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SEP 7
1948
MONDAY
mjg.
Reg. U. 8. Pat. Office
Volume
New
Number 4729
168
General
RAILROAD
Admiral
Total
net
(&
Corp.
Subs.)—Earnings—
30—</!". ~
Period End. June
V
1948—3 Mos.—1947
Six Months
Gross
$15,382,176'$11,696,654 $27,386,344*$21,548,786
Profit before Fed. taxes
1,216,249
.,
586,460
2,115,585
1,467>834
taxes <©» inc.
509,362
/
INDUSTRIAL
-
INSURANCE
-
American Insulator Corp. of Del.—Earnin^s-
?
1948—6 Mos.—1947
sales—
Estimated
243,465 j/;! 878,288;.
Selling,
1947
$427,824
$496,150
expenses-*.
162,694
161,319
7'7.
V
.7 r
•.
—
administrative
and
general
613,378
12
v
Earnings
'
*0.
profit—
share
per
S.
in
1947, and
30,541.
1947
sales
at
$3,409,355
#■
for
six
Net
income
months
Ended
v $0.95
1948 are
three
ended
months
June
for
ended
June
June
American
-
71:"
$581,869
'
'
This
stock
685,148
$84,201
expense
and general
expense.
.
f
♦$44,229
in
has
the
operate
V 49,350
'
•74,535
v.
T-_
-
e
income
87,890
! \
■'a
>
eral
i-
$
«
19,980
20,322
*
7,;
in
banks
and
hand,
on
$625,200;
Cost
(restricted,
cash
Alabama Power
$3,634,482
of plant
adjustments
General
taxes
Other
48,766
585,193
3,571,150
7 V
Net
for
Allied
-
The
plant
$5,927,910
105,000
1,260,000
$355,112
$4,667,910
Division
announces
been
either
the
"clamped
'
or
the
completed
announced
and
additions
corporation's
and
the
to
the
$150,729
profit
i
25,731
^
-
facilities
new
:
;
$176,460
51,436
planer
;
,75,122
before
Federal
income
taxes
tax
$141,018
is
announced
,
The
corporation
tween New
direction.
York
■
...
that
the
will
war
stated
and Los
;
.
first
$506,577
171,000
v
234,000
$245,448
$0.25
sleeper
^/•7;-^7
;
-
>
Quotations!
*
common
at
at
Stock
Exchange
,15
—27
(Bonds):
31r
;36" 7
of
into
share
within
registration
The
new
a
covering
new
underwriting
the
270
sale
days
statement
underwriting
of
Chicago Stock Exchange_____
St. Louis
San
Stock
36
Exchange———
after
filed
a
Oct.
180
167, p.
days,
1797.
%
__37
38
__38
Stock Exchange
38 r
ExchangeMontreal Stock Exchange
^JKontreal
Curb
Stock
_39
—
Exchange—
40
Exchange
_-41
*.
26
Transactions New York Curb Exchange
Stock and Bond Averages— p— —
26
.
the
U. S.
the
passage
to
between
date
':"•/v
this
19,
••'
.
company
amounted
086,000
kwh.,
11.14%,
V.
P.
168,
or
to
kwh.;
corresponding
240,238,000
over
the
Input—
the System inputs of subsidiaries
1948
increase of 24,period last year.—
an
738.
;-'•• American Seating Co.—Earnings—
Six Months Ended June 30—
:
1948
■
Gros3
for
$6,815,489
7,330,593
of
Provision
1947
.
$9,510,611
sales, less returns and allowances.
goods sold—
Selling and administrative expense——
Cost
5,669/220
905,863
1,213,272
111,680
depreciation—
profit
X
income
_i____a_-
/
Operating
Other
,
106,564
j/
Total income
Deductions
Provision
83,314
$217,156
taxes.
income
■
50,040
,
Federal
50,413
$905,477
——
—
for
$133,841
$855,064
<
62,259
i
325,000
/./•Net /income:
Earned
,.i
common
per
;;
share-!__^/a___-/
y
CONSOLIDATED
ASSETS—
/;
.
BALANCE
SHEET,
42,000
$530,437
$112,896
$2.39
$0.51
wpM>M
26
.
JUNE
30
1948
•/
1947
'
344,284
$833,682
1,983,299
3,835,405
2,597,703
321,640
$10,860,781
$9,571,736
$752,179
Cash
City Bond Offerings
———55
Customer accounts
Inventories,
receivable
estimated
buildings,
(less
reserve)_
books)———
(per
.
4,541,070
2,728,471
assets
machinery,
2,494,775
etc._——_
Total
.
We
Specialize in Orders for Banks and Dealers
45
Dividends Declared and Payable
46
Exchange
—
Rates————46
Combined Condition Statement of Federal
with
*
air
For the week ended Aug.
44
Markets—
The Course of Bank Clearings————
shares of
post-effective
10,
1947 has
be terminated
7 7
round-trip
will reduce
rates
new
43
State and
Reserve Banks
/
Edward D. Jones & Co.
300 North 4th St., St.
V
Federal Reserve System..
Capital Flotations for July, 1948
46
Louis 2, Missouri
'
Members
New York Stock
St.
——3
Loui3. Stock
Chicago Stock Exch.
New
,
1371
Established
-46
——
Condition Statement of Member Banks of
400,000 shares the contract may also be terminated.
,
under¬
2025,
167, p.
——40
:
Redemption Calls and Sinking Fund Notices—46
if 200,000 shares have not been sold.
If at the
after the amendment becomes effective there shatl
"-....7; 7.'■■•7 7'
unit/without
per
capital.—V.
General Corporation & Investment News—Cover
599,600
contract may
,
of
w37
Francisco Stock
Foreign
contract
$200
at
for working
used
American Power &; Light Co.—Weekly
___36
Miscellaneous Features
of 90 days
not have been sold
—V.
per
the
effective.
the end
end
to
entered
Pittsburgh,
$1.50
amendment
become
has
economical
Other
1943 after the sale of 200.400 shares had been made.
Co.,
stock
of
be
encourage
Land,
7. An
underwriting
agreement
providing for
the sale of
1,000.000
shares of common stock (par $1) at $1.50 per share was terminated
&
will
low round-trip fares between the U. S. and Eirrope, designed
international travel during the historic transatlantio
Winter and Spring—were announced by this cor¬
poration on Aug. 18. The new round-trip rate, Just one and one-third
that of present one-way fares will be introduced by American Over¬
seas Airlines, pending C.A.B.
approval^ on Oct. 1, and will provide the
,
;
..
,
company
shares
200
Proceeds
New,
to
/
Transactions New York Stock Exchange-
service
American Cladmetals Co.—New
Underwriting Agree¬
ment—
'7
' •
'•
\
^
Graham
r
round-trip New York-London ticket#
from $630 to $466.70, a saving of $163.30.
The Washington-Oslo fare
will drop to $577.00 from $755.20. The Boston-Shannon ticket will be
$410.70,
compared with
$544.40
at present;
and V the New
YorkAmsterdam tariff goes from $685.80 to $508.—V. 16fft p. 738.;
".j
•
Over-the-Counter
•/
The
Notes-—
on
American Overseas Airlines, Inc.—Reduces Fares—
most
York
Toronto
Normally outfitted to carry 52 passengers" in reclining chairs, the
Five-Star Flagships will be fitted with four
upper and four lower berths
to convert them to luxurious
Skysleepers that will also accommodate
36 in seats.—V. 168, p. 41.
.7
77-.-■■ ■•">/.
.:•!
May 5,
hoiinpany
hote and
!,
2358.
Stock and Bond
1
/>*•."/.
:■
,.
i
$0.78
;
'
■
$272,577
$0.70
$88,018
Philadelphia Stock Exchange-^
Pittsburgh Stock Exchange
1.
that the Mercury, premier DC-6 flight beAngeles, will offer eight berths daily in each
:• 7;--' 77:_ 7.:
■
air
;•
..
$100
350,000
on
Los Angeles Stock Exchange
type
in
transcontinental
be inaugurated Sept.
$4,082,830
Aug. 24 filed a letter of notification with the
.$55,000 5-year 4% convertible notes due7 July I; 1953, and
110,000 shares of capital stock (par 50c), to be offered in units of a
./,
$416,448
53,000
-
profit
Cleveland
American Airlines, Inc.—To Inaugurate New Service—
It
$1,723,099
Detroit Stock Exchange-————————__37
on
since before the
5,607,31o
804,486
.
for
88,064
35,442.
Toronto Stock Exchange—Curb Section—
;
2,527,585
804,486
Co.—
$594,641
! ■; Cincinnati • ■ Stock'.. Exchange!j^;i^
7.
Aug. 21 by E. P. Abbott, Vice President of the WigtottAbbott Corp., of Plainfield, N. J., general contractor.—V,
167# p. 2569.
& Tr.
752,550
'
-■V).'/-
The
$4,645
$491,570
<
Boston Stock Exchange
:
One tar
stripping 7
Pittsburgh, Pa., have
ready for operation, it was
are
5,382,157
American Motors, Inc., New York—To Issue
$440,134 /v $559,996
; 7 New York Curb Exchange____«_«_
: Baltimore Stock, Exchange——
Number
Division
Barrett
pref. stk. of Am. L.
168, p. 246.
'•
1,143.802
v3-'./^
New York Stock Exchange (Stocks)
$5,915,885
brazed
1,782,407
—
income.
net income
Balance applic. to com. stock (2,767,575 shs.)
—V.
•
$1,703,798
1,074.396
832,444?
7
the development
in"
i>£
.
$225,159
6,134,707
:
•
7
$7,175,885
1,260,000
designed for high speed
$745,178
subsidiaries.--—---
of
.
Chemical & Dye Corp,—New Facilities Ready—
alterations
of
$683,173/|11,514,530
;
income
New
using
6,431,615
;•/
$8,135,413
In This Issue
60,051
45,572
7
on
SEC
per share based
shares _______—
.
p. 2357.
$3,026,6457 $6,459,581
2,925,869
60,885
30,552
$460,112
alloy, especially
planers
'*■
Consolidated
/
June 30/48 June 30/47
taxes
330/100
6 Mos. Ended
salesa——— >
*>
and
Dividends
«
4,490,533
—
corporate
The
7;7/7:777;:v7//: ■■77/7:/7
supplied
■'
•
Expenses
1,082,307
to
2,384,439
602,032
income
income
$5,045,692
——
and Europe.:
The hew alloy, which was developed with the
cooperation of manufacturers of high speed planers, is now available on a commercial basts
under the trade name Carmet Grade CA-51, ana the blanks can be
.blanks.—V.-167,
from
7 * -
sub-i.r; paid
AMERICAN LIGHT & TRACTION CO.
Total
4,323,996
3,162,639
1,875
$423,210
105,000
641,
carbide
sintered
profit
Undistributed
/
^
Net
...
stocks" of
common
'
.1),
$2,157,485
330,000
subsidiaries^-
eferred stocks of
pi
2,235,973
1,984,472
subsidiaries
of
on
$7,281,665
$4,141,957
deductions-———
income
on
=
2,343,472 / 14,945,051
$9,181,988 $10,207,379
5,004
Cr8,601
$318,210
541,
pp.
3,470,244
$710,301
243,308
5,007
77} •' The corporation's Carbide Alloys
a
T; 484,610
635,928"
.
American Light & Tr, Co._——
and has assets totaling
(7'.
7
',,.7
7,^7
June 30,'48
'
1,880,264
6,797,050
,
3,506,029
income'
Dividends
loan
subsidiary
3 Mos. End.
__—r
Profit
7:
Allegheny Ludlum Steel Corp.—Develops New Alloy
of
taxes
income ————
(net)
Dividends
continue to
3,252,294
540,2591
269,283
168,
.
2,716,982
4,218,693
108,379
4,209,768
90,599
491,330
taxes
income
Net
7585,193
;
Balance
cities,
3,830,867
2,850,473
/'off seasons"—Fall,
3,580,495
7
•
132
168, p. 245,
deductions
Profit
14,804,388
$688,979
income
tools.
Total
'
3,851,520
discount
debt
Total
7 Federal
7 1948—12 Mos.—1947
21,387,277
556,811
Dividends on pfd. stock
—V.
and
__
—V. 167, p.
_______
deductions
Net
states
income
Other
1,470,285
305,195
long-term debtof
16
9,538,260
27,968,429
8,855,218
38,398,383
3,972,069
therefor.——^—
miscellaneous Federal taxes—
and
income
writing.
\
7:
48,766
|
taxes—)
.
77':- Gross income
on
ir.
.
acquis.:
income
Int.
753.
334,000
________
Federal
of'• Illinois,' whose
Co.
„■! /•/V 'Vv-;*
f-..!
777
:v7
7.
Operating
$3,074,807 $42,047,374 $36,753,745
2,005,925 7
depreciation.
.Amort.
166, p.
1948—Month—1947
expenses
for
Amort.
provisions
Other : income
'7 ,V
,
Other
Co.—Earnings—* V
July "31-
revenue
"(derating
>
Federal
capital
the
of
will
approximately $300,000 and
being under its present name.
sales——
Gross
..
purchase
(Not Including Foreign Sales Subsidiary)
<
of
'V'*7
LIABILITIES—Employees' deposits (per contra), $2,749; accounts
payable, $13,994, afcerued items, 544,484; reserves,
$83,242; capital
.R^*tock ;(492.930 shares), $432,930; earned surplus, $1,231,220; capital
Prov.
income
Operating
System Co. of Omaha, Neb., which has
finance business for over 40 years.
The Omaha
Investment
Expenses
.
$458,385; total, $2,205,778.—V.
the
announced
7;','
:
Period—
Net sales
1948
tax refunds and renegotiation rebates,
contracts,
$16,096;
accounts
receivable
(net)*
$705,773;
fixed
assets
(net),. $464,342;
pthef
assets, $124,792; deferred charges, $12,316; total $2,205,778.
: V
' Gross
offices
7' :77'v.7
$2,749; claims for
Period End.
17
totaling
time
American
"J
.
♦$140,856
*82,103; deposits on
■*172,407; inventories,
\
$62,378,869 $57,058,869
./.i.'V
American Machine & Metals, Inc.—Earnings—7
Crll2,500
•$59,085
7 •./';>/ ;/;■: ,://!
surplus,
14,100
generally operate under the naihes of Public Loan Corp., Gen¬
Loan Corp. and Loan Service Corp., now operates a total
152
of
974
'■•.
•.
! '
taxes
CONDENSED BALANCE SHEET, JUNE 30,
-
contra),
rs
State
1947
1943
\i
,
_—
local,
Wimsett
*$232,060
183
i
i'
j
Federal income
income:
ASSETS—Cash
^
and
State,
$195,615
Public
A so
8,458
.
*LOSS.
,
mo
♦$38,921
'
_
.
Refundable
;•'*
V
/$159,238
approximately $49,000,000.—V.
Income
charges
Depreciation
>•
11,400 ;
_
Aug.
consumer
assets
for the
The
*$240,518
5,308
_
Income
.
128,000
Z.!
;
revenues
electricj^' purchased for resale——
Maintenance
Investment Co. of Illinois—Acquisition—
company on
the Omaha
offices
Operating. profit
Net
taxes
of
firm
♦$103,279
53,896
.Administrative
:
income
(& Subs.)—Earnings—
,
Operation
Gross
$825,692
741,491
.„
sales
Total
$337,715
7'77.V777;'77;.. v//',7 /-J 7'1'./7/,,7
1947
1948
been
Other
:;
Net income from operations
—V. 167, p. 1141.7
Inc.—Earnings-*
30—
rh Cross., profit
Selling
taxes
income taxes
Pennsylvania
168,
$336,830
/ /
885
$274,838
______
30—
COMPANIES;
operating
and
Gas
$265,130
9,708
104,200
(net)
SUBSIDIARY
Depreciation
before
Federal
30,
1947.—V.
30,
Profit
purchases
on
June
Ended
1
M,
sales
of
$1.37
,/■•.,)
Discounts
'
Months
Cost
for
$854,456
non-recurring
were
$1,539,012
Aero Supply Mfg. Co.#
Six
$0.38
which
sale*;
$1,237,297
$342,995
$0.78
Government
included
h
$706,887
Months
Total
'
net
MISCELLANEOUS
-
American Light & Traction Co.
1948
—*
Ended June 30—
profit
Net
Consol.
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, August 30, 1948
York
Curb
Exchange
Exchange
Chicago Bd; of Trade
Exchange
Associate
Phone
CEntral 7600
Bell Teletype;
8L 593
(838)
2
"•
;>
.
til
J
) T
r».
!'
■
1:
LIABILITIES—
payable
payable
Notes
-
,
-
Accrued
commissions,
580,982
591,882
—
1,000,000
-
stock (221.062 shares, no
Capital surplus
par)
Capital
Note
accruals
125,000
Total
long-term
3,778,615
Total
„
0
3,450,651
2.571,839
$10,860,781
,
-V.
Gregory- &
487,578
167,
2246,
p.
2,236,891
4
$2,371,107
$2,113,425
$5,517,032
$4,671,228
1,305.215
1,053,384
2,624,409
2,090,436
1;803,999
1,631,627
!_
I: 925,939
-
>
849,925'
Net
profit
from
operations—
1948 '
$3,869,625
——«
Canadian income
&
-
150,000
Inc.—
Co
Wells
&
Co._
June
'
or .retire-
income
$210,117
45,333
$236,236
W-
Net
___Z———
profit
share
Earnings ■ per
—V.
$1,001,959
$1,133,958
80,000
160,000
340,000
$76,236
$793,958
167,
$2,441,761
,$3.02
common_——-—' '
2354.
p,
>
$4,643,442
' «:
$6,09
*
■
9,042,395
2,200,021
1,669,483
"(1,492,747
1,230,047
>*■"—'■MUlliJ,,
».*
*
of
Other
1,824,7?!
$372,380
»■■■■■ '
,
$1,879,723
93lJoU
.
—
$421,362
.t
,i
$4,439,547
*.■
plant
27,520
28,750
338,786
358',009
$393,842
$343,630
$4,540,937
$4,081,547
—
Operating
73,317
427,159
income
""
$675,959
}
11.084,517
120.010
117,213
/
^
i___-
revenues
leave
(net)
V'/''
•
326,000
$85,272
tax_
inc.
$949,165
52,794
$1,088,625
26,119
$165,272
—
Fed.
for
Prov.
—
-—
income
Total
$139,953
25,319
Operating income
802.448
154,211
■
..
,
!
1948—12 Months—1947'
376.980
■
Other
ACCOUNT
$1,491,368 $21,481,799 $17,312,838
1,150,075
appro.
oper.
for
INCOME
$2,329,737
i——>
•
"'j
Cummins,
100,000
1948—Month—1947 '
30—
revenues—.:'
res.
&
250,000
COMPARATIVE
Ended
Co
&
Inc.
300.000
taxes
mcnt
Net
700,000
100,000
taxes
Rent
Co
&
Wheelock
Jfrop. depres.
'
Fenn
400,000
Son,
exp.__.
Other
3,172,647
700.000
Walter Stokes & Co.__i_
44:'44
1947
$7,816,089
1,447,864
taxes
the
;follows:
—
Thomas
Period
Oper.
Federal
for
Provision
and
as
are
250,000
Milwaukee
-
Phelps.
700,009
them
250.000
&
Operating
Subs.)—Earnings—
12 Months Ended June 30—.
underwriters
Co
&
Co
Mullaney,
I
Anchor Hocking Glass'Corp. (&
Otis
Ellis & Anderson
Day
Fedeial
1948—12 Mos.—1947
1948—6 Mos,—1947
-
L.
The
v
Co.—Earnings—
Period End. June 30—
costs
791,596
$9,091,987 $10,509,949
—
%Co-, Inc.M—
Green,
3,574,571
1,972,235
3.566.117
———
___.
-----
——
.
&
R.
383,185
'
1,766,120 > 1,786,120
—4_
surplus
Total
American Service
Operating cost
Other operating
par)———
j
——————-l-- '
surplus
Earned
Revenues
($5
;•
------v'M
224.109
—
Blair
141,149
355,006
—
stock
Capital
p. 2358.
167,
debt
several
purchased by
be
to
Halsey, Stdart & Co. Inc; $3,600,000
743,163
117,614
taxes——.
respective principal amounts
$41,667
588,586
280,420
1
State
&
_——u.—-
*
the
of
names
.
$545,701
—
Monday, August 30, 1948
$9,571,736
—*
.
Federal
—
reserves
Common
surplus
Total
-V.
other
for
Other
.
CHRONICLE
UNDERWRITERS—The
,/(/'v V/'4:'l
.
taxes—I
Federal
for
Provision
137,594
760,000
3,778.615
—
*
.
FINANCIAL
due within one year
payable
Provison
257,410
,
&
payable,
Accounts
—
—-—
payable to Insurance company
Restive for contingencies
,
Notes
Earned
$830,000
352,542
—-
etc
taxes
LIABILITIES—
II '" '"T1*"
$200,000
499,915
—
payrolls,
Accrued
1
'
r
Accounts
COMMERCIAL
THE
V
income
723
804
12,705
24,122
$394,570
(net)
$344,434
$4,553,642
$4,105,509
105,034
88,510
1,214,796
—
Arabian American Oil Co.—Prepares Booklets—
Net
income
—
The
SHEET
BALANCE
OF JUNE 30,
AS
1948
prepared
has
company
illustrated
and
Issued
"Arabian
entitled
booklet
informative
43-page
a
Oil
Its
and
Securities,
$3,700;"
accounts and notes receivable
(net),, $466,948; inventories, $446,267;
other assets, $112,436; fixed assets (net), $4,676,058; deferred charges,
$62,787; total, $6,208,357. -.
•
/ Z
v.,
Shortages."
payable, $100,000; accounts payable, $157,630;
(accrued), $300,159; other taxes (accrued), $62,427;
preferred stock (no par;
declared value $50 per share, $2,621,200;
class A stock
(no par)
declared value $50 per share, $702,250; corn-
Relation-to
U.
Government
S.
The
of
and
$1),
value
(par
$6.208,357.—V.
167,
American
surplus,
$61,627;
2358.
p.
>
Total,
$2,173,Q64.
^
500,000 first mortgage
.
Bell
Vice-Chairman
request
own
System service,
Mr.
The
as
40
appointd
Keith
the board
of
member
a
f
in
charge
t
hai been Vice-President
of
public
relations.
•
•
-
the
of
New
168,
738.
p.
York
orders
hand
on
June
30,
1948
amounted
1947,
the
of
sharer,
stock
reid
outstanding
30,
1943
and
<
STATEMENT
OF
947,124
& aqm. expenses
for, depreciation
gen.
Provision
trust
used
1948
the
;
85,019,462
84,972,807
2,790,938
67,823,899
V 2,279,772
852,410
758,768
——J,
.
•
x, -
5
■
.
>
.
.
—1
before taxes
for
Federal
income
Provision
for
general
taxes,
168,
pref. stocks for
to
and
437
pp.
»
V
,
Lehman Brothers and Stope &.Webster
:
'
r
.
(Incl.
BALANCE
and
program,
of
unfunded
1,
1944,
the
'/
case,
—
_■
Electric
1s
additions,
J
Pocono
J
Co.)
:Z; ^4-444i;-44
banks
in
United
and
Stales
Trade
hand
on
receivable
—:
current
assets
Deferred
i.
assets
■''ro 1 V'
$9,655,900 $11,246,515
100,000
100,000
__
—
18,086,024
—,66,352,286
_
22,922,089
58,509,863
263,191
charges &
587,057
*'28,962,165
27,600,202
1,999,419
and
funds
the
of
the
wlll
and
cost
assets
—
-it
for
Freferred .stock
Z
approximately
and
168, p. 42.
the
*
during1
started
L.
bonds
of
Keister
materials
for
certain
as
,
the
of
election
CAPITALIZATION
;;
Notes
4^4-
•'
■
payable—banks
Trade
'*
accounts
Other
Dividend
payable
for
Reserve
Reserve
Other
$4
7%
157,241
12,565,764
157,241
11,536,198
4,657,292
1,165,037
.941,160
Woolen Bldg.-y__!_i___
contingencies——
for
prior
conv.
cumulative
_
Am.
on
reserve
cumulative
pref.
preference
ui
stock
surplus
surplus
American
6
---——
Writing Paper Corp.—Earnings-^
June
30—
1948
sales, less returns, etc—
goods
GIVING
EFFECT
TO
the
due
Operating
PRESENT
con¬
Greensboro,
preliminary
was
line
Total
.
4*1-.
Gross-
Cost,
operating
(incl.
Reserves
Income
Interest
Federal
special
Net
1
..
on
U. S.
Treasury
hand
Notes and
and
tax
v
-
3)271
Total
accounts
other
Deferred
Total
'•
demand
deposits—______
receivable
50,615
$373,628
interest-
~
1947
1,842,740
1,679,254
4,884,622
(net)
4,799,704
■
charges and prepayments
_z__
ZZ—I
2
52,360
2
31,273
$9,091,987 $10,509,949
Wni^mDanaiaSe1bertFip^esiden?'hrwilHftrri^Rn8 JLo?'
a
t
a
c-11-
oj.
and
engaged
sale
asr. a
series
which
natural
1
steam
and
gas
4.i
and,
'
t
utility
sale
Subs.)—Earnings—
r>-
1948
...
-
'
1"
1947
•
A
■■■>'■■:
/."■"
2'o9?040,461 144,512,938
to
173.336,942 123,694,030
expenses-—
income
11,640.791
tax)
5,845,744
9,924,525
8,829,769
assets—------—' *
fixed
rights
in
$1,056
of
to
of
a
.
charges—1
!—
'
_1——
6,783,540;
16,716,729
"..
436,202'
—
the
488,575
preferred
on
applicable
share
per
Town
stock
6tock_____Z
common
per share of com, stock
oil production, barrels (net)—
$79.29
$71.76
13,082,000
11,416,000
25,880,000
27,415,000
23.630,000
par)
.jr •
—
$2.07'
$5.76
/
($25
25,407,000
Individual
*
'
Trustee
COMPARATIVE
Period End. July 31—
INCOME
ACCOUNT
1948- 7 Mos.- -1947
1948—Month—1947
$
^
"4,
^ ,*u~'.•
Z-.
•
**_.
Railway oper,;
revenues-
35,591,318 ; 30.021,617 228,492,190 204,347,940
Railway oper.
expenses-
27,647.952
184,942,569 168,614,855
25,127,159
'
in
Net
.
from ry. oper.
7,943,566
tax
rev.
•Railway
3,126,278
accruals-
35,733,084
2,055,910
43,549,621
17,354,254
300.061
181,413
1,371,253
166,610
1,146,678
1,115,355
17,985,106
4,894,458
15,261,364
"
pror
commerpia)
781,^21
5,513,444
.-
common
{
limited extent
956,000
15,324,527
stocks
to
value
Arkansas
'*-44y!4
of
6,294,965
16,280.527
1, 1948, the company has appointed Henry L. Smithers
for
the
first mortgage
bonds, series A and
series B, due July 1, 1975, to fill the vacancy caused by the resigna¬
tion, effective Oct. 1, 1948, of Williamson Pell as Individual Trustee.
annually.
in
period
Baltimore & Ohio RR.—New Individual .Trustee—
in the generation, i
electricity; purchase;,
the
6,143,345
% 640,195
Effective Oct.
as
the
/f-Z>-."
district
79,571
Equipment rents (net)-'
fon
Tnirtf
ronfc
Joint fac. orents
Net
ry.
Other
Corp. both incorporated in Arkansas, Capital Transportation
Co. operates an electric trolley coach and
bus transportation system,
.serving Little Rock, North Little Rock, and adjacent areas.
White
River
<
(&
■
.
The company owns all of the
capital stock of Capital Transportation
incorporated
in Delaware,
White River Power Co.,
and Lake
<
-
168, p. 42.
Crude oil run at refineries,
barrels
of products, barrels_—i_
rr-y. -167, P- 2569.? ...
,
be
may
time
.
heating; service
Rock
resuming operationg^
when a 50-yeur lease
D,
&
1949,
Bale
—r'-'fj;
the
incorporated
was
public
distribution
of
A.
/noti
(net)ii.
.
-
152,090.
,,
income > 4,585,427
2,371.377
24,867,276
419,484.?
595,297
2,760,710
3,853,221
5,004,911 :
oper.
2,967,174
27,627,986
21,838;327
.33,696
63,391
138,359
140,883
142,989
1,451,640
902,777
10,248,702
income
Catherine
with
Power
all
its
Co.
Lake
assets,
a
was
site, which site together
disposed of in December 1943
Catherine
from
the
-War
Assets
Administration.
•
by
Gas
&
Conting.
.debt
Net
For
the
of
revenues
12
'
-
ended
company
■'
•
7
1,482,822
June
and
its
30,
1948,
consolidated
subsidiaries
operating
$23 490 891,
were
of
;
income—...
'
Excise
Tax
;444:4
[every
Thursday
4,445,502
4,511,84?
a/c
Railroad
•
Retirement
-
5,906,007
'Z'C;Z/iZfv/'ZZ'Z;
Act
6,257,305
Z
income
taxes
168,
news
and
5,760,222
advertising
1,745,903
12,614,235
__
p.
3,067,029
:
Total
—V.
5,886,325
4 596,708
Railroad Unemployment Insur. Act
10,699,262
643.
Place, New York 8, N. Y„ REctor 2-9570.
(general
'
11,892,646
Tax a/c
(Continued
°fJlCe) Willla5l
,D^na <r°mpany' fubrllshers. 25 Park
Manager.
Published twice a week
Business
810,696
10,131,362
663,280
2,712,513
•
•
478,415
640,874
(
634,997
-i-f-,—
—
»
funded
on
Federal
which
approximately 86%
was
derived
from
the
sale
of
electric
service, 5% from the sale of natural gas, and 9% from
transportation
service.
int.
♦Include:
■
months
the
—
than
debt-
>
Arklahoma Corp., a new
company organized in Arkansas
company,
Oklahoma
Gas
&
Electric Co.
and
Southwestern
Electric Co.
other
funded
on
Fixed int. on funded debt
of The
the
deductions—
chgs.
int.
The
purchase of such incompleted plant was consummated on
May 25, 1948.
The
company
also owns
approximately one-third of
the
capital
stock
Miscell.
Fixed
hydro
was
of
purpose
and
owned
Total' income
-
interests, and this company is now inactive.
Lake
incorporated under date of March 6, 1948 for
purchasing a partially.; completed power plant lo¬
Corp.
on
formerly
property
non-affiliated
-(Catherine
cated
$841,907 M$l,718,012
683,576 i
1,226,330
786,779
1,055,375
(net)-—_j-__
r4
is
purchase,
central
Little
the
assets—
iw
260,019
$32,020
;
assets
:»•'(
V'
Inventories
Total fixed
of
to
notes & accrued
all
of
mortgage. ^
indebtedneses assumed at
BUSINESS—Company
company-
distribution
t
■
Cash
The
>
■;
'
&
transmission,
16,798
COMPARATIVE? BALANCE SHEET, JUNE 30
,:■";- *;•v;;-"''4
1948
-
ASSETS—
Book
Crude
Oct, 2, 1926,
The company is one of the four subsidiaries of Electric
Power & Light Corp. which make up a coordinated and
inter-connected
public utility system in portions of Arkansas, Louisiana and
Mississippi,
The other three subsidiaries of Electric Power &
Light Corp.fin chat
system are Mississippi Power & Light
Co., Louisiana Power & Light
■Co. find New Orleans Public,Service Inc.
$704,084
15.000
—
Earned
7,500,000
Co.
-
inpome-w-i.I-—
on
of
the
Dumas/
COMPANY
$687,287
reserves—
—
Income
•Loss.
taxes
bonds
•;
1947
19,822
for
for
certificates
the
•
interest
before
charges
income for
Net
45,891 Shs?
1,780,000 shs.
2,000,000 shs.
of
time, under
issue)
with
Herbert D.
a
on
page
Seibert,
statistical
issue
7)
Editor
on
and
Publisher;
Mnnrfavl
other
Other
Reentered
Pan-
>•
■
f
ci
.X
,
J
4C
j
•) 'c
i
'i' '
:
1
■>*;
:i
••
i
f
.
the Dan¬
,
5,000,000 - 4
" T 47,609 Shi.
.
45,891 shs.
/:
acquired the utility property and service
These obligations mature at the rate
company
396,818
Interest
Provision
t Re presents
v
amount
one
to
Net operating income
—
!—• 14,132,203
Non-operating. income, *net—4--/-.il_j—2,584,526-
"13,728
47,609 shs."
■
,
of
Superintendent
C„
July 1,
expires.
30*^
general
Federal
applicable
►$250,000,000
'
any
N.
income—^
and
operating
Taxes
Balance
1978
maximum
at
.
.
due
*■ Represents
of
•$21,159'
7,411
,
expenses
Provision
!
*$13,748
"
(net)
property
308,999
,1-—-
-
income
Inactive
i
outstanding
it
on
Refining Co,
0 Months Ended June
Dividends
—_
;
after
has
Southern
Atlantic
area
..
($30,000,000
\ 11,000.000
($500,000 semi¬
annually) 1951 to 1956.
pfd. stk. cumul., (no par)
$6 pfd. stock cumul., (no
par)^./__
(Common -stock ($12.50. par)—_l_
6,176,534
expenses__i-Z^
due
*
interest payment of 2% on the
• 1956,
payable Sept. 1, 194S: to
an
Jan. ■ -1,
FINANCING
debt
notes
ser.
;viding
Z
income
Income
.
series
-
also Southern Ry. below.—V.
See
Outstanding
$7
$7,260,639
5,650,386
Selling, adminstratve & general
Other
!
$5,938,226
-
—
sold
2%
17,213,844
$130,255,050$117,579,1G7
Months'Ended
of
8,985,200
27,933,500
11,849,804
11,849,804
; 21,811,378
—
Total
Gross
8,985,200
-
—V. 168, p. 541.
Cost
850,000
4,000,000
3 Va %
1
these
of
First Mortgage Bonds:
•
3Vb%
series due
1974
2%%
series due 1977
tMiscellaneous
13,088,700
29,356,200
Capital
Earned
-
830,000
6,000,000
11,666,000
stock—
stock
Common
4,832,719
plan—4,826,792
taxes
Income
liabilities
mortgage
General
Income
retirement
3,897,588
stock
7%'pfd.
on
Federal
for
current
3Vi%
$14,100,000 $10,000,000
3,044,047
1,533,510
.
payable
payables and accruals—.
>
"
-
!
*
Southern
independent
an
which
The company has not determined the method or means
by which
-lt~will-finance ihe balance of Its long term construction
program. .
'
$2.52
'
.
Ry., has been elected President of the
Atlantic & Danville Ry., succeeding Edgar Newgass of London, England,
division
ville
together with
1948
$2,026,337
$1.78'
■
'
.
-
complete Construction
$1,425,844
Surplus——
^ Atlantic & Danville Ry.—New President—
:
•*
•
$2,116,337'
90,000
polders of record. Aug. 20.—V. 167, p. 938.
contemplates,
increasing load of the
?
.
,277,985
,
Atlantic City Ambassador; Hotel Corp.—Interest—4
Earl
System—Supplementary
rapidly
.
The 'directors have' declared
The
Distribution
because of
272,420
$1,515,844
requirements!/---—f'90,000
dividend
.
20-year- income
follows:
Transmission
necessary
440,787
$2,394,323
Earnings per share on 802,553 common shares-
improvemen?
$13,150,000,
$1,953,535
359,768
-
_____________
Balance for cominon stock and
—V.
projects have been placed, but such
orders
are
revocable by
the company subject to reimbursement of
manufacturers for expenditures Incurred.
^
—____$130,255,051$117,579,167
LIABILITIES—
393.975.-.330,571
1.237,283-
$1,788,264
Net
:
Authorized
Total
431,539
•
$1,428,496
■
_1__—
deductions
Income
S
;
the
dur*
Income
i-Gross
used 'for
program
opetating lncome_-Z
Utility
,
PROGRAM-^Company's construction
to
be
extension and
and for other corporate- purposes
1,449,507
—
(net)
2,789,770
-462,000
389,837,.
1,053,215
:
othef
projects now expected to be undertaken,
will require expenditures
during 1949 and 1950 estimated to-aggregate an additional $14,000,000
and $16,000,000, respectively,
of which approximately $6,250,000 and
$9,000,000' are for generating facilities in the respective years. Orders
,
'»
(net)———
Inventories'
Other
Fixed
.
„
•' June 30, '48 Dec. 31, '47
obligations—cost—
accounts
>
,6,793.842-
,
'
Other -incomey4
supplemented/ The proceeds
as
estimated to cost a total -of $11,353,000.To
7,958,379- V 7,890,898
,
•
—
Federal and State income taxes
'.
>
property
balance
facilities
new
estimated
struction
1,000,000
-
1947
1948
$14,979,655 $13,930,515
:
gas
; General taxes
StaHana—Start of" Construction of a 60,000 Kilowatt
scheduled tA be in operation about mid-year of 1949,. to
the Cecil
Lynch steaii-electric station, and improvements to other
existing plants, estimated at $769,000/
5,450,000
SHEET
*
■Cash
$2,579,630
-Earnings—
i:
revenues-
Depreciation
Generating
6,030.000'!
/
CONSOLIDATED
v
1
.
608,609
period
purchased
.7,490,942 r
Other operations
3,533,004,
Maintenance-i—^, 622,160
the company's treasury, in part, for funds
acquisition of property or
the construction,
improvement of its facilities in connection with
the
or
1948,
; 2,000,000 ■*.
————
ASSETS—
the
$3,238,846
642.
•
income
Crl3,090
$3,183,239
V'
608,609
$2,630,237
surplus—:
12 Months Ended Juife 30—
Natural
additipn,
15,988',379 M 14,340,898
contingencies—,:
of
of Oct.
as
principally, additions ^as
,
——_
Provision
Net
:<
income—^—
earned
•■/-
Operating
Other' bids?
1)iil of "100.5811;
a
the
CONSTRUCTION
15,918,497 ,.15,157,022
r
69,882
183,876
income'''(net) ——1_J_—
*
reimburse
for
construction
'ing
/
Income
basis
pf .present facilities,
$
104,534,652
——
—
1947
'
;V
on
plus interest in each
dated
to
ufced
construction
oporationsj'_---i_-i.4^---^,-!-i
z 'Profit -Irom
Other
be
extension
;
Aug.- 24
rate, were:
the
on
will
(Including The Pocono Co.)
less returns,\ allowances and discounts
of sales, exclusive of depreciation!
Selling,
funds
already
$
Cost
2Vt%
a
deed of
,
INCOME
Six Months Ended June 30—
Sales,
to
-Atlanta Gas Light Co.
"
;
corporate trustee will retain approximately $2,500,000 in trust, pending
withdrawal by the company under the terms of the mortgagee and
'
„
awarded
was
'
-
CONSOLIDATED
-
.
June
of
p.s
naming
cash
preference
shares of Common Stock,
V,
PURPOSE—The net proceeds will be used for the following purpose:
Approximately $5,000,000 will be added to the company's general
<
-
first
prior
'
,
as
half of 1948, additional shares of $4 cumul. con¬
stock in the amount, of 14,227 shares were
converted into common stock, with the result that there were 116,'660
During
vertible
issue
price being 101.07;
$61,600,000,
to
increase of $600,000.-
an
bonds,
maintenance and replacement fund or by use of proceeds of released
property at the special redemption prices the initial special redemption
Co., Inc.—Semi-Annual Report—
Compared with $61,000,000 on June 30,
-V.
Dated Aug. • 1,. 1948; "due. Aug., 1, 1978. ? Bonds will be,, redeemable
at the option of the company or pursuant to the requirements of the
.mortgage in whole, or In part at any time prior to maturity on at
least 30 days'
notice at the general redemption prices the initial
general redemption price being 104.07; bonds will also be redeemable
upon like notice by operation of the sinking or other fund or 'the
-
Unfilled
,
$3,175,239
$3,238,846
t
•
-
Woolen
American
Offered—Halsey,
Aug. 25 offered $7,3%% series due 1978 at
Corp. (jointly), 100.56993r White, Weld & Co., 100.40991;
Forgan & Co. and Harriman Ripley & Co., Inc.;
(Jointly)?
100.40; The First Boston Corp., 100.399;
Equitable .Securities Corp.
'and Central Republic Co, tJointly),*100.18;•" ""
-
McHugh, who has been Vice-President of the A. T. & T.
charge of public relations, has been appointed in charge of
finance,—V,
transferred
Balance
Olore,
S.
in
Co.
Balance
Securities
of
years
Telephone Co., has been elected a Vice-President of th A. T. & T. Co.
and
net
of
$255,924'
$233,536
"
'
will
directors,
of
than
more
Z *'
who
Phalen,
after
1
Cooper continues
_
W.
Clifton
board
the
of
Sept.
on
directors.
of
930,439
-
on
401.07* and interest)
Co.—Retirement,
Telegraph
&
all
Cooper,
P.
his
at
retire
Telephone
■,
Charles
*
reservations
Misc.
■
Dividends applic,
Arkansas Power & Light Co.—Bonds
Stuart & Co. Inc. and associates
1
Etc.—
acti\1ties
'
__
tax
income
stock
anon
deduc—i...
income
Net
has prepared another booklet entitled "Summary
Developments," which is intended as a, reference
not only of Aramco but of all oil companies
Oil
East
the
on
other,
&
Inc.
1
»
also
company
Middle
work
LIABILITIES—Notes
Federal
«
-
World
operating in the Middle East.—V. 165, p. 3274,
$440,162;
ASSETS—Cash,
Income-
Gross
.(•■J-
Volume 168 :'! Number 4729
THE
It
COMMERCIAL
&
FINANCIAL
CHRONICLE
The Capital Flotations in the United States
During the Month oi July
IfIII#' And for the Seven Months of the Calendar Year 1948
Total corporate financing for the month of
and refunding^ aggregated
July, both
new
footed up $179,263,000 or 39% of the total.
with the
preceding months of 1948 follows:
$459,380,071, as compared
with $624,203,944 in June and
$606,543,042 in July, 1947.
The July figures .compare
favorably with, the preceding
months of this year and the
monthly average of $527,635,955 for 1948 to date.
Of the total for the month
$444,655,336,
724,735
or
Amount
exception of May,
The
principal
1947.,
149,660,000
the
month
April
Corp.
and
Of the month's total
so
15
40.4
44.2
-■■
:'t
,50.2
.
-V.-.: !•
$117,931,456
was
for
new
v
...1948'.
Capital
.-January-2--;—^2—
I,..
.
Refunding
$
564,8491374
2,590.000
February—'I
545,880;788
594,6O6;305
14,091,5X6
97,041,541
First quarter—,.
1,505,336,557
Second
quarter^-.
y
1
Bix
'J
months—3,037,150,338'
July____.
36T.439.374
28,896,829
m » "
i" *
* * ■
y
•
,
$
119,204,001
271,362,410
129,503,023'
307,169,645
^
459,380,071
311,789,477
188.633,528
732;416,105
314,559,864
—'
122,187,231
380,544.595
171,098,753
I
I
■■
.
j-.. -mh
' j
M
HI
rVi
u/nr
I
t.: I'.jj—
*4*i>
i..
»V
m*
.
'iiii"" '
'
369,051,533
W
392,874,893 1,291,349,461
.
October—.—i——
November——--y——
598,947,623
470,278,199
Derember_——I~l—-.i
!
L'
;;; _j——
—
75,922,920
674,870,543
»mi
'»
'
665,211,295
Collins
&
&
of
Co.;
&
Co.
RR.
2'/2%
equipment
Co.
Inc.; Hornblower &
Freeman•& Co.; Gregory &
Eon,
(Inc.);
RR.
2J/2%
equipment
trust
certificates
due
Lehman Brothers.
l
589,877.742
691,223,683
mm
820,545,112
472,389,142
317,440,678
y
1
,;v
and
F.
S.
&
Wm.
Co.;
E.
Pollock
&
Co.,
O Gara
Alfred
&
Co.; Thomas
Yantis &
Inc.;
McMaster
&
Co.,
Co.,
;< •
3,200,000 Wheeling & Lake Erie
Ry. 2%
equipment trust certifi! :
dates,t series; P,y maturing
semi-annually Jan. 15, 1949-r
ft;?#, '
; Jnlyi 15,
1958;; Purpose, purchase of
equipment;
Priced
•r, 'i
,j £o
yiel(^ fr°m 125% to 2.30%
-according to maturity.
Offered' by
Haritis,yHall & Co. (Inc.)'; Robert W.. Baird
'
*
& Co-> Inc.; Blair &
Co., Inc.; Equitable-Securities
Corp.;
The Illinois Co.; Reynolds & Co.;
Schoelkopf, Hutton &
Pomeroy,
Inc.;
Bramhall, Barbour & Co., Inc., and
y.:..
-;..Haydeny
1
.
.
Miller
...
,
PUBLIC
1
yf$1,500,000 Bangor
Co.
1st
,
mtge,
bonds, 3% series,
Purpose,., capitalexpenditures, etc.
through Smith, Barney & Co.
'Placed privately
200,000 Batesvilie (ind )
Ttiephone Co.
1st
tnige.' sinking
fund
bonds,
clue
1973.
Purpose, refunding
($84,000);
property
inmprdvements,
etc.
($116,000).
Price r par
4>/2%
676,193,682
804,521,175
e
9®.®redl'by CRy Securities:
,1,000,000 California Water
&
Co.
of
Indianapolis.
Telephone Co.
1st mtge.
I, 'L
■■
K..
il l J'
UTILITIES
Hydro-Electric
yty-V
343.853.111
3,0&7,'628,616 6,652,069,681
x
K,;y:y
Dec- A.,; 1?77.
»
>,
3,564,441,065
Coy^yyy:.;;>yy7..y« 4!'-,
•
..i........ m.
113,297,492
&
-
v>
3'/. %
bonds,
y!
i seri€s due 1971. Purpose, property^Vimprovements
~j®*tenrtohS.* Price, par.
Placed
privately with
y.
;»i..
western
Mutual
and
North-
Liie
'
Insurance
Co.
of
Milwaukee.,
yy *4,000,000 Carolina Telephone & Telegraph Cd. 3'/e%
debentures,
tt,y
; ^
due July 1, 1978. Purpose, repay bank loans;- construc1-:,'' ' tioni 'Sold privately through
Kidder; Peabody & Co. to
vjf
i
New York Life Insurance Co.; John
•
'
,
■;.(
i
ing of Series F-1949 one-year l1/s%,Treasury Certificates
Indebtedness offered in exchange par for
par to hold¬
ers of
Treasury Certificates of Indebtedness of Series F-
Total
I
The balance in each
Outside
of
the
case
above
We
now
present
UNITED
v
,
Dated
•
y
Total
Jun
for
six
.,
.j&p-r
*•
month$__
-
91 days
July 1>
Jun 29
July 8
91 days
July 9
July 15
191 days
July 16
July 22
91 days
July 23
July 2991 days
Juh 21
July 1
1 year
Jun 21
July 1*
1 year
Jun 21
July 1*
1 year
July i-31 July 1 10-12. yrs.
July 1-31 July
12 years
July 1-31 July
2 years
Certificates
■Notes
■
Total
for
•
Accepted
Price
Yield
1,101,696.000
99.748
99.748
of
C-i949
1,078,583,000
100
2,103,020,000
100
Tf672,7l7,063j
1,672.717,063
909,689,000 ! 99.748
2,601,685,000 100 V
;
a,
16,106,500
16,106,500
.
140,082,600
100
Type of
Security
Dated
-XX
i
?
672,707,000
97,155,000
18,207,808,000
;
.
notes
to
Civil.
Service
Canal
•
Zone
Federal
i
'
■
-•
■
\
Retirement
-
Insurance
m
v
>
Railroad Retirement Fund, Postal
Government Life Insurance Fund, National Service
Fund,
Federal
Deposit
Insurance Corporation/ and
'
we
C-1950.
Is.
1
'
2
■
/
'
;
C
yield
Total Amount
|
'
s
I
'
;
1
earnings
.,;;
'
about
\
■
*
'
.
t
■
about
-
Accepted
Refunding
:4'$
Total for six months— 45,589,860,775.
41;355,688,0t)0
j;-.■:
July! 1
91
day Treas,
bills
1,101, 696,000
■.
91
day-fTreas.
bills
1.101. 588,000
Price,
day Treas.
bills
905, 908,000
day Treas. bills
908. 599,000
908,599.000
July 29
91
day Treas.
909,689,000
July
909, 689,000
2.601, 685,000
■
-T:
■v
■ -
4,234,178,775:
905,908,000
91
'
l:V
;,
&
Nashville
1|jp
and
&
Peck;
int.
RR.
Pressprich ^ Co.;
& Co.; Harris,
1st
&
ref.
3%%
bondti,
'
t
by Halsey Stuart & Co, Inc.;
& Co.. lhc-,.;' Bacne tt
v.o.f
Bacon, Whipple & Co.; Ball, Burge & Kraiis; Bear, Stearns
& Co.;
A. G. Becker & Co., Inc.;
William Blair &
Co.;;
Burr & Company,' Inc.;
Byrd Brothers; C. F. Cassell &
Co., Inc.; Central National Corp.; C. C. Collings and Co.
Inc.; Julien Collins & Co.;
Cooley & Company; Henry"
Dahlberg & Co.; R. L. Day & Co.; Dempsev &
Company;"
Clement A. Evans & Co.,': Inc.; First of
Michigan Corp.;,
Folger,-Nolan, Inc.; Glore, Forgan & Co.^ Graham, Par¬
sons & Co.; Green, Ellis &
Anderson; Gregory & Son; Inc.;*
Hallgarten & Co.; Hirsch & Co.; Hornblower &
Weeks;
E. F. Button & Co.;.The Illinois Co.; Kalman &
Co., Inc.;
Kean, Taylor & Co.; A. M. Kidder & Co.; John Kormendi
Baker
1
Ctfs.
of
indebt
1
Ctfs.
of
indebt
1,078. 583,000
1,078.583,000
E.
July
1
Ctfs.
of
indebt.—
2,103, 020,000
2,103,020,000
Leonard & Lynch; Mullaney,
W.
Co.; Marx & Co.;
W.
&
R.
C.
Mason-Hagan, Inc.;
Miller & Co.;
M nsch.
A. E.
Monell
Masten & Co.;
&
Co.:
Moor
bonds
The
First
Boston
Corp.;
Drexel
to
Weeks;
to
Co., Inc.; R. L. Day to Co.; R. S.
Hay den, Miliar & Co.; Green, Ellis
Haupt & Co.; First of
Michigan Corp.;
McDonald
&
Co.; Chas.
W.
Scranton
to
Co.;
Swiss
American Corp.;
Whiting, Weeks & Stubbsf E W. Clark
to
Co:; Julien Collins to Co.;
Field, Richards to Co.;
Granberry,
Marache
to
Co.;
Henry ' Herrman
&
Co.;
Johnston, Lemon & Co.; Starkweather &
Co.; Stein Btos.
&
Boyse;
Fahey, Clark & Co.; E. F. Hutton &
Co.;
&
The
s
Son
to
Co.',
Boettcher
and
Company;
Boe-
\
to Sherrerd; Cohu
i Johnson,
Lane,
to
Space
,
Wells & Co.; Nashville Securi-
Coe; Perrtn,
B. W, Pizzini to Co.,
Inc.; Scott,
Mason, Inc.; Strader, Taylor &
Co.,
Inc.:
Dabney & Tyson,, and Harold E. Wood &
% West to Winslow- Inc.;
'
,:<y
'
Horner
&
1
Townsend,
14,000,000 Equitable
-
.
<
Drexel
Offered
Amott,
July
2,601,685.000
jlj
1st mtge. 3
*•>
I
100
Adams
1;101.586.000
91
July 22
New
Indebtedness
Offered by R.
White, Weld & Co.;
mtge.
and Co.r Inc.; Metropolitan Stv Louis
Co.; Scott & Strmg\JeUow; Stix & Co.; Wurts, Dulles &
Co.; Yarnall & Co.;
Chace, Whiteside, Warren &
Sears, Inc.; C. C. Collings
to Co., Inc.; G. C, Hass
& Co.; Mackall &
.
f
p
Of,
1.07%-.
3.90%t
Co.;
Louisville
;
1,101,696.000
July 8
July 15
Railroad Terminal Co.
1st
,
Hall St' Co! (Int.i; 'Led Higginson Corj).; Pa'ne, Webbed
Jackson & Cqrtis; Auchincloss, Parker & Redpath; William
Blair & Co.; Francis I. duPont & Co.; Laiirence M.
Marks
& Co4 Baker, Watts'& Co.'; Emanudl. Deetjen ti Co.; Green.
Ell's & Anderson; F." S. Smithers &
Co,, and J. C, Bradford
& Co, /
:
30,000,000
;
&
&
Newbold
RAILROADS
'
by
3orth, Sullivan Sulzberger Butcher
& Co.; & Co.;
0.;
Hallo well,
'sinking fund bonds,, series A, due June 1, l9d8.^» r'tti'i/waj,
construction of ''facilities,
etc.'
Price', 99.68 and int.* to
Shields
USE OF FUNDS
r-'•
»
,
Co.
Co.,
Inc.;
Merrill,
Turben
to
Co.;
Piper
Hopwood; Prescott. Hawlev,
Shepard & Co
Robinsop-Humphrey Co.; De Haven & Townsend,: ICrouter & Bodine; Elkins, Morris &
Co.;" Goodbody! & Co.; J. J. IB. Hiiliard &
Son; T. H. Jones to Co ;
Kirk,patrick-Pettis Co.; Moore, Leonard &
Lynch- W
H
"
.
b
Treasury notes of tax series
Series
1
Offered
Kalman
1948
>
int.
Inc.;
Long-Term Bonds and Notes tissues Maturing Later
Than Five If ears)
$9,250,000 Uakefront Dock-A
■: a • *
Electric
Purpose,
Jaffray .'to
Details of New Capital Flotations.
■
...
Ohio
1978.
Boynton
Federal Savings and Loan Insurance Corporation.' tNet retired.
V/t
Virginia.
4 Dickson & Co., Inc.;
:
& Anderson; Ira
and Survivors Insurance Trust Account,
Fund,
Foreign
Service
Retirement
Fund
Age
Retirement Fund, Alaska
'Savings System,
Life
Old
of
Co.* 1st.
'
1,831,755,000
■..
Co.
Mutual
York ' fas
Southern Ufe
Paine,
Webber,
Jackson
&
Curtis;
' Tucker,;
Anthony & Co,;
American
Securities
Corp.;
y Bacon, Whipple & Co.; Baker, Weeks &
Harden; Francis
I. du Pont &
Co.; Hirsch & Co.; Carl M.
Loeb, Rhoades
f & Co.; Stroud & Co., Ihc.; Weeden
& Co., Inc.; Auchin¬
closs, Parker to Redpath; Robert W.
Baird & Co.,
Inc.;
H.
F.
■
575,552,000
.
and
blower
'
'i:
;
months— 20,039,563,000
seven
■.
'
■
bills
tso.ooO.ooo
625,552,000
"Comprise sales of special series certificates and notes; certificates
to Adjusted Service Certflcates Fund and
Unemployed Trust Fund
and
I'/a
>
i 58.129,540.938
issues designated
v:!
for
Insurance
New
&
Co.; Eastman, Dillon to
Co.; Lehman Brothers; MerriJl
Lynch, Pierce, Fenner &
Beane; Coffin to Murr
Inc.;
-Dick- & Merle-Smith;
Equitable Securities Corp.; Horn¬
.sold
*0.997
-
100
140,082,600
and
'Total
U:
*0.997
months—
separate
C-1948,
*
,
*0997
99.748
Average rate! on. a bank discouhi b(^ls. a< Comprised of three
sepa¬
rate series, of tohich seties 'E have
10-year" maturity, are sold on a
discount basis at 75, and yield 2.90'>; series P have a
12-year maturity,
are
sold on a discount
basis, at 74, and yield' 2.53% and series, !G
have a
12-year maturity, are sold at-100. .and bear 2\k%
interest,
C-1947,
Net Issued
1,286,200,000
80,000,000
Co.,
& gen.
mtge. bonds, series
1, 1978.
Purpose, repay short-term
101.467 and int.
Offered by Halsey
Southern
dile
Trust
Western
construction,: etc. Placed
*
1
f
privately through Dillon, Read &
Co., Inc.
50,000,000 Commonwealth Edison Co. 1st
mtge, 37® bonds, series
N,
t-; ':. '
' '
'lute Jtene 1, 1978.
Purpose, working capital. Price, 100.99
s
47,155,000
672,707^000
*0.997
99.748
908,599,000
1,655,491,000
1,724,853,000
1,689,397,0007
2,601,685,000
1,078,583,000'
2,103,020,000.
*
b Comprised
Retired
19,366,856,000 18,110,653,000
—_i——_i
&
series
Life
'0
.
40.997
July—12,539,674,163
seven
3%
FINANCING
;-4H'
and
June
Price,
Co, Inc.
Stuart
—L—_L 45,589,866,775
1,101,588,000
905,908.000
.
for
'•
trusts);
Power
due
*10,000,000 Columbus
6,063,084,938
give complete details of the capital flota'tions during July including evefy issue of
any kind
brought out in that month.
1.802,239,000
.
»INTRA-GOVERNMENT
Co.,
Maine
'3Vb%,
Bankers
lour
borrowings.
'1,828,906,163
„,
Total for July
Below
1,777,090,000
.
'
Co,;
under
Insurance
Q,
,
'
1048
■-> v\
•
12,539,674,163 10,710,768,000
^.v....— -i-...,I
4-
——
•
.t
Hancock
Insurance
5,000,000 Central
t|,.
"
months— j58,129,540,938 52,066,456,000
seven
16,106,500
140,082,600
——«
.
:,;v
DURING
Amount
:
Applied for
*•. • r
25
Total
Amount
-
Due
-
"
.r,."'
FINANCING
—
»'
«
"
'
July—
."i !
.
Life
trustee
1,672,717.063
—
;
..
■
usual tabulation:
our
STATES TREASURY
Date
Offered
.
"
"
Issued
July confined its operations to the usual weekly sale of
Treasury bills, Savings Bonds; Tax Administration Notes
and Depositary Bonds.^
'
[ '
1
.
July
f: «■ ■
Total for
Total for six months—
Treasury, Department- in
,
for
>
'
Indebtedness
$
•
being redeemed in cash.
the
:
>
.
i
$2,741,964,000, which matured on
$1,078,583,000 was received and accepted for
the offering of Treasury'Certificates of Indebtedness of
Series F-1949 in exchange
par for par to holders, of
Treasury Certificates of Indebtedness of Series G-1948
which matured on July 1, in the amount of
$1,126,672,C00, and $2^103,020,000 was. received and accepted -for
the offering1 of Treasury Certificates of
Indebtedness of
Series F-1949 in exchange par for
par to holders of
Treasury Certificates of Indebtedness of Series H-1948
which matured on July 1, in the amount of
$2,209*,163,000,
Refunding
Savings Jbds.
1,672,717,063
Depositary bonds—,
16,106,500
Tax Antic'n notes140,082,600
July
the amount of
Accepted
New
U. S.
jjily
1,
XX'X
Total Amount
Security
r
1
-r j.
(
Typo of
tp'V -'ii
; July
X-.J of
1948 in
i 1
i
,
Dated
The Treasury on June 30 announced that
$2,601,685,000
in subscriptions were received and
accepted to the offer¬
July
f
i
.
^$66,900,000x<
27?,781,782 1,824,567,968
'
Treasury Financing in 'July
'•
M,
>
a.
73,168,350
86,315,940
1,551,786,186
4,752,435,028 1,522,096,504 6,274,531,532
'
&
Co.;
859,737,519
702,592.565 1,610.374,932
.270,684,761
1,995,393,637 ? 243,118,879 2,238,512,516
'
.
First
''X'-':
>'■.
'
*
Maryland Ry,. 2 (4%>equipment trust
certificates.
maturing annually' Aug.; 15, 1949-1958.
Furpose, purchase of equipment." Priced to yield from 1.507®
to- 2,5?%. according
to
maturity.
Offered
by
Halsey,
®tu®r,t ^ Cov Incv R- w-. Pressprich & Co.; A. G. Becker
^ ^0<» Inc.; Otis & Co. (Inc.); First of Michigan Corp;
Freeman &
.1
Fourth quarter^—
Twelve months
Julien
Inc.;
Co., Inc.; HornMichigan Corp.;
Mullaney, Wells &
Becker
Western
Hutchinson
682,652,434
451,493,579'
104,757,061
146,341,925
907.782,367
.84,068,960
,554,347,159;
926,167,815 ! ; 83,126,999 l,009r,294,814
—
and
fi-t! [;.X.
cj
2.757.041,391 1,278,977,625 4,036,019,016; 2,012,654,879
2,814,846,834 4,827,501,713
:
Co.;
1 ennsylvania'
■-
1,414,518,213 2,207,601,248
367,632,081
898,47$,568
:—
*
606,543.042
304,261.824
nil
'
4
2,744,669,555t 1,104,872,512 2,112',254,269' 3,217,126,781 ]
123,226,255
Ii-r'.
Stem
«■
886,102,732
147,461,407
■
quarter.-——
months,
392,762,791
671,103,991
350,651.431',
793,083,035
483,316,787.-'
HI. f
Co.;
,
series'
m
.
&
1
9,900,000
■,y.
531,164,539
"...
& Co.;
Writer &
Inc.;. Julien Collins k Co.; First of Michigan
Corp;; The
f' Milwaukee
Co,|; Win, E. Pollack & Co., Inc.; McMaster
"-X.*1
61; CO.-; Mullaney,
Weils & Co.,
and
Alfred
! k':>' O Gara & Co.
XX ■ 'i'V '■•'V, 'v
'
697,736,056 1,009,525,533!
156,800,417
258,357,364
-:.—l W.,
1963.
5,800,000
■
14,724,735
&
\
,
436,672,668
319,497,872
1,858,566,823
Pressprich & Co.; A. G.
&
Weeks; Otis & Co.;
Weeks; Otis
L''
* +
318,978,811
611,519,659,1,718! 109,224'
Otis
certificates, due $270,000 annually Aug.
1,
1949purpose, purchase of equipment.
Priced to yield
■;y^.y^y':y.:^from i;55% j;oi 2.90%i according to maturity. Offered by
Halsey, Stuart & Co. Inc.; R. W.
Pressprich & Co.; Bear,
' j> ;
Stearns & Co.; A. G. Becker & Co.,,
■
253,8^4,054
47,616,401
289,889,643
■
Scran ton
■
.ttufft
y X ;,
e'
134,670,053
450,548,250
v-
W.
Hartford
$
;
454,528,580
■
W.
Freeman
Total fV
.1
196,921,136 3,234,017,474
444,655,336
tRevised.
XI
78,214,460
r
R.
•
'
Refunding
364',744,693
1,106,580.565
Co.;
Peters,
y.;V'$600,000 annually May 1, 1949-1963.
Purpose, purchase of
XXu
'
equipment.
Priced to yioki from
1.50%
to 2.75
Vc, accord¬
ing to maturity.
Offered by Harriman,
Ripley & Co., Inc.
211,267,388
518,608,778 ' 213,807,327
August..
Nine
Capital
211.666,667
V
Chas,
*
-♦1946-
New
274,583,073 1,026,560,3311
Inc.;
*
376,314,120
; September——
Third
Totals
.
260,909,485
180.343,822
751,977,258
83,198,079 1,615,011,860
-
i-
310,720,947 I
612,638,292
378,169,624
624,203,944
4,088 750
"tip'''**.
Refunding
:•.
550,972,304
691,647,936 :
50,212.500
1,531,813,781
.—
i
Co.;
.
-
Capital
The Ohio
Co.;
Co.n and McMaster Hutchinson
4,050,000 New York New IHaven &
present a tabulation of figures since Janu-'
1946, showing the different monthly amounts on
corporate financing.
Revisions of the 1947 ahd 1948; fig¬
ures may be
necessary, particularly as additionalI private
financing is brought to light.
...
New
113,723.057 1,619,059,614
562,425,792
374,080,874
595,307,115
;
..
&
blower
we
$
March
—
■
Total
,
1
$
,
/
SUMMARY OF CORPORATE FIGURES BY
MONTHS 1948, 1947 AND 1946
New
j
,
ary,
placed in July, Consisting of 27 separa
Co.;
Kendall,
equipment trust certifidates, due annually Aug. 1, 1949-1958,
Purpose, purchase
of equipment".
Pr.ced to yield from 1.55% to
2.707®, according; to maturity. Offered by Halsey, Stuart & Co.
«,
purposes and $1,972,015 refunding,
Below
&
&
.
44.7
money
*
Issues placed by the private
route; as in past months,
played an important: role in the month's total.
■*
gregate
36
State and municipal
financing during July footed up
$119,903,471 compared with the grand aggregate of
$285,-!
904,613, in June and $135,892,501 in July, 1947. Our total*
for, July,
however, excludes $125,000,000 Triborougn
Bridge and Tunnel Authority, N. Y. bonds'purchased
direct by the Reconstruction Finance
Corp.
>
$25,000,u00
Household Finance Corp. 3% debentures.
L
'"fckx.5
•43
45
■
Newton
Schwabbcher' ■&
Bros.
/.
v
'
were
debentures
__
—a,—
January
similar amounts by International Business
Machines Corp.
and Field Ships,
Inc.; $30,000,000 Louisville & Nashville
RR. first and refunding 33/4S and a like
amount of West-
Electric
;
„
Febf uar'y
■'
'
M.
Ccpeland
Sterne, Agee & Leach; Walter Stokes &
Co.;
Swiss American
Corp.; Thomas & Company; Wertheim &
Co.; Wheelock & Cummins,
Inc.; Harold E. Wood & Co.;
||i; :^'';i^y8tt, Neal & Waggoner, and F. S. Yantis &
Co., Inc.
4,700,000 Missouri Pacific RR 2%%>. serial
23.9
3d
247,630,000
306,148,750
281,117,000
164,285,000
w..
March
$50,000,000
Commonwealth Edison Co. first mortgage
3s; $35,000,000
New Jersey Bell
Telephone Co. 3V8% debentures and
inghouse
20 "
81,225,000
V'
k
Xxx
39.0
E.
Christensen, Inc.; B. W. Fizzini & Co., Inc.; The RobinsonX.Humphrey Coj; Schoellkopf, Hutton
&
Pomeroy,
Inc.;
•
~&*S>X/ZV
»
-27
ties Co.;
Patterson,
•
:
,
,
refunding operations, with the
issues for
Total
$179,263,000
96.8%
money greater than
% of
Issues
**"—'■
held to the
new
..."
:
,
;
•
,i(
represented new money and $14,32% refunding.
Thus, the trend of financing
same pattern for the 23rd
month, showing
or
Comparison
No. of
Jan.
<
«
*
1
Gas
1973.
Co.
Co
3 74 7®
i*
1st
Purpose, purchase
general corporate purposes.
! by The First Boston
Corp.;
to Webster Securities
;
.
'
1.
>
»
J
i
*
'
Price,
-
-y,>
DeHaveii
*
&
Townsend,
bonds,
natural
series
due
gas
properties
100.84 and int.
Offered
Stroud
Leonard to Lynch; Singer, Deane
MacGregor, Inc.; A. E.* Masten &
,
-
of
Kidder, Peabody to Co.; Stone
Corp.;
r
mtge.
&
Co., Inc.; Moore,
Scribner; Glover to
to
Co.;
Thomas
&
Crouter
Co.;
to Bodine;
Chaplin to Co;
McJunkin, Patton & Co.; Stark-,
Co.; Geo. G. Applegate; S. K.
Cunningham to
:XtCo'> Inc., and Grubbs, Scott & Co., Inc.
>}3»5oOfOOO; National;, Fuel Gas Co. 3% sinking fund
Kay
i'
Richards
weather
;; ^Indicates
'
to
Co.;
&
issues placed privately*
(Continued
I
dfibentures,
,
i,
fV
,
^
'
on
page 6)
In the comprehensive tables
lowing
the
pages
sreven
the
compare
months'
preceding,
comparison.
the
on
the fol¬
July and
figures with those
corresponding
years
year
we
periods
thus
in
the
affording
a
for
four
five
dufe
,
^
." .
00
<©
"Total *m■nasi
'0,163.8
$
'
26,19750- 4,590SI-
219,08 1
Capit l
47,6234 57lT3,86 4,590,51
$
New
17,42 950 1,987,50 1,304 51
18,360
5,0 ,0
30,719801 70,65890 62,48750 34)25 31 25.70 Q
- 219,08 1
20,93 0
Ty
.
--y
27,45.0 2,430 20 ,0 21,8309
57,32 813
$
5,0 ,0
20,93 0 53,210 60,5 0 279506 25,70
$
t
16,75298
Refundi g 140,73.58 2l[oi5*,40
-104
Total
27.45,0 34.02C196 1,70 0 28,5 97 Intera-
1,59716 1,50,0 70,42509
Capit l 20,930 5, 0, 0
$
17,42 950 3.587,50
140,7358
21,0540 65,~1087956 60, 0 l8i59761", 25,06714
16,75298
1,~98756 7. 16,851
Refundi g 47,68l 6 60, 0 7,98,391 25,06714
-194-
.
9,704,351 20,93 0 5, 0, 0 2,487,50 2^67 ,460 682,853
5,0 ,0 57,32 813
682,853
New
''•
,
V
'
000
$
Total
62,06. 0 250,6 "08 53,718 29
S
201,4 0 6,450 4
96,37029
416,350
19,580 31,2480
Capital 34,69028 124,~ 1*907 53,0179
-1945
108,4360
Total
i
1,830, 0 35,20 540
32,90 132,50
,80736
00
non
,60
347,892
96,37029
Capitl
Total
436,0 897,360
Refundi g 627,^3520
126,40713
New
'•
Total
82751240,.,154632913
510,8970 146)95, 0 108,2 12 54,0 0
$
Refundi g
—1945
;
-1946 Reiundi g 326,15 42 5876 3, 2 12, 76392
New
32,90 7,680, 0
451,937
20,8170 307,5 0 2,50,0 104,6.0 125,0 .
70 ,0 0
4,350, 0
Refundig 10, 0 15,320 102,43 25 109,6 0
70 ,0
2,60 , 0
$
S
1946
7,250,870
149,6709 19,750
46
70 .0 0
9,08 .10
1,92834;5,6107RbtYGTNAhFOF1t(BpootJuvJ2AearenhcC59Tixrue,nyg0cdadm.ls4rgom.8n,uyfliscpayl*esl?^-—.YJFOMTSEUIAHVALNRERS 43561109,24-853,9,.707.51
YFJOMTEFUIINAVHALRUCSRPGL
Capitl $•'■k:. 184,735 83720. 8 96,025730
?al
Tot
417,502 17809, 65,48290
5, 0 ,0
New
1
Total
s
:■
•
2,30 0 264,730 23,50 0 10,50 2,0 ,0 6,237,2 3,90 , 0
50, 4390 18,650 2 90,14390 10, 0
1,047492835,609959,71734 ITSUCNOONRHGPIEREEAUWFPDI 431218303,,165576,0048267
LAFOGFNCVOREREMDPIGNTA,T,
40 ,0
Refundig 107,856o 10762^10 4,978,50
'
1947
$
Capitl 310,564 7 107 4,80 65,03290
459,38071
135,0. ♦19,03471
147, 35
14,72 35
68,0 0 1,972015 84,69 750
-1348
Refundi g $ 14,57 0
"•
.-4%
Capitl $ 43,8170 150, 0 5,04 0 4,63, 0
OSUMFARY
New
40,374590 18,650. 2 89,61 0 10, 0
Total
714,3852
-1948
k --vs:
150, 0 150, 0
6,90 0 183,50 8,160, 0 109,65 0 1,0 0 5,94,0 35,0 " 0 39,5~4o76
Refundig 1,8340
40 ,0
-
New
•
SatnedsD;vlopm.
2, 05,725
49,30
482,30
184,30795
150, 0 1^0, 0
6,'90 0 8,t6o76o io572 o6 1,0 0 .31,0 39t6o£ 32,*460 43,8170
2,05,725
13,94 528 183,29 80 2,30 0 315, 7390 23,50 0 18,650 62 190,6390 12,0 0 0.237,2 17,84 528
40 ,0 0
2,38,035 2,510,326
1,06210 71,8532 4,785 0 5,6372 ~95~o76
13,54 28
2,30 0 243,6157 23,50 0 187650, 2 145,9081 2,0 0 60 , 0 16,894528
/
172,30
2,731985 9,836,071 6,90 0 185,7 25 8,160 127o3~8,05 3,510,326 5, 94,0 35,0 0 42,~ 1,985
147, 35
147, 35
7)086) 0 14,57 0
5,263:76
$
ACHNARDTE Capitl 18.760
4 ,6536
•:
3,50, 0
$
New
Total 48,390 150. 0 5,045,0 4,79107
*
10,7980
$/;:
$
y
5 (7,0
Refundig 617 34
"491-
7^483,1678 2507 ,0 12,045 0 124,937
New
4.30,5 5,"637)2
60 ,0
Capitl 2,30. 203,89567 23,50. (1 56,2450 2,0 0
39,10 1,463154
123, 625
521,50
-
J-'- -*
60,54302 250, 0 51795,0 135,892501
10,870 176,94.72 2,705,62 3172056 57,8152 15,40 0 6.125,0 508,50 67,08765
508,50
24,6 724 205,6 2 31720,3 5,7507 6,T2~570 65,328765
1,750, 0
Capit l 10,870 152. 0, 2,50,0 2,06,57 15,40 0
124,70
369,0513
New
\
$
2.40,30 2,510,326
7o8_",6o
1,834^0 ~ 54~7 , 35 5,2G376O
2,731,985 9,68 ,3 6 6,90 0 183,92175 57i6o)6 o l7490,3 3,510.326 3 1,0 35)6 76 35,41985
714,235
r note-s _ *•y'/.-X notes note_s __ agencis&. bfinuoctlaydineseRotrcin Notes- etc-. , manufctrig - hoeldtcin.g, Notes- I' _ manufctrig —.L - hoeldticn.g, * etc—. manufctrig . hoeldticng., utinTcZ: manufctrig t,—-\ hoeldticng., - «euritl»—4,653
JOFULY Lbonogan-tnedrmdsShort-emPrefstrocekd stock Lbonogan-tendrmds Prefstorcekd stock Short-emPrefstrocekd stock corpate. toal OFJULY
—. corpat
Corp ate— Domestic— CIan'd;i .— Short-em foreign— Lbonogan-tedrms
ftaCGonverdnmiantInBeraanionk—l orgeoviegrnmnt LGoaavnnd,•Municcpail—tStes,,SPotsaeeisn fdignuroest tBfiooannarkl LBonoga-nTnderdsm Railroads1utiles sccotopeall,,,Eqmuainpufmcternest anodries indausntrdl bueildtncgs, l Ittnrrvaeusdtmsinng,,Miscelanous SBhooarnt-Tdesm Railroads utiles eccsoottpealrl,,, Eqmuaniupfmceenst anordi indausntr<ll -ikw.; bueildtncgs, ttInrrvauesdtsminng,,;Miscelanous Stocks—, utile-s-. sccotopeall,,,Eqmuainpufmcterenst- anodi Indausntrdil : bueildtncgs, tItnrrvauesdtsminng,,Miscelanous ecscootpteall,,,Eqmuainpumfcternest anodies indausntrdl bueildtncgs, —— — Ittnrrvaeusdtsminng,,Miscelan-ous
MONTH
Com on
Com on
4.
,
Com on
Other
'
•
,
Grand
Total
t
Other Farm
United
"These
.
.
MONTH
Tota—l
Public Iron, Motors Other Land, Rub er
Oil
Ship ing
Total
Public Iron, Motors Other - Land, Rub er
Oir
Ship ing
Total
Public Iron, Motors Other, Land, Rub er
Oil
Total-
rotal
Public Iron, Motors Other — Land, Rub er
Oil
Ship ing
Total $
.
■ ■.;■
-194
86,374.0 12,750 1) 264,750 41,0b91o 52. 0
Refundi g 65,803 2 10,75 0 173,09468 3,13,583 31.250
84,01283
21,03.50 259,4 0 23,18640 7,490, 0
v;
1
1
1
Capit l
20,57 968 2,0 ,0 91,58 2 37,93 27 21,0 0
s
New
Total
:
S
.
•
Total
1,23709,46 t21,0350 264, 50 341,97234 21,70 0
1
35,086.17
j
4,730, 0
11,,84062038934
cite Brunswick
tlnocbliguadtfenss NProoevinwfce
-194
10, 01
750, 0C
.A
0 6,480
Total
$
82,96750 946,10 137,20 306.847,120 94,0 0 3,57 0 35,0 0 9,23765 50,1 0
-
96187,02534
6,740, 52 1,987,50
222,,414115,5783079668
593,180 924,750 42,50. 0 tsTHoa 301,950 589.0 ') 20,190 '41, 50 16,"32765 8,562 0 2,6304, 0
2,506: 0
v>:
'
,
:
Total
r
54.025 0 14,92542 9,487,50 178346739 51,27 53 ~ 5"o 7o6 4,527 3
8, 78,3
10,7 024 10,3890
80,30
4,0 0
4,0 0
9,23 ,0
829.137,60 1,05876,31 140,9 0 s7o 7o5 67,01 30
I;
59,276 30 1,837,920 237,50 145,29786 61,4 905 6~50,O0b 37,6 32
16. 237
H-
3,2150
750, .80 1,40571,230 137, 920 "23750 341,250.64 127,4 905 3.09,72 5732,0 64,32.042
*
Capit l $ 79,06 0 9,25,0 1,70 0 10,89438 28,0 0 360,0 8,490.280 i,90 75 5 23,41280 26,0~4298
New
*
4,0 0 80,30 68,245831 3,290, 0 5,0 ,0 360.153,90 94,50 0 147850,926 16,52.37
4,0
Refundi g 749,075 937,850 135,0 195. 2,7 6,0 0 3,2150 26,509720 4,32756 26,8 720
$
-1945
12,04 0 382,17950 10,4 0 132,57491 38,067.14 19,2650 "45,0 0 34,92 75
2,0 ,0
2,0 ,0
,
176,05 0 397,0 42 19,8750 310,923650 89.38,90 19,2650 45,0 0 79,02 08
10,75 0 41,7 950 86,70362 4570 ,0 570267 5
$
New
12,750 48,21 402 1,987,50 18,473650 10,3890 4570 0 1,905,08
2,0 ,0
10, 0 750, 0
Refundi g $ 12,04 0 39,4 0 10,4 0 45,871285 38,06714 19,2650 31,465 0
Capit l 54,0250 8,15,0 7,50,0 74,58715 41,32853 ~5o67o6 35,64970
109,8459 14,20 481,74 1
90".0 0
2,38651,20 4,0 0
50 ,0 0
120,45.0 79,20 0 19,2650 67,15.0
■- 16,05 0 348,129Own 17.90,
$
'-
r
}
'
'*<-
•
,
'
8,96 01 1,452,08 4,76250 214,856042 3,058 95 87350,926 78,9250
79,06 0 18,94601 3.152,08 ♦."76250 325,7039 61,058 95 360. 0 16,841208 4.90,0 102,38 5
36,72436 26,1562 907l65 9 650,98713 35,9085 6,502,50 1,6 .930 1,02 801 1,92 73 23,40195
593,18.0 1,26397,46 68,5 62 1027fi65~B9 953.42,13 624,80 5 26,1.50 53,061430 1.021.801 28.06173 32.09,65
v
v
5067 0
r
125,0
3.125,0
■
*
305,7246 3815,2470.69
JTNYBb$&tRr1iupo2h5nF,0dcCeayg.slUSMrf-vFY3U&OIVAL1RES
JMEF3YUONIDVAL1TRHSS
f
r"
7,50 , 0
12 ,20 ,
t
Capit l 540,67294 1,01,0 438,56710 48,97645
39 ,0 0
s
2,387 9,872 63,250 61, 6372 ,21856
"Total
Refundi g 71,4708 3,25,0 197, 8352 31,590 57
545,2,91708,500
3213,,,630,94151944875221896070 641,,50,232,8767295184730149901306
Capit l
1,6532,794 BO.690 413.8 ,02 40,62879
Total
6.239~405 ,19 ,187
20,15279
-1948
Refundig
Capit l 2,795 1,62
New
1947
56,0 0
610,290 *1,79806472
40 ,0 0
56,0 0
258,730 1,69 .584
GROUPIN
3,750, 0
CAHARNTDE
«T-
50 ,0 0
,
20 ,0 0
$
Capit l 125,370 805,2 975 2,0.' 20^30, 396,035 102,850 8.250, 0 40, .0
Total
*?'■
$
81, 7895 20,53 62 897352*,91 481,6794 ,241580 "6,502 0 9,27,3 1,021,801 9,60 12 207,9 273
1,0 1,0
3,0 5,0 3,2 5,0
4,05 ,0
1,605429
36,84t>0 1,460731,40 36,50 0 8,160, 0 10, 0 57.61,50 273,0 •31,8 0 14,30 0 35,0 0
15,0 0
59,675,0 63,925.0 31,53913 18,710, 2 432,09843 36,93,67 3,20 , 0 2,0 .0 8,25 10
47650, 0
-
90,143014
Capit l
New
2,864912
10,253 17
56,40. 60,9.0 124,036 18,70 2 403,5648 36,9367 3,20,0 1,291.07 78,01783
10 ,0 0
1,30 , 0 1.40 , 0
23,5 962 10,738 0 150,31 7 142,50714
268,370 3,06279
324,6170 1,38260,71 30. ,0 8,160, 0 10, 0 538, 4350 25. 0 15,27 0 14,30 0 35,0 0 251,80 6
708,930
1897502,7 28,903785
4,7 0.736
Refundi g 42, 90 78,41 29 6,50,0 18,07150 21.075,0 16,530 16,570 20,15279
$
1948
*
Refundi g 24,30 0 584, 0 75 3,0 ,0 94,50195 3,945,0 38,4 32 25,0 0 3,10 ,986 76.25,78
New
273~i9,57 27~6lT,725 25,49 2
254,839541 5,625,0 "¥127 18 169,30769 10,9750
'•
" So io o
$
4.150, 0
351,9 0 19,836 8 583,21759
21,645871
■
'
10,273497 82,1 0 250, 0 30, 0 109.27,0 1,45 73,26 23,0 0
1,40 , 0 31,78 13 304,12690 1,20 0
10 ,0
1,30
—
10,80
596,516
6,093, 40
11,674327509,56098^42 231,692415,30448,795201368571299.78.
561,9 0 96,87135 30,6250 ^rsTain 367.1,697 527.43,27 15.30 2,819,57 ilj501.725 48, 549
31.203 0 267,09 31 38,0 62 10785691 5>-.825416 97,14 23 1,302.50 50,24183 1,02 81 16,50 12 73,64216
-S.
v
149.670, 1,70346,13 27,0 ,0 42,01 02 927,5034 143, .67 49,78.32 65,0 ,0 2,60^.60 241,801
24,30. 0 74,1285 3,0 ,0 123,49 580 3,945,0 38,4 32 25,0 0 708.930 16,390 3
289,43965320,71
125,370 92,317. 27,0 0 397di~0,62 804,5673 139. 8,67 1,450. 40, 0 .172530 24,789. 7
36,8460 1,68435, 2 47,238 0 8.160. 0 10, 0 70,92671 45,807.14 31,84 0 14,30 0 0 .0 10, .0 361,89327
6269,53,41\39
36
V
•
42, 90 83,21 865 6,50,0 24,90 490 21,075.0 16,530 17,6 516
1,430592
10,80
218,79326 10,7380 14,23781 42.507,14 10, 0 91,62756 617,94053 324,6170 1,60 53,497 40,7380 8,160, 0 10, .0 683,09218 394.72,140 15,28.0 14,30 0 35.0 ,0 10, 0 34.726,5
1,40 , 0
t
3,48-10567
JE3NUDL1Y naoteds «. — -.^anoteds . -— naonteds. -— ~ corpate.— Governmt.IBntearanionklforgeoveirgnmntGaanvd,sM&uniccpailt—Se.tses,,SPotaeins fIdfniugnculorodessteEMPdraamovonnirnntcdel§UStthniteeesd. ME3JNOUND1LTHYSLBNonoaogn-Ttdeersm utiles cceooptalr,,manuf acesori inmdaaunsnuftrcdtrlig beuildtncgs,; ;httroraeulddtsicng.,,Miscelan—ous BNootanesd-s utiles- ecc4ootpalr,,manuft aceso-ri inmdaaunsnuftrcdtrlig bueiltdcngs^ -Ahttroerauldtscin.g,,Miscelanous utiles cceooptalr,,manuf acesori indmauansnutfrcdtlrig bueildtncgs, —httroreauldtsicng.,,,Miscelanous —. utiles cceooptalr,,manuf aceso_ri indamuansnutfrdctlrig bueildt;cng.s, —.thtrroeaulddstiicnngg.,,,M"iscelano-us csoercpuriatte
MONTHSCorpa-te-— Domestic- Lboongn-tdersm Snort-em Prefstorcekd Comstocokn "'Candi— Lboongn-tdersm PresftorckedComstocokn foreign- Lboongn-tdersm Short-em Presftorcekd Comstocokn
Other
T
'
r.
.Short-em
CORPATE,
39 ,0 0
2,9506,9 1.40.0 320, 6538 09,31807 1.20, 0
New
SOUM FARY
83,0 0 26,4150 31,703617 29,0 0
$
2,08976
$
2,14,0
r
149,670 1,389721,05 27,0 0 23,0,0 491, 05 106,75 0 46,59832 65,0 ,0 93,250, 0 2,39 7 ,82
Total
10,273,497 182.1,0 250, 0 13,0 0 35,68 0 1,483 0,943 52,0 0
2,563748 53,19607842 ONCITUOFSMSTERENOPNHHFIVDWAEAERD
FGFLOAMOFVTSURIENEEROAHINCVGMDPNRGT,
3,4810567 5,428 bSfoFGtrtmaaOoehouJvntdg1iicnyrepnue9mxldscaeyls4aldy.8BsNU,SIPcMbQwipfikfsbIfRD'ro*-tl^dn
-1947
50,0 0
Capitl 31,203 0 184,72406 17,50 0 12,50 0 103,645.92 72,31573 4,80,0 40,9450 i79~0(),0 65, 9873 540,67294 436,0 ■ _
New
-
2,064,0
$
-1946
73,4150 578,1 860
90, 7841,0-
New
Refundi g 561,950 739, 2594 25.0 ,0 198,30 58 516.78,42 15,309 50 ,0 9723765 2,90267
-V
489,305 137,8 30
lof,50
$
■;'*
Total
Can dian
S
Loan
Other farm
toal •These in
Grand
of
United
placed
7
V
-
;
Railroad.s ste l, Equipment and
Public Iron, Motors Other Land, Rub er Ship ing
Investmn
Short-Tem Ra;ilroads Public ste l, Equipment Maotnords
Iron,
Other Land,
Oil
Stocks-
Ship ing Investmn Total Railroa—ds ste l,Equipment and
«•
Public Iron, Motors Other Oil'-, Land, Rub er Ship ing
Investmn
Total
Total- Railroads Public Irsoten,l, Equipment Maontodrs Other
:
Land, Rub er Ship ing
Investmn
ToUt.1
v
*
7,
stock of
and int.
1973.
Purpose, purchase of additional
subsidiaries, business needs, etc.
Pr.ce, l0l.7t>9
Offered by Blyth St Co., Inc. v
'
vi
•
.*
July
1,
■'
due
'
■
;
/
•
.
loans.
<
-
Mullaney,
Co.;
At
/•-•■/■./--■'■■-■v'V/
& Co.
Wood
F.
Harold
Jersey Bell Telephone Co. 40-yeor 3'/s% debentures,
due July 15, 1988.
Purpose, repay advance to American
Telephone & Telegraph Co., expansion, etc.
Price, 103 Ya
and int.
Offered by Halsey, Stuart Ac Co. Inc.; Almstedt
Brothers; Arnhold and S. Beichroeder, Inc.; Auchincloss,
55,000,000 New
Redpath; Bacon, Whipple & Co.; Baker, .Watts Si
Co.; Ball, Burge & Kraus; George K. Baum & Co.; Bear,
Stearns Sr. Co.: A. O
Be^k^r Sr Co
lac ; Bla'r fit Co.. Inc.;
Stockton Broome & Co.; Burnham As Co.; Burr Ac Co., Inc.; H.
M. Byllesby Ac Co. (Inc.); Byrd-Brothers; C. F. Cassell Ac Co.,
'
'
.
Parker &
■■
♦
.
j
,
<
-
Inc.; City Securities Corp.; ClAyton Securities Corp.; Cof¬
fin & Burr, Inc.; Cohu & Co.; C. C. Collings
& Co., Inc.;
Cooley & Co.; «. K. Cunningham & Co., Inc.; Henry Dahlberg & Co.; Dempsey & Co.; Dick & Merle-Smith; E. .S..
i
i
Dickson & Co., Inc.;,Dittmar'& Co.; Equitable Securities
! ;
Corp.; Este At Co.; Fauset, Steele & Co.; M. M. Freeman At
;
1 ;
Co., Inc.; Graham, Parsons At Co.; Green, Ellis & Ander¬
son; Gregory & Son, Inc.; Hallgarten & Cp.; Ira Haupt &
v f
Co.; Hayden, Stone At Co.; Heller,, Bruce & Co.; Hill & Co.;
I yj ;
Hirsch & Co.; R. H Johnson & Co.; Johnson, Lane, Space
& Co., Inc.;
A. M. Kidder & Co.; John Kormendi Co.;
Martin, Burns Ac Corbett, Inc.; Mason-Hagan, Inc.; A. E.,
7.
v
v
Masten & Co.; Milhous, Martin At Co.; E. W.Ac-R. C. Miller Ac
»7f;77:7*::7 Co.; The Milwaukee Co.; Minsch, Monell & Co.; Mullaney,
<
Wells & Co.; Nashville Securities Co.;'Alfred O'Gara & Co.;
Otis & Co.; Roger S. Palmer Co.; Patterson, Copeland &
,-i
(
Kendall, Inc.; Wm. E. Pollock & Co., Inc.; R&ffen$pergcr,'
j
Hughes & Co., Inc.; Julius A. Rippel, Inc.; The Robinson-
]
j
;•
'
■
)
r.
-
-
•
;
v
'
;
Humphrey Co.; Salomon Bros, & Hutzler;
<
1
'
Weil &
Arnold;
Werthcim
{
facilities.
new
At
Co.
Price,
Inc.
101%
'
and
Telephone &
bonds, 3%% series A. due July
sion, etc.
Placed privately.
,10,000,000 Northern States Power
series
due
Price,
1973.
Weld
'
■
C.
MANUFACTURERS
American
Transportation
certificates, series 43,
trust
July
■"''■J
1963.
1.
privately by
Purpose,
Kuhn,
Ac
,1963.
Purpose;
vately with
>
■
*1,500,000 Arundel
general
Prudential
Corp.
maturing
of
with
equipment.
due
ing
Metropolitan
Co.
\Vi%
corporate
Life
due
Placed
purposes.
to
panies.
25,000 Plymouth
due
July
Ameriorf
of
1,
privately
1st
$39,540,000
&
CO,
Cigar
3j,000,000 International
July
«
1,
'
1968.
j-i
expansion
Corp.
working
capital.
3%
note,
due
July
and
modernization.
Insurance Co.
Life
..
.
*2,000,000 Motorola,
" '
3%
notes
Sold
Inc.,
3!/a %
1,
ance
ferred
I
due
Placed:
Purpose,
\
.
■
-
Mutual
Life
Insurance
:
•
capital.
;v
Co.
-*2)300,000 (John B.) Stetson
Co.
repay
bank
loan,
with penn Mutual
♦1,500,000 Thermoid
privately1
Co.
.
and
'
•v'
3'/a%-3%%
7
'
Insurance
$1).
,
Co.;
Robert
W.
Baird
&
&
watts & Co.; Baker, Weeks & Harden;
-v.
Kraus;
J.
Stearns &
Barth
Co.;
&
A.
Co.;
G.
Inc.,;
Ball,
F.
W.
& Co..
^
E.
<
Sherrerd;
Republic Co.
J.
-
W.
Clark
*-,
<
M.
Co.;
Dominick
duPont &
.
Byllesby
&
Co.
(Inc.);
Central
Clark, Dodge & Co ;
Chaplin & Co.;
Julien
Collins
&
,Co.;
Courts
Co.;
&
Dominick;
Eastman,
Dillon
Drexel
&
Co.;
&
Co.;
7
.
147,735
&
Co.;
&
I
j
A.
L.
Ac
Co.,
Ac
Co.;
Corbett.
;
;
Inc.;
of
f1
1- 7
.
y
''
T.
H.
M.
C.
Bradford
stock
(par
capital.
Ac
Co.;
Moore
Ac
At
7:^/7;feld Co.
247,800 Masco
per
:
stock
;,,.
'
share.
Ipir
■!
,
v
preferred stock
for
purchase
of
}■
Purpose,
Co.
30.0C0
of
com¬
Offered by
$180\\
shares
Offered
cumulative parPrice, par. Offered
5%
of
$10).
ipar
of com¬
shares
share.
per
Inc.*
of
56,000 shares
common
Minton
At
Co.,
Inc.
shares of common stock (par
share.
Offered
bv
Lehman
Lerchen At Co.; Auchincloss. Parker
140.000
per
-Burnham
Co.;
At
McCarty
Campbell,
Ac
Glore,
At Co.;
Forgan At Co.; Goldman,
Graham. Parsons & Co.;
Sachs
Gran¬
At
McCormick
Kebbon,
Rboades
Loeb.
Marshall
At
At
At
Lee
Co.;
Co.;
M.
A.
Higginson Corp.;
Manley At Co.;
At Co.; Moore,
McDonald-Moore
Co.;
7'■ '.
Co.
(par $15).
common
share.
<
:
t
v.-
:
I
sliares
141,600
pf
Co.;
At
'
Jaffray
Piper,
Co.;
I.
Gardner;
At
Curtis;
At
At
Simon
M.
Win.
C.
Hopwood;
Roney
Barney
Co.;
At
.
'■
Co.;
At
■
..
Stein
Brrs.
<
.
...
"-I
Corp.
Ccrp.
5,000
share.
per
Inc.,
Simonds &
10.000
Co.
'
'
*
}
-
Paper Co. 5.717 shares of common sto"k
(par $10).
Pr'ce. $36.50 per share. - Offered by Blyth & Co.. Inc.
60,000 Schjvitzer-Cummins
Co.
3,000 shares of .$%%
class
7
r
cumulative
preferred
stqck
(par
$20).
; Price.
$17.75
A
per
V :7
share.
Offered by Paul H. Davis & Co. ^
5,572,715 Shamrock Oil & Gas Corp. 163,303 shares of capital stock
common
shares
*
208,670 Riekel
1 j-j
;
work:ng
Jackson
Webber,
Paine,
Reinhoidt
of common stock
(no part.
Price,
Offered by Francis I. du Pont At Co.
shares of common stock
(oar $1).
Price,.$3.12Va per share.
Placed privately through Baker,
'$34
l
f
1
pi
Lynch;
Parcells At
Co ;
Shields
*31,250 Plywood.
7
Of¬
cqu'omeht,
fir
1170,000 McCall
7:77-7 71:
f\
.
;
7.." \
common
-
'
-..
working capital. : Price, <par.'
.T:.;./;;777'.'..,':-:-7
Price. $34,125 per shave.'
Corp.;
Eastman.
Dillon
Offered by The First
Kidder. Peabody &
& Co%
Lynch, Pierce,Fenper & Beane;
Stone As
Webster Securities Corp.; White, Weld At Co.; Clark, Dodge
'
Purpose, reimburse company
Price, $25 per share.
(par $1).
Boston
-7 7 (Co.;
,
•
shares.
loans,
A:
A.
of Del.
29,400 shares of common stock
Price, $8.50 per share. Offered by Lee Higgin7- '.-.v.7;
' son Corp.
7
7>
'/^■•77%7;7::7:77--'
7 102,500 Line Material Co. ,5^00 shares of capital stock 'par $5),
7
Price, $20.50 per share.
Offered by The Milwaukee Co. /
Offered by Henry P. Rosen-
Offered by City Securities Corp.
$2,388,035
shares
share.
per
,(par $5).
j
,
pay
10,000
$15
&
Sills,
and
Co.
Corp.;
249,900 Lamson
,
Offered by Newhard, Cook & Co.; L M. S mon & Co.; Stix
& Co., and McCourtney-Breckenridge & Co.
252,500 Tanner & Co. 2,525 shares of 5Vi% preferred, sto-k (oar
$100).
York
Price,
$35.25
Scribner; Bmith,
At CO.
j'--1.;-'
Inc.; .Mullaney..
per
s
-
Co.; Crowell,
Martin,
Burns
&
'
1
Corp.,
M.
Co.;
-At
Ac'Co.-4Inc.);
(par $1).
Purpose, retire loan, working capital.
Price, $1.75 per share.
Offered for subscription by stock.77^
holders.
■'7f; { ;7r-;:.-.7"
7-7'--.:7";-.:.7-7- 777"7% :■**/'
i 7
180,000 Reardon Co. 12,000 shares of $1.50 dividend cumulative
'
Whipple
Bacon,
*
stock
1
and
At
Singer, Deane,
At Boyce;
7 ; Strauss At Blosser; Spencer Trask At Co.; Tucker, Anthony
7;
& Co.; White, Weld At Co.; Whiting, Weeks At Stubbs,
^
and Dean Witter At Co.
39,000 -Lakeside
Laboratories,
Inc.,
6,000
shares of
common
,7stoc.k (par $1).
Price, $6.50 per share.
Offered by Loewi
"
•
Products
Lynch,
Securities
Co.;
Hallgarten
At
Co.;
Harriman
Inc.;
Hayden,
Stone
At Co.;
J.
J. B.
At Son; Hornblower At Weeks; Edward D. Jones
Charles
/
capital,
-'i':'1 -7;
Screw
Lazard
Corp.;
Merrell
Co.;
Co.;. Union
Price, $7.50 per share. Offered by George
Ames, Emerich At Co., Inc.; Buckley
Goodbody
Co.;
Carl
Ac
Co;,
Corp. 300.000
Purpose, additional
lOci.
Price, $1
Co.;
Hilliard
j Purpose,
Price, par.
working
Bvllesby
300,000 International Television
7;
At
Putnam
.common,
Price, $3.50
by stockholders.
.t-
Nemours
Watling,
Maxwell.
refunding.
''7
At
Co.;
Marache
Ripley
At Co.,
Stamping & Manufacturing C01 150,00ft shares
of common stock (par $1).
Purpose, construction and
additions. Pricp, $1 per shared Offered by; Baker, Simonds'
-■ - "
Co.
Price,
Ripley "At Co.,
Paul H. Davis At Co.; Dixon, Bretscher, Noonan,
Dominick At Dominick; Doolittle At Co.;
First of
bery,
,
& Co.
.tv
New
Price,
S20i.
At
Kresgc
Michigan
-
byy
Ac
subscription
of
Organization,
Redpath;
Inc.;
(
machinery,
Cruttenden
Purpose,
At
stock (no part*
com.
Co., Inc.;
by
Co.;
for
de
Price,
Leonard
J.
Berwyn
Co.
$2.50).
(par $1).
S.)
At
Co.; William R. Staats Co.: Van Alystyne, Noel j
Dempsey Ac Co.; A. G. Edwards Ac Sons; Herrick,
Waddell Ac Reed, Inc.; Hickey Ac Co., Inc.; Mason, Moran
& Co.; p'Nqal. Alden Ac Co., Inc.; Wilson-Trinkle CO.,
and Holton.
Herrington, Farra Co.
7
Globe-Wernicke Co. 42:210 shares of common stock (par
&
$10).
(par
Moseley
S.
by Harriman
The First Boston
preferred stock
Brothers;
MANUFACTURING
Inc.;
Co.;
York,
'
AND
purcha-e
Ac
Lyons
Pur-r
($105,000).
New
Corp.
(par
McDowell
(S.
extensions,
subscription
$50).
(par
F.
Beane; Shields At
Hall At Co.
(Inc.),
duPont
stock
Stock
common*
subscribed. for
company.
by
At
(par
Higginson
ticipating
'
i.
150,000 Industrial
Co.;
Ripley & Co., Inc.; Harris, Hall & Co. (Inc.) ;
Hayden, Miller & Co.; Haydeh, Stone & Co.;
Hemphill
Noyes & Co.; Henry Herrman & Co.; J. J. B.
Hilliard
«
Son;
Hirsch' &
Co.; Hornblower & Weeks;
W. E.
Yantis
S.
fered
Merle-
^
•
Equitable Securities Corp.;
Fahey, dark & Co.; Farwell, Chapman
Co.; Fauset, Steele & Co.; Field, Richards &
Co.; The
First Boston Corp.; The First
Cleveland Corp.; First of
Michigan Corp.; Glore, Forgan & Co.; Glover & MacGregor, Inc.; Goldman, Sachs & Co.;
Graham, Parsons
& Co.; Granbery, Marache &
,Co.; Grubbs, Scott & Co.,
Inc.; Hallgarten &
Co.:
H».l.'owell, Sulzberger & Co.:
Harriman
stock
1940.
stork
common
Co., Inc.;
Smith.
Barney
'
'i
f
Purpose,
$3.50).
Skaggs
Francis
Elworthy
for
those
Wood & Co.
INDUSTRIAL
Wells
,
Inc.; Boettcher
Co.;
.
.
&
&
^
•
Baker,'
wlX?£luU 5 &
Pe^en
Estabrook
-
>. 7
Bacon,
Burge
Curtiss, House & Co.; J. M. Daiq & Co.; Davis.
^
Dewar. Richardson & Pancoast; Dick &
Smith;
,
H.
(Inc.);
&
.
,
Bosworth, Sullivan & Co.;. H. F. Boynton & Co.,
Inc.; Mex. Brown & Sons;
Br;ush, Slocumb & Co.; Butcher
-
by Wright,
Weedon
Eichler & Co.; Bear
Co.,'Inc.; Biddle, Whelen
&
pre-
stock are
of
additions,
constituent
■
by Slayton & Co.
,
Bgteman,
Becker &
^ S0'* ®lair ^Co" Inc-: B1yfch
Co.;
1
klima;
Co.,:
7
.7
'
due July 1, 1973.
Purpose, prepayment of
Price, 101 and int.
Offered by Kuhn, Loeb,
A. C. Allyn & Co., Inc.; American Securities
Corp.;
&
preferred
"
,/>r-
consolidated
1.55%
Offered
Supply
fhock
Lee
420,000 Kent-Moore
.
Co.
9* Applegate; Arthurs, Lestrange
shares
Offered
are
and
Co.
$10).
8.125
of
Offered
by Smith. Barney At Co.
100,000 Irwin-Phillips Co. TIO.OOO
,
7
loans.
Whipple
share.
of
Co.;
Harris,
mon
btc.: jPrloe, $1 per share.
Dfferedi by. John iG,-Perry
7i ; '».«■ Ac Co.;7^777::;7-7^^:.-)*-7:7777:7;7'"7''i;'v:'7'7
7-'-''7:71-'7 ■
j 1,000,000 General- Plywood Corp. :50.p00 shares,,of Wi cumulative
I
71
>
convertibler preferred
dto*k
(par $20):
Purpo^ qpn•
•
? struction of -plant, etc.1 Price, par and div.
Offered by
%
Purpose,;
(convertible),
^
At
Securities
Purpose,
shares
stock
of
«
_
bank
Blyth At
Fenner
At
>7
$110,000 (D. N.) Berry Co/'llO.OOO shares of
10-year 5% 2nd mtge. bonds, due June 1 '
1958., Purpose,
repayment
of
loans.
Placed
privately
witn Massachusetts Mutual Life Insurance Co.
'yvv-yv:
30,000,000 Westinghouse Electric Corp. 2.65%
25-year debentures
& Co.;
while
par,
Banks
shares
share.
share.
Corp.;
'r
all classes of common
'
privatelv
Co.
Inc.;
FrefCfe
parent American Telephone & Telegraph Co.).
Suburban Transportation
Co. 6,000 "hares
cumulative
OTHER
Life
*
'
than
5%
Offered
!
per
(above
$2,205,7-25
:
etc.
Placed
* i
r
7
T;
7
Massachusetts
of
acquisition
/
Stroud
Mututal
100
300,000 Philadelphia
-
15-year loan.
improvements,
Life
with
Connecticut
Price,
others
Insur-
r:
Insurance
at
Credit
4,000
per
Pierce.
convert'ble
,
Co.
per
'
.7.;
UTILITIES
$100).
(par
stockholders
notes, due serially to July 1
1963
certain
other
obligations
and
Placed
stoc-k
mon
f:}'■
.....
Co.;
cumulative
Aug. 2, 1948, due May 2,
($20,000,000);
new
money
Offered
by
Charles R.
Dunn,
$53 Va
$38%
•
per
.
of
At
,v
i1-.
7%
Inc.,
taken
Co.
shares
9,718,750 Deere & Co. 250,000 shares of
/
Electric
Hampton
;:
6%
t
„
Co.,
&
agent.
Price,
5,935,000
&
<
Sheldon
Dalton
Best
dated
t$213,000 Acme Steel
'
increase
through
value and
PUBLIC
-
C.
Issues Nut Bepresentingr New Financing
,
.
(par $20).
Purpose, corporate purposes.
Price, $33
share.
Offered for subscription by stockholders.
1,637,600 Pacific Telephone A: Telegraph Co. 16,376 shares of com-
retirement' of
workihg
■
privately
par
•
A.
? •'
Purpose, construct warehouse,
Offered by R. S. Dickson Co.
•
mon
value are
par
/•
2,500
Intermediate
par.
-•
.
stock
'
plant'
-t
no
.
etc.
Purpose,
Placed privately with Prudential
.Co.'-of,-America..tV-n-a •
*1,700,000 Rome Cable Corp. V,i
stocks of
'■ '
'
$268,125 Exeter
privately
Purpose,
stated
a
A.
$50).
(par
.
Co.;
refunding
fiscal
„
subordinated note.
Placed privately with
7 ; 7: /' ^
,
computed at their offering prices.)
privately with New
loan.
„
$1357105,000
(Issues Maturing
•.
«
G.
Bingham,
Co.; Gardner F,
At
•
Corp.
.
Rrioe.
''
*1,000,000 Penn Dairies, Inc., 1st mtge. i% sinking fund
bonds, due>
June
1, 1963.
Purpose, refunding ($400,000); corporate;
■
Co., Inc.
by-'
Co.;
Milwaukee
1949..
Fn.roose
refunding
($48.1*00.000);' new
money
($67,000,000).
Price, par. Offered by Everett Smith, New
York, fiscal agent. 7 : 7* «
* "
'
-
(Preferred stocks of
y
,
15-year
purposes
($600,0003.
& Co., Inc.-:;'
&
cor¬
Offered
dividend.
The
com-
STOCKS
•
;
1968.
Placed
7 ;
pose,
trust certificates, series B, due Aug. 1, 1951.
pay for aircraft, etc.
Price, par.
Offered by
Purpose,
Riley
Price, par.
debentures,
vrv>'-;.,y
Lines,
Cargo
Co.:
stock
20,105,000 Federal
equipment
,
Gearhart
V-/
working capital.
■
.
,
•
,
,
Air
Inc.;
cumu-
general
Purpose,
and
par
Co.,
Webber,: Jackson At Curtis;
office, etc.
,
5,407,500 (E. .1.
Brothers.
Machines
Purpose,
2,500,000 McCall Corp.
7
MISCELLANEOUS
Caribbean
$100).
Radio
150,000 Dentists'
Notes
(par
Price,
Charles Gerlach At Co.
7"
•
Bonds and
stock
of 4%%
$115,000,000 Federal Home'Loan Banks consolidated non-callable notes,
1.65%
series C-1949, dated July 22,
1948, due July 22,
purposes.,. Placed .privately with Mutual
,
15,000 shares
Bra tin, Monroe and
Marshall
Up to and Including Five Years),
-,i
Prudential Insurance Co. of America.
York
'': '
;
$150,000 Trans
notes,'
Business
3%
Inc.,
&
i>eaa
St StubbSi And
Co.,
Farm Loan and Government Agency Issues
10-year income bonds,
capital.
Price, 100.
?, \ ■'<
;
7
6-year notes./ Purpose.
Insurance Co," of New York.
privately through Kuhn, Loeb
Goldman, Sachs & Co., and Lehman
«««
<»o\pprate
Corp.
Co.;
$2,731,985 i
Inc.;
Co.; vino,3xk%.
promissory1
ilu?
Purpose, pay current borrowings.
Placed
Metropolitan Life Insurance Co. through
July 1, 1963.
privately with
n
*0
Placed
\'-"-yvV
*8,000,000 General
*nr
1958.
Paine,
The
,
v
3%
purposes.
.
Aoceptance
Short-Term
sink¬
corporate
Dovenmuehle,
insurance
two
Purpose, general corporate purposes^
;'Investors Syndicate of Minneapolis.)
,
'
i
Baker,
4%"%
Purpose
through
u
Purpose,
corporate
At
preferred
Purpose, working
Virginia Securities Co.
general
.
■
-
7 ■'
debentures,
fund
.
Finance Co. 4V2%
( Va.)
June,
Life
..
;
'
'
notes, due July 1, 1968. Purpose,
,
Plant expansion.
Placed privately with Metropolitan Life
7, • ~
Insurance Co. through The First Boston Corp.
10,000,000 Diamond Match Co. 3 % notes, due
May 1, 1968.
Co.
'
;
-
/
f
*5)00,000 Standards,Factorsf'Corp.. 10-year 41/#%
*
mtge.
1958.
'
i
■
■
Purpose
through
r.
Inc.,
July
"A
pri*
through
Placed(privately
Co.
y.
•.
,
Securltii&i,
*2,500,000
1,
>41958.
•
,
•
Alkali
Co.;
series B,y
101 and 7
, • 1 >
..
Offered by
Placed
purposes.
Co.
-
s; Charles
-
sinking
with
Price,
| Becker At Coi, Inc.; -Central Republic Co. (Luc.); Loewi Si
short-term bank loans. * Price, •
privately
&
porate purposes.
Robert W. Baird
:
int., Placed privately with Equitable Life .Assur¬
ance Society pf the United States and New York.Jdfe In¬
surance Co.
»
'
»
'
Placed
C<L',t^ Whining/ Weejcs
Schuster
latiVe preferred
1
and
($1,420,000).
Placed
:
d&C
note,
Insurance
Specialties,
bonds,
.9:? ;i | Whtte; jW^ljd jAt
...h'7' Witter & Co.'
1,500^)00 (Ed.)
*8,500,000 Pacific Finance Corp. of Calif. 10->year 37/fl% subordinated.
notes.
Purpose, refunding ($7,080,0001; capital purposes'
equip¬
-'^yyy
"
Machine
fund
y
Chicago.
*10,000,000 Diamond
.
Corp.
repay
commpn
:
125,000 Southern
..
3%
Finance
Purpose,
1964.
par
,
;
;
3%%
Watts Ac Co.
♦i;750,000 Dandy
:
'i MISCELLANEOUS
7
Price,
stockholders.
stock (par
$35.25
by
subscription
sliares of
corporate purposes.
Leonard & Lynch; Paine, Webber, Jackson & Curt
.......
.7'.,'
.
for
27,955
general
■' (
common
.
Ohio
*25,000,000 Household
,:j
quarterly
Co.
Insurance
'
.
7-v:
2-3V»%
notes, due June 1,
pay current bank loans, working capital.
Si,'
■)'
,
Offered
Co.
Purpose,
.7'-.:
■
,
of
increase working capital.
Purpose,
part.
■
j
shares
2,677
A. Parcells & Co.; Piper, Jafiray & Hopwood; Putnam &
Co.;. Rejnho'-dt & Gardner; Wm. C. Roney & Co.; Shields &
7:77:7/ 7. Company; I.-M. S|mon At Co.; Singer, Deane & Scribner;
:r.7 ■ Sm th, Barney & Co.; Stein 3ros. & Boyce; Strauss &
7 Blosser; Spencer Trask & Co.; Tucker,
Anthony At Co.;
Distributing Co. 5% sinking fund deben- tures due 1959 (with stock purchase warrants).
Purpose,>
1
' 1 ' working' capital, etc.
Price, 100. Offered by The Ohio Co..
*3,000,000 Dayton Co. 2%%
promissory rnote, due Jan. 31, 1963.
Purpose, corporate purposes.
Placed privately through
Goldman Sachs & Co. and Piper, Jaffray & Hop wood.
7
>
MANUFACTURING-/.*1'
Goldman, Sachs & Co,
■
7--
Corp,
purchase
Loeb
OTHER INDUSTRIAL AND
*$2,700,000 American Maize-Products
y
.
'
'£■ ,'r
Ga.
7>'
Hospital,^
,
ment
.
SIIIPPPING
,
$lU'JtbbO,Uud
.EQUIPMENT
^
j
,
1st mtge. bonds, due 1973. Purrefunding.
Sold
privately to Northern Insurance
through Creston H. Funk ,Ac Co. of San Antonio, and.
W. McNear & Co. of Chicago.
$0,160,000 General
.
Ships, Inc., 3%-5% sinking ,fund collateral .bonds.
Purpose,
construct oil tankers.
Placed privately withy
MetropolitanjLife Insurance Co.:.
,:;
'
pose,
Co.
s
r
of
<
.
/<
-
Co.
;
Parsons Ac Co.; G(ranbery, Marache Ac Co.; Hallgarten Ac
7
i
Co.; Harr.man R.pley & Co., Inc.; Hayden, Stone & Co.;.
•„»'{ j. j. b. Hiliiard & Son; Hornblower & Weeks; Edward D.
Jones & Co.;
Kebbon, McCormick & Co.; ^ee Higginson
7 i Corp.; Carl M. Loeb, R'nqades & Co.; M. A. Manley & Co.;
Maxwell, Marshall & Co.; McDonald-Moore & Co.; Moore,
•
•
*1,750,000 Texas Bower Corp. 3%%
yy
'
v,:.
.
1, 1978.
Purpose, capital .requirements.'
and int.
Offered by Merrill Lynch,- Pierce;
Beane; Kidder,
Peabody Ac Co.,
and White
Co.
-
-
77
* "
7. '
:
Dixcn Bretscher Noonan.
Inc.;
Dominick
&
Dominick;
Doolittle & Co.; F.rst of Michigan Corp.; Glore, Forgan &
Co.;
Goldman. Sachs & Co.; Goodbody Si Co.; Graham,
7
.
bonds,
mtge.
/.
f'
7
7.
.
j per share,
onered by Lehman Brothers; Watling. Lerchen
777';-: & Co.; Auchincloss, Parker & Redpath; Burnham and Com- >
' 7' 1 pany; Campbell, McCarty Ac Co., Inc.; Paul H. Davis & Co.;
i.
j
S.)
$10).
7;
;
7
:
r .7 i,
Discount
share.
Rresge
per
1,045,414 ,(S>.
7
(par
Price
development work.
and
$2.50 per share.
Oifered: Subscription
(37,353 -shares), $93,382; sold to public
MISCELLANEOUS
$23
%
\
explorat.on
v-/:;:
.'7/ ;
stock '(no
•
common
Offered by F. Eberstadt
share.
150,000 shares of common stock
Inc.,
Stockholders
$61,571 American
"
ETC.
Offered by B. C. Ziegler Ac Co.
$15,000 Central
1st
/
Co.,
:
:
44,009 shares Oi
Corp.
per
000 shares), $125,000.
(
"$35,000,000 Field
Purpose, expan¬
3%
£ \
v
Price, $10
Purpose,
$2,510,326
;
PurPrice,
Inc.
] (62,647 shares). $164,444; sold to officers and others (50,-
/
7/7j; :-'.;
.r'-v';""h'/S.
7/,;
-v
(
BUILDINGS,
LAND,
Co.
int.
:
$5,594,000
July
&
&
j
;
1st mtge.
Co.
by
17:7;:/
.
Halsey,
by
: ;
;
,
v
;
...
331,000 Little Company of Mary—Little Company of Mary
Chicago, 3Va%
1st mtge. sinking lund bonds,
:
;
; due April 1, tl962.
Purpose, construction. Price,
t
101.59
Fenper
;
-
1,
(Minn.)
Co.
Offered
int.
/
Telegraph
*
,
Carolina
&
'
>
ance
;
,
Stuart
'
a,-
,
25c).
Of 69&
-
(par $12.50).
stock
Purpose, acqu sition of stocks 0; constituent
par).
j
shares
135,000
Corp.
prc.errtu
Offered by F. Eberstadt & Co.,
(iipprox mately),
Ave. & 42nd Street Corp. (Channin Building), •
New York, 3%%
1st mtge. loan, due 1965. f Purpose, V
refunding.
Placed privately with Metropolitan Life Insur- -
•
mins, Inc.; White, Hattier At Sanford; Harold E. Wood At,
Co.; F. S. Yantis <k Co., Inc., and Yarnall & Co.
77777.
6,000,000 New Jersey
Power &
Light Co. l6t i mtge.
bonds, 3%
series, due 1978.
Purpose, purchase and construfction of
*600,000 Norfolk
?'»' i
»
Wheelock At Cum-i
Co.;
At
flncedj privately,
;
j
fk OIL /
'
7
.
♦
^
^
(no
companies,
382,826 Savoy Oil
"$5,263,000 Lexington
Wainwright & Co.; Watling, Lerchen At Co.; Weeden & Co.,1
Inc.;
stock
i
1958.
1,
May
due
Starkweather At Co.; Stein Bros. & tyjyce; Stern Brothers
At Co.; Edw. Lowber Stokes Co.; Walter Stokes & Co.; J. S.
Strauss & Co.; Swiss American Corp.; Thomas & Co.; H. C.
■
■
••
*
•
*
Refining
of stocks of constituent companies.
440,000 Roosevelt Oil & Refining
;
Leases, Inc., 5%
convertible debentures, '
Purpose, development of properties.,,
Oil
Peninsula
C$1 000 000
C. Schmertz
R.
r
&
convert.bie
and dividend.
v,par
•
Yarnall Ac Co.
and
Co.,
$193,650,000
-
;
V
,
& Co., Inc.; Schmidt, Poole & Co.; Schoeykopf, Hutton &
Pomeroy, Inc.; Chas. W. Scranton At Co.; Shaughnessy Si'
Co., Inc.; Singer, Dean* & Scribner; .William r. staats Co.;
,
'
Ac
Dulles
Oil
cui,.u.a.ive
acqu.sitior.
.
T
V
.
•*'-
//'•'7--7
■
•
Wells & Co.; .Otis & Co.; Wm. E.. Pollock
Co., Inc.; Singer, Deane At Scribner; Thomas & Co., and
&
^
$1,687,500 Roosevelt
Kebbon, McCormick & Co.; A. M-..
.*viuuer oc vo.;
tviauci, reaooay At Co.; Ki'/kpatrick-Pettis ■
Co.; La^enburg, Thalmonn Si Co.; Laird, Bissel'& Mecd-r,
W. C. Langley & Co.; Lazard Freres & Co.; Lee Higgm$un
oOiw
t.nm-in BrouiCis; C'acl M. Loeb. Rhoade^ &,v
Co.; Mackubln, Legg & Co.; Laurence M. Marks & Co.;^,
Mason-nagan,
Inc.; A. E. Masten & Co.; Mcponald &
Co.;
Merrill Lynch,
Pierce. Fe.nner & Beane; Merrill.
Turben &
Co.; The Milwaukee Co.;
Minsch, Monell &
Co.; Moore, Leonard & Lynch;
Morgan Stanley & Co.;
F,
S. Moseley & Co.:
Mullaney, Wells & Co.; Maynard,-j
H
Murch & Co.; Newhard, Cook & Co.; The Ohio Co.;
Pacific Co. of California;
Pacific Northwest Cq.; Paine,:Webber, Jackson & Curtis;
Peters, Writer & Christensen
Inc.;
Phelps. Fenn & Co.; ^Piper, Jaffray & Hop-7
wood;
Prescott,
Hawley, Shepard & Co., Inc.;; R. W.
Pressprlch & Co.; Putnam & Co.; Rauscher, Pierce &:Co., Inc.; Reinhoidt
Gardner; Reynolds & Co.;. Riter,
&
Co.;
The Robinson-Humphrey Co.; E. H. Rollins Ac
Sons
Inc.; Rotan, Mosle and Moreland; L. F. Rothschild
& Co.; Salomon Bros. & Hutzler; R. C. Schmertz & Co.,
Inc ; Schpellkopf. Hutton & Pomeroy,. Inc.; Schwabacher .
Co.; Scott & Strlngiellow; Chas. W. Scranton & Co.;Shields & Co.; Shuman, Agnew & Co.; Singer,
Deane Ac;
Scribner;
Smith, Ba,rney Si Co.; Smith, Moore Ac Co.; •
William R. Staats Co.; Starkweather & Co.; Stein Bros.
Si
Boyce; Stern Brothers & Co.; Stix & Co.;
Stone &
Webster
Securities Corp.; Stroud & Co.,
Inc.; Sweney,
Cartwright Ac Co.; Swiss American Corp.; Spencer TraskAc Co.; Tucker,
Anthony Ac Co.; Union Securities Corp.; 1
G. H. Walker Ac Co.; Weeden Ac Co..
Inc.; White, Weld /
& Co.; Whiting,
Weeks & Stubbs; Dean Witter Ac Co.;
Harold E. Wood Ac Co.; Woodward-Elwood Ac Co.^Wurts, V
■
Price, 100.99 and int.
Offered by Halsey,
Stuart & Co. Inc.; Clayton Securities Corp.; fiauset; 4teei«>
Kalb.
Richards & Co.;
Kay
Purpose,
1978.
bank
Inc.; Johnston,
Voo'hiv & Co.:
Co.,
&
Co.:
Jauney 6c Co.; Johnson..
Lemon & Co.; T. H.
Kalman & Co., Inc.;
The Lnn^is Co.;
Co.;
Space
Lane,
Jones
Power Co. 1st mtge. bonds, series B, 2»
acquisition of properties, reduction In
England
11,000,000 New
&
Button
(Continued from page 3)
:
Monday, August 30, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(842)
6
Merrill
& Co.;
Dom-nick A: Dominick; Laurence M. Marks & Co.;
At Co.; Auchincloss, Parker At Redpath; Bacon,
At Co.: Farwell. Chapman At Co.; Kebbon, Mc-
Wertlieim
Whipple
»
;
7
V
;
.777/7:7 :7
400,000
/
7
; 1
77.;;:l7.'
,7 7
Corm'ck At Co.; Wm. R. Staats Co.; Underwood. Neuhaus As
Co.; Wurts. Dulles At Co - and Chas. W. Scranton A: Co.
Steak
'n Shake, Inc.
160,000 shares of common stock
(par 50c).
Price, $2.50 per share.
Offered by White As
Co.; Dempsey .A; Co.; Alfred O'Gara At Co.; L. B. Jackson
& Co., and Strauss Ac Blosser.
"
,
$28,778,285
"Indicates
•*
issues
placed
privately,
tlndicates
special offerings.
v'
vV
■■■'.ft "v; !■
Volume 168'
\
Number 4729
THE
;
(Continued from
The
$ Months Ended June 30-r-
'
'
sales
yarned
1948
For
-1947"
$8,225,1591,109,124
outstanding.
now
Preferred
It
to-750,000
company
fs
shares-of
certificates of stock
expected that new
about a week.- •
•
will
"
,
^ TheX vote. M approval "was by
with
stock,
common
of
90%
over
the
v
;tv- 948,225
$1,08
"
stock
Two
charges
(& *Subs.)—Earns.
ENDED
JULY
31,
1948
'
$25,912,886
customers—_—
and
16,882,181
taxes—
dividends declared
1,144,920
shares
18,445
on
dividends
quarterly
wevV declared
J
'
after
MONTHS
June
1948
share
per
quarter
compared
net
This
€orp.—Proposed Acquisition-—
of
25
each
cents
$0.80
9,030,705
the
on
of earnings for the six months'
jut
•
on
.
stock
common
period.—V.168,
Brown Co., Berlin, N. H.—New York Transfer
coihpany and a group "of associates will acqu.re Rosenberg Bros.
•The
Co.; processor of dried* fruit; as the result or negotiations concluded '
&
with
thtf
55,456
t
Earnings per sliore on 1,263,645 common shares
Backlog of orders on hand July 31—.,
,
•
.
SIX
7
42.
p.
'
Blair Holdings
$0,93
v
outstanding
dissenting votes.—V. 1C8, p. 438.
no
value
ready for
par
be
FOR
Orders .accepted
Shipments to company's
<
Earnings
the
of
Bigelow, St. Paul, Minn.
Agent—
'
the
cents
value'stock
par
$7,115,074
earnings were $483,291, equal to $47
$441,300, equal- to 43 cents per share
1941 June quarter.
/. "
1
s *'»
*
%
Acquisition of the Glim business ifroni the General Analine & Film
Corp. was effected in July, 1948.
According to a statement
,
lor
$5
&
EARNLNGS
rate of.four
I Stockholders also approved the increase in the authorized capitaliza¬
-
share./—_____.
per
of
"Brown
r
<
17 .approved the proposed split-up of the
shares of new $1.25 par value stock
Aug.
(843)
tion
; :
Sl.'lS.
-
—;.
earnings
on
the
at
share
ueiivery in
;
——
stock
each
lor
■
Net
stockholders
common
(B. T.) Babbitt, Inc.—Earnings-*-'
Net
7
;
"
2)
page
CHRONICLE
7 Bing & Bing, Inc.—Split-Up Approved—
General Corporation and
:
Investment News
||| |
;
COMMERCIAL' & FINANCIAL
Aug.- 25.
'
it
Chemical
pointed
of
'
the
New
Bank
York
voting
&
Trust
transfer
trustees
for
Co.,
the
New
for
agent
York,
the
transfer
of
N.
has
Y.,
been
stock
ap¬
and
agents
voting trust certificates for
common
.
1
by Samuel
Mendleson,. Chairman
addition
period
of
Glim,
the
substantially
.\:y
the
of
board,
liquid
new
increase
V:
?
and
saies
•
Baltimore Transit
-
net
income.—V.
167.
"
-
■
2569.-
p
Co.—Earnings—
Negotiations
(Including Baltimore Coach Co.)
Period End. June 30—
Operating
Operating
1948—Month—1947
revenues-...'
$1,849,996'
expenses
.177,81ft
,
—
On
Non-opert income
$129,438
5,127.
$784,350
25.930
29,848
Int.
Z)r$484',068
2.444
75,199
52,419
297,613
■
series
on
$134,565
13,442
49,041
charges
debs...
A
■■
of
the
28
and
by
to
be
•'"Based
dispute and to resolve them
will have
9,697
311,014
were
dropped,
alter
per
on
1947
1948
*.*-*'
Fed-
&
taxes—
share
common
$1,341,296
$7.47
$4.88
.
t
of
directors'
'on
share
on
per
/ecord
Aug.
i
I
V
the
2
*•'*>%•■•
►
Aug.1 J24
declared
31.
)
'
quarterly
a
stock,
common
Previously the
quarter.—V.167, p: 2570;
each
$79,702
Dr$856,881
$493,488
v
payable
paid
company
i
-
dividend
Sept.
25
10.
% ■ Bangor & Aroostook-RR.^^tuHying
Refunding Plans
-
$12;665,000
of
bonds.
,
insurance
companies
olficial
the
It
of
road
probably
/
: V"
*
the operation,
refinancing are being
yet been made.'- .*
^ •£:''*£
stated:
no. commitments, have
I
was
as
•'
I. V
Railway
Railway
Railway
oper.
handle
;*.
COMPARATIVE INCOME
•imtf^Mon'th-—1947
:194£^Month—1947
.
.
:John
S.
:
Coleman,
Kenneth
President, on Aug. 20 announced
Tiffany as Director of Finance.
C.
the
the
board" of
been
diiectors
be'approved by 75%
•
'/
of
approved
the
of
the
by ,the
B&M
holders
classes.of*stdck>nov,loutstandlf»g.
>
'
;
;
5,983,220
44,235
1,605,57?
■.,119,753
of
' */
-
'.'-$V,138
-
-
Net tv.
•£■
33,347
V
»
$52,137-;-J %
:,:;
•
■.
-
Dr387..,.
•«
j1,027,392.
in. the- foreseeable
I)r9,767
-
At
Z^r65,631
of
$5,419
'•
■
-
future
that
.
$51,750
•*
737
7,108
$6,156
-
46,475
25/652.
$1,949,187
44,664
-
$5,275. -•/.* $38,508
such
little
could
amount
an
-
t
6 Mos;
Ended
>
sales, exclT of
depreciation,.....—"ZIZ
;
J
in
accounts
&
in
Total
in
Silk
$582,609
&
8,750
payable—trade
Res.
expenses, wages, etc.—.
for Fed. income taxes_i__
Taxes
accrued
Amts.
withheld
i
and
Miscellaneous
payroll
bonds
-
current
plan
for
Y.
'
stock
surplus
2,467,868
surplus
4,622,655
$9,337,692
with
CprE^Bonds
Callpd—
dutf Oct^i;^^ 195^ i^cehtl^ctflled^fbr
St., ®OSton,iMa6S.-4-V;;16$, -p, 438.
"
"
^ BendiE: Aviation Coi^^Buys Parts.
'IX. Sale
Plants^
- •,
of
two
adloining^goveirmhent-owned "Surplus aircraft parts
•plants at South Bend, Ind.. to the corporation, -was announced on
Aug.
'13•by IheiWar^Assetsii.Administration.'-^
v "•? <
'%».*]'
IPoth plant^, were.operated, .byr this, company
during the war "and-:
were
acquired for $1,050,000, cash, subject to- the National
Security
Clause. The properties were designated as Plancors 14 and 171 and
were
erected by the government at a
reported cost of approximately
$1,578,000 for the production of carbureters and machine
parts.
The
_
disposal, is
Justice
that
States.—V.
it
is
subject
not
determination
to
violative
168, p. 438.
of
the
'.
by
the
anti-trust
Industrial
laws
>
Department
of-the
of
United
1
Loan
—•
Canadian
Unit
Places Ndtes Privatelyr—
V Cto A»J2, 4 the corporation borrowed
$2,000,000 In Canadian- funds
•provided in
Co.
of
an
dated
July
16
with
issued
before Oct. 31.
The proceeds will
Co.-of. Canada; a. subsidiary, - which
$1,500,000 to repay indebtedness owing to
be
advanced
to
Personal
will
the
road
other
would
scrip
scrip
issues
'Si:.':
*
have
voting
no
ssue
outstanding
Bank
equipment
of
Bankers
Boston,
trust
Trust
Co.,
its
agent,
full
Ut
^
v
,
1947
$300,878
23,316
*26,843
[
.
■
dividends
346,628
on-class
A
stock
168,
$0.36
then
n
.
outstanding?.
s4
$274,035
t76,529
■
$3.58
tClass
B
shares
v
.
V• ■•'%:■' lXX'II
»»■•:
*
■
147.
p.
1946
;
%217,387
'ft, 86,657 "
'V$2.51
$124,741
;•»
X/\"■.;-•<
July 31—
1948—Month—1947
revenues..__•• $2,110,975
i:;
;.v-;..-
taxes
84,389
,//.
222,087
retirement
re-
1948—12 Mos.—1947
$1,731,037 $24,379,534 $20,953,816
883,352
12,295,199
9,924,131
114,910 % 2,001,917
1,721,891
199,510
2,871,470
2,394,376
1,252,971
expenses
taxes on income r
Property
The-
full
a
serve
.l
>
the
No,
.
scrip
In
Net
the
Other
'*V; *\
,
of
6
1934
1
•
.
125,000
vf,-'
•»
1,525,000
1,500,000
'
oper.
revenues...
income
(net)
income
other
$407,765
31,568
872
'*
*f
&
$401,528
-
t
Gross
/
'
'
—*
$5,685,948
$5,413,418
39,838
57,442
;;
■■
I
i
i
11
$433,096
$408,637
$5,725,786
$5,470,860
155,326
.
140.631
1,770,601
1,811,540
$268,006
period
$3,955,185
deducts...
•
Net Income
Diva,
St.,
Boston,
New York,
Wall
150,000
./•'
either The
at
appropriation—
share
Int.
Franklin
16
■
$240,703
sha)?e_______- "i;
outstanding.—V.
Federal
rights.
1948
$500,963
$149,975
^hares outstanding
Operating
Operating
;
>7
15,
111
$498,866
'
form.
years.
certificates
of July
as
trustee,
'A
after preferred
Period End.
new
"
that
two
443,043
$653,866 '
152,903
•
Carolina Power & Light
Co.—Earnings—
one
of
;■
would
provided
within
$1,4)96,909""
"
25,234
J
then
one
St.,
together with interest
168,
•
_//2-/-__
applic.
$277,770
to preferred
stock
the
for
$3,174,745
168,
$3,659,330780,440
780,440
Balance
—V.
643.
p.
p.
740.
$2,878,880
.
....
the
parent.
Carpenier Paper Co.—Registers With SEC—
(& Subs.)—Earnings—
"
1948
.'
292,623
on
net
l-L—•_
£
iOn
}
The
money
•
$879,045
% V'' '"
hand
on
Receivables
Prepaid
subsidiaries
operating
and
in
(net)
a.
foreign
■
Other
725,280
1,821,528
/_
40,303
40,302
2,983,117
•'V1 %
:
/ >
from
payable
Accrued
■
•'
•
3,013,562'
1,999;
1,512,689
r :
•
'>x-
f",<
vr
"
H
4
*
•
1
employees...
s
liabilities
of
Fed.
-
on
inc.
78,162
Net
taxes.
for
Payments
on
481,500
renegotiation (current portion)*.
deferred liabilities due currently.
current
liabilities
546,498
peferred liabilities
Int/of minority stockholders in subs...———
cumulative
preferred
stock,
(par $l)/_»^
I
surplus :
(par
$25)—
.......
surplus
13,500*
r
634,151
379,448
1,860,271
13,166-
4,086,754
68,622
4,917,125
:
-—
*
631,102;
354,685
1,843,193
1,208,417
"'
„
"
1,564,353
2,203,208
I $19,298,609
$20,447,189
Total
166, p. 2658.'
$1,536,143.
16,602
""
,
1
-■
*4,001
1
;?■>•
income/...//_-T_____-_—
$2,016,600
deductions/——.———/—618,801
income/./
■
1111
'
1
■*
$1,532,140
162,315
$1,397,800 ? $1,369,833
164,000
164,OOo
—-
stock dividend
requirements—/— -
stock
com.
—
$1,233,800
$2.57
(480,000 shs.-)'
167, p. 2463.
■
Period End. June 30
Net
Other
X
'
,
-
.$1,205,833
£
$2.51
•
•
*
'
and
168,
p.
4,638,534
$1,460,474
1948—12 Mos.—1947
$5,364,176 $24,190,958 $21,389,347
.3,965,840
18,061,263
15,580,758
;
.
,
29,136
$6,129,695
110,613
$5,808,583
56.C55
deducts.
$1,439,609
427,290
$1,416,008
444,525
$6,240,308
1,672,321
$5,864,644
1,809,016
/——
$1,0G2,320
$971,483
$4,567,987
$4,055,628
Net-1 income.
—V.
$6,099,007
$1,398,347
17,662
income—/'—...
other
Service Co.—Earnings-?-!
1948—3 Mos.—1947
oper.
income—income (net)..
Gross
Int.
.
„
740.
'
'
v
Central Maine Power Co.—To Increase Bank Borrow'g
1,208,417
Earned
—
588,165
725,087
:
r V--'
'*
Operating revenues.//../
Oper. exps. and taxes
5,000,000
■
Surplus arising from consolidation-—————
surplus
673,403
372,359
614,023
915,101-
875,637
(net).—
Central Illinois Public
24,769
4,507,807
80,299
—
Common stock
201,915-
44,551
'''
788,930
$1,999,999
1—/
;—:
.
508,752
169,010
——.
income
1947
$9,049,052
4,349,853
:——;
—
income..:
operating
•Loss.—V.
613,880
953,919
^
assessment
due" within ono'year:-
Provision
•*
1948
100,209
648,283
-—
-
'
*
'
Surplus
Earnings per sh. of
1,300,500
income-/.^..//—1,628,744 >
tax- carryback
/
Co.-—Earnings—
'
V "750,000
*;•'/*
Gross
Ffd.
$1,334,097
329,725
...
—1
Provision. for taxes
portion
$806,767
additional
,
ftf
Cas
and
certain
to
for
'
' 2,413*
256,456?
1
payable-,
Deductions
—V.
'
«
•
Accounts
in
pp. 1783,. 2100, 2307.
t-
•
income
'V
Ricome
'•
Paid
*■
them,
used
_//—
Income
vUlility
-
•
$19,298,609 $20,447,189;
LIABILITIES—
Capital
f
of» preferred
by
be
2,743,348
10,370,990'
;
Total
Notes
x
Months Ended Julie 30—
Federal
96,287
.
1
will
'General. taxes___
$2,102,303
f
—w
cos
<*i
holders
present
unsubscribed
Proceeds
Maintenance;
:
Dec. 31,'47
7,837
assets
current
'
->
to
extent
Property- losses charges to operations
10,266,681
(current).*
offered
to. the
officers.
Total operating revenues/.,./—$10,304,785
Operation :
5,165,133
profit.
220,879
subs,
f
Depreciation-
$900,138
L.,—*-
Land, buildings Ac equipment. (net)*.-^.^.*//
patents, trade marks & good wilL/^/.w.^/«.>.
.pther..assets-_—
;,
at
2,639,686
—*—_—
z
Capital stock of affiliated & outside
J;
•
be
and
and
employees
: 12
June 30,'48
v
..
banks......
expenses../—
frpm
Other
of certain
stocks
will
Central: Illinois Electric •&
; CONSOLIDATED BALANCE SHEETS
ASSETS—
Cash
profits
19 filed a registration statement with theshares of 4%
convertible preferred
stock ($100
6,177
stock
working capital.—V. v166,
539,712
—J—*$491,646
income
The
common
key
$1,418,757
+292,980
Cr91,626
>;
Inc.. due to carry-back
covering
par).
352,426
*$290,292
i.
income...../.
on
SEC
Aug.
company/ on
•
$10,452,344 $15,998,209
7,685,724
11,265,339
2,764,288
2,961,686
—
taxes
The
1947
apply approximately
by the latter will be added to working capital.—V .168, p. 643.
could
fractional
income
';
$1.20
as
Insurance
covering
a
loan; of
$5,000,000
(Canadian ; funds),
3'/2% notes totaling $3,000,000 (Canadian funds) are to
Finance
received
the Prudential
America
evidenced-by
be
agieement
$1,084,499
12,41®
Sub$.)-—Earnings—•
—
dividends
"Dividends
the road's treasury
scrip in bearer
be exchanged for
sales
of
Other
Corp.
stock
—
152,903
1
*
298,260
—
1948
/
Balance
common
shares
,
in
respective dates of maturity will be made.—V.
Deferred
Beneficial
3,146,745
.
profit
Other
with
sales.
Due
redemption > on Oct. 1, 1948 at 101 J/a and interest, may be
presented
for payment at any time at the Old
Colony Trust Co., trustee, 45 Milk
,
new
0.05
-
■
shares held
Payment of the principal amount thereof,
♦Loss;
r
.
^ bdi^»
stock,
of
stock
I...
1
•
.
*^ihe;firs6 mortgage
shares
preferred
Carman & Co., Inc. (&
-
one
fractional
and
other
fractional
;^ Inventories" (net)
Hydro^Electric
new
..
the
common
and
combined
Consolidated
$7,892,975
342.
p.
new
negotiable
the
or
Net
3,563,954
168,
0.07
common
*
•
-
National
Estimated
100,000
1,544,340
1,332,228
408,700 fc
Total
be
6%,
Administrative, sales & service expense
expense (less other income)...
5,771
Earned
—V.
1947
$4,529,504 ;
.
441,567
6 Months Ended June 39—
Common
one
for
for
4,896
5,922
Capital
•Capital
L.i.l.J
the
Est; refund of taxes
500,000
zz—_______
for
common
fot
of
Other
59.296
4,507
■
2*.
.
common;
for one.
of
shares
6 Months Ended June-30—
Cost
for
liabilities
contingencies
^w
of hew
common;
when
of the
the
Net
90,756
___•__
.
Reserve
1948
$651,769
Earnings per common
common;
certificates
Bowser, Inc.
$637,902
553,832
110,251
allot,
—
of
shares
shares
recently called for redemption
to
$7,892,975
148,816
...
withheld—other
under
employees savings
e
$4,921,715
.1/J_..—
Preferred
/
common;
,
.
•
$643,346
425,627
;
;
•
1
$9,337,692
1
_
Accrued
323
would receive
share'of first preferred A
shares
0.35
if accepted,
*
Co.—Earnings—
_______—
168,;p. 739.
Net
stockhjblders
Equipment Trust: Certificates* Called—-
N.
LIABILITIES—
Acounts
7%
0.47
7%,) 0.44
Vhrk,
cancelled.
the
Mass,,
214,328
1
!'
t
4
^
hew
E
>
plan,
combined
All
10,033
212,358
TotaJ
0,37
8%',
B
super-
1,516,301
___i
'
the
stock
Second
-
_
.394,728
'For one
(non-cumulative)
share of the present
would
were
8,750
8,833
i...
1
31
650
3D">10%( 0.54" shares of hew
shares
i
1,864,737
Goodwill
•^-V.
-
3,203,008
invest—
receive
preferred
stock.
interim
30
782
Co.„J
sundry
would
distributng
was
stofck.
common
preferred
one
,
be
scrip
1947
reserves)
for
; In
preference
preferred
share
or
2.240
Spool
receivable
assets, (less
deferred charges
'Total
$960,330
1,086,563
1,649,607
...
new
first
share
share first
,7 Under
$348,763
1,080,335
1,510,674
—
of
prior
first ^preferred £
first rpreferred'
would
$507,211
transit
/
Stowell
notes
Service
'hcome1
Dividends btt
.
of
shareholders
common*
12,721
receivable
fixed
the
'
Balance
plan ail these classes of stock' would b8 reclassified into,
J5tock, par\value $100.
s-,
I
share
one
share
365,000
JUNE
the
common
and
$837,208
SHEET
_•*/_//_;
note
Merchandise, inventories
Mortgage
50,522
,
3,997,392
hand and
Accounts receivable ;
Investment
•
49,344
BALANCE
;
1,103,138
1948
on
JJ. S. Govt, securities
Misc.
7,452,701
'
530,000
taxes.
_—
banks,
for
'68
31,498
395,051
of
4^,969
ASSETS—
Cash
43,239
650
share
$9,521,722
$1,416,552
COMPARATIVE
t
Water
revenue
.
VNet
.76,488
31,498
share
$915,361
...
income
responsible
prem., disc, and exp., and other deduc
•
~
»
35,073
...
_
43,270:%
E
5%:
$1,381,479
income
D-:X.-lX^r~2
preferred
Common
,
1947
8,238,252
income
Net
preferred
Preferred
$868,424
.
78,146
...
be
% 12 Months Ended Juno 30— '•*•.*
Operating
,
259;
79,103
2.75 shares
1,339,405
Other deductions
Provision for Federal
-
In Treas;
1,971' '
-
"188,341
Frist
Inc.—Earnings—
1948
229,414
v
79,171'"
For
Depreciation
Other
ICC
eight
•
treasury)
Outstdg.
518,460
188,600
.
76,488
Under
June 3B--7
I
preferred
new
$11,037,282
Cost of
California
possibility
off."
the
First
321,811
:
$lj624,253
preference
preferred A„;.i_2_
'
'
-
paid
First
^1,190,235
324,934*
be
First, preferred
♦p^icit.-r-;V; 168;'
p.. 643.
l';
V*" "5.1- *'
fc
'
Belding Hemin way :C0.
will
,
present time there
are
outstanding and in
B&M the following number of shares of stock:
,
First
;
income-____r.
the
4
the
the
Prior
$1,942,079-: $1,164,583
,
Net.
Tiffany
,
5,414,061
'(>,
•
;Inc. avail, for fixed
"• '
charges_
f
Fixed
charges..
U :A
Mr.
the
•;'!rhe pl^n, an "official of the. B&M saicl, "is the result of
Operation- expenses
and
depreciation.—__r
3,616,075
several-; Provision for Fcderali taxes on income..
years of study by a committee of the board of directors seeking to
279,778
arrive ata. plan * which' would
;%•••••" vX' ■ B'XXvX.'
simplify the capitaL structure, and '
;
1
!
render future equity financing more feasible."
Operating" income
$1,025,862
\
The official pointed out that no stockholder, of any of the
Non-operating income
.-'-.L
present
;• 1 67,474
classes, has received any dividends since 1932, and he said in answer ;
Balance
before deductions./—^—/.../—_ £
to questions that. there is $69,083,848 in accumulated dividends on
$1,093,336
Interest on- funded debt, amortization of bond
the cumulative preferreds now outstanding "with
.
$7,671,667;
■
t$i;95J,846^ $1,230,214
*$27,928
£44,993-
income J
oper.
Other" income
alter
of
X
Authorized
■t
to
.
executive
must,
each
'
very
.
post,
in the company and will also serve as an
President>in .-accounting and financial matters.
Prior
to
this appointment, he was a member of the staff of Price, Water.house & Co.—V. 168, p. 739.
•
'
"
..
*
met)—
now
of'.budget activities
'
$9,540,638
668,301
^r-
his
advisor
'
1948—TMos.—1947
$864,608
680,848
^
appointment
-
.
-7
$807,739
Rent'.income
In
vision
-
'
,
revenues-
accruals...
whichhad 1 previously
of
sanction;
an
studied;
...
ACCOUNT.
oper.\ expenses-
tax
but
for
•
\ .Period End. Julyt31--T
.
would
"Plans
committee
k
share
-
.
!, The' plan,
company (is studying, plans to refund
reported that a group of Connecticut;
31V»
holders
per
Burroughs Adding Machine Co.—Director of Finance
•
plan to^. modify the capital stock of the road by substituing a
single class of 816,853 shares of common stock (par $100) for the
1^45,473 shares Of eighr classes of-etock now outstanding was filed
Aug. 25 with: the ICC.
- - "
^ported "Aug. 21. that
of
to
cents
'
;
A
.-
and
;
and
1254.
Boston & Maine RR.-—Plan to Modify Capital Stock-r-
'
Dr$205,300
.
437.
.p.
-
$0.89
'
Buffalo Bolt Co.—Dividend Increased—
cents
of
■■1
ivNet Income
$311,002
outstanding $2.50 par value common stock
requirements on preferred stock.—V. 167, p. 2463.
.
r-y., ib8r
1946
-
f
$2,008,100
present
dividend
vThe
:
•
the
of Rosenberg Bros. & Co, under the new
ownership
financial interest in. the firm, it was stated.-—V.
167} p.
a
income
an
unit
a
were
financing will be involved in the transaction: at this time/
Oppenneimer, Sr., will be General Manager and chief execu-
officer
tlve
$814,199
state
"Earnings
only
as
month.
later in
and
started
company
subsequently
No public
Arthur C.
Dr$142,818
Fixed
sale
June
25, four points remained in
reached
\
,
Fiscal Years Ended-June 30—
•eral
day.
The price was not one of the points in
d.spute,' Virgil D.; Dardi, President -or Blair -Holdings Corp., stated.
If-
"
J:
4j294;
::
Dr$509,998
this
Aug.
1466.
(& Subs.)—Earnings—
Net-profit •after all charges
^
arbitrat.on board consist-.ng of L. M. Giarnini (President of Bank of
Amer.cai, Walter Haas and Jacques Bergues was named with agreement
that their findings would be
accepted.
Verbal agreement on terms
was
Ur$147,112
for
cummings on
renewed
1948—6 Mos.—1947
$1,896,296 $11,286,247 $11,633 980
1,582,477- 10,762,976
9,684 500
184/280.' 1,033,270
1,165,130
1,819.289
Taxes "„i
Mr.
167, p.
(E. L.) Bruce Co.
Cummings, who purchased the Rosenberg company some
months ago and
subsequently found his efforts to combine it with
Consolidated Grocers Corp. knocked by the Department of
Justice, will
not continue as a
stockholder, it was stated.
;
-
stock.—V.
•
1...
.
..
Nathan
-
"
common
indicated that jtihe price would probably be in the neighbor-,:
It .-was
hood of $22,000,000.
the management expects that the
household detergent,
will over a
;
The company has asked the SEC
borrowings.
payable to
$8,500,000.
The
the
company
First
wants
National
to increase its bank
its outstanding notes
for permission
to
Bank
increase
of
Boston
from
$3,800,000
to
To do this the company wants to issue additional 9-months
notes
the
on
INCOME ACCOUNT FOR SIX
bear an Interest, rate
31.
These notes -would
first $5,000,000 and 2% on
Dec.
untit
ud
ot'l'Afc
sales
Net
I
Operating
Foe
rhaSs
about
will
merging companies,
♦Net
N.t
revenue-—_
income
\y. opfir.
declared
on
conv.
declared
on
common
Earnings
Income
-
S.
U.
bills
Treasury
Inventories
1,501,340
■
,
for
and
advances,
charges
Misc.
income
Operating
Nat
from
Deductions
693,233
913,293
Dividend
500,626
830,000
333,751
200,000
common
stock
Long-term debt (less current maturities):
Obligations secured by certain oil and
10,800,000
$1,415,889
$3,127,604
$202,840
$500,128
168, p. 643.
—V.
193456270
applic.
Fed.
Corp.—Registrar Appointed—
The Chase National Bank of the City of New York has been ap¬
pointed registrar of the common stock, $5 par value.—V. 168, p, 740.
Miles
admin. & gen. exps.
$5,266,142
158,895
income
other
income
Total
Interest
fund
,
debentures——
58,843
—
Appropriation
1958, and were priced to yield from 1.50% to 2.55%.
They are issued under the Philadelphia plan, and are
$3,217,123
300,000
per
contingencies
for
reserve
transferred
Balance
Eaxn^ngs
to
being offered subject to approval of the ICC.
issue
&
Cincinnati
Period End.
mechanical
is
It
altvay*
possible to arrange companies in exact alphabetical
order.
However, they are always as near alphabetical
i
position
reasons
not
—V.
and
JULY
1948—Month—1947
income
after.
28,653,516
Ne#t;
on
excess
24,937,326
434,812
16,476,471
$0.05
$2.06
Pere
Marquette,
and
after
allowing for preferred
net
for
Income
of
(a)
net
of
debit
possible deficiency
$936,300
the
1939-1945, and interest thereon to Dec.
years
for
of possible deficiency in income and
1939-1945, and interest thereon to Dec. 31,
Income
tax
estimated
saving
current
such
on
interest
interest;
said
on
(b)
possible
1947,
debit of
net
tax
excess
deficiency,
because
of
from
—V.
168,
p.
January, to May, 1948, after allowing for income taxes.
643.
-
•
-
r
the
year-end
purchase
has
been
used
.
in
by
the
oil
and
pmeot corrosion.
installation
site,
the
vO 'UUMMTju
Btoee
made
of
certain
shares
of
and wrapping of pipe.
Practically all pipe
companies and public utilities is so treated to:
By coating pipe in its plant instead of at the
new
company
'. *"''
the
year-end
tanker
The final
was
lost
perform
*>'
liquidation
This
was
settlement
will
v
the
wa«-finally completed.
company s
1%
of
an
iv'."' •*,
Lone
Star
liquidation has been In
in
the
slightly in
investment.
early
excess
years
of
economic
'* /•
.
•'
service
of
ratio
from
would
Thus,
term
sees
Steamship
Corp.
process
since
the
World
War
H.
of Chicago Corp.'s
original
861,013
576,043
1,078,264
24,572
724,318
2,900,532
19,547
3,228,886
60,406
2,858,792
income—
4,649,740
14,352,259
17,526,903
$1.17
$1.43
;
.
74,970
,
Chicago—Stocks Offered
Discount Corp.,
share of prior preferred stock and two shares
one
Transfer
First
agent,
National
unit.
GIVING EFFECT
CAPITALIZATION,
>! a
TO
stk.
Class
A
($100
par)
'
$220,000
6,250
5,970 shl*
% 1,644 sto.
12,008 shs.
(no par)—_—
*
■
v
11,940 shs.
107,460sb».
Volume of
'
1938-
Purchased
-
—
1944_
—
-
i
-
$103,762
150,270
171,017
163,261
9,247,642 '>'
143,804
9,287,926
200,303
9,156,783 .
140,159
17,697.824
252,303
17,640,341
320,223
14,457,153
305,364
8,993,374 ;
152,690
7,075,204
9,103,039
10,694.800
-
r
—
(After
Income
$5,473,034
-
i
i
mos.)
Net :
.
Gross
Receivables
Calendar Year—
(6
-
120,000 shs.
stk
common
Outstanding
$220,000- '
6,250 V
,7,400«h&,
2,000 shs.
debs., series A,
Common stk.
PRESENT FINANCING! ;
Authorized-
v
due Oct. 1, 1959
Note payable, due Dec. 31, 1951
$3.50 prior pfd. stk. <$50 par)—
Pfd.
Conti¬
Bank of Chicago.
Registrar,
of Chicago.
Illinois National Bank & Trust Co.
5Vi%
Taxes)
$21,830
31,484
30,252
20,316
18,353
74,132
29,102
43,122
47,304
47.489
*
'
23,736
PURPOSE—The net proceeds to be received' by the company are to
part of the company's working capital.
This additional capital
should enable expansion of business and should provide
a basis for
become
obtaining increases in the company's credit lines from
bank*.
' been,
engaged in business under the same management since 1932, the preseuc Corporation having been incorporated in Delaware in 1936.
The company is engaged in the business of providing funds for the
current operations of manufacturers, distributors and other business
concerns.
Its financing activities fail .into five principal classifications:
accounts receivable,
installment contracts* warehouse receipt loans*
HISTORY AND BUSINESS—Company and its predecessor have
chattel mortgages and miscellaneous leans.
The business of the company is conducted
West.
Missouri, Ohio and Wisconsin, In,
Delaware.
to
addition
principally in the Middle
do business in the States of IDiaeir,
qualified to
is
Company
Indiana, Iowa, Michigan, Minnesota,
.
„
has two wholly Owned subsidiaries, Commercial Dis¬
(Indiana), organized in 1939 to conduct the company'*
finance business in Indiana, and J. W. Donald Co. (Del.), which acts
as an audit company to verify and evaluate receivables assigned to »•
company
count
Corp
" /
by its various clients.—V. 168, p. 343.
company
Commonwealth Edison Co.—Weekly Output—
Electricity output of Commonwealth Edison Co.
excluding sales to other electric utilities,
panies,
one
to
of
its
the
Week
of
this
construction
and
acquisitions
program
over
the
in
be
will
a
more
sale of
in
a
small
position
convenient
amounts
of
to do
permanent
form
its
at
its
long-term
own
debt.
—V.
longer-
discretion
in
Roserfthal
the
also
stated
that
the
next
individual
the building
Commonwealth & Southern Corp.—Weekly
this
and
L.
Southern
man
of
P.
elected
been
of
to
to replace
Corp.
board
the
South
the
President of the Southern Indiana Gas & Electric
Sweatt, President of the Mississippi Power Co., hav*
the
board of directors of The. Commonwealth m
Culley,
B.
F.
Co.,
construction
program
be
begin
in
electric
rates
Commissibn.
Sept.
on
9.
Mr.
at Nogales was approved by the Arizona
Hearings on this application are scheduled
Rosenthal
further advised
that
this
generat¬
ing station at Nogales was required by reason of the fact that Citizens
was
no
longer able to obtain energy from The Tucson Gas, Electric
Light & Power Co. in sufficient and reliable enough quantities to meet
the
energy
needs
resulting
from continuous and
rapid growth inNogales and Santa Cruz County.
... ••
,
•,
^
- •„'
(
Rosenthal
substantial
also
Indicated
construction
northeastern
that the
activities
in
company was proceeding with
its telephone properties in the
part of the State of California and in its natural
gas
dis¬
properties in the southeastern corner of Colorado., It was also
Indicated that the conversion of the company's gas distribution system
Blinn who recently retired as Chair¬
Co., and E. L. Godshalk, President
which has been sold to the South
A. C.
Ohio
Edison
Power
Co.
Co.-
CONSOLIDATED
$
Prov.
revenue
11,785,077
2,067,312
depreciation
)
taxes
income
debt
of
debt
stock
Minor,
of
4,504,241
18,567,137
25,611,511
28,283,674
3,903,889
53,222,779
56,696,247
1,222,858
1,140,233
14,685,660
13,621,065
64,500
770,952
763,601
■J Cr 144,187
deductions
Dividends
4,439,759
20,547,983
19,320
Cr801,986
4,029,364
disct.,
premiums, etc
Other
-
'63,762
J-
subsidiaries
of
3,163,049^
long-term
on
Amortiz.
3,389,745
taxes—j
Gross Income
Interest
373,909
358,059
adjusts
acquisition
Federal
10,582,722 145,422,662 118.316,657
1,986,587
24,632,349 23,132,822
plant
of
General
1948—12 Mos.—1947
$
$
20,010,157 273,877,044 249,500,780
:'V,$
21 629.558
-
expenses
for
Amortization
INCOME ACCOUNT
1948—Month—1947
Period End. July 31—
Operating
kw capacity generating station at Nogales, Arizona, at a
approximately $700,000, if the company's current application
of
Carolina
Electric & Gas
Carolina
would
In
Citizens'
Output—;
weekly kilowatt hour output of electric energy of subsidiarteo
corporation adjusted to show general business conditions to
territory
served for the week ended Aug. 19,
1948/ amounted to
320,156,456 as compared with 288,735,134 for -the corresponding weefc
in 1947, an increase of 31,421,322 or 10.88%.
The
of
Gross
3600
of
V
4.7 ;
4j3 • .
2.3.
6A y
168, p. 740.
substantial,
project
Mr.
'
time, and in larger individual amounts.
of
a
210,149,000
216,098,00020Y, 142,000
208,969,000
204,344.000
214,710,000
>
200,978,000
^
July 31
.
% Incr.
1947
"
219,963,000
-
Aug. 14
Aug.
7
Mr. Rosenthal
agreement,
arranged the credit in order to facilitate
Also, Citizens will be
assured of financial accommodations during the
period, regardless of
any changes in the money markets.
Mr.
1948
Ended
Aug. 21
Two New Directors Elected—
frequent
company
and associa ted toofor the week ended
yea*
fou*
Aug. 21, showed a 4.7% increase over the corresponding week a
ago.
Following are the kilowatthour output totals of the past
weeks and percentage comparisons with 1947:
^
fit,
the consummation
company had
financing
terms of
to
,152.938
current
tribution
,
ing of
per
years. He pointed out that the availability of these funds
make it possible tor the company to obtain interim construction
Corporation
coating
gas
of
three
for increase
Organized—Earnings
otknoard Pipeprotection,
Inc., and a commitment has been made to
purch&se $500,000 of preferred stock in that
company.
This is a new
enterprise
organized
by
individuals
familiar
with
the
business
to
engag#
Citizens
that the
financing
cost
Kv
,
Chicago Corp.—New Enterprise
Sfneo
V2
of
rate
will
.financing without
leas potential
income tax saving thereon, and (c) net credit of $873,200
retroactive adjustment in rate for Railroad Unemployment
current
excluded
announcing
next
.
243,794
204,845
chgs.
(Cr)
net
904,688
1,085,750
274,920
expenses
taxes
.
be
to
Citizens
stated
income
in
two-sevenths
potential
the
be equal to 166%% of the principal amount of the
outstanding after such borrowing; that Citizens will main¬
consolidated
a
In
includes
one-seventh
1947, less potential income tax saving on such interest; (b) net
$37,200 for estimated current interest on said possible tax
deficiency less potential
tax
saving
thereon.
Period
to
July
31,
1948£ net Income indues
(a) met
debit of
$1,872,600 representing
$74,400
at
the proceeds of borrowings under the credit
to
or creation of bondable property, except that
at any time when the value of all unbonded bondable property equals
or
exceeds 165% %
of the principal amount' of all notes outstanding
under the credit, proceeds of any borrowing may be applied in any
debit: of
lesg
is
available part of the credit.
shall
be
credit
manner.
1948,
years
this credit
for
apply
purchase, acquisition,
$2.64
,
to
that
21,044,123
21,833,196
of class A: common stock at $50.25 per
not
of shares outstanding after merger of Chesa¬
profits taxes,
for
fee
the unused but
one, with the notes under
liabilities; that Citizens will
pay cash dividends upon its capital stock exceeding 37'/2%
of con¬
solidated net earnings subsequent to Dec. 31, 1947 plus $171,000; and
12,727,663
31.
accruals
on
credit
tain
11,231,528
23,636,255
$0.31
number
accruals
profit* taxes,
Commitment
notes
requirements.
NOTE—July,
representing
and
10,085,571
1,147,595
share.
peake and Ohio and
dividend
11,605,759
1,474,455
306,635
1,640,597
2,471,911
com.
the
4,293,082
oper.: .inc.
N«k-: income
per
this
arrangements with The Marine Midland Trust
Other details of the credit agreement provide that unbonded property
of Citizens and its subsidiaries, plus funds borrowed under
DATE
1948—7 MOS,—1947
the
2,084,279
♦Calculated
Credit
announced that
Aug. 23
on
19,467,502
Co., Chicago, on Aug. 17 offered 5,970
shares of $3.50 prior preferred stock ($50 par) and 11,940
shares of class A common stock (no par) in units consist¬
.
$
profit taxes
Other railway taxes-ii—
♦Earns
President,
Rosenthal,
York, the Bank of America of California, and The Marine
Trust Co.
of Buffalo, whereby that group of banks
would lend to
Citizens from time to time, as the company needed the funds, an ag¬
gregate of $1,500,000. Borrowings under this credit would mature on
July 31, 1951. The Interest rate provided was 2%% per annum or at a
rate per annum l Vs -Yo above the rediscount rate of the Federal Reserve
Bank of New York, whichever was the higher rate, but not to exceed
3% per annum prior to July 31, 1950 and not to exceed ZVa% there¬
inc.
dwyexcess
railway
L.
5,751,243
of New
Co.
■/
$
21,034,725 187,081,574 173,210,886
$
Gxe«»
full redemption price, with in¬
the
Citizens Utilities Co*—Arranges $1,500,000 Bank
Richard
Harris, Hall & Co.
TO
$5,000,000 of Debentures—
called for redemption on Oct. 1, next,
gold debentures due in 1S58 at 102
payment of these debentures will begin on
18
additions
Pwiod End. July 31—
U." S, & Canandian
YEAR
AND
Immediate
company had concluded
annum,
FOR
</
#
-
outstanding 5%
when holders may receive the
31,
4,392,249
corp._
Commercial
The
(lA&c), bid. 99.079 for 2%s.EARNINGS
<
outstanding amount of debentures to
$17,000,000. A total of $3,840,500 principal amount was called lor
redemption on April 1, last.—V. 167, p. 2786.
G. Becker & Co. Inc., Gregory
& Sou, Inc., First of Michigan Corp., Hirsch & Co., Wm. E. Pollock
te-COi Inc., Freeman & Co., Julien Collins & Co., McMaster Hutchinso»-& Co., Mullaney, Wells & Co., Alfred O'Gara & Co. and F. S.
Yantw & Cq., Inc.
v
Proceeds will be used to provide for the following new standardgangt railroad equipment estimated to cost approximately $5,519,806;
tw,ftr 1,000 h.p. diesel electric, switching locomotives; five Type 2-6-6-6
locomotives and 950 70-ton all-steel hopper cars.
Aug. 24 on a bid of 99.40.
Aug.
on
of its
terest to Oct. 1, 1948.This action
will reduce
offering were A.
was awarded
company
Interest.
Aug.
plfciip were^reoffered; subject to. ICC authorization, atto yield from 1,70% to 2.75%, according to
maturity.
Th» issue
net Interest
1948—7Mos,-kl947
' '$2,188 -j $203,351
$360,992
10,543,441 { 73,370,205 j 75,919,569
$16,347
9,016,201
Cities Service Co.—Calls
prices
the
a
1948—Month—1947
1- *
—
passengers
$5,000,000
Chesapeake & Ohio Ry.—Equipment Trusts Offered—
Halsey, Stuart & Co. Inc. and associates on Aug. 24 were
awarded $5,500,000 2%% serial equipment trust certifi¬
cates, due $550,000 annually, Sept. 15, 1949 to 1958, in¬
clusive.; The certificates, issued under the Philadelphia
In
99.253,
•
,
were:
168, p. 644.
The
Associated
bid of
a
on
sale
Ry.—Earnings—
July 31—*;
profit
Revenue
possible.
as
25
1
-
the
at
22,361,114
527,918
System,
fxd.
oth.
Misc.. income
1943
Net
NOTE—'For
k,<
Halsey, Stuart & Co. Inc.,
99.126 for 2V4S, Harris, Hall & Co. (Inc.), 99.52 for 2%s, and Harriman Ripley & Co., Inc. and Lehman Bros. Jointly),, 99.482 for 2%s.—
V.
168, p. 543.
..
Av
..^V:
.
/ v
V
before
♦Earnings per shar^ for the six months ended June 30, 1947
prowling for contingency reserve were $1.96.-fV. 168, p. 148* n<\
Aug.
2.40%.
received
bids
Other
$2,917,123
$1.94 s ( *$1.78
share
awarded
was
about
of
cost
$3,186,968
earned, surplus—
to
commqn
equipment trust
2J/4%
$3,420,000
of
Salomon Bros. & Hutzler and including Drexel &
Co.; Union Securities Corp. and Stroud & Co. Inc.
The
certificates mature March 15 and Sept. 15 from 1949 to
2,226,664
——————$3,186,968
Income
Net
100,000
by
The
'
of
amortization
and
Chicago, Rock Island & Pacific RR.—Equipment Trusts
62,781
.
depletion
1948
in
Offered—Offering
$5,291,600
214,967
2,179,225
(est.)
and Canad. income taxes
U. S.
—
depreciation,
for
reserves
$40,001,076 $40,602,468
-
-
T
certificates series B was made Aug. 26 by a group headed
$5,506,568
$5,425,037
——
-
sinking
on
Provi for
*
278,750
138,421
7,500,000
3,324,196
24,364,761
and $4,165,854 in 1947.
tRepresented by
shares in 1948 and 300,000 shares in 1947.—V. 167, p. 1255.
$25,792,301 $23,538,028
20,526,159 18,246,427
profit
Operating
Nati of
selling,
•After
1948
-
-
——
sold,
Cost of goods
—
$5,241,892
\& Subs.)—Earnings—
Ended June 30—
6 Months
Net
Total
to
Gas
other
&
Int.
nental
Central & South West
Certain-teed Products Corp.
933,938
180,000
219,715
2,500,000
3,324,196
18,215,458
Deferred
income
377,570
—Julien Collins &
Def'd
Net
f
gas
properties without recourse to other assets
purchase obligations
l'oyaities, deposits (net of taxes), etc.
fConvertible preference stock, no par value
Common stock
($1 par value)
Earned surplus
—
—
3,176,380
2,737,522
490,393
413,165
debt pay. within one year
payable on
Portion of long-term
4,592,269
gross
income
2,349,290
4,563,552
5,833,832
5,865,126
688,590
909,075
income—
income
Gross
$1,461,860 $1l.jj29.319
$1,723,373
revenue
oper.
ry.
1948—7 Mos.—1947
1948—Month—1947
period End. July 31—
19,845,072
185,425
Earned per common share
—V. 1C8, p. 543.
$1,179,361
1,933,882
5,936,668
105,772
Inc.:
Consol.
$1,497,199
—
taxes
income
4,498,021
deducts
Administrative
18,036,354
15,239,358
242,489-
liabilities—*—
and accrued
payable
Accounts
Federal
1,296,322
1,581,425
27,539,185 115,677,250 105,989,052
38,954,471
31,938,828
7,725.830
25,924,633
30,495,960
6,802,441
4,726,121
6,405,683
1,411.994
7,793.881
8,140,332
1,880,744
7,488,469
5,619,178
2,306.307
5,756,006
6,216,554
1,475.201
V'
Columbia
LIABILITIES—
Pennsylvania—Earnings-
Central RR. of
taxes—
———.
income
Bal.
1,500,000
1,867,609
490,925
$40,001,076 $40,602,468
Total
,
7,378,214
1,889,172
1,957,851
depl._
''J'-, vs
998,799
15,838,332
305,694
properties
gas
&
Gross Income r
16,827,415
etc.
Prepaid expenses and deferred
Federal
8,706,529
—
,
$
$
27,307,534
—L—
per.
1948—12 Mos.—1947
$
inc.
other
Other, taxes
$0.31
1,000,000
1,930,079
581,801
"
cost)
tat
Investment,
-
——
—
-
&
rev.
Maintenance
1947
$3,225,733
,
(commercial paper)
securities
Short-term
•$221,010*$lll368,899 *$1,618,775
*$103,087
-----
$0.55
~
Cash
♦Oil
♦Deficit.—V. 168, p. 643.
Gas
purchased
Operation
807,156
JUNE 30
SHEET,
BALANCE
10,963,676
220,084
$1,488,402
1948
$2,518,956
share
common
per
ASSETS—
gross
221,892
Gross
(& Subs.)—Earnings—
1948—3 Mos.—1947
Subsidiary Companies:
$2,295,558
450,000
333,751
Industries, has been retained
163; p. 740.
Hoosier
of
Columbia Gas System, Inc.
457,268
$2,080,975
150,000
832,911
profits
—
preference stock—
stock
security
and
income
Net
Jersey—Earnings—
Income
President
Corsbie,
105,854
Dividends
Receivables
from
Deductions
P.
$1,975,121
security profits
on
General Manager of the Indiana plant.—V.
$1,746,402
258,000
(net)
Dividends
income
Gross
as
Prov.
1^48—Month—1947
1948—7 Mos.—1947
$3,623,477 $3,209,919 $24,524,010 *^1.354,408
-130,406
-301.840
2,461,240
2.361.28
Period End. July 31—
Operating
prolits
^
Central RR. of New
A
Lee
$2,415,121
440,000
taxes
income
production,
oL
charge*
in
burning models will be produced there, Mr. Coleman said. : •
$1,289,134
230,321
& security profits—
taxes
before
Income
Security
Northern Development
./ -V;
■,
-11
The New York P. S. Commission found that $10,000,000, equal
to
$40 per share on fhe Central New York stock, was not an unreasonable
price for the Northern Development stock/—V. 167, p. 1804.
Hudson.
Centeal New York.
to Niagara
in:,
for Federal
Provision
0Ut£t8"d^gN"kar®s
Central New York,
Pf.!^
then will be merged
Fed.
bef.
Inc.
additional shares (no
250,000
issue
Ind.,
___
$2,034,800
Indiana Factory-
Vice-President
18 announced that this company has purchased the La Porte,
lactory of Hoosier Industries, Inc.
v;
complete line of automatic water heater3 In both oil and gas-
Aug.
121,50&
39,545
Coleman,
Period End. June 30—
Power Corp., pareDt of the
will sell to Central New York all the
132,000
Northern Developmenr/s (no par) capital stock.
tarn,
^,<14
234'559
*—
long-term debt)——
(less int. on
income
Other
Clarence
304,307
—r-
income
Operating
Development Corp.
of Northern
Hudson
Niagara
;
7
.
1947
7 "
$4,392,329 $3,205,400
^
1,477,598.
1,094,907
expenses—
Depreciation
Depletion and amortization
Dry hole expense
Other operating charges
Corp.—Merger—
Central New York Power
The SEC has approved the merger
Into-Central New York Power Corp.
in
to ^ ®uffloieot
of 1948 to yield
part payment of tho-e notes, company Intends
of commoi. stock between now and the end
$5,000,000.—V. 168, p. 740.,
^
j
and
costs
.1948-
•
±
-
—-
Coleman Co., Inc.—Buys
MONTHS ENDED JUNE 30
77
the amount over this
Monday, August 30, 1948
CHRONICLE
FINANCIAL
on
preferred
subsidiaries.
int.
124,309
stockholders
92,886
705.686 & 8,514.585
778,675
134.371
2,020,435
1,839,727
28,033,132
7
8,468,378
!
1,729,496
at
Nogales, Arizona, to natural gas, which it was anticipated would take
place seme- time in December, 1948, made it probable that increased
gas consumption at that property would involve expansion of the com-,
pany's facilities in its gas department at Nogales.—V>,168, p.; 148.
?. Net income
V.
168,
p.
1,983,945
740.
32,020,824
7,-'A J
Volume 168
Number 4729
THE
Consolidated Edison Co. of New York, Inc.—Output—
The company on Aug. 25 announced that System output of electricity
r
184,490,000 kwh. for the corresponding, week
of'4.0%.—V. 168, p. 741/v/
increase
/.'j
;
Consolidated Gas Electric Light &
of
last
year,
;U
&
FINANCIAL
Dan River Mills, Inc.—Earnings—
•
7
<electricity generated and purchased) for the week ended Aug. 22,
1948, amounting to 207,800,000 kwh., compared with 198,600,000 kwh.
for
the corresponding week
of 1947, an
increase of 4.7%.
Local
distribution
of
electricity amounted to
191,700,000 kwh., compared
•With
COMMERCIAL
V
o
Net
of
cloth,
yarn,
income
;
income
Materials
v/'V.;
oper.
Steam
revenues—
heat'g
oper.
rev.
supplies, manufacturing, selling,
expenses
i
admin,
Provision lot est.
>:'.1948—12 Mos.—1947
Net
expenses
amort
Taxes
_———
Other
$2,611,932
139,709
„$2,386,890
Operating income
i131,433
income
$7,934,129
income
Gross
&
Other
$2,751,641
$8,544,165
2,314,679
1,861,775
635,498
r
/;
deducticns
Port'n of the postwar res.
33,333
f
•
,
-
33,790
,
,
.130,418'
>
.
,
i
account. (Cr)i -
come
income
Net
Zarn.
—V.
per
-
31,847
354,592
$1,931,345
$2,234,209
$6,453,659
$7,969,138
$1.38
——
$1.64
$4.43
$5.73
share—
com.
.
for
Period End. June 30—
Gross
Kelley
In
ratio
l>e
of
share
each
made
declare
stock
common
the
President,
Anderson,
the trustees to
for
of
of
This
dividend
will
call
the
on
the
for
Trust.
on
New
Pay
Federal
intention
the
and
Will i
of
date
of shares
to
have
own
declaration
of
the
the
names
Trust
stock
tion
he
also
be
As
obsenes
dividend
of
and
registered
now
checks
that
in
the
for
of
names
the
in
record
their
date,
cash
adjustments for
shareholders
of
record
•
the
asset
.SU.*-
■
:
30,
value
•-.•j!
'■
.
;/V: •*
Consolidated
r-'..''"V
Vultee
Aircraft
.
•' •
■
will
:
i-., .....
Corp<—Heduces
>
The
there
of
'",4.- '
'
,V
Consumers Power
The
200,000
ferred
stock,
troit Stock
-;
•
V'
<•
J
J-
£•
Co.—Listipgr-:
frV*
- T>
J-
and
N Y.
Registrars—Jackson
City Bank & Trust Co., Jackson,
City Bank of New York, New York City, N. Y.
7~ COMPARATIVE
Period End. July 31—
Gross
revenue
Operating
Provision
for
Amort, of
General
Int.
Other
debt
Net
income
36,211
Cr60,185
—-—
$386,231
Alstyne
See V.
Noel Corp.
the
of
offering of 300,000 shares of
the
books
stock
common
have been
of
in
the
additional
this
The
securities
by mail.
It
Commission
Aug.
of
most
the
sales
Cincinnati.—V. 167, p. 1468.
sear
a
had
been
Sloan
/./ ' //7 //, 'd;
Zook
&
July
the
31
corporation
additional
net
less
date.
2%%.
borrowing
than
All
A
and
up
S2,500,000
will
notes
of
of
$5,000,000
is
to
fee
be
by
of
until
July
31,
one-half
the credit.—V.
of
July
31,
1S49,
before
1953,
and
1%
shall
the
vices
and
in
Sell.,
and
Bonds—\
All
Oct.
and
of
.V
July
2,
mortgage
operating income.
the
income
21%
Deep
Rock
167, p. 2577.
utility
of
the
1947
operaticns____ -14,886,793
15,777,144
/
187,792
-
5,445,483
of cap.
stk.
