View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

1947

DEC 1

BUS. ADM.

9% Y'

I'll./

LIBRARY"

M 0 N DA Y

i.TijL?.-;;*

V.t If.

Reg. U. S. Pat. Office

.Volume 166

Number

4651

New

General
RAILROAD
ABC

Net

$6,015,057

Earnings

790,840

SO.38

'

$1.12

share

com.

not included

Advance

The

*

sales of

three

50% -owned

these figures.—V.

in

166, p.

affiliated

companies

its

1781.

The

other

Co.,

Indianapolis, Ind.

Debentures

—

debentures

offered

were

to

residents

The

date

March

1,

1948).

Indiana

intangibles tax paid by the
for year ending Aug. 31, 1943.- City Securities Corp., sinking
Callable in who.e or in part on any interest paying date
30 days' prior notice before Sept. 1, 1952, at 105; on Sept. 1, 1952

Net

Sept.

to

plus

101;

at

and

1957,

1,

accrued

interest only

accrued

103;

at

Sept.

on

interest.

1,

1957

Debentures

through operation of

and

sinking

*

18 9

Prom

to
1907
enamels.
In

industrial

materials,

hing

1907

;■

,

the

present

time

PURPOSE*—The

proceeds

is

recognized

as

proceeds from the sale; Of the debentures,
the term loan will be used to partially

ot

'

dated Sept, 5,

.

of

amount,

regular

the

paid

common

time

future."

for

meet¬

be

of

capital

advantageous.

preferred

stock

since

July 31, 1946.
stock.—V. 166, p. 257.

also

It

After

shr._

com.

355,181
$0.74

charges and

Federal

>

518,415
$1.11

Steel

p.

$4.31

to

raise

approximately

|t also i>lans

through

to spend $15,000,000 on improvements during
over and above ordinary expenditures for such

years,
"It

is

dividend

the

intent

rate

of

the

of

the

new

company,"
stock

will

Mr.

be

Batcheller

between

the

its

that

the
additional

: offered

before

line ot credit at the above bank for
borrowing for
capital from time to time.
The balance due on the term
together with other hank borrowings not in excess of $200,000
Indiana National Bank, will be senior in all respects to the issue

will

such

be

determined

offering

by

the

board

of

'Net

Fed. Income

Profit

Taxes

$843,109

1J36_
S 1337—

shares.

Net

Net Sales

$90,878

$12,909

"that

the

$4.25

and

per

short

a

1,251,125

178,516

41,819

47,054

6,184

16,793

3,496

1,122,454

76,441

16,546

to

underwriting the offering, but

common

stock

additional shares of

132,301

26,870

1,697,760

137,072

43,402

Y1342

1,779,590

105,554

48,293

105,430
93,670
57,261

1943

1,677,070

24,606

12,211

such

no

could

common

time

used

for

1914_

1,665,760

47,667

15,852

1,599,150

27,954

7,058

In

20,835

1945

2,336,737

125,792

47,265

78,526

11947

1,88.),332

91,161

34,641

56;519

Federal

income

taxes.

tEight

months

July 31, 1947.

.

Aireon

The
the

Manufacturing
has

district

S.

Corp.—Files

New

ended
j,

York

Baltimore

.

petition

a

of

Kansas

for

corporate

under

Chapter

reorgahization
X

of

the

he said, is taken by the management in the hope that it will not
an interruption
of the operations of the

Y

i.

cry

Of

Mr.

judgment

which

since
/

noW

cause \

was

the

interference

this

used

year,

to

the

is in default on

company
an

WAA

the

operations

of

the

advanced

debt

has

and

paid

intalment due

the

business,"

ended

to

discharge

$557,000

old

the

on

the RFC Oct.

liabilities,

loan,

but

Exchange

on

AND 9

•«

MONTHS

$

'

share

per

share
v-Y-Yy

for

per

Y;-

1947.

ENDED SEPT. 30

1947—9 Mos.—1946
$
$

$

142,530,234

>

*

,

'

64,184,527

^I60;p00;^^i89;58'^^4;^v".

Ck—Buys Gov't

Plant—

the

transaction

included

six

of

acres

and

equif»-%]sv:

hot

.'

v

<

ft.ji;

sq.

.

land/three^

building

(twosingle

a

rolling

mill

/V

■

.

1947

.

.

all

I?

1946

.......

.

$158,505

?/

1,818
/•:,

$53,198
333,879

81.8J8
333,879

$0.16

outstanding
share

&

Nil

$£•
'

%

charges, including interest and depreciation.

date

Established

1922

'
.

2-2600.

Bell

,

'*'

YORK

_

Teletype:

NY

1-573

with

to

the

plan

suggestions

the

Commission

public

holders
to

disappraved

of

of

the

the

company's

benefit

of

reor¬

made

by

original plan

the

on

first

holders

Bond
of

&

Share

Co.,

allocation for

new

the

of

preferred
the

the
the
were

second

pre¬

parent

of Foreign Power, will receive
holdings of securities of its subsidiary,

its

4V?.'/c

new

debentures

and

3,349,050

shares

of

new

second

pre¬

Group to Oppose Plan Confirmation—
The

the

approve
The

Dec.

36

Foreign Exchange Rates^

36

the

court

publicly
the

the

at

plan

39
41

held

reorganization plan
at

plan.

has

set

hearing for Jan.

a

6

with

Portland, Me.

answering

new

line

shares

common

of

expense

in

due

papers

preferred stockholders opposing the plan of the
company

sought subordination on the part of Electric Bond &
Commission instead asked that the
plan be amended

increased

.38

with

the

second

SEC

to

Share
to

but /

allocate

first

preferred stockholders largely
preferred.
The company amended the

findings and Commission

approval

followed.

Option Warrants Off List—

42

^^

representing

22.

The second

had

__37

The

the

24"

&

_24
33

group,

District Court

to

36

-

Johnson

stock, will oppose court confirmation of
of the company as
approved by the SEC.
The Commission has asked the U. S.

36

Section

Norman

ferred

_35

Condition Statement of Member Banks of
v
Federal Reserve System

4r N. Y.

approval

line

common.

ization
i

York

New

option

Curb

warrants

Exchange

of

this

Nov.

on

company

which

purchase

166,

provides

the

of

cancelled
p.

that

company's

and

will

2093. "V

J,

the

:

the

accorded

fetock
no

suspended

advise

that

amended

outstanding

common

be

20

upon

Exchange Commission has approved

option

will

be

dealings

the

plan

reorganwarrants for the

revoked,, abrogated

participation

in

the

*

,

Edward D. Jones & Co.

_._41
/

..

"

Established

300 North 4th

1871-*/—

St., St. Louis 2, Missouri

Members
New York Stock

45
..

,

Exchange
r:
Phone
Exchange
Y
CEntral 7600
Chicago Bd. of Trade
Bell Teletype
Curb Exchange Associate 'H 8L 593

St. Louis Stock

Chicago Stock Exch.
New York

.

in

Securities

of

St. Louis Listed and Unlisted Securities

Payable-\:^T.yi-.._.„46

STREET.vJNEW

final
in

common.

Condition Statement of Federal
( Reserve Banks

&

its

gave

amended

compensated"

the

Combined

If cAllen

19

recently
4.

that

Electric

—V.

^

v

Foreign Power Co., Inc.—SEC Approves

Nov.

on

as

and

under

and

YV




3

$1.36

88,663
35,465

per

$8,098,900

35

Redemption Calls and Sinking Fund Notices.45
The Course of Bank Clearings—.1 i.
y-.-43
Dividends Declared and

MPNlCIfAK; DEPARTMENT/ ;

HAnover

for

provi¬

requirements

$438,037 Y

that

"under

34

...

Municipal Bonds

Teifmhone

the

after

$1.08

were

frame

Nov.

on

ferred

34

General Corporation & Investment News-Cdver
/State and City Bond Offerings_._^______...__5l

FLORIDA & NEW JERSEY

■

IN

30,

£

Miscellaneous Features

<•

second
to

and

34

Transactions New York Stock Exchange
Transactions New York Curb Exchange
Stock and Bond Averages

it

17.

SPECIALIST IN

BROAD

Sept.

requirements)
30, 1947 and

57,643,339
12.217,412
Sept. 30
—.1—1

said

SEC

On

33

Over-the-Counter Markets

Corporation also owes $372,000 which is subject to suit for collecand • creditors with claims of about $160,000 already have taken
legal action to collect.
C
){£*

80

June

taxes

ground

33

Toronto Stock Exchange—Curb

$2,000,000,

company

SEC

tion,

\VY

dividend

ended

sales

ganization

_29

Exchange

Montreal Curb Exchange
Toronto Stock Exchange

/.

RFC

bank

refund

the

that' time

with

v.V.

Curb Exchange

Stock

Stock

San Francisco Stock Exchange.
Montreal Stock Exchange

business./"*

said.

March,

In

'!

and

the
due

1947,

buildings and certain specified -items of Tnachinery
ment, : including.ithe ordnance termination
inventory/' '
Thd plant consists of a cold
rolling; and annealing

profit
Capital shax*es

13

Philadelphia Stock Exchange
Pittsburgh Stock Exchange
St. Louis Stock Exchange

upon payment

Pearson

of

per share of common stock,
taxes and
preferred dividend

Net

24

.

financial -position is such that insistence by its
of their past due claims would lead to a recovagainst it, and will precipitate a race between the

company's

> creditors

The

Income

Quotations

Detroit Stock Exchange
Los Angeles Stock Exchange

Harold Pearson, President, said no plan of reorganization, readjust¬
ment-or"; liquidation affecting the property is pending.
The action,

"The

during

estimated

months

——

American

Cincinnati Stock Exchange
Cleveland Stock Exchange

in

Federal

its petition

V creditors

taxes

three

Quarters Ended Sept. 30—

conversion

Chicago Stock Exchange—

$
the company stated it is unable to meet its maturing
obligations and desires to revamp its capital structure tp avoid "a loss
to creditors and complete destruction of the rights of the stockholders."

f

preferred
months

Plan—

New York Stock Exchange (Stocks)
New York Stock Exchange (Bonds)

Bankruptcy-'Act.
In

income

necessarily
first

'Profit

Page

/

filed

Court

the

main

Net

arrange¬

This Issue

Stock and Bond

f

Reorganization

-

corporaton

U.

wore

166, p. 1145.

The

Boston

Petition—

Federal

earnings

'After allowance for
—V. 166, p. 945.

31,815

1945

for

re¬

Federal

Inc.—Earnings—

meeting to approve an
from 1,350,000
be

dividend

years'

-

to 2,500,000 shares

12,394

provision

for

income

months

Earnings

59,895

1,313,791

'Before

three

13,296

1940——

"

prior

40,869

818,774

preferred

of

containing a floor area of 174,000
story press building containing 27,000 sq. ft.; and a
with 21,500 sq. ft. of working
space.—V. 162, p. 450.
/
•///:"/
American Encaustic Tiling Co.,

is

in authorized

The

before

recovery

income

after

three

story, steel

136,696

1,171,447

1938

1941

i:

view

$0.72

taxes.

1946, the firm reported

.

Profit

193 J—

'

.

$77,969

—

net

Federal

but

the

-

/

purposes.

said,

$3.50

directors

have as yet been made.
Stockholders will also be asked at the
special

increase

EARNINGS. YEARS ENDED NOV, 30

1935.

a

for

income

30,

This.! company
has purchased' for $94&07qP a
war-surplus brass
strip plant formerly operated- by ;the K.Onoshii' Brass Co. at
Kenosha^/
"Vyis., the War Assets Administration? announced on Nov.: 14;, «

ments

of debentures.

.

the

American Brass

share Yearly.
However, the rate of dividend the conversion rights, if
any, the redemption prices and certain other terms of the
preferred
stock, as well as the terms and conditions upon which it will be

will

company

for

—V.

four

next

bankers with

anticipated

provisions

Billings
Unfilled orders

y

term loan agree¬

$17,425,000

credits

quarters of 1947
thereon of the loss for

reason

$0.76
Federal

carryback provisions of the Internal Revenue Code.

BILLINGS

give present stockholders the right to buy
#)$res Of common. heldl'.

expects

is

It

before

V

t9 Months

income

ended Sept.

third

taxes

of

working
at

the

Preferred

$10,000,000

166,

$1,910,832 '$1,807,810

$1,860,000 for

approximately

and

for

.

1946,

payments.

of

3 Months

for Federal

1947—3 Mos.—1946

plans

permit

needed.—V.

Co.—Earnings—

months period

•*

issuance

would

and

when

second quarter and the third
quarter of 1947 are not comparable
all respects.
In this connection it can be stated that the
profits
applicable to the common stock (befote provisions for Federal

1250.

Corp.—Plans

and

in

355,181

$2.1.9

166,

issued

is
if

in the

1,588,886

355,181

J

together j/t Proceeds-from the sal£ of the new preferred stock
will be used to
pernor
partially, defray costs of a plant Improvement program.. The company

*

a

loss
under

sions

$55,226,547 $49,685,529

355,181

taxes.—V.

Ludlum

corporation

vhqMersv •

SvOO.OOO.

monthly

per

—_

nine

NOTE—The

1947—40 Wks.—1946

$19,473,733 $19,529,825
305,452
821,169
outstdg.

provisions of

quirements

effect

1947—3 Mos.—1946

stock

common

dividends
share

common

taxes

has

provision

preferred

per

the

net

a

upon

loan,

,

tFor

made and' will depend, of course,
upon
the
market and other conditions
at that time."
The company has asked The First Boston
Corp. to form a group of

use

*

Earnings

structure

after

and

'After

the

would

shares

income

taxes

prelerred stock, H, G. Batcheller, President, has noti¬
fied stockholders.
A special
stockholders'-; meeting has been called for
Jan. 26, 1948, to vote on a proposed issue of 200,000 shares of cumu¬
lative preferred stock.
The company initially? plans to register 107,383
shares of .the new preferred, if
authorization Is received from stock-

a

with Indiana National Bank of Indianapolis
The term loan is repayable in 80 monthly
installments of -$4,000 each, commencing Jan. 2; 1948, with a final
payment of $180,000 on Sept. 2, 1954.
The term loan also provides
that company shall make additional payments each
year commencing
wLh 1948 equal to 50%
of its annual net earnings in addition to its

-

Allis-Chalmers Mfg.

;*©ne share/preferred stock -for each 12

BANK TERM LOAN—Company has entered into
the

par)

stock

64,006

of

near

preferred

additional

Period Ended Sept, 30, 1947—
Net

foreclosure.

realignment of

common

been

extension

an

prevent
a

the

to issue

-

paints and
manufacture of wood

it

shares

The

which were wood stains, wood
varnishes. Company has specialized in

and
a%-

ment,

to

that

in

convertible

2093.

Stock Sale—

household

the

.;e'.v.,

Jmprovemcnts,

in

have

(50c

Allegheny

important of

most

filleiV surfacers, shellacs
iiu}

began

company

•

nx

manufactured

company

Sk the-e

"w?

maturing

if

the company
p.

the

AND BUSINESS—Company was established Dec. 1, 1899.
incorporated Jan. 9, 1905 in Indiana. The company occupies 32
oi various sizes situated on 2>/2 acres of ground, including
company offices located at 545 Abbott St., Indianapolis, Ind.

with

those

or

outstanding

profit

at

fund.

HISTORY

f

shares

Earnings

to

callable

are

the

prior

buildings

s

has

dividends

sales

'Net

prior

Copy

a

MISCELLANEOUS

-

purposes

the

and

this

agent.

leader

order

stated

Period End. Oct. 3—

Com.

v

stockholders,"

Aldens, Inc.—Earnings—

and

:

no

884,614

only.

maturity

■

obligations in

Corporation

iund

lini

due

now

said the company needs

management

which

company

:v

and

against Aireon be stayed pend¬

and

paying

$•

creditors

of

"that the commencement of suits

involving the preferred and

of

Sept. 1, 1947; due Sept. 1, 1962.
Denoms., $1,000 and $500.
payable iviarch 1 and Sept. 1 at office of Indiana National
Bank of Indianapolis, trustee and coupon paying agent (first interest

par

obligations

petition

ing its

Paint

Dated

and

protection

petition, presented to Feaerai Judge Arthur R. Mellott, revealed
company is not in a position at this time to realize sufficient
to "cure the deiaults under the secured liens and
also pay

The

Interest

on

the

court,

prosecution of

that the

Offered—City Securities Corp., Indianapolis, in October
sinking fund debentures at 100 and
Indiana

for
the

INSURANCE

-

earnings

offered $250,000 5%

interest.

told

pending actions
ing final decree by the court.",

$5,512,260 $18,276,047 $15,379,717
6

INDUSTRIAL

-

essential

Pearson

fuvther

available.

NOTE—Earnings and
are

1947—9 Mos.—1946

269,455

per

is

"It

Mr.

1947—3 Mos.—1946

income

'Not

PUBLIC UTILITY

-

Price 75 Cents

Corporation and Investment News

Vending Corp.—Earnings—

Penoa Enci. toep.. „0—
Sale.;

York, N. Y., Monday, December 1, 1947

,

plan.

;

2

Fla.—Stock
Offered
Southeastern Securities Corp., Jacksonville,
Fla., recently offered the unsubscribed portion of 12,500
shares of common stock (par $10) offered for subscrip¬
tion by stockholders.
The offering price was $24 per
Fire

American

•:

share.
BUSINESS—The organization, which is now the
company,
was
founded in 1927 as a reciprocal insurance exchange
and
operated
under the name of American Automobile Insurance
Association.
After a few months the name
was changed to the
American Automobile Insurance Underwriters.
On Jan. 1, 1933 the
organization was changed to a corporation organized in
operating under the name of American Fire and Casualty Co.
pany is engaged in the writing of fire and windstorm
all allied lines, all forms of casualty
insurance (including
AND

automobile

coverage on

to

Europe.

to

Flonda and
Com¬
insurance and
comp.ete
insurance—and aviation insurance), also fidelity

6 Mos.

this

directors

The

over

declared

have

$1,513,755

$1,167,708

$837,839

9,856
25,843

"40,636

13,280

41,644

48,132

1,008

61,412

4,259
36,675
40,934

35,799

968

61,412

20%

a

stock dividend, payable

common

record Dec. 29,

16,354

38,278

76,367

17,322

99,690

59,169

above equity-

120.88

107.04

84.72

63.29

18.36

14.54

6.60

91.32

1947

on

to holders of record Nov.

cumulative

already
payable

of 50 cents each have
stock, and another is

14, bringing the total for

was also declared, payable
15, 1947.—V. 166, p. 1782.

stock

preferred
of

holders

to

5.60

68.89

in

distributions
the common

cash

quarterly

paid

to $2 per share, compared with $1.25 in 1946.
The regular quarterly dividend of $1.15Va
per share

31,977

assets per sh.
Non-admitted assets per

of company in 1947 is estimated at between $2.50 and
after allowance lor year-end adjustments and pro.ilsion
established pension fund.
For 1946 the company re¬
ported earnings equivalent to $1.88 a share.
*
Future operations of the corporation will reflect the addition of new
facilit.es which, during the next 12 or 15 months will increase brewing
capacity by 500,000 to 700,000 barrels, or by 15 to 20%.
In addition
the
corporation contemplates acqu.s.tion or construction of a plant
in the East with a capacity of 1,000,000 barrels and, later, possibly a
similar plant in the West.
Funds for the expansion are ava.lable
in a capital expenditure fund, consisting of $13,700,000 in cash an-d
government securities, and from earnings.
No new financing of the
contemplated expansion appears necessary.—V. 166, p. 1470.
lor

for income

record

the current

Dec.

on

Jan.

the 4%%
15, 1943

The

and

Gain

Admitted

assets

Gross

121.58

139.24

share.

per

"Loss.—V.

.

Plan

American Light & Traction Co.—SEC Approves
SEC has approved a partial financing plan proposed by the
This action, it is said, clears the way for construction
a
$104,000,000 pipe line.
.
_
t
„r
.
The SEC's action, it is stated, assured customers in Detroit, Western
Michigan and Wisconsin cities of a new source ui natural gu.o uu'vuga
the pipe line which the official said a
subsidiary company proposes
to build from Texas to the Austin field near Detroit.
The line, it is
said, is expected to be completed by the winter of 1949-50.—V. 166,

of

1885.

25

cents

be

possible

to arrange companies in exact
However, they are always as near

alphabetical

order.

position as

of

Cost

alphabetical

Net

at

$3

share.

per

insurance

Life

BUSINESS—Company was incorporated Feb. 27,
Plant and manufacturing facilities at Troy, N. Y.
The company was organized for the purpose of developing, produc¬
ing, distributing and selling light weight automotive vehicles
Com¬
AND
Delaware.

in

1947,

intends

pany

call

to

its

vehicle the

commercial

"

-

•

capacity.
Shortly after incorporation, company acquired from
all
of Joint
Venture's assets consisting of tangible
Joint

the

and

etock

the members of
capital
$5,537.
acquired relate primarily to the

an

assumed

tangible and intangible assets

The

and intangible

aggregate of 200,000 shares (50? par)
liabilities of the Joint Venture aggregating

Venture

so

truck.

small motor vehicle or

.

,

'

,

studies and manufacturing cost estimates, dated Feb. 10, 1947, and
April 16, 1947, respectively, prepared
(on the hypotheses set forth
in
such
studies)
for the
Joint Venture by the firm of Cresap,
McConnick and Paget, 120 Broadway, New York; and a license agree¬
ment between James V. Martin and the Joint Venture.
The "Delcar" is a one-half ton capacity delivery truck.
The two

consist of a panel-type body
and a stake-type body vehicle.
Equipped with a panel-type body, it
is estimated
that the net weight of the "Delcar" as presently pro¬
jected for manufacture will be approximately 1,600 pounds.
constructed

models

by

the

company

proceeds will be used for working capital.
The
working capital will be employed to purchase materials and
finished components for the production of "Delcars," to pay salaries,
wages and other production cost, to develop a sales and service staff,
to establish a sales and
service branch to serve one of the larger
PURPOSE—The

urban

net

the Middle Atlantic or New England
working capital purposes.

areas,

other

general

in

CAPITALIZATION

GIVING

EFFECT

states, and for

(50?

TO PRESENT FINANCING

Outstanding

(& Sub.)—Earnings—

Amerada Petroleum Corp.
operating

1946

1947

3 Mds. Ended Sept. 30—

$12,019,603

income—

$8,468,558

4,799,8'64

Operating
Other

income

Total
I

Intangible drill, and

j-

deprec.,

$5,070,146
132,524

$4,147,549

$7,462,217

-i

income

2,382,957

$7,219,739
242,478

income

3,398,412

$5,202,670

$4,220,585

73,036

develop, costs,

»

expired

3,602,514

2,485,284

2,793,219

Net

income

$3,859,703

$2,717,386

$1,427,366

!

—V.

165,

p.

$1.72

$2.45

Earnings per share

$0.90

3273.

j..*.,.

New Service

add

a




the

of

•_

for Federal income

taxes

151,000

(est.)l

rights"

after

24,

Nov.

that all certificates for said stock
until further notice must be accom¬

and

notice,

further

until

and

1947

the subscription rights.
As socn as notice is received by the Exchange that the above referred
to Registration Statement has become effective,
the 4y2% preferred
stock will be quoted "ex-rights."
The subscription rights will not be
admitted to dealings on the New York Curb Exchange.—V. 166, p. 2094.
bills

due

by

for

W. Products Co.,

A. P.

sales

1947 THROUGH SEPT. 27,

1,

depreciation

before

$521,725

for

BALANCE

SHEET,

SEPT.

_t_
(less

____Jyti.
Lll\

reserve)_^__

Balance

3,292,801

62,119

\

2,587,184

161,436

185,000

97,075

86,649

48,588

$9,816,345

$8,208,664

$830,000

$430,000

Sept.

standing

was

27,

earned on $346,281 principal amount of 25-year
assented, and after provision for Federal in-j#"'

if

convertible

6%

notes,

$6,000.—V.

of

taxes

come

statement (No. 6598)
filed with the SEC July
covering 350,000 shares (no par)
cumulative first
stock, series A; 300,000 shares --of convertible second
stock, series A and 1,355,240 common shares (par $5)
withdrawn Nov. 13.—V. 166, p. 1146.

was

"47,904

760,000

125,000

758,734

2,750,733

1,926,619

$9,816,345

$8,208,664

notes.—V. 166, p. 562.

orders for 850-70 ton
gondola cars,
hopper cars, 250-16,000 gallon all-steel
convertible ballast cars, 300-50 ton all-steel
cross
hopper
cars,
and 200-70 ton all
steel cross hopper cars,
according to an announcement made last month by F. G. Gurley,
President.
This order totals 2,050 freight cars.
With the placing of these orders, Santa Fe has a total of 5,128
The

tank

cars

1,349,770

2,273,195

1,668,544

$2,427,976

$2,067,030

$2,853,025

1,405,172

1,284,901

1,697,926

$2;385,903
1,543,623

costs

Total

operating

Gross

$5,126,221

1,808,431

(net)

costs__

$1,155,099

$842^279

48,292

57,507

$1,069,245
406,000

income

for

Fed.

inc.

tax,

$830,421
237,000

$1,212,607

$663,245

.

$782T28~

$101,429;

fixed

30,

payable,

$50

$179,296;

Federal

per

Other

Admin,

sell.,

etc.,

Metaline

$766,342

$3,357,762

$1,581,441

133,181

632,736

537,442

5,070

2,383

16,859

3,727

108,000

exps.

(net)
debt

expense

Realization

21,190,003

$2,969,249
388,513

$1,307,423

96,640

152,971

income

Total income

30,823,394

$669,702

61,680

sales.

5,732,463

$455,480
$517,161

on

124,700

350,849

485,651

200,000

130,000

274,018

of

on

Mining

Prov.

&
Cr22,500

for

deprec., depl.
amortization

and

50,000

contingencies-

Prov.

for

Prov.

for loss

on

rentals

future

45,265

146,610

$88,855

$359,469
$0.41

$1,211,349
f, $1 29

24,810

713,970

$0.01

inc. taxes

Net

profit
per

-

—

com.

"On 673,100

share

common

-•

.

shares outstanding.—V. 166, p.

1574.

100.50
100.75
101

due

propose

costs

construction

of

serially.
Bank

National

Trust

&

Co.

$422,310
$0.12

of

to

trustee
First National

Chicago,

National 3ank of Topeka, paying agent.
Bend, West Bend, Wis., paying agent.

PURPOSE—Corporations

appraised

total

The

the net proceeds for the
in connection with the re¬
and classrom building.
land and buildings included in
use

incurred

valuation

the indenture

of

lien

amounts

cf
to $804,245.

Expenditures—

should spend more than $250,000,000 for major im¬
and new equipment during the next five to ten years to
meet the growing demand
for improved and modernized rail trans¬
portation service, R. B. White, President, reported to the stockholders
The

company

provements

at

121st

their

annual

stated

he

meeting.

that

present

net

earnings of the B. & O., as
to attract the new capital

railroads in general, are too low

of

as

required for such improvements.
In
spite of the greatest volume of rail traffic in the, peacetime
history of the nation, Mr. White said that the margin between income
and outgo in the railroad industry is less than half of the 6% ' that
the Supreme Court has held to be a fair and reasonable return for

And he emphasized that a substantial improvement
is to go ahead with its improvement
■ ■'
1
Expenditures for road
improvements during the current year, he
explained, will total about $19,000,000, In addition, in the two years
since the end of the war,
the B. & O. has placed orders for some
$90,500,000 worth of new rolling stock and marine equipment, and
this will require a total cash outlay during 1947 of more than $10,-

regulated utilities.
in

net

is

essential

if the B. & O.

program.

000,000.
In

order

included
The
year.

the B.

freight

livered.

cars,

meet

to

stockholders,

25,000

232.000

67,000

_

for Fed.

1947;

Illinois

West

of

payment

well

7,498,484

sold

profit

1,

Sept.

registrar.

However,

Smelting Co.—Earnings—

-

goods

Price

2V2'f
3
%
3 >/4 %

Baltimore & Ohio RR.—Plans Large

general

wholly owned subsidiary companies)
1947—12 Mos.—1946
Period End. Sept. 30—
1947—3 Mos.—1946
$6,402,166 $33,792,643 $22,497,425
Net
sales
$7,953,964
of

Coupon

1,

building of Memorial Hall, a gymnasium

Corp.—Calls Bonds—

mortgage bonds due Jan. 1, 1961,
have been called for redemption on Jan. 1, next at 100 and interest.
Payment will be made at The Chase National Bank of the City of
New York, trustee, 11 Broad St., New York,
N. Y.—V. 166, p. 1782.
outstanding

the

and

MATURITIES AND PRICES

RATES,

1952
Sept.
1, 1957
March 1, 196C

Cont'nental

the

$6,826,112.—V. 166, p. 754.

American Writing Paper
of

Dated

tax

income

other taxes (accrued), $83,212; preferred stock
share), $2,786,550; class "A" stock (declared
share), $702,250; common stock (par $1), $91,627; sur¬
per

plus, $2,494,573; total,

first mortgage

Maturity

Sept.

100,000

Bank

$50

INTEREST

$100,000
50,000

$488,604;
value

OF

Amount

1947

accounts and
(net), $359,384; inventories, $389,981; other assets,
assets
(net), $4,401,541; deferred charges, $22,634;

LIABILITIES—Accounts

(declared

SCHEDULE

U. S. Govt, securities, $4,700;

total, $6,826,112.

(accrued),

Offered—B. C. Ziegler & Co.,

Bend, Wis., recently offered $250,000
serial and sinking fund bonds.

West

$630,495

$727,607

$593,421

BALANCE SHEET, SEPT.

Assets—Cash, $1,546,443;
receivable

1782.

(Trustees of) and Kansas Educa¬
of the Methodist Episcopal Church,

Association

tional

280,650

income

Net

p.

Baldwin City, Kan.—Bonds

$911,145

485,000

166,

University

68,865

income

Total

Hart

order.—V.

on

Baker

$4,054,443

46,441

$1,022,803 "

profit

250

cards,

1947—12 Mos.—1946

1947—9 Mos.—1946
$4,236,407
$3,416,801

covered

all-steel

ton

placed

has

company

200-70

Co.—Earnings—

American Service
Period End. Sept..30—

Santa Fe Ry.—Orders Equipment

Atchison Topeka &

125,000

3,778,615

758,734

deducting $30,708 U. S. treasury tax

"After

1350.

p.

and

1946

178,540

3,778,615

Capital surplus

166,

Co.—Registration Statement Withdrawn—

registration

The

203,252

630,000

Notes

:

$0.73

nine accounting periods ended Sept. 28. 1946,
after all interest, including interest

preference
preference

203,431

1, 1937

out¬

profit of $37,650,

net

a

only

payable

$171,578

shares common stock

233,827
1947

on

corresponding

the

For

360,269

commissions, etc

taxes

surplus since Jan.

44,366
160,000

1—„
share

per

379,563

payable (current)
Accounts payable

Earned

6,479

acceptances

profit

Earnings

12,

LIABILITIES—

Notes

payable—insurance co. (non-current)
Reserve
for
contingencies
Common stock (221,062 shares, no par)

$459,356
76,933

debt

funded

on
on

100,261

deferred expenses—
value (life insurance)

payrolls,

(net)

earnings

Armour &

Accrued

430,175
$453,727
5,629

income

Interest

there

2,611,821

(est.)

surrender

Accrued

-

«.

Miscellaneous

Net

1,260,398

•

depreciation reserve) _j
of prior years Federal taxes
and

1946

$634,253

2,332,105
36,137"

equipment (less

Refund

Prepaid

30

$869,023

3,660,161

le
accounts receivab!

depreciation

Appropriation to reserve for inventories
Provision
for Federal income taxes

1947

receivables

value

1947

$4,686,565
3,704,046
98,617

-

sales

of

Inc.—Earnings—

PERIOD JAN.

EARNINGS FOR

Total

$291,790

Inventories

notes

until immedi¬

preferred stock will not be determined

new

25,239

payable

,i,_

Prov.

business on Nov; 24,
proposed new issue of

ately prior to the offering.
The Committee on Security Rulings of the New York Curb Exchange
on
Nov. 21 ruled that the 4'/2%
preferred stock be not quoted "ex-

28,189

"Earns,

corporation will revise its North Atlantic flight schedules and
new service between Stockholm and Frankfurt via Copenhagen,

terms

50,568

notes

...

American Overseas Airlines, Inc.—Adds
The

share of a

one

32,950

Customer

Int.

to

to subscribe

light

$468,298

Cash

Prov.
^

the

1947

$526,308

CONSOLIDATED

Other

a

preferred stock, par value $100 for each four shares of 4V2% preferred
stock held.
The dividend rate, the subscription price and certain other

Provision

ASSETS—

Other

for

of a registration statement under the
this company proposes to offer to the holders of

Selling, administrative and general expenses

"Loss.

Sales

Any

basis.

underwriters

of

preferred stock of record at the close of

4%%

14,030

Leasing Co.

depl. and leases aband.

and

its

83,394

on

Other

pro-rata

a

prior effectiveness

4,962

Gross

etc.

on

group

a

Rights—

on

to

Act of 1933,

Interest

Cost

Operating, geophysical, geological &
admin, exps., lease rentals, taxes,

to

77,353

received

(Including

1945
$6,530,506

Subject

Cost

299,989 shs.

500,000 shs.

par)

sold

be

Appalachian also will sell to its parent, American Gas & Electric
Co., 30,023 shares (no par) common stock for $10,000,000.
The pro¬
ceeds will
be used
to retire debt and finance
construction.

Net

44,891

American Zinc, Lead &

Gross

cash sur¬

Net income

Cash

would

shares

income

All

Authorized

stock

Capital

of

stockholders

preferred

company's

unsubscribed

income

Operating

the assets so acquired were: cash amounting to
$37,843;
one
motor vehicle embodying certain patented inventions;
parts useful in the manufacture of the "Delcar," such as motors,
transmissions, suspension assemblies, wheel assemblies, spindles, spin¬
dle blocks, drive shafts, and universal joints; approximately 250 dif¬
ferent drawings, of various parts of
the "Delcar"; certain market
described,

Briefly

excess

Total

Venture

a Joint

and issued therefor to

cash

and

property

personal
:

in

recovery

which

"Delcar,

features and differs basically from the
automotive vehicle with elliptical or coil
steel springs and-use of such inventions makes it possible to eliminate
a
very
substantial percentage of the dead weight necessarily ouilt
into the conventional motor vehicle of one-half ton
load capacity.
The
elimination of many parts found in the conventional vehicle
affords an indicated sharp reduction
in manufacturing costs which
should permit the "Delcar" to be sold to the ultimate user at prices
substantially less than the cheapest truck of comparable capacity
presently on the market.
Also, the elimination of such dead weight
and
related parts indicates a reduction
in operating costs for the
"Delcar"
when compared with the standard truck having the same
embodies certain patented
conventional chassis type

.

"$565,782

value

Land, buildings, machinery and

HISTORY

r

137,740

$399,101

operating profit

Interest

York—Stock Offered
Frank C. Moore & Co., New York, on Nov. 26 offered
38,000 shares of capital stock (par 500) at $3 per share.
The securities are offered as a speculation.
The shares offered are part of 99,990 shares covered by a letter
-of notification filed with the SEC, of whidh the company as ..of Nov.
/12, 1947
had sold directly, without the services of an underwriter
and without granting any discounts
or commissions, 61,990 shares

at

1,098,998

162,489

Sundry charges

Inc., New

Motors,

6,249,357

1,361,363

expense

Provision

Provision

American

l°4fi
$6,920,313

9,022,05'2

sales

and administrative
for depreciation

Selling

1°47
$10,945,035

first, mortgage bonds, series due in 1977,-. and
par) cumulative preferred stock.
The bonds are
competitive bidding Dec. 2 and the stock offered initially
($100

public offering.

panied

(& Subs.)—Earnings, etc.—

30—

less returns and allowances

sales,

Total

possible.

sold

the

to

approved the application filed by the company to issue

has

$28,000,000

shares

75,000

delivered

American Seating Co.

Sundry

not always

year,

66.

p.

Interest

mechanical reasons it is

last

26,

Nine Months Ended Sept.
Gross

31,

Jan.

on

the directors declared an extra dividend of
per share in addition to the regular quarterly of the same
A
total of $1.25 per share was paid In the current year.

render

NOTE—For

announced

practice.

Nov.

On

payable

be

will

—V.. 165,

The

stockholders,

and any dividend then
1948.
He said that prior to
1945, the board followed the practice of having all dividends declared
and paid in the same calendar year.
They are now reverting to this
the

declared

amount.

166^ p. 1573.

company.

p.

Damman, President, in a letter to
directors will meet in January, 1948,

Milton

former

share

SEC

sell

and

Securities

that

in

unearned prem. res.—

share

newly

Ruling

Safety Razor Corp.—Div. Action Postponed

American

tax

increase

in

Equity

income

a

a

to

year

27,192

40,568

$27.25 a share.

Net

$2.70

13,742

35,799

at

Co.—20% Stock Distribution—

15, 1948 to common stockholders of

Feb.

before

or

on

been

40

•.

'

to

13.38%,

the System inputs, of subsidiaries
226,052,000 kwh., an .increase of 26,the corresponding week last year.—
........
1947,

20,

amounted

or

2094.

p.

Dec. 15

1946

•

week ended Nov.

kwh.,

Offering—Smith,

Co. and Newhard, Cook. & Co. announced
Nov. 25 completion of a secondary distribution of 6,000
shares of capital stock (par $4). The stock was priced
&

Barney

Appalachian Electric Power Co.—Bonds Approved—

1944

1945

fr.

p.

company

Three

OPERATIONS
Calendar Years

End.

$788,017

earned
underwritingGain from investmentNet profit bef. inc. tax_
Income
tax paid
Net
profit after prov.
Premiums

166,

1947.

June 30,'47

Profit

and Frankfurt; three flights
and Reykjavik: two flights
Copenhagen, and one flight weekly

Shannon,

and

Berlin,
1250.

American Rolling Mill

of business.

RESULTS OF

the

For

681,000
V. 166,

crease

volume

London,

to

Glasgow,

Oslo.—V.

of

may be used
legal investments
for insurance companies organized in Florida.
Such legal .investments
will
go
into the company's investment portfolio
The proposed in¬
in
capital and paid-in surplus will enable the company to
larger

to

American Power & Light Co.—Weekly Input—

PURPOSE—The net proceeds (estimated at $255,0001
the purchase of securities which are qualified as

a

service

Daily
weekly

for

absorb

of

weekly to Amsterdam, Stockholm, Helsinki,

bonds.

surety

and

had, since Jan. 1, 1947,

its scheduled flights and had flown-99.5% of its
scheduled route miles.";.
The company will continue to operate 15 round-trips weekly between
the United States and Europe with flying times revised to meet winter
operations and changes in routing to cities served.
The revised schedule provides the following service from the various
co-terminal cities of Washington, Philadelphia, New York and Boston
99%

Inc.—Secondary

Anheuser-Busch,

Vice-President-operations.

according to James G. Flynri,

1,

Flynn also announced that this company

Mr.

operated

—

HISTORY

Dec.

on

Casualty Co., Orlando,

&

Monday, December 1, 1947

CHRONICLE

FINANCIAL

&

COMMERCIAL

THE

(2206)

rest

Orders
13.393

of

shortage of. freight cars,
has placed orders since

the

& O.

cars,

and

for

-than 20,000 of

Mr. White told the
1940 for more than

these have been

them

are

equipment since the end of the war have
and 7,984 of these have been delivered.
scheduled for delivery. before spring of next

cars,

.Other equipment deliveries included 3 390 bnx ,enrSi
units of floating equipment,; 37, steam..freight

97

de¬

new

hopper

more

35 c^Wyse
locomotives,

Volume
4

steam

Diesel

the

ten

months

the

remainder

for

1947

the

year

provide

net

of

is

income

this

been

correct

to

this

after

White reported that "the return for
to sustain necessary
credit and to

Mr.

inadequate

dividend

of

owners

inadequacy,

the

property.

assuming

Orders
70-ton

in

were

The

Bethlehem
orders

166,

Steel

the

Co.

other

will

in

Nov.

on

be

to

will

build

authorize

promptly

partner

will

assist

and

Crofoot

in

the

development by Blair of

in

the

of

management

the

CHRONICLE

of

these

the

and

Pressed

that delivery
of

next

on

year.—

is

aiso

partner

a

Oak

of

of

of

owner

Pepsi-Cola

of

have, been

the

made

drawn

retirement

bonds,
the

at

Lonuon,
York,

A,

offices

at

of

J.

E.C.3, England;

N.

Y.;

zerland;

of

or

Banque

conditions

of

the

face

the

value

thereof.

de

Paris

British

et

des

Pays-Bas,

Exchange

Control

Coupon

retained

164,

by

Payment

will

Geneva,

Act

p.

subject

1947

due April 1,
2954.

and

be

'

Months Ended Sept. 30—

1946

1947

$13,727,968

1945

10,590,175

Selling, general
Depreciation

&

admin,

8,545,697

1,227,011

1,083,317

79,205

66,866

63,809

:

9 Mos. End. Sept. 30—
Net

salts

"Net

$1,450,620
Other

$989,031

$760,123

60,363

112,469

earnings

Total

Total

income

$1,510,983

$1,101,500

$895,398

earnings
Depr. on plant & equip.

25,921

1,184

9,400

Discount

555,000

440,000

575,900

sundry

___

taxes

Prov.

Net

profit

Capital

$J20,062

$660,315
409,700
$1.61

$0.76

$2.25
BALANCE

SEPT.

SHEET,

ASSETS—
U.

Govt,

securities

Miscellaneous
in

&

affiliated

to

before

2,12d,732

,

Total

:

$15,707,583

$4,152,014

$4,514,441

$5,774,072

2,336,740

2.336,736

2,336,736

2,336,735

$6.50

of

deduction

of

sundry charges.

Reserve

for

Common

$8,325,690

$6,716,806

CONSOLIDATED

ASSETS—Cash
Canada

in

BALANCE

banks

bonds, $100,000;

219,874
11,724

93,108

78,66 7

plan

bonds

war

employees'

$91,468;

5,492

contingencies
(465,032

surplus since

5,511
6,944

100,000

no

shares)

par

100,000

1,757,200

1932

deducting

Sept. 30,

U.

S.

1947', $705,660;

and

SHEET,
hand,

on

3,799,232

have

Treasury savings notes and accrued interest,
Sept. 30, 1946, $702,430.—V. 166, p
946.

$6,542,637;

total,

payroll),

outstanding
Dec.

stock

1,

this

initial

stock,

common

1947.

of

President,

an

This

is

the

company.—V.

Nov.

on

24

announced

dividend

year-end

payable Dec.

first

139,

notes,

dividend

taxes

15,

of

$5

1947

ever

that

the

share

per

holders

to

paid

on

Dominion

3 Mos. Ended

other

cash

the

and

accounts

reserve),

and

accounts

receivable,

finished
other

$1,894,461;

goods'(less reserve),

companies

and

miscel¬

patents

(less

amortization),

payable

$7,957,148;
(less

provision for
renegotiation in 1945

&

adm.

gen.

Sept. 28, '46

11,561,999

6,717,246

33,770,576

Other inc.

&

$404,288;
total

treasurv

common

$131,987,935.—V.

Boston Edison
The
tions

company
for

1,859,236

1,147,913

5,159,424

3,412,409

191,612

579,892

told

the

Massachusetts

$27,000,000

31,

credits

Treasury savings
income,
$233,843;
stock,
$19,610,000;

to

at

cost

$10,835,076;
cost

(125,184

income

of

not

additions

The

have

to

pay

like

a

remainder

may

The

will

notes

$4,228,582

Month

of

12,181

Jan. 1 to

$56,891,343 of net plant addi¬
issued, F. Manley Ives, counsel,
of Public Utilities.
He said some

been

examined
and
checked
by
the
is seeking to issue notes aggregating
will be borrowed by Dec. 15, 1947, and

of

amount

borrowed

bear

interest

demand

from

time

notes
to

1%%.—V.

at

now

time

166,

outstanding.
to

up

Com.

taxes

shares
per

$324,249

$4,159,682
1,670,000

Dec.

The

15,

1949.

$1,014,303

$204,249

$2,489,682

$423,046

309,109

308,609

309,109

308,609

$3.16

$0.53

$7.67

$0.98

BALANCE

SHEET

$5,104,197
securities

receivable

and

Federal

(less

1,500,000

Other non-current

assets

Advance

on

due
three

reserves)

7,516.590

6, 612,386

refundable

710,000

710,000

1,055,006

16,

expenses

LIABILITIES—
Federal

accrued
and

expenses

State

Employees'

taxes

Long-term

notes

$2,432,833

payable

$1,771,668

2.447,771

taxes

6'.c

for

Capital

376,258
3

5,000,000

1,000,000

($100 par)

(no

1,000,000

surplus

2,640,300

par)

applied

against

stock

held

2,640.300

15.455,450

$18,957,655 $17,957,955
depreciation,

operating
of

rates

results

exchange.—V.

as

amortization,

166,

shown
p.

in

capital

dollars

other

and

taken

are

1475.

this

time.

took

24

Payments

quarters,

no

of

25

action

cents

compared

as

the

on

each

made

were

with

quarterly dividend of $1.37V2
declared, payable Dec. 31, 1947

was

15

cents

in

the

previously

166, p.

share

per

on

holders

to

the

Period

288,203

&

Ended

of

record

30—

Sept.

3 Mos.'47

Net

"After

Earns,

per

1947—12 Mos.—1946

1947—9 Mos.—1946

$3,408,279

$2,010,482

$4,506,084

$2,434,230

49,986

73,004

69,016

$2,060,468

$4,579,089

$2,503,246

853,400

1,901,600

342,947

342,947

$0.24

$0.57

$0.22

Blair & Co., Inc.—New Vice-President and
Director—

The

t

and

Commercial

a

director
and

of

Blair

Financial

a

&

subsidiary, has been elected
Co., Inc., it was announced

Chronicle

(Reg.

U.

S.

Patent

1946.—

1946

(&

Subs.)

1945

1944

$2,351,456

$1,916,398

$2,185,818

115,272

205,593

515,980

397,211

$2,557,049
244,604

$2,432,378
183.595

101,89»

551,322

450,764

459,520

160,008

177.484

372,161

593,000"

589,000

577,305

$3,628,961

_

271,787

.

459,055
'<

178,726

-

~

tax

(est.)

"

976,000

—

$1,008,115

$1,031,535

$1,072,137

2,068,270

2,068,270

2,068,270

2,068,270

$0.84

$0.49

$0.50

$0.52

outstdg.share

per

Celotex Corp.—Debentures Offered—Paul

,

Office)

H. Davis &

Union

Securities Corp. and associates on Nov. 21
$3,000,000 3*4% debentures (issue of 1947) due
Aug. 1, 1960, at 97 V2 and interest.
to

sinking

a

annual

average

not

prior

to

maturity.

time

less

in

principal

fund

minimum

of

than

in

or

earnings,

on

which
than

more

at

the

part

plus

thereof

on

option

least

accrued

at

with

guaranteed

a

provides

75%

of

of

30

for

the

the

days'

interest.

retire-

the

on

has

New

agreed

York

will,

in

protect

carrying

at

notice

Trustee,

the

at

Bank

of

net

extent

will

make

application

list

to

the

Exchange.

amount

necessary,

be

to

approximately

applied

to

$2,814,885
of

payment

tern*

the

principal amount of $2,500,000, originally obtained
working capital requirements of the company while

the

the

out

facilities

proceeds

the

to

loans

to

Stock

and

expansion

the

proceeds

and

acquisition

will

be

improvement

of

added

additional

to

the

of

its

plants.

general

manufacturing

The

funds

of

CAPITALIZATION, GIVING EFFECT

TO

PRESENT

$1,202,068

$2,677,489

$1,378,362

594,298

534.298

534,298

594.298

54

balance

the

of

company.

FINANCING

June

138,484

outstdg.-

stock

29,

share—

com.

$3,38

$2.02

$4.51

$2.32

92,928

above)

amortization.—V.

84.220

122,892

The

166,

p.

rigid
at

exterior

is

engaged

256,862Vz shs.

1,500,000 shs.

905,472 shs.

incorporated in Delaware
building material business

was

in

the

in the rigid insulation board and acoustical
principal products which it sells consist of
roofing, gypsum and hardboard products.

The

insulation

juice

3,000,000

500,000 shs.

BUSINESS—Company

Merrero,

insulation,

products

La.,

has

are

principally

been

manufactured

from

extracted

sheathing, plaster base,

bagasse,

from

insulation

is

also

utilized

by

the

at

the

company's

fibre

remaining

and are used
interior finish, roof

sugar

exterior

for

insulating
refrigerating
building and insulating purposes.

Rigid

'851.

AND

3,000,000

par)

acoustical,

the

other

(no

industry.

plant

$4,592,000

1947)-

(par $20)

Company
the largest factor

is

"148,803

of

1935.,

insulation,

for

(Issue

preferred stock

Common

Outstanding

$5,000,000

debs., due Aug. 1, I960--

debentures

cum.

cane,

and

equipment

the company

and

in

for

various

the manufacture

of various
building materials such as Celobric, a brick siding, manu¬
at Metuchen,
N. J., the surfaces of which are coated
and
impregnated with asphalt and one face covered with mineral granules.
Another
such
product is Cemesto, manufactured at the same
plant.

factured

Period End. Sept. 30—

earnings

charges &
per

after

1947—3 Mos.—1946

com.

Cemesto

covering,
$718,413

$1,787,716

$3,031,599

$5,902,483

$0.47

$1.24

$2.05

$4.12

share-

1,381,184

on

1947—9 Mos.- -1946

all

reserves

common

shares

outstanding.—V.

166,

1886.

p.

major

Memphis,

portion of a partially completed surplus
Tenn., has been sold to this company wartime

$100,000,

War

The
duct

Assets

purchaser
a

research

Memphis facility
a

Administration

will

program
as

a

land

in

engage

pilot

site

new

Which

announced

cellulose

guarantees

on

plant

operator,

partial

about

The
halts

acres,

the

plant

of

consists

con¬

the

of

&

B.

Dana.

Company,

of

forms

rock

and

wool

and

other

interior

for

types

surfaces.

insulation

such

pneumatic

.

as

ap¬

the

majority
of
which
is
Ind., and Detroit,
Mich.

Lagro,

secured

asbestos-cement

an

houses

granulated

insulation,
at

with

in

exterior

of

framing,

C.

Webster

be

$575,000
575,000

Inc.—

of

the

from

other

manufacturers.

underwriters

purchased

&

the

and
are

as

Hornblower & Weeks

prin¬

follows:

250,006

150,006
150,006

The

150,006

Milwaukee

250,000

Paine,
Stein

Co.
Co

each

Kebbon, McCormick & Co.

250,000

Republic

by

Laurence M. Marks & Co.
250,000

Allyn & Co.,

Collins

to

Securi¬

(Inc.)
Julien

names

debentures

ties Corp.
A.

William

product

sections

complete

its
plants
products is

Union Securities Corp

Central

for occupancy.

roof

fill-type

Paul H. Davis & Co

a

digester building 657c complete, a steel frame bleach
-66%
complete, a steel frame dryer building within 20%
being finished and a masonry locker rooms building that is more
ready

from

of

amount

steel-concrete

than 80%

insulation
and

provides

UNDERWRITERS—The

cipal

and

use

such

structure
of

wall

company sells various
for insulation between

balance

Stone
two

for

loose

for

plant.

of

fibre

cane

at

14.

developments
the

a

used

The

war

Nov.

is

construction .and

plication, and
being supplied

Buckeye Cotton Oil Co.—Buys Gov't Plant—
The

of

&

Webber,

Co

Jackson

Curtis
Bros.

250,006
&

Boyce

r

debentures

company

York.

LISTING—Company

to

or

Redeemable

whole

amount

based

requirement,

50%

50,000

100,000

Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and
William
Dana
Publisher;
Seibert, President; William D. Riggs, Business
Manager, iPublished twice a week
[every Thursday
(general news and advertising Issue)
with a statistical issue on Monday].
Other
offices: 135 S. La Salle St., Chicago 3, III.
(Telephone: State 0613);. 1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smiths
Copyright 1947 by William B. Dana Company.
Reentered
as second-class matter
.February 25, 1942, at the post office at New York, N. Y., under, the Act of M arch
3, 1879.' Subscriptions in United. States, U. S. Possessions, Territories and Members
of
Pain
American Union, $35.00 per year; "in Dominion of
Canada, $38.00 per year/ Other Countries, $42.00 per year.
MOTE:
On account of the fluctuations In the rates of
exchange, remittance for foreign subscription s and advertisements must be made In New York fundi.




,

$2,583,023

$1,743,393

shares

after

Occupying

Co.,

allow¬

in

482,053

profit

Earnings

986,400

(net)

Bristol-Myers Co. (& Subs.)—Earnings—

76,900

charges, including depletion, depreciation, cost
of abandoned wells and
leaseholds, and estimated Federal income taxes.
—V. 166; p. 851.

Vice-President

Net

Capital

products

$811,994

196,974

342,947

founder of T. & ,C.

tAfter

$950,651

$3,031,636

income-_

Income..

HISTORY

tax

tax

(incl.

"Includes

deducting all

E. J. Crofoot,

gain

Federal inc.

3'/44

$2,009,471

inc.

shares

Deprec.

1947—9 Mos.—1946

$1,153,950

85,514

shares

and

$19,084,854 $13,237,418 $10,211,131 $10,734,007
16,053,218
10,885,962
8,294,733
8,548,189

income

15-year 3'4%

in¬

profit

Capital

263,953

$431,119

_

outstanding-_
Earnings per share
,

1947

sold-

sold

charges
Depreciation
Depletion

Dec.

1.450,000

before

profits

"Earns,

profit

Capital

metals

Other

miscel.

taxes

Wis.

Excess

7.193,736

754.

income

Sept. 30—

metals

Operating

and

profit

"Based

?Net

subsidiaries.

1947

1783.

$3,459,471

(less

Bishop Oil Co.- -EarningsGross

such

in

preferred

51,192

inc.

come

$38,503,092 $35,201,773
p.

of

and

dividend

common

months.

charges)

Net

166,

Cost

bank
Nov.

on

usual

Other

250.000

8,637,277

surplus

Total

-V.

from

debentures

.

Earned

Rev.

at

in

treasury
Capital surplus

of

$970,239

Calumet & Hecla Consolidated Copper Co.
9 Mos. End.

any

Briggs & Stratton Corp.—Earnings—

15,430.450

225,000

stock

books

per

of

1148.

ment

Period End. Sept. 30—
Net profit from oper.—

250,072

5.000,000

inventories

preferred stock

Common

$2,326,811

1,401,594

withheld

Reserves

4,851,310

$2,195,185

revenue

preceding

Fed.

payable and
for

$7,178,121

5,735,738

estimated

1947—V.

$38,503,092 $35,201,773

Reserves

$7,930,923

Sept. 30—

three

Net

Total

Accounts

assets

net

depreciation

p.

offered

1946

435,535

deferred

$3,206,818

Authorized

551,496

287,249

and

982,145

•

additions and betterments to company's physical
proper¬
ties.—V. 165, p. 3276.

the

1, 500,000

royalties

11,936'
1.676,050

1,270,763

California Water & Telephone Co.—Sale of Bonds
Ap¬
proved—The California P. U. Commission on Nov. 13
authorized the company to sell
$1,000,000 first mortgage
3% bonds, series due 1971 to Northwestern Mutual Life
Insurance Co. at 98 V2.
Proceeds will be used to finance

New

at

each

5.' 119,782
15, 775.939

(less

income

payments

31, '46

15,819,845

equipment
on

.

5,083
1,676,050

(outstdg. 97,818 shs.

$4, 44b,605

6,510.205

reservesi

_

taxes

operation

revenue

directors

stock

Sept. 27, '47 Dec

Government

Inventories
Plant

1947

Bridgeport Brass Co.—Omits Common Dividend—

The

ASSETS—

Accounts

for

166,

(& Subs.)

325,000

Cash
S.

net

"Includes

$748,046

120,000

outstdg
share

134,811

$3,845,861

PURPOSE—Net

655,000

COMPARATIVE CONSOLIDATED

U..

years

Total

Co.,

from

NOTE—The

40,885

$1,669,303
taxes

income

Earnings

year

1990.

p.

expenses

Aggregate net

The

Net

current

company

be

earnings

Estimated

$24,678,337

Dr68,900

46.866

328,136

income:

on

accrual,

Capital stock, no par value
surplus

Total

had

charges.

Dr27,583

1946

$355,010

79,412

Earned

Other

September—

"Operating

$707,161

$43,738,474

1947

(4,000

been

Department

1

,

$3,206,818

$486,418

Federal

Prov. for Fed. inc.
i

taxes

shares),

2100.

p.

"

1

payable

Estimated

S.

preferred

stock

166,

1947,

$15,000,000 of which $6,000,000

577,973

$312,068

ineti-

exp.

before

49,841

expenses

Co.—Financing—

Aug.

on

which securities had

average

Profit,

709,068

$3,845,861

Non-recurring

19,980,794

Depreciation

50,920

847,465

—

expenses

Entitled

$8,368,839

exps.

1,363,700

95,457

equipment

LIABILITIES—

(including ac¬
income, 1947 and

on

U.

$12,309,620; paid-in and capital surplus,
surplus, $54,744,974;
preferred treasury stack at

Dr$900,423;

Gross

9 Mos. Ended

$1,696,886

Sell.

1,621,435

54,902

and

accruals

taxes

for

deferred
$13,275,366;
$6,094,739;
3 \'i %
cumulative

shares),

$413,694;

$131,987,935.

of

$15,309,471

excl. depr.

649,-076

com¬

191,350

Cost of sales,

60,062

878,476

—

Accrued

&

discounts

$324,150

of

(less

advances

Brazilian Traction, Light & Power Co., Ltd.

Sept. 27, '47 Sept. 28, '46 Sept. 27, '47
after

sales,

1946

$348,126
int.-

Total

V.

—Earnings—
•Period—

30

and

1947

stock,

common

3149.

p.

30,

$29,452,337;

traveling

$51,510),

earned

Bigelow-Sanford Carpet Co., Inc. (&
Subs.)—Earnings

Net

SEPT.

for

"Equity in

SEPT.

$8,231,881;

and

years

used

Kendrick,
declared

Federal

receivable—customers

officers'

notes

LIABILITIES—Accounts
crued

prior

2,877,777

$3,716,806

Benjamin Franklin Hotel Co., Phila.—Initial Dividend
Freedland

accounts

and

other

Department"? staff.

directors

244,545$4.38

Brands, formulae, and goodwill

but

1.341.093

$8,325,690
"After

charges,
$1;

£>r209,081

1,332,228
31.

1,757,200

Dr212,860

value)

Dec.

SHEET,

$2.45

expenses,

investments, $340,524; property, plant and equipment
(less
depreciation, $12,640,771), $28,992,113; prepayments and

reserves,

6,132

stock

selling

for

reserve

$527,697

85,902
allotment

$1.93

and

amortization,

materials, supplies, work in process and
$40,694,409; stocks, bonds and notes of

536,821

payroll

Treasury stock (declared
Capital surplus

the

depreciation,

1

taxes

under

Prepaid

tNot available.

181,834

Miscellaneous

record

$1.65

administrative

receivable,

withheld—other

withheld

for employees

on

factory,

824,476

etc

income

and

329.956

$428,814

1947

tProperty, plant,

44,453,413

taxes—

$23,466,291;

$772,435

wages,

Federal

26,236,680

share—

deferred

expenses,

accrued

569,241

shares—

goodwill,

Amounts

mon

2,481,034

8,750

payable—trade

'Accrued

367.538

$582,071
$5.95

BALANCE

ance

LIABILITIES—

Accrued

(net)

surplus-—-

on

Prior
after

deduction

laneous

W.

9,597,450

161,084

charges

Accounts

earned

-

Federal

taxes__

184,616

reserve)

568,069

&

9,983

Goodwill

Earned

484,135

1

Deferred

(less

to

share

per

Accounts

710,562

8,7o0

co

1

assets

Taxes

2,101,492

1,665,931

assets

Fixed

inc.

per com.

2,763

3,254,217

advances

$758,770

293,454

transferred

hand and demand deposits
U. S. Treasury bonds at
cost, plus accrued
Customers' accounts and notes

$8,510,914 $33,647,007' $53,041,270
1,393,731
2,327,817
2,244,544

1,198,394

receivable

inventories

Investments

2,085,640

1,085

int.

inet)

$124,132

1,035,778
1,746,137

plus accrued

cost,

accounts

Merchandise
Other

at

receivable—trade

income

on

7;521

$949,609

income

on

"Investment in capital stock of subsidiaries

1944

and

Fed.

common

"After

1946

$369,192

S.

est.

inc.

of

Earns,

30

1.947

Cash

Accounts

$28,117,086

charges

for

Net

No.

COMPARATIVE

21,794
taxes

ASSETS—
Cash

409.700

outstandings
share

per

sales

on

Canadian

$310,097

408,700

shares

Earned

1945

46,233

$751,243

(net)

dividends

Earnings

5,758,216

51,288

135,274

income

Other charges and deductions
Provision lor Federal income

1946

-$205,881,315$102,515,346
t
t
profit__
27,228,389
7,544,544 $32,891,260 $52,090,758'
888,698
966,369
755,747
950,512

operating

Other

1947

Cash

1946

$3,555,698

7,145,072

$927,815

before Federal

allowance

Borg-Warner Corp. (& Subs.)—Earnings—

8,877,816

1,607,968

expenses

1947

$8,124,175

receivable, less
losses—-u_.
Inventories, at- the lower of cost or market—_

.

$10,828,607 $10,785,067

income

Net income

the

may

30—

operations

to

to

1948

Sept.

Provision for Federal taxes

be

Henry Schroder & Co., 145 Leadenhall St.,
of the Chemical Bank & Trust Co., New
Suisse, Zurich, Lausanne, or Geneva, Swit¬

the Enemy Act 1939.
the holder thereof.—V.

from

Income

or

Credit

of

or

Redemption—

for redemption on Jan. 1, 1948, for account
£21,000 5% mortgage and collateral trust

fund,

series

California Ink Co., Inc.—Annual Report—

Ended

Sales, less returns and allowances
Cost of goods sold, selling, gen. & adm.
expenses
Provision for depreciation

Other

Bolivia Ry. Co.—Partial

the

9

Years

Profit

Trading with

Belding Heminway Co.—Earnings—

(The)

present

2094.

income

quarter

third

additional

(2207)

indus¬

new

company's

Farms, a dairy firm in
Bottling Co., Sacramento, Calif.;
Gobies Dairyland,
Wichita Palls, Texas, and partner of
Rice
Mill
&
Warehouse
Co., Tuckerman, Ark.—V.
166,

Tuckerman

the

1990.

p.

He

Texas;

There

for 2,000

it is expected

the

Mr.

Dallas,

further heavy increases
on the industry,
we hope

1,000

and

by

Inc.

p.

by the B. & O.
Mr. White.

thousand,

completed

25.

enterprises

FINANCIAL

subsidiaries—Pepsi-Cola Bottling Co. of Los Angeles and Lucky Stores,

application."

our

19

according

cars,

Car Co,

both

sought

placed

hopper

Steel
V.

rates

Nov.

on

&

no

costs and taxes are imposed
Interstate
Commerce
Commission
will

increase

first

the

for

$6,000,000

to be increased somewhat during
all expenses and other obligations

operating

the

units

COMMERCIAL

trial

than

more

likely

year,

met,

plainly

of

is

year

the

of

have

a

"To

full

locomotive

passenger

cars

Although

in

THE

Number 4651

passenger locomotives, 28
for passenger trains.

25

and

166

1

4

1946

Apr. 30, *47

returns

<Xc

$20,693,859
16,214,301 15,234,938

21,291,370

13,809,620

property
™___
Sell., ?""■>. & adm. exps.

383,147

555,537

2,637.659

4,129,922

3,803,987

accts.

4,065

23,668

7,402

$4,815,602

$7,109,567
466,810

$1,413,451
241,732

$7,576,378

$1,655,183

339,967

304,992

$1,102,383
364,456

*

of

Prov, for doubtful
*

profit

Gross

—

income

Other

Total

135,061

-—

$5,010,664
200,820

income

deductions;

Income

Fed. exc. pro^.

Other

3,383,651

161,068

511,492

103,579

$25,868

$45,629

10,090

5.177

$59,542
8,4.4
$68,036
4,516

—_

199,115

income

Other

Total

Federal

$33,377

$31,045

247

108

taxes—

Net

19,107

17,204

19,701

$13,731

$43,819

proceeds

280,530

fixtures

394,720

38,580

25,604

$3,946,041

$460,557

$393,212

and

$2,912,258

GIVING

CAPITALIZATION,

EFFECT TO

unamortized
funded debt refunded during
and

premium

redemption

"Of

etc., applicable to

Central Maine Power

Operating revenues ___
Operating expenses:
,' Steam generation and

expense,

Outstanding

Co.—Earnings-

129,609

1,763,889

1,095,171

271,083

3,584,760

3,065,733
1,211,491

140,104
162,206

155,695

1,350,439
1,892,416

78,848

154,100

1,839,688

2,000,548

municipal.
other
than

127,602

116,381

1,479,915

1,363,834

income—

27,275

24,440

314,309

293,871

$311,068

$451,452

$4,824,358

$5,026,055

1,165

4,344

35,969

120,672

,-

—

deprec.

"Fed. income taxes—
Taxes (other than Fed¬

1,810,613

Federal

—

taxes

Net

on

(net)

income

Non-oper.

$4,860,327

$5,146,727

124,724

125,400

1,498,216

1,649,663

0*15,964

Cr2,369

Crl24,548

45,274

2,585

11,854

74,156

89,499

interest
(net)

Other interest

deductions

Other

67.023

requirements—

div.

Pfd.

special

equivalent

"Including

804,412

$3,362,291
1,105,908

Co., Columbus, Ohio—De¬

— The
Ohio Co., Columbus, Ohio, in
offered $150,000 12-year 5% sinking fund
(with stock purchase warrants attached)

September
debentures

£31,250
The

1, 1947: due Sept. 1, 1959.
Ohio National Bank of
Columbus, Ohio, trustee.
Interest payable semi-annually
(March 1 and Sept. 1). Callable on 30 days' notice as a whole or in

Sept.

Columbus,

at prin¬
amount
1, 1949,
Sept. 1, 1951, 104; thereafter and

part, otherwise than through the operation of the sinking fund,
cipal amount and interest plus a premium on such principal
in accordance with the following schedule: On or before Sept.

thereafter and on or before
before Sept. 1. 1953," 103 Va'; thereafter and on or before Sept.
1,'1955, 102 V2; thereafter and on or before Sept. 1, 1957, 102; there¬
after" and
on
or
before
Sept.
1,
1958, 101 Vi\ thereafter without

105;

or

on

subject to redemption through

premium.
Such debentures are also
the operation of the sinking fund.
V*

BUSINESS—Company was incorporated in Ohio
April 1, 1947, it acquired and took over a
business
1928
and operated from that date as an
individual proprietorship by F. H. Groezinger doing business as Gen¬
tral Ohio Distributing Cq.
Company now has one wholly-owned sub¬
sidiary, The Rickly Pack'ng Co., Reynoldsburg, Ohio, which it acquired
as .of Sept. 1.
1947. Company is engaged in the wholesale distribution
of canned and packaged food products to grocery stores, confectioneries
and restraurant3 located in Columbus,
Dayton, Zanesville and Lima
and within a radius of approximately 45 miles of such named cities.
Company has franchises for the distribution and sale of certain na¬
tionally advertised products.

ii

AND

HISTORY

1947.
As of
establ'shed m

March

26,

holders to have the present reorganization plan
drawn up by the ICC,
They have argued

one

new

a

L. Igoe refused to

shares

stock (no par) of which 20,000 shares have been issued
outstanding and are owned by F. H. Groezinger.
Of the
uh'ssued shares, 7.500 shires have been reserved pursuant to
the rights of the holders of the stock purchase warrants which
are
attached
to
$150,000
of
12-year 5 %
sinking fund debentures due
are

14,000

..Sept.

scrapped

appealable order, initiated
fruitlessly to the end

came

ICC

The

and

nection
p.

proceeds

used

be

will

for

of

addition

other

(b)

—V.

build'ng

the

to

and
and

meat

166,

be

to

products

addit'oual

and

used in the manufacture of sausage
balance added to working capital
for Central Ohio Distributing Co.

the

1148.

p.

of
Int.

is

shares

40,000

•underwriterbe

will

utility.—V.

f

($100
wi 1

par)

cumulative

r'etermined

be

for

used

property

by

additions

preferred.

The

competitive bidding.
Proceeds
and expenses.
Business, public

166, p. 1886.

Century Food Markets Co., Youngstown, Ohio—Stocks

offered 8,400 shares of
stock (par $20)
16,800 shares of common stock (par $2.50) in units
of one preferred share and two common shares at $25
per unit.
.
>
.
Offered—The company recently

5% cumulative sinking fund preferred

and

•

4,200'units were purchasable through Beadling & Co,,
Robert W. Forcier Co., Butler Wick & Co., and The S. T. Jackson
& Co., all of Youngstown. Ohio.
The balance' (4,200 units) was offered direct. by the
company.
In
addition, the comohnv offered 10,000 common" shares to employees
Of

the

total,

and-associates

agent and

(

$2.50

National.Bank

Union
•

at

registrar.

.

per

of

share.
Youngstown,

•»'*

Youngstown,

Qhio,
•

,

transfer
•

-

organized in Ohio June 13,

Markets, Inc.,This corporation was dissolved
as of Dec,- 31; 1P43 and a partnership formed on Jan. 1,
1944 known
as Century Food Markets Co.. which carried on operations to June 15,
1946.
Under date of June 10, 1946, Century Food Markets Co. was
incorporated in Ohio and on June 16,; 1946, this company succeeded
the partnership, and operations have been carried on under that name
thereafter.
Company has one active wholly owned subsidiary which
as

Cqnturv Super

,

food

supplies independent
supermarkets.

stores

with

produce

as

well as Century

business of the corporation is the operation Of super¬
markets, engaged in the retail sale of groceries, meats, meat products,
produce, vegetab'es, fruits, dairy products, sea foods, tobacco, house¬
hold supplies and related items.
The principal

The
ia
are

corporation operates eight

Youngstown,'
made

on

a

StrUthefs
cash

and

and carry

supermarkets of the self-service type
Ohio. Sales in these stores

Warren,
basis.

;V

;

"

central warehouse at 1421 W. Federal Street,
Youngstown, Ohio, of 30,000 square feet capacity, from which the
company di-tributes
merchandise to its stores, •with company owned
ahd operated " trucks.
Company operates

a




193,907,939

82,471

128.843

105,824

3,916,496
59,723,147

5,370,523

8,778,063

13,498.885

5,326,868
79.808,333
11,810,032

18,128,276

17.109,663

24,105,800

22,638,354

15,302,902

14,718,496

20,371,604

19,708,531

358,571

358,571

478,095

6,300,000

6,305,245

8,400,000

358,571
8,563,510

1,125,000

1,125,000

1,500,000

1,500,000

42,379

71,156

31.577

70,844,650

94,181,878

depreciation..

disct.

expense

unfunded

on

other

and

debt

deducts—

86,34.3

to construct..

chgd.

Federal
Fed.

debt

debt

of

and

Int.

plant

Cr454,752

Cr227,400

Cr492,352

Cr311,650

taxes—

14,386,100

13,281,600

18,858,400

17,055,200

income

prof,

exe.

Cr2,561,000

taxes.

Charges equivalent
Federal
tions

to

reduc¬

tax

applied as a—
of

Write-down

intan¬

Cr80,163

gibles

«

Write-down

service to Springfield on the same
date we opened our route to Kansas City," Mr. Stewart said,
"In line
with the recent industry trend, we were in the process of arranging a
consolidated operation with American Airlines at Springfield Municipal

of

debt

tized

unamor¬

&

discount

expense

sales

—

losses

of

Reduction
of

.L_

3,222,179

on

307,000

properties

Airport.

Municipal Airport Commission, through its Chair¬
man, J. A. Nickell, has taken the attitude, however, that we either rent
space in
the terminal—space we wouldn't need, since American Air¬
lines would be in complete charge of our operation—or pay a premium
fee for the privilege of landing at the field."—V.
166, p. 2101.
Springfield

"The

Consol.
Earned
—V.

The

proposes

company

shares

204,000

offer

of

ratio

in

one

in an
($8.50 par) common stock to common
share lor each 10 owned. There will

The

will

money

in

made

used

be

ing

be no

a

and accrued

Stockholders
dividend
—V.

they

$105

for redemption on Dec. 30. next, at
dividends of $1.25 per share to Dec. 31,

the redemption

to

166.

Co.—Partial Redemption

date may do so on

Staunton,
Inc., Rich¬

Inc., Lynchburg,

provided

($160)

The
of

for

this

in

inadequate

1946,

from

of

Oct.

on

1,

1^47,

the

to

date

for

$1,701,243
1,409,366

$1,501,265
1,186,024

•—*—

$291,877
62/701

$315,241
62,600

$764,591
223,604

avail, for int., etc.

$354,578

$377,842"!

$988X96

taxes

income

income

Divs.

on

c&p. stk-

••'■•'

,214,906'.

(par $100)-———

"^"$675,06B

,

114,550

458,202

.,458,202;

.

114,550

' X j'1,;
investments-! in,

SEf'T. 30; 1947

SHEET,

and

Covington.

and

property

$17,115,074.

X

_

>

- ?

.

$77,269; total,

..'

series A,

.
•
,
3%; due 1969,

,j
$6,730,^

liabilities, $2,130,606; contributions for line extensions,
$41,701; capital stock (par $25), $5,727,525; capital surplus, $942,376;
earned surplus, $1,542,865; total, $17,115,074.—V. 166, p. 756.
^
000;

$500,000
175,000

■

,,

LIABILITIES—First mortgage bonds,

current

Consolidated Cement

Corp.—Earnings—

9 Months Ended Sept. 30—

—

'

$14,852,453;,

(net),

erties, $2,500; current assets, $2,121t051; deferred: items,

500,000
286,500
"Except as restricted by the provisions of the Indenture.
HISTORY AND BUSINESS—Present company resulted from a merg¬
er
consummated in 1929 between the Clifton Forge Mutual Telephone
Co. and Waynesboro Mutual Telephone Co.
Operations of the merg¬
ing companies have been continued and expanded by the company. .
Company now furnishes local telephone service to the communities
of Covington, Waynesboro, Clifton Forge and Iron Gate, and to sections
of Alleghany, Augusta, Botetourt and Nelson Counties, Va., adjacent
to
these
communities. J It also furnishes long distance service to
these communities and maintains direct toll circuits between Clifton

Forge

$873423
.19^,053

$773,287

subsidiary companies, $61,800; funds realized from retirement, of prop¬

Outstand.

Authorized

■'Unlimited;
$350,000

'

49,203

$32(T6~38

BALANCE"

ASSETS—Plant'

$703,034
"170,088

56,975

!

income!

Net

'

$297,602

deductions...--—

Total

reimbursement of the company's. current funds to
the extent that account has been reduced to finance the capital im¬
provement program.
• .
v .
: - -v
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
—-

1947.

of July 30,

1947—12 Mos.—1946
$5,718,037 $5,134,823
4,953.476
4,43,1,,788

1947—3 Mos.—1946

Sept. 30—

and

oper.

Bal.

including

bonds
Cumulative preferred stock
Common stock
(par $100)

suggests that
rate of $6 a
distribution as

for

revenues.._

oper.

Other

,

mortgage

of

energy of subsidiaries
business conditions ol
the week ended Nov. 20, 1947, amounted to
as compared with 284,449,415 for the corresponding week
increase of 39,961,012 or 14.05%.—V. 166, p. 2101.

an

Expenses

.

First

repre¬

Edison Co.

plan, the committee
the preferred at the

the

plan submitted by Commonwealth

served,

Period End.

Total

\'/~
P.URPOSE—Company contemplates using the proceeds ($660,562) for
(1) payment of $156,980, being the cost of redemption on Nov. 1
1947,
of
all
presently outstanding 3% and 3V2 %
first mortgage bonds;
(2) payment of $18,417 being the cost of> redemption of 175.4 shares
of
outstanding 6%
cumulative preferred stock at $105 per share;:
(3)
payment of company's $110,500 short-term bank loans,- and (4)
payment of $374,665 toward the cost; of completing capital improve¬
ments,

to

the holder.s

rights of

the

Community Public Service Co.—Earnings—

Net

*•

of

weekly kilowatt hour output of electric
corporation, adjusted to show general

924,410,427

Privately—The company has sold to an
company $500,000 first mortgage 2%% bonds
•

"grossly

was

equivalent

dividends

pay

the

in

territory

Bonds Placed

1, 1972.

preferred

Weekly Output Increased 14.05%—

trar.

due Oct.

this

consummation

annually

share

sinking fund purposes), in whole or in
part
at any time upon
30 days' notice at following prices plus
dividends: on or prior to Oct.
1, 1952 at 103 per share; thereafter
on
or
prior to Oct. 1, 1957 at $102.50 per share; thereafter on or
prior to Oct. 1, 1962 at $102 per share; thereafter on or prior to
Oct. 1,
1967 at $101.50 per share; thereafter on or prior to Oct. 1,
1672
at
$101 per share;
thereafter on or prior to Oct. 1, 1977 at
$100.50 per share; and thereafter at $100 per share.
First & Mer¬
chants National Bank of Richmond
(Va.), transfer agent and regis¬

insurance

of

equitable

0.60 common shares of Ohio

and

Pending

and dividends.
(except

and

Commonwealth

only) 1,750

Redeemable

fair

preferred stock."
The proposed
amendment provides for a distribution to the pre¬
ferred holders, in full satisfaction of all rights, of 2.70 common shares
of Consumers Power Co.; 0.55 common shares of Central-Illinois Light
Co.,

Scott, Horner & Mason,

the

holders

to

that after consideration of the testimony
Commonwealth in support of its own plan,
proposed distribution of the assets of Common¬

pointed out

presented by

that

the

accrued
and after Dec. 1, 1947.

Va., recently offered (to residents of Virginia
shares of 4V2% cumulative preferred stock at par

to the

committee

the

sent

1784.

p.

Unfair

Files Amendment Propos¬

stock

found

wealth

1947,

shares of 5% cumulative preferred stock.
desiring to receive the redemption price plus

$1.92

Greater Share in Distribution—

a

exhibits

and

4,041

of

total

$2.08

Warden.

A.

1352.

called

has

company

share

per

$1.39

protective

amendment

finance a construction program. The
early' actiom sd'that* thfe! offering may-be

Graphite Bronze

$1.56

2101.

p.

preferred

The

Cleveland

26,370,007

committee for holders of more than 360.000 shares of
of the corporation filed Nov. 21 with the SEC an
plan of the reorganization of the company.
The committee is headed by Edward Hopkinson, Jr.,
senior partner
of Drexel & Co.; James E. Gowen, Marshall S.
Morgan and Clarence
A

"stock¬

to

asked the SEC for
January.—V. 166, p.

28,566.899

Commonwealth & Southern Corp.—Plan Called

underwriting.
company

19,104,961

sh

com.

per

166,

21,396,214

income...

to Preferred Holders—Group

Co.—To Offer Stock—
application filed Nov. 20 with the SEC

Cincinnati Gas & Electric
to

net

.

BUSINESS AND.HISTORY—Company was

1940

144,347,469 215,000,161

94,840

10,264,391

funded

on

Amort,

Vice-President, and
T. M. Miller, General Traffic Manager, announced jointly on Nov. 22.
The corporation's decision to postpone service to Springfield is the
outgrowth of what Mr. Stewart described as j'a discriminatory atti¬

mond, Va., and

SEC
and
names of the

1947—12 Mos.—1946

3,957,692

taxes

utility

service'to Sprinfield, Mo., S. A. Stewart, Executive

Forge-Waynesboro Telephone Co.,
Va.—Preferred Stock Offered—Mason-Hagan,

(i
The company on Nov. 21 filed a registration statement with the
covering $6,000,000 first mortgage bonds, series B,
due 1977;

.

(& Subs.)—Earnings-

161,746,263

operation

for

Prov.

Int.

Clifton

with SEC—

C. Allyn

A.

Amort, of additional cost

caoital

working

Central Power & Light Co.—Registers

■

following purposes:

The First Boston

State, local and misc.

Air Lines, Inc.—New Flights—
This corporation will offer two non-stop round trip flights between
Memphis, Tenn., and Kansas City, Mo., when service is inaugurated
Dec.
1, due to its decision to postpone indefinitely the opening of

The

net

loan of $80,000 to The Rickly Packing Co., approximately $75,000
which is to be used for the erecting and the equipping of new
a

income

Federal

1784.

the company^
"We had made plans to inaugurate

are

Weld & Co.,

Sons,

&

161,029,097 143,419,888 213,612.590 192,552,403
717,166
927,581
1,387,571
1,355,533

Maintenance

toward

White,

Inc.,

Co.,

1947—9 Mos.—1946

income

Other

Chicago & JSouthern

tude"

Union Securities Corp.

Brown

Operation—Pwr. pureh..
Gas
purchased

exceeding $3,450,000 equipment-trust
by the Old National Bank in Evanstrustee, and sold at 99.5407 and accrued dividends in con¬
with
the
procurement of certain new equipment.—V. 166,

as

no

Rirley &

Alex.

Inc.,

Total

in respect of not
certificates, series E, to be issued
ville,

are

common

total

a

been

participating with

Co.,

Other

Illinois RR.—Equipment Trust Ctfs.
authorized the company to assume obligation

7

Nov.

on

has

Operat;ng revenues

liability

and

There

stock of the company from
price of approximately $9,000,000.
acquired for investment by certain
immediate plans
for the
resale of the

the

for

J.)

Commonwealth Edison Co.

Court which

the appeal to the Supreme
of its trail.—V. 156, p. 1991.

of

)

(N.

stock

Period End. Sept. 30—

back to the ICC for revision.
security holders appealed to the Circuit Court and won
an order which .forced Igoe to enter the confirmation.
The stockholders
meanwhi'e,
contending Igoe's initial refusal to confirm -was not an

1959.

1,

PURPOSE—The

(a)

by-

Equitable Securities Corp., John
W.
Clarke, Inc. and Stifel, Nicolaus & Co., Inc.
The
company
is a natural gas
p'pe line transmission company
which furnishes all the gas for Pubi c Service Co. of Colorado, Colorado
Fuel & Iron Co. and var.ous other enterprises in the State of Colorado.

that the

confirm the reorganization plan

Oil Co.

Harriman

Corp.,
and

senior

The

pf common
and

Acquired

Co.—Stocks

Gas

stock.

Firms

take

Judge Michael
ordered it sent

(42Va

shares

institutions.

is based on the road's prewar eamhigs, whereas it should
into
consideration
increased wartime and postwar revenues.
This
contention has been both denied and upheld at various times in the
U.
S.
District Court but has been consistently rejected on appeals
to the Circuit and Supreme Court benches.
There
are
no
other appeals pending.
The preferred stockholders'
act.ion in effect was an appeal from an appeal.
Early this year Federal
plan

holders

capital stock consists of 34,000

CAPITAL STOCK—Authorized

issuance

Interstate

preferred

common

ruling was a refusal of a request from the preferred
stockholders that the court reconsider
its previous decision.
Trie reque t was the last of a .ong series of attempts by the road's
present

The

at 100.
Dated

an

665.

p.

Standard

Chicago & Eastern

Offered

bentures

special

a

the

for

group of
investment houses, headed by Union Securities Corp.,
purchased 10 000 shares (30%) of the 6%
preferred stock and

A

has

Supreme

S.

U.

ganization by refusing for the second time in a month to review the case.
The high
court on Oct. 20 denied a petition for a hearing filed by
the
road's convertible
bondholder and preferred stockholder groups.

charges.—V. 166, p. 1991.

Ohio Distributing

Central

$3,412,503

$320,911
67,023

$200,888

income

Net

$455,796

$312,233

""'"'dross income
Bond

Refused

Court on Nov. 17 removed what attorneys said
the last' legal barrier to the completion of the Rock Island reor¬

The

and

income

oper.

166,

at

into

-

Co.

Colorado

by High Court—

junior security

eral income):

and

entering

Glass

Bankers—

399,049

—

—V.

8,400 shs.
122,576 shs.

25,000 shs.
1^0,000 shs.

$4.06
74b,~ao,

meeting to be held on Dec. 19 will
agreement with stockholders of Obearof shares of authorized but un¬
issued
Clinton
Industries
capital
stock
in
exchange
for
at least
80%
of
the 300,000
shares of Obear-Nester stock at
the rate of
7/10ths
of one
share of
Clinton Industries for each share held.
stockholders

Nester

PROPOSED FINANCING

Pacific Ry.—Review

Chicago Rock Island &

was

s;:

v

Common

110,956

^•Maintenance

State

shares

1886.

166, p.

353,560

•
purchased power
i" Other operation
/:;

for

and

year.—V.

1947—12 Mos.—1946
1947—Month—1946
$1,599,812
$1,413,716 $17,079,774 $15,867,316

Period End. Oct. 31—

Prov.

discount

sinking fund preferred
(par $20 )——i——__
shares, (par $2.50)

$3,029,041

_

shares

Proposed Acquisition—
The

consider

cumulative

5%

$4,866,956
1,837,915

capital stock
considered outstanding

share

per

capital

On

SEPT, P0, 1047

income before Federal taxes.—
lor Federal income taxes

income—

Net

Earned

will be used for the purchase of store
for merchandise inventory and operating

Authorized

X Net income

Provision

capital.

21,267

43,186

equipment

and

and

Profit

$33,476

income

PURPOSE—Entire

298,420

Clinton Industries, Inc. (& Subs.)—Earnings—
CONSOLIDATED EARNINGS FOR NINE MONTHS END.

$48,190
1,713
13,000

$14,022

income

Iron

2,560

■__

income

deductions

Other

2,442,386
812,300
35,682

(nefi

tax

taxes

income

1,011,840

693,614

profit.

Operating

175,226

1,854,400

tax & surtax

norm,

$842,823

$23,286

sold

goods

Operating expenses

July 26/47

$3,954,686

691.396

730,242

"Write-off
Fed.

of

Cost

$903,267

depl.

May 31/47

$1,198,777

of

tion

End.

8 Wks.

to

Ended
June 15,'46

216,836

Sales

3,856,854

32,865

goods

Deprec.,

«'

Year End.

Dec. 31,'45

sold-.i.-,
& amort.

of

Cost

tion of

June 16/46

$1,598,944
1,358,820

1944 '

1945

.

disc'ts
allowances $21,678,894 $33,090,464 $22,185,651
loss

s^les

an aggregate popula¬
approximately 39,700 persons, with Covington having a popula¬
15,000, Waynesboro of 14.000, Clifton Forge
of 10,000 and
Gate of 700.—V.
166, p. 1476. /
X •
.

communities served are estimated to have

The

OPERATIONS
5'/2 Mos.

Years Ended Oct. 31

6 Mos. End.

r i/i v
Ofoss

OF

RESULTS

CONSOLIDATED INCOME

OF

STATEMENTS

Monday, * December 1, 1947

FINANCIAL CHRONICLE

COMMERCIAL «&

THE

(2208)

Sales, less freight, discount,
Costs

and

expenses———

Bond

discount

Other
Prov.

Net

expense

:

charges
for Federal income taxes

profit

NOTE-*—The

deoV%m
months of

.

and

1946

$2,240,136
1,855,783

26,644
4 105

1

interest

Bond

!

i

"

4,487
140,000

i

>

43,212
19,554

,

'

4,391
142,000
'
'

——■
$171,868'
$175,197
fot-'depreciation and
months "of 1946 iand $123,583 for nine

—a

above

statwnent"includes charges

of $117.89® for- nine

i1

'

1947

$2,331,024
1,983,920

.

allowances, etc

1947.—V. 166, p. 368.

:

' '

"VJqlume 166

THE

Number 4651

Consolidated Edison Co. of New York, Inc.—Output—
The

company

Nov.

on

(electricity

26

Operating
Operating

.and

1946

$5,162,707

$5,330,364

3,835,128

4

3,127,126

expenses

Taxes, other

than

Federal

546,003
351,629

income

Net operating
income

income

was

announced on Nov. 25 that all of the outstanding 20-year
debentures, due Jan. 1, 1958, have been called for redemption
2,
1948, at 102 and interest, with funds being available
for immediate
payment of the redemption price and interest accrued
to the redemption
date.—V. 166, p. 2101.

Interest

3Va %

Fed.

Jan.

on

$1,341,543
17,270

$447,182
debt__

taxes

17,677

—V.

income

per

Operating
Oper.

9 Mos.,'47

revenues

20,940,879
3,283,809

deplet.
taxes

and

16?167,824
2,464,887

4,0j8,014

amort

28,389,132
26,309,914

3,431,704

(est.)
Other taxes

6,393,000

Dec.

4,454,095
5,437,397

4,864,000

3,213,368

2,913,456

of payt. to annunity fund
tPortion of refund on gas purchases

James
Inc.

operating

Other

income

income

Interest

$12,662,858

,

charges

Miscellaneous

$10,555,551
26,425

1947,

that

32,342

outstanding—end of
per share

period

that

portion

2,728,359

1,

1946.

tRepresents

$3.85

portion

of

refund

a

purchases applicable to prior years which is
increase in Federal income taxes attributable
credited

to

include

520.547

which

surplus.

shares

tShares

issued

852.

p.

The

mately

$3

Nov.

on

shares

The

shares

to

filed

19

letter

a

of

notification

par) common stock,
without underwriting.

working capital.—V.

stockholders

Crown

166,

on

gas

18

to

be

with

offered

Proceeds

the

at

will

the

the Crown
istration

at

of

no

Dec.

Nov.

on

vote

270,000

on

share

value.

par

statement

14,300

be

dealt

in

"flat,"

Contracts

1948,

and

on

maae

subsequent

for

At

of

no

there

present

shares

into

nine

authorized

are

outstanding.—V.

are

to

proposal

a

value

par

162,

of

be

each

C.

temporary
and

concrete

permanent

and

steel,

166,

—V.

include

day,

aries;

and

and

162,

HF

an

butane

a

utilities

buildings,

chiefly
of

with

isomerization

to

necessary

capacity

a

unit,

of

paid

in

next

the

$11,650,000

Oct.

sustain

plant

brick,

ing

,

additional

1.000

leaving

balance

a

the

with

capacity

Montreal

4,000

of

shares

shares

outstanding
number
treasury.—V. 150, p. 685; V.

the

on

219,511
149,

and

history

Eligible employees
through 1947.

during

will

of

receive

1943

totaled $8,100,000

cents

of

Northern

3714;

V.

148,

accordance

N.

Y.,

in

Cuba,

the

procedure

participation
interest

$15.37

of

$0.94

to

be

business

V.

in

166,

Nov.

at

21,

$15.22

shortly

cash

1,

to

source i

amount

Months

in

$16.16,

holders

of

directs
on

that

for

Dec.

bonds

the

bonds

Interest

is

It

six-acre

a

is

dealers

in

Tennessee

to

payable

the

on

Taxes

bonds

National

Cuba
Ip

Net

of

production

of

Willard

batteries.

with

the

procedure

for

for

Sept.

1946

be

Net

ouoted

—V.

substantially

$4,593,440
1,279,743

592,037

of

industry,

employees

'The
be

New

quoted

that

the

York

P. 52.
?Vc

of

Stock

$35.49

ex

deposit

V, ,166,
•

close

business

Exchange

per

$1,000

receipts

.

"

Nov.

directs

deposit

shall

„J".

■

on

receipt

continue

I-/.

21,
that

Bank.

and

the

New

272,122

Other

and

of

166,

—V.

and

sundry

bond

Total

.

Deprec.

company

Ohio.

The

opened
panies:
Light
Power

and

plans

one

gas

plan,

to

bid

public

filed

time

in

by company
December for

the

outstanding

companies

some

Bradford

with

the

from

'

Other

method

for

.

financing

the

nia

However, if the securities are purchased,
to study effective means for
merging the
.

system.—V. 166, p. 758.




.

"is

the

not

securities

said

$1,188,745

314,561

290,363

less

Crl3,520

Crl3,685

16,178

11,370

exps.

deductions

and

in
bids

presently

>

moves

plan
of

that, it .is

its

kind

yet

-

„

■;

....

,

,,

Corp.r,—Weekly. Output—

,rj".

of

$900,697

said

into,the
;•

*

it

Corp.—Listing—

'

'

>

5,037,641

25,122,119

17,144,948

$846,457

$5,432,038

$2,446,748

30,868

377,952

156,1.70

$877,325

$5,809,990

$2,602,918

193,818

173,682

of

32,317

463,655

359,365

exp.-_

73

83

731

1,425

11,180

42,177

63,247

Crl,947

36,376

93,850

58,553

declared

in

100%

a

Stock
stock

stock

common

Dec.

on

on

18

the

to

in

on

the
B.>

Paul,

will

respective

23.

June

Jr.,

result

prices

These

payments

1946.

year

totaled

$1.80,

common

holders

of

the

which-

stock

common

before Aug.

or

1,

1956.—V.

Federal Electric Products

.

The

registration

and covering

will

be

issuable

in

the

166,

p.

1682.

,

,

.

of

Nov.

Cq.—Registration Statement

statement

150,000 shares

13.—V., 165,

p.

(No.
(nar

1454,

69,40), filed

$li

class A

1189.

455,528;
eral

three

30,

to

Sept,

30, J947, net
share.
This com¬

per

per

share

$1.08

or

in

11

cents

June

banks

ended

during

parts,

the

same

mineral

and

our

earnings per
for

issue

quarter

the

of

and

year
Nov. 10.

$4.88

for

30,

1947

receivable

(less reserve), $3,for refund of prior years' Fed¬
$520,000;
miscellaneous
investments
nominal value), $14,153; investment in

claim

(estimated),

insurance,

etc.,

in

1946

SEPT.

notes

bonds, at cost or
Magnesite Co.
(net),

repair

the

1946

the

hand, $2,799,318; U. S. Government

011

and

and

prepaid

30,

shown

for

SHEET,

and

$3,424,465;

taxes

figures,

1947.

30.

accounts

of

June

incorrectly

were

read

ended

inventories,

income

(stocks

ended

$4.39

to

transposition

a

months

1947

have

$52,000;

Northwest

$708,553;

lands,

etc.

$600,000;

and
real

(after

prepaid royalties (net of
deferred accounts, $363,042;

other
estate,

buildings, machinery, equip¬
depreciation and depletion

for

reserve

$9,024,845), $12,158,051; total, $24,095,109.

notes due within one year, $244,000; accounts
others, $931,266; accrued wages, $486,23^, jaccrued
miscellaneous accruals, $190,610; accrued "unemploy¬
ment insurance and old age pensions, $124,277; accrued
interest, $9,198;

payable,

trade

and

$129,517;

taxes,

for

notes—tax

income tax
(after deducting $1,000,000 U. S.
series),
$491,489;
notes
payable,
account
of
Kentucky Fire Brick Co., due 1949 (non-current),
$60,000;
3'/4%
promissory
notes
due
Jan.
1,
1957
(non^current),
less payments due within one year, $828,000; reserves for contingencies,
$192,171; capital stock (outstanding' 469,713 shares of no par value),
$12,394,736'; capital surplus, $611,338; earned surplus, $7,402,275; total,
$24,095,109.—V. 166, p. 1890.

Federal

of

The

Georgia & Florida RR.—Operating Revenues—
'

Week End. Nov. 14

Period—

1947

Operating revenues
—V.

Jan. 1 to Nov. 14

166,

p.

1946

$45,875

2103.

1947

$45,050

1946

$2,213,145

$2,095,287-

„

Georgia Power Co.

with

the

common

SEC

stock

"6

a

has

granted

value

capital

$55,000,000

to

of

-

;•

;;

-

permission
its

to the company to reduce the
shares. (no par) common stock
Apcording to the company's applica-*

2,500,000

$37,000,000.

tion, the transaction will not alter the number of common shares. The.,
amount
of the
reduction, $18,000,000, will be transferred to capital,
surplus.

Feb.

was

certain

This snrplus will be disposed of, the company said, by making
166, p. 1993.

charges against it.—V.

with¬

letter of notification was filed with the SEC for
30,000
shares mf classRpommon stock ..to be. offered at $1 a
share-without
underwriting^ The shares are being sold bv B, E. Crispin and F.* E.
Crispin, both directors of the company.—V. 163, p. 3416.
19

SEC

The

Reducing Capital Stock Stated

—

Value to $37,000,000—

.

-

"

On Nov.

$508,453

BALANCE

stated

Fidelity Electric Co., Inc., Lancaster, Pa.—Files with

,:~

$1.49

$0.68

months

equal

is

of

Withdrawn—

drawn

$5.66

$1.47

which

}-

the

ASSETS—Cash

following

on

598,249
$702,473

for, nipe

reports

earnings

months

same

Secretary, announced that the 100% stock
in the reduction, effective Dec.
18,
1947, of

at.

1,735,335
$2,663,048

-

the
4'/?%. cumulative preference stock, series A, to
prices: $12.81 per share of common stock on or before
Aug. 1,-1949, $13.87 per share of common stock thereafter and on
or before
Aug. 1, 1952, and $15 per share of common stock thereafter
the

230,934

$320,031

1946.

acquisition

Dividend—

dividend

443,595

share

$2,062,207,

for

12

787,288

42,672

95,503

CORRECTION—Due
share

768,521,

9,532

96,298

LIABILITIES—■3'/4%

be

plans

-V

$689,332

per

of

with

pares

from

Dayton

1947—12 Mos.—194?

' $5,884,037 $30,554,157 $19,591,696

va¬

provision

payable

disbursed

conversion

six

known.'1''

i

•« "■

Pennsylva-

ment,

12.

distribution

western
will

€0.—Quarterly Report—

taxes--

company

period

Gibson Refrigerator Co.—Fiscal Year

cial Dividend Declared—

(

;

,

,

;

Changed

—

,

Spier

.

Gibson,. President, ha&K informed- the" stockholders that
of the company had been changed so that the current
fiscal year will end Sept. 30, 1948, instead of July 31, and that the
two-months of. August and September, 1947, would be treated as-a,
separate accounting period.
Charles

the

company

j*

•»

.

.

income

reserves),

SEC—

companies

insurance

1947—3 Mos.—1946

income taxes (eat.)

securities,

$1,015,176

premium,

have

$1,

William

securities.

purchases

Group Insurance—

group

advanced

$7,633,739

deductions

Federal

6,960

present

paid

as

■'

v•
the

Agent

79,485

$1,181,785

the New York Curb Exchange on Nov. 19
of
7,500
additional
shares of
$1
par
value
issuable for cash on exercise of outstanding options.

directors
Dec.

and

Co.
owns

Of

$1,441,871

note

June

1889.

p.

par

also

&

.'United Public Utilities Corp.

on

loss

9,197

of

should

outstanding common stock in 1947 received the fol¬
lowing quarterly cash dividends: Jan. 1 and April 1, 35 cents each;
and July
1 and Oct. 1, 40 cents each.
An
extra of
30 cents
was

receipts

iui.

operating

SEC,

ending
net

11,504

the

listing

stock,

166,

The

the securities of the
following com¬
Gettysburg Electric Light & Power Co., Buckeye
& Power Co., Eaton Lighting Co., Greenville Electric
Light &
Co., New
Madison
Lighting Co.,
and
Western
Ohio
Public

Service

The

on

utility

months

estimated

,,6,531.353

prop,

ended

$697,957

the

record

1, 1947; and
in> ■"Flat."—
:

%.

amortiz

and

and

These

7,144

debt

income

Dayton Power & Light Co.—Proposed Acquisition—
The

"

exps.,

profit

480,467

853.

p.

stock,

i

electric

eleven
an

adopted and will be offered to the
C. E. Wilson, President, announced

January,

sources

302,627

receipts))

Family Finance Corp.—100%
plan

'■

...

the

with

$1,362,386

income

476,415

$1,008,032

revenue

income

The

the

deposit

dealt

.V

•'

in

profit

395,517

taxes)

.=

approved

the

Dec.

on

most

has been

operations

363,513

income

Fairchild Engine & Airplane

1947.

be

to

a

Is

'

sales

Gross

600,281

exps.

The Board of Governors of

amounting to $16.16, less Cuban tax of $.94 to be withheld
per
deposit receipt "part-redeemed," for $1,000
original
amount of first lien and refunding mortgage
gold bonds,
-series
A,
extended
to
1946,
and first lien and refunding
mortgage gold bonds, series B, 6%, extended to 1946, to holders
•

in

improved

the

of

one

Period End. Sept. 30—
sales

Cost,of

of

1947,

the

of

month.

Co. New York, N. Y., has been
appointed
City Bank Farmers Trust Co., New York,
preferred series A no par stock. See offering

Net

income

1,672,879

expenses

miscellaneous

400,159

Federal

(interest

Miscellaneous

source)

at

Perelle

four

nominees

electric

The

1947

taxes

funded

on

Amortiz.

close

principal

of i record

Mr.

his

of

21.

Earnings

Co.—Earnings—

30—

$4,936,857

and

Total

the issuance of participation
certificates, payments will be made
.Dec," 1, 1947, of $34.55 ($3.96 interest payment. $15.37
principal
payment.and $15.22 cash payment in lieu of participation ctrtificates

for

next

and

nominate

Trust

$4.25

by

504,720

income

Interest

tax

on

at/

to

output of this corporation for the week ended Nov"
21,
1947
amounted to
152,371,283 "kwrn-, an increase of 19,753,870
kwh., or 14.9%, over the corresponding week last year.—V. 166, p. 2103*

& Co., Inc., New York.
Proceeds
expansion program.—V. 166, p. 1786.

and

repairs

than

income

common

City

deposit,

right

appointment

$29,831,000,

Interest

registration statement w.ith the SEC
5% convertible cumulative preference

a

revenue

operating

Other

par¬

the

/

1889.

•

The

$1,000

RR.—Principal and Interest Payments—

accordance

of

Fisher

Mr.

the

The

General Public Utilities

surround-

first

1,

the

at

$1

par

In
view of
the wide
participation in the present plan it is an¬
ticipated that the new plan, which also applies to both salaried and
hourly employees, will become effective Feb. 1, 1948, after the
necessary
enrollment has been obtained.—V.
166, p; 1993.

Eberstadt

distribution

and

(other

Federal

3392.

p.

authorized

shares,
.-.-.J:...,,,,

the

Treasury

166,

with

have

Industries

to

and

represents

Nov.

on

the

serve

and

and

York, N. Y.—V.

2,500,000

has

and

$35.49 per $1,000 deposit

ex

to

1992.

and

new

company's

contains

site

designed

Depreciation

1947;
that the deposit
receipt on Dec. 1, 1947;
deposit receipts shall continue to be dealt in
"Flat." and the bonds, to be a
delivery in settlement of Exchange
contracts made beginning Dec.
1, 1947, must have the rider attached
thereto stamped to show the above
payment.

receipts be quoted

$1,000,000.

on

It

Pa.—Registers with SEC—

($50 par)
F.

Ended

and

of

Cuban

at

space

begin

20 fi ed

Nov.

administrative

Maintenance

payment,

lieu

less

record

the

middle

Wood

the
p.

undertaken

Ready—

year.

a

and

will

construction

operating

General,

1947,

of

interest

payment

to

the

Depletion -1

on

for

of

issuance

"part-redeemed"
($3.96

shall

General Refractories

1577.

Underwriters,

Gross

Dec.

approximately

1947.

Exchange
$1,000 bond

per

ot

amounting

Stock

$4.11

the

of

batteries

distributors

Ore.,

p.

be used

Nine

1942, "part-redeemed."
the rider attached there¬

bonds

agreement

directors.

v

Empire District Electric

the

Constitution

on

of

166, p.

agent
for

Net

2120.

for

made

principal

receipt

A

an

due

1942,

stemming

1947,

plan

be

former

Gar

166,

said,

Corp.—Weekly Input—

manufacturing

250,000

Elliott Co.» Jeannette,

Total

the

of

said

and

for

withheld

York

ex-interest

for

of

payment

on

New

will

of

original

series

deposit

per

the

and

$1,000

amount

certificates

provision

payments

bonds

of

$34.55

principal

The

deposit,

per

bonds, 5V2%

principal

ticipation

for

$4.11

presents tion

and

transitory

certificates,
of

mortgage gold

original

a

Stocks Offered—

—

factory is fifth in the chain of Willard plants located
Industrial communities throughout the nation.
A sixth,

Portland,

—V.

Rys.—Principal and Int. Payments—

with

loan

the

Manufacturers

transfer

rious

in

share,

p.

the

amounted

Amortiz.

that

remain

cost

a

feet of

of

Willard

Production

Cuba

Increased

the

Oct.

board

of

auxili¬

instalment.

15

to

around

30

Corp.

per

280.489

shares

increase

General American Transportation
Corp.—Trans.

areas.

stock.

at

60

1,500,000

to

for 48,800 employees.

20, 1947, the System input of subsidiaries
amounted
to
63,220,00
kwh.,
an
increase
of
20.1%, over the corresponding week of 1943.

equipped at

important

operation.—

Market

Oct.

and

p.

of

that

barrels

the

Curb

shared have been taken down

Co.,

The Memphis

will

notiiied

1948,

expected

Nov.

covering 60,000 shares

has

from

voted

25

General Motors Corp.—New

ended

The company

corporation

31,

seven-man

on

2102.

p.

capacity

needs

of

Cub Aircraft Corp., Ltd.—More Shares Sold—
The

Lewis

Cerf

31, 1951.
Payment on another $1,000,000 of
sinking fund debentures, due from 1948 to 1951, will be
delayed until
of the bonds, subject to certain conditions.

for

voted

was

36-year

company's

March.

earned

dividend

wage

weak

54*000 square

the

approximately

of 3,500

together

D.

Inc.—Capitalization

Nov.

on

loan

$1,617,000.—V.

in

built

Admin¬

value

a

unit

America,

Floyd

666.

In
accepting
the
above
loans
for
$1,650,000
the
company
has
arranged
to
defer
maturity
on
$1,000,000
of
secured
bank
notes
from Dec. 31,
1947, to June 30, 1948, and has effected postponement
of
a
payment of $1,000,000 under
a
bank
credit
agreement
from

Terms

Willard Storage^. Battery Co., a subsidiary, has started
produc¬
a
new
battery plant at Memphis, Tenn., C. E. Murray, Execu¬
Vice-President, announced on Nov. 18'.
The new
structure was

tive

2639.

p.

the

166,

tion

to

sold

thermofor catalytic cracker of nominal
treator of "nominal 5,000-barrel-per-

a

alkylation

of

of

p.

W.

2102.

p.

in

10,000-barrel-per-day capacity,

Bank

Cerf

166,

Perelle,
President
of
Gar
Wood
Industries, Inc.
in
return
five-year 3V2 notes which will be convertible into common stock
the rate of $5 per share.
A total of 330,000 shares will be reserved
for this purpose.
•

The

the

for

acres.

day capacity,

Industries,

of

D.

•■i'li

fair

site

Floyd

'

plant

the

occupy

and

directors.—V.

for

The

largest

$1,000

the

corpdratioh
10,592,000 kwh., * or-

will

employees of

the War Assetts

appraised

$179

agreement, which is expected to be consummated on
or about Dec.
4, 1947, the company will receive $1,500,000 from Edward
F.
Fisher, a director of General Motors Corp. and $150,000 from

Sales

this

Corp.—Buys Gov't Plant—

Present

Vice-President

Co.,

elected

stock

a

provide

7045) filed with the SEC April 28
shares
(par $1)
has been withdrawn.

Electric Storage, Battery Co.—New Unit

$2,300,000.

14.

818,568

,

Split-Up—

approving

(No.

common

dividend,

will

for

For

a

Production facilities

that

1,

2%

Utica, N. Y., recently
offered 750 shares of preferred stock at par
($100) and
750 shares of common at par ($1).
Proceeds will be
used for operation and development of
company's busi¬
ness—V. 166, p. 1354.

for

17

■'

818,o69

each.

•

special

a

Central Corporation

Twenty-five

of

will

28

Electric Power & Light

Texas, 100-octane gasoline refinery, operated
during the war by this corporation, has been

announced

reinforced

of

to

ex-interest

Exchange

June

Elec-Trick Toys Co., Utica, N. Y.
Mohawk Valley Investing Co., Inc.,

SEC

used

been

Wood

common

by the directors.

plan,

—V.

property is $2,796,385.

upon

paid
York,

2411.

Last year

approxi¬

be

Pasadena,

to;

be

New

Co.—Registration Statement Withdrawn—

wage

$22.50

156.

p.

Central Petroleum

government

of

of

-f'."

$1,465,598

at

common

which

of

registration

The

at

meeting to be held on
consider a proposed retrement
plan for full-time salaried
the company.—V.
166, p. 2102.

In

quoted

continue

the

carry

Nov.

on

outstanding

shares,

165, p.

Nov.

Continental-Diamond Fibre Co.—Retirement Plan—

V.

p.

shal)

settlement

in

must
1838.

be

record-breaking wage dividend of an estimated
about
50,000
employees in the western hemisphere

Sept. 30, 1947,
the offering to stockholders

($1

unit

per

additional

per

will

Inc.,

A

equal to the estimated
thereto; remainder was

outstanding

pursuant

received

Assistant

Reynolds &

stockholders

Sept.

-

company

35,000

nine

1995,

Co.,

Eastman Kodak Co.—Record Wage Dividend—

Continental Car-Na-Var Corp.—Files with SEC—

A

each

covering

—V.

July 11, 1947, and 25,125 unsubscribed shares remaining
offering which were subsequently sold in the open market.—

the

166,

for

bonds

bonds

'

mt

share

common

Smith,

of

have

The

ended

from
V.

earned

due
&

$4.49

payments,

that

the

the

1947,

166,

common

and

aggregating $1,244,000, made
to the annuity fund trustee for
1946, which is equal to the estimated
reduction in Federal income taxes attributable
thereto; remainder was
charged to deferred debits to be amortized over a 10-year period from

Jan.

1,

Drackett

3,274,031

$3.85

of

bonds,

Morgan

1887.

The

$10,496,784 $14,705,469

3,274,031

income

♦Represents

4%

P.

J.

■

maturity

50,374

$12,606,412

that

delivery

a

Dec.

stockholders

350,000

25,546

37,982

deductions

of

$14,781,389..

18,464

income

income

JShares
Net

new

254,591

p.

Gross

Net

459,651

directs

be

to

The

$10,095,900 $14,516,798

164,834

mortgage

office

Dominion Textile Co., Ltd.—Plans Stock

490,000

$12,498',024

revenues

the

■

stock)__

for Conversion of New Loans—

Exchange has received notice that the interest

the

oil

at

Exchange

subdivide
Net

1947,

coupons.—V.

01,072,000

——

Stock

"

$1,567,488

treasury

1682.

p.

Under

beginning

4,162,713

—

1,

date

1,

and

8,229,000

■"Portion

Dec.

York

Y.
The

income

on

New

that

on

N.

15,385,203

19,764,902

Maintenance
Federal

due

$70,191,996 $55,322,974 $90,917,049

gas

Operating expenses

Deprec.,

12 Mos.,'47

deductions:

rev.

Purchased,

9 Mos.,'46

The

898,269

$1.91

(excl.

162, p. 948.

Detroit & Mackinac Ry.—Interest—

(& Subs.)—Earnings—

$2,363 867

Fleming-Hall Tobacco Co.—New Directors—

582,000

$735,418

1946

$2,527,884
960,396

outstanding

Earnings
166,

Gar

Consolidated Natural Gas Co.
Period End. Sept. 30—

_u__

profit after Federal taxes
siis.

Henry
Net

1947

taxes

taxes.

—V,

41,396

218,900

income

on

Inc.—Earnings—

27—

Federal

N

Net

$1,358,814

$210,604

State

Sept.

before

«

17,237

funded

on

and

Federal

338,103

$429,945

income

Ended

protit

523,585

2, 1948—
Total

It

Quarter
Net

Com.

Other

To Redeem 3V2% Debentures on Jan.

S

(2209}
First National Stores

1947

revenue

Depreciation

increase of 4.5%.-

an

CHRONICLE

(& Subs.)—Earnings-

Nine Months End. Sept. 30—

announced

generated

FINANCIAL

&

Denver Tramway Corp.

that System
output of elec¬
purchased)
for
the week ended
Nov. 23, 1947, amounted to
227,200,000 kwh'.," compared with'218,000,000 kwh. for the
corresponding week of 1946, an increase of 4.2%.
Local
distribution of electricity amounted to 209,100,000 kwh., com¬
pared with 200,000,000 kwh. for the
corresponding week of last year,

tricity

COMMERCIAL

T«

fiscal

J.

year

r\f

4- V%

O

•

hVl®

MClfri

1*1

f

1CAO

1

«
V*':

,

•

.

,

1947

Gibson

Mr.

fiept.

dividend

and

30

resulted in

a

v

also

of

cents

io

record

of

Sept.

per

.

.

_

,

D.

.

,

e

,

,

■

.

lights 101

c„i. nf ,.Mi

patent

Swiss

Tntni

^

models,

Current

widths
1,

of

26

New

of

explained, will represent
negotiations with government
purchasing commissions and agencies.
The appointment, Mr.
Frazer stated, will in no way conflict with the activities of distributors
.in various foreign countries now handling the Frazer line of 27 farm
implements, including the rototiller and new Frazer stationary motor.
Washington organization, Mr. Frazer
Craham-Paige exclusively in its forthcoming
The

V.

166,

to^ Northwestern^

1947

of

note
p. 1858.

Prof.'t
U.

mechanical

NOTE—-For

is

it

reasons

not

and

Net

order.

position

goods

trative

sold,

exten¬
to cost
announced Nov. 23 by

sion Program—Plans for financing the company's
sive construction and store improvement program,
estimated

an

$6,000,000, were
M. Halle as

stockholders

preferred

Walter

-President

increase in the company's au¬
thorized limit of funded debt from $3,750,000 to $7,500,asked to approve an

were

Appropriation to
price decline

Halle said, is in line with the growth
the preferred stock was issued and
the
debt limitation
of
$3,750,000 was established
in 1936.
Since
then gross book assets have grown from $10,000,000 to over $16,000,000
and should exceed $22,000,000
on
completion of the expansion pro¬
gram,
while sales have increased from approximately $15,000,000 in
1936 to an annual rate of over $38,000,000 at present.
Under a commitment
agreement, Equitable Life Assurance Society
of
the United States has agreed to
purchase at company's request
on
or
before Dec.
31,
1947, $2,600,000 of long-term first mortgage
and
leasehold 3
-3 xk %
bonds.
Of the proceeds, $1,452,000 will be
used to refund an existing loan from Equitable bearing interest at 4% .
*The
bond financing,
plus a bank loon of $1,150,000 recently made,
requested

the

will

aggregate

The

or

bonds

of

unborrowed

any

Equ'table

require

also

may

$2,400,000

standby charge of

a

since

assets

$3,750,000.

company

additional

Mr.

increase,

and

business

on

'<

of 1

%

portion

until

it

purchase

to

before

or

per

Dec.

to

up

an

will

and

1948

31,

the additional $2,400,000
borrowed or the obligation

The

is

Tne

expansion

—V.

comnr'ses

program

Huron

on

times

five

Surplus

Road,

much

as

per

"Compiled
tBa=ed
V.

space

earnings'

of

company,

War

surplus

a

its

Completed

The

in

land.

plant

with

it

the

Government-Owned Plant—
plant
for

announced

was

ft.

sq.

Rapids, Mich., to this
has been approved by

of

cranes,

seven

space,

brick

and

concrete

a

and

was

built

at

cost

a

$170,631.

of

161,

value.—V.

Glorc.
Co.

The

price

sale

is

of

the

ratio of

The

offered

was

did

net

company

has

company

and

at $17

share.

per

arrange

is

for the underwriting of the common
plan of offering any of the 1.880

Coffin, Betz & Sullivan, Philadelphia, in September of¬
8,000 shares (no par) $1.50 cumulative convertible
preferred stock and 16,000 shares (par 500) common
stock at $25 per unit consisting of one share of preferred
stock and two shares of common stock, plus dividends on
preferred stock from Aug. 1, 1947.

fered

1939 to
succeed to the business
and assets of Alpern Associates, who were
interested
in1 the
manufacture
and
distribution of metal reed har¬
monicas under patents
controlled by Harmotone Co.,
Inc., founded
some
years prior to 1939, and
now a wholly-owned subsidiary of
the
company.
The company is now engaged in the production, by mechan¬
ical means, of a diversified line of metal reed and plastic reed har¬
COMPANY—Corporation

was

incorporated

in

in

Delaware

PURPOSE—The

machinery, to
campaign and

net

defray
to

proceeds

the-

5%

be

promotional

working

increase

CAPITALIZATION,

will

GIVING

expenses

$1.50 cumul.
Common

convertible

purchase
of

a

EFFECT

CAPITALIZATION

Bank,

to

preferred stock

15,000

a

share,

but

sales

projected

EFFECT

GIVING

than

$26,729

'___
(no

par)__l___
1

8,000 shs.
•

*140,256 shs.

subject on Sept._ 1, 1947, to options held
stockholder, and Austin Monty, a director,
any time prior to Sept. 1, 1949 for 50 cents
9,900 shares pledged as collateral for
the
a

4%

including

notes

EARNINGS

FOR

CALENDAR

fund

sinking

fund

preferred

Sales

"

-

$205,258

1942
1943

Federal

Taxes'

Taxes

$5,852

___

441,797
-

_____

31,907

$4,472

627,076

________

1944

56,834.'

36.556

826,718

'
(6

months)

♦Loss.—V.

166,

-

p.

24,721

9,167

1,155,057

1945
1946

1947

due 1970
due 1971
($100 par)

debents.
debents.

stock

stock

Common

(no

par)

The

the

common

128,581
*63,874

51,927

320,718

949.




Net

Profit

$5,852
27,434
20,277
15,553

76,654
*63,874
.

brought

from

1,

out

The

3%%
Dec.

24

Nov.

regular

a

15,

(Inc.),

Co.

&

July

for

15

dividend

the first

93%

of

payable
1684.

stock,
1947.—V. 166,

Outstanding

cents

per

Jan.

15,

profit

Common
Earned

pension

_

like

Orders

share

taken

continued

to

bui'd

up

drawings,

patterns

the

during

SHEET,

year

respect of the

orders

in

U.

S.

for

notes),

$192,145;

contingencies,

reserve

$500,000;

amount

of

to

issue

not exceeding

series A, to be sold at 100.32
applied to the redemption of

SEPT.

30,

will,

$1;

outstanding bonds,

due

July

.

charges,

' :f- W-

tax

1,

Coast

189i.

194G

1947
...

$32,888,048 $10,676,256

6,201,325

302,786

Cr83,000 Cr4,800,000

refund

$219,786

refund

of Federal

$1,401,325

taxes 011

a

shares

registration, statement was filed with the SEC covering
common-stock (par 50c).
Underwriter, Lee Higginson

Stock is being sold for account of certain stockholders.

of

the

outstanding

.

1961,

and

3%%

lk % Bonds—

.

bonds^

series C, due
Dec. 26, next, at

been

have

payment

may

1994.

Co.—Stock Offered—Paine, Webber,

Curtis,. Grand Rapids, Mich., on Nov. 12 of¬
fered. 2,359 shares of common stock (par $10) at $22.50
per share.
Proceeds go to selling stockholder.?r-V. 166,
p. 1994. v
_
,<-•••

Jackson

■'

mortgage

interest.

Kalamazoo Paper

.

first

called for redemption on
'
"
be received of the full redemption price,
plus accrued interest to Dec. 26, 1947 upon presentation and sur¬
render
of- said bonds at City Bank
Farmers Trust Co., New York,
N. Y„
Mellon National Bank & Trust Co., Pittsburgh, Pa., or Con¬
tinental. Illinois National Bank & Trust Co.,-Chicago,
111.—V. 166,
1,

Immediate

p.

capital surplus, $3,526,000; earned surplus since Jan. l; 1935, $1',508,T25; r
>

East

(& Subs.)—Earnings—

Jones & Laughlin Steel Corp.—Calls 3

;

•

bonds.—V.-166, P.

charges

Nov.- 10

Corp.

102V2

inventory adjustments and other
stock
(paf value ^l), •■ $460,000;

the Florida

Johnson Bronze Co., New Castle, Pa.—Registration—
On

1947

for possible

the trustees of

loss

300,000

All

deferred

Line RR.,

income of prior years bafteel
upon carryback of operating losses and unused excess profits credits.—
Sales of $32,888,000 were about equally divided between the auto¬
motive
and
appliance divisions and the volume in appliances alone
exceeded by $4,475,000 the total sales of the entire
company in the
preceding year, $10,676,000.
/
During the year the company's net expenditures for capital invest¬
ment
totaled $1,721,964,
despite which the net working capital im¬
proved
$2,680,205
during
the
year,
aggregating
$4,860,965
as "of
Ju'.y 31.
The majority of the increase in working capital was due to
an
increase in long-term debt of $2,288,000 and a refund of Federal
taxes of approximately $2,250,000.—V.
166, p. 1400.

payable,

total, $6,991,818'.—V. 164, p. 2018.

proceeds

:

all

after

"Represents

payable, $115,000:

common

osi.000,0001 of t^c pro¬
mature not later than

July 31—

sales

"Federal

$279,224;
accrued
payrolls aind
advances on uncompleted
excess of• costs accrued thereon, $242,294;
estimated reserves
and Canadian income tax (less $250,075 U. S. Treasury tax
dividends

$169,030;

to

company

bonds,

the

principal

Jacobs Co.

Years Ended
Net
Loss

so company's
Aug. 31, 1946,

total, $6,991,818.

LIABILITIES—Accounts

taxes,

good

and

aggregate

the

3%%

and

Atlantic Coast

(F. L.)

$541,374
460,000
$1.18

ASSETS—Cash, $861,173; U. S. and Canadian Govt, securities, $243,648; notes and accounts receivable (net), $874,694; inventories, $2,605,619;
other
assets,
$65,443;
property,
plant and" equipment
(net),
$321,461;

balance
note

notes out, of the pro¬
by Interstate under the

assume

Jan.

BALANCE

the

authorized

mortgage

interest

in

52,507

backlog of unfilled orders increased from $4,238,782. on
to $5,703,475 on Aug. 31, 1947.
CONSOLIDATED

10

Nov.

on

first

to

331,000

$709,893
460,000
$1.54

I

shares outstanding
per

issued

be

to

rfunding

for

Inters'ate, f!!«d with
other things, for

among

new

Seaboa'-d Air Line RR. and Southern Railway were authorized
obligation and liability, jointly ancl severally, as guarantors,

Ry.,

—

74,192
463,000

income (est.)

_

ICC

accrued

The

4,408,083
658,070

7,164

plan premiums
on

31,

and

$5,991,034

accounts

Canadian taxes

securities

of

and

of

provides,

proposed

the

5'> series, due
first mortgage

notes.

reorganization
1947,

29,

of

bonds,
repledgc the

new

Jacksonville Terminal Co.,—Bonds Authorized—

Mo's. End.
30/47
$5,897,644
93,390

5,921,776
926,176

sold
doubtful

the

for
Oct.

on

proposed

notes

The

(& Subs.)—Earnings—

$8,102,201

for

issue ancl sell

to

mortgage
to

proposes

the

for

plan

sale

first

Interstate's

of

$2,000,000

of

the

of

Net

income

Provision

amended

$4,000,000

share was declared on the
1948, to holders of record

$7,982,609
' lift,592

Selling and admin, exps

plan

the maturity of Interstate's presently
promissory
notes
aggregating
S3 000.000 clue
same banks and collateralized by in equal

by issuance of a new
1948.—V. 166, p. 1580.

p.

12 Mos. End. 9

goods

bankers with
William blair &

the

by

plan,

and

sales

of

and

Notes—

company's

posed

Aug. 31,'47 Sept.

Cost

the

amended

dividend of 50 cents per
1948, to holders of record

Period—

Other

pro-

1967.

quarterly

payable Jan.

Industrial Brownhoist Corp.

Net

Mr.

ihe

that

were

notes,

Interstate

Commission

ceeds

payment makes total dividends of $1.90 per
1947 earnings as follows; 45 cents per share paid

preferred
31,

earlier

extending

of

held

collateral

as

An

second quarters, 50 cents
per share paid Oct.
15 and Jan. 15 for the third and fourth quarters.
The directors believe- that
the present level of operations
warrants
placing the common stock 011 a $2 annual dividends basis.
and

15

April

on

com¬

b.y Chicago investment

Hall

approved

collateral

amount

the

Declared—

stock,

20

purpose

1947,

retirement

This

1947.

31,

declared

share

declared

directors
on

Dec.

the

said

year,

19C4.

p.

promissory

1957.

a

Common Dividend

$2,019,579;

YEARS

Profit bef.

166,

Nov.

on

the

1,

bonds

$66,600,000
$52,267,101
15,000,000
15,000,000
25,000,000
25,000,000
320.000 shs.
100,000 shs.
4,600,000 shs.
2,445,456 shs.

i

year

sinking

2%%

Net

7,500

__.

due 1949, held in equal amounts by J. Griffith
Boardman,
Fifst
Vice-President ahd director;
A1
Paul
Lefton,
a
director, and Horace P. Liversidge, a stockholder.

—

one

if

greater

the

managers

Jan.

OFFERING

THIS

TO

SEC

for

later

not

maturing

loans

2%%

U. S. and

OF STOCKS.

shares

Liversidge,
therefor at

subscribe

$7,500

etc.,

Retirement

TO SALE

stock-(par 50c )•___•

"deluding
Try Horace P.

additional

capital.

equipment notes payable due 1948-55
notes payable due 1949
1

4%

to

used

Harris,

Co.,

principal

proceeds ($3,750,285) will be added to and become a part of
capital of the company.
From its working capital the
to borrowers in the usual course of its business.
Ap¬
proximately 95% of the assets employed in the business are cash and
customer notes receivable.
No appropriation of the proceeds of this
issue to a speeific purpose has been or is to be made.
lends

Total

monicas.

&

collateral

Dec,

working

company

of

and that the entire proceeds will be used
plant expansion.
It is believed the offerings will take place

outstanding

present

no

The net

the

non-

methods

these

each in the principal amount of
$1,500,000,
annually payable at
bearing interest at the rate of 3%
maturity, and maturing on April 15,
1948; one of the notes to be
sold to Chase National Bank New York, and the other to Manufac¬
turers
Trust
Co., New York.
The proposed issue ancl sale of notes

shares.

unsubscribed

been

throughout

materials

financing

the

syndicate

The

record Oct. 29,
Rights expired

ten shares held.

share for each

new

one

stock

The

17.

issue

to

or

of

one

have

could

years,"

prst

adequate

jn January.—V.

stock out

common

to common stockholders of

the 222,485 shares offered

in

share

Philadelphia—Stocks Offered—

with

about

finance

to

per

for 220,605 shares of

received

Subscriptions were

on

Harmonic Reed Corp.,

to

also estimated

company

had

Forgan

as

two

a

208.

p.

the

marketing would be headed

d

pos

Corp.—Stock Subscriptions—

Household Finance

Nov.

stock

common

resort

may

%

3%%

10.

Nov.

on

includes

property

32,184

Big

In

$95,955

and

Interstate Power Co.—To Issue

site.

appraised fair

present

tool

operator,

1942,

building

■one-acre

the

war-time

Administration

Assets

factory

machine

in

$100,000,000."

additional

sell

to

debentures,

had

Doc.

Ilanchett Mfg. Co.—Buys

to about $85,000,000.

comparison

Details

f$5.67

Authorized

Sale

financial circles in the last month,
Mr. McCaffrey's statement
Stockholders of record on
Dec. 9 will be mailed proxies for the meeting about Dec. 12.
issue will be offered initially to present common stockholders.
market conditions change, Mr, McCaffrey said, the company
discussed

less than

be

McCaffrey.

reports,
tNot stated.
share ai'e $1.89.—-

quarterly

month to g'jet
McCaffrey,

next

its sales for the year would
about
$739,505,000, the largest in histcry and
a
65%
increase
$482,328,000 in
1946.
The
1947 total,
"while quite gratifying

pany

660,7 49

$2.43

the ,ipo'mpany's
shares, these

from

2,057,247

1355.

p.

in

$2,542,756

$2,770,406
J_

2.057(247

on

166,

1633.

166, p.

1,542,9-36

share

common

meeting

debentures, John L.

21.

Nov.

amount

"will

Meanwhile

2,485,840

outstanding

shares

Earnings

Financing—•

New

Co.—Plans

of convertible

financing,

authorized

now

V.

See

stockholders'

a

consider increasing the
stock will be issued as
166, p. 2104.

to

1948

to

it

convertible

an

Cleveland,

selling

is

call
issue

an

13,

additional

Harvester

will

for

announced

new

from

period

for

Common

Jan.

The

approval.

financing.

$4,847,224
761,532

stock

Common

meet

their

Should

315,000

$6,017,778
761,532

dividends

preference stock
dividends

Convertible

stated:

20

Nov.

75%.

about

or

earned

to

Dividend of $1—■

stock

proposed

on

by

that

total

transferred

the

will

stock

expected

$8,090,792

4,500,000

profit,

$17,610,802 $13,115,986
1,432,407
1,432,407
$12.29
$9.16

possible after

company

The

was

2,928,569

:

net

of

Balance

stock

ll-storv building now under
adjoining the main store, to
as
the building it replaces;
major improvements in the main store, including new escalators and
elevators;
a
modern
two-story
store
under construction at Shaker
Square, and a 7-story service building on Prospect Avenue next to the
Huron-Prospect building. The latter two buildings are being privately
financed
and
will
be
leased
from
the
owners
by The Halle Bros.
The

have

with

stockholders

as

authorization

inventory

future

for

reserve

1947
1946
$29,021,302 $22,127,486
11,410,500
9,011,5(50

taxes

income

Subs.)—

(&

Corp.

Machines

Sept. 30—

President,

outstanding

year on

terminated.

construction

-

490,000

taxes

tax

income

Federal

exceeding $1 per

noc

Business

quarter.

$7,697,144
393,648

6,571,000

Pennsylvania income

surplus

The

pay

$17,578,778

income

of

distribution of 75%; Thos.
"When the stockholders
approve the increased stock, and the stock split-up becomes eifective,
the directors
will declare
a
first
quarter dividend
for 1943 on the
outstanding
stock
(which
will
include
the
new
share)
of $1 per
share, payable March 10,
1948 to stockholders of record Feb.
1'9,
1943."
This would be equivalent to $1.75 per share on
the presently
outstanding stock which has been
receiving $1.50 per share each
connection

The- new

Total

000.

of

(net)

income

Other

aggregate

an

underwriters
common
in con¬
who are
share.—V. 166, p. 1994.

charges

Watson,

t

65,183,298

own

that the several

Increased Stock to Receive Quarterly

is

Arranged for Expan¬

Halle Bros. Co.—New Financing

of

NASD

Canadian

President,

$17,059,478
519,300

operations

Profit from

to

are

(5)

profit

In

J.

*1946
t

__

shipping, selling,
and general expenses

of

Cost

possible.

as

the

International

alphabetical

returns and

less discounts,

sales,

and

Capital shares! outstanding
Earnings per share

$141,200;

1947
allow.
$82,242,776
adminis¬

Nine Months Ended Sept. 30—
Gross

stock;

public

a

Sub.)—Earnings-^-

Hershey Chocolate Corp. (&

always

alphabetical

to arrange companies in exact
However, they are always as near

of

after

S.

soon

possible

company

underwriters

the

common

Nine Months Elided

Summon
nflTrTli
iX
*°r cointing.encies, $.00 000 common stock ($5 par), $1,422,065, suiplu,,
$2,640,858, total, $6,909,195.—V. 166, p. 268.

6%

stock,

make

International

(other than Federal

$151,251; notes payable to bank. $610,000; mortgages payable,

'

to

members

and accrued expenses, $1,302,292;
within one year, $120,000; mortgage instal-

noTeHak feriefG X

™y

Mutual

par'

and accrued interest.
■:
Company would use $500,000 of the proceeds to pay off its
'and the remainder for general corporate purposes.—V. 107,
waukee, at

-

payable

to bank due

payable

ments due within one year, $4,600; accrued taxes

askehd SECdermis* ion ^to**issuetnd°2
teries

$1.83

the

offering of the 26,194 shares of
stock at an
initial public offering price of $22.75 per share,
nection
w.th which a
concession may be allowed to dealers

1947

26,

july

sheet,

balance

LIABILITIES—Accounts
notes

Gas Co.—Proposed Financing—

(Mont.)

$1 83

$1.03

_

bed

shares of

propose

$$,909,195.

2103.

p.

Great Falls

$1 03

"""

iimubscr
26,124

ASSETS—Cash in banks and on hand, $1,014,320; sundry accounts
receivable, $468,128; .inventories, at cost or market, whichever is
lower, as determined by the retail method of accounting, $3,865,559;
iaTlcl and binkiings, at cost (less reserves for depreciation,' 34,526),
$297,659; furniture, fixtures, equipment, building and leasehold improvements, and leaseholds, at cost (less reserves for depreciation
and amortization, $1,851',.>42), $839,721; cash iunds held by bank as
security for customers' insta-ment accounts old with guarantees, $51,884; miscellaneous assets, $75,291; deferred charges,' $296,633; total,

this corporation, on Nov. 22 an/nounced the appointment of Robert A.. Shaffer, President of the
Shaffer International Corp., of
Washington, D. C., us Washington
representative for foreign and domestic national government sales.

-

284;413
284 413

months only

consolidated

President

Frazer,

W.

142,'206
284 413

"'Includes profit on sa e of real estate, $391,399, and in the 12
$41,044 profit 011 sale of U. S. Govt, securities.
tLoss.

"

Appointment

4,1 Joseph

<K520 7fin

"stock"::::::::::::

paid on common
.h;..P!! nuutanriina

Earnings per share

respectively.

inches

_

<R9q2 842

nprinr)

fm,

235',000

-

.

Pnhil.nl

with a tilling width of approximately five feet.
fhich about 40,000 have been sold to date, have

of

and

20

:

b^'477
t755 76n

Federates"' lOs'.OOO
nrnfif.

.

N

machine

tractor-drawn

=>99 477

423,551
t397 842

inpntno

prov

have^a variable

•

239,553

$233,282

sale of.ieal estate)

holders, it was announced on Nov. 24 by Joseph W. Frazer, Chairman and President.
The company's engineers are now engaged in
recle.sJW
®a.chines for assembly line production and to conform 111 appearance anci
performance with present models, he revealed.
The two new models are a small rototiiler which win
cut that can be reduced to as little as eight inches, and a ueid-size
the

from

133,671

$$25,709

by

offering

the

to

outstanding common stock of 214,451

^
l4*7SH?5 31,?SJ?S4
75,802
149,180

"'Other income, net (inc.udes $3J1,399 profit 011

fnv

..irrhic;

sales

and

manufacturing

acquired

rototillers

model

to the holders of' its
shares of common stock, 162,958
shares
have
been subscribed for,
and tne remaining 51,493 shares
of
unsubscr.bed
stock
are
to be purchased by tne
several under¬
writers.
Subscription rights expired Nov. 19.
The company is advised 1.1) tnat Blyth & Co., Inc., for the accounts
of the
several
underwriters, have purchased at prices of one-eighth
and one-sixteenth of a point, and for a total price of $24,290, sub¬
scription warrants entitling them to subscribe for 86,591 shares of
common-stock;
(2t
that sa d subscription warrants have been exer-N
cised;
<31
that Blyth & Co., Inc., for the accounts of the several
underwriters,
prior to the expiration of the subscription warrants,
soid on
a
delayed delivery basis a total of 111,890 shares of com¬
mon
stock,
at
pr.ces
ranging from $22.25 to $22.50 per share, for
an
aggregate
of
$2,509,129;
in
connect.on witn wnich concessions
between
r<5
cents per share and $1
per-share, aggregating $99,699,
were
allowed
to
dealers, including underwriters;
(41 that after the
foiegOiiig transactions by the underwriters and the acquisition of
Pursuarit"

•

■

6 Mos.
1!2 Mos.
$16,445,6o4 $34,788,123
14,850,269 31,449,0/8
114,737
257,838

profit

operating

.

has

corporation

new

-

Co.—Stock Subscriptions

Indianapolis Power & Ught

Subs.)—Earnings—

.

General taxes

rr,,,rt

.

,

Rights to I wo

Graham-Paige Motors Corp.—Acquires
The

•

.

nnr

New Rototiller Models—
•two

■

Total ___
Cost or goods sold and exps
Depreciation ancl amortization

'

_

■

■

Period End. July 26, 194<—
Net sales (inc . censed departments sa es)___
Net sales (exc licensed departments' sa.es)—
Income from licensed departments

months ended
fiscal year have

first month of the current
satisfactory profit.—V. 161, p. 2108.

,

'

t

the two

for

stated

the

for

'"

'

1947,

16,

cents paid in 1946.
that operations

with 30

compared

as
>■

special

a

stockholders

to

■1

Hearn Department Stores, Inc. (&

share, payab'e Dac. 30,
and contemplate that
payment of future dividends will be made at the end of calendar
•quarters beginning March 30, 1948.
The special dividend will make
a
total payment of 85 cents per share in the calendar year 1947,
declared

1947

Monday, December 1,

CHRONICLE

THE COMMERCIAL. *& FINANCIAL
<

(2210)

■*.

&

.

Volume 166

Number 4651

THE

STATEMENT

.Kendall Co.—Opens New Factory in Mexico—
Completion
Calle

on

S.

A.,

of

open.ng

modern

new

a

Coiegio, Mexico City,
subsidiary, was announced

a

The

and

del

factory

in

sales

and

Black

Bauer &
November.

by

de

office

Mexico,

/

adequate

to

meet

the

increasing
demand
for
Bauer
&
products.
All
present
operations
will be transferred
to
the
building.
The Mexico City p:ant concentrates most of its man¬
ufacturing and sales facilities on surgical dressings, elastic good., and

new

foot

products."

In

Cuba,

by

and

to

its

the

Mexico

include

company

Toronto,

City

Canada.—V.

plant,

other

Buenos

166,

of

receivable

dies

Inventories
Or

(less

collectible
lower

at

from

of

customers

cost

Prepaid
Other

77,452

(first-in, first-out)

prior years' Fed. inc.

and

assets

taxes

732.000

95,846

92,697

475,544

556,046

2,609,199

2,422,958

—

(less

3,554,085

x

taxes

reserves)

Cash

$9,901,249

S.

U.

Other

Keystone

Steel

Wire

&

Co.—Stock

Offered—Paul

H.

National Lock Co., a subsidiary of Keystone.

"The

shares

41,270

issued

and

First

5%

estimated

for

Capital

of

term

the

notes

of

to

the

Bank

pfd.

stock

($1

oi

Co.

(68.43%

steel

owned >]

and

wire

of

Savings

and

Co.,

also

and

Bank

of

Mid-States

engaged

in

83%

at

of

the

products.

the

wire,

company's

staples,

and

cnuse

Trust

welded

St.

Loub,

and

constituting
sold

to

111.

Steel

and

(National

Wire

Co.

sale

and

consisted

road

the

sold

company's

and

of

wire,

steel

$9,870,598

Most
17*7/

nails,

and

jobbers

the

of

stucco

for

for

the

which
barbed
resale

lor

netting

and

for

con¬

resale

semi-finished

sales

of

steel

products,

period,

same

were

SUMMARY, YEARS ENDED JUNE 30
Per Share

Per Share

$0.99

number

average

weeks

ended

of

Nov.

1,

$0.95

1939

927,542

1.22

0.55

1940

1,880,147

2.48

0.85

1941

.2,152,375

2.84

1.00

1942

2,317,280

3.06

1,419,339

1.87

$

2.06

1945

48,218,892 624,076,227 456,226,558

Kroger

in

stores

2,536

was

operation

d'"-ing

compared with

1946, a decrease of 4%.—V.

2,639

166, p.

—Sills, lVfinton & Co., Inc., and associates

The

stock

shgre

for fluctuation in

1,615,724

LISTED—The

outstanding

listed

are

the

on

Dec.

31,

to

be

Davis

&

by

A

%

of

to

up

and

stock,

common

1951, into

and

dends

in

a

each-

on

and

to

up

the

Provision

case.

equal
for

of

thereafter

Dec.

is

31,

made

solution

lessor

calendar

of

u

&

or

25

into

1949,

to

up

credit

Dittmar

&

agent,

and

to

the

(a)

10%

of

last

expired

price

$15

and

Illinois

to

in

share,

per

Continental

1S46

1947

U.

plus

Stock

Demp^ey
John

&

Ka.man

(Inc.)

2,500

Inc

equal

National

Bank

&

Trust

to

dis¬

A.

E.

&

l.bOO

Win.

1,500

&

Newhard,

1,750
Evans

Wheelock

Co.,

Co.,

Mast

1,500

Corp..

letter

a

to

rn

R.

1,000

Co

Cook

&

1,000

Co..

1,000

& Co

Staats

1.000

Co

$16.50

at

lows:
to

(1)

New

York,

Airey, President,

Oct.

on

10 said

Shortages
suffered
of

serious

no

part:

working

capital

interruptions

and

sales

at

were

all-time

an

peak

the

long-term

view,

the

maintained

company

deliberate

a

retarding upward adjustment of selling prices. This was the
accounting for a lower rate of net income compared

biggest factor in
to

prewar

and

Such

years.

increases

policy

a

incentive

toward

strengthens

customer

relationships

economical

more

operations, with re¬
ocmpetitive
postion.
During
year the net income rate showed an upward trend and operating
efficiency increased as this policy demonstrated its effectiveness.

sulting

improvement

the

in

company's

the

income

Net

share

This

on

a

in

net

refund

final

income

credit

Bank

First

was

wiih

under
for

$43,811

arc

1945.

an

rate

Net

deducting
a

and

the

treasury

at $11.50

50c

the

but

less

96

cents

share

a

at

renegotiation

fiscal

than

GIVING

1945

year

the

statutes

amount-provided

National

for

Bank

$2,500,000

deferred

bonds

of

will

the

be

for

Detroit,

used

tem¬

during the

repaid

was

of

year.

interest,

was

-1 '/2%

1 '/4

be

like

a

a

as

shares of

2,240

(2)

fol¬

applied

amount

share, of
series;

used

for

additional

in

the

form

of

cash

notes

or

or

EFFECT

TO

PRESENT

retired

payment
three years

at

from

in

$7,800,976

the

par,

book

to

$3,675,000

Unlimited

440,000

payable—current

subordinated

serial

pfd.

conv.

stk.

notes

($10

$500,000

par)

Oper.

par)

400,000 shs.

*143,418 shs.

Class B com.

stk.

(no par)

7,500 shs.

*On Oct.

1,

1947, company called for redemption on Nov. 1, 1947, all
of the then outstanding shares of cumulative
preferred stock ($5 par).
During the period from July 1, 1947, to Oct. 21, 1947 (last date on
which

conversion

stock

and

to

At

in

of

the

Nov.

necessary
to effect the
stock as of that date.
tDue

23,970

number

143,418

to

outstanding.

exercisable), 23,9,70 shares of preferred
shares of class A common stock,

were

into

the

2,240

increasing

stock

rights

converted

were

reducing

1,

shares

number

1947,

redeemable

of

the

redemption

shares

company

and

Nov.

on

of

class

had

retirement

1,

A

common

taken

of

the

1947,

all

steps

cost

preferred
of

$37,163.

fund

value

of

stock

common

is

stock
On

provisions

were

Jan.

of

purchased

1,

1948,

the
in

preferred

the

market

the conversion

installments

Dec.

31,

1949

to

Dec.

preferred stock changes from the present 1 '4 shares of commonshare of preferred, to one share of common for each share
preferred and the redemption pi ice changes from $22.50 to $21.5C
each

preferred

31,

1954,

UNDERWRITERS—The
of

shares underwritten

by

of

names

each

are

the

ACCOUNT

FOR

YEARS

ENDED

JULY
1C47

Net sales

Sills,

Minton

&

underwriters

and

Straus

Dudley H. Waters & Co.—
Chace, Whiteside, Warren

7,000

Woodard-Elwood

&

Co.—

5.000

Depletion

on

income

disposal

1

Depreciation

and

Interest

and

for

Estimated

Inc

5"

Edwards & Sons

G.

o

Belden,

Sears,

Inc

3,000

Inc

14,688,938

19,717,127

366,771

240,548

467,515

295,682
$14,992,898

280,262

Federal

217,686

352,899

301,086

2,432,153

2,277,778

3,076,441

3.049,031

262,500

217,500

340,591

—

taxes

262,294

108,000

108,000

144,000

144,000

3,945,330

3,509,580

5,016,142

4,779,251

$7,303,638

$4,658,774

$3,440,738

$6,457,224

BALANCE

SHEET,

__

income

on

Net

income

—

-

plant and equipment,

ASSETS—Property,
securities,

$3,474,526;
deferred

notes

and

materials

lesso,

$23,106;

$11,904,907;

and

accounts

$2,440,912;
or

cash,

$67,870;

$30,000;

C,

U.

supplies,

items,

Treasury
(less

appliances,
total,

miscellaneous,

tax

series
$71,132),

notes,
of

reserve

etc. (generally at cost
other
current
assets,

$243,996;

$336,553',

1947

30,

$131,911,799;

S.

receivable

prepayments,

debit

SEPT.

$150,433,669.

LIABILITIES—Capital stock ($10 par), $54,990,000; earned surplus,
$7,642,*750; notes payable to banks ($1,500,000 matures within one
,

$26,500,000;

payable,

accounts

for

construction,

tion

aid

in

notes, $324,361; customers' advances

$846,594;

etc.,

depreciation, depletion and amortiza¬
accident
and
surplus
reserve,
$1,550,125;

$48,647,381;

reserve,

contributions

$2,046,755; customers' deposits,
$4,886,836; other taxes, $1,097,390;

income,

interest on customers' deposits and

of

construction,

V.

166,

$343,738;

total,

$150,433,669.—

1152.

p.

Longines-Wittnauer Watch Co., Inc. (& Subs.)—Earns.
6 Months Ended

Income

Shillinglaw,

Bolger

&

Co.

2,000

3,000

Net

setting

occasioned
in

the

oper.

expenses

Total

oper.

expenses

$791,966

1946

$1,091,043

income.

oper.

1944

$581,582

749,385

460,765

392,470

$341,658

$202,001

$189,111

54,364
taxes.

75,485

29,494

111,996

72,338

45,418

$154,175

$100,168

$58,045

_

income

Net
-V.

166; p.

lesser

sales

$1.24

"The

differ¬

method

new

adopted

was

during

believe,

non-recurrent

for

we

of

this

perTotl

this

November

year

the

is

greatest

system

continue

seven

remains

the

delays

months

tho

of

greater than sales for the
while the present backlog of
company's history despite the

year,

in

the

in

still

the

sales

somewhat

preceding

allocation

to

already

were

the

of

orders

necessary

the

1.

substantially

The

force.

allocation

system

greater

the

found

has

company
as

than

demand

for

it
its

production."—V.

the

3395.

p.

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

of

output

this

week

compared

as

last

the

for

company

kwh.,

34,922,000

corresponding

year,

an

week

ended

Nov.

31,844,000

with

increase

22,

kwh.

9.7%.—V.

of

for

166,

p.

1947,
the
2105.

At

Lowenstein
meeting

special

a

adopted

Employees'

an

and

officers

certain

and provides
employ.

the

total

of

plan

options
the

of
not

on

employees

additional

on

the

the

become

may

three

part

and

issued
of a

1949.

stockholders
it possible

owners

continue

to
be

makes

periods

1948

Option Plan

common

which

incentive

1947,

Stock

—

20,

Plan,
to

shares

common

the close of

board,

Nov.

Option

shares during

a

toward

allocated

will

60,000

$21

at

beginning

Sons, Inc.

&

held
Stock

in

and

few

of

the

tho
com¬

sold under
weeks each

Directors have

Leon Lowenstein, Chair¬
Archie O. Joslin, President,

recommendation of

who,

together

with

participate in the benefits of the plan.—V.

166, p. 1685.

85,647

101,435
$163,986

income

of

as

fiscal

unfilled

A

1945

$662,767

472,180

Other deductions

states:

in part to a
adjustments which

somewhat

$525,692

$1.09

board,

attributed

the

to

$464,821
shares

the

of

by certain temporary and,

months

pany's

$319,785

—

1946

Not

Stated

manufacturing program.

present

165,

be

for year-end

part

"However,
seven

taxes
common

Chairman

may

reserves

in

and

400,000

on

Cartoun,

earnings
up

and

year

charges

share

Fred

in

ence

after

per

M.

Mr.

business

Year's Ended Dec. 31

June 30,'47

Tolal

1947

$779,808)
314,987 (

profit

Earnings

for

6 Mos. End.

Subsidiaries)

Sept. 30—

charges

taxes

(M.)
2.000

CONSOLIDATED INCOME STATEMENT

Federal

after

Profit

2,500

cago

soon

Sherrerd—

&

&

&

1356.

McBee

Co.,

Dayton,

O.—Places

Loan

Privately—The

manufacturer of special office equipment, it
Nov. 26, has arranged term loans with

company,

announced

was

estimated

to

v/ar

of

and

$20,196,665

$13,345^500

17,669,949

12,823,429

375,831

273,193

723,257

postwar

income

taxes

adjustments

dividends paid:
per

paid.

common

1947

needs of its
1946

37,390

Net

sales to

Other

customers, less discounts and allow.

income,

less sundry income deductions

$62,651,192
14,817

$41,735,579

Cost"

income

of

sales;

trative

$62,666,009 $41,821,245
including

expenses

Prov.

for deprec.

Prov.

for Fed.

discounts

and

of prop.,

and

selling

Can.

and

adminis¬

received

on

Earnings
53,991,852

plant and equip

taxes

37,688,302

744,714

488,036

3,120,000

income

1,451,000

Cr732,000

Net

income

:

Earned surplus, Jan.

share

,::Loss.




$707,461

$4,809,443

$2,193,907

17,112,528

1

13,863,521

$470,231

90,217

Dividends

stock

$0.96

30
divs.

peyt-com.

Working cap. on

paid
share—
June 30

Earned

common

surplus, Sept.

Number of shs.

Earnings

per

of

com.

common

30—,—

.

1,615,860

1,210,395

$20,306,111 $14,847,033
stk. outstdg. at Sept. 30
807,930
806,930
share
$5.95
" ' $2.72

1945

1944

$20,667,848 $21,704,255

610,826
187,407

308,445
144,909

226,177

104,672

73,055V3

5,376

5,814 Vs

5,8015/a

$32,130
$2.24
1,671,137

$33,615
Nil
1,161,962

$34,849
$1.45
636,399

$29,795
$1.57
318,787
6,000,000

None

3,097,000

6,000,000

bonds

on

June

30

5,320,014

705,799

2,772,578

2,127,823

Backlog

on

June

30

36,946,114

36,939,108

50,469,798

32,817,G2-4

Bank

loans on

June 30-

Cash

on

97,873
201,458

$21,921,971 $16,057,428

*491,134
*226,134

outstdg.

shs.

June

Preferred

taxes
outstdg.

30

June

Earns,

Total;.

308.613

$1.59

shares

on

1946

$6,562,001

5,355

after

Common

taxes—

835,870
M<540,870
226,387

before

Earnings
on

1947

$11,172,427

Sales

Preferred

re¬

Aircraft Corp.—Annual Report—

McDonnell

85,666

Years Ended June 30—
Total

Cr250,000
——

dividends

Nine Months Ended Sept. 30—

$500,000 to meet the
expanding business.—V. 165, p. 1730.

Co. of New York in an aggregate of

Subs.)—Earnings, Etc.—

450,000

taxes

income—

income

Preferred

Federal income

Federal

(&

88,317

16,804

refunds

for

stored

Earnings

expenses

expeuse

Provision

*10,744

976,620

(other than depr.)
amortization of properties

administrative

$13,267,927

69,090

properties

income

Common

1946

85,563

of
^

Manufcct'g cost of goods sold

Net

1947—12 Mos.—1946

10,915,383

$14,331,883 $10,989,318 $18,370,811

abandonments

Lease

First Securities Co. of Chi¬

5,000

& Goodwin

Butcher

No. of Shs.
Frank

Buckley Brothers
Bond

number

16,000

Co

Blosser

&

the

30,500

Co

Edward D. Jories &

Link-Belt Co.

31

$20,042,012

Profit

Other

Reserve

Sub.)—Earnings—

the New York Trust Co. and The Mutual Life Insurance"
INCOME

Selling

credits—.

charges

Income

follows:

as

share.

Total

1947.—

15,

$13,965,112 $10,748,770 $17,903,296 $14,697,216

Depreciation

products

rate

the

(&

15,443,977

income

customer

semi-annual

inclusive.

