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MONDAY
BUS. ASM.
10 1942
AUG
library
Reg. T7. S. Pat. Office
Volume
Number 4827
170
New
York, N. Y., Monday, August 8, 1949
Price 75 Cents
Copy
a
General Corporation and Investment News
RAILROAD
PUBLIC UTILITY
-
INDUSTRIAL
-
INSURANCE
-
MISCELLANEOUS
-
'
Abraham & Straus, Inc.—Reduces
The
retiring
Capitalization-—
has reduced the number of shares of 4%% pre¬
19,000 to 11,000
and
the 4Va%
preferred stock
28,000 shares.—V. 169, p. 2309.
corporation
Mr.
by
from
from
from
Beasley
the' business.
said
other
to
30,000
Admiral
Corp.—Announces New Television Combina¬
^" -i i
'".V, r.r'-:
.'*■
tion—
A
.
television
new
combination
radio,
3-speed automatic
phonograph
console with a 12V2-in. TV tube, well under any comparable set, is this
corporation's newest
1949
contribution
to
home
entertainment
in
America, according to R. A. Graver, Vice-President in charge of Radio
and Television, Model 30F15 retails at $399.95. The corporation
also
announced the production of TV console model
24A125
with 10-in.
picture tube retailing at $249.95.
This model broadens the Admiral
line to provide a straight television console in the price bracket between
Admiral's Model 24A12 and its 24C15 series.
,/./ „i/,./
Rounding
nounced
view
direct
its
out
picture
of
line
production
consoles,
the
corporation
television
25A16
console,
with
to retail at $399.95.—V. 170, p. 393.
screen
Aeronca Aircraft
:
television
Model
of
an-»
for
each
Alliance
-
*
.
has
the
he
/;
share.
assets
health,
amount
accident
to
$45,000,000
and
group
The
into
purchase
eleven
added.—V.
of
mure
the
Chicago
states,
-
•
convertible
stock
at
June
at
$1.50
share
per
13,
(but exclusive of any fractional
shares,)
share of presently outstanding
stock
for purposes of conversion,
such preferred stock is now
stock.
In
,<
with
accordance
corporation,
share, issuable upon
by
reason
and stock.
«.
of
reduced
from
$5.29
price of the common
per share. Each
new
stock
at
$7.50
share
per
.
Amerada Petroleum
payable
exercise
on
1948
.
$463,755
140,243
The
stockholders-on
to
Beaunit
Republic
fourteen,
National
15,355
34,111
79,675
54,282
2,885,122
1,076,120
2,611,121
879,038
dividend
of
12y2
cents
per
total payments for
1
W. J.
Rose has been elected
f
Secretary to succeed Harold D. Anderson,
Mr. Rose became associated with the American Gas & Electric Service
Corp.—Completes Two New Wells
Corp., of New York in April, 1938.—V. 170, p. 393.
American Machine $ Foundry Co.—Gets Titan Rights
Aug.
1
Under
on
the
of
company's
New
Bem¬
a
preferred
stock.
American
Bemberg
tran: actions
ends
to
to
expected
thp
review
assets
of
stockholder
the
of
North
Court
of
Chancery
suit.
Rayon
of
Corp.;
Delaware
/
/'
<■
is
the
as
>
now
::.
of
weaving
been
is
-r
committee
of
American
directors
Express
and
Co.
as
and
members
principal
stock
which
owns
and
Union
holdings
over
of
99%
Securities
Albert
of
the
H.
of
in
Titan
6,000
the
to
18,00©
warp
nature of the yarn.
preparat.on
of
loom
a
for
-
.
machines, the
Sales
J
Automatic
of
the
Stitching Machine Division.
Tltah
,
stands^
line
has
,
development
of
other
advantages
to
the
marked
announced
to
the
trade
Inc.—j^lans New Service
of
and
General
Constellations
on
luxury sleeper lounge service
beginning Nov. 15. Harold R^
Manager, announced on Aug. 8.
this
mark
will
run
the
first
time
luxurious,
five-mile-a-minute, Lockheed-built airliners have
operated into Norway,
Sweden, and Denmark from the
The
corporation operates a connecting service linking
Helsinki, Fin¬
the line's Scandinavian service at Stockholm.
Constellations will replace the DC-4 Flagships with which AOA
inaugurated the first commercial airline service to Scandinavia in
with
1946.
/ An
Co.
don
165, p. 2921.
alternate
service
non-stop,
with
by AOA within the
1,842,538
of
products,',
The
Holding
Express
been
land
purchased
Amerex
American
irom
two
United States.
Ex¬
recently
Corp.,
Wiggin
shares
the
these Titan
equipment.
completing
offer
to
Vice-President
the
ever
the
American
The
of
be
advent
that
Co., Inc.
Corp..
—V.
elected
the
of
AMF's
stock
to
are
of
corporation will introduce a new
Scandinavia
with
Constellations,
The
<5orp.
been
and
on
facilitates
This
to
Brownlee O. Currey, President of
Equitable Securities
of Nash¬
ville,- Tcnn., and Joseph H,
King, President of Union Securities Corp.
have
consists
ties
depending
American Overseas Airlines,
>
Express Co.—Currey and King Directors—
York,
Corp.
new
machines,
textile industry.
by Edda and AMF when the
current field-testing has been
completed.—V. 170, p. 394.
<*
will
Harris,
New
made
were
International
.7
plans
to
These
a
...
of
Edda
•
machine
looms,
Indicator
parts
promise
one.
executive
former
textile
currently
which
purchased the majority thareholdings of American'Bemberg
American from the Office of Alien
Property last December
for
$17,111,126.
The government agency
acquired the properties in
August, 1947, in accordance with Trading with the
Enemy Act—-V, 17O,
American
Arrangements
.
process.
assigned
Titan
.
The
Heald
and
exclusive selling
manufactured by
machinery
'
on
present
accessories,
'■y Beaunit
and, North
page
textile
machinery line currently
Automatic Warp-Tying Machine
hour
AMF's
subject
result
to
textile
Automatic
the
be
American
announced it has obtained
1
States,
•
Indicator.
an
The
complete by about Aug. 10,
to a spokesman for Beaunit Mills, Inc.
This company is
weaver of
popular-priced' rayon fabrics. Beaunit's plan to
according
mainly a
acquire
are
Aug.
on
United
,
■.
Titan
Heald
be
will
of
Beaunit preferred for each share,of their holdings.
Holders of American
Bemberg preferred.will have their stock redeemed.
These
York.
the
convertible
the
Titan's
proposal, the assets of American Bemberg will be ex¬
share-for-share basis for a new issue of $1.25 dividend
share
one
sale
in
Titan,
Ltd.
of
Copenhagen.
Denmark.
through Titan's American representative,
'
'•
the
changed
given
the
approved
company
rights
by
double-deck
connections
near
to
future.—V.
Stratocruiser
Scandinavia,
Flagship to Lon¬
be inaugurated
will
170, p. 102.
♦17,170
2,483,599
extra
an
American Gas.& Electric Co.—New Secretary—
Beasley
Mr.
Mills, Inc. and the dissolution of the American
Equitable Securities
$275,164
declared
31
■;'
•
brings
of
Aug.
tions of 12 V2 cents each were
made, which brought
the year up to 87'/a cents per share.—V.
163, p. 145.
premium income from
more than $7,000,000,
/<' ::
have
regular quarterly dividend of 12 Vi cents per share, both
to stockholders of record Aug. 20, 1949. An extra of
like amount was paid on March
1, last. In 1948, three extra distribu¬
payable
-
berg Corp.
the
$418,496
115,941
a
total
a
is
directors
share and the
This
press
1946
1947
80,886
railway—— >
railway
—A
oper. income
American Forging & Socket Co.—Extra Dividend—
The
corporation in July was reported to have made a major oil
discovery in Lea County, New Mexico, with the completion of two new
oil wells.—V. 169, p. 2093.
per
warrant to purchase one
now
entitles the holder
$378,834
from
from
ry.
$4.65
RR.—Earnings—
1949
Net
to
shares at $4.65 per share.—V. 169, p. 2525.
1.61
Akron Canton & Youngstown
Net
share
per
stock
$4.65
is
common
June—
Gross
;
the
been
thereof to purchase
.
share,
per
■
warrants
said
share
$10
of the issue of the above mentioned promissory notes
.'•/':■■ 1\
/
''
the
Therefore,
of
has
warrants
chase
share
of
convertible into 2.15 shares
provisions of the stock purchase warrants
the price of its common stock, par value $1 per
exercise of its issued and outstanding stock pur¬
this
of
value
a
of
of common
convertible preferred
cumulative
having,
share
each
1926.
The
and
said 33,329 shares arc,
accordingly, deemed to be issued for an ag¬
gregate consideration of $49,993.50. Further, as of July 21, 1949. the
corporation issued 26,000 shares of its common stock for the sum of
$1.50 per share, or for a total consideration of $39,000./.>
Each
in
recently retired.
cumulative
*
1949, issued $50,000 promissory notes,
the option of the holder into 33,329 shares of common
on
*/'.
company
matting
168, p. 2317.
and
policies
'//
*
corporation,
Life
share.
°dded.
assets
price of the company's common stock, par value $1
issuable upon conversion of issued and outstanding cumula¬
tive convertible preferred shares, has been reduced from $5.29 per share
This
Alliance
employees were being absorbed
will provide a distribution of
price
American Bemberg Corp.—Sale and Dissolution Voted
conversion
to $4.65 per
Total
life,
Life
sale
reinsuring of Alliance Life business, Republic National
than $275,000,000 of life insurance in
force, Mr. Beasley
more
said.
share,
per
organized
and
the
$6
The
16-in,
.//v;://'-;.
v::
They
officers
National.
Corp.—Conversion Price Changed-—
Stock and Notes Issued—
.The
Republic
With
stock
ferred
*
From Jan. 1—
from
Gross
Net
from
Net
railway—
672,744
income
oper.
ry.
American Power & Light Co.
//■;
railway
♦Deficit.—V.
170,
"
;>
544,971
317,652
In
64,406
434,140
.
.'.t
283,450
This Issue
Operating
(& Subs.)
1949—3 Mos.- -1948
Subsidiaries—
1.
p.
Period End. May 31—
$
/"•/,;
$
-Earnings—
1949- -12 Mos.—1948
$
$
47,863,726
44,965,153
190,476,229
168,975,144
21,907,539
20,965,695
93,518,059
80,143,339
5,294,725
4,739,334
18,914,150
15,935,086
1,057,385
revenues
971,354
4,097,896
3,591,161
3,748,045
15,474,446
14,258,743
Operating expenses, excl.
Alabama
Southern
Great
Net
ry.
.
$1,240,122
272,584 :
426,851
173,713
153.343
53,308
191,884
52,306
37,759
8.068,582
£,877,588
7,850,640
6,955,470
1,771,613
2,304,804
1,518,133
772,615
income..,
776,261
1,167,614
693,411
142,821
railway......
from
ry.
oper.
170,
Airlines, Inc.—Earnings Show Improvement—
8 Months Ended June 30—
Net
profit-;
Earnings
after
charges
'.
and
/v,
1949
;
The
company
months
of
the
also
reported
fiscal
1949
that
year
period last year.
Raymond W.
he
next
expected
the
*
loss
Mr.
in
four months
last
its
the
four
nautics
retroactive
Board
last
85%
be
even
year,
that
pay
to
Dec.
announced
its
31,
has
1946,
retroactive
the
of
eight
like
board, said
successful. 1 In
had erased
company
the
,./.;■/ /
•
the
of
more
the
net profit for
this corporation
"
first
the
ahead
Chairman
a
mail
spring
to
for
revenues
about
fiscal
1948
showed
Marshall announced
additional
months
the
of
completely and
its
ran
Nil
•/'//!• ••V/v//7.s/v
•'
Marshall,
♦$250,366
$0.38
"
.>
.
//♦Net loss.///''''/v/.'''./?":.'.
1943
$230,000
(est.)
taxes
share
per
year
of
$152,438.
received $750,000
The
Civil
Aero¬
mail
pay
award
to the airline of $485,089, of which $70,000 was paid
immediately.
The latest receipt includes the difference of $415,039. Mr. Marshall said
$232,000 of the amount received'will be used to retire a Reconstruc¬
tion
Finance
"
Mr.
exceed
Corp.
Marshall
/,'://•'./
Stock Exchange (Stocks)
New York Stock Exchange (Bonds)
'
loan.
further
$1,500,000.—V.
stated
169,"p.
that
1329.
.
•./..../
additional
./.••.•,:•
Claims
for
mail
pay
York
Boston
direct
Curb
Louis
Stock
Stock
Montreal
Curb
Toronto
Stock
Exchange
Exchange-
Exchange
Section
Stock
and
Bond
Averages
The
corporation
holdings
of
14,174
it
was
shares
announced
of
Seaboard
August 1, has sold its entire
convertible, preferred stock of the
understood
that
these
shares
were
5%
Air
Line
Ry.
It is
purchased by the Union Securities Corp. and that they have been
placed privately.
t
On July 29
Alleghany sold 100,000 shares of the common stock of
the Chesapeake & Ohio bringing its
holdings of that stock to about
.428,000 shares.—V. 170, p. 193.
>26
/
The sale of this company, to the Republic National Life Insurance
Co.»,Dallas, Texas, for $3,600,000 has been announced by Theodore P.
Beasley, President of the latter firm,
who
said
an
arrangement
Miscellaneous Features
earned
for
the
reinsurance of Alliance life business by the Dallas
company
approved by 'the/Illinois insurance director and the chair¬
the Texas commission.
The controlling stockholders of
the Alliance company. M. A. Kern,
President, and his brother, L. D. Kern, Secjetary-Treasurer, are
had
man
Federal
been
Auction
of
Capital
Reserve
System
Sales
Flotations
for
July
taxes
6,776,512
25,556,926
24,212,146
of
6,771,098
6,776,512
36.750
♦22.597
38,634
6,813,262
25,534,329
24,250,788
74,920
482,199
362,076
195.053
209,^'55
772.306
761,725
6,538,303
—
carried
earned
dividend
or
6,528,987
25,556,926
24,212,146
~
to
surp.
requirements applicable
to
"
24,279,824
23,126,979
respective periods
whether
unearned.-
>46
Edward D. Jones & Co.
'
J-
.v
■
3.
Established 1871
300 North 4th St.. St. Louis 2, Missouri
Members
..46
:
233,222
6,771,098
subs._
37,726
New York Stock Exchange
>—46
_—„>
24,445,368
924.886
—_—
-46
Statement of Member Banks of
26,481,812
126,823
5,057,985
St. Louis Listed and Unlisted Securities
Redemption Calls and Sinking Fund Notices_46
Dividends Declared and Payable
>46
Condition
of
Total
♦Full
Banks
6,903,335
263.001
■
6,771,098
income
Income
General Corporation & Investment News—Cover
State and City Bond Offerings
53
The Course of Bank Clearings—
>45
Reserve
686,498
31,699,311
5,217,499
29,503,353
1,233,582
7,034,099
income
Balance
/-
350,326
8,196,917
Expenses
National Quotation Industrial Stock Averages .35
Exchange Rates
Combined Condition Statement of Federal
30,189,851
1,336,981
res.__;
equity in income
Other
35
Foreign
Alliance Life Insurance Co., Chicago—Sale—
32,049,637
57,209
8,371,080
surp,
subsidiaries (as above)
26
'
Alleghany Corp.—Sells Rail Shares—
2,235,413
8,254,126
Cr89,776
—
to
consol.
>
10,847,569
2,272,504
American Power & Light Co.—
Net
44
(Dow-Jones)
11,318,368
572,667
equity of company
in
>43
Transactions New York Stock Exchange.—
Transactions New York Curb Exchange
2,625,279
554,049
>>.»41
Toronto Stock Exchange—Curb
Over-the-Counter Markets
43,272,833
3,015,658
—
—
Net
45,640,509
etc.,
(net)
plant acqui¬
adjustments
Balance
40
_.
182,709
11,452,072
of
Portion applic. to minor.
Interests
40
„
11,956,691
43,090,124
429,221
8,281,304
public,
deductions
Balance
39
13,260,390
45,211,288
36,188
11,851,011
♦Pfd. dividends to public
>38
Exchange
3,124,841
11,415,884
34,096
(net)
Balance
>38
3,560.782
11,816,915
appropr.—
revenues
to
Transfer
—>38
>»
Exchange
Francisco Stock
Montreal
Exchange
»
and
income
sition
—37
„
res.
Amortiz.
37
Philadelphia-Baltimore Stock
Pittsburgh Stock Exchange
San
/
4,226,380
retirem't
income
Gross
taxestaxes
__—
oper.
Interest
>>37
Los Angeles Stock Exchange—..—
Net
Other
>>36
k
___
depl.
V
•
36
Detroit Stock Exchange
St.
Property
36
Cincinnati Stock Exchange—>^
Cleveland Stock Exchange—.
taxes
-
31
>,_
Federal
Other
>26
Exchange
Stock
income
Other
15
-
ExchangeChicago Stock Exchange
taxes
Federal
Page
;,//
.
New York
New
1.
p.
Alaska
7
income—
January 1—
Net
•
$1,297,372
.
from
Net
—V.
;
$1,495,372
oper.
From
Gross
1946
$1,165,717
railway
Stock and Bond Quotations
■
1947
1948
railway.—.
railway.
from
Net
RR—Earnings—
1949
JuneGross from
„
St.
Louis Stock
Chicago Stock Exch.
New
York Curb
Exchange
Chicago ha. of Trad#
Exchange
Associate
-
Phono
OEntral 1800
Bell Teletype
SL 599
^
2
amounted
23,840,000 kwh., or 10.45%, over the
this
of
—V.
company
170,
'/;.>/
July 21
On
Detroit.—V.
/ y"
railway-—
June—
from
Gross
Net
Net.
ry.
income—
oper.
1,746
,
,
1947
$484,283
59,123
46,226
9,641
..
railway—3,768,076
railway——629,755
Net
from
ry.
232,637
int.
'
740,408
316,613
292,555
ry.
Net
$
6,203,310
income
—V.
$
-
$
5,749,655
income
40,937 ;
railway——
from
1948
1947
$211,256
$142,039
Net
from-railway—„„
Net
ry.
137,909
126,662
560,401
"761,894
1,486,604
1,469,907
8,976,762
—
942,613
319,7.77
railway——
railway——ii;
from
from
Net
Net
tax
Railway
5,168,977
170, p. 2.
,
423,583
516,318
39,683
947,229
704,656
392.460
202.569
692,244
707,141
5,059,823
Net
*$39,378
.
27,549
.
35,896
(net);
1,600,532
ry.
♦Loss.—V,
$323,270
$324,365
income—
♦7,096
15,705
,
from
Net
38,363
*
21,776
The
2,304,998
443,383
1,075.762
1,889,102
208,028
96,623
May
105,369
*48,063
33,838
60
'
V
*$103
Operating revenue*——-
Operating-' expends-.*—
TaxOi
-
50,104
.
facility
$1,889,942
7,495
17,516
-
$1,897,437
46,658
289,480
278,459
.
319,513
1,436,423
share.
this
this
far
So
and
July
on
on
at
15
Miscrii.'
$4,373,928
—
income
452,359
2,704,390
3,267,455
4,217
21,741
25,633
170,
p.
325,713
2,087,801
1,962,067
$554,353
*$233,372
1
$6,914,002
$4,968,776
.
815,616
$0.16
midnight July 31 the Atlantic St Danville became an oper¬
Southern
not
to
operated
had
Ry.
renew
the lease, which
■
_
:
V.
,/;":
109, p. 2634.
.
"
.
'
"
■
given
last
V.
in
charge of
—V.
169,
Fischer," who
289,967
232,416
27,451
208,710
*110,233
.,'106,713
"vv
the production
corporation
division, has been made
2310.
p.
•
170,
railway
oper.
267,103
The
line
corporation's
of
tribution
the
in
Series
G
line,
the
gasoline •
markets,—V. 169, p,
service
Net
the
4,797,343
2,178,273
1,176,035
5,410,261
2,245,534
1,058,922
engine
2310,
clutches
ry.
oper.
unit
this
•"?
•
.
2,530,583
...
.
Automotive Parts Co., Columbus,
dis¬
and
.
•
>•
The
for
company
July 25 filed
on
letter
a
of
*
notification
with
the SEC
4>/a%
sinking fund debentures due 1964. Underwriters;
Co., Columbus, Ohio.
Proceeds will be used to pay notes,
acquire additional fixed assets working capital.—V. 165, p, 2130.■
Ohio
'i
•
,
' t'
-t
i/
■
•
'•
,•
-
1
••' •'
'■•
/'"■■ '•
. -,
•
Baltimore Transit Co. (& Subs.)—Earnings
.
(Including Baltimore Coach Co.)
-
Period End. May 31—
miles —
Revenue
Revenue
1949
$304,731
*"•'
Operating
Oper.
___
revenues
exps.
&
deprec._i.
Taxes
.
\
v;-
,
•
*.
3,400,725
*20,878,823
8,788,581
9,229,271
,17,194,704
$1.42
since
Gross
Int.
Net
Income
1946
$1,514,961
566,103
.
710,019
series
3,421,401
4,016^558
3,753,387
*721,102
2,501,345
3,298,525
3,218,710
364,508
elected Vice-President
been
has
•'
r>#
shares
1,799,050
9,420.229
filed
of
Co.
has been
of
company
formerly
He
Montgomerv,
$10
its
of
for redemption on Sept. 30, next,
value-- 5%
convertible preferred stock.;
16,660 shares.
It is said that for the
par
outstanding
leave
months
•
of
Cotton
Chairman
Mills
Co.
division
Brothers
of
the
Board.—
Dealings
dealings
922,974
stock
bonds
the
due
sale
Inc.
named
as
company
competitive
at
1979.
Francisco)
and
Aug.
SEC—,
with
26
public
the
The
par).
July
on
proposing
($20
bidding
offering
t#71,518
$277,906
t$362,886
4,316
4,561
19,575
21,636
Corp.—V.
55,671
drop
Last
forgings^and
the
May
(San
the principal
presently
of
during
.
has
and
notes
program.
Maintenance
Boston
First
,t239,802
248,573
t$129,746
$2,008
'
for
to
finance
in
This program .involves
the four
years
of
$9,000,000
part
the
estimated
company's
con¬
expenditures
of
.J;
-
;* •"
."//■-■
•
.1948
$4,921,715
2,399,754
368,597
income
328,8(3
567,230
J
.1
■;
1949
___■»_!
$5,692,375
2,749,950
,
(net)
exps.
452,024
434,601
457.674
Z
Federal income tax
1
/
-
279,7^i$
f# 297,821
i.«1
Net
operating
4.127
This
first
-
Balance
1
revenue
i
$1,251,102
-
income
•_
before" deductions—:
i $1,263,382
-,VV- 495,152
Deductions:
1"
mil
1.■!*»■"
I
ROTE:
Commercial
and
Financial
Chronicle
(Reg.
U.
S:
I
170,
(& Subs.)
Bristol-Myers Co.
:;•■ Net income
$1,093,336
441,567
"
:
$651,7-?
$768,230
Dividends/oh preferred Stocki_"_„.
forged
Balance"
,217,120.
152,90^
.
-V.
170, p. 102.
Cambria & Hidiana RR.—Earniiigs-r
;
June—
.Gross
from
Net
ry*.
:
1949
from
Net
hand
Ohio, which
Net
from
ry.
*29,830
;
income.--/40,403
oper.
From Jan. l—
Net
$91,816
railway—..
railway...-.-.
Gross, from
(investment bank¬
in The Bingham-
$498,866
$551,110
^
railway
railway
—//
•
income...
oper.
V "Deficit.—V.
1947
1048
•
v,,
1
$129,300
*15,588
?
fr.,
•//•
45,159
.
>
/
:•
1946
$134,752
45,2f)S
S125..493
> *12,237
68,174
39,224
*
170,
Com.
shs.
•Earnings—v,/■
1949—3 Mos.—1948
$1,075,575
$1,606,495
1,381,180
outstanding.
v
-
1949—6 Mos.—1948
$709,472
-—
1,381,182
1,381,180
$0.46
$0.73
$2,219,004
1,381,182
tEarns. per com.-shares
»
•
$1.06
*After
all
for
charges,
dividends
p.
'665.395
*212.940
.151,076
785,143
36,623
358,211
812^634
•
*846
223,408
580,411
62,3'if;
256,7/';
i /■>.; '*•
^ :!v/v'<■
2.
-
Federal income taxes and
the preferred stock.-
Yi^Vl 169,
20-year 3%
p.
Net
from
Net
ry.
;;
railway.—-
oper.
income...,
„
1946 '/
1 947
$153,000
*55,700
$165,0s>0
*104,957
*66,820
1.177,000
1,002,400
1,069,700
*303,390
*637,461
*242,390
*270,4 46
/ *564,728
*626,829
1948
1949
$131,000
*39,569
$195,000
*79,609
*146,591
*111,596
,
*17,0 ";3
From Jan. 1—
reserves,
pro-
Ready—
debentures due 1968 may be exchanged for
permanent debentures at the Irving Trust Co., One Wall St., New York,
Temporary
June—..;/'
/
/
'Gross from railway....
$1.51
tAfter
on
Permanent Debentures
•
Gross
from
Net
from
Net
ry.
railway.—
railway
income.-.
oper.
•Deficit.—V.
170,
p.
1.009,000
*477,479
*787,915
t
102.
(Continued on page 7)
2206.
Office)
On account of the fluctuations In the rates of exchange,
^
67,473
•
<
5-.
Ohio
'
N.
Patent
1
$1,025,812
12,280-
;;
;
'
Herbert D. Seibert. Editor and Publisher;
Willi&m B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Other
William Dana Seibert, President; William D. Riggs, Business Manager. «•' Published twice a week
[every Thursday (general news and' advertising issue) with a statistical issue; on MonaayJ.
c/o Edwards & Smith.
Copyright 1949 by William B. Dana Company.
Reentered
offices;
135 S. La Salle St.,
Chicago 3, 111.
(Telephone State 0613); 1 Drapers' Gardens, London,
E. C., England,
as second-class
matter February 125, 1942, at the
Subscriptions in United States, U. S. Possessions, Territories and Members of Panpost office at New York. N. Y.. under the Act of March 3,
1879.
American Union, $35.00 per year; in Dominion of
Canada, $38,00." per year.
Other Countries. $42.00 per year.
The
of
31, 1953, not including
the Toketee Falls Project
ending Dec.
depreciation
Prov. for
>
t$651,581
jfi
(Ne^
Corp
underwriters of the stock.
outstanding
;
(other than
Prov.
Herbrand; division
Cleveland,
shareholders
the largest
p. 394.
are
I' i Period End. June 30—
61,758
49,153
a
$7,000,0(59
of
Canadian National Lines in New England—Earnings
t$341,251
13,634
144,689
tho
of
also filed
1,
Twelve Months Ended June 30—
855,451
Herbrand
170/'
company's
the
associates
and
that
on
capital'stock.—V.
statement
Office
Regional
common
Operating and admin,
haS' beeh' Set Up" foY future
makes
,
'
•
retail
Butler
the
suspended from
registration
a
proposing
$9,000,000
Taxes
Called
Hartford,--Conn.,- manufacturer of
tools which
was
formed in 1869.
8,943,686
180,357
194.
became
Operating revenue
current fiscal year an additional
preferred stock retirement. This
issue carries a sinking fund retirement equal to 10%
of earnings.
:
| To'diversify its activities the corporation purchased $350,000 of $10
pe," 5%, first preferred stock of the Delphos Grain & Soya Products Co);
Delphos, O;," and took "an" option on 35,015 shares of Delphos common
stock in October, 1948. These funds were used to finance the instal¬
lation of a, V. D. Anderson Co.^ soya bean solvent extraction
plant,
f. i in March this year the corporation
further diversified its business
by acquiring" 86%
of the stock of the Billings & Spencer Co. of
•Adjusted for children and students
tDeficit. tExclusive of interest
[accruals Payable to the
sinking fund trustee of $33,752; for the month
I or May, 1949j and
$152,402 for five months of this year.-' -V. 170,
~
P.
has
company
vision
income
for
V California Water Service Co.
Corp.—Partial ^ Redemption—Ex¬
ivj'v
ers),
$297,481
charge
approximately $1,256,000 for completion
at Toketee Falls, Ore.—V.
170, p. '394.
Steel
\
$9,436,251
t$66,958
this
division.
a
operations
elected President of
was
California
of
company
$24,000,000
of Unit—
of Bethlehem
•
$1,907,888 $10,621,109
$20,331
deben.
Mills
Co.,
&
are
struction.
1944.—V. 170, p. 394.
January,
acquired the
Superior Manufacturing Co.,
pneumatic hammers. ,V".
I William J. Mericka & Co.; Inc., Cleveland,
10,705
A
Corp.,
take
will
Herberger
R.
Francisco
shares
mortgage
the
45,299,899
181,678
$75,725
charges
on
Vice-President of
retail
promissory
notes issued under a credit agreement with the Chase National Bank,
New
York; American Trust Co., San Francisco;
Harris Trust and
Savings Bank, Chicago, and Commercial National Bank & Trust, C^
of New York, the proceeds of which were used in'part to finance its;
construction program.
The proceeds from the proposed stock issue,
together with the proceeds of $7,000,000 first mortgage bonds, series
due Aug. 1, 1979, expected to be sold before Sept. 1, 1949, in the ag¬
gregate amount of not less than $12,000,000 are to be used to refund
4,661,981
'
♦Net, earnings
Fixed
of
V
San
The
•
.
16,728,629
1,869,749
„
Cotton
company
York)
974,092
42,444,366
,
Steffey
Prall, who
G.
shares
Blyth
948.820
9,846,327
Bingham-Herbrand
j
'The
94,309,375*103,675,696
$71,409
—
Operating income
Nonoperating income
3,421,351
$2,122,836
'
charge
'
$1,345,166
1,200,000
1,225,823
pands—
1949—5 Mos.—1948
18,847,791
_
passengers
Transfer passengers
1^49—Month—1948
10
first
11,070,055
income—
Killian
.*
I
$66,200
$300,000
The
elected
been
Scott-Burr Stores
.
Mr.
when
registration
1948
-
"
will
Ohio—Filing—
has
in
299.
The
11,668,019
'
-
22,
Non-operating
replacement,.,, maintenance,
;
,
"
102.
p.
California Oregon Power Co.—Registers With
996,03*0
Billings & Spencer Co., Hartford, Conn.—Control—
See Bingham-Herbrand Corp. below.—V. 162, p. 2141.
>
for
i!
providing for the merger of this company with Nj)Z
Fibres, Inc. having become effective, the New York;
Exchange announced on Aug. 2 that the $5 par capital stock of
each
principal operating r.ubsidiary. in charge of purchasing to succeed
the late Charles R. Hoiton.
Mr; Killian had been Purchasing Agent of
1915 and is
Vice-President.
developed
are
125,80$
agreement
SEC
Bethlehem Steel Corp.—New Vice-President
Division has introduced a new
choice
Of
demountable' .pulleys".
new
426.05/
*43,932
*Deficit.—V. 170, p. 2.
n^ne
C.
;
Mercury Clutch
Clutches
with
a
Mercury
as
327.622
333,872
4,945.773
Automatic Steel Products, Inc.—New Product—
Known
679 805
405,615
24,35*
1,604,50
Under the terms of the merger agreement, seven shares of National
Automotive
Fibres, Inc. capital stock are issuable in exchange for.
647.733
income...
railway
railway
from
Net
;
1
1,321,085
'
;
by
'
2,236,918
79.750
market.
''.*71,347
•
1947
1943
1949
/
$3,067,422, $2,561,766
$2,669,925
1,427,831
1,789,583
1,003,432
from
Gross
in
a
22,549
2.590,380
351.449
•
the
of
Bert R.
California
$0.25
■
from
arrangements.
.
178,o84
Co., Inc.
May
Curb
(& Subs.)—Earnings—
railway
from
ry.
'
'
•
$306,865
76,787
170, p. 299,
p.
share
p. 299.
'-Paul S.
this
"
'
1946
1947
$314,307
r"
242.334
California Cotton Mills Co.—Suspended from
i
alter taxes
From Jan. 1—
- ■
joined
1948
$524,559
200,249 v*
105,794
Steffey
Aug.
An
$693,425
per
Net
Austin, Nichols & Co., Inc.—New Vice-President—
Theodore'A.
O.
&
On
Co.,
.'•
con¬
,
$651,715
$691,110
•
shares outstanding
of
Net
the A. & D. since 1899, but decided
expired this year. A $3,000,000 payment
:
1—
June—
in
was
nego
special
Earnings—
2511,573.
Vice-President
headed by
Bessemer & Lake Erie RR.- -Earnings—
•
,•
beginning of its independent operation Aug. 1.Formal approval of the A. & D.'s debt modification
the ICC, which also authorized terminal and trackage
RR.
1949
•
170,
President
Ward
815,770
$0.92
1946
$676,389
railways—
income
Gross
compromise of litigation will be devoted by A. & D.
toward reduction of mortgage-debt and other corporate purposes. It
will have $3,500,000 bonds outstanding, with annual interest charges
at 3% amounting to $104,962.
The Atlantic & Danville was granted authority by the ICC for the
Southern
by
'
income
oper.
Albert
and
was
1947
1948
Quarters Ended June 30—"
r
ating railroad again after a lapse of 50 years and one month.
.
The management of the A. & D. expects the 205-mile line to be an
..
prices.
employees'
labor
$8
income
"Deficit.—V.
Operations— >
\
in
the
tional Automotive
1949
railway——.
income—
Jan,
Earned
operation.
ry.
Payments in 1948 totaled
share on Feb. 1.
168, p. 2678.
railway.—
from
—V.
all-Diesel
of
Aug.
on
par
railway.
railway
from
$752,487
;
$265,375.
totaling
items
per
oper,
Number
Atlantic & Danville Ry.—Resumes
Effective
decreases
extended
common
from
Net
not to pay a dividend on
the
"in view of present unprofitable oper¬
the company paid 10 cents per share on.
Beaunit Mills, Inc.
Net
'
298,;
after
payments include a non-recurring
employees.—V. 169/ p. 1880.
railway
railway___
oper.
250,000
-
/ Net income ._/—___.
material
requirements
year
pension
'
ry.
Gross
decided
4)778,224
Net from railway——
2,296,195
Net ry. oper, income—
• :K 915,077
•Deficit.—V. 170/ p. 102;
$5,634,247
——
•Deficit,—V.
from
From
■
FUctu, St
and
the
to
demand"
slackened
From January 1—
1948-,'
*$131,931
"'
22
,r
from
Net ry,
■
*$142,000
*/—u1/ 270,216
deductions
1 '"1 2,996
conthig. digs..
358,592
1948
$899,081
greatly
time
year
cents
June—
Net
2,127,089
$431,924
113,798
rents
pulps
part
the
to"
adopted last
from
from
$1,618,978
$1,629,750
$17,389
in
was
older
shares,
Net
$1,919,230
1949
non-recurring
stock
2,
Gross
Net ry.- oper, income*
Other income (Cff
■
1949
due
Burlington-Rock Island
Co.—Earnings Off- -Omits Dividend—
directors
Gross
joint
and
pnv1. dt
Earnings—
"
was
sulphate
due
stockholders
Gross
$64,047
*$50,207
cents per share.—V.
.
—
.
:
Month—1948
19^9—6 Mos.—1948
1949
$9,305,841 $11,492,213 $67,580,285 $73,832,874
8,634,043
9,790,776
55,269,934 59,021,538
700,000
950,000
6,500,000
7,050,000
Period End. June 30—
"/'A/'
Ltd.-
102.
p.
common
per
ations."
-Earnings—
Atlantic Coast Line RR.
$762,355.
16 will vote on a proposal to increase
stock from
300.000
shares, par SI each, to
each, and to eliminate the 25,800 shares, of
authorized but unissued preference stock.—V. 167, p. 1919/
V. «,
Beaumont Sour Lake & Western Ry.—Earnings—
!
1,176,0^3
$144,254
$397,525
and
authorized
600,000
Net
'
charges and taxes
common
shares outstanding-^—_
Including
The
*8,850
oper. income-—
•Deficit.—V. 170, p. 102.
1,150,223
June—
;
'
1,998,657
217,362
railway—
ry.
195,000
$902,314
Dr54,766
$1,901,714
446
3,379
for
..
170,
of
common
railway——
from
Net
190,851
earnings
was
for
$1,944,703
profit after
Earnings
Jan. .1—
From
Gross
54,222
12,932
59,945
$1,938,388
Butler Brothers, Chicago—New Vice-President—
Number
$367,039
railway,—
oper.
in
The
the
1,435.819
$1,995,844
£>r94,130
$63,601
*$3,482
charges
income
Net
Net
railway——
from
Net
it
Net
1946
from
$1,294,487
"
profit
groundwood
tribution
$29,387
34,214
3,696
income
Bareco Oil
1947
1,786,286
$1,097,314
; f *$66,081
' l\
1C 2.
170, p.
decline
tiations.
54,877
1948
1,761,208
.
$8,732,899
5,302,372
$8,656,199
charges,———
Fixed
10,977
j; Atlanta & West Point RR.- -Earnings—
Gross
for
1
53,231
19,622
1949
$314,196
30,258
305,786
(F.) Burkart Mfg. Co.—To Increase Common Stock—
$764,077
6 Months Ended June 30—
June—
288,871
$124,770
i
etc
chgs._
charge3___-
operating
Further,
1949—6 MOS.—1948
1949—Month—1948
$656,562
accruals./
available
fixed
235,682
453,690
$3,724,674
fxd.
income
The
4,318,622
/:/ '/'■" /''■/"/'
*
*
.
447.70;
$3,055,695
6 Months Ended June 30—
$12,003,448 $10,163,870
——
—
-
"5
•
-
.
oper.
Rent income
159,273
570,963
115,802
income—
oper.
ry.
—V.
,
Net
$9,130,133
5,328,930
$6,846,357
6,415,888
revenues
expenses
oper.
;
1,204,562
72,146
$1,403,100
Brompton Pulp & Paper Co
Aroostook RR.—Earnings—
oper.
Income
.
From Jan. 1—
Gross
69,062
"Deficit.—v.'
3,778,255 Z 3,810,506
635,026
623,744
-
170, p. 298.
$126,504
40,576
$3,270,984
8,765,880
taxes
income
'i
97,106
10,315
income—,
oper,
$2,607,994
104,663
'
1946
:
1949
*
200,762
$1,330,954
$344,579.
$413,641
interest,
after
Net
ry.oper. incomeOther income (net)//—
$126,711
35,708
v'
200,759
income.
oper.
Contingent
22,623,076
249,705
income
Railway
r
Atlanta & St. Andrews Bay Ry .-EarningsGross
20,417,480
6,552,104
19,353
3,146,372
—
Net
June—
15,329
income
Inc.
deductions
Railway
Railway
-1948
-
2,296,209'
V/ 29,692
2,341,227
•;;>,%>
170, p. 298.
ry.
Rentals;
20,281,849
2,901,800
Period. End. June 30—
47,895,362 236,419,791 247.410,283
7,387,064
21,957,248 28,223,145
6,905,893
18,852,787 24,999,143'
44,985.458
—
income-
oper.
17.515.680
662,763
oper.
Bangor &
$
income
Net
5,889,341
Total
-V.
Santa Fe Ry.—Earnings—
1949—6 Mos.
3,879,310
1,521,222
Gross, income
693,895
Federal
notification with the SEC
offered at $8.50 per
business. Office, 1007
1949—Month—1948
Period End. June 30—
3,529,098
286,899
"
W, Va.
Ave,, Huntington,
Atchison Topeka &
657,786
183,854
'
(Dr)_
pension fund which
July 21 filed a letter of
on
521,281
(0ri__
rents
36,965,296
33,699,253
994,588
$857,178 $4,301,151
Excise tax a/c Railroad Retirement Act
Tax a/c Railroad Unemployment Insurance Act
covering 5,000 shares of common stock, to be
share. Proceeds will be used in life insurance
Gross
Other
1,020,649
2,452,477
Net
Huntington, W. Va.—
Appalachian Life Insurance Co.,
Fifth
101,842
149,461
67,202
-
*
company
137,185
190,392
Contingent
interest on
funded debt _———
Files With SEC—
The
738,492
'
than
oh" fiinded debt:..
int. on funded debt
*
2,935,723
387,273
income—
oper.
170, p. 2.
—V.
Net
inc.
Total
3,773,336
4,275,386
365,022
from
Net
14,227,976
Fixed charges other
Fixed
rents
5,727,442
35,608.255
16,638,114
2,635,638
income *..//-—
Miscell.
5,656
,
From Jan, 1—
Gross
37,810,081
1946
$583,892
1948
$762,935
206,571
123,623
1949
$593,461
55,518
railway
from
8,362,787
5,470,020
—;—
—
1949—6 Mos.—1948
$8,018,410 $41,558,331 $46,612,561
$6,549,426
expenses
facil.
2,186,800
rents (net)- /,
railway
Net
Other
RR.—Earnings—
Taxes
6,013,252
2,631,891
———
accruals(net)——
tax
rents
facil.
Joint
Operating
Joint
railway
from
•Railway
Equip.
Higbie & Co.,
.
Equipment
1357.
163, p.
Ann Arbor
,
25,651,266
operations
being sold by
par) common stock. The shares are
Dearborn.
Underwriter, Bradley
»$1
LeVeque,
I,
expenses
'.
»
Earnings—
1949—Month—1948
Operating revenues
36,460,819 190,286,457 192,900.872
28,098,032 152,476,376 157,234,617
31,664,518
oper.
Net rev.
filed with the SEC covering
letter of notification Was
a
shares
10,000
Railway
.1!;,
Mich.—Filing
Co., Dearborn,
Anchor Steel & Conveyor
Francis
\ ■■
revenues-
Railway oper.
corresponding week of last year,
394.
p,
$
$
increase or
Period End. June 30—
1949—6 Mos.—1943
$
%
$ *
1949—Month—1948
Period End, June 30—
subsidiaries
1949, the System inputs of
to 252,009,000 kwh„
an
week ended July 28,
the
For
Boston & Maine RR.
Earnings—
Baltimore & Ohio RR.
Weekly Input—
Monday, August 8, 1949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(486)
-
remittance for foreign subscriptions
and,advertisements must be made In New
York funds.
Volume
Number 4827
170
THE -COMMERCIAL
i
The
CHRONICLE
FINANCIAL
&
Capital Flotations in the United States During the Month of July
And for the Seven Months of the Calendar Year 1949
Total corporate financing for the
month of July
Aug. 1, 1974.
3%
Inc.
System,
debentures,
yield
of
the
;
.. ..
;
May
44
j.___
_
-
24.8
,
!
32.0.
y:
i
16
;
February
i
135,399,000
83,400,000
190,930,937
,
-
.
.,
286,804
;
as
"i s
March.
L,
First
.V
*,
j
'
'
Refunding
New •) ■
$191,710,089
X.
*
$1,133,976
4,280,719
Offered by Harriman Ripley & Co.,
Lehman Brothers; Bear, Stearns & Co.; Schoellkopf,
Hutton «fe Pomeroy, Inc., and Reynolds & Co,
'
according to'maturity.
1
i
Inc.;
,
'
!
t2,925,000 Wabash RR. 2%
equipment trust certificates, series B,
;
* '
due $195,000 March 1, 1950-1964. Purpose, purchase equip-.
{
204,073,331
March
199,792,612
174,381,015
1,109,217
April
189,592,258
681,905
.
Priced to yield from 1.25% to 2.55% according to
Offered by Harris, Hall & Co. (Inc.); Blair &
Equitable Securities Corp.; Phelps, Fenn & Co.,
and Kebbon; McCormick & Co.
ment.
»
175,490,232
190,274,163
February
__
r-.
.
maturity.
Co.,
1
/
$51,380,000
339,483,415
6,892,104
346,375,519
314,597,763
1,387,000
1,195,000
245,194,731
<
$1,653,556,883
$16,729,921
$1,670,286,804
'
:
i
•
315,984,763
243,999,731
June
Inc.;
V ?!,, •/;
.
Below
we
present
a
tabulation of figures since January,
be necessary, particularly
financing is brought to light.
'•
additional
as
may
<
New Capital
S
V
$'
■
■y:-yt
i
r,t
;
'
-
I
the total issue of $394,372,000 and that given in our tabulation1 for month of June, viz.: $385,325,000. However, only
I
;
.
/
$9,026,500 is the actual amount of unsubscribed
4 <4
i
1
not taken by stockholders.]
,
*1,940,000 California Water
to
vately
Total.
J
debentures
Co. 3Vi% first mortgage bonds,
Purpose, new construction. Sold pri¬
Life Insurance Co. through Dean
Service
series C, due 1975.
5
V'
Refunding
-
the difference between
IThe above amount- is
110V4-110,
.
-
5
V
Capital
t
/
i
'!
.;
-t!947New
Total
Refunding
<
4-/'44/'/
private-
*
& Telegraph Co. 10-year 3 Va% con¬
vertible debentures, due June 20, 1959.
Purpose, advances
to
subsidiaries, extensions, additions, etc.! Sold on New
York Stock Exchange through brokers.
Price ranged from
$9,047,900 American Telephone
1
1947, showing the different monthly amounts, on'Corpo¬
rate financing, vRevisions of the 1948 and 1949 figures'
'' "■
UTILITIES
PUBLIC
t
Total
York
New
4 : ■444 ^/. / Witter & Co.
1,295,000
435,591,117
372,124,374
2,590,000
374,714,374'
261,409,489
107,035,204-
547,880,788
14,091,516
561,972,304
186,843,822
30,923,566
39,260,000
422,501,331
604,461,395
97,041,541
701,502,936;
312,323,947
217,767,388
452,148,250
47,650,700 1,096,360,233
1,524,466,557
113,723,057 1,638,189,614.
760,577,258
; • 1;/.' . • ,
•; . ' 's. , . .
;
*500,000 Central Electric & Gas Co. first mortgage sinking fund
t.44':v4'''''.4 bonds, series D, 3J/4%, due June 1, 1974. Purpose, finance
368,444,693
238,267,785
1,048,709,533
'
Total
7,095,700
383,241,331
;
McMaster Hutchinson
Co.;
&
Wells & Co.
'
*
$192,894,065
'
434,296,117
quarter..-
Blair
'
■
V ]•••
,
;
—fl948
$
William
Co.; Inc.;
& Co., and Mullaney,
■
til,400,000 New York Central RR. 2%% equipment trust certificates,
due $760,000 annually July 15,
1950-1964. Purpose, pur¬
chase of equipment.
Priced to yield from 1.50% to 2.957<?
;
231,172,035
Lj,
»
,
follows:
>
January
-1949-
February___-
>
•
S{JMMART OP CORPORATE FIGURES BY MONTHS 1949, 1948 AND' 1947
January
>
.
bonds, 2%% series, due 1979; $15^000,000 Oliver
Corp. Zlk% promissory notes,* due July 1, 1969; $13,000,-
Total
fered
&
35.0
Municipal financing for July totaled $245,194,731, com¬
with $119,903,471 for July, 1948. For the seven
months of 1949 total municipal issues footed up $1,670,-
gage
-
'
.
pared
large issues for the month were: $55,000,000 Great Lakes
Pipe Line Co. 20-year sinking fund 3V8% debentures;
$22,500,000 Associates Investment Co. 4% subordinated
loan, due 1959; $15,000,000 Illinois Power Co. first mort¬
Refunding
1961. Purpose, purchase of equipment.
Priced to
from 1.10% to 2.50%
according to maturity. Ofby Halsey, C'.uart & Co. Inc.; R. W. Pressprich &
Co.; A. G. Becker & Co., Inc.; Otis & Co.; The Illinois Co.;
First of Michigan Corp.; Freeman & Co.; Wm; E. Pollock
yield
'
'
43.8
"
'
1,
Aug.
i
30.0
273,305,000
25
January
;
of Total
98.040,000
>
32
•'
Co.
&
40.0
?
.
32
March
95.2% was new money and
$21,849,226, or 4.8% was refunding. Thus the trend of
financing held to the same pattern for the 36th consecu¬
tive month showing new money greater than refunding
operations with the exception of May, 1947.
( Among the principal issues for the month were $150,000,000 Standard Gil Co. of New Jersey 25-year 2%%
debentures, due July 15, 1974. This is one of the largest,
if not the largest publicly-offered industrial bond issue
underwritten in the history of American finance. Other
Capital
:
,
t5,640,000 Louisiana & Arkansas Ry, 2%% equipment trust certifi¬
cates, series D, due $235,000 semi-annually Feb. 1, 1950-
27.0
342,011,000
i
19
,
}
,
April
,
%
.
■
fered
>
..,
$112,740,000
14
June
.
t
Total Amount
No. of Issues
July
or
.
'
.
V
issues and aggregated $112,740,000 or 27%
total
financing. Comparison .w i t h preceding
1
month, making the total issue $394,372,000, which is the
largest corporate offering ever floated in the history of
corporate financing in the United States. Of the total for
New
f
separate
months follows:
1964. Purpose, purchase of equipment. Priced to
from 1.10% to 2.675% according to maturity. Ofby Halsey, Stuart & Co. Inc.; A. G. Becker & Co.;
First of Michigan Corp.;
McMaster Hutchinson & Co.;
Otis & Co.; Mullaney, Wells & Co., and Wm. E. Pollock
1,
Aug.
due
issues placed privately in July comprised
Corporate
14
debentures, of which $385,325,000 was included in our
capital financing. The remaining $9,047,000 of the
debenture
issue
is included
in our compilation
this
month, $432,202,883,
Gas
»
„
June
the
Columbia
000
ag¬
$454,052,109, compared with $1,242,007,042 for
June and $518,355,071 for July 1948. The huge falling off
in July from the preceding month was accounted for by
the paucity of the issues both publicly offered and placed
through the private route. - The difference also is at¬
tributed to the large offering in June of the American
Telephone & Telegraph, Co. 10-year
convertible
gregated
139,824,303
,
.
:
Sold privately.
expansion program.
,
,
.
^
:/ :f 13,000,000 Columbia Gas System, Inc. 3% debentures, due Aug. 1,
';
1974. Purpose, finance expansion program. Price, 101 Va
and interest.
Offered by Halsey, Stuart & Co. Inc.; Geo.
/>G. Applegate & Co.; Eache & Co.; A. G. Becker & Co.
Inc.; Courts & Co.-; Detmer & Co.; Fauset, Steele & Co.;
i
'
Kaiser & Co.; Ketcham & Nongard; Mullaney, Wells &
Co; Otis & Co.; The Robinson-Humphrey Co.; Sills, Fair// man & Harris, Inc.; Singer, Deane & Scribner; F. S.
^
/
Smithers & Co.; Stern Brothers & Co.; Stroud & Co., Inc.;
Thomas & Co.; Weeden & Co, Inc., and Harold E. Wood
277,783,073 1,038,360,331
,
631.165,940
294,929,400
May
;
June
Second
quarter.
1,056,250
682,222,190
562.725,792
50,212,500
31,250,000
4,088,750
30,519,224
326,179,400
1,242,007,042
.381,550,874
1,211,487,818
__.L
April..
595,197,598
23,896,829
62,825,474 2,250,403,632
1,539,474,264
2,187,583,158
iV"'
■
Six months
'
'
"
i
.
' '"i"'
'
''
''
'
"
—
-
■
"
.
i
614,269,659 1,737,833,604
14,724,735
518,355,071
261.450.941
458,744,588
25,757,281
484,501,869
,f
,
265,676,364
Co.
&
620,226,376
112,461,407
122,187,231"
158,250,417
September...
'
125,726,255
^ 494,500,121
2,090.000
454,052,109
,' 7
„
892,059,732 2,776,193,935
196,921,136 3,260.861,957, 1,884,141,203
259,360,941
21,849,226
432,202,833
'
—
503,030,336
:
537,414,539'
737,105,105
213,807,327
'
August
July
.
463,313,960
319,497,872
1,622,672,343' 1,123,563,945
,
110,476,174 3,346,768,865 .3,063,940,821
3,2^5,292,691
624,094,427
83,198,079
»ii
80,964,460
382,349,500
217,916,667
523,297,778
612,938,292
385,639,624.;
>270,711,824
387,863,595
•1
-
-
quarter.
l;221,735,865
months-
Nine
4,285,67C,686
'
4
630,719,965
37,564,879 1,736,486,725
2,028,477,908
277,058,031 6,261,656,563
15,600,000
458,524.576
3,221,860
/'
627,498,105
December
' -i',.
'■
647,242,184
442,924,576
I
November
■"'I
607,997,623
474,476,470
946,003,815
18,743,019
V-
V
• -•
;
'
,
77,422,920'
685,420,543
87,318,960
561,795,430
69,701,999 1,015,705,814
a.
'
'
1
•
& Co.; A.M.Kidder & Co.; Kirkpatrick-Pettis Co.; Schoell<
,
tkopf, Huttcn & Pomeroy, Inc.; Schwabacher & Co.; Stark¬
weather & Co., and Swiss American Corp.
;u ,
410,000,000 Florida
;
series,
3
Fourth
quarter
1,698,921,846
Twelve
months.
5,984,598,532
234,443,879 2,202,921,787
i
!
Treasury Financing, in July
♦INTRA-GOVERNMENT
.
.
the Treasury Snyder< on June 29 an¬
$5,599,446,000 in subscriptions were ; re¬
ceived and allotted to the offering of 1 V\% . Treasury
Certificates of Indebtedness of Series F-1950 dated July
of
Secretary
•'
July-i—
Notes
1, 1950, to the holders of
of Indebtedness of Series
F-1949, maturing July 1, 1949, in the amount of $5,782,890,000. The balance being redeemed for cash.
The Secretary of the Treasury announced on May 13
that all outstanding 2% Treasury bonds of 1949-51', dated
May 15, 1942, are called for redemption on Sept. 15,1949.
There are now outstanding $1,292,443,600 of these bonds.
1949, and maturing July
1%% Treasury Certificates
,
Due
Dated
Offered
Total
July
July
91
July 21
July 28
July 1'
July 15
July .22
June 20
91 days-
•
901,722,000
900,684,000
900,467,000
510,541,644
12 years
July 1-31
10-12 yrs.
Julyjl
7,914,500
July^-
July 1-31 July. l~
3 years
•
10,$17,119,544;
Total
for-.July—
Total
for; six months
Total
for'seven
2
;
;
44,813,935,0$3!
,
,
L
f;
•
Federal
During July, 1949
■> ->'
>'4:
-•
?*■:?t
'
•
.
•
" •
•
->
*
Long-Term Bonds and Notes (Issues
y
44-^44'/4-j - Than Five Years)
RAILROAD s
j. Vv
!
-
c
vr'.
ori
sold
are
have
discount
a
maturity,
12-year
a
are
sold
C-1948/ C-1949 and C-1950.
C-1947,
series
G
and bear 2&% interest,
of tax series
Series C earnings about 1.07%.
at
100.
separate issues designated Treasury notes
b Comprised1 of
31, 1948. c Treasury notes
Sept. 1, 1948 -and interest accrues each month,
of 3 years interest approximately 1.40% per annum*
USE OF FUNDS
I
Sale of these bonds was discontinued on Aug.
of
series
D
began
If held to maturity
!
;
-
/v',;.'
■
■
■
of
Security
nn Type
1
Dated
:;CV;•
}.
\
'♦
-
Total Amount
;;-i
7
91
day Treas.
day Treas.
bills
bils
91 day Treas. bills
Ctfs. of indebt._^
U. S. Savings bets.
Depositary bonds-,
July 28
July
1
July
1
July
July
1
Total
Total
Total
day
Tax
for
for
for
900,537,000
900,684,000
901,722,000
900,467,000 *
900,467,000
5,599,446,000
5,599,446,000 "
; 510.541,644
t
900,684,000
r
Treas.
Antic'n
Indebtedness
$ 1
$'"•"; ;
-'
&:Co.
Stuart
^
-
'
-
,
.
7,914,500
1.095.807,400
notes_
}
V;i". i i;;Vv4:-* 4
9,202,856,000
1,614,263,544
39,740.939,000
5.072.996,083
55,631,054,627 48,943,795,000
6,687,259,627
seven
months—
Inc.; Hornblower & Weeks;'
Lynch,-Pierce, Fenner & Bearte; Otis & Co. (Inc.)r
Paine, Webber, Jackson & Curtis; Wm. E. 'Pollock & Co.,
Inc.; Freeman & Cv.;'Mullaney, Wells St Co., and F. S.
Yantis & Co., Inc.
/*'
Merrill
1,095,807,400
44.813.935.083
months-
Inc.; A. G; Becker & Co.
"
13,990,000 Kansas City
cates,-series
Southern Ry. 2'4% equipment
I, due $133,000 semi-annually
|
.
„
?
!
& Water Co., Inc. first mortgage 3% bonds,
dpe Aug. 1, 1974. Purpose, finance construction program,
Priced'to yield 2-95'/<». Sold privately to institutional Jn-
;
r
vestors: { |
trust certifiFeb. 1, 1950-
Water
-1
;
Works
•.
Co.
3-Vi%•,
"
'
'
u
'
due July 1, 1979.
capital, ($443,000).
hew
first mortgage bonds, series A
Purpose, refunding ($1,207,000),
Sold privately; to institutional
investors.
*2,500,000 Michigan
.
,
.
Telephone Co. 3V4% first mortgage
Purpose, reduce bank loans incurred in
Associated
bonds, due 1979.
,
financing expansion.
j
.
Placed privately.
■
'
j t5,000,600 New England Power Co. first mortgage bonds, series C,
/
;
i ;';i'i( to' 2.95%'
& Co.
Atichincloss, Parker & Redpath; The Ohio Company,
Watling, Lerchen & Co.
v
ahd
inc.^'
'
CO S
Co.!
414%'
t6,600,000 Chicago & Northi Western> Ry. 2%% equipment trust'certificates, due $440,000 annually Aug. 1„ 1950-1964. . Purpose, purchase1 equipment.1 Priced to yield frdm 1.375% to?4
2.675%
according to maturity. „Offered-by. Halsey, Sthart
"
,
510,541,644
7,914,500
;
*1,650,000 Jopl.'n
t
July—Tl—_ 10.817,119,544
six
;
L
U
;f,
•
.
St
■
r
r
_
M
-I
■
and interest, to yeild- & Co.; Merrill Lynch.
Peabedy & Co.; Coffin
Carl Nf. Loeb, Rhoades
Schoellkopf; Hutton & Pomeroy,) Ine.;- Shields &
;
.'1,:;
I
Power Co. first mortgage bonds, 27/8% series, due
Purpose, repay short-term bank loans, finance con-
structioa program., Price, 100.50
2:85%.< Offered by White, Weld
Pierce,, Fenner St Beane; Kidder,
& Burr; Inc.; Dick & Merle-Smith;
*2,000,000 Indiana Gas
'
.
501,722,000
'
1979.
f
according to maturity.' Offered by: Salomori
"jv.:\,:-,,,':/f.K/Bros. & Hutzlert Drexel & Co.; Union"Sepuritl^s Corp.^
and Stroud & Co., .Inc.
;/;/■/:- / ;44;.\ ^ ^"
f3,990,000 Chesapeake & Ohio Ry. 214% equipmentr trust certificates,
! ^
due $133:000 seini-annualiy Feb', 'X ,1^50-Aug. 1, 1964:
4 4/V Purpose, purchase of • equipment. • Priced to yield from
;
» >
1r}
1.10
to 2.55% ? according to maturity. Offered by Pal"/./.v./'.",sey, Stuart & Co. Inc.; R.i W. Pressprich & Co.; A. G.
Becker & Co. Inc.; Gregory & Son, Inc.; L. F. Rothschild
Co.; Freeman & Co.;*;Mullaney, Wells; & Co., and Wm.
Pollock & Co. Inc. \ / ; . •
y:'
t6,150,000 Chicago Great Western Ry. 23/4% equipment trust certifi-:
ideates, due $205,000 semi-annually Jan...15, 1950-July' 15,
1964.
Purpose, purchase of equipment.
Priced to yield
from 1.40%
to 2.95% according to maturity.
Offered by
Salomon Bros. & Hutzler; Drexel & Co.; Unfon Securities
Corp., and. Stroud & Co./Inct '
;
" 1 I " ■'V
:
7
900,537,000
bills
SI
July 21
91
Refunding
$
•
July 14
July
New
-
Accepted
] '■'>
r
/
v,
•
t8,685,000 Atlantic Coast Line RR.i23/4%' equipment trust certificates
<
i •"
series J- aue $579,000 annually March 1,' 1956-1964.
PurL r/ v/ " pose, purchase of equipment. Priced to yfeld from 1.50%:
Vp- :;
maturity,
yield, 2.90% : series F have a 12-year
basis', at 74, and yield 2.53%
and
j.
Z
1
ii5,000,000 Illinois
.
discount basis at 75. and
J
!
.
months—55,631,054,627
;
'
jj.
j.
.•
Cp.; Moloney, Beissner & Co.; Rotan, Mosle & Moreland;
Underwood, Neuhaus & Co.; Lovett Abercrombie & Co.;
Rauseher, Pierce & Co.; Inc.; B. V. Christie & Co.; J. R.
Phillips Investment'Co.,' Inc.; Fridley & Hess; McClung &
Knickerbocker; Eddleman-Pollok Co.; Rcwles, Winston &
Co.; CHak. 6. White & Co., and R. H. Goodwin & Co.
,
'
7
-
.
Union Passenger Depot Co. first m'ortgage
bonds, series A, due July 1, 1974.
Purpose, • capital ex¬
penditures.- Price, 100 and interest.
Offered! by; Halsey,
""
y
•
.♦Average rate on a bank discount basis,
a Comprised of three sepa¬
rate series, of which series-E have 10-year maturity, are sold on a
j
Maturing Later :
j
Offered by The Ohio Co.
Kidder, Peabody & Co.; White, Weld: & Co.; Halsey,
StuArt & Co. Inc.; Dean Witter & Co.; F. S. Smithers &
j ».i ' :: J
ji
first mortgage bonds,
3^4%
by
,/U; /
1,33^,524,500
Capital Flotatiorts i
Telephone Co.
9,818,000 Houston Lighting: & Power Co. 2%%
convertible debeni
i 1'
tures,. due June 30, 1964.
Purpose, repay short-term loans,
finance construction programs.
Price, par (flat). Offered
! 435,448',000.
Fund,:
'4 Vj
3%
i-.
.
Fund, Alaska Railroad Retirement Fund, Postal
|
(Ohio)
and interest.
>
!
1273,448,000
and notes:, certificate!
: 4$2,000,000 "Akron
;
;
Government; Life' InSufaftce' Fund, "Natidnal. Service
Federal Deposit Insurance Corporation, apd
Savings and Loan Insurance Corporation1.
tNet retired.
„■■■*■
v
■
■
'
-' -
Insurance
Life'
*
,
'
$
-
Savings : System,
;
—
sales of special series certificates
Zone Retirement
Canal
:"f5';j
VA
.'
(.
1162,000,000
'
bonds,
borrowings,
series. A, due July, 1, 1964. Purpose, refunding ($43,000),
improvements,
extensions, etc.
($82,000)'.
Price. 101.75
,
'
20,587,775,000' i,0i6i,076'»500'-
22,131,479,500 20,796,9^5,000
months—
seven
/
a>
1,095,807,400 100."",
l-,095-,807,400
•
21,648,851,500
.
,
Adjusted Service Certificates FUnd and Unemployed Trust Func
and notes to Federal Old Age' and Survivors 'Insurance Trust Accountv
Civil .Service
Retirement
Fund,
Foreign
Service
Retirement Fund
Yield
•
47,180,000;
209,180,000
482,628,000
Details of New
99.734 + *1.052
99.767 f *0.923
99.766 -1 *j0.928
99.743
*1.017
5;599,446,000 100
,510,541,644
a
7,914,500 100
5,599,446,000
1 year
,
July 1-31
•
days
•
900,537,000
1,625,606,000
1,428,487,000
91 days
July 14
8
1,696,622,000
1,799,471,000
91 days
7
for
^Comprise
$
June 28
482,628/000
1949
Price
Accepted
Applied for
•'
<
*
>
'
sold to
Amount
Amount"
Date
Li
July.
125,000 Geneva
'
Net Issuec
1
.
i
: ;
.
.
—:—162,000,000
'v
for six monthsL—
J
UNITfeD STATES TREASURY FINANCING DURING
;'i j'; $ A.
$
;
-
'
Retired
-
above,
;TreasBills, Savings Bonds,-Tax Administration Notes and
k
-j-
'■
'
,
-
for
Total
3. The Treasury Department in July outside of the
confined its operations: to the usual weekly; sale of
J-.
,
——
Total
f
Depositary <Bonds.vi
<
Certificates
1,
ury
\
j
that
nounced
I
FINANCING
Issued
1979.
expansion program.
Price, 101.99 and interest,
Offered by Carl M. Loeb, Rhoades & Co.; Bear, Stearns
& Co,;. Coffin & Burr, Inc.; Paine, Webber, Jackson &
Curtis; William Blair & Co.; Cooley & Co.; Reynolds &
Co.;; Laird, Bisseli & Meeds, and Emanuel, Deetjen & Co.
I
j
4,831,046,013 1,486,871,504 6,317,917,517
&' Light
Co. first mortgage
Purpcse, repay short-term
Power
due
finance
,
tRevised.
^
due July 1, 1979. Purpose, fi¬
Price, 102.54 and interest.
program.
by Lehman Brothers; Blair & Co., Inc.; Burr &
Co., Inc.; Dick & Merle-Smith; Francis I. duPont & Co.;
Glore, Forgan & Co.; Granbery, Marache & Co.; Ira Haupt
2,802,568,105 1,252,427,625 4,054,995,730
239,493,152 4,525,169,838
628,439,165
October
series,
construction
Offered
360,374,893 1,278,801,795
918,426,902
42,572,016 1,264,307,881
j
,
27/s%
bonds,
trust
,
nance
Third
Light Co. first mortgage and collateral
110,000,000 Delaware Power &
.
.
!
!
2,%%,. due 1979. Purpose, repay bank loan'.'4 Price, 100%
and interest.
Offered; by Halsey, Stuart & Co. Inc.
13,500,000 New Jersey Power & Light Co. first mortgage bonds, 27/a%
series, due 1979. Purpcse, finance new construction. Price,
102:54 and interest. Offered by Carl M. Loeb, Rhoades &
'*'
'
"
Cp.
'
V
14,750,b00 St. Joseph (Mo.) Light & Power Co. first mortgage bonds,
" 3% series,; due 1979. Purpose, finance construction, etc.
pirice; 102!/4 and interest. Offered by Halsey, Stuart &
'rj"C :
CO. Inc. ;
T "
,
M | i't j
.
;
3,679,464 Southern Union Gas Co. 3J/4% sinking fund debentures,
due
July l, 1964.7 Purpose, expedite merger of Texas
»'
Public Service Co/ into Southern Union Gas Co.
Price,
♦Represents'issues placed privately.
Jlnrflcates
1
-
/
'
'
;
.
;
i$sues sold competitively.
:
'
(Contiued
on page
6)
comprehensive tables on the folwe compare the July and
months' figures with those for the
In the
loW:'iig
seven
pages
corresponding^ periods in the four years
preceding, thus affording a five year
comparison.
O
i
O
g
£
>
e
00
00
CO
CO
Total
$
Refundi g 627.35,20
Capit l
19,580 31,2480 984, 243
754,16.243
New
$
8,6 ,720
$
Capitl
$
New
21,396 249,650
9,260, 0
126,80523 94,8 0 290.56,0 105, 0 150,29658 94,72805
17,946720
3,860
13,452.0 3,941,30 1,60,0 10,51.234 30,27195
62.14,237
3,941,30
4,350. 0
31.95,94 205,62 3l72~o756 102.4891 10,3750 6,125.0 508.50 71,80 65 25,148 2 20,817.0 39,485 94 2,705,62 3L7TO56 206,94 1 135,7 0 6,825,0 508.50 76,158 65
;
Total
20.817,0 307,5 0 2,50,0 104,6 0 125.0
70 .0 0
451,9357
14
80, 8957
'
;
32.90 132,50 985,61 2
32.90, 7,680 492,03579
Refundi g 10, 0 15,320 102.43,25 109,6 0
70 ,0
$
60,8 957 304, 209 108,4360 294.87,360 16,0 251,347892 125,0 0
84.721,658 28,972805
627,3520
17,4 892 59,0 0
1.3 ,280 34,69028
13,4520 1,60,0 8,325,0
820,54 12
510,8370 o0n4Q5 108.2 12 54.0 0
7,807,360
20. ,0 62,0
108,436.0 287,09 106, 0 73.90, 0 6,0 0
Refundig 94,8.0 287,09 0 15,0 0 65,7 0 6,0 0
-1945
1,830. 35,20 54
34,69028 124. 1790 53.0179
$
Total
96,3702 201 6,450 1,234079
410,350
126.40713
$
-1945
Total
62,0 2567 0 6 53.71829
92,76234 30,27195
50,8297 17,52368
I
-1946
Relundi g 320,15 42 x»5.7b2 12.76392 54.0 0
5b.
$
—1946
2.60 , 0
7,250,870
6,480,10 70,84 154
46,73418 10,3750
ItJ,0 0 162,5708
149,6709 19,750
70 ,0
9,08,10
IIS
Capitl 184,73.5
85,26 ,. 9b.025,730
$
New
Total
*.
s• -V
$
New
369,051 493,521
431. ,56 17,8039 b,45290 5.0.0
Total
250, 0 5l79~5,0(j 135,89201
620,37 1,05873,17094
4UO. O
Refundi g 109,685 1076210 4.978.50
1947-
Capitl
124,70
39,10 1,463154
125,7625
$
250, 0 127O45,0 124,937 80,97468
New
DReeacvonlsotrpumdint.
Refundig 61,734 46,8035 5,~6372
-1947
MGFotevAhfdrargnmaumonaicplldyesFTOJSFIYETUSUCHNAOIANRHVILPREREADS
FTMIFJFNLOYAUGEHAOIUVCVALRERPRNGMSDT,
521.50
Capitl 321,7490 1074,80 b5.02,a
$
2,30 0 269,130 23,50 104.38 4 2,0 ,0 6,237,2 8,90 , 0
$
5 0, 0
60 ,0
2.30 207,93567 23,50 57, 9834 2,0 0
8,350, 0
$
fBtoiaonnrkal
Capitl
$
New
Interna
t
•
506,8940
150. 0 5.045.0 5,26a,071
Refundig 14,57 0
147. -5
Total
-1948
$
$
Capitl
$
1
s
I
FOCREPIGNAT,
1949
~
OSUMAFRY.
-
$
New
1675 .0 34,071 45
56,280 l7956 79,324 6
432,083
Refundi g 21.59,26 250, 0
65,40 245,19 731 764,51840
Total
21,84926
403,165 4 16,8576 34x,t07j1,
Capitl 6,90 182,60 8,"l6b7 o 167250, 1,0 0 31,0 357o 6 32,4607 493,170
9,1250
$
H
New
7
ONGARENUFPWDI
-194
$
Refundig 1,"250,
$
bSfutoaneyidss
agencis.&
$
New
Pref red Com on
Pref red Com on
'
Other-
Pref red Com on
Grand
T
Can dian
t
Other Farm
MONTH
•These
United
•
"■
OV
Railroads Public Iron,
547. 35
5726370
7,08 ,0
6,90 184,275 8,160, 0 169740,3 3,510,326 31,0 35,0 760 35781695
I
1
420, 0
48,074806 2,391,39
250, 0
20,38574 205. 0 540, 0 7,50,0 381,56 38
48,07 86 2,14,93
JULY' Lbonogna-notentdermsds.Short-em£stock*stock Lboongnan-ovdnetermsds.Short-em stock stock. Lbonogann-toedrtmdesShort-em stock. stock. otalcrpe. toal di'nfincgluuoodreest OFJULY
Candi —
Governmt,InBteraainonklforgeoviegrnmntLGoaanvnd,"Municpcali-—tStes,,SPotsaeeisn - LoBNnoga-nTonedrmdst utiles- sccetooetpa.ll,,E,quimpanmufectnrets anodi-indausntrdl bueildtncgs, tIntvrreaustdmsinng,,Miscelanous SNBhooorttae-nTsed-ms utile secctootepa.ll,,Equmiapnumfectnrets., anodi ijdausntrdl bueildtncgs, :Ittnrrvaeusdtsminng,,Miscelanous
OF
MONTH
1,834,0
3,206985 10,63 6
2, 40,3 0 2,510,326
15,0 0 21,59 26
3,9 26 1,350
6,90 0 186,25 7 8,160, 0 170.38, 5 3,510,326 5,94,0 35,O67 O 42,896785
147, 35
147, 35
7,08 ,0 14,57 0
51,380 98,01 364 24,3850 205, .0 1,890, 0 2,50 0 403,165 4
CHAR TE Capitl 51,380 96,70364
243,9 '731 685,327614
507,894
172,30
2,38 ,035 2,510,326
950, 0
2,30 0 248,31 57 23,50 0 187650 2 147.2 ,43 12,0 0 ,60 21,894528
2,05,725
67,105 17,93456 68, 792
5,~26370
•■
71,8532 47,285 0 5,637,2
1,06210
32,69401
503,6
1,0 0
40 ,0
Refundig I,83~476 5
$
1948
40 ,0
3,206,985 10,3 107
68,0 0 1,972015 84,69 750
6,90 0 184,05 0 8,160, 0 167.50, 1,0 ,0 5,94,0 35,0 0 39,540
482,30
2, 05,725
45,0219
492.317,0 150, 0 5,01.0 5,18356
Capitl 381,56"
5134681306,7,997425
10,7980
13,54 28
49,5012
$
'
13,94 528 183,29 80 2,30. 0 320,167390 23,50 0 15760. 2 194,52734 12,0 0 6,237,2 2,84 528
50, 4390 18,650 2 90,143.90 10, 0
40,374590 18,650. 2 89,61 0 10, 0
135,0 19,03471 73,6 542
Total
.
6,125
14,72 35
.
Total
• -
••-
518,307
1,0 ,0
'
New
'
.
24,6 724 205,6 2 31720,3 5,7507 6712576 "508,56 65,328765 184,307958 10,870 176,9472 2,705,62 31/72*056 57,8152 15,40 0 0 0 508,50 67,08765
1,750, 0
10,870 152, 0 2,50,0 2,06,57 15,40 0
$
50,86745 51,380 146,085170
250, 0
420, 0
1,250, 0
205, .0
2,90
4,29,26 1,350, 0
15,0 0
26,793 1♦,890
*■
7842953616140542,99.538,730
145405,3726,023159
21,8496
50,63 745 51,380 14,835170 2,57 13 205, 0 540. 0 7,920, 0 432,0 83
*
manufctrig ;hoeldtcin.g, manufctrig hoeldticn.g, - cceootpal.,,manufctres oiesindamuasnnturfdctlrig bueildtncgs, tthrroeaulddtsiicnn.g,, utiles- cceootpa.lr,,manuf acesoriOtheamra'innudnfucstdrigl- buieldtncg.s, thtrroeaulddtsciinn.gg,,, securit.
Total
Motors Other Land, Rub er Ship ing
Oil
Railroads Public Iron,,
Motors Other Land, Rub er Ship ing
Total
utiles-
Railroads Public Irsoten,l, Equipment Maotnords Other
Land, Rub er Ship ing
Investmn Miscelanous
Total
otal—
T
Railroad.s Public I%roten;l, Equipment Maotnords
corpate
Ship ing Investm n Miscelanous
Total
Oil
Land, Rub er
T..,
-
O
2
3
o
o
e
o
<1
o
—2
>
o
cr
CO
to
>
o
o
o
8°
OO
SZJ t—I
i
Total
-
90 .0 0
$
2,3865120 4,0 0 542,8905 18,954289 25,0 0
59,820 512,856 5,0 ,0
17,3860 53,7950 258,9740
s
,
7090 , 0
Capitl 26,04298 243706,182 106,4706
$
■
$
■
2,50946 0
90 .0 0
Capitl 540,67294 1,0 .0 438,56710 48,97645
$
10,273497
149.670 1,394570 27,0U u0 23:0. 0 4^5,3284 106,750 46,59832 65,0 0 98,250
-5
20 ,0
Refundi g 24,30 0 584, 075 3,0 ,0 97,0 195 3,9450 38,4 32 25,0 0 3,10 986
50,0 0
436,0
Total
125,0
2,064,0
Capit l 5 31,203 0 184,7206 17,50 0 12,50 0 103,64592 72,31573 4.80, 0 40,9450 6790, 0 65.G9873
237,50
750, 780 1.04,57230 137, 920 341,250.64 127,41.905 3.215,0 3,09720 473X0O 64,3204
79,06 0 18,94601 3,152,08 4.762,50 325,7039 61,058 95 000 16,841206 4.90,0 102.38 5
20 .0
75.0C0
50 ,0 0
36,72436 26,1562 907l6~5 9 650,98713 35,9085 6,502,50 1,6 .930 1.02,801 1,92 73 23,40195
3.125,0
8lX,718
254,839541 5,625,0 169,30769 10,9750
2,1 4,0
360
3131,45200,3,90794.28459
593.18,0 1.263,9746 68,65 , 102,XP6R9 953,4213 0,850 26,150 53,061.430 1,02 801 28,06173 32,0965
624,8
;
•25,49 471,6542 561,950 96,87135 30.625,0 ?Xl 718 367,1697 527,4327 15,309 2.819,57 lXBoi",725 48, 549
'
59,67 0 63,9250
31.203, 0 267,0931 38.0 ,62 oiXB s i 58,2 416 97,14 23 1,-0250 50.241,83 1,021,801 "210.65, 273,64 1
31,5913 18.70, 2 432.09,843 36,967 3,20,0 2.0 ,0 8,2510
.
4,05,0
27319,57 27 69,725
-
81, 7895 20,53 62 897352,91 481,6794 24,1580 6,502,50 9,273 1,021,801 9,60 12 207,9 273
1,0 1,0
New
182. 1,0 250, 0 13,0 0 35,680 1.483, 0.943 52,0 0
5,0 39,0
50 ,0
2,50,0
593,18.0 924,750 42,50 0 liXo o 301,950 589,0 20,190 .41,50 16,320 8,5620
$
73,4150 578,1 60
59,276 30 1,837920 237,50 145,29786 61,4 905 i75~oXo 37,6 32
8.96,01 1,452,08 4,762,50 214,856042 3,058 95 57350.926 78,9250
S
2,40963,20 63,9250 61, 6372 72,1856
80,30
4,0 0
-
Refun i g 561,950 739, 2594 25,0 .0 198,30 58 516,78427 15,309 50 ,0 0 9723X60 2.902,67
-1946
68.245,831 3,290, 0 5,0 ,0 360,15390 94,50 147850,926 16,5237 62,8394 829,13780 873651 140.9 0 5.X0 6 67,01 30 18,50 3.57,0 49,850926 9723X6 16, 237
1.058
,
$
•:
Total
80,30
4,0 0
New
489,305 137,8 30
7,841,0
New
4,0 0
-
Total
12,0 "90.
$
Refundi g'$V 749,075 937,850 135,0. 195, 27 6,0 0 3,215,0 26,50972. 4,3X60 26,8 720
-1945
562,70 716,35016
Relundi g 2,140 410,87 4 61,05 768 12,0 I I I I 7,50,0 "Tdf.50
1,9602876
-1946
4,0 0
Capit l 79,06 0 9,25,0 1,70 0 10,8943 28,0 0 360, - 8,49028 4,90 0 23,41280
7,50 , 0 7^942*,50
3,125,0 849,05 8 546,0341
82,96750 946,10 137.20, 306,847120 94,0 0 3,57 0 35,0 0 9,23XO6 50,1 0
$
26,05 0 253,61 5 5,0 ,0
New
Total
v-
1
17,3860
Refundi g 4,0 0 29,761823 12,5472 25,0 0
2,1048,712
-1945
Total
CO
149.670 1,7083 6 /.O O 42,01 2 931,786 143, 67 49.78,32 65,0( 0 0 0 246,180
]
2.0O'"1
2
236,5108479 34,925210678.8CMflSitUnMoacbhpagutrdeys FYEIAVRS 2,1456045839770 32,.416510,8739
FY3EIOAV1RS
Refundi g 74,2708 8,235,0 197, 8352 31,590 57 4,978,50
$
-1947
Capitl 1,627 18 60,90 413.8 ,02 240,6879
Total
83,0 0 26,4150 31,70 617 29,0 0
II
521,50
1,20. 0
$
■
39 ,0
' r-
-1947
$
82,1 0 250, 0 30, 0 109,270 23,0 0
1,4573 26
708.930
3,05 0 3.2 5,0
10,253 17
24,30 0 74,1285 3,0 0 31,255.o»:0! 3,9450 38,432 25,0 0 708,930 16,390 3
56,40 60.9,0
124,036. 18,70 2 403.5648 36,9.67 3,20 0 1.29,07 78,01783
125.370 934.1G7, 27,0 0 3§701, 2 7.805,79 189, 67 1,450 40, .0 lX907 29,78
1,60 . 0 1,70 , 0
4,05 .0 (\
Capitl $ 125,370 810,3975 27,0 0 2073 ,0 398,2 639 102,850 8,250 40, 0 95.148,0
189,5027 28,903.85
25,03 96210,738,0 15,24 154 12,507140 10, 0. 0 92,6827
36,846.0 1,694 15,36247,238 0 13,60. 0 1,0 ,0 75,063154 15,80714 31.84 0 14,30 0 35,0 ,0 10, 0 365,3827
596,516
42, 9.0 83,21 865 6.50,0 24.90 4!»0 21,075 0 16,53.0 17,6.516
~
9382,46530276,C15.10398
2431,.0533,62270173598,.59648765,84 5,618655534,8,10232i049,C97028177734QPtabSfGJFrtouhIrenmaoenthvoaudcbnigcldgfpmeyirclndaessys.RDBUSItspuk.FJME3STFCITUNONUSOHDNRVLH1EPARIYRWEEAD 2,4323701,60231990,04,.593458.87976 321534",.86961774-,.0079r^52:u3jyh9,—0_--i06T1C."2188,6S7294^4335,750.0_45.70,114930i!V';.72323,51,186336017,26407,884945529.4987
JEFTSMFLAMGFUINOOUOHADNVRVLECRERYPIDNGMGNT,
New
-1948
$
3,078 640
1,70 0 32,56 38 308,7409
1572349
56,0 0 I I I I
610.29,0 1,79806472
$
Capit l 2,87 12
1,70 0 317,28 13 30,512903
Total
5,7 5,0 237, 05 354,7960
New
3,17298 64
4 ,474
'
4,150, 0
Total
1,20 0
56,0 0
258,730 1,69 584
30, 0
•
10 ,0 0
$ 36 ,84 .0 36.50 , 0 13, 60 10, 0 623,8 10 273, 0 31,8 0 14,30 . 0 35,0 . 0 271,04 5
1,46981,40
10,80
''
Refundi g 42, 90 78,41 29 6,50,0 18.07,150 21,075 0 16,503.
$
-1948
3,750, 0
16,0 0 527,80 1.670,28 4
479,0
-
'.Ir
40 ,0 0
351,9.0 19,836 8
Refundi g 20.15,279 6,2~39405 5,19,137
s
New
Capit l
$
New
Total
4,7 0,736
16,570
6,093, 40
10,80
*
324,6170 1,390 .271 30, 0 13, 0 10, 0 605.13,850 25, 0 015,2705 14,30 0 35,0 0 2547 0,
10 ,0
1,60. 0 1,70 , 0
20,9326 10,738 0 145. 8,14 142,50714 10, .0 92,10756
7,90 0 6,39,0 587410, 34,0 39,02 0 45.60, 0 167825,0
1,570 426
5,625,0
150, 0
378,49.180 24, 570 140.78,462 175,0 "ToXo o 1,49,350 46,34968 592,06710
$
35,610
,
Refundi g 13,8640 60,273 0 1,250. 0 12,34.26 8,~150l
645,050
5,7 5,0
7
:
4 ,474 4 ,474
15,60
20,1 0
6120,,48305392
281,250
20.89,0
"To .0 0 1,49 350 46,15378
571,2 710
4 7, 50
31,3820,2549074 OGARNUFPIDN
CORPATE,
J3EUNDL1Y bonanotdess stock stock- boannotdess - stock_ anoteds GovernmtBank governmtGavcies,&•Municptal—.Ste,s,Posein— — fidnucldostetBrhpunasewick JE3UNDL1YNotaesn-d ecotpr,manuf acesori amannufcdtrig etc ^, ihtroealddtcnng.g,, BNootaensd-s ecotp,mainufctres ories maanunfcdtrig - etc. htorealdticn.g, ecopt,:manufctres oi maannufcdtrig 1etc— htroealddticng., — ec^otp, manufctr,es ories maannufdctrigI' •—'-etci._L—u _JL - ht~roaelddtiicnngg.,,;« securit
Refundi g 1 ,45.926 20,35 0
$
-194!)
Capit l 3,06157.38
$
New
36,5 0 16,729 1
5.730,526 216,97.05 354,0 6
30, 0
$
—15)49
16,0 164,05 1,653 8
3,68.4957
CHAR TE
.%
OSUMFARY
MONTHS Corpate— Domestic— Pref d Com nVlOf-* Candi— Long-term Short-em Pref d Cosmtockon foreign- bLoongn-tdersm Short-em Presftorcekd Comstocokn
Long-termSnot-erm
.
7
"
'
s
.
VM »'JI°
OfJ's
-•
til!
*
Other
Grand
9
Other Farm
United
'
5,730526
358,9180 24, 570 140,3712
New
corpate Candian Interaiol foreign Loaannd Staes toal— f*igTuhreess PNrooevinwfce MONTHSLBonogn-TdersmRailroads utiles Equipment and Industrial buildngs, ShipingIntvreustmsn,Miscelanous
sctoeall,,
Total
105, 24
5.625,0
Capit l 39,7 0 1,50 64 76,G50 6,39,0 5461095,74 384,0 30.87,0 45160, 15~lT2,0b
$
'-7
Public Iron, Motors Other Land, Rub er
Total
645,050 175,0
- coal, buildngs, ShipingIntvreustsmn,Miscelanous Railroads utiles csoteall,,Equipment and Industrial buildngs, -_i. tIrnvuesstmn,Miscelano_us. Railrods Utiles sctoeall,,Equipment and industral : buildngs, ^.-2:ShipngItnrveustsmn,Micelanous corpate
Short-Tem Railroads Puutiblliecs ste l,Equipment Maotnords Industrial
Iron,
Other Land, Rub er
Oil
Stocks-
Public Iron, Motors Other Land, Rub er
Total
Total
Public Iron, Motors Other -1 Land, Rub er
Oil
_•
c
>—•
J"
6
THE
(490)
~
■
-
Inc.,
»•
W. Scranton & Co., and T. L.
;
,
first mortgage bonds, series
stock ($3.50).
-;
•I t
program.
.'I.
0001.
Price,
privately
Sold
par.
vestor.
to
corporate
Purpose,
Purpose,
♦2,000,000 Refined
Syrups
'
sinking fund notes,
Inc. 4% %
Sugars,
&
!.
July
1, 1964.
Purpose, plant improvements.
Sold
privately
to
Metropolitan Life Insurance Co. through
Baker, Weeks & Harden.
due
•300,000 Southwest Lumber Mills, Inc. first mortgage
Purpose, corporate purposes. Sold privately to
5% bonds.
institutional
;
investors.
10-year 5% convertible sub¬
1, 1949, due June 1. 1959.
Inc.
300,000 Southwest Lumber Mills,
notes, dated June
Purpose,
capital purposes.
Offered for subscription by
stockholders.
Unsubscribed notes placed privately through
ordinated
H. Thomas
£.
774).
t
acting
Inc.,
agents.
as
!
!
•
*
-
>
>
,
debentures, due May 1,
Sons, Inc. 5%
working capital ($20,Stoddard & Williams,
Purpose, refunding ($14,226),
Price, par.
offered by Day,
1964.
'
-
Inc.
& Co.,
Woodruff &
35,000 iS. D.)
,
!
'
■'
;
^v
\
.
■)
$24,385,000
OIL
•$55,000,000 Great Lakes Pipe Line Co. 20-year sinking fund 3%%
debentures, dated July 1, 1949, due July 1, .1969. Purpose,
facilities
install
privately
York
increase
eight
to
Life
(company's capacity.
Sold
institutional investors including New
to
through
Co.
Insurance
Stanley
Morgan
heimer
Co.
&
and
2%% debentures,
working capital.
Price, lC0'/2 and Interest.
Offered by Morgan Stanley &
Co.; A, C. Allyn & Co. Inc.; American Securities Corp.;
A. E. Ames & Co., Inc.; Anderson & Strudwick; Auchincloss, Parker & Redpath; Bache & Co.; Bacon, Whipple
Oil
150,000,000 Standard
due
July
Co.
15,
Jersey) 25-year
Purpose, replenish
(New
1974.
Ball, Burge & Kraus; Barret,
St Co.; Bateman, Eichler St
Co., Inc.; Biddle,
Whelen St Co.; Blair St Co., Inc.; William Blair St Co.;
Blunt Ellis St Simmons; Blyth & Co., Inc.; Boettcher and
Co.;
Bosworth, Sullivan & Co.; J. C. Bradford & Co.;
Bramhall,
Barbour & Co., Inc.;
Alex. Brown St Sons;
Brush, Slocumb & Co.; Butcher St Sherrerd; Central Na¬
tional Corp.; Central Republic Co. (Inc.); E. W. Clark St
Co.; Clark, Dodge & Co.; Richard W. Clarke Corp.; Coffin
St
Burr, Inc.; Coggeshall & Hicks; Cohu & Co.; Julien
Collins St Co.; Cooley & Co.; Courts & Co.; Crowell, Weedon & Co.; Curtiss, House St Co.; J. M. Dain & Co.; Paul
H. Davis & Co.; R. L. Day St Co.; De Haven St Townsend,
Crouter & Bodine; Dempsey-Tegeler & Co.; Dick & MerleSmith; R. S. Dickson & Co., Inc.; Dixon St Co.; Dominick
& Dominick;
The Dominion Securities Corp.; Drexel &
Co.; Francis I. du Pont St Co.; Elkins, Morris & Co.; Elworthy St Co.; Emanuel, Dcetjen St Co.; Equitable Securi¬
ties Corp.; Estabrook & Co.; Clement A. Evans St Co. Inc.;
Fahey, Clark & Co.; Farwell, Chapman & Co.; Fauset,
Steele St Co.; Ferris St Co.; Field, Richards & Co.; The
First Boston Corp.; First of Michigan Corp.; First South¬
west Co.; Folger, Nolan Inc.; Foster & Marshall;- Glore,
Forgan St Co.; Goldman, Sachs & Co.* Goodbody & Co.;
Goodwyn St Olds; Graham, Parsons"& Co.; Granbery,
Marache
St Co.;
Grant-Brownell St Co.; Green, Ellis St
Anderson; Hallgarten St Co.; Harriman Ripley & Co. Inc.;
Harris, Hall St Co. (Inc.); Hayden, Miller & Co.; Hayden,
Stone & Co.; Hemphill, Noyes St Co.; Henry Herman St
Weeks
Baker,
Fitch
&
;
f
•
J.
Co.;
J.
Hutton
B.
St
Hilliard
St Weeks;
Hornblower
Son;
St
Hutton
E.
W.
Kirkpatrick-Pettis
Co.;
Thalmann
Laird
&
Co.;
ten
St
Merrill
•
Lehman
Laurence
•
&
-
Co.;
C. Langlcy &
W.
;
St
Kuhn,
E.
'
:
Co.;
&
Laird,
.
^?
r
.
:
■
Goodwin
;
i
,
,
.
Carl
Rhoades
Loeb,
M.
<fc
,
v
,
J.
1
?
Leonard
St
Lynch;
St
Co.;
Maynard
St
Co.;
;
F.
;
,
&
Fenn
W, Carroll
;
v
:
i
,,
,
west Co.-;
Co.;
&
Co.;
Hill
&
&
&
Co.,
Co.;
Howard,
McCormick
&
&
St
Co.; Piper, Jaffray & Hopwood; Prescott, Hawley,
& Co., Inc.; R. W. Pressprich & Co.; Putnam &
Co.; Reinholdt St Gardner; Reynolds & Co.; Riter & Co.;
ald
& Co.
(par $25), Price, $12 per share. Offered for subscription
by stockholders of The United Light & Railways. Unsub¬
scribed
(4,078) shares sold by parent through ordinary
Doolittle & Co.;
Inc.;
The
Corp.; Estabrook & Co.;
Ketcham
Nongard;
&
stock
&
Inc.; McCourtney-Breckenridge & Co.;
Co.;
McKinney-Ohmart
Inc.;
Co.,
and
Co.;
Moore
Starkweather
&
Co.;
Co.;
&
Stifel,
Stix
Co.; Stein Bros. St Boyce;
Nicolaus
&
Co.
Inc.;
The
Hammill
Stroud
&
;
.
'
Co.,
Inc.; Sutro & Co.; Sweney, Cartwright St Co.;
Corp.; Spencer Trask & Co.; Tucker, An¬
thony & Co.; Underwood, Neuhaus & Co.; Union Securities
Corp.; G. H. Walker St Co.; Watling, Lerchen & Co.;
Weeden & Co. Inc.; Wertheim & Co.; White, Weld & Co.;
Whiting, Weeks & Stubbs; Dean Witter & Co.; Harold E.
Wood & Co.; Wood, Gundy & Co., Inc.; Wood, Struthers
& Co.; Woodard-Elwood & Co.; Wurts, Dulles & Co., and
Yarnall & Co..
."V1? <-<■;
7
; ■' •:
Lynch,
-
LAND,
.
•$1,350,000 1500
Walnut
F. S! Smithers &
&
first
Corp.
mortgage
loan.
Purpose,
Co.;
the
of
mortgage
Most
2'A7c,
3Vo
low,
(par
June
15,
Investment
1959.
:''
subordinated
loan
due
companies.
stocks
of
stated
a
ferred stocks
of no
computed
their
at
par
share.
-v>
par
value
value and
are
taken
at
par,
while
/
;
PUBLIC UTILITIES
\y $999,000 Bridgeport Hydraulic Co. 36.000
'
.
:
tion
»■
(28,739)
Purpose,
Pettis
&
Co.;
and
and
associate
and
'
preferred
; common
reoffered
Vr,-1,''
by
common
shares
at
Price, $16.25 per share.;
stockholders arid employees.
Co.; The First Boston Corp.;
,
&
per,
are
Ellis
&
A.
E.
Masten
&
Co.;
W.
Hall
Kebbon,
Co.;
A.
M.
John
C.
Moran
Legg
&
Son &
development
and
of
common
stock
improvement
of
•
i
•
"
*
\
..
:•
&
W.
&
Peet
S.
&
Brothers
&
Stone
^
"
Co.;
v
(Inc.);
&
Co.;
&
Co.;
Lester
McAndrew
&
Co.;
Mason-Hagan,
&
Co.
Paine, Webber, Jackson &
Writer & Christensen,
Co.;
Peters,
Co.;
Seltsam
The Rapson- Davidson
Reynolds & Co.; The
Mosle
&
and
M.
Simon
&
Co.;
Smith,
Moore
&
Co.;
I.
R.
Staats
Walston,
&
Co.;
Leydecker
&
Co.;
Stern
Nicolaus & Co., Inc.; St;x & Co.;
Corp.; StroUd & Co., Inc.;
Co.; Swiss American Corp.; Thomas
Wagenseller & Durst, Inc.; G. H. Walker
Hoffman & Goodwin; Watlin-r, lerchen
Winslow.
(no
'■
'
"
par).
Co., Inc.
Douglas
&
McEvoy;
Harold
Dulles & Co.,- and Yarnall
Corp.
27,811
shares
$19.50
Price,
.
per
share.
•
v
Offered
r
*Represents issues placed privately.
tlndicates
special offerings.
tlndicates
issues
sold
competitively.
>'•*
"
'
' Vf
>.
E.
Wood
& Co.
of
common
.,*$23,751,..2
c
Stark¬
Securities
542,314 Kimberly-Clark
'
C-;
Stifel,
Investment
Co.;
Wurts,
Moreland;
Co.;% Stephenson,
Investment. Co.;
Co.;
Co.;
William
Co.;
and
Mason; Inc;5 Chas,
Shearson,
Co.,- Inc.;
Company;
Investment
&
Co.;
&
-
Shields &
Co.;
Webster
&
Sullivan
-
subscription
Newbold's
&
Smithers
weather
!
pro-
Co.;
&
Small-Milburn
The
com-
Co.; Parrish & Co.; Reynolds & Co.; Singer, Deane'
Scribner; Suplee, Yeatman & Co. Inc., and Warren
York & Co. Inc.,
Co.
Co.; .Kirkpatrick-
•
shares
Corp.;
Lathrop-Hawk-Herrick
Mason Brothers;
&
Northwest
O.
H.
Hammill
%
Unsubscribed
H.
&
McCormick
Kidder
Co.; The
'
"
•
&
Anderson;
&
Marks & Co.;
Scranton
F.
Redpath; Buckley Securities Corp.; E. W. Clark
& Co.; Blair F. Claybaugh & Co.; J. H. Drass & Co., Inc.;'
Elkins, Morris & Co.; Graham, Parsons & Co.; Green,
'
&
Co.;
Piper, Jaffray & Hopwood; Prescott, Hawley. Shepard
Co., Inc.; Prescott, Wright, Snider Co.; R. W. Press¬
W.
Underwritten by Drexel
Kidder, Peabody & Co.;
Parker
Harris,
Co.;
&
prich & Co.; Raggio, Reed & Co.;
Co., Inc.; Reinholdt & Gardner;
Robinson-Humphrey, Co.;
Rotan,
Schwabacher & Co.; Scott, Horcer
Brothers; Merrill Lynch, Pierce, Fenner & Beane;
E. H. Rollins & Sons Inc.; Stroud & Co., Inc.; Auchincloas,
!
1
&
& Co., inc.;
Foster St
Goldman, Sachs & Co.;
Co.;
&
Loeb &
Co.;
Pacific
Co.;
stock
Offered# for
«fe
Pont
The First Clevelard
Inc.;
Fitzgerald
Nongard;
Mason,
Curtis;
i
,
Lehman
•
Robert¬
Doolittle
Inc.;
gram.
v
Co.,
'
by Kidder, Peabody & Co
du
Co.;
&
Dewar,
Inc.;
ney-Ohmart Co., Inc.; »Merrill Lynch, Pierce, Fenner &
Beane; Merrill, Turban & Co.; The Milwaukee Co.; May¬
nard H. Murch & Co.; Newhard, Cook & Co.; The Ohio
Price,-
$12.50
Co.,
Inc.;
McCourtney-Breckenridge & Co.; McDonald & Co.; McKin¬
Offered for subscrip-
stockholders and employees.
offered
(Lemon
&
Investment
&
Hawaii 150,000 shares series B 5%^
stock (par $10). Purpose, construc-
Price, par.
&
Co.jrKuhn,
Inc.;
Wurts,
additions.
Bodine;
&
Crowell,
Davies &
Skaggs
Francis-I.
Co.;
■
shares of
construction
&
Dickson
Forgan
Marache
Laurence M.
&
by
.
.
$20).
Wood
':
Crouter
&'C6.; The
Co.;
(Inc.);
Co.; 1 Davis,
&
S.
Co.;
Glore,
Johnston,
.
;
6,759,724 Pennsylvania Power & Light Co. 415,983 shares of
vVv,,'-' mon stock (no par). Purpose finance1 construction
.
(par
E.
Co.
&
51,184
Co.
tion and improvements.
pre¬
all classes of common, stock
Harold
Yarnall
Purpose,
I
1
<
■
offering prices.)
$1).
cumulative
STOCKS
(Preferred
McEvoy;
and
Evans
A.
Southwest
Ketcham
Corp.; Stroud & Co., Inc.; Sullivan In¬
Swiss American Corp.; Thomas Investment"
&
R.
&
Co.
Herrman & Co.;
Hill Richards & Co.; J. J. B.
& Son; Hornblower & Weeks; Howard, Labouisse,
Friedrichs
&
Co.;
Johnson, Lane, Space
Co.,
Inc.;
1,500,000 Mutual Telephone Co.,
;
!
4%
Co..
Townsend,
Dunne-Israel
Granbery,
•
(
refunding ($15,000,0001,. capital
Price, par. Sold privately to three
'
f
&
Jones & Co.
-
Vl/.-r- '-;!
1
Purpose,
($7,500,000).
purposes
insurance
Co.
Co.;
Davis
H.
Collins
Cooley
&
Hilliard
Co.;
&
Inc.; Julien
Corp.;
Henry
Shearson,
Simon
&
Marshall;
"
Aug.
1, 1950-Aug. 1,
1961.
Purpose,
construction.
Price, 100 and interest. Offered by Edward D. Jones & Co.
*$22,500,000 Associates
&
$12.50 per share. Offered for subscription by stockholders.
Unsubscribed
(18,819) shares purchased by Edward D.
Blood, O'Fallon, Mo. first
3J/2%
serial real estate notes,
MISCELLANEOUS
Inc.;
M.
Fitch
Elworthy & Co.; Emanuel, Deetjen
Co.; Equitable Securities Corp.; Estes & Company, Inc.;
First
Moore & Co.;
Co.; William R. Staats Co.; Starkweather
639,800 Missouri Utilities
I
^
,
due
$1,890,000
Co.,
and
Company; I.
&
Arthurs,
Barrett,
Edwards & Sons;
G.
Clement
Securities
Douglas
Dulles
Precious
and
A.
Co.; Wagenseller & Durst, Inc.; G. H. Walker & Co.; Walston, Hoffman & Gocdwin; Watling, Lerchen & Co.; Wins-*
•
r
Seltsam
Stephenson Leydecker & Co.; Stern Brothers
Stifel, Nicolaus & Co., Inc.; Stix & Co.; Stone
vestment
refunding. Sold privately to Mutual Life Insurance Co.
140,000 St. Matthews Evangelical Lutheran Church of Wauwatosa,
Wis.
3J/2%-4%
first mortgage
serial bonds, due' semi¬
annually Dec. 1, 1950-Dec. 1, 1961. Purpose, construction.
Price, 101. Offered by B. C. Ziegler & Co.
i j■.'!'-i
400,000 Sisters
Co.;
Shields
Co.;
Webster
BUILDINGS, ETC.
Street
&
Co.;
Inc.;
Co.;
J. C. Bradford <fe Co.;
H. M. Bylles jy & Co.
& Sons;
Cunningham
Co.;
Pancoast;
The
Co.;
Co., Inc.; Reinholdt & Gardner; Reynolds & Co.;
&
^Securities
&
Paul
&
son
The Small-Milburn Investment Co.; Smith,
;
Swiss American
$205,000,000
; -
;
.
Offered by Union
Co.,
&
Sullivan & Co.;
Collins & Co.,
C.
DeHaven
Pressprich & Co.; Raggio, Reed & Co.; The Ranson-
Scranton
C.
Mejia;
Robinson-Humphrey Co.; Rotan, Mosle and Moreland;
& Co.; Scott, Horner & Mason, Inc.; Chas.
W.
and
Watts
Co.; Alex. Brown
Columbian
Schwabacher
Stern Brothers
Stillman, .Maynard &
St Co.; Stone & Webster Securities Corp.;
W.
&
Weedon
Davidson
Co.; Shuman, Agnew St Co.; I. M. Simon St Co.;
& Scribner; Smith, Barney & Co.; Smith,
& Co.; F. S. Smithers & Co.; William R. Staats Co.;
Deane
Baker,
(Inc.); Lee W. Carroll & Co.; Central Republic Co. (Inc.);
John W. Clarke, Inc.; Richard W. Clarke Corp.; Cohu &
R.
&
share.
per
Allyn
C.
-A.
Klima;
Bosworth,
Co.;
Brooke
Shields &
;
Corp.;
&
Co., Inc.,; Bateman, Eichler & Co.; George K. Baum &
Co.; A. G. Becker & Co. Inc.; Beecroft, Cole & Co.; Bioren
& Co.; Blair & Co. Inc.; Blunt Ellis & Simmons; Boettcher
Singer,
Co.; E. H. Schneider and Co.; Schoellkopf, Hutton
Price, $26%
par).
&
McDon¬
Merrill
(no
Securities
Kidder
M.
pari.
Lestrange
Co.; Kebbon,
A.
■
Western
Great
(no
Labouisse, Friedrichs & Co.; Jchnson,
Co.;
:
;
Sugar Co. 15.000 shares of common stock
Price, ;$16,75 per .share.
Offered by Merrill
Lynch, Pierce, Fenner &. Beane.
j
492,517 Indianapolis Power & Light Co. 20,310 shares of common
stock
(no par).
Price, $24.25 per share. Offered by Otis
& Co.
•'(>;
'
'
;
11,981,250 Kansas Gas & Electric Co. 450,000 shares of common
t251,250
waukee
*
•
Moseley & Co.
Dunne-
Pomeroy. Inc.; Schwabacher & Co.; Scott & Stringfellow; Chas. W. Scranton & Co.; Shearson, Hammill & Co.;
Poole &
.
(no par). Price, $53 per, share. Offered by Lee Higginson
Kidder, Peabody & Co., and F. S.
,
Fenner & Beanc; Merrill Turben & Co.; The Mil¬
Co.; Maynard H. Murch & Co.; Newhard, Cook &
Co.; The Ohio Co.; Pacific Northwest Co.; Paine, Webber,*
Jackson & Curtis;
H. O. Peet & Co.; Peters! Writer &
Christensen, Inc.; Piper, Jaffray & Hopwood;
Prescott,
Hawley, Shepard & Co., Inc.; Prescott, Wright, Snider Co.;
Robinson-Humphrey Co.; E. H. Rollins & Sons Inc.;
Rotan,
Mosle
and
Moreland; L. F. Rothschild St Co.;
Rowles, Winston St Co.; Salomon Bros. & Hutzler; Schmidt,
<
Blyth & Co., Inc.
1,008,272 Consolidated Rendering Co. 19,024 shares of common stock
Henry Herrman & Co.;
Hilliard & Son; Hornblower
B.
-
Pacific RR. 6'4i700 shares of com¬
Price, $28.75 per share. Offered by
par),'
'(no
stock
mon
(Inc.);
J. J.
transactions.
brokerage
1,860,125 Chicago Rock Island &
Pierce,
The
Representing New Financing
Issues Not
Co.;
drew
Price,
New York, fiscal agent.
$7,616,004 American Natural Gas Co. 634,667 shares of common stock
Kirkpatrick-Pettis Co.; Kuhn, Loeb & Co.; The
Lathrop-Hawk-Herrick Investment Co.; John C. Legg &
Co.; Lester & Co.; Laurence M. Marks & Co.; Mason
Brothers; Mason-Hagan, Inc.; Mason, Moran & Co.; McAn-
Loeb
■■
-
and Government Agency Issues
Offered by M. G. Newcomb,
par.
(Inc.); John
Central Republic Co.
& Co.;
Harris, Hall & Co.
Richards
v-r'v'
Co.
&
refunding ($56,280,000);" new money ($9,125,000).
I
Fitzgerald & Co., Inc.; Foster & Marshall; Glore,
Weeks;
Lester
.
Lane, Space & Co., Inc.; Johnston, Lemon &
Shepard
i
•
Forgan & Co.; Goldman, Sachs & Co.; Granbery, Marache
Monell & Co.; Moore,
'
.
,
Intermediate Creni'i Banks 1.35% 'Consolidated
debentures, dated Aug. 1, 1949, due May 1, 1950. Purpose,
Israel Co.; Francis I. du Pont & Co.; A. G. Edwards &
Sons; Elworthy & Co.; Emanuel, Deetjen & Co.;, Equitable
Securities Corp.; Estes & Company, Inc.;
Clement A.
Evans.& Co., Inc.; The First Cleveland Corp.; First South¬
:
,!
Dickson
S.
-
.
Gas Service, Inc., 4,000 shares 6% convertible
preferred siock, series B (par $25). Purpose, de.ray por¬
tion of purchase price of Antelope Liquid Gas Co.
Price,
$25 per share. Offered by Wagenseller & Durst, Inc., and
Farm Loan
Crouter
R.
'
r
con¬
$65,405,000 Federal
Davis &
send,
Co.
&
6%
of
Purpose, finance company
share. Oiferea by Crut-
$4 per
$420,000
Cunningham & Co. (Inc.); Davies & Mejia;- Paul
Co.; Davis, Skaggs & Co.; DeHaven & Town& Bodine; Dewar, Robertson & Pancoast;'
Co.;
H.
& Co.; Newhard, Cook St Co.;
The Ohio Co.; Pacific Northwest Co.; Paine, Webber, Jack¬
son & Curtis;
Peters, Writer & Christensen, Inc.; Phelps,
v
-
'
-
Richard W. Clarke Corp.; Cohu & Co.;
C. C, Ceilings & Co., Inc.; Julien Collins & Co.: The Columbian' Securities Corp.; Cooley & Co.; Crowell, Weedoni
S. Moseley St Co.; Mullaney,' Wells
Murch & Co.; W. H. Newbold's Son
H.
tenden
shares
80,000
Incv
(par $4).
Price,
program.
100,000 Suburban
W. Clarke, Inc.;
F.
Newburger,
air-mail
& Co.; Alex. Brown & Sons; H. M. Bvllesby & Co. (Inc.);
?
;
Mason-Hagan, Inc.; A. E. Mas-
Minsch,
Co.
&
Service,
class A stock
vertible
& Co. Inc.; BeScroft, Cole & Co.; Bipreri & Co.; Blair &
Co.; McDonald & Co.; McLeod, Young, Weir Inc.;
Lynch, Pierce, Fenner & Beane; Merrill Turben
Co.; The Milwaukee Co.;
MISCELLANEOUS
Air
$320,000 Helicopter
Inc.; Blunt Ellis A Simmons; "Boettcher and Co.;.
Bosworth, Sullivan & Co.; J. C. Bradford & Co.; Brooke
Lee
■./
Co.; Lee Higginson Corp.; John C. Legg
Brothers;
*
„
,
dividends.
Purpose, prepay bank loans,
Offered for subscription by stockholders.
jand
par
working capital.
$2,391,939
Co.
1. V
Meeds;
St
Price,
j
«
/ -
■■■
Corp. 6,000 shares 6%
cumulative preferred
$25). (Purpose, working capital.
Puce, par.
lor" subscription by stocknolders.
Underwritten
Offered
637,500 Kansas Gas & Electric Co. 100,000 shares of common
^- ' v
stock (no parb
Purpose, finance construction program.
'Ki
> i
Price, $26% per share. Offered by Union Securities Corp.;
A. C. jAllyn and Co., Inc.; Arthurs, Lestrange
Klipia;
•'
•'
Baker, Watts & Co.; Barret^ Fitch & Co., Inc.; Bateman,
iEichler As Co.^ George K. Baum & Co.;
A. 0. Bsdker
Ladenburg,
Bissell
,,,
.
(par
'
;
Corp.
Co. 5,000 shares of common stock (par
increase working capital.
Price, $11 per
subscription by stockholder.,.
.
;
for
Oirered
by The First Trust Co. of Lincoln, Neb.
300,000 Wilcox & Gibbs Sewing Machine Co. 6,000 shares of 5%
cumulative convertible preierred stock, series B ipar $50).
Kidder, Peabody & Co.; White,
Weld & Co.; Halsey, Stuart & Co. Inc;; Dean Witter &
Co.; F. S. Smithers & Co.; Moroney, Beissner & Co.; Rotan,
Mosle & Moreland;
Underwood, Neuhaus & Co.; Lovett
Abercrombie & Co.; Rauscher, Pierce & Co., Inc.; B. V.
Christie & Co.; J. R. Phillips Investment Co., Inc.; Fridiey
[6c Hessi'McClung & Knickerbocker; Eddleman-*Pollok Co.;:
Rowles, Winston & Co.; Chas. B. White & Co., and R. H.
"
;
Purpose,
stock
'
Underwritten by
holders.
■
&
Dean
L.)
•'^Nebraska.,
■
4,433,960 Houston, Lighting & Power Co. 110,849 shares of common
stock
(no
par).
Purpose,
finance expansion program.
Price, $40 per share.
Offered for subscription by stock¬
Co.;
Loeb
Co.;
&
Marks & Co.;
M.
St
American
leunance
150,000 Messenger
/
-jr}.! eroy, Inc.; Schwabacher & Co.; Starkweather & Co., and
Swiss
i
cumulative pre¬
, Outstanding
Sold privately through
Puipuce,
Farms Corp. 5,000 shares of $1.50 cumulative
preierred stock (par $15). Purpose, expansion Oi. ousiness.
price, $25 per share. Offered by T. C. Henderson & .Co.
250,000 Gate City Steel Works, Inc., 2,500 shares of 6% iirst pre¬
ferred
stock
(par
$100).
Purpose,
retire induDtedness.
Price, par.
Oirered by The First Trust Co. o. Lincoln,
program.
Price, $102,375 per share and divi¬
by Lehman Brothers; Blair & Co., Inc.;
Merle-Smith; Francis I. duPont & Co.; Farwell,
&
common
75,000 Economy
'
••
(D.
$10).
share.
Chapman & Co.; Glore, Forgan & Co.; Granbery, Marache
Hallo well, Sulzberger & Co.; Hemphill, Noyes & Co.;
A. M. Kidder & Co.; Rambo, Close & Kerner Incorporated;
E. H. Rollins & Sons Inc.; Schoellkopf, Hutton & Pom-
The Illinois Co.;
Janney Si Co.; Johnson, Lane, Space and Co., Inc.; John¬
ston, Lemon & Co.; T. H. Jones St Co.; Kaiser St Co.;
Kalman & Co., Inc.; Kean, Taylor <fc Co.; Kebbon, McCormick St Co.; A. M. Kidder & Co.; Kidder, Peabody St Co.;
Co.;
*
55,000
of
shares
50,000 shares 4%%
$2o>.
ipar
preferred stock and working capital.
HemphLl Noyes & Co. "
*' g
'
1
92,744
Co.
expansion or sales force. Price, $1.80 per
subscription by stockholders.
for
Locks Co.
stock
ferred
;
;:
Pump Co. 29,000 shares 70c cumulative preferred
$o). Purpose;, repay bank loan; Price, $10 per
Offered by Straus & Blosser.
*1,250,000 Combined
& Co.;
Co.; Bear, Stearns & Co.; A. G. Becker &
'I*
Inc.
Yager,
<
MANUFACTURING
(par
share.
Offered
dend.
Dick
Barth
J.
stock
'
*
construction
Harden;
&
Inc.;
Co.,
C.
Offered
145,000 Chicago
White, Weld & Co.; J. R. Woodhull & Co.,
Co.;
coast
Purpose,
share.
$5,000,000 Delaware Power & Light Co. 50,000 shares of 4.28% cumulative
preferred stock (par $100),
Purpose, finance
Robert W. Baird & Co.; Inc.; Baker, Watts & Co.;
& Co.;
&
Fred
•
AND
Fisheries
Atlantic
stock.
Co.
Light
&
•
'
$166,939
283,333 shares of common
stock (par $7).
Purpose, repay bank loans used fcr construction purposes. Price, $26 per share. Offered for subscription by stockholders.
Unsubscribed shares purchased
by Morgan Stanley & Co.; W. E. Hutton & Co.; Almstedt
Brothers; Robert W. Baird & Co., Inc.; Ball; Eurge &
Kraus; Benj, D. Eartlett & Co.; Bell & Beckwith; Blyth
& Co., Inc.; Alex. Brown & Sons; Gcggeshall & Hicks;
Curtiss, House & Co.; Drexel & Co.; Fahey, Clark & Co.;
Field, Richards & Co.; The First Boston Corp.; The First
.Cleveland Corp.; First of Michigan Corp.; Goldman. Sachs
& Co.; Goodbody & Co.; W. D. Gradison & Co.; GrantBrownell & Co.; Greene & Brock; Harriman Ripley & Co.,
Inc.; Hayden, Miller & Co.; Hill & Co.; J. J. B. Hilliard
& Son; Colgate Hoyt & Co.; T. H. Jones & Co.; Kidder,
Peabody & Co.; Lee Higginson Corp.; McDonald & Co.;
Merrill, Turben & Co.; Maynard H. Murch & Co.; The
Ohio Company; Paine, Webber, Jackson & Curtis; Prescott,
Hawley, Shepard & Co., Inc.; Putnam & Co.; Chas. W.
Scranton
&
Co.; Smith, Barney & Co.; Stein Bros. &
Boyce; Stone & Webster Securities Corp.; Sweney, Cartwright & Co.; Spencer Trask & Co.; Union Securities
Corp.; G. H. Walker & Co.; Watling, Lerchen & Co.; WestPower
*
INDUSTRIAL
OTHER
R. Staats Co.
William
•
»
U'' 7,366,658 Dayton
'
'
———
$48,074,806
Slocumb & Co.; Elworthy & Co.; Lawson,
Levy & Williams; Mitchum, Tully & Co.; Schwabacher &
Co.; McAndrew & Co., Inc.; Davis, Skaggs & Co., and
repay
privately through Blyth & Co., Inc.
.
Brush.
Inc.;
3x/z%
promissory notes, due July 1. 1969.
bank loans, increase working capital. Sold
Corp.
•15,000,000 Oliver
'
,
Co.
&
Loewi
through
privately
Placed
purposes.
t
1,'1959.
and associates at $28.50 per
ton & Co.
,
.
1,875,000 Coast Counties Gas & Electric Co. 75,000 shares of series
i
b 4.80% cumulative preferred stock (par $23).
Purpose,1
i
.finance construction program. Price, $26.05 per share and
dividend.
Offered by Dean Witter. & Co.J Blyth & Co.,
institutional in¬
an
,
first mortgage notes, due July
Co.
Tool
•250,000 National
'
'
Purpose,
$7,625 per share.
& Curtis; Stone &
MANUFACTURING
OTHER INDUSTRIAL AND
•$6,500,000 Consolidated Grocers Corp. 15-year 3% promissory, note.
Purpose, refunding ($3,983,000), working capital ($2,515,-
(2,947) shares purchased by Chas. W. Scran-
share.
5,850,000 Sonthern Union Gas Co. 325,000 shares of $1 cumulative
preierence common stock (par $1). Purpose, expedite and
jinance merger of . Texas Public Service Co. in Southern
Union Gas Co.
Price, $18 per, share. Offered by E. H.
Rollins & Sons Inc.; A. C. Allyn and Co.. Inc.; Allen &
Co.; Rauscher, Pierce & Co., Inc.; Coffin' & Burr, Inc.;
Central Republic Co. (Inc.); First Southwest Co.; Graham,
Parsons & Co.; W. C. Gibson & Co.; Boettcher and Co.;
Fridiey & Hess; William R. Staats Co.; Boenning & Co.;
McAnarew & Co. Inc.;
Woodard-Elwood & Co.; Cohu &
Co., and Jenks, Kirkland & to.
Price,
■0
(98,010,364
&
by stockholders.
for subscription
Offered
share.
per
Unsubscribed
■:
Watson & Co.
,
.. •
132,874 shares of common
-v.,
Gas Co.
finance construction program, etc.
Offered by Paine, Webber, Jack¬
son
Webster Securities Corp.; A. C.
Allyn & Co., Inc.; Central Republic Co. (Inc.); Hornblower & Weeks; Lee Higginson Corp.; Paul'H. Davis &
Co.* The Milwaukee Co.; First Trust Co. of Lincoln (Neb.);
Bosworth, Sullivan & Co., and Carter H. Harrison & Co.
Electric
1^1,013,164 Central
1979. Purpose, repay notes, finance
Price, l003A.and interest. Offered
by Halsey, Stuart & Co. Inc.
% - construction
*>;:'» $25
Hincks Bros & Co.; Chas.1--
& Co.;
Gaynor-Clemence
Co.;
•
due July 1,
A, 2%%,
•,»
006,000
10,000,000 Southern New Engisnd Telephone Co. ,400,000 shares of
capital stock (par $25).
Purpose.. capital purposes. Price,
unsubscribed
,
15,500,000 Worcester County Electric Co.
to
share
Rollins & Sons. Inc.;
H.
by E.
Allen & Co.; Rauscher„ Pierce &
Burr,'Inc. t
Allyn & Co., Inc.;
and Coffin <fc
C.
A.
'
Co.,
Offered
interest.
and
Price, $26.75 per share to stockholders;*$30 per
public. Offered for subscription by stockholders;
(1,660) shares offered by Smith-Ramsey &
system.
(Continued from page 3) ■ rv
•
-
100
Monday, August 8, 1949
FINANCIAL CHRONICLE
&
COMMERCIAL
1
by
&
stock
Blyth
&
Volume
170
Number 4827
THE-'. COMMERCIAL
&
FINANCIAL
.1
■
;■
■.
.
acquired
General
Corporation and
minor
State
munities
on a $1,000,000 warehouse in Mont¬
corporation, it was announced on Aug. 2, by the F. H.
Canada, Ltd., engineers and constructors. The ware¬
house will be used to store raw sugar in bulk form.—V.
156, p. 690.
Cc. cf
Minn.
Bonds—
the
The
company has called for redemption on Oct. 1, next, at 105 and
all of the outstanding 40-year 5%
guaranteed bonds due
1, 1969. Payment will be made at Agency of the Bank of Montreal,
New York,
N. Y.;: or at the option of the bearer, at the Bank of
Oct.
Montreal
in
of
V.
Montreal
Montreal
cepted),
of
in
the
at
or
Toronto,
the
main
Canada,
Dominion
branch
or. .at
of
Canada
said
of
Bank
branch
any
of
•
the
12
June—
1949
from
England.—
Net
from
Net
ry.
railway
$313,874
railway—__
income.._
$354,054
V
$359,577
$249,544
*92,855
6,047
38,510
*42,973
*129,199
Gross
from
Net
from
Net
ry.
railway—
3,564,933
3,370,961
3,197,955
955,067
931,360
695,338
380,362
312,830
286,645
87,759
v
income
"Deficit.—V.
170, p.
In
with
June—
Gross
railway
railway.'...—
from
Net
ry.
$159,088
$176,833
$195,812
$130,645
*46,971
*51,255
*24,287
*65,747
income___
*99,827
*101,846
oper.
From Jan. 1—
;
from
Gross
Net
Net
ry.
*•'
,
railway
1947
*
1946
*86,068 /J
*
'
'
>
1,062,762
*267,924
income—.
*708,418
*687,223
*625,655
170,
.CI
102.
p.
•
I Ci
-
parts
March
Operating
revenues.
expenses
Fed.
taxes
Other
at
31,
1,136,402
14,758,623
11,926,081
155,535
144,559
241,854
2,084,409
3,051,848
net
oper.
of
125,000
1,800,000
1,500,000
$520,564
$453,787
4,437
2,437
$6,204,602
137,063
$5,692,185
;
9,142
Gross
'
income
Interest &
(net)
$525,001
$456,224
and
current
;/•
•
.
Bluefield
;r
assets
of
56,444
of
$974,389
($200,000);
and
OF
CONSOLIDATED
31,'49
156,433
•<"
Balance
V.
to
2,039,558
$299,791
~
$4,302,107
$3,945,421
—_
170,
it
is
that
a
North¬
Gross
Net
J
I.
:.; u ;
k
an
by this corporation as the result of the demand created
earlier model introduced in 1948.
Built
around
one-third
a
horsepower
condensing unit, which gives
several times the capacity of other models now on the market, the new
•53F Carrier "Humidry" has a capacity for removing 34 pints of mois¬
ture
1,501,543
1,401.933
921,920
811,268
2,333,855
3,541,950
1,013,610
778,696
855,072
801,469
679,147
586,587
805,900
and
and
734,900
720,480
860,000
-
$2,152,605
21,717
$1,958,698
19,124
(Including
as much as 50 pints from the air
per day.
been designed to be safely installed in any con¬
requires merely an electric plug-in connection—
230 volt CO cycle AC—and a floor drain for moisture disposal.
dimensions
inches
18
arc
long
x
high. Net weight is 125 pounds.—V. 170,
p.
15
inches wide x
12,373
299.
•
t
^
tioned in
$1,605,684
683,169
540,606
$1,703,417
555,707
$1,452,191
$1,294,653 -$1,065,077
$1,147,709
stock
common
PURPOSE—The
in
telephone
subsidiaries
of
the
engaged
amounts of
company
comprehensive
ccnstmction programs requiring
large
capital.
During 1948 these subsidiaries made plant expenditures
approximately $4,900,000, reflecting the partial completion of a
program of rehabilitation and expansion of their properties which, if
consummated, will involve expenditures of
approximately $8,400,000
for the last nine months of
1949
and
for
the year 1950
after the
new
of construction materials on hand as of March 31, 1949.
Current
consists
principally
of
replacement,
improvements and
use
construction
extension
from
present
of
facilities
and
includes
conversion
the
to diai operation of many exchanges.
Company contem¬
that the construction program of its subsidiaries in its next
will be largely financed with subsidiary term loans which, as
stage
construction
will
progresses,
long-term
.subsidiary
will
subsidiaries
of
telephone
manual
plates
be
bonds.
be
met
Largely
The
to
refunded
extent
the
by
construction
over-all
some
by cash
issuance
of
requirements
materials
and
and
"supplies
on
hand.
The company contemplates that the balance of
financing necessary will consist of equity securities of both the
and its subsidiaries.
••■'.•,:
the
•company
.j The company has made ana,intends to make additional cash invest¬
ments
in: common
stock
of
its
telephone
subsidiaries.'.-^Additional
investments
in
conversion : from
the
time
advances
already made
apply part of the
may
common
stock
equities
of
thereto
and
•allocation
the
at
also
the
apply
proceeds
time.
its
on
and
the -year
for
made
proceeds
to
or
portion
the
It
1950
general
of these
last
31,
ON
its
on
COMMON
common
'42
'
'43
*10c
•
10c
'Initial
common
HISTORY
Dec.
30.
which,
1935,
by
Electric &
The
AND
stock
•44,
follows:
as
.
10c
under
an
name
Aug.
'48
and
in
the
45c
1944,
Sioux
Falls,
gas
changed ;,to
$0.82
in
fund
redemptions,
number
the
,
No
of Shs.
.
26,575
—-———~
26,575
from
from
1946
$310,783
34.877
20,314
*34,939
3,157
*748
2,461,952
2,561,229
2,280,083
1,772,468
1—
railway-
286.241
170,
452,595
442,947
841
48,419
income—
198,314
219,081
*138,233
103.
p.
1949—Month—1948
V:-;.
<
and excess
:
1949—6 Mos.—1948
in¬
prof¬
taxes.—_
Net
•Net
railway
oper,
rwy.
•
ineome^
'Earns,
2,964,526
—_
per
2,084,353
vi
/
sh—
com.
'Calculated
3,511,193
56,929
6,563,204
4,822,576
1,429,000
1,492,065
income—
its taxes
number
on
of
$0.61
$0.26
outstanding
shares
10,834,000 " 9,521,480
8,549,912
8,611,116
21.449,807
19,343,173
15,604,928
14,004,559
$1.95
$1.76
at
ends of respective
requirements.
? ,
.
NOTE—June, 1948, and period to June 30, 1948, net income include
(a)
net debit\,of $936,300
representing accruals for one-seventh of
possible deficiency in income and excess profits tax«es year 1939-1945,
and interest thereon to Dec. 31, 1947, less potential tax saving on such
interest; (b) net credit of $873,200 because of retroactive adjustment iu
periods after allowing for preferred dividend
v
'
from
Insurance
Unemployment
Railroad
for
rate
to
January
May,
1948, vafter allowing
for income taxes. ?
'
company's operating
revenues
for June were $25,751,405, a
decrease of approximately $5,600,000 from June, 1948.
A bituminous
coal miners' holiday in June, 1949, contributed to the decrease.
Th»
increase in the half-year's earnings is attributed to operating economies
.V
The
effected.—V:
170,
395
p.
Chicago Burlington
&
Quincy RR.- -Earnings—
1947
•
1946
'
1949 • •
,t«1948
Gross from
railway.—. $17,581,080 $19,602,131 $14,249,930 $14,093,760
1,504,132
3,297,026
Net
from railway.^—
2,775,128
5,783,522
207,978 > 1,347,21*
Net ry. oper. income
881,732
2,504,618
June—
:
:
-
,
From Jan. 1—
railway—'
from
from
11,959
Net
ry.
.—V.
—
railway.——.
income...
194.
oper.
170, p.
103,051,035 112,295,616 101,731,293
18,988,075
32,383,468 32,782,059
14,264,197
6,345,742
;?-•
15,085,830
95,044,231
27,842,773
12,959,545
:
7,972
7,972
:——u_———.—
7,972
i
—
.
31,398,846 155,194,272 158,428,058
25,751,405
revenues.
Canadian
and
S.
come
11,959
5,315
2,657
Co...———•—
395.
1947
$354,421
84,509
30,583
1948
$
Net
—_
Neb
'
Ry.- -Earnings—
$432,905
railway
oper.
Gross
:
Harrison &
$7,338,292.—V. 169,
total,
4,978
Period End. June 30—
Railway
11,959
._L«——-—.
.—,
creditors
trade
$359,805
income—.
oper.
11,959
—'
:
as secur¬
Chesapeake & Ohio Ry.—Earnings—
consolidated
in
;
& -Co.-—w-
.
(200,000 shares of no
stock
common
$1,687,298;
Carolina
Western
&
railway—
oper.
ry.
1,500,000
sh.)
'CC"'-
Curtis
&
$1,050,000;
(banks),
(est.), $53,000;
railway
'Deficit.—V.
$500,000, $400,000,
Bluefield Telephone Co., LaCrosse
by each are as follows:
purchased
$1.10
1949
30,
accounts receivable,
hand, $765,869;
on
1949
Net
the amounts of $500,000,
respectively.
Jackson
and
JUNE
SHEET,
Net
ry.
income.
171,964
377,817
railway—
15,651,659
railway.—-.
3,639,827
16,770,643
4,379,388
1,178,238
1,663,729
oper.
830,421
1946
1947
1948
$2,462,314
517,279
$2,925,240
railway-
from
from
Ry.—Earnings—
1949
■■:•■ ■•''. *'•;.
railway—
June—*•"••'
Gross
Net
.
Great Western
Chicago
$2,169,969
6,649
*331,007
$1,858,308
14,593,730
2,742,153
734,148
12,899,523
1,069,749
85,787
•
♦160,751
From Jan. 1—
Central of Georgia
1
Nebraska, including Lincoln,
S. D.
Propane air-gas is sold in Norfolk, Neb.
properties, with the exception of Columbus, were
A" '•
june—
from
Net
from
Net
Central
in the business of the distribution and sale
bonds
First -Trust Co. of Lincoln,
incorporated in Delaware
Electric & Telephone Co.,
was
(stated value $50 per
& -Weeks.————
p.
200,000
$1.37
V
from
Gross
(par $50)_———3,250,000
except sinking
The Milwaukee' Co.-—
170,
$220,861
200,000
3,937,500
Higginson". Corp.—
—V.
$165,147
200,000
BALANCE
banks
in
1949
tax,
From January
t396,653
Republic.
Paul --H. Davis
.
is engaged
Nebraska
Lee
*49
75c
Central
22,
stock
•'-»--
Homblower
-
'47
60c
•of natural gas in 40 communities in eastern
All
Central
Carter- H,
Co.
Gas
company
•
Gro-s
of
the
.—I.
and $500,000,
""'"'.T.''
dividend.
the
issuance of
the
—:
changes,
Webber,
$274,672
200,000
(no
June—
Gross
the
,
Share
was
stock of
capital
Stone*& Webster "Securities * Corp—————A. C. Allyn & Co., Inc.—.———.
———
—■
'46
t
BUSINESS—Company
amendment
„
$81,224
$0.41
Charleston
Other
Paine,
$362,861
142,000
2748.
30,000 shs.
1,125,000 shs.
30,000 shs.
tl,325,000 shs.
(par $3.50)
be
100,000
Value), $2,000,000; surplus,
par
p.
debt
shares to
1946
$439,672
165,000
$265,147
53,000
.y .yy-r
^
Bosworth, -Sullivan * &
-V
45c
'45
15c
.stock
of
*65,000 shs.
U.
of
of
use
2,375,000
65,000 shs.
V UNDERWRITERS—The names of the. underwriters and
STOCK—Company has declared and paid
——Amount per
•
the
income
-
,
.
1949.
V.
DIVIDENDS
f
after
*500,000
•>
.
$2,500,000
.
■
Net
cumulative preferred stock
additional
>
Inc.)
Century Factors,
(accounts
payable,
$91,536;
due
to
factoring departments, manu¬
facturers, jpbbers, $2,270,079; accrued wages,/taxes, commission (est.),
$61,728;"Federal income tax,
1948,' $124,651; provision for Federal
y
582,000£> :
Telephone Corp., Middle States Telephone Co, of Illinois, Southeastern
Telephone Co, and Virginia Telephone & Telegraph Co., under date
of Feb. 21, 1949, severally entered into credit agreements with Guaranty
Trust
Co. of New York,
Harris Trust and Savings Bank and First
National Bank of Chicago, under which sucli companies are entitled to
maximum
credits under certain conditions provided in
such agree¬
ments,
with final maturities of Sept. 30, 1941, as follows: Bluefield
Telephone Co.—$400,000, LaCrosse Telephone Corp.—$1,300,000, Middle
States
Telephone Co. of Illinois—$1,800,000, Southeastern Telephone
Co.—$1,500,000, and Virginia Telephone & Telegraph Co.—$1,300,000.
Since March 31,f 1949, LaCrosse Telephone Corp., Middle States Tele¬
phone Co. of Illinois and Southeastern Telephone Co. haye borrowed
under y their respective- credit
agreements the amounts of $600,000,
$400,000 and $800,000, respectively, due two years after date but with
the right to renew-to Sept. 30, 1951, bearing interest at the rate of 3% %.
per annum.
On May 27, 1949, Middle States Telephone Co. of Illinois
y retired $140,000 of debentures.
tOn April 11, 1949, Bluefield Telephone
Co...sold 17,500 scares of common stock (par $10) to an unaffiliated
Interest for a gross price of $210,000.
1
'
The
made
the
of 1949
be
months
nine
$900,000
of March
as
purposes.^
expenditures
•
issued
its-'own
for
cannot
purposes
plant
the
approximate
hand
corporate
that
during
proceeds
"
*
this
of
1,799,000
,
stock:
cumulative preferred
$500,000
Company
additional
sale
Unlimited
Unlimited ;
Unlimited
since March 31, 1949, are as follows: Central Electric &
Central Telephone Co., Bluefield Telephone Co., Middle States
Telephone Co. of Illinois and Virginia Telephone & Telegraph Co. have
by
subsidiaries.
June 1, 1974——
Gas, Co.,
temporary
net
each
estimated
will
on
the
other
for
is
properties
own
•construction materials
dividends
made
of
a
such
from
of
part
or-for
program
present
company
"i
all
be
also
may
making such additional investments in common stock
telephone subsidiaries and such-. temporary advances
may
of
be
to
net
of
time
to
or
subsidiaries
of
consolidated
funded
in
its
construction
stocks
common
common
'Material
.
,
LIABILITIES—Notesv payable
ry.
stock
>
Y., at 100%. Coupons maturing on
and presented for payment In the
y:
y
/ \
*
:
:
to future operations, $136,113; U. S. Govt, bonds
ity for Newport News, $20,000; total, $7,338,292.
V:
Net
$2.50
'
y
through operation of
1949,
1,
applicable
jyAuthorized
Outstanding
Unlimited ^y> $1,732,000
:
from
Common
1
share
per
Net
4.75%
are
of
bonds—
debt—company and subsidiaries consolidated
*$16,863,000
Preferred stock—subsidiary consolidated
—
2,500,000
Minority interest - in common stock and surplus—subsidi¬
share was made July 29 by an
jointly headed by Paine, Webber, Jackson & Cur¬
tis and Stone & Webster Securities Corp.
r
Private Sale of Bonds—The company on July 28 sold
privately an issue of $500,000 first mortgage sinking fund
bonds, series D 3%% due June 1, 1974.
Sept.
on
$2,735,773; cash surrender value life insurance, $144,054; inventories,
$2,145,781; treasury stock (1,020 shares) at cost, $9,622; land, building,...
machinery and equipment (after reserve for depreciation), $1,356,456;
;investment in mill superintendent's homes, $4,625; deferred charges
FINANCING
PRESENT
TO
cum.
aries
"lVv.-}
1947
—
outstdg.
ASSETS—Cash
,
Funded
^roup
■
fund
EFFECT
following table shows the funded debt and
company
and its subsidiaries, consolidated, after
(par $3.50) at $7,625
investment banking
per
GIVING
The
issue of Aug. 1, public offering of 132,874
our
additional shares of
.
1948
_L—
preferred stock.
men¬
v
$134,224
profit
profit
shs.
par)
.
..
Co.—Stock Offered—As
Gas
Net
Earns,
$1,977,822
additional
Central Electric
operating
♦Issued July 28, 1949.
tl65,000 shares of common stock reserved
against the exercise of the conversion privilege of the $2.50 cumulative
12 inches
-A
'
$1,676,297
/.
27,120
$1,593,310
722,131
——
have shown it to take
*534,908
1949
Prov. for Fed. taxes (est.)
$2,174,323
y
pfd. stock (par $50)
$2.50 cum. pfd, stock (stated value $50
per share)
Common stock (par $3.50)
y The new model has
venient location and
52,721
191,511
excess
(net)
skg.
812,335
-;Ty \
_
170, p. 300.
6 Mos. End. Pune 30—
deductions—
4.75%
day under room' conditions of 80 degrees and 70% relative
humidity. Under even mere severe humidry conditions, government tests
Cabinet
y-:"-.y:''
Exchange Place, New York, N.
1, 1949 should be detached
Net
income-
mtge.
283
3,727,989
Century Ribbon ;Mills, Inc.—Earnings—
a
earmngs
110,057
4,733,457
480,475
GO 1,468
47,855
The corporation will redeem
I
misc.
taxes
income
'
5,250.000
1,076,809
4,739,000
income
oper.
Sept.
4,374,641
—
per
110 cr
ry.
43
2,855,913
963,582
79,121
the sinking fund, $200,000 of its 3% sinking fund debentures. Payment
will be made at The Chase National Bank of the City of New York,
1946
1947
1947 i; . V
1946
$635,470
Central Soya Co., Inc.—Partial Redemption—
%
j
.
.
railway
'<7
railway—.
from
/1-*Deficit.—V; 170, p. 2.
of
fixtures
"
1947
$848,942
205,173
1948
$976,000
251,964
214,143
,
January 1—
from
"Net
disposed of
EARNINGS
Inc—Earnings-
1949
from
From
5,217,084
Series B, 3 J/4% >; due Nov. 1, 1969_4i._
-Series C, 3V*%, due June 1, 1974.
Series D, 314%, due June 1, 1974--,
3% skg. fund debentures—
Due Aug. 1, 1962
the market
by
a
$2,627,476
railway
$786,000
Net from railway—
138,748
Net. ry,: .oper. income—_50,250
3,003,967
taxes—'
f- .Series A, 314%, due
large capacity, semi-portable dehumidirefrigeration principle has been placed
new,
on
$2,483,788
Central Vermont Ry.
3,112,373
CAPITALIZATION,
that operates
$677,301
___
103.
p.
June—
$3,164,981
$3,521,667
_
announced
unit
$439,779
income
170,
Gross
5,395,989
u
1,566,064
Net .oper.
First
on
4,951,833
2,324,357
$14,851,588 $14,139,584 $12,436,695 $10,790,998
depreciation-
Int., 'etc.,
Carrier Corp., Syracuse, N. Y.—New Productiying
1,974,703
CONSOLIDATED
103.
p.
4,458,491
483,169
Net
780,440
stocxi
preferred
1,160,470
1,755,906
780,440
$348,249
•
—•
app.icable
4,924,758
780,529
340,750
oper.
income
-V.
Net: income———
income
Divs.
4,415,216
Com.
.<
Net
Net
•-
1,156,051
5,
Dec.
$9,049,617 $10,205,946
$1,960,047
Deducs. from gross inc._
Calendar Years
1948
1948
;
per¬
776,069
Gross
$4,234,063.
and
necessary
1949—6 Mos.—1948
1949—Month—1948
revenue—™
railway
stock of
On
since
furniture
the
than
More
$1,544,274
and
Illinois
and
29 at
inc.-
,
Telephone. Co.
Act.
Mahaffe
the
Period End. June 30—
Net
cus¬
of
of the stockholders has been called for Aug.
170, p. 395.
Operating
Toll
air-gas
common
cost
under
usual manner.—V.
income
Other
176,752
service
between
into the company,
American Utilities
total
a
j'
'
Central RR. of Pennsylvania—Earnings—
•
revenues
local
profits
other deducs.
_
ICC.—V.
acquired all of the issued and
receivable
accounts
assets
•
SUMMARY
Federal
$5,701,327
$6,341,665
of
$3,563,005.
merged
at
the company
the
operation
for
Prov.
State,
(net)
the
all
of
was
liabilities,
its
shares of
cost
a
Corp.
acquired
to
Maintenance
reserve
revenues
income
toll
cases,
propane
:
office in Jersey City.
The purpose of the meeting is
corporate changes made necessary by the company's capital
adjustment
sub¬
companies. '
total
a
with
'V '
:
company's
approve
The
100.766 Vb
at
Service
purchased
Other
i
2,032,438
2,848,891
150,000
Gas
:
Fed.
Net
Other
served
*11,265,812
Virginia,
West
some
10,741,784
*2,793,554
centage of each class of security eligible to vote on the modification
plan has approved it. In addition the plan has been approved by the
Operation—
277,143
retirem't
1949,
customers
service.
Service. Corp.
Utilities
-<$775,000)
co-t,
Operating
1949—12 Mos.—1948
•
appropriation
/;
from
telephone
provide
in
telephone
June,
A special meeting
Dakota,
North
in
claims.-;.
the
•to
telephone subsidiaries of
of March 31, 1949, served 154,970 owned telephones.
stock
•'"*
,$2,101,602 $27,899,482 $23,999,595
1,235,821
which
and,
other
12 Mos. End.
income
on
taxes
Prop,
$2,339,063
of
1,292,265
147,789
figures do not include a payment of $9,307,225
1948, to the State of New Jersey in settlement of back
l
for
natural
12.5%
1389,137
IThese
Special Meeting Aug. 29—
:
company
property,
States
lines
of
1,857
Mar.
.Operating
the
of
exchanges
electric
company
$1,538.83.
Earnings—
1949—Month—1948
tax
water property.
toll
own
own
gas,
:
Carolina Power & Light Co.
Period End. June 30—
air-gas
made
Telephone Co., and approximately 55% of the common stock
Telephone Co., at a valuation of $2,283,135.
The
of the cost of $4,234,063,
or
$1,950,927, was represented by
*769,929
oper.
*Deficit.—V.
one
*
from
221,157
*338,063
—
'Deficit.
*2,324,840
*524,028
*2,471,735
*1,501,289
gross
_
income
Net
a
three
serves
the
436,926
from
com¬
addition, the
of Farmington,
derived
was
*87,247
—*116,906
income
$18,931,718 $20,900,532
$3,887,529
*279,853
inc.I
oper.
income
end,
34
Dakota,
Southeastern
notes
*468,714
of
as
with
as
the
balance
783,685
*312,380
western
which
South
community
86%
propane
exchanges
Corp., .subject
western
*
•
1,171,079
?406,762
of
operation-; .of
1949,
from
result of this merger
a
of
*115,975
1,009,116
their
natural
outstanding
railway—i—•
from
;
;
As
1948
from
Net
Gross
1949—6 Mos.—1948
1949—Month—1948
$3,184,131
revenue
railway
Deductions
exchanges of the subsidiaries of the
American
Service
Vermont—Earnings—
1949
one
various
and
Utilities
whereby
V
31,
1946, the company acquired
1946,
Lines in
the
in
direct
from
company
of
customers
American
102.
Canadian Pacific
the
with,
State
v,. 4:
March
in
the
of
the company,
2,961,003
959,704
railway
optr.
Net
through subsidiaries operating 177 exchanges, provides
company,
tomers
9,069
From Jan. 1—
-
Philip at
system
the
•/■■/
revenues
various
for all
The
*63,711
*71,954
to
in
Period End. June 30—
Operating
and
company is provided
through interconnection with the Bell System-and with the telephone
systems operated by a number of independent telephone companies. y-
1946
*163,430
oper.
•:;•
•:
exchanges
service
1947
service
electric
service
sidiaries
-Earnings—
1948
end
west
Dakota, Minnesota, Illinois, Iowa, Wisconson,
Virginia, North Carolina, Florida and Georgia.
The
their
Gross
eastern
interconnected
Further
ended
company,
b^nreen
Canadian Pacific Lines in Maine
the business of the distribution
South
167, p. 1255.
•
gross
months
.telephone
ex¬
London,
-v
.,
The
the
Territory
(Yukon
in
the
served.
gas properties, 1.1%
from
"electric properties and .4%
interest,
Bank
at
completely
a
7
Central RR. of New Jersey—Earnings—
-
acquired from Continental Gas & Electric Corp. ;
is also engaged in
provides
company
Oi
Canadian National Ry. Co.—Calls 5%
a
consideration of $4,325,000
cash, subject to
through the acquisition of all of the outstanding
liquidation of Iowa-Nebraska Light & Power Co.
Salem
are
'(491)
7*?
small separate system, known as the Hot Springs District,
communities in the southwest section of South Dakota.
In
for this
&
from
constituting
'Work will be started this month
McGraw
CHRONICLE
"1 ',(■
■
sale of electricity in South Dakota, in a
territory comprising a com¬
paratively narrow belt which extends over one-half the length of the
Canada & Dominion Sugar Co., Ltd.—New Warehouse
real,
1,
for
the
The company
2)
page
1945
and
These securities were
Investment News
(Continued from
in
adjustments,
securities
■
...
..
ry.
3949
'
'
Gross
1947
1948
$2,665 051
96,142
$3,216,036
£09,620
*120,514
railway
$2,483,360-
.7
>
1946
$2,486,318
16,680
255,992
*210,310
16,031,542
2 665,739
1,082,516
178,745
974,646
Net
income
1'
•
from
Net
from
Net
ry.
oper
incomes—
170,
p.
•
2.
income.
oper.
s
\
i
^
*807,994
•
•
.
*
Equipment Trust Certificates—
The
railway
railway-.—;—
'Deficit.—V.
ry.
*Deficit.
From January 1—
Gross
from
from
8,362
18.989,955
Net
184,931
17,732,389
1,639,324
railway..
oper.
Ry.—Earnings—
V1
-
-*350,449
15,770,022
946,482
*155,097
trust
at
ICC
on
liability
and
26
July
in
authorized
the
company
to
assume
obligatioa
respect of not exceeding $6,150,000 2%% equipmentto be issued by the First National Bank, Chiqago,
certificates,
trustee,
and
at 99.2807% of par and accrued dividends in
procurement of certain equipment.—V. 170, p. 300.
sold
connection with the
THE
(492)
*
COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, August 8, 1949
~
Chicago St. Paul Minneapolis & Omaha Ry.—Earnings
-
RR.—Earnings—
Chicago & Eastern Illinois
railway—...
from
Net ry.
income...
oper.
P^rom Jan. 1—
Gross
Net
income—
•Deficit.—V.
170,
•■260,548
1946
■>
f
.Net
195,431
v:'.:
'■'I;1'
15,779,807
13,749,410
1,920,371
289,873
♦1,402,759
1,045,493
railway
oper.
income—
Net
from
ry.
Net ry.
^
207,886
income—
107,497
234,028
•
Gross
Net
from
Net
ry.
—V.
661,247
4,352,229
1,403,153
176,136
7o4.2.06
871,131
income—
1,531,273
672,415
215,560
?
1
Net
railway
-
ry.
an¬
from
7,300,170
876,917
4,769,070
296,520
*482,830
income—
oper.
ry.
1,248,364
317,467
rai..vay._
from
Net
Net
18,180
Net
•117,722
•260,752
Net
<■*'■•/
170, P. 3,
the
on
170,
(first
certificates
trust
equipment
2% %
1949;.—V.
trust
equipment
from
ry.
16,968,184
5,453,631
2,949,936
13,863,360
2,885,548
1,587,071
1948
1949
Net
from
Net
ry.
Net
ry.
—V.
week
1946
1947
the
3,680,701
4,008,525
2,155,218
1,797,728
2,079,729
476,578
489,961
income—
1*4 562,261 118,344,318 107,976,318
11,932,153
16,386,489
20,883,450
V 1,153,543
4,231,133
7,803,287
93,473,723
7,312,534
2,367,222
income
719,212
from
8,950,346
3,944,098
4,274,407
Net
from
Net
ry.
railway
income
oper.
•Deficit.—V.
3,506,950
3,833,424
170,
Net
from
Net
ry.
103.
p.
June—
Gross
1 r4)
1948
.
1946
From
Gross
from
Net
ry.
82,918,922
1,476,853
91,637,875
—
10,362,593
83,029,922
11,688,037
income—
oper.
"4,886,294
2,926,121
3,408,407
•Deficit.—V. 170,
74,342,059
Net
6,692,004
*78,532
43,560
6,535,892
5,522,631
633,852
352,134
355,746
4,961
13,994
from
Chicago Pump
Co.—Preferred
Blosser, Chicago,
ry.
—V.
issue has been
Transfer
oversubscribed.,.
Registrar,
&
Trust
"
Co.
all
porated
in
entered
AND
into
the
BUSINESS—The
Illinois
present
July
on
between
all
of
3,
predecessor
1909.
the
then
In
1942
stockholders
organized in Delaware
the assets of the earlier Illinois company.
company
originally
was
agreement
an
pursuant
and
was
incor¬
to
acquired
building services,
including drainage
pumps,
pumps,
water pumps,
water booster pumps,
fend fire pumps, covering the entire application
for apartment buildings,
which
all of
The
tions
of
all
sewage
dustrial
pumps
vice
of pumping
to
kinds.
swing
CAPITALIZATION,
George
GIVING
;
,r
..
.
EFFECT
TO
PRESENT
Common
*
,
'
(per -5c)
i
70c cum. pfd. stock (par $5)
1—
t% sinking jfund debs., due April 1,1969
FURPOSE—The net
to repay a
As
of
Authorized
•
\
will
proceeds
$250,000 bank loan.
$468,765
(approximately $252,050)
also
next
29,000 shs.
$468,765
will
!
;
-
few
and 1,990 shares
ENDED
of
DEC.
Net sales
Operating
$3,899,351
expenses
and
depreciation
i'
2,374,595
1,169,742
service
Net profit
from
operations..*..
(net)—.
expenses
Prov. for Federal
__
income taxes
*
.......
Gross
income for year
Total
surplus
Cash dividends
Earned
—V.
balance at beginning of year..
32,865
125,000*
170,
...
on
surplus
p.
cum.
at
end
$398,207
pfd: 'stock
of
'
from
from
ry.
;
947,173
June—
railway
railway
oper. Income
Net
ry.
$221,344
20,286
92,746,894
83,540,770
20,486,453
76,040,226
15,752,214
8,088,558
8,388,489
9,152,077
6,663,501
170,
p.
Baltimore
will
i
for
on
-
with
reach
completion
y,V:
to
Aug.
for
cubic
requirements.
cubic
of
San
8,
of
1949;
NOT
of
is
a
day,
a
expected
day
stock
that
entitled
distributed"
that
"when
share
per
Con¬
of
purchasers
to
of
such
receive
contracts.—V.
170,
Co.—Semi-Annual Statement—
1949
Net
1948
'
*$1,104,086
3,262,910
2,897,158
1
'■
'
1
bonds
and
(net)
"*■»
:
$7,355,447
$1,793,072
31,
and
1948
1947
5,055
8,838
92,427,953
special
88,976,097
(market
11,087
reserves
value
stocks and
of
4,647
bonds
———
4,619,532 Cr9,214.254
tax
income
1,824,456
105,787
1,999,993
1,999,995
declared
dividends
surplus June 30
(market quotations)
$91,333,387 $97,881,832
♦Underwriting loss.—V. 169, p. 600.
Cory Corp. (& Subs.)—Earnings—
1949
V- 1948
line
but
that
within
a
1947
1946
Not Stated
$4,473,427
$5,360,056
$3,739,001
$77,199
$0.12
330,456
$0.51
797,068
$1.23
605.975
$0.94
Six Mos. End. June 30—
after
Earnings
.•Earns,
" ■
shares of
stock.
common
profit before provision for Federal and Canadian income
six-month period ending June 30, 1949 amounted to
the comparable six-month period of 1948 the net profit
the
for
For
$123,610.
taxes
income
before
share
646,250
on
Operating
taxes,
taxes
com.
per
•Based
W.
leer
It
feet
50c
$4,092,537
stocks
Dec.
—
Federal
Cash
ser¬
serve
the
stock,
of
common
and
be
directed
common
$99,788,455 $90,778,007
(net)
•
Distributed"
July 25
on
dividend
holders
will
"when
of
the
income
sales of
on
surplus
V/ %■'?■
30,000,000
100,000,000
Ad¬
and
Alliance
Stores,
"When
a
profit
in market
cus¬
that" will
gas
for
;
,
was
$532,788.
President,
Alsdorf,
stated
that
the
reduction
operating
in
profits for the first six months of 1949 as compared to the comparble
period in 1948 was due to the decline in demand being experienced by
the entire small appliance industry at the manufacturing, wholesale
levels.
retail
and
He
that during the first quarter of
pointed out
1949
the company's
operating profit was $19,643 or 3 cents per share and during the sec¬
ond
.
1948
$157,299..
13,150
2,996
ending
quarter
June
30
stabilize
inventories
Until
:
•
'
1947-*
$147,321
8,185
5,364
$106,156
*25^738
*33,221
'
956,893
,
.
169,055'
income—
'
158,244
77,672
101,967
'
>3,160
the
profit
was
$57,556,
or
themselves
at wholesaler and
cents
9
per
retailer Jevr
838,623
*55,981
817,033
94,134
*129,453
22,063
'
•,
els.he
for
170, p. 103.
called
for
redemption
Sept.
on
-
:
22
William St., New York
N
Y
\
Co.—Weekly Output—*
Electricity output of Commonwealth Edison Co. and associated com¬
excluding sales to other electric utilities, for the week ended
July 30, 1949 showed a 3.2% increase over the corresponding week a
year ago.
Following are the kilowatthour output totals of the past
weeks
and
percentage comparisons with
1948:
1949
1948
221.479,000
214.710.000
216,364,000
217,132,000
0.4
;206,198,000
201,411,000
212,089,000
:—2.8
189,763,000
+6.1
.
30..
23
16
....
.
July
9
170, p. 395.
% Change
+3.2
years the largest sales volume for manufacturers during the
was the third and fourth quarters as appliance buying stepped
for the Fall and holiday seasons.
up
i?e£kly
kilowatt
corporation
hour
adjusted
output
to
of
show
electric
general
energy
business
of
necessity be held back
well
liquidated.
difficult
and
estimate
to
fourth
1948,
an
increase of 10,540,264
or
3.41%.
.
by
consumers
may
increase
inventories of appliances
Alsdorf stated it is quite
results for the third
until outstanding field
For
sales
this
reason,
volume and
Mr.
operating
quarters of 1949.
corporation
.
constructively
behind
activity
has
selling the features of Cory Rubberless
Brewers.
Decision
is
based
for
upon
promotion of such a daring plan on a national scale
successful results achieved in a local test campaign
of this year
staged by the corporation during April, May and June
in Columbus, Ohio.
Cory distributors and dealers are to be briefed on
details prior to Aug. 15, according to Mr. Alsdorf.
to
all
campaign
present
campaign and all administrative details modified or continued "as
the basis of such experience.—V. 169, p. 2417.
is"
on
Curtiss-Wright Corp.—Obituary—
of
territory served
for
the
week
ended
July 28,
1949,
amounted
to
319,318,333 as compared with 308,778.069 for the corresponding week
in
purchases
revealed plans for fall promotion of their re¬
cently introduced Rubberless Coffee Brewers on a "Guaranteed Against
Breakage" basis, according to J. W. Alsdorf, President.
The plan,
he said, would be the basis for an intensive Cory fall sales promotion
and advertising drive aimed at getting widespread trade and consumer
The
subsidiaries
conditions
appliance
small
Although
during the third and fourth quarters because of the seasonal pattern,
it is quite possible that this may not be reflected in increased manu¬
facturers sales and shipments because until inventories come into bal¬
ance
at
wholesaler and
retailer levels, manufacturers sales will of
plans
the
guarantee will cover all Cory
Rubberless Brewers
sold prior
to Dec. 31, 1949. At that time, the
results
of the
national program will be studied carefully and the
Commonwealth & Southern Corp.—Weekly Output—
this
to project the sales volume
again
once
According
—V.
of
difficult
third and fourth quarters. • The small *apDliance busi¬
returned to the normal seasonal patterns and in
coming
has
prewar
are
been
that it is very
commented
the
ness
year
'
•
942,406
.
1946
$126,402
6,935
;
'
*
169, p. 2640. '
The
194.
dealings
payable
record
settlement
in
deliveries
panies,
1946
22,346,099
—V.
have
July
80.546,851
income...
route
calls
said.
railway-.-— '
oper.
July
July
22,117,409
railway...
oper.
schedule
Commonwealth Edison
four
$16, 466,962 $17,419,257 $13,954,477
$13,131,193
4. 839.814
5339,299
2,686,203
2,951,646
2, 071,338
2,586,565
1,104,253
1,390,621
to
-
,
97,419
Net from
ry.
The
Young
supply all the city's
$201,058
1947
System's
1,000,000
wholesale
Columbus & Southern Ohio Electric Co.—Partial Re¬
RR.- -Earnings—
1943
its
City Bank Farmers Trust Co.. trustee,
From January 1—
Cross from railway....
Net
transportation
Sales
Grocers
the
charge
;
'
common stock of this company to be
preferred stock of The Commonwealth
to the latter corporation's amended dis¬
York Stock Exchange
Sales
Week Ended—
1949
from
Net from
Gas
through
demption-
123,924
•
Home-Owned
in
in¬
and
76,782
>
v
Independent
Total
Electric
25,820
if $226,527
the
"ex-dividend"
of
Decrease
i, next, through
operation of the sinking fund, $200,000 of first mortgage bond
3V<%
series due 1970, at 10534 and interest.
Payment will-be made at the
20,286
& Pacific
Columbia
is' serving about
railway—.
p "Deficit.—V.
1,758,830
.
$377,921
year
3.
Chicago Rock Island
Gross
197,148
201,058
the
*"1949
Net
—V.
Net
Earned surplus
to
will
From Jan. 1—
$2,932,531
+•
$355,013
—*
to
with
career
Vice-President
the
distributed"
Increase
order
years.—V. 170, p. 395.
There
Other
added
800,000
June—
common
1947
Gas
commercial
System
year.
Mr.
business
quotations)
complicated 122-day Job of converting apto natural gas on that date.
When the
31
1948
Cost of goods
Consolidated
the
main
requirements
Net
YEARS
Net
:.V
another
Gross; from railway..
Net from* railway——
Net Ty.. oper.-income—
stock.
INCOME,
be
New York,
share.
Company borrowed $250,000 from American National Bank & Trust
Co, jpf Chicago and delivered .that sum together with $468,765 in 4%
stafcing fund debentures due April 1, 1969, in exchange for all of
OF
be
declared
investment
Profit
1
domestic,
F.
4
change the preferred and the 1,990 shares of common stock for a total
td *250,000 in cash
and
$468,765 in 4%
sinking fund ^debentures.
company
next
entire
appointed
'
Inc.—Subsidiary to Sell Natural
290,000
the
degrees
Wall Street,
134,725
Columbus & Greenville Ry.—Earnings—
;
arrangements with the holders of 1,990 shares of the common stock
and all of the outstanding shares of the 3%
'preferred stock to ex¬
STATEMENT
182,753
•
said
December,"
initiate
May 31,
p% preferred stock of the
371,403
The order approving Baltimore's natural gas contract culminated a
joint effort between the Baltimore utility and Columbia that began
in 1946.
Under the contract approved by the FPC, Columbia will
these
1949,. the company had outstanding 45,080 shares of
3% preferred stock a: d 5,560 shares of common stock.
Company made
the
Net
a
while
77
of
Continental Insurance
Virginia
the
be
thenceforth
be used
V
171,258
Young,
West
Baltimore
Outstanding
107,100shs.
v;
Underwriting
388,485
about
temperature
F.,
was
396.
p.
538,602
Vice-President- in charge of Operations for the
early completion of a 26-inch, high pressure
to Rockville, Md., was being pressed.
"This line is expected to help the Washington Gss
Light Co. meet
the
increasing demand for natural gas in the nation's capital.
It
FINANCING
107,100 shs.
29,000 shs.
stock
8.
degree
week
the
of
pursuant
Co.,
upon
579,674
between
consumption
average
81
663,same
in
Gas
Co.—Exchange Ruling—
of
holders
"when
30,859
utilities.
System,
from
:
-
public
line
their plans and specifications for
disposal.-including large sewage treatment plants
Los Angeles, Boston and other major cities.
City,
other
and
with
admission
the New
been
948,349
contract
a
Currently
retail
his
been
was
1949,
the
Power
114,256
the Federal Power Commission's
service to citizens of Baltimore, Md.
gas
will
customers
at
Columbia
diffu^er equipment in
York
has
stock
247,922
complete,
territory.
tomers
the
26,
Corp.
1,327,378
manufactured
is
spent
President
was
plan,
14,779
will begin
from
The
1949
to
the
feet
Six Months Ended June 30—
approved
Consolidated
pliances
amounted
cubic
3.3%.
was
comparable
has
formerly
to
1,333,661
516,345
following
natural
order
has
who
to
$146,453
65,588
49,675
a
new
pipeline designed to step up capacities of
System's lines serving the Washington, D. C. area
on
Gas
of
temperature.
on
consideration
the
Total
speeded
gave
conversion
sewage treatment and
for New
66,147
Co., of Baltimore and the Atlantic Seaboard Corp., a
Columbia subsidiary, which
will begin by supplying 30,000,000 cubic
feet of gas a day to the Baltimore public uitility on
May 1,1950.
The company has developed a line of patented
sewage treatment and
disposal equipment which ir widely u*ed throughout the country.
A
large number of the country's major cities has included the com¬
pany's
$162,051
104,478
Light & Power
equipment
office buildings, hospitals and institu¬
hotels,
being
which
'
heating pumps,
air-conditioning
Columbia
was
Company
manufactures
and
se'ls
electrical
centrifugal
pumping
equipment for building services.
Company is one of the pioneers in
developing electric centrifugal pumps to replace steam pumps.
Com¬
pany has at present developed a complete line of pumping equipment
for
$229,552
170, p. 3.
was
in
division,
July
dividend
1946
44,722
railway
oper. income—
elec¬
-week
396.
distributed," shall
■
Construction
v
>
the
HISTORY
1947
$182,414
railway.
of
201,560,000
to
corresponding
week
same
686,500,000
decrease
a
Exchange contracts in Consumers Power Co.
such
1948
Gas Daily to Baltimore Utility—
Chicago.
'
r'
**
•
of
Flynn,
on
which
Columbia Gas System,
>
American National Bank
First National. Bank of Chicago.
agent,
extent
under
the
with
Morgan & Co,„ Incorporated, 23
Murdock
solution
103.
from
Net
Stock Offered—Straus
July 21 offered 29,000 shares 70c
on
P.
170, p.
Southern
6
485,824
From Jan. 1—
J.
T.
basis
5,081,493
1,242,647
railway
in
gas
year,
Consumers Power
*
1,208,656
from
the
convertible debentures, in engraved form, with
1949 to the maturity date,' June 1, 1963, are
ready for delivery in exchange for the temporary debentures at the
distributed
6,327,106
p.
great
week
Referring
85,625
railway
railway—
ry. oper. income...
Net
300.
p.
cumulative preferred stock (par $5) at $10 per share. The
.
£8,033
1948-
1949
Net
.
154,043
170,
for
of
$845,053
3,347
*57,015
income—
kwh.
Inc.—Output—
distribution
amounted
Food
1946
$878,590
136,248
from
Gross
v
1947
$1,030,917
197,738
railway..
oper.
of
compared
preceding
a
local
Antonio, Texas.—V. 170, p. 396.
Ry.—Earnings—
,
190,400,000
that
1949,
increase of 5.8%.
temperature
sumers
Gross
railway....
been
has
Co.,
vertising. He
Chicago and
1, 1949.—V. 169, p. 2207.
on June
_
June—
raLway
Trust
of canning and canned foods merchandising.
James D. Butchart has been named Coordinator
Colorado & Wyoming Ry.—Earnings—
1—
Jan.
from
Irving
Consolidated Grocers Corp.—Changes in Personnel—
on
income—
oper.
ry.
paid
was
with
feet,
1949
Y.—V.
N.
from
.{Net from
the
of
301.
p.
The permanent 3%
from Dec. 1,
Reid
$1,035,229
railway
"Deficit.—V.
from
railway.— $14,746,599 $17,422,612 $14,413,407 $12,456,838
4,052,328
railway.*
1,587
2,324,660
1,758,193
Net ry. oper, income.-.
483,189
2,951,020
945,843
753,395
&
share
railway
from
Net
1947
-
to
the
of
coupons
Aug. 2 took no action on
dividend usually declared at this time. The last quarterly
From Jan. 1—
Net
held
meeting
to
the
1,677,434
1949
from
Gross
Net
their
at
directors
common
Gross
Chicago & North Western Ry.—Earnings—
170,
on
Aug. 3 announced
week ended July 31,
an
the
of
now
6,024,554
2,314,944
2,568,612
income...
oper.
9,768,234
June—
railway
President
distribution
cubic
office of
8,809,492
3,089,965
Colorado & Southern
From Jan. 1—
Gross
date
„
Permanent Debentures Now Ready—
1946
$1,054,138
402,911
314,150
1947
$1,428,019
637,137
582,239
.
:
railway
railway—
divided of 25 cents per
806,636
*740,419
rai.way
position
a
that any sale of Ohio Edison Co. common
Power Co., common stock in anticipation of the
distributed in accordance with the Amended
West,
the
year,
average
170, p. 103.
The
$20,86.,810 $21,596,255 $17,812,967 $15,481,460
railway
oper.
last
Local
depends
455,575
$1,441,516
railway
from
from
Chicago Milwaukee St. Paul & Pacific RR.—Earnings
from
in
v;
compared
A.
June—
be
must
& Southern Corp., filed pursuant to the
Company Act of 1935, must be made on a
basis, unless the seller is in a position to deliver
"regular way" sale on the date delivery is due.—
a
H.
for
600,000
Collins & Aikman Corp.—No Action on Dividend—
Gross
way",
Holding
company
kwh.,
V
1948
$1,729,951
752,694
railway—
oper.
Net
of
Co.
"when
a
be
to
director.—V.
a
tricity
,.r:-
RR—Earnings—
•'-■;
1949
;;
From Jan. 1—
Gross
1C3.
p.
"regular
Consolidated Edison Co. of New York,
723,715
,
2,477,130
■
.
from
Net
have
194S
subsequently, and principal due March 1, 1950 and subsequently,
and
■'
Net
Stuart & Co. Inc., 35 Wall Street, New York, N. Y.,
designated to act as an agent to pay dividends due Sept. 1,
on
Commonwealth
against
The
-
of
income
oper.
June—
i
Edison
stock
Consolidated Cigar Corp.—New Director—
1 946
$2,458,026
526,376
290,130
.
18,945,760
C.308,429
railway
Clinchfield
Halsey,
been
the
Richard
1—
railway
from
ry.
*—v.
Dividend Agent—
Ohio
of
common
directs
stock
170, p. 396.
5
the
however,
p. 1141.
39,820,020
6,839,728
4,077,171
551,851
income
oper.
from
Gross
•Deficit;
dealings
Co.
distributed"
in
8,808,793
railway..—
of
stock
From Jan. 1—
Gross
stock
Consumers
of
Utility
v.
not revealed by
was
1947
$2,738,116
839,784
»
446.653
1948
$3,434,889
1,212,080
railway—1,042.707
From January
Gross
$796,924
of
"when
Meeds
&
the mazket,
side of
bid
1049
from
1946
$1,183,237
58,552
*123,947
9,301,118
2,154,041
925,607
93,149
income—
oper.
Bissell
stock was placed
$2,992,345
railway
from
Net
,
$1,681,012
406,522
222,700
$1,438,440
243,587
-
railway.*
1947
1948
1949
from
ry.
Louisville Ry.—Earnings—
to
Power
Cincinnati New Orleans & Texas Pacific Ry.—Earns.—
June—
&
sellers
Exchange
and
elected
441,459
admission
Consumers
basis, members of the New York Exchange have been ad¬
Public
Secondary Offering—The
—
2,513.060
Gross
June—
from
The
stock
receipt
Laird,
and
The sales price lit which the
bankers.
If figured on the
105,429
3,859,259
1,258,794
4,274,243
Chicago Indianapolis
Net
Corp.
Boston
Net
Gross
*1,538,347
July 29 they had completed a private sale for
investment of 2,000 shares common stock (par $100),
3.
p.
that
vised
the
to
and
stock on the third full business day after the
contract, in accordance with the rules of the Exchange.