4,500,299
11,464,638'
8,395,114
7,823,633
1,345,274
3,641,004
$1.39
$1.64
'
declared—_i
or
15,964,937
9,740,389
«
__/
sh.
per
-
(6,397,430 shs.)
'
-
.
market
for
National
The
Bankers
transfer
Bank
of
/y /
', ; -
-
the
City of New York
stock, $10 par value.-
common
has
_
ap/,.
been
Trust
agent
168,
Co., New York. N. Y., has been appointed sol»
dividend disbursing agent for the
common stock.
and
645^
Eaton
<
_ w
& Howard Balanced Fund—20-Cent
Distribution
The trustees have declared
Sept. 25 to stockholders
bursed
Sept.
March 25
on
25,
cents
dividend
3947,
was
and
while
'*■
of
dividend
a
record
payment
maae.—V.
of
all
of
the
Oil
Corp.
Sept.
this
on
June 25,
Dec.
on
24,
•
1947
a
per share
amounts
March
on
payable
constitutes the
Like
year-end
25,
66th
were-dis¬
June 25
distribution
and
40
of
•
:/'//////:;'
-•
? :,v... yt'x-e- 'V-'-.:.;
-•
■>' '•
Fund—Distribution of
-
El Paso Electric
Co.—Earnings-
Period End. June 30—
Operating
Operation
$437,027
J
Maintenance
Amortiz.
2,159,298
1,831,939-
19,984
264,074
26,667
330,000
"V 3,355
286,913
310,00(5
franchises
income
Utility
149,121
24,555
1
273
44,317
38,000
taxes—
income(net)
oper.
Other income
285-
-
taxes
Federal
Gross income
Total
income
1948—12 Mos.—1947 •
$383,972 1 $5,095,762
$4,520,205
28,333
—
of
,
203,256
Depreciation
General
1948—Month—1947
revenues
37,240
$98,281
2,787
527,026
540,014
39,260
422,853
378,154
$111,4221,934
$1,271,994
$1,287,559
44,420
;21,407
$102,202
$113,357
$1,316,414
$1,308,966
15,477
15,781
182,818
277,764
$86,725
requirements
$97,575
$1,133,596
$1,031,202
3,920
—
deducts—
ACCOUNT
Preferred
1947
1946
-
.
v
1945
■
$6,974,332
,x"
$5,816,185
vy;-
,
-i
486,872
449,679
367,135
Cash
$68,550
180,699
164.146
>
249,592
244,388
237,745
investment
81,183
94,800
221,735
150,020
232,653
$1,640,089
$789,829
$582,931
63,198
50,198
35,998
$1,614,638
5,135
$1,708,287
14,931
$340,027
$618,929
23,366
79,820
422,000
498,097
201,400
14,000
16,500
6,600
72,975
1,651
'
*Crl4,278
$1,173,503
$1,178,639
$602,661
$478,751
335,447
335,441
134,172
134,167
of unused
24,175
excess
profits credit carry-back from'
"
'
and
receivable
on
hand—
.
'
]
.
—
605.332
—/
(from
assets
charges—
i-f "
"
1,163,945
23,875
28,875
4,060,310
3,618,738
42,709
51,813
officer)
f
.Total
$7,447,672
the
Aug.
on
24
said
it
was
and
company
issue to a
the
market
told
the
of
and
in
arrangements
were
sell
that
the
that
best
El
a
$56,000,000
companies.
The
El
permit
cubic
of
Canada
and
would
daily.
six
the
of
financing and
question
are
the
Co.,
Sept.
on
insurance
that
Life
stock¬
8.
Equitable Life
Mutual
Assurance
Insurance
the
Northwest
Mutual
Life
Co.
Insurance Co.
.'.
not
in
favor
I
case.
gone
am
so
;
....
,
.
of
competitive bidding under any circumstance*
opposed to It," Mr. Kayser replie4.
absolutely
far
toward
rupting and embarrassing.
good
increase
to
show you that you would save
money by offering the
competitive bidding, would you then favor competitive
asked William S. Youngman Jr. for Halsey-Stuart.
have
in
its
begin
at
bidding?"
am
to
could
we
this
it
feet
with
Milwaukee.
"I
offer
hopes
York, Massachusetts Mutual Life Insurance Co., the Sun Life
securities
"We
Paso
offer.
Paso
completed
means
companies involved
Metropolitan Life Insurance
Association
in
accept
to
Insurance
require
$36,000,000 in 3'/4% 20-year first mortgage bonds,
3'/a%
convertible
debentures.
He said
this
ar¬
insurance
New
of
to
Commission
rangement seemed to be the best
holders would be asked to decide
Society,
committed
was
group
Commission
Nov. 1 of facilities which will
the three states by 180,000,000
private
to take
$20,000,000
by counsel for Halsey, Stuart Si Co. Inc.
Chicago, he told an examiner for the Federal
of
open
had
by
to
flow
said
it
•
in
companies
647,243
1,217,027
asked
Kayser
gas
"If
June 30/48 Dec. 31/47
$1,496',419
$1,004,334
(net)—
Financing Plans—
company
for
his
debenture
construction
:
$13,379
1
Mr.
the
of
-
receivable
•Fixed
-
bankers
had
securities
The
r-
the
bids
examination
cross
Commission
and
He
tax--—-
income
fNote
$37,554
bond
r
surtax
banks
Under
bankers
income-s
of
competitive
financing his concern's proposal
to increase its gas flow to
California, Arizona and New Mexico.
'/ 171.131
90,123
President
ask
to
106.853
$1,577,534
37,104
dividends-.,
in
Kayser,
late
Power
income
Accounts
El Paso Natural Gas Co.—Gives
Paul
94,151
.income
67,501.
$963,701
•
4,150,337
costs—
67,500
Balance applicable to com. stock and
surplusiv $1,066,096
—V. 168, p. 45.
'
^
5,063,595
y COMPARATIVE BALANCE SHEET
Dr31,006
dividend
——Years Ended Dec. 31—
v
$9,957,897
*
income
faith
be
$6,521,508? * time left/'i 4
at
the best
impossible
*/• *J
to
closing this deal that It would be dis¬
I have gone out and qiade these contracts
rates
I
change
possibly
now
to
could.
In
competitive
1
-•/. *
%
10 Cents
The trustees have declared a
dividend of 10 cents per
share, payablb
of record Sept. 15.
This constitutes the 68th
consecutive dividend payment
by the Fund. Like amounts were paid on
March 25 and June
25, this year, and on March 25, June 25 and
Sept.
25, 1947, while on Dec. 24 a distribution of 25
cents was made —V
168
p. 448.
///v.;.
Tulsa,
of
cents
This
Sept. 25 to stockholders
out¬
79%
20
15.
last, and
refinery
of
of
stock.
168, p. 645.
/*:
the
7,031,626
'
4,267 ,/
*
-
Corp.—Registrar Appointed—
Chase
135,637
*Due to application
1945.
$108,798 "
„
company's-
47.87©
299,073 ;
p. 742./•
1
leaseholds
364,642
$89,699
168,
~V-
the
$433,201
23,367
the
1948
Balance, surplus
Net income
—V..
Net
liability
Net
330,750
,
from
paid
issu¬
.
other deductions
dividends
30,121
normal
aud
Cash
$439,548
.".I
is
■'>
income
Cash
too
deductions
:
Deferred
^-V.
change
that
Adjustment of 1943 tax
1947
$113,066
Net
wider
a
purchase
the
.
Inventories
Interest and
not
board
in¬
ASSETS—
Net
:
-———
income
State
due
1348
Non-operating income
own
'
company
June 30.'48
ser-
income
Income
Cumberland Gas Corp. (& Subs.)—Earnings—
Operating expenses and taxes
of
they
_____
admin.
than
oper.
Federal
*
,
1943,
——
dry hole
Other
Co., 207 West Market St., Louisville, Ky.—V. 159, p. 1292.
30—
does
the
any
1989, have been called for redemption on Oct. 1,
next, at 100
interest.
Payment will be made at the Liberty National Bank &
12Months Ended June
Operating revenues
by
234,912
and
Net
Calls
bonds
and
and
Total
registered -3%
dividend
provide
to
$6,796,175
income—,
Surrendered
tax
income
Derby
Depreciation
//.
outstanding
will
agreed
taxe3
Depletion
1,
Trust
}
•
■
the
46%
July 31—
Eaton & Howard Stock
the
stock,
On
other
which
on
—
stock
believed
4,603,971
gen.
come
167, p. I363i
Cumberland Apartment Co., Louisville, Ky*
is
6 M03. End.
expenses
expiration
interest at
bear
be paid
the
it
'
Taxes,
of
partially
shares
/
//'?:/■ //-?
down
President, said the pro¬
capitalize
the
earned
surplus.
COMPARATIVE'INCOME
credit agreement with the
Manhattan Co. to provide for
taken
reported that
residents and that
'•'•/j'/'/--'•
Zollfer,
Okla., exercised an option whereby It acquired approximately
the outstanding stock of The Sloan Si Zook Co
its
the
to
mature
commitment
unused portion
amended
the Bank
E.
in its permanently controlled crude oil supply to meet
increase
Crown Zellerbach Corp*—Bank Credit Agreement—•
On
Bankers Trust Co.
Brown
' ~* •"
-
.
income
consecutive
H.
received a call on 21% of
that corporation's daily crude oil production.
This transactions mate¬
rially strengthens your company's crude oil position by reason of the
►
,
it
closed
cease
made
carry
which
program
stock.
company
the corporation.
13 issued
common
purchase and to pay the balance on its former bank
borrowed $2,500,000 from a group of Mid-Western
banks, including the Fourth National Bank in Wichita, which bank
will service the loan.
Concurrent with the purchase of 21%
of The
charging it with selling unregistered
company,
said
on
Mr.
pointed registrar of the
tills
the
Gross oper
Cost'of sales
Ohio State Securities
*
Eastern
agreement has been received and indications are that
100% completed in the near future.
To provide
Inc./ Fort Worth, Texas--Stock Sales
order against the
authorized
Of
company
by the
for
funds
loan,
forbidden—
desist
the
shareholder,
|
Co.
Oil
to
of
of
should
for
stockholders,
168, p. 741., V
Crader
funds
expansion
income—
Net
note called the
one
the transaction will be
$789,534 $11,351,879 $12,325,032
that
construction
corporate
income_____j__„15,185,878
Deductions from income
-
Aug. 24 voted a stock dividend., of one-half; share
share outstanding, payable 'dept. 30 to holders
contingent on approval by stockholders 'of
a
general effect
any
June,
covered
$994,955 $13,892,405 $14,790,226
205,420
2,540,525
2,465,193
announces
and
per annum,
standing capital Etock of The Sloan & Zook Co., of Bradford, Pa.
On
July 1, a substantial block of ihc stcck was acquired at the option
price of $32.44 per share.
Since that time practically all of the stock
Continental Motors Cwp^—Stock SoldM
the
Balance,
six-year period beginning,-
a
Borrows from Banks—Acquires 21% of Sloan & Zook
168, p. 644.
Van
over
dividend *will
requirements.
on
this
says
of
—
24,
to
stock
In
8,568,993
$705,477
stock
issuance
*
*'
$ ■ /
..r. • • •. J ' '
operations——— 113,052,104 100.372.91G'
Operating expenses
66,142,794
53,934,532.
Maintenance and repairs
10,741,736
8,910,218
Approp. to retirement (depreciation) reserve—_
7,970,000
7,120,000
Amortization of iranchiscs .and elociric
plant
acquisition adjustments
429,079 ' /
454,139
Taxes (other than income taxes
"
9,553,693
9,271)880
Provision for estimated Federal
income taxes—
3,323,000
4,905,000
473,520
approval of the increase and payment of the stock dividend,
the earned surplus would be debited with an amount
equal to 134,171
shares at $8 a share, or a total of $1,073,372; and the common stock
account
would
be
credited
with
$1,073,372, the aggregate amount
of the par value of ttrt stock issued as a stock dividend.
and
280,753
—
pfd.
cn
Chairman,
$4,184,839
On
7,347,208
170,097
3,713,412
'
(3,912,134
17,771,758
-
sufficient
the
approve
company's outstanding stock.
Months Ended
.
stock, Mr. Zoller added.
$1,309,333 $17,808,682 $18,617,679
287,516
4,044,125
3,458,859
37,354
436,075
448,259
Crl0,493
Cr563,923
Cr79,664
345,428
debt,
Balance
-V.
300,000
791,822
$1,307,685
disc., etc.
deducticns
Dividend
855,468
—
long-term
of
7,965,333
25,000
-1-
taxes—j
Income
on
629,750
25.000
Brown,
$100,000,000
Michigan
are
the
*•
each
increase
letter
equity of
INCOME ACCOUNT
688,083
)
income
Gross
•
deprec.—
on
for
While
1948—Month—1947
1943—12 Mos.—1947
$8,508,920
$6,019,778 $83,580,697 $76,221,717
3,632,683 ' 3,263,872
45,822,789
37,804,327
plant acq. adj.
taxes
Federal
Amort,
7
—
expenses
M.
the
on
meeting
of
Other
note"
Sept.
posed
New
Mich.,
12
Derby OU Co. below.—V. 168, p. 741.
directors
a
ance
Mich.,
1949
stockholders
Gross earnings from utility
special
In
,
Jackson,
the
to
CONSOLIDATED COMPARATIVE EARNINGS
& INCOME STATEMENT'
•
meeting will be held Sept., 15 to approve an increase
from
500,000 to 1,000,000 shares.
The
number
of
common
shares
to be /outstanding on approval of the stock Increase would be
402,654
shares par value $8 each.
York,
National
also
record
A
shares of issued and outstanding $4.52 cumulative pre¬
without par value, was admitted to trading on the De¬
in
>
;
Gioss
Mutual
recommended
,
•
Exchange on Aug. 26<
agents—Company's office
Transfer
•
N
;
-
.
the
At
shares
one
common
of
were
V''• •
in
stockholders
Derby Oil Co.—50% Stock Dividend—
:
Bank
June 15 repaid -'$7,000,000 cf notes and on
$11,000,060 cf notes outstanding under the credit
/been granted.—V.;167, p, 2G83.
late
The
April 30.
It also was revealed by* the corporation
cptions outstanding to purchase 74,841 shares on
June 30, a decrease of 355 shares since Nov. 30.The reduction is due
to the termination of employment of a person to whom an option had
there
653,268
$3,817,903
If
underway.
167, p. 2634.
See
dated
agreement
that
136,012
$1,021,525
debentures.
,
until
.5,
on
were
:
843,560
164,067
«
-
at a meeting here
Aug. 20 authorized the officers
meeting of stockholders this fall for the purpose
approving an Issue of approximately $46,000,000
debentures,
Prentiss
provide the company with
$4,658,353
$833,058
>
and
these
$5,501,919
863,872
special
convertible
charges!
$4,474,177
$1,157,537
'
income.—;
The
corporation
•
30
$997,125
$5,338,050
::
$6,521,508
tal stock of Sloan & Zook Co.-
Xoans—
June
216,348
2,195,038
$5,000,000 matures over a 15; Dormitzer Electric & Manufacturing Corp.—Stock Ofyear period, beginning Jan. 1, 1955, with the final instal¬
ment payable before July 1,
1963, at a rate of 3V2% per / fered—Schirmer, Atherton & Co., Boston, on Aug. 25 of¬
fered 67,000 shares of common
stock (par $1) at
annum.
Of the money $1,400,000 was used to
$3.25
repay bank
per share.
Proceeds will be used for
notes issued under an agreement dated Dec.
working capital.—
23, 1946,
V. 168, p. 742.
and $8,235,705 was used to acquire
253,875 shares of capi¬
declara-
•••-■
-Net-
"Penn
•
.....7.C
-.
$1,373,835
297,944
*
329*,08i
.
$7,447,672
directors
a
i
(less reserve)
deferred
2,147 862
329,085
3,033,144
—
for depletion and depreciation of
$4,552,948 at June ■'
and £4,331.010 at Dec. 31, 1947.
fSecured by 3,500 shares of
considering
1948—12 Mos.—1947
$1,295,069
chg3.
"bank notes" mature
1948,
■>: ':t
——J
fixed
July 1, 1949/ at 3%
of
-
The
call
insurance company providing for a loan of $10,000,000.
Six notes aggregating $5,000,000, designated
Consolidated Investment Trust reported total'
$26,816,487.' The proposed dividend, to be paid,,
out of
profits derived from the sale of capital assets, will corre-jspondingly reduce the net asset value available for the 1,005,160 shares
•f the Trust.—V. 167, p. 1042.
1
net
622,644
545,410
incomo
and
wish
fractions
on
income
other
s;
taxes
2,147,862
;
-
reserves
1S48,
:
Deep Rock Oil Corp.-—Places Loans Privately—-A note
was entered- into on .June 30. with, six banks
owners?
who
names
•
cost
b,i66
j Detroit Edison Co.—Financing to Amount to
$46,000,000
.
agreement
/'//i/v/v-//<,
-
June
ox
not
v
shares .of
United Merchants stock registered in theirshould present their shares
of Consolidated Investment
for transfer before the declaration date.
In this connec¬
issued
tloa -date.
the
of
Trust
1948
share)—
20,518
»,^9
134.179
per
594.000
133,995
,
company's capital stock.—V. 167, p. 2787.
750,000
$7,168,345 $31,603,166 $27,872,198
4,135,524
19,501,330
15,623,424
471,309
2,030,418
1,961,874
499,528 7 2,246,118
1,983,730
683,100
2,487,250
2,801,200
4,967,651
V 506,424
5
Preferred" (Uvidendsa—
—V.
approximately 300,000
shares
of
United
Merchants
stock
which, based on a closing sale
price of 15 y2 on Aug. 20, has a market value of $4,65O,O0O,T Including
36,000 shares recently received as a stock dividend, Consolidated In¬
vestment
Trust holds 396,000 shares of
United Merchants common
Stock.
: '■' 'v';.':
/:///
Mr. Anderson states that, as there will be no lapse of time between
the
&
Net
the mean high and low i
York-Stock Exchange on /
distribution
maint.
income
Gross
Int.
for
adjustment
J777-7.- '■
:
SHEET, JULY 4,
$7,937,199
for
in
stock
Merchants
Cash
of
payable
Inc.,
30,
-V. 112,500
1948—3 Mos.—1947
income
deprec
Taxes, oth. than Fed. inc.'
/
is
United
based
shares,
it
that
of
Investment
for United Merchants
date of declaration.
>
:
about Sept. 10, 1948,
and Manufacturers,
or
share
a
Consolidated
fractions
en
Merchants
prices
the
states
dividend
a
United
of
three-tenths
of
etc.,
rev.,
Operation
Consolidated Investment Trust, Boston, Mass.—To
stock
stock
common
$8,229,463
—
depreciation), $18,323,756; investments, at
special
funds,
$4,000,000;
prepaid
and
Provision
O.
778.3^9
w
—
^
After
-
Dayton Power & Light Co, (& Subs.)—Earnings—77
168, p. 447,
Dividend in United Merchants Stock—
taxe3
surplus——
Total
■
total, $45,417,837.
Represented by: 4'/a%> cumulative pre¬
ferred
stock,
50,000
shares,
$5,000,000;
common
stock
(1,500,000
shares), $7,500,000; earned surplus,
$31,861,450; reserve ft>r contin¬
gencies, $1,056,386; total, $45,417,837.—V. 166, p. 1577,
192,128
\
31,310
_
.
5,000,000
$745,535;
,
21,636
t
lncome.i.-:-.j_i.._-.«-..
———7
preferred
on
$87,518;
159,403
-
>
transferred to the in¬
income
$778,466
350,000 ?
28,324 i
,.
672,530
$3,721,438; U. S. Treasury obligations, $3,800,000;
receivable, less reserves, $7,625,604; inventories, $20,771,821;
accounts
payable and sundry accruals, $2,562,929;
renegotiation refund 1945 (net),
estimated, $400,000; reserves for Federal and state
taxes on income, $10,694,905;
property, plant and equipment (less re¬
$9,798,187
505,278
'
./
on
'
Earned
ASSETS—Cash,
prem.
bonds—
on
exp.
$2,568,329
.—
amort.,of
and
and State
$845,319 '
.
—
wages—
Dividend payable Sept. 15, 1948
Common stock (par value of $8
Capital surplus—j—
24,178.960
-
accounts
serve
Int.
taxes
BALANCE
$9,222,278
/■ 575,909
610,035
Federal
7.-—.
profit
Dividends on
$16,843,951 $15,241,907 $67,306,640 $59,896,272
10,806,720
8,767,304
45,376,556
35,876,543
1,210,569
1,332,203
5,304,164
5,472,341
2,439,767
2,530,468 ,- 8.691,791
9,325,110
revenues-
oper.
and
taxes accrued————
Miscellaneous, accrued
liabilioies
and
—•«
Dividends
Total
Operating
Deprec. &
salaries
Federal
$55,516,311 J
and
general
$11,905,098 $10,670,385 $47,119,260 $44,361,235
/-* 4,717,446
4,327,565
18^568,325
14,199,998
220,408-:
>243,957
1,619,055
1,335,039
revenues—
oper.
payable—trade
payable to banks (unsecured)-
Accrued
Wages, salaries and social security
taxes————2—,.—^ - 16,760,359
Provision for deprec. of plant
and-equipment__i„675,000
Poyer Co. of Bait.
1948—3 Mos.—1947
Period End. June 30—
Gas
611
182, 701
—_
State, local and miscellaneous taxes—.
Blcc.
Note.5
Other
Total
an
•
LIABILITIES—
Accounts
7'
1943 >
etc.—$55,333
L
(845)
;
EARNINGS FOR 27 WEEKS ENDED JULY
4,
sales
Other
CHRONICLE
addition
bidding
to
t
la
thi*
/'/ * * >>/
10
ACCOUNT
COMPARATIVE INCOME
——
-—>
r
,XKSLJL%. ISSu'lSf
Oct.
exuire
in the locomotive.
being installed
will expire
Warrants
1948.
I.
will be tested next month before- >'h
being assembled and
■...•j.tv;.first machine
"
.
readied for test, Mr. O'Dair said that all. Auxiliary equipment for the
is
the
subscriptions will be accepted pro rata to
the
over-ou»ow.i-«»»
subscription
;
-
1948—Month—1947
' 1948—12 Mos.—1947
$9,370,033 '
$1,679,996 k: $791,486 $15,875,523
Operating
revenues-—
-3,367,300 V
5,755.003
300,540
605,448
Operation
582,468 f.
1,072,591
50,440
103,564
Net residuals (CO-1— 547,939 1
891.208
42,835
101,789
Maintenance ^ 1——936,150
2,138,098
76,937
266,344
Depr., amort. & depl— 344.235 :
657,898
33,234
04,556
)
Taxes, other than Fed- Period End. June 30—
Monday, August 30, 1948
FINANCIAL CHRONICLE ;
THE, COMMERCIAL &
; a *i i»
y?;., ;//Vk';V.'t'."c-
..
.
.
*
:
"Wet
revenues—
oper.
671
develop, costs
Explor. &
693
.
97,778
i-t
North
cigo—Notes Offered—B. C. Ziegler & Co., West Bend,
Wis., is offering $125,000 evangelical Mission Covenant
Church of America and North Park College and Theo¬
$4,715,747
:
59,910
$7,493,270
12,732
2,881
—
serial notes dated June 1, 1948.
logical Seminary
/fa*-—
Total
Net inc. bef. Fed. taxes
Fed.
w
Net
$598,599
,
taxes—-- //
income
201,559
$377,854 - $6,-7621,177
$4,564,799
22,564
}
1.961,728
$4,800,449
383,198
XT
■V.
surplus
_—-
r,
p.-645V
168,
\-l f.
■
25,625
$348,200
diy. rtqire.—
Balance
'
34,479
$282,034
r
i I
.
^
SCHEDULE OF INTE323T STATES.
-ft : 4
AND PRICES
Maturity— V.'•
1948^-—--—1, 1949™..——^
Dec.
Dec.
1,
I960
Dec.
$4,417,2517 $3,260,622
l;
Boa^t Cq.—Two New Directors—
'! 3
5,000-:
5,000
1951
-
?' 3
v
••
-1,
J, :1953—ii-.:
•:
■> 3
5-.
•
.
•100.50
8,000 i
v
'
100.75
-J <
"
-
first
of
will
located
|
the
units,
the
go-to
at'
'Bend.
.«-f
will'be
which
Indiana
&
Mishawaka,
■
•
delivered
Michigan
Co.'s
'
7
early next
starting
Electric
Ind.,' approximately To
'v.; '•://'"V/i:'- .*/'
'
Branch
Twin
,,
,
**/'
;
miles from ,thq.
"7.
is*.
-
;
'
These
three
electric'Utilities
100.75
comprise
part
of
the
integrated
"
power
W/C.
3Va%
•
_
3%'7c:
10,000
1948 the System input of subsidiaries
to 77,430,000 kwh., an increase of
(tr/lAlf
the corresponding week Of T,st year.,
m-
Corp.
Input-r-
^ Light Corp.—Weekly
For the week ended, Aug. 19,
this
cfcrporatipn amounted
Electric Service
10,000
10.000
^1^00 VK"r9.9^V^
&
,
///:/
Virginia:; This power-station
jointIy owned by The Ohio Power Co. and the Appalachian Electric V ;
Power Co.
-;/- '"V.7"'*"-V ';
.,'7: j///:' -V
V.'V-S
■■
''*'■'/>
The fifth unit is scheduled for the new Tanners Creek
plant .'to be
built hear Lawrenceburg,
Ohio,-by the Indiana & Michigan Electric Co,"
1
'
v.",
://;/
V
T-Three -of the turbine-generators will be Installed at the Philip Sporn
Plant, situated on the Ohio River in'West
-
;
100.50
%
-3V4%
:
Gas
7 city of South
-
*"100.73-
8,000
8v
;Dfec;;TrT954i-.--...-...:-_.-_
'
'
:
The
plant
100.75
-8,,000
-
.
'M-':\l
:<m
American
year,
■->100.50
5 000
.
,
•
100.50
5,000
$8,000
8,000'-
of
3
7ino
"
will
steam-driven units, each with a rated capacity of-125,000 kilowill be installed in power plants in West Virginia,-Ohio; and
Indiana;
Each*turbtae-generator^'wflr supply*"enough/electricity' lot
nearty a half million people, according to G-E engineers'.';1'The,units
will weigh more than 1,500,000 pounds
each.'-\
/'/.
Price
i
population
2,000,000
Five
-
>
of
area
watts,
:
'
Coupon 'h.
$5,000
i——
,
Dec.
Electric Power
the
SERIAL MATURITIES
"*""4 *-4V.'
an
supplied Indiana and the Ohio River, Valley when five new turbinegenerators ordered from the General Electric Co. are installed there by
.
„
light
to
power
be
-•
Amount
v
Dec; 1,
Dep.
Electric
'
I
registrar,
$3,547,649
287,027
•
Pref/stk.
4.
hsuiit ior ivjiav
& Service electric
Corp.Enough
NattonalBaok pf ,Wes,t.Bend (Wis-), corporate trustee a»ti
The First
1,017,150
$307,659
$382,679
—
•
.70.195
215.920
■
income
$4,760,353
823,872
7
127,033
deduc.—
income
$7,586,048
$400,418
$725,632
—V
income
Gross
of America and
Seminary, Chi-
Evangelical Mission Covenant Church
Park College and Theological
'
■
41,136 v
-7,635
—
$387,686
$722,751
'•Balance
Other Income
-
■■
$4,756,882
$7,505,906
$388,379
$723,422
.
'
*■%
■COMPARATIVE INCOME ACCOUNT
.Th?
loeurrid-ifor- u»
•
Period Fnd. May 31—
Notes payable are
Seminary.
Subsidiaries-
transforpiers,
<
till
rfnclfynn/f
iThd horpomtiofts represent that they^rwiU
account rt. Nora ^
■
each
of
...
which
rated ;
are
Vdii/flvi vnHdWA
fenm
X.
three-phase,
V1
kya; aret designed to y&toe- voltage fi-om 15,000"
Wg- - .New Rroduel Announced—.. fiM
5-..'A
Lirlnalonad
pay.
WW
outstanding in-
to
flftn
145,000
•
,
-
imli-e
135,000 volts.
' "
?
:-\-V
mnhlln
tr.l/xx,lclnr>
aanlnn, a«l
mobile televiskin trunlr idcslShed to
nondn'dcfcvn
truck,
carry equipment needed for
relay »f on-the-spot pickups to a7televi6ion
broadcasting station: Kaa ^
beeni announced, by the'
Transmitter Division Of this: 1 company's: Elec-
A
,
'
WW
,
Operating
revenues
Operation
77—J—
___
Federal
Other
taxes
—
i
64,240
256,958
4,348,047
;i7t957j706
oper.
18,463,671
^.7,647,719
'
required.
29,869,373
7-277——- '
(net)
General Mills, Inc.—New Vice-President— "
:
C. Ballhorn;' Comptroller of the
company.'since 1934,
be?n elected a Vice-President.
<
^
.
-•
..
r»5,r«/4AnH
Gordon
'
" 351,1621
,347,098-
8,377^347. 37,206,557
29,522,280
' 681,400.
86,324
89,250
corporation'has filed a cerimcaie ut ^idouiuviuu ^,,.. v..w —
of the State of Delaware, and a first liquidating distribution has
been ordered on each share of common stock, consisting of 0.78 of a
share of Southern Natural'Gas Co. common stock/0178 of a share of'
-Operating income—
^
^
y
.
Other Income
Net
(net)
interest
TOC
A CI
PTOr»
631,996
46,786
28,787
8,424,133
2,306,438
1,698,099
V,MV,06f
7,688,010
6,726,034
,400,386
28,297,989
1,601,544
.JU^OJ.oop.
'
-
-
« ah oqi
q aon cum •
6,531,391
17, 1943.
to be made on Sept.
■-
:-.-xk.
"vhtZZTnl'^referred
.Balance
-
rpfd. divs. to public—.
Pbrtibn applicable -to'
T^nlnority interests
'.jNet equity of
400,386
23,672,289
1,601,544
rominon
344,975
352,068
1,291,780
,«A
($4, $6, $6.50 and
and
sto6k
$7
$7
■
stock
and class A
ano ciass a
series)
Federal Water Service ..qojrp.^and of
have not yet exchanged
1,092,635
UCi imvavco
v*
w»—
...
^.i.„
■
common^Jock of
th^f .certificates
Gas Corp. are
.yww
a.„h
sn)H«M should
entitled to participate in the
corp. in
"
6,935;
"
(as above)—
*
-«i—.
'410
for
7,873
37,971
76,898
354,833
;
193,000
surplus—
' 6,651,945 '"v
unearned,.
190,000
income
—
3,480,778
•.
14,817,595
.
1
12,662,330
income'
140
H 3,674
14,817,735
12,666,004
410
1,799
..
'9,527,
7,873.
..76,898.
354.833
1
lhc
1,341
30,516
.
37,971
80,579;
"
■
—
from
fh-ovlsion .foi'Fed.
*
1
'
;
taxes
U-"Vf *
\
•
193,000
—-—_
Income
190,000_
,
.
3,197,167
———
—y. 168,'p. 742.
:
821,556
.
'
"
3,132,123.
697,429-
i
13,601,576
11,147,381
u
u
Engineers Public Servi.ce Co.—Case-to Supreme Court,
The SEC has asked
coprt decision
of
the
rejecting
Engineers.'
S.
Supreme Court for
Commission
i..
-
t
,
U
a
; v
lulmg
review of
a
the
on
lower
a
liquidation
.^
^
plan
.
f'After preferred stockholders' representatives opposed this
plan, saying
they should receive $105 for the $5 series-and $116 for the $5.50 and"$6
series, the Commission approved an amended plan providing for these
additional
this
and
payments..
amended
Two.common
stockholder
than
$100
stockholders.,
7'The
share
per
'
.
accrued
V/V'/
.
Commission
and
The
SEC
action
jjen.'-Lucilie
appealed
21
this
decision
The
"V,
•
sometime
and
the
Circuit
hew
the
plant for
Baltimore
the'high
168,
p.
qourt probably
*
344.
;*
'■
process
(Md.)
marketing
large scale
wili
refinery
affiliate
production
into
go
of
production
of
of
this company,
Standard Oil Co.
-
,
The
Jhe
corporation
right
These
With
the
to
is
offering
purchase
shares
warrants.
are
offered
to
of
its
stock
in
units
to
/
and
...'/
/^ -
167?
if/
record "Aug.
common
:
-
j
26
stock
■"
shares of common stock and a
common stock purchase warrant which
Entitle the • holder to
purchase three shares of common stock
«t $2 per share.
...
•,/.. ..;
■.
■//.-.■:
;/■
Each stockholder
may subscribe for. any number of-the "total units
offered and may
assign his subscription rights once. In the event of
_
.-
-
companies
the
x-u-
•
nco
—i/ipnaiiriicr
are
-
agents
,as. a
cost-of-living
BLS
the
:
made
in
December,
15.—V: 168,
based
the
on
BLS
consumer
645.
p.
General Public Utilities Corp.—Weeklv Ontnnt
-
The
electric
authorized to ,do business;"..
^
—
.
hftvi! 'lipeiv D8id'
On'the
years
1872 and 1907—V. 168, p. 443.
Firestone Tire & Rubber
r
/,
/
.
•"—.• •-"i
is
proposed
Co.—Partial Redemption—
.
E; -N.
Hume,
Commercial Vice-President, has
Argentine Ry; Accepts Final Design Drawings
Diesel'-Electric 'Units—.
' i :,x '
<
of G. E.
>
& Lumber
Bellingbam
Plywood
-
V,' • ;i/:'■*
oper¬
E. F.
O'Dalr,7tMn'sportatioh""speciailst for the Ihterhational General Electrjc
The loqomotives are being built in three types-to cover unusual
ating conditions-found-on-Argentina's railroads, according to
;'
,
•/
w^--»-r,
.*
Largest of the three types will be 23 twin-unit, 2,000-horsepower
locomotives designed for operation in the Andes.
Each cab will, contain
a 1,000-horsepower diesel engine, which will power 12
motor axles. .» x *
For operation on the
plains, especially in the ^icinity of Buenos
Aires* another, twin-unit type will be built which will be identical . with
v"
-
■
the first type but will have eight motor axles and one idle "axle in the.
center.
Twelve of these locomotives "are to be built, according to Mr.
O'Dair. '/./■
/
:.
,!'
/-'>
locomotives which will,
have two units nominally rated' at* 1,000-h. p. each. These also will have
eight motor axles but will" differ from the "Other "types in that they
will be powered by two 500-h. p. diesels in each cab,
; All 65 locomotives are being constructed at the Erie Works of the
General Electric Co.,'where the first diesel engine already is being
The remainder pf the "order will consist of 30
'
2n
f 5"
'
°fr
t
" ■'
•
f ■«
Corp.; Into the Washington Veneer Co., giving *
stock ownership in. Wishington Veneer. After the C
Georgia-Pacific 65%
merger
^fasbiington Venetr Co. will
own three Douglas - Fir plywood which together with its
subsidiary ply¬
Oregon, will give jt a total annual production of 276..
square feet pf plywood.
V "The first step in this procedure will consist-of the
retirement of
Bellingham preferredstock for "cash and the
exchange of BeHingham^^
minority common .stock for ,16,388 shares- of Georgia-Pacific
common,*
plus 3,069 shares of Georgia-Pacific $2.25 cumulative
plants
Washington' State,
in
wood
plant
in
million
,
preferred stock,
per share)." Mr. Cheatham added:
"The Belling-then wili be merged- into Washington
Veneer, for which
parens company will receive an additional 30,000 shares of Wash¬
ington Veneer common, which would increase Its present 51% interest "
to 65%.
(stated
ham
value $45.00
company
the
"These steps will simplify , the .parent
company's consolidated * bal¬
ance-sheet,-eliminating not only the minority'interest" in Bellingha'm
Plywood, but also or.e entire corporate structure, Capitalization of
Georgia-Pacific as of June 30. 1948 after these 'steps and
full
of
conversion
Shares
of
$2.25
convertible
cumulative
"Consummation
stockholders
at
;
special
Mr.
.
of
preferred
preferred
stock
proposals
are
stock
and
of
Cheatham
100.000
subject
to
be
of
31,569
common
ratification
on-
by
Corp. and Washington Veneer Co;-.
Sept. 9 and Sept. 10, respectively,/?:*
Aug.-24-announced
that
the
entire
issue,, of
be
held
.
on
_
shares
common
these
would
756,368
Bellingham Plywood
meetings to
■
assuming"
the
of
convertible
preferred
stock
has
by the preferred stockholders.—V. 168,
been
p.
converted
into
646.
V
V
•Georgia Power Co^—Earnings—Period End.
July 31-
revenue
Operating
Provision
1948—Month—1947
——
3,015,335
469.700
AmorL. of plant acq. adj.
taxes *
)
income
475,000
150,000
Gross
Int.
on
•
1,970,500
4,391,732
3,519,045
4,216,3j27
$655,879
$9,747,378 $10,385,021
324,009
-295,972
"3,765,740
'3,555,034
9,717
109,732
116,607
Crl.449
17,603
.
^
:
9,717
-
deductions
1/ Net
:
Crl6,277
income
$628,896
223,005
$371,074
'223,005
$405,891
,
$143,069
Dividends-on pref. stock
.Balance
—V.
-
?""CS26,9l I
debt
Amort, of debt discount,
: etc.
<Cn
Ollxer
163, p.,646.
$6,073,766»
1
'
'7 Fiscal Years Ended June 30—
sales
Net
profit
Earnings
after
per
taxes
common
James Gerity, Jr.,
^"During the last
plant
"
_j._rr
2,676,064
2,676,064
$4,231,003
equipment,
'""1948
Off—"4/-'
1947
$14,099,516 $13,941,400
and
charges
share-*——
President,
year,
the
increasing
.' 652.494.
' "
"
39,527-*
$6^07,067
$3,397,702
_
7 Gerity-Michigan Corp.—Sales Up—Profits
Net
5,548,750
1,800,000
5,108,313
taxes__j
"ihco'me
long-term
5,662,900
150.000
1759,Q41
560;116(
I
General
Federal
1943—12 Mos.—1947. r
$4,517,132 $62,686,644 $55,971,621
2,676,137
36,849,008
29,549,293
$5,320,933
*
expenses Z-iiiv,
for deprec.—,
•
final design drawings
which this company.,
Aua
«nn
on Aug. 23 reported that the stock- '
holders have approved proposals which, when
consummated/ will merge *
Gross
retired from the
company after 41 years' service, it has been-announced by Charles E.
Wilsori, President.
/ : ;
'>
i"'- .7/ ■■'/..
v ' 7>
!
in 941
«npeir, 1.0..Increases.
^f/Washiugton Veneer—Preferred AH Corf- '
.
General Electric,Co.—-Offjcial Retires—
John
(poi'
of
hf: ?<?,3re5?cf«:lfl8. Pf^wh"
*cn,ea R.'Cheatham,, President*
into LOmmpn: Owen
j
to
,
r
increase
an
$tock."
•
draw on Sept.* 22, next. 12.000 scares of 4'/a 'ri
series prefci^ed.stock (pumulqtivelr for. redemption on Nov.-15,
1948
fet $102 per share,' plus accrued drvideiid* of 92'/2 cents per. share.'
Stockholders desiring ,to receive the redemption price, plus accrued-'
dividend to the redemption date may do so on and after Oct. 4, 1948.
i-V. 168, p. 45.
;
■; ./; '/.. ■; . /;
It
147.795.070 kwh.
to
'
r.'''
•
:
thf Lk end"d
output of.this corporation for
Georgia-Pacific Plywood
.Ownershin ih 'Wachinffton
t.hrnusrhjOUt"
located:throughout
riiwirtpmis
The, Argentine State Railway has .accepted the
the 65 Qouble-unit fiiesel-electric locomotives
is constructing under an'$18,000,000:contract.
of $7.50 a unit, payable in U. S.
funds,
135,000 units. Each unit consists of five
jrtll
«•
-n
approximately"*9",95i"
by
for
(New
be
1948.amounted
rr.
j.
4
-
c
soap greases by a
early this fall at the
principal manufacturing
stockholders-of
common
•';/'. /;
offering limited
,
lime
Eureka Corp., Ltd.—Rights to Stockholders^-
purchase
-»
Jersey).—V.
•./>/•.; ■: * '' '" 'V
2131.
P.
John-
was
this fall.—V.
gnfXre
of.
I..!
Corp., C. A.
White
to
continuous
and
Court
court.
Central-Illinois Securities
Esso Standard Oil Co.—New Grease
Plant—
A
-
According to the prospectus, * dividends have Tjieir- paid pmv the •
sham. 0f the-company every year sir.ee 1868 with the exception- of the-i
-
named
and Frances Boehm—common stockholders
whose
Commission's approval of Engineers' amended
liqui¬
backed up by the'lower court' decision. *»>
^
Commission's petition will come before
opposition
dation plan
a.
plan apprbved'
payments"xxt any,
to the .preferred
dividends
Appeals for the Third District upheld the. lower
-
'ottjectbd
plan. * A District Court ordered the
for the provision calling for
enforced/except
more
then
groups
'—'—J~-X„1„
produced
-
share and accrued dividends lor ca'ch series of preferred
sfock.-
to
:
cxpir^ af. the ;fclcse: of-businoss-^ept.: 24,
According to the prospectus, following the expiration date of the
warrants, -the underwriters have agreed to offer tcj purchase from
Fireman's Fund such of the 433,164 shares of common stock offered £0
stockholders as are not subscribed for through the exercise of sub¬
scription warrrnts.
" * *"/;
;
/The entire proceeds from the sale of the common stock will initially
be added to the company's general fund. '/J;
1
The Fireman's Fund Group consists of five corporations
each of
which is incorporated under the laws of the State of California: Fire¬
man's Fund Insurance Co., Home Fire & Marine Insnrance Co. of
Calif., Western National Insurance Co., Western' National Indemnity;
Co.. Fireman's Fund Indemnity Co.
'
; The companies of the group are engaged primarily in writing of
fire, motor vehicle, ocean marine, inland marine, casualty and surety
insurance.
The company does business in all the states and territories
Of
the "United States
as
well as in Cahada and certain foreign
countries.*'The'major portion of . the insurance written by the comnnrontc
*
^
Engineers'; original plan would -HaiiphftfrtWiin^rr-R stockholders ; ■
original pian
1 u'-iJ
nav e paid au preferred
the amount pf their involuntary liquidation
preference, which was $100
per
■■
'
789,225112-
—
*
Net
*
holders,. 433,164 shares of common stock for subscription at $30 per
share at the; -rate, ojf «fotfr ni?wtshfyrcs ;of':§tack; ttjrfive/lehares.
of common stock now held.
Subscription warrants under the offer
,.
than
taxes '—
.!
20
3,407,304.
'505,
deduct,
:
;>•
,
$
■
3,407,284
—* -
-
——
.
Expenses
;
1948—1-2 Mosi—1947
•
-
will
price index for Oct.
-
•
taxes—other
/on
pt $40,
^
'z* ? *
ALO^E
$
3,480,778
income "
Int.
112,
$97429
821,556
1948—3 Mos.-r-1947
.
r
aidiaries—consol.
'..Total
,
adjustment ;fors^ the
eligible salaried employees X
for* the period between Sept. 1 and Dec. 1.
salaries in Oeneral. Mo
necessary,
169, p, 545.
rireinan's Fjind Insurance Co.—Stock Offered—A syn-:
dicate headed jointly by Blyth & Co., Inc., The First Boston Corp. And a Dean. Witter A Co., on Aug. 26 publicly!
•:(5,705j5i2;':'24,188,(
inc°
INCOME OF COMPANY
Other
;
during
:
/
Period End. May 31
Gross income from sub-
Other
■
dividend requirements applicable to respective
earned pr
4
-V.
30,516;
789,225
"
Federal
income—_
.t Balance
"1,341,
V;?...
.
*Full
1,799
9.527
#)•
inc.—
from
on
'
than
80,579
taxes
;
"cost-of-living
preceding three months.* During December
will receive an additional $15. or a .total
19adjustment
505
deduct,
Fed.
employees will receive $25
The
taxes—other
Provision
i
the
with
Expenses
^
-represents
.
.
6,£
Other, taxes
«
which
6 Dnder
income;'
lUt.
'
•
-
—
Total
Fed.
:
_
;/
con-
GUtber Income
■"
United
Approximately 68,000 GM salaried
6,"~"
a
.
that, in accordance with
formula, approximately 333,000
States will receive an
adjustment-to
as of
Sept7mber
nBlectriC' Power <k Light Corp.
Net,- equity
,
announced
.
,
>Inc. Of subs.—cohsol.
the
24
adjustment
rise in the cost of
living since the formula was
April this year.
r
"
'
'
Approximately 265,000 hourly-rated employees will receive an adjustment of three cents per hour effective as of the first
pay period
bgglnning affcer ;sep$; 1. .This adjustment wUl be effective for the
of September, October and November.
adopted-
Federal Water -w
X/9. &
of
Aug.
on
cost-of-living
its
employees in
compensate for the
comra^.»_M
plan of distribution. Such holders should
immediately communicate with The New York Trust Co.V as distributing
,,,.r
agent, 100 Broadway, New York, N. Y.,
«1*w>or»r»t*ntfori
^
dlaMltttlon Plan^-approved Aug.*
iUi
—
stock of
Tniutlr Gnerators Co who
F i certificates of common
for iovHf?, fltes of
. ,
corporation
current
of
,
public
Reductions
The
it's
Southern Production Co., 3 p.m. (EDST) stockSept. I, 1948, the dtstribu- '*
Inc. common on and 45 cents in cash, to
stockholders of record at
tlori pf cash to be,m$de on Sept. 15, 1948 and the distribution of stock 1
momonn
•>7 92R<i<v*
9,994,448
—
to
aud .other
-
Ctr»
—_
Income
Gross
?
6,965,661
VfV'-.;
a.-.
...
..
has
•
General Motors Corp.—Makes
Wage Adjustment-
State
^
7f
7
of plants
Rent for lease
-vv
;
Since the college has a
charges are made.
..
revenues-
at- Syracuse,- N: V.% The • firsf unit'
of.f its type 'la *r
at Yankee Network's. WNAC-TV In
Boston, Mass-—V.r 168,
use
,
17,581.1303
JO,054,911
b,»c
Onrollment;- additional 'hxrklng capital 16'
l$r{fe wet€ra»^
364,024
64,240
4,381,716
acquisition adjusts.-,,
PTbp." depri
&
retire.
!,
As depl: res. approp.
'Net
Administration
the dates on which the
Veterans
11,011,984
12,596,623
3,043,064
"""""""
Amortiz. of utility plant
In
.now
4,272,335
3,383,370
'7.
taxes
Itepartpnient
tconics-
7i-
Maintenance
1,216,035
$0.85
$1.58
1946
$4,414,960
3,7471"
$0.02
also announced:
company
the
annual
spent
plant
a
substantial
capacity by
sum
for-
$4,000,000
>
,
-rrr
168? Number 4729
Volume
to
total
a
With
of
of
be. obtained.
"At
the
than
jr;t,
•
vv,«
y
;
in
Globe-Union,
i—*-
taxes
1964-^
:
The
*re
was
are-located
properties
owned
ground
on
national security clause.
\
Globe-Union
by
'■
•/„
Capital
a
p.
8,986,645
surplus
Earned
...
and-;
adjacent to the company's privately-owned plant. The consideration
$175,000
cash and the
hems wer^ disposed of subject to the
surplus
166, p. 3558.
.1
...
7
*After
•in
6 Months Ended June 3©—1948
:;/;•;;
;
Wet
(after
sales
and
excise
Other
income
Total
Cost
discts.,
soldi
Interest
j
and
and
amort,
refinancing
Other
for
Prov.
for
727,166 Y
-
;
rj 301,486
,
2,000,060
11,264,245
Tota!
■
Net
40,569,495
of loss charged to ■
prior -yeari,.vr---'—V
.
,
__
stated
value
liquidation
or
69,405,305
67,312,574
_
of
pref.
53,331,462
Dividends
on
preferred stock—
Dividends
on
common
.
stock
2,616,640
,
Cash
•Accounts
securities,
and
Inventories
tBuilding,
402,400
%
__
and
miscell.
receivables
(less
Federal
earned
financing costs,
and
Other
"
r
.
T
>
.
100,000
100,000
income
(net)^_.
.
Other
1,799,864
Miscell.
16,776
16,776
201.316
200,038
2,250,781
13Q,963
^,1,732,051
Net
&
amortization
Special charges
$4,987,749
$4,418,634
■'
55,285
729,939
$351,669
$4,257,810
$3,511,129
.
—V.
Total
______—257,803,227 243,437,631
LIABILITIES—•
Bank
Accounts
payable
fLong»ter«t
and
accruals-—
26,886,468
:
1,250,000
74,344
_
Per
■
debt payable • within; one year-_/;_.\■ 862.000x<;
/
and foreign
taxes on income7,746,242
20,027,824.
mtge. bonds (non-current)__
43,232,000 , 35,000,000
payable )3Vi%) of a foreign subsidiary
first
to
requirements-^.—649,250
stock
common
168, p.
Note
(non-current)
Reserves
for
___i/
possible
inventory
price
"•»-
Inflated, cost
of -property; additions and t re* •
*
'
'
foreign losses and other contin. Y 26,420,019 % 21,085,949
retirement benefits, in addition to
^
,
placements,
Reserves
for
insurance
Dee.
;
31.
168,
Jointly
employees
$5 cumul. pfd,
by
the
stock
(without
issued
412.031
shares
stock
(without
--
1948
reserves
in
for
1948
49,277,348
of
$84,112,624
in
Vpa ents and trade-marks carried in
83,200
shares
of
unissued
stock
are
and
allowances
for
reserves
Net
of
and
1948
$80,450,736 in
bills in 1948 and
Erie
half
Jast
«et
Other
income
2,012,602
1,856,316
1,751,254
after
Total
income'
drilled
during
actually
Depreciation
SeU., adm. &
Int
gen.
funded
on
exps.
&
other
.
*
-
Minority
interest
k.,'' ti
»■
taxes—
income & exc.
800,229
-
691,487
income
Foreign
1,834.313
•'
'
V
offered
9,235,000
taxes
5,780,676
V
_
'
729.947:;:;'
1,347,039
-
741,629
Prov.
for
contingencies.
/
277,953
14,425,000 ♦25,150,000
Frov.
for
foreign invest.
6,706.887
—v
3,000,000
last.
usual
4,000,000
2,500,000
ri
.
•After
deducting
renegotiation.
11,601,416
15,088,189
1.475,753
1,436.008
1,519,635
4,130,480
4,130.464
2,573,199
$6.16
$4.90
v
postwar
credit
In
...
1944
tProvision for renegotiation of
$6.59'
war
provision
for
contracts deducted.
CONSOLIDATED BALANCE SHEET
A8SETS—
£as„
U. S.
'
Treasury
auwunts
and
28,643,878
securities—^
notes
receivable
(less
noJS„:5,i
Ooodwill.
+
,
77,2ie!321
reserves)—
c,ost or market whichever
Deferred
,
-
26
Inc.
have
stock,
half
of
this
If
1948.
compared
will
years,
declared
payable
is
Operating
Net
has
also
—V.
63,743.476
Rev.
is lower 160,215.973 149,332,704
■%-
1I410.914
been
be
future
opera*.ions_i__;
-v
1,827,684
1
?
1,295,871
-■
423,277,658 407,845,308
^
-
1948—7 Mos.—1947
<■
$6,598,202
4,509,849
-v 012,297
5,160,685
645,972
150,072
135,067
964,633
35,672
200,347
225,952
$167,921
$142,675
$950,104
1,322
$1,075,823
11,693
$143,997
$1,087,516
$959,027
2,533
—
/
also
J.
jobs
he
benefit,
P.
$170,454
income
8,923
1,547
1,957
10,681
12,210
46,127
46.481
323,838
322.925
$752,997
$623,892
deductions
.
.
in
income—
.
expenses
$95,559
$122,780 /
67.33
68.58
ratio.
from
of
to
11
4 '
International Braid Co.—Third Liquidating Div.—
the
'
liquidating payment No. 3, in the amount of $13 per
paid by this company (now known as Charles Corp.).
Total payments to date are now $183, since $125 was paid in January,
and on Aug. 6 a payment of $45 was made.—V. 167, p. 154. •
On
Aug.
share,
added.—
19,
was
International Nickel Co. of Can., Ltd. (& Subs.)—Earn.
Remensnyder,
and
Costs
Vice-
-
expenses
45,322,923
41,251,716
25,073,024
55,769,573
17,078,986
16,178,692
295,706
81,117.834
49,244,952
90,990.251
28,243,937
sales
'
$
$
J
$
,
Net
1948—6 MOS.—1947
1948—3 Mos.—1947
Period End. June 30—
r'
March
on
12
and
share
per
on
payable
the
Oct,
1
25
35,220.678
•
592,876
„
,
holders
to
to
reduce
purpose
>
short-term
producing
16,474.398
; 1,932,409
-4,013,339
796,809
639.908
bank
loans
and
of
carrying
Co., Ltd.—Earnings—
$424,080
-
Net profit
earned
Previous
surplus
surplus
Preferred
dividends
Common
dividends
>
-$119,544
1,924,619
2,050,007
-
$393,421
$89,126
~
$482,599
___
,4,556
1,403,457
1,500.000
750.000
4,768,413
«
87,105,510
103,565.849.
966.950
11,662,535
11,662,535
5,831,263
97,124.260
$0.64
16.460,339
20.235.006
89,5)8.739
8,530,494
88,720,613
97,251,107 109,753.745
.-/>• 483,475
966.950
103,439,003
'V 483.475
9,190,445
10,005,985 •
4,571,587
9,819,301
93,619,702
5,831,268
-
period
per
share.
com.
90,936.364
' $0.55
BALANCE
'.
■
.
,
-
*
<
•
,
97,124.260
90,936.364
$1.32
$1.06
SHEET1.
•
•
June 30, '48 Dec. 31,'47
i
25,757,361
4
-
'
i«:
Cash
Short-term
Govt.,
incl.
secur.
treasury
bills
and
2,390 I,
f/15,996
24455
29,868,490
tax /
'
42,404,565
etc.,
Accounts
than
—'•v
3,875,762
'•
1,559,224
Earned surplus end of
Earned
ASSETS—
$2,532,606
$2,318,040
322,925
-
-
1948—6 Mos.—1947
$412,051
304,536
—
'•
contingencies-
Income
Total
'
1948—Month—1947
31,872.882
557,121
32,430,003
35.313,554
2,007,012
res.
system
of
_
of
17,391,535
res._
depl.
;
Prov. for taxes based on
cumulative
$4
312,549
'
for
Res.
.
.
and
Retirement
12,
cents;
_
income
Total
Deprec.
June
profit
income
Other
cents per share on
of record
Sept.'rl.
62>/2
holders
made
declared,
the
*
trans.
other
$335,126
$370,402
$47,644
$34,786
depreciation
168, p. 345.
68,35.
69.72
<
marketable
receivable
less
Inventories
reserve
—
—;
54,277,706
29,277.455
16,789,758
14,409.621
16,383,931
-
53.916,223
59.710,544
res.
9,625,880 -10,501,716 •
580,546.%
below cost—€63.153
10,499,850 *
1948-51—
r
9,333.200
—_____—
held
Securities
securities---
against
retirement
system
-
$124,101
—
-
-
-
$417,576
-
$91,517
$498,535
'
Total
7
Est,
deductions
income
74,739
tax
79,431
Miscell.
...
Account
Charges
to
•Loss.
—V.168,
♦$25,796 '• /
151.
P.
I
*
*
t
•
1
■
•.
'■*. V
(net).
account
7
t
1
.-V"r\
—••
281,379'
585,283
123,411,000 120,888,618.
319.289,191 309,877,086
:
*
■T
..!.•
or
due
operations
future
/ $81,312
Total
/
}
*
$11,096
at
receivable
6,123
Property
$49,362
revenue
securities
431.155
443,371
989
,
Net
Total
used
for
transp.
transportation
1,631,717
1,927,811
excess profits'taxes
l,'576.'a24
equipment— 117,354,505 111,536,229
trade-marks.,—1
1
will
irom
from
~ (V
28,784
^
Corp.—Registers With SEC—
Incurred
rev.
.
$7,401,488.
$759,386
notes
14,966,449
•
;/
1848—Month—1947
charges—
♦Incl.
accomplished,
cementing
45,000
assist
were
Honolulu Rapid Transit
rev.
.
'
convertible preferred stock, $50
next, at $52.50
cents per share. Payment
Bank of the City of New -York,
C 756,866-
accruals—
income
Net
39,458 domestic cementing
half of the year.
The other
quarterly dividend of $1
Period End. June 30—
Gross
*
32%
$1,10:,G43
CONSOLIDATED
•
-
.
'
>•,
.-V--; -V/V^
743.
July 31—
tax
Operating
with
dividend
a
Sept.
15.—V. 166, p. 855*
Proceeds
;
•
k '
4
';
•-
546.
p.
foi"egn
to
Other
$1.61
to
for
Sugar
$16,900,000
~
g!' machinen; and
patents, and
charges
first
approximately
as
/ Inventories.—V. 168, p. 449.
63,411,050
35.031,556
Miscellaneous .-investments
01
'
June 30, '48 Dec. 31,-47
■
168, p.
rents payable^
Miscell.
company on Aug.
19 filed a registration statement with the
covering 185,000 shares
($30 par)
cumulative preferred stock,
'.convertible into common_stock./ Underwriter/ Central;Republic Co.,
'■y& $2.90
includes
V.
also
Fixed
SEC
7,509.868
1,527,135
2,058.559
'
5%
Net ry. oper. income.
The
14,191,643
share.
con\.
28,
Aug.
on
168,
stock
'
1947
1947, the following dividends were paid:-March 12,
June 12, 37 Vi cents; Sept. 12, 50 cents; and Dec. 12, $1.
Sept.
•
will expire Sept. 16, 1948
•
•
The 5%
preferred stock will be suspended frcrfi dealings on the
New York Curb Exchange at the opening of business Sept. 16,. 1948.
Transaction! in the stock on Sept. 13, 14 and. 15 will be for cash only.
Net
bills for
due
by
In
record
Prof, carried to earned
surplus
____1___1_
Diva, on $5 pfd. stock
Divs. on common stock
per
Aug.
22 announced appointment of Charles V.
the Vice-President in charge of sales.
who has been associated with Diamond Alkali Co. and
directors
common
Holly
Earns,
after
$2.11
Distributions of 50 cents each
The
3,653,168
——^
2,000,000
The
'
1 ■'
<
i
further
Hollingsworth & Whitney Co.—Dividend Increased—
preferred
6,316,965
the
Period End.
$24,262,337 $18,017,770/
2,777,729
2,122,736
t&xes
during the first
the company should
Assistant
subsidiaries
the
9,458,064
St., New York, N. Y. The privilege of converting each share
preferred stock into two shares of common stock of the
Broad
Operating
-■'■'.I .:X Vv-v;'
822,135
-
11,250,000
-
delivered
1948
and
share
the
by
corporation
as
"
v
♦Railway oper. expenses-
rules
Exchange
rights until
accompanied
handled
Mr, Douglas,
its
1,835,837
*
profits
stock
11,312,295
-
..'Oi
•-
Railway oper, revenues.
Heydeii Chemical Corp.—-New. Appointment—
The
H
debt
U. ,8.
VI.'r lV'
to one
stock
167, p. 2132.
Douglas
348,092.143 318,323,531 284,487,425 409,827,672
263,402,121 241,880,533 204,506,579 332,850.091
8.716,511
5.922,979
5,444,949 - 8,149,412
41,330.390
37,431,540 ' 33,141,979
28,390,136
sales
of
be
must
charges
common
President.—V.
Cast
share
approximately
P.
services
1946
1946
-$,■■'■■■■''.V.
$ ■■■
346,079.544 316.467,215 282,736,171t407,991,835
sales
notice
said
Curb
said
1,155,723
rights.—V.,168, p. 848.
company should do
six months of 1948
Jobs
1947
•
for
"ex"
2,231,031
common
Halliburton, Chairman, stated that the outlook for the last
1948 is bright, since the Industry expects to drill some 22,000
during the last six months of the year as compared with 17,837
wells
the
the books at $57,798,001;
to employees' options at
V.
1948
certificates
further
the New York
quoted
15,779,626
6,321,562
Illinois Terminal RR.—Earnings—
of
wells
CUN>dyear Tire .& Rubber Co. (& Subs.)—Earnings—»
'
4 (Incl. domestic and I foreign subsidiary companies) -1 •"'
9 Ifos. End, June 30—
income
Earnings per
depre-
subject
average price of $54.53 per share,—V,
168, p, 646.
»n
until
of
not
6,045,016
;i
value, have been called for redemption on Sept. 17,
See
,
Halliburton Oil Well Cementing Co.—Earnings—
tAfter deducting $10,672,280 U. 8.
Treasury
savings notes in 1947.
SAfter deducting $1,086,000 bonds
treasury,
lilssued 1.314,296 shares at
$102,378,308, less 5,976 shares
treasury at cost, $300,110, and
intangible capital assets, namely
in
all
be
6 Months Ended June 30—
Total, gross revenues
$2,827,037
in
stock
2,050,340
894,617
17,357,311
863,039
:/;v
All'of the outstanding shares of 5%
Total
257,893,227 243,437,631
accounts, discounts
$4,836,029 in 1947.- tAfter
^i°n *and obsolescence
Corporation
Michigan
44,280,197
doubtful
and
and
that
'
Railway
Securities
on
60,062
•
;
common
the subscription-
41,203,100
44.280,197
;r7
the
notice and
685,000
41,203,100
——
days.
The Committee
.
63,665,857
Total
♦After
r
'
.
value)—*.
par
r.
surplus
$4,695,080
:
...
58,011
;
company
*
1948, at Detroit, the right to subscribe at par $5 per
additional share of common stock for each live shares of
held. It is expected that the subscription period will be
that
value)
par
"
its
613,000
fCommon
Earned
and
company
,,
Cr878,386
8,957
646.
p.
11
$1.56
Stockholders—2L
30
company reserves
($15.184.337'at
1947) • to cover retirement annuities
purchased
.
,
Crl31,464
8,630
.,
avail, for fxd.
of
2,983,129
■: $1.65 >-
and Securities Commission the
company proposes to offer to the holders
of its common stock of record at the close of business on
Aug. 30,
2,820,000 v
„
declines,
2,972,404
Crl3C,296
income-1—
per share plus accrued dividends of
will be made at The Chase National
I ''
;_i
2,107,105
14,957,659
Cr882,029
deductions
.
V
7
528,000
3J608.560
common-^^-_-__—kpi
on
(C. M.) Hall Lamp Co^-Rights to
Subject to the issuance of a permit bjr. the
;
.
__
■
,
Ahare
—V.
30,628,213
-
Fed.
'2%%
.
dividend
Applicable
______
•
1 Prov. -for
Preferred
Y^7/'V; V;^
loans,*foreign:
2,007,399
16,536,936
Illinois Power Co.—Calls Convertible Stock—
■;
198,459
.
_____
339,164
1,927,833
income
/
709,046
$381,505
J.
Income
202,514
charges
Net
par
Net
3,032,784
income
Fixed
$4,452,882
Dr34,248
72,424
$
rents
fac.
1,860,827
$409,633
$5,026,186
Dr2,68a.
Dr38,437
.
accruals—
•
18,987,668 152,273,238 137,506,962
14,331,626 115,254,165 103,052,860
18,474,738 "17,389,338
2,389,045
16,782,862
oper.
ry.
Income
1,455,078
:
$406,953
Dr693
1948—7 Mos.—1947
1948—Month—1947
22,990,564
Jt.
.
3,094,070
1,210,143
$453,929
.
RR.—Earnings-
Dr)-~
1,852,192
.
———
per
to
1
expenses-
tax
&
2,084,298
$454,621
share has been declared on the common
holders of record Oct. l.~ This is the first
161, p. 1881.
-j.--"/
1
cents
1931.—V.
revenues
oper,
(net
154,167
!
Interest
2,280,234
2,184,323
Equip,
/
7,017,887
203,115
With SEC
Aug. 16 filed a letter of
first mortgage
5%
20-year
Nov.
oper.,
Railway
1948—12 Mos.—1947
.
$533,239
168, p. ..251.
$
205,657/109,994
revenues—_
$665,706
790,736
on
of 25
payable
8,021,408
/
$98,255
7
$2.09
605,984
160,318
543.850
Period End. July 31—
$2,080,639
$1,630,633 $21,168,232 $17,996,719
205,004
543,850
Illinois Central
Co.—r-Earnings—
taxes—
90,641
$56,506
200,000
.
$1,965,012
1948—Month—1947
.
131,641
90,641
$163,671
Railway
$1,948,352
711,643
131,536
$667,793
789,649
$801,347
_
inc.
declaration since
$1.97
plant
adjusts.
Income
Balance
~»
surplus..^
77,683
$124,027
$743,303
68,044
$590,110
9,650
bds.
charges
dividend
A
193,333
Net oper.
4,614,417
.
$114,377
income
company
stock,
64,640,071
4,623,579-
1948—6 Mos.—1947
$4,814,361
$4,658,755
4,224,251
3,915;452
Illinois Brick Co.—Resumes Dividend—
'';••
^
.
taxes
—
2,499,991
71,856,212
taxes/ unamortized, releasehold improvements, etc.
Other
£
49,614.011
2,629,0461 ;
res.)
and equipment
cost)___
below
or
v
98,511,387 101,366,1761
machinery
(at
.
56,865,827
-
>.
Prepaid- insurance
,
<_•
receivable
•
Investments
Land
foreign
rotes
,
of
acquisition
$
liz:i^i^±;^r^^^20;730t4B3 T 18,422,731
Marketable
$2,280,639
share
150.
Depreciation
¥
$
v
notification with the
SEC
for
$50,000
(closed) bond Issue.
Underwriter,, E. W. Hughes & Co.
Proceeds will be used for new
plant construction and improvement of existing plant.
•
.,
per common
168, p.
Amortization
1947
1948
the
on
ACCOUNT
INCOME
Hygenic Service Co., Boulder, Colo.—Files
The
1,396,600
7
Involuntarily liquidated in
Operating revenues
Operation
Maintenance
CONSOLIDATED BALANCE SHEET, JUNE 30
A8SETS—
1947/
♦Exclusive of interest on adjustment income bonds.—V.
3,262
1,323*400
$2,165,012
taxeR
"y
$3,680,501
12,536
income
tc-,-
Gulf States Utilities
1,962,480
.
paid
$«,719
___
income
Railway
49,277.348 50,338.905
.$7.82'.
$8.74
.
be
9,787
income
Deficit
$3,550,305
130,196
replacement of pulp-
Period End. June 30—
63,665,857
$7.64
Non-oper,
601,165
$3,499,948
other charges
estimated Federal
J
Earned surplus at June 30_„_-Earned per ccmmon share_l_*__
of
1948—Month—1947
$791,135
$752,839
744,416 • '
638,462
'.V
1947
•
•
139,510
income
Balance transferred to
1,030,077
2,616,640.
will
1948, based on operations for
distribution on the issue was-
Interest arrears of the $21,800,000
*•
/♦
•
V.,
1948.
end
the
at
revenue-
oper.
Operating
_
-
.
April 1,
on
1,
last
*
$3,360,438
contingencies
Earned
—V.
Drl6,481,246,
1,030,077
1,030,077
Gross
$4,151,470
investments, etc
profit
For
to
value.:
168,
+
interest
no
Oct.
on
year. * The
Operating exps. & taxes
•Income
631,213
7^ prior years
_
surplus
of
that
decided
this
33%
Int. on adjust,
$3,991,651
291,577;
■*-/?,
'v
have
of
Period End, June 30—
and
1948
Companies)
L
wood inventories
.
,
in
k-.k-.k-v-1948
Appropriations of net profit:
12,470,390
; 58,141,060
.;
totaled
Gross
Biibsidiary
operations—^
from
Provision for
3,000,000
56,289,128
$190,747,286
Ce.—Earnings—
Wholly-Owned
256,434:
11.023.446
5
of
601,266 no par shares; in
treasury
588,603 shares,
tissued, 2,067,699 shares;
depletion and depreciation
from
Income
9,008,000 ; 11,231.000
Partial recovery
call
Profit
for
Miscellaneous
8,587,000
taxes
Banted -surplus at' Jan.
Total
amortization
For estim. excess cost of
Met Income £
Adj.
'
468,576 ';
2,000,000
for'gn inc.
contingencies
surplus
160,402,481
508,979
420,045
half
1%, paid
issue
150.
p.
profit.-—
Provision
.'V; ,.;Y
disct.
and.
Fed.
.Operating
148,089,441 112,943,513
27,639,816 - 23,697.375
3,849,857
3,899,196
2,335,193
charges
charges
Prov.
168,
29.364^135
.__
first
of
Va
19,663,687
directors
adjustment income bonds
■
the
shares; outstanding, 2,065,411 shares.
§After de¬
Treasury tax notes of $20,226,904 in 1943 and $16,976,278
(Including
2,545,340-
•
5%
59,050,300
tlssued„
Great Northern Paper
143,118,472
debt
of
202,829,722
_
expenses
:
genera] & admin,
for
depreciation
Frov.
1,546,080
198,971,562
products
1,282,734
,
The
16,327,808
'
$-Y '//
-197,688,828 201,283,642 163,857,141
income
of
Selling,
and
1947.
outstanding
Six Months Ended June 30—
-
—
—T
the property.—V.
on
1
2,288
S.
1947.—V.
transport.
deductions;
tax
j,
in
treasury,
1946
1947
-
$•
•
depreciation
shares;
ducting U
in
'Y.
$10,000,000
423,277,658 407,845,308
12,665
(B. F.) Goodrich Co. (Sc Sttbst)—Semi-Aunual Report
,
of
,
COMPARATIVE
Total
$1%*,033.297
"
.
mortgage
money
646.
purchase, papers filed in the Register's
the Aetna Life Insurance Co. had made
that
show
Hudson & Manhattan RR.—No Interest Payment—
115,849,402 107,263,992
K,
produced steatite, a high-frequency insulation for radio
equipment,
during the war and plans to continue
manufacture
of this product in the former government
commercial
'
"the.
with
17
"
electronic
structures.—V.
Aug.
purchase
„
11,502,132
19,661,523
_
—
30,
the
'
connection
on
,
.
from
1
Globe-Union
And
In
31,579,000
three
;
/ ;
last, purchased the Pennsylvania Hotel
Pennsylvania RR. for an undisclosed cash
June
on
City
consideration.
68,421,000
25,900,000
12,500,000
7,226,701
25,900,000
14,550,000
Y.
11
Co., Inc.—Acquisition—Purchase Mort¬
,
company
N.
Office
68,421,000
^___
.
y
in
31,579,000
—
15, 1967contingencies-—.———
for
foreign investments-—.
for sundry
liabilities, etc.—
shareholders' equity in subs, cos
announced
was
sold
The
4,971,433
on Aug.
17 that the War • Asset3 Administration
Minority
.16,477,336
government-owned buildings and.,, equipment-: at the ' : T$5 cumulative preferred stock (no par value) i> 58,860,300
Milwaukee. Wig., plant, to this company, war-time operator. /. .
.
/ > ; I Common stock (no par value)i.-i______
11,502.132
It
txas
4,356,395
.
Dec.
for
'Reserves
Hotels Statler
gage—
10,705,989
11,077,423
■}
?.*''■:' ;
1
/ '
V1
1'
.7 ■' ' ,.V?
-
15,
4
4,687,049
foreign taxes———
promissory notes (sinking fund starts
.
v.- -■ "V'V v
*-'v.
due
Reserves
Inc.—jBuys Building from Government-^
States
due Dec.
3%,
$
...
for
Reserves
■
(847)
28,005,437'
4,130,290
6,298,365
1951—
;
.
>/
■'
25,663,627
fo£_United
Unsecured
CHRONICLE
■
acceptanfces Tor rubber in transit-.
bank
overdrafts
Provision
automobile industry."
business from the
year-end balance sheet showed a strong financial
position. Current assets totaled $3378,797, including $064,813 in easte¬
rns
against current liabilities of $1,457,000.—V. 168, p. 546.
y;
FINANCIAL
payable
§ Provision
company's
'
&
and
Foreign
the new fiscal year, the corporation had an
in orders on its books.
Of this, slightly more
represented
LIABILITIES—
Drafts
of
$19,000,000
$14,000,000
The
viey.
COMMERCIAL
Accounts
stability In'the
beginning:
estimated
\
Economies in operation have been effected.
automobile industry, more favorable'
$18,000,000.
return
should
a
■■results
THE
4,
Jlr"*'*
*
w
>"■)
i
based
Taxes
income—
on
Retirement
system
Contingent,
9,6*6,169
14,916.177
27,627.825
insurance,
etc., reserves—
preferred «Wk——-l-.*--,
no par sharesi
cumulative
7%
CfLiiital
suiulus
Efcnfed
surplus
111111-7
60,606,500
Finland
in
ties
Total
1637Pf"132i-;;;;:
-V.
oper.
Net
rev.
revenues
from
for fxd. chgs.
Net income
—J
Inc. avail,
—V. 168;
120,123
346.
p.
;
V
"
.
$7,963,011
1,815,970
2,851,890
'
.1,095,789
*
;
two
right to subscribe
common at $105
$121,483
$32,334
85,186
80,570
175;285
•&202.054
$257,620
V-
deductions;
SEC
25
Aug.
on
(ho
206,483
0%
%
.$410,350!^
32,568
95,903
66,454
$181,717
$343,895
;
.
"
of cap. stk.
.
.
.
,
»f
.
,
f
.
$2.29
$1.03
(150,000 .shs.)_—
,
«
-Earnings—
-
'
Period End. June 30-r-■
—
ordered
has
$203,864
,
$169,485
55,081
income$101,235
.
Earnings per sh
—V; 16E, p..47.
Income
company
Other
lease
from
and
road
and three of its;,
one-stock basis. ,
Xhe subsidiariea named in the Commhu;icn order are Queen* Borough
The
Electric
fc
•Gas
1948—3 Mos.—1947
,
1948—6 Mos."—1947
,
of
equipment-.
$640,173
$793,340
incomeJ
'.he
directs
order
The
Total
Lighting.Co. arid/Long Beach
fcur companies to' substitute" a
Suffolk
Nassau
Co.,
Inc.
Co.,
Gas
.
,/*Ry.
•
Other
.-single class of commou stock for their existing preferred and common;
.stock by a
'fair, and equitable" distribution among the holders of the
Corp.—Changes
International Telephone & Telegraph
Net
Proceeds will be used for working
18.
1,039,569
$70,131
•
-.0
$1,243,433
•1,233,833
*
3.213
11,569
-
$971,660
$1,202,014
*
14.127
;
6,383
•
puhlic utility subsidiaries to recapitalize on a
2,138.138;
1,992,749
_1,319,715
J
r
income,
Income
Recapitalization Ordered
Company and Three Subsidiaries—
>■ For
.1943—7 Mos,—1947
202,059
,
and
preferred
one
Long Island Lighting Co.
^
$8,172,719
.
opers.
ry.
of
units
in
$1,366,168
523,414
Mahoning Coal RR.
America-Earnings—-
' 1948—Month—1947
$1,059,747
$1,106,586
313,044
213,151
236,979
151,058
Period End. July 31—
tty.
shares
unit.
Rights expired Aug.
capital, etc.—V. 165, p. '933.
-
International Rys. of Central
the
$650,0)3
638,655
Incomeii
Other
record July 30 were given the
stockholders of
The
for
per
313,289,191 309,877,038
-
i
$708,783
.
deducts.
rev.
Mass.—Rights, Etc.-r-
'
20,000.000
20,000,000
-
—
—
——
1948—12 Mos.—1947
1943—6 Mos.—1947
-
$156,-317:
Operating
-
with the SEC
covering 2,857 shares of 5%
cumulative convertible ' preferred stock
(par $100) and S.714 shares of common stock (no par).
*
.Surplus arising
will continue to
title.—V. 168; p. 46.
■
•,,*/
July 23 filed a letter of notification
The company on
2,892,628
adjustments —...—.—.—2,887,813
from transfer of nickel proper-
Exchange
Period End. June 30
Operating revenues...
.
Lithomat Corp., Cambridge,
i
60.766.771
97,124,260; 89,518,739"
—~
——
14,932,931
27.627,825
60,606.500
-
—
-
Chicago, one of the country's leading
purchased by Lever Brothers Co., last June,
,*! ducers,
,, head the Jelke firm, retaining the same
.'V;-v- r,'. ■ / '4-7
fj'501.925
60.7G6.771l
< 14,584,C25
slock
Common
——
Monday, August 30, 1948
Maine Public Service Co.—Earnings—
;
of the John F.
margarine pro-
Manager
and General
President
Elliott,
of
Co.
Jelke
1a«aHo!!
reserve
M.
James
483,475-;
._
Co.—Elliott Heads Jelke Firm—'"
Lever Brothers
>10-!S»;r
1943-——
dividend payabie Aug. 2,
Preferred
;
i'
t
-
pay-'"""'--------------
an"
FINANCIAL: CHRONICLE
&
COMMERCIAL
THE
'(848)
12
income
$651,743
$796,553
...
tax accruals
deductiohs___l__
-310,437'
$1,208,397
214,670
T.
-t
:
$985,787
525,107-"N. .'340,59^,
5.554
,39^923
'
"
"
.
37,114
/
2,887
'
Net income
$643,367
$434,185
$389^002
$639,638
16.534
16,534
pivr om pfdj./.Stpck----v:j|
8,267; A 8,267
i" # Suffolk's ^nd Long Beach's open account liabilities to
(USiNRi „qs President,/; ;; Nassau'
d
associated
companies are* trlso- "to* be- eliminated,
according to the
Bal. for com. stock—
$380,73$,
$425,918- - $626,833
$623*105
and General William H. Harrison as Chairman of. the board of both the,
order.
Federal Telephone & Radio Corp. arid its world-Wide manufacturing and
•Iriflud, Ped ; ihe; taxeirf 'I rt238A87 r 393,257^ A ;340.594,
Hearings oh (*ong island's plan for; consolidation:.with' Qiwehs JKwrsales subsidiary,
the International Standard Electric Corp., was an-,
tl948 iricludes $131,850 Federal tax on capital stock, years 1942 to
oufih and Nassau & Suffolk are still *11 progress,.
The Com mission'
»<»unced on Aug. 26 by Colonel Sosthenes Behn, Chairman and chief
1945/ inclusive, account of denial of exemption (claimed.—V. 167; P; 1153.
stated that its. decision '.'should not"be taken ak any indication as to
cxocutive officer of the International Telephone & Telegraph Corp;-,f
"what action will be taken with respect to.the plan.when the hearing'
(parent concern of the two companies. Fred T. Caldwell, formerly Presi¬
j' Is concluded." •
^ ;•
00; ^"0
dent of Federal Telephone & Radio and International Standard Electric
Maine Central RR.—July EarningSrr
was elected Vice-Chairman
of the boards of bath corporations.
These
:
The managemenit of Long island and; its subsidiaries,'" Queens^ BdrPeriod End. July 31—
■ 1948L^Montti—1947 - -1948—7 Mos.*—1947- t
appointments will beconii effective on Sept. 1.—V. 168, p. 46.
ough-Gas and Nassau A-Suffolk, has been endeavoring for some time; /
Operating
revenues!—! * $2,134,046 $1,854,105 $15,731,075 $13,487,199
'<■ *•'•>V
'. frji'y 'riW -'fif
to „bring
about q simphfaciaon ^ind reorganization of-the'security
-1,490,777
12,229,902
10,299,837
Operating expensesc'—L
1,643,007
structure of th® system and an equitable distribution of voting i>ower
Kaiser-Frazer Corp., Willow-Run, Mich.—Lease— J
189.509
; Taxes
1,552,941 .1,444,604
—4258,563
among the-security holders.
jfiJdward' Fi Barrett^ Presiderii of Long*;
Jess Larson,'War Assets Administrator, announced on Aug. 17 that
Cr3,612168,607- '
261,4l9 '
.Equipment rents*Cr21,509
^ Island Lighting Co., said. :
. „ u
,
' ^
' 4 '
( . Jt. 4ac. rents (Jlr)-^
tho surplus government-owned blast furnace and coke oven plant at
^
28,704
* 202,742
18,418226*149
•'This Is the purpose of a-plan for-Ihe eonsoHdation of: the three,
Cleveland. Ohio, (Plancor 257) now being operated by the Republic
companies which is now bem# heard by-the SEC, havhlg already been*
fltoel Corp. has been leased by WAA to the Kaiser-Frazer Corp.
$L255,190 of
$235,567
-$148,727- $1,576,883
Net*ry.'ppcr..incomeapproved by* the P. 8; * Commission of Hew Yor.k; $s;;iri .*.'the; PWbJle "Willow Run, Mich., under an interim agreement containing an option
Other income12,789 12,211 '
30,718 4; 79,693
Interest.
•;'*'
-**- - */
to purchase or lease the plant.
'<>0 ' )<"'''2 00..,':''0
• k
•"
*
The agreement. Mr. Larson said, not only constitutes the basis for a
,lWe 'note with sfttlsfactfchT Wat I!i*e" KEC"decfst'ou^c?pe^tno^. prjeiclydo
Gross income'
$160,938
$1,657,601" $1,334,883
$248,356
satisfactory permanent disposal of the huge Cleveland property, but
conEolidat'on as
the means whereby
104,692
these companies can rricet re106,813'
.727,490;
-731,020
Rentals, int., etci.!'i-;L!r
averts a shut-down of the plant by the present Interim lessee, Republic
quirements of the Holding Company Act and of the Commission'^
Steel Corp: - ■ >->:y:>y-;:v.s;
Net income
$143,664
-$54,425 4 $930,111
•' $603,863
i order."—V.
168.'- p. 347."
' ' * ' 'C * v,
"
1
The Kaiser proposals for acquisition of the plant-came at a thue
'iy"
—V. 168, p. 648.
when Republic Steel had declined all offers proposed by-the govern-/
mcnt for
f .Louisiana & Arkansas ^y^—Earniirgs-f-/
further operation or acquisition of the property and had
Maiiufacturers Tradiri^ Corjy.—Registrar vAppdnited-r
notified the War Assets Administration that it would close dbwn the*
y, period Epd. «itily
^ I94fr4-Month—1947 ; Jl943--«TMos.--^1947
The Chemlcalt Bank'& .Trust Co., iNew York.
blast furnace on Aug. 31. The notice that it was quitting the pro¬
N. Y., has ?been ap¬
Railway oper; • revenues $1,786,465 $1,373,298 $11,541:304 $9,057,685
duction of pig iron at the government-owned facility-was accompanied
pointed registrar for the preferred and common stock.—V. 162- p. 2018. \
Railway oper, expenses.1,020,302
890,343 ,6,599,872
5,653,510
by an offer to keep the coke ovens heated, without profit, to prevent
Subsidiaries—
in Personnel of
i
of Rear Admiral Ellery
The Election
W. Stone
,
■"
•.
-
.
-
-
-
.
-
,
-
.
,
.■
-
-
r
♦
'
.
.
Administrator
will
do
been
-
of
Federal
the
•Other
Period End.
July 31—
oper.
Railway
oper.
,V*f-
:
ievenuo
Net
'■*
from
Other
Income
'
•
U
*'*"•'
'
taxe|—
200,000
2,915, 000
159,000
1,207, 000
420,000
149,000
;
income
$1,007,203
$789,272
$6,546 403
128,945
199,557
879 459
1,125,790
Joint facil. rents (net Dr)
4,162
6,333
Net
met
income.
oper.
ry.
—v.-168,
346.
p.
$874,101
32 540
•
$583,382
'
^
Operating expenses ~__f_
Federal taxes
—I
iOperating
.
Other
revenues
;
Amortiz.
"
034,313
authorized
its
Two
stock
The
from
>'or
and
of
shares
-hares
600.000
stockholders
100,000
V.
stock
common
proposed amendments include;
have
the
other
is
to
i
Net;
77,270
1,091,358
87,000
1,155,500
1,128,280
21,413
■21,413
$233,542
$166,850
the
in
creese
probably
stock,
early
Other
only
but
next
announced
approved
sale
Aug.
on
of
that
16
the
War
Administration
Assets
automotive,
tractor
and
other
large
forgings,
well
as
for
as
craft
an
emergency.—V.
166,
26G2.,
p.
ten
Dr 2,088
^'11,788
$2,405,372
16,642
122
(net)
_1_
$2,570,411
$2,422,014
>
*
$166,943
$233,664
•.i
deductions
47,054
68,515
$165,149
-
;
,
applicable to pfd. stk.
A.
for the
356,532
356,532
(The) Men&el Co.—New Vice-President—
$1,496,847
period
President
ford
;
Hill, formerly General Sales Manager of the Bigelow-SanCo., has been elected a Vice-President of The Mengel
charge of sales of its furniture division, Louisville, Ky.
H.
Carpet
••
in
p.
167,
2469.
'
...
.
Company
Metropolitan Edison Co.—Registers With SEC—
Period End. June
Total
revenues
Total
.
expenses
$1,377,037
1
"142,282
$1,210,555
$602,370
par)
writers
114,842
$1,234,755
($100
'
'
:
71,639
'
proceeds
parent,
Income;
r
$616,878
,
^
deduotiOris
company
will add a
Gcnera» Public Utilities
>
1948—3 Mos.—1947
arid
construction
purchased
Edfsoii Light's
-
6ai., .surplus
$600,421
1,230,790.
•
•
$616,878
1,214,013
U-l--
Net 'incOrne-
1948—12 Mos.—1947
•
$1,234,755
$1,206,Q63
1,213,674
capital contribution from
the money, as follows:
$2,462,738
power.,
$.950,000 of this $1,500,000 will
activities; and $3,450,000 will be
will
Co.,
for^
applied
;
be
1,256,675
$2;,448,429
$1,500,000
Corp., gnd use
S3,5C0.COO will go for construction and improvements: $1,500,000
be uted as u,partial payment to subsidiary, Edison Light & Power
4,492
4,492
with the SEC
$3,500,000 first mortgage bonds due 1978 and 40,000 shares
cumulative preferred stock.
The names of the under¬
will
be
determined
through
competitive bidders.
To
the
covering
$1,325,398
57,457
$604,913
$688,518
—
ThA. company on Aug. 19 filed a -registration statement
>
1948—12 Mos.—1947
1948—6 Mos.—1947
30^;
1
Superior District Power Co;—Earnings*—
*
Agreement—
Leander,
as
for
Lake
capital fund' of the
of capital stock
,
$1,853,379
Louisville Gas & Eleclrlo Co. (Del.)-^-Earnings^-
air¬
eight
Interest
Period End. June 30—
working
President, has announced the election of Conda P.
of Victor Electric Products, Inc., of Cincinnati,
Ohio,;,a subsidiary/' Mr. Boggs has resigned as Vice-President of
Sylvania Electric Products, Inc., to take the new post.—V. 168, p. 347.
f
'
' ••
'• • ! •'
:
H.
—V.
168, p. 647.
Gross
v
a'
monthly
Boggs
.
568,635,
590,923
$1,979,488
$119,889-
Balance
-V.
parts for the Navy. It consists of a nine-acre site and
buildings with a total floor space of approximately 80.000 square feet.
The Cicero plant was built by the government at a cost of about
$2,600,000. The sale is subject to the National
Security Clause, pro.viding for the plant's reconversion for use by the government in event
of
DrS
$2,558,623
surplus,
a
replenish
to
$2,407,460
.
$1,622,956
Dividends
used
the company-entered into an agreement with five banks
loan before Sept.
1 of up to $1,000,000, payable in
instalments beginning Jan. .31, 1949.—V. 168, p. 648.
July 1
Faul
>
government-owned forging plant at
Cicero/ III., to this company, war-time operator, for $755,000.
The company, which has been using part cf the plant since the
war,
plans to spend approximately $500,000 In rehabilitation work. ' ' '
* "
The steel facility will be used by the purchaser for. the production
of
^5^958
256,958
$2,553,628
$166,860
$233;542
income
Net
be
payments made on account of purchase
Testing Laboratories.—V. 168, p. 648.
.(W. L.) Maxson Corp.—New President of Unit—
•—
income '
other
&
Inc.
.
has
income
Gross
Kropp Forge Co.—Buys Government Plant—
was
On
leased,
income
will
Paragon
providing
r
year.—•
167, p, 2134.
It
...
10
Operating
}
Incvy East Rutherford, N. J.—Stocks
Valley Investing Co., Inc., Utica,"
Co.,
Mathiesori Chemical Corp.—Bank Credit
others
to
amendment.
plant
•
906,576
104,584
approp.
revenues
oper.
.•-
for
company
of
of
from
Inc.
.
2,500,000 shares.
sold,
be
119,875,' 4,884,816
'
93,522
res.
possible.
Mohawk
—
Proceeds
•
7,595,582
2,047,594-
10,026,696
'
Increasing the authorized ri,o" par
to
apprcved' the
stock
724,365
Changes—
subsidiary of American Power & Light Co., has asked
for permission to solicit stockholder approval of an-increase
common
*
!
133.746
__
in
;
1943-^12 Mos^-a.947
$l,52i.l2d$l,i96157^$16,9J31'958$14,342,450
utility plant
acquisition adjusts.
company,
the SEC
.Co.-r-Eaxnings^-:
1948—Month4-1947
taxes
retirem't
alphabetical
alphabetical
near
Y., on Aug. 23 offered 5,000 shares of 6% cumulative,
preferred stock (par $20) and 1,600 -shares of common
stock (no par) in units of five shares of preferred and
one share; of common at 100 per iiriiL
Property depreciation &
?$3,'916,'425
i* not alway*
exact
N.
450.
p.
Period End. June 3Owl
49,922
V-
$5,634,404
Kansas Gas & Electric Co.—Seeks Charter
The
$1,342,720
$2,039,814
$181,328
-
i
$5,092,137
Dr)._
oper.
Matheson
48,910
/
118,464
'Offered
; $350,528 ;
Louisiana Power & \ Light
1,585:000
^1,131,000
"
.
Railway
168,
in
always, as
$1,957,002.
565,372
'
$10,668, 403
11.•—
Equip.-rent3
:
as
are
it
r***ont
companies
--
781,485
1
7,822
22,064
mechanical
arrange
However, they
position
$2,919,763
-
to
"
Net ry. oper. income.;.
—V.
$1808,137
$1,14$,272
$1,576,208
accrurllL
tax
ry.
1
•
538,173
ry.
,'i—
operations
Federal
'
•"
possible
order..
:/•
$2,856,541
1,829,294'
expenses
V
•
909,000
^•578;^49
$281,769
92,619
$478,580 *
105,988
income
$3,404,175
1,444,920
"
78,186
•
Ar OT£—For
$4,941,432
$482,955
123,000
69,583
rents (net Dr)_J
Joint facil. rents (net Dr)
1948- -7 Mos.-—1947' '
$23,153, 131 $19,895,247
12,087,110
1,708,269
12.484, 728
'
*
218.000 "
-
Equip,
1948—Month—1947
$3,405,502
revenues
taxes
accruals--
tax
ry.
'
$766,163
income
Railway oper.
Kansas City Southern Ry.—Earrungs-rr
Railway
""
^operations
to maintain continuous production
plant on Sept/ 1, and keep the total pro¬
pig iron at it3 highest possible level.—VT~168, p. 547.'*
of
revehue "from ry.
Net
it
when
that
Kai3er-Frazer
try
assured
possible
possession
duction
has
Larson
everytning
takes
it
disposed of. •'•*
the plant has been: otherwise
until
deterioration
"
improvements, on the company's facilities.—V-. 163, p. 745.
to
beginning
„
*
Operating
Oper.
$1,006,349
revenues
taxes.
&
expenses
$351,741-
803,408
$3,822,811
$3,379,798
'3,093,863
613,571.
.
.
2,514,793
-■
■
•—- -
operating
income
income
$202,941
(net)
$238,170
I,
8,617.
:.
-
$728,948
$865,004
32,859
41.186
)
income
Int.
income
other
&
$211,558
'
$247,725
71.167
r
66,797
deductions
.
Class
*
Gross
$761,858
;
$906,191
,
,
283,959 !
242,967
-
$1,814,43'4
$1,847,669
Divs.jm cap. stk,r—cash:
A
B
.
common-—„
;
..
common_l__
<?lass
19,556.
450,285
150,474
150,474
:
',
income'
—V.
$140,391
167, p. 2688.
;
$180,929
$477,849
300,948
300,948'
.
Payment of - addl. Fed.
taxes on inc.; for the
year 1944 —1
- .
v
.
"
5
,
c •
,t
47,543
balance
SEC
for
(10c
25.000
23
Aug-
shares
par) -common,
be
to
filed
($5
6%
par)
sold
in
$5
per
of
Corp.
Proceeds will be used for
of
at
notification
preferred
units
share
ties
of'
letter
a
one
preferred
of.
one
and
share
25,000
of
the
with
shares
surplus
end
period
:-
'■'
.
and
common
National
St.; Philadelphia, Pa.,
the
sale
it
to
to
an
to
exceed
of
amount
will until 3
first
of
the
to
Trust
&
p.m.
mortgage 3%
sufficient
102%
Bank
bonds,
exhaust
the
Co.,
Sept.
on
series
sum
principal.—V, 168,
trustee.
16
p.
of
1530
* '
B,
due
Nov.
at
Court Enforced Plan—
Judge 'Ltjahy, of Federal District Cqurt, Wilmington, Del., has. signed
order enfotcing the second amended plan of the company.—V. 163.
p. -647. V
A
:
V;/
■■
recapitalization
Aug.
18
by
Ike
plan
of
Securities
the
1
1975
prices not
''
-
*
;
{
;
* -
;
and
Exchange
approved
Commission.
/J;:
called
.
-
in.
The SEC said it would give complete
agree
certain
within
15
securities
days
in
lieu
to
of
change
a
cash.—V.
approval of
provision
166,
p.
t * t -
»
'
Output—
output of this
46.339,000" kwh.,
week last
the week ended Aug. 21, 1948,
compared with 36,103,000; kwh.
for the
company
as
year,
an
for
increase
of
28.4%.—V.
168,
p.
744.
Maine & -New Brunswick Electrical Power Co;, Ltd.—
Earnings—
;
"
f
i
'
Operating;
/
.
,
-
.
Dr5
:
$412,360
284
.
'
| $192,241
.
$412,644
$67,447
i
237
$571,985
103,587
112,784
213,350
$83,654
$299,859
$358,634
'
—
$371,748
V
163, p. 745.
(Dept.
payable
this
10
!
* I *
" *
:*
Aug. 20 deferred action 00 the dividend ordinarily
the common stock.
Payments so far
2, .15 cents; and April 1 and July 1,
about Oct.rl on
were as follows: Jan.
on
year
cents
Store), Los Angeles, Calif.—^DeferE
*
The' directors oh
or
each.
A
total
of 95
cents was paid
in 1947.—V. 166, p. 569.
^
:
$349,750 •
ifevenues_w.3._^_w_-_^____-v-~;;
1047
1948
$300,922
/
257,844.
-235,902
S91.-905
Operating revenue deductions
Minne%polis~Honeywell Regulator Co.—Coordinates
Activities—•'
The
*
Utility operating income
Other income
'"*
Gross
Income
(net)_^i.
i_t
.!
$124,930
income.
deductions-^—
;
;i..i
.y-;?^0.0
'■•
v/,
-
-
2,932
j
j
3,594
;
$o<t ^07; :i $j09 ^5
22,883
23,153
.
...
the plan if company
offering
1356.
p'-
income
ment
sales
company
to
bondholders
Nci
—V.
income—wi.:
167, p.
47.
$71,954
$105,371
on
Aug. 13 announced the
supervise and
formation of a new depart¬
merchandising and
coordinate the advertising,
promotion activities of the company.
B.
Sweatt, Executive Vice-President,
announced that John R.
of the new department with the
Chandler Murphy has been pro¬
moted to Advertising Manager and John A. Young to Sales Promotion
Manager.
Mr, Murphy succeeds William B. Walrath, who resigned
to join the Chicago advertising staff of "Fortune."
• /:
M\ Berpnn was Eastern Regional Seles Manager for the company's
Moduflow division.
Mr. Young was acting Sales Promotion Manager
and Mr. Murphy since 1935 has served in various sales and adver¬
tising
capacities and was Convention and Display Manager until
moving into his new post.—V. 168, p. 648.
C.
Bergan
conditionally
If.
calls
for
retirement
of
the
company's outstanding $4,915,COO
refunding and improvement mortgage bonds and publicly held shares
of preferred stock.
New common stock will be issued in exchange lor
stock
1.705,148
$192,246
29.014
deducts...
^ v'-Y-
-V.
$96,461
——
Dividend—
12 Months Ended June 30—
%••
was
.2,037,741
Walnut
449.
;/;
company
other
&
'
Net
Milliron's
Louisville Gas & Electric Co. (Ky.)—Weekly
corresponding
Lehigh Valley Transit Co.—Conditional Approval for
Plan—
$2,276,895
383,653
an
receive tenders faf.
$72,894
$
.
totaled
Tradesmens
$2,450,100
V * '
oper." income——'
Net
Int.
$1,213,674
$1,246,909
$1,213,
•
Electric
Lehigh & New England RR.—Tenders Sought—
iy
1948—12 Mos;—1947
$575,899
$624,243
527,796
V" $96,446
; Other income (net)—— :J-15
V
.!
$1,246,909
unit,.
Underwriter, Mallory Securi¬
working capital and the payment
^
v..""''* ':::h
Gros« income
bills.
The
'■#}?
*'•
Birmingham, Ala.-rrFiles With
..v..-,
on
■
Oper. exps. & taxes
"
•
»
>
revenues.:.—
''
of
comPany
,
1
$663,224
;
Lamex Chemical Corp.
SEC—
10perating
900,571
900,572
450,286
1948—3 Mos.,—1947
Period End., June 30—
.
—
Net
Michigan Gas & Electric Co.—Earnings—
„
Total
n
*
Net
Other
•
title
of
has been appointed head
Merchandising Manager.
.
'
-r
,,,
sales,
selling*',
& admin, exps.^ 22,079,809
;
■'
ii - ' • ■.
Cost
:'
of
gen.
Net
'
income
Net
354,044
.
280,556
Xy. Net income
PXd. stcck diVs.
♦On
$3,018,365
$5,724,260
stock
Prov.
for
retire, of
Prov.
3,329,000
for
taxes
$5,595,949
200,000
.
5,524,260
3,018,365
statement
than
Federal
income—..- *
Other
'
subsidiaries
$1.55
£1.44
1,951,530 shares, no par value."
■
$3,563,374
New
>
j
of this' company, "including subsidiaries,
all-time! high for the first six months of 1948, according
to George H. Halpin, Vice-President and Director of Sales.
"The
month
of
June, 1948, was the largest single month in the
history oL the company,"- Mr. Halpin said, :"both in' dollars and
units.
This
indicates
an
increasingly strong trend, not only as to
sales,
figures
England Gas & Elec. Assoc.—interest, etc!
Provision for Federal Income, taxes-—..
whole,
a
!
income
Credit
resulting" from
and finishing of other manufactured products.
outlook for the .remaining six months of this year
processing
"Tne
-
.
continuing
a
and
strong
he said.—V,
trend,"
upward
Tax
voluble
company's sales, but for industrial manufacturing
since, most ;of this company's products are used
in
the
Balance
1948—Month-Mt947
*' $1,171,007
revenues
indicates
Operating
expenses—
Federal
taxes
Other taxes
86,913
Fropertx retirement res.1'
*
*
appropriation
*
Net
;
y
'—a !
income
$141,694
1
61
$156,005
•'
5,442'
'
■-
*»'•'**
Gross
income
*
$141,755
$156,043-
83,661
$2,562,402
*'
i
(l
...
$1,992,182
617,049
'
Balance ' ,»js
t
.
s
(OtocIudiftgran liedSe'd Lines)
J ••
^
-*
1'
f
^
■
,
10,
wa*
waa
>
•
9
Inc.
Statement of
1948
$3,204,198
3,006,205
2,513,08$
$618,543
1,491
$691,023
2,610
$620,035
(and
1947
$3,624,749
deductions
$693,634
taxes)-.
L'
;
;
ipcome——
deductions
y
111,133
125,405
„
incprne^-1-
•
$494,630
'i'v-i-v,-;,: X;.':x
p. 1257.v..
v
$582,500
,
■;•„.
.
,
Co. (Del.)—Weekly Output—
ry.ioper."
fr."
y.
J
x
\ ' *
$
+
'
'
1,308,126
* 1,648,687
5,482,637.
.
W
Fixed
"v
-i^
,
income
'" i
J i' '
.1'
.i
■
,
in
U
.
4,404,215
deduetiqus, —148,141
charges —3,613,068
157,38i
of
17,794,203
It, I,
*
income3,133,411
t,
•«
J
♦incl.* Fedi
' JVf
I
I
J
I"
11,784,114
Xr-H~:
1+
('A
«
.
«
f
136,772
-
7,276,615 ;
J,
4,247,867
t-..:,.;.
i
- <»
.
•'
,
contemplated that
;
906,826
stock
no
'
.
for
assets'.of
each
share
one
wilf .be distributed just as soon as a plan, has been"
fQr the distribution of its assets, between
i
;
;
*
':yy'Y"
Aug, (L filed a registration statement with the SEC
29
W.......
$12,000,00Q first, mortgage bonds,, due 19-78, and 285,713 shares
.
.
T
,
.
,
i
--.
stock
common
ef common stock.
The names of the underwriters of the bonds will
be determined through
competitive bidding.
The stock will be offered
for;subecriptroir- by common stockholders; at $27..59 per share at rate
bne share of each seven shares held.'' Proceeds will be used ,tO.'mak#
v
Earnings—
1948—7 MOS.—
distribution; Of the remaining
by "NEPSCO"
company (on
,.
.yy 897,306 X covering;
*
the
^1.37 shares of "NEPSCO".
p
■
$890,873
>, K.
.
Ohio Edison Co.—Registers With SEC—
.
'i
106,619
'"f]NeW York/Chicago & St. Louis RR>'{> ..'PerioclEnd.*'Julyil— \ V$4^-^bn^ll—i94t^ '
1948—12 Mos.—1947
is
Northern
>
-736,89^
•
'1 -M
t,
"
,
;—^
.
income taxes
-S--Y..168; p.. 649.t..
-
Cu.—Earnings^;
f
,.M
*.
'
-..i;
its;preferred and,common stockholders..;
'
..The. principal stockholdings of. "NEPSCO". are: 1,315,183 shares.of
Central Maine. Power Co., 493,856 shares of Publtfc' Service Co", of New
Hampshire, and 231,669 shares of Central Vermont Public Service* Co.
■/.—V. 168, p. *649*.
v
"
i
ap¬
|
-j
It
cash-and
33,164,811 -29,578,317
1,064,887
J.G83,160
24,823,309
24,247,290
3,507,943-
;
been
series
in
consummated
17,538,440
15,626,371
1,290,277,
r
:-i
6,894,620
_1——
,.X'v.
has
$4.80
Sept. 16, 1948, one share of Public Service Co. of New Hampshire for.each 22.8 shares of Northern^ stock, together with 40 cents per share
r 13,018,509" 11,624,$39
3,113,938'
tecqme,.-*---^—.1,411,983..
H>
stock,
Northern New England Co.—Initial Liquidating Div,—
,
income-
oper.
V'.'v',,
prefeired
si This compafiy; holding company for the New England Public Service.
Co.- (NEPSCO),-following an order
by the Securities And Exchange
Commission,, Js to. distribute as an initial liquidating dividend on
1948—7 Mos.—194?
'
^
55,062,849. .4.7,750,8.62 374,455,078 332,738,557
Net'
$1,005,131
$1)
(par
Northern States Power Co.
(Minn.)—Registrar—
;
v
•
1948—Month—1947
66,757,498' 57,228,-882 '436,092,572 396,865,500
Miacel.
266,856
>
1948—3 Mos.—1947
March
SEC
,
expenses——
Total
yXXH $i.392,691* $lj329,859
Missouri Edison
a
,
pointed, registrar of the cumulative
par value.—V. 168, p, 649.
revenues——
"
.
LV; 168, p: 648.
Peried End. June 30—
the
stock
X.The Chase National Bank of the City of New York
$1,608,918
»
oper.
/Net
*
it
266,856
with
capital
Electric output of this
company for the week ended Aug. 21, 1948,
61,342,000 kwh.,-; as compared with 54,495,000 kwh. for the
corresponding fweek last., year, and increase of 12.6%.—V. 168, p. 746,
$990,368
•-,X\> >..
h; 490,646
Consolidated
RR.—^Earnings—
Z,'* 1* r< ^' rrV ^
Equi^. & it. fac." rents,
$1,596,715
' ;
..
^Northern States Power
11,694,649
9,478,020
61,637,494'' 64,126,943
♦Ry.f. tax ..accruals-^.—1, .4,563,325.'. 5,055,956 531^080,545 ;34,707^901
*•715,479
$1,659,547
Net income
$58,094
$33,100
Dividends applic. to pfd. stock for the period--
Net
•'
July 31—
*'
j
N>etvfeV.'*
$2,311,994
'902,855
72,943
-
k
filed
of
253.
p.
revenues
revenue
income
—V..166,
1,788,538
oper.
Ry.
Ry.
■
•' Other
Income & other deducts.
if,
ii'..
'y \:
Period End.
890
:
Gross
..
$2>556,960. $2,311,104
*.'
operating,
Total
.
95,417
revenues—.
oper.
of
•
746.
*
X
Other
.
1,312,278
——1-
surplus
'
'
.
93,871
.„
filing
New York Central
1948-^-12 Mos.—1947
$1,017,660 $15,265,141 $13,323,359
617,771
8,903,211
7,757,088
89,636'
l;626,570
*1,389,968
74,248 "
1,125,898
941,199
; T
*
-J
80,000
1,052,502
924,000
752,112
.
-
—
*
*
*
Other- income-^
168, p; 252.:;
Mississippi. Power & Light; t)ri.-?-Earnings—'
Period Eiid'June 20—
to
—,V.- 168,-p.
-■
...
Operating
>
shares
168,
'Operating income—
„
183,3*45
$4,338,532
1,559,025
$1,501,535
.
Return
.
.
-Registration Statement
7448)
totaled
Net
.
parent
as
666,667
J 8.—V.
^
Operating
X jJ-:'»!"." "J". X
$2,813,814
$2,779,506
t
the
749,559
:
'/-'i'.income *
v'.1/
an
:
(No.
.
$2*87
$2.83
Ltd.-
12 Months Ended June 30—
Total
$3,862,610 -V $4,678,300
299,236
*339,767'.
—
deductions
t:
Mines
statement
covering
k
$4,494,955
-
132,709
-
'■
f
2,303,045
$3,729,900
.
Gold
Northern Pennsylvania Power Co.-
\
•
1,877,124
2,525,694 *
^Operating incoine -l.i-ll.-l_.
5,595,949
■:
.1,627,581
plant & equipment--
prop.,
on
—
and
withdrawn Aug.
1,293,750
1,684,198'
,
Inca
registration
194°,,
1,716,566
-Other 'Income
;
•
earnings
purchaseed--—1
other
Net income
2,'807,211
North
Withdrawn—
Th«
vmaltttenanfcef:'!.^^^a'v/2,036,461'j
$3',924,949
$9,562,260
3,838,000
i!-!!
Consolidated
reached
for
Power, gas & steam
com¬
share
per
common
1,582,000
$2,907,211
100,000
_____
paid--.
stock
mon
$4,600,365
2,036,000
taxes;
Amount earned*on
♦Earnings
$4v943{2ir
»
inc.
state
(849) * 13
at
w_
624,310
;
,
reported
y 12 Mol. Ended July 31—s-'.-1948
,1947 ,
Operating revenues_____>»_______i__^
$27,375,427 $23,377,685
Operating
expensesI__T__2___.»-—i 15,739,222 11,724,610
* Li
:
week is
122,673,000 cu. ft.
2,514,000 cu, ft., or 2.09% above production of
the corresponding week a year ago,*J
>
of
ft.
cu.
20
Aug.
consolidated
$9^281,704 i\$3,300,639
$4,246,321
.125.750
..
income
&
120,159,000
J''1'
t
* - *
'
Fed.
This ifi- an: increase
42,358,048 , 36,746156
19,274,345
$4,817,461
profit
other
for the
output
$26,897,270 $23,520,666 $51,639,752 $45,047,095
Net, sales
»
1948—6 Mos.-—1947
Mos.—1947
Fer'od End. June 30-—1948—3
'
COMMERCIAL; & ; FINANCIAL CHRONICLE
Gas
(& Subs.)—Earnings—
& Mfg. Co.
Minnesota Mining
"
'
THE
Number 4729
Volume-165'
,
an
additional.iV$900,OQO investment::, in it> subsidiary, .Pennsylvania'
•' Power
Co,, for construction, of it3 own and Its subsidiaries, and for
IX 73« Income 4axes
" 083,500'
2,367,063 *
*
1)99,500; •,4,615,500
prepayment of' $3,125,000 .of outstanding
:
instalment notes.
"
Other., ry,-tax accruals : , 411,437-,
♦2,804,934
3,172,900 „
>34,&da* - $160,477
$157,429
; 453,245
'> Net,
281,
9,190,331
5,463,823
•'
;
•1! .652',x, {y X y 010
fy. oper'. '.lriconie—_'
1,246";231
432,100:
CONIPARATIVE INCOME ACCOUNT rXX' ''
XV
8,152,436
4,205,669
.
X Net", income
l,25r,792,.,254,775:
X Period End. jhly 31—
1948—Month—1947
: 1948—12 Mos.—1947
$34,789
$158,338
$161,128
:
♦InCluiles" adjustment' of Railroad. Unemployment Insurance Tax.—
Gross
revenue-,!_X„Ji_
$3,533,184
$3,265,459 $44,849,412 $41,103,138
V 49,588
1?*
•;/ •/? •;:}
X 12;384*,i -53,958 x
'W';:-" HJ-mr iV'X
,7. Operating expenses—^.- - 1,921,296
1,664,979
22,434,382
19,206,250
i:-:r^l
f
--:4•'.'•**'^'
Prov. for depreciation
304,073
278,416
3,520,591 ■ 3,311,122
$22,405/- ' $107,171 r $108,751
V
I
-844,654
ifi <^oSs.Xlncome'.2.2:Xi-^
733,444
$'8,5.01,^54" $6,804,015 1$62,928,836 $31,992,239
:
r
.
$37,993
156
-
Other
income
>\
y*'f.
.
.
-
,
v;
Oro ssincome' i_'—-
14,073 :
.
.
'
$38,149 v
'-•*
Int. and other deducts..
"
Net
-X
income
$24,076
.
Div. requ.rementson pfd.
—V.; 167,
1,855
.
in
stock
common
-
.1,855
v
$0.22
V. }■'
,X
>
;
9,494
i
$0.21
•
: "
7,437-,
^
'•
;,
"V
p. 2689.
New York, New Haven ^ Hartford Ritj;
Fiinds fhr Payment of 6% 6onds bf l940—
,
-stock outstanding '-^^
Earnings per share of
;
$1.00
X
'
$1,00
-
C
DumaiheVtChairmnn
JPw C^
.
24. that
f
the
directors
the
of
canvass
Qf the Board
—
Deposits
v
and:*Pr6sident^ said* bb' Aug.
■
-f:
-
*
,
:
Aug..31,
on
•
,
would be authorized.
1940
indicated
that
at
their
meeting
*
further stated the
He
Int.
.
,
'
»
.
4"
.i
revenues-
(net)____
X
and
other
$7,928,249
$7,523,027
3,272"
4,732
58,962
53,014
$411,531"
_______
$542,180
$546,912
$7,987,211
1,158,779
$7,576,041
$6,828,432
$6,135,127
957,534
957,534
$5,177,593
deducts.
87,040
92,777
Net income
l_
$324,491
$454,135
D:vs. applicable to ptd. stock for the
period
Balance
^
—V. 168, p. 648.
Richard L.
X
$408,259
$5,870,893
Gross' income
Inc.
the
month
Western
1,440,914
partial
company has purchased for $250,000
in Mobile, Ala., as part
of.the company's
W.
for
remodeling this
are
-
W. French,
completed,
Mobile
Jan.\
>
*
its
1
anticipated
starting
warehouse
operations
1948.
Tenn.—V.
in
;
-
.
..
; ' '
■■y&c
v
' X
Net
Divs.
_
The common stock
on
'
the
-
*$1,767,733
;
in
Inc.—July Sales Up 31.7%—
1948—Month—J947
'*
1948—7 Mod—1947
due
Sept.
1,
account
unt
tn
1936,
of
plus 8%
interest
__
income
forecast
based
is
both
on
substantial
th
debentures,
record Aug. 20.—V.
I67, p. 654.
other franchise
jurther debt'reduction./CiM'yry
later this
fall
on
consummation of
the
sale
of
a
tract
•
■
r;-;
•
*•■'
*''•*
Safes
-
0
c
and
I*i..
payable
due
Sept.
Cr/.i.
4
Sept.
1,
Bernard
A
J
1,
A
1948,'
Inc.,'
1.
.
i
i
4 Weeks Ended
Aug. 14:, *48 Aug. 9, '47
20,415,005
The corporation
pared with 672
a
on
Aug.
year
14,
the
week ended
kwh.
above production of
ago.
1948, had 675 stores in
Electrie
August 20,
This
32 Weeks Ended
Aug. 14, *48 Aug. 9, '47
^ '■
*' ■" •? *'*■'•• •
£
i •
15,720,007 164,362,108 123,698,044
before.—V. JL6d,::p. 6^9.?
New England Gas &
For
put of 15,927,490
is
an
X
has
been
elected" President
of
Effanbee
Doll
v; "
'
v
E.
son of the late Hugo Bauni who in 19l0
Fleischaker in forming the Effanbee company.
\
I
.
"".i J'
t
12 Wks. End.
>
f
York has been ap-
com¬
Association-—Output—'
y^yy:^yy'.:-^.-r:Yr.
i
253.
}
;
—24 Weeks Ended
-
X
——
31,651
Cr29,595
3,400
Crl51,525
74,632
$459,021
${7,274,744
$7,189,582
80,540
966,469
966,469
J.
E.
—
Bassill, President of this corporation and
on-Aug.»
kwh-.
or
out¬
7.0«%
year
merger
that
X $460,298
'
J;
'
Balance
it
of American Bemberg
stated that the directors „of the two companies
will be difficult, although desirable, to effectuate a
before expeditious sale of the
Bassill
379,927
367,957
<
.
;
80,541
$3^9,737 t
—
t
directors
government's interest in the* two
ycy
..
said
^
$6,308,275 : $6,223,113
8378,481
.
168, p. 487.
—V,
Oklahoma Gas & Electric
Period End. June 30—
Co.—Earnings—
and
7,113,730
16,352,486
14,030,671
$2,456,067
income—^
oper.
Other
$2,372,791
$5,164,786
$4,915,173
8,029
140
399
332
$2 456,208
$2,373,190
645,773
$5,165,118
V 1,364,609
$1,727,417
$3,800,509
income
Gross
income
Total
income
Net
income
—V.
»•
.
$9,486,521 $21,517,272 $18,945,843
>8,292,458
taxes
Net
,
1948—12 Mos —1947
1948—6 Mos.—1947
Operating revenues-- $10,748,526
Total oper!- rev. deducts.
168, p.
deducts—
663,385
,
XX-
$1,792)822
—
746.
'
rx
'
'
*
i
<
s
i
^
-
Pacific Coast Aggregates,
'
'
-
'
'
"
'
$4,923,202
•r
1,357,108
$3,566,093
'
1,>'
J
-
'
.
^
Inc.—Registers With SECL^.
The
SEC
company on Aug.
20 filed a registration statement with the
covering- 184,245 shares of common stock ($5 pari.
Underwriter*,
Inc., and Schwabacher & Co.
stockholders of record Sept. 10
Blyth <fe Co.,
to
common
for
each, three
for working
shares
held
at
$4
The stock will be offered.;
one new share
Proceeds will be used
In ratio of
share.
per
capital.-—V. 167, p. 2973.
pacific Financed
;
: :
■
.
'
'
'
•
Corp, of California—^Places Preferred
Stock and Notes Privately—In order to improve the;
company's capital position the company recently ar¬
ranged for the private sale, on or about Aug. 16, of 15,0C0
shares of a new series of $100 par value preferred stock
at $100 per share. The new preferred stock is designated
"5% sinking fund series" and carries warrants entitling
the holders to purchase, on and after Oct. 1, 1948, and
until Dec. 31, 1953, an aggregate of 30,000 shares of the
company's common stock at $21.50.
'/ ,
/».V On June 25, 1948, the company issued a total of $8,50Q,000 of its 10-year 3%% subordinated notes to two .insur¬
ance companies.
Of this amount, $7,080,000 represented
refunding the 3% % subordinated notes issued in 1947.
The sale of 15,000 shares of the new series of preferred
stopk will raisg the net worth of the company to approx¬
imately $15,000,000. This wilLenable the corporation to
issue an additional $1,000,000 of 3%% 'subordinated
notes. The insurance companies have agreed to purchase
these notes prior to Nov. 1, 1948, and thus further ex-;
pand the company's working capital position. <v v
The outstanding 11,250 shares of preferred stock, 4^%
convertible series, were converted to 64,281 shares of
common stock at a conversion price of $17.50 per share,
during the
shares
of
second
that
the
I
continuing to examine the
question, however.; They have been informed that the government is
continuing its preparations for a prompt sale.—V. 167, p. 2136.
are
quarter of
stock
common
In addition, 2,500
1948.
were
issued
under
the
em¬
ployees' stock option plan at the option price of $18 per
share.
Our
!
common
19
companies.
Mr.
2,015,314
"v J
^> !:S •*• •
stock,—
,
$9,672,095..
2,039,923
163,849
.
sales--
Profit
Corp.,
this Association reports electric
1,049,588
p.
'
* y
T
June 12,'48 June 12,'48 June 14,'47
—x $5,989,021 $11,614,777 $10,999,065
before' Income .-tAxesX-*--—X 1,302,899
2,512,240..
3,111,4.74
Net profit after taxes
—IX—U X- 800,899
1,542,240
1,905,474
Net profit per com. sh. (cl. A & B)
$1.56 *
•
$3.01r
$3.72
-Net
consider
Increase of
Co.,
He i3 the
.
operation,
My
14,877,902 kwh for the corresponding week a
X:-X
_
m
,
pointed registrar of the common stock, $1 par value.—V.'168,
a
.
Baum
Bernard
'tThie phAsfe. IlatlonaixBank; of the Pity of New
Mlc
_
with
-Registrar Appointed—,
l" 1937x'plus
1937, on the
to holders-of
a
H.
subsidiary.
a
joined
.
•
______
land
,
National Tea Co., Chicago—Current "Sales
Up. 29.8:%—.
_
of
required for water operations in. the Woodhaven terri¬
See also V. 168,vp. 746.
• »
" .V
V
V' " :':":-X'^'Y'V-.; V/>X.V:X(?1;^
'."/j ''
"* • / . '
5.4
'Ndrth1 AmeHPari'. Rayoii CqrP*r—Earnings, Etc.—
Period—
of
economies
by the new management since assumption of control
benefits to be derived from either, reinvestment of
and
X; Noma Electric: Corp^New President of Unit—.
if■"**'
~
.
accrued; and due March
accrued
T
In<■/»c
1 r>r\mn.
6%
This
"'
-
2.4%
30,
the
„
$1,296,348 $16,127,,029 .$11,398,624
-■
and
debt
of
amount
Queens not
tory.-
National Cuba Hotel Corp.—Interest
Payment —^
The -directors have declared ian Interest'
payment of 9.1% to cover 1%
balance of interest accrued and due March 1, 1936, plius 3%' accrued
30-yecr
r
company
ceivable
J
ix
vxxx4
■..
will have available for these purposes this "yeay^ be¬
sides additional proceeds from, the Flatbush liquidation, $600,000
re¬
ceived on July £o froml the Clty.of Norwich, New York, for title to the
water" system serving that community.
In addition, $352,500 is re¬
.
.Perioa End. July 31—
: y-j:y
;• ■ yr V* ; x
of; $605,300 on :the reduced
...
proceeds from sales of properties in plant additions in
The
of this company was admitted to dealings
on Aug. 2X-V. 168. p. 348.
,.
23,
areas-or
j
New York Curb Exchange
National Bellas Hess,
y
pfd.
on
>?
$9,518,461.
31,691
income X—
.
966,720
3,116,148
4,830,803
169,005
debt-
disc
•
except
outstanding were earned 1.37 times in the year ended June
In the preceding 12 months,, which included earnings from
April
on
(The) Muter Co.—Common Stock Listed—
,
court.
operation effected
*
<(
■
' ,r;
subsidiaries,
its
payment of
Rosenthal.
•
167, p. 2362.-'"
all
Co.,
property, interest charges were covered just under 1.5 times.
Improvement in both the gross corporate and net income—currently
running at an. annual rate of $1.93 per share—js anticipated by Mr.
announced-that the company expects to
complete by
$500,000 warehouse to service the recently established
division at Nashville,
'yyo'/A-. ■:;■. ;
and
company
for
Piatbush
also
new
the
of
Water
Interest, requirements
*
pow
long-range business expansion
sr., Chairman, announced on Aug. 25.
Plans
acquisition" containing 168,000 sq. ft. of
space,
and
the
company
IX ' & vvvSk-XX; .
Oct.
on
Mr- French
new
Warehouse
waterfront
a
June
Yoik
New
recently stated that earnings
president,
$1,500,000 of the court award of $2,521,890 in the
proceeding brought by the city to acquire the company's Flatbush
property. Such payment on account was without prejudice to the filing
by both parties of notice of intention to appeal from the finding of the
lower
This
Rosenthal,
of
exceeded those of the corresponding
month in 1947, taking into account the severance of Flalbush.
The
company's financial statements also reflect the redemption of $1,500,000 principal amount of its first mortgage 5%
gold bonds, series A,
and a consequent reduction in fixed charges.
Funds for this purpose
were
obtained after
negotiations with New York. City providing for
"
Mofire-Haudliy Hairdware Co., ine,—Buys
program,
debt
966,720
3,662,249
4,747,008
$662,922
.
..
oper.
income
Other
-long-term
of
80,560
578,5811
$631,401..
Other deductions
r'y
-V
r
_
Net
income
^V;
,
80,560
695^54
taxes.
axes—)
..
.
'}.'■ ■).
on
Amort.
'
V
acquis.
income
Gross
.
•
•
of plant
Federal
J948, payment,of the company's secured 6%
gold bonds of
company had deposited
cash with-the Irving Trust Co., One Wall St.," New York, N. Y., to
Monsanto Chemical Co.—Changes in Personnel—
;
enable that.bank to pay the* tiolders of these bonds the unpaid prin¬
James B. Irw'n/ Jr., Supervisor of the
company's chlorine depart¬
cipal and interest due thereon. Holders of these bonds may receive
ment at
Monsanto, 111., has been appointed Assistant td the President
principal arid interest to date of presentation prior to Sept. 1. ". to succeed R. U. Haslanger,
who has been named Assistant to the r
Payments will amount to $835.50 on eachi $1,000 original face* Amount
General Manager of the Western Division, at Seattle, Wash.—V. 168,
*• of
bonds together withL intereaf. from. June 26, 1948 to Sept. 1^ 1948
n
x: -. ' v;
P. 347.
-v,
...t: '■
at
the 'rate-of 6%
-7
per. annum
(amounting to $9.05 on each $1,000
original-face amount of the, bonds) and* no interest will accrue(,after
Montana Power Co.—Earnings—
.Aug. 31.
.•
••:
x-X.■■
Prior to Sept. 1, 1948, the Irving Trust Co. will purchase any bonds
Period End. June 30—
1948—Month—1947 $ 1948—12 Mo^.—1947
Dperat ng revenues _1_
$1,639,577
$1,546,095 $21,330,060 $19,801,229 v presented for sale at ■ $835.50 plus accrued interest to the date Pf
presentation.* - '
.'
•
Operating .expenses
440,495
515,719
5,770,503
5,448,344
The payment of these securities will result in the surrender of the
Federal
taxes
L——1_
397,611
269,718
3,813,718
3,449,053
collateral held by Irving Trust Co. as trustee, consisting of 62,090.51
Other, taxes ——r_
? 68,702
192,988
2,300,616
1,863,831
Prop, retire, and deplet.
X shares of preferred stock, which will be retired, $8,200,785 of first
and refunding mortgage bonds. 4's of 2007, and $11,695,164 of general
reserve
appropriation
125,000
125,0G0
1,500,000
1,500,000
:*
mortgage income bonds, 4'/2's of 2C22, which will be held for the
Amortiz,. of limited-term
investments
present in the company's treasury—V. 16b, p. 649.
3,861
3,861
Amortiz. of utility plant
acqu.s. adjustments!13,113 '
13,113 '
New York Waiter Service Corp.—Earnings Up—
'
Amorf.
y... gdjdstments Xxi-XXil:;
I .Ge'nerat taxes; ^
,
stock
had
;
a
•••-;.•
'
book
+
.:/■
value
f
of
■■
:y"
$20.65
>
per
the preferred
equal to $615.03 for each $100 of such stock
share at June 30, and net asset coverage for
stock
was
outstanding.
common
'
'. i
Corp.
>
.
..
310,537 shares of
stock of Pacific Finance Corp., which represents
Lockheed
Aircraft
now
owns
.
THE
14 ; (850)
&
COMMERCIAL
Gas Co.—SEC Exempts Sale
Bidding Rule—Holds Proposed 200,000-Share Offer Would Fail of Purpose — Underwriters
Public Service Electric &
Piedmont Natural Gas Corp.—New Gas Line to Southapproximately 57% of the 548,584 shares outstanding at
June 30, 1948.
,
1 <
1 *
g: east Proposed— J'! yf:>y ■, ■'^-'ir-'t
JUNE
ENDED
MONTHS
6
FOR
EARNINGS
$941,456
Net
dividend
for
income
shs.
of
of
$616,446
65,313
65,313
Earned
71,875 ft
requirements^—
outstg.
.share
per
■:—
share
per
•
■■
514.360
$1.69
.—-
>•,
\
9"
310,000
$1.06
$1.78
s
$1.78
tAfter year-end tax adjustment. INot reflect¬
adjustment resulting from filing of consolidated income
with Lockheed Aircrait Corp, {Restated to give effect to the
•Originally reported.
ing
year-end
tax
return
yeai-end adjustment resulting from the filing of a
Aircraft Corp. for a portion of 1947.
consolidated return
viile
With Lockheed
LOANS
DISCOUNTS
AND
Months Ended June 30—
6
ACQUIRED
Direct
other, wholesale
and
loans
consumer
for
52,728,323
pared
AND
LOANS
DISCOUNTS
exception
the
companies served by this company
totaled 260,043,000 kwh., as com¬
corresponding week last year,
168, p. 747.
V
shares of the Midvale
390 of the 500 common
provided in an agreement dated
addition, the company will pay
payment for
Co.
as
viduals.
In
of
loans
consumer
Other
business
13,642,017
4,854,951
loans
11,855,966
5,847,707
2,897,469
surrendered.—V.
9,716,045
2,670,158
.
companies.—
finance
to
3,663,789
——
brokers.
'
hand, $18,906,188; receivables, in¬
-
-
-
•-
Purchase of Car—
Stockholders to Get Preference on
-With orders received for more than 10,000,000 shares of the 20,of
approximately
$11,600,000 maturing
after
000,000 share offering of comoran (stock of this ^corporation,, a eall
$81,688,174; marketable securities
(at cost—
for
the money is being sent to prospective purchasers, it was an¬
market
value,
$o5,0u0)* $37,500;
cash4,deposits (under reinsurance
nounced on Aug. 24 by Tellier Ab Co.
.
^
'
agreements and for
purposes
required by Insurance laws) $62,407;
At the same time Louis Horwitz, President of the Playboy company
repossessions
(at
estimated. - realizable
value)
$225,450; equity in
Pacific Finance Building (net) $492,293; furniture and equipment- (less :l announced that buyers of 100 shares or more of the stock will be
given preference over the general
public in purchase of the new
reserve
for
depreciation, $241,639) $045,756; unamortized leasehold
$i,ooo car with the convertible steel top.
*
* •
improvements $200,530;! prepaid interest, stationery and supplies, in¬
:
All cars produced by the company, when it achieves mass produc¬
surance, etc. $400,231; total, $102,658,529.
'.r-^v V%
tion, after providing necessary cars for exhibition, sales promotion
LIABILITIES^-Notes payable (unsecured) $72,200,000; accounts pay¬
/ and
administrative needs, will be set aside initially to fill orders
able
$560,356;
Federal
income
taxes■..$947,814;; dealers'
reserves
received from stockholders he said.
"
A
- v
(equities in receivables withheld) $4,226,225; unpaid .insurance claims
Walter F. Tellier, head of the underwriting firm, said that all
and adjusted expenses $193,103; unearned insurance premiums $2,500,payments for the stock wil be held by the underwriters until the
312: 37/8% subordinated notes maturing in 1958 (subordinated to other
minimum of $8,500,000, less the proceeds from the sale of franchises,
borrowed funds and subject to annual payments, beginning March 31,
has been paid in.
1950, equal to 34%
of consolidated net income but not over $637,Proceeds from the sale of the issue are to be used In tooling and
500) $8,500,000; 5% preferred ctock ( $100 par value) $2,200,000; comequipping the company's huge one-quarter mile long plant at Buffalo.
mon
stock ($10 par value), $5,435,840; paid-in surplus, $3,665,819
A pilot production line is turning out
three to four cars a week
earned jsurpius, $2,179,058; Utal, $102,658,529.—V. 168, p. 746.
which are being distributed to dealers throughout the country.
To
cluding
June
-
on
underwriters, announce that to Aug. 20, 1948 orders
corporation total 10,444,000 shares from 151
& Co.,
for stock of the Playboy
CONSOLmATED BALANCE SHEET JUNE 30, 1948
ASSETS—Cash far banks and
Shares Sold—
Playboy Motor Car Corp.—10,444,000
Tellier
installments
(net),
1949
30,
U-50 was adopted."
considered by
■
.
,
of the rule
the industry
as
a whole from
compliance with its provisions," the SEC said, "we
see no occasion
to grant an exception for the reasons advanced.
y: "However, because we believe that a sale of these securities at an.
appropriate price at competitive bidding has now become unlikely, and
in
view of the
pressing financial needs of the company, we havedetermined to grant the requested exemption."
'
The SEC said that it did not question the right of the company to
postnone the bidding or to reject bids at discretion because both
procedures, when properly employed, were safety valves useful to the
operation of competitive bidding.
It was not, the Commission indi¬
cated, pleased with tbe public announcement of bids after .the date lor
/, *
"'
receipt of such bids had been extended,
"It is Inconceivable," the SEC said, "that management, .its financial
adviser
and representatives of the underwriting groups could not
have been aware of the fact that bids are customarily made publie by
members of the groups at the time fixed for their receipt by the comthe
and
•
650.
p.
com¬
experience with the administration
positive benefits which have inured to
of
view
"In
5,111,963
..—4—$86,712,288 $81,906,104 $64,626,052
Total
.
168,
from
bids and asked again,
ground that a better
all have heretofore been
general nature and
ft
Commission at the time Rule
,
Loans
f
,
price could be obtained by a negotiated sale. •>:.
t
■
Tile Commission said that without detailing the reasons why Public
Service
sought exemption, "it is sufficient to state that they are
...
Direct
(7) On Aug. 4, Public Service rejected the
exemption from competitive bidding on the
for
July 22 with five indi¬
to the Midvale stock¬
holders $59,280
Upon acquisition by Pittsburgh Plate Glas3 of the
1947
1947
1948
stock the Midvale company will be liquidated.'
«
.
•'
/Automobile
and other
retail
inFor the remaining 110 shares Pittsburgh will give these stockholders
i
stallment
receivable*
$55,472,476 $48,783,048 $35,175,515 Sf
$4,000 in cash and accounts receivable for each share of Midvale
10,958,740
Automobile and other wholesale
9,872,686
12,521,914
Coal
June 30
Dec. 31
"
for exemption
asked
Service
petitive bidding requirements and receipt of bids on the stock wa®
postponed until July 21.
The SEC refused the request.'
(5) However
before Public Service could announce on July 7 that,
it had set a new date for the receipt of bids, the underwriters hadL
made a public announcement of their bids.
(6) On July 15, after consultation with
the underwriters, Public
Service postponed until Aug. 4 the date for receipt of bids,
.
company
partial
OUTSTANDING
June 30
,
in this
June 30 when it gave
began on
suggested a negotiated sale.
(4) On
July
7,
Public
■
Co.—Acquisition, Etc.—
stultified by issuers or underwriters.
preceded the Commission's decision
permission to the company to
sell the stock at competitive bidding.
The events were these:
(1) Two groups of underwriters, one headed by the Union Securities
Corp and White, Weld & Co., and the other by Morgan Stanley & Co.,
qualified as purchasers for the stock. .
'
,
(2) Public Service advertised for bids on the stock.
(3) On July 6, the day before the bids were to have been opened,
one of the underwriting groups advised Drexel & Co., financial advisers
to Public Service,
that the bias probably would be disappointing and
matter
.
...i—135,873,115 113,464,495
indication
an
another, its processes are
A series of events that
<
:
has registered 40,560 additional common shares under
Securities Excnange Act of 1934.
The shares are to be issued as
The
-
Total
12.3%.—V.
of
Pittsburgh Plate Glass
emphasized
"as
for the
kwh.
231,568,000
the Commission's decision was a statement in which
that its action in this case was not to be construe*
that in the future the Commission will grant
from the provisions of Rule U-50 when, by one means or
Accompanying
it
X
1
output of the operating
ended Aug. 21, 1948,
with
increase
an
11,131,910
15,377,676
6,900,161 h 6,544,578
5,337,539
5,593,615
1
..........
—
Spartan-
.
.
Engineering: Co.—Weekly Output—
week
the
37,722,145
59,417,254
—
leans
business
Other
'<
'
'
Electric
48,584,409
—
companies' -i.
finance
Leans to
Va.
1947
$
Automobile
■
the
of
name
Pioneer Service &
1948
<
other retail. In3tal. receivable—
Automobile &
//
organization will be the Piedmont Natural Gas
Corp. and it will Include areas of Texas, Louisiana, Mississippi, Ala¬
bama, Georgia, South Carolina, North Carolina and Virginia, Conyers
Said.
v
''M v--' ii'v
iv
'k: »;
■
v-.
He added, the application seeks authority to construct and operate
a
natural gas pipeline approximately 9S0 miles in length, originating
in the upper Gulf Coast oil fields of Texas and southwest Louisiana.
No hearing
date on the application has been set by the Federal
Power Commission, but the brief says the applicant proposes to begin
construction within 90 days after the granting of the certificate.
A map submitted with the application shows the proposed pipeline
beginning m the upper Gulf Coast region of Texas, running approxi¬
mately through the center of Louisiana, Mississippi and Alabama,
across
upper Georgia,
through the Carolines and ending near DanThe
310,000
310,000
$1.59
Aver, no. shares com. stock outstg.
during period
Earned
-1 ■
310,000
$1.09
548,584
—
natural gas corporation to serve the Piedmont
yv
i. ■
Southeast irom Texas to Virginia, with head¬ ■Criticized—
^ > i
The 8EC, with apparent reluctance, exempted from the competitive
operation :.t bidding provisions of Rule U-50 of the Public Utility Holding Comwith the
pany Act the proposed sale of 200,000 fhares of cumulative preferred.
the
President./'"'r''■:
burg as.
'
$551,133
V
end
at
8123,500
\
$330,233
$869,581
stock—
common
com.
period
of
$395,546
income
Net
Preferred
No.
1344,400
of
area
quarters in Spartanburg, 8. C., have been announced.
^
Application for a certificate authorizing construction and
of the development for naturai gas was filed in Washington
Federal Power Commission, listing W. Priestly Conyers, Jr., of
$739,946
$739,946
802,000
taxes—
Fed. income
for
C.)
(S.
' tl946
taxes'; $1,743,456
for Fed. inc.
before prov.
Inc.
Provision
of Preferred From
Plans for a $75,444,000
30"v^^V..;
*1947
1948
Monday, August 30, 1945
CHRONICLE
FINANCIAL
our
many
'Tt was impossible at the time of the postponement to insure the
which w'as its Only justification, and it therefore held -pa
possibility of achieving its stated objective.
After the bidding pro¬
cedure had progressed to the point reached in this case/ acceptancesecrecy
•
,
-
date
Pacific Gas & Electric Co.—Financing
It
Aug. 20 said in part;
.
,
consolidated net loss of $666,493 for
after a tax credit of approximately
$380,000 resulting from carry-back of an operating loss.
The results,
on
the surface, are not favorable but, nevertheless, the first Jialfyear has had its encouraging aspects,
f
During 1947 the company booked a substantial number of orders,
for fabrication during 1948,
at prices which made it impossible to
John X. Snyder, Jr., Chairman, on
This
mortgage bonds.
The interest rate and maturity
date of the proposed issue will be determined later.
The-. Issue will
lie registered with
the SEC to provide for an
early
refunding
October
CONSOLIDATED
-
INCOME
1948
Purchased
Natural
<
©Cher
■•
repairs-.—-
and
amortization—i.__
(including Federal taxes on income)
production, transmission, distribution and
general expenses 1
.
;
Net; operating
35,757,416
—
33,500,193
35,333,851
440,847
33,910,815
35,774,698
34,220,879
>
SUMMARY
OPERATING
had
inventories
normally
Pulp production, tons
—
Pulp 'sales,tons
—'
Alcohol production, gallons ——I.
Alcohol sales, gallons
;
EARNINGS STATEMENT 6
iwena
interest
——
310,064
discount, Ac., deductions.!..
101322,762
9,835,544
'
•
.
on
common
Freight car .production will continue to show-losses until all orders '
in 1947 have been completed.
We then will be able to begin
on
orders taken- by the present management.
All such
-
stock..........
14,074,310
12|522%48
2 946 769
3 431 931
production,
-
■,
l_._
•
131,218
$3,213,642
y estimated
:
—V.168, p. 549.
s$2.40
*2A2
,
vness
;*■
^Pacific Telephone & Telegraph Co.—Registers
'•KhcoveHnens7^°nnrf^n 2£ filed
covering $75,000,000 35-year
proceeds will be used to reimburse treasury for
take busiof
own
construction
•jOsWiary, Bell Telephone Co, of Nevada.
as
as
Expected Sept
that-'of
its* %
share
wAjeco
to
tpprcval
of
of
aie
to
stock
issuable
;
Pri¬
R.
A.
*
Co.,
p
iir''
\
All
been
of
authorized
p.
Net
^
of
cars__
$9,230,286
3,318,658
81,424
$9,221,A8L4S5,1097903 $55,707,2IE
3;822,729 "20,173,146
21.521,64®
573,990
564,991
25,372,242
3,280,422
594,632
24,605,25*
3,598,414k
$1,042,754
$641,564
$5,715,101
$5,387,762
2.458,792
2,554,35®
1,869,653
<
V
T
97,454
4,283,041
4,085,944
*
-
opers;__
expenses
(or def.)
revenue
Auxiliary
1948—6 Mos.—194/7
Opers.;
maintenance-
'
504,409
v:-
Operations:
Total
1468.
revenues
347^43
412.215
expenses
301,764
294,969
1,963,182
$45,779
$117,246
$495,610
$684^95
$1,088,533
' > 715,004
V:. $758,611
$6,210,7.H
570,436 - 4,037,686
$6,072,451
: 4,212,890
Service Co. of Indiana, Inc.- -Distribution Ac-
'
;
'
,
stock
result
a
as
of
the
effective Sept.
increase
in
converted
into
Public
Indiana
Gas
Total net
stock.
will
the
on
—■
company's
be
payment
in
investment
reduced
to
of
the
the
1
stock
Sept.
capital
204,680 shares or 31%
-
*Includes:
%'
Operating levenues
—V.
Net
^V
and its subsidiaries for the
amounted to 139,250.000 kwh., an increase
' overthe corresponding-week of last year.
Other
operating
income
income
$933,306
(net)
•
/ Gross
1948—12 Mos.—1947
$846,083
$3,419,937
i Net .income
—V.. 167, p.
■
■-
-
.
-
262,688
$682,059
-
.
-
—
$1,859,561
$657,249
$647,711
373
1,847
$3,304,453
Crl7,059
$3,918j64l
8,821
;
Inc.—Additional Stock Bought—
the
$849,229
$3,465,634
829,888
716,438
$687,880
$2,635,746
$2,320,108
capital stock were purchased in the open
average price, exclusive of brokerage, of $44.33
cost including brokerage amounting to $741,215,
the shares outstanding to 2,593,931 on July 31.
16,600 shares of
at an
total
Radio Corp. of
America—New Circuit—
-
*
circuit between the United
announced on Aug. 23 by
Harry O. Ingles. President of RCA Communications, Inc. The circuit
connects New York and Capetown.—V.-168, p. 850.
:. '
s
Opening of the first direct radiotelegraph
and the Union of South Africa was
States
$3,036,546
.
•
_•
'■
$2,173,025
351.
in July
share,
a
21,184
161,350
-.$944,747..
' r
•*
1261..
p.
A total of
$3,015,361
45,697
3,147'
11,441
income.
168,
Pullman,
market
.
.
•****•
■■ -—•■■■
$187,875
;,
$3,873,058 $16,693,175 $15,469,128
thereby
reducing
3,026,976
13,273,238
12,453,767 % —V. 168, p. 748.
3,422,954
Deducts, from gross inc.
i..
Oklahoma—Earnings—
$4,356,260
____
Operating expenses
J|
r'"
$373,529
of
.
1948—3 Mos.—1947
<
'-.i Depreciation '
Deprec. i adjustments.
""•
Public Service Co. of
to
1
1
Income—
Operating
168, p. 488. -•
and
Period End. June 30—
accrued
Taxes
shareholders had been
dividend
After
Company's
Water
revenue—
1, and the increase in shares of common
common
Service
&
£
Net revenue
.
President, announced Aug.-17 that the company's
for distribution of the capital stock of Indiana Gas & Water
the total shares outstanding.—V.
stock and
The record date is
other
General
Privately—On May 5
outstanding
resulting
from debenture conversions.
To
date,
$2,086,400 of the company's 15-year 2%% convertible debentures have
S-y'?0o,T™4<7. ettKtlve■ Khich date 18
basis.
stock
^l^eend^trACnff0USUtiQ0ifl thiS
—Y T€ 8
profitable
a
-
Inc., to Public Service Company's common
common
■;
12?™^ il
1949 on
•
Gallagher,
program
given the right to subscribe to
common
stock
for each eight shares held
the
Pennsylvania Public Utility Commission
Philadelphia Electric Co.—Weekly Output—
161,
celerated—
be
8;cuntles and Exchange Commission.
•SATbTselt
series
Sleeping Car
•
Public
accelerated
In
throughout the year
-
1948—Month—1947
Period End. June 30—
Total
dividend,
preferred
'
company
1978.—V.
•
■Pennsylvania Power & Light Co. — Plans Preferred
Stock Financing—Rights Offered to Common
Stockholders to Buy Additional Common Stock—
bt°ckhoIder<i
(The) - Pullman Co.—Earnings—
in
1948
sold; privately $3,500,000 first mortgage
3% % bonds series D, dated April 1,: 1948, due April 1,
convertible
g.*S»i
!ote °ct• "is"increasing the
'28SK? shares by a new 75,C00 Shares of 4%% preferred
ttocfc of adding
7*000
quarter of
Providence Gas Co.—Bonds Sold
last
vately—The company has placed privately
through Gor-
MayTlIsT' $M0°'000
fourth
Conducting car
.
due
fabrication
•Maintenance
part
it to operate
—V. 168, p. 50.
2l.-V/16s!
051 Lease®' Inc* ^ Debentures Placed
debenture^
of the
for
1 enable
borrowiniS-aSd
well
shares
Total, revenues
bidding,
$6.5®
terms except those which would provide for a margin
not
latter
——$8.26
timber
and in 1949. It is the
expectation of the management that additional orders will be secured
5 so that before the end of 1948 the company's backlog of.orders will«.
costs of improvinr
from American
repay, advances
5 & Telegraph Co.,, parent, ,:and , its-, bank-
IfaJaiuje to meet the costs of its
The
.34
annual installment.payments received- from sale of
properties, f tOn 389,094 shares in 1948; on 340,711.
in *1947, after provision" for preferred dividend.—V. 168, p. 55€L
Canadian
.
5 registration statement-with the
due 1983.
The name*
•Stoipnhnii!ngT^lephone plant; to
0
profit.
any
previously -experienced.v
Substantial
orders
have
been
secured
recently
\ the
With
debentures,
J1! be .de.terrai"ed through competitive
on
profit
$2,269^341
$6.58
$8.26
L—
———
•Derived'from
margin of
a level affording a satisfactory
present management has refused to
i; new orders are priced at
gain
Total
taken
.
Balance
Net -capital
-
$2,138,016
131,21®
$3,082,424
•
Dividends
1947
1948
$10,332,274 j$6,922,03E
\ 5,127,850 & 3,291^6E
$■
232,773 ' f. i 182^731
1,889,227 , 1,310^81.
to
yybeen'';:'repaid.;%%:y%t^
53^48
52,571
1,293,188
1,223,38*
i!-.
sales and other, income..*.—
Costof sales 'and other, expensee.
•
"isssaTESEznzz—
,
1,455,310
•
ip'-Z-—
ana
30
MONTHS ENDED JUNE 30
Net
.
c
/
194T
65,473
67,813
1,471,830
...
Depreciation;:,
:
Provision for Federal • taxesjLu,!Li
accumulate to the-extent of nearly $4,500,000.
< As a result, many of the company's suppliers naturally were unwilling
Net profit ffoitt operations—
y to continue to do business with the company on normal terms.
*Net capital gain —
——
J
The management has been able to reduce the company's borrowings
!% to less than $3,000,000 up to the present time.
*
It is expected that within the course of the next several months ; ;
- Net income fog the period—."^...
tEamings per common share-,-—
a
substantial
portion of the company's
remaining loans will have
yi "accounts payable"
JUNE
ENDED
1948
abwere
grown
,
Co.—Earnings—
MONTHS
6
r-T-.
-
,
Puget Sound Pulp & Timber
orders on a profitable basis".
company's
the
reasons
i
p/550.;
,
23,961,468
38,690,302
revenues..—
•«ecellaneous income
7,199,214
31,914,824
22,613,650
34,569,516
4.50%.
■Describing the efforts of Public Service to consummate .the financingas
"abortive,"
the SEC said that it would "closely scrutinize the
results of the proposed negotiation and shall require a Clear demonat ration thai? .competitive .conditions: have been maintained."—V. 168,
necessary.
8,510,689
10,892,848
42,606,978
a
1948,
large and, to support them,
additional borrowings
Under the situation confronting management at that time
it was not possible to arrange for borrowings of a normal kind, and
% the company was compelled to resort to loans secured by specific
receivables. Not only was this undesirable type of borrowing necessary
.but the company's
revolving credit and long-term loan had to be
; revised. In a manner agreeable to its lending banks.Total borrowings y
at that juncture amounted to almost $6,500,000.
It was discovered also that the1 company had permitted past dueJ
174,754,619
9,757,412
...
power
gas,vol! and other fuels
Depreciation
Taxes
194,464,557
revenues——...
and
of
and deliver such
various
For
$
months
six
manufacture
1947
•
Maintenance
•-
ACCOUNT
12 Months Ended June 30—
Gross operating
v
report
v$U
company
the first
<
in
offering
'<
dividend rate of
next few weeks to apply to the California P. U. Commission for
authority to issue »and offer for sale at competitive bidding) $75,000,000
and
postponement might have been different.
;
The bids announced on July 7 by the two underwriting groups werer
White, Weld & Co., $101.65 with a dividend
rate of 4.40%; Morgan Stanley & Co., $100.55 with a dividend rate or
4.50%.
The bids rejected on Aug. 4 were Union Securities, $100:90
with a dividend-rate of 4.50%; and Morgan Stanley, $100.55 with •
Union Securities Corp. and
this pilot line, the an¬
on
Inc.—Reports Loss—
Pressed Steel Car Co.,
for
the
first
have been produced
168, p. 747.
Playboys
80
:
Commission said that the financial adviser of the company
that harl he known, the actual bids, his recommendation as to
The
asserted
nouncement said.—V.
officially^ stated Aug. 20 that company, to provide additional
carrying on its large construction program,; plans within'
was
funds
Contemplated—
clearly called for "
rejection of the bids was
or
✓
.
'5
.K
-
;
■
■:+■. \
•.
.
w
•)
(Continued on page 53)
r
rrrfc'-r*'":
Volume 168
THE
Number 4729
COMMERCIAL
&
FINANCIAL
CHRONICLE
(851)
Stock Record ®> New York Stock
DJULT RANK OF
:
Year 1947
87ft
Feb
80
July
10% Feb
Deo
79% Jan
6
100
4ft Aug 13
Oct
■
55ft Jun
11
6
SBft
100
10 ft
13
7ft Feb
10
July 19
27% May 15
Feb
22 ft
38ft Feb
Deo
Nov
3%
28ft Feb
40ft Oct
May
112
<
•
101
Feb
16 ft
Deo
Dec
102% Aug
2% May
25ft May
5% Feb
48ft
S7ft Dee
Feb
10ft
lut
164
May
16
May
22 ft
202
36ft
Oct
not
May 13
May 21
May 24
$4.50
90
Apr 23
Allegheny
3
11
SCar
X171
11% Jun
3
West Ry
Industries Ine
May 17
21% Jan 30
Allied
Chemical &
Allied
34% May 20
25 !
81
105ft July
Feb
Mar 24
11
42% Oct
59% Oct
86
91
Feb
Jun
98
Jun*
35
46
Mar
51
,
Dec
50%
80
Mar 18
31ft July 15
6ft May 17
Mar 18
50
83% Feb 20
v
121
42
Q
Jan
13
10
68
Mar 22
18% Mar
15 ft
14%
15
14%
15
22%
22%
22 ft
22%
22%
22 ft
22 ft
22 ft
22%
108 ft
16%
16%
3ft
•50%
51ft
•72 ft
X
•104
105
♦93
•93
Feb
70
X35ft Mar 19
110% Not
103% Feb
*7%
May
'75ft Deo
Deo
156
Feb
10
No par
186
•83
100
No par
common
preferred...
10;;
9%
:
20
29 ft
33%
33% ~
84ft/
,
•83
X
34ft
89
10
9%'
•186 .186 XX20XX 20
f*29
29ft
186
33ft
100
111
20
36
May
196ft Sep
54% Feb
•4
May
70ft Feb
115ft Jan
20 ft May
28ft Feb
105 ft July
47ft
187
Sep
56
,
16 ft
Deo
94
102
Mar
Deo
101ft
Dec
48% July
118ft Oct
86ft May
48
i
3
100 ft Jan
21
7%
May 21
Amer
Aug 23
5%
*
16
Feb
94
13
Jan
5
10
*B4ft Feb
107ft Jun
11
Feb
Jan
0
3
3 ft %
87 ft
87 ft
"xx
X
29
34
•873/4,
X
52
:
•
101
;
26
26
*63
12%
12%
•12ft
36 ft
36%
36 ft
82 ft
No par
*93%
25%
24ft
•
.10
107
•105%
7%
7%
7%
X-
4%
43/4
4ft
4%
81ft
8iy8
7ft
169
169 ft
42%
41
423/4
■
*94
98
*
44 ft
45 ft
173/4
•17ft
18 ft
88ft
39
38 ft
38%
993/4
*33ft
100
99%
•33 ft
38%'"iiX.
24
•
18 ft
*89 ft'
34%
xx
X'
Jun
17ft July
14ft Mar 10
18
4 Dec
15 ft
19
5
Dee
20% July
6% Feb
S6
Deo
115 ft
Jan
65ft Mar
3
89ft Jan
20
700
>x
18 ft
18%
25ft
Feb
6% Mar
«
14% Jun
24
Mar
4
77% Jan
12
74ft
101ft Feb
Deo
87
X 42%
July
6ft May
49
38%
39%
99%
*99%
100%
600
343/4
*33%
343/4
200
65
6%
*6%
"•6%
6ft
*6'/4
61/2
*6%
17 ft
17ft
17%
17%
17%
*17%
161/8
161/2
16 ft
17%
16 J/2
17%
16 ft
16 J/a
16 J/a
16 ft
16%
3ft
31/8
3'/a
X 3J/a
3%
3'/a
3ft
X;X 3ft
3ft
69 J/a
*68'/a
4,900
300
16ft
Oct
15
.
6ft
Export Lines
Amer St Foreign
67 preferred
67 2nd preferred A
66 preferred.
3ft.
•68 ft
No
6ft
61
*60
17%
1
69 ft
*68
69
11 X
*10%
11
60
}
39 ft
60
•39%
391/4
•5 ft
10
.
10%
11
10%
No par
American Hawailwn SS Co.
43 ft May 17
20
5ft Aug 20
Jun
Jan
May
BO
Apr
Oft May
13
May
18ft May
106 ft Mar
Jun
40
13
14 ft
30%
116
Deo
7% Jan
'
23
20% Feb
<
11
10ft Jan
103
6
Apr
4ft May 15
5
37ft Jan
Apr
;
X34ft
82ft July
:
Jan
July
6ft
I- 5i/a
88
5
Apr
10
92
Jan
11
15ft Jun
American
6%
14
13ft Jan
5
Feb
19
18% Mar 17
Jan
95% Feb 27
Jun
26% Jun
108
Jun
conv
American
13
10% Feb
Oct
6%
26% May 20
8ft May 21
8ft Feb 25
Not
American Hide A-Leather
5
Jan
53
1
com
preferred
Home
Ice
Products
Co
com....
1
24
1%
.
1
common
21ft
100
Locomotive
preferred
•103 ft
NEW YORK
STOCK
13
*16
17
*6%
21%
21 J/a
*103'/a
105
1 per share
28%
101
15%
Dec
*25% May
Sep
Jan
$ per share
21% May 24
79% Feb
Feb 1
147
94% Jun
5
6% Feb 11
24% Mar 9
10
*39%
>
'
21ft
105
21%
125
July
Mar 23
July
135ft July
9
6
6*
JLOO
prelerrtQ
50Q
i
:
-
.——
23Jft
23%
8,000
6%
91
6%
6%
500
*85
89
13%
*13ft
13%
17
*16%
17
21 J/a
22
♦103 ft
' /
500
r-V
5 »/4
49
*47
*13 J/4
17
400
23%
♦83
13%
♦16
200
XX 1,100
40
5 J/4
:
;
'
61 »/a
21%
21%
J'
M
-
i
_x—
^ (,'X 3,300
x;rx,
-
Tuesday
X;\
14%
7'
Feb
39%
8% Dec
88ft May
Feb
29'
Feb
17
Feb
10
8% Jan
34 %
July
T
Dec
16%
Fob
85
Deo
129 ft
Feb
81'
Feb
11
117ft
Feb
72 ft Feb
21
Aug. 25
I per share
9 per thare
Sales for
the Week
Share t
thare
X
*16%
16%
16%
'
♦85
*85
16 ft
*16 J/a
85
85
87
16%
84
84
♦84
XI,900
18%
60
86
7%
73/8
*7%
7ft
*7%
7ft
♦73/a
31ft
*303/4
31%
303/4
31 J/4
30%
300
7ft
31ft
7%
31%
30%
'
'
*125
16%
16
163/a
M
X 87
7ft
31%
STOCK
exchange
Friday
I per
I per thare
# per share
12 ft Feb
13
Feb
170
180
Deo
Oct
16%
84
Feb
42 ft
Jun
70 ft
48ft May
149
Deo
164 ft Apr
Feb
22%
9% Aug
15% May
X
Oct
Deo
8
6
Aug 25
16% Feb
38 ft Feb
40% Feb
14
11
11
172
July
139
Mar 10
Deo
40
Mar
31
Mar 19
.130% Dee
158
Jan
129
Augjl2
85% May
37
Feb
23%
Jun
81
Jun
28% July
29% Jan
32
.
May
116
18%
47%
Deo
May
84
146%
Feb
20
Oct
128
130
62
Dee
♦125
127
127
129
41% May
*116%
60
7%
Deo
120% Aug
8% Dec
Oct
Deo
86%
Feb
Jan
May
80% May
86% Deo
34ft Feb
35
69%
42
600
,
X
130
*125
130
120
8
100
33
Apr
9%
Deo
3%
Jun
30
Apr
X
„./: 9%
87%
873A
*87
78%
78%
78%
78%
'.♦78%.
15
15%
,14%
15%
14%
15%
15
15 J/4
preferred
100
170
par
♦24%
*167
:
♦413/4
par
*413/4
42%
9%
X
9ft
300
89
6,500;
1,000
400'
25 ft
413/4
593/4
X; 13,700
;
24%
*41
58%
100
152
58%
59 ft
♦151
153
603/8
..
150
153
593/4
6%
54% Mar 29
132
Apr 13
46% Feb
116% Mar
7
Feb
14
6
6
Jan
11
Feb
21
17
58
Aug 12
30% Feb 11
American
68 ft Jan
Mar
71ft July
120
5%
22
25
common
preferred
100
preferred
Amer Zlno Lead
24
67
May 19
41V4 May.27
100
•
.
St Smelt com
85 prior conv preferred
Anaconda Copper Mining
Wlra
*
Cable
1
25
50
No par
10
45% Jun
2
Anaconda
38 ft Jan
5
Anchor Hock Glass Corp com—12.(0
98 ft Feb
4
46% Mar
8
18% Feb 11
Jan
8
Feb
4% Mar
Mar 17
2
27% Aug 25
For footnotes see page 26.
107
Jun
11
60 ft Jun
14
36 ft Jun
16
14
20
Apr
6% May 26
3
34% Jun
36ft
183%
5
100
Am Water Works Co Inc
5
American Woolen common—No par
1%
preferred
101
$4 conv prior preference
No par
2
112 ft July 28
8% Jun
Tobacco
150
150
138
67
$4
Clayton St Co
' Anderson-Prlchard
7%
Oil
Corp
Andes Copper Mining
A P W Products Co Inc
Archer-Danlels-MkUand
23%
23%
*233/4
16%
*16%
16%
36ft
363/4
363/4
37 ft
38%
*125
128
19
138
68 -X;
118%
8
.
*18% X19
153%
623/4
137
67%
118%
7%
109%
7%
7%
7%
,61ft
♦60%
37%
36%
49%
No par
28%
•101
63%
623/4
137%
137 ft
68
68
118%
118%
8
.
18%
18%
1533/a
.
.
7%
•118
8
51
51% x
99%
99%
109
♦102%
7%
7%
•60%
62
36%
X
7%
7%
50%
70'/a
ft'
8
•118% 118 ft
7%
8
51
51%
♦99
IOIJ/2
111 ft
rill J/2
51ft
101%
,
•101
7%
7%
7%
'
62
*60 J/2
62
68%
118
*98
X
110
62"%
137 ft
681/2
68'A
118%
62%
136 ft
63
138
69
19
154%
138 J/2
62 ft
633/8
138
154
♦60 ft
111
7ft
36% X
36%
36%
36 ft
37%
37
37
36 ft
37ft
29
36%
•27%
37%
36%
29
28
28
28%
28%
28 ft
99 ft
*99
99 ft
•99
99%
99 ft
99 J/2
*98%
99ft
50
•49
50
50
•49
50
27
27
36%
:28ft
49%
•49
27
•9%
10ft
•10
*5%
5ft
28%
5%
28%
27%
11
5ft
28 ft
26%
•10
5%
27%
27
•49
XX
X: X 27
11
•10
;
11
5%
•5%
5%
27%
27%
27%
♦10%
•5 ft
28
1,000
■
coo
400
,X/ 2,800
X
x/;: 1,000
14,600 *
6,800
530
4,100,
X 340
4,900
19,600
100
900
1,300
62
36%
*
.
/
16%
126
900
X
'
39 ft
♦125
350;
X
24%
16%
38%
4,200
V
33%
28%
19
19
153% 154 ft
100
51 x;
1263/4
V
;
142 '/a
36%
•27%
27
18%
153%
,
153%
•125
1263/4
'
109 ft
•98%
>125
128
3,200
900;
50
60%
151
*24
-
X?
*
41%
X28%
24 J/2
♦16%
*99%
31%
10
26
6
♦131
29%
16%
X50%
36%
29
24%
55 ft
28
29%
36I/2
101%
36%
132 ft
28%
28%
33%
333%
•131
16%
23%
-54%
•59
33%
33'/8
132ft
•131
363/8
*99 ft
No par
preferred
Anderson,
118%
33%
333/8
132%
16%
153%
153
63%
62%
,
28%
24%
•125
American Viscose Corp common—14
56% July 28
Jun
100
6%
9
8% Apr
24
♦131
29
*16%
100
American Tobacco
5
9
29
X
No par
No par
American Tel St Tel Co
10
104
Foundries—No par
dtofe
•33%
33 ft
132 ft
1%
preferred
American Sumatra
10
Jun
33
*131
American Sugar Refg common
20% May 25
144
.25
100
Co
Co
American
May 21
Jun
com
preferred
American Stores Co
5
131ft July 15
158%
Snuff
non-cum
'
60
150'/a
59ft
149
25 J/4
*25
"
par
J/4
X"
8ft
8 *
413/4
24%
60%
X
15
170
*79'/a
8ft
*41
413/4
79 ft
15
*167
170
8
8ft
88 V*
88
*167
170
25
42%
>
88
88
8
8%
8%
X'25 X 25%
25%
X
♦167'
170
X':
3%
Aug 11
•167
8%
Feb
Oct
9
:
.5
27
39%
9%
79 ft
par
30
6%
33
9ft
9%
Jan
18
.
9
87%
Deo
111% Mar
68% July
24% Deo
Jan
♦7%
8
32 ft
32 ft
8%
51
101% Not
14%
Apr
Mar
*7%
.
87%
Light com—No par
38%
Nov
46%
13
116% Mar 15
76% Mar 10
,
8
33
78ft. 78ft
American
Apr 22
24 ft Jan
Jan
02
140
41
110%
Feb
*32
par
1%
11
35 ft May 18
27
36% Mar 17
10%
163 ft Jun
15% Aug 13
95
103%
May 27
22% Mar 12
Oct
5% May
12
9
Feb
May
68% Jun
68
Apr
35 ft Jun
50%
00
•-27% July 14
25% Feb 27
17% Aug 18
82 ft
9
46
*7%
8
34
'
147% Mar 17
163% July
27
12% Jan
*32
par
Power St
preferred
No
preferred
No
Amer Rad St 8t San'y com—No
1%
preferred
American Safety; Razor
American Seating Co
No
Amer Ship Building Co
No
Am Smelt St Refg common__No
26
Oct
Apr
135
Jan
*7%
7%
33
9
Amer
24
Jan
174% Feb
149% Jun
176
7%
33
$5
16% May 21
17
11% May
11% Jui.
CLOSED
No par
16
86 ft May 14
6% Feb 28
1
American News Co
,:
95 ft May 14
76% Dec
,
American Molasses Co
2
8
—
Aug, 27
Thursday
Aug. 26 ,
Wednesday
.
Aug. 24
9 per share
■
4
— —
XX'.
21%
•103ft 105
105
*103 '/a
?
.
LOW AND HIGH SALE PRICES
Aug. 23
—
10ft May 27
35
Par
,
Amer Mach * Pdy Co com
No par
3.90% preferred
100
Amei s&au< tr»* * Metals. :
No par
American Metal Co Ltd com.No par
1
-
32% July
Deo
127
$ per share
15% Aug 11
$ per share
Jun
Dec
7%
'
•16%
91
*13'/a
105
49
6%
7
*83
ft
5%
•:
23
23%
;
•
80
39% X
5%
♦47
2,400
11
10%
*60
61 J/2
"39%
5%
49
23%
X
91
♦131/a
<
Monday
Batwriay
Aug. 21
EXCHANGE
Highest
*83
13 ft
.
;
STOCKS
Lowest
Highest
7
.
•47
23%
17
95
•13
5%
■
49
*6%
6%,
*80
American
3
9
preferred
5%
5%
22ft
22 »/2
6%
•16
non-cum
•
♦46 J/2
49
22 ft
No par
100
Range since Jan. 1
Year 1947
•47
60
American International Corp.No par
American Investment Co of 111
1
Range for Previous
Lowest
18%
10% x
•59
700
800
:
69 ft
69'A
X
69
10%
;
39%
39%
40
69
:
59
59
•
X
17 ft v
•
9ft
65
Jan
6
2
v
400
y/x " 10
90
*89 ft
American European
American Encaustic
9
7ft Dec
July 19
2,000
X
48 ft
"
15
16
1,90(1
X *17% .173/4
90 X
90
«89ft
300
x
110
45 ft
173/4
>>/ 1M y7*18ft
^
*23%
45 ft
*17%
2,000
/•
98
*108 ft
23%
110
108 ft
44 ft
89ft '
100ft
35
*94
98
23 ft
24 ft
•108ft 110
:
2,400 "
2,600
-
170 ft
24
18ft X18%
*33ft
107
300
1,300
41%
89ft
•100
35
34%
373/4
•169 ft
38ft
39%
100%
38ft
100%
•
#
12 ft
423A
423/4
v
<.*X 44% X45 - •
w
i/'»17 ft
17%
t
50
12%
37 %
8i%
*94
•
1,200
x:
13
81ft
;
,
109;
700
82 ft
169 ft 169 3A
24%
109
110
preferred series A.100
Distilling
98
1,600
12,800
65
x:.
7%
43/4
81%
XX* 42% iv-; 43 ft.
*18ft'f 19
**89 ft
90
conv
4%
82%
•168 ft 169%
^S45-'^45-'-\'
jtiv< 17%
10
.16
lOo
.7ft
1,100
,
x
26 ft
36%
•105 ft
•105ft 107
7%
82
94
110
107
7%
\-4%'X 4%
7%
4%.
83%
25ft-
100
<m
;
•93%
No par
Colorfcype Co
.
169ft 170
42%
43
100
Cable Inc
•105ft
107
7%
4%
:
/
51
26
65
37
]
x.x
8
X 51
800
1,600
-
51
•63
.1
x-~
101
50%
64 ft
•
.500
5%,
48
■v> 7%
50
7ft X 7%
51%
51%
'
.
5%
*44
1023/4
49 ft
7%
/
:
26%
•105ft
>
28%,
•273/4
*
5
64 ft
3T
6,300
87% /
26 ft
13ft
37%
100
x
87%
,
48
102
49%
7ft
89
25.%
13 ft
3,500.,
*
84
34%
X *25%
37
1,000
,
x
34
:
28%
4%
•44
49%
51%
>
*27%
X;''
5ft
4R
52
.
'
343/.
■
; *83
84
34
333%
102ft 102ft
,:
7%
.
.
*4.4
49%
7%
;
28
*4%.
V
48
•49 ft
,
100
20
if Xlxxf
r28
4%>
104 ft 104 ft;
•;
84 v
■
■
800
187%.
28%
-
"
American
7% May 20
2
100
600
10
187%
29
x 34ft
;:.X'*64-:;-'X 66
•12%
13ft
loo
.
Crystal Sugar com
prior preferred
Co com
American
800
96
> *19 %
20
;
; 34
t
84
34
28
52
25
American Cyanamld
3
50
34
*83
,
29
33%
.
*45
..
com„l
conv
4%%
75
*93/4
T
187ft
*19 ft
29
33%
-
10
187
26X
89
4%
106ft
j
1
Inc
American
,
49% May 21
Feb 20
25
10
Jun
41ft May 26
s
49
No par
preferred
American
15
800
105
*93
.96
9%
,
34ft
28
48
105ft
106
Co
preferred
Chain St
27%
•44
1
A
preferred
American Chicle Co
May 18
20ft Jun
22 ft Jun
4
33 ft Feb
i
51
Feb 24
27%-
xxsy'Xxsxx
American Car St Fdry com—No par
27
88
.
Jan
6%
S% May
14
110
16ft May
Feb
Deo
1%
Jun
49 ft Jun
5
43
26ft Feb
86
177
37ft Mar 16
89 ft July 19
Broadcasting
30
8,900
,
293/4
*104%
10
preferred
conv
51ft
50
common
preferred
Cable St Radio Corp
American Can common
92% May 14
8
18% SCar
Aug
S8%
Amer
2,100
X
3%
51ft
v'
137
29
84"
,
*87 ft
100
Amer
104ft Jan 28
Feb
110
Oct
IB
>
4%
3
9ft July 28
6% Jun 24
Aug 12
166
;
Jun
preferred
conv
1
4,800
75
♦29%
105
•93
9%
•19ft
34
33%
89%,
1
American Bosch Corp class
Amer Brake Shoe Co com
14% May 14
3% Feb 11
Mar
89
6%
May 19
43% May 15
7ft Aug 25
""j ft
cum
17 ft
*72%
75
' 29 ft
•104ft
96
.
51ft
29 ft
104
104
96:
51ft
•72 ft
29 ft
3ft
3ft
■
4,600
107
•733/4
3%
■
7,900
,
17%
17 ft
3ft
75
29 ft
105
•104
17 ft
900
,
3ft
3%
•73ft V 75
3%
51ft
*72 ft
29%
29%
.>93. X 97 .-X
51ft
75 ; >
*72 ft
1
17 ft
37
•105
107
3%
74
3ftX
51ft -51ft
75
29%
29%
17 ft
3%
36%
37
♦103
3%
..
74
75ft
3ft
;
3ft
17 ft
16%
♦74
3%
107
*105
3%
3ft
..
75ft
•74
107
*105
3%
i
36%
*
Dye
American Bank Note
29% July 13
9
58ft Feb
9
9% Mar 17
60
May
107% Deo
3ft %
2,300
45 ft
45%
37 ft
l
American Airlines common
Mar 22
17% Feb
May
36
2
Aug 13
51
77ft Jan
Jan
300
20 ft
14%
22%
45%
2,200
-
51
20
•44%
36 ft
3ft
Alpha Portland Cement
No par
Amalgamated Leather Co com—1
6%
convertible preferred
50
Amerada Petroleum Corp
No par
Amer Agricultural Chemical-No par
May 21
52ft Jun
9
Mar 11
7%.Jan
i
Mar
31
BOft May
•1% Deo
9
Dec
11% Apr
Deo
5
46
50% Dec
S4ft May
7
25ft Mar
ji
Apr
107
Jan
73
Jan
8ft Feb
•ft May
•50ft
20
15
*41
1
■■
x"./;-:
84% May
50 ft
•44
42
•105
-gtd.lOe
preferred
conv
20
ft
83 ft
3ft%
50ft
20
51
4ft
4ft
14 ft
29 ft
3
*50'/a
v
700
90
•80
4ft
14%
•19ft
4%
51
90
4ft
38' ft
5
Allls-Chalmers Mfg
51
•80
4%
68 y8
68%
38 ft
No par
3
42ft May 27
20
•44
,
__No par
t%
90
20
45%
Allied Stores Corp common—No par
37ft May 15
33ft Aug 11
20 ft
•43
.
100
10
Allied Mills Co Ine
198
•20
45%
69
4ft
4%
share
•63
Shares
I per share
13%
10
Kid Co
SCar. 8
28
"
20 ft
5
Allen
14
50%
4%
the Week
Aug. 27
Aug. 26
68%
•80
20
100
&
90
50%
CLOSED
1
preferred
conv
•80
•43
EXCHANGE
No par
18 ft Mar 13
■>
39ft Mar
BO
Deo
SOft May
61
Jun
Mar
8% Feb
Feb
89 ft May
SO
Jan
75
34
90
G8ft
4%
STOCK
1
preferred
68%
68%
8ales for
Friday
Thursday
$ per
share
$ per
4%
Allegheny Corp common
1
Bft% preferred A
loo
62.50 prior conT preferred.No par
Allegheny Ludlum Steel Corp.No par
.
Wednesday
Aug. 25
6 per share
68%
♦80
No par
Ino common
4ft%
68 ft
10
Co
Oorp
Tuesday
Aug. 24
9 per share
2.50
Alabama St Vloksburg Ry
Alaska Juneau Gold. Mining
109
July 21
90
r
Apr
12% Nor
Deo
10
Co_
Addresaograph-Multlgrapb Corp
Aid ens
$ per thare
No par
Co_
Express
Monday
Aug. 23
>
No par
eom
Admiral Corp
Air Reduction Ino
May 18
4% May 15
55 ft July 13
70% Jan
7
24% F*b 78
Feb
104
~B0%~Nov
Mar 15
Steel
Adams-Miius
4% May 20
21% May 21
80% Jun
2
Aug 25
37
76% Nov
Jan
56
74
4 2%
Feb
44
108
14
14% Feb 20
,31 ft Jan
75
6
Mar 11
3ft Apr
6ft Feb
Dec
Motors
Adams
23% May 15
46ft Jan 27
41ft July 27
15% Jun 15
Apr
Batarlay
■
Aug. 21
St Straus
Acme
11
14% Feb
SOft May
Abraham
l
45 ft Feb
42
Jan
Abbott Laboratories
ACF-Brill
18ft Oct
60
2A
9
55
Apr
' ? V
:
.
Par
May 14
13% May
May
LOW AND HIGH SALE PRICES
STOCK
EXCHANGE
6% Jan
S8
43%
NEW YORK
t per share
64% Mar 17
Jan
110
Jun
»%
$ per share
6 per share
66% May
BO
Range since Jan. 1
Highest
Lowest
Highest
9per share
FOR EVERT LISTED ISSUE
STOCKS
Range for Previous
Exchange
WEEKLY VOLUME OF TBADW6
YEARLY HAWSE OF SALE PRICES
Lowest
15
27%
12,ioo
540
1,000
20
;
100 i
3,700
11%
5%
400
28%
2,900
'
>>7r,'-';>7
Range for Previous
Highest
Lowest
t per
37%
Feb
25% Feb
11
May
9% May
109%
Feb
90
Feb
17
101% Jun 25
15%
Oct
11% Mar 16
Dec
130'/a
90
103
38%
9iy4
Jan
17%
10% May
Jan
Feb
5
99% Jun
12% Mar 12
20%
Feb
99
Dec
132%
Feb
100
99
Dec
134
Feb
94
25
Deo
34
// Sep
26
Jan
66
May
99
Jan
84
Feb
X98
Deo
112
Feb
96
Mar
Feb
14% Feb
10% May
18%
40% May
59
23 Vm
Jun
62
31%
Apr
v
106^July
7%
62
24
30
Feb
9
113%
Sep
»
102
Feb
Aug
4
91
Feb
Feb
121
Deo
July
727%
'
29%
:
Jun'
Feb
13
Deo
f
Jftn
24% Jan
Deo
<27% Jan
13% Aug 18
7%
4% May
36%
Deo
<4% Feb
Feb
Fob
49
•
<?
Jan
8
<
-Aveo
7% May 17
.Jun
46
>
2
>7 v'-v
*.'•
•.•••
•*
13%
Dee
Babbitt
{B
12% Feb
17% Jun
3
Baldwin
Locomotive
Feb
27
Feb
25%
Feb
15% Feb
11
Feb
113% Feb
10
7
Jan
60
•
42%
18
'
69
Feb
Deo
65%
Jan
20%
8%
Deo
Deo
39%
35%
•>
Deo
-96%
Deo
40
Jun
.
22% May
1
Beck
9
2
15% Apr
11
34 % Apr
8
32% Feb
5
10
3
19% Mar 22
Bell
<24% Jan' 2
Bell
St
93% Mar 16
106% Aug
Feb
7 26
25% Nov
Feb
26% July
9
Aug 11
23% Jan 20
Feb
78
Deo
14
25
125 i
38
Mar 18
Jun
*23%
9% Jun
Jan
47
14% Jan
Lowest
>
11%
11%
19%
>
19%
19%
36
36
pfd.———100
2.50
pfd
100
83 y4
'*83%
19%
20
*19
•Si¬
93
>*91
v
14
14
May
Feb
28
Jan
xl3
<18% Deo 7
<
14% May
15
41% July
'
11
t,
i
Feb
11
36
36%
com-
17%
15%
15%
♦15%
18%
18%
18%
•98%
100%
31%
t
L*.
(Del)
v.'<<•.
!'