Net

purchase

Dec.

on

$29,409,0^9 $21,664,153 $37,620,423 $29,386,154

___

income

income

Gross

man

the

(EST)

p.m.

1947—9 Mos.—1946

deductions—

rev.

Other

7,500 shs.

the

After

revenues

Operating

90,000 shs.

($5

to

at

3

500,000

100,000 shs.

stk.

A

cannot

$8,099,707.

before

or

End. Sept. 30—

Operating

Outstanding

Unlimited

payable—current

notes

acquired

indenture,

at

Star Gas Co.

Lone
Period

FINANCING

com.

Class

A.

amounting

the former Central Specialty Co.,
terms

was

received.

was

Y.,

1994.

(Exclusive Swiss
notes

on

surplus.

Bank

and

S298.731

stock

with

shares of

1,790

for

per

convertible

company

$27,800.

preferred
share.

retired

the

to

increased

accordance

stock,

bonds

obiigation of

of

assets

$16.29
(In

5%

According

anticipated,

annual

of

CAPITALIZATION,

was

or

Manufacturers
Arbor

Ann

the

the

earned

to

The

and

mortgage

$83,400,
in

$707,461, or $1.59
preferred stock dividends.

$470,231,

porarily to the extent of $1,000,000, which

be

1947,

deducting

of

company

credited

was

of

Detroit

The

July 31,

After

settlement

required

and

year

the

1947,

will

loss

the

of

when

line

at-$1.217,750)

No. of Shs.

liability

cleared

A

1,

stock,

stock.

common

that

stock.

with

resulted

All

ended

year

from operations of $511,769 in the previous
because of tax refund and use of reserves previously pro¬

which,

vided,

the

common

compares

year,

The

ior

so

N.

receivable.

75c'cum.

$20,042,012.

Taking
policy of

reimburse

Nov.

on

preferred

accounts

+33/4%
in

wages and salaries, rising costs of materials and adjust¬
selling
prices
presented
problems
at
different
periods.
of materials continued to be troublesome, but production

of

(estimated

Authorized

Increases in

Logansport common stock desiring to accept the abova
by depositing their certificates with Bankers Trust Co.,

do

p.

year),

$25,760 to

redemption

cumulative

1,000

King-Seeley Corp., Ann Arbor, Mich.—Ann. ReportJohn

financing of purchases and sales of personal

handled.

18 Jl.

p.

of

may

166,

Nov.
14,
1947,
Schenley
Distillers Corp.
has;
from stockholders of Logansport Distilling Co.,
holdings of the common stock of the latter company
share less cost of transfer stamps.

$1,557,739; Federal taxes on

2 % -2 '/» ri<

ments

made and

in.

166, p. 1357.

dated

per

Holders

BUSINESS—Corporation

the

are

is

shares

their

offer

1,000

Cummins, Inc.

&

loans

and

$444,500

and

6,114

purchase

of

all

Inc..

CONSOLIDATED

1932.

PURPOSE—Froeeeds

1,000
1,000

C. Roney

Wi lit

small

1946.—V.

by

1947

in

1947

in

((Represented

notes.

1947 and $612,537

in

$9,629,447

of

$56,601

Logansport Distilling Co., Inc.—Offer Expires Dec. 15

of

Co.

as
radios,
washing machines,, refrigerators,
etc.,
and
Company and its subsidiaries operate 38 offices in Illinois,
Maryland, Michigan, Virginia and .Wisconsin, through which

property

deducting

tax

and 7,114 shares in

Co.

1,000

.

Inc

&

en

Trust

depreciation

ease.

such

livestock.

1,000

-

Co.

&

Lester & Co

2,500

Co

A.

number

Co

Cleveland

First

Co. (Inc.)

Inc.

166,

the

1,

under

ances,

and

Dunbar

B.

Dec.

Indiana,

Mason-Hagan,

The

of¬

follows:

4,500
&

shares

Exchange.

Underwriters

as

are

the

AND

Northern

accounts of $688,600

ior

J After

net

of

involuntary
dividends in each

doubtful

reserve

Treasury

after

amount

tAfter

S.

a

consolidated

an

case

for

reserve

in

including

was
incorporated in Dela¬
Company is engaged in the business of lending
provisions of State
"Small Loan Laws,"
and of
iinancing. the purchase and sale of various types of personal property,
such as new and used automobiles, farm
equipment, household appli¬

money

(including

Registrar:

HISTORY

ware

5,330

Co

Clement

Drll 1,363

$46,791,391 $38,716,831

—

one

sinking fund
commencing with May 1, 1951,
a

liquidation,

or

redemption

liquidation, to

Transfer

1.20

5,360

Co.

Republic

—V.

1,307,949
153,382
15,399,544
14,847,033

97,893^

treas¬

as

-

1946.

into

then

year

dissolution

current

Chicago.

3.00

4,500

Allyn

&

15,399,544
20,306,112

exchange—

(issued 81.4,044 shs.)

reacquired and held

in

common

1953,

for

of each year,

1

the

to

the

voluntary

then

2.20

Corp
Jackson

Central

Loewi

Canadian

other

surplus

1946.

In

deducting
therefrom the amount of dividends accrued during such calendar year
on
preferred
stock
outstanding during such calendar
year
or
lb)
the
sum
of
$100,000.
Entitled, in preference to common stock, in

3.01

Co

Cure's
C.

and

stock

After

in

stores

Nov.

on

including Dec. 31,

and

share of class A

a

including

before May.

or

sum

earnings

2.13

the

of

each

Weeks--.

Webber,

York

names

purchased

Securities

Hornblower &

A.

856,045

3,385,511

income

declines

value

par

no

SCosl of com. stk.

1581.

stock, and there¬
% of a share of
class A common stock.
Redeemable at the option of the company or
through operation of the sinking fund at $16 per share on or prior to
Dec. 31, 1949; and at $15.50 per share after Dec. 31, 1949;
plus divi¬
after

9.74

shares

common

New

UNDERWRITERS—The

Paine,

stk.,

623,893

3,726,823

Dr95,713

Reserve

V.

convertible

is

class

of

2,777,605
__

Ii.

403,465

605,947

i^e

publicly offered 90,000 shares ($10 par) 75 cent cumula¬
tive convertible preferred stock at $15 a share.

6,037,002

1946
1947

Union

1,067,735

774,034

taxes on

inventory price
contingencies

Common

$2,475,265

$4,285,123

1

than Fed. taxes on income

Can.

for

1,15

Paul

494,390

$46,791,391 $38,716,831

payable Dec.

$10,055,062

$

Liberty Loan Corp., Chicago—Preferred Stock Offered

case

1.05

1,561,319

shares

on

taxes other

for

offered

1.25

1943
1944

of

1,000

accrued liabilities
sales contracts

and

dividend

Reserve

*

1947—44 Wks.—1946

$

1947,

during the same period in

reserve

subsidiaries.

EARNINGS

1947—4 Wks.—-1946

prod¬

of

dealers

to

$752,471

fered)

payable

tProv. for Fed. and

ury

62,452,927

The

manufac¬

Dividends

a

103,977
1,455,715

$9,901,249

Sales

(77.41'f

of fence,

types

sold

Amount

of

4,028,117

95,189
1,819,388

—

Lock

steel

of

finished

was

dealers

to

v

various

gates

balance

building.

approximale

the

line of

1938

of

387,647

—

^

$

of

for

111,200

1,819,520

Kroger Co.—Current Sales Increased 30%—

four

Ihe manufacture and

in

third

sales

posts

of

fabric

CONSOLIDATED

a

Prov.

83,400

1,783,720

value)

par

value)

par

Period End. Nov. 1—

and

subsidiary, Jefferson Trust
owned), is engaged ,in the general
During the fiscal year lo47, approx¬

brand"

mesh,

portion

concrete

struction

stock

_o..k,

Co.,

subsidiaries

Two

manufacture
A

company's

"red

chic

large

a

collections

Common

Total

ihe

Continental

ucts, approximately one-third of which was special wire for
turing purposes sold cVrectly to manufacturers, one-third
was

in

(50.05%

Peoria,

the

1947,

Peoria.

products.

and

other

banking business
imately

Advance

842,596

387,647

($20

"HfiK,

a''p

o-.,cagu;

&

20,
he rl

Chicago;

r^te0

Bank

wire

Savings Bank of Peoria

Feb.

issuance,

Savings Bank,

and

Commerce

owned)

are

hardware

418,273

2105.

p.

33,690

569,575

—

Accounts

$697,553

thereon

deferred int.

stock

surplus
surplus
surplus

166,

13,656,795
33,690

profits taxes

excess

and miscellaneous

taxes

638,151

Total
—V.

the company has
banks payab.e over a

five

of

group

BUSINESS—Company is engaged principally
sale

and

shares

625,000

insurance,

Earned

*62o,000 shs.

the

.in

outstanding,

Such

Tru.,t

&

Mercantile

Truot

a

date

S9,500,000.

Harris Trust

National

York;

Jefferson

shares

common

from

years

amount

by

Illinois
New

the

of

five

aggregate
amounts

included

are

25,790

„

Investment—Link-Belt Ordnance Co

437,844

taxes

income

Outstanding

84j,uOO shs.

offered

now

to

series

a

period

value)

par

12,052,762
33,052
11,377,340

$9,870,598

4,013,763

conv

Common

Federal

bonds and

mtge. 5%

cum.

540,000

7,095,285

15,749,487

and equipment

p.ant

refund of Canadian

$582,147

other items

payrolls, taxes and

Reserve

market

or

outstanding.

In, addition
issued

(no

shares

cost

assets

current

365,000
8,203,144

(trade)
of

LIABILITIES—

payable

Accrued

Earned
Authorized

Common

securities

lower

at

Total

Appraisal
CAPITALIZATION

1,522,600

receivable

tProperty,
Postwar

LIABILITIES—
Accounts

Davis & Co. and Union Securities Corp. on Nov. 25 of¬
fered 41,270 common shares (no par value) at $457/s
per
share.
The shares offered are being sold on behalf of

marketable

*Accounts

1946

$5,566,712.

$8,187,910
securities

Inventories

71

<

30

1947

Govt,

Other

2105.

p.

SHEET, SEPT.

,

Prepaid
Total

BALANCE

ASSETS—

1,501,730

3,640,958

refund cf

insurance

CONSOLIDATED

31

$933„630

1,565,342
38,230

—

(2211)

1946

$1,476,130

of $17,359)

reserve

market

Estimated

JULY

ENDED

YEARS

„

Cost

foreign
properties
Argentine; Havana,

Aires,

CONDITION,

1947

Property accounts

addition

operated

FINANCIAL

Cash

continued

Black

OF

CHRONICLE

FINANCIAL

&

ASSETS—
Accounts

parent company announced that "although the firm has main¬
a
plant in Mexico City since 1934, its facilities became in¬

tained

COMMERCIAL

and

S.

*Loss.

U.

Govt.

THE

(2212)

COMMERCIAL

Monday, December !, 1947

CHRONICLE

FINANCIAL

&

•■iW,

BALANCE

ASSETS—Demand
U.

S.

Treas.

in

and

banks

fees

under

$6,832,253;

cost-plus-a-fixed

cash

deferred

$207,117; inventories,
life of an officer,
reserve for
depre¬

contracts,

fee

value

surrender

insurance

of

cost

i

on

after

estimated, $12,642;

refund,

tax

research

and
development
expenses,
$6,059;
prepaid ex¬
charges, insurance deposits, etc., $89,716; patents,
applications and trade mark, $4,374; total $13,064,159.

SEC—
company

Atwill
to

and

Nov.

on

18

The company will use its proceeds

Miami Beach, Fla.

Co.,

off loans.

pay

patent

LIABILITIES—U.

tracts,

S.

payments on fixed price con¬
accounts
payable
(trade I,
$236,851;
employees'
$68,236; accrued payroll, $196,567; accrued taxes,

$9,485,812;

payroll

deductions,

Navy

progress

income, $146,000; miscellaneous accruals, $23,580;
preferred dividends payable (paid July 1, 1947), $8,033; provision for
Federal and State taxes on income, $295,673; reserve for modification
costs, $686,253; non-cumulative 6%
preferred stock (par value $100
than

taxes

on

share), $535,500; common stock (par value $1 per share), $226,387;
capital stock, net of discounts, $356,425; capital
surplus, $52,957; earned surplus, $745,878; total, $13,064,158.—V. 166,
per

Insulator

Mica

Schenectady, N. Y.—Loan Placed

Co.,

Privately—The company, it was announced Nov. 26, has
arranged for a term loan from The Mutual Life Insur¬
ance
Co. of New York in the amount of $1,000,000.
an

needs of expanding

will be used

to pay

off

company

Michigan Bell Telephone Co.—Earnings—

($10 par)

5%

Net operating
after

—V.

The

opening
the

United

subsidiary
week.
will

of

The

be

of

a

United

Mackay

located

in

Cable

radiotelegraph

(Dutch

Surinam

and

Havana,

American

direct

high-speed,

new,

States

and

States

$71,017,110 $67,744,514
236,630
172,842

$7,754,705

$8,624,727

$7,731,740 $70,780,480 $67,571,672
5,8.10,173
5 i,0ao,i < 9
to,o30,u56
948,538
7,851,817
9,321,131

22,965

Guiana)

Radio

&

and

circuit

end of the circuit in the United States
while the terminal in Surinam will be

Radio

York

New

$570,266

$353,029

$5,913,484

$9,554,905

530,035

income-

945,357

5,762,930

9,472,959

1582.

p.

Michigan Consolidated Gas Co.—Earnings—

between

this company, an operating
Corp., was announced last

by

Cuba,

7,30j,b20
744,541

charges

166,

Mackay Radio & Telegraph Co., N. Y.—New Circuits—

the

1947—9 Mos.—1946

1947—Month—ly46
$8,658,549
33,822

—

rev._

oper.

Operating revenuesOperating expenses
Operating taxes

Net

between

revenues

Uncollectible

17 fi ed

Nov.

on

12 Months Ended Sept. 30—

Operating
Gas

revenue,

purchased

$38,702,643 $30,864,525
8,853,470
9,813,611
8,735,999
15,287,215

resale

for

Telegraaf Telefondienst Suriname, and the facilities in Havana by the
Radio Corp. of Cuba.
All classifications of -traffic—government,
press
and commercial—

and

Maintenance

will

be

the

handled

The

American

communications

affiliated

is

Radio

also

a

Cable
the

circuit.

new

Radio

&

service

with

by

which

Corp.,

furnishes

of

Cuba

provisions

therefor

plant acquisition adjustments
State, local, and miscell. Federal taxes
Federal income and excess profits taxes
of

Amort,

utility

2,134,154
63,420

2,769,798
2,134,086

worldwide

cable and radiotelegraph transmission,
Telephone & Telegraph Corp.
The

both

International

with the Cuban Telephone Co.,
subsidiary of I. T. & T.~and provides radiotelephone as well
telegraph service.—V. 166, p. 1685.
Corp.

radio

the

over

Administration,

Communications

Government

1,862,132

2,755,078
1,647,535
69,241
2,993,146
1,295,117

Depreciation

by

Operating

$4,841,697

$4,311,462

247,247

income

income

Other

issued
and

Total

$5,088,944

.

1,383,950

deductions

Perlod End. Sept. 30-

1947—3 Mos.

Earns,

bef. Fed.

for

Prov.

Net

inc.

inc.

Fed.

142,022,443 133,248,113
4,913,047
11,308,106
16,342,021
1,866,958
4,297,080
6,209,968'

3,558,377

taxes

1,352,183

profit
share--

"Earnings per com. sh._

$1.05

pfd.

per

7,011,026

$4.97

preferred dividends.—V. 166, p. 667.

166,

The

the

Annual Report

—

Myer-Bridges
Nov.

on

been

not

was
founded in 1869 as a
charter in 1904.
Early in its
typical woodenware house, carrying such
lines as tubs, buckets, cordage, bags, brooms, mops, etc.
The business
has been successful and has been conducted along the
same lines of
general business policy for many years. In 1940 the present manage¬
ment took over and the
business has been broadly
expanded.
The
lines
now
distributed
by the company include electrical appliances,
furniture
and
floor coverings,
household hardware, housewares and
sporting goods.
Company is distributor for many of the country's

leading

purchased

was

plant is

erection

and

under way.

now

tional

stock

during the

in

Masonite

With

year.

96,800 additional

1948.
Africa,

Ltd.

stockholders

Africa,

the total common stock of

oi

and

general

profit from
income—net

Net

profit before

income

1,830,406

$7,206,061

$4,416,278

207,081

from

Gross

from

Net
Net

ry.

Provision

$4,620,939

297,000

240,000

2,735,000

2,020,000

$4,381,142

for

$2,360,939

taxes

Fed.

and

Net

from

Net

ry.

taxes

profits

excess

profit
on

Dividends

pfd.

cum.

into

to

Sunray

Oil

Corp.

stock

series

4%%

157,500

on

common

stock

1,200,000

900,000

Earnings per

common

share

$7.30

with

fi'ed

the

Dec.

on

will

6

York

New

Stock

Exchange

166, p.

copies

of

"After

provision for
of $460,196

depreciation

and

and

depletion

and

amortization

of

$477,141.

SHEET,

railway

47

1945

1946

$55,224'

*.$820

v*

x

$144,872

Govt"

ccst—_I—

"15,900

j,.

"39,633

r

"551
"133,045

1,262,203
73,466

1,721,828
"30,425

515,216

"145,974

railway

railway
income

"121,949

"310,123

185,178

166,

•

in

excess

er

of

or

less, which

Decision

with

mutual

panies, prepaid insurance,
employee advances, etc

insurance

travel

and

at

applications

patent

This

the

RR.—Time

to

less

cost

$2,950,000.

after

which

1942,

to

this

giving

Revenue

deficiencies

pay

1943 and

in

that
for

the

"will enable the railroad

1944

Internal Revenue agreed that the
to spread payments which amount to

1950

502,067

139,676

7,162,583

etc.

4,984,786

Provision
Interest

-V.

payable

to

gold bonds to be pledged with the Internal Revenue
security for the payment of deferred installments

166,

1

;

405,014

Accruals, payroll and commissions
Accru. taxes, other than Fed. & state inc. taxes
Miscellaneous accruals
JPrsv. for Fed. & state inc. taxes and adjust.;

NINE

FOR

MONTHS

SEPT.

ENDED

war

Advance

contracts

from

foreign

purchases, etc.
stock, without
shares)

affiliate

for

177,529

162,993
418,150

Interest and other misc. income

1947

30,

equipment
248,598

par

179,889

9,000,000

value

3,340,415
8,007,595

(outstanding

600,000

surplus
^

"After

reserves

1947 and

for

allowances

$133,550 In 1946.
in 1947

and

doubtful

$16,562,273 $12,598,992

accounts

of $210,492

in

tAfter reserves for depreciation and deple¬
$3,833,878 in 1946.
tAfter deducting
XJ. S. Treasury tax notes bf $2,629,580 in 1947 and $2,241,04o: in 1946.
J—V. 164, p. 955.
"V*:
A..'
■
iry..
tion

of

$4,100,516

and




$l,603.1S'l

$1,907,402

for

166,

dividends

common

303.763

303,762

$1,304,418

$1,603,640

pfd. stock.

surplus--

and

1358.

p.

Months

12

Operating

Selling,

general,

Provision

340,859
3,882,580
1,393,800

and other expenses--,

admin,

for

taxes

income

$1,959,195

-—-—:

531,000
$3.69

share

per

ASSETS—Cash

able—trade

(less

BALANCE

banks

in

reserves),

Co.—Earnings—

-

taxes,

•

-

Federal

$69,526;

serves,

for

been

who

has

$5,199,375; other assets, $656,638;

.

...

accruals—wages,

other

etc.,

$1,495,8'36;

439,846

789,719

784,267

for

prov.

inc.

before Fed.
(net)

plant & equip.

property

of

of

before

inc.

Other

inc.

810.449

775,369

$1,309,833

Fed.

$1,504,191

taxes)

taxes

48,660

41,064

$1,358,498

$1,605,255

100.000

100,000

__

serial

on

taxes,

etc

notes

47,311

during

Net

discount

and expense.-.

construction
taxes

income

166,

35,267
2,608

Cr3(3,678

Crl6,363

346.814

debt

2,608

422,459

$898,443

of

Federal income

-V.

income

Fed.

interest

ilntterest

$1,061,285

1484.

p.

New

England Butt Co., Providence, R. I.—Stock

Of¬

fered—Company is offering to stockholders the right to

will

Proceeds

and

for

used

be

for

the

working capital.—V.

purchase of

166, p.

(no par) at

machinery

and

equipment

1790.

to

above

of

the

board.

Mr.

Host had

Utilities

Co.

To

—

Issue

the

be

properties
166,

be

Co,

used

sold
and

Provident

made
p:

Insurance Co.

pay

■

of

Mutual

New
Life

for additions. to. the

necessary

1357.

the

Nov. 21 week is reported at 211.777.Q00 cu. ft.
43,160,000 cu. ft., or 25.60';
above production
for the corresponding week a year ag,6.—V. 166,

of

increase

on

ft.

New Haven Clock & Watch Co.—Par Value

Changed—

certificate of incorporation, the company re¬
cently changed the common stock from shares having no par* value
to shares having a par value of $1
per share, on a share for share
basis.
Transactions in the new $1 par shares were recorded on the
New York Curb Exchange beginning Nov.
15.—V. 165, p. 1318.
amendment

By

its

to

New Orleans Public Service Inc.—Stk. Sale
The SEC on

to

supply
'

the

Insurance

Co.

Proceeds

company's public. utility
demands for its service.
.

..

-■

21

Nov.

shares

199,642

of

approved

an

stock

common

its

common

' -'

company

on

stockholders «at

9,707 shares of common stock to be offered" at $25

will

Proceeds

underwriting.

additions.—V.

166,

p.

be

announced

is

the

that

used

to

finance

1257.

New Orleans, Texas &

i

$25

•

20 fi'ed a letter of notification

Nov.

Approved

application by the company to sell

to

share.-

for

a

with. fthe SEG
share; without

improvements1

plant

(

1

.

Mexico Ry.—Interest Payments-

following

interest

payments

will be made

beginning Dec. 1, 1947, at the office of J. P. Morgan & Co. Incorpo¬
rated, 23 Wall St., New York, N. Y.:
.
The interest due April 1, 1945, to Oct. 1, 1947, inclusive, amounting
16V2%

to

and

to

and

on

the first

The

15%

on

mortgage 514%

the first mortgage 5%

'

Mutual Life Insurance Co,

York, The sinking -fund
to Northwestern Mutual, Connecticut Mutual Life

to

for

output

is

It

of

interest to date of sale to Northwestern

would

output

2106.

$2,000,000

to

applied

and

Insurance

electric

reports

This is an increase of 1,508,431 kwh., or 10.53%
of 14,324,872 kwh. for the corresponding week a

168,617,000 cu.

of

Association

this

21,

Nov.

ended

kwh.

production

Gas

This

and

1946.

$500,000

Mutual Life

week

ago.

year

$2,500,000 Sinking Fund Note—
has

the

15,833,303

The

President succeeding Maersk McKinney

Chairman

made

since

issue

Electric Association—Output—

New England Gas &
For

of

re¬

$27,041,623.—V. 166, p. 1053.

the Federal Power Commission for
first mortgage bonds. 3% series due
Nov.
1, 1970; $1,500,COO of first mortgage bonds, 3%%
series due
Sept. 1, 1972; and $2,500,000 of 3%% sinking fund notes, due Nov. 1,
1967.
The $500,000 of 3% bonds are proposed to be sold at 97.978 and
interest to the date of sale and the $1,500,000 of 3Va % bonds at 100

—V.

inc.

Interest

p.

1947

30,

payable—trade, $844,824; accounts payable—
State taxes on income, $1,950,898; other

been elected

been

company

authority

would

3,502,729

435.394

(excl.

Amortization

Steamship Co.—New President* etc.—

Host has

Montana-Dakota

notes

$7,066,402

4,529,243

and

$111,903;

Vice-President

The

1946

$7,904,743

retirement

income

Net

$2,241,767; capital stock ($20 par), $10,620,000; capital surplus,

Moller
Moller

1347

30—

expenses

taxes

$4,221,927; accounts receiv¬
accounts
receivable—other,

on

inventories, $13,385,987; notes receivable—non-current (less
$203,443; investments; $273,700; property,'plant and equip¬

$27,041,623.

accrued

SEPT.

SHEET,

hand,
$2,971,159;

and

(less depreciation; $10*976,336),

other,

Sept.

Maintenance

25,749,647

of sales

Depreciation

Net

Ended

revenues

$33,326,081

and

Total

1,314,183

writers.
64,191

(net)

Total

Bonds and

5,754,794

Common

Earned

108,091

698 443

1,315,920

charges

dividends

before

Operating

$33,261,891

107 668

527,420

_

for

274,191

197,462

251,456

other

and

934,577

630.002

tax

income

$100 per share on the basis of two new shares for each
five shares held.
Barrrett & Co., Providence, are under¬

(net)

r

—

Federal

1,281,431

subscribe for 1,000 shares of common stock

1892.

p.

Carpet Mills, Inc.—Earnings

EARNINGS

Thorkil

,

1,044,977

1,360,206

New Bedford Gas & Edison Light

a

LIABILITIES—

6,076.491

997,926

for

Balance

with interest, some of which has
$3,700,000, Mr. Morfa said.
asked the Interstate Commerce
issue
$10,000,000 of
temporary prior

93,856

$16,562,273 $12,598,992

-

has

$567,582; earned surplus, $9,139,228; total,
81,388

80,916

$14,425,034 $13,257,504
1,136,304

some

company

authority

taxes.—V.

ment

trade-marks,

earnings

7,376,544

and

collateral

as

Mohawk

1,592,224

178,962

1^46

Operating costs, other than those listed below

deficiency,

totaled

mortgage 4%

$129,394;

226,561

1947

$14,207,765 $13,176,588

revenue

company

income

of

Bureau

until

tax

paid,

added

the

the

have

The

been

Collector
of

for

LIABILITIES—Accounts

L

Accounts

10.000 shs.
44,000 shs.

Maintenance

Other

Internal

of

within

taxes

could

company

total,

amortization

Total

$170,000

Depreciation

Pay Tax Defi¬

capital

board,

reserve),

_

and

FINANCING

THIS

$25)

(par

217.319

gross

Prov.

unexpected debt to the U. S. Treasury without reducing
below current requirements."
announcement was made on Nov. 18 by R. J. Morfa, Chairman

working

237',874

other

Investments in foreign affiliated companies,
tPlant and equipment--,
.

Patents,

OF

1960

1,

income

1,886,821

this

meet

to

its

2,617,381

corn¬

operating

Oper.

Bureau

period

profits

excess

of

the

of

extended

1946
<bO 7S4. 917

is not

markets

deposits

to

Narragansett Electric Co.—Earnings—

16,790

ciencies Extended—

an

1,959,724

Inventories, priced at cost

and

54,760

>

1483.

p.

Missouri-Kansas-Texas

l',050,'()00

"Receivables

Premium

loans

1790.

p.

Gen.

3,396,671

at

166,

bank

Nine Months Ended Sept. 30—

$231,713

"1,470

"14,248

CONDENSED

1947
40 107 OHO

_

Obligations of the U. S.

—V.

reduce

to

COMPLETION

preferred stock
(par $10)

stock

Common

1944

"13,581

"13,230

^

income

oper.

Earnings

AUGUST 31

ASSETS—
CaSh

UPON

debenture bonds due Nov.

cumulative

Dividends declared on cumul.

Capital shares outstanding

"

BALANCE

used

be

1995.

$3.67

patents

will

capital.

Taxes, other than Federal income tax

(Del.).

filed by the management

soliciting material

proxy

held

be

Oct. 18, 1947, providing lor
Nevada corporation)
and Pacific

dated

(a

1

"Deficit.—V.

Cost

Net

Dirs. paid

meeting

merger

railway

oper.

from

Sa'.es
income

a

From Jan. 1
Gross

204,661

$7,413,142

taxes

been

Commission

10,201,656

1,808,507

expenses—

operations

Other

State

of

(Del.I

the

to

special

a

corporation

September—

lien

16,324,390

Selling, administrative

this

Corp.

addition

He

etc. $25,338,958 $16,448,340

allow.,

comm.,

working

CAPITALIZATION

4%%

corporation

a

was

manufacturers.

Balance

31

1946

1947

"Net

Mason¬

ENDED AUG.

YEARS

sales

of

of

Oil

already

COMPARATIVE INCOME ACCOUNT FOR

Cost

board

Ltd.

Sales, net of freight, agents'

at

agreement

an

soliciting material by W. G. Skelly.—V.

which

ownership of approximately 36%
ite

insulation

purchase wc acquired rights to purchase
when exercised will give Masonite Corp.

this

shares

and

this plant is expected to begin
of 348,410 shares of addi¬
at a cost of $362,391 was made

of

purchase

A

BUSINESS—Company

secured

PURPOSE—Proceeds

Total

Missouri & Arkansas Ry.—Earnings-

the Union of South Africa

hardboard

the

of

Operation

during the latter part of

in

and

company

Gross

have

completed.
at Estcourt

AND

partnership
history the

$1.07

1256.

p.

proxy

plant

10,000 shares of 6% cumulative pre¬

Dividends begin to accrue Nov. 4, 1947, and are payable quarterly
on
Jan., April, July, and Oct. 15.
Registrar: The Kentucky Trust Co.,
Louisville, Ky.
Transfer Agent: The Louisville Trust Co., Louisville,
Ky.

3,044,855

outstanding

there

During the year ended Aug. 31, 1947 by action of the board of
directors, the amount of $5,659,585 was transferred from the company's
surplus account to its capital stock account.' This action was taken
as
a
result of a study which disclosed that " at least this amount of
the surplus account was permanently invested in the business andl-that
by making this transfer to the capital stock account some recognition
would be given to permanently invested capital.
Capital expenditures amounting to $2,570,181 were made during the
year just
ended compared with $529,367 made during the previous
year.
Funds ior these expenditures were derived from current workingcapital and amounted to $4.28 per share of common stock compared
With $0.88 per share for the year ended Aug. 31, 1946.
The
plant expansion
of
Masonite
Corp.
(Australia)
Ltd.,
which
practically doubled its capacity, was completed during the year ended
Aug. 31, 1947.* The plant expansion of Masonite Co. of Canada, Ltd.
has been started but due to delays in getting the necessary equipment
The site for the new

offered

1

Louisville, Ky.—Preferred Stock
Bond Co., Inc., Louisville, Ky.,

Co.,

Bankers

ferred stock (par $25) at $26.50 per share. Proceeds will
be used to reduce bank loans and for working capital.

$2,973,619

3,044,855
$1.13

stock

share

merger

In

Eugene Holland.

—

President, said in part:

has

Chicago

of

Co.

1593.

p.

stock

Offered—The

Mission Corp.—To Vote on Consolidation—

Western

Masonite Corp.

Trust

166,

Chicago, and associates

Blosser,

Other

—V.

$67.55

$3.36

shares

per

consider

■"After

190,000

$3,163,619
190,000

$3,455,770

preferred

on

Common

Earned

10,132,053

$46.74

3,046,089
$20.31
$1.49

2,206,194
$14.71

Earns,

$3,645,770

Balance

$

44,574,503

tax

and

Co.—V.

Trust

of

%

of

fee

on the unused
notes
would be

1947—9 Mos.—1946

-1946

$

46,265,183

sales

Net

income

Dividends

These

on Nov. 26
convertible pre¬
(par $10) and 100,000 shares of common
stock (par $1). The preferred was offered at par and
the common at $5,625 per share.—V. 166, p. 1357.

$4,547,570

1,443,173

income

income

Net

Bank

National

banks

lending
bank.

each

and

commitment

Products Co., Inc.—Shares Offered—

Munising Wood

increase
Gross

Bank

There

stated.
A

the

to

of

Illinois

Hanover

&

paid

commitment

Continental

Central

6%

Marshall Field & Co.- -Earnings—

to

the

stock
would be no

issuance of the preferred

company

transaction.

be

wou.'d

annum

of

Straus

236,107

|

(net)

associated

is

per

the

bond

the

Date of

1950.

determined,
for

HISTORY

1946

1947

,

gas

Operation

Lands

Operated

1%

ferred

Period End. Sept. 30—

a
letter of notification with the SEC
cumulative preferred and 20,000 shares
(no par) common
Tae shuivs are to be sold in units of seven
shares
of preferred
and five shares of common for $75 per unit.
Underwriter, Clair S. Hall & Co., Cincinnati, O.
Proceeds will be used
for working capital and general corporate purposes.

The

been

offered 50,000 shares of 5% cumulative

business.

Operating

for 28,000 shares

1947 to Dec. 31,

1,
not

balance

existing loan with

The Mutual Life and for meeting the

Proceeds

1685.

McKay Davis Inc., Toledo, O.—Files with SEC—

Dec.

underwriters

premiums paid in on
p.

company
has applied to the Federal Power Commission for
authority to issue $5,500,000 of 3% first mortgage bonds due July 1,
1975, $5,500,000 of 2'/a % secured promissory notes, and 22,000 shares
of
5%
cumulative preferred
stock (par $50).
All of the proposed
bonds would
be
deposited as collateral for the secured promissory
notes which would be issued at various dates during the period from
has

deferred

penses,

i

i

The

filed a letter of notification with the SEC
for
33,334 shares of capital stock being offered on behalf of the
company and 66,666 shares of capital stock on behalf of selling stock¬
holders.
The stock will be offered at $1.50 a share.
Underwriter,
The

i'

i

Mountain States Power Co.—To Issue Securities—

Beach, Fla.—Files with

Maule Industries, Inc., Miami
hand, $5,316,012;

on

(at

$13,539; property
and equipment at
ciation of $168,978), $79,015; Federal

other

1947

cash

cost), $4,002; notes receivable $05,000; accts.
(alter prov. for doubtful accts., $2,000), $434,764; unbilled costs

receiv,,
and

JUNE 30,

SHEET,

deposits

bonds

hi

"

interest

due

j

Aug.

1,

to Aug. 1, 1947, inclusive, totaling
gold bonds, series C, due, 1956, and

the first

111/4%

the .first mortgage 414%

on

Above

mortgage

1945,

12V2%-on
■'

gold bonds, series A, due 1954,
gold bonds, series B, dqe 1954,

5%

gold bonds, series' D, due. 1956....

.

:«•,

payments on bonds represented by certificates of deposit will
holders of record at the close of business on-Nov. 28, 1947.

be. made, to

The New York Stock
and

certificates

of

Exchange

on

that the bonds,
above-mentioned

Nov. 21 directed

deposit'therefor, be quoted ex the

Volume
interest

166

Dec.

on

bonds, and certificates ^f deposit
continue to be dealt in "flat," and the bonds 10 be a
1,

1947;

therefore; shall
delivery in settlement
1947,

must

THE

Number 4651

of

the

carry

the

that

Exchange
and

1948

made beginning Dec. 1,
coupons.—V. 166, p. 2106.

,

Power

Co.

Power

New

York

New

Haven

Hartford

KR.—Equipment
Trusts Offered—Harris, Hall & Co. (Inc.) and associates
on Nov. 26 offered 2,820,000 2Vfe% equipment trust cer¬
tificates at prices to yield from 1.40% to 2.90%, accord¬
ing to maturity. Other banks making the offeiing are:
Equitable Securities Corp.; Phelps, -Fenn i& Go.; Schoellkopf, Hutton & Pomeroy, Inc.; Bramhall, Barbour & Co.,
Inc.; The Illinois Co. and The Wisconsin Co.
1

The

issue

received

the

at

Halsey,

awarded

was

Stuart

sale

.

certificates-are

The

u

98.7677

98.20979.

of

Hutzler,

&

Bros.

Other

98.14

bids

2Vas;

for

Harriman Ripley

2%s;

for

&

Nov.

15,, 1948 to

Nov.

15—V.

Nov.

inclusive.

1062,

.166,

1947. and

15,

to

are

Nov.

Semi-annual

dividends

2106.

p.

oh

26:

7\'i

21

each

The

distributions

shares

FINANCIAL

100

of

shares

distribution

made

in

Commissioner

earlier

tions

are

paid

in

of

not.

taxable

lieu

of

of

CHRONICLE

American's

stocks

to

less

to

,(2213)

the

10';

of

the

similar

aggregating

year

ruled

that

The

total

with

such

and

amount

to

Applications
for

have

the

been

listing

filed

by

of'their

the

Profit

stocks

common

V.

Dec.

22

American

will,

utility "companies
Detroit

Edison

distribution

since

1942,

the

on

(through

Wisconsin

have

subsidiaries,

as

Co.

the

of

of

each

Potomac

com¬

York

New

eliminated

the

stock

and

dividends),

Potomac

six

Stock

major

stocks,

operating

'companies

other

four

Pacific-Gas

&

being

Electric

Co.

(through stock dividends and public sale), St. Louis County Gas
(through-sale to Laclede-Gas Light-Co.), and Cleveland'Electric
Illuminating Co.' (through offering to North American stockholders
and

The

the

corporation
York

New

amended
of

rate

approximately

continued

Dec.

The

corporation

tomers

in

in

provides

Manhattan

166,

would

central

12

proceeding

remain

from

file

to

increase

.average

be

will

effect

in

until

the Commission.
service

steam

the

to

an

rate

will

by

higher

the

and

$1,000,000

The

schedules

ordered

Nov.

on

authorization
in

result

rates.

steam

amended

otherwise

approximately
—V.

8%

which

the

received

had

it

Commission,

Service

unless

and

1948

1,

that

announces

-Pubiip

schedules

corporation's

rates

1,021,056

1,021,030

$0.71
rate

from-

English

$0.30

£1

currency,

2,200

expected

cus¬

add

to

annual

revenue.

1791.

p.

Following

the Dec. 22 distribution. North American's investments
comprise Union Electric Co. of Missouri; North American Light &
Power Co.;
West Kentucky Coal Co.; minority interests in Wisconsin
E'.ectric
Power
Co.;
Potomac
Electric
Power
Co.;
Pacific Gas
and
Electric Co., and Capital Transit
Co., and various minor holdings.
Power

Co.—Earnings—

1947—Month—1946

oper.

S

"S

30,242,312

27,551,700

259,461,328

246,463,197

85,921

revenues

Uncollec.

1947—9 Mos.—1946

$

$

48,755

565,471

441,271

revenue-

Sept.

30,156,391

27,502,945

258,895,857

246,021,926

23,298,060

19,696,279
4,715,271

191,077,592

172,810,927

39,779,908

41,478,967

2,772,731

3,091,395

28,038,357

31,732,032

2,574,679

2,997,730

25,151,718

operating

after

income

charges

166,

liquidation.
its

New York Water Service Corp. (&

Subs.)—Earnings—

Years Ended Sept. 30—

Operating
Operation

la47

revenues

1948

$3,270,765

plan

a

1,374,942

__

1,392,681

Maintenance

152,194

161,770

Depreciation

220,000

242,193

Real

property
Excise
taxes

taxes

offering
now

taxes

Capital stock
-Federal

.Net

18,882

taxes

income

75,500

50%

$946,236

$1,015,055

Dr7,304

operating

Maintenance,
for insur.,

(&

2,023

$938,932

long-term

on

of

Amort,

debt

assumed

Interest

charged

Net

to

1947

revenues

and

oper.

for

admin,

and

exps.

casualties,' uncollectible

deprec. .and

1946

$

180,114,552 163,805,213
prov.

accounts

87.197,875
22,983,167
35,641,937

(including Federal"

taxes

income)

on

;.Net operating revenues!
Miscellaneous income...

65,916,834
25,419,05ft
31,404,729

34,291,573

amcrt

41,064,594

303.868

Crl,193

of

income

•

profits

tax

payable.—V.

105,

7,050

to

which

40

is

American Aviation,

corporation

Douglas
Calif.,

Aircraft
War

the

The lease is

monthly

in

comprises
14,

cost

several
7»

at

and

The

and

land

buildings

about

has

Nov.

on

and

(also

422,000

The

1947.

held

identified

ft.

sq.

in

3,

10,

preferred

floor

1,

area.

value

of

$2,871,791.
North

Army

American

Air

the

at

Aviation,

Forces

interim

an

has

and

Long

Beach

Inc.,
been

The

arrangement.

facility

is

engaged

occupying

current

is

in

production

Units

1,

expected

of

7

2,240

increase

to

for

and

4

employment

to

each

share

cash

a

Letter

of

1949,

30,
V.

165,

is

Intent.

take

to

The

lease

thereafter

or

possession
is

terminable

four

upon

immediately
by

months

the

execution

on

company

prior

SEC

North

to

shares

1947,

(par $10)

1947,

rate

the

of

and

North

(1)

less

will

Electric

than

be

issued

Potomac,

to

such

full

share

market price of such

such payment

North

$17

share

market

price

being

stock

Federal

Sept.

in lieu of

•

equivalent
not

estimates

Wisconsin

that

of

be

rate

entitled

number

Potomac

based

the

on

market

the

share

full

of

at

23,

shares
of

transactions

rate

of

stock

and

of

1947,
North

in cash

the

gregating
Electric
be

and

paid

above-mentioned

the distribution of

com¬

cash

shares

the

lieu

such
the

.

North

Wisconsin

of

approximately
Potomac

approximately

stock.

and
be

to

shares,

Electric
to

stock

further

stock

American

$20,112,198,

common

American

North

common

fractional

of

such

charge to capital surplus amounts ag¬
carrying values of the shares of Wisconsin

respective
Potomac

in

of

to

proposes

distributions.

such

fractions

of

American

North

to

lieu

in

estimates

common

the

that

with
the

stock

at

and

the

cash

of

distributed

at

of

the

capital

shares

of

for

will be provided by the restoration to capital surplus of
remaining balance in its reserve for contingencies originally pro¬
from

capital surplus and by a transfer
surplus, to the extent necessary.-

capital

from --earned

surplus

to

of

As

further

a

the

Public

ordered

capital
stocks

an

in

Utility

our

program

of

compliance

with

requirements

Holding Company Act, the directors on Oct. 24
partial liquidating distribution, chargeable to

additional

surplus,
of

step

our

to

be

Wisconsin

made
and




to

stockholders

on

Dec.

Washington properties.

stock

(NORTH

AMERICAN

1947—3 Mos.—1946

27,

exchange of

wishing

with

$3,228,472

$13,600,906

$11,645,216

Penn

225,288

1,176,012

1,135,840

180,000

180,000

702,000

51,033

196,707

15,233

tax

242,801

38.433

215,585

484,197

notes

surplus

$3,534,573

$4,333,229 $15,996,567

co.

tion—

$0.41

$0.51

The

Dec.

10.

issue

Nov.'25

This

in

1947,

declared

brings

a

stock,

common

to

week

last

revenues

with

total

45

of

70

Dec.
in

cents

of

the

Trust

776,380

stock

Ware at

$16,295,516
$1.83

compared

year,

As

an

the

week

with

dividends

1946.—V.

increase

of

ended

54,870,000

166,

Nov.

The

of

for

the

ACCOUNT

22

in

all

It

1947—12 Mos.—1046

a

and

of

bid

John

H.

4,976,300

6,682,850

5,682,175

corporations,

724,075

668,925

712,145

506,775

615,900

" $9,863,642

$12,894,718

153,081

285,381

191,297

the

int.

784,653

1,025,278

1.046,205

filed

$6,2~567514

$8,443,330

2,045,452

6%

2,727,270

erties,

preferred

2,556,851

dividends

1,156,183

1,756,183

2,341,578

Northern States Power Co.
Period End. Sept. 30—

Penn

Operating

common

1947—12 Mos.—1946

$60,126,707 $55,028,677
23,728,958
20,052,601

.17,972 ,797

14,756,486

2,764 730

2,203,779

Depreciation
Taxes

(other

than

Federal income

Fed.

excess

State

Net

operating

Gross

Total

5,723,750

4,624,393

6,640,733

Lewiston
note

June

1,

the

acquired
that

4,758,800

6,384,050

5,417,800

506 ,775

income

(net)

615,900

724~075

4 V2 %

$7,662,601

$9,938,197

$9,069,944

42,153

42,153

56,205

$7,346,728

$7,580,447

$9,881,992

$9,013,739

divs.,

(issued
Common
—V.

166,

$3.60

p.

1687.

which

his

or

Pennsylvania's

by
being

affiliate

of

and

price

•

742,500

4,222,667

in

Penelec
the

is

1,203,125

4,200,000

990,000

123,750

5,622,667

5,250,000

.

|

to

eight
was

public

small

of

from

each

Pennsylvania

of

P.

as

to

issuance

by

the

accepted.

:

>

Pennsylvania

:

Ware

Gas

Co.

and

has

corporations

Gas

Co.,

due

Nov.

shares

480
1,

1951,

of

stock

common

$112,000

first

of

common

the

note.—V.

166,

following

par), $23,00®
3.9 % bonds due

stock

<$50

par),

$18,75®

($50 par),

$14,75®

note.

of common stock

954.

p.

Nov.

cents

the

25,

directors

declared

the

common

share

per
of

$1.25

on

share

on

1

per

Oct.

a

regular

stock,

the

quarterly

and

the

5%

this

year,

dividend

usual

stock,

payable Jan.

stock
a

the

on

April

1,

July

payment of 25 cents

ancl

was

1,

made.—V.

166, p.

while

common

Jan.

on

of

quarterly

cumulative

preferred
1, 1948 to holders of record Dec. 12, 1947;
Quarterly distributions of 35 cents each were made on

both

1,

194?

1055.

Peoples Drug Stores, Inc.—10% Stock Dividend—
..The

directors

cents

per

per

p.

have

declared

the

regular

quarterly

cash

dividend

of

share

stock dividend,
On Dec. 27,

on the common
stock, payable Dec. 27, and a 10%
payable Dec. 31, both to holders of record Dec. 8.
last year, the company paid a year-end dividend
of

1996.

share

in

addition

to

the

usual

quarterly

of 40

cents.—V.

166,

Philadelphia Electric <Co.—Subsidiary to Dissolve—
SEC

' permission "to

Utilities Co.,
transfer

vania

Power

Co.

of capital stock of

Philadelphia

with

a

its

a

stated

wholly owned subsidiary, has asked
assets

consist tof

11,168

value

of

to

Co.

owns

all

of

parent
and
of Southern

$545,263

Conowingo Power Co. with

Electric

its

shares

a

and

dissolve.

Pennsyl¬

21,143

shares

stated value of $555,038.

Susquehanna's

-

been

their.,in¬

($50

mortgae

>

an®

operate
that an

states

three
corporations
Commission
regarding

three

'

tho

individuals,

the

U.

Co.

utility companies
utility company

public

Penelec.

:

any

determined

response

highest

several

one

purchased

Susquehanna's holdings
123,750

;

assigns,

Edison

was

purchasers

mailed

an

be

The Susquehanna

859,375

series

August, 1946)
dividends

3rd,

56,205

int.

income

Citizens

Waynesboro

organization, the exercise by them of
franchises, the
certificates, of public convenience to operate the
prop¬

demand

$1
minor,

Phila¬

common

declaration

a

Ware,

1970.

dividend

40

$7,388,882
&

to

ownership of
Gas,
Gas,

Gas,

1174.

p.

contract

Ware

behalf

the

demand

On
40

191,297

$10,191,017 $10,356,744 $13,628,761 $13',896,851
income deductions
2,802,135
2,734,143
3,690,564
4,826,907

div.

pur¬

Pennsylvania Glass Sand Corp.—Div. Rate Increased—

'

$13,365,591 $13,705,554
263,170

to

par)

direct

Gas,

SEC

from

the

bids

668,925

income

Preferred .divs,, $5. .ser.
4retired Sept.,' '1946)_
Pfd.

5,241,250

712,145

$9,999,827 $10,203,663
191,189
153,081

have

Bangor

H.

prospective

Huntingdon Gas Co., 240 shares of

6,100,027

4,693 950

Balance

Net

3,130,373

3,975,000

tax

taxes

income

3,559,549

5,015 009

inc.)

taxes

profits

income

Other

4,398 750

.

note

($10

acquire

(& Subs.)—Earns.

$45,351 840 $41,138,023

revenues

Operation

will

Citizen

162,

and

of

4»/2 %

2,195,302

1947- -9 Mos.—1946

Maintenance

authority

$128,000

a

shares

Gas,

John

from

3rd,

to

the

and

4 '/2 %

(Minn.)

for

through

bonds,

securities:

$7,266,293

2,045,452

with

issuance

1,383,080

$6,262,586
dividends

2107.

.

its

Jersey, proposes to organize three
namely, Lewistown Gas Co.,
Huntington
Gas Co., which corporations will

on

corporation

$8,649,373

preferred

to

Pennsylvania,

properties

application

$9,849,376 $10,016,723 $13,180,099 $13,477,067
2,802,135
2,734,930
3,690,564
4,827,694

income

all

New

Shippensburg

$13,285,769

213,399

$9,489,535

1894.

p.

over

for

Ware,

4,920,250

$7,281,793

SEC

of

additional

with

sell

by

received

in

"

the

of

invitation

the

in

(net)

trust

Carmel

filed

to

bidding

operating

$9,635,976

has

properties
further
stated

is

result

second

operating

tax

to

Pottsville

Mount

gas

6,122,092

$7,047,240

p.

1459.

p.

of

1947,

for

l'r

166,

■

compared-

$185,000 all its property and
assets, real ancl
personal,
including franchises and consents,
pertaining to Penelec's
manufactured gas business in the
territory in and about
the'Boroughs
Lewiston, Huntingdon, and
Shippcnsburg, Pa.
It
is stated
that
these manufactured
gas properties are
being disposed of in accordance'
with this SEC's Order
dated June 19,
1946, directing Penelec to dives!
itself
of
ail
direct
and
indirect
interest
in
and
control

57.

5,241,250

minor,

per
record

of

outstanding capital
eight small up-state gas
companies. '
be financed
by Penh Fuel

Lewiston Gas.—V.

price

6,665,733

deductions

&

165,

cents

and

follows:

.as

5,723,750

income

will

transaction,

Light,

proposes

4,643,143

income

income

15

1946,

working capital.—V, 166,

owner

of

2,500

companies:
and

base

a

and

INCOME

3d,

collateral

and

the

company

Penelec

paid

p.

22,

kwh.

Gas

summarized

13.2%.-

1947—9 Mos.—1946

taxes

income

of

holders

to

16,

par.

of

Gas

3,975,000

profits

15

Dec.

1945.—V.

applied

Ware

securities

Co.,

following

Ashland

5,033,759

operating

Dec.

on

Pennsylvania Electric Co.—To Sell Certain
Gas Props.

holders

to

the

result

a

tHe

share

per

$45,351,840 $41,138,023 $60,126,707 $55,028,677
18,091,599
14,860,258
23,876,030
20,185,945
2,764,730
2,203,779
3,559,549
3,130,373

___

Balance

—V.

to

taxes__

income

div.

of

inc.)

than

income

Net

sale

21

H.

$900,000

delphia

(Del.)—Weekly Output—

for

company
as

John

189,221

cents

17

amount

Nov.

on

the

4.398,750

(other

22,

outstanding securities

657,000

$1.87

dividend

payable

the

$1

compared

output of this
62,031,000 kwh.,

Gross

company

Pittston

value

paid

dividend

a

payable

Gas, inc., Oxford, Pa.—Proposed
Acquisi¬

of

606,667

stock

on

par

Dec.

on

Acquisition

1687.

excess

Sub.

Fuel

the

p.

declared

as

interest.

1947—12 Mos.—1946

from

of

paid

14

stock,

same

—

stock,

stk.

the

ible subordinated
debentures due Nov. 1, 1957 at 100
and"

CO.)

$19,052,957

com.

is

cents

$5,022,647 $18,555,483

$5

Federal

Total

10

Nov.

on

common

This

dPathe industries, Inc.
Debentures Offered—"Otis &
Go., Cleveland, on Nov. 7 offered
$300,000 5% convert-'

to

of

Operation

Net

1.

$3,993,527

of

Nov.
17
accepted the resignation of Lyman W.
Vice-President and General Sales
Manager.
A suc¬
"within a few days."—V.
166, p. 1359.

Proceeds will be used for
additional

Period End. Sept. 30—

State

the

on

Dec.

chase

pfd.

8,550,73'!

15,474,955.

named

directors

share

59,722

loan

8,394,753

5,869,383

Park Chemical Co.—To
Pay 15-Cent Dividend—
The

which

7,348,019

Operating

Taxes

be

SEC,

Oct.

a

holders

to

886,056

3,730,683

of

Northern States Power Co.

Sub.

Quarterly Report—Herbert C. Freeman, President, in
letter to stockholders dated Nov. 12, states:
\

Illinois

1,550,529
1,345,846

on

director,

will

77,869

directors

this

on

company
as

cessor

4,876,708

income

the

$9,128,632.
surplus

purpose

vided

the

for

Co.,

for

subsidiary, for
stock of Light & Power, North
period to pay $7.50 a share in

limited
of

and

Power

398,40®.

Packard Motor Car
Co.—Official Resigns—

publicly-

dividends,

$

697,878

12,692,737 172,930,724 113,537,37a
11,000,085 149,560,049
95,699,841
806,526
14,975,922
9,286,794

1.999,937

166, p. 1894.

The

North Central Texas Oil Co., Inc.—70-Cent Div.—

of

be

approximately

sufficient

the

expenses

carrying -value

to

value

carrying

distributed

proposes

distributed

be

together

share,

Illinois

of

accrued

24,678.461

Shippensburg Gas Co., 180 shares

1,784,305 shares of common stock of Potomac and approximately $271,090

plus

on

Power's

$

43,723

21,127,995

operating income
charges

1947—9 Mos.—1946

12,736,460 173,628,602 113,935,781

101", 701

after

—V.

Potomac.

l.,624,787 shares of
approximately $502,503 in

and

as

approximate
Oct.

on

on

share

shares

the

Net

Net

Earnings—

-1946

$

24,780,162

Operating revenues...
Operating expenses
Operating taxes

18,635

bank

The
on

$19.75

per share on shares
a
full share of Wis¬

Operating revenues
Uncollectible oper. rev..

stock¬

the

by

Delaware

19471947—Month

the

in

liquidation

approved

in

Light &

on

$

1,775,540

166.

Other

of

approximately

Electric

fractions of such

the

of

will

on the approxi¬
the market on Oct. 23,

to

of

per
a

the

be

would

as

at

stack

cash

of

4,470,42ft

8,430,855

forms

Pacific Telephone &
Telegraph Co.

common,

common

which

Period End. Sept. 30—

29,065

on

Fed.

such

of

$3.57

to

100

being based

to

close

to

26,
Co.

each

of

thereof,

$3.801875

being

entitled

Power

for

shares

of

lieu

shares

share

rate

the

at

in

entitled

not

full

stock

are

item,

704,805

share

—V.

Court

12,522,54®

10,201,94.®

part of
the amount
charged to Income
income, is shown separately herein to con-'
form
to
the provisions of
Accounting Series Release No. 53 of the
Securities .and
Exchange Commission.—V. 166, p. 1996.

30,

stocks

on

Balance,
Per

a

common

taxes

on

Divs.

"This

covering Federal taxes

were

Maintenance

close of

respect
a

this

distribution

the
of

stock

stock

American

involve

with
than

Potomac,

common

North

mon

(2)
less

of such

payment

American

will

of

stock

common

to

partial

Nov.

common

American,

of

deducts.

25,423,829

8,430,85 7
12,826,632

inc.

surplus

income

Total

Other

Balance

stock

common

Washington

plan

recently

share

$91.50

share

Depreciation

Electric

to

the

of

of

other

24,796,746

3,539,257

and

41,507,309-

on

income

stock

of

stock at the

Electric

common

rate

being equivalent

and

entitled

be

per

such

American

Electric,

would

this

of

as

North

American,

$3,259,657

Interest

Int.

Co.,

a

stock

3/10

stocks

on

owned by North American.
shares of Wisconsin Electric

fractions

Wisconsin

of

in

1947,

and

pro¬

held.

but,

number

Wisconsin Electric,

1947,
consin

for

of

a

$10),
19y4

stock

or

22,

by

share

Co.—The

District

STATEMENT

which

corresponding

following

record

Wisconsin

Potomac

common

mate

of

is

respect

with

share of

(par

of

shares

21

of

of

American, and shares

proposed

American

certificates

No

stock

Dec.

on

stock

common

common

distribution

stock

of

Wisconsin

paid

of

Electric'Power Co.

of

common

shares

to

the

and

subsidiary of the
participating

stock

North American

retirement

to

Sept.'30—

on

subsids.

notice.—

Authorized—

permitting

distribute

to

proposes

holders

its

owned by North

Potomac

per

order

an

to

CONSOLIDATED

American

liquidation,

The

issued

17

each

$100

at

1,

such

transactions:

posed

of

Nov.

on

received

Power
for

Electric

The

common

Capital Transit stock.

operating

442,715

34,595,441
9,798,695

5,881,532

option.

Period End.

totaled

North American Co.—Distribution

the

at

June

on

written

of

the
be¬

under

shares

106,446

".

Net income
transferred to surplus
Dividends on preferred stock
Dividends on common stock

bank

Co.

minority

including North
in
exchange for

for

Federal

common

each
this

Dividends

1731.

p.

&

the

INCOME

record

American

of

common

Power

publicly-held
undertaking for a

for

exercise

the

next

of

part,

&

of

under

January.
North

Light

stock

of

persons

4,000

principal

so

Potomac

provides

Oct.

on

share

11,

Units

as

aggregate

lease

acquired

or .45.6%

holdings

Expenses

the

reproduction

Co.,

stock

Light

by

plan

3/10

Beach,

14.

Buildings

normal

present

a

included

property

of

acres

temporary

providing

announced

Long

at

lessee

costs

26

plant

the

by

its

purchase

to

*

discount

chgs. 'equivalent to reductions in Fed.
inc.
arising from bond refunding
operations, etc
taxes

complete

the

company,

other companies

annual rental of $226,580.29 payable
will
pay
all
taxes,
insurance,

an

the

utilitv

of

American

American

confirmed

was

8257.450

government-owned

of

their

the

shares

thereby

shares,

Holders

1947

the

of

manufacturing

for five years

$2,787,189

units

in

Power

is

up

agreed

and

"Special

stockholders

common

income

int.

Slack

North
North

Inc.—Leases Units—

five

Administration

approximately

and

6

Inc.,

Assets

and

and

15
5,

It

leased

Co.,

advance,

maintenance

4,

has

It

taken

being distributed, in

Dividends

North
The

rates

holders.

3171.

p.

current

Washington company are entitled
exchange for preferred and common stocks

Washington

surrender

companies

$171,707

_

at

Capital Transit

Co.

stock

company.

the

of

ratio

109,458

stock

of

American

not

its

to

capital stock

American

of

Electric

Potomac.

Cr6,013

9,561

dividends

offered

company

the

stock

any

that

Washington

16,881

etc.

'Gross

Bond

common.

that company is in process of
provide funds for the discharge of

North

North

,61,409

expense

construction

interest,

excess

680,300

61,409

17,148

and

interest

on

Miscellaneous

$1,017,078

680,300

debt

discount

American

earnings for the 12 months
of which the entire equity is held
plus

•

$4.—

Subs.)—Earnings—

pensions

Prov.
Taxes

combined

American,

to

preferred

Potomac

American

Total

Interest

"No

131,900

North

of

1,- and

of

The

total

a

surrender

of

order

of

of

amounted

income

Taxes

19,322
Crl-,605

__

taxes-.

earnings

Other

101,343

share

a

companies

Washington

owns

units

Oct.

on

price

Holders

381,065

93,994

Social security

389,018

the

upon

of

North

whereby

entitled

$3,443,728

1947

In

the

holdings

to

2106.

p.

based

by

effective

came

of

—V.

of

liquidation of North American Light &
earnings applicable to these remaining in¬

estimated

30,

stockholders.
Net
Net

plan

upon minority stock holdings and interest receivable.
Washington Railway & Electric Co.—The simplification plan of
holding company system of Washington Railway & Electric Co.

28,844,720

4,085,600

the

equivalent to $1.85
is

receivable

loans,

Operating
revenues—
Operating expenses
Operating taxes

to

the

are

estimate

ended

Period End. Sept.30—

Operating

Co.,

vestments
This

or

New York Telephone

sale).

effect

equals

1996.

$

Gross

will

Giving

about

to

.are

gross

public

3,81®'
$395,824

Co.

New York Steam Corp.—Increases Rates—

1946

4,868

$724,156

*

and

the

1947

taxes

Twelve Months Ended
Sept. 30—

Exchange.
After

30—

Pacific Gas*& 'Electric Co.

reduce
common

outstanding
and

Sept.

deprec.

per .share

166, p.

,

Potomac

Wisconsin

Ended

(long tons)
depl. and
Shares outstanding
after

distribu¬

will

company.

panies

Months

produced

Profit

.NOTE—Conversion

respect

stock

distribution

Wisconsin

the

record

!)

-O'okiep Copper Co., Ltd.—Earnings—
Three
Blister

income,-but that the cash

as

taxable.

of

of

supplements

this

has

stock

stockholders
is

held

Electric

share of North American.

Revenue

Wisconsin

holdings

than

100

of

Potomac

stock

stock

October

each

of

of

American

Wisconsin

and

fractions

North

North

Internal

distributions

stock

common

of

July

shares of Wisconsin for

The

the

Co.,

mature

#nd

Co.

North
dated

be

$188,000-each

and

bid

a

.

to

May

15

on

Salomon

Inc.,

Inc., 98.529 for .2%s.

25

Nov.

were:

Co.

&

&

&

Aggregating approximately $63,000,6000 in market value and,amount¬
ing to about $7.37 a share of North American, the distribution will
be
the,*rate of 119 V4 Shares of common stock of Wisconsin Electricj

contracts

subsequent

< COMMERCIAL

8,000

capital

)

J T
■

;. ;n

-

|v'»

' (2214)

""1
Shares,. plus

a

indebtedness.

;

„

,,,M

,

•

,

.

■

.

.MB'

.

4;

"G

electric

The

<

(Including

increase

Net

sales

Cost

of

-

^Operating expense

il&lntenance

1946
$663,529

287,301
120,585

19,917
27,000

Other

-

4 Interest charges
Debt discount and expense

,

35,178

V* Net income to
p.

37V2

share

cents

profits
for

of

past

year

be

of

among

the
the

2,270,334

3,518,915

1,726,201

Sales,

kax_^_

581,491

pfrt.

stock

1,074,648

1,074,648

1,074,645

4,279,433
1,074,636

com.

stock

3,147,988

3,147,988

2,623,324

Canadian

and
of

cost

of

less

of June.
1947 totaled

battery business at the end
in the third quarter of

debt

and

discount

Trade-marks,

6,629,438

1,124,387

618,760
19,637,844

575,995

312,859
16,301,874

510,034

Total

600,917

10,145,506

10,145,506

$82,812,704 $80,567,225

:

Accounts

$2,723,346

payable

—V.

Trust

4,871,558

1964

debenture due July 1,

20-year 2%%

purchase

1,317,991

10,000,000

payable

14,337
10,000,000

150,000

contract

Appropriated surplus:
for

Reserves

invent,

future

losses

and

neces¬

4,657,510

932,981

other conting

and

insurance

for

894,027

preferred stock

6%

18,000,000

18,000,000

stock

15,210,000

15,210,000

18,917,371

Dr366,725

($100 par value)
(702,000 shares of no par value)

Earned surplus

Stock

held

in

treasury

reserved

and

for

em¬

less reserve)

(at cost

ployees

outstanding

refund

to

$82,812,704 $80,567,225

Total

in 1947 and $1,138,346
depreciation of $18;388,36l in 1947 and
$17,919,811 ir. 1946.
? Represented by 892 shares of preferred stock and
2,447 shares in common stqck.—V. 164, p. i,1913.
"After

In

for possible losses of $1,138,346

reserve

(After

1946

reserves

for

ij

.

..

-

?

Net

sales

Exchange,

Other

income

"regular
full

way"

business

with

20,788,186

sales

of

Cost

10,504,688

Selling, administrative and general expensesDepreciation and amortization of properties
Interest & amortization expenses on debentures
U. S. & foreign income taxes (est.)
Net

profit

434,146

16,122,212
7,872,351
247,787

322,239

170,880

1,902,595

$3,919,787

$2,842,120

115,271
747,472

115,266
702,955

$3,057,044

$2,023,899

2,144,259

—

dividends

Common

period

for

outstanding

shares

Common

to

Co.,

be

on

members

------

stock

that

2,018,516

way" sale

SHEET,

Inventories

cost

or

market)

Maintenance

10,167,466
1,218,279
1,149,281

replacements

for

for

income

-J i> •

1,713,845

income)

than

(other

Bank

"Federal

Net

1,120,611

taxes

2,078,857

$5,459,630

payable

2,869,572
4,034,585

141,989

1,789,807
11,576,254
200,000

(current)

Building purchase contract

$5,583,466

Gross income
Interest on funded
Amortization of

debt
discount

debt

{%'tSjfecial charge

and

1,286,871
138,561

869,203

i
'

'

■

income

Net

-V,

Net

fund

•and

debentures
;

credit made

(contra

.

expense);—V.

166,

p.

to

stock

surplus

.

unamortized

debt

discount

1360. ':

'

;vThe company
series

on Nov. 25

filed

a

registration statement with the SEC
stock and $3,000,000 30-year

common

first

C

mortgage bonds.
The names of the underwriters will
be
determined by competitive bidding.
Common stock first will be
offered for subscription to present shareholders at the rate of one
.share for
"

will
for

be

each

offered

fiv«

-hares

publicly.

construction

held.

Unsubscribed

Proceeds

purposes.—V.

166,

Electric

poration
as

output
for the

compared

year,

an

increase

the

of

week

with

of

Nov.

166,




companies

22,

kwh.

12.1%.—V.

the

bonds

1947,

for

the

p.

2108,

1

20

$173,053

36,750

36,750

Cr 173

Cr212

long-term debt
charged to construction.
interest,

250

545

$128,429

$135,970

etc
i__.

profits tax

excess

payable.

amount

an

Co.—Offers Additional Stock

Dutch

Royal

1,
depreciation

the

cover

New

and

Nov. 20 announced an issue of 302,174,000 guilders
1,000 guilders par and subshares of 100 guilders
in profits for 1948 and subsequent years. Subscriptions
Dec. 30 at principal Netherlands banks, headed by the

The company on
in

ordinary shares of

sharing

par,

open

on

Netherlands

Trading

Co.

Subscriptions will be open to present shareholders only at an issue
price of 100%, payable on Jan.
15, 1948,
Since the company now
has some
604,000,000 guilders in ordinary shares outstanding, it is
that

assumed
each

for

The

two

the

now

shares

new

will

issued

be

the

at

rate

of

one

held.
announced

underwriters

also

issue

an

of

guilders in

100,000,000

bqnds.H >at; ilOl %, payable on Dec. 17.
The loan will have a
term and will be redeemed in 20 equal installments, starting
Starting December, 1952,

1-953.

for

Payment

allotted

the

the bonds will be redeemable at par.

shares

will

be

allowed

only

in

unblocked

will provide

financing

for

the company's needs

through

1949,

it

was

stated.

Selling of Stock Rights Unlawful Here—
would

•-Nine Month's Ended Sept.

1946

1947

$1,046,899

$719,803

344,302

354,832

$702,597

Balance

them

sold

outside

11,075

Other income

(net of other expense)—_

317,021

»Non-recurring profits——
$703,103

depreciation and

Depletion,

A

Net

shares

*Less
vision

losses

for

290,200

$1.31

$1.50

and after deducting pro¬
tAfter dividends on 5V2 %

sale of capital assets (net)

on

taxes

—

$453,865

287,300

outstanding

on

this item

of $135,000.

cumulative convertible preferred

Dutch

dealers

for

this

their

account

own

been

its territories

county,

filed,

objection
the

the

buy

SEC

would

American

accounts

possession.—V.

or

that

to

pointed
the rights or the under¬

from

for

or

country,

Co.

has

sell either

not

may

25

this

be

raised

if

residents and
residents

such

of

165,

3174.

p.

so-caMed
ICC

"Rutland

plan

a

of

with

filed

committee,

reconstruct

the

Railroad

Crisis

reorganization

the

U.

S.

which

of

Rutland's

for

District

Alfred

H.

operations

Committee"

the

Court

road.

in

Heininger

"as

has

The

with

filed

plan

has

also

Vermont.

they

is

were

would

secretary,

do

To

of

local

this, it proposes building

The

distribution

cooperative

feed mill

when

it

operated

associations

and organizing
under

the

series

a

name

of

the

Cooperative Transportation System."

committee

said

its

originating traffic
166, p. 1895.

more

a

studies
from

disclosed

its

harbor

that

the

facilities

road
at

must

have

Ogdensburg,

N, Y.—V.

Salt Dome Oil

Corp.—Acquisition—New Financing—

22,353
42,824

$386,514

profit-

Common

tEarnings per common share

Royal

statement

Nov.

purchasers

the

successfully."

174,025

60,000

—

.

the

entitling

$693,066

150,672

amortization.

105,917

Abandonments

of

rights

Rutland RR.—Committee Files Reorganization Plan—

$364,971

505

——

—

Commission warned on
brokers or dealers to sell in

for

lying shares in the United States.
However, the Commission added, no
brokers or dealers bought such
rights

"Rutland
•

Exchange

possessions

registration

no

brokers and

out,

6,695,526
19,589,048

Subs.)—Earnings

30—

Operating revenue—.
——
Operating and general expense

or

shares

additional

Since

and

unlawful

be

territories

its

—-—

20,370,000
1,641,216
2.561,874
2,018,516

Securities

The
it

The

corporation, jointly with Superior Oil Co. of Calif., has ac¬
quired leases covering approximately 66,000 acres of submerged lands
in

the

have

Gulf

of

Mexico

approved offering

from

the

state

of

Texas.

Salt

Dome

directors

additional

100,000 shares ($1 par) common
for each
eight shares held,
according to A. C. Yarnell, Chairman. Proceeds will be used for work¬
ing capital.—V. 166, p. 955.
to

stockholders

in

an

ratio

of

share

one

stock, series A.—V. 166, p. 1523.

Scudder, Stevens & Clark Fund, Inc»—Register's with

& Service

operating

ended

220.425.000

and

$173,033

Cr630

taxes

on

to

been

1724.

p.

Public Utility Engineering
•i"

shares

will be used to pay off loans and

67,300

$165,255

income

Bonds—

$137,708

3,683,381
2,672,653
2,819,491
1,252,866
8,704,834

1584.

p.

Taxes

"

3,851

63,000

taxes

considered adequate to
accruing during the year.—V. 165, p. 3174.

_$113,535,735 $74,595,312

—

166,

Total income

Public Service Co. of New Hampshire—Registers with
SEC—
,

gcoyfting 139,739 shares ($10 par)

1

818,197

29,509,780

—

"

•

($25 par)

($1 par)

Republic Petroleum Co. (&

$2,965,361

extraordinary reduction of $869,203 in 1947 included as a
special charge.
tBeing equivalent to reduction in Federal and state
income taxes resulting from claiming as a deduction for tax purposes

$2,175,225 of cost of redemption and. unamortized debt discount and
expense relating to first mortgage, bonds 3V2% series and 4% sinking

18,325

4,056

income

The

After

|

72,476

18,882

taxes

Miscellaneous

the

298,828

$2,929,946

75,777

36,133
taxes

$165,256

Interest

—

||S^Balance available for common
.

stock

Total

$3,264,189

403,281

45,000

301,822
35,112
41,873

income

Interest

58,372

-

.....

•

1,016,276

40,800,000
1,866,214
2,561.884
2,144,259

surplus

Earned

$3,333,227

:Provision for dividends on preferred stock

g

• ■ •

6,800,503
2,646,523

862,724

k

preferred

cumulative

$4.50

Common

Capital

!. '

62,982

Miscellaneous charges
gflf i-

$713,162

333,661

Subscriptions abroad will be opened at N. M. Rothschild & Sons,
London; the Banque" Societe Generale Et Credit Lyonnaise, Brussels;
Schweizersische Kreditanstalt, Zurich, and Lazard Freres & Co., Paris.
Application will be made for official quotation of the new'shares
and subshares on the stock markets of Amsterdam,
Rotterdam, Lon¬
don, Brussels, Zurich and Paris.
This financing marks the first offering of the Royal Dutch Group
to the Netherlands capital market since
1928.
Proceeds of the new

11,052,329

payable

debt

Funded

$4,747,996

1,183,946
134,106

expense

1946

1947

$741,765

26,173,937

1,630,000

(current)

debt

Dividends

$4,606,006

123,835

30—

funds.

1,871,368

$1,458,272
2,810,056

loans

Funded

,

.

operating revenue

Sept.

revenues

16,941,261

$113,535,735 $74,595,312

Reserves

,?!

322, 731.

p.

earnings

Other

$5,389,479

1

Commissions, salaries and wages
Accrued taxes, interest, insurance, etc
Est. cost of completion of service contracts, etc.
U. S. and foreign income taxes (est.)

880,645
1,302,148
1,477,340

repairs...

and

Ended

Capital stock

in

13,755,965

etc

patents,

Trade accounts

7,945,616

Other income

1,
U

Privately—

Placed

LIABILITIES—

1947
1946
$20,829,115 $18,290,613

9 Months Ended Sept. 30—

operating revenues
Operating expenses

Net

Notes

—

25-year

20,064,561

(net)

charges

Goodwill,

Colorado (& Subs.)—Earnings—

Gloss

^Provision

Atlanta, Ga.

Atlanta, Ga.—V. 164,

Security

3 '/a %

1946

2,258,905

buildings, machinery and equipment

Land

Deferred

p. 954.

Public Service Co. of

..V'.'/.v-.

$1.12

taxes

Social

$1.35

30

8,671,912
2,823,057
524,815

assets

Other

the date
will not be issued until

of

equipment

advances

and

Investments

on

iower

(at

machines and

Rental

(net)

receivable

drafts

and

Accounts

Total

Provision

,$1.98

share

1504.

property

will

$1.77'

JUNE

1947
$14,731,590
22,328,326
42,132,569

Cash

a

of

-----'
BALANCE

ASSETS—

sale

any

share

corpmon

per

CONSOLIDATED

distribution to holders of North
record on Nov. 26, 1947, must be
basis,
unless the seller is in a

as

to deliver stock against a "regular
delivery is due.
The stocks to be distributed

pec^ 22, 1947.—V. 166,

Earnings

advised that sellers
deliver stock on
contract, in ac¬

are

has ruled

Exchange

The

distributed"

"when

a

stock

received

common

20 in a notice to its
admission to dealings on
stock and Wisconsin
both a "regular way" basis

common

position

Taxes

1,800,000

$4,473,441

taxes._

NOTE—The provision for depreciation was increased, effective Jan.

2,880,971

dividends

Preferred

mortgage

first

must be in a position to
day after the date of the

Rules.

the

stocks

on

3,200,000
$7,940,170

income

Maintenance

$38,850,017 $29,157,945

Total

appointed

Nov.

on

companyvs

basis,

distributed"

"when

American

250,000

advances

Depreciation

1946,

$38,746,805 $29,020,334
103,211
137,611

I

reference'-to. the

"With

of the above
Power Co.,
common

third

made

Stock

York

said:
1947,

these

of

Federal

65,478

and

Operation

.

1946

1947

June 30—

Months Ended

'

cordance

loans

invests,

on

for

common

p..

Operating

"No

3

Surplus

the

bank

and

f

Subs.)—Earnings—

Remington Rand Inc. &

Ruling—

Power Co.—Exchange

Potomac Electric

a

1

Total

bonds.—V. 166, p. 1894.

stock

$6,345,502
72,061

4,463,290

Rochester & Lake Ontario Water Service Corp.—Earn.
Year

18,362,863

*Dr317,785

Common

166, p. 2107.

used

be

will

Proceeds

and

per

Excise

7,800,000

adjustments

price

sary

Reserves

Pittsburgh Steel Co.—Registers with SEC—
on Nov. 20 filed a registration statement with the SEC
$6,500,000 of first mortgage bonds, due 1967.
Underwriters,
,Kuhn, Loeb & Co.; A. G. Becker & Co. Inc., and Hemphill, Noyes &

of

$6,064,220
281,282

10,061,447

expenses—

(net)

loss

provision

166,

Real

The company

'felectric

possible

store in

3,006,298

1,317,991

income

affiliates not consolidated

Patent

covering

New

8,474,300
5,381,804
1,435,012

$10,810,906
644,742

general

abandonments

advances

on

Rich's Inc.,

6,503,030

241,652

taxes on

liabilities

accrued

to

Dividends

$1,597,130 after

N. Y., has been

New York,

Co.,

See V.

><for-each five held.

21,

1,937,086

$11,455,648

and

Kidder, Peabody & Co., it was announced Nov. 25, has
placed privately with various institutional investors an
issue of $2,000,000 2.85% notes, due Nov. 1, 1962.
Pro¬
ceeds from the sale will be used for additional working
caiptal.
Company operates the principal department

$2,817,894

3,115,590

and Canadian

Federal

Accrued
Other
Due

and subscription agent for the company's offer to common
y stockholders at $49 per share, expiring Dec. 3, 1947. Ratio one share

The

and

depletion.

income

Earned

13,658,515

1,198,553
295,478

rights and goodwill

trade

23,560,166

22,469,133

expenses

Co.—Subscription Agent—

Phillips Petroleum
The Manufacturers

fhembers,

services

and

and

products

Prepaid insurance, taxes, etc.
tProperty, plant and equipment
Patents (at cost less amortization)

and

Nov.

and

'

188,357

$64,261,592 $51,276,818
36,988',863
29,921,482

income

Estimated

9,883,061

.

materials,

grain,

1946

11,385,511

reserve

"Investments in

Unamortized

^'• Warrant

,

oil

and

$7,657,568

v

1

sales

for

Net

supplies, at lower of cost or market
and advances to affiliates

corporation, which
most profitable in

.

<

gasoline

revenue

Operating profit
Non-operating income

Prov.

,

1

1946

1947

Federal

$64,073,235 $51,276,818

Dry hole losses

at

market

or

receivable,

Inventories

1947 totaled $49,267,000 as

income

Co.

and

administrative

Interest

Subsidiaries)
1947
$6,668,774

securities

Government

30

JUNE

SHEET,

BALANCE

1

S.

lower

charges, or $1.10 per share of common stock after allowing
Ssjfdr preferred dividends. These earnings compare with net of $1,626,974
from operations in'the Second quarter of 1947, after taxes and charges
$ : *nd inventory reserve of $1,200,000, or $1.12 per common share.
In
addition,"there was net non-recurring income of $798,147 after taxes,
or
58 cents per common share, so that total earnings in the second
y quarter of 1947 totaled $2,425,121, or $1.70 per share of common
'stock after allowing for. preferred dividends.
*•'
The corporation has paid, off an additional $1,000,000. of-bank loans
and only $2,000,000 of loans remain outstanding at the present time,
ij j Operations of Philco
are currently exceeding all previous records in
i'adio and refrigeration, and television is already an important source
?V of income to the corporation.
Present indications are that sales in
the fourth, quarter will exceed the third quarter figure, so that'total
! yolume
for 1947 should run well over $200,000,000.
Our plans in 1948
:Call for a further considerable increase in the production of refriger¬
ators, freezers and television receivers.—V. 166, p. 1360.

-

cents
last

Corp.—Earnings—

Sept. 30—

operating

of

made

were

2108.

p.

Total
Cost

cents
record

of

LIABILITIES—

trial storage

'

each

cents

166,

75

distribtion of 25

cash

25

record

fractional

of

2,273,547

5,401,431

6,471,051

7,958,588

income

Accounts

for

Sales

Record

'

„.

of

1.—V.

of

resulting

dividend

stockholders

common

a

holders

to

for

cash

a

year,

Payments

31

issued

1

Depreciation

annuities-

to

this

2, April 1 and Oct.

State

taxes

Selling,

tax effect
service re¬

ASSETS—

compared
'with $57,754,000 in the preceding quarter.
This decline was caused
by
a
two-week factory shutdown for vacations, the beginning of
production on new 194& radio models, and withdrawal from the indus-

.

excl.

Other

on

U.

large

history of the corporation.
Sales in the third quarter of

taxfes

made.

be

paying

date

20,

Dec.

on

will

also

same

Jan.

Richfield Oil

2,532,426

Cash

First Nine Mpnths—Reduces
B'&nk Loans—John Ballantyne, President, announced:
f' I Sales in the first nine months of 1947 set a new high record in the

a

3,191,398

on

| -1941 level."

Net

On

was

on Jan.

Total

capital expenditures during recent years and the in¬
creased amount of working capital used in handling the expanded
volume
of
business, which
is running at almost three times ihe

|

4,083,237

inc.

CONSOLIDATED

history, the directors believed that common stockholders should
IYeqeive a special dividend at this time," John Ballantyne, President,
iaid.
"A stock dividend was decided upon because of the corporation's

••/Has

647,388

(Including Domestic and Canadian

its

unusually

the

on

share

year

is

company

1947.

19,

per

regular

the

results

operating
1947 will

499,698

9,302,568
183,016

Dividends

1947.

15,

Dec.

current

the

that

12,759,132

Dividends

Year-End Dividend—

share and a year-end
stock, payable Dec.

record

of

view

"In

declared

20

The

dividend of 10% ' on the common

a

stock

common

certificates

$99,738

common

of

holders

to

indicate

Nov.

on

13,274,321

4,565,828

Charge

Net

per

the

on

Dec.

8,835,804
466,764

taxes

Excess

quarterly dividend
dividend of 50 cents per
12 to holders of record
Dec. 1.
This brings total cash payments on the common stock in
1947 to $2 per share, or double the amount paid in 1946.
i!In addition, the board declared a 5% stock dividend, on the common
stock, payable Dec. 17 td holders of record Dec. 1;
:•
The usual quarterly dividend of 93% cents per share on the pre¬
ferred stock, 3%% series A, was also declared, payable Jan. 1, 1948
directors

The

of

12,173,807
585,325

Scrip

snare

per

profits taxes:

Income

1894.

Philco Corp.—Declares 50-Cent

,

12,436,906
837,415

13,024,566
500,150

charges
Federal
&
foreign

40,320

,

.

$76,459

surplus

12,151,799

Income

tirement

*-V. 106,

14,649,578

Total income

$212,149
71,062
1,029

Income taxes

142,647,173

123,614,351 119,161,791

15,295,513

872,767

payable'in

10.

shares.

17,468,671

income

&

*Net earnings

$

20,165,090

oper

^The directors have declared

stock,
Dec.

9 Mos. Ended

27,000

$133,608
21,470
501

Depreciation

$

161,726,748 124,925,605

expenses-

from

Income

^

125,248

| Operating taxes

3$

1944
$

1945

194,043,637 154,831,182 151,083,671

_

goods sold

JUNE

Selling, genera! and ad¬

342,985

:

ENDED

$

of 1946.

1947
$648,758

& Months Ended Sept. 30—

Gross revenue

YEARS

FOR

Canadian Subsidiaries)

and

1946

for the

of

output

^Philadelphia & Western RR.—Earnings—

I;

ACCOUNT

Domestic

1947

ministrative

:

INCOME

CONSOLIDATED

cancel this indebtedness.

this company and its subsidiaries
week ended Nov. 22, 1947 amounted to 145,465,000 kwh., an
of
6,789,000 kwh., or 4.9%, over the corresponding week
—V. ,166, p. 2107.

5;

•iV,\

Reynolds Metals Co.—10% Stock Distribution—

Quaker Oats Co.—Annual Report—

.

of Susquehanna's

the latter would

Monday, December 1, 1947

n

$500,000 of open account
holdings to Phila-r

npteand

$433,000 demand
With the transfer

•

,

;Weekly Output Increased 4.9%—

i *

.

'

'

dplphia Electric,

•y

COMMERCIAL & FINANCIAL CHRONICLE

THE

*■
■

Corp.—Output—
served

by

this

totaled 247,030,000

corresponding

week

Republic

Pictures Corp.

—

Registration Statement

Withdrawn—

cor¬

kwh.,
last

The

registration statement (No. 6652) filed
covering 454.465 shares of common

1946

and

Nov.

5.—V.

166, p. 1584.

SEC—
The

with the SEC July 31,
stock was withdrawn

:

•'

-

•

•

••

registration statement with the SEC
covering 60,000 shares of capital stock.
Underwriter, Scudder Fund
Distributors, Inc., Boston.
Proceeds will be used for investment.—
V.

company on Nov. 21 filed

166, p.

1259.

a

COMMERCIAL

THE

Number 4651

166

Volume

FINANCIAL

&

CHRONICLE

(2215)

11

■Mmx

'

Operating revenue

Operating-

1947

1946

$5,200,480

:

$3,628,735

$3,123,476

period End, Sept. 30—...
1947—3 Mos.-^1946
1947—12 Mos.—1946
Operating revenue
$5,238,716
$5,389,474 $18,720,567 $20,019,33?

1944$3,224,449

1945

Sept; 30—

•

Net

general

and

1,437,172

1,308,532

1,148.865

$2,320,203

$1,974,611

42,583

49,719

39,627

Prov.

Balance

Other

before

income__

for

Interest

bank

on

etc.

1,092,603

14,883

18,220

510,473

593,401

'992

loans.

:

•Based

-

—V.

166,

pany's
W;ll

used

New ContractsLessees

of

O.—Filing with SEC—

California

Edison

conducted

(& Subs.)—Earnings—
1947—9 Mos.—1946

1947—3 Mos.—1946

30—

$36,510,103

$21,237,503 $15,908,918 $63,300,774

etc.

Profit

in

of

sale

from

vests.

in¬

and

Manuf. costs, inc.

155,478

May,

taxes,

etc.,

the

and sals., prop.

)
amortization-(

for

679,473
33.89922,949

Sell., adm. and gen. exps.

Empl.

pension

Interest

exp

expense—

.

min. int.
profit of a sub.__
of

Equity

Profit

$2,254,186

$2,440,515

883,000

946,800

for

taxes——

from

Trausfd.

Com.

Earned
—V.

share-

com.

per

617.242
$2.22

9 Mos. End.

1947

Sept. 30—

542.331
$3.49

Selling expenses
Gen;

admin.

and

from

Profit
Other

85.957

$3,520,128
223,927

$2,763,259
85,719

$3,683,272
76,608

$3,720,964

$3,744,055

$2,848,978

$3,759,880

57,560

65,733

1,844,950

313,975

charges

1,397.500

1,504,000

$2,009,489
1,043.700

$2,240,055
1!,093,400

$4.04

$4.50

Can. inc. taxes

and

Common

net

income.._

dividends

fEarns. per com.
•After

for

of

share.

$946,468' '$1,096,098
695,800
596,40o

to U. S. Government on account of renegotiation
tOn 497,000 outstanding common shares.

contracts.

CONSOLIDATED BALANCE

SHEET, SEPT.

30,

1947

securities,
$1,505,000;
ac¬
counts receivable, trade (less
$50,000 reserves for doubtful accounts),
$2,245,202; other accounts and notes, $23,828; inventories not in excess
of cost or market,
$5,355,687; prepaid and deferred items, $194,527;
notes and accounts receivable, not. current, $33,700; estimated postwar
refunds of Canadian excess profits tax. $248,046;, investment in com¬
mon
stock of fully owned subsidiary, $127,825; real estate, tools and
machinery and equipment, at cost (less depreciation reserves, $5,933,government

ASSETS—Ca^h,. $3,546,997;

LIABILITIES—Accounts

local

taxes,

of

Mess

$277,500;

stock

capital

shares held

3,000

(500,000

S.

166,

would

Co.

'

•

Year Ended

Operating

revenues

—

Operation

——

Maintenance

;

—

Excise

_____________

taxes.

taxes

Social

—

security

—

——

!t

^

1

taxes—

—_

—i—

i

i

Other

income

i

;

___

T T

12Mos. End. Sept. 30—

Operating revenue
Gas purchased
Operation —:

without

par

Taxes,

&

taxes

come

and

Federal

account

Miscellaneous

)l946

1947
$646,178
229,440 "

$593,971
197.332

—V.

loss,
165,

p.

■

plant

Other

for

22,

2,657.599

70,000
87,732
14,750
4,263

U.

$182,332

.

1

166,




p.

1896.

24

on

2V4s.
Dec.

Philadelphia

bid

a

Dated

1.

of

99.42.

Dec.

1948

1,

to

166,

Plan.—V.

p.

Halsey,

1947;

Dec.

1,

to

1957,

Stuart
mature

inclusive

2146.

Earnings—
s)an. 1 to Nov. 11

1946

"

1947

:.

ig46

$5,738,697 $252,900,346 $239,873,207

* '

$3,784,409

$4,279,881
182,356

Stock

Offered~i-

of

the

scheduled

period

of

30

Securities
to

1828.

p.

Co.—Meeting Postponed—;

days

and

held

be

from

t

Exchange

Commission,
1947, has been
date.—V. 166, p. 1896.

Dec.

on

said

3.

(Ind.)--New Assistant Comptrollers

1725.

Operations-

of manufacturing operations,
largely to accommodate in¬
production schedules for the new Lyons Tooth Paste
wefe
Nov.

on

R.

19

by

Watkins

L.

James

Co.

Hill,

Jr.,

President.

*•''

Divisions,

additional space

over

for

at

Centaur.

products made

Rahway include Dr. Lyon's Tooth Powder, Olostora,
Oil Shampoo, and Ayer's Pectoral, a
cough syrup.

in

Cocoanut

New Vice-President of Unit-rAppointment of

Charles

McDcrmott

B.

as

Winthrop-Stcarns
Inc.,
and General
branch,
was
announced
on
Nov.
17
by
of

Windsor,

for

460,595

at

ten

Vice-President

Formerly

partment

$4,361,916

435,129

—

Talbot, board chairman.—V. 166,

an* order
a

p.

Mulsified

Winthrop
Ont.

Products, Iiic., Mr.
Direction of sales

Canadian sales

years

and

manager

Divisional

Vice-President

Manager
of
its
Canadian
Dr. Theodore G. Klumpp,
director of the medical de¬
McDcrmott
remains

will

with

for Winthrop.—V.

Stone & Webster, Inc.—To Pay

__

457,404

912,630

pares

1,119,763

'

$3,545,299

BALANCE SHEET

AT

T.

make

R.

166,

his

Rider,

p.

1998'.

30,

property.—!

subs,

at

cos.,

cost

______

S.

817.959

Earnings

1,933,156

♦These

1,080.219

2,036,934

44.132

charges

stock

61,292;>

418,111
:

.

stock

($7.50

common

on

68,976

Earned

284

1,697

"

$13,230.

Gas Co.—Record Date—

2,330.275
1,237,573

surplus

Preferred

160

!______

!
^

stock of

subs,

Minority-interest in

held bypubl'cl

common

stock

Long-term debt

-Accrued

deposits and

accrued

for

in

.deprec".
aid

process

and
of

of

•'

Total

-V.- W6, p.

surplus

been

adopted

allocated

by the directors,

and other contingencies

$243,189

sale,

of

4,567,307

192,275

196,974
135;616

33,272

156,403

_

amortization,, etc.-13,300,633
.

43,175

19,012,729
890,506.

--

in

$1.00

inherent

income,

recognition of

in-the present economic situa¬

164,

p.

343.

j.

-i

:U

Plant from Government—

government-owned aircraft engines manufacturing plant
Ind., to this corporation for $3,592,000 has been ap¬

Bend,

the

ten

purchaser is to .pay 20% cash on,closing and the balance
in quarterly payments with-interest at-4%.
However,

years

Studebaker may pay

987,*392

2,926,033

from

large plant expenditures.—V.

of the

South

in.

1,164,857

$69,862,217 $91,323,441

1619.

$211,719

$0.88

to

have

for

34,990,000

,___

..

$312,189
69,000

proved by War Assets Administration, it was announced on Nov., JO.
The corporation,' war-time-operator of_.the plant,
plans, to !\rae it
the manufacture of trucks and automobiles.
Under terms of the

13,334,321

--1,447,635

-

amortization—

construction—'

1946

37,500

—

share

amounts

and of

Sale
in

252,762

liabilities———

debt

in

1

194?
taxes

i

1,237.573

___

accrued

Contributions

11,546.556
!.-

interest—

L_.

share,

$249,219

Sept. 30—

after prov. for all estd.
contingencies

Studebaker Corp.—Buys

2,330,275

^

and-surplus

taxes

interest

on

-■

' 26,850.000
____!.___- 782,384

Accounts' payable:
Customers'

—

•

per

to stockholders of record Dec. 1.
This com¬
share paid to stockholders in December 1946 —

transferred
per

policy

values

$10,569,091 $10,569,091

pari

stock.!

surplus

$1

1947,
per

$69,862,217 $91,323,441

LIABILITIES—

Capital

of

consistent 'With
the advisability,
in their opinion, of retaining a substantial amount of earnings in' the
business
in
anticipation of possible future shrinkages in • inventory

the

tion,
—

for

Balance

153,233

122,808

expense—

_____

$1 Dividend—
dividend

a

130,464
7,175,479

1,358,668

„

supplies and merchandise
taxes, insurance, etc.—

Capital

earnings,

♦Reserved

100,398

Materials,

Prepaid

Net

7,301,520

Treasury

Accounts

declared

Stroock & Co., Inc.—Earnings—

754,544

securities
receivable, less reserves

19

994.

Three Months Ended

Consol.

6,072,741

___:

$1.25

p.

(S.)

1947

$52,965,895 $78,589,129

less—console-

or

—

15.

Dec.

with

166,

Nov.

on

$3,702,748

$3,549,607

SEPT.

directors

payable

$4,822,511

$4,462,237

$4,219,538
674,239

$3,419,965

9

Nov. 19 voted to fix Nov. 26,-1947 as the record date
entitled to vote at the1 special meeting to be held

1947.—V.

Nov.
for

The Rahway facilities are also being used for the production and
shipping of
export
products
of Sydney
Ross
International,. which
were formerly manufactured
in Haverhill, Mass. Other R. L. Watkins

1,834,198

on

stockholders
Dec.

.931,700

makers of the new paste
have
the Rahway, N. J,. plant, half of which
was
formerly occupied by the Centaur Co. Division.
Centaur has
transferred
the
production of Chas. H. Fletcher's Castoria to the
Monticello, 111., plant of the Dr. W. B. Caldwell Co. DivisionV while
R. L.
Watkins will make Mo'.le, Z:B.T. Baby Powder, and
Kling in

965,772

investments

Reserve

on

The

taken

101,694

Company

_L—'

Other

South Carolina Electric

sq'qai'vnn

—

from

1

meeting

announced

661,493

1,474,053

$2,962,561

and

in

Invest,

70,000
104^094
15,936
4,852

3175.

The directors

25000 000

1998.

for

166,

Rahway

552,357

income

Premium

>

_

Revision

V.

Cash

$12,465

Co.

$5,881,977

to

President.

other deduct.

&

Accrued

Net

.,

"
"

_

Week End. Nov. 14

p.

creasing

to

$|2,867.603

income

Gross

37,562

14,250
„

the

offices

earnings

Interest

38.770

2,513

iCr)

etc...:

TO

A.
Underwood, Assistant to (he Comptroller of this com¬
and Yates S. Williams, Assistant Controller of Reynolds Metals
have been elected Assistant Comptrollers, eU'ective Nov
17
1947

The

Gas

De¬

'

to construction

interest,

1980

1.

Sterling Drug Inc.—Revises Production

use

1,208,180

537,974

619.516

EFFECT

$1000 000

Sept,

__

99.3698

Dec.

earnings

—V.

icome

ASSETS—

(payment of interest subordinated

Interest charged

would

135,585

income

13,678
14,250

-Loan

GIVING

1948

due

of

—

state

of

William

1725.

1,730,000

13.678

Corp. ?

p.

332,848

661,493

sale

pany,

Consolidated

adjustmts.
other than
in¬

Net

"

cumul. pfd. stock

which

166,

acquisition

Premium

Service

under

annual

Co.,

769,628

Common

mand note

1,

awarded

was

bid

postponed

1,461,401

788

to payment- of dividends on

Dec.

Pacific

each

Pursuant

A

1

•

transaction

the

from

subsidiaries

of

993,775

•12,348

Interest—'New-York -Water

proceeds

stock

the

from

OFFERING

$100)

Standard Oil Co.

1,856,668

153,095

,

-

proceeds

1619.

Inc.

166,

the

Stock-—

485,819

718

debt—-

interest—

an

1,082,550

12,296

on

th6 week ended Nov. 22, 1947,
with 2,323,000 kwh. for the
increase of 10.2%.—V. 166, p. 2146.

559.521

152,258

long-term

net

OUTSTANDING

Standard Gas & Electric

332.848

—

on

assumed

due

ceeds go to N. S.

1.312,065

Amortization of debt discount and expenstf^-:__

Interest

the

Green & Brock, Dayton, O., on Nov. 12 offered 422 shares
of cumulative preferred stock at $104 per share. .Pro¬

1725.

develop.-

$182,341

Taxes

p.

$5,479

is due to purchased

1947
1946
1947
1946
$13,979,991 $13,917,466 $21,675,545 $18,725,342
4,766,508
4,200,995
3,842,890
5,377,955
4,833.054
3,802,732
2,048,278
2,357,438

Maintenance

$183,086

—

of

be

debentures
(par

p.

issue

Co.

—V.

70,164

Deprec., depl. & am«rt.
Amort,
of utility plant

Exploration

Total
Total

bonds

166,

Gross

consolidated sur¬

$183,085

:

remainder

will

127,968

Company only

Deferred,

Net-earnings

advances are represented by 2.7&%
the company for general corporate
additions and improvements" to its

by

1947

Southern Natural Gas Co.—Earnings—

Inc.—Earnings-r-

Sept.-30—

Depreciation
Real
property

139,784

$174

construction programs.—V.

* "

.

CONDENSED

South Bay Consolidated Water Co.,

Such

used

SECURITIES

2%%

$1,450,000

Co*—Weekly Output—

the

use

common

finance

to
•

1259.

p.

.

company Intends to repay ad¬
and
Telegraph Co.
(aggregating

Federal

for

U.

shares

treasury), $2,982,000;

in

total, $19,246,740.—V.

$13,742,165;

plus,

(less

taxes

Nov.

proceeds

extensions,

The

rata

pro

then

company

stock

The
&

(par

additional

funds

Net

service,

past

value

provisions

$839,316;
profits

excess

99,317
on

Telephone

Period—

137,294

offered

of-record
held,
shares.
Subscription rights
21.
The ofiering was hot

Southern Ry.—Estimated Gross

179,865

$100)

Equipment Trusts Offered—
Salomon Bros. & Hutzler, Drexel & Co., Union Securities
Corp. and Stroud & Co., Inc. on Nov. 25 offered $14,500,000 2V4% equipment trust certificates, series W at
prices
to yield from 1.35% to 2.50%
according to maturity. - <■

for

SEC

■Southern

the

provision for payment to employees' pension trust on account

$595,686;

week last year,

taxes.

payable,

and

the

Southern

Co.

Gas

<te

Other

income

and

gold

—V.

subsidiary of Commonwealth <fc Southern Corp., has
permission to sell an unspecified number of com¬
$5) to its parent and to the public.
The
number of shares to be sold
and the selling price would be
determined
by negotiation
between the two companies and under¬
writers.
Southern, in its petition, says it expects to realize approxi¬
mately $20j000,000 from the sale of which Commonwealth & Southern
would contribute $5,000,000 to $10,000,000.
Commonwealth would obtain the necessary funds from the sale of
its holdings of South Carolina
Power Co. to South Carolina Electric

Treasury

Dominion
notes,

net

are

including

35-ycar

company,

the

shares

$1,700,000),. $488,541; other accrued Federal, State and
$321,533; accrued payrolls and other accrued liabilities,

and

tax

the

American

notes

Capital

1946

dividends

for

business

PRESENT

of this company for
kwh.,
as
compared

output

2,560,000

The

asked

mon

total, $19,246,740.

558), $5,965,928;

of

$343,395

—

(par

.

from

Issued

1947

account of the drought.—V. 166,

on

corresponding

partial payment
war

subscribed,

close

CAPITAL

5%

2146.

p.

stock

mingled with the general funds of the com*
intends to expend before the end of 1947,
an amount
in excess of such remainder for "extensions, additions and
improvements to the company's telephone plant.

operating
has con¬

$386,344

1945 and $491,834 in 1944 for provision

deducting $223,937 in

the

capital stock

Ltd.—Earnings—

-r--

Electric

'$2.20

$1.90

at

telephone plant.
pany,

Magnesium,,

69,011

purchase
Consol.

166,

1945.—V.

Canada Power Co.

depreciation and

totaled

2,598,050

$3,635,007

oper

income

Total

Fed.

824,906

exps._

income——

Other

12,183,083
2,324,496
619,117

14,640.084
2,592,220

sold

goods

in

Basic

agreement.

Southern Co.—To Issue Additional

1945
1944
$17,306,627 $19,278,626
12,006,968
13,167,043
1,972,567
1,885,397
563,834
542,914

1946

loss discts. $21,692,217 $18,646,824

sales,

of

surplus

declared

company for
the company

the Edison
Since then
formal

Southern Colorado Power

(-& Subs.)—-Earnings-^-

Simonds Saw & Steel Co,
•Gross

without

unit

NOTE—Most of the increase in operating expense

$2,042,349

$4,756,350
617.242
$7.70

166, p. 956.

Cost

the

use

capital

of

and

was

earnings

power

$1,493,715
542.331
$2.75

shares

100,000

$9,600,000).

basic Magnesium project. Contract for providing
executed in 1942 to extend until the end of

huge

Surplus

-

$1,371,186

2,450,186

purposes,

600,000
—

$3,144,850

1,353,084

Specialty Papers Co., Dayton, O.

reserve

profit
shs. outstdg.—-

$2,020,204

270,818

contracts

Taxes

1,084,756
936,173

—

3,133,000

$340,743

73,560

PURPOSE—-From

1945,

Operating and maintenance

$3,463,280

$7,880,350

contingencies

Net

to

was

Gross

58,523

.-

inc.

it

Administration,

Assets

War

Month of October—

77,355

30,830

The

May,

Basic

Southern

1,329,123
58.527

2,036,051
95,394
68,977

$151,444

stockholders

the

-

$3,154,847 $29,514,430 $27,550,111
2,526,740
25,476,021
21,794,599
287,364 ' 2,018,205
2,610,963

underwritten.

exp.

expense

for

Prov.

Inc.,

\

j

in

and inc. taxes

Strike

31,605,292
(727,223

52,573,661
)972,105

the

by

Interest,

strike

bef.

13.294.547
(282,407
|
491,347
21,992
27,748

18.075,305
329.567

exps

by

10.

1945.
An agreement with
unit expired in
May, 1946.

tinued

Prov. for depreciation
Prov.

Magnesium,

terms of the contracts, WAA said they will
acceptance by Los Angeles and the company

upon

since

for

power

mats.,

wages

approved

Nov.

agreements.

needed

$16,589,389 $63;635,538 $37,319,327

$21,395,381

income—

334,764

64,924

157.878'

other income
Total

653,745

615,547

cos

assoc.

interest

Dividends,

Basic

$140,000,000

are
the result of negotiations
when Basic operations were curtailed
and the original agreement for power was allowed to end.
„
Under the agreements, the Edison company assumes payment of full
operating costs of the generating and transforming units known as
N-7, and the company also agrees to pay accrued rentals on the
generating unit amounting to $183,081.
This sum is comp ete settle¬
ment
for
Edison's
past use of the unit.
Under the contract with
Edison, the government, it is estimated, will save about $1,050,000.
The N-7 generator was installed by the Bureau of Reclamation for
the
Reconstruction
Finance
Corporation
to
partially supply power
the

of

discts.,

less

sales,

Co.,

on

general

effective

become

1724.

Period End. Sept.

announced

Announcing

common

Sharon Steel Corp.
Gross

surplus

San

Co.—Earnings—

company for subscription at par to
the holders
30, in the ratio of one share for each live shares

expired

in

Subscriptions—

the

October
the

Co.

income

approximately
the

of

portions

plant at Henderson. Nevada, will be assured of a sufficient
supply of electric power to continue operations through May 31, 1951,
under contracts with the City of Los Angeles, Calif., and the (Southern

V.

p.

Of

Trust

charges.

oper.

by the

$3,422,385
3,101,982
168,959

-

demand

plastic
handles.

was

166,

remainder of the proceeds

revenues.expenses.—_

taxes

after

vances

of

letter

a

of

in part tilfr com¬

to finance

used

expended for-the -acquisition of property or for the con¬
completion, extension or improvement of its facilities.

struction,

notification was filed with the SEC for
stock being offered by T. K. Seiberling and
L.
M. Seiberling as executors
ol the estate of C. W. Seiberling, de¬
ceased.
The shares are to be offered at market without underwriting.—
21

Nov.

Net
Net

preferred stock will be used

reimburse the company's treasury for moneys

to part'ally

Operating
Operating
Operating

Stock

were

American

1947—Month—1946
1947—9 Mos.—1946
$3,427,262
$3,159,587 $29,559,500 $27,583,208
" 4,877
4,740
45,070
33,097

revenues
Uncollectible oper. rev._

the

Inc.,

Seiberling Rubber Co., Akron,
On

4,500- shares

bank loans

and

1773.

p.

'Period End. Sept. 30—

SEC.

construction program,' The

current

be

previously

1828.

p.

the

of

Chicago

165,

Operating

cohering the new securities with the

the sale of the new

from

Proceeds -of these

15,000

manufactures plastic tops for sugar dspensers,
plastic restaurant supplies, ashtrays and utensil

authorized

25

by the company to retire $16,000,000 of company's bank loans, rep¬
resenting a portion of the $32,000,000 of barik loans outstanding.

Fort Collins,

Company
dishware,

office

Net; proceeds

sharesvof common stock at par
($1).
Proceeds will be used to retire loans and for ad¬
ditional working capital.
offered

November

a

statement

registration

a

Francisco

San

& Co., Denver, on

Colo.—Stock Offered,—John G. Perry

filed

18

of Sept. 30,

on

Calif.—V.

Southern New England Telephone

with its proposed $20,000,000 cumulative preferred

program

in

Co.

Trust

&

Francisco,

1096.

p.

Commission

U.

P.

to proceed

financing

mortgage

$2.76

competitive basis. •'
It is anticipated that banking groups will be asked to bid on both
the price and dividend of the '800,000 shares of new cumulative pre¬
ferred stock ($25 par) early in December.
The company on November
stock

$448,326
$0.36

$624,311
$0.50

$854,428
•'•$0169''

California

The

60,000

190; 000

375,000

inc. taxes

Seder & Son Molded Products Co.; Lic.,
3

1,085,636 shares.—V. 166,

on

company

1947. current assets totaled $10,341,058 (1946,
$4;732,757) and current liabilities (including dividend payable Dec, 15,
1*47) amounted to $2,708,587 (1946, $1,732,633).—V, 166, p. 1056.

Nov.

$2,991,174

$2.12

$0.74

<

Southern California Edison Co.—Commission Approved

8,000

Net
profit—...
$1,448,765
Earnings per share—,
$1.02

NOTE—As

$2,302,536

$0.92

$798,452

-

Preferred Financing—
595,312

898,623

Prov. for Fed.

$999,124

626,848

share.

com.

j,-

has called for redemption on Dec. 31, next, $157,000
bonds, 3% , series due 1971,'at 103 and interest;
Immediate payment may be obtained at the Bankers Trust Co.^'lS
Wall St.,
New York, N. Y., or at the Continental Illinois National
company

first

Bank

$2,220,550

874,663

contingencies.

for

.5,810,084
2,818,910

3,786,391-,

1,625,972,

502,382

income

Net

amort.,

-

Prov.

$2,024,330

•1,19,4,168'

costs.-i__

Prov. for depict.,

.

The

drill.

intang.,

devel.

and

$2,362,786
722.055

$3,916,556

Total

1,483,855

1,300,834

taxes.

'

demption—
of

——

income

for

♦Earns: per

Prov.

inc.

$2,180,923

153,248

income

taxes

1,043,526

$3,763,308

expenses

Southern Counties Gas Co. of California—Partial Re¬

Southeastern Greyhound Lines (& Subs.)—Earnings—

Seaboard Oil Co; of Delaware (&. Subs.)—Earnings—
3 Most End.

the entire purchase price at the time of acceptance

title."

at the plant, not included in the sale, may be
Studebaker at negotiated prices satisfactory to ithe
111.: Selection of personal property must
be made by Studebaker within 30 days.
r
:
:
The sale is- Subject to National Security Clause restrictions requiring
that' the plant shall, he returnable to the government within a specified
time period in-its, former production rondition- in event*of. a national
emergency.
The engine test buildings and additions and installed
Personal

property

purchased

,

bv

WAA

office in Chicago,

zone

12

(2216)

equipment

THE' COMMERCIAL
to> l)e'maintained

are

for

Munitions

by

Board
regulations.
The
Department of Justice.

the

The

property,

which

has

five

sale

also

appraised

an

in

years

is

to

subject

fair

with
approval

accordance

$3,978,079,

of

value

comprises a 311-acre land site, 12 principal buildings of permanerittype construction, and smaller buildings.
The main manufacturing
building,v with a> gross floor area of 815,390 square feet of space, is a
blackout-type of structure requiring lighting' and mechanical ventila¬
tion at all times.
The appraised fair value includes allowances for
excess wartime construction, unusable facilities and excessive operating
costs.—V.

166,

801.

p.

The

corporation

Indicate

that

"Western

Oil

announced

holders

of

Nov.

of-

common

purchase by Sunray at $68
per share, pursuant to the offer made by Sunray on Nov. 6.
Purchase
of

the

tendered stock

stock

proposed

the

of

have

Western

merger

Pacific

mation

into

Corp.

by

of

contingent

is

upon

consum¬

Western and Mission Corp.
of stockholders to be held

Pacific

and

bef.

Income

Net

taxes

preferred
Earned
of

—V.

166,

3,030,134

337,346

1,122,759

Cr617,220

$396,098

$1,907,375

$954,566

99,266

100,000

298,458

stk._

shares.

$269,132

$296,038

1,006,550

.

1,005,000.

share

$0.27

$1,608,917

elected

was

regular
of

meeting

of

entire

slate

the

D.

"Until

a

overhead
of- the
will

re-elected

Israels,

of

shareholders

of

be

held

in

abeyance,

past

1,006,550

soon

for

the

of

Otto

&

been

in

The

firm

by

and

the

the

the

it

case

expected

lower

of

board

new

condition

financial

is

substantially

man¬

the

scale

Thomas

and

the

review

The

$0.65

the

plans

Adams

the

of

and

following:

Fagan,

Joseph

M.

partner,

Van

Nine Months Ended
Sept. 30—

Telluride Power Co.

"After

(Utah)—To Sell Bonds Privately

has requested authority lrom the FPC to issue a new
first mortgage bonds in the principal amount of $1,250,bonds would be dated as of Sept; l, 1947 and would mature

company

provision

for

1946

The

Eept.

1,

leges

at

rights.

1972. Holders of the new bonds would have no voting privi¬
stockholders' meetings but would have bondholders' voting

These new bonds

supplemental to
bonds

would

Peabody

&

proposed for issuance under an indenture
company's present mortgage trust indenture. The

the

be

sold

Co.,

are

to

institutional

seven

$1,194,357

buyers

is

electrical

an

mitting
the

corporation
southern

and

2,421,380

directors

share

per
the

2,421,380

2,421,380

$0.49

$1.72

estimated

taxes

and

all

The

the

stock

justify.

equal

For

of

|

Jan.

35

stock

common

2,

1948

cents

to

for

months

12

holders

Odin

earnings

and

on

—V.

the

Sept. 30, 1947, net income
which included 42 cents per

regular

quarterly

dividends

of

cumulative preferred stock and $1.06 \\

preferred
10,

stock,

1947.—V.

Insurance

both

166,

p.

payable

OFFERING

TO

stockholders

$9.25
of

Jan.

1,

1948

1259.

Knoxville;

STOCKHOLDERS—Company issued subscription rights
record Nov. 12, evidencing rights to
subscribe at

per.share for all
new
share for
Nov.

the

proceeds

growth and

CAPITAL

will

expansion

STOCK

be

of

GIVING

used

the

facilitate

to

the

continuance

company.

EFFECT

TO

The
SEC

HISTORY

(no

par

AND

into

stock

a

1934.

In

corporation

Company is

Outstanding

100,000 shs.

BUSINESS—Company is

organized in

pany

value)

1935,

under

the

laws

91,800shs.

to

successor

this mutual

Com¬

converted

was

The

mulitpie writing company, authorized by the State of
to engage in the business of writing both fire and casualty

Tennessee

a

coverages.

automobile insurance

only

written.

was

Such

development enables

the

not only to increase its service and capacity to its agents and
policyholders, but affords the company diversification in the character

company

its

risks.
AVERAGE

ANNUAL

EARNINGS

12 Mos. Avg.

12 Mos. Avg.

6 Mos. End.

1935 thru 1940

Per Share—

1941 thru 1946

June 30/47

Earnings
Federal

$0.17
Income

$0.89

$0.74

0.00

taxes-

borrowings
at

earnings

Fed.
-V.

0.08

0.00

releasing
Sales, said
to

$0.17

$0.81

$0.74

The

$45

at

The

registration Nov.

be

$6,200,000

evidenced

maturing

up

for

subscribed
pursuant

32,300
17.—V.

for

to

1,

delivery

recent

of

offering

shares

were

capital

for

a

per

Nov.

on

Since

has

been

at

annum

The

asked

20

Texas & Pacific Ry.—Results from
'30—
1947—Month—1946
$5,530,131
4,364,077
399,463

Dec.

notes

Jt.

fac.

Net

rentals

oper.

ry.

of

common

its

50%

231

and

connection

the

1,

1942,

preferred

with

common

motor

C.

be,

this

increased

It
is

and

the

stock,

due

to

funded

the

the

Vice-President

production

de¬

was

1726.

p.

dividend

a

to

dividends

of

per

share
record

the

at

$5.50

1948, to holders of

including

and

an

application

shares

Oct.

1,

of

rate

1947.

$6

$7,143,900

128,924

1,855,208

1,241,480

24,554

21.305

188,004

151,393

$467,958

$577,183

$5,751,027

$6,335;140

66,150

72,698

$534,108

Other income

$5,354,550
614,007

Fixed

$649,881

$5,968,557

584;113

9,474

income

166,

p.

8,110

81,712

90,915

230,694

charges

Net

-V,

income
deductions

233,695

2,121,044

2,107,174

$293,940

$408,076

$3,765,801

$4,137,051

the

to

the

Interstate

in

The

appointment

charge

of

of

production

G.

is

Kenneth

announced

Pattison

by

Kurt

company's

of

the

$5.50

stated

from

come

share

per

dividend

as

Vice-President

in

into

which

company

bringing

the

locomotive

financial

and

material

stock

common

position

is,

costs

has just moved, at Diversey Boulevard
end Damen and Clybourn Aves., Chicago, 111.
William D. Dreyer, associated with the
management of this company
for the past two years, has been named
Export Sales Manager.
A
rapid expansion of the-company's export business is anticipated as
fioon

«!1

world-wide economic conditions will
permit.
company's line of cotton and plastic household utilities, nearly
which carry the Tex-Knit brand name,
are
already sold in

as

The
off

Canada,

Mexico

and South

America;

as

well

as

Australia,

land, the Philippines, and the Orient.—V. 166, p. 860.




"

New

Zea¬

stock

common

basis

of

stock

four

to

shares

converted.—V.

cents-

share.—V.

per

162,

1328.

p.

represents a
distribution, from
Unrealized depreciation on Nov.
19,

amount

to

to

$1,

net

(EST)

asked

all

to

or

16,

their

of

part

notify

Dec.

on

realized

1947,

aggre¬

share

per

against $1.30 .in 1946.

as

receive

been

p.m.

the

December

166,

divi¬

that

to

company

1947.—V.

effect

172G.

p.

Disinfecting Co.—Partial Redemption—

Dividend

Disbursing Agent—

Company of

dividend
for

the

North

disbursing

America

agent

stock.

common

„

has

been

the

for

For

West Penn Electric
Power

output

22,

166,

of

Water

1947,

output

V.

$5

offering,

appointed

transfer

V.

sec

166,

agent

preferred

cumulative

stock

2000.

p.

the

Co.—Weekly Output—

electric

Works

&

properties

Electric

totaled

105,421,000
93,124,000 kwh. for

of

of

Co.,

the

this

for

the

increase

an

(previously

company

Inc.)

kwh.,

week

of

corresponding

ended

13.18%

week

over

1946.—

of

2148.

p.

Western Light & Telephone Co., Inc. — Would Issue
Bonds—Reduces Preferred Offering Price—
for

be

has

company

permission

shares

of

used

The

First

Trust

Co.

shares

of

of

price

Nov.

has

filed

6

Corporation
3 l/e '<

Commission

bonds

$25).

(par

application

an

Neb,

preferred

been

stock

and

10,000

Proceeds

would

etc.

Lincoln,

5';

Kansas
30-year

preferred

plant expansion,
on

the

to

$1,250,000

cumulative

company

cfefring

applied

issue

to

5%

for

10,000

and

at

reduced

Harris,

$28.50

$28

to

offer

to

Hall

Co..

&

share.

per

166,

The

Chicago,

The

share.—V.

per

through

preferred
2000.

p.

Wilson Jones Co.—Annual Report—

that

oil

Years Ended Aug. 31—
Net

a

1947

Federal

Net

1945

$7,110,584

$5,909,218

1,502,214

742.315

488,387

605,500

345,000

217,500

$896,714

after

1946

$10,342,330

$397,315

$270,887

263,500

263,500

$3.40

sales

Profit

$1.51

expenses

income

taxes

profit

Capital

shares

Earnings

outstanding

...

share

per

CONSOLIDATED BALANCE

treasury

such

of

year

this
to

as

and

substantial
and

payment
rates

part

the

of

the'reduction
of

net

earnings

of" interest

maturing

debt

hand and

series,

receivable

$50,000).

demand

263,500
$1.03

notes,

1947

United States

and

accounts

doubtful

for

reserve

31,

deposits, $696,257;

$162,000;

(after

AUG.

notes

trade

and

and

on

the

of; interest.

$1,076,577;

inventories

(at

in

not

excess

of

ac¬

accounts

lower

the

average cost or market), $2,529,450; claims for refund, prior years'
income taxes, $172,658;
officers' and employees' notes and accounts,

$30,853;

production

on

notes—tax

SHEET.

of

justify

Nov.

on

total

units

18

placed

and

announced

plant and equipment (after reserve for depreciation
of
$2,511,156), $1,788,079; deferred charges, (insur¬
supplies, etc.), $44,187; patents (after reserve for amor¬
tization of $20,866), $2,394; total, $6,502,494."
nad

property,

amortization

ance

postage,

the

in

ductions

further

preceding

orders

few

days

equipment,

crued

181

for

$34,000,000;

Diesel

post

in

1,900

which

of

the $200,000,000
Electro

80

1,500

Motive

"second

division

of

h.p. Diesel electric

electric

rebuilding program"

Locomotive

the

Co.

12

1,500 h.p.

Diesel

electric

the

Union

Pacific

RR,

ordered

40

freight locomotive units; 15 1,500 h.p. Diesel
switching locomotives and eight 2,000 h.p. Diesel electric

road

locomotive

Fairbanks

Morse- &

Co.

locomotive;

gondola

cars

will

supply

Baldwin

switching

one

2,000

Locomotive

locomotives;

and

total,

Pressed

Steel

Car

h.p.

Works,

American

Car

Co.

Diesel
five

&

1,500

electric

1,000

Foundry,
70-ton

h.p.
400

hopper

orders
total

a

boost

the

of 750,000

EARNINGS

total

Diesel

to

535

units

purchased

or

on

for

Federal

166,

p.

an

aggregate

ment

between

prior

to

denced

Dec.

a

in

2Vi%-

England

Gas

Electric

&

Associa¬

Worcester

31,

and

the

bank

provides

that

at

time

any

1949,

upon three
days' notice, the bank will lend
aggregating $750,000, each borrowing to be evi¬
promissory note which will mature Dec. 31, 1952.
Notes

1947

and

annum,

New

amounts

by

issued

of

SEC permission to issue and sell at principal amount
promissory notes to First National Bank, Boston, in
principal amount of $750,000.
The proposed loan agree¬

and

1948

will

issued

notes

annum. ~ The

per

additions

bear

in

1949

proceeds

and

interest
will

betterments

the

at

bear

from

of

rate

interest

the

notes

of

at

Worcester's

2'%%

the

will

be

per
of

rate

used

for

property.—V.

164, p. 3194.

horsepower.

(INCLUDING

Period End. Oct. 31—

Diesel

provision

value $10 per share), $2,surplus since Aug. 31, 1932,
2000.

(par

earned

asked

necessary
new

$24,883;

taxes,
stock

$6,502,494.—V.

(subsidiary

company,

has

unsecured

Worcester

units.

Security
common

surplus, $1,492,464;

Worcester Gas Light Co.—To Issue Notes—
The

tion)
its

h.p. Diesel electric

Social

$620,238;

capital

$1,272,922;

Motors Corp. received orders
locomotive units; 20 1,000 h.p.

and

accrued
taxes,

635,000;

and

wages,

expense.

income

railroad.

payable, $281,748;
employees' payroll
de¬
Social Security taxes withheld, $50,647;
ac¬
etc., $84,378; accrued commissions and miscel¬
$8,199; accrued State and local taxes and excise tax,

income

salaries,

$32,016;

General

freight

switching

American

for

for

laneous

to

units of rolling stock.
The aggregate cost
$26,000,000
will
be
for
locomotives
and
$8,000,000 for gondola and hopper cars.
George F. Ashby, President, said the orders were the largest ever
placed at one time by the company and mafked an
important mileis

LEASED

1947—Month—1946

(Wm.)

LINES)

Wrigley, Jr., Co.—Earnings—
(And

1947—10 Mos.—1946

$

$

Period End.

Ry.

oper.

revenues

39,540,958

34,635,052 333,368,295

Ry.

oper.

expenses

28,202,993

26,510,079

from ry. oper.

11,337,965

8,124,973

87,338,059'

61,646,906

5,577,313

3,644;217

46,006,801

Sept. 30—

wholly

owned

subsidiaries)

1947—3 Mos.—1946

1947—9 Mos —1946

29,267,437

300,465;665

246,030,'236 238,818;759

Net

sales

Profit

$13,606,701
operations.
6,017,086

from

Depreciation
Net:

rev.

"Taxes

Equip,

and

jt.

facility

Profit

(net)
inc.

1,615,891

from

1,717,750'

11,885,200

10,197,411

Other

portation
Inc.

from

and

Net

4,144,761

2,763,006

29,446,058-

1,679,633

oper

income

1,381,846

17,189,729

9,976,496

•

4,144,852

46,635,787

32,158)554

512,381

834,585

6,822,275

Fed.

10,095,792

5,312,013

from

&

3,310,267

39;813,512

22,062,762

all

3,100,000

166; p.

$3,274,244

$1,187,751

230,441

332,867
-

$8,799,669-

277,125

865,597

6,627,947

$3,967,304
1,279,;204

291,316

545,380

taxes

tax

$3,504,685

$1,756,192

1,337,637

$9,665,266

498,495/

$5,791,888

3,606y862

1,799,407

credit

tGain-from sale of

500,000
real

property.

320,625

Consol. net profit....
Shares of capital stock.

$2,167,047
1,967,637

$1,257,697

$1.10

$0.64

per-share

1,966,727

$6,05&;4041,967.637-

1,600,000

/

22|999,590

10,119,366

1829.

"Credit-due to carryback to nrior.

of

current

year,

f After

year

applicable tax.

of. unused
i'Not

$4,813/106
1,966/727

$3.08

income

taxes
-V.

6,899/709

for

foreign inc. taxes

Earnings
Fed.

411,496

2,081,383

(net)____

Profit before prov.

22,182,058

5,824,394

sources

"Includes

106,400

2,602,009

foreign subs.

income

sources

income

$36,049,303
t
16,110,874 $10,928,118

trans¬

investments

other

from.operations

income
from

%

$3,375,534

140,833

Sell., gen. and adm. exp.

Divs.
Net

President.

the company

into

the

on

preferred

LIABILITIES—Accounts
The

Pattison supervised the planning and construction of the
$1,000,000

plant

of

have
been
called
for
redemption
on
Jan.
1,
next,
from
moneys in the sinking fund, $44,000 of
2*4% sinking fund debentures,
due Jan.
1,
1961 at 10 and interest.
Payment will be made at the
Trust Co. of North
America, New York, N. Y.

ceptances

payment."

Fixed & other chgs

Goldsmith,

20

have

4

and
outstanding.
If
capitalization will become

Orders More Rail Equipment—

Total

Mr.

to

wishing

stock

before

"Federal

Appointments—

1947

year

in

or

Com¬

1525.

Textile'Mills Co.—New

1947

Including this dividend, total distributions

ASSETS—Cash

resulting from the
refunding of other debt at lower

rents

Total

Miscel.

11

share

per

said:

company

debt

The

$7,397,762

convertible

15,
share

authorized

the change

declaration

the

dividend

further

was

order for

274,079

income.

dend

the

coaches,

Arnot,

October

166,

"Notwithstanding great increases in wages
heavy taxes, the earnings per.share en the

duty

$727,412

be

York,

history.
H.

of

stock, payable Jan. 2,

July

approved by the stockholders,
effective July 1, 1948.

electric

$4,504,235 $45,550,338 $41,822,446
3,443,616
34;630,388
31,352,587
333,207
3,522,188
3,325,959

be

Dec.

each

share

per

profits.

$1,776,283.

American

164.

p.

requesting permission for authority to issue two
value preferred stock in exchange for each $100
par
value preferred share held and two
shares of $50 par value common
stock in exchange for each $100
par value common share-held.
Contingent upon the Commission granting the above request, the
stockholders at their annual meeting on
May 11; 1948, will consider a
proposal to change the par value of the authorized and
outstanding
capital stock from $100 to $50 per share, and to double
the number

heavy

1947—9 Mos.—1946

cents

the

on

The

$50 par

Diesel

$766,591

(net Dr)

22

Stockho.ders

with

1950.

31,

166,

$

Railway oper. income
Equip, rentals (net Dr>

and

Commission

shares

of

Operation-

New

banks.

Record-—

a

produced
in

declared

authorized

merce

70-ton

Period End. Sept.

of

$50

1,390:
will

On Nov. 21, the
directors declared a dividend of 40 cents per
share,
payable Dec. 29, 1947, to shareholders of record
Dec. 11, 1947,
Of this
amount.
Is cents per share was declared from
ordinary net income

the

cars.

Operating revenues
Operating
expenses
Railway tax accruals..

City

at

share,

Payment

1526.

amounting

and

has

promissory
to

Output

coaches.—V.

disbursing

also

from

166, p. 2147.

next,

per

stock.

the

of

15,

cents

preferred

Bank

may

on

for

Dec.

on

33 Vb

of

Y.

called

and

redemption

quarterly intervals.

board

From

stock

total

withdrawn

the

outstanding 21,112 shares of class A stock have been
redemption on Dec. 23, next, at $27 per share, plus accrued

and

certain

construction.—V.

figures,

than

more

common

1947.

passenger

shares

2,216,632

the

unsubscribed

Co.,

from

by

and

in

40-passenger Twin

the present

on

1,500

stockholders

(par $25)
$99,748,440.

these
that

directors

electric

TexasCo^—Shares Subscribed For—•

of

Wellington Fund, Inc.—Declares 40-Cent Dividend—>

The

The

after

assets

entire
for

dividends

$3.25

Union Paoific RR.—To
Pay $5.50 Common Dividend—
Plans Two-for-One
Split-Up of Present Common and
Preferred Stocks—

for

166, P. 2147.

-The

to

locomotives
passenger locomotive units.

taxes

income

$1,301,950

Service

part

2'/a%
used

the Cities

up

borrow

would

and

In

voted

Diesel

Net

2

of

During October this company
largest single production month

Company is developing increased volume in fire, miscellaneous liabil¬
ity and workmen's compensation insurance, although in its early years

J

taxes

1946

$1,606,229
$4.02

and

Twin Coach Co.—October

Tennessee.

of

1947

deprec.

400,000 shares

subsidiary

a

proceeds would be

will

mutual

a

company

on

permission to

interest

on

OFFERING

Authorized

Capital stock

after

company,

for

In

PRESENT

1621

Trust

of

PURPOSE—Net
•of

the 15,300 shares of capital stock on the basis
each five shares held;
Rights expired 5 p.m.

29.

N.

business
stock

for

dividends
convertible

National

York,

stock

of

pp.

called

1726.

p.

company

Co*,

Chase

New

West

Toledo Edison Co.—To Borrow
$6,200,000—

Dec.

of

one

(ESTl

166,

cash

the War Emergency Pipeline.

of

declared

Dec.

dividends

ended

share,

common

4.25%

current

as

profit

oper.

i/c

quarterly

Tqun.—
Stock Offered—Elder, Wheeler & Co., Chattanooga and
J. C. Bradford & Co., Nashville, on Nov. 21 offered 15,300
-shares of capital stock (no par) at $9.25 per share, sub¬
ject to prior rights of stockholders.
to

v

of

declare

to

amounts

the 4:10%

record

Tennessee

J

the
per

on

the

on

holders

such

also

share

per

share

per

shares

payable

1947,

intention

the lease operation

directors

$1.02 Va

in

$2.31

to

share from
The

31,

10, 1947.
expressed its

common

was

outstanding

of

remaining

the voluntary dissolution

Warren Brothers Co.—Calls Class A Stock—

Nov.

Dec.

board

position

Dec.

dividend

initial

an

the

of.

approved

other

Construction Co., Inc.—Earnings—

Years Ended Sept. 30—
Net

Earned per share

in

declared

25

2,100,000

quarter- endingrecord

of

to

the

on

Nov.

on

3t.,

close

1999.

Tishman Realty &

Tennessee Gas Transmission Co.—Initial Dividend—
The

The

at

called

accrued

cumulative

common

Kidder,

through

purchasing, generating, trans¬
electric power and energy to consumers in
parts of Utah.-

distributing

and

central

engaged

the

$4,168,578

depreciation,

last,

There

New York and Mitehum,

Tully & Co., San Francisco.
Proceeds are to be used to call and pay off outstanding indebtedness
and to provide funds for construction of'new property.
The company

plus,

4%

Preferred

for

1945

series of 3%%
«00.

of

Broad

of

has

company

gated

$3.78

charges.—V. 166, p.

after

disposed

or

10,

Wallpaper, Inc.—Partial Redemption—

shave,

made

The

the

partner,

$9,144,682

outstanding

practicable

as

Moore

1947

share

per

The
Per

manage¬

Raalte,

Co.—Earnings—

"Net

soon

166, p. 995.

United

Garibaldi

J.

as

the

of

Blauner,

D.

be

have been sold
The stockholders on Oct.
of the
corporation.—V.

securities

Timken Roller Bearing"
profit
Capital shares

will

corporation

stockholders

to

sent

& Schley;
J. J.
Organization;
W. D.
Kelly,
M.
Shroder,
President,
Millard
Shroder,
Inc.;
B.
H.
Roth, partner, B. H. Roth & Co.; Jonas Reiner,
President,
Custom
Undergarment Co.; and N. J.
Zaro,
President,
S-P Socket
Co., Inc.—V. 166, p. 1933.

President,
stockholder;

but

declared.

McGoldrick,

includes

now

Co.;

made,

McGoldrick

be

*

have declared an initial
liquidating dividend of tlivo
share; payable Dec. 15 to stockholders of record Nov. 28, 1947.
The) timp of subsequent
distributions, if any, has not been detedmined,

166,
will

Voted—

directors

cents per

salaries

that

than

detailed

its

letter

a

progress

Mr.

Liquidation—Dissolution

The

of

named

was

question of officers'

complete

can

Messrs.

United States Oil & Royalties Co.—First
Distribution
in

N.

law

Committee,

made

any

keyed

company,

future,

directors

Fuerst

be

boavd

the

to

Treasurer.

Robert

years."

the

as

facing

addition

board

1,005,000

$1.60

$0.29

Monday, December 1, 1947

shares

has

but

will

several

Co., was elected
Vice-President of

Vice-President.

Independent

24,

proposed by
Adams,
Vice-

company.

study

remuneration

and

the

to

Nov.

on

directors

formerly

business prospects
Goldrick said, "the

Mr.

agerial

Raalte,

the

at

26.

tally

stockholders

Executive

Secretary

the

future

company,"

the

Van

became

counsel

to

thorough

costs,

R.

McGoldrick,

Chairman

Committee.
Brig.
Gen.
Donald
B.
director of Southeastern Public Service

Counsel

Earnings
The

Joseph

company,

Comptroller,

election

and

&

General

$654,566

1525.

p.

this

300.000

cumul.

com.

the

Garibaldi,

Cr346,181

stock

on

per

49,917

$368,298
$4

common

Earns,

$69,394,419 $44,962,081

82.129

on

the

was

Berlack

ment

.

income

Dividends

No.

450,527

income

on

$16,774,353

of

Independent

In

taxes.

Federal

for

Prov.

Fed.

City

informing them of

1947—9 Mos.—1946

1947—3 Mos.—1946
$21,628,054

York

following

President

less returns

allowances

directors

of the new board held on Nov.
McGoldrick
announced
that
the
final

conlirmed
the

of

meeting

Mr.

votes,

As

Period End. Sept. 30—

New

initial

problems

Sylvania Electric Products, Inc.—Earnings—
Cross sales,

board

of

Sunray to be voted upon at meetings
5 and Dec. 6.—V. 166, p.
1998.

Dec.

-oil

old

former

for

Sunray

CHRONICLE

Culminating the successful fight of independent stockholders to oust
the

Broad

preliminary tabulations
stock of Pacific

that

25

shares

111,215

FINANCIAL

Thompson-Starrett Co.—McGoldrick Heads New Board

President, and Julius
Thompson-Starrett Co.,

Sunray Oil Corp.—Progress of Merger—

&

excess

$2.45

profit credit

stated.

NOTE—The
for

United: Fruit Co.^-New Liner Launched—
On

Nov.

24;

1947

Bethleh'emrSparrows
is-the

eighth

yard—V.

166,

in
p.

a

the

company's

Point

Shipyard,

program

1726.

liner

ULUA

Sparrows

of" nine

sister

launched

was

Point,

at

Maryland-:

the

She

ships- building; at1 that
.

above report includes profits from
foreign subsidiaries
months ended Sept.* 30,. 1947. in the- amount of'
$©17,418
prevailing rates of exchange.
It does not include the.comequity in net profits of unconsolidated' domestic subsidiaries

the .nine

stated! at

- s

-

pony's
which

taken

V.

were

into

166,

p.

$19;1.509'in: excess; of dividends-

earnings
1622.

for

the

received "therefrom

nine*months/ period- of Sept:

30,

and

1947.—.

Volume

THE

Number 4651

166

COMMERCIAL

Stock Record

&

FINANCIAL

CHRONICLE

(2217)

New York Stock

«»

Exchange

DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED ISSUE

.Tuesday

Nov. 24

f

t

*72%

73

Vj

S5

7%

tier

72%

*80

7%

*57%

f

share

72%

snare

SALE

Nov. 25

■>.)

No\

HIGH

AND

LOW
Moo day

Saturday

n<»r

72%

7%

7%

t

Nov. 27

share

72%

73

per

*80

7%

f per share

58

58

56%

58%

17%

17%

17%

17%

17%

17%

17%

56%'

Abbott

2,000

ACF-Brlll

1,600

56

wu,

13%

38

60

48%

48

48%

47%

47%

*'46

50

400

Adams-Mlllis

36%

*36

3J'/U

35%

36%

36

36

8%

8%

*8

8%

7%

28%

28%

27%

28%

27%

27 '/a

*100

105

105

105

*100

*100

4 Va

900

Admiral

26%

27'/a

13,100

105

*100

Alabama

4 Va

4

4

4%

18 Va

18

13

18

18 VB

17%

17%

*87

88

*87

88

*87

88

88

83

3%

32%

*

72

3 Va

3%

3 Va

3%

338

40 Va

39 Va

39%

39%

39%

39

72

70

70

70

70 Va

70%

33
95

12

32%

33 Va

x31

32

30%

31%

95

95

*:)3

98

xl2

12

*11 Va

12

197 Va

202

*20

20%

35

35 %

35

32

12%

197%

20%

34%

95

12

198%

*20%

33%

33 Va
*92

12%

198%

32

*£7

31%

97%

97 Va

39%

39 %

39%

94%

S4%

£4

94

*30 %

30%

30%

30%

6 '

*6%

8

9,300

9,400

Allen

Industries

3,100

Allied

Chemical

197%

20

20 Va

*20

39 Va
*94

30 "a

31%

6,900

Allied Stores Corp common.—No par

*37

97%

*97

97 Va

100

3^3/s

39

39 %

x37%

38

3,800

94

94

93

93 %

1,200

30%

3034

30 3 4

30 Va

30%

600

Alpha Portland Cement

500

Amalgam Leather

*

6%

6 3 '8

6 3/a

6'4

53

49

49

84%

85%

50%

50 %

50%

49 Va

50

49%

50 %

49'4

49%

8'

7%

a

734

8

7%

8

7%

7 Va

60

7%

6%
Amer

21%

21%

213/8

21%

21 3

70

70

69

69

69

69

*67

69

12

12 Va

12%

12 Va

12%

13

13

*12

12%

400

American

40%

40%

41%

41%

*40%

41'/a

41

41

41

700

Amer

*108%.

109 Va

*108%

109 '/a

109 Va

109%

400

4%

5%

4%

*21%

21%

*69

71

12

5

*

110

43/4

5

4%

80 Va

83%

181 %

181%

180

180 Va

179 Va

44 %

44%

44

44%

43%

107%

*106

107 Va

84%

*106
23 %

82%

49%

50 Va

49%

*20%

*

21

50 Va

20 Va

20 Va

50%

20%

21

21

20%

21

21

21

92

91%

91%

42 %

41'/a

42 Va

51

20%

800

91 Va

41%

x393/4

41%

39 Va

40

20,700

106%

104%

105%

t

105

3,700

*31%

31'/a

30%

31

5%

5%

5%

15%

15%

15%

18

18

2%

18%
2%

2 Va

2%

2%

2 Va

23/a

2%

97%

97%

95 Va

96 Va

95 %

95 %

95%

95 Va

9%

9%

9%

8%

9 Va

9%

8%

15%
*18

*82

91

a

5'/a

15%

17%

81

16
17 Va

3 % %

*37%

37%

*37%

*37'%

7%

7%

7%

7%

7%

7%

7%

*52 Va

8%

*8

100

*93

100

*93

12%

*12%

14

14

*14

19%

19%

*12%

'

*93
*

12 34

t

•>•>

1

92

*9%

14%

*14

14%
19 %

7,000

Nov

HIGH

t

oct

share

94

26%

27%

129

*91 Va

10

10

31%

31%

32 3

33%
100%

*100%

Sales for

Nov. 28

the Week

I per share

share

1 per share
21 %

21%

*91%

94

27

27
129

2.000

94

Amer Mach

130

9%

2,800

8%

8%

22,400

96 %

4,600

$6

3,800

$5

68 3

68 V2

4

15%

15

Day

%

34 %

*10l3/8

101%

10%

10%

10%

10%
*17%

18 V8

17

17

17

38%

39

38

38

*38

68%

68%

69%

69

693%

'/a..

153/a

Amer

14,800

178 %

178

35

17%

17>

153 %

150%

3434

343/4

153

151 Va

*34%

343/i

*1

*140

140

144

*140

144

29

34%

153%

154%

34

34%

*138

140

10

29,500

102

500

10 %

4%%

American

2,100

No par

Inc

1,300

140

*22%

40

6%

43%

129

129%

300

19 3/4

2,600

152%

153 Va

13,800

1%

153 %

1

1%

142%

140

141

1193/a

*119

119%

*119

56%

57%

56%

1183/4

141%

141

56%

56

non-cum

17%

18

17%

18%

17%

17%

48%

48%

48%

49%

46%

48'/a

100

*96

*99%

98

98 Va

95

a

*66%
67 %

140%

142

68 %

141%

Rights

No par

6

100

6%

17%

12,500

Am

44

43

43%

36,000

American

5%

300

Conv

6%

6%

6%

*63%

64%

300

36%

35%

36 Va

16,500

70'%

73

72%

75%

74%

76 %

7334

77%

75%

77

5,240

35 %

35%

35%

35%

35 Va

35%

35%

35%

35%

35%

1,700

102%

102 Va

102%

102%

;*11

12%
5%

5

^5

.

5

;

,

38 y

♦For

footnotes

37 %
see




*5

Ml'

5%

'

'

*37

"

37%
page

:

24.

-

36%

36%

116

Jan

8

10

100

92

Nov

20

No par

9

Sep

25
x25% May 19
129

Oct

21

9% Nov

26

28% May 27
8% Nov 28

No par

28% Sep
101

111

May

16 3/a

Nov

Jun

15%

Jun

44 Va

119

Ovy

Jan

May

100

106 %

Jun

Nov

25 %

Jun

32% July 17
147
July 17

23%
133%

Oct

43%

14% Feb

5

May 21

7

Dec

11

163

Oct

39% Feb

24

34%

24

W%

Sep

21

97%

Jan

21

68%

Jun

July

17% July

Sep

16% Feb
129% Feb

Jan

117% Feb

99

45% Mar

Nov

12%

25

21

Highest
6 per share

Oct

98

Nov

Jan

21%

3

81

24% May 19

2
15

25

11% May 19

$ per share

Jan

Nov

176

Lowest

15% Feb

91

900

Amer
$5

prior

25

60

Apr

22%

Jun

133% Aug
123% Aug

17

Feb

7

12%

Wnt

23

Feb

186

Oct

8

Xl73%

Nov

186

Feb

37% Feb

7

27%

Jan

42% Aug

109% Feb 24

95%

Feb

108% July

&

Elec

Zinc Lead

&

11%

100

Andes

Copper

A

/

P W Products Co

"

t.

j

-^4-.;., :

Feb

50 %

28% July 24

25 Va

Dec

43

29% Jan

24

Sep

Jan

7
2

38% July
58% Feb

146% Feb

24

138

Sep

158

Apr

159%

Jun

10
3

19

Oct

174% Feb

4

lap

172

38% Oct

Apr
Feb

May

22

19

2^ Oct

5

19

84% Feb

5

Nov

200%

73

Oct

76%

Oct

99% May
100 Va May

29

82 % Feb

61% Apr
Nov

7

41% May 17
xllG% Oct 10
12

May 19

163% July 23

150

174

July

3

48%

Oct

78

May

120% Aug 12

116%

Sep

121

Jun

13%

Oct

58 % Jan
18% Feb

8

16

50% Oct

20

May 23
68 % Jun
5

110% Feb

13

100%

103% Feb

13

87%

26% Jan
90

1

29%

8ep

28%

Jan

Jun

70%

Jun

OP.

182%

Jun

Dec

105 %

Nov

10% Jan

6

7

Sep

15%

May
2
30% May 19
45% Jan 15

69% Apr

1

64

Dec

90

5

35

Oct

51%

26

41

Sep

60%

Jan

35

51

4

38

Sep

62 %

May

111% Mar 10

108

5% Mav 19

25

62

50

Nov

20

101%' Nov 28

21%

,

20

15

140

No par
com

X45

Apr

62

46% Jan

10
20

16

14% ADr 15
10% Nov 15

42

Mar

77% Nov
Jan

.

-

X114% Mar

Jan

15%

o-t

16

13%

Sep

4%

Nov

10%

Feb

26% Mar

41%

Dec

Jan

29

17

6% Feb

21

29

39% Oct

15

,

Feb

43%

Ap^

30

Dec

Jan

May

58% July
7
20% July 24

3% Jun

_No par
i

50%

Nov

Inc___.___.__5

.

Dec

Apr

27%

149% Jun

Corp.

Archer-Daniels-Midland

191

6

25

Mining

400

34%
160

Oct

8

30

Co

400

r:

165

Feb

Anaconda Wire & Cable
No par
Anchor Hock Glass Corp corn—12.50
$4 preferred
No par

*10%

5

Jan

18% Oct

Copper Mining

12 V2

Mar

37

100

Smelt

July 17

158

new—5

preference

*11

5Va

Oct

40

Feb

31

100

&

36%

May 19

172

Aug

25% May 19

com...No par

Oil

*5

139

common..No par

Anderson-Prichard

*36%

33

100

Jun

No par

prior conv preferred

Anaconda

110

-

par

100

Anderson* Clayton

'. /

$ per share

18% Jun

25

300

5

118

Year 1946

Highest

t per share

100

10,800

103

36%

Sep

108% Nov 25

Corp common..14

20 Va

5

9%

18% Mar

Jan

28

22%

1% Nov

53 Va

36%

Sep

99%

Oct

10

common

101%

11

8%

13

30% Feb

B

19 Va

11

10% Jan 24
106 % Mar
7

18% Mrv 19

No par

Tobacco

*52%

12%

Jan

Nov

Range for Previous

com

101%

*52%

19

Jan

63

35%

11 v,

1

19 %

53

18%

Jan

Dec

5

No par

53 %

*101%

53

19

12'/a

Apr

May

Oct

Lowest

com

19

103

53

19

553/4

May

31%

14% Nov

Preferred

6C0

64 %

53

44%
118

44%

Range Since January 1

Co

Woolen

90

6%

*11

Wks

100

64 %

*101

Wtr

90

36

-

27

May 19

preferred—

*97

.

129 %

10

x34% Jan

12

STOCK

Foundries

American Viscose

99 %

36%

19 Va

Jun

Oct

37% Sep
5% Oct

9% Oct
55

5%

1

preferred

class

92 V'8

64%

54

May 16

Apr 23
9% May 17

8

1

common

preferred

16%

36 Va

19

16

90

100

common

Tobacco

Common

17%

*63%

*53

Jan

22% July 30

—

American

17%

36%

7

5% May 19
49

1

May 19

119%

63%

*6%

42% Apr

Mav 17

460

63%

7

July 29

37

50

American Tel & Tel Co

2,800

35%

6%

®iep

34

740

56

119%

36 %

6%

90

116

4,400

65

6%

3

70% Oct.

1

Co

American Sumatra

1,100

68%

35%

*63%

Oct

Jun

54 Va

x92

Sep

18

21

119%

x43Va

100

25% Feb
101 % Feb

23% Jun

56 %

99%

100

*93'/a

100

100

99

100

■

115% Jan

No par

119%

119

6% Feb

11
28

No par

65,700

20

■

57

500

193/4

1293/4

68 Va

143

25

American Sugar Refg common.—100
Preferred
100

23%

43%

69 %

57

Jun

28% Aug
14% Jan

2% Nov

100

Snuff

Stove

143

23 Va

Nov

89% Sep
8% Nov

10

Preferred

American

American

1%

Oct

17 Yt

9

Apr

400

3434

*138

44

68%

13%

10

Sep

Jan

23 %

67%

Feb

17% July 28
20% July 15

Jun

73%

43%

1%

ll'/a

Sep

*22%

69

75

Sep

45%

43%

68 %

Not

0%

28

23 %

1%

41%

69% Nov

43%

69

6

7

16 %

No par
No par
com

Jan

6% Feb

13

40

Co

46

48% May 19
150% Nov 24

153 %

*22%

68%

3% May 19

5,900

44%

l3/8

25% May 19

20

23 V*

69%

28

52

*431/4

683/4

102% Nov

Jan

48% July 28
118 % Oct 15

33%

*22%

1%

July

28

Dec

44 %

69%

Jun

39% Nov

Apr

32 %

«»«>r

26%

68%

108

Sep

23%

1%

Dec

Feb

19

*42%

69%

Sep

97%

102

14%

*22%

69 Va

20%

24

21

1

Stores

13/a

4

Mar 12

12

Feb

34 Va

33

Steel

69%

Oct

69 3 i

*34

140

69%

17%

Jan

15

American

153 Va

7

40%
150

oct.

10
4

American

153 %

5

56

42% Oct

900

153

Aug

26% Feb

,,

16% Feb
22% Feb

3,500

153%

Nov

104%

27

26 Va

152%

Op»

21Va

0

9% Aug 25
15% May 20

28%

153%

96%

10

Feb

34

26

153

8

28 Va Feb

110

par

23

129%

115% Jan

par

26 Va

xl9%

72% May
132% Mar

Nov

90

20

Safety Razor

28 Va

20

Nov

100

Seating Co
No
Ship Building Co
No
Am Smelt & Refg common..No

28

130

42

American

*26

19%

1

Amer

283/4

*129

210% Mar

130

26 Va

20

Dec

700

25%

131

79
184

10

com

preferred

x28%

19%

1

12

Mar

196% Sep
54% Feb

17

152%

34 %

conv

29%

*129

xl9% Sep

100

No par
No par

26 Va

19%

10

com

1

Light

23

131

5

8

99

Oct
Oct

38%

69

154

&

26%

19%

47% Oct
19
Sep

Amer Rad & St San'y com___No par
Preferred
100
American Rolling Mill com
10

60

34%

Power

29

*129

94

No par

SS

May 21
May 21

20% May 21
105% July 18

100

Co

*26

.

Inc

preferred

T

178 %

10%

Jan

preferred

85

39

103/4

Feb

106%

.

95

68 %

40

17%

American Metals Co Ltd com.No par
6%
preferred
100

180

'

*39

*6%

cum preferred
Machine & Metals

Amer

84 %

8%

a

101 %

8

Fdy Co

84%

100 Va

7% Feb

3.90%

100

129

&

95 Va

17%

10%

21%

News

100 Va

3% May 19

1

Par

Molasses

151

12

YORK

American

34%

110% Nov

108% Oct

EXCHANGE

American

39

17 %

NEW

500

34%

30

Shares

27%

9%

934

178%

15%
180

Apr

100

STOCKS
Friday

1,000

33 Va

64%

3

u__100

9 %

*178%

Oct

preferred

3134

33

100%

7%

9%

84

85

3b %

Locomotive

*31 Va

94

3

preferred

9%

8%

9

97%

Feb

common

31%

182

4

100%

10%

10%
17%

15%

15%

15%

*173%

182

33

81

88

87 %

15%

i534
*178 %

91

98%

97%

89

8 Va

93a

9

9ab

50

Leather

31%

10

32

36

Products

non-cum

American

700

Nov. 27

Thursday

132

*129

No par

Lines

9%

9%

99%

9 Va

26%

27

130%

*31 %

9%

89

*

9%

10

99

per

2 1 3/4

22 %

*91%

1

109

Home

PRICES

Nov. 26

x21%

*9%

SALE

108%

108%

Wednesday

05

33

*9%
*31

*

AND

Tuesday

132

*130

108 Va

108 Va

Jan

com

American International Corp
American Invest Co of 111

500

19

108 Va

Jun

30

preferred

conv

6%

19Va

9%

27

27%

100

12 %

12%

19%

94

*91%

10
132

400

221/4

*9 %

*27 Va

12%

*93

100

6%

*13%

share

ver

92

*130

American Ice

14%

111

22

22%

*22%

American

1,200

"

19 Va

Nov. 21

share

tJ*r

6,300

8%

14

LOW

Not

24%

8%

19 Va

Monday

Saturday

54

24%

19%

111

88%

Nov

Hawaiian

*52%

12 Va

Ont

12%

series A

American Hide &

8%

*93

72%

$7 2nd preferred A
$6 preferred

25%

12%

7

5

Co

Export

53 Va

100

12 Va

Jun

77% Jan
17% Feb

Encaustic

8

Jun

July 15

Cable

Chicle

25

Apr

May 19
May 19

Co

preferred

American

53%

9

Amer & Foreign Power com..No par
$7 preferred
No par

1,200

75

91% May

*

67

Co

14 %

19 %

112

*111

*8 Va

ii

37% Nov

1

common

&

8 Va

54

25

8

24

50

preferred—

253/a

*52 Va

54

50% NOV

Apr

Tiling

200

f^r
,

34% May 16

Dec

18,200

83%

Oct

45%

American Distilling

900

Oct

44
64%

9

Oct

American

8,300

6%

July 24

25%

2 Va

9

38 Va

25'/a

Apr

90

7

prior preferred
American Cyanamid Co

i

3

51

7

Jan

93%

*7Va

8

8Va Feb

16

31

American European Secur

*37%

25 Va

5% May 19

Nov

20% May 19

American

734

*52%

39% May
12% Apr

10

common

2,000

38%

25%

Sep

19%

2,300

7%

54

95%

25

Jan

74%

16

*37%

25%

Not

23

35

inuv

4%%

3 7'/a

*53

Not

91%

Nov

700

*78

38

30%

27

26

67%

23a

82

*80

81

14

99% Oct

Jun

Mar 26

17%

xl7

42% Oct

July
62% May

80

93%

18

9

,

108

11% Apr

300

5 Va

15%

163/8

18

*15

82

82

84

32

*5%

105 %

28

Colortype Co
American Crystal Sugar

40

32

Not

No par

20 3%

5%

99%

Amer

91%

32'%

5%

July 28

36

92

*5%

32 a.,

5 %

63% May

No par
100

203/4

32%

32%

Nov

28

American

102 3

31%

7

400

106

106 3

106

107%

Jan

6

28

*20%.