12,519,919
- 226,971
389,328
sale of the shares would invoice about $6,000,000.—V. 166,
railway—
oper.
170,
14,678,886
2,159,096
15,6e4,723
1,679,715
*280,291
14,482,571
railway.:
railway
the
mrailway
fro
distributed"
nounced
$602,448
160,356
70,537
361,218
railway.
oper.
*82,896
stock
deliver
oper.
First
1946
1947
$578,801!
$835,778
$657,765
railway—-
From January 1—
,
188,877
201,716
income—
*924,652
•Deficit.—V. 170, p. 103.
Earnings—
1948
1849
from
222,087
,
Plan
Chicago & Illinois Midland Ry
Net
;
Distributions of Holdings—
on
reference
common
103.
p.
June—
from
$2,073,234
»bb,953
530,883
Ruling
With
•
$2,287,368
1—;V\:,.v-w.
from
Christiana Securities Co.
Gross
1946
1947
-
$2,813,410
*181,956
Jan.
ry.
1946
-
$2,339,269
75,791
Net
169,777
railway
:*
From
Gross
11,430,432
2,793,123
,
1949
from
from
Net
•55,374
•
June—
'Gross
$1,954,484
$2,275,225
351,942
56,861
"V
14,315,617
1,719,562
357,433
railway——i
oper.
1947
t
railway.—
from
lrom
Net Ty.
i
<
*
'
$2,761,029
488,766'
$2,L,2,883
2ul,461
'
21,445
from .railway—.-
Gross
Net
1948
1949
June—
Raymond
heart
He
attack
was
L.
on
52 years
Controller,
died
of
a
J.
Assistant
Treasurer
and
July 29 in the company's offices in Wood-Ridge, N.
Ward,
old.—V. 170, p. 203.
,
.
fc.
Volume
170
Number 4827
Dallas Power Si Light
Period End. May 31—
Operating
Operating
Federal
revenues
expenses
Co.—Earnings
1949—Month—1948
**'.
$1,184,513
-
V,
_
144,051.
Other taxes—
138,299
„_
118,500
revenues
—
1949—12 Mos —1948
•;
The
$14,162,490 $12,901,095
6,068,582
5,347,968
1,895,718
1,875,248
132,080
1,600,368
1,512,272
95,851
1,282,952
997,127
r*
"
$269,131
■
;
that
oper.
Other
income—
Gross
Net
$3,314,870
■.
has
2,619
18,472
three
$233,820
$3,333,342
665,633
$2,529,604
$2,505,752
The
as
income
60,606,
$173,214
$189,421
to
Cr6,347
8,235
4%%.
.
$2,179,277
$164,979
stock.
-
pid.
334,935
334,935
$1,484,319
common
Rights
The
remaining
headed
by
publicly
took
stock
Morgan
Closed.—V.
at
170, p.
268,113
up
offered
to
July
26.
the
283,333
for
of
them
subscription
shares
and
addi¬
of
$26
at
purchased
were
203.
Met
from
ry.
533,667
Electric
securities
owns
of
Co.
The
tEarnings
'<•
three
1947
/
voting
restrictions
that
company
Eastern
if
shares,
inequitably
system
Utilities
Associates
Blackstone
li
Gas
&
properties,
11
that
their
(1).—V.
the
(b)
(2)
Eastern
Co.
that
and
would
meet
not
the
396.
p.
The
largest
492,290
517,100
327,614
connection
20,237,469
6,380,017
photographic,
microfilming
premium record
1,049,936
26,181,245
with
The
of
,7
to
2,298,302
with
during
the
of
1,050,661
sis
cards
the
for
Veterans'
Administration
war
microfilming project,
Eastman
Kodak
undertaken by' Recordak
Co.,
completed
was
with
the
Eaton
Manufacturing
Delaware Lackawanna & .Western RR.—Earnings—
1949
1948
' 41947
1946
-
"
Wet
$6,828,678
From Jan. 1—
$7,790,298
1,173,443
__
2,114,076
501,766
$6,830,468
1,716,460
1,255,517
<;
-
Wet
railway
ui.
income^-i
from
41,445,405
7,183,130
9,938,125
3,208,292
t 4,664,297
Wet ry. oper.
—V.
39,366,803
Gross
■
-
vv
-
The
from
railway—™
railway——..
oper. income.—
-
1948
-
$5,150,596
from
Wet ry.
*
$5,744,707
455,690
965,028
•
Net
from
from
Net
ry.
due
Harris
has-called
the
for
sinking
find,
at
1969,
and
106
and
Trust
Erie
redemption
$53,000
interest.
Bank,
Savings
447,635
316,622
>,492,042
25,552,766
;
3,112,000
1,322,837
railway
______
income—_
oper.
—V. 170, p. 104.
*
-
>,400,753
.
'3,917,881
6,167,128
1,116,920
•
^
Payment
will
be
made
at
West "Monroe
115
r
•*
.
the
St.,
c
June—^;'V
;x:'rl
from
railway
railway
oper. income—
1949
Net
ry.
From Jan. 1—
Gross
>
1948
$158,727 :
from
61,707
1947
'; 60,927
104,410
33,625
$100,849
13,491
*259
26,688
67,380
"
-
from
railway—
railway—
oper. income—
1947
Fed.
.1946
1,048,384
844,493
595,517
from
290,433
468,596
372,805
110,714
Net
ry.
170,284
284,524
201,611
railway.—.
75,805,525
from railway—13,698,545
Net Ty. oper. income—_
5,292,737
170,
p.
203.
>
r/j.
.
Net
73,422,437
58,007,400
June—
Gross
ry.
railway—_
railway-
from
Net
1948
1949
from
Net
20,835,183
15,441,063
5,049,287
8,6231938
5,583,358
*1,512,825
'"
v'" "*
302.' " • '
383,361
206,924
79,078
7,648,039
6,781,175
4,474,141
2,942,123
3,064,107
1,213,254
1,640,157
1,529,111
1,646,567
613,016
From Jan. 1—
Gross
from
Net
from
Net
ry.
railway
railway—
income—
oper,
—V. 170,
203.
p.
r
1949
Net
from
Net
ry.
railway
railway-
oper.
'*
income
40,746
1947
railway
railway..
from
Net
Net
ry.
1,565,704
income
oper.
—V. 170, p.
3,282,671
on
237,526
153,126
77,518
41,965
136,199
37,291
3,364,678
1,724,575
569,127
567,451
2,947,196
1,964,565
1,479,056
777,692
520,216190,604
record
of
13,
Aug.
made on May
1949.
A
cash
pay¬
30. which was an increase
1949.
100% stock distribution made on Jan. 22, 1948, the
paid the following cash dividends on the common
last year
Feb.
May 29 and Aug. 27, 25 cents each;
27,
and
Nov. 30,
37'/2
I
170, p. 302.
three cents per share will be
distribution of
Financial
Industrial
Fund
Shares
record
of
paid Aug. 20 on all
10,
Aug.
1949.
Approxi¬
mately 1.4 cents of this distribution will be paid from realized securities
profits and the balance from ordinary income sources. Distribution
of 2% cents each were made on March 15 and June 15, this year.'
In
the
168, p. 2323.
1948,
year
a
total of 11.27
"-V;/
June—
Gross
Net
cents per share was disbursed.—
V"-Vrr; ;
ry,
of
Railway
of
America;
of
the Standard
Boshell,
O.
»
Gas
Chair-
Institute
of
Electric
&
Co.;
-
*97.382
*399,638
1—
Gross from railway—
Net from railway—
170, p.
$1,649,491
'42,717
*47,804
22,082
'
-
-
♦232,703
*24,863
•
'
15,576,955
3,532,717
1,289,227
income—
oper.
♦Deficit,—Vr
$1,701,680
$1,807,035
*196,213
income
oper.
i
: ^
16.718,437
15,186,616
14,632,281
3,827,073
2,147,488
3,371,462
1,597,658
4,098,687
■
^
.£
1949—6 Mos.—1948 '
1
2,333,367
105.
28,019,634
51,265,417
~
less
applic.
>
*
year
7.1
19,849,864
28,845,927
29,213,190
$0.86
$1.01
and
the
in
Wilson
its
decreased
54,602,339
28,845,927': 28,845,927**
J
in
to
earnings
cents
5.8
earnings
the
first'
dividends
for
last
of
$1.89
.
for
profit available
a
The
announced.
$1.6!
*
Affiliates
corresponding period
Presi¬
year,
for the first hajf of
of sales compared
dollar
per
sales dollar earned in
per
46,552,842;
28,845,92T
consolidated
resulted
year
equivalent
were
'
178,508
to
earned
cents
"These
89,254
company
this
Charles E.
this
'
v;-;»
*2,262,607
52,802,444 «80,552,842!; 99,780,847
10,500,000-' 23,500,000. 34,000,000* 45,060,000
outstdg:.:
share
than
" 3,971,533^
30,349,864 '
—
of
?
j
76,581,309"; 97,518,240
other y'r1-".;,
stock
per
with
the
first half of
1948.
•
the substantially changed condi¬
dunng the second quarter of the
year," Mr. Wilison stated.
"They resulted principally from reductions
in our selling prices and from the adverse effect on our
margins of
frequent adjustments made in our production schedules in an attempt
tions
to
with
which
maintain
but
we
reduced,
reflect
faced
were
reasonable
a
generally
balance
demand
between
for
output
certain
the
and
erratic,
products—notably
and
appli¬
equipment for industrial applications.
f'We are well along in a period of readjustment which, because of
the variety of items we
produce, is affecting our business in varying
degrees,"
Mr.
Wilson
continued.:
"We
have
a
substantial
backlog
of
orders for heavy apparatus
but in most consumers' goods items
supply has caught up with demand.
In the industry as a whole, we
expect that by the end of 1949, as compared with last year, the
ances
..
production
and
of
consumers'
goods
have
will
cut
Deen
by
at
least
!
20%
producers'
goods by about 10%.
This is an estimate based on
downward trends in such major appliance items as refriger-—
ators; ranges, and washers. •, Radio receiver sales are down—notably
present
because
television
receiver
sales
are
growing.
In
the heavy
lines,
shipments of electric generating and distribution equipment should be "
greater this year than last, but sales of equipment used primarily in
the industrial and transportation fields will be lower."—V.
107, p. 397.
New Product—
1946
1947
$3,443,189
railway—
railway
From January
ry.
1943
1949
from
from
Net
104.
Trust
Edward
1949—3 Mos.—1948 '
income-
on
months
dent
^
the
Financial Industrial Fund, Inc.—3-Cent Dividend—
A
$333,009
~
,
holders
also
was
cents paid on Feb. 25,
Following the
Net
from
distribution-
1946
$391,506
From Jan. 1—
Gross
stock,
100%
a
Florida East Coast Ry.—Earnings-
1948
$510,034
$455,848
155,380
declared
to
29
cents
the 37%
over
V.
r
June—
from
Aug.
on
of 50
ment
Detroit & Toledo Shore Line RR.—Earnings—
Gross
have
stock, payable Oct. 14 to holders of record Sept. 29, 1949. The
quarterly cash dividend of 50 cents per share, declared on June 27, is
$570,832
63,325
7,991,967
3,187,711
income
oper.
$977,482
technical
on
President
(net)_—;^2,330,230 ^1,537,027
Operations of
six
1946
1947
$1,246,293
513,093
277,353
Orr,
Investment
include
Board
Massachusetts
sales—_
&
income
Earnings
"
common
cents.—V.
$1,133,121
277,616
107,620
Bond
the
President
and
of
from
Capital shares
.
directors
company
RR.—Earnings—
Advisory
board
common
«
.
85,335,842
Falstaff Brewing Corp.—100% Stock Distribution-^
The
stock:
Detroit Toledo & Ironton
and
H.
Cabot, Vice-President of Godfrey L.
taxes
"
36,762
♦Deficit.—V.
-
Co.
James
are
Minority
&
nonconsol.
interests in net inc...
♦■■"V-.-'-
v
from
Net
payable
884,968
Net
the
Total Income
:
.1948 '
1949
ry.
Gross
1946
$150,196
--
the
of
Treasurer
15%
T';
$203,730
consultant
,\r: T
Fund
■';
Interest, divs.
sundry
r6v.
a,
Detroit & Mackinac Ry.—Earnings—
Net
Securities
Income
f
railway—— $12,610,919 $14,778,348 $12,264,420: $9,688,246
2,015,176
3,820,821'
2,514,339
60,297
oper. incomeaa.
- 679,222
884,623 i; ♦963,561
1,711,602
♦Deficit.—V. 170, p.
Gross
the
of
$
J
.
;
industry, as
industry.
gas
sales billed.—_ 390,140,988 406,803,802 801,-756,516
772,761,792
Costs, expenses & other"
'M.t-: ?:*•.'
1
*,<•.! •
Charges362,121,354 355,538^85 725,175,207 675,243,552
from- railway.*.a,;al
From Jan. 1—
.»
.
j
Net
from
Net
Net
1,228,643
Street,
..
of
companies idenwith particular empha-
related fields,
petroleum
and
gas
the
Thomas D.
on
co-trustee,
*
RR.—Earnings—
June—
Gross
512,718.-
32,766,730 : 31,515,678
7,224,756
.9,319,159
railway—.u
Federal
49
securities
gas.
the
of
of
man
Sept. 1, 1949, through
>S-of first mortgage bonds, 3%%
.
From Jan. 1—
Gross
series
*
$4,236,942
,
in
Colonial Management Associates," the investment
the Fund, has retained Ralph E. Davis, geologist and con¬
Light
Ford,
1946
690,355
1,807,045
821,922
'
1947
'
Inc.,
on
company
operation of
.Western RR.—Earnings---
1949
company by vote of
offered continuously
be
.
industry and
gas
Drectors
Trustee.
1
:
Chicago, Ili.r-V. 169, p; 2750:
Denver & Rio Grande
Associates,
invested
be
..
will
the Fund
New
D. C.,
Empire District Electric Cq.—Partial Redemption—
3,846,784
' • 1,489,607
will
Period End. June 30—
32,586.885
4,038,342
169
Assurance
59,495
8,500,131
»
in
■
investment
:•
170, p. 4.
June—
Wet
44,773,753
$2,075,723.—V.
Horace S.
and John
'
railway——
totaled
amounted
year
Cabot, Inc.;
Technology,
-
from
fiscal
Sherwin C. Badger, Second Vice-President and Financial
Secretary of
England Mutual Life Insurance Co.; Franz Schneider, Executive
Vice-President of Newmont Mining Corp., and Henry A. Wood, Jr.,
Corp., a
photo¬
382,902
'
tBased
last
the
Sub^)^^arning^
$5,400,432
841,373
Shares
Fund
the
of
and
V
open-end
an
Colonial
distributor.
general
natural
in
The
Chairmanship Remains
—
'
"reserve
P. Sedgwick, Financial Vice-President of State Mutual Life
July 29 announced that C. I. Ochs, who has been ; Co.—V. 170, pp. 303 and 204.
f; ''V;-,'
President of the company since 1925, will be Chief Executive Officer;
and that the post of Chairman of the Board, vacant since the death of
General Electric Co; (&
z
J. O Eaton in May, will not be" filled.-1—V. 169, p. 1451and 2102. -
June—
railway
from railwayry.' oper. income—
Co.
$125,000 to
"
Vacant—
The directors
Gross
with
aspects
.
Glenn H. Caley resigned as of July 31 as Director and Vice-President
General Manager of this corporation and its
subsidiary and af-
,
in
*
through
the
of
Members
and
Net
the
on
become
directors.
public
adviser
in
Dividend Program. Only the V-Mail pro¬
topped the Veterans' Administration operation
close of
liabilities
current
include
ocntingencies."
V. 168, p. 1481.
has
of
sultant
facsimile-copy project in the history of
the duplication of over 22,000,000 in¬
graphing. of VA's Central Office record, cards, in Washington,
July 23.—V. 169, p. 2641. 7
.
*
1
1 ' '
I ,
fiiiateu companies, because of ill health.—V. 170
p. 104.
from
the
tified
:
Official Resigns—
Gross
Fund
Assets
their Special
volume. The
subsidiary
was
\j
,.
,
of
which
...
substantial amount of assets.
a
its board
Co.—Microfilming Speeds Payment of
commercial
surance
6,514,117
3,398,196
of
can
standards
adjustments
on Aug. 5 announced the completion of the
offering of 400,000 shares of its common stock
through an underwriting group headed by White, Weld
& Co., with proceeds to the Fund amounting to
$6,012,000. The offering of this number of shares through an
underwriting group was a departure from the usual
method of mutual investment company financing and
will enable the Fund to begin its portfolio operations
Holding
dispose
$3.24
initial
substantial
of
while
$3.54
company
.
were
properties
loss
1779 and 377;
the
'
{
$1,159,657
Gas Industries Fund, Inc. — Sale of 400,000 Shares—
Fund Becomes Open-End Investment Company — The
dis¬
Associates
to
such
without the
$7,011,388,
at
"
1948
*$1,268,071
stock.
common
assets
pp.
Boston,
$3,182,320
3,073,455
the
of
Utilities
directed
be
ground
system
retention
170,
that
Electric
on
independent
an
(b)
1946
■
-
29,268,468
1,755,958
Section
of
recommended
Valley
gas
as
so
in
25,597,320
4,093,066
further
depreciation and year-end
to
the corporate segments of the holding company
a
part, and thereby justify its continued
standards
after
NOTE—Current
structure
its
on
common
357,912 shares of
on
.
Veterans' Insurance Dividends—
$4,338,147
"Also
per
1949
1
and income taxes—_i
share—
the year ended May 31. 1949 an appropriation
for possible inventory price declines and other
Montaup Electric™,
of the voting se¬ «,
majority
**.
,■■■;>.-
a
*
holding
noted
is
it
the
Division
gram
income—
oper.
,
1,265,544
830,102
/
under
Section
•
railway
railway——
from
ry.
Division
economies,
the
by
$5,206,683
226,072
from
Ket
Wet
the
in
Eastman Kodak
1948
r
$3,977,238
Income*.„
From Jan. 1—
Gross
—
railway™
oper.
voting
Co.
the
and
power
which
of
operated
.
1949
Wet
the
System
Electric
Utilities
Blackstone's
per
underwriters,
& Co. and W. E. Hutton & Co., and were
a
share;
Subscription books; have been
Stanley
$27%
railway
corporate
took the position that, in the holding company system
constituted, Eastern Utilities serves no useful function
unnecessarily complicates the corporate structure of
voting
The
be
shares
June—
from
all
own
Electric
River
Net income
Company Act.
Delaware & Hudson RR. Corp.—Earnings—
Gross
its
9
(The) Gamewell Co. (& Subs.)—Earnings, Etc.—
Years Ended May 31—
after charges
28
and
Eastern
system
•
15,220
offered
terminate
July
Division
existence
expired
turn
flicts of interest among
301.
stockholders
recommended
acquire substantially all of the common stock of Pall River Electric
Co., Eastern Utilities Associates might be in a position, if reorganized
on
a
one-stock basis, to sferve the
useful function of resolving con¬
Dayton Power & Light Co.—Stock Subscriptions—
The
and
Pall
and
(493)
Would Dissolve Co.r
SEC
Utilities,
registered public utility holding company,
public utility subsidiaries, .Blackstone Valley Gas &
England
unfairly. The
$1,819,254
$1,844,342
v'
share.
in
the
dissolve
to
company
of
security
of
"
tional
Utilities
CHRONICLE
to
$195,768
Balance
p.
FINANCIAL
the holding company system of which it is a
part. The Division further
slated that the complex two-class, two-preference
686,498
350,327.
&
Brockton Edison Co.
unduly
tribute
reserve-
direct
presently
and
surplus
Bal. to earned surplus
Divs. applic. to outstdg,
170,
New
Public
curities of Fall River
$3,171,385
803,738
84,779
of
direct
companies
2,905
$274,200
income
SEC
Electric Co.
$3,168,480
5,069
Int. and other deducts;.
Transferred
$231,201
Division
the
existence. Eastern
Co.
Net
-V.
COMMERCIAL
Eastern Utilities Associates—SEC
-
$1,094,443
504,909
t 130,402
514,532*
■
taxes—
Depreciation
THE
],
1
:
.
Development of what fc believed to be the first electric-powered de¬
odorizer using the dry-cake
method of vaporization has just been
;
announced
by the Y and Y Deodorizer Co., Philadelphia, Pa. '' v
Developed by General Electric Co, engineers working in conjunction
with the Y and Y Deodorizer Co., the new
"Iro" deodorizer is de¬
signed to "scent condition" lavatories, theatres, railway coaches, res¬
taurants, department stores, beauty salons, professional office*, homes,
and apartments.—V.
170, p. 397,
;
;
"
'
<
.
.
.
.
.
'
.
Dividend Shares, Inc.—Registers With SEC—
The
July 29, filed a registration statement with the SEC
covering 6,000,000 shares of its capital stock (25c par).—V. 166, p. 2750.
Dow Chemical Co.—New General Credit Manager—
.
General Motors Corp.—Plans New Canadian Unit—
Florida Power & Light Co.—Trustee—
company,
The Bankers Trust Co., New York, N. Y„
paying
series
and registrar for $10,000,000
due June 1, 1979.—V. 170, p. 303.
agent
has been appointed trustee,
first mortgage bonds, 3%
' "
UrjX
;
X. A. Chichester retired "on Aug. 1 as Assistant Secretary and General
Credit Manager.
Carl
Flying Tiger Line, Inc.- -Receives Permanent Ctf.-
A.
Gerstacker, Treasurer, also announced the appointment of
Bennett
to fill
the position of General Credit Manager.
Bennett has been Credit Manager for the plastics division since
Robert
Mr.
See Slick Airways, Inc. below.- -V.
B.
October, 1947.—V. 170,
l~Z,
p.
1
(E. I.) du Pont de Nemours & Co. (Inc.)—Listing—
trading
at
the
opening of
business Aug.
2,
1949.—V,
170,
p.
302.
June—
Gross
Dunhill International, Inc.—New
Arthur
Main/er
has been
679,111
$1,286,728
312,046
1946
$1 ,171,610
304,214
296,570
380,605
113,110
204,107
7,359,581
7,504,388
1,806,983
764,086
864,238
6,019,584
1,242,072
545,059
,652,909
1,662,027
ry.
railway
railway.
from
—V.
David
V.
A. SchtiUe. Jr., has been elected a director and Vice-President
Stephen A. Ogden has been elected Vice-President and Treasurer.—
p.
-
income—.
oper.
170,
654,340
162,148
105.
Franklin, Simon & Co., Inc.—Additional Listing—
The
166, p. 370.
New
18,000
Eastern Steel
Products, Ltd.—Earnings—Omits Div,—Z
Six Months Ended. June 30—
Net
profit
The
after
charges
and
>\ '!
income taxes
1949
$100,976
first
six months
of
1949
increased
more
than
6%
over
the corresponding period of last year, but higher wages and other in¬
creased
costs
have narrowed the profit margin
on sales.—V.
163,
1564.
....V'
of
shares
pursuant
p.
Exchange
to
an
$1
on
par
executive
Aug. 3 authorized the listing of
value common stock which are
employees
stock
option
plan.—
1787.
$120,969
Fundamental Investors, Inc.—Net Assets
directors
in the
166,
On June 30.
Higher-
Canada
as
will
General
close
be
June
of
and
builders
of
303.-
new
a
•
The
plant
will
and
subsidiary
Ltd.
of
General
The Canadian
locomotives
in
Motors
the
of
produced in
to
gas
(10.6%);
and
nublic
goods (10.4%);
utilities (10.2%).
steel or
food, tobacco, shoe, oil and gas utility fields.—V. 170,
be
known
States
.
Motors,
with
V
its
T
Subsidiary—
E. V. Rippingille. Jr., has been selected to be President and General;
Manager of a new subsidiary, General Motors Diesel, Ltd., which
will begin construction immediately of a new plant at
London, Ont.,
Canada,-for the manufacture of Diesel-electric locomotives in Canada.
Mr.
Rippingille
Electro-Motive
The
plant
railroads
was
Manager
Division, near
Canada is
in
with
modern
the
Production
year
being
the
than
plant
Diesel
until
No.
2
Aug.
established
power
of
which
General
Motors
1.
to
has
provide
been
Canadian
in
so
much
United States railroads.
Cadillac Output—
of
51,560 Cadillacs
established
units
of
Chicago,
demand in recent years among
"This
portfolio on eliminations in April, May and
metal stocks; most additions and increases were in
day and
per
General
United
President Selected for New Canadian
division.
natural
employ
materials
subsidiary will work in
Division
new
a
new
during the first
record
Manager
of
for
the
period,
the
seven
months
according
corporation's
high production level exceeds
Cadillac
to
of this
John
motor
by more than
F.
car
5,000
16,000
since the
The
previous mark for a similar period set in 1941 hhtf is more
units ahead of the highest figure for any similar period
war," Mr. Gordon said.
Buick
division
produced
234,127
cars
in
'
at
space
.
Diesel-electric locomotive
one
floor
a
July
*
t1
land
of
of
A
of
on
-
.
tract
feet
square
expansion.
the Electro-Motive
Diesel-electric
31, 1948. As of June 30, 1949, the three largest
comnanies in the
p.
"
210-acre
a
226,000
later
for
Diesel,
cooperation with
General
Fundamental's
were
by
Motors
Gordon,
portfolio groups according to industry were consumers
Most
plans
capacity of
a
1949, net assets of this Fund were $34,756,094, compared
with $32,089,825 on Dec.
petroleum
with
have
Record
vhich would
Sales
Curb
additional
issuable
V.
York
1948
on
July 29 decided to defer action on the dividend
hormally have been declared at this time and paid Sept. 1.
Quarterly distributions of 15 cents per share had been made up to
and including June 1, 1949„ A. B. Davidson, President, said that the
fcoard deems it advisable to conserve funds for working capital.
"
built,
covering
with
principal plant at La Grange, 111.
from
Schultc.
and
p.
$1,746,122
From Jan. 1—
Net
President, Etc.—
$1,625,9°0
595,664
railwayrailway..
Net ry, oper. income—.
Gross
elected President to succeed the late David
be
plant
will build locomotives for all classes of railway service.
The plant operation and the distribution of locomotives
1947
1948
1949
from
from
Net
Net
A.
will
obtained
a
immediately
announced
about 1,000 persons at capacity and will draw parts
from many Canadian sources, the announcement said.
/
168, p. 2324.
Fori Worth & Denver City Ry.—Earnings—
The Securities and Exchange Commission has approved the applica¬
tion for unlisted trading privileges on the San Francisco Stock Ex¬
change in this company's common stock. This stock was admitted to
Options have been
London, Ont.,; where
It will
*
'
This
corporation
will
begin
the
construction
Diesel-electric locomotive plant in Canada, it was
29 by C. E. Wilson, President.^
' .'T:
the first
seven
months
of 1949, a gain of 46% over the 159,670 turned out in the
comparable
period last year. July output was 33,701 cars, compread with 36,891
5
10
Une
24,378 in
and
In June
Buick
"Special"
July
in
Division
still
mobiles is
so
added
who
Skinner,
4,
July Car Output Off—
-
,
cars
passenger
254.662
produced
corporation
The
.
Gross
an^ 'rucks in
'*
!949—Month—1948
Period End. July 31—
Chevrolet—
(
17,758
166,338
234,127
6,908
51,560
55,790
1.649
2,795
30.047
1,164
18,528
2,163
—
Total
Net
159,680
sales
curtailed
3,702.494
26,610
.
41,355
railway
3,703,392
980.744
1,066,692
railway—.
p.
282,092
270,683
v
ing
2,838,541
3,111.032
800.320
280,696
N.
The
Co.,
framework
steel
of
F.-Goodrich
B.
conveyor
Vv*
458,473,576
335,565,136
Rio GRO
r
519,969
169, p, 1779,
:
:
y
this
that
be operated at
to
y
earnings
a
•
....
of"
V
Cash
1949
-
*1.
•
661,337
459,208
$ 14,456.690
24,516,000
22,040.000
3,498,383
4,722,868
1,300,600
2,260,811
15.449,000
*425,945
*1,611,219
.
,
incomer__
oper.
ry.
♦Deficit.—V.
170,
1,570,908
Northern
Great
Ry.—Earnings—?
------
.—
21,471,885
'
Govt,
U., S.
obligations
16,980,732
Drafts and acceptances-^.—3,853,402
Notes and accounts receivable (net)
17,770,512
Gross
Advances
grain
on
Inventories
1,535,191
charges
4,376,701
455,983
3,705,939
1,402,186
38,451,231
companies,
etc.—
equipment
(net).
bldgs.
Land,
Goodwill,
and
trademarks,
trade
44.422,409
.
170,
water
rights
power
Net
Net
29,330,913
Accts.
pay.
than
accrd.
and
taxes)
Accrued
Thrift
-
.'vy.;...,-A'
(other
exps.
ry.
Funded
officers
debt
Reserves
for
empls.
far
contingencies.
self-insurance——_
for
other
purposes.!
COnv.
preferred
3%i%
cumul.
($100
•Common
r
-
■
;
♦Deficit.—V.
*
stock
Capital
1,857,591
Net
from
9,600,000
9,700,000
Net
ry.
2.287,637
1,337,419
937,139
1,119,219
from
Net
^♦Represented by 1.996.172
shares
in
1948
168, p.
and
1798;
V.
1.995.172
169,
.
8,023.165
28,275,246
p.
Corp.—Weekly Output—
mS* Metric output of this corporation
ai"0Un^t
or
r
next, on
outetfnding of Oxnard
of
its securities,
each
preferred and.^even-tenths of
shares
consisting
share of
a
of-
common
one
in
exchange
share
stock.
of
application
included
in
shares
into
convertible.
See
common
the
covers
units
which
V.
but
the
170, p.
not
only the 5,250 maximum
in
shares
398.
addition
of
a
4.40%
V
1948
•
maximum
preferred
Fund, Inc.—Larger Dividend, Etc.—
July 27 declared
third quarter of
on
for
the
final of 20 cents.
a
of the Board, further announced
of July 21, 1949 were $10,876,089,
at April 7, 1949.—V. 169, p. 1668.
,7
as
for
4.40%
common
of
at
&
:
•
-
Other
7,253
1.281,833
••
"
•
495,135 *' 1,028,607
-
■
1947
'•?
—V.
435,057
579,345
.70.030
924,187
795,163
depreciation-
47,500
44,000
549,000
528,000
earnings—
k $102,390
$75;732
$1,302,268
$1,020,809
1,608
1,662
income
1
earnings
deductions
D 48,172
*
—
!___!
income
170,
'
35,720,497
9.119.540
.3.138.3L7
3 274,329
4,058,155
3,686,779
♦984,222
':
The
•
the series B.—V. 170, p. 205.
Bankers
Trust
Co.,
Light
(surviving
Co.
22.
viz:
5%
on
*>
the
v
1
170,
p.
"
■
1949—12
$25,271,961
11,385,322
9,490,402
3,633,247
3,202,974
2,086,815
253,712
211,198
'180,219
Other
Income
2,400,018
200
tax.
:
200
2.400 \
192,051
2,158,582
$498,653
$6,126,392
$5,663,389
(net)..
7,273
233,827
35,164
income
V
•
39
•;;
$514,653
$505,926'
124,993
119,228".
deductions
'$6,360,219
ri
1,569,527
-h-m .roil
Net
income
Dividends
————
applicable to
$389,660
pfd.
stock.—-
$386,698
~
$5,699,053
1,070,882
-V.
170,
p.
305.
from
rv.
acting
agent
as
to
agreement dated
merger
-!;yy!'-'.yyy;y-:"y'!y:,
..|V
-
-
'
income!—
'
' •;
'•
r
J.;/
-t'i.
'}-v,
'«■».
■
.
! •!' ■■'.•■
2.503.271
1,234,349
507,200
574,738
•
*
■
•••-
539,043
T
,
$339,695
161,339
81.853
*
1,864,297
786,712
353,323
I
2,818.089
1,299.262
1,279.541
•-
!
1946
1947
$379,169
141,540
55,039
$490,756
234.490
'107,279
\
■
income
170, p. 6.
'
2.824,177
railway.
v
1948
$428,470
168.566
" 67,971
,
railway
oper.
'
'
'
'
Kansas Power & Light Co.—Transfer Agent—
The Bankers Trust
agent
for
See
:
$4,628,171
389,588
389,588
$4,238,583
the
also
<•
.
■
■
Co., New York, N. Y.. ha: been appointed
preferred
Kansas
and
Electric
.■
••
common
-
'
•
5."
r.
M
.
transfer
!
stocks.
Co. ;-above,—V.
Power
'
170,
p.
206. Yt
•-
r
'
i< t
...
Keystone Custodian Funds, Inc.—Distribution—
.
$4,401,104
Balance
is
2,833,798
ti.i—
$4,790,692
oper.
Net
1,991,703
$514,614
2.898,966
railway
railway
from
Net
2,400
235,378
213.499
revenue
ry.
—V.
Y
235.498
the
under
•
From January 1-—
Gross
limited-term
investments—
income
Gross
;Y
from
Net
Mosi—1948
$28,604,927
Y.,
206.
*949
from
Net
* 850,050
N
Kansas Oklahoma & Gulf Ry.—Earnings—
Gross
$2,210,263
:
York,
company)
V.
1949.—See
'
interest due
*
1949—Month—1948
$2,389,012
289,185
operating
Co.—Exchange Agent—
New
preferred stocks of the Kansas Power & Light Co. (former
and Kansas Electric Power Co. surrendered in exchange
for 4V2% and 5% preferred stocks/respectively, of the Kansas Power
&
Depreciation r———
Net
$1.55
.
accept
'
the general mortgage income bonds,
inc.
$2.36
:"rf- ^ >Y
•
company)
Lighting & Power Co.—Earnings-
Fed.
-
31.329,221
9,701.912
Maintenance
of
ou
549,489
$496,239
——
-399.'v:-;' : <■" -'
p.
y"
571,168
$754,273
48,087
of common -stock (based
each period)—
$1,045,728
$1,325,441
$29,307
$55,826
Kansas Electric Power
39,107,131
8 .246.923
924,818
for
-
24,919
23,173":
$77,394
Y $103,998
1
-
366,025
*237,284
.;y'.y!;V
on
81,148
..
.
-
319,331 shares in
$4,902,577
3,910,610
466,900
Earned; per. share
1946
C'
$5,824,043
1,386.529
$6,620,607
4,263,655
24,175
oper.
Net
1949—12 Mos.—1948
$7,506,010.
$532,117
.
36,800
maint—
taxes
for
Other
♦14,580
$613,705
345,867
318,130
taxes
Net
188.518
,
10 000
present
w
Income
132.465
Del.—Earnings—
1949—Month—19,43 '
30-r-
exps.
161,981
:
1,787,931
The maximum
°| .units that will be issued is 7.500, General Telephone Corp.,
noted that the
are
Home Telephone Co.
unit
59.^05,
10,179
423.535
155,438
$6,864,779
All other taxes
The corporation has filed with the Securities
and Exchange Commisa registration statement under
the Securities Act of 1934 covering
additional 15,250 common shares. Under an
agreement dated July 5
the compapy, will acquire from Francis H.
Crosby all the 750 capital
shares
units
,
Stock
Oper.
RR.—Earnings—
-
an
number
Inc.,
1946
36 205,516
electric
revs.,
electric
;
companies, In¬
and
Investors
of
Inc.,
adjourned.
June—
,
first
whichever
1949,
15,
the three open-end
Investors
Stock
Fund.
Inc.
revenues!
Net
•
income—y,
Houston
Artiort.
in¬
Fund,
oper.
,
series A and 4 %
Prov.
Corp.—Acquisition, Etc.— /
.
493,656
Operation
for the week ended July 29,
a decrease of 856,000 kwh.r
0.7%, from the corresponding week of last
year.—V. 170, p. 398.
open-end
management
Oct.
until
or
E. Crabb, President and Chairman
June
Oper.
-
113,601,000 kwh.,
General Telephone
Mutual,
$194,928
' 1,546,406
1,797,611
•
1 ,249,169
Period End. May 31—
General Public Utilities
,
$5 685,770
railway
oper.
1,
Adviser—
interim order, On
serve
temporarily
-
106.
railway-!——
.1
1
affiliated
three
meetings
Tqtal
-
The directors have provided for the payment of the full
no par-shares in 1949; 1.995,224 no par
no par shares in 1947.—V.
169, p. 1779;
,
83,077
81,153
Interest Payment—
'
21,141,195
127,130,968 124,847,738 115,751,006
1779.
p.
for
companies,
Period End. June
1947
25,481
,'341,894
income.j^
♦Deficit.-
April
V.
-
1949
>
16,695,060 <16.692,460
ry.
9,999.500
22,147,300
8,023,160
_
170,
From Jan. 1—
9,996,900
—36,282,900
j.
1,732.119
railway.—
oper.*
from
Co.
Insurance
-
j
;
railway
Net
22,147,300
,„J
Total
4,025,564
-
$269,663
'
-r
from
Gross
stock
24,765,627
surplus
June—
Gross
2,287,637
•" 1,306,493
1,046;262
—
surplus
Earned
open-end
directors
Total
.1,087,712
—T——U—\ 9,949,300
pfd. stock ($100 par)__-;
22,147,300
1948 -
$323,813
34,985
"2,004
i
Gulf Mobile & Ohio
10.506,241
Life
from July 28 until approval or rejection of new
contracts with Diversified! by the security holders
compared with $10,164,092
as
'V-
1,264,563
,"-U_
adviser
that the. total ..assets of this Fund
RR.—Earnings—
1949' :
income—
oper.
1,453,489
pari
ctimul.
5%
-
Metropolitan
to
28
stockholders'
Prov.
ry.
...
'
general
Reserves
7,103,605
income
Net
1
9,851,566
—9,500,000
Reserve;
7,421,227
$295,755
railway
from railway—i-i-
859,834 " 1,857,608
and
17,626,786
railway
from
10.378,800
—
*
11,408,184
12,243,006
-
oper.
9,446,787 " 11,868.900
of
payable
74,303,334
4,037,075
railway—_jl—
1,701,007
taxes
accts.
Dividends
85,648,503
14,675,374
^
from
Gross
■
10.187.188
—
89,298,764
be
to
buses
.
E.
From Jan. 1-—
;
(
....
2,736,113
96,933,968
Diesel
300
some
106.
p.
from
Gross
127,130,968 124,847;738 115,751,006
LIABILITIES—
assigned
Aug. 20, 14 cents each; and Oct. 29,
Net
and
Total
3,956,125
income
oper.
June—
1,340,589
yVy'y*->':y. yy.^y'Vy!
1
V
1
names,
4,141,917
2,576,692 & 1,828,826
Green Bay & Western
1,592,622
Invests,
other
ry.
—V.
36.714,022
3.752.950
and
5,515,963
3,470,657
railway—
railway-——
from
Net
of
transit company from Mack International
to be secured by conditional purchase
bus manufacturer and
trustees of Inter¬
notes,
Iowa Southern Utilities Co. of
31,896.107
—
def'd
Net
5,419.927
18,633,773
1,522,695
etc..
Prepaid expenses
in
•
$
18,966,209
23,291,843
purchases,
(net)
5,720,270
from
by the New York P. S. Commis¬
Proceeds will be used
$4,769,873.
a quarterly dividend of 1$ cents
the current fiscal year, payable
record July 29, 1949.
This compares with
15 cents paid on May 21 and 14 tents on Feb. 21, 1949. The current
distribution is derived exclusively from net interest and dividend
income.
"
V/yy;';" ' y... v'"v-:
In 1948, the following distributions were made: Feb. 20, May 21 and
''1949
7*
1948" '
1947
h' : 1946 •
June—
^
from" railway—- $20,032,593 $19,304,910 $15,595,444 $14,017,296
;■
for
price
Aqg. 22 to stockholders of
—-—
4,534,023
21,791,175
.
:V "• 7:"-,v;
advisory
share
per
v
%
,
authorized
the
be
companies
Investors
"
5.
p.
From Jan. 1—
1947-;;
'J
originally scheduled for July 11, have been in¬
The motion states: "In view of the questions
raised
with
respect to the sufficiency of proxy
statements which
have been issued, it will be necessary to resolicit the security holders
(of the three companies) and defer the holding of the annual stock¬
holders' meeting of said companies for many days while final agree- *
ment
is being reached on the material which must be contained in«
such
proxy
statements together with the settlement of other issues
involved."—V. 169, p. 2643.
♦162,611
income—
oper.
the
The
$2,900,000
203,960
ry.
31
1948
-pw-
87,027
occurs.
173,280
Gross
assets—
249,593
announced the issuance of an
company, under which
Diversified may
investment
as
1946
$4,303,000 v $3,815,000
795 546
from railway--—N6;t ry. oper. income—
SHEET, MAY
474,432
notes
The
Corp.
July
of
vestors
1—
Gross from
railway—23,526,000
Net from railw.ay.
3.597,209
required;
BALANCE
1,759,489
purchase
between
SEC
definitely
1947
1948
1949
From January
4,489,136
$3.91
CONSOLIDATED
13.170,159
1,961,491
been
the
Ry., will
170, p. 398.
vestment
Ry.—^tearnings-^r.
$3,975,000
railway—
Net
COMPARATIVE
14,126,107
2,131,678
reorganized
the
investment
1,444,850
years, no longer
by
The
-
^Amfounti set aside .in prior
have
promissory
Truck
motion
-y
.
739.673
811,876
1.444,783
16,193,598
Investors Diversified Service, Inc.—SEC Issues Interim
'
7,313,965
4,439,223
' $5.83
25,536
-
Order Granting Co.'s Request as Investment
producer of
572,136
from
Net
1,443,871
307,442
134,737
1,369,879
of
Selective
from'railway--—
Gross
Net
2,282,946
'4,490,148
$5.11
-
share
353,686
423,642
income
agreements
—V.
plant in York, Pa., under the name of Frazer
new
June—
•
9,236,214
L
—
Common, dividends'
Earnings per common
526,208
y
106.
p.
issue
bought
'Y;
Net
13,068,057
<
2,927,100
90%
The
11,654,036
-
dividends
Preferred
783.362
7
;
trustees
to
Motor
Sells 50 % Interest in
—
Mast-Foos Manufacturing Co.,
Grand Trunk Western
40,378,538
8.996,474
•.
'
1946■i
$2,352,172
15,781,8.13
railway—.—
oper.
to. pay
Equipment Corp. D. E. Winslow, of Detroit, Mich,, and head of
Mast-Foos,- has been elected President and Treasurer
of the new
company; Mr. Frazer is Chairman; F. B. McKaig and H. S. Liddell,
Vice-Presidents; E. F. Melvedt, Secretary; and B. K. Schnell, Assistant
298,506
-1
"
-
610,053
railway
170,
sion
Farm
2,042,593
2,103,373
to the
equipment business
370,932,427
307,003,818
2,115,008
44,675,373
,
ry.
—V.
power and hahd lawn mowers, at Springfield. Mass.; Springfield, Ohio;
and Toronto, Ont., Canada. The farm equipment business will continue
551,037
depreciation of plant
—_—2,481,649
Sell., gen. and admin, expense-.;—
46,421,044
?ontribs.:. to employees' retire, sj'st.
1,683,433
'rofit sharing distribution
785,367
'rov. for Fed. & for. taxes on inc. i
6,201,952
from
Net
President and Chairman of the Board;Jon. Aug. 2
corporation has sold a 50% interest in its farm
Joseph W. Frazer,
announced
$
5~80~862
1947-
$2,362,972
$2,812,791
309,200
<
income—
national
Graham-Paige Motors Corp.
Farm Equipment Business—
Secretary gnd Assistant Treasurer.—V./170, p. 398.
2,180,970
\
—
-Earnings-
I
-
•
Prices Reduced-
the announcement said.—V.
r;i 1947
$
$
products' and services—— 410,646,564
products and services, sold- 342,078,512
r.nn octK
Provision for possible invent'y lo ses Crl,097,365
►Provision tor war conting. (Cr)___
Interest "«j
437,936
lost of
RR.
'
;
....
1943
$2,703,482
railway__;__i._
from
The
•:
3ales!af
1u
169, p. 2419.
railway—1
oper.
Net
production with accompanying reduction in cost has made
possible price reductions averaging 8% on its new puncture-sealing
tubcle'ss tire, this company announced on Aug. 1. The price cuts are
being made in spite of the fact that demand still exceeds production;
YEAR3 ENDEp JtAY 31
.
realized
and
distributed to
when security profits exceeded
/".vyy;
yv>v )
International Ry. Co., Buffalo—To Issue Notes—
Tubeless Tire
■>
1948
from
ry.
Gross
increased
of expenditures for plant and equipment, wmcn
amounted to $8,433,291.
-j
The corporation ha,; spent $25,500,000 during the past three iwcai
years for expansion and improvement of facilities.
'.
The" Lodi, Calif., package foods plant, the Los Angeles flour mill,
and the Kankakee, III., Chemoll plant were formally placed in oper¬
COMPARATIVE INCOME STATEMENT
'
;
.
,
From Jan. 1—
.
marily for financing
•"
years
1949
from
Net
cents
year
in
International Great Northern
plant at Akron, 0., was completed Aug. 1 vyith the driving of the
final rivet by John L. Collyer, President.
Four old factory buildings were razed to provide room for the belting
plant which is 317 by 180 feet and will contain 150,000 square feet.
More than 2,000 tons of structural steel were used in the framework,
.
the
been
have
taxation
June—
Gross
$5,000,000
new
a
;
.
;1
subsidiary
a
305.
p.
Stockholders have the privilege of reinvesting in additional Insurance
Group shares all or any part of the 3-cent distribution (within 3D
days, after July 29, 1949)
at a discount equal to the entire selling
Chamberlain,
Goodall
which
avoid
to
losses.
159,981
belt
amounted
during
profits
security
shareholders
516,195
5,
the
170,
amounted to 8.44 cents per share, after deducting losses on sales of
securities, occurring since inception of business in 1936, without credit¬
5,049
\
1—
opei-.. income—.
ry.
146,762
96,718 ■■■■.:
♦17,398
ago.—V.
Of the semi-annual distribution of 3 cents per share of Insurance
Group Shares made on July 31, 0.72 cents per share represented net
income (not including profits or losses from the sales of securities) and
0.59 cents represented realized net profits from the sale of securities
and 1.69 cents represented capital surplus.After giving effect to this
distribution, unrealized appreciation in the value of portfolio securities
$421,031
•
weeks
seven
Institutional Shares, Ltd.—Semi-Annual Distribution—
1948
1947"
$472,247
>
38,941
17,917 ;
1948
$601,414
$521,701
about
.
Net
earnings
2.9
Net
J
Painesville, Ohio, were not reduced when operations at Covington wera
(The) B. F. Goodrich Co.—Building New JBelt Plant—
averaged 2.8 cents on each dollar, of sales
the year previous.
Earning--, per share of common
to $5.11 as against the previous year s earnings
of «£5 83
>
*
*,,M
1 '
'
1
i*
' '
f' 4 "
•*
'w "* '
Dividends to the approximately 13.060 stockholders were paid on
all classes of stocks at the same amounts per share as a year ago.
Total dividend payments were $5,934,019.
Earnings reinvested in the
business were $5,720,017.
These reinvested earnings were used pri¬
*
Va., plant.
Florida Ry—Earnings—
&
post of Assistant to. the President of
manufacturing suits.—V. 170, p. 304.
new-high in payments to employees.
,.
,
were $410,646,564 compared with. $458,473,576
during
the preceding year.
Earnings were $11,654,036 compared with *13,068,057, and wages and salaries including retirement benefits)
$43,722,495, an increase of $1,555,696 over the preceding year
.
ation
;
commission—V.
tory and a
The
38,071
-
Ohio—Covington
Cleveland,
Corp.,
production was resumed lest week at the company's Covington,
The operations of the firm's other plants at Cleveland and
\
Controller, has been elected a director to fill
the unexpired term of Arthur H. Jones who has been transferred to the
Inc.—Annual Report—This corporation
(makers of Wheaties, Gold Medal Flour, Bisquick Sottasilk, Betty Crocker Cake Mixes, et al) in its £lst an¬
nual report to stockholders and employees on Aug. l
reported the second best earnings year in company his¬
with
316,074
Full
75,550
44,900
Goodall-Sanford, Inc.—^New Director—
General Mills,
stock
from
E.
—Vv 170, P. 397,
Total
582,260
income—
oper.
from
Net
1,249,135
1,617,701
186,776
254,662
—
-
Gro.-s
16,793
5,019
Passenger
Trucks
219, i56
railv/9v
from
38,920
381
^
3,789,011
493,768
railway-
♦Deficit.—V. 170,
88
3,921,838
731,958
'
Rayon
production
its
Again Operating at 100%—
130,693
>
gearing
'
103,034
127,823
1949
ry.
50,620
3,685
Canada—
of
Southern
from
Net
35,930
8,753
Coaches
4,292,487
June—
Gross
114,745
24,384
6,964
'
4,050,452
498,900
*
"...
.
income
170, p. 205.
Georgia
y-—,
27,029
Truck & Coach-
106,889
<
oper.
From January
33.701'
__w——-•—
Trucks
GM
—V.
609
74
s,iu-i
Cadillac
GMC
ry.
146,903
187,954
7,282
Buick
Net
Plant
52,733
income—
railway
railway——-
from
1946
$661,111
1948
$768,635
railway——
is
company
Industrial
1947
$661,488
1949
from
Net
230,294
.21,890
33,238
$1,426,162
$1,473,329
$634,507
75,607
^
railway-—
oper.
Net
Passenger —;——•—
Truck,
Gross
451,563
G20.914
'
14
1948
;
DIVISIONS
33,203
29,233
—
Pontiac—
1949
383,566
:
From Jan. 1—'
1
...
1949—7 Mos.—1943
>
69,460
109.871
Passenger
Trucks
GM
BY
VEHICLES
MOTOR
OF
PRODUCTION
Oldsmobile
Net ry.
Of the total vehicles
,
*
"$58,510
304,.-
from
from
Net
during July compared with 275,704
produced during July, 216,140 were
passenger car.: and 38.522 were trucks.
for the year to date, General Motors has produced L®t7*7M pas¬
senger cars and trucks in the United States and Canada, compared
with 1,249,135 for the same period last year.
- ,
,
.<
Canada
and
States
United
units in June.
170, P.
$1,480,462
Jan. 1 to July
14
1948
$46,260
revenues—
June—
J
' J
<
...
1948
20%—
and sales divisions for a
20% sales increase this Fall over last year in men's jewelry and belt
buckles, it was announced July 31 by Ray Hickok, President. Sales
of wallet3,
suspenders and garters this Fall should hold even with
1948, he said, and, while unit sales of belts should be higher, dollar
sales may be sightly under the corresponding period last year.—V. 170.
p. 5.
Georgia RR^-Earnings—
production.-
record
the
—V.
This
1948
1949
$54,300 i $1,531,949
Week End. July
1949
orders,
schedule calls for
that the August
-
;!
$41,767
Period—
Operating
July 31
Jan. 1 to
'
•
Operating revenues--—-
Oldswhen
production of new cars will balance the demand," he said.
Oldsmobile still has a backlog of more than 250,000 unfilled
stated- Mr.
-Week End. July 31—
*;;!;• j
1949
27,029 car£, or
according to S. E.
Manager. "The demand for new Futurainic
pronounced that it is very difficult to predict
General
Period—
v-'"'
was
than the 17,758 turned out in July, 1948,
more
Skinner,
Oldsmobile
the
!!;':!y'y:
Hick ok Manufacturing Co.—Sees Fall Sales Up
Georgia & Florida RR.—Operating Revenues—
Production was started on the new
July without interruption of assembly
1948.
during
:y;
of
Production
52%
July,
series
operations.
Monday, August 8, 1949
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(494)
-■
t;i':
-v..
•'
-
The
corporation announces a regular semi-annual distribution of 47
pershare on the Keystone income preferred stock, series "Kl,"
payable Aug. 15 to shareholders of record July 31,
1949. A similar
cents
distribution
$1.01
per
was
share.
made
on
Feb.
15,
this year. Payments in 1948 totaled
.
Volume
170
Number 4827
THE
Ten Funds Show Combined Net Assets of
Combined
June 30,
assets
net
1949,
annual reports of
The
2.
number
to
10
shareholders
the
of
of
equal to $26.84
equal to $26,93 per
period
it
the
10
the
funds
;;
reached
a
share,
Net
number
ry.
833,738
1,027,467
335,700
H 314,061
income—
1949.
31,
increased
During
from
Net
247,097
from
Net
ry.
24,050,979
number
of
24, 135,247
1,,188,785
21,691,026
2,266,616
3,467,164
*3,,456,400
♦2,338,213
to
"Deficit.—V.
shares
increased
from
357,083
at
the
end
last
of
6 Months Ended June 30—
operating
The
profit
decline
in
'N
earnings
.1
'
was
due
1949
JL
to
a
demand and reduction in selling price of
material drop in the
sulphite pulp.—V. 169,
tirement
general
Amort,
1885.
p.
$1,521,974
•
212,776
-
119,023
——
&
later
not
21,413
104,583
-
1,355,534
v
The
1
256,953
306.
p.
i
'* struct
256,958
Pipeline ; Project—
H
Power Commission on Aug/ 2 authorized Michigan-/
Pipe Line Co. and Michigan Consolidated Gas Co. to con-
■'Wisconsin
1,137,916
- -
31
Aug.
Federal
additional
Increase
pipeline
•day to
21,413
than
Connection with Michi¬
gan-Wisconsin's ' Texas-to-Michigan
Financing Arranged—H';H i .V
-1943
will
131,000
utility plant
adjustments—
of
acquis,
1949—12 Mos.
re¬
approp../
res.
their shares
tional Natural Gas Facilities in
$1,406,430 $19,227,971 $16,649,409
- * 850,654
11,390,394 ■ 9,816,747
130,296
2,079,025 i 1,870,744
—
91,871
1,204,447 .'1,075,107
823,251
—
——
deprec.
/Property
$1,031,722
surrender
to
—
'
1949—Month- -1948
'
—
Aug. 29
Irving Trust Co., One Wall St., New York, N. Y.—V. 170,
:
Michigan-Wisconsin Pipe Line Co.
Company and
Michigan Consolidated Gas Company to Construct Addi¬
.
HH
-
taxes
Other taxes
1948
$552,270
,
expenses
Federal
Ltd.—-Earnings—
t
_i
'
—.
revenues
Operating
Lake St. John Power & Paper Co.,
Operating
before
or
to the
Louisiana. Power & Light Co.- -Earnings—
f
^
it of 4% • preferred stock ac prices not exceeding $105.33 y3 per
share. The company has available for this purpose the sum of
$829,513.
Holders of preferred stock whose tenders are accepted will be notified
"810,311
170, p. 306.
Period End. May 31—
to
year
-r
to
on
21,073,870
1,358,530
income—
of
390,765 on June 30, 1949.—V. 170, p. 107.
Net
v
223,034
"2,971,657
railway—
oper.
.
assets
957,551
i
;
11
The corporation at its office, 125 West 43rd St., New
York, N. Y.,
1.1 will up to and including Aug. 22,
1949, receive tenders for the sale
$3,910,527
;
railwayJ-H
from
Gross
the
XI?:-?'
/H- J
''v'
Keystone Appreciation Preferred Stock Fund K2
were
$6,908,510, equal to $17.68 per share on June 30, 1949, com¬
pared with $3,934,151, equal to $19.42 per share, on Dec. 31, 1948. The
net
$4,235,717
-r.
1946
W.
i
$4 ,636,315
350,296
railway
oper.
(495)
H " Melville Shoe Corp.—Offers to Buy Its Stock—
1947)
1943
»
,
$4,589,329
1,068,215
railway——
'
253,469.
Total
CHRONICLE
From Jan. 1—
Dec.
shares
of
from
Net
j,
on
FINANCIAL
1949
»
from
Gross
record
new
&
Long Island RR.—Earnings—
June—
on
disclosed by the
was
Keystone Investment Bond Fund Bl increased':
per
share, on June 30,
1949,
from
$6,803,685,
months
$165,657,500
Keystone Funds at market values
at the end of June.
assets
$6,654,992,
six
the
to $165,657,500,
semiH
Keystone Funds B1 and K2, made public on Aug.;,
the
of
total of 51,828
Total net
of
amounted
COMMERCIAL
natural
the
total of
a
which,
other
among
things,
Michigan-Wisconsin's
of
under
now
facilities
gas
capacity
project;
construction,
155,000,000
cubic
Texas-to-Michlgan
27,000 000 cubic feet per:
by
feet.
The
facilities
new
will
carry
natural
-
gas
to communities in Missouri, Iowa. Wisconsin and Michiincluding the Detroit area.
Michigan-Wisconsin had proposed to increase capacity of the line
to 204,500,000 cubic feet per day,
but the Commis.-ion said that "in
-
gan,
Lake
Superior & Ishpemingr RR.—Earnings—
June—
Gross
1949
from
Net
from
Net
ry.
railway
railway
Net
1947
Inc.
1946
$541,986
$474,391
429,025
312,568
186,960
282,737
159,605
Net
ry.
railway:
railway™—.:
from
.1,565,520
V 509,325
1,755,759
686,592
,
income—
oper.
payable
Aug.
20
329,278
J
.1,337,727
463,866
245,747
.
Operating income
share
"299,365
206,960
Interest
Net
21, 1949.
J.
O.
$2,491,942
136
118
69,266
$214,642
$207,731
$3,010,829
$2,503,691
68,976
69.612
831,220
11,749
.
and
other
de¬
*
'7
reduction
in
amount
$145,666
applicable
preferred
to
$138,119
$2,179,609
$1,934,223
356,532
356,532
stock
Balance
-V.
re¬
$1,823,077
totaled
this company for
kvh., as compared
output
of
36,199,000
corresponding
week
last
the
week
with
ended
July
42,970,000
30,
kwh.
1949,
a
170, p.
Period Enu. July 31—
Sales
1949—Month--1948
$270,873
—
—V.
170,
June—
1949—7 Mos.—1943
$272,135
$1,968,683
Net
Net
205.
p.
ry.
Steel
Foundry, Lebanon, Pa.—Perfects New
Alloy Cast Steel—
Development
of
alloy
steel capable
Gross
oper.
2.—V.
Aug.
new
169,
ry.
93,733,848 102,442,898
17,036,953
14,797,691
7,638,482
92,829,105
18,867,416
8,675,686
,
Lees
Schedules—
Sons
&
H
Co.
Increases
For
of
.
:H
-,
.
corporation,
and
Carpet
He
also
said
plantv since
the
ules because of the
has just
company
more
the close of
favorable
the
:
war.
;
August
its production*sched¬
turn.—V. 170, p. 306.
Net
Net
railway—;
production
12,340
1946
$227,977
- 65,236-
•
-
then
$197,705
;
20,199
1,582,532
by
houses,
and
'.HnV'nH'
Joe
record
a
month
for
schedule, he
added,
?
to
'
based
on
a
•'
^
similar
?
'
•-*.
shift,
and
when
Net
Net
from
Net
ry.
—V.
railway
1,450,003
.327,065 '
railway—
income
oper.
68,394
,
515,405 '
490,199
,.
: ,158,748
152,999
McCormick
The
..
1949
......
railway—
from
Net
railway
L.
Net ry. oper. income...
1943
,
$668,645
$934,735
,
227,380
from
-273,872
Net
from
Net
ry.
—V.
railway-
170,
134,537
Period End. July
-51,895
3,545,712
4,364,360
3,282,333
-1,491,565
1,015,237
729,052
597,187
851,607
595,029
from
Net
ry.
railway
in
$6,061,447
—V.
170,
1,039^015
489,787
1, 564,226
1,340,358
show
drama
651,902
181,825
announced
has
entire
Aug.
on
to
29
June
the
changed
last
the
39, 004,559
36,141,641
6,395,687
7, 049,349
6,652,745
3,010,989
3, 321,931
2,910,062
this
Finance
Reconstruction
The
31,389,737
4,965,874
1,408,424
of $1,000,000,
company
announced
on
purchased
and
NBC
2—V.
"The
will
it
sponsor
television
top-ranking
as
network
television
half-hour
a
starting
Oct.
5,
weekly
it
was
C. G. Carter retires
W.
A.
Brown,
at
July
as a
of
the
Board
of
director
of
the
Liquid
Carbonic
capacity in which he has
a
Corporation
Daniel A.
a
Director.-—V.
of
Winslow
to
up
it of
pon
to
so
bonds
account
of
3
Trust
p.m.
many
at
a
the
a
loan
to
immediately.
on
Co.,
Aug.
trustee,
120
5.
receive
1949,
Brothers
of June of approximately $9,700,-
price
debt.—V. 170, p.
So
:■
5,
have
directors
record Aug.
as
V. 1C6, p. 372.
will
sealed
&
in
far
declared
an
extra
cash
dividend
all
the outstanding capital stock, payable Aug. 24 to holders of
10. This brings total payments this year to $1
share.
the company has paid a quarterly of 15 cents -m Jan,
quarterly of 25 cents and an extra of 10 cents on April 5 -»nd a
Last year a total of $1.10 per sl.^re
a
was
disbursed.—V. 170, p. 399.
:
'
ness
Shows Gain of 16.52%—
sales
total
of
New
York,
tenders
for
N.
the
part
of
Co.,
pany
Y.,
made a
Ordinary life
has shown a
Insurance
$70 157 997
sale
$7,377.—
$146,976,541
in
the first
six months,
this com-
*
new
743,060'
number
in
'
more
up
business
new
.
gain.
.
exclusive of group business, or
than at Dec. 31. Ledger assets amounting to $1,254,$40,765,732 for the year.
force
is $2,795,902,253.
paid amounted to $13,025,804 on 1934 cases, the same
first-half of last year, but with a $1,194,474 increase
amount.—V. 1G9, p. 701.
Death
:
are
in
over the same period last
19.79%. Every month this
Of the 86 agencies, 65 have
business gain of 16.52%
of $130,000,000 was up
increased sales.
or
917,390
185,148
8,121
15,661
1,010,831
938,867
2 "0.189
303,162
764,435
158,140
* 45,943 107,324
vv>. vV /'V/H
133,423
-
>
1949
.
,'
42,033
>
Ry*—Earnings—
i
:
•
-1948
•-<
-
$1,734,777
1947'-;
-
1946
$1,332,000
390.471
--
"
;$927.146
258,801
,♦140,989
194,278
103,532
tH; 48,669
9,357.829
8,654,089
2,178,586
'
:
1,625 °41.
6,541,959
V,"13,815
,
"
640,999
: 906,770
.
.
;
<
,
"325,583
,
■
1943
;
'
1947
—
1946
*-
$2,932.4,33
771,596
504,613
504,454
460,202
15,563,360
1.064,629
"343,614
14,943,627
14,311,337
301,309
1,823,376
239,870
529,566
"712,686
railway—-^
income.
*
1949
$3,309,342
_
-
,
$2,542,046
$2,473,313
392,386'., ;.
'
500,174
165,054r
railway..
'
railway
income.
oper.
"874,14Gv
,295,636
12,191,839
8.
Minnesota Mining & Manufacturing Co.
—
Secondary
secondary distribution of 11,000 shares of
common stock (no par) was effected Aug. 2 by Merrill
Lynch, Pierce, Fenner & Beane at $73% per share. Deal¬
ers discount $1.30.
Employees Share Profits—
total of $190,546
was
distributed
/
;
Aug. 3
',
to
-
.
,
employees
6,500
plants and offices located in 15 states.
This
p.
was
the
50th
consecutive
provisions
under
of
its
at 27
*-
<-
quarterly payment made by the
general
sharing
profit
com¬
plan.—V.
2422.
169,
;
.;
Mississippi Central RR.—EarningsGross
-;>•
from
Net
from
Net
ry.
Gross
Net
railway
oper.
1943
$1 3,520
77,r73.
1949
$182,3^4
33,613
7,897
railway
1947
1946
$121,972
$135,079
19,686
40,743
1,145,401
1,072,321
906,619
267,687
354,833
239,596
63,764
139,613
40,858
*
3,204
81,115
income—
railway
from
from
railway
income—
—V. 170, p. 108.
Net
ry.
terest
of °5 cents per
1949
—
Smith
fund gold cou¬
and accrued interest for the
exhaust
31,732
9,557
oper.
/
399.
quarterly of 25 cents on July 5.
t
40-year sinking
not exceeding 105%
sinking fund
on
to RFC during the first six
Evatt pointed out, such payments arising from
which the RFC held mortgages or other forms
It
1949.
year.
Broadway,
,
railway-
from
from
ry.
pany
$16,400,000
/
168, p. 848.
of first mortgage 5%
1946
$133,803
30,143
17,722
From Jan. 1—
>
year
will
Gross
Net
Vice-President finance,
Martin-Parry Corp.—Extra Distribution—
.
Empire
1947
$148,593
29,419
;:\t
:..
from
from
A
down
Mr.
items
share upon
Long Beach Gas Co., Inc.—Tenders—
The
authorized
has
Evatt,
Massachusetts Mutual Life Insurance Co.—New Busi¬
Vice-Chairman
1943
From January 1—
meeting
last
company's
With
a
income™
•' '
*.
Net. ryr oper.
the
served
Liihomat Corp., Cambridge, Mass.—New Director
Reed,
1949,
of
30,
The
director and is succeeded by R. C, Holbrook;
a
year.
,
.
788,607
•
183,659
59,996
\
'
'
.
Missouri-Kansas-Texas RR.—Files Plan to Satisfy In¬
Directors;
Jr.,
has been elected
from
the
for many years.—V. 170, p. 7.
Philip L.
yearly
that
drawn
reduction of the
28,
New
Mr. Holbrook is President and
Canadian Corp., Ltd., of Montreal,
v
the
obligation to RFC has been reduced from approxi¬
on Jan.
1, 1949 to approximately $11,900,000 on
is expected that further payments will be made
during the remainder of the year in amounts, sufficient to effect a net
The
mately
formerly Vice-President of the Compressed Gas
York, becomes Vice-President and General Manager
with headquarters in Chicago;
,
Division
of
sale
the
Committee
last
of
:>*
of liens.
Pratt, formerly Executive Vice-President, has been appointed
Finance
.
$151,117
'1
railway
June-
Following the meeting of the board of directors held
following changes in management were announced;
the
.
of
months
1G9, p. 2529.
of
week
said.
170, p. 7.
Liquid Carbonic Corp.—Management Changes—
H.
1949
•
"Deficit.—V.' 170, p.
which $3,400,000 is restricted as to use under agreement with
the RFC and the Armed Services, and $6,300,000 is unrestricted," he
000,
Juno
J.
of
October
in
7.
"We had a cash balance at the end
Clock,"
Burnell, Vice-President and General Sales Manager, and a
died at Winnctka, 111., on July 22, after an illness of several
Chairman
Net
July 29.
said
be
would not
J.
months.—V.
199
H" HH
date
Wednesday
170, p.
Substantial payments have been made
director,
compared with
306.
(Glenn) L. Martin Co.—RFC Debt Reduced—Gets $1,-
Link-Belt Co.—ObituaryEdward
stores,
201
p.
000,000 Standby Loan—
Co.—Buys "The Clock" Program—
program,
the
over
year.—V.
the loan, application for which the company
had typified earlier as not being for a need "of an urgent nature,"
company
mystery
on
Mr." Evatt
Lever Brothers
This
directors
stockho.ders
692,899
1, 331,742
35,279,796
.
Offering—A
399.
p.
operated
170,
1949,
last
$5,096,809
income—
oper.
July,
in
Wednesday in June.—V.
1946
$6, 783,333
income—
author¬
•Deficit.—V. 170, p. 108./
Gross
1949—Month—1948 > 1949—7 Mos—1948
$6,884,567 $7,383,789 $49,187,294 $49,292,083
31—
month
same
The
1947
$5,819,964
January 1—
Gross from railwayNet
from
railway
ry.
company
the
of
1948
From
Net
'
$25,000,000
8,503
railway!
oper.
Net
-Earnings-
railway
oper.
the
non¬
445,732
1949
from
for
of
under
corresponding
„' ■ 'H "■
Gross,from railway——
£,037,814
Net frpm.yailw&y%-«—- H 1,241,527:
Net rjC oper. ,'Jncome—:
410,809
Magnavox Co.—Annual Meeting Date Changed—
Lehigh Valley RR.
Net
The
3,008,563
955,483
income.
June—
Gross
shares
McCrery Stores Corp.—July Sales Declined 6.76%—
206.
p.
providing
three
and
of
.
Minneapolis St. Paul &. Sau 11 Ste.-Marie RR.—Earns.
gales__
railway
oper.
proposal
a
stock
proceeds
purposes
$156,478
income—
June^—,
'
136,931
approved
20
common
Oi
esti¬
26,195
From Jan. 1—.
;
1483.
$472,241
90,319
From January 1—
Gross
!
railway
170,-p. 8.'
June—/
1946
- $627,212
*
234,375
452,896
ry.
voting/ common * stbclt -in ' exchange^ for' each share of outstanding
common, stock.
The stated capitalization remains unchanged.—V. 168,
1947
'
July
on
snare
one
oi
of
sale
project,
the System input of subsidiaries
91,797,000 kwh., an increase of 11,-
the
Minneapolis & St. Louis
^
the
.
1949,
to
over
railway
from
Net
Md*—Split Voted—
'
'
p.
^
from
stockholders
issuance
Lehigh &. New England RR.—rEarnings—
June—
Gross
Co., Inc., Baltimore,
&
"
^ v
170, p. 7.
July 28,
amounted
13.6%,
,
1,263,917
308,635
84,116
for
the
of
Valley RR.—Earnings—
oper.
Net
.
from
¥crk
New
portion
January 1—
>
^
its
400.
GrosS "from,
From Jan. 1—
Gross
ry.
From
of
*,
finance
168, p. 2121.
-
from
is employing • more than 3,150
company achieves all* possible
the
the
Utilities, Inc.—Weekly Input—
ended
or
p.
from
Net
increase
>
week
kwh,
Co.
'/■>■
will
$3,438,000, from a part of the
recently sold for this and other
corporation
170,
Insurance
H/H
the SEC.—V.
Midland
operations it plans to expand to a second shift and
third to keep up with the increasing demand for the houses.
a
cost
the
Life
bonds.i
Consolidated
from
Gross
Senior Vice-President.
dealers in 14 States, sent
to
is
'
said the company
alsn
Mutual
in
June—
the
Tucker,
shipped
increase
Michigan-Wisconsin
area,
and appurtenant facilities.'
authorizing the fac litres directed Michigan-
Gross from railway/—-l
the. installation and try-out of more than
$1,461,210
$15,000,000 worth-of specially designed machinery in its 1,100,000-: yi Net from railway^.—™' *
115,273
> square-foot plant at Columbus, Ohio; Mr. Tucker said.—V. 170, pi 399.
/ Net ry. oper. income,—
11,123
1,066
1,718,481
week
would
market
order
The company has completed
29,891
34,129
•
Tucker
persons on one
economies in its
1947
$280,853'
Hi 91,279
55,375
income-1-
oper.
1948
:
$240,085
railway_Li___
from
ry.
1949;.
v;
from
42
to
this
—V.
Lehigh & Hudson River Ry.—Earnings—
June—
,,
Gross
the
in sales compared with July. •
Mr.
.
announced
v/as
said
record
a
total shipments for the week ended July 30 over the 100 mark. He said
the company's sales for July were 50%. higher
than sales in June,'
which exceeded sales in May
by a similar margin. The company's
increased
business
Tucker
Mrt
Joseph L. Eastwick, President, on July 29 pointed, out that the com¬
has spent $9,000,000 in capital assets for improvements to its
pany
Yarn
it
up
the
048,000
—V.
chalked
30
which
gas to the National Utilities Company of
Gas and Electric Company, and Iowa Electric
a.l .intervenors in the proceeding, *or resale in certain Iowa
debentures
ization
170, p. 107.
July
on
Production
units
compressor
has sold $22,000,000 in common stock to its parent, Ameri¬
and Traction Co.
(now American Natural Gas Co.), and
entered' into agreements
with
the
Metropolitan Life Insurance
and
In
A record shipment of 42 porcelain enameled all-steel Lustron houses
(James)
.
of
Light
mated
80,058,320
11,587,726
5,755,824
9,076,628
Lustron Corp.—Sets Sales Record—
804.
p.
1946
its
in
gas
Middle South
income
oper.
of
Commission's
Michigan
-.
railway
railway—
from
Net
—V.
■
from
Net
of
fulfilling extraordinary
engineering requirements of sub-zero service at operating temperatures
as
low as —423 degrees
Fahrenheit, was announced by this company
a
1947
:
of
horsepower from 15,600 to 21,600.
Consolidated, which will receive from
$66,000,000
$14,941,791 $18,790,998 $15,241,903 $13,615,108
2,013,107
4,544,874
1,800,255
2,780,^7
income—
1,022,681
2,719,153
1,355,465
923,925
From Jan. 1—
Lebanon
1948
,
.
capacity
SEC,
has
railway
railway
from
the present
available
be
sales
requirements in excess of tno-e sippded to it under con¬
Panhandle Eastern Pipe Line Company, was authorized to
additional facilities in the storage fields, pipelines for dis¬
Company,
can
RR.—Earnings—
1949
.
from
Gross
$1,859,473
year
in
is
will
Wisconsin to supply natural
Co.
Louisville & Nashville
Lamston, Inc.—July Sales Slightly Lower—
there
there
gas
by
The
the
sales to other utilities,
period.—V.
than
that
and Michigan communities now served with manufactured or mixed
gas.
To finance the project, Michigan-Wisconsin,
under authorization of
the
for
proof
conclude
providing
the
proposed
for such a period."
Michigan^ Michigan
:>
decrease of 15.7%.
After excluding
local sales increased 15.3% in the corresponding
399.
year,
per
installation
tribution
he said.—V. 1G9, p. 7.
(M. H.)
and
tract
>
Louisville Gas & Electric Co. (Ky.)—Weekly Output—
to
of
Michigan-Wisconsin facilities authorized by FPC include substitution
24-inch pipe for the 26-inch
pipe previously authorized between
Hugoton Field in Texas and the "Wisconsin Junction" near Millbrook,
natural
'
$1,577,606
169, p. 2753..
Electric
Mcf
Michigan
income
conclusive
more
unable
capable
of
construct
slackened consumer demand in the industries using
gray
iron
castings and lower earnings resulting from keen competition for avail¬
able business. Under the circumstances,'directors believe it advisable
to conserve working capital to complete the
cost-reducing plant im¬
provement program scheduled for the 1949 fiscal year, and to defray
the cost of further improvements in facilities contemplated for next
year,
of
are
compressor
.
President, stated that the
we
reserves
111.;
(net)
...
Ostergren,
absence
74,653,000
569,463
(net)
income
Dividends
flects
on
$2,941,563
dividend of 25 cents per share,
a
of record Aug. 8. The previous pay¬
May 23, 1949, the same rate as paid on
on
$207,613
•
Gross
stockholders
per
income
$214,506
581,156
"192,731
ductions
July. 28 declared
to
ment was 35 cents
Feb.
the
5
gas
Lakey Foundry & Machine Co.—Smaller Dividend—
on
$2,491,937
record,
•Deficit;.—V. 170, p. 7.
The directors
$2,941,563
-
138,277
Other
from
Net
$207,613
--
leased
—
.
From Jan. 1—
Gross
$214,506
revenues™
plant
159,436
248,560
oper.
from
others
to
$323,705
income___
oper.
1948
$643,657
claims
as
in the
on
Adjustment Mortgage Bonds—
•)-
-
July 25 filed application with the Interstate Com¬
merce
Commission seeking approval of a pian for satisfying interest
accumulations on its adjtt tment mortgage bonds, according to R. J.;
Morfa, Chairman of the board.
The application is filed under Sect'on 20 (b) of the Interstate Com
merce
Act, Mr. Mdrfa said. -Interest accumulations involved aggregate
$350 per $1,000 bond.
The
plan submitted to the ICC on July 25 is substantially the
same
as
the one outlined to bondholders last April, Mr. Morfa said.
At that time bondholders were asked for an expre.sion of their vmws
as
to whether the plan would be acceptable.
An overwhelming ma¬
The
company
on
jority of the responses received
proposed plan were acceptable.
-
indicated
-
that
the
terms
of
the
-
for the issuance of
debentures
to be secured bv a lien on tb» pronerty covered by the
adjustment mortgage
but junior to it; the original plan proposed
issuance" of unsecured debeentures.
Additionally, the plan before the
ICC provides that a sinkrng fund for retirement of secured debentures
wou'd become operative in 1950 based on 1949 earnings instead of in
1951 based on
1950 earnings as was first proposed.
V
The plan provides for the issuance of 1%
secured debentures in the
maximum
amount of $4,744,553, which is the aggregate amount of
The
plan
as
submitted
to
the
ICC
provides
,
.
(496)
12
•
FINANCIAL CHRONICLE
COMMERCIAL &
THE
4
Monday, August 8, 1949
,
y
junior
funded.
which are to he
1950k
.sinking
|)oyable
securing
amount
face
the
debentures,
provided, however, thai-nedher
nor payments into the sinking fund may
on the adjustment mortgage bonds has been
*
debentures
the
interest
unless
Net
ry.
intore.t
be made
paid.
from
Net
dividends on preferred stock may be
(paid until ail of the debentures have been retired.
This provision
continues in effect the restriction contained in the company s adjust¬
ment mortgage that dividends on stock may not be paid1 so long as
interest on adjustment mortgage bonds is in arrears.
ry.
Gross
taxes—
income
operating income—
Income after fixed chgs.
Wet
income
after
adWet
1,076,000
1,183.000
2,218,000
2,822,000
1,004,000
1,773,000
8,000 stockholders, R. J. Morfa,
Fraser, President^ revealed that
coupled with a steady decline of traffic, is narrowing
margin between gross revenues and expenses.
carloadings decreased 3%
•decrease of 19% for all United
.
under last year's compared with a
States railroads, and a decrease of
$232,076, or 0.72% less than for
Increases of 4.49% in passenger and 7.35%
reported.
,
Freight revenue of $32,051,126 was
The
increased the maintenance of way and maintenance of
-equipment
expenses.
Transportation expenses decreased $940,886,
notwithstanding
wage
increases,
due to the economy effected by
Increased use of Diesel power and reduction in fuel costs.
by $l,100,00a (includ¬
40-hour week granted
will further increase
these costs.
was invested in new equipment, $6,900,000
issue of equipment trust certificates, the
Approximately $9,000,000
which
fcalance
financed
was
paid
equipment delivered
cars, two 4000 h.p.
out of current funds.
The new
hundred 70-ton all steel hopper
for
of five
•consisted
by
Wet ry.
railway:
from
Wet
railway—-
from
Gross
890,130
94,460,374
10,822,555
10,418,023
10,114,246
income
tfet ry. ,oper.
2,993,451
1,556,577
j
901,327
.
,81,685,694
21,716,746,' 15,553,997
■j
6,882,105
Secured Bonds Reduced—
bonds
serial
bonds
The
10.
June
tenders
on
•outstanding
mission—V.
were
of
amount
according
30,
June
$820,000
of the road's 5'/4%
secured
under the purchase offer which ended last
acquired
has
trustee
The
the
,
purchased at the flat price of par. The
bonds was reduced to $10,425,000 as of
the Securities and Exchange Com¬
.
early
1949
$558,999
$751,853
$727,537
402.990
404,996
248.307
49,213
202,829
189,720
100,707
Net
ry.
From Jan. 1—
irom
Net
from
Net
ry.
—V.
Building New
is now constructing a $10,100,000 pounds of sodium a
Corp.
capacity of
'■
/•'"*'
announced
recently
Corp.
ry.
Net
from
Net
ry.
—V.
'
3,315,298
2,644,944
1,619,561
.
4,227,523
1,886,506
2,288.520-
1,110,703
446,919
railway-
3,968,768
663,860
1,052,568
Net
4,317,041
709,918
4,244,047
1,828.360
1,586,798
1,940,088
2,264,880
1,626,451
______
1,402,522
1,557,487
2,684,149
401.
p.
RR.—Earnings—
all
Leased Lines)
1949—Month—1948
revenues
58,988,490
1949—6 Mos,
expenses
50,619,109
from
rev.
-1948
$
69,098,294 356,847,141 369,335,074
55,553,305 308,292,557 319,392,229
8,369,381
13,544,989
48,554,584
49,942,845
4,546,528
2,722,198
26,652,008
26,517,220
1,536,686
1,576,306
8,678,773
11,369,822
income
2,286,167
9,246,485
13,223,803
12,055,803
.....
1,606,837
1,982,110
11,973,795
14,214,388
3,893,004
25,197,598
23,270,191
164,401
11,228,595
147,233
946,907
916,746;
3,635,363
3,908,592
21,333,806
21,210,241.
93,240
7,172,770
2,916,885
4,143,204=
120,495
102,944
682,176
770,054=
Net
ry.
oper.
ry.
Other
income
Total
income
Misc.
deductions
Fixed
charges
Net
income
...
inc.
Fed.
taxes.
To Issue Equipment Certificatesit was reported July 30 that company is expected
petitive bidding about Sept. 21 an issue of $9,120,000
certificates.—V. 170, p. 307.
New York Chicago &
June—
Gross
Net
ry.
Jan.
com¬
Louis RR*—Earnings—
1948
1947
1946
$9,483,230
$7,326,748
$5,616,101
2,989,657
*1,801,356
962,862
688,513
1,687,846
569,246
343,644
5<
1>
211,572
54,027,482
45,188,224
33,618,595
315,858
16,741,947
12,581,050
5,629,151
i
railway
railway..
from
ry.
at
698,542
7,844,100
5,031,723
1,792,510
1—
from
Net
—V:
sell
,540,424
$
income
oper.
to
equipment trust
,652,828
railway
railway......
from
Gross
St.
1949
from
Net
income
oper.
170, p. 401."
New York
June—
Net
•
ry.
Gross
Jan.
from
Net
from
Net
1946
1947
$186,543
48,304
$165,082
65,027
61,994
1,506,652
529,992
315,552
1,142,586
291,970
243,386
1.049,504
172,165
•2,424
22,632
1—
1,334,928
railway....
ry,
railway
I
1948
$245,754
Vt> 91,928
72,311
$177,345
" 27,893
railway
oper. income...
From
EarningSr—
1949
413,819
railway
from
Net
RR
Connecticut
•
from
Gross
oper. income...
•Deficit.—V. 170, p. 109.
255,243
507,830
<.
New York New Haven & Hartford
RR.—Earnings—
1949—Month—1948
Period End. June 30—
1949—6 Mos—1948
"
Rail Operations:
Operating
Operating
$11,995,138 $14,890,272 $74,648,651 $85,052,537
9,531,067
10,852,253
59,306,489
68,035,025
revenue
expenses
1
Taxes
492,754
922,000
5,792,754
5,809,COO
<Dr)______
222,713
363,411
1,564,659
3,351,089
fac.
rents
(Dr)__
485,255
546,420
2,810,222
3,075,842
ry.
oper.
income
$834,103
$2,635,434
618,996
660,804
$5,158,281
3,717,202
$4,797,827
4,000,405
$215,107
$1,974,630
$1,441,079
$797,422
79.5
72.9
79.4
80.0
$280,612
$2,588,307
Equip,
rents
Joint
Net
Fixed
170,
307.
p.
Inc.—Sales—
chgs. & cont.
Net
1949—7 Mos.—1948
$7,995,343
$7,369,242
1949—Month—1948
$1,256,146
$1,123,310
int.
income
Operating
Oth.
taxes..
49,000
359,246
$1,980,818
349,000
153,594
179,687
921,564
1,079,952
6.2%—
—V.
170,
$289,315
(net).
359,24S
$86,721
•$258,321
$710,254
$1,149,109
$1,716,309
$2,151,333
$1,946,531
operations:
comparison with June, 1949 it was pointed out, is some¬
distorted
from
•
>
adjustment
rate
-
$301,828
income
income
by the fact that in June of last year there was a
credit
due to a reduction in the unemployment tax
retroactive to Jan. 1, 1948.
This credit was,
$885,184
to Va%
of
3%
part by income taxes amounting to $336,370 so that
in the June, 1948 .figures amounted to $548,814.
however, offset in
109.
p.
income
Total
what
1949—7 Mos.—1948
$4,247,908 $28,778,804 $27,874,507
$3,984,351
income
NOTE—The
1949—Month—1948
Sales
oper.:
•Deficit.
Neisner Brothers, Inc.—July Sales Off
July 31—
rail
chgs. & cont. int.
Net
Net
ratio
than
Nonoper.
-
net credit reflected
the
company
The
England Fund—Armitage & Trustee—
New
)
Official
Armitage, President of Coffin & Burr, investment bankers,
a member of the board of trustees.—V. 168,
p. 1585.
■
Albert T.
has been elected
plans to sell the bonds, in the indicated amounts, to
companies:" The Lincoln National Life Insurance Co.,
The
following
Continental
employees'
Pension
Co,,
JWrance
Assurnnce
Fund,
$200,000,
and
$500,000;
Co.,
Armour
Northwestern
$250,000;
Provident
Life
&
National
At
Insurance
Co.,"- $50,000.
170, p. 400.
.
r
of
year
Operating'
revenues
$1,830,591
-Oper. expenses, etc.—_
federal taxes "J.—
876,353
.
$1,750,030 $22,956*650 $21,236,578
,L 800,963
11,255.344
9.486.684
349,350
"
322,131-
~
4,279.617
is
15,913,859
of
oper.
$604 888
(net)
$626,916
Br4,115
revenues
income
decrease
a
p. '400.
9,241,000
of
ft.
cu.
the
for
1,712
7
-187.984
60,422
'
Gross
income
and
other
$600,773
^
y
$628,628
$7,601,673
.
i$8,122,592
-
de-
ductioas (net)
151,713 "
4,162*295 '
•;
7.77%
or
week
of
Sept. 30,
1,164.516
year
will continue as Vice-President. in charge of
Transportation Co., a subsidiary.—V. 170,
County
109.
production of
ago.—V.' 170,
Northern Ry.—Interest Authorized
1949 to holders of record Sept. 26, 1949; 1(4%
of
record
of
record
March
1949; 1%
and 1(4%
Dec. 23,
1950'
25,
holders of record June 26,
1950.
New York
Ontario & Western Ry—Earnings—
March
on
on
30,
Dec. 28,
1950 to
June
30,
1950
on
from
Net
ry.
1948;.
1949
railway....
railway-...^.-.
oper. income—
Net
$634,725
•
,
1947.
from
Gross
Net
from
Net
ry.
-
1946
_
$722,291
•58,797
82
•23,872
*60,267
*165,279
3,230,139
3,935,973
4,166,439
3,341,341
29,027
*754,361
401,708
• 133,144
•437,186
*780,591
'.eft;'
railway
raJdway----^-*<
income.'—
193,410
>
oper.
•395,672
Y-:)
to
•Deficit—V.-170, p.. 109.
*
Wet
income
Dividends
■vC
.
*
$332,230 v
i
applicable
to
-*'.
•
preferred
$476,915
stock
-:v;-•
*;
$6,958,076
957,534
957,534
■
V*''v......"'.
On July
$5,461,844"
Wet
Wet
from
RR.
1949
ry.
oper.
from
Wet
from
Wet
ry.
100,305
74,774
?<•'. 75.729
66,295
90,674
46,170
63,333
'
>
-
:
'
.
■
1,401,805
1,618.972
1,074,366
railway___
397,202
370,679
495.783
V
•
389,788
401,025
399,694
136,181
STATISTICS
1949—Month—1948
$2,901,9i9
260,296.
3,579,567
.3,619,571
280,266
3,731.206
3,315,559
300,000
3,600,000
3,600.000
$373,656
$247,648
$4,596,730
$4,080,549
7,996
6,999
92,625
approp.
300,000
Net operating
revenue
income
Gross
Interest
Other
Mountain-States Telephone & Telegraph Co.—Perma¬
nent Debentures Ready—
Temporary 30-year 3(4%
debentures
due
1978- may now
be ex■changed for permanent debentures at The First National Bank of the
City of New York, New York, N, Y.—V. 170, p. 307.
at
(net)__
income
on
int.
mtge.
&
;
-
1.
$381,652
$254,647
$4,689,355
$4,197,767
bonds
114.688
87,604
1,240,834
1,053,019
7,209
13.067
222,588
238,250
deductions
Net
income
-V.
$259,755
applicable to preferred
Balance
169, p. 2106.
30,
Billings for
V'.
to
*E
6
timated,
1949—
months ending June
30,
1949
4,787,217
—_-"J—.—45,368,034
+--T
8,515,595
contract prices subject to adjustment;
on
certain terms and conditions.'
contracts subject
cancellations
$153,976
stock..
$3,225,933
$2,906,498
2'Yt-369,541
369,548
$2,856,392
$2,536,950
does
not
negotiation
for
NOTE—Above
—V.
in
168,
p.
1906.
approximately. $29,000,000 of con¬
which contracts have not been executed.
■*----•* .
reflect
.
Newmarket Manufacturing Co.—Mid-Year Dividend—
The
directors
have declared
the usual
quarterly dividend of 20 cents
dividend of . 60 cents per share, both pay¬
of record Aug. 2, 1949. This brings total
payments so far this year to $1.20 per share.
1
^
A mid-year distribution of 80 cents per share was made on Aug. 16,
last year, in addition to the regular 20-cent quarterly payment. An
extra
of 65
cents
was
also
paid on Nov. 15, which brought total
per
able
Dividends
OPERATIONS JAN 1, 1949 TO JUNE 30. 1949
contracts at June 30,, 1949— $50,155,251
undelivered
on
June
tracts
Other
Shii^Rilding Corpu—Operations—
ON
of
117,218
res.
retir.
1949—12 Mos.—1948
value
account of undelivered contracts to June 30, 1949
Gross value of uncompleted work on Undelivered contracts
Billings
—
$2,767,273 $35,540,880 $34,304,717
1,679,063
20,033,377 " 19,689,038
324,791
326,521
Other "
Prop,
-Earnings
*
p. 8.
New York
■
93,825
income
;
1,576,951
taxes—Federal—,
Direct
$256,245
'
revenues
Operating expenses
1946
■
$255,700
1,546.662
oper.
—V. 170,
1947
$286,865
61,870
income
railway
1948
238,116
railway
Period End. May 31--
Operating
-Earnings—
railway
From January 1—
Gross
"
New Orleans Public Service Inc.
June-
from
V r
$6,000,542
>
Gross
the directors of the Gulf, Mobile & Ohio RR. authorized
of $190,260 to the New Orleans Great Northern
•Gross
170, p. 307.
Montour
27,
additional "rental
an"
Ry.—V. 168, p. 2561.
• v
Balance
—V.
$6,419,378
share,
Aug.
plus"
15
to
a
.
$550,823
74,520
$657,457
45,927
'
104,278
From Jan. 1—
•..
.
Vice-President
......
the
June—
1949,' to holders
as
3
the
Smith,"however,
operation
.*
72 years old,
Smith,
109,730,000 cu. ft.
below
a
The directors have authorized the payment of 43/4% in interest on
the 5% income debentures due 2032 in installments as follows: 1(4%
holders
268,543
ft.,
cu.
corresponding
time,
Gross,"from
on
Interest
the
for
function
'
Charles E.
Aug.
on
Vice-President.
Mr.
'
3,685,824
$7,413,889 ' !$8,062,170
-
kwh
kwh, or 4.17%
corresponding week a
664,136
week is- reported at
the July 29
output for
is
New Orleans Great
Wet
•Other
of
decrease
a
of
by Laurence F. Whittemore, President.
appointment of C. Harry McGill as Manager
and Stores, reporting to the President, was announced.
had been performed by Mr. Smith as part of his duties
same
Purchases
as
p.
118,971.000
•
This
the
That
this association reports electric output
July 29,
ago.
This
"
1949—12 Mos.—1945
1949—Month—1948
—
production
Gas
Montana Power Co.—Earnings—
period End. May 31—
ended
kwh.
15,249,723
below
.
week
the
For
of
Electric Association—Output—
New England Gas &
Company
Life In-
Retires—
retirement
announced
was
company
♦500.000;
£
railway
income
149,756
4,077,307
v-.-.
4,009,578
•Railway tax accruals.
Equip. & jt. fac. rents
1949, due July 1, 1959.—V. 169, p. 908.
July 28 asked Federal Power Commission for authority
to Issue $1,500,000.in 314% first mortgage bonds, due in 1972,- The
company said proceeds of the sale ..would be used' to help finance ad¬
ditions to its electric and gas utility properties.
v
231,400
1946
op.
297,253
income
tion—
i
223,880
$
Fixed
Montana-Dakota Utilities Co.- -Seeks Bond Authoriza-
"—V.
$539,558
168,835
>;v>-
railway
oper.
170,
1947
$502,388
187,832
255,852
^
1—
Jan.
from
1948
$627,740
income
oper.
From
Grcss
Net
1930
as
Period End.
the
266,525
1949
Net
that
National Tool Co. — Sells Notes Privately—-The com¬
pany on July 29 sold privately through Loewi & Co.,
Milwaukee, $250,000 first mortgage notes, dated July 1,
170, p. 108.
The
;
233,178
railway..__
railway.
from
Federal
f
:
railway
oper.
1,043,830
'869,609
$566,937
from
Net
•Incl.
$527,521
225,524
f■
from
Gross
—V.
railway—__
^
'*
New Orleans Texas & Mexico Ry.—Earnings—
June—
Gross
Railway oper.
Railway oper.
2316,
announces
Sales.
1946
1947
railway
oper. income—.
from
2,003,690
1,246,777
8.
p.
appointed
been
Corp.,
National Shirt Shops of Delaware,
170, p. 8.
1948
June—
5,867
4,058,095
report to
to a
Monongahela Ry—Earnings-
Net
;
5,072,046
2,757,803
656,614
>
109,274
313,574
*140,593
-
C, 145,876
*
' 2,055,819
,
|
l-
••
5,026,222
income...
oper.
170,
•
new.
a
Chemical
Distillers
Period End. July 31—
Gross
has
corporation pioneered in making available to the
public a means whereby small monthly payments could be invested
in trust shares. The National Investment Program represents a great
advancement from the old methods as it provides a convenient, simple
means for
systematic investment and reinvestment without any addi¬
tional cost to the investor.
It is not only suitable for the vast army of new investors but also
for professional and business 'men who wish to invest regularly some
part of th&ir savings from eafnings. '
f'
*
The National Investment Program was created for the convenience
of the investor.
At the same time, due consideration was given to
simplifying the work of the dealer and salesman so as to make it
prolitable for them to solicit small investment accounts.
One of the great advantages
of the National Investment Program
is that it can be applied to any of the 21 National Securities Series
or to, the shares of First Mutual Trust Fund. Thus,
almost any type
of risk deftred by an investor is available through shares of these
22 portfolios.—V. 170, p. 207.
'
'
:
'1';}.
From Jan. 1—
of
Chemical
Distillers
corporation
As
.
FT,395,282 103,693,426
20,860,868
22,398,292
Income.
oper,
..
York
New
the establishment of the "National"
Investment Program which enables investors to accumulate shares in
any
of the "National" funds through an open investment account.
These accounts,
which will be maintained by Empire Trust Co., as
trustee, are created through an initial minimum investment of $250
for
shares
in
the
particular
fund
selected.
Successive monthly
investments of $25 or more are provided for thereafter.
1948 •
194?
1946
Gross from railway
$16,486,953 $18,369,922 $.14,848,232 $13,470,942
Wet from railway—.,—
3,410,563
4.840,559
2,435,735
2,331,728
1949
of
Co.
Chemical
Distillers
the publication
National
The
RR.—Earnings—
Missouri Pacific
Trust
Midland
vestment Program—
report
June—'
from
ry.
From
stated that bondholders, who were recently asked to
•express
their views in regard to a proposed plan for funding the
accumulation of interest on the adjustment mortgage bonds, responded
overwhelmingly in favor of the plan.
Accordingly, application has been
filed
with
the
Interstate
Commerce
Commission" for authority to.
submit
the
plan
formally to
the bondholders for acceptance or
rejection.—V. 170, p. 400.
The
Net
railway....
railway.:
•
1946
r
$809,632 > $623,43R
a
498,078
238,594
*
*■
■
from
Net
194?
•-
$1,052,975
131,942
(Including
National Securities & Research Corp.—Establishes In¬
locomotives, four 4500 h.p. and eleven 3000 h.p.
Diesel-electric
freight locomotives.
Property improvement programs
were continued insofar as earnings warranted.
Diesel-electric passenger
1—
Period End. June 30—
contract with Hooker- Detrex, Inc. It has agreed to
supply the latter corporation with substantially all of the chlorine
produttion of the new plant.
Hooker-Detrex, Inc. is starting construction on a plant for the
manufacture of trichlorethylene, a metal cleaning and oil extraction
solvent, adjacent to the site of the National Distillers Chemical Corp.
plant in Ashtabula. The chlorine will be delivered to Hooker-Detrex in
the form of gas via pipe line.
It is expected that both projects will
be in production by April, 1950.—V. 170, p. 400.
,
$794,486
314,081
-
New York Central
Appointed—
under a long-term
'
nf
„—_
share
plant,
The
railway..;..
railway..—__
income...
oper.
From January
307.
with a rated
day, in Ashtabula, Ohio.
Wage raises
Higher levels of wages increased payroll costs
ing payroll taxes)
the report stated, and the
non-operating employees, beginning Sept.
1,
$1,160,564
953,779
$1.22
$2,207,711
953,779
$2.31
—
—
National
000,000
ry.
-
-Earnings—
1948
reactions.
chemical
the same period last year.
te mail revenues were
—
a wholly-owned subsidiary,
comprehensive 50-page booklet on
sodium, its reactions and industrial uses.
Believed to be the most
complete review of the element since it was first isolated by Sir
Humphrey Davy in 1807, the brochure contains many pertinent equa¬
tions and an extensive bibliography listing. 304 references to articles
and
patents.
It3 table of contents includes such sodium topics as:
history, handling and storage, properties, industrial applications and
roads.
for aU Southwestern
t$.4%
—
charges
taxes-
National
announces
,
to'$1,433,659.
Local
1948
$30,885,611 $22,907,332
3,638,497
1,925,196
1,430,786
764,632
1949
.-.hares outstanding
Marine
The
for the first half of 1949 were $37,015,350, a decrease
■of $550,893, or 1.4%, while the
net income decreased 34.16%.
For
the same period last year the net income was $2,177,585, decreasing
from
Net
(& Subs.)—Earnings
Plant—
Gross revenues
Net
—V.
->
1949
from
.
National Distillers Products Corp.—Unit
•'
this year
170,
14,391,296
554.041
*457,574
15,355,438
2,640,468
'"1,000,984
registrar for the common stock, par $1,—V. 169, p.
high cost factors,
1;
•
1,374,933
'
8.
p.
17,805,963
3.336,251
16,392,121
3.163,933
1,465,618
National Container Corp.—Registrar
Obairman
the
profit
capital
P.
mid-year report to more than
of the Board, and D.. W.
a
.
—
after
per
2,178,000
1,434,000
948.000
170,
„_
—V.
2,054,000
3,593,000
2.516,000
212,000
,
__
income
income
Earn.ngs
1,371,000
24,000
of
The
interest
bond
Justm't
612,000
375,000
452,000
268,000
railway taxes
Net
No.
$7,204,000 $37,015,000
$5,900,000
162,000
income
iFederai
Other
railway
income
Federal
1949—6 Mos.—194<j
$37,566,000
1949—Month—1948
sales
Net
u
Gross
Gross
National Automotive Fibres, Inc.
Net
y
v
railway
oper.
2,344,246
150,587
~
13,117
$2,561,468
454,343
198,458
$3,072,852
576,561
297,353
Jtm*—
1946
194?
'
6 Months Ended June 30—
FIRST SIX MONTHS
AND
MONTH
FOR
EARNINGS
Period End. June 30—
income—
•Deficit.—V.
amount
l, 1967 but are callable at face
days' notice.
debentures mature Jan.
The
plU6 accrued interest on 60
from
1948
.
$2,669,016
290,246
127.300
railway-.-
railway
oper.
Net
1949f'.'
^
•
From Jan. 1—
Gross
plan also provides that no
The
In
from
Net
of
:':r
'
from
Gross
debentures,
the
on
the
of
Wn
June—'-
New Orleans Si Northeastern RR
Ry.—Earnings—
Nashville Chattanooga & St. Louis
^ro^osed
the orifinei .fiwk
y-Y
which is cumulative to, a maximum or
the debentures, and Payments into a
fund for redemption of debentures prior to maturity are
out <rf available net income as defined in the mortgage
Interest
4%
it;
to
but
«dJu5to»nt,- mortgage
mid-year
stockholders
disbursements in 1948 to $2.25 per
share.—V. 164,
p.
1802.
Volume 170
THE
Number 4827
Billings—
June 27,'49
Ship
conversions
3,474,126
15,082,986
9,855,192
1,021,948
2,174,085
Other
work
and
1,191,965,
oper.
1,990,139
2,854,905
.3,327,215
•
Total
.
$17,416,246 $21,221,235 $37,050,417 $42,000,437
L; .//
June 27/49 June 28,'48
major contracts unbilled
—
'
v-
'Vi; -v.
Estimated balance
of
at the close of the period
of employees at the close
;!t
The
reports
company
in
the
of
income
period
balances
which
ments
tations.—V.
on
government
Norfolk
contracts
statutory
1994..
June—
Net
from
fijom
Net
ry.
subject
are
repricing
will
Gross
1949
Net
ry.
Delaware
by
suit
by
pending
••has
$763,136
$781,059
332,138
170,122
153,176
40,959
83,759
69,208
4,442,656
4,855,701
1,065,486
391,253
4,265,522
731,905
3,857,600
402,936
189,620
*65,380
'918,941
-
317,005
170, p.
Declared in Stock—
record
10
to
Sept.
15,
holders
1949,
of
while
the
cash
July
on
voted
to
this
merge
to
seeking
New -'York
a
in
minority
injunction
an
to
stockholder
been
has
reelected
were
S.
Bush,
Charles
were:
Howard
B.
Dean,
,
.
.
1948
for
revenues
President, reported,
;the first time, the
;•
amounted
again
in
full
V.
.
York
'
v
Net
L
F.
S.
169, p.
satisfaction of
Northern
Int.
„
.
,
y
-
„
rates
in
effect
estimate
is
to
be
One
offered
Unsubscribed
Merrill
of
also
the
for
Proceeds
pany's
to
be
;
..
of
during the
additional
he said.
year,
mail
pay
to
,
of
30,
7
The
r.
'
'
remainder
issue
to
are
be
for
the
used
to
by the
finance,
of
in
the
on
this
1950,
amount
was
Airlines
,
of $1.50 per
Aug.
July
share and
28
the
dividend
record
semi-annual
usual
$1
of
per
-1
to
will
ry.
from
ry.
18, last. Payments in 1948 totaled $4 per share.—V.
Northern Pacific
to
s
:
167, p. 655.
Net
across
ry.
are
—V.
•
an
,.
application with-the Givil
I
:
about
1949
1948
1947
1946
\v"
railway..
$13,233,362 $12,159,981 $10,282,074
$9,588,850
railway—:—
2,850,249
1,983,317"
1,478,794 '
760,194
Net ry. oper. income
1,944,756
1,750,972
747,959
245,711.
Gross
Net
>
The
r
.
tions
Net
from
Net
ry.
—V.
railway
69,715,025
■«
i
65,448,786
7,069,713
income"—.
11,944,792
5,649,216
6,185,155
7,513,705
2,589,231
58,373,536
.
David A.
company.
sell
series
due
Aug.
1,
t:
program.-
1979,
/
,
y
and
/
to apply the proceeds
to
its
''
v/-'
/
,
ated
;
,
output of
this company for
the
week
ended
1949,
totaled
63,065,000 kwh., as'compared with 58,835,000 kwh. for the
corresponding week last year, an increase of 7.2%.—V. 170, p. 401.
■!
Northwestern Pacific RR.June-iGross
Ne't
railway——.
Net ry.s oper,.
!
Net
Net
from
from
ry.
•
*
,
:
1947
.
$824,355
120,424
-
'
$533,468
112,205
142,145
1946
,
,
.
oyer
r
$378,897
*24,722
Allegany
State
p.
jnoome..—
S
-
v? 44,299-
28,688 tvfs. 104,705
3,930,188
*73,102
•
.
railway— C—
>194,288
577,772
income...
*299,490
123,628
3,222,542 '
692,915
v.
sidiaries
and had
i
.
2,001,858
be
realized
sale of its
from, the
'
North
*537,626
272,856 r* *836,690
Penn
Gas
Co. 'Jwhose
assets
are
to
be
by
y this
,
/
Administration
of
5%
on
three
of
payment
of
by War Assets. '
operating the plants
been
to
80%
represents
purchase
interest.
and
fair' vahie.
the
1
:
under
;
,
■
t
since
lease
buy.
*
government
has
and
■
>
approximately
investment
annual
an
*
-
Rouge
$24,000,000
the government
by
capacity
•
•
has
and
plant
aluminum
permits
approximately
of alumina
:
..
.
,
Permanente
to
a
run
operation
through the state of semi¬
view of the company's reduction plant and
rolling'
.... L- L-•
had purchased
Tacoma, Wash.,, and
2532.
p.
.
of
tons
500,000
1
Permanete
169,
of
•
alumina
integrated
the
from
a
government
small
a
fabricating plant at Newark.
:
Pay
.
19,
1949
the
July 29
on
common
1949.
This
declared
stock,
Is
cash
a
payable
first
the
1947
$377,301
-
$556,877
Jan.
years, the company
1.—V. 169, p. 2647.
/.'
of
cents per
25
holders
to
12
distribution
..//■
on
dividend
Sept.
cash
issue.
stock
1948
$906,516
Cash Dividend—
directors
on
i
•
taxes——
after
' For the last four
mon
of
be
to
record
made
on
.
has been paying 5% In com¬
'
,
v
Philadelphia Electric Co.—Subscriptions—
During the subscription period,
the holders of subscription warrants
for an'aggregate of 902,874 shares of new common
stock,
17.95T shares subscribed for by the underwriters upon thw
exercise of rights purchased by them.
Subscriptions -by employees of
the -company and Its subsidiaries exceeded the
remaining 69,750 shared
subscribed
including
r
of
{
of
i
Allegany
;
to retire.Pennsylvania Gas outstanding long-term debt.
Su^h
debentures, series A; due March
I, 1976, is to be retired by pro rata cash payments, from time to time,
i to the holders thereof, without premium.-,"
- •
/•r
' .f;;
new
,
common
stock,
which
have
ing employees :(for further details
//■'■Weekly Output—
—
The -electric
week
debt,-consisting of $2,100,900 of 6%
of
!
:
Services
corporation
down
a
properties
original
an
income
Aug.
Gas Co.)
•
170, p. 110.
for
$36,000,000
had
the
t
co
Baton
To
solely
the
dissolution
acquired
General
this
1
of
-
interest and three sub¬
anticipated
the
to
6 Months Ended June 30—
■i Net
"
t
contemplates
to
t
Philadelphia Dairy Products Co., Inc. (& Subs.)—Earns
j
the proceeds of the
..
of
•
provide
three
bauxite.
share
Co., Port Allegany, Pa.,-whieh would operate
of. Pennsylvania and. hold all the common stock
cash
*348,558
*1,450,546
aluminum p^ant at
appropri¬
•
Gas
use
and
*308,061
*1,620,626
/;•
with option*-;
plant
The
,
4,445,888
*687,434
the fale
price
the
Previously,
f,
.
Gas would
V *52,074
•
*2,026,332
Division
finished products in
mill-at Spokane.
oompany,
Crystal City. Gas Co., of Corning,- N. Y.', a gas
utility company operating in an adjacent area in New York.
*(
v The plan ' is composed of two-parts. Under Part- I, Pennsylvania
/
3,816,640
oper.
on
The
'
1
railway—.
*Deficit.—V.
sale
1946,
from
10.
„
to 25,000 shares for cancellation
second
*13,001
4,884,136 '
-
•1,657,795
$36,000,000.
of
$20,000,000
•
connec-
Geherally, the plan
that the 12 companies In the
Pennsylvania Gas system will be reduced to two. One company would
the
5,018,715
*2,905,375
.
Assets
represents
: ■>/
the crude oil
The corporation on July 28 filed a plan for liquidation arid dissolu¬
tion
with the SEC. The Commission has scheduled
the matter for
in
,
4,238,384
;
annual production capacity of
216,000,000 pounds.
J2)-,Trentwood rolling mill (Plancor*1061),- Spokane, Wash.
This
plant cost the government approximately $47,000,000 and has an annual production
capacity of 288,000,000 pounds per year.
H' 1 ' '
,
"
,
(3) Alumina plant (Plancor 226-AO), Baton Rouge, La. Th'is plant
•
Pennsylvania Gas & Electric Corp.—-Plans to Reduce
Present System to Two Units—
be
*173,012
an
Chairman of this corporation and President of
Inc., died on July 29 at his home in Holmdel,
170, p. 207.
.....
v
... •
«
,
*245,279
:
;
,
The- corporation
This
M
-
Refining Co. will take
$250,000 for the purpose.—V. 170, p. 308.
hearing on Aug. 23.
.170,020
Properties included in the sale are:
;
"
(1) Mead aluminum reduction plant (Plancor 226-S), Spokane, Wash.
,
•
From Jan. 1—
Gross
LI 948
$741,346
railway—
July 29,
-Earnings—
1949
from
from
/
.
years old.—V.
up
$1,000,382
,230,089
.
.
tenders
1946'
'
"
$1,114,835
21,520
;;.f Rear Admiral Paul L. Mather, Liquidator of War Assets, in an¬
nouncing the sale, said: "This disposal firmly establishes Permanende
Metals Corp. as an independent
operator in the aluminum industry."
,
Pennsylvania Coal & Coke Corp.—Accepts Tenders—
invited
1947
1948
$1,012,195
-'*20,182
income
purchase
early
-
averaged slightly under $10, the accepted tenders ranging from $9.62V2
to $10. Cost of the shares will approximate $160,000. The company had
construction
L'LL
Weekly Output—
Electric
for
placed
corporation has accepted slightly more than 16,000 shares of
capital stock offered to it under tenders up to noon July 26. The price
giving interested persons until Aug. 11
hearing upon the proposed $15,000,000 bond issue of
As previously reported, Northern States proposes to issue
at competitive bidding $15,000,000 of first mortgage
bonds,
a
1949
*.
.<'
•
Lines—Earnings—
government
aluminum plants—one in Baton Rouge, La., and two in
Spokane,
/
The
The SEC has issued an order
.
76
Seashore
$847,719
announced
Ohio.—V.
v
and
Schulte,
International,
N. J. He was
^
■'
t'.1
,-t
•:
■<.?.,.> .y, v,
'
•
railway—
War
29
The
I
.v
*
&
*6,285,186
"
money mortgage or »«>rtgages over a period of 25 years at 4%
•
170, p. 109.
request
<;
formerly serviced by Panhandle.—V, 170,
Dunhill
f
Northern States Power Co. (Minn.)—Bond Hearing—
to
The
Terms
/
.
Airways Corp. above.
,
Oil
17,938,311
16,303,960
income...
oper.
owned
Park & Tilford, Inc.—Chairman Dies—
69,684,151
10,980,277
1,813,295
railway—
oper.
15.
Humble
56,563,864
18,097,071
railway..—
completely
From Jan. 1—
from
from
-Wash,
-its. purchases of crude cil,; effective
complete refining of the crude oil stocks on hand
The refinery has been processing approximately 1,200
^ barrels daily.
63,988,427
:
Reading
.'f L' ■;L;
oper.
*501,647
5,700,442
11,513,616
70,490,952
railway
.
from
from
Gross
Aug.
•
1946
1947
1948
23,838,595
.
110.'
p.
170, p. 110..
July
.
•
re-opened to Marseilles, June 1, 1949.->—V/170,
f
1,980,000
$5,322,105
Permanente Metals Corp.—Buys Three Plants—
1
will
and
once
2,151,465
period
necessary
.
This company will close its refinery at Lenders, west contra! Texas,
C. Stanford, Vice-President announced. The excessively low price
at
$7,302,105
'■
railway
From Jan. 1—
Gross
requesting "permission to add Nice, France to its
permission is granted, the corporation plans to
with Marseilles in serving southern France.
.of fuel oil was blamed.
The company is discontinuing
.
the
2,540,448
•**' l
"•
from
from
V
effecthe Atlantic,
more
Panhandle Producing & Refining Co.—Plans to Close
Texas Refinery— j
\\
^
t
R.
170,
V-
Net
If
,
for
4,619,371'
$8,720,285
456,627,633 477,421,509 440,133,896 '377,229,861
income.—
"June—' ■'■■■
Gross
co-terminal
-
$723,563
>.
V*
railway——i
*
.
•
Airways bias filed
i
income^-
railway
oper.
from
was
;
,
3,855,971
$70,705,804 $87,453,043 $76,429,173 $65,132,496
, 9,341,724
17,434,885 .12,408,122
2,704,448
L
Pennsylvania
the American
save
compete
Pari American Airways, Inc.—Consolidation—■«
-
disbursed
Ry.—Earnings—
June—
•
94,310
349,870
1949
Deficit.—V.
ry.
-
stocks
*
oper.
Net
Mr.
Nice, France—
>.
;
••
railway
from
Net
•
;
77,678
$1,073,433 $12,576,256 $11,921,476
$1,075,076
pfd.
to
railway—
Net
Clipper service
——Li.
From Jan. 1—
Gross
-
p» 110.
$12,498,578 $11,827,166
2,511
303.
"
*
Net
A certificate to operate to Marseilles was granted to Pan American
in 1939, but flying boat service to that port city was interrupted by the
"
war.
.
dividend
were
i
$6,568,820
from
Net
Board,
Nice'a
7,246
^
deductions;
170, p.
>
com¬
share, both payable
Aug. 2. Like amounts
$1,070,922
(net)
applic.
•>>>
purchase,
proposed
See Pan American
declared
extra
an
12 to stockholders of
Feb.
on
on
revenues-i- " $1,067,830
$782,656
from
,
directors
1,728,675
income :_L—L____1
Trippe- emphasized/that
made in accordance with the expressed views of the';
the
stations.
overseas
1 Northern Insurance Co. of New York—Extra Div.—
/The
1,728,675
„
States
V.<
Aeronautics
'make
1782.
p.
144,056
292,420
June—
,
-i:'-
Pan American World
expected
are
-
discussing
Service
-.
1951 and the
expended to
and
Overseas
that mergers and. consolidations
strengthen the country's air. transport industry."
"
to
stock¬
the
part,
expenditures
144,056
1,798,082
plant
adjusts.^-
income
Net
...
.
1949,
years
$7,090,000
1G9,
■
Construction
program.
that
1949.—V.
held
3,296,133
elec.
'
Gross
represents an
basis of prin-
"the proposal was
Civil Aeronautics Board
stockholders
common
shares
'
stock
*.
.
.
are
to be purchased by an underwriting
Republic Coi (Inc.),. Blyth .& Co., Inc.,
Fenner & Beane. The subscription price
price to the underwriters) is to be supplied
$46,000,000
reports
company
June
„
company's
each
J ~
the
to
corporation of American
he said.
SEC
the
with
4,181,168
37,851,231
Pennsylvania RR.—Earnings—
•
part of
or
'
;
amounted to $33,396,temporary And final
,,i
:v :
) tively against the foreign-flag airlines operating
;
common
286,000
other
&
-V.
,
,
I
received
be
taxpayer millions o'f dollars annually.
Approval will also enable the United
shares
the
construction
amount
-
Pierce,
by amendment.
v.
$316,000.—
Central
Lynch,
shall
this
In
to
share
new
of
Service Co.- -Registers With
filed a registration statement
offering' of 311,654 shares of
366,000
.
income
Dividends
ciples set forth in the Civil Aeronautics Act, as interpreted and applied
the Civil Aeronautics Board in previous rate proceedings, less an
addition of $1,000,000 to the reserve against the estimated balance
receivable for the carriage of United States mail.
Mr. Trippe also said that government approval of the purchase by
issued
be
5,342,305,
160,584
5,208,076
1,830,461
Balance
..
.
000.
.
„
of
(which
of
amount
.
listing
to
42,964,843
159,484
oper.
Net
,
proceedings for all
Reported United States mail revenue for 1948
Of this amount, $23,849,000 is based on
adjourned
the
$61,843,592
3,160,058
(net)
$145,216,000, Juan T. Trippe,
high despite, the fact that, for
rate
earnings cannot be determined.
1
stock
1
public
composed
group
.
■
rate
holder.
and
Aug;
the
authorized
3
common
3,363,820
'
.
.
are
pending before the Civil Aeronautics Board relating to the
System's operating Divisions. Until the conclusion of these proceedings,
'
/
stock
the
value
.
Indiana Public
company
(no par).
i'The
Aug.
on
par
promissory note in the
*
proposing
at
a
$1
2212...
SEC—
The
Exchange
shares of
$5,327,552 $68,411,801
5
i, 505,932
of
Gross
Adams, Harold M.
Falrchiid, Henry J.
M.
1948
exact
L/vL
and counsel for Beaunit Mills, Inc.
special meeting until one week after the New
sought to have his suit to bar the sale acted
Curb
additional
Li-
taxes
Other
to
all-time
an
for the same period in 1948.\ /.v.L..
Mr. Trippe pointed out that mail
Northeast Airlines, Inc.—Stock Issuable for Note—
New
:9 4
1949—12 Mos.—1943'
i ,457,660
acquisition
I by
114,909
$5,558,850
*
Lii-l—L
taxes
Amortiz.
revenues of Panair do Brasil were not included.
Estimated net income for the year was reported at'$4,590,000. Revenues
I for the-first
five months of 1949, he said, were slightly higher than
upon by the New York State Supreme Courtv—V.
170, p. 9.
The
request a
to
19
Aug.
1949—Month—1948
Depreciation
Franklin Gledhill, Robert Lehman, E. O. McDonnell, Mark T.
F. Pryor, W. H. Standley, Vernon F. Taylor, J. T.
Gross
Delaware,
has
expenses
Federal
Samuel
Trippe.
to delay the
stockholder
who
Prescott
Friendly
prevent
to Beaunit Mills, Inc.
until
persons
All
16.
Directors
Rayon Corp.—Meeting Postponed—,
stockholder
revenues
Operating
into
corporation
interested
,
Operating
Corp.—Merger Voted, Etc.— f
21
engage in the business of an investment company
V
; •"
""
•''
given
Pennsylvania Power & Light Co.—Earnings—
Scrip
401.
170, p.
has
Period End. May 31—
payment
record VAug./: 20,; 1949.
issued in lieu of fractional shares^—V.
SEC
v.
;•
«...
•, '
"
Ihe SEC has given the company permission to withdrawing its regis¬
tration statement (no. 7575) filed June 23, 1940. See also V. 170, p. 40V
S.
Bixby,
LL,
V
minority
decision
a
agreed
York
of
Sept.
no
hearing.
present directors were reelected and, in addition,
Ingalls of Cleveland, Onio, and General George C. Marshall of
Leesburg, Virginia. :
•
' '
:
1946 '
1947
1948
$1,135,082
the sale of the assets of this corporation
A
14
McKee,
a
The
Aug. 3
holders
has
otherwise.
or
declared an extra dividend of 25%'- in stock
regular quarterly cash dividend of 50 cents per
capital stock. The stock distribution will be made on
made
According to the application, the plan-to purchase
Industries, Inc., has been abandoned and'
present intention of making a future offering
Pennsylvania
of its "securities or to
wholly owned subsidiary, Pan American Aairways, Inc. This change
corporate structure is expected to simplify the technicalities of the
purchase of AOA, as well as to have certain other advantages.; >
The stockholders also authorized an increase in the board of directors
A special stockholders' meeting scheduled for Aug. 1 has been post¬
poned until one week after a decision has been reached on a suit in
T
to
on
of
in
•
'
applicant
the
stockholders
David
67,945
North American
r
26
be
from
172,406
income—
oper.
assets
SEC
the
its
'
$825,833
income—
♦Deficit.—V.
;
with
.
railway
railway..
railway—
from
the
on
The
Ry.—-Earnings—*
from
Net
.to
Pan American Airways
From Jan. 1—
«
notification
of
the
Other
any
.
railway
oper.
Hlllman fe Sons cor
the
-
($100 par)
certificates will be
adjust¬
profit limi¬
to
and
.
;;
„
Gross
from
,
Southern
letter
a
:
13
(497)
-—
from
result
might
169, p.
;
The
directors
Sept.
11,861
,•<9,700
long-term shipbuilding contracts
on
the percentage-of^completion basis; /such income for any period
will therefore vary from the
billings on the contracts.
Billings and
unbilled
stock.
addition
share
$117,763,840 $67,943,262
Ko.
<
July 22 filed
on
.1. : :
.
;
Pfeiffer Brewing Co.—25%
The
*
:
2,293,454
V-•!//'•
&
u:
preferred stock and 5,000 shares (no par)
preferred will be offered at $98 per share and the
common
at $21.50.
Underwriter, Conrad, Bruce & Co., Seattle.
Pro¬
ceeds will be used for extensions and betterments.-—V.
165, p. 3398.
28,540,054.,
1,224,655
r—_
turbines
company
1,500 shares
common
accessorial
.
for
$7,839,714
$3,126,162 $22,166,235.
and
repairs
Hydraulic
The
June 27,'49 June 28,"48
June 28,'48
Shipbuilding contracts $11,525,500
CHRONICLE
FINANCIAL
Oregon-Washington Telephone Co;, Hood River, Ore.—
Files With SEC—
—6 Months Ended-
<
&
:
Newport News Shipbuilding & Dry Dock Co.—Billings
-3 Months Ended—
COMMERCIAL
M
.
ended
July
2,776,000
—V.
-output
1949
30,
kwh,
170, p. 401.
/
170,
among
207),
p.
-
,
subscrib-
the
'■>"•
- -
-
over
and its subsidiaries for thw
139,347,000 kwh., an increase
company
amounted
■
allotted
V.
'.'•/.•. ".
this
2%,
or
'j
-•:«
-of
been
see
the
to
corresponding
■>,
v"-
-
week
of
last
year,
"...
"
"
.
/ Norwich Pharmacal Cq.—^D^dares Larger Dividend-**
Part II
provides, in effect, for (a) the distribution of the assets of
Pittsburgh & Lake Erie RR.—Earnings—
remaining after retirement of the debentures,, on a
equitable basis, to/the holders of its various classes of! pre¬
Period-End, June-30—
- 1949—Month—1948
1949—€ Mos.—1948
ferred and common stocks, the specific allocation • of such assets to
Railway oper/revenues-' $3,443,996
$4,279,923 $22,520,660 $21^493,9
;
1949. Quarterly distributions of 15 cents ea.ch were made on'March
•'be supplied by. amendment to Part II, and (b) for the dissolution of ^Railway oper. expenses10 and June 10, last.
A total of 85 cents per share was paid in the
3259,284
2,864,005
18,345,085 • 17,087,144»
Pennsylvania Gas. Pennsylvania Gas has outstanding IV;000 shares pf
I calendar year;1948.--V. 159, p. 1887.
v" l ; .*
r
*ic/c cumulative preferred stock ($100 par),- with $73.87'/2 dividend ;'«v. Net rev. fr. ry. opers.
$184,712
$1,415,918
$4,175,575
$4,406,761
'V
'K
j
i'"- '/"'L--' F'V
.v/tf '*•'
'£*•.'r'"
arrears
per share; 20,000 shares of 7'/« : cumulative preferred
($100
-386,779 TV 712,593
3*256,812 - 3,673,827
; *Railway tax accruals/:
^
Ohio Edison Co.—Exchange Ruling-^-.;
liquidating preference)',",:with $73.87%.' dividend arrears per-share;
rv:;.r;
•r Eqp.
& jt. fac. rents—Cr
579,552 '
753,646
3,485,433
4,158,595112,223 shares of class A common ($35 liquidating preference)ahd
l /;i Refcrring to the Jadmi£6ion.to'dealihgs'pn ja .',.when distl•Jbuted,' .basis
v
on
224,267 shares of class B common no par.; At Dee; 31; 1949, Pennsyl¬
Net ry.
July 26, 1949;^; of/the cwnmon ; stock of this company to be dis¬
oper. income
$377,485
$4,404,196- $4,891,52»
$1,456,971
vania Ga3 ,had an earned surplus deficit, per books, of $2,254,220. ^
tributed
to
the holders ,'of /common stock of The
Other income 1'.
V
180,511
Commonwealth &
261,824
110,017
7
16,332
In September,
Southern Corp. pursuant to
1948, the Commission directed Pennsylvania Gas to
the latter corporation's amended dissoludispose of its interests in Newport (R. I.) Gas Light Co., York-Cojufty
tion plan, the New York Stock Exchange on July 25 directed that *11 >
To til' income
$557,996 f $1,473,303
$4,666,020
$5,001,546
.(Pa.) Gas Co. and North Shore. Gas Co., Ips.wich,; Mass. .That ,order
Misc.1 deductions
Exchange contracts in Ohio Edison Co., common stock,; i'when dis¬
108,907
306,137
1,311,505 ' 1,133,95a
K
—
also directed a recapitalization of Pennsylvania Gas on a one-stock
tributed," shall be Vex-dividend" for " any dividend which may be
Fixed
/
3,307
' 8,992
20,018
I .26,108
charges
_i_—
L declared payable to holders nf common stock of Ohio Edison Co.
basis, and reserved Jurisdiction as to the' company's long-term debt
prior
and continued existence, and the retainability of New Penn Developto the date of such .distribution; and that
---.Net income
L_
purchasers of such stock,
$445,782, $1,158,174
$3,334,497
$3,841,48*
ment Corp., a non-utility subsidiary, and Penn-Westetn Service Corp.,
"when distributed" will NOT be entitled to receive
any such dividend,
if declared, upon settlement of "when distributed" contracts.—V.:
.a mutual service company.; However, it-was indicated in that decisfon > *Inc1." Fed. Inc. taxes—
$171,795
$709,954
$1,943,065
$2,359,061
170,
that liquidation and dissolution of Pennsylvania Gas would f,render T —V.
p. 401.
170, p. 111.
<
'
moot the question of recapitalization on a one-stock basis.—V. 168,
r
Pennsylvania Gas
'-.The
directors on Aug. 2 declared a dividend of 20 cents
per share
the common stock, payable Sept. ,10 to .holders of record Aug. 16,
i. on
fair
and
.
•
.
'
.
■
■
.
•
..
-
,
—
.
'
,
'
;
—
•
'
,
Oklahoma City-Ada-Atoka Ry.
,
June—Gross
.L,1949 .:
from
railway..
...
Net-from
Net
ry.
From
Gross
railway
cper. income.'..
.
1947
$90,777
'
$58,160
1946
$64,606
40,064
$81,378
26,747
7,396
j p.: 1047.
-Earnings—
1948
15,837
8,181
14,546
1,901
509,001
494,378
405,354
191,302
141.781
52,630
42,192
39,535
,
*5,929
•
January 1—
from
Net
from
Net
ry.
railway..—
railway—::
oper.
income... "-
♦Deficit.—V.
170, p. 9.
'
-
^
Pennsylvania Industries Corp.—No Longer
ment
-
164,115
57,666
;
490,994
197,925
•
r
an
'
Invesi-
..l■>- - ■"•;:The corporation has
made application to the SEC for an order
declaring that it has ceased to be an investment' company within the
meaning of the Investment Company Act of 1940.t
^
The
company
was, organized
for, the purpose of acquiring the
assets of
Pennsylvania Industries, Inc., a closed-end non-diversified
management company registered under the Act. It has issued only 50
shares of its authorized common stock, all of which are held by J. H.
Company—
;;
"
Pittsburg & Shawmut RR.- -Earnings—
1S49
June—
Gross
from
.
103,776
53,178
1,540,350
1,241,284
558,790
449,005
298,726
354,176
oper.
income^-
l—
7
.
•
-
$237,457
railway—1*204,572
ry.
75,164 *
"
/ '
1946
$175,16$
45,819
30,172
■
from;railway—4.—
oper. income./.—
ry.
*
1947
151,516
From January
Net
'
$346,697
Net
Net
*
78,779
54,789
fjrom railway—_
from
- *
$237,403
railway..:—r
Net
Gross
1943
.
330,825..
213,769
""
'
L'J'H
713,895
128,482
71,70*
-"1
to
THE
(498)
©foSs
railway
Grotes
Jan.
from
:—
income
oper.
-Prom
-
$611,768
-103,967
104,676
railway
from
-Net irom
ffet 'ty.
1948
1949
tfttne—
.4,096,169
railway
4,127,165
.
*
944,488
926,544
728,297
¥y. oper. income—
170, p. 111.
J- y
.
~:;2,029,190
,
1,373,777
§ %rom railway
:$385,877
: „ 38,349
3,237.492
823,002
570,604
^
304,327 £
201,450
35,093
.
.
J
;
I •
'■ •'
\
.'V'"" ii•'
:
- ■.
58,731
54,038
Co. Into Co.—
:
Federal
Arlington County,
fu
Commission
Power
Electric Power Co.
wholly-owned subsidiary of
cf Potomac
Va., into those
C. Braddock is
off Washington, D.
a
Potomac Electric.
- --v-••
the application points out that the Braddock system has not been
Operated directly by Potomac because the Virginia Constitution permits
<©niy a Virginia corporation to do public power business in that state.
4Bowever, ,the application continues, because of a current expansion
program on the PEPCO system, the proposed merger will
TSffidency and economy in management and financing.
bring greater
The merger
also
for PEPCO to incorporate under Virginia laws, while
District of Columbia corporation.—V. 170, p. 111.
plan calls
ttim&ining
*
;
$181,859
U The
v
$140,206
.New York Stock Exchange on
'*42,682 * - •* 16,464
' *13,001
'*63,296..'*26,203*41,105
-
—
Income
1947
«
From January
Gross
ration.—V.
1—
railway—
————
897,851
railway.
—*213,003
from
from
Net
income
Net Ty.' oper.
,.978,877
*143,292
•'295,186
•?
•
*351,584
—
/ ,7
^
838,353
*151,652
".*
*302,631
' '
,
'
a
vi Safeway Stores, Inc.^~Partial Redemption—
21,
July
V. 170,
t
on
Net
Int.
profit
operating
1948
1949
$2,082,325
6 Months Ended June 30—
and
$2,750,132
During the six months ended June 30, 1949, 16,400 shares of the
corporation's second preferred stock were retired at a cost of $212,672.
See
also
Brompton Pulp & Paper Co.. Ltd., and Lake St. John
&
Ltd.
Co.,
above
and
St.
Mills
Paper
Lawrence
Granted Motion
The
corporation
seeks
guarantee
a
granted
litigation costs
been
of
its
in
687,500
687,500
stock, construction, etc.-
$3,406,107
$3,866,422
income
2,392,369
PrloT preference dividends——.
Balance for common
compel the
to
and
6
directors concealed
call another.
North
subsidiary,
former
from
received
NOTE—Dividends
Coast
Transportation Co., the investment in which was sold during 1948, net
of Federal
income tax applicable thereto, for the
12 months ended
May 31, 1949—$969,404 (1948—$518,650) have been excluded to give
a hotter comparison of Puget's operating performance.—V.
170, p. 111-
corporation to annul its annual
has charged that the firm's
170, p. 402.
He
operating profit
Pullman-Standard Car Mfg. Co.—Director of Research
Oscar C.
Maier, who recently res.gned from the Engineering
of the U. S. Army Air Forces at Wright Field, Ohio, has ac¬
cepted a position w.th this company as Director of Research.—V. 168,
Louis
June—
1949
from
Net
ry.
16—
tEarns.
share
per
♦After
outstanding.—V.
$0.98
$0.68
interest, depreciation,
for minority interevt.
deduction
stock
com.
194 —12 Wk3.—1948
$548,787
$793,169
169,
.
Net
•
Gross
1949—28 Wks.—1948
$1,431,683 $1,892,515
$1.78
$2.35
Federal taxes, all other charges and
+Based on 805,045 shares of common
298,357
.
408,791
Net
from
Net
ry.
railway
America—Transmitters to Cuba-
Gross
transmitters, weighing a total of
25,000 pounds, were flown cn July 28 to Cuba, according to H. C.
Edgar, Merchandising Director of the RCA International Division.
The tran'mitters,
one
10 000 watts and two 1,000 watts, are for
Union
Radio
and
are
being
consigned
to
this network
through
Humara
y
Lastra,
RCA
distributors
for Cuba,
Mr. Edgar stated.
—V. 170, p. 402.
complete
RCA
RCA
broadcast
Opening
of
u.rect\radiopi.oto
a
circu.t
and
New.; York
between
Net
from
from
Net ry.
Net
In
addit!on
is
to
letter
documents and news pictures, the
other forms of tabulated material,
fashion designs, according to Mr. Ingles.
drawings
—V.
m^ny
921,483
2,602,280
1,347,197
911,430
a-
i ;
p.
and
1948
Earnings—
Gross
from
Net
ry.
railway
$9,247,813
$11,252,907
$9,436,012
$7,534,509
railway...
from
Net
1946
1,519,922
2,829,972
2,391,933
railway,
1,858,511
757,109
1,124,815
Fixed
Gross
from
from
Net
ry.
—V.
railway.
1*J, .(Jb, <83
*
56,800,440
lo,048,074
13,638,393
47,809,098
6,386,417
6,465,445
6,344,736
2,325,400
•
5,008,293
$8,471,409
1,708,252
,.
594,717
Net
1,010,829
for 25,000
60,000 shares at prices ranging from $2.50
1949
and
Aug.
9,
to
$3.50
between
Aug.
10,
Gross
1949
'
Net
profit after
charges &
(Approximately)
Earnings per common share
preferred dividends)
subject
and
appropriate
to
audit
(after
end
of
$0.09
$0.32
$1,556,000
$0.19
Gross
See
of
that
inventories, at
may
year.—V.
168,
arise
cost
or
market, but
contingent
liabilities
from
ry,
Alliance Lile
Life Insurance Co.
of Dallas, Texas
$47,640,534
754,330
1,484,226
3,987,364
142,100
52,625
428,808
filiated
317,779
$1,536,852
14,715
$4,416,172
4,381
27,965
Insurance
Co.
259,080
1,677,011
205,591
1,230,292
1,238,519
$5,351,685
p.
r
902.
George
Underwriters, Marx & Co., New York.
Offered
at
equipment
company's
$5
and
air
per
share
and
additional
cruise
company's
working
proceeds
capital
in
B.
$1,480,904
Richmond Fredericksburg & Potomac RR,
Gross
1949
from
from
ry.
railway....
be
stock
$2,016,801
$1,938,267
460.241
507,159
Gross
from
from
Southwest Lumber Mills, Inc.—Securities Placed Pri¬
used
j.
68,602
247,580
—V.
railway
170,
p.
12,218,957
lor
13,576,725
12,469,504
3,638,429
3,821,260
1,482,422
from
from
Net
ry.
railway
oper.
income
1, 1959 of which $203,000 were subscribed for by stock¬
$97,000 were taken up by E. W. Thomas &
2,331,243
588,831
1,924,344
1,742,366
421,903
316,193
122,619
215,534
114,072
71,360
Sperry Corp.—Unit Offers First Post-War Red Rubber
Belting at Farm Prices—
&
the
$237,437
*24,275
*46,711
*30,733
*18,857
*83,760
*111,138
1,729,067
163,180
1,724,603
51,210
1,532,050
*61,245
12,405
*376,919
*442,827
*337,500
1948
1947
1946
$441,716
$473,845
$425,267
$371,293
23,2"8
19,325
*26,776
*25,948
*31,257
*72,383
*60,733
3,010,225
2,787,662
2,409,531
2,703,046
-
;
'1947
1946
230,943
*151,246
*373,121
*89,993
*473,233
♦Deficit.—V.. 170, p. 112.
Machine
victim
income
dealers
at
announced
by
equipment
farm
war
has been
?ince
rubber
red
belting
market.—V.
1—
railway
.
income
170, p. 112.
;
,
169,
expected
2534.
is
p.
to
get
wide
a
welcome
in
farm
the
.
Spiegel, Inc. (& Subs.) -Earnings--*
Net
-1949
1947
,1946
$611,264
$1,806,285
689,000
237,729
680,000
*$373,535
1,594,676
$1,126,285
1,305,539
,
v
Not
Stated
profit after charges
taxes
$1,810,448
$1,121,448
1,604,9761,604,976
6 Mos. End. June 30—
*
170, p. 344.
Net
—
^
1948
a
shrs,
♦Includes
during
which
two
competing
Net
stock¬
ry.
meeting was adjourned
week,
stockholder
in
17
McGoldrick,
other
—V.
is
factions
by Louis Segal,
dividends
years.
former
headed
to permit a tally of the proxies. When
it will be held at the company's office, 395
Four hundred stockholders attended the session
Broadway, New York.
Aug. 3.
^
tAfter
-$0.09
<
are
critical
of
the
present
management
principally because the company has paid
of the opposition
Controller of the City
One
by Carl Bresnick,
a
shoe
groups
of
is
New
led
by
York,
no
Joseph
and
the
manufacturer of New York.
170, p. 402.
''
*
from
railway
1946
$169,768
41,200
14,257
-
$126,527
27,143
$,767
942,407
240,212
79,790
935,576
164,090
21,490
27,838
income—
oper.
' ?
170, p. 12.
Spokane Portland &
698,223
9^,134
60,284
from
Net
from
Net
ry.
From
from
1947
1948
$2,023,980
$1,933,217
475,620
647,683
railway
Jan.
from
Seattle Ry—Earnings—
$2,092,647
492,155
railway—,—
1946
$1,607,338
112,656
220,716
300,965
387,022
885
11,500,203
11,946,986
8,925,721
2,557,616
2,711,239
1,006,399
959,240
10,472,761
2,566,651
904,516
income—
oper.
ry.
•
1949
June—
Gross
Net
Output—
$121,410
*2,825
*33,058 •
1,013,813
170,573
Income—;
railway
Deficit.—V.
Gross
Southern Colorado Power Co.—Weekly
1—
railway
railway.^
oper.
income—
796,149
*
*162,071
..
Electric
totaled
output
3.251,000
of
this
kwh.,
company
as
corresponding week last year,
-«:$0.60
preferred dividends.
1947
1948
$204,634
58.016
29,997
railway
railway
oper.
from
next
$0.56
gains.
From Jan. 1—
ry.
resumed
1949
from
from
Net
is
Nilcapital
net
of
June—
Gross
groups
The
$184,808
tNet loss.—V. 170, p. 345.
Net
it
outstdg-
tEarns.: per , com.: shrs.^
Spokane International RR.—Earnings—
session
seven-hour
t$837,399
profit
Common
.v
'
*50,068
to
the
subsidiary.
a
wartime
of
Available
Gross
D.
*257,381
offered
before
Co.
farmers everywhere, the red rubber belting became a
rubber-saving regulations in 1940.
the war only as a higher-priced industrial belt, the
Popular with
$261,133
Net
*88.171
since
prices
1,478,718
*258,307
belting
rubber
belt
Holland
New
Net
headed
-
♦25,239
red
first
agricultural
Gulf RR.—Earnings—
sought to wrest control of the
company
from
its
management, the annual meeting of stockholders was ad¬
journed Aug. 3 until 10 a.m. Aug. 11 with the control issue still in
I
income
railway
con¬
June
present
holder
1,475,004
From Jan, 1—
Gross
Net
5%
Co., Inc., Chicago and placed privately.—V. 170, p. 148.
trol—
13,500,937
4,182,189
1,437,966
raiiway
oper.
2,213,542
501,775
also sold $300,000
company
holders and
Segal Lock & Hardware Co., Inc.—Groups Seek Con¬
113,821
1949
ry.
2,587
43,967
covering
After
111.
railway
1,190
34,167
statement.—V.
$2,079,213
629,318
457,301
June
from
67,922
1948
oper,
The
from
1946
$306,605
140,697
the
addition
vertible subordinate notes, dated June 1, 1949, due
In
1947
$307,644
43,156
and Profit sharing pension fund of Sears, Robuck & Co.
(Chicago) July 29 filed a registration statement with the
25,000 Fund Memberships available to employees of the
company and its subsidiaries,
together with 650,000 shares of Sears,
Roebuck capital stock which may be purchased for the fund during
the 12 months' period following the effective date of the registration
SEC
the
2,055.388
income—
Rutland RR.—EarningsGross
vestors.
$313,142
1946
149,101
additional
an
$300,000 first mortgage 5% bonds with institutional in¬
doubt.
income-
railway
oper.
p.
vately—The company has placed privately
Employees
Prom Jan.1—
Net ry.
—
income—
403.
oper.
170,
Sears, Roebuck & Co.—Registration Statement—
Earnings—
282,079
ry.
$2,575,290
The Savings
will
w.th
1947-
$1,760,101
railway
oper.
1948
from
Net
170, P. 112.
service.
June-
$457,428
1,002,540
1,407,358
107.538,466 320,387,627 110,708,335 103,380,292
21,471,426
29.278,995
25,598,548
lci.c.56,587
9,759,124
13,728,164
20,872,591
8,035,357
railway
railway
from
Federal
The
will
" '
1948
$359,195
41,105
*18,947
2,127,571
1,609,262
income
oper.
1946
1947
From January 1—
Gross
Net
$1,057,466
1948
$16,927,844 $19,703,590 $17,197,700 $16,807,302
3.528,319
4,524,580
3,603 200
2,514,101
railway
.
Wilkinson,
copnect.on
ry.
SLoss.—V. 170,
Ry.—Earnings—
1949
from
Net
1,490,802
204,770
income
♦Deficit.—V.
above.—V.r157,
22,340,942
railway
from
Gross
&
railway
from
ry.
10,438,824
June—
47,074
290,734
$896,430
income-
53,354
Jan.
Net
426,100
68,000
System charged against surplus by paying companies.
p. 112.
,
>
5,033,906
$295,836
from
Net
>
35L-£f ?fe'dbyC.c<"npany and 4,000 shares by
Charlotte N.
Net
$8,063,808 $45,697,798
$7,639,108
railway
oper.
From
.
Net
4,149,057
668,238
1949
Net
550.
p.
company on July 27 filed a letter of notification with the SEC
•for 54,000 shares ($1 par) common
stock, of which 50,000 shares will
Net
4,119,163
net
-
Resort Airlines, Inc., Southern Pines, N. C.—Files—
Net
691,531
3,575,449
railway—
from
from
21,614
JRepresenting dividends received from solely controlled af¬
companies included in net income of S. P. Transportation
System.
8,767,568
9,226,996
25,496,913
1,566,514
1,517,C41
June—
:."v
•
V
pricing
adjustments
at
$2,480,000
Net
Republic National
—Acquisition—
Net
9,714,050
4,288,722
1,728,460
9,411,025
22,453,560
1,666,961
San Antonio Uvalde
*$789,000
—
2,353,230
426,100
♦Excluding S. P. R. Co. of Mexico.
^Representing interest on bonds
Pacific Electric Ry. not credited to income of S. P. Transportation
The
Gross
he
of
1947
taxes
—
"*AJter
f
1948
19,629,612
8225,656
5,305,080
1949—6 Mos.—1948
expenses.
•Deficit,—V.
10,259,994
571,582
4,291,460
income
oper.
4,662,481
99,496
income..
SYSTEM
OF
1949—Month—1948
railway
railway
from
ry.
Remington Arms (Co., Inc.—Earnings—
6 Months Ended June 30—
affil.
*696,729
from
Net
4,142,561
cos..
Sys.
solely-
4,554,823
$396,545
oper.
9,766,186
P.
S.
of
income
10,552,908
4,,558,812
•From January 1—
Net
*
of
income
484,739
1,672,079
'71,017
_i,
from
23,961
71,017
21,614
$9,321,274 $10,301,438 $54,537,053 $57,773,577
railway
railway
62,502,018
28,179,542
1,959,065
<Cr)__
1949
ry.
29,880,538
714,606
6,125,587
(Dr)__
from
Net
6,390,463
21,147,250
55,903 l?;
334,347
1,040,822
adjust.
NOTE—Comparative figures for June, 1948 include net credit adjust¬
of $328,771 applicable to period Jan. 1 to May 31, 1948 caused by
in railroad unemployment insurance.—V. 170, p. 112.
Net
'24.632,778
5,247,760
adjust.
St. Louis-San Francisco & Texas Ry.—Earnings—
securities will be issued to Red Rock
Eastern Corp. in exchange for its principal assets. Office
901 W.
Peachtree St., N. E., Atlanta, Ga.—V. 162, p. 2519.
15,445,886
5,701,364
fConsol.
reduction
These
1954.
5,675,858
tConsol.
June—
on July 28 filed a letter of notification with the SEC
shares of common stock, and options to buy an addtional
9,689,698
5,084,765
income
Transportation
170, p. 10.
The company
8,190,249
deductions
$7,362,010
786,121
ment
Gross
47,251,112
23,614,977
2,238,643
charges
—V.
Red Rock Bottlers, Inc., Atlanta, Ga.—Files—
10,533,271
2,618,770
2,052,635
income
Miscel.
347,060
62,694.969
59,015,394
*
income
12,397,338
5,259,938
opers.
ry
3,665,406
chgs.—Int.
funds
sinking
g r.yy. •
$
2,072,982
income
Conting.
1949—6 Mos.—1948
'■•■$:
50,569,617 260,325,400 281,127,443
40,036,346 213,074,288 218,625,425
43,789,264
charges
Balance
rai.way_
oper,
1949—Month—1948
income
Fixed
income-
from
System—Earnings—
solely controlled affiliated companies)
43,561,541
36,164,203
accruals..
Southern
Other
3,062,249
2,470,058
112.
9,541,537
way
oper.
1946
202,400,477 217,825,938 200,026,036 186,345,578
33,502,958
45,209,517
46,383,403
17,034,034
10,311,762
17,307,818
15,091,976
11,217,085
49,364,380
income
oper.
income
ry.
July
on
1947
4,583,280
9,,138,604
expenses
Total
sold
were
■
54,,442,462
& struct.
equipmentTransportation
exps.'—
Net
1948
„
8,020,998
of
Other
properties
51,338,195
revenues
of
Maint.
From Jan. 1—
Net
1949
4,000,591
income—
oper.
Consol.
Operating
875,877
income
oper.
$1,354,219
:
.
railway
controlled
railway
Deducts,
1947
1948
1941
$1,472,793
♦
-
>
income
fr.
ry.
Other
1946
1947
$9, 631,641
1,,986,284
1, 336,873
706,600
EARNINGS
Total
Reading Co.
412,296
$107,738
2,249
..
!—
tax
Net
June—
$1,766,515
412,296
.
.
.
Ry.—-Earnings—
1,530,689
401.
170,
.*
(net)
Net
•Deficit/.
official
,
handling
capab'e of
architectural
$1,885,089
34,358
transportation
bus
railway
rev.
Railway
2,790,719
Period End. June 30—
Capetown was announced Aug. 1 by H. C. Ingles, President.
icircuit
$142,096
34,358
Railway oper. expenses.
I—
cper.
Maint.
Communications, Inc.—New Circuit Opened—
1,772
13,810
(Incl. Separately operated
*188,938
9,369,871
income—
Jan.
' 147
.:
i
Southern Pacific Transportation
$1,115,658
160,757
2,961,434
$8,733,492
railway
230 *
'.
12,024,884
4,517,024
1949
oper.
252,450
.
$136,287
Railway oper. revenues.
1,791,644
„
from
284,460
8,719,918
St. Louis-San Francisco
June—
.
Crll2,190
stock
.
oper.
Total
-From
Three
.
—V. 170, p.
1948
1946
62,254
8,167,720
—
.
railway— $38,856,782 $40,390,058 $34,375,199 $32,129,559
9.793.547
8,637,743
7,972,133
4,227,335
from
from
ry.
Rents
railway
railway
from
686,926
6,298
$1,908,850
$2,034,548
$2,059,609
21,037
Crl,407
J
oper.
ry.
*Net
Radio Corp. of
1,014,348
Crl7,257
railway
From Jan.
$951,679
.
• 1947
$1,197,930
188,676
Income—
from
Gross
:
$101,929
from
Gross
1—
ry, oper. income—
♦Deficit.—V. 170, p. 112.
2318.
p.
'
Ry.—Earnings—
1943
$1,276,836
railway
Jan,
Mexico
&
1949 -;
railway
oper.
From
Brownsville
Net
Period End. July
*Net Income
-
$161,873
.
29,047
—
pfd.
on
from
•Net
Net
*
$1,173,829
————.
'vx:;: ;:r>- '
from
Net
Purity Bakeries Corp. (& Subs.)—Earnings—
156.135J
?;
$148,307
Period End. June 30—
St.
Net
488.
p.
.
Southern Pacific Co.—Earnings—
During the six months ended June 30, 1949, 11,970 shares of second
preferred stock were retired at a cost of 500,320.—V. 169, p. 1889.
Gross
Col.
86,400
854,341
1,041,538
7,200
.
„
:
income
Net
June—
Ltd.—Earnings—
6 Months Ended June 30—
Division
.
131,140
deductions
Gross
from stockholders.—V;
information
St. Lawrence Paper Mills Co.,
Net
7,200
disct.
debt
NOTE—Company's
$4,553,922
is seeking
Mayr
of
Net
Net
792,809
86,400
774,519
•
23, 1948—V. 170, p. 246.
$4,093,607
$345,815
Int. and amort,.
,fi
811,247
,
debt
long-term
Dividends
in which It
with Joseph
motion
dispute
court
a
201,931
$531,004
Mr.
-
,
.
_)
expense
Other
1
Guarantee of Legal Costs—
on
has
$329,073
$529,929
184,114
Balance
-
plant
Balance
meeting of April
49,678
4,724,621
4,345,325
-68,903
r*
-
Co.,
$6,946,291
$6,283,264
Dr 2,502
$9,534,258
-386,225
337,28872,916
income
on
Amortiz.
$6,332,942
2,239,335
$533,506
2,747
(net)
of
1949—12 Mos.—1948
$9,091,450
$780,337
$696,853
deprec.j—
taxes
Gross
-
$6,950,243
Dr 3,952
$527,182
revenues—
oper.
Ckher income
,
./
Mayr, who represents a group of stockholders.
v. /;
In granting the motion, the court gave Mr. Mayr 15 days in which
to furnish his guarantees.
At that time, it was indicated, the case will
be postposed to some time in September.
1,858,650
1,507,404
160,000
129,000
taxes
income
:
1949—Month—1948
"
—i-
acquisition: adjusts.,
.
General
period End. May
Federal
30—
Federal income taxesu^.)
St^JLawrenc^Corp., Ltd.; (R'Snbs.)-MEariiir)gs--Net
*
*
—v
Amortization
total
a
drawn for redemption
for
Provision
of 4,452 shares of 5%' preferred stock were
Oct. .3, 1949 at $110 per share and accrued
dividends. Holders of the drawn shares were notified directly. Payment
will be made at The Chase National Bank of the City of New York.—
On
Paper
Ltd. below.-
Puget Sound Power & Light Co.—Earnings31—
1949—Month—1948
1949—12 Mos.—1948
revenues
$2,244,881
$2,414,178 $28,286,307 $28,517,882
'Operating expen-.es
1,5^%.699
1,720,672 20,495,639 19,708,989
revenue
.Operating .expenses.
Power
Operating
402, --
p.
Period End. June
Gross
.
170,
Southern Indiana Gas & Electric Co.—Earnings—
•
.
t
,
1948
$142,557
railway
railway—
oper.
;
1949
3.70, p. 10.
has been asked to authorize a
ttemer of the facilities of Braddock Light & Power Co., which operates
The
from
ry.
»
Potomac Electric & Power Co.—FPC Asked to Author¬
ise-Merger of Braddock Light & Power
from
Gross
Net
Net
"
'
1—
$642,723
181,170
110,671
$811,561
i
Southern Co.—To List Stock on Big Board—
directors on Aug. ,1 authorized applications for listing on the
or about Oct. 1, 1949 of the outstanding
12,020,000 shares of common stock presently held by The Common.wealth ti Southern
Cprp. and substantially all of which will be
distributed to the holders of the common stock of the latter corpo-
Ry—Earnings-—-
J'.-li'**
):P-:June—•
s.riv; 1946
1947
,
Monday,, August 8,..1949
CHRONICLE
FINANCIAL
&
Sacramento Northern
Pittsburgh & West Virginia Ry.—Earnings—
(
COMMERCIAL
for
the
week
ended
July
27,
1949,
with 3,350;000 kwh. for the
decrease of 3.0%.—V. 170, p. 403.
♦Deficit.—V
170, p.
148.
;
compared
a
(Continued
on page
51)
i'
-
Volume 170
Number 4827
THE
COMMERCIAL
Stock Record
&
FINANCIAL
Range Since Jan. 1
Lswsst
Highest
f per share..
f per share
$ per share
37
76
Dec
27a
100
Dec
6%
Jun
70
May
14%
Feb
46%
3
Abbott
7
Abraham & Straus
7
ACF-Brlll
16
13
14
35
Jan
3% Jan
Adams-Millis
2
41% July
27% Mar 28
34
22%
14% Feb
5
5% Jun
20
99
Nov
2%
8% Apr
65
Nov
2%
37
65%
23%
25
64% Jan
24
75
May
17 % Jun
14
27% Jan
May
Apr
90
83
Jun
6
96
Dec
11%
Mar
198
Dec
25%
Dec
25
Feb
Mar
83
22
3
3y8 Nov
6% May
2% Jun
14
44
50
Jan
Feb
121
May
89% Feb
Dec
62% Jun
3
3
4
37
Apr
Oct
10
Mar
Nov
6%
47
;: 68
Mar
51
18% Mar
58%
'31%
29% July
70
May
Feb
Nov
6 V*
Sep
10% Dec
3
Dec
103
6%
76% Feb
163% Oct
74
Jun
2% Jun
81
Jun
100 y8
18% Mar
27
Dec
15
Dec
14%
10
Jan
3% Jan
185
1
82
Jan
19% July
1
*65%
67%
l
2%
2%
50 %
*69%
18%
19
15% Feb
conv
8
Chemical
Kid
3%%
July
47% Aug
45% July 27
99
3
108% July 27
3%%
25% Jun 14
36% Mar 31
American
yy
Rjuirefer Previous
Year 1948
Lowest
f per share
5
Jan
13 y8
4% Feb 28
19%
Dec
15% Feb
24
13% Jan
5
1% Jun
7
18
Apr
2% Jan
14%
Jun
Not
77%
Jan
37
Jun
17
51
35%
Dec
43% May
34
Jun
13
37% Feb
Dec
3% Jun
6
Jun
24
37
Sep
7%
44
Jan
Jan
3
6% Jan
3
58
53
3
47% Jan 27
24% Jan
5
29
8% May
5% Jan
5
46
Jun
79
Dec
92
Jan
73
Feb
23
10%
13%
Feb
15 Ye
Jun
11% Feb
7
Jan
19
Jun
15% Mar
1
16 7a
Dec
26%
Jun
12% Jun
95%
Feb
Jun
73
108
12% Nov
72% Dec
6
11% Jun 13
94%
76
35
93
98
Dec
8% Jan
5%
Dec
Dec
July
»
4
7% Feb
25
95% May
86% May
83% Feb
70% Feb
80%
Nov
:hj
69% Nov m
12% Feb
162% Nov
13
06% Jan
16% May
176
Jan
6%
16%
Dec
12%
28
Oct
38
Sep
46
'Apr
46% Feb
68
10
169
Jan
Feb
32
139
Mar
31
Mar
125
Nov
163%
May
Jun
Jun
37
Jun
39% Jun
142
Feb
6% Jan
36
% Aug
*
5
83
4
6
8
4
14% Jan
3
<
$5
7
17
41% Feb
3
Amer
13
56% Jan
7
Am
11
156% Aug
3
7%
27% Aug
2
American
Stores
24%
Jan
54 % Mar
Oct
131
46%
Feb
115%
Nov
6%
Dec
X33%
Nov
90
Dec
76% Mar
68%
144
Jan
Mar
71% July
120
Jun
12% Jan
13
10
126% Jan
17
American Sugar
7% preferred
6
60% Jan
3
3
135
Jan
49% May 10
Apr
6% Jan
3
21% Jun
6
112% July
8% Jun
83
Mar 31
59%
Jun
2
4% Jun
6
18% July 20
150% Jan
Nov
67
May
48% Jun
1
Feb
41% May
45% Jun
25% Jun
14
35% Jan
7
Feb
22% Jun
14
35% Jan
8
38%
Jun
3
25% Jan
99% Mar 29
25%
-
Oct
Sep
107
Jan
46% Mar
60%
Jun
48 % Jun
18%
36 %
Jun
14
Apr
Feb
8
Mar
4
Dec
Sumatra
Aug
35% July 26
105
Mai
2
Tobacco
1%
52%
*5%
5%
*18%
18%
*16%
•
7%
.
t per share
1%
16%
•46
'48
9
*5%
26%
♦103
♦6
27
106
6%
27
*102%
y *6
100
♦175%
79
77 74
7774
13%
131/4
13
1374
80
80
13 y
*783/4
*783/4
80
5% y
V
6
5%,.
80,y
5%
5%
27
25 %
26%
*103
103%
180
•175 /
26%
♦103
105
5,200
100
3,700
,
!30
574
300
27
2,500
105
100
674
100
*34%
353/4
400
11%
117a
1174
37,200
97%
97%
98
98 3/8
83
823/4
83'%
83
83%
12%
12%
12%
175%
123/4
13
e
yy
6%
*6
12%
*35%
*4 7a
200
y
5
175%
180
*6
175 72
17572
-
1
'
73/8
7%
7%
772
7%
5,000
333/8
34
33%
33%
x333/4
3472
4,200
*38%
38%
*38%
383%
38%
38%
38%
38%
*38'%
383%
70
46%
X46%
4674
4,600
1553/4
180
45%
154
*40
141%
45%
154
*8%
*36
122%
154
153%
46% •;
40%
40%
403%
403%
1413%
143
14174
14174
23%
23%
233/4
24
23%
24
23=/4
24
2,200
26%
27%
26%
27%
27
27
26%
26%
1,900
8%
36%
123
8%
36%
*123
40%
143
83/4
36%
*8%
36%
r
126
*123
9
yy
yy
17%
17%
17%
142%
142%
142%
7%
84
♦62
70%
47
58%
120
70%
70%
147%
148%
58%
583/,
120
148
58%
120
119%
71
18
142%
,
149%
59
119%
7%
7%
7%
26%
26%
27%
26
263/4
7%
7%
70%
148
58%
*120
7%
26
•
9
■
36%
126
,i' 9
36 72
*123
IS
18
143
143
9
36'%
127
18
14372
400
50
700
500,
200
700
25,900
71%
71
7172
1483/4
148
14872
360
583%
3,600
583/4
121
7%
26%
587a
♦120
120 7/a
6,600
30
7%
7%
3,200
25%
263/8
II,000
84
*82
86%
*84
87%
*84
88
*84
87%
66%
♦62
67
*63
65
*62
67
♦62
68
35
*34%
35
♦104%
105
*51
703/4
.
*83/4
*123
17%
142%
*141
*36%
36%
126
,17%
41
41 y
40%
143
142%
26
46
1553/4
141%
*17
69%
453/4
1561%
41%
142%
147
453/4
155%
156%
141%
26 7a
100
45%
154
6%
6%
6%
60
28%
28%
26%
62
51
19%
19%
19%
93/4
9%
*9%
*2%
3
♦2%
3
59%
617a
360
283/4
28%
283/4
28%
2974
9,700
26%
26
26%
2674
27
35
51
*9
100
6,555
26%
-
104%
52
20
672
6%
28%
283%
26
19%
672
6%
59%
62
25%
10
6%
:>
353/e
104%
*59
35
*104%
6%
61%
35
105
*60
35
♦10472
•50%
51%
♦50%
51%
♦5072
19%
19%
19%
19%
193/4
*9
93/4
*2%
3
♦9
2%
35
105
750
700
10
517a
200
20%
8,800
93/4
*97i
9%
23/4
•2%
2%
<
2,400
21,900
80
7%
7%
i;
1,600
34%
26%
5
♦76%,
13%
*77
,
12%
105
Mining J
133/4
12%
*34%
Copper
133%
81
*104%
W Products Co Inc
13%
13%
80%
Anchor Hock Glass Corp com„12.50
$4 preferred
No par
Andes
13%
80
80%
25%
A P
700
300
97%
,60
28%
5
12%
18
96%
25
12
123%
18
96
50
4% Jan
13
18%
11%
No par
10% Jan
98
*18
11%
$5 prior conv preferred
8% July; 7
98
*12%
103/4
Anaconda Copper Mining
Anaconda Wire & Cable
Anderson-Prichard
*95
36
6%
7
100
6,100
I,900
7%
24
21%
97»
33%
No par
Co
Oil Corp
200
273%
9 7a
7%
100
8c
2772
9Vs
36
1
Clayton
27%
9%
34%
7
24
com
500
48
27%
36
*175%
.200
4
32%
No par
preferred
$4 conv prior preference
& Smelt
Amer Zinc Lead
*46
700
367a
13%
6%
12%
180
500
4472
18%
263/4
12%
5
*33/4
'
12%
103%
No par
1,900
1,200
98
27
80%
Inc
*36 72
3%
.
•; 700
12%
181/8
y
105
80%
13A
44
48
.
5172
36%
9 %
*90
95%
1%
517a
3%
*46
167*
,8.8
36%
27%;
400
300
-
183%
16 7a
37%
4
Shares
5%
*18
46
47
95%
V
46
*
5%
5%
46
9
95%
common__No par
7%
*36%
10%
♦119%
Co
1%
52%
27%
10%
100
Woolen
1%
47
10 %
25
16%
7%
46
Vv
<1
10%
5
18%
*16%
52%
♦3%
No par
100
5%
8%
28
'''
the Week
5%
48
27%
;:
Sales fer
1%
53%
1%
4
*46
•••..
Friday
8%
36
Tobacco
800
Aug. 5
53'%
53
*8
36
common
31%
tper share
18%
18%
16%.
*18%
.
1%
1%
*51:
5%
*5%
16%
35%
25
40
Aug. 4
Thursday
Aug. 3
share
35%
100
300
< per share
Wednesday
Aug. 2
I per
53
27%
27%
y.;,9iyy 9':.;y
58%
23% Jan
For footnotes see page 26.
STOCK
*78%
100
15% Jun'13
4
*30 '/a
36%
common
Anderson,
2% Aug
31 %
31
Tuesday
;yy.;
5%
18%
16%
Corp common__l4
55% Jan 27
6% May
20
62
*30%
30%
•3%
preferred
American
4
30%
31%
30%
fper share
100
Am Water Works
91% Mar 11
7
1,000
36%
preferred
5%
17
51
'98
6%
8% Mar 30
Jan
108
3%
No par
Refg
American Viscose
May 16
30
1
American
7
6% Jan
Aug. 1
No par
American
80
10774
37%
com
5
Dec
107%
No par
13
x5%
107%
13%
71% Aug
38% Feb
107%
107%
,13%
149% Jun
120
8,600
3%
American Tel 8c Tel Co
Jan
45
13%
5
63
73 7a
437a
13%
American Stove Co
37% Jan
10
14
73 7a
44%
common__l
Co
17
July
15%
72%
43%
12%
18%
Foundries
16
15%
72%
♦36%
preferred
25
56% July
Jun
Snuff Co
non-cum
7% Jun
18
8%
6%
31% Feb
Xll7% Apr
104
American
July 26
♦15%
200
15%
1
100
2,400
18
72%
*45%
par
4772
♦1774
44%
47%
preferred
46 7a
17%
15%
47%
par
30
46%
1,300
h.
44%
107%
8%
47%
Ship Building Co
No
& Refg common_.No
21%
1077a
*71%
8%
Smelt
300
21%
1077a
108
15%
8%
5
2,000
72%
107%
Monday
18%
16%
_40c
No par
707a
45
98
Safety Razor
Seating Co
6
Jun
*16%
210
2874
*68
21%
100
183
28
70
46%
17%
18%
American
21% Jan
138
47%
17%
*90
American
Apr
Jun
46%
*12%
1
27
158%
47%
17%
18%
5
21
147% Mar
47%
*16%
90%
183
28 %
*21%
12%
com
90%
183
*107%
98
July 26
Steel
16
22
108
No par
American
Dec
21%
•107%
18 '%
preferred
3
16%
21%
107%
No par
Amer Power 8c Light
$6 preferred
7
Jun
21%
30%
*5%
1
90%
183
107 %
5%
Aug
120
*68
78%
Jan
41
May
131% July
20% May,
69%
5%
41
Feb
69
78%
28
Dec
69
80
143
10%
69
No par
3
34%
69
13%
5
116% Mar
28
78%
14
Dec
28%
13%
Jan
,.
I per share
No par
Co
2,600
91
183
28%
*76%
Molasses
91
90%
10
American News Co
1,400
y
LOW AND HIGH SALE PRICES
Saturday
July 30
100
2,500
3
182%
108
*30
61/4
3
28%
44%
108
6 7a
3
90%
*15%
101
♦99 7a
6%
182V2
*70%
33
100%
27%
15%
300
32 7a
3
90%
72%
15%
2,300
6%
182%
21%
70
8
32%
*99
200
66
8
3
27%
184
13%
19% Jun
34% Jan
130
91%
32%
227a
65
8%
6%
*6%
3
80%
Jun
Jan
3
13%
35%
35% May
6%
3
*75%
25% Nov
140
6%
3
,227a
65
8
101
*98
6%
3
♦12%
May
-
10Q
6%
•90
34% Aug
8
100
33%
No par
Amer Rad & St San'y com
7% preferred
176
100
*32%
.
•63%
8%
33%
♦31%
-
,,
'
8%
100
American
22
July 15
10
33
44%
preferred
800
23
23
>65
8'/8
No par
4% %
y
23
'
44%
American Metal Co Ltd com_No par
39
39
1,400
*70%
1
38%
500
1,700
30,200
10
50
38%
274
41
106%
1074
Amer Machine & Metals
19
11
Locomotive
38%
*377t
106%
667a
Amer Mach 8c Fdy Co com
3.90% preferred
July 22
11% Aug
98% Aug
Mar 31
6% Mar
23% Jan
30% Jan
104
38%
2 3/4
2%
41.
106
10 Va
10
100
No par
*.?%
*37%
106
66
17% *
preferred
2%
10%
47%
yy 7% preferred
7% Mar 14
Jun
11%
American
12
22% Jun
conv
500
66
♦16%
6% non-cum preferred
100
American International Corp.No par
American Investment Co of 111
1
81% Apr 20
3
Feb
20
7
8
Dec
6%
Jan
14% Apr
3
Feb
35
102
Jan
5% Jan
Feb
5
12% May 16
18% July 25
18% Jan 20
4% Jun
Jun
10% May
24% Mar
29
Jun 22
21% May
Dec
r
14
6%
5
Aug
100
Aug
303/4
10-
/]• v.yy yy
American Home Products
American Ice Co com
May 17
9 %
*3074
63%
10
com
30%
10%
*98
20
Leather
200
30%
5,600
65%
♦31%
CLOSED
&
827a
10
No par
American Hawaiian SS Co
297a
82 7a
65%
107%,.
47%
Amer & Foreign Power com__Nopar
29 7a
82%
10%
91
STOCK
500
65%
10
♦63
EXCHANGE
26% May
Jan
YORK
96
29%:,29%
41
*22%
No par
Feb
v
39
♦93
400
4,400
*65%
183
Co
96
32
*81%
106%
65 !
No par
Jun
39
106
28 3%
28%
30%
*37%
%
23
$7 2nd preferred A
$6 preferred
Dec
7
106
8
$7 preferred
5%
46
41
105%
*63
6
20%
*37 %
*22 %
preferred series A-100
American Hide
2%
41
*273%
317a
700
2,200
r.'L
167a
32
*93
29%
167a
200
82%
*30%
2%
8
4
5
30
2%
96
•
29
♦81%
■;0-
82
39
31%
•91
V 29%
* 82
2%
*27%
32%
65
Apr
31
96
:
28%
31%
23
9% Apr
Jan
29
27%
16%,
'
30
;
*16%
8
American Encaustic Tiling.,
4
3%
6%
&
American European Secur
American Export Lines Inc
10
Dec
Dec
1%
42
179
'176
16%
♦22%
Par
8
19
Apr
4% May
89% Jan
176
176%.
16%
3,400
10%
100
$ per share
Apr
5
18% July 28
.176
176
.
*63
EXCHANGE
6 %
7
*6%
187a
66
_25
common..
rstocks
NEW
87
7
6%
18%
18%
10
1
Distilling Co
Highest
f per share
I per share
7% May
Oct
14% Mar
•
Range Since Jan. 1
Lswsst
Highest
Chain
conv
94
*82
7
2
American Crystal Sugar com
4%% prior preferred
American Cyanamid Co com
Mar 11
*91
87
10
common
Corp
American Chicle Co
American Colortype
87
93
*81
6%
18%
65%
*21%
8
49% May
♦38%
*107%
14
Jan
105
100
35 % Feb
-■90
87 '
105
*37%
No par
71% July 29
'<!