46%
•23%
11%
"
19%
*35 3/8
83%
84%
84%
•84
36
,1
36%,
*19%
20
•91 >
93
11
11%
>•1.1%
33%
*32%
333/4
35
*35
36
X35
:■
26%
*78%
'•'. '• ••<..'•■ -V-;i
;
-
.
fc...
gaturday
Aug. 21.
•
" '•• '•
"•■•
•'
' ■;
69
Deo
116
Jan
45%
Deo
67
Jan
35%
Feb t-
55
37% May
68%
7
103
Deo
7
38
11
2
39%' Feb
May
Dec
13%
Feb
Deo
96
Jan
Deo
18%
30
May
31%
Feb
Jan
109%
28%
Feb
>42
<
~25%~Jua
93
5
Doe
27%
21% May 22
10% Aug 25
Feb 26
17% Feb
Feb
13
14
'
99 \
13 % Mav
30%
Jan
120
9
May
69
No?
125
Doo
Deo
14%
Feb
86%
25% Feb 11
122% Jan
Feb
8
-
Feb
6
65 '
20
Mar 30
7
*132
23% May
80
37%, Nov
Deo
x32 % Feb. 13
14% May
23%
Feb
26
May
38%
Feb
29% Feb
14
May
22%
80
Apr
-
Feb
104%
May
Jun
•
Mar
8
40
Jun
11
16%
Deo
79
Dec
3
Deo
13% May
84% May
19
7
<'
-
'
Union' Gas__
&
..
...
„,7;
.
7
1,
preferred
(The)
-
•
$5 preferred
Buffalo
•
■
/..
.,v
>
'•
p 7#
'
24% Jun
97
77
Oct
Mar 31
_—:
r—
—
'
12% Feb 13
7% Mar 16
79
<,
y :
•>-•••.-
104.
27%
Jan
3
Jan,
17% Jun
'
10% July
31%
08
..
•
*
,.
y
■/
21
203/a
v
;
"
,
,
*
*
4% May 18
27% July 14
105
July 9
98% Jan
15
23% Feb
•
Oct
11
common—1
.100
3%% conv 2nd preferred
100 >
3%% preferred
100
Burroughs Adding Machine..No par
Bush Terminal —;
i\')
Bush Term Bldg
Butler
Bros
7%
*32%
82
*81
>>
35% Jun
10
BUtte
preferred
:
Copper St 2int
(A M) common
Byers Co
7%
>
85
7-8% 7 ;■
*
•75 7.
"
16% .117 77
16%
*8y.
7 8%
12%
79%
.-■
California .Packing common
;5* preferred —
No par
60
-«53 7-
50
10
10,100
69
7
220
500
37
37
100
82%
•81
17%;
17%
38
*37'/4
400'
21%
91%
89%
>
•75
177'' >7.-
5,900
40
89 y»*.
•
85 77-
.
16%
'8*/4 >
5,100
7
8 1/4
3'/4
•
7
*3%
23 Ye
*22%
104
29%
104
•104
105
30
30
t?Y-' 30
30
7/
79
v
50
3%
3%
1,200
221/4
23
.
12'A
*73%
>
3%
78
•
•
3%
223/i
104
29%
r
79
•78
1,300
10
77 1,600
97%
*12
12%
"79
300
•>
■
•
17%
V'8%
•96
97%
c
104
30;
>;
3%
23
600
>
7.
•9iy4
..
12
700
123%
10
69
85
.
'
2,300
T
-*96
12%
>7. 7 121/4
.78%
7 '3%;
23
104%
n
>77:
7 21%
8 Ye
7;
97%
*.
.
19%
*
23 :>!
105
•104
•30%
900
•>->>-:
>.
7
30%
7 V
i
<
50
500
,<i
'
.84%
Apr
81%
Deo
1%
Dm
8% May
81% May
12% May
110
Deo
88
18
34% Dm
*55
DM
Dm
.
Jan
27% Mar 17
<62
3%, Feb
8%
Jan
5
1% Mar 12
Feb
34 %
Oct
17%
•
6% Aug' 11
24% Feb 11
Feb
10% Aug 11
Feb 1
132
48%
88%
106
Feb
July 19
38% Feb
Feb
11
14% Mar 16
8% Mar
83% Net
18%
Feb
10
Mar
4
47%
Dee
S3
Mar
1
11
14%
Feb
11
Feb
87%
Feb
It
Apr
May
For footnotes
eee
<
48% Apr 21
page 26.
13
40% Jun
64
IB
May 28
3
May 17
8% May 21
31% May 7
15% May 21
119
44
Jun
2
'
May 14
X19% May 26
19% May 14
47% May 19
18
56
.
May 16
Aug 20
Callahan
Zinc-Lead
2
Paclflo
Ltd
Ry
Capital Admin class A
,83 prtferrad A —
>;■. 7
35%
35%
2%
6%
6%
6%
11 »/4
11%
109%
109%
109%
17%
153/4
1
•
*54
V
'
41%
•17%
41
18% 7
'
r
"
>7;
*
*41 Ye
742%
18%
'
'
*18 1/4
183/4
',
15%
'
15%
;
15 y4
*15
16
•15
16
*15
"56
756
*54%
7
♦109
7
"'
56
53
>'<77-:
7;7
21/4 7.
11%
20
5,600
3,500
1093/4
y
-r
*41 Ye
42%
183/a,
7
15%
15%
41%
■■*>
161/4
>
*55
56
<
20
60
200
41%
'
7 700
■
7 4,200
6%"- "
27
>■>;> : - 3 600
•15
16'A
■;
36
♦18
>41%
*41
>:v
11'/4
1091/4
'
i&y4
27
-11%
413/4
'■
:>>
11%
1413/4
55%
:7v7 6%
27
27
41%
55%
6%
109 V*
15%
■.
3
2'/4
41
"
•18'/4
.
■
*35%
53 >>
21/4
7
6%
IO93/4
<*109
'41
2 »/4
11%
11%
•
21/4.7
27
*26%
27
'
*.
53%
*53
i
14%
7
153/4
55%
.
*41%
151/4
143/4
♦41
41
42
;
6%p; 77
2'/4
♦26%
:
53%
♦53 >"
2%
ny8
17%
26
10 '
2
26%
42
No par
eommon
>
6%
♦195
..No par
....
36
7
'
11%
Copper..__S
Campbell W St C Fdy!
r.No par
Dry Ginger Ale com
1.66%
$4.25
conv
preferred—.No par
Canada Southern Ry Co
106
,
<
'"> 53%
26%
Calumet St Hecla Cons
Canadian
*53
53%>
G%
Can
Canadian Breweries
36
'
1
Cannon Mills
35%
36%
*35'/2
■
500>
96%
89
16%
78'/4
♦96
12%
78%
7
"3%
23
104%
•
3,290
107/a
33%
;
*8y«
^>
•97%
7«!.,7>-
4.300
;
*122%
21%
*75
,
20%
92
21 y4
85
600
'> V
203/a
„82
•911/4
89
1,200-7
.
98
"
79%
23
21%
893/4
1,700
19%
7*17 " 7'17'/8
37%
37%
92
:
♦89
91.
*96
73%
No par
30
Co——-
21%
92
"77'
21%
90% 77>:7
;
20%
7
7
1,100 7
32 %
10%
•>
100
9%
31%
>
900
8%'
*33
193/4
82
300
*95
P.,
96%
i
38
*37%
'
96
12%
No pax
Jackson
17
17
,
21%
16%
:
82
-
8%
-9K
13%
participating preferred—.100
-
373/4
85
34% :v
343/4
9,400
.
50%
:
*97%
>10
'j,~ M0%
*60
7 69%
7 35%"
35%
>
100
2%
39%
20
n22ya 123%
10 y4
69%
2,400 ;
92%
<>7- 30% '731.77
36%
7 30%
.
W* 720%
122%
*68%
•81
17
•75
.77
'
.
08%
16%
16%
'
>
33
v
•88
89..
"•■•75
;
Byren
»
21%
90%
90%
*88
69% 7.
82
.37%
lOo
8
4%%
Jan,
17
17%
38
7. >.21%:':
'
89
19%
19%
122%
122% I221/2
; 10
7 10% 777 10 >
i.
10%
193/4
59%
;
9%
•7
'33%
19%
1,700
♦50 '
120
*33
,
f
>>
3,400
8y»
.
98
»95
20%
19%
35
.15
-
'20%
68%
38
preferred__100
common
20 3/4
10%
:
7
;.
96%
260
,•
22%
*38%
..
31
710%
33
33
»-
>30%
19
10%
710%
96%
71
♦16%
19
>7'7*18%:
'
♦95
34%
.8 ;•
Inc
'"•
♦95
10
*81
*97%
v,
41%
591/a
32
7*30%
'»
120
7
41%
9%
*30%
98
11
70%
No par
-1
31
r<30
7 *97%
33
123%
*122%
77,'
19
,33
19%
19
_f
7. *18%
11.
-
98
96%
:
31
30
.
1,200
38%
*89%
>7 2%
"
8
11%
7 30
30%
30
<
31%
31
30%
77
7
50
3,200 '
<
22%
52%
♦9%
■
30%
-33%
,
9%
9%
9%
27%
38%
33/4
•38%
<7.8
■
"
24
.
7
600
':
45
♦76
f
77 7
15 »/a
15 Va
*43%
23%
92%
:
'
*26%
39%
50
7
~
'23%
*50
8
8
1,600
.
763/4
13/4
391%
50
14%
"38
*89%
3%
383/4
•
800
*13%
41%
♦41%
59
759%
,7
92
•4%
54%
*97%
,V
18%*.
11 '
•20%
v.
7-»
i
•
59%
8%
<7 9%
3tf%
30%
41%
800
16%
26%
22%
23
Shares
>«'
34
16%
>44
76
the Week
-1 per share
:
135/a
.38
Sales for
>34
715
-
383/4
*89'/e
39%
*50 "
*
30%
•95
"
98% Aug
15% Jun
400
77:77/;7
163/8
>7 >26%
777
58%
7>
4% 7
♦38%
9%
33%
No par
Co
200
7 1,400
Friday
33%
•
15
26%
40%
41
92
>) *8
8
54%
183/a
pfd.,100
:
Watch
13,900
>
Aug. 27
23% 724-..
24%
7 7 >22%
58%
>■>,7*4%:'
7
•43
15%
46%
38%
40%
33
■
13%
•76
5H%
-40
8
11
"Burlington Mills Corp
4% preferred ——
Mar 17"
16'
Co
3
18
Mar 12
78
Feb
22% Oct
Bull&rd
"Bulova
2% Mar 17
106% Jan
,6
Jun
88
■
Mar 16
9% Mar 10
<
Jun
Niag El Corp 3.60%
1
•
1
100
20
Apr. 13
Deo
Feb
Buff
21
36% >
a
per ehare
133/4
,'26%
>
233/a
22%
,4%
•97
.,,./•<,
No par
••PvV".
Aug .26
?
'
<
38
'
>92
30%
...i...
"37
40%
30»/z
7.•;>>.%''>
■
59%
-30%
'■'':"7>
.
'
94
9%
y
.7.,,
#
eommon—..No par
Co
Forge
22%
•49%
,
106
Co
97/s
■
<7. '.?■ 16%
23%
V
76
<
4%
;•.
<
rNo par
preferred
76
V
39
*39
1$
Bucyrus-Erle Co' common—...
Budd
9%
163/4
15
26 J/4
•
761/4
•92
.7 >./
1
,
—No par
common
Brunswlck-Balke-Collender
7%
32%
97a
1,900
<
132%
>7
25
•44%
7
24%
26%
26%
581%
?
'
.
.
No par
No par
2.50
XSB; 24»
24 :>v
38
.7,
i
Inc
353/4
16%
46%
76
*
'•.
No par
Bigelow
Shoe
800
33%
*32 '/a
13%
16 »/4
•44%
7/
77 '
100
Brown
loo
27
333/4
Thursday
33
■
'
6
-
Brooklyn
$3.60
Jun ,15
81
Jan
24%
May
preferred
Co
*15%
40%
7.
18
common
Brown
•
21% May 15
10 ->
•
Co
.27
*132 Va
77 9%
;'!
16%
24
2.50
k
'
90% Jun
43% Jun
88
May
Co—
14
22%
'*
14
79% Feb
05%. Jan
12% May
72
v
2
16% Mar 16
,
Feb
100 "
84
.
Deo
80
5
3%%
Aug|ll
7
78% Aug 11
35% Mar 8
'
Bristol-Myers
2,000
?■
99
35%
9%
16%
14
46
^
(assented )_100
Airways
16%
"
102%
"
.
'
-
23% [
♦96
>< ■■>•
323/a
32%
,32%
14%
26%
'
.
5
100
common
Bearing
Inc
2,800
7 132%
'35%
35%
132%
4,100
14%.-
•78% 784/7
-
34
f per share
33
33
♦44>/2
15
Corp
preferred
■
27
Aug
♦15%
.
1
—I
(The)
Roller
Braniff
11% May 15
75
July 12
'
-
STOCK
—No par
! Brewing Corp of America
Bridgeport Brass Co
Brlggs Manufacturing
Briggs &• Strattori—
5
:
•:
PRICES
Wednesday
16%
16%
"
124% July
'
^
Bower
-i
EXCHANOE
5
Brass
St Maine RR
Boston
(
>7)
7; 14
—,—No par
cum
_
:
33 3 a
*33
.
!>!';<•
2.50
—No par
A
class
Co
Co
3% %
24% May 1,
1
23%
97/a
$ per share
# per share
■/./CLOSED, f^<7
St
B
Borden
X22% May 27
'
•
33 % Aug
Ami
>Borg-Warner
12% July 26
v
23%
81
*78%
'*96 >:■ "98
*31%
Aug. 24
23
Aug
comrtion
new
Bond Stores Incj—;
101% Apr 27
V 27
90% Feb
9
'34% May 18
37% Jan
2
15% Mar 10 1
106%, Apr
Deo
20%
36% Jan
36% Jun
V
Co
Aluminum
Class
Jun'25
„
*
'
*'
»,
71
Feb 10
11% May 15-
.
25% Mar 18
93 % Feb
Bon
!
10% May 18
8
W)
/'V-.'.,
Boeini Aifplanef'
f.Bohn
May 24
5% May 15
28% Mar 10 v-
>
Apr
Deo
96
Apr 28
9% July 20
x27% Mar 17
Feb
63
Deo )
16%
7% Jan
<50
-40% Feb
23% May
30% Nov90 >
v
19
66% July 13
i
1% Aug 26
33% Maf 18
>
Jan
7
32%
233/4
14%
-
20
-
14%
321/4
33%
<
300
1,000
100
100
-
32
31%
>14%'
32%
10
^
'
"•
No par
Laughlln Inc.,
Bloomingdale Brothers
27% May 13
44% Jun
9
Feb 24
Jan
7
9%
51
.
4
42% Feb
•1
-
20% Mar
88
13
7
Aug 24
Oct
6% Feb
3% May
37
v
Sep
'
•37% May 18
96
Jan 12
(E
Bliss St
29% Apr 16
•
75% Aug 13
<
49% Jan
35% May
t
Bliss
100%
*26%
35%
31%
•17%
"
15%
•100
■
:
No par
Co
Blaw-Knox
<
26 Vb Aug 26 t.
10
Black St Decker Mfg Co
v
50
18%
26%
•132
Tuesday
Monday
' ;
$ per share
>17% May 15
44% July 8
,
21% Feb
'
May
11
Oct >
59
15
Feb
14% Aug 20
.'■
17%
15%
LOW AND HIGH SALE
.
r
:
,
17%
600
>718%
I :<>'■•
•
'if,'.
200
33% > 33%
33%
10
36
15%
> 98
26%
-27
31%
♦35
18%
80
:>
*96
36%
io y4
333/4
15%
23%
23%
;>
80
132%
31% >31%
11%
*32%
18%
100%
20
500
11%
>
18%
V
•100
35%
7
15%
18%
23%
'
110
500
|
93
»91
11% "•'•'
17%
17%
17%
•15%
7132%
%'
v
700
300
>
'
-98
33%
7
1,600
•
19%
19%
19%
01
32
34
•
36%
14%
26%
-m.
Xl9'/a
"
14%
23%
5.400
.-'k:''
•-«'•;'
EXCHANGE!v
12
*11%
•
%/
38 3/4
>
31%
56%
•10
11%
900 5
300
24%
43
38%
19%
14%
132
<
36%
•32%
100
*95
,
•35%
18%
♦78y2
:ii 900
*11%
7 *19%
31%
>
r
19%
14
82
35%
48
♦23%
44
38%
38%
7, 240
27 Ye
*42
24
•42
3,600
V
26% '
■
46
-
••
79
27
77
35%
31%
23%
•132
2,300
10.200
15 Ye
19%
11%
14%
33%
1
-;■%
39
32%
95%
100
44
t
15%
>
100
26%
-
eym.Nopar
—
•;••
••
46%
18 >
•<•17%
"
17%
8
Foods
46%
7
27%
91
33%
36
•
15
35%
12
*32 y4
100
Loan
76
77
♦11'/4
14
1,000
15%
25 3/4
75
19%
32%
1
I
Appliances—!—33%o
Steel
:•
93 7
10
coram on _1
Co
NEW YORK STOCK
19% May 18
;
Feb i
<24%
Nor
500
15%
26
•7?27. •'
'• 20
11
•35
10
Co
'
•
36% July 15
32% Mar 15
29%
200
83%
ll
1 per share
13% Aug 26
38% May
22,400
15
>725%'
'
-
1,100
14
6%
X4Ve
15% >7
77
>
!
32%
Blgelow-Sanford Carpet—J._No par
Birmingham Electric Co—.No pa*
«;••
%
10%
6%'
'
'
1
7% y:'. preferred
Highest
t per share
x20% Feb
:100
-*42% >43
15%
>14%
27%
*42
85
'
■
13% May
"'
-15
15
.
;
25%
38%
11%
36%
50
15
23% >23%
7
19%
36 Vo
1
7715»
15%
<
46%
llTe
STOCKS
t per share
36
<>%•:■ !
!
42%
42'/4
27%
38%. 39
83%
Co
Bethlehem
>
Range since Jan. 1
Highest
May 5
-14%'
14 y<
,•
,300
<10%
-
25%
44
pfd $4 div ser of 1948 No par
6t
Best
14
37% May 15
10
•,<
Year 1947
25
14
1
10%
14
10
H
6%
*14
<
500
1.350
I r :•
21%
r;
t«y4
:
14%
77
'
24%
*42
,.
39%
23%
Range for Previous
J per share
*21
I,
10%
.
15
15 Ye
s
44% V
*78%
Cum
;<
Lowest
*14
<
/«%
15
78
47
23%
10
Best
,
139% July 14
30% Aug 13
Deo
6%
1 <714%
> 27%
'.
*76%
'
13%
V
102 %
*101
,>• J
.
6%
370
4
>£
50%
*
> *27
39
4%%
Indus
Beneficial
!
37% May 27
30% Feb 27
18%
420
95%
48%
.22
.
6%
14%
24% > 25%
25%
27%
Cum pfd $3.25 ser of 1946_No par
>
;
30% May 24
Feb'17
Oct
Jan
150
25 y4
26%
23%
Aviation
Bendlx Home
102% July 28
Aug 18
23 % Feb
Jan
32%
Apr,
109%
•21%." 22
103
•101
'■>•21
10%
'
14% -15%
*42%
preferred
Bendix
.
87% Mar 10
18
Jun
94
19%
2
Jan
35%
15 Yi
is
i47/«
.
.
10
Corp
Howell
4%%
9
21% Jan
28%
14%
77
Belding-Heminway .—*»'—
15
38% Jun
103%
Deo
133%
103% Jun
11
13
15»/4
14%
—50
RR_.
Aircraft
Aug 11
24%
103
VM2% "43, -g
42%
15'%
15%
is.
'
14 Vs Feb
Deo
••
42%
25
Packing
Beech-Nut
37% July 23
20% May 21
15% Aug
Sep
50
10%
<•
47% '
Corp
Aircraft
18
17%
21%
48%
•13%
14%
'•
46%
commori
Inc
Creek
Oct
77%
>•'
io«/4
?'*13%
'■•«%
;
7 v.;
•15
<
6
S)
Beech
:
Jan
21% May
10%
'•'<
14%
6%
1
—No par
conv
(A
Jan
39%
100
9,100
73
95
95%
21%
*21
{ 22
22 ' '
0% ' / ; • *6% >! 6%
*14 •.
14%
14% -14%
10»/2
,
95
-
'>6%
14%:
.
*
-
41 Y<
;<109%
50%
*18%
wv-42%'v-:42%''
Corp..-
Co
Mills,
Shoe
Beech
16
Feb
30
ctim
3%%
Beaunit
<
8
Jan
100
Foods
Beatrice
>43% May 15
90 '■ Jan
8
18%
Deo
'41%
109%
22
103
104
*101
':
*
22
•13%
-
50
v.; :
104
:
•21%
50%
95%
95%
22%
50%
76
Co
Works
Iron
18%
May
40%
800
38 y«
*37%
>*67%
-
109 %
109%
1,100
'
40»/4
42<
41%
'•109%
1,200
f
'
73
*67%
:K
17%
55%
54%,
* 37
37
'
1,200
101 r.
*17
t
55
»54
,
1007/a
17%
-17%'
-
,
73
•67 %
•
•
17%
54%
37%
95%
>
61%
v
.->>*14%
10%
*
!
-13
*
Bath
8% Jan
Feb
Oil
Barnsdall
7
2
24%
28
37%
....
.<>
common—
4Ys flfc.V preferred
10% May
95
17%
54%
37%
17%
54%
"'22%
^
•
common
Bayuk Cigars Inc.,
16% Mar 10
July
^Barker Brothers
15
16% May
12% May
101%
10l'/4
70
'V.7'
:.•
t
Works
Ohio
16% Mat 31
13
77'
Inc
23% Jan
4
Feb
•86
39% Mar
30%
<
May
Jun
;
44% May
11
Jan
12
Deo
;
45
83% Aug 23
Feb
6% May
29
May 14
287/sJun 14
24
31
Jan
20% Aug
108%
Feb
> 18%
Jan
110%
Deo
17%
<80% May 12
<59
9
.9% Feb
31
Feb
Nov
62
11,700
•
29 % July 14
Mar 24
87
•i
Deo
19%
Deo
83 y4
<•20% Apr
Jan
<24%
Jun
11
Feb
60
28% July
54 y4
>
Apr
18
'
•
May
45%
118
•
-
100
4% non-cum preferred—!
10$
Bangor St Aroostook common.!.50
Conv.
5%
preferred
100
Barber Oil Corp (Delaware)
50
31% Jun 22
X42% Mar 15
T)
St
Baltimore
16Ys July 13
Mar 16
10
<16%
i
.116%
161%
118%
,100% 101%
94%
22%
<«■',« *18%
,.,,1
3
'
9% May
114%
7
■
16% Jun
7 16%
T% May
11% May
117%
'
109%
•
6a
•
••:'.
13% Feb. 11
? May
24%
7
28%
114%
40%
x51
of Amer—6
••'
••
'>•-
B
16
Dee
V 28%
28%
37%
-95%
70
1,500
109%
'it *101
1
(The) comfnon—3
preferred
—No pax
conv
102
'
.■*/■.•
-V-
It
V'.V»
Mfg Corp
$2.25
♦100
.:•>
106
29
42%
95
2,200
16
*104
■
106
•104
'
INo par
—
'Automatic Canteen Co
16%
15%
15%
15%
28%
*67%
No par
Conv pridr pfd ($1.20)
Autocar Co
•
16%
16%
,
28%
109%
22
:*•
—No par
common
16
1,300
•28%
40%
•>.'
,
;
10
19% Jan
19
Nichols
15%
300
15%
16 y2
101%
73
41%
•
100
preferred
conv
•Austin
<
100
112
*15%
16
*15%
•
■•,>. 112
112 %
112%
,
100
1,300
: /
.
100%
109%
__No par
Atlas Taek Corp,—
/
52"%
947/a
101%
17%
"
.
52 %
94%
*100
53%
'
38%
J 68
68
52%
106
28%
54%
*27Ya
.1
52 y4
101% V
101%
54%
„
'
non-cum
«■
4%
20
•,-t
101%
•104
112% 114%
•
*100%
16% - 16%
•
16%
•100
17%
101%
4.400
12%
105
101
102
12%
>
15%
*15%
v
17
•
103
17%
Coast
Atlas Powder common
16% May 21
•
26
35% Jan 22
8
9% May 21
10 '/a Aug 10
15%
,
Jan " 9
114
-
26
Deo
17%
*
<
25
Jan
16
112
112
'•
16
*16%
:
16%
103
♦101%
190 '
10
In c—
preferred100
Atlantic Refining common!
25
i
4%
conv preferred series A—100
Preferred $3.75 series B_
100
Atlas Corp
»—
6
25% May 21
64% Apr 16
5% Mar 12
13
"
preferred
non-cum
F
5%
May 22
99
«
Aug 19
20% Feb
Feb
18%
8% May
12%
103
Jan
"4
48% Aug 27
5
114
11
22 y4 Mar
'17
.
•100
Line RR——No pay
Atl G & W I 88 Lines comm»n___l ""
50% July 12
9
20
•
T
Atlantic
1
78% Mar
21
105
A
July 14
47% Mar
fl
Dec
111%
<5*
3
19% Jun 24
22
' July
'
102
:
107% Jun
3
Jan
73
112%
150
12%
.
94%
29%
Nov
Apr
52%
*
114%
35
11
Feb
52%
947/a
'
28%
91
•7
2d
u
Associates Investment Co__
9
Jun 11
52%
3,500
96
12%
.
94'%
Shares
29%
95"%
94% >94%
100%
101%/,
•15%
113%
68
26 Vs July
94%
112%
•i5%.vi6'
It
105
-'21% May
94%
•111%
16%
100%
28 %
28%
•100%
12%
111%
CLOSED
17
,,..12%
*94%
•:
.
,
the Week
'/
I * # per share
<98
♦96
♦52%
52% *:•■•■■•
-10O
lot
preferred
preferred.,
1st
,
gales for
Aug. 27
J
share
28%
97
12%
•100"/4
;
52%
11 7. 117% July 15 s-Atch Tepeka 6c Santa Fe com—100
Dec
*
40
Corp
102%
•100%
28%
97
12%
r,
EXCHANGE
Carpet Co Inc
No par
Dry Goods common—1
Artloom
12%
28 %
97
♦96
97 %
12%
STOCK
28% !
28%
29%
*
Aug. 26
t per
$ per share
.
Friday
Thursday
Aug. 25
f
.
$ per share
96
Associated
6%
5
25% Jan
Mar
77
9
May 27
11JU May 10
16
28%
pax
par
par
par
6
*
45
Feb
34% Feb
Jan
17% Aug
19
Mar 12
Feb
No
No
—No
No
preferred
Constable
Arnold
tper there
i
oom
Cork Co com
$3.75
preferred
$4 cum preferred conv
2
*.
12% Mar 16
Dec
137/«
-
Illinois
of
Armstrong
,
14
18% Jun
,/
Co
St
Aug. 24
Aug. 23
Wednesday
<
Tuesday
$ per share
*.10
108
com
HIGH SALE PRICES
LOW AND
Monday
!
Aug. 21
7'7,>7 Far
>•'; '■••'•■
>•:. )
gstttrday
preferred
$6 conv prior
9
115% July 12
2
Feb
14
Corp
conv
Armour
11
29
Jan
88
104% Mar
19*
"Sep
~14
Jan
56% Jun
10
4%%
May 19
106
16
41% Feb
Feb
110
Dec
91% Feb
Jan
55
Jun
15
7>;>7- >■•": •;
Steel
Armco
32% May 21
;
>
EXCHANGE
tper share 777> 77'/;,7 t
J $ per share
t per share
share
24% May
-7.
STOCKS
STOCK
4 t
YORK
NEW
Range since Jan. 1
Lowest
Highest
Year 1047
RECORD
STOCK
YORK
NEW
Monday, August,30, 1948
CHRONICLE
FINANCIAL
COMMERCIAL &
THE
(852)
16
•V 22,800
200
'7 100
80
--
Volume
168
Number 4729
-
THE
COMMERCIAL
"Y".j'Y
YOear 1947
Y
Y f per share
■>
5 Va
I27
Dec
Y (38
Dec
128
v
35% May
>
2
Feb
32 % Mar
45
/Feb
Feb
53
22
97
i!50
21%, Feb
Dec
July
140
Y
18 % May
5
Celotex
Corp
1'
'
6% Feb
7%
Dec
100%
Dec
(77%
Dec
>
-
<11%
96 V2.-Apr
12% vJan
.
7
Dec
it;
9% Dec
(22.'/a Nov
.11% May
7 Mi'Jan
7
o<-t
-4
l£V8Feb
£ Oct
Feb
Y110%
Jan
90
*40%
(8L% Dec
7;:
20 Ve> Feb
.11/0
54"%
Jan
1
9%<
111. Light
NY
a
Pr
1
'.
*18Va
10
10
4%9f < pfd
Corp
de
% Certain-teed
Hi
;' ..9.50
'
■
.
*
J_5,1
Corp
/
Y*11V4
101/4
"9%
%* Jan
9
Jan 29
i.J.1,28
"
•
;
Chic &
14
East 111 RR Co
st
Class
,
A
-?
Chic
,J1
13
July 15
49% July-15
2
$3
39% July 12
71.
Jun 13
'July 22
Pph
4% Apr;
com--N^fcn*
110
29
900
19%
*18Va
19'/a
400
17Vb
17 Va
1,100
130
17
10%
IOV4
500
16%
a
97%
"/
:
11%
40.74
.
13%
12
Chickasha Gotton
:
Childs
Co
5% %
63% May. 3
Oil
i 45 'A
133%
/
46
:
82"
661/4
11
,16%
10%
:/YY
19%
20
13%
13%
T%
'7%
J.
:
J
13%
f'V/e
16%
*3%
5
--100
>38 ;Y
YY.3%
;
-53%
54,.
20%
.
"
"
i 11%
Y 7,000
i-'YYYY 300
6 6 Va
.
38 Va
Y 6,300
<.74,300
38'A
67%
Y ;Y'"- 67%
10 Vs
„
53%
67.
'
10%
7
10%
V-:Y* 10%
17
'•
• •'*'
'
*531/2
2,000
) *53 Y. VV54 *'•
6,300
-V
:Y:
68
2,000
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«
500
7
17
31/4
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53 Ve
53%' '53%
Y
ilOO
v
38%
*
500
7
54
17
•3%YY'3%Y
3,600
77
34
'
'
2,300
a. 46
16%
66%
<10%
fY,2,500
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YY 21>v *■21
46%
53%
! 38
Y: 2,900
13%
!
7%. Y
Y 36'A
' 34Vi
..
400
Y' 1,400
IOV4
Yi'.
46
Y:Y.:» 34
4
Y.1,900
10%
36-
46V4
'
11,900
,' "V
Y
83%
7%
■
131/4
21% '•
,,
13%
Y'7%.
YY
38 Vb
I
53 %
v
,*16% Yll'Y
3% Y 3%
53%
100
-20
34 V4
.
.
-10%
Y
^
3%
1
,
36%' ' 36%
'■'Y434.A;
37%
10% YIO.%
17 Y:.
-.16%
200
Y
.
20
YYY10Mi^40%/
Y46%
*•53
54
.
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-
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34
; *;
38%
<
10'/a
■'/
■;i
40
:Y"Y;
111/4
11%
11%
11%
.^•*10%
200
7Y500
28%
13%
11%
11
45 V2
A
166% Y 66 Va
•
Y'-
-
97
*27»A
14
■
-
46%
36%
">":Y
*10%
,
.
,14
14
5,800
28
.
35% >'36%
%Y'1
'
,
3,300
24%
YY:V*11':
28%
1,000
<
16%
r
87
■* 11
•
3,200
,,
,
25'A
,
11%
24
••53 y
38%
65%
'
11
*271/4
:
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10 >/4
:
70
f,
12'A
,
13%
21%
ii
v.34
54 *y:Y"
"36%
•
20
,45 V
Y:
:33W
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Y
:
'21%
:.20%
'
•;
1
common
preferred
-
M
"Y
.10%
'36
36%
■i
*241/4
'
<
.
277/b
Y Y38% -38% YC: 38'/b
38%
>'82% V^i83%V 83% ; Y; *82%
7
'
7'A
7%
>: 6%.
*' 7
37%
.* *7Mi
'
'
f
YY
*27
1,300
79
16%
;
>,r ; Y
Y; !?97 4':<"198Y
..
19%
36
Y
.28 Y:Y
'*24%
*•
11%
•
*27%
,
7
Vv *'271/4
,
28%
Y *11
•u
7%
,t13% - 13%
YJL1% " 11%
7'/a
;98
Y,
vYv:;>Y 121/4
16%
16 Vi
m Va
*96%
,
*77
400
■
103% ;
27%
! 12 Ve
12
16%
:27%
24Va
24Va
103 %
■
'•
>
7%
7V2
.
.
29
'Yy'Y *&%/"• 40 %Y Y'Y'\/*9%
24%
25% Y-v,-.«4%
io%
161/4
"•
/-Y
79 '
29%
*77
28V4
•
11%
24V2
27%
16%
11%
4174
..
11%
27%;;
Y
'■Y
29%
*9%
29
30
7%
7%
Y* 103.x 1031/2
7%
7,800
10%
.
8 Vb
*29'A
Y.lO'/a
;.
Conv. preferred series A—
^100
Chicago "Yellow Cab—-_—
^No pay,'.
2
200
130
*18 %
103'/a
•' Y79
24 Vs '
24
;97
•
11%
'
YY'.
Pac RR' Coj_|do par
&
"
xl2Mi May 18
19% May 27
11
Jji'100• Y•'
convertible, preference_wNo parY
Chic ;Rock is
11,000
104%
*23%
8 '/a
Ind
5%
prefsrredl-.
Chicago Pneumat Tool
May 21
1,700
56
35%
34%
*103
130
20V4
Class
JUly 13
2,000'
•
28%
29%
29%
;Y
10%
24%
13%
—————40
&. Louis Ry Co cl A___Y28Y:Y:7V7
B——_Y—
jLL-'e-jhiN
ChicrMilw StvP4ul & iF'Vtc—Nopar^Y: Y Y"
Series »A preferred vtC—
1.I60
' ' - *
Chicago & -Northwest -com
LNnpar.
13
30
100
>
28%
*129
17
.
141A
103%
400
;
147
54%
55
:
42%
*145'
34%
103 Va
<
8
•
f
•:
*77
11%:
i *27 '
1174
11%
7
,
Chicago Corp (The)-—;a—Z—s^.1 '
jrp
Chicago Great West RR Co com-CoO
&R
5 %
preferred— X.J2UL-
10
54 %
18%
7%
Y
27% '27% Y
*27
*28%
'37.% "37%
r37%.'37%
*80
'
'82 v.,»A.*80* ,;'82YY
'
com__No. par
com—Napar
*
iU 78
*10%
'
■
,
'
9!# July 13
Jun?
41%
,34%
r;"i
;
*103
30
24
;
Y
79 *K
29%
24%
Checker. Cab Mfg—
Chesapeake. Corp of Virginia——
5 YYY'^yY'YYYY,!
Chesapeake & Ohio Ry common_i25
'
V
3Mit% jconvertible preferred..^^100
<"
"*77
•
-
8
May, 8
57.•
41%
147
6,900
38
*7 Viz
-Y
600
16%
•
V?36%
734
*145
!29
•'*29
103%
>:
11%
9 Va '
241/4
Prbducts;
*103
30%
llVa
'
.J par
Copper
79
29»/4
"
'.96
,
"
50
1,500
36
37 Vb
■
4,200
29%
41%
Y'
8
.
7%
7%
%'
103
*77%
-
r
—ilOO ;i
Sugari C
Pasco
■7%
•♦102
pfdilOO
3.40%
Centi'al rVioleta
;YY'; Y""7%
•
i.100
JersY
Cerro
5%
109
',%
10%
29Va
96
40
16
15%
37.
•
104%
18%
8%
29%
6
45
15%
;
8 Y
130
17
10%
*8%
*24%
90
*35
37
y
29
*■
8%
24%
.
■>
•>'
29%
Champion Paper & Fib com—No pftr
$4^0 •preferred
Napar
Anr
-
'
*103
17
16%
i
*35
..'130
19
16%
■
*27%
30.
*36/.
,"■
29%
*7%
27%
15 Mi Jun
Y':
.
29%
;
^uip.-No par
c.
Century -Ribbon3Mllls
-
May<24
^100
•16%
37
(July 19
79%\Aug 3
ii
;
vtc
Chain £eit-Co:
25% Mar 16
102% July
c
-
16%
11
9%> Mac 18
Oct
18%
16%
100% Jan
16,
30 '/a
Jan
Dec
29
20
36%
36
5 Va
Shares
■
26% Jun
•
18
•
130
29 %
33. .Jan *14
24% Feb 28
i Feb
May.21
Jun
18%
*y>i.
tCentral RR of New
17
15
10
17% Feb
'u
Central
May .27
•
riuuaun
Central
28 M2 Apr
8Va Mar 19
27
;
29%
29
■> •Y:7; *7%
7%
-104 VB
130
29%
Ry Co A'tc_i_-No par ■'
preferred series B
Cenirai
lit
10% Jun: 23
30
57o
8
39% Jun
22,% Feb; 19
<19% May
100% Dec
110 % 'May
7
6
*108
29%
•
6
Jun
83
-4
•
"
(■20% May
f 23 ;
108
of Ga
130
29'/a
Co___No par
Founarv Co.-i_
Central
v
108%
>
the Week
'
'
Agulrre Sugar
Central
30
8% Mar. 3
Y
2
Feb
79.
14%. Feb
35%.Mar
21 % Jam
Y
(
38% July
Jan.
102
Feb
:
12% Jun
Aug 27
7% Jun> 18
Ju-IJ
116
.
4 % May
.
I0V2
-
3''% July 15
28
Aug 25
8;.
29
5%
103 V4
-Y;', 15 Va V. 15%
->37
104 Vo
>
104 Va
130
.
_20
a
'
'
Central
7
*36
Yn- 5%
?9%
V
42 Y*
*103%
^No par
^
18% Feb
21
'
-i.100
57<h- preferred
'
16.% Jun
♦34
.
%
>
!
No par
common
•
••"vY»7V2."
8
29
41%Y41%Y Y;-' 41% ^ 41%
*145
147 V
*146 {:
148
■)7:s *146
148 'U'.
54 Vs
54 Vb
>*54% >55
Y 54y4 '"'54%
34
.-34% r,YYY' 34
•Y&; 34% •,>■3.4%
" 34%
^No par
1st preferred
2nd preferred
i
f-v.!
"15%
15'/b
y;1
37
■
41%
_100
$4.75
Y".
<36
5%
109 Va
•5%
Y*108Va
-29%
*35
•
15
•
*7%
—-i25
common-
preferred
"7ci
25
20 Ve Jan
3
Y:
May 27
;
37
1
29%
v ^35%
15
CLOSED
%
^50
-
; '
•
.
109%
for
Sales
Friday
Aug. 27
4 per share
$ per share
y t per share
.
5%'
*108Va
Thursday
Aug. 26
t
Aug. 25
5%:
/
30
35
|: Celanese Corp of Amer com_iNo!par
2
34% Jun
Co
p
STOCK
EXCHANGE
.J_10
series-
Corp
109'/a
<■30
Wednesday
,< per share
';Y5%
;;o;>
\
Yy
—
4%
.General
53'/a
900
*
>1,700
w-Vv 290
'
42
Chile Copper Co—
24
Jun
65% Jun 10
29% Jun f 17
'
*37
47c
com.L-_Jer.5J>
39;
'.58%
/ .J '
Cincinnati Gas & Elec
60 Va
991/2
/
Cincinnati
May 17
Y;*37
58%:
26% *"261/4
;
.
preferred
Milling Machine CoYllO
'
27
,_^25
Chrysler? Corp
101% May 26
98
-
39
39
40
58%
»37
58%
59^ '
58%
Y 96 %
Y"
"99
22%
-26%
26%
26'A " 26%
100'A
*22%" 23
-
39
22%
Y
23 Vb
331.
Jan
Corp_<
i -Nobv!
City Tee & Fuell?
—Ne par
City Investing Co common——11Y-8
Jun e 3
10(
-
C I T Financial
8
*96 «A
'
2
5 Mi 7«
84%-Apr 20
prefened
;
29
10
5
'
f'
lll'/a Jun
6
34% Apr
9
17
108% Jun
25
5%
78% May 20
47% May-19
Cleve
May
7
-
734 -
,0
preferred
♦85 Y
108'
Illuminating com—No liar;
"i
.X34 H
.
190
;r
*85% *90
90 Y >
Y
27%
"
w
28
Yi
;;
-
27:
•
Pitts
'
RR
Co
7 %
'<
p-100
"Clinton Industries Intf
5
l46Va
14%
•
;•
27'A
46
/
71
•
14%
14%
27 «A.
27;.
27
'
•v
*7%
*140
441
*7%
86
'85%
Y'
f; *140
'£
86
340
109
717'
70%
230
*43
15
27 %-28 7:
20
...46
.
15%
•7*7%
8
2,400'
;
900
500
8 7.7
-
34%
34i/e
34%
2,300
'
*140
\ 141
v«/» Va
-
*
Y 200
271/4
34%
141
:
*107
'
8
•Y;'!33.%'
2,000
1,27%
45
.
*
27
.34
8;;...
'34 '/8
85
86%
*85
-106
s
'
34 VB
*140
143
*140
—
'
8
"8
34 Vb
>34 '/b
,YY
39%
39
44
14%
Y
147/a
271/4.
"27%
14%
>"7« 400
!:
'
90
♦26%
''71'A
44
1,500
IOTS/b'IOS'A
28%
Y*106%Y409YY
109
2,000
Y ! 400
35 7
-
-'190
•
*85%
,108
*26%
;
300
'«'600
7
.19'A
*34'/a
*160
39%
39%
108
27%,
.
*18%
7
*851/4 *. 90
i
1
•Y 711/4; 71'A
Y. ♦ 44 V2 .-; 46
72%
:
YY
39%
109
•107
J09
V71YY,
;46
14%
Y27.V4
—r-'r-,r;«./l<'-
77o. preferred"
4% cum Snd 'pfd—;—
92% May 20
"74
y
42 V2
•
7*84'-77'86V^'
~:Y *1?% ; 19%
.YY *34
*35
Y**160 "190 Y
*
Cluett Peabodv & Co com—J-Nopar
147.. July 13
yY
*72%
Clopay CorpY-Y-l-—J—
36% May 17
*107
;
*44
gtd—^.^50
gtd 47c stock—
ii.50
Climax Molybdenum—
—JNo pari
5
10% Jan
&
Special
18% Mar 22
35% Jan
-preferred
109"
G07
39%
.,*108'
409
*27%
•"
23 Ve
*30% 730%
•77 8%7.7 8%
8%
8 6 Va
3,600
7
797%
22 Va
42
,
'34
-190
*85'A ''90
*
"*108
'19%
-
;.*160A
40
39%
108%
Y" 27%
Y 33%
G60
1
108%
$4.50 preferred _Y—:-Nq par
■
Clev; Graph Bronze Co Qom.J;
*33.%
:
40VB;:
Y'?40Yft
,Y.
v
34
1J0
*8%
*84
'f
27%
27V4'
*
Y 10,100
59%
♦97
30%
♦30
'
'8%
86%
84
Y. *18%
*18 % Y '19%
19 Vat
>
*160 Y
!
'■
*
non-cum'
Cleve Elec
14
6
105% Jan
Ry'Co com._a.100
*'•
*8%
*
*
41%
-'30%
30
,
♦84
87'"';
*18%
'
.<
& St Louis
5 7c
4
-
41% Jun
v
C C C
Jul/12
88;; Jun
'
'
City Stores
Clark: Equipment
May 24
38 Mi Aug
176;
•291/8 ,^30; f:
8% • .8%
' Y 86 %
.
*8%'
8%
Y»84 .
"
•
*
21
12
*20
30
-'
Y
f
2tOO
58%
23'/d
421/4
50
42
*33
.
97V2
*221/2
Y.'41% '*41%
; ;42»/a
*42 ;
43
42%
,
:'27%;
26%
"
.
,.Y
•97
*22%
:
"
48% Jtlly
17
PRICES
SALE
Y
Aug. 24
$ per share
109 Va
Tue.(day
•
:Y
,
4 *5%
''.rV
:
-
Aug. 23
Y
J per share y
•
.100
^No par
Caterpillar Tractor_i._i.__
v
Va Jun i'9
<b
(J
7%
39
Feb;11
22% Feb 28
Feb
I Case
2
105
10 v?
Light_
&
preierred
Carriers
M 68% May 15
26
Ry.
.
Conv
v;
147% July 15
Feb.13 "*.
123'
't Apr
32%
,
5 7
-Feb
Carolina; Power
43*% Jan i 8
9 i May 20
52% Jun
w
rK)Par
Monday
.(Saturday
".Aug. 21? i iy
y
'
19% May 21
'
^:
a_____1 /
Ohio
1 Carpenter Steel Co™
*
Carrier
Corp common
9 ;Y
130 /! Feb
4 ■/■&'
12
1
35% Mar
Jan
64
(19% May
.19%
Dec
108'/a-Jan
Dec
:
Mar 16
6 % Mar
7 28%. Dec
Dec
41% Jan
V v
Y
;•
....
Airlines, Inc.j.
Carolina. Clinch;&
*
July 28
32
STOCK
'Y: EXCHANGE
Capital
2
(853)
LOW AND.EUGH
-.STOCKS
.
8 per-share
8%-Mar 22
Y
35% Mar 30
Feb
158 %
,s
14
Oct
{Oct
/Y v;y
110% Jun
4
7 47.
49% May
17% May
130
5
-
18
27.% Jan
7%
Dec
x97
-
,
Jam
21%
,
(29.% May
7
100 % Feb
39 %
Jan
132
i£
Jan
,
60%
-
.
12 Ve May
.
,<*: - 6
Aug;li
5%
Nov
,
•
NEW -YORK
Highest
t per-share • 7.
Dec
102
4
Lowest
S per share
,
since Jaml
YY&Yh Range
Highest
Lowest
y
A.
CHRONICLE"
FINANCIAL
YORK STOCK-RECORD
NEW
Ean;e for Previous
:
-5
,
&
7)
06
200
141-7
7-
'*80% '.,.87. %
100
for
■X-
Range for Previous
Y
t per share
141
•
May
191%
Nov
153
Jun
;
x6l%
65%
Jan
61
May
1332
1140 ''May
33 '
1155
23%
Feb
19% Mar 17
0 21%
y
21% Nov
'10
C63
'
36'
687:
20% July 14
20% July 14'
11
18% Jun
17%
Feb
12% Feb
13
18%: July 15
47© ) non-cum
Feb
17% July 14
4%
Jan
11% Apr
25
13
22%>Aug 26
32%. Jan
32% May 15
31% May 12
22 % Feb
11'
<12%
Oct
10 "4 Feb
13
22%
Feb
9'A Aug 17 :
62% Apr 30
37V4'Apr 16
'■
86
Mar
.
30% -Aug
50
28% Feb
35.1/2 Feb '• 5
43% Jun
Oet
36% Jan
23
Feb
90
<Jan
Y 2 '
»26% July
4
Jan
1120% Mav
-2% May
20
S
Feb
13 "
2 »/4 Feb
.
10
104
4
uuly
Commonw'lh
&
South
v24
Dec
•
023%
:
-
r
-
.
Nov
|
021
Nov
(104% Nor
Jan
33%
:
8% May
Y_;£23% May
,030
Apr
; r ■■ 4% May
;
123%
•
f
■
96% Jan
Jan
35%
8'/a Feb
Feb
4% Feb
)29%vFeb
21
108% Mar
,
11
28% Feb 10
27% July 20 '
Feb
7
2
25% July 30
14%. Jan'
33 Me. Nov
1
Y
'
Mnr
11
5
103% Feb 10 *
106
Apr 27
29% May. 14
.11% May 20
*13
■;
'
May
-May 21
Consolidated
Consolidated
Coppermines
25,% July .12
107% July 6
v',C10%
Dec
ti 40 % May
•
y; 717
May
7a 12% May
Feb
115%
Feb
164%
1.
>30
:
Jan
11% Mar 16 '
*
Ap)P 3rt
41 Va Aug 25
.
*7Jan7
19 Ve Feb
11
11
;<19%
:
9
A
24
+ Feb
Grocers'
12% Jun
21
Consolidated
Laundries
Aug 27
2
110%
0 30
;
July
*S9%
<:
i32% May
v J4%
i
Y O'll*
64
Dec
• "
<44%
Consolidated
15'A May 12
Consolidated
Consolidated
«% May
r
-
Apr
Apr
14 Va
May
43
V 65%
.12%
May
•
Dec
;•
Retail
94V4 Feb
v55.Y'Y-^)ec
For footnotes see
10
99% May 25
92 Y" July 12
30% Feb
5
40
May 15
93
.
17% July 13
84% Mar 23
3
99
July 13
Mar
10
Feb
10
Y 48% Mar 17
Vultee
Y
cumulative
;Y ••97/«
$5^0-*preferred
Continental
$3.75
•
14%
♦13 7
14%
*13
:
;
G.900
,19%
r
1,600
19%
*
,300
15%
,,
13 Ve
22%
22%
100
15
22%,. 27%
V:7
22%
12%
12%
*9%
10
10
*63%
70
9%
.717 7
33.
33
/
.
:: 49
"^•94
22%
...
95 %
94%
>98%
400
:
400
YvY
*41 Vb ■41%
22% Y
/ 3%
49 3A
•
22 Va
3%.7
3
98
7'Y 10,400
.70
48%
22%
500
12%
33
48'A
*94
)3Y7;
22%
33
41%
47%
22%
i-Ve.
3
♦633/4
33 7
41%
; :49
"•■, 95%
-
800
3,300
95%
;
b:"
22%
7
1,670
3,500
'79,800
'YY 1,300
3 V*
98
98
,98
4,200
,10
33
,
>
22%
22 VB
12%
14%
22%
22Va" 22
41% 741%
22%
98 V*
Y
*9%: toy/
,34%
34%
' r
7;. 28%
28%
10
10
10
34%. 34%
'"'*9% ; 10
'29
34%
34 Vb
34 %
*27%
29
"
Y^SVa
•Y 106%
'7
•23%
.
$%
75»/a
23%
23%
5%
28
Y
5.%
23% 723%
5i/4
;26%
26
26 VB
26
25% 7 26
26 47
25%
26 VB
34%
■;' --'5%
,'
:■
&
J ,28
Y 28
7!
7
5%
.
.
1,700
'
*
28
5%
7*
5%
23%
233A
'23%
106'A
I06VB
106 %
15%
Y
23 3A
106 Va
:
5,200
>Y7Y- 500
10
34%
16%
300
1,700
"7,200
-
106%'
y* 14% 149/4
i —9% 10.
Y I''41% *42'A
'<S
•
*"
106%
106%
:26%
*•12% "13%
Can
—
,>Y'
••*•••11%"* 11%
^
106%'106%
Y-35%-36%
■Y 94%* "94%
fepmu-2oYjY
15»/b-
Diamond
Insurance
in '4 Jun
24
*'*89"^
Y >35%
*35Ve
*94%
69%'Jun
18
Contlnehtal
Gil
Steel
1
£ 1017/'.
——'YY
33
CooperrBeaseme'r Corp
*49% Mar IT
Y 55
;,$3 prior nreff»rr««d
com^jNo par
/
•
«« «»•
•'
*9%
10
41%
413/4
413A
"1,300
26%
26%
26%
13
13%
133/8 „;■-;
11 Vb
9%
.
<
>
;
•
Y
,
/.
.
16%
i ,_29
v
>
;
v:
10
Y'
33%
33 Vb
-1O0 Y
100%
'
/ 735%.
15 Va
33 3/8
:
13
■
> IOO'/b
:36
-11%
>10
"
Y
29-
53% a53%
no
'33 Va
33%
100'A
36%
36'A
<95%
•93
:
89%
153/,
15%
91
91
36
•*35 %
95
r
/
35%
Y/ 35%
96
*94 Va
95
•
~*10%
IO'/B
•"Y>
11
•15%
*T54%
55
Y: V 55
55
35 VB- •35%'
7
'
*94%
11 'A
*10%
55
V,
55
78/b
'7%
613/4
603/4
<-»16%" >17- ■"
16'A
*
>'-16% ■•*'17; '
> *28% v 29%
"*53% V54%
7%
Vj- 61 *
"i
>'
-35%
95%
,
7%
55
YY
33%
1,600
1,020
36 3/4
2,400
■".15%
92
•-
*94'A
'
A 7%
7%
: *61 ->?
Y 160
*91
11
•
11
5.100
_
10
95
*93
15%
89 VB,
300
2,300
10
loo3*'
36'A
95
89%
Y.
89%
.
100
900
10,300
11%
-;93/4
133%
33 3A
100%
36%
.
,
Y 3,600
.13%
11%
10
93/4
15'A
15%
*13'/b
11%
11%
100 %
;
363/b
Y *93
7*93 % -"95%
•*■
16%
5,500
28
.9%
/
"*93/4
Y,:
42%
Y
13%
10
96- 5-.
-Y;60V4..-61V«
Corp——Y-34 ;''<
19% Apr 16
19% Mar«9
*13 '
'10% Y HVe
.
10%
>55 Y
7%Y>7%
:Y':,
of Delaware—
Continental
;17Y:Y:V"
:Y
"
7
Y;*10%
:
Continental Motors
11
Fibre
16%
YY4i% 741%*
Y; 25 % Y263/4
SVb
41% > 42
"■
25% "25 V;
'
15 Va
<
89
No par
Continental
J 16%
15
,
common—-
Continental
it:
;9%
„
100%
<100%
14%.
•
'•-' lov#
33% "33%
5
v
9%
•
frC 97/b
n*fYvYY■$'
__f—- L-YYNq jhsrl
Inc
'Y 14%
:j25
Inc-X-vl Viv'.''Y
preferred
1
YJuly 12
♦14%
■«
:
95
22 Ve
710
Y*28%
:
preferred
13% May 21
14
♦14%
143/4
*9%
•63%
49%
'.72%
98%
25%
,
.;
Aircraft—^_.l '?&?&,■
eom__i_Nojpiwr_ t Y<Y
63% Jun
Jun
90
Y
'
Continental Baking Co 'com.uNo par
27
JMarlS
14%
143-4
41%
3
'21k
.98%
-•
flOO
;pfd_
Container Corp.of America
Feb
6
.
2,000
.19%
12V4-;12V2
.,..71:
'Y: 41%
*41%
"'■;34
Co „Inc___JdOe
_YNo
46% Feb
14
19%
14%
Y".
r«
33%
22%
4--0
Corp_-
$4.50 -preferred
4%
*63%
"*33
22
:
Y
"
page 26.
Consumers Power Co
10% Mar 17
."27%.-<pct.
7 Feb
Consolidated
42.% Jan'; 5
"
71
33%
Y 95 t
_No patVy
Corp_*lw5
Store*.
Textile
16% Mar 20
17
19%
15V4
18%
-
96'A
Natural Gas— „_3§'YY:'
35% Jun
106 Vi May 25
Feb
19
6
33% Aug 12
/ 755% -JDec
•
27
<
19%
19
,
9%
9%
95
Corp_'^lY3334
Conxol RR of Cuba 6%
15%' July
98% July 26
Feb
;' 110% July
13% Feb
May
12%
321/4 Feb
Apr
May
'35
f t
738% "Feb
114% Feb
7106%
Dee
44
111/4 Aug 20
9% July 16
;
104% July
120% "Feb
Dee
i••
■
t'n-48-Yi'Feb-
Dec
"030%
-
-r
Dec
Dec
■
717% Mar
Dec
rf
•
V: 24
12% :.7l2%
-
24
24%
19 Vb
"
w
23%
'
49
*
«
.
j
213/4
.
Consolidated
Jan
f
12%
79%
"41%
Consoi Edi?on ipf N Y com
Nojpafc.<wY-Y"'
Y„. $5L prele>redn-----%Y-Y-i^o p«Mr^YY'
Y:VY ■'
■! '•■ '.Y/-Y. f; .; ■
/W
11
28
3,900
36
7 88
*21%
19
♦14%
*22% 7 23%
22%
22%
*63%
_i_NojiiSr
xl8% Jun
51
23*
50%
Cigar—j.—,—
6% May 21
Y.14%;
Y"
23%
Y .»33
,
i___2a.Y'->:
Noj/ars: ;. .<
32
*13
'
,100
Publishing Inc
Congoieum-Noirn Inc
V-,;y.y-r:
i20%
<
Comie Nast.
715 %
.
:12Va
/
>No.u'S»-Y--'-
preferred series—
Commonwealth "• Edisoh Go.
14%
•14%
14%
*
'•Y""233/e
-
No par
$6
21%
24
X
19%
''
cqmi-Np par
36% July 12
7;>*
'-.rtill%
'
19%
15%
'
••
48% .719%:
49
_Y
Commercial Solvents i._ —•
35%
88
*21%
24%.
24%
.
Y" *14%
19%
,'—10
Credit commbn^
L40O
10
.
Y'YY'/
62
<*87%
35%
*87%
*
,
154%
*61%
19%
19%
*14%'-is
24%
xi.24
"
Co
preferred
$3,60
T
22
*9%
.
24
♦21'A
",:"^14Vs Y'15'":
"'
•
Y
Commercial
<88
YY
Shares
share
*1150
35%
"35Va;
*87%
*•'22
"t20%
19%
:19%
Y Y
w
Vi
Y!
•
154%
7627':;
♦1.150
35
T
v-JNoPW
Columbps 5e Southern Ohio Elec—10
29,%> May 26
3.1/2 Jun
preferred
35
.
„
88
:'Y,Y 18%
common—No par
Carbon
,62
88
21%
Y'.»14%
w__No par
Columbian
53% July 15
115%
Dec
$4.25 cum
'
♦61%
'
preferred___100
^System, Inc„Nojwr
Gas
Pictures
154
*61 %
24%
■
Columbia
154% *154%
.62
*1150
I per
154 7/«
155
62
33%
','24%
.
Columbia
the Week
...155
.
88
*20%
;
Sales
«Aug, 27
I per share
'
£nd preferred—^,100
14%: Jun. 24
;48%
.
r
CLOSED
>
7 Friday
Aug. 26
Aug^25
I per share
.
34"
•33%
"
non-rum
13 V4 May 2l
Feb
/-
>
share
Thursday
Wednesday
t
*1200
fit' \ 87 Va
•
u—'/;
1st
>
-
-
.'* \y
"'"
STOCK
EXCHANGE
Columbia Broad Sys Inc cl A_^_2.50
*
Y
ClassB -L-Y_ T——i—Y,—.i—1Y;- Y"Y''J
78% Jim 15
27 '
.
i :
f
Colo.Fuel &, Ifon Corp com_^Nq paT . Y
Y
8% jcurn: copv prefer red
—LY-Y.^20Colorado & Southern Ry com—vilOO Y ; >*'
11'
Feb
32%
•
May
•
11
'.Feb
>
Dec
Dec
12% Feb
16
30% May
-
036
Oct
-
No par
Colonial.--Mills'' Inc
11
Apr
Dec
11
Feb
Dee
Y11%
Feb
-
_Na par
•
Aikman
l7%SFeb
V
■:
16
&
>16%
9% May
May
Oct
Collins
25% May 18
26% May 21
"2"0%
Nonpar
Cofp
preferred
t per
♦1200
Colgate-Palmoiive-Peet com—No'.par
HIGH SALE PRICES
^Tuesday..
.<Ang.24-
€2Va
♦62
1
$3o50
155
155
v.
No par
L
2
Apr 20
18
'
1
common-No'par
(The)
A
Coca-Cola - Intemat
22%
May
Y7t;8
j
Class
;
.
■
I per share
$ per share
,'Y
Coca-Cola Co
2
8
July
96
v:
46
12
May
< 16%
May
:
1332
.
-
45% Jan
Aug
•
63% Jun
87% Aug 20
"
8
1
July
Jan
183
32% Aug 16
Dec
18
11
Jan
56
Dec
*{
Feb
July 13
EXCHANGE
I per share
§105 %• July
May
87
<
.
$ per share
Monday
Aug. 23
Saturday
"
VLowest
$ per share
'
NEW YORK STOCK
Range since Jan. 1
Highest
Highest
Lowest
7..
LOW AND
STOCKS
Year 1947
Y
•
7%
Y
2,200
/;
110
35% T- "*1,600
95'A
:
100
..
11
.'/
900
55
Y
700
75/b
Y
10,800
'
7
*28%
'•29%
♦28%
53%
.'63%
*53%
"
61 3/8
>17
•■■:'' ' 60%
61
: 46%
'♦! 29%
54 Va'.: ;; *53%
:
29%
29%
54 Va
1 5,000
'•
16%
:
700
YY 260
'
50
RECORD
STOCK
YORK
NEW
Monday, August 30, 1948
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(854)
18
•»
Range for Previous
Highest
I per
t per
share
t per
share
J per
share
'
Jun
17%
Oct
13
44
Deo
85
Peb
42% Mar 34
.
12% May
20%
Peb
10% Feb
11
61%
Deo
61
Jan
50
Feb
May 20
15% Jun 15
13
5
9
Jan
12
973/4 July 1
98
July 21
Deo
Deo
105%
Peb
92
88
Deo
105%
Jun
92
61%
Sep
4%
Aug 11
11%
Deo
16
22%
Deo
.
Deo
Apr
34%
Deo
105% May
40
9IV, Feb
24
18
129
Peb
22
10
66% Mar 17
78% Jun
Jan
17% Sep
19%
27%
Oct
Not
;
4% May
17
150
Mar 11
61
48
Mar
70
Jun
11
4% Feb
Peb
21% DM-
j
18% May
21 Ve Mar
Feb'
30%
27% July 29
July
4
36%
90% Not
:
14% May
flep {•;
■
v Sep
97
,
Oct
23%
; 24% Oct
Jan
28
23%
11
31
S9%
••
8% May
80%
DM
■?
t-
20% May
36% Apr •42% Mot
17% Deo "
11% May
16% DM
{
9
15% Jan
%
13
'
46 Va Jan
5
38% Jan
-
9
Jun
42
34% Aug 12
'29 ye Feb
3
133/4 Jan
•
20
V
7% Feb
2
34% May 24
32 Ve Mar 18
.
20
v.
Y
>
JanY
12 Va Aug
25
31%
Feb
22% Feb
21
Jan
35% Mar 12
Jan
38
58v
60VaJan
*
Feb
13
143/4 Aug ^3
Mar 17
13
,
9
10
16% Jan
28 Va Jun
2
Jun
10
46
A 46 Va July 29
193/4 May 26
21
Va July ' fi
*193/4 May
Oct
14% Mar 12
29% Feb 10
41
Jun "2
47% Mar
8
56
Apr 21
34
Feb
14
July 19
Feb 13
23
Jan
5
40
Jun
16
19
Feb
24
Oct
Jun
13 V, Aug
16
76
Jan
47% Jan
2
32% Feb
42% July
Dm
104 Ve
80
29
39%
21%
20
Feb
8
Feb
97
19
67% Apr 15
48
July 12
106VaJun 15
Oct
90
Feb
13
106 Va Jun
21
23
Deo
21
Jan
0
31% Jun
21
98%
Deo
*
v
13% May 24 /
26'Jun t 1
Sep
Oct
May
10%
93/4
10
140
■*
*28%
140
*132
;,
29%
24
-
91/.
*80 Ve
91;
16%
•15
16
17 >/4
*17
•17
V
.
■
/
11%
I
■'rf-v
*333/4
%
.
Mo par
preferred
■
;
35
*30%
:
v
89
*86'/a
,
12
83/4,;
34%
35 Vs
Feb*
83
Jan
2
98
Feb
12% Feb
11
20
Ac
19
10% May
14% Mot
173
17%
197
May
12% Mar 11
Not
July
116%
Deo
129 Ve Aug
92%
Deo
107%
flfl
ft Rio Grand# West BB
■
Sep
115 V,
Jun
Mar 18
164
*,:■
34'%
35 J/a
30 3/4
35
35%
30%
30 »/4
471/4
47
47
47
47
1,700
ll'/a
10%
11
103/a
11
6,000
35%
36%
35%
36%
4,400
34%'
30 «/4
:■
I per share
$
per
,
>•
87/»
=
36
35
36
36
36%
52
.53
53
53
523/4
523/4
52%
52%
1,700
203/4
20%
20%-
20%
203/4
20%
4,100
53 »/4
20%
*58%
v
64
20%'
203/4
.
*58 J/a
.
64
•
12'A
243/e
•58'/a '
•
6%
*12%
Dr.
Dome
Mines
Douglas
Dow
Corp_
Ltd.
Co
Industries
/
•
14%
35
15
15
53
Feb
11
99% Jun
3
94
111% Aug 24
Mar 15
13
116
Jun 22
18% Jan
2
conv
Duplan
16%
33%
♦31
33
♦52%
533/a
190
14%
141/4
14V4
34
34
34%
343A
34%
34% 5
1,100
2,200
13%
2,400
34
34
14
13%
14
133/4
14
14
14
133/4
*52 J/2
53
*521/2
53
52%
52%
53
53V4
400
453/a
441/4
44%
4,400
1001/a
100»/2
101%
102'/a
1013/4
101%
26%
26'/a
26 J/a
26i/a
•••'•"-■•
93 %
933/4.
r ., ,
♦151/4
45V4
45J/2
*100
No par
15 J/4
Duquesne Light 5%
DWG Cigar Corp
1st pfd
*93,B
101
100
101%
101%
116
100
fl
941/4
941/2
13%
I per share
share
Batarday
Aug. 21
$ per share
/A,/®?-?'
far
9 per share
171%
172
116%
116
116
500
953/a
95
95
400
113%
114%
*113%
115
260
13%
*13 Va
*171
112
*13
13V4
1,800
100
13%
PRICES
Friday
Aug. 26
21%
the Week
9 per
I per share
9 per share
Sales for
Aug. 27
Thursday
Wednesday
Aug. 25
•
I per shara
9 per share
400
172 Va
Tuesday
Aug. 24
"h
1
116%
•13
Aug. 23
94
*94'/a
13%
Monday
15V4
953/a
LOW AND HIGH BALE
STOCK
EXCHANGE
100
>16%
116%
•941/a
,'llli/all2%
STOCKS
NEW YORK
Range since Jan. 1
Highest
Lowest
*15
*15
94
15%
1721/2
15%
95
*13
;
163/a
15%
172
112
13 J/a
*92
*15
*92
•":t; 16J/4
*116
117
*116
112
112
*15
2,100
26
26
*15%
94
*93
r
'16%
300
1,100
IOIV4
IOIV4
261/a
26
26J/4
26
102
*101
100
101%
101 J/4
^151/2
15i/a
->*'172*173
151/4
1731/2
1153/4
94%
94
16% V^*i5Vi
172
-
500
53»/4
1003/a
Corp
4,200
14'A
100%
Du Pont de Nem (E I) As Co com_Efl
Preferred $4.50 series
No par
Preferred $3.50 series—No par
15%
16%
153/4
-No par
106
155/b
16 V2
''151/4
15%
*151/4
V
45
preferred
600
15%
16%
15
*31
45%
International—^—
15V4
15%
*52%
45 J/4
'
600
700
44%
*43%
;
500
23
>42
33 »/2
46 J/a
60e
*
■
41%
53
-133/4
No par
44
23
*
/
300
53 %
*31
45%
oommon
<
23%
500
200
12%
*121/8
12%
42
121/4
24%
v
*52 J/a
33'/a !
52 J/a
K 143/4
*14
*12%
*24
*43%
15%,'i:15%
15% V 153/4
16%
52%
12%
/*41%
44
153/4
*31
14%
34%
v
431/2
43Mr-..
*15 Va
23%
23 '/a
153/4 1
'f 43J/2
*12%
121/4
*23
64
*58%
64
24%
12%
24
*41,%?; 42
II
common.
$4 preferred series A.
$3.25 2nd preferred
Dresser
34
12 J/e
24
153/4
*
153/4
16% *
*16
52 >/a
•
241/a
41'/a
41 »/a
*58%
121/4
*24
...
12 J/a
*23 »/a
43%'
52%
-No par
-Mo par
Aircraft.
Chemical
*31%
.
-No par
■
Pepper Co
Doehler-Jarvis
15%
**•16
••
V..
*12 J/4
-
16
•15
>»»«■•♦
-Mo par
-No par
A
41
f 43%
3tL
M
Diamond T Motor Car Co_/ll___l
Distill Corp-Seagramr Ltd
1
Divco Corp.
*
♦
«
Class
23 J/2
;
.
partlc preferred
Dixie Cup Co common.
12 J/a
23%
41
■
12JO
No par
common
64
*12%;
-12 >/4
24%
Co
700
30%
.30%
X46J/2
10%
,
12 J/4
Match
4,600
303/a
243/,
Reynolds class A
353/4
35%
11
•24
Diamond
34
*33
473/.
/"•■ 12 Vi
33/4%
17
Highest
•
;
30%
r
Devoe Ac
900
8%
•33%
10 Va
f
De Vllblss
20
200
.
47
203/4
.
Cnrp
;)
10%
Detroit Steel
Dunhill
124 Va Jun
Year 1947
Lowest
7
30%
52
108
.
10
..8%
-
47Vi
Detroit-Michigan 8tora Co
Range for Previous
■
11%
8%
•'
87
89
*11%
87
-
Detroit Hillsdale As B W BB Go_lOfl
July 16
28
19% Mar
Deo
14
*86%
*88
11%
35
»
tflf
Escrow ctfs for pfd
Edison
2,100
3,300
■'■•■
10%
.
108
Detroit
May 15
18
May 20
188% July 9
113% Jan
8ep
110%
24
28%
83/4
J
-
24
28%
88
•11%
100
17%
*16%
47
M
Hudson
;
34J/4
*33'/4
-
700
16
24
?
88
-—
91
;»■
203/4
■■;
'•'■•
24%
*89'/a
■
'•
400
*15
-
17 ■•. •
17 ;■■;;
*86 Va
.
113/4
*111/2
V
8%
34%
,
91
2,900
..■■••
28%
*24
24%
:*
28%
87/
89 /
.
16 ■; !•
24
24%
•88 v/-,.-
87
8%
35%
;
28% 4 28%
•33%-
343/4
171/4
/:
.
24%
28'A
*11%
9
,,
•17
,
26
138
28%
*15
'
25 Ve
-
*85>/a
?
11%
89
16,;.
17,400
<253/4
*132
*89%
91
*15
,
*87
; 87
V
V *87
1"%
common
25
28%
*24
*89'/4;
j
17 »/4
25 >/4
28%
25 .
28%
>
10
200
10 Va
9%
29
7,000
55%
*55
137
'
11
146
*144
25%
-
29
18%
10%
/
10
♦135
?
•23% 4 24 «/a
24%
-
.
v
,
29
24
21%
*89%
•15%
•.
140
x29
i
400
11%
25
24%;
24%
*132
f/.-r
29%
29%
93/4
9%
24%.
24%
25%
24%
100
14%
*18
18%
9%
1,000
84'/4
*14 3/8
55
10
-
10%
84V4
146
55
V
,
*103/4
14%
11
175
*160
f
10%
85
*144
55%
■'•■
16%
1,400
*18
11%
■148
55%
560
16%
14%
183/4
10%
55%
*55
i
*18%
30%
16%
*84
14%
•145
%•
73%
291/2
10%
86%
j
14%
-
11
147 A 147
55%
,9%
'
Escrow ctfe for
39% July 15
58
July 15 '
19%
14
183/4
*132
.
Delaware Lack Ac Western
55%
91%
*18%
*55
Mo par
Delaware
21% May IT
9 :
Apr
0
114%
183/4
.1
Deep Rock Oil Corp
1%
-
*84
200
73 3/4
*160 & 180
103/4
990
2,000
24%
75 %
*16%
# 180 ; r
400
109
24%
29%
:
*233/4
.
107%
5,800
101
243/4
*731/2
?
16%
103/4
14%
11%
•;
*160
86
*83%
148%
108
Dayton Rubber Co
Co
.*-'■
103/4
14%
11%
Decca Reeords Zno.
Ac
,163/4
180
103/s
*14%
5% preferred
Chemical Oorp (Ths)
1
Dayton Pwr & Light Oommon-—_1
Deere
29
16%
101
1083/4
241/2
74%
29
15%
•18V4
1073/B
24%
74%
86
*146
107
200
29%
29:/4
29 Va
101 %
28%
16%
^160 /
V
283/4
40
40
41%
*40
100%
75
,.
-V
103/4
A 20%
28%
24%
1,100
200.
2,000
??■ 233/4
1001/2
106%
:
,
*83
Dana Corp eommoa, .
Cum pfd 3%% stria
Denter
11
Deo
-
180
103/4
-1
pfd
13% July 12
11
14% Feb 11
Jan
98%
Sons Ine t%
16%
16%,
*160
■
50% Jun 24
22% Mar 18 ?
Sep
28%
29
233/4
•
■
10% Feb
v* 36%
30
108
40 V,
16% May
46% May
75
-
lflf
May
38% May
*73%
10O
160
sorter B
May
'?
25
sorter A
'■*•24% Feb
A? 18% Jan
Doo
107%
24%
*73%
Preferred 3.75%
49
19%
105%
25
23%
21
IOV4
10 V*
»
20%
99'/2
108%
pfd_
40%
40%
94
28%
.
3,300
35
203/4
24
42
34%
*92%
10%
101/4
20%
"1,100
94
*23 %
24
20%
24%
Preferred 3.75%
26
-
non-cum
10%
320
600
2%
2%
2%
4,200
4%
35
34V8
*92
'
170
*4
4%
2%
34%
94
24
♦40
42
♦40
2%
20%
20 Va
106 3/4
17
20
*23%
20%
169
10%
10%
No par
10
Feb
24
20%
170
*4
34%
Ho par
Jun
8% July
10%
170
4
100
84 3/4
62%
*92
94
_No par
Jun
30
10
94%
62
v<
21/2
23/4
34%
*92
94
23%
Davison
4
2%
333/4
2%
351/4
*90
97
63
170
4
30
941/4
*92%
94%,
62
63%
170
4
?
4
99%
94
Oct
2,60
.
170
170
28%
94
Oct,;
47
*95%
62%
62%
99%
-
22
Oct
,16
*921/2
97
62'%
28%
;
13% July,
62%
'
Jan
94%
*95%
♦951/2
62
99%
.
26%
Aug
10% May
♦92%
97
*921%
97
93
29%
8
27 V, Mar'
69
17%
Deo
44Ve
941/2
93
*95%
CLOSED
99%
2
19% Deo
:•
1,400
28%
Jan
10% Feb :
;
6% May
15% May
280
193%
8
Jan
-.
Oct ;
: 38 ye Feb
> 45 Ve Mar
DM
8
••11% July 30
'
.55%
19%
Datega Stores Oorp
283/4 July 14
31% Aug
*55 V
19%
4
24% Feb 26
'85v-
Oct
46%
32% May
*
17% Jan
•
<84.
,
Feb
46%
v
flop
Aug
May
Feb.
20%
12% flop
S3
2
'
101% July •
-101% July.
Dm
24 i
■
14
94% Jun
V20% Jan
;
Peb
Jan
35 Ve
DM "
84
«
-
9
"
82% Deo
Y84
4
.18% Feb
15
16%
»
30% Jun: 10 :
Mar lfl,
10"
*
67% Mar
,r<13% Mar
55%
*i9V»
10
Cutlar-Hammer Inc
'
1
>19% Aug
*543^
19%
171%
Curtlss-Wright common.
i Class A
Cushman's
2
*31% May 26
It
55%
•19%
Cunningham Drug Storsa Inc
LM
Pub Co (The) com
Mo par
$7 preferred
No par
Prior preferred.
-No par
May 14
137
*543/4
19%
Curtis
2
12% July 21
13
Jan 27
133
Apr
'132
t
11
18% Feb
Feb
6%
*
12% May
129
Aug
56
191/4
4
Cuneo Press Inc
13
15
13 Ve July
Feb
7
147
55
Mo par
0%
300
56
170%
preferred
conv
.
19 Vz
Wheat Corp (The)
S
8t Seal new oom_„3.BO
RR
2,800
'V
191/4
America.
00m
Shares
I8V4
18
18
18
55%
Cuban-American Sugar oommon
lfl
A? 1% preferredma■
Cudahy Packing Co common
lfl
4%%
preferred
10fl
July 30
24 V, Jan
18 l/e Aug 20
122% Feb
12% Feb
Deo
6% May
5%
17% May 18
14% Aug 26
Feb
Deo
of
18
%
18
17%
share
$ per
STOCK
2%
preferred
Cuba
4
88
11 »/2
343/4
Crucible Steel of Amer
13% May 21
10% Mar
Mar
,101
Jan
62
9
Jun
177
Apr
155
>-■
,
17% Aug
11
21
9
81% Jan 13
12% Feb
Jan
21%
166
;
,
11%
-100
$4.20 preferred
$4 2nd preferred.
17,
34
3
,
Crown Zellerbach Corp 00m
2
Jan
Feb
26% Mar
11%
Cork
Crown
1
Jan
34%. Oct
*46%
*111/4
common
Cream of
14
37%
Deo
16
Jun
283/4 Jun
47%
11%
JIM
preferred-
Creameries
1
96
Deo
33/4%
6
102% Feb
,
Jan
24%
46% Mar
34% Jun
26% Mar 16
Oct
13% May
113%
8
26 Va May 27
130 Ve
Deo
xl6
243/4 Jun
11
Aug 13
108%
May '
82%
Mar 18
*46%
♦11'/a
_1
Co
Crane
103 Ve July 14
22% May
12%
15
Oct
Feb
'
165
Jan
17% Feb
62% Mar
20
66
2
13
47%
11'A
Coty International Corp.
2
14
98% Jun
Feb
x21
Jan
~41
22
393/4 Jun
11
0% May 13
95
-
98
13
29
Oct
30
33/» Feb
9
Feo
Feb
♦46%
Xll%
61%
Coty Inc
2
2% Aug
Jan
107
Deo
5% Jan
47%?:
,11%
share
Aug. 26
9 per share
RXCHANGE
B
106
188
1947
preferred
7%
Mar 19
177
3% Aug 13
Mar
40%
26% May
Cum pfd 3%% ser of
Corn Products Refining
66% Mar 24
Apr 30
4%
Deo
2%
59
168
8% Jan
Deo
97
Jan
Aug
75%
195
Deo
170
*46%
47%
*11%
As Tr Oe—88
Corn Exchange Bank
18% Feb
Feb
Feb
32%
18%
88%
18
47%
17%
♦46%
Corning Glass Works 00m ason
3Vt% preferred—
11
9 per share
I per share
1
57% July 14
23% Jun
the Week
Aug. 27
9 per
♦17%
Copperweld Steel Co
Conrertlble pref 6%
Cornell Dubilier Electric Corp
48
Sales for
Friday
Thursday
Aug* 24
Any. 23
$ per share
Par
share
18
Wednesday
Aug. 25
Aug. 21
EXCHANGE
20% Jun
11
Feb
12 Va
-J; ■£;{!.-jr.*■.<
8ALK PRICES
Tuesday
Monday
Saturday
STOCK
NEW YORK
Range since Jan. 1
Lowest
Highest
Year 1947
Lowest
LOW AND HIGH
8TOCK8
1,000
21%
21V4
21%
Shares
share
19%
Jan
25% May 27
Bagle-Plcher Co
213/a
21%
14 % Aug
Eastern Airlines Inc
16%
163/4
I6V4
16 Va
16'/a
16 'A
16%
16 3/8
17Va
4.500
14%
DM
51
Jan
16% Aug 11
20% May 18
22% Jan
8
21%
161/4
21%
Mot
25% Aug
24 Vi Apr
19% Feb 27
16
Eastern
16%
16%
17
17%
17%
17%
•17%
17%
173/8
17%
2,500
43%
43%
43%
44V4
6,900
42% May
163
48% July
198% Oct
Deo
57%
42% May
18%
25%
Deo
88
Deo
38 Va Feb
10
162% Jan
12
1751! Jun
17
47% Feb 28
65% Jun
14
Deo
Feb
17% Feb
Feb
109
82
27%
111%
Feb
8%
Feb
65%
Feb
16%
13
Feb
DM
4% May
00% May
10% May
33% May
16% Aug
104
8
Mar
13
8
Mar 10
100% Aug|ll
463/« May 15
19% May 17
92 Va Jun
16% Jan
2
Jan
12
5 Va Jan
5
8% Jun
24
43
Feb
20
56 v Jun
1
Feb
11
Feb
13
16% Mar 24
Jan
32% Feb
19
37% Jun
3%
:
Jan
1% Feb
11
19%
Feb
13% Feb
11
171
July
139
Feb
10
106
1
39%
f
Sep
II Ve May
146
DM
2
10
2% May 24
23% July
158% Jun
7
-lfl
Stainless Steel Corp.
Eastman Kodak Co common
6%
If
cumulative preferred—108
Manufacturing Co_
.4
Eaton
42%
43%
165%
61%
v
CLOSED
433/8
165%
STOCK
BXOHANGfl
21%
61%
•162
43%
433/4
•
13%
Edison Bros Stores Ino cemmoiL—1
18
18
*18
18%
18
18
10#
*88
90
*88
90
69%
89%
4%%
Ekco
preferred
Products Co oommon—J.lf
4%%
preferred
13%
Stop Nut Co
Electric Auto-Lite (The).
Electric
Boat
-Nepal
*881/2
90%
10
4,100
13%
133/B
13%
13%
13%
•99'/2 102 %
*991/2
102%
•99 %
6 s/s
*63/4
preferred
Me pasr
*63/4
7
*63/4
7
473/4
473/4
15
14%
15
143/4
15
•14%
36%
363/8
363/8
*361/4
37
*361/4
37
1%
1%
1%
1%
21%
203/4
156
•153
*137
141
1%
21
•153
156%
21
48
•137V2
; 48%
100
1,200
1,500
f ,15
37
*36 V2
15
100
1%
*l3/4
1%
21%
213/a
4,300
153 «/2
1541/2
,
2,100
211/8
1%
21
21%
7'/4
49%
"'49
15
*153
f
102%
6%
133/a
13%
102%
700
Xl8
48
21
Light oom_JTopflfl
1,000
90%
46%
1% ?
30
621/4
18
18
*88 %
47'/a
♦36
165%
62%
18
143/4
Convertible preferred
$7
13%
*99%
-
7
62%
47'/$
Elec & Mus Ind Amer sharea
4
102%
*6%
1
common-
Electric Power As
13%
*99%
lOfl
Elastic
*162
163 3/4
*62
62 r
62
62
*162
1653/4
•162
165 3/4
613/4
21%
200
156
•153
140
*137.%
141
*1373/4
—
!
51
<51
*501/2
51%
900
-i
♦141/2
15
100
1
154%
'
136%
47
DM
156%
Feb
123% Feb
11
Jan
67%
Oct
49% Feb
10
16% Dm
24% Mar
14% Feb
22 %
45
46% May
9% May
19
Aug 11
59 Va Aug
■
17
Aug 19
17% May
103
May
3% Deo
•%
Dee
47% May
93
Not
Jan
0
27% Jun
14
743/4 Jun
46% July
Oct
55% Feb
13
76
Dec
12% Feb
11
20% July
15% July
Jan
/ 12% Jan '-
38
Apr
x29% Jun
107
Mar
19%
97
Feb
5
>k 85
Mar
80%
Oct
Aug 19
5% Aug 17
Mar 17
7% Mar 17
'5% May 28
16% July 12
65% July 15
68% Apr 14
9
Jan
14
District Electric Co
Equitable Office
Erie RR
5%
68 Ve
13% Aug
Feb
10
5% Aug 26
60
Jan
31%
Feb
i
Erie & Pittsburgh RR Co.
Eureka Williams Corp
Eversharp
40% Mar
9
4% May
0%
For footnotes
see
54% Jun
10
26% Mar 17
32% Aug
3
20
24
Feb
page 26.
Apr
5% Mar
14
4
Apr 23
11% Jun
16
69
♦43%
24V4
65
45 Va
A
*43
69%
69 "
70
70'/a
72
15
65
*64V4
*43 ?■•'
44%
72%
73%
*72
fj
1,600
17%
♦17V8
17%
17%
17V4
171/4
17%
12
12
12Vs
12 Ve
12
12
11%
15%
16
16%
16%
16%
163/4
16%
16%
16%
•323/4
33%
♦100% 101
43/a
A4%
•IOOV2
900
,*
12
?
33'/4
IOOV4
33
333/a
100%
4%
4%
43/8
151/a
14%
60%
100%
60
■
43/a
*17'/a
23
4%
33%
4%
,
j
900
100%
*;■: 4%
r
f
1,000
4,300
t.
]
Y 33 V2
100 V2
33%
101
,
600
67
443/4
17%
14%
60%
?
1,700
24%
24%
24%
12 Va
*32%
v.!
*61
'
66
15
•
•
•61
66-
53/4
5%
14%
*14%
6%
8%
8V4
40V»
40%
*39%
/
6
6
15 % >■
•
15
15'/a
151/8
60
59
59
•
v
80
2,500
4%
66
*61
61
*61
153/8
15 1/3
15%
59%
AA
60%
14%
Products Co
"
■
•
I
11,300
,
.1,400
!
1,000
I
*
59%
*60
i
591%
v65
53/4
5%
*53/4
14%
14%
14%
*143/8
8 Va
8Va
6V4
8%
8y«
8%
2,000
40%
40%
*40%
42%
<400
*5%
6%
6
5%
14%
5%
15
700
;
"
Inc
!
Ex-Ceir-O
■
Corp
Exchange Buffet Corp.
JLflfl
-
.
M
May
Nit Jan
*14%
'
11% Jan
3
7% Mar 30
45%
"
24
17%
IOO1/4
I
a
Bldg
common
Evans
49% May
*43%
45%
15
64
;
15
i
'
38
64
140
12 Ve
A?
preferred series
20% May 17
5
15
24
65
23%
63%
*43%
15 »/4
231/4
*63%
♦15
15%
50%
'
(
I
lfl
Endlcott Johnson Corp eommon-JM
4% preferred
Jflg
11
?
'!■
*
503/4
503/4
50%
24
63
S
Phonograph-
8
11
:4
:
f 51 ?:;?
23%
<-
Mfg Co
&
10
9% Feb
Jan
Gas
Electric
Jan
4% Jan
25%
Natural
Jun
50% Feb
*14
Paso
Emerson Radio
34
Peb
Feb
Emerson
9
•15
i
—80
104*
Feb
Feb
El
6
141
503/4
Bfl
preferred
3
•137
-• '
_
•
preferred
22
Dec
13%
5%
6
•
10
common
conv
27
4%
34%
Co
5%%
Empire
12%
10% Mot
Jun
Elliott
16% Aug 27
2
67
64
$6 preferred
Mo pa*
Electric Storage Battery_—_He pa*
Elgin National Watch CO—lfl
14
69%
7% May
17% Dee
33% May
*•% Deo
17;
17
9% Mar 18
11% Deo
143% Apr 28
66% Jan
9
Fairbanks Morse As Co_
-
1
s
*5%
.6
/ A
8%
41
*5%
5%
?
41
5%
46%
46
40
*45%
fg
29%
29%
■V* 295/8
29%
29%
30
*29'/2
Falstaff Brewing Corp
X
Farnsworth Televis'n As Had Corp_X
223/4
223/4
*221/4
223/4
22
22 Va
Fajardo Sugar Co of Porto
46%
-NO]
»"*■'
,7
7%
7
46
,
7%
46
7
7Va
22
7
41
5%
46 Va
*5%
46%
6
46%
200
<
700
30
800
22%
22%
22%
800
7Vs
7%
7%
12,500
30
♦29%
-if
Number 4729
Volume 168
COMMERCIAL
THE
YORK
NEW
Range for Previous
Range since Jan. 1
14%
Deo
II
Dec
May
16% Deo
Feb 20
15% Jun
.■
9% May
23% July
14% Feb
16
20% May 22
12 Ya May 18
Mar 11
8 Yb Aug
20% Feb
28% July
6
10
19
Apr
97%
Dec
107%
Jun
90
20
Dec
26%
Feb
20
20% May
46% May
26%
Jan
$
18% Mar 17
42%
Feb
9
Feb
*
10
Feb
61
Feb
43
Feb
Feb
62%
Dec
14% May
21V*
Jan
39%
Oct
31% Feb
68
May
99
Dec
110%
Feb
30
May
41%
Jan
30
Feb
26
13
Dec
17%
Jan
13% Feb
21
Feb
26
24
Aug
40%
Dec
23% Feb
May
15%
Feb
91
Dec
May
21% Jan
33
Feb
12
12% May 24
47% Jun 14
24
Feb
6
40% Jan
11
89
May 27
8
105
32%
Dec
24% Feb 27
38% May 21
26%
Jan
22
25% Jan
12% May
25%
Jan
12% Feb 26
8% Aug
9
60%
Feb
35% Feb
13
"36%
May
11%
Nov
18%
8%
17% Mar 12
24% Jan
5
77% Mar 29
84
17%
8% Mar 16
10%
Oct
7% Feb 11
21
Jan
18% July 30
11 % Aug 17
47% Aug 17
17 Ya
Feb
12% Feb 27
22 %
Dec
18
43%
80
Feb
23% Dec
107/a May
18% Feb 13
Oct
11% Feb
99% Mar 24
Oct
50% Mar 11
58%
Dec
102
Dec
9%
Oct
Dec
.11
Dec
8
May
37
Apr
Sep
83% July
47% Feb
23%
Dec
33
Feb
Dec
160
100% Jan
14% Feb
Jan
13%
185
Feb
8% Feb 28
131%
81% Jan
63% May 15
159
Jun
14% May
Jan
9
2
Mar 13
40% Feb
1*
118% Feb 25
97
Feb 10
60% Mar 16
Feb
Food
Feb
14
4% Feb
Mar
3
2% Feb 13
Dec
16%
Jan
11% Jan
19
May
31%
Feb
21% Mar 16
125'
Oct
22
24
1
124
22%, July 15
26
36%
Jan
25
31% Jan 12
130
July 8
13
110% Feb
13
101%
Apr
26%
Dec
35%
Jan
19%
Apr
30
Feb
23% Aug 11
22% Feb 11
95
Dec
100
Apr
08% Apr
21% May
40%
2
29
14
29% May 18
30% May 6
101% May 22
22
Aug 11
30
86
Dec
108
Jan
85
Feb
90
81
Nov
98
Feb
72% Jan 23
Feb
10
Jun
17
May 12
82% May 19
t per share
23% May
90.
36%
27% Feb
Jan
90
Feb
Apr 26
17% Feb 14
Jan
79
Apr 30
85% Jun
21
Mar 17
58
Sep
48% Feb 27
7
Feb
4
124
Oct
113
SO
103
Dec
Jun
21
Dec
49
,
Jun
33
Mar
1
Mar 10
Feb
106
19% Feb
Feb
July
71%
99% Dec
47% Mar 16
94% Mar 11
18
25
28
May 15
3
May 18
55% July
6
2
Jan
6
9
121% Apr 22
24% May 17
64
May 21
41%
Dec
Feb
38% Mar 17
95
Dec
109
Aug
96% Mar 18
104% Jun
3
13% May
24
Jan
16% Feb 11
23% Jun
14
Oct
3% Feb 27
5% Jan
2
3
8%
May
6%
Dec
"l2%
May
23%
8% Mar
■:
5% Feb 17
8% Apr 23
15% Aug 20
dtt
17% Aug
2
18
Feb
33% Jun
14
Dec
33
Jan
24
Feb 18
90
Dec
107
Mar
90
Feb 26
9
May
Dec
12
Dec
14%
Feb
29
17
34% May
Feb
37%
;
Sep
12% Jan
49%
Feb
Mar 27
86% Feb
20
Dec
-20'
Jan
Dec
163%
Jan
132
Feb
69
May
70
Feb
60
/
11
9% Mar 16
133
27% Mar
-
19
11
22
27
Apr 10
31
99
May 26
Jun 15
13% Jun
1
40
July 14
15% May 21
60% May 15
23% Jun
1
145% Jun
77
17
Jan
27
9
29%
Oct
35% Aug
29% Feb 21
40% Jun
14%
Deo
21% Mar
13% Aug 24
17% May 17
';
12
July
Dec
92
Deo
105%
Feb
"""4%
;
May
May
8%
10
Jan
78
M.; 6% May
v! 31% May
95
'
8
91% Apr 16
.18% Aug 11
5% Mar 9
.85
Feb
7
\C Dec
14%
V
Feb
Feb
.
61
Dec
;
12% Feb 11
44
98
Jun
4
25% July 12
9
97
Jun
14
July 21
20% Jun
23
Feb
10
58% Jun
16
10
81
Jun
21
67%
"
13% May 17
Apr
76%
Dec
67% Feb
13%
Dec
16%
Sep
14
Jan
2
Doe
39
Feb
10
18% July
9
10%
•10%
21
•20%
83
82%
z
;
183A
11%
HYa
11%
11 Ya
♦11%
♦46 Ya
47 Va
473A
*47
'
16
16 Ya
17
165/a
•
21%
21 Ya
;
16 Ya
16Ya
*52
*16
19
387/a
Jan
II
14
Jun
19%
Feb
12% Mar
9
16% May 22
13
Dec
19
Jan
13% Mar
3
X14% May 21
87%
Dec
112
Feb
102%
Deo
108%
Sep
19%
148%
Apr
Oct
/ 88% May
27%
160
39%
•
79
Mar 22
xl0l% Feb
10
35;
Apr 10
89 r, Jan
107
Jun
12
16
21 Ya
21
16 3/a
*101
y/:'/:5l-/^
10 Ya
10%
10 Ya
//
10Ya
w.
11
Ya
113/a
*11 Ya
11%
•HYa
12%
12 Ya
12 Ya
12 Ya
12 Ya
12%
12 Ya
78 Ya
"
155 Ya
•153
113/a
123A
—
M 1-200
103 Y4
*153%
10%
155
•153Ya
155
1,300
W-sH'ri'
51 Ya
*101
154 Ya
•153
1,200
,
17
103%
*113A
154 Ya
400
,21
163A
.103%
5,200
383A
•103
51% * 52%
52 Va
400
8Ya
21/.
.
163A
103%
200
19
;,
1,200
■,
■
'12
___
..;
12%
82 Ya
79%
793A
78
•37 Ya
39 Ya
4 37 Mf;
38 >
*37%
39r*
♦37%
•20 Ya
20 Ya
20 Ya
*20 Ye
21%
203/4
203A
129
129
300
3,800
^
38 Ya
20% K
,39%
20%
38
♦193/4
7%
preferred
♦128Ya
*77
.
132
*77
79
130
130
79
I
140
100
200
130
130
/,
^
40
No par
39Ya
397/a
39 Ya
39%
38 Ya
393/a
393/a
39 Ya
39 Ya
39 Ye
14,000
No par
No par
Co
Corp com
preferred
395/a
393A
39 Ya
39 Ya
393/a
39 Ya
39%
397/a
397/a
397/a
2,000
92
92
92 .p
92
•
*91
92
92
300
1
10 Ya
10 Ya
10 Ya
lOYa
10
10%
10
10
10
10
1,300
No par
49 Ya
49 Ya
49
49%
49%
50
49 Ya
49 Ya
49 Ya
43 Ya
1,600
preferred
oonv preferred
5%
100
100
♦121Ya 122';
*102>4 104/
121%
121%
*121Ya
122 Ya
*121s/a
122
102 Ya
102 3/a
♦102
104
•102.
104
Corp
3%%
General
,'
130
•127
.
common
•3.50
55
Motors Corp
53.75
series
104
64%
63%
121%
947/a
-ft*,15
>*20
94%
Equip Corp—No par
.
Refractories
.*•
V
123/4
•22%
127
•124
:
4%
43A
4%
26%
26%
26%
1
•26 Ya
27
2G7/a
123 Ya
124
123%
123%
General Shoe Corp
Gen Steel Castings
4%%
preferred
4%%
26Y4
•5
oonv
com
oonv preferred
Brewing Co
Gold A Stock Telegraph Co
*101%
233/a
•83
86 Ya
*78
80
Monday
i.
Aug. 24
Aug. 25
I per share
f per share
$ per share
33
STOCK
No par
50
1
100
EXCHANGE
•91
20
23
•80%
51 Ya
53/a
22 Ya
23 Va
51 Ya
CLOSED
5 3/8
•118
-
5%
22 Ya
19%
20%
37/a
44 Ya
443/4
44%
103%
103 Ya
21 Ya
20%
20 Ya
3Ya
33/4
3Ya
3%
3%
•103
67/a
63/4
15%
•15%
30%
30 Ya
30%
30%
•
253/a
25Ya
253A
253A
*25%
253/4
253A
26
26 Ya
263A
100
•94 Ya
♦94 Ya
947/a
*94 Ya
94%
94%
94%
•94 Ya
947/a
95
6%
13
13%
1
•12%
I27/a
12%
13 Ya
par
•38 Ya
387/a
•38%
38%
par
13 Ya
14
14
par
42 Ya
427/a
42 Ya
21
21 Ya
21 Ya
21Y.
21%
♦137 Y2
138%
138%
100
139
100
139
•69
72 Ya
•69
72%
363A
37%
42-/,
42 3/4
387/a
14
14
37%
133/4
14
11 Ya
14%
♦133/4
11%
11%
11%
—————100
96 Ya
Corp
10
20
1
7
new
common
...
*93
I6Y2
96%
♦96-
96 Ya
96
96
20%
20
20 Ya
20
7.
96
7
7
97
17%
52%
71
16 3/a
•14
14%
No per
•13Ya
J4
96
16%
i
72
16%
7
•93
r-
-No pea
29
•33 Ya
Water
34
100
•80
84
(M A) Co 54.25 pfd
No per
Harbison-Walk Refrac com—No per
•104
•52 Ya
3,500
.
r;
21 Ya
c
1,400
50
138 Ya'
72 Ya
*69
500
36 Ya
367/a
200
14
14%
*13 5/8
11%
97 Ya
♦96Ya
97 Ya
20 Ya
•
•93
163/4
17 Ya
54
•
17%
52 Ya
54
100
10
24%
•145%
-
28Ya
V.N.i;
•96 Ya
20
7
•93
■'!
167/a
•51 Ya
,
20 Ya
20 Ya
7 Ya
7Ya
;
7
,
■
*
70%
69 Ya
70%
69%
69 3A
16 Ya
16
16%
16 %
16%
3334
88%
•34
70,
53
69 Ya
v.
24%
149
28Ya
35
•34
35
34 Ya
35
14%
14%
14%
•14 Ya
14 Ya
14 Ya
14%
14%
133/4
133/4
13 Ya
13Ya
•135/a
•80
84
*104
106
;
83 Ya
•104
♦24 Ya
25 Ya
& 24%
•145Ya
149 /
*145 Ya
•28 Ya
29%
•27 Ya
83 Ya
106
24%
149
29Ya
14
*82
85
106
243A
♦104
106
♦145 Ya
149
•l45Ya
•27%
'29
277/a
♦82
•104
245/a
85
/
69 Ya
14%
24Ya.
243A
149
27 Y8
20
7,600
300
16 3/a
*13%
.
800
V,;
>
V53
16%
•<
50
-
.2,900
>-•;
93
17%
17 Ya
17Ya
16,500
11%
93
96
53
16 Ya
.
106
Hanna
Marx
.1,400
42 Ya
21-/:
11 Ya
11
20 Ya
*6%'
y
52 Ya
No par
A
,110
<
•5 conv preferred
No par
Gulf Mobile A Ohio RR com -No par
Sobaffner
.
1,400
14
138 Ya
72%
37'/a
•69
900
Hi
13 Ya
42 Ya
21 Ya
139
300
1,400
•
387/a
14
42 Ya
21
•133/4
14%
Hart.
42%
•137 Ya
36Ya
36Ya
363/4
11%
34% May 15
13%
423/4
72 Ya
♦69
13%
•38 Ya
13
38%
13%
1,100
.
17
•15 Ya
•38 Ya
V
7
63A
6Ya
17
13
21%
139 Ya
_No par
•38%
14
11 Ya
27% Mar 16
6,100
30 Ya
9
preferred
200
3%
15%
Common
6%
3%
•29%
6'A
•133/4
9
600
17
1
28
4,600
21 Ya
♦20
29
63/4
•15%
Greenfield Tap A Die Corp—No par
27% Jun
453/a
104 Ya
45
*103 Ya
.200
29
6 3/a
•36 Ya
150% Jan
2,800
103 Ya
16
preferred
Green Bay A Western RR
Green (H L) Co Ino
preferred
400
'
59
58
103%
45 Ya
104 Ya
♦20%
443/a
103
200
20
20
57%
103 Ya
29 Ya
7%
(W F) Printing Co
Watch Co com
>
20 Ya
57%
103 Ya
29
6 3/a
Great Western Sugar com
Hamilton
♦20 Ya
57 Ya
1,800
120 Ya
*118
16
preferred
Grayson-Roblnson Stores com
•2.25 cum conv pfd
No
Gt Nothera Iron Ore Prop
No
Gt Northern Ry 6% pfd
No
Corp
120 Ya
2,100
5%
5%
10
3%*
preferred
♦118
23%
53
♦51
5Ya
103 %
57%
•103
23
52 Ya
53/a
100
5,900
84
No par
new
City Steel
Grant (W T) Oo common
Gulf States Utilities Co.
20'A
*80 Ya
22 Ya
22%
1,500
20 Ya
20 Ya
84
37/a
21
3Ya
•80 Ya
♦51
120%
20%
20 Ya
21%
44%
103
103
21
20
5%
•118
Shares
33%
92
*20%
44 Ya
44
103
•33
*01
52
5%
20'A
33
92
23%
♦51
5%
33
•91
81%
*80%
23
120%
*118
197/a
81 Ya
the Week
$ per share
20
19%
20
53
•51
120 Ya
No par
Hosiery
Granite
21% Feb 24
1,600
Sales for
92
•91
92
19 Ya
82 Ya
*80 Ya
Grant)* Oonsol M S A P
146% July 30
233A
Friday
Aug, 27
,
8 per share
33%
33
33'A
33
92
19 3/a
8
34
92
Graham-Paige Motors
Jan
23%
Thursday
Aug. 26
Wednesday
Tuesday
a
Aug. 23
No par
preferred
eonv
2,100
263/a v, i
80
•5 preferred
No par
Goodyear Tire A Rub com—No par
4%
500
500
>; ii.i2o
,
-102%^::/
86 Ya
57 Ya
Haekenmck
■
25
243A,
23
103'A
Hall
25
•78
573/4
•5
♦25%
102 Ya
•83
•102%
Gulf Oil
26 3A
•101%
23%
58 Ya
Sugar
•253/4
81
103 Ya
preferred
24 Ya
26
r'.
I
r
126
86%
58 Ya
4Ve%
125 Ya
•78
•102 Ya
Grumman Aircraft
124 Ya
,
2,000
26%
•223/4
10
Guantanamo
*26
400
V
27
26
26
8,800
/
„
.4% V
4%
♦26Ya
♦83
No par
Grand Union Co (The)
-
43/4
26 Ya
81
23
23
.
Inc—
•5
127
4%
•26
/-/,*
86%
23%;
(B F) com
Gotham
•124
600
>
23
127
500
rw *>1,400
?; 400
:
33/4
12% A13
23
•78 >,
• per share
No par
4%%
Goodrich Co
♦3%
13
124 Ya
102%
,
•83
No par
Goebel
Good&U-Sanford
21
15
81
Saturday
Aug. 21
common
•4.50 preferred
Glldden Oo (The)
V3%
•
Ai
LOW AND HIGH SALE PRICES
STOCK
preference
Brothers
•25'/a
•101%
;
500
'it, 1,300
86 Ya
23 Ya
Safety Razor com—No par
Glmbel
21
14 Ya
13,900
*
l5Ya
•78
100
100
Par
Gillette
;
25
26
;k)
/
♦
20 Ya
143/4
1
I,
9$
*83
8
preferred
preferred
102
i
♦124
H 124
102
*25%
*101
15 Ye
23
263/4
25
25
25
25 Ya
•101
;—10O
Gen Tire A Rubber Co com
3%%
24 Ya
*25 Ya
124
.
15 Ya
Y*
83%,
.60
10
'
,
121 Ya ■'
*22
4Ya
26% .v
263/a
-c
,
94 Ya
3%
12%
•
> 121
05
143A-
12
23%
127
; 4%
•26 y8
267/a
$6 pfd—No par
General Telephone Corp—
20
Gen Time Instr Corp com—No par
:
V
20
>
33/4
♦3%
13
23%
•124
20
63%
633/4
\
*15%
14%
33/4
12%
'
127
43/4
26
i?0«
34%
*91%
120 Ya. 121 Ya
,95
-.15%
15v.i
*22
22%
•124
s5i
:26*/4 1}'
••
*3%
12%?
22
No par
*14%
63Ya•
120 7/a
95%
15
-
3Y4
■:»12%
120 7/a
.
15
■3%.
8
No par
100
lOo
.
20 %
>
Sr4 *14%
lOo
Publlo Utilities Corp
Railway Signal com
6% preferred
Gen Realty A Utilities
Gen
.i>r
,>
ri5
u
Jg
i
-*20
63% t 63%
63 Ya
•1203/a
95
No par
Outdoor Advertising
No par
General Portland Cement Oo—
1
V
121%
62 Ya
121
.«*•
'•
1213A
121 Ya
•102
Gen
General
95
•90
10
No par
com
preferred
Preferred
Jan
♦20 3/a
♦103
200
16Ya
-
383A
38%
1,200
48
8Ya
.
100
HYa
'
♦80
Dec
For footnotes see
page 26.
38%
«
1,600
18 Ya
•18%
'
2,600
4
.•
8Ya
•16
.
8Ya
8
170
7%
:
18 Ya*
s
16%
♦18%
8 Ya
'
32%
*7
•y
8
16 Ya
103%
10 Ya
10 3/a
10 3/a
10 3/a
103/a
•101
;
8
19
103 Ya
513A
103%
•47
16%
•103
53
•101
Ya
H
38 YaZ
39
*16Ya
£;:
18
8
8
7%
103 Ya
•152
7%
•18%
52 Ya
•101
2,100
7»/a
104
52 Ya
:: '500
400
i
83
18 3/a
•103
103
10%
•82%
7Ya
48
21
213/4
16 Ya
•16 Ya
•103
•10 y9
21
-■■/
200
; 600
i-i 20% 120%
10%
8
190
43%
•18%
11%
•38
39 3/a
•14
82%
7%
90
1,200
23%
14%
•43
7%
8
1,600
/-
^.•99%
43%
20%
18 Ya
8 Ya
12 Ya
Greyhound Corp (The)—
"
9
21 Ya
.
J
21%
28
•
17
34
*22 Ya
87/a
43
200
*'
97%
34%
18 3/a
18 Ya
11%
18 Ya
.
*
8%;
43 'X:
•82%
•10%
10%
•47
-llYav'
EXCHANGE
103% Aug 11
47% May 20
61%
16 Ya
13%
9%.
.
.
2,300
10%
36%
50
2nd
NEW YORK
39 % May 21
96% Jun
51% May
5% May
104%
13
43
8
;
*
11 Ya
5 per share
26% Nov
17% May
85
Dec
22%
Dec
105%
Dec
:
*'
No par
100
preferred
Highest
S per share
tper share
„:.»i4%.
•8%
8%
300
30%
No par
100
1st
conv
Range since Jan. 1
Lowest
Highest
23%
13%
7Ya
Ya
STOCKS
Year 1947
34
•22%
15%
preferred
4%
4%
Range for Previous
Lowest
•33%
23V4
7%
18%
•38 Ya;
6
Public Service.
6% May 24
34%
23 Ya
1,800
10%
General Cigar Co Inc com
Gen
30% Jun
34%
21%
5
Gen
128% Jan
97%
«
30
"
83
8
No par
15% Jun 24
29
May 18
May 12
4% Mar 11
22% Feb 11
97%
21
18Ya
9
common
Bronze Corp
General Cable Corp com
Precision
Oct
Feb
Baking Oo
36%
97%
82%
•
No par
preferred
Gen
29%
124% Jan
•8
37%
97%
36%
•96
HYa
100
General
•36%
97%
,10%
48 Ya
1.66%
$4.26 pfd series A
37%
10%
37
21%
11 Ya
com—1
Amer Transportation
29%
84
473A
60
•4.50 preferred
15%
29%
•10%
82%
jmu par
General American Investors
*14%
10%
20%
No par
com—1
Inc
15%
29%
43
700
'
29%
43
5
(The)
Industries
14%
•14%
50
32%
14%
•10%
♦i4
8
31%
14%
•14%
8%
8
32%
14%
800
100%
29%
•
500•
v
1,500
100%
10%
14%
f
•18%
14%
101
29%
43%
10
10
33
14%
14%
*100%
X32%
•10%
4
50
com
preferred
Gaylord Container Corp
General
14%
'
1
conv
General
•32%
33
14%
.u:
7%
Inc
101
32%
34
18% May 27
47/a May 21
3% May
18% May
8% Feb
Co
'•
101
23%
preferred
Wood
4%%
3
17% Jun 10
May
Gameweh
101%
34
Gardner-Denver Co
Gar
101%
23%
(The)
conv
19%
34
23 %
Gamble-Skogmo,
5%
19%
34%
20
•56%
700
•
600
33%.
33%
com
56%
104%
57
19%
23
Mills
12% Mar 17
10% Feb 11
Dec
Oo
56%
700
47%
? 104%
48
34%
14%
•42%
600
59 %
47%
105%
19%
10
preferred
59 %
•104%
33%
28
Instrument
Jan
Feb
6*
r
47%
105 Ya
19%
37
General
.19%
140
Gabriel
48
;ioo
;:
237/a
23 7/a
33%
•96
Galr Co Ino (Robert)
,*59%
70
V
56%
97%
100
24%
59%
1,100
23
56%
37%
preferred
own
28 Va
•19%
X33%
97%
General
13% May
18% Oct
2% May
4%
59%
800
98
•22%
•23%
23%
59%
28%
•97
23
19%
34%
33%
14%
Froedtert Grain A Malting Co Inc_l
Fruehauf Trailer Co common
1
28%
97%
•22%:
571/4
102
•33
1
10
:
34%
57
37%
2
Jun
•101
No par
:
23
100
400
9%
•19%
lo
Corp—
27%
98
•9
19%
100
Sulphur Co
9
''
34%
•34
15
pfd
18
47%
10%
17
99% Jun 14
57%
19%
;
•17%
•104%
48
104%
104%
30
Jun
65
57%
>
•47%
48
10%
13% Jun
125% Jun
105%
18
3,500
39'
27%
,
591/4
59%
58%
47%
15
50% May 15
128% Jun
2
17
58%
•104%
29%
96
19
23%
1
Electric
Jun
241%
.10
Foods
108
•22%
;
Shares
15
•38
98
27%
98
No par
conv
Stores
23%
-7%
Sugar Co
Franklin
Freeport
•22%
23%
No par
Foster-Wheeler Corp common
6% prior preferred
Francisco
22%
27%
•97
i
General
03% Feb
26
cum
22%
"
14%
39
9%
22%
No par
Machinery Corp (new)
3%%
•9
'
98
"
Corp
General
8
119% Feb
20%
Steel
9 '
9
27
9
the Week
t per share
14%
♦38
for
Sales
Aug. 21
181/4
18%
•22
CLOSED
10
Pood Fair 8tores Inc
May 27
8ep
11%
Follansbee
is%
39
•96%
EXCHANGE
-No par
Florsheim Shoe class
is%
v'
14%
14%
•38
8%
27
29
Corp
Jun
Mar
1
Power
41
129
Dec
Stores
Carpet Co
15
38%
Friday
Aug. 26
t per share
$ per share
14%
14%
18%
Thursday
Aug. 25
38%
5
STOCK
Wednesday
t per share
%
Ya,
100
43
107%
13%
Florida
38
18%
1
Florence Stove Co
21
Dec
94
(The)
44% July 15
Dec
120%
National
Firth
•••-
PRICES
SALE
HIGH
Tuesday
14%
14%
*38
i
preferred
(855)
Aug. 24
8 per share 1
•
Fllntkote Co (The) common_.No par
84 preferred
No par
28
Mar 19
Co
Mig
Corp
First
1
3
Enamel
4%%
106
May 12
11% July 13
Tarrant
ex
Fidelity Phen Fire Ins N Y
Firestone Tire A Rubber com
30
144
Feb
85%
26% May 4
18% May 15
105% Jun
128% Aug 19
31% Mar 11
Feb
X122
9% May 20
45
May 29
2
88% Jan
Dec
Aug 19
48% Aug 19
17'A July 21
23% Jun 16
Jan
Aug
Dec
12
Jun
16% Mar
123
'
5
24
64% July
100
Jan
82
84
103
20
19 % Aug 11
Jan
Dec
10% May 21
10% May 22
Apr 22
34% Mar 10
73
Feb
Dec
Aug
July 14
39%
May
12% May 18
15
45%
10%
6
Apr
1
9% Mar 17
9% Feb 11
Jan
May
43
13
148
/July
18%
34% Dec
87
5
Jan
149%
32
Jan
16
Apr
137
13
109
Nov
71
Feb
5% Feb 11
9% Feb
26% Aug
14% May
.
Feb
18
No par
Federated Dept Stores com
No par
4%% convertible preferred—100
4
12% May
14% May
4% July
*101
1
Jan
Jun
48
May 15
Jan
Deo
100
.
47% Jun
39
5% May
v
Feb
16% May 21
10
••
22
Deo
18%
10
5
103% Mar
Deo
77
Mar 16
_
Federal Motor Truck
Jun 21
19% May
23% May
8 per share
A
6
7
36% May 26
15% Jun 24
9% Mar 17
lio" July
29
X104
14% Mar 19
Jan
9
18
Jun
59% July 12
20% Aug
9
42% Jun 14
11
x98
May 28
53
Corp.
Federal-Mogul Oorp
Ferro
9
Aug. 23
2
Fen
107% Jun
49% Mar 16
14% Feb 20
24
15
Par
Fedders-Qulgan
Monday
'
RECORD
LOW AND
Federal Mining A Smelting Co
26% Jun
14
51% May
3
31% May 14
99% Jun
11
104
Jun
24% Jun * 1
63% Feb 28
69%
107% Aug
Jun
Sep
14%
18
43
STOCK
Aug. SI
$ per share
35% Feb 11
CHRONICLE
Saturday
STOCK
EXCHANGE
42% Mar
32
104
NEW YORK
Highest
8 per share
$ per share
f per share
11%
Lowest
Highest
FINANCIAL
/■//;,/
STOCKS
Year 1947
Lowest
fit
'
;
.
8,900
3,900
19
THE
(856)
20
Range for Previous
Year 1947
S per
S per
share
Apr
May
6
12 '/
Feb
4% May
25
6
Feb
100'/a
9%
6% Feb
"£.J
x20
10% Jun
11% Jun
5
22
May
30%
Jan
21% Feb
14
103%
Apr
78
27
91 *
Jun
Hayes
35
May
Feb
35% Apr
13
X95
Dec
108'
July
95>V» Jttu
23
103
68
Jan
62
July 16
1651
Jan
140Va~Dec
51V4 Feb'
9
140->' Jan"
Jan
153
7„
Inc
HIGH SALL PRICES
Wednesday
AND
&\iare
'%
t per share
-r
„
73
6%
.
1
cum
(O
1%
-*—15"
^•36%
25
:
'
—25
,.100
♦36'/a
-
8%
800
9%
9%
3,309
21%
21%
2,000
24%
*24'A
"
*89
*24'A
99
60%
*98 ::
93 V
60%
*60%
60%
500
37
98
.
93"
-v
B0
y-
v" 900
60%
145
141
♦141*"a 145
145
♦142
145
*142.
145:
3u%
3u%
60%
60%
90
♦Jb'A
99
♦98
,
60%
.
200
24 V2
*89
♦89:;:' 90 :
90
36y»r36%
37 m.
»
*98'
98%
59%
>142
24%
21./',,
8 Vz
21%
9%
.
,
"35.:
8%
97/a
'
37
98%
59%
.
10
21
24%.
24%
00
*88%
'
9%
»
21%
i: "V
■
6%
70
*66
70
8%
•
207/a
9% % 9%
24%
,v
90 %
0%
8%
Shares
share
*6
6%
70"r,
69
69
8%
21
■
24%
;;*88%
.—100
preferred-
21
*24%
—100
common-
non-cum
.
207/a
preierred—
W)
8%; "•"A - "f 1 d V#.;.
m.
2
common—
3.65%
8% '
—
preferred
:
(H J) ,Co common
HClmer
closed
*5%
6%
*5%
■
73
♦69
share
S per
S per share
./.♦57/a
6%
*57/a
♦69
>
I per
$ per share
for
the Week
Aug. 2f
Aug. 26
Aug. 251-
Sates
Friday
Thursday
Tuesday
Aug. 23
EXCHANGE
1
Corp—'
Co
H0inz
2
Jun
•/■'.
•
Monday-
STOCK
1
3% %
May 28
Nov
Mfg
Hecnt
25
42
rV
Saturday
Aug. yi
t per
Par
—..-100
Huam-AIIat Olaos CO-
27% July 12
Dec
42%
,
'
Hayes' Industries
10
26% Jan
.
Monday, August 30, 1948
CHRONICLE
LOW
STOCK
/£.,
1i
11
Jan
YORK
EXCtlANu'iS
Hat Corp of Amer class A
4Va% preferred
5
90
49%
FINANCIAL
•
4
J«n
Mar 10
,
V
.
per share
7% Jun
79'
11
6% Feb
Jan
NEW
Highest
Aug >5
Aug 2j5
69 *
Oct
35%
,
Dec*
•
$ per share
share
10 %
Dec
6% May
75%
&
STOCKS
Range since Jan. i
Lowest
Highest
Lowest
COMMERCIAL
"
14 % May
22%
Feb
14% Feb
50 %
63
Feb
46
126
Sep
134
Dec
Oct,!
20
Sep'
121
Mar
38
Dec
29%
118
Sep
"
22% May 21
Feb
30% Apr
123 %
v
26
33<
Jun*
Dec
Dec
•
Vl4% May-
5
21% Feb
12%
20% -Oct
3%%
i
Hilton
Inc--_
I
Hlnde & Dauch
2
Hires
16 % May
(C
Co
Holland
(Del);
Furnace
♦10%
32
18
5
*25%
25%
25%
5
♦12%
:
feons (A)_-— J.—*
Jan
15% Fe b
34*'
Nov
36
Dec
26% Feb'll
35% Jun<
Homestake Mlning_t——-L
12.50
Hooker Electrochemical - Co——
5
19%
Feb
13% AUg 25
18% Jun
Houdallle-Kershey
Holly Sugar Corp
42% Feb 24
Feb
36
Feb
27
46% Jan
$2.25
Oct
29% Feb
10
34% Jan
Household
Sep
85
Aug 17
94% Jun
3%%
Jun
38
Mar 12
46
28%
Dec
20% Feb
20% Deo-
29
Feb
31% May
38% Mar
,56
44
Dec
28%
Jan
Dec
105%
37% May
45%
16%
36
Jan
J.VN'UK*-'
7%
3 > May
r3
10
23
Jun
33
47
Jun
Jan
31
4% Jan
2
71
Mar
27%
30%
♦30%
20%
87
♦85%
87-
43%
43%
44
44
No par
25
c_
5%:- non-cuin preferred^—•
100
Hudson Bay Mln & Sm Ltd—No par
Hudson Motor Can
—JNo par
Hunt Foods Inc
—6.66%
45% Jun
25
22% Jun
14
14% May
19
14% Aug 23
Mar lfl
Apr
5
8
1
^—.—
•*♦19%-
Hupp: Corpw!
May 17
ii
*
35% Jun 24,
Idaho Power Co
18% May
30% Apr 27
27% Mar 18
42% July 14
37% May
64%
Dec
62% Feb
90
93
Jan
97
Aug
95% Mar 16
15
Jan
26%
Dec
24% Jan 22
7% May
11%
Dec
11
July 13
97% May 17
37% July -12
30
May 26
Illinois
11
12 % Jun
3
17
25 Vb Jun
26% Aug 11
Dec
12%
30%
Jan
Jan
17
July
x35% May
50
Dec
9% Feb
20% Feb
Refrigerator
9%
1
14%
Aug 11
180%
Feb
Apr
42
Oct
17%
Nov
15 % Feb
11
6% Feb
Feb
10
160
3
May
,7
Feb
2% Mar 10
11% Feb
10
Feb
5% Feb
34%
Oct
23% Feb
76
96
Jan
74
94%
36%
Feb
Oct
93
Sep
86-
9
May
16
Dec
116
33% Jun 15
Feb -28
99
9% Aug 11
Feb
86% Aug 27
52 % Jan 24
Feb
July 22
14
May 20
107% Jan 29
64
45
Dec
39% Mar 16
45
Jun
2
Jan
_
37% Jan
3
139% July v 2
64% Jun
>1
-
Feb
i
58%
Jun
5% May 20
42% Mar 17
107 Vb
Apr
9% Jun 24
38% Jun
9
9
Dec
11
1*>
40% May
63%
Oct
43
32
40
Feb
30
17%
Feb
11% Feb
11
16% Jum 24
17%
Feb
11% Feb
11
16% Jun'24
26% May-27
35% Jun 14
Jun
9% May
9% May
Mar 12
'
Mar
65% July 12
19
Apr-
26%
Feb
17% Mar
9
20
May-
27%
Oct
22% Mar
1
29 % Feb
143% Jan
■
-158'
Aug
;
Mar 31"
35
4
18
39% May 20
145 May 25
,137% Jan 16
Year 1947
$ per share
6%
Jun
19%
Dec
80%
Dec
13%
39% May
89
37
S per share
82
92
18
Feb .13
34 % Feb
100% Feb
,
-V
10
Oct
11
151
.27% May
.86% Dec
25%
'.«
39
Jan
Dec
;
Jan
40%
20% Feb
100
145
Feb
101% Feb
Oct
v :■
1,300
7,300
97%
*95,-.
97 Vz
*95
97 Va
34
34
34%
*34%
35
26%
26 Va
10%
10%
23%
23%
14%
162%
—
7
100
*82
85
♦82 :
of Canada
Preferred
com__No par
136
-—
'
*94
International
90
No par
No par
Shoe—
International Silver common
7%
preferred——
29
Foreign- share ctfs—-t_—-No
Interstate Dept Storesj;
iNo
Intertype Corp
4
Island Creek-Coal
$6
preferred
*60'A
v.
42
34%
>
'
7
:
22
•
.
353/4 ;. 36 >
*137 - 139%
•-
■
/
Saturday
Aug. 21
62%
*60%
34%
*34
Tdt
I per share
12%
700
13%
13 y«
23%
23%
*22%
.23%
30%
36
*30
'
109
20,600
"
"1,700
-
*30
•>
*35%
36
139%
1
12%
13 Va
5
30% V- 30%
*137
13
*12%
22%
22
,
,
12%
*127/a";. 13 %
139%
t per
S per share
~
34%
C 139
*137
30 %
♦137 '
Va
V
500
V
'»
*
35%
35%
36;
200
1,300
139%
HIGH SALE PRICES
Thursday
WednesdayAug. 25
'Aug. 24
.
•
62%
*34
.Tuesday.
Aug. 23
190
42
*60'A
13 •
36 <
-
*137
Monday
a;
*41%
62%
22
35%
n«
>,
42 ;
34 Va
127/a;
30%
♦30
-
203
10
62
*34.,
13%
13 Vb
22
22
*30 >•■>■■ 31.
500
88
*60'A
12%-13
13%*
13,
par
par *
par
;t
.
86%
*60 Vz
34%
-
6,600
■
.
97
88%
62;
41%
42
10
.
10
60Va,
62 Vz
*60'A
35
1
s
'
.
.
*80Vz
<
,
200
-
10,300
137
59%
*95
10 i
*37
62
42
13'A
12%
-
i-o'
lOYa"
88%
*41%
62
*34%
•„
par
*9%
*9%;
83%
*60
LOW AND
NEW YORK* STOCK
'.•■—EXCHANGE'
Highest
95%
62
42
1
;
—
95
42
*60%
50e
commonj.
95
'
25
—
Telep & Teleg—No
95
62
4
31%
♦136
,
2,100
84%
,
31%;
.
137
59%
90
2.9 Vz
♦3%
59%
10%
*9%
*32/
270
2.500
7
23%
313/s
7,600
;
163
>7
r
59%
♦GO
29%
29%
162%
4
2,000
149%
149%
58% ;
*88%
:
,
.
1,700
96
*94-
10%
-
14%
84%'
*136
<
14%
58%
57%
'i- 97
♦89
•.
—
;137
l.lLO
29'A
31
31%-
307/a
137
137
137
59 Vz
2Jh
/ 7Va
*3%
3%
40
2%
29%
*82
85
3%
600
97 Va
97
163
,
29'A
30;
1,700
8
19
*13
-
150
7
31
30%
v
136;-
57%
$4-preferred
No par
Int'l Rys of Cent Amer com„No
par
5% preferred
x.—100
International Salt
31%;
30%
1
100
Co com.i—15
Paper
14%
"
♦82
4,500
14%
29%
7
3%
3%
4
*3%
20%
20 Va
2J/z
V24
148-
7
85
1
2
163
29%
1,90 J
*7%
19
163 Vz
29
•
30
44
69 :
29%
7
23
*1.1%
163%
163
162%
155
"43%;
■
*97%
500
*150 %
•
o;
*7%
,
200
700
63%
69%
70:
20.%
•
-
12%
46'A
46
150%
44
29%
29%
7
preferred
1,500
20
149%
143/
>
>
70-
*14% ; 14%
14%.
143
30
International Mining Corp—1
23%-
*11 Va
43%-.
2»/z
2%
2%
29
7 '
23%
23%"
1506/2
18%
18%
*97% ,9V.
93%
14%
8
*7%
7%
18%
;
com—5
Chemical
70
70
150% 150%
.44% f 44%
20
19%
29%
163 i,
1.800
11%
20
143:
•
29%
4 900
10'A
45%
2% li\
14%
146
145%
26%
10 Va
11%
44%
360
26
10%-
45.
150%
2j0
<
26%
■'
12
.98%
2%
;
46%
70
18,
-99
23%
33%
39%-
*46-
V7%
7%'
26%
*10
33%
33%
33%
39 V
*11%
70 V
19%
2%
preferred
—100
Int'l Hydro-Electric S.vs class A__25
Jewel
Sep
■
Jfo par
48
39% Feb
34% July
♦97%
92% Jan 30
Jan
112
•18%
29%
International
500
39%
44',,/
11%
'20%
7%
5
common——No par
Int'l Nickel
?:
1,800
33%
33%:
12
150%
45--
2OV4
1
1—-100
preferredIntercontinental Rubber
63%
■
20
com—1.
May 15
Oct
Sep
Corp
V2 %
International
300
46%
46%
153
44%
Jaeger Machine Co common—No4>ar
Jersey Cent Pwr & Lt 4% pfd_^100
46%
Dec
69%
Copper
Insuranshares Ctfs, Inc__—
4%
12%
36%
23%
23%
46%
•150V4
No par
Consol
Minerals &
3%
12%
;
3%
12%
39%
♦11%
12
12
X4S%
-No par
Co—!
Jacobs
104%
Dec
V4
.
♦95
97%
——100
common
preferred—
Int'l
5,000
14 Va
*85'A
23%
7%
1,400
17%
14 Va
3Vz
14 %
.
86%
23%
Harvester
44 'A v
17 Va
*85
10%
4
*9%
44
17%
14%
87
33%
2G%
Inspiration
10'A
10%
43%
3%
•;
13
38%
10%
6%
600
1,600
*85%
39%
26%
Ingersoll-Rand
-
200
J
4Vz
»■
87
38%
•85
10%
May 27
23% Jun 14
125%
.98
33%
/
40 'A *»
4 Va
-
•
12%
3%
3 3/a
*12%
26%
10
Jun
145
3%
13 >'
3%
10%
Co
0
?
108% Dec
24%
10
17%
*
*14%- 14%
14%
26%
$ per share
6% Aug 11
19% Jan
53 *.
Dec
300
share
•
:
Sales
Friday
far
the Week
Aug. 27
$ per
$ per share
$ per share
■
H
Aug. 26
Shares
share
"
Feb
24% July
104% Feb
'
.
'•
common__No par
Range since Jan. 1
Lowest
$ per share
-
43%
17 Vb
33%
33
86
STOCKS
"M/
Highest
300
20%
40
,
4%
*10 '
43%
17 '
4 V2'
•
10%
43 Vz
*33%
Range for Previous
Lowest
*10V4"
17%
33%
Int'l
3% Mar 16
59%
137
Dec
8
174% Jun'll
24% Mar 16
135Jan
2
104
46%
Feb
Jan
10%
97%
Power
4%
43%
13 '
7
33%
4
*95
Interlake Iron 1———No par
Int'l Business Machine.—-_No par
11
25% Dec
130% July
38% May
40^
4%*'
33%
154% Jun* 14
11
5% Feb
*39%
14%'
3%
38%
85
—a—100
x34% Jun
161% Mar 31
10%
Dec
>39%': 39%
4%
Illinois Terminal RR Co——a—5
3
3% May 1$
16% May 24
Aug 11
May
22 % May
3% Dec
Jun
Jun 25
103
11
125% Feb
6
40%
'
Interchemical.
95% Apr 22
Jun
20%
34
23% May 15
Mar
186%
•19%
33%
11
108
28
33;;/
•19%
20%
*.1000
4%__
Inland Steel
Dec
Dec
33 V2
'17%
j
13%
'32%
A_109
ser
ctfs series A:
Aug 25
18
33%
33
33 Va
32%
*95
46% July 14
21% May 27
8% May 24
100%
163
lines
RR stock
76% Jun 11
34% Mar 10
15% July
Leased
pfd
conv
Indianapolis Power & Light^._No par
8%.Feb
60J
3,200
43 Vz
43%
*19%
4%
• 14%
•
3%r.
Industrla Electrlca De Mex, S A—
Industrial Rayon——L.——a——1
Dec
9% May
non-cum
9
33
.
6%
15% Jan 28
169
12% May
6% Sep
87
43 Vz
v
'
56 ■>_
Feb'10
•
30%
*85 Vz
43%
43%
17%
•13
j—20
.
11% July 27
66
*30%
33%
*10 '
1144- V.
-
17%-
Co„_No par
39)
150
*36%
30%
20 V
40
40%
43%
Illinois Central RR Co common—100
Hussman
"
x21
200
1,100
36'A
30%
*85 Vz
43%
43
31%
*30%;
14%
37%
32%
v
4%!;': -4y2
.;.j
I
39% Aug
32% Dec
Mtf
/
'•13%
'
'19%
.
20
*40
-
.
—
14% Jun 16
30
34%
2,700
2,500
'
12% July 19
.
33%
t.
100
13% v
23%
34% ."34Vz
27,
87
'36%
37%'
*36%
27%
*84
39%
'
'•12%
-
'
♦30%
3
5
3;
30%
13%) 13%
31
5
20
,.
30%
13%
,
500
34%
85
100
9% Apr
Feb
34%
85
'
14% Mar 17
7%
13%
26'A
34%
13%
500
26
26
31%
34%
*30%
14 V,
-
17 %
:
*12%;
"*30%
Hudson & Manhattan common
34% Jan
3% May
34%
31%
14
26
32
17%
v'
12534
V*36%
How©)Sound Co
Oct
Jan
34%
14
200
32
17
1
400
2.700
10% >10%
32
25%
25%
*30»/2
35
31
14
'
25
50
6
Feb
30'
34%
31
5
100
9
.
21%
15% May
t
26%,
>
200
81
•77"
V
10%
26
12% *127/»
.13%
25 '
*12%
13%
25
23%
17
i26 vv
261.
25%
21%
23%
32
33V
*31%
•16% .18*
No par
com
Howard Stores Corp
43%
13% Mar
preferred-™:™'
preferred
7
May
7% May
'
Com——No par
Finance
10%
♦21%
81
,
140
•-••V-v
18% Aug 11
Feb
eonv
r__10
„
Houston Light & Power
Houston Oil of Texas v t
22
38% Jun
J.l
Jun
12% May
33
*
10%
♦31
26%
122
121 Va
23%
*77' y
10%
10%
70
123
;
21%
21%
•23
■«'81S
10%
10%
♦31
Jun
14
*77
81
*77
♦17%
48
Aug 20
81'
♦77
17%
25
85
;
:23%
32
Jan-
13% May
•'*
i'21%
23%
17
30
*
*21 Va
23%
120
119
120 >/a
1
The
May1
17
■
21%
23%
'
'
——5
35%
;
120%.
x21%
23%
120
Paper Coj—L—10
E)
Hollander &•
17
38
30% JUn1
120%
21%
23%
■V
1,100
51
:
*26%
27
122
"
>*21%
*
♦so
•125%
125»A
•26%
►120%
:27 V
*26%
27
*26
125 %
'125% 126
125%
125%
27
50%
800
15%
15 y*
15%
50'A
'
51
51 r
52
*15%
16%
,15%
16%
16%
*51
125%
;,t*26
1
Cor pi—
52%
'lt$ 125%
5
—:
Corp
16%
52
cum, preferred————100
Hotels
JUtt'
29% May 20
Aug|-ll
16%
prefererice—__—No par
Chemical
25% Jan'
43% Aug lp
31% Jan
21% May
37
*conv'
H6yden
25
14% J an*
Motors—*—:—.—No par
Powder common-*—No par
Hewitt-Robins
2
86% Jun
19
Mar' 1
28'
X29% NOV
22% Apr '
10% Apr
$4
28% May 20
'79% Mar 22
14%
Jun
July 27
27% Jan
9
.
5% preferred
•—
:—,.100
H4rshey Chocolate com..:.—.-No par
10
4
18% Mar
10%
Hercules
-
128% Febv 3
171
Mar 22
21
Hercules
8
57% Apr
21
26% Aug
Sep
29%
Feb
114
Jan
134
10
Mar \ 9
'
Feb
11
113% Jun-
19
9
33% Jun' 10
106-
May 21
158: ■ Jun 11
37% July 14
Jan >29
Tea
Co
6
11
7%
.
CLOSED
com——No par
Inc
preferred—190
J»94-,
'>
3%%. cumulative
f
Johns Manville Corp com—.tNo par
3 % % >
7%
preferred-
•
*104
Johnson -& Johnson commonji__12%
4% 2nd preferred' series- Aui—100
Joy
Manufacturing Co.—
; 281
07-
28%.
*45Va
V
-
46%
27 •( *
♦101%
*155 V
160 ;
34%V 34%*88 ' V 89 :
45 Va
x35%
27*';
160 v
357/a
•26%
*
•155
,
160'
34%
•
34%
34%
88%
88 %
•88
88%
35%
36%
x35Va
35%
35%
80
/
500
10
96
4,200
36
35%
107%:
•
26%
101%
200
46 >.;■<
▼104
27 Vz
101%
82%
*94
96-
♦104./ 107 Vz
102%
:■ :
82%
V
1,200
.
22
*21%
45%
82%
♦94 ,*,
,
28
.-*■
.
45:
7%:
7%
7Va
22
82 Vz
,
36%: 36%
*104
107%
102%
V7. '•
*21%
VC
*1551,
v
.
:
•
95
95
36% ..'36.36%
■
83
■»
107%
*27
35%t
89
36
96-
-
*101%
•
160 V
>88
.
*94<t
,*104
101%
34%
.
22
82%
36% k/, : 36^ vJ36%^
1
'*155
.
*21%
46%
*45
,
-
107%
101%
1
.
46%
7'A'
*7
>
22
82%-. 82%
83-
36%;
100
—s
' 7%
*7
*21%
22
22
-
Joliet & .Chicago RR stampech.
100
Jones 6c Laughlin Steel com_-JNo pa."
.••5% preferred series A_
L-—100
1
STOCK
EXCHANGE
•82%
*45
93 % Apr-16
,
■
„1
43% Jun
29% Mar 16
31% Feb
May 28
May 11
42% Jun
.
10
83 % Feb
99
(F IJ Co—
102%
•
1,000
27%
*101%
■; y
-
:■>
■*155 r/' 160
35%
/35%
40
'
;"88%:y.;v
*88
4,400
100
.
35%
35%
2,900
K
14
94
Jun
22% Feb
Dec
108%'Mar
14
90
Feb 11
21
May 20
%"■■■/-■
Feb*17
5
98
Kalamazoo Stove & Furniture
Kansas
City Powef
10
May
47% May
13% May
29%
Dec
11
58 %
July
48% Mar 12
60% Jun- 22
Nov
14% Mar* 17
181
■20% May
13% Jan
Mfty 22
Kayser (Julius) & CO.'
26%
Feb
20% Feb
> 26 %
July 13
Kelsey Hayes Wheel conv'1 class A—1
22% July 12
Class B L^
4
;
1
Kennecott .Copper—LNo par
Kern County Land Co—a—
5
>16
'
•15%.
41 %
18
1
21%
Oct
52%
May
Jan
23% Feb
17
13
:t
60
45
39
Apr
>
49%
Feb
non-cum
Jun
1
A 51
36
Feb
13
46
Juu' 18
Apr
20
Aug 18
preferred
103
27%
Feb
19
Feb
11
Feb
92% Feb
21
Dec
116%
11% May
20 »:
Feb
11 % Feb1'19
65%
85
Jan
63
24'
Jun
25
May
90
Dec
34
Jan
45
Jun
40%
Apr
38%' Oct
102 %
40
Aug
Oct
-Maf
29% Feb
32
Feb
11
13
59
Feb
45% Feb
16
52%
Oct
41
13
For footnotes see
page 26.
Feb
104% July 14
14 % Jun ■' 2
8
90% Aug 16
May 24
;
Keystone Steel & Wire Co—No
75
Jan
2
Kimberly-Clark
4%
conv
Corp com
2nd preferred
Kinney (O R) Co
5
v'v;1.16':
36% May 27
95% July 15
Koppers Cd Inc
Kresge
•
3
?' 58% July 8
47% May 18
com.„on_
Kress
(8
Kroger Co
S) Co
H)
&
Co
(The)
-
.
.24%
.
16 i,-
.16
16%
♦15%
16 »A
♦15%
*89:
02 V
*89
92 I
*89'
300
16
92
10
92
42^,
41%;
55%.
55%
16XA
16%
10 Vs,
16%
>15%
24% i
24%
24 Va
25
♦55%
19'
19%
59'A
451/2
451/4.
45V4
45%
45%'
45%
45%
►45
22
99
99
217/s
♦12'A
13%
♦65%
67
10
33%:
No par
1
•
.
...
V
35%
53
S
*43%
53
.•
44%,
■
65%
34%:
♦921/z
.
..':.13-:,
65%'
33%
92%;
35'A
-
•96%
13 V./;
65%
34-
92
:
98
♦12'A
* :
21%
22
97
1
-—10
.42
15%
25 i
56%
56
16%
1,900.
42
ww
58
<
*700
15%
1.600
25
1,800
19%
I
19%;
20
■2,400
59%
59 %
60
20.900
45 »A
59%
25'A
19 y«
45%
44%
45%"
45%
44%
44'A
800
22 Va
22%
22%
1,600
98%
*96 %
14
►12%:
12%
6T
►66
67
.
x44%
1.300
'.v-v
22
ser—100
v
41%
59 Va
19 i
19%
45'A
45
,
♦56-
58%
/ 59
41%
E
58
40'%
457/a
par
No par
41%
41 %t
;,v>f:i9%^'l9%U
100
:
"89
"'f .1 58%:: 59%
.'No par
Cumulative preferred 4%
(S
-
24%
:
16%-=:
*23%
No par
commoni——
$5 prior preferred.
39% Jun
.
; ;
^
;
U5%; 55%
—100
*.
;•,
21% Dec
16 /
.92 ;
:
41- V .42%:.-
♦89
.
'
20
Feb-10
42% Feb
preferred a—
*
100
Kansas City Southern.conu_:.No par
4%
■
Lb Ctf—
3.8%
May 11
V 46% July 13
34 Va
*92%
93
35%
53V2
98
*96 Va
137
*
6 51/2
♦65 Vz
34%
93
12 Vz
33%
♦92 %
v
34
34
93 *
•
V
.
34 Va
93
80
% 100
•>.:
40
<
1,200
/>.■
70
36%
1,500
53
*52%
53*4
v.: 1,100
43%
*43%
44%
36 %
36%
53
53
52 Va
44
43%
>
*92%
/
98 Vz
36'A
36%
44
53%;
44%
21%
35%
35%'
*43%
22
;
200
COMMERCIAL & FINANCIAL
THE
Number 4729
168
Volume
NEW
Range for Previous
Range since Jan. 1
'•>!,
Highest-.
Year 1947'
-
Lowest
t per
Highest
^
$ per
share
'/**
.
I per share
20%
10
share *
49-/2
Feb
4% Feb
"14
Jau
7% Aug 25
44
Jan
14%
Feb
56
18 % Aug
11
6% May 13
12
9% Mar 12
Feb
-
47% Jan
Apr
24
12
Laclede
Mar 24
14 Ve
27
5
25% Aug 12
Lambert
Lane
May 15
35
Mar 19
18
Bee
Feb
23
Feb
28
Lees
95% Jan
31
16
10
Feb
11
30% Mar
13% May 22
37 % Jan
9
9 Va
May
12 Ve
Feb
30-/2
Jun
44%
Jan; *
8%
4-/2 May
■*'
•L
Mav
4% Mar 16
Feb ?
3-/4
Fpb
:
14-/3 May
.25%
Feb
Jun
9%
,
19% M a~r~30
.
5% Jan
50%
24
&
11.'"
Tire
James)
&
Jan
19
25
56
?
May 20
Shares
Li, 19-/4
19-/4
5%.
_
7-A
*7
7-/8 -V
19»/4
5% >-
5%
5%
/■. 5%
7 Ve
•7-/2"//
♦ll-A
12-/4
*11-/4
12-/8
*11-/8
12
*45
47%
*45
47%
♦45
47%
25% /
*25-/4
26-/2
*25%
26%
•38%
39.
39
*24
24%
:
i,,.I'vZv
■LVv/iZ
83/a
.,1
8%
10
9%
36%
6-%
25%
25%
8-/2
*8-/4
48%
10
9%"
10
1,100
2,400
3%
8,200
63
♦41
,
25%
25%
1,900
8-/2
25%
9
■',
6%
3%
4
63
'
36%
6-A
6%v"
3%
*41
48%
48%,
48
10
36-A
8-/2
8-/2
2,700
12
6%.
63
25
"
.
10
'■ 12
12-A
4 ',
3%
*41
800
97
12%
.
24%
24%
*95
97
36 Ve
;
,
36% /
*
6%
>
24%
.
48%
48
5
.
,
36
63
24%
24%
8 Ve
'i.''*.;*' '/
♦95
200
200
39
♦38-/2
24%
24%
...
.
'
"•12-/4
12
3%
*41
96
V •'/.
6%
C/ 3%
63
24%
No par
v
,:
*6-/2
3%
3%,
No par
Lehman Corp (The)
Lehn 81 Fink Prod Corp
6%
6%
♦41
24%
96 :■.,
•
f
36
*35%
39
24%
1
12-A,;.
; 7 12Ve
12%
v
*38%
L;,
96%
♦95
96%
36% :
1
50
pfd..
25%
25-/2'- 25%
♦38%
24%/',;/
35%
600
19%
19-/4
11%//;'
39%
12
50
„
3,500
7Ve———300
♦7
',
19'A
47
V,
26
♦95.,.-
100
preferred
2nd
Sales for
the Week
$ per shara
19%
*38%
1st preferred
$3 non-cum
Friday
Aug. 27
•
$ per share
*45-
;
11%
Z 24%
com^;-/l3 ."
cumulative preferred
50c non-cum
May 15
12
•
10%.May 12
24
*
;
'
:"
/,'
5%
,
•25..
_5
,
Sons Co
Lehigh Valley RR
Lehigh Valley Coal com._i
26%July" 12
'
41% Feb
Feb *
10%
1
Lehigh. Coal is Navigation Co-.„-.10
Lehigh. Portland Cement*—,.—25
8% Jun 24
4%. July 12
9 Ve Feb
38-/s May
Dec
Z
2
Thnreday
Aug. 26
••
/"I per share
•
♦19
*11-/4
47
*45
5%
♦7%
LL:;
19
,
11%
k
50
Non-cumulative
Feb
5%
1% Jan
Rubber
3.85%
:
35% Mar
35% Mar
9
7%
7%
19
CLOSED
par
;Z/L
5% ' *
5%
■
/
EXCHANGE
No par
common
preferred
■
Feb
Apr
per share
mm
Lane-Weite Co'
56%
101
9 per share
Wednesday
Aug. 25 -
Tueeday
Aug. 24
share?';-;«
t per
fSTOCK
Light Co____
%
pfd
75 Pesos Mex
Bryant
21
HIQH BALK PRICES
AND
LOW
Aug. 23
'
30-A
Dec
Par
6%
Co
4% %
May
95 ;
Gas
La Consolld
■
53% May 17
231a May
6
.
:
Monday
Aug.SO* \
*
(857)
RECORD
•
Saturday
.
:p:.
21-/4 May
38 e
'
STOCK
wmi
LL:;"L:7:'.'
Jun
YORK
V\-
*
-
■
vV; ,r-".'VV'
May
STOCK
nr
'0py::EXCHANGED t'$
S per share
-
Dec
9
NEW
Lowest.
Dec
4% May
YORK
STOCKS
LL..L;.
CHRONICLE
8%
900
2,700
4
48,
49
48%
49-/2
*9%
10
•9%
9%
300
25 %
25%
25'A
25-A
3,400
*51%
52%
'
Feb
16% Feb
Feb i
46
20
26% Jun
Mar 18
Feb
13
56% Jun
;
Lerner Stores Corp
14
1
No par
Libbey Owens Ford Glass.:
10%. Ape 12
/Libby McNeill
&
Life Savers' Corp,'
91
8
Liggett & Myers Tobacco coho_*—25
Jan
174%.Mar 30
7%
Lii
.;Ll:.,.ZLl
preferred
/v,y
*89-/2
90%
167%
167%
♦40-/8
100
9%
.
t ^7'
37%.
737 Ve
42-A
/
/
9%
'
x
88%
88-/2
90
89
168%
Lily Tulip Cup Corp
Jun
Lima-Hamilton; cerp
Link Belt Ca
10
May 24
•zu v« reD
55 % Jun
1 i
17% Aug
19
78
% Jan
Jun
85
Aug 11
:
11
Lion
.
23% Jani 9
.
24% Jun
2
par*
3%%
Loew's' Inc
No 'pet*
com
preferred.,
conv
Lockheed Aircraft'
11
100
Corp..£wI„_-.J.»«l-.V
57% Feb
28
20'A May 21
68% Jun
4
% Feb
27
30% July 15
Lone Star Cement Corp;
Long Bell Lumber A-
Feb
19
21 % July 29
Lorillard
15% Feb
18
141 *
27
Jan
6
% Feb
Jun
158
11
■'
22
.Feb
20
JU
24% Jan
19% Mar 17
36
Jan
27
132
Jun
23
103% Jun
11
Trucks
Inc
;
i-r
':vi
?
-
Apr
23
4
Mar
•
8%- Mar
20% Feb
5% Feb
16
13% Jun
17,
26
10
Mandel
v'"'
"•
28
Jan
.-Manhattan
7
Marine
May 20 S
8
Market StfRy
Marshall Field & Qo
4%%' preferred—
103% Jun
9
22% Apr
19% Jan
16
16
69% July
9
Martin
27 V!» Feb
11
.lulu
Jan
Mathiefeon
May
93
Jun
Jun
Jan
85
Aug 11
13 ;
/ $3
9
41% Jan
.
12
^
;
V
■
„
?36>/4
;
;
STOCKS
V
<
,
Range since Jan. 1
IV
.
J
share '■>•' t per share
ver
24
Dec
33
Mar
24
25
Feb
11
Feb
88
Jan
5
Dec
Oct'1
32 4
May
46
Feb
45%
*
Feb £
23% Mar 17
56%
Feb
45
Jan
105%
'
25%
Feb
31%
16Ve May-
88%
Jun
40%
Dec
23%
105%
31
;
:
■
♦77%
::27%V 28%
.
LOW
5
98% Jun
11
24% Jun
24% Jan
12
Oct;,
16% Feb
80% Mar 24
96% Jun
36 % Feb <27
Feb
„
27
>
23 %
25
25%
Jan
20% Feb
16
May
24%
Jan
14%'Feb
11
Feb
52'/a Feb
10
62% May 15
18% Jun 24
19% 3RR /
13% Majr
12%. Jan
28
50% May
119% July 16
"43%
65%
Jan
44% Feb
'Jan
103'/a Mar
1(3
17% Feb
May
Dec
83
8
63% July 13
13
88
11
95% Jun
j
23
Fen
11
38 %i Feb
11
19% May 27
69% May
7
18 % Mar
•
"
Dec
156
136% Jun
Mar
.
35
45% Nov
29% May
13
Mar 16
,48
129% Feb
11
140
12% Feb
y
27
16
9% Mar 17
14
Jun
Jun
10% May
15%
Nov
6% May
14%
Feb
47 % May
66%
Jan V
43% July 19'
56% Apr
Dec
114%
Feb
88
98
-
84%
51%
Apr
70%
99
Dec
102%
•
7'-
;
Dec V
.July 21
54% Mar 11
Dec
99
15.: Dec
May
"Jan
104
1
123
56%
28% Mar
%■#. 8
J
Oct
jJan
Oct»
10% Mar 16
42% Feb
11
Feb
Feb
25%
Feb;/
13% Feb
Jan~'
.-•I 3
13%
May
8
23%
63%
49 % May
110% May
>
Feb
Feb
9
Feb
128%
i
Feb
.*
49% Feb
10
49
May
64%
Feb
<15 %
Dec
17 Va
Dec
24
13
23
May
27%
Dec
14%
Nov- ?
11%. Jan
Oct :
20% Jan
22
;
24
6
May 15
65
May 21
17% May 15
27
23
27-/4
3
61% May 17
122
Mar 17
9% May
Jan
112% Apr 5' 6
47% Mar 16
-
14
July 13
29% July
11
.Feb
17
July 14
15% Jun
24% Mar 11
102
May 17
44
11
105% Mar. 17
3
34
'
Feb
32
Sep
4
21
9% July 13
34% Mar 17
-
May
'73% Jun
11
51%
*
17
; 18% July 13
121
10
11% May
32% May
vf 3% May
,
78
15
May 10
July 13
105% Jun
2
111% Mar 11
May
19% May
17% May
114% May
102%
10
Apr
May
27%
25
27%
Feb
Mar 17
Mar
Oct :
107% Mar.
15%
Nov
19% Mar 17
16
19
11% Feb
For footnotes see page 26.
Feb
19
.Mar 17
100% Mar 31
16
Merch
Merck
1
&
Min
& Co
$3.50 turn:
—
Jan
18% July
23
24
109
87#
cum
St
Minn
P &
:
vtc_„No par
A
Moline
Minn
Power
$6.50i preferredCorp—i
,
.
Mo-Kan-Texas
77#
:
RR
Mojud
Hosiery
Monarch
$3.25
Machine Tool
preferred
preferred
$4
Montgomery
Ward
(John) & Co
l'nc<—
Products
9
Mueller
6
Mullins Mfg.
Brass
No par
£
1
;
Co
Corp
preferred—
Munsingwear Inc
No par
___3
..No pai*
./iv
v
<
—
<48
17
10
*95/s,
•
:>
.16%
17%
..
-
.
54
52%
*107
/ 54%
; y •
:
,
14%
♦24%
.
25
:
15%
27%<
.
19% •19%
-// 19
29%
Li ".
/
—No par
—5 - ^
^
106
*12
19
30%107
12-/2';
27%
L
•
"
43
3,200
54%
42%
;V"L
14-/»
*14 :"
•11%
48%
11%
48%
48%
92 v,
*90%
917/a
/
♦66%
68
♦100%
*
11%
49-/2
92;. '•■
' '■
:
14 y4
*11%
101
•66%
♦100%
/.-T7
.-'
68
1
101
i
17
,
;
29%
40-/4
41%
41-A
13%
13%
xl3%
♦24-/2
26%
;m*25
53%
54
4,800
5,100
77/e
;
,
27
:
Z
10,600
30 Ve
29%
41'A
:
;
53%
1,500
-
♦108%
113*
•106%
55
54%
56
15-A
14%
♦24%
'
*27
19%
20
18%
19
18%
"
12
<
30
107%
12 "/
/rv
7,400
14%
15
24%
15-A
•24%
3,100
24%
16-/2
f
>
L
2,500
'
16%
16%
27-/4
27
27
20
16-A
27
29%
800
U-.—
108
54%
19%
107%
••
3,000
54%
108
27
29%
26 %
110
•
;
13%
•IO8-/2
24%
16-A >16-/8
'"
■,•
.
•106'/2
r\
60
'-«/
'
7%
108
40
5,200
120
7%
30%
110
40
,
700
7%
53-A £•' 54
30
3,000
500
2,700
;L:"
,
17-A
16%
•119
120
•118
13%
15
1,300
;
137-/2
*135
137%
1,000
17.''
:
54 V*
.
13%
>
'.40-/4
♦24%
19%
12
•-
7%
*13
108%
29%
12
'
19%
*19
•107
16%
.
X
42%
58-A
54% V 55%
15 '
V
17
54
57%
•106%
16%
*19%
400
220
57%
♦107
24%
Ve
♦27 V
:
'•
55
•16
16%
27%
V
53%
14%
•24
4
97%
56 Ve
•25
108
.
42
97-%
•41-A
•
-
/,; 109'-
54»/b
400
56'/*
29% / 30%
x40
400
iyV
-
I
♦135
120 %
;
200
22%
22%
42
53%
101 "•■■>,<•.
800
',,
•
90
97
1
mm
:
61-/4
6i y»
:
800
M^
m
"
•88*
23%
;/ *41-/2
16% /17%
26%
55%;/'
15%/
89%
■;
.
68' >
1^9
.13%
52%
: 9%
-61%
97
48%
Z
101
-,
9%
*16%
♦67
39%
♦106%
; 10
*41'/a
♦89-/2 C90%
39%
•107
*9%
.*22%
48-A
-
7% /: 7%
29% : 30-A
/
//'
17
61%
11%.
.7%
108
♦16%
/
137A
*24%
/ 110
•106%
16%
;
42%
♦11%
■
'
,
16%
1,700
16-/2
55-/a
*87%
13%
55%
27
30
500
;
*53%
1
68/:/:
-
38
23 y4
23-/4
*
136
55%
13%-
"i
300
400
"
<
•
55 >%
'
1?
136
•
13%
*13%
91
38-/2
36%
1,000
;V
r 19
18%
23-A
•54'A
M
38-/2;
*25
91
•
16%
23
/
38%
•
92
:
.
23%
62
♦41% v .42 y»-
16% .■/.
16%
53%
7%
:/:■/' 7%
19
18%
*
98
54
/'
*120% .{•122'
121
55%
200
•53'A
90
♦16%
i
■
101-
100
800
22%
22Ts
18%
'
90%
/
♦99%
101
29% -30'A
—
common..—il
67%
,
.i
20
16'A
23
48%
-
♦89%
*
48-/2
32%
32%
23'A
*91
55J/a
97
11%
■
48
<
,
90%,
'
,
.A
b—
.>
•120
-
5
^
Cbrp
Wheel. Corp
Jun
•
■
B__.—No par1
& Co
Lines
11%
400-
90
*47%
*22'/a
1
23 %
*41%.
13%
13%
11%
X101
^
136
so
100
4-
27-A
•88*
36%
*87.y»
40%
40%
27
;
;;
38%,
27'A
48%
36%
*6!
23%,.
♦134%
X68-A / 69%
.
.i_5
com
,
i
.
54% '.-55.-.:.
136
■LL '■;
32%
is y*
91
♦16 Va
•
-
17
800
:
98
'
10
f
Shares
„
.
33-/4
98
32%
"18%
23
SO
*16%
m
41%-
56
;./'90%
series. A—No pir
series
Moore-McCormack
Motor
y
j
—
Inc
Co
Monsanto Chemical Co
$7
!—100
20
__._1.25
—No pal*
23y«
16%
61%
23 Va
m vm
54
No^ar
com;
Carpet Mills.
•9%-
the Week
32%
♦37%
♦47%
♦53'A
;
42
X48
A
,
preferred series A
Mohawk
,,
Sales far
Friday
•
98
:u-/s
.
Imp!''com—>—V
—L—^»No •par.'..-";.'':
•Mission
*26%'
<
36'A
*87%
13-A ,13%
'///'-'v";
i .V'
;
•'
91
:
*61
:
f
42
;
27%
Aug. 27
*18%
,*22%:
i
16
97%
136
111%
J pershere
92Ve* 92y«
23%,
42%
40
■
Minn-Honeywell Regul com..
.—3 |
3.20% cony 'pfd seriesj.A^*—<—ICO--- v2<v >:
Minn Min & Mfg^.
—No par
$4 preferred
No par -y.'
Motorola
10
86 M
,
,
40;v
,
..
27%
32%
32%
:
y.
♦39%
♦110
Aug. 26
32%
is y4
10
,
pair
;
AOfb:■
79%
40%
111%
.
'
23%
23%
-
10
*77-A V 79 Va Li,
/ll ■;//
11
Thursday
48
*47%
32%
♦53%; 55%
/• 16
%; 16%
"
99'
*55
/
9 per share
'
10
17
•
900
88%
89%
*88
27%
27%
32 Ve
27 V*
'
>
J8%
42%
.
"
Ryy—i-No'pair
Minneap & St Louis
/
: 61%
91
42%
88%
11
♦110
28( //
172%/
42%
89%
10%
.
.1,700
1,100
•169
Z
89%
98
98%
ft>y ••
—L—10
1st pfd—,.—-—
Motor
14% Jun
—————f
*88
l
38%
♦90%, 91,
35
38%
16%
,23%
»-
*88
800
21%
,.37%
,
37...
42% ,43%
•97
t
18%
18%;
•60%
Nop$r
5
'
;
91-<
*9%
.
•;
•169
"
62
21%
/37 4/
172%
*37%
92% v/
22%. 22%;
*18%' 19>4/
*89
,
22%
*87%
Midland Steel Prod com—..—No
2
Aug 27
Scott
Mld-Contihent' Petroleum
May 27
"33% July
;
Inc
preferred——^.No pur
&
93
*16%
Transp Co—^^No par.
commonI—
1
37
62%
61%
21%
61%
21%:
,
PRICES
32 Ve
27%
18
16
•53%V, 55%
.
Co
Miami Copper
9
29% May 27
/
2,500
-
f per shara
48
32%
•36% ' 39>4
23%
24
1—1
_50
Metropolitan^ Edison 3^0^. pid-100-
Morrell
'
17
Mercantile, Stores
Merrltt-Chapman
104% May 25
48%
preferred
Mesta Machine Co
6
Apr
1st
15
Mar 10
Feb
-
(TheF common
conv
30
36
94
12% May
5%
2,600
15%
98
32%
:
14%
15%
38%
27 Ve
*87%
91
10
14%
89J/a
-
987/e
15%
89 % /
110
y4
14%
♦97
X27%
♦18
—No par
—
Mengel. Co
27% Jun
m&n
111% Aug
33
-
Melville
.
I—'
2nd
47«
44% Jun
35% May
97%. Dec
.
r
common
1,700
*37%
47%
19, 19
^>
pfd (1st - series)
—10Rpfd (2nd series)/——50 '
Shoe Corp„. —r
1
4*/*%
j-ej
19% May 15
73
Corp
"
25%
♦98
37%
28
i22%
j
10'
'.
25
98%
14%
Aug. -lh
.
32%
.
25'A
97%
<
37%
38%
;
-
>
47%
*90
_1 j
Co
.33
32%
CLOSED
.——No par /
Stores
Norris Mfg Co.
'
*97
98 -
*•27 Ve
-STOCK- *>
BXCHANGB
110
24%
Wednesday
\
#(
i per share
♦32 l
32%
♦37%
BALK
RIOI
.'Aug,.28
f per share
♦97
/
:.28^
AND
17-/2
_
Aug. 23
32%
No par
i
preferred—-
Mead
Jan •.2
May
16
Pub Co
Mc-Quay
May 25
8
^
,,_1 :„><
Corp- com
McLellan
;
46% May 28
50
55 Vi May
.
$4
2
Feb
21 '
$ per share i
_«
Mclntyre Porcupine Mines--——8r
McKesson & Robbins Inc com
18
9
Aug 13
r
preferred^.^w.—^100•
copy
McGraw-Hill
.
1
35% May 15
Jan
19
•<
♦17'A
•39%.
"27*/*
...Tuesday;
Mesday
V*
J: '
17%
,*77%:
110
111%
.
7-A
♦39%!' 40%
40%
♦110
28
7»/«
♦77%> :79%
io%;
10%.;
/
10%
v
1,200
6,600
7%
*98
42'/a -
-
4,500
9-/2
y
22% V22%
♦15% ;
172 i/a
*88
,
79%
10%
111%
•110
t
.
McGraw Electric Co——-—I
15
20
.
2V*%
May 15
52% May
23
Stores
McCrory
14
18% Feb
87
Feb
Dec
42% Jan
;
89%
;
.
21'A
9%
22%
17 Ve
15%
/
•10'/8 ■10-/2
*21
9%
7Va /
37% },
•88
10%
,
'
25..
'99 / /
42'A
13%
580
9-/s :/ 9%
9%
22%
21%; 21%
♦169
20
♦19%
♦500
v
9%
7% '
61/> 61
,
/
2*2
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17.'/a
// 37
,
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13%
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22%
j
•
103
■'
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20
580
///' 9'' /:
10%
•
36%
137
,.♦99%
<
12%
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fl%"~
'
103
♦500
,
14'/2,.;i4%
89%
39%
?39%" 39%
,,
m§mC-~
share
101 % Jun
30% Mar 17
Feb /
175/® May
21 Ve
Jan
EXCHANGE
,
36% May 21
36% Mar 12
44
30% May87
4
Dec:
f per
9 per share
33%
107%
May
82
*
Highest
19%
/:
" />
*■_
' 400
'
13%, <13%
580
99
172%
*88
•
Lowest
Highest
*997/8
'•12
*19%
■•
'
7; >. ;
Saturday
;
,
NEW YORK STOCK'
V
.
t
;
•
41% / 41%
*88
36
15%
37 /
♦169
t'-ymm
Range for Previous
Lowest
61%
21%
36.%
36%
172%,
35%
12%
'"25.:
:
"
15%
61%
21%
// 42
f88 / 89 %
\ *88'
89%.
f77 % ' 79%i
, 10%'
10%,
;.
/ ;
No p^r
'
Y*»r 1947
15%
*61%
62 %y
" 21%
_Nopa*
..Nd'pgRrvnH'.;
1st cum preference
McCall. Corp <>
24%, 24%:^
*98
99%
iy'/14%;>; 14%/
/
i
,
35%
35
103
,
4,000
.
20%
/ /■: 35%
34%'.."<
1
/•17
.
;
16
36
20%
22%
/ 17%,
•17
,
,' ,42
—No par.
preferred—
17
,
•169
$6
:
'
36%
*132%
800
-
■.:
21%
20%
/ 21 Va
»9%L 10%
7
7
L
97'%
1
21
37
*ioy»
22%
22Vz
,
29%
*96
21
200
:■■'■:
29%
-
137
,,♦21
9%": 10
1,500
441/2
44-A
97%
:
•20%
24%
,•24
:!..
i;
149
149
20%
♦9%i,
.
151
♦36%
•500
'
v
3,500
;.'L-;: '• 10
;
•132%
Xl9%,
/
10%
*10%
5%,>:
*'
.
5
common
500
20%
•96
*
12%*
•20%
7
■
.
.
28%
/
•lOO'/a
13%.
580 : :/v
9%</• 9%.
x21
Cherijical. Corp.—Nppar
Dept Stores
■
■
/
—*1
-
:
*lZVe
•98./100
—_No "par -f
—No pa* x*
/20%
•509
Li24%/ 25%/
,
12% May 15
21
Jan
v
$3.75 cum pfd 1947 series—Napar"•
$3.40 cum pfd——;
—No pa*
Maytag Co common
No par
18;
43% Jan
112
17i
'
63
20-A
; 20%
♦132%, 137.
•12%i;i2%)iL
19%
19%
10%
;
97-/a
20%
/ ; 20%
34%
35
■ /
•100%; 103. /
22
.
I *
$3.75 preferred—
3-
>
62-A
28%
20%
*23% i 24-A
44%
44%
29%
29%
,
v ;
*36%.,. 37
37
;
::
'
*20'A
.
137
20 %
13%
7
preferre^l—
7%
26
47% Apr 20
*36%.
♦132%
.22%/ 22Va,
;
Master Electric Co
1
176
■'
,
23%
44%
29%' Z'29%
■
'
pfd—'-LlO^-
Co
L)
Masonite- Corp.,
39% July 29
•
«
'
580
97/e
v
com——Notour,■%$.
Martin-Parry Corp
.
27% May 20
nna/,
6%. prior'
(Glenn
37
137 V
*20%.
:•
Midland : Corp.—r#*3S
63
28%
♦149
441/3
♦96
20%
20%
m*,.
5,200
'
%
153
23%,'
,
/" 1TZ
14,800
28%
i
20%
♦150%
97%
*96
21
20'A
i,■/.;■'
24
23%
16%
16%
800
'. "' •'
79
*
20%
28%
29 V*
29%
29%
'
17% Aug 16
.
,
Shirty
29% May 18
-
•
2,500
18-A
*73
23%
16%
■
; 63-/2
i;
44%
/ 44%
9'/»4. '9%';
•10 %-i 10%
4.
>-
I
♦28
24%;
•23%
..
>
.97%
•500
1-^-1
No par
"/
%:*//
63
/ 63
.
153
♦150%
45..-".
•13%
Exploration—
—1,
Marathon Corp—
.L-,^6.29
43%
if 17%
79
;
7'i 22%
/16% >167/a
20%
•19%; 20
Maracaibo Oil
25% May 17
20
Co.
*73
17
20 Ve
•1007/sf 102 /
*12%,: 12%'L
y:;
BrosJ_—
14% Jun 22
18% Mar 18
Feb
Sugar
200
66
42
17%
17%
.■
22'/e,/ 22%
63%
.
10
Manati
/
20 mzdwt
-f35V' 35
,
.
Cojaj RJEt €0—J-'-*--''Vy' '
Mahoning
APr 23
10% May 21'
525
'
r:
i
22
28%
•132%
:
:
i
(The)
Magnavox Co
18
79
63%
•36%
comJL—-*.1®
Magma Copper—.
24% May 20
16% July 6
*17%
28-A
28%
'
.
4,100
•
42%
42%
w—
~
10%
*65%
♦73
28%
•20%
■
/■
17%
64-/4
•96
'
i Macy (It H)
4
65
79 :
'■•''
17%
*44y4
common-__8
65
42%
180
■
"
66
!
1,300
'
:
.
42
♦40 '
10%
21%.
,
T50%..153,-.v/.
*23.%,: 24%,,
:
Co?too com--„^N0p4f
4%%^vpfd sel*l08-•
Madison 8qu*r« Garden'-^—No pir«'
'7':
10%
16%
22%
20% /20 %.///■
160- *{•;>.
42
10%
•
,
„
169
10% ?'■
42%
43%
17%
63-A
-
/||
new
*73
28%
<
.
pfd series A^..—y\
CbL-..L»..wU^1.10
Forbes
,:
16%
/,■
-■
No par
preferred-,.'—
Mack
.
15% Apr 12
25
9% Feb
39% Mar27
5
*16% Feb
6%
17%
79
17%
& Sons ;Inc com..l ^
(M)
cum
Mac Andrews
13-
27% Jun 10
U
12
Feb
4%%
Xukena; Steel
-
2
Feb
142
Aug 23
11%;
Jan
40
v
% Mar 16
98 rtf. Apr
.Lowenstein
8
Electric A
&
Nashville.^
•65
65-A
65-A
.ll 4a
,
44
43%.
•73
.
V
lOOiv
preferred—!—
Gas
35% May 15
98% July 14
11
Mar 17
92
7%
Louisville
Louisville
-
-'commoii-^^x- -if I * Iq£L L.l v
CPl. CO
May 13
50
1
:
"
♦40/ *;
/
■42
v
10%
10%;
10%
400
; <
88%
88-/2
*168
169
1,200
4,20.0
*•'"
38
.
>
.
l_No p&r •/
—No par
V
66
*65
*40
42
*40-/8'
10%;:-:
21%
Nopa^/'*)
__,_
24% May 19
VaMar 16
| <
- Vl'./Z
;/'/■■< V
■ V.
No par
;
Oil
10%
f
O
Liquid Carbonld Corp
14
.'
No par
9%
;!.r *37-/2
89%
v
169
,
52-A
9%
52-A
'
9%
38
88%
>
•168 -/a. 169%
169
'
May 14
9%
♦36-/<?
37
,i 37
;
..
9%
" 9%
t
1 •,
38
.
25
.
51% :-.52 *
52%
52
9%
9%
7
2
52%
X52
No par
Libby
38% Jan
Mar 16
25
24%
24%
25
25
-v
20'A
20%
500
19
19
600
'
19
700
,
31%
6,000
30%
30%
30%
•107-/2
108%
108%
109
370
♦11%
12%
♦11%
12
300
''
COMMERCIAL
THE
(858)
22
Year 1947
S per
t per share
I per share
'40%
Feb
33% Feb
16
45
Dec
112
Jan
107% Jan
2
112
Jun
2
9%
Dec
Feb
11
17
Jan
2
37%
Jan
43
Jun
29-
Jun
50%
Aug. 23
Dec
13
44%
Feb
38
56
Jan
50% Jan 23
May 12
May 15
55% Jan
5
25
1
preferred
Murray Corp of America
•108%
10
preferred
Myers (F E) ft Bros
STOCK
50
com
KXCHANGI
i
$ per share
42
42
109%
42%
I per
/ *41
42%
110
110
13%
13%
13%
13%
13%
•37%
38%
•37%
38 %
•37%
38%
♦37%
53
♦52
54%
*52
Z.
13%
38%
54%
53
54
•52
13%
the Week
Shares
share
1,100
170
42 //
>
111
♦110
110
13%
CLOSED
No par
"i
110
,
14
14
for
Sales
Friday
Aug. 27
Aug. 26
$ per share
■
42%
42%
•109
110
/ Aug. 25
I per share
;
42%
42%
100
common
4%%
4ft
I per share
9 per there
Par
/!'/.;•
Murfehy Co (OC)
;■/
Thursday
Wednesday
Tuesday
Aug. 24
Monday
Aug. 21
$ per share
share
Apr
16%
gatsrday
EXCHANGE
107%
35
LOW AND HIGH SALE PRICES
NEW YORK STOCK
Range since Jan. 1
Highest
Lowest
Highest
Monday, August 30, 1948
RECORD
STOCKS
Range for Previous
Lowest
STOCK
YORK
NEW
CHRONICLE
FINANCIAL
&
1,300
<-
*37%
38%
•52%
54%
100
18
18%
5,000
25%
25%
N
14
:
19%
May
30
16%
21% Jun
Feb
24
27% Aug
4
Feb
14
29
S
Jan
8%
Jan
27
Deo
21%
8% Feb
11
Feb
11% Feb
17
17% Mar 22
Dec
29
34
Jan
168
Feb
10% May 20
13% July 8
16%
9% May
10% May
24
6% Aug 10
14
Dec
Mar 18
Feb
26% Feb
164% Feb
10
Jun
26%
Feb
8% May
13%
Feb
6% Feb
May
43%
Dec
33% Feb
Dec
14%
Jan
Feb
28
Dec
15%
Oct
7%
13
13% May
Mar
6
•
8
5
175% Jun 23
10
20
July
30% Jan
11
33
,ij,
45
20
Jun
34%
187
9
25
May 17
9% May 21
48
Jun 17
9% May 20
7%
Nat
Nat
Feb
10% Mar 18
14% Aug 23
32
National
14% Mar 17
21
17% May
23%
Oct
18
28
22% May 21
*4 30% May
if 14% May
48%
Dec
11
48
25%
Jan
15%
Feb
11
20% Jun
Feb
87
Feb
25
Dec
29% Jan
28
98% May 19
38
Jun 10
Deo
107
25% May
168
Deo
1*136
6%
18%
Deo
if
190 %
Jan
Deo
t
163
1j4% Fen
28
23%
Mar
[:
12% Deo
11
Deo
;
29%
4
7% Feb
2
24% Jun
Jan
Dec
18% Feb
10
85% Feb
Feb
1
Jan
x22
12
10
10
Jan
2
101% July 12
22
17% Feb
33% Jun
;
6ft
Sep
100
20% May
;
7%
7
22
Jan
88
:
7
H Mar 30
12% May
f
;13%
.
14%
No par
25% Jan
5
6
16
25% July
04
Jan
11
30% May 27
Mar 16
15% May 26
Jun 25
2
12% Jan 26
preferred
conv
Co
Lead
preferred a
preferred B
Mai ft
Nat
Natl
Stl
Power
National
Lt
ft
ex-dlat
Corp:
National Sugar Ref Co
137
22%
*6%
7%
7%
10%
10%
10%
10%
7%
1,300
10%
.
5,400
13%
13%
13%
13%
13%
28%
29
28%
28%
17%
17%
17%
17%
17%
19%
19%
19%
19%
19%
7,100
46%
46%
47%
19%
47%
48
1,300
17
4,300
17
17
16%
*94
95
*94 .<•••
31%
31%
*163%
164%
164
*135
136%
137 ;
31%
6%
6%
6%
48
16%
17
95
22
2,900
5,200
'
1,300
55
*94
31%
31%
31%
164
.<
6%
22
22
23
*22%
31%
.
*164
*136%
60
137%
*6%
2,800
164%
137
6%
6%
22%
22%
80
:
1,400
1,000
22
%
%
*95%
12
*95%
96%
%
96%
,
96%
II
%
7/a
5,800
'
: 500
95%
96%
x96%
96 %
23
23
23
23
22%
23
22%
23
*23
23%
21%
21%
21
21%
21%
21%
21
21
20%
21
90
90
91
91
91
*90
91
*90%
91
25%
25%
*25%
25%
25
25%
♦24%
25
25
25%
600
•12%
13%
•12%
13%
12%
12%
12%
12%
12%
12%
,600
r
No par
-
Pa com—If
_10O
—
*90
-
700
4,100
120
Jffopar
10.%
10%
10%
10%
10%
10%
*10%
10%
*10%
10%
-No par
Co
300
'
%
96%
National Tea Co
.—..—It
Natl Vulcanized Fibra CO.
Natomas
1.700
29%
6%
23
46%
163%
163%
(i%
46%
137
165
6%
46%
230
13%
95
138%
-
1,000
28%
16%
16%
31%
20
National Supply (The)
4% ft preferred
,
7
23%
19%
*94
95
7
47%
32
No par
No par
Steel
17%
23
7
165
*17%
29%
18
*47
•163%
....
Cast Co
13%
28%
*137
isa
-....100
Service Corp
1
National Linen
13%
'
.
10%
23
46
7
x7
5,900
29%
164%
7
46%
■
200
30%
30
165
•22
7
45%
12%
40%
40%
40%
30
23%
7
7%
19%
31%
*22
1,400
': > 900
*12%
165
30%
165
165
46
•17%
*94
10
29%
'
10%
17%
16%
■:i
No par
oommon
40%
•40%
10%
291/8
•17 ¥4
12%
•
100
900
11
11
11%
12%
7
19% >19%
46%
47%
•
11%
230
7
7
*40 Ye
7
7%
7
12%
23%
45%
10%
28%
1
No par
—
14.50
Jun
81% Mar 10
28%
7%
10%
Cylinder Gar Co
Dairy Product*
National
11
15% Feb
7%
67%
11%
7
45%
Co.
Nat Enameling & Stamping—No par
National Gypsum Co com,
1
147% Apr
Jan
21% May
9
7%
7
25
*24%
12%
30
•22 %
22%
45%
10
Register.