4

*106%

Jan

39% Mar

Nov

American

Jun

39

Nov

1,800

212%

29%

79

20%

July

Oct"

154

Sep

175

conv

24

7% Nov

Corp

Shoe

Chain

61% May
113

58% Nov

cum

5%

Nov

Jan
Oct

Dec

25

*91

41'/a

202

38

91%

5

1

Preferred

_

ib

12

18 Va

100

92

*91%

*42

50%.

203/4

203/4

20%

*90%

50 Va

20 Va

Jan

29%

100

23

Jan
Jan

82

48% Feb

American Car & Fdry com
7%
non-cum preferred

1,900

107

8%

69%

Oct

Apr
12% Nov

900

107 Va

23

*106

Oct
Oct

preferred. —.100

common

American

*104

233/,

3%

29%
52%

;

Mar

Note

Bosch

Can

Aug

14

Jan

610

41 Va

Feb

103

36% Oct

73

4,800

178%

Mar

22% Feb

46

3,100

41

i35

Oct

8

104

May 20 *

50

preferred
Brake

Jan

17

23

No par
Chemical-No par

conv

American Bank
6%

Apr

Feb

44

13

Oct

59%

76% Nov

Jan

24t/b May 19

1

com

4%

176

107

x50 %

cum

Inc

80 Va

4%

102% Aug 11
5% Feb
4

Feb

Nov

30 % May 19

Corp

preferred
Amer Cable & Radio Corp

106

106

3%%

40

43

*106

51

0'

Dec

18

20%

91

No par

79

181 '

*23 %

233/a
107

1,800

*109%

4%

42 Va

107

21%

a

82

179

43 Va

23 %

*106

107

*106

107

*106

23 3,4

23 Va

23%

*105

181

Day

109%

4%

82 %

813/4

*83

109'/a

Thanksgiving

2,800

21%

22

4

Co

American Airlines

59

59

90%

Nov

41%

30
Jan 16
97V2 Nov 24

100

preferred

Agricultural

59

58 "4

preferred

conv

Petroleum

59

59

51% May

Sep
Dec

18
May 17
29 Va May 17

No par

100

convertible

Amerada

18,900

.

cum

60%

61

Inc

preferred

3%%

1,300

8

5

Co

Allis-Chalmers Mfg common—No par

800

*50 %

4%

200

85%

12%

Nov

164

31 Va

*49

Sep

25

No par

Dye

31 Va

85 %

60%

&

Mills

6%

5

2

10

Kid Co

53

104

8

25

Allied

85 %

18

11

Allied

6%

Feb

6Va Feb
31% Jan

112

Aug 27

30% Nov

300

85 %

*49

33

90% Nov

2,900

86

53

1

1

new

33 %

85%

*49

Inc

20 %

86%

50

1

32 Va

30%

38% Feb

85

33%

*85%

50

100

31

x23%

34%

8%

56

10

196

24%

to

2% May 19
25 Va May 19

1,200

198 "2

'*11' .*

10

4
Apr 14
17% Nov 17

preferred A
100
prior conv preferred-No par
Allegheny Ludlum Steel Corp_No par
Alleg & West Ry 6% gtd
100

12

Jun

40

$2.50

800

68%

Jan

10% Feb

5%%

3/J09

Feb

40 % Oct

104

5

4%% preferred
Allegheny Corp common

97

11 Va

100
Mining.—110

Goid

common

94 Va

*97

7

*93

No par

97%

34%
31%

S8%

3%

3%

197

201%

20%

*20

32

39%

6%

Inc

24%

Oct

May 19

May 27
30% May 16
6

Vicksburg Ry

Juneau

Aldens

71

/a

&

Alaska

1,500

39 Va

69 V2

1

9,000

■

70

3%

40%

*90 %

4 VB

39 Va

3%

40 %

*69'%

4

60

*

26% Nov 28

*

Corp—10

Corp

Air Reduction Inc

105

4
18

88

No par

Addresoograph-Multigraph

7%

4 "a

*87

Corp

800

7%

18 %

May

29

20

48%

4%

Feb

x50

Oct

36%

*18

19

18% Oct

8%

27%

Not

13% May 19

36%

V

Dec

May

8

1

I

eo

share

169

10

H»% I

tjpf

91

105%

01%

Co

50

>100

2.50

I

Apj
Oct

7

July 28

110

Highest

J per share

6% May 21
43% Apr 19

*8%

27%

Co

87% JAD

Year 1846
Lowest

Express

Adams

3,500

66% May 20
00
Jun
4

No par

Motors

36%

*4o%

Range Since January 1
Lowest
Highest
t per share
$ per share

No par

com

Straus

Steel

Acme

400

17%

17 Va

Laboratories

Abraham <fc

6%

,*55%

Range for Previous

STOCK

Par

95

6%

6%

*56

73 %

*80

YORK

EXCHANGE

Shares

ihare

72 %

95

6%

I pe*

NEW

the Week

Nov. 28

73 %

58

17%

STOCKS
8ales for

Friday

Thursday

Nov. 26

share

7

PRICES

Wednesday'

95

*80

95

13

x64% July
27% May

I:

24%

Feb

NEW
LOW

Saturday

Nov. 24

t per share

Nov

t per share

14

13%
109

13%

109

HIGH

•

25

.

14

13%

STOCK

Nov. 27

14

133/4

13 Va
109

109

109

19,800

109

48

48

48

48%

48%

49%

49%

493/4

1,300

97%

97%

96

97%

96%

96 Va

*95%

96'%

96%

97%

15%

14%

15%

*14%

*14%

15

14

14'/a

14%

*

15%

14%

14%

15

$3.75

100

Arnold

500

Artloom

Corp.

Associated

14%

3,500

105

105

105

105

103

104

103

104

1031%

103%

150

6%

105

102

103

102

102

102

102

100

100

100

7%

2d

29

29

29

1,700

15

14%

15

15

14%

15'%

14%

15

14%

85

15%

83%

H OO

84%

83

86

101%

101

101

101

15%

16

16

16%

47%

47%

46 3 4

47%

29%

30%

X261/2

27%

76

*68

74

15%

30%

35%

30%

♦71

76

36

35%

107

108

*106

47%

30%

47%

30%
*71

16

47

15%

*46%

*71

76

107%

107

96%

96%

23%

23%

23%

96%

97'%

23%

97Va
23

x23

67

66

66

114

114

114

28

*7%'

*24%

7%

7%

*14%

15

15

46 3/4

47

2,700

Atlantic

28 Va

1,900

353/8

33%

353-8

5%

3,300

4%

23

3,300

65

290

114

150

26%

*24%

26%

243/a

6%
*14%

6%

7'A

14%

6%
15

100

24%
14%

18%

19

18%

19

18 3/,

16%

15%

16

15%

800
200

Conv

19%

18%

19

16%

16%

*16%

17

5%

5%

5%

5%

x5 Va

5%

5

5%

5

40%

40%

40%

40%

40%

403/8

*40

40%

40

40

14%

14%

143%

14%

14%

14%

*14%

143/i

14%

14%

5%

'

Automatic

14,100
70O

Avco

18%

Dec

12

Oct

112%

Feb

36% May
30

Aug

17

20% Feb

Nov 25
Nov 28

132% Feb

124%

Dec

153

May

134

125

Dec

148

May

121

May

125

Jun

17

Feb

Nov

Sep

2

78

Feb

10

32%

Jun

100

Oct

13

Oct

Sep

2814 Nov

13

2

Oct

1014 May 19

18% Feb

15

No par

RR

4014 May 17

59

Feb

13

45

2314 Jun

34% Feb

15

26%

Dec

49% May

68

Dec

94

8

31

Nov

22

105

Nov

common—1

62

4

Jan

22

3114 Apr

15

105

Nov

28

100

95% Nov 13
21% May 19

No par

—100

57
Apr 18
112% Nov 19

No par

2214 Mar 11

No par

5% May 16

No par

77

Mar 29

39% July

113% Sep
105

Aug

73

22% Oct

July 28

X53%

NOV

july

9

114

NOV

30

25

Sep

27% Jan

83

Jun

May

51% May

130%

Jun

34%

Apr

8

26% July 24
121

29% May

97%
135

Jan
Jun

^0% Aug

($1.20)

25%

Canteen

Co

of

10%

Nov

18% Feb

18

16%

Sep

23% July

18% Nov

24

29% Jan

29

18

Nov

37%

5

Amer

10

13% May 19

5c

common

Co__

1514 Nov

28

27% Jan

27

15%

Oct

4% May 19

7% Feb

8

6%

Nov

32% Aug
14% Feb

41

Oct

83%

38%

Corp (The» common—3
conv preferred
No par

Mfg

$2.25

May

Nov

Jan

Corp

prior pfd

1,700

16

19%

July

65

34

preferred-—

Nichols

Austin

Jan

17% Feb

5

conv

Autocar

19

139

Sep

99

series B,

$3.75

Tack

Atlas

22
19

102

18% May

Sep

112

Atlas Powder common

4%'"'

Feb

Sep

May 28

Corp

1,900

19

16

.

conv

Atlas

110

42 %

May 19

I SS Lines

Preferred

64%

7%

Atlantic

290

450

24

10 %
112

66

100
25
preference series A__100

97

Jan

100

preferred
Refining common

96 3/4

23

Line

Coast

23

96%

10

non-cum

105

105

97 3 8

21

24

55

Highest
I per share

10

Atl G & W

70

15% Oct

130% Jan

10

100

Inc

F

27%
*67

♦1123/a

15

T

f per share

Fe com__100

preferred

2,300

103
100

8

Lowest

Co-

Investment

common

5%
A

100
100

Topeka & Santa

16 3/a

15%

107%

65

New

Atch

700

651%

15

-

7,800

101

113%

*7

7%
15

101

113%

*24%

26%

35%
107

833/4

81%

23

66

*114

*23%

84
101 %

115y2

66

*112%

82%

36%

35%

36%
107

96%
*66

285/s

*100%

85%

100%

29'%

29

29%

5

preferred.:
preferred-

Associates
29

29 %

29 %

103'/a Sep
38V4 Jun
96
Nov
14
Sep
1014 May
14
May

No par
common-.--1

Goods

Dry

1st

♦102

S per share

9% May 19

No par
No par
No par

Corp

Constable

14%

Highest

$ per share

5

com

Armstrong

15

14%
*14

14 1/4

Illinois

of

preferred
Cork Co com
preferred

$6 conv prior

210

*14%

Co

&

Armour

Year 1946

Lowest
Par

700

109

109

46'%

*14%

Range Since January 1

EXCHANGE

Shares

$ per share

$ per thare

Range for Previous

STOCK

NEW YORK

Sales for
the Week

48%

109 %

RECORD
STOCKS

Friday
Nov. 28

Thursday

f per share
13%

109%

YORK

PRICES

Nov. 26

I per share

14%

SALE

Wednesday

Tuesday

Monday

Nov. 22

AND

12% Feb

Jun

Jan

Feb

May 16

49

Feb

13% May 27
14% Nov
6

16

May

24% Feb

17%

Nov

16% Feb

11

Oct

30%

Jan

100

7% May 17
11% May 17

25 % Feb

18%

Oct

47 %

Jan

common—50

9% May 19

16% Feb

12%

Oct

30

88 %

39

8

B
15%

15%

15%

15S/a

153%

15%

15%

15%

15%

155/8

11%

11%

11

11%

11

11%

10%

11 Vs

103/4

11

16%

17

16%

16%

16%

16%

16 %

16%

163/a

16%

*13%

14

13%

13%

*13%

14

13%

1334

*13%

64

64

65

64%

65

65

47%

47%

47%

*46

24%

24%

*23%

50 Va

*50

51 %

32

32%

25'%

*50

503/e

325/8

*50

32%

32%

300

T)

Baltimore

&

Bangor
Conv.

Aroostook

23%

64%

80

45%

45 Va

400

Barber

Asphalt Corp

2334

24

24

2,400

Barker

Brothers

50

50

313/4

32%

4,800

64%

20

5%

414%

preferred

Oil

12%

12%

12%

12%

12%

12%

12'/4

1,100

Bath

24%

24%

*23%

2334

233/8

23 3/4

1,300

41%

*41 %

42%

*41%

41%

42%
93

20%

*19%

100

30%

34%

34%

16%

*30%

16%

14%

*16'%
14

14%

•22%

35

23%

*98

*223%
*98

100

99%

8

8

8%

30

413/8

41%

*41%

42

91%

*91%

93%

*92

93%

40

20

91%

20

*98

100

*8

93

20

*91%

*19%

20

19 Va

200

*98%

99

99%

73%

7%

16%

*16'/a

17

16%

16'/a

300

14 %

16%
13%

*22%

xl2%

13

12%

13

223-4

22%

22%

23 %
100

*98

Aircraft
Creek

2234

100

*98

*98

Packing
Belding-Heminway
Bell

Aircraft

.200

Bell

& Howell

100

4%%

25

323/a

31%

31%

31%

31%

4,400

23%

25%

24%

24%

24

24%

15,200

*24%

25

*24%

24%

24%

25 5

24 %

243i

24%

24'A

1,000

*84

88%

*84

89

*26%

27

99%

140'%

99'%

99%
140'%

30

99%

*138

61%

88 Va

25%

25

25%

2,400

Bfest

&

29 %

28%

29%

4,500

Best

145/a

14%

99%

100%

98

99

7,200

Bethlehem Steel

140

139

139

138%

61%

61 %

61 Va

143'4

/

14%

*14%

14%

139%

*61

400

61%

200

14 5/8

14%

900

7%

Dec

39%

Feb

Oct

24%

Nov

Jan

2

110'/2 Jan

31

62

98

Nov

17

108 % Feb

46%

Sep

15

5% May 27
30

30% Jun

Nov

21

6
12% May 16

12

Jan

2

40

Feb

17

18% Oct

14

18% Jan

«

24% Nov

10

19

1

May 17

99% Nov

Nov

118% July

104 /

Feb

110

11

Nov

15%

NOV

35%

Jan

16%

Oct

37

Apr

Dec

112

Jan

58

Jan

102

39% Feb

7

28%

Oct

25% Nov

12

28% Jan

7

24%

Sep
Dec

92

Oct 28

103% Feb

17

963A

25

Nov

28

35% Jan

21

29% NOV

1

19% Apr

19

32% Oct

29

22

com—No par

76% May 19

101% Nov

3

136% May 19

par

46% May 20
14 % May 19

■.

preferred

No

Bigelow-Sanford Carpet
Electric Co

No par

Birmingham

May

Oct

9

17% Sep

No par

Apr

2~8%

15

21 % May 20

28

33%c

Mar

30%

39% Mar 31

lUbJ/4 Aug

10% May 21
16% May 19

10

Co

(Del)

May

111

100

ser

73

7

of 1946-No par

Foods

*61

61%

15

18%
21%

1

*84

25 5/8

29%

*84

8

24

20% Aug

5

*Cum pfd $3.25

88%

26 V8

28% ) 29
99
199%

*138

140

61%

*143/a

/

V.

88 %

26

263/8

28%

19% Feb
24% Nov

18

12

Aviation

*84

26%

.

'

15

May

15

—

Bendix Home App Inc com
Beneficial Indus Loan com

30%

May

31

19

100

32

237/a

30'/a

57

Sep

Sep

1

preferred

32%

23%

8

Oct

21

Nov

1

32%

Bendix

48%

5

18

No par

23%

Jun

9

Jun

10

32%

32

41%

34 % Nov

90

Co

*23%

64% Aug

Dec

54 % Jan

100

common

Apr

27

40'4 Nov

Corp
Co

Sep

25%

1218 Nov 25

50

Beech-Nut

Jun

66

28% July 28

100

preferred
Corp

May

36%

Feb

55% Jan

2.50

common

pfd

RR

3,300

Feb

69

Jan

18

1

Inc

Beck Shoe 4%%

May 19

20% Apr

No par

Co

Mills,

Beech

1,400

Corp

conv

cum

Beech

34%

34

31

Foods

3%%
Beaunit

30

34%

x34

100

20

34

35%

*30

Beatrice

2,200

33%

31

14%

73/4

73/4
*30%

*30

23%

99

*98

734

200

31

31

17

7%

19%

Works

Iron

13

50

5

Bayuk Cigars Inc

Jan

4514 Nov 28
18

50

Co

24/a

60

10

preferred

Barnsdall

12%

*20

*98

100

(Delaware)_ 10

common

24%

*91 %

13

100

common

preferred

4%

24%

24

Works

Ohio

&

13

*12%

1

Inc

locomotive

.baiawin

325/8

*46

24%

4,200

(B

51%

32

*24%

64%
47

14

6,500

10,800

Babbitt

4634

*50

32%

65

*46%

Day

500

150

Jan

66

Feb

23

27

Feb

52% May
31% July

Nov

114% July

143

Deo

168

63

"Nov

85%

Mar

3

16% Jan

36% May
112% Aug

83% Apr

./

r

A

LOW

AND

HIGH

SALE

PRICES

Satarday

Monday

Tuesday

Wednesday

Nov. 22

Nov. 21

Nov,.25

Nov. 26

t per share

I per share

t per share

29%

1 per there

NEtV YORK

Sales for

Nov. 28

Nov. 27

$ per there

Range for Previous

STOCKS

Friday

Thartday

the Week

t per thare

Lowest

29

29

16%

15%

16

15%

15%

15%

15%

15

15%

2,100

Blaw-Knox

34

343A

33

34

325/a

34'A

32%

33

32

32%

6,100

Bliss

'E

18

17%

17 3/4

*17%

17%

17%

17%

700

Bliss

&

293A

293/4

*29

29%

18%

*17 3/4

*34%

36%

34%

34%

34

34

*34

20%

20%

20%

21

20%

21

21

*173/4

31%

31%

31%
97

*95

*95
52

29%

*29

36

*34

21%

31

31'/a

30%

30%

Thanksgiving

97

97

97

97%

97%

Day

52%

*51%

*51

36

21

32

53

30

21%

30%

30%

X94%

52

95

300

40

7,400

2,300
40

Black & Decker Mfg Co
Co

Co

W)

Bohn
Bon

Co

51%

51%

27%

27%

27

27

27 %

27%

27 Va

27%

263/4

27

1,300

Bond

*433/8

43%

43%

43%

43%

43%

43%

44

44

44

2,400

Borden

52%

52%

52%

52%

52%

52%

52%

53

52 3A

53%

2,200

Borg-Warner

*94%

95%

95%

95'/a

96

96

97'/a

200

*94%

96

3%

*35/8

37%

*36

*8%

8%

8'/a
90

*86

33A

*3%
*36

*85

*35/8

38

35

8%

8%

*70

90

*95

3%

3%

35/8

100

Boston

&

3434

34%

34%

1,000

Bower

Roller

8'A

8%

85,8

8%

83/a

3,800

Braniff

90

89

*70

12

10%

11%

9%

10%

33%

33

33%

33%

33%

31%

31%

313/8

315/a

31%

32

29%

29%

32%

33

*100'/a

102

*17'A
♦31

32

17'A

17%

*98%

102

*223/4

23%

20%

*31

*98%

20'A

*122

124

*22%
20
*122

*29%
r-i O O

30

32

102

*100

17

17%

31%

31

31

*30%

102

*98 "2

102
22

*98%

102

16%

23%

22%

22 34

X21%

20%

20

203,a

20%

124

*122

124

29

1,100

.tuufces

33%

2,600

17%

2,000

31%

30%

30%

400

20 3

*99%

102

21

21

19%

a

20%

*122

&

Shoe

Brown

Budd

7%

11%

11

llVs

11

11%

10%

11 Va

9,100

72%

72

72

71%

72

71%

71 %

340

35 3A

3534

35%

35%

35%

353,4

35 "2

35%

*35%

36

800

Buffalo

91%

90 Va

90%

90

90 Va

*90 Va

91%

*90%

93

300

Buff Niag

20

20

19 3

32%

32%

32%

19%

20 Ve

323A

323 4

32%

32%

20 Va

20 Va

20 %

20'A

*93'A

95 Va

94

*93%

95

*94

95

94

95

130

*85%

88

*85%

88

*85%

88

*85%

87 %

85%

85%

300

*85

88

*85

88

*85

88

*85

88

*15%

94

14%

15 %

15%

14%

8%

8 Va

8 3/8

8%

8%

15

8%

88

84

88

88

*12

12'A

12

12%

12

12%

*92

93

93

93%

93

93

*84

*3%

3'/a

3%

3%

20%

20'A

20 Va

20'A

*101%

103

*25%

25%

25%

32%

103

32%

32 3A

*52'/a

53

*52%

20

103

103

25%

25%

32%

32%

*52%

53

2

2%

2

2%

*2

3%

88

3%
20%
103

25%

323^
53
2

7%

7%

7%

7%

30%

30%

*293/,

30%

15%

14%

15

15%

15 %
*116

7%

303/4

7%
*30

117

116

*115

116

15

116%

19%

143i
8

%

86
12

*92%

3'A

1934

193/4

19%

800

33

32%

333/8

1,800

19%

19%

*85

15

12
93

103

32%
*52%
2

7%
29

14%
115

60

3%

300

19%

20

*102

3,100

*3'A

19%

1,400

102

25%

102

25 s/a

25%

120

500

113%
*40 %

*18%

10 3/4

10%

10%

10%

10%

10%

10%

10%

34%

35

4,100

3,300

19%

10%

♦For

footnotes

see

page




;

*34%

99

Dec

3% May 19

32
8

15

85
9%
30

23'/a
30%
101
16%

2.50

100

35

13

56

41%

34%

13

'*55%

M h-* CO -W

36

*13

*55%

,

24.
.■I.

K.'l

l'l

13%
'■J

56

290

100

1

1,200
200

35%

Dec

Dec

34%

Jan

95

Jan

3

72

Jan

18% Feb

27

13%

Sep

20%

Feb

11

30 %

Oct

53 %

Jan

31% Feb

10

23

Oct

42%

Jun

May
Apr

3

105

Nov

5

25

Oct

38%

36 % Jan

7

31%

Sep

45% May

106 % Apr

30

Oct

110% Mar

103

Apr

20%

Or*

38%

14

Sep

25% May

Sep

30

120

Jan

Jan
2
May 19

124

130

Apr

Feb

14% Feb

7

9%

Oct

22%

Jun

86 % Feb

18

70%

Oct

99

Jun

Nov 28
May 20
Nov 17
May 19

7

25%

Oct

45% Feb

102 % Apr

11

96%

Dec

108% Mar

23% Feb

18

18%

Nov

46%

May 14

38 % Feb

10

33

Nov

59% May

May 19
Nov 24

22% Feb

17

16%

Oct

26% July

104% Feb

15

953/4

Dec

111

Mar 12

84%

Dec

97

Dec

119% May
102% Aug

13

Nov

377a Nov

21%
12%
113%
4IV2

25
No par
'

.u

11
50

6

16% Oct

23

8

Jan

22

May 19

24% Feb

7

19
17
19
22

108% Jan

4

Jun

May 19

May
May
Nov
Nov

19
13
28
25

187/s Sep 29
9% May 17
327/8 Nov 13

No par

95% Jan
9% Feb

24% Apr 28
51% Nov 28
2
May 14
6% May 19

5

10

70
115

2

28% Feb

63

3

19

1

Ltd

Jan

Jan

109% Apr

20

Nov
May
13% May
94% May

50

*Ry__

35%

Dec

27% Feb

72
13%
91%
3%

No par
100
No par

Copper

Jan

40 % Feb

96

6

Capital Admin class A common—1

preferred A

11%

Dec

12

88

No par
1.66%
$4.25 preferred
—No par
Canada Southern Ry Co
_100

$3

Sep

30%

100

10

Zinc-Lead

Mills

43A

1

94

California Packing common..No par

Cannon

3

21

6'/a Feb

20% Nov

14

100
5

preferred

Apr
Jun

13% Feb

80
May 19
84
Jun
4
12% May 19
6
May 19

No par

common

preferred
Copper &Zinc
Byers Co (A M) common
Participating preferred
Byron Jackson Co

57%

61%

107% Aug

26

preferred—100

Bldg 7%

Canadian .Pacific

Nov 21

Jan

Apr
69% July
48% May

71%
25%
90
14%

1

Canadian Breweries

14,000

11

Mar

10

120
9

100

4%%

5%

10
26
17
19
20
21
17

35

73%
112

39% Feb

100

Butte

Callahan

8

Nov

Feb

18% Aug
66% May

13% May 19

No par

Terminal
Bros

Sep
Oct
Nov
May
May
Nov
Nov
Nov

20% Sep

5

—

May 20

25% Jun

15

preferred

Calumet & Hecla Cons

19%

13%

10

Campbell W & C Fdy
Can Dry Ginger Ale com

41%

56

Sep

100

1.100

11578

*13

102

5

common

3,000

41%

*55%

Nov

100

preferred

7%
143/4

*18%

13%

Corp

2nd

28 3 4

14%

19%

56

Sep

36

5

7%

15

41%

34

conv

Term

Butler

42%

15

Inc

Co

28%

7%
29 %

41%

13%

Watch

Burlington Mills
4% preferred

Bush

27%

9

Oct

No par

Co

3%%
3%%

7

55

El Corp $3.60 pfd- —100

140

*1G'%

34

Bulova

35 % Feb

49% Jan

No par
1

Co

Forge

4,100

19%

*55%

common

preferred

Bullard

May 19

100

Co

2%

43%

14

(The)

Dec

38% May 21

25

No par

32

42%

34

$5

Nov

37% May 19
94
Nov
5

1

common

52%

2

*19%

56

Co

32

19%

*55'A

Oct

No par

51%

2

44

*123/4

52

common

32%

*19

*333/4

Inc

Co

53

*43%
10%

9

No par

Burroughs Adding Mach

113A

Jan

34

5

Gas

Bush

*92'/a

3%

67

100

3,500
150

12

Sep

No par

4,000

93

101

No par

8 3/4

86

8

No par

14%

83/a
86

7,300

88

14%

8%
86

20

25%

19%

Jan

preferred

11 Va
72

20

116

2.50

Bruns-Balke-Collender

72'A

20%

Oct

x94% Nov 28
50% Nov 18

(assented )_ 100

preferred

11%

20 Va

42

common

Union

11%

4

Co

Bucyrus-Erie

20

29'% Nov 17

11

15

atraitfon

Brooklyn

72%
*90

18

Feb

preferred

5,100

124

15

5

Manufacturing

$3.60
900

24% Oct
69

No par

RR

3%%

Sep

41% July 23

Brass
A

Bridgeport Brasjs Co
Briggs

18

6

14
May 17
28% May 9
14% May 19

(Bearing Co

Bristol-Myers

163A

124

*122

1,700

17

14

America

14,600

102

16

2.50

Corpxif

Brewing

10

33

32%

Oct

Inc

32%

*100

33% Jun

No par

Airwalys

*285/8

32%

■

30%

Oct

common

Maine

9%

msm-

102

173/8

89

*70

11%
33%

Oct

18%

Dorp common
preferred

cum

*3%

12

33 S/8

3% %

May

15%

20

No par
Inc

46

10

35% Nov

(The)

Co

Nov

36
Jan
X20% Feb

18% May 19

B

Stores

34%

33%

102

Class

3%

12

33

70

35%

333A

♦100%

52

*50

31

Highest
S per share

25
May 21
12% May 19

5

&

class

I per share

share

1

Co

Aluminum
Ami

share

No par

No par

common

Laughlin Inc
Bloomingdale Brothers

Boeing Airplane

$ per

Lowest

Highest

$ per

Par

Sharet

*16

Year 1946

Range Since January 1

STOCK

EXCHANGE

Apr 14

May 26

21%

Jun

Nov

15%

Oct

98

20%

Nov

39% May

6 3A

105

Sep

110

Feb

10

Oct

9%

23

15

Oct

35%

Jan

3

99

Oct

J7% Oct

6

19%

Nov

40

104

Mar

75

22% Oct

6

Jun

4%

Jan

May

May
Jan

Feb

112% July

May

32% Nov

19

27%

Apr

29
8

53

Deo
Oct

47%

Jan

58

3

Sep

7%

Apr
Feb

X55

3% Feb

7

6%

Oct

12%

34% Oct

22

20%

Oct

40% May

17% Feb

10

12"%

Nov

18

July

Nov

147

May

8% Feb

Jan

10
18

113

48% Feb

43

Oct

58

Jan

25% Feb

20

24

Deo

25%

Deo

15% Feb

13

11%

Oct

22% Feb

Nov

28

12% Oct

21% May

Oct

59% May

132

36

Feb

14% Feb

1

57% Feb

18

50

Volume

166

Number 4651

COMMERCIAL

THE

NEW
LOW

AND

SALE

HIGH

Saturday

Monday
Nov. 21

Nov. 25

t per

30 %
"40

$

104

"102

share

102

30%
41

per

share

S

101%

102

30%

per

102%

102

the Week

t per share

102

29%

104

30%

30

30%

40%

40%

*40

18%

18

18%

18

18%

42

43

44

43

43

18%

"42 %

43%

42

*7%

7%

"7%

7%

45%

45%

44%

45%

"136%

7%

7%

44

30

138'%

160

139

140%

56%

56 %

56%

56%

57

56%

56%

25%

25%

25 Va

25%

25'/a

25%

*104y8

104'/a

104

104

104

104

136

135 Va

135%

135

135%

28

27%

27%

27

27%

18 Va

18%

18 Va

♦18%

9%

9%

9%

9%

9

8

,

8%

8

8Va

8 Va

*104

110

110

.

*81 %

83%

♦13%

*109%
*81'/a

8"

*7%

.

*7%

13%

13%

110

*108

400

280

27

27%

2,1C0

20 Va

20 Va

500

18% ,18'/a

8%

8%

1,400

8%

7%

8

4,600

107

107

110

108

*

105

*81 %

83 Va

*81%

83%

7%

*7%

7%

*7%

7%

13'/a

13 Va

1,100

8%
'■

83%

*7

8

15,100

103 Va
134%

18%

18%

110

♦81%

83 Va

26%

25%

103%

20%

x8%
8

1,200

134 Va

'

BVa

56

27 %

20 %

9%

55%

136

26%

18%

138

104 Va

134

20%

Preferred
Case

25%

*20Va

300

2,000

25 Va

20%

43%

1,300

140

*20V#

2,100

7%

*139%

18 Va

Power

17%

,

13 Va

13%

10

*9%

10%

25%

25 %

26

7,200

Cerro

18

18

17%

17%

17%

17%

17%

17%

17'/a

17%

2,900

Certain-tecd

28 %

29

22%

22%

22%

29

22%

22%

*28

22%

*104%

106

*104%

11%

12

12'/a

12%

30

*28 Va

29%

29%
43%

44%

91

91

43%
*90'/a

43 Va

43%
91

*90 Va

106

12'/a

4%

4%

4%

4%

4%

4

8%

8%

8

8%

7%

9
*

9Va

8%

9 V8

8%

5 Va

5'/a

5%

*10'/a

11

6

*5

*10%
6

6

*3%

3%

7%

12%

*29

400

1,600

104%

29%

30

13 %

13

30

43%

2,700
200

43%

5.600

91

4 %

Thanksgiving

29 Va

43%

91

90 Va

44

*90%

%

22

104%

4

4Va

8

7%

7%

7%

7%

8%

8%

8%

8%

10,000

5 %

5 Va

5Va

5 Va

5%

600

10%

10%

10%

10%

9%

10%

5%

5 Va

5%

5%

5%

1,800

3%

*3%

3%

3 Va

3 '/a

Va

1,400

5r!o

Class

7%

9,500

Chic

29'%

6.800

14 %

8,000

33%

34%

33%

34'/a

33%

33%

33%

34%

34

34 Va

4,100

32%

33 %

32%

32%

32%

33

32%

33'/a

31%

32%

3,100

*11 %

12

11%

11%

*11%

12

*17%

17%

*17%

17%

4%

4 Va

4%

4%

*34%

62%

61%

*34%
62

24 Va
*103

24%

23

*103%

24

*23%

41 Va

41%

32%

32%

*9'/a

83

32%

*16 '/8

16%

33 Va

33'/a

62%

23%
103 %

24

7,700

105

*23

23%

200

39%

40'/a

40

40 Va

5,100

32 Va

32 Va

32%

32 Va

32%

*9%

9 %

9%

84

84

16Va

16

16%

*31

*31 Va

15%

31'A

1,300

^l'/a

*31

400

*165

189

*165

189

*165

189

*165

189

*165

189

*90

100

"90

100

*90

100

*90

100

*90

100

36

37

38%
*109%
*33

38%

37%

38 %

109%

109%

109%

34

*106%

33%

37

*109%

33%

37%
109%

33 Va

109%

33%

108

*107

*74

78

*74

78

74

*45

47

*45

47

*45

x32 %

16 '/a

16%

16'/a

108 %

16 Va

*107

16%

109%

32%

8,500

109 Va

100

31%

1,700

31%

*106

108

74

74

74

47

45

45

16 Va

16%

16 Va

16%

4,700

108%

16

*106

*74

76

*45

s

108

47

80

*36%
*

37

36 Va

36%

36%

36%

36

36

35

35%

900

*37%

37%

37%

37%

37%

37%

37%

37%

37%

37%

2,500

140%

142%

*140%

142%

*140%

142 Va

*140%

142%

*140%

142%

AND

LOW

Saturday

Monday

Nov. 22

I per share

*185

188

62 Va

*95%

per

185

62%

*1300

45%

1

45%

SALE

share

S

Nov. 26

per

*183%

63

63

$ per

share
187%

xl83

63

x62

*1300

__

95

95 %

95

95

96

26%

26%

26Va

25%

26 %

19%

20%

15%

16

18%

18 Va

18 %

17%

18

11

320

96

25%

16 %

*12

13

12%

12

43

44 %

4,600
120

1,700

19%

19 Va

*19%

19%

700

xl5 Va

15%

15%

15%

4,100

*17%

18%

18

18 Va

1,200

12

12

12

60

12

130

12%

*

12

*12

12%

*12%

11 %

12 %

*11%

*10%

10%

10%

10%

10%

11

10%

11

23%

23%

23%

23 %

22%

23 %

22 %

22%

22%

22%

1.900

23%

23%

22 %

22%

*21%

23 %

22%

22%

21%

21%

700

11%

12 Va

12

12 '/a

11%

12

35

12 "a

36

12 %

11%

36

13%
*75

*38%

35%

39

38

38%

42%

42

42%

96%

95 Va

95%

23

23 %

2Va

42 %

42

96%

96

23%

%

23 %

3
108

36%

14%
78

38 %

39 %

2%

36 %

13%
78

42%
23%

36

14

*75

96%

*107

36 %

78%

13%

13%
76%

12 Va

2%
107

23%

2%
107 Va

*

2%

13Va

26 %

25 %

26 %

25 %

11%

11%

11%

11%

32%

32%

33 Va

32%

32%

*31%

32%

*31%

5%

5%

5%

5%

Day

350

31

31

30

30 Va

30%

5%

5%

18%

18

400

22

22

14%

14%

200

32%

32%

1,200

108%

108%

108%

109 %

42%

42%

42

42

99

96

96

96

96

13%

13%

13%

13%

13%

600

97

95%

95%

200

31%

18,800

*96

97

97

33%

♦99%
11%

*52%

*94

33%

13%
97%

13%
*94

32%

53

99

*98

11%

11%

33% 4

99

100%

12

*11%

52%

53

31%

52%

97%

*94

32%

31%

100%

*98

32

30%

100

*98

11%

11%

11%

53

52%

53%

8%

8%

11%

8%
48%

48%

X47

48%

*16%

16%

46%

16%

16%

xl57/a

15 Va

26

16%
25%

16%

♦25%

26

23 Va

26%

26%

26%

*15%
25%

*53

55
48

HI

48

*47

♦13%

14%

*13%

14

*13%

14

*55%

55%

55%

*53

14

*For

13%

footnotes

see

"

;r~r""r"

,r" T.—1




*53

55

13%

55%
page

.24.

13%

55%

8 Va

54%

*53

13%

*13

13%

*46%

48

*13%

14 *

*46%
13%

55%

-.55%

8%

47%
16
,

U3

48

56%

55%
,

54

*53
-

au

is.

-v V y-i

100

11%

8%

48%

13%
♦47

70

53%

8%

48%

8%

140

1,000

100

53

-twite

8%

8%

1,600

^

48%

48

1140

May 21
Nov 17

25 % Nov 25

100

18

12

&

26

,;fp.

600

2,300
-

6.500

Feb

10

Aug 25

22%

Oct

18

Oct

22

'

13%

100

56

260

63%

10%

Oct

23%

15%

Oct

24%

Feb

4

12%

Nov

41

Jan

9% May 15

17V4 Feb
16Vb Feb

11

13

Sep

39

Jan

Oct

38

32% Jan

21

23

Oct

47

Jan

Nov

47

Jan

Sep

14

Jan

8

May 20

4

12%

30% May 28
13% Nov 21

39% Aug

6

22 Va Feb

7

70

10

common

100

Apr

86

Mar 21

78%

Deo

38

Nov

25

50

Feb

13

36%

36

May 19

48 Va Oct

23

36 Va

3

103%

20

115 Va Feb

20 Vs May 19
2 V4 May 19

26% July
4

7

Jan

2

19

106%

Apr

Oct

50%

Aug

Oct

59%

Jun

Dec

123

Nov

2%
111

Jan

48
Apr
36% May

Dec

29

No par

July

32% May
5% Jan

Jan

123% Jan

29

Co

25

28

33% Jan

2

29%

Sep
Sep

36 Va

Jun

Publishing Inc

No par

8V2 May 16

14% Jan

2

12 Va

Nov

18 Va

Sep

No par

23 % May 19

33% Nov 20

24%

Nov

No par

30
Apr 14
4% May 19

35 Va Feb

33

Oct

40% May
65 Va May

Edison

Coppermfnes

Edison

of

;

N

Y

Corp

5

No par

com

preferred

No par

Grocers

Vultee

Consol RR of Cuba

Consolidated

32% Nov
20

Sep

com_.No par

No par

Jan

10

17 % Feb

No par

w__No par

Jun

20 % Feb

8

8%

w

Aug

May 14

16 Vo May 19

14

common__No par

110

23

May 17

60% July

Dec
Oct

10

Consolidated

6%

Nov 28

25 Va Nov

21

Nov

7

5%

Oct

Feb

10%

Feb

7

29% Feb

3

24%

Oct

108 V* Mar 26

18

104 Va Nov 18

105%

Sep

109%

11% May 21

20% Feb 13
15Va Feb

10

17% Sep
13% Nov

23%

54 Va Jan

2

42%

Jan

60

17% Mar
30
Jan

8

14%

Nov

33%

1

Jan

25% July
Apr

May
Jan

6

16%

Sep

47

Jan

1

12 Va May 19

19% Feb

7

17

Nov

32

Aug

No par

31 Va Nov 18

38% Feb

3

114% Feb

6

till

Dec

100
Inc

com

preferred

10% July 30

Feb
Feb

36

11
Apr 29
40% May 19

17

May 19

.No par

108% Nov 24

Container Corp of America com__2o
4% cumulative preferred
100

32% May 19

Continental Baking Co com__No par
$5.50 preferred
No

13 Va May 27

par
20

95

Continental Can Inc
$3.75 preferred

No par

99

common

Continental Diamond-Fibre
Continental

Insurance.—
Continental Motors—
Oil

11

132

5
15

pfd

Retail Stores

103

1.33 Va

Corp

Aircraft

Consumers Power Co

Continental

1,400

Feb

Feb

69% May

37

12% Oct

of Delaware

96

9

10

44

1
5

Steel Corp
14
Cooper-Bessemer Corp com__No par
*3 prior preferred-—.——No par
COpperWelfl Steel Co common..„_S

Nov

48
Feb 24
104 % July 31

19

20% Feb

10

106 Va Apr

9

44% Feb

Nov 13
30% Nov 28

,.5

Continental

48

42%

200

X99

32% Jan

Cigar

300

;

2

46

18

Congoleum-Nairn Inc,

5,000
1,200

Jan

56

105% July 25

10

Co

Highest
$ per share

Dec

No par

Electric

Consolidated

$4.50

61%

27%

preferred series

Consolidated

May

May 22

28

South

165

Oct

130

26

preferred

Conde Nast

$5

11

1155

May 19

94

6

65 % Jan

10

21% Nov

Credit

Commonwealth

Consol

191V4 Nov

May 19

33

preferred

preferred

Jf

Frl

36% May
60% Jun

Jan

$ per share

22Va Nov

&

Apr
Ju

Year 1946

$ per share

Sys Inc cl A_._2.50

Commercial Solvents

$6

152%

106

Lowest

$ per share

141

preferred___100

16,200

15

99

7

Feb

154

17

Highest

x61% Jun

Consolidated Laundries Corp
Consolidated Natural Gas

33%

42%

13%

Nov

39% Mar 12
48% Mar 6

Range Since January 1

5

Consolidated

12%

109 Va

24% Feb

Range for Previous

2,900

12

*96

141

3

Lowest

2,100

11%

12%

14 Va

44%

STOCK

51%

*11%

221/4

98

62

19% Deo
24% Sep
39% Nov

No par

com

51

12

12

96

56% Feb

3

1

r

51%

22%

*13%

Jan 22
Feb 18

99% Jan

57

2,500

31 %

12%

£

101

16

1,500

22%

*42%

25

Oct

1.100

11%

h-» O 03

Nov

18,900

22%

43

108% Mar

45

15% May 19
32
May 21
37
Jun 10

11%

11%

109

Jun

74

50
No par

25%

23

42%

Jan

106

Mar

103%

11%

42%

113%

109

25 Va

103

22

109%

Sep

10

*11%

11%

42%

Jan

109

38% May

10

11%

23%

108 %

108

22
May
,108% Mar

Nov

25%

11 %

*109

Jan

27'A Jun

105%

15

Feb

105

Apr
44 Va May

106

Nov

*33

205

July

115% Feb
4
35% July 28

93

*22%

16

Sep

4

25 %

33 %

Nov

107% Oct

2,700

18%

32%

Dec

15 Va

9%

Feb

114

27

103,800

1,200

*14%

Sep
Oct

88%

28

2%

3,600

15

27%

Jan

23%

21,600

33

3

95

2%

5%

32%

68%

43% Jun

23 %

21%

*14%

Oct

28

2%

51%

36%

Feb

26

23%

*18%

38 %

Jun

Commercial

*11%

18

Nov

35Va Nov

85

Columbus & Southern Ohio Elec__10

18%

Deo

21

20% Feb 18
34% Nov 21

May 19

2,500

105%

15%

23

1,800

12

108

11% Feb 10
94
'Mar 6

28

12% May 19

96

21%

32%

Jan

*11%

51%

20

34% Nov

May 19

41%

105%

32%

8

39

$3.60

Deo

30 Va

21% Sep

6

Feb

111

2.50

Commonw'th

May

48 % Jan 30

25

No par

2nd

Broad

cum

53

Sep

29% Jan

24

96

21%

*14%

Nov

41%

410

36

178 Va

23

103% Nov

38

105%

51%

9

6% Dec

50

gtd

B

Pictures

21%

*18%

1%

Inc

Carbon

105%

*11%

11
18

7% Mar 1
42% Mar 17
66% Oct 21

17

84

1

stock

1st

Columbia

21%

12

Feb

13

100

Inc

Columbia

105 Vs

52

Sep

No par

100

21%

51%

33

No par

1,500

104%

*11%

Co

Aikman

13,400

21%

12

15% Feb

27% May 20

20

preferred

13 Va

104 Va

51%

56

13

56% Sep

No par

78%

21%

51%

Feb

Jan

42

5%

Jan

25 % July
15
Jan

104%

5%

Jan

43 Va

25 %

95%

30

82%

Oct

39%

x30%

Sep
Sep

34%

Deo

2%

'

Sep

15%

28

com

(The)

non-cum

$4.25

15% July

Oct

14

Internat

35%

13%

33%

Sep

3%

100

YORK

non-rum

Feb

Oct

7

11%

14

Colo Fuel & Iron Corp com_.No
par
5%
cum
conv preferred
20
Colorado & Southern common..100

4%

Jan

21

Corp
No par
Colgate-Palmolive-Peet com__No par

Class

17%

53% Feb

25

4% Nov 28

5

A

Columbia

Oct

5%

15 % Jan

Par

47o

July

Jan

100

Mills

Jan

14 Va

Jan

No par

4%

Colonial

26 Va

59%

5

RR

&

Jan

Oct

7% Nov

Deo

EXCHANGE

$3.50

9%

Jun

45

100

Peabody & Co

Collins

18%

11%

37% May 19

Co

gtd

Co

Oct

3t%

No par

Industries

Class

66%

"4%

8

2] '/a May 21

common

Pitts

Coca-Cola

Oct

7
27% Feb 21

No par

Molybdenum

NEW

25% May

17% ivrar
48%

July 23

*75

104 %

*11%

Cluett

Apr

11% July
38% Jan

10

preferred

Clinton

32

37%

Graph Bronze Co. (The)
&

Oct
Jan

Oct

Sep

8.50

com

preferred

Special

12%

114

Nov

-5% preferred
109
Cleve Elec Illuminating com__No par

Climax

Jan

25%

Sep

17

100

Equipment

Cleve

Jan

43

21% Nov
105

May

33% Nov 21

78%

21%

19 Va

Elec

Gas

104%

18%

&

Milling Machine Co

preferred
City Stores

Clev

-

20% Jan 16
51% May 19
11% Nov 24

10

5%%

$4.50

Jan

par

No par

I T Financial Corp

Clark

102% July
23% Jan

76%

25

Columbia

21%

19%

C

116

Sep

33 % Nov

No par

Oil

21,900

104%
18%

38% Feb

13% Nov 25

23 %

32%

5%

23% May 19

41 %

32%

*32

14% Feb

100
No par

95

11%

*32%

4

38%

25 Va

11%

7
30

6% Feb

*75 Va

106 Va

106

26

36%
14

15% Feb
10% Jan

2.50

Gas

Coca-Cola

26%
20%

12%

200

62 %

97

16

*10%

62%
L250

25%
*

Oct 28
Jan
2
July 25
Feb
3

2% May 21
6% May 19

Shares

184

180

62%
44%

20 %

12%

183

44

16%

12

I per share

44 Va

16 %

11%

I per share

44%

26%

30%
54%
102%
7%

3

4% May 19

Preferred

Cincinnati

the Week

97

97

Cincinnati

Sales for

Nov. 28

45%

20%

*18%

Friday

44%

26%

Jan

30
Oct 20
27
Feb 10
110% Jan 23
20% Feb 13

8% May 19

Preferred

Nov. 27

*1250

*20%

8%

Jun
Dec

89

31

STOCKS

Thursday

share

23

5
25

No par

PRICES

Wednesday

Nov. 25

185

62%
*1300

niGH

Tuesday

Nov, 24

110%

96% Apr 15

25

Chrysler Corp

5"/o
80

4

12% Jan

Nov

par

■%

35%

Nov 26

107

23%

par

P vtc__No par

CtC C & St Louis Ry Co

35 Va

109%

&

Cotton

City Investing Co

15%

Jan

20% May 19
19% May 21
103% Jun
4
10% May 10

City Ice & Fuel

120

Apr

13"%

25% July

preferred

500

86

17%

Sep

100

800

.

9Va

9

*83

16 Va

16

31%

9%
86

*83

Oct

9

51%

Chile Copper Co

100

23%

31 Va

16'/a
x31

23%
*103

23%

40%

*32%

9 %

24%
106

10

21,200

Jan

8%

2

24

Yellow Cab

Chickasha

39

29

2

10% Jan
116
Feb

Deo

tChilds Co

24

40

86

23 %
*103

Chicago

300
700

61%

60%

Paul

convertible

4%

*36

Sep

14% Jan

*

7% Nov 28

Jan

Chicago Pneumat Tool com_.No
$3

400

20

July

Sep

preferred

17%

4 %

36

61%

23 %

*23%

33%

9 Va

36

62'/a

103%

2374
41%

*83

36

61%

106

41

9%A

83

*34%

62%
24 Va

106

*23%

36

17

Milw St

5%

56%

4%

19

>

14%

Series A preferred vtc
Chicago & Northwest com

17%

22% Feb

Jon

11

Co cl A

7%

11%

20

50

Louis Ry

14

4%

23

14 vi

No par

&

27%

11%

Sep

21% Feb

Sep

31%

B

7%

*17%

Jun

23%

2

preferred

Chic Ind

14%

4%
36

38%

9% Oct 21
8% Feb
1

28 %

17%

Jan

;

12% Jan 29

7%

12%

Jan

22%

19% May 19
20
July 17
18Va Jun
6
7% May 19

6% May 19
4% May 17

13%

4%

161 Va

5% May 19

27 Va

*17%

Oct

6

Apr 28
32% Feb 24

Jan

81% May

6

Class A

8

*11%

109'/a

138

22

156

26

Jan

183

Nov

Jun

21% Jan

Co

13%

*55

18% Nov
104% Sep

27% Oct

108% Jan

Nov

40

RR

28

56'/a

54% Nov

Chicago Corp (The)
1
Chicago Great West RR Co com—50

111

East

7%

*55

8

3% Apr 14

&

13%

55%

Feb

64

153 5

No par

Chic

27%

*55

7

Feb

10%
55

Oct

31% Nov

35% Mar

preferred

14%

56

158% Jan

May 23

6%

8

41% Jun 10
90
Nov 19

convertible

28%

*55

19

100

3%%

13%

56%

46% Nov

Jan

Jan
Jan

60

11% May 19

1.25

27 Va

*55

34% Nov

Deo

34

16% Oct 27
14% Feb 18

Co

14 Va

.

15

13

45
Oct
7% Feb

Nov

1

28%

8

13%

12% Aug 21
9% Sep 25
22% Nov 15

Products

14%

7%

14

May

82
Nov
7
4% May 19

par

9.50

28%

8

21% Oct

137

No par

Chesapeake Corp of Virginia
Chesapeake & Ohio Ry common

300

Day

61%

17% May 19
103 % Nov 28

No par

Copper

Checker Cab Mfg

900

5%

*3%

3%

Va

Belt

39%

Sep

Sep

No par

Pasco

Champion Paper & Fib com_.No
$4.50 preferred
No

1,500

8%

5 Va

11

Chain

40)

4 Va

6

*3%

12 Va

12%

22

105

105

28

28

22

21%

29%

43%
91

*29

*104%

106

28%

de

Dec

39

134

100

Central Violeta Sugar Co
Century Ribbon Mills

38%

7

49 % May 19

Corp pfd 3.40% ser_100

*9%

*28%

No par

Jersey

9

2

60% Feb

138

1
Central Hudson G & E Corp—No parCentral 111 Lt 4%% preferred
100

25%

*

100

preferred
Central Aguirre Association—No
Central Foundry Co

112

Jan

39% Jan

6

5%

10

100

1
25

128

$ per share

18

Nov

25

Highest

t per share

29% May 19

50

Corp

$ per share

12% May 19
35% May 19

No par
20

26%

Year 1946

Lowest

29% Nov 26

_100

10

29%

series

tCentral RR of New

1,500

15

39

10

2nd preferred:
Celotex Corp common.

Cent NY Pi

13%

101 % Nov

5

7%

25%

*28%

100

Celanese Corp of Amer com__No par
$4.75 1st preferred
No par

10%

13 Va

100

Caterpillar Tractor

26%

13%

Ry

General

&

$ per share

Light Co

&

I) Co common
Preferred

26%

*10

Ohio

(J

26%

11

&

4%

25%

*10

1

Range Since January 1
Highest

Lowest

Carpenter Steel Co
Carrier
Corp common

43%

138%

20%

Carolina

300

7%

138%

20%

2,800

43%

138%

*27%

Clinch

41

17%

44%

56%

136

Carolina

Carriers

44

(2219)

Range for Previous

STOCK

Par

330

7%

45

YORK

EXCHANGE

30

*39%
*42

NEW

Shares

104'%

30

41

7%

-

'

RECORD

Sales for

Nov. 28

$ per share

$ per share

Friday

Nov. 27

share

•'

STOCKS

Thursday

Nov. 26

41

"40

18%

STOCK

CHRONICLE

PRICES

Wednesday

Tuesday

Nov. 22

YORK

& FINANCIAL

8

110% July 30
13% Feb
7
54% Feb
3

Nov 24
May 17
May 20.

6% May 19
35
Apr 14

50% Oct 23

14% May 19

19

12% Feb

8

Feb 19

12 Va Apr
43

14'

May 16

-

12% Jun 27

64 Va

12% Feb

22

101

109 V#

Jan

53%

Sep

33% Sep
103%

Apr

July
Jun

113% Mar

Nov

8% Nov

18%

Feb

46% Nov

63

Jan

10

24

Jan

Oct

.

33%

Oct

15

Nov

49% May
123% May

27% Oct 23
53% N6v 21
17% Oct
6
65
Feb
5

13% Nov

30%

Feb

46% Deo

56

Jan

12% Oct

23% Feb

50

60

*12% Not

12 Va May 17

20% Feb 13

Corn

52

61

20

35% Sep

■

Convertible pref 5% series—50
Cornell Dubilier Electric Corp—___!

Exchange Bank & Tt Co

115% MM

46

Oct
Acr

17
14

..

Jan

7

52

Oct

'Sep

v

Apr

27%

Jan

67%

Jan

16

NEW

YORK

Monday, -December 1,1947

CHRONICLE

COMMERCIAL»& FINANCIAL

THE

(2220)

RECORD

STOCK

Saturday

Monday
Nov. 24

Wednesday

Tuesday

Nov. 32

Nov. 25

I per share
22

%

22%

22%

22%

67»/2

21%

3

36'/4

5 V'a

5%

5 %

0%

0 78

5-/4

3

3%

3

3

3

3

36%

*95%

100

*95

12%

12%

Coty

3,900

Crane

36-A

99%

International Corp
Co

33/4%

100

12%

12'/a

123/8

12%

12%

2,100

Creameries

23%

23-/8

23%

23

23

1,200

Cream

of

42

41

41

400

Crown

Cork

100

*95

100

*23%

24

24

24%

23%

*40%

42%

42

42

41

41%

*40-/2

46%

45%

45%

45-/2

46-/4

45

453/4

1,000

$2

32%

32%

32-/2

323/4

32%

32%

3,000

Crown

33-/4

460

*44%

*44-/2

46%

33%

33%

*101%

102%

102

102

101%

101%

101%

102

102%

102 3/4

*

.

preferred
of America
Wheat Corp (The)

99%

12'/a

*95'A

125

123-/4

124

122%

122%

121%

122

120

121

124V2

26'%

26%

26

26%

25-/2

26

24%

72-/4

72%

*70 %

72

*69-/4

72

31

*29

*29

31%

33

*26-/2

27

*72-/2

73%

*72 %

73%

*30

31%

*30

31%

*16-/2

16%

14%

15%

17-/2
*25%

17%
26%

26%
9%

62-/4

16%
*165

*91'/8

17%

18

26%

26%

61%

5%

5-4

5%

20%

20%

20%

61

61

28%

28%

28 %

X27%

23-/2

24%

2i

?4%

233/4

800

9%

7,300
110

138

700

61
5 -/a

12,000

20 3%

203/a

137%

27

27%

*26%

24

23-/2

23'/2

23

1,300

23'%

2,200

25%

Oct

39% May

6

101%

Deo

109% AUf

753/a Jan
195

6
8

58% May

7

Xl85%

Aug 15

8% Jan

Deo

7% Nov

9

75% Deo
210% Mar

143A

Apr

4% Jan

4

4% Oct

7"%

Jan

40-/2 Feb

13

31

Oct

49%

Jun

101

Not

107

110% Aug

Mar

5

16

Oct

10

30

Jan

9

28

Sep

35'A

Jan

45% Oct 20

32

Oct

62

Jan

52% Mar 2^

47

Dec

54%

Feb

34% Oct

16

25

Oct

lO03/8 Feb

H

103

Sep

Apr
1103,4 Feb

130% Oct

16

110

Sep

150

37% Feb

U

29

Deo

Jan

29

88% Deo

96

21% Jan
173/4 Sep

14-/a Nov 28
91 % Oct 30

Feb

46%

Jan

28%
165

Jan
Jan

95

Oct

106

Mar

Oct

17 %

Oct

i8

Mar 12

101

Apr

54%

115-/2 July

Jan

22

2
7

Jan

40%

160

343/4 Oct 21
165

16 % May 14

19% Feb

24 % Oct 29
63/a May 19

27% Nov

113-/8 Jan 16
56
Jun 6
4% May 20

1
No par

12% May 21
129
Feb 18
18 -/a May 17

1
100
5

19% Aug 26
90-/4 Nov 12
i43/4 May 20

24% July

3

No par
No par
1

16% Nov

7

Cunningham Drug Stores Inc—2.50
Curtis Pub Co (The) com
No par

preferred
Prior preferred
Curtiss-Wr.ight common
$7

Class A

7%

Sons Inc

Cushman's

27

19

5

2,500

137

*131

*131

27%

137

*131

28%

25%

5

20%

20 38

20%

Cuneo Press Inc

60%

5 Ys

5

5%

20%

137

*131

137

*131

62

100
10
100

Cudahy Packing Co com new
4%%
preferred

1,000

138

139

5

5'%

20%

139

2,000

17%

9%

93/4

9%

9%

143/8

94%

7

22
May 20
13"% May 19
165
Jan
7

100

preferred

preferred

7%

25%

26

26

26%

RR 6%

Cuban-American Sugar common__l0

17

17-/2

143

141

62%

*62

*17-/4

100

14%

95

*91'/8

17%

No par

*91%

143/a

14%

14%

No par
No par

preferred

5%

180

*165

180

*165

5

Zellerbach Corp com

2nd preferred

$4

Cuba

1,800

No par

preferred

Crucible Steel of Amer com

100

15%

15%

16-/4

94%,

9%

9%

-31

*

16

16%
180

14%

15«/a
95

146

144

143

62%

*17%

9%

9%
143

14%

*91-/2

95

*88

*29

16%
180

*165

180

*165

16%

3,200

No par

com

$4.20 preferred

350

25%

Seal

&

323/a Feb

1053/4 Jun 26

26%. May 19
993/4 Nov 28
ll3/4 Nov 14
23
Nov 17
313/4Mayl9
45
Nov 28
25
Apr 29
100% Oct 24
105 % May 19
22% May 19
70% Nov 7

25
100
1
2

common

12%

100

12-/a

2,800

Nov

t per share

105a/4 Feb

28
19
29
15

5
Jun
2% Aug

1
1

Coty Inc

2,900

35%

100

Preferred

60

3-/a

*3

36%

36-/4

36%

35%

36'%

36-/4

2,400

Nov
Nov
Oct
Sep

174

pfd 3%% ser of 1947—100
Corn Products Refining com
.25
Cum

5

5

0%

3ys

,5'/a

66-/2
175

175

21 %
98%
100%
61%

5
100

Glass Works common
preferred

Corning
3-/2%

98%

66

67-/4
178

*176

5,500

98

*96-/2

98-%

66 %

67%

178%

21%

21%

Highest

t per share

S per share

$ per share

Par

8hares

f per share

Year 1946
Lowest

Lowest

EXCHANGE

the Week

Nov. 28

Range Since January I
Highest

STOCK

YORK

NEW

Sales for

Friday

*96-/2

98

*96'%

98%

67%

S per share

213/4

*96-/2

98

178

178

share

per

21%

21%

*96%

68-/2

67'/a
178

S

Thursday
Nov. 27

Nov. 26

share

*96%

98-/2

*96%

68

178%

per

98

*96%

98%

*97'/a

»

shark

99

*97 Va

*178

t per

PRICES

SALE

Range for Previous

;

STOCKS

HIGH

AND

LOW

.100

pfd

Cutler-Hammer Inc

Nov

Oct

146-%

Feb

60

Sep

76%

Apr

5% Oct

12%

Mar

R3^ Feb

6

20 % Nov

6

132

Jan

10
103

1

Nov

70

26

9
24

12-/4 Feb

146

17%
128

23

Apr

30% Feb

25%

1

Oct
Oct

145

Feb
Feb
July

Deo

45

May

98 V*

34%

D
93-/2

*92

*20-/2

*22%
28 3/a

*92-/2

20-/2

21

22-%

23

28%

94

93

*92%

94

*92%

21

*20-/2

21

20-/2

20-/2

300

23

22 '4

22 -4

900

273/4

26-/2

27

95

94

94 '/8

22-%

28 3/8

*22 3/4

223/4

28

22%

28-/4

93

*20

94

20-/2

28-/4

26 3

4

*94

95

*94

Dana

5,400

Corp

Cum

50

common

series A

33/4%

pfd

Davega Stores Corp N Y
Davison Chemical Corp (The)

1
100

series A

Preferred 3.75%

*93'%

95

94 y2

*93%

94%

94

100

*93-/2

93-/2 Nov 20

13-/2

13-/2

13'/2

13-/2

13

13-/a

13

13-/4

13

13 '4

1,500

Dayton Rubber Co

50c

123/4 Sep 25

11%

11%

II-/2

11%

ll'/2

II-/2

11-/4

11%

11

11-4

3,500

Decca Records Inc

50c

11

40

40-/4

39-/8

40

39

1

33

443/4

44%

44%

45

44

44%

44-/2

No par

31

*32%

33 -/a

*32%

33Ya

32%

32%

*32-/4

*39

39%

14%

*38%

22%

39

7%

7'/2

7%

12-/4

5,300

32'%

39 '/a
39-/8

7-/4

7-/4

7-/2

14%

143/4

143/4

153/4

15

153/8

39

39

39'%

393/8

22

22-/4

21%

Thanksgiving
Day

Deep Rock Oil Corp
Co

&

Deere

22-/8

38 4

393/s

1,000

7 "a

7-/8

3,200

*57
*12

*57

67

12-/4

12-/8

40

21-4

12

*16%
29

25%

17

16 Ya

16%

28

27%

273/4

26

*25-/4

Detroit-Michigan Stove Co

1,000
400

Detroit Steel Corp

400

De

1,400

*42-/4

433/4

42-/4

42-/2

41%

41%

41-/4

41-/4

41

41

600

*43-/2

44'A

*43-/2

44-/2

43%

43-/2

42-/2

42-/2

42%

43

*19%

20

19 y4

193/a

19»/2

19 S/8

19-/4

19%

19

19-4

16%

16%

I6-/2

163/4

X16 3/a

16 y2

16 Y2

165/8

16 Y2

17

*173/4

18-/4

*17%

18 3/a

*173/4

18

17%

173/4

17%

17%

*36-/2

38

x37'/2

37-/2

*36-/2

38

37

37

*54-/2

55-/2

*54-/2

55-/2

54-/2

54-/2

54'/a

55 %

*55

*22-4

1,000
30,600
700

Co

Vilbiss

Raynolds class A

Devoe &

Match

Diamond

600

Distill
Dlvco

Co

2

2
1

35

300

Class

500

Dr.

No par

Pepper

*23'/2

24

23-/4

23-/2

23

23

37-/4

38-/4

37%

38

37%

38-/4

38

38-4

1,500

Doehler-Jarvis

18%

18-/2

18%

18%

18%

18%

18%

18

18%

4,300

Dome

47-/4

49-/4

48

49 Y+

39%

39-/a

39%

393/4

*103%

104-/2

104

104

103

102%

1013/4

101%

100%

1013/4

20%
12%

*86-/4

20%

21-4

*86-4

89-/2

13%

13%

14%

*15>/4

15-/2

*143/4

186-/a

188 '/2

184 3/4

186

4,500

120

119%

120

600

*15

153/4

153/4

15%

153/4
186-/2

188

187-/2

1873/4

119

119

119

119

98%

*98 3/4

983/4

112

113-/2

*112

15-/4

*15

*112

113-/2

*15

15-/4

AND

Monday

SALE

Tuesday

Nov. 33

Nov. 2 i

Nov. 25

$ per

I per

share

15-/4

30

(new)

Duplan Corp

t per share

No par
15
No par
No par
50c
100
1
No par

.;

63/4 May 19
253/4 May 19
21
Nov 28

45% May 27
36%
103
983/4
14
90
10%

Sep

8

Nov 26
Nov 14
May 16
Nov 5
May 19
15% Nov 20
173 \ May 27
Nov 24
Nov 17

1103/e Sep 12
14-/a May 20

100
5

1st pfd

Nov 26

119
97

No par

Preferred $3.50 series

DWG Cigar Corp

Bales for

Nov. 28

the Week

$ per share

$ per share

Thursday

NEW

Deo

58% Jun
42% July

31% Deo
333A Oct
Sep

50 Ya

Jan

0% Oct

16%

Jan

Apr

%

25

45-/4 Mar

0

10% Feb

S

16% Nov

26

Oct

20

44

27% Mar 25

23

Oct

28

62% Oct

1

60

Oct

77

Feb

13% July

7
19%

Dec

24

Aug

23
Jan
2

16% Deo

26% Oct
22

15% Oct

81% Feb

9

23% Sep

39% May

47

Jan

17

34% Oct

60%

Apr

50

Jan

2B

42

Sep

50

Aug

24% Feb

13

16%

Oct

34% Jan

14% NOV

18

5~2~

30

2

19% Oct

15

40% Sep
553/4 Oct
Feb

10

39% Ost

23

21% Jun

18

16% Deo

Jan

7

63% Nov

76

Par

Shares

Mar

48

37% May

Feb

29%

108% Mar

42% July 24
114% Feb

1U% Deo

14

118

Jun

104% Oct 22
22% Jan

80

68 Y4 Feb

19

61

Oct

Feb

10

15

Oct

17% Nov

33% Jan

15% Oct

12

19

116
•

Apr

41% May

July

8

161

Oct

227

Jun

129 % Aug

4

124

Deo

133

July

107% Sep

3

115% Jun

9
3

112%

Oct

116%

197

19% Mar

13% Sep

Feb

May

21

Range for Previons
Year 1946

Lowest

EXCHANGE

Apr

62% Jun

48% Sep
25% NOV
x23% Sep

34

July

30

28% NOV

18 % Jan

1
Highest

t per share

t per share

Range Since January

STOCK

YORK

Apr

22%

31

45% Oct

STOCKS
Fridav

Nov. 27

Nov. 26

23

23

Preferred $4.50 series—____No par

Duquesne Light 5%

34%

not

17

20

28% May 19
16% May 14

(E I) & Co com—20

Du Pont de Nem

1,200
600

conv

PRICES

Wednesday

share

99

100

common

preferred
International

33/4%

113

15 V*

15-/4

15-/4

HIGH

Saturday

99

114-/2

*113

15-/4

15-4

113

99

98%

99

113-/2

,15-/8

LOW

*119-/2

common

Industries

Dunhill

20%
89-/2

*13%

119-/2

share

1,300

20 V*

*86-/4

13-/8

Co

series A
$3.25 2nd preferred

8,500

20%
89'/2

188-/4

Chemical

$4 preferred
Dresser

13»/8

119-/2

I per

1,500

20 V*

*15-/2

99

Dow

*86-/4

188-/4
*97%

Douglas Aircraft.

200

89-/a
13

13

12%

99

6,600

21%

21

21
89 ¥2

*86

103

7,000

9934

38%

103

102

48-/2
39%

105-%

47%

49%

48-/8

47%

39%

104%
102-/2

102-/2

393/8

39%

39%

46 3/a Oct

38% Feb

5
No par

Corp

Ltd

Mines

16% nov

11

203/b Feb

No par

Co

24-/2
38 V*

49

No par

A

18%

103%

Car

Co common

Dixie Cup

390

23

25

Corp.

38-/4

*24

No par

common

Motor

T

36-/a July

Sep 29

59

Corp-Seagrams Ltd

Diamond

Sop

28

July 24
23-/2 Feb 11

101 %

Aug 4
10% May 19
17-/2 Jan
3
16
Oct 29
20% May 14
35-/2 Apr 15
42% Nov 26
18
Jan
2
11% May 19
16
Oct 6
25
May 19
49
May 22

Co__100
1
I
5
12.50

partic preferred

6%

55'%

35

100
100
20

pfd

Detroit Hillsdale & S W RR

17

*16%

*26-/2

50

:

2534

25%

*16%

26

for

27

*25-/4

16%
29-/4

*25

17

29-/2

ctfs

Edison

6

May

34

West RR

ctfs for com

Escrow

Detroit

12%

12-/8

25%

25-/2

16%

14,100

67

*57

65

12

12-/8

Lack & Western

& Rio Grande

Escrow

8,700
3,800

40
21

*57

67

12 Ys

16 -4

15%

16-/4

100

Hudson

31% May

Aug 8
May 17
32% Nov 28
32% May 19
6% May 19

20

&

Delaware

40

21-/4

common

Preferred

400

Delaware

22

39%

39%

22%

29

25-/2

900

45

32'/2

Denver

67

*57

39

44%

32%

39

39

7%

7-/2

x38%

45

series B

Preferred 3.75%

20

94

*93

39%

*39

39

xjy

39 "2

9^%

Nov

16% NOV

35% Jan

95

*93-/2

Deo

17

23

1013/4 July 29

*93-/2

94

Nov

91 %

29

243/4 Oct

16

Nov 28

94

18
26

23% Oct

26'/a Nov 28

7

Dayton Pwr & Light common

170

16% Jan

263/4 Sep
96 % Jun

Lowest

I per

share

Highest
I per

share

E
23%

x23

17%

17%

17

18

18

45%

45

23-/2

173/a

17

17".

17-/4

17%

45%

*23

17

17-/2

17-/4

23-/2

173/8

17'/B

17-/4

45-/2

45%

*22%

23

23%

45-/4

45-/8
*172

175

175

*172

54%

55

55

55-/2

55 Ya

*19%

20

20

20-/a

*193/4

*172

*95

96

16%

*94

16%

16%
106

*105

*5%

*105-/2
6

6

*94

96

16 3/8

16%

17-4

173/4

7,909

Eastern

Airlines Inc

1

16%

17-4

2.40G

Eastern

Stainless Steel Corp

5

Day

4Cl/2

45%

6 700

Eaton

175

56

57

55%

56%

2,200

19%

19%

19%

19-/2

600

*95

96

16%

16-/2

16%
106

6%

178

-175

*95

16%

Bros

100

4

Stores Inc common... \

100

preferred

5

Ekco Products Co common-

100
1

4%%

5%

6

53/4

534

534

1,300

preferred
Elastic Stop Nut Co

53

533/8

52%

52%

2,100

Electric Auto-Lite

13

13-/4

1234

12%

1,600

Electric

106

*105-/2

6

*105-/2

106

5 3/4

*54 V*

55

54-/4

53-/4

13

12%

13

13

13-/4

37

36-/4

2%

*2'/8

2-/4

2 Ya

2-/8

17»/4

17%

17-/8

17 VB

16-/2

*34

36 V*

2%

36

106

*34

36

_

156-/2

*156

156-/2

155

155%

145

*142

145

141

141

2%

2-/s

900

16-/4

*155

2-/4

16%

14%

15%

10,900

r 152-/2

140

Boat

Convertible

100

*2-/8

■

17

*142

5

(The)

—3

common—:

preferred

No par

Elec & Mus Ind Amer shares

Electric Power & Light com„No par

152-/2

150

150

1,400

$7

137

140

600

$6

No par
—No par

preferred.

140

preferred

54%

54

54%

54

54%

54%

54%

533/4

5334

1,100

16

16

16

16%

*16

16%

16

16

16%

I6Y2

600

Elgin National Watch Co

59%

59%

59%

59%

59%

59%

*58%

593^,

59-%

59%

700

El

15-/4

15%

15%

15%

15%

16

15-/e

15%

3,000

Emerson

Electric Mfg

18'%

19-/4

18%

19

19-/8

19%

18%

183/4

800

Emerson

Radio

12-/2

12%

123/4

1234

1,200

33%

33%

33%

333/4

800

*54%

*15

15%

*18%

19%

*

*12%

13

12%

13

12%

12%

*33

34

33%

34

33%

34

103

102

103 %

102

x

102

102

•102-/2

104

90

*103%

104%

*2%

2%

r2%

2%

r2%

2 s/8

r2%

2%

2%

2%

4,600

8%

8%

8%

9%

9%

93/8

9%

9%

9%

9%

15,500

*48%

49

48%

49-/2

*60

*49-/2

50% -

*493/4

50%

*60

66

63

63

63

x63

63

10%

10%

10

10

10

10

20
,

10

common

preferred

cumulative

4%%

2,400

Co

Manufacturing Co

Edison

96'/2

16-4
T 05-/2

Kodak

Eastman

*172

96

10

Eagle-Picher Co

Thanksgiving

19%

•*12%

*34

60C

56

54

37

23-/2

175

54-/2

*34

45Y8

23

20%

12

12%

19

19%

19%

12%

12%

12

46

•

*9%

193/a
12%

10

18%

19%

12

12%

49%

50

*60

66

9%"

9%

*19

800

40

600

Electric Storage

No par
15

Battery

3

Natural Gas

Paso

Co

Phonograph

&

Empire District Electric Co
10
Endicott Johnson Corp common--25
.

4%

tEquitable
Erie

_100
No par

preferred
RR

Office

Bldg

No par

common

5%

100
50
5

preferred series A
Erie & Pittsburgh RR Co
Williams Corp

Eureka

2,600

Evans

11%

12

5,400

Eversharp

16

Nov

5

16% Nov 28
42% May 17
166
Nov 18
42aA May 17
19
May 17
95
Nov 20
15% Aug 29
106
Oct 21
4% May 19
50-/e May 17
10 % May 19
333/4 May 29
2
Sep
8
11% May 19
150
Nov 28
137
May 28

Jan 3
15% Nov 21

47

46% May 20

*45%

46%

46

46

46

*44%

46

A.

45

300

Ex-Cell-O

10%

*10%

10%

10%

10%

*10%

11

*10-4

11

300

Exchange

53%

53%

*53

53-/2

.52

53'A

52%

52%

52%

53

800

Fairbanks Morse & Co

30%

30%

30%

30%

30

30

30-/4

8-/b

8%

8'YH

8%

40-/4

40-/4

*40-/4

41

19

19

Sep

16%

nov

30% May
31% May

30-/4 Jan

61

Jun

nov
Oct

209

Aug
Feb

48% July 23

198% Oct 21
57
Feb 11
25% Feb

7

Feb

4

109

190
39

233/4 Deo
101
Oct

17% Oct

71

40% May
Aug

112

27%

Dec

27% Feb

17

111% Feb

15

106% Not

8% Feb

18

6% not

16%

Jan

6534 Feb

13

Oct

80-/a

16 3/a Feb

5

123/4 Deo

353/4

Feb
Apr

Oct

48'A

Jan

7-/a

Jan

39'/2 Jan
3"% Jan
193/4 Feb

10
14
8

50%

34%

3% Deo
13% Oct

114

Feb

29'/a May

July 24
156% Feb 24

138

Sep

180-/a May

128

Sep

167

3
24% Mar 19
593/4 Oct
2

40

Oct

56%

Jun

44% Sep

61%

Jun

Feb

171

57% Oct

July

?

16% Oct

28

11% Not

21% Feb

6

26
17
7
2% Jan 2

19-/2 Jan

8

17% Deo
17
Not

21%

38

2

19

8-/2 May 14

47% May 19
63
Nov 24
7% May 17
May 19

18

10% Nov 17
32-/a May 19
7
13

3
2.50

Corp

Buffet Corp

3
30

19

9% May
May
xl2% Nov
27-A May
102
May
13

1

Inc

253/4 Aug 18
24% Apr
51
Jan

30%

5

Products Co

20

*10%

l

4
5

19% Jan 16

107

Apr

Mar 24

4% May

104

Sep

5
3
3

53/4

Jan

Jan
Jan

Oct

95

Jan

48

S5

Mar 25

90

10

13% Feb

8

24% Feb

7

Oct

22 Ya

Jan

333/4

Apr
Apr

25% Jan

7

15% Oct
21% Not

50% Oct

18

34% Oct

63 Y4

13% Aug

8

Oct

11%

7

•

Jan

93

9% Oct
Oct

Feb

12% Feb

Oct
\

111'
23 %

2-/4 Jun

67

43% Mar

58 3/4

Jan
Jun

F
30-4

30%

30%

8-/8

8-/4

8

8-4

7%

8%

40-/2

40%

40%

*39

*18'/4

18%

Xl83/4

183/4

18

18

11%

11%

113/4

11%

113/4

113/4

11%

12-4

11%

*23-/4

23%

22%

223/4

22-/4

22'%

22-/4

22%

22%—23

*18-/4

*99%

101-/2

*For

*993/4

footnotes

see

101-/4
page




'

98'%

100

*100

101-/2

39

39

*17%

*100

•

Fajardo Sugar Co of Porto Rico__20

5,900

Farnsworth Televis'n & Rad Corp__l

400

Federal Mining & Smelting

18%

400

113/4

,1200

Federal

3,400

Federated Dept Stores com

<Vi01%

No par

1,300

160

Federal-Mogul Corp

4%%

Motor

convertible

Co
;

Truck

2

5
No par

No par
preferred—100

44

25 Ye
4%
32
18
9%
19
98%

May
Jan
May
May
Nov
May
Apr
Nov

19

16
19
16
26
19

18
25

Jan 30
31% feb
9% Feb 7
42% Mar 7
23% July 14

60

14-/a Feb 8
28% July 23
1073A Jun 12

May

47% Not

88

21%

Sep

36%

Feb

73A Deo
35
Oct

19%

Jan

16-/4

Oct

21

Not

104

Sep

24.
—

54% Feb

213/4

Jun

34'/a Aug
108

Feb

166

Number 4651

THE

COMMERCIAL

NEW
LOW

AND

HIGH

Saturday

Monday

Tuesday

Nov. 22

Nov. 24

SALE

Nov. 25

1 per share

*20%

21%

*20 7/8

21%

*20%

21%

21%

*21%

22%

*21%

57V4

57'/4

57

57

56

Nov. 26

50%

50

50%

50%

50%

105

105

61

61

*16V4

371/8
*102

*60

16%

*35

37

20%

20%

20%

22%
55%

*21%

55%

50%

50

50%

1,400

Firestone

300

16 %

36

*35

23%

*22%

23%

*22%

23%

*22%

33%

32%

33%

32%

14

500

2,800

102%

*100%
*35

14%

14%

*22%

33 %

4,000

Mfg Co

Tire

&

Rubber

Carpet Co

8,700

12%

xll%

11%

11%

11%

4,100

Food

79%

80%

79'%

79%

79%

79%

700

98

98

*95%

98

*95%

27%

27%

27%

26%

27

*26%

26%

*26

25%

*25%

25%

25%

25%

*25 %

25%

25%

*14%

14%

14%

14%

*14%

15%

*14%

15

15%

15%

900

40%

40%

40%

40%

40%

40%

39%

40%

39%

40 Ye

12

1,900

12

12

12%

12%

12%

*12'/8

12%

200

5,200

*11%

*12

97%

1,100
120

20%

20%

20%

21%

20%

20%

20 %

20 >4

20%

20%

79

79

78

79%

79

79

78

78

79

79

*9%

9%

9%

9%

9%

9%

9%

9%

*

Steel

Fair

Corp
prior preferred

6%

Francisco

Froedtert Grain

Fruehauf

280

4%

Gabriel

9%

400

9%

10

9%

9%

xa >/8

9%

19%

15,300

*19%

20

*19%

19%

14%

xl9%

14%

19%

300

14 %

14%

14%

14%

14%

*20%

21 %

14%

14%

1,000

6%

*20%

21%

300

7%

33%

33 %

6%

32%

6%

10,800

34

33

32

32

*22%

23

22%

22%

1,000

22%

22%

22%

22%

22

*15%

15%

15

15%

22%

2,900

15

15%

15%

Gaylord

14%

15

3,400

General

American

102

200

*100

103

55%
*10%

10%

12

20%

20%

6%

6%

6%

*32

10%

10%

*100

55%

10

170

*12%

102

52%

10%

166

12%

*100

54

X53 %
lo

10%

*166

12%

*32

100

55 %

170

12%

33

100

55%

*166

13

20 %

6%

103

55%

170

*12%

20%

7%

*100

55%

♦166

21

6%

166

*12%

Thanksgiving

17% Jan

6

16%

Sep

20%

Jun

May 29

Aug 28

20%

Oct

29

Jun

200

4,500

77%

78

78%

*78

78%.

40 %

40%

*39%

39%

*39

39 %

26%

26

147

26

*144

25%

26

*144

147%

11%

x24%

147%

*38%

25

*144

39%

145

200

1,400

145

4%
1%

19%

NOV

49%

Sep

28

Feb

20%

Sep

35%

Jan

10

60% Feb

10

45%

Sep

61

Jvn

11% Nov 21

22

Jan

18

39

Jan

2

34%

34%

22,300

General

36%

Electric

36%

36 %

36%

35%

36%

8,400

General

94%

92

92

100

12 Ve

12 Va

800

General

49 %

800

General

*12%

13

48%

*93

*5125%

126

58%

♦125

12%

12%

12%

12

12%

49%

48%

49%

49

49

125%

125%

*109

59
.

*92

48%

113

t

94%

*12%

48%

*109

♦92

94%

113

58%

126

125%

<•

58%

125

125%

*109

58%

125%

58%
*

*48%

126 %

*126

127

112 Va

*110

58%

125%

125

125%

113

*110

112%

58%

125 %

180

24,100

125%

125 %

600

$5

99%

126

58%

99%

900

99%

99%

99%

99%

99%

99%

99%

15%

15%

15%

15%

15%

15%

15%

15 »/8

19%

19%

19%

20

14 %

15 Va

1,200

19%

19%

xl9%

19%

15%

15%

19%

19%

15%

15%

15

2,700

15%

15%

14%

3

3

13%
23%

*127%

3

13%

3

13%

23%

13%

23

129

*2%

3

12%

23%

*127%

*2%

13%

22%

129

14%
12%

22%

*127%

22%

129

*128

3

12%

4%

4%

4%

*28%

28%

28%

28%

28%

28%

28

28 Va

30%

30%

*30%

31

30%

30%

30

118

118%

30'%
118%

116

116

*29

*117
29

27

*100

■

29

27%

27%

*100

102%

24

24

96

95%

*81

84

102%

23%

*94

95%

27%

27%
*99

23%

22%

1 per share

29%

25 3

4

*52%
6 Vb

*118

97

22%

93%

23
95

*92

25%

25%

54

122

24%
59%

57%

*101%
45

103%
19

5%
*6

*33%

*19%
27

102%

33%

*19%

1 per share

97%

28%

25%

25%

53

6

*52%

6

120

120

Day

19

18%

5%

5%

6 Va

*102%

104
19

102 %
44

102 %

*18%

18%

18%

5%

5%

5%

6

6

103 Va

5%
6

Granby Consol M S & P
Granite

26

2,600

Grant

6

10%
*31%

15%

15%

;;-I2'/R
*44%

'70%
14%

*90

12%

11%

46

*44%

71 %
.

37

36%

22%

22%
142

68

*63 %

6

31% Feb

8

11%

99%

*99

31%

31

31 %

6%

*6

6%

11%

11%
*44%

71

14%

11%

*91%

11%

Green

3,400

93

*91

%

12 %

11%

12 %

43%

45

93

11%

46

43

69%

70%

70 %

14%

14%

14

70%
14%

6,100
8,800

14%

,

12,300

48

Oct

160

6% Feb

8

4%

Oct

29% Oct

20

20%

Oct

May

11%
26%

Apr
Feb
Jun

36% Jan

23

29

Jan

47

Jun

124% Jan

29

101

Oct

132

July

35% Jan

2

32

Nov

1

24%

49% May

Oct

46%

Apr

Oct

96

111

Feb

NOT

60

Jun

Sep

118

Jan

Oct

105

104%

Sep

Year 1946

Lowest

Highest

$5

Jan

6

2614 Nov

Sep
Feb

17

100

Oct

106

Apr

63

Deo

58

May

7

6

6%

Nov
Nov

Jun

6

71% Feb
106

11

59%

July 23

100%

Nov

21

Nov

105%

13% May 13

24

Jan

10

19%

814 Oct

24

6%

Oct

May 19

5% Oct
Jun

2

25% Nov

2

8% Mar 27
41

Jan

2

2114 Oct

23
10

28
101

107

May

2

14% Feb

10

12%

Mar 28

37% Feb
17

Jan
Mar

Feb

16

Jan

12 %

Nov

83

1

Jan

43

Nov

5

25

Nov

Apr

113%

30% Mar
12% Oct

98

Mar

77

Oct

5%

107

Sep
Nov

3

Jan
Jan

47% May
88% Apr

Sep

50%

61% Feb

4

Jan

54 % May

27%
40%
112

Feb
Jun
Feb

Deo

13%

18

33%

Dec

35

Apr 18
34% May 21

Sep

30

13%

Dec

21

Feb

49% Feb

3

Oct

64

Jun

2214 Jun

277/s Mar

5

40%
22%

NOV

34%

Jan

188%

Apr

25

141% Oct 31

100

59

May 12

29% Oct

7

Nov

25

15

No par

9

100

July 29

99% Nov

1

17

24

163% Jan
70

Feb

158

Oct

5

55

Oct

79

Feb

20%

Deo

20%

Dec

102%

Oct

21

105% Feb 27

Apr

32% Oct

14

23% Deo

62%

Apr

8% Jan

10

6% Oct
80
Nov

13%

Jan

May 17
614 May 19
31% May 21

93

57% Apr

14

74% Nov

8

14

Nov 24

16% Sep

12

25

Gulf Oil Corp
Gulf. States Utilities Co

111

May 27

78

No par
;

Dec

27

35% Aug 22
21 % Mar
5
1114 Nov

Dec

4% May 14

1
No par

preferred

8%

151%

Nov

27

9

May

19

58

Apr

108

Aug

1

preferred

conv

103

42%

22% Jan
102% Deo

109

100

Co Inc

Gulf Mobile & Ohio RR
$5

Mar 31

105% Jan 20
30
Feb
7

t per share

No par

Aircraft Corp
Guantanamo Sugar common

i

32

$ per share

No par

4preferred

500

71

14

'

6%

Grumman

50

12

43

,

70%
■

1,200

Nov

137

116

9

Common

60

31

Oct

24%

26

102% Nov 25

Tap & Die Corp—No par
Greyhound Corp (The)—

26,200

100

23% May

14%

Feb

49

Greenfield

31

—-

15

13

Si Western RR

1,200

6%

Ry

Green (H L)

*99

6%

Bay

1,100

11%

11%

100

Iron Ore

Preferred

10

15

Jan

29

31

com

Great Western Sugar com

15

Jftn

7%

Oct

1

2,900

15 %

40%

Oct

2%

Feb

No par

22 %

32%

21% Nov

33

Prop—-No par

pfd

68

Apr

124

41% Jun

100

pfd

conv

Northern

143

29

'

13

100% Nov 12

5

common

Gt

32%

11%

Co

6,500

*63%

Dec

Nov

•»-»

May 14

31

preferred
Grayson-Robinson Stores
cum

18

12 % May 19

Nothern

*140

103

22

5

Gt

32 %

31

(WT)

$2.25

Nov

No par

22%

68

Feb
Feb

Dec

102V4

No par

3%%

100

00

NOV

101%
11

32%

Co

36%

142

99%

600

124%

80%
132

15

Steel

City

3,200

15 Va

92

01.1

Union

15% 00!i
37% 00 (

32 Va

15%

92

10%

180

32

15%

22%

31%

99%

10 %

37%

146

%

*31%

15%

22%

46

14

10%
32

36%

92

70%

14%

16 Va Jan

$ per share

104% Jun

1

Grand

31%

6%

Motors

400

15%

6%

Graham-Paige

800

31%

92

8

Oct

No par

Hosiery

1,000

15%

>90'

8

Jan

47%

No par

19%

38

6%

100
No par

preferred

conv

33%

32

6%

Co

com

19%

15%

11%

F)

33 %

36

31%

23,100

$5

Gotham

(B

19%

*31%

100

500

Co

34 %

15%

•*6

Feb

4% Feb

Jan

11

5% May 21

10

19 %

37%

15

600

19

5%

32

11%

6

24

Aug

123

Feb

1

Inc

*33%

15%

15%

Goebel Brewing Co
Gold Si Stock Telegraph

$5 preferred
No par
Goodyear Tire & Rub com—-No par

43%

37%

99%

.Nov

84%
135%

Sop

Apr

24
Nov 10
51% May 6

Goodrich

*101%

44%

*31%

30

19% Jan

Jun
Dee

114

30

50

6,500

102 %

43 Va

25

11%

16

Highest

92

new__No par

4,100

*101%

44%
103

*98

31%

com

preferred

Goodall-Sanford

34 %

*63%

No par

(The)

conv

2,000

26

30

Mar 25

107 Va Sep

42
128

40 V» Feb

1714 May 19

24%

102 %

Fob

106

2314 May 19
95% Oct 14

59

20

68

10

56%

3

5

53 %

99

100

11

$ per share

No par

23

*33%

32%

1,500

Oct

14

No par

com

common

25

*19%

*142

Brothers

4%%

122

*118

Razor

preferred

conv

58%

99

11%

65% Feb

140

Feb

39%

Range lor Previous

$4.50 preferred

6 Va

25%

30

«

Lowest

24%

20

146

Glidden Co

54 %

10%

*99

Feb

26

Apr

52

Range Since January 1

58

33%

22%

Safety

3,100

$5

93 %

25%

99

15%

Oct

21% May 27

STOCK

58%

6 Va

*6

Gillette
Gimbel

6 Va

Thanksgiving

YORK

24%
.

*101%

6

6,800
700

25%

26%

15%

19% Apr
101

Par

3,600

*52%

10%

15%

May 27

54% July 11
25

20

Apr

Deo

3

131 Y« Feb

129

40%

182

"

23

*92

25%

99

31%

3

19
27% Nov 28

EXCHANGE

97

22%

93 %

122

24%
58

28%

NEW

Shares

29 %

*95

.

54

6

*118%

# per share

23

*92

93%

25 %

*52%

$ per share

96

22%

Sales for
the Week

29%

95%

,

23

Friday
Nov. 28

11%

*63%

Oct

■

STOCKS

Thursday
Nov. 27

Nov. 26

29%

59%
102%

Wednesday

99

68

May 19

16% Mar

X122

47% Aug

Sep
Oct
Oct

33%

5

99

32%

28

158

Aug 21

Feb

*10%

32%

3

101% Apr

5

com

Nov

103

98

11%

*63%

9

25

25%

*142

45% Jan

Nov

PRICES

99 %

146

Nov 28

81

SALE

*98%

♦142

3

100

26%

22%

39% Feb

preferred

26%

22%

May 19

27%

7

3%%

HIGH

*10%

22%

Jan

Nov 28
May 19
May 19

160

10

AND

"

34

Sep
8
Jun 10
Nov 28

22

43%

20%

Rubber Co

Apr
Aug

Jan

102 %

27

26

No par

Telephone Corp
20
Gen Time Instr Corp com__No par
4% % preferred
100
Tire &

90%

108

45 Va

*6

pfd

General

Gen

Deo

26

103%

6%

1

$6

74%
x35%

Nov

44%

5%

Corp

Cast

Apr

83% July 16
47% Fee 13
33
Pteb
8

3% May 17
18% May 19

No par

Apr

Apr 28

93

*102%

571,

10c

Refractories

Steel

Gen

19
125

Apr

200

16%

2% May 16
12
Nov 28

5

13

Apr

14%

Dee

28%

3

100

71%

Sep
8ep

*170

Sop

8

No par

10%

109

Nov

14% Nov

10c

48

1

May

21% July
Dec

Deo

8%

13% May 20
18'A Oct 20

No par

li

July

100

45%

19

Equip Corp

17

18 Vs Feb

104

9

124% Nov 20

1

58% Oct
185

preferred

103%
19

Co

9

414%

25'

*101%

Cement

Jan

11

Bl7/s Jan

common—_No par

109

14% Feb

Jun

99

24

Deo

18% Jan

110

No par

67% May

Nov

13%

May 19

125% Nov 20

No par

Service

General Shoe

32
35%
92
11
43

Deo

15

40

22%

122

*24%

59

1,800

37

24
145

38

94%

*95%

6%

♦118%

24%

270

28%

8
71

4
21

20

83

*92

•

26 Vb

6 Vb

117%

27%

48
Apr 17
9% Oct 16

166
Nov 26
11% Jun 16

May

Oct

*91

29 Va

54

*52%

6 %

117%

25

Apr

Nov

*79

1 per share

29%

96

23 %

General

Nov

7%

Jan

16

94

Nov. 25

97%

1,300

30%

100

4314 Feb

7

23

83

Tuesday

23

26% Aug
4
1414 May 21
107/s May 19

93

Nov. 24

*92

21 Va

30%

600

17

*79

Monday

*96

Gen

3,300

Deo

81

Nov. 2i

29 %

4,800

26

8

96

Saturday

29%

4%

22 %

9% Feb

10

Public Utilities Corp
Railway Signal com
preferred
Realty & Utilities

6%

101 %

4% July 22

100

com

Gen

26

1

100

.Gen

22

Jan

No par

1,200.

*99

29%

5

.

35,100

27%

Sep

1

12%

0 129

22%

17

5

Corp

Public

101 %

19

No par

Precision

1,000

Jan

21V* Nov

:

Gen

27

29

26

No par

600

4%

Nov

94 %

LOW

f per share

4%

14%

21

81

84

*81

29

101 %

22%
*

118

29%

*99

23%

4%

119

29

27%

29%

27

4%

3

com

23 V8

23%
*128

11%

X17Y4 Feb

No par

Corp

Adv

15% May

Sep

12% May 24
14% May 17

50

Co

Portland

10%

21

5

3,500

3

12

23

129

General

July

27% May

Oct

com__l

preferred—4
$3.75'series

Outdoor

Gen

Jun

112

Sep

No par
100

Gen

2%

4%

4%

15 Va

23

48

Sep

18%

18% Jun

common—1.66%
Investors

common

Motors

17

10% Oct

NOV

2

com

Preferred

99%

General

17% Feb

Nov

89

50

Inc

5%
preferred—
3%% conv preferred

.57%

17

18

28%

lOSV^MarlO

No par

Instrument

Mills

Nov

Jan

Jan

20

Corp
preferred

$3.50

24

5% May 17
12

1

com

8

Nov

9

1

common

Foods

95%

19% Sep
78

100

100

36%

*93

1

common

preferred

36%

July 24
25%

Co Inc com—No par

36%

Apr

6

preferred

36%

Pea

23% May
lOu

18

100

2nd

conv

General Cigar

20

35%

21%

Oct

13

Corp

34%

Jan
Sep

25% Jan

Corp com
preferred

35%

7

12%

1214 May 20
36% May 19

General Cable

35%

110

Nov

11%
71

26% Jan

No par

35%

7

297/« Feb

Transportation
Baking—

35%

13

No par

preferred

35%

14

15% Feb

Jan

19% May 17

Amer

1st

33% Oct
-94% Jan

Jun

237/a May 23

preferred

4%

13

105

10

Industries

General Bronze

210

24 %

24%

147%

$8

24

96

100

$4.50 preferred
General

12%

41

12

11%

14% Jan

25

110% Feb 25

9
May 17
69% May 17

1

10

Co

35%

,

Nov

18

10

(Robert)

conv

General

12%

*78

4%%

10

11%

78%

(The)

Wood

6,400

12%

12%

78%

26%

,

Apr

14

No par

Gardner-Denver

2,000

166

12

12

147

1

67

No par

10%

*160

12%

12 %

80

*40%

t

115

Oct

preferred
Gamewell Co (The)

53%

10%

Day

*79

,

Sep

6%

Gar

46%

25

Container

15%

21

28% JUiy

Oct

33%

common

Co

10

Co

NOV

25%

6

preferred

Gair Co Inc

16

15

Malting Co Inc_l

&

Trailer

cum

4*

39 Va Oct
41 Va Jan

Sugar Co
Sulphur Co—

Freeport

Nov

21% Jan

7Va

Foster-Wheeler

19%

14%

May

52

14% May 27

24

May 19

Corp

10

*

70 %

51% May 20

105%

30

Stores Inc__

19%

9 Va

Jan

107 % Aug
7
62'/4 Oct 23

34% Mar

101

Corp

10%

19

109%

16

Sep

No par

%

10
*

Apr

Dec

Sep

19%

21

No par

Machinery Corp
314% cum conv pfd

30

26%

25%

Feb

83 %

Feb

10

May 19
Nov 10

Food

98'%

27%

70

Nov

104

(The) common—No par

Power

Follansbee

32%

12%

82

*97%

*25%

Oct

51

100

preferred

Florida

*80%

12%

49

61

No par

98%

12%

26 V* Jan
\
59Y4Feb 2b

No par

82

12%

26% Feb

46% May 27
42% Jun
5

(The)

*98

■

com

20% May 17
20% May 20

Firth

$4

Highest
J per share

1

First

Flintkote Co

t per share

5

preferred
National Stores

*80

12%

$ per share

Lowest

10

Corp

Florsheim Shoe class A

23

30%

Enamel

Florence Stove Co

36%

14

23

Tarrant

4%%

30

35

37

*221/2

14%

16%
35 %

16%

36

103

Highest

S per share

25

61

14%

33

Fidelity Phen Fire Ins N Y

*59%

14%

33 %

Perro

1,800

53%

14%

32

100

55%

Si

Year 1946

Lowest

Par

400

16%

Range Since January 1

22%

105

35%

Range for Previous

STOCK

Pelt

*104%

*100%

YORK

EXCHANGE

300

104 %

14%

14

NEW

Shares

I per share

x59 %

36%

*35

1 per share

Sales for

104%

103

RECORD

the Week

55%

16%

36

Friday
Nov. 28

50%

61

*100%

37

*21%

104%

16%

16%
102

20%

22 %

*60

37%

36%
102

21%

104%

62%

*16%

3714
103'%

*35

104%

104%

STOCK

(2221)

STOCKS

Thursday
Nov. 27

t per share

58

*50 Va

YORK

CHRONICLE

PRICES

Wednesday

t per share

6 per share

& FINANCIAL

No par

25
No par

July 16
14% Feb
3

49

July 22

9%
31 %

56%

Nov

15

Oct

17%

Oct

Jan

30%

Sep

35

108

Sep
Oct

Jan

78% Jan
78
May

1"

35%

115 %

,15%

:

*35

.

15%

*14% ;15
;*96

*106

14%

.>i:97%
107%

*31 %

*714
*80

*814

8%

154

7%

15%

14%

14%

97

96

106

*106

26%
*150

31%
•

7%
*78

26%
154

31%
7%
82

■_

.

.

26 %

*150

31%
*7 %

*78

*35
.

14%..
96

106%

26%;
154

31%
7%
82

35%

35

*15%

15%

15%

1414

„

14%

14

96

*95
,

96%

?106

106%

26%
*150

31%

7%
*78

,

*106

8

8%

8

7%

8

8

8

267/b
26%
*91

•; 40

39%

*102% ;io3

*102%




;

>14%

1,806

: t

-

,

26%

27

27

*27

*26

27

*26

26%

*91

94

91

39%

39

*102%

10

2,200

39%103

'-39%

*102%

•

Jan

22

_100

96

Nov 25

112

Feb

4

Co $4.25 pfd—No par
Harbison-Walk Refrac com—No par

104

Apr

15

19% Apr 17

4%

Hanna <M

6%

preferred
Schaffner

Hat

800

7%

Hayes Mfg

1,100
,

.Hazel-Atlas

200
70

*

39%

103

500

100

Si

Marx

Corp of Amer class A
4%% preferred
Hayes Industries Inc
i

2,800

26%

26%
91

.

com

A)

Hart,

8

.

Co

preferred

conv

Hecht
v

Co

3%%

Heinz

1

Corp
Glass

Co

common

preferred

(H

3.65%

39

Jan

11

40% May
'

200

'

*39

*19

600

82

26%

*102%

30

Nov 28

7%

:;:9i" ;

39%
103

16

Jun

14

Watch

31%

.

91

Apr

>14

154

*7%

27%

26%

33

-5
No par

(W F)

Hamilton

40

106%

.1

7%

94

103

96

*78

8%

8%

94

Printing Co

:

*7%

.

8%

27 %

Water

Hall

31

7%
82

8%

*91

Hackensack

700

26 Va

31%

8%

*2614

100

15%

*150

&%
27

.35
•:

26%
154

8%

*26%

*38%

35%

*15%

106

32%
82

*35'

15%

*96

Mi26% r 26%
*150

35%

H

■

.

r-: 73514

J)
cum

Co

common

preferred

148% Oct

10

100

83

1
v-25
15

22

100

91

100

Nov. 10

6
May 19
4% May 19
25% May 16

2

.,-25

30

28% May 19
614 May 19

1

>

May 21
Nov 26

35
May 16
102 % Nov 20

19 V* Feb

4

103

24

Aug

26%

Jan

v

Oct

119

108% Sep 12

105%

Jan

109%

26% Nov 24

20%

Sep

151%

Nov

34% May
170
Aug

160

Jan

39% Jan
10% Feb.
100% Apr

27

6

33

3
7

8

Oct

99 1

Sep

106%

Jan

8

Nov

20%

5% Nov
29% Oct

15%

Apr
Jan

36

Dec

12
Feb
8
9% Oct 24
35% Jan
8

30% Jan
103% Apr

42% Feb
108

Apr
Apr

2
14-

13
July 14

28%
101

41%
103

Nov

NOV
Nov

60% May
16% Jan

51.4 May
109% Mar

Deo

44

Dec

.105%

.

>

Dec
Dec

IT

18

THE COMMERCIAL

(2222)

NEW
LOW

1

b

i

Saturday

Monday

Nov. 22

Nov .24

'•

HIGH

AND

Tuesday
Nov

SALE

RECORD

STOCK

YORK

Range for Previous

STOCKS

Thursday

Nov. 26

Monday, December 1, 1947

CHRONICLE

.

PRICES

Wednesday

25

& FINANCIAL

Nov. 27

Friday
Nov. 28

Range Since January 1

YORK STOCK
EXCHANGE

NEW

Sales for

the Week

I

>

per

share

*50

■J

51

*141

1

.

120

32%

,

2.500
20

32
120

27%

27%

12%

12 %

12%

.

120

*26 %

28

27%

27%

*26%

27 %

200

12%

12

12%

11%

12 V8

4,000

12%

32

*31
28 %

*31

31%

*30

32

32

32

32

32

400

28 %

*27%

29

*27%

28%

27%

27'%

27

27%

500

25

25

25%

25

17%

*16

17

*16

21%

21

21

*20%

21%

1,300

41%

41 %

41%

41

41%

3,400

30'%

30%

30'%

30

30

20%

20%

21

21

41%

41'%

41%

41%

41%

30%

»

-!

*17%

18

17%

30 %

30%

*47%

48%

*47%

48'%

32%

32%

95%

95%

95%

*40

32%
95%

48%

48 %

31%

32'%

31%

80

39%

39%

40

39

40

25%

24%

25

24%

25%

24%

25

36%

*22%

f*'

23

22%

22%

22%

21%

*22%

*36%

37

36%

36%

36%

36%

36 %

37

x36

5

4%

4%

4%

4%

4%

5

*22

4%

39

3

Hudson

Motor

Hunt

Foods

Hupp

Corp

*22%

23

22

Idaho Power Co

7,100

iiutuns

59

500

98

10

44%

Feb

7

18%

Oct

45% Jan

63% Oct

23

41

Oct

85

100

93

Jan

21

97

Aug 22

87

Sep

99%

Apr

15

Jan

16

25% July 24

14 %

Oct

37%

Jan

7% May 19

10% July 17

6%

Oct

16%

lines

Leased

4%

45

46%

132%

134
174

*170

500

14%

1,000

46

200

132 %
174

Industria Electrica
Industrial Rayon

40%

39%

40'%

39 %

39%

39

39%

4,600

Inland Steel

16%

16%

16%

16%

16%

17%

17%

17%

5,300

Inspiration Consol

*6%

7%

*6%

7%

*6%

7%

*6%

7'%

46

*45%

*45

*45

46

103

46

103

*102%

103%

3%

3%

3%

3%

14%

14%

14%

14%

14%

234%

86%

230

87

85%

173

7

172

7%

*32%
*78

32%
*78

4%

4%

1,200

14%

7,500

28 %

27 %

*134

134%

134

6%

134%

6%

31%

Business

87%

6,400

Int'l

Harvester

172%

340

3

No par

100

85

3%

2,500

27'%

19,500

134%

135

134%

9,100

56

56%

56

56 7%

98'%

,98'%

98

98%

400

*11%

12%

11%

1-1%

1,400

preferred
100
International Mining Corp
1
Int'l Nickel of Canada com..No par

5% Feb
36% Feb

8

100

130'% July

136% Apr

2

Preferred

International

54%

53

53

*52

54

53 %

100

International

Salt

42%

42%

42

42'%

*42

42%

42%

42%

700

59'/4

*57%

58 %

300

International
International

Silver

36%

36%

36%

100

13

13%

13%

13 %

*22%

12%

22%

*27

*13

22%
27

27%

68

68

*66%

*145

153

151%

12%

13

i per share

10 %

*20%
92

10%

10%

21(4

*20%

92

*43%
*98

12%

13

12%

13%

2,400

Foreign

21%

22

21%

21 %

700

Interstate

27

T49

151%

43%

26 %

25%

26

300

69

66

66%

700

Island

152

149

*149

152

AND

HIGH

SALE

preferred

l

YORK

Par

Shares

t per share

9%

3,900

Jacobs

I)

(F

1

Co

Thanksgiving
Day

42

600

Jewel

44

43

116%

117%

29'%

x28%

28%

*103

106

106

*103

*140

34%

*91

93

92%

92%

*91%

39

39

38%

38'%

x37 %

17%

17%

17%

17%

*17

99'%

99 %

*22'%

22 %

22%

22%

21%

*48

49%

48%

48'%

*47%

116'%

28%

28%
103

106

35

115

28%
102

103

42 %

Inc common. —No par

Tea Co

.cumulative

3%%

100

preferred

common.—12%

Johnson:& Johnson

4%

90

103

2nd preferred series A

Joliet & Chicago RR

35

33 Va

93

91

91

38 %

37%

38%

17%

171/2

*16%

6,400

34 %

37%

38'%

1,000

Jones &

5%

200

2,100

pfd —100

preferred. —100
Johns Manville Corp com
No par

500

28%

*91%

92 %

4,200

115

34%

%

Cent Pwr & Lt 4%

3%%

99 %

*140

*140

*140

35%

*115

42

*97

41%

43

X42 %

43%

119%

28%

99 %

Sep

5

52%

58% Feb
44

11%

Feb

42%

Feb
Feb

148

55'/a

Dec

Aug

113

26% May
July

125

Sep

70'/a July

36

Oct

49%

39%

Aug 25

Nov

60% Aug

37

Dec

42'/» Aug

31%

Jan

Feb

17% Feb

11

14%

Nov

17% Feb

11

14%

Nov

31%

26% Feb

ll

23%

Dec

50

May 17

26% Aug

19

20%

Dec

34 %

July

38% May 20

69% Nov

25

39%

Dec

50

Aug

Dec

163

Jun

9% May 17
9% May 17
19

Apr

20

143% Jan

14

2

158

Aug

141

1

Feb

Apr

Year 1916

Lowest

Lowest

Jersey

42

101%

Range Since January 1

STOCK

EXCHANGE

the Week

Nov. 28

9%

NEW

Sales for

Friday

Jaeger Machine Co common—No par

42

20

Anr

Range for Previous

100

118%

34%

1

common

140

90%

Feb

7

21

*97

116

Feb

89%

99 %

Nov

40

*20%

43%

Oct

11%

Jun

*88%

90 3 4

95%

18

32

21

29

35 %

t per share

10

90 %

38%

12

Feb

28

26

Sep

22

16

59% Oct

63% Oct

9%

121

35%

2

*20%

29

*140

23

10%

42%

104 % May 16

Oct
Oct
Aug

107% Sep

May 19

20%

*97

99%

28

May 19

28%
133

40 %

9%

91

Nov

9

37'% Jan

20%

10%
21

92

*103

Nov. 27

t per share

98

4%

8

STOCKS

Thursday

Nov. 26

38% May 19

46% Apr

No par

Coal

PRICES

Wednesday

t per share

$6

60

149

Creek

9

25

No par
No par

Stores

Intertype Corp

*66 %

Nov. 25

44

43%

43%

*26%

Tuesday

share

Dept

69%

69

3% May 17
26% Nov 28

6%

25

share ctfs

27%

*27%

70

26

par

common

Telep & Teleg —No par

International

13%

95

No par

No

Shoe

preferred

22%

44

*97

7 c'c

12%

92

44 %

100

*117'%

per

26,400

100

preferred

22 %

Nov. 24
t

13

12 %

13 %

5%

90

13%

Monday

Nov. 22

12%

13%

$4
preferred
No par
Int'l Rys of Cent Amer com_..No par

22 %

LOW

Saturday

59'%
*35

15

Co com

Paper

*53%

36%

Apr
Jun

54%

59%

Jun

202

Aug

42 %

59%

102

Dec

101

111%

*35

Nov

175%

Dec

111%

36%

66 %

12

00%

111%

59%

July 14

29

12

59%

Jun

Jan

561/4

*35

Feb

Feb

250

96

99%

36%

Jan

195

20

82'% Nov

4%

55%

59

Nov

45

*11%

*35%

246

Sep

*98%

*57

20'/*

Oct

12

*51%

13%

Oct

27

99%

42%

May

Dec

22

56%

*53

112

5%

10%

Feb

7

34% Oct

11%

111

Aug

105

11

15% July 24

6

5

Chem common

&

55%

111

May

May 19
22% May 19

Mining

*98%

111%

11% May
59

L5%

12 %

*111

Feb

22%

35% Nov

Mar 21

108

44%

11

99%

111%

19

Jun

10% Feb

56%

111%

9

Aug

186% Jun

56%

111%

Sep

8

Jan

Jun

190

13

*98%
12

7%

8'% Feb

Jun

54

151%

13

340

135

Sep

Jan

Jan

100

Int'l

3%

Sep

13%

May

163'% Nov

No par

common

Preferred

Int'l Hydro-Electric Sys class A..25

26%

33%

26

50

May 19

70

21.

42

192% Apr 29

Machine

101 % Nov

Oct

17% Nov

9% May 19

100

1,600

3%

Oct

No par

3,400

6%
32

27%

27

134'%

*78

82%

3%

3%
27%

Int'l

6%

32%

82 %

83

3%
27

134

6%

32%

*78

4

28%

172%

173

*31%

7

32 %

83

173

87

87%

86%'

87

500

229

Sep

168% Mar

No par

Interlake Iron

229

36

116

18

Rubber

Intercontinental

14%

230

21

21

No par

10

3%

14%

22%

136% Oct

Apr 19

Jan

36

Sep

180 % Feb

12'% May 19
6% Sep 30
35% May 17

1

Sep

11%

x48 % Nov

com

preferred

4%%

103%

3%

14

33

Jan

23

25

July 17

July 29

174

20

Inc

Corp

*102%

173

6%

Copper

Ctfs

Interchemical

3%

*225

231

86%
172%

33

*3%

28%

231

86%
173

6%

33
83

234%

Insuranshares

103%

14%

*172

45

;

3'%

3%

*230

*44%

46

100

7

7

*102%

103%

39'% Aug

May 27

107

No par

Co

40%

*3%

May 19

X35 % May 20

1

No par
—100

Ingersoll-Rand common
6%
preferred

16%

*45%

30

17

22

40'%

*102%

Apr

Sep

30

37% May 21

20

16%

*40

31%

18% May 19

100

30'% Jan

*46'%

*170

I

5

central RR Co common-.iuo

preferred series A

14

47'%

174

Jun

28

*13%

*170

10%

12'% Jan

21%

13%

174

Sep

21% Nov

22%

13%

*170

Jun

5%

De Mex, S A—

22 '/4

13%

174

49%

S

7% Feb

Indianapolis Power & Light__No par

22%

13%

46 %

34% Mar

Oct

7,200

22%

*132

45% May

Oct

25%

5

14%

46%

Sep

14%

2

1000

23%

133

33

15

30% Oct

28

Jan

RR stock ctfs series A

13%

133

3

21% Oct
30

Illinois Terminal RR Co

22%

134

43% Feb

May 14

300

14%

46%

Jan

2,100

23%

*130%

Jan

25

9%

9%

48

Feb

12%

Dec

21%

9%

133%

60%

Oct

11%

9%

9%

Apr
July

3

21%

22%

9%

23%

170

2,900

26

*21%

*14'%

130%

31%

25

*96%

22

22

30%

9%

10

*47'%

22

4%

9%

10

1

6,800

5

13% Mar

12'% May 19
15 % May 23
3% May 20

6.66%

Feb

7% Feb

May 19

33

No par

Car

Inc

59

98

*96%

Nov

»

r.

26% July 24

7% May 16

non-cum

4%

98

46

38% Mar 28

5

Co

Hudson

*96%

36

i.

Feb

31'% May 19

Hfidson & Manhattan common._ 100

1,000

96%

21

28%

47

19

96'%

Feb

Oct

Oct

18%

98

56

Jan
1

12%

24%

19'%

*96'%

i

_

29

Ho^e Sound

6%

Feb

va

'

—

20% May 19

19 %

Day

19

—

1

20%

Thanksgiving

34%

Jun

*19%

25%

22

13
26

30

20%

31%

56

26

Jun

30% Nov

Oct

*19%

60

34% May

Sep

Jan

48

28

14%

20%

31%

Sep

2a

23

Nov

16% Jan 16

1,400

25'%

May 19

Apr

Jun
May

Jun

6,800

60

40

30

11

31'%

Dec

45 % Jun

19 %

25%

18

37 % May 21

35%

61

20

No pur
Oil of Texas vfc——-25

10%

31

20% Oct

Apr

18%

25'%

May 28

35%

35%

*59

37%

52%

11%

31%

41%

Oct

111'/a

19%

60%

Sep

227/a

Sep

35%

26

21%

4

Dec

19'%

31'%

May

12

j'dlh

a

27

35'%

25%

39 '/a May
*43

09%

11%

60 %

Oct

Nov

26

6

19%

26 %

22

4

10

3

35 %

61

Jan

Oct

11'%

31%

146%

105 Va Sen

19%

61

Apr

Nov

123

j

11

35 %

31%

Apr

139

3

Feb

x29 % Nov

15

19%

26

72 Va

Jan

95% Nov 22

11

4%

Jan

——

13% May

35

4%

I;

Sep

38%

17

19%

4%

17

29% Jun

13% July

Jan

Aug

46%
130

30

11

4%

11

5

Mar 21

35 >/4 Jan

34%

4%

5
23

90
192

14 %

11%

4%

Sep
Jun

Feb

Oct

21% May 20

19%

4%

5

22% Apr

34%

4%

Sep

20

20%
.

134

28% Jan

Howard Stores Corp

400

29

Oct

46% Apr

1,*400

1

25

26

19%

*11

Sep

10% Jun

preferred
100
Bay Min & Sm Ltd—No par

*11

38

50

Houston

5%

63
134

No par

com

preferred
Houston Light & Power
3%%

3,500

|

9
12

$ per share

Dee

61

169%

17% Nov

18

118

7,900
300^

4%

4%

8

50 % Sep

34%

>-

..

22

Highest

share

100

Finance

Household

800

23

*38%

23

•

.

com

2,9

Jan

30% Nov

——5
No par

preferred

$2.25

1,800

95 Va

*92

95%

25

25%

Houdaille-Hershey

400

*47%

48'%

31%
*94

Electrochemical Co

Hooker

•

*94%

Corp

Hoinestake Mining

1,900

17%

Furnace

Holly Sugar

900

39%

40%

25

48%

32

48%

32%

95'%

18

17%

18

17%

17%

17%

32 %

J-

Holland

17

*20%

*16

The
(Del)
Hollander & Sons (A)
E)

(C

Co

Hires

2,100

25

24%

*16'%

18

--

24%

25%

25%

17%

25%

*16%

Hotels Corp
Dauch Paper Co

Hinde &

Jun

22% Feb

129'/4 Nov

5
5
10
1
5
5
No par
12.50

Inc

Hewitt-Robins
Hilton

6b

165

14% May 17

preferred
100
Hershey Chocolate new com. No par
$4 conv preferred
No par

160

118%

122

28 %

12%

Powder common

S per

49% Nov 26

No par
No par

5%

200

*118%

119

■

>.

Hercules

53%

129%

31%

32'%

*32
119

18

53%

preferred

Motors

Hercules

Sper share

share

Lowest

143'/4 Nov 21

25
100

common.

non-cum

7%

40
500

129%

131

(G W)

Helme

700

50'%
144%

17%

18'%

Shares

share

*142

54%

54%
*129'%

S per

50%

50%

54

129%

*31%

32%

*27%

w

1

53%
129%

$ per share

144%

*17%

18%

54
131

*31%

122

49%
144 %

50

*18

18%

I per share

share
144%

53%

32%

122

.

50
*141

144%

*129%

131

*31

■$

18%

53%

S per

share
50

144%

18%

53 %

*129%

per

50

144%

18 %

i

i".

1

Highest

$ per

Par

1

Year 1946

Lowest

100

Highest

$ per

$ per share

share

6% Jun

lo

x20% Nov

21

90 % Nov

26

39% May 20

99% Nov
37

Jun

13% Feb

t per share

8%

14

preference series A

100

Joy Manufacturing Co

l

share

24%

Jan

24% July 28
104% Feb
53

4

Jan

10
2

2

104% Sep
46% Oct

100

45%

Dec

Nov

108

July

59% May

2
16

May 19

24% Sep

29

125% Oct

16

112

Jan

11

2~7~% May" 17

39

Feb

8

Nov

Sep

153

Apr

109

May

115%

Feb

Mar

150

34% July 28

28

102

111

140

110

stamped. —100

Laughlin Steel com..No par

Dec

Highest
$ per

31%

Nov

53%

Feb

Feb

Nov

28

101% Feb

18

99

Sep

108

May

25% Jan

3

40% Oct

20

18%

Oct

34

Apr

4

22% Feb

10

17% Oct

30

May

23

108% Mar

91

K
17%

17

600

99

70

City

Kansas

*17%

17%

*24

24%

*98

17%
*24

100

*98

17%

17%

24 %

*24

*99

100

99%
22

*48

49

21

22

2,300

48%

21 %

21%

99
48

48

300

17%

xl7

17

17

17%

1,000

24%

24

24

*24

24%

200

19 %

*19%

19%

19

19 %

48%

49

48%

49%

48'%

491/4

x47

47%

46

46%

46

45%

46

45%

45%

x45 %

45%

45%

45'/a

700

24

23%

24

23%

23%

23%

23%

23%

23 %

1,400

106%

106%

106%

18

19

19

18

16,400

10

14

100

99

Nov

16

May 17

preferred
Kansas City Southern com
4% non-cum preferred

18%

Oct

40%

Jun

47% May 19

58% July 24

45

Sep

67

Jun

5
Kelsey Hayes Wheel conv class A—1

13% May 19
20% May 17

18

17

15

Dec

26%

Feb

26% Feb

8

19%

Sep

34%

Jan

13% Jan

21% Oct

15

11%

Nov

30

Jan

(Julius) & Co

Kayser

Class

1

B

Kennecott

No par

Copper

108%

106%

104%

105%

240

*14%

14%

14'%

14%

*13%

14

14

14

*13%

14%

400

Kinney

*75

76%

76

76

*75

76%

75

75

*75

76%

140

34%
98%

34%

34%

34%

34%

34

34%

33

33%

2,800

97%

97%

97

97 %

96

96

96%

96%

240

*107

108%

34%
*97%
*37

37%

*107

*37

37%

36%

*50'%

50%

50%

50%

50%

50%

*50%

*47%

48%

48

48%

47%

47%

47%

5

5%

5

5%

5

37

37

5%

36%

37

51

50%

47%

5

5 %

*47%

5

$5

1,000
1,000

Kress

800

5%

3,600

10%

10%

10%

10

10%

10

10

23%

23%

24

24

24

24%

26

*11%

12

11%

11%

11%

11%

*11%

12

*52

52%

*52

52%

52

52

*51

54

*51

54

44%

44

44

43

44

*41%

44

*42%

43

500

*26%

26%

*95

26

26%

96

96

10%

10

10%

10

37%

38

37%

37%

37%

37%

*5%

5%

2%

<

2%

*25

40

*19%
47%

*For

2%

104% May 19
11% May 20
65% Jun 17

116% Feb

Dec

15%

Feb

29

Jun

85

Jan

6

82

Dec

100

Aug
Jun

38% Oct
102% Aug

45

Jun

3

40% Apr 29

4% May 19
9% Nov 28

23% Sep

No par

10

—.50

108%

7

May 19
16

29

May 20

49% Jun

19

»

4

21

14%

Sep

68

8

13%

Nov

20%

Feb

8

52

Dec

102%

56% Feb

13

49

Sep

14% Feb
56

May 15

30% Feb
Apr

Lehigh Portland Cement
25
Lehigh Valley RR
*—.50
Lehigh Valley Coal com
-No par
Non-.cumulative preferred
50

lo

44% Jan

19%

19%

*18%

20

*18%

20

*19%

6%

6%

*-6%

6%

*6%

47%

47%

47%

47%

47%

47%

47

47%

*11%

11%

11%

11%

11%

11%

11%

11%

1,900

20

-

6%

*6%

400

6%

50c non-cum 2nd

2,900

.

•

Lehman Corp

1,000-

Lehn

& Fink

96

Oct

30% Jun

31

4% May If

101

8% Feb

10% Nov

17%

Jan

34%

Sep

55%May

6%

Sep

2%

Oct

17% Jan
5% Jan

Jan

4
2
13
9^
7

1% May 19

3% Feb

11

25% Feb

~13

9% Feb

11

6%

Oct

15%. Apr

_>—-1

38% May 19

50% Fv.0

10

41%

Oct

65%

____5

11% Nov

24

6

21%

Oct

33

pfd_____.No par

(The)_l—
Prod

Corp

Sep
Apr

Apr

14% May 19
5% Jun 17

1st preferred—No par

$3 non-cum

Oct

82

.

200

Jan
May

49%

38

1,500
2,000

9%

Dec

37%
-

65% May

Sep

9
31

37%

2 Va

Oct

5%

3

Jan
Jan

5%

5%

Sep

43%

11%

Feb

14
44

37%

2

43

Sep
45% May
62% May

38

7

Dec

101

Nov

Feb

5%

5

Dec

33

59

37%

8

46

96

52% Oct

12% Feb

2 ',

26% Oct

5

16

Oct

9 % May 20

2%

108'/a

22

40

21% May 19

(James)

3.85%

20

30% Aug

13

Feb

95% July 14

25

60% Apr
May

55

20

& Sons Co com.:
3
cumulative preferred....100

Lees

800

40




Nov

Lehigh Coal & Navigation Co____10

*25

24.

Jan

21%

4,300

97

40

page

32%

13

10%

26

*95

*25

see

13

27% Feb

Jan

5

& Tire.

Sep

49 % Feb

16

No par

Bryant common
.4%% preferred

Lee Rubber

41

15

No par

Lane

2

Apr

No par

Co

(The)

Co

52 % Jan

39

34

Laclede Gas Light Co
4
La Consolid 6% pfd
75 Pesos Mex
Lambert

41% May 17

11

22% Jan

10

26

97

40

footnotes

&

(The)

Nov

10%

26

*25

*25

47%
12

2%

5'%

II)

2

28% Feb

10%

97

40

6%

*11%

2%

2%

19%

6%:

5%

5%

5

11%

500

26

10 %

*95

700

1,700

*95

26'%

26%

96

10%

9%

25%

(S

Kroger Co

100

*44

11%

prior preferred

51

23%

9%

1

37

*10%

25

(G R) Co common

No par
Koppers Co Inc common
10
Cumulative preferred 4% ser. ,100
Kresge (S S) Co
—10

48%

5

100

No par

Keystone Steel & Wire Co...No par
Kimberly-Clark Corp com...No par
4% .conv 2nd preferred
100

*23%

Jun

& Lt Co—

Power

3.8%

800

19%
*45%

Furniture

Kalamazoo Stove &

18

Jan

18% Nov

64
Apr
38% May

Jun
May

1,

Volume 166

THE

Number 4651

Nov. 24

t

S

share

per

*19%

19%

*56 %

56%

per

SALE

Nov. 26

Nov. 25

1

share

19

57

$

share
56

x55 %

per

18%

18%

18%

19%

56

per

54%

share

Friday

$ per share

Sales for

Nov. 28

t per share

18%

55%

54

54

9%

9%

9%

9%

9%

9 %

&%

*35%

36%

*35 %

36%

*35%

36%

90%

88

173%

*173

*43

44

83

88

89

174

173

174

*42

43%

44

*41

43%

89

YORK

17

46% May 21

89%

900

370

43%

100

•

10%

10%

10%

10%

11

10%

11

5,200

60

60

60 %

60

60 %

59%

60

1.400

31%

32%

31%

32%

x31 %

31%

31

31%

4,500

Lion

21%

21'A

20%

21

20 %

20%

20'A

20%

1,000

Liquid Carbonic

90

89

89

88

88

33

*88 %

90

*8.5

200

T

ink

Relt

Co

12%

13

12%

13

12%

12%

11%

12%

7,100

20

20% *

20

20%

20'A

20%

3%% preferred
Lockheed Aircraft Corp

20

20'A

7,200

Loew's

69

2.800

Lone Star Cement Corp
Long Bell Lumber A

23%

23%

20

*156%

68%

69%

68%

69 %

*23%

20

20%

158

*156%

23%

*23%

*

23%

23

23 %

20 %

20

20%

*156%

158

20%
*156%

158

68

*22%

.

20%

19%

158

24

24

41

40%

41%

40%

41

40%

41'A

~o%

2b %

26%

26%

25%

26

25%

23

41

136

*55%

40%
*134

56%

*98

99

23 '/a

41

-133

*98

>134

55%

34%

34%

*99 »A

100%

*99%

100
13

*12

12%

12%

19%

19%

Xl9%

12%

12%

'430

12%

500

9%

♦430

9%
11%

11%

*25%

27%

*25%

5%

5%

*15

15

34%

34'A

34%

1,900

Mecv

*99%

100 >/4

*99%

100 %

100

13

12%

12%

12%

12%

19%

18%

18%

19%

19%

12%

*12%

500

87/a

11%

11%

*430

9

13

*11%
*25

5%

*5%
21%
7 Va

15%

15 V8

14%

26%

25%

25%

102%

*100%

102 Va

14%

14%

1*

)5

5%

Day

19%

19%

1,300

55

23 %

91%

92

91

90%

90%

88%

88%

90

*88%
12%

91

*43%

45

111%

42%

42

12%

12%

*43%

23%

%

32%

32%

*175%

40%

40%
*90'/a

90

87'/2

87%

12%

12%

90 Va

891/4

88%

88%

90%

90 V2

-

1,800
40

89%

1.800

45

100

$3

*111%

113

*111%

113

*111-/8

113

30

#6

ist

1,800

37%

37%

37

37%

37

37

35%

36

28%

28%

28%

28%

28%

28%

28'/a

28 Va

*93

95

41

*26

27

*51%

*93

95

52

50%

33

33%

*95

98%

*95

*20

20%

20

23%

32%

24

21%

21%

92

92

*90

92

91

Wi91

60

41

1,100

27

600

40%

40 Va

40 Va

40'A

401/4

40%

26%

40%
*26

26'A

26 V4

26 Va

26%

*25%

51

49 Va

50 Va

33%

33

*95

98 %

20

4 9'A

49

331/2

98%

33'A

■

49

48

33%

x32 %

*95%

.

$4

21%

20'/a

20%

20 Va

19 Va

20

25

23%

23'/a

*23 'A

23%

23 Va

23'/a

400

21%

21%

21%

21%

21%

21%

1,000

94

94

*93

95

93 Va

93%

93 %

*93 Va

93%

*46

48

*46

48

*45%

47%

*45 Va

47

*45%

46

*24

24%

24'A

*23%

24 Va

1,100

19%

24%

24%

24

93

23%

19%

*19%

19%

19'/a

19%

19 Va

19'/a

*61%

63

*61%

63%

*61 Va

63 Va

*61 %

63 %

*61

*16%

16%

16

xl6

16

16'A

16'A

16

43%

43%

48%

15%

48%

*91

48%

*42%

49

*91

94

42%

102%

44%

*43

103%

42%

42%

*43
48

93%

103

.

103

93

AND

HIGH

Saturday
t

Monday

Tuesday

Nov. 22

Nov. 24

SALE

Nov. 25

per

43 Va

43'A
44

57

56%

$

per

16%

16%

43

42%
44

45

143

56%

57

58

98

98

97 Va

97'A

*96%

98

63 Va

63 Va

63%

*63

13%

13'A

13'/a

10%

*27

27%

10

*27

58 Va

57%

58%

58

*116%

117%

116%

116%

116

55 Va

55%

33%

33%

54%

55%

33%

33%

*66'/a

68

25'A

25 Va

14'A

14

14

27'/a

58'/a
116

54%

55

33%

34'A

*68

25'A

10 Va

*25 %

14

100

3.207c

14%

14%

*37%

37%

9%

9%

9%

27

57%

58

55%

115%

116

113%

53%

33%

54%
34%

52%

32%

4

27

57'A
115

4,500
100

■

1,200

,</
1

100

Moline

77c

$3.25

10

25 Va

*25'/a

25%

*25 Va

25%

200

14 Va

xl3%

13%

13%

13%

1,400

$2.50

No pax

24%

24%

24%

23%

24%

700

Motor

Products

20%

21

21

21

21'A

600

Motor

Wheel

19 Va

19%

18%

19%

18%

19%

2,000

Mueller

25%

*24%

25

24%

25'/a

24'A

24%

3,000

37'A

37'A

*110 Va

111 'A

15 Va

13 Va

37'A

37 Va

37 Va

37%

lll'A

37

110'A

15%

*105

110V4

lll'A

*110 Va

15%

15%

*41

42

42

42

*55

57

*55

106i/2
13%
37%
112

*105
13 Va

37

$110'A

106%
13%
37%
112

800

1,900
220

15 Va

15%

15%

15%

15

15%

11,300

42%

43

43

*43

43%

300

*55

57

*06

57

*55

57

Feb

30%

Jun

75

Apr

106

Feb

103

25

Deo

70

May

112% May

100% Aug 25
97 % Mar 11

Nov

48% Jan 25

83% Feb 21
107% Feb
7
45% Oct

16

Feb

(i

1

30

44

102

69

Jan

56%

Jun

17% May 20

25% Feb

21

20

Nov

35%

Apr

23 % Nov

25

31 % Feb

8

22

Oct

36

Jun

16% May 19

23% Oct

28

18%

Sep

30%

Apr

105 % Feb

11

Sep

107%

Aug

Feb

5

43 Va

Oct

57'A Aug

25% Jan
24% Jan

7

20'A

Oct

26% Nov

16

5

55% May 17
13% May 20

50

103

18

Oct

35 Va

Jun

Feb

8

61

Nov

105'/a

Jun

19% Jan

28

18 Va

Deo

36%

73

6

t

54

Sep
Sep

3

97

Dec

102% Oct 30

47% Jan

30

111% Aug 18

39%
104

32% July

52'/a

Apr

77
May
110% July

Oct

61%

Jun

Nov

113%

Apr

$ per share

12% May 19

10

33
Apr 30
29% May 19
136% Jun 18

3

com

100

1

com

10% May 19
6% May 19
47% May 27
97

Nov

17

51 % Apr 16
7
May 19

104

Jan

13

28% Mar 11

_No par

3% May 19

100

11% May 19
32% May 19

20
1.25
No par

5

com

A

No par

Co

Lines

Year 1946

Range Since January 1
Lowest
Highest

No par

Impl

&

Apr

108% Mar

Deo

3

vtc

A

48%

Sep
44
Sep
39% Nov

8

Apr

46'A May

Sep

23%

6

32

Range for Previous

No par

$ per

Lowest

share

Oct

18%

21

31%

Feb

45% May

24

32

Nov

62 %

6

140

156

Mar

5

Nov

14%

9%

Oct

26% Mar

66% Jan

7

Oct

68'A

114% Feb 25
68

Sep 29

45

105 %

Apr

8%

Oct

8

Oct

14

100

56% Oct

20

28

Feb

3

123

8

Dec

40%

14% Oct

5'A

Sep
Sep

Dec

Apr

119% July
60

Deo

18% May
129

Mar

44

May

Oct

17% Jan

7

19

Oct

52

Jan

2

42

Dec

70

Apr

137/a Feb

14

11%

Dec

23% July

23% Sep
8
49% May 17
110% May 16

Feb

17

28 %

Dec

63% Feb

3

43'A

128% Feb

4

111%

Sep
Sep

135%

64% Feb

8

57%

Deo

104 V4 May

34% Oct

11

20

Nov

30"%

Apr

50%

Sep

62

Jan

27% Oct 20

15%

Oct

34% Jan

27% Feb

19

Oct

36

14%

Sep

22%

Oct

109%

49

May 19

25% Feb

32

67

24

May 16

26% July

9% May 19

14% Nov

45

64

Apr
Deo

Jun

1
3

17

Jan

3

May 19

No par

103% May 26

5

10

1

35

May 29
Apr 14

100

108

Mar 26

10
50

(F E) & Bros

July

10%

51 % Jan

1

com

173

12
24

May 19

8

19% May 19
17% May 19
14% May 19

preferred

Oct

Feb

Jan

14% Feb

20%

1

preferred

10%

15% Nov

52% May 19

No par
5

,

Highest
fper share

Oct

18% Mar
48

10

No par

Corp

$ per share

45 % Nov

50

com

Co

Murray Corp of America
Myers

204% Nov

10

STOCK

Corp

Brass

4%%

38% May

Jan

65% Jan

Munsingwear Inc_____
Murphy Co (GC) common

47c

Sep

45%

45% NOV

5

Mfg Co class B
preferred

$7

_

42%

56 %

8

47 % Jan

Mullins

13%

24%
195

23

103% Mar

3

20%

106%

Sep

94
Nov 14
35% May 21

Inc

*24%

xl3%

48

pfd_10Q

3.907c

preferred
(John) & Co

Motorola

Sep
Sep
Oct

41
Mar 21
43% May 19

1

No par

cum

Morrell

112% Mar

12%

20

May 20,
May 19

1

com

Montgomery .Ward

_•

19'A

*105

Jan

49% Feb

Jan

Jun

100

Moore-McCormack

67

21

14%

190

56% Feb

44

50

Tool

6,600

*65

25

106%

23

105% Feb

20

3%

Co

series

9,100

68

21

14%

6

24% Oct

34

30% May 19
98
Nov 10

88% Jun 23

Inc

33'A

*66

24%

*105

28

1

Inc

Chemical Co

*19

14%

18

No par

preferred

19%
106 Va

Jan

31

May 17
46 % May
9

10

21%

14%

Mar 14

5

com

RR

25%

*105

1109

122

Nov

35

24

No par

53%

69

Apr

9

111% July

102% Deo

91

50

M

Machine

Monsanto

Jan

57%

Apr

preferred series A

Monarch

Feb

20%

30%

May

6

May 26

1

Co

Mojud Hosiery Co

1,400

H%

43

Mohawk Carpet Mills

6,700

Jan

Deo

11%. Oct
Nov

1

Sep

17

8% Feb

8

3'/a

~7%

5% Nov 20
27% Feb

71

Corp

*21 '/a

24%

46% May

Oct

com

$6.50 preferred

*24%

25 Va

Nov

Sep

Nov

42

No par

Power

*19

24%

26

25

pfd series A

conv

37%

27%

4

42

86

100

Inc

Regul

*36%
*27

Jan

32% Feb

8

24

Minn-Honeywell

14 %

%

26%

35% May 19

pfd

14%
x9

Oct

Jun

common

SS

Mo-Kan-Texas

37 Va

*10

27%

Apr

12 %

Mar

2,200

57

1st

&

Mission

*36 Va

10%

*27

57

P

7,500

37'A

37 Va

*10

16%

18

13

May 17

Aug

Oct

15% Nov

5

626

620
8%

34% Feb

Nov

Jun

2

118

No par

cum

St

6,500

14%

1
17

Jun

Jun

No par

87c

47%

14%

18% Aug
12'A Jan
14% Feb

455

111

Minn

3%

15%

Nov

30% May
17% Sep

4

Minneap & St Louis Ry

46%

14%

*17%

16 V4

Jan

110

4'/a

15 Va

Apr

Sep
Sep
13% Dec

12%

1
6

Jan

113

1,500

48'A

15%

111%

108% Mar 20

1,200

9%

110

4Va

Oct

May

15

118'/a

46 Va

106%

41% Jan
111

May

65

142

118%

4 Va

49

141

Minn

4 Va

48

65

ivray 19

No par

Minn Min & Mfg

4'A

49%

Day

1,300

4VB

*q

5

6.000

49

Nov

17

Petroleum

13%

4'A

7

37%

22% May 19

100

Steel Prod

63%

122

76%

97

Miami Copper

13 Va

51%

*25

Midland

56%

*119

17

May 17
9% May 19
24% Sep
4

Jun

160

Oct

Sep

preferred

Mid-Continent

1,600

9%

121

Jun

42% May

Sep
Deo

38%

Oct

Par

3,500

14%

120

32
140

Mar 28

60

Deo

Shares

43%

9 %

13

22

Apr 21
Oct 21

Nov

41

152

9'A

Co

YORK

43

15 Va

Jan

45%

EXCHANGE

43%

142%

x63 Va

NEW

1,800

9%

13%

17

_1

Edison

43

Thanksgiving

30%

93%

Mesta Machine Co___

16%

*14%

64

Sep

3

Co

Transp

16%

142 Va

4%

*14

$ per share

9'A

50 Va

68

$ per share

14%

122

14

STOCKS

9 Va

122

Nov

1

preferred

Metropolitan

Sales for

14%

13%

13%

30

Feb

July

108

4

Co

Inc

cum

the Week

57%

64

500

Friday

43

44

122%

*67

42%
103

Nov. 28

Thursday

16%

42

13%

*58

101 %

99

98

37 Va

share

44

121%

*36%

*

9%

*56%

64

*16'/a

share

143

15

9'A
,

per

Min

Co

Nov. 27

Nov. 26

45'A

14%

99%

64

43'A

S

&
&

$3.50

PRICES

Wednesday

143'A

44

9%

*98%

167/a

143'A

15

9 %

share

43

45

143%

15

per

16%

17

*16%

*142

t

share

Merch
Merck

42%

42%
103

1011/2

100

1,500

93%

Deo

Jan

No par

1st

49 Va

*90

®7

101% Aug 22
26% Oct 14

No par

Stores

44 Va

49 VA

93 Va

*42%
*

Mercantile

Co

Jan

72%

43% May

14 % Nov

Corp
(The) common

conv

32%

Oct

50

preferred

Mengel
57o

Sep

Jan

Aug

7% May 19
Jun
6

No par

preferred

1,300

16'A

24%

Jun

31%
197

Nov

39% May 19
90% Nov
6
89% Nov 26

Melville Shoe

3,100

19%

Deo

45%

175% Nov 20

No par

common

2,500

62

Nov

166

20%

j.5

No par

Stores

2nd

35

X20

2

Norris Mfg Co

4 % %.

4%

Oct

Jan

20

No par

Robbins

*43 Va

48 Va

*90

42%
103

19 Va

441/2

48 Va

481/2

42%
*101 Va

LOW

*43V4

441/2

Va

*90

70

23%

May

7

26% Nov

1947 series__No par

Pub

&

Corp

94

17%

35% Nov 20

Porcupine Mines

McLellan

Apr

Jan

14

63% Jan

common

Electric

Mc-Quay
Mead

41

Feb

18% July 23
24% May 27

_1

preferred

.

45%

29% Oct

63

14% May 19
39% May 17

•

McKesson

Aug

Dec

NOV

64

29% Jan 31

No par

com

pfd

McGraw-Hill

Mclntyre

20

120

18%

25%

21% Jan
3
172
Jan 29

21% Mar

14

No par

Corp

McGraw

Dec

99

13

15% Feb

100

No par

McCrory Stores Corp com
3%% coriv preferred

4,600

98

21%

*23'/a

McCall

Feb

27

16% Apr 14
11% Nov 20

1

common

cum

1,700

33'A

98 V2

*95

500

109 % Feb
4
20
Feb 20

3% Jan 14

Co

preferred

28%

4~3~% Ja"n

_•

*43%

39

Nov

11% May 19

100

pfd

11 %

43 Va

111%

*40%

cum

12 Va

43V2

111%

*28

$3.40

*11%

45

113

38

Stores

Mavtag Co

100

19% May 28
6% May 20

jqO.

Co

$3.75 cum pfd

40

11%

23%

9

100

Electric

Dept

26

6

No par

$3.75 preferred

330

87'/a

*86

preferred
(Glenn L)

*43%

45

pfd

preferred

May

Mar 12
Nov

1

com

Master

7%

31

41% May 19
30%May 19

455

-.5

Mathieson Alkali Wks

20

•

92

89%

Co

&

1,000

40%

40

Field

2,200

178%

92%

90

24'A

341/e
1TR l/2

41'A

*90%

23 Va

33 Va

175Va

34'A

41

12%

23 Va

23'A
175

800

Jan

13% May 17

1

Martin-Parry Corp
Masonite ,Corp__

55'A

34

1

urioj.

54'/a

55

175'/a

p%

Martin.

20

24

p,,

97

6.25

7,000

55'A

42%
90%

est

Marshall

7

May 14
17% May 19

50

Corp

14%

20 Va

34%

No par
10

Exploration

14'A

54%

178%

100

Corp

Midland

T\f„rw

14'A

20

*42%
90 %

Oil

Marathon

3,200

23% Nov

34

5

14%

20%

24

Maracaibo
Marine

000
-

8

40

134

No par

No par

1,400

25'A

Aug

17% Apr 16
156% Nov 14

10

com

Bros

4%%

55%

34%

100

Magnavox Co (The)
Mahoning Coal RR Co
Manati Sugar Co

40

25

1

Inc com^____No par

102 Va

19%

*175%

Co

7,000

■

Feb

30 % Jan

24

,__100

102 Va

*54%

35

5,300

'/a
%

6~6

28 % Oct

A

Inc__i

101%

55%
24%

1
**

IS*

Forbes

25'A

20%

178%

5%
21'A

t

Oct

12% May 19

Manhattan Shirt

21'A

Apr

43

5

com

4% % pfd series A
Madison Square Garden
Magma Copper

Mandel

12

65%

60% July 14
33,% Nov 10

14

79% Feb

10

102 %

*54%

175%

27

series

25 Va
*

*20

*24

500

1R H)

"

14%
20%

*34%

11%

71/4

15%

2,300

*25

21%

7'A

9%

5%

21 %

7»/a

1,100

500

11%

27

5%

500

8%

12

27

12%

*430

8%

11%

*25

12%

500

8%

300
-

Nov

10% May 17

37% Dec

Aug 29

12% Oct

58 % May 19

preferred

34%

*21 '/a

15 %

6%

x84

,

M

MacAndrews &

■4-/4

7%

25%

10

Mack Trucks

5%

*101

400

2.200

12%
*430

& Sons Inc

< j

39

136

*78%
*134

53%

21%

26%

1,300

47
Apr 14
24% Aug 25
19% May 17

X48

No par
10

common

4%.% cum pfd
Lukens Steel Co

52

5%

101%

22%

13

No par

Lo»jens»,Gin. <M)

98%

Nov

33% May 27
10% Oct
6

19

3,800

54%

%

27

134

7%

26%

1

2,401)

22%

40

134

21%

101%

210% Mar

23%

53%

*18%

12%

*39

15%

7%

Deo

2UV8

*98

23%

7%

21

20%

(P) Co

100

9%

*11%

183

May 19

No par

55%

100

500

9

39 %

%

19%

99

23

136

55

56%

*98

22%

39%

40%
136

34%

99

22%

23%

34%

191% July 25

41%

900

Jan
May

170

preferred
100
Louisville Gas & Electric A__No par
Louisville & Nashville
50

74

Apr

37%
102

20

<%/#»

15%

Oct

100

Inc

Lorillard

44% May
Jan

74%

Sep

7%

_

Oct

28"%

40%

25%

99

2,100

■

Nov

83

*23%

24

41

*22%

20%
158

*156%

O 4

"4.

*98

23%

300

Nov

10

Apr

2

No par

com

13

69

21%
43

3

11

40% Oct 28

No par

Corp

20%

69

8

10

25

96% Jan

No par

12%

69

Feb

59% Feb

29% Mar 15

No par

20

*68%

May 16

Highest
I per share

78

No par

Co

Oil

May 17

t per share

100

10%

59%

90

5

8

Lowest

25

com

Lily Tulip Cup Corp
Lima-Hamilton Corp

10%

21%

7

Preferred

59%

32%

$ per share

No par

174%

*41

$ per share

Libbey Owens Ford Glass
Libby McNeill & Libby
Life Savers Corp
Liggett & Myers Tobacco

500

'

43%

Highest

2,600

4.800

Year 1946

Lowest

No par

10%

*21%

Range Since January 1

;
Par

59%

*88 %

Range for Previous

STOCK

EXCHANGE

Lerner Stores Corp

9%

173%

NEW

2,300

35%

9%
35

89

174

89%
175

(2223)

Sfiaree

18%

35%

*89%

CHRONICLE

the Week

19 %

9%

173%

FINANCIAL

STOCKS

Thursday
Nov. 27

35%

.

&

PRICES

Wednesday

Tuesday

Monday

Nov. 22

HIGH

AND

LOW

Saturday

COMMERCIAL

No par

25

Oct

9

3

27% Oct 20
107 % Mar 14

15% Nov

13

40% Feb

10

112

May

Mar 28

Jan

29

102

13% Sep
32% Oct
108 %

Jun

Jun

Feb

27% Aug
49

May

114% Jan

9% May 17
37'A Jan
2

15% Nov

24

9%

Oct

44% Feb

13

33%

Nov

55%

Feb

50% Jun

56

29

50

Deo

70

Jun

10

Jan

22

Jan

N
18

18

17%

18

17%

17%

xl7'A

17%"

16%

17'A

*22

23

21%

22%

21%

22%

21%

21%

22

22

*26%

26%

26%

170

26%

26%

Nashville

26%

26%

26%

26%

400

National Acme Co

3,000

*10'A

10%

11

10'A

9%

9%

9%

10%

10%

10%

10%

10%

10%

10%

13%

1,700

National

12%

Automotive

13'A

13

13

12%

12%

32

32

1,000

National

32

32

31%

31%

600

32%

32%

32

32%

4,900

*31 Va

32%

*31%

32'A
174

26'A

*9%
9 Va

9'/a
14%

*For

172%

*25

41%

14%

32%

172%

10

41%

32'A

footnotes

9%

32'/a
*170

10'/a

32%
177

9%

*172'A

177

26'A

*25'A

26'A

25'A

25'A

9%

9%

9%

9%

9 Va

9 Va

40%

40%

9

9 Va

x8%

14%

14%
see

40

14%

page




24.

40'A
9

14%

*40

8%
14

175

175

300

National Airlines

77c

Biscuit Co

8%

9%

4,300

National

Can

40%

39%

40'A

Cash! Register

8%

8%

14'/a

13%

9

14'A

Bond

1,000

National

4,800

Nat

8,100

National

& Share

Oct

25%

Jan

13

23

Oct

62%

Jan

30

6

27

Sep

14%

Nov

41% May
34% Jan

9% Nov 26

Inc—1

14

4
10

9% May 19
10% May 19
24
Jan 13
27

Jan

13

170

Nov

7

No par

Corp

10

Corp

No par

1

City Lines Inc
Container

7

29% Feb

May 19

100

preferred

100

Nat

19% Feb

May 24

5

common

25%

*25

May 19

19

1

Fibres

Corp
National Battery Co
National

14
21

5
Louis

Aviation

32

*13

171

St

100
1

Corp

Chatt &

10%

13%

*25 Va

Nash-Kelvinator

10'A

11

*13

32'A

*26 Va

9,900

Co

:

1

Jan

16% Jan

6

13

10

20% May

Feb

7

16% Feb

21

13%

Dec

28%

Jan

Oct

20

20%

Oct

34%

Apr

34% Feb

15

25%

Oct

33

180

Sep

37% May

Jun

27

21% Jun 10
8% May 19

26% Feb

13

22%

Oct

205'A
32%

13% Feb

7

9%

Nov

21%

Feb

May 19

42 y2 Nov

8

31

Nov

45%

Jan

8% Jun 16

14% Jan

7

13

Oct

24% Aug

15% Oct

15

33

13% Aug

4

187

Nov

Apr
Apr

20

COMMERCIAL

THE

(2224)

NEW
AND

LOW

Saturday

Monday

Nov. 22

1 per share

Nov. 24

$

HIGH

Tuesday

SALE

t

share

Nov. 26

$

STOCKS

Thursday
Nov. 21

Friday
Nov. 28

1 per share

Range for Previous

share

per

share

141/8

14%

14 Va

14'/4

141/4

141/8

14 Va

2,100

28 %

28%

28 Va

281/4

28

281/4

27%

28

21%

28'/a

4,700

Cylinder Gas Co
National
Dairy Products

17'/a*

17%

17 'A

17%

17 Va

17%

17

17

161/2

17

1,600

National Dept

21 %

21 Ve

21

21%

20%

21'A

20%

21

20%

20%

43

41%

42'/4

42

42

*42

*41%

*41

43%

*20%

20%

20%

20%

201/s

203/4

201/4

*101%

102%

101%

101%

*101%

102%

*101%

34%

35%

35V4

35%

*174%

177%

175 >/4

175V4

143

141%

143

35

35

35

34%

*174%

176%

*174%

176%

*142

144

*143»/4

145

*7%

143

8

1

7%

7%

18

18

181/8

18%

1

93%
27

1

27

1 Va

18

1

93%

93%

7%

7%
18

93:»/4

x93

l'/a

201/4

*101%

353/8
176

*141%

7%

17%

1

1 '%

2,200

20'A

2,000

103

353/4

91

263/4

263/4

263/4

26%

26%

953/4

95

95

95%

96

23%

23%

26 3/4,

26%

*95Vt

10

7.400

60

6%

953/4

*23%

24 V4

*

Nat

Mai

6,800

Natl

92

1,600

National

26 3/4

1,800

*231/4

24%

13%

133/a

13%

13%

13

131/4

700

Natl

*11%

11%

11%

11%

11%

11%

800

*18%

19

18%

183/4

18%

18%

18 5/a

18%

153/i

*15»/4
106

30

100%

*28%
100

12%
102

42

42 V4

26

*100

95%

24%

-

*15
*106

29%

15%
107

29%

29%

100

*99V4

101 %

13

12'/8

12%

102

*100

102

*15

*15

15'/4

*106

107

*106

29%

29%

29%
100

100

113/4

*99V4

12

11 1/2

100%

100%

29%

*100

101

11%
102

10

400

120

8,300
20

10

New Jersey

Pr & Lt Co 4%

411/4

2.100

Newmont

25'/4

25%

1,700

*93

95%

*93

20

25 Ve

4,700

24%

24%

25'/a

25

25V4

40

38%

38%

39%

40

133/a

13%

13 y4

133/e

13

131/4

13

13%

12%

12%

25,700

37%

37%

37

37%

37

37%

371/4

37%

36a4

37%

11,700

N

*121

1221/4

119

120

600

15 5/a

151/2

155%

900

N

20

20

200

New

123

122 3/4

121%

121%

*120%

15%

15%

15%

15%

15%

15%

*20%

21

19'/a

19V8

*19%

20'/4

*19%

20

*50

55

*48

54

*50

55

*48

54%

*220

240

*210

240

*210

240

*215

15%

*48

".6%

«Gl'o

96

95%

96%

*13/2

W

13%

133/a

16 Va

16

16%

I6V4

240

*215

16 Ve

15%

15%

N

240

153/4

96%

96%

95»/2

97

530

13%

333/g

13 »/4

131/4

13%

1334

500

N Y

93

*223%

24

*35%

92

35%

*23'/2
35'/8

92

*91

24

93

*92

93%

233/8

*34

93

23%

23%

*23

24

500

34%

23%

35»/8

93

34V2

34%

*34%

36

300

80

583/4

*26%
253%

58

27

*26%

27

26

BV*

57%

X191/4

193/4

18%

8%

8 »/8

8 1/4

90

88 i/s

88Va

*871/4

8

83/a

57'/4

57%
27

*26%

19

*87%

90

*27%

28%

273/a

28%

273/8

21%

193%

19%

19%

19%

193/8

19 5/B

*87%

57'/4

2,200

Elec

&

American

2,800

Gas

93%

13%

92%

93%

93

93%

93%

93%

93%

93%

400

100

100

12 3/8

6,600

22%

22%

221/4

22%

2IV2

22'%

2.200

38V4

38%

37%

37%

*371/8

38%

290

Northwestern

Telegraph
&

*32

33

*31%

104

105

7

*6%

7

13%

*13%

13%

33

*?2

33

Northwest Airlines

Inc

200

Norwalk

Tire

300

Norwich

Pharmacal

3?