29%
30
*2%
Cable
Oct
91
*81
*91
,
82
preferred
Jun
107% Jun
96
500
71
*69 7a
91
7%
32
30
50
50
71
87
28
No par
1
50 Vc
*69%
92%
*6%
31%
29%
50
71
600
14,400
2%
2'/a
*81
28
*81
50%
25,
J"/8
2%
19,400
68
*91
,
32%
108
com
50%
50
Bosch
non-cum
Jun
Feb
preferred
2%
3 7a
153/4
*68 74
68
3,400
4,400
104
3
153/4
19%
28 %
♦91
*66
7%
22 7a
18%
16%
31%
*102
3%
15%
300
47
19%
*28
No par
103%
3'
68
*69%
22
15%
2%
177%
*67%
43
71
*46
22%
*101%
3%
07a
7%
46%
.,
22
15%
39
*37
19
16%
100
94
50%
*69%
V
175%
27%
22%
*49%
71
16%
American
1
50%
87
No par
5%
2%
♦16%
___5
*46
102%
3
*15%
♦66
2%
*6%
7%
175% 176
No par
preferred
Deo
Feb
♦81
7%
preferred
American Car & Fdry com
7%
preferred
18% May 4
17% Mar 21
♦101%
68
"
Dye
American Can Co
5
*66
*91"92%
l
Alpha Portland Cement..
Amalgamated Leather Co
Feb
94%
No par
Co
conv
Dec
14
&
par
gtd~100
Mills
81
25
preferred
Industries Inc
33%
Jun
common
Amer Cable 8c Radio Corp
22% Mar 30
109
102%
_100
y
11
*101
102%
3%
w w
7
47
22% " .22%
15%
prefei^ed
7%
7
*46
a
•
.
22%
15%
6%
7
47
22
*2%
American
July 21
3
7%
*46
3%
American Bank Note
93% Apr 27
?
33 % Jan
106% May 6
39% Feb 15
51
May
20% Jun
.
7
/
38
"v
22
15%
6% convertible preferred
50
Amerada Petroleum Corp
No par
Amer Agricultural Chemical_No par
American Airlines common
1
3%% cum conv preferred
100
7
6
Jun
♦99%
::
10
common
Amer Brake Shoe Co com
No par
104
Jan 114% conv preferred
100
10% Jan
3 American Broadcasting Co lnc...l
60
Aug
38
35
100
7%
48
21%
preferred A
100
$2.50 prior conv preferred_No par
14
21% Jun
May
110
;
10% Mar 29
3
Jan
66% Feb
♦46
5%%
,*
24% Mar 31
■
13
172% Mar 17
Jan
104% Jan
13
6%
50
No par
Allied Stores Corp common
No par
4% preferred
1,00
Allls-Chalmers Mfg common_No pat
31
10% July 22
1
com
•
15%
f Allied
67% July 26
96% July 11
5% Jun
1
49% Jun
Nov
1
38
*38%
5
$4.50
6
Jan
38
2,300
Allegheny Ludlum Steel Corp_No
106% Aug
5
40% Jan 25
30% Mar 23
92% May
177
28% Nov
Jun
61% July 6
x7% Jun 29
43% May
111
Jun
Dec
Jan
20
43
29
34% Jan
6% Jan
•36
1,000
v
31% May 10
7
34 M»
,
Nov
83%
2,800
17%
Allegheny Corp
May 17
3% Jan
2,300
1974
337a
4%%
92
July 27
30% May 12
Jun
20
19 V\
17%
Allied
76
197a
19%
33 74
Allied
26% Jan
20
19
17%
1
31% Oct
19%
19%
33%
24
Dec
20
19
17%
18% Feb
Nov
19"%
19%
♦33%
188% Jan
73
20
19%
17%
14
x25
20
19%
33%
16
8
20
17%
Jun
25
1,100
27a
33%
Allegheny 8c West Ry 6%
25% Feb
2%
2%
17%
Allen
83 % Jan
*2%
34
10
42% May
98
Jun
2%
38%
Mar 12
Jun
91
Dec
2%
2%
19%
_1
Alabama & Vlcksburg Ry
Alaska Juneau Gold Mining
7
28% May 19
32% July 27
2%
17%
17
25
5,300
"
2%
33%
8% Jan
15
Shares
44 74
1027a
37
93% Feb
25 % Feb
43
♦93
17%
7
24% Jun
34% May
37% May
43%
102%
*98
20
EXCHANGE
CLOSED
42%
44%
102%
33%
15% Jun
Jan
__No par
13
July
165
May
21%
Corp
STOCK
•98
39%
May 13
104
July 12
Jun
1
43%
102%
the Week
33%
Aldens Inc
3
May 2
50% July 20
May
10
2%
43%
*98
Sale* for
Aug. 5
S per share
17%
4
25
75
109
26%
Mar
34
Mar
81
70
Dec
90
16%
14
Dec
Dec
Xl71
Apr
2% Feb
58%
100
7%
16% July 20
9
40% Feb
4% May
Oct
Feb
15
64
'
21% May
80% Jun
Dec
21
13% Feb
97% Mar
May
4% May
Dec
19
2% Jun
108
Nov
13%
2.50
43%
102%
Thursday
t per share
Friday
Aug. 4
$ per share
Aug. 3
J per share
43%
*98
PRICKS
Wednesday
Aug. 2
f per share
•...
42%
No par
Tuesday
Addressegraph-Multlgrapfc Corp__lo
47% July 13
23% May 16
100% May 23
3% Apr
2
May 25
18% Jan
3
I per share
Monday
Aug. 1
Admiral Corp
Affiliated Gas Equipment
$3 preferred w
Air Reduction Inc
20% May 17
Aug
Par
U.,
5
new
Acme Steel Co r.ew
Adams Express Co
Dec
46
.
Co
7
Feb
27% May
Motors
41% Apr
5
77a
*18% Dec
Laboratories
21% May 26
19% Jan
6
27%
Dec
July 30
■'./
44% Aug
xl7y8 Jun
Jan
LOW AND HIGH BALK
Saturday
'
f per share
102% July
1% Jun
23% May
Dec
r
STOCK
EXCHANGE
2
18% Jun
35
NEW YORK
14
May
Jan
;
;
Highest
FOR EVERY LISTED ISSUE
-
STOCKS
Year 1848
15
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE
lABft for Prerloni
(499)
New York Stock Exchange
«»
Dili! RANGE OF PUCES
Lowest
CHRONICLE
1,000
16
COMMERCIAL
THE
(500)
YORK
NEW
t per
34%
19% Jun
Jun
15
95
Jun
13
7% Jan
8
49% Jun
7
77% Jan
10
23%
Nov
32%
Oct
89
Dec
101%
Jun
77
5
15% May
Dec
Dec
41%
Feb
56%
Jun
88
Jan
99%
Jun
106
11%
Dec
13
49% Jan
4%%
22
99% Feb
110% Jan
May
11% Feb 28
May
95
Apr
27
87%
Dec
106
July
87
Apr
12
98% Jan 27
26
Jan
35
Jun
30% Feb
14
38% Aug
103
Jan
7%
64
Feb
120%
Sep
80
Jun
14
105% Jan
107%
Jun
97% Jun
14
103% Jan
Afcch
7
Mar
24
44%
25%
Jan
64%
81
102
Feb
114
Feb
99
99
94
Mar 18
39
Jan
Jun
1
110
Aug
2
4%
24
99
Aug
5
Apr
42
Jan
100
Jan
16
114
24%
Jan
4
24
*
Feb
7
106
Jan
7
4%
conv
20% Jan
4
Atlas
Tack
5
Austin
Dec
9 % May
16% May
4% Feb
13% Feb
11
Dec
19
Jan
4% Jun
14
Nov
19%
6% May
25
Nov
11% Jun
Jan
8
Jan
♦14%
14%
14%
14%
14%
14%
♦8%
8%
*8%
8%
*8%
8%
98
98
97
97%
36%
37
37%
84%
84%
14%
110%
14%
170
14 %
700
14%
9
9
500
9
14%
14%
14%
14%
4,100
*100%
'
101 %
100%
100%
250
97%
97%
97%
97%
110
38%
38%
37%
38
37%
37%
3,400
86%
3,400
85
84%
84% ;
84%
100%
100%
101
99
*110
95%
*92
84%
84%
101
101
220
44%
99
*14
101%
38%
99
45
110%
*8%
14%
100
100
45
2,300
1,100
110%
101%
1 r/8
14%
14%
39,300
*98%
109%
100
7%
61%
x45
109%
14%
6%
60%
99
99
99%
109%
100
6%
59%
46
45%
'
98%
*11
11%
10%
35
35%
35
35%
68
68
*67
69
85%
*83%
85%
34%
*99%
11
34%
84%
100%
100
100
67%
10%
2,300
35%
*35
10%
35%
36
1,900
67%
*67 %
68%
85%
*84
85%
35
35%
70
*83%
85%
*83%
34"%
35%
34%
*109%
109%
109%
109%
*109%
109%
109%
98%
98%
.98%
98%
98%
*98%
98%
98%
99
23%
23%
23%
22%
23%
22%
22%
23
23
49%
49
49
49
49
35
*84
110
110
.
34%
35
109%
49
49
48%
49%
*49
♦104
105
104%
104J/4
*104
105
*104
105
17
*16%
*16
17
*16
17
*16
6
6
6
6
6
G
*141,4
670
:/
520
1,400
6
14%
300
5,500
17
*16%
No par
*5%
6%
($1.20)—No par
♦14%
14%
14%
47/a
4%
17
*5%
4%
12
*11%
(The) common—3
preferred.
No par
S4%
11%
14 %
14%
4%
4%
*4%
11%
^
,
11%
35
of
1,200
11
10%
*68
Amer_._5
Avco
Jun
8
14% Jan
13
Jun
8% Jun
13
12% Jan
7
Baldwin
Mar
16% July
7% Jun
13
11% Jan
7
Baltimore
15%
Feb
29% Juiy
14% Jun
14
22% Jan
7
4%
13%
Feb
31%
Jun
14% Jun
13
25
7
Bangor
60
Feb
80% May
60% Jun
13
40%
Nov
59
38
Jun
28
47% Jan
3
Barber
Oil
Dec
28%
Jun
15% Jun
13
2.1
7
Barker
Brothers
$2.25
conv
11%
11%
5%
5%
5%
34%
34%
34%
35
14
13%
13%
5%
5%
Mfg Corp
7
10
17%
45%
490
5%
59%
59%
105
*104%
200
2,300
5
5
5
11%
50
300
14%
*14%
14%
930
-■
1,700
11%
11%
'
7% Jan
Dec
45%
5c
44% Jan
11%
45%
%
5"%.
5%
56%
109%
Co
14
16% Jun
<-?:■
5%
56%
100
No par
common
14
Feb
5%
56%
No par
Corp
4% Jun
13%
5%
56%
99%
No par
preferred
34% Jun
-
85
v
109%
10
common
Oct
46
84%
98 %
Jun
7%
Feb
4%
35% Jan
85%
*23%
Automatic Canteen Co
17% Mar 10
20
84%
100
5
prior pref
Autocar
24
85
45
common—1
preferred—.—100
Nichols
Conv
Mar 24
15
•
84%
109%
$3.75 series B__
Atlas Powder
Jan
6%
84%
♦98%
Atlas Corp
58
4%
84%
25
preferred series A—100
conv
10
July 26
CLOSED
common—1
100
100
Line RR
non-cum
Jun
12%
xll
5%
3
7,400
84%
par
Atlantic Refining common
July 27
1,700
23%
.
par
:
Preferred
64%
Sep
Oct
20
14
13
20
34%
23%
5%
Atl G & W I SS Lines
Feb
25% May
48% Aug
Atlantic Coast
93% Jun
Jun
Nov
7
Feb
106
May
91
xl9%
7
77
50% July
Feb
80
Jan
Jan
7
34
23%
35
15
47
70% July 13
34
23%
♦34%
4
7
33%
23%
11%
53
Dec
33%
23%
*11
30% Jun
Dec
Sep
33%
23%
56%
STOCK
EXCHANGE
par
33%
23%
101
Inc.
Shares
33%
23%
10
T F
the Week
34%
Topeka & Santa Fe com__100
non-cum preferred-".:
100
13
10% Aug
32% Jun
66
5%
Bales for
tper share
84%
par
Investment Co
A
$ per share
23
5
1st
Associates
2
Aug. 4
t per share
No par
Carpet Co Inc
Dry Goods
preferred
2nd preferred
6%
21
96
Jun
com
Associated
15% July 15
19
July
Co
ArLloom
11
111
19%
Cork
No
No
No
No
Friday
Aug. 5
Thursday
Aug. 3
Aug. 2
$ per share
34%
5
com
preferred
$3.75
13% Jan
Dec
62
Illinois
of
16% Jun 30
1
12% Mar
Dec
Dec
Co
$4 conv preferred—.
Arnold Constable Corp
98
13%
&
Armstrong
3
7% July 18
tper share
10
100
com
$6 conv prior preferred
4
15
13% Mar
Aug. 1
$ per share
No par
preferred
conv
Armour
21
Jun
Steel Corp
Armco
3
38% Jun
17% Aug
Dec
Feb
105% Jun
;94
115% July
18% Jun
Nov
13%
Jan
Archer-Daniels-Mldlaiid
34% July 29
27% Jan 26
; v
July 30
Par
Wednesday
Tuesday
Monday
Saturday
STOCK
YORK
share
2
14
26% May
Jun
Nov
6%
$ per
$ per chare
share
68%
Monday, August 8, 1949
RECORD
STOCK
EXCHANGE
Highest
Lowest
Highest
24
103
NEW
Range Since Jan. 1
Year 1948
I per share
CHRONICLE
FINANCIAL
STOCKS
Baare fer Previous
Lowest
&
5
5%
5%
5%
35%
34%
9,300
5%
*34%
34%
:<
•
;
700
"
B
■
10
X20
xl3
May
Nov
45
Jun
36
31
Feb
45%
Dec
39% Mar
9
NOV
16% Mar
15%
Dec
23%
30%
Dec
80%
Sep
36%
Jun
Jan
72
6
10
Barnsdall
12
Bath
3
20
Bayuk
Jan
4
46
July 25
Jan
87% Feb
25
96
May 14
22% May
12% Apr
27
20% Jan
32
90
5
76
6% Jun
Jan
6
10% Jan
Mar
Apr
27% Jun
37% July
20% May
30 % Jun
69
13%
133/s
13%
9%
9%
9%
9%
9%
9%
93%
common
100
8%
8%
8%
8%
8%
8%
8%
8%
3%
8%
7,000
100
♦16%
16%
17
17%
17
17%
16%
16%
16%
17%
2,700
18
17%
18%
17%
18%
177/e
17%
173/4
18%
2,500
preferred—,1
Corp
Oil
3%%
Co
32% Feb ' 4
Beech
14
37
Mar 30
11% Jun
16
16
Feb
1
19% Mar
10% Feb
14
16% Jun
30
Packing Co
Belding-Heminway
Bell Aircraft Corp
?4 V* Jan
10% Nov
Dec
11% Jun
14
17
Feb
18
Bell
5
98
Mar 21
103%
Jun
89% July
Feb
38%
Jun
26
9% Dec
21%
Jan
&
41%
400
16%
16%
300
*36%
37
47%
48
46%
12%
12%
12%
12%
♦11%
11%
11%
12%
12
45 %
45%
*45%
46
*93
94
*93
94
*13%
14
Corp—,
76
76
,.1
_
14%
Dec
Dec
68
-
34% Mar 30
6% Apr 13
26% July
87%'Mar
102%July
Nov
21
13
Jun
11
21% Feb
24
73% Jan
4
Jan
29% Feb
Feb
Mar
139% July
26% Dec
37% May
14% Jan
125
Nov
9
5
Jun
28
23% Feb
37% May
30% Oct
Jan
11
,
26% Jan
25
May 10
23% Jun 13
30% May
Feb
30%
93
33% Jan
129% Jun-
2% July
3
28%
28%
*28%
23
*28%
29
20
35%
35%
353%
353/4
♦35%
36
800
12%
12
32
*12
12%
800
r
29
36
12
*13
14
*13%
*12%
13%
*12%
13%
*90
93
*90
93
30%
*12
*13
14%
Bange Since Jan. 1
Highest
f per share
36% July
,
9% Dec
22% Jun 30
30% Jan
10% Jun
13
8% Jun
6
12% Mar 18
V
17% May
44% July
9% Jun
15
13% Jan
8
32% Mar
33% Apr
26
42 v. Jun
7
19% Nov
29%
17% Jun
13
25% Mar 30
22%
37% May
96
,Jan
Dec
Dec
57%
Dec
30%
16 %
Dec
<51
37% Nov
42% Feb
'
42
>
' Jun
26
10% May
'
71
Jun
6% Jun
12
5
44% Aug
7
54'
9 V
17
Jan
96 *
,
Borden
Borg-Warner Corp
3%% preferred
5
.
13
25% Jan
5
6% JUn
l3
21% Jun
14
34% May
20% Jun
14
26 % Jun
27
98
14
103
47% Jan 10
,
9% Apr
3?
7
291
Jan
10
33
r.
„
Jan
6
Feb
CLOSED
7
92%
•
Oct
101%
23% Sep
15% Mar
8%
Deo
27
12% July
33% Aug
'
Feb
90%
Feb
hor
24% May
124% July
*
120
Sep
7% Dec
'
65
•
16%
16
,
95
Jan
13% Jun
120
Feb
14
16
31% July 27
99% Apr
:
4
Apr
v
Mar 19
9% Mar 30
69% Jan 31
34
Jan
86
93
July 28
12% Feb
15
Mar 29
i
29% Jun
15
36
Jan
;
19
18% Jan
Jun
Apr 28
15
24% Jun
13% Apr
Mar
97
Jun
77
May
7
92
loo
jun
70 y« jun:
6
81% Aug
88
Jan
73
6
774
77
i-
12%
7%
79
t
Apr
Feb
Nov
Mar
8Y«
73
17% Jun
13% Jun
10% July
114
Apr
7
14
Jun-14
Dec
x97% Jun
13
Dec
15%
Jun
6% Jun
13
Dec
89
Jan
2% Mar
16
%
Mar
98% Jan
23% Feb
60
Jun
1
423%
43%
43%
47
47%
*95%
July
35%
98% Jun
10
Jun
20.% Jun
13
Jun
2
Dec
14% Mar
10
Mar
38
Mar
2
Sep
3
May
8% May
31% May
15% May
119
Jun
1
3% Jun
35% Jun 27
16% Jan
8
10% Jun
19% May
47% Dec
Dae*
7
9% Jap
3
100
Jun 24
May
xl9% May
«n»
27
16% Jun
44
For footnote*
26
13
40% Jan
9.fi
5
104-
Jan 25
26% Jan 24
36% Jan 26
58
-
Buffalo Forge Co
Buff Niag El Corp 3.60%
Bullafd Co
t
1
Bulova Watch Co Inc
—No par
1.1
pfd
100
.Nopar
5
...
Burlington Mills Corp common...1
4 % preferred
100
3%% conv 2nd preferred
100
common
15
57
553/4
57
21%
20
21%
18
18
is y4
433/4
44
44
47%
47%
47%
97
96'
96
24%
24%
*24 y8
23
23%
23%
29%
29%
29%
7
103
t :
30%
2t%
24%
24%
%
3,500
483/s
5,000
32%
:
30%
30%
9%
30
•
•97
32
32
*98
/■■'
99
*32
'
100
*98
•121 A 124
9%
>
32%
9%
15%
67%
67%
15%
*121%
*32%
32»A
313/4
31%
93
93
93
13%
14
14
14 y8
13%
13%
32
32%
32
32
17
17%
*87
88%
14%
8
~v
-
81%
*8i
*73
143/4
xl4%
77/s
8
31%
.
.
31 %
16%
8
102%
oOO
861/4
*80 5/8
81%
80
A
14%
7%
A8:/.:
73/8
1,200
1,000
17
86%
*72%
143/4
500
•
V
31%
16%
87 y2
'
81%
'
31%.
xl6%
*
80
.
i
'86
4
102%
8
13%
-
88%
80
14%
14%
'•923/4
17
16%
*81
80
•
*87
•73
81%
♦73
1.Y-*
32%
33
13%
*80
V
123%
400
133/4
*
4,200
5,100
•13%
.
1,600
16
9%
93
:
A/ .-/'A
a
16'A
67%
93
.
32%
100
93/8
323/4
87%
1,700
200
671/4
93
17
1,500
9%
93/8
93
32%
*121%
124
50
30%
•
67%
323/4
16%
15%
2,200
S%
93
87%
"15%
1,300
283/4
67%
323,4
32
*98
'
15%
'%•
25
105
9'/2
*92%
.1
32%
v
16%
1,000
67%
'
9%
67%
>
32%
100
-
*15%
124
9%
67%
;
*121
124
♦121
9%
67%
*32
*98
15%
15%
v
;
32%
% 100
15%
9%
550
1,700
243/B
29%
9%
9%
1,500
7%
28%
*103
700
40
24%
283/4"
*2S%
9%
81/4
81/4 *
24%
105
300
<
31%
7
24%
28%
30%
9%
31%
243/4
100
2
2
'
1,000
97i/2
40
*102%
105
*102 Vz
7%
81%
'
*721/4
34%
.
7% A
14%
8
9,400
100
200
61%
80
14%
3,700
sy8
102
2,200
90
7
3,700
"
102%
102%
102%
7%
7%
7%
♦62%
65 /
%
102%
7%
63
63
63
63
102 V*
.71/4
63 ya
.
*101
102%-
7
-
;
•
63A
63
63 fa
63%
280
'
*3%
3%
•18%
3%
19%
•:./
*19
:■■•'/
4%
19%
4
4%
183/4
«
4y8
4
"v"--
19.%
*18%
4
4y8
8,100
19%
19
191%
700
'
IOO
100
•21%
100
*99
*21%
22
22
:>
99
33%
33
22%
SS
21%
33%
*32%
*53%
54%
99
..
60
22
600
32%
33
55
:
100
22
33
1,500
*99%
99
*21%
:
32%
32%
54%
♦53%
54%
*533/a
1%
li/4
1%
1%
Calumet & Hecla Cons Copper—__5
preferred
Zinc-Lead
4
,
4
4
4%
4
Campbell W & C Fdy
Can Dry Ginger Ale com
$4.25
conv
preferred
Canada Southern Ry Co
Nopar
12
113/4
105
104.i/2
104%
100
♦35%
37
*367/4
*36V4
18% Apr IV
37%
Canadian Breweries Ltd—
.No par
♦17%
18-
*17%
17% ,u
14% Jan
*17y8
Canadian Pacific Ry
Cannon Mills
July 19
443/8
47%
7
24
29%
28%
.
9%
9%
V *31%
29%
24
*23%
23 y2
1%
6
46'
43%
8%
*24»/4
32%
5% Jan
7
3,000
39
6%
30%
30%
/■",, 9%
8%
6%
103
103
36
6%
♦53%
Callahan
4
1,190
18'A
*97
31 y2
63/4
~
♦102%
31%
35
50
7
12% Feb'
20
18 i/s
•
553/4
18%
'
1%
31%
8%
35
35
1%
2
___l
Jan
109 % Mar. 21
41
May 6
55
•
21%
"' ■;
■
California Packing common—No par
18
22% Jan 10
2,200
8%
8%
35
6%
,
153/B
c
22%
*31
31%
8%
36
15%
Apr
1%
31
8%
*8%
35%
6%
15%
5%
22
2
15 y4
WMffi
22 y4
47%
16
4%% preferred
—__;
100
Butte Copper & Zinc
5
Byers Co (A M) common
iNopar
7% participating preferred
100
Byron Jackson Co „'
;
No pax
4% Mar 30
22
43%
2
15%
Butler Bros
24% Jan 27
2
37%
7
7
Feb
101% Nov
4
Feb
13
May
Nov
Feb
82
31%
31 %
1%
16
preferred —'
100
Burroughs Adding Machine—No par
.Bush Terminal
1
__i
Bush. Term Bldg 7% preferred__100
May 14
9% Jan
*
—
19%
'
2
1,200
111/2
40
22%
*95%
97
153/4
•
♦38
4,400
'
;_15
*11
17%
47%
97
.No par
11
900
5,300
21%
43%
47
♦1%
700
10%
57
*95
100
common
10
19%
13%
5
3%%
7
Feb
30
9
5
Jun
52
21% Dec
•
.
10
3
54%
Deo
9
121
*
7
17
40% Jun
1% Deo
16% Jan
.7;
10
4% May
52
5
Feb
11
Inc
13
13
4o
*
Shares
26
18%
:37
-.100
preferred
$5 preferred
13
27% July
105
27%, Mar
jun
Feb
Co
10
10%
26
19 Ya
22 %
BucytuS-Erle Co common
5
.7% preferred .
1—
100
Budd (The) Co
comtpon
.No par
124
21% May
43% Jun
Shoe
$3.60
11
Brunswick-Balke-Collender ..Nopar
17% Mar 14
90%: jun
.
Brown
,
j
the Week
18%
18%
19 y8
gales for
12%
*38
213/4
22%
Friday
Aug. 5
tper share
26
*123/4
40
57
57%
1
100
2,300
1,100
10 y8
*253/8
25%
22%
18%
.—No par
*
233/4
10
Aug. 4 '
11
19%
56%
Brown & Blgelow
8
22
7% Jun 13
61% July 6
26 % Jun 27
40
>
l,
10
*
135
23%
10
Thursday
22%
22%
——
*133%
*
$ per share
18%
18%
...
preferred
Brooklyn Union Gas
9%
11
*38
22%
„_15
3%%
10% Jan 21
32% Aug
5
6
15% Jun 27
<
72% Dec
81
Dec
3
29% Mar 14
75
*
Dec
78% Aug
12% Dec
29 % Feb
3
Jan
9
11% May
July
Mar
30%
Jan
18% Jan
"
99
Aug
23% Nov
17% 'Feb
15
Apr
23 %
*38
11
40
22%
:
.
25% NOV
1333/4.
23%
40
11
22%
Airways Inc..
2.50
Brewing Corp of America—,
j.15
Bridgeport Brass Co..
No par
Briggs Manufacturing ,Corp__No par
Brlggs & fltratton
No par
Bristol-Myers Co common..
2.50
1333/4
24
10
11
11
*38
STOCK
EXCHANGE
10%
18%
common—
22,300
135
25%
13
10 y8
19
(The)
Braniff
,
16
Jan
V
Boston & Maine RR (assented )_100
Bower Roller Bearing Co...
5
35% Feb 17
8% Mar 30
Feb
Co
3,800
27%
13%
13
10>/8
No par
__l
—.
7
•
2% Jan 13
■
Inc
500
29%
27%
13%
!(•%
123/4
No par
B
Stores
5
Mar
37% Jun
■»
Class
Bond
25%
28%
273/a
$ per share
25 "'/a
25%
10
5
Bon Ami Co class A
,
19% July 28
11% May
36% Jun
4
Dec
x27% Mar
'25 * NOV
1 % Mar
Jan
2.50
.,■/': 25%
12%
___i
Nopar
„
5
*25%
29%
Wednesday
Aug. 3 '
Aug. 2
I per share
f per share
*25
_No par
Boeing Airplane Co„.
Bohri Aluminum & Brass
25%
100
X27 %
*9%
9%
Tuesday
Aug. 1
"1
.No par
& Laughlin Inc
Bloomingdale Brothers...
18
64
,
91% May 11
'
Jan
32% Jan
5
2
42% Apr 21
May
5% May
Dec
7%
18 % Aug
16% May
38% Mar
66% July
6% Nov
26
55
fJan
27'
July 28
Aug
5
96
Nov
1% Aug
32% Dec
-
22
27% May
44% Jun'
Dec
87%
Apr
49,400
23 %
*133%
23%
9%
Monday
Saturday
July 30
Bliss
,
2%
81
*79
•
LOW AND HIGH SALE PRICES
9 per share
,
135
23%
10
♦9%
.
Black & Decker Mfg Co.
Blaw-Knox Co
Bliss (E W) Co
„
12
*133%
24
'
^
EXCHANGE
14% Mar 30
135
•133%
No par
23/s
29
28%
100
24
200
2%
29%
27%
27%
No par
99%
25
29
28
28%
27%
NEW YORK STOCK
"
25
29%
27%
25%
28%
1
99%
23/8
25%
25%
2,700
99%
2%
99%
2%
5,400
25%
80%
*99
•
28%
l
Carpet
Birmingham Electric Co
99%
2%
8%
25%
;
25%
25%
79
*78%
25%
79
*99
_—.
4,000
25%
25%
2%
25%
j_l
$ per share
19% May,
14% Sep
;
2%
com__Nopar
(Del)
1% preferred
:Blgelow-Sanford
_
Lowest
Highest
Feb
13
<
S per share
23% Dec
Xl3
99%
2%
STOCKS
Year 1948
Lowest
997/e
:
Bethlehem Steel
11% Mar 11
*98
8%
•
30 s/8
30%
8%
400
93
*90
30%
8%
8%
8%
^
25%
*78 A * 79
93
30%
30%
12%
12%
32%
*90
14%
*13
34%
12%
12%
93
30%
9
:
79
Co_18 pesos
; Best Foods
136% Feb
31% Mar 21
8%
25%
25%
*
*13
14%
12%
*90
30%
30%
9
8%
500
7%
11%
25%
90
7%
7%
35%
*78
2,700
77%
*28%
v.
10
'
15
77%
7%
12
.10
93%
14%
*75%
35%
30%
933/4
■
•
14.3/4
7%
11%
33%c
com..
Consol Mining
Range for Previous
I per share
Loan
94
14%
75%
35%
Best & Co
30% Jan
29
22% Jun
Appliances
Indus
*93%
15
46
*7%
*28%
Cum pfd $3.25 ser of 1946-No par
Cum. pfd $4 div ser of 1948_No par
Benguet
9% May 31
•
Home
Beneficial
79 * Aug
997/a Aug
2
25-
Bendlx
7
25% Aug
.
94
500
3,900
1,000
45%
46
6,800
75%
1
Bendix Aviation
12%
7
1
,__10
100
coipmon
12%
•
76
5
Co
12%
14%
10
preferred
12%
12%
♦76%
7
29
47%
12%
*93%
50
...
46%
12 3/8
*45%
14%
*75%
7%
♦7
47
*12%
•
46
46
37
*36%
12%
25
37
46%
47%
12%
'
26
*36%
37
RR
Howell
4%%
72
41%
16%
48
Beech-Nut
'90% Dec
72
41%
16%
*68
12%
100
30
Creek
70
41%
16%
47%
2.50
pfd.__.100
/Beech
Aircraft
72
42%
*16%
♦36%
pfd
Beck Shoe (A S) 4%%
July 15
*69
*41%
37
*36%
*
No par
Mills, Inc
40
70
*16
50
common
6,200
16%
*41
16%
__5
!
1,000
42%
70
42
..1
.
Corp
Inc
conv
69
69
*40%
♦16
10
—10
Co
Foods
Beaunit
1—100
(Delaware)
Works
Cigars
18
common—50
common
preferred
Iron
Beatrice
8
13%
9%
21
34%
Feb
32% Feb
14 % Feb
14%
4%%
Mar
11% Jun
*13%
9%
preferred
5%
Jan
Jan
13%
9%
Aroostook
&
Conv
,
Ohio
&
non-cum
41
3
13%
.13
Locomotive
49
15
100
Dec
30
/:
July 27
% Jan
1
Works
Inc
(B T)
13% Apr
17% Jan
4
9% Feb
43% May
16% Mar
69
Babbitt
1.66%
No par
19%
11%
105
25
*
;
12
No par
*45
19%
12%
46
18%
!
12%
>45
...
19
17%
12
12%
46
11%
1".
*103%
12 y8
*45
1%
*
1 %
4%
3%
18%
17%
12
11%
105
*io3y4
';37%
17%.:;
12%
.46
—
11%
105
-
54%
1%
1,500
4
4
17%/:
*533/4
1%
,
1%
41/8
2,700
18
18%
2,100
11%
12
9,400
*io3y4
105
*36%
37%
*36 y4
*17%
17%
17%
18
i2y8
12%
12%
12%
45
45%
110
~~M5
■
•
-45%
37%
—
-
—
700
24,800
-
200
Volume
170
Number 4827
,
THE
COMMERCIAL
NEW
Range for Previous
Lowest
11
48 %
Highest
18
Apr
3%
56
Sep
100 V2
26 y4
$ per share
Feb
50
-8% Mar
110%
32
Dec
41%
121/s
Dec
Nov
6i/4 Mar
9
Dec
52%
Feb
7
14
14
30% Mar
.
108
Feb
97
Feb
105
123
6
Feb
Feb
30
Jun
10
131
Feb
140
391/2
Feb
34%
Dec
20%
Jan
Dec
187/8
14%
14%
14%
331/2
33
33
25
36
Aug
5
Mar 12
140
32% July 28
32% Jan
7
Mar
17
29
7% May 31
Dec
38% July
8% Mar
7
Jan
21
11% Mar 14
6
14
12% Jun
17
Jan
7
24% Jan
8
67/a
Dec
IOO1/2
Nov
108
Oct
83
May
79% May 24
86% Aug
Jan
39% Nov
13
Aug
4
10% Jun 13
35% Jan
71/2
6 % Mar
Jun
4
1041/2 Jan
10%
Dec
15
May
Dc-c
11
Jun
18%
Dec
12%
Nov
Feb
28V2
,20
7%
33
Feb
26%
Jun
100%
Jan
8% Mar 29
Dec
15%
30
22% July
Jan
18
13
24% Jan
7
Jun
14
97% Mar
5% Jun
Jun
8
10
8% Jan
171/2 July 18
May
28 % Jan
34% Jan
451/4
Jan
29% Jun
Dec
90
Jan
79
Feb
9
13
Jan
7
6
3% Jun
17%. July
8
Jun
13
14% May
9
Feb
11
Jan
7% Feb
preferred
Caterpillar Tractor
5% Jan 21
10% Apr
18% Jan
14
5% Jun 28
3
13% July
Apr
13
Jun
4% Jun
411/2 July
23% July
17
10
13
Aguirre
14
15
Dec
49% July
27
Jun
28
36% Jan
40
May
21% Jun
14
29% Mar 30
57
Jun
491/4 Jun
28
55% May
49% Mar
9% Jun
Jan
Feb
421/2
Sep
25% Jun
17
34% Jan 21
45%
Jan
721/2
Oct
56% Jun
14
74
Oct
10
July
15%
20
12% Feb
May 11
Jan
4
Central
Violeta
Cerro de PascO
Chain
Belt
$ per share
19% May
Feb
2%
Nov
44%
Oct
31
Feb
42
50%
Nov
65%
Jun
29%
xl3
Jun
Feb
Nov
19%
Nov
27
'36%
Jan
48% July
16
16
16
15%
15%
15%
15%
Conv
preferred
1
Jun
16
60
26% Apr
97% Jan
25
Feb
11
42% Jan
3
x20
.
Childs
8
Chile
7
5
25% July 27
53 % Aug
3
Cincinnati
25
17
Jan / 3
15%
Jan
21
May
16,
Jun
6
18% Jan
7
14
30 % Jan
8
34%
Feb
Jan
111%
Jun
Nov
34%
Apr
Oct
108%
Jun
105
43
5
85
36% Mar 21
Dec
Feb
3
16
25% Jan 26
11
Jan
107
b9%
Nov
78% May
62% Jun 14
73
39
Dec
47% May
37% Jun
43
12%
Dec
18% Mar
23%
Nov
35 %
11% July 28
24% Jun 22
4%
Dec
27%
10%
Dec
137
147
Dec
60 %
183
Dec
1332
63%
July
31
1332
Dec
X87%
Jan
71
96
16
Feb
25% May
26% May
12%
Feb
16
Feb
86%
13
14%
14
14
12,700
12
113/4
11%
11%
12
13,700
10%
*I0y2
10%
10%
10%
10%
11
11
900
73/a
7%
7%
7%
7%
7%
151/4
15%
73/e
15%/
15%
153/8
14%
15%
15
15 y8
4,300
11%
113/8
11%
113/8
11%
113/8
11 %
11%
11%
11%
4,500
233/4
233/a
233/4
24
24
23
23
23
231/8
23%
23%
23%
23%
23%
95%
95%
95%
96%
96%
95%
95%
95
95%
150
1,100
6%
18
32 y8
315/8
32
82%
82
82%
*3%
5%
53/4
20
10%
103/4
29
29
par
25%
25%
*25
52
*
Dec
•20%
Dec
'
*11
12
*11
'
Monday
July 30
I per share
$ per share
*131/4
10
2%
...100
STOCK
EXCHANGE
CLOSED
8.50
com.
51%
30%
25 7.
52%
2
5%
non-cum
Cleve Elec
5%
2
Cleve
Pitts
Jan
RR
Co
7%
gtd
•2%
Feb
90
Dec
25
3%
cum
12
July 25
Jan
5
Coca-Cola Co
Class
106
-Apr
Nov
Dec
27%
Dec
11% May'
36% July
x24 %
Dec
4
Sep
21
Mar
May
6% May
25% July
103%
;
Jan
24
7
39%
39%
111%
7 *111
V1" 22%
38%
*111
*
22%
22%
*106%
Feb
108%
Dec
•11% Mar
xl8%
*64%
12i/4
"12%
4
4 -
24
138
lilt) -
*74%
12%
Jun
Dec
51
Jan
Dec
29%
Sep
10%
Dec
8%
Dec
15% May
15% July
7%
Nov
29%
Dec
37%
19
.
:
:
*1075
17% Jan
15%
15%
'•8%
*8
par
•30%
31
30%
5
3
105% Aug
$6
Apr
6
Jun
38% Jun
23
10
14
Jun
7% Jun
8
16
JUii
6
Jun
30% Apr
27
103% Apr
July 15
5
.
'• 12
% Mar
9% Jan
12% Apr
36
May
93
Jun
13
97% Apr
5
13% Jan
3
15 % Jan
21
92%
85
5
93% Jun
7
29%
Nov
92
'Oct
8%
Nov
48% Mar
64%
Oct
Jan
30% Jun
6
36% Mar 30
Jun
15
100% July 28
95
6 %
Jun1
56% Feb
For footnotes see page 26.
102%
102%
2
24
9%, Jan1
63% May
53
100%
15%
16
43/4
43/4
103
103
16
523/4
53
52%
53%
100
.53
3,100
100%
100%
100%
260
15%
153/4
15%
15%
4%
4%
5,400
949,500
104%
105%
*100
7
4%
104
.
1053/4
13,900
>27%
27
27
27
5
5
105'/a
10,500
700
No par
27%
27%
27%
27%
27%
27%
27%
27%
27%
1,100
Cigar.
JNo par
Consolidated Coppermlnes €orp—5
28
28
*27%
28%
*27%
28%
*27%
28%
*27%
27%
28%
Consol Edison of N Y
No par
23%
24%
No par
107%
107%
Corp___1.33 %
"12%
12%
10%
42
$5
com
preferred
Grocers
Consol RR of Cuba
6%
Consolidated
Retail
Stores
Vultee
100
Inc
Inc
com
1
10c
Aircraft
Consumers Power Co
"when
15
pfd
1
No par
distributed"
preferred
preferred.
27
'
__5
Consolidated Natural Gas
5
99% May
17% July
Sep
40
May
99
July
13% May
102%
25
53
100
8%
$4.52
Oct
52%
100
8%
Common
10% Mar
2,200
8%
$4.50
84% Mar
3,900
25%
8%
4
90
203/4
8%
4
37% Jan 22
20%
25%
27%
30% Aug
17
20%
25%
25%
1,900
26%
-8%
108% Aug
27% Jun
31%
8%
109% Aug
42%/ Jan
-^25%
800
31%
31%
20%
25%
58,100
59
27%
27
Dec
20%
*54
57
*8%
105% Apr 20
Sep
,*54
31%
26%
Consolidated "Rsxtile Co
33%
60
8%
7
106% May
106% Dec
11
27 V8
Consolidated
4
10%
10 3/4
8%
8
13
19
10%
10 3/4
20%
99%
Consolidated Laundries Corp
21% Jan ' 7
19
103/4
10%
1,600
1,000
par
Consolidated
,46% Mar
13
11% Feb
.
19
10%
31%
52%
too
11
23
18%
313/4
99%
No par
preferred series
5
14% Jan " 8
14
Feb
18%
11
20%
Consolidated
8
19'/a
10%
31%
51%
20
9
*55
>■*
25%
4%
May 19
11•
18%
150
93/4
'
191/8
19%
16,700
2,200
8%
*8
*8%
161/2
*10%
24%
153/4
29
t
9%
78
4,400
1,500
151/a
*
*
8%
9
*9
v
18%
20%
4%
11
xl06
*8
18%
10
Ccnde Nast
5
XI6%
10%
24%
Commonwealth Edison Co
21
16%
■8%
18%
21
15%
25% Feb
4% Jan
13
:
Z
163/8
8 3/4
103/4
24%
4%
Feb
25% Aug
108% July
:
16%
83/s
183/4
60
15%
30
14
15%
15%
15%
-:
183/4
*55
com__No par
& South
30
25
17%
15
270
15'/a
171/4
*95%
93/4
__100
Publishing Inc
Congoleum-Nairn Inc
2% Jun
11%
17%
14%
U
No par
3
9% Jan
953A
143/e
9
20%
common
Solvents
7
27% Jan
V
96
96
*9
5
preferred
3
-
,
"393/8
14%
*8%
*10%
.w
391/4
17%
9
No par
Inc
Commercial Credit
Commonw'lth
Aug
10%
39%
393/8
Engineering
Superheater
3.60%
18%
*18
120
3,700
.
14%
9%
Z
633/4
*63
*1073
700
141
141
63%
17%
7
83/4
9
*8
141
6:-;%
*1075
17%
153/4
*15%
*8
--
*139
63%
76%
*74%
76%
90
141
*136
/ 14%
14 %
14
14
,
*74%
2,200
223/4
22%
233/8
140
1,300
4
3%
3%
23
*138
95
17%
66%
3%
4
23%
138
95
17%
too
Commercial
7,600
63
16
17%
60
7% Jun
16% Mar
35%
•
293/8
4
39%
*55
Co
291/4
23%
94%
No par
Elec
293/8
141%
16
11
Ohio
29
*139%
94 %
11
So
29%
39%
10%
&r
3,900
39%
18%
Columbus
26"% May 13
53% Aug
3
100 7/s Aug
12%
12'/e
*1075
18%
common__No par
50
12%
63%
39%
14
64%
38%
12'/a
141%
16
~30
64%
*37%
12%
76%
39%
108
38
*74%
93%
1,100
*106%
108
3,800
12%
76%
38%
50
23%
40
38
138
93%
1113/4
23%
38
*1075
*15%
39:,/4
111 %
*64%
23%
63%
64
10%
B
21
29% July 26
98 % July
100
*140
142
*63%
20
21% Apr
May 16
66
38
;
V
138
*74%
18%
Pictures
*64%
■
3%
3%
*136
76%
141
38%
23%
24%
138
18%
Columbia
*106%
29%
.
393/4
23%
2J %
29%
12%
28%
100
*111
23%
108
.
28%
t
300
111%
39%
40 Vb
111%
*103%
65
*38
38%
No par
System Inc
22%
108
28%
___1,
.
*111
22%
65
67
39%
40
111%
12
17%
24% Jun
Jun
Dec
-8%
*106%
108
2.50
Gas
1,300
25
70
No par
Class
Columbia
*243/4
25%
*65
Columbia Broad Sys Inc cl A—2.50
10
25%
173/4
16%
17%
16%
17%
26
70
Colorado & Southern Ry com___I00
13
Apr
28
*16%
*25%
-,*38
preferred
conv
j 27%
.
*65
Colo Fuel & Iron Corp com__No par
5%
/
70
Colonial Mills Inc..
Jan
28
17%
26
600
*65
2
13
21% Feb
500
84
27%
27%
70
Colgate-Palmolive-Peet com__No par
$3.50 preferred
No par
Collins & Aikman Corp..No par
5
32 % Jan
12
;■
180
7
*81
84
28
*65
7
,3
89% Jan
32
*81
*27%
-
*6%
7
*63/4
7
84
'70
No par
13
25
;
9,300
-65
No par
Corp
25% Jan
•
29% May
8%
53
170
(The) common.No par
Internat
Jun
Jan
52%
*120
50
;
A
Coca-Cola
58
-13% Jun 22
3
52%
170
1
2nd prafprrert
11% July 27
11
Oct
'52 %
6%
No par
$4.25 cum preferred w w
Columbian Carbon Co
Jan
53%
*81
50
,
23% Jan
29
95
2,200
52%
*120
100
stock
12
2
46% Feb
t
Jiily
253/b
170
10
53% July
25%
*120
24% Jan
29% May
10,200
25 %
170
6
104
29%" 30
104% 1043/4
30%
104%
,
*120
.1
Cluett Peabody & Co com.
Combustion
Nov
24,066
170
17% Jun
18% Jun
320
51%
503/4
25%
26
*16%
9
21% Feb
51%
12,900
34
*31
34
'503/4
*120
No par
A%
Jan
26%
Illuminating com__No par
Graph Bronze Co com
preferred
&
17%
26%
9%
f
*31
■;
100
:
41
100
preferred
Special gtd 4%
28
28%
*16%
*8%
Jun
42%
34
31/4
3
40
100
Co com
$4.50 preferred
Cleve
*23
5
*9%
28 %
3%
42%
2 3/4
Shares
14
30
7
100
Feb
*133/4
14
*104%
84
2nd preferred—100
18%
the Week
$ per share
14
25%
53
7
Sales tor
40
51%
30%
Friday
Aug. 5
25%
25% /
*81
•/
3%
30%
25%
52
K
7
*80%
1st preferred
26%
12
*104%. 104 3/4
30%
1041/4
84
,X7
non-cum
37% Apr
Jan
301/4
104
14
51%
51%
5iy4
30%..
103%?
non-cum
Dec
36%
*31
20
19% Feb
10
90
39
4%
28%
2%
2%
34
50%
No par
Aug
17% Jan
7
xl6
*21%
*38
4%
48% Mar.
*13%
Hi/4
*31
25.
100
*13%
39
50%
8
78%.Jun
200
S per share
$ per share
34
*31
103%
_____5
preferred..
96
22
.
400
3,600
1,000
Thursday
Aug. 4
Aug. 3
'
38
10
Dec
12
Wednesday
:
$ per share
2%
39
25
Aug. 2
14%
11% Jan
49
*11
Tuesday
Aug. 1
13% Jan
7% Feb
52
*51
LOW AND HIGH SALE PRICES
Saturday
/
•
7
13% May
52
12
15
Sep
51%
*11
8% Jun
7% Jun
7%
52
12
12
9% Jun
"51
*11
19
16% Jun
1,800
25
10%
63%
19% Jan 24
31% May
14% Jun
283/4
25
10%
63
13
Feb
2,400
28%
25%
28%
63
10
Nov
11 '/a
28%
*25
.253/8
63
*6
10%
4,800
63
City Products Corp
.7%
Apr
39% Aug
Mar 22
20
*10%
28%
28 3A
7- *25
900
7,200
62'A
Clopay ■ Corp.
152
8
'
10%
105/8
105/a
29
3%
6%
21%
5%
21
62
Jun
18% July
17% July
5%
21%
800
2,300
1,200
61/4
3 Va
3%
53/4
20%
9%
6
62
32% May
Nov
3%
5%
213/4
300
900
7,200
15 5/8
15%
6
5 3/4
25%
10%
*5%
31/8
3i/o
*9
15 %
15%
6
10
9
9
155/b
3%
83/4
ioy8
83/8
8%
10
10
21%
53/4
21
283/4
9'/8
9
15%
3%
5%
20%
*8%
■,
3%
33/4,
*3%
8 5/a
10
*53/4
6
*3
•-
.
20'A
3%
85/8
10
62
12
25
12% Jun
500
62
...
13
64
15
13,000
82%
100
A
City Investing Co common
5 % %
preferred
82% Jan 28
17
Oct
313/4
82%
293/4
20
1075
Jun
313/e
63%
15%
33/8 7
*3
31%
*82%
91/8
15%
6
200
31%
83%
'■/;
*83/4
;
6%
18%
31%
*3%
10
9y8
6
6%
18%
31%
153/8
9
15%
*5%
SVo
*18
*82%
85/a
10
183/4
*18
3%
*8%
8 5/a
10
'
11
*9%
*3s/8
3%
8%
10
7% Jun
22%
18%
900
1,600
13%
6%
6%
6 »/8
61/8
18
29'
Climax Molybdenum
Clinton Industries Inc
29% Feb
22% Oct
,
Dec
61/8
18
29%
17
5
15
25
25
29
19
6
Jan
May
5% Jan
30% Feb
13
89
23%
23%
400
73/4
*7%
291/2
26
Jan
X13% Feb
..
86%
293/8
Feb
60% Jan
1075
Apr
Sep
*•
xl24% Jun
Jan
Nov
86%
15%
113/4
*10%
29'/a
Jan
141
26
:
45%
85%
13%
11%
29
30% Jan
July 19
Apr
Jun
July
15
9%
133'
100
*84%
15%
29
15% Jan
6
3% July 11
21% Jun 15
Jan
July
92 % May
Dec
134%
s
36% May
Feb
75%
Jan
,
9
42% Jan
16
105
Mar
112% JUn
16
20% Jun
109
220
85%
29
C C C & St Louis Ry
Apr
14,200
110
*
July
77
100
7%
109%
*51
Clark Equipment Co
Jun
*85 %
14*%
143/b
7%
7%
110
52
City Stores Co
20% Jun
38% Aug
5
103%
14%
7%
109%
7
*51
Elec
6% Feb
27
*13%
7%
109%
31%
preferred
•
100
Cincinnati Milling Machine Co___10
C I T Financial Corp
:j
_No par
79% Jun
Apr
14%
*13%
7%
110
82
4%
25
8% Apr 16
1,900
3%
11%
*5%
25
Apr
29% Jan
,8y8
1
com..JNo par
.1.
Jun
83
700
8ya
*3%
15
*17%
1
10
Jan
15%
8%
3%
23
100
_
&
*15%
8%
*3%
23%
STOCK
Co
Gas
15%
300
11%
*93
No par
Chrysler Corp
30% July 29
15 %
par
preferred
Copper
16
15
25
common
Jan/
16
17
-
Par
Co
5 % %
16%
*7
100
J";
7
104% Aug
4
7
*15%
*ioy2
5
Chickasha Cotton Oil
Jan
,36>
58
YORK
Jan
1,900
No par
33
22%
*84y2
15%
11%
5
Chicago Yellow Cab
84%
105%
85%
14%
*13%
15%
8
*31/4
7%
*109%
60
15%
15
40
series
Dec
88
7'A
500
125%
15%
3%
7%
3%
100%
*123
RR Co__No par
Pac
Dec
Jan
14%
r
8
100
Dec
80
7%
*3%
109%
*84
9.50
vtc
*15%
8
3%
108%
1
75%
176
15%
*13%
7>A
1.25
24%
July
101%
123
16
Corp com_5
EXCHANGE
19
5% Jan
20
Jun
31\
May
176
101%
16
No par
Chic Rock Is &
NEW
16% Jan
44% Jun 14
101% May
27% Mar
100%
124
*15%
preferred
$ per share
6
35
•Jun
23%
Jun
2% Jun
Apr
90
9,300
100%
Chicago Pneumat Tool com__No
$3 convertible preference.JNo
Highest
$ per share
63% May
4%
6,000
27%
124%
16'/8
Chicago Great West Ry Co com__50
Range Since Jan. 1
Lowest
Highest
14%
32%
27 Va
STOCKS
Year 1948
$ per share
32
15%
l
preferred
150
32 %
*122%
Champion Paper & Fib com__No par
$4.50 preferred
No par
A
136%
273/4
5
com
,136
27
*100
Chicago Cora. (The)
136%
32
15%
preferred
800
5,700
28
100%
Co
100
38
32y8
124%
Copper Corp
37
32
15%
Products
37
27%
1001/2
No par
Chic & East 111 RR Co
Class
A
363A
1,600
27%
*122%
Sugar Co
convertible
73/a
32%
15%
Century Ribbon Mills
Certain-teed
14%
33%
73/a
*135
100%
Central NY Pr Corp 3.40% pfd__100
tCentral RR of New Jersey..
100
West
14%
*32%
73/a
'
124%
Central Hudson G & E Corp^No par
Central 111 Light 4%% pfd
100
South
14%
34%
26%
7%
&
100
7%
136%
*135%
2.800
32
*3%
Range for Previous
Lowest
136%
29
30
26%
l
5%
25%
*135%
15%
Sugar Co
Chicago & Northwest
4
136%
30
28%
*29 Vb
283/4
30
14%
37
100%
par
Dec
36%
2,100
32%
Ry Co vtc
No par
preferred series B vtc
100
Series
Dec
36%
*122%
Central Foundry Co
Central
36i/4
36 VB
130
7%
102
*32%
7%
7%
54%
73/4
*101
26%
Central of Ga
5%
7%
20
Corp common
preferred
Central
*7
No par
Celotex
'5%
*29ye
.30
Shares
14 %
54
8
101
the Week
.
32%
—
8% Jan
33% Jan
13%
•
io
new
7
*135%
•5% preferred
50
Chic Ind & Louis Ry Co class A__25
.'
Class B
No pay
Chic Milw St Paul & P vtc
No
5% Jan
13
Jun
9
iJan
33%
26
7%
__100
Celanese Corp of Amer conuJNfo par
•$4.75 1st preferred
No par
■7% 2nd preferred
100
3%%
May 16
11% Mar 30
24
12% Jun
,15% July
9% Jun
7% Mar
10
7%
Chesapeake Corp of Virginia
Chesapeake & Ohio Ry common
12
"
22% July
Jan
4y4 Mar
30
July
12% July
Jan
7%
common
Checker Cab Mfg
Feb
85
13
Feb
Nov
12
6
27
18% Jun
Dec
9
11
13% Jan
91
76i/2
;
21V4 Jan
14
Co
!
31%
'7%
5
20
8
9% Jun
Jan
25 % Mar
4
7
28
14% July 13
Apr
May
5
Mar
(J I)
common
"
Feb
17%
90
110
12% Apr 20
11% Jun
6
6% July
24'%
7% Apr
3
91/8 Feb
7%
28%
14%
11
221/a
*29 V8
7%
101
*14%
55
*29%
28%
28%
*32%
:
Corp
14%
28 3/4
30
28%
28%
14%
7
Jun
29
28%
CLOSED
33%
6
3
29
EXCHANGE
No par
7
18% Jan
Sep
102
*32%
26% Jan
Jun
8
*101
*14
131% Jan
14% Jun
Feb
8
101
1
17
11%
8
101
50
15
12%
*54%
8
101%
Case
17
Feb
55
*54%
55
7%
101%
■' Conv preferred 4% series
Carriers & General Corp
17
13% Jun
Dec
*54%
7%
STOCK
..100
Ry
*14%
10
105
5%
& Light.
Aug. 5
Sper share
15
*14%
_5
Apr 23
6%
& Ohio
Carolina
15
Carrier
9
5
151/2 Jun
i
55
*14%
Sale* for
Friday
Aug. 4
S per share
$ per snare
,r
Carpenter Steel Co
Jun
X114
Jun
17%
7
-
*54%
Aug. 3
S per
15
1
Carolina Clinch
Power
14%
Thursday
Wednesday
Aug. 2
share
$ per share
10
preferred A
Capital Airlines Inc
7
7% Jan
11
97
I per share
l
$3
Tuesday
Aug. 1
16'/4 May
37
May
'38
23% Apr 22
Jun
July
May
Jan
common
Monday
35% Jan 29
;
24
Jun
22%
74
Capital Admin class A
(501)
RECORD
Saturday
July 30
Par
17
'29% Mar 29
4
May
147% July
22
16
Jan
55% May 11
81/4 July 26
17
12 »/2 Jun
Jan
Jun
251/2 Jun
July
26% Jun
•
STOCK
CHRONICLE
LOW AND E'IGH SALE PRICES
STOCK
EXCHANGE
'
30
130
4
26% Jan
19% May
43% Jan
351/8
15
5% Feb 23
100
Nov
Dec
Mar
NEW YORK
;
$ per share
12% Mar 23
May
Aug
30
'
Range Since Jan. 1
Lowest
Highest
'■'$ per share
Feb
FINANCIAL
STOCKS
Year 1948
S per share
YORK
&
V
2%
3y0
3,300
24%
243/8
243/a
243/a
243/a
25%
26,700
107%
107%
107%
107%
107%
107%
107%
1073/4
12%
12%
11
10%
42 Va
42%
16%
16%
11
11
9%
9%
32%
9%
32
109
*73/4
323/4
30
30
108 3/4
109%
11%
11%
10%
10%
10%
42 3/4
•43%
*43
43%
43%
43%
2,200
16%
16%
16%
15%
163/4
17
1,100
11%
11
11
11
11
*11
*7%
8
108%
*95
96%
96
963/4
14%
14%
Continental Can Inc
$3.75
common
preferred
20
14%
92
33
No par
7
Continental
Diamond
9
Continental
Insurance.:
Fibre..
5
*6%
160%
333/4
33%
99%
10
*92%
*100
99%
-
7%
60%
■j
'
97
14%
*92%
93
33%
33%
*100%
101%
'■
<*7
7%
62
30%
108%
X34%
14%
2,300
303/4
34,800
*31%
35'/a
92
321/a
93/8
108%
100
5,400
32%
343/4
No par
900
9%
9%
109
f
7
JBl
30%
109
*108 3/8
400
73/4
X32 %
108%
1,700
7%
9%
30
30
109
;
8
32%
108 %
com__No par
,
93/8
34%
preferred
*7%
32%
9%
33
108%
preferred
8
0%
108%
4%
1,600
11%
.10%
*34%
$5.50
900
V
11%
10%
par
Continental Baking Co
31/8
3
12%
12
Container Corp of America com__20
No
3
*10%
11
7%
3%
"
163/4
11
3
42%
16%
30
No par
3%
24%
11
7%
100
3
24
3
,
'
303/4
30%
109%
109%
IO91/2
108%
108%
108%
200
35 VB
353/o
3,000
35
35
35%
97
97
97%
490
97%
400
14%
14%
14%
14
141/a
93
92%
93
923/4
923/4
2,400
100
33%
104
7
61%
323/4
100 %
*G%
603/4
97%
32 3/4
33
100%
7
61%
♦100
;
3,300
33%
200
103
'r
6%
7
600
60%
61
2,000
17
COMMERCIAL
THE
Lswest
Highest
S per
share
I per
8 per share
share
14
5l/4 Jun
14
8% Jan
7
Feb
69%
Jun
47% Feb
11
Continental
Oil
Apr
11% Jun
14
28
58% Apr
15% Jan
18
19%
3
Continental
Steel
z49% Mar
51 y2 July 19
July
65
23% July 28
19% Jan
7
Oct
12
No?
49% Jan
4
15%
Jun
Jun
13
54% Jan
12
Jan
3
26
10
92% Jan
3
67% July
Feb
60
7
49% Mar
20
18
Not
23%
Oct
88
Not
97% July
86
Oct
98
94
July
57
66% Mar
Apr
52
26% July 19
99% Jan 25
101
Deo
Oct
3%
Deo
5%
Jan
6
3% Mar 25
1%
Dec
3%
Feb
1% Jun
Jun
21% Jun
Jun
96
39%
Feb
29
92%
8%
Sep
*
98%
Aug
4% May
3
13
2% Jan
8
Jun
13
27
100 % Apr
8% Jan
3
32% Jan
Dec
23
Feb
7
26% May
14
Jun
16
3
14
.
42% Apr
27% Jan
7
13
2
19% Jan
Deo
24%
17% Nov
9
10% Aug
27% Aug
13
Mar
x2l
9
185
171% Jan
Mar
177
July 21
64% May
6
Jan
66%
164%
'
Jan
v
36% Jan
20
Jun
Mar 17
91%
Feb
103% Juiy
95
Dec
129
*20%
12%
155
Jan
4
24
Jan
7
Jun
72% Jan
24
Jan
21
July 7
12% Feb 24
31
21
6
lou
34
17% Aug
Feb
Apr
96
14
55% Jun 30
90
JUU
78%
Deo
Deo
25
May 24
15V8 Jun
Jun
28%
65% Dec
v
177
8
160
Jun
7%
Deo
Dec
88
5
6
xviay
8% Mar 29
*49%
*49%
50
50
*49%
52%
26%
257/8
26%
25%
25?8
25%
25%
25%
26
9 8%
99%
99
99
98%
98%
*98%
99%
98%
98%
"98%
99%
*98%
99%
99%
99%
100
99%
93%
120
62%
63%
62%
63%
63%
64
63%
62%
63%
5,200
185
*183%
183%
183%
70
6
*182%
.
185
*182 %
8
100
63%
186
3%
*3%
37/8
*3%
37/8
3%
33/4
*3%
37/8
400
1%
1%
1%
*1%
17/8
1%
:%
*1%
17/a
800
26
26%
26
26%
26%
*98
99%
*98
100%
*98%
10%
*10%
26%
26%
99%
10 %
*26%
xl5
27%
600
15%
3,3C0
39%
39%
400
2,900
24%
25
99
98 7/s
987/a
*98%
$4 2nd preferred
Crucible Steel of Amer com__No par
5% conv preferred
100
*93
96
96
*93
*58%
58%
58%
58%
58
Cuba
100
"21%
22%
*22%
23%
22%
22%
common—10
*13%
14%
14%
14
15
15
180
*160
RR
6%
pfd
non-cum
Cuban-American Sugar
7%
_10C
17%
*64
7%
*160
7%
6
120
27%
27%
15%
15%
15%
39%
39%
39
41
120
25%
25%
25
25
25
99
*99
100%
20
.17%
*93
•93
17%
*17
58
v
7%
;
58%
10
15%
*160
9,300
180
7%
7%
7%
800
23
15%
15%
1,400
58%
*22%
180
7%
17%
58%
58%
80
97
v
17
23 %
*22%
7%
800
25%
96%
96
.,
*160V
7%
*
100
17
180
7%
6
preferred
No par
preferred*~~~.._M~No pa*
27
15%
17%
14
180
*160
10
100
preferred
Cudahy Packing Co common
4%%
preferred
*93
27
39%
*39
17%
IOC
15%
15%
6,400
27
10%
24%
17%
10%
27%
*27
26%
*93%
10%
*98 %
99
com
10%
26%
"10%
100
24%
Corp
preferred
100
1%
S
No par
No par
Zellerbach
$4.20
530
7,000
'
185
185
40
Crown
1,600
.
3%
2.50
preferred
$2
8%
52%
40
Seal com
50
8%
523%
8
No par
Wheat Corp (The)
*49%
50
77/8
52%
77/8
15%
6,000
65
*64
65
*64
65
65
64
65
11%
*11%
11%
*11%
11%
11%
13%
HVs
11%
1,000
20%
20%
21%
21%
21%
21%
22 %
*21%
22%
900
6%
10,900
*64
200
'
'7
7% Jan
Press
Aug
Jun
24
14
129
Jan
19
$7
61
May
43% Jun
28
50
Jan
19
12% July
7Vb Jan
3
9% Apr
18% Jun
14
24% Jan
4
7
Jan
21
26% Jan
7
•
Inc
11%
Prior
137
Mar 14
20% July
1,800
27%
150
133
1,400
14%
15%
Feb
July
10%
14%
27
Dec
28% Sep
10%
14%
2
47%
137
10%
14%
77/8
*20
4% Feb
10%
14%
52%
Cunningham Drug Stores Inc
2.50
Curtis Publishing com
No par
109
10%
14%
7%
4
Feb
27
Jan
10%
10%
122%
x31% May
40
53%
52%
22% Aug
16
Jan
52%
53
52%
Cuneo
17% May
21% Mar
*51%
*52
21%
52 "/
52%
1
24%
133
52
7,700
22%
52%
n% Feb;
Deo
Feb
18% Feb
3,800
*52
50
73
Dec
Feb
4%
22%
10%
14
28
11%
13% Juiy
21%
22
' 14%
13
15%
7
22
14%
27
10% Jun
Jan
22%
10%
Jun
60
July
700
22%
14%
5% Jun
13% May
67%
May
Apr
15% Aug
13%
10%
99% July 21
94
577/8
*12%
1
13
Jun
57%.
13
25
America
of
Cork &
46% Mar
57%
13
100
common
preferred
Creameries
of
34%
57%
13
10%
-
Crown
Dec
577/8
12%
25%
preferred
100
pfd 3%% ser of 1947—100
Refining com
21
7% preferred
100
Coty Inc
1
Coty International Corp
1
Cream
Dec
57%
13
8
Products
Co
57ya
13
52%
Cum
3%%
57%
'
52
1
3%%
Crane
5%
14%
Exchange Bank & Tr Co—20
Corning Glass Works common
f
Cora
6,200
5%
22%
*49%'
57/8
5%
10%
Corn
7
23%
series
Shares
5%
5%
52
CLOSED
$ per share
5%
22%
EXCHANGE
Bales for
the Week
5%
13%
STOCK
I per share
I per share
Friday
Aug. 5
I per share
Aug. 3
Aug. 2
57%
•
IP
common
pref 5%
Cornell Dubilier Electric Corp
1
36%
"
-
Convertible
57
*13
No par
No par
Range Co
Copperweid Steel Co
15
21%
50%
9Y* Not
13
new
Copper
6
Feb
11% Jan
20
Jun
Feb
42% Mar
8
14
5
Delaware
Corp
$3 prior preferred
& 12% Feb 17
Jun
of
Thursday
Aug. 4
,
5%
5%
1
Cooper-Bessemer Corp
55% May 13
13
9
■
6 per share
Saturday
Monday, August 8, 1949
LOW AND BIOS IALX PRICES
Wednesday
Tuesday
Monday
Aug. 1
I per share
Par
Continental Motors
jun
19% Jun
July 30
share
10 V,
Mar
46%
'<'
STOCK
YORK
EXCHANGE
.
Feb
6
CHRONICLE
STOCKS
NEW
Range Sinee Jan. 1
Highest
Year 194*
I per
1
J
lM|« for Frtiitu
Leweat
FINANCIAL
&
1
Curtiss-Wright
.if; Class A
Cushman's Sons Inc 1%
Cutler-Hammer
6%
6%
125
6%
6%
125%
*124
48%
49%
49%
49
49
8%
8%
8%
8%
8%
6%
126
48%
120
126%
20
20
100
*132%
No par
*21%
pfd
Inc
6%
48%
8%
1
1'
common
57%
48%
20%
140
*132'/a
22%
20
20 %
310
'
1,000
8%
8%
48%
8%
8,300
20
19%
20
19%
20
*132%
140
*132%
140
21%
21%
125%
48%
140
*132%
140
21%
8%
*124
21%
20%
21'A
20%
2,000
21%
600
11 '/a
2,000
D
15% Mar 18
9
94%
Oct
85
13%
Deo
20%
Deo
17%
28% July
31% Aug
Feb
24%
Feb
4
94
Jun
20
5
14
Jan
24
Dana
33%%
Jan
13
17 J% May
2
xl6% Mar
8
20 y» Jan
7
Davison
3
31
15
26% Jan
4
96% July 12
Chemical
38% Jan
'
1%
38
26
Jun
13% July
Feb
*16%
17%
*16%
17 y8
*16%
19%
19%
19%
193/4
197/s
193/4
20
1,500
27%
27'/8
277/8
28
28
28%
28
281/4
28%
28%
7,500
171/8
—
—
96
96%
961/4
96%
*95%
96%
96
96
*95%
96%
*8%
8%
8%
8 y8
8%
8%
300
60c
6%
6%
6%
6%
*6%
6%
6%
6%
61/2
6 3/4
6,800
*20%
21%
*20 5/8
Records
Inc
Deep Rock Oil Corp..
Co
40% Jan
21
Delaware
13
934 Jan
7
Delaware
1
Delaware Power
&
7%
95%
21%
21%
211%
203/4
21
700
363/8
37
36%
367/a
363/4
37
37
38
5,500-
35
35
35
35%
35%
351/8
351/4
35%
35%
1,500
28%
100
21%
37
28%
28%
28%
28%
29
29
29
29%
30
2,100
21%
&
Lack
150
96%
96
35
JBb
& Hudson
95
95
36:%
1,
NoWR*
common
preferred
Western
50
6%
6%
6%
6%
6%
6%
6 3/8
61/2
61/2
6'/a
&
Light Co—13.50
20%
203/4
20%
20%
203/8
20%
203/B
201%
20%
20%
227/B
227/a
22%
231/4
22%
22%
23
233/8
39
40
21%
217/s
2,400
1,500
'
Denver & Rio Grande West RR
14%
19
39% July
Feb
13
Jun
22% Apr
20
Detroit Edison
58
Jan
10
7
Detroit-Michigan Stove Co
2
Detroit
20
Jan
60%
50
Jun
43% Jun
29
■J? 12%
f 11
26%
Mar
Oct
15
Jun
14
24% Mar
Dec
16%
Jan
11% Jun
20
13
Mar 29
Deo
28%
Jun
ICVa Jun
13
22
Jan
26
35% Mar
46
Jun
32'% Jun 22
40
Jan
7
38
Feb
39% July
1
453% Feb
1
11
Deo
46% July
19% May
12 ye Apr
5
•V
'
'
19%
Mar
Steel
20
21%
5%
18%
1
Corp
*12%
I
393/4
'39 V2
■■■*
19
9 y4 Jun
7% Mar 12
12 7/8 Jun
*19% May
14
13
13
157% July 25
Diamond
6%
Match
partlc
Diamond
Year I94X
Range Since Jan. 1
Lowest
Highest
Lowest
f per share
S V?r 'hare
Saturday
EXCHANGE
Pat
•
43
43
43
*42
43
11
*10%
11
10%
10%
*10%
11
400
7
153/4
Monday
July 30
I per share
*42%
*6%
7
*6 7%
7
400
67/8
LOW
NEW YORK STOCK
I
'
Highest
t per share
ono
1,000
*10%
157/a
;
/
15%
157/a
£>U0
157/8
15%
153/4
15%
157/s
7
7
the Week
Sper share
Sper share
1 per share
Sale* for
Aug. 5
Aug. 4
Aug. 3
Aug. 2
Friday
Thursday
Wednesday
Tuesday
S per share
"
13%
Deo
20%
Oct
25
Not
41
Jun
46%
Deo
66
Apr
10
i
Deo
23
Jan
10
29
Feb
9% Feb
17
24% Feb
14
30
Jan
18
45% Jun
Jun
40
24
13
53
Apr
26
12
14% Mar 29
25
Jun
July
11% Not
Feb
Nov
67%
Apr
50%
Oct
43
Jun
12% Jan
3
7
Apr
29
101 '/s Apr
101
Apr
22
97
Feb
106%
90
Feb
106%
Oct
NOT
31%
Jun
83
Jan
98
July
80
12
Deo
20
May
11'/a Mar
12% Deo
18
May
87/8 Jun
X18%
29
17% July 28
27
Apr
8
13
8
Divco
Corp
,
113% Jan
94
Feb
111% Aug
10% Deo
18
124% Jun
99% Jun
119
116
112
Dr.
No par
Deo
Oct
Deo
Pepper Co
Jan
24
Doehler-Jarvis
20
Dome
Corp
12% Deo
88% Feb
22% Jan
46% May
157
Sep
175
30% Dec
Mines Ltd
63% Mar 31
Dow
Jun
Jan
5
International
Duplan
49% Aug
123% July
5
5
185
July 20
7
13
18
Jan
10
Jan
12
92
10%
Aug
New
Deo
16%
Jan
lOy* Feb
4
14
Deo
Jan
95
19% NOT
*55
41%
12%
9%
12%
29%
97
Deo
Deo
Feb.
Mar
Jan
Preferred
$4.50
series
$3.50
series
No par
Eastern
Eastern
Sep
7% Mar
34%
Deo
3%
Dee
/Jan
7
15% Apr 14
35% July 22
2% Jan
Products Co
Electric
Auto-Lite
42% Jan
47
Feb
29
May 16
20% July
16% Mar 31
6
x29% Jun
16
17% May 26
33% Mar 25
4% Jun
6
9% Jun
13
16% July
65% July
48% Jun
68% Apr
55
Jan
20% May
11%
Jan
49% May
7% Mar
For footnotes
see
page 26
7
17
14% Jan
6% Nov
9
13% Jan
12% jun
1
July 12
3% Feb
6% Jun
25
13
fi% Jun 28
36
Jan
4
3
Jun
15
104
Jan
13
5% Aug
3
14% Jan 21
61% Jan 24
68
Jan
31
4% Jan
6
(The)
10% Jan
;7
9% Apr 30
45% July .28
5% Apr
105 Ve
1057/s
1057/8
1053/4
106
IOC Vb
1057/a
106 J/3
900
18%
18
17%
173/4
4,800
*80%
88
18%
17%
18
17%
18
18
18%
113/4
113/4
*11%
12
♦11%
U Va
117/8
12
473/4
47%
477/8
47%
473/4
47%
43 Va
43
49%
1223/a
122%
122%
122%
122%
*122%
123%
123
300
101%
101 1/2
101%
1013/4
*100%
101%
101 Va
101J/8
600
1133/a
113%
1133/a
200
97/a
1,100
*101
1131/2
19
18 7/8
18%
147/e
147/a
15
15%
8%
8%
*8
9%
*9%
41%
41%
10%
*95
S'/s
97/8
*9%
10
41%
41%
41%
*179
182
-
151/4
931/2
10%
10%
10%
10%
10%
10%
96%
*95%
96%
*95%
" :
6%
7
14%
37
39
4%
37
■
38%
14%
*35
1%
v
141/a
*6%
7
6%
'300
39
39
393/8
14 '/a
14%
143/4
2,000
2,000
12%
12%
10
20%
20%
20Va
20 »/2
20%
20%
80
*53%
54%
55
55
55
50
*43
Bldg
Products
jPbrp
131/4
17
16%
2d
31%
♦102
5%
Exchonge Buffbt Corp .I.
32
52
52
**59
62
I
4
7
1%
1%
411/4
41%
*12%
12%
12%
12 Hi
;
1,000
20%
20%
203/4
213%
-2,900
55
55
56
56
*44
.1
7%
-3
,
45
3%
'
77/« "
4,5)
52
*59
^
3%-.
4
60%
j;.j
16%
16%
31%
31%
*102
101%
5%
5%
10
.
2,700
1.100
600
46i%
*44
46%
10
97/8
243/4
243/4
25
9
131/4
161/4
.
16%
>
1,000
13%
2,300
900
16%
*31
32
2,8C0
9
9
.;
13%
600
32
•
102%
5y8
5%
19,500
10%
6,100
53%
10
10
52
52
*51%
52 y2
58%
52%
58%
*51%
64
♦58%
63
4
4
4i/8
41/8
41%
7Hub
m
7
7.
7%at i7%
7%
■44%jA 4502
k44%
*3 %
3%n
-31/4
20
*101%
102
►59
(
7^/81
*31
103%
5%
yt4
HO
9
16%
10
*51%
9%
24%
*13%
51/4
10
.1 '
7%
32
103%
51/4
10 %
,„2,BQ..
36
1%
411/4
13%
13%
17
32
5%
*9
13%
*102
24%
24%
9%
9
103%
30
Co
Eversharp; Jhc
Ex-Cell-O
9%
13%
17
50
-
24
'
9%
13%
100
preferred series A
Pittsburgh RR Co
23%
•
No par
&
Corp
24
4
10
100
461/s
*44
*35
36
%
1
1%
'
23%
1
common
461/s
*431/2
*6%
41%
12%
common
;•
*35
36
*35
121/8
Eureka Williams
Evans
14
14%
12%
46%
10
1,600
*38%
12 %
V
) ■
96%
*95%
6%
II
55
2,100
11
11
96%
2,100
16%
39 y8
6%
6%
38%
27
15%
*91
11
9,500
93 y2
26%
151%
*911/4
42
3
26%
15%
93 Viz
1%
Endicott Johnson Corp common
4% preferred
5%
26%
26%
26%
.
182
*180
*91%
41%
new
181
*180
*151/8
*95
300
423%
15%
V
200
10%
26%
6%
4,400
8
41%
92
38%
1,100
151/4
>
♦9%
184
26%
47,400
*187/8
8
41%
15
6%
% 1%
conv
14%
81/2
92
96%
14%
*35
8%
92
38%
No par
183/4
15
*8
15
15
*91%
No par
19
14%
15I/8
0%
187/8
19
147/e
*8
10
417/a
*180
267/a
*187/s
*122%
9%
97/a
1%
RR
1,500
700
10%
41%
183
26%
1
8%
*112%
113
97/8
*18%
*180
112%
4iy2
Office
90
18%
1%
Equitable
*84
32
300
113/4
*80%
88
40%
Gas
18
1011/2
.
f
Electric Mfg Co
Emerson Radio & Phonograph
Empire District Electric Co
Erie
105 Va
19
2.50
Emerson
Erie
105%
41
Natural
1,200
4,700
473/4
41
Paso
15,300
60'A
48
*60
47%
preferred
preference
5%
173/a
17%
1,500
1223/8
.
common.
Convertible preferred
El
293/a
26 Va
29 Va
*80%
10
Elec & Mus Ind Amer shares
23% Aug
8% Jun
,
471/s
2
Electric
5%%
300
88
10
—100
12
Co
20
11
477/8
18
177/a
9%
10
Oct
105%
106
700
*10%
'
47%
47%
*105
106
*105
300
50
113/4
100
I
28
Jan
477/8
47%
10'/a
4%% preferredElastic Stop Nut Co
Electric Boat
47%
*9%
common
6
Deo
9% Dec
43
Ekco
Jan
100% Jan 24
60
100
57
Jun
17 %
59
113
preferred
Elliott
104
4
Apr
5
101
May 2
7% Apr .1
4%%
7
Feb
17
60%
1131/4
Edison Bros Stores Inc common
21% Jan
Jf.3
E0% Feb
7
17% Jun
•
17
59%
.10
preferred
Eaton Manufacturing Co.
Jun
16% Dee
16% Aug
16%
601/4
.10
6%
13% Mar 24
49
17
60
—1
10% Jun
Jun
17
60
113%
Inc
Jan
48
17'A
.10
Co
Airlines
17
jun
29
1100
Corp common.
Storage Battery
Elgin National Watch Co
74%
29%
A
51
34
59
32'/a Jan
1st pfd
34% Jun
27%
28%
28%
*49%
19
No pa*
Preferred
Jan
Dee
Feb
13
29%
47%
5
56%
4% Jan
9%
1% Jun
29
Shares
V
& Co-
;
Duquesne Light 5%
DWG Cigar Corp
2
2% May
29%
167/e
CLOSED
No par
(E I)
Eastern Stainless steel Corp.
Eastman Kodak Co common.
14 Ve Apr
12% Deo
11
29
EXCHANGE
I
Corp
13% Jan
7
47% Mar 29
32% Mar 18
*10%
Dunhill
13
21% Jun
32% Feb
1% Not
48% Deo
11
19% July 26
92
.
11
*80%
Eagle-Picher
I
11
100
preferred
conv
20% Mar 30
167/s Mar 29
13% Jan
7
.
*103/4
3%%
14
Jun
107/8
21
86% Jan
14
6
10%
STOCK
17%
common
10
33% Apr 29
50
1057/a
preferred
Industries
12% Jan
*12% Feb 25
*46
177/8
88
8% Jun
50
105%
Jun
Jun
16% Oct
37% Jun
28%
50
17%
33% Deo
19% May
66
28%
491/2
11%
28 Vs
28'/a
281/8
IO51/2
2nd
28%
11%
11 %
*48
BOc
92%
Feb
28
No par
Deo
11
281/a
*11%
11%
11%
r
49%
*48
$3.25
Mar
6% Jan
39% Nov
-*27%
Dresser
13
July 25
11%
4
24% May
1
5
11%
21
108% Jan
12
Jan
11%
.
106
101% Aug
164
.
106
115% Jan
13
.•
No par
July 13
common
3
38% Jun
r"*
$4 preferred series A
106
Co
20
Jun
.
*58%
Chemical
Jun
7% July 11
7% Jun 14
•
No par
II
21
82
106
No par
Douglas Aircraft
50% Jan
14
•:
B
15% Jun
19% Nov
.
No par
13
25% May
20% May
13
28
'
No par
9% Jun
Jan
13%
Feb
97% Jan
Jun
15%
14
t,
Dixie Cup Co common
Class A
Du Pont de Nem
43% Jun
*11%
1
17% Apr
1,
48% Feb
32% Feb
*■'
19
47
33
Jan
4,200
HIGH IALE PRICES
AND
Aug. 1
-.j
1 ver share
I per share
400
12%
171/a
33%
10%
15%
500
171/8
43
I
123/8
12 3/a
123/8
20
2,300
>,
X33%
43
STOCKS
18%
171/8
42%
7
18%
341/8
34
10%
18%
17
34
*6%
*18%
34
34
2
53/8
17
34
50e
;
51/4
12%
17
Car Co
Motor
T
Stores
5,000
,>
55
*50
53/8
34
17
Corp
Distill Corp-Seagrams Ltd
Diana
50
*5%
187/s
*12%
17
42
—25
preferred
217%
50
4,600
'
800
5%
18%
12%
17
33%
No par
common
187/s
*12%
••
213/4
53%
5%
*18%
12%
21%
*50
17
-12.60
Raynolds class A
53/8
53%
•
39%
39
21%
21%
5%
4
53/8
*387/e
39
40
21%
*5d
213/4
55
*50
1
Vllbiss Co
Devoe &
Range for Previuu*
^
100
pfd
'
6% Jun
13
De
for
22%
3934
Detroit Hillsdale & S W RR Co_lOO
9'% Jan
21% May
Dec
Jan
#
7
343/4 Jun
13% May
ctfs
,
22
100
com
3
Apr
60
Dec
Escrow
for
24
20
8%
ctfs
503% Jan
68
July
Escrow
7
•
14
32% Mar
^
277% Jan
' '
30
83/B
Deere
20%'Aug
17%
19%
8 3/8
Aug
5
353/2 July 29
20
Jun
*16%
19%
*95%
B
Rubber Co
13
5'% Jun
19
17%
*19%
8 3/a
12
29
13
300
*16%
1
7
(The)
97
Jan
14
Mar 29
11%
953/4
Decca
Jun
94
*8%
7
31
11
96%
9% Jan
17
11%
*921/4
95 3%
4% May 31
30 y8 Jun
117/8
lO'/a
100
Dayton
Jun
94
*113/8
BOo
8
34% May
60% Jun
lO'/s
*92%
11%
100
103% Jan
46% Jan
11
94
*11%
series A
97
30
42
lO'/s
*92%
11%
series
11
7% Jun
Deo
11 VB
94
11%
3.75%
92% Jan
Jan
31% Deo
29% Feb
*11
*92%
117/8
3.75%
92
Jun
15%
13% Jan
11
94
Preferred
Jun
94
27
11
*11%
Preferred
94
Sep
Not
July 29
Corp
Dayton Pwr & Light common
84
8% Sep
Jan
May 12
82% NOT
8%
series A
pfd
*93
1
IOC
Corp common
Davega Stores Corp common—2.60
5% conv preferred
20
Jan
18%
Jan
11% July
Jan
14%
13
87
Jun
Jun
••
8
447/0
31/4
:
07
*8
200
'
r
10
4i%
1,000
7%
800
8%
r
1,600
44%
441%
1,300
3%
3%
300
Number 4827
Volume 170
THE
COMMERCIAL
NEW
Bu(e for Preriona
Range Since Jan. 1
Lowest
Highest
I per share
YORK
FINANCIAL
CHRONICLE
STOCK
I per share
NEW
Highest
$ per share
YORK
Saturday
Monday
Aug. 1
19
PRICES
Wednesday
Aug. 3
LOW AND HIGH SALE
stock
EXCHANGE
(503)
RECORD
STOCKS
Year 1948
Lowest
&
>
*
t pershare
Par
-
July 30
f par there
Tuesday
Aug. 2
• per share
'
f per share
Thursday
Friday
tha Week
I per
f per share
9 per share
flalea far
Aug. 5
Aug. 4
Shares
share
F
37
20
34
Jun
13
33% Oct
19
Feb
28
28% Not
23% Feb
15
64%
Nor
xl9%
Nov
.
Apr
Jun
Not
Jun
12% Aug
% Jun
Feb
,16
Oct
11% Mar
9
35%
Feb
43
Jun
11%
32
15
6
16
Mar
20% May
14% Jun
Dec
12% May
31% May
3% Jun
24% Feb
90
Feb
99%
Jun
95 % Mar 23
19%
Dec
24%
Sep
14% Jun
17%
Dec
26%
Jun
Feb
69%
Oct
63 y2
42
Dec
103%
Not
107%
9
96
43
Federal Motor Truck—
Federated Dept Stores
July 14
Dec
3
2
Aug
105
53
11% July 13
17% Jan
21% Jun
31% Jan
May
98 y2 Jan
107% Mar 17
65 y2 Aug
4
3
7
3
4% %
7
102
Dec
28
Dec
36% May
15 % Jun
18% May 25
13
13% Jan " 3
12%
Dec
21%
Jan
12
14
22%
Dec
40%
Jan
x9% Jun
9% Mar
27
12% May
Jun
Dec
79
Dec
47%
105
Jun
82 %
Not
92%
24 Vi
Dec
Dec
May 26
15
May 13
* Jan
8
393/8
39%
39%
5,000
12%
13
13%'
13
13
13
13>/4
3,600
2,900
5,400
%
%
♦li
%
14%
143/4
14%
14%
36
36
36 %
36%
36%
36
17%
4
29%
29%
99%
99 %
99%
15
15%
15%
15%
15%
15%
15%
•15%
15%
68
68
69%
69%
*68%
69
47
100
106
*21
26%
463/4
463A
463/4
471/2
*105%
106%
105%
105%
220
65%
65%
11%
11%
11%
*11%
12
11%
11%
26%
26%
26 %
26%
26%
2 b J/a
20
100
100
*100
102
100%
•22
23
♦22
23
21V2
22
157/8
15%
15%
15%
157/a
15%
16%
No par
*13%
13%
*13%
13%
•13%
13%
*13%
133/4
13%
13%
100
jq
11%
11%
11%
11%
11%
11%
11%
11%
111/4
11%
3,200
Corp
95
26
88
88
3%%
preferred
100
92
92%
25%
25%
25
22%
No par
♦10%
25 % Feb
3
Food Fair Stores Inc
*
9 "
Feb
26
ll7/, Aug
5
>
10
May
8
Jun
13
10 %
Oct
X38
Feb
26
11% Jan
19
21% Jun
Feb
47%
Feb
17% Mar
12% May
24% Jan
16% Jun;
68%
84
70
17
Jun
May 13
51
Aug
5
16% May 27
6
20% Jan
12
22
78% Feb
60
99 Ya
22
15%
24
16% May
5,500
22
10
Dec
300
271%
4
99%
foo
26% Mar 17
2J
15%
pfd
Jan
11%
*11%
72
700
65
65
22
conv
11
68 %
15%
3%%
July 18
47
47
106
68%
71^
Corp
100
8
19% Feb
400
65%
18
89
68%
105%
90 % Jan
\
Machinery A Chem
Food
400
683/8
210
65%
12 %
-
15%
105%
47%
47
106
65
29% Jan
1
*15%
2,200
99%
65%
*11%
*99%
151/2
29%
99%
♦64%
47%
No par
♦15
1,900
4
1,100
1,600
106
No par
No par
*15
*29
99%
151%
153/8
99%
15%
4
29%
*29
29%
15%
♦17
4%
*3%
29%
_25
600
17%
17%
*17
4
4
4
*99%
99 %
2
Aug
17%
•17%
17%
16
29%
99%
*15%
No par
Steel
353/4 > 36
36
;
*17
4%
v;
64%
Power
13
\k
29
Aug
Aug
39
24
May
Mar
Dec
393/a
8% Feb
78
8%
35%
383/4
20% Apr
9%
10
39 %
143/4
No par
Pollansbee
38% May
25% Jan
22
38
29%
;
Ho
Florshelm Shoe class A
7
7,900
37%
%
First National Stores
Firth (The) Carpet Co
^Florida
July 26
24'/, Jan
241%
14%
Florence StOTe Co
16% May 19
,
24%
H
*35%
5
preferred
%
14%
*4
com
700
24
%
1
A Rubber
35%
24
;
14%
*17
Y
x34%
24
36
•35
%
__5
N.
35
233/4
%•
HlOO
;
35
24'%
13%
12%
2
com
36%
24%
14%-> 14%
Pllntkote Co (The) common
$4 preferred
^
7
26
Tire
closed
__b
preferred
Firestone
exchange
\
*35%
25
36%
,L
No par
Fidelity Phen Fire Ins
50% Mar 31
stock
i
Felt A Tarrant
Mfg Co
Ferro Enamel Corp
8
69 %
Jun
xl04
4%%
5
37
l
Federal-Mogul Corp
10
17% Jan
May 16
i
Family Finance Corp common
Liquidating Corp
:
;
Fedders-Qulgan Corp
Federal Mining A Smelting Co
26
59% July
Not
■
6% Jan
30
14
Jan
Corp—
zb
100 % May
20% Jan
July 13
July 6
36%
it'24%
FAR
July 21
20% Aug
42% Jun
49% Mar
14% Feb
28%
Jun
53
«
13
12% Jun
63%
Brewing
17% Jan
14
Feb
No par
__2o
38 y4 Jan
17
5
20%
Falstaff
7% Jan
V
Morse ft Co
'Fajardo Sugar Co
39% Aug
13 y4 Aug
8
Jun
Fairbanks
25 % May
1
5
11
'
41% Jan
1
Foster-Wheeler
Corp
6% prior preferred
_i
Corp
10
common
Francisco Sugar Co
Franklin Stores Corp
!
12
12%
121/8
12%
3,000
24
241/4
24%
243%
4,600
88%
86
86
12%
12%
12%
243/a
23%
233/4
88
88
87
87
*91
92
91
92%
92
92
25%
253/4
25%
25%
25
22%
23
23
23
11
10%
103%
11%
24%
♦223/4
11
300
9,500
*86
12%
24
12%
12%
1003/4
40
*91%
913/4
930
25%
24%
25%
1,900
223/4
22%
*22%
11%
113%
11%
450
23
2,600
11%
8%
*8%
8%
8
8%
8%
IIII10
50
50%
50%
50%
50
50%
50 %
8%
50%
503%
14
14
14%
14%
14%
14%
14%
14%
14%
15'%
18%
18%
18%
18%
18%
18%
18i/4
18%
74
71%
72%
71%
71%
70%
1,300
51
Froedtert Grain A
Malting Co Inc_l
Fruehauf Trailer Co common
l
71
1
Freeport Sulphur Co
2
4%
8%
18
preferred
18%
*72%
*72%
74
8%
8%
1,900
1,500
4,300
270
G
6 Ya
Dec
10% May
4% Jun
15
6%
Dec
10% May
4% Jun
14
7% Apr
7% Jan
10
16%
Dec
20
14% Jun
30
17% Jan
6
9
Jan
Dec
12
38%
12%
Dec
48% Aug
17% July
34
Feb
16 Ya
Not
23% Jun
Aug
6% Jun
4
1
9% Jan
10
Jun
15
41% Jan
13
Feb
25
17
Apr
18
Jun
15
19
Apr 28
Galr Co
6%
12
15
Gabriel Co
(The)
Inc
1
(Robert)
Gamble-Skogmo Inc
5%
Game well
Co (The)
Gardner-Denver Co
No par
273%
Dec
9% May
Dec
16%
J:. 45
May
26% May
18% May
105% Jun
Dec
11%
Feb
99% Mar
1
42
Dec
100
Jan
8%
146
53% May
106
Feb
11 %
Apr
9% Mar
9
May
July
159% Dec
14% May
Not
18
July
82
Jun
J 3 Vb Apr
25
63/4 Feb
3
Gar
21% Jun
13
32% Feb
4
15% Jun
14
23% Jan
7
4%% conv preferred
Gaylord Container Corp
13% Jan
3
163/4 Aug
5
103% Jan
25
42
Feb
99,
July
107
15
Jun
17
46 % Aug
106 ;
6
2
Jan
11
14
10% Jan
24
July 15
9% Feb 24
163% Jan
19
9% Jun
153
6
Jun
10
13
Jan
7
79% Jan
20
Sep
28 %
Not
44% July
653/4 Apr 25
24% Jun 14
31
Jan
7
18
Dec
24
17
Jun
20
Apr
1
129
xl25
Not
144
Mar
87%
Not
Jan
Jun
17
43
May
341. Jun
28
40
41
C 31% Mar
34
28
Jun
39% Jan
3
44
139% Apr
Jan
.
2
Corp.
preferred
4
98% Aug
1
14
13% Jan
11
15
52% Jan
13
118%
Feb
128%
Jun
1233/4 Jan
A
128% Jun
7
Feb
108
Jun
4
107% Jan
13
119
I per share
Not
f per share
51% Jun
9 per
2
17
Jun
123% Jan
5
1253/4 Jan
x97
Jan
6
102
17% Jun
13
Feb
25
16%
Feb
26
22% Jun
17
12%
Nov
Not
18% May
2%
Feb
10%
Dec
4% May
15% Jun
183/4
120
Dec
29
110%
May
11% Jan
May
Jun
203/s Jun
31%
Jan
24
132%
22% Dec
21% Dec
Jan
6 %
Feb
Oct
293/4 May
30% May
98%
Apr
18%
Dec
30
76
Dec
72%
Jan
90
May
82% May
Feb
87
17
18% Jun
Jan
28 % Aug
122
Jan 27
26% Aug
5
4
YORK
Motors Corp
Gen
Outdoor
Portland
Public
Utilities
July 19
77% Apr
11
4%%
70
Jun
9
73
3
3% %
15
12% Feb
7
Georgia-Pac Plywood
14
33% Jan
7
Gillette
91
Jan
17% Jan
13
5
113
Mar
14%
Dec
47% Mar
94% Mar
May
6%
122
■
76
17
26% May 13
21% Jan
7
6
53% Mar 25
17% Jun
48
July
Oct
53/b Jan
3
Not
x95 % Jun
13
14% Jun
29
24% May
64%
72% July 11
Oct
103% Aug
52 V2 Jun
100
Jun
Jan
9% Aug
116'
Jan
17% Jan
14
64
24
103
31
5
12
7
Mar 24
Feb
17
38% Mar
50%
Oct
34
Jun
14
45% Jan
26
Mar
105%
Oct
98% Jun
20
104% Aug
4
23%
Jun
10
10
16% Mar
5
5%
Jan
3% Jan
7
i 96%
15
Dec:
2%
Dec
53/8
Feb
15% Aug
18
Feb
8%
Apr
53/4 Feb
19
Oct
18
16% Jan
4
Oct
35
23
Not
31
May
89
not
99
Jun
29
Mar
xl2
16% Jun
8% Apr
23
223/8 July 13
14
28% Jan
7
$4.50
Giidden
4%%
50
Union
Granite
Apr
Jan
13
13
43% Jan
7
3
18% Jan
10
132
Feb
■145%
Jun
133% July
8
144% Mar
60
Apr
77
Jan
66
29%
Feb
40%
Jun
33% Mar 19
39% Aug
13%
Dec
17% May
11% Jun
14% Mar 29
Jun
3
66
22
Jun
conv
13% May
10% Jan
90%
Dec
98
Jun
93% Jan
4
16%
Not
25% July
15% Jun
15
2%
14%
14%
17
17
17
122
*119
122
5%
24%
102
18%
18%
69%
69%
71
75
26%
15%
40%
11
1%
27%
28
107%
108 %
107
24%
253/s
*20%
21%
*99
102
*99
-
71
*81
14%
*743/8
253/4
102
183/4
183/4
18%
72%
71
*65
6%
6%
6%
28
28
14%
*743%
75
25%
75
26%
26
20%
20%
9%
98%
15%
40%
104
11
1%
153/a
613/8
*101
40%
104
24%
24%
973/4
98
13%
*33
35
15%
102%
1,900
7%
v
7%
,
5
Feb
92
Jan
4
99
July 11
9% Jun
13
14
Jan
7
44
Feb
58%
Jun
41:
50
Jan
8
57%
Feb
81
Jun
563/4 Jun
13
71% Jan
7
14
Jan
18% July
16% Jan
1.
7% July 13
Apr 18
22
203/4
213%
243/a ■' 24%
243/4
98%
13%
13% •13%
•33
35
21%
213/4
600
21%
21%
213/4
24%
24%
243/4
1,400
4,600
..
98
*13%
98
13%
35
*33
12%
13
36%
35%
26%
16%
16%
17
13
,
■
13
13
.35%, 37%
,
16%
17%
135
*135
136
•135
136
*135
136
135
136
68
*64
68
♦64
68
*64
68
♦64
39%
♦39%
39%
39%
39%
39%
39%
123/8
1.2%
12%
12%
3
11%
11%
11%
11%
100
*98 3/4
Aircraft Corp
—1
Guantanamo Sugar common—^.—1
17 Vb
preferred
Oil Corp
Gulf States Utilities Co—
No par
25
No par
5%
47
'—64%
5,400
/'
39%
39%
120
100
17%
5%
99
10%
47
65%
*983/4
100
16%
17
53/4
♦97
53/4
99
12%
12%
12%
12%
12 %
12%
2,600
11%
11%
11%
11%
11%
28,700
983/4
98%
98%
983/4
17
17
16%
17
5%
♦97
10%
10%.
10%
473/4
473/4
•463/4
-^%
65%18%::?
2,500
11%
'
10%
2,400
3,100
68
38%
•97
300
13%
—
$5 conv preferred—:
No par
Gulf Mobile ft Ohio RR com.No par
*120
35
V 98 ' 7
13%
600
7%
22
21% i
24%
*33
35
iv2;
*7%
7%
'
1
$5
1%
1%
*7 :
*97
98
♦97%
11
11
•21%
22
20%
Corp__No par
Gulf
7%
22
5
preferred
100
2,700
1,100
14,200
(H
Jun
42%,
:
,
1%
Green
Grumman
4,200
63
102%
11 %
•64
Common
800
.15%
61%
If 2 3/4
11%
134%
4%%
*15%
102%
25,800
99%;
104%
Bay ft Western RR
6
15%
61%
*101%
400
9%
9%
*97V2
41%
Green
Co Inc
9%
99%
15%
50%
'50%
51%
»
1041/2
3
Corp (The)
3,000
41%
3
L)
2,600
203/8
104%
163/4
Greenfield Tap ft Die
26%
20 %
41%
12%
100
26%
104%
1%
*33
1C0
75
26%
41%
11%
133/8
4,900
75
104%
1%
243/4
100
14%
41%
10%
*97%
3,500
85%
14
♦103 5/8
41%
104
1%
20 s/a
4,900
28%
-23%
61%
62
61%
*101%
36
Great
*97%
10%
7
*13%
9%
1%
22
1
20
10%
7%
21
15%
15%
61%
102%
,
51%
9%
99%
*97%
•:■
6%
20%
26
513/4
*503/4
9%
450
71
75
*743/8
20 3%
20%
513/4
8%
71%
G
,*83
'
500
18%
.
«:
100
V
102
71 %
28
14%
21
*65 ;
86
14
280
3,700
26%
*99
6%
*83
86
14
14%
25%
*18%
71
'
6%
27%
.28
*81%
85%
*50%
61%
•
*71//'. 73
*65 •/
1,600
4,600
1051/2
:7 ' *20%
13%
V.
?83/8
105
102
18%
*70
8%
1023/4
*28
26
20%
71
513/4
*97
25%
20%
4,200
5%
23
22%
28%
108
*99
18%
5%
5%
//"
23
71
-j,
20%
22%
*203/4
27%
243/4
243/4
♦7
No par
27%
*22%
122
*119 %
122
5 %*
22%
*21
*65
*119
21%
24%
400
16%
5%
109
16%
16%
22%
600
27,000
16%
53/8
2,800
'•/
2%
14%
22%
...
1,600
14%
14%
122
•119
■
•,
600
1,400
*23/4
17 //
*16%
400
■
*
14
.13%
"V
14%
5%
53/8
108%
21%
.
//"
14%
14%
14%
17
Jun
13%
2%
12%
July
26.
13 Vt
23/4
36%
9
page
13%
23/4
163/4
97
see
13%
2%
12%
20%
For footnotes
13%
2%
36%
July 27
20
*12%
2%
16%
Feb
3
12%
12%
Not
14
27%
36 %
12%
Jun
21 Vz
123/4
85
24
27%
163/4
July 20
20% Apr
27%
108%
61
31,800
-
102% - /;
*1013%
102
27%
108%
20%
125%
27%
36
100
''
pfd
102
27%
♦50
*125
102
share
27%
27%
26
125 %
62
27%
•
23
*74
125%
Shares
62%
125%
22%
*65
galea far
the Week
16%
*27%
I
Friday
61%
•101%
,,
Aug. 5
T
613/4
61%
.
V
I per
*125
Gt Northern Ry 6% pfd
No par
Western Sugar com—No par
1% preferred
!:
100
12
4
5%
23
'■
I per share
1 per share
Gt Northern Iron Ore Prop—No par
13
Greyhound
Feb
•119
"v."'-
Aug. 4
1?%
.27%
*16%
f" '•
16%
27%
14
r
Thursday
/
16
23/4
•v;
CLOSED
if '-r
16
12%
EXCHANGE
60
104%
16
92
5
com
*103%
16%
100
Co common
104 %
16%
16%
5
No par
36
(W T)
•103
125%
102
10
City Steel
126%
102
*125
102
98%
1
Co (The)
6
13
125
•16
103%
Jan
11% Jun
•101%
stock
par
Graham-Paige Motors
Granby Consol M S & P
126%
61%
61%
61%
1,000
2,100
126%
Aug. 3
I per share
62 %
*97%
No par
No
32
16% Jan
125
Goodyear Tire & Rub com—_No par
$5 preferred
No par
Gotham Hosiery
No par
40
33% Jun
61%
,100
<
63/4
*126
Wednesday
Aug. 2
9 per share
•101%
preferred
*103
5,COO
,
493%
6 3/4
49
126%
*1253/4
104%
Tuesday
Aug. 1
:
100
30
,
18,700
43 %
104%
127
127
*103
Monday/:.
«
8%
10
com
33/4% preferred
Grayson-Robinson Stores
15% May
104%
100
Inc
(B F)
Grant
50% May
23% Jun
126%
1
July 25
Dec
5% Mar
No par
May 31
Dec
10
com
98
Feb
par
preferred
16% Apr
16
v
14%
25
36%
126%
,
*98 %
v
6%
48%
*101%
-
•.43%?
100
6%
48%
82%
2.50
*98%
'
.
6%
14%
Goodrich Co
/
:;;:.37%r 37%
43%
90
*137 3/2' 138 3/4
37%
43%
48%
82%
Goodall-Sanford
*98%/, 100
/
18%
137%
37%
137%
>
63/4
5
Telegraph Co
136 %
48%
No par
Gold & Stock
600
6%
6%
(The)
100
18V4
48%
273/4
Co
27%
63/4
6%
conv
69%
18%
18%
48%
27%
No
100
69 %
*26%
*26%
6 3/4
♦99
5
Goebel Brewing Co
$2.25
*98%
98%'-'
71%
27%
*69%
43%
*21
Harvester Corp
44 >
1^43%.
27%
14
11
■
*6%
26
July
43%'*;
300
4,700
6%
37%. ,373/4
433/4, 43%
37%
37%
93/4
6%
18%
;
136%
137
♦135%
37% ttf
Lumb Co_l
&
Jun
9
20
preferred
Gleaner
Grand
137
<
Safety Razor com—No par
11
5
18%
18 %
160
155
9%
6%
71%
•26%
18%
8,600
10%
10 Ve
155
6%
27%
*69%
26%
No par
100
93% Apr
203/s Mar
No par
100
14% Sep
4
9% Mar
Jun
1% May 12
71%
105
6%
6%
26%
30
1,500
45%
45
*103
10
6 3/4
■
1
$5 conv preference
Glrobel Brothers common
$5
6%
*183/8
98 %
■
10c
preferred
preferred
6%
100
107
*106
10%
155
48%
No par
com
*9%
•69%
*18%
5
preferred
9%
:/ *154
27%
100
67
4%%
10%
1
:-;45:*C,;"
104
155
72
•135
No par
Gen Tire & Rubber Co
:
44%
♦103
*9% / 10
155
10
•26%
10c
$6 pfd
4
55% July
No par
General Telephone Corp
Time Corp com
5
17
Co—1
General
*93/8
63/4
10%
10%
155
155
93/4
%
107
*106
•
45%
104
•69%
a
Saturday
July 30
No par
1
10%
10%
45%
*102
104
•102
107
•106
46%
46
-
155
93/4
6%
100
213/4 Jan
Jun
10%
•
No par
No par
Refractories
102% Jan
Jun
46
104
•153%
10
com
Corp
4
Mar
106%
46
♦102
LOW AND HIGH SALE PRICES
'
preferred
General Shoe Corp
Gen Steel Castings
*24
t
Cement
13
May
28
3
t
106%
,
series
15% Jun
1
„
106 %
43/8
4%
24%
♦106
100
Advertising
99 % Apr
14
'^
3,000
STOCK
Dec
12% Jun
Feb
163/4
preferred—
$5 preferred
Preferred $3.75
6%
22% Apr
79% Jun
Mar
16%
Gen Realty & Utilities
21% Jun
4
16%
9 per share
General
General
23
25
19%
16%
100
Gen Railway Signal com
5% May
Mar 14
Dec
48%
16%
preferred
Jun
85%
16%
:
Gen Precision Equip Corp
Gen Public Service
24% Jan
22
Dec
Dec
16%
50
com
Gen
123
May 19
4% Feb 10
24
Not
16%
100
20% Jan
120
39% May
96% Jun
75
16%
100
5% Jun
27%
1,500
16%
No par
com
14% May
99% July 18
223/4 Jan
3
102%
18%
J
General
33/e Jan
14
303/4
5
16 % Mar
3
15% Jun
July 27
163/8 Aug
273/4 Aug
11% July 19
2% Jun 28
128%
Not
18%
share
Jun
24 %
19
No par
EXCHANGE
62% Feb
99"%
Feb
243/a
*18%
1
NEW
14
125%
Sep
*233%
18%
No par
Highest
Oct
4y8 Mar
24
18%
No par
Range Since Jan. 1
Leweat
Highest
93% Feb
12% Mar
22%
24.
18%
STOCKS
Year 1948
66
43/8
243/8
183/4
4%
$3.50 preferred
General Instrument Corp
Range for Previous
2,300
43/8
*23%
19
2nd preferred
conv
4%
43/8
24%
19
General Mills common
8%%
•'
500
•24
l
preferred
5%
4%
4 %
100
11%
11V4
11%
4
18
50
com
Corp
11%
,
4,300.
16%
*17%
1.66%
433/8
93% Jan
50% Mar
11%
No par
44% Jun
9 per share
*11%
37 *
x6% Jun
Lewes t
11%
No par
Oct
Apr
*11%
Foods
Jun
97
11%
com
Electric Co__j.
53
97
11%
100
36
153/4
18
,
1,200
7%
*35%
*5%
•17%
800
17
*7VB
7%
36
*15%
17%
General
13% Ddc
96
16
General
Feb
Mar
Inc
General Cigar Co Inc
7%
*15%
17%
6
■
16
7%
17%
May 17
40%
9
Gable
1st
*35
15%
y
conv
36
*17%
Amer
Transportation
5
$4.25 pfd series A
No par
General Baking Co common
5
18 preferred
No par
General Bronze Corp
5
4%
7
*35
:C
7
17%
General
4%
7
35%
7
153/4
(The)
Industries
4,700
53/4
163/4
153%
General American Investors com__i
$4.50 preferred
100
General
5%
16%
•17%
>
.
11% Mar 31
72%
Jan
Corp
53/4
16%
2
13
14
Wood
5s/s
163/4
35%
36%
900
5
5
5%
*16%
JNo par
3% Jun
Garrett
*16
7%
7
♦35%
5
5
5%
16%
5%
-
43/4
5
*43/,
5%
16%
50
10% Jun
~5%
5%
5%
16%
5
com
preferred
conv
♦4%
1
20
com
preferred
53/4
99
53/4.
♦97
53/4
99
10%
10%
10%
*93
16%
98 3/4
80
16%
3,700
6
6
*97
1,200
99
10%
11
6,400
473/4
47%
47%
♦47
48 %
300
65
65 %
64%
65%
;65%
66%
12,400
18%
183/4
18%
183/4
18%
18%
5,200
RECORD
STOCK
YORK
NEW
LOW
STOCKS
Range for
Previom
Range Since Jan,
Year 194H
Highest
Lowest
I per
$ per
Sper share
share
H
31
Nov
12'A
Dec
xl4% May
Jun
107
*101%
Feb
21%
Feb
27%
Jun
146% July
150%
Jan
104% Apr
20%
4%
Dec
18% Jun
142
Jan
4
23% Jan
4% Jan
4
6%
19
Hart
5% Jan
20
Jan
5
61
13
Feb
14
——
11%
Jun
8% Mar 14
Jun
5% Jun
7
9% Jan
7
Hayes
Jan
19 % Feb
3
24% Aug
1
HazelrAtlas
July
20'A Jan
13
24
3
Hecht Co common
27 V*
20% Oct
6% Jun 28
Aug
93% July 13
91
Jun
84
Jan
17
Jan
30
Jan
3
May
93% Jan
14
Nov
23% Jan
4
29'A July 21
40 % July 28
Dec
42
95%
Jan
103
22%
Nov
29%
24%
100% Mar
34%
Dec
35%
Oct
34% Jan
6
13%
Dec
22% May
13 Ys Jan
4
15
40
Jun
1
47
122% Feb
15
41%
Dec
57%
Apr
120%
Dec
128%
Feb
25%
Oct
30%
Apr
114
Nov
Aug
4
Hercules Powder common
27
32% Apr
122
21% Jan 26
21% Jan
7
84% May
6
28% May
14% Jun
14
Oct
86%
Jun
79% Jan
3
14%
Jan
Dec
Feb
25%
9%
Dec
15%
— ——
29
10% Jan
18
Hollander
21
1
Holly Sugar Corp
5%f conv preferred—
4
Homestake
24% Jan
20
Oct
24% Mar 10
Feb
34% Jan
27% Apr
43% Aug
16% Jun
Jun
'
:
Dec
3':
Jun
X24
Apr
29
29
100
Jun
1
108
mmmm
30
99
mm
Apr
34% Aug
2nd pfd
$4.50
J&2.25
3
29%
Dec
46%
Jan
30
Feb
11
27
Nov
34%
Jan
28% Jan
6
35% July 29
81
Oct
94%
Jun
86% Jan
6
95% Mar 14
49
Oct
42% Jun
4
20%
Feb
38%
Jun
29 % Feb
7
37% May 17
^Houston
14
Dec
23
Jun'
12% Jun
14
15% July 27
Howard
33
Jan
47
Jun
31% Jun
28
46% Jan 20
Howe Sound Co
38
s
Mar
20
Dec
22%
Jun
9
Feb
10%
Dec
19
Apr
8% Feb
Dec
5
May
1% May 23
12% Sep
14%
10'A Jun
Jun
94%
*93
94%
*93
36%
*35%
101
40%
t per
$ per share
37
*25%
37
101
*99%
101
•
*28%
40
40
13%
*13%
14%
*13%
46%
46%
46%
46%
128
*125%
32
31%
31%
119
*118%
400
119
15%
16
*15%
18
17%
400
2,500
17%
*83
84
*83
84
*83
84
••
5C0
31%
31%
*117
17%
9%
9%
3,500
9%
9%
9%
13%,
*13
13%
*13
13%
*13%
13%
*13
*13
14
*13%
14
13%
13 %
14
200
*13%
*13%
14
14
22%
*22%
22%
23
23
1,400
10
♦10
10%
*10
10%
100
18
*18%
18%
800
25%
300
'
9%
9%
9%
9% & 9%
22%
13%
22
22%
22%
22%
*10
10%
10 Ys
10%
18
18%
18%
18%
18%
*24%
25%
25 %
25%
25%
25%
25
25
41%
41%
41%
41%
41%
41%
43%
42
42%
41%
7,000
27%
27%
27%
27%
27
27%
26%
27%
3,5f0
27%
27%
*105%
1
105%
12
35
105%
105%
105%
105%
*97%
98%
*97%
98%
*97%
98%
50
11%
11%
11%
6,COO
35%
200
12%
34%
*15%
*33
34%
34%
34%
35%
91%
92%
*91%
92%
CO
54%
45%
45%
45 3/8
453/a
3,100
4,200
15%
36
35
7%
36
7%
7%
*7%
13%
10
,
12%
LOW
Monday
Aug. 1
July 30
EXCHANGE
f per share
I per share
Par
10%
*10
800
3,500
7%
10%
*10
200
p
12%
39%
40%
40%
41%
2.200
12%
12%
12%
14 COO
Xl2%
10%
1%
1%
1%
1%
*11%
12%
*11%
12%
AND HIGH
200
15%
12%
'
12%
*11%
Saturday
STOCK
7%
10%
:
1%
*11%
Corp
Hussman Refrigerator Co—-No par
38
1%
10
1%
35%
13%
13%
.
1%
34%
15%
37%
7%
*14%
*35
15%
34%
*14%
34%
37%
35%
15%
35%
Hunt
10
1,400
35
92%
45%
35%
15%
♦35
12%
.
92%
*34%
7
6.66%
1
*34
35
45%
35
36
34%
92%
45%
15%
•35
11%
34
35
34%
*91%
45%
35%
11%
12
35
*34
35%
45%
210
106%
*106
105%
98%
92%
35
*91%
*25%
*105%
11%
11%
*33%
18
18%
*97%
98
98
*10
7
NEW YORK
31%
118%
,
18%
11%
7
128
16%
39%
Hupp
1C0
3,700
17%
39%
6
280
46%
16%
*10%
,,
1,400
14%
16%
84
*83
84
*83
28%
40
18
17%
17%
17%
28%
40
*13%
*126
128
31%
.
403/8
47
118
119
101
16%
*16%
16%
*16%
14 %
*126
31%
31%
118%
119
39%
46%
128
*126
28%
39%
*13%
23%
*28%
46%
128
•
—
100
35%
*99%
14%
118%
94%
35%
11%
$ per share
share
40%
*40
STOCKS
Highest
28%
28%
28%
*35%
5CO
24
•
*99%
36%
101
*99%
*93
94%
39%
Range Since Jan. 1
Lowest
Highest
Year 1948
I per share
94%
*93
non-cum
Range for Previous
Lowest
*23%
39%
Jan
14
6
22%
23%
*7%
2% Jan
2
6%
23%
23%
Hudson Bay Min &
Foods Inc
2,4 0
6%
*23%
24
*10%
&
23%
6%
23%
24
7%
5%
6'A
2,300
23%
6
COO
8
6 Ys
24
6
70
62%
•61%
*7%
8
23%
6
10%
1
62%
24
39%
14% Jan
12%
*7%
7%
11% Jan
7
*61%
8
10%
26
29
33% Jun
Dec
62
8
39%
28
8% Jun
Nov
8%
6CO
62
preferred———100
Sm Ltd.-No par
Hudson Motor Car
12.50
7
14% May
50
Sep
—
600
5
23%
*31%
_—_1
5
Corp—
23
5
Manhattan common—100
5
3
7
Sep
Jan
3%
Hudson
8 Ys Jan
ll7/a Mar
47% Jan
4% Jun
8%
-,34%
'<■
Stores
23
5
24%
*125%
preferred
100
Light & Power——No par
Oil of Texas .v t c
25
Houston
48% May
23
*4%
13%
50
preferred-.—
conv
*22 %
23%
Household Finance com——No par
3%%
145
5
45
No par
No par
No par
com
60
2,300
*143%
145
21
23
5
7%
6 Ys
1C0
20%
8
02
com.—5
A
scr
22%
460
62
62
40%
—
30
Mining——^-—12.50
$4.25 preferred
Houdaille-Hershey
3
12% Mar 30
9% Jun 13
18% Jun
May
(A) & Sons-
145
*143%
2,100
.
5
23%
5
7%
*143%
145
*23
28
—8
;
5
10
Co»i
Furnace
Hooker Electrochemical Co.
Mar 28
96
Holland
Jan 13
Dec
35%
■
•
4
7
3
16
22% Jan
103
Dec
2
Jun
20
30
24% Nov
11
15 *•
May
May
42%
Dec
'mm
15
16
20%
5
,—
8% Jun
Jan
30%
Feb
99
July 12
20%
*143%
145
*99%
100
Inc
107%
20%
*35
—5
Heyden Chemical Corp—
1
3% % preferred ser A—
100
Hilton Hotels Corp-,
-—-5
Hinde & Dauch Paper Co (new)—10
Hires Co (Charles Et
^1
Hewitt-Robins
107%
20%
*93
No par
preferred
12% Jan
16% May
25
10 <
8% May 20
29% May
29% Nov
5%
106%
20%
20%
6
Hershey Chocolate com——No par
$4 conv preference
No par
5
15
14
Dec
21%
Jan
v
14
9
12%
-
106%
20%
23
Motors—_No par
Hercules
107%
'
2,100
103
*107
23%
10
25
preferred—
73%
*23%
25
common
4
14% Jun
11% Jun
W)
non-cum
73 3i
12%
*106%
107%
♦7%
—.———100
preferred
(G
7%
127% Jan
78
17% Nov
Helme
113% Jun
123% July
27% Jan
Mar
17
3.65%
1
12
73%
73
62
—100
Co common—
(H J)
13%
12
74
35
*72%
5
15
Apr
1
26% Mar
Heinz
Mar 30
36
13%
12
*72%
'
23
5
Co-
Glass
preferred—
3%--%
Jan
78
Mfg Corp
13 %
*11%
13%
12%
74
12
1
2
Hayes Industries Inc
11%
26%
13%
13%
Corp of America common
1
4%% preferred
———100
Feb
Feb
6%
•
——10
Mar
6%
x20
13%
'
■
13
12
Hat
67% Mar 21
17%
13%
*143%
100
Marx
preferred
Schaffner &
*34%
17%
11%
20%
Refrac com__No par
Harbison-Walk
34%
17%
13%
*106%
S4.25 pfd—No par
Co
(M A)
34%
*34%
17%
13%
75
Shares
share
17%
17%
•74%
100
preferred
conv
Hanna
24% Jan
Jun
Jan
>
149
3
79
4%
6
20
May 12
20% Jan
8
Dec
59
81
;
share
the Week
\
*34%
18
n%
CLOSED
S per
$ per share
S per
17%
17%
EXCHANGE
Aug. 5
Aug. 4
for
8ales
Friday
Thursday
35%
•34
35%
♦34
No par
Hamilton Watch Co com
107% Aug
4
34% May
Dec
7
Mar 29
13
27
72% July 23
Jan
89
Mar
79
11% Jun
t per share
f per share
STOCK
28
Halliburton Oil Well Cementing__5
Hall (W F) Printing Co5
14% May 19
Jan v3
12
16% May
19% Jan
7
16% Jun
Sep
22 %
Dec
12%
Oct
35%
Feb
15%
AND HIGH SALE PRICES
Tuesday
Wednesday
Aug! 2
Aug. 3
,
Water
Hackensack
Aug. 1
»
t per share
Par
34% July 19
4
Jan
31
July 30
EXCHANGE
S per share
share
Monday
Saturday
STOCK
YORK
NEW
1
Highest
Lowest
Monday, August 8, 1949
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(504)
20
10%
11
3.300
10%
10%
10%
1%
1%
1,700
.
12%
*12
SALE PRICES
Aug. i
$ per
$ per share
fper share
share
,
for
Friday
Sales
Aug. 5
Thursday
Wednesday
Aug. 3
Tuesday
Aug. 2
the Week
>.
S per
Shares
share
I
30%
Apr
27 % Mar
35%„Jun
31% Jun
42% .-July
35
7
22% Feb
24
24%
Jan
26% Aug
9%
''July
73
Jun
13
84'
97% May
37% July
95
Jun
29
96
-(Jan
Jun
13
28% Jan
21
30
25% Jan
4
31% Aug
5
28
54% Aug
10% Jan
2
May
Feb
12%
20% Nov
25%
7% Jun
21% Jan
Jun
15%
Jan
Jun
15
38%
Dec
56
Jun
76%
Jun
55
Jun
7
67
Jun
155
Jan
11
765
58%
Nov
150
Feb
34% Mar
160
47%
3
33% Mar
30
Nov
7
8% Jan
Nov
Jun
7
Mar 30
26
4
7%
4
Jan
May 31
:
10
,
July 29
Industrial
Jan
43
4
Co—Jvk
Ingersoll-Rand
3
6%
Apr 25
-41% Jan
33%
33%
337'a
33%
33%
33%
'W" 24%
25
24%
253/a
243A
25
25
*77%
80
*77%
8$
7.9
79
*78%
80
*78
79
93
*94
98
*94
98
*94
98
*94
98
22
21%
22
21%
21%
21%
21%
30%
30%
30%
303/4
30%
31
30 3A
31
*53%
CLOSED
54 3/a
543/8
543/8
543/8
54%
54%
Feb
6%
11% Jun
21% May
Feb
8% May
13
Dec
23% May
86
Dec
1%
Dec
11%
Feb
125%
Feb
26%
Dec
160
103
18% Jan
14
86% Jan
Jan
11
93 %
8
preferred-'—
100
Intercontinental Rubber——No par
1
3% May
Jun
2% Jan
8
29
13% Jan-
7
Interlake
X145% Jan
5
172% Aug'
5
Int'l
1
28% Jan
7
Int'l
Harvester
Oct
174%
Jun
164% Jan
3
9%
Jun
5% Feb
24
178
-
23%
Feb
38 %
Jun
24
Jun
14
29
71
Dec
93
Jun
73% Jan
17
81% Mar 11
3% Mar
24% Mar
135
Jan
42% Mar
86
Feb
6%
Dec
65
Dec
52 %
Jan
39%
Nov
5% May
34%
Oct
139% July
64% Jun
99
14
July
May
107%
Jan
64
Jun
45
Jan
3% Feb
14
41% Jun
94
Jan
5% Jun
16%
Jun
Feb
17
International
Salt
27
International
Shoe
7% Jun
7% Jun
18% Feb
24
137% Jan
4%
79%
39%
Dec
10
Dec
18
23%
Dec
92%
137
34
13
14
Jan
Jun
17*
3
15% Aug
5
21% May 17
29
14
32
July 29
148
FebJan
1
Feb*
2
May
2% Jun
13
5% Jan
8
Jun
11% Jun
14
18% Jan
24
Jan
81
Jan
3
91-% Aug-1
5
Feb
48
May
44
Jan
24
56
89%
Oct
99
May
95% Jan
17
103
Jun
30
33%
Sep
42%
Jun
30% Jun
6
40% Jan
7
100%
Feb
Jun
6
110% Feb
23
20%
Feb
35
Oct
29% Jun
30
99
Dec
106
May
1137/a
Jun
101
July 20
37% Aug
5
104% Apr
9
$6
(F L)
Jacobs
Jersey Cent Pwr & Lt 4%
3 % %
2,100
*8%
89
89
177%
xl75
63/4
6 3A
7%
<■ 7
175%
7
7%
253/8
'
25
176
176%
7
6%
172%
1,900
25%
15,400
400
176%
19.200
7
*26%
27
26 3A
77%
*76%
77%
43/8
43/4
4%
1,600
26%
*76%
434
28%
27
136%
136 %
50
•49%
503A
28%
99
50%
283/4
29%
28%
137%
*136%
505/8
50%
50%
99
99
■'
100
*99
*5%
6
*5%
53/4
53%
53%
*53% ; 54
55
*53
55 %
423/s
53%
*53
53
42 3/a
42%
*42%
42 3/8
44%
*44%
46
45%
45%
33
*31%
33
*31%
83A
9
143/4
8 3/8
83/4
8%
*8%
8%
8 'JA
14%
14%
14%
*99
*5%
53A
53%
*52
14,200
137%
50%
3,600
29'A
*136%
50%
136
99%
*98%
28%
136%
28%
28%
137
100
53/4
7,6C0
400
100
5%
54
*54
55
240
56
*53
56
100
42%
42%
45%
45%
*31% '33
33
53A
260
V
42%
1,600
42%
46
46%
30%
31%
8 3A
8%
8 5/8
8%
8%
*8%
8 5/8
*8%
15
14%
15%
15%
201/4
•a-' 19%
700
300
12.700
9
9 %'<
•
15%. -'V. '
a.!/:.
20
COO
7,100
700
20%
*26%
*19%
20%
20%
♦27%
28
28
28
28
28%
27%
28%
400
28
20%
20%
27%
27%
27%
27
27
27%
27%;"/'"
600
27%
140
*137
*33/4 B-4,/■■■'■:■
*13%
14
*86
88
27%
137
137
33A
*13%
54
38%
*3%
33/4
53%
101%
89
54%
38%
108%
108%
*107
*34%
34%
34
35
36
*104
105
'104
170
*155
*104
105
Joliet &
170
*155
Jun
14
33% Jan
7
Jones &
Laughlin Steel com—No par
243A
25
25
73
Jun
28
86
Jan
3
5 %
753A
76%
76 3/8
76 3/8
30%
Nov
43 %
Jun
31% Jun
14
40% Mar 16
100
1
31%
32%
32%
33
*155
37/8
14
500
%
90
90
91%
250
54
54
54%
54%
1.0C0
102
102
'101 %
54%
38%
"
38%
38%
'107
108
37
37
38%
*107
37%
102
387/s
108
37%
105
*104%
105%
*105
*155
170
*155
—
300
4,600
—
900
105%
170
170
25%
75 W
>
3%
*13
14%
*89
37
25
25%
3 3/4
10
*13%
108%
*107
*106%
3%
*136
14
102
'101
39
39
4 /.
138
138
89
*13%
53%
101%
39
*126
140
*137
14
102
53%
*101
*20
88
88
21
Co
•h
4%
155
Manufacturing
169 /
24%
25%
175
77%
Oct
Joy
171 %
170
169
27
•27
2nd preferred series A
preferred series A
3,100
4%
Apr
Apr 26
10%
*76%
Jun
160
10%
4%
39%
May 23
10%
77%
27
93%
158
100
10%
4%
Feb
Jan
4%
1%
263/4
29% Mar
15
13/8
*76%
83%
145
Feb
1%
4%
14%
common—12%
CO
*1%
77%
*8%
100
No par
;
100
600
14
90%
27%
100
Chicago RR stamped-—100
102
90%
9%
*3%
14'v
*89
10%
10%
176%
9%
14
l3/s
*1%
1773/4
*89
90%
*89
25%
10%
168
*13%
14
*13%
l3/8
*1%
*8%
9%
*8%
9%
14
14
167%
8%
i
preferred
Johnson & Johnson
14%
25%
*31%
No par
preferred
3%%
Johns Manville Corp com
13%
44
-_No par
pfd
100
Jewel Tea Co Inc com
13%
42%
1
Co
Jaeger Machine Co
133A
53
1
preferred
133/8
10'A
53%
50c
Island Creek Coal common
21
13 5/8
168%
♦5%
Stores—-—No par
No par
Dept
Intertype Corp
133A
243A
*97
"
Interstate
13%
49%
preferred
25
International Telep & Teleg__No par
Foreign share ctfs_'
No par
International Utilities Corp^
5
20
158
2 SCO
10%
28
25
U'OO
63
62
*157%
35'A
♦136%
1%
Jan 27
11% Aprr 4
11% Apr 11
July 28
26% May
24
5
900
2,1C0
*4%
-No par
International Silver common
6 Ys
42%
6
42 %
35
25%
27
No par
Jan
57% Jan-13
1,500
25%
25%
*76%
com—No par
-100
44
35%
39% May
145
May
preferred
5%
9
,61
17% Mar
Nov
Int'l Rys of Cent Amer
8
Feb
5
22% Mar
29
71',
14
14
Jun
7% Feb
13
$4, preferred.
Mar 26
*
y 0
353/s
168%
63/a
15
No par
Co com
20
30% Aug
Nov
99/
Paper
Jan
35
8%
5
International
7
Jun
Mar
Jun
53% Jan
158
COO
8
7%
35
1%
*176
100
Preferred
41
30
16%
13
7
8
50
65% July
Nov
10
Feb
38% Jun
Mar
8%
8
31% Jan
143*
7
52% July 22
43
Mar
4% Jan
26
25% Jun
135% July
Jan
65
.
'-!
54 %
*54%
35%
90%
10
100,
class A—25
Int'l Minerals & Chemical com—5
4% preferred
100
International Mining Corp
1
Int'l Nickel of Canada com—No par
158
158
10,630
35
243/4
Int'l Hydro-Electric Sys
24
*63
66%
*65'A
*157%
31%
35%
*166%
preferred
7%
July 26
7% Jan
65
158
690
9%
*1%
Business Machine
22% Jun
64%
*157'A
76 3
33 %
33%
4
25
25%
25%
25%
76
76%
76%
77
33%
33%
33%
33%
3,2C0
£70
3,600
"1
K
11%
Dec
21
Nov
98
May
8% Jun
30
May
94% Jan
12
101
Aug
11
104
July 21
12
12% Jan
8
98%
Dec
101%
Dec
23%
Feb
48 %
Oct
48% 'Mar
60%
Jun
100% Feb
x34 % Feb
52
Jan
24
3
14% July 25
5
43% Apr
57
Jun
15% Aug
23
3
8 3A
Kalamazoo Stove St Furniture—10
Kansas
x89
3.80%
4%
4%
♦99
—100
—100
City Southern com__No par
preferred
preferred-
non-cum
preferred
Kansas Power & Light Co
13%
Dec
10% Jun
1
14% Jan
7
Kayser
Feb
26% July
17% Jun
23
21% Jan
8
Dec
22 % July
xl3% Jun
13
17% Jan
7
18
May
For footnotes see page
26.
(Julius)
Class : B
&
-
1
101
103%
104
104%
104
104
*103%
39
38%
38%
104
2,000
10
20
*103%
38%
38%
39
54%
54%
54%
55
15
15 Va
15
55
15%
54%
15
15%
15
15 Va
17.800
15 Ys
12%
-12
12%
12
12
11%
11%
l.rco
14%
12%
12
■
12
19%
5
Co
'9
1G1
101
*99
9
9
99%
9
*99
8%
104%
♦54
Kelsey Hayes Wheel conv class A_1
15%
8%
9
101
8%
*99
38%
100
com_8.75
20%
101
*103%
cum
Kansas
9%
City Power & Lt Co—
19%
*19
15%
15%
*15
19 V*
-
16—
38%
*54%
19%
*15
'■
21%
223/4
35 %
14
*89
—No par
No par
common——No par
Iron
9% Jun
Dec
Jun
16% May
156
x34%
42%
43
*
6%
42 3A
42%
42 3A
Y
■
13%
14
4%%
Apr 20
43
25%
*6
6 %
*6
200
31
8
25%
25%
25%
6
t
12,900
26%
35%
*8%
Interchemical
common
64%
158
35 Ys
13%
15% Jan 26
Corp
43
64%
158
1
5
Inc
3
30
Nov
5%
Insuranshares Ctfs
53/4
20
Inspiration Consol Copper—
8
9% July 29;
Jan
12% Apr
8
25%
5%
*7%
8
8
25%
25%
43
*54
8
8
*5%
■■■
15%
33%
25%
-No par
1
8
8
No par
-100
common
preferred
Inland Steel Co
8
333/4
25
STOCK
-W.¬ EXCHANGE
1
Rayon
2,300
34
33%
*213/4
•
243A
*.94
■'•V
20
;
Co common-100
6% non-cum conv pfd ser A—100
Leased lines 4%
100
RR stock ctfs series A
1000
Illinois Power Co common—,—No par
4.70% preferred ——
50
Illinois Terminal RR Co
5
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—
4
20
90
Power
Illinois Central RR
7
,
51% Jun
5
{2% Sep
Feb
Idaho
7
Jan
30% Jan.
38%
*55
403/a
56
19%
19
19
13 %
13%
16
15 %
16
16
16
3,100
£00
600
1,600
Volume
Number 4827
170
THE
COMMERCIAL
Range (or Previou
*' Lowest
Highest
9per share
42%
607/b
"
$ per share
Feb
40%
Nov
12%
Dec
Feb
24
92
Oct
Jun
39
6
56% Jan
Jun
20
.-46% Jan
25
.13% Jan
7
15
.22% Jan
11
Jun
14
100
11%
10% Jun
14
104% July
14% Jun
75
Mar
Jan
62
37%
Feb
63
;90
Oct
25% Jun
20
9
98
: Jan
26
Mar 18
May
5
4%
.
14% July 26
Kinney
67% July 22
31% Jan
(G R)
Co
Dec
89
Nov
95% July
x90% Jun
32
Feb
39%
Jun
x35% Feb
16
41
V Aug
3
Kresge
45%
Feb
58% July
48% Feb
14
59% Aug
2
Kress
40%
Nov
49
3
55% Aug
5
4%
Feb
5
7% Aug
47/e
Dec
12
Dec
24
17
43
6% May
9% Mar
42
Oct
Jan:
4% Jan
Apr
17% Jan
4
9% Jun
14
14 % May
Oct
53% May
43
Jan
7
25% Aug
297/e May
19% Jun
14
35
47
37
Mar
6
10
Mar
■
3% Jun
21%
Dec
90
Dec
99
10
Feb
Jun
26% Jan
43
4
29
22% Jan
20
98
6% Jun
3
11% Jan
10
13
40% Jan
24
Jun
3% Jun
13
5% Jan
3% Aug
4
3% Jun
1% Jun
3
3
Jan
<8
7
Jun
13
24% Jan
12
$3
4% Jun
15
8% Jan
12
May
x41% Jun
15
48% Aug
5
May
8% Feb
21
11% May 16
X24% Mar 30
Jan
41%
Feb
56
8%
Dec
12
15
10% May
1st
13
52% Jun
17
70% May
Dec
233/8
Jan
13 % Jun
68%
Dec
85
Jun
65% Jun
24s/s
Jun
16% Feb
5
22 % Apr
14 % Jan
3
18% Aug
5
Jun
8
67% Jan
21
23
Jan
20
23% Aug
5
133/a
Jan
14%
Dec
57%
Feb
xl8
Nov
t
18
Feb
138
Nov
158
23
NOV
25
Dec
50
May
20
Feb
91
Dec
17
Nov
213/e
23% Jan
4
22%
403/4
403/4
403/4
403/4
*403/4
41%
403/4
403/4
40%
40%
600
3
*183/4
19%
*183/4
19%
19 %
19%
19
19
*18%
19%
600
*94
95%
*94
95%
95%
94%
95
*93%
95
100
10
7%
14
25
Jan
14
98% May
13
*3%
*
1%.
16%
53/8
33/4
*35/8
3%
1,200
3%
3%
3%
1,900
1%
1%
*13/4
1%
400
16%
16%
16 3/4
16%
5%
*5%
53/a
100
47%
48%
2,800
93/8
600
'
:
163/4
*5%
17
5%
v
*5
48
48
47%
5
9%
9%
9%
10
9%
9%
_No par
23%
23 3/4
23%
23%
233/4
233/4
No par
51%
52%
52%
53
52%
53
7
7%
7%
7'/a
36%
36
36%
7
36%
7%
36
36%
3 6 3/a
36 3/a
36%
36%
1,200
83%
84
84%
853/4
85%
853/4
35%
86
85%
86 %
5,600
177%
.177%
177%
177%
177%
177%
177%
39%
39%
39%
100
7%
7%
8%
4,000
6%
_7
"
s
com
25
1
100
*177
177%
*177
No par
*37
40%
*38
'
.
*38%
40
473/4
48
*9%
233/4
*233/4
24
1,200
523/4
40
93/8
235/B
f
9%
53
53%
54
3,800
*39
73/4
73/4
7%
56%
56%
56%
22
22
22%
14
14%
*14
70
*67%
70
7%
5
7%
7%
No par
56%
56%
No par
20%
21%
21%
14
14
14
14
73/4
•
40
9% Jun
6
31% Apr
Jan
30
*66%
*67%
68
*67%
68
56%
22%
1
56
56 %
23
223/4
23
14%
56
14
14%
129
Oct
142
Feb
133/a
Dec
30% Mar
943/a
Dec
10
Nov
27%
131
10
9% Jun
Jun
Jan
14
18%
18%
183/8
18%
18 3/8
18%
5,100
18%
18%
13%
183/a
18%
183/4
12,600
62%
63%
63%
633/4
63%
633/4
63%
18%
63%
64
65
19%
*183/4
Star
Cement
Corp__„_No par
(Md) A__No par
Long Bell Lumber
Lorillard
*19%
&
Nashville
Steel
;
.
19%
19%
23%
161%
161%
:
23 %
23a/„
233/8
162
*161
162
19
23%
29
29
29%
29%
29%
29%
400
33%
33%
33%
33%
34
34%
2,500
24
24
24%
333/4
24%
17%
98
17
Saturday
July 30
Monday
Aug. 1
I per share
9 per share
17
23%
98
*96%
17
*96%
173/8
10
Mack
27% Jun
22
33% Jan
95% Jan
6
100% Apr
10% Jun
8% July 27
23
20
Feb
21
Dec
5
Jun
24
19% Jan
Dec
525
Apr
430
Jun
13
490
6%
Nov
500
J an
103/4
Sep
Dec
133%
Jun
Dec
26
Jan
15% Jun
14
18
Mar
5%
Feb
145%
Jun
6% Feb
10
10
Apr
—«,
18% Mar
6%
6% Feb 24
7
Mar 25
32
,
July
8% Aug
8% Jan
17%
17% Jun
13
22
May
6% Jan
13
8
8
-■
Feb
22%
Dec
92%
Dec
103%
9%
NOV
22%
Apr
11 5%
Dec
193/4
Jan
16% Mar 18
17% Sep
295/a May
Magna vox
Tuesday
Thursday
Co
Friday
Sales for
Aug. 5
the Week
9 per share
I per share
Aug. 3
9 per share
Manati
Aug
2
17% Jan
24
20
19% Apr
29
Jan
7
95% Jan
5
103% Feb
$ per share
7% Jun
14
12
Apr
13% Jan
12
11
»
Marathon
13
57% Jan
7
Masonite
13
19
7
Master
27%
X165
Nov
45
Oct
343/a July 12
42
Feb
2
5
" Jan
170
Feb
353% Mar
473/4
Apr
38
Jun
1
44% Aug
5
84 % Mar
93
Jun
89
Jan
4.
95 % Aug
4
84
Feb
93
Jun
89
Jan
11
96
3
77%
Aug
85
Jan
80
Feb
23
83/4
Dec
12% May
7% Jun
27
83% May 25
9% Jan
7
33
Dec
43s/8
110
Apr
21
Dec
25
Feb
88
Jan
101%
29
Nov
423/4
233/4 Mar
176
112
Jan
30
Jan
110
Jan
12%
46%
46%
1
13%
13%
36%
36%
Chemical
McGraw
par
*110%
112
No par
Corp
35
*213/4
17% Mar 11
McQuay
12% July 14
17% Jan
15
82
Jan
13
Jan
12
13
34
11%
Dec
19% May
7% Jun
3
14
23% July 19
13% Jan
8
Dec
62% May
34 % Jun
30
49
12%
Jan
18%
12% Jun
14
15% July 25
8%
NOV
50 3A May
7% Mar 21
8% Jan 20
Jun
Jun
27
95%
Jun
Apr 28
90
Jan
3
105% May 25
17%
Feb
35%
Dec
92
Nov
104% May
Nov
106%
27%
44%
Jun
Jun
Dec
19% May
69% May
18
July 27
Dec
140
Jun
Nov
16
May
14
22
1
7
Co
Mercantile
102
110% Feb
Mar 14
24
Metropolitan
4.35%
8% Jun
14
14% Jan
8
Miami
14
47% Jan
7
Mid-Continent
6
124% July 14
10% Aug
2
7 % Jun
15
16% July 12
Middle
Midland
139% Mar
4
43% Feb
87
54% Mar
78
May
66% Jun
10
77
Mar 11
Jan
4
106
May 12
104
7
53
" July 29
95% Aug
2
10 % Jun
13
14% Jan
15
67% Jun
15
80
Feb
25
16% Jun
16
19% July 11
3.20%
$5.50
«■»»
n-ite
?6.
1st
96%
97
*95%
97
84%
*83
96
84%
8%
112
22%
32%
98
96
*83
*8%
*33
*110%
*22%
32%
*96
*95%
84%
*83
8%
445/8
3,500
84%
."r
.
80
.
*8%
8%
500
35
*33%
35
*33%
343/4
100
112
*110%
112
*110%
8%
8%
22%
32%
32%
*96
22 3/a
300
33
32%
32%
3,300
98
22%
23
98
22 3/8
112
*96%
98%
20
55%
55
55 %
55
553/8
55
553/4
36%
36%
36%
36%
36 3/s
36%
36%
36%
*97
■.
21
/
13%
.,12%
78
*31%
23
••V-8%
*37%
*14%
94.;:/,
ill
*18
99%
*97
99%
21
*2034
21%
13%
*13%
12%
343/,
96%
111
18%
223/4
8
333/4
*323/4
333/4
23%
23%
23%
2,800
8%
2,400
39
143/8
143/4
*7%
8%
34%
34%
8%
14 3/a
14%
*8 /■/
34%
95%
*94
111%
112
18%
18
333/4
,34
10%
10%
10%
4'2%
42%
100
com
3
&
preferred
$1.50 2nd conv preferred
100
25
53
*93%
73%
♦105
16
153/4
20%
20
*125
11
8%
18%
18%
34%
96%
96%
*95
110%
110%
*110
18%
18
18
34
34%
34%
*17%
345%
97
111%
18
2,600
.
..
100
6,500
200
100
500
34%
343/8
1,700
190
3/8
10%
8
*100%
101%
1003/4
1003/4
108%
108%
108 %
103/4
*107%
10'/e
11
11 %
11®%
2,200
423/4
42%
423/4
42%
43%
4,700
16
73%
*105%
11%
*70
18%
153/4
16
153/4
16
20%
15%
20%
16
205%
120
14,800
20 5/8
*20%
20%
20%
126%
126%
127%
*126%
10%
10%
105/8
*10%
10%
103%
10 3/4
5,500
8%
8%
8%
51%
8%
900
8
8
8
52%
52%
*95%
96%
74
73 s/8
73%
106
*105%
52%
113/4
34%
8%
101%
95%
70%
15
*8
1083/4
52%
70%
.
14%
8%
101%
94%
*11%
14%
/
20
38
108%
53
1053/4
v.
34%
343/8
96 3/8
.
38
10
:
110
94%
74
*8
8%
900
123/a
79
39
147/8
8%
112
8%
*37
123/a
7'. *77%
101%
101
*1083/4
126%
8%
8%
383/4
95%
33%
12%
23%
♦373/a
111%
*18
!
;l
100
23%
8%
*3734,
]
200
*323/4
42%
15%
13%
33
23%
10%
20%
*13%
X33
23%
13%
12%
500
79
42:
*125
*13
21
*77%
10%
5
13%
20%
12%
413/4
101%
110
207/8
»
jl
79
10
101%
333/4
*20%
983/4
13%
333/4
8
21
*97
*77%
*32
143/4
99
xl2%
34
8%
*96
12%
♦108%
:•
SS Marie
<
1,500
13%
*77
39
2Tx
99
3,000
-
79%
123/s
78
23 3/&
*96
pfd_100
100
5
new
'
50
.
553/8
Inc.— No par
com
Regul
96
44
3 6 3/8
conv
Min
*94%
55%
pfd series A
100
Mfg common
No par
$4 preferred
No par
Minneapolis-Moline Co common—1
Minn
1
footnote*
3.90%
series
Utilities
Minn-Honeywell
95%
36%
*8
July
Apr
178
43%
95%
543/4
No par
May
32%
*175
43
95%
A
Minn
56%
22%
178
43%
*94%
33
;iio%
*175
178
433/4
95%
18
12
&
8%
33
*175
43%
500
12
P
%
'
500
10%
St
178
43%
35%
No par
Jan
*175
1,900
30%
8%
1st preferred
Minneap & St Louis Ry
3
4,000
323/4
Petroleum
Prod
367/a
35%
25
98
10
Steel
1,300
36%
47
*29%
12% Jan
Nov
Mar
South
13%
36%
*46%
30%
3%
Co
Copper
23
May
36%
5
Edison
37% Jun
13%
36%
,
35 3/a
Co
preferred
13%
36%
35%
2nd
Machine
13%
36%
*29%
Merck.& Co/Inc common
50c
$3.50 preferred —___——No par
conv
47
13%
36%
30%
34
$4
453/4
*13%
35%
Mesta
3
46
13%
46%
13%
35%
26
3
46
*46
*29%
38% Jan
20
1,800
1,400
35%
Inc
Co
Transp
30
8%
30%
20
97% Jan
14
series)
(The) common
preferred
Stores
7,100
30%
—100
—50
1
1
5b
Corp
Min
370
233/4
101
12%
*35
8
&
23%
*993/4
30%
No par
Merch
23%
101
13,600
-
.
353/8
10
No par
Co
1st
conv
23%
*9.93/4
1,200
7%
17
30%
23% Jan
Nov
18% July
Mengel
5%
(1st
pfd
Shoe
23%
100%
22
73/a
17
8%
*96
preferred
No par
Merritt-Chapman & Scott—No par
42%
Jun
2nd
23%
*99
22
75/8
17%
12%
32%
3
87
105%
4%
22%
7%
*16%
7%
17
8 3/4
963/4
—.—_^.__1
Co
Corp common-—.
4%%
pfd (1st series)
Melville
*21%
22
12%
32%
No par
Mfg
7%
17
8%
963/4
Aug
30% Jun
18 % Jun
11
34% Aug
96% Jun
112
106 % Jan
14 % Jun
128
Jan
Norris
21 3/4
353/8
Mines—..
Mead
70% May 25
xl3
4,600
27,600
1
16
23% May
Jun
12
No par
Jun
$4 preferred
McLellan-Stores
83/4
A
12%
1
Publishing
Porcupine
85/n
TV
8%
100
Electric Co—
McGraw-Hill
22%
8%
' a
:,v,
12%
*83
8
8
*32%
700
8 3/s
hi
5,400
8
8 3/4
84%
*83
par
16%
8 3/a
*7%
12%
*94
par
235/8
100
*16%
8
8%
96%
par
7%
17
8%
8%
12%
*94
43%
22
'
450
*430
16 3/8
8%
3/8
%
i i
900
3,300
3/8
8
8
16%
8%
8
1,700
12 %
*7%
16%
8%
16%
,
7%
1
8%
*94
42%
8%
*7 5/8
8
16%
10
123/a
95%
11
96%
178
21%
*94
19% Feb
22% Mar 30
9
*7 3/a
*175
common
3
July 20
.
100
5
preferred
92 % May
100
83/4
Corp—No par
McKesson & Robbins Inc com
20% Jan
'ot
_—No par
12%
—
Co
Mclntyre
28% Jun
10% Mar
100
1
*98%
55% May 14
46 % May
Oct
23%
97%
36% Aug
25
98%
23 %
97%
4
Dec
9% Mar
23%'
3
Dec
Feb
No par
41% Jan
20%
Feb
prior pfd^__100
30% Jan
31%
13
7%
*16%
36% Mar 30
Jan
38%
7%
16%
34
243%
101%
213/4
73/8
16%
14
Jun
Nov
21%
24
24%
85%
6.25
5
8%
hh
Feb
Feb
*47
7%
24
Jan
7%
tt
McCrory Stores Corp com-.
3%% conv preferred
5
8
8
450
*430
450
*430
450
7%
McCall
Apr 21
*430
*73/4
29% Jun
May
52% May
87
Dec
73/4
8
7%
8a/4
83/4
12%
1
31
35% May
98% Jun
Dec
8 s/8
17
9
*98
73/4
10
97% Mar
4
30%
99%
12%
Jan
25
Jan
300
*96%
8 5/8
33% Feb
19% Mar 22
90
2,200
31
31
30%
100
73/4
Mar 31
30% Mar 23
Jan
11
30%
99%
V
7-4,800
*12%
Co
May Dept Stores
>
103/4
83/4
$3.75 preferred —;
No par
$3.75 cum pfd 1947 series—No par
7%
10 5/s
12%
$3.40 cum pfd—
;
No
Maytag Co common———No
$3
preferred
No
$6 1st cum preference-.—No
35% Jan
Jan
Dec
153/4
Aug
36% May
Jun
41%
Dec-
15
July 19
112
29%
80% Mar
May 25
176
5
41
18%
15
103/4
8%
16%
Corp
Mathieson
10%
7%
445
200
10%
123/4
*430
100
;
.
34
133%
85/B
163/4
com
10%
34
7%
*7%
Co
L)
Electric
*10
*1325/8
12%
16 3/8
preferred
11% Jun
,
73/4
*73/8
Martin-Parry Corp
39% Jun
34
133%
*8%
5
7
69% July
30%
*973/4
100
10%
*33%
*132%
12%
Corp
&
(Glenn
103/a
♦10
10%
34
8%
No par
6%
Ry
Marshall Field
27% May
Shares
133%
7%
-No par
St
Feb
30%
30
*97%
*33%
12%
Corp
Midland
Dec
% Jan
30%
11
*10
*131
8%
Exploration
Market
Feb
103/4
99%
10%
34
133%
-—.——1
.
Marine
18
47%
11
30%
Rights
Martin
*333/8
*131
7%
Co
Oil
Maracaibo
4% %
10%
«
*12%
Shirt
Manhattan
14
10% Feb
Jun
103/4
33%;
133%
99
Co———50
RR
Bros
May 14
10 5/8
> (The)
Sugar
Mandel
//
133%
CLOSED
h
4
12
29
5,000
Aug. 4
Wednesday
Aug. 2
10
Coal
7
2,300
98
J. 9%
18%
No par
Copper
Mahoning
July 15
8
25% May
Dec
15
Magma
4%%
12
33%
EXCHANGE
No par
100
Macy
3
'A'
5
Inc
10
-
153/4
7
Trucks
22
6
Jan
9%
.100
*10%
STOCK
A
10
com—
(R H) Co Inc com
pfd series A
Madison
Square Garden
;
Jan
Feb
153% Apr
24% May
13
Xl63/a
6
Working Co
& Forbes
preferred
15% Jan
245/8
24%
*96%
98
AND HIGH SALE PRICES
LOW
STOCK
,
17%
M;
M & M Wood
6%
80
29%
23%
23%
98
*17%
STOCK8
MacAndrews
26
500
3,900
162
*96%
34%
*96%
10
Par
9
23%
*161
33%
*29
29%
34
EXCHANGE
3
193/B
23%
19
23%
162
2,700
'
*29
50
Co
23
23
162
(M) & Sons Inc com
1
4%% pfd. series "A
—_j
.100
Lukens
19%
19%
23
*161
__
Lowenstein
Apr
Jun
39% May
103%
70
*67%
183/a
18%
Sper share
138
2,000
18%
NEW YORK
*
1,300
16,800
18%
4
14% Mar
50
Lone
July 22
36% Jan
4,500
18%
Range Since Jan. 1
Highest
a.
7%
7
'
x56
'
Dec
500
47%
18%
5
X35 %
2,900
35/8
4
l3/4
53/8
8,100
40
18%
Lowest
9 per share
*16%
4
1 %
130
73/8
7%
393/4
3%
33/4
33/4
73/8
40
393/4
47%
new__
,
Year 1948
17
5%
*5
_
21% Mar 30
•
3%
7
7%
7%
40
47%
Lousville
Jun
7%
393/4
Lockheed Aircraft Corp_——_.
1
Loew's Inc
No par
11
95
73/8
39%
33/4
'
800
1
41% Jan
15
7%
39%
par
*94
39'/a
7%
39%
29% July 22
20% Jun
f per share
23%
22%
*16%
Corp
Belt Co——.
Range for Previous
9 per share
*22%
(P) Co common
10
7% preferred
^..100
Louisville Gas & Elec Co (Ky) No par
98% July
Jan
Highest
23%
23%
78
35% May
Lowest
*22%
*22%
14
31% May 31
24%
22%
Liquid Carbonic Corp com___No par
3%%
conv
preferred
100
4
200
22%
Lion Oil
Aug
1,000
103/4
Link
162
}
45%
No par
Corp
.
33/8
22%
103/4
7
6
*3%
*21%
3%
22
*44%
9
3
6%
6%
*33/8
22
103/4
Jan
28
32,800
6%
33/4
22
453/3
May
Jan
153
7%
6%
65/s
*213/4
*44%
17
19% Jan
Sep
Jun
3,300
*10%
23
15% Jun
Nov
37
X60
553/4
10%
66% Jan 10
Jan '27
55
453/a
14
,
55
*10%
Corn
Co
545/8
*44 %
Jun 14
19
'
543/4
120
10%
par
pfd_
(The)
7%
5
20% May
68% Jun
30% July
'A*'
900
3,500
<
.
453/8
Lima-Hamilton
15%
3/4
*10%
preferred—No
preferred
Lily Tulip Cup Corp
55% Mar
58
'*44%
1%
7
Apr
10% Jan
41
583/4
10%
*3%
8
41
15
92
40s/8
59
453/i,
1%
Liggett & Myers Tobacco
Jun
92
41
58
*103/8
4%
Life
33
92
40%
*33/0
33/4
3%
37% July 27
x65/8 Jun
92
41
59%
63/4
22
*3%
88% Jan
Jun
6%
<1
*44%
No
2nd
Corp
Savers
6%
93
54'/a
54%
*3
13
May
54
*13/4
14
135/8
54%
1
14
47
53%
issued——
6 5/8 Jun
Nov
59%
'
2,700
405/e
40 3/4
59%
com
72 3/4 Apr
Nov
40%
59%
28%
59%
*92
92
40 %
59
when
com
34% Jun
177% July 22
92
93
403/a
25
Libbey Owens Ford Glass
Libby McNeill & Libby-
22
*92
27%
5
Jan
8 3/4
69%
Tire
Apr
38 %■ Jan
33
*68
28
& Sons Co com
10%
14
69
27%
28%
28
■
1
NOV
Feb
*673/4
28%
•WKMW
50
4
170
69
*673/4
69
28 ■'
30
No par
25
1 1743/4 Mar
*673/4
28%
*33/8
20% Feb
.
69
28%
21%
44"% Jan
Oct
*673/4
10
33/4
Jun
157
14%
21%
Jun
91
*13%
:
26%
Mar
14%
JJUSI
56%
8
*13%
Co
Feb
31% Mar
14%
—No par
Dec
82
1
*13%
6%
Stores
>
14%
*3%
non-cum
Lerner
300
2,500
*13%
CLOSED
100
16%
5
8% Mar 30
123/a
205/8
14%
Lehn & Fink Products
Aug
1,900
12%
20 %
*135/8
1
___10
43%
54
42%
9,000
95
cumulative preferred^
Coal & Navigation Co
Lehman
42
>
*93%
21%
non-cum
20%
20
95
No par
Valley Coal
50c
5%
!
*93%
Co
Additional
Lehigh
41%
12%
*12%
20%
4
&
41%
;
12%
19%
No par
Lehigh
Lehigh
Portland
Cement
Lehigh Valley RR
27
4% July
26'A July
19% Mar
3.85%
12%
19%
pfd—75 Pesos Mex
(The)
-No par
(James)
413/4
12%
19%
,
49%
95
common
Light
Co
413/4
*12%
123/a
19%
?
48%.
48%
*93%
common—
l
Rubber
Lees
May 24
33% Jun
8%
Jan
Lee
EXCHANGE
6%
Lane-Wells
6
41%
1
47%
«
Shares
9 per share
share
93%
Bryant common
4%% preferred
Mar 21
Jan
41%
19 %
48
for
93%
Lane
19
41 %
413/a
STOCK
47%
>.
Sales
tb« Week
93%
Co
Gas
Consolid
Lambert
26
Dec
39
4% Mar
"l%
Laclede
La
47%
9 per
9 per share
Friday
Aug. 5
*92
preferred
(S S)
47%
*12%
No par
(S H) & Co..
ft!;:
May 18
13% May
30% Mar
4 %
6
11% Jan
46
Koppers Co Inc
21
22% May
90% Jan
,
5
Jan
16% Jun
May
26% May
7
S per share
47%
)
Thursday
Aug. 4
Aug. 3
Aug. 2
•
100
Kroger Co (The)
•
9 per share
46%
—5
$5 prior preferred
29%
'
f per share
No par
2nd preferred
conv
21
PRICES
Wednesday
Tuesday
1
Aug. 1
-No par
Kern County Land Co
Keystone Steel & Wire Co
Kimberly-Clark Corp com
7
Monday
July 30
Kennecott Copper
;
(505)
LOW AND HIGH IIALE
,
Saturday
Par
12
CHRONICLE
!
STOCK
$ per share
; 17% Jun
Oct
May
YORK
EXCHANGE
,11% Feb
Apr
51
NEW
Highest
I per share
40
Oct
16%
19
FINANCIAL
STOCKS
Range Since Jan. 1
Year 1948
Lowest
&
52
;
*95%
74
106
*105%
*1134
129
.
52
97
126%
*95
128
52
97
1,100
50
1,000
20
74
73 3A
74%
106
1055/s
1055/8
10
11%
11%
3,300
12
113/4
12
12%
4,100
71%
69 %
69%
69%
70
*70
71%
130
18%
18%
18 3%
18%
18%
*18%
19
500
•
COMMERCIAL
THE
(506)
22
9 per there
42%
73%
I per there
,
38% Jun
Jun
Feb
34
July
x33%
Dec
44
Jan
15%
Dec
45%
-
NOT
25
99% Dec
122
9
7
Jan
Mo-Kan-Texas
35
4
20
11% Jan
13
Jan
8
RR
preferred
1%
Mohawk
Mojud
Monarch
55% Mar 30
Monsanto
Dec
Machine
20
1.25
Chemical
Co
4
14
111% Mar 29
16
$i
4
12% July 22
47% Jun 13
69% Mar 29
Montgomery Ward & Co
10% Jan
3
13% Apr
6
Moore-McCormack
lt>'/2 Jun
29
23
7
10%
103"% Jun
Apr
10
Oct
May
27
Jan
11%
Jan
21%
Dec
20%
Jan
29% May
19
Dec
Jan
Jan
conv
Morrell
(John)
6
20% Jan 20
Motorola
6
25% Jan
15% Jun
14
7
19% Mar 30
Motor
22
May
15%
Dec
24
Jun
11% Jun
1
17% Jan
8
Mueller
13%
Not
16%
Oct
x9% Jun
13
14% Jan
7
Dec
14%
Oct
Jan
7
33%
Feb
46
9% May 31
38% Feb 17
45 % Aug
1
28%
28 Va
107%
May
53%
53%
7
•101-%
110.
*108%
112
110
•109
111
♦109
111
•109
42
Jun
30% Mar 22
37% July 12
50
Dec
66%
Jan
41
61
14% Mar
21%
Jun
10% Jun
14
May 17
July
6
13% Jan
14
Jun
1
11%
52% .53
53%
11%
11%
H7/a
11%
7
'7
•
Shares
44%
.
8%
3%
4
18%
18%
19
3,000
8,200
8%
Va
*27% 7 28%
28 Va
500
10%
400
10 %
10%
23%
*23%
24
53%
53%
53%
54
10
•109%
112,
*109 Va
111
•109 Va
'
100
'
i
112;
•109Va
111
•
11%
11%
12%
12%
12%
5,600
52%
53 Va
52%
53%
11%
11%
11%
19%
11%
11%
11,900
1,000
*18%
19%
100
16%
16%
500
*20%
20%
700
17
17 Va
1,300
,53%
'
19 Va
•18%
16%
16 Va
*16
20%
20%
20%
20 Va
X20V*
20 Ve
20
20
♦17 %
17%
*17%
17%
17%
17%
17
17 Va
1
Co
13 Va
13 Va
13
133/g
13
13
12%
123/4
12%
12%
1,200
10%
10%
10 Va
10%
10 Va
10%
10 Va
10%
10%
10%
2,700
9%
9%
*9%
10
•9%
9%
*9%
9%
*9%
9%
-300
45%
1,600
16
1
No par
I
Co
19
19
No par
-
„
45
45 Va
45
45 Va
♦110
111
111
*18%
19%
7; 16% ,7
*16
110%
45%
45
,
*18%
V
16
77
110%
45
110%
16 Va
*110
45
45%
110
1103/b
123/4
120
110
12%
12%
13 Va
13
12%
4,600
37%
37%
373/4
37%
*37
38
•37
38
♦37
38%
200
43%
*41 Va
43%
*41%
43%
*41%
43%
43 Va
♦42
*42
,
13 Va
■
13
12%
12%
N
20
Feb
22%
Sep
22
Jun
13
28
18
Dec
29
Jan
17% Jun
14
Sep
10% May
18% July
23% Apr 11
9% Apr
4
4%
8%
9%
29
Feb
Nov
> 9
National Automotive I Fibres
Corpj___
National
Battery
Co—.
National
Biscuit
Jan
25
35
May 18
32%
Oct
175%
Jun
5%
Nov
32%
Dec
30% Jan
9% May
48
Feb
Dec
4% Jun
9% May
13%
6
Jun
13
,
Co
88
Jun
177
Jun
169% Jan
130
Nov
147%
Apr
135
,
6%
7,800
10 '/8
10%
10%
1,700
No par
31 Va
31%
31 Va
32
31%
32 Va
32 Va
32%
32%
33%
—6
16%
16%
16 Va
16%
16%
16%
16 Va
16 Va
16 Va
16%
1,700
No par
18%
19
18%
19 Va
19
19 Va
19 Va
19 Va
19%
19%
14,900
5%
Dec
7%
Feb
15%
Feb
24%
Jun
•fs
Dec
19%
Nov
148% Mar
Jan
x% Jun
15
May
19% Jan
21
22
Oct
73% Juri
13
Jan
21% Feb 28
15% Feb 11
25%
16%
NOV
25% July
80%
Nov
94
Jan
x80 Va Jun
21
Nov
9 Va Jun
Malleable
&
Natl
Power
10
National
13
National
Steel
19'A May 16
4% %
24
National
9%
Nov
12%
Jan
9% Jun 20
9
Nov
19%
Jan
9
3
13% Mar 30
Nehi
Nov
19
May
12% Jun
10
14'A Mar 17
Neisner
104
Jan
xl01% Jan
12
35
May
*27% Mar
87
Feb
29
98% Jan
103 % Aug
34
Mar 28
93% Jan
100
3
Natl
Natomas
July 28
I per share
«
S
Nov
12%
90% Mar
38
Feb
12%
70
Deo
Nov
rcr
,'hrire
Jan
8% Jan
99
.
.94
Aug
64
July
26% May
90 Va
42
Jun
14
9% Feb 25
Jun
13% Jan
Feb
Oct
65
Apr
23% Jun
30
34%
14
43%
Jun
24 % Jun
14
Dec
39
Feb
92
121
Feb
144
18% July
9% Jun
7
Jan
21
N Y
Jan
21
14% Jan
8
26% May
6
10
20
Mar
27
Jun
20% Jun
Jan
81
Jun
48
Mar
255
Jun
20
5
Feb
14
59
10
250
Apr 23
225
Feb
Jun
5
Va Jun
13
9% Jan
20%
21
Feb
21
Jun
14
86
89% July
33% Jan
Nov
96
91% Jan
4
14%
Feb
14%
jun
19%
Oct
15% Feb
97
25
Mar
9
Aug
3
19% Apr
7
Jan
88
jun
86
20
Dec
25%
Jun
21
Jan
10
14
Jan
3
28 ;-i Mar 24
59% Jan 10
Jan
93% Aug
3
13%
Dec
23
17% July
16% May 4
67/a Jun 16
Dec
86%
Jan
55
21% Jun
6
Feb
62%
Not
25
49% Jun
15
Aug
28%
Jan
26
8
Jan
82% Mar
17%
Mar
28% JaD
20% July 19
11% Jan
7
jun
15% Jan
3
8% Jun
14
Jun
3
7
13% May
93
YORK
Air
York
16%
20
St
82
*28%
29 Va
29
29
*28%
29 Va
10%
10%
10%
10%
10%
10%
29
29
*10% >11
10%
10%
10%
17% Mar
7
Jun
13% Jun
32
Jun
.
6
14
11% July 22
19% July 25
15
36
1% May 21
11% Mar 2
Jun
13
Jan
4
4% Jan
11
Aug
3
140
700
\V
700
10%
11
11
11
2,100
*10
10%
10 Va
10 Va
10 Va
10 Va
1.3(0
*13%
13%
*13%
13%
13%
13%
1,000
103%
*102
103%
103%
*33
103 Va
33%
34
98%
*33
98%
*98
100
10
104%
*102
33%
400
99
99
310
Friday
Bale* for
Aug. 5
99
34
the Week
N
Y
Harlem
&
RR
50
Co__
N Y New Haven & Hart RR
Preferred
N Y Power
N
5%
series
$3.75
preferred
Noblltt-Sparks
Noma
Gas
100%
98%
99%
52%
98%
52%
*97%
52%
*51
52%
10%
10%
10%
67 Va
10%
*66
67%
*66%
27 Va
27%
27 Va
27 Va
*27 %
27%
27 Va
27%
*27 Va
9%
68%
*127%
*52
245
58
*230
S6%
7C0
11%
56'/a
*230
245
245
6%
6%
6%
*24%
25%
24%
25%
25%
26 Va
2.80
95%
96 Va
17%
18
•92%
*96
97
97'
*96
.
97%
18
97
18 Va
17%
*96
3,600
700
97%
80
17%
1,900
17%
18%
18 Va
18 Va
*92%
93%
*19%
20
*7%
93%
93%
93%
*92%
93%
*92%
93%
19%
*19%
20
*19%
20
•19
7%
7%
19%
20
24
24
24
50%
50 Va
51
50%
50%
♦26%
26%
26%
26%
16%
16%
16%
16%
24
50%
9
Co
Co
9 Va
♦78
9
80
*78
9%
33%
33%
33%
13%
13%
No par
No par
Inc
■
V
92
79
78
34
34%
13%
10
40%
92 Va
13%
10%
10%
10
10%
92
92
92%
92%
♦108 Va
-
108%
10%
10%
10%
10%
10%
10%
18%
19 Va
18%
18%
18%
18%
80
*34%
3 5 Va
*34%
35%
35 Va
35 Va
1%
1%
1%
1%
*1%
12%
12%
12%
12%
'
92
108
5,300
12,800
10 %a
.
10%
10%
18%
18%
18%
35 Va
/ *34%
3,200
10%/:
35 Va
v
*1%
1%
13
>/":
2,200
40
300
1%
12%
1%
•12%
350
660
•
35%
1%
23,200
.
°
92%
108%..
18%
13
13
.....
92 Va
108 Va
*108
10%
10%
10%
92%
108%
No par
2.80
Co
20
78
34
13%
108 Va
*
100
21,400
6,100
9
33%
*78
1"
10
*108
500
2,700
17 Va
13%
28
Rubber
87/a
34
10
preferred
Northwestern Telegraph
17
9%
78%
108%
common
17 Va
8%
33%
13%
600
27
13%
33%
13 Va
*26%
27
78%
80
10
100
Ry
V
23%
51
17
9%
9
*7%
23%
50%
*26%
17%
16%
'
7%
24
50%
50%
27
♦26%
10
ICO
7%
*7%
*23%
7%
*7%
7%
*23%
24
Aviation
Pharmacal
900
200
23%
*52
243/4
1
Gas
11%
*20%
243/4
100
Ry
12%
*52
245
14,700
68%
130
23%
*21
*230
58
*230
10 Va
68%
*127%
25%
Co
&
*52
245
11%
23
200
*24%
4.6%
Tire
'5Z
►230
68 Va
130
11%
•10%
*21
11%
23%
1,100
27 Va
Corp—
$3.60
INorwalk
,
f>K
68
28%
10
10%
68
*129%
730
68
28%
*26%
67%
28
27%
;
9%
10
69 Va
129
129
2,300
100
Northern States Pwr Co (Minn)—
Common
No par
Norwich
*11%
*21
*68%
68%
10%
6%
preferred
preferred
$4.80 preferred
Northwest Airlines
10%
23
9%
10
130
28
*26%
28
1,800
10%
6%
—
American
9%
10
69
129
68%
129
*66
52%
6%
Corp
American
North
67%
67%
27 Va
52
10%
*10'/a
10%
*27%
10
52
6%
Chemical Co
Norfolk & Western Ry com
North
9%
99%
6%
Nopco
Adjustment
9%
*97%
6%
Industries
Electric
9%
99 Va
52'/a
10%
6,100
9%
*97 Va
*98%
STOCK
Shares
9 Va
9
9
$ per share
*6%
pfd_100
Y Shipbldg Corp partic stock
.1
&
Aug. 4
9 per share
Co-100
A
& Light 3.90%
Elec
8%
Thursday
Aug. 3
I per share
I per share
•
10%
No par
HIGH I ALE PRICES
Wednesday
...
Tuesday
Aug. 2
9:7:
*20 %
Pacific
27% May
40% Apr
7% May
No par
com
common
Central
10% May 13
No par
preferred
Natural
92% July 26
109% Mar 22
8%
No par
Dock
non-cum
Northern
;
10%
10%
I per share
York
$5
Northern
28
$ per thare
New
?