National Dept Stores
National Distillers Prod
19
Nov
;95
177
Aug 19
6% Aug
Apr
Jan
1%
74% May
f
»
Sep
Jan
8%
Aug|27
Corp
165
•
22%
1
167
Deo
i
36%
37% Feb
165
No par
25
11%
167
♦165
25%
*24%
11%
29%
30
7 r/
40
40
41
29%
100
Container
Natlonal
24% Mar 17
Jan
Feb
•40
18%
25%
25
12%
11%
*12%
City Lines Inc.
Jan
May 21
11%
12%
17%
18
26%
*24%
7%
11%
10
Corp
25
*7
12%
4
common
Share
National Cash
National
2
ft
•7
1
preferred
Bond
18%
f
Automotive Flbrea Ine
National Can
17%
Jun
—1
National Biscuit Co
38
96
26%
Corp
National B*4tery Co
20%
>./
26%
*24%
National Aviation
National
2
13% Jan
410% Aug 24
National Airlines
Deo
14% May
26%
vl:
26%
25%
7%
17%
Corp.
St Louli
26%
18
26%
25%
National Acme Co
Jan
Nash-Kelvina tor
17%
17%
100
1
Nashville Chatt ft
24
Jan
18
20
Feb
May
14% Mar.
Feb
29%
21
;
May
19
11%
12
11
11%
11%
11%
11%
16%
11%
11%
*16%
11%
800
'
18% May
13% May
105
|
24%
88
38
12
84%
10
98% Jan
12
12% Jan
8
99
Dec
38
Feb
IS
64
Feb
17
Aug 27
Feb
82% Aug 27
20% Feb 11
Oct
Feb
36
Feb
Meb
90% Jun
18
33% Aug 13
43% Jun
9
'
5
12% Feb 11
18% July 12
July 12
July 6
Dec
39
Feb
10
92
Deo
121
Feb
11
144
20%
Feb
26
Z;
Aug 17
July 12
26% May 21
50
Aug
62%
290
25%
11% Mar
9
20
Jan
3
Mar
23% Apr
27
Jurt
Feb
49% Jan 19
200
Jan 19
6% Mar 29
20% Feb 10
86% Jan
96
19
2
14% Jun
Sep
Deo
107
Mar
10% May
,
Feb
3
22%
.
*15% "not
>
87
137
Deo
Nov
May 15
10% Aug 26
26
11% May
19
Apr
62
May 17
Jan 24
35
90 % Mar
46%
May
230
19
104
Nov
102
May/
80
16
26
Feb
32%
18% May
L
0
44%
17% Jun
32% May
,
19% Jan
108% Jan
Deo
Deo
35% May
22% Deo
*87% Deo
:
13% Feb
100
Mar
13
Aug 24
X27% Mar 12
Feb
106
Deo
11%
85%
11
.
18% Feb
107
July
Feb
28% No?
<
Feb
■<<16
Sep
Deo
100% Aug
25% Oct
20% Mar
66%
N Y &
9
39% July 12
Jun
17
19% Apr *10
15
N Y
Deo
Aug
19% Aug
33
Aug 24
Jan
30%
22%
Jan
5
Jun
11
28% Jan 13
17% Jun
S
2
17
13% May 10
Jun 11
93
Nov
Feb
16% Feb 11
27% Jun 24
36% Jun
14
102% Feb
>22% Apr
25%
45%
78
Jan
13%
Feb
18%
Aug 11
90
Feb
17% Mar 20
27% May 17
40% Apr 24
5
Mar
8
7 Ye
10% Mar 18
9
Jan. 1
19%
19
17%
17%
17
17%
82%
32%
18
*81
32%
32
32%
31%
32%
31%
31%
31%
37%
37%
37%
17%
38
38
37%
37%
*37%
16%
16%
17%
100
82%
83
*138%
84
♦81
84
140
139%
84
17%
83
83
140
140
*82
*81
17%
17%
84
82%
84
16
*15%
16
85
140%
140%
*139%
15%
15%
15%
16%
16%
23%
16
24
23%
*20
24
♦20
23%
100
56
*50
56
*50
56
*50
56
*»p.~
*250
260
*250
260
•250
260
*255
260
A
104
Electric Corp
Chemical Co
common—.1
f
a
15%
13%
38%
91%
91%
*90%
92
*90%
92
f'l*
18%
*18%
18%
*18%
18%
*18%-
18%
^83%
83%
*82%
84%
84
84
*83
23
*23%
23%
23%
23%
/
23
•15:
15%
,15%
*15
12%
15
15%
38
28
28
27
27
*27
60
59%
60
59%
60
60
Adjustment preferred.-.—
North American co
T-r.n,iQ
North / American Aviation
—1
*25%
25%
25
25%
25%
25%
25%
25%
15%
16%
15%
16%
15%
16
15%
11%
11%
11%
11%
11%
11%
11%
Northern
15%
12,200
12%
15,900
30%
30%
30%
3,700
22%
22 %
22%
9,700
87%
87%
87%
*85%
Northern Natural Gas CO
10
30%
30%
30%
30%
30
30%
1QQ
(Minn)—
21%
22%
21%
22%
22%
22%
30%
22%
-81%
81%
•81%
81%"-
80%
81%
811
15%
82
12%
12%
12%
12%
12%
12%
12%
Telegraph
Norwalk Tire ft Rubber
22%
22%
*36%
50
36%
No
*36%
NEW YORK
T *21%
/"
36%
12%
•21%
.22%
36%
36%
36%
'
12%
22
22
♦36%
'
300
82%
*82
' 22%
20
i
2,300
400
37 Si
70
.
•'
*5
Co
22%
36%
*22
,
400
85%
*85%
12%r
25%
11%
87%
•
1,200
85 Ye
*85%
?;
400
60
11%
15"%
50
'W
*;
87
Co
Cum pfd $3.60 series
No pa*
Northwest Airlines Inc common—10
4.6 ft
cumulative preferred.—29
700
28
28
60
—
20
300
15% i15%
/ 15
120
200
84%
28
*25
"
23
23
59%
Pacific ::- Ry
3,800
38%
12%,,
38%
*12%
37%
91%
29
''
29
4,100
13%
37%
59%
-
13
38
13
23
1*28
13
.
260
*250
,37
*82
;: 83 z
"^4:,"
"\f*22%
2.50
Norfolk & Western Ry com
•
800
*20
*50
Industries
Pharmacal
1,100
/ 600
16%
56
13.75 cumulative preferred
Norwich
28,700
142
24
Elec ft Gas Corp—
Northwestern
800
*50
18%
Northern
10
2,800
38
*20
18%
Ry
30
700
3,700
No par
*•90%
series
Central
9,900
17% / 17%
84%
84%
17%
83%
140%
'
91%
Highest
I per share
60
97%
37%
*5%
5%
*12%
13%
5%
*12%
13 %*
STOCKS
>
60
37%
/
Highest :
# per share
May 21
14% Jun
Year 1947
Lowest
Mar 12
11% Aug 11
20% July 30
33% Jan
2
Oct
59%
10%
90
Northern States Pwr Co
Deo
•
8
18
82% Mar 10
25% Feb 11
Range for Previous
'
14% Mar
Feb
Deo
12
;
25
Jan
Jun
6%
Sep
10%
13% May
11
62
115%
Deo
79%
36 % Jan
Feb
59%
13%
Noma
Aug 11
Aug 26
55
x59%
12%
Nopco
27
Nov
*96
60%
96%
59%
11
32
ft
Noblltt-Sparks
96%
10%
10%
96
36%
25% Jun 21
17% July 1
*95%
10%
99
*90%
88
96%
10%
♦97
190
4
Jun 21
19%
200
300
33
99
*97
Light 3.90 ft pfd_100
Shipbldg Corp partic stock
1
l
33%
Deo
25
Jan
30%
6% May
Deo
8i
19%
100
preferred
5%
*95%
16%
*32%
19%
60
N Y New Haven ft Hart RR Co.lOO
Preferred
10%
5,200
104
*102
33
*81
Harlem RR Co
N Y Power
*95
16%
104
*32%
60%
11
99
60
No par
Dock common—-Ho par
non-cum
96%
10%
11
•97
No par
preferred series A
N Y City Omnibus Corp
York
•95
*102
l
6ft
New
33
32%
96%
32%
*32%
16%
104
*102
33
96%
*95
*16%
16%
104
*102
104
32%
No par
N Y Chic ft St Louis Co com
Mar 18
6
*102
iof
Brake
Air
New York Central
255
63% Jan
Deo
16%
,
prefiwd
York
$5
64%
Deo
26
83%
*
4%ft
Newport News Ship ft Dry Dock
New
16%
16%
*16%
serial preferred—100
conv
f
"33%"jj»ec
•
4% ft
N Y State
80%
J
Nelsner Bros Inc
Newberry Co (J J) common, No par
3% ft preferred
100
New England Elec System
20
New Jersey Pr ft Lt Co 4ft pfd_100
Newmont Mining Corp
10
Newport Industries common
1
Jun 25
14% Feb 27
23 % Not
.
Corp
61
'
(
Nebi
*5
12%
5 ;5
/ 5%
12%
12%
5%
200
12%
400
*5%
*12
12%
LOW AND HIGH SALE PRICES
STOCK
Monday
EXCHANGE
21
$ per share
Tuesday
Aug. 23
I9«
I
Wednesday
Aug. 25
Aug. 24
I per
per share
share
the Week
Aug. 27
Shares
9 per share
I per share
9 per share
Sales for
Friday
Thursday
Aug. 26
■V
27
Dee
91% Dee
21
18
38
35%
Dee
22
17% May
93
Jan
Deo
118
24
149%
13%
103
Jun
18
Ohio Bdlson Co common.
4.40 ft
preferred
11
43
Jun
15
Ohio
16% Apr
14
Dec
22% Feb
11
92
Feb
8
Feb
89
Mar
Feb
9
25
18%
23
Feb
20
Jan
2
Feb
27
Jan
26
163%
Jan
147
28%
Feb
17
July 19
93
Jan
83
Jan
61
10
Nov
80
17
/ July
5
Jun 17
37% Jun 23
154
Jan 29
Mar 17
19% May
84
17
36% July 13
*109% July 13
12% Apr 20
100.;/Jan
33%
Aug
Jan
Mar 16
28%
May
Oct
2
26% Feb
Feb
107
31% Jun 16
92% Jan
Dec
July
27%
7% May
May
15% Sep
86
27% Feb 10
111% Feb
Apr
23
11% Feb 27
5
Feb
27
73% Jan
51% July 20
Jan
89
V
2
May
16
Sep
9% May
19
Feb
10
Aug
3
15
80
Oct
62% Feb
U
73
48%
Oct
34% Feb
13
15% Mar 20
21% Jun
15
43%
Jan
30% Mar 17
36% Jan
8
62%
Jan
47% Mar 16
55% July 13
44% July 23
•0
24
Jan
Jan
*23%
Deo
80% Nov
j
25% May
*89% Deo
39%
Feb
129%
Jan
131
168
Feb
7
Feb
Deo
3% May
21% Jan
4%
Deo
8%
Deo
13
40%
90
30
<
41% Feb
8% Feb
2
33%
Feb
Nov
109
9%
Mar
109
7
Mar 18
6% Apr
27
14%
July
6
62% May 21
5% May 17
11% May 21
BTOCK
Oliver
Corp
4%ft
8ft
convertible
preferred A—109
Oppenhelm Collins
Otis
Elevator
6ft
preferred
*17%
18
Co
6ft
Mills.
pas
Pan
American
22
i:
-No par
-No pas
22r
11
May 17
11% Jun
Feb
21
28
Jan
2
105 :
21
May 27
Jun
8
Parafflne
4ft
Cos
K/'/
Car
No pas
Airways Corp
2%
Petrol ft Transp
t
<
33% Jan
2
30% Jun
11
6% Mar 16
9
Feb
24
82% Sep
38 Ye
Nov
38% Mav
29 % Jun
28
48%
Feb
38% Feb
27
page 26.
10
May 17
16% Jun
37
18
Park
Utah
Parke
85
56
«
14%
<•10%.
*65
,
*36
!
22
22
33%
33%
>
150
■
/
•22
33%
149
149
149
18
*17%
17%
85
•64
88
1
56
143/4
r
14%
56%
•lOVe
♦65
70
•36%
17%
t
*84
95
■/'
3,900
14%
*14%
•10%
11V//'
*65
70
•65
70
/'
38
-
38
*37
i
19%
193/4
18%
19
343/4
34%
34%
34%
34%
34%
53%
53%
53
53
53%
533/8
53
37%
34%
53 Y*
1
1
41%
413/4
41%
.,/;■/5%
48%
43A
4%
}
'
!/■>•; 9
*16%
583/4
•94
8%
/
*135
.5%
48%
■■■
*96
/
5%
48
43/4
9%
5%
,"
95
47
58%
94-
94%
9%:
9
17%
5
*5
-
.'
43/4
9%
9%
*16
17%
•16
8%
4,200
700
15
;f./
Z
60
37%
600
v
34%
2,600
i
52%
..
•
53%
1,900
42
42
42%
96%
97%
420
30
v
5
5%
47%
48
43/4
4%
93%
9%
38,400
14,300
9%
58%
59
59%
>-'•*
60%
93%
94
*93%
83/4
93%
8%'
8%
8%
24 Ye
*23%
104%
*1033/4
22%
23%
22%
22%
223/a
227%
225/8
22%
22%
110.
46
44
7,900
23% '
44
Ine
1
1
Enterprises
•44
1
2%
No pas
2Jt
No pas
I
27
)
*28
/
7%
46
*44 /
2%
2%
7%
;
V
263/4
*27%
.///,
•44
2%
26%
273/a
29
46
2%
265/8
29
7%
7%
14
14%
14%
14%
Jan
7
Penlck & Ford
Ho pas
30%
30%
30%
49% Jun
30%
1
Penney
Ho pas
46
46%
45 3/4
46
•'
*28
/Zi
*73/4
14%
*29
45%
46
*44 '
2%
2%
26%
26%
29
♦27%
v
8
14%
3oys <»'•
45%
73/4
:
14
♦29%
45%
400
24
104 Y*
—_
9,700
100
Z
2%
'
2%
26%
263/4
27
29
'//:•/
27%
27%
7%
2Vi
73/4-
73/4
1<", Z
341/4
14
303%
293/4
29%
46
46
46%'
-
'
2,200
&
8%
24%
24
!,/
1,300
4%
17%
♦16
17%
1,900
48
58%
i
3,000
96%
135
135
135
19
•1033/4
24
-
-
34'%
•18%
19
95
58%
*94
.9%
*47
4%
9
:
96%
135
v
47%
4%
9%,
*16
58%
t
97%
137
/; 5
47/s
41%
413/,
*97
•135
48%
9%
17%
59
41
41%
S8
136%
*18
20
'60%
11
*10%
19%
•19
50
100
88
59%
14%
11 z
14%
■•/■/
60%
70/
Ci
200
3,800
•
18
♦83
59%
•36
36%
♦173/4
88
58%
14%
34
80
v
149
*149
17%
♦10%
>
333/8
149
94%
23
*22
23
33%
*65
11
70
,
56%
14%
11
37%
95
33%
•83%
56%
<
95%
24%
Co
(J C) Co
1,800
95%
104%
Transportation
Patino Mines ft
380
9%
*23%
Parker Rust Proof Co
Parmelee
32%
102%
9%
a94'/2
*103%
Consolidated Mines
&
32Y*
102 %
104 %
Pictures
Davis
32%
101%
9%
93/8
•103%
Jan
11
32
101
9%
24%
4%
Mar 16
32 Ye
9%
104%
Deo
2
•:
24%
Park ft Tilford Inc
24% Feb
'
•1033/4
Paramount
26 % Aug 24
18
9,200
No pas
com
51
Feb
37
preferred—109
26% May 27
Jan
140
99%
36 3/4
*17%
,
102 %
102
'
*17%
85
98
10
34%
•149
18
136
Inc
31%
•
18
22%
32%
150
*17%
97
11
43
33%
*135
convertible
32
95%
•22
22
lot
18% Feb
May 21
3% May 17
94
95%
Teleg oommon—lot
Pan-American
100 Z
.»
32%
*149
>
•
Panhandle East Pipe L oom_No pas
4%
preferred
lot
Panhandle Prod ft Refining
1
12
*17%
r:: 9%
9%
T
■
;
••
It
21
5
9%
;
8
Pacific Tin Consolidated Corp—1
Pacific Western Oil Corp
lg
Motor
18
*98%
99
-600
33
33
33
•
z;/ 34%
preferred
Packard
31%
$
37
102%: 102%
103
*94
It
preferred non-oum—No pot
Pacific Finance Corp of Oalif
Pacific Gas ft Electrio.
Pacific Lighting Corp.
Pacific Telep ft
&//VV,.
lijt
Pacific Amer Fisheries Inc
Pacific Coast Co common—
1st preferred non-oum—No
Pacific
*17%
.
32
31
9%
SJt
Ho pai
Owens-Illinois Glass O#
2nd
18
102%
lot
Outboard Marine ft lffg
Outlet
15
97
37
lj
34% Feb
see
36%
No pur
common
Jan
For footnotes
99
37%
%
"
21% Jun
6% Feb
14% Feb
15% May
33
99%
preferred—100
(The) common
•
Jan
Deo
33%
♦98%
37 %
z-iz/^^zr
commoz
Corp
63%
8% May
33%
98%
36%
convertible
Omnibus
32%
Dee
33%
98%
37%
*17%
65% Jun
Feb
92»> Jan
July
♦32%
99
37
Oklahoma Gas ft El00 «ft
13% Mar 16
;
33
98%
CLOdB)
46
Feb
33%
KXCHANGI
Co
Sep
28% May
7
147
13
■;
37
104% Jun
11
4% Feb
Apr .13
43% May 28
10
Feb
18
Deo
19% Deo
4% Feb
Oct
55
86%
2
7%
Jan
Dec
13
27
Jan
59%
May
8% Jan
Feb
89% Feb
134
15% May 17
May 27
Oil
3,900
4,500
100
.
800
l,?CO
600
2,900
;
"Z
\
Volume 168
Number 4729
THE
COMMERCIAL
NEW
Range for Pr erioas
stocks
■
Leweaft
,,
$p*t share
YORK
Kanga elnee Ian.1
Highest
f per there
9 per there
FINANCIAL
STOCK
Monday
Aug. 23
LOW
f per there
Per
16%
Oct
11% Feb
13
15% Jan
13% May
24%
Feb
15% Feb
11
20 % July 13
Sep
36
Apr
28% July
34% May
Deo
117
Jan
18
Deo
22
Jan
15%
Deo
26%
Feb
38
May
51%
Jan
111
Dee
118%
Sep
55%
Nov
101%
Feb
ehsurefFfyty
Penn Glass Sand Corp com—No par
*107
i per
Penn-Dlxle
29
I
45% Dec
81%
6
,
22%
S3
Jun
May
Dee
May
8% May
110
Apr
8
18% Feb
11
16% Feb 27
39% Aug 12
103
Feb 19
31
Aug 27
86% Feb 17
Feb
22
10% Feb
4
12
Aug 11
25% July 30
99% Aug|27
34% July
Jan
34
0*a Feb
Dec
12
9
11
112
7
Jan
14
20% July 6
May 24
48
Apr 22
120
Apr 22
22 %
45% Jan
6
98
May 15
20% May
7
24% Jan
30% Jan
Penn Coal 8c Coke Corp.
Cement Co.
5%
100
Peoria 8c Eastern Ry
Pet Milk Co
Co
104
May 19
17% Jun 21
4%%
20% May 15
Pfeiffer Brewing Co
11
64% July 12
13
59
Feb
5
55
Pfizer (Chat) 8c Co Inc.
Phelps-Dodge Corp
Philadelphia Co 6% preferred
97%
Deo
11%
Deo
50
Mar
59
95% Mar
109% Aug
27% Jan
23%
Dec
111%
Dec
120% Aug
Deo
109% Aug
95
*10%May
29%
26
22% Jan 26
Jan
16%
5
21% Feb
25% Jan
2
9
4.4 %
91
Jan
28
103% Jun
10
35% Nov
28
98% Mar
83% Apr
91
8
25% Mar 16
July 8
36% Aug 27
97% Jun
3
83% Mar 17
87% Jan
2
38
46% Apr 23
91
Aug ,6
77% Jun 15
101
Apr
43
Dee
Jan
93
July
Jun
20% May 22
45% July 9
87
Deo
12
8
Feb
21
•0% Mar
Jun
Jan
43%
85
81
Jan 23
111
v
Mar
Jan
8
26
87% Jan
63% July
18
Feb
Jan
22
64% Jan 21
12
Feb
10
14% May
7
$1
div preference com
*107%
32%
•31%
♦13
15%
•13
:v~iS;:'
■/
13
12%
'•28
,
54
53
99%
96%
10
88
Apr
Deo
38% July
108
Feb
Deo
06%
Dec
May
16%
30% Feb 25
98% Apr
1
•
Oct
Deo
102
110
Mar
Jun
14
11% Feb
11
34% Jan
5
23 *:
•23% •'24%
28%
103% Jan
110
8
Jun
15%
14
Jun
10
Jan
32%
Deo
84% May 12
26
Maris
93
18%
16
Deo
16
Deo
12% Feb 11
23% Jun
168
Aug
169 !
163%
Not
203
32%
7
Apr
May
8% May
114
Apr
69% May
67
Jan
10% May
May
17% May
171
Aug
42%
145
Jan
Jan
:
157
Feb
Feb
Oct
Jan
38%
Feb
Feb
13
10
11
20
Jan 27
10
Sep
20
73% Feb 28
71% Mar
9
15
Feb
13
145
Jan
9
28% Jan 22
14% Jan
Apr
15
Apr 14
July 15
160
140
Oct
21
16
169
8
93% Oct
84% Sep
20% Deo
200
155
10% Feb
Deo
140
26
34
10% Nov
15
July 28
36% July 15
9% May 10
39% Jun
.
1
Jan
2
Jun
9
July 15
94% May 14
82% May 10
100%
99%
99%
*
13%
13 %
13%
13 %
;■/■
17%
*17%
17%
54%
54
54%
1,600
55%
54%
55%
5,200
53
53
26% Jun
161
24
July
7
*103%
41%
40%
41
89
♦88
104%
187/a
/ 18%
18%
39%
39%
f
X40
>
40.;
I,:
:
*88
89
*88
„5
Ju par
*91%
953/4
87 %
*87
88%
88 %
*87
*36
38
92%
67%
*89%
66%
13%
*13
■V *87
85%
Feb
Feb
8
v
29
Aug 23
Aug 25
62% Feb
32%
18
Feb
81
Mar 11
Jan
Deo
102%
Feb
30% May
38%
Jan
16
32% Jan
15
21
Aug
2
26% July 19
81% May
81% May
61% Feb
40% Mar 17
14%
10
33
Deo
131% Feb 30
Publlcker
$4.75
Industries
5
July
9
July 12
25% May 23
Co
of
Feb
7% Feb 20
Jun
41
Feb
28% Mar 11
Dec
22% Feb 20
38%
Feb
31
16% May
16% Feb 20
27% July 12
36% Feb
24
45
Apr 27
31
16
39
Jun
Feb
Dec
Jan 28
Feb
10% Feb 24
101
Jan
21
11% Feb
11
14% Nov
9% July 19
20% May
29%
Feb
22
10%
17%
Feb
10% Feb
61% Jun
Deo
Deo
62
84%
Feb
Aug 26
500
-.y
v
,
vv-
y.-„,y
2,600
2,300
16%
700
.
175
84%.;,
84%
140
77
?V
/ 20
22%.,i;
*75;:/:
:
2,400
:
/
167-
16%
12%
45 3A
463/4
46
45
•44
45
V?13
13
13
l
8
83/a
29%
/>
300
yy
400
21%
yf2i%
21
89
*88%
•44
36%
46%
13
13%
13%
8
29
68%
68%
68
21
21
21
20%
21
8%
8
-
♦28%
88
88%
39
39%
38%
383/4
23%
yy 22%
23%
23
23%
22%
■vj.it *88
"
88%
88
6,100
3,500
,21
*91%
5
383/4
223/4
,
i 8»/.
',
X21
933/4
393/a
4,800
8
'
22%
1,100
13 Va
29
29%
39%
*
100
'•13-y.
'29 .'
673/4 £68
68 %
8 V&
8,900
y-.'f ■.:?
45
13%
29
100
46%
13%
20
"
12%
*12
13%
133/a £13%
—
36%
•44
45
68%
:.
156
♦147
37
8%
68%
223/4
22%
156
28%
*27%
68%
Xt/ZBWe-
5
8
29%
47%
300
-92%
1,100
>;.>
"V
250
"
39
37%
353/4
107%
♦107%
303/4
31%
30%
Quaker Btete OH BdfMlng Corp—10
•23%
24
*23%
•
363/4
35%
107 %
•107%
30%
♦30%
24
*22%
£
39%,
39% V
27%
36
27%:
27%
43
42%
42%
30
23%
23%
4,600
14,600
:
108
300
30
30
1,900
22%
22%
*107%
30%
*22%
8,500
y
35%
35%
T
108
107%
.31
.
353/4'
35%
107%
8,300
•
27%
42%
:
2,300
v.
22%>:
22%
7
LOW AND HIGH BALE PRICES
STOCK
Saturday
Aug. 21
0 per there
Radio Corp of America com—No per
13.50 oonv 1st preferred—No per
X36
35
18
July 28
May 17
2
15% May 27
105% July 12
18
May 21
Radlo-Kelth-Orpheum
14% Jan
7
1
pfd
$2
preferred
STOCK
EXCHANGE
Monday
Aug. 23
Tuesday
12
12
*71%
12%
12%
72
8
Friday
Aug. 26
12%
'
Bale* fet
the Week
Aug. 27
9 per thare
71% £71%
■7%
.
713/4
Thursday
I per there
I per share
12%
713/4
Wednesday
Aug. 25
Aug. 24
9 per share
Real Silk Hosiery common
1%
9 per thare
Shares
11%
12%
12
12%
71%
66
17
Aug
11
102
Jan
95% Jun
24%
Jan
Oct
18% Aug 17
Mar 17
17
15% May 21
99
Aug 24
29% Jan
7
33%
;
713/4
72
72
1,000
'.73/4
7%
7%
8
6,100
95%
*95%
31%
*30-
95%
95%
•95
♦30%
31%
*303/a
31%
•30
32%
y;
95%
32%
32%
32%
32%
323/4
*32%'
32%
323/4.
33
*32%
22,500
243/4
24%
♦243/4
25
32%
32%
24%
25%
25
>>
95%
31%
-
44
43%
43 % '
*43%
44
43%
43 %
•36
37
37
37
*36
38
36
36
*35
13%
*123/4
13%
13%
13%
*13%
'105
14%
v
*123/4
12%
108
108
*105
14%
,
'
108
♦105
15
*14%
15
•105
15%
.
*43
.
;
200
,
?i::
200
200
13% /
108
15%
15%
1,500
37
*105
108
15%
700
'
44
*43%
50
a
2,100
32%
32%
50
.123/4
20
33
25
33%
8
10
*9%
10
10
10
Mfg Co common
pfd 3%% series
Remington-Rand common
$4.50 preferred
Conv
10
*9%
No par
*21%
23%
*21%
23%
♦21%
23%
5
100
preference
10
Deo
31%
32%
8
-
15%
3,000
Co—
A
prior
Reliance
Nov
*303/4
7%
*95
25
100
13% May 24
12%
96%
33%
50c
dlv
*95
25
preferred
(Robt)
8
7%
60
Reeves Bros Inc
$1.25
CLOSED
25
27
4
No par
1
Reading Co common
4% non-cum 1st preferred
4% non-cum 2nd preferred
Reliable Stores Corp
Aug
100
Rayonler Ino common
25% May 21
86
33%
*11%
47
♦107%
Rels
12%
12%
46%
*43%
100
Raybestos Manhattan
Mar 31
32
16%
*113/4
•11%
No par
34% Jun
>;
*
17% May
32% Deo
108% Mar
12%
12
1
13
EXCHANGE
28% May
Oct
•36%
preferred
Ralston Purine Co 3%%
May
38
Purltv Bakeries Corp
Deo
86
*37
43%
11% May 19
98% Jun
4
II
37
22%
•147
27%
75% May 27
July
18% Feb
37
27%
11
39
38
42%
27
Dec
22
156
43%
7% Feb
r
-
19%
■157-
.*160
76% -76%
22
27%
03% Feb
V;
*
*147
43
Feb
Nov
76%
84
22
27%
Jan
0% May
84
156
*21%
27%
15%
37
84%
433/a
80%
81
•160
-
170
300
>;
35%
353/a
8% *•: 8%
8%
16%
175
27%
Deo
36
•147
133/a >13%
com—No par
common
NEW YORK
17
35%
8%
36 %
oonv
•164
16%
43
6%
167
No par
Ino
(The)
*147
38
No par
Dec
33
22%
13%
f per share
15
*74%
£
7
89
19%
100
V
/'
;•
£32 %
>32
19%
157
8%
No par
Pure Oil
100
13%
»863/4
32%
156
13%
Colorado
7,100
'
*21
13%
com
com
dlv preference
*83%
89
,
16%
No par
Pullman
Lowest
9 per share
75%
36
175.
•160
83%
75%
133/a
com
preferred
cum
Service
$1.40
Inc
04%
•
V
76
;
:
120
:
*123/4
13
♦147
No par
8%
22% July
48% July
•74
'
*16%
175
83%
*164
.
*147
8% .V
8%
16%
•160
84%
83%
preferred series A„50
conv
08%
105% Mar
175
157
167%
36
35%
8%
15%
STOCKS
Highest
10%
34%
16
•160
&
♦164
10
Co
Procter A Gamble
Range since Jan. 1
Highest
-
7% May
30% May 15
108
t«%
9 per share
Power
Pub Serv El & Gas
13
Kan re for Previous
Year 1847
4%%
Eleotrio
Public
11
Feb
Feb
Potomac
Apr 26
39% July 6
101% Feb
Jan
36%
9 per share
94
*25
109%
167%
No par
24% Jun 25
Jan
Oct
Dee
Lowest
28% May 25
May 18
*25% Feb
♦164
8%
16
100
*147
35
.18%
100
157
45
42
Mar
106%
34%
•147
49%
53
Deo
*18%
167%
'J
13%
•33% y 33 %:/>'/. y.
*101' v 101%
-y
•86%
*32,
19%
12
5
29%
89
32%
*18%
•164
■
27
*86%
x32%
18%
45
Pressed Steel car Co Inc
16
43
71% Not
89
•
67%
*110
3;
13
33%
100
10
No par
12%
12%
13%
101
v
18%
157 \
V /
92%
v.:
120
33%
i*110
32
45%
11% May 18
35% May 21
71% Jan
9
Dee
•86%
600
'
67
13
—
101%
*33%.
19%
1
28
May
16% May
89
♦147
class B
100
' '
40
*91
67%
13%'
-
32%
5
12% Jan
May
115
5
Nor
9
101%
♦107%
Pond Creek Pocahontas
15%
67
*101%
115
com.. 100
1
12%
33%
101%
*12%
92%
67%
*13
83%
•33
33%
32
prior pfd—100
Pittsburgh A West Virginia
100
Pittsburgh Young A Ash pfd—100
Poor A Co
14,100
>
'
*107%
13
:■>■ 40
41
*88%
13%
♦101%
•86%
conv
16% May 20
14% July 12
,
36% y.
"
67%
115
•18%
No par
40
! '
92%
v
,
33%
13
1
13
■
88%
36%
4,900
;v
,
.35%
95%
4,500
;,V
89
35%
101
101
•107%
1
12% Feb
*88
35%
65%
33%
•33%
100
Pitts Coke A Chem Co com__No par
$5 convertible preferred
No par
Oct
Deo
25
Pitts C C 8c St Louis RR
19%
110
39%
*91%
•13
Plough Ino
Plymouth Oil Co
4
200
!
18%. '
•89%
13
12% July 28
24
89
220
'
Pittston Co
Jun
/
39%
-
200
'. 'V
18%
95%
92 %
46
I
:
105
35%
35
35%
£! 94% "64%
46% July 13
70% May
:•'
-
>
410
95%
104%
:
•91%
67%
6
*92%
•103%
18%
;; 89
35%
66
14
95
104%
36%
36%
♦90
Jan
:
1
QS
" -97
V *95
V
104 7/a
40%
100
29% Feb
109%
109%
No ps-
33
108%
•108%
Philllo* Petroleum
Oct
24%
109%
•108%
109
96
37%
Deo
*23%
24%
•36%
35%
4,200
237/a
No par
38
150
22%
24%
Phillips Jones Corp com
5% cumulative preferred
19% May
11% May
533/4
100%
22%
*23%
*86%
(The)
53%
100%
23
24%
87%
ser
53
101
22%
96
100
53
22%
104%
17%
101
101%
18%
35%
100
900
54%
18%
•88
:
54
"
5
•
55%
22%
*86%
1st
;
17%
•17%
53%
108%
::
97
104%
400
*99%
•100%
100
5%%
J
13%
22%
95
preferred class B_
6% preferred class A
28%
100 %
1
101
•92
7%
*27%
28,100
'
*
54%
187/a
Pittsburgh Forgings Co
Pitts Ft Wayne A Chic Ry
7%
gtd preferred
Pittsburgh Plate Glass Co
Pittsburgh Screw A Bolt
Pittsburgh Steel Co com
12%
55%
18%
Pitts Consolidation Coal Co
15%
12%
•
28
*23%
r
109%
104%
100
common
1,400
*13%
12%
22%
100
100
Plllsbury Mills Ino
$4 preferred
15
12
v
/
•0%
300
54
3
,
98
13%
17%
1
.
80
31%
97
557/a
53%
100%
22%
109%
:
£
108
31
'
*99%
13%
55%
100%
.
*QS
Phoenix Wnalaiy
•13
12%
*28
100%'
X54
No par
preferred
■
97
'
f
*17%
54%
56
100
series
*107%
32%
6,400
11,300
40%
54
17%
53%
J.00
3.60
108
96%
15%
12
*
29
i-
54%
common
*13
12%
12%
28%
27%
50
preferred series A
*39%
97
———100
3%%
40%
107%
preferred
Philip Morrla 8s Co Ltd
4% preferred
*39%
*96%
1
A Iron
40%
*31%
preferred
4.3% preferred
Phlla 8c Reading Coal
Phllco Corp common
19
•
No par
common
v
18%
'
No par
Co
112
18%
'107%
.28
3.8%
104% Aug 24
14
Jan 19
Oct
109
Electric
115% Jun
Deo
Deo
preferred
21
Jan
Deo
$6
Phlla
Jan
85
25
May 19
104% May 15
247/a Jun 14
104
21
88
July 13
*110
18%
98
>17%
2
Feb
1,600
30
18%
32%
_No par
14% Feb
187/a
*27%
18%,
107%
13%
40% Feb
200
*18%
112
*96
*100%
47
Bheret
12%
18%
*31
107 %
the Week
18%
97
13%
Oct
•110
"
31%
101%
Jan
18%
32
31%
13%
Dec
12%
97
101%
48%
18
*39%
12%
19
mm let
'
| per share
*27%
18%
18%
6
62%
Jun
108
•107%
18%
Friday
Aug. 27
xl8%
112
•110
••
18 %
*39% ,40%
40% ■'
.
19
*27%
18%
100
Petroleum Corp of America
May
13%
qq
112
Thursday
Aug. 26
32
19
18%
18%
f'
.
t per share
•12%
18%
19
.
12%
•12%
32 /'£
♦110
18%
18%
33 %o
preferred
18%
112
18%
•
Aug. 25
' $ per there
'■
^
12%
'*27%
•110
No par
common
36% Apr
49% Deo
37
STOCK
CLOSED
100
Pepsi-Cola Co
6
"•12%
•
*27%
EXCHANGE
Wednesday
,
f per share
■■■
18%
preferred
5
12%
12%
BALM PRICE*
HIGH
AND
Tuesday
'Aug. 24,
t per thare
¥■>;;
Penn Power 8c Light Co.
No pet
Pennsylvania RR.
.60
Pennsylvania Salt Mfg Co com
10
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples G L ft Coke (Chic)
100
3
23
(859)
RECORD
Saturday
An*. 21
EXCHANGE
2
CHRONICLE
;
>
NEW TOKK STOCK
Lowest
Highest
&
10%
10%
10%
10%
10%
10%
♦103/a
633/a
633/8
63
63
*62
63
10%
22
22
V
10%
200
100
23
*22
10%
10%
500
.
•
*63
50o
12%
12%
12%
*97%
99
99
99
18 3/4
19
18%
1
10
10%
*62
63
12%
12%
'12%
12%
100%
•973/4
100%
*97%
18%
18%
18%
18%
10
10%
10
12
12%
23
1
Reo Motors ino
*9%
10%
633/a
*9%
*97 3/4
,18%
12%
18%
183A
10
30
,r
4,400
£ •.100
100
10%
2,100
i'y
4% May
3% Dec
9%
Deo
22% May
101%
Dec
14
May
91
,
Dec
9% Jan
0% Feb
10
3% Mar
4
13% May 8
5% May 20
6% Aug 27
22% Feb 11
11% May 21
31% Jun 14
8%
Feb
15%
Feb
30%
Feb
113% May
24% Feb
110
Apr
6%
Deo
11%
Jun
39
Jan
May
124
Jan
Jan
5
15% Feb
10
82% Feb
17
Feb
18%
103
90
9
May
36% May
45
May
II
Deo
19
Apr
>13%
Jan
23% May
6% Sep
6% Feb 20
19% Feb
02
27
Mar 19
16%
Feb
7% Feb
11
44%
Feb
35% Apr
23
60%
Dec
46
104
Feb
May 6
87% Feb 18
96
Apr
19
8
May 15
29% Apr 22
104% Jan
5
11% May 26
41% Jan * 2
$1
convertible
preferred
50c
10
Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper A Brass com—No par
5%% preferred
100
Rexall
Drug Inc
Reynolds Metals Co
5%% convertible preferred
Reynolds Spring
Reynolds (R J) Tob class B
50
Jan >
8
Jun
1
Preferred
3.60%
series.*
8
Mar 16
27% May 27
15% Mar
Oct
17
68%
Oct
64% Jan 22
IT*
20%
Feb
12% Aug 12
For footnotes
see
page 26.
72
May 28
18% Jan
6
23
•100
101
47%
47%
90
X20%
33%
Rheem
24%
6%
23
*88%
Richfield OU Corp
No par
Rltter Company
No par
Roan Antelope Copper Mines.
Robertshaw-Fulton
Controls
Co__l
20% Nov
94%
6%
6%
23
100 V
17%
94%
100
15
Sep
100
17%
j
Manufacturing Co
conv
Ronson Art Metal Wks Ino..
Ruppert (Jacob)
107%
29%
7,000
12,400
29%
,500
107%/.;-;-
;.*107
2,800
17%
17%
17%
17%
>17%
*94%
95%
*94%
95%
40
6%
5,600
*22%
*100
22%
101
*8% % 9
V
*100
.;
.,6%
6
22%
6
22%
*22%
101
*8% !
9
*99
*8%
300
23
*22%
38%
38%
47%
47%
*47
48
*47
♦88%
89%
*88%
90
*88%
20%
20%
20%
39%
38%
39%
23
22%
22%
5%
20%
37%
*22
20%
38%
23
38%
38%
20%
'■
48
89
20%
38%
101
50
£',
300
9
48
*88%
20%
38% S
6,700
70
48
90
■
21
37%
38
37 %
38%
*♦22%
23
*22%
23%
T;\
1,100
:
18,200
ioo
5%
5%
5 %
5%
5%
5%
5%
5%
5%
700
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
4,200
26%
preferred
Royal Typewriter
Ruberold Co
(The)
29%
29
107%
94% ? 94%
6
6%
17
v
29
107%
-
'
21
Dee
28%
107%
17%
95%
29%
108%
8'%
Jun
19%
17%
*94%
28%
♦107%
307/a
Jun
42% May
29%
109 \ ■'
8%
49
18
28%
*107%
38%
24% May 18
4%%
8%
8 %/;>'•
8%
28
14
3%
6%
33%
15% Jan 26
July 12
29% July 12
22% Aug 26
3%
8%
8%
21
7% May 21
3%
8%
38%
Feb
12
3%
8%
I
Feb
5
Aug 18
0% Feb
5
3%
8%
10
Dec
10% Mar
3%
8%
6%
18%
Aug 11
3%
8%
*22%
25%
20% Mar 16
6,100
* ■? 5,400
3%
8%
10
Common
94
>
3%
No par
100
10%
•
3%
2.50
com
31
19% Feb
Dee
111% July 14
21% May 15
Republic Aviation Corp
Republic Pictures common
9% 5 10%
26%
26%
26%
26%
26%
26
26
26%
26%
1,200
22%
22%
3,700
21%
21%
21
No par
21%
61 %
61%
12%
12%
.
v
^
21%
21%
21%
22
22%
22%
*20%
21%
21
21
21%
21%
*61%
62%
62%
62%
63
63
64%
13
♦12%
*12%
13
.
*12%
13
♦12%
•21
21%
500
64%
400
13
100
Monday, August 30, 1948
(860)
24
RECORD
STOCK
YORK
■i
l»Bf« for PrerlMi
I«b|s itaw Jan.
Year 1047
9 per
9 per than
9 per than
'
Monday
-
:
Aug. 23
9 per than
Aug. 21
-
9 per than
I per than
/;/
than
EXCHANGE
•
Saturday
STOCK
NEW YORK
1
Highest
•Lowest
Highest
Lowest
AND HIGH SALE PRICES
Wednesday
Tuesday
L6.
STOCKS
V Aug. 2*
n.rr^i
.
Aug. 27
Aug. 26
Balsa tar
the Week
Sharet
•
f per than
f per than
t per snare
■■
Friday •/
Thursday
Aug. 25
-v
d per 1 nan *
,.
.-ill
ii.
,
4
»% May
12% Jan
,
8% Feb
,
-
37%
•6
Deo
68%
Dec
67
§7
Deo
60%
•
Jua
Deo
Oct
68
12
80
Deo
98% July
79
<20
Deo
26 V*
108
Deo'
03% May
18
Jan
108
0t
6%
preferred
non-oum
5
15% Aug 24
Savage Arms Corp_——
35% May 21
51
Scott Paper Co
Feb
0
Seaboard Air Line com v t c—No par
Feb
44
Feb
19
02% Jun
7
Deo
19%
Nor
15% Feb
10
20% Jun
14
Mar
43%
Deo
8% May
10%
Feb
35% Feb 11
6
Mar 28
40% July
?■/ 31% Feb": 5
g/42% May is
Feb
10% Apr 29
6% Mar 17
12% July 12
Deo
39% May
53
17%
23
30% May
Oct
6%
16%
Deo
11
7
13
81% Feb 20
15% Jun
24
g7
i-
'
16%
8
30% Deo
104
30
18
May
33% Jan
70
Deo
FOb
4
17% Feb
11
Feb
68
Fob
25
14% Deo
21% Feb
10
11%
22
Feb
12
Aug
Mar
33%
Deo
28% Feb ,11
82
Deo
24% May .*/
78
13% Jun
2
1
;; 40% Jun
15
13% Jan
4
0
'
Feb
27% Feb '14
39
31
Feb
33% Mar 13
18%
Deo
IS-
9%
68
Apr'
May*
Mar rv:
15
May4
14
4% Feb
28
$6
8
21
Skilly Oil Co
Sloss-Sheffieid Steel Ac Iron^i
39% Oat
30% Mar 17
82% Aug 10
00
93% Aug 19
Deo
:
98
Deo
13% Mir
19 V* Feb
17 % Deo
May
5%
"6%
i
Feb
Nor
22% Jan
40 %
Nor1'
;17
67% Aug
,
37
42% Jan
25% Mar 16
30% July
30% July 12
Mar 17
27 % Aug
34Va
28
May
4% May
58% Feb
81-
Aug
70
Mar 23
15
;M*r 10
4
Feb 20
;
9
May
73
Deo
93%
Sep
63
Jan
73
26
8% May 27
73
2
18
.14*
7% Mar 16
74
May 15
May 14
"
15% Feb
18%
Feb
Nor
43%
Jan
21% Aug 19
99
Nor
112%
Feb
68% Mar
37%
Jan
23%
Deo
83
Deo
Aug
36% Jan
114% Feb
May
89
Mar
Deo
80
Jun
rNo
<7 prior preferred.i——No
Jun
13
Standard
Jun
16
31% Aug
Jan
; 24% Feb 27
».
F«b
17
11% Feb
10
91
V.
13
97% Jun
11
38
Feb
11
37
May
47/
Oct
37
Feb
10
41% May 26
13
May
6
34
Deo
15% May 21
39% Jun
8
98
Deo
"7.18*-
Jan
11% Mar
Jan
49
32% Mar 12
104% Mar
88
Feb
36% Oct
i
i
27
Mar
43% May 11
13% May
14% May'/
24% Oct
19%
-
21% Jan
19%
Jua
10% May
.,
.718
17
10% May
May
114
109%
Apr
75% Mar
125
Deo
7%
12% Feb
Jan
7 Oct
12% Sep
1
11
17
Mar
*
I
11% Jan
8% Aug|U
31
8%
45%
Mayrk .113%
17% May
101% Jaa
Jan
34% Mar
Mar
24% Oct
21% Jun
Deo
180
.
2
9% Mar
9
26% Jun 21
43
July 13
11% Mar 31
1
'
28% Jun1
18% Feb 11
140
July' l
15% (May 24
*
9% Feb 11
,19
Aug 3
235
Mar 1
Jun
9
17
13
May
24% Feb
14
Feb
11
19% Jun
9
36
May
47
38
Mar 12
44% Jun
14
Mar
14%
jaa
21% Oct
•30%
Jaa
37%
Jan
10% July
Sweets Co of America
Aug 13
Taieott Inc
52% Feb 14
67
24'
17% Feb 27
25% May
Jan
Dec
46% May
68% No?
47
21%
47% Deo
37% Feb
Jan
Feb
Jun
15% Jan
>
41
Jan
34% Deo
29
68% Feb
45% Feb
Feb
13 1
71% July 12
Texas
66% May 12
Texas
Gulf Sulphur
Pacific Coal At Oil—
1
Producing.—•
Pacific
share
Land
No par
ctfs.—..—
3
65% May 24
Texas At Pacific Ry Co....
15%
Dec
11
Mar 11
20% May 24
Textron
Deo
17
Aug
24
Dea
21% Feb
Deo
59%
13
May
Feb
17%-Feb-
For footnotes
see
7% Jun 28
14% Jan
8
Jun
30
46% Jan
9
12% Apr
14
15% May 21
28
page 26.
•64
,
59%
60%
45 Vi
46 y4-
65:/.
65 /<-.
•71 ya
•17
17%
17 y4
17%
5%
53/4
5%
V 6'/4
6%
73
•6>
63
•63
24
V
24
•24 y4
28%
28%
Ina
ye; 10%
2,900
10
103/a
10%
•70 3/4
71%
713/4
713/4
is y*
19
19
19
•22%
23
•22
19
•
26%
26
26%
26
90
903/4
90 V4
90%
223/4
90
*93.
78%
28%
29%
'
28%
♦92%
.
13%/ /
13%
41
12%
64 ya
145%
45 Va
78%
783/4
78%
283/4
287/a
29
*28% > 28%
94
94
29%
28%
94.'- 'V
"13%
13%
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40
♦40
123/4
35 y»
35%
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93 %
28'/a
28%
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13 la
13»/4
13%
13%
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13'/a
13%
17%
17'/4
16%
.
•18%
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V
/ / 23--
10
It
:v:v 19%
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43
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11%
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15
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-
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'V'
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1.100
9%
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17
17
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300
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43
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43-
100
♦11
11%
•
11%
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(
11%
.
VL-—
VA
33%
33 Va-
33%
33%
33 Va
15%
15%
15%
15%
-2,800
21%
21% -21%
21 Va
21%
■'.V# 3,500
88%
' f
2,200
15%
•
-
88
♦86%
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5%
88
5%
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90
.
>-*%»
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100
192'
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:
.:/-//-.
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:
T-
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700
-
1
v
10%
57%
57%
57%
58%
V-
•20%
20%
20
20%
•;
♦4%
•
64% v.V
X62
V-
45
35s,i
V
•;
V
600'
17
it
63%
64 y»
63%
63
63%
44%
45
44%
44%
44%
-44%.//;
VV 35%
37
37%
37%
39 %;:
58
58
.14%
15
62
44%
35%
45%
300
20%
♦62%
21
200
4%
58 Va
57%
20%
58
2oy«««
10%
4%
'-V:
57%
20% W
Shares
16%
J
58%
10%
."
4%
16%
V
*
V
16%
4%
16%
16%
10%
•10%
•4%
4%
16%
c
Salsa faff
the Weak
f pertAafi
ipefthere
than
10%
♦10%
10%
*4%
17
v-
Aug. '16
Aug. 25'
9 per
Friday
Aug} 27
Thursday
Wednesday
per thorp
11%
4%
:> *16%
••
•
•"'-WyV,',/.
-
9 per chore
STOCK
2,100
37%
9%
:
100
21 %
Tuesday*,
Aag. 84- ■ yvV''/!
Monday
CLOSED
23 Va
37%
:•
.
i
20
13,200
LOW AND nGB SALE PRICES
-Ang.-23 * /' .\V>
;
EXCHANOE
V'''Hp.
jf
30
1,900
15%
15%
6%-
-
v.
'/':
33%
•
21% V
•88
90%
S/vV;: 6 i:.
1,300
*
•
68%
42%
*11
*
'
15%
■
21%<
191
:
♦41
21%
16
21%
,
•
r
i
7,800
*16%
-V
'
.r
37%
?7%
9%9%
23%
23%
*180
192
•182
'i
18%
V/
:
24
23 ye
Sd'/e • 24%
*184
192'
'
4$
33%
38 Va
38
500
3,500
23%*
18%
♦18%
23
V 23Vi
18%
23%-
•18ya.
13%
13%
137/a
9%> 18
17
*11
'•••.
13%
-
1,100
*118,- 120
13%
13%
187/a
•18%
119% 110%
119%
97
'
3,000
Vv
V" V' 9
'■*T 68%
68%
/
17
9
97
68
v
9,300
25% V
•96
9
•95%
68»%
•118
23%
43
^
9
9
95%
68
p
173/a
25
V
/
.
13%
16%
253/a
V
2,200
/
13%
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16%
24%
9
37 74
'V
24%
191-'191
-
.
.
23%
163/4
25%
95%
v
18%
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163/4
25
>/
13%
17'A
i7ye. 17%.
16%
18%
700
'
29»/4
i3y«.
13'/a
•17'/#
28%
13%
13%
...
12%
»200
300
93%
-
;
i/
1,500
t.
.
35%
35%
•92-
/
i
'i 42*,-::
V 41
12%
12%
35%
28%
9
9% Vv-V- 9 W 9 .v V
^i*94^;^07,V"i: :m *94 V: 97 / h
1
X68
68 Va
6868%
*118
118 V 118*
119%
^
13%
13%
18%-"-14^<
-8%
123/4
i3y«
137/a
17%
•24
40
93%
28%
-
5,000
♦92%.
35 y«
93%
8,000
20,000 V-
13%
13%'"
•40%
30
.
41%
♦92%
13%
42 'V
*92 Va
35%
/iV 7,100 xf
45 Va
78 VA
•12«/a
12%
35%
•92y»
900
64 VA
633/4
633/4
45%
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93%
28%
• »
783/a
13%
39
12%"V
(
■~>.f Jj i.—
46%
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35%
-
2,600
96
64%
,♦40
41
39
/
23
78y8
13%
90
104%
104%
28%
94
!
4,900
...
45%
.
/
90
64
.
"
230
99 VA
26 Va
:
'•
22%
105
1
20
2,100
22%
-
♦93
96
105
46%
78 y»
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104"
64 Va
46%
96
104
104%
63%
.
47%
79%
94
•93
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22%
223/4
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22%
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96
V
3,000
26%
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30
■/: 900
28%
10%
23
•89
300
J2.200
V 300
24 Va
90
^
VV
V.i
,
66
71Y4
18%
•
500
24 Va
25
' 71 y*
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6,800
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k
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17%
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6 3/4
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•64
/
.
V 66
27%
27%
27%
73
17%,
6%
26'/a
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36
common
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36%
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55%
14%
17%
.
.
♦55
55%:,
14
50a
19%
12%
63%
26 Va
26%
90
13% ? 13%,
100
Dec
41
45»/4
45%
99
*
1
Deo
May 22
60>/a
451%
65,
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61%
v
99%
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10
>
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4
4,900
16,400
V:;:
-
!
10,600
;
2.500
2,200
2,800
Trust—
18%
-
10,800
99 %
35%
Aug. 21
25
10
Sub
28%
28
99%
•92
9
Gulf
.
1,200
28 Vt
27%
29%
"
5
-———5
Texas
48% May 13
293/4
283/a
273/4
29%
99%
13%
;
(James).
Corp..
Texas Co (The)
8
10
29%
X27%
•21%
•92
'
Tennessee
Texas
40
4,000
28%
.
Telautograph Corp.——.
15
1,600
-
'
29%
99%
f per thar$
28
♦38';
40
•38 ye
•99%
tp
EXCHANGE
10%
-
6% Jun
12%
43%
40"
V 5%
w
10%
10%
*70%
:
,18%
29
S
NEW YORK STOCK
11% May 21
-
1243
•71%
27%
27
■
19
46%
78%
I per than
-
12 Va
43
♦22
,,
Symington Gould Corp
19% May 27
11
28%.
63%
STOCKS
0% Mar 10
300
55 Vt
12
42%
63
25-
10%
26 y*
^
91
3% Feb
•54
800
3,500
.
12%
(
25,700
200
47
55 VA
•53%
54%
•45 ye
22%
(The)—4.16%
80% Apr 21
4% Mar 12
14% Mar 16
47
72%
66
71%V
•89
10
104% Mar
Feb
7% / *.'
•
99%
lOo
Bylvanla Elcc Prod inc com..No par
$4 preferred—
No par
Jan
33/4
IV2
2.100
100%
3%
7%
33/4
•99%
Swift International Ltd
7%
♦99%
7%
•45Vi
63%
17%
•24
37%-
3
14
.
•63.
23%
8
20% Aug
68% July
190
V
18%-
18%
j
•71
•5%
%Ye<::
37%
Jan
May
21%
100%
3%
1%
44%
72%
68
23%
Swift At Co
3% May
13% May
83% Sep
v
24%
.
—25
Jun
10
*21
18%
-23
*
>
95 Vi
42%
61 %
61% ;
,
:V44%v.48%*;
•.r.*6X%-:'V65;' :v
10
22
I per than
*94y4
'
28 ye
6 Ye
19-
Sutherland Paper Co
19
>60
.
16%
26
t par than
1,200
<
83%
29%
25%
17% Feb 27
9 per than
800
34
♦si v:
•22%
Superheated Co (The)
.—.—No par
Superior OH of California^
25
Superior Sfeel Corp.—
5o
Bangs slnoe Jan. 1
Highest
400
v
29%
18%
•38%
.
5%
16%
Sunshine Mining Co*—.
Lowest
21
:
•99%
3%
42
.
100
25,700
V 1,500
v
21
21
:i; 47 '
12%
28y<V
,
5%
24%
14% Aug 12
Highest
28
12.50
series B
Sunshine Biscuits Inc
Bang* fer Previous
117
83%
95 Va
*94 VA
1,800
18%
'
54%
29% "29%-
*18%
—1
Feb
YS»r1947
•38%
;
•71
No par
28%
Lowest
7%
*45
:
1,700
100%
♦3%
.
1,900
5%
18%
18%
■
,
5%
18%
Sunray Oil Corp common.
1
4%% preferred series A*—__28
-
34
♦81/
21
•20%
♦99
3%
16%
10%
—8
—
(The)
27
7% May 18
-
f 95% i- 95%
.
41%
40 a
41%
72
♦70%
.15
Stone At Webster-,
preferred
21
100
•
•
41
26%
.
116%
116
115
3,200
7,000
.
5-",/
29%
-
26
26%
26 Va
26%
115%
54*%
12*4-
l2«/e(
•
65
.'27,.,
100
27% Jan
s
29%
*39ya
-'.7%;/
54%
39%
Deo
10% Feb
29%
40%
•45\:
.
28%
•38%
Deo
,
4%
29%
40 Vt
100
7%
•
'
•
No par
18%
e% May
'
•3%' ;
41%
20%
V 79% Dee
•
100
39%
•5%
1
16% Jan
-
4%
•'V.: 5%
.' 4%
21%
5%
Camp Inc common.
-20
prior preferred——
36% Jan
6
*30% Feb 25
:;45
•40%
preferred
—
(J P) Ac Co Inc.
;
4%%
•5%
26%
16%
Sun Chemical Corp common
1
>
14.50 series A preferied—i-No par
Sun Oil Co common—No par
Class A pfd (4 % % cum)—__ 100
120
18%
•
:'7%*
L -30
Studebaker Corp
7
*5%
'*29 ye *29%
40%
•30
95%'
20%
to; •
20%-
3%
103% 106:
29% Jun ,15
08% Mat 25
70% Juii
9
.Mar 17
21% July 19
32% May
1
-
95
20%
19%
100
•71
par
Stokley-Van
5%
5%
39%
V'34V;V
•63%.
—8
8
.
5%
4%
V
.13%
-
34
22%
11% Jan
J
50% Mar 19
113% Jan
Jan
18% July
0
16% Mar 18
94
2
Jan
-39%
38%
V.
61 >
59%
/ 44%ft/45%
.
—1
Stewart-Warner Corp
20
13%
39%
83%
•93
Sterling Drug Inc common
16% May 26
V m
13% Aug 27
18% Feb
July
51
Feb
23 Ve Feb
Miyr
-105
Feb
13'/*
38 Vi
34
29% .30%
Bterchi Bros Stores Inc
Stevens
Jun
11%
•12%
114%
1,400
11%
♦81
27%
-25
convertible ,preferred:
Starrett Co (The) L S
7
97
9
11%
13%
.!
10,166
♦75% *; 76%
76%
•33%
*38%
common.. -10
4%
3%%
■
30% Nor
OH of Ohio
36% May 21
10
;
76%
34%-
41%
Standard
.,
1,300
V V 300
•22%
: :
11 %.
83%,. ;
-
41%
100
preferred series A,
Steel Spring common. —i i
3%%
23
22%
75%
♦29%
12%
par
Standard Oil of New Jersey
Standard
15% May 21
2,900
22%
21%
55%
California—No par
—25
14
Feb
Feb
of
Jun
49 V
17%
1,700
40 Va
22%
30
45
Btandard Oil of Indiana
92% Jun
32%
40 V2
♦20%
12%
No par
83
f33
32%
40 Vc
•29%
•54%
No par
com
preferred
$6 prior preferred..—.
10% May
41% Jua
;
Brands Inc
73
11
22V4
39%
'
1
36% Feb
69% Feb
32%
40%
21%
24
Oil
32%
,
VV-98%
♦96
98%
30*.
♦63
115% JUn '25
•96
'
*
100
100
preferred-—:
07% Feb' 27
13
•
98%
*20%
—..No par
23
5,000
^
22%
18%
Standard G Ac E Co $4 pref—No par
27% May 13
105
11
12%
12
12
30
•99
—No car
preferred—.
cum
12
•22%
99
25
Spear At Co common.
$3.50
200
12»/4
•20%
20%
common—No par
54% Jan 27
July
103
7
3
7y»
21%
...1
Spencer Kellogg At Sons...
...1
Sperry Corp (The)
—2
Spiegel Inc common
Conv $4.30 preferred—No par
.—8
Square D Co
10
7 ye.
V
1
27%
Feb
44% July
23% Jan
29% Jun
91% Jun
7%
20%
♦33%
Spalding (A G) At Bros Inc-t.-. —I
Sparks Withlngton.
No par
Standard
2
11
19% Feb 27
Feb
29
'
39%
26 y3
♦81
7.50
Mobile Ac Ohio stock tr ctfs
$5.50
♦7
11%
117%*
83%
Squibb (E R) At Sons common— -.1
"84 preferred—...No P»r
2
Jan
Railway
non-eum
7%
—
July
-
83
37% May
94
I 80
125
May
50% Mar
63
Feb
62
29% Jan
104
9
22% Mar
102
17% May
81
■
23% May 15
18
13% May
27
6%
16
30% Jun
20
Jan
29% Jan
61% Mar 17
Southern
6
7% Jun
>
Aug 25
20% Feb
Feb
Jan
wd
11V4
'iiy«
40*/«
26%
110
33%
25
iu
—
Southern Pacific Co.
9
20% May 20
v
23% Mar 18
17% Feb
60%
20
5% Aug 10
31% July
24% Oct
16% May*8
May
88% Deo
-
Common
Aug 27
62% July
preferred
39\\
,
4%
•39
♦94%
50
Southern California Edison
Southern Natural Gas Co
B0%Jun 23
70
July 12
,
Feb
23%
!
26
11
7% Feb
14% Jan
...
28
11
33% Feb
20% Feb
Nor
18
•
77
87% May
88
Jan
60%
,
43% Feb
60% Deo
Apr
May
8%
9
20% Feb-27
■
•11 Va
•13
30
•81
•
-46 Vi*
11%
-
6
'
2,600
%
75%
'
39%
•'*4%
39%'
'
800
18 Va
11
7
21%
7%
13
34% Jan
'•■•
39
27%
3%
—
45 Ve
20
.——50
Greyhound Lines
5
South Porto Rico Sugar com—No par
28%- Feb
July
13%
118% 118%
:
Southeastern
43% May 24
36% Mar 17
•12%
;
40%
1
preferred—,
conv
preferred
11%
75,
11%
5•
26% '
100
56%
•
11%
22%
:
22%
75
5%
•39
5%%
8
45'/2
46 Vii
'
22%
40%
•33%
5%
5
16% Jan
17%
31%
40%
41
20%i '3O>
10
South Amer Gold Ac Platinum
May 17
42% Deo
'
Deo
22
5
*T
Jun
12
Jan
66
10
104% Jun 14
-AUgll
52
37% May
Jun
>
:«%-M**.>4: VV 8% July 28
45% Aug
6
36
Feb 17
94% Apr
M«y
42
"l4%
23
11
*55 M
17%
38 %
: *96
98%
31%
South Carolina E At G Co c0m_4.50
9
3% Aug 23
8% Jan
Oct *
9
Jun
Aug 16
99
""3%
July
V 20
5
14% Feb
38% Jan
23%
?
40%
•96
;
.75/
•11%HVaf
•12%
13%
cumulative
3%%
<
23
56%
17%
.
*6%
f%
31%
5
4,300
22%
22%
22%
56%
10
100
•
38%
"12%
41
22% '23
-20
—
84
•6»/2
7%,
32 V- • /
coin—20
preferred.1— 100
4.20%
preferred——1..*
100
Smith At Corona Typewriter—No par
Socony- Vacuum Oil Co Inc..*
15
Bolvay American Corp 4% pfd-100
19
Apr
Corp.*.-
(A O)
*82%
1,500
38%
12%;
•74%'
Smith (A) Ac Sons Carpet Co
39% Jun 18
102% Jun
29% May
87 %
Smith
84
80
14%
6%
12%
'
_15
14
*14%
39%
♦7%
'
par
21
14%
v:
-
ll'/s
11%
98%
39%
300
;
*6%
7
■r
32
Slmonds Saw Ac Steel————No par
Jun
9iy»
45 y#
38%
40%
•98
91%
38%
*8%
.
r: 3% •
Sinclair OH Corp.
'38% JIM <*3
13
-
12%
12% '
:
14,300
V
;
14%
'
•
93
»
♦90%
17%
45%'-
44%
7
38%
ii%.-11%;:
*8%r:.7%.
38*/4
par
24% Jun
160
11
Apr
Jad
32% Jun
93 .;
:
93%
*90%
23
17%
/
17%:.
47"
•6%
27.300
28%.
28
♦44% .'•'.46%
45 %
*82%
57
* 200
,
•
57
17%
45
•
—5
Mines
22%
%
45
84
•54%
23 V*
\
•54%
50
__1
Co
Simmons
May is
44
10
Feb
18
S Oct
93
'
Feb'11
02% Feb
117% Deo
Silver King Coalition
7% May 18
5
•82%
28%
•92
v
14% -14%....
15%
28
10
2,700
;
111%
•110%
in
15
14%
14%
8,300
89
'
91%.
84%
22%
:
'*90%
::
•
17% -.17%/
•
-
V
14%;./
,.15
Oil—i
Corp of America—
Sheraton
5
7% Jan
5% Mar 17
6% Feb
41
Jan
Apr
Shell Union
'
27% May-
8% May
Apr 21
91%
♦14%
17%
•
*
'
♦90%
:
17%
93%
v
14%
22%
...
2
46
,*92%
93%
*
*
92'-.
•
11% ,;u%...
89 -••■
/■';M7%1
isyi
28%
'46
90%
84y4;
V'
a— —1
Refrigerator Co_
1
Setberllng Rubber C6—
—
Servel Inc commod
——. —1
84.80 preferred —
.No par
—1
Shamrock Oil Ac Oasj
Sharon Steel Corp..—£
,No par
Sharp & Dohme common
No par
$3.50 conv pref series A
No par
Shattuck (Frank G)ju—
No par
—1
Sheaffer (W A) Pen Co
-
44% July 15
27% Jun 10
11
49% "
93%
„
i4y#
a
V
11%
•110%
28
15% /
28%
♦46
46%
•54%
Beeger
Jan 31
30% JUn
26% Fob 11
40%. Oct
*88
92-
7,800
V 3,500
.
120
•112
M
v,
V42%;
1*89
<
14%
22%
i
Seaboard Oil Co of Del———No par
.1
42%
91
11%
:••./
:110%>110%
.
28
...
84
—5
Seagrave Corp
—
—„—
Sears Roebuck Ac Co_—4*4—No par
14% Jun
*88
■'
11%
17%.
,
110% 110%
•82%'
6
118
i8y«
18
.
14%
preferred series A—**— .190
Seaboard Finance Co
8% May 15
26
Feb
64
Jan
110
Deo
5%
♦112
14 y«
14
>
42%
2,100
50%
50
14%
r.
91.
♦89
91
17%
/
/; 11%
V
90% '
July 26
59% May
6% Mar 16
Feb
24% May
-
*
*
20% Apr
4
Apr
11%
*
•89
♦92%u94iV,;
4
*
16% Feb
10% May
101
93% Apr
*
13% Feb
•
11% Ma?
13
88% Feb
98% Mar
24 %
9
95
27
% 11%:
-
v 91
46%
12
Nor
Jan
00% Feb
Jan
18%
May 27
♦88
92
••♦88
ll8*
02/
•115
120
13%
42
&
51%
50%
.
14
43."'
X41%
•
5
28% July
13%
83%
-
-/95
11% : ai%
17%
18
110% 110%
14% :T4%
28%
29%
11
Deo
;■
*89
i 13%
44
•115
119
•89
13% Feb
Dec
90
7
*112
Schenley Distillers Corp—**—1.75
39% Mar 10
Jan
103% Sep
102% July
49%
Deo-
88
;
43%
52;
•51%'
,
14%;'
; \r :
13%
44"
common..—No par
$3.4o cum preferred-—No par
Scovlll Mfg Co 3.65% cum pfd—100
Bcranton Elec Co (The) common—5
3.35% cumulative preferred—100
40V*
,
14%
43%
•
5
100
Safeway Stores common—
5
5% preferred
-J
.*.—100
10
0
25% Mar
13%
CLOSED
8t Regis Piper Co common—•_
1st pfd 4.40% series A—
91% May 20
'
EXCHANGE
Co—100
.—190
Louis Southwestern Ry.
"
16
21% Jan 12
Jun 16
113
♦
8% Feb
11% Feb
68% Jaa
Jun
13% May 27
52%
52
52%^, 53
STOCK
01 Joseph Load ,,
«
10
0t L-San F By Co com ? t c—No par
Preferred series A 5% Tto
100
•
139% May 28
101
13
17% Mar 19
July
114% Mar
7% M ay
Feb
Feb
87
e
48% May 15
11
Jan
2
Jan 29
May
01
16% juiy
11
32% Feb
Dec
18
,
61% Jun
39% Feb 24
Jan
85%
JU
40
17%:
14%
i s-
15
:r-V
57%
56
55
55%
V: 37
571/4
.
15 Va.
18
15
15%
177/a
15%
..
>
13,300
2,200
6,900
"
$1.25
preferred
Thatcher Glass Mfg Co
.—No par
conv
common
$2.40 conv preference
The Fair
5
No par
No par
7%
29
*i3y»
.17%
17%
7% v : v.: 7%
*29
29%
29
13 y«-
,
•
„
•13%
7%
14
7%
;
-
29
>
♦12%
V'
7%
7%
'
18
8y8
18
18
8
Va
•29
29
14
18
-
29%
♦29%
♦12%
14
•12%
8%
30
13 y»
v.
2,900
2,900
70
:V-v-
.
168 "Number
Volume
7777;;77/
4729
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(861)
'77
7:7.7:
f
",*
Previous
Range for
Year 1947
•/'
Lowest
t pet
Vv"
■
Range since Jan. 1
Lowest
Highest
-
■ j
..7
Highest
t per share
I per share
share
V-r
*
NEW YORK
7\
.
$ per share
•
v'
STOCKS
;
■
9%.May
10
20
7% Feb
19
Feb
59 %
■>. Apr 30
Mar
85 '
"
Feb
19
Jun
19% Mar 16
4% Jan
/
6
25%
Oct
19% Feb
13
94
Dec
108%
Feb
95% Jan
2
104% July 12
21%
Feb
17 V Mar 17
23% May 27
Oct,
44
55
53%
'
IOV2 May
15%
•
13 Vs May
12%
Feb
Feb
Dec
15%
Dec
•
a
Jan
92
Feb
17%
Feb
Jan
Oct
9
.
100%. Jun
$6
:
Truax-Traer
Dec
.15% July
43% May
9% May
: 581/2
45
15%
Jan
37%
Oct
27% Feb
Corp
common
.'
39
105
Dec
91%
.115
Dec
106%
85
r»Dec
20
Apr
Mar
307/Auy.
38%
'
16% May
102
25%
No par.
• -: j77;::
Feb
Sep
105% Jan
x71% Aug 25
/
19
Dec
Nov
'3%
Dec
■m
Dec
2%
41
7:83
v
3
-
Jan
4%
Jan
10V4 Feb
95
May
Oct
•*43 %
Jan
Jan
15% May
12% May
20%
Dec
13%
Feb
10
89
Feb
Jan
v
113%. Jun
17%;May 14
Industrial
8% Jan
7
US
Leather
5
26
2
20
4 % %
Chemicals
U S
Rubber Co
%
U
8
dan
-
48
106
*170
r
,'T. 31%
-98% Jun
3% Mar 17
.24
6% Jun
Aug 25
Feb
16
4
34
13
Feb
92
10
' Jun
«
4%
17
Universal
Universal
May 22
8%
Leaf
I per share
>,
Highest
I per thare
4
•
com_No-par
NEW
$ perthare
Y
YORK
Vanadium Corp of America—No par
Van
Norman
Van
Raalte
Co
:
Inc
»:
6%
Jun
,
14
Jun
2
10
77b
10«/4
Dec
88%
Dec
12
Dec
•:
21»*
Jan
/
36%
Feb
v,
May
-
July
247b
Feb
197b
Pacific Ry com
Dec
13
.
Feb
68
8s/a Feb
Wabash
105
Aug 26
277b May 21
13% May 24
11
v
i ;
'.'Walworth
167s July 13
f
101 7 Jun
2'
4% preferred/
Walker <Hiram) G & W
.
Cq
Ward Baking Co
5%%:
32
Jan
Warren Foundry &
20% Feb
10
2
Jan
20% Jan
5
343/4 May 14
27 Vb Aug
3
Feb
17 Vb Feb
16
203/4 May 28
26.
;_.,L
Warner'Bros Pictures
Aug 18
*
:
Pipe
183/«
41
5%
v
/
*9%
♦893/B
•
92
M.
-
5'/4
9 per
13
V.
thare
37e /
18%
*77$,
*21%
7%
*18%
*7 7s
.
12 Vs
l2V*
17
7 j59
•
V
-
i—1 *'
,
,
31%
223/4,
*13%
137«
31
313/B
977b
7.;': 10%.
107b
7
,
•88
'>90
93
7-—
•
;
115
600
17
/V 11,700
113%
113%
12%
112%
xll2%
113%
7,100
*20
22%
*20
22%
36
36
*35%
36
100
32
*35%
*32
33
600
33%
*323/4
34
*285/b
29%
*28%
*29%
30
7;77.
'
323/4
■
*32
*323/4
'•29%
30
29%
29%
♦•58%
60
59
59
*58%
60
*13%.
133/4
13%
13%
•13%
14
31
31
*31
31%
103
105
133/4
140
•
22 Vs
*32
60
147b
•31
,
-
29 Vs
i
31
{
>
.v
'
*223/4
10%'
15
23
•
10%"
-
15
.
31
104
•
>*97
22%
23"
; 10%; 10%
"
977b
;107»
;
;:*24%'
103/4
27
25%
2«
*25
183/4
*18%
18 7b
r-
26 Va
7
,\104
147b
•
-
14
'
I
97
>
.
1,100
92
*90
93
7'7'v
383/4
38%
*
100
200
„
91
*90
-7.7;
38%
*28%
25
-
93
*323/4
*24%
♦18%
91
38%
29%
7.* 102%. 104
2274
>:/, 14%'-97%t
.
23%
33%:;7
26%
No par
'•23%
7-7
/77;
34
,
29%
T ——
60
7
.
300
400
;v./
■
10V4, .10%
.
23%
30 *
7*5#%:
59
*102 Va t 104'
:
:,
1^100
■
"l35/er
■
7"
23%
3,000
12
313/4
-*29%
13 Vb
Xl7
313/4
29%
12%
*113
36
29%
12%
*88
17 V4
*20
'
400
7'
17%
36%
;7:>
800
'
12%
22%
/7 ^32%
*28%
12%
24
115%
*353%
29%
;77
.
'
12 Vb
* 23 %
17
*20
33%
*
77
12
22%
732"./..
22%
*22
V
,
12%
23%
*113
17
36%
31 =/4
ialee fat
the Weth
-
t per eherp;;^:.:i ,th*r$e
12%
12%
113%
•28%
4,300
10
Friday
Aug. 27
•
23%.
*90
92
"7
115% 116%
12%
17
*323/4
6P/4
93
113% 113%
114
-23%.7
38%
*90
116
••113%
v
6174
21% .21%
♦12%
.
500
20
62%
92 Va
-
38%
*353/«
Nopar
Nopar
Warren Petroleum Corp new com__3
Washington Gas Light Co
No par
Waukesha Motor Co
,r-5
92
■
•90
,
*20
—10O
9
•90
*88.
39
7
500
213/4
123/4
13
127/8
*23%
93
-7:
200
10%
I per share
12 Vb ;
700
„
165
•
IOVb
Aug. 20
24
c
,
77b
213/4
165
r
10,100
.10'/4
Thursday
Aug. 25
•21%, ,21%.
,
.
24
•90
cX
f
-62%
I per share
H
2174
v
4
24%
187a
•
167
10%
*61%
,
400
7,
92
*893%
724%
•164
107b
*23
7739 7
7
,
167
107b
13%
*23%
17%
21%
.
ANV IU«M JUL1 PRIORS
Tuesday
Wednesday
12%
;
»
20
700
97b
18%
18
•7%
3,100
51/4
97b
5%
4.1/B
'
1,800
187b
403/4
24%
24%
;
700
300
77,; 14,700
134
187«
10
260
777
♦403/b '
92
..;?Y3Y4y/
_
24
*61 3/4
21%
.123/4
♦113%
No par
^
'Ui
134
.1341/4
18%
41
<
*9% 110
21%
62%
12 Vb
-118
167/b
—lOb
common
preferred—-
May 22
24 Vs
Nov
page
common..
134
187b
41%
■
: •>47% 7
747-
1333/4
*1,64
31%
12%
114
<
Ncrpar
14
237b
«>e
•
217b'
19%-
92
•
Co
7,;.v:
793/$
18
167*
•90
25
preferred
10 V4 July 16
27
For footnotes
Walgreen
4%,*
3,400
'•
693/4
;.7%
.
92%.
pfd——25
Waldorf System
RR
-471/4 '•'471/4
1,800
t,;;.'/'v77 20
45%
130
78V4
W
718:Y'Y
7.%-'
39%
—
4
45'/4
129%
700
—
;
90%
*88%
90%
45%
.100
■■
297a 730
129%
6,300
7.
'
♦69 /'.
"
-
93
iThe) ;
—"
Vulcan Detinnlng Co common
i-Jo
7% cumulative preferred_x—«Y20.:
8
58
..
300
v../.
78'A
4.
-
-
.
92 Va, 77.KS88....-
:6%'■^Breferred-i--——Y.-4-25v,
•
♦57%
V
.7
693/4
♦893/s
4%
*38%
100
common
300
1,200
47
77.%
r
24%
•90
.100
Visklng Corp
*n;
1
92 V*
•
.*88
^10
com
& Coke 4%
2
10% Mar 12
363/4
Coal
Virginian Ry Co
Jan
x83%Marl2
Feb
preferred
Co
*88%
129%
9
V
c
*6874
5'/4
100
preferred—100
Pwr
*8
.;, 300
77:;:
153/4
15%
X47
-
-
7; 7
26
69V4
5%
,100
preferred
preferred
357# Jun
29
Feb
183/a
fc
/<yl5% Jan
11
106% Mar
partic
Eiec
Va Iron
5
xl84/« Mar 17
—
197s
177s May
32'/a Jan
57% Aug 16
137b Aug 23
*30
100% Apr
Jan
13Vs
19
$5
38% May 11
34% May
3
39 V4 Apr 26
323/4 Jan
Feb
div
Virginia
47
>
45
18%
*23%
♦24
1
Va-Carolina Chemical com—No par
July 12
57b
*25
,
*403/a
24%
12 V4
■
CL06ID
2.50
cumulative
53/4
113/8
133%
: 21 Vs
712%
?1%
:
EXCHANGE
--10"?
:
23%
non-cum
337b
55/b
25%
153/4,
,
10
1,410
:";Y7
10
;
72
*33%
777b
'*
t,:"/: Aug. 24
I per thare
STOCK
—2.50
new
-
10%
•613/*
Aug. 23
23%
3V2%
xl7% May
77b May
217b
•164
713%
5%
109
7s/B
62%
Vick Chemical Co
May 15
*175/b
'
io%r
13 Vb
Viclcs Shreve
*70
33
V
*11::-;
'*57% -; 58
/■'/ 303/8
303/8
47'A
^69'
;97a
«
2417?'
Monday
^1
there
Victor Chemical Works common___5
-
:
■
•
4%
.
21%
Vertientes-Camaguey 8ugar Co_"_6%
6
100
*893/b
92%
4%;
low
$ per
Co
5%
0%
.
,167-
♦613/4
Saturday
267. May 21
15% May 21
172 Vs
II'/b
72
'
■
90%
105%
771/4
18%
7%
10%
V"J Aug.
v'
$ per share
1 Q
47
-
1,100
'
1721%
■: 172%
4,100
;.,7
;
1051/s
8V4 •j 81/4
.
'
41
;
,
,
is
,21%
STOCK
EXCHANGE
15% May 17
r.
17%
♦164
100.
.,
Highest
106
-
•
243/4 July 14
13
Y
*7%
1
preferred
Range since Jan. 1
'Lowest
10
<29
5%
,10
i'*89 %
,,
Universal Pictures Co Inc com.—il u
4 Va % preferred
^100
70 / May 20
;
5,000
7
21
20 V2
201/4
53/4
45
500
95%
*94
951%
/
'
X25%
15%
„
.
J
47.V*.
134
18%;
STOCKS
Year 1947
-
Tobacco
27%
2,000
15%
Vi
*170
8%
44%
6974
41
•
I. ,26%Y25%
_^50
Laboratories Inc
Range fur Previous
,j Lowest
preferred.
153/b
27
;yii; /
30
•77%
-
133%
18%
5%
Paper Inc common—2
conv
69%
17
41%
'
Wall
cum
153/e
27
106
47
*88%
.
26%,
*94
,129% 129%
i47%.'. §47%/J
134
18%
Universal-Cvclops Steel Corp—1
:
15% May 21
;56:;teb 24
133%
Nopar
10
United
1,300
v7
-42 7'7: 77
25
;.V
78
•41
23V2Jun .8
170
'July 19
76%
100
com—
8,500
207b
20
58
447b
1283/4
300
;
207b
*68 Vs
"
No par
preferred
89
44%
X'.Y'.'Tj-^^''1
54% 754y8
33
297b
•
7-
70
7b'
2,800
K
42
;
; :r *70
?57.%
,
-
12874
70 7
"
;
■/'
88%
45
/
25
21
10% Jun ,11
17
Feb
150
15
Jan
20
Mar 16
19
9
58
293/b
128%
70.
/
15%
47
.
21,100
7
547b
72
*8 V*.
.;
120
7-
3%
453%
6 "7
42%
;/5%
15%
.
3%
.7.
48%
3%
15%
►
,25%. 25%
48
*57%
,■
5%
•
153/4
->8%
*46%
315/b
United
12% May 26
29
*32%
26%,
15%
;.
8%
57%
.?
..
48%
45Vs
*5
77 200
7
4,400
37b
451/2
6
100
333/4
33/4
21
33
.
800
1,500
247t
54
20
*70*
*32 ;7i
.77'
243/4
21
*170.v/i72%
j
11 Vb
70
.42 Vb
i //:
:,/ iv11
■K
5%
5%
4,
f
common
non-cum
17.2%
22
10%
49%
31/4
<
"
7
22
37a
*5 Va
105%'107
tl -.Y
7 >7 •'• 600
*24 Va
;//95%;
19/
72
•
*68 yg;
:
15%
'
100
9,800-;
*333/4 .•34»/4
.
*/ 45 '
-.70
15%
72
3,400
.133/4
34'/4
?.
3 Va
3'/4
Y;
11
33/4
,
109
137b
34'/4
*48
.49 Vx
453/a.
:>6
<•94
19
•25V2
15%*
♦57%
Stockyards Corp
—_l
United Stores $4.20 non-c 2d pfdL_5
$6 conv preferred—
Nopar
6% May-21
11
Jan
7%
95
*170
48%
;50
Gorp
i
'/y27. r'/;.27.V /
107
5%'j
1—1
preferred
:/•
'
._lo
preferred
Steel
://.*33
:37a
21%
■:
153/4
27
*1053/4
26%
44%
333/i
3,800
2,500
1,200
'
27
'108%
22
s
'
:
54%
'•/-
•89
22
v-V, 10 Vs
II *3374
11%
413/4
33
128%
21%
8,500
7 V"
'
'265/b
/
72
34%
120
35 Vi
'35%
13'/4'.
Va'
91%
49%
20
1
34'/b
267b
t 107
13Vb
72s/a
333/4
7"
81%
91%
72
-413A,
*32 %
10
107
-y
777
96%
49
:/■
2,500
7
18,100
;
81%
333/4
26%
;■;?
*92
Y
82
337a
13%,
♦207b
33
100
35
45%;
.
/;
*47
—100
35
3%
•
;
series Ar
35 % Y
1-754 -ii,
72
15%
49%
.;/ 3%
.
547b
7
:
92
49'/*
•
207b
*70
>*8%
:
/ 90 Vs
96 Va
*80.
1,700
41%
105
'104
49 %
*33
41%
72
5 Va V.
'
i,
41 Vb
105
92 Vs
•/
6 ?
33
_10
* 92
;
24%.
*183/4
41%
v
r:
»48 %
n.%
>7tt
•25%
40 Vs
.
Va
r-
'24%
95
Y
:
*104
♦68%
26%.
11%
Vi,
si
6%
^153/b
'
96
3 .4
*33
54 H
-
40
105
"
26%
•
207b
•,
172%
.
34'/4 7
24%
41%
-
193/4
107
34V4
/•ll .a:
3%Y
24
' 7 96:v':"V
%
343/4
:70. /
*68%
..
.4
42%.
■
343/4
I
,
108%
:
45%. <■
♦6
70
*183/4
2,000
18 Vb
49%
45.%.
24%
.
700
13'/a
213/4
11%
34 %.•
Y : 3% x/
.
6%
:
.j:
10%
53%
13
26'/a
'•>
21%
r*48
•3%
*95
■
,
,
37B
45%
;
10%
53%
333/4
33%
'♦41%
—20
common
U S Tobacco Co
42% May 20
93
S
7%
zt
30
600
;
:
131/4
X717b
3,3/4
XJ S Smelting Ref & Min com—-50
7%
93/4
IOVb
91V*
-
f
•74
.21%
..
vfyV/W-k:yh-'■■■
16
74
,11%
6
No,par
:Ji
1st preferred..
non-cum
*9 '/4
7
53
*106%
,:.»33%,
>•68
'
prd
93/4
200
28
*267b
300
200
10 Vb
34%
3%
No par
common
preferred
cum
*9%
6%
13 Vb
49 :
33%
v/7 .24
No par
Pipe <k Foundry
U S Playing Card Co
U S Plywood Corp common
3%%
28
7
100'/a
6%
•
53;
40 Vb
:
13%
X34V4
3%
■
US
13
*26%
«'
•>
*97%
Va
10 Va
*92
26%
11%
•45 %
•
•
;
,
109
:.v
34%.
48
.$
■.
,100
Partic & conv."lass A
US Lines Co *ommon_i
.
,
28:
35
°33%
,
6
13 Vb
495/b
3%
•
_i—100
Co
34
*6%
81
33%
;»-h
20
preferred-
US
6,500
'
53
•
34%.
•♦106'/a
Y 13
.
'•33%
U 8 Hoffman 1 Machine. .Corp—»
4 % %'
34
9%
♦104
92
1.
...34%:
267b
Y--21
7 11%
•
—No par
No par
preferred
9
Jan
Inc
1st preferred
42% Jan
*
343/4
273/4
■
2,600
21Vb
10%,
96%
89%
15%
■
4
110
17
74
20 7b
53 i
.82
34%
26%
'
; Jun
101
X16
*97% '100'/a
-
Y"
•40%
49 %:,.;. Y ■ ,491/4
15%
1%
6,300
'
35
9:%,
1,400
9
101
17%
21
•
Y ...34%/
90%
,74.
.21%
Jl
U S Freignt Co—
US Gypsum Co common—
76
rj
37
Ci35»^V'
conu^-l
<
177b
•
;104
.
34
203/4
United Mevch & Mfrs
'
87B
.2,800
143/4
17Vs
207b
,
Vs
14%
*16 3/4
20%
*26%
11
11%
300
2,600
/'
,1Y 1,500
143/3
177s
35
.V.,82;
■;.
,
JJ S 3c Foreign, Securltles^iNOfpar
2
Jun
14,500
v,
x8%
8%
*1003/4 101 -
101
343/4
40%
.5478
9
179
:
83
,
203/4
$4.50
263/b
104
17%
*17
20%
35
♦92
;i54'.:.
9
11%
14%
9
♦34
53
.
,<104
•♦73%
V Unitetf Fruit .Coi
fio par
United Gas Improvement Co
13%
24V4 May 15
11"
40%:./.
13%
United Ejugineering & Foundry..^-5
Jun
Vs
11%
18
3.4%
i.
108'/a
11
32% May 15.
14%
13%
96%
12%
,
May 24
11%
f
135/b
103%
26
No,pan£
'United Electric Coal Cos_^
3
51
13%
•34%,
•106%
22
101
168% Aug 11
11 : Aug|24-
Dec
May 27
50 Va
10%
x53
;
100
preferred.
10%
13%
*10
'-4—.,.—^-8
United Dyewcod Corp common.^-l
7%
preferred
*_T100
21% May.26
••.
11
92 Va Feb
,
cumulative
10%
53
49
•
$3 "preferepcet-
*
51
7. 9%
9Vb
.
i.100
common
82Va Apr
28% Jun
23
20
15% Feb
Feb
33%
*
16%-Feb 27
,
,9
50
35
*97%' 100"%1 *
863/4
•
8
preferred
Air Lines Inc
%
34%
■
Nopar
58'/a May ^7
27
j
Jan
50%
17%
28 Va
?*8Q
V
:
46% Jun
.
13% Mar 10
196% Mar
Dec
71%
48
21
20% Feb
Oct
107%
May
•
i
13
37% Jan
v
Feb
.23% Oct
106 7 Jan
Dec
9
>
61% Mar 17
'24% Jan
19%
26
:i.
*33%
■
♦26%
40%
;Uni'tea-Carr Fastener Corp^t.-No.pat'
United Cig-Whelan Stores com_i30c
; $3.50 convertible preferred-,—.iJOOUnited Corp common
___1
3% May 15
47% May 20
-
16% Feb
•
59% July
Dec
12% May
171
55'
,'.
13
203/b
1007b
26%
103%
United Board & Carton Corp__*_10
United Carbon Co_
t
No par
7
20 Vb-
6Va
'•92
new^50
com
United Biscuit Co
r
26
104
,
*6%
/MVi,
..
par
Corp common
convertible
4 % 'h
:
5% July 15
11
Feb
.
4% Feb
Jan
19%
44%
86 i
July
Aircraft
5%
2
8
2Va Feb
United
f United
6
'36
s
Pacific RR Co
Preferred ine»/
Union. Tank fCari___
35% July 12
:
"May 10.
.
40
'
20/
91
Mar
46
-
Aug
15'% Jan
'
27% Feb 20
Pel?
5.
29.
53% Mai*
Dec
65% Dec
11 V« May
33
Feb
-
iUnion
90Va.-Mer.22
23
22
—No par
lPreierred ^.50 serlM--^4_No par
Ol
California^ /
7, -28
.2
'
Dec
Dec
5 %
Jan
-
Paper
_
3
19% Apr
34
100 Vb-
9
100
263/b
18%
13%
Un E) Co of xMo. pfd $4.50 ser—No
par
Preferred $3.70 series
No par
»
257b
100
26
*25%
201/4
8 3/4
.21%
53
5
Union Oil
2
110% Jun
*,
10% Aug 26
35
33%
Jan
*
26%
26
1,500
104 3/8
*17
101
17%
6%
10
No par
Union Carbide & Carbon new_No
8
30% May 19
11% Aug 11
Apr
Nov
9
.7
417/f Jun
.6
26%
50
/
26
Apr;
^8 % vJutt
.
31% Jan
10
24%
Union Asbestos & Rubber Co_
Aug 25. 7
90 7J«n £4;
21% Feb ll 7/ 38% July 6
85
July 19
<
96%.JuJy4T
497 Aug 10
'» 51% July 8
22% Feb
Sep
15
15
fUdylitp Corp
81
Dec
Dec
120%
Jim
/ July
Jun,
26
600
3
v
20
8%
207b
9
3
.
{The)
Underwood Corp.—
98 7 Jun
..*
-
3%
14%
17%
26%
i
// *3
83/4
•
•104
14%
*6%
-
90%
20
11%
18%
34 '
57
90 Vb
*49%"
;
21 Va
*97%
*
*8
57
104
19%-
14'/a
*17
100%
No par
;•:'
900
87b
28%
104
20
.11%
..:
100%
preferred
Jan
110
9
22
18
S 26
40
500
213/B
*Sl %
11%
50
100%
Twin Coach: Co
43
18
Feo
110
Dec
Dec
18%
j
91
..
;28%
-.Dec
15%
75
»
,1047/Jutt
27 7
Aug 11
.'
103% Aug
Sep
49%
28
; 20%
*25%
1,600
9
,,
563/4
91 %
563/4
3
«
9
21%
therm
8
42%
*90
56%
3
28%
8 %
preferred*,
yl_
3%
104
8%
^5
9
*8
2S'-Y 26% -Y-
8%
No par
com
:
8
*40%
<
tee
the Weeh
I per there
8
42%
:
■sIm
Friday
•'
1
—
—_
Film
Y'
No par
prior
Bag Si
91%
8
8%
56%
25 Va
14%
conv
Union
•55%
♦90:
9
•
91%
50%
*27
$4.50
■
21%
103%
v'Yvr 19%
20
11%
._o
Twin City Rap Transit com__No par
5% conv prior preferred
-50
39% May 26
s
21%
■,
*25%
•
103%
,50
par
*8
■
26%Y 27'/8
£
16Vs Jun
11
21%
*55%
••■••3%
28%
29%
Inc
59
i,
*,•
'
25 % May
*8%
*90
V.
3% '.'3%:
♦25%
No par
Air
••'Y
8%
56
-91%
103%
8% May 27
32% Jan 21
.2
9%
9%
5
12
.
Marl6
9% Mar 16
,
*40%
21%
-
lo
com
14% Jan
9% Apr 30
Feb
8%
42%
*9%
No pax
u
11
8%
♦40ya
20%
*8
$1.50
'5
8%
9%
'
.
Aug. 27
I per there
42%
*40%
21%
55%''
Thursday
Aug. 26
I per there
.
■■'..■
■■■
FRICRt
Wednesday
Aug. 25
,
8
40%
-91%
No par
1
Fox
Tuesday
9 Vb
No par
com
Corp
,20th Century
■ALB
Aug. 21
21%
100
Corp L-1
preferred
CLOSED
par
Nonpar
Bearing
Trl-Continental
11
/
17
Aug 23
•
com
,
Transue .& Williams Steel—No
.
HIGH
; $ per there
.
g
40%
15
;
Transcont'l & Western
,
5
4
Roller
Transamerica
25% Mar 31
.
//■ 36% Jan
27
Jun
7
107% July 22
19% Aug *5
7
16
5% Mar
24
Timken
22% Mar 11
2
R)—
preferred
cum
'
g
EXCHANGE!
1
,$3.75 prelerred
'Timken Detroit Axle
23% Apr 11
10% May 15
v
12% Mar 16
33
Jun
16
11
17% July 30
<
.51% Feb;
•
22
Corp__No
'/Tide Water Associated Oil
May 21
13% Jan
21
5% Feb
97% Mar
Jan
104
:
30' *:Nov
l9% May
Jun
15% Jan
.
Nov
38%
48
7
Dec
7
12
Jan
Nov
7%
Dec
34% Aug
93
27
22%
'
•; Dec
21%
10% Feb
112%
May
5% May
99
Jan /
20%
14
Mar 16
$3.50
5
STOCK
_-50
(The!
preferred
Monday
Aug. 23
$ per share
1
AND
'
Thompson-Gtarrett Co
May 15
32% Jun 15
15% May
40% May
Co
Products
4%
Saturday
Aug. £1
f per share
1
preferred
Thompson
/
/
For
.
common
conv
(J
29
May
Co
div
Thompson
16
LOW
.
*
Avenue Transit
Thomas Steel
59% May 26
95% Jun
7
$2%
Third
,
8
-
Id
■■v
.7
' 9
10% Jan
1% Mar 11
39%
-
Feb
Thermoid
<9
13VaARr
7/24
£ 6
Feb
7%
May
47% Jan
.
•
EXCHANGE
<■
10% May 15
19
8% May 10
39%Feb 11
Jan
106
./•;
3% May
Mar 16
40% May 11.'
Oct
16%
Sep
Dec
Feb
24%
May
v
85
8
Feb
%
14% -Fet(
Jan
,
38
'
Aug "7
163/4
13%
V 60
.'Dec
6%
' "
-
STOCK
,
45
.r'
25
10%
3/.,
97
.
;•
103/4
* 25 %
'
22% '/.
223/4
*10%
10%
26%
25%
26%
26
26
26 V4.
187B
*18%
1,700
.10%
10%
1,300
.
15
25%
,
96 Vs
10%
10%
7,100
*24 Vs
25%
100
26%
243/4
15
96 Vs
243/4
253/4
*25%
18 7b
60
23%
*23
14%
10%
*24 Vs
600
105
*103 Vi
97%
103/4
143/4,
♦96 Vs
25 VB
-
*25 Vs
26
500
18%
♦18%
18 3/4
100
25%
i
25 Vs
3,200
.1
j
.•
:
: •'
80
1,800
,
|
STOCK, RECORD
NEW. YORK
Range slnee Jan. 1
Year 1947
10
80
Deo
I ft
7
Dec
90.;
21% May
34%
Jan
19% Mar
13% Feb
Deo
105
112%
No?
103%
Dec
106%
Dec
114
112% Jan
116% Aug
Jun
4
July 30
6%
110
103% Mar 29
105% Feb 11
113
Jun
9
104 % July 16
107
Jun
18
32% May
47
113
38% Feb
Jan
5% May
10%
38% May
75%
9%
Jan
32%
9% May
2
10% May 18
46% May 20
Western
16% July
9
22% Mar 12
36% May 21
5
4%
38% July 12
11
28% Feb
Feb
18% Feb
11
27% May
38%
Oct
32% Feb
13
22% May
31
Dec
25 % Feb
11
33 % Jun
17
%> 90
Deo
May
/ 04
Mar
26%
Sep
Mar
5
5%
28%
29
28%
29
82%
82%
82%
83
83
23%
23%
23%
23%
23%
23%
23%
23
23%
1,900
17%
17%
17%
17%
4,400
111
*110%
111%
130
117
116%
17%
.
111%
•110%
112
•110
111%
116%
*116
117
♦116%
117
110
109%
106 %
♦106
88
Deo
105
Aug
85% Feb
11
94%
Deo
91 % Feb
11
30
Not
106% July
55
Jan
29% Feb
16
40% Jun
9
34% Feb
7
57% Jun
15
Jan
0
;
98% Jun
14
$3.75
8
: 115
109%
106 %
*105%
106 %
*105%
106%
20%
20%
XJ9%
20
46%
*46
46%
*46
20%
.
*45 %
46%'
♦38%
39%
39%
39
10
100
10©
12%
13
12%
•67
*32%
71
20%
36%
36%
36%
27%
28%
27%
27%
100
100
•88%
91
96%
97
12.80
*31%
*88%
97
103%
103%
50
*7%
7%
600
7%
*12%
33
34
*32%
34
71
*67
*65
20%
>6
May
82%
<
31
76
Deo
85
29%
19% May
./• 80
'
*
Feb
£ 17% Feb
9% May
July
29% May
6% May
i
•
Feb
34 >
12% Deo
Mar 18
j
Feb 20
>
.
9% Feb
Feb
90
Mar 16
*53
..
•••>••
•.
27% Jan ::7 f-
/
22% July
36%
36%
37
27%
27%
28 Va
90
89
89
90
*88%
97
*96%
97
96%
w
97
.
;
.$4
•<
Machine
preference—
33%
46%
19
138
Oct
99 :
o
Oct
Not
19 •: Not
145% May
11% Dee
83
May
Mar
Mar 30
15
93%
94
♦93
33%
♦31%
45%
*44%
93%
45%
600
93%
*93%
93%
160
*106%
113
8
(Jan
19
«.
i /
:
51%
126
?
.
Feb
Motors
9%
85
XO~/4
15%
15%
16
132
100
preferred
It
18
(now)....
Oo
Woodward
Iron
Woolworth
(F W) Co
.
78
Dee
83
3
94%
Apr
69
100 <
Feb
25% May 15
Feb
Deo
80 ;
88
Not
70% Mar
8
May
11%
58
-
.
'
60% Mar 19
8/Mar
Feb
94
45
Jan
27% Feb 21
34% Jan
16%
Feb
10% Feb 27
60% Mar
38% Mar 13
14% May
83% May
23%
15% Feb 21
83
Oct
65% Feb
If
21%
Feb
14% Mar 18
May
Oct
2
48
23
July
27
Tork
Corn
36%
*35%
36%
/
46%
46%
46%
4,460
20
19%
19%
19%
19%
19%
3,100
69%
690
79%
120
20
*85
66
•66/
69 /
79%
90
♦85:
90
66%
*66/
66%
*9 %
9%
9%
28%
69
66%
•9%
9%
; /
80-
69
28%
88
•
80
*85
79%
/
*79%
69%
69 /
9
87% July 12
*43%
cum
13
12%
45
•43%
21%
81
17%
*21%
21%
79%
Wo pa*
,
28
28
/
13
?oungs town Steel Door
X19% May 27
9%
9%
28
Mfg Co.
common
preferred.
Toung Spring A Wire
No par
Youngitown Sheet A Tube—NgiWar
4%%
May 25
•
A Towne
Tale
16% May 24
83% Ant
,
90
66
17%
80
16%
29
*28
28
12%
12%
•45
*43%
/
21%
22
12%
12%
*43%
45
29%
500
12%
/
12%
800
43%
21»/4
700
21%
21%
9%
.
43%
*28%
12%
44
■
21%
21%
25
•Bid
asked
and
July
10%
35
19% Feb 11
Jan
4% Aug
prices;
no
sales
on
Zenith Radio
July 12
80
80%
81
:/• 81%
2,200
17%
17%
80
17%
17
17%
*17
17%
500
'
tin receivership.
this day.
IlEx
32%
31%
4%
*4%
4%
Corp..
paid May
liquidating dividend
$40
.
32
-Nopas
Corp
Products
Zonlte
6% May 19
9
100
80
80%
rz14% May
f% Jun
5,300
.
46
82
66
133
*35
71%
>
•
36%
35
•83
Prior pfd
15%
*126
'
10.
a
Deferred delivery,
31%
31%
30%
31%
29%
30%
2,600
4%
32
4%
4%
4%
4%
4%
1,400
4%
r Cash
x Ex-dlvldend.
wd When distributed,
a Special Bales,
sale,
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stockt,
Week Ended Aug. 27, 1948
Stockt
tnt'l
United Statei
Foreign
Bank
Government
Bond
Bondt'
Number of and Mitcel.
Sharet
Bondt
Bondt
Bondt
(Number
Total
8alet
Railroad
of
Week Ended Aug. 27,
Share)
1948
Domettie "
■
Saturday
Monday
Saturday Closing
-
-
Saturday
208,725
Bonds (Par Value)
Foreign
Foreign
Government
Corporate
*630,000
$2,265,000
$240,000
$25,000
*620,000
2,395,000
220,000
15,000
*$2,530,000
*2,630,000
Wednesday
Thursday
Friday
*520,000
1,923.000
170,000
7,000
*2,100,000
Wednesday
136,280
$5,000
5,000
28,000
20,000
39,000
$1,000
1,000
$145,000
270,000
117,000
137,000
113,000
«Q7 nnn
«■? nnr»
£789 nnn
88.000
*540,000
1,850,000
360,000
20,000
*2,240,000
Thursday
150,860
117,000
*540,000
1,760,000
270,000
2,000
*2,032,000
Friday
136,235
*2,850,000
$10,203,000
Monday
Tuesday
cno
Total
$1,260,000
$69,000
.//
1948
Stocks— No. of shares
"Z
;
-
$69,000
58,102,180
658,865,900
$721,356,580
Official figures
not
51,686,139
49,250,146
$55,083,000
Foreign government-
97,000
186,000
2,000
27,000
$35,385,000
6,424,000
1,294,000
$782,000
$4.£32,000
$43,103,000
$59,677,000
$672,415,200
•
figures.
662,430
$4,319,000
—
4,173,000
421,000
605,770,700
$13,444,60(
'
47,722,000
11.731.60C
27
1947
809,270
Domestic
16,143,000
3,606,000
620,000
1,090,00C
10,203,000
$11,532,000
TotaL
1948
Bondt
1,260,000
____
1947
Jan. 1 to Aug.
Foreign corporate—
$2,779,500
$3,0OC
foreign----------Railroad A Industrial
nnn
—
$683,000
Stocks—No. of shares.
164,995,901
$782,500
•/.
U. S. Government
International Bank
1948
1947
206,638,422
3,059,320
-,
73,000
crq-j
Week Ended Aug. 27
Jan. 1 to Aug. 27
1948
1947
*2,850,000
Bonds
onn
Total
*$11,532,000
Week Ended Aug. 27 ■ /
•
•Unofficial
117.170
——
Total
Saturday Closing
$140,000
265,000
Tuesday
/
500 vZ
200
15%
16%
*15%
15%
133
.
8
10% May
37% Deo
,
V
71 /<
Prior pfd
'
May 17
Ir
.
.
2,100 '
200/
14%
88
46%/ 46%
*80%
4%% series
108
4%V conv series—19f
96% July 28
Wright Aeronautical
No par
69
MS par
July 15/ Wrlgley (Wm) Jr (Del)
11% Jun 21
Wyandotte Worsted Co
1
Aug 24
Jan'.:0
19%
No par
Common
.*,
4 /
81% Feb
79% Aug 25
Dee.
83
>
*126
4,200
,,
56%
14%
90
1,000;
46%
46%
Worthington P St M (Del)—
18% Aug
1,300
_
55%
10
56%
,"16%
16
<
.
•83%
:85
*15%
15%
15%
•128%, 132.
•34% i 36%
'
9%
9%
14% ,14%
No pas
18
14
49%: Jun
100-
2,400
•28%/ 2913%
13%
29
<57.
57
A—No pas
Mo pas
37% July 12
0/
28
43% Feb 11
/ 20
55%
Wisconsin El Pwr Oo oommoa—19
6%
120
87%
25%
19%,. 19%
20
•28%
preferred
$4.25
>
2,800
52/
-
87
*24%
pav
Wilson-Jones Co
v
10 /•;. 18"^ (Jun. 10
#Jan 13
Mar 19 *xl38
113
*105%
113
13% ;'13%
94.50 conv pfd serlas
20
700
96%
'
o
Wilson A Co In& com
15 / Feb
'
Feb
/
'■
3,200
' 8,500
93%
•45
Prior
WUlys-Overiand
.May27
65% May 15/
Z
9
Deo
35
43
;
12% Feb 11 tu'17% May 17/
81% Mar 25 i : 88% Jan 21
Jan.
20
Jun
19% Deo
/ 51
Oct
17
.12
6% Mar 17
Feb
13%
64%
•
/
*31%
33%
*31%
46
■
6% May
81% Sep
10% May
89% Deo
.
t
33%
1
Co
Motor
conv
,
45%
•32
preference
Wilcox Oil Co
•
19%'Jun 21
/
Febll
23 /
Jun
30
*
•106%
,
;
*96%
White: Sewing
;
8
July 30
126
2
*93%
White
28/
24% May
i
27
Aug
5
Jan
92
27% Feb 26
9
'
•
JNopar
preferred.
4,200
20%
27%
♦88%
94%
46
No par
Wheeling ic L Erie Ry com
100
Wheeling Steel Corp com
No par
./ 85 conv prior pref—
No par
White Dental Mfg (The 8 B)
80
July 21
56% July 13
Jan
r
23
*
s
83
18% Aug 24
•
;
37
Oct
101% Mar
34 *: Feb
26% May
Z 84
Deo
53%
May
90
-
102% July
Deo
62% Mar
;
Dec
-
71
20%
20%
Westvaco Chlorine Prod—
43%
1,000
36
27%
800
13
*32
*32
36%
//
39 %
*39
34
91
46
33%
19%
46%
13
71
27%
500
19%
39
34
36%
300
106%
*105%
Z *45%
13
*32%
20%
20%
70
40
620
109%
38%
13 %
*67
20%
19 %
36%
12%
*7%
35
.
•32
'
20
*
39%
13%
*32
34
*67
7%
190
116%
103
105
105
106
39%
13%
71
/
*109
*7%
35
34
*32
*105
106
*33
35
*32
No par
100
Instrument
Elec
108%
7%
Common
Weston
109%
7%
Westlnghouse Electric com
3%% cum pfd series A
3.80% cum pfd series B
95% Apr 23 *
101% Jun 11
110
109 %
3,400
110
*109
110
109%
*19%
46%
*45%
'
110
110
106
r
19%
19%
111
*116%
108%
*109
110
108%
class A_No par
Brake
No par
Air
Westlnghouse
17%
17%
17%
5
5 ;5
111%
Western Union Teleg
9
17%
17%
/
:
116
8
com
5%
1,200
28%
7%
A
series
Preferred
72% Jan
RR
Pacific
Western
15
26
May 19
39% Jun 14
65
3,000
82%
/i/.
*104%
Co
500
18%
28%
5
1
Supply
Auto
19%
17%
82
106
Maryland Ry com
non-cum 2nd pfd
*19%
28%
5
•104%
Western
7% Mar 17
19
20
27%
com—No pat
100
Western Air Lines Inc
18%
18
81%
5
-28%
8
preferred
4%%
18%
22%
23%
100
100
Coke
&
West Va Pulp & Paper
14
v
Deo
42%
■
15
14
Coal
Va
6% Jan
Dec
86% Dee
51% Jun
110% Jun
pfd
preferred series B
4.20%
West
34% Feb
Jan
May
4
14
100% Feb 25
Oct
Deo
20
18%
■
82
*4%
-100
100
.
West Penn Power 4%%
22% July 14
16% Apr
105
preferred
preferred
7%
23
there
9 ptr
9 per there
fheret
81%
conv
119% Jun 22
15
*113% Apr
Jan
1
19% July
13
104% Mar 16
117% Mar
121%
3
I p«rthare
the Week
22'A
18%
22// 22%.
27%
CLOSED
Inc
§
Snowdrift Co Inc_2.50
preferred
No par
West Indies Sugar Corp
1
West Penn Elec Co (The)—No par
Class A
No pa*
$4
2
26% May 21
86% Jan
13
80% Feb
Feb
•22%
■EXCHANGE
1
•18%
18%
•18%
Wesson Oil &
5
34% Aug
.
Webster Tobacco
6% May 24
4% Aug 12
27% Aug 23
83% May
2
30% Jan
17% Aug 27
..
tot
8 alee
Frl8ay
Aug. 27
Aug. 26
Aug. 25
'
$ per there
9 per thare
/
STOCK
Knitting MillsWayne Pump Co
Wayne
2
21 % Jan
Mar 16
17
Feb
41
Feb
12% Jan
f per there
f per thare
I per thare
26%
Sep
Aug. 24
Aug. 23
'
9 perthare
I perihart
*
Aug. 21
Tbareiay
Tuesday
Monday
fatertay
EXCHANGE
Highest
Lowest
Richest
Lowest
AND HIGH 8ALS FBICX8
Wednesday
LOW
/Z:,/.v' STOCKS /■//
NEW YORK STOCK
Range tor Prerlmu
Monday, August 30, 1948
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(862)
26
^
•
-
available.
<
1
1
"
«
,
Stock and Bond
Below
listed
are
}
•'*'
Averages
the daily closing averages of representative
stocks and bonds
the New York Stock Exchange an compiled by Dow,
on
Bonds
Stocks
10
10
30
Indus*
''
trials
Date—
•*
*; •/!■' Aug.
21
20
Railroads
Total
15
Utlll-
65
Stocks
ties
10
Indus-
First
Grade
trials
Rails
Second
Grade
Ralls
10
UtiUties
Total
40
Bonds
Closed
Closed
——
Jones & Co.
Aug.
60.10
34.67
67.94
100.51
102.78
90.08
101.73
S8.78
182.58
60.90
34.66
68.35
100.56
102.73
90.03
101.74
98.77
25
182.41 ;
61.00
34.56
68.31
100 65
102.66
89.96
101.68
98.74
Aug.
26—
>60.75
34.63
C8.28
100.71
102.70
89.95
101.73
98.77
Aug.
•
181.75
24
Aug.
/
23
Aug.
/
.
27—
89.96 /101.63
///:-'/•'/'/ ^
98.76
'/'■
'
-
182.52
183.21
'; 'r
61.44
■' /'"Z/,://
/
34.82
68.69. 100.61
102.78
/".•'/"''?■ /Vv.
■
THE
Number 4729
Volume 168
COMMERCIAL
Bond Record
the
for
and when outside of the regular weekly
week,
The italic
.
"and Interest"—except
are
In the
letters
column headed
Income
range
and
shown
are
in
In
each
in
deferred
and
Cash
footnote
a
indicate
WEEKLY
-
defaulted bonds.
"Interest Period"
(863)
CHRONICLE
FINANCIAL
New York Stock Exchange
coi
FRIDAY
NOTICE—Prices
&
week In
the
the
case
YEARLY
-
delivery sales
which they occur.
when the bonds
month
Figures after decimal point represent
one
or
-
more 32d
of
Lowest
V
_
Highest
Lowest;
;
point.
a
Feb
105.28 Mar 10
111.23
112.6
Feb
106.13 July
107.20 Mar 10
108.28 May 17
—
Dec
May
114.8
May
—
—
114.8
—
—
■—
—
—
Feb
Feb V 102.22 Feb
104.12
102.22 Feb
2
2
'
—
—
y
104.24 July
104.14 Sep
101.11 Jan
104.18
Apr
100.24 Mar 13
101.11 Jan
7
101.19 Jun 14
100.25 Jan
7
101.26 Dee
104.4
Jan
100.23 Jan 28
100.26 Apr
101.27
104.24 July
f 104.23 Feb
'
—
Dec
7
101.19 Jun 14
101.24
Dec
104.10 May
101.24
Dec
104.15
Apr
101.7
101
Dec
103.20
Apr
;
2
100
101.19 Aug 19
102.12
Apr
102.12
101.12
Dec
102.6
102.4
July
Apr
102.23
'
Apr
101.20
Dec
102.25
Apr
103.1
Apr
101.22
Dec
103.2
Jan
101.28
July
103.4
July
—
100.26
101.8
CLOSED
1958-1963
107.26
♦107.22
107.26
♦107.22
107.26
•107.22
107.26
•107.26 107.30
♦107.26
107.30
*107.22
107.26
*107.22
107.26
108.2
*107.30
108.2
<
♦107.30
108.2
*107.30 '108.2
*107.30
108.2
•100.3
<
•107.22
107.31
•107.30
1948
10T.27
•107.27
1960-1965
2Vis
2Vis
2 Vis
2Vis
2Vis-.
2 Vis
2Vis
2Vis
•107.23
100.5
♦100.3
100.5
*100.3
100.5
*100.3
100.5
♦100.3
100.5
♦101.27
101.30
*101.27
101.30
♦101.27 101.30
1949-1953
•101.28
101.31
♦101.27
101.30
1950-1952
•102.25
102.28
♦102.24
102.27
1952-1954
•1Q2.24 102-26
•102.23
102.25.
*
102.27
*102.24
102.27
*102.22
102.24
*102.21
102.23
♦102.22
102.24
_„___1956-1958
•103.1
103.3
♦103.1
103.3
♦103
103.2
♦102.31
103.1
*103
103.2
1962-1957
•101.8
101.10
♦101.8
101.10
♦101.8
101.10
♦101.8
101.10
♦101.8
101.10
1963-1968
•101
101.2
•101
101.2
*101
101.2
*101
101.2
♦101
101.2
1964-1969
•100.24
100.26
*100.24
100.26
•100.24 100.26
*100.24
100.26
*i00.24 100.26
JDe'c 1964-1969
•100.24
100.26
♦100.24
100.26
*100.24
100.26
♦100.24
100.26
1965-1970
•100.24
100.26
♦100.24
100.26
♦100.24
100i26
*100.24
100.26
♦100.24
100.26
1966-1971
•100.16
100.18
*100.16
100.18
♦100.16
100.18
*100.16
100.18
♦100.16 100.18
100.10
•100.8
100.10
*100.8
100.10
♦100.8
100.10
Jun
♦100.24
100.26
*102.24
♦102.24
102.27
101.7
*101.5 " 101.7
*101.5
101.7
100.10
*100.8
100.10
*100.8
100.10
Treasury
Treasury
Terasury
Treasury
2%s
1951-1953
•103.5
103.8 Y
♦103.5
103.8
♦103.5
103.8
*103.5
103.8
♦103.4
103.8
2 Vis
1952-1955
•101.27
101.29
♦101.27
101.29
♦101.25
101.27
*101.24
101.26
♦101.25 101.27
*103.30
104.2
*103.30
104.2
♦103.30 104.2
'
,
May
Feb 11
3
;—
101.18 July 13
101.19 July 13
—
.—
100.16 Apr 14
1
-1954-1956
•103.30
104.2
1956-1959
•101.18
101.20
♦101.17
101.19
*101.16
101.18
*101.16
101.18
*101.16 101.18
1959-1962
•100
100.2
*100
100.2
*100
♦100
100.2
*100
*100
Y 100.2
100.2
Dec
1959-1962
•100
100.2
♦100
100.2
♦100
100.2
160.2 *
*100
100.2
Dec
1948-1950
•100.11
100.13
♦100.11
100.13
•100.11
100.13
*100.10
100.12
*100.10
100.12
Jun
1949-1951
*100.21
100.23
♦100.21
100.23
*100.21
*100.20
100.22
♦100.20
100.22
Sep
1949-1951
•100.26
100.28
*100.26
100.28
100.23
*100.26 100.28
*100.26
100.28
*100.25
100.2/
Dec. 1949-1951
•100.31
101.1
•100.31
101.1
*100.31 101.1
*100:31
101.1
♦100.30
101
•101.2
101.4
•101.2
101.4
•101.2
101.4,
*101.2 ,101.4
♦101.1
101.3
101.7
•101.5
101.7
♦101.5
101.7
♦101.5
101.7
♦101.4
.101.6
101.7
♦101.4
Jun
2s
2s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
—
101.19 July 13
2Vis
Treasury 2s
Treasury 2s
—
♦103.30 104.2
Y
2 Vis
Treasury
Treasury
101.26 May 18
Aug 19
2Vis
Treasury 2 Vis
Treasury 2 Vis
tTreasury 2s
101.13 Mar 22
1
100.11 July
1956-1959
*104.3
*100.8
—
—
Apr
104.6
104.6
•101.5
—
101.14 Apr 16
—
__
Oct
*104.3
107.16
♦104.3
100.10
—
101.3
104.6
•107.12
104.6
101.9
—
—
Apr
102.30
*104.3
107.17
•104.3
♦100.8
100.2
2
101.10 Apr
May
104.6
*107.13
♦101.7
—
—
EXCHANGE
100.10
—
.
107.16
1951-1954
*102.22 102.25
100.10
100.4
4
Mar
•107.12
101.10
—
—
107.16
•101.8
—
—
•107.12
•100.8
—
102.24 May
105.8
1955-1900
107.16
>107.12
•100.8
—
Dec
*105.5
27/bS
2%s
STOCK
High
1967-1972
—
100
105.8
1967-1972
__
Mar
102.25
•105.5
1967-1972
100.23 Jun
6
—
100'
♦102.22
105.8
Dec
100.8
102.24 May
102.25
•105.5
Sep
Jun
Apr
Sep
♦102.22
105.9
Treasury
105.17
103.19
102.6
102.24
♦105.6
10
Jun
Dec
Sep
♦102.21
105.9
♦100.8
105.17
105.18
102.25
•105.6
Jun
100.7
Dec
High
•102.22
Bonds(g)
Treasury 2 Vis
Treasury 2Vis
Treasury 2Vis
Treasury 2Vis
1
Mar 12
100.27 May 21
102.26 May 25 Y 102.26 May 25
101.7
High
1949-1952
1951-1955
Treasury 2
—
101.12 Jun
May 19
10Q.8
—
Low
3V«S
Low
102.13 July 13
—
Jan
the Week
Low
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
—
104.12
Sales for
Friday
Aug. 27
High
Aug. 26
Ang. 25
Aug. 24
Low
Treasury
Treasury
Treasury
Treasury
—
__
HIGH SALE PRICES
Thursday
Wednesday
Tuesday
Monday -Y
Aug. 23
Low
High
v.
Saturday
Aug. 21
Low
High
STOCK
Treasury 2Vis
Treasury 2Vis
105.28 Mar 10
__
YORK
Treasury 2%S
Feb
108.21
108.16
NEW
EXCHANGE
106.6
106.13 July
108.16 Dec'
/■
;
Highest
104.25 Sep
106.4
Dec
Sep
GOVERNMENT BONDS
,
Ranee since Jan. 1
Year 1947
transactions of
the year.
Yv
mature.
LOW AND
Range forJPrevIous
v---'Y-v ; -
disregarded In the week's range, unless they are the only
No account Is taken of such sales In computing the range for
are
Mar 1950-1952
2s
Sep
1950-1952
•101.5
101.6
*101.4
101.6
♦JL01.4
101.6
101.8
•101.6
101.8
♦101.5
101.7
*101.5
101.7
*101.5
101.7
2s
Jun
1952-1954
♦101.3
101.5
*101.3
101.5
•101.2
101.4
*101.2
101.4
*101.2
101.4
2s
Dec
1952-1954
•101.3
101.5
♦101.3
101.5
♦101.3
101.5
101.5
2s
1951-1955
2s
101.7
♦101.5
♦101.6
„19bl-1953
2s
•101.5
■
♦101.3
101.5
♦101.3
103.2
*102.30 103.2
100.12
♦100.10
100.12
♦102.30 103.2
*102.30 103.2
♦100.10 100.12
'
♦102.30
♦100.10 100.12
♦100.10
1953-1955
•102.30
103.2
1950
•100.10
100.12
96.22
96.22
*96.14
96.24
•96.10
66.24
*96.8
96.28
♦96.8 r
96.24
15,000
97.22
97.22
97.12
97.16
97.4
97.22
97.6
97.10
97.12
97.12
54,000
IVis
International Bank for
Reconstruction & Development
85
Dec
102
July
94.10 Jan 15
95
Dec
103.4
July
94.14 Jan 15
asked
price.
♦Bid
and
98.80 May IT
99.30 May 17
No sales transacted this day.
10-year 2 Vis
i 25-year 3s
„
or
Sale Price
Corporate Stock
■
1980 ...»
Bonds
Bid & Asked
at 100
15
a
r
Registered bond transaction.
High
Low
VV.kf
,
100%
29
No.
-
Low
s
>Y
ifg
J-D
—-—--
54
Range. Since
January 1
Low
High V
54%" I 7-fAi
*53%
55
*53%
*53%
"61%
-i'vY,;-'/
■
—
..V/-W.K
J-D
—
Bold
56
J-D
17
Bonds
Not
?Y"V*53%
J-D
/
18—
Week's Range or Friday's ••V
Bid & Asked y
tv
"
16
IVis Series No;
IVis Series No.
Last
Sale Price
^
1
15-
No.
IVis Series
IVis Series
107
,
•Y
„
*,
' *
'
No*, 14.————.————
1
Series
ix^/u^hY
102 A 102%
Period
New York Stock Exchange
January 1
No.
Interest
BONDS.
?
v.
J-D
Odd lot transaction,
Range Since
Sold
High
•
■
Dec.
Friday
Friday's
Low
City
on
Week's Range
Last
•
„
New York
Transit Unification Issue—
3%
Period
1972
tCalled for redemption
Friday
Interest
BONDS
New York Stock Exchange
*
1957
Y
__
,
High
60%
52
60
51%
60
53%
-
53%
47%
55
60%
IVis
Series
No.
,19—•
J-D
*53%
60
44
60
IVis
Series
No.
20
J-D
•53%
60
52
60
Series
No.
21
J-D
IVis
IVis
Series
No.
22
IVis
Series
No.
23—
J-D
24
J-D
IVis Series No.
IVis Series No.
IVis Series No.
Foreign Securities
,
REctor 2-2300
120
Broadway, New York
NY
J-D
*54
J-D
•54
No.
28—
J-D -Y " Wfc
Foreign Govt. & Municipal
|AGtd sink
AGtd
fund
sink
Akershus
6s
fund
1947
4s
♦61 Vi
1948
6s
(King of Norway)
f AAntloquia
F-A
A-O
*61%
1968
M-S
74
60%
60
74
65
65%
9
64
No.
29™
No.
(City)
s
92%
assented
AExternal sinking fund 6s
1945
J-J
32
313/s
32
5
31%
40%
f 7s
series B
1945
J-J
32%
31%
32%
11
31%
40
1945
J-J
32Vi
31 Vi
32 Vi
6
31
40
32%
313/8
32Vi
10
A 6s
AExtl
assented
—
sinking fund 6s
s
lAExternal
s
f 7s
series C
s
f 7s
scries D
1945
J-J
31%
40%
A6s
1st series
1957
A-O
*30
37
313/e
AExtl
series__1957
A-O
*30
39
31%
32%
40 %
f 7s 3rd series__1957
A-O
*30
37
31%
40%
ARxternal sinking fund
lAExternal
s
AExternal
sec
AExternal
sec
AAntwerp
f 7s
s
s
f
7s
2d
(City) external 5s
Australia (Commonw'lth)
•
10-year
10-year
20-year
20-year
1958
J-D
5s of '25-1955
92%
J-J
92%
1
73
59
97
F-A
*92%
95
87%
J-D
*92
94
87%
93
3%s
1967
J-D
3%s
15-year 3%s
1966
J-D
1962
F-A
Belgium external 6 Vis
External
s
External
s
fABr&zll
(U
f
1949
f
7s
S
of)
90%
85
2
!
liivi
J-D
91%
83%
38
99%
104Vi
8
106%
109
16
107%
114%
♦58
62
(Int reduced to 3.5%)__
A-O
♦43%
44%
A-O
*58
72
—
Stamped pursuant to Plan A
(Int reduced to 3.375%)
-1979
J-D
44
9
AExternal
s
s
f 6 Vis of
f 6Vis
1926
of 1927
1957
43%
A-O
37%
72
*58
62%
37%
49%
64
28
25%
18%
27%
A-O
26
J-J
26%
26%
26%
25%
J-J
MS
'
—
25
25
M-N
25%
*26%
:
25%
•
'
Y
25%
J-D
•
—.
■
27%
20
28
18
27%
20%
1
25%
27
18%
27%
19%
28
18
27%
19
is
25%
27
24%
24%
17 y4
7%
7%
7%
;
A7s
to 3.375%)
61%
i
1979
A-O
1952
J-D
1978
(Central Ry)
For Financial Institution*
"
J-D
43%
—
'
43%
21
—
—
—
Stamped pursuant to Plan A
(Int reduced to 3.5%)
—
/'
*42%
45
'
38
FOREIGN
49
'
§%
funding bonds of 1931 due—1951
Stamped pursuant to Plan A
(Int reduced to 3 375%)
External $
bonds of
1944
1979
.■
A-O
v
i
**
i
£
Series
No.
1
J-D
3Vis
Series
No.
2
J-D
3 Vis
Series
No.
3
Series
No.
4
J-D
IVis
Series
No.
5
J-D
3Vis
Series
No.
6
3 Vis
Series
No.
7
IVis Series
No.
8
55
54%
J-D
3 Vis
49%
55
4
49
—
-V
54%
*54
J-D
J-D
54%
Series
No.
9
J-D
No.
10
J-D
*53%
Series
No.
11
12
13
page 31.
;
J-D
'
J-D
J-D
—
-Y
»53%
55
*53%
60%
:
•' "•
1
-
;'Y-
r
-Y'Y
55
'
mm
64%
53
mm
mm
—
FOREIGN SECURITIES SPECIALISTS
63
62%
52
mm*
57
(-.ML MAMS 4 (-0. IMC.
61
56
——
—
61
-
52
——
♦53%
Series
For footnotes see
FIRM TRADING MARKETS
61
51
48
3
*53%
IVis
>.
m mm
♦54
IVis
No.
48%
.46%
2
57%
56
54%
SECURITIES
61
*53%
IVis
Series
.
37%
*54%
s
J-D
_
3Vis
I
1
(Plan B)—
3 Vis
IVis Series No..
•
41%
54
,
,y
65
Y
65
'
49%
58%
58%
59
--
60
48
.
-
:
50 Broad
St., New York 4, N. Y.
Telephone HAnover 2-0050
27%
27%
Stamped pursuant to Plan A
(Int reduced
27 %
;y
18
*25%
MS
1951
28
18%
mmmm.
25%
M-3
1960
25%
26
25%
28
27%
21%
*26%
v
27%
19%
25%
*26%
25%
—
A-O
28
18%
22%
♦25%
A-O
27%
20%
*26%
—
28
18%
25%
25%
*26%
;
'
27%
20%
♦26%
A-O
I960
,18%
*26%
v- h
M-N
5s
28
25
1962
Ry)
28
19%
25%
J-D
(Hukuang
18%
26%
F-A
US
28
25%
26%
J-D
——
19%
50
25
25%
F-A
J-D
assented
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h
A-O
1961
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62%
37%
19
49%
50%
—
105
?7%
1957
A7s assented
49%
50
103%
♦26%
M-N
assented
A Chilean Cons Munlo 7s
1978
1957
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11
*42%
—
A 6s
62
60%
Stamped pursuant "to Plan A
102
103% 104%
—
fund 63/4s
102
99
103%
J-D
A 6Vis
91%
94
5
J-J
M-N
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92
85%
25
111% 111%
100%
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1941
33
100% 101%
J-J
1955
external 8s
91%
107 Vi 107%
MS
1955
6s
90
101%
J-J
1957
6%s
Mortgage Bank
A6%8 assented
1
99%
102
59
94%
105
1963
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60
52%
103%
M-N
A Chile
58
48
'
19
A-O
—
54
N
4
103% 103%
1963
assented
60
103%
1961
A Guaranteed sink fund 6s——1961
A 6s assented
1961
AGuaranteed sink fund 6s
1962
93%
1957
91
6s
60
55
60
99%
60%
48
M -N
1942
1960
1960
Feb 1961
Feb 1961
Jan 1961
Jan 1961
Sep 1961
Sep 1961
1962
50
,•
.
—
102
J-D
61
A-O
1962
AGs
1956
90
fund 6s
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—
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1957
»_1958
1950
1960
1961
1954
1942
58
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f 5s
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27
-
(864)
23
THE
COMMERCIAL
&
BOND
YORK
NEW
RANGE
WEEK
FOR
(Monday, August 30, 1948
CHRONICLE
FINANCIAL
RECORD
ENDED AUGUST
27
'
Friday
>
Interest
BONDS
York
New
Stock
Week's Bangs
or Friday's
Last
Period
Exchange
Sato Pries
Low
Colombia
A 68
A 6s
Oct 1961
1927
of
1953
-
to
XI Salvador
4s extl
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3'/j« extl
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Italy
A
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to 3%
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1945
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to
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29
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4
31%
4
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27%
to 2.5%)
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18
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extl
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46
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1978
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.
25%
90
83%
1962
7s
89
7i% 7i%
1958
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page 31.
89
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:
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see
7.
Light 3%st____'_1966
lACentral of N J gen gold 5s._'_^1987
4
Central
•
Sydney County Council 3%s
For footnotes
Central
35%
(Kingdom)—
1962
extl
89
//
5s__:.___-L_
gold
4VaS .ser
mtge
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of)
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,
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sec
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<
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;
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;
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water
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31'
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A7*
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due_.™_1957
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25
v-
1957
external
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1947)
55%
4
r-A
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1
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102%
79
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to
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87
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97
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1955
r
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123
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1978
27%
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23%
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119
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100%
20
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1953
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23
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>
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,
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.
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I
■
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A4V2S conv-.inoome_i;__^.i._Feb 1
07% >93 Ys
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<
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9
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86
fixed
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1955'
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162
18
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28
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109
90%y97%
52
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93
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1964
Atlantic 6c Danville Ry 1st 4sii__i_1948
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7-
4
.
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extl
7101%
Topeka & Santa Fe-^-
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23
1957
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135
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37
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85%
J-D
gold 4sj._*__.._July 1995:
Atlanta <fe Charlotte -Air
9%
13%
V
,'tV
3
j-j
IZ_1950)
4 VaS
loan
1st
.8tam))e4
34
4 31*
ZZ
2008
3%s
4%s
92%.
1957
Products Co
Atchison
.31,.;,
6%
78
-
.
90%
58
40
104% 105%'
105%
97%
58
J
■
5'
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6%
7
J-J
1959
2.125% )„
95%
89%
78%
"85% 103%
27'/.
'^
5 -IV
13%
J-D
1933
to Plan A
to
93%
'
.1987
:
debentures..^...:
debentures..
Ann Arbor
20Y«
'
J,
•
Q-J
J-J
agree_1963
«
•92%'
94%
: 89%
-A-O
debentures.^-^.
conv
89%
J-D
Amtf Tobaccd Co -deb'
18%
13
9%
.6%
,:-95,V
1
>40
93%
93%
,
99
:• 75
Q-J
1945
2.11: j%).._2008-
of)
Municipal Bank
«%.
deberitureSiii.-i.i.*-iiZ^^._^ 1982
2%s
23%
A*
5:,''/;:
to Plan A
to
extl
2%s
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9'
.
J-J
2%s
23
U-N
J-J
A-O
94 Va-
78
22
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16%
26%
'
F-A
1975
86Va
v
81
■
A-O
26%
1943.
fund
fund
f
a
Z;
—
1980
debentures.^
1986
conv debentures_/_--._.__L__1961
8%
13'%
27
16%
debentures^i__—
debentures..^..
100 Ve
97
v
85%
91%
93%
MS
2%s
90% 102
"5
J-D
2%s
Ref &
J;etllerlands (Kingdom)
External sink
'73%
10Y«
j*v:: *
31
•
;
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—
pursuant
Norway (Kingdom
Y
.93VA
104
50
»
mm
*25%
J-D
f 6%s
<In* reduced
•
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6c
107 Va
'■
'100; -T
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gtd
104%
103%
r100
1st
28
100%
A-O
Western
19 y«
,
MS
W.i 2%s
••••:>*%
'
•
17%: 17%
1954
f 6%s„
8
—'
*7
1952
Stamped pursuant
..
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26%
6 Vis
reduced
'
14
4%s^_1975
v
105% 105%
105%
,
'103
A-O
53
• : •: ff%
is
y
J-D
1899_^
(State)
ASec external
7%
J-J
26
"
4s^__1998
-44;:
■.
101*
RR
'103
M-N
Foreign Pow deb 5sJ_____2030
American Telephone & Telegraph Co—
/
of
s
9'
A-O
6Vi»
td t0 Nov- 5» 1942>
ABec external
:
2
Susquehanna
Alleghany &
68
44%
v:
••
~
(Int
8%
71%
,
7s„_1957
Ass'td to Nov. 5,
1942, agree_1968*
I AAssentlng 4s of 1910
___1945
Ass'td to Nov. 5,
1942, agree_1963
IA Treasury 6s of 1913
assent
1933>
Geraes
'
&
1967
Aills-Chalmers Mfg 2s debs:.____„1956
American Airlines 3s debs
1966
-a.
J-J
Ass'td to Nov. 5, 1942, agree_1963
.--rV; AAssentlng 4s of 1904
1954*
Mlnas
20'
^-.'v1019ft 101%':
J-J
Zl952
■
(City of)
Albany
mtge
26
J-O
3VisJ_^_1972
Amer
38'
■
•
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:
Milan
1st
OO
6
.
48%
•
v"-
(State Mtge Bk)
IA Assenting 5s
Power
82
•5N>
'53'
..**10'
J-J ,;
__1947<
Irrigation—
"a *».,AA,s
A
50
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«,*;
(Colombia)
3%s
95
08-
■
-
-J.1952
Southern
'
—
lAiMig assented
-
51
*43%
:-.
M-N
1977
7sj:
Great
^Alabama
70
54y*
16
M
<
A-O
Asa'td to Nov 5.
1942, agree.1968'
IA Mexico (US) extl 5s of 1899
£__1945
-
s.
'
a
1960
i 5s
(Kingdom of)
Mexican
66
Utility—
Credit Institute
A External 7a
Medellln
Z12
84*
;
73*
Ml*
1968*
lA7s aeries B
-
81
'--■■C
AiS
«._1964
—;
(City) ext 6%s
a
A Adriatic Electric Co
;
COMPANIES
AND INDUSTRIAL
BAn.BOAD
110% '
110
•;
(Republic) extl s f 1-3*..
Italian Credit Consortium for
Public Works 1% to 3%
t
60
53
" 1
-t-nHZW-M*:.:.:
J-J
1958
118
35
63%
■»
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1967-
(City)
111%
Y
50
•
71
v."
J-J
Jan 1,1970-
f $
s
external
A4%s assented
I
"■'i. \
-Italian
~
83%
72%
w-
1984
7s.._^^>_. L1952
Provinces
A Warsaw
'
part paid
Italian
*40
M
readjustment...
extl
Alabama
'
—
P-A
Jan 1,1970>
Jan 1, 1975 •
Irish Free State extl
'
101%
110%
1937) —
extl readjustment
A Venetian
v
103%
14
(Republic of)-—
A7• part paid
A 6s
J-J
3%s
18
10211
—
A-O
Estonia
Helslngfors
mm
'mm
A-O
of
($
readjUt tment„_;—1979
4-4%-4 %s
100
'
'
mm
1955
(Republic of) 7s
French Republic extl 7s
Greek Government—
-
100%
112% 112%
•K
79
13%
A-O
1962
3s extl id
A
112%
124
conversion—.—_r^_1979
3%-4'/a-4^8 extl conv___1978
82
•53%
A-O
1942
f f
b
*99%
J-D
-TV:
44
58
102%
/•*•>
'
Range Sine*
January 1
Sold
3f-N
External
-
2%mm*
Bonds
Friday's
•r
Bid A Asked
6S--—.;—1964
bond
44
5
=
J- J
1960
External gold SVis
External gold 4'/aS__«
-
'■
15%
fund
344-4-4%s
External
41
15%
sink
45
42%
41
_
*102%
F-A
1977
_
fund 5%s
1953
ACzechoslovakia (Rep of) 8s ser A.1951,
ABlnklng fund 8s series B
1952,
Stamped assented tint reduced
6%) extended to
IA Denmark 20-year extl 6s
-
M-3
fund
AExternal
75
sink
37'/,
;i:=-
Sale Priee
—1960
AExternal
.
41%
'
65
M-N
1949
Sinking
*•
»
Jf-N
1951
1949
debt
70
19
6
Last
Period
High
73%
_
67
Week's Range
Friday
Iatereet
♦.
i A Uruguay. (Republic), extl 8*—1946
*40
J-D
.1
♦40
f- a
'
,
>
Exchange
Stock
Hign
69%
2
Y
38
M-N
71
*40
External loan 4 Vis
-
*67
A-O
„
4Vi8 external
J-J
A-O
1947
1940
1947
-.1952
»A8inking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4 Vis
ACosta Rica
(Rep of) 7s
Cuba (Republic of) 5s of 1914
-
:
70%
1970
lASlnklng fund 7s of 1926
-
Low
York
New
-
"
A-0
J an 1961
-
3o external s f $ bonds
v
January 1
NO.
High
bonds
Range Sines
9old:
(Republic of) ~
1928
of
lAColombia Mtge Bank 6YaS
•
Bonds
'
Bid A Asked
22
-102
96%
♦973/4
103% 104
♦99
v:
100Y4
103%
«•
j
V'Y,'-.' 1''
19
-
101%
96
102
104%
lOOYs
fs'
Vplume 168
Number 4729;
THE
COMMERCIAL
NEW
&
FINANCIAL
YORK
BOND
CHRONICLE
"
New
»
York
Stock
Friday
^
Intereat
Exchange
or
gale Price
Friday's
Ohio
St
Ry—
>
General
gold
4Vis
1992
impt M 3%s series E
M-N
impt mtge 3Vis D
Ref &
M-S
1996
1
Ref St
R
&
A
Div
1st
2d consol
cons
-—1996
gold'4s
gold 4s
124%
4s
l6t
&
1st
&
ref
'1st &
ref
ref
Chicago
1
mtge
3'/as
i
Eastern: 111
'
AGen
mtge inc conv 5s_i
1st mtge 3%s ser B
1
AGen
inc
1st 4s
*98
'
<96%
J-J
1985
Af-N
1982
series A—1988
£Q%
1st
mtge
4s
••.
Gen mtge 4Vis Inc ser
4 Vis conv inc ser B
83
Chicago St
2nd
North
1st
mtge
3s
1st mtge
Gen
—Jan 1 2044
4s series-A
mtge conv
Chicago St L
New
St
J-J
4
A—Jan 2019
ser
Orleans 5s
1951
Gold 3 Vis
:
.•
&
ref
M
2%-4'As
98 3A
Chicago Union Station—
1st mtge 3 Vis
series
mortgage
V
58
75
53'/a
1978
—
4?—
serieeyB
101
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...
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v
2
,1990-
Cleveland
Line
Union
1st
gtd
r:SrJ
;
106%
F-A
debentures
-
7la
8
•106
A-O
;
Sou
Ohio
&
Tol
1st extL 4s..„...1955
3'As
;:v'v-
-
16
St L 1st &
V:
•
a'
>
ref 4 Vis
>
104
1961
51
*
:
ref
mtge g%s ser A
1st St ret mtge ?%s ser B
1st <fc ref mtge ?%s ser C
1st & ref 3s series D—
3s conv
debentures
Consolidated Natural Gas
Consumers
Power
1st
Crucible
Steel
iACuba
1st
'
105
■
105
104
,,-1972
2%s
; 23
»100%
M-S
J-J
M-N
♦90%
1st 5%s
1942
9 5'A
MOO %
99% 100
J-D
A *50
Vis
A6s
B
ser
deposit, rets—
J-D
1940
inc 4s
98
109%
120
i
116
123%
117'A 117%
110
117%
99'/a
120
.1990
J-J
94%
95
91%
91%
88
J-J
84
84%
82%
,2010
1961
J-J
74'A
74%
rJ-J
♦93%
94'A
112
90
J-J
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.48
>
39
ser
/
88
92%
95%
65%
63
11%
102%
6%
.10
100%
—
'
J-J
98%
JJ
1969
82
*
91%
"
•102%
'
74
>
./
>
_,_.___1975
Jply 2015
B
.*9
A-O
.1959
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—1976
93
98%
97 *
60%
>
93
•
83
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6i%
'
101%
68%
80
92%
*.;••? 2
;'•/12
97
93
•
:
74%
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A-O
4
..Jan 2044
100
56 3A
66%
93
97%
1
■
A-O
_„_.197l
.jr-e
j-j
•;.• 93
93
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95
93
124
95
'
j-j
2
98
Z»P8
96
95
♦104
127%
-94
' 96
10
"
J-D
M-N
.1949
96%
<
118%
:
i. 104'A
F-A
60%
22 Va
17%
29'A
25
95'A
165%
'■"<•> 93
63%
A-O
104%
57%
99
-.1957
1957
95%
'
.
>
..i,—
lines
1952
4s
68
94%
J*S
♦101
>M«a
-
-
A-O
1953
102
,100 Ve
100'A
1>
102% 102%
M-N
v
M-N
102% 102%
M-N
105% 105%
F-A
83%
1950
J-D
♦104%
1951
J-J
*—
J-J
♦102%
Bridge gold 4s
1st
gold 3s___
104'A
99%
103
•99% 101
85%
100
♦09%
87
100
97
101%
♦101
J-J
♦100%
F-A
♦103 %
F-A
•100%
102
1*8
J-D
1963
J-D
.1970
-95%
V
95%
96%
89%
81'/a
1
:> ■
;
93%
81'A
88 Vi
77
95
•100% 101%
>
2 :
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101
100
100% 100%
J-J
100%
88%
18
';t 81%
101
.•
40
88%
iii%
J-J
1950
•;
103
101
--
!,c;
.1963
v
—
•
s-
89%
104%
98%
F-A
,1963
/.
1st ref mtge 4s ser D
Illinois Terminal Ry 4s ser A_.
Indiana 111 St Iowa 1st gold 4S
108'/a
,
104%
104%
J-J
': : mi-;r-;
-
77
'
1st
•
102%
85
102%
84'A
M
>
.3%s...;.L-——;.,^f.,.195I
Q—r
105%
102 %
98%
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-
103%
99 %
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/ J-J
103%
' 100%
..
100'A 100'A
*
*. 70
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102'A
102
_>
J-J
100
lOO'/a
100% 100%
1966
102
•
,
1988
J-D
my»
J-J
85%
85%
rfi5-
88
^International Great Northern RR^—
A 1st 6s series A
,
42%
*—,1053
66%
38%. 4Q%
J-J
60
60
31%
9
J-J
60
60
33%
8
,1944
A-O
65'A
65%
11972
IA Internet Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B:
34%
M-N
67%
52%
45
A-O
AAdJiistment 6s series A__.July 1952
1st 5s series B_-._
,1956
A 1st gold 5s series
C-.-...#.-.~A-1956
A
,
35%
100%
1955
4%s
-
80,'A"
35%
95%
J-D
i-1051:
3%s
Indianapolis Union Ry Co—:
Ref &
Imp 2%s ser C—
102
.55%
W
.1978
j
1st & ref 4%s series C
*
94%
'.'.!
37%
32%
>♦35,
.'
♦70
F«b
B
:.-,•
101%
>
35
^
Feb
—
gold 3%s—1061
Western Lipes 1st gold 4sl
1851*
.101%
96
.
>32%
.
J-D
110% 110%
J-J
"_1982
1st M 2%s.l
Bpripgfield Div
•
110%
88
-83
J-J
—1946
*
103 %
100%
33
mm
93%
38%
JrJ
'
A deposit rets
ser
JrD
,j
,1952
101
J-J
1st gold 3 %«
i
1051
Extended 1st gold' 3 % 8—/195I
1st gold 3s sterling
—-1951
Collateral trust gold 4si_i
...1962
Gojd
100
V
mm
100'/a 100%
Northern Ry
67%
J-J
Louisville Div St Term gald 3%s_1953
Omaha-Div 1st gold 3s__^,..—1951
fit Louis Div Sc Term gold 3»
1961
107%
;238" ■•106
101%
1975
1965
Apepositreceipts
ACufeafRR 1st 5s gold-——
(a.H; - • yaDeposit receipts'
80
99'A
,,....2000
Joint 1st ret 5s series A_i
97
101% 101%
debs__.
mtge 3'/as_——1966
1
HI Cent aod-Chic St L Sc N
•107% 107%
A-O
ctfs
Litchfield Div
95%
*6%
M-N
1968
N
gold4s__
Cairo
•
107
••93%
mtge 2%s
3s
ser
Collateral trust gold
^,95 ,;^99%
'*93
J-D
103
81%
40-year
100%
108 %
,
104%
*89
J-D
1972
103
—
"83%.
Refunding 5s
•; 101/ 104%
1104% 104'/,
104%-A5«tv!''t"5-
1 95%
.
A-O
-,-1963
,
104%
M-8
—1977
25
*104'/e
■
A 7
.»
58%
107
101% 102%
A-O
1982
98%
i:■ '--Refunding "4s.,_wv—.---M955
98% 102
,101
102%
101%
♦109%
F-A
Consolidated Cigar Corp 3%s„_.>1965
Consolidated Edison jof New York—
'
Continental Baking
106%
j;96%/104%:
100
J-J
Conn River Pwr sf 33As A^——
1st &
108'/,
100%
-
'100% 100%
F-A
1951
Jf-N
Illinois Bell Telep 2 %s eerlee A...1981
4
-.197.7
,
83
105
1952
mortgage 3s—
1st
>101%
F-A
♦101%
102%
102% .106
Co—
}st mtge 3s series. L
Conn Ry
1970
66
62
59
♦57
•104% 105
.1973
1st mtge 3s series B
Illinois Central RR—
50%
M-S
&
102%
50%
-1976
mtge inc 5s* ser A
1st & ret 3%s series D
Purchased
Af-N
Columbus
Columbus
104
100
M-J
2%s_1963
v.AAdj income
:77%
89%
70
04% *02
~
102%
M-S
102
/
Hudson Co Gas 1st gold 5s
Hudson Sc Manhattan 1st 5s A
;»7 ' :
-
.47'": 68"
<107%
A-O
;
82
<
ArO
.
Commonwealth Edison
82
*101%
i ArO
,-1980
103%
'
♦100
A*0»
1
■
J-D
Ha'ckepsack Water .1st mtge.2%S-,1976
Hocking Valley Ry 1st 4%s
1999
Household Finance Corp 2%s_..;
1970
Hudson Coal 1st s f 5s series A
1962
93
♦101'/4
1973
>•
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1st
y*03% 104%
/./■%
..
1
1949
Bay St West deb ctfs A
Gulf States Util
.
'.' L rV..\
.
1st mtge
Co
Ry Co—
mtge 3'/as ser O
Gep mtge 2%s ser P
Gen mtge
106%. 109 /
98 :
101%
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F)
Gen
i
102'/,
) '91%
% * 78
102% 103%
y":
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7%::ioo.%;
•
iA'O
Cojumbus St H V 1st extl gqld 4s__1948
i:
102
106
7
:"rM02% '
;
M-N
Cojumbia Gas & Elec 3'As debs..-1971
El
/
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4%s (stamped modified)-!
•a
165%
70%
v
Coiprfdo^SouthemRy—
3 'As
103
101.
93% '95*09%. 4*-.
71
102%
IL.
M-N
___1969
Gen
106%
—
.1'.-
1st mtge 5Vis series A—,
,1972
1st mtge 5s series B—1
1973
1st mtge 4%s series C—J-^,1977
;
102%
99%
|.'•>%••••
>;J^D
4,ViS—1961
Terminals
>'
(B
.Gen mtge 3%s
:
A Green
102
76
2
'
C 3'/aS gtd———.
1948
Series DcJ'/aS gtd——;^;_1950
Short
'
.
96%
100
Utilities Corp—
debs
Greyhound Corp 3tf debs
Gulf Mobile Sp Ohio RR—
M-N
Series
Cleve
•
J-J
&
inc
mtge 2%s ser Q
Gen mtge 2'As ser R
.«•;.:>
93%
C-.i •
96%
102% 102%
60
60'/a
103
J-D
M-J
Gen
82%
.a eo
JrJ
'
Cleveland Elec Ilium '38~--^£Li.l97o''
1st mortgage
3s,.
L___.
.,.1982
-Cleveland St Pittsburgh RR—. -
-
A'".'A.
•
'
J?D
;
1977
4s_—-1991
trusj 4s
'
.100-
;
99%
J-D
99'A
1956
General 4'/as series D
105
100%
100
*91
■1
!
V-
88 % r68%
FrA
,..^1993
r
J00.
.
♦106%
; j-d
86'/a
100
M-J
deposit
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106
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i
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—
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.
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of
1st St ref 4s series B
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■
78
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1959
1974
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70%
.
Realty
Great Northern
ioi% .I07%r y
..,71% '-87%
;.A45
.^2^.
i
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1st ratge;2%s ser G
,——1974
City Ice & Fuel 2%s debs.r——1966
City Investing Co 4s debs_„
1961'*
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58%
,89
105'/*
86%'' ..87
V*''
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1969
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'47'
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95
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•
86%
M-J
1961
ref 5s series A
conv
Goodrich
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'
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A4s
65% •; 74%
101
.
1971
Gas St Elec of Berg Co cons 5s
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106
90
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.
w'-Z-
u-s
1975
:
99%
74%
/••/'..■
.
j-j
33/es series
Cleve Cin Chic
■
j-j
1962
X--• •**
2.%s
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1st mtge gtd
=
:'
•
94
81
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1952
> ♦*•;!>
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1963
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Cincinnati
-
f ■»
;
,
conv, 4s:
1st St rtt 4'As series D
''*•;*•;
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let
;
1953
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Chle it West'n Indiana
Cine Oas
>/';'
P
>
93
82
,
88'A >92%
26
♦101
J;.
J-J
1994
J-J
Af-N
,
73%
102
82
66 %
54%
1
'
High
64
83
J-J
4——1953
1st mtga 3y48—;
Francisco Sugar coll trust 6S
.
1994
Income 23/4-4'As
'V /
•;
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60
39% >55'A
♦—
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k
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1990
mtge 3%s ser G—_—2000
■*. ACertificates
90%
80
9
.
1st
79
55%
2
2
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1951
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Ry—
A 1st &
1
J-D
1951
17
'
105
^
87
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T
—1964
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120'
65
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Apr
.111
^
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f94
—
70
.
A^—Jan 2015
Firestone Tire & Rub 3s deb...
57
65
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80
.
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-
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i>
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'
1.
1989
Pacific Ry—
&
50%'
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1
101% 102
.
♦
34
67
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Apr
69
January 1
No.
99
92
^
83%
ser
.
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High
100%
64
.
—r.
101%
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v
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>
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112
91
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;
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i.
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inc
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m
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v
76
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112
inc
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13
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A
ser
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%
108
'
50%.
"v
49
•;;
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Chicago Ind & Louisville Ry
A 1st
mtge 4s inc ser A_—_Jan 1983
A2d mtge 4Vis inc ser A_i__Jan 2003
Chicago Ind & Sou 50-year 4S—1956
Chic Milw St Paul & Pac RR—
;
•i117
109%
96%
.
.
1st cons mtge 3%s ser E
1st eons mtge 3'/as ser F
5-:
106
i
99%
95 3A
M-N
41/as____^_Jan 1 2038
mtge
v\
F-A
;
1997
Chicago & Erie 1st gold 5s_i_
Chicago Gt West
•
.
Co—
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V
115
v;>
Railroad
Ohio Div
F-A
1970
RR—
m
or
Bale Priee
Low
Gen
101
V
La at
WW**
4 PerWd
/
Stock Exehange
130%
100
/
'
109% 110 Vb,
♦110% 111%
F-A
1985
r
mtge 2%s
&
.101%
BONDS
-
New York
High
121
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J-J
-1977
__
Low
»
Erie
♦109
1958
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High
101% 102
Chicago Burlington & Quincy RR—
General
.,
Week's
Friday
Range Slnee
January 1
,
1;,'
100
102
J-J
,—1989
:
,
gold
124% 124 Vi
100%
F-A
.1989
Bonds
Bid Si Asked
Low
Chesapeake
;
27
Week's Range
Last
Period
>
29
RECORD V"
RANGE FOR WEEK ENDED
AUGUST
BONDS
(865)
43%
20
122
48%
>
63'A
,
63
50
60
67
,00
31
102
.
♦100'A 101
V/ •'■ y
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mortgage 3s,
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Deere
Co
St
1975
A-O
1978
ser
J-D
A-O
1963
Jf-N
B_,
23As debs
Delaware St Hudson 4s extended
Delaware. Lack & West RR Co—
N
"
.
Y
Lack
1st
St
St
ref
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M
5s
ser
s
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103%
—
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•-
97
4*59<61
lOO
:-
>
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C
1973
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..
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A-O
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f
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1
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93
Kansas City Southern Ry
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87%
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J-J
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..
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10
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18
107%
110%
18
101
.1995
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96'/a
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1095
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4 Vis
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gold 5s
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98
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&
1956
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1995
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i5s stamped
For
footnotes
see
k
83
>
98%
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97
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44
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50
97
100
:
100
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113
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97
98
175
169
178
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J-J
♦108
unguaranteed
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j-j
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Koppers Co 1st mtge 3s
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175
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-1958
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if-a
-
-
'v 89% 103%
1%
1
1%
109%
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102
111%
75%
58%
175% ->/
96
106%
Laclede Gas Light
61 W
80
96%
98%
3'/as
38
49 '/a
Lautaro
■
Lake Sh & Mich Sou gold
page 31.
registered
/
Nitrate Co Ltd—
3%s.—1997
'—.___199,7
•
109%
108
96
88 'A
08
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92
82%
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96
j-p
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1978
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82%
83
82'A
92
1970
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96
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90
98%
1954
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♦100
1964
F-A
♦94
' 95
1974
F-A
93
93
Lehigh Val Harbor Term gtd 6s—1954
Lehigh Valley Ry Co NY 4 Vis ext-1980
F-A
-67%
68%
60
71%
73%
73'A
67
75
A 1st mtge income reg—
Lehigh Coal St Navigat.ion Co—
F
mtge
3%s
ser A
82%
•
'
■
.
—
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">'♦„
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;i05%
—
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110
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5s
stamped
141
156%
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stamped
—
102
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—
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-
>
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95
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♦103'A 106
.1961
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Plain
A-O
J-D
Lehigh Valley Coal Co—
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Ry
65%
/••
98%
96%
75%
..;;
^
pJ-Ji
St Ga Div 1st 5s
Elgin Joliet St East
—_v— .1975
.1987
Kentucky Central gold 4s__».—
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S
East Tenn Va
~5
96'A
104'/4
1
:
101% 101%
U-S
1982
!
2.35s
75%
81%
*79
/-96%
■
gold 4s_.
So Shore & Atl
1st 3s_. ,.1950
1st
Stamped
,
1970
...
& Tunnel
St Ironton
Chemical
tiADul
•
..1968
mtge. 3%s series B____
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JrJ
.1993
series G
series
hfieeond .gold
Detroit Term
,
•«
■
Detroit
85%
w
Gen St ref 3s series H
Gen
,'
4'/as
contingent
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.
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J-D
Denyer & Bait
;
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.1978
/
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;
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-
;
,
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'
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2018
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ji-a
-
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contingent int)
1
102
james'Frankl it Clear 1st 4s__.—,1958
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1978
:a89>7;97
Af-N
1993
mtge due—
Coll Tr 4-6S—
.—May 1 2042
Power St Light 3s
1973
1st mtge & coll;tr 3VaS—
-,-1977
Denver & Rio Grande West RR—
->
99% ^
103%'/;
103% 103%: r;
i
j
Delaware
'
98
V'Ji
div
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:
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—
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1965
—1965
Dayton
05
•„
100
84
95
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94
<
•;
30
COMMERCIAL
THE
(866)
YORK
NEW
RANGE
or
Low
Lehigh Valley RR—
-2003
4a stamped modified
4s registered
4Va« stamped modified
-2003
4Vas registered —
5s stamped modified
2003
Lehigh Valley Terminal Ry ext 58.1951
Lexington & Eastern Ry 1st 5s
1963
Liggett A Myers Tobacco 5s
1951
Little Miami gen 4s series A
1962
-
1952
7s series A
Electric
1949
1949
1949
1951
Long Island unified 4s
Guaranteed ref gold 4s
4s
stamped
Lorlllard
3s
39%
MS
1st
42
41
January 1
Low
MS
26%
38 y*
42%
Norfolk & Western Ry 1st gold 4s_1996
Northern
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1974
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ref 4Vis
1974
us
2
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:
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\
A-O
■'0':
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—:
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102
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1976
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2003
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87
91'/a
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M
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2003
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1980
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1956
MS
•_.
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98 Vi
.1960
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72'/a
1954
3-D
Bt
mtge 3s
Nashville
A
Louis
Div
Maine
2d
(Minn)
mm-
mm-
—
RR—
series Q
gold
1st
A Co 27/«s debs
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RR
4'As
mtge A con 4s
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A_
ser
B
ser
Sugar 4s sink fund—Feb 11957
A Manila
RR
(Southern
Lines) 4s_1959
May Dept Stores 2%s debs—
1972
Mead
Corp 1st mtge 3s
T_1966
Metropolitan Edison 1st mtge 2%s.l974
Metrop Wat Sew A Drain 5 'As
1950
Michigan Central—
Jack Lans & Sag 3%s
1st gold 3 Va S_
99'A
02%
— —
—
98 Vi
8
97%
1st
73'/*
28
J 974
89
:
94%
87'A
2
92 V,
100
4
92%
100%
96%'
;
38
102% 103%
103%
65%
13
96
96
V
68
60%
M
89'/a
96
r-k
-1978
A-O
.1977
mtge
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•
99% 104%
97%
98%
•__
mtge
A-O
& Sault Ste
4 Vis inc
~3
99
99
99
u-a
105'A
—
M-a
*~
M-a
105'/*
Oregon-Washington RR 3s
99
100%
A-O
•53%
a-o;-,
100'/a 100'/a
Prior lien
100
L_
..1974
3-D
100
100
-1979
3-D
100%
100
..1977
3-D
101%
..1981
3-D
94
-1980
3-D
97%
97%
-1985
3-D
92%
92%
94%
ref
3s series
1st A ref 2%s series Q
Pacific Tel A Tel 2%s debs—
88
7
93%
2%s
debentures
51
52
27
49%
57%
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debentures..
75%
76'/*
7
68%
70
3 Vis debentures
3-3
78
77
78
6
1962
3'3
64
64
1
71 %' 64%
61
69%
1978
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63
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86
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3%s
conv
1st s f gold 4%s
cons
89
r-k
85%
84
85'/a
24
71%
M-a
46%
46
47%
162
30'/*
50%
M-a
86
84
86
69
71%
89%
1978
M-N
85%
6'4
85%
18
72
M-N
27%
27%
27%
352
18'/*
A-O
85
%
84'/a
85%
19
71%
Pennsylvania
Alst Si ref 5s series I
1981
r-k
85%
34'/a
85'/a
43
71%
89
1991
u-a
•66'/*
1966
V-A
•„
1958
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•99% 101
2000
3-D
58
77%
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Monongahela Ry 3'As
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Morris
(John)
A
Essex
Si
gold 4s
series
Co
3s
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B__
debs
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1953
M-N
Constr M
;
1953
M-N
1988
A-O
4Vis series B
Mountain States Tel 8t Tel 2%s
8Vis debentures
99%
54%
104%
106'/a
.I960
1970
debentures
National Steel Corp 1st mtge 3s
National Supply 2%s debs
1970
1965
3s
N J
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8
68%
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1
64%
75
®3 %,_«.
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1960
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101
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104
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93
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78%
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99%
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31
97%
100%
87
87 %
7
78%
64%
64%
64%
6
59'/*
68
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17%
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13
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^v-'V.v-ydpt» ".1990
Apr
19
F-A
104
5s
series
A
1974
.1980
B.
*
104
99
MS
.1974
.1961
110
110
104
99%
'
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15
107%
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108
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98 V
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98
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1937
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11
15
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97
100% 100%
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103
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102
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102
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series
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105
104 y*
97
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deposit
series B.
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52
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118
114
~
110
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3-3
.1971
.
ref 2%s
ref
3-J
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ref 2%s
&
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.1977
ref 2%s
A
Gen mtge 5s
r-k
65%
93
63
70
66%
76
77%
78
19
74'/*
84
85'A
87
25
79%
ser
84%
89
89
89
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—
102
102
4
88%
V
80
r-k
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16
76
102
102
3
102
103
103
1
89
100'/*
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62
103%
101
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60
68
64%
57%
64
97%
91
6
J-D
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98
91
A-O
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91
8i%
1975
A-O
89%
F-A
2000
M-N
1973
MS
1973
1940
ref mtge 4s ser A
2007
AGen mtge conv inc 4Vis ser A.2022
t A Harlem River A Port Chester—
A-O
A
1st 4s
1954
IAN Y Ont & West ref 4s
4s
June 1992
1955
N Y Power Si Light 1st
mtge 23As__1975
N Y & Putnam 1st cons
gtd 4s
1993
N Y State Elec Si Gas
23As
1977
Y Steam
Corp 1st 3 Vis
1963
IN Y Susquehanna A Western RR—J 1st refunding 5s
1937
IA 2d gold 4'/2 8
5 AGenerai gold 5s
98%
99%
82%
90%
96% 101
2
8
•..100
76 '/a
II
98
100
100
14
16
97
100
100
76'/a
77
83'/*
RR^
1st &
•
89%
•103
MS
series
83%
For footnotes see page 31.
6
•-_
99%
17
105% 105%
-1956
4s
100%
•
3-3
M-n
102
*143y8
90
90
100
105%
102
108'/*
102
•106'a 107%
3-J
-1972
QQ
*90
MS
-I960
1st A ref mtge 3s
Public Service Elec A Gas 3%t
101%
106%
105
109
105%
—
142
145
215
210
215
3-3
•98% 100
102%
13 y*
10'/a
64
7%
47/a
40
3
96%
3
65%
68
60%
97
68%
107%
44%
32
52%
r-k
r-A
1943
MS
1982
3-J
r-k
104
104
5
103%
105
1981
3-J
101
101
1
100 Va
101
38
20
4
77%
77%
5
95'A
95%
38
30
,
40
12%
29
73%
V
100%
97
105
20
98%
98%
105'A
•_.
.1964
Quaker Oats 2%s deb.
7%
1978
F
100% 100%
¥-A
51%
98%
97
95%
3-3
3-3
75%
-
1940
Ref mtge 3V8s ser E
1st mortgage 3 Vis
3-D
1964
3%«—.I960
1977
1983
deb
84%
31
4%
J-3
1st mtge
65%
9%
105
Inc
Pwr
60%
2
96%
5M18
1st mortgage 3s
f AProvldence Terminal
3-D
1977
APlttston Co
Potomac Elec
117
116
F-A
1974
73
102
•66
>
1961
;
277
1,050
J-3
Ashtabula Ry—
'
215
51
20
90
3-D
72%
102
Pitts Youngstown A
3-J
1937
5ATermlnal 1st gold 5s
N Y Telephone 23/«s ser D
89%
79 Va
-2037
84%
105
81%
23
-2037
49%
3-J
■79%
4
87'/*
lst A ref mtge 8s.
71
M-a
5
87'/*
1st & ref mtge 5s.
84
A-O
A-O
88
77
71
9%
V-
85
50 %
M-fl
.1960
90
87%
87'/*
87'/*
70%
3-3
J-D
87%
A-O
1st mtge 4%s series C.
103%
-
87'/*
3-D
.1959
76%
1
May
M-N
103
.1955
1st gen 5s series B
1st gen 5s series C
1st gen 4%s series D
62%
*61%
4Vis series B
A-O
69%
r-k
100
3-3
1966
1st mtge 4%s series B.
82%
65%
«...
98%
1965
debentures
Pittsburgh Steel 1st mtge 4%s
Pittsburgh A West Virginia Ry—
1st mtge 4%s series A
87
1951
B
3%s
70%
69%
1980
IN Y New Haven A Hartford
JACollateral trust 6s
Ref mtge 3s series
04
1960
4s ext
Gen mtge 5s series A
97%
64'/a
•
3-J
3-3
4s
28
87
F
Phillips Petroleum 2%s debs
1964
Pittsburg Bessemer A L Erie 2%s__1990
Pgh Cine Chic A St Louis Ry—
Cons gtd 3%s series X
1949
Cons gtd 4s series F
1953
Cons gtd 4s series G
1957
Cons gtd 4s series H_
.1960
Cons gtd 4%s series L.
.1963
Cons gtd 4%s series J.1964
Pgh Cine Chic A St Louis RR—
92%
85
68%
-
69
A-O
2043
AGenerai
102%
99%
10
1986
1
A
West
99%
"
r-k
Mtge 4s series B_.
&
101
102% 102%
3-J
Lack
98%
3-3
series
117
112
94
A-O
ACertlficates
3-3
1.2043
Y
100'/a
73
1985
3%s
IIA Philippine
Louis—
gold 3 Vis
series
97%
99%
.1952
mtge
1st
-1998
1st gold 4s__
Harlem
4
98%
98%
1st A
—1998
Ref gitge
Mtge 4s
118%
84%
1998
3'/as registered
N
101%
99%
J-3
1st
105%
115%
*98% 100
i"-b
1998
Connecting RR 27/8s
103%
97%
—
Pittsburgh Consolidation Coal—
registered
N Y Dock
102%
__
3'/as
Chicago Si St
3'As ser E
1st mtge 3s ser P
103%
48
104'/a
1984
1st A ref 2%s
102%
3
25
•104% 107%
r-A
Si
York
49
106%
4
98%
1st
"V
101
1100%
99% 102
3-3
I
Il956
1998
impt 4Vis series A
2013
impt 5s series C
2013
N Y Central Si Hudson
River RR—
General mtge 3lis
1997
3'/as registered
1997
>
,
--
•—
Ref Si
N Y
103
*100%
3-3
1954
Mich Cent coll gold
35%
102%
21
A-O
AIncome
r-k
New York Central RR Co—
Cons 4s series A
42
44%
106
90
.1981
Philadelphia Co coll tr 4y*s_
Philadelphia Electric Co—
103%
100%
103
MS
ACertlficates of deposit
Lake Shore coll gold
15
—
J-D
deposit
ACertlficates of deposit
104
102%
110%
series D__
General gold 4%s series C_
RR—
Alst 5'/as series A
New
10
96%
*100% 102
3-D
{955
104
101%
113%
3-D
General
102% 105
99
96%
1974
ACertlficates of deposit
Alst 4Vis series D
3'/as
102
1951
Alst 5s series C
Ref
11
103% 104%
3-D
Ref Si Imp 4 Vis series A
;
1952
New Orleans Term 1st
gtd 4s
1953
INew Orleans Texas A Mexico
Ry—
v
Alst 5s series B__
1954
'
15
103%
103
A-O
MS
1983
'
105% 105%
J-D
1968
series
Peoria A Eastern
100%
97
98%
98
Il988
New Orleans Great Nor 5s A
New Orleans &
Northeastern
j
110
113
105%
1965
B
Gen
91%
84%
90
98%
3-D
1948
Light 3s
—
•102% 103%
F-A
series
sinking
Ry 5%s
Pere Marquette Ry 3%e ser D
r-k
1952
1st 4s
43%
.
•103
Gen mtge 4%s series K.
Conv
deb
3y*s
70%
1902
Junction RR gtd
—4
,
RR—
General
88%
3-D
1954
debentures
—
.
Phil a Bait A Wash RR Co-
1967
ANaugatuck RR 1st gold 4s
Newark Consol Gas cons
5s_,
New England Tel & Tel 5s
A
1st gtd 4 Vis series B
44%
A-O
1952
/tohontnrae
General
N
3s
•101
98%
Nashville
'<
*104%
4-a
Airlines—
Peoria A Pekln Union
Chattanooga A St Louis—
y 1st mtge 3s ser B
19865
National Dairy Products 2%s debs.
3-3
MS
98%
60%
'
98%
94
98%
102%
102
96%
102%
A-O
f
■
Cons
78%
*ioi' -102
99%
91%
20
98
General
77'/a
*
98
97
100
97%
fta
70%
-y
V
94
4
2
97%
68
i
22
.
10
94%
A-O
/-D
104
M-N
ip7g
61'/*
101%
12
103
£ 94%
A-O
Glass
Pennsylvania
67'/a
58
103
99%
1960
-
102%
57%
99%
94%
.
89
Moh'k & Malone
103%
8
♦99% 100%
101'/a 101'/*
30%
1980
A
99%
Pennsylvania Power & Light Co—
1st■ mtge ** v---iota
88 y*
1949
Alst & ref gold 5s series H
ser
23
103% 103%
■
AConv gold 5Vis
104%
100'/a
100%
.
A-O
1955
Gtd 4s series E trust ctfs
1077
Alst A ref 5s series G
104
100
M-a
Ss.1949
debs
inc
100 y8
16
Pennsylvania Co—
1975
1965
HI
mm,
22
100%
1978
Pennsylvania-Central
80
4s
^
&
—
-.
101% 101%
.1987
-1986
Paterson A Passaic G A E
71%
47
Alst & ref 5s series P
A General
100%
1st A ref 2%s series P.
66
51
08%
3-D
1962
5s series A
108%
I-O
3-D
1st A ref 3s series
1st A ref 3s series N.
Missouri-Kansas-Texas RR—
40-year 4s series B
106
•106
1966
51'A
86
105
1970
75%
3-3
97%
93%
103%
-1971
3-3
1990
98%
Electric Co—
3-D
Jan 1971
Jan 1991
102
95'A
95'A
1st A
Marie—
A
ser
98%
'93%
104% 104%
95'a
r-k
krO
1st A ref 3s series J
106%
96
96
14
1975
A—1960
16%
10
12'/*
95
1st & ref 3s series K.
87%
103%
55
ser
1st A ref 3 Vis series I
102%
m
12%
100% 100%
•94'/a
101
80
ml
12%
100%
A-O
98%
99
"5
99
96%
102%
98%
~4
95%
95%
*•
—
101
•102
100'/*
1974
1976
3s_
Oklahoma Gag A Electric 2%s
100%
1
88
105
mtge
98
Pacific Gas A
*100%
1969
AGen mtge 4s inc ser A
Mo Kansas & Texas 1st 4s
Prior lien
1st
91%
98
8
-100% 100%
100%
Edison
1st mtge 2%s
98%
5
100
70
94%
96
102'/* 102'/*
102'A
MS
1969
1940
1st
•94'/2
J-D
*86
2%s
St Paul
3-3
~4
96'/a
96
•92
u-a
74%
70
—
96% ::
3-3
Ohio
101%
04%
70
J-J
11967
Minn
•—
101'/8 102%
1979
mtge 2%s
1st
1st mtge 2% s.
(Wise) 1st mtge 2%s_
84%
2
86%
86%
MS
M-N
Minnesota Mining A Mfg 2%s
N
103
61
111
67
•97% 100
M-N
_1952
1st
mtge
3%s
U AMidland of N J 1st ext 5s
N
107%
96%
43
65%
96%
US
lOgdensburg A Lake Champlain Ry—
Alst guaranteed 4s
1948
M-J
Michigan Cons Gas 1st mtge 3%s.l969
/
108
99
96%
108%
Ill Vi
1951
Ref & impt 4 Vis series C
.
*61%
3-J
Coll trust 4'/a s
M
(R H)
Macy
*
106
—
64'/a
J-J
.1976
116
9
*99
3-J
2047
129
109%
89%
ref
&
'v Atl Knox
•
Q-A
-.2047
127
26
106%
62%
80%
49
7
m —
103% 104
64 V2
High
109%
.6
78%
-
106
—
104
Q -J
Q-r
.2047
78%
1
127% 127%
OS
1997
an
VI'
Northern States Power Co—
101%
1st & ref
'5,
1997
3s—
High
♦115
..
Low
106%
Mo.
1077a 107 7/a
—
Range Slnet
January 1
Bold
102%
105 Va
106 7/8 107
M
1st
J
lien
registered
Ref Si impt 4 Vis series
Ref A impt 5s series C.
Ref & impt 5s series D.
ref
&
Louisville
>.
Low
A-O
1 2047
registered
3s
3
101 % 101 %
4s
General
102%
100'/a
1 Vi:
\;'ri •108% 109%
—
34
100'/a
17
100JS lOOiS
—
111%
107
—
10011 100 is
;
— mm
series A
Northern Pacific RailwayPrior lien 4s
121%
108
1
25%
A
Gen
78
.2014
mtge 5s conv inc.
AGen
47
;;;/
107
8
...
*997/s
MS
MS
67
121
108%
25%
39%
36%
8
72%
108
:-c
BouAa
Friday's
Bid A Asked
A-O
40
44%
J-D
M-f
29%
72
108
.1966
Power 3%«
Norfolk Southern Ry Co—
Falls
30
44
-V.yV-'mmm
er
Mig%
— —
*.«■*
A-O
Week's
lalePriee
.
95
A-O
M-N
Per tod
Kxehaage
42
72
:
Stock
27
44%
A-O
York
Lest
lalmal
BONDS
New
227
40
■:
♦38
1966
—
Range fllnaa
S0ld
MO,
;
39%
*36
MS
27
41
38%
;
MS
1963
(P) Co deb 5s
debentures
Louisville Gas & Elec 3 Vis
RECORD
Niagara
MS
Monday, August 30, 1943
Friday
j
High
—
ALombard
BOND
CHRONICLE
FOR WEEK ENDED AUGUST
Bonds
Friday's
Bid A Asked
lalePriee
Period
FINANCIAL
Week's Range
Friday
BONDS
New York Stock Exchange
&
78%
93%
98%
■eudlng Co 1st A ref 3%s
ser
Revere Copper A Brass 3y*s
Rochester Gas A Elec Corp—
Gen
mtge 4%s series D
3%s series H
3%s series I
Gen mtge 3y*s series J
tARut-Canadlan 4s stamped.
HARutland RR 4%s stamped
Gen mtge
Gen mtge
D—.1995
1960
1977
1967
1967
1969
MS
MS
US
US
87'/a
87%
87%
♦102V'a 103'/*
•_£
93%
102%
101
123%
—
*104% 105%
.1949
J-J
•9%
3-J
•10%
11
108 y8
107%
104
106
,
7%
10
1941
107%
107'/a
♦108
us
us
83%
33
.
11
7y*
12%
Number 4729
Volume 168
THE
COMMERCIAL &
NEW
YORK
FINANCIAL
BOND
RANGE FOR WEEK ENDED
Friday
Interest
bonds
or
Sale Price
Friday's
RECORD
Range Since
Sold
High
Low
J-J
Rocky Mt & P 5s stamped
98
97
57
96
4
70
79 Vi
85
75%
99%
81
♦100
Bt Louis-San Francisco Ry Co—
1st
1997
mtge 4s series A
Bt Louis-Southwestern Ry—
1st 4s bond certificates
May
1989
Paul
Nov 1989
J-J
A Gen
1989
—
80
U S
♦66r
J-J
2%s
Union Oil 2%s debs
.1960
98%
93
1971
Rubber 2%s
1991
94%
J-J
debs
A-O
J-D
93%
—
2%s
debentures
102%
127
n
1976
debentures
1987
98%
1st &
92%
Va
72"%
97
96%
'v'.f
28%
99%
93%
102%
61%
92%
50
94%
8
.1994
100% 101%
92%
93%
__
F-A
—
J-J
s
97
80%
J-J
-;v
97
A-O
Jf-8
cons
—1958
80%
Af-N
98
93
99
.1981
Af-N
95%
93%
95%
1st mtg 3%s ser A. .1978
102%
J-D
101% 102%
ref mtge 2%s series E
1975
ref mtge
1978
91%
99%
78%
3s series F
debentures
Coal & Coke
cons
1st gold 5s~1949
92%
99
84%
95%
100
J-J
«...