32 3/8

200

Ohio Edison Co

*104

13%

104%

*13»/2

7

common

cumulative preferred—".

13%

*6%

7

6%
13%

110% May

106

Deo

113

Oct

50

Apr

Sep
Oct

45

Jun

13

98

10

108% Jan

-

35% May 20
24% May 71

43% Nov

21

30%

32% Feb

7

27

95%

28
9

Apr 19
May 23

230

Nov

24

Oct

109% Jun

102

Feb

3

26

Oct

20

18% Nov

34%

Apr

46% Feb

10

36%

Oct

69%

13%

Oct

35%

Jan
Jan

26

Sep

61 % May

22% Feb

38% Nov
124

Jun

135

79

Sep

20% Feb

16 %

Deo

37 Va

26

Aug

21%

Oct

41% May

62% Jan

53%

Oct

76

Mav

Jun

325

Feb

Deo

113% Mar

Nov

21

15 % Nov

28

95

17

107

10% May 21

16

290

Sep

Feb

20

25% Sep

Feb

17

Nov

Mar

1

Sep 23

25% Oct

275

102
11%

Nov

28%

41%

Sep

72% May

23%

Oct

Feb

20

2

53% Jan

16

56'/a Nov 28

64% Nov

5

26 % Nov

17

30% Sep

17% Nov

28

33% Jan

1

6% May 16

10% Feb

17

No par

13%

13%

43% May

Nov

106

28

r<%Jun

22
Sep
109% Aug

103%

6

11% Nov

92% Nov

Dec

Mar 11

98% Nov
Nov

Deo
Nov

13

20

new

pfd $3.60 series

37%

*6%

16%
104

25%

23% Nov

100

23

7

Apr

92

34

Oct

100% Aug 19

—

87% Sep
x26

Nov

8
28

13 % May 19

17

39%

Jan

Apr

16%

9% Deo
111

117

Feb

May

115% Jan 11
30% Nov
8
22% Feb

V

89

Nov

6

102% Feb

17

11

Aug 20

22% Apr
25% Oct

2

45% Jan

2

13% Feb

11

18% Feb

6

16% Oct

36

Jan

(Minn)—

13

14

38

106 % Mar

13

Feb

25

Northern Pacific Ry

37%

*6 3/4

10

July 25

24

50

22%

*13%

18% Feb
107

Nov

Northern Central Ry Co
Northern Natural Gas Co

4.6%

Nov

38

80

l

13%

12

Dec

89

10

233/s

125/8

25%

4

6

100

com

new

38%

121/4

28% Nov

32% May 19
12
May 17
18% May 19

Co

*23

13

1

Aviation

*37%

12 3/s

10

Sep

Sep

July

13% May 29
105
Feb 13

common

Cum

28% Jan

Sep

Corp—

Northern States Pwr Co
*92 >/4

75

Feb

2%
101 Va

1% Aug

20

25

American

9,100

2

Nov

Feb

A

Adjustment preferred

19%

41%

Western Ry—

&

North

26%

Apr
10% Aug

Oct

Jan

Noblitt-Sparks Industries new__2.50
Nopco Chemical Co
4

North

18%

Nov

15

$3.75 cumulative preferred

9,500

x26

6%

20%

32%

pfd__100
Shipbldg Corp partic stock
1

12,600

19%

7
31

1% Jan

100

Apr

Oct

Power & Light 3.90%

Y State

83/8

27'/4

173

Hart RR Co—

series

18%

193/8

Oct

18%

No par

RR Co
&

5%

8'/4

27'/a

*149

17

53

17%

50

28

July

24% Feb

No par
50

*26'%

88

207

I8V2 May 19

100

preferred

non-cum

19

*871/4

Dec

42% May

May 19
11 % May 19

183/8

90

178

24 Va Ma?

19

*26%

81/4

40%

10

Jan

108 %

Sep

Oct

100

27

8

33 V*

Oct

Sep

1

common

57%

27

Oct

27

Nov

Nov

No par

New

16%
102 '%

8% Apr
Jan

Jun

2

35% Nov 26
190 % Sep
167
Jan

Jan

lOYa

13

No par

Dock

*571/4

56 V2

20% May 20

preferred series A

Norfolk

*58V4

Mar 18

York

Y New Hav

96%

*96

88

City Omnibus Corp

Y & Harlem

N Y

Feb

Jun

67%

15

25% Jan
107

31% Nov

14%

No par

Louis Co

St

Preferred

3,900

N
93

Y

28

32% Aug

21%

10

Brake

Air

Y Chic &

$5

5434
N

16%

York

6%

45% Oct

.

13

New York Central

*121%

Nov

24

Newport News Ship & Dry Dock

241/4

391/4

New

16

19%

10

Mining Corp

24%

900

Jan

6%

3

17% Feb

Newport Industries common
4%% preferred

92 3/4

19

Apr

34'/a

29% Jan

pfd—100

40 %

26

40

Nov

45%

Nov

1

411/4

25

141

Sep

15%

13% Jun

common

25%

923/4

31

11% Jan

4%% conv serial preferred—100
Newberry Co (J J) common__No par
3%% preferred
100
New England Elec System
20

41

*39

Oct

30

8

No par

Corp

41 1/4

Day

170

Aug

3

38

3

1

26%

Thanksgiving

6

23

Jan

20% Jan
23% Oct

25% May 20

No par

*26

95

Nov

Highest

t per share

Oct

28

Co

x40%

*90

99

,

$ per share
15

95

100

261/4

95%

30'% May 26
14% May 19

Lowest

21

i
Aug 19
74% May 26
21% May 17

No par

Co

40

*39

May 19

17% Feb

28

25

42%

*421/4

May 16
May 19
May 19

16% May 20

Ref Co
Pa—

Neisner Bros Inc

15%
107

13 '/4
27'%
14%
17%

No par

Corp

Vulcanized Fibre

Nehi

J per share

No par

26

26

*93

153/4
106

2,200"

Corp

Co

ex-dist

Co

Tea

Natomas

__

*100

National

243/a

133/a

11%

107

100

200

100
100
1

Supply (The)
preferred

133/a

*231/4

10

4%%

18%

15 %

*29%

233/4

Steel

National Sugar

70

*11%

13%

18%
*106

23%

96

Cast
Lt

&

1
No par

A
B_

Stl

&

Power

No par

common

Service

Linen

National

2,800

12

13 V4

*11%

*

*95

Co

preferred
preferred

1,900

Natl

*95'%

Lead

National

143

l'/a

No par

&

Enam

7%

7 '/a

No par
5

Stamping
National Gypsum Co com
$4.50 conv preferred
Nat

270

18

1

Stores
National Distillers Prod

176

1

92%

92%

43

7%

18 »/4

7%
18

93

19%

102

12.500

National

Highest

$ per share

Par

Shares

per

Sper share

Year 1946

Lowest

EXCHANGE

14Va

per

Range Since January I

STOCK

NEW YORK

Sales for
the Week

14V»

*14

Monday, December 1, 1947

RECORD

STOCK

PRICES

Wednesday

Nov. 25

YORK

CHRONICLE

& FINANCIAL

10

25
50

Rubber.

No par

Co

2.5o

19% Aug 20
Jun 12
6% May 16
12% Oct
2

33

96%

Deo

104%

Nov

18% Nov

56%

JaD

6
44

Oct

9

Nov

19% May

Deo

25

16%

55% Jan
May

O

27 »/8

*19'/4

*104

271/a
19%

253/8
101

27

*19Va

253/8

243/4

101

10%
1001/8
*193/4

201/a

31

149

100

105

104%

271/4
19%

104%
27

26%

*19'/s

193/4

*32

32%
105

104

70

*19

27

26 V2

27

19%

26%

19'%

19%

100

25%

241/4

24%

24V4

245/8

100%

IOOV4

IOOV4

99%

99%

24

*98'%

12,300

24'%

2,400

99%

410

103%

1,400

4.40%

Ohio

Oliver

Corp

4% %

18

108%

Jun

27% Nov

6

19%

Feb

29% July

21

Sep

22% Jun

6

86
May 7
15% Sep 30

118

No par

Oklohoma Gas

4%

Elec

&

pfd

20

No par

common

convertible

preferred
(The) common

100

10%

10 Va

10%

lO'/s

10%

IOOVb

100%

100%

100%

100%

20

20%

20 >/4

201/4

20'/4

201/4

*20 »/4

203%

1,200

Oppenheim Collins

A..100
lo

31

30%

31

30 »/4

311/8

30

301/4

30%

30%

3,200

Otis

No par

152

150%

*150%

151%

*20 5/8

150%

21

73

22

*21

90

*84 5/»

*21

*84%

90

*86

73

72

73

73

LOW

10 Va

*100

90

AND

*86

HIGH

71

SALE

153

100

21

21

100

*86

90

68

70

713/4

Monday

Tuesday

Wednesday

Nov. 24

Nov. 25

Nov. 26

per

share

I

per

share

Omnibus

Elevator

6%

f per

preferred!

100
&

Mfg

2.50

Co

No par

Owens-Illinois

Glass Co

12.50

31% Apr
103% Oct
21
Apr
19
Nov
17% May

24
149V*
19%
84
68

19

38

22

July 23

Thursday

NEW

Sales tor

Friday
Nov. 28

f per share

I per share

the Week

YORK

112

15

18 %

Nov

36

Jun

Feb

17

99 %

Oct

*119%

Jan

13% Feb

4

10 %

NOV

17%

JaD

Feb

9

X113

Sep

28% Feb

18

25

Deo

51% May

19

33% Feb

18

26

Oct

39%

158

Sep

May
Oct
May
Aug

24

163% Jan

18

15
28

28 % Feb

8

93

Jan

4

Nov

28

80

July 25

19%

Deo

86%

Oct

69% Nov

120

35

Lowest

Lowest

Shares

Par

Highest

J per

J per share

share

Feb
Jun

111% May
100

Apr
*

Year 1946

Range Since January 1

STOCK

Feb

180% May

Range for Previous

EXCHANGE

Jan

26% Oct
107

STOCKS

Nov. 27

share

preferred

common

Outboard Marine

Outlet

1,900

Corp

convertible

8%

PRICES

Nov. 22
t

120

*149

150%

Saturday
t per share

102

90

*21

72%

*10'/a
*100%

22

1501/2

22

10 '/4

102

37% Nov

9

111% Feb

100

Co

30% Bap

Jan

3
14
12
17
97
Jun 11
7% May 7

8

common

preferred

Oil

I per share

Highest
I per share

P
*14%

15

15

15

15V4

15 %

15%

13

13

*12

14

*13

14

14

14

*13

14

*65

69

*65

69

*75

69

69

*68

68%

39

*37

39

"21

*37

143/4

*65'%

1534

15%

700

20

Pacific Amer Fisheries Inc
Pacific Coast

Co

S
10

common—

Jan

3

46% Oct

17

24

Dec

48

3

36%

Oct

473/4 Jun

No par

43% Jan
62% Jan

18

26

11

64%

Sep

67 Va

No par

25% May 19

39% Feb

19

129% Jan

2

28% Oct
122% Oct

8

164

Deo

5

Oct

35

35'%

7,000

SO3/,

50%

50%

800

Pacific

*38

383/4

38 %

38%

33

38%

*37%

38%

34'%

34%

700

Pacific

Mills

94%

94%

94%

94

94

93%

93%

93'/4

93%

300

Pacific

Telep & Teleg common—100

143%

4%

145%

144%

143%

20

43%

4'%

4%

4'%

4'%

2,900

52%

52%

523/4

5°3/4

52 34

3,500

5

4:%

4%

4%

4%

18,100

Packard

9'%

8%

9'%

8%

9

17,700

Pan

*15%

163/4

5

4%

9%

9%

9

9%

8%

16%

15%

53%

*101%

16%

53%

53%

*75

80

*103

105

223/4

101

6%

76%
*103

22%

*43%

x53

101 %

6%

7%

5334

101%

102

*6'%

22%

44

*43%

145

41%
52%

4%

163/4

*143%

4%

5

*16

144%

Lighting

52%

4'%

52

6 5%

76%

105%

77%
'

103

16

53'%
102

65%

77%
105%

53

53%

*101

102%

6%

77%
103

6%
78
103

Day

*15i%
523/4
101

6%

77'%
103

16 3/4

53
102 %

63/4

79%
103

300

2,500
10

2,700
800
100

6%

preferred

100

Pacific Tin Consolidated Corp
Western Oil Corp
Motor

Pan-American

Petrol

&

Panhandle
Paraffine

4%

x22'%

22 %

22'%

22%

21%

223%

44%

*43'%

44'%

43

43'/4

*42%

43'%

300

23%

6,100

Park

3,500

Parke

Prod
Cos

Inc

convertible

2'/4

23/a

2'A

23%

2%

34%

35'/4

351/4

351/4

34%

35

*29%

30%

291/2

29%

*293/e

30%

29%

293%

300

7%

734

73/»

7%

8

8'%

8'%

1,000

Parmelee

9%

9%

95%

93/4

95%

9%4

9'/4

9%

2,100

Patino Mines & Enterprises

37%

375/8

*35

353/4

353/a

35%

35%

35'%

800

42 %

42 3/4

43

43'/4

43

43

43'/4

7%
10

373%

37¥4

43

43

6'%

6%

143%

143/4

18%

18% "v

*333%
*108%

6%
*14
18

35%
110

19%

*333^
*108%

193%

19%

6 5%

6%
I434

14

18

xl7%

35%

*33%
*

110

19%

108%
19'/4

8

Consolidated

43 %

2.100

Penney

63/,

6%

6%

2,200

Penn-Central

133/4

13%

13 3/4

800

17%

173,4

17%

17'%

173/4

2,100

35%
19 V4

16%

16%

16%

16%

16'%

16%

45%

45 %

45%

45%

45

45

33

*108%
1834

33%
110

19'%

*31

108%

33

Penn

Penn

5%

Airlines
Coke

&

Cement

Glass Sand

Corp

Corp
Co

Oct

20% Apr

37%

Jan

100

&

1

No par

No par
1
10
7

100
Light Co

183/4

15,900

16'%

16%

16

16%

34,100

Pennsylvania RR

X44 'A

44'%

44

44

114%

114%

No par

50

54

*523/4

5434

54

54

*53

55

*53

54%

200

89

90%

90%

90 V2

90

90

*89V4

91

*89 >/4

90

700

11%

*9%

11%

9S%

9%

81/2

9%

8%

8%

800

Peoria & Eastern Ry Co

25

25

25%

24%

25V4

24%

25'%

x23%

243/4

35,900

*31%

33

25

*32%
*105

33%
107

*31%
*105

33

32 »/4

107

*105

115%

32%
107

*32

33

*105

107

*10%

10%

10%

10%

103%

103%

10 3%

10%

*15%

16

*15%

15%

15%

155%

.15%

15%

*49%

50

49%

49%

48

49

!

47%

473%

x441/2

53%

53%

51%

*101%

101%

101%

*For

footnotes

see

443/4

46
53

52

101 %
page

24.




101%

46

48

45%

483%
46'%

523/4

52

52

101%

xlOO

100

113%

105

10'A

113%

105

340

500
30

IOV4

2,000

15%

800

47'%

4734

2,900

44%

45%

12,400

52

52%

660

OO

100

*15

*993/4

Pepsi-Cola Co
Pet Milk

4%%

Co

2nd

Petroleum

common

preferred

Corp of America

Pfeifler

Brewing Co
Pfizer (Chas) & Co Inc

100

33 %c

5% Jan

13

58% Jun

10

Nov

26

20% Sep

9

103

37

8

Sep

2«A May 17
34% M^y 7
28% May 20
7 Va Sep

24

Nov

12

Mar 24

9% Feb

7

79% Feb

IB

109

July

32% Jan
63% Jan

100

4%
56

Deo
Deo

Sep

Apr
Apr

14% Jan
90%

Apr

8

105 %

Oct

2

273/4

Oct

May
39% July

4

62

Not

82

4% Jan

6

3%

Sep

Jan

9

35%

Jan

34% Feb

21

26

14% Feb

11

43

66%
111

110

7%

Apr
Jan

Oct

48% May
35% Aug

12

Oct

22%

11%

Deo

24% Jan

Jun

48% Feb

11

40% Not

57%

6% July

15% Jan

4

12%

Deo

45% Jan

7

16% Oct 20

6%

Oct

16%

1
Apr 15
13% May 19
29
Sep 25
107% May 20
18% May 17
16

May 19
5
81% Jun
6

No par

May 1°

x23% Nov

1—100
5
1

28

47

23

No par

Nov

38
May 13
113% Nov 28

105

Corp.
25
Philadelphia Co 6% preferred—..50
preferred

109

No par

Phelps-Dodge
$6

55

24

38% Nov 20

54

*10%

115

13

32% Sep 11
383% May 27

115

116

40 V4 Jan
101 % Nov

July 18

5

Pennsylvania Salt Mfg Co com___l0
3%s series A preferred
100
Peoples Drug Stores Inc
5
Peoples G L & Coke (Chic)
100

*115

18

15% Mar 91

115

900

May 13

8% May 19

Corp com—No par

preferred
Power

Penn

18 %

Jan

13

13

No par

(J C) Co—

Coal

Penn-Dixie

200

no

27

2.50

Penick & Ford

6 5%

no

Feb

Deo

No par

Transportation

13%

63/4

Apr

12%

2Va

11%

Mines

Co

Parker Rust Proof Co

14

34%

Oct

21

il

2%
353/4

30

18% Nov

14% Feb

Park & Tilford Inc

2%

*9%

13

20

28

1

35%

&

Feb

83/4 Nov

Inc

2 3%

Davis

Feb

7

593A Oct

5%

common..No par

35%

Utah

168

13

preferred

Pictures

Paramount

28

3% May 16
213/4 Jan 10

73/4 Feb

r-100
Refining—1
1

&

143 % Nov

Jun

48
Apr
160% Jun
181% July
11% Feb

4

Panhandle East Pipe L com..No par

preferred

Aug 25

4% Sep

Transp—5

35%
*29%
*7%

lo

Airways Corp

2%
.

11

91

Mar

No par

Car

American

23

31,400

Corp

Pacific

4%

10%

34% Jun

35%

50%

*144

Sep 24

50% Nov

40

35'%

52%

43%

25% July
86% Mar

24

39%

35%

525%

54

Nov

16

25

40

35

5 4 3/8

146

Deo

49

No par

40

36%

54%

53%

12%

17

2nd preferred non-cum
Pacific Gas & Electric

39

35%

55%

*4%

1

Oct

Jan

36%

*144

Feb

80

50

36%

94'%

19% Jan

19

16

May 28

No par

preferred

*54%

40

Oct

9% May 19

10

non-cum

1st

28

May 13
Feb

5

24% Feb

27

36

Apr

16

117

Jan

29

22

Jan

6

17% Sep
28%
110

20%

Jun

Feb

303/4 Jan

Feb

373/4 Aug

Jan

115% July
27% Jan

Sep

9

25

Sep

47%

Feb

51% Jan

6

37%

Not

51%

Deo

118% Sen

2

26% Feb

55% Nov 21
101 Va Feb

13

Feb

3

22

34 % July 25

43

Jan

68

May

86 %

Nov

115

Apr

14

Oct

51% Jan

21%

Sep

40%

Jan

4

28%

108% Jun

2

105%

Sep
Sep

8%

34

Jan

43 % Mar
109

Mar

Deo

14%

Oct

8

13

62% Jan

2

35%

Apr
Jan

80

May

14
51% Nov 24

48 3/s Nov

21

29%

Sep

X48

*98 Va May 28

109% Aug

8% MBV 17

13% Jun
37

9

May 14

36% Apr

11% Ji»lv 2B
18

59

Mar 20

6

51 %
107

16%

Aor

Fab

Deo

76%

May
Jan

Dec

117%

Jan

Volume

166

THE

Number 4651

LOW

AND

SALE

HIGH

Saturday

Monday
Nov. 24

Nov. 25

f per thare
2

23 %

l/2

23%

?'»%

23'/a

1 per share

23%

x22%

27'ft

•27

27%

*27

x26%

Salei for

the Week

I pershare

I per thare

113

113

112'ft

113

113%

113'%

103

103

103

102 Va

102'%

102

102

14%

*14%

14%

35

14%

90

14%

35%

34%

14%
35%

x32 'ft

90

90

*88%

2<: 3»

2f'%

96%

96%

*95

*y0

26%

26%

26%

6,900

95%

95%

400

*90
*30

89%

90

90

55%

54%

54%

54'ft

54%

l'ft

1

15

14

94

1

1

I,'*
14

*90

30%

*13

35%

34%

34%

34'ft

101%

101%

101%

16%
93%

31%

31%

31

31%

25%

26

26%

26%

16

*92%

900

90

130

55%

1%
13%

STOCK

EXCHANGE
CLOSED

33%

33%
*101

16

16

16

93 %*

92

92%

55%

54%

1%.

ny*

16'ft

15%

357,300
:

34

—

14%,

93'ft

74.600

100

101

101

*95

*92

<■

15

*13

*33%

101 %

*95

*95

16%

33

*13

34%

101%

31%
*88%

liV

V.f

102 %

*92%

94

*90

30%

92%

54%

14%

*34%

*95

94

30

•88%

*101%
*90

Philco

20

27'ft

94

*92

.300
120

2,600

26

*165

168

♦165

169

37%

38'ft

37%

10

10'ft

x9%

9'%

9%

13

12'%

12%

*12%

*76%

78

13%

*76

15%

*140

155

15
*140

38%

37%

*126
90

to

78

77%

17%

17

*140

79

17%

17%

155

34

32 %

33

32%

33

11

10%

10%

10'%

10%

38%

3,700

9%

6,800

12%

800

_

88

88%

570

80

78%

80

250

19%

*140

•33

—

9%

90

78

—

20

12'ft

*

*126

89 %

*10%

*25%

33%

9%

*126

&)'%

155

39

—

17%

19%

10,300

25
100

15

15

15

13 '/a

14 3

4

13 Va

13%

13%

13%

2,700

"Regular

14%

13''a

14 "4

12%

13'/2

12%

13%

12%

13 'ft

9,200

Common

when

10 '»

10'2

10%

10 »/4

10Va

10%

10%

10'ft

10%

Pres&eu Steel

•35 "b

3,200

36

35 %

351/a

•34%

35%

200

•68 %

69

68%

69Va

69 Va

69%

69%

1,200

22%

22%

3,000

Publicker

14%

14

34 %

1,800

14 'ft

'

2,200

33 >2

33'/a

21 1/8

21

104

23'/»

23

90 Va

•90

33

331/2

33 V4

20

20 '/a

X20 %

8

va

103 %

102

102%

111

111%

111 1/4

11134

121

118'a

1191/4

118 »/4

135

135

134 '4

&

Poor

Co

116

113 1/4

55 "2

55%

55 Va

24V4

107 3 4

107

27'a

27

33'ft

1,600

Public

20'ft

8,200

Pub

130

340

134

134

133'/4

133',4

133

133

270

113

112

112

112%

120

53 "2

54%

53'ft

54

3,800

24 V4

24%

24%

24%

6,600

1071/4

27 Va

54

24%

1071/4

107%

107%

•27

103

•10734

28

27

27 V,

23

.

23

No par
Inc

of

Co

Corp of

5

com

No par
com

210

I

30

Sep

42% Feb

May
Mar

.

48%

Jan

10ytNov21

7%

Dec

14

Jan

14% Oct

9%

Oct

22%

Feb

140

15

Oct

1

103

Oct

93% Oct

11

59

Nov

84% Sep 18
19% Nov 26

200
Jan 23
38% Oct 28

141

Feb

96%

68'% Dec

92

12%

Jun

34%

Oct

May
Jan

200

Nov

13

Oct

31%

12%

Nov

22

30

19

Oct

29% Aug

35'/a Oct

27

20%

Sep

25

Oct

19% Oct

22

14%

Oct

27%

Feb

200

Nov
Jun

July

16

Feb

13

11%

Nov

43

Feb

17

38

Dec

63%

Feb

7j. 'ft Nov

3

53

Oct

71%

Apr

32% Jan

2

32

Nov

67

13

98%

Dec

31

Sep

17%

102% Feb

38% Jan

2

25'/a Feb

21

111

130

No par

preferred

100

600

Purity Bakeries Corp

No par

237/8

300

Quaker State Oil Refining Corp__10

conv

Nov

Feb

202

200

Nov 25

preferred

5%

July

2

30'% May 19

Pub Serv Elec & Gas pfd $5__No par
Pullman Inc
No par
Pure Oil (The) common
No par

500

197

Jan

20

27

27

Aug 22

203

No par

Colorado

N J

May 20
15% May 17

x90

127

118%

4

May 19

100

118%

241/4

34
57

preferred

118'/a

x53 3

50

8%

6%

169

Feb

14% Nov 21

May 17

117

670

30

106

15'ft Nov 21

25

a

100

111

26% May

Dec

12% Nov

1

com

7%

110%

*112

Inc

100

1113,
118 Va

Nov

13'ft Nov 26

21

preferred
preferred

111'A
118

Dec

17%

11% May 17

Sep

20
Nov 28
100'ft Nov 28
109
Nov 17

$5

102

89%

xl6%

26'ft Oct

dist

preferred

cum

Service

Feb

com

Co

Car

Feb

15%

21

10

Co

Sep

May

au

1

B

Pwr

Industries

Cerv

May 15

Mar 29
Nov

26% Feb

Apr 19
19% May 19

preerred series A

$4.75

570

107 'A

•27

33
20

101%

247 b

•107

90'/a

33 %
20-a

100 %

55 %

24'a

*90

•112

114

24'/2

91

class

Elec

4'%%

102%

134 Va

•114

*35

69%

23 Va

111 ''4

111 14

•119 %

38

69%

x90

33'/2
21 3

•35

103 Va

32

Dec

110
136

Oct

7%

j-tv, .)«n

Pond Creek Pocahontas

Potomac

21 %

102

36

Sep
Sep

102%
123

No par

Procter & Gamble

34%

14%

29%

19

22

Way"

8

10%

25

34%

Feb

10

15%

25

1

16% Oct 23

2

5

25

34%

171

Feb

38% Juiy24
108

23

17% May 19
165
Aug
1
163% Nov 17
32 y4 Apr 21
7
May 19
8Va May 19
114
Apr 22
59y4Mayl7
67
Jan 13
IOV2 May 19

Plymouth Oil Co

15

33 %

91
Sep
I8V4 Jan

--1

1,000

15%

23 «/4

May 16

25'ft

15

•103

10

106'% Aug

lft Nov 19
18

__

10

15%

24

Jan

17'ft May 16

*15%

92

41~

1

35

23'2

Dec

5

25 'ft

92

Jan

16%

Nov 24

Plough Inc

35

24

73%

Pittston Co

25

93

Feb

1,800

35

24

Nov

49

1,000

25 %

•92

Jan

89

63% July 14

10

25%

69%

36

Dec

32%

34%

'36

Oct

84

10

34 %

14 3

20%

—

preferred—No par

26

15

96% Dec

Juiyao

1

Pitts Coke & Chem Co com—No par

34'/2

'

Mar—5

Nov 28

12
Jun 10
30% Apr 28
101
Nov 28

No par

(The)

Jan
Jun

33

32

_

71
112

93

*140

_

Sep
Dec

101

21
17

10'%

155

33%
104%

Nov

33

10

Sep

18
25

Jan

155

*32%

Feu

Apr 29

50% Mar 15

Pitts Consolidation Coal Co

168

43% Jan

92

Pittsburgh Forgings Co
1
Pitts Ft Wayne & Chic Ry com—lOO
7% preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
No par
7% preferred class B
100
5% preferred class A
100
5'%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
Pittsburgh Young & Ash pld
100

165

109.

81

50

165

16% Oct

21

5

Louis RR

May 23

26% May 19
95% Nov 28

1,600

*145

91

Jan

102

3,200

168

90

Feb

47

Dec

30%

165

*126

19%

Dec

26'ft

*145

n

Oct

89

93%

*163'%

90 %

11%
20%

—

-

convertible

July
May

109% Aug 12
15

29%

165

*126

'

preferred

$5

34
122

98% Mar 1?

;_No par

Hosiery

C & St

5

Dec
Dec

35% Nov 24

100

Pillsbury Mills Inc common
$4

Nov

30% May

Sep

27%
116

10% May 19
Jan 16

*25'ft

168

*12%

Rights

29% Jan 21
120% Aug 12

I perthare

21

26%

*145

13

preferred

Phillips Petroleum—
Phoenix

24%

89

30%

*163%

10%

cumulative

.

Highest

J per share
2

3

Philip Morris & Co Ltd common—5
4% preferred
100
3.60 series preferred
100
Phillips Jones Corp com
No par
5%

$ per thare
27V4Jan

100

common

preferred series A

26

168

38%

1

Coal & Iron

Lowest

Nov 21

102

30%

165

13

22% Nov 28
25% Nov 28

30%

*163%
10

No par

112

Year 1946

Highest

t per share

26%

x30'/2

*145

38'ft

Corn

3%%

Pitts C

—

15'ft

Lowest

common

Phila & Reading

5,900

96'%

30%

lift

2,200

26%

89%

*14

14%
90

96%

*30

Range Since January 1

$1 preference common—.—No par
4.4% preferred
100
3.8% preferred
100

32%

*88

27

*90

Co

400

96%

30%

Electric

102'/a

26%

90

Phlla

100

96%

94

54%

1,800

27

*88'ft
.

14%

Range for Previous

STOCK

Par

114

96%

*2P'ft

YORK

EXCHANGE

14%

91

14%

NEW

31%

32%

90

*88%

8,100

25%

25%
114

*101%

35

35 %

*88 %

(2225)'

Sharet

23%

22%

26 3 4

113%

*102'ft

27'ft

CHRONICLE

STOCKS

Friday
Nov. 28

23%

*112

27%

FINANCIAL

Nov. 27

Thursday

Nov. 3(i

1 per share

1 per share

&

PRICES

Wednesday

Tuesday

Nov. 22

COMMERCIAL

May 28
Jan
2

110% Jun 24
5I'ftMayl9
21'ftMayl9
106'ft Oct
6
25

May 19

30

Feb

May
105% May
41
July

Oct

30%

Jun

5

103

Sep
Sep
114% Aug

115%

Jan

120'ftJulyl7

108

126

Jan

Aug

Aug 18

139% May

146'/2 July
114'ft Feb

9

119%

Jun

150

8

112

Nov

117%

Feb

61'/2 Feb

3

Sep

69%

Jan

28% July 25
109'ftJan 17
36y2 Feb

4

24'ft Nov

24

47%

19% Feb

Jan

28% May
115% Jun

107

Oct

30

Sep

38%

Feb

25% Aug

Feb

Q
23 'ft

24 Va

24'a

24 'A

23 7 b

•23

•23

v

20

Mar 14

19%

4V

R
10

10%

*70

70 %

70 %

70%

70

70

69 3

4

€9%

70

-/O

10%

1078

11

10%

10%

10 3

4

10%

10%

10%

96%

96 %

95%

95%

*95 %

96%

110

35 %

*33%

35'ft

100

29%

30%

7,100

36%

36%

1,400

17%

2,600

45'ft

100

10%
*96%

98 %

*34%

10

35%

30 3

*35

10%

10

9%

*95 %

35%

9%

98

35

35

*34

10

8

30%

30 %

30%

30%

3 l'ft

30%

30%

*36%

36%

36%

36%

36%

36%

36'%

36%

17'ft

17%

44 %

44 %

*44

35

*33%

35

12%

*13

13%

17%

17%

17%

17%

*43%

45 %

*43%

45'ft

*33%

35

*33%

35

*13%

13%

100

105

13%
*100

13%

*13%

13%

*33 %

13%

12%

105

*100

13%

*13%

15

*13%

25%

*24%

12%

*12

*12

12%

12

65

65

65

14%

14%

14'ft

14%

97 %

*96%

97%

32%

32%

*96

32%

AND

Tuesday

Nov. 24

Nov. 25

I per share

7%

4%

77a

I per share

7%

7%

7%

4%

4%

11%

*10%

11%

11

11

27'ft

27%

27%

27%

26%

27%

*10.9%

110 %

*109%

110%

109 'ft

20%

20%

20%
102

101%

7

6%
*25

6%

25%

*102

24%

104

103

4%

4%

21

20'ft

101%

*100'ft

7

4'ft

109'ft

20%
102

SALE

97 'ft

Wednesday
J per share
7%
4

108;%

102%

108%
20'ft

3,400

101'ft

6%
26
104 'ft

*94%

10%

96

27%

27%

*26 %

27'ft

26

26

*25%

26%

*6%

6%

6 %

6'ft

*6

•

EXCHANGE
CLOSED

6%

6%

16,700

25%

25 Va

2,700

*102

105

230

10

10%

300

40

40'ft

5,100

49%
*94'ft

21%
15%
*26

49%

170

*6

6'ft

800

20'/a

4,200

22%

22%

300

64

65%

1,400

18

18%

900

42 '/a

43

1,400

St

7%

8

7,300

29%

30

2,400

10%

10%

10%

10'ft

10%

91

90%

90%

91

91

8

8

10

*90%

21

21%

21

21%

21

*111

112%

111

111'ft

*111

29%

10%
91

9%

10%

13,400

90%

90%

70

4,600

21%

20%

20%

112%

9%

9%

9%

9%

U21/4

9 'ft

112 Va

9'ft

9'ft

40

35'a

35%

34%

35%

33%

9%

34%

9'%

33%

34%

3,000

44

44'ft

44'/a

X43%

43%

96%

96%

*96

96%

96%

*96

96%

.'*96

'

*96

13%
*93

96%

*96

96%

96%

*96

96%

13%

14

*93

94

*96

14

13%

94

*93

47

14%

14%

14%

14%

47

47%

47'ft

46%

18 5 8

•:14 'ft

19%

*18%

14
94

14%
47

43%

13%
*93

43%

13%
94

33

34

43V2

431/2

96%

96%

•96

13'/a
•93

14,100
500
70

96%

13%

38'ft

38%

37%

38 Va

5%

37%

37%

5%

600

37%

38

11%

11%

HVa
7%

11%

37'/4

11%

11%
7%
11%

37%

11%

11%

15,500

IIV2

12

29%

29%

•29%

29%

29

29%

28%

35%

35%

*35%

36

•

35




.,35%
a.sre

1

.

24.

?

35%

7%

11%

2

26%

Dec

45 V*

14'%

Nov

74

Dec

101

Apr

105%

27% May

May

Aug 11
Jan

2

100

Oct

33% Oct

15

20

Oct

Apr
34% July

Year 1946

f per share

4% May 19

Lowest

Nov

7

Dec

17%

Oct

21%

Feb

Oct

40%

Feb

7

17

8% Feb

3

18

15% Feb

4

13%

22% May 19
109'% Nov 25

30% Feb

21

24 Vb

113% May 28
24% Feb 16

107'%

14

May 19

99% Nov 13
6% Nov 26

Apr

7

18

97

24%

Oct

118

Sep
Sep

110'/a

Apr
Feb

Apr

31% May
Jan

11% Feb

8

9%

Oct

18% May

9

39

Jan

2

24%

45%

May 27
May 19

124

Jan

28

105'ft

Sep
Sep

19% Jun
90
9

110

# perthare

7%

9% Jan

Nov

10% Nov

4

Highest

S per share

May 29

16% Feb

12%

36%

136

Nov

44% Feb

Sep;

,

i,

Jan
Jan

28% Feb
46% Jun

50

Feb

43

Feb

104

Feb

100

Nov

25% Feb

19

Dec

38

17% Aug

12%

Oct

20% May

31

25

Oct

44

Oct

13%

Apr
Feb
Jun

Feb

5% Sep
18% Nov

9

10% Mar 31

7

20% Nov

19% Sep

4

42% May 19

6'/a

;

50% July
Feb

108%

Jun

24

24% Oct 21

17

Oct

30%

68% Oct 20

40%

Sep

26 V« Feb

21

21%

Oct

65
May
34% Jan

10

40

Jun

65% Jan
12% Jan

2

64

St L-San F Ry Co com v t c__No par
Preferred series A 5%
100
St Regis Paper Co common
5

18

No par

Joseph Lead

1st

pfd 4.40%

Safeway Stores
5%

series A

7%
11
•104

2,600

100
5

common

preferred

100

Savage Arms Corp__
Schenley Distillers Corp
Scott Paper Co

$3.40

cum

5%

12%

Dec

Aug

8

Dec

33

Dec

Oct

22
22

Nov

Jun

30

12

90% Oct

30

20'ft May 19

110% Nov

18

26'ft July 17
4

Sep

9%

Nov

18

Jan

53

Nov

100

7

42

Oct

61

Aug
July

2

100

1.75

23 % May 17

65% Jan

2

No par

49 V8 Jan

103% Sep

pfd__100

41% Mar 14
96
Nov 21
96V4 Jan
3

common—5

13% Nov 28

18 'ft Jan

24% Feb
Feb

cumulative preferred

102'ft July
9ft% Mar

34% May

110%

114% Mar

8

No par

May

98% July 24

9

116

Mar

Dec

110%

Jun

95%

Dec

102'ft

Nov

13

17'%

Jan

42

Sep
Sep

37%

13

77%

Feb

23"

Oct"

39%

Apr

9
20
3

v

t c__No par

Jun 26
11% May 19

preferred series A

100

39% May 17

55

1

18% Nov 24

19% Nov 24

23

35% Oct 23

com

Co

of Del

No par

90

5

Sears Roebuck & Co

Seeger

100

Refrigerator Co

Mar

8
5% May 17

No par

30% May 19
Oct

5

11

7%

700

Seiberling Rubber Co

1

3,000

Servel Inc common..

1

7% Nov 21
10% May 19

30

Dec

May 19

11%
105

Sep

11%

30'/a

11% Feb

cum

(The)

45

2

33

7'ft May 19

preferred

Elec Co

9

5% May 19

5

common

Seagrave Corp

6

105

Inc

1

Seaboard Oil Co

*5%

7%

17
102

t per share

36% May 20

5

900

6'ft

1

Wks

(The)

35'A

6'ft

*5%

•34

*5%

11%

18

Nov 28

Co

Seaboard Finance

•18'/a

*104

8

84% Feb

Highest

10

(Jacob)

600

18'ft
34'ft

104%

17% Feb

18

Ruberoid

'18%

*18'ft

X34%

104

100
1

Royal Typewriter

Ruppert

3.35%

18%

11%

Metal

1,900

35

*7%

Art

2,400

34%

7%

Ronson

Seaboard Air Line

94

34%

12

12

13

13% Jan 16
23% May 16

14%

103%

Nov

14

Scranton

34%

12

Sep 24

18

48%

103%

No par

com

Scovili Mfg Co 3.65%

34%

7%

14
96

24% Jan

Nov

14 >/8

12%

13

Apr

47%

103%

29% Feb

19

14%

*101 Va

Oct

20% May 21
11% Sep
4
64 % NO v 20

95

48

:,!12'/a

Feb

16%

26

45

3.60%

3,500

34%

*7%

2.50

Co

14%

5%

No par

com

100

47

5%

112%

Dec

S

9'a
,44

10

Oil Corp
—No par
Ritter Company
No par
Roan Antelope Copper Mines

19%

43

1
50c

preferred

Richfield

20

7%

Nov

Sep

12%

14% Nov

1

600

66

297

15
99

26

14% Nov

10

4,100

20%

42%

1
11

100

16%

Feb

4

18% Feb
108% Mar

16'ft Feb

series

26'ft

6%

19

8

14

May 16

Manufacturing Co

Preferred
Rheem

65%

30%

Apr

Oct

33%

Range for Previous

preferred

1,500

19%

44

31

9% May 17
96
11

prior pfd series A—100

conv

21%

67%

7'%

Jan

July 14

Lowest

Common

96

66%

30

46%

9

Range Since January 1

5%% convertible preferred
Reynolds Spring
Reynolds (R J) Tob class B

*19'ft

43

Oct

STOCK

YORK

Drug Inc
Reynolds Metals

19%

8'ft

36%

100

Rexall

65%

30'ft

21%
21%
*110%. 112

STOCK

6%

23

44%

39

1

convertible

5'ft %

20%

8

6

Revere Copper & Brass com—No par

*22%

30

Nov

25

Republic Steel Corp

20%

8%

*90%

6

$1

22%

30%

Jun

33

10

Republic Aviation Corp
Republic Pictures common

*22'.ft

8%

53'%

Par

70

15%

30'2

Sep
Sep

EXCHANGE

100

20

22

10%

*108

*100

15%

44'ft

3,200

20%

22

45

4

101%

20 Va

101

16

*44

3,200

13,000

22

65%

7%

27'ft

15%

*19%

7%

x26%

*107%

pfd

Motors Inc

NEW

100

21%

19 %

40

50c

Shares

11'/a

16

67

< per share

4

22

19 %

Reo

Sales for

*11

*15%

*65%

48% July 25

5

common

prior

the Week

4%

16

20

I per thare

Friday
Nov. 28"'

11%

21%

23'ft

39

3

50

$4.50 preferred
700

27%

16

20%

7,100

27

21%

23

32%

*11

50

20%

Nov

16%

Mar

STOCKS

Thursday

7%

50

20%

32%

Nov. 27

40

6%

32'%

22% July 25

41

Co—

&

PRICES

39%

96

35% Jun

16% May 17

50c

14'ft

*96

32%

*10%

*94

14

25
50

Remington-Rand common

14

97%

14'ft

11

96

38'/2 Feb

May
Apr

50

No par

40

22

33

No- par

39%

*95

Sep

Reliable Stores Corp

*10%

50

17%

Reliance. Mfg Co> common
Conv pfd 3'/2% series

10%

50

19

30

25%

50

Feb

31% Nov

200

32 %

Apr

17% May 19

100

$1.25 div

100%

1

«.

Preferred

(Robt)

105% Mar 1

Feb

200

*96
-

26

Jan

96'ft Mar

49%

12

26

*49%

Hosiery

95% Nov

19

112%

Reeves Bros Inc

13%

28 Va

Nov

Dec

65

40'ft

23%

900

105

Oct

9

Dec

*64

10%

20%

Real Silk

Dec

15 Vb
32

*11%

40

*23%

non-cum

200

14 %

11

95

4%

100

13%

76%

2
10

1st preferred
2nd preferred

35

4

15% Jan
Feb

11%

40

*94

non-cum

7

80% Feb

28

41

$2 preferred
Reading Co common

4%

10% Feb

22

28% May 19

65

11%

*39%

49%

100

7% May 10
69% Oct
10% Nov

No par

100

6%

104%

pfd

15

*10%
49 %

Ralston Purina Co 3%%

Raybestos Manhattan
Rayonier Inc common

25 Va

7

10.3

1

*24%

25%

24%

preferred—No par

*13%

67a

103

1st

conv

Radio-Keith-Orpheum

14%

Nov. 26

*10%

*100

$3.50

800

10,100

Corp of America com__No par

25%

*64

HIGH

Monday

7%

■

97%

32'/8

Nov. ii
sharp

*13

:

Saturday

vr

*100%

13 %

Radio

14%

12

65

LOW

t

35
*13

50,700

*24%

25

32%

CO to

17%
*44

105

13'ft

14%

25

14%

*96
■&

*13'ft

65

65

*14%

*100

13%

17%

45%

10'ft

Reis

25 %

4

17'ft

105

13%

15

*24 3

t

9%

$4.50

preferred

28%

28%

291/a

3,000

35%

Shamrock

34%

35%

1,500

Sharon

Oil

Steel

&

Gas

Corp.—

No par
1
No par

10

101% Nov 20
20'ft Apr 15
24% May 19

6

6%

Nov

17%

Feb

40% July 14

35'ft

Nov

49%

Apr

16% Feb

8

10%

Nov

16% Feb

11

13'ft

Nov

23% May
22% July

16% Feb

3

12%

Oct

10% Feb

110

Jan

7

105

Dec

30% Nov 21

17%

Oct

40% Oct 20

23%

Oct

24%

Jan

113% May
32% Apr
40%

Feb

21

-"

S

n

rsr-sr

22

THE

(2226)

Nov

Nov. 23

Tuesday

f per share

f per share

t per share

t per share

Range for Previous

STOCKS

Friday

Sper share

the Week

t per share

7%

7%

7

7

7

7

7

7

7

7

4%

4%

4%

4%

4%

41/8

4%

4 %

41/8

4%

1,600
3,300

371/2

37%

371%

1,400

Simmons

24%

24%

-

17%

78

"'76

78

100

17

XI6V2

16%

800

12V2

12 %

30'A

241/4

77

77

16%

16%
12%

12%

*12%

12%

400

30%

30%

301/2

30%

12,700

*76

13

29%

12%

16%
12%

30%

*12%

30

24%

17%

17%

29%

30%

37

37%

37

37%

42%

37

1,900

79

17%

37

24

24%

24%
*77

79

*77

24

24'A

^

42%

37

Simonds Saw & Steel

No par

Sinclair Oil Corp

No par

44%

200

15%

16

15%

16

15%

J5%

15%

15%

15%

10,600

98

*97%

98

951/4

97%

94%

96

951/2

96

19 %

201/4

19%

19%

19%

20

Sloss-Sheffield Steel & Iron

20%

600

20%

55

55%

300

Smith

44

37%

*37

96

26%

6%

*55%

15%

57

STOCK

1,400

*36%

700

Smith (A) &Sons Carpet

*94

25%

25%

25

25%

600

Smith & Corona Typewriters-No par

16%

16%

16%

16%

16%

36,900

17

16%

4

3%

6% 1

*18

18%

18

18%

42%

42%

42%

40%

40%

3%

371/4

4

6%

6%

6%

42

42

42

6,100

2,500
300

17%

1,500

Southeastern

45%

3,700

South Porto Rico Sugar com.-No par

*40

40%

27%

27%

28

*40

40%

40%

100

3,100

231/4

23%

2,700

Southern

42%

43%

7,700
4,000

23%

23%

23%

x23 Ve

23V8

451/4

44%

45'A

x43%

44

35%

35%

34%

35%

33%

34%

34

34%

33%

58%

*58%

60%

59

59

59 Ve

60 %

*58%

59

700

58%

70

*70%

60

70

73

17

300

5

2,000

*70

73

*17%,

17%

17%

17%

*17%

5%

5%

5%

5%

5'A

9%

*8'%

9%

*8%

17 'A

17%

5'A
*8%

8%

*73i/2

17

17%

75

*73%

30

29%

75

*73%

75

27%

28

28%

29

22%

22%

22%

22%

22%

22%

22%

22%

10%

10%

10%

10%

10%

10%

10%

10%

10%

731/4

74

*99%

75

74%

74%

*74%

75

x731/4

18%

181%

18%

17%

18

*17%

25%

24%

921/4

*90%

22%

25

24%

99%

100

24%

22^4

25

92%

*911/4

25

25

99%
*91%

25%

25

92%

30

30%

29%

100

99%

100
25

25

*91 %

30

29%

*96

98

*96i/4

98

96

108

*106%

108

105

94

96

*106

106

60%

*97%

*40

41%

13%

20%

11%
*55%
*120

100

42

200

Starrett Co

♦14%

15%

300

36 Va

36'A

3,000

95%

94

94

30%

30%

30%

15%

15

15

*14%

20%

20

20

191/2

15

14%

*201/4

14%

15

11%

11%

11%

*105

105%

*120

121%

*120

Xl3%
19%

11%

11%

*105

105V2

55%

56

55%

14%

19%' ? 19%

20%

19%
*105

20

20%

*54%

55%

*120

121

9%

10

*93

95

4%

convertible

preferred

(The)

50

LS

No par
1

200

3%%

31

2,500

Stevens

14%

15 Va

1,100

Stewart-Warner Corp

5

19%

19%

19%

1,900
500

Stokley-Van Camp Inc common.-.1
.5% prior preferred
20

20

20%

20'A

13%

12%

131/a

5,900

20V4

19%

20%,

10%

11-V
105%

13,600
2,500

11%

*105

1051/2

54%

56

120

121

9%

10

54i%
120
10

Inc

& Webster

Stone

No par

1
12.50

1,200
20

18,600

32% May 27

10c

8% May 19
17% May 20
101'A Jan 13

1
1

$4.50 series A preferred
Sun

No par

Oil Co common

Class

No par

A

pfd (4%%
Sunray Oil Corp

10

10%

10

10%

9%

36%

35%

36%

35%

9%

9%

9%

8%

9

8%

21%

20%

21

2IV4

21%

128%

129%

I291/4

19

*18%

19

I8V4

18%

200

*40

39%

40

600

Sutherland

100

cumi

Superior Sleel Corp

41

21%

2IV4

*128%
*18%

129%

21%

19%

*18%
*33%
22'A

21%

*92%

42%

42%

I91/2

19

19

18 %

42%

*42

128%

130

120%
*

35%

35%

x41

*18%

41%

35%

1,900

Sunshine Biscuits Inc

9

91%

3,000

Sunshine

21

21%

2,300

Superheater Co

34%

35%
9

128%

*18%

130

900

Mining Co

Superior Oil

(The)
California

of

No par
25

5o
10

Paper Co

Sweets Co of America

19

10 % May 19

16
May 19
10 % May 19
105
July 28
51
May 26
118
Jan 10
7% Jan 11

Studebaker Corp (The)
Sun Chemical Corp common

(The)_.4.16%

13
36

May 19
May 19
14% Jan
2

*18%

19%

19%

*18%

19%

33%

34%

34

34%

X33 %

33 7

33%

33%

1,800

Swift

30% Jun

9

34

22Va

22%

22

22%

22

22

22

22'A

4,000

Swift International Ltd

21% Sep

2

21

20%

211/s

20%

21'A

3,200

93

93

93

92

92%

130

Sylvania Elcc Prod Inc com_-No par
$4 preferred
:
No par

6

6

20% May 19
91% Oct 23
5% May 19

21%

6%

*92%

93

6

6%

6

6%

21

21%

21Va

*92%

93

LOW

Saturday

Nov. 24

t per share

AND

PRICES
Wednesday
1 per share

11%

*11%

11%

*111/8

Thursday

4%

*4%

4%

*4%

4%

18%

18'A

I per share

11%

share

11%
4%

3,000

25

Symington Gould

1

Corp

3 5'A May

99

Friday
Nov. 28

NEW YORK

Sales for
the Week

$ per share

Dec

108

July

29%

Sep

48

May

13'A

Oct

18'A

4%

Sep

8% May

7%

Dec

9

Nov

62% Dec

•

83

Nov

Jun

20%

Dec

22%

Dec

48%

Sep

59%

Feb

Sep

39% July

7

34% Jan
28% Feb
47% i*'eo

7
4

30

a

38%

Oct

70

Jun

33

Sep

65

Jun

64'A

Oct

90%

Jun

73

Oct

96

Feb

30%

Apr

33% May

22 %. Jan

16% Nov

4
8

•5%

7
13
14
15
7
4
5
2
11
6
14

13% Jan
May

Oct

11% Nov

27

92

Sep

104

18%

Dec

July

40%

Jan

14% NOV

39%

Apr

84%

Sep

109%

15%

Sep

24%

33%

Feb

55

May

107% Oct
34% Nov

116

Mar

55

May

Apr
Apr

Dec

89%

20%

Oct

60% May

70

Oct

135%

Apr

78

Oct

149%

Apr

98 %

Dec

42%

Feb

59% Aug

37

Feb

49% May

61%

Nov

78% May
30

20% Mar

2
104% Mar 5
36% Oct 15
19% Feb
7
24% Oct 8
21% Jan 3
17
Feb 3
25'/a Feb 11
15% Feb 3
109% Apr 17
75% Mar 24
125
Oct 21
12% Sep 18
Jan

100 %

Dec

Feb

37% Nov

56

Jun

37

53%

Jun

Sep
16% Oct

26% Aug
63

Jan

Oct

109% Aug
26% May

13%

Oct

20 %

Dec

21

Jan

14%

Oct

23%

18%

Oct

38% July

12 %

110

14

Sep

10%

28% Feb 13
104% Mar 11
10% Feb
7

May

78%

Jun

124% Aug

Apr

42 %

Apr

24% May

Sep

117

Feb

23

Sep

61%

39% May

Nov

103%

2

Oct 23
Feb
7
Mar 5
Oct 31
Jan 28
Jan
2

May

41%

102%

13% Mar 6
24'A Oct 14
24%
47
21%
37%
27%

Jan

25

Oct

132

July

108%

Oct

11

7%

May

56% Aug

Oct
17% Oct

24

Oct

160

102

Apr
35% May
23

19% Nov

May
Dec

38

Jan

55%

Apr

13%

Sep

21

Aug

31

Sep

41%

Feb

25% Nov

36% Jan

19% Nov

41

101

Feb

109% Aug

Nov

16%

7% Nov

Jan

Range for Previous

STOCKS

Nov. 27

Nov. 26

Nov. 25

1 per share

1 per

6

SALE

HIGH

Tuesday

Monday

Nov. 22

5%

6

Co

&

Nov

45% Jan

22%

8

Jan

35%

Oct 28
Jun 30
Jan
6
July 11
Feb 8

49

14% May 19
19% Jun
3

36%

9

May 20

15

& Co

P)

91

105
Jl.~. 29
17%Feo 11
49
Feb 7
47
Oct 14
18
Jan
2

x35% May 13
94
Nov 25

15

preferred
(J

Oct

80
July 24
31% Aug 19

30% Nov 26
13 % May 17

30%

30%

Feb

42

44 % July 21

Nov 20
May 19
Jun
3
May 17

5
100

Sterling Drug Inc common

95

98
10%
41%
37
i?

A
100
common—1

Sterchi Bros Stores Inc

42

151/8
36%

30%

series

Spring

43%

15 1/8

*93

Steel

*42%

36%

*40%

43

preferred

common__-10

43%

14%

201%

121%

2,600

Ohio

of

13%

371/4

20i%

56

13%

Oil

13%

14%

15%

11%

3%%

Standard

36%

*40%

20%

20%

98%

15

30%

105%

Standard

38

2OV2

*105

*42

9,100

*40

42

*94

89
May 17
50% Mar 11

99'/a

*97

43%

41%

$7 prior preferred
No par
Oil of California__No par

Standard

63
Mar 17
23% Jan
3

'

Jun

Oct 22
Oct 20

27%

36% Jan
2
114% Feb 18
125
Feb 19
63
July 24

37% May 19

39%

39%

Jan

65%

Sep

50% Jan 2
77
Feb 8
81
Aug 26

81

No par

25

43%

14%

6,500

$6 prior preferred

25

44'A

*20

900

60%

Standard G & E Co $4 pref__No par

Standard Oil of New Jersey

*43iA

15%

103%

No par

Standard Oil of Indiana

441/2

37%

No par

coin.-

20%

Jan

20% Feb
7% Feb
14% Jan
93% Jan
31% July
24% Oct
17% Feb
90% Feb
18% Feb
45% Jan
112% Feb
37% Jan
102
Aug

15,500

*43%

Xl5

Inc

29
19
19
19
10

10,800

39%

13%

21

1,000

60%

60%

Brands

Oct

14

41% Nov
•

75'%

13%

31

18,800

103%

105

5
Squibb (E R) & Sons common
1
$4 preferred
No par
$3.50 cum preferred

15
54

22% Jan ' 7
56
Jan 18

27%.

13%

15%

22%
95

No par

Feb
Jun

May

3

17% May 16
May 17

1
1
2

Square D Cc

Standard

5%

9

39%

13%

20%

95%

16,700

61

17% July

Dec

8

9

75

13%

*30%

21%
*92%

310

251/4
92

Jan

8% Jan

26%

*13%

951/2

23 %

100 »/2

38%

64% Apr

76

99%

95-%

24%

567/b

6

271/2

*97

15%

99%
*90%

1
No par

preferred

14%

Nov

Nov 26

751/4

99%

37%

1,600
2,300

$4.50

14
20

27%

x27%

37%

17%
29%

Conv

1

27%

28%

*15%

17%
29

25%

_No par

Spiegel Inc common

330

Oct

33

23

76

76

27%
*97

7,900

Jun

62%
39%
102%
35%
17
5%

39%

39%

75%

28%
100

7,200

10%

741/4

20
20
19
21

75%

39%

76

75%
28%

23

43%

10

15
May 17
4% May 19
6
May 19
75
Nov 10
23% Sep
8
16% May 19
8
May 19
71% May 20
13% May 19
27
Nov 8
99
Nov 10
24% Nov 26
93
Nov 6

1

Sperry Corp

Apr

Feb

101 % Nov

39%

39%

39%

*97

104%

Spencer

100

Sons

Kellogg &
(The)

3,200

17%

93

1QQ

Spalding (A G) & Bros Inc
Sparks Withington

Mar 15

60%

60'%

60%

75

30%

30%
100

preferred

non-cum

Mobile & Ohio stock tr ctfs

26%

27%

reo

Jan
7
Feb 21
16% July 28

59%

59%

60%

22%

5%

91 V!b May

Sep

41
51

May 19
Apr 22
May 19

.

Nonar

common__No par

Railway

Jan

17 %

34
July 17
9% Feb 17
6% Feb 8

May 19
Apr 14

22
July
34% Apr
28
May
57% May
68
Nov

7.50

Gas Co

Natural

Southern

Spear & Co common
$5.50
preferred

9%

*8%

9%

*73%

29

34

5

5 1/8

5

*8%

75

*73%

73

25

Southern Pacific Co

23%
44%.

*70

-25

8% preferred (new).
California Edison

Southern

28

27%

28

77

44,

14% May 28
37%.May 19
40% Nov 13
27% Nov 26

5

17%

28%

29%

Greyhound Lines

39% May

Jun 20

42

50

.

44%

45%

X29%

preferred

18

23%

30%

5%

44%

28 %

30

South Amer Gold & Platinum
South Carolina E & G Co com—7.50

18

23%

70

:__15
1

Socony Vacuum Oil Co Inc.:

43%

45

70

cumulative

3%%

96

181/4

*40

28%

27%

*94

CLOSED

43%

43%

40%

*40

42

*36%

EXCHANGE

4

6%

6%
45

*43

37%
96

3%

4

61/4

6%
45i%

45%

18%

18%

Co com__20
preferred_^_100

37%
96

25%

37%

share

Jan

33% Jan 6
82
Feb 19
21% Feb 18,

May
May
May
Nov
24% July
13% Mar
3% May
5% Oct

20
10

Corp

(A O)

*94

42%

*74%

15

Skelly Oil Co

*25

16%

6%
46

*45%

56

*43%

44

25%

25%

4

4

44

431/2

96

37%

37%

3%

16%

16%

*55%

57

*94

*94

*25%

*

20%

20%

*55%

57

*56

*42%

«er

23

May 19
Jun 3
May 16

6%
4 27%
39
14
65
15
38 -•
29%
94

$

$ per share

18
75
16

24% May 19

No par

98

*42%

$ per share

12

Sharpe & Dohme common

Co

Highest

$ per share

Par

Shares

Highest

Lowest

Lowest

EXCHANGE

No par
$3.50 conv pref series A—No par
Shattuck (Frank G)
No par
Sheatfer (W A) Pen Co
1
Shell Union Oil
15
Sheraton Corp of America
1
Silver King Coalition Mines
5

24 %

Year 1946

Range Since January 1

STOCK

YORK

NEW

Sales for

Nov. 28

Thursday
Nov. 27

Nov. 26

Nov..25

24

.

SALE PRICES
Wednesday

HIGH

AND

LOW

Monday

Saturday

Monday, December 1, 1947

CHRONICLE

COMMERCIAL & FINANCIAL

Year 1946

Range Since January 1

STOCK

Par

Shares

Highest

g per

£ per share

share

Highest

Lowest

Lowest

EXCHANGE

t per share

8 per share

T
1

*11

11%

*4%
18%

5

58V4

58

18

18%

57%

58%

57%

16%

16'A

16

16%

16

58%

58%

58%

58%

X56%

*11%

STOCK

*4%

11%
5

18%

18 1/8

18%

EXCHANGE

18'A

18%

57%

57%

58i/4

CLOSED

57%

58

400

Talcott Inc

100

Telautograph

2,100
18,800

Tennessee

(James)

.

16

15%

15%

2,400

Texas

Gulf

56%

56%

57'/a

57%

800

Texas

Gulf

43%

42%

7,400

Texas

Pacific

16

Coal

45%

421/2

441,8

42

28%

28%

28%

28 %

28%

27%

28

5,600

Pacific Land

28'A

28%

Texas

28%

49

49

49

49

2,100

Texas

&

48

*48%

48%

49%

48%

14%

*14%

14

14%

13%

48%

48%

*47%

49

15%

*14%

14

14

48%

15

*10%

10%

10 Ve

49%

49%

49%

10

10

10

*14%

*141/2

15%

14%
49

15%

14

*47%
*14%

10%

10

10 %

1,500

Third

23%

1,100

10%

300

23%

23%

23%

23V4

23V4

101/2

*10%

10%

*10 %

10%

*10'/a

50%

51%

51%

51V4

51%

51%

x49 %

49%

*96%

97%

*96%

971/2

*96%

971/2

*95%

971/2

23%

5

4%

29

28

4%

4%

*29

28

*48

95%

48%

700

95%

90

4%

3%

4%

6,300

291/2

29%

29%

600

22%

7,600

22%

22%

22%

22%

99

99%

98

98%

97%

971%

280

$3.75

18%

18%

18%

19%

19%

19%

18%

19%

4,400

Timken

4,000

Timken

52%

51%

52%

51%

52%

51%

51%

50%

51

13%

13 1/8

1318

13'A

13%

13%

13%

14%

14

14%

16%

16%

16%

20

20

20

20%

7

7

6%

16%
Xl9

6%

7
106

106

*104

12,000

Roller

1,400

1,100

Transue & Williams Steel

6%

6,300

Tri-Continental

*103%

105%

10

106

14%

14%

15

14%

2,400

25%

25%

X24%

24%

8,900

36

x35

35%

600

98%

•95%

98%

36

*36

36%

98%

*95%

98%

8'/a

8%

8%

36

*95%
*8

8%

14%

*8

8%

$6

Jan 13

58% Feb
21% Feb

18
18

35

Sep

65

Corp

8
19

13%

Sep

591% Feb

13

47

Sep

18
Sep
61% July

May 19

17% Feb

13

15

Sep

30% May

9% May 19

13

Sep

10

Sep

15

48

Oct

70

Feb

14% Feb

5

Oct

20%

Jun

4

24% Oct

21

16

Dec

18% Nov

15

16% Feb

11

14%

Oct

21% May

May 19

59% Jan

30

38%

Oct

69%

Jun

Oct

112%

Jun

Oct

13%

32

Oct

68

Jan

24%

Apr

16% Jan
10

38

Sep

95% Nov

28

3% May 17

106

Mar 10

7% Feb

3
1

9%

102

5%

Jan

Nov

108'% Feb 24

99%

Nov

4

16 %

Oct

26%

Jun

53% Oct 20

38%

Oct

66%

Jan

21% May
71
Jan

new

12

15% May 19

21% Feb

40% May 13

10% May 17

15% Jan

3

13 Ve

13% May 17

0

18%

Dec

20'A Nov

24

14

Dec

1

-

preferred

-

14

May 13

7% Feb

7

112% Feb

20

25

15% Nov
38% Jan

101

Jun

2

No par

Xl4% Nov

x24% Nov

prior preferred

No par

City Rap Transit com...No
5% conv prior preferred

Twin

par
50

31%

31%

31%

32%

32%

32%

*31%

33%

32

32%

430

15%

15%

15 %

15%

15%

151/a

*151/8

15%

15%

15%

800

Twin

*121/4

121/z

*12%

12%

12%

12%

12%

12 Va

12%

12%

300

Udylite

53i/2

53%

53%

53 %

53

53

53

53

52%

53

1,100

Underwood

12%

12%

12%

12%

12%

12%

12%

12%

12%

1,700

Union Asbestos & Rubber Co

Bag & Paper

No par

Carbide

No par

6

105

33%
12%

Oct

37%

114

Sep

Feb
Jan
Mar

63% May

Oct

79

46% Nov

34% Aug 21
95% Oct 30

48

Jan

6

104

Jun

27

102%

Dec

7 % May 13

16

Feb

11

11%

Oct

51% Feb 18

43%

Dec

71%

17'A Oct

11% Nov

May

24

30

Nov

20

1

9% May 19

,__1
No par

Co

5%

Feb

24

28

5% May 19

No par

.

112

Oct

22% Jan

5

_No par

$1.50

97% Nov

2

-_

20th Century Fox Film com_.-No par

Coach

13

60% Feb

17%

.No par

_

Corp

17% Feb

13% Feb

28

6% Aug 21

47 % Nov

25% Oct 20

common

preferred

Truax-Traer

Jun

May

May 19

Air Inc

Western

$4.50

1,400

26% May

18

-

_

18%

*104

Oct

1q

com

Bearing

6%

106

5

14%

39% Feu

5

*18%

16'A

16

29 % Nov

No par

6%

16

32%

May 19

Axle

Corp

Jun

60%

Oct

20

No par

16%

251/4

8

Oil

preferred
Detroit

July

Sep

21

15% Jan
41

18

9% Mar

46%

24

No par

19%

25%

*7%

100
com-..No par

6%

xl4%

8

.No par

com

16%

15%

36

Products

*18%

25%

*95%

25

..

6%

15

98%

(J R)

16%

25V4

36

36

*95%

.1

19%

15'/a

25%

50

(The)

Transcont'l &

25%

*15

Co

fTransamerica

68% Aug

45 '/a Nov

47% Nov

Corp.. No par

Tide Water Associated

23%

Feb

17% July 28

1

Transit

Thompson-Starrett Co
$3.50 cum preferred-

99%

Jun

52

58% Nov 21

12

preferred

22%

52%

107%

4%

991/4

23%
100

18%

*106

Thompson

21%

18%

*16

Thompson

Jan

25%

13

21% Jan

No par

preferred

conv

Avenue

13

Sep

13

common-__5

common

Thomas Steel

div

$2%

Dec

10% Jan

100

.

preferred

Co

90

10%

10

*99%

Thermoid

471/2

10%

231/4

4%

1,000

9%
47%

10%

29

10

IOV4
491/8

23 %

5

15%

10%
491%

Jan

6%
14%

46% May 27

No par

conv

10%

10

Co

Thatcher Glass Mtg Co

$2.40

11%

9

68% July 28

1

Trust

Ry

The Fair

10%

10%

30%

40

49%

'

*23%

4%

2,600

101/8
.

23%

30

14%
49

Pacific

49%

10%

49%

*47 %

17

14

26

10

Oil

19% May

Feb

7% Jan

20% Aug 15

53% Sep

No par

&

44 is

14

May 16

3% May 16

1

Sulphur

42%

15%

10

13% May 20

25

____

Producing

56%

45

48

_

Corp

44%

*47%

_

5
5

_

(The)

Texas Co

9

-

Corp__

12% July 2
43% May 19

5

9% May 17

14

106%

Jan

Apr
Apr
26% Jan

U

121/2
33%

105%

33%

34i/a

105%
*110%

111%

*110%

*94%

96%

*94%

*92%
?

24
157

loo;;

100

*34%

35

24

92%

93%

156%

*For

33

33%

105%

105% 1051%

f 23%

112

112

*94%

96%

*92(4

92%
!

*34

footnotes

page




32%

105'A

106'A

1

24.

106

4,500

Union

112

50

30%

110%

111

95

*93%

95

*93%

*92%

94

*92%

94

23%

24

100%

*

158
34

23 %

X153
:
•

34 )

6,500

105
*110

112

156%

100%

; \ 34%

see

x32 'A

100%

24

155% 157
'*99%

33%

105%

Union

100r
34%

32%

95

.94

10

(The)

Corp

Corp

&

Carbon

Un El Co of Mo pfd $4.50 ser__No par
Preferred $3.70 series
No par
Preferred $3.50 series
No par

23%

23%

3,200

Union Oil of California

154

152%

152%

5,600

Union Pacific RR Co common

100

99%

23%

34%

♦34

100

600

35

600

4%
Union

non-cum

Tank

preferred

Car

25% May 19
89% Jan 15

110% Nov 21
99

Nov

1

91

Nov

13

—25

20

100

120

100
No par

Apr

14

,» Apr
15
97% Nov 14

30

May 21

15% July 23
58% Feb
7
15% Jan 25

49

Sep

12

Nov

37% Oct

16

23

Jan

39

May

110% July 11
115
Mar 31

88

Sep

125

Apr

111

Jun

115%

106

Feb

111

Oct

96

Deo

107%

Jun

106% Sep 30
104

Jun

6

24% July 24
: Nov 21

159

111 i

Feb

26

38% Feb

10

80% May
23% Apr

29

20% Nov
110

102%
32
''.MA

168%

Oct

Jan

May

Feb

120% Mar

Oct

Sep

„

:

42% Jan

>«•'

Volume

166

Number 4651

THE

LOW

HIGH

AND

Saturday

Monday
Nov. 84

SALE

Tuesday

Nov. 22

j

Nov. 35

>

COMMERCIAL

& FINANCIAL

CHRONICLE

PRICES

Wednesday

STOCKS

Friday

Nov. 27

Sales for

Nov. 28

Thursday

Nov. 26

the Week

NEW

4, per

share

j

22%

•

I

$

23

*106

223/4

107

*

I'

*105%

106%

18%

17%

18 Va

96

98'/*

22%.

22%

22%,

*22

22%

31

31V4

31%

31V*

31%

31%

33%

33 Va

*31 %

4%

4%

4%

4%

4%

4%

*57%

59%

*57%

59%

2%

23A.

2%

2%

44%

.443/4

x43%

31%

33%

4%

•

60%

*57%-

2%

2%.

44%

44%

443/4,

6V»

6%

■i,
f

68

..

;

23%
443/4

40%

18

5534

56

55% -56

22%

22%

22%

16%

16%

16 Va

16%

106%

106%

*106%

107 %

16%,

j.

16 V»

2lVa

21%

*97

f

16

100

*95

*17%

18%

*17%

i

105 %

105 Vt

105%

*177%

\

183

17%

j

*77%

40%

21%

21'/a

21%

7%.
36%

36 %,

22 3/8

*9 Va

9%

*9 Va

*44%

44%

*50

51

*50

*46

50

70

50

99

43%

*97 Va
43 Va

46

46 %

*69%

70

140 %

19

18%

46%

43%

43%

140

6'A-

6%

6%
10%

10%

101%

6%.

6

"98

%.

18'/a

*39%

18%

5%,

18%

5%

101%

173

*16</2

98

16%

"67

16

68'/a

15%

66

15%

6,100

1281/2

140

42

xl7%

5%
10'A

16%

5'A
*161'/a

80

53/4

1,800

United

16 Va

16 Va

103/a,

66 Va

65 Va

15%

U S Tobacco Co

1%

Stockyards

United Wall

383/4

100

19'A

300

Universal-Gvclops Steel Corp.

5%

500

Universal Laboratories Inc

100%

200

Universal Leaf Tobacco

*17

*51/4.
*99 Va
*162

•

4 '/o

172

cum

8%

16'%

16%

1,800

66

66'/a

190

conv

15%

15%

15%

15'%

15'A

700

15%

15%

16 Va

16 Va

15%

16

700

36

Vanadium Corp of
Van Norman CO.

36%

36%

15

15

15

500

14%

15

Van Raalte Go

14%

14%

*29%

303 'a

29

30

*28Va

29

28 %

29

*82

67

*84

87

84

84

*84

87

'88

*84

*85%

87

*85 Va

90

10

85 V*

85'/*.

*65'/*

88

"85

50%

90

*49

50

10

*49

50
100

*97

99 "a

*97

99%

*98

96%.

*95%

96'/a

*95 '/a,

9%

10

*107

112

15%

9 Va

*105

15%

*116

15%

107

15'/a

15%

15%

*115

135

*123

135

*123

135

*122

135

37

32 34

*34%

*36%

34
33

*36%

36%

36 Va

35%

35

35

35

33

33

*32

*31%

33

*31%

LOW

33

AND

HIGH

Saturday

Monday

Tuesday

Nov. 22

Nov. 24

*31%

*31%

SALE

Nov. 25

per

share

I

per

share

I

per

share

Jan

20

16'A Jan 22

9JA Jan
35

7

May 19

49% May 24
97% Nov
40% Jun
128

NOV

13
5
21

38% May 17

May 19

u68

61.% May, 19
139% Nov 28
26

3

5

Jan

13

8

Jan

13

Jan 27,

Inc

America

13

9% Oct 22
5

24% Oct

24

16

Apr 10
46% Oct 20
Feb

19

Jan

73

39

2

103% July 24
60% Feb

11

Feb

11

165

51% July 20
Feb

28

79% Feb

8

81

Mar 27

150,

Feb

23

19

48% Feb 21
8% Oct

10

Feb

22

No par

Sep

53 % Feb

39% Nov

52

15 JA

May

x205

Sep

28

1

com

132

Deo

90

38% Nov

MayT7
4»/a May 20

Sep

15

21

79 V2 May 17
165
May 20

93'
187%

Feb

94

17

32% May

109% July
29% Feb

NOV

Feb

30

16

Nov

Jan

-

15% July

10.,

26

18

1

15% Oct
101.

6

12i/4 Feb

I

22

110

Sep

33 % Jan

10% Jan

102

Oct
Oct

9%

37% Nov

6% Sep
25v

47%

Apr
98% Aug
62

May
13% Jan

Sep
Jan

Jan

44

9

Dec

25% Aug
11 Va July

35

Nov

60 V4 May

59

Sep
Deo

84

Sep

106

Oct

80

Apr
Feb

13%

36%
100*

48% Nov
144
40 %

x72

65 Va
142

Nov

Apr
39% Dec

187

Oct

84%

Feb

Sep

89

Feb

Oct
Deo

97%

Feb
Feb

166;

20%

Nov

29 %

Jan

47

NOV

55%

Jun

4%

7%

Oct

9% Jan

Sep

100% Nov
7
41

18%

Sep
Sep

20%

Apr
Jan

128

11 J/4 July
54
July

Feb

7

IIV4 Feb

10

8

Dec

IO2V2 Sep

8

91

Nov

110%

Jan

192

7

187

May

200%

Apr

25

NOV

49%

Jan

Mar

Dee

Sep

9

29% Feb

3

65'A Nov

17

01% Feb

13

77% Doo

7

27% Feb
22

17% NOV

Apr

101

Apr

13% May 17
14% May 21
30Va May 17

22

39

Feb

18% Feb 15
41s
Feb 13

15 %

Oct

25%

Apr.

10

35

Nov

58%

Apr

2.50

.

Inc

Feh

Viefc Chemical.Co;

2.50

28

Sep

15

39

Feb

6

30

Oct

51 %

Vicks Shreve & Pacific Ry com__100

84

Nov

25

94% Feb

20

83%

Oct

113

851/4 Nov

19

Jan

13

91% Nov

115

Feb

53

May

48%

1,000

5%

Victor Chemical Works

100

3 VzVc

95 %

"15

9'A

2,500

107

9,100

130

35

36

700

31%

313/4
34'/a

700

6%

*31%

Va

33

20

div partic

$5

100

33

common

preferred

5
100

preferred-

100

Virginia Elec & Pwr, Co com__No

600

34 Va

*32

cumulative

IOq

3 %■ %i preferred 2nd series—_ 100.
Va-Carolina Chemical com
No par

300

143/4

preferred

non-cum

preferred:

Iron Coal

6%

100;

351/2 May 19

50% Nov 22

17

104%'May 14

97

Oct

95%. Nov 28
5% May 19
69

May 19

14% Nov 28:
115

Nov

97%. Oct
10% Nov
112

Nov

16% Oct

Friday

Nov. 23

$ per share

NEW

the Week

$ per share

108% Aug

19

5% Dec
63% Sep

99% July

12%

Jan

23;

117% Dec

12

121

Feb

5

85

Aug 25

127

Nov

21

80

Jan

105

Apr

25

35

Nov

28

45

Feb

21

40

Dec

53

July

25

31% Nov 28

40

Jan

17

37
Sep
32% Nov

45 V4

Jan

38

52

Apr

cumulative

Sales for

Nov. *>8

Sep
Dec

21
19

5

31

Oct

17

31% Oct 21

33% Nov

30

33% Oct

YORK

123%

Apr

21

20

preferred

Feb

20

31

•

10

Aug 21

STOCKS

Thursday

36%
10O

Apr

pfd___10o

preferred,

7%

.

common

Visking Corp (The) class A
Vulcan Detinning Co common

—-

par

94.

Jun

May

Coke 5%

&

Virginian Ry Co

PRICES

$ per share

23%. Oct 20
106

12V4
104%

1,200

*122

.

33

Nov. 20

12
19% Feb 21V

28%

116

32

Wednesday

17

110% Apr

26 V8

14%

33

32 %

•'-191/4 Feb

Apr
Aug

15% Sep

116

35

34

*32%

32

30%

Oct

2

-

36%

32'%

35

35

32 Va

*31%

37

32 %

3;

Jan

53% Aug

18%

20% Jan

9'A

116%

*36 %

10

5% May 10

60.

41% Oct

6

121/4 May 19

107

15

116

*32

I

14%

116

38% Nov

2l%rPel»,

59% July 25

11

25% Jan

16% Aug

105% Aug.
"

24% Jan

196% Mar 29

Aug 26

Deo

.Vfrtientes-Camaguey Sugar Co__6V2

95%

9%

116

77

8%

Jan

06%-July

71% Mar

>*12%, Nov
34% Dee

Sep

7%

Oct

3,300

48%

107

116

2

80

0% Oct
44

May

17% Apr

043/4

*98

97

9%
107

2

107% Feb

6

40

Oct

6% Oct
78
Deo

28%

100

9%

9

*105

*98
"95 Vs.

43% Jan

10
14.

Nov

14% Sep 11

23%

Jan

14'%

49

117

*124

*

9'/a
110

97

Jan

■

19% Oct

109 % Jun

100

36

10% Feb
95v.

14

No par

com

preferred

16'/a

4% Jan 31
53% Mar 2T

5% Nov

100

36 '/a

8

1»

50

preferred

16

Jan

Jan

54%

"

83

May 19

86
178

119

20

8% Feb

2

common

preferred!

Universal Pictures Co

4%%

5

No par

Paper Inc

36%

35%.,i35%

2d pfd

non-c

preferred

conv

Oct

37% Jan

Deo

19% Nov

33% Nov 24

18

40% Nov

1

United Stores $4.20

28

34

101

5'

20% Oct

25

Corp

2,700

$6

Nov

xl7% Nov

preferred:

non-cum

95

No par

16

•95%

No par
100

36%

49

50

com-

common

*36%

50%

100

50

Corp

*15%
15

lo

2,400

65%

15%

common

1st preferred-

6%

16%

*65'A

100

100%

38%

173

16 Va

Co

16

23 % May, 19

pfd series A'

6

99Va

20

,__lo

Preferred

4134

5'A

98V4

98 Va

1
10

*99

19%

173

No par

Smelting Ref & Min

S Steel

5%
10'A

No par

Preferred
U

41%

39%

5%.

98 %
*161 '/a

U S

2,300

5,300

iNopar

common

class A

common

non-cum

18%,

6 Va

*39

140

100

Chemicals

Co

cum

Rubber

8c/o

ia%,

IOV4

*18

17,100

5

Pipe tli Foundry
Playing Card-Co
Plywood Corp common

U S

200

76'/a

139V4

100%

6

18 Va

5%,

5»/2

'97

2,200

69%

Corp

preferred:

3% %

400

46 Va

75

6

42

18 '/a

45

18 Va

6 'A

130

*68%

42%

10'/a

*38

18 %

43%
127

140

x42 Va

6'A

67

15%

44'A

128V2

76%

100 Va

173

Va

20

46%

6

101 %

160

98%

69%

*98

"5%

101%

100

*95%

44%

75%

6%

U S

97%

18 %

6

U S

43 Va

43 >/*

10 VB

U S

100

97%

46%

140'/a

300

3,700

4251

29%

20'

100

conv

U S Lines Co

4Va %

201/4

69 Va

101%

614

42

*49%

46%

*43

6'/a

10%

42

51

2,800

S

Partic &

400

30%

76%

18%

10%

*49%

70

75%

19

43%

••■99

128

*69%

140%

*39%

43

30

76%

*42%

93/4

30%

76 Va

18%

22'/a

*9%

50

140'/a

140%

21%

93/4

*9%
43

30%

76%

Leather

22'/*

22

44

51%

128

Industrial

U

36

31

128

U S

1,100

7%
35'%

9%

*9Va

44

1,000

7%
35%

Jan

•

12% May 19

preferred

7%

7%

*34%

22%

22 Va

4'A%

12

15%; May 19

common

Machine

39%

7%.

*43

99

39%

Hoffman

20% Sep 23
12% May 17
104'A Jun 17

No par

preferred

S

44:% Jan 1#
'*

No par
No par

preferred

S

7%

35%

id

Foreign Securities

$4.50
U

80

43 3A

46%

76 »/4

10

U

73/4.

.

100

Paperboard.-—

200

*126%

*69%

preferred-!!---

900

*35

Nov 21'

5

Engineering & Foundry

No par
United Gas Improvement Co-__13%.
United Merch & MfrsTnc com—_1

16

*771/4

6

Uttiteck Fruit

183

39%

Corp.

10c

66% Nov 25

103'/a

80

55% Jun

11% May 20
33::
May IT

16

38%

101
26% Jan 15
4%. May 16

5

179

*77 %

9

24 % Nov

10 0

103

16%

28

18% Sep

1

Preferred

104

*16

93% Nov

No par

Highest
$ per share

16% Nov

2
1

United

183

16 34

5

28% Apr
120% Apr

United Electric Coal Cos

*103

*97%

129

800

v

Sep

100-

preferred

110

2% May 19
43% Nov 28'

*179

934

44%

30%

18%

14

28

1

2,700

21%
99

18,'A

Oct

15

5

U S &

25

17 */» Nov

United

5 Vo

$ per share

103 Va Jan

United Corp common$3 preference!—

United

tper share

10

28% Jun

Dyewood

Year 1940

Lowest

100

No par
United-Carr Fastener Corp
No par
United Cig-Whelan Stores com__30c
$3.50 convertible preferred
100-

80

95

18

16% May 19

United Carbon Co

700

-

,

21

100

*17%

3,400>

-

15%.

$ per share

5

common

Biscuit Co

183

7%

*44%

44%

*95

6,500

4,400

,

Inc

cumulative

United

Freight Co
U S Gypsum Co

22 Va

*126

18%

; 106%

15 Va

41/2%

Lines

104

40

8%

44

100

:

,

21%

•

Air

104

77%

22%

:

21%,

500

55%
i

United

160

2,700

40

15Va i *16%!.:
106

16

77%

36%

99

107%

15%

500

18 3A;

18 3%.

16%

*106

15%,.

39%

*7%

31

:Xl6

107%

16Va
*106

40%

22%

30 Va

21

81

36%

*97 Va

55:'A.

21%

; 55%
21%

1,900

.

68

*67 V*

55%.

*16

i]

11

6'A

40

,

16,600

43%

*5%,

18Va,

■

United Aircraft Corp common
5%
convertible preferred

*179

105%

'[
1

43'A

CLOSED

40%

18%,

17

41

2%

EXCHANGE

67 %

22
16'/*

3,400

593A

2%

18%

,55%

100

4%

*573/4.
STOCK

44

1,300

33

4%

40%

*95

183

80

41

600

•

Range Since January 1
Highest

Lowest
Par

2,000

18%

21%,

18

*16

94%
22'A

40%

5.5 V*

21%.

*179

17%

*77 Va

93%

*31'A.

6

*67%

12,600

*213%.

33

6

67%

100

17%

31%

15%,

100

t
•[

'

22'/a

16

21%

.

6%

1063/4

17%,

40

•I

f

*31%

*106

17 %(

Va,

.40

%

it *'•

31%

33

,663/4

68

18

....

*39%.

106

*6

6 %»

67

18

*39%

106

60

*6.

69

*17%.

A

13,800

22%

983/4

2%

"•

22%

Range for Previous

STOCK

Shares

t per share

18%

*57%
W

22 Va

$ per share

98 3/4

22

4%

*

share

x22%

23%

per

19

22

*32
k.'

(ft

$

share

100

18%
99

31%

per

22%

1083/4

19%
99

*21%

I

23 %

*106

18%
99

!

t

share-

per

YORK

EXCHANGE

i
i

(2227)

Range for Previous

STOCK

Range Since January 1

EXCHANGE

Year 1946

Lowest

Shares

Par

Highest

$ per

$ per share

share

Lowest
$ per share

Highest
$ per share

W
|

64

64

*63

64

63

63

15%

i

15%

*15

15%

15

15

32%

*32%

j

103

103

*32%

32%

32 %

102 V8

*102

102Va

323/a
103

63 %
*15
*

32 Va

*102

64

EXCHANGE

65

400

Wabash

15%

15'A

400

Waldorf System

No par

32 ~

32

500

Walgreen

No par

STOCK

32%
103

20%

20%

20%

20 34

20 %

20%

20%

10%

10%.

10%

103/a

10%

lO3^

12'/8

12'/a

12 Va

ll5/a

12

*113/4

12

92a/i

92

92

*91

92

*102

10 %

12

CLOSED

20%

10%

!

*63%

15%

*91%

92%

*92

104

Walworth Co

11%

12

1,100

Ward Baking Co common

*91

92

133/fl

13%

13%

13%

34%

34 '/a

34'%

34

34%

33%

33 3A

51

50%

50 3/4

49%

50 Vo

126 %

126 %

124

125 3/8

*21 Va

*19%

19%

*

24

*21%

19%

19'/a

19%

23%
33%

24

23%

2 3 3/8

23

33 %

33%

*33

6'/a

6Va

6

6 Va

51%

26 Va

51%

86

85

26%

51%
*85 Va

j;5

'/*

34

*33'%

|

19%

22

26

%

6

125

22

6

125

50

124%

-

5 Va %

22,400

13%

35-3%

497/a

213/4

Warner

1,400

50%

5,900

126 VA

49%

50

86

86

26%

26'/a

26 Va

48 'A

85%

49

4,800

853/4

x24%
*110%

50

West

Penn

114%

120

7%

110%

IIO3/4

110%

1153/4

115

115

114

114

112%

113%

*108

108'/4

107%

108 %

107%

108 %

108

1081/4

*107%

;

115

108'A

114

130

*113%

115

113

114

113

113

*112

113

150

i

44%

44%

44

44

44

44

44

44

1

*107%

1083/4

*106

7%

7

43%

43%

42%

7%

'85/a

73/a

8

31%

27%.

^9 Va

*27%

*28%
*72:'

i

1

73-

22%

22%

35

35%

"

t

b
i

:

h

j

j

72

28%

22'/a,
34Va,
28 Vg,

28%

42%

99%.

*32%

*106

7'A

7

42'/4
7%

43
8 3/a

32

29

*28 Va

74

*72

74

22%..
35 %

34%.

99%

99

33%

33'%

99'A

33'A

363A

873/4

88%

*100'/a

101'A

46

49'A.

97

96

97

96 '/8i

96'%

96

96

*27%

27'%

27%

23%

233/4

.'

r

28:

27%.

27%4

24

24%

2374,

24

233/4.

233%.

12 Va

12%

12%

123/4

12'%

12'%

*12

*91

28

*73%
10O

44%.
94%
*27.

.22%

12%

12

92 Va

*91

*91

92Va

*91

92 Va

*91

92 Va

*31%

32 3/8

*3-1 Vz-

32%,

*31'%

323A

*31%:

323%

10 Va.

1Q Va

9%.

9Va,

93/4.

93/4

9Va

10-

footnotes

see

page




24.

-

3,400
16,500

92

10

32%

-

3.%%-

1.200

100%

37%

3.80%

700

cum
cum

Weston Elec

1,500

88%

No par

6

May 17

37% Jan

16

9%

Sep

163/4

31%

Sep

43% July

4

85 Vo

89 Va
45

Aug
Apr

108

Sep
Sep
Sep

119

Aug

115

Jan

122%

Feb

106

Sep

113%

Oct

117% Aug
119% May

14

105

6

112% Jan

14

9

116% Aug 19

100

2nd

32% May 19
106'A Nov

28

90

47

Oct

14

32% Nov

Jan

27

111% Sep

1

5% May 19

10 Vs.. Jan

38% May 19

75% Jan

pfd

4

May 16

RR

29

113

10

100

com

4,
6

8%. Nov

22.

7% Dec
57

5%

com

Nov

25

14

42% Feb

18

27

Sep

71

90'

Mar 29

71

Oct

12%

pfd series A
pfd series B

93

Jan

2

98

Nov

13

12.50

30

Nov

17

No par
No par

Instrument

100
100

26

Jan

Sep
Sep

9% May 17
15

35

13'/a

26% Nov 17
Nov

Jun

116% Apr

90 Va May

No par

32

53%

Apr

Jan

100

com

Feb

7

2
34% Jan
117% Mar 11

111% Oct

Jan

343/4

21

121% Jan

May

Sep

47%

Feb

112% Nov 26

1

29%

Sep

52% Nov

A__No par

class

Sep
Oct

12% Jan

83% May 22
21% May 19
110% Jan
3

60

101'A

-

45%

260

28

300

23%

9%

5%%.

conv

Jan

32%

Jan

56 Va

Jun

101

Apr

18 '/a

Oct

53 3,6., Jan

26%

Oct

41%. Jun

21 Va, Nov

39%, Jan

Aug 20

91

Deo

95

106%. July 211
55
Jan 24

39

May

105

White Dental Mfg (The S S>_

White

Motor

White

Sewing Machine

r

r
1,500

loo

Wheeling Steel Corp com—No
-$&■■conv;prior pref—
No

$4

conv,:

Co

preferred:

Prior'Rfe^rredQil; Cm

Wilcox

May 14
87'A Nov 18
62%-Mar 27

102 Va July 18

100

com

preferred-

700

92%'
32%

preferred

1,600

■

9%

$3.75

Wheeling $ L Erie Ry

10

4,000

95 Va

12

Common

320

75

*31%
.

"For

No par

20

20%
31

Deo

63 % Jun

Westvaco Chlorine Prod—

38%

49'A

*27'%

31%

87%.

*96%

H

*88

*99%

*37%,

49.'A

com

17

33'A

49 3A.

5

22

99

49%,

4

30% July 28

33%

49%

49 Va

18

Feb

38% Oct

99'A

75

8

26% Feb

26% Sep

6,200

28%

*73.'%

23% Feb
41

22% Mayl9'

34%

28

74

17% May 20
20
Sep 30
30% May 23

17
May 19
27,%, May 19

34V4.

28%
93%

*100%. 101'A

5

Westinghouse Electric

34%,

28'A

73

73

1.00

22

Preferred, series A
100
Western Union Teleg class A_No
par
Westinghouse Air Brake
No par

93%

36 3/a

Jan

Western

34 'A

88

27

100

28 3/a.

36

18

500

34%.

88

35 V4 Mar

21% Nov

73

21%

36

Dec

Dec

par

100

Pacific

107% Feb
233/4 Aug

25%

preferred

non-cum

Sep

Jan

9

28

95

28'/a,
*92

4%

100

Oct

Jun
18 3/4. July

39

Western Air Lines Inc
Western Auto Supply Co

8,600

xl 1% Mar

50

13

Sep

28

20%

88'%

100

313/4

20'A

Jan

Jan

99

1

Ry

293/a

Oct

18%

Sugar Corp

Maryland

Nov

9V4

25

31

6%
preferred
100
West Penn Power 4%%
pfd
100
West Va Pulp & Paper com__No
par

Western

23%

24

Inc

Electric

105

Nov

preferred

4%%

7

*71

213%

35%,
*68

900
2.100

18,500

21%

88%.

73

30%

7

8

22

88%
101

31

10

41%

99'%.

99

33%

31

400

106%

*33'A

28%

95'%

*94

213/a

35%

j

734

29%

74

35 %

*68

6%
41

8 Va

29

88%
*100.

42'A.

*28

■'
.

7%

106%

7

733/4

! i

i

42

1073/4

29 Va

95'%

*94

107%

*7

29

27%

!>',

*106

13

5

preferred

110%

111

*115

114

conv

Indies

*110%

110%

$4
West

106% Mar

3

51

I

Wesson Oil & Snowdr

6,300

13% Feb
19%. Feb

126 % Nov

Wayne Knitting Mills
Wayne Pump Co

370

24 Va

21

July 17
24% Jan
7

5

1,700

85%

Nov

100

com

preferred

21'A

523/4

92

109

Oct

21

Tobacco

Mar

18

Nov

33'%

Webster

111

Nov

16%

22%

1.800

Apr

102

xl7% May 14
7% May 19
11
May 21

22

33%

6

Apr

7

Waukesha Motor Co

6

Jun

54

21

Washington Gas Light Co—No

6

Feb

23%

Dec

50

18% Feb

700

6

86

Oct

33%

11.

36% Nov

300

400

Sep

15%

36% Feb

May 14

19'A
33 3A

75% Feb 18

17% Jan 25

13% Nov 25

22

33%

Apr 16

13% Apr 21
29% Apr 30

21.

5

19'A

i

1

conv

cum

57

No par

21%

26

7

100

Pictures

19%

8534

1073/4

3%%

1

preferred
Bros

Warren Foundry & Pipe
Warren Petroleum Corp

1.220

i

*7

No par

19 %

51

*43%

No par

21 %

*

51 Va

44

& W

21Va

26 %

*110%

G

21%

86

110%

(Hiram)

20

13 Va

124%

100

Walker

2,800

50

21%

100

preferred

3,000

10%

35%

124

preferred

common

20%

13%

13%

Co

10 'A

35%

13%

4%%

2OV4

49%

13%

4%

40

RR

99

May

103

par

31>

May 19

53,Va Oct 21

94

May 28

101%, Mar 31
34
Feb
7,

par

20
1

com

__l
No par

2

26% May 19
19%'May 19
9% May 19
84

July -31

20

29%, May 13,

5

5%- May. 17;,

37% Nov 28
75

Oct 27
Feb

13>

98

Nov

107% Jan

63

Aug
Oct

106

10Q.

36%, Nov,
90% Nov,

72

Jan,
Jan

62% May.

107%. July

27%. Feb.

44

29% Feb

8

21% Nov

44

17%, Feb
90
Feb

1

11% Nov

233/a July

3;

34;
Feb 13t10% NOV 19

81%., Sep
30'

Nov

5% Oct

105
36

12 %

MayJan

July

May
Jan,

23

24

RECORD

NEW YORK STOCK

Range for Previous
Year 1946

STOCKS

4

$

share

per

9%

9%

15%
91

*90%

93

19

19%

*19

19%

18'A

18%

16%

18%

18%

17

18

*18

32%

32% *'32%

46%

46%

46%

46 3 8

61%

59

59%

*58

82

79%

79%

*78

80

86

*85

86

68%

*66

*79

86

*86

88

*65

68%

*60

'

9%

9%

37%

37%

36%

37%

12%

13

12

12%

43

43

21%

13

44

*43

*21

21%

211/4

Woodward

Iron

44%

7,900

Woolworth

(P W)

58

58

50

84%

80

84 %
*67

69
63

900

3,899,000

a

Foreign

No par

14% May 19

23% Oct 23

53% Mav 17

4%%

Bonds

HIGH

Week Ended Nov. 28, 1947

231,745

246,823

$20,246,000

$932,211,920

998,583

1,405,876

65,451,827

$958,000

$796,000

$74,037,000

$63,181,000

43,000

96,000

7,113,000

10.789,000

Foreign government

3,000

476,000

Foreign corporate

44,000

528,000

$1,045,000

$895,000

$81,678,000

$74,446,000

of shares

New York Stock Exchange

«»

WEEKLY

-

YEARLY

-

bonds. Cash and deferred delivery sales are disregarded In the week's range, unless they are
footnote in the week in which they occur. No account is taken of such sales in computing the
month
the bonds mature.

PRICES

Low

32d of a point.

NEW

the Week

Nov. 28

YORK

Low

High

Low

Low

High

*104.6

104.8

*104.6

104.8

*104.6

104.8

104.8

106.22

*106.17

106.19

Treasury

3s

106.22

*106.20

106.18

106.23

*106.20

*106.16

*106.21

*109.11

109.13

*109.8

109.10

Treasury

2%s

109.13

109.11

109.13

*109.11

*109.9

*109.11

100.20

*100.17

100.19

*100.17

100.19

flTreasury

2%s
2%s
2%s

Treasury

*100.19

100.21

*100.18

100.20

*105.10

105.12

*105.9

105.11

Treasury

105.12

105.11

105.13

*105.10

*105.9

*105.11

109.31

*109.24

109.26

109.24

110

*109.29

*109.22

*109.30

109.31

Treasury

*109.29

*110.30

111

*110.24

110.26

Treasury

2%s

*110.30

111

110.24

111.1

*110.22

*110.31

Treasury

2%s

112.10

*111.30

*112.8

112.1

112

*

*101.9

101.11

*101.8

2%s
2%s

*102.30

103

*103.27

103.29

112.9

*112.7

112.9

*111.21

101.10

*101.8

101.10

*101.8

101.10

*101.8

101.10

Treasury

102.31

*102.28

102.30

*102.28

102.30

*102.28

102.30

Treasury

*102.29

103.28

*103.26

103.28

*103.24

103.26

*103.23

103.25

*103.23

103.25

*103.24

103.26

Treasury

105.4

*105.1

105.3

*105.1

105.3

Treasury

1958-1963
1960-19B3
1948
1949-1953
1950-1952
1952-1954
1956-1958
1962-1967
1963-1968
June 1964-1969

2%s

103.28

*103.26

Treasury

*103.26

2%s
2%s
2%s
2%s
2%s

*102.21

102.23

*

102.26

*102.20

102.22

*102.9

102.11

*102.7

102.9

*102.6

102.8

*102.6

102.8

*101.29

101.31

*101.28

101.30

*101.27

101.29

*101.27

101.29

*102.20

Thanksgiving
Day

102.22

Treasury

*102.6

102.8

Treasury

*101.27

101.29

Treasury

2%s

Dec. 1964-1969

2%s
2%s
Treasury 2%s

1965-1970
1966-1971
June 1967-1972
Sept. 1967-1972
Dec. 1967-1972
1951-1953

*101.27

101.29

*1.01.26

101.28

*101.26

101.28

Treasury

101.30

101.28

*101.28

101.29

*101.26

101.23

*101.25

101.27

*101.25

101.27

*101.25

101.27

Treasury

*101.27

*101.25

101.27

*101.24

101.26

101.26

Treasury

101.28

101.26

*101.26

*101.24

*100.31

101.1

*100.31

101.1

*100.31

101.1

*100.31

101.1

*100.31

101.1

*103.17

103.19

*103.15

103.17

*103.8

103.10

*103.7

103.9

*100.31

101.1

*100.31

101.1

*100.31

101.1

*100.31

101.1

Treasury
Treasury

*103.22; 103.24

*101.24

*101.26

Treasury 2%s

,

2%s
2'As
2%s
2%s
2 %s

*100.31

101.1

*104.4

104.6

*104.3

104.5

*104.3

104.5

*104.2

104.4

*104.1

104.3

102.25

*102.23

102.25

*102:23

102.25

*102.23

102.25

*102.24

102.26

Treasury

*102.23

*105.20

105.22

*105.20

105.22

*105.20

105.22

Treasury

*103.13

103.15

*103.12

103.14

*103.12

103.14

Treasury

*100.14

100.16

Treasury 2 %s

*100.14

100.16

Treasury

2%s

Treasury

2s

*105.19

105.21

*105.20

105.22

*103.14

103.16

*103.13

103.15

*100.13

100.15

*100.12

100.14

*100.12

100.14

*100.13

100.15

*100.13

100.15

*100.12

100.14

*100.12

100.14

*100.13

100.15

«

*100.3

■

1

O

«

1—,

_

UTreasury 2s

100.11

*

*100.9"

100.11

*100~8~

100TO

*100.8

100.10

*101.5

101.7

*101.4

101.6

*101.4

101.6

*101.4

101.6

*101.4

101.6

*101.5

101.7

*101.5

101.7

*101.5

101.7

*101.5

101.7

*101.5

101.7

101.10

*101.8

101.10

*101.8

101.10

*101.8

101.10!

*101.8

101.10

Treasury 2s

*101.8

Treasury 2s

*100.9

100.9

100.11

Treasury

2s

Treasury 2s

*101.11

101.13

*101.11

101.13

*101.11

101.13

*101.10

101.12

*101.10

101.12

101.15

*101.12

101.14

*101.12

101.14

*101.12

101.14

*101.12

101.14

Treasury

*101.13

*101.17

*101.16

101.18

*101.17

101.19

*101.16

101.18

*101.16

101.18

Treasury 2s

101.19

101.23

*101.20

101.22

Treasury

2s

2s

2s

*101.22

101.24

*101.21

101.23

*101.21

♦101.25

101.27

*101.25

101.27

*101.26

101.28

*101.26

101.28

Treasury

*101.27 101.29
101.28

*101.26

101.28

*101.26

101.28

*101.25

101.27

*101.24

101.26

Treasury 2s

♦101.26

101.31

*101.29

*101.28

101.29

*101.29

101.31

Treasury

*103.22

103.24

*103.23

*100.13

100.15

*100.13

100.15

*100.12

100.14

*100.12

♦100.15

100.17

♦100.15

100.17

*100.14

*101.22

101.24

*100.16 100.18

*

98.6
*98
♦Bid

99.24
and

98.16

103.25

101.30

♦101.28

101.30

*101.27

103.25

*103.22

103.24

*103.24

103.26

2s
Treasury 2s

100.14

*100.12

100.14

Treasury

100.16

*100.15

100.17

Treasury

*97.4

98.2

10,000

*97.6

98

54,000

98.12

97.28
98.8

98.12

No sales

98.8

transacted this day.

l%s
l%s

98.8

(IBeing called for redemption March 15, 1948 at 100.

10-year

—1956-1959
June 1959-1962
Dec. 1959-1962
1947
March 1948-1950
Dec. 1948-1950
June I94y-l95i
Sept. 1949-1951
Dec. 1949-1951
March 1950-1952

Sept. 1950-1952
1951-1953
1951-1955
June 1952-1954
Dec. 1952-1954
1953-1955
1948
1950

2%s

25-year
a

3s

Odd lot

104.25
107.20
111.23
101.8
106.13

Sep
Oct
Sep
July
July

30
3
22
24
24

106.6
108.21
112.6
102.6
106.13

Feb
Feb
Feb
Feb
July

transaction,

1957
1972

Previous

Year 1946

Highest

Lowest

2l
4
3
4
24

111.18 Feb

Jun

110.3

Jan

112.21 Aug

115.26

102.11

Dec

102.12

107.5

Deo

109.22

Feb

113.12 Aug

115.23

Apr

113.3

Nov

Deo

_

Nov

113.3

114.8

May 14

114.8 May 14
—

_

104.12Feb 21

104.12Feb 21

118.23

Apr

106

Feb

106

118.15 Mar

Apr

107.15 Jan

106.16 May
105.29 Aug

107.5

Jan

Jun

108.4

Jun

108.4

104.24 July 14
104.14 Sep 2
104.4 Jan 2
102.5
102.5
102.3
102.12
105.17
101

Nov 8
Nov 10
Nov 7
Oct 14
Jun
2
Nov 18

104.24 July 14
104.23 Feb 14
104.18 Apr 30
104.4 Jan
104.10 May
104.15 Apr
103.20 Apr
105.17 Jun
103.19 Apr

13
9

12
9
2
10

104.7

Nov

107.27 Apr
107.4
Apr

103

Jan

107.9

105.22 May

Apr

107.19 Apr

102.22 Jan

Apr

102.11 Jan

107.9

102.11 Jan

107.10 Apr

101.16 Jan

106.15 'Apr

106.28 Apr

109.15

Feb

101.15 Jan

106.16

Apr

106.15 Aug

106.15 Aug

108.17 Aug

10~8.17

104.22 Sep

107.14 Apr

__

__

105.17 Feb

7

102.6 Sep 30
102.5 Jan 6

105.18 Sep

8

102.24 May 14
102.24 May 8

100.29 Jan

104.10 Apr

7

100.13 Nov

7

i

•

'

_

_

102.4
102.23
102.30
102.28
102.28

July 22
Apr 24
Apr 24
Jun 13
July 21

100.30 Apr 9
100.26 Oct 20

;
; :
97.28 Nov 25
98.8 Nov 25

102.12 Apr 9
102.6 May 27
102.23 Apr
102.25 Apr
103.1 Apr
103.2 Jan
103.4 July
101.2
101.8

9
12
26
24
21

Jan 29
Apr 26

! 'Apr

102

'• Apr

!•__> .r--:

Deo

102:8 ;

Jan

103.9

Jan

10~3_.22l

rRegistered bond transaction. •

-

-"TTTTTTH

Dec
Jan
'

i

Feb

Mar

102.16 Oct

104.3

102.20 Oct
103.13 May

104.14; Jan
103.13 May

102.14 Nov

104.26 Peb

102.22 NOV

104.29 Peb

101.14 May

101*. 31

101.3

Mar

102.17 Mar

Sep

•-

5

;'r ' ■ •
102.00 July 15
103.4 July 15

m

104,7

f

102.8

103.7

.

Apr

103.9

102.12 Apr 9
102
July 7

•

Aug

Jan

101.4

•

100.13 Nov

i

1

.

102

?

•

,

1952-1955
1954-1950

International Bank for
Reconstruction & Development

97.28

98.13

asked price.




*103.23

1949-1952
1951-1955
1955-1960
1948-1951
1951-1954
1956-1959

3%s

*100.18

*102.24

Range for

Range Since January 1
Lowest
Highest

STOCK

EXCHANGE

Bonds ($)

High

the only transactions of
range for the year.

GOVERNMENT BOND*

Sales for

Friday

Thursday
Nov. 27

*105.2

1946

Bonds

$1,234,53^,600

105.4

28

Jan. 1 to Nov.

127,757,414

Domestic

18,906,000

*105.2

188,000

$1,045,000

1947

1946

1947

73,607,400
1,142 122,700

*103.23

343,000

$44,000

$43,000

Week Ended Nov. 28

70,682,520
837,418,400

105.5

194,000

10,000

32,000

$958,000

1946

21,000,000

103.25

$2,000

-

to Nov.

Jan. 1
1947

High

Total

245,000

158,000

998,533

Total

Low

Value)

Foreign
Corporate

11,000

Thursday

4,395,000

Stocks—No.

*103.23

Exchange

26,000
Holiday

$18,801,500

*105.3

Apr

$6,000

181,000

307,000

*104.6

102.2Q__102.22

239,000

219,235

$17,840,000

$3,111,000

103.25

Jan

14%

Jan

$75,000

217,310

104.10

112.7

42%

Sep

$75,000

Tuesday

*104.8

High

Dec

9

Bonds (Par

333,406,740

Nov. 26

19 Ve

31

Foreign

83,470

Saturday

225,631,832

Wednesday

Jan

Government

Domestic

Shares)

Wednesday

for income and defaulted

SALE

31

7

10% Jan

of

and when outside of the regular weekly range are shown in a
italic letters in the column headed "Interest Period" indicate in each case the
when
Figures after decimal point represent one or more

Nov. 25

83% May

Nov

15%

Stocks

3,638,000

1,268,000

Tuesday

35*%

Sep

It

sales, wd When distributed, x Ex-dividends, y Ex-rights.

4,206,000

The

Nov. 24

Oct

57%

July

25

5

(Number

4,374,000

FRIDAY

Monday

5% Jun

Jun

21

21% Feb

May 17

14% May 19

No par
1

Corp

Products

Sales

$1,227,000

Bond Record

Nov. 22

.No par

Apr

25%

20

Oct

83

Feb

82%

Daily, Weekly and Yearly

4,578,205

$17,840,000

Saturday

preferred
& Wire

cum

Bond

1946

"and interest"—except

11

45

Aug

106

50% Mar 31

Total

Government

$64,000

16,083,000
;

High

61% July

27% Jan

3

16% Feb

May 19

Transactions at the New York Curb

United States

Int'l
Bank

1,693,000

Foreign
Railroad ft Industrial

Low

Oct

13% Nov

Jan

10% May 19
41

common

Young Spring

York Stock Exchange

$64,000

International Bank

AND

33

33% Aug 28

1
50

Corp

Deferred delivery, n New stock, r Cash sale, s Special

$72,000

LOW

Deo

Zonite

Bonds
U. 8. Government

are

13%

Zenith Radio Corp

3,812,320

Stocks—No. ol shares

NOTICE—Prices

18% Feb

1,700

1947

week,

70 Va Mar

2,200

Week Ended Nov. 28

the

23

May 17

8

6%

$1,693,000

$16,083,000

Total

Nov

62

87%

Youngstown Sheet & Tube—No par

600

700

6 %

Bonds
Bonds
$52,000
361,000
$19,000
407,000
35,000
377,000
10,000
Holiday
496,000

Bonds

$1,175,000
3,994,000
3,764,000
3,251,000

3,812,320

Total

Feb

19%

Railroad
of and Miscel.

927,860

80

19

tin receivership,

sales on this day.

Thursday-"
Friday

29

15

Daily, Weekly and Yearly

——

Oct

Youngstown Steel Door

Transactions at the New

Tuesday

May

1,400

6 '4

Monday-

103

57

Sep
75 % Dec
59% Oct

17

19%

Wednesday

Apr

Feb

16%

6%

Shares

100

100

18

19%

324,150
788,280
864.570
907,460

74

Sep

9

6,600

6%

28,1947

Sep

84%

Jun

76%

19%

Week Ended Nov.

47

84

20%

19%

Feb

53

68% Feb

75

20'4

May

62% May

94 % Apr

42%

20

Jun

52

Sep

24

77%

20%

160

Feb

43%

79 % Nov

21%

*20 %

Mar

34

48% May 19

43

xl7 %

142

10

Nov

33

25

Mfg Co

Towne

&

July
Feb

21%

Oct

145% May 19

May 19

43

series

*201/2

18%

Saturday

14

X42 %

18 %

Number

17

Yale

76

101

21

25

Oct

Nov

York

76%

Stocks,

18'/8 Nov

% Nov

32

1,500

18%

no

15

135

2,300

78%

and asked prices;

15%

July

21

12%

18%

*Bid

19

Nov

35%

77%

6 'a

Nov

19

12%

18%

6 %

28

20

36%

78%

614

99

25

36

*18%

6%

19
27

Nov

Xl2

'

6

Nov
Jun

9%

77%

78

1,100

9%

Jan

Jan

21

12%

Sep
95% Sep

97/a

*9%

23

16

100
Prior pfd 4%% conv series—100
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co
5

40

62

Co

pfd 4%%

Prior

Oct

16

10
10

(new)

17

share

24

91

P & M (Del)—No par

Worthington

300

80

63%

9%

22

86%

2,500

*78

69

64%

44

79%

CLOSED

63

9%

13

STOCK
EXCHANGE

69

Co

32%

11

26%

Nov

9

64% Oct

10
10% May 19

Highest
t per

S per share

13% Feb

51% Sep

100

preferred

6%

144

44%

45%

60%

63%

*63%

200

32%

32%

68%

9%

21%

8,600

*84%

64%

*43

2,800

16%

16

*137

*78

9%

.

16%

16%

16%

16'/a
144

58 %

*

64%

37%

1,500

44%

46 '/a
60

63%

*37

18%

32%

32%

32%
*59%

45 %

93

*18

*137

144

32%

*90%

183/a

15%

16%

15%

5,900

15V4
91

16'/a

16%

16

15%

14%

900

15'/a

*18%

19%

*137

58%

58

$ per share

share

6% May 17

Willys-Overland Motors com
1
$4.50 conv pfd series A
No par
Wilson & Co Inc com
No par
$4.25 preferred
No par
Wilson-Jones Co
10
Wisconsin El Pwr Co "Reg Way"_l0
Common
"when dist"
10

9,000

91

15%
93

18%

8%

8%

59%

59

60

*90%

144

*135

144

*137

87/a

9

15

15%

15%

15%
91

share

59%

60%

eo%

61

*60%

9 %

9

8%

per

87/a

share

per

Highest

t per

Par

Shares

$ per share

1 per share

share

Lowest

Lowest

EXCHANGE

the Week

Nov. 28

Nov. 27

S per

Range Since January 1

YORK STOCK

NEW

Sales for

Friday

Thursday

Nov. 26

Nov,.25
S

PRICES

Wednesday

Tuesday

Nov. 24

Nov. 32

SALE

HIGH

AND

LOW

Monday

Saturday

1947

Monday, December 1,

CHRONICLE

& FINANCIAL

COMMERCIAL

THE

(2228)

1

»

1

;•

!■?%

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4651

Volume 166

YORK

NEW

RANGE

Week's

Friday
Interest

Stock Exchange

Last

or

Period

BONDS
York

New

Sale Price

LiU

WEEK

t\

Low

Range Since

Sold

January 1

No.

Low

High

York

Unification Issue—

Interest

(Republic of)
loan

of

5s

to

6%)

6s

1942

External

extended

4s extl

3 Vis
3s

extl

French

REctor 2-2300

120

Greek

New York Stock Exchange

Broadway,

New

NY

York

105 Va

106

105 Va 105 V'e
*105

A-0

A-0
J-J

111'/a

110

98

99

90'/a

183% 100%

28

102

1

98 '/a

115'/a

84

83 Va

102

101

1955

F-A

91 Vi

91 Vi

91 Vi

11

817a

A-O

83%

83%

84

22

75'/a

102'/a
1017.

Jan 1,1976
Jan 1,1976

t

*55

J-J

J-J

53

45 'A

13

62

397s

62

43%

53'A
48

36

38

19%

20

14

84

35

98

3&

5

105

—Jan 1,1976

Republic

J-J

1W49

M-S

*99 Va 103 Vi

1960

A-O

*78

i960

M-Jf

1957
1954

A-O

1943

extl

J-J

1967

M-N

9

9%

J-J

87a

97a

16'/a

7s

7s

38

Government—

part

A6s

1-1693

106

106

A-0

1962

(Republic of)

A7s

T eletype

104'/a

116'/a
104y8 107'/a
105'/a 115'/a

111'/a

102

f $

f

102'/a

--

*100%

1942

$

s

s

AEstonla

Wertheim & Co.

f

s

102%

*114'/4 116

J-J

Range Since
January I
Low ' High

No.

of)—

iJttepubuc

extl

Sold

100%

F-A

(called bonds)

oaivaaor

Bonds

—

*102%

J-D

1960

to

gold 5 '/2b
gold
4 Vis

External
Wti

High

1949

lADenmark 20-year extl 6s

Foreign Securities

Friday's

Bid & Asked

1977

4Vis

4%s external debt

ASinklng fund 8s series B
1952
Stamped assented (int reduced

Members

or

M-S

1949

1914

Sinking fund 5 Vis
1953
ACaechoslovakia (Rep of) 8s ser A_1951

Telephone

Sale Price

Week's Range

Last

Period

Exchange

Low

114 %

105 A

33

10511 IO6V4

106

J-D

Stock

High

External

1980

>S

BONDS
New

Cuba

Corporate Stock

3%

(2229)

RECORD

NOVEMBER

Friday
Bonds

netl

New York City
Tranidt

BOND
ENDING

Range

Friday's
tv

FOR

"

part

Heislngfors

paid
(City) ext 6 Vis

Irish Free State extl

s

f 5s_

AJugoslavla (State Mtge Bk)
AMedellin (Colombia) 6Vis

7s

85

*

57s

7

105
12
45

29

22

41

40

41

153/a
100 %

104

100

*5%

J-D

16%

6'/a

74'/a

6%

Vi

6

7%

7%

7%

1964
1968

paid™

Mexican Irrigation—

§A4Vis assented

Foreign Govt. & Municipal

Ass'td

Agricultural Mtge Bank (Colombia)—
§ AGtd sink fund 6s
1947
sink

AGtd

Akershus

fund

iAAntioquia

407a

41

10

21

45

40 %

41

3

19%

45

A-0

41

40 7a

41

6

18%

45

2d

7s

1958

•_

15-year 33/«s

f

External

s

f

external 8s

Stamped pursuant to Plan A
(Int reduced to 3.5% )

s

45

84

88%

95

88%

82

87%

91%

88'/a

88

89 '/4

89«A

89%

25

89 74

87

87

87%

85

87

101

102

107%

1

104 7a

109

J-D

112

112

J-D

1979
1957

A-0

—

33As Series No. 5

44

3Vis Series No. 8—.
3Vis Series No. 9

3 Vis Series No.

12
14

15

2L

5174

7

44

63

637a

637a

6

56

70

53 74

*50'A

55%

9

62

617a

65%

617a

6174

15

67 7a

67 Va

1

693/8

65

85

74

66'/a

83'/a

78

83'/j

70
62

1

61

61%

3

83 7a
62%

56 Va

*6178
6178

61%
61 %

62'A

55'/a

10

*61

63

55

6

61 V'4

61%

6

61'/4

62 %

55'/a

__

62'/a

553/8

61%

8

55

62'A

55

62

61 Va

61 Va

3

55

62

62

1

54 3A

62 "2

*60%

62

bl

*61 7a

63

—

61 Va

—

3Vis Series No. 26

—

54%

__

__

*61

62

3Vis Series No. 29

__

56'/a

M-S
F-A
J-D

55

*60%

54%

*60%

—

99 7a

62'/8
62

62
62

5

96

102

96

104

13

99 >2

*96 7a

100

99%

100 Vi 102

--

62
62

55'/a

8

*60%

3Vis Series No. 28

63

547a

63

61

62

62'/a

57 Va

10

61 Vi

61

61 Vi

—

3 Vis Series No. 27

62
62

60

42

61%

61

*60%

61 Va

547a

62

*60%

—

1957
1958
1950

a

66'/a
55

_

62

61%

—

f 5s
Sinking fund gold 5s
Sinking fund gold 6s

65

66'A

72

61;,4

3Vis Series No. 24

3Vis Series No. 30

65%
653A

64

*6174

*66 7a

3Vis Series No. 23

•

61

43

65'A

—

s

59'/a

44

—

55%
55%

—

1023A

of) —

1984

external s f $ bonds

100

J-J

of)

(Dominion

1942
1960

A-0
J-J
J-J
M-N
M-N
A-O

1960

92%

1

100

100

H-4 O O

Feb 1961

F-A

s

1961
1954
1942

(City) 8s

JAChile (Rep)

External

f 7s

§A7s assented

AExternal sinking fund 6s
A6s
assented
AExtl

sinking fund 6s

A6s assented

_

109'A

104 Vi

104 74 104 7a

55

104 Vi

110 7a

e

*217a

207a

M-N

69

102%

J-D

102

102

"l

99%

102

M-S

106

106

6

105'/a

106

iAPernambuco (State of) 7s
1947
Stamped pursuant to Plan A
(Int reduced to 2,1257c)—.—2008
A Peru
(Rep of) external 7s
1959
ANat loan extl s f 6s 1st ser
1960
ANat loan extl s f 6s 2d ser
1961

M-S

*31

37

32%

40

*23 7a

29

24'/a

36
22

AStablllzation loan
A4%s

:

5s__

A 68

A4Vis assented
APorto

217a

21%

1

207a

21 %

10

18 7a

18%

6

18'A

273/4

21

—

Oct 1961

25%

19'A
217a

18 7a

18%

3

18'/a

18%

3

23%

173/4

26%

173/4

27
27

17%

*7'/2

10 Vi

16
--

*74

A-O
M-N
F-A
J-D
Af-N

45

1947

Copenhagen (City) 5s__
25-year gold 4'/is
ACosta Rica (Rep of) 7s

1953
1951

M-N

__

173/4

27

477a

41

*45

—

54

45

45

84'A

—

15

A-0

21%

19

21

A-0

*8 7a

A-0

*874

A-0

*16%

A-O

~8'/a

J-J

10

Stamped pursuant to Plan A
'Tut reduced to 2.25%)

2006

J-D

10

*34

—

29

A-0

2012

F-A
A-0

*36 Vi

A-0

1921_^
1946
Stamped pursuant to Plan A
(Int reduced to 2;5%)
;-1999
ASs external sink fund gold
1968

26

26

J-J

2001
1953

*34

—

—-

1946

de Janeiro (City of) 8s
diamped pursuant to Plan A
(Int reduced to 2.375%)
AExternal sec 6Vis

i ARio

Stamped pursuant to Plan A
(Int reduced to 2%)
Bio Grande do Sul (State of) —
{A8s extl

loan of

Stamped pursuant to Plan
(Int reduced to 2%)
A7a external loan of 1926

Stamped pursuant
(Int reduced to
municipal loan
Stamped pursuant
(Int reduced to

A

2012
1966

to Plan A
2.25 %)

2004
1967

a7s

to Plan A
2.257c)

Paulo (City) 8s
Stamped pursuant to Plan
(Int reduced to 2.3757c)
A6Vis extl secured s f

Stamped pursuant to Plan
'Int reduced to 2%)
Paulo

(State)

A 8s

28 Vi

F-A

*33

--

25

25

*34

—

1952
1957

J-D

1936
A

1"9

1

10

10

7%

8%
--

—

—

—

1

26
43

4

42

—

9

25 7a

38

29

33

39%

25

33

34

—

28 7a

—

41

26

35%

31

39%

25

35

34

40%

M-N

27

35

32%

4

30

37%

26

26

J-D

1

26

*32 "2

—

*25

J-D

*32 Va

—

28

41

—

M-N

—

*25

J-j

*42

--

*33

J-J

32

33

39

31%

35

42

37

31'A

42

24'4

20

36 7a
—

33

27%

—

30
33

--

31
39

25

--

CM m

M-N

23
31

24%

3
—

--

41

40

447a

68

37'/a

--

647a

J-J

46

67

1950

external

Stamped pursuant to Plan
(Int
reduced 2.5%)

*33

40

42

65

48

56 '/a

A

*42

--

--

—

82

.

16'/a

90

*16%

18%

90

41%

"
•.

s

f 7s

1940

—

Stamped pursuant to Plan A
(Int reduced to 3.57c)

*33'/2

35

33

55

*79

85 'A

85

91%

*69

A-0
A-0

A-0

1978

73

657a

803/4

For

Financial In$titutions

FOREIGN

SECURITIES

FIRM TRADING

MARKETS

42

53

CARL MARKS & P.O. INC.
FOREIGN SECURITIES

SPECIALISTS

62%

50

50

50 Broad Si.. Now

York 4. N. Y.

54%

45

7
.

I ASecured

J-J

25%

1

„

85%.,

80

-

water loan

79

97'/a

22

78

16

20%

2-0050

:

Teletype NY 1-971

96%

r—

Telephone HAnover

——

■F'

For

footnotes see page 28.
.

'

1

m




1

1

1

1

1

1

—w

243/4
21

38

32

1

29

33

32%

__

A
2012

21%

27.78

*

2001

29'/a

7%

3

8 7a

21

16 3/i

27 7a

A

8s

Stamped pursuant to Plan
(Int reduced 2.57c )

—

2004

ASan

__

*7%

J-J

8

__

8 7a

2001
1966

....

253/4

17'/a

72

46

*45

81

22

27

72

*74

1947
1946

lAColombia Mtge Bank 6V2S
§ASlnking fund 7s of 1926
5 ASinking fund 7s of 1927

16%

26

7%

__

18

173/4

19%

12

18 %
__

46 Va

21%

16 7a

25'/a

21

18%

A-O

15

273A

19 Vi

__

A-0

16

31

26%

19

19%

J-J

1961

8s

21

16'/a

273A

19'A

__

1970

(City of)

Alegre

Stamped pursuant to Plan A
(Int reduced to 2.375%)
AExternal loan 7 Vis

16%

16'A

16 7a

J-D

2012

M-N

Jan 1961

of 1927

,3s external s f $ bonds

assented—,
fund gold 8s

AExternal sink

16%
16 74

M-S

Stamped pursuant to Plan A
tint rt-uueed to 27c )

M-N

—

1958
1947
1968
1950
1963

f 7s

M-S

—

4

*•

.

s

—

59

A-O

J-D

Ry)

(Hukuang

iff

i940

(Rep of) gold 6s
AiVis assented

lAPoland

*100

60

1963

1951

t♦

assented, 5s

40

A-O

AChinese

(Republic)—

48

1963

Colombia' (Republic of)—
A,6» Ofi 1928

104

*38

1962

__

94

2004
1968

6

MrS
M-S

1

28

*21.7a

Af-N

94

1967

A-0

273/4

12

_1960

10S

183/4

20%

—I960

98%

100

69

94

100

1053/4

1

18%

21

20%

—1962

89

89
100

10

__

207a

assented——

89%

89%

A-O

427a

207a

assented

90

F-A

42%

J-D

A 6s

1053/4

4.9

207a

AOhilean Cons Munic 7s

90
88

9

■*33 'i

20'/a

Af-N

106

2

36

*39

M-S
A-O

'

92

90

J-J

28'/a

__

92'/a

90

M-S

273/4

__

92

A-0

1099
1956

28%

A-O

M-S

Stamped pursuant to Plan A
(Int reduced to 2.257c)
A6s extl dollar loan

18'/a

1961
—1962

97%

A7s extl

19'A

.1961

33

92

2

273A

20%

assented———
^Guaranteed sink fund 6s

25'/a
92

273/4

1

A6s

25 Vi
92

M-N

27 7a

59

^Guaranteed sink fund 6s

407a

25%

1

19 'A

21'/a

18 Vi

33%

34

~5

19

21%

J-D
J-D
J-D

34

34

20%

21

1957
_1957
1961
1961

26

29

*25'/a
MS

6

2174

:

40%

34

21'/a

Mortgage Bank 6'/2S
V} A6%? assented
ASinking fund. 6%s_—
■it A6ViS
assented——

12%

33

—

20'/4

20%

A Chile

39 7a

20%

20 7a

207a

2174

A 6s assented

A 7s

263A

20%

A6s assented

*33

J-/

*21 Va

20%

82

20'/a

J-J

AExternal sinking fund 6s

••

64

72

*217a

M-S

.

■

104

J-J

Sep 1961
—_Sep 1961
AExternal sinking fund 6s
1962

4;,

56

1961

Jan

assented.,

AExtl sinking fund 6s
,
A6s assented

,

105 7a

Jan 1961

ARy external s f 6s
A6s

104

F-A

Feb 1961

1960

374S

25-year
ACarlsbad

104

A-O

4s

us

U'/a

*11%

1963
1994

•ASan

Canada

14

12 'A

J-J

J-D

Stamp mod 3'As ext to
Ext sec ref 3Vis series B

55%

62

10

"97a

1970
1955

Municipal Bank extl s f 5s_
sink fund 4Vis

Oslo (City)

A Stamped

*79

3Vis Series No. 22

external

f

s

Fanama

65%

—

3V4s Series No. 21

3Vis

73%

29

—

19

4» sink fund extl loan

55

62

—

*

J-J

1965
1963
1957

11

26

—

17

3Vis Series No. 18

6'A

11

*9%

J-J

1957
1956

3%s

(Kingdom)

External

64

*66%

—

3Vis Series No. 16

11%

6%

J-J

73%

*66 7a

—

3 Vis Series No.

11%

2008

(Kingdom of)-4 Vis
a fund,4Vis

Norway

63

62

—

3Vis Series No.

Stamped pursuant to Plan A
(Int reduced to 2.125%)

43%

61 74

—

3Vis Series No. 13

187a
15'/a

11%

J-J

1959

55

67 Vi

—

ASec external s f 6Vis

33

62

—

11

11%

J-D

1958

25

6174

—

10

3Vis Series No.

17%

12%

Q-J

Stamped pursuant to Plan A
(Int reduced to 2.125%)_—2008

51%

613/4

—

3Vis Series No.

(State)—
ASec external s f 6Vis

51%

*50 Vi

—

(Province

60

62

—

3Vis Series No. 25

11

62

—

No. 6

3Vis Series No. 20_i._

70

507a
—

__

3Vis Series No. 7

J-J

Geraes

64

62

—

Mlnas

63

—

—

3 Vis Series

Q-J

1945
agree_1963
AAssenting 4s of 1904
1954
Ass'td to Nov 5, 1942, agree_1968
SAAssenting 4s of 1910
1945
Ass'td to Nov 5, 1942, agree_1963
jATreasury 6s of 1913 assent___1933
AAss'td to Nov 5, 1942, agree_1963

507a

A-0

33As Series No. 4

1942, agree_1968

517a

—

—

3Vis Series No.

116

56

1

63 Vi

i.

3%s Series No. 3

5,

extl 5s of 1899 £—1945

63

—

A-0

J-D

3 Vis Series No.

10 7 '/a

9

112

63 Va

63'/a

J-D
A-0

3%s Series No. 2

Nov.

lAAssenting 5s of 1899
Ass'td to Nov 5, 1942,

Netherlands
7

104 7a 104 7a

3%s Series No. 1

to

(US)

99%

104% 1057a

1978
funding bonds of 1931 due—1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B)—

3%

897a

104'/a

A-0
J-D

Aires

102

38

83%

887a

1979
1952

Buenos

109 %

90

91%

k

f 6'/aS of 1927

(City)

103

99'/a

11
166

90

101

90%

104%

1957

Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7» (Central Ry)_—
Stamped pursuant to Plan A
(Int reduced to 3.5% )

Brisbane

98

1017a

101 % 102 7B

102

M-S
.

1978

f 6'/as of 1926

Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal

45

24

1941

7s

s

26'/a

48

J-J

1955

(U S of)

AExternal

11

42

F-A
J-D
J-D
J -D
F-A

1949

6s

lABrazll

42

40

1955

Belgium external 6V2S
s

41

42

J-J

1956
1957
—1967
1966
1962

External

42

J-D

5s of '25-1955

external 5s

3'As

10-year 3Vis
20-year 3>/as
20-year 3 Vis

453A

25

f 7s 3rd series-..1957

s

(City)

17

41

f

s

Australia (Commonw'lth)

10-year

46

25'/a

12

42

41

1st series

f 7s

sec

43

A-0

1945

AExternal

41

41

1957

1945

f 7s series D

sec

42
42

1053A

series—1957

f 7s series C

s

89%

&J3I,

J-J
J-J
J-J
A-0

s

AExternal

AAntwerp

1945

s

lAExternal
lAExternal
AExternal

*88

1945

s

fAMexico

79

61

*66

M-S
J-J

f 7s series B

lAExternal

81

79

__

'

A-O

1908

4s

coll 7s A

(Dept)

F-A

194»

6s

(King of Norway)

78

*66

25

6

COMMERCIAL

THE

(2230)

&

FINANCIAL

CHRONICLE

Monday, December 1, 1947

111

tNEW

YORK

RANGE

Friday
interest

Exchange

Stock

Sale Price

or

Friday's

Bid Si Asked
Low

Serbs Croats & Slovenes
A8s

secured

A 7s

series B

sec

extl

(JProv of)
A41/2 s assented

extl

1962

M-N

1958

J-D

J-D

1957
1946

Sydney County Council 3%s
{AUruguay (Republic) extl 8s
AExternal

<'5%

M-N

1962
7s

5V4
•11

Sold
No.

Low

F-A

6%

10 Va

10%

4%

5%

6

93

140

26

13

8

121

20%

6s

1960

M-N

1964

M-N

130

*120

3y8-4,/8-41r^s extl
4.41/4.4 i/2S exti

,

M-N

1979

M-N

*82

J-D

a

F- A

*96%

1978

conv

Interest

Sale Price

Week's

Last

Period

Stock, Exchange

Range
Friday's

or

Bid Si Asked
Low

General

gold

4'/2s

ig92

impt mtge 3J/2s D—

Ref

impt M 3%s series E

&

R & A

Div

1st

1978

3%s extl readjustment
1984
A Warsaw
(City) external 7s———1958
A4Vas assented
1958

87%

M-N

1996

High

101

J-J

1989

4s

Bonds
Sold
No.
4

129% 129 V4

F-A

1989

gold 4s

cons

2d consol gold

M-S

1996

Ref &

General 4s

J-J

1958

87%

86%

100

83%

24

89
89

100%

88%

85

100

98 Vi

93

102

J-J

90

90

84%

90

F-A

*9%

16

18

21%

F-A

*5%

7

17%

5%

&
&

ref

101

11

102

3

*

January 1
Low

High

129 Va

143%

101

107

124

—

102 %

107 V\
132

124

123%

—

Range

124

1

102% 102 %

__

mtge 3y2s

1st

&

ref

mtge 2%s_

4 Vis

ref

series

B

.124

107% 108

J-J

1977

F-A

1985

1st
1st

1979

readjustment

York

Chicago Burlington & Quincy RR—

*120

6s

—

Friday

BONDS
New

101 Va-

*120

fund
fund

1937)

£8

High

5

93

a

J-J

sink

.(External conversion

RECORD

NOVEMBER

Range Since
January 1

19

*7%

'AExternal sink

33/4-4-4VaS ($ bonds of
External readjustment

ENDING

Chesapeake & Ohio Ry—

—1958

ASilesia

High

Bonds

(Kingdom)—

external

BOND

Week's Range

Last

Period

BONDS
New York

WEEK

FOR

F-A

113 Vb

7

107%

114%

113 Vb 113%

1

112 »/4

115%

97%

*96% 100

1970

F-A

1997

J-J

1985

M-N

1982

M-N

*116%

1988

J-J

Jan 1 2038

J-J

104
100 Vis

94

94

14

94

34

35 %

74

25

74

74

--

Chicago & Eastern 111 RR—
AGen
1st

mtge

mtge

inc

3%s

5s

conv

B

ser

Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
AGen

inc

mtge

4%s

A

34 Va

5
—

—

40

71

44%

88%

118%

140

77%

88

56%

77%

79%

54

54

4

45

52%

53

2

49%

37%

37%

1

32

45%

88

88

1

87

99

77%
--

Chicago Ind & Louisville Ry—
A

RAILROAD AND INDUSTRIAL COMPANIES

A 2d

adams

Express coll

M-3

1967

M -N

*104%

Power 1st mtge 3Vbs
1972
Albany & Susquehanna RR 4V2s__1975
Alleghany & Western 1st gtd 4s__1998

J- J

1956

M-S

96%

2030
American Telephone & Telegraph Co.—
2%s debentures
1980

M-S

105%

F-A

92%

tr

gold 4s

Great -Southern

3%s

Alabama

100

A-O

1975

A-0

debentures

1986

J -J

1961

3-D

2%s debentures

1982

A-O

2%s debentures

1987

J-D

2%s

1957

J-D

92%

92%

Arbor

1st

1962

96%

101%

91

105%

108%

52

93%

94%
108

93

92%

103%

93%

103%

79

93%

94

89%

80 Va

104 % 104%

92%
•

94%
108

92%

78

89%
104%

119%

35

92%

101%

40

95
108%

94 Vi

102 %

1,850

107%

112%

A-O

101%

101% 102

18

101%

105%

A-O

102

101% 102%

37

101%

106 Vi

Q-J

1966

A-O
A-O

1995
1995

*__

93%

Nov

95 y«

84

97 V.

95

*96

Adjustment gold 4s
Stamped 4s

July 1
July l

118 % 119%

35
—

108

M-N

108

108

—

11

118%

132

116

118

108

119%

102

118%

107

Atlanta

& Charlotte Air Line Ry—
1st mortgage 3%s
.1963
Atlantic Coast 1st cons 4s
July 1952

General

unified

4Vbs

1964

A

Atlantic & Danville Ry

1st 4s

.M-N
M-S
^

1011% 102 %

J-D

100

27

99% 100%

23

107%

101 %
98

111%

1948

mortgage 4s
Atlantic Refining 2%s debs

■J-J

31

31

32

2

28

41

1948

Second

J-J

20

19

20

7

17%

30 V4

1966

J-J

98

98%

2

103%

98

mtge 4y2s inc

1983

ser A

Chic

Milw

1st

St

Paul

mtge 4s
mtge

Pac

4%s inc

4%s

conv

inc

Chicago & North
2nd

mtge

RR—

mtge

4s

July 1

1948

A-O

85%

85%

87

87

88 Vi

96

101

79

Stamped modified bonds
1st mtge

5%

Fixed

at

S'western

Div

July 1
mtge 5%

1st

1948

(fixed int at 3%% )

A-O

89%

74

1950

J-J

73 Vi

73%

7512

7

Feb 1 2010
Ref & gen mtge 5% (2% fixed
and 3% contingent interest.—

May

45 V*

45 %

46%

206

Conv 4Vis income

Series G
Series

A

inc

67%

88%

123

49

64 Va

Apr

60%

60%

61%

120

60%

83%

97%

101%

Ry—

4y2S—Jan 1 1999
1989

Series
and

M

3 3.5 %

Series

J-D

59%

59 %

M-S

58'%

58%

(2%%

59%

111

59 Va

34

M-S

59 %

59 Vi

59 7

J-D

68%

68%

69

54

74

51% i 73%

58

52

71

8

V

60

■

73 Va

J-J

86

85%

87%

61

1934

A-O

53%

53 %

55%

331

series A

1952

M-S

60

60

61%

46

i960

M-N

13%

14

68

1951

J-D

100

4

1951

§ASecured 4yas

Gold

J-D

1951

J-D

3yas

Memphis Div 1st gold 4s

Chic Terre Haute & S'eastern Ry—
1st & ref M 2%-4%s
1994
Income
2%-4V4s
1994
1st

mtge
mtge

1st

3V8S
2%s

series

Pgh Lake Erie & West Va
Ref

4s

series

A

1980

4s

series

_19R9

D

1985

83

J.r

J-J

1963

G

ser

ref

4s

1951

1951

§ A Debentures 5s part paid
1957
JAChoctaw Okla & &Gulf cons 5s__1952
Cine Gas & Elec

A-O

4s

conv

series

D

1st mtge 2%s
Union Terminal—

Cincinnati

1975
1969

&

Wab

St

L

Creek

Extension

1st

3Vis

Bell

Telephone of Pa 5s series C
Beneficial Indus Loan 2 Vis debs

Bethlehem

Steel

Div

1961
1993

1960
1961

tr

8

11

90%

—

96

96

3

122

100

95%

23/4s

ser

I

1970

J-J

23/4s

ser

J

1976

M-N

97%
—

97

*96'/;

97 5

a

97

68
—

mtge 5%s series A

mtge 5s series B

1st

mtge 4%s series C
Southern

1987

M-S

1st mtge 5s series II
1955
1st mtge 4%s series JJ
1961
1st mtge 4s series RR
1960
Ainc mtge 4Vis ser A
July 1970
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 4s debentures
1969

M-N

5s series AC

mtge 27/8s

1976

Buffalo Niagara El 1st mtge 23/4s__1975
Buffalo Rochester & Pgh Ry—

*—

*101%

A-O

*-

J-J

81%

M-N

50%

F-A

81 Vi

50%

100%
—

__

__

Gas

51

100 y4

101

17

104

ref

16

66

M-S

101

J-J
—

97%

101%

2
__

97%

7

101

107%

96

104

79%

88

80

98%

80%

88 %

2

86 Vb

96%

102% 103%

33

102%

109%

102%

104

87%
103'%

*101
0

103%

A-O

99

99

103%
2

99

A-O

105

105

105 Vb

12

104%

A-O

101 %

100

101%

45

100

A-O

98 Vb

50%

99

97%

33

1970

M-S

1955

F-A

Ohio

3'/4s

El

1st extl 4s

Edison

1977
1951
1961

A.__

3 07 %

106%

10

44%

39

51%

102%

106 7 8
103 Vb

105%

*

114

_

63%

106 Vo

110%

114

—

114

103%

109 %

—

108%

105%

108

102%

3

106%
102

A-O

108%

104%

102 Vb

106 "4

J-J

1932
1977
1972

A

ser

2%s ser B
ser

28

108 %

*106

304%

York—

New

2%s

103% 103%

F-A

J-J

1965

3%s

Corp

1st

104

a
.

F-A

1953

Cigar

109

Co—

3%s

f

s

97'%

104

108 %

102

50 %

4s__1948

1st extl gold

V

99

C

mtge

2%s__1975

Baking 3s debs—___1965
1st mtge 3V8S
1966

9*5

96%

11

98 %

93

93 %

13

93

301

96

96

96 %

16

96

103%

100

100

100%

19

100

106%

95 Vb

M-S
A-O

J-D
M-S

%

2

98%

53 %

53 Vi

3

49'/a

42%

43

8

99

98%

98 Vz

J-J

a

97 7 b

303%

104

98% 101 %

Steel

M-N

Northern

1942

JD

1952

J-J

35%

36 Vt

18

32

1946
1946

J-D

38%

38 %

2

36

46

J-D

38%

38%

3

36

45%

Dayton Pr & Lt 1st mtge 2%s
1975
Dayton Union Ry 3y4s series B—1965
Deere & Co 2%s debs
1965

A-O

99

99%

99

104%

§ACuba
A Cuba

103%

97%

82%

64 y4

103 %

Power

Ry 1st 5Vbs
receipts
gold

ADeposit
96Vi

M-N

98 Vi

65'/2

*101%

mtge 2%s

Continental

42

98%

52

A-O

mtge

ref

Crucible

1

69

65%

M-S

ref mtge

96%

99

M-N

debentures

91%

99

1

1980

Pwr

Consumers

105 Vb

83

debs—1971

L 1st & ref 4y>s

River

79%

*103

1972
1973
1977

mtge 3s series L

Ry &

&

97
16

3Vas

Sou

Commonwealth

1st

113 Vb

98%

Ry—

Elec

&

H

&

96%

92%
81 %

98%

109

4

80

modified)

(stamped

&

98 %

83

M-N

1st

105%

79%

79%

F-A

3%s

99

9574

M-N

1950
1961

1st

10.9

98%
f

J-J

1948

1st &

Maine RR—

109

98%

67%

gtd

Cleveland

35%

26

2

99%

99

gtd

Consolidated

103 %

99

—

34%

60

84 %

99

1990

Line "1st .gtd 4Vbs
Union Terminals Co—

100 Va

103%

'34 Va

24%

__

__

67%

3V2s

Conn

97

107%

*25%

J-D

3y2S

129

96%

108%

J-J

1970

gold 4s

3s

106 y4

Pittsburgh RR—

Consolidated Edison of

mtge

mtge

coll

99

24%

25 Va

J-J

C

Conn

M-N

mtge

Gen

90 %

Corp—

Cons

1st

1st

Columbus &

122%

85

107 %

102%

1991

4s

101%
102%

1977

1st

3

99

1993

Div

D

4%s

122

93%

12

J-D

Short

Columbia

90%

A-O

100

15

*

J-D

Series

Cleve

96

98%

99

F-A

series E

Mich

&

Cleveland Elec Ilium

97

90

52

—

102% 103 Vb

J-D

B

impt 4'/2 s

77%

A-O

Cons

Boston &

series

5s

Ref

78%

1

76

__

F-A

1966

Cleve Cin Chic & St Louis Ry—
General gold 4s

102%

M-N

1974

mtge gtd 3%s series E
2%s ser G

2

90%

63

27%
105

102% 103%

A-O

33

90%

J-J

1951

stamped

Beech

J-J

79

3

99

A-O

Columbus & Tol

4s

1

76

101% 102

101%

J-J

1943

4 V4s

ItAChilds Co deb 5s part paid

Columbus

Con

79

76

J-J

80

88

96%

98

79

M-S

ref

85

*80%

--

12 %

100

97 V2

--

J-J

1962

&

83

Bangor & Aroostook RR—

88
56 y4

42 Va

—

*
—

J-J

1952

1st

80

M-N

13%
100

J-J

1963

F

Chic & West'n Indiana

Colorado &

Toledo Cinn div ref 4s A

89

29

Chicago Union Station—

1st

84%

66 VB

78%

AConv gold 4%s
Chicago St L & New Orleans 5s

—

due Dec 11993

__

deposit

1st

fixed

contingent interest)
J

89
59

97

4s

of

gold

Series

due Dec 1 1995

Ref & gen mtge 6%

J-J

1988

Certificates

5 A Refunding

Cleveland &

due Mar 1 200o
due Mar 1 1996

K

69%
35

105%

86

53%

AGeneral 4s

Cin

101

82%

101%

71%

52%

mtge 3s ser B

General

(interest

4%)

27

69 %

53

1st mtge

1st

101% 101%

69 %

Apr

City Ice & Fuel 2%s debs
City Investing Co 4s debs

Baltimore & Ohio RR—-

101%

Apr

tChicago Rock Isld & Pacific Ry—

1st

B

66%

Jan 1 2044

Western

conv

J-J

--

A__Jan 1 2019

ser

B

ser

J-J

1994

&

Gen

J-J

1956

A

ser

J-J

2003

Chicago Ind & Sou 50-year 4s

100%

1,292

& Santa Fe—

General 4s

.

100

25

1969

I995

Topeka

108%

1995

gold 4s

A P W Products Co 5s

Atchison

109V4

101
85

96%

105% 106%

104%

debs

88

96%

89%

conv

conv

14

105

1st

debentures

Amer Tobacco Co deb 3s_
3s debentures

—

101

*86

A-O

2%s

debentures

100 3*2

101

23/4s

23/4S

32

101 ,n<

106%

*104% 108%

Allis-Chalmers Mfg 2s debs
Amer & Foreign Pow deb 5s

100:
104

1948

Alabama

Ann

1st mtge 4s inc ser A

RR

A6s

ser

B

ser

36

A deposit rets

deposit rets

38%

63%

39

52%

76%

81%

*81

receipts

ADeposit
A7%s

42%

1st 5s

86'/2

44%

Stamped

modified
(interest
at
3% to May 1 1947) due
1957
JBurlington Cedar Rap & Nor—
'§ Alst & coll 5s
1934
Bush Terminal 1st 4s

Consolidated

—1952

M-N

A-O

15

*99 Vi 100

J-J

1960

Bush Term Bldgs 5s gtd

61%

•—

1955

5s

60%

A-O

.A-O

88
—

36%

55%
25

98%

89 %

4

*105 Vi 107

87

105

72
39

103%
97

106 Vt

D

extended—1963

Delaware & Hudson 4s

99
*

J-D

103 %

11

103%

:

103 V2.

A-O

99%

99%

99%

22

99%

105

M-N

90 Vb

89%

90 %

24

89%

99

Delaware, Lack & West RR Co—
Y Lack

N

1st Si

C
California

Elec Power

1st

J-D

*__

Calif Oregon Power 3Vas

99%

103%

106

1974

M-N

*-_

Canada Southern

102%

103%

107

1962

A-O

99%

113

cons

gtd 5s A

101

Canadian

National Ry—
Guaranteed gold 4Vis

gold
gold

1957

gold
gold

4%s

Guaranteed

Oct

I_

Can

108%

108 Vi 109

110%

110% 110%

112

1st mtge

gtd 4s
Corp 3s debs
Celotex Corp 3Vis debs

112 V*

112 Vi 112%

17

112%

111

20

IIIV4

119%

F-A

1965

106
93

i960

1948
Nov 1945

)

gold 5s

A5s registered
A General
A 4s

4s

registered

to Aug 1

107

107

110

100% 100 Vi
*—

—

68%

73 Vi

F-A

88%

88%

87

M-N

43

43

45 Vi

8%

A-O

7%

1987
1987
1987

For footnotes see page 28.

J-D

ser

1973

May

4-6s_

Power

&

Light

1

3s
RR—

79%

M-N

1993

C

M-N

2042
1973

—

--

79 %
52 %

53

1

77

—

42%

54 '/a

29

49

100% 100%

25

53%
A-O

•

*50

J-J

5108

109

Income

mtge

100%

90

58%
62%
109%

(3%

7

__

7%

Light. Co 2%s

108

109%

Ed El 111

Elgin Joliet & East Ry 3y4s

26 Vi

27

4

24

102

6

102

108

102 i/e

105%

*100

103

~

99%

36%
33

„

98%

100

62%

70

1

50Va

99%

99%

9

98 %l 110%

38

38

100

99%
a

M-S

_

96

96

J-J

70%

85

85

96 %

15

38

30

100 Vb

20

95%

30%
100

63

94%
101 yB

38

100%

107

39
101

51 y4

104%

(NY) 1st cons gold

El Paso & S'western
,5s

1st 5s

*113

114

J-J

*145

150

145

195

1970

M-S

*102

103

103

106 y4

1965

A-O

*102

104

102

112 y2

5s— —1995

1965

stamped

121

M-N

—1958

A-O

—

__

114

—

—

105% 113

Erie Railroad Co—
2015
mtge inc 4 Vbs series A_
—1964
1st cons mtge 3y4s ser E.

»Gen

1st
1st

—

15

63

E
East Tenn Va & Ga Div 1st 5s

40

45

98%.

63

98%

__

M-N

73%
109

109%

*65%

J-D

66

106%
101%

98 Va

M-S

66%

41

104

2

27

24%

*—

59'/a

17%

42%
20

25%

12

89%

38%

19

100

17%

5

78

101% 102%

J-J

Duquesne

__

102

F-A

67%

8

45

150

*108% 108 %

M-S
J-D

1977

102%

81

J-J

J-D

A Second

19

*98

66

39

106

,85

—

66

fixed
int)

3'/2s series G
Gen & ref 3s series H
Gen & ref 2%s series I

31%

--

53

1993
1966
1970
1982
Detroit & Mackinac 1st lien gold 4s 1995
contingent

1%

31%

102 Vi 102%

51%

Detroit Edison

30%

102'/a

80%

2018

30

102

79%

52%

Lake—

30%
__

79%

Apr

79

22

61

24%

j-J

Salt

30

A-O

F-A

&

Denver

J-J

(4!/2%

mtge ser A
contingent int)

30

—

1987

F-A

78

105%

1993

1%

25

102%

49Vi

18%

100%

mtge ser A (3% fixed
contingent int)—

1st

gold 4s
1995
Detroit Term & Tunnel 4V2s
1961
Det To! & Ironton RR 2%s ser B—1976
Dow Chemical 2.35s debs
1961
t§ADul Sou Shore & Atl gold 5s.-. 1°^

8

49%

A-O

___

7%

9

*14%

J-J

J-J

8%

36

101

A-O

1949)
1974
i A Central RR & Banking Co
5s stamp
(partial redemption)„1942
Champion Paper & Fibre deb 3s
1965




tr

M 5s

mtge due —+
Essex division

AIncome

112%

93

7

63%
100%

F-A
J-D

106

51

1959

Central New York Power 3s
1974
Central Pacific 1st ref gtd
gold 4s_1949
1st & ref series A

(4V4%

32

97

107

1945

5Vis series B

J gen

106%

93

F-A

gen 5s series C
1959
AChatt Div pur money gold 4s__1951
§ A Mobile Div 1st gold 5s
1946
Central Illinois Light 3 Vis
1966
N

111%

107

M-S

A-O

ARef &

♦ACentral of

&

Delaware

119%

111

1981

§ A 1st mtge 5s
§ AConsol gold 5s
i

Coll

113%
114 V2

J-J

_1965

•ACent Branch U P 1st gold 4s
tCentral of Georgia Ry—

f

120%

109%

F-A

perpetual

Celanese

gen

112

108%

1

A-O

Carthage & Adirondack Ry—

&

8

22

1956

_

Carolina Clinchfield & Ohio 4s

ARef

112%

1951

4Vis

gold 4Vis
Pac Ry 4% deb stk

112

J-J
J-D

1955

Guaranteed

•

J-J

1969

5s

Guaranteed

26

Morris

Denver & Rio Grande West

5s

Guaranteed
.

100% 101

1970

Guaranteed

ref

AIncome

1976

3s

div

& Western

cons

cons

1st cons
Ohio

1990
mtge 3Vas ser F—
mtge 3Vfes ser G—— —2000
-1953
mtge 2s ser H—.

Div

1st..-mtge

3%s~

J-J
A-O

J-J
J-J

M-S
M-.v

63%

63%
►

64 VB
99 3

83

83 %
►—

23

2

83%

3

99 Vb

59Y4
99%

8

83

83

83%
99%
103

81

102%
94 Va
94

100 y4
105 Va

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4651

166

Volume

NEW

YORK

RANGE

Friday
Interest

Stock Exchange

York

Last

Period

BONDS
New

Sale Price

Week's Range
oi Friday's
Bid & Asked
LOW

FOR

WEEK

BOND
ENDING

RECORD

NOVEMBER

Range Since

Sold
No.