Northern
8% Feb
29%
10%
13%
Aug. 1
__No par
18
84
Apr 29
107% Feb 15
29 Va
10 Va
Monday
City Omnibus Corp
17% Jan
Dec
16%
82
*102*'
103 Va
July 30
N Y
36% Mar 17
Mar
16%
82
13%
;
LOW AND
Saturday
100
85
7
800
2,100
16%
82
10
10 %
13%
16 %
1,000
2/ CO
24 Va
10%
10%
10 Va
*13 Va
STOCK
Louis Co
13
Feb
24
*81 Va
1
Central
&
14
Jun
14%
24
preferred series A
Jan
Deo
24 Va
%
1
Brake
11 Va Jun
3%
24
99
75 Va July 22
10% Mar
24
*98
31
Jan
23%
23%
99
36% Jun
23%
20%
80 Va *82
99
27%
Nov
20%
80 Va
34 Va
Feb
16
20%
*79%
*33
Dec
90
*20%
79%
34
(J J)
16%
109%
20 Va
79%
%
82
common-
25%
78
Aug
103% Oct
8% Nov
%
20 Va
80
34
N Y State
81
14% Mar
A
21
A
comrnon.No par
Chic
6%
21
6% Mar
%
v
79%
*102
York
New
81
140
Apr
5,700
t:
A
21
Va
16%
CLOSED
6
23%
Jan
13% Jan
1.5C0
*
*81 Va
EXCHANGE
New
13
13
6%
17 Va
16%
Par
Jun
56
11% Mar
49%
200
Inc
800
*6%
16%
81%
Co
50
148
6%
17 Va
10
Fibre
*146%
6%
16%
■
117% Jun
July
July
148
140
6%
16%
Newport News Ship & Dry Dock_l
Apr 12
33% Jan 12
*146%
40
3,400
17 Va
17
81%
England Elec System
l
Jersey Pr & Lt Co 4% pfd_10Q
Newmont Mining Corp_„
lo
Newport Industries common
1
4%% preferred
—100
35
Nov
147 Va
*6%
16%
New
72% Jan 27
20%
147 Va
6%
17 /-/.
178
80
82
New
10
147 Va
6%
17
179
32%
178 Va
32%
32%
179
23%
EXCHANGE
81
12%
*146%
100
NEW
10% May 17
99% July 29
59% Jan
8
3
178 Va
16 Va
I per share
Mar 21
31%
32 Va
178
7%
21
No par
Highest
t per share
32 '/a
32%
6%
STOCKS
Lowest
.92%
preferred——————100
J
77
3%%
Range Since Jan. 1
Highest
5,900
23 5 a
preferred
?>
Lowest
14%
93
178 Va
16%
A
No par
Ban/re for Previous
Year 1948
13%
93
lo
100
com
—
Co
Newberry Co
2
13%
92
No par
Co
Bros
1,500
13%
92
79%
25
Corp
4% %
4
May
Tea
Vulcanized
7%
13%
92'/a
7%
21
No par
preferred
12%
100
Feb
Corp
Corp
?:
13%
'92 Va
32%
147 Va
6%
16%'
*7% ■v' 7%
7%
8,000
7%
178 Va
32 Va
178
*146%
1
Cast-No par
ex-dlst
No par
National Sugar Ref Co
National Supply (The) Pa
29% July 20
12'/a Apr 20
11% Apr
2
% Jan
100
Corp
'
13%
*91
92 Va
32
178
6
7%
13%
*91,
,
13 Va
7%
13%
Steel
Shares
7
Jan
7%
1
100
Lt
&
4
Jan
24% July 25
4
Dec
80% May
15 % May
21% Jan
10%
Nati
li Jan
86
12.50
com
Linen Service
National
91% Jan
15
Co
Gypsum
preferred A
preferred B
6%
9
6% July 27
19% Jan 21
13
1
114%
Nov
■
Jun
26
81% Mar
20
4
Jan
Prod-
Enameling & Stamping
7%
179
5% MarlO
14
Products
$4.60 preferred ——No par
National Lead Co common—10
33% Jan 21
Aug 4
4
7,300
,
5%
10 Va
Nat
Oct
7%
57/a
10 Va
14 Va Feb
Jan
7Ve
5%
Distillers
National
1,800
2,400
10 Va
National
7
7 Va
5%
35%
5%
19% Mar 30
15
50
5 Va
10%
13
25
6,500
5%
17 % Jun
Feb
300
34%
182
34%
5%
35%
7
■>
2,300
10 Va
22% May
16% Jan
:
*180 Va
9,800
12
5%
Nov
95
*5Va
*34%
6:
34 Va
34%
182
12"%
35%
10%
17%
14
35%
5%
Dairy
13
5%
7
7
;
>.y;: 11%
10 Va
Department Stores
86% May 13
25% Apr 14
7
12%
11%
33%
35
35
12%
35%
182
■') 182
5 Va
5%
35
6%
6%
6%
182
800
Co———. __1
National
29%
34%
183%
30
1,100
Gas Co- —1
Container
National Cylinder
National
162
33%
34'/a
33%
*182
182
32,100
21%
8
8
*35 Va
12
35%
National
8
11
33% Aug
5
16% July 27
7% Jun
12
35%
14%
25%
25
X21%
11%
12 Va
12 Va
36
34
33%
182
13%
14'/a
25 Va
12%
12%
12
36
12%
12%
12 Va
9% Jan
Jan
12%
12'/a
37
12 Va
*35 Va
5%
10
xll% Jun
7%
34%
14
Dec
8
5%
13% Feb
Jun
*7%
34%
27% Feb
14%
7%
5%
Corp
Jun
96% May
7%
14
14 Va
7%
8
34 Va
Can
National
5
May
20%
*7%
.100
82
Oct
22
-10
common
21
Dec
21%
Inc. —1
preferred
Dec
Sep
*24%
21%
4
14%
12%
25 Va
21%
—I
24% Mar
15
*24%
22
13%
,_10
12
9% Jun 13
85
13%
25
*21 Va
National Cash Register—No Par
1
National City Lines Inc
7% Mar 29
35% Aug
5% Jun 13
5
Jan
14% Aug
14 Va
*24%
21%
7% Mar 11
13
30% Jun
Jun
1%
182% July 25
170% Mar 15
13%
25 Va
21%
—1
National Airlines
National Aviation
37
Jun
13 Va
*24 V2
—1
Louis
Co
Acme
4
13% Apr
23
Oct
10% Mar
National
.100
Corp—
Nashville Chatt & St
4
12% Aug
10% Jun
July
Feb
6
% Jun
17% Mar
26%
9%
Jan
46
Mar
162%
:
5
a"'
21 '
Jan
12*%
>
900
O
26%
Dec
92%
Jan
26%
Feb
18%
Apr
22%
Feb
92
Mar
6%
88
Dec
Dec
20
Jan
27
Jan
144%
15%
24%
jun
Jun
103
43
27% Jan
27% July 26
99%. Jan
J
1
Jun
18%
Jan
86% July
*109% July
12% Apr
23% May 31
17% Jan
8
20
Jun
14
33
May 18
28% Aug
3
104% Mar
33% Jan
25
Ohio
Edison
Common
4.40%
Co
19% Mar
7
31% Jan
7
Oklahoma Gas & Elec 4%
Oliver Corp common
99
Jan
7
8% Jun
3
79% July 13
19% Jun 13
90% Jan
10
Oil
4%%
Co
Corp
No par
25%
26 Va
26 Va
92%.
92
92
Jun
Jan
15
158% Jun
2
11% Jun
1
16% Jan
24
6%
preferred
Outboard Marine
64% July
49% Jan
7
79
28
Outlet
Not
23
Jan
Dec
89
' Feb
Dec
78%
Jan
3
Jan
58% Jan
24
convertible
Oppenheim
16% May
Dec
Jan
15
7
Pacific
May
Amer
8
Jun
6
73
10% Jan
18
Aw
Pacific
Coast
53
Aug
1
71
30
Jun
16
40
42% May
For foofrtr>t#«
r<>,
nave
14
Apr
4
Jan
17
1st
Mfg
Co
Fisheries
Co
82%
♦19
Inc
common
non-cum
2nd preferred non-cum.
♦18
18 Va
x25Va
:>>
25%
*91 Va
93
24%
,
*91 Va
7V8
7%
7 Va
7Va
82%
*81%
82%
*81%
82%
81%
20%
*19Va
20 Va
*
31%
31%
151%
2.50
*13%
13%
*64
67%
55%
18'/a
32
151%
56
*151
13%
*64
56%
152
13%
67
57%
18%
:/;v: 18%
m
24%
*91
93
7%
7%
*81%
82
43,400
200
11,800
1,600
25 Va
5,800
30
93
7%
2,700
40
83
19 Va
19 Va
19 Va
31%
200
19 Va
32
32
13%
13%
*64
67
*51
55
*51
No par
♦30
31
*30
31
30
;>
57 Va
56%
53
*150
151
151
12
8%
v
18%
31%
53
12%
28 Va
19%
*8
*8
x27%
25'/a
'
31%
5
*11%
/
/
19 Va
10
8%
2,600
'
28%
103 Va
?
31%
No par
12
30%
28%
28'/a
27%
7Va
317/a
12.80
28 Va
7%
ioo
&
Glass
preferred
*7
No par
No par
Owens-Illinois
Feb
A—100
iq
common
Co
60% Sep
11% Mar 29
preferred
Collins
Otis Elevator
27%
26%
92%
103 Va
103 Va
28%
*103
'
30
29%
103'/a
28%
28%
28%
103
18 Va
preferred
10o
(The) common—
6
29%
29%
29 Va
/
27%
18
28
7
28 Va
103 Va
27 Va
148
32% Mar 30
29%
103 Va
18%
Jan
22% Jan
28
~
27 Va
Jun
13
*29%
28
27-:
87%
164
29%"
103 Va
*18 V*
Jun
8%
*103
20
23
Not
Feb
No par
pfd
convertible
Omnibus
29 Va
277/a
_100
Ohio
91% July 26
6% Feb 11
8
distributed"
7
,
Jan
80
84%
common
"when
preferred
100
47%
11%
8%
3
*12
12%
*8
8%
•;
'
300
4,200
<
111
ins
;•
1,700
3,500
110;
53
,7
%
233/4
54.
II3/-
\
*
! i
the Week
Friday
3%
,
28 Va
23%
54
44%
8
18
-
10 Va
23%
7.
12
52 Va
12 Va
1 1%
5
lo%
;
V
1
29
44
*3%
3%),
18%
;
.♦10
53 %
Nash-Kelvlnator
10
*28%
53%
7
109
Jan
28%
5
15% Jan
Jun
17
Dec
•
>
8
112
Sep
28%
7,.
23%
Jan
112% Mar 17
Jan
12%
34
18 Va
*23%
•
Corp
Corp
Brass
18%
8%
Aug. 6
8%
44
3%
;
3%
•10
Mfg Corp
1
Munsingwear Inc
5
Murphy Co. (G C) common
1
4%% preferred
10o
Murray Corp of America com
10
4% preferred50
Myers (F E) & Bros
No par
11
3%
18 Va
10%
CLOSED
Mulllns
10
EXCHANGE
8%
8%
8%
3%
,18%
8%
3%
No par
Inc
Wheel
18 Va
8%
23%
Co...
Motor Products
14
STOCK
■'
♦43%
:
t perthare
43%
g per share
44 Va
•43
44%
♦43
v
share
10
Lines
&
Jun
16% Jun
I per
Sales for
Thursday
^ Aug. 4
I per thare
-
No par
No par
$3.25 conv pfd series A
111% Jan
13
.
23%
com
45% Jan
•
.
No par
Tool
pfd series B
Montana-Dakota Utilities
65
Not
100
Mills
Co Inc
Hosiery
24% May 16
I per there
No par
com
series A
Carpet
Aug. 1
LOW AND HIGH ■ALE PRICES
Wednesday
Tuesday
Aug. 3
V
Aug. 2
f per share
10
5
Corp
Mission Development Co
101% Jun
May
112%
47% Mar
10
Dec
20
Jun
Mission
25% Mar 30
6
Par
17% May
105% Mar
9%
Jun
21% Jan
29% July
81% May
9
6
13
14
Jun
Feb
22%
"
Monday
July 30
]•
5
9% May
13
3% Jun
15% Jun
9% July
Feb
6
54% Jan
14
7% Jun
4
Saturday
v
■
$ per there
?
STOCK
YORK
EXCHANGE
7
Leweat
f per there
13 Yt
NEW
Eta life Since Jan. 1
Hlghtat
Feb
RECORD
STOCKS
I f#* PwUlI
Year 1#48
Lawest
STOCK
YORK
NEW
_
Monday, August 8, 1949
FINANCIAL CHRONICLE
&
13 Va
*64
56%
12%
*8
*150
152'/a
67
57 Va
12%
8%
|
20
152 >/a
13 Va
13 Va
6,000
400
14
*64 Va
67
57 Va
12%
*8
57%
12%
V>:.
3,300
4C0
8%
55
*51
54
♦51
54
~10
30
30
30
*29
30
80
!,;
Volume
170
Number 4827
THE
COMMERCIAL' &
Bupfir Previous
I per share
15% Mar
29%
21%
Nov
36%
Dec
Dec
104%
Nov
147
4
18
I per
21
24
"
Dec
6%
Nov
Dec
14
7
5
2% Jun
1
Apr
Feb
66
92
Oct
100
Oct
May 7
11%
29 % Jun
10
0
Packard
5
3
59% Apr
14
102% Jan
27
5% Jun
13
8% Apr
14
8
18%
Feb
28% May
18% Jun
bT
37
Aug
1% Jun
3
3
9
24 V% Jan
7
24% Feb
9
16%
Feb
Jun
May
23% Mar
x6
Jun
Jun
•
30
267/a Aug
14% Jan
18
Jan
4
3
2
16
8
.
Jun
1
19% Jan
31
33% Aug
Feb
49%
Jun
42 Ya Jan
3
9%
Deo
15%
Jan
7% Jun
14
15y4
Feb
21%
Nov
17% Feb
5
27
Dec
34% May
23% Jun
6
Oct
16%
Dec
16 Vb
Dec
112
Jan
20% July
22% May
106
10% Feb
16
111
29
20
14% Jun
13
Juri
13
Dec
48
Apr
32
120
Apr
104
45%
Jan
29
Jan
Oct
96% Feb
9
86%
Feb
99
9%
Nov
7%
NOV
20% May
24 y« Jan
22
Dec
i
98%
Oct
104
9%
Feb
Feb
20 y4 May
44%
Dec
:64% July
40%
Feb
59
48%
Deo
55
93
21
102
July
Deo
■■;
9% Jun
17
40% Jun
6
36% Jun
7
90% Mar 24
55
22
Nov
25%
Sep
Jan
115%
Jun
91
Jan
103%
Jun
98
Sep
111
Jun
105
Jan
:
103%
14
21%
23 % Jun
110%
102% Aug
8
115
7
103% Aug
<
109
8
Jun
19% Jan
7
28
40% Jan
7
88% Feb
8
45% July
22% Jun
Sep
91
80% July 11
37% Jan
4
30%
11
Deo
,
87%
Jan
Jan
10
Jun
93% Jan
3
88%
Oct
88
Jan
8
13%
.
Dec
97%
Jan
82% Nov
54%
July
Sep
10% Feb
10
•
1
92% Aug
1
12% May 14
87% May 11
14
64
Apr
14% May
8% July 13
11
Mines
•102%
103 y2
•102%
20 Vb
20%
20%
20%
20
20
20%
20%
*38
39%
*38
40
38
38
37
38
Feb
90
19
103%
20%
20%
*20
14,100
21
37
37
500
700
1%
1%
1%
*1%
1%
1%
1%
800
29%
29%
29%
29%
29%
29%
29%
29%
29%
29%
5,40o
26
26
26%
26%
26%
267/a
26
261/4
25%
263/8
1,600
2.50
No par
*6%
7
*6%
5
lOi/s
10 Vb
5
6%
6%
25
*16%
Corp
10
Co
•6%
7
*6%,
7
7
200
97/a
10
*9%
10
9%
10
2,500
*6%
7
*6%
17%
32%
32%
49
49i/4
9%
21%
100
*107
No par
7
*6%
7
*6%
7
100
RR
50
7
14%
14%
109%
*9
9%
22%
18
18%
8,900
14%
11,200
.403/8
1,200
14%
14%
40%
41
108
•8
9%
V
9%
9%
23%
23%
104%
107%
10%'
10%
30
30 r
48%
491/4
9%
23%
104%
•
W
7
10%
10%
10%
30 y4
i'.r 29%
7' 48%
43%
31%
■
48%
491/4
43%
43%
43%
43%
53%
53%
:•53%
*100%
101%
100%
101%
22'A
22%
22%".
/
•9%
9%
9%
23%
103%
-103%
10%
11
.
7747/7
:/'
,
,
9%
30,300
80
2,300
30%
43% :
11%
31
8,500
47%
2,100
/47%
43%
43%, 7.
43%
44,,
55
55
55
102
102
22%
22%
r.
22%
77!
7,600
V
223/4
a24 'A
100
preferred
preferred
100
;
114
107%
13%
13%
26 y$
*24% 724%
7 115
103%
107%
26%
-
:
13%
13%
713%
26%
26%
26'%
26%
•83
85
45%
*991/4
115
-
103%
92%
*99%
92%
*91%
11%
11%
*11
89'%
*87%
54%
55%
55%
:
100
No par
'
8
*8%
•83
9
93
*99i/a
7
11
*
26 Vb
•
*91%
93
11
♦iQoy
7
•87%
89%
*10%
•7 *87%
561/a
X54%
55 y4
7
55%
*8%
9
9
*8%
r■
.
*8%
9
50
3,300
.10
,461/4
;»
v ,11%
10
s
200
...
*87%
89%
r
55%
56%
7,'?
'
6,900
-
101
93%
*11
8%
83/fl
89%
54%
200
2,800
26%
♦92.
11%
89%
.120
r
;83% ,83%
45%
..
101
93
\
:{•
45%
991/2
-
104
~ 1073/4
13% 713%
85
»•
45%
-
101
*90%
V7
V 11%
*83
,85
'45%
45%
101
*103 '/a
v 26 %
115%
♦107
7 13% 7,
2 b Va
15,400
40D
243/4
,
*114%
7
107%.
13%
♦
♦24%
77
103%
*307
'*
;
.♦83
V 85
45% '
45%
45%
102
*87%
par
114%
♦103%
;
108
13%
109
No
103%
*107%
24i/4
114%
.
.
'
:
3
"24%
24%
114%
103%
103%
107% 108 '
'
1
i
24%
114%
*103
100
preferred
241/4
114
500
•
3?2
No par
com
20,0.
102%
22%
550
f
>
102%
22%
"
preferred
1,000
104'
55
102%
300
10%
'30%
30%
2,600
;
24
23%
55
101%
7
113%
9%
43%
54
:
7
149'A
:
54
,111%
S%
9 '/a
103%
200
37
37
23%
23%
104
104
'.
*81/8
9%
*231/8
29%
v
110
91/a
1031/2
♦108
37
109
7,
40%
108% 77
*36
j
14%
14%
*39
•108
107
100
18 Vb
108%
9%
6,500
109%
18
37
*8
223/4
25%
♦107
*38%
106 y«
106%
9%
22%
109%
18
*36
4,400
♦107
•107 »/a
37
700
♦241/2
25
■
*36
17%
*9
:
22%
*24
109%
14%
7.
39
104%
20%
9%
18
23%
No par
common
49%
■*»107
18
*103%
:
49%
*9
109%
IOO
i
49%
25
*1071%
106% 106%
•8%
9
5
49%
22%
14%
v.
49%
25
17%
37
9%
32
21%
No par
common
preferred
32
9%
39%
100
33 %c
♦16%
32%
25
*107
109%
*36
17%
*31%
21%
18
14%
100
;
109%
*38%
*16%
33'/4
49
f
•
17%
32
*8%
*24
♦1071/a
•16%
21%
25
177/a
7
*16%
;i
;
*87/a
*24
10 VB
10
••...»
17%
21%
7
com—No par
series A
•
•
Enterprises
Co
♦102%
2,300
1%
common
Coke
Electric
2,300
1%
Co
Cement
Co
103%
150
6%
18
1%
prior preferred
conv
3.60%
11
20%
1,200
6
18
20%
20%
200
53%
1
Phillips Jones Corp com
5# preferred
Phillips Petroleum
Phoenix Hosiery
Mar 30
Deo
3c
3c
6
18
'
10,200
14%
100
*99
211%
preferred series A
100
Philip Morris 3c Co Ltd common—5
4# preferred
:
100
July 22
6
19,900
9%
'
53%
53%
100
t
*20
3%#
46% July 22
101
92% Aug
-77% Jun
51% Jun
103%
Phlla 3c Reading Coal 3c Iron
Philco Corp common
'
i-
*99
*102%
5
4.3#
•
100'
2iy4
20%
100
3.8#
21
28
99%
oOO
No par
$1 conv preference
2
Apr
11% Jun
53%
53%
53%
100%
103%
preferred
4.4#
}■
54
,
30
"■
33/4
9%
14%
*20
Rights
4
NOV
81
87
Aug
54
*99%
*1021/2
1
pfd
Phlla
26% May 16
6
54
9%
15
190
1,200
35-
3%
3%
9%
•14
6
Brewing Co
L
No par
Pfizer (Chas) 3c Co Inc
1
Phelps-Dodge Corp
25
Philadelphia Co 6% preferred
50
$6 preferred
No par
July 29
Jan
9y4
14 y4
333/4
33%
18
-
pfeiffer
May 17
32
9%
14 »/4
6i/a
Petroleum Corp of America
3
Apr
Jan
25% Mar
7
3
18%
Pepsi-Cola Co
3
'
28
Coal
4%%
3
3%
9%
15 ya
49'/4
,
3
3%
91/a
49
Pet Milk
971/2
1461/2
'33%
*141%
100%
1,100
321/a
97 VB
146'/a
18%
Peoples Drug Stores Inc
Peoples Gas Light & Coke
Peoria & Eastern Ry Co
11
Aug
tV July 12
104
54
32%
32
3
331/4
3%
3%
1,500
'96%
»
9%
No par
3%%
May 16
3%
5,300
53
146%
6yB
Transportation
conv
5#
33%
33%
32%
3%
3
331/4
521/4
96%
14%
-
*99%
■
Pennsylvania Salt Mfg Co com—.10
3- *; 24
20% Jan
*14
3
V
32%
52%
146%
147
3
900
33
32
/
96%
•145
100
Penn Power 3c Light Co
31%. Aug
3
51% Jan 19
53 Ye Jan 21
*48% Mar 30
3%.
•» g%
32
7
12% Jan
3
33%
32
Penn
24
Apr 12
105% May 16
14
Jan
May
-
*32%
27/a
32
96%
..
18%
Pennsylvania
Apr
3
96V4
147
6ya
5
12
5
3
*
31%
31 Va
96i/4
*145
52%
17%
7
36
31%
96%
No par
1
Feb
31%
146
32%
v
20%
1
Penn Gl*cS Sand Corp
113% Aug
5
11% Jan 19
Mar 11
Jan
104% May
24% Jun
Dec
20 y4
Jan
May
Mar
52%
Shares
203/4
1
Proof
Mines
Penn-Dixie
May 18
110
7% May 31
8% J on
3
17% Jun
14%
30%
96%
146
Penney (J C) Co
3
327/8
52
6%
17% Jan
3
Dec
5%
32%
52%
*52
20%
17%
40% Aug
Mar 28
the Weak
20%
20%
1
Penick & Ford
23% May 14
28% Jan 21
Jun
Rust
Patino
49% July 20
16% Jun
Feb
23
*30%
CLOSED
327/a
*20%
6Ve
preferred
Consolidated
Parmelee
3
Dec
SalM far
Aug. 5
$ per share
17%
Pictures Inc
Peabody Coal Co
10
27% Jan
27
109%
STOCK
EXCHANGE
32 Ya
53
20%
32%
52%
1
'20%
20%
32%
1
Parke Davis 8c Co
Parker
20%
$ per share
'
Park Utah
7
9% Aug
Friday
Aug. 4
$ per share
Aug. 3
Aug. 2
$ per share
No par
—
Park 3c Tlllord Inc
3
7% Jan
38%
Jan
V.
No par
When Issued
July 19
2
Car
convertible
Paramount
28
15
6% Jun
37
4%
21% July 7
42 % Mar 30
2% Feb
Motor
Panhandle Prod & Refining
Parafflne Cos Inc com
7
4
10
4
Panhandle East Pipe L com—No par
4% preferred
100
16
Jan
6
Feb
20
104% Jan
14
19% Jun
34%
30%
fc
Pan American Airways Corp
2%
Pan-American Petrol & Transp—5
15% Jun
Nov
\
lo
Jan
102% Feb
6 Yt Mar
/'.v
1
4y4 Jan
Jun
Deo
Pacific Tin Consolidated Corp
Pacific Western Oil Corp—
16
May
3y4 May
33% Jan
No par
Pacific Telep 3c Teleg common—100
6*
preferred
100
10% Apr
49% Jan
5
95% Jun 23
Thursday
Wednesday
Tuesday
$ per share
No par
Pacific Mills
8
43% Jan
Lighting Corp
3
28
35%
Pacific
$ per share
28
10
105
103
6
Jan
10
13
Jan
24%
3
Pacific Finance Corp of Call*
Pacific Gas 3c Electric
.Jun
Dec
23%
14
Par
sJan
18%
Mar
"
„
Apr
4% Jan
J
Monday
Aug. 1
July 30
8
97
2
Saturday
.
'
12
Jun
M&7
LOW AND OOl •ALE PRICES
STOCK
*
-
4
,
13
3% Jun
sharq
146%'Aug
r
(507)
"
34"% July 20
97% Aug
5^
"
•
Feb
iJan
46
Feb
27% Jun
89
11% May
21% Jun
,
1
135
YORK
EXCHANGE"
V
54
6
Jun
Jun
62% May 5% May
8% Nov
50
i
NEW
33% Feb
3
Mar
13% Mar
6%
Feb
30% Jan
Jan
44% July
89
39 Va
Jan. 1
Highest
I per share
Jun
55% July
130
3%
Km|« Since
'
47 V4 Mar
29%
:
Lowest
Highest
$ per share
CHRONICLE
STOCKS
Tear 1948
Lowest
FINANCIAL
;
,7,800
i/V
190
.A
lu|t for Previous
Tear 1948
Lowest
t per share
30
Dec
34%
Jan
Apr
103%
Jan
Jun
113
Sep
10%
Dec
15 %
80%
Dec
93
26
Mar
12%
Highest
f per share
26
Jun
13
100% Jan
5
100% Jun
32% Jan
105% Apr
100% Jun
22
11
Jan
3
79
Jun
15
85
j Feb
24% Jun
13
32
36% July
Feb
♦23%
Jun
155
Apr
157
Feb
169
July
39 %
Jun
;
24
84
22
Pitts Coke 3c Chem Co
$5
com—No par
preferred—No
par
J Jan
7
Pitts Consolidation Coal Co
1
7
Pittsburgh Forgings Co
$ per share
144% Feb
28
156% Jun
28
170
26
28% Jun
13
Jan
6% Jun
13
7% Jun
14
Jan
170
Dec
73 ye
Feb
96
Oct
70%
Dec
15
Feb
145
Jan
135
Jan
35% Jan
28%
STOCK
105
•"'12%
,*80'/4
7
7
Apr
7
f: 175
65% Jun
21
88
Pittsburgh Plate Olass Co
Pittsburgh Screw 3c Bolt
Pittsburgh Steel Co com
May 18
7%
Jan
24
5%
60% Aug
4
71% Jan
27
14% Jun
15
21% Jan
July
137% Jun
1
147
Feb
*19% Jun
14
29
Apr
preferred class
12%
12%
*801/4
83
28%
28%
12%
*12%
*138
145
*138
162
162
;7" *161
33%
4
7
*90
*8%
104
,
*90
12%
'•
83
28%
12%
1
12%
9% May
12% July
Jan
70% May
29%
Feb
46
11%
Deo
12%
Nov
22%
Nov
62 %
Feb
18
16% May
: 14% July
11% May
Jan
5%
Feb
81
*80%
82
28%
283/4
28%
13
12%
,12%
*123/4
'
164
*161
163
*161
162
*160%
7Vw
33%
34
eya
*8%
' 8%
611/a
*130
*15%
140
*130
19%
19%
; .8%
8%
62%
*140
150
•1401
32%
33%
34%'
71/8
7%
71/8
71/a
60%
16
*130
Plymouth Oil Co
Pond Creek Pocahontas
5
401%
1
*35%
39
Apr
5
12% Mar 30
14
12% Apr 21
4% Jun 13
14% Jan
24
57% Feb
26
67% July 19
22
Publlcker
85
Jan
14:
90% Mar 17
38
Jan
3
43% May 18
Public Service
23% Aug
Pub Serv El 3c Gas
20% Jan
3
28
?
Jan
Feb
Dec
30% May
25% Jun
Nov
53
30% Feb 25
37
Feb
42
24% Jun
32 % Apr
5
10
Jan
May
108% Sep
33
July
107
13
14
Jan
6
25% Jun
17
28% Feb
109
i
24
4%#
2
$4.75
5
21*
conv
10
70%
71
120
60%
61
62
320
3 i
*15;
17
16
*130
19%
♦140
.
!■'<:
*15%
140
19%
preferred
cum
$1.40 dlv
Co
July 11
29% May 9
Colorado
(The)
20
No par
com
No par
No par
common
5# conv preferred
Purity Bakeries Corp
11%
14%
5%
!7
36%
11%
14%
24%
40%
■;& 36
36%
*35%
19%«*•
11
16-
'
19%
d*>
*10%
40%
•'
2,100
'
\
10%
40%
36
'
140
*130
13%
41
36%
36%
11%
11%
11
11%
♦11%
11%
800
14%
14%
14%
14%
14%
4,100
5%> 7 6%
6
'■
1,900
141/a
;
243/4
♦243/8
€7%
66 3/4
673/a
161/4
16%
16
V
16%
*86 Vb
86%
861/B
86%
40%' J
40%
40%
24%
66%
66%
66'/a
67%
16%
16%
16%
16%
16%
*85%
85%
86%
•86%
86%
40%
40'A
23
23%
231/8
24%
1,000
24%
671/a
*24%
66%
•24
5% .!
5%
♦24 "7
16'/a
•
40
; 22%
'
*86
40%
40%
40%
23
23
23'/«
,
"7
■r
40%
•
27%
28
27%
27%
27%
27%
27%
'.
33%
33%
3?%
33%
32%
32%
32%
27%
28%
28%
29
X28y8
28%
100
*108
No par
27
20% Jan 14
Quaker State Oil Refining Corp_JLO
'17
14% Jan
Radio Corp of America com—No par
,
6% V
41
41
41
•10%
66%
com—No par
Inc
Pure Oil
4
11 %
*24
No par
preference
Pullman
Apr 30
of
36%
11
•10%
11%
800
-
150
70
5%
6 /./
2,600
•
9
com
41
14%
5%
No par
Inc
41
36'/2
11%
preferred series A—50
Industries
*10%
11%
14%
:
1
com
Procter 3c Gamble
14
Mar 22
32%
Feb
No par
14% Jun
25
*25
class B
Electric Power Co
28% May
*25%
Feb
Co
Potomac
Pressed Steel Car Co Inc
21
Apr
39% July
24% Jun
Dec
101%
Poor 3c
6
8% Jan
*10%
8%
3%
150
60%
140
19%
9
1,400
70
62
•15%
16
19%
*8% .'V,
5,400
,
*140
150
71%
♦70
140
7
"20
-
33%
" 7%
7
71/a
62%
16
8
2,000
400
162
34
*7
'"r;
61
Plough Inc
18
'
28%
13
145
prior pfd—100
50% Apr
8O0
83""
♦80%
:
28%
*139
71
94
;
Jan
20
87/a Jun
'
40
12%
145
'
10% Apr 19
24
1,200
.
105
*138%
70%
35% May
71% Jan
Ma*
32 %
Jun
8% Feb
36% Feb 11
32
Mar 3
?
12%
'
33
Shares
29%
104
145
72
19%
-
*138
140
*15%
x291/4
105
•12%
13
140
conv
104
♦80%
83
7*71
ser
29%
*103
12%
28%
100
1st
29%
104
*90105
12%
100
5%%
29%
102%
'
No par
B
thaWaak
145
7%
preferred class A
galea for
Aug. 5
$ per share
77/ 33%
34%
-A 7%
*29
♦
105
12%
_lo
Friday
Aug. 4
$ per share
"
28%
No par
/
104
Pittsburgh 3c West Virginia
100
Pittsburgh Young 3c Ash pfd__-100
Pitts ton Co (The)
1
v
24
1
46% July
CLOSED
*90
1
;
29%
28%
Thursday
S per share
Aug. 3
$ per share
*102%
PRICES
Wednesday
Aug. 2
'
104
*90
EXCHANGE
,7
28%
•102
—
21
8% Jan
15% Jan
::
Pitts Ft Wayne & Chic Ry com—100
7# gtd preferred
100
Tuesday
,
$ per share
1
Jun
161
convertible
.
Aug. 1
No par
100
Pitts C C & St Louis RR
2
■
Monday
25
common
preferred
16% Jan
10
Dec
Pillsbury Mills Inc
4
J
July 30
Par
14 % Mar 14
7
20
26%
Saturday
26
Feb
82% May
26% Oct
LOW AND HIGH •ALE
STOCK
EXCHANGE
Jan
10% Jun
142
10%
140
7% Nov
NEW YORK
< per share
Jun
Dec
Dec
-■■■
July
138
30
Jan. 1
A- Lowest
'# per share
98%
110
STOCKS :
•V/A Range Shtee
Highest
109
108
27%
*27%
108%
107%
27%
V
107%
♦107%
28
27%
27%
2b
23%
2,400
50
23i/a
108%
33%
12,000
28%
11,100
*107%
108%
400
£8 %
800
183/4
100
103/a
10%
18,600
693/4
%
£8 :
27%
'
23%
32%
/
ts.
3,700
277/s
.28
.;s3%
23
3,300
{
.
71:
28
♦28
163/4
*173/4
-
14,600
*5,900
n
17% Deo
15% May
15% Jun 15
18
18
18
•17%
18%
*17%
R
7%
Feb
15
63%
Feb
75% May
11% May
'
6%
89
Oct
Nov
25% Dec
Jun
-98%
34"%
22%
Feb
*36
31
Jan
36%
31
Jun
35
16%
Jun
July
9% Jun 28
14
x7
Jun
15
92% Jan
4
97
July 12
14
29
Jan
23% Jun
74% Jan 22
9% Apr
21% Jun 14
26% Jun
Feb
17% Jun
14
45
Apr
36
Jun
13
43
39
Jun
28 % Jun
29
36
Jan
15% May
10% Jan
3
19
Jan
Feb
4
34% Feb
23% Jan
Feb
$3.50
30% Feb
May
27% July
Dec
■„
10
7
66% Jun
18
11% Deo
18
May
Jun
17
14
11% Jan 14
13% Apr
>
preferred
Real
non-cum
Silk
2nd
Reeves
8
Dec
14%
Deo
25y4 May
18% Jan
4
8%
Dec
13% May
6% Jun
14
Dec
66
52
Jan
Aug
8%
.
99
Aug
Dec
29%
Jan
Ti6%
Feb
,^—-2% Dec
1
50
15% May
Deo
10%
.V
Dec
78%
4% Jun 29
5% NOV
11% May
see
3
8Vb Apr 26
73
13% May
■t 5% May
For footnotes
Aug
Jun
com
Reed Roller Bit Co
14
Bros
8% Jan 27
22
Apr
2
9% Jan 24
54% Feb
3
10 % July 29
17
83 ya Feb
3
6% May 31
(Robt) & Co—
$1.25 dlv prior preference
,
,.
pfd 3%# series
Remington-Rand common
$4.50
preferred
12% Jan
8
Reo
4% Jun
6
8% Jan
7
2% Jan
3
3% Apr
6
9% May
2
Republic Aviation Corp
Republic Pictures common
$1 convertible preferred
5% Jan
4
Motors
Inc
10%
10%
10%
10%
♦693/4
70%
70 y8
70'/a
8i/a
'8y8
8 3/8
*97%
98%
•971/4
•253/4
26
♦97%
*26%
8'/a
8
98%
26%
*243/4
24%
*30
303/4
18%
41
*29
11%
*18%
131/8
•
24
41
"
11%
fi%
8%
8%
98%
♦971/4
98%
*97%
98%
*25%
26
253/a
253/4
26
26
241/a
24%
24
30%
30%
18%
18%
•...
24
303/4
18%
42
*40
*30
30%
♦30
113/a
-
10%
6D%
8%
*30%
*40
30%
10%
69%
r
303/4
■;;; 18%
718%
/■
-
243/a
•30%
5
11%
11%
19
183/4
183/4
*18%
131/a
13%
13%
13%
42
,
18%
\
7 *40
.
30%
24%
;
31
18%
18%
*40
42
200
19
*
:
*30
1,600
100
I
600
T
113/b
7
1,000
31%
*11%
30%
30%
U%
19
18%
.18%
18%
18%
13%
13%
13%
*133^
13%
/
'
400
1,400
42
11%
11%
•
■
.
24'A
31
;
800
;
28,900
100
!
300
;
;
*53/4
•19%
203/4
19%
19%
7y8
7%
7%
7%
*50
51%
50%
50%
50c
10
lO'/s
25
*81
6
10
Reliable Stores Corp—
No par
Reliance Mfg Co common—-,
5
Conv
10%
69%
8
50
No par
50c
Inc
Rels
17%
preferred
Hosiery Mills
23% Jan 25
July 26
10%
69%
No par
Radio-Keith-Orpheum Corp
1
Ralston Purina Co 3%# pfd
100
Raybestos-Manhattan
No par
Rayonier Inc common
1
$2
preferred
25
Reading Co common
50
4# non-cum 1st preferred
50
4#
16
1st
—100
6
1
83/4
2%
10
7%
7%
6
10
"
*81
63/4
6%
*19%
20%
*19%
20%
100
7%
50
5%
20%
*71/4
73/8
7 Vb
7%
1,700
50%
♦50
51%
10
10'/a
10 %
♦81
83
83
83/4
8%
8%
5y8
5
5%
5
2%
2%
2%
23/4
7%
7%
7%
7%
7%
.51/8
;
-i-
83
83/4
51/4
-
*5%
•19%
23/4
83/4
5 Vb
~27/a
•
10 Vb
10
*81
83
1
50c
6
♦
,
8%
-
'
♦50
93/4
•81
7
1,200
51
350
10
7,000
83
f%
8%
8%
5%
5ya
"5'/4
2%
2%
2y8
7%
7%
8Va"
'
1,200.
7,800
7,100
7"*-2,800
page 26.
A"
24
THE COMMERCIAL & FINANCIAL CHRONICLE
(508)
NEW
22%
103
91% Jun
13
21% May
10% Jun
17
Oct
15
Dec
82%
Feb
102
Oct
4%
Dec
8
May
29%
19% Nov
4 %
15
16% Jan
12
1
99% Jan
5
Aug
2
Jan
103% Feb
3
6% Jan
Drug Inc
i
Reynolds Metals Co
6
23
33 V,
Dec
34% Jan
3
Dec
60
Jan
42% Mar
7
80
Oct
94
Jun
85% Jan
3
103% Dec
Dec
24% May
13% Jun 13
15%
Jan
49
Jun
24% Jan
17%
Dec
28
Jun
15'% Jun 21
Preferred
Mar 25
19% Jan
5
Jan
21
4.50%
series—
12
Bitter Company
19%
Feb
29% July
5% Jan
5
Roan
13
10 V* Jan
7
Robertshaw-Fulton
21
12
23
7% Jun
Jun
28
25% Jan
3
30
Sep
Feb
Jun
15
42% Aug
5
10% Jun
72
Dec
54
18%
8% Dec
18%
113
Sep
39%
Feb
13
13
18% Feb
61%
Ruberold Co
3
24% Aug
1
27
113% Feb
16
35% May 11
48% Jan
3
'12%
8%
Feb
7% Jun
13
32%
Feb
48% May
31
Jun
13
67
Jan
139% May
87
Jun
13
122
58
'Jan
101
78
7 Jun
9
,,91
16%-July
Jan 25
1
12
Dec
79
1
15"%
87
29
91% Mar
98% Aug
Apr
83
<
3
14
Jan 4 5
86
Jan
13%
Feb
26% July
13% Jun
44
Feb
62 %
Jun
47% Jun
18% Jan
10
55
Feb
20%
Jun
16% Jan
243/s
24%
24%
1113/8
72
111%
111%
43%
43%
44%
43%
v
t c—No par
8%
83A
8%
8%
83/4
8%
series A 5%
vtc—100
333/4
59% May
8% Oct
36% Feb
31% Feb
43% Nov
33% Jun
/9%
5%
13
13 >
Feb
9% Jun 14
4% Jun
14
6 % Jun
:
3
Jan
13
101% Feb
104
77
Aug
41%
41
11%
preferred
31% May
Shamrock
4
37% Jan
Sharon
17%
Feb
27%
Jun
22% Jan
4
30% July 26
68
Feb
79
Dec
77
Feb
10
83
May 18
9
Dec
15%
Jan
8% Jun
13
*10
Mar 11
14
Oct
4%
Dec
i
8
13
3
Jan
5
6% July 26
Sheaffer
(W
A)
3%
Dec
36
May
22
34
Dec
44
Jan
29
15
Feb
32% Jun
92%
Feb
18
Feb
-;
100
-
0
4% Jan
1
Co
7
5%
14
127% Jan
21% Jan
-
Jun
' Jun
14
3
23
Dec
*85%
Jun
19
27%
Dec
39 %
Jun
22 % Aug
80
Dec
90
Sep
15% Dec
98
Apr
July
20
Jun
io% ton
Jun
14% Jun 14
Par
25
5%
Smith- (A
5%>
6
6
«
13%
6
V
29%
8%
83% May 21
95% Jan
88% Feb
?l- '
13%
13%
100
35%
34%
35'A
3,900
5%
5%
5%
2,500
5%
*13
.
Wednesday
Aug. 3
$ per
$ per share
Friday'O'-'C-i
Thursday
,?
Aug. 4
/
2% :.f 2%
24^4
.*29%
31 -
2%
2%
2%
2%
*2%
24%
24%
24%
25
*29%
31
20%
21
99%
99%
*19 %
20%
19%
19%
22%
22 %
223A
23y4
23%
y
14%
Feb
*23
96
Nov
104%
Jun
97% July
31
*30
-
15
EXCHANGE
20
CLOSED
—
21
s-
•i
*98
20%
99%
*19%
100%
♦98
♦19%
31
20%
20%
20%
STOCK
*29%
20%
i?
22%
22%
22%
t 22%
23
22%
22%
V
22%
'*24'A
v..
20%
f *30
/
20%
21
100
101
*100
•
243/4
May
3% Jan
3
8%
Oct
7% Jan
45 %
Aug
.17% Jan
7
13
3% Nov
'5% Mar
39
Feb
52
Jun
60
11% Nov
-
'
44
70
Mar
1
3
7
60% Aug
5
\
14% Apr
26
.
.23
„
30%
31
31 %
32% Jun
13
49% Jan
Southern
—No par
37%
373/4
25 % Jun
14^
41
Jan
30 ¥e
Jan
7 .•* Southern Railway common—No par
&8 •'.," 5% non-cum preferred——100
\
Mobile & Ohio, stock fr ctfs—_100
9
30%
61
49%
493/4
*50
60
*59
45% Jun 13
27
66% Feb
Jun
22% Jun 13
Feb
30%
Dec
14
Jan
*
Feb
6% Jun
24
-
7
73
May
24% Jan
;
10% Mar 31
64
Jan
45
13 % Jun
28
71% Apr 28
16% Apr
6
29% Jan
23% Feb
5
29% July 29
100
Jun
91%
Jun
104
Apr 13
17% Apr 25
82
t
17 ya
Nov
86
Feb
109%
Oct
97 %
Feb
121
Oct
54 %
Jan
73
Jun
55
Jun
Jun
109
27% May **
13
v
Aug
21% Jan
Conv $4,50
3
28% Aug
3
122% Aug
Jan
4
137
Jun
13
,
5
Aug
67% Jan
53
36% Jun 14
74% Jan
7
20
26% Jan
7
97% Jun
38
Feb
43% May
41% May
11% Mar
Jun
Jun
96% May
Oct "
12
40
Jun
13
9
100
14
■
'
10
44
38% Jan
15
July 12
35% Jan
13
Feb
97
Dec
36% May
24 % Jan
3
Feb
16% May
9% Jun
17
jun '
94
Jan
Jan
'
b:
-•*
::2
,
-
67
v
:
673/4
67%jiiC
67%
67%
V
♦14 ¥4
15%
14¥4
29¥a
29V4
7
y v
}V;
39%
10,000
30%
31%
51%
¥rH
51%
6,000
400
37%
*
62
*59
*11
iS
37 'a
■
-
5a
11%
/■ "*'3%
200
,
4
■
4
72
;v;,
"
70%
*681/4
24
1,400
600
4 7;
-'4
t'-'xh
'.:'P
M 241H
800
25%
257/s
6,100
7%
25%-
103
103%
103
103
20
19%
88%
88%
26%
26%
20%
8%
23,500
133
133%
.63%
64%
39%
39%
24%
:1Q0
*98%
100
*99%
99%
Spring common—_1
15%
16
15%
16
*41%
42%
42
42
No par
•27%
29
1
♦10%
Steel
103
103
20%
20%
*87,.
83%
83%
6
4%
Starrett Co
<7
Jan
2
Jan
27
'
50
preferred
(The^ L SJ
Sterchl Bros
18
100
convertible
Stores
Inc
Sterling Drug Inc common
3%%
&
*
.88%
-550
28%
32,800
122%
1343/4
134
136
133
137
65%
64%
"
65%
40%
40%
66%
66%
24%
243/4
25
*99%
993/4
993/4
99%
*93%
15%
16%
10
16%
16%
42%'
*41
42%
V
,
•66%
25%
*
231/2 July 26
Studebaker
10
*10%
40%
30
30
11%
11
11%
12%
12¥a
17
173/a
20
13
i
Corp
99 "
..V -15%
.
36% Aug -2
73/4 July 27
Sunbeam
7
8
94% July 20
*98%
99 V
*98%
T
15¥8
223A
223/s
30
'
521/8 Feb 10
July
117
9
;-
21 % Jun
15
'
26% Jun
43
61
Sun
Apr 13
Jan
17
Jun
14
113A Jan
No par
8
173A Jan
13
163A Jun 13
19% Jan
7
36i/4 Feb 14
493/4 July 13
July
120
July
6
7
;
Corp
Class A 4 % %
8
.
Corp
Chemical
35 y4
Sunray Oil Corp
pfd
preferred
series
A_
preferred
Biscuits
series
B
•
-
-
«
\
54%
54%
*118%
119%
93/4 .7 9%
100
41/2%
,
94
No par
.:
Inc
1
-7
15 y4
-25
25
L
.
H8J.U1
"30%
42%
100
31
300
v
30
12%
17
153/4
•-'16
22 ¥s
22
15%
73A
*93%
-
54%
118
734
55
118%
,
'
734
94
V
*54%
*118
99
99
29%
29%
30
4,900
11%
11%
11%
1,600
12%
100
15%
22 «/8
22 ¥8
35%
7 ¥4
17Va
13%
17.%
1*5 7/a
16
:
22¥s
23%
35¥a
•3534
800
75/e
1,700
357/s
7%
94
12%
17%
'i/:.
12%
15%
:
36 %
*94
*
..
7%
-
'
7%
*94
95
55
.
8,306
Hi
55
55
*118
390
55
119
119
93/4
97/a
934
97/s
9¥4
*153/8
153/4
*153/8
1534
*15%
3%
03/4« ;io%
15%
16
400
3,700
26,900
So
*118
551/4
119
99
17 y8
:v;7i
22 %
36%
36%
94
1,100
6,400
•
.13%
^♦167/a
4
•
A
10%
40%
11
*98%
' :/■
11%
157/a
17%
V
10%
40%
..
800
200
9,300
•-
13%;.
•
700
*18%
u
f
I--M
.SW
8.!
•
18%
1814
18y4
18%
185/a
18%
13 ¥3
18% i 18%
2,100
48%
12.50—
„
36%
73/4
7¥s
93 ¥4
common—
414%
Sunshine
35¥8
7;
_1
No par
common
100
9,700
293/4
99
,
11%
13%
12%
*17
16
22%
$4.50 series A preferred
Sun Oil Co common
15% May
For footnotes see page 26.
26,
/I
1
8,200
10%
*29%
41%
29%
:
25%
100
*41
10%
41%
29%
No par
Jan
90
.
10%
40%
10%
prior preference
6-% Feb
Jan
July
30%
10%
41%
29%
'
16% Feb
28% Jun
98% May
70% Nov
5 %
29%
10%
40%
68
12,400
17,700
20,000
'
Stokley-Van Camp Inc common-—1
Stone & Webster
*41
■10%
29%
2
41%
40%
66%
24%
4 29%
♦98%
131/s Aug
17% July 29
1,200
2,800
663/4
40%
:•/
-
5
:
Corp
8,000
27%
10%
15
Stewart-Warner
Stevens (J P)
20%
122%
r
■
28%
27%
66%
■
1
100
preferred
& Co Infc
7
230
•
122
273/4
41%
41 n-
2*5
30% July
14% Jan
300
103
122
40
66Va
24%
•
40%
66%
Standard
II,200
'
63%
Indiana———25
3%% preferred series A.
260
14%
21%
v
64%
134%
64%
671/2
14%
134%
122
133
67%
29%
14%
29%
20%
20%
88
*121
118
103
'
-VV
67
14%
*29
122%
27&
7
*27%
118
7
104
88%
*88
i27
104
20%
•19%
118
No par
No par
67
29'A
24%
17% May 17
-
200
6,500
7 ¥4
143/4
*29
66%
4
120
■
42:
4,300
113/4
25%
67%
15 %oa
39%
3
.
:/
31% 1 31%
62
4
8%
29% '
65%
9Ya Jan
Jan
1,300
,32%
*23%
25%
8
-
14%
24%
12% Feb 25
50% Mar
I,900
33%
323/s
33
*08%
:
72
29%
if
25
151/4 Jan
11%
700
127/a
•„
42
51
37/s
24 •-¥ •'
25
9 Va
TO
Jan
Dec
60 %
.
V
•30%
11%
.i
4 :vy.
4%
,
24"
25
83/4
v
*4
*68.
;
common
Jan
Dec
245/a
:
.3
8 ¥4
4%
72
Jersey—
18% July
29% Jun
Nov
C8
,
33i/a
.
.
32i/a
*59
,
&
15,000
31%"'
30;
..
600
11,300
8 ¥4
42
.
*453/4
12.
*37/8
,24
New
18
18%
25
24
„
Ohio
20
94% Mar
♦37/s
*68
•,.
23%
8%
Inc com—No par
of
Jan
Dec
3%
i
■
.'.*113/4
11%
of
Dec
17%
60
;v
.
of
Dec
~6%
-
60
:
33%
37 ¥»
501/2
60
33¥s
*41 ¥4
303/4
*46
123/g
24,300
60%
..12%
59
31¥b
38%
Oil
11%
91%
200
4%
:
8%
48
12%
31%
50 %
Oil
15
16% Mar
20
v
155/s
'4 %
32%
37%
Standard Oil
24
41% Aug
3
12%
Feb
.V
•
30 Ml
r
Standard
16% Jan 18
Jun -7
23%
9%
;il:.
42
30%
Standard
■
Mar 10
Jun
.
x27
15% May
39% Jun
82% Mar
5oa
■
09
99."
>
'
36% Nov
113%
'
32% '
51%
15%
/f:
8-% /, 8%';••(..
31%
■;
31%
99
(*46
V r'-.i': 58%
•333/4
-a* 32%
,33/4
4%
72
24%
Standard Oil of California—No par
-
42% Mar 14
60% Jun 13
35
15%
<7/
12%
*413/4
42
30¥e
5;
8%
33%
117/B
23 ¥4
.
preferred
preferred
prior
prior
$7
8,
92% Jun
Feb
13 V
4%
60
33¥4
37%
3%
•68
$3.50 preferred
No par
Standard G & E Co $4 pref—No par
$6
5
Feb
11%
33%
*413A
;
12
.♦3%
^_No pat
__5
-
Standard Brands
5
98% Jan
Feb
Oct
*1-2%
;
'
Squibb (E R) & Sons common——1
$4 preferred
No par
89% May 12
.
18% Jan.
preferred.
Squar- D Co
10
09%
•9
.
3%
_
3
36%
23% Nov
85%
*
Jan
29%
:
•11%
.
May
74
May
23% May
104
*59.
$5.5o preferred
Ho par
j Spencer Kellogg & Sons——^.1
Sperry Corp (The)
v
_-l
Spiegel Inc common——
_2
.
29% Mar 30
13
Co_—
Spalding (AG) & Bros Inc—
_1
Sparks-Wlthlngton Co 1
—No par
Spear & Co common
L
1
Jan
5
3% July 19
Pacific
Edjson
,
6% Jan
2i
7%
■
7
California
42
*413/4
_
13% Jart
3% May 23
68
20%
May
10% Jun 20
Jun
200
1,200
>v 1
.
99'.
155/a
*98%
48 'V;-/
t
31 %
Jan
9%
33%
33 %
Southern Natural Gas Co—_7.50
29%
88
12 ¥8
15%
i
*57%
12%
57%
12%
3
8% May
73
Jan
Oct
57%
34
Dec
79%
56%
12%
3
39% Jan 10
,
15%
98%
♦46
48
56%
12 3/a
28 % Jan
Dec
Dec
*46
48
♦46
50
preferred^
—50
Greyhound Lines
;_5
32%
Jun
'
*97%
;
:
800
18,600
iv# 400
»
23%
85%
I
13
8 3/s
32 ¥a
Aug
19%
83/8
323/8
'4
Nov
,—
—
8%
32%
22
95
conv
Southeastern
8%
25
63
15% Feb
21% Aug
preferred
5%%
"
8%
Co com-4.50
E & G
Southern
•
*12%
it 4%'
4
5
59
13%
*■: 98%
5
Jan
9a
V
f
t 1011
23%
85%
*97%
xl5%
;
Aug
July
7%
01% Mar
.5%
46% Jun 13
>
4%
42
'20% May
Dec
South Carolina
5
155/S
98 ¥s
4
32% May
>50% Jun
Feb
8% Aug
15%
98 3/a
4%
5
Feb
4
4% Apr 16
,
15%
98 3A
4
7
33% Feb
:'84%
99
♦12%
15%
29% Jan
,
;.'jr
85 %
*84%
♦97%
1
36% Jan
43%
12%
13%
4
30% July
62% July
73
*12%
;
Feb
Dec
13 %
Jan
20%
65%
•12%
23
-*97%
South Porto Rico.Sugar com_No par
8% preferred.
25
30% July
Feb
85%
99
26% Feb 26
25% Mar
58%
*84%
*97%
Aug
.
'42 %
Dec
85%
98%
South Amer Gold & Platinum—.
53% Mar
40
'
♦84%
•97%
—
Socony Vacuum Oil Co Inc_.»——15
Solvay American Corp 4% pfd—100
100% Jan 24
11% Jun 14
Oct
<16% Jan
36% Mar
38
*
100
preferred
ji_100
Smith & Corona Typewrltefs_No par
4.20%
8
1,800
<
V
,24%
31%
21'/a
.
7
5
17% Jan
V
19%' ;19%
22% '
I
preferred,
T
2%
2%
22%
3%%
Shares
share
24%
♦22%
;
the Week
■
S per
$ per share
share
Bales for
-
Aug. 5
%
2%
10
3
100% Mar 25
3
900
13%
'
91
2,900
V.
i 8%
3%
;
6,600
82
*81 /
82
:r.
24%
Smith (A) & Sons Carpet Co com—2Q
31% Jan 24
3,700
23%
29 3/8
35
>
35%
34%
;
22%
29%
8%
>
60U
3,900
"26
26
26
23%
*80
?
6,500
'
3
29%
.
500
20,300
s
80
25 ¥4
8%'
♦13
353/8
Tuesday;
Aug. 2
7
./
t per share
tper share
-No par
-3
Corp
O)
Aug. 1
,_No par
1,
Skelly' Oil Co
13%
•
34%;
7%
•;
/<
43A
*4%
*771/2
77/a
80
2,100
4,500
v
r
21%
-
.
82
-
8%
13
—5
,^loss-Sheffield Steel & Iron
Jan
*80 :
i.41%
No par
1
Sinclair Oil Corp
'
26
83/8
12%
'
4%
7%
30
Monday
Saturday
.
July 30
Simonds Saw & Steel
16% Jun 20
97
Co
24
4%
18%
4S%
41s/8
123/4
233/4
29%
*13
13 %
35
200
33A
<•41%
*77%
23
9
3,100
50
13%
•*
-
8%
12%
80
257/a
82
10
153/4
453/4
18%
:
i 41%
8%
8
*78
25%
9
1,400
86
,
/
50
46
8%
.
30
*80
-
18%
46
H-
43/4
43/4
!•;
8%
.
15
50
'
•13
1
.
36% Jan
Oct
12%
24%
9%
34%
;
•
82
—15
Silver King Coalition Mines
Simmons
Jan
41%
12'/a
5
:•!
20
170
98%
13
86
15 V4
10
83
LOW AND HIGH SALE PRICES
>
12
27% Jan
18% Jun 14
Jun
25%
t per share
May 31
July 1
2% Jun
7% May
Dec
25
41%
25%
293A
9%
EXCHANGE
Highest
t per share
t per share
8%
23%
293/4
26
24%
293/4
•80,
NEW YORK STOCK
Range Since Jan. 1
Lowest
Highest
I per share
r
STOCKS
V
Year 1948
Lowest
Pen
Shell Union Oil Corp__i
Sheraton Corp of America
>'
183/4
46%
80
:
87Va
20
103%
13
13%
.'
;:
r
15
*94
-
'
♦73/4
8
233/4
No par
13%
*86
•
*49
18%
.
*78
•
25%
I
No par
$3.50 conv pref series A—..No par
(Frank G)
No pat
Range for Previous
,
No par
:
•'Shattuck
39% Jan 21
7% ,Jan
8
80
& Gas
Steel
Corp
J,
Sharp & Dohme common
14% Feb 10
Jun
.
Oil
8
*78
98%
50
/; 50
453/4
*4%
4%
4%
—1
98
15%
12%
73/4
*82%
87%
41%
*45
83
98
18%
113/4
:
*82%
46%
7%
18%
11%
13
11% Apr
51
400
103%
12%
•'
15%
3,000
15,400
57%
95 /
57%
95
97%
127/s
*86
15%
*49
40%
common——;
97%
V*
1C4
83
.
,11%
11%
11%
/
*94
103%
10
81
*103%
94
83
87%
15%
50
94
*103%
30
11,500
10
27% : i'27%
58
13
*86
/;■/
15%
8%
21% Aug
30
87
183/a
24% Jun
46% Jun
12%
12%
12%
•86
443/4
$4.50
27
*57%
97%
*97%
18%
Oct
Feb
97
♦73/4
Servel Inc
11%
ir 27%
56%
94%
104
:. *82
82%
r 44%
.
11%
27%
823/4
5
—
11%
27%
*56%
1,300
;
7
*80%
:
—1
46%
Mar
80%
11%
No par
36% Jun
12
*79%
57
82%
*48%
Feb
28%
79%
27%
94%
100
30
24% Nov
79%
113/a
*103%
100
l
90
6%
56 3/4
95
A—
97
6%
26%
6,200
34%
97
*86
6%
113/«
104
(The) common—5
series
33%
90
33%
6%
57%
97
8%
•97
33%
86
'•
57%
1,400
8%
8%
x6%
27
11%
26%
240
44
79%
*78
79%
*78
9,500
112
*36
.;
2,300
44
*95
34%
100
..
86
-
24%
24%
6%
63/4
63/4
63/4
14%
preferred
,*95
:
900
400
•
112
44
*
Sears Roebuck & Co
—No par
Seeger Refrigerator Co—S
Seiberling Rubber Co———.1
11% Jan
Jun
85
*94%
Seaboard Oil Co of Del
6% Jan
Jun
100
*83
24%
111
34%
34
*95
84
•103%
Seaboard Finance Co
14%
Dec
9% Dec
94
Co
Seagrave Corp
12% July
8% May
Dec
34
98 .1
No par
47% May 5
8% Apr 18
41% Aug
2
.
5% Jan 27
333/4
*80
—No par
19% Mar 18
7
6
8%
♦92
No par
Co common
*43
43
2,900
10%
24%
preferred
5%
10%
1,900
17%
10%
>
47%
10
9%
17%
47 %
1113/4
3.35% preferred
7
9%
93/4
17%
47%
24%
Seaboard Air Line com v t c—No par
11
Jan
9%
9%
17%
47%
;
*111%
•
4
Feb
Mar
15%
35%
if
47,
24%
Scranton Elec
20
Jan
* Feb7
28
17%
47
42 3/4
Scovill Mfg Co 3.65% pfd—„i_100
4.30% preferred——
100
5
17
47%
1113/4
$3.40 preferred
8
30
12%
Jun
Oct
Jun
78
17
243/s
104
94% Jun
12%
12%
13
17
*47
•111%
x96
Apr
123/4
13
13
13
17
3
:—100
10
17
93%
98 3/8
12%
500
42%
*973/4
:
9%
Jun
NOV
41%
98%
3
xl03% July 13
87%
10O
22%
22
42
*97 3/4
47
13
'
*22
21%
*41%
983/a
*973/4
47
No par
non-cum
$4
17,700
16%
42
41%
983/8
17
.1
Jan
13
1,000
37 %
16%
23
42%
*973/4
98 3%
*22
24
42
42
123/4
new
May
July 12
17 %
36%
16%
*22V4
95
July 29
17%
36%
23 %
41%
♦973/4
Nov
Jan
,'17%
*16'.
•22%
20
100
Scott Paper
*
16%
2,700
58
90
37%
36%
5,500 •
30% Jan 12
■i
16%
4%
12% Jan
88
17%
36%
17%
*16
980
106%
33/8
6
^
16%
500
95
94%
106
.
8%
14
7
17%
37%
94%
50
48%
*47
48%
94%
*106%! 10C 3/a
4%
14
5
*17
17%
*16
17'A
37
*46 3/4
106%
8%
9% Jun
7
May
3,200
4%
46% Jan
87
8
38%
8%
22% Jun
•
Feb
9% Jan
1
July
1.000
38%
♦4%
15% Aug
8%
77
53/4
33%
38
.
94 3A
*94
106%
1063/4
1063/4
/
49%
*47%
94%
*94
38%
38%
4/8
51
91% May
60
5V«
;
8%
35% May
6% Jun
13% May
Feb
99%
5%
8
39% Mar
Feb
99%
5%
4
Joseph
5%
19% /;W
99%
8%
25% Mar
8
79
,
19%.
*93%
19%
'i:.y•'
53/8
4%
St Louis Southwestern Ry
: Jan 19
19 %
1,600
8%
(The)
Preferred
v
25
Jan
13,400
"
Co—100
preferred——100
St Regis Paper Co common
5
1st pfd 4.40% series A—
100
Savage Arms C<?rp—1
.,.5
Schenley Industries Inc
1.75
Jun
'
19%
100
40
43A
43/3
43/3
25
preferred
Lead Co
St L-San F Ry Co com
42% Jan 26
4%
:
4
5%
St
4%
100
1,600
V
4
Safeway Stores common
16% Jan
109% Apr
93
8 3/a
Ruppert (Jacob)
Jan
Jun
93
,
8%
common
12% Mar 12
3
8% Jan
93
,
1003'4
4
Royal Typewriter
8
55% Jan
39% Apr 25
May
Jan
*92
10,400
13
93
k-
:
com—1
Controls
preferred series A
Ronson Art Metal Wks Inc
3
13
37
17%
36%
•16
-No par
preferred
conv
*99
13%
*5%
49
*47%
"a.
95%
106 3/4
106%
1
4%
May 17
Jun
21%
Dec
107%
13
Jun
16
27% May
Mar
17
4%%
100%
13
19%
;
38%
38%.
47%
47%
Antelope Copper Mines
Rohm & Haas Co
98% May 17
96% Apr 21
*99%
13
*99%
5%
5%
•
•
100
*99%
..
;
-38%
♦94
No par
1
*
x3% Jun
7% May
July
4%
6%
5%
38%
100
Rheem Manufacturing Co
Richfield Oil Corp
13
99
'
.100
series
3,60%
19%
4%
19%
19%
100%
5%
10
Common
Preferred
38% May
3
J)
(R
1
5
Aug
107
4
102% Jan
Dec
17
Reynolds
47% Aug
19%
19%
——1
Tob class B——10
20
19%
193/4
4%
•99%
CLOSED
5%% convertible preferred——100
95
4%
Shares
$ per share
f-
20
*92
4 3/a
the Week
,
^
123/4
V
93
*92
4%
EXCHANGE
Reynolds Spring Co—
38% July 20
,
133/a
92
Aug. 5
t
$ per share
99
983A
13%
13%
V.
Sales fer
Friday
Aug. 4
v
193/4
20
*97
13%
No par
com
99
-
Thursday
,
far share
$
3harc
19%
91
8TOCK
100
2.50
preferred
Rex all
20
Feb 25
43
103%
5%%
20
*963/4
Revere Copper & Brass com_No par
5% Apr 18
4% Jun 14
99
11% May
41% Jan
193/4
Aug. 3
Aug. 2
S per
•' •!
'
Wednesday
Tuesday
$ per share
8 per share
Par
PRICES
HIGH SALE
LOW AND
?
Republic Steel Corp com
No par
y
6% conv prior pfd series A—100
Jan 31
110
187/b Jun 28
104% Jan
Dec
5%
Monday
Aug. 1
July 30
•
7
Aug
91
Apr
Mar
92
27% Jan
13
111% July
Jan
t per share
f per share
share
Jun
33%
Feb
Saturday
STOCK
YORK
EXCHANGE
Lowest
Highest
$ per
NEW
Range Since Jan. 1
Highest
Year 1948
I per share
RECORD
STOCKS
Ruf* for PwtIwi
Lowest
STOCK
YORK
Monday, August 8, 1949
....
.
48%
48
48V4
48%
48%
48%
48 %
48 y»
1,700
'
•
-
I'-M
-
■
■
T
.......
...
„
48:A
Volume 170
Number 4827
THE
COMMERCIAL
NEW
Range for Previous
Year 1948
Lowest
•
t per share
9
Mar
Dec
f
7% Mar 25
Jun
44%
YORK
Al-.-,
J;
127
Jun
10% Apr
15
" ■'■ v
:
t
30% Jun
17
14
Jan
11
Par
;
Sunshine Mining Co
Superior Oil of California
14% Jan
;
9% July 11
Jun
12
Superior Steel
168
.36
Sutherland
Jan<7
*9
142
10
Jan
7 % Feb
25
9% Apr
26
Sweets Co of America (The)__4.16%
36%
Jan
27% Jun
14
321% Jan
25
Swift
8%
Dec
: 17'/8
79
A'Jan
Jun
Dec
91
1
4% Mar
9% Mar
7
89
77% July 13
3% Jun 14
Mar
Swift
2
5% Jan
International
$4
7
preferred—
Symington
Corp
29
67
Jun
48% Jun
13
Co
11'/4 Jun
14
56% Aug
17% Jan
Texas
25 J/2 May
71 'A July
Texas
56
Jun
14
65% Mar 11
Texas
Gulf Producing Co
Gulf Sulphur
16% Jun
14
23% Jan
Texas
Pacific Coal & Oil
Texas
Pacific
33% Feb
7
48% May
65% May
36
Jun
16
8
Jun
13
45%
Dec
10%
Dec
20% May
Xl43%
Dec
24
5%
Dec
14 J/8
46'/4
Jan
Apr
Dec
Dec
6 J/2
3
Texas
7
Textron
15% Jan
22
7% Aug
32'/4 Aug
19
23
17
35
Mar
Dec
13 %
Apr
1% Jun
Jun
14% Jun
7
Jan
7%r July 27
34% Jun 15
Oct
lO'/a
39%
Feb
59 J/2 May
Feb
95%
Jun
1% Mar
4J/4
Jan
19% Mar
31J/4
Nov
32'%
Jun
19% Jun
9
Feb
95 J/2
Jan
104%
July
23% May
102%
May
3
$3.75
1
55
43% Mar 30
Timken
10
Dec
13 J%
Jan
10
Jan
19
12
Transamerica
Nov
22% Mar
10
Jan
-4
23%
11% Jun
13
15% July 27
lb% Feb
4
9%
15'A
Nov
5 J/4
Feb
96
Nov
Apr
61/4 Feb 11
98% Feb
Dec
Jan
36%
13
13
*98% Jan
8% May
32% Jan
4% Jan
24
Jun
141/4
Jan
3
3i%
100
16%
16 3%
1,700
55
55%
55%
55%
55%
56
551%
55%
55%
£6%
17,900
2,400
14%
14%
14%
14'/a
14%
14%
141%
14%
143%
65
65
65 %
65
65%
64%
€5
64a%
65'%
5,900
18 J/4.
18
181/4
18%
18%
181%
38i%
13'%
13%
6,000
39%
..
.
401/4
40%
4ov4
40
40%
40
40
40
38%
38%
39%
40
40%
41
9%
9 J/4
9y8
9%
9%
93%
03/s
14%
14%
14%
14%
14%
141%
*14%
14%
14%
v" 7
7Va
71/4
321/4
*31%
32
x31%
32
13%
12%
12%
*12%
131/a
*12%
131/B
*12%
131/a1
100
51/8
5y8
Si/a
*51/0
51%
1,100
♦38'/a
39
5%
"3
,
-
5 /:/•
Vr.<5
*38 Va
*38
3%
17%
7%
5
39%
*3
3%,
*17%
*16%
7
*3
,
17%
6%
39
•
7%
*38
3%
3%
25/s
171/8
17%
*7%
8
39
39%
>39%
92
*7%
90
8%
73%
73%
39
*90%
*7%
3%
.*30%
31%
com__._10
39%
*90
3%
*30% -31%
-
''391/4
.
90%
3%
i
8
\
3%
100
39
39%
91%
90
90
*3%
30
300
8
39%
3%
29%
2,200
4
173/a
*7%
* 90
:
260
39
3%
*17
39
91%
5,700 r
32i%
*33 Ve
17%
*17 Ve
7'%
7y8
32
39
-
•
:
30
60
:*3]%
3%
COO i
*30'%
3%
30
2,000
21'%
500'.
22%
22%
22%
22'%
22%
No par
104%
104%
104%
"104%
104%
1043%
1043%
1043%
1043%
7,200
340
5
16%
16%
16%
16%
16%
16%
163%
16%
16'%
16%
4,300
Bearing
41
41
39%
40
40
22
No par
22%
105
22%
41%
40%
10%
10%
10%/
15%
151/8
15%
13
12%
•12%
*121/4
29
10%
15%,
12%
Corp
Corp
preferred—
common..
1
*12%
v.vkfc
No par
Coal Co
_5
;
Century Fox Film com__No
conv
preferred
JSto
prior preferred
y./
10%
No par
Co—
11
27
27
—1
6%
T...
*26%
2,000
151/8
4,500 1
*12%
123%
73/8
12%
12%
734
7%
17,500
1013%
11%
*101'%
101%
220
11%
3,100
5,400
7%
♦101'%
11%
y
liy4
22%
35%
*353%
100%
*100%
1001/2
*6%-
6%
27 y4
5%
10%
1474
7%
11 i
101
6%
6%
.
10%
15%
15
35%-:;
y
22
7
26'/a
26%
11%
22y8
600'
22%
22
361%
v.:
37
*35%
300
101
27
101
101
200
7
7
■/' 5
4%
-5
1,900
103%
/
■;
22
22%
.37
*100%
101
*1001/2
11
22%
*357/8
39%
.*:■> 10%
101%
101%
101%
11
22%
36%,
7%,
7%
101
;v
21%
; %
7%
■
101%
35%
par
par
7%;
7 J/4
100%
City Rap Transit com__No par
5% conv prior; preferred— ..50
Twin Coach
500
143%
*31%
40%
•
7
2,200
7%
No par
...No par
600
954
*12%
5%
V,
.100
com
2,600
43
■
31%
No par
com
41
40%
*41
31%
Twin
29% Mar 14
100
181%
10%
20th
10%
14%
15%
$6
*10%
11
64
41%
$4.50
6% Jan
3'%
16 5%
9%
$1.50
20
3%
16%
10%
1
4% Jun 13
*3%
*10%
; 15%
101% May 31
7% Mar 14
13.
Roller
Truax-Traer
241/4 May 16
36 '/a Aug
Dec
5%
15% Jan
3
3%
11
—2
/
33
1,200
16%
—15
Tri-Continental
13
6
Jun
Dec
Jun
19% Jan
Jun
4%
24
103
7,400
4i%
161/2
Transcont'l & Western Air lnc_—5
Transue & Williams Steel
No par
9
32% Jan
Jan
100%
Mar
173/a
81
41/8,.
♦3%
,
91/8
Timken-Detroit Axle__.
7% Mar 30
10
9% Jun
19J/2 Aug
25% Mar
17% July
31%
37% Jun :t" 1
10% May
1071% July
12J/4 Mar
92
May
10
171/a
81
41/4
♦10%
Corp_No par
__1
(The)
Co
preferred
Dec
Jan
17%
80y2
4i%
3%
_No par
Tide Water Associated Oil
Mar
19
17%
80 Vi
4'/4
.
10%
'
♦38 Vs
4%
17
13
10%
17%
80
4%
2,500
161/4
Transit
Steel
preferred
Thompson-Starrett Co
$3.50 preference
21
105%Jun
Avenue
40
13% Jun
V
100
97/8
954
161/4
_50
1 Third
July 13
11
17%
♦79
\
4%
93/4
300
3,700
■
♦3%
preferred
conv
Thompson (J R)
Thompson Products
25% Jan
17%
79
4%
*S%
30%
30
3%
.__1
Thomas
«
9%
:;o
15%
common
8
2
♦9%
^
29%
■'-1
700
8
15%
No par
Co
0
3% July 14
33
1
14
preference
9
901/2 Aug
29%
8
♦3'/4
No par
Fair
Thermoid
7
29%
17%
50c
;
preferred
Mar
45% Jan
8%
79
100
common
conv
$2.50
*73%
9%
—1
Jan5
71/2 Jan
20
;
84% Apr 14
21/4 May 23
23% May 19
19'/a
The
19
x39% July 18
20
24
7%
!• 85
6% Jan
8%
»•
Land Trust—
conv
$2.40
5
*7%
9%
_10
ctfs>
Inc
$1.25
8J/2
9%
Thatcher Glass Mfg Co common. ...5
4
13 J/4 Mar 16
2
Apr
•
a
31%
5
Pacific Ry Co.
&
31%
—5
Corp
Corp
share
Jan
4% Jun
10% May
47i/a Jan
19
46
Sub
II1/4 Jan
25% Apr
12% Jun
15 J/2 May
51/4
34%
,
4% Mar 21
Jan
Dec
12%
Apr 25
131/4 July 12
May
25 J/4
48
31%
.25
Telautograph
7
*313/8
29%
._10
Oct
(James)—
2,500
300
31'/4
29J/4
.No par
25
Talcott Inc
91/4
150
311/4
29%
♦IO1/4
Tennessee
10% Aug
fe"
Shares
9%
2 9'/a
V
9%
*140
95%
CLOSED
4 '/a
9%
150
£'%
♦7%
18
9
*140
311/4
♦31
80
9
,1145
.
9%
8%
17%
the Week
9%
93/4>
*7%
♦79
Sales
$ per share
9%
EXCHANGE
.—9
4% Jan
17 % Jan
14
9
145
9%
31%
4'%
6
Feb
share
per
'
9 1A
141J/2
9%
,
141%
Q
91/4
1
14
Feb
Friday
Aug. 5
Aug. 4
$
$ per share
31%
No par
Gould
2% Jun
Nov
Thursday
Aug. 3
$ per share
STOCK
No par
com
9% Jun
'
Wednesday
Aug. 2
142
9%
Ltd
Sylvania Elec Prod Inc
13% Jun
19
„
21
19% May
47
,
Feb
24% Jan
t.
>25
Nov
15%
;
12
5
Co
Nov
52
.
14
&
11% May
5% Jun
3% Dec
147/e Mar
_
8% Jun
171/a Aug
:
Aug
7% May
'
1
91/2
16%
Dec
26
$ per share
25
"28'%
Feb
$ per share
50
Paper. Co_
25
HIGH SALE PRICES
AND
Tuesday
Aug. 1
10c
Corp
Nov
:22
LOW
Monday
July 30
t
(509)
RECORD
Saturday
8%
j
STOCK
CHRONICLE
"/
STOCK
EXCHANGE
t per share
•
FINANCIAL
•
Jun
197/a
<
NEW
Highest
per share
11% Mar
235
Dec
31
Lowest
^
$ per share
Dec
140
al3%
Range Since Jan. 1
Highest
'
YORK
STOCKS
&
7
7
2,800
27%
27'%
273/a
?v 4%
4%
43%
43%
2,400 '
8 5/8
1,100
200
U
9%
Dec
12
Jan
Dec
59 %
Jun
9% Mar
16 ya
Jun
39
27%
Feb
37J/a
Nov
Oct
110
91
Feb
98
80
Nov
21J/a
Feb
79%
Nov
'45%
Sep
31%
•
Udylite Corp
Underwood
Jan
12
17
Asbestos
13
Preferred
$3.70
series
No par
86% Jan
7
94
5
Preferred
$3.50
series
—No par
—25
93%
29%
3tf ■*:
Union Pacific RR Co com——.50
79%
80
—50
49%
49%
No par
34
34■
7
Un El Co Of Mo
25 J/8 Jun
13
Aug
31% Apr
14
89% Jan 21
16
51% Feb
15
Mar 28
36% Jan
5
31
;
Union
5
Oil
4%
California
of
4 per share
Car Co.
104J/4 Jun
13
90 J/2 Mar
19
Jan
231/4
61% Jan
Dec
2'A
4%
Jan
4% Jun
28
7% Jan
12
13
38% Jan
18
United
3
2% Jun
13
40 'A Jun
13
Jan
21/4 Jan
3% Jun
May
31/2 Apr
4
3
Apr
28'/2
Jun
14'/8 Aug
2
22% Jan
371/2
Jan
46%
Jun
34% Jun
22
x44%Jun
58% May
Dec
23
11%
Dec
22
65
May
July
7
18 J/8 Feb
21% May
19
163%
Feb
89
Feb
15%
Feb
92%
Feb
,166%
Nov,
101
8
Electric
20
11
24
7
100
Mar
•
12% Jun
8
20
13
104% Jan
175
Jan
10
183% May 12
6% Jun
6
Jan
May
">t-
43:
May 25
17% Apr 28
•
•
8% Jan
57
Jan
24
15J/2 Jun
11%
Sep
21'%
Jan
11% Jan
3
73%
Dec
99% May
'IV* Jan
19
8% Apr
Jun
13
49J/2 Jan
28
52% Jan
12
60
86
37 7%
53'% July
July
38
<
373% May
19% May
Dec
121
94
May
82
Dec
49 5% May
33
Dec
137%
Jan
*4%
13
13
3
29
5
33%
32%
2%
2%
*42%
431/4
10o
1
:
3%
'
'
47
•
.
Certificates
of
interest
1—_—1
*19%
23
97
Freight Co
No par
U S Gypsum Co common
20
1% preferred..... ——100
*13
37i%
Nov
58%
Dec
72
Jun
21% July 14
5'/4 Jan 14
21
Jan
$4.50
1st preferred
U S
U
S
Macltnery
preferred—
14%
14%
145/8
14%
,
46% Apr 18
72.
26
4
21% May 19
3
43% Feb
4% Feb
24
123% May
98% Jun
8% Jun
14
Dec
6'%
!
Jun
34
Jan
80
Apr 29
2% Jun
21
Feb
16
5% Apr 28
10 J/2 Mar 30
87
29
25
Aug
•
5
Jan.
4
8
8
Mar 29
16
Feb
12% Jun
14
4
Mar
103/8
Jun
3% Feb
25
7% July 28
19
Feb
23%
Jun
19% Jan
17
23% July 11
150
20
Feb
Jun
170
42
156
Dec
15% May
7
Dec
7y4
May
70
fit'
14%
Feb
9%
Dec
>
21%
Feb
For
May
27%
1
Oct
15% May
26% May
footnotes
see
no»»
Mar
5
Feb
10
43% Jan
3
17
Jun
28
8% July 26
20% Jun
14
17% Jan
170
Jun
7
14
10% May 18
56
*37i%
37%
433/a
48%
49i%
43%
493%
8,700
177%
18
17%
1?
17%
is y8
35,400
211,4
213%
it:v 211%
21%
21%
12i%
21%
12%
12%
*20i%
;
21%
*203%
21%
*20'%
•:
12%
y
213%
215/8
22
123%
21%
*20 Vf
1,900
12%
*22%
500
21%
10,400
24
96'%
13%
133/8
*133/8
14
*13%
14
14
14
600
991/4
99
993/4
993/4
800
S
Industrial Chemicals
Leather
Co
*44
No par
S
No par
Partic &
U
S
Lines
4J/2%
common
class A
conv
Co
182
*180
7% •.
*71/8
5
—100
U
U
i;,
'
7,200
Rubber
Co
20% '
*45 •'
20%
*20%
4
*18
July 29
Steel
Corp
preferred
U S Tobacco
1%
Co
18 '/a
46'%
15%
151%
15%
7%
*7%
7%
433%
43%
43%
433/4
59
59
59'%
60
23%
231/a
23'%
233%
1
50
100
com
preferred
Corp of America
Co
Inc
900
100
13
43;
*85
;
,
!
*85
<
34%
34%
No par
33%
;
231/8
116%
1313/4
403/4
69%
*69 "
23%
23s/8
x22%
23
131 %'131%
20%
>20%
43 %
/
43/4
10
;
*81%
,
1313/4
132
20y2
'
43'/a
-
*43
4%
40
10
10
40%
■
,
*81%
85
3%
3%
23%
23%
*22%
*14
v
16
200
3,800'
2,800
700
1,600
90
*87
33% -33%
'
3374
343%
11672
116%
1171%
•760)
40%
l,900t
9,100
203%
43%
•
69%
40
40%
*697-2
69%
100
20%
*43
22%
22%
.72
23'%
60,800
132'%
22%
132
132'%
132'%
2,000
203%
20%
.
700
203%
20
43%
*43
5
4%
474
5
5
l,20o
10
10
9%
93%
83%
9%
9%
1,100
•82
.33/4
( 85
3 s/a
.
40%
5
;
85-
•
33%
*22%
83%
354
24
*23
143%
r
*1374
33%
431%
87
87
20o
'
3%
24
14%
33/4
*23
*13%
7,300
24
100
>
*14
7
73£
23
■
'203%
-
24,
69%
♦43
•
4%
10
3%
:
20%
431/2
4%
90
■116
*19
*18'%
'
'*68%
233/8
1313/8
*87
33%
115y2
II51/2- 116'/a
-
90
•
40%
69%
*68 '
r
.
'
23%
'
15
*
£25/8
7%
22%
*133%
■
7y8
'
7%
223%
223%
"
7%
22%
22%
7
14%
67a
10,100
7'%
22
700
22%
•
*164
1
100
40%
*87
>•
60
23'/4
90
33%''
i
433/4
*581/2
233/8 ' 23%
117'A
*40
'-;"v
60
18%
43»/4
431/4 / 43%
--*59
90
33
116'/b
25
!
200
,.
4
15%
*18
8%
.
55,.
18
2.50
83%
10
»223%
*165
165%
8%
8%
55%
*54%
18
'
,i8'%
^:,*s%
"8%
23
::
;;23
166
9
553/4
18%
9
23
"165
166
•
8%
*54%
18
8%
23
*165
166
1C6
*105
8%
-
83%
83%
8%
83%
4,000
553%
*541%
£5%
*54%
553%
30
18'%
♦13
87%
23
*8%
23
181%
18
•
9
"22%
•
18'%
•>
23
1,600
,v;
?%.,.;cj
83%
23
1
10
800
21'%
4
*71/2
No par
com
Tobacco
Co
46
2174
.
18
50
...
Universal Pictures Co Inc
Norman
y
4
7%
No par
100
common
preferred
Raalte
:
21
*374
15%
71/8
Van
46
21
4
*3%
*7%
*221/4
Van
27
46
20%
20%
4
153/4
1
Vanadium
Jan
v
21%
*3%
■*.:>
7%
1
Leaf
24
t
7%
7%
18i/»
5o
com
preferred
25% Apr 25
11% May 13
180 y4
15%
com.No par
4%%
162
7%
18 %
Universal-Cyclops Steel Corp
8%
*
*7%
46
15%
Universal Laboratories Inc
Universal
182
7%
*45
*7»/2
10
preferred
Stockyards Corp
conv
*180
7%
7%
-46
7%
United Stores $4.20 non-c 2d pfd—5
$6
conv
preferred
No par
United Wall Paper Inc common
2
'••'/? 4%
180
40
102
15%
100
non-cum
United
*100
*71/2
100
preferred
Smelting Ref & Min
7%
preferred
S
102
15%
1
common
1st
non-cum
7%
*100
1
U S
U
101
180
.
10
Pipe & Foundry Co
Playing Card Co
Plywood Corp common
3%% pfd series A
S
100
182
*7%
46
-
■*3%
No par
common
preferred
8
8%
Mar 17
24% May 14
140% Jan
38% Jan
Dec
.
12%
37%
49'%
V.,
37%
96
1
6% May
27%
350
2,700
38
23'%
881/2 Feb
19%
22
2,100
\i
'
97%
59%
42% May
.
6 3%
6'%
23
,,
;:'
23 Ve
Feb
Dec
*37i%
6
22
231%
Nov
Dec
99,300
14% /
6
2274
423%
4% Mar
8%
4
3%
141%
6'/8
*961%
*581/4'
17%
85%
4
100
*20%
10
26
18% Jan
374
500
43
43
97%
20
37
Jan,
43
13i/r^
*180
com
U
21
8
43
23%
U S
Jan
13
*
3,100
23
U
Jan
13
43
3,300
-
97%
U S
43
64% Jan
2%
233/8
5
133
129% Jun
323%
2%
971/2
8
13
Jun
33 7%
*31 Va
2%
23%
Aug
13
Apr
140%
*33'%
32
23%
*963/4
25% Mar
112% Jun
20V4 Jun
129% Mar
335/8
32
900
"
Hoffman
4%%
21
16% May 18
Apr
Jun
36% Jun 28
33%.
14%
*19%
97
i
43%
52
12%
21
23%
No par
w
U S & Foreign Securities—No par
45/8
3374
274
'
50
43%
50
*19%
*
43%
2,400
103
48%
213/4
12%
21
300
24'%
233%
103
48
21%
19%
4,400
77
*74%
24%
103%
47%'
21%*
•12%
4,600
13%
6'%
17%
213/4
1
211%
107%
131/8
77
for
Shares
'
23%
*103
3%
493/8
1
20%
•106
13%
471%
173/4
Inc
21%
*74%
Sales
the Week
32
*42 3%
.
Friday
Aug. 5
$ per share
107%
13%
4%
2 3%
/
21%
77
*311/2
3%
491%
Mfrs
600
6%
17%
&
51'%
34
47%
49% ;
Merch
2,200
51
34
5%
17%
.
2,300
503%
*106
103%
33 74
49%.
No par
5,300
81%
34
Thursday
Aug. 4
233%
233/a
*103
431/4
;
63%
£.
34
Fruit
Co—
190
301/8
80%
$ per share
13%
313/4
23/4
33/4
6
6
47
50%
98
94
30%
8.1 %
*33%
22
474
*42%'.
3%
1
33%;
31%
...
106%
5
Engineering & Folindry..__5
Cos
50%
44
111%
*93%
933%
30
:> 81%
34
38%
♦111
111%
98
*93%
30%
81
*74%
.23/4
■
'
93%
21%
*1051%
76
23%
103%
*4%
::
3874
-
*931/2
13»/2
«
38
18
3% Jun
76
23%
*103
38
27
Jan
85%. Jan
58
23,600
38%
*111
98
8%
*43%
■
•
17% Jan
28
75
38
United
5
36
.
395/a
391/a
$ per share
135/s
•
14%*
May 17
Dec
Jan
4,500
Aug. 3
14%
23% Apr, 18
Aug
13%
.23%
331/4
United Paramount Theatres wi
13
Dec
Feb
223%
Wednesday
share
213/4
213/4
♦105% 106%
103%
——10
United Gas Improvement Co—13 %
July 26
24 J/2 Apr
Dec
Dec
22%
83%
■Aim
HIGH SALE PRICES
37%
16
13
4%
49
74
*31%
common
AND
5
Coal
21% Apr
6
19 y4
39%
227/o
50%
461/2
14 Ve
24
173%
22%
6O0:
1,300
223%
33%
Tuesday
23
—100
United
x89% Jun
423%
12'A
29%
50
$ per
*103
CLOSED
United Gas Corp....:
Jun
Jun
12i%
111%
/;/V Aug. 2
..No par
5
Jun
17 Va
121/4
81
'
United
20
179
76
STOCK
EXCHANGE
com—30c
preferred
United
;.
1133%
Dec
121%
23
93%
;(/.y 34%
Aug. 1
Corp—No par
Stores
7
Jun
94
24!% May
..
—No par
—No par
Corp
10
81
50
*34
13%
•
Jun
Dec
54%
1%
30%
f 80%
'
■
22%
Co
18'/a Aug
18% Feb
32% May
-
Jan
30
'
*
106%
Fastener
54% Mar
.7
9% Mar 23
19% Jun
Carbon
Cig-Whelan
6
'
16
y
85/a
*42%
12%
*93
93%
$ per share
-
,
$ per share
13%
100
United Corp (The)—
United Dyewood Corp
391/4 Jan
183%
8%
44^%
-
♦111
98
933/4
Monday
•
21%
Carton
&
*93
%"'■'
*105%
$3.50 convertible preferred
Aug
82'%
Feb
8%
383/4
*110% 111%
93%^
o
preferred
Board
Unite
Inc
preferred
United-Carr
6
6% Aug
24
Dec
Jun
$4.50
45% Apr
Feb
45
4 %%
2
33% Mar 17
.•
16%
48.
111%'
98 ;Vv.-.
100
common
preferred.
Lines
Air
United
29% Jan
i
39'A
*
common—10
Corp
United Biscuit of Amcr
4
60
-
convertible
10
29% Jun
9
Aircraft
5%
United
76
Aug
24% Aug
3% May
Feb
United
Mar 24
104% Jun
Dec
Saturday
July 30
fPar
14% Mar 29
3
July
55
.»
109
16
5i% July
Feb
■*;£':
27
191/2 Feb
103
41
*94
•
LOW
STOCK
EXCHANGE
Jun
Oct
YORK
•
26% Mar 30
14
10 J/4 Jun
NEW
?
$ per share
20% July 15
Jun
36
387/b
*110 7/b
par
STOCKS
Apr
38'/2
preferred
non-cum
Union Tank
Range Since Jan. 1 V
Lowest
Highest
Nov
Feb
pfd $4.50 ser__No
*
731/4 Jun
48 A Apr
30% May
Nov
391/a
4
Jan
19'A
2%
38%
Jan
Apr
110%
29
221/4
94
57%
■->
22'A
''
'
42
Nov
Feb
22'A
111
Nov
27%
22'A
6
9%
,15 y4
22
Union Bag & Paper Corp——No par
Union Carbide & Carbon
No par
13
103'A
Dec
12
1
43%
121/4
Co
*
Jan
6 J/4
441/4
12
7
Rubber
Jan
per share
"
-8%
44 y4
12%
31% Jan
&
Jan
Highest
Dec
85/8
44i/4
121/4
Union
94
Year 1948
22 'A
8%
441/4
•
y/''
'
?' 8%
5
1
6
Range for Previous
Lowest
i
—No par
Corp
12% Apr.
„
33% Jun 13
38% July
961/4 July
S per share
i
(The).
107-
Jun
51% July
41% Jun
Jan
8
19% Jun
."Jun.
90
10% Mar 17
46
v
10% Feb
39% May
431/4 Nov
103
C
8% Jun 14
39% Jun 17
400
.
600
'
26
COMMERCIAL
THE
(510)
FINANCIAL
fy
Year 194*
Range
I per
y>"
J per share
share
Aug. 1
Par
f per share
I p" *hare
12 % July
15% May
10
Feb
16
13% Jan
6
$ per share
$ per share
Vertlentes-Camaguey Sugar Co__6%
Jan
20
Jan
3
23% Aug
3
Vick
29%
19%
Dec
85%
Dec
94
May
85% Mar
5
86
Feb
95
Jun
85% Jan
5
32%
Dec
48%
85
Oct
96%
5%
1
26
38% Jan
33% Jun
17
Apr
91
Jan
7
97
Aug
2
5
Jun
6
11% Jan
21
82% Jun
17
15% Jan
3
18% May
14% Nov
Jan
23
Jun
6%
21
Feb
Dec
Dec
38% May
27
July 18
32% Jan
12
29%
Not
34% May
29% Jujy 27
33 V2 Apr
o
24%
Dec
39%
Apr
25% Jun
25%
Dec
32%
Jan
23% Mar
29
Apr
32%
Jan
30
66
Jan
46
Jun
8
Jan
12
Jun
30
Mar
31
14
Virginian Ry Co common
6%
preferred
Visklng Corp (The)
Vulcan Detlnning Co common
9
30% Apr 30
5
1%
Apr 26
32
Mar 15
CLOSED
11 Va
11%
1,800
23%
22%
2,100
86%
*84
86%
*84
23
86%
88
*86
88
*86
88
*36%
37
*96
98
86%
*84
88
*86
*84
*86
36%
36%
97
97
97
6%
*92%
17
115%
*115%
*27%
28%
*27%
28%
30%
30 Ye
*29%
30 %
28
28%
*32
34
*45
46%
*45
17 y«
8,900
17%
115%
28%
19
27%
30%
28
7c0
30%
23%
30%
200
116
*17
28
30%
500
28
28
*27%
27
27
27%
27%
34
*32
34
32
32
46
*45
47 y8
47%
*27%
*27 %
28
*27
27%
34
*32
600
17%
30%
28
*30%
10
92%
92%
'19
*17
2,500
•
'. 1,400
115%
115%
19
28
27%
92%
17
17
115%
37
.4 98
6%
6%
6%
92%
27%
*27 %
*27
36%
*96
*6%
6%
*17
19
19
«
96
16%
17
115%
*17
-v
6%
*92
*17
*27
,,
*96
94
16%
115
16%
115
37
98
37
6%
6%
92%
6%
20
preferred
11%
86%
92
100
10
._100
25
25
25
5
20
partlc preferred
$5
23% July 14
15%
div
Elec & Pwr Co com
preferred
Va Iron Coal & Coke 4% pfd
Virginia
14
28%
100
preferred
11
*23
37
Va-Carolina Chemical com—No par
17% May 16
118
3
14% Jan
Jan
118
113% Jun 29
Jun
117%
'
3%%
11%
23%
88
95 %
share
11%
*86
*
S per
$ per share
share
Week
Shares
23%
*36%
STOCK
EXCHANGE
the
for
galea
23
23
23
Friday
Aug. 5
4/: ■'//'■
11
11
*84
Pacific Ry com_100
preferred
100
non-cum
Victor Chemical Works common—5
Jun
124% July
Feb
93
Feb
22%
2.50
Co
Vlcks Shreve &
Feb 10
90
14% July
7% Mar
109
89
v
Chemical
$ per
share
$ per
11
11
Aug.
Aug. 3
Aug. 2
July 30
Thursday
Wednesday
Tuesday
Monday
Saturday
STOCK
YORK
EXCHANGE
Highest
Leweet
Highest
NEW
Since Jan. 1
FKICES
LOW AND HIGH KALE
STOCKS
lu|« for Frerlou
Monday, August 8, 1949
CHRONICLE
RECORD
STOCK
YORK
NEW
Lowest
&
*32
46
_40
40
W
57% Aug
12%
28
15%
Deo
Dec
100%
x83% Mar
9% not
:
Not
1
8
4%
Walworth
7
15% Jan
21
14
94 % Feb
3
4
Warner
Co
5%%
12% May
13%
13%
13%
13%
13%
13%
1.300
30
30
*29%
30
*29%
29%
29%
30
1,300
104
*103
104
►103%
104
*103%
103 %
103%
104
24%
No par
9% Jan
14
3
200
13%
30
*103
100
No par
29
9% Jan
No par
preferred
47%
13%
23%
100
No par
Walker (Hiram) G & W
Jun
May
32
Aug
Jan
25% July 27
6% Jun
xl2
Jun
14
30
105
x87 % Jun
16% July
101
13
21%Jun
13% May
8% Feb
10% Mar
9
May 19
1
101
Aug
27% May
preferred
Wabash
Waldorf System
Walgreen Co common
25% Jun
Jun
35%
105
Apr
*18% Mar
4%%
RR
60% Jan 28
14% Apr
Ward Baking Co common
Pictures
7%
*13%
13%
91%
91%
10%
10%
11
20%
20%
*20 Va
17%
10%
20%
13 Va
22
25% Feb
14
Jun
14
22% Jan
Warren Foundry & Pipe
Petroleum Corp
No par
34% May
3
16%
16%
16%
23% Jun
27
25
Jan
11
Washington
No par
23%
*23%
Jan
27 % Aug
23%
20%
12%
Dec
20%
May
11% Jun
14
14
Jan
24
Waukesha
16%
Sep
16% Feb
10
18
30% Jan
6% May
11% Apr
21
Dec
3
xi9%J»n
13
% Aug
26
Sep
34
v80
Not
86%
13%
Jan
Jun
113% Feb
Jun
107
Apr
18
Jun
105
Apr 25
111%
Oct
101% May
22%
16% Apr
Oct
13% Mar
Jun
38%
Feb
51%
100%
Feb
110 %
.
5%
Not
Dec
16% July
Western
38% July
21% Jun
14
29% Apr
25%
36% May
20
Jun
13
30
74% July
53% Jun
Not
58% Dec
15
26
Dec
29% Not
23%
39%
,
33%
Deo
13
May
6
68% Jan
34% Jan
13
Feb
95%
Apr
90% Jun
3
Feb
101%
Jun
98 % Feb
15
40%
Dec
25
80
115
Jan
Mar
83
102
; July
23% Mar
71
Jan
Jan
Dec
9%
Feb
Feb
31%
Feb
19%
12
6% Mar
10%
27
89% Jan
12
27 Vs Apr
26
16% Mar 30
White
25% Apt U
White
8
31 % Aug
3
11 Ye Jan
12
22
7% Jan
56% Jan
13
15
12% Mar 10
4% Jun
x42% Jun
May
8% Jun
6
8
Jun,2i
Apr
Oil
Wilcox
Co
$4.50
pfd
cenv
Wilson & Co Inc
17
Dec
88 %
Jan
Dec
19
Jan
10
Jun
6
13% Jan
14%
Dec
18
Jun
14% Jan
14
18% May
Wilson-Jones
Jan
128
Jan
4
Jun
21
28
Feb
37%
Oct
22
Jun
2
34% Jan
10
Woodward
Iron
not
49%
Jun
44% Jan
3
49% July 29
Woolworth
(F
13%
Dec
25% May
11% Jun
14
15% Mar 30
Feb
x59% Feb
24
67% May 17
72% Apr
7
X138
Dec
133
preferred
6%
18
5%
2,300
23%
23%
2,100
143/8
19%
18%
19%
2,300
22%
22%
223/s
223/8
23%
23%
23%
24
243/o
34,400
113%
1133/s
114
116%
116
116%
109%
110%
110%
113%
113%
*116
(116% 117
110,
110
100
100
100
0
*112%
109%
113
*105%
107 /
104'/»
,
*1033/4
104%
13%
133/4
40%
40%
100
;vv
6%
6%
6%
*59%
1
111%
*105%
107
105
105
350
14
2,600
3043/e
133/4
13%
40%
40%
40%
107%
107%
*107%
6%
6%
G%
36 %
30%
10%
10%/
107
6%
j
25
*24%
25
24%
24%
25
25 Va
400
61
*59%
60%
59%
59%
59%
59%
400
14%
13%
14
13%
14 Vs
26%
26%
2S%
26 Va
27%
*14
97%
101%
*1013a
*23%
*105
10%
24%
25
24%
25
97
97%
97%
x96%
102
*106
103
£5%
35
78%
35
35%
79%
79%
24%
*24%
25
25
25
14%
13%
14 Vb
13%
13%
223/4
22%
31%
31'A
9%
*9%
9%
23%
5%
4%
43%
44
44%
44%
44%
No par
10%
10%
10%
10%
10%
5
5%
v
>..
76%
*74
76%
10
*10%
11
*10%
11
X17%
18
18
•132%
135
*132%
10
*24%
25
*24%
135
*132%
x82
94 ;; May
96% July
Not
58
Jan
60% Mar
68
Feb
25
79
Jan
July
Feb
9
74
Apr
9
9% Jan
22.
7
Jan
20
69
11%
Deo
34%
Feb
16% May
Dec
48
May
15% Feb
24
Oct
89%
Deo
13% Deo
35
24
13
12% Jan
39% Jan
22'A
32%
100
9%
9%
800
4%
43A
4%
44
43%
43 7A
1.5C0
10%
10%
10%
11
9,300
10%
10%
*103A
103/4
17%
*132%
17%
18
135
135
17%
25%
25
25
48%
49
Yale St Towne Mfg
48%
13%
*13%
13%
Jun
20 J/2
Aug
74
Corp common
4%% ccnv preferred
3
*65
67
67
*65%
67
v
25%
48 3/4
49
7,200
1,900
9%
20%
21%
20%
20%
20%
22%
*3 3/4
i
Zonite
Radio Corp
Products Corp.
No par
1
Transactions at the New York Stock
Exchange
Stocks
Week Ended Aug. 5,1940
Saturday
Monday
Tuesday.
Wednesday
Thursday
Friday
Total
y
Railroad
Int'l
of and Miscel.
Shares
.
Bonds
Foreign ;;
''Bonds 1 '
,
861 710
798 630
1,272,270
$1,989,000
>3,490,000
5,280,070
—
4,151,000
$15,720,000
shares
Foreign
Railroad A Industrial.
Total
9%
9%
2,300
20%
20%
20%
21%
21%
1,500
10
9%
93/4
93A
4,900
35
35
35%
35%
35%
35%
20
20%
20%
20%
20
20 3/8
*20%
20%
63%
63%
62 3A
63
62
62%
62%
64
9,000
11%
11%
11%
11%
11%
11%
1,000
11%
♦11 Va
223/a
22%
22
22
22
23
3,100
22%
4
700
*3%
4
9%
22
*3%
10
3%
3%
3%
4
"
Week Ended Aug. 5,1949
—
$3,000
'
r-
';
$2,209,000
"10,000
20,000
3,673,000
3,001,000
3,595.000
436,000
$1,000
5,000
4,593,000
$1,312,000
$1,000
$38,000
$17,071,000
1949
136,433,069
196,763,122
$1,000
$386,000
$750,500
15,720,000
$17,071,000
29,000
*
832,000
3,416,000
1,056,000 -. 55,168,670
13,341,000^*419,292,100
55,215,180
$14,427,00Q
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
wdWhen distributed.
Exchange
Daily, Weekly and Yearly
.$475,678,770
k
624,823,§00
$684„205.5M
Bonds (Par Value)
Shares)
Foreign
Foreign
Domestic
183,650
Government
Corporate
$130,000
$33,000
221,020
111,000
5,000
119,000
147,000
27,000
5,000
179,000
134,000
52,000
10,000
196,000
301,455
285,692
140,000
73,000
4,000
217,000
1,205,627
Total
$662,000
$188,000
$39,000
$889,000
/
3,000
1949
•
/
Jan. 1 to Aug.
Week Ended Aug. 5
1,205,627
798,129
$535,000
$20,837,000
188,000
371,000
6,390,000
39,000
39,000
1,118,000
$889,000
$945,000
48,976,068
32,904,051
Bonds
Foreign
government.
Foreign
corporate
*
$28,345,000
5
1948
1949
1948
$662,000
Stocks—No. of shares.
Domestic
Total
Total
$178,000
$15,000
213,900
1948
3,862,505
1,000
800
Closed
Jan. 1 to Aug. 5
1948
400
Stocks
173,000
.1.312,000
-ll-J_
93/8
(Number
of
$38 000
—_
4
Sales
Bonds
Bank—
9%
9%
Bond
Bonds
5,280,070
U. S. Government
International
2,200
35 Va
Total
267,000.
1949
of
73%
9%
Government
Bank
Week Ended Aug. 5
Stocks—No.
9%
36
'■
219,000
-
;3,328,000
1,436,790
723/4
0%
United States
Bonds
Closed
$217,000;.'.
2,762,000
910 670
723A
Transactions at the New York Curb
Daily, Weekly and Yearly
80
72%
73
72
reccivershiP» or petition has been filed for company's reorganization, a Deferred delivery. rCash sale, s Special sales.
VlSx^rights8' D° SaleS °n th*S d8y"
Number
72%
100
72%
*71
*34%
22
Zenith
*70%
9%
11%
7
72
*71
9%
11%
15
67
9%
633/s
Jan
67
66%
9%
€33/8
4% Jan
9
13%
66%
67
73
20%
32
3% Feb
133/g
66%
*65%
72
20%
20% July 12
13%
66%
67
*71%
9%
6
13%
66
*72%
*34%
28
500
25%
49
13%
72
1
Jan
3,000
13%
72%
50
14% Jan
13
200
18
66
*65%
72%
*71
Young (L A) Spring & Wire_No Par
Youngstown Sheet & Tube
No par
Youngs town Steel Door
No pat
53% Jun
July
67
*■
York
18
8
13%
11
135%
*134
25%
25 V8
49 V8
76%
*74
76%
*74
48%
*65%
6,500
5
43%
49%
*65
No par
•
10% Jun 28
Oct
6% May
Ex-diWdend
Wrlgley (Wm) Jr- (Del)
Wyandotte Worsted Co
7
3u% May 13
16% Jun 17
,
xl9% May
19% Feb
3% Dec
x
19%' Jun 15
Jan
10%
Jun
8% Feb 25
Jun
37
65%
Machinery common
No par
Prior pfd 4%% series
100
Prior pfd 4%% conv series
100
Wright Aeronautical
Nopal
10
66
Mar
8
10
64
12,700
21%
*31%
-
Worthington Pump &
81%
58% Dec
1,500
10%
17%
100
13%
9%
22%
9%
76%
10%
10
260
400
25
13%
31%
22%
*31'
5
.24%
1,900
44%
...
*74
*74
18
0:
23%
31%
Motors com_____l
series A
No par
93/8
93/8
...
79%
:
78%
14%
200
35%
78%
24%
*31
100
500
23%
78
78%
31%
5,100
97%
*35
78
14
2,500
22,600
25
35%
26
23%
100
115
*106
115
*106
115
23%
25
;
103
X103
103
*23%
25
2,800
24%
X24 %
*23%
/ 115
35
343/4
10%
*22%
23%.
102
25
115
*22%
97
•
102
24%
26%
i
77%
49
1,800
36%
36
23%
24%
10
1,300
23%
*96 %
24%
97
5
40
" i/
10%
263A
24%
22%
6%
37
14%
,14
oOO
10%
26%
*31
40%
109
36%
*24%
,
13%
133/4
*22%
9%
No par
104%
10%
14 Va
1
20
112
107
37%
26 Va
34%
240
111%
*311%
•305%
10%
14%-
101%
120
37
v
14%
97
200
109%
107
*6%
6%
25%
24%
80
115%
109%
40 Va
107
106% 107
108
1143a
115%
110%
133/4
40%
*107%
1143/4
116
40%
133/4
40%
115
216
*109%
104% 1043/8
1043/s
13%
par
220
112%
►105%
107
81%
81
32
*114
114
112
112
112
*105%
•
61
Co
1,600
5%
22%
19
23%
Co
14%
5 %
23%
*81
*593/4
—
14%
5
5%
19%
0
W)
14
13%
81%
*24%
common
800
19%
24%
Co
41%
13
81%
23%
Wisconsin Elec Power Co com
5
12%
18
22%
24%
$4.25 preferred
500
1,800
13%
*17%
19%
22%
*22%
;
5,500
23 3a
12%
81
10%
com
173/4
233A
2iVe
37%
Co__:
Willys-Overland
2
12%
125
..
.
100
Sewing Machine
preference
173a
23%
193/8
-
79
70
69
Motor
Prior
17%
23%
81
*105
3
17% May
Nov
5
2
48% Jan
17%
23
.33%
Instrument
300
19%
*23
Elec
20%
81%
,.10%
A
series
20%
23%
No par
com
20
19%
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
—No par
White Dental Mfg (The SS)
20
107% July 27
13
RR
20
23%
12.00
Weston
13
:
65% May
Mar
4
11
28% F*b
Jun
51
4
Aug
26% Jan
7% May 31
Nov
9
Preferred
12 % Jun
22% July
27%
103
Pacific
9,100
81
Western Union Teleg class A_No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12%
3%% Pfd series A.M._.MM10O
3.80% pfd series B
100
(18% Jan
"24% May
^ 13%
7
Mar 30
29% Jun
Oct
92
Feb
21% Jun
Jun
7"1v
27%
Mar
23
57%
7
97% Aug
85%
91%
37
7
Jan
27
20% May 31
Jun
Western
26
Mar 30
17
May 31
21% Jun
Jun
4%
8
Jan 24
70
11%
23
10
100
100
Supply Co
Maryland Ry com
non-cuiii 2nd pfd
200
92%
11
'
*12%
5%
5% :
13%
92%
10%
18
13%
._1
Lines Inc
Western
22% Mar
13%
5 Va
5%.
100
Auto
11
20
13%
.
preferred
,
12% Jan
7% Apr
13%
No par
4.20%
41% Mar 12
24
Feb
13
*13%
33%
92
12%
*173/8
•5%
1,400
10%
24
12%
17%
No par
com
Air
5
24
108% Jan
32% May 23
;
Co
A
8% Feb 24
46 % May
7% Mar
Elec
25
Aug
41% Jan
13%
17%
l
West Penn
.
13%
No par
Sugar Corp
Power 4%% pfd
preferred series B
4.10% preferred series C
West Virginia Coal & Coke
West Va Pulp & Paper com_No
4%%
preferred
17% Jan 20
4
__
13%
17%
preferred
Western
5
10% May
34%
-
26
105
2
May 12
104
Jun
14
6%
13
Jun
113
14
35% Jun
Class
110% Jan
8
113
107
Oct
_
13
17%
5
2,200
7%
13%
17%
17'a
_.f
i
preferred
Indies
1%
108% Jan
103% Feb
105% Not
100%
103% Mar
5
14
117% July 11
25
conv
West Penn
Jun
115
108% Mar 22
Jun
$4
West
.
25%
7%
92
zi
/■;,
20%
*23%
24
—0
1
Co
Motor
Oil & Snowdrift com—2.60
Wesson
7
21
24% Aug
3
14% Jan
114
119%
Gas Light Co
Webster Tobacco Trie
84% Jan 24
23% Jan
16% Jun: 14
19% July
Feb
104% Mar
*113% Apr
25
27% Jan
Warren
Wayne Knitting Mills
Wayne Pump Co
July 27
5% July 15
July 13
78
.
26% May
19% Mar
1
7
15% Jan
3% Jan
22
Dec
13 ' -1 Dec
3%
18% Jun
Jan
■
7%
7%
90%
40
25'a
7%
25
24%
7%
13%
*
xl9% Not
22
25%
91%103/4
7%
7'A
13%
91
*20
25%
7%
10%
5
13%
13%
2434
24%
25%
91
*13%
1
100
preferred
Bros
,
v
46%
$33,676,000
-
6,118,000
1,254,000
-
$41$48,000
Number 4827
Volume 170
THE
COMMERCIAL
Bond Record
italic
letters
the
In
column
FINANCIAL
headed
WEEKLY
-
"Interest
Period"
(511)
27
4YEARLY
Indicate
Figures after decimal point represent
if
CHRONICLE
New York Stock Exchange
«»
FRIDAY
The
&
in
eacn
or
one
more
the
case
82d
of
month
when
the bonds mature.
point.
a
5
LOW AND HIGH SALE PRICES
Range for Previous
GOVERNMENT
Year 1948
Lowest
Range Since Jan. 1
Lowest
Highest
Highest
101.11 May
105.1
107.4
Sep
-
108.28 May
101.11 May
108.13 Jan
110.23 Mar 11
101.18
Dec
102.22
102.23 Sep
102.23
:
Feb
Sep
102.31 Jan
104.9
3
3
Feb
Sep
101.11
Jan
101.19
Jun
101.19
Jun
102 1
Mar 11
102.9
Jun
103.8
July 25
103.8
July 25
i. 100.24 Mar
100.25
Jan
t
100.23
Jan
100.26
100.23 Sep
100.24
Sep'
101.12 Feb
t
100.16 Sep
101.12
Jun
101.7
t
100.7
Oct
100.27 May
102.26 May
it 100.7
Oct
102.26 May
100.23 Jun
27
Apr
f
101.13 Jun 24
9
Feb-
7 ?
100.28 Jun
103.2 :Aug
2
6
100.18 Jan
101.28 Jun
30
102.22 July
14
102.13 July
102.30 Feb
9
100.4
May
100.13 Jan
20
Mar
100.2
Feb
100.17 Feb
9
102.10 July 6
101.3 Jun 14
100.21 Feb
9
100.21 Feb
100.21
100.31
101.7
Oct
100.21
102.30 Feb
9
Oct
9
Deo
101.26 May
.
100.31
Sep
Sep
101.19
Jan~26
101.8
Treasury
Treasury
Treasury
Treasury
Jan 26
101.18 July
100.30
101.8
101.18 Feb
July
101.18 Feb
9
9
Oct
July 30
t
Low { High Jt
"
1949-1952
u
Aug. 1
;
Low
High
Low
-
1951-1954
Low
High
♦100.29
100.31
*100.29
♦104.13
^
104.16"
*104.13
104.16
109.10 *
*109.8
109.12
Friday
Sales tor
Aug. 5
Low
High
the Week
Bonds ($)
High
100.30
*100.28
100.30
♦104.13
104.16
*104.13
104.16
*104.19 104.16
*109.8
109.12
*109.9
109.13
*109.12
109.16
103.16
100.31,. ♦100.28
-
STOCK
*103.13
103.16
*103:13
103.16 ~ *103.13
*110.13
110.17
*100.14
100.18
CLOSED
*111.13
111.17
*111.14
111.18
1960-1965
♦112.23
112.27
*112.24
—1949-1953
*100.22
100.24
2%S-
-1950-1952
1958-1963
Low
High
EXCHANGE
-1956-1959
Thursday
Aug. 4
Wednesday
Aug. 3
Tuesday.
Aug. 2
Monday--.
1
*109.6
|
1951-1955
*100.22
100.24
*103.13
103.16
*103.13
103.16
•110.14
110.18
*110.14
110.18
*110.18
110.22
♦111.14
111.18
*111.14
111.18
..*111.18
111.22
112.28
♦112.26
112.30
*112.25
112.29
*112.28
113
*100.22
100.24
♦100.21
100.23
♦100.21
100.23
♦100.20
100.22
*101.27
101.29
-
♦101.27
101.29
*101.27
101.29
*101.27
101.29
1952-1954
•103.5
103.7
*103.5
101.29
103.7
♦101.27
2%s.
♦103.7
103.9
*103.7
103.9
*103.8
103.10
2*8
1956-1958
*106.1-106.3
*106.2
106.4
♦106.3
106.5
*106.3
106.5
**106.7
2*8
1962-1967
*104.4
104.6
*104.5
104.7
♦104.8
104.10
*104.9
104.11
♦104.16
104.18
2*8
1963-1968
*103.20
103.22
♦103.21
103.23
-•103.24
103.26
*103.25
103.27
*103.31
104.7
2*8
Jun 1964-1969
♦103.8; 103.10
*103.9
103.11
♦103.12
103.14
*103.13
103.15
*103.19
103.21
2*i
Dec 1964-1969
*103.3
103.5
"
*103.4
103.6
j*103.7
103.9
*103.8
103.10
*103.15
103.17
2*1
1965-1970
*103.1
103.2;
*103.2
103.4
♦103.4
103.6
*103.5
103.7
*103.12
103.14
103.2
103.2
*103.4
103.6
♦103.10
103.12
♦102.16
102.18 .,,*102.23
102.25
♦105.3
105.5
*105.10
105.12
>
-
2*s
1966-1971
*103
103.2
♦103.3
103.5
2*s
2*s
Jun 1967-1972
*102.10
102.12
*102.13
102.15
*102.15
102.17
Sep 1967-1972
♦104.29
104.31
*105.1
105.3
*105.3
105.5
2*s
2%s
2%s
2*s
Dec 1967-1972
102.13
*
»t
106.9
102.13
♦102.13
102.15
*102.16
•103.5
103.7
*103.4
103.7
*103.4
103.7
*103.4
103.7
*103.4
*102.22
102.24
*102.23
102.25
♦102.24
102.26
*102.24
102.26
*102.26
102.28
105.30
1C2.15
102.15
1954-1956
•105.24 105,28
*105.24 105.28
*105.26 105.30
.....1956-1959
*104.22 104.24
*104.23
104.25
•104.24
-Jun 1959-1962
*102.4
102.6
*102.5
102.7
*102.8
Dec 1959-1962
*102.3
102.5
*102.4
-102.6
•102.7
Sep 1949-1951
*100.3
100.4 ;
*100.3
100.4
*100.3
100.4
Dec 1949-1951
*100.14
100.15
*100.14
100.15;
•100.13
100.14
Mar 1950-1952
*100.18
100.20
*100.19
100.20
*100.19 100.20
-Sep 1950-1952
2s-
10,000
103.7
1952-1955
.1951-1953
t
102.19
102.18
102.19
28,000
*105.26
105.30
*105.26
*104.24
104.26
*104.29
104.31
102.10
*102.9
102.11
*102.16
102.18'
102.9
*102.8
102.10
*i02.1j
132.17
*100.3
100.4
*100.3
100.4
•100.13
100.14
*100.13
100.14
*100.19
100.20
*100.19
100.20
101.2
1
104.26
,
r
*101
101.2
*101
101.1
•101
101.2
♦101
*101
101.2
2s-
1951-1953
*101.21
101.23
*101.21
101.23
•101.22
101.24 »•
*101.22
4
%n.23
lj,.25
2s-
.1951-1955
*101.28
101.31
*101.27
101.30
*101.28
101.31
*101.28
101.31
*101.29
-Jun 1952-1954
*102.1
102.3 7
*102.1"
102.3
♦102.3
102.5
*102.3
102.5
*102.4
102.6
.Dec 1952-1954
♦102.10
102.12
*102.9
102.11
*102.11
102.13
*102.il
lois.13
♦102.12
102.14
104.4
*104
1 il4.4
*'04
104.4
♦100.17
100.19
*100.18
100.20
*100.28
101
2s
Treasury 2s
2s
Treasury
100.16 Apr
(..ft
'
'
1955-1960
Treasury
100.7
Saturday
f
7
3%S
Treasury 2%s.
2%S
Treasury
2%t
Treasury
^Treasury 2s
Treasury
2s
Treasury 2s
101.13 Mar
Sep
BONDS
STOCK
2%«
Treasury
Treasury
Treasury:
Treasury
Treasury
Treasury
Treasury
18
101.14 Sep
100
Mar
100
YORK
38
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
14
102.31 Jan
14
Feb
101.7,
i
•
110.23 Mar 11
__
104.9
1
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
108.13 Jan 26
26
NEW
EXCHANGE
105.28 Mar
Sep
.
1*8
.
1953-1955
International
104.2
*103.30
104.2
*104
1950
Bank
*lf)3.30
*100.16
100.18
*100.17
100.19
*100.17
100.19
-
102
for
Reconstruction & Development
94.10 Jan
91.14
98.30 May
99.30 May
Jan
98.24 Jan
*Bid and asked price.
10
99.11 Jan
5
101.2
July 14
102.8
10-year 2*8
1957
♦100.28
101.2
*100.28
101
*100.30
101.2
*100.30
101.2
July 12
25-year 3s
1972
*102
102.6
*102
102.4
*102
102.6
*101.30
102.2
No sales transacted this day.
%2%
due June 1949-51 called June
RANGE
New York Stock
77
is
-
.
Interest
*
.
Exchange
5,
k
Last
Period
or
Friday's
3f
-'
Corporate Stock
WEEK
ENDED
par.
a
Odd lot transaction,
,
Bid & Asked
Range Since
Sold
High
No.
>■ Jan.
Low
.
■:> BONDS >
1
New York Stock
Period
w
-
8alePrice
1-;
J-D
106% 107
107
,
36;
104
107%
I
10612
-
106}}
:—
3%s Series No, 16
3%s Series No.
'
■
17-
*61
'■
'■]
'
■
luiri
'i"
■*'
aJL.
v.
3%s Series No. 23
3%s Series No. -24
Foreign Securities
3 %s Series No. 27
J-D
J-D
3%s Series No, an-
Wertheim & Co.
Broadway, New York
NY 1-1693
Canada
JACbile
Foreign Govt. & Municipal
iAGtd sink fund 6s———1947
AGtd
sink
fund
(King of Norway) 4s
iAAntioquia (Dept) coll 7s A
F-A
70
A-O
*61
1968
M-3
SI
1945
J~J
JAExternal
s
f
7s
series B
1945
s
f 7s
series C
1945
,v
J-J
JAExternal
AExternal
s
AExternal
sec
AExternal
7s
t
s
sec
s
s
series D
1945
1957
A-O
1957
f
7s
2d
series
7s 3rd
series—1957
Antwerp
(City) external 5s
1958
Australia (Commonw'lth) 5s of '25-1955
10-year 3'As
1956
10-year 3'As
1957
20-year 3%s
20-year 3 Vis
15-year 3%s
Belgium external 6'As
External
s
External
s
lABrazll
(U
f
f
8s
(Int reduced to 3.5%)
s f 6'As of 1926
AExternal
43%
37
s
f 7s
94%
95
*34
102%
104%
104%
107%
54%
—■
A-O
V:-
27%
*26%
'
'77
37
37%
25%
29%
34
•.
28%
34'A
30
09%
103%
90
97%
957/a
89
85%
92%
JiJii.\4
85
93%
,
*34
F-A
:
'■>
J-J
Sep 1961
MS
>34
Sep 1961
MS
,*26%
A-O
*26'/a
fund 6s
sinking
assented
'■•A'yymXi&i
2
26%
>34
_,
%
-
—
37%
Extl
a
AChlle
M-N
23'/a
26
84%
1
100
22
h
937/a
102%
102%
112
115
1
80
6
120
A6%s assented
AGuaranteed sink
A 6s
A 6s
AChilean
54
AChlnese
62
J-D
25
1957
J-D
J-D
J-D
J-D
1961
A-O
A7»
50'A
74
—
Cons
A-O
*26
r
..V
1962
-/4
assented
(Hukuang Ry)
5s—
23
M-8
J-U
e26
■
29
25
29%
34%
37%
26
29
'
:v.'
2
7v'
■:
..
3
,.r7
-s'
.
34%
•
*26
:
'■
5;'
*4%
29
29
35%
— m.
1979
26%
8
}
29
37%
26
4
29
4%
1957
'
J-D
A-O
50'A
50
50'A
*65
46
71'A
43
54%
61
71
46'A
50'A
55
60%
8
69
*
—
53 ya
Stamped pursuant to Plan A
A7i
(Int reduced to 3.375%),
(Central Ry)
1979
A-O
1952
J-D
'
0%
■
'
i:
—
For Financial Inatitutione
1978
J-D
funding bonds of 1931 due__1951
x
>7; 7
—
43 %
49'A
2
FOREIGN
SECURITIES
Stamped pursuant to Plan A
1
(Int reduced to 3.375%)
External $ bonds of 1944
(Plan
1979
A-O
,;*47 »A
J-D
3%s Series No; 2
mm*m
♦63
-
64
62'A
57%
.v.'^
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..
—
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69
69
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69 •
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80
♦63
70
70
*53
71%
62
.
73
73
60%
73
58%
65
FOREIGN SECURITIES SPECIALISTS
73
58%
——
73
62%
•
PAUL MARKS & HO. INC.
69
58%
*61
.
59
4
.
,
*62'A
*63
__
4
l
FIRM TRADING MARKETS
'
J-D
3%s Series No.
10
J-D
3%s Series No. 11
J-D
__
J-D
3%s Series No. 12
J-D
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J-D
page
.
__
J-D
,
' 3%s Series No. 13
see
53%
71
1
J-D
J-D
3%a Series No, 8
3%s Series No. 9
For footnotes
42%
62%
—
♦63
■
J-D
;
3%s Series No. 3
3%s Series No. 4
3%s Series No, 5
3%s Series No. 7
^
49
B)—
3%s Series No. 1
.;
—
Stamped pursuant to Plan A
(Int reduced to 3.5%)
1
00
--
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:
31.
—
——
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J.,-
61
60%
58
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61
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9
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65
55 V®
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65
59
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36%
26%
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e26
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:■
37
37%
26
'
26
34
.—-4
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26
48
34%
'
3
•
23
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MS
1901
ii;
40
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34%
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1962
7s
36%
.
26
*
1960
Munic
29
•
*34
*34
■
IQfiO
assented
36%
25%
25%
72
60%
—
assented
AGuaranteed sink fund 6s__
71%
45%
f..:
fund 6s__
29
35'/a
25%.
1961
—
6%s
25%
34%
M-N
1963
m)¥
37
.•
r—--J'- s
1963
'
29%
34%
-
37%
26
:y
•
1961
A6%s assented
ASinking fund
6%s__
'
7'.
7,
1961
Bank
Mortgage
"
29
34'/a
1
1957
t $ bonds 2-3s
26%
•J-..'*
•
r,.
30
.
3
26%
26%
.1993
AExternal sinking fund 6s~
A 6s
assented
r;
1962
;
y,'
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*34
A-O
—
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•
'
Jan 1961
f 6s.
s
■
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118
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Feb 1961
J-
A6s
43%
—12
90'A
*67'A
-
Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal s f 6»As of 1927
59
35 Va
25%
*34
I-
Jan 1961
external
A6s assented
105
i!l
•r
100
118
~
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42%
37%
19
-v
91
<!
A-O
1960
"LI
.
'
108
93'A
—
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1960
-
sinking fund 6s_
A6s assented
43%
7
106% 108%
r
'
M-N y
101%
101%
102%
12
.
M-N
99%
12
*57
1942
64%
65
101
20
102% 102%
1942
External
65
63%
98%
2
1
7
106'/a 10,'/a
106%
Feb 1961
A Ry
44%
'37%
5
89%
100
.;
1978
J-J
70
66
65
60%
4
101
AExternal sinking fund 6s„ __—1962
44%
37'/8
105
90'A
„
J-D
1957
37%
15
91
J-D
1941
7
14
93'A
J-J
1955
external
J-J
1954
A6s assented
44%
45
81'A
89 "A
MS
Stamped pursuant to Plan A
37%
44'A
93%
F-A
1955
A-O
1961
assented
assented
AExtl
44%
'
J-D
1949
44'A
100'/8 100%
J-D
1962
7s
of)
100%
J-D
1966
6s
S
J-J
:
37 %
43'A
43%
93%
6
44'A
105
F-A
.A6s
62
81
17
43
A-O
1967
44'A
*42'A
J-D
70;
70
1
41'A
-
mwm ■
>
3
62
42%
A-O
f
1960
8s
65
65
59
8
7;v.
101A 101 A
.
65
55 Va
58
60%
101
■
65
'
44
—
J mJ
1st series
f 7s
70
91
43
,
J-J
lAExternal
(City)
AExternal sinking fund 6s__
1948
6s
Akershus
4s__„
of)
3'As
(Rep)
J A 7s
Agricultural Mtge Bank (Colombia)—
J-D
—
(Dominion
25-year
ACarl8bad
7
\
.
120
F-A
65
60
—
100% 1007/a
Jf-8
1958
1950
65%
58%
57
•
■
,
65
65%
56%
60%
6
64
60%
:
,
55 Va
■
65
*61
1957
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s
Teletype
.1
77-—'.
•>
64 Va
,*61%
j-d
T
Brisbane
Members New York Stock Exchange
REctor 2-2300
,
'
„
*61
J-D
3%s Series No. 29-
V-;
62
;*6i
65
.
60%
--
"
77 5
'
60%
62
J-D
;
3%s Series No. 28
Telephone
*61
J-D
J-D
3%s Series No. 26
7," 7rr "■
-
60%
60%
J-D
-
3%s Series No. 25
„
56
'
••
r.u
64
*61
High
,
59%
;3V,
63
62%,;-
-
i *61
J-D
■
Jan. 1
Low
60
7
62 %
62
J-D
,
J-D
.
v
58
*61
'
3%s Series No. 22
Range Since
A
,
59%
.(rw-.'-4 ;
1*61....
J-D
(V
NO.
r
62%
J-D
.._
--y -■
Bonds
"-"Sold
f; 7
High
,'*617/8 764%.
-
-
-
3%s Series No. 21
-
'
J-D
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3%s Series No. 20
:
lv
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J-D
'.
|f
3%» Series No. 18
J-D
,.
.
-
Bid & Asked
Low 'f
3%« Series No. 15
!
102
Registered bond transaction.
Friday >7; Week's Range
Last
or Friday's'
Interest
Exchange
High
^
*
r
AUGUST 5
'
....,—,..1980*
Registered.
Bonds
'
Sale Price
Low
New York City
Transit Unification Issue—t-
FOR
2% due September 1949-51 called Sept. 15 at
Week's Range
Friday
BONDS
at par,
15
102
66
istoT
7%
YORK
NEW
RANGE
New York Stock
Exchange
Period
Last
or
A 6s
of
1928
Jan 1961
f
bonds
78
1970
A-O
1947
1946
M-N
25-year
gold
1947
4'As
1953
Rica
(Rep of) 7s
(Republic of) 4V2s extl
Czechoslovakia (State)—
Stamped assented
M-N
1951
..
M-N
j-u
110
1960
A-O
*55
5'As,——1955
4 Vis
3s
f
s
$
$
part
part
Free
8
l'A
74 3A
W/a
55
*45%
497/a
45
52 Va
*13%
15
10
*104 h
J-J
1949
M-S
—
M-N
7%
8
A-O
*63%
68
Works 1%
8 A 7s series B
M-N
1977
J-J
36 Vi
1977
Credit Consortium
1960
extl s f l-3s
Public
J-J
33'A
M-S
24
*101
36'A
37
08
32'A
33'A
60
*32 7a
33%
16'/a
" "
40'/a
1899
J-D
1950
13
11
10
45
*35
57
A-O
100V4
,
1984
1958
J-J
*75
90
F-A
*
12
1958
F-A
Amer
assented
Power
*83%
87
88
89'A
81%
"7 %
'
70
81
7
14
6
7 Vi
97a
57a
20
Airlines
50
60
23/4s
11%
2%s
"4 Vi
2%s
conv
23/4s
conv
4'A
4%
3s
15 Vi
Q-J
■
J-J
*8
974
__
974
—
—
7%
11
9
9
11
agreement)
1954
A4s new ass'td (1942
agree)_1968
8A4s of 1910 (assented
to
1922
agreement)
1945
J-D.
8'A
11
92
98
997a
200
92
997a
A-O
997a
99%
99%
51
94%
J-J
96
947a
96'A
64
88'A
9674
J-D
103'A 1047s
181
101%
1047a
1982
A-O
,,1987
J-D
10074
9974 100%
52
94
109%
1957
J-D
106%
1051/4 106%
119
103
1x0%
1973
J-D
106'A 106%
37
103%
1117a
110% 111%
1,110
104
104
.
1959
4%
*6%
8 7a
98 (A
1969
9 8'A
A-O
*
1117a
16
103
1047a
105
26
10274
Q-J
79%
79%
1
79%
1966
Santa
&
A-O
70
70%
4
70
A-O
Line
1st mtge 4s
8
109
5
M-S
A
1964
*103
11774
104%
xUJ
%
70
101%
J-D
9674
96 %
97
9
93%
1033A
J-J
57
56%
57
53
47%
571/2
102'/2 1027a
J-J
40'A
J-J
100%
39
40%
100% 101 (4
441/2
37
8
997/a
54
101'A
5%
8'A
128%
7Va
4
92
1227s
41
102%
117% 117%
M-N
July 1952
4s
4%s
126% 128
M-N
1963
1st cons
unified
128
Ry—
3'%s
Coast
81%
Fe—
July 1 1995
Air
IO31/2
1067a
104%
1047a 104'A
A-O
July 1995
98'A
997a
92
2
—1995
6%
"2
47a
104'A
J-D
1962
4s
6%
J-J
87'A
993/a
JAAtlantlc & Danville Ry 1st 4s,_1948
§ASecond mortgage 4s
1943
Atlantic Refining 2%s debs
1966
.
1922
87 Va
1961
1st gold 4s
Topeka
General
87'A
J-D
F-A
1980
debentures
Atlantic
—
75
10
76
debentures
1st mortgage
-
99 3/4
6
9974
31
debentures
Stamped 4s
Atlanta & Charlotte
15ya
157a
15 '/a
—
80 %
9874
99%
86%
,
debentures,,
Atchison
101 Vi
663A
69
M-S
853A
A P W Products Co 5s
Q-J
*68
1087a
100%
*101'A 102 Vi
A-O
1043A
1041/2
1986
debentures
Ann Arbor
A-O
57
104'A
105% 1057A
85 3A
aeoentures
5
1057a
J-J
—
1975
debentures
102
*104%
M-S
debentures
100
4Vi
"8'A
to
1966
deductions
42 »/2
7
4Vi
(1942 agree)—1933
(assented
debs
&
28 Va
COMPANIES
36%
M-N
mtge
3s
INDUSTRIAL
AND
A-O
196?
3'As conv debentures.
Amer Tobacco Co deb 2s..
—
1904
1st
1955
3'As
Foreign Pow deb 5s
2030
American Telephone & Telegraph Co—
-—
v
of
61
*871/2
37
37'A
100'A 100'A
J-J
—
A4s
F-A
-
8674
79
4
1978
16'A
M-N
1945
8A5s Assented to 1922
agree__1945
A Large
ASmall
;
New ass'td
4
89 3
81
82'.
83 3
83'A
*83
M-N
Vis
130'A
*121
83%
J-D
General
Large
ASmall
M-N
93
90%
130
1979
23/4s
57
A-O
1954
56
10 Va
J-D
1957
due
A
M-N
Vi
11
—
readjustment
27Vi
61
Large
A5s
1964
1937;
93
*130'%
1979
of
11
15j/2
6
*126
3Vis
1972
Albany &, Susquehanna RR 4%S—1975
Alleghany & Western 1st gtd 4s,_1998
Allis-Chalmers Mfg 2s debs
.,1956
—
''<
*92 %
t-A
M-N
117a
5%
11
9%
1978
American
33 Vi
32'A
33 Va
J-J
1951
1922
ASmall
3
conversion
Alabama
37
26
.
A
115
12 %
*7Vi
RAILROAD
39%
18
5
*41 Vi
J-J
agree__1943
A4Vis small
1943
ANew assented (1942
agree)_,1968
ASmall
1968
Mexico (Republic of)—
of
IIV2
11
1960
6s
AAdrlatic Electric Co 7s
Alabama Great Southern
101%
100'A
Irrigation—
8 a 5s
J-J
25
xi>*6
6s.„.i
3%s
1977
1952
to
J-D
1957
fund
(S bond
23/<s
27As
to 2%
Metropolitan Water Sewerage &
Drainage Board 5 Vis
assented
11
113A
8%
11
J-D
10 Va
65
Utility-
Altaly (Kingdom of) 7s
AJugoslavia (State Mtge Bk) 7s
AMedellln (Colombia) 6Vis
8A4Vis
62 Vi
5%
9%
12 %
5'A
53
for
3%
Credit Institute 1%
AExternal 7s
M-N
1958
fund
A4
102 Vi
6
974
*9
F-A
1960
1947
Italian
bd'/2
"
f 5s
s
11%
M-N
4-4(4-4%s extl readjustment
3'As extl readjustment
AWarsaw (City) external 7s
14
101 Vi
55
38
37A-4%-4/ss extl conv
61 Vi
1968
State extl
Public
55
55
63'A
62Vi
61
1958
7s
sink
3%-4-4%s
77
71
43
*60
1962
extl
assented
External
75 VA
A-O
extl
sec
of)
sink
83 Va
*65
J-J
1962
AExternal
90'/a
25
66
63'A
(Kingdom)—
AExternal
977/a
13
7974
J-J
1964
(Republic)
Mexican
19
90
73'A
1967
paid
paid
Italian
Italian
93%
83 'A
Jan 1, 1976
Helsingfors (City) ext 6 Vis
Irish
92'A
J-J
1, 1976
Jan 1, 1976
(Republic of) 7s
French Republic extl 7s
Greek Government—
A 6s
Vi
89%
B
External
Estonia
A 7s
92
1968
2012
Sydney County Council 3 Vis
SAUruguay (RejiuoJic; exw 00
63
52
High
58
63 Vi
J-J
external
(Prov
A4%s
F-A
A-O
Jan
f
s
series
ASllesia
(Republic of)—
f $
s
extl
<
1962
secured
A7s
1x3 '/a
J-J
1942
gold
gold
3Vis extl
A
A&s
157a
1lc*V8
597a
External
extl
12'A
6
110%
External
Salvador
16
14%
14%
Jan. I
Low
♦61
M-S
2004
2.25%)
to
Serbs Croats & Slovenes
(int reduced
6%) extended to
lADenmark 20-year extl 6s
4s
79
1977
to
El
63 7a
reduced
Stamped pursuant to Plan A
(Int reduced to 2%)
84
76
*75
14 V#
6878
.1950
A6s extl dollar loan
47'A
417a
„
Range Since
Sold
NO.
(continued)—
loan
water
(Int
47
82%
8174
62'/4
41'A
High
Bonds
>
Stamped pursuant to Plan A
47 72
427a
*41
J-D
extl
44
47 VA
47%
A7s
7872
35%
*41
F-A
1952
43 Vi
70
70
Friday's
or
Bid 8c Asked
Low
78'A
81
43%
4234
A-O
fASinking fund 7s of 1926
{ASinking fund 7s of 1927
Copenhagen (City) 5s
Cuba
1
767a
78
lAColotnbia Mtge Bank 6'As
s
$
76%
J-J
'
Last
Sale Price
High
LOW
3
A-O
Oct J 961
1927
Period
New York Stock Exchange
Jan. 1
(Republic of)—
external
ACosta
No.
High
Interest
bonds
Range Since
Sold
San Paulo (State)
A 6s of
3s
Week's Range
Friday
Bonds
Friday's
Bid 8c Asked
Sale Price
Low
Colombia
AUGUST 5
Week's Range
Friday
Interest
BONDS
RECORD
BOND
FOR WEEK ENDED
1st
"
'
ASmall
B
J-J
.
—
A4s New ass'td
.»
■
(1942 agree)—1963
ASmall
.
6%
,
1
BATreasury
„
to
1922
6s of 1913
Milan
1933
(City of)
(1942 agree) —1963
s
1952
f 6Vis
reduced
external
f
s
sink
3Vis
fund
f
s
to
1959
83 7A
9%
49'A
and
11 Vi
Series
56 3 i
62
8V2
11%
Series
K
due Mar 1 2000
M-S
55%
55 (4
53
35
49(A
627/a
2
26%
54 y*
Series
M
due Mar 1 1996
M-S
551/2
55
55%
65
49%
63
J-D
67
63 %
67 VA
19
597a
73
May
43'A
42%
43%
128
39'A
52'A
79 (A
80
30
75%
35 VA
60%
7472
10'/a
Ext
38
251/2
30
A4%s
37
2
M-S
39
M-S
*27
297/a
*9572
96'/B
M-S
96
96
96'A
1965
A-O
96
95'A
1963
F-A
95
25 ya
96%
21
88
99'/2
9 6'A
18
83'A
9 7'A
9572
•4
80'/2
96%
80
93%
j
1957
A-O
1970
J-D
97
97
2
83
A-O
9374
93VA
3
81V8
(31/2%
1st
sec
ref
(Int
1994
3'As series B
(State of)
reduced
to
Plan
A4Vis
Stamped
1
25 7a
197a
9
171/2
197a
33
17'A
32
17%
21 y8
A-O
19'A
A-O
*10 VA
A-O
*15
10%
107a
J-J
11%
11%
J-J
J-D
to
external
sink
fund
Stamped pursuant
(Int
.
A7s
reduced
external
to
to
loan
A Rome
ASao
(City of)
to
A6 Vis
extl secured
39
40
2001
A-O
*28'A
31
27
40
33'A
24%
46
1953
(Int
reduced
Paulo
to
(State)
(Int
reduced
to
F-A
A-O
27
27
series
J-J
series
1967
43As
—1955
series
JJ
1961
series RR,
—I960
mtge 4(As ser A,—July 1970
—
997s 100%
1027A
102 3/a 1027a
100
__
20
100
5
34
*75
99'A
102 3/4
10474
977a
973/a
100'A
100
102 7/a
101.
101
101'A
74
837/a
90
A-O
74VA
46
74%
44%
J-J
M-N
87
83
33
*102
M-N
46
1954
F-A
A-O
*104
1950
F-A
M-S
J-J
98%
99 Va
591/4
99%
104'/a
100'A
101% 102
351/2
103'A
104(
102
5
97 34
83
90'4
14
98%
103 VA 103%
103 3A
M-N
44 %
35%
*100
1969
7
34
*31
1968
.—
'.
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95
100
1217a
9474
93%
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M-N
1976
(Ernesto) Co 7s
,
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Bklyn Union El 1st gold 5s
Bklyn Union Gas 4s debentures
mtge
*104(4
M-S
II
mtge
80%
11974
_2
.
AC
5s
*931/2
M-N
J-J
6
100
F-A
1976
1979
.
5s
1957
i
Terminal
1st
5s
50%
100%
4
91 %
105% 105 %
J-J
1960
gtd
1
2
94%
1
56 VA
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1955
4s
Consolidated 5s
Bush Terminal Bldgs
M-N
1952
Stamped modified 41/23
A-O
102
94
A-O
j-jj
1974
M-N
*103 %
1962
ArO
96 %
1957
J-J
*31'A
33
29
34%
Canada
37
35
38
Canadian
257A
24%
28%
Guaranteed
39%
J-D
*351/2
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257A
1966
M-N
39%
gold
gold
2004
J-D
*28'A
2004
J-D
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27
29 y4
29%
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49'A
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54 %•
53
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—
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103 3A
99'A
102
56%
102
611/2
102
99
1051/2
105
A-O
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49'a
49%
*52
A
1957
4%
Pacific
conv
Carolina
M-N
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43%
347/8
44
46
54
1st
2012
M-N
*40%
1938
J-J
*60
437a
33%
47
55 %
66
3%s debs
1999
J-J
—1950
J-J
1999
Ry—
stock
114% 114%
11
16
105%
107%
1970
105% 106%
5
10B3/a
1037a
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15
1121/4
113%
1956
Fr A
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3
112
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1951
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17
105
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:
,
.
113%
115%
-
J-J
(perpetual)
1965
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1981
94 VA
94%
95
51
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108%
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62
103
102%
103 %
—
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(1947 issue)
1960
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75
793
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55%
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of
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^,1995
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J-J
May
64
64
Mav
42 %
43
A-O
*108(A
A—
Jan 1 2020
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1966
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A
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95%
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§ACent Branch U P 1st gold 4s
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3(4s debs
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Corp
99'A
102
—
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1955
5s
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&
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^
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gold 4V2S
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gold 4 (As
gold 5s
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A
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cons
National
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A
2.5%
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1968
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1959
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A
8s___
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1999
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95
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1
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f debentures
mtge
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s
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,
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Plan
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30
1952
s
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64
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1946
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12
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1951
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2012
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reduced
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15
■
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1951
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8
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of)—
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1961
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reduced to 2.375%)
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to
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D
ser
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1950
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4s
stamped
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21
19%
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ser A
cont int)— 1980
4s
ref
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30 ya
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.
94
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2001
to Plan A
(Int reduced to
2.25%)
2006
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1946
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M
ref
&
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40
19%
2674
63 '/a
division
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103
J-D
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2.375%)
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,
35
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--
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82
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'
,
1947
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gold
—
—
1961
assented
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1940
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s
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55
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95
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due Dec 1 1995
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series
4s
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conv
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30
93
■
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—
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-.due Dec 1 1995
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and 33/s% contingent interest)—
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38
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1963
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88
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1957
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s
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J-J
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to
to
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6
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July 1975
ser A
and
agreement)
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A
V
(ass'td
ASmall
A6s
Baltimore & Ohio RR—
—
J-J
<
8
59
64
40
103
■
72
52
1037a
Volume
170
Number 4827
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(513)
29
NEW YORK BOND RECORD
RANGE
Friday
BONDS
> Interest
« Period,
■•>
,
.4
;
New York Stock Exchange
1987
Last
or
Sale Frice
1987
>
A4s
registered
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Bonds
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1st & ref
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Power
3%s
ser
B_
General
&
Ref
&
R
Div
1st
consol
gold
cons
gold
&
1st
&
ref
1st
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ref
ref
4%s
1996
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inc
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;
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108
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%
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5
__
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'v.;.-;
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1951
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103
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48
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88
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36
86
1963
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78
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1970
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95
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1950
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6
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1963
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L
103
77
....
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1951
gold
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14
__
1951
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•
100
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__
85
1951
gold 3s
103
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__
'
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;
70
101%
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103
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—
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*35
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lines
103
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1955
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93
73
72
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B
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J-J
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—|
—
66
59
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60
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26
67%
32
53%
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RR—
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series
J-J
,_1956
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67
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61%
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67 Va
8
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62
24
97
M-N
L.1976
—
97
1
66%
67
100% 100%
va
53%
60%
67%
71
100
97
13
64%
4
96%
77
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K
xxanawha & Mich
Kansas City
79
Power & Light 2%s—1976
-
1st mortgage 2%s
Kansas City Southern
-1978
Ry
1st
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-
1
unguaranteed
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♦75
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96
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1
10043
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104%
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15
103%
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1968
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25
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1974
Kentucky Central gold 4s
1987
Kentucky & Indiana Term 4%s__-1961
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-
—1975
1st 3s__1950
mtge 4s ser A
3%s series B
Kansas City Terminal Ry 2%s
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1966
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ref
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48
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1951
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78
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__
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A
1977
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1973
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50
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1961
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99
♦178
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1959
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103%
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98
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108
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108
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184
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101%
1
15
%
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114% 117
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1970
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set
103
•; •
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..,
50%
fixed
int)
debentures
iootnotes
♦103 % 104
v-a
1951
Indiana 111 & Iowa
52
29
26 Va
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95%
47
79
80 %
J-D
:
Joint
101%
(4%%
series H
23/4s
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—
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99
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99
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102%
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20
_1993
61
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J-J
74
101 Va
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!
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106%
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1963
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tr
95%
j-j
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106%
2
1993
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—
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3
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97
72
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98 »/4
1965
due
101%
1
71
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1999
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101%
1965
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103%
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-
1976
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1975
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1978
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7
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102% 102 %
J-J
1969
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finance
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1-—-11969
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1978
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1975
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9
1946
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67
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1
97 %
67
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105%
13
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1946
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75
23
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.
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103%
•
104%
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1st
Util
Refunding
D
N
States
»-» O CO
106
*__
103%
J-D
Dayton Pr & Lt 1st mtge 23/4s
1959
:
Collateral trust 3%s_.
98 Va
J-D
1942
rets
series
♦__
97%
2
Feb
A
Gen mtge inc 4s ser B
101%
__
105
M-S
1952
1st mtge 3s series A
Dayton Union Ry 3y4s ser
Deere & Co 2%s debs
4s
ref
J-J
90
Feb
mtge inc 5s ser A
1st & ref 3%s seris D
100
103%
108
109%
J-J
_1966
§A6s series B deposit receipts
Delaware
&
Ohio
J-J
1961
Gen
101%
105
A-O
1975
1st 5s gold—
L;suj.o
ctfs
Greyhound Corp 3s debs
50%
.
§ A Deposit receipts
§A7y2s series A deposit
1st mortgage
R___
98
J-D
1965
5%s
100
J-J
1968
27/8s
debs
mtge 3y8s
Northern Ry
§ A Deposit receipts
RR
23/4s
1st mtge
§ A Cuba
ACuba
<4
ser
101
M-N
1963
Natural
Baking
100%
Af-S
1972
debentures
Consumers Power
Crucible
ser
2%s
Bay & West deb
'•ADebentures ctfs B
111
A-O
Continental
2%s
mtge
93%
101%
York—
J-D
Consolidated
mige
39%
*102%
1972
conv
90
Gen
,1st mtee 3s
--
1999
1977
3s
94
86%
90
1UU%
103% 106 %
E
97
92%
*__
Illinois Central
__
J-D
ser
93
J-J
106%
15
__
F-A
1982
mtge 3s
8
J-J
103%
—
*106
1978
1st
& ref
123%
118%
94%
93%
1982
98 Ve
*101% 101 %
F-A
D
120
116
123
101%
102
•
—
*102% 103%
M-S
C
1
1
2000
61
110%
26
117% 117%
P
JMODlle
108%
%
123
O
10
44
1977
ser
108 Va 108
j-j
ser
37
1051/4 105%
1970
3y4s
108%
101%
J-J
ser
Gulf
87
99%
J-J
2%s
GUll
82
4
65
Gen
105 %
104%
195
100% 101
1
New
83%
101 %
/3
J-J
Hackensack Water
96%
.—
104% 105%
•
A-O
& ref mtge 2%s ser A
1st & ref mtge 2%s ser B
1st
59
_1952
ie
Hocking Valley Ry 1st 4y2s
104%
6
N_;
series
65 %
104%
1976
,
D
62%
104%
6
—
105% 106
4s__1955
f 33/4S A
Af-N
3 Vas
Purchased
3y4s
1st extl
B
c
series
68%
78 % ,.87%
•:
■
83
101
M-S
mtge
1st
1st
3s
102%
-
1974
Cigar Corp
ref
45%
♦104
•»«*
101%
*11
series
aenea
4y>s
50
__
A-O
5y2s
oa
54%
42
106%, 106 %
*106%
A-O
.
'
1972
Ry & L 1st & ref 4%s
&
104%
103
45%
Co—
■
—
61%
F-A
1961
Co—
1969
1st mtge 2%s_1965
A Ad
mtge 3s series L
1st
102%
M-S
86%
79%
60%
1973
mtge 23/4s
99%
101%
—
48%
48%
M-N
1956
Co
AGreen
Commonwealth Edison Co—
ref
♦102%
mtge
83%
53
1990
debentures
&
25
105%
■
Gen
System, Inc—
of
81%
72
57
102% 103
J-D
1990
96
79
'
99
J-D
J-J
1991
4s
debentures
Edison
Af-N
M-S
deposit
N
Corp—
Consolidated
of
ser
Ry—
Consolidated
1961
1959
_1974
3 Vas
Electric Corp—
s
*100
mtge
111
3
•
69
*__
i
M-S
Conn River Pwr
M-S
Gen
1st
5
■
81 Va
1977
1st
1971
Conn
1971
Rv
General
'
gtd 4VS»s_
debentures
mtge
(B F)
General
1021/4
J-J
1974
debentures
f
3y4s
9
83
*99
Northern
Great
102%
A-O
s
106%
G
103
103 % 104%
1964
1st mtge 3s series
Af-S
General Realty & Utilities Corp—
A4s conv inc debs
:
aV.'v-',
•
104%
_1969
mtge & coll tr 4s
1st
1st
ACertificates
72%
102%
103%
Af-N
3s
61%
81%
Gen
M-S
2%S—1975
trust 4s
Ohio
81%
.Atf53
Francisco Sugar coll trust 6s
80
—
v..
1980
Sou
61
61%
H
ref 5s series A
General
5
75%
103% 104
(stamped modified)
Toledo
G—
ser
2s ser
nuge
Div
A 1st &
102
*
A-O
Columbus &
3yas
J-J
Jan 2015
.
101%
J-J
A-O
Columbus
mtge
A_
ser
ser
Firestone Tire & Rub 3s debs
tFlorida East Coast 1st 4y2s
98%
8
J-J
1973
&
cons
Ohio
103%
'
....
101 % 101%
75
88%
49
v
1963
1977
Gas
91%
107%
102 %
91%
*99% 101%
101%
106
11
*102% 104
J-J
mtge 4y2s series C
Gas
105 %
101%
1
103%
86%
—
% 107%
90%
J-D
1951
107
1993
Iron
mtge 3Vns
cons
Goodrich
J-J
1951
conv
96
Ry—
A.Jan 2019
Terminals
&
;
2
48%
B
Southern
inc 4%s
mtge
cons
1st
51
81%
34%
81%
47%
mtge 5s series B
Fuel
103
*103
87
60%
48
1978
1st
103
J
105
120%
78%
60
Apr
Jan 1 1999
ser
coll
1st bs
110% 110%
65
1994
Div
1st
Union
&
99
1st 5s
54
1st
3s
87%
98%
48%
1st
3%s
79%
94%
120'/a 120%
60
J-J
mtge 5%s series A
3%s
J-J
6
118
1st
Columbia
89 %
2000
96 Va
38%
1st mtge
Short Line
Columbia
80
1
Af-N
J-J
1st
95%
*82%
cons
75
J-D
&
*97% 102
J-J
1st
stamped
Gen
46%
1982
4%s
A-O
1990
71
1970
Colorado
1964
F
98%
32%
1st mortgage 3s__
:
Cleveland & Pittsburgh RR—
Series D 3y2s gtd
:
Colorado
E
1st
5
1994
Mich
&
Div
Cleveland
1st cons) mige 3%s ser
101
5s
(NY)
Erie Railroad Co—
1
Cleveland Electric Ilium 3s
Cleve
111%
66
impt 4%s series E
Louis
111%
37
Orleans 5s
series
5s
Wab
A-O
52%
Cleve Ciri Chic & St Louis
Ry—
General gold 4s
&
A-O
43%
City Ice & Fuel 2%s debs
City Investing Co 4s debs
Cin
112%
.1965
52
mtge gtd 3%s series E
mtge 23/4s ser G
Ref
110%
49 V2
.1965
42%
2%-4%s
General
102%
El Paso & Southwestern
8
Cincinnati Union Terminal—
'U
100
122V2
52 Va
mortgage 2%s
1st
14
110 %
42%
1st & ref 4y4s series D
1st
101% 102%
*105
72
__1989
Wgst'n Indiana
•
*146
J-J
:
4y2s
100
46
Af-8
Apr
1st mtge 3'/a8 series F
1st mtge 27/8s ser G
1st
F-A
i_1977
89 %
97%
45
M-N
99 Va
Chicago Union Station— #
Cine Gas & Elec
Duquesne Light Co 2%s
88
20
%
J-J
34%
Chic Terre Haute & S'eastern
Ry—
1st & ref M 23/4-4y4s
1994
Chic &
49
—
.1995
Apr
Gold
Income
100
49
1976
.1956
72
1956
3.%s
Memphis Div 1st gold 4s
T-"'
100
B
ser
debs
105%
.1970
33%
J-J
& Pacific
New
♦89 %
J-J
2.35s
73 %
71
96 %
gold 5s
96
J-J
mtge 4s series A
AGen mtge conv
vv;v
M-S
19
East Tenn Va & Ga Div
Jan 1 2044
B
ser
99
Elgin Joliet & Eastern Ry 3%s
RR—
4%s
Chicago Rock Island
%
Ed El 111
A__Jan 1 2019
ser
98
Af-N
1961
106%
1M-N
Jan 2003.
B
ser
64%
129 %
J-J
Jan 1983
4s
67
109
9
J-J
A
•—
109%
11
Va
J-D
High
66
102 Va
99%
F-A
67
109%
—
111%
F-A
♦65
i_1995
:
J-D
J-J
Chemical
Jan. 1
Low
1995
__i._1961
Dow
Range Since
Sold
No.
118
__
109% 109%
F-A
4s
Bonds
High
102V2
v.
104 %
v.
127
Chicago & North Western Ry—
3s
122%
97
J-J
Range
Friday's
or
Bid & Asked
L05%
8
*121
Period
101 %
5
*109%
j 101%
100
—
129% 129%
J-J
A
Pac
4y2s inc
conv
mtge
99%
103
20
v
1994
mtge
1st
Det Tol & Ironton RR 2%s
19
1988
mtge 4s ser A
Gen
1st
":';
„
*101 % 102%
J-J
1982
A
Southern
St Paul
mtge
49%
:104%
102% 102%
Jan 1 2038
ser
4%s
2nd
j
w
*101%
r
tSADul So Shore & Atl gold 5s____1937
,,Y_
1985
ser
mtge 4y2s inc
Milw
58
,
.104% 104%
Louisville Ry—
&
Chicago Indiana
Chic
,
-v
1997
B
mtge 4s inc
A2d
Detroit Term & Tunnel 4%s_
gold
1st
5s
mtge 4y2S
Chicago Ind
70
102 Va
< r
A Second
'•
J-J
-1970
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
AGen
48
49%
269
Detroit & Mack 1st lien gold 4s
RR—
conv
ser
78
101% 102 %
1985.
111
inc
mtge
49 %
»
-.
.
...
802
102%
1977
mtge 27/8s_^
57
•
y
>
Low
78%
3-D
1989
mtge 3% s
53
<
Week's
Last
Sale Prioe
High
49%
F-A
.
..1973
B
63
M-N
■
4s_-_._.
series
59
MS
1989...
Chicago Burlington & Quincy RR—
General 4s
1958
1st
6i y2
J-J
1996
4s
791
F-A
1992
imp M 3%s series H
63
Low
<•
.
Interest
»
New York Stock Exchange
•
F-A
1968
gold 4%s
A
&,
2d
>.'/;■
xaoo
6a
Impt M 3%s series D
impt M 3%s series E
Ref &
..
1974
Champion Paper gl Fiuie ueu
Chesapeake & Ohio Ry—
Ref
A-O
/
•
A
3%s
mtge
ser
58%
BONDS
"Jan.1
No.
Q-J
..
im*
js_
Ry Co—
'
Range Since
Sold
(
High
J-J
.
—1987.
—
xbra
ive«
Central
"
..
1987
AUGUST 5
Friday
Friday's
Bid Hi Asked
6i y2
J -J
Q-J
ENDED
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Low
tACentral of N J gen gold 5s
A 5s
registered
■„* A General 4s
WEEK
FOR
101
109 Va
1st
mtge s f
3%s st A
,_1968
J-D
116
Monday, August 8,-1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
(514)
NEW YORK BOND RECORD
FOR
RANGE
Friday
-BONDS
New York Stock Exchange
or
Sale Price
FerM
Lake 8h ft Mich Sou gold 3%s_
3%s registered
Lauutro
A
Nitrate
—
t
.1970
-IfM
stamped
5s stamped
stamped
A-O
Lehigh Val Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4%s extwl950
Lehigh Valley RR—
48 stamped modified
2003
Gen cons mtge 4s ser A
4 Vis
C
74
75
72%
568
1
w
33
36
50
30
34Vi
39
197
32
40%
43
35
35
49%
52
50
52 Vi
42
50
52%
54%
56
53
54%.
56
35
tt-n
Jf-N
.
12
31
60
15
56
27
29%
32%
30%
Lehigh Valley Terminal Ry ext 5s_195l
Lexington ft Eastern Ry 1st 5s
1965
1951
1962
M-2V
1952
1951
r-A
106% 106%
104
108%
J-D
Lorlllard (P) Co deb 6s
123%
106%
106% 106%
Lucie Miami gen 4s series A
ALombard Electric 7s series A
103
1963
A-O
US
102%
1st & ref M 2%s series Q
1st & ret M 3%a ser H
8t Louis Dlv 2d gold 3s
2003
A-O
80
80
80
2003
A-O
99%
99
99%
1980
US
*90
Atl Knox ft Cine Dlv
1951
Jf-N
Northern
Gen
104%
108'A
4s
10
76%
83%
20
97 %
99 %
92%
92%
93%
•108% 108%
107%
109%
trust
Northern
(Minn)
Maine Central RR 4%# ser A
2
87 %
4
85
61
61
*99% 100
97
•102
/-D
US
Sag 3Vis
US
100
1979
3-9
108
us
*98%
us
Missouri-Kansas-Texas
Prior
lien 5s
Prior
4s
lien
ACum
series
series
A-O
*45
A-O
106%
tMlosouri
A 1st &
Pacific
RR
A
1st
ft
ref
5s
A
1st
ft
ref
5s
A Conv
.
ft
ref
series
A 1st
ft
ref 5s
series
i«>uun>
<b
41-
77%
n
73
85'A
64%
65
5
64
69'A
59
60
7
59
A-O
67%
16
59
87
46
75%
88%
45%
47%
415
37%
47%
85%
87%
307
75 %
88%
1971
US
87 Vi
86
87%
125
75%.
88%
us
25%
24%
25%
219
20%
27%
87%
»
1991
1966
F-A
US
series
•
2000
us
1971
88'A
75%
88%
50%
62%
~4
104 %
103'A
A-O
54%
102'A
50%
58%
70
16
73
*71%
69%
14
65
96%
8
91
Naugatuck
New
1st
gold 4s
gtd 4%s
T"I
series
100%
.
83
93%
Light
New Orleans Great Nor
5s A
New Orleans ft
»uxuu.»*<.e.'L
series
B
A Certificates
Alst
A
5s
series
Certificates
Alst 4%s
A
series
5Vis
deposit
Certificates
of
ft
impt 4Vis series
lmpt 5s series C
*101% 102%
i
mtge
US
104%
101 %
104%
& ref
3s
series
N
—1977
3-D
11
101%
ft ref
2%s
1981
J-D
1980
3-D
102%
101% 102'A
Y Dock
1st
ref
&
M
Tel
3%s
ser
R
1982
106%
'
debentures
1986
A-O
3'As
debentures
1971
3 %s
debentures
1981
102'A
103%
99%
105%
93%
58
99%
3
95%
101%
3
100%
104%
106% 106%
14
US
*104'A 104%
J-J
Pennsylvania-Central Airlines—
A3Vis conv income debentures.. 1960
100% 101'A
104% 104%
US
1st s f gold 4%s—1955
111
&
104%
100
98%
30
*105'A 105%
98 %
105'A
95
3
99% 100
A-O
1987
104%
104
3-D
debentures
*104%
104%
A-O
64%
62%
103
106%
100%
104%
104%
—
104'A
52
69%
102
104%
103
123
65'A
103'A
Pennsylvania Co—
Gtd 4s serier E trust ctfs
1953
Pennsylvania Glass Sand 3%s
1960
J-D
1975
A-O
104
103
1965
A-O '■
102%
102% 102%
Jf-N
104
*103
*100
—
Pennsylvania Power ft Light Co—
1st
3s
mtge
debentures
f
s
3s
Pennsylvania
Cons
1960
sinking fund 4%S—
General
4%s
General
5s
General
4%6
Gnn
series
A
99%
9
100%
102%
104
series
99%
3-D
101%
D—
1981
.1984
3'As
116
106%
96%
110
90
89'A
90'A
69
85%
101%
90
88%
90
41
84'A
101%
99'A
99%
66
98% 102
77
77'A
13
109% 113%
198
A-O
1985
J-J
J-D
1960
F
95 %
80
A-O
1963
series
113%
146
98%
J-J
1952
3'As
mtge
J-D
series X.
4'As
40
99%
100% 101'A
114% 115
1965
1961
B
series
mtge
deb
46
104
RR—
debentures
conv
&
Eastern
AIncome
ext
4s
99%
77%
A-O
53
Apr
12%
1974
F-A
1980
M-a
75
87
1974
i
2%s
ft ref
ref
2%s_^
v
103% 103%
101% 102
ref
2%s
1974
103%
'. '.1st &
ref
2%s
106'A
:.lst
ref
27/»s
75
;
&
f S'A Philippine
Tff
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96
....
99
102
116%
3
107
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.
106%
110
23
104 %
106%
99%
101%
100%
103%
99'A
102'A
99
__
102% 102%
A Certificates
Pittsburg Bessemer ft L Erie 2%s
Pgh Cine Chic & St Louis Ry—
103 Ve
105%
100%
104
•
of
88
—
■-
95%
93
88'A
95
J-—
-
J.
85'/a
92
92
97%
93
95
50
61%
52
;
102
2
.
—
66%
Cons
;
*
mtge
5s
3%s
_
101%
10
10%
44
7%
9'A
22
7%
6
101%
99%
*102% 108
J-D
-
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Jf-N
-
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■-
97:
12
103%
10 '/a
10
103%
,
105
•
99%
107%
series B.
_
series ■
*105%
105% 105%
*103 %
k
F-A
103%
103%
1953
F-A
*108'A 111
108%
113%
1964
Jf-N
*109%
110
114%
Pgh Cine Chic ft St Louis RR—
Gen mtge 5s series A
—1970
mtge
-
10
;./98%
1953
gtd 4%s series J.
Gen
F-A
103% 103%
~
Cons gtd 4s series GCons gtd 4s series H_
Cons gtd 4%s series
Gen
«».■
..
10%
J-J
14
102% 102%
103%
deposit
Cons gtd As-series F
102'A
102102
1990
( :
—
88%
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F-A
-
1964
.4
»
96
16
104%
114
3-D
1937
Phillips Petroleum 2%s debs
2
***Y.
A-O
61%
10
8
1st • f 4»
Ry
101 Vi
12
90 7A
—
50
34
101% 102
104% 105 %
US
1971
98
89%
>90%
113%
103%
107
US
•
1981
103%
—-
-
101%
J-D
1967
ft
9
1
93
5
—
J-J
1971
ft
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103%
100
93
12%
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J-J
1977
1961
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75
*104% 105%
A-O
1
12%
7 F-A
B—
series
103%
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J"J
53
53
106%
ft Wash RR Co-
Bait
104 %
'
100
113
Apr 1990
4s
118
99%
106% 106%
F-A
54
53%
54
A-O
56'A
55%
56 7A
155
x
85
>
A-O
62%
61%
62%
86
59%
73
J-J
74
71%
74
78
68%
81%
J-D
-1975
.
.
.
.
.
.
99%
A-O
...1978
Pittsb Coke ft Chem 1st mtge 3%8.1964
99 %
98
1
98
--
99%
16
967A
107
99'A
24
97
108
—
75
99'A
99%
J-J
102 % 102%
100%
103
A-O
100
99%
103
A-O
US
*76'A
99'A
89
101%
J-J
68
67'A
68'A
13
•64%
F-A
debentures
1965.
..
Pittsburgh Steel 1st mtge 4%s
1955.
ft West Virginia Ry—
.
81%
92%
1981
j-D
83'A
83'A
1959
A-O
*83'A
84'A
81
92
•1st mtge 4%s series C
—1960
Pitts Youngstown ft Ashtabula Ry—
1st gen 5s series B
1963
A-O
*83'A
85'A
80%
92
F-A
*107%
107%
109
1st mtge
4%s series A
*
54 Vs
55
:
75
B
52
61
F-A
51
50
56%
1st gen
5s series C
1974
3-D
1991
F-A
*52
53%
50'A
60%
1st
4%s series D
1977
3-D
49%
58
'••94%
99
"Vv..
1991
B
100
Pittsburgh
1st mtge 4%s series
F-A
*50'A
55
.1980
3-D
98%
99
——1986
**
105
3-D
1985
2%s debs
Tel
ft
*106%
3-D
1998
F
poM
series P
117
1991
3 Vis
A-O
94
94
94
lvia
A-O
b8%
88'A
88%
"
»-J
New York Chicago ft 8t Louis—
Ref L'tge 3%s ser K
N
105
13
Philadelphia Co coll tr 4%s
Philadelphia Electric Co—
7<w
ser
103%
104% 104%
102
1997
Connecting RR 27As
~6
104'A 104%
104%
3'/as
3%s registered
ser
104%
A-O
Pittsburgh Consolidation Coal—
Mich Cent coll gold 3%s
3Vis registered
1st mtge 3s
9o%
103
2013
—
N Y
95
3-D
101%
*103%
—1991
A
3Vis
3%s registered
Lake Shore coll gold
*99% 100%
■
104%
—
Ref ft
2013
N Y Central ft Hudson
River RR—
General
99
F-A
3-D
16%
104%
1979
5s
—-
New York Central RR Co—
Cons 4s series A.
Ref
96
>-» o o
series M
gold 4%s series C
1985
deposit
100'A
13'A
3s
'
1984
7
9
*99
105%
General
9S
deposit
A
13'A
104% 104%
A-O
101%
General
J-J
10%
J-J
M-*
20
Phila
-
D__.
of
series
107
104'A 104%
100 Vi
'"J
>
105%
104'A
105%
F-A
*-•
deposit
1
J-D
104
18
.
—
1974
98%
33
—
US
L
104
117% 117%
_lt86
of
Certificates
Alst
A
of
C
1(^6%
97
series
103%
104
1964
106%
97
—
3s
105
.