84%
85
9
J-J
81%
80%
81%
3
76%
J-J
93%
93%
1
90
1994
J-J
13
112
1956
A-O
97
A-O
....
1956
1996
2%s
J-J
1951
Memphis Dlv 1st gold 6s
St Louis Div 1st gold 4s
96%
J-J
80
50
94%
.1983
Af-N
....
94%
1998
Jf-N
Apr
108%
*47%
109
102%
104%
14
-93%
97%
102%
105%
51
46%
__
100%
102 7/a
__
93
93
35
92%
Sunray Oil Corp 27/8s debs
1966
J-J
__
*93'
—
'•»«*
97
Swift & co 2%s debs
1972
J-J
1973
M-N
*95%
96%
68%
100%
100%
96%
Texas
1st
&
New Orleans
<fc ref M
3 %s
115Vi 115Vi
A-O
M-N
2
114%
97%
101
40
103%
100
98%
104 Vi
103 Vi 104Vi
series B
1970
*-
A-O
J-D
1985
1st gold 5s
Gen & ref M 3%s serleB E
A-O
1990
2000
1st & ref M 3%s series C
J-J
91
95 Vi
90
110%
92 %
91
8
2
■:/
94%
99%
85
97%
91%.
104
*53
104
.1967
J-D
10T
1966
J-J
107%
2361
1950
127%
100% 100%
25
94%
101%
126 Vi
-
.
35'
11
57%
97
101%
21';.
99%
103%
"•■'36 v
95 V:
101%
88%
102
102%. 102%
100%
100% 101
.1951
MS
101
100% 101%
.1960
J-J
93%
101%
91
101
100% 100%
■Vv 5
212
•101%
Jf-N
1992
::
•>-
A-O
1960
1949
J-J
1st 4s
A Certificates of
Term
RR of New Orleans 3%s__1974
1st ref 4s
1960
A
AdJ Income 5s
Jan 1960
jjTol & Ohio Cent ref & impt 3%S— 1960
Trenton Gas & Elec 1st gold 5s
1949
Tri-Continental Corp 2%s debs
1961
J-D
*100% 102
J-J
78%
76'%
79 Vi
54
53%-
54 Vi
90
v
J-D
100
Af-S
♦101
MS
96
jr 42.%^
101
4
■
•
67%il0t
102%
95'"
-
93%
100'/2 1
IOOV4
101%
8
102% 102%
y
67%
68
28
37%
37%
38%
28
68
64
:
1936
Jf-N
1976
J-D
.1971
J-J
-
93 Vi
103%
■
2
•'
5
93 Vi
103% 103 Vi
C
X
Yonkers Elec Lt & Power 2%s
'/
75%
.
73
no.
19'A
' Y
43
30
93
•
96%
,
105
103
V**
-
*
103% V
> 30
40
♦__
deposit
t
r/;;
;
'"■■ 'f
'•
••
f.
* •
~"y
r
92%
93
93
IS
94
vl
'
: 101%
ioi
96
103%
•,
J-J
Wisconsin Electric Power 2%s
Wisconsin Public Service 3%s
64%
a Deferred
delivery sale not Included In the year's range,
d Ex-Interest,
e Odd-lot sale
Included In the year's range,
n Under-the-rule sale not Included in the year's range,
r Cash
the year's range,
y Ex-coupon.
97%
not
sale
not included In
U
Electric Co of Mo 3%s
Union
1971
1st mtge & coll trust 2%s
1975
2Vis debentures
♦107% 108 Vi
A-O
1968
M-N
1967
; j 3s debentures
Union OH of Calif 3s deb
{Negotiability Impaired by maturity.
Jf-N
J-J
1970
96%
96%
—
^Companies reported
108%
the Bankruptcy Act,
as
v1
.
being In bankruptcy, receivership, or
by such companies.
reorganized under Section 77 of
securities assumed
or
96%
5
101 %
36
101
101%
♦Friday's hid and asked prices; no sales being ^transacted during
102% 102%
4
101
103%
ABonds
101
102%
J-D
106%
97%
,
16
97%
100
96
96%
selling flat.
v
-
•',
,
•
,
I
I
current week,
-•
,
'
„>
,
»
101
•y
" j
1»
:;-i
:
v ;
.Utr,
'
NEW YORK CURB EXCHANGE 1IS1H8III ■
WEEKLY
NOTICE—Cash
In
a
and
AND
YEARLY
RECORD
deferred
delivery sales are disregarded in the week's range unless they are the only transactions of the week, and when selling outside the regular
footnote in the week in which they occur. No account is taken of such sales in computing the range for the
year.
weekly range are shown
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. 21, and ending the current Friday, Aug. 27. It is compiled from 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 FOR WEEK ENDED AUGUST 27
Friday
STOCK8—
New
York
Curb
ACF-Brill Motors warrants
Acme
Aluminum
Low
2%
2%
Shares
Low
100
2%
3%
10
32%
32%
30
.-1
common
Aero
Supply Mfg
Agnew Surpass Shoe Stores
Mfg
Air -Associates
5%
5%
100
4% Mar
7%
2%.
2%
200
1%
Air
Investors
(N J>
35
lAireon Mfg Corp common
Book
Cities
6% Aug
Xll% Mar
14%
6% Mar
9%
10
3
6% Aug
Jun
Apr
3% May
Feb
Apr
38
Jun
%
A
3,500
%
Jun
1%
Jan
1%
1%
300
%
Jun
3%
Jan
7%
1%
common—
Class B
300
: 7%
100
51%
Feb
8% May
Power
&
Air-Way Electric Appliance
Alabama
Southern
Alabama
>
Great
Power
4.20% pfd
Alaska
Airlines
Inc
3
50
1
~3%
10
Electric com
preferred
35%
American
Apr
7
May Y
3% May
American Maiacaibo Co
6
3%
(Mich)
5
Aluminum
$3.75
common
Co
of
America
cumulative
Goods
Aluminum
Industries
Aluminum Ltd
common
preferred—
Aluminum
18
18
v Y
50
•
Mfg
•
58%
58%
59%
92%
92
92%
1,700
<
v500
•
common
common
For footnotes see
page 35.
y
52%
52'/«
>9%
52%
v
150
1,800
2%
1%
75%
20
75% Aug
6%
6%
1,300
5Va Mar
37%
38%
350
4,100 ■
100
2%
2
34%
700
35%
175
90
Jan
Jan
18
30%
31
17%
18%
300
3,000
Jun
19% May
Feb
1%
40% July
Aug
113% May
3% May
Feb
40
32 Vi July
July
Feb
16
30%
7%
16% Mar
31
107%
36 Vi
29 ;
Mar
15%
Feb
W
Jan
43%
Jan
21%
Jun
32%
19
Jan
May
30% July
32 Va
14%
American
Jun
98
May
Mar
25
1
Products Co
Class
Potash
&
18
Jun
7
'Jun
Jan
Jan
American
Jan
Amer Superpower Corp
$6
200
Feb
Feb
3
17%
Feb
26%
Jun
38
Mar
51
Jan
30% Aug
36
Jan
29%
3 6 Va
Jan
30
•
13
Jun
7,000
•
10
25'
56
class A
Republics
Seal-Kap
5%
23%
•
Chem
B
American
5
23
5%
2
American Meter Co
69
36
Metal
common
Jan
Feb
Feb
American
25
Mfg Co
Apr
89% Aug
Mar
preferred
22v
60
9
6%
22%
Mar
22
"9%
•
•
Apr
17% Mar
14
100
20
25
Laundry Mach
4% May
1
common
1% July
{
93 Ve Mar
,87
1,500
1
Bros
100
common
series preferred
;
2% Aug
1
American Light & Trac common
101 Vi May
High
Low
1% Aug.
1,900
25
Jan
79
25
3%
Investing Corp
Altorfer
i
107% 109
~2%
1
American Hard Rubber Co
Feb
85
91%
Allied
Allied Products
-
X17% Xl8
38%
10c
convertible preferred
$2.50 convertible preferred
$2
Jan
97%
3%
Alles & Fisher common
Internat
1%
Range Since January 1
High
75%
6%
—100
American General Corp common
2%
96%
91%
97
100
i
*
Shares
1%
*
American Fork & Hoe common
4% %
2
Salts
for Week
Light—
1
American Gas &
■
—100
Co
American
T
Low
1
Beverage
American
;oo
36
American
American
6%
50c
preferred
;
1
Apr
12%
100
Range
ef Pricee
Par
Mar
6%
10
Exchange
American Bantam Car Co class A
3'/a Mar
Jan
Jan
12%
2
preferred
61c convertible
31%
*
1
common
Convertible
1
3% July
__5
common
Inc
'
3% May
5% Mar
3%
100
Curb
High
Mar
2
1
Alloys
Adam Hat Stores Inc
Ainsworth
,
New York
Week's
Last
gale Frlee
STOCKS—
Range Sine* January 1
High
„
"
i Acme Wire Co
Friday
for Week
Rang*
ef Pricee
Par
■1
falee
Week's
Last
Bale Price
Exchange
com
'
,
in1/* 1121/4
35
A-O
101%
98%
J-J
mortgage 3s
B
99%
101%
94
97%
♦98 %
J-J
1958
1st
;•
101% ^
99%
97
—
97%
MS
1967
Co
■
94%
100%
>
,
J-D
1970
&
67 Va
80%
"3
97%
101%
97%
MS
.1949
;
77
94
93
J-J
J-J
.
69%
59
;y
'
..
Y;
55
M-N
1971
109
64% •64%
101%
May
.1951
,
107%
106%
100% 101%
Af-S
A-O
1980
debentures
109
105%
5 V
68
67 Vi
67%
M-S
,
98
"2
■
107 % 107%
{
55'A
101
107%
107
107
Texas Pacific-Missouri Pacific—
Third Ave Ry
v
107V2
..
47%
101%
99
103
—•r,'i
*106%. 107%
J-D
2.65s conv debentures
.1973
*■'ij/
y,
. {,v,•
$
; 'Vyi ■ >'1'','ty'.y
i
90 %
121 Vi
4
100
1970
tWisconsin cAtral Ry—
5 A 1st general 4s
100%
88%
4
■
56
*98.
A
A Certificates of
deposit
5ASu & Du div & term 1st 4s
126 Vi 126 Vi
V;
-
104%
F-A
ser
Gen & ref M 2%s series A
RR—
Texas & Pacific
■
J-J
1985
1965
100
F-A
Winston-Salem S
2019
9oy2
A-O
Wilson
Texas Corp 3s deb
85
'V
Baking Co—
Wheeling Steel 3 Vis series C
1st mtge 3Vis series D
Ref & Imp M 4s series C
Ref & imp 2Vis series D
75%
6
91%
debentures 3%s_1976
83%
V'V 5
91
conv
Wheeling & Lake Erie RR 4s.
Terminal RR Assn of St Louis—
74
80%
Jf-N
-
96%
fV'
82%
80%
96
97%
2%s
100
♦99% 100%
—
109
'96%
80%
Apr
97%
96%
27/as debentures
100%
23
96
M-N
Funding & real estate 4%s
25-year gold 5s_
30-year 5s
Westinghouse El & Mfg 2 Vis
57%
Af-N
102%
101%
94%
95%
.
♦80%
Apr
Registered
2361
Western Maryland 1st mtge 4s
.1952
Western Pacific 4Vis inc A
Jan 2014
Western Union Telegraph Co-
113%
103%
F-A
*101
94%
Co-
West Shore 1st 4s guaranteed—
•98
110
1971
debs_. .1966
deb 2%s
RR
West Penn Power 3 Vis series L
94 Va
105
•>—
95%
Westchester Ltg 5s stpd gtd.
Gen mtge 3%s
84%
120
6
*102% 103%
100 A
99%
104%
96
♦__
Washington Terminal 2%s
25
95
112%
*99 Vi 100
A-O
5%s debs (subordinated)
1970
Warren RR 1st ref gtd gold 3%s_2000
89%
91%
10
♦102% 105
A-O
ASpokane Internat 1st gold 4%s_. 2013
-
112%
106% 107
debs_. .1985
3Vis debentures
97%
103% 109%
112
A-O
99%
103
107%
♦1041/2 105
Af-S
J-J
1958
Apr
Ward
102
.1961
112% 114
94Va
101 %
—
14
1st mtge 3Vis series B
1971
Walker (Hiram) G & W 2Vis debS-1960
104
87%
87
.1996
112%
—
110% 110%
Walworth Co
33
.1980
Devel & gen 6s series
Devel & gen 6Vis series
105
105%
8
96%
♦101
2003
5s
96%
MS
Gen mtge 4s inc series A_
-Jan 1981
Gen mtge inc 4 Vis series B_Jan 1991
84%
107
mtge 2%s series E
Southern Ry 1st cons gold 5s
Devel & gen 4s series
105
105%
—
A-O
Iron
Wabash
96"%
mtge 2%s series P
1st mtge 2 Vis series G.
■
97
w
95%
.->■
1st
Calif 2%s
97%
89
,
'
!
95
93%
5
;
*-
MS
1963
conv
Virginian Ry 3s series B
102%
1st
(N J)
91
——
94% /
90
90
Jf-N
Va & Southwest 1st gtd 5s
1st
«8%
*101
~
..
Southern Pacific RR Co—
Oil of
93%
*93
90.
'
96
3
.1969
(Oregon Lines)
52
80%
Gold 4Vis
Standard
99
r-a
_1957
g 4s series
124
10
Gold 4Vis
Standard Oil
94
96
101%
91%
123%
22
Af-S
Tel
87%
5
56 %
97%
93%
—
.1977
Bell
8
♦92%
Jf-N
1967
1959
f 4s series B
s
1st &
5
—
J-J
.1985
27/as
Southern Indiana Ry 2%s_
Southern Pacific Co—
Southwestern
90
96%
.
Cons
77
38%
*99
—
A-O
.1979
San Fr Term
102%
..
Vandalla RR
3 Vss
94%
♦30
1963
5s
debentures
4Vis
96%
88%
90
Af-S
1966
Southern Bell Tel & Tel Co—
1st
5
■
103
127
"l
127 '
101% 101%
71%
72
94%
1976
Bocony-Vacuum Oil 2%s
3s
High
99
Virginia Electric & Power Co—
94%
A-O
RR gtd
Low
99
P-A
1970
•
93
89%
100
127
—
101%
P-A
Nor Ala
J** •APE 1.
No.
High
65%
109
80%
-
:L: ?
*ioo%
--
J-D
ISASileslan-Amer Corp coll tr 7s__ 1941
.1965
Skelly Oil 2%s debs
&
Range Since
Bold
89%
51%
13
Bonds
.
J-J
Jan 2016
mtge 4%s series A
& Sons
debentures
2%s debentures
99%
'
150
100% 101
■
M-N
1996
E 1st gtd 4s
(Jos E)
Bid & Asked
RR—
Ref mtge 2Vis series CUnited Biscuit 2%s debs_
Air Line RR Co—
Beagram
South
60%
50
'
A-O
1st mtge 4s series A
Shell
59%
—
-
J-D
.1971
Dept 3%s. B
Scioto V & N
84
104% 106
J-J
1990
goid 5s series A
1st cons gold 4s_ 1968
Union
Seaboard
60%
83%
•'
M-N
Bt Paul & Duiuth
St
84
Week's Range
or Friday's
Bale Price
>
2d 4s inc bond ctfs
Gen & ref
Pacific
Universal Pictures 3 Vis debs_
J-J
mtge inc 4%s ser A—Jan 2022
A2nd
Last
Period
Exchange
Low
100 Vi
73
*80
J-J
98
73
A-O
1955
gold 6s.
2d
Bt L
If-A
1990
Stock
High
2%s
1996
York
New
Union
1971
Interest
BONDS
January 1
NO.
31
AUGUST 27
Friday
Bonds
Bid A Asked
Low
Baguenay Power 3s series A
Bt Lawr & Adir 1st gold 5s
(867)
Week's Range
Last
Period
Exchange
Stock
York
New
CHRONICLE
20%
30%
200
20
20%
; 1,900
S
600
2
3%
—10c
*
%
54'%
4%
Ol
54%
10,700
300
Aug
18% Mar
3%
Aug
% Mar
42%
Feb
27 % May
5%
Jun
1% May
62
July
'
•
32
RANGE
EXCHANGE
CURB
YORK
NEW
Monday, August 30, 1948
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(868)
FOR WEEK
ENDED AUGUST 27
Week's ;
Last
York
New
at Prices
Bate PriM
Exehango
Curb
Low
Par
American Thread
American Writing Paper common.—$
*7% "7%
14
£1
14
.
13% Aug
175
1
10%
10%
102%
Feb
43/4
Feb
4%
Feb
6%
1,100,
6%
7,300
10%
900
Light $7 pfd..
-alio,
Equipment Corp.
'
■
'
V
f**
i
■
•'>
"11
11%
xl8%
18%
Ashland Oil Si Refining Co
Electric Industries—
18%
900
10%
Feb
14
12%
Feb
23
Colonial
Jun
; 2,800
.
Jun
Colorado Fuel St Iron
'
American
Associated
dep
Atlantic
Coast
£1
rets reg
Laundries
Associated Tel &
•
America.
of
hi
•>
class A
Tel
3%
Atlantic Coast Line
-50
Co
>■
Corp
warrants
Plywood Corp.
1
Voting Machine
Avery (B F) St Sons common
52
«...
V-
f
5
•
Automatic
2% Mar
4%
Mar
Feb
24%
Feb
5
400
4%
Jan
7%
7%
I.-8
>:U;: 400
...
32
9%
Feb
6%
16% July
Feb
26
July
15%
Feb
.27
Jun
••
700
23
22%
8
—
Apr
10 % Mar
24%
-1:
,.r
.—25
preferred
Ayrshire Collieries Corp com.
Apr
Cook Paint St
Varnish Co
Baldwin
7 %
Baldwin
45
2,400
Feb
34
61%
53%
Jan
38% Aug
14
Jan
Locomotive—
preferred
—
Rubber
common——
Co
-10
—1
9%
9%
Mar
9.
Corroon St Reynolds common
$1
Banco de los Andes—
American
Barium
shares
8teel
10%
Corp
6%
5%
—1
Jan
convertible preferred
Cqurtaulds Ltd— ,
,
American dep receipts (ord
7% Jun
4% Mar
6,600
16%
6%
1
Baumann
16%
16%
I
Basic Refractories Inc
6%
15
1
(L)
& Co common
Beau-Brummel Ties common—
Beck (AS) 8hoe Corp
1
Bellanca
1
Aircraft
Bell Tel of Canada—
Benrus Watch Co Inc
14%
146% 148%
148%
8%
—1
Ridge Corp common.,
8% Aug
cum
Corp
pfd
Jan
400
^
14%
14%
3%
3%
8
100
38
100
100
79
79
26
26
common
9
9
200
20
19% May
11% Mar
17%
500
7%
200
22
•
bearer—
9% Jan
14% Apr
17
100
>;
,
1200
19%
750
Junior pfd__
100
100
•
Bunker Hill St Sullivan
Burd Piston Ring Co
Burma Corp Amer dep rets
Butler (P H) common
2%
13%
13%
Jun
100
»
"4%
;, 14%
I 4%X
14%
.7%
7%
54%
55%
55%
—
■.—
8%
: 8%
^00^
.xsoox'
2%
19%
19%
California Electric Power
12
32
Amer
Corp
Camden Fire Insurance—
31
July
./* 8%
.1
Convertible
2%
"
8%
common
500
Feb
3%
:
6% *
% '
Class A voting
7%
30%
:
31
Canadian
2%
7% '
7% I
6% Mar
8% May
SOO
2% Mar
18
Carreras
24%'
Duke
12%
:29%I
;"f5%
-1
'•
Casco
Products
(A M)
v
12
100
7
800
3oo
14M
>,
4%:
Jan
48
,
-3%
100
100
100, 1
10
common
1
Chamberlln Co of America—
Charts Corp common
page 35.
;
-V
i-v
2.50
10
—
8
,
; •-•,V
79
*
7%
Jans,
7%
-_
?•'
-.
—
■
-■
10%
13
12%
13
350
69%
72
2X0..
—
--'
12% ;
—
4%
7% r—
■
8%
—
—
—
84
Feb
19% May
Apr
90
8%
Feb
10% July
21% Jun
12% Aug
v.V
4%
1,000
7%
7%
300
"J. 11
—
50
)
—
60
■—
—
700
.
.
—
(54
Feb
Mar
12
Feb
^10
25
4%
11
29
Jun
..
-
16% May
11% Feb
900
t.
Jun
3%
.
14
14%
10%
10%
300
X74
X74%
250
Jan
-40
77
77%
150
74% Mar
83
May
8
Jan
4%
1,400
Jan
v;::vii%juiy
',3% Feb
13%
100
21
•
•
Corp
65
;
Power Co
36
'
13%
79%
,Mar
t)
9
,3%
11% May
9Ys Feb-
.
.
5 Y* May
Feb
)
Jun
16%
Feb
3%
Jan
14
'
12%
May;.
Jun'
■4%
•
Assn common
$7
100
'
-
75% •77
'
"5 ii; :;f 3
100
78
1
.68
v
-.12%
$0 preferred series B—
69%
14
83
Apr
3,000
4% May
>
\ May "
88
Feb
>•81% May
53% Feb
150;
May j
Jan ,
-
58
v
2% Mar
>57
50
78
$
83% July
«65 % Mar
54
£
preferred series
May
7
;
76,'s Mar
•:
100
28
Eastern States Corp.
;>• vi,
1,800
5
83%
*>83
prior preferred
—10$
preferred
..———-100
t
Eastern
Sugar Associates—
/ Corn shares of beneficial lnt
*88 pfd shares of beneficial lnt
Easy Washing Machine class B
Electric Bond St
1
1
*
Share common
60^e
13 '
112%
—8
1,000
Feb
■,■14% May {
9%
Feb
>16%
Feb
3%
Option warrants
Electrographic Corp common.^——^1
Electromaster Ipc
1?
Empire District Electric B % pfd
100 Empire Mill work Corp
1*
Emseo Derrick ft Equipment..:—,
8
Equity Corp common,
—
lOe
tl convertible preferred
1
Esquire Inc
1
Eureka Corp Ltd
1
Eureka Pipe Line common—
10
11%
11%
r.
>
93
7%
1%
V
7%
:i%.
—
38
37%
.3%
Feb
Feb
.
-c240
>
Jun
.
.2-% July
40
i
!
25
>1
Aug
1
8% May
3% Jan
•
30% May
Feb
July
3%
:: 14
Jun
% May
5%
ADr
8%
,
Jan
13
"
•
Jan
25%
18% Aug
15% Aug
Jun
May
21% May
Feb
Apr
v
21
,.10% July
54
July
86 %
Feb
7%
•
Jan
70
Jan
18
Jan
Falrchlld Engine ft Airplane
Metallurgical
Fansteel
Fire
Associatlbn' (Phila)
First York Corp common—
$2
dlv
Flshman
'
5c
to
cum
10c
'
24
4%
11%
24%
23%
—-
29
Jan
53 %?
2%
2%
-
60
400
■
3% Jan
8.800
.
July:
5% May
10%
4,300
11
52%
*2%-
9%
1,200
?
4%-
4%
r
Feb
15%
Apr
46
Jan
63%
Jun'i.
2
Jan
3% May
33%- Apri¬
-88
preferred
(M H)
$1
;
1
1
•
10
Aug
:
Co—
14% Mar
Stores
ls
•
Apr
Ford Motor Co Ltd—
Amer
Ford
dep rets ord reg..
Motor of
Motor
Amer
of
3% Aug
5% May
3%
200
21%
800
16%
Jan
23
May.
.25
18%
Jan
35
Aug
Feb
?2
Jan
Feb
10 V» July
Canada—
Class A non-voting
Class B voting.
Ford
3%-
21%
25
5 25
France—
dep rets bearer
Fort Pitt Brewing Co
1%*
1%
10
:
10 Va
.
a.
1,700
1
1,400
7%
*
i
% Jun
Apr
•—6%
.
8T/» Jan
.
,
37% Aug
•
.
Jun
Feb
*15
-1V4 Feb
1,200
-
6%
rjll';';'
-
.300
-y.4*.»:r&:
{
July
'93
Jan
,92
50
Jan
;
14"% May
2% Marw.
200
-i
•
„
Jun
7
10 % Aug
..-200
2%
2%
,93
146
Feb
126
;iio
•
Aug l/
8%
'
18,000
133%
138
Aug
60%
Feb
50
1,275
12%
58
,12%
14
10% July
Jan
74% Mar
13
12%
56
—
13,300
■;
12%
May
12% ',Jan
38% May
Jan
16%
.
10%
—
;
15
Jan
82%
;
60
10% ;:
—,-10
4
78
Jun
7%; JU9
.21% Mar ;
,
——
5% Aug
1
common
see
4
Jun
6% Jan
Apr
-■
;■
Jan
'Jan \
110%
Jan
.31
78%
14
.7%-Aug
2% Apr
.
Falrchlld Camera ft Instrument—;
—•—100
preferred..——
Chicago Rivet ft Mach—
6
53
Apr
'
.4% Aug
1
Conv pfd opt dtv 6er_,
Conv pfd opt div ser 1929—
Cherry-Burrell
common
Ohesebrough Mfg common
✓
Jun
10Apr
57
3% Aug
/
July
2% July
H.4% Aug
V
Central Power St Light 4% pfd
100)
Central ft South West Corp
5
SCentral States Elec 6% preferred—100
Cessna Aircraft Co
145
V
10
Central Maine Power Co—
3.60% preferred
Central Ohio Steel Products—
For footnotes
17% Aug
Mar
2s 0dX
4%
769
2,700.
Eastern Malleable Iron——
•
Aug
108%
1
July
Jun
5% Feb
;
4% %
t%
May
Apr
8%
300
.240
common
Jan
4
23%
12% Apr
'
18
0
Century Electric Co
Feb
25
35
..
a—,—•
Catalln Corp of America
7%
<
12% May
pfd——*,t
common
Apr
Jun
;
11%
11% Aug
x7% r.
12
dep rets ord reg.—.——
Bast Gas * Fuel
.
12% May
1
& Co
31
Feb
'18%
' 400
24%
140
Feb
-Mar
2Yb May
2,400
24%
8% Ju.y,;
12% Aug
Apr
18
6,200
^
35% Aug
9% Aug
17,300
9
Dunlop Rubber Co Ltd—
ord reg.,
SI
class B common——•
Duro Test Corp common
J.—1
Duval Texas Sulphur
*
Apr
3%
xl4% Mar
1
Aug
140
Raynolds class B
Draper
18% May
1% Feb
Amer dep rcts-B ord-L
Castle
Feb
16%
150
Ltd—
Cariier (J W) Co
20
Feb
22% May
-•«
f
Jan
3%
,12%
139% Jun
Carr-Consolidated Biscuit Co—
Feb
6%
3% July
5% Mar
Driver Harris Co
4% May
2.50
Carnation Co common.,
Carolina Power St Light $5
37%
Jan
Aug'
30% Aug
Jun
600
' 7%.;.:
3%
—.—.1
Carman St Co
Jan
3 *
100
.
r
8% Aug
•
—•
16 Y*
..
6%'Aug
50
28
Electric Power & Light $7 2d pfd A—•
Capital City Products—.—
Carey Baxter St Kennedy Inc
;
Jan
8
Jan
8%
100
Marconi
£
13% Mar
IOC
1,200
•
11
Dominion Steel St Coal class B
Jan
Feb
;
V
*
20% May
11% Apr
•
preferred
,
'
Jun
35
7% Mar
-
*
3
class
Dominion Bridge Co Ltd.
Jun
Aug
.300
Canadian Industrial Alcohol—
'Class B non-voting
Canadian Industries Ltd—
Apf
3*7,;
.
Apr,
54 .'
6
Domestic Credit Corp
12% Apr
*3% Feb
*
preferred
v
104% Jan
150
3
17% Jun
1 % May
>
24%
.
:
May
-
3% May
,11% May
—
Mar
%
2% Mar
*
II
16
v;,
16% Mar
50
•
,
13
•
20
.Jun
Dominion Tar St Chem Co Ltd——•
1
Canada Bread Co Ltd
Canada Cement Co Ltd common..
;<5 % % ■ preference^
Canadian Canners Ltd
.7%
1% May
\
9% May
-'9;
'4% Marq
Dominion Textile Co Ltd common
2% Mar
7%
Feb
'26,
4,200..
Dobeckmun Co common..
«May
Jun
67/s
————1
Callite Tungsten
l%;Jnn
10% Jun
.
100% Mar
12% May
XX
8%
53% Jun v
,
2% Aug
500
^
33
Feb
13% Mar
.10
33
1;;
-4% Jft»
v
Feb
.,
5»/a
500:.
3
X a.y4 > 2%,
24%
1
8
I
'
-<56% May
;
.6% Feb
5% Mar
a
V600
'
Mar
£1
8
37%
.
14%
14%
•
25c
•
15% May l
9% Jun
Jan
-Mar
Distillers Co Ltd—
5% July
Feb
10% July
5
,,
Apr
May
6
3% July
:
400 "
'7
6%
•
X
3,000
9
16% y. 7%
7%
—
-
Jan
11%
4% Febi.
3.200
•
1%
13 y«
46
•
--X
_
'. Amer dep rets
Durham Hosiery
American dep rets 5%
pfd
Calamba Sugar Estate
Calif Cotton Mills Co
2%
17% May
% May
Jan
3»/a
300
2,300
525
.
.
x
;
v
45%x46%
1
* 1%
45%
8
1
•
1
—5
•100
.14%;.8
'
10% Mar
50O
5% X5%
Jan
87/» Aug
•
I
Jan
Jun
,
XX; % May
400
-tX- %
2%
15 Y2
40
Feb
Mar
;Cv;.2 •'■■ ;Jun'-.8% Feb
2,100
>Aug
'
•
——
250
BOO
liy.
X 130
t||||
Diana Stores Corp common——
27% May
17 % Mar
25o
Cable Electric Products common
Cables St Wireless-
X
50
Jun
5ya July
43
>
1% July
iv
•*
300
32%
——
16
8,900
—
12 %e
v.-
13%
2%
60O
1
—
••
13%
300
;—2.60
Burry Biscuit Corp
2%
.
5% July
7
Apr
25% May
•
•
-*-r
13%
32%
ny4 Aug
107
X
Feb
29%
1,300
>
105% Jun
Jan
Feb
2% Mar
Jan
.
114ya May
72 Vt
500
*
common—
Detroit Gray Iron Foundry—
Detroit Steel Products
——
O>
23 %
12% Aug
200
49
70
k
Aug
8%
2,300
1,350
debenture
2% Jan
1% Aug
«Jan
2.50
Buckeye Pipe Line
12% Feb
20
1,000
2,500
:
.
Jun
98
80
-fW
Derby Oil Co common
Detroit Gasket St Manufacturing-
Devoe St
300
>5% '-5% -10%
11
1
Co common—.
Bruck Mills Ltd
8%
July
13% Jan
'I
1%
22%
48%
Day Mines Inc..
Dayton Rubber Co class A
Dejay Stores common
Dennison Mfg class A common.
July
r
Ay*
1% Apr
10
Bruce'(E L)
18
22%
Inc
Davidson-Brothers
'
1%
22%
■
—1
Brown Rubber Co common
Davenport Hosiery Mills
% Aug
14% JUn
9% Aug
9
"fi% 1*9%
J"
Jan
23
Feb
15% Mar
£1
Amer dep rets ord
reg.
£1
British Celanese Ltd—
Amer dep rets ord
reg
10s
British Columbia Power class
Au— ^*
Class B
—•
Brown Forman Distillers
r.
11
7% Aug
17
100
-'■
8%. Jun
6% Feb
107% Mar
30
8% May
13% Mar
W%
A May
80% Agg
May
Aug
22% Aug
•
•
1 11%
487/e
—2.50
•
(Mo)
Mfg Co
5% May
29% July
X62%
40
4% X. 4 % X
.4%
•
common.
Curtis Lighting Inc common
Curtis
11
99
11%
100
1
100
common
Apr
50
79
7%
——•
——
preferred
Tobacco
x 99
——————10
preferred..
6%
Cuban
10% May
Jun
Aug
17%
1
——
$6
Cuban Atlantic Sugar
14% July
^4% May
33% Mar
10
—•
8
—
Crystal Oil Refining common
9 % May
2% Feb
3,000
8
36
A——„»——*
cum
18
7% Aug
6% Mar
:—20
British American Tobacco—
Amer dep rets ord
4%
15% Aug
98
98
'
—
Crown Drug Co common-
Aug
Jun
•
British-American Oil Co
1
34
•
Bridgeport Gas Light Co
Bridgeport Oil Co
Brlllo Mfg Co common
Class
Jan
Apr
•
Brazilian Traction Light & Power—*
Breeze
Jan
31
it-
,
Feb
July
tV Jan
300
109
reg)—£1
Crowley Mllner St Co
.——
Crown Cent Petrol ;(Md)
—
Crown Cork Intern a t'l ."A" par tic
Apr
July
250
15%
15%
1
Blumenthal (8) & Co common,
Bohack (HC) Co common
prior
3%
149%
10%
22%
*.■
■■
Crosley Motors Inp.
Jan
19
Inc common.
—I
Blrdsboro Steel Fdry St Mach Co com.*
Blauner's
common
S
*>•• •'
I-''• t-"(: <'"-•►
Creole Petroleum..
Croft Brewing Co,-.
May
17
125% M«r
8%
,
Blckford's
5%%
7
:
1% Jan
.100
Borne, Bcrymser Co
Bourjois Inc
Apr
14 % Mar
15%
14%
Benson St Hedges common——
Convertible preferred
Blue
Aug
7% May
15 % May
5%
1
common
18
Feb
5% Jan
10% Mar
A
5%
Barlow
St Seelig Mfg—
$1.20 convertible A common
preferred class
Cosden Petroleum common
Jan
11
Feb
7
33%
25 y« Mar
XX^oo-
63%
109
5o
-*
1
—*
1
50
—
Feb
,
75;
7%
7%
63%
T.
1
*
.
1
Inc
Coro
Feb
4 y«
25,900
July
May
7Va
Aug
600
A
28%
July
8
9 y»
-
l: x' *v-1:
•
1
1
—•
Cooper Brewing Co common
Copper Range Co
Cornucopia Gold Mines
61% Jun
4%
32
28
5
3%
29%
Jan
15
Feb
3,300"
July
,
7%
Feb
1,200
Jan
.61
6y« Aug
V
4,500,
37
4%
f*
28%
10
Consolidated Royalty Oil—T
Consolidated Western Steel Corp
Continental Car-Na-Var Corp
Continental Fdy & Machine Co
Babcock St Wilcox Co..
35%
1950
to
ext
Vtc
5%
'
f.
7%
:X;3%
SOO
5% 'V
'
10%
Feb
4,300
->
.
Jun
Jun
>4
Jan
6
6%
5
6
1
•
100
4% preferred series C
100
Consolidated Gas Utilities..
1
Consolidated Mining St Smelt Ltd——8
'
7%
24
X 100
6%
6%
'•
Consol G E L P Bait common
4% % series B preferred
May
6%
'
6%
Jun
7% May
3%
1,500
5%
Apr
64%
4,900
27
5
Aug
x'!
5%
37
Manufacturing Co
28
Commodore Hotel Inc
1
Commonwealth St Southern warrantsCommunity Public Service
28
Compo Shoe Machinery—
Jan
17
,
26
26%
Inc
:■
i! )
5%
Atlas
Products
Feb
400 "•■
1%
Feb
5
Atlas
Automatic Steel
%
6%
Co
warrants
Colt's
Jan
'"
3%
3%
8%
Aug
700
400
jl
14% .16%
Fisheries
0
'
■
1
1
Airlines.—
"Colonial 8and St Stone
Associated
7
'
'6%
'5%
300
100
Jun
4ya
7% Mar
'14
,
Apr
19
Feb
Feb
1%
400
v>
Jun
11
1% Feb
45%
14
~5%
—
14
50
400
4,100
10
Jun
66%
14 Yt May
'X
9y« Feb XXX
2%
■■■X 7 X
——
1%
Feb I
11% Mar
3%
'v.
7% May
'
700
v,
-
VX31%- Feb
2,500"
16 Vi
3%
44
•■:■'>■■-x'x;
•
.XX,
1,800
19,500
10%
.-%■ 9
X
'■Y'm*
X
55%
xl3
2%
'
20
•
Development ordinary
Colon
115% Aug
■'■
■
7%Ttfay
Jan
1C%
1
Cockshutt Plow Co common
Jan
Jan
5%
10%
10%
4
8 % May
107/a
Feb
,112
;
8% May
':,
10% May
5%
51%
2%
Claude Neon Inc common
500
1,300
xl3
~3%
Clayton St Lambert Mfg
Cllnchfleld Coal Corp common
Club Aluminum Products Co_
Apr
108% May
6% May
Jan
4V»
6%
10%
•
&
98%
400
6%
IIIIIo '
preferred.
190
4%
10%
w;
6%
.....•
12%
Feb
102%
4%
•
Common class A non-voting
0%
8%
4Ut>
6%
6»/4
1% X 1%
1%
Clarostat
High
Low
High
C%
53
—1
Controller Co
Mfg Co.f—
Clark
Jan
4
Ranga Since January j
Shares
6
'
5
,-10.
Stamping
City St Suburban Homes
City Auto
19% Jua
;;
May
3
300
10%
102
4%
Inc
Arkansas Natural Gas common*
3%
3
Appalachian Elec Pwr 4%% pfd—...100
Aro
Cities Service common
%
6%
6%
1
10'
Mining
Chief Consolidated
Jan
7% July
Feb
trust ctfs
Xoting
Jan
8%
'
1
Apex-Elec Manufacturing Co
Arkansas Power
5%
400
-'••;>9
July
6
af Prices
Low
X
•
—*
Air Linen
Chicago St Southern
Ltd—
Co
Amer dep rets ord reg
Angostura-Wupperman
Argus
900
Sate Pttea
Par
Jan
5
for Week
Last
•.-".Vt-V;-. „• i;
Exchange
Curb
Terk
High
f,
4% Apr
6% July
v
200
:6%
R«V
Range Sines January 1
Low
4%
STOCKS-*
I
,
—1
Angerman Co Inc common
Anglo-Iranian Oil
S
6%
--
Shares
2
Anchor Post Products
•V-
Bioh
4%
1
preferred..
5%
Rang* V for Week
,i
Sale.
Range
Friday
Sales
Week's
Friday
8TOCK8—
I
•
Tttfi COMMERCIAL & FINANCIAL
Number 4729
Volume 168
NEW
Week's
Friday
1
Last
y-
stocks—
./
1-28
common..—It
4% % conv preferred*—i—
60
Fuller
(Geo A)
Co
;
#
(Peter) Brewing
Franklin Simon & Co Inc
Fox
30%
9%
;
2
Gattoeau PowerCo common—i
5 %
preferred
100
~Gellman Mig co-common
,
,--1
13'A
VGhrrett Corp common
11% Mar
*
\
32
Jun
12%
Jan
Kbiser<Fraser Corp
Kansas Gas A Electric 7% pfd
Kawneer Co
16
.//•*-
20
90%
7%
*
Jun
Feb
84
:
100
f|
•
10% Apr
Alloys CO—
;—
*
General Builders Supply Corp: com__*.l
5% conv preferred..
25
;
2%
Feb
27% Jun
1,000
—
8
*
I
1
11%
Klein
(D Emil)
5%
General
Phoenix
6%
6%
1,600
36'A
200
100
Corp
J*n
—
3%
^
__
4
6
900
4% Aug
95
__
General Shareholdings Corp
4%
96
com...—1
4%
$6 convertible preferred..'—.—.'90 ■>"
Feb
2%
400
5%
5%
?
400
4%
90"A
9
Apr
39r July
105% Apr
5% Jun
Feb
98
1
v
27
220. •>
Feb
84% Mar
16%
2 Apr
1>"
i
Gilbert (A C)
common
117
Mar
>
20.
—
,:,
2% Mar
..
v.-
-
"
.
Gilchrist
•
—
Co
VV-t
100
16
Jan
:y.
Gleaner Harvester
Olenr Alden
-
11
Coal
Globe-Union
Gobel
.
Class
.
%
•. j
8
Apr
21%
Feb
Inc
Gorham
Mfg
w
f
1st
%
Jun
OuR
States
Utilities
pfd
Lamp
Hamilton
3%
Co
.AJ
2,600
Jan
g%
Hartford
63:
Rayon
91
Mat1
138
Mar
or.
133 "
Fab
120
Apr
140
40
* 37%
'
38 %
200
9%
9%
100
987*
99%
30
-
98%
7%
8'
98
;
Heller Co
51%
3%
1%
Mar
50
51%
3%
51%
Hoe (R)
■.
;
i
\
A A
■
AS
9%
13
13%
9%
13%
Hormel
»
2
1
—v
•
-
j
75
ioy4
10 Va
68"
9%
68
-
^
5%
-
16%
:
>
A
5%
~7%
•
i
Co
A
3% -
3%
Hubbell
1
27%
7°"
•
40%
*
143
•
Inc common.^...
(Harvey)
9%
;
Mar
3
Feb4
5
42
30
143
32 Vs
...
Common
Huyieris
A
stock
'
-
140
20
-
21
77
78%-
.10
—
4,800
^
A
—
~4
~3%
900
..1
Hydro-Electric Securities—..
^2%
*-
Hygrade Food Product*
24% Jun
Feb
"2%
|>
100
88'
Jun
4% May
44-
Jan
pfd— -50
conv
53
53
53%
Ainer
4
4
42 Va
Jan
3% May
Feb
SI
Jan
-V". ;
500
4
Feb A
Aug
13%
■r
Registered
Rights w li
Imperial Tobacco of Canada.—
Imperial Tobacco of .Great Britain
A Ireland
4,500
fy-:
1%
"t%
52,600
Mt%
...
"
13%-
13%
I'll*
§9% May
16%; Jan
A
2
'
j
■■■
V'r 200
liy« Mar
"
17
,
1
4
:1%
;
SYi'Han y
Insurance Co ot North America
-10
International Cigar Machinery
_i_
• '
■»%I>uir
95%
30
95
xi3
96-
*
;
July92% Feb
100
:
A1
Preferred $3.50 series—
International Petroleum
60
Registered
coupon
«
JUn
13% Jan
'
96'
•
Mar
107% May
15
shares
•
International Products
10
International Safety Razor
International Utilities
i
.•
,s
'Investors
B
....-?;■£+
cl A
5
11%
1%
900
11%
:
1%
100
5%
5%
%
-
■
100
%
1
JnKan
A
For
,
Knkene«>
footnotes
6%
see
35.
2
Jan
38%
22% Mar
42
July
37 ;
-
r
1,600
1
Apr
30% Aug
July
12% Mar
>
Aug
Jan
Feb
•v;
May-
44%
~
9%v Feb:*,
217%
1,400
6V4 May
V
25
% Jan
3V8 Mar
~v
'43\;
Jun
July
7% Jun
3% Feb,.
2- 3% Feb
100^
-
10%
111
Feb
103
1,700
6 % May
•
CO
Jun
V'8%
Jun
Jan
:
6%
6%
29%
7%
v
t c
Middle West Corp—
Ex-distribution
—5
i
—•
—•
$2 non-cum dividend shares.
Mldvale Co common
^
50c
Miller* Wohl
Co
Feb
Tm
8%
6.%
8%
200
300
V
1,200
7,800
10
10%
24
24
V
-mm
:V Mountain
i
21%
.21
-
'425
:'V-
200
400
•
18
22
22
•
2
4Va
Feb
7%
8%,
Mar
*
^.*
100
Mountain
States
Tel & Tel
5
*
2.50
,:
5
35
30% Jbn
Mar
Mar
87
•
163
162*
"
93
100
300
-
-
-
'
Feb
3% May
10%
.
Apr
Aug
162 ;
50
800
I6V4
16 Va
107%
107
1,100
JUn
103%-Jnn
2%
34% Mar
*4%
Jun
',2' ' >
Jun
96%. Aug
|:,;,25.2
10%
10%
10%
6%
96%
2%. Feb
3,200/
941/4
Jan
8% Mar
6% Mar
500
r
163
Jun
May
104
23% Mar
97%.
■
8% May
Jan
5
.96
97%
j-
"
"7% "8 2:;'
93
Jan
9% May
Jan
7
*'
Apr
25% Apr
5
May
24
Apr
22% July
13 V* .Feb
3%
Apr
28
19% Feb,
3Vi Aug
;
4 •; V
4
4
10
Producers*
Mountain States Power common
13%
10%*July
23% Mar
•
5
8%
10% May
>•
1
50c
—
Apr
31% Aug
Feb
200
•_
24
Corp,
1
Monogram Picture* common
1
Monongahela .Power Co—
,•/ •
4.40% cum pfd
100
4.60% cum pfd series B
100
Monroe Loan Society com class A..—1
Utilities
10
6% Feb K:
7%
10,200
—
2% May
9% Jan
6% Mar
19
Feb
7%
7%
4%%* convertible preferred—
Dakota
10% May
•■"C;7%- Feb
•
common
Feb-
1% Mar
*
1,600
1
,
30%
29
10%
5%
7% Mar
-
8%
10
Co
'
1%
^'.u I'V/.v-..-
—•
Abrasives.
Oil
mm*
6%
,2
700
67/8
,
;
V2 60;.;;
r
3%
Feb
26% Jan '
97% Mar
25
Aug
25
July
13% May
178%
Feb
12%
•
•
Jun
40% Jun
4% May
17% Apr
33% Aug
115
July
Aug
33% May
27
Jan
2% May
12% Jun
'2% May
20% May
Feb
4% Jan
5% Aug
4% Feb
7%-:-' 2,100
-
V 29
1
v
Jun
4%
•.
7%
Apr
A1% Apr
■
Apr
9%
Jan
8Y4 Aug
>
9%
Feb
4% Feb
20V4
page
8
1% Mar
20% July
4Vb Aug
'6%
1
17
*
Co
Feb
1%
100
Co
13%
July
%Mar
1
•
3% Apr
May
>13
1%
400
>
Muter
Co
Company
Nachman
Namm's
J
Jun
6% Jun
w%
Jan
10%
200
€00
10%
"5%
11% Aug
200
13% Mar
4% Mar
4,500
2% Mar
15% Jan
6% May
4% July
35% Jan
37% Jun
5%
3%
%
32%
32y*
UVa
n%
3,100
11%
Feb
14%
15
1,000
12%
Feb
4
•
>
100
»i
z,
„i>:
—
12%
12%
-.41'
8 V«
8
200
3003
"
.10
9
'
9%
500
4%
1,100
Transit common...
12% Aug
7% Mar
8% Aug
15
National Steel Car Ltd
National
Feb
12% Apr
National Pressure Cooker common.
National Rubber Machinery—.—
29% Mar
33%
125
III
National Radiator Coj.
Jan
14% May
..1
common
National Breweries common...
13 V*
Jan
11%
.io
Hess
10% Aug
10% Aug
common
National Bellas
'2.
'-28
50c
common
Corp
Inc
227' •
10
common
National Mallinson Fabrics.
Preference
\
37% Mar
National Mfg & Stores common—
Jim Brown Stores common
Feb
& Scott Corp—
VijRkogee
1%
—1
Feb
8%
13 % Maf'-
1
Co
preferred
National Fuel Gas—
Jefferson Lake Sulphur Co..
2 2 2%
12
18%
•
7%
Jeanhette Glass CO common.
JUn
July
11%
*
Jun
9% Mar
f
Jun
38
18%
12
•
Apr
16% Jan
200
/
16%
27
18%
Montgomery Ward & Co class A—
Moody Investors partic pfd
•
> Morris: Plan Corp of America
10c
58% Jan
If Mar
1,800
18%
Apr
May
*
& Co class B
14
12
2,800
1%
18%
;5 Va
1
10
9% Mar
500
200
11%
•
•
•
,
12%
1% V. 1%
__l
com
11%
12%
..
Jan
Jun
9
Aug
17% May
Feb
34
*
24
Mar
51
6,000
18%
Feb
12
21
10
9 % Mar
200
'11%'"
11%
11%
1
:
Iron Fireman Mfg voting trust ctfs
Irving Air Chute
Italian Superpower Corp
'
11%
*
112..
14% July
£1
Vernon-Woodberry Mills.;
Murray Ohio Mfg Co
Muskegon Piston Ring common
23% Jan
11% "
•
common
Royalty
52
52
—
5%
8
14%
15%
t c„1
Class B
Montana
-
•*
shs„*
8
V.14%
1
—*
*
Mt
International Metal Industries A
Jan
23%. Jun
,
Apr
14% Aug
.
Hydro-Electric—
-
Jan
55 V4
Feb
V Molybdenum
t
International
15
10
Midwest Piping <5e fi'ipply common
VMM-west Refineries.
12% JUly
12% May
'
"
xl3
88
550
"
-
-
xl3
92 "
91
5,800
rw
•
' ".r-:
f
;
91
20-A
Jan
60
110
«;
May
16% May
11%' Mart
: i,v July
I.'
—£1.
Indianapolis Pwr A Light 4%pfd .100.
19%
July
1.
Apr
'
':■% Midland Oil Corp $1 conv pfd
Midland Steel Products—
;8% Feb
1
\
10
Mar
44
wU"-''
f \
"
Imperial Oil (Canada) coupon
49
325
Middle States Petroleum class A
•
1
A
—£1
„
% Mar
300
Michigan Bumper Corp.^^Hj^.^.J.11
Michigan Steel Tube.
;
2.50
Michigan Sugar Co common—
•
6% preferred
10
Mlcromatlc Hone Corp
:
—1
Midwest
10% Mar
dep ret* registered..
Feb
7% Mar
50 V4
25c
Participating preferred.^u«.-u.-.^l$>
Mid-West
Imperial Chemieal Industries—
.
18
26% Jan
24 Vi May
9,200
Metal Textile Oorp common
7% Jan
52%
Aug
26
24% Jun
Feb
49 %
50
2 Mining Corp of Canada——
*
i Minnesota Power A Light 5% pfd—100
2,800
May
Feb
300
'.
•
20
20%
Missouri Public Service common
;
Zinc Co common...-
Illinois
;
Jan
30
22
•
150
2,600
,
Va
54 y4.'. 55
preferred
Iron
7% Jun
I
■■■*■*4
;
49%
Dredging
Mfg
A
Mesabl
k
%
I
July
Marine
common
(A G)
Mc Willi am s
Apr'
16?-
25
'C
5%
"
y
•
Aug
"
23 'A
9%
9%
38 Va
3% Aug
27% Aug
J%* Feb
4'
-
25
Va
*
Corp
6% %
i
110% Jun
41% Mar
l
Illinois Power Co 5%
11
11 V
-
300
Merritt Chapman
Jan
35% Jan
2% Aug
warrants...
common
9%'
dep
International
Menasco
Apr
148
i Feb A
X65-
*
•
1st conv preferred.
7% Mar /
.15% Mar
300
C;
22%
23
_1
Mead • Johnson- M
Jun
44% Jan
19% May
100!
-■
—
May
21% July
12% July
22% Apr
Public Service Co
McKee
4% May
30%
31% Mar
105% Jan
200
33%
21
-
77
;
'j, Hussman Refrigerator $2.25 pfd
"
"'
■•
1% Jan
Jan
20%
May
39% Aug
_.i.5
—
10
25
600
■yy
$2.50 preferred
Apr
85% Jan
Jun
•24';;
50
May
7%
5% Aug'
200
•-
100
Humole Oil A Refining
Hurd Lock A Mfg Co
Jan
Apr
400
-V
25
McCord
•>
A
A
7
May
May
■j_ -fir Apr;
16% Mar
'm>m
—
1%
11% Mky
98% Apr
19-
•
preferred
Jun
28
.
9
i5,500 *
•
11%
1
Jan
Aug "
7% July
1,500
20
11
/
17%:
19V4
'
12
9% Feb
A
100
-
8
27%
-
•
common
25
Feb
100
%;
11%
McClanahan Oil Co common
Apr
11% Jfcn
Feb
48
'
~8
j
Jun
-50
%
.
..5
Communication Co Ltd
11% May
14% July
Jun1:
200"
w_«
(Geo A)
A. Feb
91
..1
j.
common
Jan
28
Aug
Feb
Groceterias class A
Maasey Harris common
MeAleer Mfg Co common
5% convertible* preferred.
9% Aug
Aug
10%
8
T ./A
Horn A Hardart Baking Co—.
Horn A Hardart common
5%
10
10
V':*>A
18%
6
9%
,
20
•
Marlon Power Shovel
:
2% May
7% May
»V: ■. Mar
'
1,300
10
9%
684
Holly Stores Inc
Holophane Co
:> Border's Inc
i
13'/a
12%
•
"
300'
100
A
7
9%
%
•
1
Mangel Stores common
(The B) Co..
Mapes Consolidated Mfg Co
•
Atlg
4% July
5% Aug
6% Feb
9
100
A Co class A.
10%May
-
,19% Aug
:
Feb
9Y4 JUn
300
6%
17
—
Macklntosh-Hemphlllt^
56% Jan
Feb ",'
1%
13
^_2
Holllnger Consolidated G M
23 ya
25
100-
Louisiana Power & Light $6 pfd
9% May
8% May
Apr
2.
9%
-
i
preferred w w
preferred w w_
Henry Holt A Co common
V
■CV'.
Lynch Corp
tin
Apr
47
•
2 2% Mar
•
1%
~9%
^
common
5%%
200
May
11 y«
Jan
7% Feb
6%
1,100-
Mar
105
AUg
.
48
•
t'A 4%
17 Vi
9% Jan
May
30
43%
•
common
A
9% May
17% Jan
Feb
Jun
44% Jan
36% Mar
7% Feb
5% Feb A
1
44
—
Class
6%
700
23%
23%
preferred A ctfs- of dep
t Maine
25c
Helena Rubinstein
•
%
-v-v
mm
;6% preferred B ctfs of dep
Louisiana Land & Exploration;
14% May
7
200
.5
A Hecia Mining Co
'
13% Aug
8% July
>
'
*
200.
5 5;
Inc 6% preferred—25 j
Common ctfs of
10% July
500
137% 138%
.
.
..
.1
...
13
.
9%
1
Hearn Dept Stores common
100
——51
common
Lone Star Gat Co. (Texas)
;
:
16
Apr
24% Jun
Mar
13
20% Apr
100
1
—-25 H
Longlnes-Wittnauer Watch Co
Long Island Lighting Co—
18% Jan
■
j HazeI tihe Corp—
Mar
14
11% Aug
L
8'%
Class B
% May
6% Mar
.A
s%
!
X Harvard Brewing Co.
1
;
Hat Corp of America B non-Vot com..1'
Hathaway Bakeries Inc
20% Jun
111 Jan
1July
13 y*
I'
1
Monotype Machine.
Locks Steel Chain....
•7% May
9% Jan
65
Jan
Feb
109% 109%
25
:
common
,
4% May
3% Aug
Mar
14
8%
23 Va
Loblaw
Jan
Jan
28 V«
Mar
*: 50-
•
Electric Light
f HartfOrd
Jun
13%
-—•
Lit Brothers common
,
__10
;
Jun
19
ml.
23%
B
Lionel > Corp
,50% Jan
A MaT ]
6%
5
Paper
,
8%
Llpton (Thos J)
July
64
x60%
"
100
Bridge Co Ltd
Jun
47%
12% Mar
75
6%
Marconi
Hammermlll
22%
22%
8V4.
Line Material Co
i
•
i
60
Jan
'
mm
7%
■ii Manisehewltz
A Hall
Feb
37%
1,400
9%
Lefoourt Realty common
Leonard Oil Development
"Lb Tourneau (RG) inc
__* ■
.
106% Aug
Apr
45%
•,
1,600
1,000
1A
Company
La Halle Extension University^
Jun
12% Feb
„
♦
25
$4.40
»/8
__
__
100
Gypsum Lime A Alabastlne
12% May
1
(
Jan
15%
Feu
84
,
~
Grocery Stores-Products common__25c
:
22%
*,*
__
xGO'/a
A—5
preferred
21%
i
2% Jan
;
,
i
Great Northern Paper
f
41.. Aug :
__
s/8
'
pfd—25
Gray Mfg Co
Great Atlantic A Pacific Tea—
Non-voting 'common stock—
7%
>•./—:
..
.
10.
conv
Jan
Jan
-
Jan
32% July
25%-Aug
13 V* July
..
;
•
Graham-Paige Motors 5%
18% Jan
>
100.
2%
,
amtmm
__l
Grand Rapids Varnish
,,
__
—.50
common
5,000
13%
2% ;
__
._..*
class A
700
.
:■
12% Aug
B—..—*
Gorham
X3%
__
•
$4.60'prior preferred
Goldfield Consolidated Mines—
Goodman Mfg Co
:
c
'
:
1
common..
Sugars class A
38/a
16%
:
Apr
12'
35'
Feb
29
...
V" ^31$ V32>;C
x25%'
24% 25%
Lj.1
Inc
(Adolf) Inc
Godchaux
'
Corpj^i.i^iw-^3,SdiT
Glenmore Distilleries class B—
j
■i
3%
leys
14%
Class
Jun
64
May
9
'
•
—25
:
:
3%
oya
Lanston
'
Gladding McBean & Co
9V>
6% Aug
100
14%
Jan *
5
23%
Jan
52
—
16%
1A:
Jun
Jan
99%
;
leys
16%
...
-
Preferred
-
Mar
*y
-.
...1
Foundry A Machine
Lamson Corp of Delaware—
B
•
Lagendorf United Bakeries cl A—
■
600
3%J
20%
17
mm
La key
110% Feb
xl05% Jun
.4^.
•
—
110
--V":
15
1
—
Lake Shore Mines Ltd
'
i, 3%
May
600
"
...1
Laclede-Chrlsty
t
■;
Georgia Power $6 preferred
—• ; \
;
"r,'... >5 preferred
*
.
_•
'Giaht Yellowknife Gold .MinM—£—^ I.i; ■ -yZii-'y
Jun
17*4
25
11%
;
15 v4
125 V2
'
'
;;
*
10
1
Krueger Brewing Co
5% Jun
99% Aug
:
(IB)
5
•
6%
6%
11
Feb
mm
Mar
x9
100
Feb
2%
Klelnert
Knott Corp common..
Kobacktr Store*
S
7% Jan
A
36
9% May
Jan
7% Apr
6% Mar
—
'6%
_•
General Plywood Corp common——50c
General Public Service $6 preferred..*
r- i
.■•"
—
.
—10
preferred series A
General Fireproofing common.
Outdoor AdV 6% pfd
'General
-
.c^c
—
;
'
—•
1
Co commonRubber Co
'
£1
.—.1
'mm
8%
11% Mai
20
-;
U|;;
....
Klrkland Lake G M Co Ltd
-/.V-.
General Electric Co Ltd—
Amer dep rets ord reg—
General Finance Corp'common
High
122 Vs Aug
9,600
mm
mm'
—
3% May
5% Jun
Jan
.1% Mar
100
2%
4%
4%
3%
23%
*—
4%
•
10%
.
....
General
Low
122% 122 ya
,
——
100
Kings'County lighting 7% pfd B—100
5 V preferred O
.100
King Seeley Corp
—1
Kingston Products
1
Kirby Petroleum:^..
1
92% July
,
6% Mar
9%
10%
1
100
Kennedy's Inc.
Key Co common.
Kidde (Walter) & Co
Kimberly-Clark4 Corp—
4%% preferred
115% Jun
17% July
Feb
9
Range Since January 1
8% July
8% Mar
>
Shane
High
Low
Jan
19
Mar
25
100
13%
,
90%
7%
;
:
—
100
r
Bales
ferWeek
Range
*f Prices
;
Par*
.-i
-* 12%
—y
-
9%
*
Week's
Last
f|M Prlea
,•>
New York Curb Exchange
High
7% Mar
i
27
Friday
250
•
33
EXCHANGE
AUGUST
•Range Sines Jamaary l
Low
12
V30-
ENDED
STOCKS—
Shares'
High
11%
'
FOR WEEK
(869)
Sales
of Prices
Low
Par
RANGE
for Week
Range
Sale Pries
York CurbExehanre
New
CURB
YORK
*
CHRONICLE
4%
3%
Mar
Feb
13% Jan
16% July
May
17% Feb
16
10% May
11% Feb
22% Jun
4% May
COMMERCIAL &
THE
(870)
34
YORK
NEW
Friday
STOCKS—
Low
5
5
(Herman) Corp—
Neptune Meter common
Nestle Le Mur Co class A
New
—25
New Jersey Zinc
Park
New
Process Co
Mining
Auction
Co
Y
Y
&
N
Y
N
Y
common
Rosario
preferred
optional warrants
Niagara Share Corp class B com
2d
American
North
Central
Northeast
North
class A
Rayon
Utility
250
591/2
12
/8% Aug
800
500
Jan
Stlx
Rice
Rio
88
Feb
Rolls
10%
400
9
Mar
200
27
Feb
32
May
13%
400
12% Aug
15
Feb
8%
8
8%
102
102%
10*
10"
10
II
I
7%
7%
3,400
200
42%
33
42%
200
2
Aug
24% Mar
300
3% Mar
2,900
87%
70
86
July
93
29%
200
23
Mar
37%
Apr
13%
Jun
5'A
Jan
&%
9%*
300
200
7%
8'/a
700
15%
J/8
15%
200
•Z/
■
mm
class
Power
Mar
New
■
600
10
90
Jan
97
1st
97
Feb
103
Jan
34 J/2
Feb
7
Feb
13% May
Apr
$2
22% Jan
300
40
_:.Tr
11%
ll'/a
11%
19%
1
,
39%
25
19%
20
1
1,700
16
300
Ogden
Corp
Ohio
Power iV»%
Oklahoma
Old
Co
class B
Omar
1%
1%
1%
1,200
100
15
36%
1
Oas
9%
48
Inc
101% Aug
109%
300
30% Feb
39%
5
400
15
Securities
Jun
13
3%
5Va
5>/a
200
22%
1
23
9%
9%
'
9%
13
9% Aug
9% Aug
600
27 »/2 Mar
39% July
22%
22%
22% Aug
3%
23% Aug
12% Jan
23%
600
8%
10%
7,800
7% Mar
2%
2%
300
1% Mar
3'A
Jun
2%
2%
300
2% Mar
3%
Apr
"2%
~2%
Pacific
Lighting
Pacific
Power 6c Light 5%
$5
v*
$1.30
•
preferred
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
Pen
Motors
,
500
29
Mar
20
101
Feb
91
Jan
15%
Ltd
X:*-: '''
1,900
16 J/2
3%
1
1%
*
1
19%
19%
13%
4,900
13%,
13%,'
15%*
15%
flemler
25
25
25%
19
19
19
700
Z.2
$1 cumulative preferred
3%
3%
2,200
25
Pennroad
Z_1
Corp common
Penn-Dixie Cement warrants
•
pfd
100
Co
23
1
Pep Boys (The)
Pepperell Mfg Co
Perfect Circle Corp
•
Aug
3%
4,600
24%
800
13%
Feb
27%
Jun
77 J/2
200
74
Feb
85
Jun
81
79%
81
150
75% Mar
Inc
Corp
B)
(R
'
Feb
Radio
May
24% May
Feb
Feb
113
3% Aug
4
49
6%
3
100
2
Apr
4%
Zl
4%
4%
20
65%
65%
2.50
common
50c
10%
550
4%
101
4
Apr
700
48
Feb
,
84%
5%
70
common
Ltd
100
9% Mar
3% Mar
Jan
11%
6%
Feb
9%
South
23%
200
Feb
29%
Co
Pioneer Gold Mines Ltd
l
Piper Aircraft Corp common
Pltney-Bowes Inc
—
2
Pittsburgh Bess & Lake Erie~RR
50
Pittsburgh & Lake Erie
50
Pittsburgh Metallurgical commonI_I_5
Pleasant Valley Wine Co
Pneumatic Scale common
Polaris
Power
6%
&
6c
Lambert
of
2
Aug
400
2
Feb
12
700
69
69%
1,120
18
18
19%
2,100
4%
**5%
4%
100
"i% "5%
12V4
13%
94%
4,600
12%
400
13%
150
95
50
8
l
12
America
XI1
Feb
37% July
58% Feb
8%
7%
12
2%
.2%
Jan
4% Mar
14% Jan
3% Jan
11
Mar
9% Mar
87
Jan
37
ITsO
common
Feb
218 Mar
4
Oil
Penn
13%
4.48%
Pa
5
6%
preference
Apr
95
Aug
600
6% Feb
44% May
8% Apr
12%
400
9%
Feb
16
May
2%
900
1% Jan
3
Jun
8
9
~9%s~0%.
200
Mar
8%
Jun
11
May
9% Mar
-
Standard Cap 6t
Seal common
preferred
Convertible
Standard
Dredging Corp common
$1.60 convertible preferredBtandard Forglngs Corp
Standard Oil (Ky)
Standard Power & Light com
Common
:
/ S7
class
97
97
96
•
5
Manufacturing
97
150
94% Jan
93%
96*
200
90
28%
30
rl3 %
30
700
26
rU%rl3%
50
10
Jan
99% Jun
99
July
30
July
Aug
11% July
14
Jan
„
6% Mar
8% Feb
6%
Quebe
Oats
.
•
100
90
89%
650
140% 143
140%
91
210
Power Co..
—
Mar
x96
El
Radlo-Kelth-Orpheum option
Railway 6c Light Securities—
warrant*.
Vottig common
;
Railway 6c Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
^
preferred
Raytheon Manufacturing
Reed Roller Bit
For
Co.
footnotes
see
Jun
108%
140% Aug
152
6%
Apr
14%
Jun
6 J/2
200
Aug
11%
Jan
May
37% Aug
—
35
MM
8
1,600
x235
80
7%
X233
—
—
6% Mar
225
3
8% May
Mar
July
—
270
May
x4
Jan
90
.
—
—
—
88% Mar
«
Jan
3%
3%
3%
1,300
x3%
Feb
4 % May
9%
9J/2
600
7 J/4
Feb
43%
900*
12
July
4%
300
3'A
Feb
10% May
6'A July
42%
43 J/2
900
33 'A
Jan
47
Jun
26
Aug
31'A
Feb
35%
Jan
26
26
120
39
26
*27%
39
20
27%
28
28%
28%
1,100
1,400
28
28 J/4
26%
26 J/4
26%
1,200
25
23 J/3
23 J/4
23%
41
40%
9%
—
9J/a
1%
.
1%
—
To%
200
4%
4%
Jan
Feb
7% May
IJ/2 May
100
1
Feb
8%
Feb
3'/a
200
21/4 Mar
17 »/2 Mar
1%
14,300
30
2%
6%
3%
4
2,000
25 J/4
Feb
30
IJ/2
4,800
Jan
6 J/4
500
2%
2 J/2
200
3%
Aug
3% Aug
1,100
3%
Feb
1,300
Feb
3% Mar
20
20
May
2% May
July
8% May
5'A Apr
3% May
C% Jan
7%
Feb
69
Feb
27 J/4
15 J/4 Mar
100
1%.
-
■
1%
2
8,600
Jan
%
Feb
2%
Jan
Jan
7% May
1%
1%
6 J/4
5%
6%
1,100
——*
13%
13%
13%
150
13
Jan
1
1
100
1
Feb
300
15'A
12
Mar
1
13%
13%
400
13% May
•
& Co common
15%
15%
15%
550
15
Jun
20%
32
32J/2
550
27'/a
Jan
35
May
100
5'/a
Apr
7
Jan
13%
•
25c
-
Drug common
6
6
15
15
15
100
13% Mar
3
3
3
900
2% Mar
•
1
"■
10
lk
Feb
15% Jan
.
'•
1% Feb
14% Mar
_1
28%
:'V;
28%
33
•
5
33
25
200
35.
20%
Power &
Thew Shovel
common
Light 7%
Co
17% May
3% Jun
14%
7%
Z
3,800
*
13
Too
12
May
31%
Jan
16
10
118 J/4 July
124
X17% Aug
400
13 J/2
1.3C0
121
121
Feb
11 J/4
29%
13
common.
5
17%
18
300
5
17
17
300
14 ■'
14 •'
100
;
19%
Jan
May
Jan
Jun
21
/Jan
12% Aug
15
May
11% Mar
18% May
16
Feb
Jun
Feb
Jun
31
Jan
Tlshman
30% Mar
37
Jun
55
Mar
Tivoli Brewing Co
Tobacco & Allied
Jun
Tobacco Security Trust Co Ltd—
52
7%
Apr
I f
28 J/2 May
29 J/8
•
common.—
new
Corporation
pfd.
27%
5%
Jun
Feb
1% May
9%
Tllo
Roofing Inc
Amer
•
19% Mar
page
-3% May
10%
-1
_•
Inc
%
V
10
Jan
15% Aug
Thor
275
Jun
i%Apr
July
v
18%
Jun
5%
"1%
Superior Portland Cement, Inc
Superior Tool & Die Co
Texas
Zt 13%
July
8%
1
5
1
23 % July
Aug
7
300
1
(Hugo) Corp
Stop & Shop Inc
3
115
52%
mm
—
7
1
Stlnnes
Aug
22
MM
Feb
11% May
•
1
Jun
Feb
2%
-■*
3%
19%
9%
102
6'A
"3%
13
Aug
26»A July
300
1% Mar
•
Corp
Feb
5
19% Mar
2
Steel Co of Canada
& Co common
Jun
3%
100
—
Stein
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc
48 J/2
200
28%
Feb
10 J/4 July
Jan
Feb
36
13
29
1
Corp
25%
26%
To% To J/2
29'A July
Jan
29 J/8
12
3J/a
41% May
28 % Apr
Mar
26
12%
1
Corp
Jun
*
22% May
500
—
5 J/4
.May
27%
800
41
—
—1
—
5%
•
2.78
1
10
1
20
1
10
1
"3%
Sun Ray
5
2% Mar
4%
1
(S)
14% Mar
2,100
1
Stroock
Feb
4 J/4
Btarrett
Sunbeam
29% Aug
8 Ye
3%
Standard Tube class B
(A)
r
Apr
1"%
Co
Products
(The)
,
25%
3%
Technicolor
•
common
•.
10
Apr
22% May
17% Jan
Apr
n%
Taggart Corp common
Tampa Electric Co common
convertible
Jan
July
76
Jun
79
R
$3
1U4
Jun
17
rt
common
preferred
c
—
—*
preferred
Standard
Standard-Thomson
Swan Finch Oil Corp
Quaker
110
107
„
•
B
Stetson (J B) Co common
100
"7%
1
5
*
Royalty Co
Btahl-Meyer Inc.—
Standard Brewing Co
Jun
May
14% May
Mar
mm
25
25
25
25
25
preferred
cum
Southland
Jan
15
62
May
20%
Edison—
Southern Pipe Line
July
18%
500
Feb
11%
10
Pipe Line
conv
4.32%
July
21
12 J/4 Feb
12.50
common
common
original preferred
4.88% cum preferred
4.56% conv preference
Feb
73
4
Feb
16
1
1
1
1
1
5%
Jan
41
2 >/2
900
200
6%
•
common
California
Southern
Mar
Colorado—
4*A% Cumulative preferred
Puget Sound Power & Light—
$5
prior preferred
Puget Sound Pulp & Timber com
Pyle-National Co common
Pyrene
900
2%
•
Corp of Nevada__ZZZZ~~ZZ"l
Prosperity Co class B
_•
Providence Gas
m
Service
~2'.
69%
100
Producers
Public
11%
•
common
Co
Prentice-Hall Inc
Pressed Metals of
11%
2 .50
common
1st preferred
Pratt
2%
1
.——125o
Alexander
Corp of Canada
2
10
Mining Co
Powdrell
2
-1
May
12 >/2 Mar
Jun
22
900
18%
-100
Corp.
Southwest
Jan
shares
3
j-
South Coast Corp
Jun
300
.
19%
107
•
1
100
common
Boss Manufacturing
11% May
6
Jan
26%
15% May
14%
64%
63%
•
*
(Howard) Paper Mills
Boontono
Jan
8%
mm*
Amer
13
Publications—
Spencer Shoe Corp—
Pierce Governor
Plnchln Johnson
Jan
Jun
IJ/2 May
Feb
19%
•
Manufacturing Co
Solar
Jan
6,600
•
Feb
14 J/4
-•
Solar Aircraft Co
July
4%
y.
100
Canada
preferred
>
Smith
Jun
10%
4
5%
4
May
% Mar
;■
V
\
6% May
Feb
Mar
400
66
108 %
Aug
4%
38
~8% ~8%
~4%
9
.
5% Mar
2%
2%
14%
25
61 Elec Co—
preferred—
3.00%
Jun
400
1%
Sioux City Gas
Jan
700
3
500
87% Jun
13
—*
1
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
26% May
7% July
Jan
Feb
5
100
200
%
4% May
IOJ/4 Mar
5
Singer Manufacturing
Jun
4
47%
3%
2%
%
—'
common
Pattern
Simplicity
Aug
100
104%
3%
1
1
common
$3 convertible
Jun
3,100
5
l7/s Mar
2%
—1
1
common
Sllex Co common
31
17%
4%
45%
3%
certificates
Simraons-Boardman
15% Aug
6%
103
46
Jan
Aug
23%
of America class A
Breweries Ltd
Blck's
Jun
3
104%
Jan
24%
18'/2
76 J/2
Shoe Corp
J ;
6%
*3
Jun
2%
Jun
24 %
4% preferred
Sherwin-Williams of
3% Aug
>;$2 % July
; <14% Aug
Mar
23%
6%
2.50
Penn Water 6c Power Co_
—..
33 %
•;
Feb.
11
3%
19%
l7/a July
200
Jun
77%
Bhattuck Denn Mining
Aug
4%
Penn Gas 61 Elec class A common
-Penn Power 6c Light 4%?#
Philadelphia Co common
Phillips Packing Co—
16
42% Mar
"3%
•
common
£
19%
Jun
3 J/2
5
Seton Leather
Jun
80
100
v
•
v>.TV •?•'
Pharis Tire 6c Rubber
100
18%
18%
19%
16'A Aug
6,300
34
Feb
1% Mar
25
Safety Control
Serrick Corp class B
25% July
13-
20,300
2
Feb
10%
stock
Sentry
32% July
106%
Mar
&*>
29%
prior stock
Allotment
July
23 Va Feb
2% Aug
59,600
3% Jan
27
700
Apr
97
•
3
I—III
d
w
36
;
12% Mar
700
16
Z_ "5
Co
Jun
23
16
i
Co
Traffic
30%
•3%
Corp
Peninsular Telephone
Penn
30%
103% 103%
*
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Patican
700
•
-
Paramount
34%
100
1st
Parker
33%
•
pfd
Pantepec OH of Venezuela Amer shrs—
Pantapec Oil (CA) Amer sh
.
100
25
preferred
Pacific Public Service com
4 J/2 May
2% Mar
1,400
•
Bros Inc——
Feb
3
400
10% May
e% Feb
8%
32%
8% Mar
Jan
200
200
300
May
13%
9%
9%
Aug
8%
34%
Apr
Apr
6% Jan
37%
2%
17
Bherwin-Williams
25
Jun
7%
11%
9%
29 J/4
Shawinigan Water 61 Power
|
Jan /
37%
18
common
Sheller Mfg Co
Pacific Can Co common
;
Pacific Gas 6c Elec 6% 1st
pfd
5 Vi %
1st preferred
11%
/
4% Mar
mm
2%
Jan
25
Feb
7%
200
17% July
7% Mar
28%
$5.50
Jun
17%
Jan
14% July
23
Jan
800
500
17%
Co
Corp General
Convertible
9% Aug
July
13
1
10
__
5%
Feb
8%
Jan
8%
1
Steel
Seeman
Jun
8,300
•
Inc
O'okiep Copper Co Ltd Amer shares
14%
5%
*
Manufacturing
Jan
9%
7%
7% Mar
25c
1
1
25
(Del)—.
Bcovill
Securities
Jun
36%
36
42 J/4 July
Jan
1
common
Scullin
Sentinel
Distillery
Feb
1
Corp
Bayre 6c Fisher Brick Co
Schulte (D A) Inc common
1% May
Feb
150
101% 102%
Mar
1
(new)
United
Oil
Savoy
43% July
Jan
33
United Filters class B
Overseas
1%
common
preferred
Natural
Polndexter
Oliver
60o
common
Brass
2% May
3% Aug
7%
•
pref
Belby
Ohio
May
4% May
50
49
—
conv
pfd
conv
Samson
Aug
25
A
Salt Dome Oil Co
3% Mar
2% Aug
3
97
common
Class
21% May
A
9%
17
5%
Shoe Co
Selected Industries Inc common
States
Northrop Aircraft Inc
Novadel-Agene Cnrp
32
Jan
8
Segal Lock & Hardware
Northern
1%
200
4%
38 J/4
4%
—Z
1
*
1
Ltd com
St Lawrence Corp
4/' May
15
101'A 101%
100
3%
38
w
8
1.25
common
Ryan
Jun
700
pfd-100
26%
2%
MM
—
•
Ryan
Jun
48
2'A
2%
common
Royallte Oil Co Ltd
7% May
48%
;
Mar
17%
97
Jan
Jun
2
2%
Jun
1% May
17
97
2 6'/a
12% May
20
•
1
Feb
11% July
*
33 Vo Mar
200
Corp
May
6% Feb
42%
r
18%
87%
9%
5
Aeronautical Co
Consolidated Petroleum
Ryerson 6c Haynes common
Feb
42'A
(The)
Russeks Fifth Ave
% Mar
1,100
Jan
100
21%
28
10
1
Jan
Jan
12
3%
2%
87%
5
Corp common.
Inc
Electric Steel Co
1
9% Mar-
300
Apr
£1
Field
Roosevelt
Jun
Jun
8%
600
17%
6%
1%
3%
*
Pendleton Inc common
Jun
10%
T
Apr
%
300
101/4
17%
3% Mar
300
20%
3%
1
pfd F
117
Feb
300
High
900
2
20%
20%
100
t C
v
Low
4%
1%
—1
105
Feb
192%
10
Co.——-50
Corp)
Bangs Since January 1
High
Gas Co—
dep rets for ord reg
Rotary
May
—5
-
Northern Indiana Pub Serv 5%
7
300
19
Feb
92
9,000
102"%
14%
Goods
Valley
Cable
Rome
Jan
10%
30%
100
Shares
Royce Ltd—
Amer
July
10
18
Engineering
Rochester Gas 6c Elec
2% Jun
.
13%
18
Co
6c
Dry
Grande
(Texas
10% May
1% Feb
1,000
for Week
72% July
Feb
6
Ssles
Range
of Prices
4
4%
1
1
5
•
Richmond Radiator
Jan
% July
30
•
Securities
Oil--.
Texas
RR
May
6
Apr
75
•
Airlines
Penn
96
Feb
3%
8%
7
5
5
common
American
North
4%
82 ya Mar
Week's
■w
Low
Par
Co
(Robert)
Roeser &
North Amer Light & Power common—1
Class B
Reliance Electric 6c
67%
1% tiTi:
5
class B
Mines
Nlplssing
200
•
Hundred Corp
Nineteen
17% Aug
7
Jun
8 %
B
Niles-Bement-Pond
North
1,200
6%
1
100
100
Power common
1st preferred
5%
Rels
65%
1
'
Class
Regal Shoe
Apr
Corp—
Shipbuilding
5%
Jun
Rowe
Pounders shares
Niagara Hudson
8%
CC
•
10
—10
Merchandise
Honduras
240
4
3%
13%
-
.»•
Sals Price
'
Feb
13%
2,400
•
common
N
94
3%
1
Co
N
x6%
92
1
Land
New Mexico 6c Arizona
New
17%
x6%
1
20
preferred
convertible
16 Va
16i/2
'Z
Jan
2% Mar
1,100
Exchange
Curb
"
High
Low
2%
York
New
Rang* Sine* January 1
8%
100
Co
•hares
High
2%
—
England Tel 8c Tel
Haven Clock 6c Watch
New
2%
30o
National Union Radio
Nelson
Friday
Last
STOCKS—
for Week
Range
ef Prices
P*r
AUGUST 27
8 alee
Week's
Last
•ale Price
'■
Exchange
Curb
York
Monday, August 30, 1948
EXCHANGE
CURB
RANGE FOR WEEK ENDED
New
CHRONICLE
FINANCIAL
26% July
Amer
Realty
1
&
Construction
1
1
Stocks
dep rets ord regis
dep rets def regis
6%
6%
6%
100
.£1
5%
Feb
49% Mar
•
-5s
e
—
—
%
•
%
200
6% Feb
% Aug
7%
54
Apr
May
7%
Feb
1%
Jan
Volume
THE
Number 4729
168
COMMERCIAL
NEW
YORK
RANGE
Week's
Friday
STOCKS—
Last
./;
^vl;''7 '77 \fA:-W_
Todd
20
70c
Shipyard Corp common—
Toklan
Royalty Corp
Toledo
Edison
Lux
Trunz
95%
f
95 Va
3%;
preferred
99%
Jan
1
Mar
2,800
5%
Elmira
Fuel
&
Water
Ercole
Jun
Gas
Lt
Interest
Marelli
Elec
A6%s
9Va Mar
May
Jan
12
'•
5s
Grand
Trunk
Jan
31
300
1
Green
Mountain
series
U
Unexcelled
Union
Chemical
of
Gas
.100
Corp
•
Canada
■
4
Union
Investment Co
Union
1,200
6%
Apr
6%
■
6%
400
5% Mar
8%
Jan
6
6% July
//•'
Western
Oil Co of California—
$3.75
Union
United
Corp
United
Elastic
56%
_
Products
Preferred
56%
10
.
4%
mmm
%
—
%
ft
38% Mar
m
8,800
19 %
19%
20
2,700
15
•
common
19%
19%
15
15
100
V
......;
•;i
% May
Feb
Aug
Jan
1
1
^
"
\
,'i
1
1
2,000
—-
54%
56%
39 Va
55%
•
245
—-
__
common.. —25
F
1952
(July
1941
coupon)
1952
39% [h
480
Jan
-
Jan
41%
13
•
July
Universal Products Co
•
(./•'
-
/
Feb
Feb
12%
41
26
6%
1966
J-D
1969
6%
7%
200
22
23% Mar
'•2%
19% Mar
6%
7%
20c
Feb
Valley
to
71
2,600
4
3%
•
Wagner Baking voting trust ctfs ext.*
7% preferred
100
Waitt & Bond Inc
...
Jan
10
Jan
98
Jan
Feb
10%
2% Mar
Jun
5%
Jun
.
12 % July
—
15 Vn May
10o
97/a
Peb
200
__
Feb-'.; /.
8
106
__
3% May
5
11% July
110% Feb
2% Jan
July
1%
800
1 %
9%
100
8% Mar
2%
3%
4,900
2% Mar
5%
5%
1,100
2% Mar
6'/a Apr
7Va July
1%
1%
100
1% Feb
l
__
1.25
__
$6
preferred
•
Western Maryland Ry 7% 1st pfd__100
Stationery
com
8%
__
150
•
Westmoreland Coal
Apr
Westmoreland Inc
10
Weyenberg Shoe Mfg
1
Whitman
1
& Co
Wichita River Oil Corp
Wickes (The) Corp
Will son
&
Brothers
preferred
Winnipeg Elec
25
•
common
A-O
Woodall
Industries
pfd
100"
Inc
2
Woodley Petroleum
1
Edison
500
107/8 Aug
400
4,800
__
10%
Feb
3%
103%
'■■■/.'//
107
101%
—
10
65%
109 %
102
58
67
102%
106
104
'////>-
107%
$99
■
'
-v.; 101%
/ 77 41
104% 105 %
4
101
104
104%
108
100
7
103 VA
'
$91
J-D,
92%
82% "92%
—
$104% 105 %
'
"'103% 105%
103 7 106
.
104% 104%
•
1
::
1960
$25%
$12
___
mmm.
.
Ay,\
7-
30
99%
•
:mm
;\74
1952
Jf-8
1951
3s—1965
A-O
Gas
Gas
Bpalding
Gas
&
Elec
3'As
collateral
F-A
1989
M-N
—1950
A-O
1966
A-O
trust
of N J
Electric Service
4s
——
102
119
1940 coupon
68%
♦20%
Western
' 100%
'7-96%
105%
104
,2 /.7.114%
2
t'
28"
120
i 75' /'
63,..,
,77
28
$25
101
7
8
68 V»
$20
27
22/
30%
>i: 7^ />/
.
$12
J-D
•
30
19
38
...
—
$25%
V.
19
—
$101%,
—
27
.
101%
103%
..
1956
1956
debs
income
105 Va
98
•■/;/7r4
119
■
,
1
A 5s
98
102
..
,
._
1949
1947 coupon
Hotel—
1
105%
Co—
A7s with Dec
Dec
,
.
A6Vis With Aug 1 1940 coupon—1953
A6%s ex Aug 1 1947 coupon
1953
ex
—
104 V* 104%
104%
.1946
J-J
Industries—
' .
/-/A7-4s ?nd stamped———_——1948 'v; A^bf
'■ v 7-- v 7/7/7.(77
/.'v/': '.; '..' / 7i77 / *•'
Ternl Hydro-Electric Co—
United
3Vis
1964
J-D
—:'
-
84%
.ft;■'
$107% 108%
119
118% 119
P-A
101
101
"*'■ 1
106
mm
•
•
86'
108
102 %f 108%
j '/•> 117. ,120
-
J-D
,
27%
•'—*"
■
—
72
$106% 107%
■
A-O
1960
.77
84
M-S
...4—.2030
18
$13
.
1954
Newspaper Union—
6s conv s X debentures
1959
101
V 98 %^103 %
1
7% May
300
17
Feb
May
24% July
60
95
Jan
Foreign Governments & Municipalities
19
102% July
200
10% Mar
14
Jan
18%
300
13
19%
Jan
7%
100
Feb
Woolworth
(F W) Ltd—
Arnerican deposit receipts
6% preference
5s
£1
Wright Hargreaves Ltd
•
7%
__
2%
7%
._
6% Aug
BONDS
__
2%
New
4,200
2ft
2
Curb
York
2% May
Mm
,
,v
~
t
.
External
York
Curb
Interest
Last
Period
Exchange
Bale Price
or
1
Friday's ■'*
Bid k Asked
Low
Honda
Bold
High
No.
Range Bine#
Bell
Electric
103%
103% 1041/4
15
J-J
100%
100'/4 100%
30
96
Af-N
102%
102% 102%
19
99%
107%
J-J
2
103%
106%
—
106
./
106%
102%
108
Telephone of Canada—
5s series C
1960
Steel
6s
J-D
1998
Q-F
1970
Bethlehem
.v
J-D
tllO
$155
•
mm
99%
mmm
111%
109% 111
159
..
99%
38
98%
168
102%
J-J
91%
91
91%
14
1954
M-S
94'/a
94
94%
20
Cities Service
1966
M-S
105% 105%
9
104
106
1958
A-O
103% 104
7
103
8
105%
107%
Jan
Debenture
1969
4
Lt & Pwr
2%s
conv
99%
j-j
1969
1976
.1981
debs
83 %
106% 106%
s
83%
277
84
78
103% 103%
98
J-J
A-O
A-O
97%
Jf-N
98
2
1
102
106%
97%
101
97
100%
97%
3
104%
12
103%
109
111% 111%
15
111%
lit mtge 4s
A 1st
ser
mtge 4s
A
ser
Interest
ARussian
B
75
—
60
/
V-
.
w
,
•
7%
7%
1
5/2
78
^
.
8
'V'
112VS
13
134
stamped
reduced
to
Government
—
27
31%
:31:.
J-D,
13
15
24
31
—
,
...
5
■
3®
39 A
r;
1947
1947
1931
.1972
5f-lf
—
*41%
—
'
^41%
125
A-O
J-D
'
2008
9-J
124
—
1997
J-J
J-D
—
14%
14%
2012
(Plan A)
'
2%
oyaS—..—1919
1921
/
—
'
J-J
-
■.-Vf?42%
22
64/a
.2%
12%
27
13%
15%
42
—
65%
44
44%
22
81
25
—
—
—
--
r
•
.
27
—
145/a
79
—
..
122
M-S
•
—
160%
J-D
i:(
A5%S
12
18
2%
24
3%
-
2%
3%
24
2%,
2%
lll7/8
transaction (not included in year's range),
d Ex-interest,
year's range),
f Ex-distribution,
g Ex-stock air.
maprincipal.
n Under-the-rule transaction
(not Included in year's range),
r Transaction for casn
(not included in year's range), x Ex-dividend,
y Ex-rights.
.
"
•No par value,
a Deferred delivery
eOdd-lot transaction (not included In
115
104
IFriday's bid and asked prices;
A Bonds being traded flat.
f
Delaware Lack 81 Western RR—
Lackawanna of N J Division—
J
84%
'
^1? to^%Usb(ser°A BO D E)
88%
City)—
Gen mtge 4%s
39%
68
'
1954
(Bait
106%
J-D
1962
Gas
stamped
Rio de Janeiro
'
"
M-lf
1951
Mortgage Bank oX Denmark 5s
(Bait) —
-1st ref mtge 3s ser P.,
'1st ref mtge 2%s ser Q
1st ref 2%s series R
Consolidated
Jf-Q
1977
3s
El
82%
31
—
—
M-J
97
-
1
Consol Gas
81
—
73
(Plan A)
stamped
AMortgage Bank of Chile 6s
105 %
5s
Debenture 5s
Debenture 5s
7s
(Plan A)
Interest reduced to 2 %s
1948
—
.
*'■£
Mortgage Bank of Bogota—
A7s (issue of May 1927)—
A7s (issue of Oct. 1927)
Parana
iCentral States Electric Corp—
A5s (20% redeemed)
A5%s (20% redeemed)
F-A
36
168
—
J-J
Interest reduced to 2%8—....2008
AMedellin
.
580%
M-N
.
65%
61% ; 62%
' v
•
170
J-D
.x.
High
61%
$61
/'
6%s stamped.1958
Low
—
—
,
.
Range Sines
January 1
No.
High
161
J-J
1952
stamped
ALima City (Peru)
Maranhao stamped
103%
1955
4%s_
Tel del
&
J-D
1953
1964
Assoc Tel
A-O
——--1953
Bonds
Sold
Friday's
Low
—
6Vis
AExternal
High
1970
Associated
or
Bid A Asked
Danzig Port & Waterways—
January 1
Low
8ale Price
'
1955
5s
Last
Period
5%6
External
Week's Range
Friday
BOND8
New
?
Interest
Exchange
Agricultural Mortgage Bank (Col) —
A20-year 7s
April 1946
A 20-year 7s.
—Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
..—...1948
Danish Cons Municipal Loan—
i-
Week's Rang*
Friday
9% Jan
§Reported In receivership,
Abbreviations
1993
M-N
.—*—1993
May
63%
62%
63%
4
44
44%
10
55%
29%
used
,
•
no
sales
"
'
-
being transacted
.
during current week.
*
,
" 4
above—"cod," certificates of deposit; "cons,"
46%
"w
'
consoHdate*!!
fH™1?!-voting trust certuicates,
"vie,'
when issued; "w w," with warrants; "xw," without warrants.
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock;
'
•'/
-
65
if"
/<!
101%
.
105 %
103 %
98
(Hugo) Corp—
8rd
stamped
United Electric Co
101
114
101%
101 %
-
44
<
—
98
103%
97%
*102% 104
$104%
A-O
1970
5s
AStarrett Corp Inc 5s.......
.
102% 103
1971 ,7;- J-J
G)
(A
102%
;•
113%
1
100 % 100 V*
1970
3'As
98
(Calif)—
1st mtge 3s
Southwestern
M-S
160
■'7 100
$113% 115
mm''"' '<
—7.
157
15
'
—
34
—
fll4
$9 Vs
$99%
7:.,:
—
157%.
157
•
19
—.
12% Mar
Feb
10%
'
18
7
—
May
Jan
xl00% 102
__
25
104%
/r 104%
—
11% Jan
14
__
23%
17
v
15%
V
—
.
Jun
11
July
10
„
300
_.
23%
24%
6% Feb
9
50
5%
28%
16
-'/
16% Jan
17% Mar
71%
20
19
1973'// J-J1''
Southern California
Southern' Counties
Jan
9
„
__
Jun
Jan
10%
5%
—
20
40% July
29
,.f/ 55 Va
$105% 106 % 7 7; ^
-.**T
$1017/8 103%
7./vU
/
j-j
.
/ J-J
/
Corp 3s.l981
Lt k Pow 6s B
inc mtge 3s
Washington Water Power
West Penn Electric 5s__
West Penn Traction 5s.
May
29 % July
,
a
18%
22%
__
__
Mar
25%
9%
9
__
33
14% May
22%
1
w.J
Wisconsin Pwr & Lt 4%%
28%
'
M-lf
161
Feb
25 % Mar
__
11%
__
1
common
w
28
42
$105 Va 107 %
105;
A-O
May
115% Apr
Jan
140
__
io7/8
10
•
,
__
__
__
__
112
200
--
__
__
5
Inc
50
__
39
__
-
10
Co
Products
17%
69
65%
/
-
lf-Jf
Safe Harbor Water Power
Waldorf-Astoria
10
—
Queens Borough Gas & Electric-— /'
5Vis series A—,——
1952
Jan
13
:
6% Mar
—
150
__
387/a
__
1,000
__
150
__
20
C)
27
65%
J-D
debs——.—.—J..—1998 .^7 J-J
A7s
(R
28
■
■
2% May
8%
__
1%
9%
__
Manufacturing
Williams
17%
$102
—
A-O
<
Btinnes :(JIugo)
2%
__
—
1
Ward Baking Co warrants
Warner Aircraft Corp
(Wm)
28%
27
$107% 109
Jf-fl
Hydro-Electric Co-r-77
; A6 Vis with Ofct 1 1940 coupon—1960
A7-4i
97/a
__
__
30
Co
&
16%
'
Piedmont
50-year 6%
Jan
22% May
July
5%
600
—
2%
__
1
preferred
Tablet
mm
$103*7
'
mmm
A-O
.
'
A6%s ex Oct 1 1947 coupon
Public Service Elec & Gas Co—
May
W
Waco Aircraft Co
Western
29
$16%
mm
F-A
1963
:3%s
6s
Utilities
17%
RR—
New/England/Power 3 %s—i..——1961
I 'T. & Westchester Ltg 4s.—.2004 /
Ohio Power 1st mtge 3%s_,..-w—1968
1st mtge 3s——.———197^1. '■
Btinnes
Texas
28%
mm
$12
Milwaukee Gas & Light 4Vis——1967
July
V
3%
6% July
200
7%
—
-
West
28%
17
mm
$25%
A"
J-J
^
3% May
29
250
500
•.»
1
Wentworth
106%
17%
29
68%
:
Lexington 1st mtge Ss
1964
Pennsylvania Water k Power 3%s_1964 /'
;
-
45
'
2% '
5
Venezuela Syndicate Inc
Vogt Manufacturing
Watch
103%
'
27
69
'
3%s
*
66
40 y4 Aug
19% Mar
600
22
217/8
1
common
Venezuelan-*,.-Petroleum
5%
J-J ",/
1952
3%s series A—
Waltham
2
—
28%
J
Park
May
18% May
vh 3 ■
Jan
1% Apr
2% Jan
——
2%
*
14 convertible preferred
Wilson
•
J-J
Southern California
cum
102%
$25
_
-
1963
Ban Joaquin
Bcullin Steel
Valspar Corp
103%
100%
$25
..
K':*
19% May
5% May
''
Feb
500
Jun
3%
Feb
1%
«■>
•
2%
24%
"2%
5
11%
.70%
1,400
mm"''
mm
2V< Mar
mm"'''
41
10
*
16 Va '
2%
—10
common
Sugar
Utah Power k Light common
83
■'
mm
--
new com —10
...
1,000
1,100
: "25
4%
83
16
mm
—.1
_
1,200
14% -
4
4
""
mm
coxhi.1—id&ZiZ. -50c
Insurance.
2%'
14%
4
'
-I'll;:
Reclaiming Co
Utah-Idaho
$2
-
—_.
1940 coupon
1
Extended at 4%
82% Apr
-
Jan
with Nov
Midland
Jan
2
Feb-
8%
2%
14%
•
warrants.
Universal Consolidated Oil
Universal
2%
1'
United Stores Corp
60
56
100%
—
$25
1952
July
10%
Aug
38%
*'<
250
/
Aug
52% Jun
1,350
'
ctfs
escrow
J-J
McCord Corp deb 4%s—.—.'_..._19B0
5% May
Jan
V
7
'A
—
—
-
U S Radiator common
U S Rubber
•;,
mmm
$25
.
preferred with
61
102
103%
$25
1957
coupon)
Kansas Power k Light 3Vis
'
/
Conditioning Corp
1st
7.//^;, 1
59
103% 103%
__
ex Nov 1 1947 coupon
Altalian Superpower 6s
Jan
25%
5 y4 May
mm
-
mm
mmm
mm mm
.i -10"
<and International Securities.
$5
38
102%
mm
101%
F-A
Kansas Electric Power
20% July
22% July
Jan
30
25
mm mm
'
25c
U S Foil Co class B
us
31
100%
\ 'f '
;•
101%
$101
$25
1955
A7s
Feb
15
mm
..
^-Preferredj...
„25
United Specialities common...—^. -ijl
U 8 Air
—
59
$101
/:;
.1
/•
—
.Hydro-Electric Co—
A 7s
36% May
16
.
Isarco
Feb
'
.100
Machinery
M-N
J-D
,
'
mm
United Profit Sharing com
10 % preferred—..
series
1941
ADebenture
Jun
70
177/a
400
• v.-
rets ord regis
Shoe
—
1957
(Aug
A 7s
Aug
ft
31
—7//
United NJ RR & Canal
United
1941 coup)
1
__
A-O
1970
series E
A 7s
Jan
5% July
3% Jan
1,100
——
«
10
62
United Molasses Co Ltd—
Amer dep
(Dec
■7
A-O
;
24%
Sec—
C
Interstate Power Cc-—
4%
mmm,
—
L
A6VaS
A 7s
97% -Jun
91% July
56% Aug
275
•
—
Corp
United Gas Corp common
United Light & Railways
92
60o
com
common
warrants
United Milk
91%
100
,
-
Chemicals
Apr
A7s
92
Products
United
mmmm
1949
•
■
112
mUm
$103
1955
Power
series
:'.;/"
43%
43%
$102% 104
J-J
1949
Jan
High
103%
110
.
Yards of Omaha
United Aircraft
—
Jan
43%
Low
97%
8
._
J-D
1958
A
ser
'7/7
7..,
J-J
Ry 4s
...1950
3%s_—.1963
January 1,
,
No.
30
$12
.:/;
■
pfd series A
Stock
'
«...
6%s
M-S
Power
B
International
A
—
1961
Indianapolis Power & Lt 3%s
Jun
4%
1% July
3% Aug
2%
3%
mmm'
5
-J
Range Since
Sold
$110% 115
—
/
>
Bonds
High
$25
1953
coupon
stamped
6s
Corp
Friday's
99% 100%
mm
Co—
coupon__1953
1940
1947
M-S
Finland Residential Mtge Bank—
4% May
July
5% Aug
Nov
ex
Hygrade Food 6s
Realization
or
Sale Price -Bid & Asked
j-j
1956
5s
Mfg
A6%s with Nov 1
Apr
1965
Guantanamo & Western 6s
Ulen
Week's Range
Last
Period
3'/2s
RR
&
1 % May
300
5%
10
I
Exchange
Curb
6%
-
4% Aug"
1% Feb
28
10
Eastern
Jun
;/;
—
1
*
Tung-Sol Lamp Works com
5
92
700
3'/8
3 ' Aug
,y
York
Low
July
200
4%
66
35
27
^High
58% Aug
100
1
4%
3%
*
convertible
■'
2,000
1,
warrants
Inc
80c
"
•
250
3%
New
Range Since January l
LOW
59%
/'
AUGUST
Friday
"4%
1
Corp
Trl-Continental
3
tmtm!4'*\'
(871)
EXCHANGE
FOR WEEK ENDED
BONDS
Shares
High
58%
59%
100
1
pfd
4%%
Tonopah Mining of Nevada
Trans
Low
CURB
CHRONICLE
for Week
Rang*
Pa r
'
FINANCIAL
Sales
of Prices
Sale Price
New York Curb Exchange
&
:/.
-
/
COMMERCIAL
THE
(872)
36
&
OTHER STOCK
RANGE
Baltimore Stock
Last
Arundel Corporation
Transit
Baltimore
5%
Fidelity
&
Deposit
Finance
Co
of
6,75%
American Oil
North
U
Bank
Marine
16%
13% Jan
175
7'7
3.25
16%
Mar
Apr
Jan
23
,
Jan
144
27
144
Mar
160
.7,1
3uO
Jail
310
105
Central
100
—
30
...——
53%
53%
Jan
51%
15
Jan
J06
Cent
53% July
Jan
&
W
S
45c
200
45c
Aug
1.15
Jan
Cherry
47%
140
44%
Feb
52%
Jun
Chicago
48%
$11,500
43
Jun
68 *
Jan
Chrysler
series
5s
A
3,000
45
Jun
77
1975
4s
Co
51
....——1975
—
Util
Jan
Cities
Club
Exchange
Last
Range
Alum
Par
American
American
Tel
American
Woolen.
Anaconda
100
.•
—50
//.»
25
Elevated
Unstamped
Stamped
prior
6%
.
1st
-•
8%
cl
B
1st
cl
C
1st
10%
-100.
10%
pfd
class D
100
—
Si
stamped
Cities
Prop Trust
Providence RR
.
July
28
2,733
32
207
—
7.
May
4
(G)
Werner
Jan
10
125
5% Feb
11
Indiana
Aug
;.
100
299
•7% Jart
16'/a
60
Dk
&
Street
63
10
34
Katz
1st pfd
6%
series
10.
Aug
88
Eastern
Lines
100
lnc
Steel
Aug
Kellov
Aug
La
1.00
8 % May
64%
-
Jun
Feb
f
First National Stores——*„*«
Gillette
5%
•
Co—
RR
7
AA
Chemical
*
Nash-Kelvinator
Prod
Co
Ext
common
.'>
>■
New
N
Y
Tel, & Tel..
England
Haven
New
102
15>'/' 7 67
7%
Reece
7%
RR
Stone
WebBter
&
Suburban
f
TorringtoD
Co
6%
U
i
Waldorf
System
Westlnghouse
;*i
«.
.
*
-"A'
KWtrlc Corn
800
3%
Feb
100
16%
278
'13%
38%
Mav
*,
38%
39%
300
65c
-
7.
12
63
—V*
'11
34% Mar
■
xll
-
,
T
-
11
-
54%
10
150
73% Mar
9%
*-.'450
-7
1-50
500
IOVa
350
7
9% July
10%
11
6%
10%
" 7
'
"
■./
,;,7
15 Va
.
34%
,
Jun
14% Jan
•
*
11% July
Aug
7
7%Majr
Jan
6
150
-
,
,
19%/Jan/
150
,
Jan
40
'200 "
"'40
40
'
6%
1,900
•
July
7 7:8%: Jan/7
28% Aug
0V2
l6%.;M».y-:":
23% Mar 7
Aug
6%
29%
77
„-
.
May//
7, 742
Jun
6
'
'
Feb
20%
29%
6
Jan
5
Mar
28
200
-r
.
1
750
39%
--21%
j4%
Mar
52
J»in,
32% Aug
11% May ;
Jan
103
-14%
21
\
,
18V4 May
Jan
9
100
3%;"
39-
-7
24%
-750
54%;
13%
-
„
21
~
Aug
12
9% Mar
750
-
7
.
Aug
12
15% Aug
65
16% July
600
32%•*
3%
<
'
Feb
20D
7
-11
54
>/
7%
--77'7":r"
11
32
'7
7-32%
--*.;/••
1-
17%
16
A
9%
62%
.
*,
-
10 7
'"■/
*
55%
5
25
(
5
8%
/■.
class A
^
7
Packing
41
Jun
62%
38%
Feb
40%
38%
Feb
49%
15%
Jan
25
33%
Jun
Feb
Strap
*
Sunbeam
Works
Lathe
lnc
Swift &
capital
Corp
208
Tool
new
-
2&V»
7%
— f
27%
SO.;
-
Feb
32
150
:M0%
7C0
,26
15%
>
—
Lines ,Inc_
14. V4. July
Feb
25
50
i
8% Jap
250
11%
850
11
200,
:;'7
7'-
17
17
.4.,-'7.
100
47 V2 (" 7
.
27
44-:
Mar
39
40% 40% 400
-13% (13% ,7;--; lOQ ,; ■12
68
7714 79Va
500
.
79%
/
Jan
Jan
37
-Aug.
Jan
48
7
;
Jan v-
42% July
Aug
.
:
July,
21%
July
.50..
May
13
36%
- -
Feb'
J6
•
35
.
Aug
300
28
47
'
•
May
9% Jan'
3q,% Fch
23% ,331/2
27%
>7
14
727% Mar
32%v
Aug
29
Jan
Aug
11
Jun
32
"
7% Mar
U———ID
common
12% May
Mar
6
7
'
-
',34% J4ly/7;/
11% Feb
-.-13% s7 --250
26% 1 - • 900
7% "
100
100
^
^
7/7:42 7-May/ /:
.
Feb
Mar
800
•*,
Jan
Jan
15
11% May
100
Apr
'
34% May
Feb
7%
Union Carbide & Carb capital (new)—*
United ;Air
31
10%
•
7M»y V
6
.27% Jun
27
11%
'
11% May
Aug
12V8"
7
__2
Corp
22
4% Aug
10%
„
U S Steel
13
.
8
<
3C0
-..
32
common.
St
„
Feu
27
stock!———L—»25
V
21V< Jan
Aug
16%
-
77'.*'7^77
7.
_5 .777—.
(The)
24% May
5
5
com
Corp,
So La Salle
■-•710 77May
<....200
'
common—
Mach
Co capital
Trane Co
'
■
1
common
7
Jan
July
31%
-
26%
—
77
7:
6%
2
common
Corp
12
%<:'
-13%
v
7
Feb
20 Vi
,.100
7-.
5
30 Va
-
May
10; 7 May
32%
Aug
14
500
.
33%- 39 Va ' —200-?
7-
*
^
7% Mar
12%- 12 %
•
common
Corp
Bend
Sundstrand
Jun
13% Aug
Oil
7^8
31 Mr -31V2
17
Feb ;
-
24% July 7
,20% Mar
150
7 7
27%. 28
.
7_:*
Brand Clothes common—1
Container
Thor
—"
7,•777 :777;<7.';;7/ ■77:7
Steel
64% May
100
14
4%.
•
* 7 7
common
-
Apr
60
Corp
777/7
South
Apr
140
Prod
49% Jan
,'.-0; ' O • - 'f
X25
..50 -
^
.
•
8
>
1
Corp class B common
Spiegel
Jan.
capital
AUg
48% Mai
1,150
&% !
18%. .19
.7;
common—J—• 7
Bears Roebuck & Co capital
8tone
"May 7:
1——.10 *
common.-—
Cummins
8
'
-40
100
.
14
*
common
;5
30
^
^
1'
common
Apr
Feb
hV/V
-
.
12%
22
25
?
8%.78% 7
500 <22%. 22% <77.- 400"'
25
10
*—*—50
150.:
29
,.
.•
,*4
.
Jun
11% Jun -'
200
..
23%
8V2
•
10%
'
"77.7-7:
23%
'7
29% May
Feb
7% Mar
500
55%
J, v V- '."V
1—25
7
42
''
-■
,,G%
(
1
55%
;7 7 -7^
i;7
7%
1,500
.27%..
.
42
42
t<
1
—
27
,
Jan
22% Mar
200
.10%
10%
10% Apr
74% Jun
Feb
"77':;
7"
H
13% .13%
,
27
r
.
150
63
25
.
8%
44%
1,500
7
24%
10
7
j
* 7
•
common
Car
62%
'
v;
10%
t
9%
10%.
common-——^-:
Co
9%
vtc
preferred—'
(The).
Signode
7 May
'42
35% Mar-
144
Co
Steel
Society
17% May
85
52%
28
Jun
16% M^y
19% Jan
Mar
50% Mar
600
A 5.OG0
17%
.
7711
3
64%
-
15%
■_*.
1
6
common—
Corp
7
18% Julv
Feb
May
575
A
,
3V? Jun
iio
13% Mar
L 200
A1,250
11%-12
—
:
—
Co
Process
Serrick
,Jun
50
//
7 Aug
34
-
Feb
82
10
14%
11%
12
*
•
—
Sangamo. Electric., CO
58 Va May
;
JjLii
IOV4 Jan
8%/Mar
2% Apr
-
50
*99
-
14%
-
63% V
7
77^ 77'7777(7; ;
Ind lnc
Coal
Sinclair
Feb
13%
27%
7
99
-
11%
AAA''/ 7/77
•
...
preferred.
'7:';':77;-- -
A
Jun
48%
A; 7
55
Pen
Shellmar
4,364
44%: 447/a
28
-
220
53% / 54%
Feb
11% Mar
85
90
40
14Vb
Apr
-11%
36
13%
12%
20c
10
85
54%
'
;
^7'. 7'
Schwitzer
Feb
13%
7% Apr'
6Vb Mar
•
A.'--- 40
8% "Ar
2"%
15
Ward & Co
Pressed
..
7'/8 Mar
25
,—4
/
22% May
6% Aug
16%
25C
37%
100
(
-
34
*.
2%
14%
-
5
common
Manufacturing
*
14% JUn
5%
38%
_
96
Apr
240
..—10
Inc.-
Mar
10%
6Va
6A7
85
i
-
...
common——
Penn Electric Switch
2% Jhn
7»*/7'7:.
8%
..
1
amnion
common
Chemical
Monroe
Rath
iy* Aug
:
33%
1
5%. prior
Jan
10% Aug
54%
Co——
Rubber
8
12%
90
40
com..7.7
83
July
648
16%
*
.
63% Jun
Mar
7
common
preferred
Mfg
Peabodv
Apr
400
37%
Machinery
preferred
Jun
fl%
*
Shoe
20a
50
19
25c
Feb
25
./A
•.*
7
-
W
'
7-
Jun
54c
10 %
.2,582
7/
13V2
21%
July
1%
Fruit Co
United
11%
7% Aug
14% Mar
25c
50
800
7
10%
-
United
6G0
18 Va
32c
'
■7
Jun
32
29%. May ♦
common.*
new
Pennsylvania RR capital
7
...
com
prior
Parker
Jan
6%
•
.....
Feb
10%
Drill—
Twist
Union
lnc
preferred
31%
6%
§ A*:'AA?
Hart lnc
.
Aug
68"% Aug
18%
100
54
Jnlv
•
Corp capital
Noblitt-Sparks
15
Feb
7'^::'7..7
..2.50
preferred.
6%
48%
10
Securities
Elec
2nd
$4
8%
13
•
Rutland
415
93%
Drug7l"C—*Z—....
Rexall
May
39% July
92
Machine
"
60%.JuJy
54
13
.
Folding
7 39%
Feb
41% Mar
93 Va
25
_
_
Feb
42%
210
•7--;:/:/:
60
Mar
25
com
common
Co
&
42% Mas
28% Feb
10%
10%
66
65%
-2,509
—100*
Tool
preferred
West
Modlne
59% July
,
10
—100
Qulncy Mining Co
Reece Corp
28
(
177 Mi
...100
Pennsylvania RR
$1
Jun
37
18'/a
A''7;':
Jun
Feb
26%
/,. 1
common
Field
Killer Ar
Jail
33 Va
52
*50%
•«*—
—...
Hartford
&
26%
Feb
49% Mar
255
77
C4%
52%
25%
common
Montgomery
31c
;a
20
Flectric System
Middle
72% Mar
31% Mat
59%
1
England
26%
73
33%
-
7
26%
25
common
common
Univ
Co
&
Marshall
rn
Aug
,10
1,668
'
13%
7%
5
National Service Cos
New
40
64
:
52
1
Racing. Assn
Narragansett
115
51 Va
"37
Corp
Lintoype
Mergenthaler
-A;
15
65
-
-
33
•
;
capital
RR
fawitrH^nard
Salle
Oaa
—100
preferred
Mathleson
20
31%
327/8
.
.—100
common*.
19%
63% Aug
10
7
58 %r
—
•
Copper
Central-
Maine
39%
'
Razor
Safety
Kennecott
—*
63%/
387/a
--
*
Electric
General
.
4- A;
56%
•
.-.
50
64%
59
200
100
64%
59
-7
Jan
14% May
Aug
1
Llbby McNeill & Libby common
Lindsay Lt & Chem common
;;7O7v7.
77.7777
;
777:7-
■
,A;.-A A;
31%
7
common
Employers Group Assoc.—
25%
9% Feb*
800
23
107:
,7
Harvester
Cumulative
31% Feb
200
,
.
63 V*
'
Aug
19
100
v
7
12% Aug
6% Aug
35
IV*
19 V*
7
19
Jun
Feb
136
53%
f
1%
Ry—
A.
10% Aug
100
._1%
Brewing Co capital!
Corp common
1
Pneumatic
Drug
12
5% Mar
12
40
.6%
6%
.7'.
Feb
26%
common——*
Bartlett
International
13% Mar
63
...
Mass
8%
7
5
-
'
Eastern
900
Aug
11
x52
Inc.—•
America
Central
Independent
Apr
Jan
5%
12%
——
7:/;
25%
1
A
Brewing common
Hibb Spencer
9% Aug
5%
776
16%
10
*
3
50
220
10
12
.
10%
7
10
777777(77:7777'7-7
Leach
16%
15%
"
.
3% Aug
Aug
10.
•
■
2%
10
10
*7
of
Hupp Corp Mimnuwi
Mar
51% Aug
Feb,
12
A-;;^ .7;',".7
class
Corp
Lakes Dr
Helleman
Feb
59
Jun
July
10
7rW7V%;"
7V,;:(
Feb
Feb
20.
common
Hammond Instrument Co
43 % May
Feb
3%
11
-
...
Service
Mills
W/7/7
19% Apr
8
100
—
Mining Co
127
18% Aug
9%
1%
10%
26%
(new) __J—•
common
Credit
Jan
6
77772% Mav
C5Q
250
*
Edison common
Co
Apr
7
54
; '•
:
Feb
3%
0.
com
Co lnc
Gossard Co (W H) common
Jun
22
3
•' /
General Motors Corp common
Gibson Refrigerator Co common
Jun
51%
7%
,••;/
7
—
Calumet & Hecla
Cliff
Jun
75
7-37/;'
V-'
"r-
%•**
/
—100
Persona]
Boston
2%
58%
25
/,/,
64%
July
135
Mar
36%
245
If
t;'
■■
Co
Products
Illinois Brick Co
77/b
100
unstamped—
1st pfd stamped— —.100
Boston
158%
Hein
,';f
7
45%
1%
13%
11%-12
10
common
<r7
line;
(Peter)
Illinois
7'7<h
■
Co
.-
66 V* July
100
300
-
4
.
'7
■
23%
71- 8-:/7'7
stamped—
stamped
pfd
39% Jun
„
Aug
115
883
18%
43%
>.
'■
»fd
Flour
Fox
V.*:V
48
100
D 1st p'd
cl
41%
58%
'"'/•: 7
—
unstamped-.. ..100
pfd
A-1st
7%
A'
120
257
18%
23%
.
.
stamped
A
41
124
58%
pieferred
claxp
24
41%
100
—
Traveler Corp
pfd
cl
b%
30% Feb
125%
36%
&T:
unstamped
5%
288
40%
...
...
pfd
6%
57
121
Boston Si Maine RR—
TZ
36 % Mar
Railway—
...
_—
Boston Herald
147% Mar
625
125
121
•
'
11% Jun
19 "
7
(new)
Anr
10%
7;
—
11%-
common
Manufacturing
Great
Edison
Boston
2,125
55%
37%
/■;
•■
125
50c
.
May
15.
.
9%
1%
13%
•.
13%
Eddy Papes Corp:(The)-.......v-n.-—...
Jun *
•••?*;w;j;
.y;T-r*:
Bigelow-Sanford Carpet 6% pfd_.—100
Boston St Albany RR
.—.—100
Boston
37% Aug
X50%
Copper
777\
53
152 7/« 154%
154%
Jan
13% May
9% Aug
9% Mar
'
+-Htgh.
52%
46% Aug
37%
37%
-
-
VLOW
268
50
Mar
20 Va
Badge Since January 1
High
48%
—Too
Tel
&
Low
•
Chemical
Sugar Refining
Amer Agricultural
common
:i
—
preferred
7
::
Domestic
Shares
;
600
11
4
—
•
200
58%* 58%'
7
.
1
19
Corp
Consumers
fer Week
of Prices
Sale Pries
STOCKS—
40
Aug
15% Aug
2,850
13%
10%
1
Service
Dodge
Sales
11
5
Commonwealth
Week's
10
common
Corp
Corp
Coiemau
Friday
Hiah
Low
30
900
16%
13%
common
Burrell
■7!77:i-7v 7
Boston Stock
7
;V
-57
9%' 12
--
Secur Corp common—1
preferred
_
*
Convertible
Transit
Baltimore
AAA?-1
UMnois
45C
60
9%
■
common.—..——Ji
Biscuit
Convertible
47%
25c
Co
105
Range Since Jmnaary 1
.
High r7„, "^.77 V
15'%
—
—1
Corp—*
Corp
Carr-Consol
Mills—
105
7 for Week
Shares
34%- 34%
—,
10
common
W)
'Georae
Borg-Warner
July
52
Eorg
May
310
-
Mfg Co
Sales
7,
.
of Prices
7 •••./,."•. Low
*.
common.....
Berghoff'Brewing Corp
Blnks .Mfg Co capital.—
Jan
57
2
12
so
""33;
144
Fidelity & Guaranty
S
14%
3.25
16%
310
preferred
prior
National
14%
Co
-Rang*
-
High
7; 77
100
A
class
Vernon-Woodberry
Mount
.—
Low
Belden
———20
Co
Amer
14%
T7..7
High
*
_.
Bastian-Elpssing
Range Since January 1
Week's
*
.
Bain Price
Par
Shares
100
vtc
com
Low
*
—*—
Co
preferred vtc
1st
//:■< Friday
•••:-•<•. •.••'<" : Last
BTOCKf-
fer Week
ef Prices
Par
AUGUST 27
Sales
Range
Bale Price
STOCKS—
-
Monday, August 30, 1948
EXCHANCES
ENDED
Exchange
Week'e
Friday
WEEK
FOR
CHRONICLE
FINANCIAL
18% May.
.
.
July
83
Mar
*
Westinehouse
Wieboldt
Elec
Stores
&
lnc
Mfg com——12%
cumul
Chicago Stock Exchange
A:"i-777A7/'77"-.;
.
Last
STOCKS—
;
Sale Pries
Par
.
Admiral
Corp
Advanced
Aetna
Ball
American
Castings
Bearing
Tel
Si
Armonr
A
Asbestos
Mfg Co
O
Co
Tel
capital
common
•
100
5
4%
4%
Range Since January 1
/•'*",7
100
11
-
11
711
154% .153%. 154%
-
Low
7%
3%
~
A
12%
A.
;12% :12%
1%
„
U00
j
.
700
9%
A
600
i7/8
Products
Automatic
Corp
Washer
capital
common
4
6%
3
—
6%
148 *
Feb
Feb
Mar
ill% Mar
:
1%
300
6%
3%
3%
6%
67/s
-
50
...700"
;
capital
-V'/C:-/'• .-•
!_*•
•
10%
-
.Manufacturing Corp
& Seelig cl A conv
For
footn«t°x «#-e
page
3
;_5
,
'
6%
—
17% >17%.
1,000
,
20
15%
53
■
7< 7
.
..
,80
:.7,
Jan
733 V» Junl
:
■
/
Jan
85
11%
JPebL
12% July
250
14
.
7
~
10
1,059
Jan ■<
7-7 14%- Jan •?:,
/
-6% May
Feb
<12% May
158% Jun
I-<15
Mar
-
Lines, Inc.
8
Jan
4%
Apr
4%
16
Feb
7% Mav
Jan
<17% July
July
Feb
30%
Feb
9V4
; r\
American
Radiator
& St 8an com
Copper -Mining—,
—
*
Steel
common
Pacific
*•
Ry Co
new
Certain-teed
Columbia
-
System lnc
1
(The)
•
'*'
Jun
7 7
.200
-
Vf
2007
26%/Feb
100
503
30%
*•**
May
7
7
.'•'"•32% Mav
H8V2 Aug
Feb
12%
'
7.%
3%
;
loo";'
15
37% JUA3
July
14
*/
;
41
92% Mar
72007
15%;
-
512%
'
il67/a May
7'
Curtiss-Wright
■F*
-
36
35%
1
Continental Motors
—-
300
28% .*28% V'
118% U8%;
7 15
Products
Gas
15%
v
36% !37%'
.50
Armco Steel Corp.
10
Atchison Topeko & Santa Fe—...—100
Bethlehem
15
15
'
6% July
f
7 Va
12%
300.:
7%
1
2% May
3% Aug
4% May
2%-Mar
Alleghany Corp
American Air
Jun
44.
v
25L%.7Feli
100/.
/
7>^
)
10%
13%
14
t
Avco
Barlow
28
65
>*'v--
'
'
High
;
Feb
Canadian
Athey
Mach
common
23>
82 V2
__
•
7-77.7/':/'5-.1;
700-
'
pfd
Unlisted. Stocks—
Anaconda
:
1
common
* •'•-
;
Bankshares
Yates-Amer
Shares""
•
High
15
Wisconsin
Sales"~
far Week
of Prices
14%
5
common
Week's
Range
Low
1
common
Alum
Friday
■
pr
.7;. ••..•7': ..5
-
Mar
i
.
18%
Jun
.i9%.Mav :
Feb
14% Jun
.'76% Feb
7 10% Jun
Jan
12% July
10 Va
"
-
7%?:.7',
10
400
7/777 '600 ;
4%
Volume
COMMERCIAL
THE
Number 4729
163
CHRONICLE.
FINANCIAL
&
.
X
.
(873)
37
;raTWEit
"
*
7
••'
Week's
Friday;''
Last
(■;
:.f 8TOCK8—
,?■
Sales
for Week
Range
of Prices
Sale Friee
Low
Shares
>•
Range Since January X
High
Low
Farnsworth Television & Radio.
General
5
Nash-Kelvinator
North
<
•
}f
;
;
capital..
xV
.
Atner
—
—i
*
Pictures
Inc
Inc
*•
•:»•*
-
-*
4%
'
/'I
1,000
23% 77
100
77.4%
'
23%
4%
23%
12%
12%
35%
6% May
Detroit Stock Exchange
•
36%
DETROIT
Jan
12%
5% May
•
Feb
18% Mar
1,200
12
1,200
7 400
11% May
26% May
-
12% Aug
Jan
23%
•
45
42
May
15
2%
Sehgnley Distillfefs Corp„—;
7%
8
29
6%
T.1%7
1,
29
■'•:•
*
..
'.
.
.
.
Jun
*f
i. ■V
100
300
7%
y
7.
Aug
'
Last
.11% May
•,31%
Feb
6
Soccny
•'
Vacuum
Oil
Standard
;
Co
Fen
78%
:
h
: 200
t69%
Feb
7, i-aoo
A3 -11%
Feb
300
16%
liar
.7 500
9%
Feb
19 V*
78%
18%
of N J
Aug
14%
ii%
In^.'.J.—.15
—-_i—___.25
Oil
78%.:
2,100
'
jhly-
>432%
Baldwin
91.,:
•
Jun
/I-''
LOW
■
23%
9%
9%
31%
31V*
-A. ,150
..1%
IV2
Brown-McLaren
7—17
—
X.
26%
Jun
10%
Apr
Feb
36 y«
29
,
:140
VV.
High
.
Feb
9% July
19
1,255
>'.•*.•■ 343
—
Brlggs Manufacturing
Range Btnee Jannary 1
Shares
High
22%
—2
i
Jun
•
Low
—
Products
Metal
Rubber
;
r23
of Prices
Sale Price
••
for Week
Range
Par
American
29 %
7
stocks—
'■
;
Jun
7% July
Sales
Week'e
Friday
Feb
23
V
Exchange
•
* •
Feb
8
,200
.
6%..
Detroit Stock
Jun
X25V4 Feb
t
12%
Radio-Keith-Orpheum
Republic Steel Corp eommon
Rexall Drug Inc.J—
'«"■
Associate
Chicago Stock Exchange
18% July
.16%
.
\ 4% Feb
-
1
-'4 *.'&•*;'
:
1
New York Curb
>
Jun
21%
Feb-
14% Mar
Members
York Stock Exchange
New
Jan
42% July
35%:
7 Radio Corp of America common—-*
<
•'
14% Mar
•
.12%
*
common.
A
Feb
8%
1
.12%
.'y'
5%
Telephone: Randolph 5530
•
com
,
(The>
:
400
2%
new
;
Pure Oil Co
18.
17%
WATLING, LERCHEN & CO.
14% July
••
Feb
4%
7
200
7777.
17%
,
3%
300
-
.
12% Aug
.
Pepsi-Cola Co
Pullman
♦
5%
317/. Mar
>
;;
Airways Corp——
Paramount
410
•
> v';-/
Packard Motor Car
Pan
3%
300
10
Co
•'.-v
•
3%
a-
17
_B
Corp
American
200
75%:
Central RR
New York
12%
5%
7
3%
.
39%
12%
'Uw
Graham-Paige Motors
Laclede Gas Light——.
•
.'7
.7
39%
Corp:—L_
Public Utility
High
107/s July
42% May
5% Mar
—2*
General Electric Co,
RANGE FOR WEEK ENDED AUGUST 27
Wz
<
Jun
1% May
Apr
"
Standard
Steel
Spring.—
;13%
1
13%
.
;
Burroughs Adding Machine.*—L
15% May
7
17
17
A
21%
21%
"7V.
33%
33%% :■
•'■ "'*'7.':
—
.
17%
12%- Feb
.125
~
■7 25-7 25
Studebaker
United
Corp common-———-1
Corp__
1
Corp
•
Wilson
&
Sunray
Oil
Co
13%
~
•
common
13%
3% 7-3%;, y
-
14%
:
.
100
,7,
14%
•%
2%
Consolidated. Paper
Consumer's Power Co
Jun
^
15% May
37/sMay
a
Feb
12%
1
100 7
;<29
.
Feb
77
•AvS
,\'f
••
Continental Motors
V/v
v*
-r
?
-7-' f
'
'*
J
'
' !'
Last
STOCKS—
1
f
1
Aluminum
>'r
f'J-
Industries
American
.'f
v'"\ "* •"
-
Gas
Cincinnati Street
Cine & Sub
Cincinnati
Tel
Union
Yard
Stock
27%
98%
7
5%
•
.
*■
Co
18%
10
-.I
21%
14%
13
5
95
73
;
154
21%
20
,; ,k7 80
43%
44%
08
V
13
«5
Jan
*
Little Miami gtd
Proctor &
Randall
50
*.
Gamble
class
-A,.
—
,
67%
67%
*
B
12%
—
k
-
;
7 7
Hall
Apr
Apr
Jan
■40 7'
12%
Feb
6%
200
7
12%
98
Feb
Jan
15
71%
1 y.
24
3
4.
Industries
—1
—■•v'7:
:
i
It :tv
.
63%
7
_
Jan
36 >/4
S
preferred-
Printing
10
57
57
50
50
Jan
50
—
____
48
48
50
48
May
57
Aug
50 7, Jan
,
Tlvoli
Brewing
4%
36»/2
:'-77? 281 r*
4%
17%
r
3% y -;
3%
10%
15%
:)
100
X.
14%
Friday .'
Sty,-..;11,/'. iVi?
•
STOCKS—
Last
Akron B*ass Mfg
Sale Pries
of Prices
American
Coach
American
Home
Bodv„
ft
Products (Un)
American Tel & Tel
21
125
16%
a23% a23%
100
25
207/a
Feb
al53%al53%
—
3% July
Feb
25
21
77-7777)7..7-'.^: 777-7
HU/hi
.
Jun
200
1
(On);
tow
3
«3%
5
——
24%
Jun
—25
—
*38%a38%
*
120
28% Mar
33
15%
15%
213
12% Feb.
17% July
76
__
37
76%
75% Mar
81%
.
July
Cliffs
Iron common
15%
preferred—.,100
$4.50
—.1
-76%
•-
Jun
Oil
Basin
77
7 260
7
Consol
Illumln com
Electric
Natural
Faultless
Firestone
Tire
1
;
Rubber
(Un)
211
U
41%
87
78
25
;_25
8*8 '
gg
Aug
Feb
al5
al5
40
25
95
51
.
47%
47%
307/s
—
50
43
25
Co
53
Glidden
Co
Goodrich
;
(Un)
:
—
*
.
380
31% Mar
43
'
50% Mar
65
__
21
28
(B FJ common——
4
^
*44%
,,
■
common...:
5
—
Preferred
50
272 ''
15
15
Mar
47% Mar
'
45%
22
'-'''45'
.
Jones
*
&
,V
Steel (Un)
Laughlin
"
3
*
—
260
22
38% Mar
14
Mar
25
JV *
^
J{
%
^
v
,
64-; May
.
17
——
' *
*
Lamson & Sessions.
McKee
(A
G)
< J
l Jan
>
10
class B——
—
19% Jan
Oil
Mfg.i——-^.^1
(Un)
Tele
—
-W
—1—*'
(Un)__—__
50
26
Packer Corp •—L—
Pennsylvania RR
Garret
413
10
Feb
15%
30%
•'•-23
24%
Jan
30% Aug
al7
4%
60
—
Rlchman Bros
—i
—
.*
—
*
260
2% Feb
65
26% Feb
12% Feb
100
50
32.;
16%
Jan
Feb
a28% a29%
43 %
44
44%
25
698
U 8
Steel
common
(Un)
-
10
—
•
__
Van Dorn Iron Works—
Warren
Refining & Chemical
Youngstown Sheet & Tube
Youngstown Steel Door(Un):
For
footnotes
see
page 44.
a29
6%
5
_*
*
.
..
—
—
36
Corp
common
Jun
Co
Hanbock Oil
Jan.
1,770
;
—
8%
6%
-
a25Vs
25 7
16%
13%
Feb
20% May
69
303
54%
Feb :;
65%
204
16
Feb
20% July
5% Apr
7 Vk May
7-
1,700
350:7
6% Aug
100
7'%
8%
13%
64 %
—
—
May,-;
44%
13%
—
.
30%
Jun
12%
Apr
Feb
14%
Jan
60c
.
43.
36
:
Jun
.Aug
Independent Exploration Co
Intercoast Petroleum Corp
Oil
Jade
22% May
31%
47
Apr
3917
Jun
33V3C
10
1.45
10c
Co
Kaiser-Frazer
County
1
Corp
.
Lane-Wells
Land
5
Co
;
Co
Petroleum
Aircraft
Lockheed
Co
Corp
83% July
Los
12
Mascot Oil Company
Angeles
Investment Co
—
7
2% Apr
a80%
al7%al7%
75
65%
Feb
87% July
Mt
25
14% Mar
19% May
National City Lines Inc—
Mar
443
279
4%
14%
5% )■
14%
11%
1.45
19c
:
__
;
10 7
3%
May
May
Menasco
Co
Co..—
Manufacturing
Merchants
Diable
Petroleum
Oil Mng
& Dev Co
1
10c
—1
100
45%
—
a275
a275
——1
1
1
1
1
—
1.15
2%
1.20
—
—
-
V
1.15
2%
1.25
1-70
1.20
2%
1.35
1.75
a7%
a7%
,,
..
100
July
131
14 V*
Jan
Jan
5% Aug
18% Mar
17%
Jun
1.70
Jun
Aug
19c
45
'
34c
Feb
Feb
15
Jan
Jun
51
Apr
20% Jan
1.10 Mar
14% Jan
270
2
600
240
2,900
600
Feb
8%
1,800
1,355
"7;
Jun
36 % July
45% Jun
10% July
77; 104
23%
25%
1.35
23%
64%
Mar
97%c Feb
■
',0.: 594
25%
1.30
22%
—
Jun
14 V* Aug
453
97/s
45 %
71 —v
45 %
Jun
May
10% Aug
1.55
625
1,050
1,000
t
;
92
,
11%
10
•15%
Feb
24
;300
2,625
158
,
Jan
Mar
320
Mar
'
39
95c
Jan
51
200
378
31%
44 %
Jun
41
24% Feb
67% Mar
10
718% July
22% Feb
Feb
5% Mar
8 % Mar
100
300 4
1.35
19c
-•
—
Feb
295
4,664
11%
.
Mar
Feb
Jan
10
\ 10% ,10%;
6% Aug
61
50%
21%
.
122% 122%
—
-10%
4%
49
Aug
12% Jan
72
-70c
7
8%
127/s
64%
31%
;V
Jun
50
v
1,700
305
Feb
9% May
114
305
Feb
29%
915
13%
*
—
,
Jun
Jan
28
20% Mar
-
7%
.
38%
31%
1107
300
—
2
10
Jan
34% July
675
—
1
1
Jan
15
Feb
26
Aug
18%
29
13%
70c
—
.—.——5
Holly Development Co
1
Hunt" Foods; inc common———.6.66%'
100-
*
Feb
10 % Mar
351
.
8
Feb
7%
1,080
6%
6%v
a52% a52%
a25% a25 /«
—
.100
class A common.—*.
100
8%
2%
*
50c
4
>1
15% July
10% Feb
C
19% 19%
6%
7
48%
49
10 10%
-i.
..
Jun
Jun
77 %c Jan
27%
16%
;-
—1
7%
28%
69
1
Httton Hotels Corp
9-^-
>
a80
5
19'
Motors
2%
•
2
a29%
a77% a77%
Corp
A
(The)—
Corporation
Lincoln
Standard Oil of Ohio common
.
High
,7
Feb
Feb
62 %c
15%
M.V
21%
1,900
75c
.
4% Aug
a
90
a35% a35% ,
—
*
Goodyear Tire & Rubber Co common—*
y;
al7
a36% s37
36
36
;
al8% al8%
4% Mar
May
Kern
Republic Steel (Un)
Low
900
.
:'-ll% '11 %.•••.
a29% a29% <
•
—
Gladding McBean &i Co
12%
4%r 4%7
class
37% July
General
Feb
Radio
&
Stores
15
29% Mar
12
30%
,
A—
Merchants Natl Bk..
Fitzsimmons
^
7V 4%;
I————*
*..*1
Jun
106
:,4%
N Y Central RR (Un)-——•
Ohio
23%
135
V
,•
7r'
•
Metropolitan Paving Brick--w-—^-^-4;
National Tile &
*
47/«
23%
1,147
8%
'
*
'
Corp-
Products
Electrical
Farmers &
11
%
—
Range Bines January 1
Mar
13%
a34% a34%
—
u
*
Apr
2% May
2% Jan
Sales
Shares
7% 7' •' 8
8
8%
20
Doernbecher' Mfg CO Douglas Aircraft Co Inc—
Dresser Industries Inc —-
47%May
13%
*
¥
'
Kelley Island Lime k Trans..——-
Feb
Jun.
Jan
for Week
-
Bigh
.
49
10%
Engineering
Creameries of America
40% Mar
50
745--
•.
20
65
7
a21% a217/8
•.
15%
/
19%
67/«
Farnsworth
Jaeger Machine
7
—20
—1
Exeter Oil Co Ltd class
Halle Bros
7%
12
'1% Aug
May
a58 % a58 %
Gdodyear Tife
Rubber• feoiftmon——*. " -i-vl
Gray.,.. Drug stores
————*• ■ • -, 15 f
■
Consolidated Western Steel Corp com.*
Jun
30
*
Range
23%
70c
14%
—
———2,50
—
Colorado Fuel & Iron pfd
May
35
*
.
10
39%
a63% a63%
a22% a22%
(Ufi)
(Un)
'
Week's
4%
—
Broadway Deptr Store—:
Byron Jackson Co •. -—^
Consolidated
General Motors common
y,
Certain-teed Products Corp
Jun
r
General Electric common
h
....
Chrysler Corp
Aug
Feb
Consolidated
California Packing Corp com
Central Investment Corp
Jun
16% July
20% Feb
,.
Jun
' Jan;
7 897
9% Feb
25
;
41%
34% Feb
a39% a40%
a4l% a41%
■
—_*
....
-
&
.—
————*
(Un).—■
Rubber
—
15
Gas (Un)
Electric Controller
Erie Railroad
•
1%
100 '
-
sf Prices
4%
Blue Diamond Corp^-—Bolsa Chica Oil Corp
—
1
Apr
.
Cleveland
1%
' tow
-10
1
200
common
Bamhart-Morrow
\
Cleveland
•
->
Bale Pries
Bandini Petroleum Company.—---1
.45% Jan
115
a30% a30%
a38%
',
Friday
•.7'';v - Last
,
Par
26% May
158% Jun
147% Mar
;"/7"
.
STOCKS— .7.
Barker Bros
Chesapeake & Ohio--.-!
City Ice & Fuel
700
23%
Feb
Feb
Range Sines Jsenary 1
Shares
High
a3%
,
1%
Jun
Jan
Exchange
Low
—————50c,
5%
10
Jun
3%
,
17% Mar
100
250
Jan
10%
16%
Feb
290
7
Jan
Jan.
May
4
Feb
3
10%.
•
6Vs
20
7 Sales -,-7
-Week's
.Rangs-r- for Weds
-
-
Par
7
33%
•••
> 3% July
8%
Jun
5% May
Feb
Feb
1%
7.
:;7? 1%
Products
Screw
Wayne
Cleveland Stock
77\
12
1%
1
Aircraft
7
May
3%
100
3
6%
6%
10%
'•*
'
580
Jan
5
500
'
20%
20
.
'V-
mi**
14%
2% May
2
26% Aug
4»A Aug
200
;
;.y 100
•
Jan
;;
Feb
4%
Jun
87%
Aug
7-
485
Jun
8%
VA July
3% Jan
318
17%
20%
'■}
•15%
Feb
1%
4%
1
1
Jan
9
f
Feb
7;v •-■•7'77, 773;':7
5
—
"v-
Feb-
•
33%
•
1,600
10
1
Corporation
Warner
*
2V4
14%'
1
Tlmken-Detroit Axle
Udylite
7
7;; 261 7
3j/4
2
Superior Tool & Die
'
Jan
5% Mar
Feb
14
•
2%
w>1>
'■
U
Playing Card
Jun
8%
•'
'.77% Mar
•
3%
•
U S
3%
4%
10
-
64%
Aug
3%
—
Manufacturing
Jan
9% May
Mar
2%
•1:.y f
W
<H
-
V
100.7
7:1%' 7 -1%
:
3% •
y*:'[
Scotten-Dillon
Shellcr
23%
Feb
52%
,100
1%
•
Brewing
.-7
Feb
6
100
1%
Davis
Rickfet
Jan/
ii
7
200
2
Peninsular Mtl Prod common
•
1% May
Feb
36%
___
_
Packard Motor Car
Jan
Jan
5%
7 300 7
.•
IVs
'
.
50c
—
Stamping
Pfeiffer
4V4
Feb
1,600
•
8%
14 vh r
7
7Ve
u.
McClanahan Oil
Feb
«■
18 f
■
36%
1
—-
Jun
3
-U
517
r:
•
14
HA
:
.—.10*
Screw. Products
May
3%
*
.7
*1
—
26
Feb
90c
-
.
3% July
2%
vt3%y Vr 200) ■ %
3%
Jan
*v
fvy?*"
6%
••8%
—2% 7
Motors
Apr
'
7-
Jun
11%
7
22'/a Mar
1,250
63% i
6%
• mmi-
i-1 7
100
Jun
21%
Feb
2%
•
; ^v800 :■
,
8%
-
•
9%
7.^7 300
94c
Jun
6%
7'
Mar
•
20% Mar
200
■
21
8
8
■
4.
i ;l,400
.
3%
<-■'
94c
7,
200;
>
2%
2%
:
Feb
Jun
>ioy»
6% Mar
200
A-,
23
34%
33% Aug;v
.
7,653
r
.
3%
21
Manufacturing
National
Aug
8
12% Aug
.
772%
—
Mid-West* Abrasive
47% Mav
40% Feb
93.
.
290
10 %
•
3%
.\s7f;.
■
—1
__
Kresge Co (S S)_
25% May
21
July
Feb
•
7;
5%
\
Mar
21
..
150;
500
20%
10%
24
1
I—
Brewing
common.
Electric
Masco
,10%. Jun
16% Mar
7
Lamp
Howell
' Jan 7
13
•
20%
•
—17;
—...
Motors
Hoskins
Jun
8% Jaa
81
20%
1
7
5y8
'
89%' 4un
102%
62%
621
68%
6%
*
Rapid Electrotype:
;
i'-.
Corp
Gerlty-Michlgah Corp
Graham Paige -a
Parke
-
5 s.
■
'-J.
*
Iron.71———
Trailer
General
Apr
19
Mar
6V4
"
<
200.
>7
7%
7%
:b
Jan
,
Ale
Wood
Gar
'
Wro *toi
Steel
Fruehauf
,4% May
:
May 7
19%
y%V29l
98
Jan
10"%
,110
8%
20
Gray
Frankenmuth
•
32%
;
Jan
93
610
7>-?
7
Mar
3
123 "7/Feb v
275
21%
.__10
common
'
High.:.
9% Aug
139
75%
12%
8%
?
77— -X
/
29 % Mar
X
25 -7
6
76
75%
———.
Ekgle-Picher
50
33%
—
;
Electromaster
V Range Since Janaary 1
25
77:7
—50
Crosley Motors
Mfg
—25
*
Bell
"v
126
3%
96%
--
,
9%
31%
26%
-8.50
18%
'ii: <4
Low
3%
'7"l
' '•
Edison
Friars
High
6%
30%
•'•7-
f"
8
common,.
Elec
&
preferred
Shares
18%
'77'.7
—A.,
Cincinnati
•,'7,'A- V Low
I
-
*
Baldwin'
Hobart
Par
'.V:-
f:
5:7
Nav.1.
Gasket
Detroit
.•
for Week
at Prices
_
_
Balcrank
4%
*
,u
^
7^777777=7 7.;- ■
Sales
•
Range
Sale Price
Mach
Laundry
Week'e
Friday
•
*
Detroit
.717*7*
i
Detroit
Cinciinna til Sto ck Extihangi
v'r'fb'iJ;
Cleveland
&
Detroit
7v
r.-r
'
-
T7i
17% May
Detroit
('
.21%
*
common-
Jun
90c
1%
95c
Jan
Jan
Jan
Feb
1.05 Mar
"
6 Vn Mar
30
Apr
1.60 July
24%
300
Jun
July
1.30
Apr
8% Mar
1.55
July
1.80 July
9
■
May
■
,
38
COMMERCIAL
THE
(874)
&
OTHER STOCK
RANGE
Week's
Friday
STOCKS—
Monday, August 30, 1948
CHRONICLE
FINANCIAL
EXCHANGES
FOR WEEK ENDED AUGUST
27
Friday
Sale*
.
for Week
Range
8hares
of Prices
Sale Price
.
;
Range Since January 1
■
Par
1 /■•
1
1
Nordon Corporation Ltd
Aircraft
Northrop
Inc
Occidental Petroleum Corp
„
■«v
15c
2,500
117a
11%
365
45c
45c
i
35c
Jun
24c
Mar
6%
200
Schenley
Socony-Vacuum
Apr
2.90 Jun
15% Mar
21%
Jun
Standard Oil Co
a34 a34%
294
30% Mar
36
Jan
Standard
Oil
Jan
Stone
Webster,
Rexall
250
*
28
Aug
28% Aug
22
Mar
32
Texas
25 V*
710
5%
500
4% Aug
6%
6
6Vs
310
5%
Feb
7% May
90c 977aC
400
85c
Feb
1.30 May
Union
Carbide
15%
Jan
49
Jun
Union
Pacific Railroad Co
7
Mar
97 %c
—1
?•
Jun
Texas
Jun
Tide
common
•
37 %
37 7a
38 %
1,226
Company
1
5%
5'A
5%
675
4% Feb
5
al8
17%
al8
115
17% Mar
20% May
—1
18
17%
18
1,810
15%
20%
Corp
Ryan Aeronautical
13% May
32%
Apr
23%
Jun
Feb
50
15
Feb
1,080
54
July
55% Jun
38
Mar
52%
a79
55
71%
425
,
a
18
165
17
29'/a
53% Feb
75
v
"
Jun
85% July
Feb
11% Mar
118
i
25%
25%
High
..
11 % July
26
50
al6% al6%
_.
25
Company
Gulf Sulphur Co
Associated Oil Co
28'/4
^
Low
1
300
&47
a78
Range Since January 1
•
19%
__
al6%
1
Corp
5
~
18%
&46%
25
2.50
Oil Co
Oil
Richfield
Studebaker
High
■
Feb
July
Jun
Julv
55
47% Mar
230
__
18%
J)
Shares
11% 11%
a28% a28%
a45% a45%
_.
...
-.*
Inc
(N
28
Gas Co
Drug Inc
Ranch
35%
Mar
33
:100
Co
24%
Republic Petroleum Co common
Oil &
•
&
1 /
(Ind) ———25
1
Puget Sound Pulp & Timber Co
Reserve
33%
33%
»53%a53%
Co
Seaboard Oil Co of Del——
1.95 Feb
85
a34
•
*
1
Lighting Corp common
Corp
Oil
2,300
25
1st preferred
Pacific
Distillers
13% May
70c
Feb
Mar
for Week
Low
Par
5
1.75
15
Regis Paper Co
2.60
2,55
„
25
common
St
a 18% a 19%
2.60
10
Corp common
Pacific Gas & Elec
Rice
14c
'' V..• '.-ijj ;;A'' •' ? \\,\ :V-/ • (J'.
'•
Pacific Finance
6%
High
Low
High
14c
-
1
Oceanic Oil Co
..
Low
'•;>
Sales
Range
of Prices
Sale Price
STOCKS—
y
Week's
Last
■
Last
Aircraft
United
Carbon
&
new
445
19%
Feb
32
21%
195
19
Aug
25%
Apr
40%
40%
182
39% July
42%
Jun
92%
92%
297
92 %
Aug
92 %
Aug
a26% a26%
20
23 %
Feb
30
July
12% Aug
19
Apr
__
__
com_50
—
5
Corp
68% July
26%
21%
__
•
Co
Feb
26%
v
..
49 %
80
a62% a63%
__
•
Twentieth-Century-Fox
a57% a58%
a57%
*
10
Water
66% Jun
,
Jun
•
Seaboard
Finance
Roebuck
Sears
Co—
•
38%
Corp
190
40
Sierra
Trading
25c
•
Oil & Gas Co class A
Class
B
Corp.._
Sinclair
Oil
Corp
Solar Aircraft Co
cumulative -
4.48%
.4.32%
cumulative
—_
27%
A
preferred
23%
23%
Pacific
Southern
Standard
Oil
4%%
Textron, Inc common
$1.25
Oil
Steel
States
25%
34%
Jan
44%
Feb
62% July
64%
1,01-3
23
255
279
237a Aug
Aug
—£■"
Mammoth Cons Mng Co..
Black
& 8
2074 May
ft--
■
137a
,
Unlisted
...25c
Ltd
13 Vz July
2074 May
Electric
Storage
865
21%
Feb
38 74 July
General
Motors
343
67% Mar
8374 July
Gimbel
41
1,444
40
3c
1.20
4c
Feb
July
American
4,
•
Airlines
Smelt
a34
Refg
»»♦
Anaconda
*
Si Tel
7
♦
—-
Topeka
&
50
10
Mar
4% May
34
July
41% May
Steel
Corp
Co...
Airplane
Pacific
Canadian
Service
5c
Jan
&
Southern
*
*
'
■
157% May
148% Mar
32
Feb
40%
27%
Feb
31% May
Salt
15
460
10%
Feb
16% July
290
30% Mar
37%
a23% a23%
50
23%
Feb
28% Mar
United
a5972
a59 % a59%
81
47
Jan
65
July
United
10
Jun
19
May
53% Mar
61
78
33
Mar
63%
10% Feb
14%
25
24
27%
Oil
Scott
Sun
Paper
Class
A
75
25% Mar
3%
3,253
23%
23%
255
7%
7%
200
a60% at>0%
50
a28 % a29%
161
A-A Y'- ,>A
Electric Bond
Share Co..—
&
10
10
1
440
15%
/
10
25
-
s
Apr
2%
13%
•
13%
a21
397a
..
39 72
a40
*
General Electric Co..
Foods
General
Public
Corp
•
;
Utilities
Corp
V
■
Great
Northern
Co
Ry
—
Int'l
Iron
Nickel
vi
*
__
6%
pf Canada....
Paper Co
International
Tel
Llbby
&
Corp
>
Robbins
Inc
....
-fr
;
44
•
Nash-Kelvinator
Nat
Distillers
New
York
Corp
Prod
/
1
Allegheny
Clark
American
North
'North
•
Feb
9%
Aviation
American
Pacific
Ohio
Packard
Motor
Paramount
Car" Co
Gas
Continental
&
*
*
9
Railroad
Co.
Phelps
Dodge
297a
_.
Feb
40
11%
Feb
15
July
3%
Feb
50
3%
24%
5% Jan
37% Mar
48
223
10
Feb
13% May
125
11%
Feb
16% Jun
.50
National
14%
.
,
25% Mar
33%
53
;
Apr
62
12%
Jan
16%
Pure
Inc
Jun
59%
Jun
:
Jun
10%
Apr
19%
31% Mar
116
48%
63% May
100
al9% al9V2
30
17%
17%
1,355
12%
Feb
15% Mar
18%
Feb
21%
.,
12% Mar
*
*
Radio-Keith-Orpheum
1
Corp
Brewing
preferred
Warrants
Steel
Pittsburgh
Foundry
com
9%
Feb
285
15%
Apr
16%
635
17%
Feb
a367/c a37%
25
26%
Feb
40%
" J
coo
nnrra
44
Range Since January 1
San
Toy
337a Jun
12
Jan
127a
87
23/4
23/4
200
2
Jan
27a Jun
27
293/s
1,242
25
Jan
30 V2 July
10
243/4
107a
152
77a Mar
10 7a July
24%
785
217a Feb
27
3674
60
3674 Aug
36% Aug
1074 Feb
147a
-
Jun
Vanadium
183/a Feb
11% Mar
372 Aug
23% May
24
July
6
Apr
3
33
357a
4%
37a
337a
250
155
203
215
272 Mar
30
Mar
34 74 Feb
43/4 Apr
372 Jan
527a Jan
397a Jun
-•>.
57a July
75c
75c
1372
11c
1372
37
37
37
__
£ 337a
__
—
75c
—
•
*
12.50
Alloys Steel
Westinghouse Air Brake
Westinghouse Electric Corp
Jan
37
3678
277a
Friday
Jun
8ale Price
STOCKS—
4%
Feb
Feb
11% May
270
18%
Feb
26 % May
Feb
21% May
Burkart
22
Jan
Falstaff Brewing common—
.**57
May
18"%
323
16%
765
12
54%
54%
265
41% Mar,
r 204
Aug
5% May
^
•'
;■
f
yv;
American Tel &
Shoe
Mfg
common.
Feb
44
May
Jan
255
12%
12 %
444
8
Feb
15
a8%
a8%
80
8
-Mar
11
4. 1%
1%
a28%a29%
277
1%
Feb
302
22%
Feb
25%
•
May
3% May
Jun
31%
:*
*
-'
4%
„r>
367a
273/a
900
277a
•
70c
Aug
100
6,500
12c
13
10c
1
Jan
Mar
110
293
170
...
(Un)
(Urt)
_
Griesedieck-Western Brew
____
Apr
327a Feb
25% Feb
33
:
-
Jan
137a May
19c May
, r
377a May
39% Jun
33
Jun
Sales
Range
for Week
Shares
Low
327a
1
Range Since Jannary 1
Low
High
337a
206
40
1507t
27
High
Aug
Feb
1547a Aug
33% Aug
17"/
—1
»
17
90
16
Apr
20
22
22
2274
250
15
Feb
237a May
39%
289
31% Mar
135
51
637a
397a
63%
27
27
67
67
67
16%
1674
17 7a
''
23 7a
24
42" •;
417a
427a
39%
637a
-
10
1
...6
—4
Hyde Park Brew common
Hydraulic Pressed Brick preferred- _50
International Shoe common
Week's
of Prices
1527a 1547a
.15
common.
General Shoe common
36%
!"
154
General Motors common
36%
Par
Tel
49% May
42% Aug
36
St. Louis Stock Exchange
13% May
8%
12%
May
100
*
130
a42% a43Vs
'•
High
-
Feb
Aug
25
9
1,666
300
1
410
23
10
2274
33/4
Bros
4y„
23
Low
79
250
297a
237e
Mining
&
Reyrner
a9%
12%
__
a29%
Shares
High
2172
372
27% Jun
'
...
•
of Prices
22%
1
Renner Co
a9
•
Republic Steel. Corp
for Week
2274
3%
*
*
10
*
common
4%
a8%
Range
Jun
875
■
12%
;
Sale*
Week'*
18% July
16%r
a42%
v.
—
_■
1
22% May
22%
l87/8
•
Aug
May
May
July
227a
5
Corp
Pittsburgh Plate Glass
31% Mar
12%
Company
Radio Corp of America
Mar
32
82
70
37/s
237a
39%
.
10
Pittsburgh
Apr
16% Aug
V:
•
Oil
2
Feb
20 7a Feb
10
Simply
General Electric common
Pullman
607a Apr
July
75
18
Fuel
Fireproofing
Jun
1
Gas.
Star
Lone
Mountain
110;
al7
16%
"
10
469
1,030
374
217s
50% May
707a Jun
-
Jun
Feb
a36%
25
39
87a Aug
39% Mar
507a Mar
3674
2%
5
34%
Feb
60
Corporation
70
224
133
.
■
../■.
2772 July
12% Jun
12 7a
•
1
100
8%
22%
33%
287s July
"...
687a
9
Brewing
Brown
Pennsylvania
Pepsi-Cola Co
167a Feb
s
297a
__
1
Corp
Joy Manufacturing Co
~a54% a55%
,
150
80
106
25
97a
46%
Low
Brewing
Jun'
45
__
23
235/a July
387a
Pitt
42%
Mar
42%
11%
4"
Aug
—
Duquesne
32
502
22%
1
457a July
21
267a Aug
70
3
207a
Sale Price
Electric
Commercial
239
30
12%
2.50
Inc
Jan
716
761
3978
.".CiL'j-
-
Fort
al67/a
*
Airways
Pictures
28
237*
203/4
Last
Pan American
487a Apr
May
243/4 Jun
25
Mar
118
27%
87a
457s
...
Co
Jun
71
•
Company
Oil
65% Aug
Jun
50
100
Co
395/a Aug
104% Feb
21 'A Feb
2172 Feb
—
13 %
Steel
Ludlum
(D L)
16%
360
10
Rwy
105
2
2,394
173
68
Par
22%
59
17 %
Inc..—1
Co
Northern
39%
83/a
STOCKS—
Feb
aGO
13
1
73/a July
20% July
227a May
247s
—
20
15% Jan
a32% a32%
>.
RR
5% Mar
18
Jan
16% Feb
38% May
22%
Last
Jun
26% Aug
9%
5
Corp
Central
744
667
1,474
65 V2 Jun
13% July
.
27
Friday
Jun
12% July
59
...
6%
183/4
197a
Pittsburgh Stock Exchange
69
Feb
9%
4_.
Montgomery Ward & Co Inc.——*
13
May
77/a May
1
..
.
33%
Mar
50
4%
al2%4
al2%
__
.18
97/a Feb
4% Feb
*■
*
common
Improvement
Jun
20 Si
a60
a60
?
578
14
__
1
*
Corp
Jun
170
a31 a31%
*
•
...
&
141/2
•
12%
6%
;
50
common
Corp
10
27% Mar
20;
a42% a427/8
all%all74
*
7
Libby
Inc
McKesson
3%
,
.—.15
.....
Tel
Copper Corp
McNeil
Loew's
&
25'/a May
22%
f 27%
*
Gas
24%
Feb
•Y-iY";YiV'.v:.'.
•
all%
173/» Feb
3972
*
*
Tacony-Palmyra Bridge—
Class A participating
$3.50
_i._
International
Kennecott
1
213
39%
227/s
3% July
21% Mar
100
al2V2 al2%
'-s.
3
Corp
Co
•.
pfd„_
Greyhound Corporation
Interlake
___*
..-••
Graham-Paige Motors Corp
a39%
a40
20%
10774 1077»
225/a 237s
233/4 24
—
Harbison Walker Refractories com
General
56% Jan
6%
18%
13%
—
28 % May
Feb
379
25
&21
..—5
Electric Power & Light Corp
15% Mar
493/8 Feb
50% Mar
Mar
7
'
77a
1
common
...
1,293
135
1,031
117a
6%
3
Co
Oil
Columbia
Curtiss-Wright Corp
16%
51 %
64%
183/4
187a
*
common
Jun
3
__
52% Feb
Jun
a22% a22%
a257/8 a25%
a29 %
304
150
Jun
75
•
:
17
Jun
ll3/4 May
Feb
8
Apr
15%
3%
5
12% Feb
60
11
__
18
100
common
Westmoreland Coal—
Mar
55 <•'
15%
—..8
89
15%
236
ll7/a
1
preference common
Dome
a23% ?
v •: \
27% Apr
1583/<-Jun
10
—
v
35 72
•
22% Mar
1477a Mar
113
„
20
„
•
50'
Reading Co common
15
91
60...
High
Low
820
24%
15%
50%
637a
—
10
50
Jun
35%
216
Range 8ince January 1
s
;
11
5
common
div
$1.40
7% May
—
Jun
585/s
36%
Public Service El & Gas com
'*'&•
49% July
•
25
Jun
49%
97a
63%
Brothers
Corp
117% July
—
97/a
•
10
Battery
Corp
div preference
$1
Phllco
Apr
1
....—
May
Feb
4
11% May
16% May
65
Mar
224
a51%
a55
al2%al2%
(Del)
Zellerbach Corp
Mar
10
Jan
48
Jan
15
33
Feb
May
Sales
High
15
-,
__
13%
Power & Light
372% pfd series A
Philadelphia Electric
4%
6%
a52V4
...
7%
12% Mar
321
a54 a55%
(N Y)
4;Y;
•.'
499
36%
28%
a55%
Corp
Continental Motors Corp
Continental Oil Co
36%
28%
10
Edison Co
4.,';
al52%al54%
*
Commercial Solvents Corp
Commonwealth Edison Company..
Consolidated
89
"
Feb
7%
44% Mar
80
152% 154%
•
Pennroad Corp
42%
•
*
2%
Co
Pennsylvania Power & Light
Pennsylvania RR
205
Railway Co———.25
System Inc
Commonwealth
Delaware
67a
4
—5
;
.
Company
Gas
180
:iw
•
5
Caterpillar Tractor Co
Columbia
100
7%
—
(Del)—.....4.3
Borg-Warner Corp
Crown
3
150
15%
36%
Baltimore & Ohio RR Co..........100
Cities
500
Ry__100 all6% all4%all7%
25
—* a41% a41%
Fe
Santa
——
Bethlehem
1
100 al54%
Corp
Refining Co
Mfg Corporation
\
,"'
,
Co
Atlantic
Boeing
Mar
7%
*
Copper Mining Co
Steel
Atchison
Apr
1.80 Apr
Feb
2c
15%
Corp.*
Co
'
Avco
5c
Mar
70c
a59% a60%
4; if?
''
1
&
'
American Tel
13
Pennsylvania Salt Mfg common
Co
Mfg
American Radiator & Stand San
American
Armco
3c
3c
1.20
4c
3%
3% ?
a33% a34%
3%
1
Corp
Allis-Chalmers
Works
Lehigh Coal & Navigation
Lehigh Valley RR
Stocks—
Alleghany
25%
610
180
Shares
4472 July
—
24% May
Jan
500
10c
1
Mng Co
Imperial Development Co
14
for Week
23%
—
•
35
40
10% July
18% Feb
Range
154
Co
Chrysler Corp
Curtis Publishing
& 15
10%
Mining StocksCons Chollar C
*
& Tel
Locomotive
Baldwin
Budd
1374 Mar
a__
Jun
Tel
American
8'44
-
49% May
of Prices
Low
100
American Stores
337a
a78 %
3% May
Feb
40
Week'*
Sale Price
^
Par
a76% a79 %
•
.
a46
Last
147a
new
Feb
30
a20% a20%
27% 27%
a9% a9%
a46 a46%
Friday
STOCKS—
117a
•
2%
38 %
Philadelphia Stock Exchange
ll3/a
,
115
111
\
15% May
9% Feb
147a
147a
72%
Jan
55
500
14
23 7a
—
—
10
(F W)
Jan
890
64
Woolworth Co
—
Feb
Apr
60%
33%
Corp
Universal Consol Oil Co
Jan
33
al77a al8 7a
3
common.__25
California
of
22%
34%
23
*
12%
1
Westinghouse Electric Corp
Willys-Overland
Motors
Inc
July
Feb
13%
335
13%
3%
45
45
al0% al0%
al0%
Jan
28
60
*
.
28%
32%
-
& Western Air Inc.....—..5
Transcon
United
_
Corporation
May
106
50c
,
cum
conv
Transamerica
26
24% May
33%
14
13%
3%
...
5
Inc
Telegraph Co
30% July
40
f> 23%
13%
10
—
14% Mar
Mar
33%
•
Calif
of
Co
preferred
B
8% Feb
749
60%
(Del)
Pictures
Bros
10
1
Inc
—
Jun
25
661
30
Co
Mar
32%
23%
—
Corp——I:
Sunray -Oil
55c
Feb
a32% a32%
•
Company,.
Feb
15%
150
26%
25
25
pfd
———
29c
579
27%
26%
25
preferred
Southern Calif Gas Co 6%
Aug
150
26%
——25
convertible
July
181
11%
25
4.88 %
May
180
Feb
500
»
22e
Jan
Feb
2,055
29%
Lines,
Western Union
12c
33c
29%
Warner
S
Jun
125
11%
26%
41% July
44%
122
26%
Corporation
Rubber
52% May
10
31c
Air
United
Feb
25
*
United
Mar
46
26%
1
—
Jun
U
28% Feb
I
5,000
172
181
33c
Southern Calif Edison Co Ltd com___25
class
170
181
1
•
Signal Petroleum Co of Calif
12c
12c
12c
4:
*
•
Apr
32%
484
50
a38% a39 %
15
L.
Signal
Union
38%
50
Co
Si
Union Oil
6%
a
Company
Security
Shell
Inc
Stores
Safeway
;
%.
•
-
•
427a May
Mar
657a Aug
257a Mar
317a
Jan
80
36
May
68
Aug
235
14
Aug
5
.
Jun
,v-; •- .31
499
237a Aug
397a Mar
r
24
Jan
30
Mar
457a
Jan
Volume
168
Number 4729
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(875)
OTHER STOCK EXCHANGES
"
RANGE FOR WEEK ENDED AUGUST
Friday
Week's
Last
STOCKS—
/'/ /./ //
.■
■/t
■■■
Johnsons & Shinkle
Key common
Knapp-Monarch
Laclede
Gas
Laclede
10%
McQuay-Norris
Wagner
Fuller
Electric
7
Aug
8'/4 May
8
Mar
10% Aug
Apr
610
V
5%
402
4%
33
28
28
19%
46
16%
345
Jan
12
19% Aug
16% Aug
Kern County Land Co
Mar
33
Leslie
Salt
Aug
Lockheed
5%
39
15
common
30%
53
--
1,060
39
30%
15%
■
5
common
5%
38%
*
common
53
Jan
Loew's'Inc
19
Jun
Marchant
15%
X
Aug
5
90
32%
100
180
'Feb
Feb
29% Mar
Jun
32
Last
/
Air
Reduction
Alaska
Alleghany
Corp
American
(Un)
Gld
Low
*
Min Co
Navigation Co
17% May
McKesson
55%
Menasco
(Un)
1
Airlines Inc
(Un)
.1.
:
:
7-
*'
Feb
Range Since January 1
•V'i ^
V'
Low
23% Mar
50
.
3>4
8
8
150
173
20% July
9y8
914
300
4% May
7% Aug
22%
100 ;•¥
2%
Feb
4% May
10
Mar
\
American
Factors Ltd. (Un)—..—.20
American
Power
Amer
Radiator
Amer
Smelting
&
&
Light
Stan
(Un)
___♦
San
(Un)
«
Refining
&
(Un)
•
Tel
American
Viscose
Corp
American
Woolen
Co
Anaconda
Copper Mining (Un)
Tel
Co
(Un)
Armour
&
Atchison
Co
(Un)
(111.)
Atlas
Avco
•
Corp
Imperial
Mfg
Bandini
&
Oil
Basin
Engine
Aircraft
(Un)
15
89%
Feb
20
Feb
California
Calif
(Un)
Co
Clorox Chemical Co
<\ Colorado Fuel & Iron
Commercial
s
Jnc
Solvents
Commonwealth
l>
'
'
/ Crown
/.
$4
Pacific
Lighting Corp
Public
Apr
42
May
Jan
15
Jan
12% Mar
Apr
37%
Jun
Gas
*
9%
30
1st preferred
Tel
5
common
Pacific
Western
(Un)
11
Apr
Feb
40%
Jun
52*
Feb
53%
Feb
53% Mar;..'--
1t,
170
.33%. July
68% May
38
Alun
Co
Dodge
Kodak
Bond
Co
&
of N J
Jan
65%
Jun
Pure
27
32%
J.50 May
Mar
Feb
62% July
23
600
20% Mar
25
19%
200
13% Mar
July
a 19%
45
17%
Apr
20% July
20% July
12%
27
10%
Feb
14% July
a22 % a22 %
30
22% Mar
Oil
Radio
Share Co
12
a
3
3%
1,750
a25% a26%
114
43
43
23%
23%
,
2%
26
100
...
a41% a41%
Equip
Plantation
Co
Machinery
General
Food
General
38% Mar
'
8
47%
25
Jun
49%
Oil
28%
99%
29%
■//
Cum
Paint
Corp
Corp
10
common
a63%
»
preferred
//
4%
preferred
Goodrich
(B
Co
4,993
Jan
&
Rubber
,
Graham-Paige Motors
Greyhound Corp
26"% Mar
91%
Feb
103% July
Socony-Vacuum
Feb
Soundvlew
4%
Feb
128% May
12% July
Hawaiian
?
Holly
Holly
Honolulu
Oil
Foods
May
1.00 Feb
9%
10
1,010
70c
500
16
16
121
12
Mar
6%
300
6
% Mar
50c
28%
130
a44%
a46
16% July
8%
265
al2% al2%
25% Mar
45
43%
15
34%
39
9%
1.60
38
350
1.65
30
1,400
16
7
7%
.f
Jan
cum
4.48%
conv
4.56%
I Idaho
(Un)
31%
46%
Jun
43%
Jun
Southern
16
a36% a37%
Jun
42%
Jun
Mar
3^ Jan
So Calif Gas Co
Maryland
Mines
Corp
Idaho Power Co
Jun
21%
Jan
Studebaker
11%
Jun
Super
Mold
84
34% Mar
46%
Company
rlnter'l
Nickel
Co
Canada
International Tel & Tel
I XL
Mining
Kaiser-Frazer
Kennecott
For
(Un)
(Un)
Co
491
31% Mar
42% May
Tide
a39%
a 63%
207
35
40%
a 64
Feb
Jun
(Un)
(4
368
51
Mar
65
Aug
17%
100
17
July
23
17% July
22
Jun
Union Carbide
Union
Sugar
Air
al7% a 17%
4
18%
277
Oil
69
Co
page 44.
45
11
-5% '
28%
..
..
26 V* May
Feb
22
10
90
29%
12%
7%
*
*"
May
May
26
42% Aug
Feb
326
8
Feb
166
7%
Feb
118
6% July
47
193
/
Jan
Aug
49% May
42% May
26%
9
Feb
8(4
29%
July
7%
Jun
15%
"
Jun
Jan
75%
Aug
5%
2,084
12%
•
9
Jun
15
11% May
Calif
34
Jan
/
Jan
32%
145
22%
Feb
35
Jun
33 %
215
31%
Feb
34%. Jun
29
29
486
>
31%.'
May
22%
Feb
31%
65
36 >A
20%
Feb
15%
Jan
15%
100
*
Apr
/
310
.
V
/
361
675
a38% >38%
'20% 20%'
37% '39(4'
—
"
54
32%
—
/>
17% Aug
-
Jun
40%
24
r
21(4
al7% al7%
'
9c
9c
<
Jan
May
48%' Jun
23% Jun
Feb
.
38%
26%
,
V
7,500
296
32%
105 *
39%
15
19%
565
> 14%
29%
32%
1,960 :
26%
26%
£/ '•#
a30a30%
26%
26%
28%
32%
Jun
Feb
23
Jun
34
May
230
10
: <
30%
Jun
25
Jan
Jan
28%
24% May
'28%
24% May
33
33%
217
32% Mar
60(4
61%
948
44
90
22
64%
a78%
a78 a797/e
Jan
29(4 July
27% Aug
'
a25% a28%
64% 64%
33
—
—
Jun
Jun
22%
450
28(4
46%
25% Mar
685
a28% a28%
—i;
—
May
Feb
28
80
23%
23%
28'A
21c
41% May
Feb
Feb
413
19%
—
'—
21
30% Mar
38%
/—
1
,
Jan
9c
10c
..
•
.
a3B% a38%
a38%
f
34
Jan
Jan
Feb
62% July
Feb
-
30%
Jun
1,000
54% Jan
73
Jun
297
69% Feb
90%
Jun
a24%
a24% a24%
16%
28% May
'
26
Feb
21
Mar
17%
17%
100
15
57%
—
57%
197
52%
Feb
66%
Jun
19%
Feb
32%
Jun
10%
Feb
13%
Jan
26(4
26
27%
826
2
11%
11%
11%
15%
5,043
5
Apr
Apr
a44% a45 %
334
75
39% Mar
3%
3%
100
3%
Feb
46% May
5% Jan
11%
11%
295
10 %
Feb
13% May
v
19
19
19%
215
434
4%
5(4
1,650
1
7%
7%
225
69
72
726
52%
14
14
225
14
a3%
a3%
50
2.05
a33% a33%
16%
,15%
,
Mar
21(4 Mar
13% July
100
30%
30%
260
13
13
7 177
61
65
3,000
10
10
2,167
a58% a59(4
113
Apr
5% Aug
10% May
Feb
78
Aug
3% July
19
Mar
5
May
1.90 Apr
30
11%
.
31% May
10% July
1,400
;
25
Mar
11% Feb
60c
Jan
8% Feb,-/
Feb/://
43
May
2.85 Jun
35
Jun
17%
Jun
32
U 8 Steel Corp
July
16% Jun
34%
cemmon—a79(4
508
21%
Feb
38% July
750
14%
Apr
20
Jan
13
—
34%
16%
13%
467
12.
Apr
3%
250
Aug
2% Mar
19
3%
13%
:——1
258
68% Mar
373
40
a76% a79%
40
1
10%
10%
11%
10%
10%
10%
460
100
288
288
288
19
(Un)——1
1.00
95c
1.00
/
475
1,936
Victor
Equipment
Bros
Co
Pictures
(Un)
5
Wells Fargo Bank & U T
Westates Petroleum com
Preferred (Un)
:
42% July
39% July
241
34
16
—
....——10
(Un)
40
40
841
7%
3% May
82% July
Aug
45% July
Feb
11%
14
10 % July
275
.
-
31c
4%
301
Apr
Mar
•
1.80
Jun
May
Jan
Jur.
10
Jun
17%
Feb
Aug
7
7%
(Un)—.——5
16
16
17%
West Indies Sugar common -.——-1
23
23
23
a7%
a7%
60
17%
17(4
a20% a20(/2
175
16
Mar
22(4 Mav
123
19
Mar
24% May
25% Feb
West Coast
Life
——
Insur
Western Air Lines Inc
Western
(Un)
1
1
Stores
Western Union Teleg (Un)
Westinghouse Elec Corp (Un)
Department
50c
*
92c
Jun
15
Jan
Yellow
Cab
Preferred
Co
7
—
—
a20%
1
common—
3-*
8(4
25
13%
Jan
100
19%
Feb
27%
a9%
46%
—
/
.
110
.
27%
235
a9%
46(4
12%
Willys-Overland Motors (Un)
1
Wooiworth (F W) (Un)————10
59% July
a40% a41%
&41%
25
com
Inc
Lines
...
Universal Consolidated Oil———10
Warner
Jun
7
875
11%
22
Feb
1.60 Jan
.
———--12%
a45(4
1.90
46
10%
33 %
—
(Un)——.*
& Carbon
of
United
10
28
Feb
Jan
United Corp of Del
61
11% May
Feb
55% Feb H
89
10
Oil com
Jan
•
10
5%
:/
100
...25
-1
10
Corp
Transcontinental & West Air
Jun
1
Corp
see
Ass'd
Water
72%
.
(Un)
Transamerica
a40
55
*
-
(Un).—.—25
20%
•
5% May
8% Mar
17
285
•
(Un)
Feb
•
365
42%
———25
Corp
Feb
P2
Copper Corp
footnotes
Corp
15%
1.90
Apr
May
»•
Jun
66
a33%
—
Oil Co of N J
Standard
53
20
18%
12
35%
pfd series A———25
50
33 (4c
18%
42%
25
-,-25
25
Pacific Co
95
(Un)—1
61
18%
35%
Corp
1
Standard Oil Co of Calif..—..——*
a39% a39%
-
Independent Exploration
Jun
146%
V
22
555
42%
Sperry
Feb
69%
~~
/
100
'86/
23
Apr
Feb
a57% a57%
1
104%
/ Feb
4JA Feb
35%
(Un)..*
—
preferred
"
6.66%
Feb
Aug
49
400
.
—•
_•
15
5
(Un)
(Un)
preferred
5% Mar
•
—
Jun
a657/8 a67%
•
preferred
pfd
4.88%
Mar
1.05 Apr
14%
•
•
May
*
a67'/a
P 10
Calif Edison Co com
Southern
510
50
X
1
Corp
Inc.
Corp
Hunt
;I Hupp
'
Pineapple Co Ltd
Development
Oil Co (Un)
Jun
16
58% July
-ii.
Oil
II
3
26
22
1
Pulp Co
1
-
/
Feb
15
•
(Un)
(Un)
137
Aug •••"
.•
U^ion Oil-
103%
18%
*
90
136
;-4;/
9% '
9%
21(4
*
(Un)
10
..
•
100
—
F)
!■/ Goodyear Tire
•
common
:
129
22%
..
8' '
411
17%
21
*
State Co Ltd
55% July
*'
Feb
•22% Mar
/
136
a23% a23%
23
Riverside Cement Co class A! (Un)
Union
Golden
50
July
Apr
1,113
16
a40
Jan
97%
a48V8 a48%
4%
4%
37%
101%
a
38
a39(4
:
Apr
32
Mar
12%
;•
Jun
'
*
47
115
370
130
—
•
105% 110%
28%
*
359
430
16
a24% a247/8
--
1 1
Corp
Sinclair Oil Corp
(Un)
35%
Mar
29% Mar
Jan
12.
Richfield
Jun
(Un)
53
16
Jan
6% May
36%
41
July
34%
Co
53
Feb
33
728
;
rl36rl36%
a48%
Co..i———I
Shell
a36%
2,133
30%
96%
Republic Steel Corp (Un)
•
Reynolds Tobacco "B" (Un)14——10
Jan
1
43%
10
34
33%
30%
4%
30% Mar
110
Rheem Manufacturing
13
7(4
2,022
v
500
May
48
385 7 £21/ Mar
6%
-
3,061
12
12%
38
9% May
Corp
Motors
General
l
Corp
Electric
General
Radio.