High

Low

New York

Af-N

.1959

J-D

100'

.1974

Af-S

54

1956

M-N

103

A 1st

ref 5s series A

&

A Certificates

Francisco Sugar

100

105%

Louisville

Gas

100

103%

Louisville

&

49

48%

deposit

of

coll trust 6s

Gas & Elec of Berg Co cons 5s

103

5

103

101%

1st

65'/a

*103%

j-d

104

3%s

& Elec

84 Va

83 Va

84'/a

42

77

86%

1st mtge

2%s_1965

M-N

88%

98%

98%

16

98

103 Va

Grays Point Term 1st gtd 5s
Great Northern Ry Co—

-1947

A-O

series F

ref

M

ref

M 2%s ser G_

3%s

1966

Goodrich

debs

inc

(E F)

General

General

5s

Co

5%s

1849

St Louis Div 2d

gold 3s

.

series

series

1952

B_—

J-J

,.—1990
2000
1982
2010
1961

mtge 3'/as ser N

mtge 3VaS ser O
Gen mtge 2%s ser P
Gen mtge 25/aS ser Q
Gen mtge 2'As ser R

J-J

:—,

Mobile

Ohio

&

125

133 %

113

2

113

129

97

36

96

104%

95%

104'A

*88 Va

J-J

88

J-J
81 %

J-J

81%

*91%

Feb

95%

__

12

88

88

95

91
99

62

8

*101 Va

a-0

96%

81

91%

4

81'A

*62

Feb

•

__

8

4

--

7%
100

—

65

9%
104 %

M-B

—1975
2015

;

5s series A

1969

96

J-J

95

a-0
53

2044

mtge inc 4s ser B
1st M 2%s

Gull States Util

1976

96

1

96

69%

J-J

52%
s*

Af-N

67%

95

1

95

114

54'A
97

52%
97

—

105'A
86 Va

101%
72 %

101%

H
Af-S

Hocking Valley Ry 1st 4%s
Household Finance Corp 2%s

1999

J-J

1970

J-J

Hudson Coal 1st s f 5s

series

A—1962

Hudson Co Gas 1st gold 5s

Hudson &
A

96 Va

96 Va

*119

__

96

87

J-D

96

—'

__

96

96

12

96%

87%

10
19

131%
96
79

102%
140%
102 %
90

M-N

1957

F-A

62

61

63%

132

48%

64

Feb 1957

Manhattan

1949

A-0

20

20

21%

193

13%

23%

1st 5S A

Ad] income 5s

*106% 106%

106%

___

109%

Manati

AManila RR

gold

2%s series A

1981

J-J

98 Vi

98 Vi

98%

24

1st gold 3%s
Extended

1st

1951

1st

gold

Collateral

gold 3 Vis

98

trust

Refunding

.

gold 4s

1st

97

1955

M -N

99 Vi

J-J

M-N
F- A

1950

105%

1951
1951

Springfield Div
Lines

gold

1st
1st

3Vis

95

93

77

Joint
1st

97%
a

J-J

*__

J-J

1951

ref

series

Illinois Terminal

97%

5s

106

67%

97%

84%
108 Va
100

96

100

97%

100

96%

97

97%

96

98%
100

*98

*101% 105

101%

101%

88%

J-D

81 V'4

J-D

*__

99

77%

J-J

*95%

97%

1950

gold 4s

J-D

1970

J-J

103%
101%

88%

89%

74

81%

98%

81%

82%

33

73

92%

70

85%

95

mtge

series B

4s

40-year

July 1952

4%s

lien

101%

4

97%

--

50

50%

6

43

65 %

20%

20%

21%

60

14%

J-J

A-O

9

40%

6

42

46

M-N

47%

65%

65%

46

47

__

68

95

95

113

95

12

1959

J-D

1976

Af-S

Jones

&

Pow & St 2%s

Laughlin Steel 3%s

1961

72%

72%

23

96%

96%

5

102 JJ

96

102 JJ

%

59%
59%

65%

106

95

105

j-j

1

70%
96

102

93

105%
104 %

K
Kanawha & Mich 1st gtd gold 4s1—1990
Kansas City Power & Light 2%s_—1976
Kansas City Southern Ry
1st mtge 4s ser A

A-O

*._

__

J-D

.—1950
1st 3s_

A-O

Kansas City Terminal Ry 2%s__
—1974

J-J

Plain

97
0

*40

106 Va

98%

102 Va

2

99 Va

104

22

106%

1971
1991

—1997
.—1964

A-0

—1950

M-a

1st mtge

3s

tAKreuger & Toll 5s

ctfs_

105

1051/4

120

123%

45

53

5s series B
ACertificates of

68%

1897

A 1st

j-d

.1997

—

Co

A 1st

of

J-D

1
—

91%

91%

91%

96%

96%

96%

ref

&

sink fund 5s±

5s

1964

sink fund 5s

1974

stamped

4%s

gtd 5s

1954

stamped modified
registered

.

2003

stamped modified
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Tobacco

5s__.

Little Miami gen 4s series A_.

Long Island unified 4s
Guaranteed
4s

ref

stamped —
For

footnotes

84 Va

84 Va

3%

103%
99%

j-j

see

M-N




99 %

1

-

ll-N

30

series

4Vis

71

71%
35%

271

18%

39%

72%

287

62%

85

71

72%

41

63

84%

21%

21%

23

43

15%

32

70

72

50

63

84%

70

70

72

52

62%

61

61

1

«■

33 Va

§ A Collateral
A Debenture

55

39

67
7

38%

40%

*

110%

121 Vb 127%
110

42%
39%

31

457/a

30%

43

110%

38%

52%
80

121

M-8

16

128'/a

J'.
—

99
99

99

99 Va

110

116

118

M-8
w-fl

28%

67

25

118

101%
30
16

56

40

78

64

106

103%

53

94 Va

74

59

19

63

65

697/e

63%

*92

68

93

,

J-J
J-J

99%

6

103

103%

29

*—

97%

101 Va

4s

ref mtge

&

4s

A

ser

101 Va

1017/a

1

103%

109

100% 100%

—

1

100%

105

90

102

100

101

-

-

—1955

1st mtge 2%s_1975
cons gtd 4s—1993
N Y State Elec & Gas 2%s
1977
N Y Steam Corp 1st 3%ft
.1983
tN Y Susquehanna & Western RR—
§ 1st refunding 5s
1937
§ A2d gold 4%s
1937
SAGeneral gold 5s
1940
§ATerminal 1st gold 5s
1943
N Y Telephone 2%s ser D__
1982
t§AN Y

West

& Bost

2

102

106

19

100

106%

102

100

—

100

lfi

100%

23

*104 iO

78%
78%

95 %

98

96%

96%

179
3

80

105%
87

102

83%

97'A

81%

101 Va

96

97

*-_

99

90

93

91

79

101% 103

166

86

106%

86

101%

96

90

68

83

102

90%

*86

~

__

95%

97%

90%

63%

94

61%

81%

67

67

68%

166

64%

82%

74%

74%

75%

145

72%

92%

80%

80%

82

17

80 Vi

98

77

77 Vi

9

77

94

62%

66

4

62%

81%

62

61%

62%

*61

61

63

61
__

60%

62

*60

92

86
*

66%

5
—

93'A

13

86

10

99

103

110%

3

103

110

66%

74 Va

74%

66%

67%

8

...

101

*66 Va

8

97 Va

18

112%

66 Vi

101%
101%

*101

—

92
86

103

99% 100
•i

77

72%

92%

93

101

74 Va

61

57

9

64%

80

5

68%

85%

16

53%

83

—

—

49

8 ~

20%

J-J
May

2007

mtge conv inc 4 Vis ser A.2022
$ a Harlem River & Port Chester—
1st 4s
1954
4s—

124'/a

33

103% 103%

A-O
F-A
Jf-N
J-J
J-J

M-N

109 %

118%

>;<

J-D
A-O

A-O

106 Va

2

101% 101%

--

Jf-N
Jf-N

101

105

106

—

-

101

103%

__

__

A-O

106 Va

118% 118%

__

A-O

99%
104 %

99

*105

96

1954

99'A
103

99%

*90

*103%

A-u

F"*

92

94%

99'A
103

M-B

W"A

64

63%

64%

394

60 Va

70

27%

27%

28%

487

26%

38%

M-N
M-S
J-D
Jf-8
A-0
J-J
J-J

98 %

98 Va

98 Va

2

96 Va

104%

9

8'A

9

93

8

4%

4

4%

34

3

96%

97 Va

25

61'A

61'A

1

59

103%

103%

36

105

107

96%

99

105 Va

105 Va 106
*

J-J
F-A

-

36 %

15

5

9%
83

*70

82%

96

96%

19

8

9'A

47

8

108

108%

18

107%

J-J
J-J

8

M-f

108%

A-O
A-O
M-S

127%

14

5%
104 Va

77

43

34

15

96%

29%

39

*__

F-A
M-N

1st 4%S_.,—1946--

A Gen
mtge 5s conv inc
Norfolk & Western Ry 1st

27

34%

85

104%
100'A

*92%

1940

6s

84

82

32%

60

102%

*68

1957

trust

87

76

33

Va

*102

J-J

1973

82

62%

30%

85

96

17%
92

101%
20%
1U»

Norfolk

58

107

62%

22

70

£*

1"50

B__

87

9

32%

82%

tN Y New Haven & Harford RR—

87

8

M-n

.1949

101%

64'A

29%

A-O
A-0

99%

61

A-0

1962

101%

62 Va

62%

47

69%

A-O

4s series A—1973

& West

Lack

N Y

82
1

187

34

Jf-N

2043
2043

Mtge 4s series A
Mtge 4s series B

83%

84 Va

86%

50%

71

J-J
J-J
F-A,
F-k
F-A
F-A

83

88 Vi

32 %

1951

_.194p
page 28.

100%

*28 Va

Af-N

91%
1017/a

59 %

F-k

1949

gold 4s

96

*82

.

2003

5s

Myers

*85 Vi

,.2003

4 Vis

75%

2

*85 Vi

—

1974

registered

Liggett &

99%
F-A
F-A

9

'

*99

1964

Lehigh Valley Ry Co NY 4Vis ext_106O
Lehigh Valley RR—
4s stamped modified
2003
4s

F-A

,—1954

—

fund

Val Harbor Term

Leh

,—1954

stamped

1st & ref
5s

—

sink

89%
96

85%

68

34

F-A
J-D
A-O
J-D
Jf-N
J-D
J-D

N Y Power & Light
N Y & Putnam 1st

90

96

61

47

Jf-8

3%s
1997
3Vis registered
1997
Lake Shore coll gold 3%s
1998
3Vis registered
1998
Mich Cent coll gold 3 Vis
—1998
3 Vis registered
1998
New York Chicago & St Louis—
Ref mtge 3'As ser E
1980
1st mtge 3s ser F
—1986
N Y Connecting RR 2%s ser B—1975
N Y Dock 1st gold 4s
1951
N Y & Harlem gold 3%s
2000

10

90

75

16

71

f"*

1%

90

15
12

70%

69%

A-O

105%

*

79

65%

68

55

1»8®

101

—

97

77%

63%

impt 4%s series A
2013
Ref & impt 5s series C
2013
N Y Central & Hudson River RR~

4

90

88%

64%

M-N
J-D

&

Ref

101%

Dm

5s

95%

362

'

deposit

New York Central RR Co—
Cons 4s series A

1st

A-0

5s stamped

58%

69%

M-N
M-N

A Gen

—1976

1st

43

37

•—

series A
of deposit

5 Vis

187

Ltd—

mtge income reg___

& ref

20

72%

F-k

ACertificates

180

Lehigh Coal & Navigation Co—
S F mtge 3%s scr A
—1970
Lehigh Valley Coal Co—
1st

48%

71%

48

1856

of deposit
4V2s series D

183%

108

L
Nitrate

47%

68

Jf-N
A-O
F-k
US

deposit

series C

A 1st 5s

A General

Lautaro

58 Va

90

71%

A 1st

tAN Y Ont & West ref 4s_,._June 1992.

Lake Sh & Mich Sou gold 3Vis
3 Vis registered

43%

54%

48%

F-k
M-S
M-8
M-N

Junction RR

112%

1%

100%

•

19°2
gtd 1st 4s
New Jersey Power & Light 3s
1974
New Orleans Great Nor 5s A
1983
New Orleans & Northeastern ERRef & Imp 4%s series A
—1952
New Orleans Term 1st gtd 4s
1953
INew Orleans Texas & Mexico Ry—
§ANon-cum inc 5s series A
19J5
ACertificates of deposit
J

102%

1%

111

99%

90

A-O

debentures

3s

N

112%

__

100%

N

102%

101

95

80

45%

J-J

1986
debs_1970 *
National Steel Corp 1st mtge 3s—1965
National Supply 2%s debs
1967
ANaugatuck RR 1st gold 4s
.1954
Newark Consol Gas cons 5s
1948
New England Tel & Tel 5s A
1952
1st gtd 4%s series B
19R1

102

«

827/a

*98

J-J

3s ser B
National Dairy Products 2%s

101

A-0

Koppers Co

104%

100%

*112 Va

__

100

107'/a 107%

J-J

1st mtge

106%

__

80

__

*—

& St Louis—

Nashville Chattanooga

*168

J-J

100

100

107%

J-D

1962

100% 100%

*100%

J-J
J-J

1990

.

100

M-3
Jf-N
J-J
- AN8
Jf-8
A-O

M 4%s

106%

J-J

Kings County El L & P 6s

105%

96%

118

*
__

J-J

—1961

unguaranteed

20

104

__

J-J

—1961

4Vis

100%
97%

105

103%

*103% 104
97

A-0

Kentucky Central gold 4s
—1987
Kentucky & Indiana Term 4%8—
—1981
Stamped
—1961

100

*100%

A-O

—1975

97%

93

100 %

100%

b

Jersey Central

102

103%

General mtge

James Frankl & Clear 1st 4s

81%

101%

J-D
Jf-N
A-O

1st gtd 3VaS—■—2000
series A_
^--1955

5s

77%

97%

84'/a

100%

debs——1958

& Co 3s

Essex
M

99%

84

95 Va

series B_——-.1955
Mountain States Tel & Tel 2%s—1986

30

46

J-J

1944

66%

72

78'A

—

A 1st

50

A-O

1956

1972

95 3

—

72

112%

96

series D

ACertificates

1956

B

A 1st gold
5s series C
JAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B

0

J-D
J-J

98%
103 %

110%

*98

ACertificates

1952

108%

80

,...1978
ACum adjust 5s series A-—Jan 1967
JMissouri Pacific RR Co—
A 1st & ref 5s series A—
1965
A General 4s
1975
A 1st & ref 5s series F
—1977
A 1st & ref 5s series G—
-1978
A Conv gold 5%s ser A_
1949
A 1st & ref gold 5s series H
1980 '
A 1st & ref 5s series I——.
1981
Moh'k & Malone 1st gtd gold 4s—.1991
Monongahela Ry 3%s series B_—1966 '

101 %

99 %

*100% 103

96

*23

1962

4%s inc ser A
Jan
A Gen mtge 4s' inc ser A—.Jan
Mo Kansas & Texas 1st 4s.
Missouri-Kansas Texas RR—
Prior lien 5s series A—

Ry Co—

A

series

100 %

98%

100

1963

AAdjustment 6s series A
A 1st

97'i

J-J

F-A

Ref & Imp 2Vis ser C
1986
^International Great Northern RR—

1st 6s series

89

7

,*106%

1963

D

1st

Indianapolis Union

15

26

78 V'4

—1963

C

Ry 4s ser A

Indiana 111 & Iowa

102

O—

series A

5s

4Vis

1st ref mtge 4s ser

A

97

*100

ref

1st

&

100%

97%

Registered
111 Cent and Chic St L & N

101%

93%

51106 Va 109

F -A

71

98%

95

88

10

*95%

102

53

98%

89

96%
118

101%

93%

105 % 105%

77

J-J

1951

gold 4s

99%

6

88

99

105

1

J-J

1951

gold 3s

97

97%

105%

J-D

3%s_1953

3%'s

97

*-_

M-N

1951

gold 3s

St Louis Div & Term

Western

A-O

1966

Louisville Div & Term gold
Omaha Div 1st gold 3s
Gold

71

1955

Div

101%
99%

;_1953

5s

Bridge gold 4s

Litchfield

2

1952

4s—.

40-year 4%s
Cairo

101% 101%

A-O
Af-S

-..1952

Purchased lines 3%s

Refunding

101%

1951

gold 4s

Collateral trust

J-J

102

1951

sterling

3s

0103

107%

3

Jf-N

mtge

Constr

J-J

1951

4s

105%

99

J-J

1972

2%s—
1969
t§AMidland of N J 1st ext 5s
1940
Minn St Paul & Sault Ste Marie—
1st

Constr

1st

106

96%

96%

J-D

1966
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain 5%s—1950
Michigan C*""tral—
Jack Lans & Sag 3%S
—1951
1st gold 3%s
1957
Ref & impt 4%s series C
1979
Michigan Cons Gas 1st mtge 3%s_1969

Morris &

Illinois Central RR—

High
115%

101%

99

J-D
M-N

•

(Southern Lines) 4s~ 1959

May Dept Stores 2%s debs
Mead Corp 1st mtge 3s

Morrell (John)

Illinois Bell Telep

Low

109%

M
1960

1954
Sugar 4s sink fund__Feb 1 1957

Prior

Hackensack Water 1st mtge 2%*—1976

Range Since
January 1

4

*106% 107
——

A-0

ser B—

1st mtge & coll 4s

1st

RR

tst & ref 3%s series D,
Gen

125

117%

96

J-J

1959

1st & ref 4s series B

Gen mtge inc

113

12

113'A

101%

113
96

——

ctfs A

Greyhound Corp 3s debs
Gulf

113

—

,

AGreen Bay & West deb
A Debentures
ctfs B

113 Va

101 Vi

—

—

J-J

1976

-

Gen

--

J-J

-1973

C

General 4%s series D
Gen

J-D

No.

13

Af-N

4s

Maine Central RR 4%s ser A

Utilities Corp—

Realty &

conv

Sold

109% 109%

A-O

1955

High

Bonds

101% 101%

101%

M-S

—2003
2003
1980

105%

M-S

A 4s

Friday's

Nashville RR—

&

Atl Knox & Cine Div

>1069

General

or

Bid & Asked

F-A

1963

1st &

V 2 Va

106

1951

Co deb 5s

(P)

debentures

18

54%

Sale Price

Low

102 Vi

7

100%

53%

Week's Rang*

Last

Period

Stock Exchange

High

2.9

102% 103

.1961

Interest

BONDS

January 1

3s

tFlorida East Coast 1st 4%s

2«

Friday
Bonds

Lorillard

Firestone Tire & Rub 3s deb

(2231);, 27

99

99

102%
104

104

Niagara Falls Power 3V2s
Southern Ry Co—

North
Gen

Central
b

gen

2014
gold 4s_1996
& ref 5s
1974

series A

registered

General

lien

registered
Ref & impt 4 Vis series A
Ref & impt 5s series C
Ref & impt 5s series D
Coll

(Minn)

Power

Q-J

127

Q-F

—2047
2047
—2047
2047

1977

F-A
A-0
A-O

33%

48%

127

136%

126%

126%

128

128

23

99%

113%

96

109 Va

64 %

65%

26

60%

61 Va

62%

3

61

91

90 Va

91

9

88%

101

97

94 Va

97

27

91%

104

97

94 Va

97

53

92

103%

98%

98 Va

99

93

98 Va

103'/a

98

104 Va

97

104 Va

98%

101%

102

64%

*

—1974
1975

12

103%

102

Q-A
J-J
J-J
J-J
M-S

48

120

Q-J

^

45

128

126%

M-S

1997

42 Vi

45

Co—

1st mtge 2%»
mtge 2%s
(Wise)
1st mtge 2%s
1st

1974

1975

trust 4%s
States

-

Jan 1 2047

3s

3s

Northern

■

1997

ref 4Vis

Northern Pacific- Railway—
Prior lien 4s
4s

1965

98%
97

97
0

97%

963A

56
—

76%

72%

THE COMMERCIAL & FINANCIAL CHRONICLE

NEW

YORK

RANGE

Friday
BONDS

Interest

Last

New York Stock Exchange

Period

Sale Price

FOR

WEEK

BOND
ENDING

Monday, December 1, 1947

RECORD

NOVEMBER

28

Friday

Week's Range
Bonds

Friday's

or

Bid & Asked
Low

High

bonds

Range Sines

Sold
NO.

Low

New

January 1

York

Stock

Interest

Last

Period

Exchange

Sale Price

High
Union

Oil

2%s

debs

A 1st

1948

*iov2
ioo

A-O

96%

F-A

94 %

10

96V2

1973

1st mtge 2%s
Oklahoma Gas & Electric 23/4S

J-J

M-3

1975

1st mtge 3s

12

95

22

ioo y4

100

A-O

1941

f-a

Skelly Oil 2%s debs

1974

4s

guaranteed

1971

t§ASilesian-Am Corp coll tr 7s

Ohio Edison

1965

J-J

Socony-Vacuum Oil 2%s

1976

107%

South A

1963

tioumeiTi

19

Nor Ala RR
Bell

A_1960

ser

103 'A

k-0

96%

103 %

94%

103

3s

106%

2%s

debentures

103%

debentures

Southern

Pacific

1st 4%s

Pacific Gas 6c Electric Co—
&

ref

3VaS

series

I

1966

J-D

&

ref

3s

series

J

1970

J-D

1st

&

ref

3s

series

K

1971

A

ref

3s

&

ref

3s

series

1st

A

ref

3s

series

1st

A

ref

2%s

series

Tel

&

1

109

Gold

101%

108 V4

San Fr Term

L—,
M

3'As debentures
Paducah & 111 1st

109

1st

100%

109%

J-D

101

109'/a

1st mtge 2%s series F
1st mtge 2V4S ser G

2

Gtd

4s

1981.

J-D

97'A

97'A

97'A

1985

J-D

94'A

94'A

95

A-O

A-0

102%

19oo

debs

J-J

*104

104

MS

*103%

103%

106%

St Louis

1

36

96%

8

102% 102%

43

96

Ry

13

gold 4%s
cons

5s_1949

102%

Devel

103%

Devel &

102%

Devel

104

Memphis Div 1st gold 5s

gen

126

I960

a-o

41

41%

106

42'A

41

67

Co—
E

trust

ctfs

1952

94 %

104%

1

96%

103%

81

81

4

81

96 %

96% 100'A

84

92%

94%

60

92%

24

M-n

92%

M-n

91

91'A

Pennsylvania Glass Sand 3'/2s
1960
Pennsylvania Power & Light Co—
1st mtge 3s
3s s f debentures

jmv

101% 104

J-D

103% 103%

J-J

J-J

1973

A-O

1965

a-o

1948

Jf-N

100'/a

"I

100'A lOO'/a
99

108

102%

104%

84

84

94%

81%

12

80 "a

89 y4

90'A

2

90%

114

A-O

108 %

114

91%

91%

30

99%
99

100

104

114

63

91

103'A

36

103

116'A

19

109

1

107

117

102

105 %

J-J

*102

Jf-N

Calif

A-O

Apr

2%s debs—1966

deb 2%s

95'A

1971

1966

J-J

1973

J-J

2019
1988

j-j

1968

m-n

1870

A-O

debs

107

102%
96 '/a

31

65

__

93%

93'%

121

95'A

93%

84

98%

3

104%
56'/2

102

*100

98'A

128

45%

*100% 101%

f-a

Sunray Oil Corp 2%s debs

*49

94 %

13

92%

gold 4s
1951
Southwestern Bell Tel 2%s debs_r»1988
ASpokane Internat 1st gold 4%s—2013

1st

2

103 'A

93'A
101

99%
103 3A

98 »A

103 %

106'/2

14

99%

—

115%

107'A 108%
111% 112%

Co 2%s

100

90'A

90%

A-O

Swift A

101%

98'A

83'A

84

84

j-j

107

series A

(N J)

83'A

81

j-j

A-O

of

102%

101

J-J

Oil

97

90%

*__

1958

Standard Oil

109'A

34

1996

6%s

Div

126

101

94%

94'%

J-D

1956

6s series A

gen

100%

96%

1994
1956

1st cons gold 5s
4s series A

104%

&

93%

94 %

1996

104

gen

101% 101%

93

103%

96%

1961

94'/a

A

100

99%

99

81

1986

96

96

93%

3tandard

t

s

inc debs

series

mtge 2%s ser E

Southern

93'A

10

Co—

109%

100%

32

Pennsylvania-Central Airlines—

Pennsylvania

RR

101%

13

100% 101

1978

2%s

Paterson & Passaic G & E

conv

Pacific

22

100% 101%

100%

101

99

High

93

40

MS

mtg3%s serA_197fl

100%

101

Low

53

j-j

1981

1st

J-D

1986

Tel

debentures

a3v2s

Southern

101%

r-A

1977

4%s

J-D

101% 102'A

Range Since
January 1

55

*124

j-j

1969

108%

•

1977

P

2%s

—

103

No.

Co—

1974

N.

Pacific

J-D

103

93

J-J

1994

(Oregon Lines) A

1979

1st
1st

series

*108'A
103

93%

Sold

99

j-d

1987

Ry 2%s

Gold 4%s

1st

93

Bonds

*40

A-O

1985

Indiana

93

High

*

1979

Southern

1st

Friday's

Co—

debentures

18

103%

gtd 5s

lei A Tel

1

10

2%s

Oregon-Washington RR 3s

or

Bid & Asked

Low
Shell

tOgdensburg & Lake Champlain Ry—

Week's Range

105

Pennsylvania RR—
Consol
4s

gold

sterl

Cons

4s

stamped

sinking

General

4'/2s

General

5s

General

4'As

Gen

mtge

Conv

series

1948
1965

D

series

F-A
J-D

1968

J-D

•—1981
E

1984

3'As

101% 101A

Jf-N

1960

B

series

4'As

deb

dollar

fund 4'/2s
series A

1952

101 %

104

101A

103 %

110

14

100

100

101'A

131

104

104

105%

48

102

125%

95'A

45

92

94 %

44

91%

118'A

96%

93%

93%

J- J

A-O

96%

J-J

77

A-O

96%

118 %

97

70

95%

103%

77

79

18

77

61'A

16%

18

17%

F-A

4

83

*106'A 106%

M-B

59

12%

75%

100% 101'A

25

io«y4

100%

105

5s

series

B

1974
1977

J-J

1961

General gold 4'/2s series C
Philadelphia Co coll tr 4'As
Philadelphia Electric Co—

f-a
J-J

*115

121'A

123%
120

114

—

106%

106

106%

37

130

126%

105

ref M

1st

ref M 3%s ser C

A

Texas A

3'As ser B

Pacific

1st

Pacific-Missouri

Term

103%i

1974

*90

3%b

83%

37

63'A

64%

322

41

99 %

99%

1

96

100 '/2

104

105%

J-D

1st gold 5a—1949

If-8

Corp 2%« debs—1961

ms

*103%

Tri-Continental

97

97

1971

J-D

1967

M-N

99

98%

99%

24

98%

1974

105%

M-N

1st

A

99

ref

98'/a

99

23As

6

98 %

Union Electric Co of Mo 3%s

1971

ir-N

1981

105'A

J-D

98%

98%

99%

5

98%

105

1978

A-O

*98 %

12'A

12%

10

A coll tr 2%s
Union Oil of Calif 3s deb

1967

j-j

102

*9%

13%

1970

J-D

debentures

1976

F-A

1937

Phillips Petroleum 23As debs.__
1964
Pittsburg Bessemer & L Erie 27/8S__l996
Pgh Cine Chicago A St Louis Ry—
Cons gtd 3'/2s series E
Cons gtd 4s series F
Cons gtd 4s series G

gtd 4'/2s series

Cons gtd

a

J-D

J-D

S,

M-N

»

1960

F-A

1963

F-A

*112

jf-n

*110

4'As

1950

J-D

A-O

11%

99%

104%

99

115

__

102%

1st

4s

series

series

5s

gen

B

106

U

1976

If-N

115%
107%

125%
127'/2

102%

102% 102%

100'/4

103%

103

101

105%

102%

105%

A-O
A-O

J-D

75

1966

J-J

1977

1st mortgage 3 As
1A Providence Securities 4s

J-D

J-J

115

117

F-A

1957
1955

tAProvidence Terminal 4s
Public Service El A Gas 3
V4a

_1968

__

Jf-N
*90

J-J

*141

J-D

101%
107%

Ward

113

*220

98

108%

164

111

106

108%

162

164%

237

242

98

35

(subordinated)

97%

103%

a.'.

90

102

m-n

90

102

4

90

1

—

102

99%
105

92

A-O

Warren RR 1st ref gtd gold 3'/2s__2000
Washington Central Ry 1st 4s____1948
Washington Terminal 2%s ser A..1970
Westchester

105%

F-A

J-D

Ltg 5s stpd gtd
3%s

Gen mtge

Power

111

6

98

106

la

97

106%

81%

94

80

2

78 %

21

77

92%

92

16

92

102%

96

100%

92

100

96%
92

92

Maryland

*51

__

8

104%

8

54

*-

J-J

1952

A-O

1950

98 %

M-S

1960

101'A
103

109%

113%

105%

4

105%

107'A

107

107%

11

106%

109%

99%

56

97%

106%

50

100%
79%

98'A

100% 101

M-N

1951

99

105%
107

May

Funding A real estate 4%s
25-year gold 5s

60

100'A

102 %

*109 'A 113

J-D

1966

107%

50

100% 100%

F-A

1950

1st 4s

105% 106%

Q-M

1967

3%s series I

J-J

97

106

101'A

98

66

92%
87

97

94%

43

76%

95%

87

89%

65

75

93%

101% 101%

98'A

1951

2%s debentures
West Shore 1st 4s

Registered

M-S

98%

98%

5

2361
2361

M-S

60

60%

11

57

M-S

58%

59'A

22

55%

72%

1949

guaranteed

J-J

1971

Westinghouse El A Mfg 2'As
90

a

M-N

1970

30-year 5s

m-n

77
92

M-N

Pacific 4%s inc ser A.—2014
Western Union Telegraph Co—

aA

Reading Co lst^A ref 3%s aer D..199B
Revere Copper A Brass 3V4s
1960
Rochester Gas^A Elec
Coip—
Gen mtge 4%s series d
1977

97%

81%
77

Apr

Western
J-J

98

97%

104 %

100'A

17

Western

.1964

97%

98%

107%

Baking Co—

5%s debs

West Penn

Quaker Oats 2%s deb.

15

99%

98

97%

Apr

10

106

J-J

97%
111

Apr

1971

98%

107

Jf-N

2037

1st A ref mtge 8a

Jan 1981

Jan 1991

(Hiram) G A W 2%s debs.1966
Walworth Co conv debentures 3'As_1976

95

1972

109'/•

W
Gen mtge 4s inc ser A
Gen mtge inc 4'As ser b
1st mtge 3'As ser B

106%

__

10

If-8

99%

A-O

Walker

100% 101

*105%

97%
5
>

M-N

113

101

2037

1st A ref mtge 3s
1st A ref mtge 5s

1958

B

ser

102%

107

MS

1998

5s

cons

100 %

98

Wabash RR Co—
103

*118%

1st

Virginian Ry 3s

98%

108

If-N

2003

100%

15

f-a

1957

g 4s series
series B

91%

*115

1977

A—1959

cons

4s

98%

93%

8

91%

73

101%

*115

1964

APlttston Co 5%s inc deb
Potomac El Pwr 1st M 3V4s

f

98%

103'A

92

73

*101% 102%

J-D

106%

89

99%

97%

98

MS

104%

f-a

s

93 %

*95
98 %

Jf-8

J-J

*102

1962

Cons

1959

Va A Southwest 1st gtd 5s

J-D

12

Vandalia RR

93%

A-O

1967

debentures

Universal Pictures 33As debs—

104

J-D

81

2%s

2%s debs

104

*102

41

S Rubber

Virginia Electric A Power Co—
1st A ref mtge 2%s ser E
1978
Va Iron Coal A Coke 1st gold 5s__1949

J-D

86

104%

119 y4

87

81

97%

121'/2

101%

,1974

gen 5s series C
1st gen 4'As series D

18

89%

1948

1st

15

100 %

1960

A

98%

89

Pitts Youngstown A
Ashtabula Ry
1st gen

97%
TOO

101%

78

2%s

A-O

17

81

105%

98%

Union Pacific RR—
if-a

1959

1st mtge 4'/2s series C

104'A

98

1968

14

78

112%

100

1991

104% 104%

*80%

debentures

108%

Ref mtge 2%s series C
United Biscuit 2%s debs

1958

A West Virginia Ry
1st mtge 4'/2s series A
1st mtge 4'/2s series B

102

102

102%

1950

1st mtge 4'/2s series B

Pittsburgh

97

99%

118

__

107%

70

102'A

112

110

6

108% 108%

102'A

*104% 105%
*102% 103%

M-N

2%s

100%

104% 105
104%

A-O

J-J

14%

mtge

107%

5

100'/2

U
1st

107

102% 102%

O

9

97

106

118

Plttsb Coke A Chem 1st
mtge 3'/2s_1964
Pittsburgh Consolidation Coal—
3'/2s debentures
1965
mtge

—

118

1964

105%

8
21

100

1957

I

98%

99% 100 %

F-A

Pgh Cine Chicago A St Louis RR—
Gen mtge 5s series A
1970
Gen mtge 5s series B
1973
Gen mtge 33/as ser E
1973

1st

99%

1953

4'/2s series J

Pittsburgh Steel

F-A

1949

Cons gtd 4s series H
Cons

J-J

79'A

108%

23As

4s

104

81%

63 %

23As
f

105

82 %

23As

s

137%

95%.

A-O

ref

deposit—.

99'A

124%.

18

J-J

1st ref 4s
1960
AAdj income 5s
Jan 1960
Tol A Ohio Cent ref A impt 3%s__1960

ref

of

92%
12

97%

A

Certificates

107%
103%

95'A

A

A

95 'A

124% 126 %

&

t§APhilippine Ry 1st

106%

95 %

1st

99'A

96

J-D

124%

1st

»

,

101%

J-J

1st

ref

129

99%

74

93%

J-D

1988

Third Ave Ry

Trenton Gas A Elec

120

10

103% 105

Pacific—

New Orl

RR of

119

99'% 100

103%

A-O

1990

2000

gold 5s

Gen A ref M 3%s ser E

Texas

*115

A-O

RR—

1st A

39

106

Phila Bait & Wash RR CoGeneral

Texas Corp 3s deb
Texas A New Orleans

101

61'A

Apr

Ref A imp M 4s ser C
Ref A imp 2%s series D

118'A

94'A

A-O

Terminal RR Assn of St Louis—

122 '/a

115'A

1985

A Income 4s
Apr 1990
Peoria & Pekin Union Ry 5%s
1974
Pere Marquette Ry 3%s ser D
1980

3

115

1960

Gen mtge 3'/eS ser F
Peoria A Eastern 4s ext

2

101A 101A
115

M-N

104%

106'A

100

102 Va

58 %

3

100%

103

98%

103

76%

"

Gen

mtge

Gen

mtge

3%s series

3%s

H

series

Wheeling A Lake Erie RR 4s
ms

1967

'128

US

Gen

US

1967

---

I—'

Gen

—

mtge 3%s series J
*§AR i Ark A Louis 1st 4%s

1969

MS

1934

tARut-Canadian 4s stpd
ISARutland RR 4%s stamped

MS

1940

J-J

8

8

1941

j-j

8

8'A

108

110

~~

T08%
$

108%

A

ref

2%s

M

mtge

3'As

ser

60%

Wilson A Co

3

8

13%

Winston-Salem

8

15%

tWisconsin Central

41

A

M-S

§ A 1st
A

2d

gold

A

A

ser

1971

1st gold 5s

6s

Rocky Mt A P 5s stpd

A 2nd

mtge inc 4%s
Louis-Southwestern

3t

1st
A 2d

4s
4s

inc

A Gen A

bond

ctfs

Paul

Si

0

a-o

a

/-j

cons

*95

j-j

1997

2022

1980

May

j-j

gold 4s_196l

1971

1

S

90

97

Line

gtd
RR

4s

136

79%

mtge 4s ser A
Gen mtge 4%s ser A
(Jos

El

A Sons ?'*>«•




7

96

106

98

97

101%

J-J

general 4s

Wisconsin

Public

105%

118'/a

71%

70%

72

18

18%

122

60

M-N

1976

J-D

3'As

1971

Power 2%s

1978

J-J

24%

18

J-J

—

75%

15%

30

*17%

deposit
Power 2%s

Service

.82%

66

of

Electric

Wisconsin

102'A
116%

deposit

of

Certificates

10

*115

Ry

96%

97%
103%

21

102

109%

92 y4

51%

51

51%

147

37%

57%

*100'A 102%
*87

91

91

100

89%
93

Yonkers

45

45

45

22

Elec

104%

83
91

Lt &

*96

97

97%

105

not

Deferred
in

delivery sale not included

In

the year's range
d Ex-interest,
e Odd-lot sale
not Included in the year's range.
rCash

the year's range,
n Under-the-rule sale
in the year's range,
y Ex-coupon.

47%

TOO

105 %

106 %

'127

126%

130%

SNegotiability impaired by maturity.
*The price represented is the dollar quotation
pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484

27

99%

101%

the Bankruptcy Act,

113

58 y4

76%

1998

J-J

J-j

63

63

64

19ftf

r-D

94

94

94%

99%

99% 100'A

tCompanies reported

10

94

98

not .
sale

included

32%

2016

101 Va

90

78

a

Co—

1st

96 %

101

82'A

u-n

Air

f-a

99

102% 102%

A-O
J-J

1949

3s

1st 4s

B

1958
1960

1st mortgage

Certificates

Included
1941

96 %
*-_

92

81'A

a-o

1989

A

101

105%

81'/2
88

-

J-D

Scioto V A N E 1st

Seagram

98%
-

Kansas

City—
§AShort Line RR gtd 4%s
St Paul Union Depot 3%s b
Seaboard

81%

101

j-j

1990

97%
109

82

m-jt

Nov 1989

ref gold 5s series A

St Paul A Duluth 1st

JSt

A

ser

Ry—
certificates

bond

j-j

1958

St Louis-San Francisco
Ry Co—
1st mtge 4s ser A

■<*;

MS

1996

1996

St Lawr A Adir

St L

3s

96%

J-J

1967

§ ASu A Du div A tefm 1st 4s—1936

Saguenay Power

•II

J-D

1992

1970

D

110

20

60

series

Wheeling Steel 3'As series C
1st

~~

♦Friday's
»

Onnrtc

bid

or

as

being in bankruptcy,

receivership, or reorganized under Section 77 of

by such companies.
■>.•%;-:?w
sales being transacted during current week.

securities assumed

and

asked
flat
"
,

prices:

no

per 200-

;

Volume

166

Number 4651

THE COMMERCIAL &

FINANCIAL CHRONICLE

(2233)

29

NEW YORK CURB EXCHANGE
WEEKLY

AND

YEARLY

RECORD

and deferred delivery sales are disregarded in the week's range unless
they are the only transactions of the
the week in wnich they occur.
No account is taken of such sales in computing the range for the

NOTICE—Cash
in

lootnote

a

in

In the

week, and when selling outside the regular weekly

ranee

are

year.

following extensive list we furnish

ehown

complete record of the transactions on the New York, Curb
Exchange for the week beginning on Saturday
Nov. 22, and ending the current Friday, Nov. 28.
It is compiled from the daily reports of the Curb
Exchange itself, and is intended to include
every security
whether stock or bond, in which any dealings have occurred during the current
year.
'
a

RANGE

Week's

Friday
York

Curb

Exchange

Range

Shares

Low

Par

Aluminum

Acme

Wire

Adam

Hat

Co

Friday

High

Low

1

6%

Inc

Investors

(N J)

1

Alles

Fisher

&

Altorfer Bros

American

Co

%

6

6 Va

83%

Hoe

83

3 %

1

*

100
•

*

1

10

100

25

Mach

25

common

tEL)

Silk

3,500
400

24%

200

L 70

168

170

3 2'/a

95

53

96

Nov

125

6%

50

Mar

53

Nov

4% May
% Nov

50

34%

14,600

32%

100

110 '/4

17

1,050

33%
17

200

24

24

100

45%

400

34 Va

75

34 Va

600

18 34

19

700

48 «/2

48 %

54

900

4%

5

200

9%

9%

9%

1,400

8%

300

8%

8%

6

6

•

preferred

Equipment Corp

Refining Co

1

3%

6%%
Canadian

Jan

Jan

21%

20

Associated

rets reg
Laundries of America

Associated Tel & Tel class A
Atlantic Coast Fisheries
Atlantic Coast Line Co

Class

15

;

35

Jan
Jan

32

May

29% May
16% May

42

May

4% Aug
7% Jan

5%

48%

Sep

Carnation
Carolina

43

Feb

43%

Feb

23%

Atlas Corp warrants
Atlas Plywood
Corp

Feb

1%
63

Jan
Feb

5%

Feb

1

Automatic Products
Automatic Voting Machine

July

5%

Feb

11%

Oct

114% Mar

4% May

8%

5 %

500

5%

5,300

3% May
3% May

6% July

10%

Jan

Jqn

9% May
Jan

Feb

6% July
11% July
114

Mar

%
8

4%
50

5

6%

F)

&

Sons

common

preferred

Ayrshire

l
1

r>
IB

Corp

new

Co

com_L__3

Carr-Consol

Baldwin

7%

Amer

30

American
Barium
Barlow

new

Inc

Corp

1

&

Nov
Nov

11% May
1% Jan

8

150

4%

Jan

5

11%

2,700

July

4%

Nov

9%

(L)

common

pfd

Co

Co

(A M)

& Co
Power

Maine

Bellanca

Aircraft

BC11

of

Tel

common

Bcrwus

Watch

Benson

&

Co

Hedges

Convertible

preferred

Inc

Central Power &

Products

Light 4%

SCentral States Elec 6%
7%

Inc

50

Apr

63

5

Nov

July

2,300
900

1,300

55

57%

2,800

35%

35%

36%

150

11%

11%

1,100

Aircraft
Co

Corp

37% May

61

Oct

35%

42%

Jan

9% May

13

Feb

11

Apr

Nov

Voting

5%

9,600

July

3% May

Chief

Co

19%

Jan

7%

20%

Feb

6

200

6

17

800

16

2

2%

400

135

137%

160

9 %

1,600

Jun

May

1% July
133%

9%

Nov
Nov

8% Mar
23

Jan

3%

Jan

180%

Feb

of

Amer new

com

1%
rl8% rl8%

19,600
50

City

Service




10
4
*

Jan

5%

Nov

7%

Oct

52%

52%

52%

150

43 %

Jan

52%

Nov

Feb

Nov

114

119

July

Nov

20

Jan

6%

6%

6%

5,300

Sep

3

Apr

9

Apr

11

Mar

6%

6%

6%

700

6

May

9

Jan

30

6%

1%

9V8

9%

9%

500

May

43%

8%

—

9%

6,900

8%

Nov

17%

Feb

20

79%

Nov

96%

Feb

15 %

May

Feb

79%

80

19%

--

19%

200

9

—

9%

17,400

83A May

ll7/a

93

9%

Nov

21% July
Jan

102

Feb

May
Apr

12
--

9%

9%

15

600

3%

700

9 %

Oct

2%

Jun

700

8%
11%

Oct

24%

25

125

19 %

May

27%

Oct

72

72

25

70

Mar

77%

Jan

18%

—

—

—

5%

Nov

19

125

14

May

19

Nov

9%

Nov
Feb

14

5%

6%

700

5%

Nov

7%

Oct

5%

6

700

5%

Nov

7%

Oct

1

Lambert

&

Mfg

Colon

Co

1

3,40o

10

29

190

93

148

Jan

13,700

Jan

41

Oct

1,000

10 Va May

15

Feb

--

9%

600

87/b May

11%

Jan

550

13% May
13A Sep

10

15%

1%

2 %

1%

--

16%

2%

—

2

6,700

150

I60

400

147

150
—

1% May
9% Jan
66%

Jan

61/<

—

tySiu

9'/a

_.

__

—

23'A

1% Mar

13%

ordinary

N$V

3

May;'-

7

Aug

Feb

19

3%

Jan

3%

Jan

15%
166

Feb
Oct

9%

Jan

13%
4%

Feb

3%

4

2,000

7%

7%

7%

3,000

1

6%

6%

6%

400

4% May

8

July

5

5

5 %

1,400

3% May

7

Feb

25

34

34

36%

36%

Nov

1

5

5

—

Iron warrants

Hotel

Inc

Southern

&

warrants..

Community Public Service

!

Feb

1

Manufacturing Co

Shoe

Compo
Conn

$3

25

5

A

u

28

1,100
1,100

300

Jan

3% May

19,100

29

28'

25%

ik

11%

5% Aug

Aug

Jan
tJan

Nov

28

Feb

Machinery—

ext

&

1956

to

Gas

1

Coke Secur

common

preferred

Consol G E

4%%
4Vc

B

preferred

common

preferred
series C

Jan

Consolidated

Royalty

Oct

24% Mar

May

Utilities

6%

7%

1,650

%

%

Feb

Continental

Car-Na-Var

Jan

Continental

Fdy &

Jan

Cook

&

Apr

Cooper

Nov

10%

Jan

Jau

--

--

5

76
--

68%

69%

600
10

114% 114%
101
8%
75

2%

107%

20
600

9

76%
2%

1,450
100
2,600
1,600

10c

31
13%

31
13%

31 %
14V4

1

2%

2%
13%

600

36%

150

-/b

Ma)

2

Jun

43

Feb

68 %

112

Nov

83%

Jan

Nov

118%

Jan

Nov

110%

Jan

May

9%

Jan

63 Va May
2V* May

85 %

21%

35%

Nov

7%

Apr
Jun

15

Nov

2 %

Oct

3%

107
x7 Vb

Feb

3% July

Jan

11%

69
—

•

6%

1°°

34%

10

Oil

11%

♦

1

Consolidated Steel Corp common
Consolidated Textile Co

4

Paint

55

Jan

Copper

May

132

Apr

Cornucopia

Jun

37

Feb

Nov

Corroon

Co

Co

common

Corn Inc

1G

Corp

Machine

Varnish

Brewing

21%

116

,

--

100

2%

7% May
6% May

—

100

Sep

15%

•

•

L P Bait

series

13%

127

40

May
May

39%

•

Airlines

Commonwealth

112% 117%

1

12%

*

common

Development

Commodore

112 %
36%

4

Colonial Sand & Stone Co
Colorado Fuel &

1

36%

100

Products Co
Plow

—

--

1

common

1

37% May

•

33.

10%

6%

10

Mining & Smelt Ltd

15

page

Mar

5

Gas

Nov

see

2.50

10

Consolidated

9%

footnotes

45

4,800

3%

100

common

Auto

Consolidated

100

For

Jan

33%

IOV4

14%

1

Oct

9 V4

\

1% May
Sep

3

200

9%

3%

•

Jun

9 Va

•

17%

Jan

16%

1,000

Nov

22%

Jan

$1

8 Tb

8%

9%

5,300

8%

Nov

20

Feb

Cosden

5%

5%

5%

1,200

4

Jan

Oct

5%

16

5,800

10%

14%

5

common

Feb

14%

IP

Jun

1%
40%

10

common

11

Jun

•

1%
40

165

Feb

23

7%

Aeronautical

Jan

Nov

23%

35%

3

Brewster

Jan

15

15% Nov
4% Jan

Apr

1.100

1

15V2

12% May

May

6,800

Light & Power

1%
_.

1

16

3%

common.

9% May
9V8 May
150

10

31

13%

Traction

400

Feb

3 Va

Corp

Oct

May

13%

Brazilian

13%

12

100

common

Consolidated

Colt's

6%

3 Va

Breeze

13

Jun

trust ctfs

Colonial

5% May
9% May

__

13%

Jan

Chesebrough Mfg common
Chicago Rivet & Mach
Chicago & Southern Air Lines

Cockshutt

13%

25

May

Jun

1

16

100

22

22'/3

1

1

Co

May

83

Clarostat Mfg Co
Claude Neon Inc

Co Inc

Scrymser
Bourjois Inc

Nov

46

Clark Controller Co

1

1st preferred

May

18

480

Jan

common

7%

Jan

26

80%

Nov

Blue

Borne,

20

Nov

77

Nov

25

common

Jan
Nov

77

16%

800

Co

50

20

22

20

100

16%

7%

(H C)

Feb

23 Va Mar

18

20

100

27

9 V4

Bohack

5%

100
.

Conv pfd opt div ser 1929
Century Electric Co common

Club Alum

55 %

--

Nov

20

__

-.

•

Jan

7%

»

1

Nov

9

common

18

•

15

7%

Co

;

Feb

9

&

Jan

7%

3

(S)

Mar

5% May
10% May

Birdsboro Steel Fdry & Mach Co com.*

Blumenthal

8

10

Stamping
City & Suburban Homes

Blauner's common—

Ridge Corp
Blum (Philip) &

Jan

Nov

2% May

24%

7

16%

1

6%

•

preferred

Cities

•

common

Apr

3% Mar

24'A

Feb

1

4Va

11V* May

Feb

9 %

Jun

2% July

275

Jan

6

3Va

19%

Conv pfd opt div ser

Cessna

100

18

7

16%

3%

18

9

5 Va

3%

__

preferred—100

37

•

Furniture

13 % Aug

7%

1

pfd

Central & South West Corp

3% May

15%

1

common

12V4 May

Feb

700

100

24% May

16

2

600

Oct

1% Mar
7

700

1

500

16 VB

loo

preferred

Berkey & Gay
Bickford's

1

Canada

13

Nov

Co—

1,500

6%

16%

13

--

2%

7%

10

u

Corp of America

3.50%

Vtc
1

1,700

1

4,100

15%

1

18,400

3%

19% Mar
16

3%

•

6

5%

1

Beaw-Brummel Ties common
Beck (A S) Shoe Corp

13

2%

2s 6d

common

31

5

1

common

%

2%

1

Mining
§Childs Co preferred

_5

Inc

& Co

May

10% May
% Nov

Feb

25

Mfg—

Refractories

Bauman

Jun

15 Va

7%

*

Light $5

Biscuit

Chamberlin

50

16

5%

10%

700

2.50

common

5%

11%

900

3

•

common

(J W)

Charis

shares

Steel

& Seelig

$1.20 convertible A
Basic

1

Feb

11%
17%

1

dep rets B ord

Carter

Feb

8

Locomotive—

preferred

12%

10%
17%

•

Clinchfield Coal Corp

Baldwin Rubber Co common
Banco de los Andes—

Feb

Ltd—

Casco Products common

Clayton

•

Jun

26%

Ltd—

Nov

B
Babcock & Wilcox Co

47

Feb

10%

100

Power

14%

%

1,000

25

Collieries

Feb

Jun

17%
—

•

29 Va

29%

•

Avery

(B

Co

15%

8%
3/4

1

__

2% Mar
9

25

300

23% July

7%

•

Central Ohio Steel
24

900

10%

&

Carreras

Jan

110%

5

27% Mar

15'A May
5% May
32

1,100

8%

8

19%

Alcohol—

Baxter & Kennedy

Carman

7%

Jan

43/4

Oct

1% May

19%

Jan

6%

Caj'.ey

Apr

Nov

1,000

Oct

Catalin

7%

2,100

Feb

Castle

105%

14%

preferred

Marconi

4 %

Central

140

8

22 Ta

__

--

__

•

non-voting

25%

Oct

1,500

50

Feb

3

20

Capital City Products

Jan

Jan

14

July

9%

May

14 %

17%

10%

3 %

123i»

*

common

preferred

May

6

16%

11%

7%

Ltd

Industries

Canadian

Apr

2% May

25

12

1

Feb

4%

*

voting

Canadian

400

5'/4

B

Feb

Jan

3%

5 %

A

32% July

Nov

£1
•

20%

5

Ltd

Industrial

Class

24 %

Nov

5%

Co

Cherry-Burrell

50

Oct

Oct.

1

Insurance

Convertible

37%

105% 108 Va

*

Jan

1

Canners Ltd

Canadian

Jun

%

5%

Oct

Associated Electric Industries—

dep

21%

2%

1

Power

preference

Nov

10%

5%

Jan

Oct

12%

£l

Corp

Canada Cement Co

Jan

May

Jan

14 %

-

Electric

Jan

3%

•
2.50

Feb

43%
113

50c

pfd

Sugar Estate

Tungsten
Fire

51

300

100

Caliite

Bread

49

3%

__

_

Feb

25

—

—

—

U

Products common

Canada

Sep

9%

5%

_

—

12%c
25c

dep rets 5%

Camden

Nov

12,500

10

Arkansas Power & Light $7
pfd

May

13

10

6

20

100
♦

common

non-voting

3%

Calamba

29% May

2.000

44%

__

—

36

Oct

—

--

—

—

Feb

Jan

18%

Wireless—

16

800

3%

&

American

28%

—

16%

3 Va

Cables

Jan

13%

3,400

--

16

10

1

common

Jan

23

2% May

100

34 Va

5

H)

1%

Apr

2%

20 %

--

II5

(P

7%

Nov

111%

16 Va

44 %

2.50

Co

Corp Amer dep rets
Biscuit Corp

California

1,900

19%

33 %

24

•

Ring

Cable Electric

41%

1

Arkansas Natural Gas
Common class A

161% May

43%

—

__

Jan

22

Sep

Jan

%

1

32%

70

3%

1

Jan

50

%

£1

Butler

Feb

20

16 V8

-

lOVs

Nov

3% Mar

2%

20

-

Feb

24 %

Nov

1

dep rets ord reg

Jan

80

105%

Apr

2

3 %

Angostura-Wupperman

Burry

100

32'a

2%

800

Jan

6V4 May
143A July

Feb

111

__

♦

Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Argus Inc

Burma

Feb

5

2

common

Nov

25

195%

2

Products

23%

Jan

Nov

19%

3 %

•

Piston

Jan

2

10c

com

Burd

2 "a

6%

19%

•

Buckeye Pipe Line

7,100

53

6%

18%

5

Ltd

Bunker Hill & Sullivan

2 %

92

--

__

1

common

Mills

Jan

19

350

Co

1

common

Jun

15

48% May
95% Nov

Distillers

Aug

5

2 Va

__

io

common

5%
11%

2

2%

33 %

A

May

18

16%

•

Rubber Co

Bruck

96 Va

l
2

Brown

Bruce

24

25

Co

Oct

Jan

96

20

25

common

7

Mar

24 %

18%

•
•

Forman

92

96

£1
10c

reg

Class B

108

1,650

£1

British Columbia Power class A

13

Anglo-Iranian Oil Co Ltd—

American

rets ord

Jun

1

Co

Republics

&

dep

Nov

23%

18%

Celanese Ltd—

Amer

3

58%

200

26%

12

9 %
—

Tobacco—

rets ord bearer

98

i

preferred

Jan

•

1

High

Jun

33

9
—

Feb

6% Aug
4 V4 Oct

•

Oil

British

Co

rets ord reg

81

55%

10c

B

Ashland

dep

Amer dep

50

55%

22 %

__

*

Oil

American

3,300

22

25

•

$6 series preferred

6%

Class A

320

3%

—

1

common

Superpower Corp

4%

*

Co

Rubber

Inc

400

•

American Thread 5% preferred
American Writing Paper common

Aro

93

3%

5

common

American Meter Co
American Potash & Chem class

Amer

84

98

100

Electric

Seal-Kap

6%

1

American Maracaibo Co
American Metal Products

Co

38

Jan

100

American Mfg Co

Post

Feb
Jan

common

Laundry

Angennan

July

Feb

4%
5%

common

American Light & Trac
6%
preferred

Anchor

12%

Oct

Feb

9

1

Car

convertible

American

15

Nov

3

434%
preferred..
American General Corp common
$2 convertible
preferred

American

10% May
6% Nov

300

Low

—

__

Nov

50

America

&

American Gas &

Amer

200

3

American & Foreign Power warrants

Class

13%

31

1

American

British

3%

Class B

Hard

British-American

Feb

2%

American Cities Power &
LightClass A

$2.50

Oct

3%

3,200

American Book Co

American

Feb

3%

Nov

45,100

common

Fork

11%

Aug

Range Since January

High

__

2

3 %

common

of

Beverage

American

common

2

"1%

Appliance

Bantam

American

Co

100

2 %

Inc

Ltd

Mfg

Brown

Industries

Aluminium

--

~~%

$3.75 cumulative preferred
Aluminum Goods Mfg
Aluminum

--

•

2%

common

Co

*

Brillo

"%

Allied Internat
Investing Corp
Allied Products
(Mich) common
Aluminum

Feb

l,iUU

7

Shares

Low

Oct

2%

7

--

Sales
for Week

•

3%

13 Va

Range
of Prices

Par

Amer

13%

Week's

Last
Sale Price

Exchange

Bridgeport Gas Light Co
Bridgeport Oil Co

50c

Alabama Great Southern
Alabama Power 4.20% pfd
Airlines

Curb

2

Vb

2

Jan

..10

preferred

Electric

Alaska

6% May

2

SAireon Mfg Corp common

Air-Way

34

900

10

preferred

60c convertible

12%

Jan

"7

5%

*

5

common

Convertible

Nov

900

York

3%

"3%

1

Supply Mfg capital stock
Agnew Surpass Shoe Stores
Ainsworth Mfg common
Air Associates

4

~4%

New

High

May

23

1

Aero

28

STOCKS—

10

,

Inc

Aeronautical Products Inc

Air

"4

4

1

common

Stores

NOVEMBER

Range Since January I

3

Alloys

ENDING

for Week

of Prices

ACF-Brill Motors warrants
Acme

WEEK

Sales

Last

Sale Price

STOCKS—
New

FOR

r-

%

Co

1

13

2%
12%

*

34

34

1

—

—

--

—

&

convertible

12 %

1.100

3.2

1,560

5c

10
...

v*

A

•

3%
13%

3%
13 e

13 A

common

1

5%

5%

fa/a

class

Petroleum

11%

•

Mines

Reynolds

preferred

10,4

H'A

1

Co

Gold

9%
%

*

Range

preferred

50

__

—

—

Aug
Feb

10% May

L^OO

19%

26

May

41%

Feb

3

Nov

3%

Aug

8% July
% May

11

9% May
2% NOV

15%

1%

4%

Feb
Jan

Feb

.

Jan

14% Aug

00

171/4

Jun

d.juu

3 Va

May

6%

Nov

Jan

51 %

Nnv

_

~

--

36

•i

P*

30

CHRONICLE

THE COMMERCIAL Si FINANCIAL

(2234)

RANGE

WEEK

FOR

EXCHANGE

CURB

YORK

NEW

Monday, December 1, 1947

ENDING

NOVEMBER 28
Friday

Friday
New

York

of Prices

Shares

Low

dep

receipts

(ord

reg)

Brewing

Crown Cent Petrol

Cork

(Md)

International

preferred

2%

Feb

Sep

14%

Feb

Goldfield Consolidated

10%

Feb

6%

Nov

6%

4,100

4

May

16%

150

16

Oct

3%

1,000

104%

21

30

8,600

104% 104%

100

..

-

...

3%

Oct

39

Oct

26%

Jan
Jan

96

96

100
20

%

%

5%

Jan

j uii

61%

Jan

25 % May

37%

Nov

96

Nov

11,200

I10
Mfg common
,—
Graham-Paige Motors $5 conv pfd. -25
—1
Grand Rapids Varnish
—5
Gray Mfg Co
Great Atlantic St Pacific Tea—
common

Jan

51%

Aug

15 Vb

Jan

65%

65%

50

47% May

66

20

20%

300

9% May

25

7

8%

300

100

139%

137% 139%

_25

46%

stock

Great

Grocery Stores Products common.100
Gulf States Utilities $4.40 pfd

8

Oct
Oct

9%

May

%

Feb

Sep

112

Jim

Feb

14

95 Va May

145

■

July

60

133%

46%

47%

950

39%

Jan

47%

Nov

9%

9%

100

a %

July

15 Va

Jan

xIOI'/b

Nov

114%

Feb

9%

1st preferred.
Northern Paper

Oct

15%

Feb

8%

Nov

,25c

Gypsum Lime St

800

101

Oct

7%

8%

101%

101

Jan

Jun

1%

Apr

7 % May

Gorham

Non-voting

104 %

% May
44

class A

Gorham Inc

I

High

3 % May

»

Feb

18%

600

36%

%

8

5% May
10% May

--

Low

,_50

17

7 % May

50

4

36%

III

107

50

—

Feb

3%

36%

Mines

1

Range Since January

High

4b

-

preferred

prior

$4.50

3%

104%- Nov

6

6

Feb

6%

Apr
Sep

18%

11

11

•—

20

3% May
1% Apr

100

2%
30

22%

Low

—

Goodman Mfg Co

6% May

6

2.5o
5

Lighting Inc common
Mfg Co (Mo)

Curtis

37%

Oct

1,400

2%

•

Cuban Tobacco common

Jan

1%
7%

29

Shares

96

.

.

25%

21%

„

,

.

400

6%

22

'

_

6,600

7

3%

fl.

pltjlUe

6,800

6%
16

class A

%

1

for Week

—1

(Adolf) Inc common

Godchaux Sugara

9%

1%
8%

6%

Jan

37%

1%

25c
;•
10
5
100

Drug Co common
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar!

Curtis

x35%

7%

Nov

Nov

8%

•

A

Crown

5%

36%

1
♦
1
5

Inc

Crowley Milner & Co
Crown

£1
5

Co

Crosley Motors

,4%

Sales

Range
of Prices

High

Low

High

Exchange

C«rb

York

Par

Gobel

Petroleum

Croft

Range Since January 1

Ltd—

American
Creole

New

Week's

Last

Sale Price

STOCKS—

for Week

Par
Courtaulds

dales

Range

8ale Prico

Exchange

Curb

Week's

Last

STOCKS—

Alabastine

Apr

D
Davenport Hosiery Mills

2.50

Davidson Brothers Inc

Dayton Rubber Co class A

Dejay Stores common
Dennison Mfg class A
8% debenture

50c

Steel

Devoe &

Diana

Products

Distillers

Corp

Feb

12%

Feb

16%

18

600

10%

Apr

19%

Oct

11%

100

9%

Sep

14

Feb

2%

1,100

2% May

700

19%

17% Aug
11 % Sep

x2%
19%

1,500

20

__

——

6%

6%

6%

1,300

155

May

4%

May

3%
21

Feb
Oct

16

Feb

7%

Apr

Jan

Credit

Corp class

Steel

Tar &

Chem

3 y8

3%

•

Coal B

&

11%

1

A

Bridge Co Ltd
Ltd

11%
3%

200

14%

—

•

2,200

15%
88%

Co

69%

69%

69%

75

37%

37%

39%

200

•

80

80

Oct

33%

Feb

17%

Feb

25%

Jun

76%

170

•

82

Feb

4%

Sep
May

94

Feb

79

Jan

Nov

48

Feb

22%

88%

Feb

19%

10% May
Oct

3,600

10

Corp

19

2% May
33% jan

—

•

Harris Co

11%

—

14%

25

Co

Dominion Textile Co Ltd

Power

Hammermill

Paper—

—

Electric Light

Hartford

Hartford Rayon common
Harvard Brewing Go—

67

37%

1,100

80

Nov

106

Apr

Dunlop Rubber Co Ltd—
Amer

dep rets ord reg
Durham Hosiery class B common
Duro Test Corp common
Duval Texas Sulphur

£1

7%

Sep
12
May
4% May
11% May

—

•

—

—

__

5%

\
14%

•

14%

5%

800

14%

100

10% May
18% Feb
6%

Feb

15%

Jan

4%%
6%

prior

Malleable

Eastern

States

Iron

89

89

89%

150

79%

79%

82

Hazeltine

Dept Stores common.

Hearn

Mining Co—
Helena Rubinstein.
Hecla

5%%
4%

preferred w w

preferred w

:

w_

Holly Stores Inc
Inc

Horder's
Horn

St Co common
St Hardart Baking Co—

Horn

& Hardart common-

(Geo A)

Hormel

5%

9%

700

8%

10%

900

10 Vb

12

300

u<

Via j

40

•

x64

1% May

4%

66

200

11 %

11%

400

11%

54 %

54%

55

325

12%

X12 %

42% May
6% May

Oct

'

Oct

82

May
May

77%

200

11%

Jan

16

Nov
vi

Feb

14% Mar
25

80

13%

a>

Jan

Feb

98 %

Nov

107

Jan

Nov

85

Mar

_9%

400

21 Vb

22 Va

1,500

54%

55

x9%

x9%

10 Va

2,800

7% May

10%

Feb

4%

4%

1,300

knr

4%

F*b

28%

350

~9%

28

350

8% Aug

15%

19% May

X35%
57

Mar

49

Feb

Feb

Aug

28 %

Nov

20

Jun

23

Aug

37

Jan

_44

150

Oct

181

Feb

74% May

43

Feb

23%

Jan

Oct

154

10

35V4

36

125

40%

42

%

300

66%

68 %

4,200

4%

4%

200

4%

Nov

12V4

14 Ve

1,100

12 %

Sep

14%

Oct

44

45

42

Aug

47%

Feb

Jun

15

Feb

154
—

xlll

67%
12%

common—•

*

1
•
5

50

200

10

99%

11%

~9Va

1

300

12

98%

Jun

76

•

—

75

116% July

Nov

28

Apr

42%

Nov

72 %

Aug

9%

oo% Apr

5%

1st

12%

Nov

11%

5

$2.25 preferred
Common stock warrants

9% July
Ft»b
17 %

1:1

10 Vb

28%

preferred
Hydro-Electric Securities
Hygrade Food Products

200

beneficial

Share

&

Electrographic
Elliott Co

int

1

11%

1

•

common

5

2d pfd A

11%
137

13%
12%

Corp

1

Inc

1

common

10

2,600
17,000

144

260

4 Vb

preferred

4%

4%

23'/2

23%

23%

400

2% May

Inc

19%

19%

Feb

1%

~8%

8%

800

7 % May

10%

45%

45%

45%

150

37% May

2%
26%

—

Feb

51%

Feb

Oct

3%

Feb
Jan

26%

200

21

May

49 %

25

MftJ

31% July

Oct

Corp Ltd
Eureka Pipe Line

20%

17%
155

7%

Jan

Sep
Feb

Jan

26%

Oct

2% Aug
15% May

4%

Feb

24%
50

800

7%

200

3,600

Nov

I

Sep
Oct
Nov

17

7%

111

Sep
Mar
Jan

5%

convertible preferred

Illinois Zinc Co common

~1%

"l%

47%

48

Amer

dep rets registered

8%

8%

3X

3A

3%

8,400

28%

28%

50

Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain

.1
_1

Falstaff

Fansteel

Engine & Airplane
Brewing.

8%

Jan

13%

Oct

2%

Jan

53 %

Jan

International Cigar

12%

12

May
113 May
27% Nov

3%

Oct

30%

Apr

1,400

7Va May

Oct

Vb

28,700

2

May

4%

Oct

32'/a

2,800

21

8pr

32 Vb

Nov

12%

12%

13%

1,500

12% May

22%

Jan

11 Va

11 Va

11%

2,400

11

Sep

14

Jan

10

48%

48

48%

230

45

Aug

64

Feb

2%

1,100

lOo

2'/a

preferred
(M H) Co—

1"% May

1

3%

Jan

43%

5%

•

;

18%

18%

5%

800

19

500

•

4%

Oct

6%

Apr

16%

Sep

18% Aug

Fort Pitt Brewing Co

Franklin

Fuller

1%

100

Co

new

Co

Feb

New

Oct

Class A

1%

Sep

3

Mar

common

Jun

10%

91%

31%

Sep

14%

30%

150

29%

Sep

38%

8 Va

8'/a

100

6% May

12%

Feb

14%

1,400

12% Nov

14%

Nov

Kansas Gas &

14%

10%

62

67%

1,000

45 % May

71%

Oct

25

29

Jan

10%

7,600

lOVa

15%

Feb

10%

1,400

6% May

11%

Oct
Feb

Apr

19%

Nov

104%

Feb

May

9%

Oct

2

May

3%

Jan

•

II

4
—

General

Outdoor Adv 6%

4

23%

10%

10 Va

10 Vb

10%

15

14%

General

Shareholdings Corp
preferred

7%

4%

1,300

23%

25

9%

9%

200

7

7%

1,200

8%

400

35%

700

8'/a
35

35

105

105

1
$6

18%

18%

106

60

19%

500

preferred—*
com

convertible

3% May
22

Apr

9%
6

Nov

May

7% July
24

6%

Jan

32%

Jan

14

9%
9%

Jan

Jan

Feb

Jan

37

Nov

xl03% July
17% Nov

109

15%

preferred

Jan

25%
100

300

10 Vb

Nov

15%

Feb

1,300

11%

Apr

18%

300

1%

Oct

5 Va

Nov
Feb

11%

11%

12

2,000

0% May

14%

Jan

6%

61/2

8%

700

6% Nov

30

Jan

1 Vb

1 Vb

1 Va

1,100

18%

18%

18%

150

5 Vb

5 Vb

5 Va

700

4%

Rep

T%

pab

%

Va

%

400

%

Nov

1%

Jan

"3%

300

3

May

96%

98

320

89

Mar

99% Aug

114

113% 114

50

Sep

115% Mar

111%
110%

"5%

"5%

"5%

1,100

19%

(AC) common

4%

19

20 %

350

Jan

4% May
13% Jun

110%

Oct

6% Mar
22%

Feb

52% May

54% Aug

*

Gladding McBean St Co

12%

17%

•

27%

29%

23%

24%

.2.50
•

Coal

23%

1

Inc

27%

Sep

29%

Apr

18%

Jan

25

Feb

page




33.

20%

1,200

15%

15%

17%

4,400

14%

15

1,000

19%

19%

Jan

100
.

14%

Glenmore Distilleries class B

Nov

700

~

Corp

1%

Jan

16% May

22%

Feb

11%

400

Feb

5%

100

9% Aug
3% Jun

22%

5%

7%

Jan

2%

400

1% 8ep

f%

Feb

6%

1,700

6%

Nov

11

300

10

7%

700

6

Nov

5%

HRP

6%

Nov

24%

6

17%

1

Co common

*
10
1

(D Emil)

Kleinert

(I B) Rubber Co
Knott Corp common

9%
10

14%

15%

27,300

16%

14%

16%

100

17

17%

9%

Jan

D

7%
30

'HO
Nov

Jun

9%

May

18 %

Oct

122% July
15% Aug

125%

Feb

5

26% Mar

10

May
6% May

2"

75

400

9%

8% May

14%

July

liiv,

400

15

108

Jan

10% Nov
Feb

Feb

53

51

55%

140

51

NOV

87%

40

40

42 V*

130

40

Nov

69

Jan

15

15

15%

700

12% May

17%

Feb

4%
15
—

4%
14

lit

1%

1,600

4

Sep

6

Feb

5,500

4%
15

7%

Jan

15

Oct

1,200

1%

Jan

111 July

14% Oct
24%

24%

200

25%

Feb

15% May
24Va

20

Aug

19%

26%

Sep
Nov

Apr

Tnr

1

7%

7%

400

Mnv

Krueger Brewing Co

1

18 Vb

18Va

18 Va

100

13% May

18%

Laclede-Christy Clay Products

5

12

17 y8 July

11%

11%

Kobacker Stores—

8

Oct

•

Co

Sep

1

Oct

"3%
—

•
1

Preferred

Apr
Nov

2

1
100
*

Kirkland Lake G M Co Ltd

Lake Shore

•

Giant Yellowknlfe Gold Mines

Jan

May
Feb

89

1
•

Georgia Power $6 preferred

Apr

1%

■

5
*
5

pfd

(Walter) & Co
Kimberly-Clark Corp—
4% %
preferred
100
Kings County Lighting 7% pfd B—100
5% preferred D
10o
King Seeley Corp
1
Kingston Products
1
Kirby Petroleum.
1
Klein

__

100

Plywood Corp
Public

1

•

pfd

General

General

21

K
Electric 7%

Kldde

10%

4

10

see

100% Mar

Nov

6%

Key Co common

15

5% preferred series A
General Fireproofing common

footnotes

111

Sep

13%

10%

Feb

93

£1

For

Nov

85'/a

200

—

Kaiser-Frazer Corp

14'/a

5

Amer dep rets ord reg
General Finance Corp common

Globe-Union

91%

450

14

62

Feb

30%

20

Electric Co Ltd—

Alden

50

94

13%

Feb

IVa

preferred-.

Harvester

95

92

Jan

Sep

100

1

General Builders Supply Corp

Gleaner

Jan

preference

150

•

preferred
Mfg Co common
General Alloys Co

Gilchrist

21%

10

Julian & Kokenge Co

7%

100

5%

Gellman

Gilbert

Oct

6%

23%

2

common

Service

10%

preferred

50

Gatineau Power Co common

General

100

«...

common

7%

23

G

conv

Feb

12

2%

Jefferson Lake Sulphur Co—

Kennedy's Inc

Corp

14-'

11

common

Kawneer Co

Garrett

Nov

J
Glass

1

(Geo A)

1
•

A

Italian Superpower

l

1.25

Stores

Feb

10%

—

*

shares

Chute

Irving Air

23

7%

l

(Peter) Brewing

Franklin Simon St Co Inc
4%%
conv preferred

Feb

14

900

92

50

10
International Safety Razor B
•
International Utilities common
5
Interstate Power $7 preferred
•
Investors Royalty
1
Iron Fireman Mfg voting trust ctfs—•

New

1%

—

Apr

14 Va

12

International Metal Industries A
•
International Petroleum coupon shs__•

20%

Ford Motor of France—

dep rets bearer

6%

Apr

11

Jim Brown Stores common-

Class A non-voting
Class B voting

Feb

10%

10%

20% July

Ford Motor of Canada—

Amer

10% May

—

•

Machine

International Hydro-Electric—
Preferred $3.50 series

Jeannette

JE1

100

Jan

Nov

Ford Motor Co Ltd—

dep rets ord reg

1,800

21% Mar

Nov

40

17%

cum

—

5c to $1 Stores
Amer

13%

3%
30%

1

Corp
Fire Association
(Phila)
First York Corp common

12%

Jan

64

Feb

6

3%

4

11%

12

Nov
Nov

52%

•

200

•

Metallurgical.

div

11%

900

6

Indianapolis Pwr St Light 4% pfd—100
Insurance Co of North America
10

Nov

31%

Fedders-Quigan

Fishman

11%

600

12%

£1

& Ireland

Nov

Registered
Falrchlld Camera St Inst Co

3,400

53%

12

n%

International Products

Fairchild

26%

52%

xll% xll%

£1
•
*
5

1% Aug
43% Jun

150

25%

12%

Imperial Chemical Industries—
Imperial Oil (Canada) coupon

8%
1%

47%

26%
53%

•
50
•

Illinois Power Co common

7%

5
10c

10

common

60%
13%

100

100

1

1

-

300

3

100

1

Eureka

14%

43% Aug

3

3

l

preferred

Nov

8% May
115
May

50

convertible

Esquire

1114

•

Empire District Electric 5% ofd
Empire Millwork Corp
1
Emsco Derrick & Equipment
Equity Corp common

Glen

600

—

Huyler's common

3%

of

Electromaster

$5

14%

—

*
•
•
•

Nov

78%

Option warrants

$6

Nov

4%

Nov

~3%

Electric Power & Light

5%

7%

Sugar Associates—
shares

Electric Bond

Fox

700

21%

57

x74%

$5 pfd shares of beneficial int
Easy Washing Machine B

$2

7%

100
S

preferred

Feb

Mav

10.

100
100

1
•

Holophane Co common.

Feb

6%

9%

10
5

:—

Feb

9

200

10 Vb

1

Hollinger Consolidated G M

5

4%

11'%

1

Henry Holt & Co common
Heyden Chemical common..
Hoe
(R) & Co class A

Feb

2% May
Oct

6%

2

Heller Co common.

82%

Jan

1,700

70%

xl4%

*
—5
25c
*

Corp

Jan

May

41/4

Apr

7%

97%

•

preferred series B

$3

4'/a

Feb

May

Nov

6%

Jan

35 V2

20

8"B
40 %

rd

28

2%

49

1,250

25

55%

4%

4%

•

$6

5%

55%

Nov

vlb>

>

2% May
81
May

series A

preferred

Com

3,200

Corp

$7

Eastern

4%

100

preferred

Eastern

4

100

preferred

4

1,100

of America B non-vot com—1
Hathaway Bakeries Inc
1

(Harvey) Inc
Humble Oil St Refining
Kurd Lock & Mfg Co
Hussman Refrigerator Co

•

1,100

40%

Hat Corp

Hubbell

East Gas & Fuel Assn common

9%

40

•
10
25
1
1

Bridge Co Ltd

9 Va

9%

5

Hall L8mp Co new common
Hamilton

11%

Feb
Nov'

17%

1

Dominion

Duke

10%

11%

£1

common

Dominion

Draper

2%

1
•

rets ord reg

Dominion

Driver

Jan

Ltd

Co

Amer dep

Dobeckmun Co
Domestic

l

50c

common

Jan

H

Oct

8

150

16%

8

10

Raynolds class B

Stores

38
38

6%
32

10%

r

100

Co common
Detroit Gasket & Manufacturing
Detroit Gray iron Foundry

30

Aug

9% May

600

35%

11%

10%

5

Derby Oil

Detroit

-t

35%

May
Apr

6% May

7 V8

7

35%

35

common

28

_

~7

1

16

Jun

9% May
13

Oct

22%

Oct

Mines

Ltd

Lakey Foundry St Machine
Lamson Corp of
Lane

Delaware

Wells Co common

28%

Oil

Development
(R G>

Inc

3b

Jan

12%

Apr
5% Jun

24%
7

Jan

7

May

12

Jan

44

Jan

44%

Jan

2

Mar

29

Jan

300

22

Le Tourneau

21% May

100

23%
23%

Leonard

225

22%

22

Jan

Jan

1

22

NOV

34

200

•

17

Nov

8%.

5
5
1
*
25

17"%

NOV

8%

class A__•

Lefcourt Realty common....
Prior preferred

Jun

24%

800

United Bakeries

Class B

Lanston

9%

7%

Monotype Machine
La Salle Ext University

Langerdorf

16%

6% May
15 Vb Jan

3,700

7%

1

1

May

11V* May
5% Apr

12%

1
5

6Va

1

16%

1

16%

6

Va

600

1%

4,700

1

Sep

17%

1,800

16

Sep

8%

_

Feb

Oct

Oct

THE

Number 4651

Volume <166

GRANGE IFOR

East

Week's
Range

Sale Prioe

of Prices

Friday
STOCKS—

York

Curb

Exchange

Low

Par

Line Material Co

Lionel

Corp

Llpton
Lit

10

(Thos J)

Brothers

Loblaw

Inc 6%

preferred—25

common

Groceterias

*

-

class

20

20

20%

25%

25%

50

9%

9%

100

800
400

19% Apr
25% NOV

16%
21%

1

8V2

preferred

preferred B ctfs of dep

ctfs of dep.,

A

21
8V2

16'A
21%

3,200

8%

300

4,600

Feb

Louisiana Land & Exploration
Louisiana Power & Light $6 pfd

1

Lynch Corp

2

ft
57%
49%
16%

V2
56
49

xl6'/2

%
59
51'A
17%

4,600

200

*

16%

—

500

17

J&n

Ohio Power 4%%

29

Jan

Oklahoma

Feb

Nov

Oliver

Jan

21%

Nov

li'i*

Jan

%

Sep

Mangel

Service

Nov

90

Stores

Manischewitz

(The B)

Securities

Nov

82%

Marconi

International

Communication
Marion

Power

Massey

Harris

11%

Jan

.'17%

109% May
15% Jan

McAleer

5%

Mfg

Co

Ltd

Jan

July

Pacific Gas & Elec 6%

Co

common

McWilliams
Mead

&

13

Apr

23%

Jun

25%

Jun

Pantepec Oil of Venezuela
Paramount Motors Corp

38% July

65

Jan

Parker

5%

5%
7%

7%

24%

24%

24:%

1,600

500

Co

12%

11

12 Va

1

27%

27%

5

6%

6 Va

1

1 Va

l'/a

»

common

Mfg Co
Merritt Chapman & Scott

18%

18%

27%
x6

A

10%

11% May

20%

Feb

Peninsular Telephone common...

6%

Aug

Pennroad Corp common

7 Va

Aug
Jan

28

Oct

Penn Gas &

38% May
8% May

45

Feb

Penn

Power & Light

15

July

Penn

Traffic

24

83 %

300

19

500

May

8% Aug

Jan

5% May

7

Feb

1

3%

Jan

Apr

15 Va May

21% July

4%

preferred

100

Messabi Iron Co

Textile

Corp

25c

Participating preferred

Apr

8% July

108%

—

Sep

111% May
6% Jan

~4%

900

3% May

4 Va

100

3

May

43%

—

_4%

4'/a

1

Patchogue Plymouth Mills

13%

400

Sep

15
1

Michigan Sugar Co

*

Preferred

10

Micromatic Hone Corp

7%

~2Va

9%

__

8%

t c__l

23%

1

v

5%

vtc

B

~2

2

.1

Middle States Petroleum class A

Class

7%

—

400

2.50

23

1,000

10

300

9

900

23%

5%

500

5%

17,200

5% May
7% Sep
1% May
9

May

8%

Midland
$2

5

Oil Corp
Steel

50

Jan

8

Oct

Co

Co

12%

Feb

14%

Feb

23%

Nov

Apr

3V2

3%

3%

15%

15%

15 Va

13%

14

23

preferred

Pharis

Tire

Missouri

&

L

Public

Molybdenum

5%

Service

5%

Nov

Monroe

Loan

Montana

Montgomery

Utilities

Ward

Moody

Investors

Morris

Plan

Mountain

A

partic pfd

Mountain

21%

Oct

33

100

3 'A

Nov

4%

Jun

Pratt & Lambert Co

*

common

6% May

9%

36 Va

100

31% May

7'/a

1,100

Mountain

State3

Mountain

States

Power
Tel

Tel

&

Muskogee

Co

100

7%

7 Va

7%

2,300

3%

3%

2,800

2%

3

12%

1,600

177

177%

150

38

38

%

10%

10%

27

*

300

12

25

41%
n

300

Inc

Hess

National Breweries

7%

88
10

Jan

Sep

106

Mar

May

30

Mar

6% May

11

24

3

Feb

May

5%

Feb

2% July
11% Apr

3%

Jan

15%

174

Nov

31% May
3% Apr

5%

12 Va

16%
6%
3%

Sep

2%

Jan

Aug

11%

Nov

Nov

37

Mar

50

12

13%

Rubber

National

Transit

Machinery

Car

(Herman)
Mur Co

Co

&

$5

New

Park

New

Process Co

Mining

Land

Co

1

N

Y

&

•

.

Honduras Rosario

lo

N Y Merchandise
N

Y

10

Mar

May

Feb

5

Sep

6%

Jan

9%

500

9

May

15%

100

13

Feb

18% July

Jun

10%

88%

90

70

88%

Nov

13

120%

Feb
Jan

Jan

5%

100

4

May

8%

Jan

12%

50

10

Apr

15%

Jan

57%

60%

1,500

57

Oct

67%

Jan

5%

1%

5%

12%

6%

3,300

3% May
1% May

6%

Nov

1%

1%

500

70
10

__

30

Jan

Jan

9%
60 Va

Oct

Mar

14

Apr

Aug

12% Mar

~6%

2,200

6

9%

1,100

9 % May

13%

9%

100

9%

Nov

21%

24%

25%

300

14%

Jan

27

~3%

Feb
Feb

July

"3%

1,300

2%

2%

2%

2,000

12%

12%

12%

900

10

41

41

25

41

56%

58

3%

58
9
5

2% May
Oct

2%

49%

390

9

9%

550

5

5

100

8

~4

~4%
14%

Nov

Apr
May

4% May
14% May

1,000

xl3

May

1,500

"4

Feb

6%

Jan

14%

Feb

46% May
63

Nov

11%

Feb

7%

Jan

17

13

Feb

6%

Jan

May

19%

Feb

8% May

13%

Feb

3% May
10 %

11%

11%

50

93

93

10

93

Nov

43%

43%

44 Va

250

35

May

140

72

Oct

96 Va

Oct

48

Feb

85

Mar

13 Va

NOV

Nov

2%

Feb

11%

Nov

17%

Jan

8%

Apr

10%

Oct

1

1

1

150

99% 100

99 %

Nov

103 V*

Sep

300

98%

Nov

110 %

Jan

Puget Sound Pulp & Timber

200

25 %

Jan

45 %

Nov

Apr

14%

Feb

11%

Feb

98%

99%

45%

45%

13%

99

Pyle-National Co common
Manufacturing

Pyrene

13%

13%

325

9%

8%

400

8

May

85

X8

8%

Quaker Oats common
6 %
preferred
Quebec

Power

•
100

10

$

800

30

30

—

250

Aug

7% May

2%
82
10 Va

ot.il

Jan

Feb

30

Nov

47 %

60

*

Co

May

21%

Jun

Jan

170

Feb

18%

Feb

5y*

Jan

19%

Feb

R
&

30%

10

Investment A.

30%

1

.

2% May

13,800

*

•

$3 convertible preferred.

5

Manufacturing

Roller

*

Bit Co

1
1

5

15%

100

Richmond Radiator

1

Apr

1V* May

■

2

Feb

55

200

27% May

31%

Oct

37%

10

Reed

2%
17%.

Light Securities—

common

Raytheon

2%
17%

2%

38

500

29 7/8

May

38%

Jan

55

55

50

Feb

55 V*

Sep

8%

8%

21%

21%

6 %
3 Va

x6

3Va

9%
22

51

6,300

6% May

13%

Jan

500

18% May
5Vb Sep

23%

Jan

6%

2,000

3%

600

22V4

175

22

3'/a

Nov

8Va Mar

3%

Nov

14% May

__

4%

4%

1%

1,900

Sep

May

32%

Jan

37/a May

600

24%

22

22

6%

Feb

Rio

Grande Valley Gas Co—
(Texas Corp) v t c

Rochester Gas & Elec 4 7o

1

pfd F

Rolls

•

1%

■

-1% May

98

98

10

97

Nov

32

34

100

25

Mar

11%

32

n%

200

11

Oct

2%

Feb

107% Mar
34

Nov

Royce Ltd—

Amer

Rome

dep rets for ord reg
Corp common

£1

Cable

6 Va

400

31/4

Aiir

7%

Oct

Co

1

23%

21%

23V4

10,300

6 Va

Jan

23 V*

Nov

10

19%

19%

20 7/8

400

151/2

Apr

24%

Feb

15

Apr

12

Rotary Electric Steel Co
Royalite Oil Co Ltd...
Fifth

Ave

Ryan
Ryan

6

6

*

—

—

12%

700

10V4 July

Co

1

"4%

4Va

4%

800

31/2 May

Petroleum

•

10

9%

10%

5,400

5

common

1

6

6

6%

1,200

31/2

*

1,700

7% May

500

1.25

common

Aeronautical

Consolidated

Ryerson

14% July

5

Petroleum

Russeks

—

5

Inc

Roosevelt Field
Root

1%

100

Roeser & Pendleton Inc

& Haynes

18%

Feb

14

Feb

6%

Feb

Sep

11%

Nov

Apr

6%

Nov

Jan

10

96

Nov
Nov

Jan

13

__

170

90%

May

150%
14 Va

91

150% 152

90%
152

Shipbuilding Corp—

Founders shares

1

Niagara Hudson Power common
5% 1st preferred
,

14

15%

*

common

N Y Auction Co common

69

Nov

Apr

4%

•

Oct

4%

6

500

9% May

*
*
6
10

Oct

9%

60%

Nov

Feb

Nov

40

600

Jan

14% July

2

1

18Va
39%

24

3%

__

4%

56%

9%

100

preferred

prior preferred

Jan

Oct

2,800

25

Arizona

Oct

9

2.000

..

53%

850

7%

Sound Power & Light—

Puget

July

10 % May

4

20

Zinc

Mexico

May
21% May

4'A

1

convertible preferred

New Jersey

New

13

3%

100

Jun

15 Va

*

Raven Clock & Watch

4%%

400

Jan

43

15

100

12'A

45

Nov

3%

15%

Apr

*

Nov

17%

__

4%

9%

9%
9%

July

Aug
4% Feb

Apr

3%

5

~6

8

11

3%

5
A

New England Tel & Tel
New

200
200

16%

10%

1

Corp
class

16%
36%
xlO

11%

700

Jun

30c

common

Neptune Meter common
Nestle Le

20.700

•

National Union Radio

Nelson

16%

36%
xlO

*

Ltd

2% May
Oct

35%
43

13 V2

Steel

11% May
5% Apr

7,200

37%

11

National

400

3%

13%

National

400

37%

4

100

114% July

Colorado—

of

cumulative

Railway & Utility

11%

National Radiator Co

54

NOV

*

Gas

Service

4%%

Voting

x6

16%

7%

103%

11

4%

14% July

10 V8 May

15

36%

53%

50

Oct

•

1

Feb

4%

Jan

24%

1

2

11%

6

80

July
41% Sep

18V2 May
12% July

400

National Mallinson Fabrics

common

Feb

May

6%

194

Feb

National Fuel Gas

Cooker

7%

5%

97

Jan

138%

25

Mfg & Stores common

Jan

Providence

Sep

300

Pressure

Jan

11,300

Feb

98

300

National

Jan

28%

6

Feb

20

23

13%

National

51%

Nov

~6

700

1021%

12'/4

...

Jun

1,500

27

13%

*

common

preferred

Jan

40%

1%

500

12 Va

3%

59%

250

12%

23%

13%

6

30

44

75

%

22%

1

common

95

July
Nov

12 V*

102

1

common

Bellas

19 V*

73 V*

N
National

13% May

12 %

Railway

Namm's

18%

800

75

8%

23

15

Feb

18

1

2,900

12%

10

52 Va

1

10!,

10

Corp

Feb

Nov

•

Inc

Metals of

;S_

Nachman

15%

America

5,900

1 G

2.50

common

Jan

Jan

Corp of Nevada
Prosperity Co class B

27

100

Murray Ohio Mfg Co
Muskegon Piston Ring common

26%

3%

4'/a

•

common

6% May
102%

""

%

12%

Feb

1,900

4'/a

Apr

28

*
100

1st preferred

8

*

Producers

2
50
50
5
—1
25c
2.50

common

Corp of Canada common

6%

7%

5c

Jan

8%

200

—«■

Nov

Mining Co
& Alexander

7%

10c

America

Jun

3%

8,500

11

10

Producers

10

of

Corp

City Copper common

24%

Nov

shares

common

Powdrell

Pressed

177

27% Mar

Sep

r«

29

55

50c

common

31

Polaris

Prentice-Hall

*

53%

*

Jun

Sep

Feb

5

10%

103% 103%

1
20
2.50

July

Jan

__

Oct

42,500

7%

12

Nov

1

Mar

*

16%

8V4

1

common

Society A

Dakota

Scale

17 V»

1

Corp

Monogram Pictures

Aug

10

2Va May

1

16->s

26%

105

Feb

25

6

1

Jan

*

common

105

Nov

12

43

100

pfd

Johnson Ltd Amer

13% May
1% May

6%

Jan

Oct

99

94%

18'A

Pioneer Gold Mines Ltd

12%

—

ft
10%

28

Piper Aircraft Corp common
Pitney-Bowes Inc
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Pleasant Valley Wine Co

200

100

101%

25

100

13%

11

•

300

*

pfd

120

99

13%

24%

Pierce Governor common

Public
P

104 %

104

25

*
*

1,300

36

38 Va Mar

2.50

& Rubber

2 Va

—

41% Mar

Nov

13%

Philadelphia Co common
Phillips Packing Co

2%

50

Mining Corp of Canada

common

4%%

(The)
Pepperell Mfg Co
Perfect Circle Corp

2'/a

♦

Nov

31%

6%

Co

50c

common

convertible

Minnesota

Elec class A

1

common

j Refineries
Co

3%

22

34%

700

99

375

22%

2,300

31%

104 %

25'A

10

Oil

Feb

12% May
7Va Jan

15,700
25

50c

Piping & Supply

4% %

11

•

Midwest

Wohl

15V4

11

12%

1

Pep Boys

Power

common

Midwest

Miller

14 Va

11

*

Mid-West Abrasive

Mid-West

10% Feb
3% Aug

Products—

dividend shares

non-cum

Midvale

14%

♦

$1 conv pfd

Jun

35%

•
25

Penn Water & Power Co

Pneumatic

Ex-distribution

7%
35

31%

35%

Jan

Feb

8% May
16

Middle West Corp—
Midland

Feb

warrants

Penn-Dixie Cement

Pinchin

Michigan Bumper Corp
Michigan Steel Tube

16

Oct

Mar

50

2,500

Sep

11

1
*

May

1,500

Warrants

6% ft

6

Sep

7

Nov

%

9%

10%

5

Co

Pen

5%

1 %

300

Jan

10%

1

$1 cumulative preferred
5%

•

*

Memphis Natural Gas

500

Nov

13%

•

Parkersburg Rig & Reel
1,100

14

Amer shrs__

3

_9%

Jun

13

*

200

13% xl4

9%

*

13%

~9%

Oct

1,000

13%

preferred

1st

13%

13%

18

Public Service

Page-Hersey Tubes common
Pan American Airways warrants

13%

*

Menasco

Metal

Oct

7

21% Aug
20% Jan

10

Dredging

Johnson

Sep
Nov

1

.

preferred
Corp common
preferred

$2.50

5%
18

~9%

Jun

25
25
»
100

Lighting $5 preferred
pfd

800

*

convertible

McCord

1st pfd

1st preferred

16'%

10

12 %

9

Pacific Can Co common

20

18%

£l

common

Feb

12%

Nov

118

Marine

Shovel

Jan

8%

Sep
Oct

Jan

*

Mapes Consolidated Mfg Co

37%

4% May
11

1

*

Co

29%

1,600

1

18%

1

common

Nov

109%

300

6%

Nov
Mar

Jan

49

$1.30
400

210

33%

O'okiep Copper Co Ltd Amer shares

Pacific
7

111%

33
x6

39
116

*

Pacific Power & Light 5%

7

5
10

Co

Jan

2%

Jan

31

Jan

1%

551

M
Public

Gas

Filters B

United

Pacific

Maine

250

1

Omar Inc

16%

IV* May

1,000

39

111

100

preferred

Natural

1%

38 %

•

Old Poindexter Distillery

7% May

16%

High

Low

15

31

5%%

Mackintosh-Hemphill Co

B common

class

<28

5 Va May

5,900
1,150

Co

Ohio Brass

1%

60o

Ogden Corp common

Overseas

dep

7%

6%

16%

Range Since January 1

Feb

Jan

Ilia

Jun

x2l

1
10

28%

32%
.

Sep

25% July

Gas Corp common
Longines-Wittnauer Watch Co
Long Island Lighting Co—
ctfs of

May

23%

5

Star

Common

a in

Shares

High

Low

Par

S«les
for Week

Oct

20

13% May

*

Chain

Logansport Distilling Co
Lone

16%

Last

Bale PriM

Exchange

Curb

High

Low

A

Class B
Locke Steel

1

STOCKS—
York

New

Range Slnoe January 1

High

16%

Week's
Range
*f Prices

Friday

Sales

Share*

16%

—

ENDING NOVEMBER 28

for Week

--

5

WEEK

5%

1
100

preferred

2d

Class B

100

13%

8%
101

13%

8%
101

118%

13%

100

9Va

8,800

103

250

118% 120%

600

7% May
101

Nov

110

Apr

15%

Sep

10%

Jan

124

Jan

122% July

Bt

Lawrence

5
*

Hundred Corp B

Nineteen

Noma

5

Electric

1

preferred.

*

North American Rayon class A
Class

B

*
*

common

North American Utility Securities
Central Texas Oil

Northern

Northeast
North

RR

Co

Northrop

Power class

Aircraft

For

footnotes

~_25




1

2%

2%

2%

200

2 % May

25c

2%

2%

700

4%

100

IV*

Jan

Samson

9%

900

Feb

Sayre & Fisher Brick Co

1

11%

12%

8% May
9% May

10%

11%

15%

Feb

Schiff

*

12%

13

9

1%
18

7%

9

lft
17%

7%

lft
18%

3,600
8,200

45

45%

42%

43

3%

189

23A

23A

14'%

14%

3%

3%

700

300
600

100
100

2,900

33.

is

Aug

May
6% May
155% May
32

30%

2%
10
3

97%

100% 101%
39%

39%

43%

50

2,900

1

page

Jan

11

7%

188*

—

10%
1

—

—

300

2,900

__

__

2,300

6%

6%

7%

2,200

*

*

see

3,100

27% May
6% Jan

% May

pfd.100

A

Inc

Novadel-Aaene Com

10%

500

—50

<.

Northern Indiana Pub Serv 5%
Northern States

•
5

1

Airlines

Penn

41

10 Va

%

1

Mines..

North Amer Light & Power common—l
$6

14%

39%

10%

3A

Savoy
Niagara Share Corp class B com
Niles-Bement-Pond

Nipissing

United

14

39%

1

conv

14

50

Corp Ltd
pref

Class A $2

Salt Dome Oil Co

%

optional warrants

31

EXCHANGE

CURB

YORK

NEW

New

(2235)

COMMERCIAL & FINANCIAL CHRONICLE

20 Va

183A

20%

1,000

100%

Apr

Apr
Nov
Mar
Nov

2

Jan

1

common

Manufacturing
Steel

Jan

Scullin

Feb

189 Va

Nov

Seeman

45 %

Nov

25

Securities Corp General

Segal Lock & Hardware

43

5%
14 %

7%

Selected

Nov

Jan

,

$5.50

prior

Allotment

Semler

Feb

Sentinel

Feb

Sentry
Serrick

common

1
5

stock

3%

3%

25

Inc

Radio

Safety

common

Control
class

B

3% May

1

3

Oct

6Va

Feb

37%

Sep

3%

Jun

6%

Jan

29%

Apr

37%

Jan

13%

Feb

17

21%

Feb

4%

Jan

~2%

~2%

~2%

400

17%

17%

300

2%

2%

2%

—

6,000

May
2% May

19

May

4%

24

20%

250

2%

2%

4,300

2

Apr

3%

17%

18%

1,000

13

21%

82'/e

200

78

May
May

20%
18

3

May
2% Aug

82

80%

1
1

May

5,200

33

Jun

Jan

Feb

Feb

Feb

90% July
92

July

"5%
1
—

"5%

700

5% May

13%

Jan

2%

1

Corp

1% May
26

Oct

Feb

1,000

32%

certificates

(R B)

Corp

Inc

100

5%

Oct
Nov

8

3%

*
1

stock

32

33

*

Industries

Convertible

Jan

9% Mar
31%

1

Selby Shoe Co

2%

4%
32

*

common

Inc

Jan

110

46%

Co

Bros

Sep

Nov

Aug

(D A) Inc

Scovill

11%

101% Jun

18% Nov

Schulte

(Del)

common

20%

Feb

30% May
5%

14 % Aug

Oil Inc
Co

Corp common

16%
44%
13

2%

500

2% May

4%

Feb

1

1%

400

1

Apr

2

Feb

12%

100

8%

Jan

12%

13% Aug

't;

32

(2236)

THE

New

York

Curb

Exchange

Sale Price
Par

Beton

Leather

Week's

Fast

common

of Prices

Shares

11%

5

COO

*

300

1

4%

new

15

25

common

preferred

2,600

70 %

-100

109 %

900

107% 109%

30

4%

73

Sep

Wagner Baking voting
7 %
preferred

106% May

115% July
27

Feb

Apr

13

Oct
Feb
Jan

Wentworth

8%

6%

Apr

9%

Oct

West

Utilities

250 %

Nov

Jan

West Virginia

Sep

5%

Apr

Western

94

Nov

102%

Apr

Westmoreland

24

Apr

25%

Oct

Westmoreland

15%

Jan

Weyenberg Shoe Mfg

8%

Feb

Whitman

4%

Sep

Wichita

10%

Nov

Williams

Jan

Willson

Aircraft

254

*
1

9

*

9 %

1

3%

3%

3%

1

—

—

3%

3%

4

4%

4%

300

37%

36 %

38 %

3,700

9%

1

common

Corp common

12.50

Southwest Pa Pipe Line

1,800
900

1,400

10

300

7V4 May
3%

Sep
2% Mar

10

(R

38%

Nov

Jun

35 %

Feb

40%

40%

40

Aug

Woodall

2.9

28%

29 Va

1,900

28%

Nov

33'/a July

Woodley

25'4

25 %

25 %

100

25 '/a

Nov

29'%

Woolworth

5

5

34

Oil

35

35

500

4%

5

200

4 %

*

6%

6 %

6%

2.78

1%

1%

1%

(A)

Co

25 'A

36

3,800

9%

500

21%

3%

800

3

May

10

~9%

10%

800

9%

Nov

28%

28 %

29%

2,000

27%

Jun

1%

1%

2,800

1%

100

110

20

1% May
1% Oct
100

4

1

8%

8 %

8 %

1,000

8%

3%

Sep

Corp

1

4%

*4%

4%

500

4%

Nov

1

3%

3%

3%

400

3

Feb
Feb

12%

Feb

5%

Nov

4%

Feb

9'%

Feb

'

4%

4%

5

300

Sep
4% May

61

61

62

130

61

Sep

77%

Feb

25

24%

25%

400

27%

Feb

1

19%

19%

100

17% May
14% Jun

29%

Feb

1

8%

8%

100

8%

Oct

1

2'/«

2%

2'%

1,800

1

Stetson (J. B.) Co common
Stinnes (Hugo) Corp
Stop & Shop Inc
Stroock (S) & Co common

8%

8%

8%

400

14%

14%

*

5

%

1

15%

15%

1

•

23 %

23'%

*

Sunbeam

30%

32

25c

common

Superior Portland Cement, Inc
Superior Tool & Die Co

7

"

150

50
50

700

7

7%

800

17

*

6%

Jan

2'%

Nov

5%

Feb

May
11 'A May

13'A

Feb

17%

Jan

2%

Jan

7

200

15%

17%

625

%

Nov

13 'A May
20
May

18

Sep

32

Feb

26

35% Aug

May

7

Jun

10

12 % May

1

3%

3%

1,100

3'/a

14'%

14'%

50

12'%

July

20%

Apr

Jan

4%

Jun

10

Swan Finch Oil Corp

pfd

"iexas

Pdwer &

__

Light 1%

Thor
Tilo

Inc

Co

York

Associated

Curb

Realty &
Brewing Co
&

500

14 %

2,200

Jan

16% Nov

Steel

Edison

§C?ntral
A5s

Allied

20

8%

Jan

10%

Oct

May
10% May

34 %

17%

17%

100

14

Apr

30

400

19

Jun

18

18

200

13

18

Oct

31%

Nov

Oct

21

13%

100

20%

Jan

10%

13%

525

10 Va

Nov

19%

Jan

5%

5%

300

5'/4

Sep

8%

Jan

14%

15%

225

14%

Nov

16%

16%

100

11% May

15%

21%

Feb

17%
108'%

Oct

105

Nov

11

May

16%

Feb

Jun

13%

Nov

Feb

14

14

14%

1.200

13 %

12%

13'%

1,100

9%
9%

Jun

13%

Nov

2^

210

2 jh

7,900

~2V*

May

~3'A

Feb

117

19 'A

Jan

122

12%

Apr

.1961

.2024

.1964

.1998

Electric

52%

52%

70

5%

*165

180

105 %

106%

108'/a

12

110%

115%

165

165

100%

:

100% 101

106

17

90

-1954

M-S

91%

M-S

104%

95

91%

90

96 >A

,

104% 106'A

81

110
11

103%

106 'A

103%

105 «/4

104 %

106%

Debentures

3s

1977

J-J

84'A

313

81"%

1969

J-D

4

105%

109

10

100%

106 'A

99%

105%

Consol

El

Lt

1st

ref

mtge

3s

1st

ref

mtge 2%s

1st

ref

2%s series R

Gas

Pwr

&

1976

Q

ser

Lack

1st

Western

&

of

Lackawanna

J

N

A 1st

108

107'% 10&

101

A-O

101%

99'%

99'%

,

2

54

107

ni3

117

114 %

116%

,

119%

RR—

Division—
Af-N

*55

57%

.1993

May

*27%

28%

.1965

J-J

.1993

mtge 4s ser A

Eastern

93%

—

4%s

mtge

105'% 106

A-O

M-N

1954

City)

(Bait

105'%

J-J

1981

1962

Gas

82%

(Bait) —

P

ser

83

mtge 4s ser B
& Fuel 3%s

Gas

99% 100

55

68 '%

25

36 Va

98%

2

106

Oct
.1956

M-S

.1961

M-S

*

Jan

.1948

J-D

*63

Oct

.1950

J-J

103

7% July

.1963

J-D

19

Apr
Apr

11 l'A

%

99

16

22%

200

111

Jan 1966

5s

JLJ111! 11 <J*

12% May

103 Va

7

U06% 107%

—

119

100%

23

»

24

Finland

6%

%

Corp—

Oct

6'%

101
100

103% 104

22%

12

J-J

115

101

99

Q-F
J-D

.1948

.

111%

105% 106'A

Nov

100

J-D

119%

High
102%

105

8

105%

19

700

J-J

-1970

6s

*118'/:

Jtf-N

101 %

Low

100%

105%

103%

Feb

16 %

J-J

No.

•

--

105

J-J

.1953

.1955

5%s A

tlOOa'j

Range Since
January 1

Sold

Af-Q

Nov

15%

J- J
J-D

High

Bonds

A-O

Feb

May

Friday's

1969

20%

14%

or

Bid & Asked

1958

48%

16%

Week's Range

5s

Jan

.5

Last

Sale Price

5s

Feb

29 %

8%

*

Mar

37% July
Sep

27

Debenture

33

Stocks

32

Jan

Debenture

11'A May

Tobacco Security Trust Co Ltd—

Nov

Jun

18

28%

.1970

redeemed)

Service

1,000

6'%

26

180

Period

redeemed)

(10%

A5%s
Cities

4,300

1

225

Interest

2%s

States

(10%

15%

15%

35%
23

Nov

160

13 %

Exchange

C

Bethlehem

Boston

48 %

__

34%
23

17%

18"%

Jan

May
May

11%

*

4%s

deb

Tel

&

series

15

1

105

5s

City Electric 3%s
Telephone of Canada—

5s

47

Construction..

8%

210

£1

Atlantic

15%

1

Tishman

3,000

Feb

zo

35%

-I960

Electric

Tel

Assoc

47%

common

18%
160

111

1

Appalachian Power deb 6s

S

common

Corporation
Roofing Inc

Tobacco

31%

13%

119% 120

17%
150

50

2

Amer Writing Paper 6s
Appalachian Elec Power 3%s

_50c

Shovel

Tivoli

31

14%

2

Textron Inc
Tnew

31

Ilioo

pfd

Texon Oil & Land Co

Feb

112%

Low

Delaware

1
•
*

_

112

9% Oct
113% Mar

13%

BONDS

Gen

common

Feb

2%

100

deposit receipts
preference
Hargreaves Ltd

Consolidated

Taggart Corp common
Tampa Electric Co common

17%
155

*

2%s conv debs

Technicolor Inc

8%

6% May

Ltd—

(F W)

New

Bell

*
*

common

3% May
1% May

200

Feb

130

May

Co

-1

300
9

Friday

32 'A Mar

1%

112

1

Petroleum

21% July
13% Feb

110

Feb

4% July

17% Mar

•

Feb
Feb

12%

Feb

11%

23%

3'%

2

5%
27

Nov

May
11% Sep

25

4%%

Industries

Nov
Nov

6

Jan

Nov

9%
21%

3 >4

1

Sterling Aluminum Products
Sterling Brewers Inc
Sterling Engine Co
Sterling Inc

Corp
Sun Ray Drug

Nov

9%

1

Corp

& L

1%
13

4,100

Jan

21%

•

&

2%

20

Co of Canada

6tein

Oct

1,100

Jan

Jan

1%

36

10

Products

(The)

9

200

1

Standard Tube class B

Starrett

200

May
4% May

Wright

1

(Ky)

Standard-Thomson
-

6%

Feb

2

3%

13% Feb
113% Apr

Apr

1

Inc
common

American

Nov

8%

10

Preferred

Standard

Jun

8% Mar

16%

5

Standard Power & Light
Common class B
i.

3% Aug
Jan

5
*

preferred
Dredging Corp common
$1.60 convertible preferred
Standard Forgings Corp
Standard

46

Sep

1%

Jun

8% May
110

*

5 Vo
preferred w w
Winnipeg Elec common
P

10

8%

10

Co

&

Products

25

Convertible

Corp

Bi others

25

Standard

C)

1
1

Co

&

Oil

Wilson

39

1

High

150

10

May
May

25

Brewing
Co
Standard Cap & Seal common

20

May

4.32%

Standard

Coal

3 %

4.48%

•100

5

Inc

(Wm)

5%

10

*

Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery
com—*'

Wisconsin

Southland Royalty Co
Spencer Shoe Corp
Stahl-Meyer Inc

$6

5

7

200

6%

1.25

preferred
Coal & Coke

River

1%

9%

1

27

Southern California Edison—

original preferred
conv preference
cum preferred
Southe'rn Pipe Line

Corp

27

1

common

10

312

Texas

1%
9%

111% 111%

3%

Manufacturing

100

Paper Mills

Manufacturing

warrants

17

£ 1

Solar Aircraft Co

South Coast

Baking Co

1

257%

254

Low

30
Co

39%

&'%

100

Solar Manufacturing Co
Bonotone Corp
Boss

Ward

1

3%

1

Sioux City Gas & Elec Co—
3.90% preferred

South Penn Oil

Inc

$2 cum pfd
Waltham Watch
Warner

dep rets old regis

(Howard)

Bond

&

Sep

May

Publications—

Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—

Smith

Waitt

trust ctfs ext_*
100

36%

10

Range Since January

High

*

Nov

Oct

Ainer

Co

Waco

15%

11%
H

Aircraft

Jan

9% May
67% Oct
22 %

•

Shares

Feb

24

•

preferred

for Week

14% Mar

Jun

2% May
Nov

*

convertible

Sales

Range
of Prices
Low

17%

Bick's Breweries Ltd
Bilex Co common
$3

Week's

Last

Sale Price

Exchange

Curb

High

Sherwin-Williams of Canada

Bimmons-Boardman

York

New

Range Since January 1
Low

Shattuck Denn Mining

Sherwin-Williams

Friday

High

Bhawinigan Water &

Power

'>X

STOCKS—

for Week

•

Sheller Mfg Co

EXCHANGE

VftVI-WRBn

Sales

Range
Low

Monday, December 1, 1947

FOR

RANGE

Friday

CURB

YORK

NEW

STOCKS—

CHRONICLE

COMMERCIAL & FINANCIAL

49

Jun

63%

Jan

8

July

12%

«

Residential

124

120

*118%

Mtge Bank-

Jan

Guantanamo & Western

.1958

6s_.

70

—

*102

84

55

65

15

103

103'%

103

105%

2..

103

106 '/a

56%

62

*57

J-J

63

68

Amer

dep rets ord regis
Amer dep rets def
reg
Todd Shipyards
Corp
Toledo

Edison

4%rl

-

Trunz

Inc

1 Ve

1 1

1%

8

200

1

Oct

70

79

May

100%

275

99%

1%

l'A

1,500

1 '/a

4

1,600

2'A

1,800

93%

—100

100

1
4

—1
warrants

96

2%
*

.

_

__

4

♦

pfd--

Lux

Corp
Tri-Continental

__

♦

Tonopah Mining of Nevada
Trans

—-

.

__
„

Tung-Sol

Lamp

mil

Works

7%

7%

7 Va

9%

9'%

97

2,000

2%
105

■1949

102%

July
Oct

May
3% May

1%

4% Mar

1% May

3%

Feb
Oct

12 %

4% May
87/a Oct

Jan

32%
7%

Jun

104%

103%

107%

A-O

*104

104%

103%

104%

102

102} J

104

103

105%

104%

108%

.1950
ref

&

Power

International

%

series C

s

A6%s

(Dec

1

M-N

104%

J-D

*25

30

F-A

28

28

1941

convertible

*

preferred

8

500

series

E

..1957

cpripQ

P

..1952

Gas

Union

of

10c

Canada

Oil

Co

of

Corp

United

Feb

Sep

11%

Feb

500

7% May
5% May

9%

Jan

7

Apr

Kansas

104%

Jun

Midland

7 1

2

7%
6 '/ 8

200

*

91%
3%

93

75

91%

Nov

61%

40

56

Jun

3%

1,800

3Va

*

%

"%

%

17,400

10

16%

16%

17%

1,200

7

19%

Warrants
*

United

Corp common
Light & Railways

United

Milk

Products

common

Preferred

*

27'%

27%

27 %

50

Profit

10 %

RR

&

100

U

Foil Co

S

class

Graphite

B—

--------

common

.

Stores

Universal

Universal

common

Products

Utah

Power

common

Sugar
&

M-S

103

103%

102%

104%

M -N

107

107

105%

107%

3-D

101%

101% 101%

A-O

105 %

105 %

1971
1964

A-O

27%

Feb

Apr

28

Apr

28

Feb

Venezuelan
Venezuela
Vogt

7%

Apr

Oct

293%

Feb

1% May

3%

Feb

1st

mtge 3s
Park Lexington 1st mtge 3s

.

6%

104

105%

109

103

102'%

107

77

92

*90%

J-J
3-D

92

J-J

$104

;

.

—

104%

107

107%

•

*

108

109

*105%

10

Jan

71% Apr
49% July
14% Feb
23% Jan

Safe Harbor Water Power Corp 3s_1981

Southern

California

20% Nov

Southern

California Gas

41%

10

40%

Nov

San

600

2,800

11

.5

18'%

18%

18 %

150

15

May
May

2%

2%

600

2

May

3%

Feb

275

82

Jan

89%

Apr

10'A May
2% Oct

18%

Feb

Southwestern Gas

3%

Oct

Spalding (A G) 5s
•
AStarrett Corp inc 5s

83

84

16 Va

16

16%

2,500

2%

400

2 %

36

2%.

36%

500

,300.

10
x26% x27%

1C

200

8% May

Edison

'




33.

*100

M-N

108'%

108 %

'

116% 116%

108'%

116

% 121%

97

1

% '100%

3%s

M-S

A-O

100

100%

2

M-S

101% 102%

67

101%

1970

3s

A-O

105% 106%

18

105%
WfUKilS**

107%

■

2%

Jun

26 Va

Apr

44

Nov

19 Va July
23
May

23

Southern Counties Gas
1st mtge

(Calif)

—

:' $98

100

100'

1970

F-A-

105

105

105-

1989

M-N

102

102

101

1950

A-O

*112

116

1966

A-O

—1971

3s
& Elec 3'As

J-J

Jan

3%

Feb

5s

collateral

trust

3%

3%

1,100

3

May

X21%

22%

1,200

21

May

200

8

20

94

May

105%

•

108 )H

»104%;

,89% Ml *15
68

71%

$68%

'

•

.

75
lliW-f l

.0

•

32% Mar

r>

Stinnes

4%

Jan

23% Nov

(Hugo) Corp—
A7-4s 3rd stamped-,
Stinnes (Hugo)
Industries—
A7-4s 2nd stamped

1946

J-J

1946

12%

Feb

Wash

income

27

A-O

*25

31

J-D

103% 103%

1954

M-S

May

126% Mar

West

Penn

Electric

6%

2,400

5%

Oct

7% May

West

Penn

Traction

800

2%

Feb

4

July

Western

Sep

14

Feb

s

f

27

;

■»

47
""

••

3%s

-1964

28

47%

103% 106%

2030

5s

A-O

1

—1960

J-D

Union—
debentures

1959

F-A

5s

78%

-

78%

63%

82

108 % 108 %

J-D

106;V

107%

110

106% 107

105 y4

108

120% 120%

115%

122

11

Newspaper

conv

,

Hotel—

3%

«s

27

1949

debs—i

Water Power

11 %
page

170
106

1965

Scullin Steel inc mtge 3s

6%
j

146

104%

1952
1951

Joaquin Lt & Pwr 6s B

10%

83

*104

A-O

■

14%

10

147%
105

13% Mar

Sep

1952

10

2%

147

M-N

perpetual certificates

5%s series A

3%

Petroleum

Syndicate Inc

see

*100

Queens Borough Gas & Electric—

60

105% 105 %

preferred-

footnotes

101 %

106

.•

Pennsylvania Water & Power 3%s_1964
3%s
.'
1970

100

61%

10% xl0%

Manufacturing
For

65

Nov

24

x21%

common

common

convertible

104

53

60

1968

a5s

$4

102

59%

2004

Waldorf-Astoria

Valspar Corp

102% 102%

F-A

N Y & Westchester Ltg 4s

3%

Light

111

A-O

United Electric Co of N J 4s

Utah-Idaho

107%

Ohio Power 1st mtge 3%s

Oct

13%

50c

Co

107% 107%

Jan

18%

42%
105

45% Mar

Apr
19% May

94

104%

--

1967
1961

4%s
England Power 3%s

10%

1

Consolidated Oil——
Insurance—
T~

Universal

New

13%

.1

U S Rubber Reclaiming Co—

United

J-J

1,975

12

60 %

'

Radiator

*104%

102%

1956

Milwaukee Gas & Light

Aug

1

*

S

3-D

800

41%

60%

•

U

21

1963

to

1
,

common

65

21

2

12

5
15

United Specialties common.S

1%

10
common..

Preferred
U

70

21

May

248

25c

Machinery

98%

69 %

J-J

% May
14%

7% Mar

Canal

Sharing

preferred

United Shoe

99% 100

J-J

RR—
4%

Extended at

J-J

Public Service of New Jersey—

regis

NJ

40

Valley

Apr
Jan

16%

10,100

United Molasses Co Ltd—
Amer dep rets ord

United

7%

Mar

29

*

United

2% May
26

""

62

42

1969

Light 3%s

McCord Corp deb 4%s

91%
61%

50c

common

Power &

42

27

1966

;

6*

42

28

1963

Altalian Superpower 6s
Kansas Electric Power 3%s

6 %

100

Gas

'*

3%

6

*

Elastic^ADorp

United

2% Aug

400

Calif—

Chemicals

United

300

7%

Debenture

41

28%
34%

*25

J-J

1952

2%

7%

•

$3.75 pfd series A
Union Stock Yards of Omaha
United Aircraft Products com

United

7%

43
42

28

1952
1957

2 %

5

Investment Co

Union

(July 1941 coupon)

Interstate Power 5s

Realization
Corp
Unexcelled Chemicals
Corp

Union

29 %

30

.1957

A7s

Ulen

104'%

1955

c

A 7s

A 7q

80c

|.V

Sec-

Feb

A 6

10211

103'A 103%

.1955

5s.

F-A

.1970

lien

1st

J-J

.1963

Jan

27

*104

1949

Jan

Nov

A-O

$101% 104

101%

105%

Volume 166

THE

Number 4651

COMMERCIAL

NEW

& FINANCIAL

YORK

RANGE

FOR

CURB

WEEK

ENDING

CHRONICLE

(2237)

EXCHANGE
28

NOVEMBER

Week's Range

Friday
Interest

York

New

Curb

Exchange

Last

Period

BONDS

Foreign Governments & Municipalities

Sale Price

or

Low
BONDS
York

Curb

Friday
Interest

Exchange

Last

Week's Range
or Friday's

Period

New

Sale Price

Bid & Asked
Low

Agricultural

Mortgage

A

20-year
£20-year

de

Rio
Bonds
Sold

High

Range Since
January 1
Low

No.

ARussian

April 1946

7s

Jan 1947

A- O

67 %

07 %

(see

Mortgage Bank
Valley 7s

ACauca
Danish

Cons

Municipal

41

40

41 */4

85%

85%

5%s

1955

M-N

External

5s

1953

F- A

Waterways—
6%s stamped
1952
(Peru) 6Vis stamped-1958

M-S

Danzig

Port

A External

stamped

AMedellin

(Plan

reduced

Interest

7s

81

3%

3%

3%

29

2

6

3 %

3%

3%

11

2

6

Under-the-rule

delivery

21

sale,
d Ex-mierest.
eOdd-101
sale,
r Cash
sale
x Ex-dividend

flat.
in receivership.

used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"wi," when issued; "ww." with warrants; "iw," without warrants.

18%

28

34

30

47

Slock and Bond Averages
are the daily closing averages ol representative siucks mid doiiub
the New York Stock Exchange as compiled by Dow; Jones & Co.

Below

A)
2008

2%s

stamped

A7s

Bank

(issue

M-N

$27

J-D

:t39

43

listed

on

-fitocka-

A7s

(issue

30

20

Indus-

Rail-

of Bogota—

of

May

of

1947

1927)

$46

M-N

1947

1927)

Oct.

t Ex-distribution.

sale

y Ex-rlghts.
sales being transacted during current week.

no

being traded

29

11

prices;

94

11

asked

-Bonds-

10

Mortgage

32

3-D

96

88%

20

1951

to

High

24%

Abbreviations

85%

11

126

J-J

Deferred

45

85

J-J

J-J

1919

a

and

bid

&

ALima City
Maranhao

6%s

n

^Friday's

g

Loan—

External

2012

value,

par

70'/a

22

20

Low

A)

Ex-stock dividend,

78

65'/a

^Reported
J-D

January 1

No.

High

of)
1948

Range Since

Sold

High

1921

ABonds

Bogota

(Plan

2%

Government

66%

UIV2

J-J

to

A5Vis
•No

7s

stamped

reduced

Interest

(Col) —

Bank

Janeiro

Bonds

Friday's

Bid & Asked

A-0

46%
46

27

40

40

52
53

AMortgage Bank of Chile 6s

1931

J-D

J18 %

Mortgage Banx of Denmark 5s

1972

J-D

t82

18

25%

81%

98%

Total

uni¬

trials

roads

182.33

22

48.66

33.95

10

First

10

10

Second

Total

Indus¬

65

ties

Date—

Nov.

10

Stocks
64.39

Grade

Grade

Utili¬

trials

Rails

Ralls

ties

100.66

103.65

87.31

103.71

40

Blurts

102.99

9P.65
98.57

Parana

Nov.

reduced

to

2008

2%s

J 28

M-S

30

RANGE

Baltimore Stock

100.41

103.81

86.79

102.51

98.38

63.63

100.35

103.70

88.81

102.45

98.33

102.53

98.24

*

Co

of Prices

Shares

Fidelity & Guar Insur Corp

WEEK

Low

High

Low

3%

332

18 %

17

18%

449

17

28

179.51

40 %

40 %

2

40

Jan

3.35

10

6.75%

U

prior

preferred

S

62%
105

100

Amsterdam Casualty
Fidelity & Guaranty

New

72

14%
3.35

46

37

37

105

27

Par

Nov

25%

Feb

Admiral

Nov

9%

Jan

Advanced

44%

Jan

Aetna

Ball

Bearing

common

40 %

Jan

Allied

Laboratories

common

100

5

27

45

2

50

139

72

46 %

105

Jan

72

5s

Transit

Corp

Co

1
5

common

Aluminum

Tel

Castings

Tel

&

Aug
24% May
39% May

105

Nov

29

Jan

.46% Jan

Armour &

Co

Co

1975

75

76

$5,000

71

July

90%

Feb

—1975

85

85

6.000

83

Aug

98

Exchange
Week's

Friday

Range

Avco

1 %

13%

13%

1

2

Shares

Low

100

Tel

100

Rights

Mfg

Co

153%

LOW
19

43 Vb

152 % 153%

1%

1%

3,409

1.7«

79,419

49%

High

l,3fi

44%

1747/8

*

996

26%

50

36

36%

188

31

0

19

19

100

14% May

xll5

119

100

& Albany RR

100

Boston Edison

43%

115

43

Jan

Feb

51

Oct

42 Vb Mar

May

xll5

Oct

19%

Nov

135

Jan

25

40%

40%

41%

1,275

39% May

50 y2

lOu

19%

19 %

19%

594

18%

Sep

20 Vb

Sep

Boston Herald Traveler Corp

•

27%

CM

28'

105

25 y2

Sep

37j/2

Jan

Boston & Maine

7%

Personal

100

Prop

Trust__

Service

Eastern Gas

4%%

•

31

31%

121

20 % May

i6y2

16 y2

230

12

x36%

16%

10

31

39%

268

23%

Mass

Street

100

89

89

50

82

Jun

100

92

92

15

85

Sep

preferred

100

25

26

108

20

Aug

First

adjustment

Lines

Inc

common

Group Assoc

Gillette

Kennecott

Lone

Razor

700

26%

55

x59%

61 VB

200

42.48

42.48

34%

34%

36

*

Co

28%

28%

29%

7 %

1

Copper

x47

•

Boston Theatres,..-

Star

21%

26%

1

Hathaway Bakeries
Loew's

20%

•

Electric

Safety

21%

•

Capital Corp

General

"

*

Stores

National

General

Oct

97

Jan

Ry—

preferred B

SS

Cement

25

•

15

67%

15

18

124%
47

Jan
Jan

Jan

24% Mar

25

Apr

30 %

51% May
39.50

Apr

62%
44.50

Oct

Oct

Sep

31% May

40

452

23% May

32 Vb Mar

7%

150

278

15

20

69

7%

Feb

&

Sep

10'A

Feb

51%
17

Feb

May

Cent

S

&

Util

W

Central

States

Cherry

Pr

Burrell

50c

common

&

pfd

Lt

Corp

5
1

Chicago Corp common
Convertible preferred

Milw St.

Chicago

•

P Pac vtc

*
•

Chicago & South Air Lines

Chicago

Co

Towel

*
2%

common

Chrysler Corp common

(new)

Cities Service Co common

(The)

Inc

Co

Commonwealth

10

Edison

Credit

Domestic

class

Corp

A

12%

12%

30

Nash-Kelvinator

5

16%

16%

18

44c

44c

11%

13 %

4,605

11%

Nov

89 y2

90%

1,036

88 Vb

Nov

38%

38%

10

16%

1,514

Cos

1

Electric

System
New 1 England Tel & Tel

20
100

11%
89

•

Pennsylvania RR

50

16

.25

Quincy Mining Co

4

200

Machine

4

4

450

14

39

2%

10

2.50

16

14

*

.

Rexall Drug, Inc

Simons

Fitz

Dock
Flour

Co

Dredge

Connell

&

Association

6%

2%

6%

7

*

common

Four-Wheel

Drive

6 7o

S
,i

Shoe

Machinery
preferred

Xl3%
14

*

-■

Feb

Goldblatt Bros

19%

Feb

Gossard

67c

Feb

Great

13%

May

26 Vb May
16

Nov

2% May
12

Mar

1%

Feb

6%

Nov

14%

315

14

50

13 y2

121

39%

Jan

26%

Co

(G)

Spencer

Feb

Hibb

Feb

56%
61%
41

10

43%

43%

1,854
350
.

3% Aug

11%

Feb

15% Mar

95

Warren

System Inc
(S D)

Co
Weetinghouse Electric Corp

For footnotes see page 42.




•

May

Illinois

71 y2
48

100

40%

Jun

60%

12%

28%

15%

30

15'A

500

28

28%

276

300

500

40

Mar

61

Nov

48%

300

35

Jun

48%

Nov

Apr

21

Feb

237/e

Feb

Nov

20

Jan

May

42

Jan

50

_.

19

19

12

12

12 %

400

16%

11% May

__

__

9%

__

8%
63

7%
5%

6%

6%

750

32%

32 %

50

1%

1%

50

1 %

May

xll%

__

11%

100

xll%

Nov

15% Mar
10% July

6%
30

9%

938

1,800

8% May

8%

8%

80

7 % Mar

24%
8%

24%

300

19% May

9%

1.400

63

63

7%
5%

x70%

400

6% May
Jun

60%

GOO

7 % May

450

5

Aug

210

7%
5%

68

May

2%

81/2 Aug
26

9%

_.

Oct
Oct

65 % Mar

13%

Feb

9%

Feb

85

62

__

Feb

74
62

400

56%

Sep

66%

39%

39%

100

23%

Jan

40%

750

22% Mar

39

Feb

Oct
Oct
Nov

Nov

33%

Sep

Jun

13%

Feb

3%

600

3%

xlOl
—

3%

xlOl
12

2% May

113

65

81

May

12

100

12

Nov

4%
113

14%

Oct
Nov

Sep

__

__

10%

10

10

100

8%

J?,n,

12% Mar

16%

1S%

200

13%

10%

100

Feb
May

19 % July

9 Vb

53%
20%

100

50%

200

17%

10%

53%

53%

__

20

__

7

57%
9

200

7

500

11%

Feb

Jan

55

Aug

Jun

20%

Nov

6% May
52

Jan

9%
65

Jan
Feb

57%
8%

58%
9%

1,550

29%

29%

10 %

10%

Jun

19%
16%

19%

50

16% May

22

Oct

16%

500

16% May

20

Jan

.

Apr

9%

200

23% May

31%

Feb

150

10

16

Feb

6%

Nov

13%

Apr

13% July
22% May

...

10%
._

16%

11%

11%

250

9 Vb May

12%

1

28%

27

28%

550

19% May

28 V2

Nov

3

Co common

10%

10%

10%

100

10%

15

Mar

62

63

210

21%

21%

1

__

56

Sep

Apr

70

Oct

Brick

Bartlett

Co

25

common

*

capital

10
.100

62
__

._

25

20

20

Jun

x24

Feb

17 y2

Jan

Jan

11%

12%

400

11% May

25

25%

300

18% May

29%

Feb

21 %

850

19

May

25

Feb

200

22

Nov

23 V2

Oct

8

Nov

18

Jan

Indianapolis Pow & Lt common

*

22

22

22%
23%

Indiana Steel Products Common

1

8

8

8%

750

3%

3%

200

3

Oct

8%

Feb

*

6

6

7%

130

6

Nov

24%

Jan

Pneumatic

Tool

com

•

__

Feb
Warrants

Jim

Sep
Nov

15 %

13% Feb

11%
60

46

9%

•

common

Power

$6

preferred.

Katz

60

40%

15'A

15%

*

9% May

11
56

25 %

•

Illinois Central RR common

42% Aug
59% July

11

'

..

60
48%

300

*

Border's Inc common

Nov

78

60 Vb

Feb

Nov

Mar

32% May
44% Jan

40%

Feb

17%

Apr

3.100

•

(new)

4%

16

25

25

14%

11% May

10%

1

Brewing Co capital
Corp

14%

17 Vb

25

55 Vb

12% Sep

200

26 %

10

common

common

Hammond Instrument

Werner

May

78

55%

300

1

common

H)

Lakes Dr & Dk

Hein

12

38%

Inc

(W

Co

Oct

Aug
10% May

78

25

14
14

Nov

26c

230'

150

13%
14

19

5

com

Corp common

Refrigerator

21

Nov

14 Vb May

1,025

14%

20

14

10%

Apr

May

Brown

Stores Inc common

Drug Co common
Kellogg Switchboard common

1

1
•

—

__

8%

t6%

xl4
8%

6%

16

100

t6%

Nov

t6%

Nov

350

11 Vb

May

16

Nov

6% May

10

8%

650

6%
20

500

5 Vb May

Feb

Feb
La Salle Ext Univ common

Waldorf

Feb

23% Aug

14

..

5

Transp

Finance

12

38%

___•

Rubber
u

7%

4% May

18%

25 %

10

Candy class A

43% May

*

common

Feb

._

5

Inc

Auto

General

Interstate

United

5%

Oct

*

Co

Sep

Aug

25%

*

General

62

*

United Fruit Co

U

14%

•

& Webster Inc

preferred

13%

3%

&

common

Mills of America

Independent

'

Nov

39

1

Eversharp Inc

Heileman

Pacific ( Mills

$4 2nd

15% Oct
3% Feb

7

35%

*

Gillette Safety Razor common

! '

9% May
1% May

36%

1

General Motors Corp common

12%

Tori'ington

1,600

10

Gibson

l

Securities

1,100

25

common

Dodge Mfg Corp common

Feb

Narfagfmsett Racing Assn

Elec

8

2%

137

5

Nov

10

Suburban

2(| Oct

650

__

common

78 Vb

60

Stone

..

•

35'A

207

Feb

174%

Nov

1%

400

1

preferred

24% May

60 -

Shawmut

2

5

10

common

R8% May

*

Reece Folding

Jun

5

common—1

common

Corp

5

Mergenthaler Linotype

Corp

Jan

5

1U

145

341/8

Reece

Nov

17
150

21,400

1,200

5

Biscuit

Secur

Convertible

Jan

14

34 %

England

27

950

1.100

1%

4%

12%

(AM)

Co

111

Central

General American

41% May

*

New

11%
27

7%

•

Eddy Paper Corp (The)

1,364

49%

67%

•

20'A

Mathieson Alkali Works

National Service

Nov

153 %

4

10

common

Carr-Consolidated

Coleman

5%

Employers

Feb
Jan

40 y2

Jan

6%

Eastern

39%
18

V2 May

& Fuel Associates—

prior preferred

Eastern

Jan

RR—

prior preferred

Boston
Cities

.1*

L)

(E

Jan

stamped

Ry

Feb

11%

9%

7

1
1

Corp
capital

(E J)

& Sons
Co

2/5 Oct

Nov

Copper
Inc

W)

(George

Castle

34% May
149% Jun

Woolen

Elevated

7%

Jan

3%

4%

10

common

Burton-Dixie Corp

Anaconda

Boston

Feb

Sep

100

3

common

Butler Bros common

American

Boston

10%

6Va May

600

8
4

Range Since January 1

High

43 VB

High

LOW

300

100

4

Corp

Mfg

Borg

for Week

of Prices

Par

Sugar Refining

Son

26%

153

Range 8Ince January 1

High

3

Washer

Brach

Sales

Last

&

4

5

Co common

Athey Products Corp capital

Bruce

Sale Price

stocks—

Bird

7%
11 %

27

153

Sales
Shares

Feb

4s

Boston Stock

&

_.

»

Berghoff Brewing Corp
Manufacturing Co capital

Tel

7%

•

Binks

American

Low

100

capital

common

Asbestos Mfg

Belden

American

86.55

for Week

of Prices

11*6

Automatic

A

series

103.49

Nov

BONDS—

Baltimore

100.38

Week's
Range

Sale Price

STOCKS—

Rights wi
20

03.05

28

NOVEMBER

1

Vernon-Woodberry Mills-

Common

52.88

EXCHANGES

ENDING

American
Mount

Holiday

47.29

High

Nov

415

100.62

Holiday

27

Last

Range Since January

15

15

64.05

Chicago Stock Exchange

15

*

100

vtc

FOR

33.64

for Week

Par

Arundel Corporation

preferred

63.90

33.13

Friday

Range

Sale Price

stocks—

Transit

102.91

33.41

47.95

Sales

Last

1st

87.06

48.25

180.94

Exchange

Week's

Friday

5%

48.09

181.35

26

Nov.

37

25

OTHER STOCK

Baltimore

181.98

25

Nov.

stamped (Plan A)

Interest

24

Nov.

Nov.

88

5

17%

Jan

Leath & Co

*

18

Apr

Libby McNeill & Libby common
Lindsay Lt & Chem common

30y4 July

common

7
—*

6%
—

—

—

6%
20

9%
45

9%
46

100
100

200

3 7

Jun

8

May

20%

Jan

7%
29

Jan
Feb

11
Apr
47% Nov

33

34

(2238)

THE

COMMERCIAL

&

FINANCIAL CHRONICLE

Monday, December 1, 1947"

OTHER STOCK EXCHANGES
RANGE

Last

Range
Low

NOVEMBER 28

Cleveland Stock Exchange

for Week
Shares

of Prices

Par

ENDING

Sales

Week'a

Friday
Sale Price

STOCKS—

WEEK

FOR

Range Since January l
Low

High

Friday

High

Week's

■

.,

Sales

Last

Marshall

Field

&

Co

Mickelberry's Food
Middle

West

25

25

26

800

22% May

341/2

15

15

15

100

15

14%

common.

14 Ve

15 V*

30*
Jan
24% Feb

Prod

Corp capital

2,100

May
13% July

Feb

Co

Standard

National

111

Corp

50

55

37

v

—20

30

9%

21%

Bancoip*

.

".

200

37%-

30

37

—18

common-

common

common———*
Northwest Util prior lien pfd
100>
7% preferred—
100
Nunn Bush Shoe common..
—2 %
Northwest

400

4%

53

53

common^—.

Car

American

Northern

9%

4%

common..

Montgomery Ward & Co;

North

9%

9%

Hart Inc common, vtc.
Chemical

Monroe

21%

250
50

300

9%

350

22

8% May

13 % Mar

Nov

8%

491/e May

64%

Feb

34%>,Aug
25 >4

Apr

8% Apr
2L

Apr

City

Oct

Cleveland

$4.50

28%

Feb

Cleveland

Feb

170

30

150

May-

190;

40

148

Jan

180

Feb

30

17

Nov

23

Jan

17'

Parker

common

Co common
(The) common.

Pen

.

Co

10%

Feb

19

19

20

19

Sep

20

28

100

28

Nov

50

Feb

m

105

700

8%,

6%

650

6%t
105

7% Apr

5%, Apr-

91/4

Jan

110

10

93

Apr

21

Jun

16%

Nov

Jan

24%

16 Va

50

-==PennsyIvania RR capitalK Potter Co (The) common.—

6

26%

21 %

300

16 Va

16%

1,300

Feb

6

150

91

110

85

May

94%

Feb

30%

31%

170

28'

May

32

Feb

28%

.10

—

"1

29

300

221/4

29%

Oct

18 %

Oct

15%

37%

--

*

—

—

15%

Electric

Chemicla

.5

4% May

Jun

200

12

500

15%
38

30% May

34%

33

500

6

May

401/2 July

x24% Mar

35

28

Oct

14%

14%

50

10

Mar

151/4

15%

300

14

May

16% July

28

28%

200

10%

10%

*

30

30 %

70

19

19%

39%

39%

'20
25

——

39%

9%
Sundstrand

Mach

Co

&

Tool

5

common.

25
capital stock
Co Ltd Ctf of dep^.

Swift International

Thor Corp

5
2

.....

Co.

Trane

——

22%

25

(The)

Co

Texas

25%

(The)

common

208 So La

Salle St Corp

*

IT 8 Steel

common.

•'

.

500

231/2 May

8% May
Apr

Feb

34%

171/4 Feb
Feb

30

38

100

17% Mar

21

Aug

700

37% May

44

July

Bankshares

Wisconsin

Indust

Woodftll

•

common

5-

capital

Motors

Stocks—

U nils ted

1
& St San com

American, Rolling; Mill:
Aruumndn* Copper Mining

Certain-teed

*

50

Products

10%

Glidden

Co

Drug Stores

Great

Lakes

York

North

Halle Bros

Pure

36%

79

a25% a25%
a44% a44%

17%

Oil

Co

Co

Interlake

Steamship

Machine
:
& Laughlin
Steel (Un)

Jaeger
Jones

Island Lime & Trans

Kelley

Portland

51

36%

1,950
20

47

Nov

76

76

200

62

May

28%

28%

100

23%

Apr

30.

17

17

100

16

Jun

23%

National Tile & Mfg—
Y

N

Central

of

Oil

11%

950

11

Jun

13%

N

14

14%

100

11

16%

Co

13%

100

—

100
300

533/4

Sep

59%

14

May

233/4

Pennsylvania RR

&

23

Feb

30

Aug

54%

Jan*

108%

Sep

51

3%

__

—

15 VB

3%.
15%

May

363/4

a35

—

May
9% May-

600
500

2% May
May

12

35%

36%.

—

—

8%,

700
—

Map

31% May
97%

Nov

>•

_

*

1
•

J

15
.25

—

_

_

1

_

__

S

8

60'

2%

20

P

160

50

TeleDhone

Stock

Yard

41% Feb
42

16%

Feb
Jan

Feb

2%

2%

Jun

4%

Jan

26

12

May

22%

Feb

26%

25

24 % May

30%

Feb

al6% al6%

207

Nov

26%

Feb

a22% a22%

5

14% May

24%

26 %

16%

Sep
30% Feb

a27
45

46

545

44

Oct

54%

28

28

377

23%

Jan

31% Aug

a27 V\

102

22% May

Feb

*

a51%.a51%,

•

(Uni

a75% a76%
2%

20

38

May

59%

18

61% May

-79*%

250

2% July

3%

Jan

21%

Feb

2%

al&'A al8%

70

15

May

Jan
Feb

Members
New York Stock

Stock

New

Exchange

York

Curb

Associate

Chicago Stock Exchanger

Exchange

DETROIT

Ford: Building
Telephone: Randolph 6530

I

Mar

100%

Nov

May

20% Jan
12%

May

12%

Feb

Jun

6 %,

Feb

5 % May

83/4

Nov

39%

Feb

35%

400

32,

May

5%

5%

5%

500

3

May

5

5

500

17%

18

200

12%.

13%

19

Oct

Detroit Stock
Friday

12%
—

4%

Last

Oct

8

STOCKS—

6%

Feb

19%

Feb

Aeronautical

700

14% May
12% May

22%

Feb.

Allen.

19

100

19

33%

Jan

American

5

1,800

Sale Price

Apr *

Par

Nov

Products

Exchange
Week's
Range
of Prices

Low

Metal

Products

Feb

Baldwin

800

9

Nov

14%

Feb

Brown-McLaren

100

22

Nov

31

Jan

Burroughs

25 Va

25%

400

25

Jan

33% July

Consolidated

24%

24 V*

100

21% May

28 3/4

July

Continental

9%

10%

1,300

107/8

Feb

Davidson

10%

10%

300

7% May
10% Sep

15%

Feb

27%

--

9%
10%
—

27%

100

23

30%

Feb

Detroit & Cleveland Navigation..
Detroit Edison common

Sep

May

7%

16%
___

16%

16%

75%

75%

1,500
100

Rubber

19%

17

20

200

64

9%

9%
2%

15

10

23/4
15

15

500
500
100

Week's

2

Aug

3%

3

3

3%

600

3

Nov

5%- Feb

24

24

1

Machine

Low
—

Paper

10
1

Bros

1

5
20

Gasket

1

Detroit

Gray Iron

17

Feb

Detroit-Michigan

Feb

Detroit

May

7%

Jan

2% May
10% May

12%

—

16 %

161/2

7

23%
__

23%

24'/2

1,200

86

86

9

4%. Jan
Oct
—sw

Steel

Stove

Corp

1
1

common

Mogul

Federal

Motor Truck

5

common

Frankenmuth

0

common

Brewing

common...

Ale

Range Since January 1

Wood

High
Feb

Industries

Manufacturing

Hall. Lamp

class

B

16

May

20

Mar

Hoskins

23%

Nov

29%

Feb

Hudson

75

May

88

Gibson Art

235

7

Aug

14%

Feb

19

71

JUn

99%

Jan

12i/2

12 %

270

12

9%

50

—

25

62

62

25
63

51

51
16

Kahn

*
*

*

—

15%,
47%

48%

•

—

27

27

A

—

15%.

&

•

—

•

G

5%,
69%

5%

7%

Apr

14% Mar

Kinsel

Sep

14

Feb

Kresge

120

24

Jan

32%

Feb

68%

*3

Jun

69

Jan

Ma<hon

Co.

-

40

Jan

54

141/2

Jan

20%

Apr

40% May

52%

Oct

10

75

23%

5%

10

69%

327

4% July
56% May

For footnotes see page

26%

26%

17

*

6%

6%

250

—

50%.

104=

'—

50

.

Feb

1%

100

1% July

2%

Jan

14%

"105

12% May

16%

Oct

21%

21 %

114

19

23

Nov

8%

8'A

110

7%

7%

600

11 %

10

250

-

May
6% May
6%

Apr

12%

Feb

8

Jan

6%

Jan

5%

5%

200

3%

Oct

21'/a

22%

6,171

21%

Nov

27% Mar

11%

100

9%

Jun

11%

Oct

2%

2%

200

2 %

May

3%

Feb

3

12

12

100

10% May

-

13% July

25%

25%

360

17%

Jan

26%

Oct

3%

2,100

2%

Sep

4%

Feb

3

18
11%

58

18

11%

11%

200

9% May

14%

Feb

4%

4%

430

4

Jun

5%

Jan

1'%

1%

1,800

1

Nov

2%

Feb

7%

1,055

5

July

9%

Feb

19%

__

18

7

4%

19%

155

12

May,

19%

Nov

58'

58

284

52%

Jan

65% Aug

270

18

Nov

23

July

8%

8%

9%

1,785

6

9%

Sep

6

6

6%

1,025

5(4 May

6%

Feb

5%

5%

5%

410

3

7% NOV,

10

2%

com

*
,___•

1

common

—„__1

9%

Wines

10

__

__

18%

14%
__

4%
__

__

2

common

class A
Products

29

1

common.—

1

(R C)

McAleer

Apr

28
6%

71

Nov

Mfg

McClanahan

9%

9%

Jan

Jun

150

9%

Nov

10

29

29

207

22%

Jun

15%

15%

100

14%

Sep

29% Nov
21 '
Feb

13%

Apr

18 %

Oct

13% May

21%

Oct

Oct

pfd

*
1

com

3%
34,
__

17%

17%

100

18%

19%

1,220

14%

15%

1,520

15%,

16

4%
2

*

37

3%
34

265

4%
*

200

2

500

37

341

3%

100

34%

106

1%

1%

250

5%

5%

100

1%

1%

8,801

15%

15%

505

5%

Apr

18

Oct

13% May
4% Jun

16

NOV

1% May
35

Jan

2% May
34

1%

Nov

Sep.

5%

26

May

3%; Jan

49%

Sep

26%

Oct
Nov

6%, Nov.

52!/8

1

common

Oil

common

Corp common

National

Motor

10

Stamping,

Packard

__

1%,

l

—

2

—

2%

„

2%.

100

5%

Nov

75c

May

10

May

2%

Oct

4%

Sep

Feb

2% Feb.
40

Feb

Rickel

Car

Metal

(H. W)

River Raisin Paper

Ryerson Haynes

\

j

Products

common

6% Feb
35% NOV
2%

Jan,;]

6 %

Aug
1%, Oct,

15% Nov
3 % Apr

—

•

4%,

4%

5

1

5

5

5%

1,525

3 % May

6

Nov

2

3%,

3%.-,

3%

495

3%. Nov

4%

Jan.

—

9%

9%,

250

7%

9%

Oct

__

6%,

6%

100

5%, Sep.

5

540

Jan

*

Oct

Feb

42;




12%

1%
14%.

Nov

149
178

—

50

preferred

__

25%

5

Bearing

(SS)

Screw

Peninsular

:

2%

<

Oct

1

Drug

LaSalle

75

—*

Randall class A

May

Oct

1

common
Car—:—

Motor

Murray.
Lunkenheimer

25%

1

Manufacturing

King-Seeley
Kingston Products

Masco

Kroger

Jan

Jan

9

*
*

Formica

_.

*
10

common

new

Ball

37%

78

9%

11%

15%

220

11%

—

21 Va

1

Motors

Hoover

29% May

81/4

—

__

1"
1

Gerity-Michigan Corp
Goebel Brewing
Graham-Paige

77%

—

__

1

Federal

General

8 V*
78

*

21%

24

Sep

17

LOW
97

__

1

243/4

High

33%

331/4

11%

__

Motors

16

for Week

Shares

High

1,155

793/4 July

Mar

July

Sales

Range
of Prices

Low

3%

1

common

Adding

11% May

__

19%

13% Mar

Range Sine* Jaaaary f

3%

2

com

9%

4%

Shares

High

3%

l*

Electric

22%

9

Sales
for Week

1

—-

22%

9

*

Motors

Printing

39

52

Jun

watling, lerchen & co.

.1

Kaiser-Fr&zer

2

Cinicnnatl Street

S

27% May
11% Nov
34%

650

10

common

Houdaille-Hershey
8.50

Cincinnati Gas common

B

2

12 V*
40%

Feb

24% July

Feb

May

34%

*
•

20

Baldwin

Class

May

11%

al3%al3%

2
Youngstown Steel Door (Un)_———_*

Feb

7

34%

—

5%
17

12

300

Par

&

19

36%

•

Steer-common

-■

10

Sale Price

American Laundry Mach

Pumps

Jun

82

a35

31

48% Nov

5

Eng.

(Un)

15%,July

100

Last

National

270

34

40'/a

Warren.Refining & Chemical

July

200

8%

__I

—

.

common

class

May

79%, Feb

200

8%

—

Friday

Hobart

Apr

35 %

Feb

4 %.

1

STOCKS—

Crosley

104

Nov

54

26

35%

12

1

Cincinnati Union

50% "Oct

576

2

a

*

Republic Steel

Gemmer

Cincinnati

Jan

Sep

Cincinnati Stock Exchange

T

Feb

17%. Oct.
27%

50

Richman Bros

Gar

&

Nov

61%

55

*

;

(Un)..

Electric

Reliance

Friars

O

Fetor>

26%

Jun

Feb

21

-

N

65%

Nov

41%

20

July

Feb

13%

11%

4%

common

Sunray Oil Corp
United, Corp
&

—^

105%

12%

*

-

Electromaster, Inc.

Wilson

Jan

24

115-

....

a20% a20%

Jan

—

2%
com

common

Spring

Corp

65

51%

400

51

1

RR (Un)

Sargent

Jan

11%

76

33%

Steel

Jan
Jan

42% July
79% Oct

227

105%

*

1

Thompson Products common—

47%

-

Socony Vacuum Oil Co Inc

Studebaker

July-

6%

25"

30

33%

*

Cement

Detroit

Standard

35 ?a

54-%

35

a46% a47%

a

*
*

U

22

17%

10

Radio-Keith-Orpheum
Republic Steel Corp common

Standard

Sep

v

Feb

17'/a-17%

•

Oct

47

8%

•

—

Car

(The)

Sep

Oct'

44%

-

30

1

Jan

35%

5

Radio Corp of America common.

U

10

79,

*

(Un)

Rayon

Jan

21%

11%

a

Pepsi-Cola Co

p

a 39"%

a58% a58%.

50

preferred

(M, A) 4% cum preferred

Industrial

26%

36%
—

17%

—1

Pan Amer Airways Corp
Paramount Pictures Inc new

C

3%

NOV

85%

**+

37%

21%

8%

•

-

Central RR capital

Motor

Packard

40% May

NOV

15%

-

26%

31

300

11%

1

Corp

American

27%, 'Jun

5

.200

'

New

94

5%

100

Sep

750
300

22%

_*

_

Co*

Nash-Kelvinator

Nov

a39%

•

Towirig common

May
May

26%

34%

22%.

*

~

-

Graham-Paige Motors*
Laclede
T.ight
■''':

36

34%

July

5%

*
•

(Un)—

com

Goodyear Tire & Rubber

16

25%

1

_

Electric

-

•J

Nov

21%,

„_1

—

-

Electric

Motors

Curtisa-Wrlght
Farnsworth Television <te Radio.
General

5%

*

Nov

34

10

—

*

Gas

Continent"'. 1

a33% a33%
a51% a51Va

—15

80

Oct*

f

Corp

Bethlehem Steel

Colombia

536

(Un)——<10

common

Detroit

Alleghany

38%

——1

Electric Controller

&

American Radiator

37

*

9

58

2

common

Mach

Yates-Amer

*'

common.

850,

58

Westinghouse Elee & Mfg: common.12%
Wieboldt Stores Inc

356

Navigation (Un) __5

Standard Oil of Ohio

Swift

11%, July

15%

82%

Fen

2

27% May

15%

81%,

Feb
Nov

174%

Oct

15%

2

Inc

20

1,783

a32% a32%
15%

•

com

common.

General

Patterson

Spiegel

Illumin.

19

Jun

1%. NOV

81%

—

5%

11% May

149%

1

High

Nov

834

100

Consolidated Natural Gas (Un)

Medusa

34

790
230

1

common

preferred

Detroit &r Cleveland

Hanna
■

19
153

3%

Feb
Jun

5%

90%

1
*

Quaker Oats Co common.

17%
153

*

Cliffs. Iron

Cleveland Graphite Bronze (Un)
-

Gray
X21%

10

Electric Switch- class A

Penn

18

100

Jan

20

8%

1
*
25
Peabody Coal Co class B, common—5
6% preferred
100
Manufacturing

Ontario Mfg

Fuel—

&

Ice

Dow

Oak

Body——

Lota

3%

aliV

Jun

155

&

Range Since January

High

3%

Rights

Jan

155
17

Coach

32%

170i

17

Low:

American Tel & Tel(Un)——100

15

48'

Shares

—50c
-J^-5

Brass Mfg.——

American

Feb

4'/2

for Week

of Prices

Par

Akron
Miller, &

Range

Sale Price

STOCKS--

7%. Feh

6% Nov

Volume

THE

Number 4651

166

COMMERCIAL, &

FINANCIAL

OTHER STOCK
RANGE

Week's

Friday

Shcller

Tivoli

9

9

9

1

_

15

Low

Tool

&

B

com-

1,060

7%

Jun

10

Jan

14%

15%

5,754

9%

Jan

15%

NOV

1

_

Die

3 VB

3 %

3 Va

300

3 Va

Nov

4%

3%

3 V2

3V2

400

3 %

Jun

4%

Union

Investment

6%

Zellerbach
Corp
Curtlss-Wright Corp common.