5s
101%
& ref
14
INew Orleans Texas ft Mexico R*
A 1st
•_.
106%
Peoria & Pekin Union Ry 5%s
Pere Marquette Ry 3%s ser D
99%
117%
1953
99%
100%
102%
10
v
Ref ft Imp 4%s series
A.._„
New Orleans Term 1st
gtd 4s_
12
102%
104
*98%
104%
:
98%
98%
__
—
106
104% 105
1983
"
—
101
100'A 100%
A101%
9
104
1974
*•».
*100
A
12
1st
3s
95
103%
105'A
Paducan
89%
101%
'
*
1986
95
95%
104'A 105'A
105
-r-MS
-
81
153
105%
104
3-D
US
Vis__._1988
83
9
98'A
100%
1960
A-O
1
12
87%
3-D
3%s series 1
A-O
1974
88
87%
96'A
1978
103 %
*104% 105
1982
New Jersey Bell
Telephone 3
N J Junction RR
gtd 1st 4s
New Jersey Power &
-
98%
101% 101%
1961
debentures
3s debentures
87%
87%
27/sS
104%
Co—
B
3s
61%
88
3-D
Peoria
..
64%
54
72%
5
1971
3s
*83%
1954
__
78
Peoples Gas Light ft Coke Co—
1970
England Tel &
1st
i
RR
58%
*57
77%
101%
98'A
88
3 %s
96%
*104% 105%
9-D
-
,
77%
106%
94%
56'A
1970
1st
75%
96 Vi
...
Nat'l Distillers Products
3 Vis debs_1974
National Steel
Corp 1st mtge 3s
1965
National Supply 2%s debs
1967
21
60
61%
series K
Pacific
Nashville
-
61%
97
3s
Gen
debentures
,,34
1st
81%
69 Vi
C9%
N
3s
107%
100% 101%
& ref
C'onv
Chattanooga ft St Louis—
let mtge 3s series B
1.1986
National Dairy Products
2%s debs_1970
105
85
1st
104%
101
54
54%
us
1986
Mountain 8tates Tel ft Tel
2%s
3 Vis debentures
75%
203
55%
104
US
1955
32
87'A
*101%
*-tj
1955
B
87
87%
86
US
.«o«»
86
*53
A-O
1981
B
112%
1st & ref
80%
86
59%
87%
ueus
129%
112
1st
70%
68
gtd 4S—
ds
oo
72
128
—
1st
74%
F-A
1980
10
—
'
1975
1st ft ref 3s series J
53%
66%
47%
Morris ft Essex 1st
gtd 3Vis
Constr M 5s series A
Constr M 4Vis
*5o
7 7
69
77
J-J
I
1st
75
—
112%
1975
3Vis
mortgage
1st ft rei
87
79
44
US
H
109%
Pacific Gas ft Electric Co—
62
102 Vi
—1949
A
Monongahela Ry 3V^s series
Morren
105%
101 Vi
m-o
G
ser
gold 5s series
Mohawk ft Malone
100
49
1975
F.
104 %
108'A
106%
108%
98
..1977
...
75
101
101%
•109
101%
Oregon-Washington RR 3s ser A—1960
Co—
series
gold 5 Vis
A 1st
77%
J-J
1965
62%
97%
103 %
81
102%
49
68
J-J
1978
ref 5s series A
General 4s
100
105%
84%
J-J
1962
D
22
1974
1st mtge 3s
mtge 2%s
Oklahoma Gas ft Electric 2%s
RR—
4Vis series
A
3
__
43 *'
44
J-D
adjust 5s series A—Jan 1967
46%
35
14
102
66
50
108
J-J
1962
33
o
1st ft ref 2%s series Q
A
97%
28
62%
*129%
1979
Ohio Edison
99%
*102
B
107%
1979
102%
2
105% 105%
Minnesota Mining ft Mfg 2%s
1967
Minn Bt Paul ft Sault 8te
Marie—
1st mtge 4Vis inc ser A
Jan 1971
AGen mtge 4s inc ser A
Jan 1991
Mo Kansas ft Texas 1st 4s
1990
40-year
71%
71%
US
~
104%
106%
75
75
61
100
1969
1940
63'A
108% 109 %
—
1977
103
10
100
3Vis.l969
ext 5s
5
'
15%
62%
lOgdensburg ft Lake Champlain Ry—
5 a 1st guaranteed 4s
1941
103 %
33
*99
us
1969
I!AMidland of N J 1st
;
101% "i
Telephone—
100%
__
106% 106%
1952
1st mtge 3%s
Bell
100%
102%
♦102%
A-O
—195.1
11%
2%
35%
*106
1974
debentures
1st
1st gold 3 Vis
Ref & lmpt 4Vis series C
Michigan Cons Gas 1st mtge
1st mtge 2% b
50
53
*100% 101%
-
100'A
Michigan CentralJack Lans &
1
6%
.
35
-—1971
1st
1988
98%
V
917/s
•~
5
♦14
.1978
,M.,
mortgage 3s
3 Vis
25
Co—
Power
mtge 2%s
Northwestern
98
33
•
i
95
85
US
Corp 1st mtge 3s
1960
Metropolitan Edison 1st mtge 2%»-1974
Michigan Bell Telephone Co—
87%
85
J-J
Mead
87%
US
(Southern Lines) 4s—1959
May Dept Stores 2%s debs
1972
_
3
3-D
Manila RR
debentures
68
68
3-D
1960
1st mtge ft con 4s ser B
1954
Manati Sugar 4s sink fund—Feb
11957
3 Vis
1st
100% 101%
67%
71 Vi
10
101% 101%
101%
48'A
96
197B
mtge 3s
(Wise) 1st mtge 2%s.
M
US
1971
69%
•
3%
104% 104%
2047
2047
2047
2047
A_
1st mtgo
(R H) ft Co 27As debs
56
9
1997
1st
Mac J
J
101% 103%
-
Jan 12047
4Vis
1st
72%
81
33'A
1974
3s
States
274
-
•
registered
Coll
187
39 Vi
53
•
1997
Ref ft impt 4%s series
Ref ft impt 5s series C
Ref ft impt 5s series D
94
u.
61%
3Vi
xe i*
os
4s
lien
100
71
;
*104% 105%
registered
General
•
101 % 101 %
108%
Pacific Railway—
lien
75
62%
Ry Co—
4Vis series A
& ref
Prior
100
95 -
67
59%
'I 7%
-
3 Vis.
Power
Central gen ft rei
Northern
os
87%
•89%
39%
AGen mtge 5s conr inc
2014
Norfolk & Western Ry 1st gold 40.1995
US
A-O
Falls
Norfolk Southern
108'/•
106%
106% 106%
106%
50%
106%
104
—1966
2003
103
26%
ft Elec 3 Vis
1st ft ref mtge 3s
Louisville & Nashville RR—
1st ft ref M 3%s series F
1971
74
120
•122
A-O
A-O
1943
1982
1971
5s
Ref mtge 3 Vis ser E
Ref mtge 3s series F
Niagara
61
67%
67 Vi
A-O
Liggett ft Myers Tobacco 5s
—
gold
1st
Telephone 2%s ser D
Y
100
-
-
38 Vi
-
48
§ATermlnal
N
High
100
99Vi
•101% 103
Western *u*— •
1937
SA2d gold 4Vis
1937
lAGeneral gold 5s
1940
32
30%
61%
May
IN Y Susquehanna ft
f A 1st refunding 5s
32%
32
.
60
68
117
*32 Vi
4s
42%
'
29%
2003
debentures
46%
59%
29 Vi
2003
Louisville Gas
40
.
27
2003
2003
,
36
•
30
.V
Jan. 1
Low
100
no.
~
—.1955
2%S—197$
N Y & Putnam 1st cons gtd 4s
1993
N Y State Elec ft Gas 2%s
1977
N Y Steam Corp 1st 3Vis
1963
A General
74
Range Since
v-i
96%
-
Bonds
Sold
High
—a-
^rr-,% 66Vi
us
-1054
June 1992
IAN Y Oct ft West ref 4s
-*94
%
-2007
i
*100
<
N Y Power ft Light 1st mtge
41%
32%
m-h
36
5
Vi
35
38%
35
A 5s series F w i
3s
70%
60
2
4s
1st
93
56%
46
65 Vi
aa—
A
1st ft ref mtge 4s ser
96%
74
3
67 Vi
66 Vi
nuUviu
xx«««u
.new
x
—
a
Jf-N
AGen mtge conv inc 4 Vis ser A.2022
Harlem River ft Port Cheater—
.
101%
78
3
"
A4Vis series E wi
v
99 ya
85 ">
A
■W
J-J
1973
4 Vis series B
91%1 97
1
64%
67 Yt
J-J
2003
A 4s series D w i
y-jy;
100
847/i
M
'
93%
Jf-N
1
w
92 Vi
*98
M
„
88
2
Friday's "
or
Bid ft Asked
J-J
'
90%
US
series B wi
5s series
■
74%
Week'a Range
Last
Sale Price
low
Jf-N
gold 3Vis.^^
.2000
Mtge 4s series A
..———9043 .
Mtge 4s series B
..Li
.'.2043 N Y Lack & West 4s series A-1973N Y ft Harlem
96 Vi
2003
—2003
—2003
2003
modified
stamped
-
"
-
2003
4s registered
4%s stamped modified
4Vis registered
5s
92Vi
2
F-A
.1974
—
91 Vi
P-A
.1964
5s
j
iJ91 Vi
.1971
81
10
Ltd—
Co
Lehigh Coal & Navigation Co—
8 F mtge 3%s ser A
Lehigh Valley Coal Co—
5s
"
89
Period
New York Stock Exchange
v
High
Low
NO.
82
82
f/'.
Jan. 1
Interest
-A
„■* BONDS
Range Since
Sold
High
*83 Vi
-
1st mtge Income reg.
Friday
Bonds
Friday's
Bid ft Asked
Low
*
ENDED AUGUST 5'
Week'* Range
-Last
Interest
■"»
WEEK
28
—
gen
Pittston Co
Potomac
37
v
,lV..
5%s inc debs
Elec
Pwr
5 / i!. 90'A ,k94
mortgage 3%s
1st mortgage 3s
4
1st
85%.
91%
mtge
1964
1st mtge 3%s—1966
1st
2%s
Tfmln*'
3-3
J-J
1977
P-A
lq83
J-J
Jf-N
«f-
100
—
100
106'A 106'A
*108
108'A
103'A 103%
*103
*__
99%
106
100%
107'/«
106%
108
102
103%
—
99%
99%
99%
;
Volume 170^ Number 4827
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(515) ' 3ft
NEW YORK BOND RECORD
RANGE
j
Interest
BONDS
New York Stock
Exchange
^
•
V Friday
Last
Period
or
Sale Price
rel mtge 3Vea-.
1st &
1st
ft ref
M-N
*■
3-D
.108
J-J
J2037
&
1st
&
ref
mtge
1st
&
ref
mtge 2%s—
ret
8s—
mtge
108%
8,
C
107%
'
Texas
.146%
148
215
220
:—1*72
1-979
-M-'fi
,*106
Vr
:
J-D
225
,,106
r'
1U4
103%
100%
25
luo
103%
1
>4103% 103%
BONDS
M
.t
Week's Range
Interest
Last
Period
,?•
Sale Price
or
,.
j
,
102 ya
•
Friday's
.
>
Range Since
Sold
High
J-J
20%
j-JJ
Tol ft Ohio Cent ref-ft impt 3%s—19o0.
49%
A-0
JThird -Ave Ry 1st ref 4s~
.,--1960
A Ad J income 5s—
——Jan I960.
Jan. 1
No.
Low
High
94
100%
—
46 %
50%
94
252
41
21%
,18
340
16%
94
2
"
MS
1961.
Tri-Continental Corp 2%s debs
•101%
J-D
Orleans 3%s__1974
RR of New
Bonds
Bid & Asked
Pacific—
Pacific-Missouri
Term
109 %
*147%,...
i»217
V-r
J ;
New York Stock Exchange
,
101% 104%
4*
1
*:T;:;
*:
Low
.
1st
AUGUST 5
High
>
-;J.33
104% 104%
3-J
.2037
mtge 3ft.
;
'
.1963
debentures
Low
.f
.
Jan. 1
No.
High
/.
Range Since
Sold
Public Service Elec ft Q&i Co—
3s
WEEK ENDED
Friday
Bonds
Friday's
Bid & Asked
Low
'"■?
FOR
Week's Range
102
71%
453/4
94
*99% 100%
98%
>
102
100%
U
deb—J
Quaker Oats 2%s
1964
.
*102
102%
Jf-N
Union Electric Co of Mo 3%8——1971
'
3s
R
Reading Co 1st ft ref 3%a eer D. .1998
Reynolds (R J) Tobacco 3s debs. .1973
Rochester
Gas
ft
If-N
89
90%
90%
39
105 3/8 1053/a
A-O
2
,
85
2%s
93%
102%
Gen
mtge
.1977
M-S
Gen
mtge
3%s series EL
.1967
M-S
Gen
mtge
3%s
.1967
M-S
mt.ae
3%s
r-™
series
X A Rut-Canadian
tSARutland
I—
J__
RR
.1969
4%s
117
—
MS
1966
A-O
1976
Jf-N
S
series
2Vis
mtge
C
2%s debs
Rubber
104%
27
993/4
101%
1003/4
102% 1023/4
1991
Ref
118
101
103%
103
~2
103 Va
'
debentures
U
—
110
*953%
91%
102
93%
25
93%
94%
99 Va
963/a
*101
93%
101%
943/8
93%
—
*106%
II
*8
J-J
-1941
stamped
F-A
99 Va
100%
101% 101%
101%
J-D
1976
108%
2
__
103% 104
1970
Pacific RR—
21
100% 100%
*103%
J-J
—1967
deb
3s
109% 110
M-N
United Biscuit Co of Amer 2%s
•118 %
MS
-1949
stamped
*s
Calif
of
debentures
Union
105%
2%s
Corp—
4%s series D
series
Oil
109%
A-0
1988
debentures
Union
Elec
1975
coil trust 2%s
1st mtge ft
10
3-J
93/4
7%
9%
3
A1967
A-n
*96
1959
debentures
Jf-S
*80
Universal Pictures 3%s debs
10
8%
'
mmrnrn
2%s
106%
1053/4
'
100 Va
96
96
75%
80
12%
V
Vandalia
Baguenay
St
Lawr
2d
Power
&
gold
3s
Adlr
series
A
1971
6s
mtge 4s series A
A2nd mtge inc 4%s ser A
Louis-Southwestern
bond
4s
2d
inc
4s
Va 101 %
*—
683/2
bond
71 %
72
3
99%
99%
2
Jan 2022
(Jos
E)
1989
Sons
&
84
M-N
gtd 48
50%
49%
J-J
lOlVa
A-0
*102'%
J-J
J-J
2%s
102%
102% 102 3/a
Nor Ala
3s
Bell
debs
RR
Tel
F-A
J-J
2%s
1994
A_
1950
100
Id3/*
95
19
debs
123%
104Va
941/2
IOOV4
West Penn Power
*101 % 102 %
J-J
100%
mmmm
97
101 %
West
*71
73 Va
71%
—
Gen
1977
M-a
97%
99%
Western
92%
1st mtg 3%s ser A.1975
J-J
1961
gold 5s
J-J
2%s
&
1st
Calif
2%s
2%s
84%
94
94%
94%
A-O
1996
J-J
*103
—1951
J-J
27
gold 4ViS—2013
2%s debs
110
309% 110
86%
102%
A-O
100%
95%
107
99%
F-A
24
96
96
96%
101% 101%
J-J
J-J
*97
J-J
*99
101%
93%
99
99%
M-N
J-J
*117%
Texas
Texas
&
Orleans
ref
M
3%s
1st &
ref
M
1985
A-0
102 %
102% 102%
M-N
105%
105% 106
series
1970
B
A-O
1990
2000
J-D
Gen & ref M 3%s series E
1985
*94%
A-O
5s
J-J
Pacific
1st
gold
91%
3
*
—
91%
100%
28
S
1st
B
Central
3s
4s
6
90
91%
75
„
Wisconsin
23
86 3/«
100 Va
1013/4
98 %
100V2
Electric
deposit
101 Ji
'
97%
v'
96 %
i—J
"
99%
101%
100 3S2
<—7
-
99%
99%
1
96 Va
100
1023/4 1023/4
5
102%
104
112 Vb
113
——
*113
~
74%
J-J
.
Jf-N
Power
mm
__
—
2%s
1976
Jf-S
1971
—
1
•
J-J
v
—
—'
78
713/4
711/8
74%
36
49%
35%
46%
1
>
36%
29
■
98%
7
•V
94
74%
72
36%
J-D
1979
3 Vis
72%
72
m.
mmmm
deposit-
Service
Public
100
123
—
*97
1013/4
64%
.16
1011/4 101%
—
102
86
s
101
95Va
112
101 % IOP/4
1013/4
J-J
1949
of
mortgage 2%s
Wisconsin
99 %
-
Ry—
general 4s
A Certificates of
95%
107
107
1013/a
104%
2
98%
101%
2
98%
v":'
107
Power 2%s
delivery
sale
1976
J-J
Included
not
in
*96%
98
96%
94
the
97%
88%
97V4
Elec Lt &
Deferred
year's range,
d Ex-interest,
e Odd-lot
sale not
included in the year's range
n Under-the-rule sale not included in the year*! range,
r Cash sal#
not included In the year s range,
y Ex-coupon.
§Negotiability impaired by maturity.
JCompanies reported as being in bankruptcy, receivership, or reorganised under Section 77 of
the
102 %
94%
37
a
106
118%
99 % 100%
100.'
99
99%
104%
97
89%
mortgage
§ASu & Du div & term 1st 4s—1936
118%
18
*123% 125
1st
A Certificates
Yonkers
1965
3%s series C
&
J-J
§ A 1st
99%
2
100
63%
62
101%
102%
115%
..
RR—
1st &
1960
1st
97%
100 Va lOOVa
A-O
97
101%
*102%
2019
imp M 4s series C
imp 2%s series D
Corp 3s deb
J-J
1958
Co
^Wisconsin
101%
97
,
97%
M-S
96%
101%
28
1974
1972
1970
1967
103%
28
49%
44
J-D
52
102%
29
99%
*993/4 100 %
Jf-N
106%
41
53%
■
J-J
1073/4
109%
52%
75
1992
ft
106%
106%
1
23
74%
91
M-S
106 3/a
55%
101%
1949
Winston-Salem
100%
103%
*103% 104
96%
104
43
J-J
_19'71
Gen ft ref M 2%s series A—
308
101%
debentures
J-J
55
993/4
99%
104
99 %
7.
—
M-S
1951
2VaS
Mfg
Wheeling & Lake Erie RR 4s
110
104
100% 100%
*41
Af-N
—1973
22
108
1951
ft
'
3
«521/4
100.7
M-N
1973
98
*106% 107%
1966
debs
&
Texas
May
1950
5s
——
*1063/4 107%
Wilson
116%
79%
14
~
102 % 103
M-N
1971
&
New
Jan 2014
4%s
92
106%
-45
'
107
99%
estate
104%
5
49
55
102
87 3/8
104
533/4
A-0
2.65s conv debentures
95%
109%
Terminal RR Assn of St Louis—
Ref
Jf-S
1952
,
101%
55
Wheeling Steel 3%s series C
1st mige 3Vis series D
92%
10
—
87%
100% 101
Apr
1966
deb 2%s
debentures
Ref
M-S
5s
25/ns
983/4
107
J-J
1960
gold
13
88
104
3-D
Telegraph Co—
Westinghouse El
22
*101% 102
gold 4s
Corp 2%s debs
Co
77
A-O
debentures
Sum ay Oil
50
A-O
Southwestern Bell Tel 2%s debs___1985
3Vis debentures
1983
Swift
82
1956
series A
(N J)
82
82
J-J
Memphis Div 1st gold 5s
Oil
88
1994
6Vis series A
Standard
84
—1956
6s
gen
of
101
5
1956
gen
Oil
100
83
102
&A-
76%
99%
*-
1967
real
ft
25-year
4
88
J-J
1996
&
Standard
100%
Union
Funding
30-year
1986
4s series A
Spokane Internat
ICO
Co—
mtge 2%s series E
1st mtge 2%s series F
1st mtge 2%s series G
A
J-D
89
64Va
94%
*42
7
104
1966
Pacific 4%s inc A
Western
95'/4
122
F-A
2361
Maryland 1st mtge 4s
83
1
4
*„
guaranteed
4s
Registered
77%
101%
1st
1st
3%s
■•■■■/■
67%
96
102
2361
Shore
74%
99%
106 Va
67 Va
96
series I
3%s
mtge
75
Div
gtd
stpd
5s
4
12
80
Louis
Ltg
104% 104 %
99% 100
58
St
Co—
(subordinated)
Warren
98
123
--
5%s
90
&
76
3-D
11
88
"el
75%
75%
F-A
102
873/4
Dccel
7
101 %
95%
■
Apr
debentures 3%s_197b
conv
Baking
86%
L
103 Va
105% 105V«
Ward
Western
cons
1
A-0
Walworth Co
54 Va
SO
1st
106% 106%
1970
98%
88
gen
79
96
Jf-N
96
25
AT-M
Ry
4
10
M-N
inc series A
96
98
104
98
85%
Apr
M-N
&
85%
101 % 101 %
Apr
1969
Devel
110
103 Va
103 3/a
Jan 1981
1981
Southern
104%
1073/4
A-0
Gen
693/4
4 '/is
RR
1023/4
20
RR 1st ref gtd gold 3%s__200Q
Washington Terminal 2%s ser A—1970
102%
4Vis
Pacific
5
109% 103 3/a
RR Co—
94%
Co—
(Oregon Lines)
101%
104% 104%
A-O
1973
1
—
106
98%
W
Wabash
583/4
'
106
1
Jf-N
—1995
1st lien ft ref M 3%s ser C
Gold
1st
5s
cons
Gold
San Pr Term
•II
102
J-J
1987
Southern
J-J
102%
——■
98%
97
1979
Ry
2003
1958
G
ser
1st gtd 5s—
ft Southwest
1st
'
*123 Va
19^5
Pacific
2%s
M
107
A-O
debentures
4Vis
ref
98%
J-D
debentures
1st
&
47
1963
debentures
Southern
A-O
Virginian Ry 3s series B
128
49
Co—
2%s
Indiana
Jf-S
19R3
1979
debentures
98
J-r
2%s
Southern
100% 100%
47
1976
Tel
JT-s
—
107%
103%
100
14
65%
*95%
98%
1965
gtd 5s
&
1975
1978
mtge inc 4%s series B__Jan 1991
1st mtge 3%s series B
1971
Walker (Hiram) G & W 2%s debs_1966
64 %
65
F-A
&
*100
1063/4
127
:i
--
*100
Jf-N
92
85%
101
100%
77
Va
109%
106%
„
F-A
1957
mtge 3s series F
ref
conv
Gen mtge 4s
A-O
Southern
10
7
__
series
4s
Wesicnester
1990
Jan 2016
Skelly Oil 2%s debs
Socony-Vacuum Oil 2 Vis
South
105
26
*126
1971
2Vis
613/4
43
91%
M-N
883/4
I .46%
f
&
1st
3 %s
83
204
101% 101'%
*106%
t§ASilesian-Amer Corp coll tr 78—1941
Oil
503/4
91 %
J-J
J-D
Union
86
100
1st
39
103 % 109
J-D
1966
Shell
843/4
-
v
1st mtge 4s series A
AGen mtge 4%s series A
Seagram
84%
May
1989
ctfs
1st
J-J
4s series A—1955
B
RR cons g
s
Virginia Electric & Power Co—
1st & ref mtge 2%s series E
76
97
Ry— '
Seaboard Air Line RR Co—
1013/.
-
71%
J-J
1997
certificates
N E
&
68'/a
A-0
Nov 1989
Gen & ref gold 5s series A
1990
Paul & Duluth 1st cons gold 4s_1968
St Paul Union Dept 3 Vis B
1971
V
•
*
St
Scioto
97%
5
1955
1st
1st
101
J-J
1996
St L Rocky Mt & P 5s stamped
St Louis-San Francisco Ry Co—
St
M-S
1996
1st gold 5s
Cons
Bankruptcy Act.
securities assumed
or
127
•Friday's bid and
10134
ABonds
selling
such
by
companies.
asked prices; no sales being transacted during current week.
flat.
'
•
•
(>
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
In the
following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, July 30
and ending the current Friday, August 5.
It is compiled from the 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. '
'
:
v
;
/
.
.
RANGE
FOR
WEEK ENDED
.
.
.
.
AUGUST 5
•
:
,
.
"
'TUJ
•ij
Week's
Friday
/•••."•r.":,
e
'
,
STOCKS—
.
//■Last
-
Sale Price
New York Curb Exchange
;
Par
ACF-Brill
Motors
Acme
Aluminum
Acme
Wire
Adam
Hat
Aero
Co
Alloys
Air
Inc
Supply Mfg
Surpass Shoe
Mfg
Associates
I
1
1
Stores
J)
300
Appliance
S
Air-Way
Electric
Alabama
Great
Southern
Alabama
Power
4.20%
Jan
i
Jun
3%
Jan
:\
Jun
32%
1%
1%
500
~4%
~4%
400
1%
1 3/4
300
3% May
l3/8 Mar
~8% "8%
600
8'/8
Jun
4%
Jun
6%
5 3/a
Feb
7
1%
1%
7%
--
--
6%
6 V2
300
Jan.
5
1%
1
>
Alaska
Alles
&
Airlines
Fisher
Jan
f
American
Internat
Allied
Products
$3.75
Co
of
America
cumulative
Aluminum
Goods
Industries
50
Class
4%
4%
5%
4,300
Cities
43%%
Mar
92 Vs
Jan
$2.50
97%
Aug
American
Hard
Feb
Apr
American
Jan
5'/a July
American
2%
Feb
3%
Apr
American
Jun
17%
Jan
American
6 % May
American
Meter
common
American
Natural
15
6
5%
15%
150
13%
1,600
5 Va
3,800
6
45%
6
51%
50
51 Va
common
100
99%
99%
•
Mfg
Co
%
-
21V4
213/.
*
5%
5'%
-
Feb
100
933/i
20% July
43/4 Jun
200
54
Jun
300
--
9%
Mar
Jan
Jan
Mar
■r,
6 '?o
preferred
American
99%
■
Aug
26 %
'
Metal
1
Jan
Class
6 3/4
Jan
American
Potash
-.12
1%
Jun
July
6
V
Jun
58
Mar
1%
6%
■
7%
2,700
453/e
10,100
113% 113Va
2%
23/4
313A 313/4
.
25
300
25
373/4
•
114 V2
Jan
2
7% Aug
46% July
Jan
111
/ :
Jun
page
35.
May
2V4 July
•
^
—
__
27%
Feb
313/4
Apr
32%
•
Jan
34%
Apr
9%
Ju «
13%
Jan
25%
21 %
14
550
20 % <Jun
100
13
July
3%
4%
41,600
3
Jun
2
9%
9%
9%
7%
Jun
10
% Jan
Feb
41
Jan
Jan
26
20%
—
(
•
Co—
—
_*
—25
class
A
•
25%
100
10,800
26
34
173/4
5%
Jan
30
Jun
Aug
31% July
50
2234
Jun
28% Mar
24
300
22%
Jun
22%
800
20%
Jun
—
:
—
.
—
—
10
25%
■—
—
—
u
Apr
15% Mar
22%
24 %
24 %
233/4
22
■*728% Mar
'25%" Jan
.
see
Jan
Jan
Jan
66
—
For footnotes
Jan
20%
14
2
Republics
%
513/4
3%
20
25
——
B
10
i
High
*
Jun
.1
Co
Chem
<-
1
*—^.25
Products common
&
35%
500
60%
44%
—
45%
10c
—1
Co
Gas
2,500
;
1
60%
i
Laundry Mach
Mfg Co common
Maracaibo
Range Since Jannary 1
Low
433/4
"
5
•
%
Shares
High
1
;
10
com
preferred
Rubber
of Prices
41%
—,
100
convertible
3%
•
;
Light—
preferred
3%
6
&
Electric
General Corp common
convertible
91
Jan
Power
&
preferred
American
»
:»
Sales
' for Week
1
100
,1
Gas
-
Low
43%
1'
class A
B
American
Apr
Co
common
Co
1
1
preferred
Aluminum
97%
Book
American
10% Mar
Car
Beverage
1
Investing Corp
(Mich) common
Altes Brewing Co
Aitoier
Bros
common
97%
Sale Price
•
common
Bantam
American
78% July
97%
1
Inc
common
Allied
Aluminum
50
100
Ltd
I American
Jan
7%
Jan
Jun
Aluminum
$2
pfd
Week's
•
Range
Par
1%
"4%
20
New York Curb Exchange
High
I' % May
ri%
1
(N
Range Since Jannary 1
Low
"lVs
Friday
STOCKS—Last
High
•
5
common
Inc
!
Shares
10
common
Agnew
Ainsworth
Low
'
Sales
/ for Week
of Prices
...
warrants
Stores
Range
-
c
THE
(516)
32
COMMERCIAL
NEW
,
Friday
Week'*
8TOCK8—
Last
New York Curb Exchange
Sale Prist
Low
2
Amer Superpower Corp common——10c
series
$6
preferred
•
American Thread t>% preferred
•
American Writing Paper common
1
Seal-Kap
common
2%
900
4%
3% Mar
% Mar
58
%
;5%
Aug
Jan
100
4% May
300
Jan
4%
Jan
Feb
6%
2
4%
Jun
5%
Angerman Co Inc
1
7%
Feb
8
Anglo-Iranian
Amer
Oil
Apr
Jan
Mar
Ltd—
Co
14%
14%
600
12%
Jun
2%
Feb
5%
_£1
dep rets ord reg
Angostura-Wupperman
5%
600
5
Jun
3% May
8% Jan
109% July
3% Jan
I
—
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4% % pfd
Argus Inc
Lmmm
1
106
17%
Feb
%
•%
7%
1,100
%
Jun
1%
Jan
48%
47%
48%
20,600
38 %
Feb
48%
Aug
14%
14%
700
12%
Jan
14% Aug
13%
13%
400
10%
Jan
14
Jun
Jun
17
Mar
Clark
Mfg
9%
Aug
Clinchfleld Coal Corp common-
9%
9%
33,400
5%
Jan
9%
Aug
Club
10%
10%
10%
700
~6%
6%
6%
200
15%
16%
5,400
14%
22
22 %
1,300
8%
300
&
400
1%
20
'■'mm '
2%
•'
.60
-1
21
Ayrshire Collieries Corp com
-1
:V"
•
Zi
2%
■
«•*.'
•
Jun
8%
Apr
Colon
Jun
19%
Jan
Colonial
21%
Jun
23%
Feb
Colonial Sand ft Stone Oo.
6%
Jun
8%
Apr
7%
Feb
Commodore
Mar
%
Jan
Community Public Service-
Feb
22%
Jan
Compo
3%
Jan
51%
114% Mar
1% May
35
July
Jun
4,500
4
14%
1,600
11
4%
4%
200
7%
9%
8%
9%
22%
10%
''
•
n%
2,800
Cockshutt Plow Oo common—
21%
Jun
4%
Jan
6
Jan
5% May
Jan
Hotel
6% July
1%
22%
50
20
July
25
Feb
11%
800
10
Jun
15%
Jan
Barium
Steel Corp
~~"
—I
Barlow ft Seellg
Mfg—
$1.20 convertible A
common
—I
Basic Refractories Inc
Baumann (L) ft Co
Beck
(AS)
Shoe
«...I
Corp
&
Hedges
28
~
»
———
(H 0)
prior
Co
.1
200
6%
100
"*5
100
10%
100
36%
36%
700
41
3
Jan
5% Feb
10% Jun
4% May
8% Mar
Jan
33%
Feb
Jun
I
Co
Jan
41
Jan
X45
Jun
12
11
100
12
715
3%
3,900
6%
100
37%
32%
37%
850
71%
69
72
15%
15%
:
180
15%
20
6% May
9
Mar
2%
23%
62
16%
16%
1,100
5
200
23
23
33
33
1.:V
21% Apr
Feb
40
,■
25
13%
5
33
Jun
19% Mar
Co
Aug
21%
Jan
7,1
Jan
18
Apr
6
Jan
23
Aug
15
Jan
33
Jun
21% May
11%
Jan
11%
Feb
1%
1%
100
1% July
22%
22%
350
21% Mar
10%
10%
10%
1,300
—m
5 %
5%
3,000
4%
Feb
5%
Jan
—i
10%
9%
10%
5,100
7%
Jun
10"%
Aug
16%
16%
16%
400
14% July
20 %
11
10%
11%
1,400
10% July
11% Mai'
15%
15%
16%
600
12%
Jun
22%
7%
350
6%
Jun
12 %
Feb
%
3,300
%
Jan
2%
1,300
B
5
4%
•
"
-2.B0
"""
Rn^aniorp.Amer dep r"c"t
Burry Biscuit Corp
1
7%
{'<s
~
2%
2
Jun
Jan
2
Jan
Jan
23%
2%
11
5
•fe Jun
1%
B0«
S f; * Edmonton
Cailf Cotton
Corp
100
Apr
Jan
July
.
Jnn
May
Jan
2% May
•
3%
318
6,100
I
~7%
*7% ~7%
.600
■
.
4%
Jan
Jun
Feb
Jun
6% May
Jun
8% July
7% Mar
22
Mar
•
•
Canadian Canners Ltd
common
Convertible
preferred
Canadian Industrial Alcohol—""
Class A
Class B
non-votlng_Zl_Z
7%
i
Capital City products
1%
1%
1%
6,100
1
Jun
13%
14%
600
12
May
8%
8%
1,000
7%
Jun
8%
Apr
2%
2%
200
2%
Jun
3%
Apr
45%
50
40 %
Jan
a 88
~ '
l
45
110% 110%
2%
2%
2%
Co_:
Mar
111% Mar
2
Feb
4% Mar
i
3.50% preferred
Central Ohio 8teel Products
Central Power ft Light 4<fc
I Central States Elec 6%
2
—
pfd
~3%
~3%
200
3%
26%
50
24'/a
Jun
3%
3%
900
3%
Jun
—
9%
81
20
9%
1,100
100
"7%
~6
~7%
3,700
65
75%
1,300
preferred
ioo
Cernury specific Co common
Century Investors Inc
Cessna Aircraft Co
Chamberlln Co
Corp
or
common
5%
6%
170
6 %
5%
6%
200
crnnmir
m
nage
35.
2
74% May
9% Mar
85% Jan
5%
55
Feb
Feb
4%
300
40%
Feb
5% Mar
32%
Apr
11
85%
-
mm
mm
■
■
r1.'
>
mm-
Jun
3%
Jan
1%
Jan
11%
10%
20
14
Jun
7 W
««
•
103%
Jun
Jun
1,900
5%
2,400
A
7% Jun
15%
,
6
14%
36
12
"
25
31
Jan
Aug
5% Mar
Jan
16% Mar
4% Feb
500
Jan
1/64 July
4% Jan
200
••
Jan
Mar
28%
1/128 July
'1277v
36
—
10%
10,100
5%
May
Jun
400
5%
18
% May
500
1/64;
15%
July
12% Mar
May
2%
&
5%
z8
100
12%
1/64
5%
106
Jan
70%
:>7
%
mm
114% May
j 9%
400
1
——
Jan
Jan
1,600
3
1
12%
7
300
85%
2%
Apr
Apr
109
3,100
7,;'/
8
67%
100
40
9
82%
,
110
11%
9
—
1
BO
Jan
113%
1
convertible preferred
Jun
58%
106
*
common
6%
3,900
6%
Jun
Apr
Jan
42
Courtaulds Ltd—
American
dep receipts (ord reg)_Zl
Creole Petroleum
2% July
1
Croft
Brewing Co
Crosley Motors Inc.
Crowley Mllner ft Co.
Crown Cent Petrol (Md)
--
.
31
32%
1
..
1
_
'mm
mm.
>'•
i$--
mm'--
Jun
41%
'
Jan
1
Feb
7%
Jan
A Jun
7
Feb
3% July
5'
Jun
6%
Apr
8%
Apr
6%
6%
6%
300
5V0
•
11%
11%
11%
50
11%
Jun
13%
Jan
—2Bo
2%
7 2%
2%
500
1"%
Jun
2%
Jan
3%
3%
100
1% Jan
partic
Crown Drug Co common
•
Crystal Oil Refining common
96 preferred
—.10
17%
«...
_
Cuban Tobacco eommon
•
Curtis Lighting Inc common
40
17%
mm
mm"
7%
102
47/a
\- •'>
65
May
17%
Apr
Mar
Jan
106
5% Mar
100
—
4% May
Jan
14%
•'
Feb
May
8% Mar
Jun
10%
mmk
mm
mm
30
5,300
7%
mm
•?".
mm
.1
.
63
16%
•
7%
2.50
(Mo)
62
62
Cuban Atlantic Sugar common—
B
5 % preferred
-100
Mfg Oo
300
28%
B
Cork Internat'l "A"
Curtis
37/8
3%
,,
.
1,600
7,000
%
9
_
Crown
32%
3%
Jun
Jan
6
14%.
Jan
Davenport
Hosiery Mills
1.10
Davidson-Brothers Ine common
Day Mines Inc
Dayton Rubber Oo class
Dejay Stores common.
Dennlson Mfg class A
8%
1% Jun
Zmmj
*
mm."'7':"
10
10%
.-.100
140
140
8
common
1%
10
18%
•
■1
■
•'
'7- -mm"
700
140
33%
Jan
32
Feb
8
Feb
Jan
11% Jan
9% May
132
1,900
10
Jun
15%
Apr
7
10%
Jun
9%
Jan
1%
Jun
2%
Jan
23%
—«J '
1
6%
6% July
3
Jan
20
10%
mm
1
Amer dep rcts ord reg
Dobeckmun Co common.—.
Jan
140
r
Aug
%
1%
1,700
18%
18%
600
18
Jun
100
9
Jun
12
Jan
Jan
Feb
9
7...
9
£1
5
Jun
14%
~9%
~9%
~9%
300
6%
Jan
10%
Jan
1
Dominion Bridge Co Ltd
Dominion Steel ft Coal clasa B
10%
1
Domestic Credit Corp class A
3%
3%
3%
5,600
2%
Jan
3 %
26%
Jan
May
May
11%
Jun
•
«
21
Dominion Tar ft Chem Oo Ltd
Dominion Textile Oo Ltd common
Corp
10%
l
"7
22% Jun
.f
mm
mm
Detroit Steel Products
««
14%
1,90Q|
mm
33
14%
Jan
22%
20% Mar
Apr
■
9%
'*
"««' >'
■mm
•
.......
««
13%
——
*
Mar
10% May
Jun
65
mm
•
62%
62%
25
mm
19
Oo
—
14%
*
Driver Harris Oo
Power
27% July
5% Jun
300
10
Devoe ft Reynolds class B
Distillers Oo Ltd—
Duke
400
I
Detroit Gasket ft Manufacturing
Detroit Gray Iron Foundry—
Draper
6%
2%
mm
91
debenture
Derby Oil Co
6
2
BOo
common..
7>
'
6%
2
1
_10o
23%
23%
50
23
Jun
32%
—
74
Feb
79
—
—
—
mm
mm
mm
57
Feb
Jan
May
Dunlop Rubber Oo Ltd—
.£1
Co
6%
1
*
12%
1
««
50
3%
3
'
««
13
.
300
7%
Apr
1%
Jan
3
Feb
2% Mar
9% July
13
Aug
Duval
Texas Sulphur.
12%
13
700
5%
Jun
10% Mar
Feb
Aug
13
Eastern Gas ft Fuel Assn com
4%%
6*
•
prior preterreo
4%
77
Feb
Jun
75
Apr
37% Mar
July
1%
2%
Jan
ol
dlv2
400
75
50
Jun
63
53%
400
39
Jun
54% Jan
7%
500
1
Jun
Jan
Electrographlc Corp
95
15
10%
-<
10%
"l%
—100
300
90
.
5%
12-
8
49,500
96
.
5%
1
common.
convertible
14%
96
106
Equipment..
7
15
„1
common.
Empire District Elec trio 19 pfd
Empire Mill work Oorp
ft
7%
600
12
200
1%
1%
5,800
66% May
Mar
10
5% May
10%
Jan
13% May
101%
92% July
Jun
5
1%
Apr
7%
Apr
13%
Feb
11
Jan
15% May
Feb
9%
May
13%
11% Mar
60
I
Apr
1% Mar
Feb
'
preferred
;
1
Esquire Ine
««
1
Corp Ltd
Eureka Pipe Line common
■
;
•
"4%
1
Eureka
Jan
•4%
100
A
%
31
Jun
5,600
.r%
.19
Falrehlld Camera ft Instrument
Engine ft Airplane
Metallurgical
Aug
Fansteel
15
Jan
Fire
88%
Apr
7%
Jan
First York Corp common
$2 dlv cum preferred
75% Aug
9%
Jan
3
Jan
Apr
7% May
36%
4
Apr
Jan
July
7%
Jan
7% Mar
10 %
Jan
6
Jan
Jun
50%
il
Electric Bond ft Share common
81
Jan
Jun
4%
Jun
61%
Associates—
•
98
2%
62
53%
9
Washing Machine class B
Equity Oorp
50
250
59%
9
shares of beneficial lnt
98 pfd shares of beneficial int.
Derrick
1,500
69%
30
•
$7 preferred series
$0 preferred series B.
Emsco
3%
67%
67%
July
5 '
% May
14
mrnmm
37
Mar
4
Jun
iV Jan
Feb
18
Feb
19%
Jun
Jan
May
Jan
69%
26
n
Eastern States Corp
Easy
3%
67%
100
Eastern Malleable frnn
Sugar
3%
101
preferred
Jan
36
7%
2%
6%
Jun
Feb
Feb
5% July
5% July
35%
6%
4
Mar
5
3
10
;.co
Feb
13% Mar
5
%
I
__i
America
'
For footnotes
6%
10
I
preference
75%
ioo
100
33%
27% July
1,600
113
Reynolds common—;
1
preferred class A——.—.«««*
Fair child
80%
preferred—100
Conv pfd opt dlv ser
Conv pfd opt dlv ser 1929
Mar
26%
3%
io$
I
Feb
x4% Mar
"I#
Catalln Corp of America...
Central Maine Power Co—
Apr
109
i
•
48
Jan
Jan
700
12%
2s 8d
1%
21
7 125
fi
Carter (J W) Co common
Casco Products common.
Charis
•
pfd_™II~*
B'scult Co
Amer dep rcts A ord
Amer dep rcts B ord
Conv
July
8%
Light $5
7t&
148 %
13%
Ltd—
ft
Jan
l
Carnation Co common
Carolina Power ft
Castle.(AM)
Jan
9%
coniiin.ii____2~lIa
Carey Baxter ft Kennedy Inc
Carman ft Co
Carr-Consolidated
10%
148% July
108
Marconi
Jun
7% July
•
8
65%
1/64
—
Cosden Petroleum
7%
63%
106
*
Com
__
:7:!:
113%
Bo
Inc
Eastern
•
preferred
Carreras
24% July
Jun
r2% July
Jan
9
Canadian Industries Ltd—
Canadian
22
20%
•
voting
7%
r2% July
Feb
24%
co'mroonZZ
preference
50
Apr
Jan
8% Mar
5% Jan
19%
Ltd
o%%
100
Apr
4%
4%
li Aug
Jun
2%
3%
3%
7%
3%
a
California Electric
Powerl!..!!!
Camden Fire
Insurance
Canada Bread Co
Ltd
Canada Cement Co
Jun
1% July
}
LtdZI
Mills Co..
2%
1,300
4%
29%
11%
1
Durham Hosiery class B common
Duro Test Corp common
__ii
37%
1
ft Varnish Oo
Paint
Duraloy (The)
Product» common
ft Wireless—
American (Vd rcts 5
% pfd
Calamba Sugar Estate
36%
29%
106
*
B
10
Amer dep rcts ord
reg.
Cables
16,200
Feb
74
Apr
1% Jun
Jun
900
%
Apr
37% Aug
July
8%
3%
4%
7% Mar
22%
Buckeye Pipe Line
Bunker Hill &
Sullivan
Burd Piston
Ring oo
3%
.2.80
common
class
May
12
8
_•*
/wuT ber Co "on.::::..
Bruck Mills Ltd
Apr
Jan
7% Jan
—I
Junior pfd
(EL)
Aug
14%
10
10s
A--"
Forman"DlstlIfers
Bruce
Jun
15% Jan
3% May
9
—
B°1Umbla P°Wer
cum
Apr
Mar
13%
,
4%
Feb
6% Jun
4% July
—«l
—*1
reg_
Jan
9
35%
Apr
7%
65%
1
Fdy ft Machine Oo
5%
5%
Jun
4V4
100
100
Utilities
Gas
Liquidating Corp
Consolidated Mining ft Smelt Ltd
Consolidated Royalty Oil.
Continental Car-Na-Var Corp
$1
Jan
12
Jan
4
8
series B preferred
preferred series O
Coro
Jun
3%
1,800
—
•
—
•
oil'~CoZlZZZm
Apr
37%
26%
*6% ~6%
•
oe,p rcts
British Celanese drd reg___:::::
Ltd—
Brown
2
110
2*
21
rcts ord
Mar
5% Jan
10% July
470
3%
-Hi
American Tobacco—
dep rets ord bearer
A™fr dep
14
41
•6%
9
Jan
7 % May
,
4ivS:;::
•
Class A
CTms
16%
13% Feb
38
6%
-28
Brlllo Mfg Co
common
_
Jun
40%
3%
LZZI"' .100
pfd
Bridgeport Gas Light
Amer
14%
_•
...
l!Sa&£actlop~~^
Breeze Corp
common
British-American
14%
1
common.
Borne, Scrymser Co
Bourjois Inc
British
2,300
Jun
6%
36%
Jan
8% Mar
1%
com.*
common
cum
~3%
10%
•
Blue Ridge
Corp common
Bohack
_3%
6%
~5
36 %
Feb
7
13
i
common
Blumenthal (S) ft Co
55% Mar
Jun
4% July
1
common
Fdry & Mach" Co"
s
200
1
Convertible preferred
Blckford's Inc common
ES
Biauner
—
1
»eHa™c?
Alrcra't common
Bell Tel of Canada
common
Benrus Watch Co Inc
Benson
~8%
—1
common"
Ties
~3%
1
common
Beau-Brummel
~8%
41
10
2,100
n
1956
Cornucopia Gold Mines
Rights w 1
32% Mar
—
Apr
Jan
4%
36%
2g
..21
Consol
11%
.H
-I
Feb
5%
5%
4%
Corroon ft
preferred-.
Baldwin Rubber Co
common
Banco de los AndesAmerican shares
8
5
—*
Inc
4%%
4%
Apr
Mar
2,400
Jan
2
34%
Jun
4%
7/a
Consol G E L P Bait common
Consolidated
8
53%
Jun
Mar
Shoe Machinery—
Vtc ext to
Jan
300
52%
1%
22
5%
.1
Cook
53%
3,100
2,000
3% Jan
May
4%
.1
Airlines
8%
B
_
1%
24%
2
'
«—
Development ordinary-
Continental
Babcock ft Wilcox Co
Baldwin Locomotive—
14%
500
Jan
16%
•.
5%
9%
i
.!
5%
8%
"'i
-
77
2%
23
Colorado Fuel ft Iron warrants
5,400
.
9% Mar
Feb
Jan
Jan
6
14%
,
14%
-1
100
21
2%
',
5%
U|
Automatic Voting Machine
Avery (B P) & Sons common
6% preferred
c
•««:'
10 % Mar
Jan
1%
20
Colt's Manufacturing Oo
.-I
Jan
6
4% July
6% July
Associated Tel & Tel class A
6
Oo.
10%
Industries—
Atlantic Coast Fisheries
Atlantic Coast Line Co
Atlas Corp warrants
Feb
600
5%
113%
8%
Jan
17%
A
Clayton ft Lambert Mfg..
Aluminum Products
1%
-1
Claude Neon Inc common.
Apr
Jun
Jan
64%
Jun
200
"2
-1
Co.
Jan
Jun
8%
8
8 %
—
13%
57%
375
Jun
~8%
8
8%
.
•
10
Co.
Controller
Clarostat
1%
•
1
Associated Electric
•
.19
5%
$1.20 conv preferred
Aspinook (The) Corp
High
1
25
11%
61%
-1
103%
16%
62
.10
70
10%
61%
Low
10%
Cities Service
1,000
14,500
1
preferred
Equipment Corp
Range Since January 1
High
10%
.19
City Auto Stamping.
City ft Suburban Homei
2%
Ashland Oil & Refining Co
6%
Arkansas Power ft Light $7 pfd
Aro
Low
4
Shares
-0
9%
9%
•v*
Par
2%
•
I#
•
2.88
Common class A non-voting
for Week
of Prices
Cherry-Burrell
common.
Chesebrough Mfg common—
Chicago Rivet ft Mach.
Chicago ft Southern Air Lines._
Voting trust ctfs.
Chlef Consolidated Mining.
9
2%
9%
Sales
Range
Sale Price
107% 107%
1
•
Arkansas Natural Gas common
Week's
Last
New Yerk Curb Exchange
v
High
Jan
Anchor Post Products
common
AUGUST 5
Bangs Since January 1
Low
100
4%
AV»
EXCHANGE
ENDED
Friday
35,200
95
WEEK
Monday, August 8, 1949
STOCKS—
200
3%
14
ii
ioo
'
Shares
High
3%
FOR
for Week
of Prices
;
: i
„
CURB
YORK
RANGE
CHRONICLE
FINANCIAL
Sales
Range
Par
American
;
&
Association
Flshman
He
to
(MH)
il
1
18%
1
4%
•
10%
(Phlla)
10
IOC
.
—
3%
3%
1,100
12%
Feb
4%
5,400
3%
Feb
1,800
8%
Feb
13%
61%
100
57%
Jun
3%
300
2%
jun
65% Jan
3% July
Jun
33
Jan
July
16
May
25
1
...
Co—
fltores
4%
10
18%
10%
18%
61%
.
.
7
5% Mar
Apr
1
1
13%
v
Ford Motor Oo Ltd—
Amer
Ford
dep rcts ord reg
Motor
Glass
A
of
Class B voting
Ford Motor of France—
fmer
dep
—fl
4%
4%
•
19%
Xl9%
4%
800
Jun
4
5%
Canada—
non-voting
rcts
Dearer
Feb
-
20
2,200
•
17%
20
9
is
%
1*6
17,400
Feb
Mar
/ff July
,
i.-
21
Jan
23
Feb
r %
Jan
THE
Number 4827
170'
Volume
COMMERCIAL
NEW
YORK
RANGE
;■
New York Curb
Last
Pitt
Port
r va
Brewing
viewer;
4*»*
Fuller
1
Oo
(Geo A)
11V4
2,700
83/s
10%
2,350
8
,
8%
__
8
5
200
8%
8
Jan
7%
Aug
26
Jun
9%
Apr
4%
cumulative
Petroleum
friciand
Klein
-
0 %
14% Mar
G oilman Mfg Oo
General
B%
•
l3/a
92 y8
Apr
Feb
4 V»
Jun
8
3
Supply Corp com—1
preferred
25
23
300
1%
300
1
Jun
600
2%
Jun
3%
Amer
22 V4
Feb
23%
5%
1
10
•
100
Phoenix Corp
1
Plywood Corp common
50c
Public Service $6 preferred—*
Power $8 preferred
*
5%
5%
Jun
8V4
Jan
5Va
Jun
6% Mar
General
General
General
Georgia
IB
preferred
Gerlty-Mich
7%
Gilbert
(A C)
Gilchrist Co
"3% ~37a
l'/a
1%
2
5%
•
common
22
12%
25
common
May
116
Jun
Mar
Jun
106%
Feb
1,300
3%
Jun
4
Aug
7,200
4
Jan
12%
100
6Va Aug
18% Jan
12% July
91/4 Jan
100
9%
14 Va
14Va
100
13%
Jan
1 %
1%
400
1%
50
40
28 %'
iff
Va
4%
4%
Va
21
Jun
,
,
55 Va
pfd—2B
Grand Rapids Varnish
~7%
7%
5%
1
Gray Mfg Co
B
A Pacific
"9%
9%
Brewing
Lake Shore
25
Stores Products common—25c
States Utilities $4.40 pfd
100
1,100
9%
Feb
12%
Jan
3,900
1
Jun
1%
Jan
93/4
10
1%
1A
12
7%
7%
500
13 Va
12 Va
13 V*
3,400
7Va
1,000
•
■
La
Salle Extension
Lefcourt
Le
5Va
Realty
Tourneau
203/a
20 Va
5
Jun
Feb
8
11%
137
Jun
142
Feb
Jun
32
1,500
■7%
102
80
105 % 106%
38% Mar
8%
Jun
Feb
106% Mar
Feb
13 %
-25
Feb
13%
Harvard
Oo
Hathaway Bakeries Inc
—1
Hazeltlne Corp
Hearn Dept Stores common
Hecla Mining Oo
Illfl
Helena
A
fl % %
Apr
7 Va
Mar
13 Va
200
47V4
200
44%
Jun
x50%
Jan
1%
800
1%
Jun
2%
Jan
2Va
300
9%
9%
97/a
306
•
-25o
11
Co
11
ll3/4
2
Jan
15%
7 %
2 l'/a
22 %
3,600
13 Va
13 Va
200
Jun
8%
Groceterias
class
ctfs of
i%
preferred
preferred
Jun
123/4
Feb
10%
1,400
10Va
101/2
10 Va
50
250
101/4
10%
400
77/a
8 Va
200
5%
9%
10% July
11
Jan
91
—1
Jun
96
74
May
8 3/4 May
Feb
40 Va
40 Va
-411/4
.75
39%
Jun
48 %
—B
8%
8%
87a
1,700
7%
Jun
11
Apr
3,800
3
Jan
4
Aug
Jun
31
-1
31/2
37/a
4
Horder's
Hormel
Inc
25 Va
Horn
A)
&
1-15
Co
•
Baking Co
Hardart
&
B %
14
,
(Geo
common
(Harvey)
Oil
Hurd
A
Inc
Jan
Jan
18
I9V4
75.1/a
77
47
47
323/4 May
50
68 V4
.
1%
—1
Hydro-Electric Securities
1
4
2% Jan
43
47%
Jan
Jan
Jan
Apr
Feb
4%
150
4
Apr
8
Jan
1%
700
IV2
Jun
3%
Jan
12 Va
125
10%
Jun
22 V4
Jan
2 Va
Hygrade Pood Products
79 %
1%
4
—1
•
21
Jun
111/2
warrants
common.
1st conv preferred.
Jan
1113/4 Aug
7,400
*
144
Feb
30Va
200
19%
Jan
42 3/4 May
Jun
Jun
106% May
17% Jun
ZIb
A Mfg Oo
Refrigerator $2.28 pfd_.
Common stock
Huyler's
10
77
—5
common
Refining
Lock
Hussman
475
31 Va
.100
Humble
32%
111% 111%
31%
preferred
Hubbell
133
10
17 Vi
May
40%
143V2 143V2
143 Va
12%
13
2
300
2%
2% Aug
Feb
11%
200
13
26
Zinc
Co
oommon
Imperial Chemical
18
Jun
Jan
A Ireland
•
•
15%
16
21 Va
23
Manischewitz
:
106
International Cigar Machinery
International Hydro-Electric—
•
B0
shares
Fireman
dep
1
•
3/4
Marconi
89 V4
883/4
International
Apr
Feb
Jan,:5;
12%
Apr
Jan
59
Aug
20%
Feb
22
Feb
1,000
6 Va
Jun
11
6%
Jun
liy8
200
8% Mar
10%
11%
%
%i
1%
1V4
14%
—v
>
47
2,400
HVa
•
—•
'
800
V',
lVa
1
Xll3/a
14%
Jun
1
4 Va
4%
400
Italian Superpower Corp com cl A
•
a
1$
%
Jan
Apr
17
Jan
6%
3% Mar
1,500
Mfg
,
Apr
1%
Jan
Julian
A
3%
1,500
1%
Jun
3%
Jan
6%
Jan
Kokenge
5"%
5%
600
4%
Feb
1
3%
3%
3%
300
33/8
Jun
8%
Jan
•
3% ;>
3%
4
500
3'/a May
43/4
Jan
1
Preference
Co
•
..
—,.•/
18% July
20%
Jan
Kawneer
Co
Kennedy's
Key Co
Kldde
-1
7%
pfd—
4 Va
Co
15,500
4Va
119
.181
Jun
July
12%
—
10
Inc
t
common
(Walter)
A Co
7
lOVa
10
10
Va
450
Feb
9V4
Jun
7 V2
200
6% July
10 Va
800
9Va
Feb
9%
For
footnotes
see
page
35.
J
Feb
113
111 Vb July
■
14 %
113/b July
Jan
Feb
8 5/s
Jan
13%
1
Feb
14%
Apr
25
Apr
25
31
Jun
38
Apr
Jan
"
2 3/4
Feb
2s/4
Feb
5%
5%
100
4%
Jun
83/4
Jan
14 Va
143/4
300
13 9/a
Jun
19%
Jan
V' 100
2Va
Feb
3% May
5%
5%
100
5%
Jun
6Va May
.11
.10
143/4
common
3i
Mar
2
Feb
1,100
15%
900
113/4
Jun
173/a
Jan
34%
35
125
34
Jun
37
Feb
(A G)
31 Va
31 Va
31 Va
50
32 Va
Jan
8V4
8Va
8.%
200
13%
■y. 1%
& Co class B
Dredging
Johnson
Menasco
14a/4
Co
&
Mfg Co
Chapman & Scott Corp—
Merritt
Warrants
ft Va
1
£
A
Mesabl
preferred
Co
Iron
1%
•
1%
15-
35
McWilliams
Mead
Apr
Marine
common
14 %
14%
lVa
1%
1,000
4
4% /,
1,500
1083/4
4Va
2Bo
_li
4% :
45 Va
45
45
3%
Jan
Jun
Jan
2%
Apr
Jan
July &
6
Feb*
110 Va
Jun
5 Vb
Apr
6
Mar
48
Jan
Jan
45
40
93/4
153/4
3% Mar
500
.
V.
Mar
,'■2 3/4
,
1
Participating preferred
July
7% Mar
900
1%
25 Va
iuu
._
M«tal Textile Corp common
Mar
Aug
Jan
*'
Michigan Bumper
Michigan
Michigan Sugar
Co common—
1$
preiezied
07#
Mlcromatic
Hone
Corp
1%
100
1,500
7%
8.
63/4
1
1%
6
63/4
2.60
8
2,500
•
{.r
t c_1
31 Va
32%
300
7%
8Va
12,100
2
2Va
5,3(^0
West
Corp
5
common
Midland Oil Corp $1 conv pfd
Midland Steel Products—
Co
Mid-West
•
Oil
Midwest
Supply common
1
MUler Wohl
Co
BOo
common
convertible preferred
4%%
7%
80
Mining Corp of Canada
*
Minnesota Power & Light 5% pfd—10$
Corp
Monogram Pictures common.
Monongahela Power Co—
4.40% cum pfd
4.80% cum pfd series B—
Monroe Loan Society com class A
Montgomery Ward
Plan
50
500
2 Va
Aug
8
.
8 3/4
Feb
Aug
29%
Jun
32 V*
6Vs
Feb
8 Vb
Apr
2%
Jan
l»/4
Jun
i
10% May
Mar
July
9
Jun
16 Va
Feb
J an
43/8
Jan
16%
Jun
19 Va
Jan
4
25
■
Apr
May
19
2Vb
22% May
Feb
3 Vb Mar
Jun
7»/b
Jan
Jun
32%
Jan
Jun
10 V*
Jan
Feb
98
July
30
Apr
6 8/a
50
29 Va
32
3/4
7%
93%
'9%
8
1,100
7%
7
32
93/4
8,700
24
•
Public Service common
Missouri
20
2%
2%
200'
17%
20
•
Refineries
Mid-West
375
11 Va
17%
10
Co
Midwest Piping &
53/4 May
.
3%
10 Va
10%
—60o
Abrasive
l3/8 May
18
•
common
9%
9
•
$2 non-cum dividend shares.
Mldvale
6
Jun
% May
6% July
Class B v t. C—*
v
Jun
•vi
1
Middle States Petroleum class A
Middle
4V2
•63/4
200
6
Corp.
Tube
Steel
Jan
7
7Va
600
63/8
Jun
8% Mar
2%
2%
500
23/8
Jun
3y8 Mar
95
.IM
89 Va
75
86
July
.10$
102 %
102%
25
98
May
102%
23/4
300
Apr
23/4
1
23/4
180
A Co class A——*
lOo
10
•
100
Producers
92
40
180
23/a
167 Va Mar
30%
•
partic pfd
of America
Corp
Mountain States Power common
Mountain
Tel
States
A Tel
Mt Vernon-Woodborry
Murray Ohio Mfg
1
•
2.80
10
Mills
Co
Ring common
Muskegon Piston
Muskogee Co common
Muter
Company
Jun
180
37%
Mar
Aug
Jan
July
Jan
"3%
~3%
200
3%
Jun
4%
Feb
11 %
3%
11%
200
10%
Jun
14%
Jan
313/4
950
29%
Jun
33% Feb
1033/4 Jan
31%
31%
95
July
19%
19%
19%
100
17
Mar
22%
Jan
28
28 3/4
200
24
Apr
283/4
Aug
8%
8%
300
7%
Jun
10 Va
Jan
11%
11%
100
10 V2
July
83/4
1,500
7
common
11
4'/a
400
500
l3/4
8
Inc
N&mm's
10%
11
Corp
4
common
Hess
National
Bellas
National
common
Fuel
Gas—
103
Mar
National
23/4 Mar
150
29 V4 Mar
"9%
Radiator
10
6%
Transit
4 A %
Mar
Jan
Aug
200
6V2
Jun
10 3/8
(Herman)
Le
Co
Mur
Clock
..
73/4
15 3/4
May
Co
Arizona Land-
Mining
Park
New
Process Co
Co
common
5^/4
Jun
Jun
7V. May
14 %
Jun
Jan
10% July
10%
9
Jan
Jan
8% Mar
18 V2
Apr
3
Apr
3% Mar
Jun
4%
2%
2,800
2%
63/8
Feb
Jan
May
163/4 Aug
9
8%
8%
14 Va
163/4
5%
300
12%
July
53/&
600
53/8
Aug
53A
78% May
87%
Jan
Jun
33/b
Jan
Mar
7Va
Jan.
-
1
833/4
1%
33/4
4
57 Va
convertible preferred&
50
300
6%
5%
82 Va
New Jersey Zinc
Mexico
600
100
—
common
Watch
■
16%
Corp
&
-
100
23/8
2%
National Union Radio
New
34
10
400
3
Apr
Jan
63/4
3
33%
Jan
Jan
July
Jun
153/4
common
4
8%
7 Va
Machinery
National Rubber
6%
5%
16,500
7%
63/4
Co
National Steel Car Ltd
National
5,500
6
Haven
105
13
Mar
3%
7%
Tngland Tel & Tel_„
Jan
Jun
3
32 Va
Mfg &
Nei'
9% Mar
10
33/4
10
New
12 Vi Mar
Jan
34
May
13
Jan
12 %
31 %
"33A
Breweries common
preferred
13 Vi Mar
127
13%
Jun
N
Nachman
New
its
preferred
^
200
12%
Jan
Kimberly-Clark Corp—
4%<fc
'■
1,200
15
Corp
McKee
Nestle
4%
12
_•
Neptune Meter common
4%
July
July
~i%.
Nelson
K
Kalser-Prazer Corp.
Kansas Gas & Electric
July
80
23% Aug
Feb
6
Stores common
National Pressure Cooker common-
Jefferson Lake Sulphur Co
Jim Brown Stores common
90
Feb
Feb
preferred
«? 50
National
2%
77 Va
13
National Mallinson Fabrics
3%
Jan
Aug
10%
12%
McCcrd
National
—1
1
16 %
1
convertible preferred
7%
..
Feb
66 Va
v
Jan
1%
Feb
Irving Air Chute
Jeannette Glass Oo oommon
9%
3/a
675
23%
123/4 July
V2 May
1,300
200
14%
.
24 V2 May
Jan
300
12 Va
6%
Jun
Jun
Jan
Aug
Jan
100
Jun ;
7
26
25 Va May
450
80
21%
11%
common
Morris
July
Jan
6%
26%
Jan
18,200
90
79
23»/4
10
Communication Co Ltd
Moody Investors
Jun
11
Jan
98 Va
59
7%
60,600
1
793/4
100
100
1
*
I
(The B) Co
12%
98
8%
88%
"63/4
1%
Mfg vtc
Feb
110%
450
i 9'/4
•
•
;
.
30
54 Va
59
10
International Safety Razor B
Investors Royalty
Jan
1,400
12 Va
International Metal Industries A•
International Petroleum coupon shs_*
International Products
Feb
11%
95 Va
95
95
10
Preferred $3.50 series
14%
105% 106 Va
9%
pfd—100
Mar
26
73/4
—
Mapes Consolidated Mfg Co—_
Mountain
£1
Indianapolis Pwr A Light 4%
1,700
157/a
12
14 % July
/"
20 %
6,300
1
Service Co
17% May
17% May
Feb
300
15%
11%
15%
5
13%
4,400
16
4%
4% Mar
"'f,
£1
Insurance Co of North America
Iron
Jan
Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon—
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Reglsteied
10%
5% July
—
—
—
Jun
21% Mar
75
213/4
II
25 Va
Molybdenum
Illinois
Feb
24% May
23% Jan
26
Mangel Stores common
,.
Horn A Hardart
Apr
Jun
23%
6% Mar
A.
Jan
Mar
-10
>n.
Jan
M
May
68
.100
w
12 Va May
8V2 July
10 Va Mar
.100
w W
w
Apr
13% May
Jun
10%
200
•
Chain.
Maine Public
Apr
8%
■
Henry Holt & Co common
Hoe (R) & Co class A
Hollinger Consolidated G M
Holly Stores Inc
Holophane Co common
183/4
24%
I
preferred A ctfs of dep
preferred B ctfs of dep
6%
Feb
6
10%
10%
Apr
6% Mar
23
Jun
9 Ve Mar
1,500
22 Va
—1
Inc
common
Steel
Common
July
*11
.,7%
•
common
10 Vt
400
12%
7 Va
10%
;
common
Jan
300
12 Va
c
8Va
Jan
6%
Lone Star Gas Co. (Texas)
9% May
17% Mar
2ya July
1% July
^8Va Mar
,"7%
•
6%
;;
Jun
12
10%
Rubinstein
Class
4Va
100
2.
—1
Brewing
Heller Co
100
7%
1 Va
1
Jun
5%
10 3/4
Longlnes-Wlttnauer Watch Co
Long Island Lighting Co-
Apr
.4%
46%.
46%
6 Vb
Feb
McClanahan Oil Co common
Hartford Electric Light
Hartford Rayon common
Apr
19
300
Class B
Locke
5%
13
Jan
133/4
Jun
Jun
Jan
135 V4
36%
Jan
53/8
Jan
6%
Corp common
I
Llpton (Thos J) Inc 6% preferred—.18
Brothers
13 %
Jun
83/4
9
Apr
120
13 Va
Jan
Aug
—I
common
(R G)
Material
McAleer
—5
7V2
13%
Jan
7
*
Paper common
Feb
May
6%
.—I
University.
Lionel
Lit
H
Hammermill
Mar
July
Apr
Jan
138
7%,
12
23
12
300
5 V2
.—I
11%
Jun
900
,
.—I
82 Va
6
200
5%
10
7
7
.-1
49% Mar
100
137
4%
10
18%
'
600
13%
'
Jan
9% Feb
103/4 Mar
150
■
123/4
Lynch Corp
Aug
'
12
22% •
Jan
3%
Jan
120
Bridge Oo Ltd
100
12
21%
10
Jan
Feb
Lamp Oo
,
•
Massey Harris
Hamilton
1A
13%
Marlon Power Shovel—
Hall
10
—1
Mines Ltd
5%
103 Va
106%
Mar
3
1
.
-
53 V2
500
7 Va
Grocery
Gypsum Lime A Alabastlne
It
Jun
1
_
Co.
Jun
550
36%
Feb
2
— -
Jun
37/a
100
118% 120
36 Va
15
1,000
1
Macklntosh-Hemphlll Co
100
200
23/8
1$
Louisiana Land & Exploration—
Louisiana Power & Light $6 pfd
Jan
120
Great Northern Paper
16%
2%
•
I-
Lakey Poundry A Machine
Lamson Corp of Delaware
Lanston Monotype Machine.
Jan
Tea—
Non-voting common stock
7%
1st preferred
Aug
16%
Laclede-Chrlsty
Company
L'Aiglon Apparel Inc
28% Aug;
80
Feb
Jan
Jun
2,300
56
2% Jan
43
Mar
%
48
10
conv
Krueger
Jan
# 11% Jan
14% May
Jun
35
100
40
28%
1
common
21%
Jun
*
35
10% July
Jun
1,900
10 %
50
class A
Jan
1
(DEmil) Co common
(IB) Rubber Oo
Loblaw
16
17%
10%
—*
Jan
263/4
1
—.
M Oo Ltd
Knott Oorp common.
Kobacker
Stores
Line
6V8
"4
74%
Graham-Paige Motors B %
Gulf
100
17 Va
17%
*
Mfg Co
Great Atlantic
Jan
xll2%
$4.50 prior preferred-
Mfg
Jan
B
.
Goldfleld Consolidated Mines
Gorham
4
1
Inn
Gorham Inc
Feb
1
•
Godchaux Sugars class A—
Class. B—.
-■
Goodman
Jan
Jun
28
Coal
(Adolf) Inc
Jan
103
5%
95
•
Globe-Union
Feb
8Va
35%
Jun
105 Va
3%
3 Va
675
Apr
1V2 July
1,600
115 % 115 >/4
Jun
Jun
3%
400
100
100
100
1
Glenmore Distilleries class B
Gobel
29 Vi
>
100
1
Gladding McBean <k Co
Alden
800
35%
34
•
Corp
Yellowknue Gold Mines
unani
Glen
400
5%
preferred series A
General Fireprooflng common
General Outdoor Adv 8% pfd
14,600
Feb
£1
dep rets ord reg
6% Aug
6%
35%
Jan
50
23
General Electric Co Ltd—
General Finance Corp common
High
Low
6
35.
Mar
5Va
3 Va
1V4
Builders
conv
July
7V2
commor
Co
Alloys
General
4%
15%
88 Va
preferred
Range Since January 1
High
1
-
-
_
Lake G
Shares
..
34
6 Va
00
__
Klelnert
Gatlneau Power Oo common..
Low
•
preferred.
King Beeiey Corp
Kingston Products
Klrby
for Week
Range
of Prices
1
Kings County Lighting common
Aug
8V2 Mar
23 Va Mar
300
Sale Price
Par
11V4 Aug
10%
Sales
Week's
Last
New York Curb Exchange
High
8Va May
6% Jun
700
2S
v
25%
26
prelerreo
conv
AUGUST
Friday
Low
10 %
8
1
Franklin Simon A Oo Inc common
EXCHANGE
ENDED
Range Since January 1
High
11
---*
WEEK
(517)
STOCKS—
Shares
10
Oo
Brewing
of Prices
Low
Par
CURB
FOR
CHRONICLE
for Week
Range
Sale Frice
Exchange
FINANCIAL
Sales
Week's
Friday
STOCKS—
*
&
59
6%
lVa
770
12
1,000
100
3
July
600
51
Jun
67
Jan
73/8
4,200
6
Feb
11V*
Apr
lVa
500
1
Jun
1%
Apr
65
Apr
75
Jan
33
COMMERCIAL
THE
(513)
34
RANGE
EXCHANGE
CURB
YORK
NEW
FOR
Monday, August 8, 1949
CHRONICLE
& EINANCIAL
WEEK ENDED AUGUST 5
Friday
Week's
Friday
Y
N
Y
c%
Y
Co
Auction
7%
28%
29%
100
-10
10%
11
150
Shipbuilding: Corp—i
Niagara riuasuu
5%
1st
5%
2d
Class
B
"l7%
17%
Founaers shares-
12%
preferred..
preferred
optional warrants———
100% 101V2
*
9
5
8
•
11
Nineteen Hundred Corp common—
Nipissing
North
Mines
American
A
class
Rayon
American
North
Central
Northeast
North
Northrop
Novadel-Agena
2%
Corp.
28 y«
28
2%
2%
2%
6
10
-
2,500
6%
900
6%
14
13%
37
Seeman
Apr
2 V2
3%
Jan
89
July
101% Jan
11%
Jan
Semler
15 ya
Jan
Sentinel
Ohio
Brask
Ohio
Power
Oklahoma
Old
Co
class
Poindexter
Oliver
Omar
B
common
37
lioo
109%
Gas—
-.15
29%
Inc
11
10ir.
:
Leather
-
8%
9%
Jan
Apr
14
300
12%
Jun
22% Jan
•r 500
6%
Jun
8% Aug
B
1st pfd
35%
6% July
200
7
6%
34%
6%
25
common
35%
22 %
24%
11%
12
Jun
'
1
'Jun
2% July
1,200
20% July
28 V2
Jan
1,100
10
3,900
1%
1%
1
19 V2
2
Apr ■'
17%
Jan
16%
15%
16%
400
1%
1%
1%
Jun
.
Aug
21,400
15
Jun
%
Jun
Jan
1% Aug
2%
2%
"2%
4,300
12% July
2% Jun
18 %
17%
18'/a
2,850
15
79'%
79%
79%
50
72 %
May
79% July
80
80
50
76
May
80
16%
Feb
3 %
Jan
19%
Jun
Jan
Aug
Apr;-?:
36
29j/2
Apr
32%
100'/2
Jun
Jan,
5
Jun
4%
Jan
Jun
3
IS
Apr
2
—
""% ""%
400
10%
10%
100
%
"2%
~2%
~2%
2,403
19%
20
2,600
15%,
14
15%
1,900
10%
,11%
19% Aug
Feb
3%
Apr
22%
Jun
Apr
.'
Jun
15% Aug
*
58%
—
2%
Jan
13 %, Jan
8% Jun
8% Jun
19%
700
59%
Jan;
53
60
Mar
18
12%
"5%
700
12%
Jan
20
11%
CO WN^00
Jan
13% May
I4V2
Jun
16
3%
1
1
Mar
109% July
105% Mar
•
•
27
•
preferred
Jan
Jan
Sioux
"5%
1
•
100
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
87$ Jan
.
32%
1,300
Jan
Jan
2% Mar
Jun
4%
Jan
May
29%
Apr
7%
Jan
100
May
Publications—
Simmons-Boardman
Simplicity Pattern common
Simpson's Ltd class B
Elec 6%
3%
-•
class A
Ltd
Breweries
Slck's
'
Pacific Can Co
2%
•
Bilex Co common
$3 convertible
Pacific Gas &
Jan
300
5,300
100
Shoe Corp of America
Mar
8%
■
2%
2
;
•
fl
—"
—1
25
common
Sherwin-Williams of Canada
Feb
14
AUg
11
1% July
1% Jun
;
2%
1
—1
preferred
4%
Apr
16 y«
.
•
11
Jan
8%
•
''"-.■-r
:
31%
15%
—1
Securities
112
Jun
8%
700
8%
8%
11
O'oklep Copper Co Ltd Amer shares.
Overseas
common
Shawinigan Water & Power
Shelter Mfg Co
Sherwin-Williams common
Jan
;iH 40% Mar
Jun
Feb
27% July
"
•
class B
32%
700
30
2%
Feb
106 y«
100
110%
29%
2
1,700
600;
37
109
1
Distillery
United Filters
2%
35%
preferred
4^1%
Natural
Corp
Radio
Shattuck Denn Mining
2%
»
300
11%
1
—1
Inc
B)
(R
Safety Control
Serrlck Corp class B
.504
common
.,..100
1%
1%
—
Sentry
Seton
Corp
11%
105% Aug
O
Ogden
19% Jan
Jun
24%
certificates.
Allotment
Jun
4%
2%
25
prior stock
$5.50
Apr
Feb
8% Jan
j
14%
2,900
1%
1
5
common.,
3% May
: 403
6%
„
1%
1
•
stock
Convertible
May
5%
Inc..
Bros
131/# May
600
—
Shoe Co
Selected Industries Inc
Jan
82
General
Seiby
Jun
15 %
common—
Segal Lock & Hardware
Jan
Feb
2Va
1,900
105 %
105"
%
.
37%" Jan
Apr
1%
300
85
1
Apr
Co
Securities Corp
11% May
Mar
Steel
-
1
25
*
1
—*
Manufacturing
Scullin
9V2 Mar
100
16%
6%
25c
—1
(Del)
& Fisher Brick Co
(D A)
Inc common
Bcoviil
10% July
;
10 V2 July
600
10%
2%
105%
••
1
•
———
%
200
100
85
pfd-100 '
Inc
Aircraft
Apr
1,200
%
High
1% .1%
6%
1
common
Schulte
% Jan
Jan
i;U 8%
Low
.4%.
16
>16
——1
...
Corp
Inc
Oil
Savoy
Say re
Feb
United
Samson
96% July
>
Jan
31%
10%
10%
—SO
Co
RR
Penn
Northern Indiana Pub Serv 5%
y#
Range Since January 1
High
4%
1
49
common
preferred
conv
101 % Aug
Jan
9 V*
32
1
Airlines
12% Aug
32
%
.
1
Oil
Texas
Jan
Corp Ltd
Lawrence
1st
Salt Dome Oil Co—.
Apr
7%
7%
300
St
ri
20
if:
J •:>'
Feb
Jun
31%
%
•
Securities
Utility
W
1,500
11
11
•
Class B common
North
•
'<
•'
AtJi-i'iiv.i.-»•
"9%
8%
,
Apr
13%
15%
92%
1
5
...
30 A
Jun
94% Mar
'
'•
v,
.
Niagara Share Corp common—
.
1,700
•\
*r '..tiVVj. w.-r
Niles-Bement-Pond
-
80,X«JO
lx /a •127 S
101%
1
100
100
common
power
100
:
Feb
26%
.10
Low
Shares
SVz Jan
7% Aug
100
7%
for Week
of Prices
Par
High
Low
1.10
Rosario
Aujrcaauaise.
Range Since January 1
Shares
Sales
Range
Sale Price
Exchange
New York Curb
Week's
Last
fiTerxs
High
7%
•
common
Honduras
at
tf'N Y
of Prices
Low
Par
N
Sales
for Week
Range
Sale Price
Exchange
New York Curb
Last
i
STOCKS—
28
150
6
400
5% Jun
30
220% July
5%
234% 234%
—
27
236% Jan
2% Mar
£ 1
Feb
3%
'
5V2 %
1st
"
preferred
25
-
Pacific
Lighting $4.50 preferred——•
pacific Power & Light 5% pfd
100
Pacific Public Service
$1.30
103
95
Pen
•
Co
'w-—'
Z't
'
7%
'
.
~2%
2%
—
■
2%
15,700
7%
7
Jan
98
19
26
May
July
Co—
Apr
Sonotone
4
Jan
Boss
10%
;
■"':37b'
——«
Manufacturing common
11% Jan
0
Apr
South Coast Corp common
17
6% Jun
Jan
South
200
1,400
'
4
500
May
24%
Jan
Southwest
10 'A
Aug
15%
Jan
Southern
Jun
80
3
Jan
19
5%
:*
Jan
Apr
Oil
Penn
Pa
$1 cumulative preferred
29
$1.32
43%
43
•
common
28
cum
preferred
Corp common^
Pennroad
Penn Oas & Elec class A
Penn Power <fc
8%
104%
100
Traffic Co
Penn Water & Power Co—
C^rp*-——
4
^
27% Apr
29% Mar
i
4
;
''100
600
,
3
100
54%
55%
950
10
55%
10
/■
Jun
7
a an
1%
28,200
300
35
3
2.50
»
25%
2%
33%
•35,
23% Jan
V '
103% 105
2.50
—
Pep Boys (The) ——.1
Pepperell Mfg Co (Mass)
——28
Mar
41
300
:
8%
8%
1%
•
Penn
25
■
—.1;
common
Light 4%% pfd
Perfect Circle
24%
47
350
«74
Jun
.
100
-
v:
preferred
Southern Pipe Line
Southland Royalty Co
Spencer Shoe Corp
4.32%
AUg
5% Mar
41% Jan
,,
i
,'Jan
4% Mar
59%
BOYb Jun
8% Juni
Pierce Governor common
Pinchin Johnson Ltd Amer
Pioneer Gold Mines Ltd—
Piper Aircraft Corp
Pltney-Bowes Inc
1
:
V
10
»■•;
Apr
Mar;
7
v7%
1
-7%
•
1,100
400
;•
300
18%' 18%
3% Jan
2%. July
1,800
mm
13,
•
11
13%
Feb
Apr
8% Jan
5% July
~2%" ~3
' '
" 1%
1%
11%. 11%
8
Polaris
3,400
400;
.
?;
300
coiiverwoie
24%
Jan
Standard
6%
1st
Pratt
&
preferred
Lambert Co
Prentice-Hail
Pressed
Inc
Metals
Standard
1%
Jun
2%
Standard-Thomson
10% 'Jun
Apr
i
Co
Corp
1
Mar
Btarrett
75
36%
Feb
39
55%
Jun
69%
700
16
3%
Jun
Jan
200
1,100
5%
11
30
8%
250
30
(The)
Corp
preferred
Puget Sound Pulp & Timber
1%
Jan
10
14
May
Jan
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc
Stetson (J B)
Co
com
•
12%
5
9%
Stlnnes
38
Jan
27%
28y8
28%
600
26% Mar
29%
26'A
26%
26%
300
23% May
4
July
26% July
26
33
mm
200
~2%
~2%
mm
,
4
4
—
%..
7
7%
Apr
Mar
Feb
8%
Jun
Stroock
Jun
11 %
Jan
Sun
9,600
Jun
1%
Jan
' Jun
8%
Jan
Superior Portland Cement, Inc
Superior Tool & Die Co
Jan
10%
Jan
Swan Finch Oil Corp
99%
325
95%
Jan
100%
99%
50
94%
Jan
12%
800
9%
225
9
Mar
12% Jan
5%
900
5
Jun
7 % May
21%
Jun
92
.100
90
149
300
Jan
190
147% 149%
85%
143%
Apr
13%
"
Jan
Technicolor
Texas
Inc
Power
&
Feb
92%
150
.Tan
July
14% May
Co
17%
.8%
Apr
100
16
Jun
21%
Feb
>
200
2%
700
18
•;.16%
1%
31%
1%
1%
136% 139
139
Feb
112%
80
ft
125
17%
17%
Kavtheon
preferred
15%
Manufacturing
Regal
Reis
Shoe
5
common
Jan
(Robert)
23
100
18%
19
700
~5%
&
Reliance Electric
Co
&
3 %
1
5%
4%
17%
Co—
*
;r2%
Jan
Feb
2
Jan
2% Mar
570
2%
Jan
50
67%
Jan
19%
Jun
2,100
2%
100
3%
3% 4
3%
:
u
72
4% May
72%
21
21
21
200
10%
10%
10%
200
9% May
100
5%
75
7
1
7
1
•
■
.
1%
Jan
Jan
7% July
1% Aug
Jan
% Mar
1,300
Apr
24%
15
4%
12%
Jan
% Mar
2%
Apr
2%
2% ;'-i
2
3,500
10%
Feb
14% July
10%
Jan
13 %
4%
250
14%
14%
Jan
t
1
1
411
TP
100
Jun
5%
Jan
Apr
17%
Jun
14
Jan
~2%
_2%
500
2%
Jun
3
Jan
8%
8%
50
7%
Jun
11
Mar
29%
29%
800
Jan
x30
July
14
2%
1
•
29%
14%
.
'
W-
.
14%
4.400
—
10%
Tobacco
Realty
&
Allied
&
dep rets
ord
def
regis
rets
Shipyard
Corp
Royalty
Toledo
>1
common
Trans
Lux
Tri-Continental
Tung-Sol Lamp Works
1%
3,300
% Mar
1%
xl7% July
19% Jun
21%
94%
94%
150
21,
21,
%
Jan
Jan
63% May
3%
100
1
25
Feb
U Jan
Jun
Jan
60
Jun
x39
1,600
2
1%
2
•V
96 %
97%
%
tt
jt
3Va
V/*;.y
2%
warrants
2%
HIi
com
2%
18»/2
1%
9V/2
2% Mar
Feb
225
Jan
Jan
98
Jan
ft Jun
1,800
'
■
3%
2%
Apr
4%
4,400
3'A :
18'A
•
Feb
2% Mar
350
15%
Jun
24
Jan
300
1
•
Inc
convertible
80c
3
■
;
-
Jan
-
18% July
Jan
24%
Jun
7%
Jan
8%
400
43A
•
3%
Jun
11%
Jan
1
4%
4%
preferred
—
1%
*
1%
Jun
'
'
f
—
'
11
Jan
1%
Apr
3%
Jan
4% Mar
May
25%
Jan
2%
Jan
U
Ulen
Realization
'
Apr
2%
Jan
of
2%
2%
2%
———*
Unexcelled
10c
5
10%
10%
10%
Corp
Chemical Corp
Gas
Canada
1%
89
181
Jan
JUn
94% Aug
27
Jan
Jan
6%
,
Jun
7%
900,
1,100
4
Union Investment Co
Jan
•' f
'
'
10% July
6% Apr
-
California—
Union Oil Co of
.21
6%
Jun
%
100
46%
97%
Jan
94%
13 %
52
103
%
46j/4
'
1
Corp
Temper
'
46%
Jan
400
900
Jan
Jun
7% July
Jan
18 %
l7/a
10%
"10'/a
90
4
4
—.
—
1
Apr
17%
1%
62
Jan
12'A Mar
Feb
11
•
300
109
Jan
'
70C
Corp
56
1,400
•A
-A:
100
pfd
Tonopah Mining of Nevada
Trunz
900
2%
8
11%
62
62
5s
Corp..
True
3%
2%
8
8;>.A
11%
20
4y»%
Edison
Apr
Jan
■'
£1
regis
dep
Jan
7%
17%
13%
Tobacco Security Trust Co Ltd—
Mar
5%
-W
•'
Stocks
1
Jun
:
1
Construction- -_-l
20
4 %
25c
Inc
Inc
Apr
Feb
128
8% July
5
common
15%
Jan
May
14% Aug
200
14%
14%
14%
26
120
-
$3.75 pfd series A
:
Union Stock Yards of Omaha...
97%
•
56
100
98%
~
150
10
56
-
92% Jan
53% May
98% Aug
57 "
Jan
Royce Ltd—
Amer
Rome
dep rets
Cable
Roosevelt
for ord reg_.I"
Com
Field
9
9
4%
4%
1,000
..
100
8% May
4
Jan
10
5%
Feb
United
Chemicals
Apr
United
Corp
Feb
United
Elastic
20%
20%
21 %
2,400
20%
Aug
Rowe
;
7%
7%
7%
700
x6%
Feb
5%
5%
5%
700
5%
Aug
6%
Jun
10%
Feb
4% July
3% Aug
6%
Jan
5%
Jan
iThe»
Com
common.
Royalite Oil Co Ltd
Russeks
Fifth Ave
Aeronautical
Consolidated
Ryeraon. Ax
For footnotes
common
Co
4%
Petroleum
onmmnn
see
3%
1
—
Products
United Aircraft
common.
Inc
Rotary Electric 8teel Co
Ryan
Ryan
Apr
3%
_3%
.
Rolls
Apr
7%
2%
5
26
*
Rochester Gas <Sc Elec 4% pfd P.
Roeser 81 Pendleton Inc common
Apr
2% May
common
Jun
;
1
2%
139
-
5% July
2% Jan
~2%
3
t
•
Union
—1
2%
"
"lOO
21% July
16 % Jun
7,5uO
*
Richmond Radiator
Rio Grande Valley Gas
(Texas Corp) v t c
May
3%
1%
5
Engineering.
Rice-Stix Inc
19
2% July
1
Jan
31% May
9% July
pfd
52% Mar
23
19
6.25
Co
Jan
%
23
•
Reading Tube Corp class A
Jan
% July
31,700
...
convertible
10%
Feb
;
3,500
Y
May
>19
Jun
Feb
1,900
2
4% Mar
Jun
8
28%
400
9
.
•'% Mar
Jan
1%
8%
IS
new
Markets
Rooilng
Tishman
Toklan
Vb
Railway & Light Securities—
$3
Jan
Jun
•
common
Corporation
Todd
R
warrant*.
17%
4%
Jun
Jun
5
3%
.
30%
31
25c
Light 7%
Shovel
Amer
Voting common
10
Railway & Utility Investment A
1
Rath Packing Co common
10
Raymond Concrete Pile common......*
Apr
3%
%
A
18
3%
•
Co common
&
Tampa Electric Co common
Amer
Aadlo-Keith-Orpheum option
Jan
3%
100% July
11%
(S)
Ray Drug common
Tilo
preferred
Jan
1,200
%
'
6%
Jan
6%
2% Mar
100
May
Jan
1%
5%
Quebec Power Co
30
Jun
300
7%
.
17%
1
1%
9%
92
Feb
28%
5
7%
Thorofare
common
May
29%
28
1
Corp
^hnr
Oats
45
400
1
Stop & Shop Inc
(Hugo)
Thew
Quaker
Jan
•
8%
12
10
Jan
18
1,000
1
common
Jan
99%
99%
36%
28%
1
common
95 %
98
•
com
15
37
•
& Co
(A)
300
1%
100
Pyle-National Co common
Pyrene Manufacturing
Jun
29%
•
200
9%
prior
25
28%
___1
8teel Co of Canada
8%
8%
•
$5
8%
14% Apr
of
Colorado—
cumulative preferred
Sound Power & Light—
3,200
1
10%; 10%
1
Providence Gas
Puget
-
Jun
7
Service
5% Jan
Jun
Jun
26
Jan
13% May
91% July
30
Jan
4%
v
4% Jun
6
*
Public
27
Feb
25%
Jun
14v
11%
3%
3%
Producers Corp of Nevada
Prosperity Co class B_
1
Jan
3% July
1
Standard Tube class B
300
15%
3%
2.50
America
8
Jun
29%
28%
•
Products
July
59%
100
•
Jun
2%
•
;
preferred
12
:
:
Standard Power & Light com
Common class B
3ft Apr
37%
•
common
of
16
2.50
,
Feb
6%
e
15
—
.—1 ;
10:
1
1
Oil
Jun
—25o
common
3%
600
3
26
26%
—..20 :
preierreu
Forgings Corps
(Ky)
Standard
Jan
58
59%
10
common
Jun
3%
Brewing Co
18
37
•
1
Mining Co
Powdrell & Alexander
Power Corp of Canada
7%
3%
Jan
2%
800
7%
Standard Cap & Seal common—
Stein
Pleasant Valley Wine Co
Pneumatic Scale common
Apr
iy8
1,100
2%
3%
•
..2.7$ /
1
Convertible preferred
10 '
Standard Dredging Corp common
1 r
Standard
$7
i-'A
•
—1
Pittsburgh Bess & Lake Erie RR_—50
Pittsburgh & Lake Erie
50
Pittsburgh Metallurgical common
8
cum
"2%
shares-
common
12%
*
i—•
1
26% Mar
Jan
1,400
Stahl-Meyer Inc
,.W
$1.00
Pbaris Tire & Rubber
common——50c
Philadelphia Co common.
Phillips Packing Co
preference
conv
Jun
8%
2,000
ft
106% May
,
Jun
4
32% Mar
Apr
2% Mar
100% Jan
:.;;"3:"
4.48%
Jan
% May
10%
3
25
25;
25
—25
25
1
5
•
4.88%
4.56%
Peninsular Telephone
93
Aug
Edison—
California
original preferred
cum preferred
conv preference
5%
87
25%
10
Pipe Line
20
%
%
12.50
common
89
10%
"
1 '
1
1
1
Corp
87
...
—1
Manufacturing Co
50
22
10%
•
Ltd
'•
21%
10%
1
Paper Mills
(Howard)
SSolar
38%
14 %
8
Smith
V
100 !
•
Solar Ah craft Co
37% July
1% JUtt:
4,600
1
& Elec Co—
preferred
City Gas
3.90%
Mar
Feb
23% Jan
"
Parkersburg Rig <fe Reel
Patchogue Plymouth Mills
Patlcan
■
.
July
15
200
•
Pantapec Oil (CA) Amer sh
Paramount Motors Corp—
Parker
17%
...
103
94
125
95%
17%
•
com
1st
preferred
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
425
102% 103
..
.1
3%
4%
4%.
',4%
.
4
.4%
200
1,400
500
3%
Jun
37
7%
Apr
6% May
5% Mar
United
Light
United
75c
Milk
.50c
com
30,500
%
May
Jun
350
25%
Jun
■30% May
21
Feb
30 % May
common
28 %
29
29%
Railways.:
Pre ducts
3*2
29
Corp
27%
30%
__
i
,
8
3"% Jan
32
32
*
32
Jun
2%
common
warrants
&
2%
2%
1%
500
...8
49.200
200
7% May
15%
participating preferred
Jun
Jan
39
ft
Jan
10 %
Jan
21
Mar
United Molasser Co Ltd—
Amer
United
dep rets ord regis
NJ
RR
&
Canal
4%
L.
.100
241% 241%
10
241
Jan
4%
Feb
July
246.%
Feb
page 35.
u
Volume 170
Number 4827
THE
COMMERCIAL
YORK
NEW
;
Week's
Friday
STOCKS—
Last
New York Curb Exchange
Sale Price
United
Profit
10 %
_25c
com
Shoe
Machinery
Preferred
United
U
S
and
$5
1st
Radiator
S
U S
Rubber
50
41
1
1
''
'
1
■
«
warrants.
IIIi
common.
.—1
3%
Utah
'
10
Apr
Jan
52%
Jan y
Feb
A 7s
Jan
Altalian
Kansas
Electric
Jan
Kansas
Power
McCord Corp
Jan
'25
24
50
2%
23
1%
23%
21
1,400
Jun
2%
Jan
Power
3%s
at
4%
Power
1st
1966
convertible'
$4
preferred
Vanadium-Alloys Steel Co
Venezuelan
200
4
4'/a
4
4%
2%
2%
2%
•
10%
10%
10%
Jun
71
25%
Jun
Jun
2,500
to
1963
100
50-year
Jan
12%
5J/2S
Co
•
1947
Elec
Wagner Baking voting trust ctfs ext.*
7% preferred.—
100
8
$2
6%
Watch
Voting trust ctfs
Ward
Baking Co
Warner
1
i
w
1
150
9,500
1%
warrants
1%
11,900
13%
800
2%
100
Aircraft
Corp
1
Manufacturing
1.25
West Texas Utilities $6 preferred
•
Western Maryland Ry 7% 1st pfd__100
Tablet
&
Stationery
.
;
Wichita
River
Wickes
Willson
—
Winnipeg
Elec
Wisconsin
Woodall
&
(F
American
pfd
W)
15%
211/4
Jun
26
27%
Jun
36
Jan
22
Jun
May
Terni
2% July
*•19
May
Jun
5%
y5%
9%
10
—
10
4%
<•••
.
600
__
——
29
29
29%
200
10%
ioy8
10%
Feb
8
10
200
23%
__8
—n
~
--
—5s
7%
Feb
7%
100
"1% "2%
3,900
—
33
xG%
14
Jun
10
26
51
5
148%
159
17
101%
104
100%
101
109%
114
Elec
&
199
M-N
.
MS
$1101/4 111
M-S
>
J-J
105%
1051/2 105%
103%
$1041/2 106j/4
105%
106
104
104
103%
106'A
$100% 103%
99%
101%
106 % 106'/a
IO41/2
A-O
J-J
1051/4
105% 105%
1
F-A
3J/4S
1970
$104
F-A
1989
M-N
1950
..1966
1
'106
1
IO6V4
77
78
77
A-O
126
126
123
-A-O
67
67
63
72
18%
52
1946
J-J
-
95%
127
1946.
A-O
42%
42%
10
42'/2
6
18
57
A 38%
42%
4
30
59
28%
50%
Industries—
Electric
Service
ex
Dec
1
1
Co—
Z
39
1940
1947
•
52
•
$30
coupon
.
$30
—.
1954
M-S
1964
J-D
2030
A-O
West Penn Traction 5s
1960
J-D
1959
F-A
Electric
Penn
Western
55
$50
1956
1956 >
coupon
y
Hotel—
debs—
Income
-56 'A
v
.
5s
87
87
87
106%
119%
100%
y
-
—
109
118%
2
108
105
-
106% 1061/b
$119%
82%
A
3
♦107% 107%
103
Newspaper Union—
6s conv
Jan
8
f debentures
s
101
101%
.Jan
8% May
£1
preference
Wright Hargreaves Ltd
"2%
•
ltt Jan
2&
Apr
Foreign Governments & Municipalities
y t
Friday
BONDS
Interest
New York Curb Exchange
,
50%
—
stamped
with Dec
A5s
Apr
107/8
10% Jun
..
106%
157% 157%
West
104% Mar
Jun
105%
102% 103J/2
Washington Water Power 3'/2s
15% Mar
Jun
8%
'2nd
A7s
Jan
98
(Calif)
Corp—
stamped
A7s
Jan
5
Jun
206% 1061/a
A-O
1970
trust
Waldorf-Astoria
Apr
13
'
96,
106 J/a
Hydro-Electric Co—
United
Jan
9
8% July
2% Apr
150
4%
__
5%
400
106%
93
105%
A6J/2S with Aug 1 1940 coupon—1953
A6%s ex Aug 1 1947 coupon
1953
15% Mar
7
103
J-J
1
1965
3'As
Gas
5s
(Hugo)
A7-4s
Feb
,
Jun
15% July
21
96
$105% 1061/2
J-J
,1952
Corp inc 5s
3rd
Stinnes
Apr
1,200
96
(Hugo)
A7-4s
Feb
155
100
■7%
Ltd—
deposit receipts
Stinnes
Jan
2
15%
—
2
common
Apr
7%
115%
100
Inc
1%
Jun
1,100
105% 106 J/4
$104'A 105
J-D
,
1973
Gas
Gas
collateral
5s
''
•
Lt 4%%
Petroleum
Woolworth
29
7%
1
common
Pwr
AStarrett
Jan
—
_.
—
25
w
Industries
Woodley
6%
w
IV2 July
4% Jan
14
1
common
preferred
29
—
•
^
Inc
Brothers
5%
29
10
5
Corp
Spalding (AG)
138
—
—
1
& Co
Southwestern
Jan
"112
—
'*::
—
1
Corp
(R C)
Products
Wilson
*■
Oil
(The)
Jan
2%
Feb
108
106%
J-J
3s_1981
3s
mtge 3s
10%
20% Mar
—
1st
Jan
61/2 May
10
Inc
Weyenberg Shoe Mfg
Whitman (Wm) & Co
2%
% July
6%
—
20
Westmoreland
111
1/4 Aug
1% July
—
~C7/e
—
com...*
Westmoreland Coal
Williams
Counties
:9e
1%
Wentworth
Western
Southern
'8%
105J/2
A-O
1971
Mar
Mar
A-0
50
Edison
California
5? May
61/2 Jun
106
$30
1st & ref M 3s ser B
Southern
%
__
__
900
105%
104%
—1973
Jan
109'
-
65
103%
1960
A
series
9%
8%
__30
'
Co
y
57
103% 103%
$106JA 106%
:
1998
California
Apr
1%
57
57
57
MS
M-N
1952
1%
1 %
1%
109%
102
Co—
A
7% July
500
105
108%
100'A
coupon—1960
coupon
debs
series
Jun
8
—
1
preferred
cum
Waltham
1%
3%
Bond Inc
&
;;'r
7%
-
..
Waitt
'V
IO21/2
$100% 103%
1968
Gas
&
3 '/as
«...
•
105
$109 J/e 109%
Co—
1940
1
1
Southern
__
$103
;
Jan
W
Aircraft
40 J/8
1961
Safe Harbor Water Power Corp
San Joaquin Lt & Pow 6s B
Waco
52%
21
38 J/4
38
•
Queens Borough Gas & Electric—
Jan
3
Oct
Oct
Service
Public
Apr
38 'A
A-O
1967 A
mtge 3%s
Hydro-Electric
ex
78%
27%
3
J-J
1970
A6%s
Jan
5%
1% May
10% Aug
600
r-
6%
52J/a
F-A
Lexington 1st mt^e 3s
1964
Pennsylvania Water & Power 3%s_1964
34% Mar
3%
*
20c
Inc
Jun
63
1
Syndicate
Itfanuafcturing
Vogt
4%
5
Petroleum
Venezuela
4%
High
62
1971
1st
A6V2S with
1
common
76
78
by.
mtge 3s
Piedmont
Corp
3-D
..
1956
I
Jan. 1
Low
No.
$30
-
Park
24% May
'75%
77%
J-J
1969
Range Since
Sold
High
501/2
1963
& Light 3 J/2s_
deb 4J/2S
Bonds
Friday's
•..
1952
*>
3'As
Valspar
or
Bid & Asked
1952
coupons
Light 4'As
England Power 3 "As
Ohio
Apr
..^,
J-J
Milwaukee Gas
New
Jan
26
Feb
2
.-•
Valley RR—v/ yyy-y ,yiy
Extended
Jan
50% July
x25% Feb
Aug
21%
1.100
Midland
Jan
2%
Jun-
Feb*
1947
1
Aug
Jun
1%
'
ctfs
Superpower
6%
35%
23
Nov
ex
3%
Jun
500
24
2%
Week's Range
Last
Sale Price
Period
Co—
escrow
79%
16% May
"
Feb
Jun
1
Interest
Exchange
Isarco Hydro-Electric Co—
A 7s with Nov 1 1940
coupon
Aug
8%
3%
>=,■
Power
A Debenture
Jan
41
*
Interstate
1%
21/2
1,000
23
—
1%
7%
;
12% Mar
'" • "!
2
24
—
Jun
'
50%
2%
.
.
Low
Jun
73
300
1%
•
common
100
49%
23
5
Light
300
.
—
—10
common
Sugar
1,000
3%
4
——
49%
Insurance.
Power ,&
y
„
New York Curb
% July
2,200
14%
•'1V
.
37%
6%
-V
79%
3%
79
1
y:y4
_50c
Universal Products Co
14
14
.
'
•y- 79%
*
•-
'
_10c
5
High
4% Aug
42% May
120
%
%
1,375
40%
Reclaiming Co
Utah-Idaho
350
49%
United Stores Corp com
Universal Consolidated Oil
Universal
5%
41
Securities.
with
600
50
—
International
preferred
Low
%
4%
J-
AUGUST
Range Since January 1
High
\h
/
EXCHANGE
ENDED
Friday
25
common.
Conditioning Corp
U S Foil Co class B
U
•
•
■
WEEK
(519)
BONDS
Shares
...25
oommon„
—
—
Specialities
Air
—.
—10
preferred
United
U S
Sharing
CURB
FOR
CHRONICLE
for Week
of Prices
Low
RANGE
.
FINANCIAL
Sales
Range
Par
&
Period
Last
or
Sale Price
Bonds
Friday's
Bid & Asked
Range Since
Sold
Jan. 1
'
Low
Appalachian Elec Power 3%s
:
No.
High
-
Low
High
J-D
1955
Jlf-N
1964
J-J
1960
J-D
107%
107% 107%
17
105%
1
100%
103
106
106%
106%
BONDS
107%
102% 1021%
Week's Range
Friday
'
1970
T—( 0 OO £
Interest
Last
or
Bonds
Friday's
Range Since
'
Tel
Assoc
Atlantic
Bell
5s
deb
Tel
&
City Electric 3'As
Telephone
series
of
Steel
6s
1998
1970
106%
—
J-D
106% 106%
Q-F
23/4s
Edison
$105% 107
New York Curb Exchange
5
(20%
A5%s
redeemed)
$162% 165
102%
1948
Cities Service
5s__
Jan
yy Debenture 5s
Debenture
J-J
1601/a
102% 102%
100%
1954
redeemed)
(20%
M-S
103%
1966
99
€9
89%
1001/4
68
92%
103%
107
A-O
MS
'm»P»
■
107%
6
104 i/e 104%
'
17
107 y-y
107
«...
J-J
J-D
1st ref mtge 2%s ser Q
1969
1976
1st ref 2%s series R
1981
A-O
102
102
2%s
1962
MS
105%
1954
A-O
4
105% 106%
3s
Gas El
Lt
(Bait)
& Pwr
debs
Consolidated
Gen
Gas
(Bait City)
90%
90%
91
105
1st mtge
of
N
J
107'%
87
91%
165
Water
&
RR
-
$102
104%
Finland
5s
ex
Nov 1
99%
101%
103%
102
1
99%
15
IO2V4
111%
Jlf-N
54
54
56
34
May
37
36%
37
4
J-J
1956
5s
1947 coupon
MS
99 %
$117 %
102
ser
11
99%
112%
A6%s
A6%S
63%
S.3%
116
100 y4
A 7s
A7s
(Aug
series
A7s
$100JA 100%
J-D
$103% 104
1952
—.—•
.;
y-
■■
6
80%
37%
43%
70%
--
-
82
83%
'-'fy
$7%
9
$13%
80
I70
"
reduced
•
y
16
6%
12%
13%
15%
y
41%
1970
M-N
3-D
27
1
24%
29
43
43
43%
9
37 i/e
43%
41%
451/8
61%
80
Jif-N
of
1947
A-O
1931
1972
3-D
2008
J-J
1997
J-J
2%
2012
J-D
6%s.:
1919
M-S,
1921
J-J
(issue
stamped
1927)
Oct
(Republic of)
J-D
y
H
"
v
103%
">_
106%
J-J
1952
1952
coupon)
.
32%
57
57
6
31%
57%
56
2
32 »/2;
56
56
/
7
56
1957
coupon)
$30
$70
30
16%
16%
27%
—
75
30
-1
to
■
2
26%
—
31
41
15%
18%
"2%
2%
24%
29
27%
3
2%
2%
70
2
3%
2%
'
2%
57
2
3%
a Deferred delivery transaction (not included In year's range),
d Ex-Interest,
(not included in year's range),
f Ex-distribution,
g Ex-stock div.
h ExUnder-the-rule transaction (not included in year's range),
r Transaction for cash
(not included in .year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
Odd-lot
principal
value,
transaction
n
sales being transacted during current week.
$Friday's bid and asked prices; no
57
55%
F- A
$46%
~~Iy'
stamped (Plan A)
reduced
Government
♦No par
e
68
-
56
1955
coup)
$46%
—
(ser A B C D E)
A5%S
103%
Ju
•7
27
102%
40%
103% 103%
27
1947
65
'■
:?
40
M-N
J-D
Interest
102'A
—
2008
2%s
to
1951
7s
Rio de Janeiro
99%
11/
t.ii
M-S
City
Is to 2%s
41
52%
.
$33
F
1941
€5
41%
1958
1957
1941
(July
J -J
$58
i
series E
A7s
$76
J-J
Peru
117%
Sec—
1941
F-A
ARussian
1963
C
(Dec 1
:
43%
43
1953
A7s
48'A
33
MS
1955
Power
series
$67%
5s—.—-1
Mortgage Bank of Denmark 5s
Parana stamped (Plan A)
Interest reduced to 2%s
$30
RR—
A
International
.
$79%
AMedellin
32%
—
1961
1950
(coupon on)Ex-coupon market
Indianapolis Power & Lt 3%s
6s
V
43
M-N
Mortgage Bank of Bogota—
A7s (issue of May 1927)
106%
49
50
50
1953
Grand Trunk Western Ry 4s
Green Mountain Power 3%s
Western
High
—
Loan—
AMortgage Bank of Chile 6s
1965
stamped
&
Low
$67%
1955
Interest
Residential Mtge Eank—
Guantanamo
Municipal
—;
J-J
J-D
(Peru) 6%s stamped_1958
Maranhao stamped (Plan A)
106%
$111% 112%
Elec Mfg Co—
A6%s with Nov 1 1940 coupon__1953
A6%s
Jan. 1
No.
"
Marelli
Lt
A-O
5%s
ALima
$106% 107
J-J
1993
1993
4s ser A
.
Ercole
Cons
Sold
High
Mortgage Bank
Danzig Port & Waterways—
AExternal 6%s stamped
Division—
A 1st mtge 4s ser B
Eastern Gas & Fuel 3%s
Elmira
Low
•'
External
104%
106
r
Delaware Lack & Western RR—
Lackawanna
Bid & Asked
External
107%
7,102%
y'
Danish
—
4%s
mtge
Sale Price
—
1st ref mtge 3s ser P
conv
?7
20-year 7s
A 20-year 7s
102%
100%
1977
Co.nsol
>*.
A
162%
100%
32
102% 103%
M-S
1958
1969
5s
Debenture
*'!
f»
(Col) —
April 1948
—Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Agricultural
gCentral States Electric Corp—
A 5s
"/t
/,
Period
Canada—
C
Bethlehem
Boston
5%s A
57
11
31%
57%
57
57
5
37
57
57
57
6
32
57 J/2
ABonds
I
being traded flat.
SReported. in
-
receivership.
\
j
"cons," consolidated; "cum," cumula¬
"n-v," non-voting stock; "v t c," voting trust certificates;
"wl," when issued; "w w," with warrants; "x w," without warrants.
' y 2
Abbreviations
used
above—"cod," certificates of deposit;
tive; "conv," convertible; "M," mortgage;
,
Stock and Bond
Below
listed
on
Averages
the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.
are
-Stocks-
20
15
Indus¬
trials
Date—
July 30—
Aug.
1
Aug.
Rail¬
;
Util¬
roads
ities
—
—
»
Total
65
Stocks
10
Indus¬
trials
Second
Compiled by National Quotation Bureau, Inc.
10
First
;
Total
Grade
Rails
-
Util¬
ities
Bonds
62.69
102.09
102.64
85.08
104.99
177.56
45.07
36.00
62.93
102.23
102.88
85.09
105.03
44 99
36.12
62.87
102.13
102.96
84.95
105.15
98.80
177.06
44.84
36.29
62.85
102.15
103.05
84.88
T05.18
98.82
179.07
45.92
36.69
63.74
102.26
103.55
85.14
105.14
99.02
—
-
2
-
Aug.
98.81
177.19
—
2
1
Aug.
98.70
29
Aug.
35.85
176.84
Closed
July
Closed—
3
Aug.
4A
-
*Aug.
4-
Aug.
5—
-
Aug. 5—
—
High
33.26 Jan 24
31.10
Low
27.79 Jun
15
31.18
Range for 1948
31.34
"
Aug. 3
Range for 1949
Closing
Date-
40
Rails
Grade
Closed
10
44.95
—
Average
(35 Stocks)
-Bonds—
10
30
Over-lhe-Counter Industrial Stock
>
31.32
High
37.83 Jun
10
31.40
Low
32.37 Dec
29
*Kv.'
v
nt-v.sf!*
35
36
■
COMMERCIAL
THE
(520)
&
OTHER STOCK
r
RANGE
FOR
WEEK
Monday, August 8, 1949
CHRONICLE
FINANCIAL
EXCHANGES
AUGUST 5
ENDED
-
Friday
Boston Slock
Week's
Friday
Last
STOCKS—
of Price*
American
Refining
Sugar
'"Too
'
28%
Jan
Indep
.
Indianapolis' Pr & Lt Co common
International Harvester
*
36%
Jan
Jan
38%
35
Jan
120
Mar
120
Jan
La
120
Jan
Libby McNeill & Llbby common
Lindsay Lt & Chem common.
Jun
22%
Jun
342
25%
—100
107
104
25
42
Albany RR
boston &
14
Boston Edison
107
42%
41%
110
215
116% 120
Xi
Katz
Drug
100
Apr
2,103
40
July
43% Mar
Co
—100
A
class
5%
16
15%
16
920
15%
—100
—
33%
33%
35
153
Switchboard
19%
Jan
Middle
6
Mar
Apr
$1
Apr
Monroe
Field
Marshall
Jan
7
Jun
stamped—
stamped—
—
100
3%
—
3%
20
5
mm mm
.
5
50
5
Jun
,
Street
Mass
Eastern
•
Co
Range
Copper
2;;~
Hart Inc common vtc
Miller &
5%
pfd adjustment
17
Feb
48 %
May
10%
95
8%
Jun
12%
60%
90
57
Jun
68%
25
Aug
39
Jan
Jan
19% Aug
mmrnm
305
25
25
25
19%
19%
19%
32
33%
210
»
65%
64%
65%
35
37%
37
37%
1,831
27%
28%
245
47
47%
10%
11
X
340
33%
;;.x:x
—i
Electric
Safety
<
Co
Razor
28
,
Central
Maine
•
—100
Copper
RR
common
x:
:
Mergenthaler
29
May
35% Mar
Jun
American
Oak
.V
—
'
•
*CI-
Manufacturing
|
53% Jan
33%
65% July
40% Jan
Service
Cos
X
•
——
'•V
Jun
'immm
-
6%
Jun
7% Mar
7
7
100
6%
Jun
8%
45
45
100
39
July
64%
Apr
21%
21%
100
21% Aug
23 V*
Jan
23%
23%
1,800
19%
Apr
24
Jan
9% July
1% Jun
12
Mar
68%
Jun
Sangamo Electric
41%
Feb
Schwitzer
52
Aug
:
46
125
Jun
8%
305
10%
800
13c
Jan
11% May
Jun
17c
9%
8% Aug
15%
7%
preferred—
Jan
10% May
79
Apr
87% Jan
100
27c
Jun
45c
283
14
Jun
17%
400
27c
14%
X
4%
—
Louis
'rrn'mmj: -T
Securities
common
Co
IIII*
33.,*
5
Drill.,
•
Co
United Shoe Machinery common— III25
10
U S Rubber Co
:
■'>
'w
,
.
X
4
200
4
4%
v
Roebuck
Sears
—
Prod
Shellmar
Jan
Feb
Standard
28
28%
650
31%
Jan
24%
24%
100
24% Aug
31
Jan
24%'
24%
100
22%
25% Mar
•
1
common
5
Oil of
Abbott
Laboratories
Steel
Acme
Co
26c
Jan
Sundstrand
13%
Jun
15%
Jan
Swift & Co capital
12%
Feb
11%
Jan
13
Aug
Texas
29%
Jun
34 V*
Jan
Trane
27%
Jun
35%
Jan
44%
Jun
X13//..;
34%
195
32
13c
100
30
49%
50
Jun
208
t
2,447
520
33%
34%
135
25
638
Week'a
Admiral
Corp
Mach Tool
(The)
Co
Alum
Advanced
Ball
Aetna
Allied
Castings—;
Bearing
Laboratories
„5
United
U
43 %
Jan
S
•
common
19%
20%
14
17%
17%
4%
4%
8
8
2
20
St Corp
.
Berghoff Brewing Corp
Binks
Mfg Co capital
Borg-Warner
Brach
Bruce
Corp
Co
(EL)
Burd Piston
preferred
H
Central
Secur
Corp
33
Jan
23
150
22% Aug
29%
Jan
10
150
9
Jun
11%
Jan
34
Jun
41%
Aug
26%
Jan
500
10%
400
Jun
13%
Jan
24
500
22
Apr
28%
Jan
600
10%
Jun
13%
Apr
19
Jun
8%
11
11%
.20%
14%
1,000
21%.
15
150
8
8
9
500
7
3%
3%
900
27/8
Jan
Jan
10 1
Jun
3%
Jan
24
21'/a
13% July
Mar
4% Mar
8%
8%
50
8%
Jun
10
39%
40%
600
36%
Feb
417/a
5
May
Feb
Apr
200
49% Feb
55% May
*
•
5
common
1
Corp
Inc
Lines
Anaconda
Range Since January 1
200 %
37%
Jun
44
18% July
13
Aug
1,200
Copper
7
"■
Aug
Jun
11%
Jan
27% Jun
800
7
32 V*
Jan
6%
Bethlehem
Canadian
Feb
350
4% Jun
5% Mar
100
7
Jun
10%
Jan
common
new
25
Columbia Gas System Inc_.
Continental Motors
Jan
General
Electric
1%
Jan
General
Public
100
19% Aug
150% Jan
4%
4%
Jun
5%
Jan
Graham-Paige
350
1%
Jun
2%
Jan
Laclede Gas Light—
400
5
30%
5
31%
200
11
12%
1,350
5%
6%
1,850
10%
10%
350
10
Jun
13%
Jan
Pan
47%
47%
100
43
Apr
53%
Jan
Paramount
Farnsworth Tele & Radio—
May
7%
Jun
36%
Jan
New
11
Jun
15%
Feb
Packard
Jun
7%
Co
Utility Corp
Motors
41%
1,800
25%
Jun
30
20%
'
Jun
24% May
Jan
May
200
20%
Jun
26
Jan
12%
12%
100
10%
Jun
13
Jan
10%
10%
550
10 %
Jun
10% May
10%
10%
10%
500
10%
10
10%
700
13
12%
13
500
9% July
Jan
13
2%
28%
28%
23%
Feb
3 r May
7%
Jun
10% July
14% Jan
10
200
23%
300
Jun
25%
Jan
35
Jun
Jun
26%
Jan
May
19%
86
103 %
Jan
33%
Jan
27%
28%
400
23%
12%
12%
12%
500
10%
Jun
14%
Jan
11%
11%
100
9%
Jun
13%
Jan
10%
10%
360
Jun
11%
Apr
5%
5%
300
5%
Jun
8%
Jan
8%
8%
100
7%
Jan
9%
Apr
10
Jun
May
7%
37%
37
37%
800
34%
Jun
39%
Jan
14%
14%
14%
200
11%
Jan
14%
Aug
1%
1%
100
1% May
3 V*
Jan
6%
7
1,800
4% July
7
Aug
1
"7
>
Jan
Pictures common—
40
Mar
50
Jun
22
July
Pure
Oil
Co
33 %
Co —
(The)
17%
200
7%
100
12
Jan
Radio
15%
50
13%
Jun
17%
Feb
Radio-Keith-Orpheum
7
400
6%
Jun
9%
Jan
63
125
Steel Corp
Rexall Drug Inc
14%
6% July
63
Aug
10%
Jun
15%
Jun
13%
Jan
200
Z
14%
3%
3%
Jun
4%
Jan
"3%
Jan
Jun
10%
19%
Jun
21%
Feb
8%
Jan
12
Apr
Jun
32
8%
"9%
"9%
28%
9%
•
common
13%
1,200
9%
14%
—
2%
1
Corp
Airways
American
*
*
Car—
Motor
7%
63
Jun
Jan
4%
Central RR capital
York
15%
6%
25
Jan
44% Mar
34
Jan
25%
Pepsi-Cola
17
30
23%
X;?25
May
42% Jun
200
29
24%
_LI—III
5%
50
20
60
1,100
10%
—
7%
43%
39%
22%
*
Apr
43%
43
27%
Ry Co
Jun
1
500
23%
38%
11%
Steel
Pacific
Certain-teed Products
Jun
200
17% May
22%
42%
23%
Aug
14% July
20% May
15%
Santa Fe
Atchison Topeka &
20% Aug
60
Mining capital
Corp
Armco Steel
High
1
*
50
10
100
2
1
July
30% July
41%
12%
common
Air
1
63
22
150
55%
4%
100
_____
70
33
55%
1%
6%
23
900
5%
10
common
Jan
23%
30
Radiator & St San com
5
X
8
10
7
*
American
138%
17%
Jun
1,600
5%
2'/a
1
5
Stocks—
150
—12%
100
40%
39
Machine dapital
Yates-Amer
>-.
2,900
1
•
common
Corp
Bros
4%%
capital—
J)
Ring common
Burton-Dixie
Butler
(E
Sons
&
common
6
24
•
(new;
Inc
142% 142%
5%
7%
6 V*
Aug
10%
capital (new)—*
Bankshares
Wisconsin
200
11
106
9%
2
*
,_10
1
Aug
30%
1
Bastian-Blessing Co common
Belden Mfg Co common
106
8%
5
common
100
29%
3
Corp
Mfg
Jan
106
30%
3
Washer
Avco
Jan
106
6%
—25
2
Westinghouse Elec & Mfg com
19%
—4
Athey Products Corp capital
Automatic
Jan
6%
Cur tlss-Wright
18%
~7%
Jan
8
25
common
common
common
Alleghany
700
1
9%
Jun
41%
11%
1
*
5
1
4
5
common
Mfg Co common
Jun
6%
9%
21%
Nash-Kelvlnator Corp
& Co
Armour
Asbestos
6%
300
22%
X
1
American
Low
13 X
& Tel* Co capital—100
American Tel
Shares
197/a
19 %
300
6"%
25
1
5
Light & Rys Co common
Steel
Unlisted
High
44
-*
common
7%
Jan
26%
Sales
of Prices
4%
:
stock
La Salle
South
Jan
for Week
Low
1
common
\
Range
13
*
Feb
23
*
capital
common
Union Carbide & Carb
54% Mar
20% May
42%
—10
.
common
Jun
6
__
*
5
common
(The)—_—
Co
52%
42% May
32% Jun
24%
(new)—5
common
.
17% May
Last
(new)
Adams Mfg Co (J D)
25
FebMar
32%
•
capital
Corp
125
48%
Sale Price
59
7%
10
common
Ind capital
Container
100
49%
Par
Jan
41%
Jun
6%
6%
capital—
Forgings
Standard
Chicago Stock Exchange
-Jy-f.
25
lo
21%
36% July
47%
Jan
Apr
%
;
Apr
20
Spiegel Inc common
Standard Dredging common
7
,
..-.i
Jan
20
Bend Lathe Works
190
50
Friday
Jan
14%
100
Sinclair Oil Corp—-.
Wieboldt Stores
STOCKS—
100
Jan
11
Apr
5% July
12
52%
common
Strap
Steel
Signode
13c
29%
12.50
Corp
450
22%
B common— —III
Corp common
16
32
49%
——
Electric
3,550
37%
Co
&
14%
33
■
7%
12%
2%
52%
class
Corp
5%
July
4% Aug
60
13
Tmm'mm'
1,900
6%
Co common
capital.—— ——1
15%
rj
J.x-
2%
12%
7%
Cummins
13c
•
*
100
10
22%
Stockyds
Nat
14%
100
———_ ~
Webster Inc.—
Westinghouse
Jan
Jan
25c
.
8% Jan
1,435
84
4
2
17%
Feb
14%
4
10
2
19%
58
81%
14%
10
Jun
34"% July
27c
—50
23%
Jun
St
"
-2.50
————
Shawmut Association
Fruit
10
16%
Stone
United
Feb
300
Jan
14%
8%
84
Co
Mining
Co
Twist
15%
1,300
6%
,14%
14% May
100
15c
'
'.V'-V
2.50
Pennsylvania RR
Rexall Drug
Union
Jan
Jun
14%
6%
6%
100
56%
8%
9%
—100
North Butte Mining——
Tor ring ton
Jan
7%
13%
14%
*
300
Jun
13%
'
20
England Tel !& Tel
Elec
27%
Feb
300
17
South
Suburban
Jun
800
7%
14%
Jan
52
■
—
—
England Electric System
RR
23
25%
25%
16%
40
52
*
Linotype
v;;
&
25% July
14%
X10
20
■vS-« xSt
Stone
Jun
25
220
30
5
Rutland
25
2%
23% July
37%
prior preferred
210
62
1
Quincy
150
100
Pennsylvania RR capital
—50
Peoples Gas Lt ,& Coke capital——100
Pressed Steel Car common
—1
Jan
37
Nash-Kelvlnator
New
Jan
3%
25Vb
*
common
Car
33%
-viv./'- r 37
*
Corp
Narragansett Racing Assn
New
Jan
4%
3%
25%
—*
Peabody Coal Co common
Serrlck
National
18%
—*
&
Northwest Baucorp common
23% Jun
62
Chemical
Mathieson
Jun
Co
Co
Rath Packing common
Kennecott
14%
13
pfd
common
Ward
Standard
National
•
•
,
Mfg
Chemical
Montgomery
5%
Gillette
14%
200
23
59%
15
•
_
National Stores—
General
Jan.
14
7%
Jan
10%
:;T\
'
100
Lines Inc__———
Employers Group Assoc
First
Jan
30%
10
preferred
prior
North
—100
1st preferred series A
SS
14% July
38 %
16%
48
Ry—
6%
Eastern
11%
Feb
•
Products
capital
West Corp
Modine
10
—
150
15%
47%
16%
Service
Jun
24
1
5
1
Co common
&
Food
Mickelberry's
pfd
1st
class B 1st pfd
Cities
50
100
*
—5
common
Co
Material
43
29% July
3% Aug
Railroad—
& Maine
prior preferred
8%
10%
25%
.
Stamped
1%
High
Low
10%
25 %
7%
1
*
—.5
Boston Elevated Railway—
Boston
Range Since January 1
High
7
;
common
Salle Ext Univ common
Line
1
Shares
Feb
Jun
for Week
25%
1
•
Kellogg
pfd——100
Bigelow-Sanford Carpet 6%
*
Tool common
Prod common
Pneum
Indiana Steel
150%
32% Mar
138
2,807
Illinois Central RR common
High
40%
10
100
capital
Brick Co
Illinois
34% Mar
50
90
27
28%
■
;
Range Since January 1
40
25%
1-50
Anaconda Copper
36
142% 143%
25%
—
.
''
LOW
38%
36
143%
—
•
American Woolen
,
High
38%
—100
Tel & Tel—
American
•
.
' X
Shares
Low
Par
Chemical
for Week
Range
of Prices
Low
Par
Sales
Range
Sale Price
American Agricultural
Sale Price
Bales
Week's
f
Last
STOCKS—
Exchange
28%
10%
10%
1,600
.
25
100
-
Apr
Apr
Jan
63
Aug
of
Corp
America
Republic
1%
1%
—
•
141/4
14%
common.—
5
li7/o
11%
12
Chicago Corp common
Convertible preferred
1
*.
10
10
10
200
61%
62%
100
Chicago Milw St Paul & Pac vtc_.
*
6%
6%
400
4%
Jun
7%
Apr
2'/2
51%
51
Sunray
51%
900
45%
Jun
57%
Jan
United
Corp
10
48%
48
48%
500
39%
Feb
48 %
Aug
Wilson
&
5
18%
18%
18%
100
16% July
28%
27%
27
27%
25
10%
8%
8%
"4%
9%
Jun
14%
Jan
200
7%
Jun
9%
Apr
100
17%
Jun
-27%
Jan
4% Aug
5%
Apr
400
8%
20
20
4%
4%
1,500
?: 1,600
14 y8
Jun
17%
Jan
500
60%
Jun
73"%
Jan
12
Jun
16%'Jan
Feb
23% July
11V* Jan
25%
Jan
30
Apr
Jan
25
*
1
•
2%
common
common
27% Aug
Convertible
Central
& S
Chrysler Corp
Cities
(The)
common
Co
Commonwealth Edison
Consumers
;
Inc
common
'
250
% Mar
1%
Jan
3chenley Distillers Corp—
100
11%
Jan
14%
Feb
2,600
10%
Jun
12%
Apr
Socony Vacuum Oil Co
Standard Oil of N J
9
Feb
61
Jun
11% May
65% Jan
'
Standard Steel
5%
4,300
Jan
____♦
preferred
-(new)_.
Crane Co common.
Dodge Mfg Corp
10
20
common
Credit Corp class A
Elgin National Watch
15
Pour-Wheel
10
Domestic
Drive
Auto
1
3%
20
10
16% July
30
20
22
Jun
38 X
Co
100
22%
Jun
31%
5%
Jun
7%
Pox
(Peter)
Brewing common
Finance
General
Motors
Corp
Corp
common
common
1%
6
3%
3%
1,700
2%
Jan
12%
100
12%
Feb
13
200
Jun
6
Jan
10%
8%
5%
10
62%
61%
Gossard Co
Great
(W H)
Lakes
Hammond
Dr
&
10%
5%
4
62%
750
6%
Jun
10% Aug
5%
Jun
6% Mar
12%
11%
12%
300
Dk
*
14%
14%
14%
900
common
Laundry Mach—
1
Brew
Co
*
'
11
250
cap
1
20%
common
x
j\
25
*
*
19%
7%
3
43%
43%
14
'
20%
8
44%
14
2,550
Jun
62%
70
9%
Jan
Champion Paper & Fibre pfd
32%
Jan
Cincinnati
Advertising
Gas
10% July
14% Jun
17
Jan
15%
8% Mar
19
15%
6
page 44.
C
N O &
&
43 %
Feb
Aug
Jan
Sales
Week's
Range
*•
for Week
Shares
Range Since January 1
5%
21
5%
100
4%
20%
21%
116
64
10
20%
12%
13%
14%
96%
12%
96%
High
Low
High
6% May
Feb
Jun
25%
Jun,
12
15%
Mar
12
Jan
X
Jan
14% Aug
*
5
4%
5%.
10
230
96% Aug
96% Aug
4
5% Aug
Feb
26%
Apr
30% Aug
15
76
Jun
90%
Feb
'4%
511
4
Jun
7%
Jan
73%
251
Jun
76%
Jan
3%
100
7%
Jan
29%
30%
78
30%
78
167
25
Street
Cine
Crosley Motors
Mar
&
Sub
Bell
20
Tel
4%
50
,73%
73
3%
——
—
4%
.10
63
3% Aug
50
15%
19% Mar
Jun
19
19
23
24
70
23
Jan
52
52
152
44
Jan
6
6
150
6
Jun
20% Aug
Apr
Aug
Prod
Electric common_8%
T P common
11% May
9%
,j
.t,
17
*
Jan
Formica
Jan
53
''mK
see
4
11%
Jan
Jan
22
Jan
12% July
'
For footnotes
Jun
Jan
Feb
Jun
150
,20
I——20
8
6
100
21
9%
2%
11
of Prices
Low
—
Eagle-Picher
new
He in Werner Corp
Hibb Spencer Bartlett commoh
Border's Inc
11
20
800
14%
1:
Brewing
16%
800
1,500
10
—
—
Last
_#
Industries
Baldwin
Burger
23% X
3%
; Par
Cincinnati
10
9%
Friday
Aluminum
22%
10
Sale Price
52
Co—
common
V
Cincinnati Stock Exchange
24% Jun
450
200
•
Common
(G)
1,300
7%
28%
7%
28
23%
—
3% July
200
common
Instrument
Harnischfeger Corp
Hellman
7%
1
common
Jan
1
28%
66%
stocks—
441/2
1
15%
Jan
6
12%
*
15%
66%
4
Cincinnati
Gibson Refrigerator Co Common,
Gillette Safety Razor common
15%
66%
Jan
200
15
—1
ft®:
American
General
Spring:
Jan
26%
-
1
Oil Corp
Jan
26
26%
6
20
26
50
25
—1%"
25
Inc—
0
•:
Co—
Common (new)
Cum
•
Studebaker Corp common
(new)
Service. Co
Coleman
common
preferred
V
Gibson
Jan
■
Insulation
Art
Hatfield-Campbell common.
27
•53 i
~
Apr
July
10% Jan
i
Volume
170
Number 4827
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Friday
STOCKS—
Week's
Last
y
'
■'
-
■
Kroger Co
Par
1,1'
'
*
•
•
•
Lunkenheimer
Magnavox
Procter
&
Randall
Western
•
Gamble..
STOCKS—
15%
15%
7%
7%
406
'
V
43 y8
Jan
31
7%
'<
66%
67%
305
57%
<21
Aug
Detroit
Jan
Federal
9%
10%
155
7%
Jan
7J/4
7%
7%
50
10
23 V2
23%
145
Mogul
_
Fruehauf
1
Rolling
American
Tel
Gemmer
Mill
Tel
&
10O
_
Chesapeake A: Ohio
23
142% 143
.
138
31%
31%
47%
47%
Jun
Products
•
27%
28
150%
<—'
•
Gas
Commonwealth
Dayton
Power
Federated
Jun
34%
Jan
37%
Feb
48% May
25%
Jun
29
.
28
28%
155
29%
29%-.
37 y4
61%
28%
10
Pennsylvania RR
_
■.'f
50
.
_
14%
_
Vacuum
—15
Oil
Standard
Oil
Standard
Oil
?
Jan
Jan
30% May
37 %
29
34 Va
Jun
39%
58
50% July
62%
105
15%
15%
14
169
Jun
17% Mar
25%
90
Jun
31%
-
,,
l
class
(Ohio)
Jun
17 y8
King-Seeley
Kinsel Drug
Masco
:
102
17 y4
Apr
21%
182
60%
Jun
78
Jan
25%
24%
25%
521
20%
Jun
26%
Jan
41%
*
41 Va
15
38%
Jun
23%
230
20%
Jun
24 y4 May
Cleveland Slock
Brass
1:
:
Tel
(Un)—
National
City
Products
Cleveland
$4.50
Tel
&
Corp
Cliffs
1
common
preferred
Cleveland Electric
Illumln
■L-
100
Iron
70
333
11 %
3%
138
.
/
High
.
&
150%
Jan
Jun
34%
Jan
25
73
70
Feb
3%
Jan
29%
115
'
11 %
67%
common—•
Jan
29%
■
10 % July
16
63%
76
Prod
86% Mar
42%
|
9%
Jun
4%
Jun
5%
4%
200
47%
23
43
Apr
Erie
i '
Railroad
Faultless
10
21%
Jun
32%
Jan
48
80
94
Feb
Motors
General
com
1
9% Jun
17% July
23%
140
34
40
Jan
198
81% Jun
a61% a62
Gray
Drug
%,
Bros
Halle
Bros
Jun
62% Feb
65
17%*$an
21%
Jan
70
34
45%
Jan
»
Towing com
Cooperage
Jun
12%
12%
100
10
Jun
14%
Motor
Hanna
29
165
25
Feb
29
10%
11%
642
9% Mar
13
Apr
Jan
16
Rayon
Interlake
|
16
20
Jan
N
Y
Brick
43
July
322
31% July
35
Apr
21
Jun
33 y4
Jan
Jun
Jan
Jan
Jan
32%
32%
25
25
Ohio
Oil
Co
.10
9%
„4
Inc..
RR
4%
(Un).
Central
Apr
33% Mar
32%
& Sessions......
Metropolitan
a9%
:
2
| Pennsylvania RR (Un)——
{
Reliance Electric & Eng..
Republic Steel (Un)
,9%
*7.
4%
300
8%
*
106%
3%
34;
220
Jun
11%
4%
9%
100
a9%
:
27% .27%
50
(Un)
i
Jun
Feb
13%
23%
Jun
33%
16
14 Va
Jun
17%
Jan
25
18
Aug
18
Aug
19% a20y8
123
17
Jun
27%
39%
5
:
*
a
*
Bros
Sears Roebuck & Co (Un)
287
37
Jun
33%
Jun
Socony-Vacuum
*
40
a41% a41%
Jan
40
43% Mar
-
Aug
15%
15%
75
141/a
Jun
.17%
Jan
66%
66%
50
60 y4
Jun
74 y4
Car
Union Carbide & Carbon
1—
20
Jun
26%
Jan
38%
265
33%
Jun
42
Jan
237
20 V*
Jun
24% May
38%
•
(Un)
Mar
6
Mar
12%
13%
335
43/8
170
4%
16%
16%
100
1%
1%
600
150'
:
•
io
1%
100
2% Mar
6
6
May
3% May
6% Jan
1%
:
2,400
95c
Feb
2.00 Mar
1%
.i'
100
1
Feb
8
200
7% May
13
250
3%
3%
200
2O0
3%
2%
2%
534
2
"■3%
,380
29%
29%
il- 320
;. 3%
24%
..
30%
/-
2%
175
5%
5%
1%
10%
10%
15
13%
15
/
—
1
...
...
~4
1
1
3%
85c
—
Friday
;
Alaska Juneau Gold
Alleghany
Corp
Mining Co..
(Un)
4
J
Allis-Chalmers
Mfg Co
Airlines
Detroit Stock Exchange
Week's
Last
Safes
forrWeek
Shares
Range
of Prices
Low
3%
(Un)
(Un)
Inc
American
Tel &
American
Woolen
Anaconda
Copper Mining Co
(Un)
(Un)—
10%
350
3%
105
9%
9%
'*450
Baldwin
8%
8%
293
24%
24%
14%
14%
14%
—25
Chrysler Corp
Tel Co
100
(Un)
Co
/
—
Consumers
Power
Continental
Davidson
.
common
2%
>
a29
a28%
23%
23%
5%
Fe,(Un)—100
Refining Co (Un)_.
25
Manufacturing Corp (Un)
3
a86%
Atchison Topeka & Santa
Baldwin
Locomotive
Baltimore
Bandini
Barker
& Ohio
Bros
Oil
Basin Oil
Bendix
Bethlehem
Steel
Borden
Co
&
Detroit
Edison
Cleveland
Navigation-
16%
16%
230
15%
Jun
21
31c
31c
300
25c
Jun
75c
—
5
—*
(Un)
2
Corp
-
..
7
—
*
—
Packing Corp com
Ry Co (Un)
Co (Un)
•
25
25
(new)
(Un)_10
1
a32
Corp
—
a32a32%
11%
51%
48%
—
10
(Un)
255
3,052
201
15
11%
51%
47%
—
25
►
23% Jun
5
Jnn
5% July
38% Feb
10%
a8%
a32% a32%
al2% al2%
a36% a36%
a32%
al2%
Tractor Co
245
1,373
3,805
410
a47% a47%
6%
7
9%
9%
a2I% a21%
~
•
40
Jun
10% July
7
Apr
a27% a28%
5%
6J/8
6
7
43% 43%
a27%
6%
-.5
•
48%
,jt
.
(
page 44.
,
-
12
Apr
10% Jan
4% Apr
.
f,
Jan
Jan
48% July
18% Jan
8% Jun
\
,
33%
6%
10
43%
f
Jan
Jan
Jan
Aug
46% Feb
24
6% July
7'/a Jun
Apr
10
Jan
9% July
24
Apr
32% May
10% Jun
34
50
53y« Jan
32% May
14y4 Jan
47
»—
50
100
...560
224
28
775
118
Iron
&
of
Edison
(Un)—•
25
Corp
\
(Un)—1
13%
a5%
Y
N
Aircraft
Vultee
--
Motors Corp
(Un)
1
(Del)
(Un)
—5
—
1
10%
Zellerbach
Corp
Publishing Co
(Un)
5
•
(Un)._
r
High
Feb
5%
Feb
7%
Jun
10 %
29% July
Jun
10
May
44V4 Jun
38% Feb
13% Jan
56% Jan
48% Aug
408
50
1-250
19,664
8%
Jun
—
3% July
6 (4 May
100
22%
Jun *
31%
Jan
120
<
13%
Jun
16
Jan
Jun
51%
165
46
25
620
21%
Feb
18
18
100.
17
Jun
31% July
.
>
25
13%
9%
»5%
25
14
9%
.12% Jun
15% Jun
10
Jun
13% Jun
25% Jan
3
Jan
165
2,198
100
25
a5%
19
Jan
19% Jan
11% Apr
Aug
Aug
23
21% Mar
6% Jan
8% Jun
Aug
12% Apr
8y4 Jan
5% Jun
64%
8%
22
5
^pr
5
27
a57% a57%
10% 10%
247/s 24 /a
6
6
35
350
525
a8%
a8%
160
7% Jan
9% Feb
17 /a
14%
12%
18
14%
17/8 Aug
11
Feb
12y2
395
585
272
21U3an
15% May
13% Jan
all% all%
10
125
65% Jan
10% Aug
27
Jan
7
Jan
Mar
Feb
Jun
Feb
Jan
7% Mar
—
a8%
Corp common (Un)—*
Dresser
Industries Inc
50c
Electric Bond & Share Co (Un)
5
Electrical
—
4
Products Corp
—
5
Exeter Oil Co Ltd class A
1
Farmers & Merchants Natl Bk
100
FAR
Liquidating Corp
..—-1
Fitzsimmons Stores Ltd class A
—1
Emsco
Derrick
&
Co
Equip
com
.
57
Jan
25
/
—
37c
20%
Jan
General
Foods
35% May
General
Motors
Public Utll Corp
-
36c
a300
37c
a300
*,
900
4
-
12% July
11% Jun
36c
300
12% Apr
Aug
Jun
65c
310
Jan
Jan
75/4
100
7% Jan
% July
7% Jan
♦
.*
10
a37%
"a43%
62y4
a37 a37%
a43% a43%
62 62%
406
220
1,438
34% Jun
41% Mar
52% Jun
J9%Jan
43% May
—5
>14%
al4 al4%
239
a40% a41%
iya
1%
60
500
11% J»n
34Vt Jun
iy4May
—
»'•
7y4
JO
8
Jan
Aug
Electric
Co
Corp
(Un)
(Un)
-
*
31%
31%
32%
580
5%
5%
5%
200
5%
Jun
8
6
6y0
200
5%
Jun
6%
Feb
General
Goodyear Tire & Rubber Co common—•
Graham-Paige Motors Corp (Un).—1
—
62% Feb
Jan
1
5
20
see
/... 2.50 Apr
60
1,200
20
10%
a8%
-
1
15
1,700
»46% a47%
..
10%
33%c
8% Jun
7% Jun
90
100
•
Jan
7% Jan
Jun
__
1
Inc
(Un)
Fuel
-
L—
21%
4%
5
1,000
4ys
Jun
5%
Jan
21%
22
4,180
20%
Jan
22%
Apr
,
For footnotes
39
10
»
Corp
Products
5
95% Mar
■
,
Feb
alO
8%
3%
Pacific
I)
Jun
Jan
7% Jan
Jun
82%
33%
125
:
Feb
Jan
35% Jan
27% Jan
Jun
Jun
5
3%
Borg-Warner Corp (Un)
Broadway Dept Store—
Budd Co
(Un)
(J
v
25%
20%
1,250
256
100
a9%
8%
(Un)
Corp
Jun
300
5%
13
_20c
Chica Oil
23
14% Jan
—
common
Appliances
Diamond
Bolsa
150
37%
3%
Consolidated
Co
5%
54
Jun
138%
...
100
Co
Home
—
Jun
—1
(Un).
(Un)..
Co
Corp
Barnhart-Morrow
Barnsdall
Works
RR Co
Petroleum
'-i
10% July
Jun
'7
225
a84% a86%
a34%
a35
■_
10% July
Jan
10%
235
•
•
42
714 \
50
6%
(Un)
;
,
Jan
8%
.
so
1,018
3% Apr
3% May
28% Jan
Jun
.27% Jun
200
a29
23%
6%
(111)
Atlantic
Avco
130
.
all
5
(Un)
Corp
Co
High
2% Jun
10
&
Lotc
-
Corp
common
(Up)
'
Detroit
Apr
225
(Un)__30
Steel
•
1
common
Motors
Bros
18
Jan
1%
Range Since January 1
^
al43% al42%al43%
Curtiss-Wright
.2(4
51%
25
10
6%
-
Shares
a27
Armco
Curtis
Range Since Jannary 1
24%
51%
«
Edison
Consolidated Paper common
Jun
72c
415
a26
General
Consolidated
Jan
12%
15
Aug
10% Mar
,
July
3%
r:
2(/2
a26
Crown
..
*
1,000
; Sales
for Week
12%
12%
a45% a45%
12%
-
1.
*
Jun
3%
all
*
'
High
a28% a2934
9%
10%
a29%
1
Creameries of America Inc
Low
American Metal Prod
Briggs Manufacturing
Burroughs Adding Machine
Jan
July
1% May
Jun
2%
__
—•
Smelting & Ref
Continental Oil Co
High
6-6
6
-
Jun
8 Vs
3%
—
1
American Power & Light (Un)
Ameircan Radiator & St San (Un)..*
Continental
1
Jan
10%
,
100
ef Prices
Low
10
„.
Consolidated Engineering
common
Feb
6%
11 Va
85c
Week's
Range
Last
Sale Pries
Consolidated
Rubber
4
Angeles Stock Exchange
STOCKS—
Consolidated
Altes Brewing
CO 0
350
780
Preferred
WOodward 2-5525
-
3%
Jan
3,505
.
8%
—
—
29% July
Jan
Jan
100
A-V;-'
—
Jan
4%
Jun
1%
,
■
1
July
2% July
5% Mar
iy8 Jun
1,000
1%
10%
5
Los
Colorado
DETROIT
Building V
.
Mar
3% July
2% Jan
18%
774
2%
30
imim
Columbia Gas System Inc
1
July
1
665
2%.
1%
2%
*
:•
common—14% 15%
20
al6%
al5% al6%
(Un)
•
—
10% 10%
Commercial Solvents Corp (Un)
•
—
al6
al6
Commonwealth Edison Co (Un)
25
26%
27
Commonwealth & Sou Corp
(Un)—•
5
4%
5
Chicago Stock Exchange
Electric
8
3% July
3%
2
common
Cities Service Co
New York Curb Exchange
Detroit Stock Exchange
Allen
1% May
13%
Jun
10%
i'J'jilr'i
\
New York Stock Exchange
■
Jan
760
8%
Aircraft
Certain-teed
Members
Par'
1%
1%
12%
10
Chrysler Corp
;
Apr
Apr
3
12%
1
States Radiator common
Warner
Caterpillar
Watling, Lerchen & Co.
Friday '
Jan
Mar
1%
1%
Corp
United
Case
Sale Price
Feb
1%
2%
Products.*.
Manufacturing
Udylite
California
STOCKS—
8%
17
Jan
1%
Jan
13% July
Jun
15
Jan
6
•
•
common
Scotten-Dillon
Canadian
Telephone:
5%
9% Aug
2% Jan
1%
1
Byron Jackson Co
Ford
Jun
Jan
1% May
3
1%
—
Metal
Jan
150
:
10
12
10
Raisin Paper common
Manufacturing common
Blue
41%
a24l/4a24%
15
Co(Un)—_
25
Steel
.
'
a23% a23%
Oil
Standard Oil Co of N J (Un)
Standard Oil of Ohio common
US
18
18
18
Jun
3% July
9% Mar
•
Jan
al4% al4%
50
'
Richman
i
104'/a
5
2
.
Lamson
Jun
a42% a42%
Jones & Laughlin (Un)_.
'
i
I
15
30
'
al06%al06%
—"
(Un)_.
Steamship
i
»
C
—
(M A) 4(4 preferred
Industrial
I
common
14
9%
?0Q
_
Armour
t
Jun
100
3%
3
5%
8
Jan
29
.100
—
A—
class
10%
11%
*
American
a40% a41 % *
Rubber
&
Stores
Lakes
Great
Greif
14% Jan
a20% a20%
(Un)
Co
Goodyear Tire
11%
3%'
1
—
Welding com
Stamping
American
*
Glidden
210
10
—
common
Electric
Jan
a37% a37%
-10
(Un)
July
187
18%
..10
(Un)—
418
2,835
1%
_
Jan
18%
1
—-—
Electric
General
a80
al0% al0%
(Un)
Rubber
Jan
July
9%
16%
80% Jan
a26% a26%
Electric Controller & Mfg
9%
62
Jun
4%
Apr
215
4%
-—2
Manufacturing
Mar
52%
11%
_■
*Par
Eaton
8
Feb
6%
Jun
3%
,
'
721
61%
4
1
Jan
12
Jun
47%
•.
•"
1%
—
1
common.
Jan
180
a80
Chemical
Dow
}
4%
.15
Jan
Jan
180
;
al0% al0%
"5
Mar
11%
:
—III
"'j' ■ '
■■
95c
20%
Jan
Jun
367
a39% a40 %
*
; Columbia Gas System —
Detroit & Cleve Navigation (Un).
684
Apr
Jan
July
8%
12 %
Brewing common
W) & Co common
Sheller
100
a28% a28%
•
525
8
5Uc
17
Range Since Jannary 1
Low
3%
: >a31% a31%
—
4%
4%
x
(H
Rudy
High
al42%al43
—
J
Jan
3%
-12%
common
Davis
River
Shares
3%
25
American
200
18%
3%
Corporation
Pfeiffer
for Week
Low
.—100
Chesapeake & Ohio RR (Un).
300
50c
8
1
common.
Oil
Preferred
Rickel
Sales
Range
of Prices
50c
Mfg
3%
9%
♦
......
Peninsular
Exchange
Week's
Last
Par
Akron
2% July
common. —2%
common
Michigan Sugar
Packard
Friday
2%
1
McClanahan
Parke,
Sale Price
2%
~4
1
1
common
Mfg
National
STOCKS—
Apr
43% Mar
22%
_
Car
Preferred
Jan
67%
•
_
17%
8
__l
common
Screw
Murray
Timken Roller Bearing
U S Steel
(new)
Jun
61%
.
Jan
20%
66 y8
'
15%
4%
•;
1
B
common
Motors
Motor
McAlee#
67%
14%
200
:
'
Apr
-10
J)
Electric
Kaiser-Frazer
Feb
14%
Manufacturing
Hudson
Jan
62
Howell
Aug
19%
(N
Hoskins
Houdaille-riershey
Apr
29%
28
Jan
17%
18%
common
Corp
Brewing common...
Paige Motors
Graham
4% July
—25
Brands
Standard
Jun
3
24% Mar
14%
—
12
9%
26%
23 %
'
Motors
Goebel
Apr
11
27%
*
Oil
Socony
130
•
Motors
Pure
51
4%
•«
Electric
General
10%
4%
—7
.
Stores
General
10%
_
Light
&
Dept
10%
•
Southern
&
9%
Jun
50c
..J
City
Columbia
Jun
18%
.
■;>.
—
Gerity-Michigan
Jan
29%
138
..-•Sv
4%
j
■
'
Manufacturing
General
Jan
186
47%
.
27%
180
32 Ya
10
.
Jun
62
25
Service
Cities
19%
High
500
Jan
8
Stocks—
American
Low
5%
18%
17 y8
—l
.
Range Since January 1
High
5%
17%
_
Trailer
Shares
18%
5%
.—.10
com
Gar Wood Industries common
Unlisted
Loir
1
Products
Frankenmuth Brewing common
Friars Ale
67% July
10% Apr
7% Mar
Steel
Sales
for Week
of Prices
Par
Detroit-Michigan Stove
17%
Feb
10 V*
-
Bank
v
Jun
66%
•
B
•
Mar
55 Va
15% July
1
Week's
Range
Last
Sale Priee
High
8
series
5
Range Since January 1
Low
55 Vs
—
J
High
53%
15%
1
Co
AUGUST
Friday
Shares
55%
•
EXCHANGES
ENDED
for Week
Low
"4
common
WEEK
(521)
Sales
Range
ot Prices
Sale Price
FOR
CHRONICLE
_
—
'
1
.
^18%
.......
'• (*tyy
May
45
Jan
3% Jan
37
THE
(522)
38
CHRONICLE
& FINANCIAL
COMMERCIAL
Monday, August 8, 1949
OTHER STOCK EXCHANGES
V
Last
Sale Price
Par
OU
Hancock
CaUf
of
Co
class
Holly Development Co
Hudson
Hunt
Foods,
Central
Illinois
.
RR
International
International Tel 6c Tel Corp
Kaiser-Frazer
Corp
Kern
(Un)
Lt
Inc
Los
Co..
95c
4,100
126
—
Chrysler
Jan
31
Jun
11
Apr
4%
Jun
9
Jan
7
300
7
22%
350
May
56 %
535
39
Jun
46 lA
7
125
1,350
General
6%
90c
Jun
50
16 lA
1.45
Jan
14'A
Jan
Motors
Corp
Martin
Jan
22
Pennroad
Corp
Feb
21/b
Jan
(Un)—•
V/4 Jun
85c
Jan
3
Mar
11
14%
Jun
150
6%
Rights
$1 div preference
(Un)—I
Phi'co
250
17%
Jun
19
530
9%
Jun
13'A
Jan
8c
1,000
Jun
20c
Ohio
Petroleum
Oil
Oceanic
Edison
Ohio
Co
Oil
Corp
1
200
8'A
Jun
11%
Jan
Scott
50
12 y2
Jun
17;
Jan
Sun
8c
8%
-
Company
(Un)
26c
8c
3,700
28
a27%
28%
a28
.
28%
ft28
25C
100
1.50
1,036
1.50
8
*
—
—
26c
1.50
—.
1
Co
6%
preferred
5%
Feb
1.50
Mar
,v
5%
25
Corp
Lighting
American
Corp
div
4Pepsi-Cola Co
Oil
Co
30y2
378
32%
Apr
90
27%
Apr
;/
100
26 V2
Apr
6%
Jun
11%
Jan
20
3%
Jun
50
7%
Jun
3%
~>a
3%
8%
•
8%
-
%
75
8%
8 Ve
8%
5.353
6%
Jan
18%
17%
18%
2,817
16%
Jun
14%
14%
15
2,034
14
Jun
40j/4
38%
40%
33%
34
22
22%
12,229
53%
50%
Jun
3'A
Jun
4y4
*
%
v;
22%
r/i
A Jun
r32
24%
26%
26%
17%
Jan
40 Va
Aug
36 y4 Apr
Jan
24 Va May
zl2
355
•
Jan
10%
22%
20%
125
19% Jun
24
•
22%
Jun
19
20
157
27%
18%
749
23%
27%
23%
«
•
—
r.
—
18%
0
316
14% Jun
Improvement
Inc
—
'
25%
Jun
444
17%
Jun
a43%
28%
a32% a32%
28% 28%
•
10%
1
__
.
110
8
140
Jan
12
1
*46V4
Roebuck
8c
53
32%
Feb
25'A
Jun
32
Transit Co
Baltimore
9%
Jun
14
465
7'A
Jun
9
-
50
3%
3%
21%
21%
21
6
20% Mar
22 Va
Jun
28
28
6
27 y4
37%
Jan
54%
Feb
61%
Feb
4 Vb
Jun
6
Southern Calif
r
423
.•
*
475
$4,000
45
4.48%.
preferred
preferred
.
4.32%
Southern Calif
Shares
Low
Apr:
Apr
Gas
6%
_.
12%
12%
•
__
•
10%
10%
10%
•
437
17%
10%
10%
2,323
1
11
21%
10
10%
11%
21%
Columbia Gas System
45
50c
27%
Jan
Duquesne
4% Aug
441
Jun
5%
Apr
Fort
16
1,800
19 y4
July
50c
Brewing
Refractories
Walker
Jan
24 Vt Aug
265
22%
Jun
27%
18%
1,418
16%
Jan
53
41
Apr
38% May
Jan
Joy
Manufacturing
National
com—•
9
Y
20%
High
26%
Jan
32
11
Jun
14% Mar
150
9
7
Apr
10% May
12Vs Apr.
9% Jun
10 %
Aug
8%
Jun
1,454
8%
Jun
liy4 Aug
115
18%
Jun
23l/a
93
31%
Jun
39% Mar
Jan
33%
7%
3%
3%
..
<'
6% July
8%
2% July
100
700
3%
Jan
Feb
Jan
Pittsburgh Brewing $3.50 pfd
■19% Mar
41
i
5
5
Corp
32%
7%
—1
Co
Fireproofing
10
Bolt Corp
2,205
47
302
~
35
35
243
33
33
33%
1,135
20% Feb
33% Aug
20%
21%
1,261
18%
Jun
24
Apr
Westinghouse
15%
15%
15%
-1,274
14%
Jun
17%
32'A
32%
3,163
7
8c
<
142
20
38
...
Aug
35%
27% May
28% Jun
50
Jan
8%
6% July
Jan
Jan
32%
—
*
1
Westinghouse Air Brake
21%
38
33% 34%
7
YY 7
38
*
Pittsburgh Plate Glass
Apr
46
34%
I
Feb
41% Aug
45
Jun
50%
Feb
San
31%
Feb
38%
Jan
Standard
29 y2
Jan
28%
28%
455
27%
Apr
29%
29%
351
28 Vb Mar
28%
28
28%
707
26% Mar
29
26%
25%
26%
820
23%
Apr
350
__
j
Toy Mining
„
Steel
Spring
Electric
1
35%
:
35%
-
;
1
—
26%
24%
•
—12.50
Corp
29% May
28%
V
33%
Apr
a37% a38%
170
32%
Jun
49 y2
a31%
130
Feb
—
27% JuW
17% Apr
37%
•
a30% a31%
al9%a20%
21%
Jan
,•
66 V2
25
a40%
Standard OU Co (N J)
25
64
66%
1,313
56%
a39% a40%
205
37%
Feb
237
62%
Jun
35% Aug
Jan
Jun
66%
—
66%
Mar
Feb
92
12%
Jun
16%
444
21%
Jun
34% Jan
20%
Jun
26%
3,000
27
24%
160
Jan
Jan
St. Louis Stock Exchange
23% July
a38%
41
26
24%
16c
6c
8c
16%
Feb
Jan
•
.
8c
16
32% Aug:
29 y8
•
Standard Oil Co of Calif.
Standard Oil Co (Ind) (Uh)
:
y
'STOCKS—
67%
41%
Jan
American
Brown
1
23%
22%
23%
935
16%
Feb
23% July
Eunray Oil Corp
1
10
9%
10
910
9%
Jun
11%
16
17%
Jun
19%
Jan
a29% a29%
120
28%
Jan
30
Feb
l
100
(Un)
18%
143%
15
Tel
Sales
Range
for Week
Shares
32%
142% 143%
371
18 Va
32 Va
High
v
18% July
138ya Jun ;: ;
150% Jan
Feb
16
195
29 Va Mar
100
16
24%
1
21
32%
21
1
common
Range Since January 1
Low
18y4
430
28"%
29 %
782
32% Aug
Jan
al8% al8%
&
Tel
Shoe
Week's
of Prices
Low
Par
;<)
American Investment common
Apr
Y 72%
Sale Price
:1
Jan
Friday ;
Last
''
Studebaker Corporation (Un)
.
Apr
72y2cMar
Jun
17%
25
Pitt
Harbison
Jan
345
5,313
Brewing
47
25
(Un)
/
Feb
17%
600
5
Co....
41 %
25
(Un)
-
LOW
130
*
Co
L)
(D
•
pfd cl A
1
Range Since January 1
High
Blaw-Knox
Clark
15
Southern Pacific Company
22
Jun
for Week
19%
40%
25
Southern Railway Company
Standard Brands Inc (Un)
Jan
Aug
Sales
Range
of Prices
'
18%
•
—
4
••
Feb
37
-
—
41%
25
25
-
Feb
43
2,000
*
15
preferred
Apr
" "
Alleghany Ludlum Steel
3% May
2% Jan
Last
Par
30
preferred
12
18%
;
41
Week's
Friday
Sale Price
•
Edison Co Ltd com—25
4.88 %
4.56%
60%
.
2
340
4
45
—
.
Mar
24%
27%
18%
Signal Oil 8c Gas Co class A
Sinclair Oil Corp.—
Socony-Vacuum Oil Co Inc (Un).
Feb
% Aug
52
.
41
1975
STOCKS—
Apr
3,990
a45% a45%
1
Security Company —
Shell Union Oil Corp
57% Aug
.68
%
Pittsburgh Stock Exchange
Jan
37 %
27%
.
V
53
55%
1975
4s
5s series A—
Apr
24%
27%
18%
__
1.75
.
\
57%
%
—
36 Vb May
36'A
37
(Un)..
Co
Jan
Feb
Jan
21
.20
Pittsburgh Screw &
Sears
Aug
28%
54%
/
Jan
39% May
323
2%
50c
5
Seaboard Oil Co of Del
23 y2
23%
.
21%
:■
Apr
206
19%
20
4%
4%
al7% al7%
2.50
..
Jan
Apr
20
-
4%
2%
*
•
10%
8%
2%
__
50c
10%
8%
4%
1
Co
Jan
57%
'
.13%
Mackintosh-Hemphill
Seaboard Finance
Feb
40%
„
'■
%
—.10
—
17% Jan
•
1
(Un)
July
55 Ve
57%
::::i
__
Jan
14% 14%
9%
9%
a43a43%
Richfield Oil Corp common
Safeway Stores Inc..
Schenley Industries Inc
32
25%
Jun
Apr
20%
•
Co
Jun
23
.
'
Rice Ranch Oil
May
Apr
20%
40
26%
Jan
•
8% Aug
20
33
11,412
24'/a
Apr
32% Jun
78
287
~
Jan
'
Jan
8%
*
Republic Steel Corp (Un)
Rexall Drug Inc—~±
Rheem Manufacturing Co
5%
12
28% Jan
100
25
(Un)
Radio-Keith-Orpheum Corp (Un)
Republic Petroleum Co.—
Republic Pictures Corp (Un)
893
BONDS
35l/2 Aug
28'A Mar
295
—
(Un)
7%
——1
20% May
33% Feb
Jan
-1,290
—.33%c
Radio Corp of America
7%
*
Gas
3%
9%
—
Phelps Dodge Corp (Un>
Incorporated (Un)
Jan
'
common-
Co
United
-V
a52% a52%
—
Pullman
Pure
Feb
17%
3
Paper common—
Oil
Westmoreland
Jan
9%
50
(Un)—
62%
Jun
50
28% Aug
Jun
3%
I
(Un)
Jun
12%
?
preference
32%
July
24%
1,769
.
..
(Un)
51%
105
'Y
Corp
•
(Un)
2,582
14%
•
Reading Co
Jan
2%
(Un)
Paramount Pictures Inc
Pennsylvania RR Co
.
—
Co
Airways
Jun
62%
—
common
United
2.65
18% Mar
35%U,. 34% 35%
a29a29%
28%
28% 28'/a
25
...—
Packard Motor Car
Pan
33%
25
red
Pacific
—
25
—
—
217
Aug
Mar
41c
July
28
59
A20% a20%
^82% 33 %
10
preferred
51% Jan
75% Mar
Jun
56% July
208
13%
*
Westmoreland Coal
Pacific Finance Corp of Calif —
Pacific Gas & Elec common—
8
50
common
Tonopah Mining
Occidental
34%
85
Jan
9
al3% al3%
al3%
196
63
208
61%
61%
_
Public Service El 8c Gas common-
19
10%
10
8"%
(Un)__—100
Ry .Co
41%
Jan
Aug
Jan
7% Mar
Jun
v
19
—
10%
1
Aviation Inc
20% Aug
*
com.
Philadelphia Electric common——
Feb
59
2V2
Power Co
15% July
15% July
a7%
a6%
Penn Water 8c
1.90 Jan
Jun
48% Jun
295
al3% al4%
16%
10
Pennsylvania
RR
Pennsylvania Salt Mfg common..
a7%
714
40%
•
200
al4%
20%
1
—
1%
'
20 Va
208
*
National Power & Light
Apr
18% Aug
1%
110
Jan
20
—
__
144
Jan
7%
16% Mar
1
Jan
375
Jun
120
63
1
L)—
(Glenn
17%
5,400
57%
Jun
4%
20
10
Lehigh Coal & Navigation
Lehigh Valley RR
Par value changed from
$50 to no par effective Aug
26'%
2%
53%
44%
Feb
Jan
10
Jun
al6
Jan
9%
7% Jun
.5
Brothers
Jun
1.30
Jan
3.25
16
Jan
Aug
y% Jan
8% Mar
July
285
Gimbel
Jan
6%
2%
52%
12%
Jun
20%
•
10
20%
95c
al5%
Jun
Jun
19%
100
40
—
Jan
14% Jan
1%
442
5%
150%
9
657
6%
6%
Aug
: 27
* "
Jun
20
13 %
250
Nordon Corp Ltd.:
Pacific
51%
Storage Battery
Fidelity & Deposit Co
Si.40
American
& Light com
25
•
Northern
50%
51%
Jun
8%
100
...■
1
a7%
New York.Central RR (Un)—
North
9%
—
2V»
*
25
5
—1
Prod Corp
9%
133 "
60
Corp
a7%
1.30
110
10%
Corp
—
al5%
120
2
1%
10%
Pennsylvania Power 81 Light
25
9%
9%
10%
Finance Co of America class A
15Va Aug
43
,
11%
~i%
Electric
26
15 Vb Aug
175
225
455
49% Mar
Jun
1,683
13%
13%
r
13
*
Power
21% Jan
349
100
Publishing Co
Delaware
27
...*
c
c—
Company
Davison Chemical
Jan
13%
8
42%
70
300
90c92%c
al8% a 18%
18% 18%
—
Budd
t
v
t
v
com
1st preferred
5%
1.50 Mar
Jun
10'A Aug
27% July
Transit
Baltimore
Range Since January 1
Low
High
High
142% 143%
13%
Baldwin Locomotive Works
Curtis
100
Shares
26%
"
143%
Arundel Corporation
May
July
9c
20
7
__
1
(Un)—*
City Lines Inc.
National Distillers
Jan
Feb
4%
15%
a49
41%
-
92%c
—1
—'*
(Un)
Corp
2c
7%
14,510
.100
American Tel 8c Tel
1
;
Utilities
Nash-Kelvlnator
3,000
Feb
4%
15%
a47
41 %
: \
—
Jap
26%
1
Monogram Pictures Corp
Montgomery Ward & Co Inc
National
'
22%
22%
7
7
..20
Co
Co
Petroleum
310
1,350
—
1
*
(Un)
South
Jan
__
15%
a49
10c
—
Angeles Biitraore Hotel Co
Merchants
—
1
7
Magnavox Co —
Menasco Manufacturing
Middle
29 Vt
4%
Stores
American
'
10V4 10%
a27%
a29
a50% a50%
8%
8%
a29
5
Lockheed Aircraft Corp
Loew's
Jan
1.20
10%
4
Company
Libby McNeil & Libby (Un)
Petroleum
Jan
2'A
—
•
Lane-Wells
Lincoln
11%
11 %
1
5
(Un)—
Co
Feb
1% Aug
1
—
*
(Un)
Copper
Gas
8%
100
24'%
3c
13 Va
1.20
—
Corp
County Land Co.
Laclede
205
24%
3c
11
1.05
Kansas Power & Light Co
Kennecott
al2V4 al3'/2
Jun
for Week
Low
13% July
10%
-1%
(Un)———15
Co
Paper
Jun
Feb
1%
(Un)
Corp
May
9%
10%
Range
of Prices
Sale Price
9% Jan
1.70
—
—*
International Nickel of Can (Un)——•
Iron
8%
202
*
10%
.100
119
J
Sales
Week's
Last
July
Feo
100
12
1,800
1.75
Imperial Development Co Ltd™.—25c
Independent Exploration Co
33y3 0
Intercoast Petroleum Corp
10
Interlake
437
STOCKS—
Feb
10%
380
Friday
High
9%
1.75
9V2
1.70
al2V4
(Un)
Co
— 410
113 117 V2
—
.—6.66%
1
Inc.———.
Hupp Corporation
Bange Since January 1
Low
11%
12.50
Co
Car
Motor
—
3
1
Shares
High
11%
11%
•
A
Hotels Corp
Hilton
Low
3
(Un)
Greyhound Corp
1
Philadelphia-Baltimore Slock Exchange
for Week
of Prices;
;
august 5
weekended
Sales
Week's
Range
Friday
stocks—
range for
.
4%%
Bwift
common
preferred class B._
&
Co
25
(Un)
__
Burkart
Mfg
common
Clinton Industries
.
common
*Jun
Jun
21
30%
Aug
Texas
Company (Un)
Gulf Sulphur Co
(Un)
»
Tidewater Assoc Oil Co
(Un)
—
10
Texas
Transamerica
25
Corporation
■
55%
—
a65
55%
435
49 .Feb
111
58
Feb
615
a64% a65Va
19%
Jun
10
Jan
—
22 %
11
2
22%
10%
11
1,696
Jan
64
25 Va
f:
12
Mar
Jan
Mar
5
al4% al5%
12
Twentieth
♦
a21% a22%
130
20
35%
Jun
41 Va
25
Jun"
31% Mar
(Un)
10%
Brew
1
39%
36%
39%
1,020
23% Feb
39% Aug
Electric
common
(Un)
*
37%
37%
37%
335
34 Va
Jun
40 '/a
General
Motors
common
(Un)
10
62y2
52 Va
common
Feb
General Shoe
Brewing
2
Union
:
■
Pacific
RR
United Air Lines
Co
Inc
(Un)
(Un)
United Corp (Un)
v
__
39
500
30
•
38%
29%
30%
2,349
50
a79% a80%
10
1
50
13%
4
13%
108
334
__
United
Gas
Corp
States
10
Rubber Co
(Un>
United States Steel Corp
Universal Consolidated Oil Co
4
2,119
al8al8%
146
a34% a34%
22%
23
a34%
•
23
10
5
Westinghouse Elec Corp (Un)—
•
Willys-Overland Motors Inc (Un)
1
Woolworth
.
(F W) Co (Un).__
Zenda Gold Mining Co—.!—
For footnotes
see
page 44.
18%
10
Warner Bros Pictures Inc (Un)
Western Union Tel Co (Un)...
t.
a
25
76% Jun
11 *4, Jun
.10
48%
—
1,431
745
50%
10%
10%
250
al3%
al4
60
24%
24%
24%
5
5
5
„
*
-..10c
-
100
a48%a49ya
a49%
3c
530
>
.
182
3c
1,000
3c
2%
May
86
Jan
Huttig S & D common
Hydraulic
International
preferred—
Shoe
Laclede-Christy
4
•
Aug
Laclede
Gas
Steel
common
Meyer Blanke
common
27
Jan
Feb
Jan
July
Jun
24 y8 May
Midwest Piping &
51
Missouri Portland Cement
July
North American
Feb1
.