5%
34%
25
160
20
&
5(4
34 %
__
100
Texas
Tele
Jan
'
a54% a55%
com
Preferred
10%
1.65
Jun
10 %
27%
a55%
3% May
Feb
Mar
70c
1
Corp Ltd
41%
4% Aug
*
Preferred
10%
♦
Food
Realty
&
10%
al2%
Jan
Feb r/
Aug
360
__
100
Corp of America (Un).^
(Un)
Jun
16
5
Emporium Capwell Co
Farnsworth
_•
Radio Keith Orpheum
Railway
10%
a44%
17%
5%
-
50
——
7%
•
Eureka
Ewa
(Un)..
Co
375
10
Jun
Jun //
>10
27% May
10
15
(Un)
(Un)_.^
July
27
4%
conv prior pfd
7.50
11
Pioneer.Mill Co -(Un)i-——-2^
*
29%
44%
Apr
Cum
Dominguez Oil Fields Co (Un)
11 Dow Chemical Co common—
69
Feb
5
Pig'n Whistle
37% Aug /
•
-
Aug
Feb
17%
•
54
68c
7%
5
85 i
r-
32%
1,450
,90.
r
18% May
88
Aug
Mar
67 / Mar
Jun
17
1
25
Corp
55
2
com
16
63
Feb
73
20
88
84
-
9%
25
■
13% May
„
Feb
155
33%
(Un)
Phillips Petroleum CO
Phelps
4.32%
Electric
(Un)—
Pennsylvania RR Co
Pepsi Cola Co (Un)
7%
1
12%
15
;///■ 27
193
(Un)—9%
Safeway Stores Inc
San
Maurlcio
Mining
Sears, Roebuck & Co
29%
130
:
5%
—
Corp
10
Packard Motor Co com (Un)—.....*
16% Mar
101
Jan
12
36%
34
Oil
9% Aug
110%
8%
12
5%
—100
—
—
150
*
Di Giorgio Fruit Corp cl B
Doernbecher Mfg Co
Eastman
& Tel com
Preferred
9%
♦
Corp
f? Cypress Abbey
"
18% July
'
Pacific
714
1
11%
Feb
36%
:
—.........
9%
,__1
10% Aug
12%
Jun
Feb
23
;
a41%
110
340
95
30%
.
(Un)_100
pfd
543
1
(Un)
Corp
&
<Un)—15
10%
17%
11(4
.
com.....
38%
3(4
Aircraft-
6% May
Jan
10%
a22% a22%
—*
common.
Cement
Service
38(4
:■
22% May
Apr
34%
;
25
—
a58% a59%
*
6%
Jan
9
18% Mar
256
Jun
13 % July
Feb
11%
25
-
Puget Sound Pulp & Timber
Pullman Inc (Un)
a22%
preferred
Curtiss-Wright
t'i
preferred
1st preferred
9,340
a
A
/
Jun
21%
Mar
5%
5%
5
1.25
al9%
preferred—
2nd
1st
Portland
28
62
a34 a35%
al9%
of Amer Inc common
Zellerbach
$4.20
class
375
.
Jun
-
Jun
al2%
Co of N Y (Un)
Vultee
Continental Motors
Creameries
Ind
6
5%
.
25
com
1.00
a26%
191/2
8%
200
'
Feb
36%
.
_15
.....
Aggregates
Electric
Pacific
*
Natural
:<■} Consolidated
U
&
Pacific
'
Chemical
Consolidated
5%%
19%
•
225
"
a6%
59
11%
.20
24%
a51% a53%
25
15% Mar
84
a22%.
•
(Un)..
16% Mar
»
£
200
87
\
—
__
20
-
50
•
(Un)
17%
May
20
12%
—
Paraffine Companies common
•
Paramount Pictures (Un).1
23
•
-
£ Consolidated Edison
>.
6%
May
7%
(Un)
Pan American Airways
*
(Un)
& Southern
65
14%
a!5% al5%
s
—
"
Jun
51c
48% Mar
/.
12
(Un) —..100
Jan
38(4
(Un)
Commonwealth Edisoh*
Consolidated
May
7
16% July
Aug
39c
17%
__
10
Rayonier Incorp common
System
/,
17%
100
Jun
20
Gas
25c
Jan
3 % Mar
,
141
ig3/8
:/
—100
—...
Cons
Oil
Jun
34%
Jan
Mar
265
a6%
100
Apr
a54% a55%
10
19%
1
com.'—..
Mar
1.15
18c
17%
<
(Un)—10
41 %
1.00
3(4
Preferred
(Un)
common
31
17%
11%
11%
—'/"v v7%\ 7(4
•
Jan
a35%
common
9
Feb
6% Feb
45
a59
a54% a55%
—
^ 1
»
41%
53
25
/
m;
•
30
53
2.50
Service
(Un)
a41
50
.
Coast
Gas
Jun
20
Chesapeake & Ohio Ry (Un)
Pac
11%
176
f i Chrysler Corp
Pacific
May
30% Mar
25c
60
17%
Corp.—1
4%
35%
a55%
Jan
985
a32% a32%
a55%
.
5
29 %
10%
*
17%
/
15%
10,600
Feb
35%
1
Jun
13% Mar
15
29c
Feb
10%
•
July
19%
28c
♦
3
10 %
Tractor Co
Celanese Corp of America
Eureka Mining Co
40
Aug
4,050
23
35"%
Caterpillar
Feb
15
2,218
60
•
Central
35
80
28c
2,963
*
;
15
2.00
18,448
a40 %
2(4
38
25c
16
A
Preferred
Columbia
13
May
2.00
3%
4%
a23% a23%
4%
a23%
May
31
15 %'
a22% a22%
1
20
Mar
—
(Un)
40%
145
24%
Jan
24
38
1
Paahau Sugar Plantation
24
Feb
Co
July
9
Feb
16
al4% al4%
v/—
1
Invest
Sugar Co
360
50
16
Oil
Mar
230
115
a35% a36(4
a36
5
class
15
10%
a
Corp common
Packing
Cities
15
May
114% May
'
4% Aug
40
al0%
«
10%
100
60
15
15
Tile
200
a38% a38%
2
Art
4%
310
1
(Un)
6
600
305
5
(Un)
980
7
310
Jan
Aug
6%
al4% al5%
4%
4%
al5%
100
Holdings Corp (Un)
Boeing Airplane Co (Un)
s
Feb
6%
14
100
352
*
28c
.
Sugar Co Ltd
76
__
192
17
27%
£./ /ii.,// ,..j•;.v
Oahu
a21% a2174
,
Sullivan
31
6
23%
8%
Jun
57% Aug
Mar
15
6
Apr
2.00
(Un)
Northern Pacific Railway
11% Mar
(Un)
&
70
Feb
May
30
100
A
(Un)
155
al2% al2%
all7% all8%
__
10%
17
10
—
Onomea
2.50
Feb
23%
/
100
Aviation
American
Ohio
__
145
1
(Un)
preferred
preferred
40 % May
Blair
Hill
6%
32%
__
Jan
9%
18
5(4%
28 % May
Bishop Oil Co
Bunker
Jun
450
1
N
50%
35%
1
Prod
Service
American
North
1,341
20c
Borden Co
67
37
Lines
American
29
Corp
Bethlehem Steel
North
36%
3
com
75
641
(Un)
Natomas Company
N Y Central RR (Un)
36%
5
Oil
Beech
/
'
16% May
Jan
Linen
28%
(Un)
Co
Jun
12% Mar
143 % Mar
1,212
Feb
Jan
11%
Feb
Nat'i
II
(Un)____100
Inc
Lode
North American Co
27
51%
.
42'
32
27
(Un)
Fibres
Auto
City
28%
5
Diesel
California
% Barnsdall
_
Mother
Distillers
50
Petroleum
of
•
87
...
•
'
Cons
National
20
(Un)
Baltimore & Ohio RR
Bank
145
a60
153% 154%
a677/8 a68%
543/4
547/8
a68%
.*
(Un)
Corp
a59%
154%
14
(Un)
Top & Santa Fe
Atlas
al5 al5%
a60
100
Anglo California National Bank
|
al5%
7
Jan
35%
*
(Un)
Robbins
&
National
North
American
&
/
914
Apr
Aug
25
9%
High
26% May
3% May
3(4
8
51
—
1
Mfg Co
& M & M
National
60
July
20
•■//.;„
(Un)
Montgomery Ward & Co
Morrison-Knudsen
Co
22%
l
—.
High
44
352
5;;.
Co
Nash-Kelvinator Corp
Shares
'
a22% a22%
a3%
a3%
__
10
High
155
24%
35
1
;
Matson
Feb
for Week
of Prices
Corp
Bancorporation
Feb
Sales
Range
Par
4
Co
Juneau
Low
a46
24%
35
7
(Un)
(Glen L)
13
Exchange
Week's
& Libby—:
Martin
Mindanao
Sale Price
Range Since January 1
High
a45%
__
10
Calculating Machine
48
75
San Francisco Stock
STOCKS—
Shares
42% May
M J
Friday
Low
-
—
—_;—*
Co
Aircraft
23%
,
5
;
Langendorf United Bk "B"
Marine
50
/
of Prices
6% May
10%
19%
.
&
50
5%
—
•
Investment
Stix-Baer
'■?//
Par
Sales
for Week
Range
Sale Price
High
/
/,/ lOVa
10
Cement——.25
Co
&
Low
9% Aug
33
St Louis Pub Serv class A—_
Securities
/
50
Libby McNeill
common
Portland
:■
" Week's
Last
9%
10%
5%
Friday
STOCKS—
Range Since Janoary 1
High
7
common
Sears Roebuck
Shares
9%
V.;'
common
/V. /./. //■■'
for week
LOW
•
common
Steel
Missouri
.;/'/■/ /
common
Sales
Range
of Prices
Sale Price
27
a9%
46%
41
255
8%
8(4
■l'/r 725
25(4
25%
60
7%
8%
Apr
Feb
45 %
Aug
8% Aug
24
May
1
24% May
10% May
33%
Jun
11% May
49
Jun
11
Jan
27 J/4
Feb
39
&
COMMERCIAL
THE
(876)
40
LISTED
CANADIAN
RANGE
,
MARKETS
WEEK ENDED AUGUST 27
FOR
Monday, August 30, 1948
CHRONICLE.
FINANCIAL
,
.
Last
Exchange
Friday
$1.50 preferred
$2.50 preferred
Acadia-Altantic
—
Shoe
Agnew-Surpass
..
Algoma Steel
Aluminium Ltd
of
Co
Aluminum
pfd..
Can
25
45%
45%
"1%
Tel
Bell
21%
Trac
&
Light
American
3%%
Oil
British Columbia
British
Col
Bruck
4%
Power
3%
•
:
*
"A"
Jan
New
30
1%
61
68 Ve
Jan
160
July
1743/4
Feb
10
Jan
19
16% Mar
;
20%
Feb
25
75
24
Jan
Lawrence
907/a
55
90% Aug
New
31>
1st
21
Feb
36
July
28%
Feb
36
July
7%
Feb
87/a May
597
14% Mar
22
May
28%
745
27
Jan
30
Aug
9%
9%
165
9
Mar
11
Jan
288
11
Mar
100
35% Mar
Canadian Breweries
Canners
41%
".20
"25
....
38%
«
'
34
Feb
44% May
20
Aug?
21
715
113
15
77
58
38%
{
Jun
Jun
90
Feb
July
180.
35 % Mar
12%
26 % Mar
36
V
•
Locomotive
12%
12%
705
10
Mar
14 Vs May
123/e
70
10
Mar
13%
Apr
20% Mar
30
Pacific
12% Mar
Feb
21'A May
16% Aug
91% Mar
22%
223/4
173/4
Cockshutt
25
17%
17%
2,057
Plow
15%
Mining
Consumers Glass
Si Smelting.
210
15%
114/ 1151
115
10
,1 35;
34% 34%
Leather
Co
Ltd
class
B
Distillers Seagrams
V
Dominion
Foundries
Dominion
Glass
Dominion
Steel
Dominion
Mar
D% Feb
•
%
10% Mar
16%
145
35% Mar
43
Jan
26 V2
150
25% Aug
27
Aug
143/4
; 14 %
14%
l,47o
12
Aug
15
Aug
129% 130%
920
109
Mar
134
July
80
Aug
81
80
8IV2
820
43%
43%
43%
1,000
220.
16% Mar
22%
22s/8
47%
225
25%
227
27
Feb
20
20%
207
16
Feb
50
Breweries
155
155
•
common
25%
25%
100
23
Feb
28
15%
34%
100
30
Feb
38
506
14
Feb
\
United
Steel
Redeemable
16%
Ltd
23
23%'
23
1
17%
o7/a
550
83%
83%
79
79%
135
81V*
155
/
'-'d
-
,
Wabasso
120
23
7VB.
;•
7%
18%
Famous
160
16%
5%
Lcllers
preferred'.'.
Limited ^6 %
90
1
19
101'
•
;
Lime
&
26%
3
99
i
24
17% Aug
100
20% Fefr
10"
96 /
25
„
20
22
27
36
:
Howard Smith Paper common
$2
,
Hudson Bay Mining Si Smelting
Imperial
///
Toronto
—.——10
rl*
•"''
1
t
Oil
Ltd
25
International
6%
Bronze
CO'
preferred
25
32% Aug
33
Jan
50 / Jan
50
Jan
23V* Mar
International Nickel of Canada
International
Paper
•
19
common..
International
Petroleum
International
:
Week's
Last
-
,>
;
r
Sales
" Banjo"
^
for Week
Feb
Acme
Glove Works
11
Feb
13% May
Atlas
Steel
18%
17
150
16% Mar
•••/.: is-
19% May
18 % May
18% May
24% Jan
14% Mar
16%
260
213/4
35
19
Mar
183/4
325
18
Aug
15% Mar
7 73 "
104%
110
15%
15
102'
350
13
;20
Jan
108 *
Jan
17
Apr
Mat.
8'%
7; "375
6 Va
34%
125
23 y*
47
-*;'10%"
12%
v'1 y-
./V,. " Jf,
'$}■
1'
■
$
• -
:•//—
K' »
4d HT G) 'i—*
Columbia Packers Ltd cl B—*
Co Ltd pfd.100
Preferred.
9% May"
35
•
■
13
51%
153/4
1.35
14
2,770
1.25
34,757 '
13
,
13 V*
25 Va
223/4
23 Va
30
30
Cahadav
Hosiery Co Ltd
22%
Co
Canada Starch Co,
Canadian Food
14
Jan
Canadian
Labatt
Lake
1%
Public
Ser
Limited
of
the
Ltd
John;
Woods
preferred
!
com
,,
22% Aug,
23% Aug
22
9%.
__
23
25
9%
23
100
■7 77/
/
36%
35%
66
36%
Jan
34
Jun
^
9% Feb
13
63%
13%
13%
13%
12%
-12%
•
•
common
100
;
...
Laura
Secord
/
...
12
24
/ / 27
Jan
21
Mar,/
ii;/
1,978
46
Mar
Mar
39%'Jun-
29% Mar /
70% Jun.
3,350
11 '
13
1,755
10% Mar
13% Jun
12
77/25
11% Mar
14 "
Jan
;/
16 V»
,.
■
Lindsay (C W)
3
'
7 7
25%
Class
28
25
27
Feb
32%
Jan^.
160
10
159
Feb
160 %
24
24
19%
14%
23
50
Mar
.
14%
10
14%
16
'
'.
,
12 i
75
16
Jan
>■
10%
10%
100
.7
:
9
;
Feb
8%
7%
8%
1,895
5
._
-
•
20%
21 %
1,256
16
Mar
McColl-Frontenac Oil
12%
12%
127/8
2,340
20/
20
•
Breweries
Montreal
Ltd
»
Locomotive
National Steel
Wire
<
„
Car
Corp
Weaving
Ogllvie Flour Mills
Steel
Ottawa
Electric
Ottawa
L H
35
18
•
38
•
16
8% Aug
132
,
6Va
see
200
35
34
185
14
78 V2 Mar
6 3/4
Aug
7Va Aug
195
113/4
Feb
14 V* May
-12
12%
«
115
37
Mar
23%
270
23
23
48%
43
'
•
44%
page
44.
Jun
v
19
40
9%
6.
5
100
9%
,.Jun
100
i
>rllc
100
Jun
8% Mar.
25
20 V*
Feb
15%
565
'
100
14
■
80
il2%
713
Feb
19% Mar
340?;
22
•
24%
Mar
39 %
8
Jun
Jan V
Jun
12% Jun
Jun
7
"
'16'/*' 1&V4
Pr
—
.100
—
Co
Jan
Jun
35 «/■
'50
2'/a
35 Vs
—1
35Vs
Vickers;7%
2% '
preferred—100
Canadian
"10
1.45 Feb
3
July
16
1.50 "Apn
:2%
May'
Canadian
4
7::
150'
150
CoiU—«J'.:
Westinghouse Company/—*
Lumber
Western
2
2
Inv Ltd corn..♦
2
130
35
150
^4%//4%7
Va
38"
>
Jun
4% May
49% Aug
Feb;
15
"100 "
49Va ' 49%' ^
167
Feb
3% Apt.
1,660
"
Products*5&: pfd/./—15
Catelll,Food'
Ltd
Prod
Steel
7/15.
Jan
—*
;
*
7
30c
15
Jan.
5
7% May
8
Jun
200
7% Mar
10
Apr
Apr
46% Apr
50c1
Jan
.65
7
8
93^ ;
93/4'
25
15
8
____10
pfd
Ltd/^.
Wines
Chateau-Gal
Claude
Adv
Gen
Neon
common:.,
g3/4-
.
30c
..100
Preferred
Alcohols
Ltd
•6%:
ft
110
,
7%
Auk
7% Aug
7 8% July
33/* Feb
4,006
6% Apr
60"
8%; "8%,
•
30C
200
30c
7/65!/
65
■
7%
common—*
8% i preferred:
Div Standard Sec
Consolidated
Lithograph
pfd—•
Mfg
Co.—•
"15
16/16
>
27%
28
Consolidated
Textile
/
-28
*
19%
Paper Corp- --Ltd.y 19%»
16-
.>175
-
19%
16Va Feb
Jun
20-
-
-Jan.
28
./
•
5%
preferred
Cub
David
38
May
18% May
./;•
Aircraft
& Fiere
Mills
com__*
Ltd
.20
i...
Corp
r
7
-:V;
..
v
-
.
//
*
Ltd
;*7.,.-507.-- 9
F6b
29/:/ 29
25
16May
718/.:/18/,/.
40c / 40c
500—~"40e- Aug
-
'
;
•
32-
32
*
,
30
297
Oilcloth Si
' May
Dominion
Square
Dominion
Woollens
18
Mar
26
23
May
25%
43
Mar
52
24%
376
24
Aug
16
Mar
25
Jan
17%
5
44
44%
1,730
19%
19%
74
/'
—
15% Feb
v
i—.—*
"B"
Dominion
727
30
Class
-
Jan
May
'
»'/>•/..
■
Donnacona
Linoleum.—
Corp
Si
Feb-
95c
Jan
Jan
Eastern
44 %
Aug
Fanny
21
Jun
Fleet Manufacturing Ltd
Farmer Candy
55
Ltd
Shops
Inc
10
8% /
8 V*
1.00/
1.00
1
*
2%
40- :
33
-
20
July-
18% Jun
/
Jan
23% May
6% Mar
75
100
/
Jun
55/
Feb
103/4 Mar
365
,
39%
Feb
37 V*
•
Jun
43% May
' 33
,
125
21
21
*
Fairchild Aircraft Ltd
Products
21
5
28% May
18 % May
60
30
-
11
6% Feb
Va Feb
2
.
41
36 %
15%- 15%,
*
•
10
10.
36%
55
i
I—*
—
Worsteds;
Paper Co Ltd
Steel
*
>
41
Dominion Engineering Works Ltd——*
Aug
18%/Aug
32 1
.
Limitee .,*A,*-wJ~«;--50
Jan
45
48%
23
Mar
21% May
14% Mar
4,917
July
July
21% Mav
Mar
726
24
common.
Jan
258
"
Sf Paper
16 Ve May
'1 Feb
15%
17%
Rwys
Apr
300
v*
'.
Pr
Consolidated
87/8 Aug
Feb
38
,
23
common
Power
For footnotes
:;/7/5/:/
37
•
Products
Si
"Aug
3% Mar
i
<}\A
9%
Canadian
Aug
<
23
9% Mar
15%
_*
*
Noranda Mines Ltd
Ontario
•
•
National Breweries common.—.—.
Niagara
'/J
,
■
£■* 7%-.-7%
-
Products Ltd com.
Canadian Marconi Co
Apr
11
Mar
21%
Molson
163
s
14% Mar
Massey-Harrls
Mitchell <Robert)
8%
13%
/:
..100
Si
Lt
Canadian
Apr
21% May
17% Jan
13 % Mar
750
16
16
16% Mar
110
20
14%
14%
10%
B
V* Mar
16$
Aug
2.G60
•
Consolidated
MacMlllan Export class A—
4
1
Jan
23
Jun
28
160
•
•
common
75
16%
Jun
160
728/://
*
1.
Lewis Bros Ltd
Jan
4%V/4%
;
;v -/l.._
,V
Gen> Investments Ltd^:
Commercial
Lang & Sons Ltd (John A)__.
Aug;
22
Jan
v
,
c;
2,297 *
66
«
...
13
10
/.
23
{
c%
_
5
Ltd common..
105
Jun
6% Jan
.
i 6% ^7% "
••
111%
1
preferred
7,%
Jun
Chatco
Jamaica
7.-
*
■'
5
Lta
».
'Mar
108V*lllVa
4%
—1
^..100.
j
4
Jun
133/a
7.
25% May
24% Mar
1,050
•'.. ■*-
'•-
Sugar^.—U —•
& '• Dominion
25
>
'
.
1.95
1.25 July
Jan
30
'!
,
8%
V;163
Ltd
Butterfly
19% May.
Mar
i.
July
53% Jun
.
7 12-
315
25%
;
43% Jan
848
'5%
23" /
1
May
,
49
Mar
»Mar
13%" 133/4
" v'-V
'
'
British Col Pulp & Pap
common
High
12%
Jan
10
"ICO"
12%
._t/;:-.5%'
4:/'
Bright & Co
Brown Company
V
9
1,235
10%
12%
•
-
of VancouvLtd.5
Distillers
&
17..'.
L
Paper Co Ltd "B"_*
Bathurst Power Si.
Brewers
*
*
Ltd..'.
Limited.
'
Feb
10%
•
May
Feb
44
40
Low
LowHigh
Jan
110
Apr
107%
5
u"
/
Bacge Since January 1
Shares
of Prieea
Sale Price
'STOCK8—
20
•
Utilities Corp
25% Jan
-
;:-///••
Friday
Canadian
,
Feb
33% Aug
$3,000
50
Canadian Foods
50
15%
1.30
*
common
37%
745
1,655
"4o0
:
34
Montreal Curb Market
1,910
50%
15%
.
100
Jan
Jan:
23
28Jan>
FeD
f
Canadian Industries common
Indust Acceptance Corp new com
Intercolonial Coal common
,21%
'
21% July
350
25
'
34
Power—
——..1949
&
2>% " notes
12
8%
-
51
•
May/,
:
Light "Heat
-
Rights
Imperial Tobacco of Canada common_5
4 % preferred
25
29',
.
BONDS—
213/4
47
00 7<
VV.!
•
Aug /
99 "
•
Jun/
535
36 '
24%
;
27% May"
Mar
34%
;"
50
*
Jan
July
*
24%
34
27% May
22% July
110
<yi
•
preferred
Jan
20
140
r"
21
] 34%
Royal
i
20
-223/4
{•■
V.
.
23
104%
/v;'5
may
*
.
27% Aug
'
v
21
23
./
*
i
.10
22% Mar
is
*
Bridge
Feb
96
Jun
31% May
Mar
45
'
99
'
T
223/4
-
-.J~
Montreal
200,
'
V
Montreal
Burnett
Hamilton
Jun "
22.
101
69% Mar'
.
27%
■
"■
—10
10
16 V*
18
100
Alabastlne
Jan
8% May
Feb
120
26%
{ 27%.27%
■QommercSf„•
British
Gypsum
'
165
;
Jan'
21"
3
;>
/ 19
•
263/4
•
100
pfd—,—........25
-i—
75
213/4
100
Apr
Jun
■
Mar
,
90
-
26%
Banks—
253/4
17
•.
—
('
Mar
5
6
101
:*i
90
•
*
Winnipeg Electric common
26%
18%
'• i
5% preferred
5%% preferred
I
375
,-
21%
21%
;101
Jan
26%
Mac
'■
Eddy Paper Co class A preferred— —20
Electrolux Corp
1
common
.
Vi9
160 % 160%
160%
*
Walker Oooderham & Worts
_i__
•
Power
.•;
■
21%
Gatlneau
80
82
Mar
V / "
Jan
97
83%Aug
67;:,, Jan
72
V
.L—
:
.-100
i;'
•
v
\
\
; ( /.,:v ■. • Jl 1.T—^
*
•11%
11%
Players Canada Corp..
Jun
8% May
'
*
25'/a
.23 Va
common
Foundation Co of Canada
May
534 Mar
40
i
Jun
21
Feb
63/i
-
20
;
Feb
16 %
.
cofnmon '*■
preferred
"•••;
80
25
'
Jun
101 %
18%
79
*
25
26%
25%
preferred
Textile
"
May
.15
Apr
18%
]
63/4
16%
11% Mar
98
18%
100
common
Cojp
Biscuit
5c/o
20
;
..
*
") •\ \ *
Tuckett Tobacco, 7%' preferred.'....100
M
225
>780%
..
19% May'
v
Domion Tar & Chemical common-
Dominion
%
^ Jun.
3.55
.
Mar
12
330
15%
Jun
16%/16%
27
Feb:
144
Jun
July
Apr
49
.
Mar.
22,
18%
•
preferredA
16
15
Jan
34
44V* Mar
.
7/
155
100% 100 %
—...—*
Power
33% May
213/4 Jun
-25'
—
Aug
23%
20% Mar
2,057
47%
•
certificates
Aug
44
22% May
29
•••'
trust
85/
40% Aug
•
Voting
Jan
42%
JaiLt
25%
*
Coal class B_.
55
26%
of.
Steel Co of Canada
37% May
20%'
...
common
&
Stores
1
Si Steel
11
/ 42 %
99
1
'
■•"i-'H/.
-;•// V>
•
33
25
Jan
18
"25
preferred
viJr-
'
t
38 %
283/4
/
29
Dominion Coal 6 %
Mac
35
93/4?/
93/4
22
13
_
Dominion /Bridge
•
25
35
r
Crown Cork & Seal Co
Davis
1,134
Mar
99% Aug
25%
f
Consolidated
101
23;
22%
1213/4 Jun
22%
—
Railway
14% May
Mar
99%
26%
'Nova Scotia
Canadian
12
115
a
July-
10%
Jan
225
'14
Jan
113
10%
May
12%
Canadian
15% Mar
25%
Canadienne
class
270
14
10 n
Standard Chemical common
5%
preferred/..;
—
....
39 % July
10
39
30%
•
Class B
pfd
Wilsils Ltd
18 %
Mar
-
is
May
15
9% Mar
...
82%
3C%
i
Jan
15
82
82
23%
17% Mar
42
13
July
13 Va
Feb
99%
Voting trust $ectificates<
Simpson Ltd 4%%> preferred——.100
Jun
/. .20
.
Jan
100
10%
'
14% May
42
2,571
95
16% ,.16%
•.
I1'
Alcohol
20
;
21%
12%
Foreign Investment
Ind
20%
20
series
Canadian
21%
*
Canadian Celanese common
$1.75
12%
37%
Ltd
Canadian Car & Foundry common.
Class A
Canadian
12%
37%
•
....
Canadian Bronze common
Canadian
12%
68
93 % Mar
•
50
Canada
21%
37%
54% Mar
25
100
50
49
t
Press Co
50
-7
441
12j/4
Canada/com..*
7% - preferred/...—-——
^.100
Williams,
Southam
280
33%
60%
99 %
•
com
Shawinlgan Water St Power com
Series A 4%
prefexred
Sherwin
Southern
28%
50
—
old
preferred
preferred
Apr
145
-V:
7%
2% Mar
Aug
May
1
Ltd
Corp
preferred
2nd
Vlau
preferred
.
3% May
27
Feb
24%
75
200
Jan
4% May
21%
"9%
Canada Steamship. commenw.M...Ma'
5%
2nd
New
May
963/4
2% Mar
1,225
33/4
3%
17
60
•
—100
common
preferred
1st preferred
1%
21%
Paper
27 % May
7%
•
.
345
33
j 33
20
Corp.
23
26
45 V*
Feb
Jun
22% May
26
3%
Feb
11
■
Jun
12%
; 16%
St Lawrence Paper 6%
Jan"
22
Mar
17
330
May
99%
7
—
...
preferred
New
521
37
175
,
Jan
30
29% May
17% Mar
1,710
31
..
•
preferred
St
Jun
66
Mar
24% Mar
18
,
3%
*
Canada Cement common
Power
Feb
20
26
3%
• ?
Building Products
Burrard Dry Dock Co Ltd class A
>
26
*
Mills
$1.30
49
907/a
S07/s
•
Corp Class A
Canada Northern
July
53/i Mar
\%
Sicks
pfd__100
1
Class B
45
223/4
Forest Products
British Columbia
Apr
26
29
Co
25%
5
19%
common
Elec
Feb
80
■
18
preferred
conv
24
135
26
168% 170
19%
Power
British Amer Bank Note Co.—
British
Jun
21%
21
170
10
Telephone
Brazilian
Apl
65 %
76%. 76%
pfd
Teleg
&
Bathurst Power & Paper class
Rolland
56%
Feb
42
35c
v
Jan
9
7% Mar
33% Mar
290
6%
63/4
35c
26
26
7/
Transport
Quebec Power.
24
25
15 %
60%
7o"o
preferred
70
25
50
•
4%
43
90
44%
15%
101% July
Jan
100
44%
/■';
67
.18%
225
23%
Mar
.'63
10
v
23
15%:
:
commonT/,
Price Bros & Co Ltd
Apr
505
60%
Corp
Associated
39
25
.
45
60
Warrants
Asbestos
21% May
36% Mar
•'
•
^
64
'
Provincial
8
443%
60
29
pfd
Can
Tel Co 4%%
Argus Corp Ltd common
Anglo
8 7/
193/4 May
17% Mar
175
—
*
C4
High
Low
■High
'■'!
•
00—
Corp of Canada
Bangs Since Jsnaary 1
Shares
•
23
....
Low
/•
64
for Week
Range
of Prices
'7
■/■'"■"•
J-
•
Development
Power
885
12
Par
/
com
Powell Kivex
HiQii
7
12% Mar
1,481
17
4434
*
—
Raogs Sines January 1
LOW
101% 101%
pfd—.100
♦
—•
5%
Sugar
Placer
High
20%, 20'A
37%
37%
,•
—
:•
Penmans Ltd
Shares
of Prices
16%
•
20
-20
Paper common
*
•
for Week
Range
Low
Par
,
Abitibi Power Si
//
Sale Price
stocks—
Sale*
Week's
Last
;
7/
■■■J
Sale Pries
STOCKS—
Canadian Funds
Sales
Week's
Friday
Montreal Stock
10Va May
80c
2 Vs
Mar
40
25
36% Mar
2Ve
500
2% Mar
49
<•'
3V4
Jan
Jan
Jan
168 ' Number 4729
Volume
THE
COMMERCIAL
-
&
■
-
■
■
■
FINANCIAL
-
-
CHRONICLE
(877)
—'--
.
I
CANADIAN
0'0.'
Friday!
Last
•
STOCKS—
■
1
.
Ford
Motor
Fraser
Co
-'-'V
A
'
lita
\
1
l ?■
b6
!"•''
Paper Co
Hyaro-Eiearic
Ltd
53
60
I.
',■);•/.
::7,
■
'■&■■■
'
-.v
Friday
.0,
Week's
Jan
42%
1,079
0
Feb
7ff'
Par
;
27
Jun
Anglo-Huronlan
62
.,1
JUn
Anglo
*
,1
8% Aug
840
16Feb
10a
2%
10%
10
26%
Shares
Low
,
Rouyn
8.85
1
Mines
30c
Consol
20 y4
30'
Jan
8%
Apr
26'/4
4
Aug
(Alfred)
Lowney
Co
MacLaren
Mia pie
Inc__i
Resources
Ltd
(Walter
Power
6c
MIL---
Paper
00
* !;>•
Co
Oil
150
17%
Leaf Milling Co Ltd
McCoil-Frontenao
10
9
475
40 %
14%
.
l
4 Vic
5c
!"
Jan
12%
•'
Argus Corp common.
Apr
Feb
10 y2
Jan
36 r
300
:
98
-
13c
13c
1,000
•
Warrants
67/8
67/s
45c
9b
•
.
Moore
&
Ontario
Corporation
Enterprises
Nuclear
Orange
Crush
5-
Paper-Co_'_
Ltd
5
y
13 %
Feb
93
98
"13
13
°
6
20
'
145
16
Feb
-
Service Stores Ltd—
Power Ccrp of
Canada G%
1st pfd„100
6%
N C part 2nd preierred
Quebec Telephone Corp*"A"_l_i
Kuseeil
inaustrieB
110
Feb
75%
10V2
11
*
Lea
\
1,075
13 '
7
Canada- Pt
Southmont'
Standard
Invest
Clay
(J
Co
20
107 '
May
10%
May
£4
10
52 *
Mar
11
-•'lOv:::'
17
i1<7>
Co
C)
pfd——.lOO''*
Ltd
01937)-"
Jan
Ltd
• it-
40c-
class
40c
40c
Yellowknlfe
111
,
Auoeile
Feb
Ltd
Mar
75c
Jun
6c
Mar
15c
Jan
Band-Ore
Gold
Metals
Base
»
May
Feb
1214.
12'/4
115
Beaulieu
Bobs
Ltd__0
Mines
Lake
Gold
Gold
Mines
Ltd
14c
7%c
7%c
99,000
'
—
i
10c
~
M 500
11c
'
500
293/4C 293/4C
1
Mines
1
3C
•
1
l.ttu
1
9c
Central
Explorations
Dome
Mines
East
Sullivan
Bank
of
Montreal-
10
Jun
Bank
of
Nova
Mines
Bank
Jun
Mines
Ltd
^
v
1 /*
Nickel
Mines
Lake
*
-
<"\
v
Mines
*>
-
Ltd-
Goldvue
47c
.16%
55c
Class
B:
w
10c
25,200
16,600 '
500
44c
10c
May
35c
Jun
50c
Aug
13 y4
Jun
47c
49c
6,100
12%
12%
705
12'/2c
lO'/er
12c
10,000
9c
Fob
15c
Feb
10,100 0
be
Apr
Abe
Feb
15c
Mar
10c
11c
15 %C
16c
3.20
3.25
7%
r
7%'
__
16c
j 3.201
10% Mar
V
3,600
500
0
3.00
/
100
25c
Apr
Jan
4.00
„
7Vb Aug
Feb
8-
120 >J
22c'
27 Vi
27
27%
534 0
25-
Feb
28
35%
36%
140
33
Aug
37%
Feb
34
V
33
34
1,100
32% Aug
38%
Jan
26 %C
29c
43,100
17
17
70
*
27c
♦
■
:
>,.
38:?
^
-
9c? i
,
0
•
9c
Mar
16
.30-
38
9c
10c
161
170
Jan
'
30y2c Aug
•
May
17
170
38
9,900 u?
*.
>
' Aug
90
-
16
13 %c
•
Jan
Hats
Boneta!
18
—
160
50
17
Jun
25c :
Mar
Feb
Jan,
174%
18
5%
5%
30
Jun
\
class
72c
May
23 Vi Mar
31c
31c
\
——1
A pfd
14c
* '
Gold
—;
Gold
*
35c
—
13c
4,100
15c
20
,
lie
15c
Mines
-
*
-
-v—
Jan
18% May
21
Aug
2,550
10c
Mar
17c.
Jan
1,508
13c
May
29c
Feb
2%c
500
3c
6.85
6.85
2V2c
Apr
5c
6,000-
30 c
3c
.
28c
11c
28c1
3c
60c\. Feb
Aug
15c
"
2%c
—
28c
July
13c
30
12c
Mar
1.65 Mar
3.50
Jan
Brazilian Traction Light & Pwr com—•
1.56
Jun
Brewers & Distillers.
4.15
7c
7c
2c
500
;
2Vic
3c
2,000"
7c
25,000
4.70
Jun
*
Wc
lie
:
;
Mar
28c
May
57c
3c
Aug
'6c
6.50
July;
6,000
0 280
10'/2C
5
11c
46c
2,000
British Columbia
24c
lO'/ac Aug
8.50
>
•
4C
Louvicourt GoldfleldgLtd
0^—1
62c
59c'
4c
£6 Vic
13%
• 'r;':
13%
8V2
Feb
<
313
'
Jan
JunIv
27% May
4% May
Apr
14% May
8% Aug
4%'Mar
,,
16c
-
Feb
British
Jan
British1 Dominion^ Oil—•
Columbia
Power A
•
26
Mar "
55c
Aug
3c
Broulan Pprcuplne;
Buffadison Gold————
1,300:
54 y2
5c
42c
^ i 7^*;
Buffalo
.
24%
Jan:
27
Mar'
16c
Feb-'
35c
May
32c
36c
1''
18c
17c
18c
Ankerlte, t.^—-—i.w-wj^——«;
Canadian, ——-i._—*
Buffalo
1.45 Jan
Mar
Feb
220
10.500
26
1.65
1.50
1.65
1,370
1.25 July
8c
8c
2,000
6c
25c
July
37c
Jan
15c
7,0004,000
July
99c
Jan
2.40
Jan
Aug
8c
May
Jum,
3c
39,900
7.65: Jan
26%
22c 24%c
22^
1
Jun
15 %c
Feb 1
'y,.
_1
40c
4,800 '
1.90 Jan
July
Mclntyre-Forcupine Mines Ltd
Mining Corp of Canada Ltdt——_
5^
*
8.85
9.00
Nechi Cons
—
1
S5c
1.00
800
—
1
1.55
1.69
4,400
88c. Mar
Ltd——
1
17c
17C
2,500
17c
2.90
3.00
5,600
1.55 Mar
1.70
1.72
300
1.50 Mar
Calumet
New
Marlon
Normetal
O'Brien
Mines
Gold
Ltd—.
Mines
Mining Corp Ltd—
Gold
54
65
Aug
6Yt Mar
1,000«
Buffalo*Red Lake————1
Building Products
Mar
♦
i
80c
1.18
May
,
Burns
1.69 Aug
27c
Aug .j-;
Jan
Mines
Ltd:
Mining
Co
13c
Ltd—-—-
Labrador
13c
5c
5c
1
Development
10c
1,000
500'
Crest
.Rochette
.
Gold
Gold
Mines
Mines
Ltd^
„
Miller
Siscoe
Gold
17c
21,500
15c
Aug
1
;
—_50c
i
*
1
Ltd/.
2 Vic
,
500"'
2 Vic
10c
10c
8 Vic.
2c
8c
1,0007
lie
13,200
Jun
|
2.35
2.41
•
6.60
6.60
50
36C
500
22Vic Jun
Mines
Mines
Ltd
1
(1944)
1
Ltd—
Mines
Ltd
38c
39c
1,000
1.27
.•/
35c
20c
60c
Jan
Feb
Jan
5.20
5.70
Canada
Homestead
Gaspe Oil Ventures Ltd
Oils
Oil-
Canada
May
Canada
Foundrlees
May
Canada
Iron
Preferred
Foundry commont-
July
Apr
Canada
Feb
Canada
50c
Apr
67c
Jan
Malting
*
Permanent
Mtge
Steamship Lines
100
com—
Preferred
,,4oo
1.60 Mar
5.00
5.00
400
.14c
13 Vic
16c
21,009
1.69
1.73
^ 4,100
8.05
8.25
SC
1,175
9c
5%c
!-•
5%c
•-
19 %c
9c
Feb
Jun
5.20
500 ;*
8c
2,000
16%
16%
i
Jun
65c v Jan
Apr
I*.
-.
3% Apr
3 00 Mar
4 %
14% Ma*
0,. 175 .,.
27.
,
73
25
50
■
0; 400
45
49
181%
183
44
12%
12%
110
•;
*
i
Apr
May
22% May
>1
29 *. July
Apr
/ 29
13 % May
43 y2 Apr
181V2
*11
••::©50 4
37
37
'
27
July
16% Aug
,
27%
35 T
100
"53% Jan
201 y2
Aug.
Mar
14
Feb
v
42
21% Mar
Jan
May
Jun
31
Jun
23
Jan
"
22%'
Jan
32c
a-
Jan-<
Feb
>
9.65
preferred
Canadian
New
May
Apr
16c
Canners
common.
21
2,895
17% Mar
24
Jan
20
20
175
16% Mar
22
May
—
12%
Feb
-*
•"
—
Class A-
Jun
32%c
July
1,475"
21%
Jan
2.25 May
ScJuly?
July '
22%
20%
20
—
22
21'/4
C&nadi&n Car common—————*
5.00
3.50 May
7.50 May
8.25
2.15
:
155
28
—
Canadian Bank of Commerce-'——1—10
Canadian Breweries
•
2.50
•
.2,350
27
*
2.50
1.25
4
21%
27
50
Canada Wire to Cable class B—
Canadian
lie
7k60 May
07 18c
2.08 Jan
:
2.79 Mar
:
0
Feb
Mar
Jun
'V-.V
50
-4 28
-4
*
2.36 July
•
Jun
July
9
Feb
6c
34c
'
20
/
Jan
300
1.73
''
4
21*
.
101
2.70
*
)
1
*
2.68
*
Ltd
A
2 Vic Aug
1
3.65
r
2,500
2.60
4
20 »;•,
class
12,500
3.75
>
15
7% Aug
5,620
46fc
Jan
35% July
Feb
013% Feb
10,300
11c I
2.50
common——^
Cement
:
22,500
—•
Co Ltd
Exploration
1
7c
.
25c
*fy5;:" "S-* ."/ 'J.
3 Vic
;•
180-
10c
11c
*■
common
:•
Ltd
Co
Bread
>
6c
2 Vic
11V
200
45c
•
11
•■Campbell Red Lake—
8.50
Mar
5c
-
——
Jan
3.25
Mar
99c
Flon
f'■ '${
Conv
^Consolidated
Oil
7%
Feb
Oil Stocks-*
Pacalta
20
7%
*
Anglo-Canadian Oil Co LtdL—.1
Calgary & Edmonton CorpLtdi.
Home
19%
2VaC
Wright Hargreaves Mines Ltd—:
Omnitrans
•
Flin
41c
Apr
935
175
''
"
900
53c
1.26
1
.a__-
—
52c
1
6Y8C Aug
28%. Feb '
.
.160
13%
*
——
rr——
17c
1.45 Mar
2,100
_•
1
.New
Bj
17c
!
6.50 July
36c
1
Vinray Malartic Mines Ltd
'
A
6c
8y2c July f
1
Ltd
Sullivan Cons Mines Ltd
>Thurbois
class
Oils
Canada
Stadacona
Co
class
Calmont
65c
O;
Aug
l
]_
Mines
15c,
0
—
Silver
t
33%
13%
Calgarydt Edmonton7- 5 20
9c
Mar
Ltd—
Co
Mines
Sigma Mines
57c
*.
Santiago Mines Ltd
;8herritt-Gordon
7,000
•
-
70c
3,700
Apr
89c
66c
6%c
33
33
2.17 Jan
t
4y8CMajr
1
6%C
—-
3.00 Aug
May
1
/Quebec Manganese Mines
!Red
&
Burrard
;v
Quebec
6%c
10 V* May
Burlington Steel
Pen-Rejr Geld Mines Ltd.Pitt
100
Calllnan
Gold
—
■
20
16%
Canadian
Dredge
.
82
•
14%
:
'
9%'f'"
14% 0
14%
Apr
34%
100
19
9%,
* "'
A
Mar
21%
0
16
Jun
Jun
89% July
Feb
39% July
Mar-
13% Apr
25 y8
Jan
12%
;r
8 '■ Mar
75
0:100:
Jun
14%
18 y2
56% Feb
.
70'
'
Class
Mar
10 "
*
25
82
19
*
Canadian Food Products common
17
15%
39%
39T
„
80
105"
16%
16%
—
39'/4
25
-
.
20*
13
20r
,
:
Celanese common—*——*
preferred
Jun
15% July
•«.
Canadian
Canadian Funds
\ jdxt ''
Last
\
I'v-'-fV:.'V-"'*
1
*
"
•
•
Par
'
'*• ;
v-""
;
t
I'
[
j
..-'v
%'}'•<
Abitibi Power & Paper
*150 preferred
$2.50
;
.
Preferred-
—
—
preferred
Acadia-Atlantic
-
*
'
class
—
low
Canadian
8hares
High
Range Sines Janaary 1
ii".
?
Low-,
-
_i._—.-
_
.>
100
—.
—
•
17%
?
20
20 %
37%
50-0 35% Jan
19 y4
50
785
12% Mar
18
1,350
*
100% 101 %
-
'
Algoma
Steel
Aluminium
common
T.trt
Wirebound
44%
•
Cariboo Gold
60 %
98
25
Apr
21% May
———
1
•
>T
Leduc
Apr
Central
Patricia
19%
Feb
Central
39
r
17%
Central
102% Aug
.
22 y*
64c
65C
13 %
13%
50
17%
17%
3,095
24%
37
of Canada
Amalgamated Larder
Anglo
Canadian
pfd
25 it
Mines
Oil_
For footnotes see
page 44.
•
25%
1
_
——* "
45%
310
33% Mar
67
Apr
Mines—
255. V
44% Mar: '
65Vt
Jun
Cheskirk
24
25% July
60 y2
2.46
10 3,425
15c
2.50
21!
213
\
-
6
Mar
Aug
I 14
Mar
Apr
i
30':
Jan
64cr" Aug.
88c
Feb
UI-Mari;
:
15
Jan
10c
3,500
: ■;
14,450
-
..
Mar IV-
Jun
1.35 Mar
12% Mar
21 %
24-
26
July
1.06
1.06
2,200
; 1,55
425
1.20 Mar
47 %c
49c
1,30
1.28
1.35
0
1.00 July
1.50
13c
1
15c
1
i.
Chemical Research
14 %c
2.50
10
1,850
-
\,
Jun
.Aug
2.65
Jan
1.80
Jun
14%C
6c
■
l5c
3,600
4.750
5,050"
*
6c
41c
13c
Mar
33c
Jan
5c
Aug
16c
Feb
30c
Mar
65cApr
4c
Mar
38c
49c
July
1.05 Mar
1,000
Aug
1.40 Jan
Jan
1
Mines
—
——j——1
•
—————1„
33c
3id'
4%c
4%c
5%c
2.45
2.43
2.45
2V4c
2%c
1,000 0
33c-
2,000
.iC.4 0';' X-','.
Aluminum Co
5% May
480
1.55
—
Porcupine--.-^———-1
Centremaque Gold
44%
25%
22%*
::
47%c
1
•
Gold
3 y2c May
25
12%
Jun
7,000
60
—
class --Alw—---i*•
—
4%c
;
<
Railway———25
4c
•
65c
6
12%
24%
• *;
,
19% May
Mar 0
16%
•-'.s
1
100
6
y"12%"l
Castle-Tretheway4—————-i——i-14
16%
37%
201
20
0
A
Alger Gold
<
High*
Pacific
Canadian
for Week
19%
20
-
1
Canadian Oil Cos common.^———*
%
of Prices
f
17 Va
com—
Alcohol \VA"—*
Canadian Malartic -u—.———*
'*■
common—
Locomotive
Machine
Sales
Rangs 1'
Sale Pries "
STOCKS—
W'- •'•• *'•
-0
Week's
Friday
r';r*
4
•
Industrial
Canadian
Toronto; Stock Exchange
Ice
Canadian
r
v
25
-
J^n
11%
Jan
Feb
16 y4
3' Mar
:•;:
75
8%
—*
12
Jun
'4.45 Mar
500' :
67c
54%
25c
200
62c
,58y2c
A—*
-
23%
1,645
Jan
.
5c
<
Macdonald Mines Ltd_.
4,700
7.^.
5.50
5c
Packers class
B
J
1,22
49c
5.50
3%
20
185
26
•
3%'
Jun
'22% May
13% Aug
800..
23%
25%
Jun
11
-/f-
Feb
*
:
9.00
b.'iO.
13%
17
.
100
Jan
'
V
23%
3%
571
20'
13%
23
Britisb.^'/Columbia?Forest Pfoducts—?;
6y«c Mar
Mar ;
IOC'
—,"
Brltlsbi American > OU( common-...—.^
Preferred
!
25
Jun
6c".Jah
20c
IVic Jun
6.500
'
23%c Feb
4.15 Aug
200
3C'
19%
—5
-
'
5% Aug
21 q
.
14,058
20'
lie
1
_l
Boycon; Pershing v——
Bralorne
18% May
4% Mar
,
Bbrduiad, MlneC •—*—1——.1
.
a.
•
Jun
V Aug
20,500
1
New
'
Aug
•41%
Mar'
723
-.•'!'
'• • 2"Af
Bobjo Mines Ltd—————————1
Jan
r
Mar
12c 197/8c
1
Dredging Ltd
.
Jun
35%
=
1.32 Aug
TIC
July
55c
3c
Lingside Gom Mines, Liu
Mar
*
-
A
Bldgood Klrkland Gold———
Feb
55c
f
Mar
28,400
4.15
Ltd—
4c
Feb
:
Marv
5c
1.20
1
Ltd-'
Feb
3,500
-i—.vi.
-ttVW*-':y
Mar
6c
Jun
96c
1.05.
197/aC"
...
Mines
Feb
'
Apr
400
1
___
12c
►
Mining,#! Ekplor Co Ltd—A!'
Oro
9c
2.60
.1
Ltd_'
Mines Ltd_^—
Jan
Mar
48c
10
-
Bertram & Sons class- A
Jun
5y4c
Aug
1.10
2.54
1
______
Lebel
of* Toronto
Class
Hollinger Cons Gold Mines
Joliet-Quebec Mines Ltd
-'Labrador
>
15c
0
Mines Ltd
Mines ?
Heva Gold
"
500
16%
11
(1945)
Gold
33c
Aug
18c
500
47c
1
Ltd_„
Formaque oold Mines Ltd—it—/
Found
22c? Jan
Aug
3c
37,500
8 Vic
ft-,
»
Mines Ltd—————
Fal'-onbridge
Fontana
Scotla-^
Beattyr Bros —_L—
Benuliew Yellowknlfe
Bell Telephone
31c ' Aug
;
29 %c Aug
3,000
J2
8c
—1
Ltd
July
16 Vic
4.,'..
14%c May
17%c Jan
'
•
93/4C Aug
2 Vic May
9c
x.
14C
,
it
—
Jun
14 y2
July
12%
10
Bonville
Ltd—1
i
•
Mines
Sol Gold
i'
Mines
Ltd
Lake
Ltd
Eldona Gold
El
Cadillac
Red
9C
-
'
1,300
3C
18c 21 '/2c
Century-Mining Corp Ltd——i
Cortez
39c
Mar
5c
Jan
Biltmore
Central Patricia uoid Mines LU
Consol
11
6c
_*
May
12%
Apr
12c Mar
56,700
3c
3C-
j
1
-
Bouzan Gold Mines..—
Dickenson
i
15%
6c Aug
-
14%c Aug
180
1,000 !
6y2c
-
1s
class A
Bevcourt-Gold:
Bordulac Mines Ltd
Gold
lOe
9%c
1
1
v'lv--1-:
Candego
8c
»•
34,900
6c
'
I
Ltd
4,500
'
18C
14%
Jan
42c
Aug
May
1,000
27 Vac h ?26'/2c 27V2C
'
v
1
22
,-Feb*
12% Aug
~I0c
f'
*
Ltd—_
Mines
14e
_I
Ltd—
Yellowknlfe Mines
Bonville
Gold
1
Electric
Base Metals Mining
& Innes class
1
Mlnmg Corp
15C
5l/2c
3,100
1
-
Bates
Limited
Mines
•
56
>0 Hiding.Stocks—
Aubelle
"
7c
1
;
Aunor
13
*
Mines
19
16
7% May
35C
14%
1
Aumaque Gold Mines
37c
All.;
5% Mar
500
500
15c
•
May
11% July
104
13 '
„
'
6c
>
•
Steel
13% Feb
325
,
Oil
Atlas
10% May
irono3/4
Ltd——100 0
Products
Stoweil Screw
Wilson
6%
■
10
—..—1 si
1
Mines
Atlantic
Auto
Southern
l
—
700
45c
8y2c
•*, 17% May
Mar
Jun
14'/2c Jun
Apr
14 y4
Apr
57/s Mar
175 "
110
"54
;l;
i»u
+
t/", '
Oil
&
Atlas
Paul
;
Quebec
Athona
27% May
65%
90
"
6
15
1,605 *N
:
9%c
4Vbc July
6V2c Mar
Jun
Aug
A*torla
73%
*
Ltd
V*
.
Gold
A^ey
,
24
•
Ltd—
24
Apr
68c
45c
1
—
Ashdown Hardware class A
May
*•
Minnesota
'
•
>
—
Armistice
14% Aug
•
High
9.20
Aug
8%C
__
uoid
h. '
Jan
Jun
19
Mar
10% Mar •
1>570f
36c
3,000
13c
;
...
14%'
pxti
1,200
4y4c
Mines
Arjon
—1
—
8.25 May
1,100
32c
May
■
28
r
Area
Jun
:
Low".
8.85'1
i
Lambert
Range Since January 1
High
-
8% Aug
'
3
tor Week
•
"
18
(Can) Ltd.cl A-.1"
Sales
Range
of Prices
'
Sale Price
'
'
8%
STOCKS—
High
21
*'
7
conu.
0
'
Last
330
preferred-0a.——.a,____2()
cum
v::::,.:
Range Sine* January 1
Low r
25
Corp—
oecur
International Paints
'
'
•
Shares
High
8%
2T
for Week
24 %
coiiuuouj__——J
MARKETS
AUGUST
Apex
Great Lakts
b"/c
Range
Low
1 '
Sales
of Prices
*
24%
:
J)
<a
Par
•
class A
of Canada
Companies-
Freiman-
■'
LISTED
"RANGE FOR WEEK ENDED
'
Week'*
Sale Prlee
•
41
■
Jan
3.45 May
Chesterville
Chlmo
Mines
1 !i
—
Gold
Citralam
Malartic
1
;
1
10c
2,600
2.20
*•; 8%c Jan
3.00 Mar
Jun
12c 0
6,000
7c
July
3C'
3,500
2c
Aug
.
.
/['
.
30c
Feb
5c
Jan
42
Monday, August 30, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(878)
i?
LISTED MARKETS
CANADIAN
*
,
WEEK ENDED AUGUST 27
RANGE FOR
,
/
,
Friday
'
Friday
Low
8
Cochrane Dunlop common
Class
A
14
14
8
1,
.•
14% May
27c
7%C Feb
5c
Mar
600
46c
Apr
93c
65c
Apr
1.10
Jun
12
Apr
16%
Jan
Hallnor
Apr
55c
Mines-
Beattie
Consolidated
62c
2,500
HV
54c
July
85c
.*
55c
Aug
59c
Aug
lie
Jun
59c
1,967
13c
Consolidated Mining
.5
& Smelting.
14c
16c
18,600
114
114'/2
Consolidated
Class
B
class A
Press
.V'.•••
■.
-
II
>
—
__—
-
O
115
Q
30
2V.>
32c
2%
200
Jun
Harding
8
10%
Feb
Apr
Conwest
Exploration
Cosmos
Craig Bit
28%
10c
100
25
750
10c
5%
5%
1,077
18c
18c
1,000
50c
__
1
50c
600
114
114
5
__
common
Crestaurum
102
12,240
10c
•
—
Mining
__
1
Mines
__
.__1
Croinor Pershing
Crown Trust
__
114
.100
______________
Mar
149
1.24
28 %
1.23
...
Imperial Mills
Cournor
145
148
•
H
Heath
._1
„1
•
Davies Petroleum
Davis
Leather
Class
■
__
•
.
154
Jan
1.35 July
Mar
70c
Jan
30'
May
Aug
22c
Jan
6% May
4% Mar
18c
40c
90c
Aug
114
Jan
30c
July
Mar
118
Apr
Highland-Bell
*
A
__
*
B
Delnite
Aug
De tta Red
Dexter
Distillers
Hosco Gold
13 %c 13 %c
2,000
10c
Mar
20c
Apr
Imperial
Bank
Oil
26% July
23% Mar
65
24%
25
10
10%
60
9%
Apr
1.35
500
1.05
Apr
5c
11
3,000
12c
4,000
10c
July
48c
Feb
1,000
26c
Aug
45c
Mar
48c
49c
3,600
43c
July
82c
25c 32 %c
602,400
25c
Aug
40c
6,200
16
16%
'1,065
18%
30c
7
Malartlc
95%
96
25%
20
20
3%
50
Dominion
'J
<
«
22%
Ingersoll
Jan
Textile
Dominion
Woollens
Donalda
common
Mines
Dulama
Gold
...
.100
12
___'
i
15%
-Hi
:_
A
East
East Leduc
July
9.00
910
8.25
8c
Jan
Aug
15c
Jan
Mar;
20% July
7c
4,900
18
9.70 May
May
25%c Mar
9c
Feb
42c
Jun
18c
Mar
32c
Jan
26c
May
35c
July
6c
34c
1,600
3,600
,>,! 5c
33c
22c
24c
12,100
35C
800
50%
760
50%
'2'/4C
;
Jan
12
Jun
8.50
5.35 Feb
53%c Jun
43% Jan
v
500
4.
Jun
2c
23%
25%
25%
120
15%
15%
5,045
1.25
1.40
83,607
4c
;
May
Feb
27
Apr
19% May
Mar
14
1.95
Jun
14V4
1.25 July
Mar
12%
13%
535
12
25 Va
12%
25%
215
24% Mar
Jan
25% July
4c
7c
4%C
1,000
7%
8
170
9%
9%
200
39c
800
34c
100
'
Aug
8%
Feb
Jun
11
25% Mar
39c
7
Feb
9
Aug
4VaC
May
Jan
55c
July
31% May
27%
100
100
10
98% Mar
102%
Jan
36
35%
36
4,574
29% Mar
39%
Jun
•
13%
13%
13%
Mar
16 Va
Jun
46 %c
45c
50c
13,071
15,300
11
1
40c
Mar
84c
May
3%c
5c
5,000
7c
Jan
8c
8%c
2,000
8c
July
12c
Jan
3c
3c
Jan
15c
Aug
July
7c
16c
2,000
6.000
3c
15c
58c
Feb
43c
52c
26,300
25c
Mar
56c
Aug
5%c
Aug
International Uranium
27
6c
7,000
14c
Jun
17c
21c
8,500
27%
28
50
Feb
22
Jun
Apr
3%
Co
*
common
Jack Waite Mining
8c
3%c July
Feb
Aug
25%
320
22
Mar
28
9%
375
6
Mar
Mines
Joburke
Gold
12 % May
16%
23%
13%
1,445 &
22%
195
11%.
Jan
19% May
Feb
28 Va
21% Mar
15%
Feb
175
11
100
12
10% Mar
<
15%
__
45c
Quebec Mines.
Kayrand Mining
—_
13,200
.
m
t
5c
Apr
15c
July
Jan
13% May
it} 18%
17c
Mines
Kelvinator
z*
_________
27%
!
24
12,000
Aug
27c
1.10 Feb
Mar
20c
5,700
17c
Jan
50c
5c
20,000
4c
Aug
12c Jan
^
33c
33c
6c
♦
33c
Jan
5V2C Mar
10c
Jan
12C
13
13
13%
1,040
Kirkland Golden Gate.
-1
10c
8%c
10c
46,700
8c
Apr
22c
45c
45c
3.000
36c
Apr
60c
_1
Gold
26c
Feb
500
May
Kirkland
1
...
-1
1.35
11%. jun
7c
4,000
6,000
Labatt
—1
1.35
1.35
1.40
2,900
1.33 Aug
2.08
1.28
1.26
(John)
24
23%
24
150
1
5.60
5.40
5.60
1,105
76c
73c
81c
19,720
11
11
11%
10% July
14% Mar
25c
70c
1.95 Aug
3.00
Feb
5.40
6.95
Feb
Ltd____
—1
2.60
2.55
2.65
3,400
1.64 Mar
3.50
Jan
Exploration-
25%J Jun
Mar
23
Jan
7.75
4.10 Mar
Feb
East
Jun
_1
Lake
Labrador Mining &
East Malartlc Mines
Jan
Jan
1.78
1.26 Aug
Jan
1,000
6C
Jun
2,500
8%c
6c
Jan
15
10c
-1
Kenville
30%c Jun
4c
8c
Aug
Kerr-Addison
61c
19c
*
Jun
28
••
Apr
10c
Jun
«6C
1
Oil
5c
Jan
27%
Petroleum
96
Aug
19c
Oil
1,000
May
|
Nickel
4%C
Amphi
Crest
5%C
Jun
*
8.00
.100
Preferred
Kirkland-Hudson
East
1,000
May
6
1
International
IQft
Ltd
Mines
Feb
75c
1
class
Machine
23% Mar
25
64c
Duvay Gold Mines
24 %c
Mar
8.75
International Metals class A
Kelore
Dominion
Mar
•
Indian Lake Gold
Inspiration Mining
65c
Aug
16
16 Va
-25
Stores
10c
50c
15%
Joliet
Dominion Steel & Coal class B__
21,200
2%c
Imperial Tobacco of Canada ordinary_5
4% preferred
25
Inglis (John) & Co
8%
•
Magnesium
12c
61c
1.25
24
70
4
...1
—^l;,7;f25V4:
Foundry & Bteel.
Dominion
10 %c
160
50%
Rights
Jellicoe
Dominion
16c
35c
•
95% Aug
50
*
15c
Jun
Jan
12%
9% Mar
1,000
10
Jan
22% May
July
16
100
25%
Electrohome
Mar
5c
8c
1
Jan
64c
Feb
16%
230
18
25
preferred
5c
1,500
19%
Jacknife Gold
Dominion
3,100
6V4C
Feb
10 %c May
Mar
26c
10
Dominion Coal
400
6%c
11%
6V2C
May
5.00
32c
July
Jun
1.60 Jan
6V4C
100
Dominion & Anglo Invest pfd
20,700
12c
23C
1
*
•
Mining & Smelting
Hugh
16
Dominion Bank
21c
3c
Apr
3.50 Aug
"300
5%c
Howey Gold
Hoyle Mining
Jan
37c
Ltd
Mines
l%c
!7
33c
International
Dome
500
23c
3.55
17 % May
Apt
18 %
Mining
2%c
9.00
___
Mines_.
21c
38 %C
.2
Seagrams
2%C
3^0
8c
Yellowknlfe
Homer
19c
49c
Diversified
13% Mar
19%
.
Oil
Home
Aug
6c
29%
Apr
20c
19%
Hollinger Consol
Mar
26c
Red Lake...
37c
Jun
500
5%c
Dauch
7c
Mines
Yellowknlfe
Dickenson
Discovery
3.20 May
310
8.25
Hlghwood
Hinde &
8c
__
Lake
V
22c
K'-'
4,000
4,000
Lake
Red
12c
__
11c
He
Nickel
Denison
v
—
i-.
Mines
6%c
Mining
Sarcee
7%c
1.35
class
Jun
1.15
-
,15%
11%
Mines.
Imperial
7%c
23c
Gold
9c
IIIl"'
3.50
._1
___—_____—
7%c
j
Patricia
D'Aragon Mines
Mar
1.10 Aug
22C
Gold
Hudson Bay
Crowshore
6,400
3 % Mar
2% Aug
1.12
_100
Gas
r! 60c
2,100
Carpets
Highbridge
Consumers
90c
1.70
Jun
121%
91% Mar
950
7>: *-'•
88c
1.40
15
—
Mines
Heva Gold
A
*
88c
Gypsum Lime & Alabastine
Harricana
Consolidated Homestead Oil
44 V2 May
Jan
55c
-1
Mining
Duquesne
60c
2
„
20V«
40 % Mar
1.45
._l
Gunnar Gold
Hard Rock Gold Mines
Consolidated
15% Mar
25
60c
Halliwell Gold
13
130
Jun
561
6%c
3,000
55c
12%
__
High
18
42%
,_1
Mines
93c
*
Bakeries
Lead
5%C
*
Mines
Coniaurum
Consolidated
Low
17%
-1
Guayana Mines
5c
55c
—*
Petroleum
Range Since January 1
High
Feb
55c
L
yellowknlfe
Colomac
Commonwealth
Shares
Aug
16c July
2,000
preferred——__________
Gulf
Lake
Coin
for Week
42%
17%
Great Lakes Paper common
A
Sales
Range
Low
Par
2.45 Jan
12% Mar
350
20c
"
6% Mar.
120
19C
:;/14.'
_______
1.72 July
950
V
Sale Price
STOCKS—
1
High
Low
1.80
8
Willans
Cochenour
1.80
I
Bange Since January
Shares
High
1.75
Par
Week's
of Prices
Last
for Week
of Prices
Sale Price
STOCKS—
Sale*
Week's
Range
Last
Sullivan Mines
Lake Dufault Mines
Easy Washing Machine
Eddy ifaper class A
18%
__
20
18%
18%
216
15%
18%
18%
125
16
18% Aug
Feb
20
Mar
Elder
Mines
Eldona
Gold
El
Empire
^
Eureka
class
(T
31C
32c
3,400
1.08
98c
1.21
313,250
55c
Mar
12c
15c
7,000
lie
July
2q
100
19
May
21
1
A
pref
H)
.25
.
22%
-_1
Corp
Jan
25c
20
Mines
Brass
Estabrooks
74c
July
31c
1
Gold
Sol
24c
1
22%
1.84
1.84
v
70
1.95
1.15 Apr
1.54
22% AUg*
2,350
22%
Luz
Mines
Famous
•
4.25
—.
Players
Grain
1
39%
•
com
Preferred
Jan
Aug
4.55 Jan
Fleet
common
Manufacturing Ltd
Fleury-Blssell
Ford
of
5%
93%
4%C
5%C
2,000
4%c July
10%
10%
290
7% Feb
2%
2%
100
16%
16%
50
Francoeur
* '•
pfd
Canada
100
class
A
•
5%
Power
Bakeries
105
General
Products Mfg
Steel
class A_
Gold
Lamaque
Lang & Sons ______
Lapa Cadillac
3% Feb
27
Apr
15c
1.75
1.80
2,100
1.30 Mar
91
120
18%
18%
235
86 Va Aug
18
Aug
105
60
2%
100
16
16
25
7c
101
2Va July
16
125
14
10
99
4.40
4.75
3,859
8c
8c
3,000
3c
500
65c
67c
56c
55c
57©
14c
common.
104% 104 %
3c
Wares
________________
15c
15%
Zloo
—_i
4.75
_
15%
May
Mar
Apr,
2.90 Mar
Lebel
Lake
Glenora
8c
.
Gold
Globe
Oil
God's
Lake
Goldale
Gold
Mines
.
:
76%c Aug
Goldcrest
Gold
1
Eagle Mines
2.29
May
Jan
Feb
Arrow
94
Goldora
«
Porcupine
3%c
3c
Leltch Gold
Mines
Goodflsh
i
Lexindin Gold ______^
Jan
17
Jun
Jan
•
common
Preferred
Gordon
14c
Feb
4c
B
___
Grandoro Mines
Aug
52c
Mar
80 %c May
9,525 7
48c
Mar
1.09 Jan
2,100
11c
Apr
19c
For footnotes
see page
89c
89c
700
1.13
2,300
1.10 Mar
7c
2,000
6c
28c
71c
28c
2,600
71c
2,500
1.19 May
1.25
July
16c
Jan
3c
Aug
7V2C
Jan
July
July
67c
14c
59c
Feb
1.50 Jan
30
30%
245
26% Mar
31
29%
315
24%
29% Aug
62c
56c
62c
47,800
2.28
2.28
2.35
1,125
60c
60c
69c
9,290
40c
July
9c
9c
4,000
6c
Aug
00
90c
10,400
85c
Aug
0
1
1
Mines
Macassa
MacDonald Mines
10%
600
00
8%
4,830
1
1
1
J.
Madsen Red Lake Gold Mines
Manitoba
8%
1
2.35
2.25
2.35
1.65
1.70
Milling
6,650
2c
2%C
11,000
14
14%
1,727
•
•
2c
14%
1.50
-
9
-
"r
1.95
12c
11 u;
Feb
3.15
2.25 July
2c
11
8c
8c
500
7c
July
14c
Apr
2.68
3,400
5c
5c
2,000
4%c Aug
3c
Mar
16c
Feb
9c
112
3%C
2,000
10c
Mar
25%c Jan
10c
11C
13,200
2c
July
112
112 :
101!
Feb
5
Gold
1
Martin-McNeely
«u_
4c
Aug
14% May
1,000
9C
1,000 :]f
3c
Aug
Aug
31c
Jan
6c
Mar
9c
9c
3%c
20%
21
3,011
16
Mar
23
July
27
27
100
24
Mar
30
May
7%
21
20
Preferred
•
McColl-Frontenac
•
Mclntyre
common
12%
13%c
7%
75
7% July
12%
13
4,530
9% Mar
V
55
55
9%
16
35c
4,650
9%C
9%c
10c
11 %c
12c
2,800
7c
19,000
July
f
!
15c
54% Aug
66
33c
65
33c
12C
McKenzie Red Lake
9c
500
13 %c 13%c
55
34c
Porcupine
McWatters
118
Jun
Milton
1
Gold
75c
Aug
Jan
May
Jan
Mar
Jan
2,500
Jun
29c
Jan
IIV2C .Apr
18c
Jan
8c
-
'
52%
35
49
Feb
53
Apr
Mining
20
50
20
Aug
:23
Jan
500
18c
July
Modern
6c
1.35
Model Oils
13ViCl3%c
Corp
Containers
5%cMar
6c
1.45
2,150
1.15 Aug
9.60
Oil
8.90
9.60
3,900
6.10 Mar
Brick
20
13 %c Aug
May
Mar
3%c
__
.1
Massey-Harris common
52%
__
Jan
1.95 Jan
4%c Mar
H
J»iy
Jan
3c
10 %c
Am
87/b Aug
1.50 Apr
;
.Ban
1.54 Feb
4% Mar
*
Jan
Feb
3.00 Jan
2.20 July
700
1.70
-*
Eastern
&
Leaf
-
*
•
1
Gold Mines
B
85c
Apr
Mar
40c
Feb
2.63
Jan
Aug
25c
68c
May
10c
__
*
Jan
5%c Aug
May
2c
1,000
6,500
50
Mackay" class
Jan
Jan
4c
2.65
1
51,723
Jan
8c
17%
28%
Maple
6.10
5%c
11c
Aug
12
6Vsc
Goldflelds
Malartlc Gold Fields
106%
4c
Loblaw Groceterias class A__.
Louvlcourt
MacLeod-Cockshutt
19
165
1.11
.1
Gold Mines Ltd
Little Long Lac
MacMillan Export class A
9,600
<;
.Jan
Mar
3c
10,000
15
Jun
3c
2%c July
60c
Mar
Lingman Lake Gold Mines-
Mid-Continent
Goodyear Tire
July
89c
Jan
IOC
i
Mining
May
1.11
.1
Ltd—
Mines
Jan
3% Jan
3V2C
14%
Oil
Leduc-West
McMarmac Red Lake Gold
Goldvue
7%c Feb
2,000
4%c
20
3c
lllli
Mines
4%c July
3,000
4%C
__
108
8c
•
21 % May
4%C
Jan
< 10c
-'-1
18% Mar
4%c
McDougall-Segur
Gttlden
Goldhawk
100
4%C
._3
Macfie Red Lake
4c
.—1
—
19%
4%c
McCabe Grain class A
Gold
1,500
-1
—
Oro Mines
Marcus
Gillies
5.50
4%c
Mines.
"U"
Larder
Class
66c
Preferred
Giant Yellowknlfe Gold Mines.
Mar
300
._1
Lapaska Mines
16% Aug
Jan
755
16
»
May
Jun
4,000
•
7c
11% July
Feb
2
9c
104%
May
21
2%
18%
,
To'o
;
7
103% M«y
13%
90
m'f.
common.
General
»
Mar
25
.100
preferred
General
85
5
24%
1.80
Co preferred
Gatlneau
1,600
8c
24%
Gold
Fromsher Exploration
Gair
3% Mar
4%
10%
•
Products
18% May
47% Jan
Mar
93%
.
5.05 May
15% Mar
180
2.30
July
34
35
40%
5%
1
Fibre
16%
39%
93%
100
Federal Kirkland
3.60 Mar
1,800
16%
Fanny Farmer Candy Shops
Federal
7
2.30
_____.
Laura Secord
Falconbridge Nickel
38c
2.30
19%
_1
Lake Wasa Mining
1,535
4,700
Jun
23
^
34c
-1
__
May
La
Jun
86c
Mar
5.50
Mines
Lake Shore
38c
1
common
28c
28c
2,000
*
12%
12%
50
.
lie
Jan
3
Jan
10% May
22c
Mar
32c
Jan
11
Mar
14%
Jan
44.
7.:,!';
Volume
Number 4729
168
THE
COMMERCIAL
&
CANADIAN
FINANCIAL
LISTED
CHRONICLE
Week's
Last
STOCKS—
Par
Monarch
common
13%
——
1
;
-
-
Drug
Steel
Negus
New
Pipe
class
A
Norzone
..
140
65
25
25
Mar
Feb
10% Mar
13
16
I:
27
28%
75
25% Mar
34
23
r
23%
410
18% Mar
5,450
1.91 Mar
2.10
103
1.66
1.55
1.70
50c
54c
17c
14 %c
'
100 %
55
51c
Oils
•
A
1
■-*
Mines
10c
_5
1.25
:
_1
,
■
Class
Jun
—.i-*
v<:-i-A".>*&.>>y
v_.
•
11% July
_50o
1.14
1.14
1.16
4,100
_1
'•*
;w\X-:'v
2.33
2.30
2.40
10,045
15%
15%
15
Aiv.j.v'
28c
Jan
—•
8c
9%c
6,500
8c
Aug
33c
Apr
Stadacona
24c
25c
3,550
20c
Aug
46c
Jan
Standard
6%c
11c
12,000
4c
Mar
7,500
4c
Mar
:4
8c
1.22
1.25
400
48
48%
1,625
12c
1,100
15c
1,000
1.04
Siscoe
43
3.05
18,025
11,000
4c
•
y
MlnCs,^^^A-'' v\
•
Oils
'.-iiO'Leary
5c
14c
5,000
500
23,100
14c
7,000
2c
f.
1.70
1.73
2,700
50c
50c
53c
1.25
10c
1.25
1.30
•
10c ioy2c
70c
Feb
33c
31c
38c
24,200
20c
July
48c
Jan
110
12%
Jan
•
Exploration
f. Orange Crush
Red
Oslsko
Lake
U Osuiake
Pacific
—
Lake
1
———.
Mines
Mines
1
!-
—
Petroleum
7'Ac
60c
5%c
9,000
___
—
of
ciass
Canada
;
Surl
3.05 Aug
Jan
Apr
Aug
10c
Cons
Inlet
Paramaque
Mines
55c
Apr
July
Piccadilly
*
Tamblyn
Ltd
50c
2.20
Aug
34c
1.36
2,600
55c
4,250
7
125
75
17% Mar
83%'
86
w-\
1.18 Mar
49c
Jun
26
83% Aug
265
31
5'/4 Mar
19%
19%
5
5
—-v;79
.
79
t
.,
Mar.,
92c
Jan
10c
Mar
Jun
Jan
1.56 May
68c
n.
Jan
8 % May
,
97
r
16c
5c
July
•
V
Jan
21% May
;
55
1.93
1.93
2.03
6,900
1.29
1.25
1.29
2,335
9%c
12c
Apr
Feb
2,000
12c
Mines
1.45
~
5%
Jun
9c
3,725
2,400
26
35
—1—•
4%
4%
2.50
30c
—1'
27c:
6c
Jan
5'A
Jan
3.50
Jan
.5,900
21,300
27c
Aug
49c
July
2lc
Jan
60c
Apr
80c
Jun
79c
July
85c
July
10
Mar
;ii !
Feb
5c
6c
7c
61c
61c
80c
'
:
ill
Jan
29'/a
.4% Aug
1,470
27c
Jan
61c
2.35 July
200
2.35
Jan
1.99
23% Mar
4%
Mines...
19c
»
27 %c July
26
Jan
2.05 Jan
V ;
1.25 July
30c
*
Mines
May
1.45
2.45
Gold
Jun
1.30
:
—
May
i:.'r.r. 2.40
1.68 Mar
99c
28 %c
*
80
83c
1,115
12,350
Jun
Torbrit
1.84 May
s
4
67
20
—i
Thurbois
Jan
90c
May
16c
10%
Apr
7%c
8c
3,500
6c
Aug
Silver
Mines
_1
i-.-
Toronto, -Elevators
83c
x
11%
.
11%
.11%
11%
200
11%
65
100
■
100
!
12 %
12
Jun
Aug
108
^
Jan
Jan
10 y$
Jan
Jan
lie
>:
Toronto iron class A
Jan
Mar
'
60c
63c
6,350
:: 21c
7,500
1.30
1.30
37
37
.* 37
•
1.15
1.12
1.15
800
'
5
500
50c
80c
Mar
Toronto Mortgage
Transcontinental Resources
Twin City common
18%c Feb
Mar
147/8c July
1.15
f'
1.06
39%
Jan
5c
600
5c
Aug
5c
5c
3,500
4c
Aug
37c
11,200
13,800
33c
Jun
10c
Mar
5c
37c
35c
12c
11 %c
13c;
26
26
26
5
5c
4%c
5c
7%
8
8c
500
Corp class A
B
United
class
United
Mar
8c
1 Feb
?May
Waite
2.30
Jan
Wekusko
3.50
Feb
Westeel
Jan
Weston
28
21
.i.
'
•"
>
7
Aug
10
Jan i
8c
10
:•
Jan
8% May
Aug
12c,
Jun
29
60
,
Apr
30
Feb
25
«i
Jun
16'
Jun
50
48%
48%
48'%
25
15%
15%
15%
285
•
1.37
1.36
1.41
3,025
Hill
**■45%-Apr';
49% Jun
13 % Mar
16% May
;
•
1.15
Marft
7%
7%
700
1.57
1.63
4,838
1.50 July
5.85
2,330
5.15 Mar
1.95 Apr
5 % Mar A,.,
8 % May
;V:V;
2.35
4-!--—-—Ll-.—iJ*
£'85
5.70
9.00,
8.80
9.00
Jan
7.20
5,225
4.60
Jan
Feb
9.45 Aug
Feb
Walker
4,300
30
21
25
preferred-^
Amulet-—---————*
Aug
44c 46 %c
63c
Apr
■
2.30 Aug
310
A
Steel
1.80
2,770
,30
21
Upper^Canada Mines-^t—.ml*>
46c -Jan
20c
Keno
16 %c
1.85
Mar
7
'
Fuel
Aug
2.40
30
*
—
preferred
4c
1.80
35c
1,144
8c
5,000
2.38
6
•
Jan
1.82
100
100
1
25%
2.40
125
2,100
37c
7'A
7%c Jan
'
I
36C
7%
Jun
1.55
36c
;
Mining
United
July
Apr
100
•
Union
Feb
1.48
.'—50
——*
Union Gas
Jan
70c
Feb
28
5c
1
Gold
-
Mar
1.30
1
—
common
Teck-Hughes
Aug
Mar
1
Crow Gold Mines
Pioneer
700
4%c Feb
5c
*
Porcupine
Jan
•
Gold
Ventures' Ltd
Engravers
Apr
39c
6,800
—1
Mines-——
Gold
River
United
Photo
55c
39c
■y y
Taylor,.^eaison; common.-
48c
6
—1
—1
Paymaster Cons Mines.
Mar
25'Ac Aug
38c
26c 26 %c
Jan
500
._1
Pen-Rey Gold Mines
101 %
—
——————;--r- -i—50c
Sylvanite
Jan
595
1.30
„1
Mar
Mar
"
*
Bteep Rock Iron Mines
Sullivan
B
Cadillac
18
96
24
6"%
100
.
common—
Jan
8c
•
Porcupine Mines Ltd-
75
30
9'/2 July
55
i '
Co
Class
Pandora
23 y4
a
Jun
6%
18 %c
1
Page Hershey Tubes
Pamour
23
100% 100 y4
__
May
6
*
1
,-
10
28%
53c
Radio
8c
1
10
28%
e
Standard
10c
1.40 Mar
■
4,200
16,500
5c
—
flOrenada Gold
10
(1944)
Chemical
May
28%
1.36
Paving preferred
/
Omnitrans
Jun
16
Thompson-Lundmark Gold Mines——*
2,600
•
16%
Jun
38c
24c
Jun
38c
r,v
38c45%c
2%c 2%c
Mar
11% Mar
35c
26 %c
24c
May
4c
1.70
*
———
Malartic
'11%
240
350
•
Standard
*.'» \.;iv.
39c
—1
Apr
28,050
Malartic Mines
Mines
'■
1.23 May
3.20
15 %
A
Jun
52
1.50 Mar
6%c
-42C^-42C\
Mar
1.43 Mar
1
1.50 May
10%c Aug
5c
•
98c
Jun
July
39c51%C
Gold
Preferred
July
16%c
Apr
Mar
15c
4%C-
Feb
"
2.90
5c
23%
49c
—
Springer Sturgeon
10c
Feb
'•
.Toburn. Gold
'fpOkalta
Pickle
10
•
Jun
12c
;--V•
..
-
11940)
Ogama-Rockland
V
45
100
16c
11%C'
J;\V
Orlac
11 y4
B
Sladen
5%c
—1
Northern Canada Minesv,,.^«i.-.
'.-.'•O'Brien bold
11%
£\-.\
-
.
__50c
A
20%
Jan
15c
z
Mines
49
class A
Simpson's Ltd class
Feb
Taku
Inca Gold
44'% Mar
——,
:
Silverwood Dairies
31c
■
Northland
25
1
15%C Aug
'
2.91
——
Mines
735
certificates
31 %c July
48
Malartic
Norseman
,
trust
2,500
64,000
6c
;'
r-
fx
103 V2
Mar
High
22%
47%
Mining
19,025
.>1
--2.,-
75c
Low
22%
common
1.70 Aug
56c
Aug
8c;
25c
43,990'
Range Since January 1
High
47%
Silver Miller Mines
A
15c 'f
■_—t
Nordon Corp
.
Voting
Jan
2.99
Apr
Gold-„__1
Breweries
Silanco
26% May
2.06
Low
*
Gordon
•
Jan
102%
Normetal Mining"
i—.A
V i Norpick Gold Mines-Li—---^--,--<1
'•;*1
Creek
Shares
•
Jun
13% May.
'2.07
;
North
Sheep
Sherritt
class
Steel
Norbenite
»_■
Apr
for Week
100
Brewery
Mar
570
Far
—
Wpg
Jun
37c
500
17C
Mines
Noranda Mines
,
76
27
Jun
15%
102%
Nipissing
-.-■Sr.ty,.-
Shea's
18 % May
Mar
,
10c
10,100
Preferred
May
11%
23%
..
——
^
Vfc-:,"'
Shawinlgan Water & Power
Sales
Range
of Prices
Sale Price
Preferred
Rouyn Merger
Nib Yellowknife
jr
73
13c
1
New
■
54c
Mar
14
26%
__100
preferred
Qnltf
Pacalta
28c
14%
28%
•
1
New
High
15% Jan
10%
I
Nicholson
3,010
72%
14%
*
Car
Mines
Marlon
'1
13% Aug
15%
11c
*
New Jason
::■
34c
*
Calumet
New
15
100
26%
.
5
common
(Wm)
New
■
'0.
1
Mines
Neilsons
14
32c
72%^
.•
preferred
Sewer
National
Low
STOCKS—
Sick's
National Grocers
National
33c
25'
;
.
Mylamaque Mines
National
High
13%
15
Moore Corp common
Preferred
Range Since January 1
Week's
Last
»
Shares
.
Knitting
Moneta Porcupine
Montreal Locomotive
:
Low
Friday
for Week
of Prices
43
27
Sales
Range
Sale Price
(879)
MARKETS
RANGE FOR WEEK ENDED AUGUST
Friday
-
(Hiram)
(G
&
W).
26%
Consolidated
26%
26%
125
10c 10 %c
10c
Products
7,000
34
34
24
Mar
31% May
9c
Aug
19 %c Mar
26%
35
Feb
34
Aug
Feb
28
jJan
'
Porcupine
Powell
Reef
Gold
1
River
44c
37c
July
56c
*
44%
44%
45
550
37
Feb
45% July
1
13%
13%
13%
200
10%
Feb
17% May
(Geo)
•
com
Preferred
k;
24%
100
25
200
22
99
99
100
185
97% Mar
101%
Jan
'
Pressced
Preston
Purdy
Metals
East Dome
Mica
Purity
1
Mines
1
Flour Mills preferred
—
40
1.60
3,550
1.50 July
5%c
1,000
5%c Jan
8%c Mar
51
54% Mar
85
5,000
55c
Mar
90c
Feb
77c
_
51
70c
75c
82c
6,700
52c
Mar
90c
Aug
1
40C
•
14
Mining
Macdonald
1
1.80
1.75
3,645
14
802
39c
July
10% Mar
400
1
5c
5c
3,000
l
2.40
2.40
300
8
8
25
6%c
6%c
500
6c
July
13c 14 %c
3,500
13c
8
Mines
Textiles
class
A
*
Gold
8
73c
Richmac
Gold
Robinson
(Little)
Rochette
Gold
(1936)
1
-
*
common
14C
10%
10%
10%
80
2,000
9,100
1.02
86c
Jan
Feb
Apr
2.15 May
9c
Jan
Feb
3.00
7% Aug
8%,
4c
2.30
*
Roxana
Oils
Royal Bank
Royalite Oil
Rupununi
Russell
'0
27c
27c
30c
—
u
Mines
Industries
common.
Paper—
17%
1st preferred
25
133
18
100
10c 11 %c
17%
7,050
17%
200
99
Aug
28c,
Mar
11 %
660
15
95
Apr
20
30
19
Aug
2.60
2.72
500
2.60
18C
9c
Apr
17c
23c
Aug
49c
18c
18c
500
18c
5c
13
Feb
Mar
Feb
20
23c
19
4,060
55o
2,000
3%c Aug
6% Jun
••
6 %
l
Bridge
Senator Rouyn Ltd
6%
-
50
25
26% Aug
14%
14%
275
14% Aug
Apr
Jan
2.90 Jan
Aug
5c
40c
May
9c
Jan
8%
t
Feb
81c
;
Jan
'
>'
Exchange-Curb Section
Friday
Week's
Sales
Range
Sale Price
Jan
July
Jan
May
Par
Asbestos Corp
Brown
Co
26% Aug
14% Aug
——
Canada
Canada
&
100
Dominion
81%
80
80
Aug
85
Aug
43%
255
43
Aug
44
Aug
Sugar-:.
Vinegars
for Week
of Prices
Shares
Range Since January 1
Crown
—
112
__
Loio
26
26
25
4%
4%
825
108%
112
500
19
19
Lumber
Paper
25
3%
80
115
12%
12%
12%
22
22
no
—
2%
2%
100
150
150
55
4%
4'A
2,325
19%
19%
100
———3
*
Oil
150
4%
—
967
8
8
50
—
3.00
3.25
135
—
High
Jan
30
10
6 %
Jan
Mar
115 %
Jun
20
3%
Mar
July
24%
Jan
3
July
165
Jun
y.: 1.50 Apr
134
Jun
14
Mar
19% Mar
r
May
Feb
15% Apr
5
22
1
Vickers preferred
Dominion
—
High
—*
Canadian Marconi
Consolidated
*
L010
—*
Industries
Canadian Western
80
*
1
common
Preferred
Canadian
26%
24
Jun
58c
5c
'
16
'28f% July
•10^'
2.25 July
55c
STOCKS—
Jan
25%
■m
Canadian Funds
May
23% Mar
Feb
'Feb
Feb
4% May
14% Mar
21 % May
8
Aug
;
8
Aug
~
1
Sannorm
Sarnia
20%
•
Jun
.
San Antonio Cold Mines Ltd
Mines
Mar
27%
Feb
43%
—
1
11c
98 y4
Toronto Stock
Jan
Canadian
m.
Jun
1
Mines
Girl
Knitting class A
Feb
13c
26%
14%
Apr
5c
k12c
Jun
•
new
i* 2nd preferred new
49
1
24%
18
10c
Corp 1st pfd new
preferred new
St Lawrence
'
10c
10
St Lawrence
2nd
10c
*
Co
10c
10c
2,500
20
Last
1
-
May
5%c
98%
1
Bear
Mar
6c
26%
*
Mines
Yankee
5c
5
:
Combing
Wright-Hargreaves
Yellowknife
5,500
1,000
100
common
Preferred
Ymir
26%
7c
7c
5c
Winnipeg Electric
Wool
15% May
6c
7c
Wingait Gold
York
1.80
Regcourt Gold
7c
.
Yellorex
40c 42 %c
13%
Aug
Renabie
Reno
Jan
51
Quemont
Renfrew
2.10
66c
Queenston Gold
Reeves
1.51
5%c
66c
Quebec Labrador
Quebec Manitou
1.57
Wiltsey-Coghlan
Winchester Larder
*
1
3.25
3.05
3.25
2,710
3.00 Aug
7%c
8c
2,000
7%c July
17c
15
15
15
66
14
May
14%
Apr
43c
43c
45c
7,500
38c
Mar
67 %c
Feb
4.35
Feb
Jan
Foothills
Oil
International
•
Paper
common
Langley's Ltd preferred
Minnesota & Ontario Paper
Southwest Petroleum
2.60 Jun
4.10
Jan
•
66
63%
66'A
1,712
46
Mar
100
51
51
51
15
45
Apr
61
•
24'/a
24%
24'A
485
20
Feb
28
Jun
May
45c
45c
600
26c
Feb
60c
May
*
—
70%
y
Jun
.-.flit
For footnotes
see
page 44.
OVER-THE-COUNTER SECURITIES
Quotations
Monday, August 30, 1948
CHRONICLE
THE ' COMMERCIAL * & * FINANCIAL
(880)
44
.
for Friday August 27
Obligations Of Government Agencies
Investing Companies
Figures after decimal point represent one or more 32nds of a point
,Mutual Fundi--, -v:'
.
Inc
Holding Corp
Fund
Affiliated
Araerex
Corp
Beneficial
Blair
Inv
1
Fund Inc
Corp
Green
Bowling
Invest
Street
Broad
Fund-.-—:
Christiana Securities
<
Home
5%
Paper
4
4%
Petroleum
8.59
16.65
17.58
Steel
3.90
Mutual
30.93
4.42
First
—1
26.10
11.90
First
Corp--
1.60
13.50
9.05
0.78
-■:
Series—
Fully
9.87
tr 6.43
7.05
7.29
'7.99
9.71
10.64
——1
-1
shares
'Mining
Railroad Bond
1 Steel
8.37
8 31
5.47
8.74
equipment
5.94
8.06
':
'Tobacco.
Petroleum & Trading
5.79
Putnam
5.73
4.13
Fund Inc
4.49
Russell Berg
4.90
5.32
Seudder, Stevens &
4.41
4.76
23.61
lc
8.73
1.68
4 Fund
shares—
lc
* Insurance Group shares—_lc
S Stocks and Bond Group—i.lc
Group
1.72
•
State-Street Investment
9.57
Trusteed
1.02
92c
7.52
United
Income
Wall
Whitehall
S-l
(Speculative Bonds)—1
(Income pfd Stocks)
1
(Appreciation pfd Stks)_l
(Quality common 8tks).l
10.54
8-2
(Income
B-4
Stocks)—1
com
v
26.58
12.70
8-3 .(Appreciation comStks)_l
4.87
•V S-4 (Low Priced com Stks)—1 1
.: 5.27
Knickerbocker Fund
1
1.00%
1.01%
1.02%
9.65
18.60
16.06
TOO
Bid
-
Ask
23%
^.10
100
;
309
324
<
40%
17.37,
Second Fund
.10
45.87
46.81
Insurance
Manufacturers
Trust
42%
; 144(4
Morgan
& Co
-
Trust
l"~
.■
Co
20
■■
1,
25
Agricultural
79
1
2.46
61
American
Automobile
Casualty
American
Equitable>Assur
American
Fidelity <fc
American
Newark.
American of
5
ll7/s
5
I6V2
Casualty.5
2%
12%
xl5%
American '.Re-Insurance.;
Reserve
American
Surety
American
20%
38%
29(4
10 !/ 22 >4
j—25
58%
10
34 •.•
10
Home
Shippers
Bankers ft
Boston,
i
-
■
.
'
25
LlO ;
"
.
5
Connecticut General Life
-10
Continental
Casualty——-—10
Crum & Forster Inc
10
56V2
Public Nat'l- Bank- ft Trust_17%
39%
81
Sterling
15%
Title
76
•.
7%
33
35
United
r, TO
,
,
.
■
.
.
B
26%
28
10
93%
97%
37
41
1
>
Convertible
$1.05
46
10
Merchant-Fire
•
5
Merchants & Mfrs
>28%'
'27%'
•.5%:
4
National Union
«6%^
New
Amsterdam
Hampshire
X28%
(Detroit)—TO
10
Fire
442
_5
Casualty—.
67%
57%
141
Federal
Fidelity
Fire
Assn
Fireman's
of
Phila
Fund
of
Frisco
Firemen's of Newark
10
10
5
53
67
10
New
York
■'*
•
44
.
North
River
'29%
:
43%
14%
22%
.12.50
■
23%
6%
5
Northern
81
52%
34
f 12%
2.50
Northeastern
%
m
25
98
103
10
48
10
77
Preferred Accident
1..
5
28%
10
10
Hartford
Steamboller
10 —32
105
Republic
.
102%
;
103%
5
Elec
1978
3s-.
97%
101
Jersey BelL Tel 3%s—1988
102%
103%
100%
101%
——1978
:
Ohio Public .Service 3%s
101
.1978
33%
.
2
5%
10
27%
75%
'
"
v
•
-
v
.
•
.
San Diego Gas & El 3s—.1978
Southern California Edison-*-
.•
aoi%
•
.
,
Power
Wise-Michigan
■
100%
101%
j
>101%
4
;
100%
101%
1978
3s
IOOV2
101'A
v
Bid
Central
Illinois
Pub
Service__10
3.70% preferred —
,—100
86
89
- \ v«
*- 'O,yw*
Public Service. .(Indiana)-.■ ■• •■:3.50% preferred
Public Service of New
100
75
Mexlco_7
15
■:/'
52
Surity
Security (New Haven)
Springfield Fire & Marine
9(4
-
10
49
10
25%
4%%
*-
preferred ——100
13%
«
100y*
Texas Eastern Transmission
[ Tucker Corp "A"—
'
10
40 y4
42%
Standard Accident
10
29%
31 ya
78
100
U S Fidelity & Guaranty Co
U S Fire
30%
»
34 'J-.
Odd lot
U S Guarantee
Westchester
change.
dividend.
x
Travelers
31%
a
included
Fire
543
.
'
12%:
;:
4%,
.
3%
—I
'
-
2
4
50
53
71
75
(not Included in year's range)
range),
e
j b Big yield price, d Deferred delivery sales (not
Ex-interest.' f Plat .price, k Admitted to listing on N. Y. Stock Ex¬
Admitted to trading N. Y. Curb,
(Un) Admitted
Ex dividend,
Unlisted
to
y Ex-rights,
z
r
Cash sales
Trading
(not Included In year's range)
privileges. ■" w d WUen
Ex-stock dividend.
delivered,
w i
,
t Ex-stock
Whan
issued
1
49
10
n
sale
year's
558
47
In
2.50
—32%
.-84%
•No
dividend
par
paid
value,
on
tin
May
default.
10.
IThese
.^
bonds
)are
subject
to
all
Federal taxes.
;
■
12%
•
>»«t't
98
97
"
:
27%
.
78
15%''
Tennessee Gas Transm's'n Co—
Ask
13%
V
-.•'•■■•
-
-
99%-
.28"
-
•
Pennsylvania .Electric—
-l
Consumers Power 4.52% pfd-—*
.
.
I
4
Btoeka-r?par
105%-
pfd—^100
-v—
„
I
1978
3s
Power
'
.
.
:
.
Pacific Gas>^ Jilectrio— ■•'■"' f
5% redeemable preferredJ—25
27%:
>
^»
loo1^
104
;
■
.100
.
—
-
1973 7 100%
3s series B——
78%
(Texas)
57/B
preferred
1
29%
12%
(N Y)
>4.50%
;
PacifioPwrft ldght s%»—-1977:
105
.
Stat6!Electrlcf-ft'Gas—■'''■■
Okla Gas ft El 5%%
3s>
103%
,
i
.'
100%
v
103
New England Gas-ft Elec—
-N'T
1978
.94%,-.
94
-101
•
101%
100%
-91
107%
Kansas City«Power -ft- Light—
i
101(4
96%
England Power 3s
Power
-89%
106
*
4% preferred —————«.I00
7^ Vk'-v"
—
100(4
S%—1978
4%
31%
10
;\V'vV?
Corp
Seaboard
23
108
.,.,
3%
*
45%
Fire
,
1
.
New
79
Phoenix
26%
Hartford
8%
585
555
14%
43 %
Hanover Fire
41%
.79
•
-;Ufa#7;;hi*
;
.Stocks—
:
51
Reinsurance
24%
8%
.100
Trust
Ind'polis Pow ft Lt 5% pld—100
*« c,
.f
.. -
;■
West Penn
Fire
Providence-Washington
Glens
20
73
29%
:
j
v,.
Indemnity Co
56
101
General Reinsurance Corp
10
0
Globe & Republic
5
Globe dc Rutgers Fire com—15
2nd preferred
15
Oreat American
5
States
^prgfgrrpri
.7%
Pacific
St Paul Fire & Marine
Falls
Co—
ft Nashville 3%s-2003.
Narragansett
Ohio
;33%
27%
40%.
.8
Fire.
61
146
13%
12
Kentucky UtUitiea4%%-
Louisiana Pow ft Lt
28 %>
T-
31%
i2
Fire
I
■
Louisville
25%
-
»Ask
New
National Causalty
National Fire
33%
70%
31%
Reinsurance—^j-10
—1
10
ft Deposit of Md
20
Employers
25
Trust
&
.Florida PomJb Lt^pfd.108
Cudahy Packing 2%s1967
96
Georgha Power *ft L|7 J%a-L-1977 7102% 7
-<23 ■••"'
.26%
preferred.5
5
Assur
48
'•21 %
Pacific
Employees Group Assoc
National
Guarantee
•
Security Issues
Bid
94%
1977
3s series N—-----——1978
.14%"
13%
Massachusetts, -.Bonding
Z
.•
.
5
CommonwealthEidson
20
$2.10 Prior preferred
—
,; 19
18
78
50%
32
41%
,.89%.
.
14% 'T
' 78
,
A
>
;86%,
:
78
54'/a
50
.10 7
Ask
Insur Co of North America
21%
41%
13% z
18
14%.;
16%
31(4
24(4
60 %
37
V
V
Fire
Camden
73
58
Bid
Jersey Insurance of N Y
New
Automobile
New York Trust.------^^--26
43 V2
41>/2
;
Maryland Casualty common
10
.4
Alliance
American
-12%
City Bank
• '51 >/2
215
x209
*39%
2.51
65
.■
-100
,
12.77
,-JPW.
48 %
46% ;<
20
Inc
♦47%'
-45%
49%'
l26
Co
3.48
1955
Ask'.;
83
'46
44
P)
1,500
.100 1,470
:
,
'
17%
.
23% ^ ; 24%
Arkansas Pow ft.Lt 2%s
10
10
10
(J
National
;
.
Trust
.
30
16('4
Continental Bank & Trust
;_10:
Corn Exchange Bank ftTrust-20
Companies
i
_
County -Trust——
Lawyers
37%
■
Recent
Surety
Kings
.;:*■»■
Trust
.283
28
10
Irving
-
7.00
.
Series 1956
insurance.
Trust
fndustriaLBank of Commerce.10
.
90%
Fiduciary • Trust
6.86
Independence Trust Shares
Sayles
Life-
■-Ask
1,335
274
.100
North Amer Trust Shares—
Loomis
Casualty <fc
Bid
.100 1,275 *
35%
Federation Bank ft Trust
5.78
Series
Aetna
Guaranty
42%
104
101
Bank
National
:
5.32
98.34
Aetna
1.04%.
'
2.50
96.37
Aetna
1.04% <
i Par
First
25%
87%
Commercial National .Bank ft.
9.85
17.04
1
Series E
Mutual Fund—*
v;
.
Chemical Bank/&• Trust,.—-i.ie
10.85
9.98
Shares—
Trustee
Sayiea
-Bid
1948.
1.04%
bl.09
'
1948..
20,
1.03%
bl.09
1948
12,
18,
vi.'.
■■(.,
:•
Central Hanover Bank ft Trust 20
Bank
157
8.65
Type Trusts-
Loomis
-Par
1.03%
IT .03
bl.09
Chase National
21.80
»
'
Inc
Fund
Diversified
13.86
\
NOV.
'Nov
1.02%
,1.03 %
^bl.08
1948.
4,
07
bl',08
28,'1948..
NOV.
s
bi
1948.
14,
21,* 1948...
Empire Trust
15.84
(5:
)Par
Co._10
Manhattan
Brooklyn Trust
6.34
19.64
1
the
of
Bankers Trust
-1
Street Investing Corp
Unit
29.0Q
14.52
Oct.
bl.07
.
24.26
'
0.98%
bl.07
1948
>Oct.
bl.06
1948_,—
7,
'Oct.
0.95%
bl.06
—
0.95%
b'1.06
Bank of New York
17.82
16.33
22.23
Bid
c;, Ask,
bl.06
1948—
'
19.45
■;7.91
Shares—
Wellington Fund
9.65
Fund
1.60%
(Nov.
>89e
'
14.60
17.89
K-2
80c
6.86
26.42
Oct.
Bank
14.28
28.51
2,
Sept. 9. 1948.
Sept. 16. 1948
Sept. 23. 1948
51.00
17.79
16.40
bl.75
Bid
Sept.
;ij21.23
24.22
2-49
1.45%
82c
B
27.27
5-
6.98
74C
48.00
——I
■■Series C
1
Union Preferred Stock Fund—-1
Union Common Stock Fund
_1
Bonds)
Priced
2-48
.
Industry-Sharei..iit25o
1
(Low
; K-l
.
1
ulOc
Corp.*
series A——1
Grade
(Medium
1.55%
8-
11.97
Union
Bds)—1
B-2
B-3
;bl.70
.
20 V2
6.37
14.65
Keystone Custodian Funds— ^■
,B-1 (Investment Bonds)
1
1-49
28.12
11.06
29.24
Bond Fund
4-
3.22
;
19%
13.37
Series
1-49
1-49
1-48
United States Treasury rfiilis
85C
76c
2-
3-
7-
49.98
2(4
Boston—1
Shareholders Trust of
1.55%
1-48
1-48
i
1.55%
16.22
26.15
26.81
Investors Management
bl.60
10.08
2.94
Clark
Shares
Selected Amer
24.88
T
Boston—1
Fund—1
Investment Trust of
1-48
«
1
America
of
Co
Investment
12-
Sept.' 30.
Inc——.—
Sovereign Investors
7 Bank
1-48
9.55
.
15.08
1
1
Republic Investors Fund
Standard Utilities
Ltd—
Group shares
Aviation
3-
25
6
1
Fund
(Geo)
5.28
Shares
Institutional
1.55%
7.75
-i
10.02
"a
1.40%
2.70
4.62
5.33
5
Fund
Investors
-X
———
2.47
<
8.71
;
4.25
lc
Income Foundation
Incorporated
8.04
V
.7.07
.
bl.60
6.44
6.95
„■•
6.34
v
1-48
5-
I 6-
1_55 %
;
13.03
r
5.88
1
Utility
11-
•,'.48.78'
11.89
1
1
Railroad
6.95
7.41
-lc
Inc
Fund
Plan
Railroad
.Public
9.01
6.40
1-48
9.71
8.86
■
1.40%
6-
1.50%
bl.70
1.55%
1.35%
1-48
12.10
•
Fund—1
bl.55
bl.60
10-
1- 2-48
10.65
9.72
'17.14
9.97
9 50
——
-1
10c
shares
shares.,
Utility
Howe
Metals
i Pacific Coast Invest
1-48
1-48
1.50%
bl.65
10.78
9.84
')
1
—1
1011-
sbl.65
1.55 %
1.35%
1-48
2-48'
Ask
Bid
1-3-49
1-48
2.04
■
11.04
Machinery
Merchandising
bl.55
52-
'■4-
Due 1
-^>.Dated.-.
1.55%
11.91'
;
8.25
1
stock
Insurance
,
Rate
'
1.25%
1.45%
12.15
11.09
Ask
.
bl.45
1-48-
1.55%
1.35%
13.71
„,10.87
8.06
i-lc
.—ulc
shares—
Tobacco
J
7.72
lc
shares
shares
Equipment shares
Railroad stock shares
'
8.11
lc
lc
RR
Petroleum
t
6.68
7.43
Diversified Investment Fund-l
5.48
7.48
12.61
1 Bid
Due '
lr47
12-
1.45%
11.26
.Diversified preferred stock—1
jElectricial equipment—1
11.18
5.04
lc
wlc
*c
shares
Merchandising
*
6.15
10.32
Industry
10.61
1.25%
11.93
1
series
bond
Diversified
8.78
.9692
'
Dated
Bate
9.52
10.89
1
,—
8.69
1
supply
.Corporate
6.32
.9714
99.9523
1949
1,
Federal Intermediate Credit Bank Debentures
stock
Bank
6.70
5.82
shares.lc
Low
»
6.17'
8.10
11 y8s July
.0274
.0274
100.0186
-
99.9564
1949
1,
June
16.72
—
Aviation
7.44
100.0186
1, 1948 Series J
1, 1948 Series K
1949
1,
1, 1949__
4.10
—1
Fund
England
6.73
shares—ulc
Institutional bond
Investing Company
Priced shares
.
5.90
York Stocks Inc—
47.65
shares lc
Industrial Machinery
lis Oct.
lis Oct.
11'/as
1949
1,
Mar.
4.13
1
6 86
tlVs
1
■
Ask
.0260
'.0202
.0144
.0350
15.69
New
5.63
'
.0257
'
Bid
100.0153
100.0117
100.0043
100.0174
6.97
3.75
1
lc
shares..
General bond
1
,s
'
3.78
New
2.05
Feb.
tl'/as
.0273
.
Indebtedness—
Certificates of
3.81
6.38
,
—1
'Agriculture
shares—-—---—--—^
Administered- shares—ic
Food
121
t' *,
1, 1949
tl%s Apr.
5.08
>
5.45
..1
'Automobile
:
7.15
14.63
Building
Equipment shares ic
119%
1961
\
tiy«s Jan.
7.65
Low Priced Com Stock Series 1
6.12
5.25
Building shares
Chemical shares-——---—ic
Electrical
Other Issues
Certificates of Indebtedness—
.0852
1% 100.0185
ttJvn. it 1949--——1%% 100.0155
7.37
7.00
_1
5.84
w
Automobile shares
Aviation
shares
■'
■
3.49
44.31
ic
''•
6.54
4.65
15.76
-
■ "
.,..1
Chemical
*
——
1949
Maturity—
Ask
.1%% 100.0652
ISept. 15, 1948.
tOct. 1, 1948
29'/2
14.38'
*
Securities—
Agricultural shares
"
—1
Series
Series
Bid
Treasury Notes—
:
6.74
—1
Series- —1
Series
1
Bond
Stock
Int. Rate
>
14.50
—1
Selected Group Series
4.10
1.88
—1
Corp
Industrial Stock Series
17.00
5,50
Group
1949
22,
Price
Dollar
Maturity—
Stock Series
26.02
27%
J
Trust
Capital
General
General Investors
July
U. S. Certificates of Indebtedness
Securities—
Investors
Preferred
26.90
Boston
Fundamental
Fundamental
20,' 1949—
15.
Apr.
1.65s
•
15.90
Priced
Low
16.60
3.94
,
1
Investors Inc——*
Trust shares A—i
—
Panama Canal'3s
12.86
14.60
Inc
series
Bond
6.27
1590
'
1,
28-26
.1
...1
Fund—
Fund
National Security
147
24.88
Inc-l
1, 1953-1951
1955-1053
2y4s Feb.
4.87
Balanced Fund
National
2,890
24.34
Corp
Mutual Trust Fund-
Ask
8.21
Natlon-Wide
14.68
13.57
1
Iric_-Fidelity Fund Inc
Financial Industrial Fund
B«d
99.30 ,100.1
10J.2
100.5
99.31
100.2
99.31
100.2
1948
5.10
7.49
Invest
Income
Fund-<-
Stock
«
15,
5.05
28.77
Equity Fund
X%S Jan.
4.36
_lc
Speculative
*
Jan.
4.53
Bond Fund Inc.. 10c
shares
Mass Investors 2d
*
Sept.
Banks—
Loan
Home
iy»s
l%s
100
98.4
98.20
100.24
3.98
4.63
-lc
Mass Investors Trust
18.00
1.46
Howard—
Fund
3,05
4.11
shares
Federal
Ask
99.24
97.24
. 98.8
100.12
4.75
3.61
■>
shares
Manhattan
19.29
com—100 2,790
142
T
?
5.77
1
15.19
Balanced
3.55
4.55
4.31
Bid
'
v
1%8 Oct. 1, 1950-1948—
1%S May 1, 1952-1950
20.90
8 58
Commonwealth Investment
Delaware
Fund
Dividend Shares
la ton Sc
3.22
4.13
-lc
Metals
None-Ferrous
98.74
19.33
Chemical
Preferred
8.42
94.79
1
1
4.42
Industries shares..-lc
Furnishings shares—-lc
16.78
:
3.98
4.01
General
4%
1i
Ltd
Canadian Inv Fund Ltd
Century
Snares Trust
Fund
Bullock
7.79
--1
10c
5
Inc
TO
15.44
America
Tr of
Fund
Boston
6%
*
Corp
Holdings
Bond
Drug shares
Electrical Equipment
Standard Oilstocks
Shares series A
2
Axe-Houghton Fund Inc———1
Axe-Houghton Fund B
5
Associated
3.01
shares.lc
lc
shares.lo
Business Equipment
4.24
3.87
;
lc
shares
Automobile
27%
25%
Federal Land Bank Bonds—
Managed Funds—
4.53
4.14
<
Shares——1
Business
American
,1
-10
5.78
5.22
--1
Securities
Aeronautical
tot
Ask
Bid
*•
Ask
Bid
lEx
$«•
aasn
Volume 168
Number 4729
•
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(881)
45
Week Ended Aug. 21
'•\,-y:.rV;-yyy^vV
THE COURSE OF BANK CLEARINGS
Bank
i
clearings this week will
Preliminary figures compiled by
..
show
increase
an
based
us,
compared
1947.
At this
parativc
/(/yy.
a
■
center there is
I
for the week follows:
summary
//vy "//
,y
1
i ■>";
York
//,'//'
■•/
■
•//
*.
,
1947
*
•
$6,447,841,156
4—566,717.656
Boston
533,959,012
"
.
City
%
—
..
Bt. Louis
i
■
8an Francisco
<
J.
——
376,851,352; + 8.0
*
1
■_/;/
'
1
•"
Ten
231,084,682
193,632,428
]
"
?*"'
*
!
Tnt.a1 all r.ltte« fnr meelr
\
%
3,099,089
1,902,243
+
33.9
5,630,581
7,832,857
+ 55.8
6,110,132
5,497,157
3,645,888
+31.1
775,587,711
1,104,930,992
...
Fifth
i
>
.Cl
....
y
10,318,951
159,282,949
—26.4
21.0
133,896,0+2
121,547,740
287,504,690
+ 18.6
246,345,799
237,833,039
37,419,300
23,583,400
+ 58.7
18,040,100
+
5,335,334
5,286,780
5,283,969
4,349,403
+ 21.5
20,056,300
3,593,089
>
6,864,193
6f038.750
+ 13.7
-5,481,180
4,124,021
.
309,235,778
259,188,448
+ 19.3
251,476,883
255,324,418
•
.
..
West
Federal
Reserve
900,113,573
750,266,591
+20.0
666,284,627
645.226,958
District—Richmond—
Virginia—Huntington
3,070,860
4.0.
9.1
+
.'yy
,
9,600,000
112,297,644
2,646,132
224,177,528
196,101,486
+ 14.3
70,062,389
63,141,367
-455,152,984
386,120,082
s
v
.
,
1
-
District of Columbia—Washington...
;
29.0
+
1,966,018
7,206,609
1,380,704
+ 14.4
+ 27.8
113,902,173
101,026.251
+ 26.9
2,900,761
2,153,064
+ 11.0
167,035,979
55,072,348
'42,068,073
+17.9
348,083,888
300,878,198
6,095,000
148,155,106
~
Total (6 Cities)
.\yy
,
2,333,453
10.982,000
143,563,255
3,358,281
;
Richmond—
South Carolina—Charleston
Maryland—Baltimore
+29ii»
>
3,009,531
,
; I
$12,320,124,272*,
$19^6(1,1.41/tmft
;
1.7
+
•
•
695,985,685
|
\
,
+
•
•r.
'
340,982,551
Total (7 Cities)
^
|-
?12,*S22,74l
■
.j
843,149,287..
1,657,749
7,589,746
192,738.036
-
—.
Virginia—Norfolk
—
^116,319,640 ;
,
770,959,727
It'
%
+ 15.0
6,319,935
12,205,223
Pennsylvania—Pittsburgh
"+12.0
$12,073,192,27t$ll,607,801,531/*
—.
—
*
*
3,975,642
8,464,805
Youngstown
:
' +37,0
>
$9,491,481,891/;
: 2,741,249,41Q
Total all cities, five days——.
All cities, one day**i
^
4.573,388
-w......*
1,706,776
' +13.5
172,928,600
•—«V $9,331,942,861
Other cities f lvc daysL——w-l
•
1,971,553
Cleveland
v
297,307,000/ —11.4
'V? 252,172,135V+17.2
v' 310,499,288
■
—
cities, live days
+ 25.2
.
216,200,000
263,512,570
'.V V
Baltimore—
+ 33.0
2,008,822
Columbus
727,000,000 :• +20.4
295,457,027
CieVelahd,
*
3,749,130
2,045,530
3,389,630
Jersey—Trenton
*
'\y
+ 14.6
4,987,986
Obio-Canton
;
.
236,037,754 ^+32.7
245.558.000
—_
Pittsburgh
(4 ;
+ 31.0
Cincinnati
'
■
2,683,985
+ 15.8
2,748,920
Fourth Federal Reserve
District—Cleveland—
:
y + 6.1/
313,319,600
■
1,718,675
674,000,000
3,057,806
810,000,000
;
9.2
407,060,932 -,
,
:
jw.
_
875,060,000
1,256,306
'
♦-
£
1,266,516
755,262
2,408,432
748,000,000
3,149,353
Mansfield
1
_.
Kansas
•
1948
649.790
1,216,024
+ 12.9
2,515,209
Total (11 Cities)
-
t C.;'
$5,855,185,960
—
Philadelphia
.
com-
:A;y;'^^:^V^'
Chicago—
;
Our
961,478
+ 14.3
973,879
3,540,204
;
Delaware—Wilmington
New
—16.5
1,048,911
1,062,000,000
-«
...
_York
in
V v*,.
-
,
"•
Clearings—-Returns by Telegraph
Week Ended Aug. 28
a
v-
jU:y
/
week
same
:
1,433,385
1,198,501
Wllkes-Barre
;•
$
1,197,065
....
Philadelphia..
Reading
Scranton
;
■
1946
Dec. %
1,099,178
Bethlehem...
-
Inc. or
$
>
Distrieth-Pbiladelphia—
Chester
Saturday, Aug; 28, clearings
loss for the week ended Friday of 4.3%.
a
Reserve
Pennsylvania—Altoona
ago.
above those of the corresponding week last year.> Our prelim-
-
■*New
year
possible to obtain weekly clear¬
inary total stands at $12,850,151,998 against $12,320,124,272 for the
v
a
Federal
Lancaster
cities of the country, indicate that for the week ended
for all cities of the United States from which it is
ings will be 4.3%
with
Third
t.
$
,
..
1947
1948
'
'
-
;v.yi f.y.l yt>y ^
telegraphic advices from the chief
upon
•v-
4.3
'
V;;"
yy yyy, y . /-,y
y •.
y/
.Complete arid .exact details for the week covered by the! foregoing will appear
In our,issue of next"weefcyWe-'csinnot furhlsh IheiA
today, inasmuch a^ the week
>
y Sixth Fedefal Reserve District—Atlanta—
Tennessee—Knoxvilla..-.
Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the :above ;the last day: of the week in alt "cases has tol be estimated.,
!! ~
we
Aug. 21.
For' that week there
was
an
increase of
11.2%,
the]aggregate of
of
crease
The Cleveland Reserve District has to its credit
an
In the
"
t
r
$■')
*
in¬
furnish
we
'<•)
'
'T
*
,
*a*'v A.
'
cities)...—....
Federal
Reserve
"
v
's
" 7
Kf
/
ff
...
'
185,009
87,853,439
551,307,472
+18.3
512,484,561
416,825,301
District—Chleage—
1,551,295
+
+ 23.8
1,253,461
10,752,118
8,744,536
1,046,800
647,836
23.0
7,184,885
5,111,183
7.7
3,938.855
3,899,339
+
6,227,284
■
—
4,508,100
+ 34.8
4,083,803
3,060,440
42,160,000
+ 22.6
36,522,000
29,475,000
+ 34.0
3,956,775
14,589,873
4,763,066
10,988,564
+ 32.8
10,152,567
10,154,495
62,785,002
51,860,589
+ 21.1
44,116,986
34,664,599
;
3,505.279
'25,652,060
+
7.0
2,972,150
2,385,865
25,157,427
+
2.0
19,051,683
15,214,035
12,942,019
;
•
"
12,401,971
.+
4.4
8,068,266
7,389,793
'924,948 .'*•+ 22.3
820,742
+ 10.5
588,888,456
571,791
494,649,790
Illinois—Bloomington
•
3,275,578
1,131,613
Chicago—
:
720,122,501
651,497,777
':y.rDecatut^^^iiy^^.^.^.^;:ry .' "y 2,670,680
2,684,394
y
Peoria—.
—
3,837,768
■
0.5
1,740,592
11,047,044
'."y
9.829,226
+ 12.4
4,106,111
+ 17.0
1,710,247
7,186,893
4,804,353
3,421,376
6,361,056
"
Springfield—
''
'1
'
4,525,896
314,826
106,663,765
652,249,521
/
;DesMoines.*.y..^iyy^iVc:
Sioux City
3,473,200
+ 11.2
+12.0
254,400,000
+ 16.5
96,038,518
+
33.4
224,300,000
84,084,046
68,515,356
+ 18.9
58,591,667
1,799,241
1,806,513
—.o:*
507,092,361
,
843,505,413
*81,446,796
'
—
3,122,381
044,938,388
296,300,000
128,146,324
Total /17 f.ltlesl.
'
,
5,158,674
V
+ 41.4
+ 20.6
...
Iowa—Cedar Rapids
by Federal Reserve Districts:
a summary
K
t
70,721,021
287,486
Wisconsin—Milwaukee
-V
1,250,404
49,088,382
58,510,214
107,526,935
Terre Haute_...i
In the Kansas City Reserve District the totals are larger
\\
?
+ 28.0
2,498,138
2,136,172
67,958,793
r
21.7
406,519
Rockford
V(1. *
;
•
,
„
5,500,948
7,042,089;
+ 22.6
+
13,582.934
129,702,849
y-: Lansing^^...w-^.^i^y.i^^yu:-yyy 5,747,933'
Indiana—Fort Wayne
6,078,141
Indianapolis
...........—.uw51,704,000
South Bend........^........,,.^.
6,380,377
*
following
'
*
+ 26.1
y,;,
Grand Rapids
^yby 12.5%yin the DaUas Reserve Districtby;45.4% and^^in^the^^ jSan Francisco Reserve
17.5%,
2,818,996
'67,214,606
75,355,771
13,145,892
y
Seventh
In the Chicago Reserve District ,the totals register an improve¬
12.0%, in the St. Louis Reserve District of- 20.7% and in the Minneapolis
•District by
3,455,700
81,833,444
95,021,211
Michigan—Ann Arbor
20.0%, the Richmond Reserve District of 17.9% and the Atianta Reserve
Reserve; District 17:0%.
+ 22.2
,
+ i
—1_--
yy+yy
District of 18.3%.
ment of
Mobile
Total (10
gain of 3.4%, in the Boston Reserve District Of 12.7% and in the Philadelphia
Reserve District of 31.1%.
3,382,379
•»
.
Louisiana—New Orleans
city) the totals record
a
161,200,000
Mississippi—Vicksburg
the cities according to the Federal Reserve Districts in which
they are located > and
from this it appears that in New York District
(including .this
u
38,130,885
191,700,000
3,275,377
Alabama—Birmingham
ciedrings for the - whole country having amounted to $13,813,966,904 against $12,423,328,385 in the same week In. 1947. Outside of this city- there was a gairi of 19.6%,
the bank clearings at this center having recorded an increase of 2.7%.
We group
'
51,410,441
+ 14.9
4,131,997
Macon
*
ended
+
+ 14.1
210,700,000
Augusta
■
7.2
16,021,326
62,499,025
; 242,200,000
Florida—Jacksonville
In •' the elaborate detailed statement, however, which we present further below
are able to give final and complete results for the week
previous — the week
,
'
17,172,693
71,283,019
Georgia—Atlanta
ends
*
-
Nashville
420,760,387
+20.7
2,403,251 V
1,887,905
745,556,080
-
2,151,728
623,172,870
SUMMARY OP BANK .CLEARINGS
Federal
Reserve
Districts
1948
Week Ended Aug. 21
-1st
Boston—^..*—T„
2nd
New
.—
12
Cleveland
r-'7 ";
Tth
bhitago
0th
9th
10th
—
-.
Kansas City_
4
7
.
10
.
750,260,591
+ 20.0
455,102,984
386,120,b82
+ 17.9
551,307,472
+ 18.3
Francisco—.
«
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
695,089,085
10
f
666,284,627
?
645,226,958
348,083,888
Total (4 cities).....^—
!
y 416,825,301
944,938,388
843,505,413
+ 12.0
745,556,080
420,760,387
+ 20.7
368,183,111
425,938,301
363,965,093
+17.0
322,677,118
233,807,128
II
520,316,606
462,413,723
+ 12.5
^
+ 45.4
185,659,816
849,690,497
828,828,824
705,229,610
13,813,960,904
12,423,328,385
7,457,028,745
6,237,303,331
+17.5
South Dakota—Aberdeen
616,230,227
544,572,138
11.2
11,916,122,331
i. 5
;
5,563,603,347
1947
$0
y»
Inc.
yM
1,586,239
4,114,203
Fall River———.—
4,005,534
;
452,607,868
.
402,461,444
1,609,805
2,033,589
v^-
-■
y Springfield
or
Rhode
-■
Dec. %
Island---Providence^M.~.^~«M
New Hampshire—Manchester
■:
SeMad
federal
V ft. '
.
+ 15.8
1,402,082
omahfi
1,047,746
2.7
3,658,405
390,648,248
371,178,027
1,618,584
..y..
;y
+ 26.3
711,073
9.8
654,056
1,692,735
yy 5,134,365
+17.0
322,677,118
233,807,128
1,874,841
2,051,331*
363,965,093
City—
258,738
+
503,224
+ 29.3
473,311
'377,573
+ 12.4
4,931,129
4,836,122
8.3
89,267,841
"
+
5,309,533
11,174,308
6,933,786
12,011,933
*'V,
0.7
422,849
5,991,499
114,545,568
•
+
255,408
.
80,444,133
+ 30.6
5,431,918
7.5
6,753,453
254,948,277
7,110,528
242,304,168
5,067,419
'
353,847,561
11,471,527
2,286,771
+ 13.7
9,949,868
+ 15.3
7,223,518
6,951,563
1,894,253
+ 20.7
'1,500,491
• 1,931,261
1,452,530
+ 33.0
1,426,923
1,205,231
1,134,722
520,316,606
462,413,723
+12.5
372,212,269
349,690,497
6,691,979
4.900t855
+ 36.5
267,115,831
—
Pueblo
311,170,091
181,520,000
+ 47.2
4,690,774
152,159,000
16,284,-106
113,269,000
'
,
Total (10 cities)
1,368,393
+
6,948,118
+ 27.8
5,098,424
4,323,642
3,994,794
+ 43.8
3v«50,365
3,074,143
21,823,108
2.4
18,471,492
15,497,243
10,766,039
7,809,216
+ 37.9
7,630,756
6,611,285
'
23,592,800
-
1,'287,594
+
21,842,200
+
8.0
21.52U00
+
0.2
1,053,984
Eleventh Federal Reserve District—DallasTexas—Austin....
...—
Dallas
-
19,177,711
Galveston.....^......—6,468,000
4,177,000
+ 54.8
3,936,000
3,121,000
Wichita Falls
736,981
474,079,908
+12.7
457,000,331
2,746.109
13,476,980
+ 35.0
3,166,170
7,504,110
+ 38.8
9,913,041
32.1
1,785,099
6,804,837
5,932,052
320,463,360
220,445,846
+45.4
185,659,816
,140,109,875
107,545,571
4,524,051
+ 19.5
91,667,983
102,261,485
—16.1
3,365,103
+ 63.4
93,639,510
83,142,740
+ 26.3
35,384,355
8,184,287
30,225,922
9,281.167
y- Fort
15,833,000
1,285,537
;
25,881,202
Worth—; '
'
4,393,307
+
1,564,734
424,710,044
(6 cities)
—»yy
*
'■ y
15,442,620
0,691,562
+ 59.3
10,796,085
2,021,291
+ 47.6
1,832,765
70/642,023
+ 15.7
72,628,603
4,558,619
; 1,372,490
+ 13.6
1,986,557
2,213,620
—10.3
92,133,668
1
;
,
y y
8,469,137
i
•
.
6,186,025,054
2.7
15,783,748
+ 34.7
15,337,518
Syracuse
12,383,286
/ 10,285,169
+ 20.4
8,341,005
Connecticut—Stamford..—:—
New Jersey—Montclair
'
10,530,118
13,933,820
528,979
639,090y
Newark
42,282,626,
Northern New Jersey
57,828,557
+
+ 32.3
+
20.8,'
.
0,283,102
/
599,711
,
486,414
37,442,726
+ 13.2
33,264,123
z
+ 25.9
38,875,703
37,308,790
Pasadena
•
—
y
—
Total (10 Cites)
-■
^
"
-
■
'V ■; ■■■
6,618,565,064
6,401,484,973
+
3.4
6,546,162,192
5,788,557,459
+
1.3
6,486,479
5,683,669
+
4.1
356,421,566
295,048,967
6.4
9,983,383
8,353,637
—
3,598,712
+ 36.4
3,351,725
2,188,140
9,923,665
8,388,206
+ 18.3
7.745,836
5,579,836
i
■
^ 828,828,824
■
v.
•
705,229,610
+17.5
616,230,227
13,813,966,904
7,457,928,745
12,423,328,385
+ 11.2
6,237,303,331
+ 19.6
11,916,122,331
5,563,603,347
j
544,572.138
•
—
Cutside New York
«£»»,
+ 17.6
2,806,575
4,909,921
;
'•+
393,222,924
11,957,940
11,194,461
y
—
6,965,443
409,155,665
y
—
8tockton
Grand Total (112 cities)
Total 12 cities)
-y •'
—
8anta Barbara
i
—
—-
y 8an Jose
10,770,987
7,054,884
y
:
—
111,941,558
47,928,416
9,156,789
182,951,408
60,516,203
—
San Francisco
,
26,829,209
45,948,193
,
128,554,066
3,797,564
.<•■■■'
.....
California—Long Beach
r
8,379,856
/ /;//
District—faa Frandsc
Oregon—Portland
12,573,296
5,551,272
—
Utah—Salt Lake City
5.619,984,303
y
Reserve
Yakima
1,342,404
1,611,497
6,352,518,984
21,255,227
Federal
Washington—Seattle
64,428,960
(: 1,320,979
6,856,038,159
New York
Twelfth
1,502,321
y
.1.302,594
Rochester....
^
6,761,117
—
Colorado—Colorado Springs
628,869
+ 26.3
2,982,635
Buffalo
1
8.1
+ 38.7
51,772,107
Reserve Dlitrlsi—New Terk—
Bingham ton
y.
+
-y124,024,530
;
1,116,216
+
1,602,780
534,776,930
y; New York—Albany
Jamestown
8,128,112
,
650,615
6,732,971
Missouri—Kansas City
St. Joseph
3,293,599
+ 12.5
2,085,363
y.,.-;'- [ \ V; ..V -v.-; •-.C \ ■ >vi,■-
y Xlmlra,
2,329,585
425,651
Kansas—Topeka
Total
]&
;
50.9
-
Louisiana—Shreveport-.^..—^..M
TOtal (12 cities)
2,884,404
+
425,938,301
Hastings
Lincoln...—.—*......—.».»■+
•yy.0
22,347,015
:y*
+ 18.0
2,901,955
Tenth Federal Reserve District—Kansas
1945
7,592,309
Connecticut—Hartford—
3,383,367
Nebraska—Fremont
5,730,835
Worcester, ..,7;..
New ^fa-Vow
3,510,932
6,244,297
3,901,127
Total (7 cities)
Aug. 21
780,823
ffeW Bedford-:-.-:
4,690,467
4,215,316
4,377,751
8,788,455
+ 19.8
4,848,195,859
+
showing the figures for each city for the
1,836,492
—
Massachusetts—
'
165,248,235
8,061,481
...
Helena....*—....
10,468,180,162
+ 19.6
+ 32.7
+ 15.2
259,535,478
77,959,781
-
Montana—Billings
Reserve District—Baaton-
Maine—Bangor
304,644,609
03,389,272
-
North Dakota—'Fargo^«.a*....^*^*
140,109,875
'
5,812,103
7,715,423
299,014,792
St. Paul.——
Wichita
.
368,183,111;
5,217,525
234,708,754
66,085,266
a
District—Minneapolis—
Minneapolis
372,212,269
220,445,846
;
II
1948
First Federal
Reserve
Minnesota—DulUth——..-
It
cities
Federal
Ninth
304,644,609
Week Ended
de*r!ngg »t—
43,144,944
1,014,905
623,172,870
jy, 507,C92,361
II
Aug. 21, for four years:
*
81,884,760
1,207,398 )
300,878,198
512,484,961.
II
add our detailed statement
now
—
178,600,000
1
,
II
York City—.
week ended
-1
424,710.044
5,788,557.459
;
««
320,463,360
.
—112
We
843,149,287
;y 0,540,162,192
+ 31.1
775,587,711
—__—.
New
Outside
4-
Missouri—St. Louis
II
—
San
Total
.
17
.—
Minneapolis
12th
10
..
—.
Sty Louis—,
11th Dallas
6
—
-
457,000,331
.
3.4
6,401,484,973
652,249,521
4th
Atlanta
+ 12.7
Eighth Federal Reserve District—St. Louie—
$
000,113,573
.—11
1945
1946
or
1,104,930,992
Philadelphia
Richmond
474,679,008
«
6,618,565,064
8rd
5th
Inc.
Dec. %
,y 534,776,930
York
6th
1947
$
'.V-.
..
tiff
r
w'l-M
'
10,468,180,162
4,848,195,859
Monday, August 30, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(882)
46
REDEMPTION
PARTIAL
Company and Issue—
Foreign Exchange Hates
Tariff Act of 1930, the Federal Reserve Bank certifies daily
buying rate for cable transfers in the different countries of the world. We
Secretary of the Treasury the
i
■
,
AUG.
,
—Sep
1
643
1
148
—.—;—Sep
1
247
.—Sep
1
438
■;[[ 1st and ref. mortgage 4 V* % bonds, ser. D, due 1962JSep •_ 1
Cities Service Co.; 5% gold debentures, due 1958
-Oct 1
/
-
52461
Noon
and Monetary Unit
Soya Co., Inc., 3%
&
Western
Cleveland
Argentina, peso—
For
For
.251247*
.200000*
franc
cruzeiro
Brazil,
.297733*
.297733*
.251247*
.251247*
3.212296
.022831
.054406
.054406
1.000000
43
-Sep
1
644
1
15
1
448
Columbus
1st
1.000000
1.000000
Official
1.000000
.926375
.926875
.925859
Free
.925625
uo
• *
.926875
.—
—
Colombia,
peso
.—
Czechoslovakia, koruna——-——
Denmark,
[England,
pound
Hygrade
Free
>j['S i'
Dominion of,
[India,
Mexico,
—
—y-
.003270*
.301691
.301691
.376250
.376250
l.COOOOO
1.000000
1.000000
1.000000
Portland
Cement
1
449
1
1
1
§2580
A
—Sep
.
1S50__—Dec
1st mtge. 4s, due
stock
preferred
6'A%
Co.,
Oct
1
1
853
548
§2793
Union Depot
Paul
Co.—
1st and ref. mortgage series B, 3'/s% bds., due 1971__Oct
Safeway Stores. Inc., 5% preferred stock
Oct
Ward Baking Co.—
* '
l''•
5%% 25-year debentures (subordinated), due 1970~-JOct
.376250
255
4
• *
-----—
.201580
.040325
.040331
.040325
Butte
.091324
.091324
.091324
.091324
Centerville
.273235
.278235
.278235
.278235
.278235
.233629
.233629
.233629
Closed
4.007500
4.007500
4.007500
uu
I
j
**
♦ ♦
**
Paga*
Date
..
1—Oct
1958
1
RR.—
Power
Water
due 1951
1st mtge. 5s,
Co.,
July 15
Any time
^
Sep
8
1934_„_
Service—
mortgage 3V4S,
I
1962_
52142
..
.
series A, due
643
Co., Louisville Ky.—
due 1989
_Oct
1
Gilbert
(A. C.)
Co., preference stock
_Oct
1
Illinois Power Co., 5% convertible preferred stock
Sep 17
New York Gas & Electric Light, Heat & Power Co.—
income
**
uu
**
u*
.
Cumberland Apuartment
4.007500
—
Electric
1st
.233629
4.007500
■*.
.233629
.
due
5s,
Maine
&
.201580
'
CALLED
ISSUE
Corp.—
Equipment trust certificates No. 6 of
.201580
,040331
.040331
——
mortgage
Boston
.3.991542
.201580
.091324
—■—
1st
.923125
3.991542
3.991542
3.991542
ENTIRE
Company and Issue—
Falls Hydro-Electric
Bellows
•
.923333
.924375
.924375
V
Closed
——
,[
.004671*
.376187
.924375
Uruguay, peso—
Noncontrolled
.004671*
.301691
.201580
Controlled
Saint
.003267*
.376187
3.991542
—
bonds,
'___Oct
6%
convertible
series
4.031484
'
Zealand,
Norway, krone—
Portugal,
escudo
*
546
UP
:
—
Bpain, peseta.—_—...
Sweden, krona—1
Switzerland, franc
Union of South Africa, pound—
stock,
Pacific
.003265*
1.000000
Official
preferred
Minneapolis Gas Light Co.,
.208533
.004671*
43
.
Corp.—
mortgage
1949
.020060
•
.
.
due
B.
4.031484
.003267*
,v
Newfoundland, dollar—
New
and
.208533
.301691 "
.003265*
—
Products
refunding
A
.020060
4.031484
^
1970
.208533
.004671*
-i-
—_
guilder
due
Co.—
Merritt-Chapman & Scott Corp.—
6 'A %
•
.301691
rupee——
peso—
Netherlands,
'
•
.004671*
———
——
—
3'As,
Food
and
series
-
—
—————
Electric
Ohio
.020060
4.031484
Closed
4.031484
sterling—
Official
series B
.208533
————
(Metropolitan), franc—
France
Southern
&
Oct
Oct
series A
bonds,
bonds,
.020060
.020060
—■
.203533
krone
5 V2 %
mortgage
1st
1.000000
Co.—
District Electric Co., 1st mtge. 3'As, due 1969_Sep
Firestone Tire & Rubber Co., 4'A % series preferred stk.Nov
Hartford Electric Light Co., 3'A% deoentures, due 1971-Sep
.022331
'.0544C6
RR.—
Empire
3.212296
.022829
—
1
1
.200000*
.200000*
.200000*
3.212296
.054406
dollar—
Canada,
Indiana
mortgage 5%
3.212296
Closed
.054406
*—1—
.
mortgage
1st
.022331
■
.023832
[Belgium,
1st
$
.251247*
...
.200000*
,
'•
3.212296
pound
Australia,
.251247*
1947
debentures^
Terminals
Aug. 26
$
.297733*
.297733*
.297733*
"regular" products—.
"non-regular" products
certain industrial products——:—
For
$
'
Union
Aug. 25
Aug. 24
$
Aug. 23
Aug. 21
Aug. 20
[•:+;:fe[ $
dated
bonds
6Vi%
mortgage
Central
,
New York
Buying Rate for Cable Transfers In
Value in United States Money
serial
mortgage
Chicago
Country
Paga
Date
Church—
Carolina, Clinchfield & Ohio Ry.—
1st mortgage 4s, series A, due 1965
UNDER TARIFF ACT OF 1930
1948, INCLUSIVE
AUG. 26,
1048 TO
20,
Methodist Episcopal
the
bonds——————————Oct
1st
1st
FEDERAL RESERVE BANK TO TREASURY
CERTIFIED BY
RATES
EXCHANGE
'
:
and Kansas Educational
(Trustees of)
of
Bethlehem Foundry & Machine Co.—
the week just passed:
give below a record for
POREIGN
Association
of Section 522 of the
Pursuant to the requirements
to the
Baker University
*•
3s,
Purchase
Ohio
12004
§1591
1, '49
549
Aug 31 -[•
256
1950-Sep
1
Anytime
4% bonds, due 1949
6% debenture bonds, due
money
—
Power
Co.,
251
' ' *
t
2024
Jun.
•
♦"Temporarily omitted
rate.
•Nominal
Peabody
Coal
Tennessee
Statement of Condition of the 12 Federal
Reserve Banks Combined
$64,000,000.
Aug, 18; 7
1947
$
v
*
+
10,002.
Assets—
21,837,672
■611,921
certificates-
^Redemption
notes
fund' for
R.
F.
Aug. 27,
1948
1948
542
—
1,996,480
+
71,021
—
Borrowings increased in most of the district, the prin¬
cipal increases being $37,000,000 in Chicago, $13,000,000
in the Richmond District, and $12,OOQ,000 >eacfc in New
••v-—?—
Total
Other
and
Discounts
22,345
+
7 107
.
———
7,051,057
5,013,339
—
—
1,808,300
7,587,369
—
-
Bonds
r,
J
+:, 189,378
York City and
1,036
—
A
Certificates
j
+
795
-
1,925,459
11,025
+
2,916
__
Notes ■
;.i'
9,460,
+
securities:
Govt,
Bills
--
+
323,938
:■
advances
Industrial loans
"U. 8.
22,449,593
270,758
gold ctf/reserves
cash
—
—7,097,471
—1,855.877
—103,900
—115,068
+
21,460,005
177,613
+
6,867,679
—
loans
Due from
F. R.
foreign
Notes
Other
of
securities—
21,784,798
49
banks—
other
banks
130.424
;
items
Uncollected
Bank
and
2,434,400
premises—
rr,.
assets
v
32,465
,
164,355
_
458,327
68,203
—
3",700
-
„24
—
4,748
+
620
105,849
Loans
to
assets,-
47,268,842
+1.777.134
—460,214
V
) U.
-
S.
brokers
Federal
Other
Reserve
notes—
361.268
23,864,218
+
1,570
—
bank—reserve
acct.
17,667,895
+
65,375
+
1,174,849
U.
Treasurer—gen.
3.
acct.
''1,901,838
61,466
+
986,601
Foreign—
370,547
;
—
472,213
—
Other
deposits
—
20,412,493
availability items
liab.,
23,236
—
99,500
—
170.286
Other
110,017
U.
—118,827
13.794
—349,257
+
1,866
46,510,296
-404,648
2,225,791
incl. accrued divs.
+
+
>
—
1,881,147
U.
liabilities-
Cash
Capital
Accounts—
(Section
Burplus
(Section
13b»
—
,
of
serves,
note
gold
to
respondents
—
to
+
36,637
47,266,842
make
4,419
+
—460,214
r-1
R.
Time
+
50.7%
1,777,134
0.2%
2.7 %
■■
to
during
cor¬
3,623
+
+
+
237
10
12
+
—
—
1,710
87
86
—
5,160
+
178
1,040
30
.
15
64
—
+
230
32
—
—
2,270
+
+
+
+
15
,
—
28
—
U
•
46,746
14,877
1,516
—
291
•
6,275
+
85
2,492
+
8,914
The
dividends
Abbott
Laboratories
Condition Statement of Member Banks
—
347
4
107
—
3
24
~
+
Ball
Increased
$2.50
industrial, and agricultural loans in¬
creased $18,000,000 in New York City, $15,000,000 in the
San Francisco District, $13,000,000 in the
Chicago Dis- '
trict, and $59,000,000 at all reporting member banks.
common
stocks
NOTICE
Company and Issue—
Lackawanna Laundry
OF
(closed)
■
.National
;J!:l;
Union
Mortgage
Date
mtge. 6'As_Sep
1
Page
Sugar
1975_
United States Radiator Corp.,
Jan
1
Jan
l
preferred stock———Sep 39:-
9-15
9- 8
1 9-
(quar.)
Co.
(Pa.)
Cable
9-15
9-20
9- 7
10-1"-;
10- 1
10- 1
9- 7
9-16
9-18
9-27
9-28
9-14
9-14
'
10 ri9-23
9-15
9- 3
9-15"
9- 3
20c
(quar.)
Co., com.
'
10-
75c
(Del.)_
(quar.)
*'?■,
* 9- 1
#9- 1
10- 1
62l/r>c
12V2c
$1.25
Co.
8
9- 3
*'10- 1
30c
35c
Extra
10c
$1.25
50c
9-15
10-15
Quarterly
$1.25
9-15
9- 1
American &
$1.75
$1.50
9-15
9-15
9- 3
9- 3
9-2
preferred (quar.)
American Department Stpres
American District
(quar.)______
Telegraph Co.
(N. J.)
American General Insurance
American
Hardware
American
Hoist
American
Home
&
7%
Locker
Co.,
American
preferred
&*
10- 1
Co.,
A
preferred—.
(quar.)
10c
35c
$1.75
common
(accum.)
$5 pfd.
$1.25
$1.50
_
American
Snuff
Co.,
preferred
Refining Co.
(irreg.)_
(quar.)_
Stamping
Co.
Products
Gas
$1.50
_'
9-10
8-31
9-» 9
9- 9
9-7
9-7
9- 3
9- 2
9-2
20c
9-30
9-22
8-31
1 9-
9-17
? 9-15
3
8-21
.
(quar.)
preferred
1
9-14
12 Vfec
30c
(irreg.)
(quar.)
(quar.)
Corp.—
Milling
Natural
$1.50
50c
common
9-
"
9-30
9-10
10-1 ;i
10- 1
10- 1
10- 1
9-24 *5
10- 1'
10- 1
$1.50
(accum.)
&
9-10
9-10
10c
class
Light,
Smelting
6%
50c
(quar.)
Power
American
25c "
Co
non-cum.
Locomotive
preferred
$6
6%
*
<quar.)___
9-12
10- 1
25c
(monthly)
Derrick
Products-
American Ice Co.,
American
Corp.
(quar.)
(Texas)
9- 3
9-23
-
—
Foreign Power, $7 pfd, (accum.)
preferred (accum.)
$6
15c
9-24
9-10
56'Ac
37'/2c
30c
Constable
Corp,
(quar.)
Manufacturing Corp.—
% $2.25 preferred
(quar.)_
Avery (B. F.) & Sons, 8% pfd. (quar.)
9-30
I2V2C
Arnold
11- 1
10- 1
„ 10-15
Avcc
Babbitt
,<B.
T.V,
Inc.
Wilcox
8c
Bangor
Aroostook
&
"'v5%
Co..
&
5%
1st
RR.
pfd.
Lornb
Optical
preferred
Co.—
'
Bliss
5%
&
-
10-15
0-28
9-14
9-30
9-30
9-20
12'Ac
9-30
Corp.,
(quar.)
common
Gas
preferred
Co..
10- 1
25c
(quar,)
+
+
9- 8
9-15
9-20
9-20
Mfg.
50c
(H.
C.)
Co.,
(quar.)
9-24
9-9
9-24
9- 9
25c
9-30
9-18
37V2C
common
preferred
9- 5
8-23
9-30
87'Ac
(quar.).
Co.:
Laughlin, Inc.,
convertible
9-15
9- 1
50c
Decker
30c
common
preferred
_________
prior
preferred
548
Botany
Mills,
common
548
5 %
preferred
6%
prior preferred
(initial)
(quar.)
9-18
9-15
50c
;
10- 1
10- 1
9-15
31'Ac
4^
-
"
$1.37'A
,
—
(quar.)—
--
- - '
Inc.—
5'/?%
652 +•)>
10- 1
9- 8;'
10- 1*
9-15
io- 1 % 9-15
$1
25c
$3.50 prior
&
9-10
50c
f$2
convertible
Birmingham
Black
9-10
9-10g
Appliances___—_—57'Ac
Home
Extra
:;
+
p
9-27
$1.25
25c
—_
Co., common
(quar.).
Bingham-Hcrbrand
5%
1
,
Creek RR.
Co.
(quar.)
Telephone Co. of Canada (quar.)
Bendix
10-
$2.50
(accum.)
9-20
10*' 1
$1
(quar.)"
preferred
Bausch
(quar.)
Co.___
Brick
Corp.—
20-year collateral trust bonds, series A, due 1954
interest, notes 'unattached to bonds)
«npr.joi
"
5%
V Bohack
—Sep 16
9-15
'
$1.50
Casualty
American Chain 8c
547
*
due
1
9-15
75c
8%c
(quar.).
Extra,,
■
Lehigh & New England RR.— ■ *
1st mortgage 3%
bonds, series B,
Y,)
(quar.)
;
Extra
American
TENDER
,v*
Co., Inc., 1st
(N.
Beech
called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
and
1
10-
25c
(quar.) —•
(quar.)
American Aggregates, 5%
preferred
American Agricultural Chemical Co.
Bell
preferred
10-
*
preferred
conv.
Holdere
Bearing—
Agricultural Insurance Co.
4%
bonds, notes,
When
Payable of Rec.
7V2C
Ahlberg Bearing Co., class A
Allianceware, Inc.,
common
Arkansas
list of corporate
a
*
*
are:
Per
20c
Farms
Notices
v
table in
G5c
auar.)
(quar.)
quar.
Arcady
'.
second
Share
Extra
Post
21,618
Below will be found
Commercial,
Roller
&
Anchor
Redemption Galls and Sinking Fund
weekly reporting member
Federal Reserve System in leading cities
shows the following principal changes for the week
■ended Aug. 18: An increase of $237,000,000 in holdings of
Treasury bills, a decrease of $230,000,000 in reserves with
Federal Reserve Banks, and an increase of $107,000,000
in borrowings.
^«Holdings of-Treasury bills increased $126,000,000 in
week
this
\
(increased
Baltimore
The condition statement of
\
announced
Corp.
except
week
banks of the
$124,000,000 at all reporting
a
15c
Electric
Babcock
member banks.
follow with
we
Extra
accounts,
Govt,
8.
+
+
68
—
1,389
249
it
deposit accounts,
U.
+
+
34
415
611
tBeginning June 30, 1948, individual loan items are reported gross,
i.e., before deduction, of valuation reserves, instead of net as previously,
reported. Year-ago figures have been adjusted to a gross basis. *Aug.
11 figures revised (San Francisco District).
1,179
Uoans to brokers and dealers for purchasing or carrying
United States Government securities decreased $116,000,000 in New York City and
Then
American
l—
and
—
—
■
banks
demand
40
21
46
+
10
10
164.
show the dividends
we
American
adjusted
JVol.
declared.
6%
1,529
•
indus-
trial
—
12,985
Banks
deposits,
interbank
bills
—
589
9
4,405
Reserve
Borrowings
'
■
95
244
771
deposits
Domestic
'.7;*'
+
745
+
25,814
—
Federal
except Government
U. S. Government deposits
Debits
combined
liability
on
purchased for foreign
Commitments
88
75 573
17
+
+
+
vault
Demand
re¬
F.
■Contingent
...
-.
+
2,318
4,218
2.554
-
Foreign banks
certificate
deposit and
liabilities
+
+
246
+
2
7
96
—
3,789
Interbank demand deposits:
Total liabilities & cap. accts.
Ratio
8,366
15
+
1
Liabilities-
5,953
"+
27,543
—
Other, capital accounts'
■L
448]l89
190,241
7)—
387
—
34,904
securities—total
.
with
—
12
—
500
bills
in
124
+
3,694
346
—
notes
—
250
-
;
Balances with domestic banks
Capital paid in———
'Surplus
167.
are
week.
Amalgamated
217
obligations
loans
securities
Reserve
+1,7 26,090
2,505
carrying:
bonds
8.
+
securities
loans
Treasury
2,701
59
pur¬
Treasury certificates of indebtedness
208,912
+
464
Government
Government
S.
for
dealers
and
to banks
Loans
Other
Total
V
8.
3,317
14,872
for purchasing or
estate
Treasury
Total
Deferred
Other
—
Real
+
securities
Other
Member
57
carrying:
Government obligations
loans
U.
Deposits:
+
+
r
—
or
Other
Liabilities—
+
247
3,198
+
and agricultural
—
.
chasing
Total
§Vol.
previously announced, but
which have not yet been paid, Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
Aetna
365
57.
63,399
24,090
-
Loans—grosst
industrial,
loans
-
Commercial,
,
'
which
Acme
1947
24,332
Investments—total
Loans—net
9,526
183,035
+
Sep
165.
grouped in two separate tables. In the
bring together all the dividends announced the
we
current
Aug. 20,
(In millions of dollars)
and
Loans
53
—412,811
Sep
stock
tVol.
this issue.
Name of Company
Dec. (—) Since
Aug. 11,
'1948*
1948
646,669
Assets—
Total
first
inc. ( + ) or
Aug. 18,
90,655"
—
in
■
'
Total U. S. Govt, securities-
Corp.—
DIVIDENDS
Dividends
member banks follows:
1,439,000
+
49,300
—
Districts.
reporting
the Boston and Philadephia
due
preferred stock
series preferred
•Announcement
of the assets and liabilities of
summary
series
,
$68,000,000.
-_w
'
Utilities
dividend
$2.75
preferred stock
1st mortgage 6s, ser. A,
Co.,
dividend
$3
City District, $30,000,000 in the
Kansas
decrease (- —) since
Gold
.
the
Cleveland Dis¬
trict, $40,000,000 at all reporting member banks, and
decreased $41,000,000 in the Richmond District.
United
States Government deposits increased $46,000,000 and
demand deposits credited to domestic banks decreased
Increase (+) or
Aug. 25,
' adjusted increased $38,000,000 in
Demand deposits
(In thousand! of dollars)
Gas
Public
United
Francisco District,
$30,000,000 in the Kansas City District, $28,000,000 in the
Chicago District, and $237,000,000 at all reporting mem¬
ber banks.
Holdings of "other securities"
increased
City, $58,000,000 in the San
New York
6%
Co.,
10,-1
9-15
37'Ao-i 10- l-^J-15 '
'
Per
Name
,
Federal
Class
(interim)
Registered (interim)
preferred (s-a)
i
9-30
$25c
9-15
9-2
Is
&
Bolt
Buffalo
Mfg. Co. (quar.)
(increased quar.)
Sharpe
Co.
(quar.)
Canadian
15c
9-14
8-31
9-10
37j/2C
9-10
y
-
v.
class
Central
Co.
Dock
;,C;Y7%" preferred
General
3
General
Mills,
10-15
9-30
pfd.
preferred
4%
2nd
Co.
Colonial Ice
preferred B
Colorado
Fuel &
Columbia
Baking,
3.60%
-
9-
3
9-
3
Gisholt
9-10
9-
3
Glen
9-
/
9-
4
Hall
9-14
9-
4
Haloid
9-15
9-25
1
10-
1
9-17
:
10- 1
9-20
Hathaway
10-
9-20
Hein-Werner
9-
Helme
25c
1
9-30
25C
10-
1
9-15
12y2C
JO-
1
9-15
'
25c
10-
I
4% %
7
90c
9-30
9-
7
37 Vic
9-30
9-
8
15c
9-15
8-31
9-30
9-13
Hotels
9-15
9-
10c
.
9-29
9-29
$1.25
L.)
$1.12
10- 1
1-2-49
25c
_
•'
(s-a)
9-
Packing,
&
Rio
preferred
4%%
1
Ice
\ #5 %
lOdde
10-
5
9-15
Kingsport
10-
Kleinert
(I.
Landers,
9-30
-9-15
Leath & Company
9-15
(quar.).
$1.50
(quar.)—
Co.Wquar.)
increased
Shepard Co.. (irreg.)
&
Dairies,
Ltd.,
50c
Co.,
9-
2
Lone
Star
9-24
Lord
&
9-
MacKinnon
9-10
1
8-27
9r 1
8-18
$l
-8-24
10-15
_
10-15
9-30
$25C
10-15
(quar.)
(quar.).
a
435C
•
81 %c
10-15
10-
10-15
10-
-4%%
prior
Eastern
1
10-
Iron
& Howard
8c Howard
Stock
Eddy
1
Boat.
Electric
Controller
Ferries,
"6%
■
prior
Electric
f
Electrical
Elliott
Mfg.
preferred
Power
&
preferred
$7
-
&
Inc.,
(irreg.)
tquar.)
(Calif.)
-
p-
Extra
-.i
;
Ewa
Products
Plantation
Exchange
Fabricon
10-
1
Co.
(s-a)
Corp.
Y
(quan).... 1.
'\\4 k
Players Canadian Corp.,'Ltd.
Quarterly.
11
■r?
$5 4:
-
,
9-15
8-31
9-30
9-10
9-30
9-10,
9-10
quar.)
$12'/2c
Company
$10c
10-1
(quar.)
Corp.
Y
Co.,
r
•
9-9
9-15
50c
9-
Common
3
9-
-
3
Mission
Class
Modine
9-
4
Monroe
9-15
9-
10-15
10-15
9-30 >
9-30 .
10-15
9-20
2
9- 4*
60c
10- 1
9-10
5% >
Co.
(quar.)
Equipment Co.—
preferred
(quar.)
Corp.
Y
Products
tY
'
Telephone
*
9-16
9-
9-11
.?
10- 1
50c Y 10-11
Y 9-17
Sugar,
Co.'(Hawaii)
9-20
50c
(quar.)
3
L-Xi 15c
9-13
j
10- 1
10- 1
-•
8-31
8-27
9-14
9-10
9-
1
9-15
9-
1
9-15
•
9- 3
:
9-15
?
10-
1
10-
1.
9-
3
9-20
9-20
9-10
9-30
9-30
9-10
9-15
8-31
9-
8-24
'
1
9-
9-15 Y
8-31,
'
1
8-21
9-10
10-1
-
9-10
/
,
8-20
9-15
.8-31
*
•
9-30
•tt-25
9-17
9-7
fl-10
9-15
10-
9-14
1
11-12
10-10
,
1
12-
9-23
8-33
10-10
9-
9-
8-27
3.
9-15
4c
Y
9-
9-15 Y
9-» I
Mr-
9-15
1
I
'
8-31
;
8-16
1
8-23
62'/2c
68%c
lOrT
9-20
1
9-30
$2
50c
62c
9-28
9-
8
9-23
9-
8
9-
15c
(s-a)—
10-
9-15
10-.1
9-30 y
9-
9-30
9-
5
5
j: ; 8-30
9-
3
S
$1
12c
9-15
9-
$1.50
9-15
9-6
Y
Royalty
Co...
Engineering
3%%
preferred A
Loan
&
9-30
9-27
9-27
18^0
9-30
437'/2c
9-15
8-31
93^0
Corp.,
class
vClass B „—
0%
preferred -(quar.)'
Steak-n-Shake, Inc. (quar.)
Stearns
Mfg. Co.—
Stonecutter
Mills, class A
10-15
9-24
£0c
9-15
9-
1
4,4 20c
37Vbc
5c
10c
10c
9-15
9-
I
9-15
9-
>
A
—.
I—.*—
-
B
Y
10-
9-15
8-31
9-
1
9-10
9-
1
10-
50c
V
•
9-10
Y/YvYY;'-
(quar.)
1
4 9-15
10c
,Y_
—
Stromberg-Carlson Co.—
Y
4% convertible preferred
9-15
1
10c
(quar.)
Finance
10-
47!/2c
,
1
9-10
Propane Gas Corp.—
10-
(quar.)
y 62Vac
Superior Steel Corp.
(quar.)__.
;.—
25c
Sylvania Electric Products, Inc., common—
35c
$4
preferred
(quar.)—
;
"
5%
1
9-10 Y
$15c
$50c
2c
common
Co.—
y 6%
convertible preferred
(quar.)
Springfield Fire & Marine Insurance Co.—
Quarterly
:.
Standard Factors Corp., common (quar.)—
75c
preferred (quar.)
Standard Oil Co. (Ohio), common (quar.).
State
.
'4
8-31
9-15/
Withington
Sparks
preferred
Taylor-Wharton
10-
1
9-20
25c
——
9-J5
9-20
10-1
9-15
9-10
8-31
-
Co.
Tellurlde
Power,
8-27 Y.-.
Tennessee
•
7 %
Brewing
preferred
9-15
1
1
20c
(quar.).
Iron 8c Steel—
Products
Tccumseh
1
1010-
—
$1
(quar.)
$1.75
9-10
,
9-20
-
;
1
9-16
;i) 9-
Southland
Southwestern
Taylor Instrument Cos.
25c
(quar.).
9-23
9-15
9-15
Suburban
y
9- 2
62'/2C
9-15
9-13
Class
9- 3
t
9- 8
1
Southern
y
'
j
i
4% preferred (quar.)
Mutual
9-16
40c
y
;
Murray Corp. of America com.
4
8-31
l'/4c
Manufacturing
1
10-14
partic. original preferred
<quar.)__Y . 37V'2c
preferred (quar.)
—
27c
Natural Gas (increased quar.)—
Y>
50c
5 7o
8-31
®"24
25c
B
Auto
9-15
15c
y
1
11-
10-
4.32%
9- 9
9-10
.
Rico
Porto
.
9-
9-10
9-20
TO- 1
10%
Motor
y
0-25
10c
15c
dividend)
Appliance
8-31
>•" "V
-
(stock
Corp
Missouri-Kansas Pipe Line, com.....
9-17
;9-i5
(quar.)
(increased).—
Co.
Southern California Edison Co.—
$20c
Ltd._
common
8%
preferred (quar.)
Southern & Atlantic Telegraph
50c
^
Telephone
&
Finance,
convertible preferred (quar.)—
Seatrain
Lines, . Inc.
—
South
9-9
25c
(quar.)
y^y.yyyi-^—
Telegraph
--
10- 1
50c
Stores
■
9-30
50c
(quar.)...—.y»—
(quar.)
preferred
$3.65
$2.60
Ltd.,. cC'mmtcn___--_———
preferred (quar.)—
—Simon
(Wm.) Brewery (quar.)
Y
Smith (T. L.) Co., 6% conv. pfd. (quar.)..
South Carolina Electric & Gas—
5%
preferred (quar.)—
Y-5Vi% convertible preferred (quar.)
Mid-West Refineries Inc.—
9-20
9-20
•/
9-10
"t
$25c
.
$$1.25
y^yyyyY.-y.*.._.^-w—i^..y..y.yys
Forming Corp.
4
J: 9-15
30c
/'/-
-
:
9-11
9
10-
15c
50c
9iy»c
Y 45c
65c
12y2c
20c
5%
...
9-15
15c Y
yy-
Ltd.—
common
Silknit,
Common
9-28
10c
—
(quar.)
Motors
10-
$2.50
-
12 %c
Co
Buffet
—
(quar.)
Products
9-15
9-15
—
Fairmont Railway
Ftmrous
.
3
9-20
1
10-
12%C
European & North American Ry. Co.
Evans
9-
1
62 %c
preferred (quar,)
preferred (quar.)
Manufacturing Co.
(quor.)
Co.,
9-10
Mickelberry's Food Products com...^.^...
$2.40 conv. preferred (quar.)
jy
9-20
9-30
25c
9-1
9- 7
1
68 %C
5%.
Ero
9-17
•
Metal
•
9-15
25c
■
9-11
10- 1
9-20
10-
10-
tquar.)..
9-30
$2.50
9-10
9-11
$1.75
Corp.
com.
87Vic
Steel
9-10
9-30
11-30
$$1.75
37V2c
.
9-17
9-10
_
Shakespeare Company —.——.—Sherman
Products
(quar.)
9-10
9-20
9-14
25c
$1.50
(accum.)
Ltd..
.
Co..
Mfg.
Seaboard
9-17
9-10
1
9-15
9-15
$1.50
-.
pfd.
$6
(accum.)
Products
Company
8-27
9-25
10c
...
y
8-25
,
9-10
8-27
9-25
$3
.....
common...
Light
: v
9-30
10- 1
.
7%
preferred (quar.)
Market-^Basket Inc. (Los
9-15
9-10
9-10
10c
—,
9- 3
9-10
—$12ViC
(increased
Extra
Maritime
Y 9-15
$4
Co.—_...
9-30
25c
(quar.)...
Corp.
(quar.)
(quar.)
B
YY Extra
8-27
20C
...
(irreg.)
Paper Corp.
Electric
Electric
•
20c
Scovill
0-15
10- 1
" 9-30
—
(quar.)
1
10-
,
25c
62'/2c
$$1
(quar.)
Theatres,
Co.
——
Pulp & Paper Co., Inc.
Public Service Co., class
9-10
9-30
-
10- 1
;
2-OX
10-
$1.25
Mfg.
Helen's
9-17
9-15
9-15
•
37V2c
v
...
1
10-1
'?'•
50c
—
Fund
Y^Y;
25c
Marchant Calculating Machine Co.
9-10
10-1
50c
Fund
Balanced
Eaton
10- 1
.
.
St.
9- 7
1
"
15c
St. Louis
A
12VaCy
8-31
Safeway SteeL Froducts (quar.)
>* -20c
y y
San Jose Water- Works,: common (quar.) _y_+.
50c
Y'
Y |9-TK v YY 43/4 %. preferred A ^quar.)^-5"--—Y 29%c.",
Sanger Brothers, Inc.( •5'/2.% pfd. (quar.)i. \ i'e£41-V*c»
'
9-15 Y.
—
YtT20c.
i >^9.1 y • Sarnia Bridge Co.. Ltdi (quar.).
Yi > Extra /
•
$10e
0-15
Saudi Arabian Mining Syndicate
10c
9-15
4
Savage Arms Corp. (irreg.)
9- 1
' 25c
Schlagc Lock Co. (quar.)
45c
9-1
8-31 Y
9-22
9-20
1
10-15
f* $17y2c
Industries,
preferred
Russell
8-31
(quar.)
common
(quar.)
Ltd., - common.—
(quar.)—.___i—__.
preferred
7%
9-30
$1.50
.1
Eaton
xiy4%
10- 1
Company,
C.)
(F.
Russell
$17'/aC
10-15
9-20
Angeles)?—
(quar.) y.^..yyy^yy.y.yy^yy^.4v-v.20c
10-1
9-20.
$1 preferred A (quar.)_.
25c'
10-1
' 9*20
Marshall Field & Co. 4(4% pfd.. (quar.)y..*Y$1.06»/4
0-30
9-15
Martin-Parry Corp.
15c
10- 4 Y
9-20 y>
Mathews Conveyor Co*
(quar.).
........
<
'' • 9-10
8-27 ,
Mathieson Chemical Corp., common
50c
9-30 <
9- 7
7% preferred (quar.)
....
$1.75
0-30 *
9- 7McCrory Stores Corp. com. (quar.)_
35c
9-30
9-17
$3.50
conv.
preferred (quar.)
87c
10- 1
9-17
McKesson & Bobbins Inc. com. (quar.)
y
60c
9-15
9- 3
$4 pfd.
(quar.)
$1
10-15 Y 10- 1
■
Mengel Company
(quar.)...
r*—-r
25c
10- 1
8-10
Mesta Machine Co.
62 Vic
10- 1
9-16 Y
,~
9-30
$1.12%
___;
J'Extra..
Class A
Mangel
,
(quar.)
(quar.)__—.
preferred
Malleable
8-31
10-
V
25c
^6% preferredJ
•
8-31
10-1
10- 1
(quar.)
com.
Structural
(R.;:H.)
Special
Eastern Gas ft Fuel Associates—
;
10-1
.
10-
25c
30c
50c
Extra
Russell
10-1
-
-
;
1
10-
■
Cement
Taylor
Macy
Y 9-27
10-15
(Marcus)
Class
9-27
•
10-15
25c
Chemical
Co., com
^
$4 preferred A- (quar.)
1.
I .H $3.25 "2nd preferred •(quar.)iuy^y-r-y-iw4
} Draper Corp. (increased)—
»Duval Texas SulphurTquar.)——
;
9-30
$44c
;■
Ltd., common
$25c
x$$1.75
xl3/4%
Y xt(4 %
(quar.)
10-
50c
Ltd.— Y
............4-,
;
•
Paper
5%
5% .preferred .(quar.).
—
iH. R.) Export Co., Ltd.—-
0*10
$12 %c
9-7
9-15
9-30
30c
10c
8-31
10-1
MacMillan
8-25
9-27
50C
_
Loew's
-.8-20
9-20
9-23
9-15
9-20
9- 3
1
9-30
25c
—
Corp.
(quar.)—
Riley
Stoker Corp.
(quar.)
Ross
Industries
(increased quar.)
9-1
10c
B.) Rubber Coy (quar,)Y..y..^.
Clark (quar.)
preferred
9-15
J2 ViC-•
com
preferred
YY $2.50
9- 1
35c
(quar.)
1
9-30
>
«i50%
(quar.)
9-
10-15
9-10
9-10
10-
'
Company
Richardson
Riegel
9-13
.
20c
Frary &
•
1
1
50c
-
Inc.
Press,
0-15
'
io-
10-
1
5
9-10
10-
Reliance
'
r*9-15*
50c
......
& Co
;9-15
1
-
(Walter)
1
RR
Corp.
non-cum.
Dow
9-15
$1.12%
&sXW • preferred y(qp
-
9-18
,
Y
9-17
3
9-15
'
Reading Company, 4% 2nd pfd. (quar.)—
50c
Grain Co., Ltd., 4% pfd. (quar.)U**?tfv$$l«.
10-1
-11* 1
Y yY'ilYy 9^i5
0-30
(stock dividend)
Chemical Co.
Dominion Glass
<
10-1
15c
Cream
Dominion
;
9-18
^76c
(quar.),.v_ta._._
(quar.)
$25c
Diamond Alkali Co.
Doehler-Jarvis
Dolese
8-16
;
'y
9-15
9-
1
9- 3
Radio-Keith-Orpheum
(irreg.)
Y.
9-15
10-
'
'9-15
1
9-10
8-31
(quar.)....:
Fund
10-
9-23
9-27
1
9- 8
'}
50c
—
9-0
1
9-23
9-10
10-
Kayser (Julius) & Company (quar.)........ Y v 25c Y
9-15
Kearney: (James R.) Corp..
25c
10- 1
Kearney Sc Trecker Corp.' (irreg.)v; y 20c>
9-15
Kelsey-Hayes Wheel, class A (quar.)
37 Vic
10- 1
Class -B
(quar.)..
.......
....
37J/a<r
10-1
Kennecott Copper Corp., (quar,)25c
9-30
Special$1.25
9-30
10* 5
Vic
-"-Y;-$l:y
(quar.)^!,....^.-...^^..
Grande Western
of Kansas
Mills
of N.
Co.
$25c
Dewey, & Almy
Dixie
8-16
:
9-1C
10-
9-15
10-11
43%c
,
9-14
__i
9-10
Quaker Oats Co., common (irreg.)$1.75
6%
preferred (quar.)
___—_:.
$1.50
Quebec Mantou Mines, Ltd. (initial)$2c
25c
S2%d
(quar.)
(quar.)
5% preference D (quar.)_.
...
......
Joslyn^ Manufacturing & Supply Co.—
"8-20
*
1
10-
87
...
1
8-31
50c
.
Dempster Mill Mfg.
>
9- 7
9-10
«
9-24,-
12 %C
,
.
9-1
55c
4 »/2c
8% preferred (quar.)
i
Dejay rStores Inc. :(quar.)--^-—
A- Frere Ltd., class A
(quar.)
•
.7%
9-1
$1
pfd.
preference-A (quar.)
preference-B (quar,)^^
preference C (quar.)
■5%
9-11
'''
1
$1.75
$1.75
• -
,
9-
50c
50c
(quar.)—
quar.)
(initial
common
Extra
."-.Increased
28 Vic
David
'
9-25
9-30
$1.12%
50%% preferred (quar.)
Dayton & Michigan RR. com.
9-10
9-15
-
•
_
__
Derby Oil Co.
Co.,?7%
Public Service Co,,
Common
■7%-
62y2c
New
7
9-15
1
1
$l.o0
22>/2c
1st preferred (quar.)
original preferred (quar.)
Puget Sound Pulp & Timber—
L v
?_ryYt_ t
Co.^«**dY_y
Salt
Silver
Selective
Irving Trust
Jamaica
12-15
1
40C
(quar.).
pfd. (quar.)
—.4.
Publishing*Co. (quar.).
LYCrown Capital Corp. class A (quar.)
Curtis
(Helene) .'Industries,-Inc.—- >
;
50c conv. pfd. A (quar.)
Y Dan Rdver Mills corny
■•Denver
10-
25c
Si
(quar.)
.
Deerficld
-preferred
Hosiery
9-15
;
9-30
$10c
y
...
4 Cribben &: Sexton Co.—• •».,>£/«
-."Extra
8-30
9-15
9- I
3
1
10-
; 25c
Department Stores
Investors
9-30
10-1
$1.13
—__
Industries
America
of
5 %
Co..
Power
International
9-10
50c
9-29
9-
10-1
Publication
7%
9-
9-10
1
10-
9-9
7%
9-15
10-
9- 4
Y
7
1
9-15
$1.75
' 25c
15c
Power
9-
8-25
10-
50c
——
8-27
4
9-24
9-,4
9- 3
8-31
8-27
1
9-15
12y2c
preferred (quar.)
Corp., com. voting
non-voting (quar.)
1
10-
9-25
Common
8-20
10-
Products
Prentiss-Wabers
9-15
8-20
1
9-
10- 1
8-19
9-3
Electric
Potomac
1
1
9-20
10- 1
9-1
9-24
$6c
Brick Co. (resuined)^Y—y--.-.-«.^-- '>
f
Y; V 9-15
50c
| - -4% % conv.
''■•Croweli-Collier
;
Illinois
:
6%
9-15
10-
(quRr.)____
(quar.)——y
20c
Pressed Steel Car Co., 4y2% pfd. A (quar.).
56V4cPreston East Dome Mines, Ltd.—n_—
y- tlVfec
Public Service Co. of New Hampshire (quar.)
-45c
9-30
10- 1
Co.
Interstate
com
Ltd
Company
Creameries
-
Illinois
(quar.)
Inc.
1
1
10-
75c
$1
25c
Motors
Electric
International
(quar.)..
Continental-United
v;
y
9- 1
9-15
9-15
25c
(quar.)
Howell
Plough,
9
9-
y
(quar.)
Portland Woolen Mills,
9-20
50c
$25c
Co
Statler
1
;
9-15
9-20
35c
Dauche
9-15
1
10-
,$5.
25c
■;
Y.
1
10- I
$1.25
Co.___
9-15:
9-30
15c
(quar.)i
9-
70c
7% preferred (quar.)'
;"Y
Pittsburgh Metallurgical Co. (increased)—
10-
$1
(quar.)
common
issue
9-30
(accum.)
y. Common
9-15
25c
Dauch
&
9- 7
10- 1
10- 1
10c
Co.„
75c
preferred '(quar.)...
(R.
&
8-27
9-20
25c
'
_____
Interstate
Co.
quar.)
Paper Co. (quar.)
Paper, Ltd
^
Hollinger Consolidated Gold Mines, Ltd.—
Quarterly
Hollingsworth & Whitney Co.—
•
Common (increased)
*
$4 preferred
(quar.)____
__1
(quar.)
preferred
:,y;4%%
V:
Hlnde
9- 7
(quar.)—25c
Co
Powder
9- 7'
9-20
>
W.) Co., common.
$1
preferred (quar.) ____________$1.75
7%
(Ky.)—
9-30
250
1
99-
9-
40c
$1.25
30c
$1.12 Va
Y yi'y> y
Y
1.
52c
.-9-30
$40c
9-
9
10-
(quar.)
4%%. preferred (quar.)
Pennsylvania Telephone Corp.—
y y
$2.10
(quar.)
preferred
Pepsi-Cola Co. ______
—
Philadelphia & Reading Coal & Iron—
•
Pittsburgh Fort .Wayne
& Chicago Ry.-—
9-15
$62y2c
Corp.
Hinde
quar.)
9-15
9-8
10-
10c
<
.■
(quar.)
Mfg,
1
.10- 1
(Geo.
Hercules
9-15
8-31
YY,
_,
(mcreased
common
V
7
9-20
Pennsylvania Glass Sand Corp. com.
5%
preferred (quar.)
Pennsylvania Power & Light com
$5c
common
(quar.)_
Winkle-Munning
$1.50
(quar.)
Ltd!,
Harnischfeger Corp.,
5% preferred 2nd
1
Paauhau
8-30
Sugar
9-
9- 4
10-
50c
5c
; 15c
Plantation
9-15
9-21
-
.
—
9-10
;
preferred
Hanson-Van
——
Co.
Chemical
9-10
9-14
$1.50
25c
50c
(quar.).—
(quar.)
preferred
9-14
9-11
$$1.25
(quar.)—,
Common
4%
10-1
$1.50
J
•
—__
506
(quar.)
Mines, Ltd, (initial)
Varnish
■
——
Paramount Pictures, Inc.
8-20
9-tl
9- 3
'
9-25
25c
30c
97%c
$2
15c
37'/ic
$15c
pfd.
6%
10- 1
-
-l——-y-yY—YiY-
$1.50
9-
"
Prhxting Co.
F.)
9-10
1
(quar.)
25c
Co
Company,
9-10
9-
pfd. (quar.)
preferred (quar.)
com.
(quar.)—
(quar.)
25c
preferred
9-15
5c
Gin
(W.
9-13*
1
1
9-16
56y4c
Corp.
Extra
$4
9-17
of United Merchants &
y \Mfrs. • common8 for each share held....*
Consolidated
Lithograph Mfg
—
Crane
9-11
10-
share
Continental
A
Grinnell
dividend—
3/10ths
'
Class
4
10-
10-
9-16
(quar.)—
Pacific Gamble Robinson Co. (quar.)
Pacific Indemnity Co.
(quar.)
Panhandle Eastern Pipe Line Co.—
8-23
1
2
Hampshire for
Light Heat & Power com
preferred
5%
9-15
dividend
Inc.
pfd.
conv.
1
40c
—-
8%
Otis Elevator Co.
Park
(quar.)«._---_
Great Lakes Paper,
8-24
$1
Corp., com.
Ottawa
9-16
9-10*
10-1
12^c
Telegraph
Rapids
9-20
f 50c
Corp
Grocers
Y.
9-30
25c
Manitou
9-
.
'
Stock
;
9-20
1
Consolidated Investment Trust—
"Crain
Grand
Stock
&
9-30
-
30o
Engineering
preferred
Golden
9-20
25c
--
,
Gold
9-15
1
25c
Co
Coal
i2y2c
Co.