United

S

U

Shirt

common.

6%

6%

225

12%

12%

237

6%

6V2

100

160

__

Distributors

Radiator

12

12

16

__

_

a20%

b

Apr

7% July

Electric

General

Foods

16%

6

Jun

7

Mar

Graham-Paige Motors Corp

10

May

14

1,860

2%

650

1% May

3

Oct

Kennecott

2%

2%

2Va

900

2

2%

Jan

Loew's Inc

Week's

11

May

18%

Jan

Nickel Co

Range

Low

Par

Basin

Oil

Ht ah

Low

5

2,650

52 %C 52 %c

100

Jan

6%

Apr

Sep

3%
50c

Oil

Blue Diamond

1,00

9%

9%

10%

1,382

5

Jan

12%

Nov

1

1

1%

1,650

1

Sep

2%

Feb

—2
1
*
*

Corp

Broadway Dept Store
Byron Jackson Co

—

7%

7%

7%

2,175

11%

8%

12%

15,660

121/2

12%

836

a25 % a25 %

"

9%

Feb

10

12%

a25%

Packing

common—.'
20

Corp

Investment Corp

Central

Cetrain-teed

Products

consolidated

Creameries

Steel

Douglas

Aircraft

Dresser

Industries

Electrical

•
1

Corp

America.

of

Co

Inc

77

50c

34%

20%

Derrick

&

Oil

Ltd

Co

Farnsworth

Equip Co

&

Tele

Fitzsimmons

class

Radio

Stores

1

A

2
10

Corp

common

Goodyear Tire & Rubber Co common-'

6% May

Jan

27%

450

27%

Nov

a46%

a46% a49%

320

43%

20 %

260

54%

54%

396

20

36

Jan

49%

Apr
19% Aug
51 % Apr

Nov

25%

Jan

62%

Feb

160

16

Sep

18%

Oct

395

12

Feb

7%

May
Jun

22 Vi

100

23 %

Oct

32%

21% May
4% Sep

27%

10% Feb

25%

25%

214

a27

a27

50

•

4%

4%

270

a9

a9 %

80

16 '/a

16%

640

16%

Nov

26%

Feb

a25

a25

46

26

Nov

26

Nov

Oct

60%

Feb

10

—

Feb

13

Apr

11

Co

i

Railroad

Pennsylvania

16%

50
33%

Co

9%

Oct

7%

Feb

9%

Nov

Nov

Pepsi-Cola Co

Oil

Pure

50

53

a25

50

10

10

600

*

27%

27%

295

22% Apr
7% May
23% May

16%

*

a

of America

Republic Steel Corp

54 '/a

a54% a54%

a25

*

Company

Corp

a25

*

Pullman Incorporated

2u% July

10%

Feb

30%

Feb

Feb

Jan

6 Vs.

15% July

25 Ye May

32%

Nov

14

280
20

30%

Jun

47

82

25 %

NOV

31 %

a39 % a39%

86

37% May

44

a74% a75%

80

65%

78% July

19%

20%

660

25%

Feb

a34

a34

50

33%

Sep

37%

Jan

25

Standard Oil Co

16%

a24% a25 %

a57% a58 %

57

53%

Sep

60% May

*

a58% a58%

40

48 Va

Apr

54%

Sep

•

al05% al05%

71

93%

Jan

106%

Oct

al52%al58%

120

*

Inc

Brands

a34% a34%

15

Socony-Vacuum Oil Co
Southern Raiiway Company

*

(Ind)

a

25%

25

19% May

34%

Jan

Sep

66%

Oct

Btudebaker Corp

25
1

15%

15 V2

100

12 '/a May

17%

Oct

Swift

25

31%

320

21% May

35

Nov

Texas

Company

12 %

12 %

1,423

11% May

23 %

Jan

Texas

Gulf

48

190

48

Nov

62

May

Union

Carbide

20%

20%

192

14

May

21%

Feb

Union

Pacific

14

100

13

Apr

15 ya

Feb

United

Mar

17% Aug
Feb

May
July

NOV

20%

56%

al2

50

57 %c

60c

3,350

8%

8%
10 V2

Standard

Oil

Co

(N J)

Co

&

Sulphur

Air

&

Company

Carbon

Railroad

Lines

Corp

Jan

2.0a

Jan

United

Aircraft

Corporation

5% May

9%

Feb

U

9%

500

8%

14 V2

600

a57% a58%

391

52^*

44

250

42%

17%

al7% al7%

a22%

a22% a23%

a

a—

a__

—

18%

Nov

27% Mar

17%

25

Jan

24% Oct

Jan

10%

al52%

lQ

Feb

16 % May

12% July

233

a74%

100

Co

Inc

Oct

8%

44

—

9%
49c

Nov

S

Rubber

Warner Bros

j an

65

Feb

Western Union Teleg Co

Jun

58% Mar

Electric

Willys-Overland
82

Jan

110

0

95

95

303

5

12

12

12%

975

1

1.15

1.10

1.15

1,000

19

19%

770

13% May

21%

25

15% May

29

140

2% May

43%

43%

100

43% May

59

Feb

5

class A

13%

13%

13%

245

13%

Nov

18%

Feb

15

17%

Jan

26

Oct

Motors

a22% a22 %

*
a28%

1

a28 % a28%

162

22% May

30% July

8%

8%

300

Feb

46%

535

7% May
44% May

13%

46%

12%

Corp

50

Feb

8%

Inc

Jan

Oct

a!8% a20%

4%

a2%

43%

1

Pictures Inc

Westinghouse

65

a2%

10

(Del)

Oct

Hilton

5

Corporation

Co

11%

7 Va May

Hancock Oil Co class A common

Jan

Hotels

Corp

Development Co

Holly

*

19

6.66%

118%

Hudson Motor Car Co
Hunt

Jade

Foods

Oil

Inc

common

Lincoln

Co

Petroieum

Menasco

Petroleum

National

Inc

Aircraft

Petroleum

Occidental
Oil

1,595
100

1.15

1.25

1.30

3,025

95c

14c
5

12%

May

1.35

1%

Corp

Apr
May
Oct

23c

Pacific
Pacific

Philadelphia Stock Exchange
Friday

Nov

3%

800

4,100

a4

a4

10

3'/a May

a8%

a8%

24

9j/8

Sep

14%

Jan

a6%

a7%

70

5% May

9y2

Par

40c

40c

300

2.30

2.40

26,657

2.40

48c

25c

Apr
Mar

Oct

1.10 Jan

95c

Mar

5

Jan

62y2c Feb
2.40

Nov

10

1
2.50

13 ya

19%

20

200

Jan

21%

36%

36 %

422

34%

Jun

42

51

234

51

Nov

62%

Feb

a52% a52%

75

25

Feb

57 Va

Oct

51
—

26

100

Tel & Tel

153

Shares

Range Since January 1
LOW

High
26%

152% 153%

23

160

High
28% July
174% Feb

May

Locomotive

Baldwin

Securities

Wks

v

t

13

c

149%

Jun

1A

19,139

lia

NOV

15%

Rights

1,587

1A

American

Bankers

25%

Sales

for Week

15%

75

15

NOV

24%

120

74

Nov

83% Mar

9

May

2

A Oct
Feb

Corp—

partic preferred

50

78%

78%

74

Jan

51

10
•

•

American Stores

Range
of Prices
Low

Feb

__

a6%

25

Co common

Republic Petroleum
Rexall Drug, Inc

8ale Price

STOCKS—

Jan

1%

80c 87 V2c

Week's

Last

1.70 July

1%

common

Oil Corp

Western

Pacific

10

W)

July

Hoc

common

Elec

&

Gas

Lighting Corp common—

(F

Oct

18

24%

6%
Pacific Finance Corp

Co

Jan

1 Va

1

Co

Wool worth

Oct

15 %, Jan

1.15

Aug

Sep

1
1
1
1
1

City Lines Inc

Nortnrop
Oceanic

Co

Co

Pictures Corp

Monogram

2,300

15

11 %

1

Manufacturing

Merchants

16c

22%

16c

14%

10c

Corp

Company

14%
22%

10c
1
1

Company

Kaiser-Frazer

Lane-Wells

a23 Va a23 Va

15

9

Jan

6%

Nov

24

Sep

Budd

11

11

11%

229

61%
9%
16%

61%

62

403

9%

9%

325

16%

17%

1,260

•
10

53%

53%

54%

57'/2

57%

58%

5

22%

22%

23 Va

10

10%

310

■

Co

2%

Chrysler Corp new com
Curtis Publishing Co
Delaware Power & Light

•
13%

56%

Feb

15

66%

Sep

Oct

12 %

6Va May

24%

Feb

Jan

17%

Nov

205

47

Jan

810

51%

Jan

65%

Feb

40

16%

NOV

24%

Jan

12

Feb

Nov

11%

Feb

Electric

Nov

General

6%

6%

7

1,210

1

90c

85c

90c

3,200

•

16

16

16%

216

Ryan Aeronautical Company

1

4%

4%.

4%

700

Safeway Stores Inc

5

a21

a21 a21%

231

21%

Jan

25% July

1

18 Va

18 Va

18 %

707

18 %

Nov

18%

*

38

37%

38

290

30
15
25c
1
*

52

52

53

30

30%

30%

30%

Rice

Oil Co

Ranch

Richfield

Oil

Corp

common

52 %c May
14

Jan

3 % May

95c

17% Aug
Feb

7

Storage
Motors

Gimbei

Co

Finance

Roebuck & Co

Sears

Security Company
Shell Union Oil Corp
Sierra

Trading

Signal

Corp

Petroleum

Sinclair Oil

of Calif

Co

Corp

Nov

Lehigh Coal & Navigation.

40% July

Pennsylvania

May

59

Pennsylvania

33

16c

6,100

10c

Sep

23c

14,800

45c

July

1.35

Apr

15%

1,120

14

May

16% Aug

Light

.

Calif Edison

Southern
4.48%
6%

Ltd com__25

Co

preferred

California

6%

Co

Gas

pfd

280

25

1

Standard

Oil

Company
Co of Calif

Bunray Oil Corp

2,127

29

528
48

Transampvica

Oil

Union
United

Corporation

al5 V4

California

ox

Steel

Slates

Universal

Western

Cons

Nov

34%

28%

Nov

32% July

Salt

39% Mar

Scott

Jan

35

Nov

40

a42% a42%

247

35

Apr

47

Feb

60 Va

60%

1,005

97/a

10

2,734

7%

Jan

62% July
12% Sep

a

15 V4 al5%

50

11%

Jun

19%

Feb

14%

6,598

10% May

15%

Jan

13

23%

23%

25

51% Mar

571

20

May

116

63 % May

79 %

preference

38

1.160

23'/4 May

42%

Chollar G & S Mng

Unlisted

Co

Co Ltd

7

100

6% Aug

10

Smelting &

1.05

500

5c

5 %c

5,500

5c

Refining Co

14

Corp

Copper Mining Co
Armour & Co (111)

a

15

a

75

15%

100

Tenopah

Gas

1.00

2V2c

Feb

2.00
6c

9%

Feb

Alleghany

Nov

32%

35%

480

21

Jan

29% July
35% Nov

18

205

17

May

13
5

Works

Co

2

Oct

Devonian

80

54%

56%

198

1 Va

40

3%

3%

330

a3i%

(The)

1
1

common

Improvement

13%

Coal

20

A

Edison Company
Commonwealth & Southern Corp

Commonwealth

Consolidated Edison" Co

(N

Y)—

Aircraft™

Continental Motors Corp

For footnotes see page




a56%

10

T

25
•
*

1
1

42.

2%

20%

22%

818

35

35

l'/a
3%

794

21 Va
35

2%

2%

Nov

Jan

74%

Feb

Apr

1%

Jan

Nov

5

Apr

4%

Feb

2V2 May
20

Jun

24% Jan

Sep

26 %

50

Week's

^

37% July

Sales

Range

for Week

of Prices

Sharea

Steel

_

_

Low
__

_

*

58

Nov

42

Mar

Fort

15%

Oct

Harbison

71% May
32Va Apr

97

Jan

Lone

38

NOV

I

High
48%

Feb

16 Va

153

13% May

20

11%

12%

710

10

May

12%

55

48

57

1,215

24

Jun

57

Nov

5

Duquesne Brewing

31% May
10
May

Low
31

10

_

52% Mar

365

15%

29

29

29

254

23% May

31

July

•

Electric

Oil

20

33%

Range Sinee January

High

x31%

11%

—

&

476

Feb

Oct

Oct

Pitt

BrewingWalker

Star

5

100

4% May

Feb

McKinney

15%
a31% a31%

150

15% Nov

24

Feb

National

50

22

Mar

30%

100

135

78

May

.

1
*

Refractories

„-10

Gas

9%

26%
—

9%

136

26%

26%

130

7% Aug
19% Apr

21'/a

21%

138

17%

Jan

Oct

10%

Jan

26%

Oct

21% Nov

Oct

7%

100

Nov

a43 % a43%

10%

*

Co

Co

3%

Sale Price

Co

Gas

36

100

25

Co

54%

part pfd—25

45

40% May

43%

Sep

10%

260

9% May

15%

Feb

Mfg
Fuel Supply
Fireproofing Corp

-

Pittsburgh

Brewing $3.50 pfd_
Pittsburgh Plate Glass

_1

_

.—10

5
a

a56% a56%

43

54

Sep

63

Feb

Bolt Corp
Pittsburgh Steel Foundry 5 % pfd_
Ban Toy Mining

_

39

39

282

24

Jan

40%

Oct

Shamrock Oil &

25%

25%

340

25%

Nov

31%

.10

Oct

3%
13
—

3%

550

3%

12%

13%

1,445

12%

Nov

16%

5Va

5%

340

5%

Oct

10%

Feb

Jun

67

Jan

42%

Feb

53

_

—

—

3

Pittsburgh Screw &
Ry

July

13

50% May

1 Va

22 %

49

7% May
41% Mar

a55% a55%

15%

*
15

Bethlehem Steel Corp

17%

123

Ludlum

Nov

1A

Mountain

Vultee

25%

10%

Oct

16%

8

1%

5

3

Corp

Locomotive

'Consolidated

80

Par

Nov

11% May
51% Apr

41,911

1V4

20

Tractor

27 Va

Friday

Columbia

a36Va a36%

Service

25%

Pittsburgh Stock Exchange

Blaw-Knox

100

Cities

25%

Sep

Jan

330

Caterpillar

Jan

44%

Apr

Apr

Nov

a82

Pacific

27%

10%

Corp

United

70

13%

Canadian

Jan

Nov

43%

Westmoreland

173

13%

Borden Company

51%

22 Va

1

Mining

Jun

a81%

Oil

38% May

3,928

*

Transit Investmt Corp 6%

150ya

13%

Barnsdall

213

23%

Corp

36

a557/a

50

Topeka

Mlg

45%

22%

•

25

a81%

Avco

44 Va

22%

3

Sun Oil Co

1,272

5

Baldwin

44 Va

50

Paper

153 153'/a

& Santa Fe Ry__100
Atlantic Refining Co (The)
25
Atchison

Feb

Nov

common

Oil

Dome

a68% a68%

l'/4

Anaconda

a7%

a7%
al5%

•
100

Rights
Viscose

Jan

27

Last

1

American Tel & Tel Co

American

22%

15%

STOCKS—

American Radiator & Stand San Corp.*
Amer

18 % May

4,949

•

Reading Co

Stocks—
Airlines

American

5,228

17

Jan

1.05

1

25c

19%

15%

Nov

7

7

Imperial Development

Feb

18%

16

•

common

common

Mining Stocks—
Cons

Jan

7%

Feb

36

36%

1

Jan

18%

24% July

a76% a76%

*
10

1%

% Aug

5%

Mar

14

Inc

Lines

Air

common

Corp

150

2,182

.f
$1

27%

413

60%

Co

Oil

6

10

common

Philadelphia Electric Co

United

Inc

Textron

1 Va

5%

•

RR

Pennsylvania Salt Mfg

37% July

35 '/a

35

97/a

2

Pacific

a42%

50c

Southern

28%

35'/a

•
*

preferred class A

27%
28%

a34% a347/a

28

25
25

x%

6

9 v2 May

Oct

50

Power & Light

Philco Corp common

So

x%

57%

Oct

55c

15%

15%

26 y4 Mar

16c

&

*
1

Power

3iy8 May

45c

16c

10

Pennroad Corp

48

July
July

Battery
Corp

Brothers

National
Seaboard

t

13%

13

12 ya May

8%

.57%

Jun

8%

50

a

al2
60c

10%

17%

293

1

Corp

class

(The;
General Motors Corp
Uanett

1

80

13

5,208

5

A

Oct

al4al4V4

0

Co

United

Emsco

Exeter

8

8%

17%

3Q7/a

4

Corp

May

17%

a60% a617/a

"

Inc

Inc

Products

12%

3

•

14

15V2

410

1

48

a60%

Corp common.J

& Iron

Fuel

a317/a a32 %
al7%

—2.50

5%

27%

31 %

33%

1

Corp

Chrysler Corp
Colorado

a31%

Oct

5%

5

RR—

Car

Motor

Standard
California

Jan

14%

305

Jun

1

Corp

Oil

Chica

Feb

42%

Pan American Airways

Radio

Bolsa

39%

Nov
Nov

•

Company

Packard

Range Since January 1

High

4%

May

36

13

5%

*
•

Corp

American

North

*

Co

33

280

565

Canada—•

& Co, Inc.-

Ward

York Central

Ohio

Shares

__1

Bcrkey & Gay Furniture Co

Nov

Sales

•I Prices

__1

of

Copper Corp

North American Aviation Inc

for Week

Sale Price

STOCKS—

—

20%

13

41

Feb

2%

Last

Company

May

Jan

Angeles Stock Exchange

Consolidated

Feb

13

36%

1

2%

Friday

Petroleum

Oct

6%

36

•

New

Bandiri

33%

Jun

al4

General Public Utilities Corp

Nash-Kelvinator

Barnhavt-Morrow

High

Jun

4%

13

July

Montgomery

Los

a34% a35%

36

•

15

1

Products

Screw

275

a34%

—•
•

Co

Corp

Jan

11%

International

Wayne

a20% a20%

26

350

5

—

Class A

1

common

Range Since January 1
Low

12

5%

—1

Interlake Iron Corp

16

1

common

Aircraft

Warner

Shares

High

a32% a32%'

__

Sales
fer Week

Oct

■?

—

Low

—5

Crown

General

Corporation

el Prices

Par

Feb

1

Brewing

Udylite

Sale Prioe

High

-1

class

Week's
Range

Last

1

Standard Tube

Superior

common

28

STOCKS—

Range Slnee January 1

High

LOW

10

Manufacturing

NOVEMBER

tor Week

Shares

35

EXCHANGES

ENDING

Friday

Range
of Prices

Par

Scotten-Dillon

WEEK

(2239)

Sales

Last

Sale Price

STOCKS—

FOR

CHRONICLE

38

9%

53

160

38%

49

10 Va

175

50

32%

Apr

7% May

4

Jan

10% Nov

Feb

10%

Gas

2%

3

1,175

Jan

United

21%

386

21%

25

Oct

Vanadium

12

12

180

11

May

17%

Apr

Alloys Steel
Westinghouse Air Brake

8%

8%

100

7

May

12%

Feb

Westinghouse Electric Corp

3%

States

Glass

common

100

53

53

1
_

21%

2% May
Nov

—

15c

15c

1

28%

28%

1

53

19c

28%

10

12,000
11

200

45

July

58

Feb

10c

Jan

29c

Sep

22%

Apr

29

Nov

8%

8%

Nov

16

Feb

36%

36%

100

33% Mar

43

July

*

34%

34%

35

426

39

Oct

.12.50

28%

28%

28%

145

27% May
22% May

a

8

30% July

i-v/

36

THE

(2240)

COMMERCIAL

•„

RANGE

FOR

WEEK

Monday, December 1, 1947

t.'<

STOCK

OTHER

CHRONICLE

FINANCIAL

&

EXCHANGES
28

NOVEMBER

ENDING

Friday

St. Louis Stock
Last

of Prices

Shares

Low

Par

Shoe

Brown

Burkhart

15

Mfg

18'/2

19 3

2

70

14%

100

5

10

10%

300

100
1

115

34

10

preferred

Elecrtic

Falstaff

Brewing

General

Electric

common

Un;

common I

Brew (new)

Griesedieck-Western

&

S

D

Hyde Park Brewing common
Hyydraulic P Brick preferred

preferred

May

20

Feb

Pacific

Jan

15

Nov

Pacific

10

Nov

18

Feb

1st preferred
Pac Tel 85 Tel common

111

Jan

115

7%

31%

115

21%

Apr

315/2

355/4

125

32

May

39%

Feb

58%

200

51%

Jan

65%

Feb

Nov

40%

40 »/2

50

36

Nov

405/2

Nov

35

35

50

25

May

35

Nov

26%

26 %

30

30

100

24%

Jan

29

Sep

34

25%

Oct

44

Feb

Lighting
Public

Knapp-Monarch

*

42

42 %

1

common

common

10

10

Laclede-Christy common.
Gas

4

Laclede

Steel

common....

North

American

9

44

Jun

12

4%

Jun

17'A July
?-<

CO

1'

31

20

20 »/8

Oct

31 '

23 '/4

23'

2

25

23%

Nov

30%

Feb

18 "4

18 %

225

May

22%

Feb

33%

Jan

32

Jan

18%

18

26

26

81

23%

24 5/2

25

(Uni

common

common

24%

25

21% May

Oct

Nov

Car

10

Louis

St

common

A

23

23

50

Nov

27 »/2

Service

Aluminum

Stix-Baer

&

7

7

100

6'/2

Nov

105/2

Jan

19%

85

13%

Jun

295/2

Feb

19%

5

14%

14*4

14%

270

15

55%

55%

56

403

Fuller common

Electric

Wagner

common

common

34%

Nov

4i'/2 Mar

138

31%

Nov

38%

Feb

Co's

29

141

29

Nov

35'/8

Apr

52%

760

52%

Nov

62%

Feb

14

•

100

_

W

Co

Foods

3,214

1

45

46 V4

56

56

58%

210

aSO'/a

_

Union

Oil

12,519

%

Nov

1,155

255%

Feb

46'A

Nov

56

Nov

93

Jan

23

Soundvlew Pulp

13 '/h

May

33

May

18

So

Calif

Gas

Co

Co

Jan

56%

Nov

Southern

Pacific

A

ser

18% May

31%

Nov

Jan

38%

Feb

a21% a21%

75

19Apr

25%

392

14 »/4 May

17

July

33

100

31

47

Jan

4%

4%

200

3% May

18%

100

15% May

21'/4

•21 '/4

10c

lie

38

15

307a
33

280

29,400
558

33

33%

1,255

Aug

35

Qct

a25'% a25'%

25

25 '/2

Oct

29'/2

Jun

35

165

35

Nov

40 % Mar

358

35

Apr

17'/a

Jun

24'A

Oct

9% Mav

15'/2

Jan

l'/4

Jun

35

•

45'/8

45%

a22% a22%

105/2

60

10%

330

Shares

1.00

1.00

1.05

290

60%

60 •%

60%

1,179

10

217

21%

22%

640

2

133

13'%

14%

18,416

16'%

16%

154

Low

Union

Range Since January l
Low

High

High

Juneau

Alaska

Gold

__

10

Co

Mng

%

1%

300

Nov

5

Jan

4

50c

Mfg Corp

Alaska

4

400

4

Apr

6 '%

Feb

50

125

Jan

%

Packers Association

100

135

...20

30 %

30 V4

30%

1,008

Apr

36

Jan

2.50

7%

7Vb

8

1,500

6% May

12

Jan

5

5

125

45/4 May

Petroleum

_

_

_

1255/2 125'/2

1

.

28%

100

Oil

Bishop

-

_

230

230

75

9%

9%

10%

200

6%

7V2

1,620

45/4

Jun

a25% a25%

80

20%

Aug

7 5/2

2

Oil Co
Jackson

Byron

230

20c

of California N A

Basin

<1

Co_

..

_

a25%

—

California

Art Tile

California

Ink

__

Mills

,

Central

Eureka

;

»

32

2

Mining Co__

20

Apr

100

18%

Aug

23'/a

Apr

231

17 '/a

Nov

28 5/4

U S Steel Corp common

•

75 5/2

75'%

76 %

532

62

Apr
Oct

24%

Universal

Consolidated

Victor Equipment Co
Waialua Agricultural

Jun

192

Nov

9%

6 5/2

260

Apr

Oil

Clorox Chemical Co
Colorado

Fuel

&

Oct

12'/2

36'%

Nov

27

190
30

6% Mar
Jan

92'/2

8

106'/o

20

Co

American

Nov

American Power & Light

7

Sep

11

Jan

May

51

July

Factors

American

40

American

32%

32

877
62

24%

Apr

50-4 May

32%
63

a605a

.3%

Nov

preferred.. ..20

Iron

Edison

280

565/2

Sep

66

Oct

864

20%

Apr

30

..

23

&

Smelting

1.65 Aug

Consolidated Chemical Ind class A

"

Consolidated

5

Coppermines

...

_

Copper

Argonaut

Creameries

Crown

120

17'/2 Apr

19%

Feb

Armour &

375

25''2

Nov

32%

Jan

Atlas

34%

Apr

44

Oct

Avco

43

295

a5%

80

6%

5% May

Zellerbach

Corp common

$4.20 preferred.
$4 2nd preferred

_

Feb

Bendix.

34%

33V4.

1,651

101% 101%

669

101

Oct

108

107

11%

Jan

122

122

34

May

130

Oct

15%

15%

113

15%

Nov

32

Doernbecher

Mfg

•

Co.

Chemical Co

15%

100

155/2

Nov

32

Jan

El Dorado Oil Works

Emporium Capwell Co common

1

Farnsworth
Food

Television

Machinery

Galland

Linen

&:

1

10

com

10

79%
63

2

common

Corp common

tj

Mav

50

38

Aug

39%

100

23

39*4

4

5%
a

57%

Paint

Corp

•

common

Cumulative

preferred

(111)

Conv

preferred

2nd

Golden State Co Ltd

Santa

*
•

common

Hancock

Oil

Co

Cal

"A"

*

19%

Development

Honolulu
Hudson
Hunt

Oil

Motor

Foods

Car

Ine

!0

Feb
NOV
Feb

2

Oct

19,144
1,132

28% May

50%

35% a36%

257

31 '■> Mav

41%

Feb

3%

902

Jun

3%

Feb

13%

13%

112

81%

a

Nov

2.80

10

100

69
23

Oct

5 5/4

238

al5'/2 al5%

125

15%

May

43

5 '/4

Oct

Oct

96'%

Mav

85%

a22% a22%

31'%

Berkey & Gay Furniture Co

1

l'/a

1 '/8

Bethlehem

•

a98»%

1

4'%

1

pf-:E

&

Steel

Co

Inc

common

capital

Airplane

Boeing

all all%

Jan

25% July

7%

Feb

24»/4

Feb

16»%

4% May
15%

Nov

75

7% May

Feb

320

1 %

23

May

38 '/4

350

32

1

Sep

2%

Feb
Jan

Borden

Co

41 »/2

Oct

Cal

15

Ore

Sullivan

&

Pwr

6%

pfd

49%

Jan

Canadian

3%

Oct

Chesapeake & Ohio RR

8

1,208

May

95/4

Feb

Cities Service Co

commor.

10

71 % May

92%

Jan

Columbia

Elect

5

CO 5 8

103

6%

150

5%

5%

200

4%

Jan

a57% a58%

415

62 V4

Jan

65 V4

285/3

Feb

23

Railway

Apr

3'/»

Apr

a21

55

14 '/a

Aug

23

Feb

90

40%

Jun

17%
rllO'%

25

Pacific

841 \

4,434

—

100

2.30 Aug

115

4%

a93

a43% a43%

2 '%

'27

25

17%

550

32

rll0%

10%

101

5'%

a

5%

Mar

8

Jan

6% July
Feb

Gas &

109»/2

Jun

40%
18%

Oct

Sep

112'%

Feb

10%

455

9 »/2 May

14'%

Feb

a43% a43%

130

42 % May

54%

Jan

__

—

a36%

Commonwealth

&

39

49

12%

378

10 %

70

100

45

a

Natural

20'/2

600

19

May

20

100

20

Nov

25

100

24% May

35

Feb

Continental Oil Co

18

19

4,932

17 V4

35%

Jan

Curtis

9 %

Publishing

11%

170

95

200

94V2 July

19%

20

589

171%

July

Apr

11%
105

25%

655

95c

280

39 %

•

1954

19%

100

14

6.665%

19

20

380

15 %

May

1.35

12%

41

Southern

Edison

Consolidated

20

Nov

*

Columbia River Packers

of

Co

Gas

70

—

•
N

Y

Co

26

39%

Jan

(Del)

Oct
Nov

2%

2%

100

21%
a51 %

5

Co

Oct

12%
70

Apr
Mar

21%

499

21

Nov

29'%

Feb

a51% a51%

12

445/2

Jun

49

Sep

10

49%

Oct

12

Feb

•

15

Feb

May

16

Jan

79%

Nov

a99%

4'/4
a20'%

5

com

32 Va May

53

Co

common

17
71

174%

1

31 >/2

common

Corp

800

1.10

52%

Mav

48

3

1,165

1.05

*

11% Mav

53% May
151

3'/a

a35%

81%

IB

3

52 1'2

l

Corp

a

47

13%

48% a48%

—

a9%

20

38% Apr
7% May

5

__

1

9%

2% M"v

a9%

a

*

5

300

4 5% May

6'%

Jan

Feb

Nov

July
Feb

Dominguez Oil Co

27%

475

21% May

28

a45'%

a

45%

50

435/4

47% July

all%

a

12%

32

10 »/4 May

16

35%

905

32% Mav

30'%

Feb

27'%

•

Kodak Co

Eastman

*

Electric Bond & Share Co

Holly

31

1,879

a!l '/b

Jan

95

<!

240

15%
69 '%

5

Bunker Hill

11 %

♦
of

Pineapple Co Ltd

Feb

Feb

IS

100

Fe

Curtiss-Wright Corp

Greyhound Corp
Hawaiian

19

Oct

16%

9% May

153 153'/4

13

Ohio RR

&

Aviation

41% July

6%

a

Jan

35

26''4 May

15%

5

25

*

29%

Nov

50
50

a 68%

5

&

20

20

27%

28

a8%

5

Consolidated

General

13'/2 Aug

28

a69%

8%

3%

8
0

2%

Service

General Motors

Radio

Corp

Foster & Kleiser

3 5,4

650

38%

•

Corp

8%
a40

39%

__

♦

Eureka

8%
a40

8%

15

common

Jan

Apr

9

23%

Jan

15%

-5

Feb

Nov

a8»/2

100

Blair

15%

175/4

330

Oct

32%

ft

Co

Baltimore

32%

5

250

50

Locomotive

Jan

1,236

_

Di Giorgio Fruit Corp class A cornClass B common

27 '/a a 28%

a

•

com

Manufacturing

17%

12 5 a

...

a27 %

Jan

37%

Jun

282% May

Feb

235/2

234

12 '/4

*

250

.100

Co

Topeka

Nov

12

12%

1
common..

11%

San-

Corp

11% May
25% Apr

12

1

5

Corp,

Amer Inc

oi

11%

Refining.

Mining

Mining

Baldwin
Cons Vultee Air

11%

~il

17%

43

—

501

Rights

25'

a5 '/a

43

18 %

*

Std

&

American Woolen Co

17%

2

17'/4

20

Radiator

25 "2

25

17'/4

27 5/2

NOV

11'/2

Jan

a60% a61%

17%

__

20

42'/2

Feb

Jan

7,252

22%

62

300

Jan

Aug

8

Aug

57C

1.40

23

34'%

297

1

common

34'/4
297

50c

Stores

Mar

60

1.10

286

78%

May

Unlisted Securities-

400

3%

520

9

24'% July

Oct

9

2 5/2 May

38

9

9

•

Department

Yellow Cab Co

618

20

100

Nov

7%

Western

Atchison
Commonwealth

Dow

20

1

Co

24

to CO

10

Fargo Bank & U T

Anaconda

2.50

Chrysler Corp

lan

18%

51

a56% a56%
1.25

1

Oct
Oct

17V8

9

•

15%
18

Jun

17%

25

12 '%

American Tel & Tel Co

California Packing Corp common.
Caterpillar Tractor Co common

10% Mav

10

51

—

25%

18'/» May
14%

Corp

120

5

_

62% July

515/4 Mar

Calif

2.50

2.50

*

Co

7%

106'/2 105'

it

class B

Cotton

California

100

preferred

7%

7%

-1
Co

Oct

1

Feb

of

Air

Air Reduction

Calamba Sugar
Calaveras Cement

47

Lines

Sugar

Wells
Bandini
Bank

5

Jan

Calif National Bank
Imp Diesel Engine

Anglo
Atlas

Oil

Corp

Co

Oil

Union
United

Aireon

Associated

27'/2

for Week

of Prices

Sale Price
Par

*

Water

Jan

40'/4 July

33% July

30%

25

1

Transamerlca

20c

May

255/2 May

30%

2

Transcontinental & Western Air

20% May
9c

Jan

30% May

•

Tide

Sales

Range

Last

STOCKS—

Exchange

Week's

6'/2

21% July
26'/* July

364

38

Standard

Friday

Sep

18'%

18'%

Spring Valley Co Ltd

San Francisco Stock

Feb

165/4

11c

Co

Oil Co of Cal

Nov

35%

—

common

Sperry Corp
Spiegel Inc

1

33

pfd ..25

cum

prefererd

63'/2 July

16'%

5

.

Oct
Nov

Nov

20

•

common

57
79

May

545/4

30

5

capital

Feb

65

Feb
Jan

33

10 pesos

Roebuck & Co

26%

129

16'/4

10

Mauricio Mining

Sears.

Aug

a30'/a a30%

a21%

1

.

Inc

873

92

a36% a36%

—

1

.

Saieway Stores Inc common
Ban

25

79

55%

•

__

Fine

273

45'%

\

Corp common

Aeronautical

&

95

54»/4

25

Bros

Ryan

28 r/4

77

-1

•

_

Rheem Manufacturing Co

S

155/2 JUly

Oct

a52% a52%.

100

.

common

Preferred

Oil

Feb

24%

%

Preferred

Richfield

12'/4

150

54%

•

Roos

200

*

Pulp & Timber—..
Electric & Equipment Incorp

14

25%

93'/4

93r

10

Puget Sound

Railway

14

25%

*

common

Jan

52%

•

common

Southern California Edison

Sterling

425/a

622

Apr

50

1

Louis Public Service class

Jun

35%
31%

29

•

Shell
St

34%

35'/4

Feb

30%

25

Range Since January l
LOW
High

4,559

31%

Phillips Petroleum Co
Rights

Sep(

12

10

common

Missouri Portland Cement
Rice-Stix

100
100

5

5

Jan

May

375%

20

common

McQuay-Norris

16%

16%

8

Laclede

33
200

Corp common

Pacific Western Oil Corp

Parafflne

Rayonier
International Shoe

High
36>/a

Nov

15

57'/a

30

1st

Jan

365/8

34%

57%

5
4
100

common

115

Jun

26'/4

31

31%

•

10
•

General Motors common fUn)

Huttig

18 '%

5%
180

Low
35'%

25
25
25

55%%

Hiah

Low

14%

common

Century Electric Co common
Columbia Brewing common
Emerson

31%

Shares

355/4

25

1st preferred
1st preferred

6%

Range Sinee January l

High

30 %

30 Vi

1

common

for Week

of Prices

Par
Pacific Gas & Elec Co common

for Week

Sale Price

STOCKS—

Range

Sales

Range

Sale Price

STOCKS—

Sales

Week's

Friday

Week's

Last

Exchange

5

General Electric Co

•

--

Sep

Nov

Jan

Jan

53

Nov

May.

21»/a

Oct

General

Mav

29

Jan

Goodrich

13

Nov

Apr

Hutchinson Sugar Plantation

15

13

13

150

10

Feb

IXL

P2

70c

70c

70c

300

70c

Jun

1.45

Feb

1

1454

14 '/4

15

2,027

5l/a May

18%

Oct

27

27

345/4

Food

(B

*

Corp
F)

35'%

Co

common

a

35%

a35% a36%

59

38

Nov

39%

Aug

*

a58'%

a58'% a58'%

50

50 5%

Aug

555/8

Sep

a43% a44'%

85

43

5%

5%

120

36

36

235

36

May

44

July

30

NOV

Jan

—

Goodyear Tire & Rubber

Mining

Co

Kaiser-Frazer

Langendorf
Class

Corp

Utd

common

Bk

"A"

*

B

200

27

Nov

22'%

23'

2

795

20 3

30

Jan

(R G) Inc

1

17%

17%

150

17

Sep

27»4

7

95

91

2

110

10%

Apr

12%

12%

190

8% May
10% Mav

3%

35%

100

3

May

a34% a34%

60

33

Aug

•

1
4

--

Jun

CO O

8'%

3 V4. May

Feb
Oct

Jan

Libby McNeill & Libby.

common

Graham-Paige Motors common
Great Northern Ry non-cum pfd

*

--

4

May

Hobbs Battery Co class A
Class

Le Tourneau
Lockheed

Aircraft

Lyons-Magnus
Macy

(R

H)

Corp

class
&

Co

1

B

*

•

common

1

Calculating Machine

12%

12%

12%

694

5

Magnavox Co
Marchant

3%

2

35

35

35

185

12 V* May
29% Sep

23% May

20
4 "2

38

17%

Idaho

B

Mary

Mines

Corp

Feb

International

Feb

International

Sep
Feb

Kennecott

Tel

Co Canada

&

Tel

Co

Copper Corp

•

_

a

12%

Loew's

275/4

Oct

3%

Jan

Matson Navigation Co
Montgomery Ward & Co

Nov

Mountain

Inc

630

19% May

600

1% July

45%

Sep

2.50

2.55

2,200

2%.

Nov

3'%

Feb

a27'% a27%

70

28%

Sep

36'A

Jan

al2%

al3

60

9% May

17%

Feb

42%

204

41%

•

a 46%

•

40% Mar

30

3%

2.50

*
•

28

3%

—

1

Johns-Manville Corp

Nickel

30

•
•

.

41%

20'%

41

44%

Sep

Oct

a46'/4 a49 Vh

10

43% Jun

49%

20'/a

145

195/4 Aug

257/$ Feb

20 5/s

F*b

\

Meier

&

Frank

Menasco Mfg

Co

Inc

1
10

Morrison Knudsen
Natomas Company
North

American

Oliver

United

Paauhau
Pacific
Pacific

Oil

Filters

Sugar

Fisheries

Coast Aggregates

For footnotes see page 42.




19

B

Plantation—

American

26%

300

1.25

1.30

890

1.10

Nov

15 5/4

15

15'/4

775

12%

Apr

17

11 '/a

215

11V4

Jan

13% Jun

11%

•
10

Cons

class

26%
1.25

10

Co common

_■

37
11

37

190

24

Mav

38

Oct

11

11 5/8

375

10

Mar

13

Jan

N

13

Jan

North

Y Central

RR

6%

200

11

Feb

13

15

200

10%

Jun

15%

Oct

6'/4

927

'5%

Nov

Norther^ Pacific Railway^—

6

9%

Feb

Olaa

J

American

Sugar Co

Aviation

17'%

17%

2,330

54'%

54%

258

a45c

a45c

a45c

50

17

17

17

150

•

Oct

17

26'%

Feb

64

Feb

50

Apr

50c

Sep

2.50

May

19'%

14

Jan
Feb

20%

1

20%

21

369

17% May

23'%

Oct

12%

capital..

15

5

•
5c

Nash-Keivinator Corp
National Distillers Prod;

13

15
5

City Copper

12%

13

821

12

22

Feb

10%

Feb

22%

web

8%

100

al8%

20

6

8%

8%
a

18"%
5%

a

240

7,

19%

135

14

6

200

4

May

.

May
Mav
.

,Jun

,/

6% Sep

Volume 166

Number 4651

THE

COMMERCIAL

OTHER
RANGE

Friday

Week's
Range

Last

STOCKS—

Sale Price
Par

Pacific

Portland Cement

Preferred

Packard
Pan

Low

10

common

Co

Airways

WEEK

NOVEMBER

Pictures

Dodge

Low

10

106

a47/8

50

4%

Sep

9'/a

683

87/a

Nov

15

Feb

Standard

Studebaker

21

Jan

125

Nov

Socony-Vacuum Oil

15

80

Oct

7%

25

Pure Oil Co
Radio

22

22

22

170

21%

Sep

30%

Jan

16'/a

16%

515

16 Va

Nov

2o%

common

a24Va a26'/a

75

25%

Jan

33% July

33 V30

a24'/a

25

54

50

21% May

10%

Brands

Texas

Inc

9%

Oil

Portland

Corp

10Va

720

Oct

7% May

46%

Company

a

preferred

58

Mar

United

Corp

Delaware

1

28 V2

July

Utah-Idaho

of

Sugar

10%

Feb

Warner Bros

180

10%

Nov

15%

Feb

Westates

255

2.1

May

.10%

Feb

Co

25

40

Nov

40 V2

220

25%

Apr

36

15%

15%

395

14

May.

5

Week's

Last

Range
of Prices

Par

Low

LISTED

WEEK

ENDING

(F W)

12 Va

com

Shares

2,263

20

21 %

21V4

21%

2,038

39

39

75

197/a

19%

20

250

•
15

57%

Amalgamated

Argus Corp Ltd
4

V2 '!o

Asbestos

Imperial Oil Ltd
*
Imperial Tobacco of Canada common_5

Range Since January 1

14 Va May

High
21%

4Vo

Pow

0

22

Feb

Industrial

43%

Jun

4V4%

July

19 V2

Oct

Accep Corp
preferred

35

8%

Nov

22 V2

Jan

59

Nov

International

210

95

192

Mar

220

Oct

International

Nickel

of

25%

25 %

453

25

Oct

27%

12

12

10

10

Jun

12

Mar

International

Paper

Petroleum

7%

7 %

1,675

Feb

International

Utilities

82

82

2

82

Nov

27 Va

26 Va

27 %

416

26

22

22

531

170

166

170

906

20

20

20%

4,352

9 V2

Bell

Telephone

Brazilian

100

Trac

Light

&

Power

•

G% May

9%

Bronze

American

Bank

British Columbia
British

Elec

Columbia

British

Brock

Power

Co

4

19%

19 %

100

pfd

Forest

Columbia

Class

Note

4'v

98%

98 3

Products

Corp class A_4

B

*

Silk

Building
Bulolo

4

Mills

28

Products

Gold

2%

__

•

Dredging

29%

5

--

Power

La Hilda

Cement

$1.30

Co

1

May

30%

Feb

19

May

23 Va

Feb

165

Oct

Public

Jamaica

19%

Nov

191

Lake

1%

Feb

23Va

of

the

Forgings

Class

class

Canada
5%

400

19 %

Nov

4

10

98%

Nov

3%

4 7/a

8,955

3V4

25%

50

2 %

2%

450

24

24

25

20

Aug

29%

29 %

561

28

19

19

15

16

23 % May

Lewis

Bros

Canadian

Car &

4%

Feb

London

Nov

2Va

29 %

Celanese

Canadian

Converters

Foreign

Canadian

Ind

class

3%} Feb
29

Range

Shares

LOW

32%

Feb

Jan

20%

14%

Canadian

Canadian

Consumers

26

—

26

10

25

Jan

41

41

10

35

May

12%

13%

470

14%

14%

8% July

495

13

42

42

42

80

40

23%

23%

25 %

370

19

24

23%

24

2,599

Aug
'/4

26 Va

New

5%

22%

13 '/4

13

13%

845

12

16%

16 Va

550

I6V4

Feb

Nov

17%

Nov

50

25%

Sep

27

Nov
Feb

14%

Feb

Sep

19%

59

62

1,178

56

Apr

67 Va

23

75

23

Nov

25

Feb

May

15

15

10

14

Julv

17

Jan

32%

32 %

25

30

Apr

40

16

1,800

11% May

17%

Oct

15%

15%

1,250

11%

17%

15

61

29

29 Vb

150

22%

Apr

37

Jan

14%

14%

295

14 %

Sep

18 %

Dominion

Glass

common

preferred

13

13

13%

2,950

11%

11%

5

94

93

95%

2,310

40

40

40 %

155

37%

37%

38

65

•

__

Dominion

Steel

Apr

11 V2 Mav

15%

Feb

11

14%

Feb

Nov

78% May

97

Oct

43

Feb

37

Oct

48

7%

Tar

Voting
Red

B

25
4

common..*

New

31

31%

630

30%

18%

18%

19

700

14

10

10

52

Aug

11

Feb

27

28

35

28

Nov

32

Jan

29

29

120

28

July

33

Jan
Jan

—

35

14% May

8 %

Sep
Mar

20%
37

Feb

19%

Nov

18%
--

35

36

95

35

Oct

42

35

35 %

150

35

Nov

18%

19 Vo

9.135

12% May

38% May
19% Nov

26 %

--

26 %

425

21% May

27%

Nov

26

26

Nov

4

Textile old

26

30% May

26

26

55

22

Nov

30

22

22

22 %

340

22

Nov

26

Feb

4

common

108

26

108 108%

75

25%

May

828

92

Jan

114

12%

12%

2,969

12

Nov

13

Nov

100

Donohue

Bros Ltd

Eddy Paper

-

class

Co

A

pfd

Enamel

106

106

106

60

4

20 V4

20%

21

105

20

Feb

21

19 V4

May

1.9%

365

19

Oct

21

Jan

20

Corp

--

Heating Products
Electric class A

4

B

English

4

Class

Famous

Players

Foundation

Gatineau

5%

5V2%

1

&

Co

Canada
of

Power

4

Corp

4

steel Wares

100
__

common

Tire 4%
pfd Inc
Lime & Alabastine

Goorivear

Gypsum
Hamilton

1927

100 Va

Nov

Bridge

13

13

13 %

1,282

12%

12%

763

•

13%

13%

50

24

24 3

4

225

23% May

26V2 Mar

4

Ltd

22

32%

65

32

Nov

36

Jan

172

Feb

175

Mar

com

173

173

173

30

*

20%

20%

20%

25

15 3

A)

4

17%
Oil

old

4

com

16%

Feb

13V»

Feb

Jan

11%

14 V2

Oct

19 Va

Apr

14%

Sep

21%

Feb

16 V2

Feb

285

14% May
Jan

21 Va

8

23%

30

July

615

12%

Nov

13

Nov

Feb

16

Ltd

16

16

275

13 Vi

Jun

20

38

4

preferred

27

38%

600

34%

Jan

40 V8

July

40

May

40

•

common

4

17

46

Va

40

32

17

25

Works

preferred

Feb

17 %

160

4712

525

46 %

Aug

41 %

14%

Sep

22 V2

42

Apr

48

May

50

May

Feb

25

44

44

44

150

4

22 Va

22 %

22%

721

25

25

50

23

July

26 %

Nov

KT

430

42

Aug

53

Jan

4

48%

•

27

Mines Ltd

Ogilvie

Flour

Ontario

Mills

Steel

common

co

01

CO

44

Nov

21%

Sep

Electric. Rwys

Ottawa

Lt

Ht

&

27

27 %

775

26Va

Oct

4

21

21

45

16

May

4

22

22

189

18

Oct

15

Products

Ottawa

new

Power

com

26%

Feb

29

Jan

21%

Nov

22

Nov

May

17%

17 %

25

Feb

18

32%

33

190

27 V8 July

33

Jan

4

63%

66

200

62 Va

NOV

71

Jan

1

18

18

240

16

Jan

19Va

Feb

Jan

•

common

Penmans

Ltd

4

_

common

Placer Development
Powell River

Price

i

Co.

Bros

4 %

4

--

32 "a

43

44

2.230

34

13%

143a

1,370

69 3

4

1,665

10% May
50% May

100

198

--

13%

no. Ltd

»

Provincial

Transport

Rolland

57%

99 Va

99 %

4

44

Nov

15%

4 V4 7c

pfd

Power 4% 7c

100

pfd

100

99 Va

Nov

Oct

70

Nov

103

Feb

13

13

80

13

Nov

17

Jan

18 %

18 %

175

18

Aug

20%

Jan

102

--

4

Paper

Saguenay

68

100

common

preferred

St

Lawrence
Class

A

Corporation

common

preferred

Lawrence

Pt

Flour

Lawrence

102
__

4

102

30

103% 103%

5

18

1.475

49

50

17%

17%

151

151

48

50
Mills

Paper 6%

Shawinigan
Series

A

Water
4%

7%

pfd—100

101

Jun

104

Mar

103 %

Oct

106

Feb

151

9% May

30% May
151

19Va
50 Va

Sep

164

Jan

140

Oct
Oct

May

Sicks Breweries

Voting
Simon

of

7%

582

22

2.008

21%

Oct

25%

Jan

48

48 Va

755

48

Nov

50%

Sep

common.4

28 Va

28

28 Va

30

25

Jun

30 % Mar

4

15 V»

16

2,075

12'%

Apr

I6V4

Nov

12 V4 Mar

15%

Nov

21%

29% Mar

common

Sons

Canada

common

Power

common

preferred
Co

of

15'

4

&

Standard Chemical
5%

138

21 %

com

trust

(H)

Southern

Steel

134

21%

48%

100

Power

Canada

Oct

125

4
__50

pfd

&

preferred

Sherwin Williams

15

15'4

350

4

25

25

85

4

18

181

211

4

4

3.510

116

16

7%

Nov
Mar

I8V2

Sep

Sep

9%

Feb

97

Nov

104

Feb

4

78

77

73

365

75

Oct

82

May

25

80

73

80

430

78

Oct

89

Jan

100

Canada

common

preferred

106% May

Tooke

Brothers

97

70

100

Viau

Steel

Biscuit

100

--

--

18%

109

17c

preferred

Corp

18

Oct

20V4

Apr

Nov

5%

Oct
Feb

Winnipeg

20

20

4%

50

18

4%

18%

800

16 V4

24

24

150

23

July

20

158

17

Apr

Aug

19%
26

20 %

Jan

July

5%

9

Jun

25

166

Nov

190

Jun

1,300

iVa May

10

Feb

21

21

9

21

July

8

79

79

270

common

preferred

Electric

79

2512

25

4

1.290

35

35

35

8

100

Worts

4

101

101

10

4

(Geo)

4V2%

Nov

170

87a

4

&

Wilsils Ltd

20

4%

Wesson

8

166

8%

4

Cotton

Jan

100
4

common

Gooderham

Nov

11%

197a

..

21

21

50
705

4

19

201%

96%

96%

45

4

35

35

250

4

19

100

common

preferred

Zellers Limited common

25 3

96 %

20

Jan

72

Apr

21% May
26%
101

Sep
Nov

20% May
13

96%
35

Jan

81
28 %
35

Feb

Oct
Nov

105%

Jun

23

Mar

21%

Oct

Nov

101

May

May

38

Feb

50

109

109

214

109

Feb

111% May

5 7c

preferred

25

26%

26 Va

50

26%

Nov

27

Jan

110

110

50

110

Jan

lllVa May

67c

preferred

25

28

23

10

27%

Jan

29

Feb

16%

--

•

*

Walker

18%

100

16o
8 V4

4

Tobacco

United

Jun

17

180

14%
52 '/a

52 %

52 Va

10

15 %

15%

530

Sep

18%

Jan

Oct

55%

Jan

May

16 V2

Jan

Banks—

Commerce

13

23 3

960

24

preferred j
50
Hudson Bay Mining & Smelting—,—*

July

49'/a

49 VB

49 %

50

49

44%

44

44%

505

40%

7%

850

6V4 May

9%
53%

Feb

Apr

45 V2

Feb

27%
37%

10

25

24%

25

50

50

1,120

4

21'4

Sep

23%

Nov

Apr

28%

Nov

39

Jan

Apr

25

Jan

Jan

50 Va

Feb

190

a
.

25V4

415

28

38 3

34

July

1,817

22

$1,000

50

Oct

Nov

23 Va

28

38%

10

Feb

32

23 %

10

10

15%

31%




Sep
May

12V2
10

13

12%

Breweries

7

15% May

30

For footnotes see page 42.

Nov

12%

(Robert)

75

7 Va

$2 00

63%

1,371

50

7%

common..

May

17 %

17

30 Va

Paper

41

257

11 %

*

Smith

3.325

17 %

11%

*

Howard

61%

25%

16%
11%

*

preferred
preferred

General

•

Canada

com

Feb

a

60 3

Feb

Breweries

Wabasso

Electrolux

Jan

Sep

37%

*

common

Tuckett

pfd

Jan

38 V2

Nov

12 V4

common

Donnncona Paper 4'/2 %

26

Nov

32

455

Nov

23 V2

ctfs

prefererd

Dominion

31%

*

class

'Chemical

&

trust

9,667

20

& Coal

Nov

26

2,170

4

Feb

20%

_4

_

13%

230

34

Nov

39 »/4

20

*

Dominion Stores Ltd

Dominion

20%

25

__

15
27

33

Jan

--

--

5

Steel

13%

5

National Steel Car Corp
Niagara Wire Weaving

Oct

35
&

Oct

26 %

13%
33

Power Corp of Canada

15%

•

Foundries

Oct

Nov

16

25

preferred

Mar

3

Jan

23

__

common—_1

common

40%

Feb
Mar

May

23

25

•

preferred

Dominion

7'/r

6%

100

Nov

Nov

Mitchell

Jan

41
13 %

Apr

16%

•

Dairies

Jan
Nov

1.50

5

Locomotive

A

Bridge
Coal

30%
94

Nov

Cottons

Seagrams

Dominion

681

5

McColl-Frontenac

St

Dominion

Nov

July

Jun

Glass.

Dominion

Apr

25 %

20

31%

Crown Cork & Seal Co

Distillers

15%

Nov

5

Nov

32%

Smelting

Jan

25%

5

28

4

&

a

4

700

4

Mining

13 Va

416

25

25 3

15 V2

120

Montreal

•

Pacific Railway
Plow

Cockshutt

2,241

14

16,993

•

Quebec Power

Consolidated

High

Jan

2,135

Jun

Montreal

•

Companies

Low

12%

147a

110

Jan

Locomotive
Oil

14%

Sep

15%
Canadian

Range Since January 1

High

4

Nov

pfd. —20

class

Feb

Jan

485

23%

Investment

Alcohol

13
52 V«

Sales
for Week

2

Massey-Harris

Jan

62

A

30 % Jul*

110

96

common

Canadian

Jan

May
May

15 %

Jan

4

-

23Va

110

Mav

common

series

Week's
of Prices

35

Ltd

Co

Page-Hersey Tubes
$1.00

44

Jan

Jun

Mav

20

Canadian

7

70

15%

17

•

Foundry

62

4

77

B

Class A

245

a

Nov

•

6%%

189

Breweries

Canadian

28 %

a9 Va

Feb

July

5%

100

W)

770

4

cl

28%

a44% a45 7

94

Ltd

(C

96

•

Ltd

60c

pfd

Lindsay

103

18%

4

Co

I8V4

Jun

3V4 May

Hosiery Mills Ltd

Aug

Apr

25

50
Cable

Nov

25c

100

28 %

Steamship common
&

13%

100

94

Corp

(John

28

96

__

Wire

225

1.445

1.50

•

preferred

18%

Corp

preferred

45c

5%

a9 Va

28 Va

a 44%

Noranda

Canada

13%

45c
5 V4

33%

common

18%

A

Power

Jan

33%

(John)

Woods

28%

4

Northern

4%

13%

Canada

Service

•

B

Canada

May

Jan

National

Canada

3

13%

13 Va

25

100

_.

common

preferred

650

Feb

Molson

Calgary

3%

Feb

98

25%

•

Jan

3%

25%

common

preferred

Lang & Sons Ltd
Eritlsh

4%

Oct

Labatt Limited

A

2% May

*

common

7 V4

200

100

6,517

'

Oct

2%

14

A

class

55

—

May

2 %

2!;

25%

Rights

23% Mar

100

.

•

class

24 Va

1.50

17V2 May
36

50

100

Pap

87

May

53%

Feb

100

25 %

4

common

&

Nov

17

25

preferred

22

Corp

Corp

Bathurst

64% July

85

47

Last

207

25

preferred

Sep

26

Sale Price

100

•

Electric

497

85

78% Aug
24% Feb

28

52 V2

•

pfd

58

85

19 7

MARKETS

NOVEMBER

International

common

4%

76

16% May

Friday

Low

18%

A

Can

Feb
Mar

63% Mar

1

10

common

STOCKS—

High

18

20

of

35

320

1

Woolworth

6%
Co

Nov

a

for Week

18

Aluminium Ltd
Aluminum

25%

2434

Sales

•

com

Agnew-Surpass Shoe new
Algoma Steel common

162

July

310

1

common

Westinghouse Electric Corp
Willys-Overland Motors

Oct

16% July

FOR

Pictures

Petroleum

Exchange

Sale Price

stocks—

Sugar

25%

17

a22% a22%

Par

preferred

34 Vb

Aug

40

31%

Friday

$2.50

Nov

Mar

a

5

Preferred

Canadian Funda

Acadia-Atlantic

27%

4

5

40

15%

Co

Corp

10%

Montreal Stock

& Paper
preferred

14

782

75%

Aircraft

31V2

_.

•

Power

380

19%

25

common

Guaranty

27V4

RANGE

$1.50

16%
27%

1

United

CANADIAN

Abitibl

1

High

16%

25

Nov

10%

10
50

Cruz

Low

27%

16 Va

4

Corp common

27%

4

Santa

37% May

50

9%

1

Reynolds Tobacco class B

222

a24% a24%

•

—

common

45

a53% a53%

__

4

America

Corp

45

__

4

common..

Steel

Range Since January

High

Feb

.

Corp of

Sinclair

Ltd

Shares

Feb

16Va

Raciio-Keith-Orpheum
rtepublic

Ed

Cal

for Week

Low

Par

4%

Jan

Sales

Range
of Prices

e

High

13

1

Corp

Inc

Week's

Last

STOCKS—

Title

Phelps

.

Friday
Range Since January 1

-_ou

common

Pennsylvania RR Co
Pepsi Cola Co

Pullman

28

Standard Oil Co of N J

Paramount

(2241)

Sales
Shares

8%

8%

CHRONICLE

EXCHANGES

ENDING

200

a

__

2.50

STOCK
FOR

122% 122 %

__

•

common

21

FINANCIAL

for Week

High

21

21

100

Motor

American

of Prices

&

BONDS—

Montreal

Power

3%

notes

1949

37;

38

(2242)

THE

COMMERCIAL

&

CANADIAN
RANGE

LISTED

WEEK

FOR

FINANCIAL

ENDING

CHRONICLE

Monday, December 1, 1947

MARKETS

NOVEMBER

28

Montreal Curb Market

Friday

Week's

La at

STOCKS—

Acme

Glove

Works

Atlas Steels

Bathurst

Brand

Millen

Paper class B
Ltd

Brewers

7%

&

Dist

of

pfd

—

100
•

Ltd

173

1.05

41

Vancouver

Oil

__

100

A

Ltd

American

•

common

Brandram-Henderson

British

Ltd

__

Ltd

cl

Packers

Ltd

Canadian

Gen

Canadian

Industries

Invest

pfd

Marconi

Nov

May

11,465

108 110%

465

112%

125

38

Mar

39%

Jan

15

459

14

Sep

16%

Feb

24

120

21

Jan

25

10

180

Nov

190

62

62

Aug

55

61

Nov

69

Feb

3%

3%

3%

500

3

May

2%

2%

175

2%

2%

94

Aircraft

Farmer

Ford Motor Co
Power

40

15

5,425

Tire

A

40

60

15

75

12

Mar

14

129

Oct

9

&

9

13

13%

2,185

60c

148

60

7

4%

300

21

700

21%

13,311

11

11%

65

14% May
8% Jan

17%

25

17

8%

475
600

39

A_

•

4

com

85

8

185

42

50

65c
22 %

9

Nov

13%

Nov

75c

Oct

64

5% July

Nov

Nov

2%

Apr

Jan

Aug

Nov

2,350

2

Sep

50

50

25

49

Oct

3%

3%

5,345

2

May

20

Jan

25

25c

Nov

55c

Nov

187

25c

25c

25c

53

19%

I,030

44%

35

16

16

40

15

225

10% Aug

19

19

100

19

19

3% May
61

Jan

4%

Feb

5%

13% May
Nov

44%
16

Nov

Nov

58%

4,500

5c

May

13c

Jan

47c

45c

48c

4,000

33c

16%

16%

200

1,100

—

Westville

Mines

52%

20

105

51% Mar

55

Oct

12%

Feb

250

45

45

45

25

9%

9%

292

7%

7%

6,245

14

14%

125

18%

18%

150

99

99%

40

6

6

100

2.15

2.40

59

14%

14%

25

13%

16%
24

.100

9%
11
40

Jan
Jun
Jan

28%

14

675

15%

16%

1,180

46

Jun

9%

6%

Oct

7%

Nov

11

May

14%

Feb

18%

Oct

21

Jun

99

Nov

104

5%

Sep

7%

Feb

Aug
15% May
65% May

14%

Jan

24%

Oct

76
17

Apr

10%

Oct

Jan

9% May
11

13

14%

May
Oct

Aug

24%

133

19

May

7

850

4

Apr

17

10

14 >/8

14%

395

117

35

12

Jan

Jan

30

9%

Jan

21

Feb

15

July

116

38c

40c

II,509

29%

29%

30

29%

29%

30

29%

18%

50

17

18

16%

18

200

10

10

5

29%

29%

29%

30

10

10

91

*
—

Apr

123

24c

Jan

43c

29'/8

Nov

34

Nov

Mar

Jan

15c

Oct

30%

Feb

21

Feb

14

July

25

15%

Feb

23

May

30%

Nov

10

Nov

14%

Jan

3c
~

15c

15c

2,000

10c

87c

4,300

85c

Nov

87c

Nov

3c

4c

600

3c

Aug

7c

Feb

18,000

12 %C

Oct

26c

Sep

11 %c

Nov

44c

Jan

9%c

11c

1

43c

43c

43c

1,000

29c

25c 34%c

69,700

1

.1
1

1

Mar

11,000

1

1

19c

18c 20 %c

Bob's Lake

20c

Jan

16c

Band-Ore Gold Mines Ltd
Beatrice Red Lake Gold Mines Ltd.
Beaulieu Yellowknife Mines Ltd

.—1

16c

Apr

40c

40c

500

34c

Mar

43c

Feb

2.40

—

2.40

2.45

20c

12,000

5c

27%c
5c

Jun

17 %C

Oct

Jun

89c

Sep

Sep

70c

Oct

50c

40c

51c

5,800

40c

Nov

5%c

5c

6c

5,200

4c

July

8c

SeD

6c

May

—

__

13c
—

Feb

1,400

1.82 May

2.90

Nov

9c

10c

2,000

7c

Feb

10c

2.000

9c

May
May

21c

10c

—

50c

Nov

1.80

Nov

18c

Feb

107,100

Ltd__l

14c

13 %c

15c

30,000

7c

Oci

25c

Mar

9c

9c

1,000

5c

Jun

9c

Jan

13C

13c

15c

19,500

12c

May

3.00

3.00

3.05

1,560

48c

57c

3,500

35c

Oct

57c

Nov

47c

50c

1,435

47c

Nov

67 V2c

Apr

4

_

50c
i

--

210

34 %c

Jan

5.35

Feb
Feb

1

15c

13c

15c

18,700

7c

Sep

19c

Jan

•

Ltd

50c

70c

70c

74c

4,400

50c

May

85c

Nov

Nov

20c

Mar

May

22c

Sep

2.80

Jan

—

_1

__

9%c

11c

4,500

9%c

14c

14c

2,000

13c

2.05

2.10

3,200

i.

9c

_4

Ltd

—

10c

39,200

7%c

4

4.60

4.60

4%c

4%c

2,000

3.00

3.00

300

14c

23,100

5c

100

1

_

4

—

70 May

Aug

20c

4.50 May

4%r

Nov

July

4.60

Apr

14c

Feb

3.30

Jan

2.80 May

Oil

Co

Co

Ltd

•

11»/«

11 %c

c

11 %c

Nov

61c

4

40c

40c

40c

1,000

35c

Jan

75c

1

__

1.27

1.20

1.29

9,000

40c

May

4.40

4.40

12c

13c

1,000

9c

Sep

24c

July

7c

7c

2,000

7c

Sep

15c

Jun

Jun
Jun

1.37

Nov

Oil

Co

Ltd

*

*
_

4

-

__

--

Range

Jan

4.75

July

for Week

of Prices

Shares

Par

Abltibi Power & Paper
S1.50

Low
18

20

$2.50 preferred

_

-

Ranre Sine* Jannary

High

Low

High

•

common-

preferred

Acadia-Atlantic class

20

_

21%
--

38

18%

615

14% May

21%

4,825

39

75

17% May
36% July

21%
22

Feb
Feb

43%

Jun

•

A

Acme

Gas

Akaltcho

&

Oil

20

20

25

101

101

25

6%c

6%c

500

5%c May

1.00

1.00

400

90r

Aug

12c

15c

44,900

10c

Oct

32c

Feb

52

s

_

__
_

Yellowknife

i

Alger Gold Mines

Aluminium

1

--

•

common

Ltd

•

common

Aluminum

of

Canada

Amalgamated

4%

Larder

pfd—

Mines

55

2,155

21

Jan

59 Va

Nov

110

188

Mar

210

American Yellowknife

1

210

25%

100

—
—

19%
100

Oct
Nov

25%

345

41c

50c

22,300

33% Mar
107

Feb

11c

Jun

I

50

Jan

9%c

27%

Feb

1.90

Jan

19c

Mar

10c

4 500

7%c Oct

1.45

1.55

1,500

»7r

8.25

1,190

1

85c

92c

46,900

6c

6c

1,000

7c

7c

7c

21,000

36c

35c

36c

7,000

_

•

Oct

Oct
Nov

8.25

—

•
_

220

25

32c

-1

__

Anglo Canadian Oil

Anglo Rouyn Mines
Ansley Gold
Apex Cons Resources
Aquarius Porcupine
—

__

-

-

_

Argus

Corp

Armistice
Ashdown

•

1
•

common

Jan

1.90 July

Nov

9.65

60c

Aug

1.30

8.25

Sep
Feb

4c

Nov

12c

6%C

Jan

14c

8ep

35c

Nov

70c

Feb

Feb

Ashley

Gold

Astoria

7%

7%

725

42c

45c

11,600

14

100

17c

21c

373,100

6c

May

12c

_

43c

17c

A

11c

14c

6.400

8c

Mav

10c

12c

15,500

10c

Nov

38c

Feb

12%

12%

2,645

9

Aug

13

Nov
Feb

„

Quebec

Athona

class

7'A

14

1

—

Hardware

Mines

Mining

Atlas Steel

1

-

—

6% May
41c
13

May

Apr

9%

Feb

1.03

Jan

15%

Jan

27c

Sep

10 %c

•Tan

•

_

12%

__

Yellowknife

1

16c

16C

1,000

1

_

Aubelle Mines Ltd

Aumaque Gold Mines
Aunor

14c

15 %c

18,500

54c

Nov

1

-

28c

30c

8,500

4.15

4.40

2,500

5 'A

5'/4

5'/4

100

23 %c

common—

*

28c
4.25

—

Gold

Electric

34c

4,400

9c

9c

5,246

27 %

28

600

Bagamac Mines
Bankfield Consolidated
Bank

of

Bank

of

Bank

of

—

Nova

28

Scotia

Toronto

38 %

__

_

Base Metals Mining
Bathurst

Power class

11c

May

35c

8%c

Jun

39o

Feb

20c

Jun

76C

Jan

Telephone of

Mar

20c

3,000

15c

Apr

28c

Feb

2,700

10c

Oct

44c

Feb

Bevcourt

500

9c

Aug

52c

Jan

Bidgood Kirkland Gold

Berens

&

Sons

A

Mar

Sep

19c

Jan

Oct

28 Va

Nov

40

Jani

33

Jun

He

11,500

22%

69

50c

53,100

39

39

50

36c 44 %c

43,660

170

166

170

1,599

70c

70c

700

20

18%

20

90

7%C Jan

23e

19

Jun

23 H

Nov

91c

Va

36

Aug

42

26%C May
165

Oct

Oct

•Tfltl

44c

89c
191

Jun
Feb

Mar

ium

Sep
Feb

60c

Oct

91c

Jan

17%

Jan

20%

Sep

1
_

35c

Ausr

35

-—100

Gold

Sep

8c

295

43C

_

Apr

5%

16C

430

46c

1

class

6 20

25%

37%

1

River

Bertram

Jun

38%

22%

•

Canada-

15c
20c

4%

37%

lO'/aC

1

Yellowknife

3.90 Mav

38 %

_10

•

Exploration & Radium
Beatty Bros
Beaulieu

-

»

A

Bear

Bell

1

Montreal

14c

9c

2 94

Sales

Last

17c

9c

Week's

Friday
Sale Price

STOCKS—

13c 13 %c

1,500

100

Jan

Jan

7%

85c

1

•

Sep

May

Mining Stocks—

1

5c

Stocks—

Home

Auto

1

1,000

52c

__

Pacalta Oils Co Ltd

Atlas

•

6c

Aug

Oct

18%

Ltd

6c

14% Mar
22

21%

12% May

29%

*

Mines Ltd

1.20

Nov

10%

12

38c

Ashley Gold Mining

Sep

Oct

Jan

29%

-1

Jan

66%

101

56

Oct

4

_

4.80

Mar

6,000

14% July

Nov

24

117

100

Nov

200

1.10

50c

Oct

9%

•

Ltd

2.15

59%

6C

__

17

•

9,200

59
1.07

__

50c

Anglo-Huronian

14%

•

Feb

•

Mine*

Nov

52%

52%

6

United Distillers of Canada Ltd
United Securities Ltd
Westeel Products Ltd

3.55

1.35 Aug

Canadian Fund*

Jan

150

Rands Service Stores
Reliance Grain Co Ltd

Class B

1,200

Oct

9

100

A

Feb

1.70

Jun

Feb

Jan

731

Corp class A

22c

1.60

--

Canada Pr 6%
pfd_
Southmont Invest Co Ltd
I
United Amusement

1614

Jun

15

Mar

12%

•

Aug

Jan

7%c

19%

8

10%

4

7.40

13%

1.60

Preferred

Industries Ltd

3:55 May

400

4,500

Toronto Stock Exchange

25

12%

•

Jan
Nov

1

Oct

5

10%

18%

90c

16%

Feb

9c

Jun

20

12%

•

Mav

13

15%

2.40

1

Wright Hargreaves Mines Ltd-_
Oil

Sep

8c

Nov

8%

10%




6c

19%

27%

16%

For footnotes see
page 42.

6c

Jan

Nov

Nov

8%

16

_

Feb

6c

47%

113

27%

10%

Ltd

28c

18c
45c
14

9.50 May

—

44%

•

Mines

May

1.99 May
40c
Feb

lS^Jan

23%

•

_

10c

May

Jan

22%

78

_

634

80c

Nov

23%

265

Ltd-

15c

1

Omnitrans Exploration

3%

505

Cheskirk

Amulet

2%

24

Mines

12c

•

2%

13%

_

15c

1
Ltd

Ltd

Ltd..

75%

__

750

Vinray Malartle

Oil

13

Ltd

11%C 12 %c

1

Algoma Steel

Candego Gold Mines
Cartler-Malartic Gold Mines Ltd

ll%c

1

Gaspe Oil Ventures Ltd

9%

Southern

Feb

Oct

__1

_

-

Dalhousie

100

Ltd

_

Mining

Jun

Oct

May

pfd— 100

9%c

May
May

Sullivan cons Mines Ltd

Jan

8% May
25

May

•

Nov

4%C

7c

5

Ltd.

12

7%

Century Mining Corp Ltd

Mines

30

4

Mines

Gold

10

74

Centremaque Gold

Standard

100

20

Mines

Ltd

Ltd

25

42

Paul Service Stores Ltd

Feb

15c

_1

_

Mines

Mines 1944

10%

23%

Manitoba

Stadacona

25

13

Central

Soma-Duvernay Gold

10%

100

Orange Crush Ltd

Jan

92c

Jan

159

Ltd

Sep

16c

Aug

18c

1

_

Nov

1,205

common

56c

May

200

1

27

42 % May

41%

103

10

Feb

6c
19c

8,900

6.30

Ltd

Mines

Mines

14% May

Apr
Apr

19

I

25c

4,000

6.25

...

9,327

36%
36

100

•

4,000

22c

Feb

8 %

48

35

100

•

2.60 Aug

32c

14%

Silver Miller Mines

V*

Juty

12c 12 %c

22c

1

Mines

Siscoe Gold Mines Ltd

CO

2bu

30c

1

Ltd

26

23%

Anglo-Rouyn Mines

Mines

25

•

Gold

Santiago

Gold

15

5

Arno

Red Crest

Nov

12

Feb

12,000

Nov

19%

pfd

_

2,200

Ltd___l

Quebec Manganese—
Quebec Yellowknife Go'd Mines

Nov

Nov

•

common

Co

Ltd

21%

8

58

Export class A

__

16,500

1.05

1

Mining Co Ltd

11% May

10

Ltd

Mines

Cadallic Gold

Gold

21

32

14%

class

6 %c

Oct

Aug

4

preferred

Mines

Gold

Pandora
Pitt

4% Mar

6

Paper Co
Corporation Ltd
Mount Royal Hotel Co Ltd
Mount Royal Rice Mills Ltd

Alta

O'Brien

Jan

Jan

100

Minnesota & Ontario

Hotel

Oct

57%

Can

red

6c

1.35

1

Mines

12%

l

Corporations

Marlon Gold

Waite

Moore

Windsor

Jan

56

*

Quebec Pulp & Paper 7%

6%c

Feb
Feb

15%

July

7%

5%

com

Maritime Teleg & Tel common
McColl-Frontenac Oil 4% pfd

United

Jan

6

OIrss

Russell

15%

57

50

Enterprises

17,100

July

1

_

12%

1

Lowney Co Ltd (Walter M)
MacLaren Power & Paper

Nuclear

1,000

23c

Jan

72c

31c

__

Louvre Mines Ltd

95

10

Ltd

7c

20c

4 b5

5

___

676

•

Distilleries

7c

21c

Sep

VlHt

1

_

41%

0

Co Ltd

33c

l

39%

Prod

Milling

1.15

30c

1

Ltd

Consol ^Homestead

preferred

Maple Leaf

1.04

30c

14

28c

l

10%

Paper

R)

1,500

18%

99c

Mines Ltd

39

100

•

5'y

75c

175

99C

__

12%

Ltd

of

75c

__

25

Ltd

75c

1.08

1
_

_

41%

Co

Ltd

Ltd

Mclntyre-Porcupine Mines
Cons Dredging

Steeloy

32

42

Shops

Co

1,000

•

Ltd

Ltd

Sherrltt-Gordon

21

32

Co_

47

140

Apr

17%

Worsteds

Rubber

Paper

(H

3%

11

(Alfred) Inc

MacMillan

Apr

May

100

International Paints
conv

Nov

30c
49

20%

70c

3%

Nov

21

preferred

Foundation

Nov

I

Paper

Dauch

38

25

13

70c

155

2Vi Aug

135

60

Ltd

Corp Ltd

Insurance

Hendershot

Jan

15

60c

preferred

Lakes

Mines

Mines

Macdonald Mines Ltd

New

3%

4%

Companies

Melchers

40

Apr
Mar

20%

class

3.45

1

Ltd

Lmgslde GolQ Mine*
Louvicourt Goldfields

New

25

135

common

Limited

Sec

Mines

Nechi

135

common—

of Canada

3.35

—

Gold

Mining & Explor
Lake Shore Mines Ltd

Oct

26

50

8%

Candy

Jan

3.35

1

Labrador

Apr

83

149

3%

Feb

Feb

185

30%

3%

4%

36%

25%

•

pfd

l.bO

July

1

Ltd

Mines

30%

25

1

7%

Alip

12c

1

Gold Mines Ltd-

Feb

145

70c

Power

Nov

74c

1,000

Jan

30%

9

Products

25%

1,500

15c

1

Kerr Addison

2%

149

8

&

Jan

1.05

15c

1

Ltd

Mines

Lake

3%

30%

com—

Jack

1.75 May

25%

2

& Linoleum
Square Corp

23

1.03

...

Hollinger Consolidated Gold—
Hudson-Rand Gold Mines Ltd

1.75 May

*
•

Oilcloth

23

1.05

1

Feb

180

Limitee class A

Woollens

Jan

1

Joliet-Quebec

15%

180

•

Fleet Mfg <fe Aircraft

Lambert

15

38%

Jan

23%

2

Steel

Hinde &

38%

1

Works

Jan

39c

-

Gold

Lake

Goldvue

180

23%

•
4

Lithograph Mfg Co Ltd-

Engineering

c

May

Jan

100

Kootenay

Class

Goldora

Jun

Donnacona Paper Co Ltd

Halifax

Nov

Nov

109

B

Goodyear

7

113

687

100

David & Frere

Frawr

God's

110 111%

3S'%

Ltd

Ltd

Mines

Goldbeam

23% May

common

Mills

Nov

19c

•

Mines

Lake

Oct

63

67

100

Textile

10c

4,650'

Feb

Nov

111%

preferred

Red

2% May
May

8%
80

Nov

Crain Ltd
(R L)
Cub Aircraft Corp Ltd

6%

5

43

137/s

Consolidated

6%

3

85

preferred

Consolidated

Inv

5

78

6%

19%

consolidated Paper Corp Ltd

Great

5
77

6%

49

Ltd

Preferred

Foreign

Jan

Found

125

Common

6%

5

Feb

25

8,000

Mines Ltd

Gold

Fontana

50

common

Claude Neon General Adv

Sol

Feb

49

Company

Commercial Alcohols Ltd

El

Oct

i

High
60c

11c

Formaque Gold Mines Ltd

6%

Lov

14%C Oct

Jun

50

•

preferred

Fanny

3.00

Gold

15

390

Canadian Western Lumber Co
Canadian Westinghouse Co

Dominion

Oct

17

*

Vickers Ltd

Dominion

1.00

12% Mar

27

100

preferred

Fairchild

15

Apr

*

Canadian

East

5,300

19%

Power & Paper Inv com
Silk Products class A

Eastern

1.15

14%

Oct

100

Canadian

[Dominion

Apr

1.05

56;920

25c

Mines

Eidona

14%

24c

22c

10c

1
_

Elder Mines Ltd

19%

Ltd

Co

Sullivan

Feb

168%

Feb

108

A

Trust

hImsi

Nov

150

5

21c

Banff* Since January

High

20 %c

Ltd

160

4

173

Low

10c

1

Ltd

Mines

177

150

173

7%

19%

common

Invest

Limited

Mines

Nov

150

15 %

*

class

preferred
Canadian Ingersol Rand
Inter

Dome

Donalda

Jun

•

7%

Dominion

Nov

100

Canada Northern Power 7%

Shares

20 %c

Mining Co Ltd

5

22

1

Preferred

Class

103

865

B—*

Canada & Dominion Sugar
Canada Malting Co Ltd

5%

6%

518

Packers

Chatco-Steel

6%

16%

common

7%

Cournor

11 % Mar

23%

Pulp & Paper com—•

Cassidy's

i

13

16

Columbia

7%

Aug

23

Company

for Week

High

Jan

8

9%

16

Columbia

Canadian

2,225

23

Brown

Canadian

50

12%

•

British

Canadian

9%

12%

5

Ltd

Co

British

Canada

Lout

9%

12%

Bang* Sinoe January

High

Duvay Gold Mines Ltd

Power &

&

Low

Ltd.

Limited.

Belding-Corticelli
Belding-Corticelli

Sharaa

Consol Central Cadillac Gold Mines—1
Cortez Exploration* Ltd
1

far Week

of Prices

Sal* Prleo
Par

Sales

Ranf*

Sales

Range
of Prices

Par

Friday

Week'#

Last

Sale Price

•TOURS—

Canadian Fonda

51c

50c

51c

16,600

50c

Nov

I

22c

22c 22 %c

18,200

16c

Mar

1.35
31c

Feb

Aug

Volume 166

Number 4651

THE

COMMERCIAL & FINANCIAL CHRONICLE

CANADIAN
RANGE FOR

Friday

Week's

Hoojo

Mines

Bonetal

Ltd

__

15c

1

27c

Gold
—

Boycoh

Low

__1

-

Pershing

6c

Red

com__*

American

Electric

Columbia

Forest

Columbia

pfd

class

A_

Power

class

A

B

*

Oil.

21V4

Oct

130

97%

Nov

103%

Sep

3Va May

4Va

Feb

27

Jan

13%-Oct
5%

13,286
10

1.10

22,800

2.74

1,500

23c

8,800

Nov

July

14c

Nov

99

Oct

2V\

Nov

30c

100

common

14

Mar

10 »/2

100

1.80

2,800

Denison Nickel Mines

1

8c

9c

9,100

8c

July

26c

Feb

Detta

1

54c

60c

15,000

36c

May

85c

Feb

75c

Sep

Red

Lake

Dickenson

Lake Mines
Rea

1

Diversified

Dome

Ltd

1,500

30c

May

1.10

9,550

87c

May

65c

72c

25,300

44c

Aug

2

Mining—

Mines

Dominion

60c

1.07

1

Distillers Seagrams common

55c

1

Lake

Discovery Yellowknife

20'/«

21

5,415

1.14

22,000

•

1.03

BOc

2.50

Apr
Nov

1.55

4.75

50c

Feb

70c

Aug

930

18

Jan

25 Va

Sep

240

25

Apr

29%

Jan

18 %

18%

9%

9%

8

Sep

11

Feb

28

28

Nov

33

Apr

29%

29%

27

May

& Steel

8

Invest

23

3%

3%

3

44

40

Aug

-50

Dominion

Steel

Dominion

Stores

Dom

Tar &

Coal

&

class

Feb
Feb

4%

Feb

18

19

2,980

12% May

19

Nov

|

27

335

20

May

277/a

Nov

i

26

145

24

Jun

22

22%

255

22

Nov

30% July
26% May

25%

25%

25

25%

Nov

30

July

12%

127/a

200

11

May

15

Feb

!
I
j

1.03

1.09

28,500

64c

May

Jan

1

19c 24 %c

56,200
24,000

17c

May

83c

60c

Oct

11c

July

30

22

July

30

Nov

12

May

19 Va

Nov

8%

8

9

Sep

Dulama

13c

12c

Aug

33c

Feb

76c

29 V8

29

July

32

13c

Jan

Duquesne Mining Co
Duvay Gold Mines

15c

22,800

13%

12%

East

33c

40c

5,000

6c

6%c

6,000

5c

Jan

22c

23c

1,500

22c

Nov

2.65

7 %

1.70

Oct

Jan

6,000

5%c Sep

38c

1,700

24c

3.30

4,900

5

100

5

100

65

100

c

18%

16% May
2. <U

July

ctfs

Woollens

Ponalda Mines

East

Crest

Mines

17%c
73c

July

Jan

3.50

Feb

East

6%

Jun

Eastern

-

Oil
-

Feb

Jan

Ltd

Mines

East Leduc

Nov

2.30

trust

Amphl

Nov

105

East

Malartic

Mines

1.90

Investment

31% July

Jan

10

50

250

48%

Nov

62

Feb

12%

13%

1,885

8%

Jun

13%

Nov

38%

100

36 Va July

40

Jan

Equitable

17

205

16

Sep

18

Apr

Eureka

200

200

5

188

Mar

200

12%

Sep

17

Feb

41%

40

Oct

49 % Mar

24%

24%

24%

Nov

25

Oct

24%

B_

24 %

Famous Players
Fanny Farmer Candy Shops
Federal Grain preferred

19

Apr

25.;

Nov

Federal

10

8%

7%! Aug

23%

22 Va

Sep

26% May

740

20

Jun

26

A

Gold

26%

260

25

Sep

29%

Jan

21

515

20

Oct

26

Jan

13%

May

11 %

23%

Nov

Ford

of

Machine

industry

class

Alconol

A
com

Locomotive

May

15

Feb

Freiman

Sep

19 Va

Feb

Prooisher

May

67%

Feb

Gatineau

3714

37

Nov

43

Feb

5%

25

18

May

30

Feb

5%%

May

15%

Jan

47

1

15

Canadian Malartic

47

10

15

170

15%

16

2,335

28%

16

Jan

19

Oct

40

Sep

21

Jan

1.36 Feb

92,500

28c

May

35c

15,400

20c

Apr

20

20

16

12

10

12

4.15

5,626

4.60

1,750

18

18%

250

16

Sep
Aug

19% Feb

50

51

175

48

Oct

67

Jan

10

95

Oct

134

May

100 % 100 %

6%c

2.60 Aug
60c

Sep

% Oct

25%

Jan

Oct

14 %

Jan

1.96 July
3.90

4.70 Oct

5.50 Feb

11c

Feb

May
Aug

5

Feb

4

_

May

2

3,000-

5c

2

common

class

28%

40

J1

Apr

5

Apr

Prod

General

47

Nov

52

Oct

Giant
Gillies

Glenora

85c

preferred

Mfg

Yellowknife

Oct

92

2.55

825

20

4 Va

General Steel Wares

Sep

10

I

81/4 Nov

__

Feb

Nov

100

May

2.05 May

3.25

Jan

20

Aug

Apr

111V2 May

Nov

109%

Apr

111%

Sep

3%

Jun

5

%

Jan

July

101%

Nov

14% Aug

101% 101%

18j/4

Feb

100

17

6.20

Mines-

Nov

38c

109

4'/«

16%

common.

Gold

4

Nov

25

56%

16%

109 109 %

Bakeries

17%

92

110% 110%

General

37%

Jan

May

20

preferred

Feb

Nov

19%
12c

47% May

2.50

preferred

Jan

Aug

700

5,000
10

common

20

% Mav

23
16c

56%

92

Exploration

100

15

22 %

preferred

Nov

11

A

13c

Jun

22%

—

56%

Power

6.60

6,434

5.40 May

7.15 Mar

Jan

15%

Lake

98c

6,275

•

14%

15

495

preferred

100

98%

98%

preferred

10

98%

Nov

100

106

97

70

97

Nov

99

May

10c

July

23c

Sep

11,000

3c

July

9c

Feb

48c

57c

22,400

42c

71c

Aug

97c

1.07

25,950

57c

Jan

17c

17c

2,200

16c

July

22c

Feb

17 %c 18 %c

Oil

Lake

29,300

c

2,500

11c

July

32c

Aug
Jan

3 %c

3 %

Sep

Feb

97

17c 18 %c

Gold

Globe

*

Feb

4.75

4.50

Gold

(A

16

1

9

2.45

11% Jan

1.19

.

Cos

10

A—*

Nov

Aug

6c

16

Ice

19

Nickel

91
A

Jan

July

23c

3.95

Canada

Francoeur

55

Preferred

class

57c

12 %c

12

Fleet Mfg & Aircraft
Fleury-Bissell common

16%

common

Securities

28 %c Sep

60c

Ins

Products

61%

A

Gen

Jan

17,500

Kirkland

25

Dredge

29c

105

80c

1.02

Mines

Corp

37

Canadian Food Products

74c

Life

60

common

a

Bldona Gold Mines

16

Celanese

Preferred

class

Mines

Fraser

Canadian Car common

371/2 July

.Jun

1.58

Jan

13

preferred

21

2,711

21

25%

!

2.185

24

20%

_

23%

23 %

20%

preferred

Paper

Elder

Fibre

Brewerle*

Canadian Canners common

50

39

19%

90c

Mar

Eady

Jan

Falconbrldge

8%

Commerce

8% May

1.62

Sep

14%

41%

pref

2.70 May

460

English Electric class A.

14

of

Nov

7%

38%

Lines

Bank

28

1,140

17

Varnish

23%

135

8%

El Sol

12%

A

1.50 May

4,550

19

16% May

28%

48%
Power

11,200

3.50

10%

39

—

100

28

8%

class

2.05

10

Steel

Economic

26'/ac Mar

3.35

Sullivan Mines

Apr
Jan

Canadian

Oil

Canadian

Cos

common

Tire

Railway
Corp

13

Wallpaper

Canadian

Wirebound

class

A

class

6c

6c

5,000

47/8c July

23c

1

Golden

Manltou

16c

18c

4,600

13c

Aug

50c

Jan

2.00

2.10

2,700

Oct

3.30

Jan

Mines

Nov

23

Nov

26%

Apr

2.00 May
1.10 May

3.05

Nov

1.45 Mar

Goodfish Mining

1.23

2.20

Jan

Goodyear

50c

Nov

30c

Sep

Gordon Mackay class A
Class B

9

1,100

154,850

13c

11,000

15c

8%

9

270

8%

9%

200

7

Oct

Goldhawk

Porcupine

49c

3,100

30c

8%c

9c

3.900

8%c

3.00

3.05

700

33c 37 %c

July
Aug
Nov

Sep

11%

Jan

May

79%c

Jan

Sep

33c

Jan

Grafton

Co

&

2.60 May

4.30

Class

class

A

2.20

38,500

4VsC

Nov

14%c

Feb

Great West

2.71

4,000

2.10 May

3.45

7c

11%

65

31c

3,000

7c

9c

34,500

6%

110
909

Consolidated

Beattie

Mines

2

Consolidated

Central

Cadillac

11

30c

Sep
May

7c

Nov

6

Oct

1.10 May

18

18

16%

Oct

95c

31,500

65c

Jan

24c

2,500

18c

Oct

11 %c

14c

3,500

11 %c

Nov

93

95%

1,444

11%

11%

100

100

154

155

142

•

22c

•
—

Gas

Cpnwest

Exploration
Corrugated Paper Box

common

Mills

Mines

5
9

)

94%

,

75

Gold

page 42.




52 %

165

52

10%

107/b

125

24

40

20

20

37/ec

Nov

July
Oct

46c
11c
113

55%

Sep
Feb

Jan

Jan

10%

Oct

12

24

Nov

29% Mar

19 % May

21%

Sep

Feb

14c

1,000

10 %c May

19

19%

3,455

13 % May

19% Nov

44%

45

538

44

Sep

47%

10%

10%

10

Nov

11

Oct

6 Va May

10

Jun

Feb
Feb

1.31

1.60

27,480

9

22

22

250

9

26

26

common

Guayana
Gypsum. Lime & Alabastine

35c

Jan

7%

Jan

Hamilton

10

147

Oct

17c

July
Jun

21

1,20

Feb

Harding
Harker

Carpets

20c

3,100

Nov

8% May
4

93c

1.00

500

90c

15%

15%

320

13

5%c

500

4c

5,000

7%

161

34c

37c

Jun

Nov

May

4%c Jun

10% May
13

Sep

-5% Mar
1.00 Nov

16%

Jan

10c

2c

May

Jan

6

May

33c

Oct

11%

9% May

14c

9%c May

4%c Mar

9% Feb
65c

Jan

12

Apr

18c

Apr

21 %c Feb

7%c

10c

7,000

7c

1.00

1.03

3,148

75c

Aug

8c

9c

2,000

7c

May

15c

Feb

13c 16 %c

13

27,100

9c

Oct

35c

Feb

May

Apr
Jan

Hedley

1.90

Nov

Hendershot

24% Mar

Preferred

45

12c

43c

1.50

Jan

Mascot

Heva Gold

com

Mines

Highland-Bell
Highridge Mining
Highwood Sarcee
Hinde &

Aug

1.40

Feb

Jan

Dauch

4,300

14%

120

10

Aug

15

97

10

97

Mar

99

Sep

35,150

24c

July

97c

Feb

27c 30 %c

.

-

1.08

14%
97

Jan

Feb

95c

1.45

1.02

Paper

Jan

Mar

•

Gold

174%

May
39% May

July

Mines

Headway Red Lake

55c

16c

Gold

Hasaga Gold

Oct

24c
69r

5

14c

Nov

30%

125

12%

4%

10%

Gold

Aug

Nov

1,100

Mines.

34c

26

6.375

12%

7%

Gold

97%

Jan

%c

9

7%

Feb

Oct

99c

8

3c

Bridge

Rock

Nov

61c

16%

42%

6 %

Jan

82c

99c

%

7%

5%c

Halliwell Gold

1.56

6

9

Saddlery

9
9

common

Wire

Harricana
78% May
11% Nov

42%

Coal

15

51c

Heath

30c 32

croinpr Pershing Mines—

Jan

Hard

90c

1

Oil

95

24

*

Halcrow Swayze

1.23

92c

61c

Greening

6%

A_

May

35

Feb

1.20

Smelting

17c

4,000

A

Preferred

5%c

Apr

*

ik

14,400

4c

103

14c

Felt

Jan

•

see

West

Aug

75c

Bakeries

Patricia

Great

21c

Coniaurum Mines

class

33c

37/bC

107/a

.

Coal

390

Consolidated

Mining

West

14,000

1

Homestead

30 %c

Jan

1.25

11%

Press

Jan

Sep

100

Paper common
preferred

2.60

Gold..

Consolidated

74c
20c

Great Lakes

4%c

.

Consolidated

Aug
May

33c

Great

1

8c
7c

Tire common

Grandoro Mines
45c

Yellowknife

12,000
21,500

3 %c

Mines

15c
14c

Mines

Goldvue

12c
10c

52 %

Goldora

Preferred

.

2.00

NoV

3.00

21c

9c

1.98 Mar

1

Mines

19%

*

Willans

For footnotes

Arrow

23%

30c

Nest

Mines

Golden

60

50c

__

Imperial

Eagle

1

55

8%

Wines

National

Orowshore

May

Gold

25

17c

Lake

Crestaurum

Oct

36c

Cockshutt Plow

Cosmos.

Goldcrest

20

1.00

Consumers

105

1,733

25

Malartic

Consolidated

May

101

11,850

Chromium

Cochenour

Feb

Gold

Mines

Nov

1.30

Chimo Gold Mines

Colomac

5

15%
29

1.65

Research

Cltralam

Goldale

Sep

-1

Chestervllle Mines

God's

Feb

11% May

-1

Steel

Mines

Nov

26%

1.51

Porcupine
Centremaque Gold

Conduits

20

1.25

Central

Chemical

2,268

102

2.94

Central Patricia Gold Mines.

Cheskirk

1.25

18%

25

Castie-Trethewey

Chateau-Gai

Sep

19%

A—

Cariboo Gold

Chatco

13%

28%

102

100

13

28 %

Utilities preferred

Canadian

13

Gold

Pacific

Canadian

Canadian

60 %c May

i

Jan

25 %

B

com

-23.50

Gold

45

26%

Chemical

19%

Nov

Jan

9%
27%

Jun

Dominion

33%

Oct
Jun

67/8
22

11

Apr

19% Nov

Jun

43

common.. —1

8

23

Preferred

Feb

13% May

12%

12%

Nov

23

27%

Magnesium

Voting

1.40

221/2

common

Dominion Foundry

Jan

Feb

Feb

27%

preferred

Preferred

32 Va

Jan

Nov

-*

Jan

20c

May

21

28

Coal

Dairies

Dominion Scottish
Feb

29%

14

1.70

98c

Feb

10

—

Bank

Dominion

48 %c

2.44

1.60 May

May

18%

Stone

Wire & Cable class
Canadian Bakeries —;

Crow's

Oct

10

1.72

Dominion Malting common

Aug
May

5

Canada

Coin

10

Jun

1

Jun

Aug

100

Preferred

4'/

Mar

*

Nov

27c

3.10

Canada Pennenant Mortgage

5'/r

31

8c

28

7c

B

miantun

Oct

Jan

20

34c

Packers

Canadian

27c

26

30

2.52

Lake...

Northern

Canadian

Jan

35

29%

preferred

Flon

Canada

Canadian

3,000

271/4

13%

Canada

Canadian

13c

27

Preferred
2

Oct

12c

*

A

B

Dominion

29%

1

High
30c

*

class

Dominion

Oct

25%

Aug

13c

Malting

Canadian

LOW
9c

29%

A

1st

Red

S

442,800

8

Crushed

Class

Apr

1,410

24

27c

Range Since January

High

22c

Mines

Dexter Red
Nov

Feb

6

Petroleum

Low
24c

18%

Cement

Class

19%

May
Jan

14,300

1

29%

preferred

Conv

29

17

13%

21c

Preferred

1st

Nov

32c

95c

Oils

w«u«,uian

26%

D'Aragon Mines

Apr

24

2.55

Canada Bread common

Canadian

14%

Feb

35c

*
1

Mines

A

Flin

Canada

Jan

Shares

12

Linen

S

11

Nov

24

preferred

Canada

Jan

15%

33c

Calgary <fe Edmonton

Campbell

3%

7%c

98

4%

Oct

100

105

Calder-Bousquet

Class

23%

1.00

2,500

19,700

1

class

Co

class

Canada

4,760

u

8%c

5c

10

•

B

Canada

20%

340

Burlington Steel

Canada

19%

6

Building Products

4%''

300

10o

Mills

Suffalo Red Lake
uffalo Ankerite

Calmont

Class

Delnite

•

9

Callinan

Jan

10

13%

1

Silk

2nd

17c

13 Va Mar

100

Buuadisun lioia

Caldwell

Aug
May

145

3%

Bruck

&

Davis, Leather

13

97 %

Broulan Porcupine

Class

Da vies

Feb

*

Dominion

Burrard

feo

44c

26%

22%

*

British'Rubber preferred

Burns

Jut

Nov

1,010

•

Packers

Columbia

British

Jan

26c

b, 100

100

B

Class

14c

4,000

1.10

JLo

-*

Columbia

British

3,200

11%

8%c

-1

Oil

Hrnicsn

Class

20

-5
:

British

British

Oct

7%c

(or Week

ef Prices

Par

16%

13

Lake

High

Oct

6c

Bales

Range

Sale Price

STOCKS—

10

26%

Preferred

British

15c '15 Vac
27c
29c

20

1,05

Brand & Millen class A
Brantford Cordage common

Brewis

Low

12

Week's

Friday
Last

Range Slnee January 1

High

12

11 Va

Bralorrie Mines Ltd

Brazilian Traction Light & Pwr
Brewer& Distillers
*

3K

for Week
Shares

39

MARKETS

NOVEMRER

.

Range
of Prices

Par

Blue Ribbon Corp common..

ENDING

Sales

Last

Sale Price

STOCKS—

LISTED

WEEK

(2243)

Oct

Mar

60c

62c

2,000

46c

Aug

89c

7%c

8%c

2,000

7c

Nov

18c

Jan

9%c

10c

1,500

7c

Nov

18c

July

19

19%

120

Oct

23%

17

Feb

s

40

(2244)

THE

COMMERCIAL

&

LISTED

CANADIAN
RANGE

Friday

Week's

Range

Home

5
m

Oil

Homer

Yellowknife

Hosco

Gold

Howard

Mines

Smith

Howey Gold
Hudson

Hugh

_

Huron

Shares

_1
*
_

1

—

A

....

—

4.40

4.25

4.45

8,010

8 %c

8c

9c

4,500

6%c Aug

15c

47,900

24 %c Aug

65c

Nov

45c

44c
49

49

50

30c

30c

32c

3,300

44%

43

44 %

722

3%c

4c

1,500

3 %c
•

11%

51c

common...

__

___

11%

115

Bank
Oil

100

110

110

47

21

21%

26

10

26%

14%
14

Preferred

26 %

2.75

Jan

Nov

49

13'/a

Nov
4.80 July

Marlon

New

Gold

Int'l

Metal

class

International

International

Nickel

International

115

Oct

22

Mar

Normetal

Jason

15% July

Norseman

15% Mar

Northern Canada Mines

6%

Nov

8% Mar

Nov

8c

8c

3,500

6%

Aug

24

Feb

9

70

8

Sep

10%

Joliet

Apr

Ltd

11

38%

North

Alines

Inca

Kenville

26

Mar

33%

101

Nov

103%

33

34

3,570

32

Oct

37%

162

162

5

127a

13%

515

55c

68c

29,800

7c

7 %c

7,500

139% July

12%
35c

Sep
July

162

16%

16c

19c

12c

45c

90c
15c

59,920

14c

July

55c

11,000

5c

Nov

43c

4,500

33c

July

60c

8,966

33c

May

95c

11c

2,500

12c

24c

24

31

Lake

21c

May

55c

Shore

Sep

QOc

Aug

50c

15%

45c

16%

18,700

'

19%C 22 %c

5,045
21,450

1.94

2.00

16,320

22c

23c

7,000

24%

24%

205

6.00

6.85

584,580

7c

8c

326,500

4%c

5c

14,500

16c

17c

5,500

14%

15

2,718

Mines-

25c

12% Mar

46c

Laura

"U"

Jan

2.30
32c

Secord

Leduc-West

23

Jtfiy

3.40 May

Macfie

Jan

1.25

7/20

410

5.70

Feb

7.75

MacMillan
Class

81c

20 %

68

19

Sep

22

7c

7c

500

6c

Oct

13c

1.08

43,600

81c

July

2.26

Jan

73c

88c

67,600

45c

May

1.05

Nov

7c

Petroleum

Hershey

Magnet

18,000

19c

Nov

50c

Tubes.

6%c

17%

120

3%c

3 %c

4,000

48c

49c

8,000

39c

8c

12,500

Gold

7

9c

1

5 %c

Maiartic

Maple

&

Leaf

Milling

Gold

•

common

McBrine
McCabe

20

iLi

preferred

*

class

Grain

70c

18,400

63c

6,800

Sep

1.16

McColl-Frontenac

Mclntyre

Porcupine

McKenzie
McLellan

Red

com

Premier

Mines

Jun

Trust

McMarmac

Lake

Preston

Purdy

East Dome

1.45

Mid-Continent
Midland

Milton

&

Renfrew

1.32 Mar

Jun

33%

.••Mining Corp

Jun

31%

Jan

1.58

1.75

15,000

25c

1,000

16c
9c

7.005

2.20

1.35 Aug

May
July

3.05 May

2.45

19,250

14c

16c

23,500

1.65

1.80

8,600

9%

10

456

9 %

5%

7

7%

26,865

3.25

3.60

13,815

30c

36c

5,500

2.01

2.15

14,150

2 %c

2 %c

1,000

14

14-%

920

2.15

11c

Nov

Aug

1.30 May

Sep
Sep

2.80 May

30c

May

1.50 May
2c

Oct

11 % May

6c

2,000

42c

14,418

9c

9c

1,500

8%c Nov

14% May

Feb

;

Moneta

i'.t *.#
•

3.60

Riverside

Feb

39c

Silk

■(
j

(

4%

Long Lac
Mylamaque Mines

28c

National

Breweries

Drug

preferred

National Grocers

common

Preferred

17%

1,060

27

27 %

620

18

4%c Aug
34c

18%

75

934

200

4.20 Mar
4.85

39c
2.25

Hosiery

class

A

Negus Mines

1

For footnotes see page 42.




14c

147,300

2.53

2.65

4,395

4.10

7c

1.31
20

Feb

May
Feb

17C

July

2.30 May

3.30 Feb

3.25 May

2,550

Jan

29c

Nov

May

4.40

May

3,000

16c

Nov

45c

Jun

113,900

27c

May

55c

Sep

43

42 "2

44%

Nov

89c

1,530
800

14

45

61

13%

44

89c

13%

__

61

5

13(4

14

160

86c

33%

Jan

1.67 May

May

75c
11

Jun

49%

Jan

15

Nov

66

9'% May

Oct

14% Nov

2.25

2.18

2.25

5,850

8c

8%c

1,500

11%

12

105

11% Aug

51

51

52

145

51

Nov

55c

55c

500

50c

Jun

1.15

Feb

7,600

60c

July

1.20

Jan

2,858

64c

May

1.20 Aug

2,105

13 % May

21 %

Jan

10c

Nov

80c

Feb

8

Nov

10

Feb
Nov

1.32 May
7c

Nov

2.50

Jan

20c

Sep

14 % May

82c

82c

1.01

1.00

15 %

90c

55

Jan

A

11c

15

51,200

8%

200

12%c

5 %c

17,200

7c

Jan

16c

17c

23c

5,600

17c

Nov

47c

33

33

50

31

Nov

38

18'%

15 %c

14c

8

0

10c

1

class

A

*
0

Nov

12%

13

1,980

50

17%

Aug

22% Mar

12'%

130

3,000

1

28c

28 c

32c

55,830

•

50c

42c

70c

48,800

24%

24%

595

22%

Apr

25

Jan

16%

17 %

130

12%

Nov

21

10

Jun

7%
4.00

Merger
Oils

Gold

Mines

Co

Royal Bank

56c

Sep

Roybar Chibougamau
"Rupununi Mines
Russell

Nov

Industries

Class

A

14

May

12c

Feb

25c.

Nov

58c

Feb

30c

Aug

St Lawrence

5 %c

Feb

San

18c

21%

Jan

1.03

13c

7,000

10c

Nov

45c

Jun

25c

30c

11,000

25c

Oct

38c

14%

common.

10c

28c

14

11%

Apr

15

Sep
July

9%

Jan

19

Nov

500

6

Antonio

Gold

River

17

17

100

50

Paper preferred

48

48

100

100

133

136

90

Gold—

Mines

Ltd

1

4.50

4.45

50%

32% May
117

2,400

Apr

Oct
Oct

140

5.10

3.25 May

Nov

Nov

Sannorm

10%c July
1.15

5c

12 %c

preferred

Nov

12 %c

Sarnia

Bridge

Apr

Scarfe

Ltd

class

A.

.

Shawinigan Water'& Power-

Feb

July

11

3,500
4,500

.

—

6c

Aug

16c

May

30c

Oct

400

11

May

14%

Nov

16

Sep

16

16

150

66c

72c

25,200

20c

Aug

16%

Oct

"

Senator

32

14c

21c

14%

Feb

20

12 %c
20c

Mines

Jan

Oct

Rouyn Ltcf

66c

31c

85c

May

Nov

Jan

Jan

(1945)

Mines

Nov

13

Nov

54

Jan

68%

Nov

Sheep Creek Gold
Bherrltt-Goraon Gold

94c

Feb

Sicks'

c

3%c

3 %c

4,500

2c

31c

35c

5,530

30c

15c 17 %c

11,500

47 %c May

May

21%

4%c

Feb

May

62c

Feb

20c

Feb

Apr

Nov

Voting

1.15

19C

975

21%

Aug

25%

455

48

Nov

50

Sep

14c

Nov

43c

Jan

4,000

Ltd

16%

Oct

Sliver

23%

2%

8,200

1.75

Oct

3%

Jan

400

2.99

3.10

16,775

2.06

Jan

5.35

15%

16%

660

12%

Apr

16%

144

14%

15%

1,100

May

15%.

8.80

8.80

9.00

265

97c

1.05

64,110

15

(Quebec)

common

4

Silverwood

1.19

3.00
15 %

15

15

5

38%

38%

5

55c

493,900

60c
Mines

common

trust ctfs

Mines

Sep

5%c Apr

14c

22

1.03

Silknit

16

48

14c

Silanco

19

Breweries

Sigma

ll%c May

21 %

48 %

Preferred

12%

905

6,300

2%

Jan

May

11

Nov

July

2.60

15

--

Royalite Oil

Nov

62

635

12'/a

10

Feb

Jan

9

68c

17

Feb

Mar

Feb

17%

60

16%

--

8c

153/4

--

1.00 May

12

1.65

8.75 Aug
97c

.

Nov

12%

10%

Apr

38

Jan

Feb
Nov;

<

Feb

1.05

NOV:

19%, Feb.V',

July

14 %c Jun
Miller Mines
B

54c

class

Dairies

A.

46c

12%

—1

1,246

11%

--

24 %c

373

,59.%' :.N0V/ !{t:,

Sep

11% May
6 %

13%,July,

3

Oct

12

Jan
■

8.40

—

8.55

500

7.90 May

16%

17

80

15% May

-46c

16:%

46c

600

43c

17.

17

465

15

Oct

Sep

10.50

Jan

18

Jan

17
74
—,

Simpson's Ltd class A
Class

27

Siscoe

Gold

50c

47c

50c

77

Nov

Sladen

Maiartic Mines

43c

43c

49c

14,500

1.37

74

76

442

65

May

26

325

25%

Oct

100

14c

15c

5,100

12c

Nov

25c

Jan

29c

10,100

15c

May

37c

Jan

12

5

46

50

12 3s

340

15%

28%

:•

16

635

27%

28%

110

11

9%
♦

11

10%.

270
185

22
2.18

101 %

27% Aug

46

46

11%
15

27%

23

105

2.18

2.27

3,450

10

8%
22

24%

9,490

'26c

*

22%

Feb

14c

-4

22'%

270

Feb

28c

—

27 %

227/«

B

26 7%

72c

25%

Nov

48

Oct

14

Nov

19%

Nov

30

May

j

I

22%

1

_1

10c

7'/»c Aug

8c

Roxana

Jan

27

60c

Class B
National Steel Car

14

11%

101 102 %

470

Jun

19% May

45

101

Nov

32%

Jan

29

Jan

106 % Mar

43c
.

Nov

68c

36c

Aug

68c

Apf
N0V%>

'1

Springer Sturgeon
Stadacona

(1944)

Preferred

1.49

3,700

91c

May

70c

72c

2,083

50c

May

73%

8%

310

7

May

97

100

95

96

Nov

•

6

6%

"

Mines

20

20

65

19

Apr

23

0

5

5

100

5

Nov

8

__—

7%

—

100

85c^ 5b^ z'5

1

?9% JFebim

JOS,

Apiy-f

Apr
Jan
Mar

Standard

Paving

com

Preferred

Standard Radio class A
National

29,800

8c

25

20

Nov

1

8,000

*

59c

18c

(1936)

Standard :Chemical com
common

July

Roche Long Lac

Jan

1
1

42c

0

16

•

16,030

54c

^

7%c

25

Mosher

National

class

Preferred

Corp common
preferred

50c

Jan

Robinson Cotton

7c

1

Jan

46c

86c

1

B

16

*

5%c

Jan

>

Moore
•

Porcupine

•

Montreal Locomotive

Aug

18c

73c

Gold

16

*

2c

_•

Gold

RIchmac

'

17

9%

•

Knitting

1.000

Jan

26%

2.40

Class

^-.•-•Monareh

2 %c

1

Textiles

7%c

•

2%c

Jan

10

Gold

•

Brick

12c

1

Quemont Mining

*

Grain

23 %c

Nov

9c

1

Preferred

Oil

Pacific

Nov

Aug

5%c

800

_1

common

Preferred

Regcourt

28

3.30

—

2.20

1.18 May

1,500
4.500

Jan

160

3.05

15c

Mills

13,505

6c

44c

1

Mines

Sep

355

31 %c

McWatters Gold

Mercury

Jan

40

Mica

Nov

1.45 May

60

Gold.

10c

12 %c

1

28c

29 %

7,600

3 %

Red

1.82

9c

500

100

34c

31

60c

Lake

Gold

1.73

4.05

Metals

Nov

1.75

10c

12 %

Feb

33%

5%c

15

1

Shawkey

new

Jun

1.21 July

27% July

18c

«

Sep
May

1.65

9c

__

65c

95c

__

Manitou

65c

27

Nov
Jan

49 %c

Rouyn Gold

Quebec

10c

—

460

15c

8c

•

Sep

18%

13

A

32%

5%c May
84c

16c

i___

55c

1,000

17

1,700

2.53

Gold

37c

Preferred

2,500

15

Gold—

Quebec

4,200

9c

15,500

95c

__

1

Feb

May

5%c

Martin-McNeely

7c
9c
87c

Feb

23

Feb

2,500

14

17c

Porcupine

4%c

13c

Gold

Massey-Harris

1
*

21%

25c

__

48c

Gas

16% Aug

1.31

Alines

Marcus

1

St Lawrence Corp common

Eastern

__

1

&

2%c May

20c

32c

Gold.

1.76

1

Corp

Sand

Maralgo

J.

Gold

Oil

Jan

1.27

3.35

Mines.

4

•

Mines

Maiartic

17c

4c

10

Maiartic Gold Fields

Manitoba

32 3

Power

Jan

2.07

Consolidated

Lake

7c
8c

85c

(Eastern)

Powell

Jan

22c

7%

Red

25 %c July

May

May

19c

1.65

B

May

97c

Rouyn

Maasen

7c
13

Jv

3.15

Export class A

2,200

2

Apr
Jan

78c

Powell River

Nov

15c

c

12c 13
14

Pickle Crow Gold Mines.

Jan

2.40

19c

1.07

Piccadilly

Jan

10c

Mines.

Oct

1

Mines

Mines

Nov

25c

Gold

6c

1

Lake

16%

13%

*

Red Lake

18,600

Feb

Reef

29

MacLeod-Cockshutt

11c

Peninsular

30 %

Mines

7c

Feb

Porcupine

4.50

B

Macassa

7%c

Nov

70c

Pioneer

13c

MacDonald Mines

3.35 July

2.90

Nov

Porcupine

Sep

1.63

1.77

Jan

1.80 May

17c

Jan

1.30

,1^

Jun

40c

15.800

Jan

Sep

Mines—

46c

4,100

20c

15c

20c

Gold

3,323

73c

18c

Queenston Gold Mines

Yellowknife Gold

10,490

76c

70c

19c

33c

48c

Louvicourt Goldfields

2.50

73c

l

Lake

Apr

2.80

c

2.40

70c

18 %c

Red

Class

Lynx

Feb

6% Aug

Sep

4c

25

Gold

Lunward

Jan

6

Sep

9c

Reno

Class

10c

Jun

5'%

945

Pen-Rey Gold Mines

Feb

3.900

1.65

Aug

3%

60

2,200

12%c Oct

17

Little Long Lac Gold Mines Ltd.
Lohlaw Groceterias class A.___.

5c

930

6

14

Perron

7.50 Aug

61c

87c

65 %

5,000

4%

15c

Oct

3%c

Lingman Lake Gold Mines

6c

4%

75e

l

Paymaster Con3 Mines

26% Mar

3.30

Candy.

Lencourt Gold
Lexindin

Apr

13'%

5c

6 %c

Oil

Jun

48c

10 %c

Petrol

7c

-Leitch Gold Mines, Ltd

85c

Jan

2.40

Paramaque

Oct

19c

Lebel Oro Mines

Nov

24c

6

Pamour Porcupine Mines Ltd

Nov

Apr

1.33
10c

83c

19%

Mines—

53c

17,300

10%c

Purity Flour Mills
Larder

2,432

42c

Jan

May

7.15

_

55c

38c

*

Parbec

17% Nov

14c

3.30

_

Feb

53 c

1

Partener

83c

Lang & Sons
Lapa Cadillac
Lapaska Mines

16c

Mar

3.30

Gold

May

Gold

Pressed

Lamaque

Feb

7c

Crush

Page

Nov

42c

Oct

Jan

44c

5c

Pacalta Oils

Oct

5c

Lake Wasa Mining.
La Luz Mines

8,200

Jan

Oct

*

Pacific

Jan

40c

16c

Rowan

9c 10 %c

--

1

Osulake

Jan

9

8c

Gold

Fortune

Lake

13c

2.05

1

Gold

Osisko

Feb

100

6.50

Mining & Exploration.
Laguerre Gold Mines

5,500

43,

Nov

153,300

60c

24 %

Labrador

16c

Jan

9

Nov

•

Oils

Pacific

6%c Aug

83c

July

Orange

Jan

22c

(John)

14c

Jan

Jan

Orneada

Jun

48c

1.97
—

Mines

Omnitrans Exploration

Jan

25%

19 %c

Lake

Gold

2.10

54

1.32 May

l

Jan

60c

16 %

Townsite

3

5,608

—

*

Omega

Feb

38c 43 %c

43c

Kirkland

4,000

53c

5

Okalta

Nov

6%c Sep

25 %

Kirkland

(1940)

common

Jan

40c

Kirkland Golden Gate.

Labatt

O'Brien

Jan

11c

Kerr-Addison

Mines

Preferred

Aug

30

41c

Gold

6,500

4c

9c

I

Ogama-Rockland
205

46c

_

1
0

Gold

North Star Oil

Feb

60c

Gold

38c

1.55

Jan

Nov

102

.

Mines.

Hill

Lake

Apr

30

'30%

Mining

Kelwren

r

8

50

101%

Kelvinator

«1 '■

100

30

9c

Mines

Kayrand

Keno

9%

17c

Quebec

35c

1.50

25% Nov

Mines

Joburke

35c

14c

Jan

25%

Jun

Aug

<tc

Jan

7c

Mines

Jellicoe

25c

1.25

1.50

Mining

Norplck Gold Mines

Jan

60

61c

___—

42

Norgold Mines

Orlac

Jacknife Gold

1,642

Sep

Jan

13%

162

5/10

49 %

48 %

12%

12%

preferred

1,240

48 !a

Norbenite Maiartic Mines

33%

Uranium

Jan

Noranda Mines

102

Petroleum

International

Jan

13c

1.50

Jan

30

common

Sep

17c

Oct

1.40

13c

30

Co

70c

May

5c

Nov

650

A

Nickel

Nov

6c

2,500

3%c

9 %

10

19c

12,000

6c

5

7%

_-2

Preferred

31,500

8'c

Mines

July

Jan

23c

Nipissing

19% July

Jan
Feb

9%

6c

Feb

25%

8%

preferred

65c

Aug

7c

45%

7%

8c

Bronze

Alay

4

19c

Jan

25%

Ingersoll Machine class A
Inglis (John) & Co
International

12 %c

30c

3,000

8c

40

Northland
Lake

Indian

July

19,500

5c

*

790

14

4c

41c

20c

Mines

4,949

15

13%

2,500

37 %c

1

Nicholson

10

l

High

1

Yellowknife

Feb

107%

Low

7c

4 %c

47c

13%

Range Since January

High

7c

37 %c

Gold.

30

14%

Low
7c

Gold

Norzone

Nib

52% Mar

25 '%

£

New

Newnorth

Apr

170

Shares

__1

__

May

29c

7%

preferred

Bidlamaque

25

26'/a

for Week

of Trices

Par
New

Sep

9.50 May

Range

Sale Price

High

Low

High
1,725

Sales

Last

13%

100

Erie

Imperial Tobacco of Canada ordinary4%

Low

Week's

Friday

11%

11 %

-

paid

Imperial
Imperial

.

:>K

STOCKS—

Range Since January 1

11%

-50

------

—

class

&

—

--

Bay Alining & Smelting

Ltd

20%

1

preferred

_

Maiartic

Hunts

1

-.

MARKETS

NOVEMBER

ENDING

Monday, December 1, 1947

for Week

of Prices

Par

Hoiilnger Consolidated Gold Mines

CHRONICLE

Sales

Last

Sale Price

STOCKS—

WEEK

FOR

FINANCIAL

13

12%

Apr

26%

Feb

Class

2.55 Mar

Starratt

5% May

8 ''

Feb

r

-

Feb
r

Jan

Jan

Jan

Sep

410

July

1.82 May

Stanley

Brock

class

B
Olsen

A

10

"
*

Gold

1

6
85c

6

85c

10 '%
6

91c

135
25

12,800

10
6

55c

May
Nov

May

12

7%

Apr
Apr

'

1.06 Jan1

Volume 166

THE

Number 4651

COMMERCIAL

&

CANADIAN
RANGE

Week's

Friday

Shares

Steel

Bros

Co

of

Canada

Low

14%

High
17%

Western

Jan

77%

76%

77%

82

74%

Oct

83

Jan

Class

80

80

80

35

78

Sep

89%

Jan

Weston

12c

14c
2.25

3,000
3,369

10c

Aug

Grocers

*

__

1

2.16

2.17

Stuart

1.75

11

25

21

21

2.65

1

Low

30%
•

common

preferred
River Gold

25c

50
1,500

4%c

4%c

1,000

47/bc

11

*

!

—

1

Sudbury Contact

1

—

9

17c

Mar

15%

Jun

21

Mines

l

2.00

2.00

2.06

5,418

Gold
Winnipeg Electric

Mar

Sep

10c

Jan

1.70 May

2.85

Preferred

18c

18c

1,000

18c

2.15

2.10

2.15

4,600

1.98 May

2.75

Jan

*

68c

68c

73c

1.600

62c

Oct

1.00

Feb

*

26%

26 %

26 V2

50

51

31c

(Alex

Tambl.vn

Ltd

common

Preferred

Taylor

:

Pearson

Teck-Hughes

•

*

common

Mines.!

645

26

Feb

28%

51

51

10

51

Nov

54

5 V2

--

5%

25

3.810

5%

Nov

10c

36

Jan

35

Oct

39% Mar

26 V*

Sep

31

Nov

108

101

15

Feb

Jan

10%c

7,200

7 %C

May

20c

Aug

10c lO'Ac

10c

3,000

9%c

Nov

29c

Jan

&

9

Vac

10c

2^.500

19%

20 V2

3.598

96

97

110

130

130

130

100

125

Sep

2.96

2.96

3.10

7,021

21c

24c

1,700

7 Vac

8%c

5,500

17

845

10c
*

common

19 %

100

..

J)

preferred.

100
♦

9 %c

Nov

13%

Jan

96

Oct

21c

Apr
Oct

21%
101

July
Mar

130

2.70 May

3.50 Nov

Mar

Yellorex
Ymir

Taku River Gold

_

Wright-Hargreaves

Jan

18c

1

Nov

30

IOV4C
I

Wingait

Oct

27c

50c

Sylvanite Gold Mines

100

1

High

Oct

33%

Aug

May

Wcod

Sullivan Cons Mines
Surf Inlet Consol Gold

37

27%

101 101'/a

Wiltsey-Coghlan

Feb

Low
100

27%

r

George)

Range Since January

High
35

Preferred

22%c Mar

Jun

18

24c

100

Oil

Sturgeon

Shares

34 Va

Winchester Larder

Sterling Coal

for Week

100

preferred

A

Sales

Range
of Price*

Par

13% May

100

"

Steeloy Mining
Steep Rock Iron Mines

Week's

Last

Sale Price

STOCKS—

25

common.

Preferred

28

,e£>

Range Since January 1

High

Low

14%

*

41

MARKETS

NOVEMBER

for Week

of Prices

Par

Stedman

ENDING

(2245)

Friday

Range

Sale Price

-

LISTED

WEEK

CHRONICLE

Sales

Last

STOCKS—

FOR

FINANCIAL

York

1

Mines

Yankee

21c

Girl

Knitting

*

common

16 Va

___

16

.

19c

30c

9c

Nov

13%

Oct

Jun

19c

May

Mar

17

Nov

Sep

Aug

6%

Jan

4.50

Nov

1.40

Jan

3 85
1-35

3.95
1.35

120

•

50c

47c

50c

5,200

35c

May

62c

Oct

1

19c

18c

21c

20,000

16c

Nov

65c

Feb

Gold

1

73e

73c

73c

7

68c

Nov

Tombill Gold

4

15c

17c

3,500

15c

Nov

Toronto

Elevators

•

13

13

125

11

Sep

Toronto

General

172

172

3

170

Jan

180

Oct

Texas

Gold

Canadian

1

Oil

3.85

5

Thompson-Lundmark Gold Mines

—

3.20

May

1.35

Nov

Toronto Stock

Exchange-Curb Section
Canadian Funds

Thurbois
Toburn

Mines

—

__

1.40
30c

13%

Friday

Feb

STOCKS—

Nov

Sale Price

Toronto Iron
Class

Works

100
0

common

A

Traders

A

class

A

9%

25

8%

Nov

12

10V4

75

S'/2

Oct

12%

Feb

43

43

25

26"a July

43

21 !b

21%

Andian National

Jan

10V*

—

*

rights

O'/b

__

*

Finance

Class

__

43

21 Vb

21%

25

70c

71c

23,500

165

165

33

8%

8%

5

Nov

Brown

Co

Canada

Tuckett

Twin

Tobacco

City

Resources

•

100

165

*

preferred

70c

8%

common

58c

1.10

May

Nov

165

6%

2.756

100

108

107

109

3 00

67 V2 May

Dominion

1934

19%

20

330

19 V*

Sugar

*

Canadian

Fairbanks Morse

*

Industries

*

Canadian

Nov

183

Mar

16

Feb

Marconi

Canadian

Onion

Gas Co

Union

Mining

United

•

Corp class A

9'/a

1

12c

*

Class B

*

9'/a

1,000

8% May

10%

Feb

Canadian

12cl2%c

6,000

8c

21c

Jan

Consolidated

9>/4

29'/a

Fuel

Class

B

United

class

A

50
25

preferred

preferred

Oils

United

0

16 '/a

21

Feb

Dalhousie

Apr

50

Nov

Dominion

8c

__

5% May

17

Dominion

Glass

8%c

Dominion

Textile

6%c

1.000

Jan

21c

Nov

Jun

•

8%

8%

8%

1,130

7% May

10

Feb

Upper Canada Mines

1

2.45

2.45

2.55

2,484

2.00 May

2.85

Nov

Ventures.

•

7.25

7.25

7.70

2.445

7.25

Aug

12

2%

12c

12c

12c

10c

Aug

22c

Mar

6c

Nov

18c

Jan

2%

100

146

146

3%

3''2

__

Steel.,

Oil
Aircraft

preferred

Aug

50

May

70

4,759

37'2c

36c

41c

9,108

Villbona

Gold

1

Amulet

*

4.60

4.55

4

25%

25»/„

*

15

Wekusko Consol

1

Westeel

*

r

4.65

Donnacona Paper
Foothills
Oil

8c0

6c

__

1.700

Walker

(Hiram)

Waterous

1,000

Minnesota

Ltd

(G

class

&

W)

~

Jan

Nov
Jun

72c

20

25

13 V2

Jan

26

Mar

32

225

30 V*

Nov

37

Feb

35%

35V*

100

35%

Nov

38

Feb

108%

109

30

92

Jan

114

Nov

23 >2

__

143-4 May

27

Nov

A

Products

For footnotes see page

&

4.20 May

4.95

2534

1,460

21% May

28%:

15

15

100

14

15

July

25c

25c

28c

14,500

Aug

50c

Mar

29'/a

29

29 Va

675

Oct

30%:

NOV

Yukon

Pend

20c

23%

Pursuant to the

847

2.70

600

Jan

3.00

27

28%

395

20

Jun

30

Feb

61%

2,010

41

May

63 %

Nov

__

61

60%

•

Paper

23%

23%

*

common

Oreille

24

Southmount

Investment

*

Petroleum

39c

39c

1,802

23c

25c

25c

1,000

22c

Jan

8V2C

9c

4,800

6 l/n f Mav

__

t
1

Consol

8V2c
1.00

1.05

1.00

thousands

(In

RATES

CERTIFIED

BY

Monetary

3.40

Jan

Jan

42c

Oct

45c

Jun

12c

Jan

1.45

Sep

Jun

FEDERAL

21,

1947

RESERVE

BANK

TO NOVEMBER

TO

TREASURY

1947,

TARIFF

ACT

OF

1930

Buying Rate for Cable Transfers in New York
Value in United States Money

Total

gold

ctf.

for

F.

Nov. 24

0

I

t

Official

.297733"'

Free

.251247*

3.212133

.297733*

.251247*
Closed

Nov. 25

$
.297733*

.251247*

Nov. 26

21,343,138

reserves

21,263,912

3.212130

,022793

.022807

Brazil, cruzeiro

.054406

.054406

.054406

.054406

268,852

272,19f

198,820

282,72£

1,442

1,063

629

862

12,669,278

12,900,924

7,243,405

7,215,905

7,331,0lj

Notes

1,398,750

1,314,000

835,10^

928,033

791,111

753,29(

securities.

22,239,466

22,221,940

23,681,79-!

securities.

22,615,307

22,423,064

23,965,58:!

S.

Closed

Bonds

Thanksgiving
Day

Total

U. S. Govt,

Total

F.

Free

1.000000

1.000000

.888515

.892421

.569800*

.569800*

.569800*

.020060

.020060

.020060

.020060

Denmark, krone

.208635

France (Metropolitan) franc
India (British), rupee

.208635
4.031171

4.031171

_

.008399

.008404

.008400

.008401

.301754

T&01754

,301779

.301754

.205776

.205776

Closed

Mexico, peso.

Netherlands, guilder

items

.377619

.377646

.377719

Federal Reserve notes

54,02

47,492,174

45,104,37]

24,521,176

24,779,75'-

U.

S.

1.000000

1:000000

17,067,520

acct.

1,313,869
450,700

1,560,193
406,022

518,477

519,876

312,598

19,403,837
2,292,519
20,405

19,553,611
2,689,084
20,696

17,749,00j>

46,352.496

46.784,567

44,434,97:1

194.548
439,823
27,455

194,562
439,823
27,455

185,041.

48,023

45,767

98,58 ft

47,062,345

47,492,174

45,104,370

2,905

3.03.

6,31ft

7,467

Treasurer—gen.

17,120,791

7,545

8,620

-

-

.890000

3.225000

3.225000

.201595

.201595

.201595

Thanksgiving
Day

1,891,250
14,960

.892500

3.225000

-

640,73ft

1.000000

.886250

16,131,041?
664,62|

accti

bank—reserve

deposits
Deferred availability items—
Other liab., incl. accrued divs.

3.225000

Total
Closed

.201595

Portugal, esciido

.040051

.040022

.040026

.040057

Spain, Peseta

.091324

.091324

.091324

.091324

Sweden, krona

.278264

.278264

.278264

.278264

.233628

.233628

.233628

.233628

4.007500

4.007500

4.007500

4.007500

Closed

liabilities

Capital Accounts—
Capital paid in
(Section 7)
Surplus (Section 13b)
Surplus
Other

capital accounts

Total liabilities & cap. accts.

Contingent

purchased

liability
on
for foreign

Commitments

to

make

indus-

trial loans

Controlled—

.658300*

.658300*

.658300*

.658300*

Noncontrolled

.562040*

.562040*

.562040*

.562040*

Ratio

of

serves,

note

27,428

bills

•

Uruguay, peso-

358,355

cor¬

respondents




32,57$

64,399

Deposits:

Other

.377719

Norway, krone

Union of South Africa, pound.

33,235

47,062,345

-

Foreign

.890833

Switzerland, franc

2,341, 12h

24,635,735

assets

Member

Day

1.000000

New Zealand, pound

129,15«

3,307,253

Liabilities—
Closed

Thanksgiving

Newfoundland, dollar—

Free

95
131,364

33,201

banks—

Total

Official

101

95
125,712

2,611,422

other

assets

Total

.205753

banks

|

70,849

of

premises

Other

...

14,762,29^

.208604

4.031171

4.031445

England, pound sterling

and

foreign

notes

Bank

.569800*

Czechoslovakia, koruna

loans

from

R.

Uncollected

.895078

Colombia, peso

purchased
securities:

Govt,

Bills

Due

1.000000

780,44.?,
18,309,62(

4,721

advances

loans

Acceptances
U.

Canada, dollar—
1.000000

17,529,17^

262.621

Industrial

.251247*

3.212133

.022779

682,742

R.

Certificates

$

.297733*

.022793

3.212133

Nov. 27

$

Belgian, franc

20,581,170

$

370,491

and

Discounts
Nov. 22

1946

$

682,968

fund

27j

Nov.

1947

20,660,170

certificates

Redemption

Other cash

Official

Nov. 19,

S

Assets—

INCLUSIVE

UNDER

Gold

27,

Nov. 21

Australia, pound—

dollars)

1947

Unit

Argentina, peso—

of

Nov 26,

Noon

■•(''.

Oct
Feb

Sep

Reserve Banks Combined

We

notes

|

1.00

600

Nov

Statement of Condition of the

requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily

NOVEMBER

! i

1.75

42.

EXCHANGE

and

24%

405

3,100

__

»

Mining

Jun

30

27
2.15

give below a record for the week just passed:

Country

15% May
27

1,185

27

2.15

Oct

Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.

FOREIGN

1.90

2.10

__

1

Foreign Exchange Rates
to the

2512

2.60

2.60

•

common

Ontario

Tpmisknming

Nov

Feb

25

•
*

Paper

Flour

2.557

Southwest

I'

32c

Mar

31

■>

...

*

International

Ogilvie
Waite

'

2

Aug

20

__

*

common

Feb

21V2

45

21%

20

Oct

3%

14!

40

20 '/*

311

Jan

155

37 V4

45

9

Feb

3

Jun

2V2

20%

*

Jan

25 V*

130% Mar

10

May

39

2,450

•

Hayes Steel

Ltd

Vicour Mines

!

1.75

Nov

a

Feb

i

Jan

3 '2

Jun

231

Oct

21

*

Bridge

385

16 Va

30

*

31

42%

85

16

--

15

235

__

2

Paper

Nov

DeHavilland

United

33

Nov

113

Nov

23'2

May

7%

May

33

__

100

Lumper

Westinghouse

17% May

100

50

29 Vb

10

18 V4

48'2

__

29 %

18 Va

__

May

preferred

Western

3

23'a

__

common

1

Wickers

Canadian

High
15

Jun

6%

Feb

77/b May

Low

8%

55

6%

Canadian

•

Transcontinental

ga4

Range Since January I

High

953

9%

l

common

&

Shares

Low

*

Preferred

Nov

for Week

of Prices

Par
Trusts

Sales

Week's
Range

Last

Jan

gold certificate re¬
deposit and F. R.

to

liabilities

combined-—

-

48.5%

48.2

/o

43.1%

42

(2246)

—.

THE

COMMjukCIAL

&

FINANCIAL

CHRONICLE

Monday, December 1, 1947

i

OVER-THE-COUNTER MARKETS
Quotations

for

Friday,

November

28

Investing Companies
Mutual

Funds-

Aeronautical Securities
Affiliated
Amerex

Fund

1

Holding

4.93

5.42

VA

Inc

3.89

4.26

10

Corp

American Business Shares

Par

Loomis Sayles Mutual Fund
♦
Loomis Sayles Second Fund—10
Managed Funds—

3114

29%

1

Automobile

4.10

3.74

2

Fund Inc
Axe-Houghton Fund B

7.41
15.18

9

Drug

47.84

48.82

General

if

and

as

issued)

102.80

Bonds—

Bid

Ask

Stocks—

Chicago Rock Island.Pacific¬

3.74

4.12

3.95

4.36

ist 48

3.57

3.94

Conv

Equipment shares,,

Electrical

16.50

100.74

(When,

Ask

shares,,

4.31

4.13

Bid

Chicago Rock Island

Ask

4.75
4.55

Equipment
shares

8.01

814

1
5

series A

Axe-Houghton

Bid

shares

Business

Associated Standard Oilstocks
Shares

Reorganization Rails

Aik

Bid

Par

Industries

shares

Home Furnishings shares

4.24

1

5%

5%

Non-Ferrous

3.66

4

434

Paper shares
Petroleum shares—

4.35

4.30

7.24

7.93

1

5%

preferred

27

59

60

Bid

Ask

100

4.85

10c

82%

26

4.74

4.40

81

As Pacific

Common

4.80

Steel

2019

102%

4.04

1

4%a—

Income

100%

4.67

Beneficial Corp
Blair & Co

1994

-

Inv

Bond

Broad

*

93.49

97.39

5

19.66

21.25

8.22

8.23

Inc—5

16.72

18.08

Inc

Inc

Green Fund

Bowling

10c

of America—.

Tr

Boston Fund

Invest

Street

Co

Bullock Fund Ltd—,

1

16.97

•I8.0U

;—1

3.85

5.05

Century Shares Trust,

*

28.17

Chemical

1

13.71

Metals

shares

Manhattan Bond Fund Inc—
Common

<■

Mass Investors Trust

Fund,

Securities

Christiana
Preferred

com—100 2,970

100

+

Commonwealth

1

13.39

14.37

9.72

10.51

Nation-Wide

5.69

6.18

15.17

16.40

25c

1.42

1.56

1

23.84

25.49

Industrial

1

14.94

Priced

Preferred

15.98

*

Stock Fund

Fidelity Fund Inc

23.78

25 71

Financial Industrial Fund Inc lc
Boston

Corp

1.89
29

1U
5

First Mutual Trust Fund

2.06
31

5.12

2

13.49

14.78

shares A—2

5.83

6.78

Bond

Stock

Series

Trust

6.43

Series

Inc

Stocks

Agricultural shares

Chemical

Automobile

6.09

6.61

Corporate bond

4.90

5.32

Diversified Investment Fund
Diversified prefeired stock
Diversified
Industry

8.42

9.13

6.36

6.90

10.07

10.91

5.18

Building shares

5.63

_

_

Chemical

shares

Electrical

Equipment

_

—

shares

Food

Fully

Administered

General

bond

Industrial

shares—

Investing

_

Metals

Railroad

9.68
7.72

RR

stock

Railroad

shares

Steel

Tobacco

Utility

shares,

shares

Income Foundation Fund
Common

Petroleum

5.37

Putnam

4.47

Republic

5.01

Inc

Russell

10c

1.63

1.67

5

_

21.81

23.58

&

Aviation

Group shares
Group shares

7.72
75c

Insurance Group shares
Stock and Bond

8.46
83c

93c

1.03

13.17

14.44

10

27.28

Management Fund Inc—1

Invest

13.44

13.74

Fund

Inc

B-l

(Investment

B-2

(Medium

B-3

(Low

B-4

(Speculative

K-l

(Income

27.63

28.91

23.37

25.49

26%

28%

State

Fund

York

of New

Continental

21

42%

45%

5

10%

12

River

2.50

22%

24%

19 %

18

Northeastern

5

6%

7%

Northern

12.50

70%

73%

25

95 %

99

10

49

52

10

81

85

15

17

68

71

10

47%

49%

10

28%

30%

Casualty

28'A

Preferred

68

71

Providence-Washington

47'A

15.41

Fidelity & Deposit of Md

11.89

Fire

6.04
5.32

Firemen's

7.46

Franklin

11.28

Republic

9G

Revere

(Paul)

Fire & Marine—,

Newark

Globe

3.32

;27.67

&

I8ft4<*

19%

Si,

25%

Seaboard

10

15

17

Security

New

38%

40%

Sprgfld

Fire &

5

2nd

5

7'A

Rutgers Fire com—15

Hartford

6.38

Paul

Standard

1

9.43

Travelers

82

27.84

14.60

Independence Trust Shares

26'A

28

U

S

Fidelity & Guaranty

24%

26%

U

S

Fire

111%

U

S

Guarantee

Fire

10

107

inspecti.10

30

x

Steamboiler

North

7.47

Bonds—

Unit Type Trusts—

E

6.54
2.31

2.67

4.70

Series

1955

1

Series

1956

1

2.77

Ask

Bid

Stocks—
Harbor

,1967

95 %

96%

Kentucky Utilities 4%%

96

97

New

Firestone Tire & Rub 2%s_ ,1972

Trust Shares—

Lt

3s— ,1977

Kentuckv Utilities 3s

,1977

99

Plywood

95

96

&

Power

98%

England

4 % %

100

Florida

99%

Ohio

Bankers

Trust

Brooklyn

10

Gily Banks & Trust Cos.

Trust

x37%

100

100

105

Central Hanover Bank & Trust 20

91 %

94%

Chase National Bank

15

33%

35%

Chemical Bank & Trust

10

39

39%

Bid

Commercial National Bank &
Trust

160

180

100

190

Continental Bank & Trust

41%

14%

Corn

15%

Morgan

256

265

10

15

National

Exchange Bank & Trust_20
Empire Trust
50

55

57

71

75

Public

Federation

10

15%

18%

Sterling

10

38

40

Title

100 1,250

1,310

Bank

&

Trust

Fiduciary Trust
First

National

Bank

New

Nat'l

1987

102%

102%

Pennsylvania Electric 2%s_ ,1976
Philadelphia El Pwr 2%s_, ,1975

94'%

95%

95

96'%

1977

98 'A

1,520

Guarantee

United

&

States

&

Tel

&

3%s

Tel

Toledo Edison

2%s

Co

__

51%

American

51%

Connecticut Light

Trust, 17%
25

Trust

3.50

__12

100

241
'39 %

1%S Oct.

Bank

Bonds—

l%s May
l%s Jan.

1, 1950-1948
1, 1952-1950
1, 1953-1951

2%s Feb.

l,

Bid

Ask

99.30
98.24
99.12

1955-1953

102.4

Federal Home Loan Banks—

100.2

1%S Apr. 15, 1948
l%s Sept. 15, 1948

99

1

Other

88

56

78

81

com_l

8

8%

4%%
Texas

94%

48 =

49%

50;

51%

West

$5

*

Corp

100

Transmission

"A"

94%

*

common,,50c

preferred

95%

"

8%

9

5 A
14

.

1

Disinfecting

6''a

14

Co.—

preferred

Eastern

6

]

Transmsn

26

0

1 0

99

40%
76

8%
615

9%
645

.

Bid

Rates

quoted

are

100.2

Treasury bills—
December

December

Issues

December

Bid

at

purchase

11, .1947
18, 1947

As?'

b0.83

0.71%

January

b0.84

4, 1947

0.74%

January

125

b0.85

b0.85

0.76%

b0.86

0.78%

b0.86

0.80%

b0.88

Bid

0.76%

December

January

123%

Treasury Bills
for discount

Ask

100.2

99.30

1961

"A"

Co

Gas

24'A

91

38%

%

Tucker

preferred
$2 preferred

41%

99.30

Panama Canal 3s

96

54%

25

Container

Carbon

Tennessee

& Power—

$1.90

99.20

102.12

Controls

preferred

Seabcard

Ask

93

251

72

4%%

99%

Bid

„—1

Cladmetals

Obligations Of Governmenf Agencies
Land

94

50

100

Robertshaw-Fitn

United States
Federal

pfd

(Indiana)—

preferred

Speer
Par

Stocks-

48%

10o
12%

Trust

91

ve-

49%

25

Bank

100

88

100

Pitney Bowes 4%%
Public Service

Birmingham Elec $4.20 pfd—100

National

preferred

977/B
99%

20

Trust

98

100

Electric—

98'A

25

Jity Bank

York

102

Service—

Pennsylvania

16

100 1,470

(J P) & Co Inc

lul

210

100

Manufacturers Trust Co

Co

Ask

100

Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust

pfd-100

preferred

97%

Pacific

41

20
lo

Par
Trust
National

Ask

Elec—

&

27As— ,1980

A.**

39%

%

10%

100

Gas

preferred

Public

3.90%

3.70%

Ask

Bid

1

Pacific Pwr & Light 3%s._ ,1977

Pacific Gas & Elec

Grace

Par

97%

Ohio Public Service 2%s— ,1976

Fulton

33

Security Issues

3.37

5.58

24%

66

30%

7.50

*

12.81

348

63 "A

2.50

Fire

96%

Cudahy Packing 25/bs

2.50

4.30

Bid

50

10

Arkansas Pow & Lt 2%s— ,1977

Shares—

5.01

23

47%

47

8.19

11.74

333

540

45%

4

Westchester

33

Recent

18.62

1

100

525

Co—2

16.23

Stk)__1

Par

31%

100

5

9.62

17.06

15.09

1

13.38

Co__10

39 %

29%

22

6.48

1

25.52

Manhattan

37%

19.35

1

Inc

Stocks)__1

the

25'A

10

Accident

50%

23%

10

Marine

48

10

8.05

(Income

of

71

10

Haven

21.56

S-2

Bank of New York

68

Surety

21.69

19.73

S-3 (Appreciation com Stks)_l

Eartk

12%

5

84c

Fund__I

S-l

New York

20

49.25

75c

7.36

World Investment Trust—i

Amer

28%

18

77c

46.25

B_1

22.47

com

4'A
26%

6.98

69c

17.70

20.60

Fund

2
10

10

11.94

Investing Corp.

Trustee

8%

18
78

15

preferred

Great /American

4

33

10

Fire

23%

Fire

3 %

31

11%

5

Marine

&

( N Y)

(Texas)

10

5

Fire

Falls

11.03

Wellington Fund
Fund

50

93

Fire

Hartford

5.93
Stock

153

47

Globe & Republic
15.80

21.04

Fund

148

10

General Reinsurance Corp

Gibraltar

Reinsurance Corp

5

10

10

8.88

of

Accident

20

Phila

of

Assn

Fireman's Fd of San Fran

50.21

C

Preferred

Group
-

50.21

10c

Stock

%

50'%

3.02

25c

(Appreciation pfd Stks)_l
(Quality common Stks)_l

Priced

Co

26'A

9.67

(Low

Indemnity

10

25.73

Corp,*

18.88

S-4

Fire

Pacific

*
10

1

8.85

Knickerbocker

Pacific

rhoenix

2%

Investment

Common

Series

19

10

10

Life

Crum & Forster Iuc

•

Shares

Industry Shares

Diversified

10

10

General

Hanover

17.30

com

5

5%

Brunswick

North

Fire

4%

Hampshire Fire
York Fire

Federal

w

1

17.77

New

Employers Reinsurance

1

1

16.29

New

67'A

Employees

1

1

Stocks)

New

72%

63%

8.65

20

Bonds)

pfd

5%

69%

11.62

14.69

Investors

Whitehall

Shippers

Casualty

5.51

Union Bond Fund series A
Series
B

Union

&

4%

25
10

Bankers
Boston

Amsterdam

10.19

5

new

Street

Series

2%

Baltimore American

6.81

Bonds

K-2

Priced

1

Bds)__l

31'A

2

8.10

Utilities

W ail Street

Bonds)

Grade

8.68

1

Amer

Trusteed

Union

Keystone Custodian Funds—

29

New

10.27

Fund

Invest

Selected

29.65

Group shares

Investment Co of America

5

Fire

10.85

Berg Fund inc

Sovereign

Bank

2

Union Fire

11.75

7.92

Trading

(Geo)

Standard

Institutional Securities Ltd—

Liberty

National

Connecticut

Scudder, Stevens & Clark

Investors

46%

National

Glens

4.33

43'A

National

34'%

City

4.58

4.11

lo

18%
57 %

12.73

_

-

4.94
_

28'A

14.06

_

3.98

_

26%

16%

11.53

9.37

__

4.61

_

shares

Incorporated

Tobacco

4.21

Equipment shares

6 %

(Detroit)—10

Casualty

31%

10.29

2.59

29%
28

5 %

55 %

Camden

4.85

2.37

shares

7.78

Railroad equipment
Steel

28%
26

10

11.10

_

5.54

5
5

Y

4

N

10

10.72

_

7.69

_

National

Fire

7.89

Utility
_

21'A

16%
30

7.10

9.94

_

Pacific Coast Invest Fund,,.
Public

Railroad

13%
51%

20'A

25

Reserve

10.52

_

6.66

12%
49'A

Automobile

11.62

_

7.yd

15%
28

10

American Re-Insurance,

Mfrs

9.30

Oils

1

~5

Massachusetts Bonding
Fire Assur
&

94'%
37

10

common

preferred

10.60

5.10

—

10.84

_

7.09

,

shares
Bond

Merch

10'A

24%

91 %
34

20

Merchant

12%

10.47

z.

7.37

shares

shares

Petroleum

16

10%

11.23

Merchandising

7.97

6.14

Mining

9'A

14%

10.58

Machinery

7.96

7.12

—

,

Merchandise

5

10.13

series

stock

7.78

Casualty
Prior, preferred

Convertible

Equitable
5
Fidelity & Casualty_5
American of Newark
2%

9.55

equipment

Insurance

19%
36 %

American

9.07
_

7.35
9.22

Maryland
18%

American Casualty

4.10

__

_

Electrical

America—10

34

4

American

15.60

_

_

7.34

shares

Institutional bond

10

Automobile

6.83

7.60

stock

7.17

shares

Machinery shares-

64

5.73

3.62

Aviation

Building supply

_

61

4.20

6.48

7.71

shares

25

23

American Surety—

7.11

Aviation

Agricultural

American

9.89

5.69

shares

Jersey Insurance of N Y

American Alliance

Inc—

5.31

Bank

41%

4.93

14.55

Automobile

Group Securities-

39%

3.76

_

1

Investors Trust

10

Life

Aetna

5
of North

6.11

44.95

Corp

Insur Co

3.61

Series

41.70

General

7.08

Home

7.95

5.15

Agriculture

Par

82

45%

American

New York

Ask

79
43

4.46

Stock

Bid

10
10

Insurance—

3.23

Series

•

Capital

7.44

7.18

Series

Selected Group Series
Low Priced Com Stock Series,
New England Fund
1

6.71

Investors

Fundamental

Par
Aetna Casual & Surety
Aetna

5.70

Fundamental

General

1

series,,

Low

Income

First

1

Stock Series

Bond

Speculative

Fund

Balanced

shares

Investors

Corp
National Security Series—

Howard—

Eaton &

Securities—

Balanced
National

1

Shares

Dividend

12.32

13.67

14.83

3,070
147

143

11.40

10

Insurance Companies

27.20

_1

Mutual Invest Fund Inc

1

Invest

Fund

Delaware

30.29

25.16

Mass Investors 2d Fund

Inv Fund Ltd

Canadian

22,

29,

1948

0.83%
0.84%

0.82%

25, 1947
2,
1948
January 8, 1948
January 15, 1948

Ask

b0.89
b0.91

1948

February 5, 1948
February 13, 1948
February 19, 1948

February

b0.96

0.91%

26,

b0.92

1948

0.86%

b0.93

0.88%

b0.95

0.90%

Quotations For U. S. Treasury Notes
Figures after decimal

Maturity—

flSept. 15,
fOct.
Jan.

1.
1,

Int. Rate

1948

Maturity—
Certificates of
t%s Jan.

1,

1%

wi—

1%%

1, 1948
t%s Mar. 1, 1948

It

•"

'

■

'

.3988

99.9817

.0065

100.0160

.0375

Dollar Price 10(1 Plus
Indebtedness—
-.
Bid
Ask
1948
100.0058
.0143

t%S Feb.
•

Ask

—1%% 100.3752

1948

1948

point represent

Bid

'

99.9997

.0083

99.9973

_

.0073

'

'

•

'
.

11

11




-1

•

1

1

1

,n'
mmmmmm

one

or

more

32ds

of

point

a

Maturity-

Dollar Price 100 Plus

Certificates of Indebtedness—

1948
t%S June 1, 1948
$%S July 1, 1948 Series
V/aS July 1, 1948 Series
t%S July 1. 1948 Series
Is Oct.
IS

Oct.

Bid

Ask

99.9966

t%s Apr. 1,

.0100

:

99.9656

F_„

99.9487

.9661

G

99.9491

a

Odd lot sale

(not Included In year's range).

_included in year's range), eEx-interest.

(not included

in

year's

range),

b Bid yield price,

fFlat price,

tEx-stock

kRemoved

dividend.

to

d Deferred delivery sales
Stock

(Un) Unlisted

Exchange.

issue.

rCash

wdWhen

(nol;
sales

delivered,

.9665

H

.9805

99.9495

99.9820

.0069

1, 1948 Series K

99.9827

.0075

issued,

x

Ex-dividend,

y Ex-rights.

.9669

1, 1948 Series J

w 1 When

:•

,;f»Oipar value,

dividend.

...

tin

default.

tThese

bonds

are

subject

to

all

Federal

taxes.

fEx-llqUldatlng

I

Volume 166

Number 4651

THE

COMMERCIAL

•

&

FINANCIAL

(2247)

THE COURSE OF BANK CLEARINGS
Bank

clearings this week will show

Preliminary figures compiled by

based

us,

increase

an

with

a

year

ago.

telegraphic advices from the chief

upon

cities of the country, indicate that for the week ended

Saturday, Nov. 29, clearings

for all cities of the United States from which it
is possible to obtain

weekly clear¬

ings will be 15.5% above those of the corresponding week last year. Our
prelim¬
inary total stands at $12,907,325,562 against $11,174,530,964 for the same week in
1946.

At this center there is

gain for the week ended Friday of 43.9%.

a

Third Federal Reserve

com¬

Pennsylvania—Altoona

29

1947

New York

1948

$4,493,038,446

495,697,073

451,082,897

+ 43.9

551,000,000

Philadelphia
Reading

303,763,941

+

Scranton

+

+

170,719,051
196,575,654

120,731,952

+ 29.6

1,726,052

25.1

4,523,953
3,101,032

3,034,900

927,432,858

+20.9

651,303,731

609,257,679

+ 15.5

4,131,090
111,307,782
194,819,708

204,594,346

District—Cleveland6,662,587

Total

$9,672,771,847

$6,961,570,438

+ 38.9

2,388,896,552

1,781,506,384

+ 34.1

West

cities,

$12,061,b68,399

$8,743,076,822

845,657,163

2,431,454,142

—65.2

$12,907,325,562

$11,174,530,964

one day

issue of next week.