Supply
common
12% May
14% Mar
26% Jan
Jun
7%
•
70
23
24
24
20
23-
20
25
16
Jun
28
42%
42 %
385
40%
Jan
44 y«
11%
100
10
Jun
7Va
July
'July
39%
39%
Feb
Feb
Mar
Jan
47%
Jan
4%c Jan
St Louis Car common
Sears Roebuck
Jan
Mar
7% Aug
1,330
5
26
26
50
23
July
34
Jan
15
15
230
15
Aug
18
Jan
20
17%
20
17%
25
19%
Jun
16%
17V*
147
25
(Un)
__
10
17%,
lo
1
5%
6%
5
18
Jan
20 Ve
3%
Jun
5%
5V2
400
41%
41%
120
34
10%
100
10
12"%
10 %
13 %
35%
36
5
,
15
35%
450
543
22% Mar
Jan
15%
1
Stix-Baer 8c Fuller common
-
16
•
common
common
7
*
com
Sterling Aluminum common
Wagner Electric
Jan
14
*
4
Feb
Jan
62%
28 Va
19 y2
20
common
20 y4
13 y4 May
21% Jun
42%
5
common
35
3c
24
Jun
24% July
Jan
14% July
Jan ;
45 Va Mar
906
11%
24
50
common
17% July
39% Feb
4%
frr 5
27y2
20
5
100
P Brick
16% July
35 Vb Jun
9%
529
27%
15% July
24
Mar;
Laclede
United
62%
26%
23%
27Va
61%
27%
1
common
Griesedieck-Western
Preferred
Union Carbide 81 Carbon Corp (Un)..*
Union Oil of California common
29
Jan
55% May
Trancontinental & Western Air
Century-Fox Film
v
Falctaff
General
25
Jun
5%
Jun
July
Jan
41% Aug
15
Jan
May
12%, May
13% Mar-.
33 ya
46
Jun
Jan"
Volume 170 "Number 4827
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Friday
Sale Price
Par
.
Air
•
Reduction
Ajaska
Co
Juneau
American
(Un)
Gold
Airlines
Min
Inc
American
American
Power
&
Radiator &
■
II
Co.
Light
Stan
American
•
American
s
Woolen
Co
Copper Mining
Anglo Calif Natl Bank
Armour
Co
&
(111)
Atchison Top
Atlas
(Un)
Imperial Diesel
27/»
Apr
23% May
3%
1,010
15
Jun
22
17
133
7
Jan
117a
(Un)
a46
*
a28%
20
5
5
a22%
2.50
57a
Apr
138%
74
572
2572
Jan
Jun
377a
Feb
Jun
250
100
5
Jun
30
102
Jan
34%
28 7a July
8
5%
20% Mar
400
4
7a
26c
8,900
5%
I 57a
100
13
9%
9%
210
100
8%
8%
130
3%
3%
100
27a
255
255
11
—
Jun
111511: Jun
Locomotive
Ealtimore
Eand.ni
(Un)
Ohio RR
&
(Un)
9
Jun
11 Yb
Apr
Jun
Petroleum
Bank of
1
California N A
•
Bendix
Ei.chop
•V-1".1'" '•
I'
Corp
Steel
Oil
100
''
'
Aviation
Eethjehem
—
5
a307a a307a
•
Co
27%
27%
2
721
2.00
1.95
(Un)
___5
19%
18%
19%
15
a447a
Byron Jackson Co
California
Ink
Co
Co
18% Aug
146
40%
Feb
325
22
21%
Jun
50
42%
42%
Ry
Jun
46%
Jan
36%
Jan
52%
Feb
58
400
10%
Jun
14%
Jan
26%
325
24
Jun
1.00
1.10
700
90c
a31 % a32%
190
30%
l
Mil
Paul
St
RR
(Un)
com
Clayton
Silver
Fuel
Broadcast
"t\.v:_*l
I'
&
51%
51%
481
a47% a48 Y\
81
22
■>
common
System
'•
II
a
18%
*
a
*
*
25
Solvents
&
Commonwealth
Consolidated
y
Creameries
(Un)
Edison
Co of N
Natural
Continental
}
(Un)
Southern
Consolidated Edison
Oil
Co
Gas
57o
Feb
19% Aug
10
Jun
11%
Apr
107a
107a
107a
200
Jun
12%
Jan
1
(Un)
100
Publishing
Co
TUn)
Jun
11%
17%
Feb
19
12
al35/a
127a
175
10
Mar
707a
20
70
Mar
76
Jan
43
44
540
377a
Jun
60
Jan
115
13% July
i
al3% al3%
10
10
10
27
27
2,600
15%
Feb
May
14
Jan
23% May
33
Jan
108
—
1272 Aug
9
283/4
283/4
100
28%
Aug
28%
Aug
•
__
2874
2874
340
23%
Jun
33
Jan
30
30
195
2872
Jan
30
Jan
11
11%
225
10
Jun
1372
Jan
4%
800
3%
Apr
6
Jan
a2072 a207a
60
1872
Jun
21
Apr
Feb
class A
Corp
41
—
__
4%
5
(Un)
4s/a
10
25
33
25
common
357a
preferred
32%
—
25
33
5,779
3072
Jan
33%
35
357a
1,609
33
Apr
3572 July
2974
2974
132
287a
25
Corp
2874
1,280
52%
540
52
52%
10272
103
112
47
45
47
115
44
*
267a
267a
267a
526
247a
100
9774
89
Feb
•
50
Service
TeJ
Tel
1st
pfd
Pan
Jan
Paraffine
Jun
87a
57%
Jan
48% May
Aug
13% July
35
5
Jun
5,515
27
54
Jan
Jun
103
July
58
Jan
Julys:
,
^4% July
Jan
205.
25%
96%
9774
272
100
al47
al47
5
13572
Jan
14472
Jun
•
com
„
2672 May
9774 July
Packard
Motor Co
3%
3%
550
374
jun
4 V*
Jan
American
310
874
Feb
107a Mar
1,700
15%
Jun
20
19
Jun
247a
(Un)
com
(Un)
*
common
•
1874
1772
1874.
1
20%
20%
20%
Airways
Companies
(Un)
974
974
215
Jan
Jun
Jan
Feb
-
...
.
Pennsylvania RR Co
Pepsi Cola Co
—33%c
al4%
9%
25
43%
(Un)
50
(Un>
al4% al4%
178
974
9%
270
43%
43%
505
.1
.
17%
1474 July
Jan
Jan
11%
Jun
4972
Feb
May
15
Jan
Feb
60
:•
Apr
37
Mar
8%
Jan
18%
a__
9%
90
Jan
Jun
10074
Jan
Jun
22
Jan
28%
Feb
•
(Un)
32%
2974 Aug
2672 Apr
10
common
Cement
Public
Jan
a__
20
16'/a
a
Jan
May
28%
Pacific
1.80
Ph;lippine Long Dist Tel Co_
117a
__
Jan
N
12
272
11
334
52 V4
4%
150
735
11
—
47s
12
11%
374 July
6V2 Mar
;
Apr
17
'
a54% a5578
__P100
Fhiliips Petroleum Co
•
Pig'n Whl tie conv prior pfd—,—7.50
Radio
21% Mar
24'/4
41%
Apr
43 %
Jan
35
54
Jun
55 %
21%
Jan
35
Jun
Apr
(Un)
*
a33%
12
a32% a33%
Co
(Un)
*
a2874
a27%
a29
90
2572
Feb
32 7a
Apr
*
1
1072
8%
1072
140
9%
Jun
14%
Jan
8%
10%
8%
100
774
Jun
54
3072
19%
5572
220
3072
20
344
28
July
34%
Feb
—
497
17T»
Jun
26%
Jan
—
3874
3874
1772
240
35%
Jan
3874
Aug
17
1,137
14
Jun
19%
Jan
377a
377a
205
25
Jan
2372
24%
74
217a
Feb
38% May
25 7a Jan
27
27
200
23
Jun
29
Apr
127a
127a
100
10%
Jan
12%
Feb
a24 a24%
7c
8c
74
16%
Jan
23% July
7,000
6c
Feb
11c
34%
Feb
4172
Oil
Pure
11'%
Inc
Fuilman
157
(Un)_—*
Puget Sound Pulp & Timber
5
Aug
277a May
468
327a July
65
?
Jun
Aug
of America (Un)
Radio Keith Orpheum (Un)
Corp
10%
10%
125
Jan
10% Aug
Railway Equip & Realty Ltd pfd—_10o
Rayonier Incorp preferred—
—25
24%
25%
1,379
20
Jun
27%
Republic
98%
25%
*
a-
874
64
20
preferred
34%
a5TVs a57%
5
50
al7
707a
__
43
.
Portland
Jan
24%
1
.__
1274
10
a9
al7
__
com__100
Aggregates
Lighting
30%
a41% a43%
a43%
5
common
10% al0%
24%
(Un>__»
a9
10
(Un)
972
32% July
42% Mar
30
27
99
160
94
Mar
87a
99
Jan
(Un)
Steel Corp
—
—
•
4272
9
Apr
Jari
57
Jun
July
*
a8%
a8%
a87a
25
5%
Feb
7%
Jan
Giorgio Fruit Corp class B com___5
Doernbecher Mfg Co__L_
•
10
9%
10
213
8%
Jun
12>/4
Jan
3%
3%
3%
250
3
Jun
6
Jan
29%
29%
1,090
24%
Apr
30
July
a47% a47%
25
4374
Apr
48% Mar
com
Dominguez
Oil
Chemical
Fields
Dumbarton
du
Pont
Co
(Un)
•
29%
El
Dorado
Electric
I)
'Un»
de
Kodak
&
Bond
Co
Ewa
__
Co
Machinery
Foster
&
835
47% Aug
49% Aug
4172
273
40
Jun
107a
880
Jun
14%
14%
147a
14%
405
36
35%
36
1,016
%
%
%
1,900
—1
11%
13
91
237a
574
37%
37%
37%
a44
a43 74
a44
14
14
97a
—,
.
7
July
Jan
127a Mar
1574 May
31
39
Jun
May
11%
i!
/
74
100
10
_27a
Feb
5
424
574
.I-.—-,
_
850
237a
cap
common
Oil
Riverside
Electric
Co
(Un)
•
General
Motors
/
.*
2%
Corp
__/
10
;
Cement
Aug
S
I/I--':
•
61%
Goodyear
Great
Tire
North
Greyhound
Ltd
Co
Ry
Safeway Stores Inc
San Maurico Mining—
Shell
Union
16
Jan
Soconv-Vacuum
Jan
Soundview
5
18
34%
Jun
39%
228
4172
Jan
43% May
14
Jan
1572
a
16 78
Jan
pfd
non-cum
pfd
6272
Jan
southern
187a
Apr
25
Hawaiian
Pineapple Co
2072
245
20
July
137a
1474
1,266
10
Feb
•
42
42
42
277
37%
Jun
a37%
a367» a37%
35
34%
Jun
14 % Jun
V 44
Gas
Jan
11%
11%
325
1072
Feb
Apr
11% July
14
181
12
Jun
14 7a
16%
1672
412
167a
Feb
19% May
1
....
Oil
Hudson
Co
Hunt
(Un)
1.75
1.75
1.65 Jun
Corp •_
Car
»
Co
;
Inc
/
100
374
372
'
47%
50
-J:
1274
13%
413
11
11
100
8%
37a
I'lI-'I
'mm*.
—12.50
—
Maryland
Independent
Mines
200
3 7a
Jun
II 535
6%
.
4274
Jun
International Tel
Mining
&
Co
Johns-Manville
Tel
(Un)
Kennecott
Copper
County
Corp
Land
McNeill
Lockheed
Lo<=w's
v/:i4
July
5
Feb
6672 Jan
13% Aug
107a Feb
Feb
11
(Un)_*
2974
2872
2974
Jun
2.20
Jan
7%
300
Ir
P2
33c
_*
a38%
4%
(Un)
•
5
&
Libbv
Corp
(Un)
7
1
Feb
Oil
Co
Apr
15%
1572
1474
Jun
177a
Jan
25%
15%
2674
1,125
—
1,819
21
Jun
2874
Apr
31%
327a
1,213
29%
Jan
32% May
2674
28%
29%
2674
28%
29%
358
.
—
—
25
3574
—
—-*
39
198
2674 Mar
Standard
28
29% May
-/'IV
56
3574
3374
39
May
Mar
39
375
337»
24%
215
24
62
8 74
3572
Apr
49%
Apr
97a Mar
May
a8%
a20
6672
2.279
39% 39%
a65% a67%
589
39% Aug
662
6172
Jun
657
16%
Feb
'."--'I'
18
Jan
2072
Jan
5574
62
Tide
N
J
.
Jun
6772
Jan
1
,____25 -"
25
a67%
__
(Un)—,
23%
(Un)_———1
25
Company
(Un)
Ass'd Oil common
Water
—
22%
a29% a29%
4
a5574 a55s/a
150
a55%
25
23%
30
48%
Transamerica
19%
40% July
Jan
7274
41 .? 23 Yt July
Mar
30
Mar
5574 May
2572 Jan
Jun
Jun
22
227a
305
10%
117a
6,495
10
Jan
12
al5
al5
8
10%
Jan
157a July
3972,,
10
39
30Yb
30
3972
3074
525
966
257a
Jun
21
Jun
302
10%
Jan
3% ! 3%
22% 23%
325
2,201
27a
Jan
50
5074
200
2.45
7%
2.45
7%
185
100
2.05
772
Jun
9%
Jan
__
33c
4%
.
(R
H)
common
8
Jun
'il
11
Apr
32c
Jun
45c
Jan
U
150
3374
Jun
39%
Jan
Universal
474
Jun
Jan
Utah-Idaho
Jan
Victor
;;
48
310
41%
Jun
'■[ 4172
563
39
Jun
2872
25
::
77a
8 7a
250
I'l
18 7t
1874
102
16%
Jan
145
14%
Jan
al8 7* al872
/
a29% a30%
100
1.25 Mar
40
a7%
a7%
a8
Marchant
5
22
22
22
268
a8%
28
74
85
Calculating Machine
(Glenn)
1
—
a8%
U
For footnotes
see
page 44.
'r
__
(Un)
common
-•
25
r
United Corp of Del
v:' 144
If;
_*
Calif
United
4272
1.40
Carbon
&
of
United
.
472
1.40
Co
Jan
27% May
6% Jun
—
Oil
19% July
f 2872
I
Carbide
Union
3174
33c
a38% a397a
11 Va
5
Transcontinental & West Air
U' 730
8% I:
2
Corp
5%
9
55%
4674
Jan
3274 Mar
872
Jan
2172
Apr
S
7%
•
I
Aircraft
Steel
Inc
(Un)
1
(new) common——*
Corp
50
Sugar
(Un)
Co__—
5
1
__
—
,
—
—5
11
(Un)—1
1
1.00
67a
1
—
(Un)
1
—
Stores
-50c
—100
1572
Elec. Com (Un)__TT127?
(F
W)
(Un)
—*
10
24%
Petroleum
Preferred
Oil
common
Warner Bros Pictures
West
a21% a22%.
13 7e 137a
22%
10
Consolidated
Equipment
Westates
(Un)———5 J
—
10
,113%
Corp
Lines
Air
(Un)
common
(Un)
—
Indies
Sugar
common
Air
Lines
Inc
195
'
10%
11
600
1.00
6%
1.00
67a
19%
19%
2,867
1,<03
200
6%
_
6%
15 /2
100
990
■
18% July
2.25
Jan
Western
Department
Pacific
Jun
31% May
Jun
18
Mar
Jun
23%
Jan
17%
Apr
Woolworth
Co pfd
Westinghouse
Jun
RR
14 /a
a59% a59%
10
33%
41%
Jun
Jan
31% Mar
\
2474 Mar
14% Mar
3% Aug
20%
Jun
23% Aug
35
Feb
51
85c
Feb
Feb
July
2.70
Apr
972
Jan
127a May
1.20 May
57<
Jun
7%
17%
Jun
22%
Jan
5%
Feb
772
Apr
1374 Mar
a__
—
Jan
16
a--
Jan
■
—
Jan
18
f.
v,
1-
Western
—
,
a497a
2472"
25
a48% a497a
671
155
•
Jan
27%
a8
—
667a
Jan
Jun
July
al9%
63%
—'
•
-*
Indiana
Oil:' of
Oil Co of
Studebaker Corp
Swift & Co (Un)
500
8%
,
26% July
29% Jan
230
24
24%
2
______
(Un)——
Calif
.
I
1
Co
24
—
.
'
Jun
Magnavox Co
Martin
Jun
26 7»
A
ser
of
Co
X «•••
•
Western
&
18%
1
26
48
427a
»
Lyons-Magnus class B
Macy
740
Aug
1.70
12,828
3,365
10
Aircraft
Inc
205
11
Company
Leslie Salt Co
Libby
200
12
__1
Ksiser-Frazer Corp
B.ern
205
(Un)
—-——
Corp
(Un)__1
3373c
Corp
Exploration
International Nickel Co Canada
IXL
2174
25
25
pfd
Co
Union
Idaho
20%
J
Oil
Motor
Foods
2174
Jan
4% Jan
11%
1
—
July
25
Standard Brands Inc
Texas
Holly
Honolulu
32
(Un)__ •
Edison Co com
Pacific Co
Standard
39%
•
Ltd
Jan
Feb
2072;
3
Holly Development Co
2074
Sperry Corp
14
Corp
3872
815
Feb
16 y4
14
Stores Inc_
Bros
Feb
33
5
4.48%
Jun
Standard
Hale
31
33
15
(Un)
4.567c
15% Jun
30
Oil
preferred
Jun
•
—
Calif
4.32%
Conv
5374
100
Aug
195
33
Pulp Co
10
1,140
'
4172
a34% a357a
Jan
Jan
4172
Mar
•
(Un/
Corp
6%
500
4172
a357»
•
Sinclair
287z
8c
15
Jan
Apr
—
*
Oil
Oil
—
_—5
P10
;
& Co
Roebuck
Sears
22% May
-
(Un)_*
(Un)
—
-10
Spiegel, Inc common
Rubber
&
2472
1
Signal Oil & Gas Co class A
100
11%
al67a
25
common..
__
(Un)-.*
A
Jan
1,022
-
62
11%
11%
pfd-~»
Gladding McBean & Co
Golden State
clas3
Co
& W Fine Foods Inc
So Cal
General Paint Corp common
General Paint Corp conv 2nd
•
Corp.
Brothers
Southern
General
General Foods Coro (I?n)—
General Metals Corp cap
1772
47 7a Mar
*
.
& Chemical
Kleiser
49%
417a
9%
10 7a
5
_
common
Corp Ltd cap_—
Plantation
Food
(Un)
47%
417a
>•.
6%
49%
5
*
Share
7
(Un) „10
common
Works
Oil
__
10
Nemours
Co
Emporium Capwell Co
Eureka
15
common
Bridge
(E
Eastman
Co
1
Manufacturing Co
Richfield
Roos
Dow
10
Reynolds Tobacco class B (Un)
Rheem
Di
.
177a
760
preferred
red
Jun
44%
495
4%
(Un)_15
Inc
Corp
Preferred
Y
Co
(Del)
Amer
of
Zellerbach
Curtis
510
11
1
Electric
&
Jun
5
300
18%
a
al5%
Crown
19%
(Un)
Pacific
a__
w
Commercial
Commonwealth
22
14%
14%
cl B___2 */2
Aug
Apr
10%
Phelps Dodge Corp (Un)
Columbia Gas System clommon (Un)
e
a—
40
—10c
Iron
•
-
a5%
10
Mines
Co.'orado
Columbia
a5%
25
(Un)
Jan
13
'
7
«
_
15%
19%
100
cap
Paramount Pictures
Cities Service Co
:
1.10
a31%
Jun
Apr
12%
26%
Chrysler Coip
i
Apr
39
a36% a36%
25
10%
Mar
54%
•
(Un)„
80
11
Preferred
Central
57% Mar
22%
19%
Cons
Filters
Finance
Pacific
27% Jun
Corp of America
Eureka Mining Co
Jun
19%Mar
(Un)—♦
(Un)
(Un)
Coast
Pacific
Feb
746
common
48
400
(when distributed)__8
1st
41
3 2'/a
new
July
Jun
1st preferred
9
12%
12%
Jan
23c
•
Ry
6%
8%
54%
25
92
35c
July
97a
*
Gas
Pac
.?'■
Jun
32%
Tractor
Chesapeake & Ohio Ry
:
41% May
Jan
25%
Jun
10
I
Pacific
$4.50
(Un)
<
?'
Jan
-30-
178
50
a525/a a52%
.
Jan
15c
Mar
24
5
14
a327» a33 %
a32 %
v
22c
,
-
Jan
2.10
2,993
Class B
5%
25
Chic
Co
4,300
Jun
13
cap
com
United
23c
Jan
337t May
Jan
2.60
Oliver
Jan
14%
800
«
i'
:
337a
Jun
7
Case (J I) & Co common (Un)
Celanese
•
2374
Caterpillar
!•
*
22
•
common
Preferred
|
Ohio Oil
343/4 Mar
Jun
•
_:
Pacific
Jun
1.95 Mar
•
Packing Corp
Canadian
Ohio Edison
Jan
33c
,
1.35
Apr
7
13%
:
57<i
California Art Tile class A
California
a42% a44 Vb
•
Cement
355
29c
1,220
32,300
17%
13
Investment
Co Ltd
Co
1.60
Feb
1
(Un)
Oil
Pacific
Oil
Pacific
(Unt
Calaveras
Apr
245
2.00
Co
43/a
6,958
8
1
Borden
2674
850
7%
(Un)
Boeing Airplane Co
•:
50
:
28
Holdings Corp
Blair
Jun
250
Jan
10
vl.
(Un)
Un)
i
__
Oceanic
337» May
11%
*
preferred
Oahu Sugar
,
Aviation
American
Northern
'
:
Co
American
572%
6
19c
32c
(Un)
American
North
Jan
8
RR
4% Mar
,1.55
1.60
.
American
North
Mar
7%
Y Central
(Un)
Products
cap
North
Mar
32c
Co
400
.10
'V —
20'%
207a
7" I Iy.-'v•'I/IIv 'I 77/'
5
r
al47a al474
.
Corp
5%
a363/a a363/a
a363/a
,-1
I
High
5%
V
.•'•*'
(Un)
Co
Low
702
.-I
Fibres
•
Baldwin
&
Range Since January 1
Hipfc
14
...
P10
;
••):'
North
Jan
Jan
6
Apr
3
22c
N
207a Mar
Jun
'
Shares
13
18
'
Co
Distillers
Natomls
31% Mar
778
'
—
Ward
Auto
National
Jan
102
(Un)
V '''■
'
Js M & M Cons Un)—
National
Jan
617a
24c
•
J
Nash-Kelvinator
Feb
May
22%
252
53%
149 3/4
84%
a
Co
Morrison-Knudsen
Jan
Jun
51
270
a22% a22%
10P
457.
6
a84%
—
73
29%
6
100
Engine
26%
29%
Mfg
Montgomery
11% Aug
147a
1,736
•'
a28% a287/a
-
Feb
Jun
11
143
26%
7%
10 74
V
;
*
a58% a58%
--
..50
M
6,800
;
a45% a4674
—
Jan
300
13
:
142%
14
(Un)
HVa
12%
' 13
''
for Week
Low
•
-5
Robbms Inc
&
•'
Sales
Range
of Prices
Par
(Un)
Mindanao Mother Lode Mines—
10% July
,
'.
Menasco
Apr
10 7»
•
Big Wedge Mining Co
Manufacturing Corp
Avco
Feb
400
3'A
20%
16
Corp
Atlas
Atok
50
10
•
(Un)
Fe
-."I
Co
(Un)—
Sugar
McKesson
High
17
(Un)
& Santa
Low
f.;-v
Navigation
McBryde
10%
(Un)
Anaconda
Range Since January 1
1
(Un)
Viscose Corp com
Matson
High
3'/a
American Smelting & Refining (Un)__•
American Tel & Tel Co (Un)_
100
■
:I;I'
Shares
Week's
Last
Sale Price
20
(Un)
San
of Prices
a22 7a a22»/4
IlO
(Un)
cap
a22 Vi
5
STOCKS—
for Week
Low
»
.
(Un)_
Factors Ltd
-Amer
1'
AUGUST
Sales
Range
39
EXCHANGES
ENDED
Exchange
Week's
Last
WEEK
(523)
Friday
San Francisco Stock
stocks—
FOR
CHRONICLE
21
Jun
26%
Jan
44%
Jan
49% July
1
40
COMMERCIAL
THE
(524)
LISTED
CANADIAN
RANGE
FINANCIAL CHRONICLE
&
FOR
WEEK
ENDED
MARKETS
AUGUST 5
Friday
Montreal Stock
Exchange
STOCKS—
Range
Abitibl
Power b Paper
Shares
Low
•
20
12%
7%
for Week
of Prices
Sale Prlee
Par
Ogilvie
Sales
12
Steel
Light,
5%
—
Products
Heat b
common
preferred
class A
Algoma Steel
1,110
20
39%
300
39%
50%
—
Amalgamated Electric Corp
Anglo Can Tel Co 4 %% P*d
48%
-v
50
a43%
7
50%
7V"
Jan
24%
Jan
Pcnmans
56
Jan
Development
Powell
River
30
May
61%
Jun
41
1,185
125
6 Va
60
43%
a43 % a43%
JUn *
9 Vb
47
Jun
,,
Corp Ltd
4% %
5%
common
-.100
preferred
Corp
Asbestos
a65
23
a65
23
23%
83
Teleg pfd
Batnursi
b
Power
Paper
class
A.
Apr
5%
6%
Jun
5
€2
Jun
76
176
21
Jun
26%
50
81
Jun
87
83
.25
Light
42%
Power
b
American
British
Bank
Provincial
Jan
18%
101
17%
Jun
23
42
42%
3,014
38%
Jan
19%
19%
1,923
17% May
20'A
■4;
12
Apr
Jan
Columbia
Elec
4%%
Bruck
Class
•
2%
2%
25%
25%
120
2%
2%
200
2%
A
*
15%
*
5
—
Power
Corp
14
280
al3
St
26%
4%
27
Jan
17
33
Simon
al3%
110
15%
920
35
a9
a9
10
8%
Apr
10
96%
Jun
a98 % a98 %
12
12
12%
a35% a35%
21%
Jun
Jun
30
9%
4%
Corp
12
Jun
14%
Jan
Jun
37%
21 Ve
July
20%
2,275
19%
19%
200
11
650
•
common
10%
-——20
pfd
36
9%
Jun
23
July
Va
Jun
14%
Jan
Jan
Jan
14%
50
13
Jun
17
21%
21%
1,480
19
Jun
22% Mar
36
36
25
34% July
39
a21
20
a21
35
20
2 2'A Mar
alO
alO
15
26
pfd
25
Investment™—•
26
45
24
24
—*
24%
90
8%
8%
*
*—_
Companies
Railway—
May
Jan
Jun
13
26
Aug
24
Aug
27% Feb
28% Jan
8
Feb
Glass
&
Dominion Coal 6%
Glass
Steel
Stores
Ltd
10
Jun
9%
Feb
11
May
14%
Jan
96%
99%
81
Jun
12278
Jan
16 Va
*
Gair Co
11'A
5%
Power
Steel
Howard
Wares
&
Sons
Lewis
Bros
Paper
Jan
9%
Jan
6'A
Jun
5.90
Feb
7.10 May
Jan
72
855
71
Jun
86
Jan;.
1
41
40%
42
440
36% Jun
.42% Jan
23
23%
4,790
22% Jun
25
Apr
a47%
40
48'A
Jan
17
50
15
July
25
Jan
al30
5
139
Jun
145
Apr
of
•
com—
102% 102%
23
„
..50
Canada
a47
•
%
a47
17
com.
.100
—
al30
17
17
certificates
al6%
a
common
25
17%
16%
105
100% Jan
103%
j
45% Jun
.
15% Mar
Apr
Jan
18% May
16%
15
16
Feb
20
20
—*
a22
90
19'A
Jun
25
22
15
94%
Jun
97%
A*.r
17
Feb
20
Jan
a
Steel Co
—
.
14%
Jun
35%
995
31%
Jan
37%
Power
16
Jun
21
a95
19%
—
*
1%
preferred
Stores
Tooke
Wabasso
Steel
5%
Cotton
-—
'
18
May
20 %
Jan
550
7lA
Jan
85'A
Apr
Feb
80
18% Mar
Jun
85%
13% Aug
16'A
;
4'A
Jun
Feb
7
Jan
7%
5% Jun
Jan
14
575
14
May
29
1,122
24
Jun
29
Aug
22
435
21
Apr
25
Apr
a97
a97
10
98
Mar
420
27
Feb
16%
Jan
*
33%
.100
10
20
Commerce
10
10
34'A
98%
98%
II
Canadienne
33'A
common
98%
51
'41
—
Jun
14
—
common—
preferred
Jun
5
22
100
—
50
6
17
78'A Mar
28%
*
"125
Ltd
175
5
5%
Jan
14
-*
preferred
6%
35
24
July
29
—
Worts
&
common.
preferred
Zellers
13%
385
5
"5%
Winnipeg Electric
84
13%
25
—
(George)
650
"210
6 V*
Ltd
Gooderham
17%
6%
83'A
84
83%
Corp
Weston
4%%
150
83
~6»A
common.
—
Brothers
United
19%
17%
common—
of Canada
41
500
28
28
25
100%
97% Jun
39
Feb
27%
Apr
Jan
37
Apr
100
'
Feb
43
Jan
28%
Jan
Jan
Banks—
20
20
555
19% Mar
20%
23%
23%
270
22%
Feb
29%
29%
Montreal
29%
275
28%
Feb
24% May
29 % Jun
26
26'A
26'A
uni—1110
—
Roval
1,521
25
Jun
26%
Jan
35'A
35'A
35'A
59
34
Mar
36'A
Apr
25 Vt
Scotia
Nova
Feb
35
24
39%, 39%
16
16%
50
22%
Jun
27
25
25%
3,364
Jun
26%
Apr
24%
35%
Feb
39%
13%
Jun
17%
Canadian
Apr
1,916
Montreal Curb Market
Feb
105
Jan
% a27
30
21% Mar
a23
20
21%
Jan
27
^
STOCKS—
Friday
Par
July
Ltd
26% Mar
Atlas
Steels
110
19%
Apr
21%
Jan
Auto
Fabrics
11 Va
11%
2,869
10%
Feb
12
July
Sales
Range
for Week
of Prices
Shares
Low
Range Since January 1
High
Low
High
Jan
168
Funds
Week's
Last
Sale Price
21%
168
25
165
Jan
f
2c
100
1.00 Mar
*
10%
10%
270
Jun
12%
B—.*
a4
a4
50
4% Mar
5%
Feb
Bathurst Pr & Paper Co Ltd class B—*
5
5
25
3%
6VB
Jan
70
Products
Co
Distillers of
class
Vancouver
95
13 %
Jun
17
Jan
12'A
46
11%
Feb
14%
Jan
14%
3,455
26%
245
20
776
17%
a97%
a90
a90
13%
Jun
24
16%
103
Brown
Company
Preferred
Jan
15%
27
Jan
Canada
17% Aug
Apr
28 'A
Jan
Canadian
98%
Jan
Canadian Food
10
85
Jan
92
50
16
July
14%
14%
770
13
15%
125
14 %
9Va
9%
301
14
14
2'A
2
2V4
1,050
2
100
74%
73
74%
5
17%
Jun
106
Jun
Dominion
&
4
Jan
75
Jun
9
103
Jan
20'A
Jun
20%
1,310
Co
Prod 4%%
Ltd—~*
*32
'32
25
30
Mar
pfd-100
a70
a70
5
68
July
*
;
12% Mar
Investments
Gen
20'A
18%
Jun
Jan
23
33
Apr
70% July
17 VB Jan
•
15%
15%
15%
442
•
Ltd
20
20
20'A
65%
150
19% Mar
22
Jan
110
64
81
Jan
15'A Mar
May
Jan
Canadian Industries
Feb
Canadian
Ingersol
Apr
Canadian
Lt
May
Jan
Canadian
Mar
Co
65
•
24
24
1.65
1.65
'
July
10% May
27
Rand
Marconi
Jun
common
15%
&
Pr
100
Co_
29
29
31
Apr
Canadian Silk Products class A-——•
Canadian
Vickers
45%
47%
926
38%
Jun
56%
Jan
Canadian
Western
16%
Feb
17%
15
May
71
10
Jan
Jun
red
Sugar
Fairbanks-Morse
8
'
90
10
1
47 %
70
13
Jun
Jan
Jan
97
100%
10%
1
common
————
10
35
10%
2.00 Aug
15%
15%
18%
a22%
a95
*
Apr
230
18%
103
Va
a22
100
■
29
I
Co
Ltd
2
Co
18%
3,338
19%
1.191
13% Mar
14 Va
Jan
Chatco
140
24%
Jan
25%
Apr
Claude Neon General Advert
£1
6%
6%
125
6%
Jan
7%
Jun
Commercial
22%
22%
1,711
—
25
200
a21JA a21»A
5
23% July
1.15 Jun
33%
Jan
2.00
J an
19%
Jun
24
Feb
62
Jun
84
Mar
3% May
4
Apr
72
73
175
3VB
3 VB
3'A
1,050
9
9
25
9
I.May
11
Jan
60
GO
62
61
54
Jan
100
Jan
4
4
75
4
"'Aug
11
11
25
7%
13%
Jan
14%
25'A
1.65
•
common
Lumber
13%
common
14%
•
22 %
*
a4
1%
(John
•
29% Mar
& Linoleum
Ltd—-*
37%
37%
175
36 Vb July
*
11%
11%
80
11% Aug
*
al5
a!5
20
13%
Jun
58
Jan
David
&
8Va
465
7
Jun
127/e
Jan
Dominion
15
15"%
1.192
146
146
18%
18%
11
13% May
£
157/b July
11
40
225
50
146
16%
11
Aug
Feb
July
,160
6%
7
7
205
11
Jan
July
6
July
15% Jun
% May
Mills
Ltd
Lj
Frere
Limitee
Oilcloth
Dominion
19%
Jan
Eastern
15
Feb
East
7%
Textile
(R
Woollens
Worsteds
&
Paper Co Ltd
15
18%
Apr
12 %
Jan
Feb
6-
Jun
July
8
7'A
Feb
Jun
31% Mar
40
Mar
13%
20 Va
Jan
Jan
Jan
Steel
Products
Kootenay Pr 7%
Mills
Jan
Fairchild
22%
Jan
Fanny
15
Ltd
•
5
75
5
Aug
37%
40
160
28
May
16
16
125
16
Aug
5
pfd
5
100
—20
Ltd
pfd
(The)
90c
90c
250
60c
1
31
31%
195
31
1.50
1.45
1.50
2,000
7'A
40
Jan
Aug
16% Mar
Jan
17 Vs
S,
16%
17 Va
610
12 Va
12
12 Va
10
18
18%
1,100
150
17
Feb
37
37
280
33
Feb
18%
20
543
18% Aug
23%
a29
40
27
40
Jan
Aircraft
Ltd
■
Apr
1.25
July
36%
Feb
1.25 Jun
20% Feb
2'A
Jan
Jan
Jan
V; 20
Mar4*
Fleet
Farmer
Candy
Shops
Inc
Manufacturing Ltd
•
Ford Motor Co of Canada class A
a29
a28
101%
101% 101%
101
100%
Jun
Jun
37
May
101% Aug
•
23
22%
23 V4
830
Great
*
10 %
10%
10%
50
9JA
10
a8%
a8%
35
8% May
37%
855
42%
42%
30
34% Mar
38%
*
a2%
a2%
40
Lakes
Halifax
Paper
Insurance
Metal
Paints
10%
10%
100
10'A May
11%
Jan
18
18%
880
16 %
Jun
23%
Jan
Massey-Harris
21
21
21
20
Jun
23
Feb
Maxwell
49
May
59
Jan
McColi-Frontenac
Lowney Co Ltd
MacLaren
56'A
58
2,810
com
Co
Industries
International
18
58
Ltd
Ltd
42'% July
Jan
Feb
—
45
Co
Hydro-Electric Securities Corp
Int
36 Vb
;
*
Ltd
68
44
-
•
29%
1,820
•
5
29%
53
•
pfd__100
-50
52%
—18%
4% %
class A
Ltd
*
common
50
Crain
18%
•
-100
400
6%
Consolidated
Jan
8%
Esmond
—
2,470
8V»
6%
Jan
36
Donnacona
*
(Robt)
15
85A
*
Consolidated Paper Corp Ltd———*
22
Jun
8
•
*
.14%
com—*
Jan
15% July
5
Jun
7%
23% Jun
29
*
Tramways
(Henry) & Co
5
Consolidated Bakeries of Can Ltd—*
1,456
100
Oil
100
157/a
5
B__
pfd
pfd
33
•
Ltd
*
common
8%
53
15
A)-!
Alcohol
31%
al5% al5%
__
•
pfd__
Ltd
100
19% Feb
4% Jun
Products
Steel
33
25
of Canada
Woods
Mines
17%
Jan
75
925
71%
*
Breweries Ltd
Montreal Locomotive
Noranda
16
143
6%
6.50
72
9
———
National Breweries
7%
preferred
16%
99
—
Molson
Morgan
Apr
Feb
14 !A
25%
Export class
Massey-Harris —
Montreal
11%
Apr
940
18
a97
•
common
MacMilian
Mitchell
10% Mar
22 Vb
-—————25
McColl-Frontenac
25
Jun
Ltd—*
International Paper common
International Petroleum Co Ltd
International Utilities Corp
Lang
11
May
8% Mar
18% Jan
26%
17%
preferred
the
Jan
S8
9
-—*
Acceptance Corp
International Bronze
of
Apr
60
Jun
17
Butterfly Hosiery Co Ltd
_*
-
common
Ir.dust
Lake
16%
Jun
95
Jan
38
Aug
16%
Alabastine
International Nickel
Jun
45%
80
405
Southern Canada
I
Canadian
preferred
6%
30
Jan
7
12%
———100
—
preferred
6%
Feb
35
14
14
Hudson Bay
Mining & Smelling
*
Imperial
Oil
Ltd
♦
Imperial Tobacco of Canada common_5
4%
12%
1,537
97
535
& Sons
Brewers &
—100
Smith
20
55
50
2c
common—
Gypsum Lime &
Hamilton Bridge
510
7
15%
•
preferred
General
55
51%
Jan
22
168
100
preferred
Uatineau
13%
\
...»■
18%
common
trust
21%
——
preferred
17%
Jun
a26
Kootenay Power————*
Eddy Paper Co class A preferred——20
Electrolux Corp
1
4%%
7%
a23
—
East
—
11 Va
2,277
a35
24
39%
———2-——100
—
14%
al7% al7%
35%
al7%
25
Famous Players Canada
Corp
Foundation Co of Canada
Fraser
Co
common.
Feb
1,010
4,723
18%
——*
preferred
15
7
Dominion Tar & Chemical common—*
Red preferred
——-23%
Dominion Textile common
1%
July
22
•
——
12
7%
•
;;
25
a34
25
common
Jan
99%
——•
Dominion Steel & Coal class B
Dominion
Jan
Jan
36 Va
11%
*
preferred
11%
Jun
Jun
7%
•
dominion Foundries &
May
11%
Co—————f,
Dominion Bridge
Jan
8
24
14
*
Seal
Leather Co Ltd class B
Distillers Seagrams.—
Dominion
12%
11%
25
11%
5
Cork
12%
8 Va
145
200
14%
*
Consumers
26
20
Consolidated Mining b Smelting-
8%
26
12%
—25
A——-—£
8%
26
——
Cockshutt Plow
Crown
Jan
42%
11
Walker
21%
—-*-25
A
18%
19
14%
*
6%
Davis
Jan
19'A
6.40
Feb
20%
common
class
63
Jun
7
120
18%
Imperial
Cardy
Aug
13 Va
190
14
38
10%
preferred
Thrift
.-.■Class* B
Canadian Locomotive
Canadian Pacific
56
34% Jun
,i
Jan
May
10%
Southam Press Co
Jan
98% July
33
19%
25
Oil
45
102 %
18%
Feb
41
20%
Canadian' Xnd Alcohol class A
Canadian
Jan
102%
Simpsons class B———~:
4% %
preferred
26% Jan
27
191
a35%
—*
Foreign
Apr
37
49
—
25%
28'A
50
i.
i,,
Cottons
Canadian
56
101
13%
Jan
16% May
Apr
25
———*
Converters class
Canadian
5
100
Williams
(H)
26'A July
„—_———-1
preferred
Voting
5% May
Jan
May
Jan
97
Jan
Jun
20%
6%
Paper 1st preferred
2nd preferred
7%
:
50%
6.50
Lawrence
Sherwm
Jun
3'A
Mar
'
97
common
preferred
A
20
11
Shawinigan Water b Power
Jan
3
Feb
Jun
28%
_•
$1.00 Series
Canadian
2
472
25 Vt
*
__
Series
a4%
30%
13 Va
100
Breweries
Bronze
Canadian Car & Foundry
Class A
$1.75
a4%
30
51%
.100
Ltd
Standard Chemical
Safeway 4lA% pfd
Canada Steamship common
0 % preferred
Celanese
Jan
247A
100
13%
•
Apr
Jan
50
•
43%
14
•
173 Vb
18
*
Canada
Canadian
15'A
30%
a
common
I
•
$1.80 preferred i—————20
Canadian
101 Va
2% Aug
1,400
a4%
•
Canada Cement
Canadian
Apr
5
'
Jan
23
16
Oil
Sicks Breweries
Ltd^class
Northern
97%
24
103
38
14
Jan
22
A__*
B
Canada
25 Va
716
235
*
Building Products
Bulolo Gold Dredging
Apr
24%
24%
a
56
—
Ltd
————
Paper
Series
B
Mills
%
24%
a99% a99%
pfd. .100
British Columbia Forest Products
British Columbia Power Corp cl
Class
Feb
14'A
24%
24%
„25
225
43%
Saguenay Power 4%% pfd
St Lawrence Corp
1st pfd
Apr
12
24%
Preferred
26%
High
Feb
168% July
150
Jan
12
Jan
:
al03
Quebec Power
42% Aug
5
■■■'
Transport
Royal!te
May
19%
Note Co—
—
30
20
26 Vb
26 Va
20
1,015
Mar
12
American Oil common
British
common
preferred
2nd
British
■
,
—
Power Corp of Canada
Price Bros & Co Ltd common—
Jan
18%
Telephone
Trac
600
*:
Co
Rolland
Associated Tel &
Brazilian
5%
Ltd
Low
21%
20
Jan"
.Jan'
4%
Arffiis
Tubes
Page-Her sey
•
com.
Range Since January 1
High
168% 168%
—
-100
Jan
20'A
Jun
S% May
Power
Shares
21%
-100
-——
preferred
17 Va
Jun
19%
1,585
18 Va
a21'A
39%
Aluminium Ltd
Bell
12%
18
a21
18 Va
*
16
Placer
$1.50
Acadia-Atlantic Sugar
21%
*
_!
for Week
Low
—*
common
preferred
Ottawa
High
Low
Mills
Ontario
Range Since January 1
High
Flour
Sales
Range
of Prices
Par
Week'*
Last
stocks—
Week's
Last
Sale Price
Canadian Fonda
Friday
Monday, August 8, 1949
5%
(Walter M)
& Paper Co
2'A July
'Jan
16
Jan
10'A
Jan
2%
6lA%
conv
Ltd
Oil
4%
pfd
Jan
A—*
22
22
25
22
Aug
26
Jan
23
23'A
250
23
Aug
25
Jan
Jan
13 %
•
14%
14%
75
Jun
16%
*
34%
34 V2
75
34
Jun
39 "A
pfd__20
24'A
24 V4
75
24
July
27'A
*
Power
Co
69
26
20
class
pfd
<•
Jun
7'A
7%
50
6
Jan
a93
a93
3
96
100
.
*
Feb
3
97 %
Jan
Jan
May
Feb
.
Volume
Number 4827
170
THE; COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
RANGE
Friday
v
STOCKS*
Week's
Last
Par
Minnesota
&
Ontario
Paper Co
Montreal Refrig & Storage Ltd
1st
Scotia
Nuciear
Lt
&
Pr
Enterprises
Orange
Crush
service
*
Co
6%
c
pfd—
Ltd
__
*
515
25
28
10
9
12%
135
9,
16%
Toronto Stock
Mar
29 %
-
•*
Jan
30
Jan
Feb
29%
73 V*
9%
all0% all0%
5
110% xMar
16% Aug
111%
Jan
10%
10%
410
9%
Feb
11
July
5%
6
250
4
Jun
7
Mar
17y2
i7'/2
100
15
20%
Jun
Sale Price
Par
Abitlbl
Jan
Power
$1.50
Corp of Canada 6%
6%
l.t pfd—ICO
al03
C
N
part 2nd preferred
50
Quebec Pulp & Paper 7% red
pfd—10o
Russell
Industries
Ltd
Southern
Canada Pr
Southmont Invest Co
Standard
Paving
pfd
Trans-Television
Union
Gas
United
of
Fuel
VvVsteel
100
51
Jun
54
12%
Feb
24
16%
1.000
15
Jun
18%
Jan
IrO
10
44c
7,921
11
285
108
Jun
8
Inv
class
Products
A
30c
25c
30c
700
25c
11%
12%
500
9
20
49
75.-,
35%
■%_'
a50
t
-
39
abO
.
40
Apr
46c
Mar
Jan
.
12%
preferred—v.-
Ltd
113'
Jan-
41c
*
Ltd
Mining
Yellowknife
Aglo-Rouyn
Metals
Lob's
Lake
Mining Corp Ltd
Gold
28c
—III ?
Ltd
Mines
*
Ltd
11
July
65c
July
Jan
-
May
12'A Aug
July
51
40
May
Mines Ltd
7,000
42c
500
17 %c Jun
American
Anacon
Anglo
Anglo-Huronlan
Consolidated
Beattie
Central
Cortez
Mines
Anglo. Rouyn
Mining
Mar
9'AcMay
19c
8c
8,000
5c
7%c
4,000
5c
25c
Feb
39c
Jun
Gold
Mines
Dubay Gold
East
<
Mines
4'Ac
Jun
43c
a__
10c
55c
Feb
16c
4%c
4%C
5c
24,000
3'Ac Mar
Jun
-14c
16c
1,650
10c
18c
19%
480
60c
60c
1,000
39c
May
Jun
May
15%
___•
igc
16c
19c
10,500
Athona
6%c
6%c
6%c
500
6c
1
2.60
2 50
2.62
4,300
1
2 30
2.20
2.33
39 %c 39 %c
6,800
Mines
50
16c
1,083
12c
May
18c
Jan
ll%c 13'Ac
12,000
9c
Jun
20c
Jan
8,300
16c
Jun
68c
Jan
56
Jun
Jan
61 %
May
Jan
28c 29'Ac
26% July
25% May
3.10
3.30
4,700
2.85
Jun
5.30
9.10
9.50
2,266
8.65 Mar
10%
5%
-1
22C
21c
24c :'~
11c
11c
500
.10
11%
11%
11%
185
1 Ml-
4c
4c
5c
5,000
12c
12c
13c
11,500
41c 45'Ac
58,000
3%c
7c
239,500
4%c
4 %c
15c
1,500
7,000
5%
315
12c
•.
-1
Mines
.
(1937)
1
Oil' '-——I——.
23,500
69c
69c
500
10%
10%
1,225
12'Ac 12 %c
1,000
69c
10%
-1
12 %c
Gold
17c
25c
Jun
3.45
*
Co
21c
9,225
26
26%
115
37%
37%
37%
50
85c
85c
5,700
37c
37c
4,000
12%
13
500
42%
42%
3,080
Mining.
*
May
40c
22 %c
Jun
78C
Jan
22c
19c
22c
20,000
19c
Aug
24 %c
7c
Mines
Gold
4c
5c
8,000
4c
July
Jan
15c
Aug
May
5c
Jun
5'A
Jun
8c
Jan
30c
8c
6%
j
Jl
7.00
6.38
7.00
yuO
5c
5c
5c
500
8c
8c
2,500
10%
10
10%
1,010
8.75 May
15c
15c
15c
1,500
9'Ac Feb
1
I.
1
Ltd
1
Mines
51c
45c
;_1
Ltd
18
16%
13
25,500
3,575
1.43
1.43
100
Lake
Labrador
Mining & Explor Co Ltd.—1
Gold Mining Co Ltd—"
Mining
Co_„
Jan
14%C
Jan
10% Mar
13%
Jan
3c
Jun
9%c
Jan
9c
May
18c
Apr
50c
May
94c
Jan
Jun
12%
Jan
8c
Jun
15c
Feb
10c,
May
38c
Feb
10
3.00
3.95 Aug
Jun
14c
Jun
27c
Jan
25
Jun
26%
Jan
35%
Jan
37% Mar
84c
Jun
20c
Jun
12
38%
5.00
1.06 May
1
10c
Mar
Jan
7.00 Aug
Jun
5.60
~-3c
July
14% May
Feb
42% Aug
1
Shore
Bobjo
Kirkland
Gold
.1
Mines
Bordulac
5.50
1,200
27c
25c
27c
6,400
5%c
5%C
7%c
10,600
3%c May
16c
Jan
15c
16c
4,000
10 %c Mar
25c
May
16"%c 16 %c
500
11c
May
11,200
8c
May
18c
Jan
8c
Aug
•*■■
19c
22c
r
Apr
19c
July
17c
17c
3c
Pershing
12c
Jan
12%
Jan
Brantford
23c
Apr
Brazilian Traction
52c
26c
Jun
53c
Jan
14%
Feb
18
Aug
1.35
Feb
2%c
3c
3,000
2c
Jun
,
5%c
37c
3,400
26c
Feb
*■
45c
Bralorne Mines
*
9.95
10%
2,025
Cordage
*
common
Light & Pwr
com
•
10%
9
19%
9
19%
50
8%
2.85
Jun
British
3.90
4.25
1,400
42c
47c
5,300
i;0-8
10%
15%
670
11%
Jan
1
1.22
1.19
1.22
600
94c
May
4c
4c
1,000
3c
Jun
14c
14c
14c
500
8c
May
1
42c
41c
45c
8,200
19c
1
3.05
3.05
3.10
900
2.75
Jan
Jun
20 Vb
Ltd_^
Lingside
Gold
Louvicpurt
Mines
-
Ltd.
Goldfields
2.74
2.55
2.74
2,000
2.12
Jan
2.74 Aug
1
Ltd-—;
1
Madsen
Mines Ltd
Red
Malartic
Lake
Gold
Gold
Pields
Mines
Ltd
Mclntyre-Porcupine Mines ltd
Mining Corp of Canada Ltd
31 %c May
6.25
55c
Negus
Mines
,
63%
64
670
10%
*
Ltd
Goldvue
Normetal
1
Mines
Mining
10%
500
2.43
Ltd
24c
•
2.43
600
23c
24c
1,500
2.47
1
Corp
Jan
Oil
Gold
Osisko
Mines
Lake
Ltd
Mines
2.55
1,600
1
1.78
1.66
1.78
7,400
1
Ltd
Columbia
Elec
Columbia
Forest
15% Aug
1.45 Mar ;
British
Columbia
Cadallic
Gold
Piccadilly
Porcupine
Pitt
Mining
Gold
Preston
East
Mines
Gold
Ltd..
May
51
8.50
45c Jan
70c
Jan
64
Aug
Jun
12%
Dome
Labrador
Feb
2.48
Aug
Jun
31c
Develop
Co
Jun
3.70
Jan
1.45 Jun
1.95
Jan
1.03
1.02
95c
1.03
3,700
75c
July
1
4%C
1,000
8c
9c
1,500
8c
Jun
5c
5c
5%c
2,500
4c
Jun
1.55
1.55
100
1
22c
Quebec Manganese Mines Ltd
4%c
1
5C
Mines
Ltd
Senator-Rouyn
50c
Ltd
6c
1
4c
Mar
1.47 July
8c
9c
May
British
Dominion
Bruck
Gold
Mines
Sladen-Malartic
Stadacona
Mines
1.62
Buffalo
Red
Building
Steep
■
Rock
Sullivan
Teck
Iron
Cons
Mines
Mines
Hughes Gold
Tiblemont
Mines
A
6
26
26%
&
Co
Burrard
class
class
8c
Jan
Feb
6%c
6%c Jun
14c
Jan
Canada
Bread
35c
48c
Jan
Canada
Cement
12,000
20c
May
42c
Jan
25c
Mar
52c
New
Oil
44c
46c
5,300
41c
Jun
53c
Jan
6c
6c
2,000
3c
May
8c
Pacalta
Oils
1.70
400
1.35
Apr
1.81
July
1.60
1.75
3,600
1.30
May
1.90
Jan
3.35
3.45
'400
2,700
lie
12c
1.02
1.00
1.03
2,500
11 %c
11 %c
15c
13,900
__
44 %c
43c
46c
35,500
9,25
9.25
9.30
205
2.50
1
2.90 Jun
2c
May
74c
Jun
11 %c Aug
3.45 Aug
14 %c
Canada
Western
2.39
2.50
42c
6.90
2.12
May
Jun
1.28
15
1,100
Jun
2.50
July
Permanent
Wire
&
South
BrazeaC
Canadian
Banners
Convertible
Jan
2.28
11,700
Jun
3.05
Jan
10c 14'Ac
37,100
8c
Jun
20c
Feb
7c
7'Ac
3,782
5c
May
9%c
Jan
30%
70
May
33
Jan
1.60
27
May
3'Ac
4,000
3%c July
5c
12%
125
12% July
14%
Jan
14
14
14
10
12%
17%
Feb
7%
7%
7%
400
6%
Jun
9
500
5%c
Jun
Jun
4.20
4.35
925
3.75
Jun
9
6%C
9%c
90,200
4%c
Jun
30c
500
-1
3.30
3.25
3.50
5,200
3
3
100
25
25
25
220
31%
31%
31%
15
100
192
192
192
10
8%
:
14c
Jan
6.60
July
Jan
9%c Aug
30c
2.70
Jun
Jan
2% July
54c
Jan
3.75 Mar
Jan
Canadian
Celanese
Apr
Canadian
3%
Apr
26%
Jan
common
33%
Jan
3.85
Jun
6.60
Jan
Canadian Indus
Jun
12c
89 %c
Feb
2 00
1,000
77c
Aug
90c
9.20
9.65
3,371
12c
12c
•3,000
3%C
3%C
2.43
2.43
1,000
17 %c 18 %c
12,500
14c
15c
3,000
common
Jan
May
Mar
2,000
General
Alco "A"
voting
Canadian
Oil
Cos
common
Canadian Pacific Railway
Jun
13%
Jan
Canadian Utilities preferred
Jun
14c
Jan
Cardy
Jun
2.10
Feb
10 %c
Jun
321
12
Jun
14%
29
120
24%
Jan
29
10
23%
23%
23%
765
22%
Feb
24% May
20%
20
20%
3,375
19
Jun
21'A July
17%
17%
345
13%
Jun
18
Jan
17%
17%
17%
225
13%
Jun
18
July
11
11
150
9%
Jun
14%
14%
14%
100
•
•
21%
21%
21%
350
13
19
May
14%
Jan
Jun
17
Jan
Jun
22%
Jan
Jun
28%
6c
Jan
Jan
21
21%
325
5%
5%
5%
730
10
65
Aug
77
Feb
210
Jan
245
Apr
•
8%
class. A
65
225
10
8%
8%
25
68c
70c
2,800
Jun
8%
Jan
Jun
11%
Jan
55c
Jun
79c
Jan
8 %
*
13
13
13
25
12%
Jan
15%
Feb
25
14%
14
14%
3,290
11%
Jun
17%
Jan
99%
99%
30
99%
Aug
100
20
7%
7%.
15
1.20
7%
1
Gold
65
225
65
4%
1.20
2,100
1.50
1.55
Feb
9%
Feb
Jun
1.50
Jan
Jun
1.74
7 % May
1.14
102
Jan
3.00
Corp
18%
21
•
*
Canadian Malartic
8c
9%cMay
J an
12%
50
Electric
8.50
3%c
192% May
28
100
100
1,875
1
Jun
*
Products
4.30
2,000
*
29
187% Mar
12%
-•
Dredge
Food
Canadian
77c
9.50
Jun
Feb
Jan
5c
22
28
*
20
5.30
1.26
14c
Jan
Jan
3 %c
*
A
Jun
6%c
_*
page 4-1.
common
Canadian Car common
2.90
6c
Petroleums Ltd—
see
24c
Jan
•
preferred
600
77c
18c
For footnotes
5%
12%
•
Cable class B
Canadian Bank of Commerce
3.15
1.20
*
Ltd
Mortgage
Canadian Breweries
3.10
6c
1
Oils
37c
Jun
*
common
Canada SS Lines common
Cariboo
Pan
2.05
10c
1.34 May
73c
1.21
*
Omnitrans Exploration Ltd
Pacific Petroleums Ltd
36,800
*
common
4.30
common——*
Ltd
22c
*
—
Preferred
*
•
Co
15'Ac
37c.;. Feb
"i;
Jun
4% Aug
2.57 Jan
1.70
1.75
3.15
Ltd
Jan
Jan
July
1.25 May
■.
Co
July
Aug
Cons Homestead Oil Co Ltd——*
Home
May
30c
20
*
Campbell Red Lake
5,250
Oil StOCKS
Ltd
18c
2,200
Calmont Oils
7c
28,500
Anglo-Canadian Oil Co Ltd
Petroleums
2,500
37c
4%
-•
Flon
Canadian
General
20c
34c
19'Ac
30c
Flin
May
52c
*
Gaspe Oil Ventures Ltd
Jan
7
26%
Mar
4'A
37c
1
—
Edmonton—
&
Jqly
*
Ltd
13
Jun
5% May
*
A
3c
1
Corp
10
25
*
B
Bousquet
Class
Edmonton
230
12%
.
2c
25c
1
&
,
3%c
Steel
300
47c
i
Calgary
5
.
4%
19 %c
Hill
18,500
20c
Ltd
Wright Hargreaves Mines Ltd—
Jan
Jan
30
4c
52c
Mines
Ltd
300
6
26%
7%C
5c
20c
Trebor
Corp
10%
6
•
Lake.
5c
1,000
1
Mines
3
Jun
Jan
20,400
Ltd
Amulet
2%
2.25
67c
40c
Mines
Waite
10%
*
*
A
13 %C
Jun
2.45
Torbrit
United Asbestos
90%
__
17c
2.12
.-1
Goldfields
July
„1
2,400
35 %c
1
Ltd
86
1,150
B.
24c
2.40
1
Ltd—
20
2%
2%
Products
Burlington
Calgary
1
Ltd
(1944)
Mines Ltd
87%
2%
Canadian
Canada
Sandard Gold
87%
•
20C
Buffalo Ankerite
Apr
*
Ltd
Jan
Buffadison Gold
Calder
1
Ltd_
Mines
Jan
25%
Oil
cla.s
6c
1
class
class
Canada Packers class A
Siscoe
24%
Jun
100
Porcupine
Mills
Jan;
l
>
Mr»r
14 %c Mar
_1
Sherritt-Gordon Mines Ltd
22
24
;
Power
3%c
4c
Quebec Yellowknife Gold Mines Ltd—X
Santiaeo
945
175
Jan
1.72
9c
Ltd
24%
24%
Mar
2.30
18c
1
Mines
pfd
Products
Packers
Columbia
Callinan
Quebec
24%
24'A
Jan
Ltd.l
—
24%
24%
6%c Jan
Jan
1
Mines
Ltd
Co
4%
B
British
Burns
Pandora
;
•
common
British
Bunker
O'Brien
•" J
Jan
Buffalo
New
Apr
'
25
American
Preferred
Rroulan
Macdonald
'
3.10 Aug
1
Ltd
Mino;;
Aug
9% July
Feb
17%
Apr
10 'A
8 25 Mar"'*'
1,835
9
19%
Jan
1.50 Jan
1
Mines
Gold
Feb
33c
May
35c
Boycon
Class
Leitch
Apr
7.50
5.50
9%c Feb
47c
Lingman
Lake
Jan
65c
15 %c
Gold
British
Lake
Jan
May
5.50
__
Kirkland
Gold
Aug
7%c
3c
\
Kerr-Addison
Jan
45%c Aug
Feb
2%cJuly
July
5c
Hollinger
Joliet-Quebec
Jan
Jan
42c
13
42%
Bidgood
35c
28,500
•
Belleterre Quebec
Jan
500
72c
20c
•
Bros
Bevcourt
66c
10,139
18c
Ltd
Metals
Apr
66c
5,300
3.95
26%
Feb
2.68
17c
3.45
.10
Barymin
Beatty
16%c Jan
1.85 May
1
16c
3.95
Bonetal Gold
Cons Gold Mmes Ltd
Hudson-Rand Gold Mines Ltd
26'%
15c
.10
July
_i
Heva Gold Mines Ltd—.
40%
29c
Gold
Esse
„l
Gold
35
225
5%
Yellowknife
62c
Jun
1.65
Jan
1
Ltd
100
51%
26%
Boymar
Goldora
Apr
39%
48%
51%
13c
Atlas Steels
19% Aug
Jan
16c
l
85c
39
•
7%c Apr
16c
1
^..Yellowknife
55c
1
Jan
;
8,900
1•-> *
»
Bagamac Mines
Jun
5'Ac Jun
l
Ltd
75c
45c
common
Aunor
1,000
1
Mines
Jan
74c
5%c
Porcupine
Corp
Jan
98,084
Ltd
103
Apex Consol Resources
Aquarius
Aumaque
a
—
8c
El Pen-Rey Mines Ltd—
Formaque Gold Mines Ltd
Giant
2,000
65c
Ltd
Gold
300
6c
65c
Malartic Mines Ltd
Elder
80c
7'Ac
Mines Ltd
Jun
Jan
8c
V.it| aulhvan Mines Ltd-
bmuna
80c
eoc
99
10^
'
6c
1
99%
Jan
July
65c
Donalda. Mines Ltd
Jan
99%
__
Ashley Gold & Oil
Jun
7c
—
25
-1
Jan
July
2
Ltd
Jun
--1
65c
4c
10c
Ltd—1
Ltd
Co
Dome Mines Ltd
Dulama
Mines
Ansley Gold
Jun
20 %c
5,500
19%
Explorations
Cournor
Ltd
Mines
19%
9.35
Ashdown Hardware class A
l
Cadillac
145
...
Armistice
4,500
1,000
7c
80c.
22
High
17
3.20
Aug
36c
7 »/4C
l
21%
Oil
Jan
4 %c
7 %c
1
—.
Jan
22
_1
42c
17c 17% c
•
__
20%
_•
Canadian
Atlas
Con sol
Yellowknife
Lead
Aug
42c
\
Central Patricia Gold Mines Ltd
C'heskirk
Mines
Ltd
Jun
__
Atlantic
Bouzan Gold
Candego Gold Mines-
16
_•
65c
35c
1
830
Low
9% May
Jan
Feb
4%c
II
1
__
Bordulac Mines Ltd
30c
42c
II
:
18 %
_«
Ltd
Arjon Gold
Mines
Base
18
-1
Steel
Stocks—
•
18%
25
Argus
Anacon Lead Mines
500
Jun
10%
11
12%
100
Feb
275
43c
%
High
12%
Mar
52
•
Canada
111
20%
110
43c
*
Ltd
Apr
52
-
•
Materials
104
16%
100
Ltd
&
10
20
__
20
*
6%
al03
Range Since January I
Low
12%
•
Preferred
Algoma
Shares
*
common
Acadia-Atlantic class A
Akaitcho
for Week
20
Paper
preferred *
A.uiimuum
Power
&
Sales
Range
of Prices
Jan
15% May
6
Week's
Last
Jan
8% Mar
Friday
STOCKS-
Apr
Mar
65 )
Exchange
Canadian Fonda
22 Va
Jun
350
•
5
High
16%
__
Ltd
Stores Ltd
30
29%
70%
__
100
1,255
69
—
__10
Low
13%
30
70%
MARKETS
AUGUST
Range Since January 1
High
29%
__
-
Ltd
Shares
13
;
30
^Newfoundland Lt & Pr
Baui
*
preferrtd
Moore Corporation Ltd
Mount Royal Rice Mills
Nova
13%
ENDED
for Week
Low
5
WEEK
41
Sales
Range
of Prices
Sale Price
LISTED
FOR
(525)
Castle-Trethewey
Oil
25c
Apr
Central
22c
Jan
Central .Patricia .Gold, Mines—„—~
Leduc
1.50
75
2,200
1.40
Apr
72c
75c
7,300
56c
May
1.65
Jan
82c
88c
13,200
60c
May
1.45
Jan
If
42
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(526)
FOR
RANGE
Central
Centremaque
Gold
Chatco
common
Steel
Chateau-Gal
Chemical
ii..
5 Vac
_■
50c
50c
>
1
:
*
Dunlop
class A
2.67
2.81
Consolidated
Beattie
Duquesne
.
Consolidated Lebel
Crowshore
Duvies
'2jL
99
97
99%
151
1.12
1.06
13%
13%
15
16c
5%
5%
Lake
B
lc
Chemical
310
9
Jun
27'A
Jan
Jun
14%
Jan
0-
8
16 %
2,095
13Va
Jun
17%
27 Va
130
21 %
Feb
27 y2
July
21%
135
19%
Apr
22
80
10%
Jun
12
May
-
'
57c
Glc
70.500
35c
18c
16c
19c
11,750
15c
Jun
25c
Feb
6c
6%c
19,000
5c
Jun
17c
Jan
17,800
7c
Jun
12c
Mar
3,500
5c
July
1,900
lse
7%
*
— —
Oil
9%
5%c
•
6c
20c
2.50
2.63
2.28
2.25
2.35
11% May
100
May
0
new
.'V.'
,
V -'Zv
5%
20
15,050
1.62
Jun
3.45
Feb
Jan
470
4y4 Aug
5%
305
5
5% Aug
July
70
20,650
30c
66c
73c
98,450
41c
42c
9,900
3.75
4,120
27c
May
3.10
Jun
25c
July
12c
Jan
60c
34,600
13 %c July
27c
Jun
i
Jan
14
14%
150
13 Va
Jun
16
Jan
31
150
30% Aug
37
Jar.
6
5%
6
600
5 'Ac
4%C *5%C
8,000
May
7Va
Jan
4c
May
7c
Jan
1.50
500
1.35
22%
23%
3,520
20 Va
Jun
2.20
2.38
9,000
1.75
2V» Feb
Jun
23
2.30
Jun
.*
.
16 Va
_ZZZ 100
Z_
5
1.50
•
16 Va
110
108% 108%
25
»
2
2
525
class A_ZZ__ZZ*
19
19
100
G<ant Yellowknife Gold Mines..
l
Globe
Oil
God's
26
2.90
Jan
Gold
Metals
1,835
38%
Jun
2%c
1,000
2c
Jun
6c
Jan
29%
29%
205
27%
Feb
29%
Apr
17%
18%
6,124
16%
Feb
19%
Jan
13%
14
1,480
13% Mar
14 V*
Jan
7
75
6%
Jan
7%
Apr
25%
25 %
110
24%
Jan
3c
May
class
4%
11,300
300
20% Mar
23
7%
757
7% July
9
Feb
35c
10,500
54c
Jan
22%
22%
180
July
25%
Jan
100
100
5
99% Mar
101%
32
33
1,065
8
8%
717
24c 25 %C
A
5
22%
7%
10
Co
***-.
Mines
Gpldcrest Gold
Golden
Arrow
Golden
i.L
Goldora
15 %c
ZZ_ZZZ~~l
ZZZZl
Manitou
Goldhawk
44c
___.1__.1_
__
6c
1
-ZZZZZZZ*
_ZZIZZ_1
Porcupine
Mines
,
1.80
*
16
July
108% July
1.55
17%
20,700
33
common
3%
24 %c
Gold
Joburke
7c
Gold
6%C
30c
Jun
21 Va
Mining
Goodyear Tire common
Jun
7
Jun
13
22c
Jun
_____
Lakes
Class
A
2%
Apr
19% July
7.00
28,426
4.75
Jan
7.00 Aug
2%c
2,000
2c
July
3%c Mar
48c
1,200
40c
40c
44c
25,600
29c
15 %c
17c
5,000
12%cl3%c
3,800
5%c
6c
2,500
1.74
1.82
5C
5c
5%c
3,000
4%c
5c
24,000
7,300
i
2yac
2%c
,_ZZZ*
3,500
89
90
30
_______
_____
Paper
common
»
Saddlery
Lead
._
Mines
445
35
74
10
10
90
52c
7%c
i
Lake
Gypsum
Hallnor
Lime
Jan
July
23c 24 %c
45c
52c
131,650
5c
Kelore
Mines
Kelvinator
5c
5c
3,500
9c
10c
4,500
7c
July
23c
Jan
30%
30%
30%
25
26c
Feb
30 %
Aug
16%
13
11,735
14%
Jan
18
Aug
4%c
3%c
4%e
18,250
3c
Jun
10c
Jan
66c
68c
1,500
41c
Jan
95c
Apr
1.39
1.50
20,400
20
20
85
__
Co
_
Ken-Addison
Golden
Gate.
Kirkland-Hudson
Kirkland
Labatt
Lake
1.49
(John)
Ltd
27c
Jun
26c
Jun
54c
Jan
4%c
2,500
Labrador
Mining & Exploration.
4.05
3.80
4J20
Jun
14c
15.%cMar
Jan
Gold
4 VaC
3%C
4%C
Lake
Dufault
Lingman
Mines.
80c 85 %c
85 %c
47c
<
44c
47c
1.67
Jan
23%
Jan
2.85 May
2,500
Lake
Jun
July
6.50
Jan
5c
Apr
1.19
19
5,090
Laguerre
Lake
2%c
Jun
9,160
65c
30c
1.45
May
14,150
Jun
Rowan
3c
3c
8c
Shore
Mines-.
15%
14 %
15%
7,Uo5
Lake
Wasa
Mining.
49c
42c
49c
10,500
__
La
Luz
Mines
Jan
Jan
64c
Feb
12c
Jan
6c
3,000
10%
Jan
15% Aug
34c
Jan
49c
Aug
Lang
&
Sons
Lapaska
Laura
2.35
2.35
7,000
2.00
6.70
6.80
1,125
5.80 Mar
6.80 Aug
Secord
Little
19
12c
14%
100
13
■;« Jun
58c
60c
1,600
53c
1.25
31,700
95c
May
55c
Jan
15% Mar
-
Jun
1.10
"May
May
Jan
86c
1.25 Aug
■
Louvlcourt
67c
7,200
27%
455
27
Jun
31%
Jan
28%
23%
405
27%
Jun
29
Jan
11c 13 %c
12,800
66c
A
Goldflelds
Gold
63c
27%
23%
class
B
13c
19c
3.UU0
15c
8,250 " v-
2.36
2.29
2.38
42c
45c
6c
7 Vac
18 %c 19 %c
Mines
17c
14c
MacDonald
Mines
Macfie
Red
Lake
River
_
7c
Jan
10 Vac
Jan
Aug
16c4 Jan
2.58
Jun
1.90
13,150
45c
19c
,
Jun
3c
Jan
1.03
Jun
8c
19c
15c
..
Yellowknife
Macassa
16% Mar
5%c Mar
27%
1
Groceterias
Lunward
135
2,000
60c
Long Lac
Class
18%
6%C
1.25
_.
Leitch Gold
Loblaw
18
14%
_
Jan
2.45
JUn
6%c
18%
Mines
Leduc-West
Lynx
2.25
6.80
_
Gold
Maoiieod-Cockshutt
MacMillan
Gold
Export
1.16
Mines.
Apr
8,300
21c
May
74c
Jan
b,o00
5c
Jun
13 VaC
Jan
4,000
15c
Jun
34c
Jan
77c
Jun
1.04
1.18
34,433
9
9%
115
9%
class A.
6%
6%
6%
2.90
3.10
24,550
Magnet
22c
Gold
10
100
3.10 Apr
Jun
30c
2.02
25
9
25
1
Jan
Jan
16c
36,000
Maple Leaf Milling.
Jan
7%
Jun
Jan
2.40
6,500
2.74
9
Manitoba Sugar preferred
24c
2.55
100
Fields
21c
2.73
Cousol:
if**tic
Jan
1.20
Jun
110
3.10
Macisen Red Lake Gold Mines..
103
94 Va Mar
8
Jan
2.74 Aug
Ju;y
11% Jan
May
'
Maralgo
4c
500
16%
17
2,197
24%
24%
30
23
8%
8%
25
8
6%
6%
100
4c
Mines
17
common
Preferx-ed
McCabe
Grain
Class
class
A
B
MeColl-Frontenac
3%c Jun
•
5%C Feb
McDougall-Segur
Mclntyre Porcupine
Jan
Jun
56c
Jun
19 %c
Feb
McKenzie
Red
9c
Jun
16c
Apr
McLellan
Jun
Jan
McMarmac
3.15
Jan
Mercury
12 %c
Feb
—*
5
Gold
9c
Jan
27 %
Feb
6% Aug
Jun
9
Jan.-
7% May
■
q-toO
:"l5%
Jan
93
Jan
12
12%
530
10 %
b4
93%
94
4 j
90 %
Jun
9c
9c
500"
9c
'A&g
17 %c
64%
63%
64%
610
50%
Jan
64 %
49 %c
51c
Jutt,
Feb
Jan
14c
22%
49 %c
__100
74 %c
Jun
July.
15%
12 %
common
Preferred
May
5c
1.55 Jun
4%c
Jun
3c
Jun
9%c Feb
Red
Mills
____.
Lake
.
—
*
Mid-Continent Oil
*
Corp
May
21 %c
7%
Apr
Jan
Jan
6%
10
6Vb
Jun
4c
4c
1.000
3%c
Jun
7%c Mar
10
11%
5,925
8.25
Jun
12
6%
6Va
"
-
12c
July
3c
Aug
53cr July
Jun
4c
1,000
14 %c 14 %c
Mining
30c
7,900
3,000
4c
Lake
l%c May
89
Aug
;
4c
103
Feb
Monarch
Jan
Moneta
Mortgage
Porcupine
11%
Jun
16
-
:;.
f
"Jan
'
July
40
Apr
13
Apr
9%
34
Moore
Corp
Hamilton
Cotton
1
footnotes
page
44.
T/ Aug
6 Va Mar
37c
-
660 %
60c
22 %c
69
70
80
64%
Jan
"
40
25
Va
Apr
July
13c
Jun
12c
6
Feb
8
265
10
Mar
11 Va July
175
12
July
14
7%
150
5
10%
10%
*
12
12%
20
28
28
50
1
"Feb
Mar
7%
1
Mylamaque Mines
Jan
27%
8c
500
Mosher Long Lac
Jan
25c
'
5%c
1,000
7 VaC
Jan
65c
Jun
73%
Jun
25%
.
9%C
80c
Jun
16c ;
Jan
8,000
235
6c
14
Jun
17 %c Mar
17
Jun
Drug
100
2.50 Mar
200
8
Jun
13
40
13
Aug
4.50
20c 22 %c
10
23,050
75
15c
9 Va
Mar
Jun
.
Jan
10% May
14% Mar
24Vac
12
5
common
Preferred
—
7%
V
Jan
: July
Jan
National Grocers
9%
13
Jan
23%
Jun
18% Aug
25%
9 %c
May
35c
4.40
10
see
18,000
7%c
45c
500
common
Preferred
Jan
Jan
National
Hosiery
National
Harding Carpets
70
25
1,000
10c
4.40
ZZZ*:
ZZZZZ*
Hard Rock Gold Mines.
•
common
Preferred
3,830
15%
1
.
18%
19C
1
Bridge
•
40c
_
Alabastine.
Mines
172
45c
19%
_1
Jan
9% Mar
7
42c
18%
*
& Inv
—
58c
-jqi
7%c
&
Hamilton
For
Jan
24 %c
Kayrand Mining
National
Gwlllim
Jan
8c
3%c May
24,000
-
1
ZZZZl
Gold
10%
35
ZZ
*
Guayana Mines
Gulf
10%
ZZ*
!
preferred
West
Gunnar
Feb
36
29
51 Vac
Mines.
Montreal Locomotive
Great
Jan
July
:
Goodfish
Great
7%c
18
Jollet Quebec
110% May
Jun
16 Va Mar
Feb
6.40
5c
.
25% July
v..V
Massey-Harris
48c
*
._
Jan
47%
Jan
2%c
«
Lake
Goldale
7.00
ZZZZl
57
46
2%C
i
Glenora Gold
Feb
Apr
34c
Class B
30%
Z_ZZ*
32c
38c
4.50 Jan
14%
*
Mfg
••
Jun
Zl
Bakeries
Products
38,250
35c
Jan
77c
*
.
common
General
39c
3.50
4c
Jan
17
4IV2C Aug
31
'____
preferred
General
42c
Jun
18 %c July
2,700
3.75
13 Va July
Jun
32,361
7%c
ShopsZIZZ
Exploration
Power
22c
5 %C
0
Fleet Manufacturing
5%%
19C
7 Va c
0
Famous
Gatineau
20c
:
___.
Macho
15%
36c 41 %c
1
Corp
A
Apr
4%
21 %c
class
Jan
38c
2.70
i
Gold
I
10%c Jan
7%
15%
El Pen-Rey Mines
Federal Kirkldnd
Feb
1.83 May
68c
._
common
16c
31c
.
I
Grain
65 %c
30,700
41c
Falconbridge Nickel
Players
Fanny Fanner Candy
dun
Jan
5%
—
Machine
'
13 Va
4%
0
___
'■■■■■•
21c
2.55
Mines_____
Feb
Jan
7%
International Uranium
Lamaque
11%
9
Motor
1
11%
—
9%
12 Va
8
Feb
<
11%
■%'
Aug
8.75 May
Jan
27
11%
•
100
Lake
21
%
Aug
Feb
22 Va
425
9%
Aug
8
16%
:
0
•
Gold
Frobisher
9%
9%
16%
27%
Mines
Ford
Aug
26% Aug
24
0
Eddy Paper class A—_
Federal
20 %
Feb
24
c24
0
:r-"\
Eureka
Jan
15 %
24 Va
-
6%c
!.
Sol
Jan
31
__
Oil
Ea.y Washing
El
Jan
18 Va
59C
Steel
Eldona
32c
Jun
145
0
_■___
Mines Ltd
Sullivan
Eider
Jun
14%
1
Leduc
Eastern
May
20c
3,605
East Malartic Mines
East
27c
25
8
Amphi
Crest
6,000
26%
-25
25
I
Mar
45,900
20%
1.50
pfd___23.50
common
Jan
46c
31c
8
0
class
15c
40c
26
Duvay Gold Mines
East
Jun
5c
19%
--1
1.76 Aug
Jan
1 20
Feb
33c
18%
i
International
Kirkland
Jun
10c
Jan
28c
38c
—
—
9%
6% Aug
1,500
Jan
lie
Jan
19%
Mines
East
43c
26%
*
8teel____
Coal
Woollens
East
Jun
18%
0
0
•
Dominion Textile
Gold
Jan
•
&
Tar
Dominion
15c
16c
2,800
7c
Feb
0
common
Magnesium
Dominion
1.76
14c
5%c Jun
.
65c
,
115% Mar
Jun
__io
10
Ltd
Dominion Stores
Dulama
14,800
200
Mar
22%
Co
Inspiration Mining
Jacknife
Aug
7c
1,000
July
6c
Feb
6
Jan
115
50c
62,800
7
Petroleum
18%c Jan
8%c
1,000
&
International
Jun
15 Va
Jun
5%
1,000
11c
13%c J>n
3,020
4%
(John)
Jun
Aug
10c
7c
—
May
25 %
Lake
Nickel
8%c
11 %c 11 %c
Indian
International
1,000
31c
6c
14
2
Jan
9c
40c
Jan
3,600
55c
___£
preferred
1.45
10
18c
Preferred
i'/c
Preferred
76c
.
18%
Jan
lJ'/8
8c
29%
Imperial-, Oil
Jan
115
6c
9c
2%c
1
152 Va
Jun
Jan
...1
l
Dominion Bank
Steel
17%C Feb
July
May
7c
Jun
8
47%
Bank
Ingiis
30c
1.76
6c
10 %
Industrial Accept common
65c
6%
Imperial
Jun
Feb
18c
Hudson Bay Mining 8c Smelting.
Hugh Malartic
Jan
Jun
1.60
Jan
1.000
17c
65c
16c
11 %c
83c
35c
Mines—.
Gold
123
280
6%
Hosco
12c
40c
l
Dominion
Aug
65c
5,200
—
Jun
9.80
10%
Apr
3,000
.
Dominion
.Feb
10% Aug
56c
1
Foundry &
38c
Jun
81
;
3
C'onsol
Imperial Tobacco of Canada ordinary.
53c
-1
Dominion
Jun
22c 22 %c
0
*
■___;
_
Dairies
1.60
115
0
Dominion
Feb
56c
*
Feb
Jan
35c
IOC
class A.
Mfg
148 Va Mar
150
7%c
Holden
Jun
•5c
7,840
.
8c
10 %c
42c
3,500
;
10c
55c
Highridge Mining
5%c Jun
37
—
10c
July
10,100
7c
8C
40c
2,105
150
__
B
7%
500
1.12
July
5c
1,500 r
1.15 July
Jun
9%c May
16,000
7c
7c
July
85c
132,294
3,953
60c
7c
150%
00
100
Yellowknife
Mines
*
1
65c
55c
be
Jan
Apr
22c
Ltd
Red
55c
65c
60c
l
Distillers Seagrams
Don aid a
2
*
Lake
Discovery
10%
0
______
class
Oils
Red
Dome
10%
125
15c
Petroleum
Dexter
19,700
Patricia
Delnite Mines
Detta
15c
0
__
________
Leather
Decalta
13 VaC
____.
__
D'Arngon Mines
Davis
3,600
14c
14%
30c
1.35 Aug
100
1.14
..
__
Trust
1.35
10%
High
6c
'
52c
Gold
Heva Gold Mines..
Howey Gold
Jan
4c
6,500
0
—
Crown
17c
.5
_5
Exploration
Mines
11
1,000
100
LOO
Imperial Mllls_________.
Mining
Bit common
May
1,085
26c
7c
Cosmos
2.81 Aug
13% May
12%
1.01
__.
Consolidated Mining & Smelting
Consumers Gas
uaa
May
2.u0
Heath
facllmger
13
13%
1.35
0
_
1.75 Mar
5%c Jan
26c
1.10
1
Mines
July
1,25
85
4c
48c
52c
1.000
6%c
6c
Gold
Low
6c,
6c
Highland-Bell
Feb
2.85
2%c Jun
11%
—
,_0
—
"
Gold
Range Since January 1
High
6c
18%c Jan
May
10c
2,000
18C
Jan
10
Jun
2.18
2,200
._1
Bakeries
Pershing
3,000
10,800
16,500
13,125
12%
0
Consolidated Homestead Oil
Croinor
6c
1.50
5
__.
Mines
Crestaurum
May
Hasaga
Shares
Low'
Gold
Harricana
for Week
of Prices
Jan
2.45
4c
Consolidated
Craig
Mar
13%
*
Cournor
98c
10c
2%C
*
Consolidated Astoria
Conwest
May
4c
1.40
...1
1
Mines
Consolidated
4lc
2%C
Colomac Yellowknife
Coniagas
4,300
50c
2.78
—
Coniaurum
49c
15c
u
Plow
Lake
July
1.45
Willans
CCCKShUtt
8
2%c
Malartic
Cochrane
Coin
95
:
8
2.25
15c
Chimo Gold
Cochenour
Jun
8%
5%c
—
2.45
Chesterville Mines
Chromium
3%cJuly
500
Harker
Sales
Range
Par
32c July
13V2c Jan
11
Jan
Jun
14c
33,100
5Vac
8
—
Chesklrk Mines
Low
Week's
Last
Sale Frice
January 1
High
70
•
Wines
Range Since
High
——•
Research
Cltralam
Shares
22c 27%C
23c
—1
—-1
Porcupine
Friday
for Week
Low
Par
AUGUST 5
STOCKS—
Range
of Frlces
Last
Sato Price
WEEK ENDED
Sales
Week's
Friday
STOCKS—
MARKETS
LISTED
CANADIAN
Monday, August 8, 1949
Petroleum
National
Steel
Negus Mines
class
Car
B
I
*
16%
16%
16%
155
.25c
35c
33c
35c
54,500
18
18
18 %
285
2.45
2.30
2.50
29,200
27%
Apr
15% Mar
28 %
17
Jan
Jan
May
27c
Jun
47c
Jan
16%
Jun
23%
Jan
1.95 May
2.63
Apr
1
.«
Volume 170
Number 4827
THE
COMMERCIAL &
CANADIAN
RANGE
Friday
STOCKS—
Week's
Last
Range
Par
Neilson
New
iWm)
preferred
Alger
New
Calumet
Marion
Pacalta
Rouyn
New
1.27
1.25
1.32
22,750
84c
Jun
30c
20c
30c
9,500
2Cc
Aug
61c
4,300
7'Ac
8 %c
5,500
5c
3c
Jun
18c
Jan
7c
14c
7c
1,550
11c
Jan
11c 13'Ac
15,075
9c' Jun
26c
Jan
.
4c
64c
1
97c
2.54
3,000
Pandora
5c
15,500
9%
Simpson's Ltd class
Class
Slatien
6
May
10
July
1.42
Jun
500
17 %c
Jun
1.35
1.40
2,500
23c
22c
23c
20,000
12c
vJun
24c
July
4c
3%c
4c
2,000
3c
Jun
6c
Jan
3c
3'Ac
4,500
6
430
9%c
5,600
5'A
Jun
1.95
5
8'Ac
r:.
of
1.11
Feb
Jan
Mar
2.60
3c
Jun
3'/a
Jun
6c
Jun
20c
I,750
5c
May
Feb
9c
1.06
601,800
45c
13c
May
1.06
22,000
7c
Jun
9%c
13c
5'/2c
5'Ac
7,260
5c
7,165
2.02
2.38
2.45
44 'A
43%
44»/4
445
1.35
1.25
1.36
19,790
July
36'A
Feb
Jan
May
5'A
2,400
4c
Apr
16c
19c
76,500
9c
Jun
23c
500
2'Ac July
2c
1,000
lc
38c
19,100
30c
Tip
Top
Jun
18c
Jan
Traders
9c
Jan
3.05
1.40
Apr
8c
Apr
Feb
Jun
8c
Jan
Jan
Upper
72c
75c
69c 74'A C
14
14'A
3c
May
Jan
8C
44c
Jan
42%
Jan
5,700
65c
Jun
1.02
Jan
5,300
57c
Jun
90c
Jan
Jun
12%
Jan
1.30 May
1.73
Apr
11
25
1.75
21,125
70c
70c
•v7
7
7
1,000
50
21'Ac 25%c
13,500
17c
Jun
9%
43'Ac Mar
6 'A
May
83c
9'A
Jan
class
65c
4,400
46c
Jun
56c
6,205
40c
May
62c
11
May
17
14%
16 %
16,705
1.05
1.12
3,700
2.40
2.40
100
5c
4'Ac
6c
11,000
2.25
2.25
300
5c
5c
1,000
11'Ac 12 >/4c
10,000
.
Mines
——
Reno Gold —
73c
Long Lac
Gold
12 %c
8c
_
Co.
24 %c
10
Royalite Oil
251/4
6.45
—
1
Russell
•
16 %
49
18%
Industries
1
common
18C
Lawrence
Corp 1st pfd—
2nd preferred L
i
1.04
Jan
70c
1.45
3c
1.99
Apr
San
Antonio
1st preferred
Gold
1
Jun
3.75
River
Sannorm
Scythes
Gold
&
Co
July
2.50
A
5c
Aug
8c
Rouyn Ltd
Shawinigan Water & Power
__
9c
Mar
class A
Sheep Creek Gold
Bherritt
Sick's
Gordon
Breweries
21c
May
11'Ac
Jun
1.90
Jan
Jan
1.73
Aug
1.73
12,075
1.27
166'A
21c
24c
3.30
3.60
24,783
2.54
10'/8c
13C
20,300
8%c
17%
18c
2,000
Jan
July
Feb
36c
Jan
Feb
3.60 Aug
Jan
22c
95
Aug
17%
22
Feb
69c
Jan
60c
65c
9,142
50c
May
1.00
<
1.04
0,100
69 c
Jun
166'A 166%
May
10
1.35 May
156% Mar
168
Jun
100
103
Mar
100
5
9c
9c
2,000
7c
Jun
10c
Feb
32c
35c
5,500
29c
May
47C
May
20
Mar
18
135
July
17
Jun
20
18%
20
205
65c
61c
66c
10,300
55c
Feb
30c
25c
30c
1,400
25c
Jun
12%
Jun
17%
20
Jan
90c
Apr
65c
May
123/4
,
Aug
12%
7,170
10c
12c
7,165
8'Ac May
14c
Jan
—.A.
20
20
100
18% July
24 J/8
Jan
11'A
50
50
50%
8%
20
1.70
2.03
7,650
5%
6
525
1.46
1.31
1.50
6,300
5.20
4.65
5.25
1,356
7c
500
2.00
--
■
»
___
Jan
__
47
Jun
1.22
.
Jun
V 52
Jun
5%
Feb
2.94
1.10 May
4.00 Jun
Jan
,7%
v.,
Jan
1.82
•
Jan
6.40
Jan
v
7c
*
.1
Si W)
(G
—
7c
9.25
*
1",
„
_
9.10
9.40
4.145
6.50
15%
Feb
28%
29%
2,745
23%
Jun
29%
Aug
2,500
7c
Jun
13'Ac
Jan
39%
39%
50
35%
Feb
40
•31%
31%
100
29%
Jun
>r 35
22%
22%
60
21
97%
97%
10
90%
9%c 10'Ac
17,700
7C
May
37c
Jan
3,500
5c
May
11'Ac
Jan
—
__
«
_
■l"
1
•
common
Preferred
__
10c
5 %c
5'Ac
7c
Mar
•
956
27
98
10
97
May
2.25
2.54
11,875
34
34
33%
1
Mines
-
1
45c
41c
46c
30,850
18c
121.020
61c
Apr
Julv
2.54 Aug
Jan
1.05
Jan
37%
100
2.00 May
91c
1.05
Feb
Apr
100%
Feb
98
2.52
May
25
Jun
98
..
Mines '
Bear
May
9'Ac Mar
97'A
A.
common
Electric
/Jun.
31%
A.
class
6c
9'Ac 10%c
29
10%C
_
«
_
Ymir
Yankee
Knitting class B
Jun
48c
May
1.05 Aug
Girl
'
3c
*
Toronto Stock
2c
2'A
4c
2c
3,835
2%
2%
400
1%
Aug
6c
Feb
3
V
Jun
Mar
Exchange-Ourb Section
Canadian
Funds
Friday
18'Ac May
STOCKS—
Week's
Jun
13c
50c
for Week
Shares
Mar
Range Since January 1
Apr
Aug
Sales
Range
of Prices
Last
Sale Price
6c
25
6.40
25'A
6.50
735
24%
Jun
2,290
5.85
Feb
7.10 May
17'Ac 18 %c
Par
26'Ac May
26
Apr
Brown
National
Co
*
Gold
8,600
9c
Feb
12,000
3c
Jun
10c
16'A
165
143/4
Jun
18%
Jan
Canadian
18%
18%
100
17%
Jun
22
Jan
Canadian
11
300
93/4
Jun
14
86
Jan
4'A
100
2%
2
2%
2,050
100
74
72'A
74
110
5
„
13
„
13
300
„
High
7'A
2
May
70% Jun
Jan
4
Jan
103
4'A Aug
Feb
12% July
16'A
Jun
19
22%
Jan
Jan
71 'A July
Low
High
4'A
Jan
16'A
Low
—
1
common
Preferred
6c
72
100
4.35
4.60
16,880
5c
5c
5c
1,000
8c
9c
37,100
15%
15 %
50
Canada and Dominion Sugar
Industries
Vickers
•
*
common
3.50
Jun
Canadian
Western
1
common
*
Lumber
.—•
Westinghouse
•
38c 43'Ac
35,400
3'Ac July
7c
Mar
15% Aug
6c
Apr
17c
May
16%
•
Dalhousie Oil
Dominion
275
155
20
20
1.70
100
72
73
150
.3'/a
3 '/a
950
54
54
15
—
3'/a
20'A
1.70
—
1.70
—
15
14'A
29c
29c
*
35%
35'A
*
:
Feb
19'A
22
Jun
1.15
July
60
2.00
Jun
Jan
May
4
3% May
49
Jan
85
Apr
July
54
Jun
21%
15
1,193
30c
8,625
35%
120
13'A
18'A
Jun
Apr
26c
Jun
45c
Jan
31%
Jan
37%
Apr
Jan
23
47
47
140
46
•
12%
12%
12'/a
150
11% Mar
50c
1.23
1.21
1.23
700
2.40
2.15
2.46
127,017
,0 1.25 Jun
Oreille
•
17'A
17
140
153/4 Mar
18% May
Price
Bros
17
16%
125
153/4
18
Eupertest Sh Warr ord
Temiskaming Mining
30c
Jun
49c
Jan
International Paper
22 3/4
Jun
25
Apr
International Utilities
48
21% July
21%
23
125
31%
Jan
53
52
53'A
1,325
43'A
Jun
58
Jan
15%
Steel
23
331
20%
*
Bridge
42c
22'/a
20'A
4.60 Aug
"
50
Brewing
Mar
5c
1.60
24c
1
Wright-Hargreaves
Yellorex
16c
1.27
3.CO
•
Wingalt Gold
15%
15%
100
13%
Jun
15% Aug
13'A
1,120
Jan
May
Minnesota
Winnipeg
3,500
12c
preferred
1
Preferred
Shea's
21c
1.83 July
■
1
com
Jun
1,000
•
Pend
.
1.26
17%
Wiltsey-Coghlan
Hayes
Senator
Jan
17,400
G,2G0
«
Jan
23c
9c
*
8'Ac
21c
_
_
Apr
700
1
common
Jun
1.72
■»
(George)
Jan
7,900
1
Mines
3'Ac
100
Consolidated Paper
Sand
2,000
6c
_
Consol
Feb
8c
May
8c
72
4.60
Feb
5c
1.73
1.72
.
Grocers
11
99
Apr
86
6c
___
(Hiram)
Canadian
St Lawrence Paper
85
1.J 8 May
23C 24%C
5c
1
July
Mar
78% Mar
13%
9C
Canadian Marconi
St
100
Products
Bulolo
Roybar Chibougamau
Rupununi Mines
15
78
10
5c
__
Mines
Western
Andian
•Royal Bank
Feb
40
Jan
16
Reeves MacDonald
100
1.55
__
Jan
1.10
Regcourt
-
-
__
Resources
York
Queenston Gold
15
Jan
60c
Apr
Apr
83
6c
65c
Ltd
Yellowknife
67c
Feb
80c
35c
Amulet
Weston
Jun
1.66
1.01
Hill
Mines
50c
83%
July
47c
65c
Vicour
Winnipeg
11
1.58
23,300
1.72
—
Jan
16%
11
74c
15
•
Preferred
70c
67C
July
9%
83
1
Jan
Jun
Jun
1.66
24 %C
89c
30c
12% Jun
22
Feb
15a/4c Mar
33'A
200
Jun
7%
7
17%
Westeel
320
11
18%
50
83%
.
class A
Canada
Waite
3,500
Jan
225
8
■
15
>
Walker
Apr
440
22
8
Jan
Jan
•
*
.
..
Keno
Wekusko
Jun
7c
3,500
11
21'A
»
Steel
Jan
55c
,4v
47c
'
*
United Fuel
Jan
12,500
54c
1
cla;s
United
3.65
38
July
«
Mining
2.34
35c
41c
45c
10'A
47c
10'A
_1
Gas
Jun
4'Ac
July
23c
_1
_
United Corp
1.71
'
_
Union
2.00 Mar
34c
Aug
20
July
21c
-
Transvision-Television
3,250
3'Ac
52c
Mar
10c
—
__1__.
B
3,825
37%
Feb
17
8,500
1.70
3%c May
42'Ac
24c
50
14c
Jan
24'AC
Jan
Jan
52c
*
-•
Jan
99'A
44c
19 %
Jan
45'A May
26%
Jun
Jun
18 %c
19%
—25
_
_
Finance
Class
Jun
21%
93
Jan
13'Ac
Petroleums
3.50
4c
Mining
30,100
195
Feb
30
.«
45'Ac
May
2.15
74c
_
Mortgage
Towagmac Exploration
3.20
38
Quesabe Mines Ltd
3,625
Toronto
2.05
35c
i
215
26c
Torbrit Sliver Mines
2,100
Airways
Quebec Manitou
94%
•
common
Tailors
II,700
i
...
22%
94
74c
Mines
Gold
65c
1
Labrador
22'A
—
River
2.15
1
Jun
14c
*
..
Tech-Hughes Gold Mines
Thompson-Lundmark Gold Mines.
9'Ac
1
....
Sylvanite Gold Mines
United
3%c
/
_
__
Cons
8c
1
Canada
Union
96c
5%
Mines.
Purity Flour Mills common—/—i
24%
*
Transcontinental
2.38
Dome
350
_
Tower
7%c
Metals
East
24%
Jan
6% Mar
85c
•
Preston
24'A
Jan
13%
*
A
Toronto General Trusts
•
Pressed
7%
ADr
6%c
6%c
ceitif.cates
S'A
Apr
Gold
Steeloy Mining
Steep Rock Iron Mines
3.50
trust
Apr
5%
*
_
Bros
8'Ac
Corp
8%
25
51'Ac
♦
—
1.01
common
200
*
_
Preferred
Toburn
18c
Mines
5% July
53c
"
6
23c
1
Apr
May
48 %c Mar
8%
94'A
»
Olsen
Co
Jun
'6
*
__
Sullivan
23,000
■■
1
Co
Preferred
Steel
32c
"•
Brazeau
btarract
15
8%
1
Malartic
South
65c
Apr
22'A
__100
.
Jun
11%
24'A
•
GOid
Ventures
Gold
'
High
310
--
•
Preferred
64c
Powell Rouyn
32,500
Sturgeon River Gold
20c
37c
uuid.
A
B
Feb
1.37
Consol
Reer
36c
;
Apr
7'A
1.75
2c
Oils
Feb
20c
3%c
Gold
34c
8%
'• •
A
Sudbury Contact
2%
100
40c
7'Ac
Porcupine
class
Feb
60c
1.64
"
Mines
Peninsular
Roxana
19c
July
July
Jan
20c
•
River
Rochette
Jan,
3,500
•
Ltd
Oil
Porcupine
Roche
Jan
12c
500
l
Porcupine
Renabie
13'Ac
5'A
Jj
Pioneer Gold
Quemont
3.75
Jun
5'A
Gold
Quebec
Jun
4c
21c
Malartic
Prospectors
1.70
3'Ac May
45c
•
Mines
25
Jan
2,000
1
Cadillac
Voting
Aug
20c
7
50c
9%
__1
Tubes
Dairies
Stanley Brock class
1
x
Porcupine
Power
Jan
Jan
1
Petroleum
Crow
1.15
58%
1
Mines
15
B
Standard Paving common..
Jun
4c
c
—-
Mines
15
36c
Apr
Jun
20c
21c
;
6,800
Mines
Stadacona
48'A
50c
•
Lake
Pamour
Class
Taku
(Eastern)
Piccadilly
1.03
Low
40c
15
Jan
90c
10,481
1
Paymaster
8c
May
47c
12,000
5c
_*
Pacific
Silverwood
.Range Since Jannary 1
High
39c
common
Miller
Stedman
5%c
%
May
1.75
Gold
Partanen
4c
179,900
5c
*
Crush
Powell
9 'Ac
2.43
4
Omnitrans Exploration
Pickle
4,545
4%c
1
Perron
550
58
—
*
Paramaque
97c
7c
2.46
Mines.
Western
43,900
5%c
Mines
Hershey
69c
8,500
56%
8c
1
-5
5c
G4c
58
1
Mines
Pacific
Ltd
Southam
12c
Shares
Low
Jan
6%c
May
5'Ac July
•
Pan
Jan
20,325
•
Cgama-Rockland
Page
23c
7c
Preferred
OsuJake
Jun
21,500
-1
Gold
Silknit
Siscoe
Malartic
Lake
Feb
5c
Merger
Red
May
75c
12c
*
Osisko
Jan
May
4c
1
Orlac
2.35
31c
for Week
40c
Jan
9c
11c
*
Orange
Feb
15c
•
Sales
Range
of Prices
Par
Feb
12c
Gold
Orenacia
High
104
Week's
Last
Sale Trice
4%C
Oils—.
n
O'Brien
July
47c
8%c
...
59c
—
Northland
Jun
3c
Mines
Norpick
6'Ac
9,900
•
Norseman
Mar
4%C
~
Noranda
13,000
100
3%C
Yellowknife
Norbenite
8%c
Low
15
—1
Thurbois
Nib
High
—1
Gold
5
Friday
4c
Nor zone
New
MARKETS
AUGUST
STOCKS—
60c
New
New
8c
(527)
Range Since January 1
—1
Mines
Jason
New
ENDED
Silver
Goldvue
New
Shares
102V4 102 %
8%c.
Bidlamaque
New
New
102 %
WEEK
for Week
Low
.100
:
LISTED
FOR
CHRONICLE
Sales
of Prices
Sale Price
FINANCIAL
1.01
Jun
12'A May
1.60 Jan
2.59
common
& Ontario Faper
Niagara Wire Weaving
Ogilvie Flour
:
•
*
♦
;
13'A
„
*
21%
1
common
5.00
13
25
25
30
21 %
213/4
110
;
12'A
20
22'A
Jun
25
July
26'A
20'A Mar
Jan
Aug
Jan
Jan
5.00
5.00
950
6.70
3.35 May
Jan
r
common
Voting trust certificates
Sigma Mines (Quebec)
For footnotes see page 44.
1
8.20
17
450
Feb
7.00 May
May
8.25 Aug
——
"
—
*
42
1
—
50'A
50%
25
45'A
Jun
55
42
7c
-42
8'Ac
10
42
Aug
47%
Jun
8'Ac Aug
3,500
6c
Mar
Feb
43
44
THE
(528)
COMMERCIAL
&
Monday, August 8, 1949
CHRONICLE
FINANCIAL
OVER-THE-COUNTER SECURITIES
Quotation
for
Friday,
August
5
Obligations Of Government Agencies
Investing Companies
Mutual Funds—
Aeronautical Securities
Affiliated Fund
Amerex
1
3.69
x3.02
series
6.72
13,68
Beneficial Corp
Blair Holdings Corp
8%
7.26
14.87
4%
5%
1%
8
1
90.74
19.43
2Va
94.52
21.01
10c
7.80
3.02
3.33
3.36
3.71
l%s Jan.
3.47
shares—lc
3.08
3.40
3.25
2.96
14.94
Bullock Fund Ltd
5
1
16.38
16.15
17.95
Century Shares Trust
1
32.08
Chemical Fund
1
13.22
14.30
3,350
Christiana
Preferred
Securities com—100 3,200
—
.100
133
Investment
Commonwealth
1
1
138
Steel
lc
shares
3.32
Manhattan Bond
Ctfs
Investors
Mass
6.91
Inc.l
11.16
12.06
1
13.47
14.72
Fund
2nd
13.14
Investors
National
Security
1.52
Financial Industrial Fund
24.76
26.49
Speculative Series
16.52
19.66
Stock Series..
3.65
3.83
Industrial Stock Series
23.40
25.30
Inc.l
10
1
Corp
First Mutual Trust Fund
26%
1
6.24
6.06
2.69
1952-1950
1, 1953-1951
Ask
1C0 7
118
119%
2%s
1,
Panama Canal 3s
-1961
Feb.
99.28
99.20
1,
10X6
i:0.14
102.16
1955-1953
102.24
U. S. Certificates of Indebtedness
4.33
5.22
Int. Rate
Treasury Notes— '
lAprtl 1, 1950
Bid
Price
Ask
of
U%s Feb.
.2279
Ask
Bid
MaturityCertificates
.1%% 100.2020
indebt
1.
(cont)
—
.1175
100.0980
1950
100.1140
.1365
tiy4s Apr.
1,
1950
100.1319
.1577
.0428
tl'As June 1,
1950
100.1431
.1755
.1278
U%s
100.1584
.1941
Bid
Ask
tl%s Oct. l, 1949
11 %s Dec. 15, 1949.
100.0923
11%S Jan.
100.0805
5.70
1950
tl%s Mar. 1,
Certificates of Indebtedness—
100.0293
'
July
1,
1950
4.73
1
Dollar
Maturity-
2.94
1
1950-
1,
.0966
4.36
Federal Intermediate Credit Bank Debentures
3.51
3.21
3.12
3 41
14.01
15.02
Rate
New
York Stocks
1
Inc—
Ask
Bid
Ask
12-
1-48
9-
1-49
bl.25
1.10%
1.55%
4-
1-49
1-
3-50
bl.30
1.20%
1.45%
England Fund
Bid
1.60%
New
5.34
4.80
Franklin Custodian Funds Inc—
l%s May
l%s Jan.
6.62
3.99
1
Series
7.13
5.71
1
Stock
Series
6.52
1
Series
Priced Bond
Selected Group Series
1
Low Priced Com Stock Series 1
1.90
1.73
24%
8.91
1
series
Bond
8.24
Series—
5.86
14.17
Low
14.10
1
Corp
20c
5
Equity Fund Inc
Fidelity Fund Inc
100.7
26.97
Fund
Balanced
Income
Stock Fund
100.5
7.57
24.95
Nation-Wide Securities—
National
Howard-
Balanced Fund
First Boston
Inc_ 10c
Mutual Invest Fund Inc
Preferred
Eaton &
Bid
100.3
1, 1950-1949
20, 1950
3.88
Interest—I
Fund
beneficial
of
1.39
5.39
,
l%s Oct.
Investors Trust—
Mass
12.97
25o
100.3
4.54,
3.52
1C0.1
3.66
4.12
lc
shares
1949
Other Issuet
3.83
lc
shares
Paper
1
1
Delaware Fund
Dividend Shares
point
a
Land Bank Bonds—
Federal
Ask
Bid
3.27
Industries
34.49
Bowling Green Fund Inc
broad Street Invest Corp
Banks—
3.59
shares
Petroleum
7.81
Bond Inv Tr of America
Boston Fund inc
Loan
lc
General
1
5
—1
1
*
Home
Home Furnishings shares—_lc
Non-Ferrous Metals
lc
3.97
2
A
Fund Inc
Axe-Houghton Fund B
Axe-Houghton
Federal
Business Equipment shares, lc
Electrical Equipment shares_lc
31%
1
Figures after decimal point represent one or more 32nds of
Ask
Bid
l%s Sept. 15,
Automobile
4.04
29%
Par
Managed Funds—
Oilstocks
Associated Standard
Shares
5.07
4,62
10
Shares
Business
Mutual Funds—
Ask
1%
Inc—
Holding Corp
American
Bid
Par
.
6-
Dated
1-49
9-
1-49
bl.25
1.10%
1.50%
7-
1-49
1-
3-50
bl.30
1.20%
Due
Rate
Dated
Due
5.84
Agriculture
1
9.85
1.60%
1-
3-49
10-
3-49
bl.25
1.15%
1.55%
5-
2-49
2-
1-50
bl.35
1.25%
4.59
5.01
Automobile
——1
X5.57
6.10
1.55%
2-
1-49
11-
1-49
bL30
1.15%
1.55%
6-
1-49
3-
1-50
bl.35
2
Fundamental Trust shares A—2
13.18
14.44
1
X6.28
6.88
1.50%
4-
1-49
11-
1-49
bl.30
1.15%
1.55%
7-
1-49
4-
3-50
bl.35
1.25%
1 25%
5.66
6.53
—1
X9.84
10.78
1.55 %
3-
1-49
12-
1-49
bl.30
1.15%
1.35%
bl.35
1.25%
General
1
1
46.04
49.51
—1
X7.43
8.14
1.50%
5-
2-49
12-
1-49
bl.30
1.15%
4.58
4.91
Chemical
1
X9.74
10.67
6.28
6.89
Diversified
1
1
11.36
lc
Corporate bond series
Industry
X10.65
Agricultural shares
X3.61
3.96
Automobile
lc
5.35
5.87
Diversified Investment Fund.l
10.06
11.02
5.64
Diversified
X9.33
10.22
5.33
series
stock
Preferred
Common stock series
Fundamental Investors Inc
General
Capital Corp
Trust
Investors
'
Aviation
Bank stock
Building supply—
Group Securities—
shares
X8.99
lc
5.14
Building shares
lc
6.71
7.36
preferred stock—I
Electrical equipment
1
X6.75
7.40
Chemical
lc
5.75
6.31
Insurance
1
X10.97
12.02
Electrical Equipment shares lc
Food shares
lc
8.25
9.04
1
X9.23
10.12
4.37
4.80
Machinery
Merchandising
1
X9.74
10.67
6.78
7.44
Metals
1
X7.68
8.42
Aviation
shares
shares——
Fully Administered shares—lc
General bond shares
lc
Industrial Machinery shares lc
Institutional bond shares—lc
stock
8-
5-
1-49
1-50
United States Treasury Bills
■
11,
Aug.
1949
Bid
Ask
0.85%
Sent.
—
Ask
Bid
,
bl.03
Aug. 18, 1949
29.
1949
bl.03
0.95%
bl.03
0.95 %
1
X14.92
16.35
bl.03
0.90%
Oct.
6,
6.34
6.95
Pacific Coast Invest Fund
1
X10.10
11.07
Aug. 25,
1949
bl.03
0.90%
Oct.
13,
1949
bl.03
8.88
9.32
Public
1
X6.91
7.51
Sept.
1,
1949
bl.03
0.93%
Oct. 20.
1949
bl.03
0.97%>
7.48
8.20
1
X4.42
4.84
SeDt.
8.
1949
bl.03
0.93%
Oct.
bl.03
0.97%
lc
5.13
5.63
Railroad
1
X5.77
6.32
Sept.
15,
1949
bl.03
0.93%
Nov.
bl.04
0.98%
lc
lc
lc
7.23
7.93
Steel
1
X7.16
7.85
Sept.
22,
1949
bl.03
0.95%
5.09
5.59
Tobacco
1
XlO.43
11.43
Railroad Bond shares-
lc
2.31
2.55
Petroleum
RR
lc
3.32
3.65
Putnam
lc
3.81
4.19
Republic
lc
4.23
4.65
Russell
lc
4.40
4.83
Scudder, Stevens & Clark
lc
5.51
6.04
1
10c
4.21
4.55
Selected Amer Shares
1.63
1.77
Shareholders Trust of Boston.. 1
5
19.60
21.19
Investing Company shares—lc
shares
Priced
Low
shares—
Merchandising
Mining
shares
shares
Petroleum
.
Equipment shares
Railroad
stock shares
Steel shares
Tobacco
shares
Utility shares
Howe Plan Fund Inc
Income Foundation Fund
Incorporated Investors
7.77
7.09
Oils
:
.
Utility
Railroad
& Trading
(Geo) Fund
Aviation
lc
Bank Group shares.
Insurance Group shares
lc
98c
lc
1
11.25
12.33
23.70
Investment
Co
America
of
Investment Trust of Boston—1
Investors Management Fund
1
7.50
81C
7jc
/
1.08
7.12
27.90
(new asset value).*
48.78
19%
20 %
5.98
85e
Corp.*
94c
45.50
10c
Investment
13.17
Television Fund Inc
Trusteed
Union
1
Industry Shares
Bond Fund
series
48,50
9.38
8.61
63c
25c
1
Series B
1
17.40
Series C
1
5.78
1
70c
20.68
18.12
A
Union Preferred Stock Fund
Union Common Stock Fund
1
1
.
18.52
6.70
22.45
24.49
9.39
9.58
16.66
Wall Street Investing Corp
Wellington Fund
1
15.27
1
17.05
18.61
8.94
9.76
Whitehall
1
15.60
16.77
14.57
15.90
19.13
26.14
28.52
S-2
(Income
Stocks)—1
13.49
14.72
S-3
(Appreciation
Stks).l
10.18
11.11
8-4 (Low Priced com Stks)__ 1
Knickerbocker Fund—
1
4.06
4.44
4.32
4.74
93.28
95.18
Fund
Inc
9.64
8.87
20.87
,
com
com
Loomis Sayles Mutual
Loomls Sayles Second
Fund
*
Fund..lO
45.51
46.44
of
Baim
Wisconsin Investment Co
3.69
3.41
1
Chase
Unit Type Trusts—
Trustee
2.50
North
Amer
6.65
7.70
1
2.16
2.44
Trust Shares—
Series 1955.
Federation
Bid
10
56%
Par
Home
Jersey Insurance of N
Aetna Life
10
591/2
61%
Agricultural
25
61%
30
American Alliance
10
23%
22,%
105%
American Automobile
4
44%
47%
American Casualty
American Equitable
5
12
13%
5
20%
13%
14%
15%
48
51
22
23%
26%
28%
28
20
20%
National
American Re-Insurance
lo
30
32
National Fire
American Surety
25
58
60%
National Union Fire
lo
43
Automobile
22
City Bank
45
,
& Shippers.
87%
63
65%
New York
-5
Fire
Conecticut
General
Life.
Continental Casualty
Crum & Forster Inc
27%
iq
53%
55%
5
33%
20%
21%
-10
98
-10
53%
34
36
102
2
33
35
42%
lo
15%
2.50
25%
27
5
12,50
Pacific
25
Indemnity Co
7
x96
101
109
61%
Phoenix
58%
62%
Preferred Accident
Fidelity & Deposit of Md__
-10
61%
65%
Fire Assn of Phila
Providence-Washington
-10
62
65
Fireman's Fund of Frlsco.
Reinsurance Corp
_10
82%
85%
Republic
Flremen's of Newark
.„5
16%
114
General Reinsurance Corp.
-10
27%
—5
48%
29%
50%
14%
15%
85%
Y)I
St Paul Fire & Marine
preferred
Great
American
—5
10%
11%
Surety
Security (New Haven)
Springfield Fire & Marine
-15
32
33
Standard
85
3V8
3%
lo
33%
33%
34%
:
Hartford Fire
Hartford Steamboller
-10
32
34
-10
129%
133%
-10
37%
39%
Accident
Travelers
U
Hanover Fire
66
52 %
Bank of Amer N T & S A. -12%
85
41%
43%
u
635
Recent
Security Issues
Stocks-—
Far
104%
103%
Caterpillar Tractor $4.50 pfd 100
Cen Ariz Lt & Pwr $2.50 pfd_50
101%
103
Central Hudson
S
U S
2
5%
10
29%
.1974
3s
2%s_..1979
Ask
;
;
Duke
Power
Pow
.1979
103%
103%.
.1979
2%s
&
Lt
2%s
103
104
•
4.75%
Conn
Kentucky <fe W Va Pow 3s..1979
3%s_..1978
Louisiana Pow & Lt
&
Pow
—100
$2.20 pfd
'
r
*■*
•
N
%
104%
105%
105
105%
Y
State
4%
Elec
pfd
v
Pacific
New
Elec
.1978
3s
&
Gas
Gas-—.
(series
12%
6
10
86
5 %
..
•
54%
105
100
pfd
100
.108%
—25
IOO
104%
106%
28%
red
1st
pfd
-
110
28%
"
106
105
i
4.70% pfd
105
i
104%
105%
103%
104%
Pub Seiv of Okla
Ohio
Power
Rochester Gas &
.1978
104%
105%
.1983
3s
Ser
(Colorado) 4.40%—100
103%
4.65%
pfd_100
108%
103%
,
1
109%
.105,
103%
Elec—
$4.75 -preferred
Pacific Gas & Elec 3s
San
Public Serv of Indiana 3s_. .1979
102%
103%
1007/B
101%
104
Diego
Gas
&
108%
20%
20%
100
Elec—
106%
20
series G
105%
106%
ilOO
-
104%
4% %
preferred
50%
Staten Island Edison—
4.90%
89
47%
10
34
10
45
34%
36%
Westchester
Lighting
3s
_.
.1979
preferred
47
10
loo
36
a
Odd lot sale
7.20
54
56
4
59%
62%
„10
73%
(not included in year's
range),
b Big yield price,
d Deferred delivery sales (not
year's range), e Ex-interest, f Flat price, k Admitted to listing on N. Y. Stock Ex¬
Admitted to trading N. Y. Curb,
r Cash sales (not included in year's range),
tEx-
Included
6.95
Fidelity & Guaranty Co—2
in
change.
n
77%
Westchester Fir©
104%
54%
Elec—
1979
North States Pow (Wise)
103%
1949)
&
.1978
England Power 3s—
New
*
102%
102%
Okla Gas & El 5%%
Narragansett
51%
Gas & Elec—
preferred
Lt
102
"
51
—
Fire
U S Guarantee
Ask
*Bld
104
Bid
Bell Telephone of Pa
Delaware Pow & Ltg
2
21%,, A 22%
liquidating dividend.
Issued,
•No
x
(Un)
Ex-dividend.
par
value,
Admitted to Unlisted Trading privileges. wdWhen delivered.
y-Ex-rights.
tin
default.
i
Francisco
7%
6%
605
Bonds—
35%
88
—5
Globs <fc Republic
Globe & Rutgers Fire com.
2nd
Seaboard
-15
Falls
12%
Bank
85
Tenn Gas Transmission 3s_. .1963
(N
(Texas)
34
40%
88%
5
17%
Glens
Co
32
54%
10
58%
-10
Casualty
20
Trust
—
5
Federal
Peerless
&
Potomac Edison
—
lo
34%
295
49%
Pub
32%
/,r
-
275
63
San
16%
River
Northeastern
-10
290
Bank- —20
41%
75
12
X V,
■
United States Natl
51'A
;
5
Employees Group Assoc
Employers Reinsurance
34%
■
National
/First
>44
38%
25
Michigan Cons Gas 3%s—.1967
Pacific Fire
32%
Detroit.
227
45
Northern
10
of
Portland
82
Bank & Trust_17%
100
Bank
56%
_10
;
Bank
1,330
35%
Fire
32
Peoples First National
29%
91%
North
Camden
8%
(Detroit)—10
Casualty
Hampshire Fire
.25
-10
Boston
r
7%
New Amsterdam
New
Bankers
26%
30
:
49'A
25
Trust
National
24%
16
v,
Kansas
Casualty
>
16%
100- 221
12%
39%
Inc
& Co
20
Farmers Deposit Natl Bank—100
Mellon Natl Bank & Trust
100
30
(J P)
Bank
City Bank
30
14%
18%
Assur
15%
31
27
49%
l
preferred
lo
$1.05 Convertible preferred
5
Massachusetts Bonding
5
Merchant Fire Assurance
5
Merchants & Mfrs_
4
American Fidelity & Casualty-5
American of Newark
—2%
National
109%
45%
Prior
$2.10
•
1,225
10
15%
100 1,290
25
42
Co
515
Ask
20
common
I
Industrial Bank of Commerce-10
Trust
495
Pittsburgh
275
Irving Trust
Kings County Trust
315
-100
Co
187
295
Detroit
92%
266
64%
Maryland Casualty
29%
78
180
-100
31%
10
Y
14
Trust
75 %
-100
Savings
34 y2
100
Manufacturers
Bid
5
America
Insur Co of North
32%
89%
100 1,165
United States Trust
58%
54%
10
Trust
&
Title Guarantee & Trust
Ask
81
Central
National
Bank
National
Sterling
lo
52'A
Trust- .33 y3
&
Bank
&
Cleveland
National
10
Bank
York
Ask
185
175
10%
16
50
—
Trust
Public Nat'l
Par
46%
&Trust_20
(White Plains, N Y)
Empire Trust
New
& Surety
44%
36
Co
Trust
Trust
Northern
;41%
Bank
National
Harris
Trust—
&
Lawyers Trust
Insurance Companies
First
•90
34
9%
3.43
I
87
39 >2
20
Bank
Corn Exchange Bank
County
Bid
—100
Illinois
National
41%
121 %
15
Trust
Co
2.14
1
;
Series 1956
321
391/4
116%
10
Bank
&
Guaranty Trust
Shares—
Series E
Continental
306
100
Bank
City Natl Bank & Trust
Commercial National Bank &
First
Independence Trust Shares
Par
24%
10
National
National
Aetna Insurance
100
Central Hanover Bank & Trust 20
Fiduciary
Diversified
23
•».
Avenue
Trust
Morgan
Attn* Casualty
York
New
01
& Fifth
Bankers
Companies
Ask
Chicago
Manhattan Co—10
the
Stamped
United
Bonds)
1
K-l (Income pfd stocks)
1
K-2 (Appreciation pfd Stks)_i
S-l (Quality common Stks)_l
Bank
Trust
28.28
Income Fund Shares
Bid
Vnrk
Continental
27.06
Priced
V»w
Chemical
1
B-4 (Speculative
Banks & Trust
Par
10.77
5.46
1
Invest Co Inc
Street
9.95
2%
Grade Bds)—1
Bonds)—1
B-2 (Medium
B-3 (Low
2.32
25.95
Brooklyn Trust
7.80
12.88
Keystone Custodian Funds—
B-l (Investment Bonds)
1949
0.95%
15.54
2.12
1
Berg Fund Inc
Sovereign Investors
25.76
lc
14.45
1
Fund
8.23
Group shares.
Stock and Bond Group
3,
1949
15
5
1
Investors
Fund Inc
State
Ltd—
Shares
27,
7.97
7.27
Standard
Institutional
equipment
—
1949
z
Ex-stock dividend.
tThese bonds
are
subject to all Federal taxes.
wiWhen
Volume
"
Number 4827
170
THE COMMERCIAL & FINANCIAL CHRONICLE
,
-
...
m
'
•
■
-
t
-v
......
,
-o.
•
■
■
-
•
>•
•
■
(529)
-
■
Week Ended
THE COURSE OF BANK CLEARINGS
1948
v':
Bank
r
clearings this week
will
Preliminary figures compiled by
show
based
us,
decrease
a
upon
compared
with
a
there
center
is
loss for the week ended
a
week in 1948.
Friday of 3.4%.
>':
Total
;f
};
~"
1949
1
f
V
■'<
1948
602,914,976
—12.6
783.000,000
817,000,000
—
4.2
Boston
381,580,015
413,272,958
—
7.7
241,183,090
257,350,039
—
6.3
250,200,000
258,400,000
—
3.2
San
City
Francisco
306,689,000
Pittsburgh
Ten
;■■'■''
;
,
I
Total all cities, five
1
All fltl'llj
295,430,677
281,100,342
—
202,114,077
(7
1.7
3.5
$12,053,895,520 $12,555,027,771
—
4.0
BfiV.KSQ.QSQ
S9K,504,900
$12,721,425,479 $13,380,622,061
~
.
,<
,
4,129,825
2,170,535
1,700,687
—25 6
4,033,755
3,531,364
+
7.6
7,149,005
6,580,583
+
43.3
5,901,239
5,524,884
3.5
807,656,876
781,069,076
6,653,614
—23.4
5,34
6,220,858
4,827,227
7.1
150,364,890
134,871,526
321,156,908
—15.5
275,588,035
242,296,624
45,121,800
—33.0
27,585,700
23,725,700
4,029,680
4,573,464
—11.9
3,647,008
6,344,509
6,690,749
5.2
5,377,458
5,481,339
293,495,159
284,343,473
3.2
253,680,345
259,388,124
761,665,097
Cities)
831,103,823
8.4
722,464,294
673,973,250
West
2,470,607
—16.9
Virginia—Huntington
162,5b~8,815
2,053,080
Virginia—Norfolk
10,445,000
—
.
.
v
•
'•
\
■
•
—
113,165,024
Carolina—Charleston
Maryland—Baltimore
2,749,993
•
_
Total
'
.
203,179,326
67,229,363
(6 cities)
2,803,142
207,227,303
Columbia—Washington
4.9
•
.
9,530,600
102,948,559
South
—19.1
District of
j
2,233,112
4,223,175
2.8
30,227,700
Richmond.
Total aU cities for week
2,643,466
4.0
+
—
+
3,382,210
Fifth Federal Reserve
District—Richmond-
8.2
'ffllfttifiy
25.6
+
—
+ 11.3
—
'
752,000,000
—17.4
—
—
776,000,000
903,432,221
5 0Q6Q15
Pennsylvania—Pittsburgh
2,412,881,130
'
3.9
758,000
150,941,880
271,529,254
Youngstown
$10,142,146,641
*«y«
2,630,018
+
—
1,081,717
District—Cleveland-
Mansfield
2,262,698,205
—
.
.
2,804,960
,267
7,653,958
Columbus
+36.4
224,894.125
\ ■
■
798,796
8.6
7,845 .708
871,683,570
Fourth Federal Reserve
—'^LL—$9,791,197,315
cities, five days.
Other citiesi five days
.
224,900,000
276,325,385
,
-"
:
915,948
4,305 .804
„
Ohio—Canton
Total
...
,
gftitimnrp -:
I'
3.4
—
244,131,595
_
filpvplftnri
3,204,279
8,438,301
Cleveland
St. Louis
795,319
2,264 ,149
~
Cincinnati
"Kansas
1,009,424
+
%
$6,789,663,572
527,079,500
1
f
19.1
4,686, 513
2,327,749
(11 cities)
Philadelphia
;
4,497,806
,-j
$6,556,114,605
Chicago
871,000, 000
2,513, 228
New Jersey—Trenton
New York
•
3,157,251
Delaware—Wilmington
Clearings—Returns by Telegraph
Week Ended Aug. 6
837[ooo!ooo
York
Our comparative
1946
$
—23.2
2,600, 741
Wilkes-Barre-
summary for the week follows:
ir
2 823 529
Philadelphia
Reading
At
1947
%
—16 8
978 635
778, 961
1,115. 015
Lancaster
Our preliminary
year.
same
157
•
906,599
Scranton
total stands at $12,721,425,479 against $13,380,622,061 for the
or
Dec.
t
927*941
Chester
for all cities of the United States from which it is possible to obtain weekly clear-
this
751
Bethlehem
Aug. 6, clearings
July 30
Inc
District—Philadelphia-
Pennsylvania—AltOOna
telegraphic advices from the chief
cities of the country, indicate that for the week ended Saturday,
ihgs will be 4.9% below those of the corresponding week last
$
Third Federal Reserve
ago.
year
1948
45
58,752,899
392,653,294
389,900,998
2,453,532
9.6
2,270,627
8,968,000
8,909,000
9.0
+
—
96,260,524
92,165,629
2,483,091
175,310,085
1.9
2,967,103
2.0
180,107,071
+ 14.4
58,758,979
58,595,278
349,456,209
339,792,710
—
+
0.7
+
'
Complete and exact details for the week covered by the foregoing will
ih
issue
our
ends
We cannot furnish them
of next week.
Saturday and the Saturday figures
are
today, inasmuch
appear
the week
has to be estimated.
cases
statement, however, which
we
present further below
able to give final and complete results of the week previous—the week
ending July 30. For that week there
decrease of 2.6%, the aggregate of clear¬
was a
ings for the whole country having amounted to $12,666,615,520 against $13,009,027,866
in the
week in 1948.
same
Outside of this city there
clearings at this center having recorded
was
loss of 5.9%, the bank
a
located
are
increase
of#0.6% but in the Boston Reserve District the totals register^ decrease of
the
Philadelphia Reserve District of 3.5%.
loss of 8.4%
a
are
3,440,924
the
totals record
an
The Cleveland Reserve
In the Chicago Reserve District the
smaller by 4.7% and in the 'Minneapolis Reserve District by 2.5% but
the St. Louis Reserve District
the totals
Reserve District the totals show
Louisiana—New
;
furnish
a summary
Week Ended July 30
—
Indiana—Fort Wayne
BANK
Wisconsin—Milwaukee
Reserve Districts
fcnd
Ird Philadelphia
460,030,937
6,588,848.053
>:
490,560,058
467,407,108
0.6
7,083,421,065
7,169,834,3*74
+
807,656,876
781,069,076
722,464,294
II,966,325
1,154,319
645,781,384
696,119,913
6,080,409
3,227,746
11,664,092
■—_—
24,974,935
1,073,569
,———,—
3,141,684
12,126,852
Chicago
3,304,405
3,703,162
9.9
3,087.503
2,339,360
4.1
59,195,518
59,952,035
+ 29.7
70,369,905
67,816,718
9.4
5,824,826
9.4
294,542
312,210
+
4.3
98,002,971
112,664,691
+
2.2
486,060,622
502,360,729
—
—
—
5,095,095
11,265,033
4,505,947
3,184,552
855,010,807
—.
4,532,998
3,050,812
1.4
I,233,210
515,934
5.9
10,059,666
9,075,540
0.6
5,165,174
4,906,573
6,204,485
4,627,038
9.2
51,042,000
44,171,000
+ 23.0
4,645,437
+
—
+
—30.3
+
4,158,957
X
—
—
6~6
+
—
1.3
+ 88.4
+
896,975,357
2,600,953
22,881,099
II,776,612
1,011,830
10,713,54a
684,503,769
2,644,888
635,478,025
8,100,504
8,235,746
7.0
7.2
45,625,775
3,158,607
27,379,076
4.2
+ 22.9
—
X
47,234,093
3.5
817,286
2,325,805
0.6
4,136,200
3,538,230
4.2
3,308,983
2,878,481
4.7
—
—
870,306,622
803,847,903
0.9
250,200,000
216,900,000
Eighth Federal Reserve District—St, Louie—
Missouri—St. Louis...
264,800,000
339,792,710
871,688,570
903,432,221
—
3.5
7
*
761,665,097
831,108,823
—
8.4
8
"
392,653,294
'389,600,998
+
0.7.
6th Atlanta
10
"
546,328,686
534,522,852
+
2.2
486,060,622
16
M
855,010,807
896,975,357
—
4.7
870,306,622
803,847,903
4
"
443,582,900
436,824,603
+
1.5
397,063,397
360,987,847
7
"
341,485,653
350,310,7C2
2.5
298,950,932
273,059,703
16
*
433.906,223
493,023,103
—12.0
470,620,729
404^240,083
«
*
249,200,498
312,857,642
—20.3
228,996,91*
229,533,735
South Dakota—Aberdeen
—10
"
684,409,610
9.4
629,936,124
587,651,015
Montana—Billings
3.7
88,283,215
87,997,932
+
8.5
56,853,914
54,931,369
1,641,521
4.3
1,726,268
1,158,546
443,582,906
436,824,603
1.5
397,063,397
360,937,847
—
502,360,729
7th Chicago
+
64,390,657
1,570,644
"
103,492,425
69,832,773
11
267,300,000
107,379,483
——.
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
873,973,250
349,456,209
58,996,128
30,687',076
Sioux City—
Illinois—Bloomington
+
:10.8
.
3,008,453
Des Moines
Springfield—
Dec. %
515,979,623
6,626,878,331
"
12
New York
I
: •
v
13 CltlM
5,591,828
t
55 127 649
Iowa—Cedar Rapids
1946
6,259,396
50,483,000
6,877,938
12 149 104
Terre Haute
Peoria--—
1947
5,489,274
55,114.000
Indianapolis
South Bend
Decatur
Inc. or
9,443,306
4 145 266
CLEARINGS
1948
I,144,870
8*888 305
s'siO^QBS
„
Lansing...
by Federal Reserve Districts:
194$
let Boston——
534,522,852
1,161,063
Grand Rapids
'
] Federal
54,923,806
184,300,000
District—Chicago-
Michigan—Ann Arbor
Total <16 Cities)—
OF
SUMMARY
}
99,703,957
10,753,152
175,200,000
6.7
+
104,014,731
Rockford
In the following we
352,055
546,328,686
Seventh Federal Reserve
of 20.3% and in the San Francisco Reserve District of 9.4%.
i
5,434,131
385,253
Total (10 cities)
77,011,780
4.925,464
—.
2,877,421
68,778,000
14,175,516
56,605,436
6.9
—
99,848,913
Orleans
2.1
4.1
+
—
2 592 989
Mississippi—Vicksburg
In the Kansas City
larger by 1.5%.
are
in
decline of 12.0%, in the Dallas Reserve District
a
3,688,116
—
65|934,723
^Mobile--.———
but the Richmond Reserve District enjoys a gain of
0.7% and the Atlanta Reserve District of 2.2%.
totals
13,640,973
200,000,000
63,031,419
Florida—Jacksonville—.—
Alabama—Birmingham
it
this
from
that in the New York District
and* in
(including this city)
and
appears
10.8%
13 351 146
186,200,000
Georgia—Atlanta
Augusta
gain of 0.8%. We group the cities accord¬
a
ing to the Federal Reserve Districts in which they
District suffers
District—Atlanta-
Nashville
Macon
In the elaborate detailed
are
Sixth Federal Reserve
Tennessee—Knoxville
not available at time of going to press.
Accordingly, in the above the last day of the week in all
we
as
4th
Cleveland
6th
Richmond
;
—
8th St. Louis*.
0th
—™
MinneapoUs
10th Kansas .City.J
-
—1—-
i
llttt Dallas
12th San Francisco
-
755,243,889
—
—
.
Total (4 cities)
Ninth
„
Federal Reserve
,.
5,687,195
Total
—111 Cities
? Outside New, York City————*.
12,666,615,520
.
6,265,531,855
13,009,027,866
6,658,659,780
—
-?
2.6
5.9
12,835,493,842
8,476,*681
:5,982,134;837
5,623,209,349
Total (7 titles)
3,440,392
7,698,599
341,485,653
M
3,352,026
3,270,344
12,593,757,538
7,671,022
3,087 818
......
—
Helena
80,938,098
5.247,411
Dakota—Fargo
241,403.513
78,842,365
TT
n
5,807,047
236*,873,839
——
Minneapolis
i
North
+
District—Minneapolis-
Minnesota—Duluth
«
—
350,310,702
2.1
•
5,148,579
6,524,139
1.9
206,185,746
190,325,329
2.6
67,408,790
60,894,627
—31.6
6,279,178
4,586,017
7.9
2,805,349
4.9
3,061,526
2,509,648
+ 10.1
8,061,764
6,051,401
2.5
298,950,932
—
—
—
—
—
—
2,168,547
273,059,708
-.«•
We
now
week ended
add
detailed statement showing the figures for each city for the
our
July 30 for four years:
Week Ended
!
1949
1948
6
Clearings at—
6
July 30
1947
Dec. %
$
1946
•
$
fall River—
Lowell
«
——
1,664,388
4,774,807
—20.3
4,297,754
3,554,083
435,244,371
—11.0
399,698,030
392,744,981
1,451,788
0.5
1,542,403
1,226,338
—13.7
932,500
539,695
1,646,163
6,033,504
..637,190
...
738,698
—
1,505,521
I
Worcester
—
—-
; -...V-
.
Rhode Island—Providence
-
4,769,814
—
9.7
4,394,513
21,362,497
—
0.7
33,472,585
f; 23,293,387
^9,363,579
10,407,772
—10.0
9,797,892
•/
a
•"
•..'
—17.4
—62.3
584,776
—11.8
6,159,440
4.4
108,850,564
106,614,203
—
453,578
202,377
■
458,109
5,784,522
98,806,383
8,107 396
+ 21.4
6,789,428
16,480,001
—31.5
286,907,104
10,293,042
335,735,927
10,593,331
—14.5
12,507,456
321,460,264
272,008,972
2.9
11,406,443
9,370,397
2,155,412
2,163,029
0.6
1,309,213
1,845,153
1,919-,918
1,965,259
2.3
1,099,567
1,295,440
433,906,223
Missouri—Kansas City
St. Joseph
6,678,661
1U85,'306
—.
Colorado—Colorado Springs
Pueblo..———
■§
^—....
Total (10 cities)—.........
..
493,023,103
—12.0
470,620.729
404,240,083
—
—
—
5,026,325
,
9,442,405
Eleventh Federal Reserve District—Dallas-
4,056,850
21,221,698
.'
9,702,484
24,720,400
—13.4
25,078,300
21,420,800
1,870,973
—41.8
2,074,288
1,100,981
460,030,937
*
C.6.
1,088,387
Total (12 cities)
,
—13.7
21,396,500
Hampshire—Manchester—
J'*
—
7,208,774
4,307,575
...
.KewHaveguL.
1,666,144
6,221,196
•
596,438
597,387
6,697,078
111,505,962
2,064,617
6,041,827
,
Connecticut—Hartford
I
1,583,803
.
1,445,042
8prlngfield
Hew
—15.8
387,555,053
—
—
Wew ttprtfnrrf
,
1,763,585
-3,804,245
Massachusetts—Boston——.
Omaha
Wichita
Maine-j-Bangor->_-——.1,484,951
e»<wtliftnrt
402 704
225,086
5,906,052
_
Lincoln
Kansas—Topeka
first Federal* Reserve District—Boste»—
•
.
Tenth Federal Reserve
District—Kansas City-
Nebraska—Fremont
Hastings
:
Inc. or
V\./'
-
Texas—Austin
5,214,579
6,611,915.
—21.1
Galveston
6,423,683
260,341,223
-<-20.7
185,422,000
20,752,012
Fort Worth
5,424,077
206,425,484
Dallas
28,206,755
—26.4
24,558,278
—20.2
4,075,000
187,495,000
22,552,430
4,347,000
2,668,182
2,361,624
—10.8
490,560,058
467,407,108
5,786,000
3,703,442
+
3.8
8,345,665
8,208.307
+
1.7
6,849,377
6,353,998
Total (6 cities),.
249,200,498
312,857,642
—20.3
228,996,914
229,533,735
Twelfth Federal Reserve District—San
515,979,623
4,619,000
3,843,758
Franelaea—
7.2
92,172,312
Wichita Falls
Louisiana—Shreveport
'
'V
H
Second Federal Reserve District—New Yerk—
New
York—Albany
19,663,557
Blnghamton
2,741,868
83,932,658
1,465,219
Elmira
2,560,311
83,096,962
,
Buffalo
•;
19,486,706
1,453,538
Jamestown--
1,554,532
1,665,452
New York—
6,401,308,751
6,350,363,036
15,436,806
17,605,590
10,863,751
11,622,570
Rochester
'.
Syracuse.
•
Connecticut—Stamford
—
New Jersey—Montclair
683,186'
Newark
; Northern New Jersey
10,849,029
11,660,362
■
■
.
43,391,146
0.9
+
7.1
2,729,124
2,793,344
1.0
73,089,125
72,741,280
0.8
1,477,096
1,400,467
—
+
34,292,338
10,295,189
6.7
1,519,966
1,636,843
0.8
6,853,359,005
6,970,548,189
—12.3
15,433,850
14,351,591
10,478,398
9,524,995
—
+
—
—
6.5
7.0
-3V
&
9,863.661
8,339,377
90(5,655
•f.
—29.3
703,723
739,737
42,594,904
35,823,524
.
+
—15.9
36,245,308
37,143,766
44,229,471
40,319,591
44,931,171
—
3.4
Washington—Seattle
109,890,271
Yakima
Utah—Salt Lake City
3,291,226
3,382,587
94,311,262
42,319.327
81,100,070
9,125,444
Jose
Barbara
6,607,473
384.316.G02
9,785,583
(10 cities)..
6,588,848,053
+
0.6
7,083,421,065
7,169,834,374
6,517,802
7.4
362,458,706
6.7
9,693,173
—
8,835,72o
7,143,338
.
345,610,908
.
,
5,616,264
3,988,985
—16.5
3,375,397
3,842,701
7,933,318
—11.1
7,418,765
6,325,267
684,409,610
755,243,839
9.4
629,936,124
587,651,015
13,009,027,866
2.6
6,658,659,780
5.9
12,835,493.842
5,982,134,837
12,593,757,538
6,265,531,855
(111 cities)
Outside New York...
included
8,378,154
+ 19.5
12,666,615,520
Grand Total
tNot
+ 23 2
—
35,774,031
3,331,765
——
6,626,878,331
—21.8
7,055.401
Stockton
*
Total (12 cities)
9,733,163
7,895,651
355,773,657
San Francisco
Total
90,020,129
—12.9
—14.3
11,995,263
Pasadena
Santa
—
3,509,417
152,268,539
58,621,716
45,862,593
California—Long Beach
San
118,479,093
3,058,105
130,421,460
Oregon—Portland
in
totals.
tNot
available.
—
5,523,209,349
1
46
COMMERCIAL
THE
(530)
CHRONICLE
FINANCIAL
&
Monday, August 8, 1949
PARTIAL
Foreign Exchange Rales
Atlanta
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
Pursuant to the requirements of
countries of the world. We
the Treasury the buying rate for cable transfers in the different
to the Secretary of
REDEMPTION
Company and Issue—
Gas
Bethlehem
1st
Machine
due
Clinchfield
mortgage
1963
i
EXCHANGE
CERTIFIED
RATES
BY
JULY
RESERVE
FEDERAL
29,
1949
AUG.
TO
ACT
v
and
Cleveland
1st
Value in United States Money
1st
-
Aug. 1
July 30 v 7
Aug. 4
Aug. 3
Aug. 2
$
$
Argentina, peso—
For "regular" products
For "non regular" products——.
For certain industrial products
$
$
.297733*
.297733*
.251247*
.251247*
.200000*
.200000*
.200000*
■'•77;;:7i-r
.77 ■:'■
.200000"
3.212150
3.212150
.022750
.022750
.022075
.022125
.054406
.054406
3.210150
.022125
.054406
——
.200000*
.022750
.022075
Belgium, franc
Foreign "bank notes"account
Brazil, cruzeiro.
.251247*
v
3.212150
.022750
.054406
Closed
3.211816
Australia, pound
.297733*
.297733*
.251247*
'
.02275 J
'
.022075
*
Dan
due
.054406
Canada, dollar-
t
1
Sep
1
•
1962_Sep
1
$2410
Oct
1
103
Aug 31
1.000000
1.000000
.946562
Free
Ceylon, rupee
Czechoslovakia, koruna
.952500
.301166
.020060
1.000030
1.000000
1.000000
.953750
.954687
.953437
1st
395.
3'As,
Empire
1st
■
District Electric
Paul
29th
Union
ref.
1st &
Mexico, peso
2nd
.301166
.301166
.020060
.020060
United
.208535
.208535
.208535
.208535
3%
.004671"
.004671*
.004671*
,003u25"
.003021*
.003021*
.003025*
.301678
.301678
.301678
.301078
.115633
.115625
.115625
.115625
.376100
.376050
3.991336
3.988860
.201580
.201680
.115603
Netherlands, guilder
...
pound
—
Norway, krone
—_—
Philippine Islands, peso
i—
—
Portugal, escudo—
—
Btraits Settlement, dollar—
,
Sweden, krona.
;
Switzerland, franc..
Union of South Africa, pound
United Kingdom, pound sterling
Uruguay, peso
Uruguay, peso...———————;
.,
Uruguay!
■
.376085
3.991336
.201580
.531909*t
.376162
3.991336
.201580
.201580
.497400
.49740)
.040325
.233629
.233629
.233629
.233629
4.007500
4.007500
4.031250
4.031250
4.031250
.658300*t
.658300't
.658300*t
.658300*t
.658300*t
,588223*t
.588223*t
,.588223*t
.588223*t
•561799*t
,561799*t
,561799*t
531909*t
.531909 * t
,531909*t
•
.77 ; .7.
7' ; » ' '
of
crease
creased
Anets—
22,747,429
+
32,998
+
572,419
+
* 1,590
—
Total gold Ct.
23.319,848
v-+
8.
advances
loan,':
Govt,
34,588
+
298,793
—
8,682
+
298,344
'
and
Industrial
U.
'^serves
cash
—
118,311
+
540
+
21
3,932,795
+
197,100
6,626,500
Notes
+
6,000
:
7,780,200
Total U. S. Govt,
loans
and
securities.
in all
(now
+
+
203,100
—2,685,109
84,810
—2,669,353
'
collat.
mtge.
bonds,
49
116,683
2,250.590
32.597
115,718
assets
45,126,257
Liabilities—
Federal
notes
23,310,971
+
—
+
8,243
—
19,587
—
37
5,306
+
—
31,860
+
127,329
July 27,
1949
Assets—
£
—1,900,886
67,610
+
133,312
—
bank—reserve
acct.
17,619,238
411,186
—
35,550
493,563
+
26,366
424,453
+
15,088
deposits
18,948,440
Deferred availability items
2,029,141
Other liab., lncl. accrued divs,
8,957
+
139,216
—1,368.558
Foreign
—
gen.
.......
Other
+
13,337
to
U.
44,297,509
—
—
33,650
2,230
—
—
124,385
+
170,946
3,304
Other
—1,992,179
capital
206,773
33
466,711
+
+
accounts
127,721
S.
U.
7,656
Ratio
of
note
gold
certificate
to deposit
liabilities
18,522
Contingent liability
ances
on
—
43,650
+
45,126,257
+
127,329
S.
Co.,
Issue,
this
$2.40
bonds,
104
Sep
due
tin
0.2%
+
817
2,255
21
+
Bo ton
Athenaeum
S.
106
West
$1,000
106
56th
and
West
1932
Aug 22
1951
Volume
399
Aug
Oct
stock
8
30S
1
490
1
112
169,
4.4%
3,633
56th
Corp.
•
first
we
current
which
Corp.
Street
April
6s,
1946 coupon April
$1 lot
"
on
week.
Then
follow with
we
—
+
30
+
270
—
33
+
125
224
and
1,599
+
250
—,mj.
securities—Total
4,048
Name of Company
Radio
Allied
Gas
Laboratories,
Products
2,610
3!/4%
$3.75
Forgings
1
26
18
—
;;
preferred
American
4% %
American
—
1 471
5%
5
+
52
+
438
4'/2 %
+
64
+
483
$1.25
+
153
—
50
American
+
33
•»—
28
4'/2 %
112
—
112
46,683
+
15,309
—
1,040
•„
+
211
15
210
—
156
+
394
—
300
8,300
—
221
1,364
+
13
484
+
64
331
—
31
—
284
+
and
deposit accounts,
U.
S.
Govt,
following principal changes for the week
ended July 27: Increases of $211,000,000 in demand de¬
posits adjusted and $210,000,000 in United States Gov¬
Below will be found
preferred
a
list of corporate bonds, notes,
stocks called for redemption,
those called under sinking fund provisions.
The date indicates the
redemption or last date for mak¬
common
including
decrease of $221,000,000 in de¬
mand deposits credited to domestic banks.
a
ing tenders, and the
Commercial, industrial, and agricultural loans in¬
creased $22,000,000 in the San Francisco
District, de¬
creased $10,000,000 in the Atlanta
District, and showed
only minor changes in the other districts; the net in¬
crease at all
reporting member banks was $16,000,000,
the
current
volume
the
details
were
page number gives
the location in
(except where indicated) in which
in the "Chronicle."
given
Company and Issue—
Heller
of
Long
(Walter E.)
Beach
Melville
Shoe
Witherbee
•
1st
Date
■
preferred stock
Gas
Co., Inc., 1st mortgage
Corp., 4% preferred stock
Sherman
mortgage 6%
5s
Sep 26
Page
398
'
Aug 22
Vitrified
•
income
class A
(quar.)
Arkansas
Products
due
1963
Aug 11
;
441
9-
9
8-15
8-20
8-31
8-29
10- 1
9-2
&
Oil
Atlantic
Refining
Corporation
Bangor
10-
1
1
9-15
9-15
9-15
1
8-22
1
11-21
9-
9
(quar.)i—
(quar.)——
50c
9-10
25c
40c
$1.75
$1
$1.06
8-30
9- 1
8-31
9- 1
9-16
10-20
10- 1
10- 1
10- 1
$1
15c
30c
$3
25c
20c
8-13
9- 1
9- 1
8-1
9- 1
9- 1
75c
50c
8-20
10- 1
9-20
8-24
8-10
25c
50c
(quar.)
9-27
9-15
8- 1
9-30
9-15
9-15
9-15
9-10
9-15
9-20
50c
25c
$1.50
(quar.)—
(quar.)
10- 1
8-25
9-16
50c
8-25
8-15
8-15
8-10
9- 1
8-
$1
15c
$1.25
20c
30c
30c
25c
10c
50c
.
(quar.)
Co
-
(quar.)
Corp.
(Joseph)
Co.
7%
preferred
preferred
(quar.)
common
(quar.)
4%
5c
Co
& Sons
Hydro-Electric
(quar.)
4'A%
1
9-
Allied
Bancroft
1
10-
12-
(quar.)—
common
preferred
Co.
Tack
10-
8-15
1
$1.12'/2
Corp.
Powder
9-
I.— 25c
;
Corp.
Atlantic
,
40c
Co.
Refining
convertible
Aspinook
37%c
31'Ac
28VaC
31'Ac
I2Y2C
Gas
Western
Oil
pfd
Co.
preferred
(quar.)
8-15
7-20
9-15
8-29
8-29
9-
1
8-15
8-22
8-26
8-25
8-15
8-16
8-16
8-15
9-1
lo-: 1
9-10
9-10
9-10
Bankers
& Shippers Insurance Co. of N. Y. YY
Quarterly
—
______
Barlow
&
$1.20
Manufacturing
Seelig
class
A
Bausch Machine Tool Co.
Beaunit
Belden
Limestone
Common
33A%
Cement
&
(accum.)
—
(quar.}_—
Club
————
Mills
&
$2.75
(quar.)
preferred
(quar.)
Co
Woven Hose
Rubber
Co.
preference
common—
(quar.)
>/;
8-
3
8-16
8-16
7-19
8-15
8-17
Co.—
Foods
Manufacturing
Bourne
pfd.
(increased)
preferred
Moon
Boston
6%
Mills, Inc,__—
———---•—^
Manufacturing Co. (reduced)—
Bessemer
Boss
common—
(quar.)
Bristol-Myers Co.
bonds
8
8-19
1
-
(reduced)
5%
preferred
Corp.
Power
Bourjois,'Ihc.,
.
Aug 22
Corp.—
1
9-
"
(quar.)
Book-of-the-Month
,
Co., 5'/2%
10-
Illinois—
of
Metal
Oil
Ashland
Blue
OF TENDER
8-19
$1.183/4
Co., Ltd., common^
preferred (quar.)—
-*•
Arizona
4%
NOTICES
the first increase since the week ended Jan.
12, 1949.
Treasury bills decreased $80,000,000 in,
New York City, $27,000,000 in the San Francisco
District,
and $23,000,000 in the Minneapolis
District, and in-
and
9
Co.—
Co.
preference
conv
Atlas
Redemption Galls and Sinking Fund
:' ;; ■ •-JNotices
9-
9-
8-31
(quar.)
Atlas
j
19.262
9-14
12'/2c
(quar.)
Atlas
except
accounts,
9-13
1
933Ac
40c
(quar.)
(quar.)„
(quar.)
preference
$1.20
\
Electric
&
preference
American
Argo
deposits
Co.
Sockett Co.
&
Investment
Common
12,938
except Government
Gas
1,185
+
v
1
50c
(quar.)
preferred
+
30
1010-
12'/2C
296
720
—4+568
8-18
8-10
9-30
9- 5
common
Insurance
1
d40c
d81V4C
Extra
+
+
83
—
America
Automobile
+
+
2,062
of
American
1,003
Banks
Co.
American
48
(quar.)
(quar.)
Mfg. Co., common (quar.)—
convertible preferred (quar.)
788
Reserve
Inc.
5
9-
25c
40c
L—
Corp.
6
8-
25c
(quar.)
Co
8-
8c
25c
—
preferred
283
+
5,605
5%
Holdert
8-16
8-15
8-25
25c
Allis-Chalmers
4,837
Federal
Corp
Finance
—73
+
When
Payable of Rec.
Share
Products, Inc. (increased)
Building, Inc. (quar.)
Baltimore Radio Show common (quar.)
the
are:
Class A—
Mortgage Corp.
—
7
+
3
35.590
-
-
in
Investment News Department" in the week when
3
+
table
declared.
3
—
4,141
....
second
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
Aluminum
.
demand
interbank
The condition statement of weekly
reporting member
banks of the Federal Reserve System in
leading cities
a
show the dividends previously announced, buft
which have not yet been paid. Further details and rec¬
Allied
16
<
we
Allied
+
I
—$1 lot
on
sub
>
139
1946 coupon April
April
6s,
200
DIVIDENDS
26,372
Government
to
—
Bark, Fitchburg ($50 par)
grouped in two separate tables. In the
bring together all the dividends announced the
Aircraft
433
-
Foreign banks
Borrowings
1,971
$ per shara
-
par)
are
764
—
deposits,
S.
Debits
—
Street
sub
and
—
—
Interbank demand deposits:
Domestic banks
Indus¬
397
BONDS
$1,000
47
pur¬
bonds
in
($300
The Safety Fund National
+
vault—--.;.
U.
Condition Statement of Member Banks
Holdings
105
1
Per
Liabilities—
accept¬
deposits, and
1
Oct
pfd.
Balfour
ernment
•
r„Jan
STOCKS
.
1
300
Abstract Title &
718
for
during week
shows
2
Aug. 3:
Shares
828
631
dealers
loans
Government
Time
55.2%
-
2
1
1
Sep
1969—Oct
Auction Sales
375
—
with
—1,900,886
re¬
3,743
make
393
1
Sep
preferred stock
Products
In
Avon
trial loans
bonds, due
guar,
Page
Sep 30
Transacted by R. L. Day & Co., Boston on Wednesday.
+
purchasing or carrying:
Government obligations.
Cash
65,115
purchased for foreign
correspondents
Commitments to
1
CALLED
Co.—
mortgage
•Announcement
—
for
Reserve
and F. R.
combined
Scullin Steel Co.,
47
obligations
Demand deposits adjusted
serves,
Food
194
Balances with'domestic banks
Total liabilities & cap. accts.
Mickelberry's
+
securities
Other securities
27,543
—
Works
+
agricultural
Treasury bills
Terasury certificates of indebtedness
Treasury notes
Capital Accounts—
Capital paid in
Surplus (Section 7)
Burplus (Section 13b)
1
1952—
1st mortgage 5% bonds, series A, due 1957
Michigan Consolidated Gas Co. 43A% pfd. stock
23,336
and
Real estate loans
Loans to banks
U.
liabilities
ISSUE
5%
Fireproofing Co., 7%
Allied
and
Government
Other securities
...
Total
Oct
Sep
1952
due
The dividends announced this week
1948
carrying:
or
loans
U.
Total
Other
brokers
S.
Other
Other
1949
12,891
chasing
—1,440,346
+
105,622
—
47,171
Treasurer
due
B,
County Gas Co., Atlantic Highlands, N. J.—
1st mortgage bonds, series A, due 1952
Frontier Refining Co., 5%
preferred stock
Water
402
Date
Canadian National Ry. Co.,
Joplin
♦>
1
Company and Issue—
23.031
loans
495,932
acct.
8.
1971—-Oct
Aetna-Standard Engineering Co., 5% pfd. stock
Broadway-Cooper Corp.—
1st mortgage 4%
series A bonds, due 1952
1st mortgage income series B bonds, due 1957
63,458
Loans—net
Loans
Member
bonds, due
(in millions of dollars)
Investments—Total
and
Loans—gross
Commercial, industrial,
+
Inc. (+) or
^
Dec. (—) Sine*
July 20,
July 28,
•
3,812
138,432
164
Deposits:
U.
'v'
•'
—
"""■"J'
Reserve
bonds,
series
ENTIRE
General
402
Ltd.—
trust
Dividends
member banks follows:
Loans
Total
districts.
and
814,015
+
Sank premises..—.——
Other assets—.
*
303
Corp.—
1st)
Securities
was $118,000,000 in New York City.
deposits credited to domestic banks decreased
Borrowings increased $85,000,000 in New York City
decreased $25,000,000 in the Minneapolis District;
the net increase at all reporting member banks was
$64,000,000.
A summary of the assets and liabilities of
reporting
—3,455,217
+ 1,504,793
18,693.095
items—
Co.—
ernment' deposits
Demand
58
securities— 18,991,979
Due from foreign banks
F. R. Notes of other banks
Uncollected
915,672
26,735
15,814
—1,548,700
353,600
Bonds
Total
40,088
securities:
Bills
Certificates
204
1
of
mortgage series B 3'/8%
1932
Demand deposits adjusted increased $56,000,000 in the
Chicago District outside of Chicago, $48,000,000 in the
Richmond District, and $47,000,000
in the Cleveland
District. The principal increase in United States Gov¬
955,758
—
$64,000,000
District;
member banks.
1948
R.
notes
Other
Aug. 4,
1949
$$t
Discounts
4.023750
in Chicago and $28,000,000 in the
the net decrease at all reporting
member banks was
$4,000,000. Holdings of Treasury
certificates of indebtedness increased $30,000,000. Hold¬
ings of United States Government bonds increased $52,000,000. Holdings of "other securities" increased $38,000,000 in New York City, $19,000,000 in the St. Louis
District, and a total of $64,000,000 at all reporting
(—) since
July 27,
1949
F.
4.007500
"
Cleveland
dollars)
Aug. 3,
for
.233629
393
1
Sep
.561799*+
,531909*t
.588223*t
Increase (+) or de¬
fund
.469500
.278228
Sep
1970
depends upon type of merchandise.
thousands
certificates
.469500
.278228
4.007500
Closed
4.007500
Reserve Banks Combined
Redemption
.010325
.040325
i.
.470833
.273228
4.030898
„
Statement of Condition of the 12 Federal
(In
.040328
.470333
.561799*t
t Application
.497403
.497400
.278228
.
.278223
peso
•Nominal rate,
■'
.497400
.040325
,
.470833
—
—
'
Closed
3.990918
New Zealand,
Gold
'
■
.376085
1965
due
Depot Co.—
.004671*
.003025*
—
due
bonds, due
Co.
Street Towers
4%
.301166
.020060
.301678
.Free,————————'
India, Dominion of, rupee——
203
•
1969
I
Sep
1
Newark, N. J., $4 pfd. stock.Aug 16
Mills, 1st mtge. 5V2S, due 1963
Aug 15
Safeway Stores, Inc., 5% preferred stock
Oct
1
.004671*
—
m
1
Aug 15
Inc.—
France (Metropolitan), franc—
Official..
stock
Riverside
.301166
7.-
;v
Sep
series A,
mortgage 3%%
Firemen's Insurance
.020060
/';
Co.—
1970
preferred
Co.,
A
Electric
debentures,
mortgage
.203535
—
Denmark, krone
due
D, due
ser.
series
preferred stock
Ohio
Inc.,
27/«%
bonds,
194
Sep
1965
Elgin, Joliet & Eastern Ry.—
Saint
Official—
3'As,
Mills,
Ravnolds
20-year
5%
•
Co.—
bonds,
Co., Inc.,
mortgage
&
4'A%
Terminals
5 Va %
Southern
&
River
Devoe
$
.297733*
.251247*
*
Foil
Columbus
1
,'
July 29
mortgage
Union
mortgage
Cochran
York
Noon Buying Rate lor Cable Transfers in New
Country and Monetary Unit
ref.
394
Ry.—
A,
Soya Co., Inc., 3% debentures
Chicago & Western Indiana RR.—
1930
OF
1st
INCLUSIVE
1949,
4,
UNDER TARIFF
TREASURY
TO
BANK
'•
Sep 30
pfd. stock—.
Central
FOREIGN
394
1
Co.—
con v.
Ohio
&
series
4s,
Paga)
1
1954—.
Bingham-Herbrand Corp., 5%
1st
Sep
Oct
3s, due
1st mtge.
&
mortgage 5s.
Carolina,
give below a record for the week just passed:
Date
Light Co.,
Foundry
(quar.)—
(quar.)——
683Ac
$1
40c
—„93%e
r
10-15
8-12
8-11
1
7-28
8-15
10-
1
Volume 170
Number 4827-—-—«**«*•
~
—
-'lUifi COMMERCIAL &
FINANCIAL-CHRONICLE
-
(531)
4?
'
S'
c
.*
'
*
Per "■
'
Co.
Shoe
$3.60 ^preferred*; (quar.J____-_r-rr-^.~--_,,
Brunswick-Balke-Collender. Co. com.... (quar.)
$5 preferred (quar.)_—_______
~-r—r
Buck
Falls-Co.
Hills
Bullock's
trating
37Vic
—
Mining
Sullivan
&
<
_
VJv««?,
(reduced)-
Inc.
Hill
Bunker
)
(quar.7
Co._^_—
Forge
&
Holdere
■.*'8-
Corp. (quar.)
Canadian-Fairbanks-Morse.Co., Ltd.—
;,3?C
,'
8-15
+25c
8-31
•4%
8-31
Class
Ltd.—
(quar.)
Canadian
(Canadian
7 .Common
r
Machine Co.,
Canadian
—:
115c
Ltd.
Utilities,
Canadian
Natural
Western
preferred
25c
8-25
8-10
9-1
8-10
30c
8-31
8-15
9-30
9-30
8-15
8-15
9-17
9-15
8-25
8-10
9-1
9- 1
9-14
8- 1
9- 9
9- 1
9- 1
9- 1
9- 1
9- 2
8-10
common—__
(quar.)——.
Central
Paper
Central
Surety & Insurance Co.
Central
Vermont
Co.
Service
Public
Century Ribbon Mills, Inc.
Chain
Co,
Belt
Corp.—
(quar.)
_———
40c
25c
$1
15c
25c
$1.183/4
(quar.)————:—-
Chambersburg Engineering
Cherokee Textile Mills.-
Clearing
15c
50c
17c
15c
(quaf.)——. ;
(quar.) ____> /
common
(quar.)
Machine
(reduced)
Cleveland
Quarries (reduced)
Colonial Finance 4%%
preferred (quar.)—
Colonial Life insurance Co. of America—— '
$1
Colonial Stores. Inc. common (quar.)——50c
__
—
,
4%
Class
B
,
50c
62Vic
37Vic
35c
preferred. (quar.)
——/—preferred (quar.)
Colorado Milling & Elevator Co, (quar.)
Columbia Broadcasting, class A
5%
Lake
Lake
Southern
&
Lane-Wells
8-
5
9-
Lansing
1
7-29
$6 preferred
Macmillian
1
$5
7-22
9-
Marine
8-15
Amusement
Consolidated
Gas
Ltd.
Co.,
Utilities Corp.
2
9-24
9- 9
9-
1
Water, Power & Paper Co.—_—
Continental Assurance Co. (quar.)—
Continental Casualty Co. (quar.)
8-26
8-10
9-30
9- 1
20c
9-12
Copper Range Co
$5.25
Electric
Creole
Crum
preferred
&
Forster
Securities, 7%
Cuban-American
Irregular'.
Curtis
50c
Industries.
convertible
Cushman's
Diamond
Disston
Ice
&
8-19
National
pfd.
Co:, 5%
& Sons, Inc.
Dairy
8-15
Nelson
9-20
9-16
North
1-3-50
12-19
1
8-16
8-31
8-10
Victor
12Vic
9-
1
9-
1
8-17
9-
1
8-15
8-1
7-25
2
8-19
$1.25
/;75c
(quar.)—
10-17
20%
8-31
4%
8-25
Walker
20c
9-
9
9-
5
,
9- 9
9-
5
A
(quar.)
9-10
9-29
8-25
9-26
8-25
Light & Power Co., Ltd.— "
preferred(quar.)_______i.t$1.50
9-1
t$1.12
Co
Inc.,
Pacolet
Manufacturing ,(quar.)_.—
Parker
Rust-Proof
9-15
9-
S3%c
9-15
9-
15c
(quar.)
/
preferred (quar.)
Drewrys, Ltd. U. S. A., Inc. (resumed)——'
Dupuis Freres, Ltd.
(quar.)—
9-10
8-20
50c
•
'$30c
8-15
8-15
8-
preferred
Drugs
50c
8-25
35c
5
Y.)
(quar.)_
Patchogue-Plymouth
(quar.)—$1.02Vi
4,./4% preferred (quar.)
—$1.06Vi
Ely & Walker Dry Goods (quar.)—
25c
Employers Casualty
(quar.)
30c
Employers Reinsurance Corp.
(quar.)
50c
Equitable Fire Insurance Co.,
,.v;
9-
1
8-18
9-
1
8-12*
8-
1
7-29
8-15
7-30
—
Charleston,
C.
S.
±
(:-a)
Fajardo
8-
1
"50c
8-15
8-
1
9-
1
8-15
9- 1
8-15
Perfex
100%
10-14
9-29
Peter
.
————„„——_
Sugar
Co.
,
50c
——
Extra
Falstaff
Brewing
Federal
Chemical
United
Financial
Firth
Corp.
Co.
(stock
(quar.)——
Fund
Fishman
(M.
H.)
(quar.)—
$4
(reduced)—
9-
8-15*
i
9-
$lv25
1
1
5
25c
Co.
common
preferred
9-
1
8-20
9-10
8-26
—
,
(quar.)
8-24
Fownes
Brothers
Fruehauf Trailer
4%., preferred
General
Co.
&
Co.
Co.—
(quar.)
common
"
Bonus:
'
v
;
receipt
ord
Phoenix
$1
$1.50 preferred
(quar.)
—
•
.•
(quar.)
Telephone
(quar.)
&
Golden
State
Bennett
(quar.).
commcn
—i—-
General Tire & Rubber Co.
Gilbert
9-
10-14
9-10
11-1
25c
25c
V
25c
50c
1
'
8-15
8-
8-15
r
1
9-15
8-25
9-20
9-14
5
7-29
9-12
Gordon Mackay Stores, Ltd.,
Class B
Great
7%
Great
Atlantic
preferred
Pacific
Tea
Co.,
(quar.)
J12V2C
9-15
8-15
common.
9-15
8-15
$1
9-1
8-11
(quar.)
Fire
Co.
(s-a)
___
Lakes
Paper
Co., Ltd..
Class
A
preferred
Class
B
preference
Water, 4%
9-
1
8-19
Sioux
pfd.
(quar.)
(quar.)
9-30
9-15
9-30
9-15
130c
(quar.)
conv.
Simonds
t25c
9-30
9-15
$1.25
$1
10-
1
9-16
9-15
8-16
10-
8-15
8-15
37'/2c
9-
1
12J/2c
9-
1
8-15
25c
8-31
•.8-22
$2
8-26
8-
2
55c
9-7
9-
4'/2%
Chain
preferred
>
9-15
9-
1
23c
9-15
8-25
25c
9-15
'.,8-25
15c
9-15
8-25
25c
9-15
9-
(quar.)__—25c
class A (quar.)——___—
25c
(quar.)_
25c
9-15
9-1
9-15
9-
1
9-15
9-
1
(reduced)
9-15
8-17
9-
1
8-12
9-
(quar.)
6c
;
class A
—
preferred
<quar.)_____
(Louisville,
Ky.)—
preferred
Estate,
$6
Co.
Delaware
of
class
A
,
.
(accum.)
(quar.)_^
(quar.).
——
(quar.)
Co.
Electric Co.,
Co.
Greyhound
Advance
.
(quar.)
Bag
&
(quar.)
(extra)
Lines—
Paper
•
8-15
40c
50c
97J/2c
1
1
8-12
50c
8-19
8-10
30c
(quar.)_.i_~
Hungerford)
preferred
com.
8-15
•
i
a
Steel
10-15
:
«
;
&
8-
9-
1
8-10
$1.123/2
9-
1
8-12
8
8-22
9-10
8-15
8-22
9-
1
8-12
9-
3
8-
8
9-
8-
3
87 %c
9-
8-16
9-
8-19
10-
75c
10-
Co.
pfd.
(quar.)____
$1.25
Cable
Co.
&
1
Co.,
Temper Corp.
Furniture Co. (quar.)—
5
10-
3
9-15*
10-
1
9-15*
9-15*
9-15
9-
9-
.
2
9-15
„
2
50c
4
9-10
'9-15
8-26
8-31
'
*
changed
was
7-21 ♦
30c
,v
common
name
8-
1
$1.25
(quar.)
Hoe
July
8-20
$1.75.
40c
8-15
10-
$3
,
(quar.)
com.
1
I
8-15
75c
$1.75
99-
8-31
,
4c
Co.
1
9-
9-15
15c
True
to
')
■■■,
5c
8-15
8-
75c
;
9-15
8-16
5
/American Gas & Electric Co.—
Increased
American
67c
v
quarterly
Hide &
Leather
convertible
Co.—
preferred
American
Home
American
Indemnity Co.
Products
'
:)
a, ..i
75c
(quar.)—/,
(monthlyI
L
'
(s-a)
American
Laundry
American
Machine
Machinery
Foundry Co._.
/American Metal Co., Ltd. / ,;
;
.?•
4%% preferred (quar.)
'American
American
Meter
9-
1
35c
9-
9
20c
9-10
Pulley
5%
.
American
$1.25
(quar.)_
Razor
Seating
Smelting & Refining
American
Steel
7 American
$5
Sugar
prior
Anchor
6%
Co,
7%
Products,
7Anbeuser
Arcade
6%
Busch,
(quar.)
Cotton
Mills
(quar.).
5
8-31
8-12
25c
8-30
8-
25c
8-30
8-
9
75C
8-31
8-
5
9-15
8-25
1
9
10-
3
9-
1
10c
9-15
8-
1
H- i
10-
6
11-
1
10-22
1-31-50
1-21
$1.75
$1.50
—
$1.50
Ltd. ordinary
(final)
tl5c
9-
1
25%
9-
2
25c
Inc
preferred (s-a)
2
8-25
8-
9-
6*
8-10
Inc.