9-
$1.50
(quar.)
preferred
Machine
Alden
8-20
9-30
'
Common
9-20
$1.75
Insurance
Life
Extra
10-
$1
!
1
9-:T :
$1
„
Consolidated
10-
Co
common
(quar.)
Marble Co. (quar.)
$2.25
9-21
$1.75
Consolidated Cement class A
5%
9-21
(quar.)
Solvents
Consolidated
H
1
50c
50C
Cement
Signal,
preferred
+40c
—
Quarterly
yy;
1
Portland
Railway
9-
(quar.)..
(increased
Commonwealth
-
General
Co.—
preferred
Commercial
f
10-
5c
$1.50
45c!
-
9. 8
1;
2
$1.50
9-21
10-
9-
9-30
&
Corp.,
9-20
9-30
9-20
Co
B'Gosh,
Oshkosh
10- 8
10- 1
y
Omnibus
9-10
Georgia-Pacific Plywood & Lumber Co.—
(increased)
preferred
(quar.)
Credit
Common
k
10-.10-
9-10
(quar.)_"__._—.
Extra
Commercial
1
3c
9-15
ifey;
common
participating
11-
f-' '■*
9-20
1
held)—
shares
22.8
Railway
Oahu
8-18
1
i.
1,
Y
Georgia
(quar.) —
(quar.)..—
(quar.)
9-
Y luy
i t» y
*
,
Public Service Co. of New
Candy
1
10-
■
Land Co
Ohio Public Service Co., 3.90%
Corp. (quar.)
25c
5% pfd. (quar.)
';£*• $1.25
General Plywood Corp.—
,
Y.v^'^. vy.
5% convertible preferred (initial quar.)._
8c
9- 7
(quar.)
Iron
9-10
10-
,
(quar.)
9-28
(quar.)
Co., com.
9-20
Inc.,
6%
(quar.)
preferred
Foil
Nutrine
$1.06y«
9-10
25c
Molybdenum ' Co..---^------.-------.
duett, Peabody & Co., common (interim) —
9-30
9-17
each
9-17
10-
22%c
40c
'
——..........——....
9-30
9-24
9-3
1
dividend (One share of
10-21
60c
;
(quar.)_
9-1
Climax
7%
A
2
(increased) J..—.—
Clark Controller Co.
Co.
Box
liquidating)
Liquidating stock
25c
Instrument
General
Gas Co.—....
England Co.—
interest
shares
(cash
10- 1
0-30
75c
series
preferred
Beneficial
Y
9-29
1
30c
—
Natural
Northern New
9- 7
(quar.).'—.—
pfd.
conv.
Northern
,
9-20
y
10-
(quar.
;
r;
$4.25
General
(quar.)__
Canal
&
(
■
.
.
(quar.)
3
■
Chicago Towel Co.; common
50c
8
Common
■I i
9-
2y2c
Chicago
$6
8
10- I
(quar.)
Cherry Rivet - Co;
?
-
9-
10C
(N. Y.)
Trust
>
Cochran
10-
9-30
9-17
50c
25c
(increased)
Gary Railways, Inc
General American Transportation—-..vf Y.
8
9-17
9-15
Corp.
9-
Ameiica
\
/
Garrett
9-15
tquar.) ____—l...:
■
Mfg. Co
Co., 6%
Bank &
Chemical
s
8
9-
9- 3
9-30
<
9-15
10-
$8%c
Indiana
Y4'/2%
1
1
10-15
9-15
(s-a)———...——-
Co.
9-
40c
$35c
$37yac
Transit
Charleston
."
Corp.
of
Valve
Chapman
-
9-
10-
•'
Chamberlin
j
10-
9-8
9-20
9-20
$1.50
Company
9-10
9-14
15c
—
...
15c
Fuller
9-
10- 1
75c
Foundation Co. of Canada, Ltd.
A.)
9-20
25c
9-17
(Geo.
1
25c
;
9-20
25C
Investment
'"Extra
Co.
10-
20c
Foote-Burt
$37y2C
Baxter & Kennedy (quar.)
Carriers & General Corp. (quar.)..——...
Castled Cooke, Ltd
———
Y
20c
(quar.).
Ltd., 7% preferred (accum.)
Public Service com.—
Gas
Shore
North
—.
Co..——
Chemical
Northern
.
9-10
1
1
9-15
conv.
North Star Oil,
,
Foreign Light & Power 6% 1st pfd, (quar.)
Ftstoria Pressed Steel Corp.
(quar.)__
8
Sugar
Niles-Bement-Pond
9-7
9-17
<
Y
10-15
10-
:,
•:?
30c
■
9-10
•
4%%
Nopco
9-
10-
;
.w
Corp
10-
Carey,
y
Steel
10-25
$20C
(quar.)—
A
common
Marshall Field—
see
12-17
Ltd,
Canadian
$1.50
(Marshall)
Follansbee
Co
class A (quar.)
Wirebound Boxes,
$1.50
9-17
9-10
9-15
,'
i,1 ^
'
4.^- vf."
'iy. ',
certificates
Corp.
1-3-49
$55c
-y
—
Gas
y
Stores, Ltd.—
5% cum. partic. class A (quar.)
5% non-cum. partic. class B (quar.)_
Florida Power Corp.
(quar.)
9-17
10-
10-
Ltd
Investments,
Products
Silk
Canadian
Field
10-
10^
(quar.)
Co.
&
ex-
1
1010-
10-
New
New
:C
shown in these columns under
$$2
(quar.)
common
Electric
General
.('Canadian
Water
yet
10-
preferred (quar.)_____—.—22y2c
25c
vv'4, Newport Industries Inc. com. (reduced)—.
4V47o
preferred (quar.)
...——
$1.06y4
Nicholson File Co.
'i
(quar.)
—
30c
yY Extra
—........—20c
the
not
9-15
10-
Refining—
Brunswick Telephone Co., Ltd.
Haven Clock & Watch Co.—
National
k
have
who
1
25c
Co
9-15
9- 7
10-
$44c
'■*" 25c
—»
Gypsum Co. _—
Machinery
.
15c
$50c
50c
$12c
;s0v.1'■"
9- 1
and
common
—j,
Rubber
National
15
(quar.)
preferred
National
Fitzsimmons
9-17
10-
1''I.
Fiduciary Trust Co. of N. Y. (quar.)
9-3
10-
Sept.
on
>7%
7
the Federal Water St Gas Corp. heading
9-15
10-
$10ci
'1
8-31
1
(The
certificates for
their
Federal
distribution
8-28
9-13
10-
p' .l.-.v
'
(quar.)—
Ltd. com. (quar.)
9-27
9-15
25c
10c
—
—
(quar.)
Securities
Breweries
National
of
Payable Of Rec,
Share
-
Corp.
Inc.
Wide
Nation
dis-
common,
yi.are entitled to participate in the plan of
v
$15c
_
tquar.)
General
Canadian
stocks
A
Nachman
'!''■'>?.-"V
$' i';f
-
Corp.—
class
$30c
Ltd.,
Cottons,
preferred
6%
y
preferred
of
Participating
•
8-31
'
changed
■
r
7
Service
the
of
8-31
25C
9-17
Namm's,
y
0.78
Co.,
cash.
in
45c
share
a
Production
Southern
and
Water
9-16
$ 5c
pfd.
Holders
Federal
6-24
Participating
conv.
8-31
9-14
pfd. (accum.) ':V; $1.50
:
20c
Butler (P. H.)
Co., common (quar.)_______
31 y. c
5 'Jo convertible preferred (quar.)
3iy4c
5% r.on-conv. preferred B (quar.)
50c
C. L T. Financial Corp.
(quar.)
50C
California Water Service Co.
(quar.).—..—
50c
Campbell Wyant. & Cannon Foundry Co.___
$15C
Canada Flooring, Ltd., ciass B (initial).—
$15c
Canada
Northern Power, Ltd—
_
$50c
Canada Steamship Lines Ltd.
(s-a)
$3iy»c
Canadian Canners, Ltd., common (quar.) —
$25c
5% 1st preference (quar.)
non-cum
8-31
7
30c
-
of
Co.
9-30
,;
y.,
a^id the distribution of stock on Sept. 17)
7
i5c
Burgess
Battery Co.U_-—
Terminal Buildings, 7 %
60c
8-31
9-10
.
0.78
Gas
Name of Company
Holders>
When
Per
Holders
Payable of Rec.
10c
tribution of cash will be made
7
50c
—
of
common
9-10
Bush
,
Inc.
-
101
r
Co.
of
Natural
share
a
10-
v$' i5c
> i'Vi
Brown
of
10-
a2'/2%
—-y
__
consisting
Southern
.
^
10-
a2'/2%
—
-
Registered (s-a)
■—
Broadway Market Corp. (quar.)) __—
Brockway Motor Co
—
*
Brooke (E. & G.)
Iron (quar.)——
P
,
lS
Truck
Motor
mon
-'(
'
Share
Water & Gas Corp. (A first liquidating distribution on each share of com-'
9-30
....
of Company
Federal
9-16
10-15
>
5%
9-1;
$40c
Ltd.— YjiYVY
Co.,
Tobacco
Ordinary
:
,
$1.37 y2
'.\y
(quar.)
—
British-American Bank Note Co., Ltd
1
y -• i i
A
British-American
10-
$$1.50
i' Bridgeport Brass Co.— Yy
Y/YY
5 % %
convertible preferred
(quar.)——,■
British. Columbia Power Corp., Ltd.—
When
Per
Name
Ltd.
(quar.).
preferred
Holders
Payable of Rec.
.
,
Brazilian Traction Light & Power,
6%
When
Share
of Company
47
(883)
Number 4729
Volume 168
Co.- (quar.)——:
^5cy
10-
l'
8-10
8 31
9-15
8-49
-
35c
10-
4.10%
10-
1
Top Tailors, Ltd
Packing Co., Inc.,
Tip
^$1
(quar.)
common
10-
1
1
9-15
Class
A
(quar.)....——
4% V
:
B
preferred
Mfg.
Disc
Fixture
Gas
United
Public
Insurance
8-23
8-20
P
Laundry
Co.
Machine & Foundry Co.,
9-
3.90%
4
4
3
50c
10-
1
9-
9-
1
$1.25
10-
1
9-
7
9-
6%
8-20
7
10-
$1
•Yv,
•'
-------
8-31
1
9-25
9- 9
r.
(quar.)—————
$8.75
cf
Y.
N.
United Wallpaper,
(quar.)
Inc.," 4% pfd.
Universal-Cyclops Steel (quar.)
Home
Utah
Oil
Extrja
.
Utica
Refining
10-
1
10-
the
of
Beau
(quar.)
;•
60c
Beaver Lumbet Co., Ltd., class A tquar;)t25c
$1.4$ preferred (quar.)
; $330
Beech-Nut Packing Co: (quar.) _z-—40c
Belden Mfg. Co.
(quar.)
——
30c
Belding-Corticelli, Ltd., common (quar.) ____
i$1.50
'
/
8-16
8-27*
8-31
9-30
8-20
8-20
i
8-19
,k
'
Bell
Extra
(quar.)
Belleterre Quebec Mines, Ltd
Beneficial Industrial Loan—
Common
(increased) *
9-10
9-15
"9- 4
10c
9-15
8-31
5c
9-15
8-31
40c
8-28
8-20
stock
who
have
;
Wabasso
Waldorf
&
System,
;
for
each
9-20
50c
9-10
9-13
25c
9-
Waukesha
Western
8-31
9-
25c
10- I
9-20
Tablet
9-15
8-25
1
9-16
6%
prior
preferred
(quar.)
8-20
6%
prior
preferred
(quar.)
81.50
9-29
9-10
25c
9-16
8-31
50c
;'
Co.
Corp.,
com.—
10-11
9-23
1-3-49
12rl6
1
9-
10-
$1.25
9-
10-
$1.25
1
10-
75c
(increased)
1
9-
Anchor Post Products—
9
—-
Anheuser-Busch,
3
9-
9-10
1
Wood
Arcade
9-1
preferred
9-
1
Common
9-
1
Common
$1.75
37'/2c
$6
>; 10c
—
—
(quar.)
»9-15
/
25c
Yf 9-14
,,M- /I
10-
$1.25
—
6%
9-10.
$50c
9-30
9- 9
preferred
Farms
Co.,
25c
i,v
(irreg.).———
(quar.)
—^
common
participating preferred
Participating
——
Oil Corp. (quar.)^
Argus Corp., Ltd., common (quar.)
4V2 % convertible preferred (quar.)
Arizona Edison Co., common
(quar.)
$5
preferred
(quar.)
Below we give the dividends announced in previous
weefcs and not yet paid. The list does hot include divi¬
dends announced this week, thesis being given in the
preceding table.
;
Nttm&of Company
Share
PapefCo., Ltd,, $1.50 pfd.
$37%c
$2.50 prior' preferred
(quar.)
$62%o
Acadia-Atlantic Sugar Refineries, Ltd.—
Class A partic preferential
(quar.)
'•
$25c
5%
preferred
(quar;)
$$1.25
Acme
Glove
Acme
Steel
10-1
9-11
Works,
Co.
(interim).
Ltd.
5%
preferred
$12c
9-1'
*
Aro
9-10
8-20
Atlanta
7: Extra
Atlas
10- 1
& Vicksburg Ry.
(s-a)_
$3
Allegheny-Ludlum Steel,
common_________
40c
$4.50 preferred
(quar.)$1,12%
10- 1
Allied
25c
10-
1
75c :
10-20
'9-20
9-1
8-13
(quar.)
Allied Stores
Corp., common (quar.X_Y:_-.Y—.
4% "preferred (quar.)
Allis-Chalmers. Mfg., common y (quar;)
Allis
/Louis)
preferred
; Company
(quar.)
_
_
Extra
Alpha
Cement
Aluminium, Ltd.
Aluminum Co.
(qua;/,
of
___
America,
preferred
(quar.)
Aluminum Co.; of Canada,
4% * preferred
4%
'(quar.)
preferred
,
Aluminum
..Extra
Goods
' $256
1
J25c
12-1
Manufacturing
(quar.)
20c
' *
_____
American
1
Atlas
v;
9-13*
75c
pfd.
87(40
(quar.)
10-
9-
1
Automobile Insurance Co.—
Louis
(quar.)—
1
American
6%
Bank
8-20
'
30c
-
Note, r common________
9-
1
40c
10-1
75c
(quar.)
Beverage, Corp.— >7
prior preferred (quar.)
convertible
American
Class
preferred
Bosch
B
10-
American
Can
Co..
American
Car
&
7%
non-cum.
Chicle
Co.
A
7%
Foundry
preferred
Co.
Co.,
American Cyanamid Co.,
3(4%
preferred
American
American
A
common
common___
1 '
American
9-
1*:4
9-
1*
Fork
American
Fruit
Hoe,
$3
6%
convertible preferred
Automatic
Avon
8_23
8-23
2
8-18
B/G
2
8-18
B.: V.
8-31
1
10--2
'
l
9-15
9-
9-30
9-15
9-
1
9-3
8-31
8-24
)
7%
50c
9-14
9-
12y2c
8-31
9-15
8-31
l
(quar.)
25c
10-
8
fYjr/V
9-24
"Y
(quar.)___
5%
Canada
7%
4%
Radio
$1.50
;
'
0^30
10-15'
1-15-49
12-31
!
$1.05 YyY 0-y l
$1.50
8-31
$1
I
8-14
9-17:
$1.75
-7
8*14
10-20
40c
•
0-1
,
;
1
1
Corp.
<quar.)_
(quar.)_—_—-___
Co., Ltd. (quar.)
;
Class
25c
25C
25c
Y
9-10
:i f
Ice
Products,
Ltd.,
common—_
10-31
Ltd.,
Machine
International
preferred
Motor
Quarterly
8-23
8)13
r-t
:
10*15
8-'. 2
7
1
8-20
8)20
;
9-1
.
8-20
9-15 /
9-15
7
3-27
.
V
9*
9)
"
1
1
;
'
9-15
10-
1
9*20
9-
1
8-17 Y'
Y
9-
I
8)16
'
9-
1
8-12
/
9-
1
9-
7
8: 3
1
9-
8-
7
•
3
.
8-24
,
v
9-
1
7-31"
1
8-11
9-1
9-
1
8-11 YY
9-
1
8-11,
.
9-15
8-11YS
8-28 Y
9-10
8) 2
8-31
8-18
9-
1:
8-
9-
9-15
•
1
1
/
8:20
9-15
9-
'
,
4
"
/
8-13
&)10
9-20
9-15
v
*:
8-31
9-15
8-31
9-3
8-20
i°>
9-15
K
9-30
9-17
'
P
"
9-20
9-
">
9-15 ;Y
8-30
'8-27
8-15
Y'
9-15 '
?Y.8-i4p;:
'9-15
10- 1
9-
8^13
7
1
: 9-
1
•'
.
8^15
8-30
f$2
1
8*10,
p 9- 1
$37%c
t40c
*30c
*50c
r
8-20
9-20
.
8-16
9-15
Lamp
8-31/v
'
$25c
$50e
*25c
'
8-31
'
9-15
8)16
10-1
8-31
-
9- 1
10- X
7
8-31
10- 1 ti
10-l'-.Y-
$183/4C
&-31;r
lO-
1
8-31 /
:vf %9: IJ
Ltd.—
Co.,
10-30
$17%c
$$1.75
9-30 Y
9-15.
9-13 7.
9-28
Trust,
9-
$$1.25
(accum.)
Co., Ltd.
7
10-15
Ltd.—_—$$1.50
Investment
9r15 ^
10- 1
$20C
Ltd., common (quar.)
(quar.)___—;____"77———
Ingersoll-Rand
5%
Canadian
Co.,
(quar.)—__—
Canadian
./.
8-20
■
9-15
9-
*25c
—
industries,
preferred
Canadian
.8)10"
'
9-
preference (quar.)—
A
1
1
•_—$$1.12Va
Canadian Foreign Investment Corp., Ltd.—
Quarterly
——
Y : $75c
Y-
1
9-
t$ 1
——_—;
Class A
YYY- ;7%
10- 1
,7 9-10
10-
(interim)
r,
Co., Ltd.—
Food
Canadian,
0- 3
10-
9-
—
0-14
9-1
25c
(quar.)
f
12-14
1
6c
15c
Sons
K-10 •
1
Cable
•
8-16
7
9-13
4%% pfd. (quar.)— $$1.12%
Ltd— _—$15c
Canadian
Canadian
10-
Mortgage
Fairbanks-Morse
Y
8-16
1-2-49
8%c
(quar.)
Y
.
(quar.)__
B
1
9-
$32%c
tlOc
$20c
(quar.)
pfd.
—
—
Canadian
:
8%c
Show,'InO., cohi. (quar.)_
&
A
8*25
8-25
9-
50c
50c
15c
34%c
common
Canadian Breweries, Ltd.
:
'
>
.
(quar.)
Hydro-Electric,, common
preferred
(quar.)
preferred (quar.)
Class
&
IO«
9-15
9-15
Ltd.,
Vinegars,
Canada Wire
4%%
(quar.)__
preferred
Canada
iY •Class
8-18
Works—
Inc.
(Joseph)
818
Permanent
Safeway,
•i-3
Insurance
Ltd., common
preferred (s-a)
—i-;
Co., Ltd. (quar.)—__
Canada
'■
9-1
*
'
$1.50
..
1
(quar.)_
Foundries,
Malting
Y
7 7
$12c
15c
30c
$1.12%
$1.75
.715c
15c
75c
:—
(quar.)___—__
common
(quar.)—
States
Life
(quar.)J
Iron
9). 3
9-
fs-a)._-—___•_$2.50
Canada
;
Y
8-30
A__
(quar.)
Power,
Co/, Ltd., $1.30
non-cum.
Canada
9-24
'
Y
6%
8^16
9-
class
Crushed
A
Canada
:
9-10
Cement
1
$1
Canada &
?
9-1
-
10-
P
3
87V2c
Stone, Ltd
Dominion Sugar Co., Ltd. (quar.)
Canada Foundries & Forgings, Ltd.—
Y
10- 9
12Vic
Co.,
9-
87%c
—
Forge
17"
V
1
10-
37%c
7;
preferred
Canada
8-16
$1.12%
Co.
8)16
75c
Co
"
8-20
25c
.
(quar.)
(s-a);_»'____«_
Building.
preferred
Bangor
1
1
25c.
(quar.)
Locomotive
convertible
Bancroft
9-
.
preferred
8-20
30c
>
8-10
9-
*. ■
—
(quar.)/—/___
5%% convertible preferred (quar.)
Camden Refrigerating «to Terminals—
Camden
9-> 18-10
20o
—
Ink
Y'/V;:; Special'
.'Class
25c
Mills
8-31 r*
•
'/
/;.
—
(s-a)
"
40c
(quar.)_
(quar.)_
Corp., common
prior preferred
Baltimore
6%
Y.)
(N.
Inc.
America
Baltimore Porcelain Steel Corp.—
7% convertible preferred (quar.)
9-3
1
Co.
1
Concen¬
quar.)
pfd.
7%
Co.,
Cotton
Electric
California-Western
8-21
9-1
*
(quar.) —25c
(quar.)
preferred
Baldwin
Balfour
1
10-
D.
25c
(quar.)_^
Company ,)
preferred tquar.)
7%
1
10-
Foods,
G
(quar.)
&
Water
California
'
8-21
8-W
(increased
Co.
California
1
>
,
—
Mining
Butler
11-20
9* I '
(quar.)^
Sullivan
&
California
7
8-10
9-15
\
25c
7 '
(quar.)
6%
■■■{
9-15
25c
of
Co.
Works
Products
6%
9-16*
9-
Gear
Baldwin
9-16*
1
9-15
convertible
Canteen
Allied
4'/2%
9-16*
10-
«
B
Ayshire CoHieries Corp.
8-17
$1.25
30c
(quar.)
$12%c
„.
„
.
preferred
1'.
$1.50
12y2c
common
Growers
(quar.)
Company—
—
Adding Machine Co. (quar.)
Corp. (quar.)
___
Brothers, 4%%
preferred (quar.)—
8-14
12-15
$15c
—_
series
1
(quar,)_.
Forging & Socket
American
&
_Y
$15c
common
5%
9.
10-
Y
(quar.)—___
Butler
-
"
8-14
87(4c
common
Inc.
50c
$1.75
50c
Tiling
Lines,
A
Ltd.,
—
preferred' (quar.)
9-
7
$1.75
(quar.)
Encaustic
Export
1
(quar.)_
(quar.)
.
Service Co.,
series A convertible
9-
25c
___
(ouar.)
& Cigar Co.,
preferred
(quar.)
American Colortype Co.
(quar.)
6%
Electric
Class
9-
5c
(quar.)
preferred
American Cigarette
,
(initial)
'
5C
25c
Board
American
7"
(accum.).
Corp.,-class
Box
t5c
0-
$1.25
$1.25
20c
50c
Burton-Dixie
8-25
8-31
9- i':! :
9-15
50c
(quar.)
corn,
Burroughs
-
■'
9-16
9-19
50c,
Mines, Ltd
VP
8)30
10-15 77 10-
25c
preferred (quar.)
Burrard Dry Docks, Ltd.,
8-20
9-30
8-30
'9-30*.
9-15 ;
•
20c
25c
4%
8-14
56%c
7
f?
10-15
28 Vic
Burlington Mills Corp., common (quar.)—
3%% preferred^ (quar.)__
3V2% convertible 2nd preferred (quar.)__
*»
(quar.)
—
(quar.)
7, Extra ■
7_—
Burdincs, Inc.—
Burkart
(F.)
Manufacturing
8-18
9-15
(quar.)
$5: preferred
Inc.
Hill
trating
8-20
9-10
Corp.; (quar.)
Automotive
(Initial)
American
Tack
1
9-13
37%c 7/
5%
preferred
4%
preferred
Atlas Powder Co»
9-
8-25
-
•
9-15
30c
90c
t30c
12V2c
(quar.)
(quar.)
Ltd.
Fund,
Bullock's,
•
7-30
$1
7
('?
9-15
•
$1.10
$1.25
25c
(quar.)__
(quar.)
.-
Company,
Bullock
9-18
1
9-11
8*25
1
9-10
37%c
(quar.)
preferred
Budd
•-
8-13
9-
20c
'
;
1
9-30
■
$4.50
(s-a)_
_
Co.
A
Autocar
American
20c
(irreg.)
Common——___^
'
Ry. Co.
Railroad
Line
(quar.)_
Imperial Diesel Engine Co.—
Aunor Gold
8-17
9-
Co
19-10
Line
Air
Corp.
Refining
Series
Atlas
8-20
Amerioan
St.
Oil
Auto
(quar.)
3(4%
Coast
Atlantic
9-13*
75c
Inc.,
&
'
8-13
9-
$1.50
8-31
17/-
•
(quar.)
Co.,-common
preferred
Bunker
8-13
1
9-
25c
Extra
$5
8-30
1
9-
50c
•
;
com
9-
9-
Mfg.
-
Co
Mills, Ltd.
4% %
1
9-30
<
pfd.
Euckeye Pipe Line Co.
Brunswick-Balke-Collender Co.,
1
9-15
40c
$1.50
$1.75
Charlotte
-
1
9-15
(quar.)
Investment Co.
(quar.)____
Topeka & Santa Fe Ry. Co.,
Atlantic
Intr.~
preferred
Airlines,
American- Arch
10-
15c
Leather Cos.,
convertible
10-
50c
f
preferred
>
t-fr? *8)20
10-1
J25c
7
preferred
$3.60
Bruck
8-18
9-
Rubber
Brunner
8-18
i
9-30
T 30c
quar.)_
(quarO—
com.
Atlanta
4
11-3
(increased
2nd
Atlantic
1
Refining
7%
,
i
&
Atchison,
8-«
9-22
$25c
(quar.)
Dry Goods Corp.,
preferred (quar.)
Associates
9-10
,
Ltd.
6%
8-20
10-1
Industries
Amalgamated
9-4
9-10
93%c
(quar.)___.
.
Aluminum
6 %
Ltd.—
•
9- 1
25c
3%Y
t5c
Oil
'
9- 1
(cash
Corp.
Extra
8-14
50c
;
Corp.,
Ashland
8-20
9-10
Artloom
as
4.4%
Gas,
Bigelow
Brown Shoe Co., common
8-20
8-20
8-27
-
&
Brov.n
9- 1
9-20
quar.)
Borough
Brooklyn
Brown
9-1
40c
9-
93%c
•
______________
Brooklyn Telegraph & Messenger Co.
30c
'
(increased)—-
B
Broadway Department Stores, Inc.—
-6% convertible preferred (quar.)
1
9-15
8-31
1
preferred
Clas
-
Associated
8-20
9-1
■
J50c
__
common
.$3.75
„
9-1
25c
known
dividend
Asbestos
8-20*
5 v
•:
$1.12%
(quar.)
9-
50c
Carpet Co.—
dividend
9- 8*
9-
J
7-30
9-15
01 T
9-20
^ 9-
J25c
3%% preferred (quar.)———-.—1$0.234375
British Columbia Packers, class A (s-a)—• $37%c
9-15
(quar.)
Light Co., common.
preferred (quar.)__
Corp. (quar.)
Stock
9-1
0-30
i5c
Portland
;
preferred
0*2 ;' •8-23
^
9-30
40c
93%c
$1
56'/4C
50c
•
$1.20
(quar.)_——
British-American Oil, Ltd., common (quar.)_
9-30
$1.50
Inc.,
3%%
8-16
9-15
9-10
8-9
9- 1
9- 1 r
8-20
9-15
r——7
—
Formerly
9-8
9-1
9-15
40c
81(40
35c
(quar.)______
9-18
9-30
$1
;
convertible
8-16
-
'
8-10
8-10
8-10
8-13
7-30
^
9-15
10-15
10- 1
9- 1
; 9-15
Gas
Artloom
9-14
Alabama
3(4%
8J14
.
,
;8-14
1
9-
50c
$1.12(4
4y2 %
$2.50
Laboratories
1
.7 8-14
.
9-24
12-18
12-18
9-15
(quar.)__.
4V2%
'
25c
common
Construction
Metal
Art
y
(s-a)__
preferred
Equipment,
7-30
9- 1
9-
50c
(quar.)
convertible
8-20
9-17 Y
9-15
$1
;
1
-
,
preferred (quar.)
& Co., $6 prior pfd. (quar.)
Armstrong Cork Co., common
$3.75
preferred
(quar.)
$4
10-
Corp.,
—
Armour
9*-l
10-1'
$25c
-
(quar.)
4'/2%
Power
Missouri
Steel
Armco
Holdere
10- 1
Agnew Surpass Shoe Stores, Ltd..-/
Akron Canton & Youngstown RR.,
Arkansas
Payable of Reo.
Power &
8-10
9-20
9-20
9- 1
8-3P
9-10
75c 7
9- 1
12'4c
9- 1
50c
9-15
y $i5C
9- 1
$$1.12%
; 9- 1
25c
9-15
$1.25
10- 17/.
7
Argo
When
,
■*
Roller
.
uowser,
8rl0
9-30
12-23 7
12-23
$3
$3
8-30
Per y
$1
$1
;
..
"
(s-a)—
Archer-Daniels-Midiand
Arden
8-31
15c
Bower
,
9-14'
1
■
0-10
10- 1
10^ 1
9-15
9-10
r 9-30
—
(quar.)
9-15
—
Abitibi
1
9-15
Estate Trust;?
Bearing Co. (increaaed)i.7-i—
Boston Real
/
Mills—
10- 1
20c
(Alan)
5%
Cotton
$25c
Co.__
Steel Co., common———
(quar.)
Woods Mfg. Co., Ltd.——
Zeigler Coal & Coke Co.——
—____7
■
s.—
(quar.)
Co.
$1.12%
Wllsil, Ltd. ______
—;
Wisconsin Michigan Power 4%% pfd. (quar.)
25c
Y > 20c
_i.
Apollo Steel Co. (liquidating)
Applied Arts Corp.——
19-10
9-10
40c
Inc.
"Smelting
Apex
3
9-24
-
•
9-
,
1
16-22
1-21
11- 1
1-31-49
'Y^'77 ■ •.
tI5c
0-1.
—
Apex Electrical Mfg., common
7%
prior preferred (quar.)_—
15c
'.
Anglo-Canadian Telephone, Ltd.—
Class A
(quar.)
;——
—
40C
(quar.)
Dessauer
8-14
9-1
V
•
50ff
$1
preferred (quar.^--:—
36c
!
Boyertown • Burial Casket Co. (-quar:)
_7.
• 25c
;
Brach ((E. .J.) ;&.;Sons (quar;)—75c,
7 Brager-Elsenberg, Inc. (quar.)
*■ - 7 50c
; Brewing Corp. of America (quar.)—
62'/2c
1
Briggs & Stratton Corp. (quar.)
25c
7
Extra.
„
—
35c
Bright (T. G.)' & Co., Ltd.- (interim)$25c
Bristol Brass Corp.. (quar.)
.'-30c
^
Bristol-Myers Co., common (interim).—_—
40c
9- 1
'-7-15
9-29
9- 7
t"-\ '• 1 •
10c
75c
common—
Co
50c
Extra
&
Smelting,
&
Mining
8-26
10-
35c
/
(extra)
Wickejs Corp. (quar.)
Copper
$12
-
Stationery
Lead
Zinc
Anaconda
•v>"„•'*>
$1.50
25c
i
»
Wolf
1
:
8-.18
>
,
American
1—_—
5%
preferred
(quar.)
Wheeling Steel Corp. com.
$5 preferred
(quar.)_
.
1
9-
.
8
(One share
(quar.)
Condensing
Western
White Motor Co.
8-31
9-20
10* 1
2%
Wayne Knitting Mills
Wellington Mills, Inc
Wentworth
Manufacturing
&
9-20
$1
30c'
held)
Co.
Motor
9.
8-16
,
1
$1.25
—
(quar.)—
shares
50
8-31
1
_
—
Inc. fquar.)_
(stock dividend)
Wamsutta Mills
8-31
9-
'
com.' (quar.)
Power
Co.
1
'
•
—
(quar.)
Cotton
8-17
1
'
—
—
(quar.)
Inc.
Electric
preferred
1
.
■
$5
910-
19-1
Y>.:/•:/■/Y
.
;
8-28
;
Norman Company
Virginia
9-10
9-10
-
;
(quar.)
Corp. common are entitled to participate
in the plan of distribution shown in these
columns under the Federal Water & Gas
Veeder-Root,
1
1
.
common
heading.
10-
10-
.
yet exchanged their certificates for
certificates of the Federal Water and Gas
Corp.
1
,
not
Van
8-16
1
p 9-27
-
$1.06'A
tlOc
—__—
9-
9-
25c
/
—
—
—
preferred
4'/4%
'
",8-16
1
9-13
Inc.
(quar.)
—$$1.75
Mfg.——
15c
Gossett Co.. (quar.)——15c
Howell Co., common.—
—
12 %c
&
3
9-
8-31
9-15
7
preferred
&
.8-
1
',
Belknap Hardware
Bell
1
9-
$37%C
__U——
Inc
:
—.——*—
37y2c
Shoe Corp., 4%% pfd. (quar.)
$1.18%
BrummeH Ties; Inc._____12y2c
8.)
Mills,
'
8-13
-9-
Co., Ltd.—
*
(quar.)
A
8-:i3
9-15
7
,
9-10
Utility, Operators Co.—
Holders
4
-
1
9-30
'
9-
25c
10c
.
—
,
1
9-15
1
10-15
»
t
9-30
—-
Mills
9-
$1.50
(quar.)~r—
(quar.)
Cotton
9-15
25c
'
Mohawk
9-.-7
50c
—
,
&
9*
9-14
Y
Cigars,
(A.
Beck
iY
9-15
Co
4;
.
Co.
Insurance
9-14
55C'.
—
Fire
10-15
25c
'
Extra/
Utah
9-24
50C
25c
$1
(quar.)
Meter
8-16
9-
'
9-10
25C
preferred
25c
$1.50
97'/2c
(quar.)—
Ltd., common
1
'
;,9-10
(liquidating)
Co.,
8tl6
9-
9-15
9-30
37'/2c
American National Finance-—
9-15
9-30
$3.25 preferred (quar.)
:
—
81 y»c
$6
preferred
(s-a)
$3
12-15
12- 1
9-15
0-30
$4
American News Co.
preferred (initial)
(bi-monthly)
25c
9-15
9- 3
$1.02'/s
10-22
11- 1
Benson & Hedges, $2 conv. preferred tquar.)
American Paper Goods
50c
.8-20
9- 1
1 Berkshire Fine Spinning Associates, Inc.—
35c
Y'7%
preferred (quar.)
$1.75
9-15
9- 0
8-26
9-10
Bessemer Limestone & Cement Co.,- com.—
$1
7%
preferred (quar.)
$1.75
12-15
12- 6
10- 8
Y0-25
Common
__L—7/7/7^—-—;
$1
American Potash & Chemical—
;;i'-'Y1
'
9-20
1/10- 1
7 ,7"'4%
Class
A
preferred tquar.)—--u—y—50c
(quar.)
37J/2c
9-15
9- 1
12)23
Class B (quar.)
4% preferred (quar.)_——___— •'
50c 1-1-49
37'/2c
9-15
9- 1
8- 9
*0-^1 ?
Bethlehem Steel Corp.
$4 preferred A (quar.)
(Del.), common——.
7 60c
$1
9-15
9- 1
9) 3
10- 1
;
American President Lines, Ltd.—
<■
7
7%
preferred (quar.)
—7-$1.75
9-20
10- 1 "
Bibb Manufacturing (quar.)———
50c
5% non-cum. preferred (quar.)__
$1.25
9-20
9*10
9*20
10- 1
American
Radiator
&
Standard
-Extra
——■—-sr—
* ■$1
Sanitary
<*
8-10
Bigelow-Sanford Carpet; common (quar.)—
50c
Corp., common (Increased)
25c
9-24
9- 1
8)10
9- 1
Special
—10c
9-24
M f
,6% preferred (quar.) ——————. $1.50
8-16
9- 1
Bird & Son, Inc., 5%
7%
preferred tquar.)
$1.25
preferred
(quar.)
$1.75
9- 1
8-20
9) I
9-15.
American Safety Razor (reduced
Birmingham Water Works, 0% pfd. (quar.)_
$1.50
quar.)—
12'/2c
8-31
8-13
8-15
9- 1
American Seating Co. (irreg.)
Black-Clawson;Co.. (increased quar ).
—
256
$1
8-30
8- 5
9- IV- 8*20 :
:
American Smelting & Refining, com. (irreg.)
Black Rills PoWer & Llght,J comr,-(quar;)i_7
.
'*30c
50c 7' 8-31
8- 6
8)20
$4.20 preferred (quar;)———;
American
States
Insurance
(Indianap•
;.
$1.05 r:0i l"
oils)'; (quar.l
■ ■ -;;iyy 30c V 10- 1
Y $lis7 ! Black,; Sivalls & : Bryson, Inc.— - ~ ~
9-i2 ' fJ 9 * 1 ;
;
', 4.25% preferred (quar.)
$1.06V*
jtfnerican Steel Foundries
50c
9-15
8-31
8*16
9-14
V,Blaw-Kn'6x'Compapy_u__7j_Y.—_-7_-7——7
256
American Stores Co. (quar.)_,
^—--- 35c
10-, 1
m 3
7
9*25
0-30 Block Bros. Tobacco, 6% preferred-(quar.)
•
$1.50
American Sugar Refining Co.—
| • . w' 7
»
8*21 Y
0- 1
Blue BelL. Inc; (qimr.)u__—^Y^i_i-.i.-i7i_*
15c
7% preferred
(quar.)_
$1.75
10- 2 * 9- 7*
,8)24 /
9- 1
Blumenthai- (Sidney) & Co. (quar.)—-—7
American Sumatra Tobacco COi_____
•
50c
9-13
9^ 2
15c
: '10- '
^9*15P
Bohn Aluminum, tt Brass Corp-.--u—
,
• 25c,
American Telephone & Telegraph Co. (quar.)
$2.25 ^10-15
9-15
V/.9714Y/: 9* 1
American
Tobacco
Bond Stores, :inc^: (quar.)-_-7_~_^7_ii7_*.i77
(quar.)
1—><75c'
9- 1 7 siio
; ';Y50c10* 1 ' y9-16
American Vitrified Products Co., pfd. 'quar.)
$1
9-17
9- 17 ^Y Book-dfithe-MdhthY Club - <quar,. - v -25c
8)11
American Woolen Co., common tquar.)
$1.50 - 9-15
8-26* % .Bordeh company Y'(qua*;)z77~i77^^i7ii-.Y - 6068*14
8-25
Extra :
W&yi 8-26» ^YBossYMarjufacturlngY'CoiU—-Y yY.'ll
8*31
9-30 '<
$4 convertible prior preferred (quar.)—
$1
9-15
8-26* r BOStori; ■&'vAlbaAy;.|^;'77^77777'777Y:i7777777r< -•
>-$279- 1
7% preferred (quar.)__
Boston; Insurance Ck>; <quar.) 777*-77C77-—7'
$1.75
10-15
10- 1*
7 60c Y'io-Yl
;
$5
Metal
American
9-10
10-
25c
(liquidating)
1
9-15
20c
Y
preferred
American
Class
'Bayuk
8-2
9-10
10-15
9- 1
9- 1
8-14
9-1
50c
-
—
(quar.)
Inc.;
Paper
&
*8-31
9-1
'
8-31
' ; 8-31"
9- 1
9-10
50c
20c
common-
$44.78
S. Trust Co.
25c
:10c ■' ' 10-1
.
(quar.)—
American
9-
Power
8-31
9-15
25c
30c
30c
'
"
8-13*
37(4c
Machinery
"Refractories,
X25C
4
__________
;
——
Bathurst
.
78-26*
9- 1
9- 1
10- 1
$2.40
quar.
American
9-20
77 Basic
7%
3
9-20
79-10
<s-a)
8-30
$45.76
U.
*—_
9-
$1.25
preferred
$3
75c
10c
(quar.)
(monthly)
(quar.)
Company
0-15
$12 %c
1
H.)
Extra
(111.)—
Co.
Investment
American
(
Beaunit
9-15
(liquidating)
U. S. Fidelity & Guaranty Co.
(Bait.)
U. S. Freight .Co. (qua?.)
—
Extra
—p—'—__—r——.
U. S. Potash Company (irreg.)
$2.75 preferred
75c
Co. of New Jersey
'
13%c
com.
$1.50
—
Co
Extra——y
—
—
Utilities,
50c
9-11
50c
(quar.)
Corp._____
(quar.)—
(increased quar.)—
Indemnity Co.
American
1
Increased
System,
United
American
8-27
8-17
$1.50
5%' pfd. (quar.)——
Pacific RR., hew common (initial) —
preferred
(Initial s-a)
—-—
Wire Rope Corp. (quar.)——--
4'/«
9-15
9-10
10-
20c
Carbide
Union
preferred
t
(quar.)..-
Ltd.
Canada,
of
Co.
-
& Seelig Mfg., common (irreg.)
$1.20 class A (quar.)-i"--——7
—.—Barnsdall Oil Co. (quar.)
________
Co.—
Products
Home
8-28
——-
Union
Union
(quar.)
Steamship
$4
30c
Carbon
6i
American
—
_____
Union
Gas
———
50c
62'/2c
75c
-
Corp., common
preferred
5%%
9-15
60c
—
Leather
&
40c
•
•'
(quar.)——
Clutch
Twin
Tyler
Hide
convertible
6%
9-15
$$1.12%
9-15 7 8-12
10- 1
9-3
8-30
'7-29
9- 1
7-21
9- 1
7-21
9-1
7-21
10- 1
9-20
10- 1
9-20
9-14
9- 1
$1.1834
com.
Extra
Barber" (W.
Holders
When
Payable of Rcc.
Share
►
1
Barlow
—
Co.,
Felt
&
preferred
2nd
$6
10-1
Power Co.—
&
Hair
American-Hawaiian
10- 1
7y/Y,
—
(quar.;"
Increased
9-15
9-15
t50c
.(quar.)
Co.—__________—-—
Light
1
1
"
(irreg.)__
common
preferred" (quar.)J
$3
American
*50c
—
(quar.)
jCo. ^ConnY)
Troy Sunshade. Co
Tucson Gas Electric
10-
10-
Corp.,
(quar.)
preferred (quar.)
American
-—-
—
Insurance
Travelers
Troxel
(quar.)
$15C
$15c
General
v
share
each
$2 preferred
$2.50
£ 9-15
10-
for
(quar.)—
preferred
American
1
15C
preferred
Class
9-
$1.75
—
(quar.)
Toronto Iron Works, Ltd., common (quar,)
60c participating class A
(quar.)I——
Traders Finance Corp., Ltd.—
""""
7%
1
$7%c
______—
Tobin
4%7c
3
Y 10-
(2/IOOths share of Atlantic
,Y
8-12
9-15
25c
1
0) Company
7Barber-Ellis
v
Y'
_'_
common
Name
Payable of Rec.
Per
..^:Y:;;YY^y 7'7Y:
..:V.
Holders
When
Per
Share
held)
9-10
9-20
50c
-
__—
'7;
■
(cash dividend)—
Electric
&
Electric
City
9-10
9-
—
Co..
Axle
Detroit
Timken
9-30
9-10
Gas
Stock dividend
-
9-15
$1.12%
'•
!_
9-10
;
■
Quarterly
9-10
9-30
$ 1.06 V*
(quar.)"
(interim)
Inc.
Time,
•
5%
(quar.)...
pfd.
\\\ To
Drug Stores,
4% %
prelerred A
Thrifty
1-
$1.06 %• •10-
American
9-10
•
■
.
0) Company
Monday, August 30, 1948
CHRONICLE
FINANCIAL
&
■
Name
9-10
1
$1.02'6
Gas Transmission Co., common.
preferred (quar.)_______----4.25V preferred (quar.)...—
Thcrmoid Company (stock dividend)
: Tennessee
,.:y
Payable o/ Rec.
Share
Name of Company
Holders
When
Per
[
COMMERCIAL
THE
(884)
48
(quar.)—
$15c
$15c
•
:
1
-Y
:
8rl3
9-15
8t25
12-15
11-25
Y
1.K
& flMffcm dSRONICLE
168 " Number 4729
Volume
4
";1'''' v ■" *' *' '
Name of Company
Oil!Cos.,
'■■'v
;
■
Holivr*
when
5%
.
preferred
preferred
4%:
pld.
Ltd., 8%
(quar.)
9-
1
9-
1'
LtcL—
Co.,
Western
*
.*»
—-
—
Natural Gas
\% preferred .<quar.)
Canadian
(quar.)..
iquar.)..—.--.......-—w;-—. 4
v
4$20c
9-
:
9-15 )•„A * 910-
1
9-
>
10-15
10-1
Commoa—<;ccrea£ed
9-
10-
$1.75
1
10-
75c
a
,
.
Continental
9-22
•'
'• 9-
quar.U——
.
1
k
8-
I
•.>
1
8-16
9-10
1
9-30
9-
Common
8-13
8-31
.9-1?
•
-
I
(quar;-)
8-10
Extra
A 1 15c
Central & South; West Corp.—
Inqreased quarterly;
Quarterly
________
Cert$ln-)eed products.4 3
__4.
1—,
ay* % prior preference (quar.).____.
'.
Century Electric Co.____^4
_____
Century- Ribbon Mills (quar.).:—
Champion Papeir &' Fibre,» common-.
8-31
preferred
Corp.
Cliatco
Steel- Product?, ;Ltd.,
1
„:,,;-15C4
•
}25C
-Extra
Hill
Chestnut
; (quar.l
Extra-
quarterly
7^
preferred-
\°Ic
Cincinnati
5*-
preferred
4%
Ltd A
Cinzano.
Cities
Service
Cay, .'Auto
City
Ice
&
i
-l';'* A
9-
9-
10-" 1
9-20
Daniels
8-16
- 4Vi%
1
9-15
A Class
10-
6-
1
R-14
•44356
9-
1
8-10
9-
1
Graphite Bronze,
8-10
Davison
9-15
Dayton Power & Light, common
3%% preferred A (quar.)—
25c
9-14
8-31
62(4 c
9-30
—
special
11-15
De
11-10
2-15-49
2-10
$1.75
1
50C
9-15
7%
8-27
$1.25
9-15
8-27
1
8-14
40c
9-
25c
9-15
9-
3
$1.12 te
9-15
9-
Plow
Cockshutt
(quar.)
Stockyards
pfd.
'.
(quar.)
8-27
9-10
—
9-10
j
8-16
A 8-14
lauar.>
8-13
Dentists Supply
1
9-10
9-
9
8-30
$1.25
9
8-30
Detroit
Detroit-Michigan
Harvester
Co.
9-
1
8-10
9-
1
8-10
$1
9-
6
8-
20c
10-
1
9-16
9-10
8-25
40c
5%
10-
6
■7 10-
1
9-10
$7.50
Corp
10-
1
9-10
9-
1
8-10
12-
1
$4c
$25c
Ltd
Mines,
(s-a)
'
11-
Stores
Dictaphone
4%
1
Corp.
(increased
6%
4Vfs %
<
Company,
preferred
quar.)
Colonial
Stores,
Inc.,
Central
Fuel
75C
1
8-20
8-20
45c
9-
1
9-
1
8-
37 tec
9-
1
8-10
_________——<-
Co.
3
3
prefeired
$6,
10-
12 tec
4
1
preferred
$1.50 .A
10-
(Phila.)
Shoe
Connecticut
Connecticut
Light
$5.
&
Co.
of
4V2%
4%
40c
Edison
preferred
Consolidated
(Toronto)
preferred
C
8-25
pfd.
(N.
(quar.)__
(quar.)
Inc.,
6%
9-
3
3
4Vi %
Duncan
&
(quar.)
(quar.)
(quar.)
Dun
&
Dunn
37V2C
9-
5%
2
0-
i
$1.50
'9-
1
V
7
8-16
8-16
IOC
10-1
9-15
.8-13
East
19-
8
11-
1
90c
$1.12V2
$1
10-
1
9-15
10-
1
9-15
10-
1
9-15
>
7%
St.
I.)
Louis
preferred
Steel
9-
1
9-13
9-
3
9-15
1
8-20
9-10
1
,
preferred
Cigar Co., common
preferred (quar.)
Dry Batteries.
A General Finance Corp.y
4%
convertible preferred C
A:
5% preferred A (s-a)
General Fireproofing Co., com.
A
9-10
8-25
$2
9-14
87 VaC
—
10-25
$1.12y»
A
8-23
1010-
8
8
9-15
8-24
45c
9-10
8-20
>
$1.50
1
8-11
9-
1
8-11
Ry.—
or
(quar.)——
—
,
(s-a)
I
Gerber
,
Brick
Tile
&
v
Girdler
Gleaner
1
9-
3
9-3
Glidden
U5C
9-
1
8-14
4(4%
9-18
,
9r 1
99- 1
9- 2
9-21
8-31
8-14
9-17
9- 3
9-13
8-16
,
11-25
11-25
11-1Q
9"H. Ay 8"18
10- 1 A 9-16 A.
9-1
8-10*
9-10
8-12
U? 1 >10- 4
11- 1
10- ■4
9-11
8-20
9-15
8-25
9-29
9- 7
9-30
9-13
10- 1
9:15
8-81 .. 8-2Q.
8-30
8-17
.
.
A
9- 1
9-10
50c
-
9-10
Co., $6
(quar.)
preferred
$1.50
$1.25
>
10- 1
10- 1
(quar.)—
——~—-
,
Products
Safety Razor Co.,
Corp. (quar.)...
0-
9-10
9-1Q
12-v 3
8-16
8-16
8-20
1
11-10.,
(quar.).
Co.
(A.
1
8-18
9- 1
>
10- 1
10- I
1 10- 1 3
9-10
10- 1
9-10
4
9- 1
10- 1
; 9-16
;v
4 9-30
9-15
y
9-1
9- l i
$1.50
4
50c
Gillette
1
<
9- 1
,
Co., common.
preferred
(S. A.) Company, preferred
4(4%
9-15
8-13
9-21
8-26,4
8-18
10- 1
9-10
9- 1
,
,4
.
Gerrard
10-
8-16
9- 1
—
Georgia Power
$5 preferred
10-
.
9-1
;
(increased).
Extra
$1.50
$1.50
(increased)-
>9-15
9- 1
10-1
44/1000 of a share of common stock)
(quar.)
Georgia-Carolina
$1.75
(quar.)
Ltd.
0-
$1.75
Street
>
9" 1
9-1
8^16
A 8.-30
8-20
; 9-15
9-10
9- 1
..
Gilbert
'
(increased)
Products,
10-25 T
4
20c
—
—
$6 pfd. B
>
9-15
9"15
,
$1
25c
$1 \A
7% preferred ....I
4—A; $1.75
General Mills, Inc., 33/»% pfd.
(quar.)
84%c
General Motors Corp., common (increased).
$1
$3.75 preferred (quar.)
-—Ai 93%c A
$5 preferred (quar.)_
$1.25
General Outdoor Advertising Co.. common—
25c
General Precision Equipment Corp
25c
General Refactories Co.
(quar.)
—
>
50c
General Telephone Corp., common (quar.).
50c
4
4.40%
preferred
(quar.)___
—
4 4 55c 4
General Tire & Rubber (quar;)———
/,*, 25c
General Shareholdings Corp., com. (irreg.)_
10c 4
Optional stock series $6 preferred (Cash
v
Co.—
—
7%
40C
$2
15c
31(4c
4 25c
$1.75
20c
(quar.)
General
8-31
10-
8-30
8-16
9-30
9-30
12-20
9- 1
9-30
4 75c
General
9-20
44
(quar.)
Massachusetts
preferred
Water
(quar.)
6%
1st
9-15
410-
'10c
:—
Eastern
Eastern
30c
1
9-10
___
Interurban
&
preferred
9-20
9-
9-15
25c
(interim)
preferred
8-20
de Nemours & Co.—
Eastern States Corp.,
$7
75C
4,;:
—
$3.50
6%
Power
93%C ?
r
$1.12 te
Products—
(E.
1
5C
preferred (quar.)
$4.50 preferred
(quar.)
Durez Plastics & Chemicals, Inc.
(quar.)
•Eagle Picher Co. (quar.)————
4
9-20
40C
Steel
10-
9-30
,
8-30
.
9-15
——
Baking
....
1
8-30
0-30
Co^ (quar.).———25c
convertible
8-21
9-15
.
—
Pont
1
— -
8-15
1
9-
50c
(resumed)
(quar.)
— -
1
10-
37 tec
Co.
Corp.
8-18
10-
1
9-15
9-
,;'t
8-16
1
9-15
$3
Bradstreet, Inc., common
preferred (quar.)
Electric Mfg. Co
Common
1
9-
9-15
10-
Du
9-10
9-
11-
15c
-
$2
Electric
8-14
941
$25c
(s-a)
(quar.)
Co.
•
8-16
-0-15
37 tec
——
—
Dumont
9-
1
$25c
(quar.)
Ltd
Bros.,
Rockaway RR.
Driver-Harris
9-15
$1.25
Light
$62 tec
•$37 tec
—
Co., Ltd.
preferred
preferred (quar.)
—
Industries, Inc., common (quar.)
3%%
preferred (quar.)_,
9-15
75c
Y.), common—
common
t$1.25
(accum.)
Stores.
Ltd
& Chemical
Corp.,
9-
56'Ac
common
preferre4
Co.
Electric
Baltimore,
preferred
9-15
^
—
(quar.)
6%
Dravo
80c
(quar.,)—______
Power,
&
Ltd.—
Investments, Ltd.—
Tar
Drug
25c
(quar.)
Gas
8-19
$$1.50
Fewer
Inc.,
Consolidated
8-19
1
12 tec
(quar.)
Connecticut River Power,
Connohio,
1
9-
50c
(quar.)
Inc.
'
*
9-
r__
Publications
Congoleum-Nairn,
8-15
$1
__—
Common
1
30c
(quar.)
Machinery
9-
—
—____.
Corp. (increased)
Confederation life Association
9-17
Dresser
4%
Nast
Dover
Dow
$1.25
Cone Mills
preferred
Donohue
-
(quar,)
-___•
preferred (quar. I
Community Public Service
8-17
—
Dominion
Dominion
VA
t
Common
Compo
,
9-10
1
approval)
Commonwealth Title Co.
Conde
5%
9-10
Telephone Co.—
(quar.)
8-31
& Anglo Investment Corp.,
preferred
(quar.)
;
5%
9-10
9-25
■
$5
Common
ADonahoe's,
daccum.).-;
8-16
A 8-20
B
■
8-11
9-2Q
10c
30o
30c
A t$l
Corp. (quar.)
Co., $8 pfd. (quar.)
General Builders Supply, common....—A—A
9-10
Co.—
Mfg. Co. (quar.)
Oil Fields,
common—
'Dominion-Scottish
9-14
9-25
6C
(Del.)
Southern Corp,—
to SEC
(Subject
Class
General
_
8-27 4
9-.1
9- 9
14c
:
General America
8-20
(quar.)
Dominion
8-20
8-13
12 tec
Commonwealth
Pepper
*
•
&
■4
Inc.
4
9-24
(quar.)—.
Houses,
Dominguez
8-20
9-
9-10
.4,50c
—
Commonwealth
:Dr.
9
50c '44 9-
50c
—.—
Co.
A
8-
8-23
v
9- 3.
9- 31
9-15
9-15
8-31
25c
$1
Power Co.,
common
(quar.)
,,4 *306
0(4%
preferred (quar,)——i.
$$1.37
5%
preferred (quar.)
$$1.25
Gaylord
Container Corp
37 tec
Gemmer Mfg. Co., $3 preferred A (quar.)__
75c
8-20
—
;
20c
—
Investors
,
(quar.(—
Investment
En,tra a
Class
Dobbs
Doernbecher
&
Carbon
Commonwealth
4
8-14
25C
*
B
8-20
1
(quar.)
Elevator Co. (quar.) —
Columbia Broadcasting System, Inc., class A
Class
1
9-
Corp.—
preferred (nuar.)__4
Milling
Columbian
Co., Ltd.—
deposit receipt (interim)
A
American deposit receipt (final)
Distillers Corp.-Seagrams, Ltd. (quar.)
Dixie Cup Co., common (quar.)
r.
.
8-31
'
9-30
9-15
l2tec
—
(quar.)____
(Robert)
Garlocki Packing
.Distillers
Iron
&
convertible
Colorado
Co.
9-
9-
-
Power
8-20
50c
preferred» <quar.)___j—
5%
1
62 tec
preferred' (quar.)'
5%
Colorado
9-14
9-
50c
(quar.)
common
4%
Colorado
9-30
25c
(quar.)
Co., common
(quar.)
Company, common (quar.)__
6% preferred (quar.).—
—
A
6% preferred (quar.)—
Gair Co. of Canada, Ltd., 4% pfd. (quar.). A
9-11
'
'
Gatiheau
$2.62 Va
(quar.)
Inc.
Fundamental
4
9- 5
9-4
-
9- 1
^
.
56(4c
62tec
Co.
Co.
preferred
Gair
1
8-25
American
87 tec
Fower
8-25
common—
& Sons,
(Henry)
Frontier
Trailer
8-31,
9^,1 f
\ 9.-1
,
Fruehauf
8-27
(quar.)
(Walt) Productions—
convertible preferied (accum.)_.
Disston
8-27
8-27
9-
53 tec
a
3
9-10
35C
common
(quar.)
Colgate-Palmolive-Peet Co.—
$3150 v preferred
(quar.)
Collins & Aikman Corp._i
Co.—
1
9-
^
9- 1
9-10
.9-15
50c
$1
50c
—__
5
4%
.
,
25c
preferred (quar.)—
(quar.)
—
Industries, Inc. (quar.)—
8-10
■
Coleman
&
Sulphur
:
9-1 v 8-16*
|r9- t -A 8-16«
*9- 1
8-16*.
9- 1
8-18
25c
;
convertible
8-10
(quar.)——
Corp.,
Co
Simon
4(4%
Freeport
,,,
8-31
preferred
Disney
1
Stove
..A
9-18
8-20,
,9-8
4-25
;8-18
.8-20
4
AAA
5c
.$1-25
-—
9-
(quar.)—
Mortgage & Realty (quar.)
Diamond Match Co., common
(quar.)
6%
participating preferred
(s-a)
Diana
(quar.)
11-
—
Cement
75c
$1
406
Power ft Light, 4J/2%
pfd. (quar.)_
Telephone Corp., common (quar.)—
Franklin
1
9-
'Detroit
9-10
9-30
9-
;
.
A
'
9- 1
- 8-14
9-10
8-20
10- 1
9- 7
1-1-49 4 12'* I
.
,
12-23
quar.)
;
.Diamond Portland
25c
1
Stove—
preferred
non-cum.
40C
(s-a)
Frontier
(increased
Extra
50c
87 tec
Corp.
$1.12»/a
15c
Food Fair Stores, common (quar.).——
10c
$2.50
preferred
(quar.)
62,/3C
Food" Machinery, Corp.} oommonA—25c
Additional
" 12tec
3(4% convertible preferred (quar.)__
81(4c
Ford Hotels Co. (s-a)—
—
,
50c
Fort Pitt Bridge Works
(quar.).——•
25c
Fort Wayne Corrugated Paper
25c
Fort Wayne & Jackson RR., 5te% pfd. (s-a)
$2.75
Foster-Wheeler Corp.
25c
1
r
9-15 r > 8-31
•
$1.12Va
—
preferred
Florida
;
•'4-16
9-15
' ^
Co.—
(quar.)
Stock
»
lc
Fund-—
Rubber
ft
*-lj;
8-28
:
Florence
9-
9-
10-
$1
Co.
Union
Bank
Florida
8-23
Monte
-Denver
$4
- -
——
$2.50'
$2.50, ■"
—
:
8-10
Power & Light, 4%
preferred
(quar.)
Properties
3.70%
Co.
2
8-10
—
..
25c
8-31
(quar.)
40c
$1.12 te
(quar.)
,_y
Gold
Hudson
11-lt
,
8-18
—
(quar.)__
"E-J4
-
-A."
—
(quar.)
—Fishman (M.AiBt) Company (quar.)
-—A
Fltz Simmons & Connell Dredge & Dock Co.
Quarterly
A
Fllntkote Company, common
(quar.)
8-18
(N. Y.), common
preferred (quar.)
7%
preferred (quar.)
;
Derby Oil Co. (Kansas)—
(quar.)_:—
International
Inc.
&
Del
Counties Gas & Electric—
Willians
Products
Fund,
2Av
8-18
(quar.)
Delaware
3
guaranteed
Co.
Floor
8-31
J
12- 1
9-1
AA
5% .preferred
9-10
—
(quar.)
preferred B (quar.)
Inc.
(quar.)
Delaware
A
quar.)
6
8-
9^
7%
(quar.)__
(quar.)
Clinchfield Coal Corp.
(quar.)
Clinton .' Industries
(monthly)
Clorox
Chemical
(increased
quar.)_.
Coca-Cola
(increased
& Company, common
preferred (quar.)
Delaware
8-11
9-
$1.25
regular guaranteed stock
Coca-Cola
Walt,
j Deere
Delaware
preferred
(quar.)—'
..
Cleveland & Pittsburgh RR. Co.—
4%
12-24
„
common
1%
3%%
9-10
3
1-
$3.50
5'^
Cochenour
:
8-28
*
(quar.)
preferred
„
Electric Illuminating
preferred (quar. )a
A
Leather., Ltd., class A
Corp.
Industrial
Tire
»
(initial)-—
preferred
Extra
8-
MWi-
Class B
Chemical
$-lQ
62(4c
10- 1
$1
9-1Q
35c A 9-20
First; National Stores, Inc
First York Corp., $2 preferred (s-a)
Firth Carpet Co., common (quar.) -i—-i—
8-20
(quar.)
9-1
8-lo
r
9- 1
^9- 1
9-20
9-10
1
9-15
.
!
/
First
8-
Co.
9-30
(qrar.)
4Va%
8-20
(s-a)
A
9-20
*1
4
Financial
Firestone
8-16
—
Coke
&
Class A new
Class B new (initial)—.
9-18
.class
.
A
the
9-18
(s-a)
Coal
Davis
A
8-27
^
(quar.)
Besler Corp.
1-1-49
.
10-4
9-10
9-24
held)
9-4
2%%
Stamping Co. (quar.)
Fuel Co.. (quar.)
preferred
preferred
B
J.
J-2J
^7-21
'12^ 1
$1.50
31V+C,
,
$1
v 40c
A
cl. B (three shares for each seven
8-17
(increased)
common
7-21
.
of America at Baltimore—
dividend on • the class A and
Stock
11-12
preferred (quar.)_
(quar.)_l—_:
Stores—
River Mills,
Dan
'
'
——
_—
,
9-20
0- 1
Finance Co.
>
9-10
8-27
Fisher
&
5
11-
.
(quar.)
9-20
Curme
&
.
13-31
" 9- 1
..
,
—
Door
.
$2.50
18%C
506;
w
pfd. (quar.)
Shoe'Stores—_
5%
preferred1
(quar.)
Fcriton United, Cleaning & Dyeing Co
Ferro
Enamel Corp
9-17
(irreg.)
Inc.
Metallic
.
_
•
••
*139
—_
Federal
12-17
—
Dahlstrom
8-23
AAA. ilia. 4;:,
(s-a)
Cleveland
fo
Extra
.
8
i A9-14
$1
Corp.
Cutler-Hammer,
8-20
1
Davis
———
pfd.
Feltman
Companies, =
Publishing' Co,V $4 prior pfd, (qiiar.).
tT< preferred •<:<ftCCUUL)wL^i--Il—
Curtiss-Wright
1
.
9-
A
Mogul Corp——
Federal Screw Works. (quar.)
Cushman's Sons, Inc., 7%
9-
D^15.
..
75c
106
},
C.o._,
9-17
9-10
1
Chemical
)
8-14
—
,.
9-1
8-1$
8-27
8-27
.
—
75c
8-16
Co.—
—»
(irreg.)
.
$1
87 Vic
Company (quar.)
Farrell-Birmingham Co.; (irreg.)
$1.75
pfd. (quar.)
(irreg.)
common
Curtis
A-
—^
$1.25
(quar.)_
Securities, 1%
8-27
i 9-15
5% preferied : (quar.)
Clearing Machine Corp. (quar.)—
Cleveland Cliffs-Iron Co., common (quar.)_
4
_
Quarterly
9-16
preferred (quar.)^-——
Culver. Corp., (sra)
.12-1#
12^31
.i
*
$1
—
Coast
'
>',
Farquarf(A. B.)
9-13 V;
7%
Davenport
common—
8-20*
1
.
8-21
9-15
9- 1
9-10
9-10
-
—
0.-1O4
Federal
preferred
9-15
A,
9-1
Faber Ooe & Gregg (quar.)
50c
(The)
r
95c
9-11
Fairbanks Morse ft Cq.; (quar.) __—A A. 5°6 A' ! 9- 1
Fajardo Sugar Co.
A-—
.
506
9- 1
Fanny Parmer Candy Shops, Lie. "(quar)' — AA 3TVaC
9-30
Farmers & Traders Life Insurance Co. (Syra- ..A.'*.
Federal Enterprises, Inc., $1.25
Federal .Mining ft Smelting
Sugar,
9-30
10- 1
-
$4.50
:
8-23
9-10
9-1$
;
y
8-27
s<
10-15
$1.75
$4.50
Forster
(quar.)—
8-13
America—
9-b4
8-18
/8-18
8-12*
9-15
9-15
—
8-13
convertible
&
-'Common
9-10
15C
7% fist preferred (quar.) ______
City Water Co. of Chattanooga—
5 io
preferred (quar.)
Clark Equipment Co., common (quar.)
Cleveland
Cuban-American
.
City-of Paris Dry Goods Co., common (s-a)_
lie 1st preferred (quar.)__.
$4.50
5%
Crum
9-20
Pair -j
10- \
406
$-28
8-26
8-20
$1 1-25-49
40c
10-1
$1
10-^1
25o
8-31
.
T
-
(qu#r.)—
Corp., common
1__
(quar.) _A_—
preferred (quftr.)—:>
of
,
"9.-3^'1
9-15
10- 1
, 9-30
9- 1
9- 1
9-1
10- I
1
'
.
.8-31
9-1
9-17
28c
$1.25
..... 50c
$3.50
,
8-18^
.
9-14
(
50c
(quar.)
5%%
Co.
: 9-15
$1.75 *
—____^—
Aq;:«r.» j
Milling Machine Co.,
—
4; •<
preferred A
preferred A
8-16
6%
9-15
9-13
10- 1
.
u
guaranteed
Pittsburgh RR., 7%
preferred..
Co.
8-20
9-15
$37
oreferred
Cincinnati
preferred
Crucible Steel
9-15
25c
——
RR.
9-1$
9-15
Inc.
.
ft
5%
Zellerbach
convertible
8-14
A
9-15
'
r
25c
—
.
Seal Co.
$2
1
9-30
!
$1.25
\
—i—-
Inter«Termin€^
1
Crown
"■7" 1 $4.20
9-4
«10-
$1.25
—
preferred (quar-.)—
Erie
Curtis
■
-
10-15
$256
$$1.25
preferred';':(quat^ii—iiLH—
8
9-30
■
25C
4
(quar.) a
Chrysler- Corp.
(quar.)
Cincinnati G51S & Electric"
-
Cork
Crowd Overal) Mfg.,
9- 4
9- 4
9-
;
UVac:
■
-
Cab Co;, Inc..—
Oil (quar.).
Securities,
common
9-
10-8
;
9-25
10-45
15c
•
Cotton
Christiana
A
30c
-
Bend RR.—
Chicago Yellow
Chickasha
$1.31(4
9-10
9-10
1
$5C
Chicago Rivet & Machine Co. (quar.)——
Extra-;
4___4———
Chicago Rock Island & Pacific RR.—
a 5% preferred, (quar.>__4
—
%% 'preferred (ouar.)
Chicago,; South Shore & South
9-10
9-19
Crown
8-ie
1
9-25
75c
——
_____
Reduced
10-
75c
________
(quar.)_.__
'
1
50C
Lumber Co. (quar.)_4_i-_—
Chicago Mill
9-
7 11-
ilViC.
—
Railroad
Chicago Corp., S3 preferred
9-10
A 9-10
206
:
9
/
9-30
■
25C
Chesierville Mines, Ltd
306
62 fee
Creole
8-20
*
75c
;
-^~r
r
9-
1
9-19
9-10
"
& Ohio Ry.;» common
3*/ai'A convertible preferred ,(quar.)__—Chesfbrough-Mig. Co. (quar.)_—
■
1
9-
r
f25c
common
Chesapeake
■-
10-
20C
10- 1
*
$-24
Crompton &
«il?
10- I
$80c
(quar.)
District; Eleclrio,) common (quar.)_
preferred (quar.) __—_I_"
Emporium Capwell Co., common
7%
preferred (s-a)
Emsco Derrick ft Equipment—'
4%
convertible preferred (quar.)—___^
Endlcott Johnson Corp., common
:
4%
preferred (quar.)
Equity Corp., common (resumed)————
4 $3
convertible preferred.
(This payment
4
clears all arrears)—
—
A $3 convertible preferred (quar.)
20c preferred
(s-a) ________
Erie Coach
Company, (quar.).——
9-24
IOC
V
common
Company, 3%% preferred (quar.)
Petroleum Corp.—:
_*
Knowles Loom Wbrks
-Crown Ck>rk International Corp.—
$1 class A
(accum.)l
9-;' 3)
AA0-(;1fA
9-10
50c'
•
:
505
preferred (accurt.)—
5%' convertible,
A $1,50
preferred
5%
A, 75c
AAt wc;
—'
Crane
!
9-14
9-15
*
$1.12 te
-
.
;viHlA
$142(4-
A 12 Vic A
„—
44——
11- 3
;•
.
^——kw_
6%,
Empire
25 c
$5.25 preferred; series A (quar.)
Corrugated Paper Box, Ltd., common
5preferred (quar.)—
:
Cosden Petroleum ^ Corp.— > A ' r ;
3
•
(s-a»__-
'preferred
5%
(quar.)
8-
25c
A
Electric,
t
0-11
9-3
9-3
9-15
9-25
10- 1
.
$1,
—!
—
Cornell-Dubilier
••
0^W
.
|
11-30
-...
Charts
8-15
,
$-30
r
A; ~20c
______
.
1
20C
y
$4.60
9-
•:i? 90a
(Del.)
Copperweld Steel Co., common (quar.)
5%
convertible preferred
(quar.)
10* V •
10^15
;;4 496
—
____
A' 255'
756
■'K-$3'■»preferred Aquar.)/"
Copd^nd . Refrigeration,: - (quar?
A A'AAlOcA
-
Central Ohio Light:df>Power Co.—
3.6'%. preferred, (quar.)
Central Paper §0. tquar.)'—
25c
,
(increased quar.)
9-30
30C
93%5
A 4 85
__________
-
r
;.-8-15
10-
y.
a4
Fibre
Oil Co.
9"J
■
(increased)——
Continental Steel Corp.__i.____
,_r_
Cook Paint & Varnish, cdmmon iquar.)
$3 prior preferred (quar.)
Cooksvllle Co., class A (quar.)
Cooper-Bessemer Corp,—"
—"
9
9-
$1.12 ya
Ai $1.13
(interim)—_____
common
Continental-Diamond
<
9
9-1
A 9-
85c
,=
8-
9-15
.
Cental New York Poiyer.; 3.40%;-„p$d;. (quar.)
1
9-
27 %o
$140 preferred (quar.) __-5—
A
50C.
Centra) Cold £tor?ge Co. (inietuuj
2c
Central Detroit. War ehou se
__4_
_
11.25
Central foundry Co., 5% Conv. pfd. (quar.)
Central fllineis. light Co., 4te%„ Rid. (quar.) v $1.12 Va
Central flllnqis Puble Service,, common-—. •: 25c
.!4%r preferred (quar.);.
$|
Common
Can,
Continental
9-
17teC
$505;
(quar.)
Co.
$3.75 preferred (quar.)
Continental Casualty Co. (quar.)
1
8-14
a-31
i
.
.9-11
1
Ltd.
A'4 .255':
preferred (quar.) 1
$4.62 preferred (Initial quar.)
Container Corp. qf America—
k 4% preferred (quar.)—.—_______—
Continental Assurance. (quar.)A—
8-14 c
1
10-
:
1
9-11.
1
5c
m.75
«3c
$4.50
9-30
,
Glasa
Consumers Power
;
A: A 40c
.
$5dc
■
04 I
;
9-13
Corp.; 4% preferred :ffluai\:)A^2^t):-i./80c
$1.12te
Carsqxii PirierScott & Co.. 4 te % pfd. (quar.)
-sfiorppany, cqmmqn—
1% preferred- (quar.)—
Cassela 5c .;td'-10q- Store? (quar,)
Casswly's, -Dtd.,47% preferred iquar.).
Caterp^af%*p'riiCtor ACb/. (quar.)
—-4—:_
Central Arizona:: Light & Power—
'44.4
Consumers
,
9-22
9-10
■' "(AA
—
(increased quar.)
.
62V2C
Gons«nrers
0-15
1
10.
Payable of Rec.
Share
Paper Co., Ltd., class A (quar.),—$25c
Edison Brothers Stores,; coramori"A (quar.)—_
37J4c
4Ve%.- participating preferred (quar.)_A_T
$1.06(4 ,
El Dorado Oil Works
—35c A
Electrographic Corp. (quar.)
—25c
Electrolux Corp,, (intqrim)b_
50c
Elgin National Watch Co. (quarO——rrT
15c
El Paso Electric Co. (Texas) , com. (quar.) l
.
40c
$4.25
preferred (quar.)
:
:
$1.12'/a
El R$so; Natural Gas, common (quar.)—
606
4.10%
preferred (quar.)
1
——
$1.02 Vi v_
A 4y*%,; preferred (quar.)
—.
$1.06(4
Ely $t Walker Dry Goods___————
25c .
Emerson-Drug Co., 8% pfd. (quar.)
506
Emerson Electric Mfg. Co., com,
(quar.) „» " 4 25c
7%
preferred
(quar.)
--$1.75
Empire & Bay State Telegraph—
'
4%
guaranteed (quar.)
—
$1.
*30c;
Consolidated
1
A
" 4,;-L
tfol&eri
When
Per
A
Eddy
preferred (s-a)^_-__'_'__:—______—'
Theatres, Ltd., class A
Co., $2.50 preferred (qu"ar.)'____
Consumers Gas Co. (Reading, Pa.) (reduced)
8-12
-A 8-15
A...'
Company|
Econbmie Investment Trust, Ltd.————
~
5%
1
I
of
216
4uc
i
______
8-16
9-
Carrier
Case
.
>"'A' A/"'1
Name
Eastern Sugar Associates
Common
(monthly)
Eastman Kodak Co., com.
Laundries Cbr0. (quar.)—___
Consolidated Paper Co.
(quar.7__
Consolidated Press, Ltd., class A (quar.)
Consolidated Textile Mills, Ltd".—""
:
t' A
Common (initial);
8-20
9-
$1.5# convertible prererred ' qua**)
4$38c.;
&
Qcmpany; 4te%
pfd. (quar.) A $L06.VV
Carnation Co., cpminpn_.
—————i -; j ,50c
Carman
A';!-.
Whew Hoi&eri
Payable of Rec.
Share
Extra'
)
I'
33A% 1st preferred (quar.)...
..
A 93%c
Carolina Telephone & Telegraph Co. (quar.) ,;rAA* $2
Carpenter Paper «C0,(special)
*
50o
Carpqnter Steel Co.—;—
—;__-~-__'A;44 50c
\'?• -1 /.}y - A; -V-
Name of Company
Consolidated
8-23
l!
■■
0onsolidiated Oas UtiUtiec (increased
,
;
,
Wire'<?loth.-Mfg. Co., LtcL~?
Capital
7? \
t
$$* ,rlO-t
10- 1
$$1.25
t$l 1 .10- 1
10- l r,
.A
Canadian Pacific Railway Co.. tmterim»__.v .
$50c
r 9-1. :i
Canadian Tire Corp., : Ltd. (quar.) ——, 4 $30c
Canadian
><*
of Rec.
'is" 9-
41
(885)
C.)
Co.,
$3.50
Harvester Corp.
$1.12(4
(s-a).
4
preferred
$5 pfd. (quar.).
(increased
$1.25
25c
:
convertible
25c
87(4c
quar.).
Extra
Company,
15c 4
y
s
—
(quar.)
preferred (quar.)
y
50c
40c
35c
common
,
56(40
9-10
9-30
11-30
10-1
11- 1
9-15
9-20
9-20
10- 1
10-1
8-17
9-2
9- 2 y
9-15
9-15.
8-25
^9-15
11-26
-
10- 1
9-3
9-1
9- l
9- 3*
9-3
\
preferred-(s-a) __—*
•
$2.50
preferred (s-a)-.
$2.50
1st preferred
(s-a)
i——
,
*, $2 , f
Geebcl Brewing Co. - (quar.) —**>s'
Extra
i.
i
•
5c
'
„
Brothers,
GokJbiatt
preferred
$2.50
Inc.,
(quar.).
—-
pfd. (quar.)—
f$1
Ooodall Rubber Co. / (special)—10c
Goodatt-Sanford, Inc., common-(quar.)- 37 Vic
State
Golden
4%
Ltd., 4%
Co.,
preferred
Goodrich
$1
"
Company,
(B.: F.)
common——.
•
$1
-
.
$1.25
Goodyear Tire ft Rubber Co., com. (quar,).
$1
45 convertible preferred (quar.)
;
'
$1.25
Gordon Mackay Stores, Ltd., class A (quar.)
$12'Ac
Class B
(quar.)...
.—________—112V2C
$5 * preferred
(quar.l
-
-2
Extra
Grafton
Ltd., class A (quar.)
Indemnity Co.
(N.
& Co.,
$250
-r
Y.)
American
Great
*
9-15
Hudson
4:
Great
Atlantic
Pacific Tea
A
preferred
7 fo
White
Plains,
Great Lakes
Great
"West
6%
common-;
Y.
N.
b%
;
Saddlery
Ltd.—
Co.,
preferred
(quar.)
Griesedieck
ft Die Corp.
Western
(quar.).
^
(quar.)
-
m
.
-
Extra
n
00
Shares
Automobile
Aviation
Shares
7e
*
........—a.
5c
Administered
Shares.-.-------*--.
10c
£ 8-31
'71^0
General
.L—2©
Extra
Shares
Machinery
Bond
Institutional
Investing
14c
...
...
Shares
8-13
Stock
8-31 ^
8-31
8-31
Shares
8-31
:•
6c ' \
8c
2c
- ■
8c
2c
Shares.:...——.-.-
-ExtraShares
Extra
—a.—--v.-*-v>;
Tobacco
Shares
mJlitics
Gvuen
Guantanamo
—
Co.
(quar.)
Sugar,
•_—
preferred
$5
Guif States Utilities,
♦4.40' preferred
(quar.)
Oil Corp.
(quar.)
Oulf
-
-»•
-
(quar.)
Corp.
Bros. Stoics,
HLale
Halliburton- Oil Well
Cementing-Co-.—
Hamilton
Cotton,
Hamilton
Watch
4%
preferred
Hammermill
4V4%
^
t7c
Ltd,
Co.,
(quar.-)
(quar.)
preferred (quar.).
preferred
(quar.)
4%%
Hammond
Instrument
Hancock OU
Class
A
(quar.).....-.—
California—
3
of
Co.
Co.
,
.....
Extra
Hanicy
(M.
$4.25
A.)
Company,
preferred
0%
(irreg.).
common
(quar.)_;
Harbison-Walker
Refractories,
common
Carpets, Ltd
Harris (A.) & Co., 5Va%
pfd. (quar.)
Harrisburg Gas Co.; 4'A % preferred (quar.)
Co.
(quar.)
Co.
(quar.)
Chemical
Extra
Hart
L-__
(L.)
A
>
1_—v
Hart-Carter
$2
Co., common, (quar.)...
preferred (quar.)
Bakeries, Inc. (quar.)
Hartman
Tobacco
$4
prior
-'/*
j.
$3
non-cum.
Hazcltine
Hecla
Glass
(quar.)
L_i.
Corp.-
Mining
Hellcman
Stock
Co.
...
:
dividend
.('A
held).
Co.
share
for
10-
;
1
1
9-22
•
9-17*
-3
9-17
A'Kinney
$6
9-10
-
9-10
v
9-
1';
^-'3
v
Quarterly
15c
10-
9-18
X
>
Hendry (C. J.). Company, 5VA % pfd.
Henke
&
Pilot,
Hercules
Cement
Hercules
Steel
Inc
Corp.
34%c
6%
(quar.)..
v
Heyden Chemical Corp., common...
8«A% preferred A (quar.)..
1%
preferred
B
Co., common
(quar.)
3
Common
Common
87'Ac
4
4%
<
;
9-1
9-
$1 :
3
31c
3
25c
>-
Corp., common (quar.)
preferred (quar.)
25c
9-24
8-20
9-
(Charles E.)
Mfg.
Co.
Co.
20c
* ;9- 1
8-13
25c
(reduced quar.)_.._.
(quar.)
.
9-.1
-V 8-16
Kbit. (Henry) $1 class A (quar.)
Honolulu
Honolulu
Mining Co.
Oil
Corp.
iv' " ,1*-
(quar.)
(increased)
Rapid Transit,
6%
pfd.
\
.:
(quar.).,
25c
9-
59c
.
$2*
15c
1
J
9-15
8-31
.
8-23
9- 7
9-17
-
3
9-
3-4
7%
>
8-27
8-24
•'y
/
--y
8-18
$1.12y3
10-
9-17
$1.18%
9-
8-16
9-
8-13
9-
8-13
Oil,
5%
Oil
30c
99-15
9-
$5
9-1
10-
$2.50
25c
9-15
25c
pfd.
10-
(quar.)__
:
1J
preferred
11-20
"9-15
8-26
1
1-2-49
4-1-49
0-9
9- 4
8-27
40c
9-10
8-31
$1.25
—
10-
1
12-
9-20
9-18
1
11-13
9-25
■
Michaels Stern
H.)
& Co.,
Mfg.,
4VA%
preferred A
the
87'AC
■
1
9-10
$1
preferred A
(quar.)
10-
10-
1
8-31
1
8-10
$1.12Mi
.9-29
9-22
$1.12'A
12-28
12-22
50c
(quar.)—
60c
•
-
8-21
60c
9-10
t!
8-25
75c
9-1
8-16
850
9-
1
8-16
93 %c
9-
1
.8-10
93 %c
"9-1
8-18
25c
9-15
12'Ac
•
10-
0-
/
9-15
8-17
9-30 "
9-23
9-10
8-20
9-
1
8-
9-15
V 9-1
9-
1
50c
8-
6
$1.06'A
9- 1
8-
6
9-
1
8-0
9-
5
9-
25c-
?.
$50'Ac
156
50c
(quar.)
Mines,
$1.50
10-
1
25C
;,
4 10- 1
30C
:
9-
8-17
9-
9
9-
3
:
256
<
9-
9
9-
3
v
r-
60c
•-
-
9-13
10-
1
9-13
9-30
9-10
8-23
$40c
1
'
81.62'A
0-1
8-10 •:
(irreg.).
10c
(quar.)
,9-15
•
:
81 Ac
9-
1
35c ;
9-
9-30
10-
97 %C
1
—
Ltd.
-
$$1.75
-
—
(quar.)_
'•'"v" -I
$1.62%
*
Oj
3-20
t
convertible 2nd preferred (quar.)
Inc.
(quar.)———
.
:;
-
;
„
>
(quar.)
8-14
-
Co.—.
9-
0-15
O
«
9-1
'
<■'
8-16
1
1
8-18
1
:*
8-28
*;
9-
•
,l
1
■
9-13
^4
i
945
Reclaiming Co.—
preferred (quar.)
4'A%
56AC
$1
8-19
prior preferred "(quar.)__r
'Minneapolis 'Brewing
$%
.
/
»;
preferred
i-
10- 2
25c
—
Co
(quar.)
1
■ti.
9-10
'
25c
^Milwaukee Gas Light, 7% preferred (quar.)
•?
10-1
.
3
;
'
*
.
-
10- a
•
$1.75
-
9-1
25c ;
$1,25
.
9-15-
2"9-1
♦1.37'A V
Rl.-.-;
*2.5
•
•"..
V
•20
9-
1:
9-
1
20
9- 1
20
•20-
*
$1.27%
:
$1.50
!}i-
V
'
•'
8-20
~
37'Ac
,
1
-I
25c
•
-
(quar.)
1
7(Ac
;
m;I/;':-.5C ■A
-
10-
■:
9-10
50c
(quar.)—^
Minneapolis Gas, 5% preferred (quar.)/.^..
8-16" ;
;t.
5VA% preferred (quar.)___
8-12
$5.10 1st preferred (quar.).:
^
25c
v 8-14
9-10 >:i
•
15c
8-16. 1'
$10c
-
8-20
"/•.•0.-.4;
15c
^
1
) 9-
9- I :
35c
.
1
9-
$1.25
8-20
8-31
>
$1.18%
Common
;• 8- 3
9-
$1.12'A
.Irri'A/i \rJ::
preferred
Miller ft Hart, Inc..
I 8" 3;.;
9-15
35c 'i i
common.
(quar.)
"
Midwest Rubber
9-1
-
$18c
a
? 9- 3 4:
Gas—
preferred
1
9-20
*
" * •'
convertible
$1.50
3
%9- 3 4.
9-10
;
:
8-25
"
9-15:
$1.75
:
•
9-
10c
MidrWest Refineries, Inc.-^
;
25c
(quar;)
Abrasive
1
10-1;
87'Ac
ZZ
~
Company
Mid-West
1
9- 5
9-15
25c
iquar.)
:/'••
1
Midvale
,
9-15
8-31
preferred
•
25C
(ouar.)
preferred
Midland Oil Corp., $1
10-15
35c
.
Extra'
9-15:^1:
1
11-
$25c
V,
Lamaque Gold Mines, Ltd.
H.),
8-10
1
$1.75'
,/
-
Superior District Power Co.,
5%
preferred (quar;) J1—
(M.
9-
4 3A %
.....
(Calif.)—
common
Co., pfd.
'
I
1
8-31
45C
62'Ac
(quar.)
(quar.)
Consolidated
'
9-15
(quar.).
Michigan Steel Tube- Products
;
Milling Co., Ltd.—
(quar.)
preferred (quar.)
Shore
>
Michigan
;
8-21
"9-15
$62'Ac
(quar.)
(quar.)__^-
Michigan Public Service
8-17
9-
v
; 9-10
9-10
—50c
(quar—
Co.
8-16
8-31
40c
—————
ft
4
:
Ltd—
Woods
9-
l-A
8-16
10-1
$250*
-
—
8-25v
10-
*
(Calif.)— /
Co.
.
9-15
V
common
8-16'
,
9-10
Fund
1947)
4,
8-13
8-31
BC
2nd
3^^
9-15
9- 1
Meyer (H_ H;l Packipg Co.—
6 Yu %, preferred (quar.)
3-23
T
10-15
(quar.)
Corp.,
8-
40c
(quar.)
preferied (quar.)
Stores Co., common
Textile
l'!!"■
8-31
c
60c
(quar.)
A
9-
25c
(quar.)
preferred
9-15
356
—
(series
preferred
0-1
$1.06'/♦
Metal ft Thermit Corp., common
(quar.)
7 % preferred' (quar.)_
__j.
Metropcl'tair Edison Co- 3.90% pfd. (quar.)
12-22
37'Ac
<
preferred
1st
9-15
'
preferred
participating
Participatingv>
9-21
10-
9-15
9-
25c
iquar.)
$3.25'
:'9-:l'';;
37'Ac
—
"
9-10
9-15
25c
(quar.)
Stores,
preferred
6'A%
,
'
10-15
25c
v
Co.-
Investors
preferred
Metal
11-10
1
37(Ac
(quar.)—
;
10-1
$50c
-
Publishing Co. (quar.)
Merritt-Chapman ft Scott Corp.
9-10
10-
I
(Increased)
(quar.)
Mfg.
5%
Department
$3.50
0-1
;
15c
(quar.)
Meredith
9-10
4 9-13
,10c
25c
(quar.)—
A/
i":-'"-:-;
9-
0-15
9-13
$1.06
$75c
-
Merchants Refrigerating Co., class A
Class
B
(quar.)..
Merck ft Co., Inc., common
(quar.)
8-30
9-15
88c
<
preferred—.
(quar.)
Sons
6%
9-10
10- 1
$1
ft
preferred
"f
>
*
0-30
-
cor.v.
Mercantile
8-30
1
Corp.,
5 %
9-24
9-15
10-
35c
(quar.)
1
9-15
50c
(quar.)
(John),
Lams ton
*
9-10
0-1
v,
(quar.)
$2 2nd preferred (quar.)
Mercantile Acceptance Corp.
12-30
(quar.)
common
y
1'.':
10c.
Creamery
(S.
of
(quar.)
Dredging Co
Corporation,- common
4VA% preferred (quar.)—..-
8-19
$1.50
Co
$1.50
9-10
1
Mead
8-20.
50c
-
9-
$1.12 'A
conv.
1
10-
McWllliams
8-20
6'Ac
Inc.
$2.50
preferred
(quar.)
McGraw-Hill
Publishing
Mclntyre Porcupine Mines
8-18
1
9-
(accum.)
preferred
Lake
5%
9-30
9-
(quar.)
Common
•
Homestake
9-
75c
—
(quar.)—
Lake
9-15
9-11
.___
preferred
Laclede-Christy
8-20
1
1
25c
(quar.)
common
2nd
10-
/
3-20"
8-17
65C
Co.
Co.
Realization
$3.75
9-30
9-20
12-20
4-1-49
9-15
Maytag Company (quar.).
McAleer Mfg., 5% preferred
(quar.)
McCord Corp.,
common
(irreg.)
0-30
(quar.)
/Lake
10-
ft
$3.75
8-31
9-15
,;Labatt
10-19
9-15
8< •20
10-1
1-2-49-
25c
(quar™) I—II—I '.:x>
RR.
Paper, Ltd.
4'A%
$3.40
8-13
25c
(quar.)
(quar.)
(Initial)
May
e-13 ;:
0- 21
0-13
12 VxC
Ltd., common (quar.)
redeemable pref. (s-a)
Master Electric Co. (quar.)
$50c
$87'Ac
7% 2nd preferred'(guar )
■
1
9- 1:
12'Ac
Kroger Company, common (quar.)
:6%
1st preferred
(quar.)
v
Hires
Hobart
9-
$1
10-1
1
Company
R.)
Massachusetts
$1.25
6 1
•
$2
Massey-Harris,
9* 4
9-14
-
9-1
.'.
'!
$1.50
4(A%
8-20
tr.-r.'i
50c
*
-
convertible
25c
...
8-17
j
9-15
Manufacturing Co.— preferred (quar.)__
Kroehler
3
8-27
8-30
95c
—
(quar.)
-
Company,
9-
%
9-10
15c
(ouar.)
Kresge (S. S.)" Company (quar.)
8-27
10-29
-
1
9-7
8-17
1
9- 1
.,-L
(monthly)
3.
9-10
-
(monthly)
Hotels
'
10-
60c
&
Shirt
(M.)
Mar-Tex
4
-
25c
Consolidated
Marsh
2
8 •21;
$1.75
-
—
Exploration
Products,
Co.,
Marathon
3
35c
common
preferred
Kress
' 8-26
9-15
'
25c
;
Hibbard, Spencer, Bartlett & Co.—
Hilton
25c
" $1.25
/
9-
9-
5
;
Mapes
9-25
1
9-10
10-
(P.
Maltine
8-26
X
75c
Koehring Company i—j
Koppers Co., Inc., common
4%
preferred (quar.)
8-18
1
10-
;
50c
4c
Common
9-21
9-
9-11
8-31-
/
8-
9-
Sales
ft
C.)
Manhattan
4»
■
*8-
& Sens
Power
(R.
8<
-
1
$1.50
—
Mallory
7
8-30
9-10
50c
common
common
Mahon
10-18
11-1
$1.12'A
$1.50
8-14
10- 1
>3
30c
2
9-
9-20
-
Extra-
2- 24-
1
9-
11- 24
9-1
$2
25C
'
(interim)..:
Mfg.
8-81
—
-Knudsen
8-31
9-
25c
pfd.
Inc.- (quar.)
Heywood-Wakefield
0-15
7'Ac
(quar.)
Products,
Hewitt-Robbins,
(quar.),
;
9-10
20c
(quar.)
preferred
Corp.,
(quar.)..
Company (quar.)
Madison Square Garden
(quar.)
Magma Copper Co
9-13
Iffl-
62'AC
-62%c
62'Ac
-
MacWhyte
8-20
9-15
1
10c
■
(quar.)
$1.50
-
9-10
'
common—
preferred
new
(quar.)
common
Nashville
Metal
8- •24-
8-10-49
$1-
^
2- 24
12-10
20C
-
41- 24
-
9-10'
..
1st pfd.
ft
12-10
3-10-49
50c
;
.
$25c
(quar.)
(M.)
MacLaren
8-20
9-30
10-
35c
non-cum.
Kirsch
8-31
25c
preferred
Coastal
f
9-10
10c
-
Co.
8-14
8- 24
$25C
preferied A (quatf.)—
(Walter M.), Ltd. (quar.)
'
8-14
15C
4'A%
8-31
9-1**
'
35c {
* ^? 60c
' 03%C :
(quar.)
•Kingsbury Cotton
King-Seeley Corp.,
1
9-
9-14
n
9-15
9-15
9-10
-
—
preferred
preferred
Lyon
9-15
50c
Ludlow
11-10
9-30 *
9-1
(quar)
Lowney
1
4
8-lt'
0. 1
50c
(quar.)
Taylor, 6%
(P.) Co.,
Lowenstein
8-10
1
12-
50c
(quar.)
common
preferred
A Kinney
•::'0^i;
1
1
8-
V
9-30
//
$1.10
:
—
(quar.)
Land
8-31
.250
(quar.)
ft
9-
9-1
12'Ac
(quar.)
(quar.)
preferred
Louisville
*
8-24
87'AC
preferred
Louisiana
8-24
-
'
Angeles Investment Co. (quar.)
Los Angeles Transit Lines (quar.)
8-20
8-31
1
9-10
15c
Los
9-15
:
1
8-31
8-31'
i
9- 1
25C
convertible
7 Vo
1
$1
—
(quar.)
Dock—
Lorlllard
1
9-
-
$6
—
9-
9-15
-
convertible
8-13
9-15
-
4%
9-
10c
—
Co.,
•
8-17
10-15
$1.25
Parchment Co.
convertible
prior
1
9-15
37'Ac
40c
(quar.)
Company,
4'A.%
/
9-
$1.75
9-
$1.10
convertible
&
9-13
30c
(quar.)
common
convertible
Lord
8-17
10-23
9-13
9-13
87'Ac
:
I
1
9-15
.
11-1
;
17'Ac
5%
0- 1
(quar.)_
—
Fibre
Extra
9- 3
'.
Hemisphere International Co.«^*
$6
3—
-
—,
$1.20
1
30c
37'AC
910-
1
$1.10
Co.
ft
9-15
10-15
10-
37 %c
v
—
(quar.)
Gas
Coal
2
8-10
9-10
As.AJZ A-
5%
*
9-15
:
Kerr-McGee Oil Industries,
Keyes
1
9-
,
30c
of Canada (increased quar.)
Kern County Land
Extra
Kerite
1
9-
9-
(quar.)__
common
$4.50 preferred (quar.)—---;
Kentucky Utilities, 43A% pfd.
10-1
*3*7 50c
share
pfd.
6%
common
Company,
Extra
9-
9-15
(quar.)
Company
Kendall
r
(Del,)-^i——25c
(initial quar.)
preferred
9-30
9-30
t40c
$1
preferred
5%
8-23
10c
25c
______
Kimberly-Clark
10-
<
25c
r
dividend)^
each
$4.50'
5
9-20
7 $75c
City Power & Light—^;
preferred (quar.)
Drug Co.,
8-
:
933Ac
(quar.)
8-20
9-15
30c
:
a__
(cash
Vegetable
preferred
1
8-
1
-
(quar.)—,
Groceterias, Inc. (quar.)
Lock Joint Pipe
Co., common (monthly)
Star
1
1
Loblaw.
8%;
I
8-20
9-
capital
Lorain
9-
15c
capital
Lone
9-10
10-
Extra
8-20
8-20
10-15
9-15
$1
40c;
-
9-1
; 25c
Brewing
$4
8-31
1 i
10-30
10-15
$1.50
Keystone Pipe & Supply, 5% preferred (s-a)
Keystone Steer & Wire (quar.)
9-
>-
75c
,
is
3.80%
" 8-25
8-31
■
(quar.)
9-1
»
$1
Co..
(G.)
-
15c ;
preferred
Hazel-Atlas
Kansas
*, 8-30
8-31
50c
3'
.
9-14
/
-
Manufacturing Co.. (quar.l
Kalamazoo
10-20
9-30
9-14
25c
common
(irreg.)
(quar.)^
preference (quar.)__
Joy
9-15
15c
■
Co.,
Oil
v 10- 6
9-10
—_i
interest
Laughlin Steel Corp.,
5% preferred A - (quar.)
Joseph ft Feiss Co.—
10-20
10-15
12-31
:
&
10- 1
11- 1
10c
crnvertible
Hathaway
Jones
8-12
-
'
(quar.)
Jones & Lamson Machine
1
»
(Conn.)
(quar.)
Refining Co.,
9-
v'
8-20
9-
11
Loblaw Groceterias Co., Ltd.—
Class A (quar.)
Class B (quar.)
8-31
35c
Ltd
Johnson
9- 1
9-10
9- 1
25c
'
(quar.)
&
Kelvinator Corp
Extra
40c
.--i
Sons
Johnson
8-10
8-17
8-17
8-20
9-10
9-10
8-29
l ;f
9-10
9-10
9-
15c
j
Co.—
-
Kawneer
9-
$1
20c
^
8-11
8-25
'
Co.—
Original
0-15
$1
common
8-16
$1.50
J20c
$1.37'A
$1.12'A
17'Ac
preferred (quar.)
Harshaw
Co.,
8-16
8-16
8-13
9- 3
8-16
50c
<
Harding
Harrison Wholesale
Tea
8-16
25c
10-15
RR.
O/lglnal capital
Special Guaranteed
Special Guaranteed
Special Guaranteed
8-31
$37'Ac
/.$%%, preferred (quar.) ----—:
Johns-Manvillo Corp,:
1-i—-iJ-
9-1
87'Ac
$1.20
$1.06'/4
0-30
Miami
9^-30
1
-
(quar.)
Original
7-30
—_
(quar.).
(quar.)
9-1"
i-
preferred
7%
Canada,
common
Supply,
9- 1
(quar.).
:
Co.,
(James)
Hanna
8-31
preferred
8-25
'
9-15
37'AC
-
class
Corp.,
0-
12'AC
(initial quar.)
A
preferred
Carbonic
Little
8-18
25c
2'Ac
9-15
40C
(quar.)
«
8-15
9-10
...
common
Corp.,
convertible
3 'A %
0-3
Lake
50c
M 50c
•
'
(quar.)
9
30c
common
Shoe Corp.,
25c
(quar.)
B
9
8-
1
Sulphur, common (quar.)___
preferred •(s-a)_--_-i————i---
Katz
Extra
Class
n
8-
9-1
30c
Water
Johnson
9- 1
9-15
1
9-15 9-10 '
10- 1
10- 1
9-10
>
.*
(quar.)
Paper Co., common
S
25c
1
$1
37'Ac
Sl.O&'A
$1.12Va
25c
(quar.)
of
Utilities
preferred
7%
12-10
8-10
9-1
*■
3 $22'Ac
—
common
$5
Jewel
-
0-1
1
9-
Jaeger Machine Qo. (quar.)._^
Jahh ft Oiler; Engtaving__-_t____i_—'—'_-s-*'
0- 1
Ltd
Mines,
8-31
$1.75
Manufacturing
Irving<(John)
'-31
8-13
8-14
9-
9-10
$1
Liquid
1
$1.75
(quar.).
new
Lipe-Roliway
9-13
8-25
9-10
Corp.,
8-16
8-IO
9-
$1.12%
Insurance
common
8-20
4
10-31
,
Lionel
Boston—
Service,
Fireman
Jefferson
0-13
10-
preferred
9- 4
U 9- 1
406
(quar.)
7%; preferred
(quar;):
Link-Belt Co.
(increased)
8-10
1
9-21
(quar.)
com.
beneficial
preferred
Jamaica
1
Life
Corp.,.
8-31
$1.75
Vr-; 50c
Lindsay Light ft Chemical Co.—
2
9-
10-
50c
Quarterly
8-20
s; 0- 1
9- 1
9- 1
- ;
;
1 37 Vic
12-20
;
Quarterly
Hall nor
9-15
Public
Iron
8-13
10- 1
•
75c
Co.
of
of
Iowa: Southern
8-13
8-13
8-13
-
$25o
75c
25c
(quar.)
Inc.
Iowa
7%
50c
\
Trust
Certificates
3.75%
•• 9-15
10- 1- * 9-17
9-15
8-20
-
$1.10
-
-
Gypsum Lime St Alabastlne of Canada, Ltd.—•
Quarterly
Hajoca
$1.25
25c
(quar.)..
(quar.)
common
i8-31
Investment
8-13
10c
Extra/—..-—--.—-
8-13
8-13
;
•
-t'frb 6c : ^8"3l
■'
35c
10-1
—
...
-
■
6C
—
Shares
Watch
8-31
8-31 :
8-315
8-31
>
Nickel
preferred (quar.)
International Silver Co.
r.
8-20
1
1
$4
8-13
1
9-
75c
Intertype Corp.
8-13
8-13
...
9-
17c
•
National
9
8-10
9
$25C
participating preferred (quar.)
7%
prior preferred (quar.)Lincoln Stores, Inc., common
(quar.)_!
8-20
—
Investment Foundation, Ltd.—
6%
convertible preferred (quar.)
8-13
lc
8-
1
9-10
■
(quar.).
8-31
J
Equipment
Railroad
preferred
8-31
8-31
-
9
8-
!
6%
9
9-
—.
Co
Publishing
Co.,
\ f':3c
'i:
9c
11'Ac
6'Ac
i-.-——30
—
Lincoln
<
2
8;
'
>
-
Lincoln Service
9-
9-10
(quar.)Ltd
v
4'A% preferred
(InitiaL quar.)
Lima-Hamilton
Corp.
(quar.)
8-17'
(accum.)...
Harvester
8-13
8-13
8-13
Extra
Railroad
Educational
preferred
8-31
-
8-11
Shares, Ltd.—
International
7%
8-20
1
ft
(quar.)
—....
Copper
International Paper Co.,
-
JEtailroad Bond Shares
filed
8-13
*'•' 5.-;
-4
-
$3.50
1
9-
8-17
(Initial)-
common
....
7c
Shares
Extra
Co..
8-13
8-13 /
Shares
Extra
Mining
Petroleum
new
8-13
-'Extra
Merchandising
Co.,
Consolidated
International
8-13
12-20
9-
9-30
(accum.)
Products Corp.
8-31
8-31.. '
■
12-30
:i 9-
31 Ac
Co.
Savers Corp
Liggett ft Myers Tobacco Co.,
com.
;
7%
preferred
(quar.)
—;
Lily-Tulip Cup Corp.; common.
9- 6
0-20
75c
pfd.
6'/a'A
Corp.,
Bros.,
Life
9-13
9-30
9-30
(quar.)___
8-31
'' 5c
-
8-16
9-15
*
7c
80
-
Shares
Britain
Salt
50C
8-
1
8-31
37 'Ac
v
9-30 '
0-1
9-
$1
4^ 35c
—
3%
Great
of
International
-
-
Priced
•
8-16
1
50c
$1.25
41.25
37'Ac
$3
Stock and bend group
8-13
8-31
8-31
9c
Shares
Company
8-31
11c
—-«
Shares
Extra
,
8-31
10c
Shares
Bond
Industrial
.
8-13
8-31 O 8-13
> 8-31
■:
8-13
'.j..—.—4%C
Extra
1
9-
U10-10
30c
-
8-16
1
(quar.)
(quar.)
Bank Group Shares, class A
;
International Bronze Powders, Ltd,—
/
6% participating preferred
(quar.)
International Business Machines (quar.)
International Cigar
Machinery
8-13
8-13
:
8-31
■
Steel
Institutional
%
8-13
8-31
;
(
■
Shares
-
8-31
0-
—
8-13
Food
Silica
Ingersoll-Rand
Special
8-13
Fully
9-36
8-10
9-30
9-
37'Ac
Lexington Water, 7% preferred (quar.)
Llbby-Owens-Ford Glass (quar.)
Liberty Fabrics of New York, Inc, (quar.)
Life
&
Casualty Insurance Co. i(Tenn.)—
Quarterly
9-18
75c
8-13
8-13
8-31
pfd.
Leslie
9-18
.
Inc,
Lewis
«-n
9-10
8-16
2
V>"?
—
7>
8-25
10-10
$20c
—
(James) ft Sons (quar.)
Lehigh Portland Cement (increased quar.)—
Leland Electric, 5% preferred
<quar.)
8-20
9-30
Shops, Ltd. (quar.)
G.), Inc., $4-pfd. (quar.)
Lees
$10c
Industrial Wire Cloth
8-31
1
—
Corp.
Rayon
Inspiration
? 8-
1;-:.
9-
Fabrics,
8-25
7'Ac
;
;
8-13
'>
8-31
V
:
I
7'Ac
::
Candy
j(R.
9-15
50C
:
(irreg.)—
& Cady po.—__j—u———
Lee (H. D.)
Company (quar.)_
7-
10-
-
(s-a)
Industrial
Inland
8-
Secord
9-15
$1
i'ASii. 8c
s
(quar.)
Lee
8-13
•
li'r.
(quar.)
~
—
9-
40c
•
University
Holders
Payable of Rec.
25C
;
Co
Extension
Tourneau
Lea
9-3
$$1.25
(quar.)
Le
8-12*
9-13
•9-
;£ 13'A%
Imperial Varnish ft Color, Ltd:, common—
$20c
$1.50 conv. partic, preferred (quar.)
$37'Ac
Indiana Gas & Water (quar.).
30c
Indianapolis Railways, Inc.
....
'
50c
Indianapolis Water, class A (quar.)
20c
5% preferred A (quar.)
$1.25
4Va% preferred series B (quar.)
$1.06^4
Industrial
1
31'Ac
common
Stamping
Salle
Laura
/ 8-12
1
9n
(interim)
preference
8-13
8-13
3c
:
—
Corp.
(quar.)
Mfg., 6%
Tobacco Co,
Ireland
(interim)
0-28
Equipment Shares—156
Extra
Electrical
Fvt-ra
lOo
.....
Shares
6%
La
<8-20
0-15
- $ 1.25/,
RR.
Imperial
8-31.8-13
8-31
8-13
8-31
8-13
4c-
Building Shares
Chemical
Common
-
8-31
8-31
.
-—.-C-.—2c
Extra
309w
-
9-
■A:
(quar.)-,
(quar.)
Bleachery ft Dye Works
Lansing
9-16
;
;
l°c
(quar.
Co.
When
.Share
Lanston Monotype Machine Co.
8-12
12'Ac
Mortgage
Press
1
9-
10c
(quar.)
Huttig Sash ft Door Co.,
5%: preferred
(quar.)
J
8-31
9-10
9-10
8-23
9-15
8-31
8-31
t
Co., 6% non-cum. pfd—
Imperial Tobacco Co. of Canada, Lt<L—
8-20
>76
5c
'
.i—.*
Erie
&
5%'preferred
^8-20
8- 7
9- 1
9-30
* 40c-10- 2 -'
$1.75
10- 2
30c
9- 3
• 75c
10- 1 < *
„ u
< • ' x. v
$1.28 ; 10- 1
--
Brewery.........i—.
Griggs Cooper ft Co.— '
6%
1st preferred
(quar.)
Group Securities; Inc.-—
Agricultural - Shares
0- 1
9-18
50c
---tV< '$75c
___________
preferred
Hydraulic
4 '
-f•'
preferred (quar.) ——
Oreat Western Sugar Co., common
Greenfield Tap
306 *
15c
; ;
'rt '
preferred
5%
Paper,
y
9-10
50c
$$1
*:
* y
—
——
Illinois Central
•:!
(s-a)-.-
Paper
2nd
7%
-i-.
•--:
Engineering Works, common...
Northern
Great
Co.,
(quar.)
Fire Insurance Co.—
Great Eastern
10-
Humphreys Mfg. Co., common.
30c
6% preferred
(quar.)—
$1.50
Hunt Foods, Inc., common (quar.)...25c
5% preferred series A (quar.)
12'Ac
Huron
8-20
8-13
8-13
9-15
9- 1
9-1
10c
/ $1. '
$1.75
"r
—.—.—.—
Humble: Oil ft Refining/ (increased) —5
-
—
—
(quar.)
Extra'-
Pulp &
Lanett
Inc.
Extra
Power
Co.
1
Per
0f company
Bryant,
Lane-Wells
8
\
Motor
Hudson
3 8-14
!; 0- 1
8- 6
8-25
8-25
>
&
3-
9-20/
9-30*.
9-
$1.25
Corp.—
9-
•
9-20
fl.l^'A
& Co.,
Mining St Smelting, Ltd
Car. (quar.)
Hudson Bay
9-15 >,
8-16
8-16
8-14,
8-14
-
-
Quarterly
Light
Sound
Howe
' 8-16
'
1
25c
convertible
$2.25
Houston
— — Name
9-8'
9-20
,
(quar,)^..———
5% pfd. (quar.)..
A.)
(Geo.
9-
0-28
$1.06'A
25c
—
——
!'V;
;v;:
r
Lane
preferred
(quar.)——4
56'Ac
(quar.)
—,—'
50c
Howard Stores Corp., common
(quar.)
! ♦ 37'Ac
4 'A %
preferred
(quar.)
$1.06'A
4
9- 7
9- 1
8-16
9-15
0-1
9- 1
0-15
Mfg:
preferred
Houdaille-Hershey
—..—.—.A*" $12 %c>;< 0-15
Co.
(hreg rx—-—. $2Goss&rd
(H. W.)
Co. (quar.)
_
35c'
Grace National Bank
(N. Y.)
(s-a)
; '• j
$2-
Gorbam
4Vx%
.
Monday, August 30, 1943
'AA*;.
Holders
,
.
9- 7
9- 1
-
-
.
(quar.).^
—
Hormel
*
r»
(quar.)
common
*
9-30
9-15
0- I
'* 9- 1
•
9-30
•>/ 9-30
9-15
-9-15
9-15
9-15
*
. -
——
8-19
12 Vic
10- 1
1 62%c ;■'* 10- 1
(quar.)-;
common
preferred
Company,
Extra
<;
9-11
—
-
—
$4.25
When
Share- Payable of Rec.
of Company
Electrochemical
Hoover
8-26
8-26
8-26
8-19
9- 1
9- 1
0- 1 ' <•'
9-11 "
2nd
5%
Name
-
Hooker
$5 Junior
/
Per
Payable of Rec.
Share
••.-*■**-
Insurance Co.—
Rutgers Fire
Holders
When
Per
,\
Nome of Company
Globs ft
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(836)
50
;
.i
'I7..V
-
Volume
of Company
.Name
X
^
Share
••*;!
•
Minneapolis-Honeywell Regulator, common—
3.2%7prelerred (quar.)_.
._
Mlnnesota Mining & Mfgi; common (quar.)_
*4
preferred
Minnesota
Power
Mississippi*
Missouri
< quar.
&
Co.
5%
(quar,)
preferred: (quar.)
(J. S.).*:Ltd.;/;(quar.)
Mohawk Carpets: Mills, Inc;~
preferred7(quar.) i
Molson's
65c
:v)
9-1
8-14
9-
*
10-
9-
>>
Bnewery,Y •LtdiU™*—^._■—-—-—-
Monarch
Tooi:::^_—_—
Ma'chine
Monmouth
50c
-
-
9-
v
*3.25, preferred
i
A. (s-a) _;
*4
Works .(quarj
Locomotive
4^/preferred
BloQre-|landtey^
5%.
Moore-McCorrnack
-
k
9-
Lines
37'/2c
*2
(quar.)———------
.Whse^
iDiabio^Oil, Minhi8r.3& Developxaent.
■>
9-15
59%C
*
3 • >
;
..
Mugkeg?n Piston- Ring__
Muskogee Company?, (quar.),—
Mutual ChepiiojiL. - w t
v
::
-
8^r. preferred > (quar:)
-
►I::18jo. prefen-«d: (quar.)
•Cu*ual Telephone Co. (HawaU)r-r.
VMO % preferred A < (quar.)
480% preferred A (quar.)^——
Nash-I^eivinatjor .Corp.
25c
Ii;
'v '
"
Old Line Life-Insurance
9-
1
8- 5
1
8-15
Alfalfa
•
Dehydrating
;
A. .Millihg
....
8-14
(qu&r.)>
<"
11-15
1045
11-15
4040
; Package Machinery
?;
8-31
'■•'.■■■Extra
90c
9-
1
A 8-16
9-1
*1.25
2
40c.
8-2*
9-1
8-9
-
8-J4
Co.,
5%
National
preferred
-1
848
$i
9- 1,
8-16
945
MA
045
9- 1
9-
1
8-20
10-1
9-15
64c
9-23
9-10
50c
8-31
8-16
.j.
*40c
_
—
1
Fibres
'25c
-
■
9-1
8-20
9-1
National
4V*.%
National
9-24
8-31
50C
9-1
8-20
20C
9-
8-
6%
8-31
9-15
62 %c
9-
10-
^
Z%
Erie
9-10
8-10*
'
8-20
9-10
8-31
9-10
'
"■'
A
10-30
A
preferred
12-15
12- 5
12-
non-cum. 1st preferred—..
*2.50/
' 50c.:
National Fire, Insurance (Hartford)
10-4
(quar.)
National Gypsum Co., *4.50 J>fd« (quar.) —
*1.12'/a
f 9- 1
National Hosiery Mills,,.Ltd.-?.,.... ;
&■■■■ iiois
10- 1
*15c
•,
Class A (quar.)__ll
•
f,%\ preferred
Ltnen
12 Vic
■
Service,
i.
(quar.)_,
common
V/2%
preferred
(quar.)_„
5.% (preferred
(quar.)
National Oats' Co.i,,!.,
.1
—
,
National-Standard
Co. (quar.)
National Stee) Corp. (quar.)!_____
National Supply Co.v common (quar.)
4 lh %.
preferred -(quar.)
National Tea Co., common
(quar.)
(William), Xtd,, 5%, pfd. (quar.),,
Inc.',(quar})-^-^,
NesbettFund,Jnc.^____
Nestle-Le Mur,' class A '(accum.)
Nelsneir
Amsterdam
NeW
England.,.Telephone &
New
Haven Gas Light
New
Jersey
New
947;
10-1
9-17
1,.
;-8-31
25c
9-
40c
8-
940
9-36
940
50c
9-
20c
Neiy*York Auction po. /(quar.)—
9-15
1
■
63
1
9-
1
Newport
Electric
Corp.,
Newport
50C
15C
News' Shipbuilding
_
N#gaTa Lower Arch Bridge Co.. Ltd. (quar.)
Weaving'Co., Ltd
Nineteen
Hundred ! Corp.,
(increased)
'
Norand'a
Mines,
Ltd.
(quar.)
Mining',
Ndrmetal
htd.
convertible
*2
Stock
;
r trlbution)
I
*
.v,
share
9- 1
of Pacific
8-16
9-10
8-31
1
9-10
9-
1
8-31
9-30
9-13
-9-10
8-25
9-15
8-13
9-10
8-11
,
will
for
G. & E.
North
be
each
paid
in
l/80th
the
amount
share
of
American
7 %
prior
Finance
,80c prior preferred
Philco
9-10
8-13
9-13
9-1
9-10
12-23
12-16
20c
10- L,.
20c
12-23
9-20
12-16
3
8-17
10-
1
9-
K
St.
1
9- 1
9-30
9-1
9-30
0-
9- 4
8-20
25c
.
25c
9-
25c
'
*
8-16
1
9-
'
91%
1
B
1
8-11*
8-11*
50c
9-11
10-1
New
$6
Scott
;Extra
Powdrell
A
Powell
River
Co
9-10
8-25
8-16
9-1
9-15
8-27
•
,
1
110-
1
•
Francisco
8-16
-
•
9-
•
10-
50c
9-
1
9-10*
•-9-10
*25c
8-23
■*
9- 1
,
.v
4
9-10*'
1
10-
1
29^c
1•
0-3
9-15
> 9-20
jqc
_
9-15
9-10
?
■
.»
9-15
-9-15
20c '
-
rr
8-14
f4i
(quar.)
9-
$1
>
-
20c
•Af^:
1
1
9-15
9-15 '(*:
1
9-
/
2
2 r"i
9-11
i:*
"
20c
737%o:
9-10
9-
1
8-20
9-15
50c
9-
9-20
40c
12 %C
77:
9-
9-15
9-11
8-25
9-
1
8-18
9-
,
.7
9-15
»
'7
Yr
Y
8-16
a
•
.
8-20 ^
4
10^ 4 h:
*1.35
■
12-
9-
'10* liff.
30c
•
/
■
1
'/IO-
*$1.06V4
(quar.)
0-
9-1
;
f*
8-13
12-10
25c
30c
r;
1
9-10
25c
/•
8-14 :
12 %c
12%c
9-
8-14
9-
8-16
$1.12%
10-
9-10
*$1.07
75c
10-
9- 8'
.
*1.50
9-10
8-20
Y;
8-11
9- 1
;
"
Ltd.—
$*1.50
10-30
10-
8
*60c
10-30
.10-
8
f1 M
*1.25
0-15
8-27
42-15
11-29
►-
Ry.—
Iquar.)
_
(quar.)
7-30^
9- 1
15c
preferred
Real
■
10-15
10-
1
9-15
9-
1
9-13
8-28
1
9-15
*1.50
10-
1
Paper Co., common (quar.).i.
preferred (quar.)
■_■;
Mfg., 3.65%
preferred (quar.)
*1.25
9-
1
Seaboard Oil
9-15
8-20*
10-
'
•Sears
Roebuck
Second
'
A
Canadian
Co.
tr 11-
4%
25C
9-
9-14
25c
10-
'
Acceptance
Corp.,
2
940
1
62 %C
9-
$1.37%
$1.75
8-17
I
8-17 ."27
9- 1
,
1
8-20
9-10
^-10
9-
0-2
8-20
9-27
9-
37 %c
3*
1
8-14
25C
9-
1
9-
1
10-
10c
common
6%
preferred A
(quar.):__A.
8iy40
Security Banknote Co., common (quar.)
7
25c
$1 preferred
(quar.)
A
25c
Seeger Refrigerator Co. (increased)
25c
Seeman Brothers, Inc. (quar.)
25c
Seiberling Rubber Co.—
class A preferred
5%
(quar.) ____________
$1.25
4%% prior preferred (quar.)
*1.13
Selby Shoe Co
:
12%c
Selected American Shares, Inc. (quar.)
" 10c
Seminole Oil A Gas Corp., 5% pfd. (quar.)_
12y2c
Serrlck Corp., class B (quar.)
25c
Extra
15c
Class A (quar.)
23c
Shattuck (F. G.) Company (reduced quar.)__
10c
Shawinigan Water A Power Co.
4% preferred series A (quar.)
—.
$50c
Sheller
Manufacturing Corp
25c
Shellmar Products Corp., com. (increased)40c
4%% preferred (quar.)_
59%c
9-
1
8-16
9- 1
8-16
25c
9-15
9-15:
9-1
9-15
8-26
*40C
7
9-
1
Shenango Valley Water Co., 5% pfd. (quar.)
5
.
8-13-"
9-10.;:
9-10
9*
1
8-18,.,
9-
1
8-18
9-29
9-10
"
9-15
710- 1
.10- 1
9-
~
2'
9-15
; 9-15.
"•
9-
7
10-
1
9-
1
8-27
9-17.
,
8-20""
'
9-15
8-25
9-15
8-25
9-15
8-25,
•
,
.
'
1
,10- 1
r,
.••<
8-13' '
1
*10c
(quar.)
9-
$1.25
>
1 •->
8-10
..
$l6c
.
^
8-16
35c
35c 7
J
9-
9-10
Investment
■
8-14
9* 1
9-
8-12-,
12-10
9-15
v
5c
1
12-31
'* 40c
25c
—_
__
8-12
$2.50
—
8-27
9-11
8-13
8-26
1
9-
*31l4c
.*
10-18
1
9-
$19c
(quar.)
1
78-31
1
9-
preferred—___—__
(quar.)
participating preferred
8-16 ^
9-
9-14
60c
International
/
9-13
> 55c
'
Co.
(Del.)
1
7
85c
OIVbC
s
Co., Ltd., common__^__
Securities
50c
3
1
5% preferred (quar.)
Seaboard Air Line,' 5%
9-20
10-1
53 %C
7-30
7 9-
•
*3.40
Lace
99r
Scythes & Co., Ltd., common {quar.)
$1
(quar.)_
70
17c
/
—
(accum.)
8-11
15c
1
10- 1
(quar.)f 1.10'
(initial) 2
Estate Co., Inc.—
common
9- 1
*
9-
ioc-
____
Scranton
25C
(quar.)
1
9-15
$i
~
>
8- 6
30c
porp.__.._.~._.__w___l..
Alexander
Extra
8-10
10-
Corp.—
8-14
50c
(quar.)
:__
9-10
•
•
9- 1
"
(quar.)
(quar.)
1
10-
; i
-
Paper Mills,
preferred
Scovill
—
Steel
9-10
9-
50c
i.
9-1
60C
of America
2 ;
50c
75c
10c
Potash Co.
2
10-
$1.75
preferred (Initial)
2nd preferred (Initial)
Extra-
Schulte
9-15
50C
A
9-10
10-
-
'A- /AOc'--'
(quar.)
*50c
(quar.)
class
10-15
V 9-10
Sayre A Fisher Brick Co.—
8-28
93%C
Co
.
1
8-20
-.25c:
_i
A
9
10-15
10-2
$1.75
common
Art, Metal Wqrks
4.40 %
8-16
9-
9-1
20c
common
Plate
Company,
11-
90c:
(quar.)
5% preferred A (quar.)
Regis Paper, common
.
A
1
"
6% A. preferred
Oil
11-
*'
preferred
2
9-
(quar.)
St.
-
(quar.)
Corp.
8-
9- 9
I
Co..
San
9-: 8
8-30
•
25c
Co., Ltd.—preferred (quar.)
Louis
8%
8-19
:<
10-
1st
$2.40
St.
1
V
1
1
^
Lawrence
$6
8-10
30c
25C
1010-
$1.50
preferred (quar.)
Saguenay Power, Ltd., 4%% pfd. (quar.)__
St. Joseph Lead Co.____.
•
St. Joseph Water, 6% preferred
(quar.)
"!9- 1
11-12
•9-1
25c
v
-—_________
4%%
A
8-30
:
15c
(quar.)
6% preferred (quar.)_.^__.__...___...__.
Ruppert (Jacob) Co., common
'
'
25c
Corporation Ll._
Roxy Theater, Inc., $1.50 pfd. (quar.)_____
Royal Crown Bottling Co. of Louisville— •
945
9-30
9-10
1
m -
Materials
F
9-10
25c
Rowe
8-26
8
$1.25
-—
10c
•
Bros., Inc. (quar.)
Ross Gear A Tool (Irreg.)
8-20
$1.50
Company
1
Roos
8-20
10-
75c
Portsmouth
19- 4
9V
*1.50
•v";
Class
of
9-
*1
Glass Co
'
Pittsburgh Steel Co'., 5% pfd. A
12-
—
Extra'
9-10
1
9-10
87 %C
preferred (quar.)
Phillips Petroleum Co. (quar.)—^
Photo Engravers A Elcctrotypers, Ltd.—
Irregular _______________
Plllsbury Mills, common (quar.)_
*4 preferred (quar.)
i___—
Pioneer Suspender Co. (quar.)__
Pltney-Bowes, Inc.,' common (quar.)
4Vi% convertible preferred (quar.)___
Pittsburgh Bessemer A Lake Erie RR.—
Poor
Pacific
8-20
10-
:50c
3%%
Pittsburgh
$-13
,
Paper
4%%
s
(quar.)_
(s-a)
Pittsburgh Coke A Chemical Co.—
$5
convertible preferred
(quar.)
Pittsburgh Consolidation Coal Co.
Pittsburgh Forgings Co
1
1
•9-10;
v
,V
..e-yt
A Electric
Mfg.
Rolland
;/■
8-22
10-1
25c
:
Plymouth
,
3
8-13
25c
(quar.)—
common
3*
'7 9-
-
5% " preferred (quay.)__^:^A^Ui^___A_<j?-'^$1.25
5% preferred A (quar.)
*1.25
5%
prior preferred (quar.)____i'_j;__^^_^',Y<;'j *1.25
,
h 9- 7
35C
preferred (s-fl) a——Electric Co., common (quar.)_
(quar.)_
Corp.,
9-
Common
non-cum.
Plastics
87%C
9-
9-15
A
Corp.—
preferred
A
8-31
30c
Extra
3*
1
common
Rock wood & Company,
5
25c
Pittston
11« 1/
preferred
80c
Rockwell
9-21
9-
9- I
$1.12%
9-23
held
10 1
A
,8-22
1
9-1
—
0-10
lieu of fractional shares of Pacific G. A
casb
9-
26c
10-
9- 3
8-27
dis-
Gas
9-15
$1 •
i : 20C
20c
10-
9-30
940
v
10-15
$2
*1.75
Philadelphia Suburban Water,
*3.65 preferred' (quar.)
9-
10-
■
Ages Corp.- (quar.)
.■: - Quarterly •
9-8
-
Quarterly^
1
1
87'/2c
(quar.)L
A
preferred
of
Ronson
25C
50c
9-15
*6-1
Co.—
(accum.)
5,A% prior preference 1st series (quar.)
Pittsburgh, Youngstown A Ashtabula Ry. Co.
7%
preferred (quar.),
—_
$8c
-
(quar.);
dividend)
liquidating
(partial
One
8-27
9-15
75c
(quar.),
(cash
8-15
Electric common on each 80 shares held.
Subject to the approval of the SEC. In
43%c
.
Co.
dividend
1
9-15
8-16
10-
id* i
40c
$1.50
50c
(Increased)
preferred
North: American
i'
*75C
'
common
9-10
1
50c
$1-
Noyfolk & ^Western Ity., common (quar.)M,
North American Car Corp.,
A
9-
30c
pfd. ser. A (quar.)
1
9-15
50c
$40c
Electric; Corp.? (quar.)
Nopco Chemical Co;, 4%
8-16
10- 1
$50c
Niagara Wire
Noma
9-
,
45c
93 %C
A Dry Dock
l
10-1
75c.
-
(quar,),,,
common
(quar.),_l__1
preferred
9-15
910-
$1.25
Philadelphia Suburban Transportation—
8-13 :>
10-
93%c
preferred (quar.)1
Newberry <J. jr.) Company__i——
Newburgh Steel Co. (quar.)_______—
NeWmont
Mining Corp
'
I
vt '
■■h 9-15
-*
Quarterly"
■
1010-
Raisin
4%
8-14
10- 1
Philadelphia, Germantown A Norristown RR.
"
*2
Rock
9- I
$i
$1 div. preference common
,
8-20
New York
Chicago A St. Louis RR.—
%% preferred A (accum.)
New York Dock, *5 n<m-cuni. pfd. (lrreg.)^
New York gtate Electric A Gas Corp.-r-
H '
9-15-*/
9-7
50c"
preferred
1
,
Paper Co
Robertshaw-Fulton Controls,- common
4%% convertible preferred (quar.)
Robertson (H. H.)
Co
Robinson, Little A Co., Ltd., class A
A
Philadelphia
■0-30.;
*i.:
,,,_
Rochester Gas
*1.12%
Metals
Paul. Inc.,
6%
:
3
7-27-..
40c
8-11
—
'9-10-
$1.25
\% pfd. (quar.).
2
4%%
3V2 %
•
8-31 »?
9-15
60c
8-31
preferred
River
1
56c
(quar.)
Phelps-Dodge Corp.
Philadelphia Co., $6 preferred
*5 preferred (quar.)
8-24
,
9-15
9-1
Trading Corp.—
*1.25 participating class A (accum.)
<PfaudlOr Company
-1_«
Pfelffer Brewing Co. (quar.)'-^,
Pfizer (Chas.)
A Co., common (quar.)
8-17
15c
-
Telegraph-,-— -l
L
8-10
(quar.)—.——
Power A Light,
9-14
8-31
8-31
—
Jersey Zinc Co.—
York Air!Brake Co.
New
9-24
9-14
9- 1
(increased)
Casualty
Neiv _Britain, .Gas JUght^Oquaj.)
30c
$1.75
Co., common (quar.)
preferred (quar.)___
Petroleum
9-15
x
Milk
8-21
.!
'20c
—
New
Pet
Peter
9-
8-
-
Company
9-15
-
8- 1
9-1
8-30
/"
(quar.)
9fl5
10-c L
$*1.25?
_.
7%preferred
Permutit
'945
37 VzC
—,
,,,
Bros..
9- 1
$1.10
25c
—-
1
10-
15c
Rlegel
$4
8-20
40-
*1.12%
(quar.)
(quar.)
preferred
T 10- 1
9-15
—
__________
preferred
?;!
"
9-
*1.12 '/2
Nellaoa
Permanente
(quar.)
A Gear
10-
$i;25c
,
(quar.)__
Machine
10-
50c
t
.
Perkins
8-20
"
25C
4V2%
Corp.,
10-
15c-
*1.25
—
Perfex
7
Corp.
2- 6
■
•
*1.25
'$1.75
(quar.)
preferred (quar.)
Richfield Oil. Corp.: ( quar.)
Textile Corp., common
11-8
11-15
9-15
9-15
15c
8-19
/
Goods—
02 %C
<quar.)
9
quar.)
A
Corp.,
9-9
60c
•'■'■;•
Circle
10M
9-
$1.12y2,
50'^
8-14 ;H("
1
2nd
r
>8-23
945
11- 1
s
$1.50
—
0-
Co.
.
National
9-30
$1.75
A (quar.)
i- 6%v',preferred B
(quar.)___
National
Life
&
Accident
Insurance
p?,*;! (Tehn.). (quar.)
•A''9- 3
25c
.
.
10-^ 1
7%
f
Perfect
42- 3
U5C
-National Lead Co., common jquar.),
11-2-49
B
12-15
25c 8-15-49
1
preferred (quar.)
$1.12%
Rice Ranch Oil-'
•?
Ic
1st
>
9-17'
9-
•
,
4%%
7%
8-27
1
9-
'
9-18
8-17
9-13
*1.18%
v
25c
preferred A (quar,)
10- 1
'
Peoples Gas Light A Coke (increased quar.)
Peoples Telephone Corp., common (quar.)__
4^% preferred (irreg.)
9- 3
*15c
—
—
9-10
10-
10-
•
♦!
1-v-i
9-
50c
\
8
9- 3
"
1
12%c
-
preferred (quar.) *.:«
Rheeni 'Mfgl- Co., common (quar.)..
8-27
-9-
0-15
50c
3.6 %
6
10-
35c*
Copper A Brass, Inc.__
Reynolds (R. J.) Tdbacco C(h—•
Al
8-27
-
9-15
37%c
(quar.)
8-2-
9-15
,
37%c
>-
9-10
8-31
25c
Revere
"
—_________
preferred (quar.) —a::
—
Pennsylvania Water A Power, com. (quar.)_
*5 preferred (quar.)
Peoples Drug' Stores, Inc. (quar.),^^—____
8-17
?
-
preferred
8-
Steel
62%C 1- 1-49
(quar.)
•8-13
y
Extra
6%
8- 6
-944
.
62%c
'
/ $2.25
5
9-15
.
(quar.)
■J
Rice-Stix Dry
-
8-17
1
A 93%c
(quar.)
convertible preferred
Republic
'
Pennsylvania Salt Mfg. Co., common
Pennsylvania State Water, $7 pfd. (quar.),
Pennsylvania Telephone Corp.—
A10-20
$1.50
•Y'/;408;
—^____oL
1
1
40c
,
<
6'
9-
37 y2c
<quar.)_^
common
6
8-
9-
$1.50
•
Inc..
6% preferred B
Republic Petroleum
A
6
9Yl
31%C
—
f(quar.)"
prefe^-ed
4.40%
8-13
2c
5%
Class A
1
0-1
*1.50"
:
Penney (J. TC.) Company
Pennsylvania-Dixie Cement Corp.
Pennsylvania Electric Co.—
3.70% preferred C (quar.)
8-13
1
9-4
*15c ::
*1
it.
8-31:
9-
$1.25
-
k
-
2nd
—
*1 preferred-(quar.)
8-10*
9-4
9-10
.
*12'/2C
"
i..j
preferred—,
Corp.
non-cum.
(irreg.)
5%
Comfnon
8-16
12-15
National
—
preferred (quar.)'
Penick A Ford, .Ltd.
Peninsular Telephone Co.—Common (quar.)
Y
9-18
9-10
u
45cr
J
1
i
-30C
f
Y 8-28
*1.06
.
Convertible;; preferred. / (quar.)
National Electric Welding (quar.)
'
9-15
-
20c"
(quar.)—
,T„
1__,
Patterson-Sargent
Peabody Coal Co., common
: 6%
preferred (quar.)
f
9-30
30c
Dairy Products (quar.):-^--—
National Discount; Corp., common iquar.) J5
5 % X* preferred
(quar.) _______
*
National Drug & Qhemlcal Po.. fit. Canada-rCommon
_______—
_____
A
8-
1.
10-
.
(quar.)
1
*25c
">
■
9,
*1.25
' 60c
—
Inc.
•
9-
25c
preferred (quar.)
Republic Investors Fund—
9-10
9-15
8-31
$1
(
:
Cylinder Gas," common
pioferrfd. (quar.) — -—
A 10-15
12Vic
^quar.),
8-10
f 9-15
'
8-18
$4.50
.••••.
'
25C
8-31
Remington Arms Co., Inc. (interim)
Remington Rand,
Inc., common
8-20
9-10*
8-31
"50C
Casualty (Detroit)
(quar.I
National City Lines, Inc., common.,..
$4 preferred A (quar.)—
Natio.nal Container (Corp. (Del.)—
•
9-14'
10-15i
x
$1.75
■
8-16
8-10
-9-24
>
40c
National
.
•
-
20c
National Bellas Hess:.—
National Biscuit Co.,/ common,,—
7%. 'preferred ;(quar.|»i>.,^..,
National Cash Register Co. Iquar.)
Common
9-1
9- 1
62 «/2c
(increased- quar.)
8-31
9-15
L_
3 '/a %
8-26
25C
Parkersburg Rig A Reel Co., common
*i.06y4
*4.25 preferred ; (quar.)
Parmelee Transportation
20c
(quar.)_
'I
Paton Mfg. Co;, Ltd., common (quar.)_____
*20c
'
'/• $35c
='Y
7%
preferred (quar.)
'
-.
(quar.),_,
Automotive
9-30
v—50c
class
Mills,
-
•
-9-10
Regent Knitting Mills. Ltd.—
$1.60 non-cum, preferred (quar.)•-•••f $4Qe
$1.60 non-cum. pfd. (quar.)
r
*40c
Reliance Mfg. Co. (111.) ,• common (quar.)
25c
,
40c
/Parker Pen Co. (quar.)
Parker 'Rust-Proof 'Co
•
>
1
' 25c
Brothers,
'
;
Hosiery
preferred
Reeves
0-10
10-
*i
Page-Hersey / Tubes, - Ltd.. (quar;)
PantepOc Oil Co', American shares (initial)
11-23
4%%
9-15
30c
"
1
(Increased)
•
Silk
1
9-
$1.18%
50c
—
(quar.)
prior preferred A (quar.)
7% preferred (quar.)
Red Owl Stores, Iric. A H
5%
(ca*h dividend)
participating
9-
,9-30
2%%
.a
•75%
'
12-16
9-24
Real
8-10
*25o
Stock dividend
8-16
9-1
8-10
9-10
$1.12%
Tail Power Co.", hew common (initial)
*3.60' preferred (quar.)
Oxford Paper Co.. $5 preferred (quar.)
Pacific-Finance Corp. (Calif.)
(quar.)——
"Pacific'/Lumber..- .Cd.—__I_
"
9-10
;■
9-10
*$1.75
.
—
M 9-1
50c
50C
Otter
8-16
8-20
Ltd.—-
Co.,
tjjo - ^preferred (quar;)
Oswegd-Falls .Corp;, 4 Va % pfd. (quar.)
,
•
9-15
8-31
;
250
___.
^ Extra
■
r:
8-14
9-30
35c
Inc.", • $2 prefwred (quar.)
Ray-O-Vac-Co.
(increased quar.)
Reading Co.i1 4% non-cum. 1st pfd. (quar.)
Reading Tube Corp.—
1
9-25
15C
common
' Ontario Steel Products
•
.
8-14
1
Refining Corp
•
Natiopal.
1
9-
40c
-A
Co., common j(quar.)__a___-_
3%%
preferred
(quar.)
Rapid Electrotype Oo. (quar.)
t refill
of America~
Co.
20c
Olln: Industries; Inc.,
Oliver Corp.
.
8-14
9-12
35c r
:
"i:;/
*1.12 »/2
-■Quarterly:
8-18
?-$l';:-
.
..
Na5fhYiileChattahooga&,St..LOUisRy.—---
8-15
9-
>
(initial)
(initial)
Purina
9-
12-12
12C
.
9-15
Ralston
56 '/«c
; :• Common
Y
12.28
12c r
'
.
•
Ohrbach's, Inc., • $2.25 'preferred A (quar.)_
8-14
IM,' 1
Quaker State Oil
8-15
400
»•
.9-15/
1
r 9-15
258 il
'
'
''
9-28
•
.
10-
V.
9-10
8-13
■;.
,
Rayonier,
3
9-30
-IMOty!
*1.10
'<■£.
Seamless Tube.' Co.__>,
Pacific'Mills
4,viij; t'..'
9-30
0-20
1
com.
_____
Rath Packing Co.__
Raybestos-Manhattan,
9-10
9-11"
$1.50
60c
1
v
5% preferred
(quar,)
Purity Bakeries Corp. (quar.)_,_____i.
Purity Flour Mills, Ltd., common (s-a)
Quaker Oats Co., 6% preferred (quar.)__^_
-
8-20 A
1
J
*
9-
„
common
common
9-10
8-13
9-4
'
r
9-
Co.,
9- 3 A-
8-16
X
7-28
9-1
55c
Oil
Extra
9-30
•
-t
»m,
25c
;
s;->
«.
Pure
9-
9-24
-371/2C
l..
1
8-27
9-15
9-1
50c r
7*1.75 i'
9-
1
$5.25
■
•
.
9-15
10-
8-19
10-
dividend)
*1.20
1
9-3
Mfg.. Corp.,. $7 preferred (quar.) —.
■'
Murphy; (G.< G.) Company - tquar,)
Muskegon Motor. Specialties, plasa ..A (auar.).
20c
*25C
(quar.)'__
(stock
•
-
10-5..
9-1-
Y.) —
held.
$4.75 preferred (quar.),
Pullman, Inc. (quar.)
37V2c
^
MuMins
Common
9-14"
i
10-15
87 %c
Industries, Inc.—
Ohld WaterASei-yicei;,,,,,^,,,,.,,.^,,^-..
8-20
9-
8-20
io-
'
A>iv/AA.yVA';
A
.
Indiana Gas A
A Gas,
preference
Ohio
9-29
«<
9
div.
Electric
;
'
jhctra
Publicker
(N.
quar.)
;
'"
.j;
$1.40
8-12
t
.1
Ohio Power Co., 4Va%pfd. (quar.)
Ohio River Sand, 7% preferred (aocurn.),,.
1
9-10
40C
c
8-12
1
,-***-■
Indiana—
•8-16
8-31
25c
*1.25
•
tax
1
i
8-5
.
60c
a
share
of
Co. for each share
Public Service
9-
8-19
$1.06(4
of
9-
Co.
Colorado—
dividend)
preferred
9-
—
of
Co.
(stock
Water
3% %
1
9-8
•
(quar.)
8-27
•
8-31
/:
**1.50
¥"•. U1
!
8-16
r,
9-
preferred,., (quar.)__^V • *1.25
6% pfd. -(accum.)$1.50
of
8-3i
-
t'
10-
v20c
'
8-16
^
.
6/100
,
.
1
9-
Light & Power Co., Ltd.—
African
Co.
preferred
Common
Ohio
-<
'
X$1.75
9-20
o-i(r
;
8-14
4%%
iW-'AA
$1.12'/2
-
9-
10- I
XM■,;
—
$ 9-10.Y,
#A£:*t30$5
25c
.
Oak Manufacturing Co.- (quar.)
Ogllvle Flour Mills, Ltd., common
7%
preferred (quar.)
■
i
$-2T>
-945 ;:v
:
Public Service—
preferred i (quar;)i,,_.
Pharmacal Co.
(quar.)
„of South
*
8-20
8-21..
15c
A '
a
Service
Public Service
©3%C
preferred (quar.)
O'Okiep Copper, Ltd.—
7
Payment of 3s 9d or;69%c after deduction
:,»
9-. X'
1
$i
5%"-
Light,
Quarterly
Lines—
(quar.).,.
Associated; Telephone—
- • ;
*2.20 preferred (quar.) —J—
8-27
Ohi? Edison'; Cd.$. common:
8-27 4
4A9% ; preferired Y(quar.)
8-27 : J Ohio?Oil Cor (quar.):
■8-14
Extrwv-:_ij_i::i__________^
,
.
9- 1 '
>
Greyhound
preferred
4%
i
>
8-18
,
$1.25
9-
(aocum.)
Co.,
Electric
Public
—
'h8%preferred' (quar.)
-
«.»
$1
60c
(Wis.)
preferred^ (quar.)
Nova Scotia
8-10
10-. 1 -1
5%
3%%
•'
11-10
__■
Morgan:: <J. rP.)
Morris ;Paper Mills, ..common .(quar.)
434 %,preferred /(quar*) ^
Morrison Cafeterias Consolidated,. Inc.-— u"
7% preferred.; (uuatt>
s
—...
Mo^inef , Paper^MiUs, Co
:
:
Motors Finance Corp. common ^Cquan)
preferred! (qiiar.K5--—
Motor
Mount
>
9-1
preferred'-'^$1.25$
Public National Bank A Trust
8- 2
4%'%;
8-10 ;
9-15
8-16
Norwich
8-24
|v
1
1
9-13
Northland
8-13
t
_
7^/preferred
4 *7 % . preferred
..
1 « S
9-
12-
9-
$4
V Northwestern
1
8-18
10- 1
475c
(quar-.)—__;—
Xa-^^'4250*7 10- 1 ■"
*. (quar.)
-—:—"--,441.75 •' 10*4
10- 1
B dquar.)
v 4$L75;9- l fc
Hardware/ common—;—. .7- 20c/
(quar.)
Moqre.' porp.;iLtd;,r,,common
v.
1
9-1
*1.62 Yr "'V
$1•
*44c -~
*20c J
--—■
<quar.)L^i-—Ltd., 3% pfd_ (quar.)__:_
preferred;kB
Montreal Cottons,
Montreal
9-
9-
-
Public
-
,v
?
Prosperity
8-16
.
Park: Jockey
Club—7f
5%
convertible; preferred Caecum.)——81.25 :
Monroe Loan Society,-5 y2% pfd. (quar.). 7 34%c Monsanto Chemical,'common iquar.)_
77: 50c
8-23
:
8-31
i
9-15 v
.
8-16
Preferred
Holders
Payable Of Rec.
*3c
-
Inc.—
1
"
9- 4
V 8-31
•9-25 )
10-1
9-24
9-1
Northern States Power
9-15
•10-1
10-15
,___-____w_
9-10
Northern Liberties Gas^
8-31 ; y
.
•
Prentice-Hall,
Proprietary Mines, Ltd
Prospect Hill Apartments,
9-
8-27
•
8-31
8-31
25c
Warren Corp., $3 pfd. (quar.),—_
River, Insurance (quar.)
Wkter Co., $2 preferred (s-a)_
prior preferred (quar.)_^
When
Per
■
-
*2.50
:
:
9-20
i5c
•
Share
(quar.)_
Inc.
75c
/
9-15
'
"■i.1';".
A,;\V
•
Co.
;.9-20
*1.50
*1.37«»
(quar.)
Food
North
8-13
1
1 !
Refractories
"
■
Name of Company
Pratt
—_____
(887) ,51
<i '
V
Holdciz
Payable of Rec.
-Northeastern
8-13
7-9*-9 7
425c
-
Knitting- Co., -Ltd., common...
*25c
4%.%, preferred (quar.),:__~—*$1.12'/2
Monarch Lite. Insurance Co. (Mass.)
(s-a)_-77 *1.25
Monarch
)
v
20c ••.VOrTTv
62%c: 7 10- 1
—~
7—
l
American
(accum.)
When
Share
f-J:
.
|
1|
Northam
'
-
8-20 ;
-v
,
50c
■
North
'
;
preferred
5%%
*
iC 9-15
-
$750
...
—-—A
1
9-
9-15'
*1.25
7-
8-25'
'
/.
,
«
North American Investment Corp.—
6%
preferred
(accum.)
'
8-20
10* 1
&
25c
,7
I
A
8-25
•:
$1.15 w
.7 30c
-
—
Mojud/HpsieryYCOvj/Inc^/Commpn
CHRONICLE
Per
Nome of Company
i;
8-25
V
9-13 "•«
-
'i'l-'
9-13
—
——.
_
Mltcheil
5%
80c
:<4 50C
■
——~_
Service--.——lit:—_____
Missouri. Utilities' Co.;, common.
.
-•
9-10 >
>
'7;
.
Light
FINANCIAL
Holders
Payable of Rec.
5Cc
-
Power Co:, *4.60 pfd.. (quar,)—
Public;
&
•_
Per-- When
;
'
COMMERCIAL
THE
Number 4729
163
9-22
8" 2
10- 2
.9- 2
.
9-13
8-26
10- 1
9-15
9-30
9-15
9- 1
8-20
52
Shepard-Niles Crane & Hoist Corp
Sberwin-Wjlliams Co., 4% preferred
9-10
>
25c
1
8-13
8-31
Class
B
$25c ;
9-30
9-15
0-1
9-15
9-
—
9-15
50s
w
4
99-
Royalties,
Signal
Class
B
1
25c v.;
(quar.)*!—
class A
(quar.)
;
Signode Steel Strapping— ;
'
Common
(increased
(quar.)
9-15
9-
1
preferred
5%
(H.)
Ltd.,
Sons,
&
$30c
9-
1
8-
9-
1
8-
2
80c
9-14
8-25
50c
9-
1
97'Ac
9-
(Increased
Common
8-20
2
9-20
9-10
50c
9-10
9-10
—
Extra
87yac
$1.05
(Howard)
Paper
Sound view
Tilo
4.68%
9-30
Timken
10-20
9-30
Tlshman
25C
9-10
8-
R
Title
10c
9-30
9-
1
Title
31'Ac
75c
9-30
9-
1
8-31
8-14
Tivoli
60c
30c,
8-31
8-14
Tobacco
0- 1
8-12
0- 1
a-10
•
Water, common
preferred (quar.)
preferred
(quar.)
Southern Pacific Co. (increased quar.)
4%%
Southern
Common
(quar.)
Union
1
Co.,
Insurance
Life
Accident
Inc.,
(quar.)
Standard
Chemical
Co*,
Union
25C
8-21
shares
i'at
$3.75
preferred
Union
8-13
Union Terminal
9-15
9-13
25C
Tank
fractional
Cash
Standard
Oil
Co.
(Ky.)
(quar.)
Standard
Standard
Co.
Stedman
Bros.,
Products
Sterling
Stern
Drug,
&
4VA%
Stix
&
Stokely-Van
5%
10-
tr
9-20
Union
Preferred
8-27 4
Union Common
9-6
9-20
United
9-
8-23
1%
Air
United
,9-10
3
Aircraft,
Artists'
9-
1
7-30
United
.•(9-
1
7-30
United-Carr
10-1
9-20
United
0
:>:■
Stratton
&
Tersteggc
8-20
United
9-1
8-26
United
9-20
$1
9-15
8-13
506
9-10
8- 4
Stuart
(D.
A.)
Co.
4^ 1
Fuel
class
A
12-10
11-10
7%
9-15
8-31
7%
9-15
8-31
8-20
8-18
6%
75c
9-15
60c
9-15
9-
"
20c
9-10
8-20
25c
4 9-15
8-30
$1.25
9-30
9-15
12-31
12-18
$15C
Co
10-
20C
;
1
j-
9-30
zi': 50c
9-
r
1
U.
9-15
S.
7%
9-15
■r
U.
8-18
;
56c
10-'
1
25c
10-
9
25c
,
10-
25c
(quar.)
pfd.
Oil Co.", Ltd.—
10-
1
1
U.
9-21
1
8-27
1
9-21
U. S.
8-13
1
S.
4
.
U.
preferred
Lines Co.,
Willson
&
common
9-13
Wisconsin
&
Hirsch,
A
participating
preferred
(quar.)
.
25c
4%%
preferred
preferred
A
Superior
Oil
Co.
(Calif.)
Paper
co.
9-15
10-15
9-
10-
1
9.
10-
1
v
i
9-
50c
8%
1
9-
Swan-Finch
6%
Swift
Oil
preferred
&
Corp., 4%
(quar.)
8-20
S.
U.
S.
7%
Company
Sylvanite
Gold
Syracuse
Transit
Tacony-Palmyra
•>:
Corp
^
com.
Corp,
—
9-
l
8-16
1
Steel
Steel
8-18
Universal
Insurance
10-
1
9- 1
Universal
Pictures Co.,
1
8-20
4(4%
9-1
8-16
Universal
9-30 :
9-15
Universal
:,r $i"
.
90c
preferred
9-15
9-20
5%
Life
Products,
Winding
convertible
—„
_
9-30
9-15
$1,25 4 •11- 1
.
9-17
Upressit Metal.
i
7-30
.Upson-Walton Co.
150
:
0-
9-
1
9-
8
10-
1
9-22
10-
9-15
8-18
Woodward
10- 1
10- 1
8-10
Woolf
9-30
9-
Woolworth
•
8-10 ;
10-
8
9-13
$1.75
11-1
10-22
V
75c
9-
1
25C
9-
1
10- 1
30c
9-
9-1
$1.12'A
10- 1
9-15
10- 1
1.
Wool
J 9-15
;
9-10
25c
10-
1
9-
8-20
9- 1
9-15
8-31
*
8-16
4:v
I:.':'
4 9-13
1
10-31
8-20
8-
8-30
9- 2
8-20
1-3-49
10- 1
.
12-17
1
9-15
10-
9-
1
9-1
8-21
$1.12'A
9-15
9-15
8-31
9-
8-20
31%c
Bros.,
Inc.,
(P.
8-31
8-131
9-1
8-13
25C
9-3
——,
Co.
Combing Co.
of
convertible
8-19
8-19
SOc
9-29
9-13
S0C
9-28
9-16
$1.25
9-28
9-16
(quar.)
preferred
(quar.)_
56'A C
9-
1
8-20
50c
9-
1
8-10
(quar.)
Canada,
prior
9-
3
(quar.)
4'A%
W.)
1
25c
31V4C
(quar.)
$1
Co.
Ltd
140c
preferred
Wright-Hargreaves Mines, Ltd.
Wrigley (Wm.), Jr. Co.—
Monthly —:
Monthly ;;r _
--;: —
,,
Monthly '
Monthly
Wright Aeronautical Corp__^
*
if
10-11
9-25
25c
9-
1
9-15
9-
1
$1.12 VA
(quar.)
9-20
$I.12'A
9-15
9-
1
(quar.)
-
$4c
10-
1
8-26
—.
25c
9-
1
25c
10-
1
9-20
—
25c
11-
1
10-20
.25C
12-
1
11-20
^ ^: ;y
rf
9-15
8-20
-
-
...
11-30*
8-16
9-18
Wyandotte
Extra
9-10
8-23
Wysong ft Niles Co., common-.-—,
:
9-10
.
$5
11-30
11-15
10C
8-31
8-16
10C
8-31
10c
9-15
8-31
4%rloc
Worsted
12-15
11-30
3-15-49
2-28
——
(quar.)
■
:
——
Common
8-23
,
56'Ac
9-1
8-
6
30c
9-
7
9-
9-15
7
10c 6-15-49
Yale & Towne
York
Corp.,
Young
Manufacturing
4VA%
(L. A.)
preferred
Spring & Wire Corp.
9-30
9-20
9-17
(quar.).
25c
8-13
Youngstown
8-18
•Transfer
9- 1
Steel
Door
books
not
1
9-
1
9-15
8-13
9-15
9-
1
•
,
closed
50c
9-10
8-31
tPayable in U. S. Funds,
><•' 20c
22(Ac
9-30
9- 1
9-15
^Payable
..
;
9-
$1
Corp—
9-15
4 9-15
25c
Youngstown Sheet & Tube Co..
common-'..--—-.—
$2 i
preferred (accum.)._:—.
,
9-10
1
25c
;;l$12'Ac
(quar.)—.:
1
10-
Extra
10-15
>9-1
5-31
10-
56 Vic
(quar.)
11- 1
•"
$1.06(4
8-16
25C
t75c
25c
(increased)
Common
8-16
9-10
—:-rf:: 433Ac * ' 9-15
j—
V
8-31
$1.20
(quar.)
9-1
10-1
(quar.)
,
8-16
20c
12-20
$2
—-
;h-
3
10-15
90c
(s-a)
$1.50
(quar.)
*
9-1
;
'
<
*
15c
-
10- 1
t.9-13
*
•'*-
8-16
'
9-24
■
I
9-
35C
25C
$1.50
62 VAC
;
—*
;
8-16 4
0-10
;
70c
;
(quar.)—
1
9-1
$1.06'A
Worthington Pump & Machinery Corp., com
4VA%
prior preferred (quar.)
9-15
;;
$1.25
preferred
8%
8-24
10c
(quar.)
;
8-24
10-15
20c
(quar.)
pfd.
Lothrop. common
preferred (quar.)
5%
9-15
10- 1,!
$1.50
Inc.—'*
Inc.
Co.,
1
9-22
20c
&
"
:
8-19
9-
1
,
Insurance
preferred
Woodward Governor Co.—
4VA%
class A pfd.
Co.
ZZ
10- 1
>
convertible
9- 1
—......
(quar.)..:
44
8-13
8-23
:4
$1
Newspaper Machinery-—
5%
convertible
preferred
(quar.)
Woodall
Industries, Inc., common (quar.).
50c
Ltd.——-—
Corp.,
9-15
9-10
75c
(quar.)
$1
common
preferred
Corp., 6%
10-
$1";
••
1
-
Wisconsin Power & Light, 4'A%
4.8%
preferred
(quar.)
Iron
common
Co.,
non-cum.
United
9-
75c
-
(quar1.)..'
A (quar.)
preferred (quar.)
Taggart
4
Tobacco
United
$lfAc-
Class
5%
8-27
40c
Ltd—
Bridge Co.,
8-27
9-15
37'Ac
(quar.)
Mines.
9-15
4
9-10
Wood
10-
v
"
9-10
8-31
9-
50c
(quar.)
National
Woodward
(quar.).———————
Corp.,
8-10
9-15
fl5c
8-16
10-10
"
8-10'
1
quar.)
A
9-15
Wisconsin
8-18
common
preferred
Steel
::
10-1
$1
40c
9-
'
10c
2nd pfd. .(quar.)*
10-1
10-
(s-a)
10-
'
$3.50
$1
$1.75
—
-
9-17
9-15
Extra
com.-(irreg.)
1st:preferred..*...
4(4%
U.
rt\
.
2" IZyZ
9-1
(quar.)..
(increased
8-16
1
:
25C
__
50c
Inc., 7% pfd. (quar.)
Power, common
(quar.)
preferred
8-18
(quar.).
W
1
1
25c
—
(initial)
-ZZ
9-15
U. S. Spring & Bumper Co. '/
1
9-
9-30
$1
:.v
U. S. Rubber Co.,
1
9-30
!i
12'AC
v
8-25
8-30
15c
Printing & Lithograph,
preferred
(quar.)
1
'■
9-
50c
Pipe & Foundry Co.
i
2-
.
50c
10-
3.60 %
Corp.—
S.
10-
35c
8-16
$1.75
S.
6%
$1.25
9-20
25c
28'Ac
.
—
(quar.;.—
U.
8-16
9-30
26 AC
B (quar.)——1
Mining Co. (quar.)...
Super Electric Products Corp. (initial)
Sutherland
.
(quar.)
Sunshine
U.
8-16
1
25c
—
4Yt%
;
50c
,
8-16
1
9-
9- X
60c
Electric
Securities, com. (initial).
Sunbeam
Corp.
(quar.)
Sun Oil Co. (quar.)—
Sunray Oil Corp., common (increased quar.)
9-
$20c
.4'
Participating
Suburban
11-.
11-
.
11-15
(quar.). $$1.12VA
pfd.
Corp.
9-
9- 1
9-1
7
-
8-25'
.
Electric
preferred
10- 1
;4
11-15
95c
common
-
Class
•
Inc., common——
preferred
(quar.)
10-
75c
.
1
75c 2-15-49
$1.25
Co.,
$4.25
'
9-
^75o
(■-
.
—
(J.
$2
$2
—
9-J5
75c
......
$1,41%
*
9-15444:
1
9-15
425c
preferred
C.), Ltd.
Products, Inc
Wilson
9
Winter
—
:
10-
87'Ac
convertible
9
9-
7-31
$1.06(4
50c
(quar.)
1—
62'Ac
—'—22 (Ac
(quar.)— .*«— .
50c
preferred (s-a)
Playing Card Co,:
Extra
$4.50
9-
>
(quar.)
;
10- I
common
...
Z 9-10
(quar.)
—
$4 non-cum. class A——
Vi %
S.
8-24
9-10
*
5
Willys-Overland Motors, Inc.—
10-15
>
(quar.)_—
Leather Co.,
8-24
8-20
?
■4:8-30^:;.'
■:
Special
10-15
i
50c
50c
$2.50
(quar.)
,
common
(quar.)
Machinery
Hoffman
S.
7-31
8-13
9-10
58V3C
58V3C
53c
53c
—
preferred
4(4%
9-21
9-
$1.25 4
U.
8-31
9-
40c
(quar.)
7%
9-10
8-31
!'
V^';
9-13
—
...
9-10
9-
yp:
8-13
9-20
—....ii,, J
Whiting Corp. .u—
:
v
Wilkes-Barre Lace Mfg. (quar.)
9-22
1
8-20
9-10
*
Mfg.
Works
Machine
Extra
1
$50c
Co
preferred
non-cam.
Whitin
;
6%
(s-a)——;
Guarantee,
£ 9- i
—
Co.
V
Extra
9-17
10-
$1
(quar.)__
-
4: 9-10
25C
$5
■
& Canal
Finishing Co., $4 pfd.
preferred
(quar.)
S.
7%
8-31
9-15
9-
4
350
(quar.).
Instrument
Cement
9-
—
U. S. Gypsum Co.
V^'
(Del.)
(monthly)
(monthly)
RR.
Coal
Paper, new
10-
Co.
-
preferred
8-26
9-10
8-13
68%c
Whitehall
$1
55c
4Vt%. preferred? (initial)——
United States Envelope Co., common (s-a).
7%
9-10
1
9- 1
?
■
—
Extra
Whitaker
$-17
v
9-15
9-
4:8*
Chemical
8-17
1
9- 1
9-
9-30
25c
(quar.).
B
(quar.)
Wheeling & Lake Erie Ry.,
1
0-15
v
9-15
Sty
-
Corp.
Weyerhauser Timber Co
8-27
0-
Wilson
A—
New
Extra
preferred
$75c
United Piece Dye Works—
.
3.80%
,:v
preferred
Railways Co.
New Jersey
-
U 0-ib
$1
Ltd.—
9-1
0-1
50c
prior preferred (monthly)
prior preferred (monthly)
preferred (monthly)
prior preferred (monthly)
United
5
9-10
A
Westvaco
(quar.)
1
V
?
1
10c
$1.25 2-15-49
8-10
(quar.).
B
10-
10-
17'Ac
(George)^^ Ltd., 4'A%
10-
8-17 4
(s-a)
J
Electric
-
1
Co.
Weston
£
7-31
9-
20c
:
Weston
?
8-30
(quar.)
(quar.)
9-10
50c
50c
40c
75c
$25c
75c
25c
10-15
22'Ac
(s-a)
Stationery Corp.—
preferred
'
25c
9-10
prior
6%
8-31
f
.
1
3
35c
preferred (quar.)_.
Westinghouse Air Brake (quar.)
Westinghouse Electric Corp., common
Westmoreland, Inc.
9-
8-16*
(extra)
9-20
6.36%
9-10
Acid
._—
Western Tablet &
Westmoreland
25c
8-16
9-
9-14
$1.25
•9-20
6.36%
9-1
25C
A
9-10
$1.25
25c
class
5%
Growers,
prior preferred
prior preferred
preferred
9-10
(quar.)..——
9-
RR
preferred
21c
pfd.' (quar.)
Cos.
pfd.
11c
$1.25
$1.12'A
(qHar.)..
Inc.—
75C
—
yi
9-20
>
8-14"
>
9-20
^
0-
5%
9-20
18c
8-14
1
15c
(quar.)
(quar.)
32c
5 '
—i.
(quar.);
Illuminating
25c
——
9-
9-
T
A
3'A %
—
Investments,
United Light &
8-4
35c
■
9-10
—A;
—-
United
(quar.)
$2
25c
8-26
(quar.).—
Grain
9-10
.——*—
8-16
9-14-4
9-
20c
(quar.)
(quar.)
preferred
8-20
35c
(quar.)
Common
9-15
25c
RR.
Common
7
8-16
£ 8-16
10-
—
Supply
7
0-11
9-15
25c
common
Ltd.
9-
9-1
(s-a)—J.
...
United
each
/
Auto
Pacific
-
4
8-16*
10-
(quar.)..
(quar.)
iti
Products,
9-
y'J:
(quar.)
Coal
Co.
•
8-10
1C-
(quar.):
Gas
Western
5%
9
3*
25c
'
Chemical, 6%
Special
:
9-11
$37'Ac
(extra)
Co.,
9-14
9- i
9-10
(initial)
com.
1
65c
'J
Ltd.—-
Virginia Coal & Coke Co
Virginia Pulp & Paper Co.—
9-10
2
9-
Inc.
Disinfecting
4'
9-1910-
9-20
$1.12
new
West
8-20
Fund
Ltd.,
Fund,
Common
9-20
10-20
40c
4
8-13
25c
Co
4'A%
preferred
Westeel
:
*
„
$1.37 (A
West
1*
9-
1
rv
(increased quar.)
Northern
&
Co.
16c
America
Corp.
Falls
Motor
9-14
25c
Fruit
Extra
6%
50c
10-
30c
Worts,
3
9-
9-15
1-14
9-15
9-
•V-
,
$1
&
9-
9-ib
—
Circuit,
$3
Cedar
West End
9-18
10-1
7-15
(quar.).:
common
Ohio
933Ac
_
Extra
f
"4
9-15
4-15
8-1-49
75c
9-
f
2-1-49
5-2-49
50c
9- 3
9-25
" 9-25
i
25c
-
(quar.)
(quar.)
(Del.),
Electric
United
vi'
8-31
$5
10-15
37'Ac
(quar.)..
Wesson Oil & Snowdrift, $4
pfd. (quar.)
11-10
8-18
9-10
1:
$40c
Company,
Western
Inc
Corporation,
United
Standard
for
Co.
Elastic
United
9-10
i
9-24
8-20.
37'Ac
Engineering
Wellington
11-
20c
Corp., $3 pfd.
Corp. (quar.)
Waukesha
9-15
9-24
35o
Wells Fargo & Co.,
Wells-Gardner & Co..
5
9-10
62'Ac
(quar.)
Wellman
8-20
11-18
1
(quar.)
West
Fastener
Corp.
9- 1
.
v
8-30;
10-, I
1
9-
37'Ac
preferred
Waterloo,
8-14
8-31
25c
50c
—
(quar.)
Chemicals,
(S. D.)
$4.50
8-20
10-
1
9-
'
::
1
1
10-
$i
X,
common
(Northam)
8
$1.50
$31V4c
—
Petroleum
9-
-
preferred
(quar.)
Bros.
Pictures.
Warren
9-
..
1
8-16
t
25c
Warren
10-15
.
8
9-
(quar.)
(quar.)
(H.)-Gooderham
7
31 'Ac
1 25c
$150
8
9-
preferred
8-16
9-10
9-
Ltd
Company,
Quarterly
Baking Co.,
.
pfd. (quar.)
Inc., 4'A% pfd.
of
Mines,
9-
50c
Fund
Theatre
Carbon
20c
common
Co.
9-
8-1
';'
1
9-15
i.;:V
1
,25c
12'Ac
i
10-
(quar.)
Corp.
9-
■
Extra
United
25C
Stock
United Biscuit Co.
400
preferred
Strawbridge & Clothier,
9-13
-***—
$10c
(quar.).
(quar.)
Corp., (quar.)
Co.
(quar.).
(quar.)
Stonega Coke &. Coal Co
4
37'Ac
$1.12'A
62'Ac
$1
5%
preferred
5%
8-16
9-
$1.25
Inc.,
8-
25c
30c
—
—
Stock
Lines,
8-16
Fuller
Camp,
8
■
10-
■Year-End
«
9-
9-
,
Co.—
C
Textiles—
preferred
Baer
Walgreen
1
,v
60c
i
..
Amulet
Warner
B——
Fund
1
Inc.
Stewart-Warner
Waite
.8-12
—-,
Fund
United
-
(quar.)
Stern
9-20
5%
A
Bond
Bond
9-
(increased)
Ltd.,
Engineering
(quar.)
Fund
Union
Union
94c
—
Steel
Bond
Union
8-26
10-15
9-15
—
preferred
1
10-
Common
1
1
,
(quar.)—
...—
(quar.)
7%
preferred
Wagner Electric
_;
Storage
10-15
9-15
Phosphate
&
(quar.)
State Fuel Supply Co.
(irreg.)
Stecher-Traung Lithograph," common
5% preferred
(quar.)
Inc.
Ceid
1
40c
Wholesale
Works,
9-
9- 1
tl5c
t394Ac
*
4
(quar.)
Co.
(quar.)—
1
—.if;:
Stoker
Standard
9-15
9-15
9-
(quar.)
11-
500
Railway & Equipment Mfg.
Steel Spring Co. (quar.)
Standard
Corp.
11-
—
______
-
6-15
5'A %
-
"
40c
—
—;—1
Extra
6-25-49
9-
1
.
...
Co.—
$1
—
(quar.)
3-15
West
.
87'Ac
share.
dividend
Street Corp.
(irreg.)..
participating prior preferred
Sugar Co.
(quar.)
Trusteed Funds, Inc.—
—
80c
9-15
12-15
Union
$$1.25
rate-of
1
8-23
...
A
Car
Union
9-15
10-5
$3C
—-
$4
9- 1;
8-27
preferred
1-49
:
8-13
9-
37'Ac
preferred
(quar.)__
preferred (quar.)
Vlsking Corp.
Vogt Manufacturing Corp.
Vulcan Detlnning Co.
1-49
10-
1
9-15
$2.50
6%
1-
12- 1
9-
$2.50
(quar.)
4-
8-18 »■
9-1
■4 9—-1
.
6%
IV
8-21
—
California—
Co. of
8-16
4 9-15
6%
8-16
9-
8-31
—
Paper
9-10
will
the
Union Oil
8:
,
9-15
1
9-10
30c
(s-a)
preferred
9-1
-
—
-
.
&
Bag
9- 1
20c
J.) if for each
100 shares
be paid for fractional
(N.
2
1
9-1
(Dallas)
Extra
$1.37'A
—
Cash
9-
10-
6%
4%
—
(quar.)...
Rubber
A
$1.37'A
„—
Co.
1
5%
' $1
$1.06 Y«
(irreg.)—
(increased)
8-16
$1.12'A
Co.
Salle
1
-—
(quar.)
of
9-
Walker
Series B
Forging Corp
Co., common
(quar.).
Corp.
<
9-
.
Oil
9-
La
Asbestos
Union
9-15
4 9-15
South
Quarterly
10-13
1
10-
37'Ac
Dredging Corp.
$1.60
preferred
(quar.)—
Standard Forgings Corp. (quar.)
Standard
Milling Co.
(quar.)
Standard Oil Co. of California (Del.)
(quar.)
Standard Oil Co.
(Ind.)
(cash dividend) —
Quarterly
held).
10-15
400
V..
share
9-15
Warren
preferred (quar.)
$4.50 prior preferred (quar.)
8-21
Co.
(One
1
Ltd.—
(quar.)
(quar.)—.
Ltd., com.
9-
8-13
12-10
40c
* I2c.
(s-a)
Ward
convertible
9-
(quar.)—*
dividend
Common
$1.50
4
9-
Standard
Stock
9-
'——
Standard-Coosa-Thatcher
**,
9-1
50C
(Detroit)
pfd.
$1.60
9-15
9-16
Steel
$1
pfd.
$3.50
Seal,
8-28
v
40c
(quar.)
i
8-20
9-10 '
9-10
■X,
$1.25
Ltd
Co.
preferred
50c
Century-Fox Film Corp.—
Underwood
preferred
—
Cap &
preferred
9-15
9-15
j
36'Ac
Standard
5%
Twentieth
208
.■•V
Insurance
9-10
5%
8-20
(quar.)
Truax-Traer Coal
8-21
(quar.)—;—
(quar.) —
E.)
Common
1
1
8-21
Co.
Mtg. Co., common, (quar.)
preferred (quar.)
$3.75
99-
8-21
preferred
Quarterly'—
Standard Brands,
8-13;
9-15
9-
\
Standard
8-18
(quar.)
Viking Pump Co. (irreg.)
Virginia-Carolina Chemical Corp.—
1
;
6%
participating preferred (acum.)
Virginia Coal & Iron
Virginia Dare, Ltd., 5% preferred (quar.).
Virginian Railway, common (quar.)
4
—*—
Corp.. '.common
9-15
25c
Kellogg & Sons (quar.)
Spiegel, Inc., $4.50 conv. pfd. (quar.)
Sprague Electric Co._*
4-'?—
Spring Sturgeon Gold Mines, Ltd
Squibb (E. R.) & Sons, common (quar.)
$4 preferred series A (quar.)
(A.
8-1$
3
Common
Angeles)—
Co.,
preferred
(quar.):
Trinity Universal Insurance
Quarterly
'
9-
Spencer
Staley
3
Chemical
9-30
Ltd
preferred
9-
(A. G.)
Stahl-Mever,
$1.25
Tri-Continental
8-13
9-15
4" 10C
(quar.);
Inc., prior
9-
8-25
preferred
Products
Treesweet
8-16
25C
(quar.)
(quar.)
& Bros., Inc. (quar.)
Spear ft Company,J $5.50 1st pfd. (quar.)—.
$5.50 2nd preferred (quar.)—
$4
1
20c
(quar.).
com.
8-11
9-15
Shares,
Williams
&
20c
Investors
Spalding
1
9-
%
$1-25
(quar.)
preferred
fund
sinking
5%
Sovereign
9-
&1.06V4
-
!
preferred
convertible preferred
convertible
Southwestern
Transue
8-16
Trust
4'A%
Trans-Canada
8-16
444: 20c
Investment
Southwestern
Extra
Service
Electric
3
25c
75c
25c
Co
Elevators,
8-5
.•
(quar.)——
4V«% preferred (quar.) ——
5 %
preferred (Initial quar.)
Southwestern
6-26
9-
(quar.)—
(Los
2
-
;
8-20
'
9-30
9-
$1.25
>
(increased)
Co.,
j
50c
common
(quar.)___._
Vicksburg Shreveport & Pacific Ry.—
8-26
9-15
Vick
12'Ac
Trust
&
Edison.
1
8-30*
;
8-10
deposit receipts ordinary (interim)
Shipyards Corp., new com. (initial)—
8-31
9-15
"5C
/«1.25
17'Ac
—
iquar.j
Gas, common
9-15
9- i
—
9-
$1.25
.——
preierred
non-cum.
Southern
♦
40c
$6
■— l
—
(quar.)
Securities
-
9-20
3
(increased quar.)
Oil
& Construction
(St. Louis)..
Brewing
Toronto
.
9-
1
Verney Corp.
Viceroy Mfg.
50c
-
.
Bearing
Realty
Insurance
Toledo
Co.
Railway
Co.
Roller
Insurance
Todd
30 Vic
81'Ac
25c £
$0.265625
(quar.)
preferred
Associated
Increased
/
8-14
50c
$1
$25c
;
Amer.
$1.12VA
8-11
8-25
„
4%
5%
Roofing
10-30
Edison—
California
Southern
$i
Water
$50c
(quar.).
South Bend Lathe Works (quar.)
—Southeastern Greyhound Lines (reduced)—Southern Advance Bag & Paper—
; •
4%%
preferred (quar.)
5%
Tide
(quar.)
preferred
1
50c
Thompson Products, Inc., common—.
4%
preferred (quar.).—
—
Thrift Stores, Ltd.
(quar.).
150C
Co.
Southern California
7-30
5%
9- 8
;■
1
4
12-21
,
1.
9-
20c
„
(quar.)
50c
'
8-20
.
common
Pulp
7-30
2
.'V
31'Ac
25c
$1.75
50c
—
Common
8-10
I
9-
10-
2'Ac
Shovel
9- 2
quar,)————
(quar.)__
$1.25 convertible preferred A (quar.)
Corp.,
(quar.)
Common
Mills, Ltd.—
(increased
Gas
0-*)
9-
9-
50c
Corp.,
9-
30c
7'Ac
(quar.)—
(Del.)
8-28
i
9-
>
75c
>
Inc
Co.,
Heating
preferred
50c
*
—
87V2C
preferred (quar.).
So cony-Vacuum Oil, Inc.
Sonotone
*
\
(quar.)
4%
'
9-10
9-
9- 1
50c
—<
preferred (quar.)
preferred (initial quar.)
Smith-Also? Paint & Varnish—
Common
Southeastern
Co.
Raalte
5%
for
share
Common
4.20%
Smith
Service
Van
8-31
——
7%
406
quar.)
preferred
Public
Thew
9-
8-12
9-
additional
(One
held)
8
1-2-49
$1
de Kamp's Holland Dutch
Baker3, Inc.
Quarterly
8-20
25c
u-—— .....—
--
-
dividend
-
Van
9-22
75c
(quar.)
Inc., $1.25 conv. pfd. (quar.)
Co., common
preferred (quar.)±
—■
Thomaston Cotton Mills, common
8-12
9-14
3%%
7%
Oil
1
9-
$1.37(A
Vanadiaum-Alloys Steel
9-20
8
9-15;
50c
——
10-
10-
62 (Ac
Corp., common
(quar.)..
preferred
8-24
10- 1
>
35c
$1
(quar.)
Iron
&
Holder9
Payable 0} Rec.
62 (Ac
(quar.)
preferred
prior
Vapor
(quar.)
(increased)
(increased)
Co.
&
prior
•
common
8-14
$5c
Textron,
1
9-24
50c
Carpet-
& 80ns
pfd.
Extra
10%
preferred (quar.)
Co. (stock dividend)
Skilsaw, Inc. (increased quar.)
Sloss-Sheffield Steel & Iron Co
3.90%
(Alex.)
Texas
8-12
Skeily Oil
Coal
each share
Texas
City Gas & Electric—
(increased quar.)
Sulphur
Extra
Stock
8-13
8-25
Common
Smith
9-10
9-15
9-14
$1.50
t
,
9-24
$1.50
$$1.I2VA
4'A%
Mills,
Co.,
preferred
Valley Mould
.
35c
30c
$1.75
$1.12'A
75c
Co.
1
10-
50c
Gulf
Pacific
prior
When
Share
Light
9-10
9-
4v 3
25c
25c
Extra
Texas
8-18
10c
.
9-15
<
(interim)—
Company (quar.)
Gulf Producing Co.