We cannot

furnish them

Saturday and the Saturday figures
the

elaborate detailed

able to

Nov.

+

today, inasmuch

District

15.5

as

we

present further below

For

that

week

there

was

an

increase

of

they

the week

of

Louis

20.7%.

The Cleveland Reserve District has to its credit

District

Reserve

In

and the

In the Chicago Reserve District the totals

-

the

21.6%

by

Kansas City Reserve

and

are

Atlanta Reserve

larger by 17.9%, in

in

the

Minneapolis Reserve District

District

the

totals

show

an

expansion

of

18.1%, in the Dallas Reserve District of 102.6% and in the San Francisco Reserve

of

In the

+ 33.3

+ 14.2

1,356,683
6,632,000
93,913,891
2,052,777

following

furnish

we

a summary

SUMMARY

Reserve

22

OF

by Federal Reserve Districts:

BANK

1947

Districts

$

Sixth

Federal Reserve

lit Boston

12 cities

2d

12

York

Philadelphia

$

1945

or

Dec. %

$

554,619,137

+ 14.3

417,059,001

+18.7

6,066,529,531

5,414,297,972

M

1,120,926,014

927,432,358

+20.9

651,303,731

609,257,679

"

940,844,383

772,886,870

+21.7

534,101,051

586,973,388

Sth

Richmond

6

"

489,564,218

423,675,361

+

15.6

289,160,381

282,886,895

452,599,563

418,024,503

7th

Louis

—

Minneapolis

"

654,743,148

649,438,425

17

Chicago
St.

"

1,060,417,189

899,640,249

+17.9

616,237,260

578,567,931

4

"

608,233,577

500,372,567

+21.6

343,543,502

"

7

Total

353,907,184

"

550,151,326

466,017,850

"

336,633,476

166,164,038

10

Francisco

427,047,170

10

City

"

864,930,520

"40,095,051

+ 16.9

OltlM

113

+20.7

239,517,040

our

13,527,940

2.3

47,478,119
162,700,000

12,988,510
37,783,955
162,300,000
2,343,416
1,872,616
49,181,532
49,855,388
5,058,183

6,537,710

63,932,755
242,100,000
3,964,485
3,069,114
81,202,798
102,009,455
6,121,775

427,610

382,361

142,570,155

130,429,538

+

9.3

4,494,265
251,432
98,174,587

654,743,148

649,438,425

+

0.8

452,599,563

I,209,474

+

4,123,712
3,763,811

Florida—Jacksonville

84,930,664

Alabama—Birmingham

109,005,108

Mobile

Mississippi—Vicksburg
Louisiana—New Orleans
Total

16,226,144

65:375:256

(10 cities)

Seventh Federal Reserve

+

—10.0

4.0

+

308,430,445

Michigan—Ann

Arbor

4.6

+

+

6.9

+

181,711,543

145,756,409

South

6.8

+ 11.8

523,396,994

523,731,893

1,289,365

10,623,590,042

9,710,159,936

6,683,354,738

+19.2

4,720,401,890

4,445,812,856

showing the figures for each city for the

Ended

1946

$

Clearings at—

$

Inc.

Des

407,762

5,326,599
3,467,008

4,369,287

5,777,514
45,520,000
4,646,703

14,665,653

59,185,866

Rapids

3,628,293

Moines

Sioux

558,761

+ 11.5

+ 22.9

5,976,918

Wisconsin—Milwaukee
Iowa—Cedar

6.6

8,677,748
5,729,835

54,469,000

Haute

I
HI
I

City

27,101,891

14,863,735

1,180,695
831,255,126

2,874,865

28,108,000

+ 28.6

2,745,310

8.0

11,493,356
33,955,686
1,985,707
14,656,825
7,657,574
1,011,511
488,343,110
2,197,486
7,392,301
2,125,276

+

+ 19.7

+ 12.6
+ 11.0
+ 28.5
+ 12.8
+ 18.2

3,517,791

12,329,090

I

8.3

+ 19.7

+

13,576,296
49,432,083
3,222,999
24,413,648
II,567,962
1,046,690
702,991,164

3,272,147

11,936,827

—

7.0

Maine—Bangor

or

Dec. %

1945

$

1944

$

822,119

2,801,830

2,864,272

+12.3

363,112,036

331,860,187

6.8

1,282,094

1,112,993

+ 14.4

572,702

480,672,128
1,910,356
718,412

1,727,476

+

25.1

1,225,288

1,101,354

6,645,930

+ 20.2

4,817,335

626.529

5,491,394

4,422,513

+ 24.2

3,262,044

2,274,857

18,830,784

+ 36.8

14,350,745

8,926,742

+ 26.9

6,526,959

5,723,993

30,494,800

Island—Providence

24,108,300

+ 26.5

17,249,600

12,848,300

1,581,642

1,213,520

+ 30.3

992,249

801,410

417,059,001

37$,282,742

634,002,519

554,619,137

+ 14.3

+

3.3

3,418,755

+

36.6

2,954,760

+ 20.3

2,337,885

1,943,037

899,640,249

+ 17.9

616,237,260

578,567,931

196,900,000
72,744,466

176,200,000
65,661,138
59,555,500

YorK—Albany

Total

278,800,000

+ 18.1

134,759,066

+ 23.1

2,213,134

109,483,931
110,521,022
1,567,614

+ 41.2

1,330,000

883,025

608,233,577

500,372,567

+21.6

343,543,502

302,299,663

4,088,127
131,039,481

141,931,377

"

(4 cities)

_«

Federal Reserve

+ 28.4

Buffalo
_

Tlmira

__

_

Jamestown
New

St.

7,965,066

7,502,354

294,670,775

8,294,795

241,627,645
81,952,938
6,978,963

3,598,941

3,444,029

+

4,287,205

9,930,912

3,628,419
8,772,836

427,047,170

353,907,184

Paul

98,299,476

Dakota—Fargo

South

Dakota—Aberdeen

Montana—Billings

Total

(7

cities)

—

6.2

5,143,050

+ 22.0

+ 19.9

161,772,727
57,370,578

+ 18.0

4,568,122

4.5

+ 18.2

2,028,925
2,646,452

1,482,366
1,928,446

+ 13.2

5,987,186

3,397,250

+20.7

239,517,040

197,698,128

+

Federal

Reserve District—Kansas

Jersey—Montclair

Total

2,800,543

2,094,060

+ 33.7

1,548,401

1,242,329

84,678,197

+ 18.0

56,193,000

56,998,000

1,785,768

1,397,732

+ 27.8

816,824

882,248

1,465,189

+ 34.8

6,625,678,126

+ 18.5

5,903,188,152

5,264,347,080

18,850,805

Newark

16,075,728

+ 17.3

13,572,896

11,849,195

9,876,844

+ 15.7

5,907,944

5,201,233

13,412,007

12,148,466

734,073

700,425

46,409,428

Jersey

39,607,555

865,202

731,316

422,361

350,450

+ 20.5

210,456

497,815

183,565

424,093

+ 17.4

320,564

6,822,283

+ 18.5

137,798,903

5,758,643
114,866,979

289,228
3,845,192
67,004,195
2,228,187
5,525,843

Hastings
Lincoln

Kansas—Topeka

+ 16.4

4,022,713
76,629,292
3,594,583
5,116,180
209,750,908

+ 36.4

6,309,772

+ 13.0

1,427,427
1,048,550

+ 20.0

6,960,351

+ 16.2

8,902,689

+ 30.0

368,434,196

1,915,592

316,402,192
10,160,999
1,656,479
1,506,143

+ 27.2

550,151,326

Missouri—Kansas City
St. Joseph
Colorado—Colorado Springs

5,989,183

11,570,971

Wichita

466,017,850

+18.1

308,430,445

3,191,682
149,583,000
16,942,517
4,052,000

13,857,189
1,871,665

Pueblo

(10 cities)

185,105,844
5,373,004
980,098
847,577

271,382,733

Eleventh Federal Reserve
District—Dallas-

Texas—Austin

6,268,250

3,322,951

2,767,987

+ 20.1

1,753,403

9,882,751

8,284,998

+ 19.3

6,188,941

3,633,000
1,278,645
5,041,501

336,633,476

Falls

+ 16.9

121,307,000
23,805,848
4,635,000

+134.6

4,666,000

I

5,363,205

284,559,000

Dallas
Fort Worth

166,164,038

+102.6

181,711,543

145,756,409

+ 19.2

80,166,367

84,694,492

0.7

3,118,048
71,606,673
36,033,686

2,671,789
84,694,151
32,393,680

10,497,947

8,973,175
3,897,143
291,473,000
6,997,432

27,934,524

Galveston

II

Louisiana—Shreveport
(6 cities)

+ 17.3
+

0.7

2,316,545
119,912,000
13,574,718

+ 10.4

9,266,298

9,441,179

4.8

472,323

353,913

25,581,773

24,190,935

+

+ 17.2

Twelfth Federal Reserve
District—San Francisco

Washington—Seattle

58,456,675

50,647,138

+ 15.4

37,893,940

Utah—Salt Lake

6,854,783,274

+ 18.7

6,066,529,531

5,414,297,972

City

California—Long Beach

114,984,730
52,326,415

11,172,768

Pasadena

3,886,891

9,393,021

10,063,183

Jose

._

1

426,197,207
11,141,677

11,770,870
4,674,435

Santa Barbara

Stockton

;

4,214,985

+

+ 49.0
+ 16.5

+ 18.9
+ 30.9

5,187,779

+

8.2

+

5.6

4.4

300,251,744
7,523,019
2,854,551
6,157,180

+ 10.9

1,916,430
6,020,601

10,439,638

10,003,819

864,930,520

740,095,051

+16.9

523,396,994

523,731,893

15,823,004,909

13,309,032,864
6,683,354,738

+ 18.9

+ 19.2

10,623,590,042
4,720,401,890

4,445,812,856

(10 Cities)

Grand Total C112 cities)Outside New York

7,690,809

461,065,000

Francisco

San

Total

100,255,497

60,965,686

31,557,476

•135,510,944

119,525,542
3,912,339
171,341,059

Yakima

Oregon—Portland

San

na eitlMt




3,973,200

City—•

Nebraska—Fremont

Total

51,789,258

7,503,068

11,426,291

Connecticut—Stamford

Northern New

11,222,778

7 ,853,599,846

York

Rochester

.

+ 151.3

1,975,123

Syracuse

New

10,413,814

99,896,362

,

72,569,036

District—Minneapolis—

Minnesota—Duluth
Minneapolis

Total

26,164,023

Blnehamton

1,764,382

329,300,000

III—I
I

Tennessee—Memphis
Illinois—Quincy

Wichita

Second Federal Reserve
District—New York—
RAW

570,924
2,257,364
6,932,017

14,079,783

11,331,704

cities!

5,851,323

463,029,096

Eighth Federal Reserve District—St. LouisLouis—

5,166,945

+

25,768,875
—

Hampshire-—Manchester—.——.
(12

539,946,646

7,989,645

Haven_

Total

866,119

+ 16.3

2,161,086

Bedford

Worcester

Rhode

+19.3

3,918,066

821,980

Connecticut—Hartford

New

1,524,910

4,555,053

2,040,892

—

River

Springfield

New

3,862,810
9,449,712

28,726,468
1,986,112
13,218,671

1,060,417,189

Missouri—St. Louis
Kentucky—Louisville

22

1,818,802
-

Lowell
New

2,852,591
27,195,000

4,669,317

Omaha

Fall

4,151,375

3,555,935

I

IIIIII

(17 cities)

Tenth
Nov.

District—Boston-

Massachusetts—Boston

418,024,503

6,256,334

I
I

North

+ 18.9

detailed statement

Portland

527,222

96,113,681

9,674,050

Bend

Terre

Ninth

13,309,032,864

Week

Reserve

54,465,358
66,614,942

7,043,774

Grand Rapids
Lansing
Indiana—Fort Wayne
Indianapolis

271,382,733

+

15,823,004,909

1947

Federal

2,618,006
2,274,914

+ 22.6

week ended Nov. 22 for four years:

First

34,966,949

District—Chicago-

Helena

add

+ 23.9

+ 19.8

197,698,128

18.1

+ 102.6

7,969,405,063

Outside New York City

now

282,886,895

302,299,663

0.8

+

6

Kansas

11th Dallas

289,160,381

+ 12.0

1,113,803
7,940,000

94,934,451
2,207,184
141,724,508

379,282,742

6,854,783,274

7

■th

+15.6

217,900,000

Augusta

$

634.002,519
8,135,510,944

Cleveland

10

423,675,361

20 109 122

Nashville

Total

4th

Atlanta

141,075,564
44,129,466

1944

"

11

+ 17.6

8.4

pistrict—Atlanta—

Tennessee—Knoxville

Rockford

Inc.

2,903,398
200,636,794
67,394,842

489,564,218

Decatur

CLEARINGS
1946

+

79,279,602

(6 Cities)

Springfield
Week Ended Nov.

2,220,665
10,753,000
139,766,662

3,251,256

Peoria

We

586,973,388

240,315,195

Columbia—Washington-

Chicago

San

534,101,051

2:961,033

Illinois—Bloomington

District of 16.9%.

13th

201,584,863

+21.7

located and from

are

(including this city) the totals register

gain of 21.7%, the Richmond Reserve District of 15.6%

District of 0.8%.

»th

+ 14.2

772,886,870

15,060,800
2,630,322

12,284,000

Macon
—

18.9%, the aggregate

improvement of 18.7%, in the Boston Reserve District of 14.3% and in the Phila¬

10th

279,587,008

14,305,400
2,246,341
3.982,565
251,043,294

9.4

151,473,132

Georgia—Atlanta

give final and complete results for the week previous

22.

delphia Reserve District of 20.9%.

4th

4,566,486

+ 20.9
—

appear

the week

has to be estimated.

cases

statement, however, which

this it appears that in the New York District

Id

+ 27.2

Virginia—Huntlngton__

Carolina—Charleston
Maryland—Baltimore

not available at time of going to press.

are

cities according to the Federal Reserve Districts in which

New

6,140,726

940,844,383

—

South

clearings for the whole country having amounted to $15,823,004,909 against $13,309,032,864 in the same week in 1946.
Outside of this city there was a gain of
19.2%,
the bank clearings at this center
having recorded a gain of 18.5%.
We group the

Federal

4,477,221

319,155,911

Richmond

+ 38.0

Accordingly, in the above, the last day of the week in all

by

23,648,900

4,057,895

3,778,256
107,023,186

Fifth Federal Reserve
District—Richmond—

Complete and exact details for the week covered by the foregoing will

St.

+ 27.4
+ 26.4

7,809,463

(7 cities)

Total

the

160,896,886
292,366,966

28,592,700

HI
HI

5,769,163

204,977,676
369,588,151

_H.

+ 53.3

Total all cities for week

a

2,687,700
1,552,092

2.1

—

1,120,926,014

Mansfield

+ 41.1

All

an

1,883,066

+ 31.3

4,016,277
2,540,257

+

Virginia—Norfolk

are

1,581,901
592,000,000
4,445,590
2,283,734
1,393,667
1,676,559

+ 34.0

671,199
610,792

+ 32.6

+ 47.2

277,397,440

Total all cities, five days—

we

1,878,019
632,000,000

+ 20.7

757,389

5,748,374

Pennsylvania—Pittsburgh

251,215,775

Other cities, five days

ended

659,337

+ 17.6

3,261,143
6,523,087

Youngstown

7.5

185,114,038

In

635,666
558,762

2,758,153
897,000,000
2,639,208

4,227,109

Cincinnati

+ 18.7

255,836,000

Ten cities, five days

ends

8.7

7,189,062

cities)

Fourth Federal Reserve

5.4

211,622,497
207,200,000

275,031,000

Pittsburgh

our

6.4

+

8,652,720

Jersey—Trenton—
(11

+

+ 23.8

2,485,961

Columbus

Cleveland

in

$

950,084

5,272,984

II

Cleveland

245,900,000

—

San Francisco

1944

865,495

3,536,246

York

5.8

223.004,027

St. Louis

1,130,780

1,083,000,000

Ohio—Canton

+ 49.9

427,065,383

Kansas City

$

3,242,427

9.9

+

826,000,000

Boston

r

1945

*

$6,466,347,111

Philadelphia

or

Dec. %

940,881

Lancaster

Total

Inc.

1,202,588

4

Chester

Delaware—Wilmington —_I

Clearings—Returns by Telegraph

$

1,176,036

Bethlehem

New

1946

43

District—Philadelphia-

Wilkes-Barre

Our

parative summary for the week follows:

Week Ended Nov.

Week Ended Nov. 22

1947

$

compared

'">3'

CHRONICLE

—.

„

—

17

969,405,063

+

9,710,159,936

4

"i

44

THE

(2248)

A.

The condition statement of weekly reporting member

Commercial,

industrial,

agricultural

and

loans

banks.

securities decreased
Real estate loans increased $25,000,000.

in¬

Butte

Indiana

banks, and

$20,000,000 in

decreased

lien

ref.

1989

Co.,

1st mtge.

of New

B/G

Pa.—

Dec

1948

Baker

1
1

1835
1885
1886
12142

Interstate

Gas

lien

1st

ref.

&

1st

bonds, due

5%

ref.

A, due

ser.

4%

20-year

bonds, due 1967

debentures,

due

York

1st

Gas

Electric

&

5%

mortgage

Purchase

Blackstone

1995

Light,

bonds, due

Anytime

Heat

Power

&

J2004
t2004

5 Vis, due

mortgage

1960,

and

due

1968

Dec

1

1894

1

17J2

2

1260

5s,

stock—.*

•Announcement

this

in

issue.

Dec

23

Jan

Weishach Engineering & Management
Collateral trust 5s. due 1953

Borrowings decreased $151,000,000 in New York City,

$2

1

IVol.

ilVol.

165.

A

*

millions

(In

dollars)

of

Inc. (+) or

Nov. 19,

Nov. 12,

1947

1947

which

Nov. 20,

ord

and

Investments—total

64,924

Loans—total

22,874

Industrial,

to

for

dealers

Real

obligations

Other

—

70

—

—

31

+

439

180

3,707
2,969

—
—

—

+
+

+

2

+

+

—
—

8

+

4,221

—

2

+

Federal

Banks

Reserve

237

+
+

43

817

with

banks

domestic

2,461

+
—

—

22

+

Demand

U.

deposits adjusted

47,622
14,514
1.117

deposits

+

+
—

347
18
69

+
+
—

1.377

,—

88

+

3

+

+

to

interbank

preferred

Inc.

414%

Products

Y.i

RR

deposit

and

U.

accounts

S.

Govt,

201

except

—

225

Altoona

1,196
603
2,656

&

Ameraua

Corp.

pfd.

Co.

of

Ry.

Can

American

District

Line

Co. 7%

called

under

redemption,

pfd.

preferred

Telegraph

sinking fund provisions.

$1.75

(year-end

$1.65
25c

OF TENDER

NOTICES

I>ate

Company and Issue—
American

General

Bush Terminal

Corp.,

common

Buildings Co., 1st

mtge.

bds..

due

31

1960_Dec
Dec
Dec
Dec

1

1990
1991
1992

Caribbean Sugar Co.,
preferred stock
Curtiss-Wright Corp., class A stock
Distilling Co., Inc., common stock
National Union Mortgage Corp.—
20-year collateral trust bonds, ser. A, due 1954
Dec
Philadelphia Transportation Co.—
Consol. mortgage 3ft-6% bonds, series A, due 2030_Dec
,

Logansport

1
3
15.

Power

®(Dfl1ding
United
West

(A.

G.l

3s,
&

due

1971

Bros.;

Wallpaper Inc..

Disinfecting Co.,

—

debentures.

4%

234%




conv.

1349

Mill

(stocx

2102

Anaconda

Anaconda :Wire
Andes Copper

1892

Angostura-Wupperman Corp.

1790

Arizona

t

Co.
Co.

Constable

Associated

com.

1-

2

j.2-

1-

2

12-

12-

Spring Corp.

2-15

2

12-

1-

2

12-

1-

Greyhound

Autocar

Company

Corp.

4%

12-23

12-

12-

12-15
1-

2

12-16

12-

$1.50

(quar.)

.

"'

$2.50

3-

2-

1

com

2-

12-*5

12-26

12-10

1

1-

1

11-15

12-16

12-

2

2

12-lG

12-

2c

12-

1

11-15

87 '.2C

1-

2

12-10

1-

2

12-10

Co

pfd.

(quar.i

$1.50

Mills

(quar.)

12-31

12-10

40c

(resumed)

12-19

12-

2

5c

Co.

(N.

Y.i

1-

2

12-10

1-

2

12-10

1-

45c

iquar.i.

&

Quincy

2

12-15

2 '/2c

12-20

12-10

12-20

12-10

$3

(quar.i

RR

12-24

12-12

12-15

12-

1

12-15

12-

1

75c

year-end

1

$2

$1.75

com.

12-19

12-

5

1

(quar.)

Co
Orleans

&

pfd.

Texas

(quar.i

Pacific

$1

__

1-

2

12-15

Ry.
12-18

12-

6

9-

1

$1.25

12-

&

Street

Railway

Suburban

$1.50

12-18

12-

8

iquar.i

30c

12-15

12-

5

17 Vic

1-10

35c

12-10

12-

25c

12-31

12-11

30c

(quar.)
Co.
Gas

series

(quar.)
&

A

Bottling

Electric

Y.)

(N.

(year-endi

Coppermines
Edison

Co.

12-10

12-

1

12-22

12-

3

12-22

12-

3

of

50c

12-31

12-15

20c

12-18

12-

5

1-

6

(year-endi

pfd. 1 quar.i
Corp. (initial»

Co.

$1.25

2-

2

10c

12-

4

25c

(year-endi

Co.

Co..

E.

&

1-

5

12-10

90c

(quar.)

12-10

12-

1

12-15

12-

1

55c

12-24

12-13

1-

2

4-

50c

$1.25

pfd. laccum.
(initiali

1

12-17
3-17

$2.50

12-19

12-

25c

12-20

12-10

25c

1

12-31

12-18

Cigar Corp.

Coal

&

Coke

(irreg.)
Class A tquar.i

5

50c

12-24

12-10

125c

12-81

12-15

12-31

12-15

Co

T

Inc.

Motor

$2

(s-a)

Co.

(quar.i

Inc.

12-

5

$2

12-15

12-

1

25c

12-27

12-12

50c

Hotel,

12-15

12-27

12-12

12-30

12-20

25c

Theatres

Home

Corp

Stores

Glass

20c

1-

6

12-15

90c

12-15

11-29

125c

1-15

12-29

(extra)

Co.,

Ltd.,

com.

(quar.i

140c

preferred

(quar.)

Corporation

1-15.
1-15

12-29

150c

(quar.)

1-15

12-15

1-

2

11-29

1-

2

11-29

(quar.)

3%%

Co., common

preferred

75c

93 %c

Sulphur

Brewing Co.

12-15

12-

5

$1.75

(quar.)

12-19

12-

5

(year-end)

30C

;

2

12-15

12-20

12-10

-

(extrai.

$1

Co.

(year-end)
(s-a)—...

1-

$1.75

■»

(irreg.)

Brewing Co.

Texas

pfd.

(quar.)

Products

12-29

135c

Ltd.

$1

Industries

Power

B.

2

12-10

12-20

150c

Duquesne
DuvM

1-

11-24

25c

(quar.i

(extra)

Frere, Ltd.

Dunn Steel

'

12-31

35c

(year-endi

Corp.

1-26

$2

(year-end)

5%

12-31

90c

(quar.i

Publishing

Press, Inc.

11-28

$5

Corp.

Sexton

Gas

12-15

(liquidating)

America

Tobacco

12 V2c

Year-end'

7%

5

$1

Industries

Wagon Co.

Witt

Duke

12-26

37'/2c

Corp

Engineering

Petroleum

Dresser

2

25c

Solvents

Products Refining

Draper

4

Co.

(quar.i

Shoe

G.

12-

(quar.i

Co.

Chemical

W.

12-

(s-ai

Mills

Counties

&

11-15
11-29

Homes

Worsted

pfa.

8-14

1

12-15

15c

Extra

12-30

12-27

1-15
12-

40c

$1.25

7%

1-30

$1

12-16

12 '/2c

3.50%

Dominion Square Corp.,

1

50c

12-30

(quar.i

Dominion

1

12-

8

12-16

(quar.)

District

12-1

12-10

8

12-

12-30

preferred
preferred

Dixie

5

12-

12-

35c

5-15

Diebold,

1

12-

12-19

12-23

Extra

5

12-15

11-12

12-23

2-14

Diamond

12-15
12-

1

12-31

(quar.i

(quar.)

Corp.

3

12-22

12-

25c

1

De

5

12-12

11-12

1

Davis

12-12
12-

11-12

1

50c

Bo.nus

5

12-22

1

12-

6-

David &

G

12-19

12-

(quar.i

Warehouse

Molybdenum

12-15
12-

12-10

7*:

pfd.

com

3-

Cuneo

12-10

12-22

1

t75c

137c

Ltd.

$3

Cumberland

1

12-20

1

12-

$1.25

Cuban

4

20c

5^-non-cum. pfdiV(s-a)_^
Atlantic

Co.,

Cuban Atlantic Sugar com.
5%
preferred (quar.)

12-15
12-

12-

$1.25

D.
2

12-12

2

12-22

50c

(quar.i

Power

Crowell-Collier

4

30c

1

1

1-

9

(quar.)

Creo'e

lz-15

L-

$1.06 »/4

tquar.i..

12-

(quar.)

Cribben

11-29*

12 Vic

;

2

preferred

Creameries

12-29

1-15

2

$1

pfd.

(quar.)

1-

9

1-

preferred

Corn

4

2

$1.25

<quar.)__

t55c

(quar.i

1-

$1.25

Continental-United

8

12-17

1-

25c

(quar.)

12-10

2'/2c

Covered

3

ioc

(irreg.)

2

(quar.i

Eank & Trust

Conso'.iated

5

$6

Atchison Topeka & Santa Fe
Ry. com
1259

12-

1-

$1

(year-end)

Corp.

Special

.

12-15

5oc

(quar.)

Cork

Ashland Oil & Refining 4J/4%

1894

—Dec 31
-Dec

Edison

Co. (year-end)
(year-end)
(year-end)

1-

f30c

com.

Hosiery

Consolidated

1

$1

Cable

2

J31 V4c

common

Mfg.

Co.

Co.

Consolidated

12-15

$1.50

(quar.)

2

2-

Machinery (quar.i
Consolidated Cigar Corp.
(quar.i

12-15

12l/2c

(quar.)

Mining

Mining

preferred

u-

2

loc

2105

&

1-

11-30

2-

5c

Compo

1

12-26

12-15

f50c

Year-end

12-12
12-

12-10

30c

Commercial

12-12

12-15

2

$1.60

Coca-Cola

2

12-23

1-

13:,'»c

Copper

—

(quar.)

1888

Copper

1-

12-15

50c

1579

1894

12-23

$1.50

(s-a)

12-10

11-21

(quar.)

preferred

4%

Tobacco—

Ampco Metal, Inc.

1894

1-15

t>oc

pfd.

12-17

2

(quar.i

Storage

West

Coast

12-11

20%

(initial)

2

1-

(quar.i

(quar.i

Ltd.,

Food

Detroit

Clorox

12-ii

2

30c

Sumatra

Armstrong

Ltd.

Clopay

11-28*

2

$1.12'/a

(Indianapolis)

1-

12-15

31 '/4c

iquar. 1.

(quar.)

Cleveland

Co.—

Insurance

12-17

m

Climax

ai-28*

1-

2ac

dividend)

2

7$1.2o

New

City

1

1-

$1.25

(quar.)

States

common

Arnold

12-10

$1.50

(year-end)

Corp,

Tobacco Co. 6%
p.d.
American Vitrified Products pfd.

$5

12^10

10c
(accum.i__

1-

15c

common

Kennedy

preferred

5%

12-12

50c

Light $6 pfd.

12-17

5%

12-15*

2

50c

(irreg.)

American

1997

12-

2

1-

$1.75

a

(initial)--

com.

(increased)

American Thread Co. .5%

1804

5

1-

25c

com..

Quarterly

preferred stock —.i--Dec 15
1961—---Jan
1

debentures, due

Co.

B

(quar.i

Mfg.

Maine

1

12-

5

12-16

75c

Cincinnati

12-10
1*,-

35c

laccum,)

preferred

New

2

5

11-20

12-

5%

12-10

1-

2

5%

3

$1.75

uuUuii.

Corp.

&

Rolling

American

Page

2

12-

1-

2

Common

1

$3

republic

Ommon

REDEMPTION

Date
Company and Issue—
Central Terminals. Ltd.—
1st mtge. 5% deb. stock and bonds due 1959—^
Dec 31
Bolivia Ry„ 5% mtge. & collat. trust inc. bds., ser. A.Jan
1
Cleveland Graphite Bronze Co., 5 % preferred stock
Dec 30
Cooper-Bessemer Corp., $3 prior preference stock
Jan
9
Elk Horn Coal Corp.. collateral trust 4s, due 1956
Dec
1
Hanna (M. A.) Co., $4.25 preferred stock
-Dec
1
Mading Drug Stores Co., 5% debentures, due 1961
Dec 15
Metropolitan Ice Co., 7% 1st mtge. bonds, due 1954—Jan
I
Midi RR. Co.. 4% bonds, foreign series, due 1960
Dec
1
110 So. Pennsylvania Ave. Corp., 1st mtge. 6% inc. bds. Dec
1
Piedmont & Northern Ry., 1st mtge. 33/4s, due 1966—Dec
1
Pittsburgh Steel Co.—
1st mtge. bonds, 4 Ya% series, due 1950..,
Dec
1
1st mtge. bonds, series B,
due 1950—,:
Dec
1
1st mtge
bonds, series C. 4%. due 1950-;
Dec
1
Southern Counties Gas Co. of Calif,—

mortgage

com

(s-ai

preferred

6%

1-

50c

<quar.i__

4V2%
preferred (quar.)
Amtffcaii onuix Co. eom.__

Algoma

1st

Co.

Products

Phenolic

American

1996

12-24

1

12-23

Co., Ltd.—

Co.,

Gas & Electric 4%

12-17

12-

12-

c

1-

'quar.i

Cincinnati

11-13

2

12-

60c

American

2106

15

1

1-

12-15

25c

preierred

American

22

Co.

(quar.)

Maize

American
$5

12-

50c

Locomcive

preferred

American
PARTIAL

Machinery

Series

Cincinnati

8

11-21

1

31V4c

(quar.i

Chicago Burlington
Chicago Towel Co.

I2-10

60c

Special

14«9

12-

12-

55c

1

Extra

8

10c

monthly 1

1

(year-enu)

American Optical Co.

Page

=.—Dec

stock

2

12-

12-15

1

(irreg.

common

preferred

Cold

Chemical

12-8

12-15

12-10

2

Cherry Rivet Co.

9

50c

7% pre*erred (quar. )
American National Finance
$6

1-

$1.25

(quar.)

Year-end

given in the "Chronicle."

were

12-26

12-31

$1.25

(quar.)__

(quai.)

Products

Co.

Laundry

American

which the details

1-2

J.)

Extra.

ing tenders, and the page number gives the location in

12-

$1

Ice

American
7%

12-22

2

2

Cloth

conv.

pfd.

Chile

2

1-

12-

Extra

12-15

6

12-16

12-

(quar.i

(Philip)

7%

6

1

t25c

Chadbourn

11-20

12-

1-

55c

Common

11-24

12-24

(quar.)

(N.

Derrick

&

Home

American

last date for mak¬

12-10

12-i0

25c

Hoist

American

those

21 '2

(year-endi

12-

12-

12-10

$1.25

9

75c

5%

Additional

Including

30c

15c
(quar.i

5

12-31

50c

Service

&

6%

5

1"-

30c

(year-end)

Inc.

Hardware Corp.

The date indicates the redemption or

12-

1-2

75c

(Del.i_

Extra

for

12-22

12-23
12-

$1.37 Va

iqaa.M

(interim)

Baxter

Central

12-16

40c

Co.

(quar.)

Barge

Busnnes,

American

called

2

12-10

12-23

12-11

Co.

19-16

40c

preferred

American

$1.50

o

5

1-

12-10

12-19

12-11

Bronze

Wire

Central

n-10

12-

2

100%

common

American

stocks

12-

$1

Chemical

Note,

dividend)

(extra)

corp.

Notices
common

i

1-

50c

(stock

European securities

and

1-

12-L'O

12-19

50c

(quar.i

preferred

preferred

Central

Co.—

(quar.)

Inc.

Redemption Galls and Sinking Fund

preferred

12-.*:

1

12-15

25c

Cottons,

12-12

2

10c

Extra

j$2

America

American

bonds, notes,

2

1-

60c

Preferred

4

1-

12-15

31»/4c

(quar.i

Wire & Cable

Central

4

11-20

12-30

12-

Water

Castleberrys

12-27

11-20
12-

12-11

Co.,

pre.erred

5%

1

25c

preferred

B

Carey

1

12-

12-15

25c

(quar. 1

Year-end

I2-10

40c

quar.)

* ear-end

list of corporate

2

12-

$1.60

Electric

American

a

i-

12-

3/Vic

(increased

Industries,
Petroieum

American

be found

12-31

12--4

$1.06'/4

(quar.)

Valley

American

Below will

H.i

Carey

1

12-24

$1.05

(quar.)

(extra)

Bank

6%

12-

50c

Ltd.

American

23,702

during week

12-15

$3

(quar.)

Dye

Agricultural

accounts,

(P.

Carborundum

1

$3

(quar.)

&

Logan

Aluminum

1

12-

75c

(quar.)

Semi-annual

27

T2-15

12-

$3

(s-ai

(quar.)

non-con v.

6%

1

fa0c

Aluminium

222

+

A

pfd.

$1.75

Co.

—

(irreg.)

$4.20

com.

Chemical

Aliied

116

Co.

preferred

Allied

(N.

(irreg.)

American

demand

$1

is-ai

common

Canadian

Holderi

12-

$1.25
Co.

Southern

stock

Power

Alaen's,

Borrowings
Debits

panic,

Ordinary

Aluminum

Interbank demand deposits:
Domestic banks

banks

—

10,090

Govt

except

Government

Foreign

Great

&

Special

deposits,

S.

(quar.)

Insurance

6%

When

12-15

25c

3

11-29

(quar.i

Canners,

Engineering—

preferred

Alabama

Liabilities—

Time

(quar.)

12-

12-31

(quar.)

Corp.

Canadian

Payable of Hec.

20c

com

12-20

Extra

50c

Standard

5 %

732

55

12,417

Cash in vault

—

Bearing

Agricultural

298

Other securities

—

Roller

5

75c

12 V2c

Class

are:

Share

Axauama

392

+

week

12-

(quar.i

Battery Co.

Capital

this

Company

&

preferred

Aetna

170
2,986
2,877

2,029

Ball

5%

750

+

3,765

announced

special

65

30,994

indebtedness

dividends

8
5

12-12

50c

Department" in the week when

Per

991

2

Sons

&

Co.,

Bolt

ccnv.

5%

1-12
1212-

$2.25

Trust

Capita. T.a isit Co.

Name of

8

25

+

J.i

Canadian

rec¬

dividend payments in many cases are given
company name in our "General Corporation

Investment News

Aetna

483

234
2
233

notes

bonds

with

Further details and

2

12-23

Cal'fornia

in

declared.

2

1 041

of

tne

table

2-

11-25

12-16

50c

previously announced, but

574

3,350

Treasury

Reserve

19
29

+

3,372

loans

Balances

—

515

loans

Treasury
S.

+

374

securities

bills
certificates

U.

60

432

-

Loans to banks

Treasury

+

under

second

1

50c

Class

Inc.,

preferred

5%

12-

50c

C. I. T. Financial
(quar.i
California Cotton Mills (quar.i

pur¬

securities

estate

6

1,287

of past

and

Other loans for purchasing or carrying:
U. S. Government obligations
Other

5

a

1

v20

1

25c

Brock yn

Butler

with

iz-

Corp

preferred A

Canada

snow the dividends

we

The

Government

pther

—

carrying:

or

S.

U.

and

brokers

+

13

agricultural

and

loans

chasing

—

14,212

Commercial

Loans

—

follow

we

which have not yet been paid.

1946

Assets—

Loans

Then

week.

1

$1.60

Buffalo

are grouped in two separate tables.
In the
bring together all the dividends announced tne

current

Dec. (—) Since

12-

5c

(E.

7%

164

Dividends
we

11-29

$1.25

Bucyrus-Erie

995

DIVIDENDS
first

12-

12-15

$3

Extra

member banks follows:

12-10

12-15

12-15

(quar.)

Mills,

Burgess

of the assets and liabilities of reporting

summary

W.i

Broadway Market

$42 000,000 in the City of Chicago, and $31,000,000 in the
Cleveland District.

12-31

(s-ai

Telegraph & Messenger Co.
Brown-McLaren Mfg.
(quar.)

Corp.—

1*
6

Valley Gas & Electric—

Extra

Puget Sound Pulp & Timber Co., 6% preferred stock—Jan
Ltd., 1st mortgage 5s___Jan

the Atlanta District.

(quar.)

Brager-Eisenberg, Inc.
(quar. 1
Br.dgeport Brass Co., 5Vi% conv. pfd.
Brillo Mig.
Co., common

Peoples Gas Co.—

12-

$5

Extra

1996

12-15

12-15

12-10

__r

Brach

1687

11-29

12-15

10c

preferred (quar.)
Bowling Green Fund (quar.)

Co.—

2

12-

(quar. 1

$1.25

2106

1-

12-31

<vs car-end >
Industries

Woven Hose & Rubber, 6%

Botany

1948

Theatre Properties (Hamilton),
Warren Brothers Co., class A

Co.

Ground Rent

Extra

1

12-15

50c

Boston

_Dec

11-29

12-29

1

Boston

J2O04

9

12-20

2'/2c

Hotel

Malleable

Diamond

Dec 20

8

12-

50c

j^oud Stores, Inc. (quar.)
Borden Co.
(year-end)
Boston & Albany RR. Co

1790

bonds, due 1949
Any time
Niagara Falls Hotel Corp., 4,/2% mtge. bonds due 1950__Jan
1
North American Refractories Co., 6V2 %
debs, due 1959_Jan
1
1st

O'l

(E.

8

12-

37'/2c

(quar.)

Extra

*

4%

money

Bliss

12-

11-15

10c

Appliance

preferred

Any time

1966

due 1948
New Orleans, Texas & Mexico Ry.—
Non-cumulative
income
bonds,
dated 1916
New

1356

Dec 26
Dec 31

5s,

mortgage

Corp.

(init'ali

12-10

2

12-27

$1

Corp.

Franklin

1

Blue

1-

1

12-15

25c

common

(quar. 1

Harbor

B.shop

Co.—

Gas

consolidated

$1

(N. J.i

Year-end
Benton

1891
1891

12-29

12-

$1.50

Home

1890

1
1

11-25

20C

Optical,

Aviat;on

1890

Jan
1967—Jan

3V4s,

Amsterdam

1st

Insurance

(s-ai

Terminal

Bendix

6%

series C, due 1961
Moore-McCormack Lines, Inc., $2.50 preferred stock
Mount Vernon-Woodberry Mills, Inc.—
New

Lomb

Dec

1951

2

15c
&

Bend.x

2102
2102
1579

2

50c

Works

Life

preferred

Bay way

1354

1-

10c

(a-at

Extra

Co.—

mtge. 50-year 5%

mortgage

National

4%

1-

12-19

$1

Extra

bds.,

6%

(quar.)

Co

$1

Body Co.

Co.—

Electric
&

Terminal

11-28

30c

Batavia

Feb

ext". mtge. bonds, ser. A, B and C, due
Laughlin Steel Corp.—

&
&

1st

&

collat.

& gen.

Ref.
Jones

mtge.

1

12-10

Inc.

Locomotive

1
1

Jan

1

12-

T.i,

Rau.ang Co.

Benjamin

1950

12-

12-10

12-15

25c

Wncox

&

Bauoch

due
1963

A,

12-15

40c

(quar. 1

Bankers

York, Inc.—

bonds, series

30c

Corp.

Inc.

(B.

fja.dwla

due

5%

(quar.)

Co.

Machine

Additional

1

Jan
Jan

Alarm

Voting

Foods,

Baucocx

Jan

Fire

Holdert

Payable of Rec.

35c

Babbitt

1885

1

1951 Dec
1
1951—-Any time

due

5s.

When

Share

Extra

Automatic

Corp.—

mtge.

Jacksonville

Louis

St.

&

1st

Demand

the

Power

Service

1st

City and $88,000,000 at all reporting mem¬

District and $19,000,000 in

1350

Jan
of

ser.

1958
Jan
2
3Va% 1st mtge. bonds, due 1965.Doc
1
Eastern Minnesota Power Corp., 5'/2%
1st mtge. bds..Dec 18
Follansbee Steel Corp., 4'/2%
income conv. debentures-Dec 31
Home (Joseph) Co., 6% preferred stock
Dec 15

deposits credited to domestic banks increased $92,000,000

ber

Electric &

debentures,
Duquesne Light Co.,

deposits adjusted increased $180,000,000 in
City, $79,000,000 in the City of Chicago, and
$50,000,000 in the Kansas City District.
United States

in New York

convertible

3V2%

$70,000,000.

$69,000 000.

Stores Corp. of
debentures, due

Consolidated Edison Co.

Demand

decreased

optional dividend

Writing Paper Corp.—
mortgage bonds, due 1961
Atlantic City Gas Co.—
1st lien & ref. mtge. 5%
bonds, due 1957
1st mtge. 5%
bonds, due 1960
Buffalo Niagara Electric Corp., 2!4%
debs., due

New York

deposits

stock,

General

Holdings of Treasury bills increased $168,000,000 in
New York City, $47,000,000 in the Chicago District, and
$234,000 000 at all reporting member banks, and de¬
creased $20,000,000 in the San Francisco District.
Hold¬
ings of Treasury notes decreased $104,000,000 in New
York City, $62,000,000 in the Chicago District, and $233,000,000 at all reporting member banks.
Holdings of
United States Government bonds decreased $45,000,000
in New York City, and increased $18,000,000 in the Chi¬
cago District and $17,000,000 in the San Francisco Dis¬
trict; at all reporting member banks the net decrease
was $8,000,000.

Government

1

Automatic

Power

A

Department

4%-6%

Name of Company

Page

1936..Dec 31

Inc., 6% conv. notes
& Light Corp.—

Co.,

Monday, December 1, 1947
Per

Date

American

Loans to brokers and dealers for purchasing or

Government

Paper
Cities

class

American

creased $45,000,000 in New York City, $14,000,000 in the
Dallas District, and $60,000,000 at all reporting member

carrying

W.

Serial

decrease of $225,000,000

a

P.

American

System in leading cities
shows the following principal changes for the week
ended Nov. 19: Increases of $237,000,000 in reserve bal¬
ances
with Federal Reserve Banks and $347,000,000 in

deposits adjusted, and
in borrowings.

CHRONICLE

Company and Issue—

banks of the Federal Reserve

demand

FINANCIAL

ISSUE CALLED

ENTIRE

Condition Statement of Member Banks
;

&

COMMERCIAL

12-12

„.

.

.

,

3c

v

12-

12-31

75c

12-10

12-10

12-

5

I

Volume

Number 4651

166

THE

Per
Name of Company

Share

Malleable

Mfg.

Edison

Co.

Payable of Rec.

Name of

Class

A

Hubbell

11-28

12-20

12-

12-10

11-28

25c

5

Industrial

1-10

12-26

Boat

1-10

12-26

12-15

11-28

12-12

12-

Electric

Hose

&

Electric

&

American

Electrical
Electro

Rubber

Musical

30c

11-26

11-19

shares

dividend

Stock

6c

(Ca).U'.i
&

(quar.)

Common

(increased

Common

7%

&

25c

quar.)

Derrick

Common

50c

4%

4%

12-15

2-20
3-31

6-30

Kansas
6%

pfd.

6%

non-cum.

6%

non-cum.

9-30

12-22

12-

Williams

Corp.

4

4

12-13

12-

12'/2c

12-30

12-19

12-30

12-19

I2V2C

(quar.).

(quar.)

-

Extra

Ex-Cell-O Corporation
Fabricon

Products

15c

(year-end)__.

100%

(stock dividend)
P.ayers Canadian (increased quar.)
Bake Shops, inc.
(year-end)

Family

Finance

Famous
Federal

1-

65c

(quar.)_

Corp.

2

United

12-20

12-20

$1

12-10

12-

Cap

Ferry

Set

&

12-10

12-

1-10

12-24

12-17

Fiduciary

Trust

Financial

50c

(year-end)
of New York iquar.)__

Industrial

Co.

30c

50c

Florida

Power

Hotels

Ford

12-19
12-19
12-15
1-

12-

2

1212-

12-12

preferred
preferred
preferred
prior preferred
prior

12-24

$1.50

(quar.)

1-

2
2

1-

37'/2C

(quar.)_

2

prior

(quar.)

37V2c

4-

1

(quar.)

37 V2c

7-

1

6-15

(quar.)

3 7 Vac

10-

40H Madison

Ave.

Fox

(Peter)

Brewing

FOX

St.

Louis

Co.

Franklin

(Benjamin)
Co.

Gabriel

pfd.

$3

12-

1

11-25

1-

2

12-15

$2.50

(accum. i_

12-

12-19

10c

preferred
Corp.

(quar.i

12-31

12-15

12-31

12-15

20c
20c

—

2c

(quar.i

4c

Extra

5 %

Stock- dividend
Builders

General

Supply

convertible

5%

Candy

Corp.

Coal

Investment

General

Electric

Instrument

General

Mills,

General

Phoenix

General
67©

Co.

Inc.,

(quar.i

-

Co.,

(quar.i

com.

Glen

1

$1.50
21

y»

c

Coal

12-20

X12-30
12-20

Co

50c

class A

1 quar.i

10c

—

Stock

Grand Rapids

Telegraph

Lakes

Power

Great

Lakes

Terminal

Corp.

A

30c

12-10

t5c

iquar.i

&

$6 pfd.

Company

F.)

—

12-

12-29

$1.50

Printing Co,

$1
30c

$2

Co.

——

Nachman

E.)

Hercules

Powder

Dauch

Co.

1

11-20

1

11-20

National

11-20

National

Extra-Hinde & Dauch Paper Co. of

A

(extra)

(A.h &

—

Son

8

5
5

6%

National

com.

Gold

11-29

New

1

11-25

New Haven

12-

1

11-25

12-

1

11-25

25c

Mines,

1:6c

6

12-

5

12-30

12-

12-20

1212*

8

$1.12»/2

pfd. (quar.)
Hotels; Statler Co, (year-end)

12-30

12-20

75 c

Houdaille-Hershey Corp. com.
$2.25 conv. pfd. (quar.)

(year-end)—_

Household Finance Corp. com.

(quar.)

50c
56 Vic

pfd. (quAr.)___

50c




New

12-10

12-20
1-

2

1-15^

12,
12-

1

12-31

1-15

12-31

50c

12-29

12-12

12-29

12-12

62

'/2 c

1-

2

12-10

12-23

12-10

11-28

12-20

12-

12-

5

8

12-

1

1*15

11-20

11*20

60c

1-

12-19

12-10

12-15

11-29

12-

12-15

12-

5

12-23

12-

9

20c

1

1-

2

12-15
1-

11-21

12-15

11-26

9

12-18

11-29

11-24

11-29

1-

2

12-15

12-29

12-19

3772c

12-19

12-10

12-

3

12-31

12-15

12-30

12-15

1*

2

12-15

12-20

12-10

Inc.—
12-26

12-12

12-26

12-12

50c

25c
75c

12-19
1-

2

12-12
1-

2

12-15

1-15

50c

12-22

12-

4

12-17
12-

1

12-15
121-

5
9

12-

1

11-15

$50c

lr

2

12-

5

50c
50c

(year-end)

1*15

12-15

1212-

8

50c

12-19

12-

8

25c

12-20

12-

4

12-20

12-

4

$1.50
(N.

Y.i

Insurance

2

1-12

(quar.)

13c

2

12-15

11-28

1-

11-24

1-

2

12-15

Clock & Watch Co.—

conv.

pfd. (quar,)

2272c

Jersey Worsted Mills
Jersey Zinc Co. (year-end)
York & Harlem

RR.

10%

2

pfd.

(s-a)___

12-15

(year-end)

York: State, Electric & Gas Corp.—
3%% pfd. (quar.)—

12-12

12-

$3.50

12-10

12-1

5

com

93%c
50c

$1.0614

1-

2

12-18
1-

1

12-10
12-

5

Paper

2

12-10

1-

2

12-10

40c

8

12-

2

12-15

12-

2

25c

(quar.)

12-10

11-24

12-10

11-24

$1.25

Chemical

Mines,
&

1-

2

1-

2

12*

93%c

(quar.)

1-

2

12-15

(year-end)

60c
15c

Trust

12-12

Y.)

12-

5

11-29
12-15

1-

12-19

2

1-2
12-15

1-2
12-

5

25c

1-

2

12-20

$2

1-

2

12-20

(year-end)

1-10

12-12

$1.50
$1.50

(quar.)

2-25

25c

pfd.

2-28

$25c

12-15

12-15

50c

(quar.)

30c

5c
2c

Corp.

1-

2*

1

1-16
12*

1

12-

8

1

12-18

12-10

12-

1

12-31

12-19

12-10'

11-25

12-10

$1.31 V4.

11-25

2- 2

1*10

12-31

12-10

50c

12-10

12*

1

$1

12-15

12-

5

10c

12-15

11-29

107c

common

pfd. A (quar.)
Stoker Corp.
(quar.)
Cable Corp. com. (quar.)
pfd.

8

2

$1

20c

conv.

1

12-

1-15

$1.75

com

Corp.

Textile

1

—

pfd. (quar.)
(quar.)

Extra

15c

(quar.)

1-

2

Metal Works

1-

2

12-10

30c

12-22

12*12

12-22

12-12

30c

11-25

11-15

70c

Art

30c

12-10

90c

Ronson

11-25

11*15

(quar.)

Extra
Ross Gear & Tool Co.

(quar.)

Extra
Rosser

&

Pendleton,

Inc.

(s-a)

25c

Extra

1-

2

1-

2

12-10

12-10

11-28

25c

Corp.,

new

(initial

common

12-10

20c
30c

quar.)

Extra
Ruberoid

Co.

12-10

11-28

(year-end)

$1

Russell

Manufacturing Co. (quai\)
Manufacturing Co
Safety Car Heating & Lighting Co.,
Quarterly

12-20

12-

5

37'/2c

12-15

11-28

25c

12-11

12-

1

$1

12-23

12*

5

$1.50

Ruud

5

Inc.—

Extra

Pulp &

Paper

(quar.)

Louis

Public

Service

4%%

Works

12-

12-

1

11-22

12-

1

11-22

25c

com©

(quar.)

12-15

50c

12-15

12-

1

41 Vic

St. Louis Rocky Mountain & Pacific
Sanger Brothers 5'/27© pfd. 4quar.)

Jose Water

12-23

15c
25c

Helen's

Extra

12-15

12-

5

50c

1-

2

$0.296875

pfd. A

Savage

1-

tl'/2c
(N.

12-

12-20

25c

Ltd

Revere Copper & Brass 5V47c pfd.
(quar.i-.
Reynolds Metals Co. (stock dividend)

12-

1

Arms Corp.
(year-end)
Company
(quar.)

Schiff

12-8
12*

12-15

(quar.)

Extra

San

12-27
12-31

Republic Realty Mortgage (annual)

12-

1

12-10
11-20

25c

12-18

12-

25c

12-15

11-29

75c

Extra

12-15

11-29

8

Scruggs-Vandervoort-Barney, Inc.—
Common

(quar.)
preferred A

$4.50

15c

Water

Service

1-

2

12-20

$1.12V2

(quar.)

Scranton-Spring Brook

1-

2

12-20

Co.—

Common

4.10%

17'/2c

pfd.

Seaboard

$2.60 .conv.
Seeman

pfd.

Bros.,

12-15

$1.02'/2

12-15

35c

1-10

12-15

65c

1-10

12-15

25c

(quar.)

Finance Co.

12-15

com

(quar.)

Inc.

(quar.)

Seiberling Rubber Co. 57©

pfd. A

(quar.)

(R.

12-

4

1-

2

12-15

1-

2

12-15

12-

8

12'/2c

dividend

tax

11-28

5c

Sharon Steel Corp.
Shawinigan Water & Power (quar.)
Shell Union Oil Corp.
(year-end)
Sheller Manufacturing Corp. (year-end)
Sick's Breweries, Ltd. (year-end)

12-11

12-

3

50c

12-31

12-12

130c

2-25

1.-16

$1.50

Co.

(quar.)

12*

12-15

12-

12-26

11-27

$1

Pattern

12-16

25c
J25c

Simmons Co

12-16

12-

10c

Year-end

20c

Smith-Alsop Paint & Varnish 77« pfd. (quar.)

8'7V2c

Sommers Drug Stores conv. pfd. (initial
quar.)
South Penn Oil Coi (quar.)

12V2c

12-24

5

3

5

12-10

12-24

12-10

12-

1

11-20

1-

1

12-15

25c

com.

87©

pfd.

8%

pfd.

12-16

1-

2

12-16

1- 2

12-16

$2

1- 2

12-16

2

12-15

10c
2,y2c

12-31

12-26
12-26

12-31

12-26

25c

1- 6

12-15

50c

($25 par)
(initial quar.)
($100 par) (quar.)

5

1- 2

50c

Extra

5

$1

(quar.)

12-

18%c

Rico Sugar

12-

12-19

$1

Porto

12-19

$2.50

Extra
South

5

B.), Inc.—

Mexican

Simplicity

5

12-

$1.12.

pfd. (quar.)
Selby Shoe Co
Less 8%

12-

$1.25

4'/2%

2-

Springfield Fire & Marine insurance Co.—
New- common

Standard

(initial)

Factors

Corp.

4772c

(quar.)

common

Extra
75c

preferred

(quar.)

Standard Steel Spring Co. com.
47© conv. pfd. (quar.)

Stanley

Stoker Co.

Works

(year-end)

(year-end)

75c

(quar.)

50c

Extra

1

1-12

12-23

12-12

1-

5

11-28

1-

5

11-28

1-10

12-11

12-12

12- 5

12-20

12-10

75c

Co.

12-20

25c

(irreg.)
(quar.)

Extra

Superior Steel Corp.

(quar.)

Sylvania Electric Products, Inc.,
preferred

12-15

11-29

Technicolor,

12-15

12-

5

Tecumseh

50c

12-22

12-

5

Nopco

60c

12-18

12-10

12-19

12- 9

1

1- 2

12-20

1* 2

12-15

(year-end)

1

Transmission

com

30c

12-

50c
Co.

Temple Coal Co. $6 pfd. (accum.)
Gas

12-15

$1

Inc

Products

12-15

2

25c

Taylor Instrument Cos. (quar.),
Taylor-Wharton Iron & Steel

15c

1- 2
1-

35c

common—

(quar.)

12-19

20c

12-10

25c
25c

Year-end

Tennessee

12-31

25c

Corp.

Sunstrand Machine Tool

$4

1-

75c:

50c

Niagara Share-Corp. class B (year-end)
Niles-Bement*Fond' Co.^___^___
(year-end)
Co.
(year-end)

12-12

1-

12'/2c

Stewart-Warner

12-10

12-12

2

$1.50

2nd

Strouss-Hirshberg

2

2

1-

$ 1.121/2

pfd. A

com.

47c

4

lr

4

1-

(quar.)

Extra

Noma Eleetrio Corp.

Chemical

Co.

5

12-19

12-

(quar.)

12-

12-19

1

12-18

10%

Co.

12-

25c

12*

50c

12-24

50c

12-15

I772c

Bank

12-15

$2.50

(quar.)

Dome

Reading Co.

St.

1-2

30c

40c

6% pfd. .(quar.)
Quebec Power Co. (quar.)
Rapid Electrotype Co

Standard
12-20

New

Newport industries, Ipci
414% pfd. (quar.)L__

pfd.

Rowe

1-15

2

30c

&

30c

Brake (year-end)
City Omnibus

New York Hotel Statler Co.

2

1-

Coke

National

47c

2-

Light Co.—

(quar.)

$1.50

York Air
York'

1-

$1.50

(s-a)

12-15

2-16

$1.25
&

Exploration Co.

East

—

$1

Fire

2-

12-31

8

25c

Quaker Oats

8

12-15

12-31

11-28

50c

5

12-

12-

12-13

5

.

Corp.—
(increased quarterly)

Pyle-National

Semler

30c

10c

New
'

12-29

25c

12-23

12-

t$1.50

11-24

59%c

12-15

Sand

pfd.

$4

4

12-15

2

12-24

Quarterly

Rome

12-

2

1-

25c

Public Service Co. of Oklahoma 47©
Publication Corp., 7%
1st

Riley

12-18

25c

Preston

St.

2

Glass

(quar.)
Corp. 3%%

Riegel

5

12-12

$75c

(quar.)

Pittsburgh Metallurgical Co._
Plymouth Rubber Co. (year-end)

8%

5

5

1-

$4

pref.

Public

1-

5

1212-

20c

(quar.)

Co.

Pittsburgh

12-12

12-12

12-15

5

12-20

12-12

2
2

2

(quar.)

New

2

93%c

com.—-

—,'_J

New

8

12-20

2

1-

1-

(increased quar.)

New

20c

4y2%

B

England

4V2%

5

12-

90c

(quar.)

pfd. (quar.)—

1-

1-

1-

62M>c

New Haven Water Co.

Ltd.—

Extra-

Natural Gas

12-17

5

15c

Safety. Bank & Trust Co.

2

25c

Consolidated
Quarterly

$6

2

75c

Philadelphia Co. $5 pref.

5

11-26

Year-end

1-

Extra

Hollingcr

1212-

$1

pfd.

12-

(quar.)

12-10
12-10

12-19

(quar.)
Co. (quar.i

5c

12-

2

1-

50c

Extra

Philco

1-

12-12

$1

dividend

Petroleum

11-14

1

Extra

$1

Extra

Hollander-

12-12

1

Nesbett Fund, Inc

1 year-end)

2

25c

$1.18%

Ltd.

National-Gypsum Co.

$1.50

class B

1-

11-15

1-

(extra 1

(year-end)

Year-end

12-15

50C

$1.50

Co.

12-31

6

12-

Extra

1:25c

Mfg.

20c

12-

Dehydrating & Milling Co.—

National Lead

12-

12-13

2

12-19

6372c

pfd. (quar.)

12-16

12-

1-

60e

34%c

Mills,

.125c

$3.25

Corp

com.

preferred

Stock

12-20

$6

Register
National Folding. Box

Canada, Ltd.—

Quarterly

Hoover Co.

5%

12-26

3

12-20

1*15

(quar.)

(extra)

11-24

lr

1-15

50c

com.

2

12-24.

11-12

(quar.)

-

12-26

$1.50

■

11-22

59%c

12-11

12-

1

25c

National Alfalfa

6

12-22

1

12-

pfd.

(quar.)

11-29

(quar.)

Pepsi-Cola

12-23

pfd.

(quar.)

4V'2 %

Reigel
12-

30c

Additional
National Acme Co.

6

95c

2

5"

12-15

1:50c

quar.)

com.

Cash

50c

1

Corp

(quar.)

Breweries,

(quar.i

1-

12-

12-15

25c

12-

iyear-endi

12-15

75c

(year-end)

com.

25C:

Paper Co.

12-26

50c

Corp.

12-

1-

12-26

1-15

25c

& Bros.

1-15

25c

1-15

$3

50c

Hinde

&

IF.

12-23

Corp

11-29

3772c

(quar.i

11-29

(initial)

com.

People's Drug Stores (cash dividend)

8

12-15

10c
< quar.)

(quar.)

pref.

conv.

Co.

12.-23

12-

12-

12-12

15c

(year-end)

1

2

12-11

25c

6

1-

2

75c

Corp

6

$1.75

lr

12-31

25c

(quar.)

lr

12*

12-21

60c

quar.i

^

$2.50

(quar.i

$1

(initial

1-

Cement Corp.
Motors

(quar.)

(s-a)

2-

2

12-11

$1.62,/2

pfd.
(quar.)

Service

25c

1-

12-21

Ltd.

Common

2

12-15

30c

11-18

Year-endi!
Hercules

(quar.)_

4%% pfd. (quar.)
Muskogee Co. (quar.)

8

$1

5

12-

1-

6

75c

is-a)

Extra

Myers

Co., common

12-

12-19

20c

Co.

Murphy (G. C.) Co.

11-18

12-20

12-20

$1.06 74

(quar.)
Corp

$1.12'/2
iquar.i

12-15

25c

pfd.

Brass

12-

25c

2

8772c

Vernon-Woodberry

11-26

11-25

11-28

1-

37'/2c

Common

12-22

1007©

preferred

Hercules

Mount'

11-25

_

dividend
-

pfd.

(Denver)

(increased

Forging

pfd.

12-19

A

Extra

(George W. 1

$1.50

(quar.)

(quar.)

Paper Mills

Mueller

5

15c

_

pfd.

Corp

Water

Mills

50c

iquar.i

——

4!/i7©

Refineries ,$1.50

conv.

4%%

5

12-

12-12

5

Packing Co.—

Motor Products

5

12-

12-

25c

$2.50

T4>*

Stock

Co.

& Co.

common

Morris

12-15

1-15

12-15

40c

Extra

12-20

12-

12-20

75c

preferred (quar.)
Hathaway Manufacturing Co.

57©

2

12-15

Ltd.—

(quar.)

(com.)

Public

12'/2c

pfd.

conv.

4>/}%

3% 7©

2

1-

2

J20c

Refrigerating Co. class A

Drop

New

5

25c

iquar.i

of America, class

Corp.

rrioca

Houston

1-

12-15

1-

Cement

preferred

Common

Moore-McCormack Lines—

12-18

i initiali

com.

3

1-15

12-12

50c

Extra
12-24

$1.50

(year-end)

Common

Class

1

12-12

__

Harrisburg

Hobarfc

1

12-31

iquar.i

new

Railway is-ai
Steel Corp. (quar.)

Harrisburg
Hart-Carter

77©>

1212-

12-

1-22

80c

Co.

12-12

12-15

(year-end)

5%
pfd. (quar.)
Pennsylvania Power

8

$6

4%%

12-12

25c

(W.

Helme

1

12-31

Extra

Hat

2

12-

Moore

12-

12-27

f$7

(year-end)

Telegraph

Monroe Auto Equipment 5%
Monroe Loan Society 5*/2%

5

12-31

12-10

12-19

60c

Extra

Corp.—

iquar.i-

iquar.i

preferred

4'/

Co.,

Lamp

Hall

1-

12-

2

tl7V2c

Brewery, Ltd.

Monarch

12-15

$1.50

pfd.

6''

&

Oil Corp.

Molson's

6

$1,061/4

Engineering

(Balt.i,

Realty

Power Co.

Haloid

12-10

12-

25c

iquar.i

Year-end

Hall

2

1-15

(s-a)

(quar.i

Aircraft

Grumman

1-

12-16

1: $ 1.7 5

(quar.)

Warehouse

com.

preferred

12-13

1-

12-19

25c

(quar.)

new

12-31

Companies

Pennsylvania

12-19

20c

.#<*

Bumper

Missouri

6
6

1

2

I3%c

Company
Mississippi Valley. Barge Line Co. (year-end

6

1212-

40c

Gulf

12-

12-13

$1.50

1 quar.i

pfd

Wire, Ltd.

LB.)

Greyhound

Guilford

12-13

10c

$7

(quar.)

Midvale

1

12-

1-

Ltd.—

com.

(quar.)

&

Son

preferred

Midland

12-

12-12

t$1.25

Steel,

Railway,

Penn Electric Switch Co.
$1.20 pfd. A (quar.)
Pennsylvania Coal & Coke Corp. (resumed)—

11-25

10c

(quar.)

Middlesex

4

12-13

Varnish

Great

&

Co.

Mid-West

5

5

50c

Corp.

Forming

12-

5

12-

87V2c

Drilling

preferred

12-20

10c

(quar.)

22 '/2C

4'A7©<

12-20

12-

12-

12-31

lOe

Michigan Seamless Tube (initial)
Mickelberry's Food Products $2.40 pfd.

5

12-31

50c

Co.

(F. H.)

6Vs'/f

12-11

5

15c

&

Field

Michigan

12-11

12-

12-

$1.5t

(quar.)

6%

11-25

$1.25

Virginia (irreg.i

pfd. (quar.)

&

Meyer (H. H.)

5

5

5c

OH Corp.-

Metal

12-

50c

•

B

Messer

12-10*
12-

22 '/2c

B

Greening

2
2

30c

Extra

&

11-

12-20

$1.12'/a

(quar.i

Distilleries Co.,

Glenmore

Gold

12-15

15c

Alden

Class

1-

25c

—

(quar.i

(quar.i

Harvester

1

1

50c

Publishing Co. (quar.)
Mergenthaler Linotype (irreg.)

12-16

1

Inc

Structural

(Mi)

$3.50

12-19

2

$1.25

Extra

4l/2preferred
Gleaner

12-

1-26
1-

10c

common

Co.

Peerless
Penmans

11-22

37!/2c

(quar.)
(year-end)

Meredith

5

25c

(quar.i

Co.,

12-15

12-

40c

1 quar.i

Signal

Railway
Products

70c

—

iquar.i

preferred

5%

Corp.

preferred

Gerber

iyear-endi

Corp.

(quar.i

Corp.

2

1-

1

12-

$1

(quar:)
pfd. (quar.)

Class

5

12-

12-

$1

Ishpeming RR. Co

Telephone

Merck &

12-15
12-

11-22

40c

Extra
12-31
12-15

1

12-22

(extra)

Merchants Fire Insurance

11-29

12-

75c

Merchants

11-29

11-22

12-22

(quar.)

Manufacturing Co.

McGraw

12-10

12-22

31'/4C
50c

General

12-10

1

60c

Marshall

11-29

12-22

(quar.)

Corp

Extra

—

(quar.i

(quar.i

Extra
General

12-20

25c

preferred

Corp.

12-20

12-22

12-

25c

Co

Co.

12-15

12-15

Transportation (quar.)
Patchogue-Plymouth Mills (year-end)

12-13

50c

Stores

Marsh

12-13

2

20c

(quar.)

Common

12-15

12-31

2

1-

50c

&

H.)

Maritime

7%

5

25c

(quar.)

common

Cement

(R.

Marion

2

37 V2 c

(quar.i

Co.

12-

34 %C

(quar.i

Extra
Box

12-20

12-

1-

$3

5% pfd. (quar.)
Mading Drug Stores Co.
55c pfd.
(quar.)

2

12-15

$3

Extra

2

12-

Inc.

11-20

1-2

25c

Parmelee

$1.75

(quar.)

Mapes Consolidated Mfg. Co.

8

12-

12-20

28 VBC

iquar.i___

common

preferred

conv.

General

12-

12-20

30c

preferred
(quar.i
Garfintkel (Julius) Co.,

Garrett

12-15

1

10C

(initial quar.i

Inc., com.

Star

Mangel

11-28

25 c

Co.,

(quar.)

Manufacturers Life Insurance Co. (Toronto )—
Semi-annual

1

12-15

67©

General

12-

$5

—

Company

(Robert)

51/2%

12-11

65 '/2c

(year-end)

Hotel Co.

(year-end)

Year-end

41/2'if.

9-15

25c

(quar.)

Properties,

1

$2.50

pfd

Corp. $5 non-cum.

Fresnillo

Gair

,

Paraffine

1-12

C

Co.

Refineries,

MacKinnon

3-15

prior

1-31

Co.—

&

MacKinnie Oil

12-15

6%

67©

pfd.
Ry.

11-20

11-25

10c

2-2

2-

12-16

9772c

(quar.)__

Indemnity Co. (quar.)

2

(s-a)

Rubber

Electric

Candy

Macy

1-31

pfd.

Extra

2-2

$1

2

11-25

$25c

871/20

Year-end

12-15

6%

H.)

Loft

12-20

1-

(S.

Lone

12-15

25c

Foreign Light & Power, bV
1st pid.
Foster-Wheeler
Corp.,
common

$4

Electric

Pacific

12-20

1-

$1.50

2

Co.—

Extra

12-15

(s-a)

Lindsay Light & Chemical
Liquidomete-r Corp. (irreg.)

5

12-22

12-12

2

20c

Press,

Lit Brothers 6%

1

12-20

$1
50c

pfd.

Life Insurance Co. of

8

2

1-

50c

Leonard

11-30

75c

(s-a)

pfd. B

preferred

Leland

12*12

1-

$1.75

Landers, Frary & Clark

8

12-

25c

(year-end)

Corp.

Co.

4c

t.\ ear-end)_

(increased)

Corp.

Steel

Follansbee

Inc.

(quar.)

Stores

National

F.irst

Fund,

Pacific American Fisheries
Pacific Coast Aggregates

$3

Land

Lake Superior
Year-end

5

1-15

Co.

Screw

12-10

$1.50

(I. B.)

Kress

5

$2
$1.75

(quar.)

12-31

(quar.i

7%

& Gulf

Company,

4%

Cleaning & Dyeing-

preferred

Electric

Kleinert

12-10

Extra

7%

Ox Fibre Brush Co.

2

2

11-29

1-

$37V2c

12-15

1-

12-10

*31 Vic

12-15

15c

12-

$9

(quar.)

12-15

(quar.)

6

12- 5

12-26

(year-end)

common

2

2c

KOppers

12-10

Ltd.,

preferred

2

Extra

10c

Oneida,

2

(quar.)

Copper Co.

Kingsport

12-10

12-11

1-

Extra

12-12

1-

Ohio Public Service Co. 3.90%
Omnibus Corp.

1-

10%

12-

50c

50c

2-19

12-10

1-

dividend)

-12-10

2

75c

1-2

Ottawa

1-

12-20

93%c

3-10

1

12-17

t8%c

Quarterly

$1.50

Y.)

com.

When
Holdert
Payable of Rea.

30c

Northwestern Telegraph Co. (s-a)
Oakland Title Insurance &
Guaranty

6%

(s-a)i

County

12-12

12-31

8
8

$1.50

11-29

12-27

12-

12-

43%c

Special
Kern

12-18

15c

Common

A

2

Greyhound Lines
pfd. (quar.)

3;%%

l

Extra

(quar.)

12-15

25c
Fenton

&

1-

6

70c

Indiana Public Service Co
Natural Gas (year-end)

Northland

1-15
12-

20c

B

Oklahoma

Kennecott

12-10

1:25c

Truck

Motor

Federal

Gas

$6 pfd.

12-31

50c

(s-a)

Kansas

1

12-23

t$1.50

Co.

7-26

2-

12-20

*

7%

(year-end)
pfd. (accum.

$1.75

pfd.
(quar.)^

2nd pfd.

4-26

$1

(N.

2nd pfd. A

3-15

(quar.)

Products

CO".

Justrite Mfg.

10-25

1

$1

1

3%%

1-25-49

12-

Oil

$1.62 Vi

(stock

Extra

12-15

$1

12-15

$3

(accum.)

Co.

$1

1

•

Northern

Texas

Oil, Ltd.

North Star

Northern

1

$1

Jeannette Glass* Co. 7% pid.
Johnson & Johnson 8%

2

50c

Eureka

Ironer

$1

preferred (quar.)

Evans

12-15

12-15
1-

12-10
11-20
12-

Per
Share

_

Company

Central

12-15

15c

pfd. B (accum.)
pid. C (accum.)

Irving Trust

12-15

North

12-1

(initial)

preferred A

6%

12-15

2

(quar.)

6V27©

1

'

(quar.)

Co.

Corp.

25c

preferred (quar.)

Railroad

1-

$1.75

(resumed)

preferred

4%

Erie

12-

12-31

$1.75

(quar.)

preierred

12-22

12-31

& Equipment—

4%

4%

2

12-15

Phonograph—

(year-end)

preferred

3

.

Name of

12-10

12*20

10c

Ironrite
20c

Radio

1-

17 Vfec

preferred (quar.)

Emsco

12-10

Co.—

Extra

7%

Emerson

12-

12-20

57©

Mlg.

Brownhoist

common

77©

(quar.i

Electric

New

12-20

20c

(quar.)

International Power Co.,Ltd. 67© 1st
pid. <s-a>
International Silver Co. 7% pfd.
(quar.)
Iowa Electric
Light & Power Co.—

Alloys Corp.—

dividend

Emerson

12-16

25c

(year-end)

Products

Refractories

Gasn

(quar.)

Industries;' Ltd.—

„

Payable of Rec.

50c

Ingersoll-Rand CO., 67©
preferred
(s-a)
Inspiration Consolidated Copper (year-end i_
International Business Machine—

5

45

Holder»

31'/tc

Extra

25c

Co

Bancshares

Industrial

11-28

40c

preferred (quar.)

When

$2

12-10

$1.62 »/2

Year-end
6 >/2 7©

40c

Pulp & Paper Corp. 5% pfd. A (quar.)
Huttig Sash & Door

"

Electric

(quar.)

Hudson

25c

*

CHRONICLE

share

(Harvey), Inc.

40c

_

(increased)

Company

Extra

$2

(increased)

common

B

11-28

12-10

Inc.—

Year-end
Class

12-10

(extra)

(Tnomas A.),

FINANCIAL
Per

50c

Iron

Extras

&

Holdert

$1.75

Eastern

.Eaton

When

COMMERCIAL

12-19

12-

40c

12-10

11-29

9

25c

(initial).,

12-24

35c

1- 2

11-28

12-

5

8

12-10

46

(2250)

THE COMMERCIAL

&

FINANCIAL

CHRONICLE

Monday, December 1, 1947
V1

■»

Name of Company

4.10%

pfd.

414%

Share

(quar.)

pfd.

____

(quar.)

$1.02V2

Corp. (quar.i

Thrifty Drug Stores, common
4'/a% preferred A (quar.)
4%% preferred B (quar.)

Company (increased quar. >
Thermatomic Carbon (quar.)

Shovel

7%

pfd.

Co.

(quar.):

Steel

Co.

12-5

12-20

12-10

1- 2

12-

15c

1- 2

12-15

1- 2

$1.50
t3b4/5C
15c
$4

12- 8

12-1

:

12- 1

12-23

$2

12-12

11-28

12-15

Co.

Travelers Insurance

(quar.)-

Extra

12-15

12-

—

pfd. (quar.)—1

Tropic-Aire, Inc. 6%
Electric

La Salie Street Corp.

208 South

(quar.)_

Light & Power

62 %c

(quar.)____

Clutch

Carbide

Union

Co.

Metal

Union

!

Extra

—

$6 preferred

(quar.)
Fidelity & Guaranty (Bait.)

U. S.

12-12
1- 2

Casualty

Co.

&

preferred

S.

Truck

12-10

&

12-10
12-10

American

&

1-15

5

rate

of

,l0

of a

United

Steel

Wire

&

3Va %

of. class

Colortype

Co.

Cyanamid

Co.,

4

12-

4

American Felt

12-15
12-15
12-15
12-15
12-15

12- 6

4%%

12-20
12-12

12-10
12- 1

American

3-12

12-15
12-15

11-29

12-15

11-29

40c

12- 5

11-25

1-10

1- 2

12- 6

Co. (quar.i

Extra

Mohawk Cotton Mills

Viau,

(quar.)

__.

i-itd.

t25c

3-

1

75c

prior pfd. (quar )_
Vulcan Detinning Co.
(year-end)

Extra

5%

& Snowdrift

(s-a)

Trustees

Whittier

(s-ai

Inc.

4V4%

pfd.

pfd.

6%

Wilsil,

(quar.)

Oil

(quar.)
(quar.)----

Ltd.

Wiser

com

(quar.)
Wisconsin Investment Co.
Co.

(year-end)

(Alan) Steel

pfd.

7%

Newspaper. Machinery

Wood

Year-end

7%

com.

American

Class

7*

$4

Car

(quar.)

Abitibi

Power

&

Paper Co.,

Class

6%

A

preferential

12-15
12rl5
12- 1

Corp.,

5%

preferred (s-a)
Works, Ltd., $1
Steel Co. (quar.)____

12- 1

11-21

Beneficial

50c

12-15

11-14

$1

12-10

11-20

$1.50

12-23

12- 5

dividend

20%

12-23

12-

$1.35

12-22

12- 5
12-12
11-28

Acme

12-15

preferred (quar.)
Surety
Co
Telephone &

4%%

12-15

Thermos

preferred

Packers

Engineering

Association

Allied

Mills, Inc.:
Allied, Stores Corp.,

preferred

AHis-Chaimers

-3%%

Allis

(quar.)

(year-end)

Mfg.,

common

preferred

Co. '(quar.)

35c

of

$3.75 preferred

America,
(quar.)

Aluminium Co. of Canada,
i%
preferred .'(quar.)
'

__

comnion_

-

Mfg. Co.

(irreg.)_________

Extra

—

J




__

Arts

Inc.

Bigelow-Sanford

.

Farms

Co.,

12-8

30c

12- 5

12-21

1-2-48

12-21

5

$1

12-

1

12-

1

11-15

12-30

12-20

11-13

12-30

12-20

12Vac

12-30

12-20

$1.25

12-

1

11-20

87%c

12-

1

II-14

$1.50

12-15

12-

30c

12-

1

11-20

$1.05

(quar.i.

25c
15c

common

12-

Black

Bohn

1

(quar.)—

$1,
fSt

.

30c
25c

11-10

12-15

12-

12-23
12-23
12- 1

12-

1

11-20

10-31
10-31.
11-29

12-15

11-29

15c

12-26

12-12

,

(quar.)

Co.—

pfd. (quar.)

$6 convertible prior preferred

(quar.)

$1.50

Artloom

1-1

12-10

Extra

v 12- 1

Armstrong-Rubber Co., class

Equipment Corp., 4%%
(increased

pfd.

12- 1

12-1

20c

12- 1

Refining Co. (increased quar.).

25c. ,12-15

r

Hi S

Investment

Co.

(quar.).i

.

•

*40©;. '-12-»"t

$1.50-

12- 1

.

1

12-5

,

12-10

'

1-

2

12-15

12-

1

$2

12-

11-28*

,

1

1- 2

U-21

S

11-21

12-23

$4

12-

50 c

12-20

12- \

25c

12-

1

.1*1-20
"»10-10

(quar,)
(quar.)

____

12-15
12-15

0

11-20

.12- 2

11-25
;

11-28

,11-28

9334 c 1-15^48

t25c

(quar.)

12-

12-10

40c

Note

Ltd.

12-?1

25C

preferred

Bank

til
62 %C

(rcducedl

Oil,

.>.11-14

30c

$1,25

participating

I

"'t

Bearing

American

t25c.

.12-15

; 11-17

1-2^48

,?12-4

Brooke

Motor Co

(E. & G.)

Iron (quar.)

Extra

$3.60

11-20

12-2

11-20

10c

-

Brooklyn Borough Gas Co.—
4.40% preferred (quar.)
Brown

,12rl5

12*' 2

12-15"

11-25

20c

Initial

Brockway

„

•^.:1-' 7

2-2-48t

50c

____

2-2 5 i

tl5c,«
25c '

-

(year-end)

12-15

11-25

8

Columbia Forest Products, Ltd.;—

British
•

11-14

"12-26

12-10

$1,75

(special)

Co..

2

12-10

50c

(quar.)

Gclanese, .Ltd.—
American deposit receipts

11-14.

^12- 1

45c

Trust

1-

2

1-2

British

11-14

$1.75

...

1-

87%C

—1.__"

3%%

12- 1

.

11-18
11-18

$1

Co

British-American

11-21
11-21

(

1
1

1-16

75c

—

Roller

British

11-21

25c

,1—

Associated

12?I6

1212-

-n

Estate

—

Wharf

Bristol-Myers

12-16

1- 2.

Real

Extra-

2

$2
20c

Brewing Corp. of America (quar.)
Briggs & Stratton Corp. (quar.)

12-16

1-2

MVtC

(quar.).__

quar.)

8% -1st preferred (quar.)i^..__w:
.7% 2nd- preferred (quar.).

1-2

(s-a)

Inc., $1.20 preferred (quar.)
Boyertown Burial Casket (reduced quar.)__.
Brazllian Traction Light s Power,'.Ltd. (s-a).

12- 1

25c

59%c

(quar.)______

interest

W.)

Bowser;

11-10

12-15'

25c

convertible' preferred

Corp.

Bower

12-10

1-2

40c

933/4c

'

12-2

15c

Common

:

Armstrong Cork Co., common
$3.75
preferred
(quar.)

12-

12-16

Boston Woven Hose & Rubber Co.—

1-25

-

12-16

America-

of

Scrymser Co

Extra

11-10
11-10

5c

&

Borne

1

$1

_____

11-10

25c

common

25c

Corp. (quar.)
Borg-Warner, common (increased quar.)
Special
3%%
preferred (quar.)

Boston;

12-1
12-1
2-2-48
12-1
12- 1
12-15

1

50c

beneficial

of

Boston

12- 1

Co., Inc
(reduced)

(extra)

(extra)

(George

11-20
1- 2

75c
12VaC
7V2c
$10c
1$ 1.12%.

&

Brass

Extra

11-20
> -

&

Co., class A
B

Units

Borg

11-20

12r 1

(Sidney)

Aluminum

Ami

Bond Investment Trust

12-19
12-19

50c

(quar.)

Extra

Armour

& Bryson, Inc.—
preferred (quar.)
Co. (increascd)^

Blumcnthal

Bon

(quar.)

Sivalls

414%

1

10c

Arkansas Natural Gas Corp., 6%

&

Black Hills Power & Light Co., com.
$4.20 preferred (quar.)

11-7
11-15

12-15

common

Arkansas-Missouri Power

.

12-

1-2-48

$1.50

(irreg.).

common

preferred (quar.)
Son, Inc., 5% preferred (quar.)
Birmingham Gas Co.. $3.50 prior pfd. (quar.)
Birmingham Water Works,. 6% pfd. (quar.)

1-21

5%

(quar.)^
Co.
(quar.)

partic. preferred
Participating

Aro

1-14

Carpet,

convertible

5"r.

12- 1

37%C

25c
12-1
$1 1-14-48

11-20

v'iir26

11-10

1-2-48

50c

(quar.)

preferred
(quar.)
Herbrand Corp.,

Bird

12-30*

12- 1

(irreg.)

gus.Corporation .Ltd. com. (quar.)
4 Ya %
conv. preference
(quar.)

<11-26

Co.

Bingham

11-10

tl5c

Special
Special

12-10

1-31

1

$1.75
$1

Manufacturing

Class

(quar.)
Corp..,

Farms. Milling

50c

12.-15

12-13

12-

$1.50

12-15

(quar.i

Telephone Co.—
Class
A
(quar.)
Anglo-Iranian Oil Co., Ltd. (interim)

11-15

.12-15

1-1-48

50C

(quar.)

11-14

12-10

'

11-20

1

.4%%

75c

11-20

1

Cement—

2

12- t
12%c
12-22
$1.80 1-31-46

(quar.)

preferred

Class B

40c',

1

12-

5

1-

11-15

,25c

Extra

12-

$1.25

(quar.)___

11-20'

12-

Products

Post

■

Aluminum Goods

preferred

&

1

15c

Metal.
prior

11-20

12-1

preferred

Limestone

12-

I-15

11-17

11-20

: $25o

convertible

12-

35c

Extra

12-15

11-17

Ashland Oil &
.

50c

Spinning Associates(initial quar.)

1-31-48

$1

Fine

$3

12-

12-20

Ltd.—

11-15

12-15

93%o

Alpha Portland Cement (year-end)

11-15

12-15

12-1

.

II-15

1

12-12

12-1

15c

$1.

Co.

2*

1
1

12-

25c

$1.25

-!—i

Aluminum

11-17*

1212-

$1.06%,

25c

$3

12-

12 %c

(quar.)

$1.06%

Arden

12-5

12-15

Year-end

11-28

12-23

12-15

2

1-8
Ur2Q

12-18

40c

(quar.)_

2

1-

2- 2

prior preferred (quar.)
Inc., 6% preferred (s-a)

1-10

81 %c

(quar.)

1

1-

$1.25
30c

common—

convertible

6%

11-14

12-

15C

Biaw-Knox

12-15

12-18

11-29
11-13

12-19

12-11

11-21

12-1

11-29
,

1

12- 5

11-21

1-20-48

12-

12-20
2- 2

& Smelting,

12-12

$1

1-2-48

25c
10c

Zinc Lead

12-12

75c

(quar.)_

common

1-2-48

1*

Arcady

1

11-29

12-

Archer-Daniels-Midland

1

11-17
11-17

1-15

11-20

12-

1

12-15

11-15

12-11

12-

1-2-48

$1

l

$1

;

11-14

$1.75

Anchor

1

11-29

1

1-2-48
<

$1

Bibb

$1.50

(quar.)

prior preferred (quar.)
(quar.)
American Writing Paper
(initial)

11-28

1$1.50

11-29

12-26

12-

$1.18%

t$l

Corp., $6 preferred (s-a)
Brewing Corp. (year-end)

common

6%

12-26

1

5

preferred

12-1

12-

12-

1*

12-

12*-

11-15

2

1*

Arcade Cotton. Mills Co., common
«%
preferred (s-a)

12-12

1

1-

12-

Applied

12-22

12-

12-

50C

Bessemer

5

1

12-15

12-15

30c

(quar.)

Co., common (quar.)

preferred

Berghoff

12-15

2

12-

11-20

12-10

12-1

1-

12-15
12-15

11-20

$8

12-

12-16

15c

5

53%c
75c

(quar.)

common

11-20

25c

11- 4

1

12-16

131.75.

12-

75c

Co., Inc.,

12-15

80c

11- 4

12-

15c

Berkshire

12-15

12- 5*

12- 1

40c

(quar.)_

i

i

2

12-

2

$2

7%

11-29

1
5*

1-

convertible

$4

10-31

common

1-

1-15

(quar.)

Woolen

12-15

12-15

(increased quar.)

Bethlehem Steel Corp., common
7%
preferred (quar.)

1-2

Extra

12-15

12-1

1212-

50c

5

1- 2

II-17

12-15
12-26

12-19

rgus. Inc.,

Year-end

-

(quar.)
Co., common

Apex Smelting. Co.

15c

11-17

11-17

6

50c

Extra

12-10

$13c

1

12-

11-10

B

25c

(quar.)

convertible

(Louis)

Extra

1

12-

12- 6

12 %c

Co

12-

$2.25

1

12- 1
12- 1

Tobacco

50c

(quar.)

Allegheny-Ludlum Steel Corp. (year-end 1
Allen Industries,'Inc., new com. (initial)

\r.

1

12-

Ties, Inc
Inc. (quar.)

Extra

Co.—

1-2-48

$50c

,

.4%

12-

2

11-17

150c

(quar.)

2

$1.25

$1

(s-a)

Agnew-Surpass Shoe Stores—
New common (initial)
Alaska

2

1-

1

12-

1-2-48

American

Ampco

1-

12-

37 %c

1-

$1.75

Bottle

1

12-15

Extra

(quar.)..

2

11-19
12-

137 %C

Extra

Co.—

Telegraph

25c

Addressograph-Multigraph Corp.
Admiral Corporation
(year-end)

.

Refining

12-

12-15

10c

(quar.)

Packing Co.

Extra

4%

2

3

$1.12%

35c

Sugar

American

7%

12-31
12-15

12-26

1-

12-

50C

(quar.)

35c

7V2c
2%c

Extra

Aetna'Standard

90c
50c

1-6-48

25c

7%
preferred (quar.)
Belknap Hardware & Mfg_
Bell Aircraft Corp.
(year-end)
Bell Sf Gossett Co. (quar.)

New

(quar.)

12-10

30c

$1.75

(year-end)

12-10

2

30c

Extra

4'/,.%

Co.

2

2

20c

Railroad

Bell & Howell

Foundries

I-

11-

125c

(quar.)

Beldlng-Corticelli,: Ltd.,

12- 5

Anheuser-Busch,

(quar.)___

pfd.

11-20

American

Payable of Rec.

$2.50

Glove

12- 1

$5

11-28
11-28

1-20

40c

12-

$25c

Extra—-

Acme

11-20

5

12-15
12-12

45c

(quar.)

Shoe Corp. 4%% pfd.
Belden Manufacturing Co. (quar,)

12-31

Stamping

Ltd.

(A. S.)

12-31

$$1.25

common

12—1

dividend)

11-15

50c

Extra

20c

American

Ltd.—

(quar.)

(quar.)

preferred
Electric

Acme

25c

Beech-Nut

preferred

American

12-23

$37%
t62J/2C

partic.

11-20

Anglo-Canadian

$1.50 preferred
(quar.)
$2.50 prior preferred (quar.)
Acadia-Atlantic Sugar Refineries,

12-19*

12-15

5

11-15

1

of

(quar.)

Co.—
(quar.)

Inc.

Mills,

12-10

(year-rend cash

Y.)

Canada,

Ltd.

Creek

20c

1st

1- 2

Ltd.—

12-19*

12-31

Year-end

11-22

Holder*

12-31

$1

Santiary—

0

1

12-

$1

Brummell

12-20

Common

12-15

When

25c

—

12-15

Per

Beech

preferred (quar.)
American Rolling Mill Co...
American Seating Co. (year-end)
American Smelting & Refining

1- 2

Share

Beaunlt

Special

American

of Company

Beau

12-31

$1.25

Standard

12-

12-

112 %C

11-28

1

&

1-2-48

50c

12-

Radiator

11-21

1

$1.75

Corp

Co.

Cigars,

12-15

,

12-

40c

& Paper, Ltd.—
(increased quar.)

1-15

37%c
37%c\

11-15
11-21

Power

A

12-15

7%

$5

Name

Class

$1

Stores

being given in the

Bathurst

11-10

1-1

(quar.)
Lines, Ltd.—
preferred (quar.)

non-cum.

American

this- week, these

11-14*

12-15

1

Steel

preceding table.

12- 1

12-10

class A

11-15

1

23c

(N.

preferred

20c
97%c

Common

we

dends announced

4%%

1

American

give the dividends announced in previous
greeks and not yet paid. The list does not include divi¬

11-26*

12-

Common

Below

12-12

81.78

Corp.,

1

12-1

25c

(quar.i

Refractories, Inc. (quar.)
Manufacturing Co., common

12-

American

9

11-28

Oil

II- »•

12-17

12-

12-13

Beck

1212-

5C

Extra

Bayuk

11-23

15C

(irreg.)

Barnsdall

7

12-15

12-17

2

7

11-

12- 5

11-20

1-2-48

25c

11-

12-18

12-17

1-

Common

1

12- 1

$1.50

Chemical

&

(quar.)

common

Mortgage Guaranty Co.

A

Beatty Bros.,

preferred A

7%

class

12-15

12-29

12-19

$1.20

11-14

(quar.)—

12-29.
12- 1

15c

12- 4

Basic

11-20

12-1

-

Seelig Mfg.

1

common

11-14

8%c

...

Co,

of

50c

Ltd.,

(quar.)

Extra

„

1

$1.12%

Extra

(quar.)

Potash

American

25c

-

(year-end)

Products Corp.

1-2-48

$3

(quar.>__,

12-

125c
&

10c

B

American

11-21

1- 2

Barlow

Goods Co.—

preferred

5%

12-18

12-29

11-12

American President

12-10

12- 1

Barber-Ellis

&

Asphalt

75c

;

25C

20c

11-12

12-

11-22
11-14.

7c

(quar.)

Trust

31%C

Co.

preferred

shares

Bond

12-15

12-15

11-22

12rl5

12 %c

America

Bates

Co....

preferred
Paper

6%

Bankers

Barber

75c

12-15
12-1

'

20c

(quar.)

preferred

75c

Foundry Co., common.

Co.,

4%

7

(s-a)

/

25c

20c

(Joseph) & Sons
Bangor Hydro-Electric, common
7% preferred (quar.)

11-18

12-

I-16

11-10

Los Andes—

American

50c

(quar.) ^

,

Metal

Banco de

of Illinois—

Manufacturing

Extra

preferred

1

62%c

11-25

1

Porcelain. Steel—

12-

11-

115C

112%$;

41 %C t

Products

Radio Show,

Bankers

1

non-cum. pfd. (irreg.)
Corp. of Delaware—

&

common

Extra

(quan)

Machine

Works,

convertible

12-15

6%

preferred

3.90%

conv,

Bancroft

1

12-

12-

150

Mills
(monthly)
Corp. common (irreg.)
prior preferred (quar.)

D.

12-31

25c

preferred

American

C

Allied

V.

12-22

75c

2-2

11-15

5

$1.18%

12-16

12-10

11-14

Atlan¬

(quar.)

12-30

1

1-

;

11-28

12-

1-15

25c

12-20

$1

(interim)

_

1

11-21

25c

$3

Increased

5%

Ltd.

1

12-

12-15

66%C

(quar.)..

(year-end)

12-

12-15

1

25c

(quar.)
Corp. (monthly)_

Convertible prior preferred

12-10
12- 5
12- 5

12-12

of

12-

12-15

1

8

Co.—

Products

American Investment Co.

11-20

12-12

t$3.50
t$3.50
25c
15c

Iquar.)_

Extra

Zonite

Home

American

11-25

pfd.

$3

Leather

American Insulator

12-15
12-15
1-15

1-2
1- 2
1- 2

t20c

(s-a)

Steel

American

American

12-15

50c

Young (L. A.) Spring & Wire Corp.

Youngstown

Corp.,

&

$1.75
56%c

(quar.)

(s-ai

pfd.

Hide

12-15

12^19
12-19
12-19
12- 1

12-15

11-14

•

12-

11-20

30c

12-12

5

12-

6%

11-25

1

$1.12%

convertible preferred

6%

Stock
—

___-

pfd.

1st

2nd

12-15
12-

11-14

25C

7%

11-25

12%c

preferred
(quar.)
preferred (quar.)
Hawaiian Steamship

American

Corp.—

(quar.)
1
Woolf Bros., Inc. 4% % pfd
(quar.i
York Knitting Mills, Ltd. com
7%

12-15

12-

12-

12-12

25c

Baltimore

12-15

common

share

Co.

Gear

Baltimore

12-2

12-15
1-2-48

$1.50
$1.75

$2.50
$2

1-2

75c

$1.50

12-12

$1
$2

(quar.)^

1

American

American Meter

31 %c

(accum.)

pfd.

7%

4%%

25c

Woodward & Lothrop

12-

50c

(2/100ths

American General

American

15c

coiiv. pfd. (quar.)__

5%

12-15
12-19

25c
25c
$1.75

(quav.)-

Extra
Wood

2

(quar.)

common

Electric Co., common)
preferred (quar.)

i- 5

$2.50

_

Corp

Wieboldt Stores,

1-

11-24

(quar.).

4%%

1

87V2c

City

12-1

$20c
50c
$1.25
$2.50
30c
$1.06%
75c
J25c

(quar.

Wheeling Steel Corp., common
$5 convertible prior preferred

dividend

tic

12-10
1- 2

31%c

1

(quar.)
Estate

Real

12-

1

preferred

12-1

2

Fruit

12-23
12- 6
12-11

!- 5
2- 2
12- 1
1-2
1- 2
1- 2
12-20
1-1
1- 1
1- 1
1- 2

-

pfd.

12-22
12-29

75c
50c

—

__

Weston (George), Ltd.

Western

1- 2
1- 7
1- 2

-10c
50c

-

(year-end)

Light .& Telephone com.

Western

12-17
12-31
12-15
12-10

$3.50
2%c
6c
40c

guaranteed (s-a)
(quar.)

Special

Oil

1- 2
1-15
12-31
12-20

10c

Mold & Iron-,

Wayne Screw Products
Wellington Fund, Inc.
Weils-Gardner & Co

2

1-

12-

40c

(quar.)
$1.65 convertible preferred (quar.)
Avco Manufacturing Corp.
(increased)

2

1-

$1.12%

$2.50

Ltd..

series

Automatic

2

12-

10-31

37viC

(s-a)

Service^ Ltd.—
Common (initial)
Class A (quar,)
Autocar Co., 5% series A conv. pfd, (quar.).
5% series B convertible preferred (quar.)

B.

25c

preferred (quar.)

American Ice Co.,

$3

Wesson

12-15

12-10
12-20
12- 5
12- 1

$1.50
$2.50
75c
50c

Equipment Co. (year-end
Viking Pump Co
Virginia-Carolina Chemical Corp.—
6% part.ic. pfd. (accum.)___•.
Vulcan Corp. 4%%
pfd. (accum.1

Vulcan

1- 2
'1- 2
12-20

$$1.25

Victor

Ware River-RR„

12-

1

t25c

preferred

Avondale

12-15

12-

$3

Gold: Mines,

Avon

12-15

1

$1,50

Electric

5%

1

12-31

Growers, Inc. (quar.)
American Furniture Mart, $6 pfd. (s-a)
American Gas & El. (cash dividend)
(quar.)

12- 5

30c

com

pfdi (quar. )_

5%

Co.,

American Fork & Hoe Co.,

Stock

Quarterly

&

12-31

12-

Automatic Canteen of America

12- 1
12-15

68%c

stock-

preferred (quar.)
American & Foreign Power, $6 pfd. (accum.)
$7 preferred
(accum.)
American Forging & Socket
(quar.)

Utah Home Fire Insurance (Salt Lake City)—

Extra

12-

12-15

50c

12-

11-28
12- 1
12- 1

•

12-1

12-15

(quar.)__

common

12-11

$6
25c

(accum.)

Additional

Uticu

12-10
12- 5
12- 5

(quar.)

12-11

20c

i

Utah Oil Refining

1- 2
12-15
12-15
12-15

30c

B

(quar.)
American Export Lines, Inc

$1
20c

___

pfd.

Auto

Corp.—

preferred

10c
5c

(quar.)

12- 4*

25c

2c
35c

Extra

12-15

$1.50

6%

(Delaware)

Upressit Metal Cap, 8%
Upson Wahon Co.

Steels,

1

12-15

$1

_

preferred

Powder

Atlas

$1.25
1

Light

share

A

Atlas

12- 1

(Optional dividend series) of
Payable in cash or stock at the

1936.

8

12-26

Series

11-20

Extra

12-20

Power

25c

Inc.

11-20

1

50c

common

*

12-

Line Railroad Co.—

non-cum.

12-15

(quar.)___

Point RR

_

common

15c
35C
$1.25

(quar.)_

(quar.)

Refining Co. (quar.)..
Atlas
Corp.
(quar.):
Atlas Imperial Diesel Engine-

—

r_

Co.

Cities

American

12-20

1212-

Co.—

_

Lines,

1

12-

$5

$2.75 class A

50c

S.

U.

12-19

12-

I

11-28

12-15

10c

Atlantic

Aunor

(quar.)-

Cigarette

American

$1.50

U.

liquidating
Potash Co

1

50c

15c

First

1-

Special

(interim)

Freight

12-19

12-19

5c

Pa.)

common

25c

U. S.

1

1

Lines,

11-28

12-29-

10c

(s-a)—

(quar.)

$1.75

(Reading,

Cigar,
preferred -(quar.)

12-17
12-20

50c

United States Oil & Royalties

11-

Extra
American

—

Increased

12-19

5c

(quar.)

Cable,

West

Coast

$4.50

—

Chain

American Chicle

75c

(year-end)
com. (increased)

12-19

1

Holder*

12-29

$1.47
A

Atlantic Coast Line Co. (Conn.)
(s-a)
Atlantic
Gulf
&
West
Indies
Steamship

Corp.—

preferred

Quarterly
American

50c
$1
20c
25c

Co.

Mfg.

American

11-29

1

$2.25

(s-a)

Beverage

non-cum,

6%

11-

j J

Payable

$1.26

(accum.)

(s-a)

&

Atlantic

11-15

25c

preferred (accum.)
prior preferred (quar.)
American. Book Co. (year-end)
American Car & Foundry Co.—

$1.50

(quar.)

Carbon

&

Investment

Union

3-20

25c

convertible

5%

1

25c

common

20c

7%

12-

(accum.)

Topeka & Santa Fe Ry
Atlanta Gas Light Co., 4%%
pfd.

11-17

1

25c

American

4%

12-

20c

___

preferred

B

Common

Extra

4%%

preferred

Atchison

(St.

Clas B

12-20

4- 1

62V2c

Quarterly
Disc

1- 2

(quar.)

87%c

Co.

Share

Financial.Corp.i class

Atlanta

(quar.)

Insurance

American Bemberg Corp.,
Extra

11-28

5

Automobile

Louis)

12-5

50c

_

1

11-19

Company

1

:

When

•

Telephone & Telegraph—

1st preferred

Class

12-15

1-

1st

7%
Astor

•

12-1

1

12-10

75c

70c

Airlines, Inc.—
convertible preferred

ZVz%

11-15

1- 9
12-12

22V2C

A

—

9

12-15

$6

11-22

11-.7,

5

American

12-15

12-

(quar.)

12-15

12-?

30c

(irreg.)

com

Name of

11-24

12-10

25c

t$2

Holding Corp.. (s-a>

American

12-5

12-10

Payable of Rec.

100%

(quar.)

convertible preferred

Amerex

9

50c

(initial t

com.

Shipyards Corp. —
Shares series

Gas

9

12-

t7Vsc

Trans-Canada

Corp.

1

12-

12-20

$1.50

(quar.)

(quar.)„

Trans-Lux

12-

12-20

$i.75

Tobin Packing Co. new

6%

Per

Associated

held___

(quar.)

Ltd.,

Holder*

—

_

dividend

Amalgamated Leather Cos.,

12-10

12-15

dividend)

One additional share for each one

11-18

(increased)

Detroit Axle

pfd.

12-20

12-15

5

Share

(stock

Cash

11-25
12-

12- 1
1- 2

Tip Top Tailors, Ltd. (quar.)

Twin

11-25

10c
93%c

(year-end)—

Inc.

Tucson

5

12-15

$1.06%

pfd. (quar.)—___
Electric Welder Co
Tide Water Associated Oil, $3.75 pfd.

Todd

12-

35c

(quav.)

4%%

'.)1%

1- 2
12- 1
12- 1

of Company

Aluminum

12-10

$1.75

___.

com.

Thomson

Time,

12-31

12-10

20c
$1.50

(quar.)com.
(year-end)

Extra

Timken

12-10

When

Per

Aluminum Industries

12-15

12-31

$14
Company

Name

12-10

1

1-

30c

Thermoid

Thomas

1-2

75c
$4

—

12-10

12-31

.10c

Texas

Thew

1- 2

25c
$1.12%
$1.06V*

(quar.i

»;

Payable of Rec.
.

$1.06V4

Tennessee Products & Chemical

Extra

When - Holier*

Per

":v.

Shoe

CO..

preferred

_________

(quar.V_.___:
(quar.)__
—

common

12-1

11-12

30c

12-

1

11-14

90c

1-31-48

-1-15

$1,10

:

'

Volume 166

f

'■■'M-■'*">[i

&V'

."1

hC

'

'Vir"

>
of Company
■

Name

Bruce. (E. L.)
•

Number 4651

'

THE COMMERCIAL

'.v1"

Share

(quar.)

25c

preferred

Bunker

Hill

&

Sullivan

7%

$2.50

California

Pacific

Co.

preferred

California

Camden

4'A %

B

com.

12-

1

12-

1

2-

11-

5

11-

5

1

I-24

12-20
12-

11-

12-

4

11-

$1.75

Inter-Terminal

preferred (s-a)
preferred
(s-a)

4%

$1

Railroad

Service

Co.

(resumed

4

12-

11-

4

12-

11-

4

12-

11-

4

12-15

11-29

12-10

10-31

12-10

10-31

5%

12-

11-18

Clark

Controller

11-18

Clark

Equipment

Co.,

12-15
3

12-15

12-

1

preferred

Year-end

12-

1

11-15

1-

1

12-15

4'A%

12-20

12-10

Cleveland

12-15

12-

1
1

12-

1-

1

12-15

12-12

11-25

Clinchfield

12-20

{10c

12-20

12-

1

12-

{20c

12-

1

1-

2

12-10*

$1.06'A

1-

2

12-15

11-28

12-17

$50c

12-15

11-15

12-15

11-15

Ltd.—

(quar.)
preferred (quar.)

(quar.)

12-19

4%

Safeway,

Ltd.,
Vinegars, Ltd.

Canada

4'A%

2

12-15

12-

1

II-15

$15c

pfd.

1-

12-

1

11-14

12-

1

11-14

(quar.)

/Extra
Canada Wire &

Cable, class A (interim)
Canadian Breweries, Ltd. (quar.)
Canadian Fairbanks-Morse Co., Ltd.
(quar.)

$$2

12-15

$50c

1-2-48

11-30

Stores,

11-28

Food

V2 %

(quar.)

Canadian

Foreign Investment
Quarterly

Corp.,

Columbia

1

11-14

Class

A

11-14

Class

B

$18%c

1-1-48

11-28
11-28

1-1-48

11-28

$75c

Canadian

General

Electric,

Ltd.

Co.,

Class

A

A

(quar.)

B

$50c

$$2.12

Ltd., 5%

preferred

Investment

Western

Power,

Ltd.,

(accum.)

Lu-—

11-

1

1-5-48

12-

1

11-

1

1-5-48

12-

5

12-

.

4%

pref.

Gas

Light

1

11-20

12-1

11-20

12-

1

$37'Ac

11-17

I.)

Co.,

common

7%

preferred

(quar.)

Common

Consolidated

___

11-29

conv.

12-12

12,-

1-

2

12-

3
3

15c

12-

1

11-

7

27'/2C

12-

1

11-

7

12-

2

15c

pfd.

(quar.)

$1.25
25c

(quar.)

$1.12'/2
75c

preferred (quar.)
Central Ohio Light & Power Co.—
3.0% preferred (quar.)

12-12

12-

1

12-17
1-

2

12-15'

9-30

11-14
12-

1

12-20

12-

1

85c

12-

1

11-15

50c

(year-end)__

12-

90c

Products

1-

9

12-26

60c

(quar.)

1

12-10

11-10

11-25

75c

12-20

12-10

2%

i Century Electric Co. (stock dividend)
ittjs Century Ribbon Mills (quar.)
>

12-12

12- 3

15c

—

15c

Products

12-15
12-15

12-

1

12-

1

Corp.—

prior preference

(quar.)__

$1.12'/2

1-1-48

12-19

20c

12-5

11-25

10c

12-15

12-

12-24

12-18

25c

12-10

11-14

$1.12'/a

1-2-48

Co.

(year-end)
America, new

com.

(initial)

Extra

Champion Paper & Fibre, common (quar.)
$4.50 preferred (quar.)
Chapman Valve Mfg., 7% pfd. (s-a)
Charis Corp.
;
Charleston Transit, 6% preferred
(quar.)__
Chesapeake & Ohio Ry., common (quar.)
7- 31/2% convertible preferred (quar.)
Chesebrough Mfg. (quar.)

__

7'..Extra
Belt

Preferred

class

District
A

ctfs.




11-21

Dominguez
Monthly
Monthly

Mfg.

Co.

B

Industries,

1

'11-20
11-20

11-25

C

nreferred

Common

12-

1-2-48

$1

(extra)

12-15

$1

Standard

12-

5

Securities,
(annual)

12-15

11-28
11-28

$$1

__

1-

40c

6

12-15

11-29
11-

(quar.)

90c

(quar.)

Dumbarton
&

1-

$1

,

2

Dunlop
5%

1-2

12-15

1-

2

12-15

1-

$1.12'A

du

1st

preference

2

12-10

(E. I.) de Nemours &
Common (year-end)

12-10

12-

1

11-15

1

11-20

$1

preferred

t50c

(quar.)

(quar.)

Extra

$5.25 series A

1

11-20
12-

8

Cory

2-

1

1-

8

Cosden

-

12-19

11-28

4

11-20

11-25

11-10

75c

12-

11-15

1

Common

5%

5%

(quar.)
—

30c

12-22

12-15

50c
933Ac

12-15

11-25*

1-2-48

12-15*

40c

12-

12-15

1-2-48
12-29

12-15

$2.50

Petroleum

1-2-48

12-13

25c

12-15

11-17

20c

12-10

12-

62'Ac

12-10

12-

20c

12-10

11-25

$1.3i'/4

1-15

1
1

11-10

12-

1

11-10

17'Ac

Ltd.

(interim)

Co., 33A%

preferred

Cribben & Sexton,

12-

1

12-13

11-29

a2'A%
(quar.)

4'A % preferred (quar.)__

12-30

12-

1

11-14

Co., Inc.
$2 preferred (quar.)

Crown Drug Co.

Crown

$1.75

12-19

11-29

6%

Overall

prior

$2

,

12-

12- 1,

11-17

1

(s-a)

Mfg.

10c

12-15
12-16

(quar.)

preferred

A

convertible

12-

1

11-20

12-io

11.20

1-

1

12-16

12-31

12-15

12-13

12-15

11-25

12-10

12-

preferred

A

9
9

1

1-

2

12-15

1-

2

12-15

12-10

11-26

!2-10

11-26

12-

$1.75

12-1

11-12

12-

1

11-12

1-

1

12-15

$1.50

$1.50
(quar.)

12-26
1-

1

1

12-15
12-15

12-15

12-

1

1-

2

12-20

25c

•.

com.

25c

1-

2

12-20

$1.25

1-

2

12-

1

1-

2

12-

1

$1

(quar.)

(quar.)
(final)

25c

12-12

50c

(quar.)

1-2-48

11-28

12-19

{15c

12-

1

11-15

55c

1-

2

12-

5

$1.50

(year-end)
(year-end)

1-

2

12-

5

25c

common

(quar.)

25c

12-8

12-

11-28

8

11-28

37'Ac

12-12

11-29

12'Ac

,

Stores,

12-12

11-29

$1.06'/4

1-

2

12-20

Oil

dividend

Paso Electric

Co.

preferred

(Texas),

(quar.)

com.

(quar.)__

12-15

12-

2

50c

(quar.)

12-15

$6

12-15

11-

3

12-15

11- 3

100%

Works

{25c

50c

Dorado

Extra

$4.50

11-

-

Railway—

(resumed)

B

Stock

11-24

1-24

1-24

$1.50

4'/4% participating preferred (quar.)
Eddy Paper Co., Ltd., class A (quar.)
Eddy Paper Corp.,

12- 5

11-17

12-10

$1.25

Products, Ltd.

Brothers
Extra

El

30c

11-15

12-30

'

(accum.)

Massachusetts Street

Class

11-21*

Co.—

preferred

1

1

(three

(accum.)

preferred

Edison

El

50c

12-

12-

Easty Washing Machine Corp.—

10-29

12-15

933Ac

28'/aC

1

12-16

$1.12'A

dividend

Eastman Kodak Co., common
6% preferred
(quar.)

11-10

$2.50

Crown Cork & Seal

$2.50

preferred

Class

(accum.)

12-

i5c

Inc.,

Corp.—

preferred

12-12

of

Eastern Steel
1

12-22

11-22

30c

(quar.)

$6 preferred B (resumed)
Eastern Steamship Lines,

12-19

12-

$$1.25

(quar.)

$7

11-19

1

12-10

$1

(quar.)
preferred (quar.)
Eastern Gas & Fuel Associates—
4'A% prior preferred (quar.)
6%

11-29

75c

6% 1st preferred A
(quar.)
Eastern Racing Association—
$2 par and no par
value, common
$1 preferred
(quar.)
Eastern States Corp.—•

{25c

(quar.)

convertible

Co.

(year-end)

(s-a)

1

11-20

12-13

1

1-

2
2

50c

12-

1

1

12-

2

1-

20c

(quar.)

Eastern

1-2-48

12-

11-

$2

1

10c

1-15-48

Ltd.—

preferred

6%

"11-15
"

Co.—

12-

Ltd.—

(quar.)

preferred

12-

11-14

I-T5-48

2
2

{62'Ac

Co.,

6%

12-15

75c

1

12- T

1-15-48

$10 par common East Coast
Electric Co. for each share
held).
East St. Louis & lnteiurban Water
Co.—
7%

11-

12-1

87'Ac

Coast Public Service—
First
liquidating
stock

11-14

$1.13
25c

_____

Electric, common—,
preferred (quar.)

Corporation

Courtaulds,
Crane

11-20

.12-15

5c

Corrugated Paper Box Co.,

2

1

12-31.

1-2-48

$1.12'A

Extra

12-12

40c

Copper Range Co
Copperweld Steel Co., common (quar.)
5% convertible preferred (quar.)

1-

12-

30c
*

Cods Bay Lumber Co. (year-end)
Copeland Refrigeration Corp

Cornell-Dubilier

preferred

Eagle-Picher

11-28

1-2-48

$1

(quar.)

-—-

Continental Gin Co., 4'A% preferred
Continental Oil Co.* of Del
Continental Steel Corp
1—

12-

12-

11-15

prior

shares

Co., common (year-end)—
$3.75
preferred
(quar.)___
Continental Casualty Co. (Chicago)
(quar.)

75c

75c

1

12-15

$1.12'A

Can

5

11-28

12-

62'Ac

—:

Continental

$1.50

12-19

(quar.)_

East

Corp. of America—
4%
preferred (quar.)
Continental Assurance Co. (Chicago)

11-15

50c

11-20

Container

11-21

87'Ac

1

6%

(quar.)

Consumers Co., $2.50 preferred
Consumers Power Co.—

$4,50

12-

2-2-48

$1.12'A

Co., Inc. (irreg.)
Eaton Paper
Corp., common

Ltd.—

11-17

2dc

Duriron

Mills,

12-15

2-2-48

7'Ac

$4.50

12-10

12-

Textile

H-18

15c

(s-a)

Pont

25c

preferred

12-31

l

50c

pfd.

Goods

25c

5%

12-

12-31

5c

Rubber

(quar.)

Consolidated

5

30c

(quar.)

Extra

2-2-48

15c

(quar.)

Laundries

Co.

2-2-48

81'Ac

(irreg.)
Corp. (reduced)

12-31

25c
$1.25

11-15

75C

12-31

12'Ac

(quar.)

1

$1

—

&

12-

25c

Bridge Co.

Tire

11-1*
11-

25c

Braastreet, Inc., 4'A%

12-15

1
5

$25'o

common

Co.

Bradstreet

&

1212-

$25c

(quar.)

Eelectric

Extra

1-1®

2-13

$25c

(quar.)

Corp., 4% preferred (quar.)
Drewry's, Ltd., U. S. A., Inc

Driver-Harris

Dun

1

i-30

$25c

Co.,

Pepper Co.

Dun

11-29

T37'Ac

Dravo

7

Power Co.

1

2-27

$75C

$4
preferred A
(quar.)
$3.25 2nd preferred
(quar.)
Dow Drug Co.
(quar.)

Dumont

12-10

f25c

(quar.)

Dow Chemical

Inc.—

12-12

$$1.25

(quar.)

Dr.

12-12

12-26

+38c

___

(quar.)

1

11-15

12-

12-26

{87'Ac

com.

12-

1

11-15

12-10

(West¬

(quar.)

Ltd.,

1

12-

12-10

1

{$1.25
(accum.)
Ltd.

11-15

$1.50

11-28

12-

Corp., Ltd.—

12-

12-15

11-29

15c

12-15

11-15

11-24

12-17
1-2-48

11-29

12-15

1

10-15

12-15

12-

voting trust certificates
$1 preferred (quar.)—
Donohue Brothers, Ltd.

2

10-15

12-24

12-10

Common

1-

12-10

12-24

12-15

5%
preferred
(quar.)
Dominion-Scottish Investments, Ltd.—
5% preference (accum.)
Dominion Stores,
Ltd.
(increased)
Dominion Tar &
Chemical, Ltd.—

1

12-15

2

15c

7%

12-

12-

(extra)

Diversified

Common

ern).

12-15

3

12-13

1-

12-24

15c

(quar.)
Ltd., 6% pfd.
Envelopes & Cartons

12-

12-15

2

15c

Dominion & Anglo Investment

11-15

1-

(monthly)

5%
preferred
Dominion Coal,

11-20

11-21

1

(quar.)

Fields

11-24

1

12-2

12-

37'Ac

quar.)

12-

1

11-21

i5C

12-10

12-

2

12'Ac

12-15

12-

11-28

12-

15c
Oil

Paper

1

beneficial inter¬

(initial)

5

12-15

50c

Doernbecher

12-

11-24

12-10

_—

Consolidated

1

Trust—
of

class

preferred

12-

25c

(irreg.)

11-15

11-29

62'Ac

preferred (quar.)
$3.50
preferred
(quar.)
Durez Plastics &
Chemicals

5%

12-

(quar.)

v. t. c.

1

$1

preferred B (quar.)
Consolidated Gas Utilities (quar.)___
Consolidated Grocers Corp., common (quar.)

20c

Co.__

Produce

12-

1

50c

Chicago Corp., $3 preference (quar.)__
Chicago & North Western Railway Co.—

77:5% preferred A

Chemical

preferred

$3.50

.

Hill Railroad

12-

56'Ac

Extra

60c

Aircraft

Chaimberlin Co. of

(year-end)

Co.

Extra

,3.40%

common

12-12

1

2

12-1

$1.50 convertible preferred (accum.)
Central New York Power Corp.—

Central Steel & Wire,

1

1-

Company
Doehler-Jarvis (increased
Extra

11-29

12-15
12-10

25c

Dobeckmun

11-15

12-15

H5c

(quar.)

A

1

11-29

7y2%

Corp.-Seagrams
Co., common

12-

11-29

12-15

75c

(quar.)_
Dobbs House, Inc.
(quar.)

12-12

11-29

2

a2'/a%
a2'A%

(interim)

Consolidated

(quar.)

com.

Central Illinois Light Co., 4'A%
pfd.
Central Illinois Securities Corp.—

Steel

1-

1-

11-6

2

11-29

2

37'Ac

(final)

25c

4'A%

v

(resumed)

Extra.

12-10

50c

preferred ' (quar.)
Central Bag & Burlap (quar.)

Certain-Teed

4%

$$5.25

(extra)

$1.10

6%* preferred

11-29

$$1.75

Foundry Co., 5%

(Bait.),

12-10

80c

(accum.)
(This
payment

Power,

11-15

12-

12-

1-

11-29

2

1-

$1

(accum.)
(quar.)

25c

(s-a)

(quar.)

Consolidated Gas Electric Light &

75c

(year-end)

Associates

1

12-31

25c

(quar.)'

Ltd., $2.50 non-cum. preferred
Consolidated Edison (N. Y.)

15c

$1.75

Central Arizona Light &

Ohio

12-

11-15

$25c

11-15

$1.12'/2

1

1

2

j.

$L25

Cup

$1

Quarterly
Consolidated

11-15
1

12-

50c

(quar.)__
Consolidated Bakeries of Canada Ltd.—

11-15

12-31

Dixie

$1

Service

(quar.)
Connecticut River Power, 6% pfd.

1

12-

11-20

$1
Power

1

1-15

1

—

—

12-

12-10

12-

Dominion

iquar.)

Connecticut.Light & Power

12-

50c

Distillers

30c

Transportation

1

50c

clears arrears)

Aguire

2

11-20

11-21

1-

15c

preferred

Dominion Malting Co.,

(Phila.)

Publications

Nast

12-

(quar.)

preferred

(quar.)

12-

1

$1.25

Co.

Public

12'Ac

(quar.)

Ltd.,

preferred

37'Ac

(initial)

Carson Pirie Scott & Co., 4'A%
pfd.
Cascades Plywood Corp.
(quar.)
Extra

preferred

12-10

12-

ap¬

(quar.)
Title

Community

$1.06'/4

Company, new com
preferred (quar.)
Carpenter Steel Co. (interim)
preferred

12-12

Ordinary

11-24

1- 5

12'Ac

Special

11-18

Co.—

$1 participating preference class A

4V4%

4%

1-2-48

25c

;

&

Subject to SEC

—

Connecticut
$20c

12-10

1

5

12-1

35c

(quar.)

Disston (Henry) & Sons
Distillers Co., Ltd.,
ordinary

12-

12-

12-

50c

Cement

12'Ac

Extra

Extra

(quar.)

Co

Extra

(quar.)

Congoleum-Nairn, Inc.

(quar.)

(quar.)

Corp.,

preferred

Common

Conestoga

12-

Chemical

convertible

12-31

12-10

1

12-15

1.2-15

1-15-48

25c

Diana Stores Corp.
(quar.)
Dictaphone, Corp., common (year-end)
4%
preferred (quar.)
Disney (Walt) Productions, Inc.—

60c

2

50c

(quar.)

1

Corp.—

Telephone

12-

$25c

Co.

12-

50c

12-

25c

12-15

$3

11-14

Heat

quar.)

Portland

37'Ac

Stamping

(accum.)

1-2-48

Wirebound

Preferred

&

"12- 1

1

(increased

10c

preferred

4%

A

quar.)

Alkali

25c

_

1

12-19

12-22

i5C

Almy

60c

(quar.)

$$1.25

$15c

Natural

Co.

2

25c

&

75c

& Southern

Commonwealth

5

lc

1-

$4

(s-a)

Diamond

1

12-23
12-

lOc

Diamond

1

11-15

12-23

12-15

ic

Tunnel

Oil

25c

common

11-15
11-17

1

25c

Extra

Class

1

12-10

30c

45c

(quar.)

12-

12-

$1.75

(irreg.)

Iron

(increased

50c
Co.

11-28

20c

(quar.)

common

Raynolds, class

50c

(increased).

1
1

12-20

ll-iO'

25c

1

11-28

1212-

35c

(quar.)

1

12-12

8,

12-15

$1

Extra

6%

1

12-

25c

B

25c

proval.
$5

Y.

12-

15c

12-

87'Ac

preferred

$37Wc

Boxes, Ltd.—
$1.50 class A
(quar.)
Capital City Products
Capwell Sullivan & Furth Oak—

Common

8

1

35c

12-

53'Ac

(quar.)

Conde

a

—

Cassidy's,

12-

Trust,

Products, class A (quar.)
Tire, Ltd. "(quar.)

Canadian

1-1-48

N.

2

25c

12-15

Co.—

common

Shearing

Commonwealth

Canadian Silk
Extra

$20c

(s-a)
International

"

12-13

$50c

Extra

Canadian

1-2-48

11-10,

12-15

1

11-18

1

Extra

11-28

1

12-

Dewey

12-

12-

$i

11-15

5

11-18

1

11-10

12-15

12-

11-18

12-

12-

1

50c

l

12-1

1

1-1-48

1'2-15

(year-end)

common

Iron,

Carbon

Commercial

$6

12-

11-

1

3

12-18

Foundry
Mortgage & Realty (quar.)

Class

11-10

1

Year-end

2

$$2.12

Canadian

Canadian

2

12-

Ltd.—

(s-a)

Extra
Class

12-

1-2-48

$$2

(quar.)

Canadian Ice Machine, Ltd., class
Canadian Industrial Alcohol

1-2-48

$$1

5

12-

(quar.)

Commonwealth

Extra

1-2-

12-15

Broadcasting System—
(year-end)
(year-end)

Columbia

1-1-48

Ltd.—

&

preferred

1

11-10

12-

1

1-

■

12-

Extra

11-10

1

1-31

12-10

50c

Gray

&

12-31

933/ic

$1.50

(s-a)

.

12-

1

12-

Corp.—

Power

convertible

$3

12-

25c

(quar.)
(quar.)
Colorado Milling & Elevator Co.—
Common
(increased quar.)
5%

$$1.12 'A

(quar.)

com.

50c

87'Ac

(quar.)

Supply Co. of

Detroit River
Devoe

(quar.)

Fuel

$25c

Products, Ltd.,

(quar.)
preference

1

$20.65

Inc.,

Colorado

12-

A

1

12-

(quar.)

Central

t25c

Canadian

12-

12-11

(quar.)

preferred

$25c

Extra

12-11

$1.25

11-15
11-

45c

75c

Aikman Corp.

Colorado

$15c

Canada

&

1-15-48

t$2
(quar.)__ $$1.12»A

Detroit

$3

Company,

Colonial

(Toron¬

Detroit

11-23

1
l

25c

preferred

11-20

12-12
12-

933Ac

Year-end

12-15

11-23

Corp

Derby Oil Co.,

12-15

5

11-17

12-

{17'Ac

Light, common
(quar.)
B

12-

1

12-12

25c

_

&

12-

10c

20c

A

35c

*

1-1-48

30c

Properties (increased quar.)
Mfg. Co., class A (extra)

Devonian

International

preferred

12-19

7%

1-1-48

20o

Colgate-Palmolive-Peet

$$1.75

Corp.

8

11-15

1

{37'Ac

Monte

Dennison

8

12-18

12-

common

Co.,

Dentists

12-

12-17

12-31

75c

preferred
(quar.)
Delaware Floor Products
Delaware Fund, Inc.
(quar.)
Delaware & Hudson Co.
(quar.)

8

12-18

1-2-48

30c

7%

Del

1

1-2-48

$1.75

(quar.)

(initial)

preferred

11-15
12-

1

12-17

12'Ac

preferred A

11-20

12-15

(quar.)

class

$3

preferred

1-26-48

12-20

1

12-15

(quar.)

A

$15c

12-

12-

(s-a)

Collins

11-26

12-12

$1.32'A

(year-end)

$3.50

12-15

Inc.

Common

4'/4%

11-26

12-15

Extra

Coleman

(quar.)

$2

Co.,

Coca-Cola

11-28

(quar.)

Mortgage

Corp.

Class

{37'Ac

$50c

Permanent

Coal

Common

12-10*

11-26

12-15

12-

12-31

$1.25

(quar.)

Extra

50c

(year-end)

com.

A

(quar.)

Power

&

$1.12'A

Graphite Bronze,

Coca-Cola

11-10

15c

j.

Canada

2

12-15

1

12-

common

(quar.)

Industries,
Monthly
Monthly

1

1-

$$1.50

Co.,

Cleveland

11-20

11-12

$1.12'A

Illuminating Co.,

Clinton

;32'Ac

1

25c

5%
preferred (quar.)
Cleveland & Pittsburgh RR.—
4%
guaranteed
(quar.)
7%
guaranteed
(quar.)__

5

12-

40c

(quar.)

preferred

11-24

12-

(initial)-

(quar.)

common

Inc.

Deep Rock Oil

2-10

12-

2c

Iron,

Electric

11-28

2

2-16

25c

5

1-

3%%

12-13

Mines

preferred

12-15

{$1.12'A

Dayton

50c

Extra

12-

5

12-10

11-12

1

25c

Cleveland

12-10

Class B

12-31

$1.25

Clayton

preferred

Mines, Inc.

12-

$1

Clearing Machine Corp., new com.
Cliffs

Day

3%%

(quar.)_—_

common

11-24

12-

1

1

11-15

2

12-

20c

11-15

1-

12-12

$1.25

12-15

t62,/2c

1

$1.50

preferred (quar.)
Clayton & Lambert Mfg

$5

(quar.)

12-

Deere

12-15

343/ec

12-12,

11-8

12-15

$1

preferred

Dahlstrom Metal Door Co.
(year-end)
Davis Leather
Co., Ltd., class A (quar.)
Davison Chemical
Corp. (quar.)

11-28

11-28

$1.75

12-15

15c

11-15

Chattanooga—

15c

(year-end)

1

11-13

2

$2

prior preferred (quar.)
Sons, 7% preferred (quar.)

Cutler-Hammer,
Extra

12-19

11-13

l

12-

$1.25

cum.)

11-10

12-19

1

12-

Publishing Co.—

($3

1

62'Ac

(quar.)

Silver

$4

12-

20c

(quar.)

5%

$4.50

7-17

Cushman's

12-

12-

$1

_

(quar.)

of

Curtis

11-10

50c

Co

1

preferred

City Water Co.

$1.05

Industries, Inc.—

l

$1.25

quar.)

City Ice & Fuel Co. (increased quar.)
City of New Castle Water, 6% pfd. (quar.)
City of Paris Dry Goods—
1st

8-1-48

1-17

25c

Co.

(Helena)

convertible

$1

Year-end

7%

2-1-48

$1

Stamping

Curtis

When
Roliere
Payable of Ree.

25c

Cuban Atlantic Sugar, 5%
Cuneo Press, Inc.
(extra)

12-20

11-14

12-

Year-end

City Auto

11-24

35c

common

47

$$1.50

(quar.)
(s-a)

Cuban-American Sugar Co.—
Common (year-end)

9

50c

Cincinnati New Orleans & Texas Pacific Ry.
5% preferred (quar.)

25c

Power

9

2

$2

50c

(quar.)

Northern

12-

12-12

$2

Milling Machine,
preferred (quar.)

Cities

1-

(quar.)

Steel Co. of America—
5%
preferred (quar.)
Crum & Forster, 8%
preferred (quar.)

Co.—

.

Cincinnati

12-13

11-

'Common

est

11-17

1

common

Malting Co.

Canada

Chicago

12-19

1

1

(quar.)

(interim)

Extra

Chain

6

4%

_

quar.)

75c

Dominion Sugar (quar.)
Dry Ginger Ale, common
preferred
(quar.)__

Class

Chestnut

1-

2

&

Canada

7 '

1

(year-end)

com.

02c

$4.25
Canada Foundries & Forgings, Ltd.—
Class A
(quar.)

4'A%

12-

12-

tlOc

Canada

Cessna

2

1-

(quar.)--

common

Co., Ltd., class B

preferred

Canada

7

1-

12-

Extra

!

Cincinnati

$1.75

Cement, Ltd., $1.30 pref. (quar.)___
Canada Crushed Stone, Ltd.
(quar.)

Central

11-18

12-

(quar.)

Canada

i

12-

$1

Bread

25c 1-15-48

12-15

Christiana Securities Co.,
7%
preferred (quar.)
Chrysler Corp. (increased

45c

Year-end
Canada

11-20

1

$37.60

11-20

$1

Cement

Co.,

12-

preferred

Co., Ltd.

1

6-

11-19

$1.25

(quar.)

Portland

Forge

Crucible

$4.20

3- 9

1

$1.12'A

5>A%
convertible prefcried
(quar.)
Campbell Wyant & Cannon Foundry Co.—

7

(quar.)

t35c

(irreg.)
Utilities,

12-

25c

common

12-

Jf'30c

(quar.)

Ink

12-15

.

7-15-48

15c

(s-a)

Power,

$4 convertible 2nd preferred
Crows Nest Pass Coal

25c 4-15-48

{lie

Timber

Electric

preferred

California

Central

(quar.)

{15c
&

11-29
11-29

25c

$1

preferred

12-15

25c

12-15
1

share

Zellerbach Corp.—

12-15

(quar.)

87'Ac

(quar.)__

;»

Co.,

Land

California

<

Oil,

87 Vic

preferred

Extra

Central

12-20

Crown

RR.—

(quar.)

4%

(increased quar.)

Butterfly Hosiery Co.
Calaveras

7 %

Cotton

Bend

Common

1

25c

Water

(J.

12-

50c

(quar.)

common

Butler

7%

1-2-48

30c

Buildings, 7% pfd. (accum.)
Brothers, 4'A% preferred (quar.)

Case

Chickasha

50c

Terminal

Carrier

11-20

30c

Butler

Carman

1

15c

'

6

12-

12-15

Per

„

Name of Company

:

11-29

5%
South

11-20

Concen¬

&

(quar.)

Burton-Dixie Corp.
Year-end

12-15

12'Ac
&

1

|35c

1

2nd

25c

1;

12-

$1.25

Extra

4

;

Roldero
Payable of Rec.

•Share

dividend

Quarterly
Chicago Yellow Cab Co,

(quar.)

convertible

preferred

Class

11-17

25c

preferred

to)

12-15

Extra
Stock

30c

Extra

7%

Chicago South Shore

>

(quar.)___

20c

Burrard Dry Dock, Ltd., cl. A (initial quar.)
Burroughs Adding Machine Co. (quar.)

;

11-17

$1.25

Mining

(2251)

When

•

Common

(quar.)

31/2%

'

11-30

37V2C

Brothers

3 'A %

-

11-12

12-30

$1

Extra

5%

12-12

12-15

12'Ac

Special
Burlington Mills Corp.,

'

28'/8c

(quar.)

trating Co. (quar.)

Busli

Company

Chicago Rivet & Machine

15c

(quar.)

Buck Creek Oil Co. (Irreg.)
Buckeye Pipe Line Co
Budd Company, $5 prior
preferred (quar.)__
Building Products, Ltd. (quar.)
Bullard Company (resumed)
Bullock's, Inc. (Los Angeles) (quar.)

4%

Name of

11-12

}30c

Brunswick-Balke-Collender Co.—
Common (year-end)
$5 preferred (quar.)

»

12-12

{30c

Extra

4'A%

CHRONICLE

Per

933Ac

(quar.)
Ltd

Brunner Mfg. Co., common

FINANCIAL

Reldere

Payable of See.

25C

__

;; 3% %
preferred
Bruck Silk Mills,

Bunte

When

'

'-Per

Co., common

&

■

•

,

..

Extra

.

1

S

■

12-15

11-3

40c

12-15

11-24

$1.12'/a

1- 2

12-19

11-17

48

THE

(2252)
Per
Name of

El

Gas,

Electric

Auto-Lite

Electric

Products

60c

(quar.)

common

75c

Co

Consolidated

Company

Emerson

preferred (quar.)
& Bay State Telegraph Co.—

—

(quar.)

—

Glen-Gerry

2

12-19

2

12-19

11-25

Globe

11-17

Goebel^Brewing

12-31

12-15

50c

1-2-48

28c

1

12-15

12-

12-

12-17
12-17
2

50C

25c

Capwell Co
& Equipment-

1-

3-15

1

12-

5

12-

5

12-19

Derrick

Emsco

(resumed)

Common

convertible preferred

4%

$1

(quar.)

Equity Corp., $3 conv. preferred (accuml) —
20c preferred
(s-a)—
Erie Coach Co. (quar.)
Erie & Pittsburgh Railroad 7% guar, (quar.)
—

Payment of 80c after deduction
Pennsylvania State tax

10c

1-1-48

$1

12-15

Line

Co./(irreg.)
Insurance
Co.
(Syracuse,

Excelsior

—

—

Gregg, common

Fairbanks

Morse

Co.

&

Metallurgical

Common

•Extra

Class

B

Firemen's

Fund

Indemnity

cisco)
Firestone

(quar.)
Tire &

Rubber

4y2%

preferred

(San

Co.

,12-5
12-

1

11-29

Gorham

Manufacturing Co.

Gossard

(H.

1

11-13

i

11-14
2

15c

12-18

12-

12-

1

11-15

12-12

11-29

11-

8

12-16

11-28

50c

12-

11-15

Co., Ltd. (s-a)
Indemnity
Quarterly

West
1st

2nd

18%C

12-10

11-20

12-20

12-

12-10

11-28

Greenfield

12-15

12-

1

12-15

12-

1

12-31

12-

1

New

Group No.

1

Oil Corp.

2

Oil

12-15

12-

5

Gulf

5

12-15

11-15

$1

12-10

12-

$1

1-1-48

12-

5

$2 preferred (s-£t)
(optional cash or stock)
Vs share of common stock
Corp.,

12-23

11-19

Extra

(quar.)

H.)

Co.

5c

to

12-

1

11-14*

12-

1

11-14*

$1.25

(increased quar.)

30C
5c

(M.

12-

1

11-14*

Quarterly

25c

12-

1

11-15

Extra

25C

12-

1

11-15

class

(s-a)

A

T-

Fitz Simons & Connell Dredge

t30c

1-

1

12-

25c

Fittings, Ltd.,

12-

1

11-20

llVaC

12-

1

11-20

5

Resumed

of

1

11-20

12-

1

50c

12-10
1-2-48

11-29

11-24

$1,121/2

12-

1

11-15

(increased

Common

Canada,

Hancock

Oil

B

1

Works

preferred

(year-end)

(quar.)
Refractories,

preferred

(quar.)_

com.

/____
(quar.)

(quar.)

preferred

(quar.)

Chemical

Hart

11-24

Hartman

Battery

11-14

$3

12-

(quar.)

Ltd.

Co.,

(year-end)

_

12-

1

11-15

Co., $4 prior pref.
preference (quar.)

(quar.)

Common

1

non-cum.

Freeport Sulphur

Co.

(quar.)_

62'/2c

12-

1

11-14

Haskelite Mfg.
Corp. (resumed)
Hathaway Bakeries, Inc. (quar.)
Hayes Industries, Inc. (resumed)

Trailer

Co.,

common

25c

12-

1

11-18

Hazel-Atlas

Franklin Simon. &

Fruehauf

(quar.)

preferred

non-cum.

Year-end
Fuller

(D.

B.)

Hecla

12-15

7 Vic

1-

1

12-

1

12-19

Co.,

Extra

12-12

Heyden

1-

2

12-

3y2%

1-

2

12-

1-

2

12-

12-15

12-

Mfg.

Co.,

America

40c

class B (year-end.)
preferred A (quar.)

Corp.

75c

75c

(quar.)

Extra

25c

,

General
General

Bottlers,

11-29
12-22

Hilton

11-15

7 %

preferred

Fireproofing Co.,
.preferred (quar.)
Mills,

Inc.,

Motors

$5 preferred
$3.75

2

$1.75

12-

12-

1

12-

1

12-

1

5%

Corp.,

common

preferred

(quar.)__

Holt

12-20

12-

1

12-17

11-26

preferred

12-17

84 %c

12-

1

11-10*

12-10

11-13

Corp.

2-2-48

25c

12-12

11-19

20c

common

(quar.)

2-2-48

93%c

(quar.)
Advertising,

Plywood

Extra

2

12-15

12-

11-

5
5

1

10c

12-15

12-

General

Precision

Equipment

25c

12-15

11-25

General

Portland

Cement

25c

12-16

12-

:

:

1

1

series.)
common

Cash
stock

or

44/1000th

1

11-19

50C

(quar.)

$6

1

12-10

12-

1

Gillette Safety Razor,
*'•4 Extra

Co

Stock

12-15

Horder's,
Horn

5%
Home

&

Inc.

Co.

Oil

Co.

Stores

Hudson

Bay

Hudson

Motor
Oil

12-10

Hunt

12-22

5

12-22

5 %

preference

2-

2

2

5%

preference

(12-15

12-j 1

75C

12-15

12-1

Co.

preferred

Cigar

11-16

1-2-48

12-12

J50c

12-31

12-1

42-'1

12-31

12-

quar.)

75c

12-12

16c

12-10

16c

3-10

Educational

&

International

Metal

(interim)__

Common

Co.,

(quar.)__

com.

preferred

&

(quar.)

$1

12-15

11-24

'

12-

11-14

'

$4

Co.

Papev,

preferred

Bearer

of

Canada,

common

(quar.)

—

Petroleum

(quar.)

...

f25c

International

Interstate

12-15
12-10

Interstate

Utilities

11-15

1-20-48

12-23

12-12

"12-23

12-12

12-23
12-23

12-12
12-12

12-12
12- 1
12-

1

12-15

12-

5

12-15

12-

5

37%c
t25c
$1
75c

12-15
1-15

12-

1

1-15

12-15
1- 2

12y2c
12-12
25c
12- 1
25c:" 12-15
30c
1-2-48
50c
12-15
50c
12-15
25c"
12-15
$1.50
12-15
125c
1-2-48
34%c
12-15
50c
12-20

12-11
12- 5
12-23
1-

5

12- 1
11-20
11-15
12-12*
12- 1
12- 1
11-14
12- 5
12-17
11-29
12-10

12-20

12-10

12-20
12-15
12- 1
12- 1
12-10
12- 1

12-10
11-28
11-20

87%c
$1.75
32c

11-20
12- 1
11-21

.25c
12-26
25c 1-30-48
25c
12- 1
'50c
12- 1
30c
12- 1
37%c
12- 1
40c
12-20

12-16
1-20

12-20

12- 5

60c

75c
25c
25c
50c
$1.25
30c
$1.06'/4

1- 8
12- 1
12-31
12-19

12-15
11-26
12-30

11-20
11-20
11-15
11-15
12- 5
12-18
11-21
12-19
12- 8
11-21
11- 3
12- 1

pfd.

(quar.)

(interim)

Gas

Public

$3.75

Fund

Service,

preferred

Iowa

Southern

Iron

Fireman

Lid.,

Island

Mountain

Jaeger

Machine
Oilier

Jamaica

Public

Mines

Co.

11-12
11-12

12-15

1212-

1

12-

1

12-15

135c

1-15

12-15

1- 15-48

12-15

11-26
12-15

12-

1

12-15

1212-

1

11-10

12-15

11-28

(interim)-

:|:3c

12-22

11-28

12-10

11-25

10c

12-

1

11-19

f25c

1-

2

11-28

1-

2

7%

preferred

7%

preference

B

(quar.)

xl%%

1-

2

11-28

preference

C

(quar.)

xlVt'/o

1-

2

11-26

1-

2

11-28

12-

1

11-25

60c

12-20

12-12

51c

12-15

12-

55c

12-11

12-

10c

12-12

11-28

50c

12-

12-

5%

5%
Jim

(quar.)

preference

Jantzen

Jewel

A

D

Knitting

preferred
Tea

Co.

Brown

xl>/4%

(quar.)

(quar.)

$1.25

(quar.)
Inc.,

Stores,

Johns-Manville

new

(initial).

pref.

(year-end)

Johnson

&

Jones

Lamson

&

x$1.75

Johnson

(extra)

Machine

(quar.)

Jones & Laughlin Steel,
common
5%
preferred A (quar.)_
Joslyn .Mfg. & Supply, common
4>/2% preferred (s-a)

Joy

K.'W.

Battery Co.

Kansas

3.80%
Katz

preferred

&

(quar.)

6

12-

5

12-

11-14

1

12-15
1-

2

12-15
1-15-48

25c

of

Canada,

$1.20

3

12-15
1

1-

2

12-13

iquar.)__

Gold

Oil

11-22
12-

12-

1

11-20

12-

1

11-20

1-2

12-16

&l.l2Va

5

Industries,

common

(quar.)

Keyes Fibre Co., $6 preferred
Keystone Manufacturing Co.

(accum.)

1

11-15

11-29

12-31

11-20

12-

1

11-20

$3.50

quar.)

(interim)

12-30

6V4C

(initial

Ltd.

13c

30c

Mines,

preferred

12-10

12-20

25c

Ltd.

t37V2c

1-

1.1-30

12-

$1

Corp.

Kerr-McGee

12-

1

$i.183/4

12-

11*21

3c

Keystone

Steel

(quar.)

Kimberly-Clark,

2nd preferred

preferred

conv.

12-

1

12-15

12-

1

12-10

11-28
12-12

35c

preferred

(quar.)

(increased)

1-

2

$1

(quar.)

(quar.)

5%

12-15

25c

1-

2

12-12

$1.12'/2

(quar.)

common

convertible

11-15

50c

(quar.)
1

Mill

11-15

12-15

$4

Wire

&

Extra
Kilburn

12-15

5c

(quar.)

Extra

1-

2

12-12

1- 2

12-15

25c

11*29

25c

12-15

10c

(s-a)

Kinney (G. R.) Co., common
Kinney Mfg. Co., $6 non-cum. pfd.
Kirby Petroleum Co. (year-end)

12-15

11-24

12-26

12-10

25c

Emil)

& Co.

Knudsen

dividend)

Creamery Co., common
(S. S.) Co, (quari)

(quar.)

Extra

(S.

H.)

Co

Kroehler Mfg.

Co., 4V2% preferred A (quar.)
Kroger Company, common (irreg.)
Lake Shore Mines, Ltd. (quar.)

,

the

(quar.)

Woods

Foundry

(quar.)
&

12- '1

12-13

12- ;3

12-11

11*18

12-11

11-18

12-

1

11-10

,12-29

12-22

$1.21%
$1.20,

12-

1

11-10

tl8c

12-15

11-15

12-1

.11*15

$1.25

12-1

41 -15

440c
$$1.75

12- .1
42-1

11-59
11- 3

ific

12-5)8

11-24

8

<llr24

Milling, Ltd.—

^

(quar.)

.preferred

12-10

10c

Co.—

(quar.)

5% ^preferred
Common

12-1

12-17

$1.50

30c

Lake Superior. District, Power
Common

12-15
12-23

50o

<quar.)_

5%

50o

(stock

20c

25c

(D.

Extra

2-

12-15

25c

Company, common (quar.)

Kerr-Addison

Lakey

2-14

15c

25c

4 Va %
preferred (quar.)
Kentucky Utilities, 4%% pfd.

7%

11-28

$1.12>/2

Extra

Lake of

12-10

12'/2c

(quar.)

(quar.)

Extra

Kress

1

11-28

95c

(quar.)

& Co.

Company

Kelvinator

Kresge

12-

12-10

25c

Kellogg

Klein

1

12-15

12-4

5c

(quar.)

Extra

4%

112-

Light—

common

(Julius)

12-15

60c

(quar.)

preferred

1-1-48

$2.25

quar.)

1-5-48

$1

(quar.)

Power

Drug'Co.,

$4.50

Kayser

12-4

60c

Vegetable Parchment Co.

City

1

2

$1.25

—^

Kalamazoo

9

5

60c

(increased

Manufacturing

Extra

11-28

Mills—

A

Machine

_________

(year-end)

_____

'

'

1

12-

'

1

12-15

37'/2c

<quar.)_

'

11-14

40c

Ltd.

1

1

12-15

5%

12- 1

12- 1
12-1

12-26

(quar.)_

(increased)

12- 1

$L50

12-15
12-15

1-15

30c

Engraving (initial)
Service, Ltd., com.

11-10

$1.75

(quar.)

12-31

12-31

25c

Co.,

12- 1
12-15
12-10
12-29
12- 1

(quar.)

30c

933/4C

Co

'

11-10*

12-15

25c

(quar.)

(quar.)

Utilities

Jahn :&

1

12-27

10c

(year-end)

Mfg. Co.
(quar.)
Shoe Corp., 6% pfd.

Irving (John)

12-

$75c

(quar.)

common

$1.25
75c
50c
50c
37%c

11-15
11-15

(interim)

com.

preference

Selective

Common

'11-15

$1.20

60c

Foundation,

convertible

Kingston Products Corp.

11-30

12-12

$1

(year-end)

King-Seeley,

-12- 1
'12- 1

-10-48

50c

(quar.)

Corp.

12- 1

12- 2
yl2-\5
11-14
11-6
11-10
11-15

2* »

11-12

40c

Natural

Intertype

12- 5
12- 8

12-15
<12-20
12-15
12-. 1
12-10
11-30

5*

12-

1

$1.25

Stores

12-22
12-20

11-14
11-14

12-

12-16

12-

22'/2c

(quar.)

$4.80

Co., common
preferred
(quar.)

12-22

11-20
12-12
11-14

12-15

$1.25

___

Corp.

Corp..

Department

Interstate

Iowa

'

$1.50

(irreg.)

(The)

Investment

'

11-14

11-24

$1

Bakeries

Investors

11-14

1

12-10

$1.25

(accum.)

Silver

prior

6%

1

12-

Railways of Central America—

preferred

5%

12-

50c

Corp

$2

International Salt Co.

Interstate

1

125c
Products

International

'

'

Co., Ltd.—

Registered

5%

)

Ltd.—

(s-a)

11-18

11-14
12- 2
11-15
11-13
1- 6

12-12

11-24

11-10
11-26

11-15

5

12-30

11-24

1

1

12-

12-15

12-15

1

2

12-15

12-12

1

5

1-

$1

12-

12-

12-

40c

Year-end

12-

2

Chemicals—

Extra

12-15

12-

11-15

1-

75c

International

2

87%c
$1.60
$1.06V4
50c
-'$1.50

1

11-20

1-

11-15

12-15

12-

t$1.12>/2

(quar.)

Nickel

International

11-15

12-15

1-15-48

11-20

11-10

1

1-15-48

12-20

1

12- 1

$1

t40c

12-

12-

10-31

Extra

12-10

50c

11*17

12-31

12-12

11-15

2-25

11-28

1

12-20

1

11-25

11-20

12-10
12-

12-30

2

12-10

12-10

20c

$1

1-

12-10

$1.50

tl%c

f40c

Year-end

2

11-14

12-15

f40c

11-15

2

1

1-15

Quarterly

International

1

1-

12-

Ltd.—

(quar.)

Minerals

International

1-

11-3

$1.75

(quar.)

11-15

11-18
11-28
12-10

1

Publishing—

Industries,

A

preferred

International

12-

,

12-

$37%c

.

Ltd.

(quar.)

class

11-17

12-

11-3

$1

preferred

4%

3-1

1

$1.10

Special

4V2 %

12-1

12-

30c

(accum.)
International Harvester

1

Ltd.—

Preferred

7%

1

$1.50

Coke,

I

12-1

12-10

-

11-25

(accum.)_

<

12-1

$$1.25

Machinery

Coal

11-15

>12%c
12Vic

preferred

(quar.).

Business

International

1

(quar.)

(extra)

____

(quar.)
series A

11*14

1

12-31

(quar.)
Machines (quar.)___

International

1

50c
15c
$75c
40c
$1
:25c

(quar.)

Huntington Water, 7%
6%

(quar.)

&

1-23

International

1

50c

Car

1-

25C

common.

Mining-Smelting.,

$1.25
_

for

(quar.)

Refining Co
Foods, Inc., common

Extra

vtc

(quar.)

Motors

1

12-

-12-31

participating preferred

50c

(quar.)

,

Co.

12-

20c
$1;25

16c

Steel
Co.
(year-end)
International Bronze Powders,

12

—

common

.

Sound

12-20

Corp.,

preferred

Howell Electric

Humble

Y.)

(Texas),

11-18

$1.50

12-

four

preferred

Lighting & Power

Extra

12-16

(N.

11*18

1

$$1,06V4

preferred

$1.06y4

each

for

(year-end)
(quar.)
6%

1

12-

(quar.)

$1

share

Co.,

6%%

25%
30c

(year-end 1

Hardart

11-18

12-

$37%c

Inland

4 Va %

held)

50c

;

(quai\)

(One

Silica,

12-

Bearing Co.—

(Joseph)

41/4%
Howe

&

preferred

12-30

1-

A (quar.)
(irreg.)

(Bklyn.)

Co.

Corp.

dividend

shares

12-15

62 Vic

(quar.)




1-

2

Oil

dividend

25c

;

(quar.)

common

(quar.)

Cash

aoc

_._

Extra

1-

$1

Guaranty

Mining

Hoover Ball

2

$1.25

Refrigerator (special)
Giddings & Lewis Machine Tool

Corp.

12-

$1.50

preferred

Gibson

preferred

12-10

50c

Power Co.,
preferred

Girdler

12-

(year-end)
non-cum. class

Inc.

(year-end)
Hooker Electrochemical,
common
$4.25 preferred (quar.)

Howard

$1.50

Extra

Georgia

Honolulu

Houston

dividend
share of

(quar.)

Georgia-Carolina Brick & Tile

Title

Homestake

Houston

General

Shareholdings Corp.—
preferred
(Optional
stock

(Henry),

Home

-

-

Holophane Co.,

$1.25

Outdoor

$5

Extra

1

1-

(quar.)

Co.

Manufacturing Co., class A (quar.)_
Holland Furnace
Co.
(increased quar.)

11-13

75c

(quar.)

General

$5

E.)

Hobart

12-

$1.75

common

General

$6

(Chas.

1

quar.)

;(quar.)

preferred

Kendall

Corp,, common (quar.)
preference (quar.)

12-20

1

(irreg.)__

convertible

$1

(quar.)

Extra

General

1-

12-15

25c

General

General

Hotels

4%

50c

Cigar,

Common

7%

12-29

121/aC

Inc

(quar.)

1

Hires

75c

A

1

General American Transportation Corp.—

Quarterly

preferred

common

1-

12-

participating

Corp.

12-

12-15

$3

Chemical

(quar.)

12-10

25c

1

$3.50
25c
25c

(s-a)

Inc.

Heywood-Wakefield Co., common
5% preferred B
Hibbard-Spencer-Bartlett & Co.—
Monthly
Monthly

Extra

l

50c

preferred

.12-

371/2 c

General

(quar.)—

common

Extra

Gaylord

Gemmer

Creamery .Co,,

Hewitt-Robins,

2

$$1.37

Brewing

11-24

1-

+$1.25

preferred (quar.)
preferred (quar.)
Container (quar.)

S%%

(G.)

11-13

100%

$30c

(quar.)

.

Paper Products, Ltd. (irreg.) __
(C. J.) Co., 5%% preferred <quar.)_

Hershey

15c

common

(quar.)

Hendershot

Hendry

tlOc

Power

Co.

Corporation
(year-end)
Department Stores, Inc
Mining Co. (quar.)

7%

Gary (Theodore) & Co.—
$1.60 1st preferred laccum.)

5%

Hearn

II-25

Glass

Hazeltine

12-15

12-

Heilman

___

& Co., 6% conv. pfd. (quar.)
Fuller
(George A.)
Co.
(stock dividned) —
One additional share for each share held

Gatineau

11-13

$1.50

(year-end)

Inc., common

preferred (s-a)
Fuhrmann & Schmidt Brewing Co.—
$3

1

1-10

12-10

$1

(quar.)