(quar.)_,
Oil Co.,
1
8-16
$1.25
(quar.)
common—
Anglo-Canadian Telephone Co., cl. A (quar.)
Anglo-Iranian
9.
75c
pfd.
(quar.)_
Smelting,
(quar.)
preferred
Post
9-
12 %c
■'.}
Co., common
Lead &
preferred
preferred
6%
Refining,
Tobacco
7-29
9-24
30c
,
Foundries
Zinc,
9-10
8-15
60c
American
American
8-18
9-20
;
$1.75
(quar,)—_
.
American
8-22
25c
(quar.)—__
(quar.)
Co.
Co.,
i
.•
1
9-15
.-;9-
30c
!
Corp.
Safety
;American
Y.)
1
8-26*
8-31
Sanitary
-
,(N.
5
>
$1.12%
—
American. Re-Insurance
;
8-
9-
:
7"
pfd.
Co
8-15*
1
—
'
'
8-31*
,
1
10-
$1
President Lines,
American
9-
45c
!
Co
/American Radiator & Standard
•v
Corp., common
7%
preferred
(quar.)_
9-12
$2.40
-
(reduced)
Co.
&
4;
10c
7
/American Insurance Co. (Newark, N. J.)—
J Increased
—
Common
Co.—
8
8-
8-15 /
1
9-
7-30
(quar.)
Fork
American
8-
1
1
Shares—
&
Chicle
7
9-18
8-15
10-
1
___
1
40c
Southea.tern
Southern
8
8-10
1
preferred
(J.
9-
8-25
9-
com.
(quar.)
Co., Ltd.,
G
City Gas &
Smith
8-25
9-15
1
Saw
3.90%
-
1
30c
;
B
B
8-19
t62J/2c
commmon
(quar.)
Guantanamo Sugar Co., $5 preferred
Hamilton
Class
8-11
1
8-15
9-15
1
Signal Royalties,
1
1
8-17
1
Inc.,
Signal Oil & Gas, class A
9-
9-
10-
87'/2c
B-iquar.)
9-
1
$1.25
Extra
30c
9-
8-15
8-15
9-
Oil
Class
•
1
1
9-
Corp.,
Class
99-
15c
Real
$1.75
Insurance
15c
9-20
(quar.) /,
$25c
pfd. F (quar.)
i
$1
(quar,)___
$1.18%
B
&
Bottling
Serrick
i
Business
American
8-15
7-21
Crown
10c
Eastern
Extra
Great
&
class A
37V2c
1
8-29
10-
10-15
Little
Seaboard
9-30
60c
Quarterly ___•
rSafway Steel Products. Inc. (quar.)
Sagamore Manufacturing Co._
Schulte
8-15
37V2c
.
8-19
$$1
—___
/
10c
—25c
1
8-29
1
$1.50
8-31
$1
(quar.)
53V8C
>10-
1
Theater,
9-15
f25c
pfd.
9-12
1
Royal
•
Ltd. 4%
Co.,
15c
(quar.)
10-15
11-
preferred
1
(quar.
American
8-15
7-29
40c
9-15
1
9-30,
9-
7%
Effective
8
1
$1.25
8-17
"-15
8-
9-
(quar.)_
9-26
$1
—
(quar.)_—
Roxy
;
preferred
5%
8-
t25c
9-
8-19
7-29-
8-15
37 %c
Can Co., common (quar.)
preferred (quar.)
American Car & Foundry Co., com. (annual);
7%
preferred (quar.)
1
«-15
1
American
8-20
Holdere
8-15
8-15
;
American
9-
the
Payable of Ree.
1
(quar.)
common
8 12
.
When
15c
vi
Co._
Note,
6%
8-19
11-
A
preferred
4%%
<•
Arch
Bank
8-22
9-1
9-16
12 %c
Corp., 5%
9
1
of
Co.
Bosch
1
8-16
8-31
10-
150c
American
9-12
25c
-
Co._
2
9-10
7-21
30c
(auar.)_
Line
9* 1
7-21
8-16
10-
(quar.)
Barge
9-
1
1
35c
American
1
8-
9-
;
8-15
10-
9-23
8-
:
37 %c
9-15
15c
Investors Fund,
8
; 8-31
115c
lquar.)____
Cement
Co.
Ltd.
American
Hosiery Mills, Inc., com <quar.)__
A (quar.)_______—
preferred
10-10
$3
'
Co
American
8
25c
;
3
50c
Canada, Ltd.—
4%
preferred (quar.)
American Airlines Inc., 33/2%
pfd.
Co.—
(quar.)_________^
Company
•
9-10
$1
'
8-
$1.25
(s-a)
8-
25c
(quar.)
3
8-15
12.50
8-15
50c
25%:-
(quar.)
Corp.
1
9-
Rochester Gas & Electric, 4%
8-16
10-
3
8-22
preferred
Robinson
8-5
9-
6%
6%
10-10
25c
Manufacturing
.
10-10
11-
-
8-11
$1.25
9-
9-
40c
Reliance Mfg. Co;, 33/2% pfd. (quar.)____
^Republic Insurance Co. of Texas (quar.)—
7
$1.25
55c
(quar.)
5%
9-7
37V2c
Corp.,
preferred
10-14
.
Silk
.Real
Republic
J0%
7j/2%
—
General Plywood 5% preferred (quar.)„___
General Precision Equipment Corp.——_
4.40%-
9- 7
Bakeries
Ray-O-Vac
8-15
a7.Vi %
„____
preferred
Purity
8-18
10- 6
9-15
_______
Valley Wine Co.—
Company, class B
preferred A
(quar.)____
Si
$1.50
8-18
1
93%c
common
preferred (quar.)——
$3.75 preferred (quar.)
General
.
reg____
$5
General
1
9-
al0%
——
General; Motors Corp.
9-
'
—
for
Poor
8-12
9-1
$1
75c
(annual)—
Bonus
1
8-22
50c
f'".
1
__t.—
deposit
10c
(quar.)_
Corp. "(quar.)
General Electric Co., Ltd.—
American
8-19
:
(quar.)
registered
7-25
9-
.
;
American
Ordinary
8-1
*'
8
Co
Pitney-Bowes, Inc., common
4V4%
preferred
(quar.)
Pleasant
$2.75
Wayne & Jackson RR.
5V2%
preferred
(s-a)
9-
25c
■
83-
■
(s-a)
Portland
Brewing
1
;—_—
pfd.
$4
9-1
12J/ac
Fort
Altes
10-
:
9-
1
Alpha
8-8
./8s///3:::
Aluminum
—
9-15
$1
25c
s
Extra
8-12
8-10
9-15
_____
Inc.,
&
Steel
1
_______
■
8-15
8-15
8-15
25c
Stores, Ltd
Youngstown RR. Co.—
American
^ pi,
9
20C
Shoe
1
Cast
10-
$1.123/2
MHls,
Pillsbury
Alloy
1
$2
ElxtiTR
')**■
;:9-1
Share
Vickeburg Ry.
Allied Kid
Co.
(quar.)_.
Allis (Louis) Cp.
(quar.)
$1.25
Quarterly
8-15
Per'
(quar.)_!
&
Aluminium,
20c
(quar.)
1
week, these being given in
Corporation
9-15
(quar.)______——
Co.
9-
56y4c
(reduced)
preferred
50c
Suburban Transportation
Philadelphia
i
5%
1
10c
Inc.
8-16
lOc
(quar.)
this
Corp.
Alberton
10-
75c
Dodge Corp.——
Philadelphia Dairy Products
8-15
6
Pepper)—
Stock' Dividend
Co.—
(quar.)
(quar.)
9- 1
50c
v
,
Dock
&
Dr.
Phelps
8-15*
25c
Dredge
(see
9-
I
25c
Co.
Canton
50c
(resumed)
Brewing
8-20
9-
20c
Company
/ Pfeiffer
8-10
8-
9-1
$1
Co
4J/2% preferred <quar.)_____
(quar.)____..___
Corp.,
Paul,
Pfaudler
8-15
8-
(quar.)_
Pepsi-Cola Company
^Perfect Circle Corp.
8-25
9-
8-20
25c
Company (quar.)
Connell
&
Forbes & Wallach Class B
.
1
9-10
3c
Quarterly
Flintkote
9-
$1
J.
Co., common
preferred :(quar.)
FitzSimons
$1.50
Cleaning & Dyeing
Industrial
Carpet
5%
dividend)
preferred
Engineering Co.—
5% preferred (quar.)—
;
$1
Company
5
9-
$1
f
Inc
Wire
Axron
8-19
preferred
(Dr.)
Pepperell Mfg. Co.
8-15
50c
Extra
Fenton
4 V2 %
50c
4%%
Vending
F.
'
8-15
Mills
Paper
7-21
10-
$1
(quar.)_
Agnew-Surpass
Y 8-15
9-1
Peoples Drug Stores, Inc. (quar.)
Peoples Telephone,
common
(quar.)
Pepper
.
If
8-19
Pennsylvania Water & Power Co., common—
$5
preferred
(quar.)
1
t40c
(quar.)_
Extra
Paterson
Parchment
1
83/4C
9-16
30c
■8-
8-16
25c
Aetna-Standard
9
3
$1.06'/4
8-18
—
(quar.)——
common
9-
,
9-
1
(quar )
8-10
Co.—
Gas,
preferred
8-15
8-
..-$1
T
Acme
City)—
1
Natural
7-21
15c
Name of Company
9
9-1
123/2c
9-30
Manufacturing
Paso
4.10%
1
ioc
Worsted
Alabama
preference
8-19
8-
(quar.)__ $$1.12Vi
(quar.)
(quar.)_j_
announced
ABO
9-
.<
9-30
62!/2c
9-
El
9-30
75c
(quar.)
9-15
75c
-
Co.—
(Kansas
participating
8-16
9-15
preceding table.
A
8-11
,
Co
& Reel
(reduced)
$4.25
7-28
1
50c
*
dends
2
$1.50
$1.25
(quar.)
(N.
——r
Rig
Parkview
7-30
8-
Common
Co.
urance
8-16
9-12
25c
Co
common
preferred
Corp.,
7-27
$1.25
(quar.)
$5 preferred
In
Fire
Parkersburg
1.
$1.50
—
Durham
preferred
Oxford Paper,
8-17
9-12
Below we give the dividends announced in
previous
weeks and not yet paid. The list does not include divi¬
6
9-
1
8-
10c
(quar.)
common
10-
Eaton
8-
9-15
20c
<quai.)
10-15
*
I
9- 1
;■
50c
Insurance
8-15
;
:
1
$$1
(quar.)--
Tube
Life
1
75c
8-6
$1
33-4 ?<>
2nd
York
8-6
9-
$1.50
•
(quar.)^___iu_—
Pacific. Lumber; Co
Hosiery Mills, 6% pfd. A (quar.)
Eastern Utilities Associates (quar.)
8-12
4%
Scotia
10-
_—
Co.,
preferred
Wyandotte
2
10-15
i
Jnc
Combing Corp. of Canada, Ltd. (quar.)
Wrlsley (A. B.), 4% 1st pfd. (quar.)'
2
81 Vic
(quar.)
Candle
B.)
9-
$4
d75c
Wool
8-19
;
8-16
6%
8-20
8-15
(J.
9-15
8-25
8-26
/
8-
Pacific
9-/1;
/ $1
Baumer
1
1
8-18
9-10
&
10-
8-12
10-15
$1
//
9-15
15c
Picture;,
pfd.
3-19
25c
15c
1
10-
preferred A (quar.)—
Drevser Industries, Inc., com.
Williams
9-10
(increased)
9-1
$4
Will
8-27
50c
quar.)_
(s-ai
10-15
15c
common
preferred
8-20
8-18
9-15
______
40c
2nd
'
9-30
(quar.)___ h r
125c
$3.25
1
1
9-10
,
40c
Pepper Company
Dohohue Brothers, Ltd. "(quar.)—_———_
Dr<
Co.,
99-
80c
35c
Castings Co.—
125c
Chemical
3-25
59%c
(quar.)—__
Dow
9-10
Brothers
8-29
d50c
Worts, Ltd._
Warner
1
8-
Omar,
8-23
&
8
$1
f50c
'i:
Gooderham
9-
9-
25c
■
•
(quar.)
(Hiram)
9-12
40c
;
Warren (Northam), $3 conv.
pfd. (quar.)__
Western Auto Supply Co.
(quar.)__
Weston (George), Ltd., 4%%
50c
Co.
preferred
8-
15c
________
,
50c
(quar.)..___'.
(quar.)
Extra
9-
'
9-15
,>
8-19
25c
preferred
7-25
:
9-15
8-12
Seamless
held)"-:-!_^^-,—i-—■'■:
participating preferred (accum.)
Walgreen Company, common (quar.)
25c
9-10
State
9-15
1
Walker Mfg. Co. (Wis,), common
(quar.)___
$3 preferred (quar.)___________^___„_.^
1
$1
-.4% %
'
9-1
9-30
12V2c
6%
8-10
20c
preferred
9-19
}56c
9-15
.
6%
1
;
9-13
Extra
Nova
10-
8-10
1
35c
Refractories
Co.
8-16
"■
25c
(quar.)_____
Corp.___________________
Pharmacal
8-10
1
50c
(quar.)__
________
RR.
1
9-
_
Inc
(increased
Steel
&
(Herman)
Norwich
;■
9-
!
10-
75c
•
15C
;
Products, Inc. - (quar.)
Virginia-Carolina Chemical—
9-20
8-10
1
(quar.)
Co.
9-
Co
Northern Insurance Co.
8-15
$1.75
—„15c
(quar.)
1
Co.
8-13
(quar.)____—
Pennsylvania
Northern Illinois
Ohio
;
9-
Verney Corp. of Canada, Ltd.—■
4V2% preferred
(quar.)__
75c
Products
American
Ohio
,
6
10-
7-30
1
jisc
9-15-
preferred
North
8-31
$1.25
25c
American deposit receipts ordinary (final) i,
dividend
(One share for each two
V
9-
25c
8-15
9-
(quar.)________
8-27
9-9
(quar.)
Ltd.
Kniting
d35c
1
10-
Ltd—
preferred
25c
common
____.
Stock
-
Utica
8-13
quar.)
9-
8-16
Specialty Corp.—
convertible
50c
Co.,
Tool
Malleable
Increased
4%
Corp.-Seagrams,
Walton
8-
(quar.)
Mills,
.' :'/. shares
Distillers
Upson
8
National Rubber Machinery Co.
Ltd.—
Co.,
8-10
8-
3
8-25
62V2c
8-15
&
8-15
1
$1
(quar.)
Corp.,
Utilities
1
9-
$1.75
25c
Steel
9-
40c
common—
United
5%
8-19
3C
United
6
8-10
-
8-
-
1
1
8-28
(reduced quar.)
(quar.)___
8-20
8-19
$1.75
A
9-
Inc.
(quar.)
preferred
9-
9-3
-
common
preferred
Prjntlng & Lithographing,
57c
9-15
$5
Shares,
l%c
8-26
—.
S.
8-16
9-15
(quar.)
Power
8-15
Refrigeration, class A
preferred
National
preferred
U.
1
$1.25
8-15
8-25
-
d$1.25
Inc.
Co.,
Machine
43/4%
8-35
7
Co.
&
B______„.
convertible
1
9-
$2
;
8-31
20c
$1.25
(quar.)
9-23
(quar.)
Coal
(Henry i
Distillers
Publishing
Stores
Paper
8-10
series
Finishing Co.,
$4
9*
9-
Circuit—
Insurance
$7
8-15
1
Del.,
'
8-12
8-
65c
(quar.)_____
Light
8-16
75c
;
8-25
>
(quar.)
convertible
Monarch
Inc.—
preferred A
!
9-
1
9-
$1.50
9
Pacific
Electric
U. S.
8-15
9"
25c
:
2
Theatre
8-15
•
1
9-15
*
40c
nquar.)__
Co._
+quar.l
preferred
S.
Oil
Bearing
Artists
5%
1
8-24
9-
9-
,,'5c
•
(quar.)
(reduced
9-10
(quar.)_
Sons, Inc., 7% preferred
Metallic 'Door'-——
Dahlstrom
^____x._
25c
10-15
Co,
—
(Helene)
pfd.
(irreg. i
"—J——/
Sugar
'
9-15
1
5c
(quar.;
20c
common—
(quar.)
Corp
25c
(quar.)
$1.31'/i
75c
Corp.,
A
Petroleum
•
8-15
8-15
Oil
3.20%
8-15
31 Vic
1
1
B
Morris
Copper & Steel Indu tries, Inc.—
preferred (quar.)
U.
9-
Corp., $1 conv. pfd. (quar.)
Minneapolis-Honeywell Regulator Co., com._
9-15
9- 1
Clatfl
Midland
Continental
Corneil-Dubilier
Hill
.
8-18
8-
United
(quar.)__
Middlesex Water
7-20
40c
30c
50c
.
1
9-15
United
8-15
4%
Associated
Roller
1
8-29
$1.75
20c
Corp.
Mercantile
9
15c
(quar.)_
(quar.)
8-15
1
9-
9-
Products
Company
Merchants
10-
Terminal Cold Storage Co.—
participating prior preferred (s-a)___
9-15
f
common
Co.
Maytag
8-19
$1.50
130c
Consolidated
5%
Shirt
Magnesium
Masonite
8-19
9-
Tank Car
Union
:
(quar.)
$50c
Company, common
preferred <quar.)__
5%
Union
9-14
40c
Marathon
8-20
8-20
8
preferred
Water
9-30
1
Paper Co
Company
Manhattan
8-20
9-
9-24
J
7%
Tide
8-18
8-26
10-
25c
•
8-15
4'8-16
9-
27c
(quar.)
Tlmken
$1.25
preferred
common
1
8-26
4
5c
(quar.)__
7-31
40c
Company,
non-cum.
Macwhyte
2
&
Co.,
5c
1
9-
35C;
pfd.
conv.
9-23
9-
fiy2c
;
8-18-
10-14
tf60c
>
8-15
3
9-30
(quar.)
10-17
(quar.)____„_.
8-
tl8c
(quar.)_
10-17
1
50c
(qwtr.)
Ltd.
(quar.)..
7-29
Power Co.—
Co.
Co,
8-22
?-9-14
(quar.)
Power
Shovel
15c
preferred
1
1
9-
'
37y2c
8-17
20c
MacLaren
8-15
25c
■
—
Consolidated
Co.
Thew
20c
(quar.)
(quar.)
Stamping
v-9-r
50c
2nd
Die
Tampax, 'Inc.
Taylor & Fenn, 4.32%
8-22
f
11-
,
Mines,
8-25*
11-
(quar.)„_
&
Gold
1
'9-
'8-15
1
50c
93%c
47c
t
Extra
j
8-23
9-
K-i
Lessing's, Inc.
(quar.)
Liquid Carbonic Corp. (quar.)
Lord & Taylor, 6%
1st pfd. (quar.)
Mackintosh-Hemphill (quar.)
(Del.)—
Corp.
preferred
convertible
Sylvanite
9-15
8-30
"
(quar.)
$1
.
common
District
5%
1
Series
,
(increased)
5%
9.-20
8
7-26
8-15
9-12
$i
16c
(s-a»
Ltd
Mines,
1
9-20
t40c
25c
il,/
;
preferred
8-15
*:?:■$! >
(quar.)
(D. A.)
Sun Ray Drug
Co., common
6%
5
8-
'
a.
9-1
25c
Ohio,-common %quar.)_
A
9-
40c
(quar.)
i
A
8-15
.
$1.12%
..
;
common
»
$1.37%
Inc.-Mquar.)
Oil Co., Ltd.__*.____________
Superior Tool
89-
of
preferred
Stuart
8-16
,
50c
i_a-'-$1.37%
tquar.) J
series
Co.
Sterling Drug,
y.'
Sons,
When
Holdere
Payable of Itee.
frhare
._
:
(reducedi
&
preferred
3%%
-1
-8-16
9-30
13Vi%.
(quar.)
preferred
McGraw
————————i-—
Commonwealth
Superior
Common
Commercial, Shearing & Stamping Co.—
*
Shore
9-30
;
R.)
preferred,
-$4
»v.
.?■:
Co._*__
9-20
35c
-_
Quarterly
Steel
■*<
.
$4
(E.
Standard Oil
8-20
.•
al3Vu %
Canada, Ltd.___
Y.)
Fund
Industries,
convertible
Laclede
8-10
Co.
Cu todian
France
4%
,
8-
of
Corp.
4
8-17
7-29
Company
Squibb
8-17
8- 5
.
$3%
.
Inc.______
Insurance
Keystone
8-13
9- 1
9- 1
Co.
(N.
8-15
$1
Service
Products
La
Paper
(quar.)
Illinois Public
Nickel
Jersey
7-29
8-15
Co. com.—
17Vic
—62ViC
—1-27Vic
&
(quar.)
preferred
$1.10
Central
4%
Light
preferred
)
_
Investors Stock Fund,
11-25
8-13
.*—
Arizona
$2.50
1$1.25;/■
International
8-25
9-1
8-25
—
Central
'i
(quar.)__
Ltd.—
Spotless
8-15
<■9-10
$2
$12Vic
International
,,'12-15
Gas Co., Ltd.—
/__—_—120c
(quar.)——1—
12>/2c
-4%
preferred (quar.)
Capital City Products Co.
i
v
pfd.
5%
;
1
L
,
,9-14
$156, ' T9-15.
(quar.);
1
If
9-
Imptral Tobacco of Great Britain & Ireland,
Ltd., (ordinary (interim)
i
Ordinary registered
(interim)
9-15
..
(quar.)7
Common
Extra
V'-fV
j 120c .
10- 1
Ingersoll-Rand Co., Ltd.___-J-—f ,,.;V $$l..'./.'9-20.Motor Lamp Co., Ltd.—
; ~~7V* _/*
/"'J'
A
9-
9-
55c
(s-a)_
9-16*
I
:• 8-20
30c
(interim)
preference
8-19
If
9-15;
25c
.
1
Canada,
10-
1
,.::871/2c
,
of
-8-11
25c
—
" .T."
Spring -Bed
Spear & Co;, $5^0 1st pfd.. tquar.
v.$5(50 2nd preferred (quar.)
Spiegel, Inc., $4.50 conv. pfd. (quar.)
10-6
9-
30c
.
.___
(quar.)
Co.
1
25c
,
»/'!.
Lighting & Power Co
Ordinary
.
Canadian Ice
Barbizon
Imperial Tobacco
8-31
Food
;
___________
Hotel
9-
10-20
$1.50
Co.(quar.)
Mining Co, . (quar.)*.
Heyden Chemical Corp., common
;3Vi% preferred A (quar.)
Hobart Manufacturing Co.
(quar.)
Name of Company
Southern
50c
.
/
Hecla
Payable of Rt c.
"
' "V
Co.—
(quar.) /
Hazel-Atlas. Glass
Houston
;--7%:
Quarterly
r
8-18
-9- 1.
Products, Ltd.,.,common--— . tl8%c( \ 10- 1
ft 1 Class A (quar.) ——____________
.__
;
125c , ...10-1
'*
preferred (quar.)
|$1.12%,\ 10- 1
t
Canadian
Common
Share
.
Refractories
preferred (quar.)—
Hathaway Bakeries, Inc. (quar.)
8-9
8-31
Name of Company
6%
8-15;
Concen^;^;/ '-7 7'^,.7W..,
Burton-Dixie
1*
"8-15
9-1
-
r
9-20.
''(quar.)t--_---rr-^-rr7rr-i--^^:,i'-25c f""V 9-1
Co.
,
Harbison-Walker
"
.«
;
.
10-149-
] When. Holdere
Per,
Payable of Nee.
9- 1
8-15
90c„ . 10-31
25c ,* / 9-15
$1.25,* 10- 1
' 15c8-15
*
Buffalo
When
>i;
Share
common.,.,.-——s30c
Company
Name of
-
Brown
common
(quar.)
—
$1
9-1,?
8-10
7-26
8-1
9-309-23
$1
12-23
12-19
$3
12-23
12-19
:
48
THE
(532)
"
Arden
Co., common
dividend (% share
Farms
Stock
of Diced
i
.
$3
1
share
CAth
*
Ltd., common
convertible preferred (quar.)
4%%
conv.
Artloom
Carpet
Asbestos
Corp.,
Associated
1st
7%
Class
A
Service
8-25
—
Avondale
Mills,
Common
Common
(monthly)
(monthly)
—
fc
(monthly) —4c
(monthly),
,™_™_™
4c
(monthly)———
4c
Common
(monthly)
Common
Common
Common
Common
preferred
preferred
$4.50
$4.50
Babcock
(quar.)__
—
■
Works, 7% pfd. (quar.)
Steel Corp.—
Locomotive
Porcelain
Baltimore
—r—
(quar.)_
Wilcox
&
Baldwin
.
—
J
Chickasha
Chile
8-15
Cincinnati
4%
8%c
10-1
8%0
1-2-50
12-H
Barnsdall Oil Co
for
(called
,-vv.
plus
9- 1
75c
——
9- 3
8-17
0
9- 1
9-1
8-2
20c
;: 5c
9-12
8-22
8-26
,
i- Class
30c
12%c
6%
Blauner's
(quar.)_
(Phila.)
60c
$1.75
common
v
Tobacco
Bros.
6%
preferred
Blumenthal
Borden
(quar.)
(Sidney) & Co. (quar.)
(interim)™™™^..™..™-.-
Company
Fund,
Inc.
(quar.)_™___„x.
Boston Real Estate Trust 4quar.)»i
Bower
Roller
Bearing
Co
Co., Ltd., class A
Brockway
Motor
Union
Brooklyn
Brown
Co., 6%
Brown Rubber
(quar.)
Co
Extra-
Brunner
•
-•
Co., common
4'/2% preferred (quar.)
Buckeye Pipe Line—
Budd
Company,
$5
prior
Bullock
$7%c
$7%e
preferred
Burns
&
Co.
$1.25
—
A
pref.
B
Adding
—-
$5
Bros., 4Vi% preferred (quar.)
Butterfly Hosiery Co.. Ltd., com. (quar.)
Electric
California
Packing
preferred
Power
Corp.,
5.30%
Service
preferred
Co.
States
5%
Canada
Cement
Canada. &
Dominion
Foundries
Ltd.-
$4.52
Container
8-20
.4%
Porgings,
Ltd.—
$3
'
"■>
$20c
t25c
•
i
Corp.,
$25c <
Ltd.,
preferred
5%
Common
(accum.)
preferred
preferred
(quar.)
8%
preferred
$3
preferred
A
Capwell, Sullivan & Furth,
6% preferred (quar.)
~
Carpenter Paper
4%
v
preferred
Co., common
(quar.)
Carpenter Steel Co.
Carrier
4%
Corp.
(quar.)
common
preferred
(quar.)___—
pfd.
-
6%
8- 2
Federal
Insurance Co.
37 Vic
8
9-15
75c
10-
56V«c
9-
1
1
1
8-15
1
9-
8-1*
Firestone Tire
10c
10-
1
9-20
First
$1
9-
1
8-20
9-15
11-
*
■
:.
1
4%
9-15
10-
9-15
$1
10-
9-15
4%%
25c
9-
8-15
25c
9-
8-20
Ford
2nd
Class
8-
8-31
$37 % c
~
9-
8-31
7-29
8-20
8- 8
Fort
9-
$1.13
$1
1
10-
10-
75c
$4.20 preferred
& Forster
Crum
1
8-11
$25c
8-26
!
$25c
8-26
8- 5
425c
8-26
1 8- 5
425c
8-26
8- 5
25c
12%c
J 9- 1
8-15
8-1
37%c
10- 1
9-15
$1
5c
9- 1
8-16
8- 1
>
8-
1
9-
10-
Class
B
Extra
9
6%
& Kleiser
prior
Freeport
9-15
Steel
Gabriel
1
8-16
Gair
Co.
1
8-16
Galr
(Robert)
9-
1
8-15
9-10
8-22
10c
'
6%
6%
of
8-22
25c
8-
3
10- 6
Cuneo
8-26
8-31
-*8-12
7-15
9-1
non-cum.
10-
Davis
preferred
,
(quar.)
& Company,
Special?
1
9-23
50c
9-6
8-20
$1
11-1
10-20
1
1
8-15
10-15
9-30
*
•
1
10-
:
9-16
>
8-15
•9-
8-1
1
9-
1
8-.1
1'
9-
•
9-
8-1
preferred
preferred
Dennison
Voting
Denver
Mlg. Co.,
Stock
•'
$1
9-30
Derby Oil Co.
(
A
Co.
(quar.)
pfd.
9-1
8-20
8-15
7-25
25c
8-15"
7-25
60c
9-
8-15
-
1
9-10
9-10
;;yL-" 35c
•.
(quar.)
Dewey & Almy Chemical Co. (interim)
9-30
:
.
;
(quar.)
.
9-30
$1.50
25c
(reduced)
Detroit-Michigan Stove, 5%
5%
preferred (quar.)
9-10
$1.07
quar.)
ZZ"
(Kansas)
8-29
'
02 %c
common
Derby Gas & Electric Corp.
8-10
9-20
$1
(quar.)
Yard"
8-10
1
■
(initial quar.)
common '
Union
8-10
r
9-1
35c
9-1
9-7
.
*
3.70%
4.28%
9-16
1
9-18-
75c
v
9-15
1>
9-I8:
:
25c ;
.
9-16
,11- 5
8-15/ r 8-1
$37'/ac
"ZZZZZZ !
ZZZZZZZ"
(quarZ)"
9-16!
/
10- 1:
'10-
25c
$17%c
: V 25c
9-17
11-15
50c
(quar.)™"""
8-12
9-30
10-
$1.75
75e(
,
8-12
'
87%c<:
•
'
9-30;
$112%
ft
(quar.).
<quar.)_a.
;,,*
preferred (quar.)
Delaware & Hudson Co. (quar.)
Delaware Power & Light, 4% pfd.
7-15
9-1.
$1.25
8-20
8-
25c
9-27
9-15
.
.
:
'
,-Z
•
7%
Baking
5%
56V4c
(quar.)
15c
preferred (initial s-a)
Builders Supply
6
Corp.,
Corp.,
25c
$1.75
9-15
9- 1
/ 8-1
8- 8
-
: 9-19
9- .1
9-15
9-30
9-15
8-15
.
8-15.
8-15
8-1
25c
$1
,11-25
.11-10
$1
9-12
7%c ;
(quar.)
(irreg.)
11-25
,* $1.75 '.10- 1
7% preferred (quar.)
,11-10
8-18
v
9-16
$1.75 1-1-50 ..
.General Foods Corp., common (quar.)YoBOq y,?, 7-25*
General Metals Corp._„__
—i
Y 50c
" 8-15
"7-30
General Mills, 3%% preferred (quar.)___
y, 84%c
9- 1 L 8-I«*
-'-'General Outdoor Advertising Co., common™
Y ; 35c 9-10// 8-20
6% preferred (quar.)
,—~™_
:. $1.50 *> 8-15
B-Jl
General Paint Corp. (quar.1—___:
37 %c '^ 8-15^,. 8- 1
General Plywood Corp. 5% conv. pfd. (quar.)
25c
9-:l; ' , 8-16
General Public Utilities Corp.
(quar.)
:—
20c "> 8rl5,
7-15
General Refractories Co." (quar.)„__
—
r* 50c Y 9-28
9- 7
General Steel Castings, $6 pfd. (accum.)—
$3 y 10- 1'C 9-20
General. Steel Wares, Ltd.; common
$20c
-8-15 i, 7-lB
General Waterworks Corp., common™-—;__
10c
9- 1
8-22
Gerity-Micbigan Corp.Y (quar.)_„
..'V 10c V; 8-318-15
,Gerrard4(S. A.) Co., 5% preferred (s-a)
;
.'25c
11-30
ll-?5
Glidden Company, common (quar.)i_„„_™
40c
10-1
9-,2*
V';' * 4%% 'convertible preferred (quar.)______ .<56'Ac^. 10- 1
9-2*
Godman
(H. C.)
6%
preferred (quar.)___
37%c
9-* 1 *
8:^0
Goebel
Brewing Co.
(quar.)_;
,10c.
9-12 ' 8-23 ;
Extra
Zl:
_i_™.
lOe
9-12 ' ' 8-23
Good all Rubber Co. (quar.)
—
15c
8-15 *
8-1
Goodall-Sacford, Inc., common (quar.)
'
37%c
.
9- 1
8-15
4% preferred (quar,)
1
—> V
($1
9- l . 8-15 i
;Goodyear Tire & Rubber, common (quar.)__
$1
9-15
8-15 f
$5 convertible preferred (quar.)^—_____
$1.25
9-15
8-15
Gorham Manufacturing Co..
$1
9-15 ' 9-'I f
.Gossard (H. S.) Co. (reduced)-—
—
25c
9-1
8-5
Grace National Bank (N. Y.) (s-a)
S2 :
9-1
8-26
Grafton & Company, Ltd., class A (quar.>—
$25c
9-15
8-25
Class A (quar.)
."
1
• 425c
12-15
11-25
Grand Union Co.
-25c
8-26
8- 8 (
(quar.)
7%
>
preferred (quar.)__
;
,
„
•
'
-
,
>
—
•
50c
8-15
8-10
11-15
11-10
Great
Lakes Dredge &
8
7-30
Great
Lakes
8-
8-19
12- 1
8- 5
'
10- 1
preferred
50c
15c
8-13
8-19
,
9-1
10c
31'Ac
common
common
A.(s-a)_
4% conv. preferred C (s-a)
General Fireproofing Co., com.
r
8-15
''' L
$2
preferred (quar.)
Co.,, common (quar.)
preferred (quar.)
—:
Finance
9-10
12-20
8-15
Co.
conv.1
General
8-23*
9-1
10c,
common
7%
8-15
11-15
(quar.)I
,u_.
common
5%
8- 9*
,
8-15
:-L"Z-$i-'
_
Deere
General
1
Z
Corporation,', common
__
Leather Co., Ltd., class A."(quarZ)
B
(quar.)
$8 preferred (quar.)__.
9-20
9-15
$50c
pfd. (accum.)_._
(quar.)..^.™^....^.
A.
Z
8-12
1
8-27
50c
(quarZ)ZZ
Co.,-$7
class
-Z
i
25C
Publishing
8-20
9-
o-
$1.50^
-
..
Prers, Inc.; 3V2%-preferred <quar,)_
Clothing, 4M* % preferred (o'uar.)
9-1
>
Z~~
(quar )
Curtis
Class
1
$$1.25
-
$4 prior preferred
■Curtiss-Wright Corp.,
(quar.)
General Cigar
Ourlee
'■-n-v-$2
(quar.)'
8-15
9- 1
9-10
30c
30c
25c
4% pfd.
(quar.)
Ltd.,
Company
preferred
preferred
4%%
k
.
>■
4$1
10c
Co._
Canada,
Company (quar.)
Gar Wood Industries, Inc.—
7-22
8-15
'
b-15
[Franklin])
(quar.)
Gamewell
arrears.
pfd.
(quar.)
(see Simon
Co.
Sulphur
9-
8- 5
Corp.
preferred
Franklin Simon & Co.
8-25*
1
•
Bridge Works (quar.)
Co. (quar.)
Pitt
9-
$5
(s-a)1.
9-20*
8-15
Ltd.—
A.
Foster-Wheeler
5
~
(quar,).
Corporation
(quar.)
(quar.)„
25c
.
of Canada,
Co.
8-19
9-15
93 %c
-
Cuban Atlantic-Sugar Co.,-5%
Uulver
common
(quar.)
Extra
1
9- 9
8-19
.
25c
8%
8-15
8-19
8-15
$15c
-
8-31
9- 6
: 9- 6
9-15
9- 1
9-10
(quar,)_
A
Foster
50c
$1.12%
Mills, Lt«U
3%% preferred
preferred
.
9- 1
preferred
Motor
9-15
(quar.)__ZZ
com.
-
$1.12%
(quar.)
(quar.)
Corp.,
4.90%
25c
~-
Inc.,
$2.50
$1.12%
50c
9-1011
Florida
comnntn
conv.
:
preferred (quar.)
preferred (quar.)
Power & Light Co.—
10-
75c
5%
9-15
8-20
11-20
9- 5
8- 1
8- 1
preferred
Power
90c
(quar.) _Z„_ZZZ.ZZZ~Z~"~ L$1.05r
preferred (quar.)
" j
$2 Cuban-Americam Sugar Co.,,7 % pfd. (quar."
$1.75 !
^
8-12-
1- 6
1
Corp.,
40c
$2.50
9- 1
12- 1
1st
Florida
•'
$13c
preferred (quar.).^.
$4
"8-29
;
-
Imperial
.
9-20
10- 1
$1.50
$1.50
30c
$1
$1.22%
1st preferred
6%
10- 7
pfd.
(s-a)
Corp.
•
8-12
1
4%%
& Rubber,
Stock
Bank
6%
40c
Investors*
Petroleum
(quar.)
8-18
-
40c
Fitzsimmons Stores, Ltd.—
$1.25
(quar.)"
$$4.12
______
___.
$1.50
___
_
(accum.)
(quar.)
J.
8-9
8-13
8-lb
8-16 " 8-11
J 7-1$
$$1
(N.
' ;8-2fe
(s-a)
Semi-annual
pfd.
,
'
''
10-1 r Y9-15
11-1
10-15
$2.50
50c
Federal Mogul Corp. (quar.)
Finance Co. of America at Baltimore, cl. A_
Class B
i—
9T 6
9-
25c
-Crown Cork & Seal, Ltd.
•Crown- Zellerba<fli Corp.
8-10
-
1
9-13
Grain, Ltd., 6%%
8-
$25c
(quar.)
Crown Cork & Seal Co.,
82
preferred - (quar.)
9-1
9-
Federal
T
9-
3- 1
50c
7-30
8-3
12- 1
25c
8-15
9-
75c
8-12
37Vic
50c
1
8-15
d$1.25
•
8-29
10- 1
'
Co.—
Syracuse,
Fashion
8-19
11-15
10- 7
9-1
(quar.)
Insurance
Traders Life
&
7-29
■
9- 1
12- 1
11-1
9-12
50c
50c
(quar.) _______
N. Y. (quarterly)
Park, Inc., (quar.)
Federal Fire Insurance Co. of Canada
1
9-15
3TV4c
(quar.)
8-
$1.50
>. ;.•
1
9-14
$1.25
$1.25
425c
'25c
_™——__™™_j$0.185625
preferred ' (quar.)
4"%%
"7-29
8-15
"
common
7-29
7-29
r
8-15
(quar.)„„^
& Co.
93%c_
9-16
«
10-
10-1
20c
—'_™
Morse
8-15
37%c
:
pfd.
8-15
9- 1
7 8-15
..
Falstaff Brewing Corp.,
Farmers
8-15
6c
Company,
(quar.)Z~~
Crompton & Knowles Loom Works, com.
9-
9- 1
(The)
Fairbanks
7-29
8-31
1
10..
8- 6
1
9 - *2
10-1
$$2
8-25
ZZ
IZZZZZZZZZZZZ"
Dempster Mill Manufacturing
(quar.)
Fair
8-
8-12
8-15
10-
<
1. $30c
75c
6%
7-20
8-15
9-10
9-12
8-31
8-15
$$1.25
(quar.)
8-15
$1.06%
>
Mill'., Ltd., 5%
*200
8-10
i
ZZZZ
(quar.)Z
(quar.)
<Crane
9-1
$$1
-
(quar.)
18 %c
$5
$1.66%
*
$20c
Canadian Tire Corp., Ltd.
(quar.)
Capital Administration Ltd.—
Esmond
pfd._ZZZ
7-30
10-
-
-$$2.50
(quar.)_
5%
8- 8
(DeFJ~~
The above payment clears all
Dana
•
_•
4%
9- 1
(initial)
preferred
9- 1 • / 8-19
$1
25c
preferred A (quar.).
preferred A (quar.)—
$5
Cosden
Cos., Ltd.—
(quar.)
25c
~
7-30
2-2-50
50c
Canadian Oil
8-15
8-12
Ltd—
.
1
9-1
Cosmos
11- 2
J25c
,
Reduced
Trust,
9-
Co.
Railroad
Erie
$37%C
Ltd
Investment
45c
,
8-10-
8-1
Foreign-Investment
7-25
(quar.i
Products
-
C-12
V 8- 1 <
10- 1
' 9-15
9-30
9-lb
10- 1 * ' 9-15
$1.25
:
(quar.)__
—
$1.5fr-prior preferred series A (quar.)™
1
50c
common
8-19
$1.75
80c .jwreJeried
v
9-13
8-
$1.12 ft
(quar.)
9-16
8-12
8- i
9-30
25c
General
8-31
International
7-26
9-30
20c
Light & Power
(quar.)
America,
(quar.)
8-19
8-17
9- 8
8-31
■
8-12
ii.
B
Gearko, Inc., 6%
-;'8->l
Canadian
8-15
Class
8-12
8-22
Canadian
Co.—
5% -preferred (quar.)
Employees Credit Corp., Class A
r
7-30
10-1
-
50c
87 %c
(quar.
of
,
25c
50c
25c
r
8-15
v "8-22
Co.,
8-1
9-2
9-2
8-19 > 7-22
9-15
8-16
9-21 • 9- l
30c
(quar.)_
7% "preferred
(quar.
Empire & Bay State Telegraph Co.—
4% guaranteed (quar.)^...
1
t8%c
7-30
9-1'B
_
—»
Common
1
common
12- 1
10-14
10- 1
10- 1
25c Z
i
Ltd. class ~A_"Z
Corrugated Paper Box Co., Ltd., commonZZ
5% preferred (quar.)
9-20 ;1
-
(quar.)
——:
Inc.
Corporate
Canadian Car
com.
7-30
9-
ZZZ
Ltd.___L.___
Varnish,
non-cum.
Coro,
9-
'
&
Cornell Wood
'-v'9—1
Co.,
8-15
420c
preferred! (quar.)
Paint
7-30
9-20
•
Corp.
f
A^
9- 1
9-15
12-15
11- 1
10c
$1.50
___™™-™„_-_._
class
Co.,
Drug
Class B
7-30
Ltd., 50c ~class~A
(Reading, Pa.)_„_Z
prior preferred
5%
8- 5
8-15
9- 1
7-30
9-15
t37ViC
& Foundry
(quar.)
Canadian Dredge & Dock
Common
i
8-15
common
Co.,
common
Emerson Electric Mfg. Co.,
9-16
9-
>
8-15
Empire District Electric
(quar.)
Co.
Ferries
prior
Emerson
8-25
9-15
$20c
Cooksville Co., Ltd., class A (quar.)
Copeland Refrigeration Corp.
Copper Range RR. Co.—
,8-3
9-15
Safeway,
A
1
9-10
15c
io nlenta^ ^an ®0,» common (interim)™.
8-15
$25c
Electric
preferred
$3.75
Cook
Ltd., 4Vi% pfd, (quar.)^. $$1.12Vi
Canadian Breweries, Ltd. (quar.)——
;■
$50c
Class
10-
20c
50c
C
preferred
8-15
—$15c
Class A ^quar.)„—
Canada
8-16
6%
430c
common
$4.50, preferred (quar.).
8-15
0-30
-
preferred
8-15
$2.50
Ltd^-I.
8-10
1
.ZZZZZZZZZZ.
C°i!iSc«ers Power Co-.
8-8
$32y2c
Sugar,
&
1
'
Glass
'
Canada
99-
9
8%"T)referred (quar.)„_
Consumers
•
;
8-10
20c
Gas
:
—
Ltd.—
1
87 %c
Consumers
4%
8-8
1
v
Gas
preferred B
8-16
,
$1
Co.,
9-
8-15
50c
Co.
Baltimore,
4V2%
?
9- 1
8-15
.
Coal
Consolidated
V
1
50c
$1.30 preference (quar
Canada
Crushed Stone,
preferred ' (quar.)
Electric Hose & Rubber Co. (quar.)—
(quar.)
preferred
(quarZ)ZZZZZZZZZZZZZZZZ
$5
Insurance'
(s-a)
Electric
9-
Common
8-16
8-15
27Vic
33VeC
;
preferred
7-20
1
__
8-19
8-19
9-1
15c
62Vic
'62Vic
(quar.)
& Terminals Co.—
3
9-20
12-15
*
9-1
8,-15,j
7-2*}
9-1.5
Massachusetts Ry.—
10-
Consolidated Theatres,
9-10
9-1
9-15
9-15
(semi-annual)
Special
Camden Refrigerating
8-
1
12-31
55C
(quar.)
Consolidated Edison Co. (N. Y.)—
10- 7
•"
Life
*
8-15
10-
<!>
Connohio, Inc., 40c preferred
9-18- 8
9-1
8-8
25c
50c
(quar.)
California-Western
1
8-22
I ?
v
,
9-15 \t 8-15
■;./Y.'Y\.$$1.12%
8-15 ' 7-15
$1.25
8-31
8- 3
$15c:
9- 1^
8-15
$15c
12- 1
11-15
15c
9- 1
8-19
10c
8-15
8- 4
25c
8-15
8- 4
35c
8-15
8- 5
50c
10- 1
9-21
30c
9- 9
8-19
$1.12%
9-30
9-20
$1.25
10-17
9-15
$1
8-15
8- 1
45c
9-10
8-19
6%
1
8-
$1.12%
(quar.7
Rlve7 PowerPWZ~lquarZ)"Z
10- 7
(quar.)—
pfd.
8-
8-20
4%
8-19
10-28
(quar.).
common
4.40%
8-20
9-
(quar.)
ZZ
Consolidated Laundries Corp. (quarZjZIZZ""""
Consolidated Paper Co. (quar.)^.
10-28
(quar.
Water
3%
(quar.)
Co.
(quar.)
(quar.)
Co.
■
-
preferred A (quar.)
$1.50
preferred A (quar.).
$1.50
6% preferred B (accum.)
:
$1.50
Eastern States Corp., $7 pfd. A (accum.)—
$1.75 v
$6 preferred B (accum.)—
i
$1.50
Eastern Sugar Associates, $5 pfd. (accum.).$1.25 •
Eddy Paper Co., Ltd., class A (quar.)
$25c
Elgin National Watch Co. (quar.)
— •15c
Electric Boat Co...
:
25c
8-1
25c
preferred (accum.)ZZZZ
Conduits National Co., Ltd
Congoleum-Nairn (quar.).
~
Connecticut
Light & Power
ZZ.Z
_
California
8-20
$1.37%
8-15
9-1
-
Co., com.
Eastern
40c
7-26
8- 8
8-10
8-18
8-15
8-15
20c
$1.12Vi
$25c
(quar.)
Butler
California
8-10
,
8-19
7%
Consolidated
$30c
Byers (A. M.) Company (quar.)
Byron Jackson Co. (quar.)
1:
9- 1
C
Connecticut Power Co.
$30c
Co.
9-
Picher
10- 1
6%
Telephone Co. (Wise.)
(quar.)
preferred
Concord Gas,
7-30
9- 1
9-
37Vic
87Vic
87Vic
$1
—
(participating)
Machine
Eagle
$5c
7-29
8-25
9- 6
^
9- 1
(quar.)
Eurroughs
8-10
(quar.)
Investment
Commonwealth
Ltd.—
Class
1
International Corp", LtdZ—~~
9-26
8-17
8-11
6
$1
(quar.)
Class
5%
9-
—20c <
Co,
Burlington Mills, common (quar.)
3V2%
preferred (quar.)
3Vi% conv. 2nd preferred (quar.)
4%
:
12 %c
28%c
20c
15c
(quar.)
9-
Increased
8-8
8- 8
*
_
Ltd
Mfg.
9-15
-
...
1st pfd.
.
$$1,62%
$37'/2C
(quar.)
preferred (quar.).
1
(quar.)1™
Co.
preference
(quar.).
Brudstreet, common
S:
4%%
Duquesne Light Co., 5%
Dwight Mxg. Co
35c
_ZZZZZ~~
Commonwealth
9-7
8-13
9-30
9- 1
9- 1
8-25
9- 2
9-20
8-15
8-16
9-1
9- 1
9-1
9-15
9-15
9-15
9- 1
9- 1
9-15
——
(quar.)
(quar.)—
common
preferred
Fund,
Burkhart
-
_™
Mfg.
4%
Dun
10-
1
ZZ.ZZZZZZZZ
common
Power
Carbon
Commonwealth
8- 1
50c
40c
$1.50
25c
$30c
-—
Gas Co. (increased)———
preferred (accum.)___
(quar.)
Bruck Mills, Ltd. class A (quar.)
Class B
(quar,)_™_„
5
$1.25
(quar.)
(quarZ)"
Co.
Common, Ltd.
8-15
$12%c
>—
Co.
7-15
15c
(quar.)
Co.
Cehtral
Columbian
25c
25c
$1.50
15c
60c
16c
50c
75c
(quar.)™
Boston
Bowes
Foil
Colorado
25c
(quar.)
common
8-15
>
ZZZZ
dividend>ZZZZ
(stock
$3.50 preferred (quar.)_
Collyer Insulated Wire (resumed)
75c
Co.,
7-26
(quar.)
(quar.)
Colgate-Palmolive-Peet,
'
<
$3 preferred (quar.)
Blaw-Knox
Co.
(quar.)
Bloch
8-15
.
9- I ;'v, 8-12
9- 1
8-12
8-15 .-v 8- 1
60c
$1.50
—
common
8-
7-30
35c
"""""
Z
8-19
7-29
7-29
7-25
8- 8
9-2
(quar.)
(quar.)
8-12
9-14
10c
_
(s-a)
9-1
8-15
8-15
8-15
9- 1
10-1
35c
|25c
$5c
SOo
preferred
9- 8
8-15
s-a)
dividend
5% conv. preferred (quar.)
Columbia Gas System, Inc. (quar.)_
Columbia Pictures Corp., $4.25 pfd.
preferred (quar.)
Bigelow & Sanford Carpet Co., Inc.—
Common (quar.)
——
:
10-14
Dow Drug Co.
(quar.)
Drackett Company, common (quar.)_
4% preferred (quar.)
Dravo Corporation, common
8-20
$1
____
20c
25c
Quarterly
5
8-
1
35c
(increased
8-15
7%
:
8-15
9-
8-31
V
8-15
Associates—.™—
Corp.
25c
I
9- 1
Ltd., cl. A (quar.)
Steel
8-16
common
9- 1
& Sons,
Bethlehem
1
25c
preferred
$1
$1.06(4
Spinning
Best & Company
9-
Colorado Fuel & Iron Corp.—
Fine
B
9-15
425c
50c
...
com
8-15
8-31
8-31
8-1
9- 1
10- 1
10-1
8-15
$1.18%
t$l.50
$$1.75
(John)
Berkshire
Bertram
9-15
1
$1.25
$1.20 preference (quar.)
Cockshutt Plow Co., Ltd. (quar.)
8- 8
.
4%% preferred (quar.).
_r_—
Belding-Corticelli, Ltd., common (quar.).
v 7%'
preferred (quar.)__
——
Belding Heminway Co. (quar.)_.
Bell & Howell Co., common (quar.)
f
4'A%
preferred (quar.)
1
(quar.)
Cochrane-Dunlop Hardware, Ltd.—
Class A (quar.)
8- 2
Cigars, Inc
_____
.«—
Bayway Terminal Corp.——™.—
Beck (A. S.) Shoe Corp.
1
10-
10-
"
Co.,
Chemical
Cochran
$37C
Extra
8-15
9-
25c
25c
Electric, common
preferred
Clorox
Bayuk
9-13
$1
Industries, Inc.
Monthly
^
Monthly
ZZZZZZZZZZ
----
„
(quar.)
1
Clinton
15c
»12%c
A
10-
5%
Dominion
25c
special guaranteed stock
regular guaranteed stock
7%
'«
'
8-
20c
(quar.)
preferred
4%
i,,
Bathurst Power & Paper Co.—
Class
&
Investments, Ltd.—
(accum.)
Stores, Ltd. (quar.)
Donnacona Paper Co., Ltd. —
4%% convertible preferred (quar.)_
Douglas Aircraft Co., Inc. (quar.)„™___™
"Dover Industries
(quar.):
8-12
$1.12%
Inc
8-1
8-17
Dominion-Scottish
5
1
Illuminating Co., com,.™
preferred
(quar.)
Cleveland & Pittsburgh RR. Co.—
9-3
(quar.)—.
pfd.
8- 8
8-15
9-
Cleveland Electric
«
(quar.)
6%
8-15
40c
50c
$4.50
preferred
Show,
Gas
Utilities
5%%
8-12
preferred
Radio
40C
_~
___
Clary Multiplier Corp.
7%
redemption Sept. 1 at $11 per share,
this dividend) ————.___r_—.
Fund,
Stock
50c
9" 9
n
7-29
(quar.)
City Auto Stamping Co...
City Investing Co. common
1-15
.«'■■■»>
8-10
.
preferred (quar.)„_
Citizens
10-15
,
1
8-31
„.
(quar.).
(reduced)
Co.
preferred
5%
1-15
2-15
3-15
4-15
19" \
9- 1
9-
20c
Anglo Investment Corp., Ltd.—-'"H
5% preferred (quar.)
—
$$1.25
Dominion Eridge, Ltd. fquar.)
$30c
Dominion Gas & Electric, 4%
pfd. (quar.)
> $$1
8-15
8-31
^
9- 1
8-25
Dominion &
Cincinnati, New Orleans & Texas Pacific Ry.
11-15
2-1-50
1
,.77,,::™-■
preferred (quar.)
Cincinnati Milling Machine Co.,
12-15
^11-1
8-
4%
8-io
9-15
3-1-50
4-1-50
5-1-50
8-15
-
..
8-15 r:,' 8- 1
10c
1
40c
(quar.)
n
15c
(quar.)
8-
Oil
Corporation
fquar.)
Inc.
8-31
B
Company
Cincinnati
7%
Baltimore
Copper
Chilton
Chrysler
Houses,
■Extra
Dodge Manufacturing Co. (quar.)_.___„A.™
Dominguez Oil Fields (monthly)™.™
;
Corp,
(quar.)_„ _
(tvT-.B.
Cotton
Dobbs
8-15
Co.,
preferred
1
9-1
5% conv. pfd,, A (quar.)
(quar.)..
Chatco Steel Products, Ltd., 5% pref (s-a).
Chesapeake Corp. of Virginia (reduced)
Chicago Yellow Cab Co.
Candy
5%
class^ A
$2.50
1
8-
85c
Corp.—
(quar.)
West
9-
1
9-
7ac
75c
25c
V 62 %c
-—.
common
25c
^^™...__
8-19
2-1-50
4c
$1.12
$1.12
"■ $1
$1.05
Chase
^-19
*-1-50
Power
Soya Co.
9-15
Cup Co.,
(s-a>
preferred (s-a)
(quar.)
participating
Dixie
1-
,
Payable of Rec
9- 1
8- 9„
9-1
6-_«
S-l-50
9-26
9-10
• 10- 1.' ,f 9-10.5
8-15 > 8->*l
Share
37Vic
'
(quar.)
participating pieierred
6%
,
Co.
Holdert
When
Per
Match
$1.25
(quar.)
preferred
5%
Diamond
8-10
!
8-25
7
2c
(quar.)
Paper & Fibre common
$4.50
preferred
(quar.)..
Chapman Valve Mfg. (special)-
8-10
9- l
10- 1
11-1
12-1;
4c
4c
4c
Co.
Building™..
South
Extra
8-15
9- 1
Y.
Warehouse
Champion
8-15
»- a
7-30
8-12
8-12
8-12
7-29
;
9-15
9-15
4c
———
——
8
Storage
preferred
&
Central
\
«
9-1
25c
(quar.)—
(montaly)—
common
(monthly)
(monthly)
Common
3.40%
Central
i
^-12
J5c
410c
U2%c
common-—
Co. of America
9-1
9-30
8-15
9- 1
9- 1
9- 1
9- 1
40c
51-50
$1-75
$1.50
fl
(quar.)—
'
or
«
10c
(quar.)_
Automatic Canteen
N.
o-w
9-15
£0c
—
Ltd.,
Co.,
Central
■
9- 1
—
RR.——
Ltd
Mines
Gold
Electric
Auto
Line
Coast
Atlantic
Louisiana Electric Co. (quar.)_™_
o"
2nd
Aunor
Central
9-15
Co.
preferred (quar.)—
preferred (quar.)_
Atchison, Topeka & Santa Fe Ry.
6%
Hollywood
,
25c
430c
(quar
Stores Realty
Central
»-ij>
*0-15
8-15
50c
Foundry Co.,
7-2J
8-15
9-lb
7-30
8-31
$1.05
Central
9- 1
10- 1
9-30.
8-10
9-
>
.
Name of Company
8-15
50c
quar.)_„
Detroit
n",Z
(quar.)
Co.
Ltd.
Chain
(initial
Cold
Central
93-/4C
91
(initial)
Dry Goods Corp., common (quar.)
Associated
preferred
1
$1.12%
6%
J-'J
J- j
/2
preferred (quar.)
—-•
Armstrong Cork Co., common
$3.75- preferred (quar.)™.——*—<%•<
$4 preferred
(quar.)
™_„_™_
Art Metal Construction Co._
__
.
r
4.20%
;
V,
Payable of Ree.
50c
Centra 1
_
H
Holder*
When
a
Share
>
®
t$l.12%
Arizona Edison Co., $5 preferred (quar.)-.:
$1.25
Arkansas Western Gas Co. (quar.)-™20c
Armco Steel Corp., common
(guar,
62 he
4%%
r
Caterpillar Tractor Co.—
New
common
(initial)™
8- 5
,
JloCv
Argus Corporation,
Company
Carson, Pirle, Scott & Co., 4%% pfd. (quar.)
Castle (A, M.) & Co. (quar.)-,—
a
-----
—
Name of
r
«
«
9- 1
>•
.
jj"
i
a
M%c
Diced
of
common)
America Co.
Cream of
-
—
-
dividend
Stock
J
,nl,
(quar*)-—
participating preferred
Participating
<
--
—
of com. stock
America Co.)-.—----
of
Cream
Per
Payable of Rec.
9-1
9
Share
,50c
Name of Company
1949
Monday, August 8,
CHRONICLE
FINANCIAL
&
Holdert
When
Per
*
COMMERCIAL
Dock
Engineering
(quar.)
Works:
.
25c
8-15
7-29*
15c i
9-15
9-'7
;
Volume 170
Number 4827
THE
Name of
Great
Company
Eastern
Plains,
N.
Fire
Y.
Share
T
Co.,,
Kirsch
I
(s-a).
30c
.
9- 1
8-22
1
8-21
9-
10c
t75c
Great
iao«
Felt
West
8-23
8-15
7-20
10-
1
8-31
8-31
7c
I
Electrical Equipment
Food
-
4
,
Bond
v'w
—,
Company'
„„„—,
Petroleum
; $5
$5
Lime &
Quarterly
Alabastine of
Gypsum
(John A.)
8-31
8-16
Lansing Company
8-31
8-16
Lanston
9-12
8-15
9- 1
U- 1
Well Cementing Co.
1
9-
1
Life
8-15
9-30
9-15
37 y2c
(quar)._ !
Salt
Mines,
Co.
Savers
&
Lincoln
National
Myers
Hamilton
Cotton
Co.,
Hamilton
Watch
Co.
Haromermill
4Vt%
•
Paper
1
8-10
1
9-15
10-
1
9-
1
8-10
Lionel
9-15
Liquid
Carbonic
9-10
8-19
(quar.)
common
$1.06 V4
(quar.)___
10-
Class
(quar.)
$1.12 Vi
10-
1
9-10
50c
_,
9-
1
8-15
9-
1
8-15
B
9-
1
8-15
9-
__
(quar.).
,*+
50c
—
Powder
(stock
5%
Co.,
5% preferred B (quar.)
Hibbard, Spencer, Bartlett &
Reduced
j
8-15
7-27
33V3%
11-11
10-31
$1.25
8-15
a- a
Common
37%c
8-15
7-26
$1
8-15
9-10
9-
1
Hotels
j> 4%
8-26
20c
Hires
(Charles
E.)
(quar.)
Co.
9-20
10-28
10-18
1
8-19
25c
(quar.)
common
9-
50c.
1
,
(quar.)
9-
1
8-15
8-26
$1.06 Ye
9-27
9-27
9- 2
62V2c
8-15
8-15
5$>
Co.
(N.
Sound
Howe
Co.
(quar.
Hudson Motor
Car
Co.
Extra
Stock
div. /(one
50c
Indiana
Gas
class
Water
8-
6
9-10
56V4c
8-11
5%
8-
1
9-12
9-
2
9-30
9-20
Mallory
12-30
12-20
Maltine
.
Magor
8-15
preferred
1
Quarterly
$3
9-
1
8-
30c
9-
1
8-17
Massey
20c
9-
1
8-10
$1.25
$1.25
10-
1
9-10
9
Steel
Co.
9-10
17C
9-
1
$2
•
1
8-
50c
-
99-
1
Group
Stock
Shares
!____
(s-a),
8-17
8
2 Vic
International
$3.50
Educational
preferred
International Harvester 7%
International
Holdings,
Silver
pfd.
Stock
on
25c
.9-1
40c
9-15
(quar.)
Lake
I 7%
.
&
Stock
V
"7'
"
/
Kentucky Utilities Co,
preferred
$5
9-12
8-31
9-12
8-25
11-15
10-25
65c
$1.25
:
.
5C
15c
:t/-
$1
:/
8-17
4
preferred
conv.
1
5
1,
9-
2
Mid-Continent
10-
1
9-
2
Mid-Ccntinental
8-15
8-
6
Mid-West
9-10
9-
l
8-30
Z
8-15
ft
$1
Minneapolis
10c
9-30
9-10
25c
9-30
9-
2
2
(G.
Extra
prior
,
R.),
Inc.
_■
preferred
9-
8-25
$1.18%
Corp. 6% prior
preferred
(accum.)—
new
9-30
pfd.
(quar.),,
9-
1
8-15
__
(quar.)
—_■
(quar.)ZZ—Z~_—II™
10-
1
9-
1
8-25
10c
9-
1
9-26
9-
9
5c
9-26
9-
9
$1.25
8-25
8-10
9-23
8-15
8-
1
$1.50
conv.
Missouri
5%
2nd
Utilities
(J.
1
8-10
8-15
8-
3
Mitchell
Stock
York
Dock
York
Co.
State
York
9-
1
8-15
Bank
9-
1
8-15
9-
1
8-15
Chemical
9-
12-
Stock
S.)
(Robert),
Electrical
8-
2
Food
1
8-
5
Government
1
8-
5
Insurance
9-
1
8-
5
8-15
8-
1
8-15
8-
1
Metals
Manufacturing
dividend
Oil
Public
10c
8-15
7-29
11-15
Railroad
5
8-25
8-
5
8-25
8-
5
8-25
8-
4c
8-25
8-
5
14c
Fund,
8-25
8-
5
8-25
8-
5
1
9-12
Steel
10-
1
9-12
Tobacco
10-
1
8-25
8-
5
Series
5c
8-25
8-
5
5c
8-25
8-
5
12c
8-25
8-
5
15c
8-25
8-
5
9c
8-25
8-
5
25c
8-25
8-
5
15c
8-25
8-
5
4c
8-25
8-
5
7c
8-25
8-
5
5
8-
1
Investment
Fund
Series
•-
Equipment
Series
10c
:
Newmarket Manufacturing Co.
1
8-16
8-15
8-
8-31'
8-19
1
11-30
11-17
8-22
8-12
9-
Hundred
North
$2
Mining
American
North
Corp,
Car
American
Partial
9-15
8-15
Power
&
1
"8-19
North
American
10-
2
10-
8-20
Light for each
Investment
preferred
four
common
Northern
30c
8-15
7-25
Northland Greyhound Lines—
$1.37 Vi
8-15
7-25
preferred
shares of
preferred
Gas
(quar.)
7-25
9-16
9-
1
9-
1
4V2%
preferred
Service,
(quar.)
9-
8-15
5y4%
preferred
1
8-15
1
9-15
9-15
$50c
12-15
11-15
50c
8-
8
8-
9
7-18
9
8-10
8-10
7-13
$10c
9-30
50c
V i.
8-1&
9-
9-10
50c
10-1
2
8-29
.
9-21
Bancorporation
y--.r.>.-z
1
8- 2
9-20
<
'
8-31
9-20
8-31
9-12
8-
10- 1
9-21
8-25
8-10
1
20c
4
1
9-
1
8-15
$1.31%
common
9-
$1.12%
9-
1
•>8-15
50C
10-
1
5c
States Portland
Quarterly
Oil
(quar.)
Public
Northwestern
•
93%C
10-
1
8-15
Cement—
-•*.
—
Co
9-21
'
common
(quar.)
—
9-15
Ohio Associated Telephone $2.20 pfd.
(quar.)
$25c
10-
1
8-25
$$1.75
Ogilvie Flour Mills, Ltd,
7-28
33y3%
Northwest
Northwestern
Oceanic
*
9-
25c
(quar.)——
1
8-22
9-15
60c
—
8-15
9-
8-31
9-
'
9-16
10-
8 x5
1
$1.50
(s-a)———
25c
10-
1
9-10
9-
(accum.)
Liberties
mc
t$l
9-
25c
$1.37%
8-20
$1.25
2
held)
(accum.)
7-25
1
8-
Corp.—
2
25c
8-15
5
25c
;
8-10
33/4%
2
75c
Ltd
20c
6%
8-
common,
American
5V2%
5
8-15
liquidating distribution (one share
$8.50 par value, of Kansas
73c
new
8-
$$1
Corp, common (quar.)
(quar.)
Company—
8-25
$1
——
preferred
conv.
8-
9-
fc
(quar.)
'
Normetal
8-18
5
Dock—
!
A
Ry, common (quar.),—
4% adjustment preferred iqusr.)
8-15
9-12
ser
Norfolk & Western
1
1
& Dry
Corp.
Chemical Co. 4% pfd.
Noranda Mines, Ltd. (quar.)
Nopco
9-12
10-
Shipbuilding
Newport News
Nineteen
8-15
37 Vic
(quar.)—_—
8-
50 7
Series
8-
8-25
20c
—
8-25
10c
14c
Series
1
8-15
5
60c
10-
250
1
5
8-
8-
15c
Fund
;
Coast
Utility
20c
(extra)
5
8-25
8-25
7c
Railroad Series
Series
Pacific
5c
Co.
5
5
8-
Z
7-30
15c
—
88-
10c
Series
7-29
9-
9
9
Series
Bond
Stock
8-15
>.
9-
8-25
Series
8-15
80c
9-
7-29
1
8-25
Machinery Series
Merchandising Series
a
*•
1
8-15
10-
10c
1
99-
8-
2
8c
9-
8-20
9-
8-15
8-25
Series
25c
9-12
V
10c
Series
$1.06 V4
-
10-
93 %c
—
Stock
9-15*
60c
Ltd
1
8c
Preferred
9-30
35c
—
1
9-
Shares
30c
Ltd—,
10-
$2
7
8c
Investment
$1.12 Vi
(quar.)
$1.50
Series
Industry
Diversified
$1.12 »/a
(quar.)
8-15
10c
Diversified
8-17*
15c
(quar.)
8-19
1
6c
Bond
8-31
$1.62Vi
(quar
9-
9
9-
pfd
Series
50c
4c
—
1
9-
Z
1
$1
(quar.)
10-
Gas—
1
37ViC
Co,
non-cum.
&
Diversified
37 Vic
(quar.)
$1
Building Supply Series
(quar.)
8-5
8-10
1
75c
Series
30c
common
(quar.)
Series
$1.75
(quar.)
1
1
Series
62>/2c
(s-a)
9-
9-
Stocks, Inc.—
Aviation
4
1
85c
8-15
87y2C
preferred
pfd.
(quar.)„
1
11-
8
$1.12%
(quar.)
preferred
9-
Y.)
8
88-
Ltd.—
Common
North
Co,
$5
75C
15c
8-
8-15
8-15
50c
Electric
Agricultural
37 Vic
8-15
1
Y.)—
Co,
Co
43%C
Corp.
(N.
York, Chicago & St. Louis RR. Co.—
preferred A
(accum.)
Brake
50c
Inc.
Co.
Power & Light 4%
Zinc Co. (quar,)
Air
Automobile
$50V4c
*■
25c
Jersey
93 %C
(quar.)
7-27
60c
York
9334c
(s-a)_—
8-10
70c
8-20
—
8-10
8-
8-31
$25c
Jersey
New
1
8-15
;
Power
&
8-20
$25c
Modine
Casualty
9-15
(quar.)—.
9-
-
7-29
9-15
(quar.)
New
•
8-26
<8- 2
8-17
$40c
9-15
8-24
v
-
•
20c
Canada, Ltd
common
7-29
8-15
8-15
$1.06% v '
...
(quar.)__4
433/4c
Pipe Line, common
(auar.)__„—————
preferred
Mitchell
10-
7-29
'8-15
t$l.25-
(quar.)
New
6%
7-29
8-15
50c
Quarterly
8-31
7-29
8-15
25c
Corporate
Kansas
B
Co,
9-15
—
Co,
common,——
preferred (quar.)—
1st
Class-
Meter
preferred
t25c
Co
Co.
preferred
Western
of
7-29
8-15
25c
(quar.)
(quar.)
$62'/2c
(quar.)
8-16
25c
(initial)
$1.50
$1.50
,,
com.
Gas
$5.50
Missouri
Products
8-15
5c
Fibre Co.
4y4%
Amsterdam
New
'
7-29
4c
shares
Brothers, Inc.
3.75%
Minneapolis-Mqlline
9-15
1
basis
preferred
8-15
9-10
50c
8-
t$3
(quar.)
1
20c
8-15
Inc.
9-
(quar.)
8-10
5
•
6c
Increased (s-a)
Newfoundland Light
8-10
.1
8-15
-
""
85c
Petroleum
9-30
com.
8-15
25c; a
(quar.)
25c
Z
Z: 8-10
New
(quar.),
•
Extra
5
(quar. i_
Abrasive
prior
Neptune
8-
Laundries.
Hart.
Common
7-29
preferred called for redemption
at $45 per share.
8-
10-
Miller
Neon
8-15
(resumed)
preferred
Oct.
on
8-5
23c
Michigan Sugar Co. 6% pfd. (accum.)
Michigan Public Service Co. (quar.l
Mickelberry's Food Products, common
$2.40
8-15
New
Michaels Stern & Co, preferred
Preferred
(quar.)'
$2.40
Neisner
9-15
preferred
95c
(quar.).
Kings County Lighting
.
9-29
2nd
J
Fibre
Kinney
8-25
Neiman-Marcus
$2.40
5
4c
1
9-15
8-
10c
8-
'
8-16
8-
shares
9-15
8-19
common
1
8-15
series
Vulcanized
9-15
9-30
(quar.)
Michaels Brothers
8-25
9-10
Company,
preferred
6V2 %
7-25
trade
10-15
9-10
Mercury Messenger Corp. (quar.)
Merritt-Chapman & Scott, common
11-10
5
8-31
20c
(quar.)
(quar.)—
Company .(quar.)
Extra
$6
1
9-10
5%
.
com.
Kerinecott Copper Corp. (quar.),,
Special
—_—,—I
___I
Keyes
12-
8-15
quarterly
9-
8-15
series
H 8-15
5
I
conv.
Retail
30c
a
9-19
of
New
,
1
Naumkeag Steam Cotton (quar.)
Neilsoi?: .Win.),; Ltd, 5% pfd.
(quar.)
10V2c
(quar.)
10-
9c
stock
1
AyL 25c
(reduced)
9-19
series
8-
8-15
7-31
1
lie
9-12
8-15
7-30
10-
50c
are
National
14c
8-15
8-15
-40c
f
1
25c
Ltd,
9-15
:
equipment
25c
Mines,
9-15
1
shares
New
(quar,)
1
10-
53>/eC
1
t$1.25
common
9-15
10-
'
series
Preferred
Stock
«■
1
(quar.)—,-
;
Kawneer
4%%
8-10
10c
quar.)
W
-
1
35c
30C
i
(increased
dividend
preferred
9-
/
_,4_I
com.
Corp.
Laughlin Steel Corp,
preferred A ,<quar.)__"
.3.80%
$4
„
,
Battery Co. (quar.)
—44—
Kalamazoo Vegetable Parchment Co.
(quar.)
Kansas City Power «fc
Light; 4% pfd; (quar.)
•
8-15
!
Estate
5%
1
■
(s-a)
&
K
9-
$1.25
(quar.)_,
Jones
9-20
30c
—
?La.)—7
&
9-29
30c
Balanced
Railroad
12 '/2c
(s-a)
1
10-
(quar.)
estimates
the Aug. 15 distributions—
(quar.)
pref.
10-14
47 %o
amounts
1*
8-
Quarterly
Merck
$3.50
35c
(quar.)
Johnson,"
Jones
7-29
following
groups
!'%:'• 15C
Mercantile Stores, 7% preferred
(quar.)
Merchants
Fire
Assurance
Corp.
(N.
30C
___
The
Co, Ltd.—-
common
1
National Trust Funds—
Selected
9-
8-26
$1.12%
8-
8-15
9
•
9-15
50c
8-
<
2
9-30
'
8-15
1
2
9-
25c
11-
(quar.),
common
8-15
10-
2
9-
1
15c
(quar.)
9-
t
912-
10-
$1.12V2
$1.12%
(quar.),,
preferred
1
8-18
$1.25
Tea Company, common
preferred (quar.)
3.8%
10-
1-1-50
$15c
$1.25
1*
8-15
preferred
on
preferred
1
$1.50
4
s-a)
9-
9-15
(quar.)
Meadville Telephone (quar.)
Meier & Frank Co
30c
(quar.)
'
preferred
2nd
75c
——^
_
8-19
(increased
9-
$1.75
Corp,-com. (quar.)—
(quar.)
Supply Co.1 (Pa.)
National
12-23
10-
12 %C
(increased)
5
preferred (s-a)
9-20
9-21
9-12
10c
Extra
•
Sulphur Co.
preferred
Johnsoh
8-22
8-20
10-1
1-2-50
$1.06
preferred
5
;
*fs50c
(quar.)
Corporation,
%
preferred
9-15
\
.
■
Common
10-15
16c
f
.
Jefferson
8-12*
■it 9- 1 7
t75c
_______
8-31
9-30
40c
preferred
Now
Inc.
Jaeger Machine Co.,
Jantzen Knitting Mills
preferred A
;
-
(increased quar.)
[Iron Fireman Mfg. Co. (quar.)
Quarterly'-I.
v;
v-ZZ" ■
5%
...
5%
National
(quar.)
redeemable
$2
5
8-11
3
9-15
—
4 Yt
7-15
9-1
|Iowa Southern Utilities Co.
Jacksonville Gas
8-
8-15
$1.50
____
;
preference
Fund,
1
Common
3
8-
125c
(quar.)—,,,.
common
o%
Mclntyre Porcupine
Ltd.--
Co.—
quarterly basis
a
9-
8-
3-20
(accum.),
(extra)————
Bonding & Insurance Co.—•
conv.
$2.50
8-31
t60c
-
[ Investors Telephone
Now
>
10-31
$1.75
——
convertible
9-10
12-31
1
20c
Steel
12-
12-
preferred (quar.)
National Paper & Type—
12-20
-
12-15
12-15
National Linen Service
preferred
8-12
10-19
$2.50
$1.12%
$30c
88c
—
McClatchy Newspapers
7% preferred (quar.);
7% preferred (quar.)
McCord
Corporation, common
Mead
(quar.),
common
Intcrtype Corp."
[Investment Foundation,
6%
8-22
30c
J International Utilities Corp. "(quar.)
Investors
9-10
20c
!
Ltd
Co,
7-29
Publishing Co.—
(accum.)—
International
8-31
$1
Group shares
Business Machines (quar.)
International Cigar Machinery Corp.
8-31
25c
Bond
&
International
9-30
2-21
9-
9- 1
9-15
—
Co.
Harris, Ltd.
$3.40
Institutional Shares, Ltd.—
Bank
3-10-50
20c
May Department Stores, Co, com. (quar.)
$3.75 preferred (quar.);
$3.75 preferred (series 1947)
(quar.)
Silica Corp.—?
—
11-24
9-
18-29
$1.50
(quar.)
5%
1-1-50
Corp.
Massachusetts
(s-a)
6V2% preferred (accum.)
Ingersoll-Rand Co. (increased)
Sugar.
Martin-Parry
7-25
(quar.)
Co., Inc.
—
Inland
8-
8-20
45c
&
Company,
Manitoba
held).,
R.)
$15c
Co.—
(quar.)
com.
Railroad
Inc.—preferred
(qdtar.)
Corporation
(P.
Co.,
8-10
8-12
"
$2.50
<quar.)_.
Structural
Car
Lead
4y2%
12-10
15c
com. ,iauar.)
1
$15c
(quar.)
8-23
14-1-50
,.«
9-
9-
'
B
2-21
25c
4,,——
$1.42 Vi'
;
preferred
11-24
62»/2C
(quar.)
8-10
(quar.)
9-10
62V2C
preferred (quar.)
8-15
50c
$1.25
(quar.),
Indianapolis Water Co, class A (quar.)
5%, preferred A (quar.)
Industrial
RR.
1
(quar.)
6%
9-20
—
8-15
8-10
9-
-
B
A
12-10
1
(s-a
preferred
(quar.)
Lytton's (Henry C.) Co__
M & M Woodworking
Co.
6
1
A
Ltd.
preferred
3-10-50
62j/2C
(quar.)
9-10
9-10
Canada,
$4
convertible
56c
MacKinnon
common——
RR., 6%
&
8-15
30c
42c
$1
20
9-1
t25c
Service,
8-26
$1.25
each
Class
(quar.)
of
$4.50 pfd.
Class
$2
8-10
8-12
Co.
8
8-23
9
9-30
10c
1st pfd. (s-a)
preferred (s-a)
2nd
National
National
9
8-
20c
Corp, 5%
Gypsum
4
$2
Nashville
Finance
Erie
non-cum.
A
9-
8-31
10-15
2o
5
$2 :Z
?
ZLowenstein (M.) & Sons; Inq.,
9-10
9-
3%
4y2%
preferred
9-12
8-
National
10-14
tl2Vfec
Co.
Welding Machine
8-
(s-a)
Louisville. &
Electric
8-10
$1.06
Quarterly
10-24
9-10
'
(quar.)
preferred (quar.),-
Convertible
7-30
1
50c
-
common
Chemical
&
8-
Z.-\Z$2':
9
8-15
9-
$1.75
common
8-
50c
8-
40c
;
Corp,
1
(quar.)
t$l
1
1
8-19
9-
8-23
11-23
8-23
40c
8-31
—
non-cum.
Drug
National
8-1
11-
9-12
12-12
30c
(increased)
(quar.)
(quar.)
4——
(initial)——i
preferred
Ltd,
8-10
t25c
Lyons
9-
9-
9-15
12-15
12c
Co
Hosiery Mills,
Class A (quar.)
(quar.)
1
25c
1
9- 1
Container
4%%
50c
9-
-
for
8-25
$1
9-28
12-28
12c
Cylinder Gas Co, com.
National
50C
Lukens Steel Co. (quar.)
Lynch Corporation (reduced)
Lyon Metal Products com. (quar.)____.
25d
share
8-20'
9-10
$1.10
9-16
8-12
Hydro Radio & Electronics Corp.—
Illinois Central
9-15
$1.10
Ltd. class A
$1.50
$1.50
<
,4
87V2c
T
8-10
;
| Idaho Power Co..
7-29
(quar.).
(quar.)
(quar.)—,—
1
Humble
5%
8-15
$1.10
$1.06 >A
preferred (quar.)
preferred quar.—.
8-10
Z V
__
8-16
(quar.)
7%
1
Hussmann
5%
8-15
1
40c
(quar.)—
8-12
(quar.)
Register
preferred
Dock
50c
Oil & Refining Co
Refrigerator Co.
$5.25' preferred (quar.)
*
Huttig Sash & Door Co., common
9-10
1
Cash
4y4.%
,
9-
(quar.)—
National
1
$1
9-
—
National
8-10'
9-
65c
10-
Hudson Bay Mining & Smelting Co., Ltd.
8-19
9-
(quar.)
$1.25
1
8-31
10-
30c
pfd.
1
1
—
Fibres, Inc.
(quar.)
preferred
National
56V4C
— __
,
75c
(quar.)__
37 Vic
(quar.),,. 4—
$2.25 pfd. (quar.),
Corp., com. (quar.)
4(4% * preferred (quar.)——
Stores
National
50c
—
preferred
8-15
35c
4V4%
preferred series A (quar.)—44.—u,
Lowney (W. M.) Co, Ltd. (quar.)_.
Lucky Stores, Inc. (quar.)
7-30
Y.)
| Houdaille-Hershey Corp.,
Howard
.
7-30
$1.50
—
Hardart
5%
.9-2
$1.12 Vi
——
preferred A (quar.)
Hormel
(George A.) & Company
6% preferred A (quar.)
7%
Corp.
15c
3!/2%
Co.
Co.
preferred
Common
2
•
$4.50 cony,
Horn &
8-
V
5
9-
Biscuit Co.
Common
Louisville, Henderson & St. Louis Ry Co.—
•
Electrochemical, common
$4.25 preferred (quar.)——
Co.
Extra
,
8-19
30c
(quar.)-—.
9-
20c
;
Hooker
Coal &
National
8-25
9-10
62%c
(quar.)___
5%
preferred
(quar.)
5%
preferred
(quar.)
Louisiana Land & Exploration Co.
8-16
9-30
20c
!
preference
conv.
Lorain
8-19
8-15
9-10
(monthly)
Gas
1
1
1
(quar.)
Star
5%
—
Corp.,
Lone
Aluminate
Automotive
10-
preferred (quar.)
8% preferred (quar.)
8-26
National
National
25c
4,
Co.
Groceteries Co,
B
8
8-31
50c
8-
50c
8-17
8-15
37%c
(quar.)
Lock Joint Pipe Co.—
Common (monthly)
7-25
50c
•
20c
Hilton
(quar.)
8-15
9-
Co
1
9-15
10-
30c
,
Corp.
RR.
9-
$1
8%
.
31c
1
—
8-
;
guaranteed
Class
Co.—
monthly
Monthly
<
Special
Loblaw
9-30
(quar.)
$4 conv.
pref.
(quar.)———_
Hey wood-Wakefield Co., common—
8-20
$25c
1
8-31
25c
(quar.)__
(quar.)
guaranteed
8-15
dividend)-—
preferred
common (quar.)--
A
Acme
Insurance
guaranteed
35c
Hartford Fire Insurance
Hercules
Special
Special
1
Co
| Hershey Chocolate Corp.,
preferred
National
10-
8-31
9-
9-15
37 %o
(quar.),
4.8%
1
25c
(quar.)
Miami
10-15
25c
Empire
Co.
$1.12 Va
| Harrisburg Gas, 4%% pfd. (quar.)
Hartford
Belt
Original capital
Original capital
Original capital
9-10
1
Link
Little
Oil.Co. of California—
Class A
t
r
9-15
25c
Hancock
A
1
8-
400
Corporation
i 8-16
25c
___,
(quar.)
preferred
9-
10-
25c
(quar.)
Ltd.;
Co.,
preferred
4 %%
Ltd.
preferred
8-
1
25c
1
9-15
America—
1
(quar.)
Quarterly
Lindsay Light & Chemical Co.
$7c
$12Mtc
...
Co.,
of
9-
$2c
Tobacco
Life
$22 y2c
Ltd.
Bridge
Co.
(quar.)
(quar.)
Mutual Telephone Co. (Hawaii)
9-
Corp._4
Liggett
/.
Chemical
10-
■
50C
:
8-31 *
10- 1
$2.50
preferred
preferred
4.8%
(quar.)
$12»/2c
Mines,
Hamilton
6%
7-29
Ltd
Libby-Owens-Ford Glass
8-15
25c
Hajoca Corporation (reduced)
Brothers Stores, Inc. (quar.)
9-
Gold
Leslie
8- I
12- I
50c
Mutual
9-16
8-15
(James) & Sons Co. (quar.)
Lehigh Portland Cement Co. (quar.)
Leitch
$25C
8-10
50c
Lees
Ltd.
$250
Sons, Ltd.
(quar.)
Monotype Machine
Fabrics, Inc.
& Company, common
$2.50
preferred
(quar.)_
6-12
9-10
&
Leath
3-10
6-30-50
8-31
;
8-31
8-31
37 %c
9-15
3
1
1
1
t$1.75
(quar.),,
&
8-10
10-
8-
1010-
-t$1.75
(quar.
Lines
8-10
8-15
$25c
1
6%
Lea
8
P)
1
9-
$75c
1
5c
Bryant, Inc. (quar.)
Bleachery & Dye Works
Lang
3-30-50
Hale
| Hallnur
Lane
12-
(J.
1
8-10
11-10
75c
Co, Inc.—
Motor Products Corp.—.
Munson Line, Inc., new com.(initial)
Murphy (G. C.) Co. (quar.),,;
35c
$12c
Lanett
$1.25
——
12-21
(reduced)
8-16
9-30
—
—
Quarterly
Oil
Co.
8-16
75c
Canada,
12-28
Ltd
8-16
$1.25
—
Morgan
$$1.75
8-31
12-28
—
7%
preferred B
Moore-McCormack
9-21
Milling Co, Ltd.—
(quar.)
& Machine
8-31
8-31
$1.25
_______—
...
8-16
A
8-10
(quar.)
Lakey Foundry
Lamaque Gold Mines,
8-16
$1.25
(quar.)_,
(quar.)-—
preferred (quar.)_
Oil Corp
8-31
preferred
9-
1
$1
■
(quar.)<
(quar.)__,_
$40c
Woods
7,c
w~,
Hal. iL iff ton
Lake of
7c
V
preferred
8-16
9c
,—
———---—-
Utilities
Gulf
8-16
8-31
7c
-
Stock
Gulf, Mobile & Ohio RR., $5 pfd.
$5 preferred (quar.)
|
8-31
8-31
7%
1
Gas Light Co. (quar.)
;
£
Lafayette National Bank (Brooklyn, N. Y.)—
Semi-annual
1
preferred
8-23
9-
12-1
-
preferred
9-27
Laclede
7%
(quar.>___
9-
8-16
Common
redeemable
9-15
50©
$1.62%
10-
8-16
8-16
4%
3
$1.12%
8-16
8-16
9-
8-15
$1.12%
8-31
8-31
(quar.)__,,__
$3
9-i
50c
B
Service—
Holder*
Payable of See.
$1.25
—
series
Investors
49
Springfield
partic. preferred (quar.)
Moore Corp., Ltd, common (quar;>
^
8-31
8-31
pfd.
conv.
Moody's
When
Share
Co.
Co, com.
A (s-a)
pref.
9-12
Kroger
the
7-29
(s-a)
Chemical
conv.
9-14
<
50c
(quar.)
8c
Equipment
Tobacco
.
A
i
t'VPer
Insurance
8-25
15c
8-31
3c
$3.25
■'
Company, common (quar.)
6% 1st preferred (quar.)
Laclede-Christy .Co. (quar.)
10c
,
Steel
i
.
,
Bond
Railroard
8-16
7c
;
Railroad
preferred
8-20
ZlOc
.
9c
Merchandising
Mining
Railroad
8c
(quar.)
(S. S.) Company (quar!)
KTess (S. H.) & Company (quar.)
Kroehler Mfg. Co,
4Vi %
preferred A (quar.)
8-16
IOC
—
Machinery
Priced
Low
8-31
(Mass.)
Monsanto
3-22
California—
8c
Bond
Institutional
Investing
preferred
8-16
8-31
9-21
12-22
(quar.)
of
9c
/
1
1-2-50
4-1-50
$4
series
12c
a.—
T
10-
31ViC
Kresge
8-16
9c
57 %C
">
Life
37y2c
^
10c
,
-Fully Administered
Industrial
60c
8-16
8-31
interest
c•
.
Name of. Company
Monarch
(quar.)—
Creamery Co.
Common
(quar.)
8-16
5C
■
General
8-31
8-31
14c
———
8-31
7C
—,
.
;——
Holder*
t
Payable of Reo.
■
(quar.)—
(quar.),_
Knudsen
8-16
12c
,
Chemical
Beneficial
4
8-16
12c
.
Aviation
preferred
'j....
■■■
(533)
•
Knickerbocker Fund—
9-20,
9c
,
Automobile
9*21
$1
Co.,
Agricultural
prelerred
$1.50-
$1.50 preferred
Ltd..—^-,-™—.
Group Securities, Ino.—
.
■
When
Share
Company—''..■■■..{'Z/.v
$1.50
.
Northern
Railway Co.—
Non-cum
preferred 4.—
Great West Coal Co., Ltd. (irreg.)
CHRONICLE
Per
Whjte
Extra
Great
FINANCIAL
Name of Company
Payable of Rec.
,
Insurance
&
Holder*
Whan.
rer
COMMERCIAL
9-
1
7-27
55c
9-
1
8-20
Monday, August 8, 1949
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(534)
50
•
8-
9
9-10
8-
9
5%
19- 1
8-
5
5%
9-10
25c
(quar.)—
Co.
Oil
Ohio
35c
Natural
JJU
(quar.)—.
Corp
Coal
Ben
Corporation
Oliver
Iquar.)
Marine
Co.—
8-15
7-15
Quarterly
Savage
Sayre & Fisher Brick. Co.
20c
8-15
7-30
8-15
7-30
90c
7-30
1
8-10
4.30%
8-15
7-29
8-15
7-29
7-29
Seaboard Air
Common
vtc
vtc
(quar.)—
8-15
7-20
5%
series A non-cum
$1
9-15
9-
1
5%
scries A non-cum.
v
•
$1 v
20c
8-12
8-25
1
9-
9-15
9-16
1
9-26
8-31
9-15
«
135c
9-16
9-15
•
120c
Second
8-31
Co.,
9-
1
8-
31'Ac
9-
1
8-1
9-
5c
8-15
7-26
1
9-15
12-15
8-15
8-
5
25C
11-15
11-
5
2-
3
Class
83c
8-15
8-5
33c
11-15
11-5
2-
33c 2-15-50
1
88-
common
1
9-15
8-31
56c
9-1
8-15
9-21
Simon
7-22
9-15
9-
7
9-
1
$1.50
10-
3
$1.25
10-
3
25c
9-
1
V
Class
4*4%
9-30
9-
1
25c
9-30
9-
1
20c
9-
8-11*
30c
(quar.)—
*
8-
75C
Ltd
9-
1
175c
9-
1
9-
1
50c
i
8-
(quar.)_
—
.
—
9-
1
8-19 i
1
8-19
(resumed)
Co.
Food
Pratt
—
—
America
Common
.
Procter <fc Gamble Co.
Provincial
(quar.)———.
Ltd
Co..
Transport
(N.
Bank & Trust Co.
Public National
Y.)—
4*4%
(quar.).
com.
preferred (quar.)—.———_
of New Hampshire—
3.35%
Public Service
Public
(quar.)—.
preferred
div.
$1.40
of
Co.
Mexico-—.—_—
New
Electric
Service
8&
Gas,
(quar.)——
preference common
Paget Sound Power & Light (quar.)
Punta
9-10
8-
Pure
Oil
5
.25c
9- 1
8-
Co.,
Extra
(quar.)——
common
5
5
Products,
Purolator
9-
1
8-
10-
1
9-15
8-15
8-12
8-15
7-15
8- 1
10%
8-24
8-1
50c
9-20
9-10
common.——_—
125c
9-
I
8-12
(quar.)—
$1.50
8-31
6%
Inc.,
pfd.
40c
Rayonier,
12-20
12-10
$2 preferred
Reading Co.,
4%
Red
1st
preferred
Owl
4%%
(quar.)
common
50c
$1.60
$1.60
non-cum.
$4.50
preferred
Renold
8-29
1
V
"
A
Inc.,
$400
(quar.)
$1.12%
—
<R,
4l/2%
preferred
1st
795-
2nd
Rochester
7-25
Sun
8-15
7-25
Swift
40c
9-15
8-24
V $1.12*4
•
9- 1
8-10
$1.75
i.
(quar.)
Electric 4% pfd.
(quar.)——
Corp. (quar.)—
&
Vulcan
Rockwood
&
Company,
5%
preferred
5%
preferred
5%
prior
preferred
Co.,
preferred
A
——
Roos
Brothers, Inc.
Industries
Extra
Ruppert
Rutland
4'/2%
Oil
&
Mills
4V2%
9-15
Thompson
10-
1
9-15
Thompson Products, common
9-
1
8-12
9-
1
8-12
Thrifty
preferred
Stores,
Drug
1
Tide Water Power
25c
9-12
9-
2
Title
V20ci
9-12
9-
2
50c
9-20
25c
9-
25c
9-
:
(quar.)—
(quar.)—.
•
•
-
•
$1.12V?
$1.05
10-
r
9-10
9
9-
1
9
9-
1
1
8-15
9-10
Insurance
Amer.
Trane
dep.
Co.
Corp.
Securities
Tobacco
Toledo
5%
preferred
3.80%
(resumed)__
Inc.
(St.
Weston
Company
4!A%
preferred
preferred
(quar.)
(quar.)
S.)
:
8-15
8-15
Oil
Wilson
Lines,
Winters
Co..
&
Inc.
common
5%
1st
Electric
5%
5%
9-
1
8-20
1
8-17
7-23
9-19
7-29
8-
10c
8-15
7-29
$2.50
8-15
8-
15c
8-15
7-25
8-15
7-25
Co.,
;
8
Woolworth
(F.
W.)
Wool worth
(F.
V/.)
9-
2
8-11
9-
2
8-11
Common
8-31
8-17
4'/2%
prior
1
9-12
4V2%
conv.
Oiciinary
8-15
8-
8
Wright
8-15
8-
1
Wrigley
9-15
9-
1
9-15
9-
1
8-15
7-29
9-15
25c
9- 1
7-30
'i:
9-15
Corp., common.
8-31
8-31
'
8-19
31'Ac
9-
25c
31'Ac
8-31
50c
9-23
9-
8
$1.25
9-23
9-
8
J40c
(quar.)
10-10
(quar.)__
8-19
1
9-
8-12
8-12
1
Ltd.—
Companv (quar.)
Co., Ltd.—
-
---
50c
9-
9-23
1
8-10
&
(interim)
al5%
*
8-22
7-
1
9-20
9-
1
Worthington Pump & Machinery Corp.—
60c
8-31
8-15
8-15 "
d28c
d$1.12'/2
(quar.)
9-
8-3
10-17
1
9-
d$1.20
Combing Co. of Canada,
Quarterly
;
8-23
8-10
common
Inc., common
preferred (quar.)
&
Lothrop common
8-23
9-1
d90c
Industries,
preferred
1
10-31
d$1.50'
Light
preferred
conv.
1
Co.—
(quar.)
9-23
8-31
8-23
10-
d27V2c
9-15
10-
9-15
8-15
(quar.)__
9-15
i
1
9- 9
10-
8-13
(quar.)
Wool
8-15
8-31
1
(s-a)
Corp.
Power
&
Power
conv.
5%
10-
8- 9
12'/2c
(quar.)
preferred
Woodall
3
9
9-15
50c
(quar.)
Newspaper Machinery
8-15
9
(
37'/2c
preferred (quar.)
8-15
8-15
8' 8-
1
9- 1
50c
(quar.)
pfd.
preferred
1
9-
25c
t
(quar.)
$4.80
1
9-15
9-1
95c
(quar.)
preferred
9-
8- I
1
50c
*
Crampton
Common
9-
11- 1
10-
"ST'/aC
(quar.)
Mfg.
Stores,
Wilcox
Wood
8- 1
8-1
8-15
11-15
25c
(quar.)_
(quar.)
Co._
Dental
Auto
9-1
8-31
25c
(S.
1
'
9-12
$1
4'/2%
(quar.)25c
(quar.)
25c
preferred: (quar.)
preferred (quar.)
$l.l?'/2
(William)
9- 1
9-15
9-
$1.25
9-16
8-31
9-
1
8-20
50c
Aeronautical
9-15
$1.12V2
9-
1
25c
10-
1
9-20
25c
11-
1
10-20
25c
prior
10-
1
9-9
9-15
8-12
Corp.__*
common
(monthly)
25c
Extra
Common
(monthly)
(monthly)
& Tcwne Mfg. Co
*
Common
1
8-20
8-20
-
Youngstowp. Sheet & Tube
books
♦Transfer
not
-
tPayable
in
tPayable
in
5%
9-8
8-3
$1.06V4
9-1
8-18
50c
8-15
7-25
a
(irreg..20c
8-12
$1.50
10- 1
8- 1
9-16
x
(quar.)
.
common
8-15
2- 1
Co._
Inc.
Paper
3.60%
8-
T-18
7-18
8-15
9-15
(quar.)__,
Electric Instrument
Whitaker
White
B
Wisconsin
8-15
y
,7-25
'7-25
$1.25
8-25
10-
'
Stationery Corp.
Coal
Westmoreland.
8-15
15c
Louis)
1
$1.25 2-15-50
(quar.)
7-29
12'/2c
(quar.)
(quar.)
(quar.)
preferred
$1
Co., Ltd.—
receipts ordinary (interim)
Edison,
VV9-
8-13
8-13
1
-'
•
Westinghouse Air Brake
Westinghouse Electric common
3*4%
preferred A (quar.)
50c
Trust
Trl-Continental Corp.,
$6
A
Western Tablet &
10c
,
(quar.)
9-
_
preferred
8-15
31'Ac
Co
9-
350
————-
-
common
1
$1.12V2
conv.
R.)
9-15
,___!
9-15
(John
V
8-15*
9-1'
;.20c ■"
'
—.__
25c
;
(quar.)
1
$1.25
7-30 *'
9-20
-
(quar.)
-$1.50 v
(quar.)
-'$1.75:
West Virginia Coal & Coke (quar.)—__w
-50c
•
West Virginia Pulp & Paper
v
■i1' » - '
4*4%
preferred
(quar.)
$1.12*4
15c
Flour
9- 7
8-10
8-18
75c
preferred
9-15
30c
t$1.06'A
(quar.)—
(quar.)—
pfd.
-
;
-'4 25c
preferred
7%
8-15
75c
Inc.,
!
9-10
common—*
■
6%
Yale
pfd.
(quar.)
Whitehall RR.
9-
(quar.)
1
4%
9-1
6c
Extra
Tex-O-Kan
5
f30c
:
.-v..'• •
•*>/
(quar.)—ii- $1:12*4
8-10
(quar.)___™J_*__
•• $1.96*4"8-10
50c
Tex-tron,
35c >
♦
9- 9;,
10-10
'
t5c
Ltd
10-
8-19
8-15
5
(irreg.)
Coal
9-20
10-20
'
U2V2c
(quar.)
Mines.
10-
6
1
5
Inc.
Pacific
-40c
8-15
9- 1
Waterloo, Cedar Falls & Northern RR—i •
12'/2c
10-15
10- 1
Wayne Knitting Mills (quar.)^^™****^™^.* — v:- 35c10- 1
9-10
Weeden & Company—
- 1
v
4% • eenvertiwe preferred (<iuari)i.^*lJI^
V soe
10* 1 : 9*15
Wellington Fire Insurance Co. (8-a)___™iiSs XI1.75
8-18
8-11
Wellman Engineering Co
*
♦ -- •> 20c
9- 1 *
8-17
Weutworth Mfg. Co. (quar.)
--12*4.c V
8-20,:,
8- 1
Wesson Oil & Snowdrift $4 pfd. (quar.)—,
$lA> 9- 1 '' 9^15
West Penn Electric Co. '*
- --••
•
Woodw-ard
pfd. (quar.)_
pfd. (quar.)
Thatcher Glass Mfg. Co. $2.40 pfd. (accum)
99-
'
8-
11-
50c
25c
„
■
(Jacob)
$4.25:
Wisconsin
8-15
11-15
50c
(reduced)
Extra
Texas
20c
(quar.)___
Extra
40c
$1.25
-
(quar.)
—
&
1
Company
25c
*51
(quar.)
Corp.
1
8-
D.)
pieferred
preferred
,-A $4.50
5
Sulphur
Gulf
9- 8
8-19
(quar.)
Co.
Corp.
lBc
$1.25-
_____
——__;
Ross
12;
1
30c
(quar.)
(quar.)
common
Works
9-
• 9-8
10- 1
$1 >.- 9- 1
preferred
(quar.)___:._^Washington Gas Light Co.
8-
J20c
Corp.
Texas
8-15
(quar.)
Metal
(quar.)_
$1.25
Rolland Paper Co.. Ltd. 4'A%
Art
Tennessee
8-15
12-15
25c
(quar.)—
Haase
8-15
1
25c
■
(quar.U
A
1
9-
8-19
1
10-
$2.50
$4.50
6%
(quar.)
Hughes Gold
(S.
8-15
31'Ac
(quar.)
Corp.
Fund,
9-
$1
Television
42'Ac
v
common
Warren
8- 9
31V4C
Gas
preferred
conv.
7-30
)•'; 9-15
__
5%
Teck
9- 6
30c
$2.50
Walker? St Company^——•
Warreti Petroleum Corp^^
25c
Co
Tavlor, Pearson & Carson, Ltd.—
9-1B
V'f;-' 25c
Co.
r
50c
Electric
8-15
9- 1
12- 1
9- 1
...
1-^
7%
preferred (quar.)
Wagner Electric Corp;
(quar.)——————
Waite Amulet Mines, Ltd—
;___
$1
(quar.)
Inc
Inc.
1
12-10
9-15
Detinning Co.
9-16
8-15
7-15
50c
Transit
Syracuse
Talon,
8-12
9-10
(quar.)___:
..Common*'-—
1
9- l
10-
t60c
8-25
$1.18%'
(quar.)
Manufacturing Co._
Rockwell
Extra
:'/•
(quar,)
._
Gas
?
Co.
Manufacturing
Vogt
White's
56c
preferred
common
9-15
12-15
7-29
8-29
9-30
12-31
8-15
9-12
Ltd.—
Co.,
Company
&
8-19
8-20
8-20
25c
(quar.)
(quar.)
Propane
Co.,
9-15
5c.
—-
Quarterly
Rockland
10-
9-15
1
50c
:
-
10-
$1.75
(quar.)
Valley Gas Co
Gas
*
Oil
9-10
50c
(quar.)
Oil
partic
Suburban
Tampa
Corp.
Ages
A
A.)
9- 9
9- 2
—_
(s-a—
Westmoreland
(quar.)
Corp.
preferred
Chemical
preferred (s-a)
Virginia Coal & Iron
9-1
9- 1
60c
Extra
8-10
.
Company,
preferred
(D.
Class
"C
1
preferred
of
Ronson
9-1
8-15
(quar.)
com.
preferred 'quar.)
Oil
Grande
&
1
9-
_
(quar.)
preferred
Richfield
Rohm
in-
Inc.—
7%
4%%
9-15
45c
interim)—
(quar. interim)
Manufacturing Co.,
Rice-St:x,
$1.25
Stuart
25c
B
Rheem
9:v,;v
&
Wells
Struthers
45c
& Brass, Inc., common——
J.) Tobacco—
(quar.
9-
10- 1
:■
Common
1
(S.)
Stroock
11-15
.9-9
10-
$27c
(quar.)
Reynolds
l
$1.25
Revere Copper
Class
12-
10-1
20c
common——
9-20
12-22
9-20
$1.25
*15c
(reduced)—
5%
20c
(quar.)
Stonega Coke & Coal Co.
8-15
10- 1
1-3-50
$1.25
(quar.)
(quar.)
Company
$1.25
(quar.)
Company
preferred
9-28
9-23
10c
;
-
(quar.)™
$1.25
$1.25
Stores, Inc.
& Stern Textiles, Inc.
Stern
10- 1
10- 1
62'/2c
62'/2c
(quar.)
-
preferred
preferred
prior
prior
Norman
Common
Corp.—
Brothers
Sterchl
1
75c
58V4C
75c
preferred A (quar.)
scries B preferred
preferred A
■
IV
8-15
9-
5%
25c
12V2c
30c
9-
1
22'/2c
5%
(quar.)
&
25c
(quar.)
8-10'
8-18
8- 5
8-19
(quar.)
preferred
8-
9-il'!
$40c
Extra
4%
.8-15
10-
preferred
5%
(A.)
8-15
8-15
8-10
quar.)
——
6%
Stein
8-10
9- 1
9- 1
9-15
75c
$1.25
Co.-,: (quar.)
Extra
9
8-18
8
8-25
common
preferred
Knitting Co.
Vick
25c
4V2 %
(quar.)
Ltd.,
Coventry
Class
preferred
Rand,
Remington
Rock
9-
$1
$1.06'A
(quar.)_
(guar.)-
$1
1
25c
preferred
preferred A
50c
5
8-
7-29,.
8-10
5%
quar.)™_
1
8-
8-15
8-25
8-19
Co.-*—
7-14
1
(
8-18
1
8-20
(quar.)
Co.,
8-
8-
$1.50
50c
—
Co.
£;:
$1.75
pfd.
4'A%
Pictures
Western Pacific RR.,
(increased
Spring
Supply
$6
8- 3
8-19
9-10
50c
(quar.)___________
Corp.,
9-15
9-
56V4C
(initial)
common
9-15
8-15
•
15c
(resumed)
com.
•
9- 1 v-.
8-19
7-25-
(quar.)
Indiana
Stecher-Traung Lithograph
Knitting
Regent
Rio
7-29
9-
$1,18%
preferred A (quar,)—
Mills, Ltd.
non-cum.
preferred (quar.)
:
8-11
10c
(quar.)-
9-2
10-
50c
common
1
8-15
.'VV: 50c
___
(quar.)
Inc.
Stores.
___
Steel
Fuel
9-15
9- 1
9-10
9- 9
9-1
8-15
9-10
Extra
State
10-
50c
——
(quar.)
Standard
7-15
55c
25c
9- 1
Silica
7-30
:
10- 1
40c
—
Railway Equip. Mfg.
Corp. (quar.)
Standard
8-31
8-25
933Ac
(quar.)——
Inc.,; common
A&,15
Standard
.
10- 1 '
50c
t$1.25
California
of
Co.
1
8-
9-15
12c
125 c
—
Quarterly Distribution Shares, Inc. (reduced)
Quebec Power Co. (quar.)——.——
—
Ralston Purina Co., 3%%
pfd. (quar.)
Oil
11-30*
12-20
50c
Vanadium-Alloys Steel
Vapor Heating Corp.
5% preferred (quar.)
5% preferred (quar.)
viceroy Mfg. Co., Ltd
Co.—
Corp.—
preferred (quar.)
Standard Oil Co. of
9-20
8-31*
8-31*
■
Vicksburg Shreveport & Pacific Ry. Co.—
preferred: (quar.)
Standard
9- 9
8-26
12-16
9-20
^
■
new
convertible
5%
Van
50c
$1.60. conv.
:
25c
Refining
Quaker State Oil
.
5%
9
1-3-50
50c
(quar.)_.
Corp.,
Stores
5%
8-15
8-2
8-2
25c
Carpet
9-
8-19
1
25c
___.
(quar.)_*
4'/i %
Iron
& Sons
quar.)
8 "•
9-
9-
22'/2c
—
(increased)
preferred
preferred
6%
Standard Dredging
$1.25
———
—
5%
preferred (quar.)
Purity Flour Mills, Ltd.,
'
8-17
8-22
$1.06'A
25c
Steel
90c
.
$1.50
—
9-12
Upper Michigan Power & Light Co.—
—
_:
Co.
Universal Winding
■
50c
Inc. (quar.)_
Alegre Sugar Corp
9-9
1
9-30
75c
Card
'
7-29
.
Pullman,
-
-
(extra)!
Special
;
common—.
3
10-
(quar.)
(s-a)
Spring & Bumper Co.,
Universal
.
Public Service Co.
10-
60c
(quar.)
common
Universal Insurance
4.20%
„
of Indiana,
Public Service Co.
3%%
...
$75c
Y.)
(quar.).
Universal Consolidated Oil Co. (quar.)__*
...
of Colorado
Co.
S.
7%
1
preferred (quar.)
preferred
(quar.)
4.40%
5
75c
Potash
S.
S.
..
Quarterly
Public Service
5
8-
55c
(N.
Foundry Co.
Playing
United
,
—
8.
4'/2 %
,
—.....—
8-
8-16
Ltd.—
(quar.)
preferred
Extra
U.
.
Inc.
Metals of
Pressed
7-15
-
$1.75
...
Extra
'
Prentice-Hall,
8-15. V
8-1T 10- 5 <'
v 7-30
United Specialties Co
3V2%
9-
partic.
Lines Co.,
S.
.
8-15
.™——————---
(reduced
8-1&
8-31
Quarterly
'
8-15
50c
(Alexander)
8-19'>
'
8-16
Quarterly
9-15
(quar.)
Common
9-10
•
75c
Machinery Corp.—
4%%■ preferred
30c
9-10
8-19
preferred (quar.)—™—.™.__^—
87V2c
9-1
8-12
preferred (quar.)
$1.05 9-1- 8-1?
9- 2 1
9-26
Socony-Vacuum Oil Co., Inc. (quar.)_„_—25c
9- 9
8- 5
8-15 r
9- 1:
Solair Aircraft Co., 90c conv. pfd.-(quar.)—
22V2c
8-15 7-30 '
,v35c
8-15
* Soundview
45c V 9- 1
Pulp Co.
(quar.)^.__^w;
75c :
8-31 • 8-15
9- IV
8-22
South- Bend (Lathe"- Works(quar.)
40c m 8«Sl4r«.. 6-15 y,
$2.50 j
9- 1.
8-19
15c
Southern Company, -Ltd,,
i——-w—; J25c
8-15 * .7-15
Southern California Edison
- - - - -' •
250 • ti 9- 1; '■{; 8-10 ;v'r:
4^8%
preferred (quar.)
—>
3Ql/2C
8-31 y
8- 5
25c
.11-10, v; Southern Canada Power-Co., Ltd. (quar.)-w
12- 1
$30c - 8-15
7-20
7-22*. ; Southern Natural Gas (quar,)_>w__——^•——50c i
75c
8-15
9-12
8-29
Southern
t30C
8-15
Railway Co,
(quar.)
$1
9-15
8-15
>7-29
r
Southwestern Electric Service
— ».'•>
H0
CO
9-20
:
Common
50c
(quar.)
20c
9-15
9- 3
Southwestern Life Insur.
(Dallas) -(4uar.)i
40c
10-14
10-12 ;
9- 1
8-15
: Southwestern Public- Service Co.—. - -- • — - $1.06*4
8*l5vCommon (quar.)
9- Iv
$1.10
™U
—.———
50c
9-1
8-15B-15
: Soverelgn Investors.:
40c
9- 1
- 10c
10- 1
9-15
9- 1 :
87'/2c
G*t5Spalding (hi G.) & Brothers (quar.)™—
25c
9-15
8
Spencer. KeHogjg & Sons Inc. (quan)—50c
9-10
8-12
; 84c' \
0-15 :, V "7-29,
45c
8-15
8- 1
Z Stamford Water Coi (quar.)—™™
e- r
Standard Brands, Inc. comon (quar.)——
8-15
30c
9-15
8-15
■=.»■«
25c
40C
9-30
9- 1
$3.50. preferred
(quar.)
——J—
B7V2C - 9-15
1 9- 1
Standard Cap So Seal, $1.80 pfd. (quar.)—
9-30
40c - . 9- 1
8-15
■;
35c
8-15
7-22.
20c
; Standard Chemical Co., Ltd., common
$10c
9- 1
7-29
(quar.)—.—
of America
i
933Ac
Co
Co.
Guarantee
U. S. Pipe &
9-,l
9-15
Quarterly
Smith
>: 7-15
S. Hoffman
U.
.
9- 6
3.
4V»%
$$1.25
t$l
—
Oil
&
-
8-10
62(4c
-
common
1
preferred
8-22
9-28
7-29
9- 1
9-1
?$1.12V2
Steel
A
U.
$$1
Quarterly
9 "
8-10
9-1
9-9
56ViC
t30c
(quar.)
Sloss-Sheffield
(quar.)
Illuminating
Utica
Castings
Skelly Oil Co. (stock dividend)
'
5
■
8-15
25c
Foundry
&
Fuel Investments,
class
U.
8-15
8-18
8-18
8-26
''50c'.
Sivyer Steel
8-15
,
6%
9- 1
9- 1
$1.25
62VaC
J
Corp.
(quar.)
(quar.)_™™fc..™™
(quar.)
preferred
United
7-30
7-30
preferred
Sinclair
8-11*
1
9-
91'Ac
(quar.)..:—... ...—
1
Ltd.,
B
B
United
9- 9
12- 9
9- 9
12- 9
8- 8
8-15
8-15
9-14
10- 1
8-15
' 8-15.
/
$1
25c
62VaC
50c
(quar.)—
A_
pfd.
class
redeemable
Simpson's,
8-lt
A
7-30
7-30
7-307-11 '
8-15
8-15
>
Lines,
Engineering
7%
U.
(H.)
5%
9- I
.
Class
United
9-20
7-15
9- 2
7-30
convertible preferred (quar.)
Sons, Ltd., com. (quar.)
4Va%
:
9-10
9-15
8-18
Company
(Franklin) & Co.—
Simon
82VaC
10-1
9-20
$1.06'A
8-15
8- 8
25c
10- 3
9-10
"v'V" v/yAyvyyy 'y'.y.'
$1.12V2
92*4c
87V2c
of California
preferred
Air
9-9
Inc.,- 4'/a% pfd. (quar,).- $1.12*4^ - 9- 1
United'' Aircraft ''Corp;—
Ay':yV5% convertible preferred (quar.)
;.;;v $1,25
'
9- 1
United Biscuit Co. of America, com. (quar.) 25c
9- 1
$4.50 preferred (quar.)
*
^
$1.12Va '- 10-15
United Corporations, Ltd., class A (quar.).-38c - 8-15
U.
4%
8-10
$2.50
$3.75
U.
Simmons
10-14
30c
Union Oil Co.
United
8-1
9-10
-
$1.50
9-
$1.10
preferred
8-12
8-12
(quar.)_™
common
preferred (quar.)
Signode Steel Strapping, com.
5% preferred (quar.)—
92'/2C
—
Missouri—
of
$3.50
9-1
10- 1
10- 1
10- 1
9-1
10- 1
8-25
10- 3
8-15
(quar.)
Co.,
Extra
1
1
9-
Corp.,
Mfg.
1st preferred
5%
Sherwin-Williams
7-15
8-15
t75c
Sheller
3
(s-a)—
A
(quar.)™
(quar.)-
(quar.)
(quar.)
t25c
t27VaC
25c
Extra
25C 2-15-50
Co.
(quar.)
preferred
9-1
9-1
—
Security
1-1-50
Co.
preferred
$3.70
720c
12 Vac
31Vic
25c
25c
$1.37V2
t30c
150c
t75c
HOc
tlOc
—
—
(Laura)
preferred A (quar.)—————
Banknote Co., common (irreg.)—
$1
preferred (quar.)—————Selected Industries, $5.50 prior pfd. (quar.)Shawlnlgan Water & Power Co., com. (quar.)
4% preferred A (quar.)
—
Shea's Winnipeg Brewing, class B (s-a)—
1
9-14
10-
common
5%
25c
V-'
preferred
preferred—^
Candy Shops—————
Securities Acceptance, Corp., common———
1
20c
———
-
partlc. pref.
4%
25c
25c
$1.25
$1.25
Surety Co.
(quar.)_—
Roebuck & Co. (quar.)——————
Canadian International Investment
Secord
preferred
Rubber
$4.50
8-12
8-12
8-15
8-15
9-10
75c
Inc., common
I quar.)
Pinchin, Johnson & Associates, Ltd.—
Ordinary ; (final)—....—, ftl7Va%
$1.37*4
Pittsburgh Steel, 5V2% prior pfd. (quar.) —
$1.25
5%
preferred A (accum.).
.——,—
V 50c
Plymouth Oil Co. (quar.)—.
—
Extra
50c
50c
Common
——
Mills,
Potash Co.
Seaboard
7-29
Electric
$4.25
&
8-10
11-10
8-30
8-15
11-15
35c '
_
Sears,
8-15
10-
-
Asbestos
Union
!
■
25c
(quar.)
(quar.)
St":
Salle
Co..
Union
,
1
1
1
1
9999-
91V»c
$1.07Va
25c
31VtC
La
Co.
Quarterly
7-29
9-30
12-31
9-30
12-31
8-15
8-15
75c
•
(irreg.)
31 Vic
25c
•.
Line RR. Co.—
$0.2882
20c
Phillips Petroleum Co. (quar.)
Photo Engravers & Electrotypers,
Pillsbury
5%
- -
(quar.)
Ltd. common
preferred (quar.)
Scytes & Co.,
8-15
—
common
Co.::
preferred (quar.).
preferred (quar.)
3.65%
9-
Coal
Tyer Rubber
9-9
8- 1
11-1
2-1
5- 1
8-10
\8-15
7-20
8-31*
10-18*
8-15
25c
Co
7-29
.
,
Manufacturing
Scovlll
8-15
25c
(quar.)—
preferred
2
——
(quar.)—
Dillon
31'Ac«
Philadelphia Suburban. Water,' common
$3.65
8-
preferred
34 %c
—
Philadelphia Co., $6 preferred (quar.)——
$5 preferred (quar.)
————
5% lion-cum. preferred (s-a)—
—.—
preferred
ficotten
,8-25
37VaC
preferred (quar.)
$1 cum. preferred (quar.)———
$1.32 cum. preferred (quar.).—
,—
$1.32 cum. preferred (quar.)
$1.32 cum. preferred
(quar.)—
Penmans, Ltd., common
(quar.).
Pennsylvania Electric, 3..70% pfd. C (quar.)
4.40% preferred B (quar.).—
• —
Pennsylvania Salt Mfg. Co.. common
Pennsylvania Telephone, $2.25 pfd. (quar.).
Feoples Gas, Light & Coke Co
Peoria & Bureau Valley RR. is-a)-
$1
$4
8-15
40c
preferred (quar;)
Philadelphia Electric Co.,
8-15
75c
common
62 '/2c
Company
9-15
1
35c
-
——~—.
cum.
Permutit
(quar.)
Schenley Industries, Inc.™—
Scott Paper Co., common (quar.)—;
$3.40 preferred
(quar.)——
1
9-
Corp.
Arms
9-10
10-
-37 Vac
12Vac 5-15-50
25c
8-24
7c
9-1
50c y 8-10
62V2C
9-12
v
85c
11- 1
$1 ' H- I f-
4
——————
7-15
$1.12'/a
■
—
!
7-15
(quar.)
cum.
(quar.)-
8-15
(quar.)
$1
9-20
62'/2c
Common
Antonio Transit
,8-15
1st
Common
$1
San
20C
preferred (quar.)
6% redeemable 1st preferred (quar.)
5% new redeemable pfd. (initial)
.
Pacific Lighting
Corp. (quar.)_—
Pacific
Mills
(quar.)
Palestine Economic Corp. (initial quar.)-—.
Panhandle Eastern Pipe Line, com. (quar.).
4%
preferred (quar.)
—
Parmelee Transportation Co. (quar.).—.
Pa ton Mfg. Co., Ltd., common
7% preferred (quar.)
Peabody Coal Co., common (quar.)
5%
preferred (quar.)
Peerless Cement Corp
—
Peninsular Grinding Wheel
Peninsular
Telephone
5%
5
125c
----
(quar.)
Pacific Gas & Electric, 6%
pfd. (quar.)
5*4% preferred (quar.)——
Corp.,
Finance
Pacific
5
8-
10- 2
—
Glass
8-
8-25
125c
(quar.).—
& Manufacturing Co
preferred
$3.60
Outboard
Owens-Illinois
8-25
South
208
Payable of Rec.
25c
Truax-Traer
9- 2
Holdert
When
.
Share
Quarterly
.
8-5
15c
9-1
$1.10
10- 1
$$1.07
10- 1
12VaCv
8-15
12VaC
11-15
12*4c 2-15-50
■:
1st
Quarterly
Quarterly
i
(quar.)
B
Class
50c
Paper Co., common (quar.)
pfd. series A (quar.)
Regis
4.40%
1S1.75
,———--
Oswego Falls Corp., 4*4% pfd. (quar.)_
Otter Tail Power Co., com. (quar.)
St.
125c
class A (quar.)—
Osgood Co.
Saco
1
8-10
50c
7
.
preferred
1
8-
Per
Company
Trinity Universal Insurance Co.
9- 1
12- 1
8-10
9-15
12-15
8-25
$1.25
$125
—
conv.
50c
—
Co., Ltd.—
Participating convertible preferred (quar.)
Ontario Steel Products, Ltd., com. (quar.)_
1%
8-
8-20
;r
Name of
Francisco Ry.
preferred A vtc (quar.)
preferred A vtc (quar.)
Lowell Shops
(quar.)
conv.
i
Saguenay Power Co., Ltd., 4'A% pfd. (quar.)
50c
Supply
Beauty
Ontario
8-15
59 %c
A
When
Holdert
Payable of Rec.
Per
Share
„
,
""W-
of Company
Louis-San
Bt.
8-15
50c
Oas,
preferred
4%%
Old
preferred : (quar.)™----"
common <quar.)_—
(quar.)
—-—
4'/a%
Power
Ohio
Oklahoma
,
$1.12 *4
;
;.
Name
Payable of Ree.
Share
;J
Name of Company
Holdert
When
Per
*
resident
Less
d Less
tax
U.
British
3%
Less 30%
S.
closed
Funds,
Canadian
15%;
$1.25
for
less
funds,
resident tax
income
Wisconsin
tax.
this
15%
tax
dividend.
Canadian non-residents'
deductible
at
the
tax.
source.
Non¬
7%.
-
dividend
Jamaica income
tax.
tax.
"
'
.
.
;
.
<
Volume 170
Number 4827
THE
cubic
General
Corporation and
t
/
(E. R.) Squibb & Sons—New Director—
J.
been elected
yesterday.
has
ment,
announced
the
directs
Dahl
Mr.
Vice-President
Dahl,
and
company
laboratory
also
is
procedures.
'2148.
p.
:
clinical
for
as
well
has been with
He
t
and
responsible
products and their market form,
and
charge of resarch and develop¬
Carleton H. Palmer, Chairman,
Director,
a
all
in
the
;;'V 7
activities
research
the
for
as
development
new
of
of
new'
1930.—V.
Operating
Operating
Federal
V
*
169,
V.'
Standard Oil Co.
E.
Director
effective
signing
Mr.
Lindroth,
join
to
utive
who
comm'ttee,
retary
the
Secretary,
He
will
Petroleum
also
will
both
of
16.
Aug.
Creole
Lindroth,
(New Jersey)—Budget Director—
Assistant
be
succeed
Corp.,
served
Other
Burrill,
affiliate.
an
executive
the
who
is
committee.—V.
'
Gross
'
1
f'
.
"
from
Net
ry;
railway,...
railway—.
from
Net
1949
1948
$253,028
;.
oper. 'income.—
17,512
„
1,450,575
railway.;
Net from railway
Net ry. oper. income...
♦Deficit.—V.
5,904
.
*287,145
170, p. 12.
.
1,628,871
The
preferred
of
years
the
is
at
share
one
of
Proceeds from the sale will be used partly for reduction
debt and the balance added to general working capital.
Capitalization
consists
The
of bank
::,y
•
:..
.
its offices
,
continued heavy
demand, this corporation is stepping
up its' production to 7,000 from 6,500 units a week, according to H. S.
Vance, Chairman and President.
The
early
1949
rate
was
about
5,100 units, from which it was Increased to 6,000 units in March and
6,500 late in April.
';'y
.*t:r.
;.
-
Production
resumed'
Was
Mr. .Vance
hands; of
said
dealers
a
had
Studebaker
of
and
cars
trucks
in
steadily, despite greater output,
considered normal prior to the war,"
months
of
1948.
Mr.
period,' of
1949,
with
compared
115,211
i2.
p,
,
y;;:"
■
and
;?
Suburban Gas Service, Inc.
■
-
1604,-
■
,
-
*
-
.
>
SEC
for
3,000
holders
at
July
on
filed
21
letter of
a
with
notification
Any
par.
unsubscribed
stock
is
to
sold
be
th$ j
without" limit
Income
Net
—v. 170, p.
and
employees.
Proceeds
by
Manufacturing
&
combined
14
with
stockholders
stock
repeat
($5
will
be
Tennessee Central Ry.—Earnings-—
v**,
SJune^
Gross
-
~
Co.,
Inc.—Re¬
orders
other
from
♦Deficit.—V.
170,
247.
p.
corporation of a 211,225-share
that company, is proposed in a
with
the
Inc.,
Co.,
is
SEC.
named
principal underwriter.
the
as
shares
part
are
of
250,750-share block
a
stock
of
ac¬
at
$8
share.
per
&
Natural
Gas
Pipeline
Co.—Applies to
FPC for Authorization to Build 1,018-Mile Pipeline From
Gulf Coast Area of Texas to Point Near Joliet, 111.—
company, a newly formed corporation of Chicago, has applied
the Federal Power Commission for authorization to construct and
operate
1,018-mile
a
Texas
of
In
to
its
which
"yet
point
a
'
natural
be
Arkansas
terminal
location
in
Missouri
and
of
the
pipeline
to
Gulf
Coast
area
the project is
of
cost
to
The
the
39,796
*12,714
point
a
system of
it
proposed
New
.
England,
'•
'
25,613
application
file
to
under
1,678,037
238.156
193,841
*6,731
*32,531
*48,647
12:01
FAA":
of
Natural
Gas
Pipeline
Co.
make
sales
buying
from
to
now
are
of
gas
Natural
explained
revised
that
both
schedules
rate
Natural
with
and
Chicago District
"freezing" the
FPC
the
day,
Net
Net
Authority to
in
the
Federal
Power
Commission
Transmission
system
last
to
to
received
extend
present
The
ity to
nwr
its
of moves
"
first
extend
Buffalo
steadily building up its
that time and only on
since
Certificate
of
transmission
main
terminus, to
company
been
England
FPC
a
has
Co.
New
serve
a
Public
line
from
point near Buffalo,
then promptly filed Aug.
the
to
and
1950,
system
on
the
existing
systems
of
begin
construction
capacity
of
300
from
the
Convenience
Morehead,
Y.
and
Ky.,
pipeline
cubic
feet
15,
cited
from
of
in
addition
"
1947
1946
$256,171
$196,548
$173,774
56,462
38,265
*13,656
29,984
23,629
*37,194
*48,389
.1948
-
'
temporary
1,465,078
1,364,949
1,140,754
562,832
537,259
571,668
218,333
income
234,316
200,549
278,249
p.
247.
authority
for
RR
383 miles of 26-inch pipe to reach New England from
Buffalo,
authority to construct 543 miles of 24, 26 and 30-inch "loop"
paralleling the existing main transmission line, to construct
four new compressor stations totaling 34,000 hp. and to
enlarge existing
compressor stations by 51,200 hp.
'■ *
now
from
is expanding the existing system to raise the
the present 615,000,000 cubic feet to 831,000,000
York
filed
were
the
in
signed
with
the
L
U.
the
S.
District
Court
orders,
necessary
Public
State
Service
for
after
heavy *
f
,
Commision
its
lines
in
Manhattan
and
seven-cent
other
the
'Bronx
will
fare
subsidiary,
serving
continue
serving
-!
■
in
I
'
1
Further
year.
delay
threaten the
the
city's
in '^obtaining
$
'
P.
a
McGrath,
contention
that
-
for*"
riders
?
u
<
the fare increase, and *
January l to June 21 of
higher fare,
the petition
for
continued
company's
John
1,600,000
effect
daily
200,000
existence.
./
,,
...
representing New York City, 1
has the right to revoke the
it
.
in
effect.
validity
\'.'ty
.
Kaufman
ordered
further hearings for Aug.
11 to
the forfeiture clause in the city's franchise with
Tfye city rejected the company's petition for a fare
weeks ago, after the one-cent boost already had been
of
company.
several
ized
by
As
the
June,
July
Public Service
result
a
the
the
bus,
increase
author-*
u"'
f,
'
*
i%
the
of
company's failure to win a fare increase last'1,/
Third Avenue management said it was unable to meet the-*
the
interest
1
Commission.
test
its
on
reorganization
refunding
demanded
last
bonds,
March
and
agreed to an involuntary
three minority bondholders.
by
Trustees of the company are I. Howard Lehman and Lester T.
Doyle,*
with James Hodes, President of Third Avenue, as ati^additional trustee" *
to
assist in
the
reorganization.
Judge Kaufman Aug. 4 reaffirmed
Mr.
Hodes
for
the
as
trustee despite the
and Exchange
a
objections of George Zolotar, counsel
Commission.
*
Securities
Meanwhile,
the
arbitration of
trustees
agreed
Aug.
to
4
union
a
demand
for-»
contract and
a schedule for payment of
$1,100,000 I
due the company's, 3,800 workers.
The arbi-^::
tration was demanded by the CIO Transport Workers Union on
tl^e I
ground that negotiations for a new contract were making no progress.
in
—V.
new
a
retroactive
back
pay
170, p. 403.
;Two More Committees—
The
formation
holders
of
the
of
two
■
?,•
-
.
committees
more
company
act
to
on
disclose# AUg. 3. '
was
■
behalf
p
of; security
'
'
One group proposes to represent the company's ^adjustment' income r
bondholders and has taken the position that sale of the * company's *2
properties
to
should
continued
sists
be
of
York
New
Lowell
H.
City would be unwise and that Third Avenue'
private management. This committee con- v
under
Brown,
Chairman, George G. Kirsten and Hanns
Ditisheim, with Amen, Gans & Butler as counsel and Eugent Tuck, Sec.,
50 Broadway, New York.
<
A
second
committee,
shareholders,
the
New
a
Jack
began
167.000
York
Lehman,
Jacob
seeking
soliciting
shares.
common
stock
with
broker,
to represent the company's common.,,
authorizations Aug.
3
from
holders .4
group is headed by Louis Puglies,
as
Chairman, Alexander E. Joffe and,'
This
Benjamin
Gruber,
Gothelf,
Counsel.—V.
170,
Sec./
Broadway,
42
New York
v
403.
p.
Thomas Steel Co.—Plans New Mill—
The
directors
have
authorized
production
'V:
from
W.:
railway
The
oper, income—1
the
mill
for
from *
earn¬
replace
equipment installed from 1924 to 1934
2,000 tons per month additional capacity
manufacturing costs. The new facilities will
production
in
of
wider
a
quality, which will
products of the company,
Completion
1947
1948
1949
'
1946
$8,881,091
the
of
project
sizes
of
range
better-serve
and
the
guages
trade
and
demands
improve
for the
is
planned
April,
for
2,629,146
1950.
*. 1,084,174
1,092,577
1,074,447"
plications.—V. 169, p. 2149.
1,096,093
V
.*
:
1,513,167
Toledo Peoria & Western
June—
Gross
57,924,923
63,301,504
55,003,374
50,454,689
13,748,154
17,292,500
17,559,347
9,820,291
Net
from
5,134,403
7,324,960
7,319,426
6,488,905
Net
railway
Texas Power & Light
Period End. May 31-
Co.—Earnings—
1949—Month—1948
Net
1949—12 Mos.—1948
Operating
revenues——
$1,844,726
expenses—_
910,269
900,516
11,262,645
193,763
2,656,043
91,133
1,087,599
140,000
1,787,900
1,555,000
*39,054
30,005
47,262
*61,769
2,327,126
2,112,445
393,870
767,745
703,737
♦158,314
——324,410
321,236
♦265,162
1—
railway
—
railway
oper.
-
income
♦Deficit.—V.
1,103,121
160,000
1947
$117,280
95,753
/
r.'""V
2,637,148
97,964
ry.
.1948
'' $391,184
10,502,927
208,787
from
Net
'
$378,370
95,764
:
income..—
oper.
from
1949
••
railway.
railway.—
Jan.
From
Gross
RR.—Earnings—
"
.
from
railway—^
from
taxes
direct
—
taxes
of
$1,745,388 $22,718,565 $21,246,270
Trenton
drawn—
res.
limited-term
'
investments
Net
*
1,270
"
380
8,987
3,855
$419,596
$5,915,391
$5,444,219
The
the
oper.
$466,436
revenues-
9311
7,896
67,707'
-
30,275
p.
148.
and
■
withdrawn
.
registration
July
statement
.,
-
,
■
filed last March 30 with
of 131,841 shares of 6%
common
stock
($2. par)
proposed offering
class
B
preference
covering
a
convertible
cumulative
•
Co.—Registration Statement With-r
Chemical
yy,:
company's
SEC
was
170,
29.
According to the request for withdrawal, the company "has beeh, In¬
by the principal underwriters that due to present niarket
conditions, it is not possible at this time to form a selling group and
to market the securities.
The company also indicated that, due
formed
-
Gross
Interest
income
—
other de,(net)——is
$467,367
$427,492
$5,983,098
$5,474,494
*140,466
148,531
1,723,513
1,454,088
and
ductions
.
to
the
lapse
statements
.
;
V
v
$8,185,361
1,895,528
railway——
Net ry. oper. income
170, p. 247,
Net
will
reduction
Strip Steel. Funds are available
which has been accumulated from
approximately
reductions
as
product
From January 1—
from
mill
new
provide
well
cold
Rolled
Property Purchase Fund
ings over a period of years.
and
;
expenditure of $1,200,000 for
company
is currently announcing the addition of Chronium
Strip Steel to its list of specialty products. Broad usage is
anticipated for automotive ornamental trim and other decorative ap¬
2,603,790
$9,704,759 $10,179,559
Net; from railway—
Gross
Cold
of
the
modern tandem
a
Plated
—Earnings—
construction
the
company
New
a
the
of
The
Orleans
"
also asks
The
effect
Transportation llr
objections
;•
petitioned Judge Kaufman
operating losses of $2,048,500 from
Judge
15,328
Texas & New
Amortiz.
terminus
lines
daily capacity
into
put
Surface
despite
trustees
permit
1,554,844
Property
retirem't
appropriation
application for author¬
authorized
asking
to
4
of
,
...
the
70,690
i :
to
Aug.
lines
company's franchise if a fare increase is placed in effect without
city's approval. He indicated, however, that no such action would
be taken while a court injunction in connection with the
reorganization
the
-Earnings—
railway-
•Deficit.—V.170,
Other
the
Worcester,
application,
bus
subsidiary,
The company asked that the rates go into effect, at
Aug. 7.
Surface Transportation now charges a seven-cent
reasserted
per
railway-
oper.
Federal
Necessity
near
Mass., a distance of
383 miles,
from
terminus all six New England states can be served by distribu¬
companies now handling manufactured gas.
The
permission
the
on
Corporation Counsel
which
tion
rates
new
stated, would
1951.
Operating
-
July .29
N.
2 its
Court Permission ;
T ■' 'AA'r'\r"-' j-
Corp.—Gets
operating
District
Westchester.
of the new pipeline,
million
to complete the job before Nov.
$235,932
railway—
railway
from
Net ry.
inaugurated by the com- r
pany in October,
1947, to bring natural gas into New England was ;>
announced by Gardiner Symonds, company President. 'The Tennessee '
Gas
proposes to
have an initial
.June—
completed into New England, the Tennessee Gas Transmission
Go's system would be approximately 2,142 miles long,
1,759 miles of
which already have been authorized by the Federal Power Commission.
long series
through
1949
from
from
Gross
'
When
a
$793,443
$22,759
.
Judge Samuel H. Kaufman
on
The
.
increase the authorized daily capacity of the system to 1,260,000,000 >
feet at an approximate cost of $94,000,000.
in
deliveries
Illinois
would
by October,
Net ry.
^
cubic
latest
make
present
■From Jan. 1—
pipline company asked the FPC for authority to complete the
expansion of its natural gas pipeline system into New England and
The
would
and
their
to
,
with
court
increase
passengers
daily.
The
Third Avenue Transit's
as
The
to
available
,
filed
Transit
received
fare
a.m.
fare
and
gas
Net ry. oper. income
2, by the Tennessee Gas Transmission Co.
Aug.
trustees
The
of
Gross
r
population center in the United States
service, would receive natural gas >
fields of Texas and Louisiana by the fall of
application
an
$25,101
Southern
customers.
Texas Illinois
proposes to meet the requirements of these customer companies over
and above the amounts available tb them from Natural or Chicago
of
Texas Mexican Ry.
.natural: gas
1951
at Washington,
$727,086
106,085
'
purchase and installation of
*21,274
.
2,098,189
largest
the
authorized I
the' abundant -gas
517,400
8,337"
15,800
immediately.
line,
run from a
Houston,
Texas,
connection with the
*
expects
which
the
and its affiliate, Chicago District Pipeline Co.
perhaps also to other utilities operating in the general territory
adjacent to the proposed new line.
which
359,148
Gas Transmission C<h—Seeks
from
458,700
11,228
16,700
the trustees pleaded for prompt action in view of the company's
operating losses so far this year.
V/;.'
• ; .
,
would
around
area
•
that
utility/.companies
that
diameter,
the
''
explained
company
stated
30-inch, external
of America near Joliet/
The
the
from
ill,. Estimated
Texas-Illinois
of
easterly
The
1946
Build Pipe Line from Buffalo to Worcester, Mass.—
without
$1,416,927
...
application
would
pipeline
gas
Joliet,
near
,
undetermined"
Gross
Tennessee
»
328,620
$1,313,152
127,366
•
income
one-cent
is
its
propose
$294,432
:
2,364,946
■
372,410
$46,896
$53,028
Corp., its principal
City of New York.
govern¬
selling stockholders, Kuhn, Loeb & Co. and Union Securities
Corp. are selling the largest blocks, 62,500 shares each (all of their
respective holdings).
Hemphill, Noyes & Co. is selling 25,000 shares
of its 31,000 shares, and
White, Weld & Co. is selling 13,125 shares
Texas
1947
$325,379
-
$1,088,307
29,974
.
32,593
109,675
«
$940,742
"
the
of
June—
N^t ry, oper. income—
$16,922
20,663
,2,543,745^
these two companies.
- 69,040
railway—__
2,207,266
.^Rilway—405,166
$32,365
•
£
$3,632,052
170, p. 345.
this
Read &
amounts
construction.
1948
from
from
2,779,348
deductions-
Federal
the
-
;
From Jan. -1—
Gross
for
$393,587
1949
.
from
railway
/s $314,272
Ne.t from railway38,024
Net' jry.;oper^ income^
v -A
*134
Net
used
189,100
.
Third Avenue
Corp.—Registration Statement
of
par)
filed
statement
211,225
.
to
;:y^-;yy,y
247.
206,085
for 1-Cent Fare Rise—
District
stockholders
$3,720,090
income
Gross
'
'
and
cumulative preferred stock ($100 par).
stock wiH be offered for subscription by stock-
The
'
v
.
Pipeline Co. of America
r"
shares-of 6%
■
underwriter.
order
common
directly
•
$206,022
-
income
1949—12 Mos.—1948
$238,450
$3,123,172
mortgage
through
>
Telluride Power Co., Richfield, Utah—Files—
The' company
Operating
375,678
$3,781,620,
.
Trust
$98,966,700.
PURPOSE-r-lt is the'intention of thc cdmpahy to use the proceedsdefray a portion of the purchase price of the Antelone Liauid Gas F
Co., a sole proprietorship engaged in the liquefied petroleum gas busi¬
p.
*
162,090
bus
to
''Ar'zitiO
to
169,
375,678
1——-
^
($25 par) at par. Stock is convertible-through Feb. 28,1959.
ness.—V.
period
The
Stock Offered—Wagen-
—
for
_
Texas Illinois
seller & Durst,- Inc. and Lester & Co.; recently offered
4,00.0. shares 6% convertible preferred shares, . Series -B<.
No
requirements
>
yyyy'-yy' A:.A
.
816,994
Co. acquired 56,250 shares and
Hemphill Noyes & Co. 31,000
while 14 other purchasers acquired blocks ranging from 1,800
shares to
15,800 shares (all but one-of this.-group of 14 were-in¬
r
Fi
dividuals).—V. 170, p. 247.
'
-
Vance
_
.
$3,498,850
shares,
said that the figure for the first half of
1949 exceeded that for any full year prior to the war.
Public showing of the new models will be made later this month.
—v..170,
1,231,529
$4,157,298
by the selling stockholders in July, 1948, at $8 per share. At
time, 625,000 shares of the stock were sold to 23 companies and
Weld
the corresponding
in
348,895
*
—
the
corporation produced 151,380 passenger cars and trucks In the
first" six
86,993
26,250 shares (White, Weld sold 30,000 shares privately in
1949),
According to the prospectus, 62,500-share blocks were
acquired in July, 1948, by The First' Boston Corp., Kuhn, Loeb & Co.,
Lazard Freres & Co., Nassau
Investors, Inc., Pinemont Co., Inc. (San
Francisco), Stone & Webster, Inc., and Union Securities Co., White,
the
declined
we
650,781 >
—
1949—Month—1948
May 31-
Other income
that
of
Aug,- 1 at the Studebaker plant in
weelc's shutdown for annual Inventory.
stocks
that
"are; weU below what
The
on
following
v,:,
—;
income.-
__
$4,315,844
April,
.
South.Bend, Ind.,
$5,388,827
$404,800
$317,807
Engineering
individuals
Studebaker Corp.—Increases Production—
result of
:
—
Operating revenues
Oper. expenses, etc.:
quired
-■
Of
a
19,905
public offering price and underwriting terms are to be supplied by
amendment.
None of the proceeds will be received
by the company.
The
•
in
Steger, 111., a suburb
of - .Chicago, was incorporated in Illinois Feb, 25, 1943,
Corporation
produces juvenile furniture, wheeled toy items, and radio cabinets.
As
fir t
sale
of
Dillon,
'
and plant located
,■:!;
■
y
Texas Public Service Co.—Earnings—
$4,295,939
26,374
The
of
•
.
.
Company with
$5,362,453
3,572.
130,123
.
registration
2,000,000 shares of (10c par)
common
stock, of which 765,000 shares are outstanding, in addition to the new
preferred issue.
1,032,000
$401,228
$302,239
—..._
dividend
new
block
stock.
common
94,000. V, 1,337,700
Texas Gas Transmission
at $3.10 per share within two)
thereafter, plus dividends. Each share of
$3
into
1,275,958
$432,362
etc., charges
Bankers
The
redeemable
Is
and
convertible
1,465,804
ments, company officials said, has raised TEMCO's 1949 volume in
military and transport aircraft spares well over the $250,000 mark,
—v. 170, p. 403.<
y.yy;/y-*yyv '■£
■
at par.
stock
issuance
preferred
■-■■V 107,616
Receipt of an initial order from the Ecuadorian Air Force for apprximately $10,000 worth of spare parts for C-47's, PT-19's and AT-7's
was announced on
July 29 by this company.
Guardian Securities Corp. made a public offering Aug. 3
of 100,0.00 shares of 6% ($3 par) cumulative convertible
stock
••,,
.
_
"
25,955
—
railway.
railway
48,699
—_
income—
January 1—,.
Period End.
ceives Initial Parts Order from Ecuador—
23,907
*299,618
'
•
operating
from
from
Net
2,194,653
3% bonds, series due 1978, are available
Co., 16 Wall Street, New York, N. Y„ and at
the Fort Worth National
Bank, Fort Worth, Texas, in exchange for
outstanding temporary bonds of such issues.—V. 169, p. 2688.
*6,442
.
Gross
9,321,313
:
•58,156
1,852,891 \* 1,590,463
116,379
65,943
*266,887
*283,315
railway
From
—V.
at
Steger (111.) Products Corp.—Stock Offered—The First
preferred
2,442,028
4,450
;
income
Texas
from
216,380
Definitive Bonds Ready^-
%
$274,586
27,643
Net
1949
$105,318
——
,
railway—————
1949—12 Mos.—1948
10,194,960
I
from
51
'
'
•
railway——'
from
Net
Net railway operating
—V. 170, p. 248.
795,572
$427,912 y
•
Texas & Northern Ry.—Earnings—
«' ••
1'
'
June—
Gross
$1,614,796 $20,802,945 $18,119,863
124,200
approp.
income
Preferred
from January 1—
Gross
au¬
1,060,000,-
Buffalo.
931,694
revenues-
income
Net
T'Y
*30,223 *
•
.
"
program
to
199,379
res.
oper.
Interest,
f
Sec- "j
170,
1946
$266,559
.
*10,885
extension
144,433
retir.
Definitive
1947
$335,785
46,4-30
-
*30,161
expansion
daily capacity to
(535)
Federal income taxes.
exec-
Assistant
Staten Island Rapid Transit Ry.-—-Earnings'
the
395-mile
1949—Month—1948
:
Balance
June—
the
on
raise
the
$1,827,618
revenues
expenses
taxes
Gross
*
re-
403.
p.
start
to
CHRONICLE
*
v
■"
company's
Larson,
O.
FPC
includes
taxes
Prop,
Other
Budget
appointed
L.
C.
by John
and
been
Secretary of the
as
succeeded
company
has
immediately
by the
This
Period End. June 30—
>
Net
John
will
29
feet.
FINANCIAL
Texas Electric Service Co.—Earnings—
,
techniques
process
since
company
and
July
cubic
&
The
company's new application to increase the capacity another
200,000,000 cubic feet daily and extend to New England, states that
the extension will serve an area in
Ohio, New York State and New
England with a population of approximately 7,000,000. The company's
original pipeline from south Texas to West Virginia was put into
operation in 1944.—V. 169, p. 2757.
A
(Continued from page 12)
feet
thorized
000
Investment News
Roland
COMMERCIAL
Net
Pref.
—V.
income
stock
—
dividend
170, p- 345.
$326,901
requirements—
$278,961
$4,259,585
$4,020,406
865,050
865,050
company
ing
new
as
of
of
time
a
.
since
more
the
recent
statement
date
would
was
have
filed,
to
be
financial
filed, and the
new
"does not deem it advisable to go to the expense of prepar¬
financial statements and to proceed with the proposed publio
Offering.—V.
169,
p.
1605.
T
THE COMMERCIAL & FINANCIAL CHRONICLE
(536)
52
arrangements with Hayden, Stone <fc Co. whereby holders,
of fractional shares, or if desired additional fractions may
purchased so as to acquire a full share. This offer applies to the
■ring
the
■nay depose
be
fractional
of
holders
class
of
shares
A
stock
common
Fox Film
of
to
for each eight shares then held.
by amendment.
Unsubscribed
shares will be sold at competitive bidding.
Net proceeds of the bond and stock financing will become part of
its general funds and may be applied to any of its corporate pur¬
poses, including capital expenditures for construction.
The construc¬
tion
program involves estimated expenditures of $42,150,000 for the
years
1949-1951, of which $12,251,000 will be expended in 1949.
13,
The
169, p. 2215.
City—Partial Redempt.
29th Street Towers Corp., N. Y.
The -corporation has called for redemption on Oct, 1, next,
10-ycar 4% second mortgage (now first mortgage ( bonds due
Competitive bidding will determine the interest rate, offering price
underwriting terms of the bonds.
The new common shares are
be offered to stockholders of record at the close of business Sept.
—V.
$30*000
170,
Gross
through the usual channels.—V. 1G6, p. 752.
Net
Utah Ry.
r
$
$
cqlpe
Other
lpec
1,487,805
1,883,199
$93,155
$149,351
$155,792
'*31,305
3,300
9,493
19,991
*29,962
13,312
886,210
881,028
1.044,871
*80,026
288
185,085
681,764
58,007
*123,663
ry. oper. income—
♦Deficit.—V. 170
p. 149.
♦23,544
70,171
9,315
income—
oper.
ry.
Cost of
railway
97,922,458 103,297,108 209,215,042
6,810,009
4,773,676 13,859,294
215,333,248
9,448,611
depletion.
2.70%
promts-
and
vYix
1,012,500
10,252,237
1,012,500
15,294,510
2,025,000
25,541,779
Act
of
are
to
exchange
17,596,720
24,041,851
42,126,139
47,061,574
out
covered in an
the 25,125 shares of A. R. Maas outstanding
of 250,000, Victor Chemical already owns
♦Based on
President and General Manager.—
Harry E. Wells has been elected
V. 169, p. 2639.
Central
and
Operating
Operation
Lines)—Earnings—
Union Pacific RR. (& Leased
BETWEEN THE COMPANIES)
1949—6 Mos.—1948
{EXCLUDING OFFSETTING ACCOUNTS
Maintenance
Railway
oper.
revenues.
Railway
oper.
expenses-
180,444,678 198.975,871
25,373,614 156,325,787 154,643,020
34,302,863
33,356,058
26,518,250
-
—_
$454,954
24,118,891
5.550,000
13,045,575
57,764
57,764
693,168
195,162
3,063,654
402,310
335,940
4,439,079
1,051,847
6,035,902
5,332,299
4,172,448
Dr512,586
12,842,846
13,997,377
13,862,764
2,822,728
2,627,461
29,333,071
3,169,511
8,929,249
1,900,000
3,250,000
693,168
-
2,880,364
3,804,994
Other
2,214,084'
1,149.539
taxes
:
Equip. & jt. facil. rents
'(net)
.~tl
•'
$8,339,638
$9,631,420
$822,603
5,768
$630,913
3,068
80,373
216,682
2,984,304
The
from
portatlon
$573,797
♦Income from
operations
Income
•>
2,251,642
(net)*..—
$411,163
$6,566,743
1,447,355
2,302,686
1,102,129
>
■
Fixed
4,922.696
other
7,577,263
16,307,519
509,112
Income
&
—V.
744,006
James
Harry
$5,119,388:
525,243
3,097,840
charges-
June—
sources
♦Excludes
the
4,413,584
—
Income
Federal
tThe
taxes.
26,163,560
13,209,679
7,052,020
decrease
of
1948, resulting from reduction in
—V, 170, p. 148.
May 31,
rate from 3%
tax
V»%.
to
Aug.
on
that
27
an
compared with 1948.—V,' 170, p. 403u
es
air
cargo
Net
$2,302,300
816,472
1,068,601
727,961
479,504
1;
Net
ry.
—V.
'
6,223,056
income
248.
oper.
170,
P.
.
4,099,471
3,824,012
'
r:
1
,
"
v
i
»,
(
fall
new
has
be
will
rates
announced
sail from New
Which
The
fall
new
fcegln at $320.—-tV. 169,
through
2
Dec.
9
on
the Great White Fleet cruisps i
Friday to the Caribbean.
17-day cruise to Havana and Guatemala
every
the
on
Sept.
from
floor
and
'space
p. 2216.
Merchants
&
The
cellulose
Inc.—To
Close
The
cotton
manufacturing division of Arkwright Corp.,
a
sub¬
sidiary, in Fall River, Mass., will be closed as soon as cotton in process
Is run out,
according to an announcement made on July 29. The
manager of
sion
next
the division,
made
was
is
three
most
that
expected
months,
will
Net
from
Net
ry.
from
from
Net
ry.
—V.
railway
Income—
oper.
170,
2,245,997
1,020,357
1,206,010
206,516
433.095
44,136,306
7,713,145
2,623,013
51,370,689
45,941,251
12,485,719
37,361.559
5,998,343
2,962,425
5,926,579
other
taxes
196,192
retirem't
145,028
143,357
at
Gross
1,650,781
84,166
84,166
1,010,000
1,010,000
$305,991
$233,729
$3,480,548
$4,092,053
864
802
85,995
17,082
$306,855
$234,531
$3,566,543
$4,109,135
.
income——*.
Interest
other
and
Dividends
82.476
943,486
$152,055
Development of a new rubber bearing which radically simplifies
design of oil well pumping units was announced jointly on Aug. 2
this company and Cabot Shops, Inc.
'
v
which
is
used
of
in
parts
the
evener
for
required
assembly,
pumping
reduces
unit
con¬
Field
In West
tests
that
standard
and
simultaneously
Ind.,
development
at
plant
Cabot
of
work
Shops
U,
S.
on
the
bearing
was
In
Pampa, Texas and
Rubber.—V. 170, p. 149,
Peninsula
Power
Co.—Ruling
on
carried
out
A
ruling
is
expected
$2,623,057
$3,119,110
210,000
210,000
the
SEC
bidding.
■will
be
the
Fort
Stock
Sale
on an
application to
shares from competitive
The proposed offer, originally scheduled for September, 1948,
by Consolidated Electric & Gas Co.
of New York
and
made
Middle West Corp.,
of Chicago. Consolidated will sell 120,000 shares of
Peninsula
while Middle West will sell
34.000
shares.
The
offering was delayed Initially because Upper Peninsula's operations
Upper
were
area
adversely affected by a severe drought last year in the Michigan
which it serves.—V. 169, p. 2689.
22,528
'118,694
'.126,185
$889,805
$4,147,433
$2,760,727
233,121
$2,786,947
170, p. 345.
1,386,756
-
Western-Pacific RR. Co.—Earnings—
.
COMPANY ONLY
OF
Net
$3,550,227
*751,451
Net
ry.
income.—
330,262
oper.
1947*"
1948.
1949
.....
from, railway—
from railway.::J—_
$2,931l,892-
$3,837,968
$3,243,846
882,644
504,672
399,963
' 551,531
?; 225,013
20,161,848
19,802,178
17,827,103
19,750,263
3,602,613
( 3,926,408
2,782,485
1,570,015
2,077,435
1,033,527
■i
165,065
3,721,703
1,575,044
'
-
From Jan. 1—
Gross
from
ry.
railway
railway:
from
Net
income—
oper.
—v. I70r p,ii49.
-:v;vv.•■-•*...
:
Alabama—Earnings—
1949
1948
1947
1943
$297,531
$361,097
$319,095
$303,979
69,237
71,280
41,101
8,193
34,175
; 28,933
31,242
railway...
railway
1,981,618
2,226,386
1,946,081
1,835,045
273,527
504,865
341,613
154,601
income..
101,363
225,534
118,230
155,837
from
Net
Net
ry.
railway
railway
from
income..
oper.
From
32.003 .' V
Jan.
1—
from
Net
from
Net
ry.
oper.
170,
149.
p.
Offered—Halsey,
Stuart & Co. Inc. and R. W. Pressprich & Co. on Aug. 4
offered $6,870,000 general and refunding mortgage 2%%
bonds, series B at 98.875 and interest.
was
awarded Aug. 2 on a
interest cost of about 2.855%.
bid of 98.132,
net
a
Five other bids, all naming
27/s% coupon were received viz: Lehman Brothers, -;
99.369; Shields & Co. and Harris, Hall & Co., Inc. (joint¬
ly) 99.21; The First Boston Corp. and Kidder, Peabody
a
Dated
Aug.
1949;
15,
due
Aug.
15,
Principal
1974.
and
interest,
15 and Aug. 15) payable at office of trustee in New Yorki ' Bonds
redeemable at the option of the company, in whole or in part,
(Feb.
be
any date prior to maturity upon at least 30 days' published notice,
and, through operation of the sinking fund, upon at least 30 days' pub-
on
notice,
initial
redemption
Issuance
any
sale of
and
.
,V
interest payment date beginning Aug. 15, 1950, V
prices being 1017/s% and 100%, respectively, of the ~
on
these bonds
Interstate Commerce Commission.
are
,Y
.
rv_.'
subject to authorization by the
-
,•
Y,x,
received
located
the
funds
note and
interest 'at
made
LEGAL INVESTMENT—In
bonds
from
will
Connecticut.
be
authorization
SEC
the
would
State
be
of
used
to
the
on
New
to
repay
an
pany,
time
time
to
from
Aug.
1,
1949
to
Nov.
1,
1950.
The
intends to repay these loans from the proceeds of
manent financing contemplated for the year 1950.—V. 170, p. 345.
Wiegand
L.)
proceeds,
will,
on
or
course
p.
registration
shares
Registration
Statement
of
statement (No.
common
stock,
7686)
filed Sept.
28,
was
withdrawn
Julv
1948,
covering
15.—V.
168.
1406.
together with other company funds to the
before Sept. 1, 1949, be deposited in trust
4%
gold
the
com¬
which become due on said date.
CONTROL—Company is controlled by New York, Chicago & St. Louis
which, together with a wholly owned subsidiary owning 1,420
shares, owns 247,565 of a total of 339,585 shares of common,
stock and 115,423 of a total of 116,093 shares of prior lien stock of
the company, or 79.66% of all outstanding shares of the company.
common
Clothier,
announced
that
Chairman
the
deal
a
grape
growers,
group,
July
30
was
proposal to sell this company to the National
Association for $3,000,000 had fallen through and
cancelled because
of
the
failure
to
raise
$3,000,000
date
like
perpetually, to Nickel Plate, of all the lines
properties and rights of the company,
and in connection therewith Nickel Plate applied for authority to as¬
sume obligations under the terms of the
proposed lease. Division 4 of
of
railroad
the
and
Interstate
'
terms
certain
other
Commerce
Commission
filed
a
report
and
entered
=
an
dated July 21, 1949, and effective 40 days thereafter (Aug. 30,
1949), approving and authorizing the proposed lease, subject to certain
modifications and conditions.
;•
X 1
order
12:01
on
the
Grape Co-operative
that
of
of Oct. 13, 1948, the company and Nickel Plate jointly
the ICC for approval and authorization of a 99-year lease,
for
Under
The
Welch Grape Juice Co.—Sale Falls Through—
Paul
t
the
for the listing of
applied to
■'§;
Withdrawn—
200,000
Co.
.
RR.,
per¬
company
*
Exchange.
payment of $6,870,000 first consolidated mortgage
of Wheeling & Lake Erie RR. heretofore assumed by
bonds
to carry out
required,
York Stock
the
previ¬
outstanding
As
apply in due
LISTING—Company will
$4 500 000
borrow
Washington.
opinion of counsel for the purchasers,.
banks in California,
of), Rhode Island and Vermont,
for
the company's construction program.
which would
be
represented
by
notes
bearing
2% to 2(4%
and maturing Nov. 1, 1950, would be
from
the
investments for savings
New Hampshire, New Jersey, New
York, Pennsylvania (savings banks organized under general laws there-
extent
From Banks—
in
legal
Maine, -Massachusetts,
renewable
in
shortly
common
21,900
$2,909,110
preferred stock
990.025
borrowings,
The
from
has
banks
reported,
The
Expected Shortly—
exempt the proposed sale of 154,000
!
PURPOSE—The
Company
certain
(Edwin
Upper
743.341
$537,978
________
income
$656,684
345.
p.
$1,965,000
Panhandle and Louisiana oil fields, have
bearing wears at least twice as long as the
installation.
type
Research
Wayne,
The
from
Texas,
rubber
the
$4,021,298
238,321
bonds
170,
ously
struction.
shown
applicable to
To Borrow $4,500,000
by
number
$226,828
—
Balance
the
the
75,964
$4,077,505
$299,657
these
de-
$2,413,057
income
Net
-V.
38
*
'
84,331
$867,277
$516,069
$3,534,012
627,824
13,906
of
of
Inc. above.—V. 168, p. 256.
bearing,
income-
oper.
$3,353,921
174,570
-
principal amount, plus accrued interest.
of
United States Rubber Co.—New Product-
to
f:
replacing
Manager of
1949—6 Mos.—1948
$706,613
124,861
14,399
lished
Net oper. revenue-,—
Other income
(net)
S. Airlines, Inc.—Receives Permanent Ctf.—
new
2,006,817
1,606,895
1,623,332
151,146
res,
80,027;'
100
I
was
income
will
taxes
&
7,647.405
9,720,217
695,557
'684,711
other
appropriation
company
The
s
& Co. (jointly), 99.17991; Harriman Ripley & Co., Inc.,
99.1399; Salomon Bros. &v Hutzler> ;98.882.
.
.
<
1949—12 Mos.—1948
1948
$1,301,837 $17,484,878 $16,363,170
$1,422,206
&
income
Federal
5,279,472
.
Earnings—
1949—Month
expenses
169.
13,813,861
Washington Water Power Co.Period End. May 31—
revenues
has called for redemption on Sept. 1, 1949, a total
$1,282,500 of collateral trust bonds, scries "B" 3%, due May 1, 1952,
lOO'.'z
and Interest. Payment will be made at The Royal 'Bank
Canada, Montreal, Canada, in lawful money of the Dominion
Canada.—V. 150, p. 1062.
from
748,786
$3,878,543 $22,314,685 $21,447,703
2,561,930
15,446,673
15,102,787
610,000
3,334,090
2,991,000
Wheeling & Lake Erie Ry.—Bonds
1946
$6,026,438
693.203
$7,012,553
404.
p.
Property
See Slick Airways,
(net 0r)_
The issue
railway—_
Federal
United Securities Ltd.—Partial Redemption—
U.
formerly
charges
From Jan. 1—
Property
The
P
-
for June
of
total
Net
.
1947
$8,713,496
income
Operating
("American Wool and Cotton Reporter").—V.
*
469,695
railway
oper.
Operating
stated that the deci¬
to
99.36%
a
$4,196,199
.1,409,252
—V.
$7,386,912
1,349,571
railway
within the
due
(Cr)__
rents
income
Gross
will begin in
and Lindsay, Ont.,
casings and other
'
1943
1943
conditions.
was
the
7%
of
345.
p.
$405,607
Western Ry. of
Terre Haute
at Chicago,
(
*,
market
and
be
2149,
p.
ry.
Other
income
rents
fac.
Gross
plants
completely shut down
Hugh C. McKelvey, Jr.,
reluctantly
the mill
of
out
1949—Month—1948
2,551,940
446,000
Gross
a
from
Gross
Fall River Mill—
It
flown
Mitchell
170,
$3,403,547
expenses
'V'
^
large producer of cellulose sausage
and plastic materials.—V. 170, p. 248.
is
of
week
2,048,758
4,789,601
Construction
workers.
additional
125
with
firm,
Canada,
Gross
Manufacturers,
decrease
a
corresponding
named Director of Research,
Mr.
Control.—V.
revenues——
Equipment
Jt.
•••
,4,
September.
Net
United
resigned.
Sale
June—
June
effect
in
York
rates
that
11,865,930
3,155,482
18,423,990
7,773,774
Wabash RR.—Earnings—
company
were
has been
28,
Karst,
Taxes
Net
; V
17,791,835
5,880.223
18,340,106
railway.
from
-
$2,955,893
1,160,669
384,687
railway
from
Gross
1948-
»»
$3,567,317
1,493,516
income
oper.
>
$2,458,290
539,065
railway...
from
ry.
for
company
kwh,
the
-
-
United Fruit Co.—New Fall Rates—
This
for
operating efficiency of
an
miles
Gross
corporation has announced a $1,000,060 expansion of its North
Little Rock (Ark.) plant to provide an additional 70,000 square feet of
drive
<
this
of
97,757,300
kwh
.1
Mitchell,
and
Operating
Operating
$1.54
The
has been
.scheduled by this corporation for August to further bocst air freight,
mail and express loads, already running at an all-time high.
According to M, P. Bickley, Manager of air cargo sales, air cargo
volume was up more than 15%- in the first six months of this year
announced
was
'
$1.51
•
Visking Corp.—Plans Expansion—
United Air Lines, Inc.—Air Cargo Volume Up—
It
;
:%• 1949-'."'1948V* V- ;V V1947
railway
.
June, 1949, figure was due principally to adjustment last year \
overaccrual of
unemployment
insurance
taxes
from
Jan,
1
to
of
———
stock——
From Jan. 1—
from
$1,759,130
reports
EARNINGS
X
from
Net
all
from
income
properties
totaled
105,104,000
scheduled
170, p. 48.
Gross
a
$4,531,482
stock
common
has
mile.s.
E.
Traffic
1,447,355
Virginian Ry*—Earnings^-
Net
Net
for
Balance
Earnings per share of common
■'
Total
itself
404,
p.
.
June—
1,096,869,
sources—
which
company
company
$5,978,837
requirements
Preferred dividend
shares).
New Director of Research Named—
investm'ts
from
other
and
1,574,185
holding
Fixed
income
Net
trans-
opers.*—
oil & gas
-
170,
corporation
when
2,287,401
amort..
and
Interest
result¬
Power
Western Air Lines, Inc.r-June Operations at 99.36%—-
-V.
inc.
Net
■
of
(583,999
and assets of Rail¬
which in turn owns
73,400
243,038
(Dr
income
Other
assets
stock
property
the
subsidiary
a
electric
1949,
30,
of
Operating
revenuesi-_
Net oper. ■
44,332,251
13,450,000
12,707,706
6,837,808
the
in
Monongahela
plan,
Western Maryland Ry.—June Earnings Decline—
269,660
Net revenue from rail-
the
of
July
output
1948.—V.
Net
; ' way r operations —
Federal income taxes-
output
ended
the
over
Period End. June 30—
$4,055,745 $53,658,930 $47,313,148
2,211,553
28,056,929
24,772,751
348,499
4,193,911
3,613,145
275,914
3,580,769
3,209,088
2,274,602; 1
356,450'.
taxes
the
the
owns 28.5%
of the stock of Power,
of the stock of Monongahela) will consist solely of those related
transportation service; and there will be no holding company in
week
1949—12 Mos.—1948
-
taxes—
Other
of
of
Electric system having a
subsidiary company which is
Co.—Earnings—
316,646
Federal income
diminution
a
Electric
the
ap¬
Bank & Trust Co., transfer
cumulative preferred shares, special
$4,500,035
____
has been
Depreciation
Amort, of plant acqui¬
sition
adjustments—
1949—Month—1948
Period End. June 30—
revenues
York
New
of
1949—Month—1948
Period End. June 30—
to
(which
to its
Hanover
& Power
Virginia Electric
City
the
agent of the 18,338 shares of 2Vi%
series, $100 par.—V. 170, p. 248.
Cleveland—President-
Union Commerce Building Co.,
Bank of
National
registrar
pointed
sale
consummation
scheduled
Chase
The
provision of the plan provides that the public holders
stock (approximately 5.4%), will be paid $2.30 per
common
compensation for
as
Upon
Appointed—
Registrar and Transfer Agents
$1.63
$1.46
$0.83
28,807,314 shares.—V. 170, p. 403.
$0.61
shared
plan provides for distribution by West Penn Railways >
surplus cash and stockholdings in West Penn
assumption by Electric of all of Railways' bond obli¬
Weekly Output-
2,167 shares;
♦Earnings per
filed by Electric
the SEC approved a plan
simplification of the West Penn
corporate
an
accounting
reorganization
of
Railways.
Part II
purchase from Power by Electric of a block of Mononcommon stock.
principal
ing from
22,985 common shares of A. R. Maas as
for
agreement dated June 9 of
of a
total authorized
2,025,000
30,707,165
Net income
and
Power
has registered with the Securities and Exchange Com¬
additional common shares under the Securities Exchange
1934. These shares with a like number of 3'/2% preferred stock
be issued to 30 stockholders of A. R. Maas Chemical Co. in
_
taxes
notes
sory
Income
Co.—Simplification of System—
Railways'
the
the
Work*—Acquisition, Etc.—;
mission 18,368
sell¬
goods sold,
of
Co.,
gations;
ways
The company
304,575,598
ing, gen. & adm. exps.
Deprec,
Int. on
Electric
Power
58.4%
railway
from
from
Net
133,593,924 153,419,645 292,767 254
—
Part I of the
to
14,943
*931
Victor Chemical
Total
$125,343
railway-
Net
302,086.264
4,019,010
2,489,334
131,710,725 151,931,840 238,748,244
(net)
income
for
company
share
From Jan. 1—
S
allows...
and
returns
.
decision announced July 28
a
of Power's
1946
1947
railway™..—
from
Gross
1949—6 Mos.—1948
$
$
1949—3 Mos.—1948
West Penn Electric
In
the
A
Earnings—
1948
from
Net
period End. June 30—
producers
market
the
that
The
Association.
not Xor sale to any other group.—V. 169, p. 2216.
proposes
404.
p.
June—
Subs.)—Earnings-
Carbon Corp. (&
added
He
producers.
grape
$60 for each ton of grapes they expected to
Co-operative
gahela Power Co.
Oct. 1,
1952, at 100%. Payment will be made at the Bank of the Manhattan
Company, trustee, 40 Wall St., New York, N. Y.
Coupons maturing Oct. 1, 1949 should be detached and collected
Union Carbide
from
pay
the
r
1949, on the basis of one new share
subscription price is to be filed
wf
.
to
remaining $5,000,000 was
to have been borrowed from a bank.
v
V
;
Mr. Clothier also said that J. M. Kaplan, President of the Welch
firm, had informed him in a letter that the company's properties were
through
and
of Twen¬
the letter
that
Hayden, Stone & Co. will sell or purchase fractions at the
price on the day instructions are received without charging the usual
brokerage commission and in the case of sale the brokerage firm will
■remit
the
proceeds of sale after deducting transfer tax stamps.
Corp. and fractional shares of preferred and common stock
tieth-Century-Fox Film Corp. The corporation explained in
—V.
asked
were
company
Monday, August 8, 1949
:
subscription
by
SEC— ^ : ;
July 28 filed a resigtration statement with the 8EO
proposing the sale at competitive bidding of $3,000,000 of first mort¬
gage
bonds, due Oct. 1, 1979,' and the offering for subscription by
stockholders of an additional 148,155 shares of common stock (no par).
The
is contin-
that the corporation
been notified
have
stockholders
Utah Power & Light Co.—Registers With
Film Corp.—Fractional Shjrs.