Texas
2
$$1.26
Simplicity Pattern Co. (quar.).
Simpsons, Ltd., 4 VA % preferred (quar.)
(quar.)——
Singer Manufacturing Co
Sioux
Texas
•
*
&
Knitting
$5.50
——
Ltd.
Mines,
9- 1
of Company
Power
5%
/
9-15
27c
-—-
Flour
7
„
9- 1
.
%
—
Texas
common
(quar.)
Simonds Saw & Steel (irreg.)
Extra
8-27
9-10
—
preferred
5%
Tex-O-Kan
(see Franklin Simon)
(Franklin)
Simon
8-24
50c
6 (fr
(quar.)
preferred
Telephone Bond & Share Co.—
:,;Z£'Z'Z.:.7%
1st preferred (accum.)..
Tennessee
Corp.
Terre Haute Water Works, 7% pfd. (quar.).
8-18
9-
Utica
10- 1
56/ic
common—
Teck-Hughcs Gold
1
75c
9-15
8-16
(quar.)
common
-
9-1
62VA6
(quar.)—
Company
Simmons
Simon
i
Inc.,
Common
8-18.
Corp.— ZZ-y-r
Publishing
preferred
convertible
9-
256
(quar.)
Simmons-Boardman
$3
...
,
Technicolor,
1
9-15
Utah
50c
convertible
4.32%
,449-Vlv
9-15
25C
50c
15c
9-15
(quar.)
Fenn Co.—
Taylor &
Per
Name
Payable of Rec.
Inc.
Taylor, Pearson & Carson, Ltd.—
5% convertible preferred (quar.)
1
Holders
When
Per
Monday, August 30, 1948
Share
Inc.,
(James),
preferred
4»A %
Talon,
8-30
50c
50c
Signal Oil & Gas, class A (quar.)„_
Talcott
8-30
9-
9-15
y- $1
<•/•',
,
Name of Company
Payable of Rec.
50c
—
<quar.)
Corp. of America, class A (quar.)——,
Sick's Breweries,
Ltd. (quar.)—
Shoe
Holders
When
Per
Share
of Company
JSame
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(888)
'
resident
9-15
•v;
8"*;1
^ 'xLess
a
Less
tax
In
Canadian
15%:
British
this
less
15%
funds,
tax
resident
Income
for
tax
tax.
7%.
.4
30% Jamaica income tax.
dividend.
4
.
Canadian non-residents' tax.
deductible
at
the
source.
Nan--
Zzz:
>
~
'
''[H
j
i^
l»
I'W
IC! t4i«j.
.
«i J
•
Volume 168
(Continued from
1,
ICC
liability,
on
as
w
Aug.
11
authorized
guarantor,
the
respect
in
road
of
to
not
exceeding
the
reference
$3,440,000
of
procurement
of
the
to
stock
common
distributed"
and
basis
company
seven.
This
Tlie
directors, all residents of Ohio, to the board
on
Aug. 25 by Richard D. Barr,
the total membership of the board up to
directors are as follows: Benamin Feigenbaum, Gen¬
announced
was
brings
new
eral
Manager of
appointed Auditor
the
Cleveland
the
of
plant;
company's
Michael
three
S.
bottling
Kuzmack
plants);
(also
James
A.
amended
plan
of
deliver
stock
against
is
Bales Corp.—V.
168,
550.
p.
of
the
Mission
Eastern
"V.".
"regular
a
Gas
filed
Corp,
will
not
the
contracts made
be
entitled
record
of
to
way"
sale
the
on
to
tne
date
The
Aug.
share
per
30, 3948, payable Sept. 13, 1948.
cents per share each quarter.—V.
paid 37J/a
company
cents
choke,
to
91
Sec.
Inc.—Prepared
in South America—
Customer
demand
'
for
for
Competitive
%
-y
,
trucks
=
Market
Period End.
July 31—
oper.
revenues.
52,865,937
many parts of South America, according to John J.
Holland,
South American
Manager, who reported this condition at the Reo fac¬
tory in Lansing, Mich.
This company is prepared for a
competitive market in South Amerlea, Mr. Holland added.
The company's position in the medium and
heavy-duty truck class remains strong, he said.—V. 167, p. 2793.
Railway
oper.
expenses.
29,493,537
returned
to
prewar
levels in
.
St. Louis-San Francisco
V1?-
-
and
Aug-
liability
in
of
not
company to assume obligation
$5,550,000 equipment trust
exceeding
certificates, series B, to be issued by Chemical Bank &
trustee, and sold at 99.22% of par and accrued dividends
with
the procuremant of
certain
OP
Trust
in
Co.,
ry.
$
i<
44,631,464 333,993,380 299,660,874
32,896,591 258,118,962 223,983,251
13,372,400
rents
(net)
2,316,401
11,734,873
5,424,387
1,985,295
rents
(net)
115,433
102,733
763,302
5,301,849
4,222,458
29,934,628
26,633,860
oper.
5,638,717
75,874,418
75,677,623
33,818,259,
36,726,719
11,358,229
11,553,472
Bal.
avail,
for
$983,838
4,8*76
9,404
$6,686,479
- ■' 51,951
$6,134,627
107,495
fixed
$974,434
$6,634,528
$6,027,132
-Week End. Aug. 14—
Gross
earnings
Hearings
1948,
6,293,026
•
"
,
/
tr,ansf/w of a11 °Perations
ofiice
ai*
in
In»,rern,.at
k
Building,
AirP°rt
by
|
RCA
.
,
and
•
company s
.
1948
technical
personnel from the
Center, New York,
Rockefeller
(Idlewild,
Y.)'
N.
was
will
be
The
promis¬
Proceeds will be used to retire
short-term bank loans and increase
working capital.
CONSOLIDATED INCOME STATEMENT
Total
income
Mig. costs,
incl.
matls.,
salaries,
and
wages
•
inc.
Prov^ for
deprec.
amort.
^ Mos. 1947
?
449,406
329,567
gen.
:
823,780
34,329
Interest exp.__—...—
}.
kion
for
for
provi-
est.
income
on
Prov.
.
SEC—
The
company
SEC
covering
972,105
1,602,725
67,049
91^118
22,949
68^977
$2,254,186
$6,154,731
$7,889,350
083,000
2,377,000
Securities
V. 168, p.
$3,777,731
$4,756,350
$2.95
$2.22
$6.12
$7.70
1948, to holders of record Aug. 12.—V. 167,
p.
covering 1,105,600
writers are Harry
P.
Fudge
The
to pay
stock
will
be
off loans
The
assets
of
shares
will
used
the
and
rate
offered
2%
For
cumulative
Semenza,
30
stock
(50c
director
of
co-partners
cents
for
exploration and
and for other purposes;
,]•
per
other
Under¬
par).
and
company,
of
Pennaluna
share U.
S.
development
funds.
work,
on
the
Aug. 25 announced that it has taken
A.
O.
Smith
the
^
,
Sales
organization has marketed
all
SEC
for
profit,
tories. of
parts
assets
and
include
finished
the
trademarks,
goods,
various
inven¬
patents,
good will.
equipment and
Corp. is also taking over Westlake Products Co., an
Burkay located in Toledo, Ohio.—V. 168, p. 352.
Smith
been
maintained
A,
O,
affiliate of
•
Southern Advance Bag & Paper Co., Inc<—-Stock Of¬
H. Rollins & Sons, Inc., on Aug. 16 offered
2,359 shares of common stock (par $1) at $42 per share.
Proceeds go to selling stockholders.—V. 168, p. 651.
fered—E.
Southern Canada Power Co., Ltd.—Earnings—
Period End. July 31—
Oper.
earnings
and
further
by
dated
1S48—Month—-1947
3948—10 Mos.—1947
!___
$380,547
$373,955
$3,777,362
$3,589,247
maintenance
192,185
151,960
1,825,026
1,341,486
193,573
Taxes
Int., deprtc., and divs..
25,000
at
$4
per
at
share
will
Proceeds
of
July
1,
1948
57,664
76,655
623,714
136,779
132,068
1,361,290
*$6,081
♦Deficit.—V. 168, p. 352.
Dr.
the
*
Pope,
*
Vice-President,
President,
Northwestern
on
technical
Frederick
E.
Terman,
Dean,
University. ' 'VV:
is
Fund
-ik
'
Television
Associates.
,
the
for
and
of
radio
-
recently
the
Co.,
and
firm.
of
individual
stock
investor
to
select
the
2'/2%
The
Feb.
15,
of
i
Television
South
135
theater
La
Fund,
Inc.,
Street,
Salle
executive,
is
is Tele¬
Chicago. '
President
exchange
Vice-President
the
of
firm
and
Investment
the
of
Shearson,
director
of
Company
Hammill
national
sales
de¬
&
of
Co./Tele¬
1
*' < • "v
(Del.)—Subsidiary Receives Bank Loan—
notes
'/A1'-
payable
are
half-yearly,
inclusive.—V. 168,
1958,
;.
Texas Public Service
Operating
Oper.
Aug.
./
-
to
::-.n-
15,
1949,
',\
•
■'
;,*•••-'•/'
Co.—Earnings—
1948—Month—1947
••
I-*'-*';'
V
:
1948—12 Mos.—1947
.
revenues.....
$195,336
$178,649
$3,648,738
deducts.;.
188,382
164,111
2,568,015
surtax..
5,100
1,854
16,900
Cr2,362
575,123
17,927
35,591
;, 310,956
219,924
$19,781
$33,228
$886,080
108,904
$759,887
£ 187,070
$777,175
V $572,817
revenue
normal
&
Operating income
Other
beginning
52.
p.
;-t/
Period End. June 30—
months,
of
-
.,
manager
:■>>
Fed.
com¬
prosper."
shares
Management
Just,
rapidly
average
survive
trends
are
more
important in
industry," Mr. Tripp explained,
in many directions and it is
growth
expanding
'*■
income
$3,182,11m
2,241,548
400,600
539,963
505,600
w
economies
exceeded.
income
______
deductions
Income
$3,-
11,377
8,577
3,404
$24,671
Net income
>-V. 168, p. 552.
Unsubscribed
$3.75.
by
be
Kaye,
used
for
shares
will
The
stock,
be
Real & Co., New York, as
general corporate purposes.
company
for
SEC
h.
1,298,023
$13,272
*$32,668
$156,165
■'
-i'
>•?•••'
directors
payable
was
.
Dec.
An
This
Oil
SEC
in
$730,860),
banks and
$8,934,519;
and prepaid
of
paid
Feb.
on
last
5,
year.—V.
168,,
1,739,862
Co.
1,366,872
$1.05
k
Tidelands-Superiorv
Gulf
of
about;
Mexico,
v
Peninsula, Matagorda County, Texas,
The well, which was spudded in on
Aug.
11,/',
hand, $10,478,222; receivables (less
inventories, $12,632,969; U. S. Govt,
on
payable and accrued liabilities, $8,917,396;
Federal and other income taxes and for adjustment of
(net), $6,418,514; reserves for contingencies, $3,180,996;
reserve
for
product guarantee, $1,000,000;
capital stock
($5
par),
$6,502,910;
capital surplus, $6,439,722;
earned surplus,
$11,196,672;
treasury
stock
(5.962
shares
at
$5
per
share),
Dr$29,810;
total,
into
•-
statement (No. 7604)'filed with the SEC July 21
and covering 500,000 shares of common stock (par $1) was withdrawn
Aug. 18.—V. 168, p. 489.
\
/'
'
* ~r
19
used
filed
registration
a
first
mortgage
be
determined
will
for
with
statement
the
bonds, due 1978.
The names ^
through competitive bidding.
,
construction.—V.
167,
p.
890.
Leahy
Federal
of
District
Court
in
Wilmington,
Del.,
Transcontinental
stock
at
$10
a
share./
officials
said this will permit conversion of the loan to be
already approved by stockholders, other than those repre¬
senting the Hughes Tool Co. at a meeting on Aug. 10.
A
temporary restraining order obtained in the court on
Aug. 4
expired Aug. 23 at midnight.
In annoncing his decision, Judge Leahy said,
"As long as equity Ffinancing (for TWA) .'s said to be possible and probable, the choice of
means belongs to the directors and not to the courts on a motion for a
as
been overwhelming
'
the proposed con¬
version
issue. TWA board chairman Warren Lee Pierson said that
removal of the loan by permitting it to be converted into
comm.jti
stock would clear the way
to additional equity financing for TWA.
preliminary
injunction,
especially
stockholder approval."
In
•
Stockholders
.
'
where
there has
.
,
calling the meeting of stockholders to vote
voted
16
to
l
for
on
conversion.-
Roundtrip Ticket Fare Cut—
A
5%
reduction
in
domestic
the
system, subject
was announced on
Board,
price
of
a
roundtrip
■
.
airline ticket
on
Its-
to the approval of the Civil Aeronautics
Aug. 23 by Trans World Airline.
Chairman of the Board, said the company
the reduced roundtrip fare effective between aDy
by the airline on its United States routes coincident
with the application of the new domestic rate structure, Sept. 1.
, J
The corporation also has on file a proposal for a special excursion
rate for overseas travel between Oct. 1 and April 1. The overseas rate
planned
Ltd., Toronto—Registration State¬
be
Paul
Warren
$43,626,400.—V. 168, p. 651.
Aug.
on
$5,000,000
,
:
.
for
1
the
the
which
underwriters
effected
contracts
registration
In
are
company
TWA
1,372,001
LIABILITIES—Accounts
ment Withdrawn—
43
has denied the application of a minority stockholder for a preliminary
injunction against the conversion of a $10,000,000 loan by Hughes Tool
etc., $784,635; plant and equipment (less
for depreciation and amort'zation), $6,971,937;
Sudore Gold Mines,
that
announced
Tract
Transcontinental & Western Air, Inc.—Inj unction Der
nied—Way Clear for TWA Note Conversion—
patents, licenses and goodwill, ?$1; total, $43,626,400.
provision
18
State
on
1,200 feet.
in
Proceeds will
expenses,
$10,491,385
Aug.
on
located
covering
the
of
securities, at cost, $3,186,207; deferred receivables, etc. (incl. officers'
and
employees' stock purchase accounts of $250,516), $637,910; sup¬
reserves
also
was
Toledo Edison Co.—Registers With SEC—
The
CONSOLIDATED BALANCE SHEET, JUNE 30, 1948
ASSETS—Cash
acres
Judge
1,874,601
■
$1.45
other income taxes..
and
profit carried to surplus....—
share of capital stock_____;.__
of
common,-
The well is on a block of about 9,600
undivided interests of one-half, one-eighth and
respectively owned by Superior Oil Co., Alcoa Mining^'
Co. and Tidelands.
The costs of the well are being borne by Superioir
and Alcoa.—-V. 168, p. 389.
-
aside for Federal
well
three-eighths
T948
1947
Sales
$37,869,485 $40,178,296
Profit from operations and other income..——
3,614,463
2,738,873
reserve
the
on
1948, is known as State 483-1.
Corp.—Earnings—
Stewart-Warner
corporation
Co.
lease
were
6 Months Ended June 30—
Per
cents
three miles south of Matagorda
signed on August 16 covering the sale to this
company's M. T. Stevens Co. Division of North Andover, Mass., of the
real
estate
and
machinery of the Gibson Woolen Mills, Inc., and
Gibson Realty Corp. of Tilton, N. H.
Edward Gibson, President, has
operated the mill since he took it over in 1934 when the mill was in
receiveiship. The mill has 21 sets of cards, 3,180 spindles, 44 automatic
looms, 3 water wheels, steam and electric power and is equipped to
dye and finish. About 250 persons have been employed in the produc¬
tion
of
men's wear
woolens, cloakings and ladies' snow and sport
cloth.
It is understood that, the Stevens organization have no plans
for continuing operations of the mill.
("American Wool and Cotton
Reporter.")—V.
168,
p.
750.
''
Net
dividend
to holders of record Sept. 15.
A similar distribution*
April 5, last, while on March 15, June 16, Sept. 15.;
cash distributions of 20 cents each were made.
10
drilling below
(J. P.) Stevens & Co., Inc.—Acquisition-
Bet
stock
5%
a
1947,
of
extra
t-
Stock Dividend Declared-
declared
Tidelands Oil Corp., Houston, Tex.—New Well—
Underwriter, Greenfield Lax & Co. Inc.
Proceeds will
acquire leasehold interests, for the company's pro-rata
cost of drilling wells, for testing and development and
working capital.
the
papers
on
15,
have
651,
p.
Aug. 16 filed a letter of notification with the
shares of common stock, to be offered at 30 cents
to
of
-
on
975,000
used
war
made
share.
per
.;
Thermoid Co.—5%
of¬
under¬
then
Sterling Oil of Oklahoma, Inc.—Files With, SEC^The
The
Surplus
.
July the Texas' Pipe Line Co., a aubsidiary, took down $2,160,000*.
the sixth borrowing under an agreement, with certain banks
Feb. 10, covering an aggregate amount not exceeding $36,OOO.OOOT
Gross
as
is
Michels,
A.
and
plies
Gross
In
being
Corp.—Earnings and Sales Held—
has
P.
James,
.
on
stockholders
to
writer.
products of Burkay, and is thus acquiring items
closeiy related
domestic automatic water heaters that A. O. Smith
Corp. makes
in its plant at
Kankakee, 111.
Burkay
■
.
Matthias, attorney; and Herbert./
County Coal Co.
The-Irving Trust,/;.
Illinois;
other
any
will
Texas Co.
Aug. 18 filed a letter of notification with the
shares of common stock (par 20c), to be offered
company
to the
The
.
Chicago—
vision Shares Management Co.
f
^
of
underwriter
Executive
is
Stanwood Oil Corp., New York—Files With SEC—
The
the
over
Burkay volume water heater under the trade name "SMITHwayBurkay." The present move means that A. O. Smith Corp. is taking,
over
D.
partment
the
preferred
par)
Paine,. Webber, Jackson & Curtis; Stone &
Rauscher, Pierce & Co.
Proceeds will be
bank leans used for construction purposes.—
,
D.
to
counsel
in
task
underwriting
,k
burners.
years
(no
and
Shares
Robert
Registers
registration statement with
a
$2.60
operating expenses.
"Our backlog of unfilled orders
100,000."—V. 168, p. 750.
payable Sept. ),
Burkay Co. of Toledo, Ohio, manufacturers of large vol¬
heaters, high efficiency home heating boilers and gas
several
—
the
on
the
water
ume-
Co,
effected in
for
of
registration statement with the
common
at
:
•
H.
of Engineering, Stanford
which
vision
Webster,
of
•
in
William
are;
Russell
University
Principal
stockholders
told
T
Charles
Co.;
television
difficult
panies
of
company's
share
Canada—Registers With
managing
Victor
be
a
of
Pearson,
and
corporation
conversion
a
lease
Court
year, when $113,463 was earned in the quarter after taxes.
"Sales are holding at about the same level as in previous
~
,
filed
of
(A. O.X Smith Coi^,--Acquisition--~
;
the
are:
'
N.
Telephone
Fund
Co.;
consultant
than
"because
.
889.
''
Aswfv6 company bn Aug. 24 filed
SEC
Co.
obligations under
1948, by the Circuit
21,
/"Advice
television
President and Chairman, of the board, on
at the annual meeting that an upturn in
earnings which took place h^,the hisi three months
of its fiscal year ended May 31, ,1948 has continued-into the first
quarter of the present fiscal year.
Mr. Webster said:
a
*'
"June
and
July earnings,
despite the usual two-week
vacation
shutdown
of our Clifford Division
plants, were at a rate equal to
the average monthly
profits in the final quarter of the last fiscal
18
..'•.'•
and a technical consultant," Mr,. Tripp disclosed.
Board includes:
George P. Adair,
consulting radio,
Chief Engineer of the Federal Communications
Dr. William L. Everitt, Head, Department of Electrical.
Corp.;
part,
750.
Reginald
Aug.
Final
Ac
in
shares
Standard-Thomson
3,133,000
$1,371,186
Sherneth Corp.—Interest Payment—
-iT?e doctors have declared an interest payment
JSS n?orlg2,?e 20_year income bonds due Jan. 1, 1956,
Proceeds
Aug. 24
Underwriters
to
•first
"
■,
Silver Ridge Mining Co., Ltd.,
.
95 394
1,120,242
K.
Southern's
and
-
Paul
on
pay,
be
Richard
all
20
Associated
22,000
used
2,036,05J
33.8^9
SEC
Survey.
at the rate
"B"
No.
26.
pump
Inc.,.
engineering and advisory organization, President of whichf
is Keith Kiggins, former Vice-President of American Broadcasting Co.?
•
$1,821,385
Earning^ per^khare....
to
Roberts
Chicago
on
profit
test.
former
Technical
,
Webster
fered
$2,941,626
taxes
income
Net
911,813
taxes
....
est.
52,573,661
679,473
45,788
.
completed
Board
and
of the School
"
-
—
before
42,446,827
and
r-
Profit
/
/
v
18,075,305
Employees' pension exp.
;
1947
$24,819,776' $21,395,281 $51,274,263 $63,635,538
—~
Selling, admin, and
expenses
1948 6 Mo$.
;v
20,519,849
of
Sept.
on
Southwestern
the
$24,665,796 $21,237,503 $51,017,046
$63,300,774
153,982
157,878
257,218
334!764
prop.^ taxes, etc., exn.
through
W&NW
Advisory
Commission;
Engineering,
County sitting at Portsmouth, Va.—V. 168, p. 749.
With
sory note due in 1968.
counts, etc
day
per
137
' \
"
'
s.
to
keep
fully
posted
and
Informed
of
developments
fast-moving television field, the Fund has retained both ^
the
engineer
approve
settlement
held
Norfolk
stock.
Dividends, int., etc.,
bbls.
Sec.
order
Advisory
an
5,557,730 198,736,594 178,943,944
the withdrawal of The. Southern Ry. from its
lease of The Atlantic & Danville Ry. Co.'s line and the
compromise
settlement of litigation involving the lease, were announced
by the
latter road on Aug. 25.
'
1
"
The public hearing before the Interstate Commerce Commission
to: permit the Southern Ry. to abandon operation will be held in
Norfolk, Va., on Oct. 18, 1948.
The Court hearing to approve the
announced
of operations.
Sharon Steel Corp.—Note Placed
Privately—The com¬
pany, it was announced Aug. 16 has
placed privately
through The First Boston-Corp. $6,000,000 3%%
■
been
potential
Taylor,
within
1947
on
Hearings to
the
of
Hosiery
Insurance
.
Maidel, Vice-President in charge
GroX'°?al"Mr It
37,
Fund, Inc.—Formed
directors
"In
—Jan. 1 to Aug. 14—-
1947
Abandonment of Operation of Atlantic
& Danville Ry.—
compromise
Scandinavian Airlines System,
Inc^-Transfer of Oper¬
ations Effected—.
No.
President, Franklin
Co., New York City, is custodian of the Fund.
Southern Ry.—Estimated Gross Earnings—
SYSTEM
$1,329,917
also
on
'■•'
National
H.
Period—
$1,334,794
charges
168, p. 651.
V.
105
•'
"E"
.
Neumode
.....
'
Sec.
bbls.
W&NW Survey, Howard County, drilled to total depth oV,
feet, has been completed at rate of 36 bbls. per day.—V. 168.
Other
•Before provision for interest charges on outstanding
debt, or other
income items.—V. 1C8, p, 651.
non-operating
connection
1948—Month—3947
1948—7 Mos.—1947
$10,224,755
$9,244,022 $67,998,331 $61,352 624
expenses.....
7,841,271
7,222,164
55,481,806
49,005,306
Net ry. oper. income..
1,277,050
942,996
6,310,966
5,841 749
Other income
57,733
40,842
375,513
292,878
i
in
150
of
with the SEC and shares will be available for
public offering
through investment dealers shortly.
Television Fund,
Inc., was conceived as a "logical medium for
participation
in
the
future
of
the
television
industry,
which
we
regard as the most dynamic growth potential available to the Amercian investor," according to Mr. Tripp, who is President of the Fund.
763,572
income
tax
Equipments
Joint facil.
•Net
i;
revenues—...
income—______
Deductions from income
also
Organization of Television Fund, Inc., the first open-end investment
company specializing in securities in the field of television, electronics
and radio, has been announced from Chicago
by a group of business
and financial men headed by Chester D. Tripp.
The Fund is regis¬
as
Period End. July 31—
Total
3,
rate
tered
from ry. oper.
accruals
rev.
Railway
equipment.
EARNINGS
Operating
Operating
Net
Ry.—Equipment Trust Ctfs.—
authorized the
respect
hours
24
of
potential
a
Roberts
Texas, has
in
Television
1948—7 Mos.—1947
\V-'< ,■«.*■.' $
$
;
Railway
has
System—Earnings—
3 948—Month—1947
normal
new
-
Sunray'ss
..
Southern Pacific Transportation
Motors,
makes
area
is
3
137,
750..
p.
17,
v/v'-'-'
,
County,
bbls,
1,376
749.
Zone
choke.
corporation's
Howard
of
in
and
aVinch
Previously,
p.
No.
y
County,
The
168,
the
in
Romine
net
"
Reo
structures
and
Hewitt
"D"
lease, Haldeman subdivision, Jim
Texas, has given the company another dual-producer
production allowable of 114 bbls. of oil per day.
*' '
' '■(
Hewitt "D" No. 5, completed to total depth of
4,577 feet, shows a>
potential in Zone 16 of 250 bbls. of oil In 24 hours through y4-incht
delivery
declared
•
•
geological
'
•
corporation's
Wells
>
50
Complex
•
3, Sec. 19-1N-2W.
Ifcf
1,705 feet, was perforated^
corporation has also
completed
Moss No.
in Garvin County, as a producer at the
oil in 24 hours.
This well is 1,809 feet deep.
with
that upon settlement of "when
Exchange in such stock purchasers
of
feet.
•
-
No.
The
fact
the
on
dividend
of
19-1N-2W,
of
pursuant
.
directed
is
distributed"
the
representative
&
-
holders
mid-Western
Water
1639-64
at
Public
due.
Attention
ett
Jr.,
the
Aug. 18 that a Garvin County, Okla., strike:,
Southwest Eola pool was'completed by this 640 bbls. of crude oil in 10 hours throughu
the
rate
every well drilled a potential wildcat
best well in the pool to date.1;
1948,
to
Utility Holding Company Act of 1935/:
approved by Order of the Court dated Aug. 19, 1948, must be made
on a
"when distributed" basis, unless the seller Is in a position to
of
on
of
three-quarters-inch choke.
The new well is Sunray's Romine "B"
been completed
to a total depth of
to dealings
Stock Exchange
York
New
26,
Federal
11(e)
Mayhew, General Manager of the Warien bottling plant; and G. Ever¬
Parks,
the
on
Aug.
on
sands
has
admission
proposed
announced
was
shallow
corporation at the
.
the
Red Rock Bottling Co. of Cleveland—New Directors—
this
in
749.,
168,' p.
of the com¬
on a "when
members of the Exchange were
advised that sellers of stock "regular way" must be in a position to
deliver stock on the third full business day after "the date of the
contract, in accordance with the Rules,
<
11
The Exchange directs that eny sale of Southern Natural common
stock in anticipation of receipt as a distribution in accordance with
pany's
obligation
Election of four new
President.
kwh.
5£
Sunray Oil Corp.—Completes New Wells—
It
1948,
for
the
21,
Aug.
increase of 24.9%.'—V.
an
(889)
Output—
the week ended
compared
with 2,518,000
for
company
kwh.,
as
week last year,
Section
of
CHRONICLE
Southern Natural Gas Co.—Larger Dividend—
assume
.with
of this
3,145,000
With
equipment trust certificates, series P, to be issued by the Pennsylvania
Company for Banking & Trusts, as trustee, and sold at 99.42% of
par and accrued dividends in connection
certain equipment.—V. 168, p. 550.
output
") corresponding
Reading Co.—Equipment Trust Certificates—
The
Electric
totaled
14)
page
FINANCIAL
&
Southern Colorado Power Co.—Weekly
Corporation
kk Investment News
h
i-
COMMERCIAL
THE
General
lit-
t
Number 4729
two
for
a
Lee
to
Pierson,
make
cities served
a
roundtrip ticket would be equal to one and a
third the cost of
regular two-way fare, Mr. Pierson said.—V. 168, p. 788.
,
•
cals
statement with the
EEC covering
175,000
convertible class B
preference stock <$2 par).
Underwriter, Carr & Co., Detroit.
The
shares will be offered at $2.25 per share and the proceeds used to
fcuild and equip a plant and replace working captal.—V. 167, p. 293.
c v.
23 filed a registration
shares of 6% cumulative
abandoned
A
lirm.—V.
163.
Oct,
• .••••-
;
;'-.V
,
-
•
Jn June, 1948.
Substantial gains
»"
March
Between
The
:
v.
the
of
a
Tne
168,
SEC
V.
(par
to selling stock¬
Proceeds go
per
for
2,400
and
issues
tional
•
•• v.
.
600
five
*
gold bonds,
offered
be
at
and
par
tne
pxoceeas
Federal
Trust
Co.
as
useu
thei1$3
dividend
A
series
of $2.75
terles
preferred- stock
preferred stock.
$44.78
per
share
auui-
taxes..
has
the
$4
per
extent
In
order
payments
its
y.57,764yy i 693,168
the
authorized
—V.
holders under the
' 3,804,994
and
such payments or
$8,339,638
3.068
7,535
$8,593,014
150,835.
$723,159
*88^266,238
216,682
176,565
2,287;400
;v ;
,
for
73,400
.
$8,442,179
2,072,999
$5,978,837
1,447,355
Holders
of
The
of
trust certificates
Immediately to Provident Trust
and
Chestnut
Streets,
should
Corp.
of
Philadelphia,
their
in order to
$1.54
,
$1.67
/
i
Fed.
Net
common
stock.
certificates
rather than class A
now-exchangeable
common
for
4
'>■?/<.'- % v. -V •"
i
•'/
stock.
1948—Month-^1947
$1,270,665
The. corporation has won
its interest
in Citizens
approval
well
is. Electric
Heat,
from
Light
Co.
the
-
natural gas- companies
and
one
.V
,1948—T2 Mos.—1947
120,510
2,022,665
1,632,705
84,168
84,168
1,010,000
1,010,000
$213,254
$432,245
$3,873,062
$3,820,908
(net)
57,071
5,784
68,368
$270,325
$438,029
$3,941,430
deductions
74,015
96,507
967,532
y
$196,310
652.
p.
has
in
stock
$2,973,898
$341,522
the
for
period
>
210,000
299,379
7
389,
: ;
resulted
the
$2,427,635
volume
and
by the conservation of available
follow.—V.
current operating
y,"y
.
.
U. S. Industrial Chemicals, Inc.—Plan to Create New
Preferred Issue Dropped—
y,y*:':y:-
Power
of
an
issue
of
preferred
successful
167,
p.
operations and
1736.
of
the
company.
This
Oil & Gas
resulted
:
-Total
.
the
action
of
Stanolind
Co., a subsidiary of Standard Oil Co. of Indiana, in aban¬
doning its plans to construct a hydrocarbon synthesis plant and chem?
'
.
1
profit
to
company's
share '*■
I
cents;
75
■
1943—12 IAos.—1947-
$967,397
:
ip,8Q3
$3,868,058
,.,-72^3(1^
$980,881
-
i
$3,797,291
13,484
44^64
,
$3,870,271
$3,913,022
287,674
271,676
1,125,835
1,042,520
$709,205
$2,744,406
$2,870,502
102,529
493,115
$596,676
$2,246,291
153,950
202,269
450,128
$2,420,374
.
733.863
$394,408
$1,507,423
the construction of
enable
840,970
,
$1,579,465
;
*
accessory
that
the
the
installation
of
the
•.
and
re-erecting
the
mill
:
mill
will cost $8,909,000
$7,700,000 for reconS-
$1,200,000 purchase price and
the
at
company's
plant
'
will
the
to
consist
of
outstanding
the
$6,300,000 new issue of first mort¬
cumulative preferred stock (par $100),
(par $10).
.'
stock
common
is engaged
offering, company's
proposed
bonds, 70,363 shares of 5%
483,662 shares of
primarily
steel products,
the manufacture
v
.
in
various
)
,.
company
to
increase substantially
its
products and to reduce its conversion costs
sheets.
■ v " " v'
_ .
;■
sieel
giving effect
steel,
30-inch
a
equipment.-
the
the
manufacture
chiefly
and
^
and
semi-iinished
sale
of
sale
of
before
industrial
comparative income account
.
pig
final
coke* and
Net
sales
'-.r*-
v
and
TotaF
v
/
-
1947
*
$10,323,297 $21,695,251 $17,896,850
21,049
' "37,791- " 50,897
revenue...
Interest, .rentals & other income.,
Costs
.
1943
1948
..
operating
,
—2nd Quar.—6 Mos. End. June 30—
-
Period—
V
—a—$19,344,346;t$2t^34^2f^l7,94^,747
-
'
—
Materials
and
services purchased— 5
-Depreciation «nd klepletion^«^_.i_C
.Taxes, other than, social security &
"
.
Sv':;'
5,200j084 '^4,747,442'
2.589,801C;
6,317,324
13,493,650
287,965 i
'
taxes
78.010
income, < tax
-Pennsylvania income tax,.
'
' 485,054
v
146,558
431,000
—
10,850,579
620,394
;
916,000.
38,000
..
X
83,009
128,647
J; 682,000
',
60,000
Net
income
1—___
$3,001,819
paid—>.
On old
cum.
On new ,5%
v
7%
cum.
w——:
—
common
addition
468,557
surplus of
lands
-Vv'
—
$7,878,734
487,205
^
$7,533,262
share— '
to
the
$1,152,048
during-the
■
above,
from
period
$7,391,529
V,;
$8.35
there
sale
pfd. stock....—
'•
pieferred stock. .X:4
'Earned per share:new-$I0
stk. after 5%
$1,274,356
$994,025;;
r-v.
/'251,384
.
87,953^'; ••il77;176'-.
^
par.|comyJ;;*
pfd. divd. require.:
:
168, p. 652.
r'
.
•'
$1.06
>
82.27
V-
*
.'=v;
$8,359,729
405,353
v
,
Worthington Pamp & IMachinery Corp^Earnings^,
$3,695,219
,
491^88
*
,
6
of
ended
was
a
tNet
■
timber
31,
from
1948.—V.
-v
net
the
167
.
(Including domestic.subsidiaries)
June 30—
profit
shs,
outstanding.
^Earnings per com. sh._
15After
961,350,
$3.55
non-operating
mature
July
$3,203,631
$8.19
End.
Mos.
taxes.
per
$602,246
Dividends declared:,
.
.
—
for period
dividends
NOTE—In
2367.
2,
Steel Co.—Registers With SEC—
shipping
income
income
Balance
p.
Jan.
on
finished
includes
Com.
credit
loUows:'
148,531
(Alan)
and
chemicals.
'
for
Preferred
on
^3*059,019;
$922,441
intangibles
coal
resumption of dvidends
$15,827,179 $15,794,879
$8,765,082
deprec. & depletion
2,965,360
2,641,145 f- 2,269^63
Federal income taxes
——4,860,000
5,275,000 • 2,800,000
Net
as
-
the
In each7
$3-16,089
Company
,;
Paper Co. (& Subs.)—Earnings:
1948
V
194.7
v
1946
—
change in the capital require¬
from
■
y<-*
West Virginia Pulp
Prov.
share
Aug.
9 Months Ended July 31—
•
cents per
Conshohocken.
and
taui,
;y
Profit from opers. before prov; for
; •
deprec., depl. &- Fed., inc. 0^ exc; :T' '
profits taxes
$15,688,082 $1$,632,963
Other income (net)—*
139,097161,916
Earnings
stock.
a
of
fabrication,
*na
.
^-v',
.
9(6
$648,570
light plates and
gage
:
-
75
output
ended
to
than "
$4,026,416.!$17,769,797 $15,802,544
13,972.503
11,934,486;
3,530,974
;
capitalization
of the electric properties- of this company for the
.21, 1948 totaled 106,600,000 kwh., an increase of
8.06% over the output of 98,649,000 kwb. for the corresponding week
of 1947.—V. 168, p. 789. '
corporation on Aug, 26 announced that it will not hold the
special meeting of stockholders scheduled to be held Sept. l for the
company's decision is due. to
'
resources.
The
creation
losses,
;West Penn Electric Co.—Weekly Output—
week
and
less
168, >p.
$500,039
of
After
He added that the company-s
leautaamp in the gasoline pump field
and. its successful operating and dividend record for many years gives
every assurance that
when
the gasoline; -pump
market develops a
satisfactory demand
of
1948—3 Mos.—1947.
$4,483,415
deductions
mill- will
which
the
of
1*48,
for
8.—V,
the
in reduced
opinion
1947 ; were
dividends
ditioning,
omit
dividend
$936,244
company
The
on
President,
to
15.
Sept.
expected
167, p. 2795.
output
$2,727,014
,
•
Atr the company's request, the Commission will seek
approval by the
Court
in
Wilmington
of these
additional
steps
in
UPU's
p.
Geyer,
decided
$1,600,000, aqu!p>
bid
No
treasury funds, to complete the purchase and installation of
board, under these circumstances in the light
of
the
company's cash position and working capital
requirements,
the best interests of the comDahv and <ts stockholders will be served
■
its
District
168,
F.
r*
,
C<d^EjOTihg8^s|;<<v^
hot-rolled strip mill and
on
Aug. 26 announced that the directors
quartely dividend usually-payable on Oct. 1.
Regular quarterly cash distributions of 50 cents per share had been
paid up to and including July 1, 1948.
Mr. Geyer
explained that a slump in the gasoline pump market
all
■subsidiary, Indiana & Michigan Electric Co.
liquidation.—V.
,
Stock
shares.
additional
Aug. 25 iiled a registration statement with the
SEC covering $6,300,000 first mortgage
sinking fund bonas, due 1963i
Underwriter,
Drexel &
Co.
Proceeds
will
be
used,
together
with
Wayne Pump Co.—Omits Quarterly Dividend—
should
^
with
>•
,
^
York
New
insUlments.'
are
a
(net)—
income
The
1,142,092
$2,763,898
168,
have
(
Heat
->
•
July: l- ino Uct 'l,, 5Q: cents-veach.—^168^;
income
Wood
$3,869,106
preferred
;
income.^...
stock
-V.
48,198
a
to
declared
Balance
1,957,294
1,337,874
income
semi-annual
be
Amortiz.
158,885
revenue
equal
other
&
iron,
v
:
Citizens
the New York S-ock Exchange "
cn
-he
>
Federal
company
which
Exchange on i
When thi$
an
application with the SEC to ^
Securities Exchange Ar
of 1934.
A
the
Balance
in
SEC
gas
price
Lake Erie Ry.—Equipment Issue—
20
oper.
Pfd.
'
Wamsutta Mills, New Bedford, Mass.—2% Stock Div.
The directors
on
Aug.
19
declared a 2%
stock dividend on the
no
par
value capital stock, payable Sept. 15 to holders of record
Aug. 25, in lieu of the cash dividend ordinarily payable about this
time.
Previously, the company paid 50 cents regujar, plus $1 extra,
each .quarter.—V. 166, p. 995. ,7 -
Power
manufacturing
-operating in the east-central pr-rt of Indiana.
American Gas
plans to eventually merge
ments
'*■<
V
146,320
applic.
—V.
for its plan to
Co. to American
Aw.;.-"-: ...... ;y.:~
is
under
Works
The total purchase
of Sl3.ll a shared
July.
a
1CL, p. 7«.i.
It is estimated
The corporation will make an additional
liquidating distribution of $4
per share on its 370,300 shares of common stock from the
$1,500,000
cash proceeds it receives from sale of its interest in Citizens
Heat.
After the sale, corporation's remaining subsidiaries will consist of
The
•
$1,191,233 $16,442,603 $13,385,895
395,425
5,259,819
7,904,171
652,190
Balance
£
Liquidation Plan Wins Approval of; SEC—
shares
income
Net
Power Co.—Earnings—
income
Divs.
stock,
common
by
Locomotive
in
cn
^
174,733
other
&
Net
*
are
based
stock;, payable Oct. 1 to holders of record Sept. 3.
preceding, quarters distributions of 50 cents per
Gross
'
Accordingly
two
Net
taxes
other
oper.
Gross
Inc.
On July
1, 1945, the collateral trust bonds were retired, and, in
accordance with the previsions of the certificate of
incorporation upon
the happening of that event, all distinction between the class A com¬
mon
and
class
B
common
stocks
terminated, and said classes of
stock now constitute
a
single class of common stock.
trusjt
is
action
made, i Payments Un
Other
retirement re¬
appropriation-
&
Other income
31, 1939, the voting trust for class A common stock ex¬
its terms and voting trust certificates became exchangeable
Gas
'• ."■i'.'-'i.Vf
expenses
& other taxes
inc.
serve
Dec.
voting
I
Water
revenues
Operating
such
A
be
Period End. June 30—
Plywood & Lumber Co. above.—V. 167, p. 477..
Period End. June 30-~
:
any
for class
will
Operating revenues
Oper. expenses Jt taxe3.
to
pired by
Baldv/in
the latter late
This
■"'i
5Va%
Washington
exchange/
Oa
of
^IViscdjasiii
■;.
Washington Veneer Co.—Proposed Merger—
10
certificates
effect
1
April vl, ;257««nts; ^nd
Int.
Philadelphia, transfer agent,
Pa.,
as
Corp.-~To Settle Purchase, oi
three
the
company
its
B.
forward
been appointed
Vice-Prei.dent.
Advertising Manager for the past
charge of advertising and publicity for
168, p. 789.
closing price
July 28.
.
and
directors have
were
,
$4,921,825
stock—^
common
.
See Georgia-Pacific
~
.
voting
Advertising Mgr.
has
y^he^lingr - Steel - Corp.-4-Declares Larger Dividend—
i:
Redemption—-j ■ v ■
has called for redemption on Oct 4, next; $200,000
25-year debentures (subordinated), due Oct. 1, 1S70 at
103V2 and interest. Payment will be made at the Guaranty Trust Co.
of New York, trustee, 140 Broadway, New York, N. Y.—V. 167, p. 1853.
which
>
of
its
the
ohares
$6,369,180
1,447,355
-$4,531,482
stock...
common
share
per
; $546,594
$411,162
requirements
167, p. 2795.
The
may eventuate for common stock¬
plan, holders of voting trust certificates for class A
said certificates for common stock.
No
distributions will be made to holders of voting trust
certificates.
J
Utah:
2073.
p.
3,444,164
$730,694
2,880,364 V 3,065,793
.
stock must exchange
common
J7th
dividend,
to
considered. 5Bids
194, 590, 652.
- '
•
.Yfsad Baking Co.—Partial
of
-
liquidating
In
99% ' will
693,168;
.
to
distributions
Assistant
Wheeling:
207,457
•'
common
receive
to
and
J.,
The J company; Las asked ICC authority to 'issue
trust certificate, series Q,
to be dated Sept.
244,888
amortiz...
dividend
Earnings
,
recently contracted
to
sell its holdings in
Power Co, to American Gas & Electric Co.,
necessary
on
N.
ment
$627,845
loss
income
Balance
.
pay
a
further liquidating dividend of
stock, and (2) that the remaining assets
<or the proceeds of sale thereof) shall be distributed to the holders
of common stock, whereupon the corporation will be dissolved.
share
River.
average
1
registration.—V.
$630,913
_
and
Preferred
Citizens Heat, Light &
subject to approval by regulatory bodies; and it has filed for approval
of the Securities and Exchange Commission a plan proposing il) that
the proceeds of such sale, when and if consummated, shall be used
to
by
against
167,
1948—12 Mos.—1947
195,162
^evenues^,
income—net
Net
dividend of $5
per
share will become payable on
Sept. 25, 1948, to the holders of common stock of record Sept. 9, 1948.
corporation
Saddle
common
step
the
register
common
liquidating
The
hetd
Colorado
1949.—V.
30,
company's application to list
approval is given, Baldwin wiil
file
...
and
the
July
first
mature
57,764
Balance
Philadelphia, paying agent, 17th and Chestnut Streets,
Philadelphia, Pa., upon presentation of preferred stock certificates,
the following payments in complete cancellation of all the outstanding
preferred stocks of the corporation: $45.76 per share to the holders
of
of
the
acquis.
income
operi;
Other
of.
the holders
500,000
was
The
335,940
'Net
9, 1948, as amended, effective Sept. 10,
will become payable* at The Providence
Jan.
thero
the
which
$3,687,557 $47,313,148 $41,982,938
2,211,553 -1,864,335 24,772,751
20,030,204
348,499
232,818
3,613,145
3,159,622
275,314
259,600 Y? 3,209,088 f. 2,996,971
Other
Property
Property
dated
also
$2,500,000,
Western
.
.
holdings to 110,000
Colorado has out-
waiting period of 30 Jav.s is provided in this Act unless the applicant %
acceleration.
Settlement would follow effectiveness of the
1948—Month—1947
I
Depreciation
Amort, of plant
adjustments
related
date
for
Union Telegraph Co.—New
previously was in
Telegraph Co.—V.
years,
.between
'
$4,055,745
revenues
Operating
matters,
which
note
price is. abjut $7,555,000.
*
Pursuant to an order of the U. S. District Court for the District
of Delaware, entered Aug. 20; 1948, the directors have declared Part II
of Plan 2
of the
corporation's plan for divestment of assets and
on
4%
be
charged
by
surplus as of June
It agieed to purchase from
\
-
—Deposits Funds for Retirement of Preferred Stocks—
To Pay Liquidating Dividend to Common stockholders—
1948,
Western
Westinghouse Electric
-
of
letter
a
capital.
Maintenance
which
Public Utilities Corp.—Plan Effective Aug.
;
Utah's
wnicn
;T'.ib corporation ;win mkkb settlement jircbsbly'some time next mont^i
Y.—Files With
-v-
Period End. June 30—
.
United
Light
increase
wcuid
Garabedian
Postal
for
notification with the
shares of. 6%
cumulative first preferred stock
(par
shares of 5%
cumulative preferred stock (par $100).
filed
19
Aug.
Operation
United New Jersey Railroad & Canal Co.—Bonds—
4%
Exchange Commisshares of its $20
Co., owner of all
10,000
&
would
Baldwin Shares—
Virginia Electric & Power Co.—Earnings—
The ICC on Aug. 18 authorized the company to issue not exceeding
$841,000 of general mortgage 3% bonds, to be delivered to the Penn¬
sylvania RR. to reimburse it for moneys expended in payment of
principal amount of general mortgage
Will mature Sept. 1, 1S48:—V. 137, p. 436.
15-year
a
Garabedian,
..
like
Power
SEC—
'
a
is
H.
Mr.
">.^.y;;:y.y;y
on
will
working
Operating
A>C\f.'
-
and
div.dend
requests
in
of
corporation has notified the Civil Aeronautics Board of its in¬
a 5%
discount in round trip passenger fares over
the company's coast-to-coast and Pacfic Coast system, effective Sept.
1. This will be in conjunction with a 10% increase in basic domestic
fares, also to become effective Sept. 1, for which the company filed
Jast month.—V, 168, p. 788.
*
^
Securities
c
Utah
Advertising Manager, according to T. B. Gittings,
/
,
589.
company
$100)
The
_
the
as
to
secur.ty
other
of earned
Western
Offered—Hamlin & Lunt, Buffalo,
on
Aug. 20 filed a registration statement with the
100,000 shares ($2.50 par)
common stock,
owned by
282,
pp.
Both
tention to establish
.•••■
payment
only
payment
$493,749
j.
A: ;•••"
The
stand.ng
J
-/
div.dend
shares.
stock
common
payable
outstanding common stock.
This
-
stock,
common
its
company
Interest
Trip Fares—
$16.50
covering
The
.
To Reduce Round
par
1,900 shares of common stock
SEC— V"'-o .-:r
scheduled ir.ps
Scheduled time, according to J. A. Herlihy, Vice-President—operations.
This gain was made in
spite of the fact that United operated 25
more planes and 37 more scheduled trips dally in July than in March, v
;
The figures show that,
in July, United operated almost 98% of
scheduled trips from point of origin; that almost 94% departed within
15 minues of scheduled time; that over 98%
were operated through "
to their terminal points and that over 72% arrived at terminal points
%Uhln 15 minues of scheduled ti»e. ; ;
i
;4
• ,
'
percentage
the
Victor Chemical Co., Inc., Buffalo, N.
v
'
gain of 28V*CU
within 15 minues
registered
terminating
United
Western Colorado Power Co-—Stock Dividend—
The company has applied to
sioa for permission to dec.are
Verney, company President.
Underwriters are. White, Weld
& Co.; F. S. Moseley & Co., and Paine, Webber, Jackson & Curtis.—
■
July,
were
over
Gilbert
_
'
' :;
made on
1.
each
a
June, 1947, when 196,956 pounds were fiown.
Freight pound miles for tne first s.x months of 1948 were 736,288,237,
70% jump over last year s figure of 432,354,534.—V. 163, p. 589. <
9>
ordinarily
1946.—V. 168. p. 89i V. 167, p, 2795.
17 offered
at
SEC
have been made in the dependability and
schedules were d.sclosed in figures released by
and
increase
the
which
regularity of airline
United Air Lines. •
Oct.
cents
Verney Corp., Boston—Registers With
flew
to
addition
25
share.
holders.—V. 167, p. 1513.
776,140 mail ton
688,532 mail ton miles
registered in July, 1947. A total of 799,120 mail ton miles were flown
freight and express, United
miles in the month, a gain of 13% from the
In
of
16, 1947 and
Aug.
$10)
Freight alone was up
161%, totaling 1,520,830 ton miles in the
compared with 583,721 ten miles in July, 1947 and 1,852,652
ton miles in June. Express totaled 545,120, 9% above the 500,241 ton
miles flown in the same month last year. In June, 1948, United flew
;
record
holders of
to
Upson Co.—Stock
month
615,905 express ton miles.
15
on
■
.
40%
dividend
a
on
tor
Freight Carried—
pounds of air freight during the
51% increase over the first six
1,751,096
year
,
total
^
action
no
tnis
1947, when 1,156,601 pounds were carried, announces Arthur
Cargo-Traffic Manager. •
; ■ '
of 275,277 pounds of air freight was hauled in June for a
Sm.th,
V- A
783.
carried
of
montns
,
United Air Lines, Inc.—New Gains Registered—
corporation registered a 91% gain hi cargo ton miles (freight
express) in July as compared with a year ago, according to M. P.
Bickley, Manager of cargo tales. During the month, he said. United
flew -2,065,950 cargo ton miles compared with 1,083,962 ton miles in
July, 1947 and 2,468,557 ton miles in June. Much of the increase was
due to large shipments of perishables, automotive parts and department
vV'v ■■ v.■
took
24
Aug.
on
corporation
six
months of
C.
than doubled.—V. 168,:p. 652.
treads,
directors
Sept.
on
This
*
30%
Distributions
a
and
merchandise.
first
had
tire tread containing o-dinary rock salt and giving as
better
traction
on
ice-covered slippery
roads than
has been developed by this company, it was
type
as
The
"A
store
it
paia on or about Sept, 15 on the common stock, par $2, but declared
the regular quarterly dividend of 50 cents per share on
the 38,610
shares of 4% cumulative convertible preferred stock, par $50, payable
special dividend from net realized
security profits of 25 cents per sncre on Union Bond Fund C, in
addition
to
the fol.owing
quarterly tividends from net investment
Income: 11 cents per share on Union Common Stock Fund; 21 cenis
per share on
Union Preferred Stock Fund; 18 cents per share on
Union Bond
Fund A; 16 cents per share on Union Bond Fund 3
and seven cents per shai't on uniwn Bjuu Fund C.
All of the above
dividends
are
payab c Sept. 20,
19*0, to stockholders of record
Sept. 10.—V. 167, p. 2366.
declared
have
director
that
United Wallpaper, Inc.—No Action on Common Div.—
Inc.—Special Dividend—
Union Trusteed Funds,
The
previously
plans because the estimated capital invest¬
announced on Aug.: 20.—V, ICfv p.
256.
p.
Lew
conventional
ordered a postpone¬
ment of hearings
in a stockholder's :uic against the corporation.
Judge Sullivan said the hea/ir.gs would be resumed Sept. 13.
*
The suit, filed July 14, charged thai Mr. Preston Tucker, President
of the corporation, and his as-ucjales made misrepresentations in their
financial
dealings.
It aJcuJ that a :ecc.ver be appointed .or the
announced
Co.
Gas
construction
its
,
Philip L. Sullivan at Chicago has
Federal Judge
Western Air Lines, Inc.—More
United States Rubber Co.—New Product—
much
1
&
the project had more
ment In
Corp.—Stockholders' Suit Against Corporation
Tucker
Postponed—
Oil
Stanolind
The
*
-Monday, August 30, 1948
This
products obtained from 3tan01ind's separation plant.
Aug.
on
company
CHRONICLE
separation plant at Garden City, Kansas. U. S. Industrial Chemi¬
abandoned its plans to construct facilities to handle and process
leal
Co.—Registers With SEC—
Trenton Chemical
The
FINANCIAL
&
COMMERCIAL
THE
(890)
54
$2,618,731
*}■? 924.002
$2.49
-r
*
,
/'-;1-
$3,177,554
$256,680
308.080
280,032
$928
Nil
'r
s
■-:
*•'
^
1945^
1945
$1,466,995
.
.
280,082
$4.10
requirements.
iAfter charges and Federal!
for Federal income taxes amounted to $1_-
preferred dividend
In
1947,
provision
and in 1948 to $1,743,186.
NOTE—.The
Attention
is
common
one
stock
was
.
riVw';*
;
split
three-for-one
in
March, 1948.
to the fact that operations
during the second
adversely affected by a strike of six wee^s,dura¬
of the principal works cf the corporation.—V.
167, p. 2301.
also
quarter of 1948
tion in
1947
1948
called
were
Volume
Number 4729
168
THE
COMMERCIAL .&
FINANCIAL
CHRONICLE
(891)
STATE ANIX CITY DEPARTMENT
55
I
BOND PROPOSALS AND NEGOTIATIONS
*
ALABAMA
«'MiV
*
'
J.Vv».
Calhoun
11
vf"W'
;
^
County
Tfcson, Ariz.
.
;,V.' .<
s
O.
(P.
VM' Y
\
Bond
100
,
Anniston),Ala.
,/.-V
F. G. Nunnel-
ing the validity of said bonds will
Sale—The issue of $850,-
highway bonds offered
Aug.
23—v.
168, p. 491—was awarded
Stranahan, Harris & Co., Inc.,
ley, Chairman of the Board ; of of Toledo, and Henry Dahlberg &
County Commissioners, will re¬ Co., of Tucson, jointly, as 2s, at a
ceive sealed bids until noon (CST)
price of 100.01. Dated July I, 1948
on
Sept. 23 for the purchase of and due on July 1, from 1950 to
$700,000 school tax anticipation 1952 inclusive.
\
<
;
bonds, divided as follows:
>
Bond Ottering;
—
to
,
'ARKANSAS
$200,000 District No. 1 bonds. Due
annually
March 1
1950 to 1977 inclusive.1
V
from
on
'
annually
;
*
March
on
from
1
1950 to 1977 inclusive.
ad
valorem tax of
will receive sealed bid? until Aug;
31 for the purchase of $175,000
water revenue"bonds.
The issues will be.payable re¬
spectively^ solely, out of
Conway, Ark.
City Clerk
Bond Offering—The
1
500,000 District No. 2 bonds. Due
Walnut
special
a
lk of .1%
No.
fyvr
,
:
Ridge Special SchiDist.
19
au¬
'••{
(P. O.
Walnut Ridge),
be
furnished
der
at
the
successful
to
levied
be
in
the
re¬
period of
a
Lawrence
Bond
Sale
Bond
Sale
The
—
$1,190,000
bonds offered at auction
on
Aug.
2fry, 158,
p>* 590-^-were awarded
syndicate composed of Blyth
& Co. and B. J. Van Ingen & Co.,
to
a
both of New
York; First National
Bank of Birmingham; Thornton,
!V(ohr & Co. of Montgomery; Hendrix & Mayes and Stubbs, Smith
Si
IiOmbardo, both of Birming¬
ham,
a
3y4s, at
price of 100.05,
.basis of about 3.24%. Sale con¬
as
a
sisted of: '
'
>*
$660,000 general high school buildting bonds.
Due on Aug. I
'from 1951 to 1978 inclusive.
440j)Q0 Prichard High School
f bonds.- Due oh -Aug. 1 from
,
1951 to 1978 inclusive,
90,000 hospital bonds.
Due on
#xAug. 1 from 1951 to 1978 irit
•'
*"
elusive.
cipal
due
amount
of
the
bonds
bid
for, payable to the City.
All of the bonds
are
dated
Aug.
*
Montgomery, Ala.
and
Sale—The
$450,000 street
improvement bonds of¬
Aug. 24—v. 168, p. 691—
sewer
fered
were
awarded
to
a
group
com¬
posed of the Trust Company of
Georgia, and Robinson-Humphrey
&
Co.,
both
Dain &
Co.
of
of
Atlanta;
J.
Minneapolis, and
George M. Wood & Co. of Mont¬
gomery, as 3s, at a price of 100.663,
a
basis of about 2.87%.
Dated
Sept. 1,
1948 and due on Sept. 1
from. 1949 .to 1958 inclusive. Sec¬
ond
high
bid
of
100-579
for
3s
was made
by a syndicate com¬
posed of the First National Bank
of Montgomery, Thornton, Mohr
&
Co.,
Sterne,
?
Agee
&
Leach,
ciation
Trust
&
of; San
awarded to a syndicate com¬
posed of Blyth & Co., R. H. Moul-
Savings Asso¬
Francisco.
Dated
1,; 1948.
Due serially on
Aug. 1, from 1949 to 1958 inclu¬
Additional Sale
i
bonds
sive.
Approved
at
i
•
196,000
County
trict No. 17
Dist., Orange County,
*
7, by B, J. Smith,, Clerk of the
Board of
chase
Supervisors, for the
$85,000 coupon school
Interest rate is not to ex¬
Due on Sept. 1, as fol¬
lows: $4,000 in 1949 to 1963, and
$5,000 in 1964 to 1968, all inclu¬
sive.
Principal and interest pay¬
able
at
office.
the County Treasurer's
The successful bidder will
be furnished with
the approving
opinion of O'Melveny & Myers of
Los Angeles, free of charge.
A
certified check for 3% of the par
value of the bonds bid for, pay¬
the
to
order
of
the
County
3.05%.
■>*#'1977
fered
Aug. 24—-v. 168, p. 591—
were awarded to Heller, Bruce &
Co., of San Francisco. Dated Aug.
1, 1948 and due on Aug.
1949 fo 1969 inclusive.
1
received
until
7
(Calif.
Aug.
on
inclusive.
Principal
and
bid
of
different
to
of
rates
in¬
split rates irrespec¬
the
the
maturities of the
In the event that prior to
delivery of the bonds the in¬
come
received
by private holders
character shall
same
type and
be declared
taxable under any Federal Income
or
by ruling Of a Fed¬
authority or of¬
eral Inlcome Tax
which
interest to total 4% from July 1,
1948 to July 1, 1951.
Bureau
of
is
followed
by
the
Internal
bid shall state that the bidder of¬
at
fers
interest
Only
to
one
his
1952
4,900,000
inclusive;
to
1955
development
municipal
railway
re¬
1947, at a price of 100,013,
net
interest
cost
a
about
of
1.957%, as follows: $492,000
4s, due on Aug. 1 from 1949
to
1952
inclusive;
iy4s, due
to
1955
inclusive;
l%s, due
to 1958
>000
$1,241,000
Aug. 1 from 1956
on
inclusive; and $2,798,-
2s,
1959
$369,000
Aug. 1 from 1953
on
due
Aug. 1
to 1963 inclusive.
from
on
of
remaining $2,450,000 bonds
were
awarded
to
a
syndicate
headed by the Bank of America
National
Trust
&
Savings Asso¬
ciation, of San Francisco,
as
County (P» Q,
City), Calif.
Note
Sale—The issue
of
$1,500,000 tax anticipation notes of¬
fered Aug. 24 was awarded to the
American Trust Co., of San Fran¬
cisco, at 0.85% interest. The Bank
San
Mateo
Redwood
of America National Trust & Sav¬
ings Association of San Francisco,
second high bidder, named a rate
of 0.93%.
The notes are dated
1948
24,
1948..
bonds,
price
Hetchy
Hetch
series
of
water
1947,
at
a
of
100.323, a basis of
1.345%,
as
follows:
$550,000 iy4s, due on Aug. 1
from 1949 to
1951 inclusive,
and
$800,000
iy2s, due on
Aug. 1 in 1952 and 1953.
1,100,000 juvenile home and court
about
house
bonds, series of 1944,
as
and
due
Dec.
27,
/s
San Miguel
San
Dist.,
Union Elementary Sch.
Luis Obispo County
(P. O. San Luis Obispo), Calif.
Bond Sale—The $40,000 school
bonds offered
$1,350,000
Feb. 25, 1949.
on
(These are the notes offered for
on Aug. 17, for which all bids
were rejected—v.
168 p, 790).
/>
fol¬
lows:
Authority'
development
sale
Aug.
The
the
Due
thereof.
1
in
asist
to
Aug. 1
habilitation bonds, series B of
p.
on
Aug. 16—v. 168,
purchased
'491—were
by
the
William R. Staats Co. of Los An¬
price of 100.055, a net
3.368%, as follows:
$28,000 as 3y2s, maturing on July
2, from 1949 to 1962 and $12,000
as
3y4s, maturing from 1963 to
1968, all inclusive.
Dated July 2,
geles, at
a
interest cost of
The
1948.
was
next
bidder
National
highest
Security-First
the
'
Ty4s, at
of the bonds by the City, be re¬
lieved of his obligation under the
and accrued
the* date of delivery.
par
1951
to
inclusive;
to be
Tax Laws, either by the terms of
ficial
1949
from
istered sewage of 1948 bonds. In¬
terest rate is not to exceed 5%
to
a.m.
make loans to the Local
on
terest and
the
in
incurred
1958 inclusive.
on
Sept. 7, by Edward H.
Mooney, City Clerk, for the pur¬
chase of $150,000 coupon or reg¬
ted
11
housing projects or to refund, re¬
new or extend
outstanding notes
issued
in connection therewith,
and for which the Public Housing
Administration
has
agreed
to
Riverbank, Calif.
DST),
until
recreation,
series
A
bonds of 1947, at a price of
100.042, a net interest cost of
about
1.604%,
as
follows:
$397,000 IY4S, due on Aug. 1
$837,000 l%s, due on Aug.
1 from 1956 to 1958 inclusive.
der
interest payable at the City Treas¬
of about
and
bonds.
p.m.
cost
$1,116,000 IV2S, due
from
Bond Offering—Sealed bids will
be received until 11 a.m. (Calif.
tive
Calif.
interest
received
be
-
from
Sale—The $99,000 recrea¬
civic center bonds of¬
and
payable J-D. Denomination $1,000.
Dated June 15, 1948. Due $5,000
La Canada Elementary School Dis- from June 15, 1949 to 1978. Prin¬
cipal and interest payable at the
| trict, Los Angeles County (P. O.
City Treasurer's office.
Rate of
Los Angeles), Calif.
! Bonds Voted—At a special elec¬ interest to be in multiples of %
Bidders will be permit¬
tion held on on July 23 the voters of 1%.
\La Verne,
net
'"1 from 1956 to
_
sive.
all of the bonds will bear
(Calif. DST), on Aug. 31, by Sec¬
retary J. W. Beard, for the pur¬
,
on
less than par and accrued interest
coupons,
Will
a
1.604%, as follows: $308,000 chase of the following temporary
IV4S, due on Aug. 1 from 1949 loan notes aggregating $3,' 94,000:
to
1951
Forty-fourth
Series,
inclusive; $216,000 $1,194,000
DAs, due on Aug. 1, 1951; and $2,000,000 Forty-fifth Series
$866,000 IV2S, due on Aug. 1 notes.: Dated Sept. 13, 1948.-The
from 1952 to 1955 inclusive, proceeds of said notes will be used
and $651,000 l%s, due on Aug
to pay expenses incurred or to be
Menlo Park, Calif.
Bond
Authority
price of 100.04.
1948, at
2,350,000
tion
Housing
(City and County), Calif.
Offering — Sealed bids
Note
;
bonds, series A
a
i
basis of
a
Francisco
San
of
Treasurer, is required.
approved the issuance of $187,000
school plant bonds.
' ?
and C. N. White & Co. of Oakland.
tention home
Dated
1955; $10 000 3s, due on July
If in 1956 and 1957; $26,000 3%s,
due on July 1 from 1958 to 1961 in¬
clusive, and S63,000 3y4S, due on
July 1 from 1962 to 1968 inclu¬
above
St. Louis, First California Co. and
Schwabacher & Co., both of San
Dis¬
and
the
Angeles, Heller, Bruce & Co.,
Francisco,
Merrill
Lynch,
Pierce, Fenner & Beane of New
York, Boatmen's National Bank of
San
3V4s, at
Revenue, or
urer'soffice. CBate of interest to by the < decision of any Federal
be in multiples of V\ of 1%.
Each .Court, the successful bidder may,
to
Los
May 1,
May 1 from
't<r 1985 inclusive/
V
1946 and due
pur¬
5%, payable semi-annually.
Denomination $1,000.
Dated Sept.
able
about
of
bonds.
price of; 104.14,
a
Calif.
I Bond Offering—Sealed bids will
be received until 11 a.m. on Sept.
Sanitation
1963,
addition
syndicate composed of Blyth
Co., Inc., San Francisco, Leh¬
man Bros., New
York, Weeden &
Co., San Francisco, Wm. R. Staats
Co., and California Bank, both of
a
Henry Dahlberg &
Co. of Tucson, Peters, Writer &
Christensen, and Bosworth, Sul¬
livan & Co., both of Denver, at a
price of par, a net interest cost
of about 3.38%, as follows: $18,000
2^s, due on July 1 from 1949 to
1951 inclusive; $12,000 2V2s, due
on July 1 in
1952 and 1953; $14,000 23/4s, due on July 1 in 1954
In
follows;
as
A
&
time
same
bonds as
such laws
of
Georgia, of Atlanta, F. S. Smith& Co., Reynolds & Co., both
New York, Kaiser & Co., 0f
San Francisco, Provident Savings
Bank & Trust Co., of Cincinnati, >■
ft. D. White & Co., Donald Mac¬
Kinnon & Co., both of New York,
Ellis & Co., of Cincinnati, Lawson, Levy & Williams, Stone &
Youngberg, both of San Francisco,
H. V. Sattley & .Co., of Detroit,
Jurah & Moody, of St. Paul, Rob-1
ert Winthrop & Co., of New York,
Ginther & Co., of Cleveland, Seasongood & Mayer, of Cincinnati,
Field, Richards & Co., of Cleve¬
land, Weil, Roth & Irving Co., of
Cincinnati, Continental National
Bank & Trust Co., of Salt Lake
City, Magnus & Co., of Cincinnati,
The $496,000
price
of 100.496. Dated July 1, 1948
and due on July 1 from 1949
390—were
composed
on
option, prior to the tender
net
a
price of 100.077,
interest
1.207%.
cost
of
a
about
Due serially on Aug
1951 inclusive.
1 from 1949 to
Los Angeles,
Bank,
for 3y2s,„ at
100.53.
Kern
Southern
County Union Sch.
interest rate may be bid. No bid
for a part of said bond will be
contract
considered.
companying his bid wil be re¬
turned; The legal Opinion of Or¬
America National Trust &
Association in the purchase of the
3%
rick, Dahlquist, Neff & Herrington, of San Francisco, approving
the validity of the bonds will be
above-mentioned $2,450,000 bonds
were the following: Harris Trust
recently by the Bank of America
&
ciation
furnished to the successful bidder
Chase1
sold
for
The
cash
bonds
shall
be
only and not for
to date of
delivery. The bonds are
general obligations of the City is¬
sued
pursuant to the laws and
Constitution of the State and
an
the
act sometimes
un¬
referred to
Municipal Bond Act of
1901.
The opinion of O'Melveny
& Myers of Los Angeles, approv¬
as
and in
to
such
purchase
case
without charge.
be awarded to
the bonds
the deposit ac¬
The bonds will
highest and
best bidder considering the in¬
terest rate or rates specified and
the premium offered, if any.
the
/
ers
The $11,525,000
Aug. 23—v. 168,
—
;
of
$1,825,000 juvenile court and de¬
nation $1,000.
Dated Sept. 1, 1948.
Due $5,00 from Sept. 1, 1949 to
group
Sale
691—were awarded
p.
to 1968 inclusive.
Orrick, Dahlquist, Neff, Brown &
Herrington of San Francisco.
Katella Sch.
,
the
tion District bonds at
Bond Sale—The $143,000 school
bpnds offered Aug. 16—v. 168, p.
a
Bond
bonds offered
$300,000 South Bay Cities Sanita¬
to legality by
as
offered
(P. O. Phoenix), Ariz.
to
Second
awarded
were
from bonds of the
awarded
on
Oct. 15 from 1957 to 1967 inclu¬
sive.
were
30, for the pur¬
chase of
$75,000 water worjes
bonds.
Interest rate, is not to ex¬
ceed 5%, payable M-S.
Denomi¬
'
1956
high bid of 100.52
for 4y2s, was made by William R.
,-";v Calif,
;
Staats Co.
Bond Sale—The $847,000 Coun¬
ty Sanitation District No. 15 bonds San Francisco (City & County of),
offered Aug. 25—v. 168, p. 491—
(■ V
Calif.
Aug.
DST),
Maricopa County Sch. Dist. No. 68
to
National
be
ARIZONA
1949
follows:
Bond Offerings—Sealed bids will
& Co.
from
Francisco, G. C. Haas & Co., New
York, Illinois Co. of
Chicago,
to
the Bank of
Stern Bros. & Co., Kansas City,
America National Trust & Savings and Brush, Slocum & Co. of San
purchased - $9,075,000
Association, and Weeden & Co., Francisco,
both of San Francisco, j ointly, as bonds, as follows:
Stubbs, Smith & Lombardo, Hendrix & Mayes and Watkins, Mor¬
row
1
Elementary School Dis¬
trict, Lassen County (P. O.
/.' Susanville),; Calif,
Bond Sale—An issue of $10,000
4%% school bonds was purchased
recently by the Bank of America
Janesville
1, 1948.
Bond
Oct.
on
inclusive, and $18,000 4%s, due
Los Angeles County Sanitation
Districts (P. O. Los Angeles),
1986 inclusive,
ceed
1, 1948.
*
S
National. Bank, of Seattle, First
Corp., R. H. Moulton &
Boston
100.11, a net interest cost of about
4.429%, as follows: $16,000 4y4s,
,
CALIFORNIA
of
Treasury. ; Enclose a certified or
cashier's check for 3% of the prin¬
The
-fv
Bank
of Los Angeles, both of Los An¬
geles, Philadelphia National Bank,
of ^Philadelphia, Dean Witter &
Co., J. Barth & Co., both of San
Francisco, Fidelity Union Trust
Co., of Newark, Dominick & Dominick, Estabrook & Co., Wm. E.
Pollock & Co., Roosevelt & Cross,
all of New York, Trust Co. of
.
Ala.
to the
Co., Security-First National Bank
.
-
awarded
National Trust & Savings Associa¬
tion of San Francisco, at a price of
construction bonds offered at
Qiobile County (P. O, Mobile),
of Portland, American Trust Co.,
of
San
Francisco,/ Seattle-First
Bond Sale—The issue of $34,000
school bonds offered Aug. 23 was
City
be made in the office of the
ton &
County, Ark.
—
Diego County, Borego Schoo'
Diego), Calif.
District (P. O. San
America
Co., Security-First National
Vt >
$60,000 3% Bank, all of Los Angeles; Harriman Ripley & Co.,
auc¬
Inc., San Fran¬
30 years.
The bonds maturing irt
tion on Aug. 23—v. 168, p. 691— cisco; William R. Staats Co., Los
1957 and thereafter shall be call-,
were
awarded to T. J. Raney & Angeles; Barcus, Kindred & Co.,
able, The County will furnish the
Sons, of Little Rock, at a price of Chicago; Redfield & Co., of Pasa¬
approving opinion of White, Brad¬
dena, and Hannaford & Talbot, of
par. ; Dated July 1, 1948 and due
ley, Arant & All, of Birmingham.
San Francisco, as 3 y4s, at a price;
on July 1 from 1950 to 1974 inclu¬
Enclose a certified or cashier's
sive.
The bonds are subject to of 102.557, a basis of about 3.12%. |
check for 2%.
- *
The bonds are dated May 1, 1947 j
optional redemption.
>'
I
':V;
and mature on May 1 from 1978 to
thorized
spective Districts for
San
bid¬
prior to the date of
delivery of the bonds, at the ex¬
pense of the City.
Payment for
and delivery of said bonds shall
or
Associated
Savings
City
the n Bank
Bank,
National
Bank,
Messrs.
with
of
Bank,
Bankers
BahersReld), Calif.
of
Trust
Co.,
Smith, Barney & Co., all
Sale—An issue of $70,000
Bond
Savings
Chicago,
National
County (P. O.
Dist., Kern
>7
bonds was
school
National
&
Trust
Sayings Asso¬
Francisco.
San
of
purchased
Dated
Due serially on
July 6, from 1949 to 1958 inclu¬
sive.' The bonds are approved as
July
6,
1948. '
of New York, Northern Trust Co.,
legality by Orrick, Dahlquist,
Neff, Brown & Herrington of San
of
Francisco.
Chicago, First National Bank,
to
-
*
•
1
,
;
■
THE
(892)
56
the
Clyde C. Pierce Corp., both
Jacksonville, jointly, as 2.60s,
at a price of 1Q0.15, a basis of
about 2.58%. Dated Oct. 1, 1948
Elementary Sch. Dist.,
County (P. O.
San Luis Obispo), Calif.
; Bond Sale—The $60,000 school
bonds offered on Aug. 16—v. 168,
Templeton
San
of
Luis. Obispo
by
account composed of John
Co., B. J. Van Ingen &
an
Wheeler & Alleman,
Company of Georgia, and
Robinson-Humphrey Co.
interest cost of 3.368%, as follows:
Co., Leedy,
3V2s, maturing on July
2, from 1949 to 1962 and $18,000
as 3V4S, maturing on July 2, from
1963 to 1968, all inclusive.
Dated
Trust
$42,000
as
Pinellas Park, Fla.
Bonds Purchased — In connec¬
:
July 2, 1948. The next highest
bidder was the Bank of America
tion with
Trust
call for tenders on
the
Aug. 24, the town purchased $5,-
Savings/ Asso¬
ciation, San Francisco, for $15,000
as
3 lis, and $45,000 as 3V2s, at
National
&
000
refunding bonds at a price of
1966.
86. Due Nov. 1,
Sarasota County
(P. O. Sarasota),
Florida
Fort
Bonds
Bond Sale—The $120,000 SBA
refunding bonds offered Aug. 24
—v. 168, p. 692—were awarded to
/
Collins, Colo.
Sold—Boettcher
Co.,
&
for
which
all
and
Bank
of
Clyde C. Pierce Corp., both
Jacksonville, jointly, as 2.70s,
at
a
the
bids
Ijonds
were
National
Florida
the
purchased privately, at
par,-the $195,000 2V2% sewer rev¬
of Denver,
enue
rejected at the offering on
price
about
May 27.
100.15, a basis of
Oct. 1, 1948
1967, Only other
of
Dated
2.69%.
due Oct.
and
1,
bid of 100.29 for 3s was made by a
DELAWARE
will
composed
of
John
Nuveen & Co., B. J. Van Ingen &
Co., Leedy, Wheeler & Alleman,
Trust Company of Georgia, and
a.m.
Robinson-Humphrey; Co.
syndicate
Wilmington, Del.
Offering — Alexander
•
;
Bond
Abrahams, City Treasurer,
receive sealed bids until 11
R.
Thorn¬
Offering—Walter
Bond
President of Board of
Trustees, will receive sealed bids
until 8:30 p.m. (CST) on Aug. 31
for the purchase of $400,000 not
to exceed 5% interest school im¬
ton,
1948 bonds. Dated
Sept. 1, 1948. Denom. $1,000. Due
provement of
June 1, as follows: $220,000 in
1952, and $180,000 in 1953. Prin¬
cipal and interest (J-D) payable
on
the
at
office
the
of
of
Board
multiples of 1/10 or Vs of 1%, and
only one rate of interest may be
submitted by each bidder. Said
bonds are to be issued subject to
the favorable opinion of Chapman
&
Cutler, of Chicago, and all bids
must be
conditioned. Such ap¬
so
proving opinion to be furnished
by the School City. The purchaser
shall furnish the printed bonds at
his own expense. A certified check
for not less than 21/2% of the par
value
the
said
of
payable to
of the School City
bonds,
Treasurer
is required#
•
Township, Lake
Bond Offering—J. Edward Fed-
ler, Township Trustee,
Southwest
Georgia Housing
ceive
Regional Authority^ Gair ft
sealed
(CDST)
will
until
bids
8
re¬
p.m.
Aug. 30 for the pur¬
chase of $50,000 not to exceed 3%
interest school bonds. Dated July
15, 1948. Denom. $500. Due $2,500
on July
15, 1949, and $2,500 Jan.
and July 15, from 1950 to Jan. 15,
on
Due $20,000 Oct. 1, 1949 to
Bids may be for all or any
Note
part of the bonds thereof. These
bonds are being issued under au¬
offered
thority of Chapter 115 of Volume
28 of the Laws of Delaware, and
Bessemer
authority of an Ordinance
of the Council passed on July 22,
City, at 1.16%, plus a premium of
1959.
$8.00. Dated Sept. 7, 1948. Due on
multiples of ^4 of 1%, and /must
May 27, 1948.
be the
$1,000.
1972.
porary
168,
under
1948, and approved by the Mayor
July 23, 1948, entitled "An Or¬
dinance to Authorize the Mayor
and
Council
of Wilmington to
Borrow
Four
Hundred
Eighty
Thousand Dollars for Public Work
p.
Sale—The
$461,000
tem¬
loan (Fourth Series) notes
for sale on Aug. 17—v.
696—were awarded to the
Trust
Co., of Jersey
For
of
interest
to
for all of the
same
in
be
bonds.
The
approving opinion of Ross,
McCord, Ice & Miller, of India¬
napolis, will be furnished to the
on
and
Rate
ILLINOIS
Cairo
Bridge Commission, III.
Call—Chairman Ray Wil¬
Bond
liams
Public
Improvement In and
Said City, and to Authorize
that
announces
numbered 2%%
various
toll bridge reve¬
successful
of the
bidder
at
the
expense
School Township. No con¬
bids will be considered.
ditional
A
certified
check
for
refunding
2%
the
of
bonds, aggregating bid,
payable to the above Trustee,
$70,000, dated March 1, 1941, due is
required.' 0;'// *• v K•: :- • ■/. '
Eighty Thousand Dollars of Bonds
April 1, 1956, and callable on any
of the City of Wilmington, Dela¬
interest payment date, have been
Indiana (State of)
<
ware, for the Aforesaid Purposes,
called for redemption on Oct. 1,
Bonus Cost Put at $142,000,000—
and to Make an Appropriation of
1948, at par plus a premium of The State Chamber of Commerce,
the Money Raised by the Issuance
1%%. The bonds, together with on the basis of a survey released
of Said Bonds to the Street and
Sewer Department, the Water De¬ April 1, 1949 and subsequent cou¬ Aug. 12, estimated that the bonus
pons attached, will be redeemed
proposal to be considered by the
partment, the Board of Harbor
at the Chemical Bank & Trust Co., electorate at the November
gen¬
Commissioners, t the
Department
Issuance
the
New York
of Public Safety, and the Public
Building Commission." The suc¬
cessful bidder will be required to
settle
for
the,
n
nue
Hundred
Four
of
Edwardsoille, ill. : /
•
Bond Sold—Barcus; Kindred &
Co. of Chicago, and the Municipal
Bond Corp. of Alton, jointly, pur¬
awarded
bonds
eral
City.
(EST) on Oct. 1,
thereafter as the chased in
May an issue of $625,bonds can be made ready for de¬
000 3V2% and 3%% water revenue
livery, at the City Treasurer's of¬ bonds.
Dated May 1, 1948. Le¬
fice. The genuineness of the sig¬
gality approved by Charles &
natures of the Officials signing
Trauernicht of St. Louis.
them,, at. 11
1948, ©r? as
these
a.m.
soon
bonds
and
the
of
im¬
seal
pressed thereon will be certified
by the Delaware Trust Co.,
Wilmington, and the opinion of
Heed, Hoyt & Washburn, of New
York City, that the bonds are le¬
gal. binding obligations of the
<#ty, will be furnished the suc¬
Enclose
cessful bidder.
a
Bonds
an
election
Aug. 21 have been
purchased by M. B. Vick & Co. of
Chicago.
Kankakee Park
check for 10% of the par value of
the bonds bid for, payable to the
Bond
Sale—The
improvement
Aug. 20 — v.
-
•
purchased
FLORIDA
■-a
Hollywood, Fla.
•
Certificate
Offering — Sealed
bids will be received until 8 p.m.
(EST),
on
Sept,
for the
7
revenue
April 1
000.
1972
bidder
;
/
Authority, Fla.
$188,000
Sept. 1,
1, from
1967 incl. The next highest
was
Aug.
the
on Dec.
Northern
17—v.
■
-■./•
~
..-v'a;
—
\
,
Bond
County (P. O.
Clearwater), Fla.
;
Sale-—The
J,
$120*000 SBA
^funding bonds offered Aug. 24
168, p. 692—were awarded to
the, Florida National Bank, and
-r-v.
168, p. 692—were awarded to the
Indianapolis Bond & Share Corp.,
and associates, as 2M>s, at a price
of 100.18, a basis of about 2.47% :
$40,000
School
Township,
and
$40,000 Civil
Township bonds.
Dated
July
1,
1948.
Due
semi-
they
of
be
ap¬
of
five
methods
of
financing the
The five methods
sales tax,
increased gross income tax rates,
net
income
a
high for In¬
new
represents
an
tax,
are a
noted
fiscal
balance
At the close of 1947-
the
year
was
Details
bonds
Hilliard
—
awarded
Son
&
here—v.
to
City
$225,000
J.
168,
J.
B.
Louisville,
of
as
592—were
p.
fund
or
The
states that the
sold to the said firm at
$10,-
general
$84,699,482,
Sale
now
sewer
101.50,
745,075 more than the balance at
the end of the previous fiscal
year.
The largest single source of in¬
a price of
net interest cost Of about
a
2.21%,
the
on
bonds
divided
as
follows: $123,000 as 2%s, due from
July
1. 1949 to 1960; $62,000 as
2lfcs, due from July 1, 1961 to
1965, and the remaining $40,000
as 2%s, due on July 1 in 1966 to
$65,155,570,
as ft compared I; with
$53,919,009 in the 1946-47 fiscal 1968. Interest payable J-D. Run¬
ner-up in the bidding was Russell,
year.
ftftftft:;Long & Burkholder and Almstedt
Knox County (P. O. Vincennes),
Bros., offering for $171,000 as
Indiana
2^s, and $54,000 as 2y4S.
Bond Sale—The $500,000 hospi¬
continued
come
income
tal of
tax.
to
the
1948 bonds offered
Aug. 23—v.
on
be
gross
Collections
were
for sale
Security Trust Co.
Vincennes, as l%s, at a price
of 100.5054, a basis of about 1.66%.
Dated Aug. 2, 1948. Due from July
1,1949 to Jan.1 1, 1959. Interest
payable J-J. Second best bid was
of
offer of 100.139
an
for
l%s, sub¬
mitted by the Northern Trust Co.,
of Chicago, and Harriman Ripley
&
LOUISIANA
168, p. 692—were
awarded to the
.ft..-.
West
Terre
School
Haute
.
La.
../.-!■/
Bean, City
Clerk, will receive sealed bids un¬
til
10
a.m. (CST) on Sept. 21 for
purchase of $995,000 not to
4%
interest public ' im¬
the
exceed
provement bonds, divided as fol¬
lows:
$555,000 Sewerage District No. 1
bonds.
Town
(P. O. West Terre Haute), Ind.
Bond
Sale—The
$9,000 school
building bonds offered Aug. 23—
168, p. 692—were awarded to
Frank E. Hailstone &
Co., of Cin¬
cinnati, as 2s. Dated April 15,1948
and due semi-annually from July
15, 1949 to Jan. 1958.
.
Series A bonds.
185,000 Series B bonds.
25,000 Series C bonds.
75,000 Series D bonds.
155,000
All of the bonds
v.
are
/
j
dated Oct.
1, 1948.
Denomination $1,000. In¬
terest A-O. Due Oct. 1, 1950 to
1968.
Payable from unlimited ad
taxation.
Separate bids
valorem
must be submitted for each issue.
The Commission Council
IOWA
the
Des Moines
Bogalusa,
Bond Offering—K. I.
Co., Inc., bidding jointly.
right to sell all
reserves
part of
issue of bonds.
The approv¬
ing opinion of B. A. Campbell of
Indep. Sch. Dist.
or any
any
(P. O. Des Moines), Iowa
Sale
The
$3,250,000 New Orleans, the printed bonds
building bonds offered for sale and the transcripts of record as
on Aug. 24—v. 168, p. 591—were passed upon will be furnished the
awarded to a syndicate composed successful bidders without cost to
<
Bond
the
of
—
Harris
&
Trust
Savings
them.
Enclose
Bank, of Chicago, the Mercantile-
bonds to be
certified
a
check
for 2% of the
Commerce
Bank
&
Trust
Co., of
St. Louis, C. F. Childs & Co., Wil¬
liam Blair & Co., both of Chicago,
the City or
principal amount of
purchased, payable to
to Sewerage Dist. No,
1, of the City.
-
the
White-Phillips Co., of Daven¬
port, and the Iowa-Des Moines
Bank
&
Trust
Co.,
Parish
Jefferson
■
National
of
Community
'CenterandPlayground:;:Disf*;?ft'.
ft No. 4 (P. O. Metairie), La. ■ ~/;:
Des Moines, at public auction, as
Bond Offering—W. J. Michon,
2^4s, at a price of 101.11, a basis
Sr., Secretary of the Board of
of about 2.11%.
Dated/ Aug.
1,
1948. Due from Aug. 1, 1949 to Commissioners, will receive sealed
bids until 10 a.m. (CST) on Sept.
1965. Interest payable F-A. Sec¬
27 for the purchase of $500,000 not
ond
best
bid was fan
offer
of
to exceed 4% interest public im¬
101.10 for 2J/4s, submitted by a
provement bonds.
Interest A-O.
group
headed by
the Bankers
Dated Oct. 1, 1948. Denomination
Trust Co., and the National City
$1,000.
Due Oct. 1, 1949 to 1968.
Bank, both of New York.
These bonds
were
authorized at
a
Polk
County (P. O. Des Moines), special election held on Aug. 10,
1948.
The approving opinion of
Bond Not Sold—The" issue .of B. A. Campbell of New Orleans?,
$356,000
county bonds
offered and the transcript of record as
20—v.
sold.
Due
692—was not
passed upon, will be furnished to
Nov. 1 from 1951 to
the successful bidder without ad¬
168, p.
on
1960 inclusive.
ditional
cost
KENTUCKY
period
and
exemption from
income tax payment over a
a
him.
to
check
certified
exemption from
over
Bond
Clerk
$3,469,371
over
the
1946-47
fiscal year figure. The increase is
attributed to improved State tax
48
-
Richmond, Ky.
,,
increase
of
Aug.
payment#
for
Enclose
$10,000,
a
pay¬
able to the District.
years,
gross
■Prestonsburg)^1: Kyi
It would take three years to
pay
a bonus with a 3%
sales tax,
for
the
Chamber
said.
Doubling
present gross income tax rates also
would
the
would
bonus
pay
years, as
with a State
in
three
net income tax
a
rate
of
10%
of
ex¬
isting Federal rates. ■ The latter
estimate is based on 1947 Federal
income tax collections in Indiana.
In the property tax exemption,
increase in all tax rates of $1
$100 would pay the bonus in
three ^ years.
The fifth method,
an
per
,
gross
income
would
require about 10 years.
Although
referendum
tax
the
will
exemptions,
outcome
not
of
the
be
legally
binding on the State Legislature,
the Chamber report points out
the
are
debate
certain to be
on
the bonus
question which
this
was postponed in
by the 1947 session."
Attorney-General Cleon
Bond
Offering
Jarvis Allen.
—
County Court Clerk, will receive
bids until Sepft. 9 for the
purchase of $50,000 3% first mort¬
gage school revenue bonds. Dated
Sept. 10, 1948. Interest M-S. De¬
nomination $1,000.
Due Sept. 10,
1958.
Callable on any interest
paying date by the County, at its
option, or upon the request of the
County Board of Education, but if
less
all
than
outstanding
the
of
bonds
called,
are
then
those
called shall be selected by lot.
Principal and interest payable at
the First National Bank, Prestonsburg. These bonds are issued pur¬
Foust has ruled
that
voters
will
not
invalidate their ballots by
marking them in favor of a bonus,
then failing to indicate their fi¬
nancing preference.
Large Surplus—The State ended
its fiscal year on June 30 last with
unencumbered, unappropriated
surplus of $50,958,496, according
to W. A. Owen, Deputy State Au¬
'
Montgomery County (P. O. '
Rockville), Md.
Bond Sale—The $3,000,000 cou¬
sealed
pon
school of 1948 bonds offered
168, p. 693
awarded to a syndicate
for sale on Aug. 24—v.
—were
composed of Halsey, Stuart & Co.,
Phelps, Fenn & Co., both of New
the
York,
Philadelphia National
Philadelphia, Eastman,
Dillon & Co., First of Michigan
Corp., both of New York, Stranahan, Harris & Co., Inc. of Toledo,
W. H. Morton & Co. of New York,
of
Bank
City National Bank & Trust
Kansas City. Peoples Na¬
the
of
Co.
tional
Charlottesville,
of
Bank,
Field, Richards & Co., of Cleve¬
280
both inclusive, of Kentucky land, G. C. Haas & Co., D. A.
Pincus, both of New York, Thomas
Revised
suant
Section
to
162.150
Statutes, for the
to
162.-
purpose
of
constructing a grade school
building at Betsy Layne, Ky., pur¬
suant to an agreement between
the
of
Board
Education
of
County and the County. The bonds
are payable
solely from the rev¬
enue
derived
building,
shall
have
school
Section
from
and
a
the
first
building
as
the
School
bondholders
lien
on
provided
162.200 of Kentucky
&
Co.,
a
Re¬
divided
due
to
as
bonds
follows: $600,000 as 4s,
$150,000
1952;
Sept. .1, in* 1949
on
$900,000
as
2%s,
due
$150,000 from Sept. 1, 1953 to 1958,
and
$1,500,000 as 3s, due $150,000
from
debtedness of the County, within
the meaning of constitutional pro¬
MS.
visions
offer
limitations.
and,, Paul
price of 100.0155, a net interest
vised Statutes, insofar as the lien
does not make the bonds an in¬
or
Pittsburgh,
cost of about 2.993%, on the.
the
in
of
Frederick & Co. of New York, at
the
manner
State
an
MARYLAND
Floyd County (P. O.
period of years#
used in
INDIANA
p.
Pinellas
whether
that "the results
696—were awarded to the Clay Township School Townships
Bessemer
Trust
Co., of Jersey (P. O. Kokomo, R. R. No. 4), Ind.
Bond
Sale
The
City, at 1.16%, plus a premium of
following
$3.50. Dated Sept. 7, 1948. Due on building bonds totaling $80,000,
offered for sale on Aug. 23—v,
May 6, 1949.
168,
state
or disapprove of the pro¬
posal and to state their preference
Trust
tem¬
■■■
on
on
Dated
serially
(Eighth Series) notes
sale
offered
168, p. 692 — were
by Halsey, Stuart &
Co., Chicago, First of Michigan
Corp., and Arthur E. Inglesh,
jointly, for $370,000 as 2s, and
$280,000 as 2.%s, at 100.513.
Oct. 1 from 1949 to
inclusive.
porary loan
offered for
1949 to
certificates. Dated
Lakeland Housing
Note Sale—The
$650,000 park
bonds
2.2136%.
1948. Due
Denomination $1,-
1948.
Due on
of
cost
pur¬
chase of $200,000 3% subordinate
water
District, III.
Co., Braun, Bosworth & Co., Inc.,
and
Mullaney, Wells & Co., of
Chicago, jointly, as 2 lis, at a
price of 100.397, a net interest
i
v'%
•
on
ul¬
an
prove
of
$25,000
park
improvement bonds authorized at
certified
Mayor and the City Council.
Sold—The
to
real estate taxation
Ivanhoe Park District, III.
to
election will require
timate
outlay by the State
$142,000,000. The voters will
asked
This is
and
.
School
Hanover
GEORGIA
Denomination
Oct. 1, 1948.
City, In J.
Hammond School
ditor.
diana
,:. /: ft %} '-'■ -; V:; t"; H i: ■ftft
■.;-■
Monday, August 30, 1948
collections.
""
'
County (P. O. Cedar Lake), Ind.
(EST) on Sept. 9 for the purchase
of $480,000 2%
general purpose
bonds
of
1948.
Interest
A-O.
Dated
' 4
"
;■% ■; ftft :>ft'v ft: ft k
'■ 0
■
CHRONICLE
Trustees. Rate of interest to be in
100.031.
COLORADO
f
bonds.
1, 1967. Only other
Nuveen &
price of 100.055, a net
a
FINANCIAL
&
annually from July 1, 1949 to Jan.
1, 1962. Interest payable J-J. No
other bid was received for these
bid of 100.308 for 2.90s was made
William R. Staats Co., of Los An¬
geles, at
Oct.
due
and
the
by
purchased
591,—were
p.
COMMERCIAL
S''-5 '^ftft.
Sept.
-
Sept. 1, 1959 to 1968.
1,
1948.
Dated-
Interest payable
The second best bid was an
of
par
for
$750,000
as
4s,
•
Volume
Number 4729
168
$900,000 as 2%s, and $1,350,000
3s, lor a net interest cost of
as
about 3.01%,
dicate
submitted by
headed
a syn¬
by Lehman
of New York.
:' ■>:
Bros.,
ciation, secured by assignment of
the rentals under
setts
the
Sale—An issue of
Note
000
notes
25 to
the
was
awarded
the First Boston
both
of
New
$5,000,on
Aug.
Corp. and
& Trust Co.,
Chemical Bank
jointly,
York,
at
of $87.
Stuart
& Co., of New York, only other
bidder, named a rate of 1.16%,
plus a premium of $120.
1.15%,
Due
plus
Dec.
a
premium
1948. Halsey,
1,
and
a
lease between
Association.
the
Commonwealth
Boston, Mass.
&
FINANCIAL
CHRONICLE
(893)' 57
ing obligations of the University Watling, Lerchen & Co. of Detroit, determined by computing tlie total
of Massachusetts Buildipg Asso¬ according to the Village Clerk. dollar value of all future due cou¬
the Commonwealth of Massachu¬
v,
MASSACHUSETTS
y,
COMMERCIAL
THE
fixed
a
pons
from Jan.
their date to their maturity, and
July 1, 1948.
Due $1,000
1, 1951 to 1968, inclu¬
McDonald, Moore & Co., was
the runner-up in the bidding.
sive.
to pay to
agrees
Association
rental in
The
Dated
annual
Bath, DeWitt, Olive,
Victor and
Townships Rural
Agricultural Fractional Sch.
Dist. No. 1 (P. O. Bath),
Woodhall
amount sufficient to
an
provide for payment of principal
and
interest
of
this
entire
issue.
These payments by the Common¬
wealth of Massachusetts will be
,V''Mich.
deducting
therefrom
pre^
any
mium. Each bidder shall state in
his bid the interest cost to the City
computed in the manner above
specified.
No proposal for the
purchase of less than all of the
bonds of each issue
GG-\ of
Bond Sale—The
the bonds bid for from
on
less
than
100%
or
at
of
price
a
their
par
value wil be considered.
Nos. 176 t.o 200, dated Aug. 1,1940,
and
due
Oct.
1,
1960.
Bonds
should be presented for payment
at the Detroit Trust Co., Detroit.
Ferndale School District, Mich.
Bond Call —- Ervin Kienbaum,
District
Secretary,
announces
that
refunding bonds of 1943, Nos. 251
to 275,, due Oct. 1, 1955, and bonds
Nos. 276 to 300, due Oct. 1,
195©,
are
at
called for payment
par
and
accrued
Oct. 1,
on
interest.
$18,000 general
Dated Sept. 1, 1943. Said bonds
made directly to. the Trustee un¬ obligation bonds offered Aug. 25
Bids shall be conditioned upon
together. with Oct.v 1, 1948, and
der the Trust Indenture for the were awarded to Donovan, Gil¬ the unqualified
opinion of Miller,
subsequent coupons- attached
benefit of the bondholders.
bert & Co., of Lansing.
Dated Canfield, Paddock & Stone, of
should be delivered to the Detroit
Sept. 1, 1948. Denoms. $1,000 and Detroit, which opinion will be
Trust Co., Detroit, for payment on
Worcester, Mass.
$500. Due July 1, as follows: $3,- furnished, without expense, to the
the above date. Interest ceases on
Note Offering—H. J. Tunison,
500 from 1949 to 1952 inclusive, purchaser of the bonds prior to
date called.
City Treasurer, will receive sealed and $4,000 in 1953. Principal and the
delivery thereof, approving
bids until 11 a.m. on Aug. 31 for interest
(J-J) payable at the-Bank the legality of the bonds.
The
Niles, Mich.
the purchase of $1,000,000 notes
of Lansing.
Bond Sale—The $450,000 sewer
Legality to be ap¬ purchaser
shall
furnish
bonds
issued in anticipation of bonds to
proved by Thurn & Sidwell, of ready for execution at his ex¬ disposal system revenue bonds
be issued under Chapter 372 of
Lansing.
<V;i
pense.
Bonds will be delivered offered Aug. 23—v. 168, p. 693—
Acts of: 1946 for veterans' housing.
at the City Treasurer's office, or
were
awarded to a group com¬
Dated
Battle Creek, Mich.
Sept.
1, 1948
and
due
such other place as may be agreed
posed of Blyth & Co., of CMcago,
March 1, 1949. Notes will be cer¬
Bond Offering—Joseph M. Boos, upon with the
purchaser. Enclose Miller, Kenower & Co., and Jones
tified as to genuineness by the
City Clerk, will receive sealed a certified check for 5% of the B. Shannon & Co:, both of Detroit,
First National Bank of Boston, bids until noon
(EST) on Sept. 13 total par value of the bonds bid at a price of 100.045, a net interest
upon opinion of Storey, Thorn- for the purchase of $400,000 not
for, payable to the City Treasurer. cost of about 2.561 %, as follows:
dike, Palmer & Dodge of Boston. to exceed 3% interest water and
$190,000 2V4S, due on Aug. 1 from
Mk Detroit, Mich. I -iG:. ■'
' ■
Payable at the First National sewer revenue bonds, series of
1951 to 1961 incl.; $110,000 2&s,
Tenders Wanted-—John N. Da¬
Bank of Boston or at the Central
1948. Dated July 1, 1948.
due on Aug. 1 from 1962 to 196©
Interest
ley, City Controller, will receive
Hanover Bank & Trust Co. New J-J. Denom.
$1,000. Due July 1,
incl., and $150,000 2%$,*-due on
sealed tenders until 10 a.m. (DST)
York City.
as follows: $29,000 in
1949, $30,000
Aug. 1 from 1967 t<J 1972, incl. %
in 1950 and 1951, $31,000 in 1952, Sept. 2 of approximately $160,000
MICHIGAN
Oakland County *(P. O.
general obligation bonds for the
$32,000 in 1953, $33,000 in 1954,
City Sinking Fund, Water Board
Pontiac), Mich.
.:-G,r':GG$34,000 in 1955 and 1956, $36,000
Allegan, Mich,
Tenders Wanted—The Board of
in 1957 and 1958, $37,000 in 1959 Division, subject to the -following
Bond Sale
The $125,000 cou¬
conditions:
Road Commissioners will receive
and $38,000 in 1960.
Rate of in¬
pon v^ter supply system revenue
/ No offerings will be accepted sealed tender^ until 10 a.m. <EST)
terest to be in multiples of Va of
bonds offered Aug. 23—v. 168, p.
with maturity dates prior to April on Aug. 30 of highway improve¬
1%. Principal and interest pay¬
693
were
awarded to Miller,
ment
•
(Covert road)
refunding
able at the option of the holder at 15, 1956. Kenower & Co., of Detroit, the
All offerings shall be in writing bonds, dated Nov. 1,1935, and due
the Chemical Bank & Trust Co.,
successful bid being based on a
and shall be sealed.
Nov. 1, 1958. Tenders must not be
in New York; or at the Security
net interest cost of about 3.15%.
Offerings shall show the pur¬ in excess of par and accrued in¬
National Bank, in Battle Creek.
Dated July 15, 1948 and due se¬
terest.
Bonds maturing in 1954 to 1960 pose, the rate of interest, date of
V"
rially on July 15 from 1949 to 1978
maturity, and the yield.
shall be callable for redemption at
Pontiac, Mich.
:• v-y
inclusive.
Offerings will be accepted on
the option of the City in inverse
Bond Offering—Ada R. Evans,
the basis of the highest net yield
Ann Arbor, Mich.
order of maturities, and if less
City Clerk, will receive sealed
to the city.
The yield submitted
bids until 7:30 p.m. (DST) on Aug. *
Bond Offering —^ Sealed bids than an entire maturity is called,
shall be final and shall be used to
31 for the purchase of $90,000 not
will be received until 7.30 p.m. the selection shall be by lot, on
determine the dollar price on the
to
exceed
3%
interest aircraft
(DST), on Aug. 30, by Fred C. July 1, 1953, and on any interest date of
delivery. <
hangar
revenue
bonds.
Dated
Perry, City Clerk, for the pur¬ payment date thereafter < at par ■> i The
z city reserves the right on
chase of $300,000 coupon parking plus acrued interest to the date
Sept. 1, 1948. Denomination $1,bonds purchased which are deliv¬
fixed for redemption, plus a pre¬
000. Due Feb. 1, as follows: $7,system revenue, Series of 1948
ered
subsequent to Sept. 10, tc
000 from 1950 to 1954, incl.; $8,000
bonds.
Interest rate is not to ex¬ mium of $30 if redeemed in 1953,
pay accrued interest; up to that
from 1955 to 1958, incl ; $9;000 in
ceed 3%, payable M-S.
Denomi¬ and at a premium reducihg by $5
date only.
1959 and 1960, and $5,000 in 1961.
nation $1,000.
Dated Sept. 1, 1948. in each year thereafter to 1959, in
Offerings shall remain firm un¬
Callable in inverse numerical ojvDue on Sept. 1, as follows: $10,000 which year and succeeding years
til 2 p.im (DST) on Sept. 3.
bonds
may
be
redeemed
in 1949 to 1958, and $50,000 in said
der, at par and accrued interest,
without premium.
Said bonds are Ecorse Township Sch. Dist. No. 9 on any interest payment date.
1959 to 1962.
Bonds maturing in
not a general obligation of the
1955 to 1962, shall be subject to
Principal and interest (F-A) pay¬
(P. O. Allen Park), Mich,
able at the Community National
Bond Sale—The $208,000 school
redemption at the option of the City, but are payable from the net
revenues of the water and sewer
Bank, Pontiac. A certified cheek
bonds offered on Aug. 17—v, 168,
City in inverse numerical order
system of the City, on which they p. 592—were purchased by a syn¬ for $1,800, payable to order of the'
on any interest payment date on
will
have
a
first
lien
on
the
or after
dicate ff composed
Sep^. 1, 1954. Bonds called
of ^ Stranahan, City Treasurer, is required* Le¬
waterworks' system and a first
before Sept. 1, 1956, will be re¬
Harris ? &
Co., Inc., of Toledo, gality to be approved by Berry,
deemed at a price of $1,015, plus lien on the sewer system, after Grouse & Co., First of Michigan Stevens, Barbier & Evelym-ef De¬
of $160,000
of out¬ Corp., -McDonald-Moore & Co., troit. City will pay for the legal
accrued interest to date of re¬ retirement
demption; bonds called on or after standing Sewer Revenue bonds, and H. V. Sattley & Co., all of opinion and the cost of printing
the bonds.
*
Sept. 1, 1956, but before Sept. 1, being the unmatured portion of an Detroit, the only bidder, as 3s, at
issue dated July 1, 1934.
A certi¬ a
1958, will be redeemed at a price
price of 100.048, a basis of 2.98%.
MINNESOTA
fied check in the amount of $8,000
of $1,010 plus accrued interest to
Dated June 1, 1948.
Due serially
drawn upon an incorporated bank
date of redemption; bonds called
Clitherall (P. O. R. P. D.
on
May 1, from 1950 to 1953 in¬
or trust company and payable to
on or after Sept. 1,
Battle Lake), Minn.
1958, but be¬
clusive.
the order of the City Treasurer,
Bond Sale
fore Sept.
The $12,000 road
1, 1960, will be re¬
Elkton, Mich.
Bids
and bridge bonds offered Aug. 16
deemed at a price of $1,005 plus must accompany each bid.
shall be conditioned upon the un¬
Bond Sale—The Village Clerk —v. 168, p. 693—were awarded to
accrued interest to date of re¬
demption.
No premium shall be qualified opinion of Chapman & reports that the $20,000 general the First National Bank of Fergus
1946
paid on bonds called for redemp¬ Cutler, of Chicago, approving the obligation bonds offered for sale Falls, the only. Dated Aug.
legality of the bonds, which to¬ on Aug. 16, were awarded to the and due $1,000 on Aug. 1, from
tion on or after Sept. 1, 1960: but
gether with the executed bonds, State Savings Bank, of Gagetown, 1950 to 1961 inclusive.
'
no bonds of this issue 1 shall be
called for redemption until all will be supplied without cost to as 2i/2s, at par. Second best bid
Hinckley, Minn.
^
the purchaser.
was
an offer of
100.68 for 3V2s,
outstanding bonds authorized by
•
<
Duxbury, Mass.
Bond
Offering — Joseph T. C.
Town Treasurer, will re¬
Jones,
ceive sealed bids until 11
a.m.
on
Sept. 1 for the purchase of $274,000 school bonds.
Dated Sept.
1,
Denomination $1,000.
1948.
• Due
follows: $15,000 from
1949 to 1966 inclusive, and $4,000
in 1967.
Principal and semi-an¬
nual interest payable at the Day
Trust Co., Boston.
Legality ap¬
proved
by
Storey,
Thorndike,
Palmer & Dodge of Boston. Bid¬
der to name a single rate of in¬
terest, expressed in a multiple of
Sept.
1,
as
y4ofl%,
.TX-■
,
Debt—
The following is taken from the
"News Letter-' of the Municipal
Finance Association:
-
"
"On
Aug. 2, the thrifty munici¬
pality of Melrose, Mass. (popula¬
tion 25,333, E. J. Donovan, City
Auditor) became the only com¬
pletely debt-free city in Massachu¬
setts. In an informal gathering in
the mayor's office, the last $12,000
of the city's bonds were paid that
day and were turned over to the
mayor. Present at the get-together
were
all but one of the city's
former mayors. How did Melrose
do it? As of January, 1S32, the
city had an indebtedness of $1,-
795,000,
including
bonds f^and
municipal notes. An adidtional
loan
of
$120,000
made
was
in
Since that date the city has
followed a strict pay-as-you-go
1938.
policy, systematically paying off j
outstanding indebtedness at I
the same time. Not only has Mel-!
rose
freed itself of debt, but it
its
has been able to establish sizable 1
surpluses from which to finance!
major capital improvements. It
budgeted annually sufficient
city construc¬
tion projects. During the last four
years, $260,000 was appropriated j
has
amounts for various
school
for
construction
and
a
$350,000 Post-War Rehabilitation
Fund
created.
was
fund is
This
latter
being used to finance
the construction of sewers, streets,
and
to repair
public buildings.
During this entire period no serv¬
now
ice has been limited
in any
or
decreased
way."
—
The $21,000 sewer
hotes offered Aug. 25 were award¬
ed
the Day Trust Co., of Bos¬
to
ton,
as
1Y4S,
at
Due in 3 years.
a price of par.
Second high bid
of 100.50 for iy2s was made by the
Middlesex County National Bank
of Everett.
,
University of Massachusetts Build•
;
ing Association, Mass.
_
Bonds Publicly Offered — A
composed of Smith, Barney
& Co., W. E. Hutton & Co., Cof¬
fin
&
Burr,
Inc.,
and
Chace,
'Whiteside, Warren & Sears, Inc.,
made public offering on Aug. 24
pf a new issue of $1,500,000 2J/2%
p
group
serially
on
—
,
.
.
—
No. 83, as amended,
subject to call prior to
maturity have been redeemed in
accordance with the provisions of
said ordinance.
The redemption
shall
be
upon
30 days' notice
thereof given by publication in
a
paper circulated
in the State
which carries as part of its regular
services, notices of sale of munici¬
pal bonds, and in case of regis¬
tered bonds, 30 days' notice by
mail
to
the registered address.
Principal and interest payable at
Ann Arbor Bank,. Ann Arbor.
Rate of interest to be in multiples
shall be
at
the trust indenture.
bond
lett, Thompson & Brown, of Bos¬
ton. The bonds, in the opinion of
counsel, are interest exempt from
all present Federal income taxes,
der whose bid produces
are
tax free in Massachusetts and
legal investment for savings
banks in that State. In the opin¬
ion of counsel, these bonds will
-
rate
one
only.
The bonds will be awarded to bid¬
est interest cost to
the low¬
the City.
$18,000 coupon
are
constitute valid and legally bind¬
water
supply
system
bonds offered for sale
—v.
168,
p.
> revenue
on
until
9
follows:
$172,000
District No.
Due
on
Aug.
bonds.
448
1
as
follows:
$10,000 in 1949 and $18,000 in
1950 to 1958:
48,000 District No. 54 bonds. Due
on * Aug: 1, as follows: $3,000
in 1949, and $5,000 in 1950
to 1958.
Interest
is
rate
not
to
exceed
payable F-A.
Denomination
$1,000. Dated Aug. 1, 1948. Prin¬
cipal and interest payable at the
City Treasurer's office.
Rate - of
interest to be in multiples of Va
6%.
Aug. 23
693—were awarded to
of 1%.
The interest rate for each
period
shall
be
at
on
one
one
bond
qnly.
rate
bonds will be awarded to the bid¬
der whose bid produces
interest
cost
to
the
Emmett Township
No.
the lowest
City
to
be
School District
(P. O.
7
Battle
R. No.
1,-0
Mich.
Bond Sale—The issue of $18,000
Creek),
general obligation bonds offered
Aug. 24 were awarded
to the
Channer Securities Co., of Chi¬
2%s, Interest A-O. Dated
Aug. 1, 1948. Denoms. $1,000 and
$500. Due April 1, as follows: $3,500 in 1949 to 1952, and $4,000 in
1953. Principal and interest pay¬
able
at
the
Michigan National
Bank, Battle Creek. The unquali¬
fied opinion of Thurn & Sidwell,
of
Lansing,
will be furnished
without expense to the purchas¬
er.
The purchaser shall furnish
bonds ready for execution at his
cago, as
expense.
Erin
.
Lake
and
tional
The
any
> -.
will
(DST),
on Sept. 7, by Myron A. Stevens.
City Clerk, v for the purchase of
coupon special assessment bonds
aggregating* $220,000, divided as
p.m.
coupon
Armada, Mich.
Bond Sale—The
received
State
Elkton
the
by
Bank, of Elkton.
Bond Offering—Sealed bids
be
of
for each coupon period on any one
Legality to be
approved by Ely, Bradford, Bart-
Dearborn, Mich.
are
Aug. 15 from 1949 to
as provided in
Callable
submitted
Ordinance
which
Vi oi 1%. Registrable as to
principal only.
The interest rate
15,
.
.
1948. Due
bonds.. Dated Aug.
1972 incl.
—
=
Stoneham, Mass.
Note Sale
v
.
G^GG^Melrosef^Mass^'y-y-G'y'-y:-.
Retires Last of Bonded
;
,
(P.
School
St.
O.
-
Bond
-
;
Townships
District
,
Frac¬
No.
3
Clair Shores),
Mich.
Call—The
District
Sec¬
retary calls for payment on Oct.
1, 1948, refunding bonds of 1940,
Bond
Sale—The
$60,000
perma¬
nent
improvement revolving fund
bonds offered Aug. 24—v. -168, p.
693—were awarded to Kalman &
Co., of Minneapolis. Dated Aug. 1,
1948 and due Aug. 1, from T950 to
1968
inclusive.
Bonds maturing
after Aug. l, 1958 are
callable on
said date and
subsequent
on
any
interest payment date, in
numerical
inverse
order, at par and ac¬
crued interest.
Kandiyohi County (P. O.
Willmar), Minn.
■
Bond Sale
—
The
$58,000 2Vz%
drainage improvement bonds of¬
fered
were
19—v.
Aug.
awarded
to
168,
C.
p.
493—
Ashmun
S.
Co., of Minneapolis, at a-price of
103.879,
Dated
basis of about L814%.
a
Aug.
1,
1948, and
Feb. 1 from 1950 to 1959
Second,
high
bid
made
by
First
National
apolis.
a
group
of
due on
inclusive.
102.81 was
headed by the
Bank
of
Minne¬
.
v./.-'
*1 •
,<
"M'K'i
■.
,
Sf. Paul),
Minn.
$40,000
Sale—The
Bond
r'
;
Ramsey County Common School
District No. 6 (P. O.
ivf
•'V
■■
'
i
••
i
lieved
it
important
*
urer
100.031,
price of
a
and
due
Jan.
from
1
1959 inclusive.
>
^
1950
Certificate
\\
I
,,
Robbinsdale, Minn.
to
Sale—The
$100,000
certificates of¬
Aug. 19—v. 168, p. 693—
were purchased by the First Na¬
tional Bank & Trust Co., of Min¬
debt
■r. emergency
fered
on
price of
100.027, a basis of 1.48%. Dated
Aug. 1, 1948. .Due Aug. 1, 1951,
callable as of Feb. 1,
1950. The
next highest bidder was Kalman
& Co., for 2s, at 100.131,
neapolis,
>
7
at
a
Sale
Bond
tion
with
Details—In
the
sale
of
connec¬
the $54,000
disposal system bonds to
the Farmers State Bank, of Roth¬
sewage
say, as 4s, as reported in our
23 issue—v. 167, p. 792—we
that
bonds
the
sold
were
Aug.
learn
for
f
price of par.
7
Great Falls, Mont.
$5,700 6% semi-annually sanitary
bonds were purchased re¬
cently by the Mountain States
Building 6c Loan Association, of
Great Falls, at par. It is also re¬
ported that $3,000 6% semi-ann.
street improvement bonds were
purchased recently at par by a
local investor.
a
'
bonds
1948.
1,
offered
from
serially
Due
1950
to
to rate
Sale
The
—
Mont.
Town
Clerk
1948.
Due
$3,000 from Aug. 1,
1963, incl., callable on and
after Aug. 1, 1958. Interest pay¬
able F-A,
1949 to
Jan.
on
Hot
Bond Sale
1,
Springs, Mont.
—
The $6,500 Special
mprovement District No. 4 war¬
rants
or
bonds offered for sale
on
\ug.
16, were purchased
by a
ocal investor as 5s,
according to
the Town Clerk.
Certificate
Sale
Minn.
$15,000
street
grading and curbing certifi¬
cates
of
indebtedness
Aug. 23
v.
168,
awarded to the
and
the
First
p.
offered
792
—
on
were
Bank of Willmar,
Security
Bank of Willmar,
National
jointly,
2s, at
basis of about
as
price of 100.166, a
1.93%. Dated Sept. 1,1948 and due
on Sept. 1 from 1949 to 1952 incl.
a
1960
to
1961
inclusive
to
Principal'
(A-O)
Sandwich Sch. Dist., N. H.
:
payable
tional Bank &
1967
and
Bond
''
•
•''
•
■.
'
George B.
-
^,
First
Trust Co., Kearny.
Almon
—
the
at
National
Boston,
Bank,
the
or
Offering—Mrs.
Rockland
the rate
bonds
will
be
6%
interest
1949 to
1968, incl. Bidder to name
single rate of interest, expressed
a multiple of
Vsth or l/20th of
1%. Principal and interest (A-O)
payable
at
the
First
National
in
pre¬
Bank of Butler.
the
authenticated
exceed
a
supervision of
to genuine¬
ness
by the Meredith Trust Co.,
and delivery will be made, at the
purchaser's option, at the Mere¬
dith Trust Co., Meredith, or the
National Rockland Bank, Boston.
Telephoned bids, unless confirmed
by telegram received prior to 2
p m. on sale date, will not be con¬
under
pared
and
to
not
registered school bonds.
Dated Oct. 1, 1948. Denomination
$1,000. Due $4,000 on Oct. 1 from
delivery will be consid¬
Legal
without
opinion,
charge to the purchaser, will be
furnished
by
&
Nighswander
Lord, of Laconia, or by Storey,
Thorndike, Palmer & Dodge, of
The
City
est
bidder
Buchanan, N. Y.
Bond Sale—The $48,000 munici¬
building
bonds
20—v.
168,
offered
on
694—were
p.
purchased by Chas. E. Wei gold &
Co., of New York, as 2.90s, at a
price of 100.52, a basis of 2.84%.
Dated Aug. 1, 1948.
Due serially
Aug. 1, from 1949 to 1968 inclu¬
sive.;
The
next
highest
bidder
Roosevelt & Cross, for 3s, at
ment bonds offered for sale on
was
100.43.
s]
m
<
'
Clinton
County (P. O.
Pittsburgh), N. Y.
A certified check
$1,600, payable to order of the
of Education, is required.
Legality to be approved by Haw¬
kins, Delafield & Wood, of New
Board
York City.
Prm'i S*le—The* S121.030 high¬
way bond$; offered Aug. 725~-v.
168, p. 792—were awarded to the
State
Bank
Dated
of
Sept.
Albany,
1,
1948
"1949
Sept.: 1
Springs, N. Mex.
from
clusive.
NEW MEXICO
Hot
The next high¬
Marine Trust
the
was
Co., Buffalo, for 2.20"s, at 100.155.
for
as
Tilney
&
and
T%s.
as
due
to, 1953
Co.,
on
in¬
of* New
York, second high bidder, offered
Bend Sale Details—The $250,000
bonds awarded Aug. 9 to
100.13 for 1.60s.
sewer
Corning Union Free School District
(City and Town), N. Y.
Bond Sale—The $115,000 school
Wachob-Bender
Corp.,
of
Omaha, as previously noted in v.
168f p. 694—were sold as 3.40s, at
a price of par.
Hackensack, N. J.
Bond
to 1958 inclusive.
pal
coupon or
ered.
Boston.
Buffalo,
2s, at a price of 100.11, a basis
1.97%.
Dated Aug. I, 1948.
Due serially on Aug. 1, from 1949
Of
Aug.
000
bid for
no
p. 593—were
Manufacturers
the
as
H.
(DST) on
Sept. 20 for the purchase of $80,-
of interest in mul¬
tiples of *4 of 1%, and
Alma
by
and Traders Trust Co. of
sealed bids until 8 p.m.
Meredith
'
N.
Aug. 20—v. 168,
on
purchased
Banta, District Clerk, will receive
Trust Co., Meredith. Bidders must
name
Bias dell,
Y.
f Bond Sale—The $21,850 public
Na¬
playground, 1948 bonds offered
W. Bidder to name a
single rate of
Superintendent of interest, expressed in a
multpile
Schools, will receive sealed bids of % or 1/20 of 1 %. A certified
at his office in Meredith, until 2
check
for
$24,920,
payable
to
p.m. (DST) on Sept. 7 for the pur¬
order of the Town, is required.
chase of $73,600 coupon or regis¬
Legality to be approved by Haw¬
tered school building bonds. Dated
kins, Delafield & Wood of New
Oct. 1, 1948. Due Oct. 1, as fol¬
York City.
lows: $4,000 in 1949 to 1962, $3,000 in 1963 to 1967, and $2,600 in
Kinnelen School District, N.. J.
1968. Principal and interest pay¬
Bond
Offering
"
interest
and
at the
inclu¬
Bushnel 1,
Bonds Authorized—An issue of
City School District, Neb.
.
;
,
sive.*
NEW JERSEY
City Council/
■
y
Monday, August 30, 1948
the
■558,000 intersection paving bonds
vas
recently authorized by the
w
yy-
for 2.90s,
1956
$80,000 from
Bloom Held, Neb.
Z ozad
'
00- 0 V^yvv''
from
NEBRASKA
The
—
•
to the District Treasurer.
sidered.
Willmar,
1'
;■
y'^yy
Gibbons'& Co., Inc., New York,
only other bidder, offered 100.28
less than par and accrued interest
and
the
Lanesboro
State
Bank, of Lanesboro, jointly, as
2.70s, at a price of 100.224; a basis
of about 2.66%. Dated Aug. 1,
' v.
1949 to 1958 inclusive.
or
to date of
olis,
''•r'!;'' '•>/ Or* '{V*
■■
v/'yt
'/ -'(.y y\ y:vy: y'\.y
;
$1,000. Due Oct. 1, as fol¬
$61,000 in 1950; $60,000 from
1951
to
1955
inclusive; $65,000
as
certified 'or
a
states that the $45,000 road and
bridge bonds offered for sale on
Aug. 14, were awarded to the
On
inclusive.
1957
Whalan),
O.
(P.
Bond
(P. O, Kensington), Minn.
Bond
Sale—The
$10,000 road
Aug. 16 — v. 168, p. 693 —were
purchased
by ■ the
First- State
Bank, of Kensington. Dated Sept.
■r"
tion
able
Holt
v"':
.'
.
lows:
Enclose
Bo ltd
Bonds Sold—It Is reported that
Solem
improvement
y:y.y-'7;
Allison-Williams Co., of Minneap¬
Rothsay, Minn.
V
"
IV2S,
as
*
MONTANA
sewer
.
■:
NEW HAMPSHIRE
Dated Sept. 1, 1948
on
■
':
7
cashier's check for $5,000, payable
Nacy served as State Treas¬
from 1933 to 1937.
of
basis
a
'7,7v,
v
>y;'
t
at
\
in without limitation
familiar with the office.
National Bank of St. Paul, as 2.60s
about 2.59%,
VJ.'.
get amount *
to
Mr.
build¬
->X.l
THE.i COMMERCIAL &■: FINANCIAL CHRONICLE
;
was
•
/f
v-
months until the term ends he be¬
someone
ing bonds offered Aug. 25—v. 168,
p. 792—were awarded to the First
'V-',":
•
i<
(894)
58
,
v-7'
Offering—Ethel M. Hoyt,
Clerk,
will receive sealed
bids until 9 p.m. (DST) on Sept. 7
lor the purchase of $144,000 not to
New
Mexico
(State
'
construction
20—v.
to
of)
a
building bonds was purchased
recently by a group composed of
sxceed 6% interest coupon or reg¬
istered refunding bonds.
Dated
Offering—Emil L. Barta,
Secretary of the Board of Educa- Sept. 1, 194§. Denom; $1,000.* In¬
ion, will receive sealed bids un- terest J-D. Due Dec. 1, as follows:
the
York,
Bond.Sale—Ah issue of $2,100,-;
000
168,
First
as
basis
Sept. 1,
Nov. 1
p.
bonds
1.60s, at
of
offered
Aug.
694—were awarded
Boston Corp., New
about
a
price of 100.13,
1.574%.
Dated
1948 and due serially on
from
1949 to 1958 inclu¬
Boettcher & Co., of Denver; Lee
sive.
A similar bid was entered
Higginson Corp, New York, and
by Wood, Struthers & Co., of New
R. J. Edwards, Inc., of Oklahoma
il 7:30 p.m. (CST) on
MISSISSIPPI
Sept. 1 for $5,000 in 1950 and 1951, $7,000 in City, at a price of par. The bank¬ York, and the decision as to who
he purchase of $250,000 not to 1952, $8,000 in 1953,
was to win the award was deter¬
$15,000 irt ers purchased the bonds
7 •;
subject
Canton, Miss.
:xceedv 6%
interest*building t954, $20,000 in 1955, $29,000 in to
Other
approving legal opinion t of mined by flipping a coin.
Bonds Approved as to Legality
jonds. Interest M-S. Dated Sept. 1956, and $55,000 in 1957. Princi¬
Myles P. Talmadge, of Denver, bids included an offer of 100.16
—An issue of $40,000 .2% sewer
t,
1948. ' Denomination
$1,000. pal and interest payable at the and Chapman &
for 1.70s by C. J. Devine & Co.,
Cutler, of Chi¬
bonds has been approved as to
3ids are requested on each of the Peoples
Trust Co., Hackensack.
of New York.
'
7?
7
cago.
.legality by Charles & Trauer¬
Allowing
maturity
schedules: Each
proposal
submitted
must
nicht, of St. Louis.
>
'
Edwards, N. Y.
Schedule "A": Due Sept. 1, $9,000 name the rate of interest to be
NEW YORK
Bend OnCrittg-r-J. Alien Sibley,
n
1949 and 1950, $10,000 in 1951 borne by the bonds bid for and
Lee County Supervisors Dist. No. 1
Village. Treasurer, will receive
0
the rate named must be in a mul¬
Albion, Parish, Orwell, Hastings,
1953, $11,000 in 1954 to 1956,
(P. O. Tupelo), Miss. V
sealed bids until 2 p.m. (DST) on
Mexico, Amboy, Richland Wil112,000 in 1957 to 1959, $13,000 in tiple of 1/20 of 1%, and must be
Bonds Approved as to Legality
Sept. 1 for the purchase of $3,000
960 and 1961, $14,000 in 1962 and the same for all the bonds.
liamstown and^ West Monroe
The
7—An issue of $30,000 road bonds
2% * sidewalk, curp .and gutter
Central School District No. 2
963, $15,000 in 1964 and 1965, purchase price specified in the
has been approved as to legality
bonds. Dated Oct. 1, 1948. Denom.
-116,000 in 1966 and 1967, and $17,- proposal must not be less than
(P. O. Alt mar) N. Y.
by Charles & Trauernicht, of St.
$1,000. Due Oct. 1, 1953. Principal
00 in 1968.
Schedule "B":
Due $144,000 nor more than $145,000.
Bond Sale—The $40,000 build¬
Louis.-•
and interest (annually on Oct. 1)
-;
' '1 ' 7
Sept. 1, $5,000 in 1949 and 1950, The successful bidder will
be * ing bonds offered Aug. 25—v. .168
payable at the Village Treasurer's
Pelucia- Drainage* District (P^ O.
16,000 in 1951 to 1955, $7,000 in furnished with the opinion of'
p. 793---were awarded to George
office.
•956 to 1960, $8,000 in 1961 to
Greenwood), Le Flore '
1964, Reed, Hqyt & Washburn of New * B. Gibbons & Co., Inc., of New
County, Miss.77 .v 7-77 19,000, in 1965 to 1968, $10,000 in York City, that the bonds are York, as 2.10s, at a price of 100.38,
Elmira, N. Y.
*969 to 1971, and
$11,000 in 1972 valid and legally binding obliga¬ a basis of about 2.02%.
Bond Sale—The $360,000 coupon
Bonds Purchased by RFC—The
Dated
0 1978.
Bonds of either schedule tions
of the
City.
A certified Sept. 1, 1948 and due on Sept. 1 or registered
Reconstruction Finance Corp. has
general improvehall be redeemable in whole or check for
$2,880 payable to the? from 1949 to 1958 inclusive. Sec- ment bonds offered for sale in
purchased an- issue of $25,000 4 %
n
part at par and accrued inter¬ City, is required.
ond high bid of 100.275 for 2.20s Aug. 24 — v. 168, p. 793 — were
drainage bonds at a price of par.
est at the option of the district at
Dated April 1, 1948 and due se¬
was made by the Oswego County
awarded to the Harris Trust &
Keansburg, N. J.
ny time after Sept. 1, 1953.
The
National Bank of Oswego.
rially on April 1 from 1949 to 1963
Savings Bank, of Chicago, as 1
Bond Offering—Ralph O. Wil¬
.istrict wishes to consider propoinclusive.
at* a price of 100.21, a basis of
Legality approved by
als on each of the maturities as liams, Borough Treasurer, will re¬ ";
Charles
6c Trauernicht
Argyle (P. O. Argyle), N. Y.
about 1.46%.
of
St.
Dated Aug; I, 1948.
...
-
.
.
Louis.;
v-v
et forth above.
■; 7;
•st
Prentiss County (P. O.
Booneville), Miss.
Offering—It is stated by
L.
Houston, Clerk of the
Fred
Board of
County Supervisors, that
he will receive bids until Sept. 7,
for the purchase of $100,000 road
and
bridge
These
bonds
improvement
were:
bonds.
approved
by
the voters at the election held on
Aug. 17.
v
,■
,;7:
N
Missouri (State of ) '
e w
Richard
Treasurer ((Appointed
B.
but
vary
the
ceive
sealed
(DST)
bids
terest coupon or
divided
bidder
on
y;
basis
of
he lowest interest cost to the dis¬
trict, but
ered
no
bid
will
for less than par.
be
All proposals
;ates
of
shall state
coupon
rate
or
interest; (2) total dollar
interest; (3) total preoffered; (4) amount of in¬
amount of
as
$330,000
000
consid¬
8
p.m.
Due on Feb. 1, in 1950 to 1958,
Interest payable F-A.
will receive inclusive.
sealed bids until noon (DST) on
Second best bid was an offer of
Sept. 1 for the purchase of $10,000 .100.14 for 1 y2s,. submitted by the
not to exceed 4% interest storage
First Boston Corp., and the Che¬
house—1948 coupon or registered mung Canal Trust Co. of Elmira,
bonds.
Dated Sept. 1, 1948. Debidding jointly,
nomination
$1,000.
Due $1,000
on
March 1, from 1949 to
1958 Faltsburghr Thompson, - Mamabat¬
inclusive.
Principal and interest ing and Wawars'ing Central Schatfl
District No. 1 (P. O. South
(M-S) payable at the Town Su¬
7 r' Fa'hburgh), W. ^
; 7
7
pervisor's office.
Rate of interest
to be in multiples of xk or 1/10 of
Bond Sale—The $17,000 school
1%, and must be the same for all bonds offered on Aug. 19 were
of the bonds.
The bonds will be purchased by'the Marine Trust
delivered at the office of the sue- Co. of Buffalo, as 2s, .at a price
cessful bidder or at the option of of 100.082, a basis of 1.98%. Dated
the successful bidder at the office Aug. 1, 1948.:
Due on Feb. 1, as
of Edward R. Waite; Hudson Falls, follows: $3,000 from 1950 to 1954
N. Y., on or about Sept. 15, 1948. inclusive, and $2,000 irt 1955. ApNa opinion of counsel will be ren- proved as to legality by Hawking,
dered.
A certified check for 2% Delafield & Wood, of New York
registered bonds
follows:-
sewer
on
bonds.
Sept.
1
Due
from
$10,-
1949
to
47,500
_
equipment
bonds.
Due
Sept. 1, as follows: $8,000
from 1949 to 1951 inclusive;
$11,500 in 1952, and $12,000 in
1953. /
Alf of the
-bonds
are
dated Sept.
1, 1948.
One bond for $500, others
$1,000 each. Principal and interest
(M-S)
payable at the Keansburg
National Bank. Bidder to
name
}
a '
Nacy was appointed! nium
single rate of interest, expressed
State Treasurer on Aug. 17 to suc¬ terest less
premium. No proposal in a
multiple of Vi or l/10th of
ceed the late Robert W. Winn. Mr.
offering to pay less than par and 1 %. A certified check
for 2% of
Nacy will serve out the remainder accrued interest
j
thereon, or for the bonds, payable to order of the
of Mr. Winn's term, which will be less
than the aggregate
principal Borough
Treasurer, is required.
until next January/ when he will
urount of the bonds to be sold,
Legality to be approved by Cald¬
be
succeeded
by whomever
is will be considered. Printed bonds,
well, Marshall
Trimble & Mit¬
elected in the November election.
registration fees and approving chell of New
York City t
In accepting the
aopointment, Mr. opinion of an Attorney satisfacNacy resigned as vice-president of "ory to the purchaser, will be fur¬
Kearney, N. J.
the
Central Missouri
Trust
Co.! nished by the District, free of ex¬
Bond Offering — Donald Allan,
Missouri
law
forbids
the
State pense on or before
Sept. 25. ?' The Town C^rk, will receive sealed
Treasurer from being associated full faith and credit of
the district bids until.8 p.m.-(DST) on Sept.
with any bank; Governor Phil M. are
pledged-to the payment of 8 for the purchase of $1,246,000
Donnelly, in announcing the ap-j these bonds, which are payable not to exceed 6% interest
coupon
pointment, said that since it is from ad valorem taxes to be lev¬ orregistered
school r bonds
only about four and
one-half * ied on all taxable property there¬ Dated
Oct.
1.
1348.' Denomina¬
Bond
of
Offering—Louis F. Oste-
Town
yee,
1981 inclusive..
In deter-
nining the best bid, the interest
lost to the district will be com¬
muted by
determining the interest
o
maturity at the rate or rates
specified by the bidder after de¬
luding therefrom any premium
eparately (1) the
—\
the
until
Sept. 7 for the purchase
of $377,500 not to exceed 6% in¬
on
sponsible
offered.
MISSOURI
>
Individual inter-
may
otal must equal the rate bid. The
;onds will be awarded to the re¬
Bond
?,
coupons
the
Clerk,
amount
of
bonds
for.
bid
payable to the Town, is required.
Medina, N. Y.
_
_
■
Bethel, North
White
Lake Fire
Price Paid—The Village Treas¬
now
states that the $34 000
athletic field bonds awarded on
District (P.
O. Kauneonga
Lake), N. Y.
•
.
Bond
truck
168;
p.
Sale
bonds
—
The
urer
Aug. 5 to the Medina Trust Co.
as 1.90s—v. 168, p. 593—were pur-
$15,000 fire
offered
Augv 25—v.
793—were awarded to Til-
& Co., of New York/as 2%s,
at a price of 100.16, a basis of
phr»i+ 2.718%.'.'■ Dated Aug. 1, 1948
ney
and
due
serially on Aug. 1
^rom
j
chased by the said company at a
price of 100.23, a basis of about
.1.86%.
Due serially on July 1,
from 1949 to 1958, inclusive. Inl¬
terest payable J-J.
■
Volume 168
Newfane
School
•
'
Wilson
and
District
No.
Newfane),
_
Bond
.*•
Number 4729
Sale
$1,550,000
24—v.
168, p. 694—were award¬
ed to
a
syndicate composed of
George ^B. Gibbons & Co., Inc.,
&
Co.,
Inc.,
Charles
E.
Weigold ; & Co., E. H. Rollins
& Sons, and Coffin & Burr, all of
New ;-York,
as
2.70s, a basis of
about 2.685%. Dated Sept. 1, 1948
And due serially on Sept. 1 from
1949 to 1978 incl. Second high bid
.
.
©f 100.386 for
a
2.90s
made
was
be furnished the purchaser.
must be
on
a
form to be
by
Trust Co., Buffalo,
&
Traders
Trust
Manufacturers
Co.,
Buffalo,
B. J. Van Ingen & Co., Roosevelt
& Cross, R. D. White & Co.*, Hall
& Co., and Tripp & Co.
i
,Old Forge Water Distric,
"
-«©nd Sale^rThe
1948
C. J.
i
-
y
Devine & Co. of New York,
at a price of 100.05, a
basis of 2.49%. Dated May 1, 1948.
2V2s,
as
Due serially on May 1, from 1949
to 1978 inclusive* The next high¬
bidder
est
Chas. E.
Weigold
& Co., and George B, Gibbons &
Co.,
Inc., jointly,
for' 2.70s, at
100.58.
twas
;
-
v^/r
■
Y.I
Pembroke (P. O. Corfu), N.
Sale—The $13,000 build¬
> Bond
ing, 1948 ^pnds offered s on Augi
19—v. 168, p. 694—were purchased
by the State Bank of Albany, as
1.70s, at price of 100.079, a basis
of
1.66%.
est bidder
the
Marine
until
11
a.m.
1%,
1,
as
000,
;
•
and
interest
legal
No
tender
bid
bonds
for
will
than
less
be
all
of
Bond
will
entertained.
for
all
Heckler,
to
the
1963.
,
/„
26,000 refunding bonds.
Due on
: March
1, as follows: $3,000,
//
1956 to 1959; $4,000, 1960 and
i
1961; $3,000, 1962, 1963.
.
cost.
A
City, will
purchaser
certified
The
Treasurer of
received
Sealed bids
—
until
11
a.m.
•
check,
Southern
Pines
School
Offering
—
L.
E.
Smith,
Secretary of the Board of Educa¬
tion^/will receive/ sealed bids
til
12:15 p.m.
(CST)
un*
Sept.
on
15
for the purchase of $2,000,000 not
to
exceed
4%
interest coupon
Greensboro, jointly, at
a
price of
$750,000 as 2Vzs, due from Margh 100.064, a net interest cost of
1, 1950 to 1975; the remaining about 2.865%, as follows: $10,000
$120,000 as 23/4s, due on March 1, 214s, due on March 1 from 1950 to
in 1976 to 1978. Dated Sept. ;1, 1954 inclusive; $10,000 214s, due
•1948./ Interest,, payable M-S. Sec¬ on March 1 from 1955 .to 1959 in¬
ond best bid was an offer at par clusive
and $25,000 3s, due on
Tor $80,000 as 3s, $190,000 as 2*/4s,
March
$280,000 as 2%s, and $320,000 as
2%.s, for a net interest cost of
clusive.
about 2.60%
submitted
by F. W.
Craigie & Co., and associates.
1
from
The
1960
bonds
to
are
State bank
will
be
(EST),
erling,
received
—
11
a.m.
Aug. 31, by W. E. EastSecretary of the Local
on
Government
Wayne County (P. O.
Goldsboro), N. C.
Sealed bids
until
Commission,
at
his
Bond
will
be
Offering
received
—
Sealed bids
until
11
a.m.
(EST), on Aug. 31, by W. E.
Easterling, Secretary of the Local
equip¬ Government Commission, at his
ment bonds. Bidders are to name office in
Raleigh, for the purchase
the interest rate, not to exceed of
the
following coupon bonds
6%, in multiples fo y4 of 1%. No aggregating $883,000:
office in Raleigh, for the
purchase
of $15,000 coupon
street
p.
Bond. Sale—The $320,000 school
land Corp., of
bonds offered for sale
—v.
Cleveland, as 2s, at
price of 100.04, a basis of about
1.992%.
Sale
consisted
of:
168,
on Aug. 23
695—were awarded to
p.
United
the
$50,000 shore erosion bonds.
/
Nov.
on
States
National
Bank
of
Due
1 from 1949 to 1958
//'- inclusive.
time
;v■://
not sold.
were
.
Bond Sale—The $60,320 Adams
Township Road Improvement No.
583
bonds
offex-ed Aug. 25—v.
168, p. 794—were warded to the
First Cleveland Corp., of Cleve¬
land,
iy4s, at
as
basis
a
a
Northwest
Co.,
Seattle.
Curry County School District No. 1
1.23%.
.
Bond
18 to the Curry County
Beach, at a price of
100.65, a net interest cost of about
3.395%, as follows:' $21,000 23/4s,
on
payable
to
the Treasurer
Board of Education, is required.
Choctaw County
""/•■///„
'
$200,000 hospi¬
Bond Sale—The
tal bonds offered for sale
Bonds
on
Aug.
annual
$41,000 semi¬
improvement, spe¬
street
Clerk
held
17 the voters approved
the issuance of the following wa¬
ter supply bonds aggregating $8,223,000: $4,600,000 Canton Project,
and
$3,623,000
Ames
Project
bonds.
to
issue of
Sale—The
electric
$20,-
offered
Aug.
bonds
168, p. 594—was awarded
J. Edwards, Inc. of Okla¬
R.
homa
City,
Feb.
from
sale
Feb.
were
100.67,
basis of
a
1, in 1951 to 1960, incl. Interest
payable F-A. Runner-up in the
bidding was Ryan, Sutherland &
Co., offering 100.38 for 2y4s.
Ashville, Ohio
Bond Sale
—
The $6,000 water
works improvement bonds
on
Aug.
6—v.
168,
p,
offered
394—were
purchased by Walter, Woody &
Heimerdinger, of Cincinnati, as 3s,
at par. Dated July 1, 1948. Due
serially on Jan. 1, from 1950 to
1979 incl. The next highest bidder
was J. A. White & Co., for 3Vis,
at
101.88.
"
'
Sale—The
$200,000
on
inclu¬
the ' State
in \ New
Legality approved by
Winfree,
McCulloch,
Shuler ' &
Sayre of Portland.
/ / ' ; '
/
/
'
Oregon (State of)
'
Bond Sale—The issue of
veterans'
000
fered
were
Aug.
welfare
24—v.
awarded to
a
$3,000,-
bonds
168,
p.
syndicate
of¬
695—
com¬
posed of the National City Bank,
Bankers Trust
Co., Merrill Lynch,
Fenner & Beane, Braun,
Bosworth & Co.; Inc., Lee HigginCorp., and Brown Bros. Harall of New York, as
1V2s, \at a price of 97.30, a basis
of about 1.745%. Dated Oct.
1,
1948 and due Oct. 1, 1959. Callable
in numerical order, or in their
entirety, on Oct. 1, 1953 or on any
subsequent interest payment date.
Second high bid of 99.279 for l%s
was
made by a syndicate com¬
posed of the Harris Trust & Sav¬
ings Bank, Chase National Bank,
Northern Trust Co., First Boston
Corp., Seattle-First National
Bank, and American Trust Co.,
riman & Co.,
San Francisco.
/
:
:
.
Washington County School District
No. IS (P. O. Forest Grove),
Oregon
Bond Sale—The $250,000 school
bbnds offered Aug. 20—v. 168, p.
National
awarded
Bank
bidder.
only
and
1948
due
tq the First
of
Portland, the
Dated
Sept.
15,
on
Sept. 15 from
1949 to 1968 inclusive.
PENNSYLVANIA
1 ^
Notes Sold—The following tem¬
loan
notes aggregating
$2,664,000,
offered for sale on
Aug. 17, were awarded to Salo¬
mon
Bros.
& Hutzler, of New
bids until 8 p.m. (CST) on Aug. 31
York, at
for the
premium
of
$34.50;
$1,664,000
Thirty-second Series, dated Aug.
27, 1948, and maturing on Feb.
11, 1949; the $1,000,000 Thirtythird Series, dated Sept. 7, 1948,
maturing on Feb. 11, 1949.
The remaining $1,000 000 Thirtythird Series temporary loan notes
purchase of $28,000 build¬
ing and furniture bonds. Due se¬
rially/from 1951 to 1957, incl.
Bonds will be awarded to the bid¬
der naming
the lowest rate of in¬
terest and agreeing to pay par and
accrued interest. A certified check
of the amount of the bid
for 2%
is
required.
»
Loyal School
■■■r*'"
~
■
,
.
porary
were
District
(P.
O.
niture bonds offered
sold at
offered Aug.
1.87%.
a
on
Aug. 16,
net interest cost of
rate of 1.16%, plus a
awarded
a
Sept.
to
the
Bessemer
7,
at 1.14%,
premium of $15.
Dated
1948.
Due on Feb. 11,
1949.
.'„■/;
'•
Township School District
(P. O. Cornwells Heights), Pa.
Bond Sale—The issue of $60,-
Bensalem
000
.
a
Trust Co. of Jersey City,
plus
Loyal), Okla.
Bonds Sold—It is stated by the
of the Board of Education
were
168, p. 695—
due
1967
Bond Offering—B. C. Stribling,
District Clerk, will receive sealed
nicipal airport Fund No. 6 bonds
25—v.
on
agency
of
York City.
County Union Graded
School District No. 72 (P. O.
Elmore City), Okla.
that the $22,000 building and fur¬
mu¬
1955
inclu-
1961
33/4s,
to
to
due
sive. Dated Aug. 1, 1948. Princi¬
pal and interest (F-A) payable at
the County Treasurer's office, in
Gold
Beach,
or
at
the
fiscal
1
Bond
to
$22,000
1962
1950
3y4,s,:
Allegheny County Housing
Clerk
Columbus, Ohio
1956
from
1
from
Authority, Pa.
price of
about 2.15%.
1, 1948, Due on Feb.
1951
Garvin
& Co., Inc., as 214 s, at a
Dated Aug.
1
$21,000
and
isive,
$2,000 in 1957.
Aug. 21—v. 168, p. 695—
awarded to Braun, Bosworth
Feb.
from
1
as 2y4 s.
Due $3,000
to 1956 inclusive and
cial assessment bonds offered for
on
on
inclusive;
794—were
Fairview, Okla.
16—v.
Sale—The
City
election
the
at
Aug.
on
000
Bond
Voted—The
that
states
Bond
.
due
;
son
(P, O, Hugo),
Okla,
OHIO
Alliance, Ohio
Aug.
Bank of Gold
Pierce,
multiples
1/10 of 1%. No bid of less
000,
Sale—An issue of $64,000
bonds was awarded
construction
Dated
OKLAHOMA
Rate of interest to be in
than par and accrued interest will
be considered.
The bid offering
(P. O. Port Oxford), Ore.
..
price of 100.069,
about
of
trust company des¬
or
ignated by the successful bidder.
Registerable as to principal only.
..dated
Sept. 1, 1948. Second high bid of
100.002 for $10,000 23/4s and 35,000
3s was made by Oscar Burnett &
Henderson, N.C*
Offering
168,
High
Union
Molalla), Ore.
Interest
1969 in¬
Co.
Bond
19—v.
County
Sch. Dist. No. 4 (P. O.
bonds
594—
J-J. Sept. 30, 1948 and due on Sept. 30
Dated Oct. 1, 1948. Denomination from 1949 to 1956 inclusive. Sec¬
ond high bid of 100.626 for l3/4s
$1,000.
Due Jan. 1, as follows:
was made by Braun, Bosworth &
$100,000 in 1951 to 1960, and $125,000 in 1961 to, 1968; Principal and* Co.? Inc. and Ryan, Sutherland &
/•
—
interest payable at any suitable Conjointly.
building J bonds.
District
oif Aug. 24—v. 168, p. 793
(P. O. Carthage), N. C.
—were awarded jointly to the
Bond Sale^-The $45,000 school
First
Securities Corp., of Durham, and building bonds offered Aug. 24—
Byrne & Phelps, Inc., of New v. 168, p. 793—were awarded to
York,, at a price of 100.027, a net J. Lee Peeler & Co., of Durham,
Interest cost of about 2.55%, on and the Vance Securities Corp. of
follows:
Aug.
$89,000
County (P. O.
Toledo), Ohio
Fargo School' District, N. Dak.
/ Bond
for sale
as
Sale—The
Clackamas
•
awarded to the First Cleve¬
were
livery thereof will be made within
payable to the
order of the State Treasurer, must
accompany the bid.
'/ Bond
bonds / divided
Bond
offered
and accrued in¬
par
OREGON
Lorain, Ohio V.
Lucas
are
certified
Cabarrus County (P. O. Concord),
North Carolina '/:/;/■///://■
the
■y
/ NORTH DAKOTA
of Va or
on
Bidders
check
Sale—The $870,000 cou¬
pon school building bonds offered
to pay
terest.
to 1958 inclusive.
same
requested to name the 40 days after acceptance of bid in
for $4,900, payable to the order of interest rate or rates, not to ex* Fargo, or, at the purchaser's op¬
the Village, must accompany each ceed 6%, stated in multiples of tion, in Minneapolis, Chicago, or
y4 of 1%. Legal opinion to be fur¬ New York City, at the expense of
bid.
nished by Reed, Hoyt & Wash¬ the district. A certified or cash¬
NORTH CAROLINA
burn, of New York City. A $4,500 ier's check or bank draft for $40,Without
ing
Nov. 1 from 1949
on
a
lawful money in New York City.
of the
a
of New York
furnished
1956; $11,000, 1957 to
$14,000, 1960; $13,000,
1961; $11,000, 1962 and $3,000
1959:
follows:
lowest rate of interest and agree¬
'23/*--/V.. 168, p. 794 — were pur¬
the lowest net interest cost (total chased
by R, J. Edwards, Inc., of
1948. Due on March 1, as follows: interest less any premiums) will Oklahoma
City, and associates,
be deemed the most favorable.
$13,000 in 1950; $12,000, 1951; $6,according to the County/Clerk.
The
district
will
furnish
the No other bid was received for the
000, 1952 and 1953; $15,000, 1954;
$6,000, 1955 to 1957; $10,000, 1958 printed and executed bonds and bonds. Due from 1951 to 1962,
to 1965; and $15,000 in 1966 to the
approving legal opinion of inclusive.
1970. No option of prior payment; Dorsey, Colman, Barker, Scott &
Enid, Okla.
Barber; of Minneapolis, and de¬
Principal and interest payable in
single rate of
interest therefor. The approving
opinion of Vandewater, Sykes &
be
1948 and due
follows:
Aug. 31, by W. E. EastSecretary of the Local
Government Commission, at his
office in Raleigh, for the purchase
of
$225,000 coupon public im¬
provement bonds. Interest rate is
not to exceed 6%, payable M-S.
Denom. $1,000^
Dated Sept. 1,
Co., Lynbrook, New York.
bonds and state
Offering
be
(EST)
June erling,
bid must be
as
4,000,
the
Raleigh, N. C.
i
1948. Due on
follows: $24,285 in 1949; $26,1950 and 1951; $28,000, 1952;
& Trust
1,
1,1948.
(M-S) payable in must accompany the bid.
in New York City.
approving opinion of Mitchell &
$18,Op0, 1953; $10,000, 1954 and
,1955^; $11,000,.' 1,956 and 1957, and
$8,000 in 195,8 to 1967, all-inclu¬
sive. Principal and interest pay*
able at the Peoples National Bank
Each
March
on
of¬
168, p. 394—
awarded to Ryan, Sutherland
& Co. of Toledo.
Dated July 1,
bonds.
v
bonds
sewer
25—v.
.
"Denom. $1,000, except bond No. 1
in
the
.denomination, of
$285.
Dated June 1,
Due
,
Aug.
were
!
J-D,
payable
refunding' school
assessment
fered
$580,000 not to
bonds, divided
$395,000 water works
system bonds; $125,000 swimming
pool bonds, and $60,000 sewer sys¬
tem bonds.
The bonds, authorized
at an election on Aug. 10, will be
awarded to the bidder naming the
exceed 3% interest
as
Pacific
:
multiple of
cial
for the purchase of
,
or regis- order of the State
*tered public improvement bonds ; North Carolina.
bf 1948. Interest rate is not to ex¬
a
Offering—Harry DeVinna,
bonds.;: Due
chase of $244,285 coupon
5%", stated in
Okmulgee, Okla.
Bond
Portland, according to the Dis¬
trict Clerk. Dated Aug. 1, 1948.
Due on Feb. 1, in 1950 to 1952.
Runner-up in the bidding was the
Pershing, of New York City, will
be. furnished the purchaser. Bids
Bond Offering—Sealed bids will must be on a form to, be furnished
be received until 3.30 p.m. (DST) by the above Secretary and, must
on Aug. 31, by Fred A. Clemenz,
be
accompanied by a certified
Village Treasurer, for the pur¬ check for $1,300, payable to the
ceed
59
Commissioner of Finance, will re¬
ceived sealed bids until Aug. 31
on .March 1, as
30,000 storm and sanitary sewer
Denomination^, $1,000.
Dated
$1,000
in
I960 to Sept. 1, 1948.
Interest rate is not /
improvement bonds.' Due on
1968; $3,000, 1969 to 1974, $7,- to exceed 6%, payable M-S.
Nov. 1 from 1949 to 1958 in¬
/// 000 in 1975 and 1976.
A separate bid for each issue
clusive.
;Z •-y/', : /
,// /
30,000 general refunding bonds. (not less than par and accrued in¬
.9,000 sanitary sewer bonds." Due
Due on March 1, as follows:
terest), is required.
Bidders are /
on Nov. 1 from 1949 to 1957
$1,000 in 1966 to 1968; $2,000, to specify the rate of interest in
inclusive.
.•-,;/ --/vv'y- //
1969 to 1974; $7,000, 1975, and
multiples of Ai of 1 %. Bids are to
All of the bonds are dated Sept.
$8,000 in 1976.
be on a form to be furnished by
The $27,500 cemetery im¬
A separate bid for each issue the above named Secretary. The 1,1948.
provement bonds, due on Nov. 1,
| (nof less than par and accrued in¬ approving opinion of Masslich & 1950 to 1959 inclusive, and the
terest) is required.
Interest rate •Mitchell; of New York, will be
sewer
equipment bonds,
is jiot to exceed 6%, stated in fiirnished the purchaser. A certi¬ $7,500
due Nov. 1 from 1949 to 1953 in¬
multiples of y4 of 1%. Denom. $1,- fied check for $17,660, payable to
clusive, which were offered at the
000. Dated Sept.
Principal the order of the State Treasurer,
Trust
Valley Stream, N. Y.
81,000
on
*
>•*4-:or l/l0 of
(895)
follows:
•
Co., Buffalo, for 1.90s, at 100.136.
r
■■/././
^*',/
$35,000 water and light, refunding V;
on
.was
CHRONICLE
27,000 refunding road and bridge
;v-bonds. ; Due on March 1, as
;. ; follows: $3,000,
1956 to 1959;
>:
$14,000, 1960; $13,000, 1961;
.//; $11,000, 1962/and $6,000 in
1963/-
Sealed bids
—
following coupon bonds ag¬
gregating ; :$65,000://?
Dated
serially
///////'
of the;
Aug. 1, 1948.
Aug. 1, from 1949
to 1953 inclusive.
The next high¬
Due
C.
Aug. 31, by W. E. EastSecretary of the Local
Government Commission, at his
office in Raleigh, for the purchase
■
Aug. 20—
on
Offering
be- received
(EST)
erling,
694—were purchased by
p.
Lexington, N.
Bond
will
$145,000 water-
bonds offered
168,
v.
,
be
;
Webb
.'V ' (p> O. Old Forge), N. Y.
fur¬
by the above Secretary and
accompanied by a certi¬
fied check for $300, payable to the
order, of the State Treasurer.
must
1977^/>V
Bids
nished
composed of the Marine
group
FINANCIAL
•
school building bonds offered Aug.
Blair
&
of less than par and accrued $690,000 school
building, Series A ! were awarded to Halsey, Stuart &
interest, or for less than all of
bonds.
Due on March 1, as
Co. of Chicago, as 2V2S, at a price
the
bonds,, will be entertained.
follows:
$14,000,
1951
to of 101.916, abasis of about 2.263%.
Denom.
$1,000.: Dated
Sept. ' 1,
1955; $16,000, 1956 to 1961; Dated Oct. 1, 1948 and due serial1948. Due on March 1, as follows:
$31,000,
1962;
$31,000, 1963 ly on Oct. 1 from 1950 to 1974
$2,000 in 1951 to 1953; $5,000, 1954,
and $33,000 in 1964 to 1977.
inclusive.
Second
high bid of
and $4,000 in 1955. Principal and
2y2S *was made
by
59,000 school building, Series B 101.70 for
interest, (M-S) payable in New
bonds.
Due on March 1, as Sweeney, Cartwright & Co.
York City in legal tender.
The
follows: $10,000 in 1950; $1,Lima, Ohio
approving opinion of Mitchell &
;
000,
1951
to
1955;
$2,000,
Bond Sale—The $49,175.82 spe¬
i-ershing, of New York City, will
1956 to
(P. O.
Y.
N.
COMMERCIAL
bid
Central
1
The
—
THE
improvement
bonds
offered
i
.•
i',1"'' i,:;'i"
M'
'!,1J
168,
18—v.
Aug.
695—was
p.
awarded to the Farmers National
7.30 p.m.
(CST)
;.
!■
Sept. 3 for the
on
y
j'.
■
COMMERCIAL
THE
(896)
6#
York City.
Bank of Bucks County, of Bristol,
must be in
IVss.
Dated Aug. 15, 1948 and
due $30,000 on Aug. 15 in 1949
and 1950.
Y'Y
::
Dated
with not
Denomination $1,000.
Due Aug, 1,
as follows: $10,000 in 1950 to 1959,
Little Britain
Township Sch. Dist.
(P. O. Nottingham),; Pai
Sale —-The $23,000 con¬
Bond
equipment bonds
offered Aug. 25—v. 168, p. 795
were awarded to Graham, Parsons
& Co. of New York, as 2%s, at
a price of 101.49, a basis of about
2.47%.
Dated Sept. 1, 1948 and
due on Sept.' Lfrom 1949 to 1968
inclusive. Bonds maturing on or
after 1964 are callable on Sept. 1,
1950, or on any subsequent in¬
terest payment date, at par and
accrued interest. Second high bid
struction
and
for
100.92
of
2%s
made
was
by
Aspden, Robinson & Co.
Aug. 1, 1948. Interest F-A,
$15,000 in 1960 to 1964, $20,000 in
1965 and
1966, and $25,000 in 1967
Each bid shall specify in a mul¬
tiple of % or 1/10 of 1%, a single
rate of interest for all the bonds.
No bid for less than
crued interest
or
par
and ac¬
for less than all
of the bonds will be
J
1
■
FINANCIAL
apply to the entire issue, provided
rate be named for any one matur¬
ity. The bonds are being issued
subject to the approving opinion
of Chapman & Cutler, of Chicago,
which opinion together with the
printed bonds will be furnished to
bidder
successful
the
at
the
Dated
Sept, 1, 1948. Due serially
Sept. 1, from 1949 to 1973 incl.
Mount Union, Pa.
Offering—Melvin H.
Bond
Di-
accepted, and
pense
check
complying with the terms of
the notice of sale and offering to
&
premium, provided, if two or
more bidders offer to purchase the
to
bonds at the same lowest rate of
interest, then such award will be
made to the bidder offering the
Sch.
be made by the Dis¬
expense of the suc¬
cessful bidder at any bank or trust
company
as
may
be mutually
agreed upon. Enclose a certified
or cashier's check for $7,500, pay¬
able to the District.
livery will
trict
the
at
8
,
able in
inverse numerical
and
order,
interest, on
Sept. 1, 1963 or on any subsequent
interest
payment date. Second
high bid of 100.303 for 2y4S was
/
par
accrued
macje by Butcher & Sherrerd.
Scranton
Sch,
Dist.,
^
Pa.
Bond
Sale—The $368,000 gen¬
obligation refunding bonds
offered Aug. 24—v. 168, p. 595—
were awarded to Halsey,
Stuart
& Co. and Arthurs, Lestrange &
Klima of Pittsburgh, jointly, as
2%s, at a price of 100.239, a basis
of about 2.574%.
Dated Aug. 15,
1948 and due on Aug. 15 from 1949
to 1958 inclusive.
Second high
bid of 100.239 for 2%s was made
by a group composed of E. H.
Rollins & Sons, Blair & Co., A.
'
eral
■A*
Webster
Dougherty & Co., Dol¬
phin & Co., and Butcher & SherTerd.
'r; -;4
.
.
(Seventeenth
loan
Series)
notes offered for sale
on Aug. 17
168, p. 696—were awarded to
the Bessemer Trust Co. of Jersey
—v.
City, at 1.10% , plus a premium of
Dated Sept.
Feb. 11, 1949.
$11.
on
1948.
Due
-V
(
.
SOUTH DAKOTA
V»
^
7,
Pierre
C':':
Indep. School District,
'
"r
Bond
—
T.
Bliss,
H.
Clerk of the Board of
bids
sealed
until
1968.
ENAMEL
Bidders
-
to
the
name
ad
valorem
taxes
levied
on
all
able*
on
the outstanding
Company,
September 20, 1948,
holders of record
Aagwt 24,1948
to
pay-
share-
September 4,1948.
W, WALLACE, Treasurer
on
be
in
multiples of
of 1%. Alternate proposals will
be considered with five-year op¬
tion of redemption. All bids must
submitted
3e
blanks.
bid
uniform
on
The District will furnish
the
obtain
a
v
j
,
Brown
County (P. O.
Green Bay), Wis.
Bond
Sale—The
$125,000 2%
airport
administration
building and appurtenance bonds
series "O," offered on Aug. 25—
v.
163, p. 696—were awarded at
public auction to Robert W. Baird
public
.
der.
V
„•
Texas
t
,
WYOMING
-
Yf
City, Texas
No Bids Received—No bids were
received
for
ming pool
on
*
the
'.v;
r.
•'
8 p.m.
Town
.'/.V* \ v. V-'
"Y'
(MST), on Sept. 7, by the
Clerk, for the purchase of
$60,000
Waco, Texas
Bonds
1
Offering—It is reported
bids will be received until
that
bonds offered
Aug. 18 —-.v. 168, p. 596.
"
Douglas, Wyo.
Bond
$100,000 swim¬
revenue
.
general obligation
sewer
bonds. Dated May 1, 1948.
Voted—The
City Secre¬
tary/states that at the election
held on Aug. 17, the voters ap¬
proved the issuance of $1,200,000
Laramie
;
County (P.
Cheyenne), Wyo.
O.
YY
.
Y;
ion of some
May 6, 1949.
;
\
Gilmer Independent Sch.
Texas
*
>
clusive. All of the bonds
Bond Sale—The $130,000
house bonds offered
on
urer.
Williamson
:
Bond
'
County (P.
Franklin), Tenn.
Offering
school
at
11
a.m.
O.
'
on
issue of $350,000 not to
3
%
interest
school
an
numerical order, at the op¬
of
the. County, on "June
offered without
Jim
success on
1950
to
maining
1969
inclusive.
bonds
were
The
not
serially on July 1, from 1949 to
1958 inclusive.
re¬
,
re-of¬
fered.
YjYY
<;
Bond Sale—The $130 000
Housing' Authority, Wash.
Note Sale—The following tem¬
Seattle
issue of $300,-
1,
1953, or on any interest payment
date thereafter prior to maturity
at a price of par, and accrued in¬
terest to date of redemption, Prin¬
cipal and interest (J-P) .payable
loan notes aggregating
$1,393,000, offered for sale on Aug.
17—v. 168, p. 696—were awarded
ing to the Secretary of the Board
of Trustees.
Dated Oct, 1, 1948,
Due from Oct. 1, 1949 to 1968;
City, at 1.08%, plus a total
opitional on Oct. 1, 1960.
Bospremium of $15; $599,000 Nine¬
worth, Sullivan & Co., was run¬
City Secretary, announces the call teenth Series and $794,000 Twen¬
ner-up in the bidding.
for payment on Oct. 1, 1948, at the tieth Series notes.
Dated Sept. 7,
Washakie County School District
City Treasurer's office, of $50,000 1948. Due on Feb. 25, 1949. ■
4%
street
No. 6 (P. O. Worland), Wyo,
improvement honds,
Washington Toll Bridge Authority,
dated Oct. 1, 1938, Nos. 1 to 50,
Bond Sale—The $125,000 build¬
; r ' Wash.
and bonds may also be presented
May Issue Bonds — Announce¬ ing bonds offered Aug. 24—v. 168,
for payment at the American Na¬
ment was made Aug. 17 of the p. 596—were awarded to the State,
tional Bank, Austin.
:1
as 2^s, at a price of par.
Dated
signing of an agreement whereby
San Antonio Indep. Sch. Dist.,
the State is to purchase, at a price Sept. 1, 1943 and due on Sept. I
from 1950 to 1963 inclusive. Sec¬
Texas
of
$5,975,000, the Puget Sound
ond high bid of 100,10 for 2%st
Bond Offering—Bailey Peyton, Navigation Company's ferries and
terminals used in intrastate traf¬ was made by a group composed of
Business Manager, will
receive
sealed bids until 11 a-.'m. (CST) on fic
Subject to approval of the Coughlin & Co.. Stock Growers
National Bank, Cheyenne, Farm¬
Sept. 22 for the purchase of $275,- company's stockholders, the purers State Bank of Worland, and
,000 first mortgage stadium-gym¬ chase will be financed by an issue
Growers
State Bank of
nasium revenue bonds. Due serial¬ | of $8,500,000 revenue bonds to be Stock
'
•••'Y-;;Y;.v
»
sold by the' Bridge Authority, the Worland.
ly 4u-frcm; i: tb^O, ,ye^s%
Bond
Call.—James
T.
sey
Alders,
.
^
■■■'■
''
"
.
>
yyyy.-
Y'i;/j'
'.
I'""'.' J.1:
I
build¬
ing bonds offered for sale on Aug,
17—v. 168, p. 496—-were awarded
to the State of Wyoming, accord¬
porary
000 road improvement bonds was
School District (P. O.
Worland), Wyo.
WASHINGTON
O.
High
Washakie County, County
Jan. 9.
Hogg County (P.
Hebronville), Texas
Bonds Sold—An
of
Co.
Nacogdoches, Texas
bonds. Dated June 1,1948. Denom.
$1,000. Due on June 1, as follows:
tion
696—were purchased by
Investment
dated
made at
to the Bessemer Trust Co. of Jer¬
Jerre
(CDST)
p.
Central
are
$250,000 build¬
ing bonds offered on Aug. 17—
v. 168, p. 496—were purchased by
the Rock Springs National Bank,
of Rock Springs, the only bidder,
as
2s. Dated July 1,
1947. Due
Sept. 1, 1948 and re-offering was
prices to yield from 1.20%
to 2.85% for bonds maturing from
Aug. 17—
purchased recently by Robert McIntyre & Co., of San Antonio. >
Fly,
County Judge, will sell at public
—
168,
the
Bond Sale—The
on Sept. 1 from 1950 to 1962
inclusive, and $3,350,000 2%s, due
on Sept.
1 from 1963 to 1984 in¬
due
Dist.,
Texas, of Dallas, at a net interest
cost of 3.29%. These are the bonds
verse
share
stock of the
must
ject to the favorable legal opinion
of Chapman & Cutler of Chicago,
which opmion together with the
printed bonds ' will be supplied
without expense to the purchaser.
Enclose a certified check for $1,500, payable to the Town Treas¬
($35)
per
named
to
urer's office, or at the district's
depositary, the National Bank of
Commerce, Houston, at holder's & Co.E of Milwaukee, at a price
option. A certified check for 2% of 102.096, a basis of about 1.614%.
of the bid is required.
Legality Dated Oct. 1, 1948 and due on Oct.
approved by Knipp & Broady, of 1 from 1949 to 1958 inclusive. The
Houston; and the school board will Milwaukee Co., of Milwaukee, was
also furnish, if .desired, approving second
high
bidder,
offering
opinion 7 of
Eastern v attorneys 102.092. /,
,
- .
'
agreed on with the successful bid¬
near¬
v.
Enamel Corporation has this day de¬
a Dividend of
thirty-five cents
common
rates with their bid which is
failure
WISCONSIN
alternate bids
•
Principal
and
interest
(A-O) payable at the State Treas¬
of
taxable- property in said Town.
Said bonds are being issued sub¬
$20,000 from 1952 to 1955; $25,000
from 1957 to 1960; $25,000 from
1962 to 1987, and $20,000 in 1968.
Bonds maturing on and after June
1, 1954, shall be callable in in¬
OH I O
The Board of Directors of the Ferro
clared
■,
combination
or
est par and accrued interest. Any
rate
or
combination
of
rates
multiples of
of 1% and must be the same for
the entire issue.
Principal and
interest payable from unlimited
Sept. 8
CORPORATION
CLEVELAND,
the rate
par
its
_
exceed
"
interest.
of
—
auction
DIVIDEND NOTICE
FERRO
of
than,
1965; $10,000
1967, and $11,000 in
,
Education,
will
receive
will
approximately,
and accrued
Bidders are required to
a
1964 and
and
,
S. Dak.
Offering
30% increase in rates.
in
1966
,
•
!
price
the
at
that
revenue
by the company last spring in the
wake
years.
rate of interest in
Charleston Housing Authority,; .
South Carolina
'
Note Sale—The $900,000 tempo¬
rary
bring
name
bonds
$1,500,000
printed bonds, a copy of the
Bond Offering—The Board
of
water revenue bonds.
proceedings, the approving opin¬
Commissioners will sell at public
recognized market at¬ Woodsboro Independent Sch. Dist., auction at 11 a.m. on Sept. 24, an
torney selected by the purchasers, y-:r'y..y
Y • Texas
Y' issue of $115,000 not to exceed 3%
and will deliver the bonds to the
Bonds
Voted—At an
election interest
hospital
bonds.
Dated
bank
designated
by
the
pur¬ held recently the voters approved
Oct. 1, 1948.
Denomination $1,chasers
without
cost
to
them. the issuance of
0C0. Due Oct. 1, as follows: $14,$250,000 school
It
is; anticipated
that
deliv¬ building improvement bonds.
.Y 000 from 1949 to 1953, mcl., and
ery can
be efected in approx¬
$15,000 from 1954 to 1956, incl.
VIRGINIA
Celina, Tenn, .;.
imately 60 days. Enclose a certi¬
Principal and interest payable at
the County Treasurer's office*. ABond Sale—The $10,000 street fied or cashier's check for $1,500,
certified check for $4,000, payable
improvement bonds offered Aug. payable to the district.
Bond Sale—The $5,250,000 cou¬
to order of the County Treasurer,
24—v. 168, p. 696—were awarded
Brownsville Housing Authority,
pon public improvement funding
is required.
County will furnish
to the Bank of Celina, the only
bonds offered Aug. 26—v. 168, p.
the executed bonds and the ap¬
bidder, as 4sf at par. Dated Aug.
Note Sale -— The $205,000 tem¬ 696—were awarded to a syndicate
proving legal opinion of Myles P.
1, 1948 and due on Aug. 1 from
composed of Phelps, Fenn & Co.,
porary loan notes offered for sale
Tallmadge, of Denver.
1949 to 1952 inclusive.
Callable
on
Aug. 17—v. 168, p. 696—were Glore, Forgan & Co., Shields &
beginning Feb. X, 1949.
Newcastle, Wyo.
awarded to the Bessemer Trust Co., F. S. Moseley & Co., Salomon
Bros. & Hutzler, and Hallgarten
Bond Sale Details—The $80,000
Co., of Jersey City, at 1.10%, plus
Sparta, Tenn* '
a premium of $4.
Dated Sept. 7, & Co., all of New York; ScOtt, water bonds awarded Aug. 9 to
Bond Offering — Ray Cowden,
Horner & Mason
of Lynchburg;
1948.
Due on Feb. 25, 1949.
Peters, Writer & Christensen, of
Town
Recorder,
will
receive
Hornblower & Weeks, First of
Denver, as previously noted in v.
sealed bids until 2 p.m. (CST) on
Brownivpody Housing Authority,
Michigan Corp., Reynolds & Co., 168, p. 696—were sold as 2% s, at
Texas
■;
Sept. 13 for the purchase of $75,and G. H. Walker & Co., all of
a price of 100.199, a basis of about
000 not to exceed
4%
interest
Note Sale
The $314,000 tem¬ New York; Mason-Hagan, Inc., of
2.69%. The bonds are dated June
school bonds. Dated July 1, 1948.
porary
loan
(Seventh
Series) Richmond; Thomas & Co., Pitts¬
1,1948 and mature on June 1 from
Denomination $1,000. Interest J-J. note offered for sale on
Aug. 17 burgh, C. F. Casell & Co., of Char¬ 1949 to 1958 inclusive.
Optional
Due July 1, as follows: $1,000 in
•v. 168, p. 696—were awarded to
lottesville, and Ferris & Co. of June 1, 1953.
■
1951, $2,000 in 1952 to 1958, $3,000 the Bessemer Trust Co., of Jersey Washington, D. C., at a price of
in 1959, $5,000 in 1960 to 1963,
City, at 1.14%, plus a premium of 100.18, a net interest cost of about Sweetwater County Sch. Dist. No. 4
$1,000 in 1964 to 1967, and $9,000 $8.
(P. O. Rock Springs), Wyo.
Dated Sept. 7, 1948.
Due oil 2.93%, as follows: $1,900,000 4s Y
in
SOUTH CAROLINA
V
to sell the
interest / cost
but not less
issue of
sult of the termination of service
1956 incl.;
be submitted on the basis of:
(1) with option in all bonds; (2)
no option;
(3) option after five
years,
and
(4) option after 10
p.m.
It is the intention of the Board of
lowest
coupon
1949 to 1951
by the bidder and
Dist.,
until
,
$9,000
Texas
Trustees
arate
may
bids
,
incl.; $6,000
1953; $7,000 from 1954
$8,000, 1957; $9,000,
1958; $6,000, 1959; $7,000 in 1960
and 1961; $8,000 in 1962 and 1963;
Offering—O. W. Winstead,
Superintendent of Schools, will
sealed
,
(
bonds to pay for the construction
of the Agate Pass Bridge, connect¬
the
1968. Rate of interest to be named
Indep.
i
to
Bond
receive
$150,000
j
,
in 1952 and
TEXAS
Dulce
for
11
■,
ing the northern end of Bainbridge Island with the mainland.
The ferries are now being oper¬
ated by various counties, as a re¬
in
Agua
Oct.
on
of
000 from
payable to the
County Trustee, is required. "
purchase the bonds at the lowest
rate of interest without reference
p.m.
purchase
for $7,000
der
8
school house bonds. Dated Oct. 1,
1948. Due Oct 1, as follows: $5,-
of the County, A certified
the bonds will be sold to the bid¬
Borough Secretary, will re¬
sealed bids until Sept. 14
for the purchase of $45,000 build¬
ing bonds.
The issue was orgiTENNESSEE
nally
scheduled for award on
Aug, 23, but the sale had to be
postponed because of an error in
Bond Sale Details — The $150,the maturity schedule.
v''"';
000 electric system revenue bonds
awarded Aug. 17 to a group head¬
Pottstown, ■ Pa. YYY-'Y u
Bond Sale—The $150,000 gen¬ ed by the Cumberland Securities
eral
obligation /- improvement Corp., of Nashville, at a price of
bonds offered Aug. 24—v. 168, p. par, a net interest cost of about
795—were awarded to W» H. New- 2.69%, as previously noted in v.
bold's Son & Co. of Philadelphia, 168*, p. 795, were sold as follows:
as
2^4s, at a price of 101.04, a $30,000 2%s, due on Aug. 1 in 1950
Basis of about 2.13%.
Dated Sept. and 1951; $45,000 2%s, due on
1, 1948 and due on Sept, 1 from Aug. 1 from 1952 to 1954 inclu¬
1949 to 1968 inclusive. Bonds ma¬ sive; and $75,000 as 2%s, due on
turing after Sept. 1, 1953 are call¬ Aug. 1 from 1955 to 1959 incl.
ven,
ceive
•at
until
ex¬
(CST) on Sept. 1 of $75,000 not
Township Sch, Dist, highest premium. The Board of
to exceed 4% interest school house
Education will provide at its ex¬
(P. O, Mt, Lebanon, Y
bonds. Interest M-S. Dated Sept.
pense for the approving opinion
Pittsburgh 16), Pa,
1, 1948. Due March 1, as follows:
Bond Sale—The $375,000 school of Chapman & Cutler of Chicago,
$2,000 in 1949 to 1956; $4,000 in
bonds offered on Aug. 19—v. 168, and all bids must be unconditional.
1957 to
1961; $5,000 in 1962 to
The District will supply the print¬
jp, 495—were purchased by Elmer
TL- Powell & Co., of Pittsburgh. ed bonds for signature and de¬ 1966, and $7,000 in 1967 and 1968.
v
Offering — Jack Wiggin,
Jr., Secretary of ' the Board of
Trustees, will receive sealed bids
however that not more than one
,f y
proceeds of which will cover the
purchase price and provide for
reserves and working capital. The
State itself, according to Governor
Mon C. Walgren, will well a sep¬
Bond
\
J1 n ;
'
Monday, August 30, 1948
Houston), Texas
than two rates to
more
,"W f; Y
J.
Spring Branch Indep. Sch. Dist.
(P. O. 9130 Long Point Road,
All interest rates bid
multiples of
of 1%,
Lebanon
Mt.
on
\'j'1.• p.fY
CHRONICLE
at the Chase National Bank, New
purchase of $240,000 not to ex¬
ceed 3 %
interest school bonds.
as
■'■■>■
f
,
&
4
:■'
."6
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