Twentieth Century-Fox
The
'
proposed
said
It
is
lease
the
on
the
provides
that
it
shall
become,
effective
first day of the first calendar month
following approval thereof by the ICC,
dates the parties shall determine at the time is the
a.m.
calendar
month
present
not be feasible
to
as
of
the second
wbachever of
more .feasible.
opinion of the company and Nickel Plate that it will
make the proposed lease effective before Oct. 1, 1349.
>.
or
,
:
Volume 170
''
-
Number 4827
CAPITALIZATION
i
,
General
*
A
series
refunding
B
—
GIVING
OUTSTANDING
I, .PRESENT
and
'-'Series
THE
EFFECT
FINANCING
mortgage-bonds:,
;
..
$5,742,000
—•■—
-
Unsecured
notes
Equipment
trust
,-viw.——
certificates.;
16,600,000
(nrincallable
and
nonconv.)
v
,
4
$100)
(par
Common
'——
—
stock
$100)
(par
PURCHASERS—The
■'
eral
11,609,300
33,958,500
—
—.—
names
of
the purchasers of
W.
&
\,-r;,/>
Inc—LL'——
Co.
Pressprich
amount
redemption
of
such
(537)
SUMMARY
notes
to
the
to
previously
borrowings
evidence
payment
reimburse
made.
of
*
operating revenue
Operating
expenses
Purch.
June—
"
from
Net
Net
ry.
&
from
Net
from
Net
ry.
—V.
1947
$3,539,584
627,048
927,168
income.—
oper.
1948
$2,879,564
951,116
railway.,..
From January 1—
Gross
1640
'
■
railway
from
income
aggregate.,
to finance
tem¬
Net
railway....
398,655
■•1st mtge.
bds.,
527,950
255,990
tCommon
stock
14,012,853
17,229,050
6,644,592
6,361,112
3,965,209
4,076,975
3,312,337
(J. G.)
*
"Additional
8,709,020
5,187,428
income—
p.'404.
170,
'
conditions
1,188,816
941,517
Net
of
White Engineering Corp.—New Vice-President
A, 23A%, due 1979
($25
bonds
par)
the
of
same
or
other
series
the
construction
To
finance
expects to
for
used
from
make
or
others
its
new
for
152,125 shs.
in
the
deferred
to
other
time
to
time
if
arrangements
be
retire
bank
thorough the issuance and
on July 29
approved plans to liquidate the com¬
Mills in New Bedford, Mass., before the operating
was depleted due to losses.
("American Wool and Cotton Re¬
such
bonds
and
stock
to
other
or
under
necessary
and
issued
and
sold
.
It
the
Wisconsin Central Ry,—Earnings—
that
beginning of the
to
from
Net
1949
.
from
Net ry.
1947
1948
$2,387,737
railway..
$2,630,771
railway——_
546,184
892,352
income—
248,364
487,755
oper.
1946
$2,209,237
.
695,455
-
to
later
date.
Net ry.
—V.
1—
railway
from
from
13,556,883
170,
12,745,459
10,697,535
3,797,240
3,674,976
1,680,926
1,158,332
income...
oper,
14,502,368,
2,802,620
railway
1,830,330
1,971,235
company
bank lettur
its
banks
424,339
notes
in
National
Bank,
Wis.
the
principal
Milwaukee,
the
rate
SEC
amount
authorization
of
$1,500,000
to
to
and
issue
First
Cost
or
Wisconsin
Wis.,
170, p. 345.
Gas
& Electric
corporated
"
.
the name
our
Bank
Trust
&
Co.,
York,
i«.t-w
Y.,
N.
net
income.
The
secure
series
from
1948
1947
$1,799,611
2,572,802
1,701,013
1,117,937
944,620
647,021
$664,671
$470,178
Crl7,758
Dr22,264
$682,429
$447,914
income—estimated
and
reed,
161,486
91,814
$356,100
share)
,.-$520,943
49,206
-
other
before
Federal
gen.
exps.
income,
ddeuctions
Profit
Net
taxes
income
on
___
paid
cents
(5
per
U.
__—
Ctfs.
S.
Trade
indebt.—at
of
accounts
Inventories
own
■*
*
v
Miscellaneous
cost
or
Patents
1884,
merged
was
into
the
receiv.
Total
and
accounts
Salaries
and
Gas
Is
service
of
area
provided
served with
the-area
is about
company,
Estim.
42,074
20,553
$2,018,968
local
$77,953
——.—
accrued™—
income
on
44.1%
a
A
169,
■«.'
-
18,567
'■/""
•
7,489
51,000
4,095
185,800
103,800
984,112
111,850
——.
111,850
•„
1,106,927
635,190
$2,617,083"
the year ended March 31,
1949,
interest in the Texas Vermiculite
•':
9,360
29,089
984,112
share
;—
p.
V.
40,500
(net)———_
per
$71,904
.
,
24,099
'
———
—
NOTE—During
12,575
r:
—--
taxes.———
(par value $1
,
65,778
.
—;
;_■__
$13,230—V.
51,076
19,373
$2,617,083
-Y.i———
taxes
Total
ouired
amort-
11,217
11,448
1,092,011
'
and
stock
39,351
V
36,663
1,234,923
—
payable—,.
surplus
surplus
Earned
approximately 251,700.
in Southbridge, Webster and Dudley, Mass.
gas is 54 square miles and the total popula¬
35,800.
CITY
Fed.
Common
-•
AND
less
328,747
9,154
taxes——_
—
wages
Capital
aggregate population of
an
cost,
and
Payroll taxes accrued——
Employees' income tax withheld
extent, the manufacture and sale of artificial gas for general
Electric service is provided in a territory having an area of about
The total
STATE
rent,
——
LIABILITIES—
Trade
sundry assets—>
equipment (net)
trademarks—at
and
I
empls.
and
receivables
Prepaid insurance,
-
and
officers
278,966
342,826
52,581
companies (at cost)
from
$110,602
74,998
371,359
■i
mkt.)
or
"
1948
174,930
(net;
assoc.
49,206
f
$333,199
mkt.)_
(approx.
of avg.
lower
and
plant,
Property,
1871, and changed its name to Webster & Southbridge
Co. On Sept. 1, .1937, Worcester Electric Light Co., in¬
in
accts.
&
or
deoentures
f'
Notes
affil.
royalties
tion
94,657
$219,689
1949
—
cost
receivable
the
(at
In
Invests.
Accrued
on; July 29 offered
$5,500,000 first mortgage
bonds, Series A, 2%%, due 1979 at 1003/4 and interest.
$314,346
'
31
V
,•■
Cash
state
Further details follow:
Dr38,657
J
49,206
SHEET,; MARCH
BALANCE
Y'YY:.
ASSETS—
AND
miles and
328,671
$353,003
•
less
-
taxes
on
profit
Dividends
being changed to Worcester County Electric Co.
285 square
for
.
operations——
Accrued
use.
issue of Aug. 1, Halsey, Stuart &
ap¬
$2,818,211
sold—.
minor
Inc.
been
1949
:"
and' al-
returns,
i
products
sundry
bonds
A
funds for such purchase
issuance and sale ol its
Massachusetts
in
has
$4,182,093
freight,
The company's business, conducted largely within Worcester County,
is principally that of the generation, purchase and sale of
electricity for light, heat, power, resale and other purposes, and to a
-\
Worcester County (Mass.) Electric Co.—-Bonds Offered
Co.
cf
Divs.
in
Mass.,
—As mentioned in
Chemical
Profit
to
Massachusetts in
Proceeds of the notes are to be used for construction and other pur¬
poses.—V.
used
Selling, administrative, &
BUSINESS—Company was incorporated in
Massachusetts July 6, 1887 under the name Webster Electric Co.
Com¬
pany consolidated with Southbridge Gas & Electric Co. incorporated in
annum.
per
and that it intends to
company
ORGANIZATION
sell
Citizens'
State
Bank, Sheooygaia,
Bank, Stevens Point, Wis. The notes
1, 1949, to be due Nov. 1, 1949, and will bear interest
of 2%
(50c par)
lowances
aggregate $5,500,000,
purchases in part by the
shares,
National
Citizens'
will be dated Aug.
at
received
total
the
and
has
July 27 filed a letter of notification with the SEC
class A stock, along with option warrants
on
'
Wisconsin Public Service Corp.—To Sell Notes—
corporation
retained
and
expense
$941,417
Zonolite Co.—Annual Report—
is informed by the management of New England Elec¬
tric System that it intends to aid in the
permanent financing of the
construction program of the
company by purchasing equity caDital of
the
The
offered
$844,070
Years Ended March 31—
The company
249,
p.
of the cash
depreciation
5,083
$216,729
$223,252"
adidtional
Sales—less
the
with
buy an
The
thus securities- totaling about $8,500,000 will, it is
estimated, be sold from time to time beginning in 1950
to finance
permanently the remainder of this program.
From January
Gross
Net
balance
now
$946,500
57,198
trarsfer agent for the class A stock, and warrant agent
opt.on warrants entitling holders thereof to purchase such rtock.
program amounting to $13,750,000
to issue securities totaling about $14,000,000.
required will be obtained mostly from charges
require the company
180,501
,
145,877
$901,268"
.5,256
441.
p.
be
the company's notes payable to banks at
1948 amounting to $1,175,000 and to finance
year
will
376,587
1265,986
130,522
$221,-985"
29,207
pay
The
$1,847,342
146,770
pointed
permanently the above construction
June—
Gross
17,133
$800,623
share.
Under
is estimated
681,610
167,819
149,250 shares. The stock will be offered at $1
Underwriter, Luckhurst & Co., Inc., New York. Proceeds
to pay off indebtedness to the Equitable Life Assurance
Society and to supplement working capital.
substantially equal pro¬
Massachusetts law, the bonds issued by this company
may not exceed the amount actually paid in for its capital stock.
portions.
692,575
$770,746"
$204,852
$252,459
income
will
pay for construction,
bonds and common stock,
of additional
sale
be
debt
185,060
54,696
-4
23,894
charges
per
the
on
short-term
to
48,700'
$228,~565"
,
—
298,500 shares
to
indenture.
a
requirements
money
from
banks
188,859
-
income
income
170,
91,250
Fed.
taxes__
y,The company
.
be issued
may
contained
be
may
than
149,171
.»
91,250
FINANCING
Outstanding: YYY
$5,500,000
4
borrowings.
Company also expects to do its
future permanent financing from time to time, the
proceeds of which
Liquidate
Nonquitt
porter.'')—V.1G3, p. 2758.
financing
temporarily
borrow
will
Inc. (Mass.)—To
Co.
and
2,860,017
593,792
365,000
780,013
"
Yancey-Harris C&, Inc., Dallas, Tex.—Files With SEC
$5,500,000
V 152,125 shs.
Company, however, does not anticipate any increase in its construction
and financing programs in the
period through 1950.
stockholders
capital
PRESENT
and
Nonquitt Mills—
The
ser.
and
agreement
pany's
TO
704,103
3,582,554
2,285,181
569,278
365,000
142,265
income
Total
FINANCING PLANS—Company's construction
program, begun in 1948
as now scheduled for
subsequent years, is estimated to cost about
$13,750,000 for the years 1948 through 1950.
It is possible that some
"
Whitman
EFFECT
subject to the limitations
tAUowed by New England Electric
System.
Ford Kurtz, a director, has been elected Vice-President in charge of
engineering. Since 1940 he has served as Engineering Manager and
Chief Hydraulic Engineer.—V, 136, p. 340. >
'.•■/'■
f :
-
(William)
GIVING
Authorized
.
railway......
oper.
SECURITIES
827,543
,
-
17,405,865
CAPITAL
1946
,
4,072,665
•
taxes
Interest
—V.
$1,790,697
1,515,013
,Y
' '
.
•
$8,431,016
1,056,258
energy.
operating
Other
■
$2,483,175
1947
$9,522,614
-
Federal, income
treas¬
The
made
1948
$2,445,390
Depreciation
•
Gross
electric
Maintenance
1948
$2,520,872
1,041,220
Total
notes
the
Calendar Years
T949
Taxes, other
to
EARNINGS
3 Mos. End. March 31
price
or
OF
53
'
"
porarily a portion of past construction expenditures
was;$5,450,000 at
July 25, 1949, payable in varying amounts to First National
Bank,
Boston; Chase National Bank, New York; Central Hanover Bank &
Trust Co.; Irving Trust Co., and New York Trust
Co.
/J /<,.';
EARNINGS FOR JUNE AND FIRST SIX MONTHS
general
to
ury
$4,870,000
2,000,000
& Co——.——+
initial
proceeds will be applied
additional construction expenditures
for construction expenditures
and
reiunding mortgage 23A%. bonds, series B, due Aug. 15, 1974,'
principal amount of such bonds which they, respectively, have
agreed to purchase are as follows;-.. r,(Y
'i-.;.;},,,.
Halsey,-- Stuart
the
PURPOSE—Net
the company's gen¬
the
R.
CHRONICLE
.
and
and
4™
FINANCIAL
being 103:75; bonds will
also be redeemable upon like notice
through the application of sinking
fund, replacement lund, release, insurance, eminent domain or other
moneys held by the trustee, the initial special redemption
price being
100:82; plus accrued interest'in each case.
t
;;
; ■•.;
5,657,500
_
cumulative stock
Prior lien 4%
i——:
—
bonds,
—6,870,000
__!_a
&
.Dated July 1,-1949^'due
July 1, 1979. Bonds will be redeemable as a
hole or in part at
any time prior to maturity, on at least 30 days'
published notice at the option of the
company or through application
of moneys deposited with the
trustee as the basis for the issuance of
...
—
—~—-———
___——
TO
COMMERCIAL
$2,018,968
the
company
Co.
at
ac-
ol
cost
a
2322.
,
■■
'■ '■it■
"■
■«'
.
••
■
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
852,000 at 0.82% interest, plus a
premium of $21.
ALABAMA
]
Mobile, Ala.'
Sent.
Dated
-
Bond Sale—The $5,000,000
offered
were
Aug.
3—v.
awarded to
a
bonds
March
2,
1949.
170, p. 346—
syndicate com¬
Due
on
ARIZONA
posed of Blyth & Co.; A. C. Allyn
& Co.; Merrill Lynch, Pierce, Fen- Glendale Housing Authority, Ariz.
ner & Beane; Shields & Co,, all of
Note Sale—The $210,000 Eighth
New
York;
Robinson-Humphrey Series notes offered ' Aug. 2 were
Co., of Atlanta; Stifel, Nicolaus & awarded to the Bessemer Trust
Co., of St. Louis; Courts & Co.,
of
Atlanta; . Merchants National
Bank, of Mobile; Newman, Brown
& Co.; Scharff & Jones; R. S. Hecht
& Co., all of New Orleans; George
M.
Wood
ARKANSAS
•
to
1950
1962
to
inclusive.
3,420,000 tunnel revenue refund¬
ing and improvement bonds,
as
2.90s.
Due Nov.
Dated May 1, 1949.
Alabama
;
.,v7-;:77\*
Note Sale—The $1,194,000 notes
offered
Aug.
2
were
the Bessemer Trust
City,
as
awarded
to
Co., of Jersey
follows:
$342,000 at 0.82%
interegf^plus
premium of $9.
Series
$910,000 Ninth
notes offered
awarded
to
the
Aug. 2
Bessemer
were
Trust
Co., of Jersey City, at 0.82% in¬
terest, plus a premium of $22.
Dated Sept. 2, 1949. Due on March
3, 1950.
1, 1978.
Montgomery Housing Authority,
.
Sale—The
a
Madison County (P. O.
Huntsville),
Arkansas
Bond
Offering
—
Howard
Han-
kins, County Judge, will sell at
public auction at 10 a.m. (CST)
on.
Aug.
12
an
hospital bonds.
Covina
v7;
Los
Maturity
191 to
220, incl
330, incl—l-Aug. 1; 1951
bids
until
9
a.m.
on
Aug.
16 ior
the
purchase of $2,000,000 not to
exceed 5 % interest school bonds.
Dated
Aug.
1,
1948.
Denomina¬
180, incl
Maturity
Aug. 1, 1950
issue
of
$80,000
270, incl....—Aug. 1,
311 to
360, incl
-Aug.' 1,
401 to
450, incl—Aug. 1,
491 to '540, incl
Aug. 1,
581 to
630, incl——Aug. 1,
671 to
1951
1952
1953
1954
1955
720, incl—Aug. 1, 1956
761 to Y 810,
incl-
851 to
900, incl
941 to
990, incl
Aug. 1, 1957
-Aug. 1, 1858
Aug. 1, 1950
521 to
631 to
660, incl.
-Aug, 1, 1954
741 to
770, incl
851 to
880, incl..*—Aug. 1, 1956
961 to
990, incl-.—Aug. 1, 1957
1071 to 1100,
1181 to
1291 to
Aug. 1, 1955
incl——Aug. 1, 1958
1210, incl——Aug. 1, 1959
Aug. 1,1980
1320, incl
1401 to 1430, incl——Aug. 1,
1961
1511 to 1540,
incl._—-Aug. 1, 1962
1621 to 1650,
incl——Aug. 1, 1963
1731 to 1760,
incl—-Aug. 1, 1964
1841 to
Aug. 1, 1965
1870, incl
1951 to 1980,
incl.----Aug. 1, 1966
2061 to 2090,
incl——Aug. 1, 1967
2166 to 2200,
incl——Aug. 1, 1968
Aug. 1, 1960
1031 to
1080, incl
2386 to
1121 to
1170, incl——Aug. 1, 1961
2496 to
2530, incl---Aug. 1, 1971
1211 to
1260, incl
2606 to 2640, incl
1301 to
1350, incl—-Aug. 1, 1963
1386 to 1440,
incl
Aug. 1, 1964
1530, incl
Aug. 1, 1965
1566 to 1620, incl
Aug. 1, 1966
1476 to
1656 to 1710,
incl——Aug. 1, 1967
1746 to 1800, incl
1836 to 1890,
Aug. 1, 1968
incl——Aug. 1, 1969
1926 to 1980, incl——Aug. 1,
2016 to 2070, incl——Aug.
2716 to
1970
Aug. 1, 1972
2750, incl-.—Aug. 1, 1973
Bidder to
name
a
single rate of
to
exceed
5%interest
Dated
bonds.
school
Sept.
1, 1949. De¬
$1,000. Due Sept. 1,
as follows:
$40,000 in 1950; $45,000 in 1951; $35,000 in- 1952, and
$20,000 from 1953 to 1974 inclu¬
nomination
Bidders to
sive.
name
interest, expressed in
of
1/4 of 1%.
est
the rate of
a
multiple
Principal and inter¬
(M-S) payable at the County
Treasurer's office
at the fiscal
or
the County in New
A certified check for
3% of the amount bid, payable to
of
York City.
agency
the
Chairman
of
Board
of; Su¬
pervisors, is required,
-
ft*''
Easterby School District, Fresno
.; County
(P. O. Fresno), Calif.
Sale—The,,$20,000 school
bonds offered July 26 — v. 170,
p. 249—were awarded to the Se¬
curity First National Bank, of Los
Angeles, as 2V4s, at a price of
100.37, a basis of about 2.18%.
Dated Sept. 1, 1949. Due on Sept.
Bond
interest for the entire issue of $2,-
1 from 1950 to 1959
000,000 bonds, expressed in a mul¬
tiple of Va of 1%. Principal and
semi-annual
and
inclusive. The
second
the
County
interest
payable
Treasury,
at
at, (any
of the County's fiscal agencies in
New
1, 1971
Angeles), Calif.
440, incl
2310, incl—-'iiAug. 1,;.J969
2420, incl-.—Aug. 1, 1970
Aug/1, 1962
Dist.p
O.
Ostly,
County Clerk, will receive sealed
Aug. 1, 1952 bids until 9 a.m. (PST) on Aug. 9
550, incl——Aug. 1, 1953 for the purchase of $560,000 not
-411 to
2276 to
i,
High Sch.
County (P.
Bond Offering—Harold J.
.
1959
Aug.
Union
Angeles
Los
301 to
County (P. O.
Angeles), Calif.
Bond Offering—Harold J. Ostly,
County Clerk, will receive sealed
131 to 7
1952
Note
$750,000 Bonds
Bond Nos.
Angeles
221 to
&
inclusive; Dated Sept. 2, 1949. Due on March
$220,000 as 3.10s, due Nov. 1 3,1950. \ 7f7- yY::7;777, ■ • v7
in 1953 and 1954; $120,000 as
Little Rock Housing Authority,
3s, due Nov. 1, 1955; $940,000
Arkansas
as 2%s, due Nov. 1, from 1956
from
Los
Bond Nos.
Co., of Fort Smith Housing Authority, Ark.
Atlanta, at a price of par, a basis
Note Sale—The $654,000 Ninth
of about 2.89%, as follows:
C7yF ;7 Series notes offered Aug. 2 were
$1,580,000 tunnel revenue refund- awarded to the Bessemer Trust
~v
ing and improvement bonds, Co., of Jersey City, at 0.82% in¬
f$300,000 as 3V4s, due Nov. 1 terest, plus a premium of $16.
Broome
District,
_
&
Stockton
Unified School
tion $1,000.
The bonds shall be
Co., of Jersey City,,at 0.83% in¬ sold as two
separate issues, as fol¬
terest, plus a premium of $4. lows: "
Dated Sept. 2,1949. Due on March
$1,250,000 Bonds
3,1950.
Co., of Montgomery;
Rouse & Co., of Mobile,
Steiner,
and
Burbank
-
/
Los
7
3, 1950.
CALIFORNIA
York1
City, at the option of
the holder. >A
3% of the
or
certified
check for
highest bidder was Dean
Witter & Co., for $14,000 as 2y4s,
$6,000 as 2V2s,
100.06.,
Garden
incl
Aug. 1, 1972
of the
2196 to 2250,
incl
Aug. 1, 1973
Supervisors, is required.
Chairman of the Board of
Sch.
Dist.,
,
San
.
Joaquin
County (P. O. Stockton),
California
fronds, payable to order
2106 to 2160,
at a price of
.
Bond
bonds
Sale—The
offered
Aug.
$50,000 school
1—v.
170, p.
t.
54
346—were awarded to Dean Wit¬
&
Co., of San Francisco, as
2^s, at a price of 100.22,. a basis
of about 2.46%.
Dated Sept 15,
1949.
Due
15 from 1950 to
The second high¬
Sept.
inclusive.
1959
est bidder
County Employees
was
Retirement
i
••••':'
.
•
Sale—The
$15,000 school
bonds offered Aug. 2—v. 170, 346
—were awarded to Dean Witter &
1
der
1950 to 1964 in¬
highest bid¬
from
The
Security
was
Dated
Sept.
larch 3,
First
National
2%s, at a
Sch.
Alameda
Dist.,
County (P. O. Oakland), Calif.
Sale—The
Bond
bonds offered Aug. 2 were award¬
ed
to
syndicate
a
Bond Sale—The
$185,000 school
July 25—v. 170, p.
.onds offered
Blyth
&
both
California Bank,
Angeles;
Heller,
Co.;
of
Los
awarded
to
& Co., and Hannaford &
Talbot, both of San Francisco, at a
price of 100.09, a basis of about
2.22%, as follows:
as 2s. Due on Sept.
1950 to 1964 inclusive.
1 from
78,000
2%s.
as
Due
1
Sept.
on
from 1965 to 1970 inclusive.
53,000
21/£s.
as
Due
1
Sept.
on
from 1971 to 1974 inclusive,
The second highest bidder was
•v
Bank
417,000
68,000
v
America
of
National
Trust
Los
Bond
Sale—The
Gabriel
San
$725,000
fered
Aug. 2—v. 170, p. 442—were
Halsey, Stuart & Co.;
C. F. Childs & Co., of Chicago,
and Hill, Richards & Co., of Los
Angeles, jointly, as 2%s, at a price
,of 101.39, a basis of about 2.10%.
Due on Aug. 1 from 1950 to 1967
,v
Sale—The
Additional
Union
Downey
bonds offered
School
on
$266,000
District
date
same
were
awarded to Weeden & Co., of San
Francisco, as 2%'s, at a price of
100.76, a basis of about 2.16%. Due
on Aug. 1 from 1950 to 1969 inclu¬
sive.
The second highest bidder
was Weeden & Co.; Paine, Web¬
ber, Jackson & Curtis, and First
of
Michigan Corp., jointly, for
$725,000 as 2y4S, at a price * of
101.13, and California Bank, Los
Angeles; Paine, Webber, Jackson
& Curtis, and Dean Witter & Co.,
jointly, for $266,000 as 2J/4S, at a
price of 100.75.
<
Madera County Sch. Dists.
Madera)
Bond
(P. O.
J46—were
National Bank,
the
to
First
of Orosi, as fol¬
,
April 1,
1947.
in 1951 and
Due
April
1
Dated
Sept. 1, 1949.
Due Sept.
10:30
Dusenberry,
a.m.
(PST)
on
Aug. 9 for the purchase of $52,000
to exceed
not
Dated
interest school
5%
1, 1949. De¬
nomination $1,000. Due on Sept. 1
as
follows: $2,000 from
1950 to
1957
inclusive and
$3,000 from
1958 to 1969 inclusive. Principal
and interest (M-S) payable at the
County Treasurer's office. A cer¬
Sept.
tified check for $1,000, payable to
the Board of Supervisors, is re¬
Sept.
on
Woodlake, Calif.
Bond
Sale—The
awarded
$121,000
to
."
on
1974
Sept.
1
from
payable
to
Board of
sew¬
El
of
each
the Chairman
issue,
of
the
Supervisors, is required.
County (P. O. Rio Linda), Calif.
Sale—The $240,000 water
offered July 20—
system
bonds
v.
p.
170,
the
Trust
San
249—were
Bank
of
awarded
America
&
Savings Association,
Francisco, as follows:
$15,000
4%s.
as
Due
to
National
June
of
30
as
4y4s.
Due
June
from 1955 to 1970 inclusive.
90,000
as
1971
4s.
to
Due June 30 from
1979
inclusive.
Dated June 30, 1949.
from
1950
awarded
>
<
The
inclusive.
equal
ment
Chairman, will receive sealed bids
until 11 a.m. (DST) on Aug. 10
the
to
purchaser
i*-
*
All
pay¬
be
of
such
bonds
shall
the
City, at
the
expiration
the
from
Bond Offering—Edward L. Mil¬
thereof
ler, City Treasurer, Will receive
sealed bids until 2 pm. (DST) on
Aug. 10 for the purchase of $430,-
Bidders to
time
after
ten
any
years
of
date
issuance
of
their
in the order of
number.
Dated
the rate
name
interest, expressed in a mul¬
tiple of 1/20 of 1%. The approv¬
ing opinion of Day, Berry & How¬
ard, of Hartford, will be fur¬
nished.
A
Sale—The issue of $355,-
school
170,
—v.
bonds
p.
offered
Aug. 3
250—was awarded to
a
g r o u p , composed
of Halsey,
Stuart & Co. Inc., Chicago, Bos-
worth,
Sullivan
l%s.
Due
serially July
1 from 1950 to 1959 inclusive.
205,000
2y4s.
Due
bonds
serially
1969 inclusive.
dated
July 1,
those maturing on or
July 1, 1960, ar$ callable
July 1, 1959, or on any subsequent
interest payment date, at par and
accrued interest. Second high bid,
are
and
after
based
on
a
net
interest
cost
of
'
•
1'
J..
Sanitary
Chicago
;
V'- "
' V
£
;
Illinois
District,
Bond
Offering—Bryan Hartnett,
District
Clerk, will receive sealed
re¬
18
11
a.m.
(CST) on Aug.
purchase of $8,300,000
construction, Series
14,
coupon
bonds. Dated Sept. 1, 1949. De¬
for
'
j
11th
$352,000
offered Aug. 2
Series notes
were|
Trust!
Co., of Jersey City, at 0.82% in-!
terest, plus a premium of $9.1
Dated
the
to
awarded
Due
1949.
2,
Sept.
March
Bessemer
3, 1950.
^
,
on
i
.
|
|
Housing Authority,
Rock Island
Illinois
]
-
j
Sale—The
Note
Bond Sale—The $550,000
$1,000.
Due
on
Jan.
1, 1969. $7,905,000 thereof optional
at par and accrued interest as fol¬
lows:
$465,000 on Jan. 1, from
to the Bessemer Trust 1952 to'1968, or on any interest
dates
thereafter.
All
Co., of Jersey City, at 0.83%, plus payment
bonds redeemable on the earliest
a premium of $12.
Dated Sept. 2,
date shall be first redeemed be¬
1949. Due on Nov. 1, 1950.
'
fore any bonds optional at a sub¬
Pinellas County (P. O.
sequent date are called for pay¬
Clearwater), Fla.
ment.
Principal
and : interest
water;
bonds of¬
revenue, Series of 1949
fered Aug. 2—v. 170, p.
awarded
Blyth
to
347—were
Co.
and
&
Paine, Webber, Jackson & Curtis,
both of Chicago, jointly, as. l%s,
at
101.26,
of
price
a
Due
basis of
a
Dated July 1, 1949.
about 1.65%.
July 1 from 1960 to 1964
The
second
highest
on
inclusive.
bidder
J.
B.
was
Ingen- &
Van
Co., and Mullaney, Wells & Co.,
jointly, for l%s, at a price oL:
100.58.
'
:
'
j
Community-
1
,
.
Williamson
County
,
207
School District No.
Consol.
|
(P. O. Herrin), III.
Details
Sale
Bond
Kindred
&
Co.,
Speer &
C.
H.
|
Barcus,
—
Sons
Co., Municipal Bond Corp.,?
and Ballman & Main, all of Chi¬
cago,
associated with Ben¬
were
jamin Lewis & Co., of Chicago,
in the purchase of the $460,000
school building bonds, as previ¬
170, p. 442.
ously noted in v.
indiana
Argos, Indiana
Bonds Sold—An issue of
$175,-
000 electric revenue. Second Series
has
min
&
sold
been
Lewis
bonds
to
of
Co.,
Benja¬
Chicago,
Hughes & Co.,
jointly, as fol¬
and Raffensperger,
Indianapolis,
of
lows:
•
,
118,000
as
from
Dated
,
;
;
on Dec. 1
1968 inclusive.*
as 3%s.
from 1949 to
Due
$57,000
to
on Dec. 1
1978 inclusive.
1,
1948.
Due
4s.
1969
the
nomination
Housing Authority, Fla.
•,
awarded
Dec.
Denomi¬
nation
$1,000.
Principal and in¬
terest (J-D)
payable at the La
Salle National Bank, Chicago. All
bonds maturing in 1969 to 1978,
are callable in inverse numerical
order
on
interest
at
a
Dec.
1,
1964,
or
on
any
payment date thereafter
price Of 105% of the princi¬
pal amount. Legality approved by
Chapman & Cutler* of - Chicago.
r
.
Bond
.
Board of
Director
of
the
State
Administration, will
payable
urer's
at .the
office.
District
Bidders
Treas¬
toname
the rate of
Tallahassee, until 9:45 a.m. (EST)
Aug. 23 for the purchase of
$120,000 not to exceed 3% interest
interest, expressed in
a
multiple of Ys of 1%.
The
approving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished to the purchaser by the
SB A
District.
ceive
sealed
bids
at
his
re¬
office in
refunding, Series 1949
bonds. "Dated
Oct.
cou¬
1949.
Denomination $1,000. Due on Oct.
1,
1968.
Principal and
interest
(A-O) payable at the Florida Na¬
tional Bank of
sonville.
1,
Jacksonville, Jack¬
Bidders to
name
Bloomington, Indiana
,
»
j
•
Offering—Ralph A. Potts,
Executive
pon
July
1 ''
j
bids until
on
follows:
The
Illinois
'*.!
for
Note \ Sale—The
$407,000 11th
Series" notes offered Aug. 2 were
&
Co., Denver,
and Newman & Co., of Colorado
Springs, at par, plus a premium
of $947.85, equal to 100.26, a net
interest cost of about 2.123%, as
$150,000
check
$5,000, payable to the City, is
quired. /.1
Pensacola
Colorado
000
certified
Sale—The
Note
-
.
Housing
County
Authority, III.
be
redeemable at the pleasure of
of the Authority.
Shelton, Conn.
1
pay¬
and
the expiration of two
from the date of issue,
and the last annual amortized,
payment to mature and be
payable at the expiration of
20 years from date of issue.
the
at
amortized
mature
able at
ing opinion of Robinson, Robinson
& Cole, of Hartford, will be fur¬
nished
to
the
payments,
years
Feb. 15, 1950. The approv¬
expense
annual
annual
first
on
-
Island
Springfield, III.
issue, be made and paid in
Authority.
Connecticut
Due
■
Rock
the
fire protection bonds.
maturing serially in
regular numerical order in 19
annual payments, which an¬
nual payments shall, as nearly
as
practicable, be in such
principal amounts as will, to¬
gether with the interest ac¬
cruing on the bonds of such
second
for the purchase of $938,000 Series
M-3 notes.
Dated Aug. 15, 1949.
on
.
Bonds
100.22.
Housing
or-
terest
of their number.
&
Co., Inc., Goldman, Sachs &
Co., and Adams, McEntee Sc Co.,
jointly, for XVss, at a price of
Greenwich
j
are
Jan. 1, 1959, or any :
im-|
payment date thereafter,
at par plus accrued interest. Le|
gality approved
by Charles &
Trauernicht, of St. Louis.
der
210,000
was Halsey, Stuart
Co., Phelps, Fenn & Co., Blair
&
1969
numerical
inverse
Co., of Jersey City, at 0.81% in-|
pleasure of the City, at
terest, plus a premium of $21. |
time after the expiration Dated
Sept.
2,
1949.; Due on
of 10 years from the date of
March 3, 1950.
, f
issuance thereof in the order
1949, and due Aug. 15 from 1950
1959
callable in
and
1968
in
maturing
the
Co., St. Louis, jointly, as
lVss, at a price of 100.31, a basis
of about 1.07%.
Dated Aug. 15,
to
ern
any
and
Bank
Mercantile-Commerce
be payable at
Denomi- i
bonds shall be redeemable at
Bank¬
the
to
such
1949.
$1,000.
Principal and in¬
(J-J) payable at the North¬
Trust
Co., Chicago. Bonds
$882,000
17th
expiration of 20 years from Series motes offered Aug. 2 were
J
the date of issue. All of such
awarded to
the Bessemer Trust |
$2,000,000
to
School District
(P. O. Colorado Springs,
12
1949,
30
The
on
inclusive. ;
terest
amortized payment to
mature and
florida
1 from 1960 to
from 1952 to 1954 inclusive.
135,000
Dated
1
Co.,
Sept. 1,
Paso County
No.
Bond
1, 1949. Denomina¬
A certified check for
bonds
Sept.
&
colorado
inclusive.
Rio Linda Water Dist., Sacramento
Bond
Francisco.
1950
Dated Sept.
tion $1,000.
10% of the
Schwabacher
Due
inclusive.
mentary Sch. Dist. bonds. Due
$7,000
(State of)
Co., New York, and the
1970 inclusive.
175,000 Eastin-Arcola Union Ele¬
'v
San
to
1950
1,
—
of
accruing
issue, be
made and paid in equal an¬
nual payments, the first an¬
nual
amortized
payment to
mature and be payable at the
expiration of two years from
the date of issue, and the last
■''
1949.
$1,000
bonds
the
in the denomina¬
of
of
1963
Trust
ers
interest.
July 12.
school
Due
with the interest
000
$189,000 not to exceed 5% interest
to
in¬
of
rate
annual
19
Aug. 1, 1949. Principal
Huntington School addition and interest (F-A) payable at the
bonds.
Dated Aug. 1, 1949. De¬ Chase National Bank, New York
Waverly Sch. Dist., San Joaquin
nomination $1,000. Due Aug. 1, as City.
County (P. O. Stockton), Calif.
The approving opinion of
Bond Offering—R. E. Graham, follows-: $22,000 from 1950 to 1959 Pershing, Bos worth, Dick & Daw¬
County Clerk, will receive sealed inclusive, and $21,000 from 1960 son, of Denver, will be furnished
bids until 11 a.m. (PST) on Aug. to 1969 inclusive. The City shall to the purchaser without cost. A
22
for the
of the
purchase of $26,000 haveUhe right at any time to re- certified check for 5%
school bonds. These bonds were deemmonds maturing on and after amount of the bid is required.
authorized at the election held on Aug. 1, 1968, at par and accrued
quired.
age disposal system bonds offered
July 28 —v. 170, p. 346 — were
$14,000 Bass Lake Sch. Dist. bonds.
the
in
payments, which annual pay¬
ments shall, as nearly as prac¬
ticable, be in such principal
amounts
as
will,
together
Note Offering—Noel Armstrong,
County Clerk, will receive sealed
until
are
Sale
442—were
California
aids
$105,000 bridge bonds. Bonds ma¬
turing serially in regular nu¬
World War II bonus, Series III,
bonds offered Aug. 4—v. 170, p.
Washington Colony School Dist.
Fresno County (P. O. Fresno),
Bond Offering—E.
sealed
Jan. 1
on
1969
15,
June
Dated
p.m. (MST) on Aug.
purchase of $315,000
not to exceed 4% interest bonds,
divided as follows: -
order
Due
to
1963
j
inclusive. ?
1962
to
nation
3
merical
1956
inclusive,
Due on Jan.'l
3Y4S.
as
from
from
the
for
17
highest bidder
1952.
15,000
Alta
Vista
Sch.
Dist.
bonds, as 2%s, at a price of
100.13, a basis of about 2.73%.
•
follows:
98,000
Jan. 1
on
1955
to
1951
from
98,000 as 3%s.
receive
will
Clerk,
bids until
Due
$69,000 as 3*4s.
!
Bagley,
City
Corp., and Ballman & Main,
follows: \
:
*
all of Chicago, as
Boise, Idaho
Trust
,
vront, County Clerk, will receive
sealed bids until 10 a.m. (PST)
on
Aug. 17 for the purchase of
as
1
.
Bond Offering—Fred R.
$1,000.
Bond
(P. O.
$5,000 Elbow Sch. Dist. bonds, as
3s, at a price of 100.10, a
basis of about 2.95%. Dated
Offering—Erma E. Cheu-
bonds, divided
.
annual
$20,000 school
July 26—v. 170, p.
awarded
lows:
Calif.
,
of
Bond
idaho
without cost.
Sale—The
Bond
bonds.
>
of
quired.
Ropes,
Connecticut
Sch. Dist.
Visalia), Calif.
bonds offered
inclusive.
name
by
of
1, 1949.
Tulare County
awarded to
inclusive.
be fur¬
without
payable to J the
State
Administration, is re¬
bid,
The approving
opinion
of
Ropes,
Gray, Best,
Coolidge & Rugg, of Boston, will
be
furnished
to
the
purchaser
as
Dated Sept.
from
Principal
(F-A) payable at the
The bonds
tion
1 from 1950 to 1969 inclusive.
School District bonds of¬
the
Board
Gray, Best,
Coolidge & Rugg, of Boston.
at a
basis of about
2%s. Due Sept. 1 from
to. 1970 inclusive.
to
proved
inclusive.
1962
to
1963
Angeles County Sch. Dists.
(P. O. Los Angeles), Calif.
Co., both
Due Sept. 1 from
2s.
as
1950
&
Savings Association, San Fran¬
cisco, for $52,000 as l%s; $143,000
as 2s; $65,000 as 2%s, and $66,000
as 2MsS, at a price of 100.01.
the
to
A certified check for 2%
cost.
terest, expressed in a multiple of
1/4 or 1/10 of 1%.
Legality ap¬
Weeden &
follows:
as
Bidders
jointly,
Francisco,
..14%,
Bruce
$195,000
San
,f
of
composed
City, will
purchaser
York
New
of
nished
City Treasurer's office, or at the
First National Bank, of Boston.
(P. O. Santa Rosa), Calif.
jrice of 100.0005, a
$326,000 school
1969
1950 to
Sonoma County
Jo. and Schwabacher &
Livermore
on
and interest
>46—were
price of 100.09.
Due $50,000 on Aug. 1
1949.
1950.
Due
1949.
2,
Sonoma Sch. Dist.,
second
Bank of Los Angeles, as
terest school bonds. Dated Aug. 1,
$5.81.
y
Co., of San Francisco, as IV2S, at a
price of 100.16, a basis of about
1.47%. Dated Sept. 1, 1949. Due
Sept.
of
and Salomon Bros. & Hutzler,
Bristol, Conn.
jointly, at 0.84% interest, plus
Bond Offering—James P. Jen¬
a premium of $33.
nings, City Comptroller, will re¬
4,064,000 purchased by the Chem¬
sealed
bids
untl
2
ical Bank & Trust Co., New ceive
p.m.
York, and Associates, at 0.84% (DST) on Aug. 9 for the purchase
interest, plus a premium of of $1,000,000 not to exceed 3% in¬
•
clusive.
was
composed
y
County
(P. O. Fresno), Calif.
on
Authority 2.130%,
Housing
(City and County), Calif.
Herndon Sch. Disx., Fresno
Bond
Monday, August 8, 1949
CHRONICLE
made by a syndicate
Stern Bros. & Co.,
Note Sale—The $7,064,000 Forty- City National Bank & Trust Co.,
both of Kansas City
(Mo.), and
Jighth Series notes offered Aug. 2
Walter & Co., of Denver. The of¬
.ere awarded as follows:
>3,000,000 purchased by the Chase fering attracted six bids.
National
Bank, New York,
connecticut
Francisco
jan
Board, for 21/&s, at a
price of 100.004. -■
FINANCIAL
&
*
r
ter
COMMERCIAL
THE
(538)
the rate
A
$166,000,
certified" check
payable
to
funding
July 29
-
Bonds
Sold—An issue of $265,t
sewage
disposal
plant bonds
syndicate com¬
has been sold to
ple of
posed of Benjamin
Barcus,
Speer
/
a
Lewis & Co.,
Kindred & Co., H. C.
Sons
Co., Municipal
&
of
—
The
1949
were,
$55,000 re¬
bonds . offered
awarded to the City
Fletcher Trust
Corp.,
Co., Indianapolis Bond .& Share
Corp., and Raffensperger, Hughes
& Co., all of Indianapolis, jointly,
as l%s, at a price of 100.83, basis
of about 1:60%.
Dated July 1,
•
Herrin, Illinois
Sale
Securities
as
000
Bond
Denomination $1,000.
1949.
Clerk, is required.
of
interest, expressed in a multi¬
V4 or 1/10 or 1/20 of 1%.
The approving opinion oc Caldwel, Marshall, Trimble & Mitchell,
for
above
the
...
Due
follows: $1,000 on
and
$3,000
from
1951
on
to
July 1, 1950,
Jan. 1 and July I
1959
inclusive.
Le¬
gality approved by Ross, McCord,
Ice &
Miller, of Indianapolis. The
highest bidder was Bank¬
ers Bond Co., Louisville, for l%s/
at a price of 100.16.
second
Volume 170 •' Number 4827
Duckcreek
not
Sold—The
Not
exceed
to
offered
all
$870,000
Township (P. O. R. R.
received
bids
not sold
were
as
1951
to
because the Township was unable
to accept bids on construction, of-
bonds.
33,000 Civil Twp. bonds.
'
Twp.
Bond
Offering—The
School
Trustees
bids
sealed
^
7
to
not
York
(CST)
2%
exceed
of
in¬
Dated
June
follows:
1949.
1,
$1,000.
Due
Bond
July 1,
from
1950
$55,000
until
Denomina¬
on
to
1949
purchaser .without
Bidders
to
the
name
terest, expressed in
of
payable
the
to
rate
be
Miller, of Indianapolis, will
furnished
the
School
(CST)
p.m.
Bond
Aug.
bonds, divided
1
Trust
on
Jan.
1951
and July
1
1
1, 1964 in-
to Jan.
elusive.
1
000
*
101.84,
•
on
on
July 1, 1950, and $1,000
on
a
sewer
July 1, 1949. Denomina¬
tion $1,000. The approving opinion
of Ross, McCord, Ice & Miller, of
Indianapolis, will be furnished to
the purchaser at the expense of
the Townships.
170,
the
County
bridge
Aug. 1
building
The
$1,400,000
bonds
offered
from .1950
15
second
to
1963
highest
was
awarded
were
—
to
100.1083,7
July 1, 1949. Due
on
,nff,
,
;
■
i
1•
"
.
■
'
u
.
:
;
Note
'
Sale—The
$557,000 10th
Series notes offered Aug. 2 were
awarded
to
the
Bessemer
Trust
Co., of Jersey City, at 0.83% in¬
terest, plus a premium of $16.
Dated Sept. 2, 1949. Due on Nov.
1, ,1950.
Richmond
•
Sanitary Dist., Ind.
Bond Offering—H. G.
City
sealed
on
Controller,
bids
Aug.
11
until
for
-•
Coleman,
wilL
10
the
receive
a.m.i (CST)
purchase
of
Aug.
1
Second
from
1,
—weFe
-
1959
high
100.133 for 2%s was made
of
by Ra-
venscroft & Co.
Van Home, Iowa
Sale
The
$26,000
Bond
im¬
—
provement
170,
—v.
bonds
offered
Aug.
1
251—were awarded to
p.
Co., of Cedar Rap¬
1, 1949, and due
Dated Aug.
from
1
1950
to
inclu¬
1959
KANSAS
Sterling, Kans. .'7; J'
Bonds Publicly
;
Offered
First Securities Co.
Wichita,
is
The
—
of Kansas, of
publicly
offering
$1,000,
A
certified
payable to
the
County (P. O.
Bedford), Ky.
Bond Offering—Wallace Wright,
Principal and inter¬
payable at the Bedford
Loan
& Deposit Bank, Bedford.
These bonds are part of a total
est
disposal
sewer
furnished.
for
then be 2%.
an
issue of $148,000 bonds, divided as
follows:
'
$37,000 2 y2%
accrued interest.
authorized issue of $48,500. Bid¬
on Nov. 1,
ders to name the rate of interest,
$7,000 in 1950;
$8,000 in 1951; $7,000 in 1952; expressed in a multiple of V\ of
The
approving opinion of
$8 000 in 1953, and $7,000 in 1%.
Skaggs, Hays & Fahey, of Louis¬
ft 1954.
68,000 2% sewer disposal works ville, will be furnished by the
bonds.
Due on Nov. 1, as fol¬ County. A certified check for $600
is required.
7yJ
lows: $8,000 in 1955; $7,000 in
follows:
-
1956;
1958;
1950;
1962,
-
$8,000 in 1957; $7,000 in
$8,000 in 1959; $7,000 in
$8,000 in 1961; $7,000 in
and $8,000 in 1963.
36,000 2lk%
disposal
sewer
Due
LOUISIANA
Franklin
No.
[
7
School
Parish
(P.
O.
District
Winnsboro),
Bonds Sold—An issue of $325,000 school bonds has been sold to
syndicate composed of Weil &
Arnold, National Bank of Com¬
1966 to 1968 inclusive.
merce,
Bond
bonds
revenue
1—v.
<
awarded
to
170,
;
offered
awarded
to
Halsey,
from
1
The
1950
second
William
Blair
to
1969
highest
inclu¬
bidder
John Dane, all of New Or¬
leans, and J. G. Hickman Co., of
Vicksburg,
as
follows:
$54,000
4s.
-
Con.
Ind.
Sch.
Dist.
(P. O. Aurelia), Iowa
Bond Offering—M. C. Paulson,
Secretary of the Board of Direc¬
tors, will receive sealed and open
bids until 8 p.m. (CST) on Aug. 15
for the purchase of $35,000 build¬
ing
bonds.
Dated
Oct.
Denomination $1,000.
on
Oct. 1 from 1957
clusive.
The
Due
July
on
15
from 1950 to 1954 inclusive.
94,000
v
2%s.
as
from
130,000
Due
1955 to
as
1959 inclusive.
Due
3s.
July 15
on
July
on
Due
15
1
from
Dated
July 1, 1949. Denomina¬
$1,000. Principal and interest
(J-J)
payable at the National
tion
1, 1949.
Due $7,000
to
approving
1961
in¬
opinion
of Chapman 8c Cutler, of Chicago,
and McDonald & Sayre, of Cher¬
okee, will be furnished to the
pur¬
chaser at the expense of the Dis¬
$436,000 bonds
170, p. 443—
were awarded to Phelps, Fenn &
Co., and the Stone & Webster Se¬
jointly,
Aug.
as
.
1949
J.-/
Corp., at
-H:
•.
;
County (P. O. Taylor sville), Kentucky
Bond Offering—Edgar E. Sul¬
livan, County Court Clerk, will
sealed
bids until
10
a.m.
(CST) on Aug. 9 for the purchase
of $60,000 school building revenue
bonds.
Dated July 1, 1949.
De¬
nomination
as
July 1,
follows: $2,000 in 1950 to 1953,
$3,000
in
$1,000.
1954 to
Due
1958,
sealed
&
at
premium
bids
at
the
office
the
of
Housing Board, 18 Tremont
Street, Boston, until 11 a.m.
(DST) on Aug. 11 for the purchase
of
expense.
Lawrence
Housing Authority,
Massachusetts
Note Offering—William A. Cur¬
tis, Chairman, will receive sealed
bids
the
at
office
the
of
State
Housing Board, 18 Tremont Street,
Boston,' until 11 a.m. (DST) on
Aug. 11 for the purchase of $2,475,000 Second Series notes. Dated
Aug. 22, 1949. Due on Aug. 22,
1950.
Principal and interest
pay¬
able at the Second National Bank
of
The
approving opinion
Sullivan,
Donovan" & Heene¬
York City, will be
furnished by the Authority at its
New
of
own
expense. :
Lynn
Housing Authority,
Mass.,.
Note Sale—The
$995,000 Second
Series notes offered July 28—v.
170, p. 348—were awarded to the
.
National
York, at
premium
0.82%
$8,000
of $29.
bonds.
Due
on
Dated
Sept.
Sept. 1, 1949.;
Mattapoisett
Housing
Authority
Massachusetts
*
Note Sale
The $106,000
—
First
Series notes offered July 28 were
awarded to the Second National
Bank, of Boston, at 0.83% interest,
plus a premium of $7.
Peabody, Mass.
Bond
of
Sale—The
1949
bonds
170,
v.
the
Boston,
a
of
1,
from
1950
second
a
about
1949.
to
Bank, of
price of 100.52,
1.92%.
1964
2—
awarded
Due
to
water
Aug.
National
2s, at
as
basis
Aug.
$50,000
offered
443—were
p.
Merchants
Dated
Aug.
on
inclusive.
1
The
highest bidder was,Tyter
2y2s, .at a price of
VV
-
1
Watertown
,
\
,,
Housing Authority,
Massachusetts
Note
-
Sale—The
$1,532,000 Sec¬
ond Series notes offered July 28—
v.
170, p.
348—were
awarded
to
the Chase National Bank, of New
:
MASSACHUSETTS
York,
at
premium
Massac h usetts
Note Offering—W. Dale Barker,
second
highest
0.83%, plus
Chairman, will receive sealed bids
office of the State Housing
purchase of $1,450,000 Second
in Series notes. Dated Aug. 22, 1949.
interest,
bidder
tional Shawmut Bank,
a
Bond
offered
were
and
plus
a
Na¬
was
Boston, at
premium of $78.
Yarmouth,
at the
Board,' 18 'Tremont Street, Boston,
until 11 a.m. (DST) on Aug. 11 for
0.82%
of $28.
Dated Aug. 8,
Due on Aug.; 8, 1950.
The
1949.
Arlington Housing Authority,
the
: /
.
8c
Co.,, for
of 100.79.
construction
inclusive.
price
a
,
school
permanent- public
im¬
provement of 1949 bonds. Due
on Sept.
1 from 1950 to 1964
Spencer
receive
Weeks
jointly,
a
State
90,000
347—were awarded to the Recon¬
'
Whiting,
Boston,
plus
interest,
of $29.00.
from 1950 to 1963 inclusive.-r
C.—The
F.
$40,000 4% water works revenue
bonds offered July 28—v. 170, p.
J
price of 100.53,
1958 inclusive.
Edmonton, Kentucky
.
a
hospital of 1949 bonds.
Due on Sept. 1 from 1950 to
238,000
struction Finance
IV2S, at
$108,000
( Dated July 15, 1949.
of par.
3—v.
basis of about 1.41%, as follows:
•
to JR.
0.93%
Sale—The
offered
a
245,000 as 3%-s*./ Due on July 15
; from 1966 to 1974 inclusive.
Sold
York, and
Stubbs,
of
Chase
July
curities Corp., both of New York,
from 1960 to 1965 inclusive.
Bonds
$5,000,000 notes
Bank, of New
interest, plus a
1950 to 1954 inclusive.
of $-17.
Dated Aug. 8,
41,000 as 2Y2s. Due July i from .1949. Due on Aug. 8, 1950.
The
second highest bidder was J. P.
1955 to 1957 inclusive.
84,000 as 23/4s. Due July 1 from Morgan & Co., Inc., Bankers Trust
1958 to 1962 inclusive.
Co., New York, and Second Na¬
146,000 as 3s.
Due July 1 from tional Bank, Boston, jointly, at
i
1963 to 1969 inclusive.
0.83% interest, plus a premium
as
Bond
2V2s.
as
&
Co., Carleton D. Beh Co., and Vieth, Dun¬
can &
Wood, jointly, for 13/4S, at
a
price of 101.18.
•
>
•
Aurelia
a
follows:
as
$81,000
Boston, Mass.
Note Sale—The
offered July 29 were awarded to
the Chase National
Bank, of New
,
347—were
p.
thority.
a
Sale—The $550,000 school
building
Aug.
Heenehan,
of New York
City, will be furnished by the Au¬
La. J han,
Nov. 1,
on
Principal
ap¬
8c
van
of Boston.
follows: $7,000 in 1964; $8,000 in 1965, and $7,000 from
as
1950.
opinion of Sullivan, Dono¬
proving
(J-J)
works bonds. Due
as
Aug. 22,
on
and interest payable at the Second
National Bank of Boston. The
$300,000 1st Series notes. Dated
Aug. 22, 1949." Due on Aug. 22,
1950.
The approving opinion of
County Clerk, will receive sealed
bids until 11 a.m. (CST) on Aug. Sullivan, Donovan & Heenehan, of
15 for the purchase of $30,000 not New York City, will be furnished
to
exceed 3y4%
school building by the Authority at its own ex¬
■
■
'
•
revenue
bonds.
Dated
July 10, pense.
1949. Denomination $1,000. Due on
Haverhill Housing Authority, Mass.
Jan. 10, as follows: $3,000 in 1952
Note Offering—George E. Mc¬
and 1953; $4,000 in 1954; $8,000 in
Gregor, Chairman, will receive
1955 and 1956, and $4,000 in 1957.
sealed bids at the office of the
The bonds are subject to prior re¬
State Housing Board, 18 Tremont
demption, only in inverse numer¬
Street, Boston, until 11 a.m. (DST)
ical order, on any interest pay¬
on
Aug. 11 for the purchase of
ment date at face amount plus ac¬
$445,000 1st Series notes. Dated
crued interest, plus additional in¬
Aug. 22, 1949. Due on Aug. 22,
terest equal to 3% of face value if
1950.
The approving opinion of
the date stated for redemption is
Sullivan, Donovan & Heenehan,
on or before
July 10, 1954, and on 01 isew YorK
city, will be fur¬
the same terms if thereafter ex¬
nished by the Authority at its own
cept that additional interest shall
in¬
bid
in¬
Trimble
<
1949, and
1950 to
and
and
and there¬
County is required.
Bowling Green,- Ky,
School
Independence
:
Indiana
Dated
be
check
from
Chicago, as l%s, at
a basis of about
Dated July 1, 1949.
Due
sive.
;
New Albany Housing Authority,
•
White
will
im¬
offered
347
p.
the
due Nov.
price of 101.18,
was
July 1
j
$22,500
bonds
170,
to
clusive.
Sale—The
were
—
New
t
$3,000
and
1.62%.
the
Iron: 1951 to 1966 inclusive/
fund
101
to
1958;
Due
55
Principal and interest payable at
the
Peoples Bank, Taylorsville. Franklin Housing Authority, Mass.
The approving opinion of Wyatt,
Note Offering—Arthur H. BulGrafton & Grafton, of Louisville,
lukian, Chairman, will receive
Iowa
Tne
—
v.
—
2.718%.
July 1,
Dec.
basis of about 1.48%.
a
after at
Bank, both of
2s, at a price
as
Phillips
Co., of Davenport, as 23/4S, at a
price of 100.155, a basis of about
-v
-
Stuart & Co.,
a
Harris, Trust & Savings Bank, of
Chicago, as iy2s, at a price of
•Dated
1
awarded
$310,000 sewer
bonds offered Aug. 3—v. 170, p.
ing bonds offered July 28—v. 170,
250
Aug.
Sale Details—The $45,000
Falls
Bond
Bond Sale—The $150,000 build¬
.p.
1950 to 1968
Council Bluffs, Iowa
Indiana
City,
on
highest bid was 100.12, for Is*.
442
School
from
and
interest
accrued
syndicate composed
of the Bankers Bond Co., Stein Bank of Commerce, New Orleans.
347—were awarded to the Cedar
Legality approved by Charles &
Bros. 8c Boyce, J. J. B. Hilliard &
Falls Trust & Savings Bank, as
Son, Almstedt Bros., all of Louis¬ Trauernicht, of St. Louis.
3/4s, at a price of par. Dated July
ville, and Russell, Long 8c Burk1, 1949. Due June 1 and Dec. 1
in
1952
and
1953.
The
second holder, of Lexington, at a price
of 101, a basis of about 3.07%,
Bangor, Me.
4
-
Marion
$250,000
offered
District, Iowa
Bond Sale—The $20,000 school
bonds offered July 28—v.
170, p.
Ripley
&
Co.,
Inc.,
Braun, Bosworth & Co., F. S.
Moseley & Co,, and Julien Collins
& Co., jointly, for iy2s, at a price
.
*
inclusive,
Cedar
inclusive.
bidder
Saie
provement
1953 to 1965 inclusive.
Harriman
of 101.42;
1
and
cluding July 1,
'
1952
170, p. 250 — were
awarded to a syndicate composed
of the Equitable Securities Corp.,
Hirsch & Co., Dominick & Dominick, both of New York, Stein
Bros. & Boyce, of Louisville, and
Sills, Fairman & Harris, of Chi¬
cago, as iy2s, at a price 101.47, a
basis of about 1.29%.
Dated Aug.
1, 1949. Due on June 15 and Dec.
The
State
Bank
building
bonds
purchased
by
7,000 2y4% sewer disposal works
Vieth, Duncan & Wood, of Daven¬
bonds. Due on Aug. 1, 1969.
port, and the Carleton D. Beh Co.,
Dated Aug. 1, 1949. Denomina¬
of Des Moines, jontly, as 2y2s, at
tion $1,000. Legality approved by
a price bf 100,51, a basis of about;
Depew, Stanley, Weigand, Hook &
2.33%, as previously noted in v.
Curfman, of Wichita.
169, p. 2691—are due on Nov. I,
as
follows: $2,000 from 1950 to
KENTUCKY
v.
—
Postville
State
works bonds.
Bond
O. Indian-
(P.
Nov.
$60,000
awarded
were
Shellsburg,
Bremer-Fayette Con. Sch. Pist., la.
apolis), Indiana
—
bonds
awarded to Weed-
All the bonds are dated
•
Sale
on
Citizens
Bond
1949.
1 from 1956 to 1979 inclusive.
Bond
were
inclusive.
Securities *Corp., of In¬
dianapolis, as 3^4 s, at a price of
102.38, a basis of about 3.09%.
Dated July 1, 1949.
Due on April
MaHon
Sale—The
revenue
&
Due
City
•
&
inson
awarded to
151—were
p.
Bank
Co., and McMaster Hutch¬
&
Co., both of Chicago,
jointly, as 2y2s, at a price of
100.70, a basis of about 2.40%.
en
The $68,000 water
offered July 29—
bonds
revenue
v/
the
date
same
offered
basis of about 1.49%. Due
date
same
Lawrence, Indiana
—
National
Additional
to Jan. 1, 1964 inclusive.
The
of par.
251—were
Harris Trust &
July 1 from 1950 to 1968 inclu¬
Dated
on
p.
sive.
Jan. 1 and July 1 from 1951
Bond Sale
bonds
"White-Phillips Co., of Davenport,
•jointly, as . l%s,\at a price of
32,000 Civil Twp. bonds. Due $1,;
the
to
—
general obligation bonds of¬
sewer,
the
Sale
i
sive.
Co., of Des Moines, and the
•
$1,000
170,
Moines
Des
price of 100.77.
a
Additional
Aug.
Savings Bank, of Chicago, Iowa-
$28,000 School Twp. bonds. Due
^ /" $1,000 on July 1, 1950, and
from
obligation
1—v.
awarded
-
„
3M>s, at
Sale—The $300,000 sewer
general
25
Carleton D.
Cownie,
Inc., both of Des Moines, jointly,
as
to
1962, and $5,000 in 1963.
maturing in 1950 to 1953,
will bear interest at 3%, J. & J.,
and bonds maturing in 1954 to
1963, will bear interest at 3^%,
J. & J. Bonds maturing in 1954
to
1963, will be subject to re¬
demption prior to stated maturi¬
ties, as a whole or in part upon
30 days prior published notice on
July 1, 1953, or on any interest
payment date thereafter, at 103
sewer
July
(539)
Bonds
Co., and Becker &
Ravenscroft 8c
Ames, Iowa
Aug. 24
on
Beh
ids.
Stratton,
sealed bids
1959
$700,
$60,000
offered
awarded to the
were
Town¬
IOWA
receive
will
1:30
follows:
r
Civil
the
required.
exceed 4% interest
'
of
expense
The
—
bonds
revenue
at
A certified check for $500,
payable to the Civil Township, is
for the purchase of $60,000 not to
:
the purchaser
to
ship.
Offering—Rolla
Trustee,
"
aid,
Dated
Indiana
Bond
as
school
Twp. (P. O. Versailles),
'
until
bonds.
Ice &
in¬
City, is required.
Johnson
interest
inclusive.. Bidders to name
of interest, .expressed in
a multiple of
of 1%.
The ap¬
proving opinion of Ross, McCord,
multiple of
a
p.m.
(CST) on Aug. 10
purchase of $11,000 not to
4%
Sale
Postviiie, jointly,
1961
the
cost.
of
O.
CHRONICLE
Postville, la.
fered
v
v
A certified check for
.<
Bond
the
for
FINANCIAL
payable to the District Treasurer,
is required.
:
a
Denomination $500.
A certified check for
1%.
$14,000,
rate
ex¬
July 1, 1949.
Due $500 on
July 1, 1950, and $500 on Jan. 1
and July 1 from 1951 to Jan. 1,
inclusive; $75,000 from 1953
inclusive; $55,000 from
1956 to
1958
inclusive; $75,000
from 1959 to 1968 inclusive; $95,000 in 1969.
The approving opin¬
ion of Ross, McCord, Ice & Miller,
of Indianapolis, will be furnished
the
Biddeis
;
interest,
Offering — Cecil Duvall,
will receive sealed bids
exceed
1955
to
1
for the
as
1952
to
of
Twp.
Civil
Twp.
(P.
Florence, R. No. 1), Ind.
Trustee,
terest improvement of 1949 bonds.
tion
inclusive.
rate
trict.
to
„
$1,400,000
the
$1,000 is required,
of
purchase
1970
purchaser at the expense of
District.
A
certified
check
receive
p.m.
the
for
Board
will
until
11
Aug.
on
4%rin¬
multiple of % of 1%.
The approving opinion of
Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished to the
jEast' Chicago School City, Indiana
-
to
name
pressed in
ferring consisted of:
$33,000 School
exceed
plant adDated Aug. 15,
1949.
Denomination $1,000 and
$500.- Due $43 500 on Jan. 1 from
rejected,
were
.
to
ditionl949 bonds.
$66,000
interest bonds
4%
July 29
not
terest sewage treatment
1, Elwood), Indiana
.
Bends
/
THE;COMMERCIAL .&
••••;
......
Massachusetts
Sale—The $350,000
bonds
170, p.
444—
Aug.
2—v.
awarded to Estabrook &
the
First
National
Co.,
of
Bank,
56
(540)
THE
•
COMMERCIAL
Monday, August 8,:1949
FINANCIAL CHRONICLE
&
optional in 1957. The 1954; $15.00 on each bond called
Corp., bidding lor redemption on or after April
for $330,000 2s and $95,000 lVzs, 1, 1954, but prior to April 1, 1955;
as follows:
payable to the District Treasurer, or a< nec interest cost oi 1.927b, $10.00 on each bond called for
$300,000 school
bonds.
Due
on
is required.
redemption on or after April 1,
<
^YY"yy/v was second high in the bidding.
Aug. 15 from 1950 to 1969
.'V"
'•
'
;
1955, but prior to April 1, 1956;
inclusive.
Midland, Mich.
Grandville, Michigan
$5.00 on each bond called for re¬
50,000 school, Act of 1948 bonds.
Bond Offering:—Flora Van ZinBond Sale—The $18,000 special
demption on or after April 1,
Due on Aug. 15 from 1950 to
deren, City Treasurer, will receive assessment sanitary sewer oonds 19o6, but prior to April 1, 1957. No
>
1959 inclusive.
sealed bias until 7:30 p.m. (EST) offered Aug. 3 were awarded to
premium shall be paid on bonds
on
X Dated Aug. 15, 1949. |
Aug. 8 for the purchase of McDonald-Moore & Co., of De¬ called for redemption on or after
$58,000 not to exceed 3% interest troit, as 2s, at a price of 100.306, a April 1, 1957. Principal and in¬
MICHIGAN
Second terest
special assessment coupon bonds. basis of about 1.903%.
(A-O) payable at a bank
Dated Aug. 1,
1949. Denomina¬ high bid of 100.138 for 2s was or trust company to be designated
Alpena Union Sch. Diet., Mich.
made by the Chemical State Sav¬
tion $1,000. Due Oct. 1, as follows:
Bond *
Sale
The
by the purchaser; Bidders to name
$1,595,000
$6,000 from 1950 to 1952 inclusive, ings Bank, Holland.
the rate of interest, expressed in
building bonds offered Aug. 3—
Bonds are dated Aug. 1, 1949.
and $5,000 from 1953 to I960 in¬
a
v.
multiple of y4 of 1%. The ap¬
170, p. 348—were awarded to
clusive. Bidders to name the rate Denomination $1,000. Due Oct. 1,
a
proving opinion of Miller, Cansyndicate composed of Harrias
follows:
$3,000 in 1950 and
of interest, expressed in a mul¬
field, Paddock & Stone, of De¬
man, Ripley & Co., Inc., Blyth &
tiple of y4 of 1%. Principal and 1951, and $4,000 from 1952 to 1954
troit, will be furnished to the pur¬
Co., both of New York, Halsey,
Legality approved by
interest (A-O) payable at the City inclusive.
chaser. A certified check for $15,Stuart & Co., Chicago, Watling,
Treasurer's office. The approving Miller,
Canfield,
Paddock
&
Lerchen & Co., H. V. Sattley &
000, payable to the District Treas¬
opinion of some market attorney Stone, of Detroit.
Co., McDonald-Moore & Co., and
urer, is required.
will be
furnished
by the pur¬
Crouse & Co., all of Detroit, at
Park
Township Fractional School
chaser at his own expense. A cer¬
Ypsilanti and Van Buren Twps.
a
price of 100.4, a basis of about
District No. 8 (P. O.
tified check for 2% of the bonds,
rrac. Sch. Dist. No.
12 (P. U.
:1.93%, as follows:
Holland), Mich.
payable to the City Treasurer, is
Route No* 3, Ypsilanti), Mich.
Bond Sale—The $82,000 school
$477,000 as iy2s.
Due June 15 required.
Bond Sale—The $45,000 build¬
from 1950 to 1955 inclusive.
bonds offered Aug. 2—v. 170, p.
Harrison Twp. Sch. Dist. No. 1
444—were awarded to the Peoples ing addition bonds offered Aug. 1
918,000 as 2s. Due June 15 from
(P. O. Route 4, Box 224,
State Bank of Holland, as 21/2s, —v. 170, p. 444—were awarded to
1956 to 1966 inclusive.
Ml. Clemens), Mich.
V.
at a price of par. Dated April 1, H.
Sattley & Co., and Mc¬
Dated June 15, 1949. The sec¬
Bond Sale—The $65,000 school
1949 and due on April 1 from 1950 Donald-Moore & Co., both of De¬
ond highest bidder was the First
bonds
offered
Aug.
3
were
to
1964 inclusive. Bonds matur¬ troit, jointly, at a price of 100.15,
of Michigan Corp., Braun, Bosawarded to Stranahan, Harris & ing from 1960 to 1964 inclusive are a basis of about 3.30 %, as follows:
worth & Co., Inc., John Nuveen
C«. Inc.. of Toledo.
optional beginning April 1, 1954, $33,000 as 3%s. Due on July from
& Co., Stranahan, Harris & Co.,
Bonds are dated July 1, 1949. at varying
premiums depending
1950 to 1960 inclusive.
Inc., and B. J. Van Ingen & Co.,
Denomination $1,000. Due July 1, on the date of redemption. Stran¬
12,000 as 3*/4s.
Due on July 1
jointly, for $390,000 as 2V2S, $558,as follows: $6,000 in 1950 to 1954,
ahan, Harris & Co., Inc., of To¬
from 1961 to 1964 inclusive.
000 as l%s, and $647,000 as 2s, at
and $7,000 in 1955 to 1959. Bonds ledo, naming a rate of 23/4%, was
a price of 100.03, a basis of about
Dated July 1, 1949. The second
maturing in 1954 to 1959 may be second high bidder.;
1.95%.
highest
bidder
was
Watling,
redeemed
at the " option of the
Lerchen & Co., for $45,000 as 33/4s,
Pontiac Sch. Dist., Mich.
Cooper
Twp. Sch. Dist.
No. 2 School District in inverse numer¬
at a price
of 100.12, a basis of
Note Offering—Fred D. Mondin,
;
ical order on any interest payment
(P. O. Route 1, Kalamazoo),
Boston, jointly, as l%s, at a price
100.32, a basis of aoout 1.71%,
.of
field, Paddock & Stone, of De¬
troit, will be paid for by the Dis¬
trict. A certified check for $2,000,
1949 and
& Hopwood, of Minneapolis, as l^s, at a price of
100.013,
a ; basis
of.. about
fray
are
First
Michigan
of
;
•
•
Y
Dec.
from
1
1.74%.
Due
on
1950
;
1954
inclusive.
to
:.
...
•
......
.«
.
.
■.
•
••
,
.
•
.
AH of the bonds
•
issue, offering a price of 100.118
l%s; J. M. Dain & Co., was
in the bidding for the
$15,000 loan, offering 100.70 for
for
runner-up
1-60s*
'
-
.
—
■
.
i
'Y >:
■■
.
Michigan
The $8,000 school
offered Aug. 1—v. 170r p.
Sale
bonds
444
—
—
Dated
&
Aug.
Co.,
Kalamazoo.
of
1, 1949.
H.
E.
to
awarded
were
Schneider
Due April 1
from 1950 to 1954 inclusive.
Delhi Twp. Sch. Dist.
Bond
-
No. 1
(P. O. Holt), Mich.
Sale Details—The $90,000
school bonds purchased
by Paine,
Jackson &
Curtis, of
Rapids, as 2s, a basis of
about 1.98%, as previously noted
in v. 170, p. 252, were sold at a
Webber,
Grand
price of 100.05.
Y
Detroit, \Mich.22:2 222^2'
''2; ■,Y
Bond
Sale—The
$4,500,000 pub¬
lic utility street railway, Series I
bonds offered Aug. 3—v. 170, p.
444—were awarded to a syndicate
composed of Ira Haupt & Co.;
Laidlaw & Co., both of New York;
Fidelity Union Trust Co* of New¬
ark; J; G.: White '& Co., Inc., of
New Yorker Courts & Co., of At¬
lanta; Detmer & Co., of Chicago;
Newburger, Loeb & Co.; Glickenhaus & Lembo, both of New York;
Thomas
&
Co.,
of
Pittsburgh;
•Provident Savings Bank & Trust
Co., of Cincinnati; National City
Bank, of Cleveland; J. B. Hanitauer & Co., of Newark; McDougal
&
Condon,
of
Chicago;
Wurts,
Dulles & Co., Walter Stokes & .Co.,
both
of 7 Philadelphia;
Doll
&
Isphording,
Inc.,
of
Cincinnati;
Shaughnessy & Co., of St. Paul,
and L. W. Simon & Co., of Cleve¬
land, at a price of 100.06, a basis
of about 2.20%, as follows:
$80,000
v
.
500,000
y:
4s. Due
as
1951 to
as
on
Aug. 15 from
1955 inclusive.
l%s.
Due
\
•
Aug. 15
on
in 1956 and 1957.
Y:Y/
1, 2,100,000 as 2s. Due oh Aug. 15
•J V from 1958 to 1964 inclusive.
1,000,000 as 2y4s. Due on Aug. 15
from 1965 to 1968 inclusive.
Dated Aug. 15, 1949.
V
Y
"
• '•
.'.f
Erin and Warren Twps. Ffao. Schl
Dist. No. 2 (P. O. East Detroit),
,
"
Y';
2
Michigan
■'
Bond Offering—Leonard
./■Vy'-'-'T-'.';T
Bishop,
Secretary of the Board of Educa¬
tion, will receive sealed bids until
.
8 p.m. (EST) on Aug. 8 for "the
purchase of $212,000 not to exceed
;4y2%
bonds.
interest
Dated
school
coupon
July 1, 1948. De¬
nomination $1,000. Due on July 1,
as follows:
$50,000 in 1950; $52,000
in
•
1951; $54,000 in 1952, and $56,Principal and interest
(J-J) payable at the Detroit Trust
.Co., Detroit. Bidders to name the
000 in 1953.
rate of interest, expressed in a
multiple of y4 of l%.The ap¬
proving opinion of Miller, Can-
date
after
July 1, lu53, at
interest to the
date fixed for redemption, plus a
premium for each bond so re¬
deemed as follows: $20.00 on each
oond called for redemption prior
co
July 1, 1954; $15.00 on each
bond called for redemption on or
after July 1, 1954, but prior to
July 1, 1955; $10.00 on each bond
called for redemption on or after
July 1, 1955, but prior to July 1,
1956; $5.00 on each bond called
for redemption on or after July 1,
1956, but prior to July % 1957.
No premium
shall be paid on
bonds called for redemption on
or after July
1, 1957. Principal
and interest (J-J) payable at a
on
or
and
par
bank
accrued
8
Aug. 10 for the
purchase of $225,OOP not to exceed
3% interest tax anticipation notes.
Dated
Aug. 1, 1949.
Denomina¬
tions shall be at the option of the
p.m.
(EST)
about 3.73%.
Certificate
Norman
No.
Ind.
County
Sch.
Dist.
(P. O. Hendrum), Minn.
Bond Sale—The $60,000 school
1
bonds offered Aug. 2—v. 170, p.
purchaser but not to exceed $25,- 444—were awarded to the Nor¬
000.
Due on Jan. 15, 1951. The
man County State Bank, of Hennotes will be subject to redemp¬
drum, as 2V4S, at a price of 100.34,
tion at par and accrued interest on
a
basis of
about 2.20%.
Dated
the first or the fifteenth day of
Aug. 1, 1949. Due Aug. 1 from
any month prior to the maturity
1952 to 1966 inclusive.
The sec¬
thereof, in inverse numerical or¬
ond highest bidder
was
Allison
der on and
after Aug.
1, 1950.
Williams Co., and J. M. Dain &
Principal and interest payable at
Co., jointly, for 2.40s, at a price
the
Community National
Bank,
Bidders to
Pontiac.
the rate
name
of 100.33.
Centre, Minnesota
Bond Offering — J. B. Hansen,
the
receive sealed
(CST) on Aug.
purchase of $106,000
hospital bonds, divided as follows:
value of the notes, pay¬
the District Treasurer, is
$54,000 Series A bonds. Due on or
befofe Sept. 15, 1949.
ignated by the purchaser. Legal¬
ity approved by Miller, Canfield,
Paddock & Stone, of Detroit.
Stevens, Barbier & Evely, of De¬
troit, will be paid by the District.
Lake Orton
total
A
Com. Sch. Dist., Mich.
certified
check
for
of
2%
par
$370,000 able to
school bonds purchased by Wat- required.
ling, Lerchen & Co., of Detroit, Southfield
Twp.
Township Sch.
on a bid
reflecting a net interest
Dist. (P. O. Detroit 19),
cost of about 2.89%, as previously
Michigan
noted
in
v.
170,
p.
348—were
Bond Sale —The
$1,300,000
awarded at a price of 100.01, as
building bonds offered July 29
follows:
were awarded to a syndicate com¬
$100,000 as 3i/4s. Due on May 1 posed of McDonald-Moore & Co.,
Bond Sale Details—The
City
Clerk,
will
bids
until 8
p.m.
16
from 1950 to 1954 inclusive.
follows: $6,000 in 1950
1951, and $5,000 from
1952 to 1959 inclusive; bonds
1,
as
and
not to exceed 2%
as
3s.. Due
on
H.
May 1 from
1955 to I960 inclusive.
Aug.
$1 000.
nomination
170,
p.
444—were awarded to
15,
1949.
De^
Due Aug.
15,
$9,000 from 1950 to
1952 inclusive, and $10,000 in 1953.
follows:
as
Interest
for
F-A.
certified
A
payable
$100,
check
the
to
City
Treasurer, is required.
MISSISSIPPI
j
:
Corinth, Mass.
Bond
until
bids
for
10
Offering
Clerk,
City
—
will
2
the
Dayton
receive
(CST)
p.m.
purchase
Potts,
sealed
on
Aug.
of
$400,000
public sewer system bonds. Dated
Sept. 1, 1949. Denomination $1,000.
March
Due
from
1,
1950 to
from
000
follows: $8,000
inclusive; $16,1958 inclusive;
as
1954
1955
to
$21,000 in 1959; $25,000 from 1960
to 1964 inclusive, and $30,000 from
1965
inclusive.
1969
to
interest
will
be
Principal
payable
at
designated by the
purchaser. The approving opinion
of Charles & Trauernicht, of St.
Louis, will be furnished at the
expense of the purchaser. A cer¬
tified check for $8,000, payable to
the City, is required.
Pelahatchie, Miss.
;1.
Sale—The
Bond
$30,000 paving
and sewer bonds offered July 29
—v. 170, p. 349—were awaided to
the Max T. Allen Co., of Hazlehurst, at a price of 100.78, a basis
of about 2.34%, as follows:
.
$21,000 as 2 V4s.
1950
Due Aug. 1 from
inclusive..
1956
to
a
Y
9,000 as 2V2s. Due Aug. 1 from
1957 to J959 inclusive.
Aug. 1, 1949.
Dated
MISSOURI
Southwest
Missouri State College
(P. O. Springfield), Mo. J "
Sale—The
Bond
dent
enue
and
center
-
$368,000 Ystu¬
dormitory rev¬
bonds offered Aug. 3—v. 170,
fire dept. bonds.
July 1, 1949. Amortization
to exceed 4% int.
Dated
bonds will be the first choicd and
serial
choice
bonds
of
the
ization bonds
entire
the
wiH
one
single
be
the
Council.
are
issue
-
v.
interest certifi¬
Dated
cates.
p. 253—were awarded to a group
maturing in
1955,
callable composed of Stern Bros. & Co.,
May 1, 1950; bonds maturing Kansas City, Dempsey-Tegeler &
in 1956, callable May 1, 1951; Co., St. Louis, and Burke & Macbonds maturing in 1957, call¬ Donald, of Kansas City,1 on &v bid
able May 1, 1952; bonds ma¬ reflecting a net interest cost of
Dated July 1, 1949
turing in 1958, callable May about 2.96%.
1, 1953; bonds maturing in and due on July 1 from 1951 to
inclusive. Bonds maturing
1959, callable May 1, 1954. Y 1969
from 1953 to 1969 inclusive are
Dated Aug. 1, 1949. Denomina¬
callable beginning July 1, 1952, in
tion $1,000. Bidders to name the
inverse numerical order, at vary¬
rate
of interest, expressed
in a
ing premiums depending on the
multiple of y4 or 1/10 of 1%.
date of redemption.
Principal and interest payable at
any suitable bank or trust com¬
MONTANA
pany designated by the successful
Kalispell, Mont.
bidder. The approving opinion of
Faegre & Benson, of Minneapolis, V Bond Offering—C. H. Brewer,
Clerk, will receive sealed
will be furnished to the purchaser City
without cost. ►A certified check bids until 8 p.m. (MST) on Aug.
for $2,000, payable to the City, is 17 for the purchase of $81,000 not
V. Sattley & Co., both of De¬
troit, Stranahan, Harris & Co.,
Inc., of. Toledo, Barcus, Kindred
115,000 as 23/4s. Due on May 1 & Co., of Chicago, B. J. Van In¬
from 1961 to 1964 inclusive.
gen & Co., of New York, Channer
Securities Co., Ballman & Main,
Lincoln Park Sch. Dist., Mich.
both of Chicago, Walter, Woody
Note
Offering — Winfred L.
& Heimerdinger, Pohl & Co., both
Crowley, District Treasurer, will
receive sealed bids until 8 p.m. of Cincinnati, and Welsh, Davis 8c
(EST) on Aug. 11 for the pur¬ Co., of Chicagtf, at a price of par,
chase of $36,000 tax anticipation a basis of about 3.65%, as follows:
notes.
Dated Aug. 5, 1949.
De¬ $815,000 as 3%s. Due Sept. 1 from
nomination to be at the option of >.
1950 to 1960 inclusive.
the
purchaser.
Due $28,800 on
485,000 as 3V2s. Due Sept. 1 from
Nov. 1, 1950; $3,600 on Jan. 1 and
1961 to 1965 inclusive.
April 1, 1951, Principal and inter¬
Van Buren Twp. Township School
est payable at the Ecorse-Lincoln
required.
'
>
'
'
,5
Dist. (P. O. 501 West Columbia
Park Bank, Lincoln Park. A cer¬
Y
Scanlon, Minnesota
Ave., Belleville) i Mich.
tified check for 2% of the total
Bond
Offering -— Inar
Sather,
Bond Offering — Jewett Amerpar value of the notes, payable to
man, Secretary of the Board of Village Clerk, will receive sealed
the District, is required.
J
bids until Aug. 24 for the pur¬
Education, will receive sealed bids
Marysville School District, Mich.
until 8 p.m. (EST) on Aug. 17 for chase r, of ,$18,000
water
main
Bond- Sale—The
$425,000 con¬ the purchase of $750,000 not to bonds. These bonds were author¬
struction bonds offered Aug. 3—
ized at the election held July 25.
exceed 3% interest school coupon
155,000
on
the
for
52,000 Series B bonds. Due May
,
Einar H.
Aug. 8 for the purchase of $37,000
Sauk
of interest, expressed in a multiple
of lk of 1%. The approving opin¬
—
sealed bids until 7 p.m. (CST)
the place to be
MINNESOTA
on
Offering
Brcgren, City Clerk, will receive
and
ion of Claude H. Stevens, of Berry,
trust company to be des¬
or
Secretary of the Board of Educa¬
tion, will receive sealed bids until
Y. Y Y
T;'• Willmor, Minn.
■
Bond
dated June
are
First & American
National
Bank, of Duluth, was
second high bidder for the $55,000
The
1949.
1,
bond
If
second
amort¬
sold and issued
be put into
.divided into
may
or
several bonds, as the Council may;
a
bonds. Dated July 1, 1949. De¬
Y";Virginia, Minn.
;'Y ■/>. ■ ; determine upon at the time of
Braun, Bos^ nomination $1,000. Due $75,000
Bond Sale—The $70,000 general sale, both principal and interest
Toledo, Wat4 April 1, 1950 to 1959. Bonds ma¬
obligation bonds offered Aug. 2— to be payable in semi-annual in¬
ling, Larchen & Co., and McDon4
turing in 1954 to 1959 may be re¬ v. 170, p. 349—were awarded as stallments during a period of 10
aid-Moore & Co., both of Detroit,
deemed at the option of the Dis¬ follows:
v r :C;
-V;';. vyy years from the date of issue. If
at a price of 100.018, a net in¬
trict in inverse numerical order
serial bonds are issued and sold
$55,000 water, light and heat plant
terest cost of about 1.79%, as foH
on any interest payment date on
bonds were sold to J. M. Dain they shall be in the denominations
lows:
' '"V:v: .; •
or after April
-V "•;
,;S i ♦»»•:> •
'
1, 1953. at par and
& Co., of Minneapolis, as 1.60s, of $1,000 and $100, the sum of $8,$140,000 2s. Due from 1052 to 1954 accrued interest to the date fixed
at a price of 100.372, a basis 100 shall become due and payable
group composed of
worth r& Co., Inc.,
,
,
.
inclusive. Y
285,000 l%s.
..
•
..
.
Due
vdirv"-;
from
1955
to
1959 inclusive.
The
bonds
are
for
redemption,
for each bond
lows y $20.00
dated
July
1,
for
so
on
redemption
plus
a
premium
redeemed
each
prior
bond
to
as
of about 1.53%. " Due on
fol¬
called
April
1,
1 from
*
were
on
July
the
J, 1950 and a like amount
day each year there-!
improvement after until all of such bonds are
sold to Piper, Jaf- paid. ^ The'bonds, whether amort-
15,000 permanent
bonds
Dec.
1950 to 1959 inclusive;
on
same
Volume
ization
Number 4827
170
serial
or
redeemable
City five
THE
bonds," will be
option of the
the
at
from the date of
any interest paying
and
date
thereafter.
on
Interest
J-J..
to exceed
NEBRASKA
pon
Cass
6% interest water
registered
or
of
Plattsmouth, as 2s, as previously
noted in v. 170, p. 253—were sold
at a price of 100.33, a basis of
about 1.94%,- and mature Aug. 1,
follows: $3,000 in 1952 and
as
and
$4,000 from 1954 to
approving
in¬
to the
HAMPSHIRE
Concord, N. H.
<
.
bonds,
"
*
Note
Sale —The
$200,000 notes
offered
Aug.
the
Shawmut Bank, of
at '0.81% discount.
The
highest bidder was .the
3
awarded
were
second
Merchants National Bank, Boston,
at 0.82% discount.
Notes
dated
are
Aug. * 4, 1949.
$25,000. Due Dec.
20, 1949.
Legality approved by
Storey, Thorndike, Palmer &
Dodge, of Boston. -
28, 1949.
Sale—The
$2,000,000
.
•
system,
offered
Aug.
1949
3—v.
awarded
were
composed
Issue
of
170,
to
349—
p.
syndicate
a
Shields
bonds
&
Co., Bo-
land,, Saffin & Co., Lee Higginson
Corp., v Salomon Bros. & Hutzler,
New
-
York,
Dolphin
&
Co.,
Co., of Boston,
Herbert J. Sims & Co., John Small
& Co., both of New York, Wurts,
Dulles
a
•
■
Johnson
&
& Co., Homer O'Connell
Co., both of New York, J. M.
&
Co.,
of
Minneapolis,
Dain
Schmidt Poole & Co., of Philadel¬
phia, F. R. Cole & Co., of Newark,
Seasongood
& Mayer, of Cincin¬
nati, and W. H, Newbold's Son &
Co., of Philadelphia, at a price of
par, a basis of about 2.69%,- as
follows:
$145,000
;»in
I
Due
5s.
as
on
Dec.
as
2y4s.
Due
on
15
Dec.
'
from
>M5
•
1
910,000
'
.
1955
to
inclu-
1961
If-:
isive.
Mercer
ft.
3,325,000
2%s. Due
as
on
2%s. Due
from 1966 to
.
on Dec. 15
1976 inclusive.
6,265,000 as 2.70s. Due on Dec.
V.i5 from 1977 to 1989 inclusive.
>
Dated June 15,
Twp. (P. O.
Landing), N. J.
Bond
1949
Sale —The
Mays
$20,000 water
bonds offered Aug.
1—v.
170,
p.
349—were
awarded
to
Campbell & Co., of Newark, as
3s, at a price of 100.32* a^basis
of
about
1949.
1969
Due
2.96%.
Aug.
inclusive.
pon
Dated,^ Aug.'1,
1 fromyl950 to
The second high¬
1,
000.
Carone,
to
$20,000
1965
bonds.
Dated
Denomination
$1,Aug. 1 from
on
inclusive.
Principal
(F-A)
furnished to the purchaser. A cer¬
York,
tified check for 2%
the bonds
of
Bond
Sale
Due
*
*»<'*;
—
Jersey
The
provement bonds offered Aug. 2—
170,
v.
445—were
p.
awarded
to
Lehman
Bros., and the First of
Michigan
Corp.,
both
of
New
York, jointly, as 1.30s, at a price
of
100.06,
Dated
from
Aug.
1950
second
Trust
basis of about 1.28%.
a
1,
1949.
Aug.
Due
1960 inclusive.
to
1
The
highest bidder was Harris
& Savings Bank, Chicago,
and A. Webster
Dougherty & Co.,
jointly, for $560,000, as 1.30s, at a
price of 100.05.
Dated Sept. 1, 1949: Denomination
$1,000.
Due
$4,000
Sept.
on
1
cipal and interest
the
at
First
Bloomingdale.
the
a
of
rate
(M-S)
National
payable
Bank
Bidders
to
Bond
of
Le-
Coney, District Clerk, will receive
sealed bids until 8 p.m. (DST) on
Aug. 22
for
the
purchase
of
$45,000 lVz% school coupon or
registered bonds. Dated Aug. 1,
1949.
Denomination
$5,000
on
$1,000. Due
Aug. 1 from 1950 to 1958
multiple of Vs or l/20th of 1%.
approving opinion of Cald¬
amount
of
2%
of the par value of the bonds,
payable to the Borough Treasurer,
is required.
;
Bond
$303,000 bonds
offered July 29—v. 170, p. 350—
were
awarded to the Farmers Na¬
tional
Bank, of Amsterdam, as
1.20s, at a price of 100.06, a basis
1.18%, as follows:
of about
$268,000
general
bonds.
to
1960
improvement
Due Feb.
from
1
New Jersey
1951
Due Feb.
divided
as
Dated Aug. 1,
at
regis¬
follows:
$362,000 school bonds, including
issues of $35,000 and $327,000 (Se¬
ries B). Dated June 1, 1949. The
bonds
stated
mature June
in
1,
combination
as
will
follows: $40 000
in
1957; $30,000 in
$17,000 in
bidder
1949.
was
The second
the
Co., New York,
price of 100.04.
a
Bankers
for
445—were awarded to the
facturers
1.20s,
1,
$20,000
Due
1958, and j
follows:
1953
Traders
1949.
The
$55,000
from
Sewer Dish No,
to
inclusive;$53,000 in 1954;
$50,000 in 1955 and 1956; $45,000
3 bonds.
July 1 from 1950 to 1969
to
1952
$15,000 from
New
\
sive.
1953
Bidders to
to
name
Aug.
tional
the rate ol
$457,000
and
a
payable
the
to
of
bonds
445—
p.
Chase
Na¬
York,
New
as
1.40s, at a price of 100.01, a basis
of about 1.39%, as follows:
multiple
or
170,-
3—v.
Bank,
Principal and
interest (M-S) payable at the Lin¬
coln Rochester Trust
Co., Roches¬
y4
a
ap¬
Rochelle, N. Y.
awarded
were
inclu¬
1969
The
Sale—The $824,000
Bond
offered
inclusive, and
interest, expressed in
1/10 of 1%.
land
:
acquisition,
sewer
equipment 1949 bonds.
Aug. 1 from 1950 to 1963
Due
inclusive.
77;V-y/..
The
approving opinion of
367,000 school 1949 bonds. Due
Reed, Hoyt & Washburn, of New
Aug. 1 from 1950 to 1963 inYork City, will be furnished to
'"7
elusive.
-j/" '■•••
the purchaser.
A certified check
Dated Aug. 1, 1949.
for $5,700, payable to the District
is required.
■_
A;'\,V New York City Housing Authority,
„
,New
Middleport, N. Y.
Bond
Offering—Ruth
Note
v
Cole¬
ries
sealed
.(EST).,on
chase
of
bids
York
.
,
H.
Village Treasurer,
will
until
re¬
Sale—The $23,500,000 Se¬
L
170,
noon
notes
offered
446
were
p.
—
•
Aug.
4—v.
awarded
follows;
Aug. 18 for the pur¬
$80,000 not to exceed
interest
5%
water
Dated
tion
Aug.
$1,000.
from
1950 to
1949
as
•
To J- Bessemer
Trust Co., .'Jersey
City: $2,500,000 at 0.82% in¬
terest, plus - a premitim
of
$57.56; $2,500,000 at 0.83%,
plus $57.50, and $2,500,000 at
0.84%, plus $57.50.
To Chemical Bank & Trust Co.,
New
York,
and Associates:
$5,000,000 at 0.84% interest,
plus a premium of $5; $8,0005
000 at 0.85%, * plus
$8, and
: V $3,000,000 at 0.86%, plus $3.14.
bonds.
1, 1949. Denomina¬
Due $4,000 Aug. 1
1969 inclusive.
Bid¬
single rate of inter¬
name a
(F-A) payable at the Niag¬
Bank and
County/National
ara
Trust
Co., Middleport.
The ap¬
proving opinion' of Vandewater,
Sykes,
5 bonds
to 1979
Due July 1 from 1950
inclusive.
;
Dated
July 1, 1949.;
Cheektowaga Union Free School
No. 7 (P. O. Depew), N. Y.
Dist.
Bond
Sale Details—The
$76,600
building bonds awarded June 30
>
to
All of the notes
Heckler
New York
& Galloway, of
City, will be furnished
to the purchaser without cost.
16, 1949,
•16, 1950.
A
certified check for $1,600, payable
to the order of the Village, is re¬
the Marine Trust Co., Buffalo,
.
■
/
are
dated Aug.
Feb.
mature ; on
and
'■ '"
^
•;'
-
North Hempstead, ManhassetLakeville Water District (P. O.
•
Manhasset), New York
Mount
Pleasant, North Castle and
Greenburgh Union Free Sch. .Dist.
No. 5 (P. O. Valhalla), N. Y.
Bond
offered
were
Sale—The $197,000
Aug.
1—v.
awarded
170,
bonds
446—
p.
Roosevelt
to
&
&
Cross, Francis I. du Pont & Co.,
and
Tilney & Co., all of New
York, jointly, as 2.10s, at a price
of 100.11, a basis of about 2.08%,
both; of
as
Bond
Sale—The
$60,000 school
bonds offered Aug. 3—v. 170, p.
/
Co.,, Inc., and Sherwood & Co.,
New York, jointly, as
1.40s, at a price of 100.23, a basis
Of about
1.32%.
Dated Aug. 1,
1949.
Due Aug. 1 from 1950 to
,
;./■ ■••• elusive..-*" %
man,
■
New York f
.
Bond
County
V.
*
Treasurer,
will
12:30
re¬
p.m.
Aug. 15 for the pur¬
chase of $2,325,000 not to exceed
5% interest coupon or registered
as
follows:
■
'*
*
,
Dated-Aug. .1, 1949. 'r *
^
Serfily
A
1
bonds.
from
Due
1950
$50,000
to: 1969
follows:
acquisition,
Due
March
Series
1,
Walworth and
1
(P. O. Penfield), N. Y.
Bond
Sale—The
$30,000
school
170,
1949 bonds offered Aug. 1—v.
253—were awarded to the Se¬
curity Trust Co., of Rochester, as
;l%s, at a price of 100.01, a basis
of about 1.74%.
Dated Aug. 15,
1949. b Due
inclusive.
925,000 land
7 A
bonds.
Perinton,
Macedon Central Sch. Dist. No.
p.;
$1,000,000 surface drainage sewer,
March
Due
Aug. 1 from 1950 to 1959 inelusive.
■
•;',
Pen field,
on
divided
Si-
7.
Offering—H. Bogart Sea¬
ceive sealed bids until
bonds,
'•'/ A'-''
v
37,000 fire apparatus bonds.
.'ij,; "t'•,}
r
1.. iNassau Cpunty (P. O.^Mineola),
/
*
follows:
$160,000 fire house bonds.Due
„*v Aug. 1 from 1950 to„i969. in-
1954 inclusive.
(DST)
inclusive.
bonds
1950
Manu¬
Trust
98,000 Sewer Dist. No.
stated in combination will mature
as
and
Co.,
of Buffalo, and Roosevelt & Cross,
of New York, jointly* as-2 y2s, at
a price of 100.35, a basis of about
2.47%, as follows:
1959.
Aug.
1950
in
expressed
of 1%.
Village, is required.
cou¬
Sept. 1, 1949. Denomination $1,000.
Due Sept. 1, ..as follows:
$10,000
from
V4
certified check for $2 090,
to the
Dated
445—were awarded to J. G. White
$870,000 bonds; including $23 000
land
acquisition bonds; $415,000
school, Series C bonds, and $432,000 general improvement bonds.
Dated
interest,
proving opinion of Vandewater,
Sykes, Heckler & Galloway, of
New York City, will be furnished
to the purchaser without cost.
A
1
from 1951 to 1960 inclusive.
Cheektowaga Sewer Dis's. (P. O.
/
Buffalo), N. Y.
will receive sealed bids until 10.30 |
Bond Sale—The $118,000 sewer
a.m.
(DST) on Aug. 11 for the
purchase of $1,232,000 not to ex¬ bonds offered Aug. L--v.,170, p.
bonds,
of
rate
quired.
inclusive.
35,000 water bonds.
highest
•
bonds.
a.m.
able at the Chase National Bank,
York. Bidders to name the
Weiland,
interest school
registered
or
11
New
est, expressed in a multiple of J/4
or 1/10 of 1%.
Principal and in¬
tow, Clerk of the Board of Finance,
tered
pon
until
and
1953, and $16,000 in 1954.
Principal and interest (J-J) pay¬
Aug.
for the purchase of
$285,000 not
to exceed 5%
bids
on
1949 coupon or registered bonds.
Dated July 1, 1949. Denomination
$1,000, one for $500.
Due on
July 1, as follows: $20,500 in 1950;.
$22,000.in 1951;; $23,000 in 1952.
(P. O. 478 Helendale Road,
York
terest
Sale—The
Trust
Pater son,
p.
District Clerk, will receive sealed
bids until 2 p.m. (DST) on
11
Y.
Aug. 10 for the pur¬
chase of $104,500 not to exceed
5% interest general improvement,
Jrondequoit), New
der to
bid, payable to the Board
Education, is required.
sealed
(DST)
multiple of
Bond Offering—Elmer
Park, N.
•
A certified check for 2%
out cost.
the
of
receive
■Jrondequoit Union Free Sch. Dist.
1
County,
Offering—Harry A.
Schroeder, Village Treasurer, will
White & Co., Inc., Tripp & Co. and
Sherwood & Co., jointly, for 1.90s,
at a price of 100:30.
No.
ex¬
a multiple of J/4 or 1/10
The approving opihion of
New Hyde
(P. O. Lake
170,
man,
The approving opinion
Carson, of Camden, will
be furnished to the purchaser. A
for
1
to
interest,
Bond
'
—
ceive
Inclusive.
check
Luzerne.
were
awarded to Geo. B.
Gibbons & Co., Inc., and Chas, E.
Weigold
&
Co., both of New
York, jointly, as 1.90s, at a price
well, Marshall, Trimble & Mit¬
chell, of New York City, will be
furnished to the purchaser with¬
of Walter
certified
Edinburg,
No.
Luzerne), N. Y.
interest, expressed in
Amsterdam, New York
L.
Day,
Dist.
Bidders
of
for $46,500, payable to the
is required.
Bond Sale—The
$360,000 school
bonds offered Aug. 2—v.
The
N. J.
Offering—Marion
A
name
Moorestown Twp. Sch. Diet. (P.O.
Moorestown),
Sch.
rate
Reed, Hoyt & Washburn, of Neyy
York City, will be furnished to
the purchaser.
A certified check
to
cost.
office.
the
of 1%.
Warrensburg and Caldwell Central
ter.
from 1950 to 1958 inclusive. Prin¬
im¬
$560,000
furnished
inclusive.
pressed in
District, is required.
Hadley,
water coupon or registered bonds.
.
77
to the
p.m. (DST)
Aug. 10 for the purchase of
$36,000 not to exceed 6% interest
on
.
be
without
Treasurer's
name
certified check for $1,520, payable
of
on
1949.
interest,
a
will
1958
to
Sept. 1, 1949. Denomina¬
tion $1,000. Principal and interest
(M-S)' payable
at
the
County
p.nr
1949.
Due
1951
8
registered
or
Aug.
fropi 1950 to 1956 inclusive; $35.-
1949.
Hamilton
the
(P. O.Trenton),
County
New
000
of
2.
3, 1950.
City,
$50,000
Dated
of 100.37, a basis of about 1.86%.
Dated July 1, 1949. Due on
July 1
(DST) on Aug/
from 1950 to .1969 inclusive/ The
16 for the purchase of $300,000 not
to exceed 6% interest school cou¬ second highest bidder was J. G.
until
and interest
ceed 6% interest coupon or
Dec. 15
from 1962 to 1965 inclusive.
as
Bond Offering—Charles
Bond Offering—Howard L. Bris-
1953 and 1954.
1,155,000
Sept.
March
'
r;
District,
Jersey
in
purchaser
445
Plainfield School
the rate of
name
1951
Bid¬
District Clerk, will receive sealed
bids
New
York
1,
1, 1967.
New
premium of $12..
Dated
&
Co., of Philadelphia,
Raffensperger, Hughes & Co.. of
Indianapolis, F. S. Yantis & Co.,
of
Chicago, Buckley Securities
Corp., of Philadelphia,- Lee W.
Carroll & Co., of Newark, R. H.
Oct.
.
.
Robert Hawkins &
Oct.
Dated
1959 inclusive.
and
400,000 road, Series A bonds; Due
March 1, as follows:
$40,000
in
1950, and $45,000 from
multiple of % or
1%.
Principal and in¬
terest (J-J) payable at the Ma¬
rine Trust Co., of
Buffalo, Depew.
The approving opinion of Haw¬
kins, Delafield & Wood, of New
Homer
to
1, 1949.
; Due
on
l/10th of
the
■
of
land, Van Deventer Brothers &
Co., Inc., of Newark* J„G. White
& Co., Inc*:
Mackey, Dunn & Co.,
both of New York, Paul H. Davis
& Co., Dempsey & Co., McDougal
& Condon, all of Chicago, Mil-'
waukee Co., of Milwaukee, Walter
Stokes
&
Co., of Philadelphia,
awarded
2.68%.
Due
South
$6,041,000 57th
2 were
Bank,
ders to
pay¬
Hutzler,
bids for, payable to the Custodian
of New York, jointly, at 0.85%
of School Moneys, is required.
1 interest, plus a premium of
v;v:
$16.83.
y;
Wanaque, New Jersey
1,000,000 purchased by Tripp &
Bond
Offering—Joseph Beam,
Co., and Sherwood & Co.,
Borough Treasurer, will receive
jointly, at 0.83% interest, plus sealed bids until 8:30
•
Philadelphia, C. F. Childs & Co.,
Laird & Co., Andrews &
Wells,
Inc., Gordon Graves & Co., Wood,
Gundy & Co., all of New York,
Hayden, Miller. & Co., of Cleve¬
$24,640,
1953
expressed
Co., of New York, as
price of 100.20, a basis
a
about
1949.
and Salomon Bros. &
Allen &
Co., Hayden, Stone & Co.,
Roosevelt & Cross, all of New
York, Harris, Hall & Co., Tripp &
Co., F. S. Smithers & Co., both of
for
A
payable at the
2,000,000 purchased by the Chase
First National Bank, South PlainNational Bank, of New York,
field.
Bidders to name the rate
and Salomon Bros. & Hutzler,
of interest, expressed in a mul¬
of New York, jointly, at 0.84%
tiple of 1/20 of 1%. The approv¬
interest, plus a premium of
ing opinion of Reed, Hoyt & Wash¬
$22.
burn, of New York City, will be
1,041,000 purchased by the Chase
National
sewer
of
mium of $10.
Due Oct. 26, 1949.
purchaser.
City, is required. /
were
—
2.70s, at
Bank, New
Salomon Bros. &
and
or
July
from
inclusive, and $8,000
1954 to
inclusive,
57
from 1965 to 1969 inclusive.
" $1,000.
follows: < $7,000
as
O'Connell &
Hutzler, of New York, jointly,
at 0.83% interest, plus a pre¬
Dated July
—
A
National
York,
-v-
Bank, of Bos¬
Bergen County Sewer Authority
(P. O. Hackensack), N. J.
Bond
Sale
The $11,800,000
350
;/
by
ex¬
Vs
1,
1950 to
—
Borough
purchased
Chase
Hampshire (S'.ate of)
$2,500,000 notes
offered July 26 were awarded to
First National
the
of
Piscataway Twp. Sch. Dis\ (P. O.
New Market), N. J.
Bond Sale
The $10,000 school
bonds offered Aug. 1—v. 170, p.
Series notes offered Aug.
awarded as follows:
New
the
to
the
check
able to the
the
of
to
.
Note
Note Sale—The
ton, at 0.72% interest.
payable
cost.
2%
interest,
multiple
a
The approving opin¬
Hawkins,
Delafield.' &
of
certified
Jersey City Housing Authority,
New Jersey
Denomination
v
for
Treasurer, is required.
to
National
Boston,
check
of
rate
in
Wood, of New York City, will be
of
purchaser without
certified
,
opinion
the
dated
are
1964
p.
follows:
as
Denomination
from
furnished
in¬
of
Caldwell,
Marshall, Trimble & Mitchell, of
New York City, will be furnished
clusive.
NEW
rate
&
1/20 of 1%.
terest, expressed in a multiple of
y8 or 1/20 of 1%.
Principal and
interest
(F-A)
payable
at the
Borough Treasurer's office.
The
1953,
1959
the
name
Bank
July
ion
1950
to
payable at the First
National
described
Bonds
.
Trust
pressed
Bidders
Bank,
153—are
;
(541)
previously noted in—v. 170,
as
Co., Paterson, or, at the option of
holder, at the Bankers Trust
Co., New York City.
Bidders to
to 1954 inclusive, and
$1,500 from 1955 to 1964 inclusive.
State
inclusive; $27,-
the
cou¬
the
Plattsmouth
interest
and
Paterson
Aug. 15, 1949. Denomination $500.
Due on Aug. 15, as follows: $1,000
from
CHRONICLE
1967,
Dated
County Sch.
Dist. No.
1
O. Plattsmouth), Neb.
Sale Details—The $30,000
athletic field bonds purchased by
(P.
Bond
FINANCIAL
1957 to 1966
in
name
bonds.
&
and $20,000 in 1968.
Denomination $1,000., Principal
•
$8,100, payable
City Clerk, is required.
"
,
000
price of 100.27.
a
Highlands, New Jersey
Bond Offering—John P. Adair,
City Treasurer, will receive sealed
bids until 8 p.m. (DST) on
Aug. 9
for the purchase of
$20,000 not
A
certified check for
to the
from
Boland, Saffin &
was
Co.,. for 3.40s, at
years
issue
bidder
est
COMMERCIAL
as
$45,000 from 1950 to
Dec.
1959 inclusive.
1.80s, at a
1
from
1950
The second
to
highest
E. Weinig Co., for
price of 100.07.
bidder wak C.
58
/.J////
(542)
Co.,
Inc.,
both
and
of
New
1.40s, at
bonds.
to
1950
March
Due
from
1
inclusive.
1953
10,000 water system bonds.
March
1 from 1950 to
March
Sept. 15, 1949. Denominations $1,000 and $500.
Due on Sept. 15, as
eigh, until 11 a.m. (EST) on Aug.
j, for the purchase of $90,000 not
.0
exceed
6%
interest
school
terest, expressed in a multiple of
inclusive;
bonds.
Dated
iept. 1, 1949. Denomination $1,J00.
Due
March
1, as follows:
£3,000 from 1951 to 1964 inclusive;
£4,000 from 1965 to 1971 inclusive,
and $5,000 in 1972 to 1975 inclu¬
sive. Principal and interest (M-S)
payable in New York City. Bid¬
School
ders to name the rate of
the First National Bank, of
1954
ouilding
of Glens
Falls, as l3/4s, at a price of 100.2,
a basis of
about 1.74%.
Rome, N. Y.
'
■//
$222,000 public
and due July
15,
office
the
at
in
Ra-
coupon
15
July
exceed
Easter-
interest,
bonds.
of
sold
was
and
Sale
Bond
60,000
Authority, N. Y.
;
Note Sale
The $107,000 10th
Series notes offered Aug. 2 were
awarded to the Bessemer Trust
—
100.38, a basis of 1.68%. Dated
Aug. 1, 1949.
Due Dec. 1 from
1950.
highest bidder
1950 to 1959 inclusive.
was
The second
J. A. White &
Co., for l%s, at a price of 100.13.
NORTH CAROLINA
Charlotte, N. C.
bond
Sale—The $1,710,000
Note
anticipation coupon notes offered
2 —v. 170, p.
awarded to the Branch
Aug.
446 —were
Banking &
;
Co., of Wilson, at 6%, plus
Trust
premium of $46,427.36, as fol¬
a
Manor
(P. O. Elmwood
Place), Ohio
Golf
(
lows:
Dated Aug.
lows:
1, 1949. Denomination
Due on Dec. 1, as fol¬
$4,000 in 1950; $5,000 in
$565,000 water notes.
1951; $4,000 in 1952; $5,000 in
500,000 sanitary sewer notes.
495,000 recreational facilities 1953; $4,000 in 1954; $5,000 in
$4,000 in 1956; $5,000 in
notes.
V '/- •; V/
y/r 1955;
1957; $4,000 in 1958; $5,000 in
Dated Aug. 15, 1949. Due Feb.
1959; $4,000 in 1960; $5,000 in
150,000 fire alarm system notes.
1961; $4,000 in 1962; $5,000 in
15, 1950. The second highest bidd e r
was
Interstate
Securities 1963; $4,000 in 1964; $5,000 in
1965; $4,000 in 1966; $5,000 in
Corp., Durham, at 0.68% interest.
1967; $4,000 in 1968, and $5,000 in
1969. Bidders to name the rate of
Fayetteville Housing Authority,
/ North Carolina
interest, expressed in a multiple
Note Sale
The $320,000 8th of V\ of 1%. The approving opin¬
ion of Peck, Shaffer & Williams,
Series notes offered Aug. 2 were
awarded to the Bessemer Trust of Cincinnati, will be furnished to
the purchaser without cost. A cer¬
Co., of Jersey City, at 0.82% in¬
.
March
3, 1950.
Moore sville,
*
'
!
North Carolina
Bond Offering
—
W.
f r
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh;
Note '
Offering
—
Brandon
Dated Aug. 1, 1949.
Malheur County
Hutchin¬
Due
Aug. 1
on
Hodges, State Treasurer, will
ceive
sealed
bids
until
10
re¬
trust
company
in
New
York
City,-as may be specified by the
..purchaser in his bid. The approv¬
ing opinion of Reed, Hoyt &
Sch. Dist. No. 10
from ?
A
1949.
De¬
certified
Due $1,000 on
bonds,
cer¬
$4,210, pay¬
able to the County Treasurer,
is required.
will receive sealed
2
1969
6%,
interest
school
Dated
bonds.
July 15, 1949, Due
$2,000' on Jan. 15 from 1951 to
1966 inclusive.
Principal and in¬
terest
(J-J) payable at the County
Treasurer's office; or at the fiscal
agency
City,
of the State, in New York
the
at
These bonds
chaser.
at
ized
option
an
election
of the
were
held
pur¬
author¬
on
Feb.
The
approving opinion of
Charles W. Swan, of Vale, will be
furnished
to
the
purchaser.
A
15.
certified
check
for
is
$3,200
The
inclusive;'
school
bonds
that
the> County*
at
(J-J)/ payable
Treasurer's office; or at the fiscal
agency
City,
of the State in New York
of the
option
the
at
chaser.
Bidders to furnish
fied <• check fdr
pur¬
certi¬
$1,000, payable to
the District.
■
-
Bonds
not
to
bonds
Sold—The
Not
4%
exceed
offered July
154—were
$472,000
interest school
16—v. 170,
p.
not
are
were
sold, as all bids
rejected. The bonds
being reoffered^qn
/>;
School District No. 34
(P. O. Route 1, Sheridan), Oregon
Bond Offering—Lucille
Herber,
]
Pennsylvania -//'
Sale Details—The $40,000
general
obligation
bonds
pur¬
/ Bond
1959 inclusive.
$26,000 general
July 29
awarded to S. K. Cunning¬
bonds offered
July 1 from 1950 to 1964 inclusive.
Principal and interest (J-J) pay¬
able
at the
County Treasurer's
office.
A certified check for 5%
101.18.
the
of the amount of the bid.
Series notes
pense.
own
ex¬
July 1,
nomination $1,000.
to the
1949.
De¬
Due $1,000
District, is required.
on
payable
the School
District, is required.
Scranton Housing
—
^
Authority, Pa.
The
$535,000 lOth
Series notes offered Aug/2 were
awarded
to
the
Provident/Trust
Co;, of Philadelphia,-at 0.84% in¬
Co., of Pittsburgh, gs 2V4S,
at a price of 100.14.
The', second
highest bidder was Fauset; Steele
&
Co., for 23/4s, at\a price of
Erie
Note
'
_
'
'
■/
(
;
Housing Authority Pa.
Sale—The
awarded
to
$1,172,000 11th
Aug. \2 were
offered
the
Central
National
2%s, at
Bond Sale—The
exceed
Dated
Vi of 1 %.
The -apr
proving ~ opinion*/ of -Burgwin,
Churchill, * Ruffin & Hazlett,of
Pittsburgh,- will be furnished to
the purchaser free of charge.- A
.certified check for $300, payable
to the order of the Treasurer of
multiple of
the
Baden, Pa.
to
bonds.
Oct. 1 from 1950 to 1954
on
inclusive; / Bidders to name the
of interest,,'expressed fn a
terest, ; plus / a premium of $12.
Dated Sept. 2,, 1949. Due on Nov.
Steele & Co., of
T, 1950.; Pittsburgh, as 2%s, at a price of
100.59,'- as previously noted
in ; V ,r' Topton, Pennsylvania i// '
v.
170, p. 54, were sold in the 7 Bond Sale — The $13,000 im¬
denomination of $1,000; and ma¬
provement bonds offered July 28
ture $4,000 on July 1 from 1950 to —v.
170, p. 255—were awarded to
obligation
(DST) on Aug. 8
of $15,000 not
6%
interest
school
$3,000
rate
chased by Fauset,
District Clerk, will receive sealed
purchase
Hopf,
bonds..; Dated; Oct.
coupon
/ Note Sale
'
PENNSYLVANIAAllen port,
(P. O. Gresham), Ore.
,
S.
1, 1949. Denomination $1,000. Due
1, 1955, are sub¬
ject to call, and redemption in
numerical1 order upon said date or
upon any interest payment date,
thereafter. Principal and interest;
quired.
.
Offering—Ester
Bond
mature after Jan.
re¬
Multnomah County Sch. Dist. No. 4
Pennsylvania ^
'//y/V
ham &
1949.
his
/
•
Dated
were
at
/
District - Secretary,
will receive
Aug.,..l, 1949. De¬ sealed bids until 3 p.m. (DST) on
nomination $1,000/ Due Jan. 1, as Aug; 9 for the purchase of $15,000
bonds.
the
purchaser
the
of
District
(P. O. West View, Pittsburgh 29),
p.m.
bids until 8 p.m.
1,
2%
the
to
■
will receive sealed
(PST) on Aug.
15. for the purchase of $30,000 not
to
exceed
4%
interest
school
until
for
Oct.
for
Houston, Pa.
District Clerk,
Principal
and interest (A-O) payable at the
County Treasurer's office. Bid¬
ders to name the rate of interest,
expressed in a multiple of V4 of
1%.
The approving opinion of
Squire, Sanders & Dempsey, of
Cleveland, will be furnished to
Dated
check
payable
Treasurer, is required.
follows: $1,000 from 1951 to 1958
(PST); on Aug. ;
inclusive, and $2 000 from 1959 to
purchase of $32 000 not
exceed
to
for
check
approving opinion of
Elliott & Munson, of
Philadelphia, will be : delivered
free of charge to the purchaser. A
Townsepd,
bids until 8 p.m.
Polk County
tified
a.m.
(EST) on Aug. 9 for the purchase
of $7,500,000 not to exceed 4% in¬
terest state ports bond anticipa¬
tion notes.
Dated Aug. 17, 1949.
Due Feb. 17, 1950. Principal and
interest payable at the office of
the State Treasurer or, at the op¬
tion. of the holder, at such bank
or
District Clerk,
clusive,
1971 to 1974 inclusive.
1,
July
-V'
bids
Offering—Anna J. Miles,
received
$16,000
Dated
The
1%.
Aug.
able at the United States National
(P- O. Jamieson), Ore.
/
Bond
15 for the
and
on
July 1 from 1950 to 1969 inclusive.
Pringipaland interest (J-J) pay¬
1950 to 1958 inclusive.
from
Due on
Oct, 1, as follows:
$17,000 from 1950 to 1970 in¬
P.
(PST)
p:m.
.
""
*
funding coupon bonds. Dated
Sept. 1, 1949.
Denomination $1,000. Due on Sept. 1, as follows:
'
*
of)
000
x
-
North Carolina (State
(DST) on
Aug. 16 for the purchase of $22,-
—
son,
is required.
receive
will
I
Clerk of the Board of County
Commissioners, will receive sealed
until" 11 a.m. (EST)
on Aug. 9, bids until 11 a.m. (EST) on Aug.
for the purchase of $245,000 not 22 for the purchase of $584,500 not
to exceed 6% interest water cou¬ to exceed 4 %'. interest bonds, di¬
pon bonds.
Dated Sept. 1, 1949. vided as follows: Denomination $1,000. -Due1 March)
$163;500 sanitary sewer and water
1, as follows: $5,000 from. 19521 to
; line, Spec. Assmt. bonds. De1969 inclusive; $11,000 in
1970,
nomination'$1,000, except one
and $12,000 from 1971 to 1982 in¬
for; $500. Due oh Oct. 1, as
clusive.*
Principal and * interest
;
follows: $8,500 in 1950; $9,000
:
(M-S) payable in New York City.
from 1951 to 1953 inclusive,
Bidders to name the rate of inter¬
and $8,000 from 1954 to 1969
est, expressed in a multiple of V4
inclusive.;
A certified check
of 1%. The approving opinion of
for
$1,635, payable to the
Mitchell & Pershing, of New York
County Treasurer, is required.
City, wilFbe furnished to the pur¬
421,000 trunk or main line storm
chaser.
A certified cneck for
^-and sanitary sewer, Series D
$4,900, payable to the State Treas¬
bonds. Denomination
$1,000,
urer,
2
j'
of the bonds
Offering—-C. F.
Directors,
sealed bids until 8 p.m.
—
(P. O. Cincinnati), Ohio
v'..
Bond
School
Bank, Portland.
The approving
Bond Sale—The $20,000 borough
opinion of John W. 1 Shuler, of
bonds offered Aug. 2—v. 170, p.
bids until 7:30 p.m.
(PST) on Portland, will be furnished to the 447
were
awarded to R. C.
Aug. 23 for the purchase of $15,- purchaser. A certified check for Schmertz &
Co., of Pittsburgh, as
$750, ^payable to the District, is
000
water
4%
system bonds.
2s, at a price of 100.25. The sec¬
Dated July 1, 1949.
Due $1,500 required.
'
~
:
•'.*
ond highest bidder was the First
on
July 1 from 1951 to 1960 in¬
Washington County Sch. Dist. No. National Bank, of Houston, for
clusive.
The City shall have the
58 (P. O. Route 2, Hillsboro),
2s, at a price of 100.05.
option on July 1, 1955 or any in¬
Oregon
terest paying date thereafter, to
Lansdale, Pa.
1 Bond Sale—The $85,000 school
call or redeem any or all bonds
Bond Sale—The $160,000 elec^
bonds
offered
July
29
were
then
outstanding in
numerical
trie plant equipment bonds of¬
awarded
to
the First Security
order prior to the maturity date
fered Aug. 1—v. 170, p. 351—were
Bank/'bf Beaverton, on a bid re¬
or
dates thereon indicated. Prin¬
awarded to the Philadelphia Na¬
flecting a net interest cost of
cipal and interest (J-J) payable
tional Bank, of Philadelphia, as
about 2.63%.
The second highest
at the office of the City Treasurer.
IV2S, at a price of 100.83, a basis
bidder was Blyth & Co., on a bid
The approving opinion of Winof about 1.35%.
Datetf Aug. 1,
reflecting a net interest cost of
free, McCulloch, Shuler & Sayre,
1949.
Due on Aug. 1 from 1950 to
about 2.68%.
Of Portland, will be furnished to
1960 inclusive.
The second high¬
Washington County School District est bidder was
the purchaser. A certified check
Schmidt, Poole &
)No. 60 (P. O. Route 3, Box 663,
for 5% of the amount of bonds is
Co., for IV2S, at a price of 100.74.
|
Beaverton), Oregon
required.
..7 Mt.
Carmel, Pa.,
'[
Bonds Sold—An issue of $7,000
Lane County School District No.
Bond Sale—The issue of .$13,000
school bonds has been
sold
as
93 (P. O. Dorena), Oregon
bonds offered Aug. 2—v. 170, p.
2,1/2 s, at a price of par.
Bond Sale—The $18,000 school
447—was awarded
to James A.'
Wheeler County, County High
bonds offered July 22—v. 170; p.
Leavens, Inc., of Shamokin, as
254
were awarded to Blyth &
School District (P. O. Fossil);
3V8S, at a price of pan r * Oregon
"
Co., of Portland, as 3V4S, at a price
,
Ross Township School District •
of 100.37, a basis of about 3.16%.
Bond Offering—Dee A. McLin.
Hamilton :County
;
O.
Bond Offering — Patrick J:
Boyle, Secretary of the Board of
purchase of $20,000 not
exceed
5%
interest
water
nomination $1,000.
Empire, Ore.
,,, ,
Bond Offering—Ada L. Holden,
City Recorder, will receive sealed
bid for, payable to the Village, is
required.
<
E. Easter-
until
bonds.
OREGON
—
tified check for 1%
'
/
(P.
Twp. Sch.
Dist.
Hazleton), Pa.
'
to '
Due on June 15
•
terest, plus a premium of $16.
Datedv Sept.
2,
1949.
Due on
Hazle
,
Bond Offering—Dorothy Stubbs,
Village Clerk, will receive sealed
bids until noon (EST) on Aug. 18
for the purchase of $90,000 sewer
:mprovement,
Series B
bonds.
$1,000.
1962 inclusive.
to
17 for the
from 1957 to 1960 inclusive.
interest,
plus a premium of $7.
Dated
Sept. 2, 1949.
Due on Oct. 11,
Fau¬
set, Steele & Co., of Pittsburgh, as
previously noted in v. 170, p. 54—
were
sold as 2%s, as a price of
100.21, a basis of about 2.22%, and
mature $2,000 on Jan. 1 from 1951
approving
bids
from 1953 to 1956 inclusive./
Co., Jersey City, at 0.83%
$24,000
purchased, by
.
June 15
on
bonds
$4,000 from 1950 to 1952 inclusive;
Tigard Water Dist., Ore. //,./ and $5,000 in 1953 and 1954. Bid¬
Bond Offering — The Board of ders to name the rate of interest,
Corrpnissioners will receive sealed expressed in a multiple of Vs of
..
Due on June 15
IV2S.
as
55,000 as l3/4s.
$22,008.27
street
improvement, special as¬
sessment, bonds offered Aug. 3—
v.
170, pi 351—were awarded to
the
First
Cleveland
Corp.,
of
Cleveland, as l%s, at a price of
Tuckahoe Housing
basis
follows:
The
—
a
p.
as 2i/4s.
Due
in 1951 and 1952.
/
Cheviot, Ohio
high
v.
$30,000
OHIO
bid of 100.15 for IV4S
made by C. J. Devine & Co.,
Roosevelt & Cross, jointly.
as
Chic¬
Sale Details—The
Bond
school
Dated
opinion of Winfree, McCulloch, Shuler & Sayre,
of Portland, will be furnished to
the purchaser.
A certified check
for;$l,200 is required.
/
as" previously
2470—were
1.72%,
169,
in
noted
1950 to 1959 inclusive. Sec¬
ond
The
The $145,-
price of 100.02,
about
of
~
payable at the Portland
Trust & Savings Bank, Portland.
building bonds purchased by
a
bonds.
(M-S)
Chickasha School District, Okla.
000
Pittsburgh), Pa.
to 1956
1957 to
1966 in¬
to 1970
inclusive; $3,500 from 1971 to
1974 inclusive; $4,000 in 1975 and
1976; $4,000 in 1977, and $5,000 in
1978.
Principal
and
interest
OKLAHOMA
—
drainage
(P. O.
Tree School District
Green
a.m.
1951
$2,000 from
1961; $2,500 from 1962 to
clusive; $3,000 from 1967
cipal and interest (J-D) payable
at the Andover Bank,
Andover.
Bond Sale Details
10
follows: $1,500 from
is required. Prin¬
Board,
until
.bids
on
re¬
on
interest
of 1%.
A certified check for
of the bonds, payable to the
1/4
1%
Supervisors, will
sealed
(PST)
nomination
of kasha, at
Reed, Hoyt & Washburn, of New
fork City, will be furnished to
the purchaser.
A certified check
for $1,800, payable to the State
Treasurer, is required.
York, as 1.20s, at a price of 100.02,
a
basis of about 1.196%.
Dated
from
E.
ixpressed in a multiple of
1%.
The approving opinion
improvement bonds offered Aug.
4—v. 170, p. 416—were awarded
to F. S. Smithers & Co., of New
1949,
bids
;ealed
system bonds offered July 29 were
awarded to the Glens Falls Na¬
'V
of
Secretary-Treasurer
$1,000. Due $1,000 on
Dec. 1 from 1950 to 1964 inclusive.
Bidders to name the rate of in¬
Offering—W.
ceive
York,
interest, plus a premium1
Dated Sept. 2, 1949.
Due
March 3, 1950.
of $14.
Aug. 29 for the pur¬
chase of $75,000 not to exceed 6%
District,
ing, Secretary of the Local Gov¬
ernment Commission, will receive
Queensbury, North Glens Falls
Water Dist., N. Y.
Bond Sale —The $95,000 water
Bond Sale—The
Offerin g—Fred J.
the Board of
& Trust Co;, of New
at 0.82%
purchase of $15,000 not to
6% interest improvement
Dated Aug. 1, 1949.
De¬
School
Pines
North Carolina
1, 1949.
tional Bank & Trust Co.,
O.
for the
Bond
Due
Bank
Ore.
4),
Robitsch,
Southern
inclusive.
Dated
(P.
Dist.
Drain,
Portland
Bond
..Monday,-August 8. 1949
...
Closkey, Clerk of the Board of
Education,
will
receive sealed
bids until 8 p.m. (EST) on Aug. 8
1.33%, as follows:
improvement
$18,750, pay¬
is re¬
quired.
Sherwood & Co.,
York, jointly, as
general
$53,000
for
able to the State Treasurer,
price of 100.14, a basis
a
of about
check
certified
29—v. 170, p. 350—
to J. G. White &
awarded
were
Sauvie Island
Wayne Local School District
(P. O. Williamsheld), Ohio
Bond
Offering — Laura Mc-
Washburn, of New York City, will
be furnished to the purchaser. A
Pleasantville, New York
Sale—The $03,000 bonds
Bond
offered July
THE COMMERCIAL & FINANCIAL CHRONICLE,-;.
Hanover
about
of
of Topton, as
2.31%//Dated
Due
1949.
Bank
price of 101.16, a-basis
a
Aug.;
1962 inclusive.
/
/;
r
;
;
/
Warrington Twp. Sch. Dist. (P.
Chalfont, R. D.), Pa. /
,
•
Bond
000
Sale
building
1,
Aug. 1 from 1950 to
on
Details—The
and-
.
O.
"» ;
$113,-
improvement
by Woodcock,
Hess & Co., of Philadelphia, as
previously noted in v. 170, p. 255,
were
sold as 2s, at a price of
bonds/ purchased
100.14,
a
basis of about 1.98%.
THE
Number 4827
volume 170
Sale
Note
Series
notes
avarded
to
able
The $751,000 9th
—
U.--LZ
Puerto Rico
*N©ie Sale—The $2,002,000 16th
to
warded
•>
the
Trust
Bessemer
City, at 0.84% in-
of Jersey
plus a premium of $44.
dated Sept; 2, 1949. Due on Nov.
erest,
), 1950.
"
•
B
-
-
ISLAND
RHODE
Note
bidder
notes
awarded
to
3ank, and Salomon Bros. & Hutzier, both of New York, jointly, at
1.85 % interest, plus a premium of
M5-62.
Dated Sept. 2, 1949., Due
'm March 3,1950.
;
for
Ss.^
p/i;
Offering—John R. Holla-
Bond
Judge, will receive
sealed bids until 10 a.m. (CST) on
Aug. 19 for the purchase of $50,000
jail bonds.
Dated July 1,
1949.
Due $5,000 on July 1 from
Woonsocket Housing Authority,
1951 to 1960 including. All bonds
B/"
Rhode Island
V
maturing July 1, 1956, and there¬
Note Sale—The $1,309,000 15th
after shall be subject to redemp¬
„
County
day,
.
.
■
Series notes offered Aug. 2 were
awarded
the
to
National
Chase
Bank, and Salomon Bros. & Hutzer, both of New York, jointly, at
0.85% interest, plus a premium of
•20.94.
Dated Sept. 2, 1949.
Due
>n March 3, 1950.
> :V
Chester County (P. O.
j
option of the County on July
1, 1954, or on any interest pay¬
ment date thereafter, at the price
of par and accrued.■. interest to
date of redemption, plus a pre¬
the
of
mium
Sale—The
Bond
bond so
will be
each
for
$20
The legal opinion
furnished without cost to the pur¬
Chester),
South Carolina
;
'
at
tion in inverse numerical order
called.
SOUTH CAROLINA
0
$125,000
—
000 is
gen¬
required.
<-
Sale
Bond
as
for
not to
I.
Due
L.
Pitts,
receive
will
11
1950 to
the
exceed 4V2%
1958
Crawford & Co., of Co-
H.
by M. A.
$75,000 im¬
offered Aug. 2
were awarded to Hatcher &
Co.,
and the Texas Bank & Trust Co.,
both of Dallas, jointly.
Equit¬
the Fi¬
Co.
Ox
bid re
cost o.
1968
in
order at
lows:
inverse
104
at
for
each
bond
each
bond
redeemed
Details-^The $50,000
Saunder§.*& Co., Memphis,
Brownsville Housing
Note
2
170, p. 255—were awarded to the
Equitable
Securities
Corp.,
at
2V2s, at a price of 99.52, a basis
of about 2.52%.
Dated July 1,
1949.
Due on July 1, 1968. The
second highest bidder was Mer¬
Bank
&
Trust
Co., St. Louis, Union Planters Na¬
tional Bank, Memphis, and C. H.
Little & Co., jointly for 2V2s, at a
price of 99.00.
and
1951
interest, expressed in a mul¬
tiple of J/4 of 1%.
The approv¬
ing opinion of Charles & Trauer-
as
1954
nicht, of St.
the
1953
to
305,000
Due July
3s.
1
from.
inclusive.
1.60s. Due July 1 from
1970
to
Nov.
Dated Aug. 1, 1949. The second
highest bidder was F. W. Craigie
h
Co.,
$48,000 as l%s, and
2s, at a price of 100.07.
for
$77,000
as
Pickens, S. C.
offered
were
t.B;
Sale—The $100,000 bonds
Band
170,
1—v.
Aug.
351—
p.
3%
bonds
system repair
July 29—v. 17037'351—
awarded to C. H. Little &
were
Jackson, at a. price of
a
basis of abo'uF 2.92%.
Dated July 1, 1949. Due on/March
1 from 1950 to 1960 inclusive. The
of
100.42,
Co.,
bidder
highest
second
Wilson, at a price of
price of 100.29, a
b?rs^ of about 2.38%, as follows:
at
$3COOO
offered
awarded to Courts & Co., of
Atlanta,
tank
water
-4 The
Sale
Sale
No. 6
N.
follows:
school bonds,
2V4S,
due
on
$42,000
; Dec.. 15
from
in
000
1949. The sec¬
15,
highest bidder- was R. S.
Dickson & Co., for $60,000 as 2^s,
arrh $40,000 as 2V2s, at a price of
101.01, a basis of about 2.39%.
School District
(P. O. Columbia), S. C.
1
Bond
County
Offering -—Dr. J. H.
Oibbes, Chairman of the School
Commissioners,
seaied
bids
Aiig.
will
until
17
11
receive
a.m.
(EST)
of
the purchase
for
$1 000,000 not to exceed 4% school
'
Dated
Aug. 1, 1949.
De¬
nomination $1,000.
as
follows:
1953
1953, $22,000 in 1954, $24,1955, $28,000 in 1956, $32,-.
in
-
Richland
000 in
Due on Feb. 1,
$25,000 from 1950 to
inclusive; $30,000 in 1954 and
1955; $40,000 in 1956; $80,000 in
1.957; $70,000 in 1958; $100,000 in
1957, $36,000 in 1958, $40,1959, $43,000 in 1960, $45,-
000 in
000
1961, ^47,000
in
-
,
in
1962,
1963, $51,000 in 1964,
1965, $54,000 in 1966,
1967, $58,000 in 1968,
in 1969*-$63,000 in 1970,
in 1971, and $67,000 in
in
in
in
$49,000
$53,000
$56,000
$61,000
$65,000
All
1972.
Due-July 1,
$16,000 in 1952, $20,-
follows:
2V2S, due on Dec.
as
Aug.
as
000
inclusive
15 from 1962 to 1968 inclusive.
Dated
Denomination $1,000.
and
•1951' to * 1961
bonds.
as
3s.
1950
as
Due
to
3V4S.
1971
on July 1
inclusive.
Due on July
Dated
bonds
due from
1960
1971, shall* be subject to re¬
demption "at the City's option,
to
premium of $40.00
less $2.50 for each year or frac¬
tion thereof from July 1, 1959 to
the date of redemption. All of the
a
1972 are subject to re¬
bonds due
1959; $60,000 from 1960 to 1964
inclusive; $50,000 in 1965 and 1966;
$25,000 in 1967; $50,000 in 1968,
and
$75,000
in
1969. Principal
demption
and interest
premium of $25.00 as to each bond
Central
(F-A) payable at the
Hanover
Bank
&
Trust
date
rate
—
Carl Baxter,
electric
terest
after
accrued
interest payment
July 1, 1952, at
interest plus
a
prior to maturity. Any
v/
will
receive
sealed bids until 10:30 a.m. (EST)
on
Aug. 17 for the purchase of
$1,000,000 not to exceed 4% in¬
Recorder,
system
revenue,
Series 1949. bonds.
Dated June 1,
1949.
Denomination $1,000.
Due
122,000 not to exceed 4% in¬
terest, Series D bonds. Dated
Sept. 1, 1949. Due on Sept. 1,
as follows: $5,000 from 1950 to
of
the
bonds,
maturing
to
1960
1972, redeemed prior to maturity,
shall be called in inverse numeri¬
order.
of
Bidders
interest,
to
name
expressed
the
in
a
inclusive, and $27,000 in
1968
'■
1969.
June
B-B
1, as follows: $23,000 in 1950
and 1951, $24,000 in 1952 to 1954,
$25,000 in 1955, $24,000 in 1956
man
and
furnished without cost to the pur¬
1957, $50,000 in 1958, $51,000
in 1959, $52,000 in 1960, $54,000 in
in
in
in
of
1961, $55,000 in 1962, $56,000
1963, $58,000 in 1964, $59,000
1965, $121,000 in 1966, $125,000
1967, and $128,000 in 1968. All
the bonds which
mature
on
certified check for $2r
chaser. A
470 is
required.
awarded
Sale
Bond
—
The $50,000 road
170, p.
Fidelity
bonds offered July 29—v.
255—were awarded to the
Trust Co.,
Bankers
at
2y4s,
as
of Knoxville,
price of
a
basis of about 2.24%.
of
prior to June 1,1957, a premium
$25 if redeemed thereafter and
prior to June 1, 1960, a pre¬
mium of $20 if redeemed there¬
after and on or prior to June 1,
on
or
1963,
and
redeemed
a
premium
thereafter and
100.01,
$468,000 30th
Series
notes,
at
0.84% interest, plus a premium of $5.15.
plus
of
1, 1949. Due on July 1 from 1950
inclusive.
1
B
the
Town
•,
.
<
interest,
mium of
Dated
Due
1949.
2,
on
1950.
Texas
Forney,
disposal
and
has
"
B
Bonds Sold—An issue of
sewage
pre^
a
$19.07.
Sept.
March 3,
Fort Bend County
$60,000
sewer line
been sold.
Drainage Dist-
(P. O. Richmond), Texas
Sold
Bonds
—
An
issue
of
$2,-
170,000 drainage bonds has been
sold to a syndicate composed of
the First Southwest
Co.; First Na¬
both of Dallas, Har¬
ris Trust & Savings Bank, of Chi¬
tional Bank,
cago,
&
jointly,
about
County (P. 0» Maynardsville), Tenn.
Bond
Sale
net interest cost of
a
on
2.14%,
follows:
as
$1,305,000 as 2s. Due Aug. 15 from
inclusive.
2V4s.
as
Due
Postponed—Sale
o"
$100,000 not to exceed 3V2%
interest school bonds, originally
scheduled for Sept. 6, has been
the
15,
Aug.
(P. O. Post), Texas
Garza County
bonds has been
road
000
1949.
in
in
Due
10
20
years.
at a special, election
July 23, ,V«*
authorized
held
on
Gatesville
Independent School 1
school
July
20—v.
house
offered
bonds
352—were awarded to John
Nuveen Jfe Co., of Chicago, and
Russ
&
Co., of San. Antonio,
p.
at a price of 100.08, a
of about 2.94%, as follows:
jointly,
basis
$145,000
1950
as
2%s. Due Aug. 1 from
to
1961
to
inclusive.
Due Aug. 1 from
340,000 as 3s.
1979
inclusive.
issue of $125.-
tion
has been sold to Moss,
Co.,
of
Dallas. These
the elec¬
bonds were authorized at
held
All of said
called for redemp¬
after 10 years. The sec-
ond
Bonds Sold—An
tion
Aug. 1, 1949.
bonds may be
x^Anson, Texas
&
-
District, Texas
"Bond Sale—The $485,000
Dated
Moore
sold as
Dated Aug. ;1,
years; optional
These'bonds were
2y2s, 2%s and 3s.
TEXAS
bonds
15
1949. Legality
approved by Chapman & Cutler)
of Chicago.
'•
Dated
1962
000
Aug.
from 1959 to 1964 inclusive. B
'
B
1958
to
1950
.875,000
170,
Union
Bidders to name the
interest, expressed in a
payable ^ to
Treasurer, is required.
$16,000,
at
Series motes,
0.84%'
prior to
multiple of y4 of 1%. The approv¬
ing opinion of Chapman & Cutler,
of Chicago, will be furnished by
the Town.
A certified check for
National
v
a
to 1954
maturity.,.
rate
Chase
follows:
if postponed.
of $10
$2,202,000
2 were
Bank, and Salomon Bros. & Hutzler, both of New York, jointly, as
Dated July
for
or
the
to
Aug.
Bonds Sold—An issue of $300,*
Sevier County (P. O. Sevierville),
Tennessee
June
redemption plus a premium of
$30 for each, bond so redeemed on
opinion of Chap¬
& Cutler, of Chicago, will be
The approving
,
without cost
purchaser,- A
on any
or
redeemed
cal
the
on
and
par
Co., New York City, or at the
option of the holder, at the County
Treasurer's office.
The approving
opinion
of
Huger
Sinkler,
of
Charleston,
will - be
furnished
to
Offering
Town
The
—
Merrill Lynch, Pierce, FenBeane, of New York, Frid1949. Due on July 1, as fol->- ley & Hess, of Houston, Lyons &
Shafto, of Boston, First National
lows: $5,000 in 1954, and $8;Bank
of
Minneapolis, and the
000 from 1955 to 1964 inclu¬
First National Bank of St. Paul,
sive.
Greeneville, Tenn.
Bond
Sale
offered
notes
ner
Series C bonds. Dated July 1
30 days' published notice on 1, 1955, and thereafter, shall be
July 1, 1959, or mn any interest callable for redemption at the op¬
payment date thereafter, at par. tion of the Town in inverse nu¬
merical order on June 1, 1954, and
and accrued interest plus a pre¬
mium of $40.00 as to each bond thereafter on any interest payment
date prior to maturity at par plus
so redeemed on July 1, 1959, and
thereafter at par aftd accrued in¬ accrued interest to the date fixed
plus
follows:
as
from 1954 to 1961 inclusive.
upon
terest
divided
85,000 not to exceed 4% interest
July 1, 1949.
Housing Authority, Tex.
Note
;
**
Eblen,
$40,000 not to exceed 4% interes
Series B bonds. Dated July 1
1949. Due $5,000 on July 1
1
as
extension bonds
Bond Offering—Elmer L.
from 1972 to 1974 inclusive.
Dyersburg, Tennessee ■»-
-
6u
Tennessee
County Judge, will receive sealed
bids until 10 a.m. (CST) on Aug.
31 for the purchase of $247,000
from
to
3s
3V2s, at a price of par. Dated
July 1, 1949. • Legality approved
by Dumas, " Huguenin & Boothman, of Dallas.
'
B
County (P. O. Kingston),
Series A bonds
170, p. 351—
were
awarded to
the Equitable
Securities Corp.,
at a price of
100.02, a basis of about 3.07%, as
$106,000
sold
of Dallas,
1,734,000 31st
basis of about 1.64%.
f
85,000 water works and sewage
extension
bonds: $43,000 as
,
gas
been
and
inclusive.
phia National Bank, Philadelphia,
for $210,000 as l%s, and $140,OOC
asvl%s,' at a price of 100.002, a
July 28—v.
&
Burt
C.
has
Co.,
bonds
road
July 1, 1949.
The sec¬
ond highest bidder was Philadel¬
Roane
Road District
(P. O. Comanche), Texas'•
Bonds Sold—An issue of $40,000
\
Dated
revenue,
24,000
generalB improvement - Bond Offering—W. B. Bfigham,
$11,000 as 2%s, due on City Recorder, will receive sealed
Dec. 15 from 1951 to 1961 in- bids until 2 p.m. (CST) on Aug.
elusive, and $4,000 as 21&s, 16 for the purchase of $930,000 pot
interest natural gas
due on Dec. 15 from 1962 to to exceed
revenue bonds. Dated July 1,1949.
.1965 inclusive. "
'
No.
The $130,000
system
bonds:
ond'
—
offered
H.
was
lOO.^C
a
$15 000
Bond
1, 1950.
Comanche County
~
Bond
$201,000
Co.,
of'Jersey
City,
at
0.83% interest, plus a premium of
$8.
Dated Sept. 2, 1949.
Due on
Dallas
$350,000 street
improvement bonds offered Aug.
2—v. 170, p. 255—were aware ec
to
King, Quirk & Co., of New
York, at a price of 100.04, a bask
of about 1.64%, as follows:
;
as
The
—
awarded to the Bessemer
were
Nashville, Tenn.
Bond Sale*-The
$45,000
Sale
Trust
$100,000 high¬
bonds offered July 28 — v
cantile-Commerce
Authority,
Seventh Series notes offered Aug.
Tennessee
way
of
T exas
Sale—The
Bond
July 1, 1961 and prior to
July 1, 1966; at 102 for each bond
redeemed on and after July
1,
1966 and prior to July 1, 1971; at
)L01 for each bond redeemed on
and after July 1, 1971 and prior
to July 1, 1976; at par for each
bond redeemed on and after July
to
£
(P. O. Jackson)
County
after
nished
at
The First Nationa
par.
Madison
re¬
on
dated Aug
callable
basis of 2.446%.
on and after July 1, 1957
prior to July 1, 1961; at 103
for
1.
of Memphis, second h.g..
bidder, bid on a net interest cos.
deemed
and
are
are
Co.
of Dallas, Edward T. Volz
of San Antonio, and RauPierce & Co., of San An¬
jointly, as 3y2s, at a price
of par.
Dated May 15, 1949. Le¬
gality approved b.y Dumas, Huguenin & Boothman, of Dallas.
Texas,
& Co.,
scher,
tonio,
Bank
fol¬
as
thereafter
price of
numerical
prices and dates
Aug.
on
$60,000
Central Investment
the
to
Aug. 1 from
1969.
All of the bonds
School
school house bonds has been sold
inclusive.
Due
Independent
Bonds Sold—An issue of
v
1, 1949 and those maturing in 195b
and
1963, $14,000 in 1964 and
1965, $15,000 in 1966, $16,000 in
1967, $17,000 in 1968, $18,000 in
1969, $19,000 in 1970, $20,000 in
1971, $21,000 in 1972, $22,000 in
1973, $23,000 in 1974, $24,000 in
1975, $25,000 in 1976, $26,000 in
1977, and $29,000 in 1978.
Bonds
maturing on and after July 1,
1958, may be redeemed on call at
the option of the County on July
1, 1957, or on any interest date
thereafter
on
The
—
bonds
District, Texas
Aug. 1 from
on
Due
and
Sale
.
Brackettville
inclusive.
1967
to
2y2s.
24,000
in¬
Dated
Louis, will be fur¬
purchaser without
i Jinbia, at a price of par, a basis
on a bid reflecting a net interest
cost. A certified check for $9,000,
of about 1.88%, as follows:
' /
cost of
about 2.48%, as previ¬
payable to the County Trustee, is
$73,000 as l%s.
Due on Aug. 1 ously noted in v/170, p. 447, were
required.
//>;; B/bbB/b Be/-from 1954 to 1959 inclusive.
sold as 2%'s, at a price of 100.18.
52.000 as 2s. B. Due on Aug. 1
Dyer, Tennessee^
Fayetteville, Tennessee
from 1960 to 1963 inclusive.
to G.
Bond
provement
follows:
1957
118,000 2y4s.
(CST)
purchase of
a.m.
of
.
sewer^bonHs purchased
water and
about 2.337%
1, 1976. Bidders to name the rate
Brownsville, Tenn.
.....
eral
obligation bonds offered July
29— v. 170, p. 255—were awarded
A certified :check for $1,-
chaser.
Corp., and
delity-Bankers
Trust
Knoxville, jointly, on a
fleeting a
net interest
re¬
5»
Arlington Indep. Sch. Dist., Texas
to the
awarded
able Securities
the
1962 and
Tennessee
-
National
Chase
the
bonds
O. Camden),
(P.
County
of
July 1,
1949.
Due July
1, as follows:
$8,000 in 1950 and 1951, $9,000 in
1952 and 1953, $10,000 in 1954 to
1956, $11,000 in 1957 to 1959, $12,000 in 1960 and 1961, $13,000 in
Farmers-Mer¬
vTENNESSEE
Benton
16
until
terest school bonds.
14th'
offered Aug. 2 were
Aug.
on
3s^ at a
The second high¬
was
A
cost.
2%
_
Chairman,
bids
$450,000
$16,900
chants Bank, Huron,
Authority,'R. /.
Sale—The $976,000
Series
County
Sioux Falls, as
price of 100.17.
est
Newport Housing
Sale—The
Offering
sealed
Aug.
Co. of
&
for
351—were
$88,000 2V2s.
Bond
1—v. 170, p. 351—
awarded to Fred A. Gefke
were
without
check
Tenn.
$230,000 school
Aug. 2—v. 170, p.
Kingsport,
offered
Tennessee
Custer
the
to
"
Bond
bonds
Dyer County (P. O. Dyersburg),
Wolsey, S. Dak.
offered
r.
(543)
Bond Sale—The
quired.
wood, for 4s, and 3s.
Aug. 2 were
notes offered
i cries
Dak.
County Bank, of-Custer, at a price
of par.
The second highest bid¬
der was Piper, Jaflray kt Hop-
Housing Authority,
Rico
Puerto
CHRONICLE
$75,000
Sale—The
awarded 1
purchaser
bonds, payable to the City, is
3%
building and improvement bonds
offered July 28—v. 170, p. 255—
8
FINANCIAL
Chicago, will be furnished to
certified
District, S.
School
Bond
were
RICO
PUERTO
of
SOUTH DAKOTA
Custer
&
multiple of % of 1%. The approv¬
ing opinion of Chapman & Cutler,
pay¬
the
offered Aug. 2 were
the Provident Trust
1950.
$20,000,
for
County Treasurer, is
the
to
required.
X of Philadelphia, at 0.82% in■erest, plus a premium of $12.
lated
Sept.
2,
1949. Due on
larch 3,
check
certified
Washington County Housing
Authority, Pa.
COMMERCIAL
on
May 7*m
on
or
highest bidder was Dittmar &
Co., and Associates, on a bid ren'
net
interest
cost
of
about 3.00%.
-nijJ
••
.
>
B
•
•
-
-L
.
60
"*
(544)
THE
Hemphill County
dian)
mined after the construction
Cana¬
(P. O.
Texas
,
COMMERCIAL
tracts
Bonds Sold—An issue of $55,000
bonds has been sold to the Central
Investment Co. of Texas, of Dal¬
on
'-A;; /'/'• Texas
Marble
las,
2V4s and 3y2s, at
par, as follows:
as
$30,000 hospital bonds.
•25,000 road bonas.
}/
Dated
x
June
approved
&
by
Boothman,
price of
a
ri?'-..i.'yV ;
;
15, 1949. Legality
Dumas, Hugutvnin
of
Dallas.
with
The
the
of
the
1Hondo
house
Aug.
3
to the Co¬
Corp. of Texas
awarded
was
lumbian Securities
of San Antonio.
The
1949.
bonds
Due
$3,000
Sept.
in
dated
1950,
Sept.
1,
1, as follows:
$2,000 in 1951,
$3,000 in
1952 to 1954, $4,000 in
1955
and
1956, $5,000 in 1957,
$4,000 in 1958 and 1959, $5,000 in
1960,
1962,
$6,000 in 1961,; $8,000 in
$9,000
in :1963 - to
1965,
$10,000 in 1936 to 1968, $11,000 in
1969
to
1971,
$12,000
in
1972
and 1973, $13,000 in 1974 to 1976,
$14,000 in
1977 and; 1978, and
$15,000 in 1979. The bonds are to
be callable
on
from date.
Principal and interest
payable
the
at
after 15 years
and
Mercantile
Na¬
tional Bank, Dallas. Legality ap¬
proved by Gibson & Gibson, of
Austin.
!'''/
(P. O.
ville), Texas
County
'
Bond
Sale—The
Green*
tains
the
on
follows:
as
$220,000
as
77/7;;/®;
3s.- Due March 1 from
:
1950 to 1954 inclusive.
*
590,000"
V
•,
2 3A s.
as
Due
March
1
from 1955 to 1964 inclusive.
Sabinal
issue
the
Bonds Sold—An issue of $75,000
Sept.
1,
1949.
Legality
approved by Dumas, Huguenin 8c
Boothman, of Dallas.
//
>
Lamar County (P. O. Paris), Tex.
Bond Sale Details—The $573,000
road bonds sold to John Nuveen
&
Co., of Chicago, and Associates,
previously noted in—v. 169, p.
as
2804—are described
Bonds
are
dated
as
follows:
June
Denomination $1,000. Due
1,
r
June
are
man,
demption by
or
Dallas.
).
>
:
'
Authority prior to maturity,
as
a
whole at the option of the Au¬
thority at any time on or after
May 1, 1953, or in part in the
inverse
order
monies
Securities
Corp., Braun, Bosworth
Co., Inc., and the City National
Bank 8c Trust Co., of Kansas City,
jointly, at a price of 100.01, a
basis of about 2.19%, as follows:
&
of their maturities
in the Debt Serv¬
out
of
ice
Reserve
on
interest pay-
any
$47,000 as 3V2S. Due March 1 from
ment^iate after May 1, 1949. The
174,000
scaling
down to 100%, in each case with
accrued interest to the redemption
1,
1953,
200,000
Author¬
Colorado River
agency
an
It
was
of the State of
created
by the
Legislature in 1934 and
shortly thereafter began the ini¬
tial
construction
program.
The
Authority is operated by a board
of directors appointed by the Gov¬
ernor of Texas. For approximately
10 years the Authority has been
engaged
in storing, >■ controlling
and
conserving the waters of the
River in Texas, and in
generating, transmitting and sell¬
ing electric energy at wholesale
Colorado
Wharton
Texas
For the fiscal year ended June
30, 1948, total operating revenues
of the Authority were $6,500,035
and net revenues before depre¬
Commerce
the
Lower
thority
17
as
Directors
of
Colorado
Kiver Au¬
(Texas)
the
date
have set August
for
the
Dallas, at
of
575 and net revenue before depre¬
ciation and debt service was $2,-
462,017.
As
..?■
of
ment of
420,000
represented
1956
330,000
amount
of
revenue
The
hydroelectric
There
are now
Authority. The additional
of
and
will
bonds.
the
10
2s. Due March 10 from
as
to
1963
as
inclusive.
2y4s.
Due
March
10
second
highest bidder
was
'
The estimated cost of the addi¬
tions is between
$18,000,000 and
$20,000,000 and the exact amount
of the new
bond? will be deter¬
Bidders
inclusive.
of
interest,
to
the
name
in
expressed
pected
to
be
published
Swanton,
12
and will contain the exact amount
of the
issue, the amounts of
turities
sale.
and
In
the
the
other
ma¬
Village
of
terms
meantime,
Bond
a
Offering—R. A.
Treasurer,
prelim¬
Carman,
will
be issued by the
1950
to
1969
interest
and
on
inclusive. Principal
payable at the First
name
the
pressed in
rate of interest,
ex¬
multiple of
of 1%.
The approving opinion of Storey.
Thorndike, Palmer 8c Dodge, of
Boston, will be furnished to the
purchaser.
a
of
Education.
June 25.
;
Bends
sold
vestment
Co.
as
to
the
Central
100.94.
In¬
of Texas, of Dallas,
2Vzst 3^4^ and 3s, at
Dated June
a
•
Twin Lakes,
awarded to Harley, Haydon
Co., of Madison, at a price of
103.51,
a
basis
of
about
1.58,
Dated Aug. 1, 1949.
Due Aug. I
were
&
1950
from
1959 inclusive.
to
bidder
The
highest
Co., Milwaukee, at a price
Mil¬
was
100.21.
y
West
Washington
—
The $185,000 9th
notes offered
Sale—The $100,000
Bond
1950 to
Aug. 2 were
sociates, at 0.85% interest. Dated
Sept.
2, 1949. y Due
1950.
"
-
f
.
March 3,
on
.«
'
...^7 V
s/
'•••;/.
.; \ v;-:-.1 ••
" j
•
;!
WYOMING
Big Horn County Sch. Dirt No. 17,
> (P. O. Basin), Wyo. ~
general obligation bonds, as pre¬
viously noted in v. 170, p. 352,
were
sold as 2V2S, at a price of
par.
Tacoma, Wash.
offered Aug.
bonds
256—were
awarded
170, p,
to
Secu¬
the
Bank, of Basin, Stock
Growers National Bank, of Chey¬
enne,
and
Coughlin & Co., of
Denver, jointly.
Dated July 1,
1949.
Due July 1 from 1950 to
1964
provement bonds offered Aug. 1
—v.
170, p. 352—were awarded
to Grande & Co., of Seattle, and
school
1—v.
rity State
inclusive.
Hot
Springs
',
im¬
$325,000
$90,000
Sale—The
Bond
/
Bond Sale Details—The $10,500
Sale— The
The
1959 inclusive.
.
McCleary, Wash.
Bond
street
Harris:
Trust & Savings Bank, Chicago^
at a price of 101.21.
of New York, and As¬
Trust Co.,
Bend, Wis.'
improvement bonds offered July
29—v. 170, p. 352—were awarded
to the First National Bank, and
the First State Bank, both of West
Bend, jointly, at a price of 101.38.
Dated July 15, 1949. Due July 15
awarded to the Chemical Bank &
No.
,
v
^
Sch. Dist»
(P. O. Hamilton Dome), j
12
v
.
Co., of Cleveland, on a bid
reflecting a net interest cost of
about 1.71%. Dated Sept. 1, 1949.
The
second highest
bidder was
McClain & Co., on a bid reflect¬
i
.
County
Wyoming i-
Sale—The
Bond
<
build¬
$80,000
ing bonds offered July 30—v. 170, j
p. 352—were awarded to the Stock
Growers National Bank, of Chey¬
enne,
as
2V2S.
Dated July 15,
ing a net interest cost of about 1949. Due July 15 from 1951 to'
1965 inclusive. The second highest
1.85%.
bidder was Peters, Writer &
Whatcom
County,
Lynden
Sch.
Christensen, for $18,000 as 3V2S,
Dist. No. 504 (P. O. Bellingham),
and $62,000 as 314s.
Washington
Bond Sale Details
—
The $175,-
bonds
school
purchased by
Foster & Marshall, of Seattle, on
a bid reflecting a net interest cost
of
about
2.24%,
as
previously
noted in v. 170, p. 352, were sold at
000
price of par, as follows:
to
Due April 1 from
1955
27,000
to
Due April 1 from
1959
inclusive.
1958
from
inclusive.
1961
to
April
Due
2s.
as
inclusive.
1954
33,000 as l%s.
as 2V4S. Due April 1
1962 to 1969 inclusive.
85,000
from
Newcastle, Wyo.
Bond
J
;
l
Sale—The $230,000
water
works bonds offered July 21—v.
170, p. 256—were awarded to a
syndicate composed of Piper, Jaf-;
fray & Hopwood; J. M. Dain 8c
Co., both of Minneapolis; Sidlo,
Simmons, Roberts & Co.; Boettcher & Co.; Coughlin 8c Co.; Pe¬
ters, Writer 8c Christensen, and
Bosworth, Sullivan & Co., all of
Denver,1 as 3y2s, at a price of
100.006, a basis of about 3.499%.
Dated July 1, 1949. Due on July I
from 1951 to 1969 inclusive.
WISCONSIN
I'
Green
Bond
Sale—The
Lake, Wis.
2y2%
$40,000
bonds offered July 22 were
awarded
to
the
First
National
sewer
Bank, of Ripon, at a price of
104.50, a basis of about 2.11%. The
second
highest
bidder, Mullaney,
price of 104.41.
Wells 8c Co., at a
$1,059,000
bids
31st
in¬
12
for
not
were
awarded
as
fol¬
National
to
New
York,
2
the
divided
$463,000
as
;#!jcANiDA l/if
Canada (Dominion of)
/
Treasury Bills Sold
—
An issue
$75,000,000 Treasury bills was
sold on July 21 at an average
of
Dated July 22,
yield of 0.511%.
21, 1949.
20,000
3%
school
Sept; 1,
Aug.
$483,000
interest bonds,
and
1954
to
1958
school
inclu¬
^
bonds.
Sept. 1, 1954.
Dated Sept. 1, 1949.
tion
bonds.
follows: $75,-
$88,000 in 1959.
vocational
$1,000.
Ontario
Renfrew,
/
Bond
Sale
—
$145,000
The
3y4% public school bonds offered
building
as
ONTARIO
sealed
on
follows:
000 from
sive
receive
(CST)
purchase of
p.m.
exceed
Due
Bank,
will
Clerk,
until
Due
$1,076,000 purchased by the Chase
,
,
$40,000 2V2%
village hall improvement bonds
offered July 27—v. 170, p. 255—
second highest bidder was
Sale
Note
Series
Additional Sale—The $1,576,000
Series notes offered on
date
Wis.
Sale—the
Bond
from
lows:
Le¬
gality approved by Dumas, Hu¬
guenin 8c Boothman, of Dallas.
Trust
Bessemer
the
to
King County Housing Authority,
32nd
same
price of
10, 1949.
Sale—The
Co., of Jersey City, at 0.81%
terest, plus a premium of $23.
Sold—An issue of $900,house building bonds
school
has been
Co., of New York,
at 0.80% interest, plus a premium,
of $6.
Dated Sept. 2, 1949. Due
Dec. 2, 1949.
of
3, 1950.
City
Series notes offered Aug. 2 were
awarded to the Bessemer Trust
Plainview Ind. Sch. Dist., Tex.
000
Trust
Kenosha, Wisconsin
Redevelopment and
Housing Authority, Va.
Note
.
j
Hanover
Bond Offering—B. A. Herrmann,
Norfolk
authorised at the elec¬
on
&
Aug. 2 were
Central
waukee
Co., of Jersey City, at 0.81% in¬
terest, plus a premium of $24.
Dated Sept. 2, 1949. Due on March
VIRGINIA
v
These
-
tion held
Bank
9th
$1,150,000
offered
the
to
1949 and due Oct.
"
were
notes
awarded
second
Housing Authority,
Washington
Bond Sale—The $1,595,000 20th
Series notes offered Aug. 2 were
receive
National Bank of Boston. Bidders
to
Series
Authority, Wis,
Sale —The
Bremerton
1951
Aug. 16 for the purchase of $160,000
refunding
coupon
bonds.
Dated Sept. 1, 1949. Denomination
$1,000. Due $8,000 on Sept. 1 from
^ Bonds Sold—An issue of $30,000
State Board
check
the Town
/WASHINGTON
Vt.
sealed bids until 2 p.m. (DST)
inary proofs of the official state¬
bonds
$1,400, payable to
Treasurer, is required.
$30,000 as 4s.
ex¬
Aug.
certified
A
cost.
without
for
a
VERMONT
The official notice of sale is
a new issue of revenue
bonds to finance the construction
March
Pancoast, and Emerson, Roche &
Co., jointly, for $350,000 as 3s,
$265,000 as 2s and $385,000 as 2^4s,
at a price of par, a basis of about
2.30%.
revenue
be
of
Due
City National Bank & Trust Co.,
City, Dewar, Robertson &
by a pledge
payable from the
Authority on a
parity with presently outstanding
of bids on
of additions to the electric
gener¬
$70,000 not to
interest
permanent
•Note
Otis &
Kansas
the
bonds will be secured
revenues
3y2s.
as
follows:
as
Chase National Bank, New York
out-
principal
bonds
2.24%,
basis
a
from 1964 to 1969 inclusive.
$57,892,000, of "(vhich $41,-
719,000
price of 100.14,
a
from 1952 to 1955 inclusive,
^
June
30, 1949, the ac¬
counts of the Authority showed
total property plant and equip¬
of
about
$250,000
opening
ating and transmission system of
the Authority.
of
$2,000 from 1950 to 1954 inclu¬
sive, and $4,000 from 1955 to 1969
Co., of
Rauscher, Pierce & Co.
Dallas Rupe & Son, both of
and
total
$5,252,*
were
Trust
&
St. Louis,
months ended June 30, 1949,
revenues
Bank
District, TexM,.rr*.^</-^~:
—
3%
Milwaukee Housing
bids
public improvement bonds. Dated
Sept. 1, 1949. Denomination $1,000.
Due on Sept. 1, as follows:
l
$1,000,000 road
bonds ; offered
Aug.
1
were
awarded to a syndicate composed
of the
Harris Trust 8c Savings
Bank,
of
Chicago,Mercantile-
'':••••.• school
bonds has been sold to the
Offering
exceed
County (P. O. Wharton)
Bond Sale—The
Orange Grove Independent School
'■
purchase
•
and retail.
operating
21As.
as
The second
highest bidder was Phelps, Fenn
&
Co., Merrill, Lynch,
Pierce.
Fenner
&
Beane, Trust Co. of
Georgia, Atlanta, Elliott & Eu¬
bank, and Moss, Moore 8c Co.,
jointly, for $47,000 as 4s; $88,000
as 3y4s, and $615,000 as 2y4s, at a
price of par, a basis of about
2.34%.
-.
Authority,*
McGee,
sealed
Dated Sept. 1, 1949.
Texas
standing $18,022,000
'
Bond
inclusive.
Due March 1
from 1965 to 1968 inclusive.
approved by Dumas, Huguenin &
7
1
March
Due
Due March 1 from
1964
to
329,000
■
\
2s.
as
1962
Independent
Lower Colorado River
2^s.
date.
June
Boothmah, of Dallas.
the
awarded
School] Authority to the successful bidder
and proposed bidding blanks are
District, Texas
;///;/./
available for prospective bidders
Bonds Sold—An issue of $80,000
at the office of the Authority in
school house bonds has been sold
Austin, Texas, and bond counsel
to Otis 8c Co., of
Cleveland, as to the
Authority, Wood, King &
3%s, 33/4s and 4s, at a price of
Dawson, 48 Wall St., New York
par. Dated July-1,1949. Legality
City.
Oak
1954
from 1955 to 1961 inclusive.
thereafter
and
inclusive.
to
as
1950
redemption prices will range from
104% if redeemed prior to May
ment proposed to
JLone
R.
receive
Bond Sale—The $750,000 street multiple of 1/10 or % of 1%. The
improvement, Series 1949, bonds approving opinion of Wood, King
& Dawson, of New York City, will
offered Aug. 2—v. 170, p. 156—
be
furnished
to
the purchaser
were
awarded to the Equitable
to re¬
behalf of the
on
on
1959; $61,000 in 1960; $63,000 in
1961; $64 000 in 1962; $66,000 in
1963; $68,000 in 1964; $71,000 in
1965; $73,000 in 1966; $75,000 in
1967; $77,000 in 1968, and $79,000
in
1969.
Principal and * interest
(J-D) payable at the Statfe Treas¬
urer's office. Legality approved by
Dumas, Huguenin & Boothman, of
.
until 8 p.m (EST) on Aug. 29 for
rate
Waco, Tex.
subject
major plants.
in 1957; $48,000 in 1958; $50,000 in
Legality approved
Huguenin & Boothof Dallas.
15, 1949.
Dumas,
b.y
vjV
bonds
1949.
follows: $36,000 in 1950; $39,©00 in 1951; $40,000 in 1952; $41,©00 in 1953; $43,000 in 1954; $44,©00 in 1955; $45,000 in 1956; $47,000
Commerce,
■
The
1,
as
of
Co.
Texas, of Dallas, as 2V2s, 3y4s and
33/4s, at a price of par.
Dated
-
Dated
t
the Central Investment
to
890,000 as 21/2S.. Due March 1 ciation and debt service amounted
; ;
from 1965 to 1974 inclusive, i -to $3,802,102.
For t h e twelve
;
of
Offering—W.
will
Mayor,
Tex.
school house bonds has been sold
ob¬
as
Sch. Dist.,
Indep.
presently outstand¬
ing bonds.
Texas.
limited tax, road
July 29 were awarded to a syndi¬
cate
composed of the National
City Bank of New York, First
Southwest Co., of Dallas/Central
Republic Co., of Chicago, Fridley
&
Hess, of Houston, Lyons &
Shafto, of Boston, and Emerson,
Roche & Co., of Austin, at a price
Gf 100.06, a basis of about 2.56%,
Bond
of
''r U'
of
amount
ity is
$1,700,000 un¬
bonds offered
life
bonds will be
new
Lower
Hunt
produce
the
Bank
rate/of interest, "expressed in a
multiple of
of 1%. Principal
(M-S) payable at the
office of City Treasurer. The ap;
proving opinion of Chapman & !
Cutler, of Chicago, will be fur¬
nished to the purchaser. A certi-»i
fied check for $10,000, payable to
the City Treasurer, is required,
j
and interest
.
payable
serially beginning Nov. 1, 1949,
and thereafter on May 1 and Nov.
1 in each year until payment of
the principal amount in 1975. The
semi-annual installments of prin¬
cipal will bear the same ratio to
the
are
over
.
issue of $250,bonds
offered
Sale—The
court
cost
\
Indep. Sch. Dist., Texas'
Bond
000
to
lowest
tional
vy'.
of Dallas, as 3s and 3V4S, y:Q; Norfolk, at 0.81% interest. ;,
at a price of par.
The notes are dated Sept. 2,
Dated July 1,
1949.
Legality
approved
by 1949. Due on March 3, 1950.
;
Dumas, Huguenin & Boothman, of
Vinton, Va.
Dallas.
or
will
as
bonds.
The
"
awarded
interest
the
be
offering such rate
bidder
rates
will
Hutzler,
at
0.84%
interest,
plus a premium of $11.84. *
500,000 purchased by the
Na¬
of Texas,
v':yy./y;,
bonds
and Salomon Bros. &
sold to the Central Investment Co.
combined capacity of 83,-
a
kva.
Monday, August 8, 1949
jointly,
1
<
Bonds Sold—An issue of $275,000 school house bonds has been
cludes dams and power houses at
Falls and Granite Shoals
334
CHRONICLE
Post Independent School Dist.
con¬
Aug. 10.
construction in¬
projected
FINANCIAL
'
awarded
are
The
&
Denomina¬
Bidders to name the
15
July
Bankers
Bond
Corp.,
Toronto,
jointly,
was
The second
Gairdner 8c
100.19.
at
to
the
and
awarded
Scotia,
100.69.
of
were
Nova
Bank
the
both
of
price
a
of
highest bidder
Co., at
a
price of
@FedFRASER