Fruit of the Loom.

$1

30c

.preferred

4%

Co.—

convertible

4%%.

11-

12%c

Co

Co.

Tobacco

12-15

1

11-20

12-

25c

Wholesale

Extra
Harshaw

11-24

12-

12-15

5c

Harrison

12-13

$1.25

11-21

/15c

(quar.)__

Extra

5% '2nd

11-18

12-

preferred '(accum.)
Ingersoll-Rand
Co.
(quar.)

11-20

$1.25

common

56y4C

(year-end)

12-22

$1.25

Co.,

12-13

,25c

(quar.)___

Fort Wayne Corrugated Paper Co.

1

40c

(M.

A.)

preferred

1

11-24

1

12-

50c
7%

12-

11-24

1-2-48

12-

12-18
11-21

25c

Co.,

1

12-

(quar.)__

(quar.)

(James)

12-

12-13

A

Extra

Hanley

25c

Bridge

class

12-24

12-13

2

25c

(Calif.),

Extra

25c

B

Extra

Pitt

Co.

11-14

25c

(quar.)

Extra

6%
preferred
(quar.)
Harnischfeger Corp., common

12-15

1-

12-15

25c

quar.)

Harbison-Walker

25c

12-27

5

$1.12%

1

81'/4C

class A

12-27

12-

11-20
11-28

$1.66V4

1

25c

of

Extra

1

10c
$1.25
75c

$1

(quar.)

5%

12-

Co.—

I-

12-22

12-18

12-20

25c

(quar.)

12-

12-15

12- 5

56c

(quar.)

Instrument

1-15

100%

12-15

..25c

(quar.)

common

12-15

621/2 C

$2.50 preferred (quar.)
Machinery Corp. (stock dividend)
ZV*% convertible preferred (quar.)

Food

12-10
12-10

25c 3-10-48

preferred

1

12-31

U2V2C

preferred

$12%c
*22'/ic

Co.,

preferred

Hammond

12-

tlOc

...

(increased

>

10-9

f25c

...

Extra

$7c

(interim)

Paper Co.,

8

A (quar.)_+
Acceptance Corp., Ltd.—

25c

Watch

Hammermill

Water

non-cum.j,class A

6%

12-11

12-

preferred

Industrial

$40c

5%

dividend

Co.

(quar.)
(s-a)

10c

(quar.)

2
2

50%

Co., common (quar.)
convertible
preferred
(quar.)

$4.25

1-

75c

Inc.

Ltd.

Bridge

Class

11-30

1-

85c

dividend)

30c

America

(cash dividend)

Motor

(s-a)

(stock

Co.

&

International

Ltd. (initial)
Cotton, Ltd.
(quar.)
Hamilton Gas Corp. (initial)

11-24

12-15

11-30

12-26

—

Hamilton

11-20

Stores—

Stock

Stores,

Mines,

414%

12-26

$1.10

(Canada)

Hanna

(quar.)
Florida Power & Light Co.—
4>/2 %
preferred (Initial quar.)
Mills

12-

J20c

$1

preferred

Fair

$20c

50C

Year-end

Common

Co.

Insurance

Hamilton

4%

11-20

11-10

25c

(initial)

(quar.)

Common

preferred
(quar.)
5% participating class A (quar.)
5% non-cum. participating class B (quar.)
Flintkote Company,
common
(quar.)
7%

Food

Bros.

Hallnor

4V2%

& Dock Co.—

Fitzsimmons Stores, Ltd.—

Flour

Hale

1

12-10

50c

Hamilton

Stores-

$1

iquar.)___

Extra

Halifax

50c or

Water

Corporation
dividend

Cash

12-

X20c

Hackensack

Hajoca

(Utah)

11-20

11-13

$1.25

Utilities, common
preferred
(quar.)

Gypsum Lime & Alabastine

1

preferred

pfd.

States

$4.40

Fran¬

Co., $5
(increased)

Sugar

Special
Gulf

1

$50

(quar.)

Guantanamo

5

12-

50c

(quar.)

Group No.

12-

11-13

35c

1

12-

11-20

12-1
12- 1

$1.25

5

12-15

Gas

Common

Co. (quar.)
(year-end)

Corp.

12-15

Co.—

&

5

12-15

11-14

12-1

2

3%

pertiCi 'preferred

6%%

1

12-15

$20c

convertible

4j/4%

l2-.fi

1-

quar.

Industrial

$1
$1.75

30c

12-

Oil

5%

12-20

$2

Indianapolis Water. Co., class A' (quar;)-

$2

1

12-20

11-14

—

Extra

Indiana

12-

1

12-

ji5c

Increased

11-19

40c

Corp

Corp.

Lines)

Imperial Oil, Ltd. (s-a)
Imperial-Tobacco Co. of Canada, Ltd
Imperial Varnish.& Color Co., Ltd.—

$1.50

Holder•

$1

(year-end)

(Leased

11-25

$1,75

12-

(s-a)

Fort

Cooper
Corp.

RR.

International

(quar.)

common

Brewury
(initial)

Grinnell

Products

1

12-

t75c
f75c

Western

common

Food
Central

12-15

$1

(accum.).

6y2%

$1.50

(quar.)

Die

&

pfd.

12-15

50c

(quar.)

Tap

$6

When

Payable of Rec

12-30

$1.25

37V2c

Special

(quar.)

Sugar,

preferred

Brick,

11-24

Ltd.—

12-

B

,

preferred
preferred

Pressed

5% ^.preferred
(quar.)__
Industrial Rayon Corp. (increased

—

preferred

Co.,

12-15

$2

6

10c

12-22

Class

common

Y.)

Co., common..

12-31

1

Firth Carpet Co.,

(N.

(quar.)

Co.,

40c

.

$3

12-

Class

Ry.

Saddlery

Griesedieck

11-15

:

Paper

Western

7%

12-

f30c

Co.

Pacific Tea

Northern

Great

1

11-

&

Extra

Great

6%

1

12-

$26c

(quar.)

Northern

6%

12-10

Ford

preferred

Great

,11-6

40c

Great Atlantic &

7%

1
1

$2.50

_

American

3-16

12- 1

$4

(s-a)

(extra)

guaranteed
(s-a)
Imperial Chemical Industries, Ltd.—
Ordinary (interim)

12-1

1242-

20c

Power

Great

,12-15

35c

Co., Ltd,, class A (quar.)_
Consolidated
Mining
Smelting

12-16

$1

York

.$2.50

common

5% .preferred

1-2-48

$1.12%

Fishman

Inc.,

4-1-48

(s-a)

5%

(irreg.)
(quar.)

Co.

Quarterly

Common

11-14

35c

Great

A

First

W.)

—

Granby

Class

(quar.)
of Ogden

12-15

11-15

Co.—

First Security Corp.

11-14

Hygrade

12-12

12-15

11-15

75c

_________

_

12-31

$1
$1.25

Grafton &

$3

(quar.)

fflyfrrfl.

12-12

11-15

$2

(quar.)___

class A

12-12

12-31

12-15

35c

America,

12-31

12-15

62 '/2c

(quar.)
Corp

of

Co.

llr-20

$1.25
(quar.)__

1

12-

12-15

Griggs

preferred
Enamel

Finance

$1
37%c

tl2'/2C

Shoe Stores Co.—

(quar.)

37'/2C

$12'/2c

15c

Gas

& Curme

Feltman

5%

&

Water

Federal

.11-22
12-1
.11-19
•12-3lr*v 12- 8
..

tl2%c

40C

(quar.)

12^12

$1

:

Share

Co.

4%

$1

common

,

30c

Works

Illinois

(quar.)

$1.25

_—

Co.,

11-15
11-22

(quar.)

25c

Farquhar (A. B.) Co. (quar.)
Federal Mining & Smelting (year-end)
Federal Mogul Corp

5*

1- 2
12-12

B

Extra

11-15

1

12-

Hydraulic

12-1

Class

7

$2.50

(quar.)
Quarterly

F.)

$5 preferred
(quar.)
Goodyear Tire & Rubber Co., com.
$5 convertible preferred (quar.)
Gordon MaCkay Stores, Ltd.—

11-13

1

5*

5c

C.)

(B.

1

12-

12-

tl'/tC

(quar.):

Year-end

$2.50

Y.)

Screw

Goodrich

i

12-

2

Company

Refrigerator

Huttig Sash & Door, 5% pfd. iquar.)
Hydraulic Press Mfg., 6% pfd. (quar.)

56(40

(quar.)

(s-a)

Co.

Co.,^6% preferred (quar.)_
Golden State Co., Ltd., 4%
pfd. (quar.)
Goodall-Sanford, Inc.
(quar.)

12-

:i2-

12- 5*

12-31
11-

25c

Corp

Farjardo Sugar Co. of Porto Rico
Farmers
&
Traders
Life
Ins.
(Syracuse,

Federal

(H.

;i2-

$1

(irreg.)

Ltd.

Co.,

$1.25

50C

2

A

50c

Y.)

N.

(quar.)

(The)

Fansteel

12-10

12-20

11-

Class

25C

&

Coe

Godman

Graflex,
87V2c

(quar.)

12-30

Per

„

Name of

Hussman

5c

Extra

$1.25

Faber

1

convertible preferred

Oil

$1.25

preferred

Co., 5%
Company (s-a)

Eureka Pipe

1-25

;i2-

12-

2-20

•

7%c

of

.

Railroad

Essex

$1.25

3

12-10

35c

quar.)

Extra

11-15

1

50c

(quar.)

11-20

4%%

Holdert

When

15c

(initial

common

Monday, December 1, 1947

Payable o1 Rec

25c

_

50c

new

12-15

12-

(quar.)
Brick

Shale

Co.,

1

12-15

CHRONICLE

Share

Co.

Extra

12-30

12-

$1.75

Emporium.

Glidden

12-17

$1.25

Year-end

Ferro

5

1-

$1

(quar.)

Empire Steel Co.

N.

,12-22

12-

Company

Machine

25c

Empire District Electric Co., com.
5% preferred (quar.)

Fair

Gisholt

1-

50c

Drug Co., 8%

Empire
4% guaranteed

Erie

8

80c

(year-end)
(resumed)-

FINANCIAL

Per
Name of

12-

7%

(increased)

Corp.

Corp.

&

Holder»

,12-26

20c

(quar.)

dividend

Stock

Electrolux

When

Payable of Rec.

20c

Special
Electrographic

Elliott

Share

Company

Natural

Paso

COMMERCIAL

15c

12-

'

Volume-166

Number 4651

ft »

THE
Per

Name oj Company

y

:

Lamston
\

New

\

yy

(M,

r

Share

(initial

quar.)

Sessions

v

Common

'•

$2.50

Co.,

Secord

1-

2
2

12-20

1

11-14

12-15

"

11-25

25C

Shops,

(quar.)_J_

Ltd.

12-15

12-

2

1

11-

Leather

Portland

Cement

Co.

4j/4%

&

Co.,

common

preferred

Mid-Continental

7

$2.50

Mid-West

11-25

12-12

11-25

12-15

12-

1

12-15

12-

1

12-31

12-22

2

12-10

Lee (H. D.)' Co., Inc.
(quar.)
(James) & Sons Co. (quar.)
Lehigh Coal & Navigation
Lehigh Portland Cement (quar.)

Co.,

57c

Glass

12-10

49

$1

(quar.)__

11-22

1

(D.
J.)
formerly
Stores, common (quai\)

11-28

12-10

12-

2

?

preferred

12-

1*

Missouri

1*

12-19

12-

12-

1

11-15

Mobile

12-

1

11-15

Co.

12-10

11-21

3-10-48

2-23

3-10-48

2-23

12-

1

Molsons

4*

Common

11-

4*

4y2%

12-

1

11-

7

4*

$2

1-2-48
12-31

Moneta

(Md.)

12-20

Monroe

12-31

12-11

Monsanto

12-

9

11-27

$3.25

1-

2

12-23

12-

8

11-21

iMoj

ivesr-end)

1

12-

1

11-

$1.50

12-

1

11-17

1

5%
Moore

12-23

12-

3

12-23

12-

3

M.),

Ltd.

Ltd.,

Lyon Metal Products
M.

&

M.

Co.

7%

preferred

12-15

12-

Is

12-15

12-

1*

12-12

11-

3

12-15

11-29

Morgan

11-29

Motor

12-15

Motorola.

12-

Mount

1-2-48

25c

(quar.)

1

Consolidated

Public

Service

(P.

&

11-14

11-14

$1.50

1-

40c

2

12-10

Company,

Manhattan

4'/47c

Shirt

Co.

pfd.

conv.

(quar.)_

1-15

1-

Gardens, Ltd. (interim)
Marathon Corp., 5% preferred (quar.)
International

Ltd.,

Co.,

Marine

ordinary

Mar-Tex Realization

11-21

Asphalt

Conveyer

11-21

Mathieson

Alkali

1-20
1-

1-

2

12-20

$2

12-

5

10-31

(G.

Co.

A

Mutual

Chemical

11-25

Nash-Kelvinator

12-10

11-25

National

12-15

12-

National

12-10

11-28

12-24

12-

3

National

12-24

12-

3

12-

Casualty Co.

M.)

Ltd.,

Oil,

McCord; Corp.. $2.50
Mclntyrer Porcupine

pld.

Ltd.

preferred

(quar.)

1

11-15

12-

National

11-15

11-14

Common

12-

1

11-21

Stock

12-

1

12-15

12-

1

12-15

12-

1

National

1-1-48

12-13

National

12-

12-30

11-

1-2-48

11-

1

12-15

>12-

1-15-48

2-

11-20

12-30

12-

,,

1

12-20

,11-

4

$i.06y4

12-

1

11-

1

11-

3

1-

2

of

share

Dairy

Class

Food

12-15

57c

1st

preferred

6%

preferred

1st

Mercantile

Stores

5%

(s-a)

1st pfd.

(quar.)

common

Quarterly

7%

Accident

&

Miners

Transportation

6

11-28

National-Standard

2

12-11

National

1-

2

12-11

5

12-

1

12-

5

12-

1

- •

(quar.)___w__.




-

^

,

.

12*10*

12-29

'

c.

«

12-

1

$4

non-cum.

12-10

11-15

12-10

11-

(quar.)
Co. of Canada—

11-

5*

11-

5*

1

12-10

Insurance

12-15

Paramount

12-

1

11-18

Park

5

57c

$1.75

12-15

12-

12-

1

11-20

15c

1-2-48

12-15

1-2-48

12-15

1-2-48

12-15

■

quar.)

30c

Co._-^

(quar.)
(quar.)^

12-

15c

12-20

12-

25c

Co.l

12-22

12-12

50c
$1

1

11-20
1

11-15

1

2

12-15

12-12

11-29

1-2

12-15

1

11-14

1-

5

11-

7

Company

Brothers
;

12-

50c
common

_.

Corp

.

12-

75c

12-15

11-28

$3.50

(year-end)

—

(quar.)___—j__

—,—

(Herman)

additional

share

$25c

2-15

1-15

$$1.75

2-15

1-15

12-

11-21

1

11-20

12-10

12-

1

11-20

12-

1

11-20

12-

12-

1

1

11-20

$1.12V2

1-2-48

12-15

12-10

11-30

12-

1

11-15

12-

1

11-15

12-15

1-15

50c

12-23
1-

12-

1

1-

2

12-12

2

12-15

12-22

11*

$3.75

12-22

$4

12-22

ll7l 3

3

11-17

12-

12- 5
12-5

11-25

12-15

12-

1

for

11-25

1

<

12-15

__

12-

$2

$2.50

1

12-15

$40c

12-

1

11-25
12-

8

2

12-15

25c

12-10

11-24

75c

12-15

11-28

1-

12-16

$1

(year-end)

common

preferred

(quar.)

12-19

11-28

15c

12-15

12-

1

2 72c

____

1-2-48

50c

(quar.)

12-15

12-

1

50c
62V2C

Gold

12-

1

11-24

25c

12-

1

li-20

12-

1

11-20

12-

1

11-20

12- 8

11-17

$20c

12-15

11-29

$35c
12-15
50c
12-1
$0.2083 1-12-48
$1 1-12-48

common

(quar.)

11-15

$20c

Reel,

&

1

50c

Rig

preferred

12-

$1.06%

(quar.)

Rust-Proof Co

Penick

Extra

1

)

75c

11-29

Dredging, Ltd.—

7%
preferred (quar.)
Patterson-Sargent Co.
Peabody Coal Co., new prior
67c
preferred
(accum.)

2-

Nelson

11-

1

25c

Manufacturing Co., Ltd.—
(quar.)

2-15

—Nefsner
-

12-

$$3

35c

(quar.)

Common

47Vic

25c

(initial)

Co.,

(quar.)

Interim
Paton

Peck

(s-a)

Co.,

Consolidated

5

preferred

12-20

$1

Year-end
Pato

12-31

$1.,

37V2c

(resumed)

(quar.)

Co.

Pen

$4.25

2-

Natomas

__

held)

Pictures

Parkersburg

2-15

50c

Tea

Nazareth Cement

(initial)

com.

(extra)

convertible

Parker

12-

20c

(quar.)

Chemical

Parker

11-24

Co.-—

(quar.)

Corp.

oreferred

2

1-1-48

12-12

12-20

30c

Co., 5% preferred (s-a)
Page-Hersey Tubes, Ltd. (year-end)
Pan-American Airways Corp.
(resumed)
Panhandle Eastern Pipe Line Co.—
Common
(quar.)

1-

$15c

12-12

12-23

20c

$1.25

(quar.)

Mfg.

4%

12-23

5

90c

Robinson

shares

Corp.

$1.1'2 V2

Co.

preferred

20

Packer

2

11-15

1

*

(increased

Corp.

12-

11-19

12-

37V2c

(initial quar.)

preferred

dividend—(One

50c

$1.25

com.

Mills

each

2

$1.12y2

Corp.,

Machinery

12-

12-10

10c

Stock

11-19

12-

—

partic. 1st preferred (irreg.)
partic. 2nd pfd. (resumed),

Finance

Pacolet

45c

6

12-15

10c

(quar.)

Extra

53yec

7%

■

12-13

3.8%

1-31

$1.62%

1

Sugar Refining
(increased)
Co., common (quar.)
4J/4%- preferred (quar.)

11-28

'-•*'-"3 "f

Steel

National

12-

50c

preferred A

non-cum

Pacific

National

12-11

Co.r-*

"

6Vz%

Co.

Radiator

Rubber

*

JJerritt-Chapman &Bcott Corp.-H-

Oats

National

12-31

2-16

$5

12y2c
Service

1-

.

11-28
11-29

30c

—

Linen

12-

$1.75

preferred -(quar.)

12-15

12-

11-15

25c

(resumed)

12-15

12-10

1

75c

(quar.)

$5

25c

preferred (quar.)
preferred
(quar.)___,_

National

•

Merchants

12-15

12-13

12-17

12-15

12-31

$1.07

12-

$1.20

(Minn.)

(irreg.)
Pacific American Investors,
$1.50 preference (quar.)
Pacific Coast Co., common

for

$5.25

25c

Common

$1.50

12-27

».

5

Insurance

11-26
*11-26

25c

12-

12-13

5

30c

(quar.,)—

12-20

$2.50

5

25c

<quar.)_

Common

11-12

12-

$1.25

9

Pacific

11-12
11-

<

(year-end)

Paper,

20c
share

Co.

preferred

12-

11-12

12-

25c

convertible

Mercantile Acceptance,

Common

1-15-48

1

5%

Power

9

1

4>/2%

Tail

12-

12-

15c

Year-end

12-

12-

5*

11-12

1

35c

12-19

11-28

12-15
12-15

12-

12-10

Otter

$3.60

12-20

$5

$1.50 preferred (quar.)
Oswego Falls Corp., 4'/2% pfd.

Oxford

1-2-48

tax

12-18

1

1

12-13

$5
56V4c

(quar.)

12-

12-

&

pfd. A

12-26

11-10

1

12-

12-25

75c

Extra

1

12-

12-15

$1.12V2

(irreg.)

12-15

$15c

Life

Co.

Building Co
Oslrkosh B'Gosh, Inc., common

11-27

$12J/2c

National

Memphis Natural Gas (irreg.)
Mengel Co:, common (quar.)

a

11-15

12-15

$1.25

Oregon-American Lumber

11-15

1-

1

(quar.)

Distillery, Inc

African

South

9

(quar:)

National

•

At ((accum.)

1

Corp.—
non-cum.
1st preferred
non-cum. 2nd preferred

40c

_____

>

11-14

1V2%

Products

25c

-

11-28

12-

$1

12-

Industries, Inc., common
participating preferred^

50c
$1.75

(quar.)___

& Chemical

25c

Co.—

12-15

12-15

10-27

40c

Industries, Inc., 4% pfd. A (quar.)
Ontario & Quebec Ry. Co. (s-a)
Ontario Steel Products, Ltd., common (quar.)
7%
preferred
(quar.)
O-O'Kiep Copper Co., Ltd. (increased) —
A payment of four shillings
or 74c after

Erie

Fire

preferred

$2.25

Poindexter

40c 1-15-48

held)

$2

Megowen-Educator

12-

25c

1

10c

Holding

Pacific Gamble

(15/1000

Drug

National

3

12-

62»/2c

(s-a)___
.

12-15

12-15

(quar.)__

12-

common

35c

(Hartford)
(quar.)
National Gypsum Co., $4.50 pfd. (quar.)
National Hosiery Mills, Ltd. (quar.),
National Lead Co., 7% preferred A (quar.)

12-16

1

50C

Corpn (quar.)

12-15

1-2-48

quar.)

preferred

National

2

50c

pfd.

3%

1- ,2

1-

13%c

(quar.):
5%

1-2-48

(quar.)

dividend

Convertible preferred
5%

12-

(Del.)

(cash

dividend

National

4c

Corpv (common (irreg.)__
4,/4.%i• preferred (quar.)

11-29

1

11-26

$$1.75

Oliil

12-15

12-

55c

10c

Common

1

15c

—

Mead

Co.,

Corp.
Cylinder Gas—

each

12-19

1

60c

(quar.)

McPhaili .Candy;Corp., common (initial)
"C 5%%?convertible
preferred -.(initial)

Container

4y4%

11-115

$1

&r:Bobbins, common
preferred (quar.)_;
McKinney; Mfg:iiCo._

y<°. 4%: 2nd preferred
Meadville Telephone

1

12-

$$1.00 y2

$4

Medfordi

1

t5oy4c

McKesson

11-29

&

75c

1

12-15
1-2-48

50c

Tube

Inc.,

25c

12-15

6272C

Ltd

Year?endi

12-15

(quar.)

12-

150c

Oils

Old

Extra

J50c

(s-a):...

Ohrbach's,

11-14

12-

20c

$25c

(quar.)__

Orpneum

National City Lines, Inc., common
$4 preferred A (quar.)_

20c

-(interim

Mines,

(Detroit)

11-15

11-15

25c

Co.,

Ohio

$2

(quar.)

1

50c

McColl-Frontenac

preferred

II-10

Co.—

15c

1

10c

McBrine«(L.

11-17
11-14

25c

(year-end)

Register

1

for

__

Service

12-8
12-15

1

11-10

12-

25c

Seamless

11-29

(quar.)

12-

11-21

Ohio

40c
Cash

National

___

11-15

11-29

Fibres
common

93 %C

(quar.)

3

America—

12-

—

12-

12-15

(increased)

Corp.

Co.,

1

75c

River

12-15

1

Automotive

Corp.

Co., IV2V0 preferred (quar.)—
Sand, 77c preferred (accum.)

Onio

30c

(quar.)

11-17

12-

(s-ai

11-15

62'/2c

(quar.)

Biscuit

National

Oil

Power

3

1

11-15

Extra

20c

Extra

3

Ohio

2

1

common

$1.50

National Casket Co., $7

12-24

convertible

I-

12-10

(quar.)

Co.,

Co.,

12-

12-15

12-

(quar.)

Leather

Ohio

12-

11-20

12-15

Telephone

preferred

Coiuection

$5

1

50c

1

held

shares

Associated

$2.20
Ohio

Ohio

12-

12-

—

Qil

Ohio

$1

93%c

Extra

50c

of

Nu-Enamel

11-28

11-15

1

11-25

2

Oak

11-15

12-19

11-25

2-

$33c

dividend)

2

40c

Co.

preferred

(stock

1-

25c

2

12-20

3

$$1.50

11-28

37y2c

12-

15c

2

(quar.)

11-17

12-

$1.12V2

1-

(quar.)

12-1

(quar.)

Manufacturing Co. (quar.),
Ogilvie Flour Mills, Ltd., common
7 7c
preferred (quar.)

12-15

11-20

$1
12V2C

Power, Ltd.—

11-28

(quar.)

12-10

6°l<

Namm's, Inc.

(quar.)

Service—
Co.

11-28

(s-a)

common

12-29

12-10

—

ii-28

10

12-19

$1.25

(Wis.)

2

Preferred

(quar.)

11-29

pid.

$4

2

each

1

12-10

"

(quar.)

1-

1

1-

1-15-48

(initial)-,

of

12-19

$1
25c

(quar.)

Corp.

1

15c

1-2

1

11-29
11-29

1-

$1

Light &

share

One

30c

8% pfd.
(year-end)

Inc.

convertible

30c

Company

2

Inc.—

85c

Extra

Maytag

12-

12-

12-20

12-20

75c

t$1.75

Works,

C.)

$3.40

$25c

75c

(quar.)

series-

Co.

12-16

Nu-Enamel

30c

37'/2c

common-

Initial

May MCEwen Kaiser

2

1

12-

$1.75

1947

12-

Scotia

30c

Brewing Co.,

37V2c

(quar.)

preferred

$3.75

preferred

12-16

(s-a)

50c

Mayflower Hotel Corp. (Wash., D. C.)

4%
$30c

Supply

60c

Year-end

preferred

preference

12-

12-13

ap¬

(quar.)

Pharmacal

6'%

20c

11-26

1-2-48

per

to

12V2C'

Public

preferred

11-14

12-

12-15

1

4V2%>
Norwich

11-21

12-15

1

Northwestern

12-15

$1.25

12-19

per

$17

(quar.)

Nova

+$1.75

11-28

2

1-

cash

$19.75

and

Ry.

preferred

11-14

(increased).

12-10

$3.11%

Co.

Power

12-15

Corp. of America
Muskegon Motor Specialties Co.—

2

5%

States

tl2c

12-18

5c

May Department Stores, common
$3.40
preferred
(quar.)__:
$3.75
preferred
(quar.)___—

1-2-48

12-10

t25c

(quar.)

Works,

87y2c

Murray

2 V2 %

(interim)

(year-end)

Co.

11-25

Muskegon Piston Ring

(quar.)

Corp.

12-15

40c

Murphy

2

Communica¬

Extra

Mathews

$lc

Pacific

lc

Munsingwear,

1

1-

$1.25

(quar.)

Co.

Northern

30c

25c

Electric

11-18

-

Water

12-

t25c

Corp.___

Ltd.

1

(quar.)

67V2C

Massey-Harris,

12-

Extra

35c

Leaf

Northern

1-

11-28

of

Northern Illinois Corp
Extra

1

t55V2c

11-12
11-20

12-22

shares,
of

(Subject

Co.,

1

(quar.)

12-10
12-10

each

(quar.)__

Water

12-

10c

Muncie

3

35c

(quar.)

Extra

Northeastern

11-10

11-24

12-10

75c

t$1.50

participating preferred (s-a)
Participating
Mullins Manufacturing com. class B

11-28

$1.06'/4

9

12-13

11-28

11-14

common

Refractories

12-

5%

11-28

12-10

(quar.)

12-

40c

Extra

12-19

25c

(quar.)

Co.

12-19

Extra

12-26

25c

R.)

Year-end

1-

2

Insurance

11-10

11-27

12- 1
12-15

Electric
for

B

lc

Muehlebach

11-30

<quar.)_

pref.

River

Quarterly

11-26

12-10

North

(quar.)

Fuel

30c

11-28

(year-end)

Corp.

Inc.

Producers

(initial)

common

12-20

1

11-27

2

50c

class A

Railroad

Class

11-28

Mountain

5

Penn

12-16

Mountain

5

American

North

$2

Co.

&

11-25

12-

Nortn

12-31

10-14

12-

1

12-15

Diablo Oil Mining & Development—

Extra

12-15

12-

2

1

1- 2
1-

12-10

5(JC

shares

21

rate

Rayon,

8

62y2c

P.)

Wheel

1

25c

prior

(J.

American

9

12-

11-30

divi¬

preferred (accum.)
preferred
(accum.)

2

preferred

12-18

12l/2c

6%

convertible

12-12

25C

Extra

Magma

RR.,

5

Lines,

'/2c

Trucks, Inc. (year-end)
Macwhyte Company (quar.)

Central

$2.50

6%

1-

12-

11-30

$1
$50c

dividend

12-

50c

12-

12-10
12-10

25c

:

stock

common

stock

12-

(quar.)—

8

12-22

$50c

$25c

51/2%
Nortn

11-28

11-14

American Investment Corp.—

2

(quar.)

Moore-McCormack

11-15

SEC.)—n

1-

preferred

$2.25

Mack

Copper Co. (quar.)
Mahon (ft. C.) & Co., new

12-

B

1

the

50c

Handley Hardware, com.
(quar.)

5%

12-15

12-15

12-15

$$1.03

7%

$3

(s-a)

12-20

of

and

stock).

1-

,

12-

12-15

12-

2

$1.62 v2

common

12-15

1

25c

Potomac

of

Cash
North

the

at

$25c

(annual)

12-23

12-15

2

1-

Refrigerating & Storage, Ltd.—
(annual)

Extra

2

(quar.)_

American

Wisconsin

$43c

12-15

1-15-48

1-

1-2-48

(quar.)

preferred

1

1-

75c

fractional

of

paid
of

t$1.12y2

common

12-

$50c

Wisconsin

North

12V2c

(quar.)

(s-ai

12-23

$1.50

11-15

of

lieu

(in
be

of

Power

20c

preferred (quar.)
preferred A (quar.)

+ 17>/2c

Lynchburg & Abingdon Telegraph

Mastic

Co.,
A

15c

(quar.)

11-15

1

(quar.)

88c

(quar.)

& Sales Co.

1

12-

quar.)

Tool

series

Corp.,

4%,

25c

(W.

12-

3

12-

(quar.)

(quar.)

stock,

Electric

50c

(quar.)

Chemical

1st

Moore

(s-a)

proval

11-28

50c

(quar.)

(liquidating

t25c

$2

(quar.i

Co.

11-28

$2
$25c

6

Co.

62>/2c

$1.75

RR.

12-16

!

25c

Mortgage

share

Common

25C

(quar.)

11-28

(quar.)

preferred

11-12

$1.20

12-16

common

(increased

pfd.

Montreal
12-

share

Mqntreal Cottons, Ltd., common (quar.)

—

$1.85

will

11-15

$12%c

Porcupine Mines, Ltd. (interim)
Chemical Co., $3.50 pfd. (quar.)

25c

(quar.)

11-26

25c

(quar.)

Machine

$25c

held

12-

11-26

12-15

45c

common

preferred

common

shares

$1.25

Mills

Co.,

preference

Monarch

12-22

37 V2C

Monarch

100

12-15

(quar.)

common

Corp. of America
Knitting Co., Ltd.—

11-

Extra

Marconi

Ltd.

11-

11-30

l%c

Co.,

preferred

$20c

Nashville

Ludlow Mfg.

Maltine

1

12-

25c

(quar.)

Carpet

Hosiery

5%

Potomac

12-12

Line, common

20c

Title

Mallory

Mohawk

Mojud

Power,

11-29

12-15

12-12

12-

93%c

Dock Co.

quar.)

Corp.,

shares

19 V'4

11-29

15c

(quar.)

2

12-10

12-17

50c

12-12

$1.25

Corp.

1-

12-22

Railway Co.—

(initial

American

12-12

8

2

$50c

convertible

20c

class B

1

1-

$1

(year-end)

Extra

dend)

1

12-

1

$1

50c

Birmingham RR., 4% pfd. (s-a)_
Containers, Ltd., class A (quar.)
Tool
Works, Ltd. (quar.)

1

quar.

&

&

11-

$2

Corp.

North

&

1

(initial)

com.

$2

11-20

12-

12-15

$1.25

common

75c

preferred

1

.__

Ltd.,

11-20

12-

11-14

12-15

Corp.—

Western

47c

(quar.)

Utilities

Modern

5%

Land & Exploration—

Louisville

7%

12-19

50c

Louisville

Master

11-17

Missouri-Kansas Pipe
Class
B

12-

Extra

tion

11-17

12-

(accum.)

Increased

Maple

12-17

preferred

12-

(quar.)__

11-20

1
1

Corp.

20c

(quar.)

Lumber

Louisiana

Maine

Appliance

Mission

t25c

77c
preferred
(quar.)
Los Angeles Investment Co.

Maine

Mission

11-20

t25c

Extra

J.

11-20

$12'/2c

(quar.)

1

1212-

11-22

12-

50c

Corp.

North American Car

$1.37%

12-13

85c

Extra

$1.27'/2

11-20

$2.50

;

&

New

11-20

11-20

quar.)

Molybdenum

"B"

1
1

Mining
Electric

Norfolk

$1.50

Canning Co.,

1

5%

Ltd.—

Taylor, 6% 1st preferred (quar.)
Lorillard (P.)
Co., common (interim)

M.

Valley

1

1

50c

&

Lowney

Minnesota

(initial

12-

75C

Long-Bell Lumber Co.
Lord

12-10

preferred

12-

50c

.

1212-

(s-a)

(year-end)

class B (increased)
Nopco Chemical Co., 4 7e preferred A (quar.)
Noranda
Mines
(interim)

11-25

80c

RR.

Co.___

Co.

Nineteen Hundred Corp.,

1

$1.25

(quar.)

Minnesota Mining & Mfg. Co.—
Common
(increased quar.)

$4

12-10

12-

J.)

Mfg.

Niagara Wire Weaving Co., Ltd.
Special

—

(quar.)

12-

II 10

(quar.)

(monthly)

$4 class A

preferred

Modern

(quar.)

Gas

6%

1

87'/2C

(quar.)

Long-Bell

12-23

25c

(quar.)

London Hosiery Mills,
Class A (quar.)

preferred ser. A

12-17

(quar.)

Star

convertible

Minneapolis Gas Light Co. (Del.)
5%
preferred (quar.)
$5.10 1st preferred (quar.)
5y2% preferred
(quar.)

_50c

(quar.)

common

8%

50c

(quar.)

15c

3 Vs> %
preferred (quar.)
Little Miami RR.—

Lone

12-16

12-15

37 '/2C

Inc.

80c

Harlem

&

(J.

Extra

12-22

12-10

5c

Year-end

12-15

30c

Extra

Common

2

$1.75

(quar.)

77c preferred (quar.)
Line Material Co. (cash dividend) (resumed)
Stock dividend (A share of common)
Lion Oil Co. (increased quar.)

Loew's,

1-

1-15

3.20%

.

1

12-23

1-

37>/2C

15c
25c

York

Niagara Lower Arch. Bridge Co., Ltd.

Street

(s-a)

preferred

Common

11-28

12-15

Fifth

3-20

Minneapolis Brewing Co. (year-end)
Minneapolis-Honeywell Regulator Co.—

11-13

12-10

12-

$1.75

Corp

Inc.

Common
(increased
quar.)
3%%
preferred (quar.)
:
Newport News Shipbuilding & Dry

12-20

11-15

$1

(quar.)

Groceterias,

6-20
9-20

1-2-48

12-15

11-12

Loblaw

Newport

12-

11-12

Lock Joint Pipe Co.,

3-20

11-10

12V2c

common

&

4-2-48

12-

12-

"A"

Newmont

6-20

12-

both

12-20

9-20

$1

on

1-2-48
7-2-48

1

12-10

$1.50

Newmarket

10-2-48

1

12-

12-31

$1

(accum.)

Newberry

25c

12-

1-2-48

RR.—

New

7-2-48

50c

preferred A

Louis

11-14

4-2-48

12-31

Chicago & St.

11-14

25c 10-2-48

-31-48

York

6%

12-15

$3
$1

1

10c

11-14

25c

5%

1

10c

12-15

(quar.)

Milliron's

11-

50c

12-15

25c

prior

1

Co

25c

Inc., common

preferred

1

12-

Brake

12-15

25c

prior

11-

Extra
New

1

11-

1

25c

4c

(s-a)

25c

$1

B

11-14

(quar.)

$1.70

A

12-15

(quar.)—.

$1.75

(quar.)_

Extra

Extra

45c

(S-a)

(quar.)

12-23

Class

11-18

preferred

11-

Class

1

preferred

12-23

Co.,

12-

preferred

1-

Co.

3c

Co.

prior

1-

Groceterias

1

(year-end)

1

prior

12-

Belt

12-

11-

$1

5c

Link

Auction

$1

30c

Loblaw

Air

York

$1

t25c

Savers

guaranteed
Special guaranteed
Original capital

York

New

11-

Extra

Special

New

11-15

11-15

Class B

'Liquid Carbonic Corp.,

11-20

1

11-20

1-

common

1

12-

12-

5c

Stores,

12-

3oc
$2

12-

Extra

Lincoln

$1.18%

12-

1-

Cup

12-15

Common

30c

preferred

2

1

1

12-

common

preferred (irreg.)
;
England Telephone & Telegraph
New Jersey Zinc Co. (irreg.)
New Park Mining Co.
(irreg.)
$3

1-

12-

lz-

50c

$3.50

preferred (s-a)_
New England Lime Co.,

4

12-15

00c

7%

Gas—

common

common

Holdere

Payable 0/ Reo.

15c

—

$1.50

Common

12-10

11-10

3

Cordage,

(accum.)

25c

Hart,

1-

1-

Bedford

Share

class A

12c

12-

40c

1

Tulip

Co.,

preferred
&

Co.,

New

Extra
Miller

Company

Mur

Class B

12-10
12-

31V4C

(quar.)_

Year-end

7%

1-2-48

New

1

12-

37'/2C

Liberty Fabrics of N. Y. (quar.)
Liberty Loan Corp., ciass A

Lily

12-22

97y2c

Extra

8%

12-10

50c

(quar.)

Corp. (irreg.)
Liggett & Myers Tobacco,

35c

35c

pfd.

conv.

11-19

25C

Leslie Salt Co. (quar.)
Lewis Brothers, Ltd. (quar.)
Lexington Water Co., 77c preferred

Libby-Owens-Ford

Oil

$1

(quar.)_

Lees

Electric

Midwest

6272c

G.), Inc., $4 pid.

12-16

1

Common

1-

25c

(quar.)

(R.

2

$1.75

Petroleum

Abrasive

12-12

50c

preferred

Tourneau

1-

12-

(quar.)

(quar.)

Consolidated

$3

(s-a)

(quar.)

common

Name oj
Nestle-Le

5

i-

When

Per

Payable oj Rec.
1-15-48

81 %c

>

preferred (quar.)
Public Service (quar.)

Michigan

$1

(s-a)

Extra

v

(2253)

Hoiaer»

15c

Michigan

4

When

62y2c

corp.,

preferred

40c

(s-a)

Lawyers Title Insurance, 6%

Life

Thermit

75c

C.)

Extra

:

6%

11-15

12-

Co.__

Corp., $3.25 partic. pfd. (quar.)

3.90% pfd. (quar.)
Michigan Associated Telepnone Corp.—

11-26

12-

&

25c

7%
preferred tquar.)
Metropolitan Edison Co.,

11-26

12-11

$20c

ttCCuin.;

12-15

$75c
17C

v

Metal

12-20

1-

Machine

$1

Lawrence

Leland

5

12-

$1

(quar.)

(quar.)

ca.my

(A.
Year-end

■

Metal Textile

50C

Lawrence

Le

Mesla

25C

25c

Extra

Leath

11-19

12-

Share

Corp.

12-24

62V2C

(quar.)

Co.

of Company

1

12-15

25c

(irreg.)

(irreg.)

preferred

Langley's Ltd., 7% conv. p^u.
Lansing Stamping Co. (irreg.)
Laura

Name

1-10

12-

15c

common

Bryant,, inc. (quar.)
Lanett bieacnery &
Dye Works
Lane-Wells

Per

Payable oj Re0.

IV2C
;

Lane

,v

FINANCIAL CHRONICLE

&

HoldLert

Messenger

•;

&

When

H.), Inc.—

common

Extra,

Lamson

,

COMMERCIAL

.

12-15

11-28

20c
—

1

.12-15

20c

12-15

25c

1-5-48.

11-29

5

&

&

Wilcox

Ford,

..Peninsular

(year-end)
Products Corp

Ltd.

Metal

Extra

Common

$3

com.

—

(quar

5c

-—----—,—

(quar.)

preferred

—

(quar.)

5UC

2

1-

2

11-15

11-28
11-22

12r- 3
12-3

11-22

1-1-48

12-15

50c

50c
25c

1-

1

12-

$2
jlOc.

Telephone Co.,

11-21

12-13

15c

Co

Extra
Peninsular

11-29

12-

Stow

preferred

12-20
>

4-1
3-15

12-

5

3-15
3-

5

50

(2254)

THE
Per

Name of

Pennroad

Company

Corp.

Share

(irreg.)

Pennsylvania-Dixie

Cement

4.40%

preferred

B

"&>■

(quar.)

Circle

Pfizer

12-31

12-

1

12-19
12-15

12- 9
12- 1*

Republic

12-

6%

11-22

1-

2

12-

12-

1

25c

$1.06'A

12-

1

12-21

5

11-20
12-

1

Philadelphia

12-11

12-11

Rice

11-19

Richardson

25c

12-

1

11-20

Richfield

25c

12-

5

11-15

12-

5

11-15

50c

12-

5

11-25

Robbins

12-

(quar.)

(quar.)

1-

5

11-25

12-10

$1.50

80c

&

11-26

12-12

11-20

12-31

12-

1

25c

(quar.)
Germantown

11-26

12-10

30c

common

12-10

$1

12-31

12-

1

Norristown

preferred

4

11-20

1

11-15

Rochester

12-

1

11-15

&

deposit
Bowes, Inc.,

1

11-12

Rockwell

12-

1

11-12

Rockwood

12-12

12-

1

5%

12-12

12-

1

5%

12-17

12-

1

Roos

Brothers,

12-

1

11-12

Ross

Industries

1-15-48

1- 2

20

$1

common

(quar.)

7V2%

preferred

11-15

12-12

11-15

53'Ac

(quar.)

12-12

10c

preferred

11-

15c

Extra

Pittsburgh Bessemer & Lake Erie

12-15

1-2-48

12-20

7

(s-a)

$1.50

12-

1

Pittsburgh Coke & Chemical—
preferred

$1.25
Coal

12-

1

11-20*

Co.—

Increased

50c

12-12

11-28

Pittsburgh Forgings Co.—
cash

37 %c

5%%

clears

all

Placer

Development,

Plastics

Corp.
Pleasant Valley Wine

(quar.)

Plymouth

dividend)

Stock

Oil

Co.

(cash

(quar.)_

Dividend

Polaris

Mining

Poor

Co.,

&

Co

class

,___

B

A

of

3.60%

Power

4.40%

12-

1

11-14

San-Nap-Pak

12-

1

11-14

Schwitzer-Cummins

12-

1

11-14

Scott

preferred

!

(quar.)

Scranton

25c
2%

12-19

11- 5*

Seaboard

Air

12-19

11-

Seaboard

Oil

5c

12-20

11-21

12-

11-15

Preferred

Co.

(quar.)

Pressed

Utilities

Metals

America,

Ltd.,

4%

414 %

Co.

preferred

Public Service Co.
•Common
share

(stock
of

each

(quar.)

Extra

International

partic.

preference

Securities

1
1

Seismograph
Serriek

t$1.50 1-15-48

12-19

Class

$75c 1-15-48
t35c
12-15

12-19

13%c

Public Service Co.

1

11-20

1

11-20

1

12-10

11-15

1-1-48

12-

1

Sherwin-Williams

$1.25

12-15

12-

5

Sherwin-Williams

6%) preferred

1

11-14

l/20th
Water

&

of

Co.

Class

a

12-15

11-28

12-20

11-28

12-15

11-14

12-15

11-14

Simmons-Boardman

12-15

11-14

50c

12-15

11-14

50c

preferred- (quar.)

1-15

12-15

Simon

$1.75

12-31

11-28

$1.18%

12-15

11-28

30c

1-1-48

50c

12-15

11-28

25c

Industries, Inc.—
preferred
(quar.)
Puget Sound Pulp & Timber, 6%
Pullman, Inc. (quar.)
Extra

12-

1

11-

6

12-

1

11-

6

50c

_

convertible

Purity

preferred—

(quar.)

common

Bakeries

preferred

Corp.

(quar.)

$1.25

(quar.)

1-1-48

____

12-10

60c

Putnam
Extra

Fund

__;

Pyrene Mfg. Co.

(irreg.)

Refining (year-end)
Stores, Ltd. (irreg.)
Rand's (Pittsburgh)
(quar.)
Raybestos-Manhattan (year-end)
Rayonier, Inc., $2 preferred (quar.)
Ray-O-Vac Company (quar.)
Reading Co., 4% non-cum. 1st pfd. (quar.)
Reading Fair Company
Real Silk Hosiery Mills, common (quar.)
Service

12-15

12-

12-15

11-28

1

12-15

12-

70c

12-15

$12Vic

12-15

11-30

2%c

12-15

1

preferred

preferred

Brothers,

Regal Shoe Co.

Inc.

dividend

held)

(One

(cash
share

2

12-

1

50c

1-

2

12-12

25c

12-

1

11-15

50c

12-11

11-20

40c
15c

12-15
12-15

12-

12-15

11-25

1- 2

12-12

1- 2

12-12

$1.18%

1

11-25

30c

for

each

1- 2

12-

3*

5c

dividend)

1- 2
12-15

25c

(quar.)

(quar.)

(irreg.)

1

l-

$1.75

(quar.)__
(quar.)

12-

$1

$1.25

Extra

Red Owl Stores, 4%% pfd. A
Reed-Prentice Corp. (quar.)

non-cum.

12-15

12-

1

12- 2

20

____,

preferred (quar.)

Grain Co., Ltd., 4% pfd. (quar.)__
Insurance Co. (Phila.) (s-a)




Saw

Ltd.,

Sons.,
&

Extra

5%

12-15

12-1

$$1
50c

12- 1
12-15
12-15

11- 1
11-28
11-21

Standard

12-

1

11-

7

1-

2

12-11

Oil

3%%

Co.

New

of

Railway
Silica

Standard

Stoker

12-

5

12-15

12-

5

12-12

11-29*

2-1-48

1-16*

,12- 1

11-14

Steel

Products

12-

1

11-18

Stein

(A.)

12-

1

11-18

Sterchi

12-12

11-25

12-15

1

12-31

Sterling

12-10

11-10

Sterling Electric

11-14

Fuel

Stock

Ltd.

Motors,

preferred
Truck
Corp. (s-a)

&

Fuller

Van

4%%

of

(quar.).

preferred

(quar.)

(quar.)

Corp.,

Talcott

pfd.

6%

A

$3

(s-a)——
(quar.)

A (quar.)
(resumed)

convertible preferred

Paper Co.,

common

(quar.)
Manufacturing (increased)
Lathe

South

Carolina

Works

(extra),

preferred

Southeastern

Electric

&

Gas,

(quar.)

com.

j.—

(s-a)

_

_

(quar.)
Southern Advance Bag & Paper, com. (quar.)
Extra

(quar.)...

California

Ordinal

Lines

____,

preferred

Southern

4.32%

Common

preferred

preferred

Edison

(quar.)

12-

1

11-19

37 %c

(quar.)

12-17

11-12

Terre Haute

11-10

12-

(quar.)'
Inc.',. common

10-31
11-14
11-14

12-19

11t19

12-19

11-19

12-31

12-

5

Texas

&

12-

1

Texon

Oil

2

12-15

12-15

12-

5

12-15

12-

5

$1

12-31

12-15

25c
62%c

12-29

12-10

2

12-19

25c

1-

—

12-10

12-30

12-15

12-30

12-15

2-

1

12-17

12-31

12-15

12-31

12-15

1-

2

12-15
12-

2

27C

—

12-15

12-15

12-

1

1-2-48

—

$12 %c

12-

3c

25c

11-15

11-28

12-15

25c
______

1

12-15

$1.95
(s-a)

12-13

12-18
1-

9

12-

•

12-

1

12-

3

12-

3

.11-12

12-15

11-28

12-15

11-28

90c

12-15

11-24

$90

12-15

11-24

30c

12-

1

11-15

12-

1

11-15

7%C

12-15

12-1

2%C

pfd.

7%

1

50c

10%

of

12-15

$1.75

(quar.)_

(quar.)—

(

Trust—

(year-end)

proprietary

Service

interest

(Del.)

Co.

(increased
Gas

__*

t; '

,

;

—

quar.)

(quar.)

_

Pacific

—

Coal

Pacific

&

50c

(s-a)

12-

X

Inc.,

Tb«m*stou

12-10

Tide

Water

12-

11-17

Tilo

Roofing

12-12

12-27

12-

1

12-31

12-

5

1-1-48

$2.50

—

12-

1

50c

50c

Roller Bearing

37%c

12-31

12-

5

Tivoll

Brewing!"Co.

27c

12-31

12-

5

Toledo

Edison Co.,

___ -

3-15
6-15

12-

I

1-15

1-

2

12-15

12-

1

12-

11-

7

12-15'

1

11-25

$1.25

12-

5

11-20

(v25c

12-

1

11-10

$1.06'A

12-

1

11-14

(year-end)
>

—_

(quar.)

12-15

30c

__________

pfd.

$2- 5
,11-25

25c

(increased quar.)

j,

4%%

12-15

$1

•___

Oil

(quar.)

6-25-48

$1.25

common

(quar.)...

Co.

4-1-48

$1

Associated

1-1-48

50c

Additional

Timken

12-31

31'Ac

——_—_

preferred

*11-10

$1

(quar.)

Quarterly
Quarterly
Thoiuyjun Products* Inc.,
4%

11-10

12-1

50c

—

Co

common

Mills

1

12-

10c

Railway—_______

Land

&

Oil

(year-end)
$1.25. convertible preferred
(quar.)
Thermatomic Carbon. $5 preferred
(s-a)
Textron,

12-31

Co.—

12-15

12-15

$25c

Works,

Southeastern

12-

1

11-14

12-30
12-30

$1

Texas

11-17

12-31

1

5

50c

certificates

40c
20c
$1.12%

1

12-

1

11-15

11-

15c

dividend

1

12-15

1-

1-2-48

56'Ac

1—
1

Land

dividend

12-15

12-15

1

$1.25

Water

Public

Stock

12-

$1.25

(quar.)

(quar.)

Sulphur

Pacific

Extra

12-

75c

—

—

Certificates

Texas

11-15

1

75c

(quar.)

common

._—,

Gulf

Cash

1

1-

$2c

Ltd

Corp.

Sub-share

Texas

11-15

12-

40c

^

1st

Tennessee
Extra

12-24

1

10c

5% convertible preferred (quar.)
Telephone Bond & Share Co.—

11-17

11-10

12-

40c

(interim)

55c

Greyhound

12-18

f.20c

(quar.)_

Tayl*r & Fenn, 4.32% conv. pfd. (quar.)
Taylor Pearson & Carson, Ltd. (Canada)

11-17

12 %c

"

Extra
Bend

11-26

2

common.!.

Inc.,

1

12-10

$1.37

preferred

South

1

1-

75c

preferred

31'Ac
25c

Extra

5% %

12-

25c

5c

(quar.)

common

75c

$1.25

1

50c

(James),

10c

Extra

Corp.,

11-10

(quar.)

Ltd.

Mines,

preferred

1

12-10

87%c
20c

preferred (quar.)
Oil Co. (quar.)

Socony-Vacuum
Sonotone

(s-a)

1

(quar.)

12-

1-2-48

12-20

50c

12-

65c

12-20

1-2-48

(quar.)

preferred (accum.)
Telluride Power, 6% 2nd pfd.

35c

'

1-2-48

12-

A

pfd.

6%

11-14

1

8

11-29

$75c

(quar.)

11-21

12-

II-

12-10

11-15

(quar.)

Gold

15c

3%%

Oil Corp.,

11-21

12-12

1

11-28

12-12

30c

8

12-

12-

Extra

4%%

11-

11-28

preferred

Co.

A

Extra

quar.)

Extra

$1.25

Class

11-28

1

1

Extra

Texas

12-17

12-24
12-

12-15

12-15

1

1-2-48

25c

12-12

12-

12-31

12-

preferred

Syracuse Transit
Corp
Tacony-Palmyra Bridge,

12-12

1-10-48

11-25

Sylvanite

share

11-18

$1

'

2nd

Texas

each

5

1

12-15

Extra

7%

5

12-

12-

11-21

11-29

11-19

12-

12-15

12-15

12-10

12-15

12-15

12-15

International.

3

12-29

12-20

Swift

11-

1-10-48

10c

11-29

1

12-20

11-26

25c

Paper

12-10

12-

12-10

12-11

50c

&

3

12-15

9

1-

(quar.)

Swift

11-

2

1-

12-26

1

(*quar.)

9

1

11-20

Co.

12-

12-

11-19

12-10

Co.

2

11-24

12-

12-10

$1

(quar.)

Mining

1-

—

& Sons,-common

(Alexander)

Co.

Swan-Finch

1

11-12

12-10

25c

(quar.i

participating

11-15

200%

Sloane-Blabon

A

11-29

45c
97%c
$1,25

for

common

(initial

Terstegge

1

$30e
$$1.25
$1,10
$$1.12%
$1:50

held
common

&

12-10

$1.50

shares

Two

(cash

12-

12-

12-15

1

25c

Webster

Oil

5%

2

25c

Sunshine

11-17

1-

12-

57c

Inc.—
dividend)

Sutherland

11-28

11-20

10c

(quar.)

12-15

11-17

2

Camp.

Co.

11-20

1

12-

11-17

25c

1

1

12-31

25c

12-

12-

11-28

1- 15-48

35c

(quar.)

12-31

12-

12-15

25c

Motor

Class

12-15

11-29

12-12

50c

common

2

11-29

11-29'

12-15

25c

tquar.)

12-

12-10

11-10

12-15

$1

(quar.)

12-22

11-29

11-10

12-10

50c

Products

Inc.

preferred (quar.)
(year-end i_
Stonega Coke & Coal (quar.)
Stowell Screw Co., Ltd., class

11-29

11-14

12-10

20c

(quar.)

prior

11-29

12-15

30c

&

12-10

12-10

$ 15c

(quar.)

(year-end)
Stores, Inc. (quar.)

Aluminum

Common

12-10

12-20

15%

Engineering

Drug,

Baer

12-10

11-20

20c

dividend)

(cash

Co.

Extra

Sun

12-20

1

12 %C

(extra)

2

12-15

10-31

12-

Phosphate & Acid Wks.—

12-

2

10-31

1

25c

.—

Stokely

1-

1

12-

1-2-48

37 %C

Mfg

Sterling, Inc., 4%%

5%

12-

1

$2

Co.

&

Stewart-Warner

Stone

11-15

35c

(quar.)

Co

Supply

Bros.,

Sterling

12-10

1

37 %C

Extra

1-

12-

—

dividend

Bros.

Stix

11-14
12-

25c

Quarterly

12-10

12-15

40c

common

Equipment

Standard Wholesale

1-

11-24

5

12-15

$10c

Extra

1-15

12-

12-10

40C

(quar.)

Corp.

12-13

11-10

12-28

12-

87 %c

Jersey

Ohio,

A

Standard

12-20

11-14

11-28

93%C

Kentucky

of

preferred

Talon,

(extra)

Gas & Electric—
(increased quar.)
preferred
(quar.).
Skelly Oil Co. (year-end)
Skilsaw, Inc. (stock dividend)

Soss

Co.

12-20

12-10

8

50c

of

12-22

...

4%%

$40c

7

City

Smith

Co.

Stratton

$3.90

5%

11-

12-

12-

50C

(Del.)

Strawbridge & Clothier, $5 pfd.
Stuart (D. A.) Oil Co., Ltd.—

Common

Sorg

1

12-

11-28-

—

Extra

12-

12-11

1-15

8

60c

Oil

Standard Oil

2

11-26

12-

25c

11-12

1-

2-2-48

85c

1

75c

—

Co.

(Detroit)

Extra

(quar.)
Steel

Simpson's Ltd.,

New

Standard

State

12-12

$1
40c

—:

12-

20c
62%c
$50c

common

25c

1

15c

Extra

Publishing Corp.—

12- 1

Regent Knitting Mills, Ltd.—
ianc--

&

12-15

(quar.)

12-17

preferred

preferred

Simonds

11-28

11-21

Indiana

11-18

5%

11-17

40c

_r

shares

1

25c

_

Quaker State Oil

Stock

12-

35c

(irreg.)

11-17

$1

(George)

1

15c

Extra

12-

12-10

California

of

12-10

Signode Steel

Sioux

11-21

of

1-2-48

(quar.)

Singer Manufacturing Co.

$4.75

12-10

Co.

Co.

11-25

(quar.)
Simon (Franklin) & Co. (see Franklin Simon)

11-28

5

Oil

Oil

12-15

(quar.)..

(H.)

1-5-48

Quarterly

11-25

Strapping, common
preferred (quar.)..
Silknit, Ltd., 5% preferred (quar.)

12-31

12-

50c

35c

$1.25

*2-16

Standard

Standard

25c
25c

11-15

5%

9

$1.50

$1.25

(monthly)

9

12-

50c

$1.75

(monthly)

12-

1-

12-15

(quar.)

1

convertible

$3C

Dredging Corp., $1.60 pfd. (quar.)
Standard Milling Co. (Illinois)
(quar.)

4%

12-

$3

11-28

$1

11-25

(quar.)

B

12-

12-15

$$1.25

11-15

Extra

Class

11-15

12-15

20c

Standard

$1.50

B

12-10

$1.12%

__:

12-18

*.

Signal Royalties, class A

11-17

(quar.)

1-

(quar.)
Ltd.—

pfd.

$2

(quar.)_

com.

11-15

Canada,

11-15

Publicker

Co.,

of

45c

New Hampshire

Public Service Electric & Gas—
$5 preferred (quar.)

Oil

4%

Co.

1

87%c

12-

preferred

$1.25
60c
$1

12-

(quar.)

Standard-Coosa-Thatcher

$$1.75

Co.,

Signal Oil & Gas Co., class A

for

11-15

12-15

(quar.)

Extra

(quar.)

preferred:

12-

11-15

12-

(quar.)

$$2

(quar.)

preferred

common

25c

preferred

1

&

25c
59%c

(quar.)

Shellmar Products Corp.,

12-

$1.06'A

Public Service Corp. of N. J.,
8%
preferred (quar.)

preferred

Co.

12-

7%

Cap

30c
$1.12%
25c

(quar.)___

(Frank G.)

12-

(quar.)

common

15c

(s-a)

dividend)

of

Shattuck

11-17

93c

22c
25c

(quar.)

(quar.)

70c

held.

preferred

12-

Brands,

11-15

20c

common

(year-end)

common

preferred

1

40c

Co.

Insurance

12-

Sterling

(quar.)

Inc.,

$4.50

5

12-

(quar.)

12-

1

$10c
$5c

Extra

Indiana—
Gas

A

75c

(quar.)
of

Corp.

class

12-

$1.37 %

tquar.i

25c

B

Serve?,
11-21

—

15c

Service

Corp.,

t

12-15

—

(quar.)

12-

Investment,

(quar.)

5%

11-21

11-29

$1.50

$1.37%

is-ai

preferred

5%

11-15

12-

(quar.)
Seal Corp.—
$1.60 convertible preference
(quar.)
Standard Chemical Co., Ltd., com.
(quar.).

31'Ac
20c

Acceptance Corp.,

12-

1

11-15

75c
Canadian

4%

12-

Colorado—

Indiana

share

3V2%

Reuancu

Co.

(quar.)

preferred
of

Service

$1.60

&

Extra

Inc

Prosperity Co., 5%

A

(quar.)

4%% preferred (quar.)
Shenango Valley Water, 5% pfd. (quar.)
Shepard-Niles Crane & Hoist Corp

pfd.

Public

P

Roebuck

12-31

12-

12-

1

36'AC

25c

preferred

5%

Delaware

12-15

Mfg.

of

Brothers,

Reeves

RR.,

of

12-15

$2.50

Corp.—
5%% convertible preferred (quar.)
Prentice Hall, Inc., common (quar.)
$3
preferred

5%

Line
Co.

$30c

12-15

Standard
$3.50

12-

1-13

11-15

12-20

conv.

Sons

preferred

$2.50
25c

,

Co

25c

(quar.)

1

11-17

1

1

12-1 o

Quarterly

Stedman

preferred A (quar.)
Seeger Refrigerator

t90c

Food

7%

Lace

50c

Inc.

12-

12-

$19c
$31'Ac

(quar.)

Extra

Ltd.,

5

12-15

$3.75

12-

10c

pfd. (quar.).
1st preferred (quar.)
6%

Standard Accident

91 'Ac

Manufacturing Co.—
preferred
tquar.i

$3.65

Second

12-

1

12-18

60c

12-15

2

12-10
12-

1-15-48

11-25

40c

85c

12-31

1-

12-20
12-15

1-2-48

11-25

5uc

Extra

50c

(quar.)

11-20

11-25

12-18

Standard

(quar.)

common

2

12-31

1-2-48

50c

Co.,

12-

Scovill

11-15

12-18

25c

Scythes & Co., Ltd., common
5%
preferred (quar.)

11-15

11-17

Associates,

Co

11-27

11-15

12-18

1

1

25c

(s-a)

4%% preferred (quar.)
Electric Co
Springer Sturgeon Gold Mines (initial)
Squibb (E. R.) & Sons, common
$1
preferred (quar.)
Staley iA. E.) Mfg. Co., common (quar.)...

25c

11-10

45c

Year-end

Rand

Loan

11-20

1

5

11-25

12-

—

Inc.,

75c

preferred

Telephone

preferred

$1.50
15c

(quar.)

Co

1

1

1-

12-

1-2-48

1

Service—

biaies

Spencer Kellogg &

1

12-

40c

(Dallas)

2

12-

25c

(quar.)

Insurance

Public

2nd

$1.10

5

1

11-15

11-30

A

Remedial

Mfg.

preferred

Life

Sparks-Withington,
Spear & Co., $5.50

Spiegel,

12-15

1-

20c

(quar.).

(increased quar.)

10c

pfd.

12-18

12-

1

12-19

—

Paper

12-

12-

12-15

Semi-annual

12-

1

a

5

25c

com.

—

Soutnwestern

12-10

(quar.)

11-28

22V2c

^

Ltd., com. (interim)
6% 1st preferred (quar.)
6% non-cum. partic. preferred (quar.)
Powell River Co., Ltd. (quar.)

5%

Co.

12-20

Sears

convertible

$5.50

12-

$1.25
Co.,

(quar.)

Sovereign Investors, Inc
Spalding (A. G.t & Bros,

1-2-48

Participating

Extra

Pure

Lead

Extra

1

5%

12-15

12-15

35c

preferred

5

$4
50c

11-28

5*

$1

12-

12-15

20c

(quar.)

12-15

Electric—

5

37 %c

(year-end)

Francisco

&

(quar.)
Investment

1-

50c
25c

12-20

Co.—

(initial quar.)

Powdrell & Alexander,

7%

Co.

1st preferred

12-19

preferred

11-28

11-15

Regis Paper Co., com. ( resumed quar.)

37V2c

(quar.)

Power Corp. of Canada,

•%,

Paper

6%

1

1-

1

20c

(irreg.)

Service

12-

11-24

Extra

35c

preference

America

Electric

Common

$5

Joseph

12-10

20C

1-15

12-

$1.25

St.

50c

class
Co.

Potomac

7%

St.

11-29

12-20

$1.50

12-15

25c

Croix

12-12

(initial)

12-15

12-10

$25c

(quar.)

11-17

25c

Extra

$1.50
Potash

.

Sabine
Royalty Corp
Safeway Stores, Inc., common
$5 preferred
(quar.)

12-10

5c

5

$1.12%

preferred (quar.)

10c

Materials

Southwestern

12-15

11-24

Year-end

Joseph Water Co.,

12-

12-

Gas

Southwestern

12-10

(s-a)

St.

12-

12-12

12-10

common

11-24

50c

2

25c

Ltd.

12-15

$25c

1-

12 %c
12%c
$50c
25c

12-12

$1.75

Ltd

11-25

2

(quar.)

Oil,

$3.40

7%
preferred (quar.)
Pittston Co. (initial)

5

1-

(quar.)

(Jacob),

$1
20c

(year-end)

Service

Electric

Southwestern

Standard

12-30

Pittsburgh Youngstown & Ashtabula Ry.—

12-

—

62%c

prior preferred series A (quar.)
preferred series A (initial)

11-26

5%

$1.06'A

12-

(quar.)

Electric

Southwestern

12-17

12-10

(quar.)

preferred
(Ky.)

$1.37%

5%%

2

11-28

2

quar.)

12-12

(this pay¬

11-10

11-15

12-1

quarterly

12-

$1

$1.37%

1st series

1

10c
30c
$1.25
$1.25
$1.25
50c
20c

15c

arrears)

12-

1-

(quar.)

Inc. (quar.)
Corp. (increased

preferred

San

prior preferred

ment

Southwestern

15c

(quar.)

common

12-30

Pittsburgh Steel Co.—

Price

F

$1

Extra

11-25

12-15

12-15

Sprague

$4

Pittsburgh & Lake Erie RR. Co. (irreg.)
Pittsburgh Plate Glass Co. (year-end)
Pittsburgh Screw & Bolt (quar.)

12-15

preferred A

12-12

37%c
25c

(quar.)

class A

50%

dividend

Increased

$6

Southwestern

11-15

12-15

quar.)

Quarterly

Co

Co.,

Royalite

St.

dividend

12-10

37%c

30c

Stock

Pratt

&

Common

4%%

(quar.)

Pittsburgh Consolidation

12-19*

2

Common

Extra

11-15

1

1-

12-18

$3.50

(quar.)

Roxy Theatre, Inc., $1.50
Royal Crown Bottling Co.
5%

12-19*

1-

17 %c

Mfg.

Ruppert

RR.—

12-31

25c
$$1
$50c

preferred
(quar.)
series A preferred (quar.)
prior preference iquar.)

5%

<.

(interim)

-25c
75c
$1.37%
90c
40c
$1.12%

1*

12-15

$1.25

(increased

(quar.)..
Co.
Gas

Electric—

preferred

12-

Ltd.—

receipts

Co.

&

37 %c

(quar.)

Co.,

American

Increased

Gas

20c

preferred

1

12-

17 '/2C

(quar.)

com.

Natural

$0.1979

(initial)

preferred

preferred

Union Gas,

Royalty

Extra

12-

91 Vic

each

4%.%

Southern

Southwest

$3.62%

arrears).

Robinson, Little & Co.. Ltd.,

(quar.)

Johnson

all

H.)

50c

for

2

$1

12-

25c

(H.

non-cum.

2

12-

lc

convertible

4%%

5%

12-

12-22

12-

12-22

75c

(quar.).—

12-12

$1

:

common

Soutnland

Co

c,ears

5%

share

(one

common

12-10

12-22

Co.,

9

Co.

50c

dividend

2

Railway

I-15

1

37 %c

Co

11-10

participating preferred (quar.)
& Mander Corp. (irreg.)
Robertshaw-Fulton Controls,
com.
(initial).

25c

held)
Pillsbury Mills,

5%

ment

1-

Southern

12-19

2-

$1.20

(quar.)l

12-

$1.50

$1.50

Water, common
(quar.)
(cash dividend)

12-10

Gas

1

Oil

Robertson

Suburban

12-20

Natural

1

Roberts

4%

Southern Pacific Co.

11-20

12-

Co.—

Electric

&

1-

& Myers, Inc.—
participating preferred (accum.)___
participating preferred
(This pay¬

$1.50

12-31

Southern

1-15

$1

Oil

Ranch

87%c

1-15

1

1-15-48

25c

$$1.50

(quar.)__:

12-

Corp. (quar.)
Riverside Silk Mills, Ltd., class B (interim)$2 participating class A preferred (quar.)_

Year-end

$5

(increased)

com.

2

(quar.)

Philadelphia

4*4%

Manufacturing Co.,
4%%
preferred (quar.)

1-2

Extra

Pitney

Rheem

12-10

Philadelphia Suburban Transportation—
Quarterly

Pinchin

preferred (quar.)
J.) Tobacco, 3.60 % pfd. (quar.)

(R.

preferred

ttotoer*

Ltd.—

Co.,

(quar.)

$1.50

convertible

Reynolds

preferred
Indiana Gas

Southern

Wften

Payable of mc

Water. Co.—

Power

partic

6%

Share

"

(quar?)

Canada

2-2-48

25c
25c

(quar.)

Copper & Brass, common
—
Reynolds Metals Co., common (resumed)—
5 '/2 %

California

preferred

4%

Southern

2-2-48

25c

75c

$3.65
preferred
Philco Co. (quar.)

9

Southern

12V2c

30c

$1

preferred

12-

11-21

Company

15c
15c

$1.06'A

(quar.)____

common

1-2-48

Extra

11-21

Name of

4.8%

Revere

$1.12%
$1.75

8

9

common

prior preferred A

12-

12-

(quar.)

Co..

11-14

1-2-48

(quar.)

B

12- 5

Extra

Stock

A

preferred

Petroleum

1

12-15

Inc.—

preferred

12-15
12- 1

______

Railroad

Fund,

6%

$2

(quar.)__

(quar.)

Investors

6%

12-22

(quar.)

(quar.)

preferred

12-

1-1-48

Republic Pictures Corp., $1 conv. pfd. (quar.)
Republic Steel Corp., common (quar.)

$4.50

Republic

11-12

Company

(Chas.),

0%

1

1

_____

Philadelphia Bourse
Philadelphia Electric,

$4

12-

tet

Holder *

25c
$1.12%

11- 1

1-15-48

3%%
preferred
(quar.)
Phelps Dodge Corp

$1

1

12-31

$1.75

—

Extra

11-

When

Payable of Reo.

50c

60c

(quar.)

preferred

Brewing Co.

Extra

1

20c

preferred

Inc.

(The)

Pfeiffer

12-

Monday, December 1, 1947

CHRONICLE

87%c

25c

2nd

Paul,

Pfaudler

25c

convertible

40c

(quar.)

4%%

4J/4% Tst preferred

4.'A%

Mfg. Co., common (quar.)
preferred (quar.)
Stores, Inc. (s-a)
Remington Rand, Inc., common
3%%

$1.37 %

Perkins Machine & Gear, 7% pfd.
Pet Milk Co., common (quar.)

Peter

Reliance

12- 1

$1

Co.

Corp.,

Share

25c

(s-a)_

preferred

Perfex

11-28

Company

10c

_

Perfect

Per
Name of

$1.10

$7 preferred (quar,)
Peoples Gas Light & Coke Co
Peoples Telephone Corp., common

I

12-15

92%c

Pennsylvania Exchange Bank (N. Y.)
Pennsylvania Salt Mig. (increased)
Pennsylvania State Water Corp.—

4%%

11-20

Reliance

Engineering

Extra

#T
f;

12-15

25c

(quar.)

FINANCIAL

&

H olden

Payable of Reo.

40c

Pennsylvania Electric Co.—
3.70% preferred C (quar.)_

Pennsylvania

When

COMMERCIAL

-

~

ft

-

f

it,■■

;■

Volume 166

Number 4651

THE

Per

^ Name of Company

i

'Title

40c

/

11-21

2

12-22

1-

3

12-15

{10c

12-

1

11-20

{10 c

Extra

;

1

1-

{10c

Brothers, Ltd. (interim)""-"
•Toronto Elevators, Ltd.
(quar;)__
-o

12-

20c

12-

1

11-20

12-10

11-28

Extra';

Year-end

Treesweet

75c

Products

Co.

""

(quar.)

Troy & Greenbush RR.
Semi-annual

12 %c

Truax-Traer Coal Co.—

12-15

12-

6-15

6-

12-10

payment

Twentieth

clears

$1.50

all

$3.75

Extra

preferred

(quar.)

12-

1

11-

12-

1

11-18

12-

Co.

12-

2

Upper

12-

2

Upper

11-24*

6%

1-2-48

12-10

♦

1-

2

12-10

Upson

50c

12-

9

1Z-

1

12-

9

12-

1

Carbon

Unite^-Carr

Co.

12-

United

Chem'cals,

United

12-

1

11-17

12-15

11-29

12-

1

12-

Elastic

1

Electric

United

Fuel

Van

Norman

Van

Raalte

12-

12-

1

11-18

12-

1

11-18

12-10

11-14

Verney

50c

12-10

11-28

60c

class

A

12-

1

12-

12-

1

12-10

11-14

25c

Cos

Investments,

12-10

11-24

(quar.)

{75c

(s-a)

6%

prior

preferred

Merchants

6%
5%

".

preferred

5%

(

12-20

11-21

12-20

11-21

12-29

12-

preterred

Common

United
•

12-

1

11-15

12-

1

11-15

Wabasso

U.

12-

1

11-15

1-2-48

12-15

Waldorf

Casualty Co..

$1.25

4-1-48

$1 25

7-1-48

(interim)

U.

•

convertible

S.

Foil

Co..

7%
"

U.

preferred
arrears;—

is-a)

U.

S.

S.
$4

,

1

11-17

Wamsutta

12-

5

Warner

Brothers

Warren

Brothers Co.,

1-2-48

U.

,

1-2-48

(quar.)

S.

11-20

$1.25

Mills

37V2c

2-2-48

1-15

5-1-48

4-15

37V?

8-2-48

5

Woodward

5

Wool

12-

11-14

12-23

75c

Class

B

C

1-

6

12-19*

Warren

1-

2

12-19*

12-

5

12-23

12-

5

50c

12-31

12-

8

Warren

12-24

12-

8

12-

8

$1.06%

12-

convertible

class

A

preferred

(irreg.)

1

11-19

Waukesha

12-31

12-18

Wesson

1-30-48

1-15

preferred
(increased quar.)

$1.50

12-15

1-30-48

1-15

22 %c

Playing Card Co.

(s-ai

1-2-48

$5

12-17

11-15

62%c

12-16

50c

1-2-48

1-2-48

$5

3

5

12-23

Jersey
special

&

2-

2

guaranteed

State and
BOND

11-25

1

11-5

12-

1

pfd.

Yellow

1-15

Mfg.

Cab

$1.12%

(quar.)

1-31-48

12-15

12-

12-

1

11-15

12-17

11-17

12-

4

11-20

1-10

12-24

31'Ac

{50c

Co.,

12-

1

11-10

3%

12-

8

11-

10c

12-

1

11-24

50c

12-20

12-

5

2

12-

5

12-15

12-

5

$1.12.Va

12-15

12-

5

50c

(quar.)_

12-

1

11-15

12-

1

11-15

6%

convertible

11-15

6%

convertible

preferred
preferred

convertible

preferred

York Corp:,

11-14*

933/4C

12-

1

11-14*

4Va%

common

preferred

Youngstown

11-25

1-

2

12-

(quar.)

25c

12-

1

$1.25

(initial quar.)__

1

12-

1

(quar.)

1-20

(increased s-a)

7-31-48

25c

Door

7-20

*1-2

12-

2

12-

12-15

12-

1

2

12-

1

56V4C

1-

25c

1-

1
1

$1

12-15

$1

1-2-48

11-19

5

12-20

20c

1-

11-19

11-14

11-24*

xLess

11-24*

♦Transfer

12-

2

tPayable

in

12-12

12-

2

{Payable

in

resident
12-

1-24
4-20

37M>c

__

& Coke

12-12

$1.50

11-14

2-1-48
1-31-48

Extra

Co.—

(s-a)

1

25c

75c

s-a)

11-20

37VaC 4-30-48

(quar.)

Steel

Zeigler Coal
12-

11-24

1

12-

37V2c

(quar.)

Youngstown Sheet & Tube Co

1

11-15

12-

25c

Extra

12-15

1

12-

1-2-48

{4c

25c

25c

11-15

11-17

1-

$2.50

(quar.)

1

1

3

$1.12Vsa

com.

common

1

1

1

50c

prior preferred

12-

12-

1-15

Co.—

Common

1

11-17

$1.50

50c

convertible

12-

25c

RR.

1

12-

90c

(quar.)

12-

12-

quar.)

Seashore

12-

25c

interest

12-16

Inc.—

(increased

$1.12'/2

5%
prior preferred ts-a)
Wright-Hargreaves Mines, Ltd. (quar.)
Wrigley (Wm.), Jr. Co. (monthly)
Wurlitzer
(Rudolph)
Co

20c

Extra

West

12-

1-5-48

$1
com.

(initial

Sugar

11-20

$1

preferrred

75c

Indies

1

11-15

1

tax

T.ps.c

<»

30%

Jamaica

books

U.

income
closed

not

tax.

for

S.

Funds, less
Canadian funds,

15%;

British

resident

income

tax

this

dividend.

15%

Canadian

tax

deductible

non-residents'

the

at

tax.

Non¬

source.

7%.

tax..

City Department

PROPOSALS AND NEGOTIATIONS

ALABAMA
sold

subject to the approval of
Reed, Hcyt & Washburn, of New

Jefferson

County (P. O.
Birmingham), Ala.

York

Bond Offering — C. M. Pinson,
President
County
Commission,
^ will sell at public auction at 10
a.m. on Dec. 4, $159,000 bonds and
,

2%

of the

warrants

as

$120,000

bids

follows:

Due

refunding
court house
jail construction bonds.
$8,000 on Jan.-l, from

1951

to

and

1965

payable

on

thereafter

.

the

Jan.

on

interest

bonds

1959,

the

and

any

at

date

to

months

12

interest

at

the

rate borne

39,000
'

by the bonds.
refunding road warrants.

Due-

on

Jan.

1,

as.,

follows:

$2,000 from 1951 to 1969, and
$1,000 in 1970. The warrants
are
payable on- Jan. 1, 1959

I.

and thereafter are redeemable
at the option of the County,
either on Jan. 1, 1958, or July
1, 1958, or upon any maturity

•.

•

•

or

interest

payment
date
and accrued

thereafter, at
;

•

•

interest
to

•

*

-

•

..

12

plus

par
a

months

premium equal
interest

at

the

rate borne by the warrants.

the

were

no

$4,500,000

not

to

bridge bonds offered Nov. 25.
166, p. 1830. The Board of

—v.

exceed

interest

3%

road

Revenue and Road Commissioners

readvertise

may

the

bonds

for

sale.

ARIZONA

July
maturity

payment

for

and

or

thereafter, at par and accrued
interest and a premium equal

;

received

County,

1, 1958

1, 1958, or upon
or

1,

of

Jan.

The

redeemable

are

option

either

incl.

County (P. O. Mobile), Ala.

Mesa, Ariz.
Bond Offering

—

J. Edwin Mil¬

ler, City Clerk, will receive sealed
bids

the

until

8

p.m.

on

Dec.

22

for

purchase of $100,000 not to
3%
interest
recreation

exceed

building,

series

1947

coupon

Mil

Simms, State Treasurer, in the
Capitol Building, City of Phoenix,

t>-m.

until 2

chase

on

Dec. 8 for the pur¬

of

$169,000 not to exceed
3% interest refunding bonds. De¬
nomination $1,000. Due on July 15,
as
follows: $20,000 in 1949 and
1950; $21,000 in 1951; $22,000 in
1952 and
1953; $23,000 in 1954;
$24,000 in 1955, and $17,000 in
1956.

1955

to

from

1963

to

1968

cipal

incl.

Prin¬

interest

and

at the

to

(J-J) payable
City Treasurer's office. No

bid for less than par and accrued
interest will be considered. Ap¬

proved

Bids must

state

the

rate

of

interest to be paid. No bid at a
price less than the par value of
the bonds will be considered. The

bonds will be delieverd at the of¬
fice of the State Treasurer, in the

are

Oct

7.

A

certified

check

for

on

5%

A

Phoenix,

certified

check for 5%

or

Ariz.

cashier's

of the par value of

the

bonds, payable to
Treasurer, is required.

the

State

CALIFORNIA

to

authorized at the election held

Building,

opinion of Gust, Rosenfeld, Divelbess, ^Robinette
&
Lintony of

legality by Gust,
Rosenfeld, Diyelbess, Robinette &
Linton, .of Phoenix, amd the pur¬
as

Anderson Cottonwood Irrigation
District (P. O. Anderson),
:

;

Nov.

on

10—v.

166

1528

p.

<

Calif.

Bids Rejected

Beaumont,
City

Clerk,

bids until

will

to

1948.

Dated

Jan.

interest

1962

to

inclusive.

County Treasurer's office.

2,

in

be

of 1%

and not

terest

rate

certified

than

be

bid.

No

Chairman

County
quired.

lk
in¬

one

44,000

at

the

the

bonds

election, held

Oct.

7.

of

&

the bonds

the

Myers,

certified
bid

of Los

check

for

Dec.

2

County

1950

of

the

Board

is

Supervisors,

Riverside County, Perris

to

of
re¬

refunding second issue bonds of¬

cal

school

district bond issues:

Sch. Dist.

(P. O. Riverside), Calif. >
Offering—G. A. Pequeg-

Bond

nat, Clerk, Board of Supervisors,
will

for

purchase of the following lo¬

on

from

Rate of inter¬

quired.

Bond Offering — Earl Lippold,
County Clerk, will receive sealed
a.m.

1

inclusive.

Chairman

for, payable to

Angeles County Sch. Dists.
(P. O. Los Angeles), Calif.

10

on

bonds, payable to order of the

3%

City, is required.

until

District

Jan.

certified check for 3% of the

An¬

Los

bids

of
re¬

annual interest payable at the
County Treasurer's office.
A

,

A

Jan.

is

est, not exceeding 5%, to be
expressed in a multiple of V\
of 1%.
Principal and semi¬

purchaser will be furnished
with
the
approving opinion of
geles.

School

Dated

1971

The

O'Melvenv

Bassett

000

authorized
on

Board

1, 1948.
Denomination $1,000. Due $2,-

pal and interest (J-J) payable at
the office of the City Treasurer.
are

the

of

Supervisors,

bonds.

bids

for less than par and accrued in¬
terest will be considered. Princi¬

These

A

check for 3% of the

bonds, payable to order of the

of

multiples of

more

may

Rate

Rate of in¬

annual interest payable at the

$1,000. Due
on
Jan. 2, as follows: $2,000 in
1949 and
1950, and $5,000 from
to

inclusive.

not

exceeding 5%, to
multiple of
lk of 1 %. Principal and semi¬

Denomination

1951

1973

be expressed in a

7:30 p.m. on Dec. 3 for

bonds.

Jan.

Denomination

terest,

sealed

the purchase of $64,000 not to ex¬
ceed 4%
interest municipal im¬

provement

Dated

1,
$1,000.
Due Jan. 1, as follows: $5,000
in 1950 and $8,000 from 1951

Conine,

receive

bonds.

1948.

Calif.

Bond Offering—Bernice

the

—

trict

issue.

All bids re¬
ceived for the purchase of $275,000

jv

$189,000 Willowbrook School Dis¬

rejected. Negotiations are
underway for private sale of the

Loan
of

Phoenix.

from

1949

inn




State

office

Capitol

on

the rate of

terest. All bonds and warrants

the

The County will furnish the legal

July 1,

as follows:
1954; $5,000
1962, and $6,000

from

chaser
will
be
furnished
with
their opinion. These are the bonds

name

the

by
at

$1,000. Due
$4,000

are

to

received

Commission

bonds. Dated Oct. 1, 1947. Denom.

Dated Jdn. 1; 1948. Bidders

incited

be

fered

—were

County (P. O.
Nogales), Ariz.
Bond Offering—Sealed bids will

.

Bonds Not Sold—There

bid, is

Santa Cruz

is required.

Mobile

total amount of the

required.

City. A certified check for

a.m.

receive
on

sealed

bids

until

10

Dec. 8 for the purchase of

$18,000 construction bonds.

;

fiJ,

)

11-17

12-

&

beneficial

prior

Worumbo

11-20

(quar.)

Disinfecting Co.,

11-17

12-31

Extra

75c

(quar.)_

(quar.)
Co.,

12-31

35c

Trust—

of

4V2 %

11-20

$1.50

Snowdrift

preferred

West

1 ?-1P

50c

12-

&

preferred

West

12-16

(quar.)

(quar.)

(quar.)

Motor Co.

Oil

t50c

{$2.50

(interim.)

25c

6%

common

11-24

Co

25c

preferred (quar.)
Washington Water Power Co.—

50c

50c

4%%

Corp.,

4

of Canada, Ltd.—

$1.13

(quar.)

common

12-

(s-a)

50c

preference

Petroleum

75c

non.-cum.

Co.,

12-15

$1

Worthington Pump & Machinery Corp.,

11-21

12-15

62V2c

3%%

$3

$6

(initial)

D:)

11-17

1

(quar.)
Co., Ltd.—
registered (s-a)

Investment

Certificates

12-20

12-15

20c

preferred (quar.)
Warren (Northam)
Corp.—

$1

common

2

1-

37V2C

(quar.)

$4.50

(S.

11-20

1

1-

Co.

W.)

preference

World

11-21

1-

50c

(year-emd)

50c

1

12-

Extra

(quar.)

Class

2

6%

1.

—

class A

12-19*

1-

(F.

4'/2%

(see Disney Walt)

12-

$1.06%

{40c

(F.W.)

12-15

62V2C

(s-a)

'b';V

8

11-15
11-29

quar.

Woolworth

Worts—

&

Governor

Woolworth

12-

12-

12-10

25c

preferred

8

12-10

25c

Co.

12-13

12-15

t30c

preferred

Combing Corp.

Increased

$1

12-15

$1.75

Woods

7-15

12-

12-

11-20

1

preferred (quar.)
Manufacturing Co., Ltd. (quar.)

12-

2

11-20

12-19
12-

convertible

20c

Pictures

6

12-23

5%

12-15

1-

12-24
12-24

12-13

20c

(quar.).
(year-end)
Co., com.

Electric

12-15

t$l

25c

$1.50

(increased)

common

non-cum.

4'J

(quar.)

11-10

11-25

25c

Wisconsin Power & Light, 4%%
Woodall Industries, Inc.

12-16

1

Machine

Hirsch, Inc., 7% pfd. (quar.)
Wisconsin Co., 4%% preferred (quar.)
Wisconsin Electric Power Co., common
3.60%
preferred
(quar.)
6% preferred (quar.)

1

2

(quar.)

$1.75

(quar.)

12-

1-

137 V2C

1-

50c

12-20

C2V2C

quar.

50c

Fvtra

V.

Increased

12-15

(re-umed.)

Common

.

11-20

1

5%

37Vic

Gooderham

12-

(resumed)

Machinery Corp.—
participating preferred (quar.)

S.'Lines.

11-14

1

12-

1

12- 9
12-26

$10

Winter &

1

11-15

Walt Disney Productions

Participating
D;

t

,

1

12-

1

11-15

12-19

i

partic.

12-

$1

Winnipeg

11-15

30c

12-

35c

$1.25

■

12-20

(Hiram)

5%

Co.,

preferred

Wilson-Jones

2

12-19

(quar.)

Leather .Co.,

&

$4.25

12-12

35c

Common

Bros.,

Wilson

12-15

Hoffman

4%%
U

Wilson

131 'Ac

11-14

Mfg.
Inc

Products,

11-14

(quar.)

2

(resumed)

preferred

System, Inc.

1-

22>/2C

Willson

Lace

2

12-

1

*

(year-end)
(irreg.)
(quar.)

Co.

12-

12-

Products

& Gibbs Sewing

1-15

1

1-15
11-24

12-

t$1.12Va

(quar.)__

25c

Motor

11-18

12-15

pfd.

Extra

12-10

12-

4Va%

12-10

50c

Paper Co.

1

12-10

{20c 1-31-48

common—.......
Instrument

Chlorine

Whitaker

1-30

{9c

Ltd.,

Weyerhaeuser Timber Co.

12-20

$1

$114.25

11-10

Wilkes-Barre

40c

Walker

11-10

Paper,

11-28

25c

6

1
1

12-

Co., com. (quar.)
preferred (quar.)

11-

11-10

12-

11-20

Extra

4%

12-1

*12-

1

25C

11-10

95c

12- 9

$1.75

1

25c

$1.60

quar.)

11-14

12-

87VaC

Wilcox

Walgreen

1

$1.75

preferred

Extra

11-20

(quar.)

12-18

12-15

25c

(quar.)

75c

Ltd.

12-19

Gypsum Co., common (quar.i

7%

Co.,

2

Guarantee Co

S.

Cotton

1-

Special
U.

12- 1

$2

1-2-48

$1.50

(quar.)

Westvaco

Extra

class A

preferred

S.

12- 5
11-29
12-22

Corp

$1.50

(quar.i

(quar.)

Classr: B

1- 2
12- 9
1-2-48

65c

1

A

40c

25c

all

(clears

preferred
$4

>'

Weston

6-15
12-

12-22

10%

conv.

preferred

;

11-20

3-15

12-12

Finishing Co.—

45c

1

Corp.
(s-a)
Amulet; Mines, Ltd. (quar.)

Waite

common

S.

7%

-

(George), Ltd.

12-

Wabash-Harrison

25c

S.

U.

.

v.;

Electrical

Year-end

Inc.—

;

preferred

Weston

1

(s-a)

2-

preferred B

preferred

12-

,,

Manufacturing

$1.25

Manufacturers,

Paperboard,

Westminster

White

(year-end)
(year-end)

12- 5

Extra

3.80%

12-30
12-.-P
11-20

80c

(quar.)

53c

iquar.)

non-cam.

B

58V3C

•"

6%

Class

Vogt

(quar.)

Ltd.

11- 3

12-

2- 1

12-12

$1.25

(year-end)
Corp.. common

12- 1

$1

2-15

2-15

$2

Brake

Electric

1-1-48

35c

1

75c

$1.25

•:'b

Stationery

11-21

1-1-48

$7

(quar.)

(quar.)

Air

12- 1

$1.371/2

(increased

&

preferred

62Vic

6%
preferred (quar.i
Visking Corp., class A (quar.)

9

5%

Westinghouse
Westinghouse
3 V2 %

(quar.)

50c

(quar.)
(quar.)

Molasses,

preferred

Western Tablet

11-15

75c
66%c

Dare, Ltd., 5% pfd. (quar.)
Virginia Electric & Power, $5 pfd. (quar.)__
Virginian Railway, common (quar.i
6% preferred (quar.)
o%

1

22% c
12V2C

Virginia

12-10

60c

(monthlv ;

&

preferred

United

•

2

50c

United

i

1-

65c

Illuminating Co. (year-end)
Light & Railways—

7%
prior preferred (monthly)
6.36%
prior preferred (monthly)

•

9

Ltd.—

preferred

11-P8

25c

Manufacturing, Ltd.
Vick Chemical Co. (quar.)
Virginia Coal & Iron Co

11-28

12-15

75c

Coal

12-10

51c
75c

(quar.)

11-15

Pacific RR.,
common
preferred A quar.)
Western Railway of Alabama

5%

75c

Viceroy

Corporation

11-17

12-

71v';|

■P

11-26

12- 1
12-12

Company

Co., Inc.

11-24

1

$1.06%

Vanadium-Alloys Steel
Vapor Car Heating Co.—
7% preferred (quar.)

1

12-15

12-

12-

(quar.)

preferred

11-10

11-14

Extra

*' f

convertible

$4

11-24

12-16

12-15

(s-a)

50c

preferred

United Gas Improvement

United

•

12-15

12-15

75c

Western

12-

$1.20

(quar.)

1

25c

11-14

(^ear-end)

prior preferred
Valspar Corp., common

11-24

1-

{50c

11-26

—

$5.50

8

{50c

11-15

12- 5

Power

Common

11-24

12-

Western

25c

-----—

8

Western

12-15

'

(s-a)

25c

Corp

United

•United

Co.

12-15

12-

$1.12Va

1

iquar.i

12-15

(resumed)

$3

(quar.i.

12-15

25c

——

12-11

1- 2

40c

& Light (increased quar.)
Knitting Co., common (quar.)
prior preferred (quar.)
Val.ey Mould & Iron Corp.—

11-17

Carp.

Inc.

preferred

2

2

(quar.)

300%

dividend)—

5%

1

1

$1.25

"

.

1-

$1.12 y2

1

/United Corporation,

1

11-28

11-

10c

Water Service Co.

(quar.)
Products, Ltd. (s-a)
2

$1.75

B

75c

Extra

6%

Utah

1

12-

12-

20c

(quar.)

2

12-10

50c

(quar.)_

Fastener

1

$8.75

(year-end)

50c

United

7

12-

12-

12-11

25c

Auto Supply Co.
(quar.)___
Condensing Co
Western Maryland Railway—
7%
1st
preferred
(accum.)

Canada Mines, Ltd. (interim)
Michigan Power & Ligni—
preferred A (quar.;

Year-end

11-19

25c

Extra

.

12-10

$5.50

(quar.)

(year-end)
Biscuit Co. i (quar.)

•United

11-

12-15

ti older$

Payable ot Reo.

50c

(quar.)

preferred

Extra

Co.—

preferred

ureterred

Virginia

Westeel

12-15

25c

Co,

(irreg.)

51

25c

$4.50

12-10

When

share

Coke

&

Pulp & Paper

Extra

433Ac

Utica

933/4c

Common

,

convertible

90c

12-12

(quar.)

Rope Corp.
Lines, 4M>%

$1.25

(increased)

Winding

12-15

-L

Wire

11-18
11-7

West

30c

(stock

Products

12-23

25c

Car

12- 1
12-10

Co

Tobacco

Corp
Pictures, 4'/»%

$1.75

(quar.)

56>/4C

pfd.

Match

2

17V2C

11-21

Coal

50c

Stockyards Corp*

Universal

Co. of California—
A

Co.

Insurance

37 V2C

(quar.)

12- 8

Virginia

Extra

75c

Leaf

50c

Rubber

1.1-21

.

Universal

12-23

1- 5

$2

preferred
(quar.)
(N. Y.)
(quar.)

Universal

7

West Virginia

12-15

-

common

Universal

$1.12 V2

United Air
preferred (quar.)__
United Aircraft Corp., 5% conv. pfd, (quar.)

,

Trust

11-15

$1

(quar.)_
(increased quar.)

common

non-cum.

S.

11-15

1212-

$2

4%%

Universal

Union Paci ic RRI "(year-end)
Co. (quar.)

•

11-28

75c

preferred

.'Union Tank
Union

U.

This

$1* Union Sugar

•

Special
Tobacco,

S.

7%

Corp.—

I,. Extra

•

U.

25c

Asbestos &

^-Union Oil
X

11 20

40c

Film

v.
Extra
r^-Union Bag & Paper Corp.

i;

1

$1

$4.50 prior preferred (quar.)
Underwood Corp.
(year-end)
Union

S. Steel Corp.,

Spring & Bumper,

United

tqvar.)

convertible

S.

1
1

50c

(quar.)-

Universal

arrears.

Century-Fox

Common

■

U.

Per

Name of Company

1-1-48

(quar.)-..

s.

common;

1st preferred

Holder«

Payable of Reo,

West

J

S. Rubber Co.,

(2255)

62Vktc

Lithograph, com.
(quar.)

;- ■

,,

CHRONICLE

When

Share

—--

preferred

8%

.

,
New common, (initial quar.)
'Tudor City Ninth
Unit, Inc.—
;;;; 4
6% preferred faccum.)
^Tung-Sol Lamp Works, 80c preference.
?

(>'

U.

1

X

►.

Extra

5%

1

25c

(s-a)

,

12-

$1.75

$1.75

Association

Companp

U.

»,Transue & Williams Steel Forging
Corp.—

v,

Per

Name of

V. S. Printing &

Tooke

FINANCIAL

&

Holder*

Payable of Reo.

(Los Angeles)—

Quarterly
,-v.. _y

When

,

Share

,

Insurance & Trust Co.

COMMERCIAL

'■

These

..

52

(2256)
the

are

THE

bonds

election held

authorized

on

the

at

Bosworth, Dick & Dawson, of
Denver.
Only unconditional bids

r

,

Bond Election—The issuance of
be

submitted
to

to

be

the

voters

held

on

at

Feb.

considered.

for 5%

A..certified

of the amount

bid,
payable to the City Treasurer, is
required.

$7,570,000 construction bonds will
election

be

check

Martinez), Calif.

>

the

an

CONNECTICUT

10.

Fairfield, Conn.
Riverside

County,

Banning Ele¬

Bond

mentary School District (P. O.

received by the Board of Se¬
lectmen until 3 p.m.
(EST) on

Riverside), Calif.
Sale—The $60,000 build¬
ing bonds offered Nov. 24—v. 166,
p. 2149—were awarded to the Se¬
curity First National Bank of Los

Dec. 2 for the purchase of $725,000
not to exceed 2%

as 3s, at a price of 100.basis of about 2.95%. Dated
Jan. 1, 1947 and due on Jan. 1
from 1951 to 1970 inclusive.
John
a

Nuveen

:

of

& Co., next

highest bidder, offered 100.05 for $15,000 2% s
and $45,000 3^s.
Riverside

1/10

Sale—The $25;000

build¬

ing bonds offered on Nov. 17—
v. 166, n. 2038—were purchased by
John Nuveen & Co. of Chicago, at
a price
of 100.044, a net interest
cost of 3.11%, as follows:

Dated

A

County Treasurer's
next highest bidder

office.

Association, San Francisco,
for
$14,000 as 31/2S, and $11,000 as

'

<

.

bonds

—v.

by

on

Nov.

with

check

for,

bonds offered

of

2149—were

p.

Bank
&

of

purchased

America

by

National

V4

1965.

,

■

.

Dated

for

New

tl.

M.

1947.
1967

.1,

1957,

ment

or

date

numerical

.

~

on

any

on

Dec.

interest

pay¬

thereafter, jin inverse
order.

furnished

The

purchaser

with the printed



«o38as^'-r

to

FLORIDA

1, 1947. Denomination $1,000. Due
Sept. 1, as follows: $5,000 in

and

in

on

1958,

1963; $24,000 iri 1964; $25,000
and 1966, and $26,000 in
Bidders
are
required
to

at the American
Co., Chi¬
cago. Approved as to legality by
Chapman & Cutler, of Chicago.

will

of

National

the rate of interest the bonds

name

bear expressed in

one-hundredth

or

of

10

Dec.

on

a.m.

Silvis, 111.

1%.

election

the

Voted—At

Bonds

more

2.99%, the bonds maturing in held on Nov. 18 the voters ap¬
the years 1958 to
1967, inclusive, proved the issuance of $235,000
•water works bonds.
shall be subject to
redemption on
June 1, 1957, or on
any interest
INDIANA
payment date thereafter, prior to
maturity, at par plus accrued In¬ Center Township School Township
terest.

If the bonds bear interest

at 2.99% or

(P. 0» Centerville), Ind.

less, all of said bonds

The bonds
have been validated by the Circuit

for

15

$1,000.

Due

Oct. 1, as follows: $25,000 from
1951
to
1953;
$30,000
in
1954;

$35,000 in
$45,000 in
$55,000 in

1955; $40,000 in
1957; $50,000 in
1959; $60,000 in
$65,000 in 1961; $70,000 in
$75;000 in 1963, and $100,000

Board

of

Public

In¬

&

is required.

Co.,

docking facilities

revenue

at

of

price

a

County (P. O.
Indianapolis), Ind.

Bond Offering—Ralph F.

offered

on Nov. 24—v. 166,
p. 2039
purchased by Allen & Co.,
of New York, at par. Dated
Sept.
1, 1947. Interest payable M-S.

County

Auditor,

will

sealed bids until 10
for

a.m.

{

Moore,
receive
Dec. 9

on

the

purchase of $506,148 not
to exceed 2% interest voting ma¬
chine

GEORGIA

bonds.

Dated

Dec.

1, 1947.

Denomination $1,000 one for $148.
Interest J-J. Due $25,148 July 1,

Savannah, Ga.
—

l3/4s,

for

high¬

Marion

bonds

—were

Certificates Sale

The next

Frank E. Hailstone

was

100.541.

West Palm Beach, Fla.
Sale—The $350,000 3V4%

1956;
1958;
1960;

1962;

the

est bidder

pay¬

Bond

the

on

to

1948 to 1960 incl.

$8,000

school

building bonds offered on Nov. 19
—v. 166, p. 2039—were purchased
by the Centerville State Bank of
Centerville, as 1V2S, at a price of
par.
Dated Nov. 1, 1947. Interest
payable J-J. Due serially from

Court of the
County, and the ap¬
proving opinion of Caldwell, Mar¬
shall, Trimble & Mitchell of New
York City will be furnished to the

struction

Sale—The $12,000

Bond

shall be non-callable.

able

purchase of $1,500,000 not to ex¬
ceed 2%% bridge revenue coupon
or registered bonds.
Dated Oct. 1,
Denomination

& Trust

Bank

multiple

a

*/4

If the bonds bear interest at

A certified check for

Bond Offering — Langley Bell,
Clerk, Board of County Commis¬
sioners, will receive sealed bids

until

payable

(M-S)

1965

1S67.

$10,000 from 1959 to
Principal and interest

and
incl.

1967

purchasers without charge.

County (P. O.
Pensacola), Fla.

are

all

a

in the following years:

to name

redeemed

multiple

3%% if redeemed in 1962

and must be

of

the

bonds.

3%

if

redeemed

Britain

National

Bank.

in

1964

or
or

2J/>% if redeemed in 1966
if

from

redeemed in

1968

or
or

1V2% if redeemed in 1970
name

or

1963;
1965;
1967;
1969;

A syndicate

1949; $25,000 Jan. and July 1, from
$25,000 Jan. and $26,-

composed of Johnson, Lane, Space

1950 to 1955;

&

ficates

received

$533,000

to

11:30

a.m.

on

not be considered; No bids for less

than par and
date of

accrued

interest to

delivery will be accepted.

V4 of 1%,

or

must

specify in

his bid the amount and maturities

may name

more

No bid

than three inter¬

maturity must bear interest at the

.

rate.

same

bid

No

accrued

less

for

interest

than

or

and

par

less

for

as

IOWA

.

than

all

First

accepted.

and

interest

(A-O)

the

Central

and

Co., New
The purchaser will be

Dated

Aug.

payable

F-A.

National Bank of Boston,
against payment in Boston funds,
about Dec. 17, 1947.

Conn.
Offering—John A.

Bond

Han¬

City Clerk, will receive sealed

sen,

bids until 8 p.m. on Dec. 9 for the

purchase

of

$660,000

coupon

or

registered bonds as follows:
$300,000 not to exceed 4% inter¬
est

sewer

extension

largement bonds.
on

Jan.

1, from
inclusive.

and

1949

to

1968

100,000 not to exceed 4% interest
public parking bonds.
Due

-

$10,000

on

Jan.

1, from

1949

to 1958 inclusive.

100,000 not to exceed 4% interest
recreation bonds.
on

Due $10,000
1, from 1949 to 1958

Jan.

inclusive.

85,000 not to exceed 5% interest
-

•

furnished

opinion

be

& Trust

with

of

will

the

Caldwell,

approving
Marshall,

Trimble & Mitchell of New York

Bond

Fernandina, Fla.
Offering — Edmund

W.

Meisenhelder

III,
City Auditor
and Clerk, will receive sealed bids
until 8 p.m. on Dec. 10 for the

purchase

of

orovement

of

$75,000
1947

3V2%

bonds.

im-

Dated

Sept. 1, 1947. Denomination $1,000.
Due $1,000 in 1949; $3,000 from
1950 to 1952; $10,000 from 1953 to

1957, and $15,000 in 1958.

Prin¬
cipal and interest payable at the
Florida National Bank, of Fer-

-*

school

addition

bonds;

'inclusive. J

bonds;

Due

on

Jan. 1, as

lows: $4,000 from 1949 to
~
-

and

fol¬
1963,

$3,000 from 1964 to 1968
to/} u

inclusive.-

Dated Jan.

1, 1948. Denomina¬
$1,000. Bidders to name the
rate of interest in multiples of
Vs or 1/10 of 1%, and must be
tion

1,

1947.

as

:

/

the sable for 'all of the bonds of

the

coupon

purchase
bo^ds.

a.m.

of

on

Dec.

$400,000

23

for

school

Dec.1. i Q4.7.

inclusive.
thorized

These

the

at

Oct. 30,

!

are

':'

1'

the bonds

election

i.',!-

>».

.

au¬

held

on
.s

KANSAS
Plains School District,
Bond Sale Details—In

Kan.
connec¬

tion with the sale of the $1.25,000

improvement
Milburn Co.,
ported

166,

2s,

Elizabethtown, III.

in

bonds
of

our

were

sold

IV2S,

as

1950 to

from

Small-

to

Wichita,

Nov.

2039—we

p.

bonds
500

from

10

learn
as

as

re¬

issue—v.
that

the

follows: $37,-

maturing
$12,500
1952, and $87,500 as

1953

to

1959,

both

in¬

clusive.

Bonds

Publicly Offered—Ben¬
Lewis & Co., of Chicago,

jamin
are
offering $35,000 3y2% sewer
bonds.
Dated May 1, 1947.
De¬
nomination $1,000. Due on May 1,
as
follows: $1,000 from
1949 to
1953; $2,000 from 1954 to 1965, and
$3,000 in 1966 and 1967. Principal
and interest (M-N) payable at the

KENTUCKY
Mt.

bids until 7:30 p.m. On Dec. 2 for
purchase of $145,000 sewage

disposal plant bonds. Dated Jan.
1, 1948. Due serially from 1948 to
1967 inclusive.

Bidders

Co. of Chicago are

from ,1959 to 19,62, inch

Principal

■

No. 188 (Pi 0.'\Broioktyn),■, flLvi

Bonds/Publicly Offered—Ben¬

Callable at 102.50.

to

name the, ratfe 'of
interest that the borid£ are'to bear.

These

are

are

the bonds author

the: -general election

Franklin

min Lewis &

Offering—E. O. Crooks,
Clerk, will receive sealed

the

Co., Chicago. Aproved as to legal¬
ity by Chapman & Cutler, of Chi¬
cago.
' ■
)'

County School District
No. 87 (P. O. Zeigler), IU.
Bonds Publicly Offereifc—Benja¬

!

Sterling, Ky.

Bond

City

American National Bank & Trust

and interest (J-J) • payable at the
County Special Tax School American
National Bank & Trust
District No. 7 (P. O. Dade City),
Co., Chicago. Approved as to le¬
Florida
""
4 ' '
gality by Chapman & Cutler/qf
Bond Offering—Walter C. Craig,
Chicago. * V
J.
;
County Superintendent of Public
St. Clair County School District
Instruction, will receive sealed
11

Bank, of Dakota City. Due seri¬
ally on Dec. 1, from 1949 to 1958

ILLINOIS

Pasco

bids until

$10,000 water
improvement bonds offered

166, p. 2150—were
purchased by the Livermore State

to

*

of the bid is required.

The

—

Nov. 24—v.

on

Interest

Approved

City, Iowa

Sale

Bond
works

$133,000 in 1972.

investment $2Q,OjOO
nished with the approving bpiri- offering for
iohv Of Giles J. Patterson of Jack¬ 3%%: building bonds, . Dated? July
1, 1947.
Due, $5,000 on July 1,
sonville. A certified check for .2%

each issue.

No bid for less" than

1948; $75,000 in

legality by Reed, Hoyt & Wash¬
burn, of New York City.

City. A certified check for $30,000 payable to the County is re¬
quired.

nandia, or elsewhere, as may be
Due on Jan.
1, as follows: mutually agreed upon with the
$5,000 from 1949 to 1953, arid purchaser and the City Commis¬
$4,000 from 1954 to 1968, both sion. The purchaser will be fur¬

fFitch

75,0fW) not to exceed 5% interest
Winnipauk
school- addition

.

offered

Principal
payable at

City.

en¬

Due $15,000

bonds

Hanover Bank
York

Nor walk,

the

Dakota

1949; $77,000 in 1950; $79,000
in 1951; $81,000 in
1952; $83,000 in 1953; $85,000 in 1954,
and $1,947,000 as 3s, maturing
$87,000 in 1955; $89,000 in
1956; $91,000 in 1957; $93,000
1958; $96,000 in 1959; $98,000
in
1960;
$101,000
in
1961;
4103,000 in 1962; $106,000 in
.1963; $108,000 in 1964; $111,000/in 1965; $114,000 in 1966;
$117,000 in 1967; $120,000 in
1968; $123,000 in 1969; $127,000 in 1970; $130,000 in 1971,

The bonds will be delivered at the

of

sioners, is required.

2 V2S, maturing on Aug.

1, $73,000 in

est rates and all bonds of any one

prior
date of sale, will

bidder

on

The issue will be divided

follows:

the rate of inter¬

multiples of Vg

each

and

unsuccessfully offered

Nov. 12.
as

1971,

telegram

Krull,

1951

1951; $19,000 from
1954; $20,000 from 1955 to
1958; $21,000 in 1959 and 1960;
$22,000 in 1961; $23,000 in 1982
1952 to

jamin Lewis/& Co./-.of /Chicago,
par and accrued interest will be ; Denomination $1,000. Due on June are Offering for investment $95,000
bonds and the opinion of
Pershing, accepted ' Principal and interest |l, as follows: $17,000 in 1949; $18,- ;3%% building bonds.! Dated Sept.
will be

•

:■

on Dec. 1 from
inclusive. Optional

000 in 1950 and

Escambia

by

.

aerially

highest
Co., for

&

tion

,

bonds.
Dated
Dec.
1,
Denomination- $1,000. ; Due

next

Estabrook

purchaser.
Telephone bids without confirma¬

Trust

funding

The

M-N.

was

2s, at 100.189.

of the bonds of each rate.

will' receive sealed
bids, until *7:30 p.rftV on" Dec! 2 for
the.purchasfe 6f $300,000'water're¬

-

bidder

Interest

the

(J-D) payable

-

payable

1967

to

1,

furnished

1964, and $1,000 in
Dec. 24, 19471 Prin-

Clerk,

1948

from

Nov.

on
incl.

be

to

B^hd' 'Offering

City

,

serially

1947. Due

1,

will

v..

'

$190,000 school
166,
p. 2149—were purchased by Day,
Stoddard
&
Williams,
of New
Haven, as 1.90s, at a price of 100.422, a basis of 1.852%. Dated Nov.
Nov. 24—v.

on

est in

Sterling, Colo.
*

Bond Sale—The

bonds offered

Monday, December 1, 1947

than

Approved as to legality by Storey,
Thorndike, Palmer & Dodge of
Boston, whose approving opinion

-COLORADO

?

and

Co.,

.

Oxford, Conn.

Bidders to

the

at the County Treasurer's office.
The .next,' highest! bidder
was
Jones, Cosgrove & Co., for 3%s, at
a pnce
,of"100.20.
;:^^ ,
1 ,

Judd,

Trust

Norwalk, at the option of
the holder.
The purchaser will
be furnished with the approving
opinion of Wood, King & Dawson
of New York
City.
A certified
check for 1% of the par value of
the bonds bid for, payable to the
City Treasurer, is required.

the

$16,000 as 3V2S, maturing
$1,000 on Dec. 24 from 1948 to
1955; $2,000 from 1956 to 1959, and
$11,000 as SV^s, maturing $2,000

cipaL and interest

H.

-Norwalk

South

2%

lows:

;

South

Principal and interest payable at
the First Bank of Boston, or at

Savings Association, of San
Francisco, at a price of 100.107, a
r.et interest cost of 3.344% as fol¬

1960

Finance

1/10 of 1%

or

same

.

from

W.

of

$1,000. Bidders

the

school
Nov. .24—v. 166,

on

—

Board

(J-J) payable at the Bank of Man¬
Co., New York City, or at

1947.

Conn.

rate of interest in

cne

San Diego), Calif.
Sale—The $27,000

Bond

the

to

the New Britain National

of

tion

Trust
Staats

San Diego County, Lakeside Union
School District (P. O.

CHRONICLE

Co., of Savannah, Robinson- 000 July 1, in 1956, and $26,000
1964 to 1.972 incl. The bonds ma¬ Humphrey Co.* of Atlanta, Blyth Jan. and
July 1, from 1957 to 1959
& Co., of New York, John Nuveen
incl.
Rate of interest to be in a
turing in 1964 to 1972 will be
& Co., of Chicago, Equitable Secu¬
bonds. Due on July 1, as fol¬ redeemable prior to their stated
multiple of J/4 of 1%. No bid for
rities Corp., Clement A. Evans & less
lows:
than par and accrued interest
$56,000 from 1949 to dates of maturity, after 30 days
Co., Brooke, Tindall & Co., both to date of delivery - will be re-i
1952; $55,000 from 1953 to published notice, in whole or in
of Atlanta,
Varnedoe, Chisholm & ceived. /The purchaser will be fur-*
part but in inverse numerical or¬
1956} and $56,000 in 1957.
175,000 school series 29 bonds.' der if less than all, at the option Co., of Savannah, and J. H. Hils- nished with the approving upinion
of the County, on Oct. 1, 1962, or man & Co., of Atlanta, have con¬ of Ross, McCord, Ice &
Due on July
1, as follows:
Miller, of
tracted to purchase, at a price of
Indianapolis. A certified check for
$10,000 from 1949 to 1965, and on any Oct. 1st thereafter/at the
the
$2,500,000
water
and 3% of the par value of the bonds,
price of par and accrued interest, par,
$5,000 in 1966.
Dated July 1, 1947. Denomina¬ plus
the following premiums if sewer revenue anticipation certi¬ payable to the Board of Commis¬

24

Co., Chicago,
Co., Blair & Co., Inc., Dean Witter
& Co., and Braun,
Bosworth &
Co., Inc., jointly, for $500,000 as
2s, and .$1,438,000 as 2V4s, at a
price of par.

the

of

2%

payable

Offering

.

Northern
William R.

for

a.m.
(EST) on
purchase of $675,000 coupon bonds, as follows:
$500,000 veterans temporary hous¬
ing,
series
1
second
issue

ings Association} San Francisco,
Blyttyy&" Co., American Trust Co.,

jFranpisqOff

Gray,

Dec. 2 for the

First

San

be

bonds.

favorable

the

Bank, until 11:30

166, p. 2149—were purchased
a syndicate composed of the

Boston
Corp.,
Harriman
Ripley & Co., Inc., Weeden & Co.,
©f San Francisco, R. W. Presspri.cn
& Co., of New York, and Heller,
Bruce & Co., of San Francisco, at
a price of par, a net interest cost
©f 2.19533%, as follows: $500,000
as
2s, maturing $25,000 in 1963;
$225,000 in 1964; $250,000 in 1965,
and $1,438,000 as 21As, maturing
$250,000 from 1966 to 1969; $150,€00 in 1970 and 1971, and $138,000
in ,1972. Interest payable J-D. The
next highest bidder was Bank of
America National Trust & Sav¬

must

the

Taxation, will receive sealed bids
care

—

offered

of

Ropes,

bid

President

County, Sacramento
City Unified School District
(P. O. Sacramento), Calif.
Bond
Sale
The $1,938,000
bonds

and

all

New Britain,

Sacramento

school

1%,

multiples of

Treasurer, is required.

Bond

The
was Bank of
America National Trust & Savings

31/js.

of

certified

Town

Dec.

1, 1947.
Principal
(J-D) payable at the

in

Best,
Coolidge & Rugg of Boston, and
of Pierce J. Gerety of Bridgeport.

$1,000 in 1960.

and interest

furnished

opinion

as

and

of
for

same

be

2%s, maturing $2,000
from 1948 to 1952 incl., and
$15,000
as
3 V4S,
maturing
$2,000 from 1953 to 1959 incl.,

$10,000

*/4

or

be

Principal and interest (J-D) pay¬
able at the Bridgeport-City Trust
Co., Bridgeport. The bonds will
be ready for delivery on or about
Dec. 11, 1947. The purchaser will

Sch. Dist. (P. O. Riverside),

Bond

interest to

the

Thermal Union
Calif.

County,

interest elemen¬

tary school coupon bonds. Dated
Dec. 1, 1947. Denomination $1,000.
Due on Dec. 1, as follows: $73,000
from
1948 to
1952, and $72,000
from 1953 to 1957 inclusive, Rate

Angeles,
548,

Offering—Sealed bids will

be

Bond

FINANCIAL

&

hattan

will

Oct. 28.

Richmond School District (P. O.
.

COMMERCIAL

Jfc

-. v

l

-

■•v/'si
1

i£M;ai/

'bit Nov.1^4!r -

Nicholas County
('
?':'Carlisle)M{Ky,,:, '*i<?;; hi
'
■

■

Bond

Offering—Jy F;
County Court Clerk;' wiH> receive
sealed bids until 1 :J0
on fred*
3 for the purchase of $94,QOlOi not
to
exceed 2 ^ % interest: i §cjiool
building bonds. Dated; iDpc* ;15.
1947, Due, on Dec* lSnas follows!
$7,000 in 1948, $8,000 from. 4949401953; $9,000 from 1954 to 1956,
and $10,000 in 1957 and 1958; op¬
tional on any interest payment
date at 102 on or prior fo June JS#
1952;r 101 'thereafter, and*- on r or
prior to june 1,5, 1957, and 100"
thereafter, in inverse order oL
tjieir numbering. - Principal and}
.,

.

r"

\

Volume
Hi

166

i

in

r

i

i

Number 4651
im

i

i

Mir, m

r

■

""

m

THE

interest (J-D) payable at the First

v

COMMERCIAL

Yost,

of

Baltimore, -A certified
National Bank of Carlisle. Bidders check for $50,000payable to the
; to name the rate of interest in a
County Treasurer, is required.; y
multiple of V* of 1%. In no event
will

-

plus

i

than

be

furnished

proving

of

opinion

with

the

FINANCIAL-CHRONICLE

ap¬

offered

15,

(2257)

1947.

Due

on

be in

Approved as to legality by
Storey,
Thorndike, > Palmer » &
Dodge of Boston, whose opinion
will

Nov. 25—v. 166, p.

on

No

ton."

Boston, Mass. r
Bond Sale—The $1,000,000 con¬
struction of public ways bonds

Chapman &
Cutler, of Chicago. A certiiied
check for $1,500 is required.

multiples of .% of 1%.

bid for less than par and accrued
interest will be considered. Prin¬
cipal and interest payable at the
National Shawmut Bank of Bos¬

y

of

in

est

MASSACHUSETTS

par

be favorThe purchaser

considered.

will

102

interest

aecrued

ably

/

bid less

a

&

m

be

furnished

Denomination
$1,000.
April 15, as follows: $32,1948; $33,000 in 1949; $34,000 in 1950;
$35,000 in 1951, and
$36,000 in 1952. Rate of interest to

the

National

losis

issue

of $10,000

School

| District No. 29 bonds,

as 3%s, at
Principal and interest pay¬

par.

able

J-D.

The

bonds

were

—were

sold

as

notes

Bank

of

Gloucester National Bank,
0.621%.

at

r

School

Sale—The

house notes offered

3s, at

166,
the

p.

Nov. 24—v.

on

2151—were

purchased

by

Lee Higginson

Districts

11

School

22A bonds.

Sale—The

manent

offered

on

Nov.

25

1947
were

Due

First

The
of

next

Michigan

Ann

T.

water loan notes.

1947.
on

Dated Dec.

Denomination

Dec.

15,

as

$1,000.

follows: $6,009

annual

The

interest

National
will

notes

payable
Bank
be

their

Corp.,

of

by

the

at

Boston.

certified

genuineness

rector

of

as

the

to

Di¬

Accounts, Massachusetts

Department

of

Corporations

and

County (P. O. Chestertown), Md.
Qffering—John A.

Notes Sold—It is stated that the

following notes aggregating $88,were sold recently as
IV2S,
at a price of 100.30, a basis of

Legg,
Clerk,. Board,of County Commis¬

000,

sioners, yriU receive sealed bids
uptil .il amu.,(EST) on Dec. 10 for
the3purchase, of $1,000,000 not to
exceed,^ Jp(erest school of 1947
coupjon j?pnds. Dated Nov. 1, 1947.

about

Denomination $1,000.

25J)00 school land notes; Due
:
'

chaser.

A certified check for 2%
of the total par value of the notes

payable to the City Treasurer, is
required.

Bid

The

bid re¬
for the $6,329,000 Detroit

ceived

—

only

Rate

will
30

be

subject to redemption
days' published notice in

revenue

the* rat&br rates, of interest which
the feondb are to bear expressed in

multiftlehof^ or1/10

of 1%;
mbre than

Bidders' may specify
one1 <rate bit interest which the
bonds are to bear, but not more
interest rate of any ma¬

turity date. The purchaser will be
furnished upon request, with the.
approving opinion of Br Scott
Beck,
County A11orney, of'
Chestertown, Hinkley W Single^/
and
Niles, Barton,' - Mb'rrow &{




bonds

offered

on

Associates, offer¬

for 3s.

par,

Bond

Offering

Dric. 1; $2,000 in 1948 to 1952,
and $1,000 in 1953 to 1967, all

3

inclusive.'"

on Dec: 1; $2,000 in
1949, and $1,000 in
1950 to 1967, all inclusive. •

1948

-

|

•:

and

f Interest payable J-D."
.yu'n

,K

Quincy, Mass.
Bond Offering—John R.
nessy,

sealed
en

ShaughCity Treasurer, will receive
bids

Dec.

1

until

for

11

the

a.m.
(EST)
purchase of

$400,000 veterans' housing
bonds.

Dated

nomination

Dec.

1,

coupon

1947.

De¬

$1,000. Due $20,000

Dec.;;!, from 1948.to
Bidder's to"

improvement
Jan. 1, 1948.
Due on Jan.

carries

as

part

a

of

its

George A.

—

interest.

will

furnished

be

The

bonds. Dated
Denomination $1,000.

1950

1,

to

to 1978 incl.

Rate of interest to be

in multiples of V4 of 1%. Principal
and interest (J-J)
payable at the

City Clerk's office.

No

proposals

for

less

the

bonds

for

less than

than

all
par

of

or

will be consid¬

the

at

such other place

Bond

Township

not to exceed 3%%
sewer

extension, series 6
coupon bonds.
Dated Nov. 1,1947.
Denomination $1,000. Due on Nov.
1, as follows: $5,000 from 1952 to
1955; $10,000 from 1956 to 1965;
$5,000 from 1966 to 1968, and $40,in
1977.
Principal and in¬

000

(M-N)
Trust

payable

Co.,
in

ical

certified

check

for

5%

of

the

total par value of the bonds, pay¬
to the City Treasurer, is re¬

able

1967

on

incl..

name the rate'of inter¬

Township Sch. Dist.
Kalamazoo),

No. 2 (P. O.

Mich.
bonds

Jackson

&

The
on

$20,000 school
Nov.

elusive.

14

were

Paine,
Curtis,: of

by

Webber,
Chicago.
Due $4,000

Nov.

16, 1947.
1, from 1948 to 1952 in-,

May

(M-N)

—

offered

purchased

on

order

Principal and interest
payable at the American

National

Bank, Kalamazoo.
The
opinion of Miller, Canfield, Pad¬
dock & Btone, of Detroit, will be
furnished the purchaser.

1,

Township Sch. Dist. No. 1
(P. O. Muskegon), Mich.
; Bond Offering-—A. M. Sampson,
District
Secretary, will receive
sealed bids until 7 p.m. (EST) on
Dec. 15 for ,the purchase of
$170,000 not. to
exceed 2V2 % interest
school

coupon

bonds.

Dated

Oct.

1977,

inverse
on

Bonds
are

re¬

numer¬

interest

any

on or after Nov. 1,
1968, at par and accrued interest
plus a premium of 3% if redeemed

before

on or

May 1, 1973, and at

of

2%

if

in the Siate which
of

carries, as part
regular service, notices of
municipal bonds, and in
of registered bonds, 30 days'

its

sale
case

of

notice
the

that

shall be

given by mail to
registered v holder: Provided,
no

bonds

be redeemed

able

Water

Refunding
1946,

of this

issue

shall

until after all call¬
and

bonds,

Sewer

dated

Revenue

both of St.
interest cost
Jan.
1, 1948.

011 Jan. 1, from 1949
inclusive.

Cotton wood, Minn.

Offering—L. T. Reishus,
Village Clerk, will receive sealed
bids until 8 p.m.

purchase

of

building

on

Dec. 9 for the

coupon

$40,000

memorial

bonds. Dated Jan.
1, 1948. Denomination $1,000. Due
$4,000 on Jan. 1, from 1949 to 1953
incl.
Bidders to name the rate of
interest in 1 multiples of V4 or 1/19
of
1%.
These
are
the
bondsJ

authorized at the election
12.

Aug.

on

All bids must be uncondition¬

al.

Principal and interest payable
at the Empire State
Bank, Cot¬
tonwood. The approving
opinion
of Dorsey,
Colman, Barker, Scott
& Berber of
Minneapolis will be
furnished

the
purchaser.
The
bonds will be delivered on or be¬
fore 30 days from the date of sale
at the Village Treasurer's
office

24

(P. O. Robbinsdale),

Minn.
Bond Offering—rEdwin J.

Cooper,

Superintendent

of Schools,
will
receive sealed bids until noon on
Dec. 4 for the purchase of
$350,009
building bonds.
These
are
the
bonds authorized at the election

held

Nov. 13.

on

Redwood

County Independent

School District No. 1
(P. O.
Redwood Falls), Minn.
Bond

Offering—B.

H.

Clark,

District

Secretary, will receive
sealed bids until 8 p.m. on
Dec. 8
for trie purchase of
$9,000 refund¬

ing bonds. Dated Dec. 15, 1947.
Denomination $1,000. Due on Jan.
1, 1949.
Bidders shall name the
rate of interest in
multiples of V4
of 1%. Principal and
interest will
be payable at
any suitable bank

establishment located at Red¬
by

or

the

at St;

Paul, desig¬

purchaser.

No

for less than
par and accrued
terest to date of

bid
in¬

delivery will be
certified check for
$300 payable to R. J.
Gairns, Dis¬
trict Treasurer, is
required.
considered.

A

St.

bonds,
have

redemption.
registerable

The
to

dated
been

May

called

bonds

will

1,
for
be

Denomination $1,000. Due on Dec.
75, from 1950 to 1959 incl. The

Village will furnish the printed
certificates
and
the
approving
opinion of Dorsey,

Colman, Bark¬

er,

Scott & Barber of
Minneapolis.

MISSISSIPPI
'

by White, Hattier & San^
Due

on

Dec.

1, as follows: $2,500 from 1948 to1952; $6,500 from 1953 to 1957, and
$8,000 from ,1958; tonJ967, all in¬
clusive.

Jackson County (P. O,
Joneshoro)r

Miss.

Bonds Approved

as

to

Legality

—An issue .of $500,000 1%, 2 and
2V4% court house bonds has been
apnroved
&

as

to

legality by Charles

Trauernicht of St. Louis.

Marion
Bond

the bonds. The cost of
printing the
bonds will be paid
by the Town¬

v

pur¬

chased

ford of New Orleans.

be

Canfield, Paddock & Stone, of
Detroit, approving the legality of

f

;

Hazelhurst Municipal
Separate
School District, Miss.
Bond Sale—The
$125,000 school
bonds offered on No. 20 were

principal only.

as

Minn.

Justad, Village Clerk, will receive8*

conditioned noon
the unqualified opinion of Miller,

shall

Park,

Offering—Joseph

sealed bids until 8 p.m. on
Dec. 15
for the purchase of
$123,000 not to
exceed 3% interest
certificates of
indebtedness. Dated Dec.
15, 1947.

1.

,

shall

Louis

Certificate

...

May

all callable Water and
Revenue
Extension
and

Refunding

Bids

Moody,

Co.,

Bond

and

Sewer

&

011:

were

—

a net

a

redeemed

thereafter, on 30 days' notice bv
publication in a paper circulated

1947,
Norton

at the De¬

Detroit.

payment date

premium

Kalamazoo

int. water and

Juran
&

$20,000.

offered
2151

p.

serially

1956

nated

Law-

'

revenue

deemable

A

by

wood Falls,

Township Clerk, will receive
sealed bids until 8 p.m. (EST) on
Dee. 2 for the purchase of $175,000

Nov.

the cost of

O.

Offering—William

maturing

City will pay
printing of the bonds.

(Pi

son,

terest

The

cer¬

Van Dyke), Mich.

troit

bonds.

A

The "

-r-

1.705%.- " Dated

to

or

Warren

the

of

be

may

Village Treasurer, is required.

upon

the

as

tified check for $1,140 payable to

the

All bids will be conditioned

opinion

of

un¬

opinion of Claude H.
Stevens, of Berry, Stevens, Barbier & Evely, of Detroit, approv¬
ing the legality of the bonds. The

166,

v.

Kalman

Due

purchaser

qualified

ered.

unqualified

and

a

regular

with

—

Paul, jointly, at

value thereof and

par

25

purchased

terest payment dates on and after
Nov. 1, 1959, in inverse numerical

6% interest various
coupon

Nov.

Sale

certificate

revenue

No.

service, notices of the sale of
municipal bonds, at the option of
the Village on any one or more in¬

order, at the

■,

Hennepin County Indep. Sch. DisK

or

lated in the

agreed with the purchaser.

as follows: $2,000
1959; $3,000 from
1960 to 1973, and $4,000 from 1974

from

Dated

notes. Due
•

not to exceed

Certificate

on

publication circu¬
Qity of Detroit, which

newspaper

v

;

.

or at
Minneapolis or St Paul. X
certified check for $1,000
payable
to the Village is
required.

of

multiple of V4

a

accrued

Detroit, Mich.
One

Bond Sale
on

22,000 school land, Acts of 1947

Maryland,

one

The cost of

opinion and the printing of
paid by the pur¬

quired.

incl.

Due $50,000

Ghbstertown: ; Bidder
are{reque8tedtb state in-their bids

1.46%:

$41,000 street construction notes.
Due on Dec. 1; $5,000 in 1948,
and $4,000 in
1949 to 1957,

on Nov.
1, from 1948 to 1967 incl.
Registered ) as.' to '^rineipa^

than

such

the notes shall be

1962.

The bonds maturing in the
years 1960 to 1962, both inclusive,

of

Lexington, Mass.

3

a

legality of the notes.

the

to

of 1 %.

Miller, Canfield, Paddock & Stone,
of Detroit, approving the
legality

MARYLAND

Bond

opinion
of
attorney approving

1949

interest to be in

sealed bids until 8 p.m.
(EST) on
Dec. 12 for the purchase of
$82,000

will

taxation.

,

the un¬
the
pur¬

Granger, City Clerk, will receive

First

highest

for l%s, at a price of 100.42.

v

Bids

Kelly,
receive

—

Bidder to name a single rate of
interest, expressed in a multiple
of V4 of 1%. Principal and semi¬

Gray, Best, Coolidge &
Rugg, of Boston, as to the legality

Kent

the notes will be considered.
will be conditioned

Grayling, Mich.

from 1948 to 1970 inclusive, and
$5,000 from 1971 to 1977 inclusive.

incl.

bonds.

Offering

Treasurer,

Due

of Ropes,

V

the

from

or

15,

Commerce, of Port¬
$8,000 on Dec. 1, from

1967

the

of

Due on Dec. 1, 1948.
proposals for less than all of

000

ing

pon

The purchaser
will be furnished with the opinion

was

option

purchaser.
No

sealed bids until 2:30 p.m. on Dec.
4 for the purchase of
$173,000 cou¬

per¬

tional Bank of

the

the

bonds will be delivered at Detroit

Note

by Salomon Bros. &
Hutzler, of New York, as 17/8S, at
a price of
101.11, a basis of 1.76%.
Dated Dec. 1, 1947. Principal and
interest (J-D) payable at the Na¬

of

at

Nov. 26—v. 166, p. 2040—was that
of the General Retirement
System
of the City and

Town

purchased

to

be

Lenox, Mass.

Portland, Me.
$160,000
improvement
of

Bond

1948

to

transit

MAINE

land.

Denominations and form of

1, 1947. De¬
nomination $1,000. Due on Nov.
1,
as follows:
$1,000 in 1948, and $4,-

next
highest bidder was Estabrook & Co., R. L. Day & Co., Cof¬
fin & Burr, jointly for
l%s, at

Dis¬

bonds.

100,000 Cotile School District No.

bonds

1,

101.18.

Rigolette

trict No.

,,/

an¬

Dec.

Township Treas¬

Blooming Prairie, Minn.

Lumberman's

Dec. 1, from 1948 to 1966 incl. The

$104,500
>

Dated

1947.

chaser's

$380,000 school

Bond

•

5% interest tax

notes.

notes

qualified

Hingham, Mass.
Note

(P. O. Alexandria), La.
Offering —H. M. Wells,

^

ticipation

upon

Corp., of Bos¬
ton, Laidlaw & Co., of New York,
and
Weeden
&
Co., of Boston,
jointly, as l3As, at. a price of
Secretary-Treasurer Parish School
101.435, a basis of 1.572%. Dated
Board, will receive sealed bids
Dec. 1, 1947. Principal and inter¬
until noon on Jan. 6 for the
pur¬
est
(J-D)
payable at the Day
chase of $204,500 coupon bonds as
Trust Co., Boston. Due
serially on
follows:
Rapides Parish

not to exceed

purchased by the National

the

Alexandria, and Scharff & Jones,
jointly, for $140,000 as 2y2s, $36,as
2%s, and $58,000
price of 100.004.

maintenance

Nov. 25—v. 166, p. 2151

Boston,
at
0.585% discount. Due on April 1,
1948. The next highest bidder was

subject to the approving opinion
Chapman & Cutler of Chicago.
The next highest bidder was Weil
& Co., Rapides Bank & Trust
Co.,

a

on

Rockland

of

000

hospital

offered

the

MINNESOTA

cipal and interest (A-O) payable
at

to

is required.

urer,

the

*

an

payable

multiple of lA of 1%. Prin¬

2151
purchaser. Bank, Muskegon. No proposals for
No
—were purchased by a syndicate
telephone bids will be re¬ less than all of the bonds will be
composed of Phelps, Fenn & Co., ceived.
considered. Bids shall be condi¬
Goldman, Sachs & Co., both of
tioned upon the unqualified
Seneca Vista (P. O.
Water town, Mass.
opin¬
New York, Stranahan, Harris &
ion of the purchaser's
Louisville), Ky.
attorney.
Bond Offering—'James H. Sher¬
The cost of such
of Toledo, Hornblower &
Bonds Voted—At the
general Co.,
opinion to be
idan, Town Treasurer, will re¬
election on Nov. 4 the voters ap¬ Weeks, and Robert Hawkins &
paid by the purchaser. The pur¬
ceive sealed bids until 2
p.m. on
Co., both of Boston, as 13/4S, at a
chaser will pay for the cost of
proved the issuance of
$17,000
Dec. 3 for the purchase of
$300,- printing the bonds.
price of 100.521, a basis of 1.643%.
sewer bonds.
A certified
veterans
Dated Dec. 1, 1947. Due serially 000
housing
coupon check for 2 %
of the total par
bonds.
Dated. Dec. 1, 1947.
on Dec. 1, from 1948 to 1957 incl.
De¬ value of the
LOUISIANA
bonds, payable to the
nomination $1,000. Due $15,000 on
Principal and interest (J-D) pay¬
District Treasurer, is
required.
Beauregard Parish School Dists.
Dec. 1, from 1948 to 1967 inclu¬
able at the City Treasurer's office.
(P. O. De Ridder), La.
sive.
Bidders to name the rate
Ontonagon Ccunty (P. O.
The next highest bidder was Leh¬
Bond Sale—The $234,000 school
of interest in
man
Ontonagon), Mich.
multiples of Vt of
Bros., at a price of 100.422,
bonds offered on Nov. 18—v. 166,
1%. No bids for less than par arid
Note Sale—An issue of
for l3/4s.
$31,000
p. 1624—were purchased by a syn-n
accrued interest will be
notes
was
sold
on
accepted.
Nov.
25
to
dicate composed of the City Sav¬
Chelsea, Mass.
Principal and interest payable at McDonald-Moore, & Co., of De¬
Bond $aie—The $80,000 munic¬ the
ings Bank & Trust Co., and the
Merenants National Bank of troit.
Dated Nov.
1, 1947.
Due
First National Bank, both of De ipal relief loan, Act of 1947 bonds
Boston. No telephone bids will be on
May 1, from 1948 to 1952 incl.
Ridder, jointly, at par, a net in¬ offered on Nov. 24—v. 166, p. 2151 accepted.
Approved as to legality Principal and interest payable at
terest cost of 2.668%, as follows:
—were
purchased
by
Whiting, by Storey,
Thorndike, Palmer & the County Treasurer's office.
$28,000 as 2s, maturing on Dec. 1. Weeks & Stubbs of Boston, as l%s, Dodge, of Boston.
St. Claire Shores, Mich.
| $14,000 in 1949 and 1950; $78,000 at a price of 100.349, a basis of
as 2V2S,
MICHIGAN
maturing $15,000 in 1951 1.102%. Dated Nov. 1, 1947. Inter¬
Bond Offering—Walter F.
Pratt,
and
1952; $16,000 from 1953 to est payable M-N. Due serially on
Village Clerk, will receive sealed
Dearborn, Mich.
1955, and $128,000 as 2%s, matur¬ Nov. 1, from 1948 to 1951 incl.
bids until 7:30 p.m.
(EST) on Dec.
Note
Offering —; Myron
A. 2 for the
ing $17,000 in 1956 and 1957; $18,purchase of $57,000 not
Essex County (P. O. Salem),
Stevens, City Clerk, will receive to exceed
000 in 1958 and 1959; $19,000 in
5% interest special as¬
Mass.
sealed bids until 8 p.m.
I960 and 1961, and $20,000 in 1962.
(EST) on sessment sewer of 1947
Note Sale—The $50,000 tubercu¬ Dec. 2
coupon
for the purchase of
The same syndicate also pur¬
41,800 bonds. Dated Dec.
chased

ship. A certified check for 2%
of the total par value of
the bonds,

000 in

a

53

County (P. O. Columbia)>
Miss.

Offering—T.

Clerk' Board

of

H.

Barnes,

Supervisors, will

receive sealed bids until
Dec; 1 for the purchase of

noon

on

$250,009
community hospital bonds. Dated

54

Feb. 15,

1948. Denom. $1,000. Due
15, as follows; $20,000
1958, and $25,000 in

Feb.

on

from

1949 to

1959 and

Bidders requested
bids the price

1960.

in

state

to

THE

(2258)

they will

their

Thedford School District, Neb.
Bond

At

—

special

a

11 the

construction bonds.

Election

At

—

special

a

the approving opinion of Charles voters will consider the issuance
of
$184,000 county high school
& Trauernicht, of St. Louis, The
bonds.
bonds will be delivered the pur*

Where will be at the

of the

cost

purchaser. A certified check for
$5,000 payable to the County, 1s
required.
Raymond, Miss.

.

Bond

Sale-—The

$20,000 Town
bonds offered on Sept. 2—v. 166,
p. 900—were purchased at public
auction by the Merchants & Plant¬
ers Bank of Raymond, as 2s, at a
price of 100.25.
Dated Sept. 1,
1947.
Due serially from 1948 to
1960 incl. Approved as to legality
by Charles & Trauernicht of St.

purchased by
Co., Inc., as
price of 100.007, a basis
of
1.748%.
Dated Dec. 1, 1947.
Principal and interest (J-D) pay¬
166, p. 2152—were
Harriman Ripley &
a

Boston.

of

Bank

Sale—The Delta National

Bond

Bank and the Bank of Yazoo City,
both

of

Yazoo

Nov.

24

were

City,

jointly, on
awarded $185,000

building bonds

2s, at

as

The bonds

price of

a

part of an
authorized issue of $350,000 and
are
dated Jan.
1, 1948.
Second
100.10.

are

high bid of 100.01 for a combina¬
tion of 2V4S and 2y2s was made by
Scharff
&
Jones, and
Max T.
Allen & Co.,

jointly.

MISSOURI

price of 100.25.

a

Bonds Not Voted—At the elec¬
tion held

Oct. 28 the voters did

on

the issuance of $75,000
public library building bonds.

not approve

County (P. O.
Hillsboro), Mo.

Jefferson

eral election

did

the gen¬

Not Voted—At

Bonds

not

Nov. 4 the voters

on

of

the issuance

approve

$500,000 court house bonds.
Linn County (P. O. Linneus), Mo.
Bonds Not Voted—At the elec¬

held

tion
did

not

Nov.

on

approve

the

18

the

voters

issuance of

$400,000 county hospital bonds.

Sale—The

ment

of
13

Nov.

1947

$25,000 equip¬

bonds

offered

on

1937 — were
purchased by the Audubon Na¬
tional Bank, as 1.20s, at a price of
100.031, a basis of 1.189%. Dated
Nov.
1,
1947.
Interest payable
M-N. Due serially on Nov. 1 from
166,

v.

—

p.

1948 to 1952 incl.

Avalon, N. J.
Sealed Tenders Invited—Sealed
tenders

will

received

be

by the
Borough Clerk until 2 p.m. on Dec.
10, in amounts sufficient to ex¬
haust the sum of $10,244.75, which
available for retirement of

now

refunding bonds, dated
1940, maturing on Dec.

Aug. 1,
1, 1980.
Each tender shall state the prin¬
cipal amount of bonds proposed to
be sold and the price, expressed
as
a
percentage (not exceeding
100%) of their par value at which
said

bonds

tendered.

are

Bonds

purchased shall be surrendered in
deliverable form and with all ap¬

purtenant

attached at the

coupons

First National Bank of Cape May
Court House, N. J., on or before

Dec. 22, at which

time payment of
price stated will be made to¬
gether with interest on the bonds
accrued to date
of delivery or
Dec. 15, whichever is earlier.

Holt,

receive

sealed bids until 7:30 p.m. on Dec.
8 for the

purchase of $10,000 not
interest special im¬

to exceed 6%

provement

district

and

bonds.

sewer

zation

bonds

choice

and

the second

1,

the

be

bonds

first

Falls,

Sold

Mont.

The

were

—

bonds

offered

Nov.

on

4

purchased by Kalman & Co.,

of Minneapolis.

ceive

bids

sealed

ing

bonds

offered

Nov.

on

19—

166, p. 1832—were purchased
by Kalman & Co., of St. Paul, as
2%s, at par. Dated Jan. 1, 1948.
Interest payable J-J.
v.

Missoula, Mont.
Bond

Offering—Mar jorie

quetts,
sealed

City

Clerk,

bids until

will

10

a.m.

Mar-

receive
on

Dec.

9 for the purchase of

$188,000 not
to exceed 6% interest Special Im¬
provement District No. 89 bonds.
Dated Dec. 9, 1947. Amortization
will

be

the

Council

and

first

choice

of

serial

bonds

will

the
be

the second choice.

sewer

50,000 emergency housing bonds.
Due $5,000 on Dec. 15, from
1948
to
1957
incl., optional
Dec. 15, 1952.
40,000 improvement bonds. Due
on Dec. 15, as follows: $5,000

$7,000 from 1949

to 1953 incl.
Dated Dec. 15, 1947.

tion

will be
sold as combined issue as though
they constituted one single issue,
and

said

Said

Denomina¬

$1,000.

the

bonds

combined

bonds

maturities

maturing

follows:

Dec.

on

$20,000

of

15

in

1948;
$22,000 from 1949 to 1951; $27,000 in 1952 and 1953; $20,000 from
1954
to
1957, and $15,000 from
are

as

1958 to 1983 incl.

in

to

be

of

1%

all

of

Rate of interest

multiples of

Va

and must be the
the

bonds.

1/10

or

same

Principal

for

and

interest (J-D) payable at the First
Mechanics National Bank of Tren¬
ton.

for

No

bids

said

will

separate

be

considered

issues

of

the

bonds, and all proposals must be

School District,

Election—At

p.m.

000 from 1952 to 1983 incl.

all

bined
Bond

8

of 1947 bonds. Due
on Dec. 15, as follows: $10,000
from 1948 to 1951, and $15,-

$520,000

for

NEBRASKA

Lexington

until

re¬

follows:

as

Lewis and Clark County Sch. Dist.
No. 1 (P. O. Helena), Mont.
Sale—The $112,000 build¬

A. Sut¬

(EST) on Dec. 2 for the purchase
of $610,000 not to exceed 6% in¬
terest coupon or registered bonds,

in 1948, and

Bond

O.

ter, Township Treasurer, will

be

will

$1,300,000
sanitary and storm sewer system
revenue

Bond Offering—Harold

choice of Jhe Council.

Great
Bonds

Jan.

$500. Amorti¬

will

serial

water

3

No.
Dated

•1948. Denomination

Township (P.

Trenton), N. J.

will

Clerk,

Town

Jr.,

Neb.

election

alarm

of

said

issue.

issues

The

as

bonds

a

com¬

will

be

approved as to legality by Cald¬
well, Marshall, Trimble & Mit¬

inclusive.

will

Dec.

$500.
be

sold

Denomina¬

1, 1947.

Said
as

issues

of

bonds

combined

a

issue

though they constituted one
single issue, and the combined

as

maturities of said issues of bonds

maturing on Dec. 1, are as follows:
$6,000 in 1948 to 1951, $5,000 in
1952, $2,000 in 1953 to 1955, $1,000
in 1956 and $500 in 1957. Bidders
to state in their proposal the rate
of interest (naming a single rate
for all of the bonds as if they
constituted
a
single issue) the
bonds are to bear, in a multiple
of 1/4 or one-tenth of 1%.

posals
bonds

will
at

rate

a

No pro¬

considered

be

for

higher than the

lowest rate at which

New

sewer

assessment, $19,000
sewer
assessment, series A, $17,000
emergency
housing and $12 000
street assessment) offered on Nov.
25—v. 166, p. 1937—were awarded
to Boland, Saffin &
Co., of New
York, as 1.90s, at a price of 100.331, a basis of about 1.81%.
The
bonds

dated

are

mature

Nov.

Nov.

on

1

1, 1947 and

from

1948

to

not

to

1947

New

City, or at such
as may be agreed with
the
purchaser.
The
approving;
opinion of Vandewater, Sykes &
Heckler, of New York City, will
be

furnished

certified
to

the

check

certified

for

2%

of the

the bonds offered,
payable to the Borough Treasurer,
is required.
value

of

Newark, N. J.
Bond Sale—The $3,827,000
offered

bonds

Eastchester (P. O.
New
Bond

Sale consisted of:

of 2.146%.

$1,046,000 equipment bonds. Due
serially from 1948 to 1952 in¬

166,
by the

967,000
and

building, reconstruction
equipment bonds.
Due

serially from 1948 to 1957 in¬
clusive.

on

Nov.

public library bonds. Due
serially from 1948 to 1967 in¬
clusive.

533,000 school bonds. Due seri¬
ally from 1948 to 1967 inclu¬

count

sive.

13/4S

to

1964

in

made by an ac¬

was

composed

Point

of

Bond Offering—William I. Curran,

Borough

Clerk, will receive

sealed bids until 8 p.m. on Dec. 9
'for the purchase of $79,000 not to
exceed 6% interest water series D

bonds.

Dated

Nov.

1947.

1,

De¬

nomination

$1,000. Due on Nov.
1, as follows: $2,000 in 1948 and
1949; $3,000 in 1950; $4,000 in 1951;
$5,000 in 1952; $6,000 in 1953; $7,000 from

from
of

1954 to

1957 to 1960 inclusive.

interest

Vs

to

be

in

one-twentieth

or

must

1956, and $9,000

be

(M-N)

the

same

Rate

multiples
of

for

1%

all

the

County-National

Bank

Pleasant

The

purchaser

with

the

will

be

Beach.

furnished

of

Point

Opin¬
Delafield
&

of

Hawkins,
Wood, of New York City, that the
bonds are valid and general bind¬

ing
legal
obligations of
the
Borough. These bonds were of¬
fered on Aug. 5 and Sept. 16 but
not sold.

The $110,000 fund¬

ing bonds offered Nov. 25— v. 166,
p. 2041 — were awarded to J. S.
Rippel & Co., of Newark, and
sive.
59,000
Newark trade
school Rogers, Gordon & Co., of New
building bonds. Due serially York, jointly, as 1.60s, at a price
of 100.06, a basis of about 1.58%.
from 1948 to 1952 inclusive.
Dated Nov. 1, < 1947 and due on
33,000 storm sewer bonds. Due
serially from 1948 to 1952 in¬

Nov. 1 from 1948 to 1958 inclusive.

clusive.

Second high bid of 100.08 for 1.70s
was made by the National State

r.rnss

adelphia;

W

F.

Hutton

&

Co..

John

as

1.10s, at

on

Due seri¬

inclusive.

Oct.

1,

13,000 series B bonds.

ally

Oct.

on

1948 to'

from

Due seri¬

1, from

1948 to

1952 inclusive.

Dated Oct. 1, 1947. Interest pay¬
A-O. The next highest bid¬

able
der
at

was Tilney &
Co., for
price of 100.113.

a

1.40s,

Gates and Chili Union Free

Sch. Dist. No.

1

•

(P. O.

Rochester), N. Y.

,

:

Bond Offering —- Charles R.,
Mason, "President, Board* Of Edu¬
cation, will receive sealed bids

until

1 p.m. (EST) on Dec; 5 for
purchase of $15,000 not to ex¬

the

ceed

interest

2V2%

registered

school

$1,000.

Dec.

1,

from

Rate

of

interest

multiple of Va

a

and

must

the

bonds.

(J-D)

be

the

or

1,

Due

1948

on

incl.

1962

1947

Oct.

Dated

Denomination

$1,000
in

bonds.

to
be

to

1710 of 1%,
all of

for

same

Principal and interest

payable

District

the

at

The bonds will

Treasurer's office.

be

delivered the purchaser on or
about Dec. 19.
A certified check
for $300

payable to the District, is
required.
Kinderhook

District

School

No.

2

(P. O. Niverville), N. Y.
Bond Sale Postponed—The

the

of

$30,000

interest

for Dec.

sale

not to exceed

5%

building bonds scheduled
1 as reported in our Nov.

24 issue—v.

166, p. 2152—has been

postponed." The

District

is

con¬

templating selling the bonds at a
later date.

Minerva, Olmstedville Water Dist.

(P. O. Minerva), N.
Bond

Town

Offering—Anna

Clerk,

Y.
Kellogg,

receive sealed
4 for the

will

bids until 3 p.m. on Dec.

Woodbury, N. J.
—

26—

follows:

1952

and

of

Principal
and
interest
payable
at
the
Ocean

high¬

Nov.

on

Co., of Tuckahoe,

ally

of

190,000 bridge bonds. Due seri¬
ally from 1948 to 1967 inclu¬

Principal
and interest
(J-D)
payable at the National State
Bank, Newark. The next highest
bidder was Glore, Forgan & Co.,
Philadelphia National Bank, Phil¬

$59,000

2152—were purchased
First National Bank &

p.

par, as

1947.

Pleasant, N. J.

Bond Sale

inclusive.

1948

Phelps, Fenn
& Co., Inc., Hornblower & Weeks
and Campbell, Phelps & Co.,. Inc.

were

1967

from

Second high bid of 100.-

126 for

235,000 port terminal and airport
bonds. Due serially from 1948
to

1

elusive.

ion

744.000

Tuckahoe),

$46,000 series A bonds.

Goldman, Sachs & Co..
& Co., and Coffin
&
Burr, all of New York, as 1.70s,
at a price of 100.149, a basis oi

bonds.

clusive.

Sale—The

bonds offered

Estabrook

A

payable

York

posed

Nov. 25—v.

166, p. 2041
—were purchased by
a syndicate
composed of Smith, Barney & Co.,
B. J. Van Ingen & Co., both.-jE>f
New York, Fidelity Union-Trust
Co., of Newark, Union Securities
Corp., Goldman, Sachs &U0.V5both*
of New York, Trust Co. of Georgia,
of Atlanta,
Eldredge & Co., of
New York, Illinois Co., of Chicago,
and
Merrill, Turben & Co., of
Cleveland,
taking $3,815,000 as
2.20s, at a price of 100.329, a basis
on

$660

Trust

Marshall, Trimble & Mitchell, of of 1947, series A; $47,500 housing;
New York City, whose approving
$33,000 library of 1947; $29,00'
opinion
will
be furnished the sewer-of 1947, and $9,500 equip¬
purchaser. The bonds will be de¬ ment "bonds. The bonds are dated
livered on or about Dec. 22,. 1947. Nov.
1, 1947 and mature serially
par

purchaser.

for

Village, is required.

offered Nov. 26—v. 166, p. 2041—
were
awarded to a group com¬

a legally ac¬
about: 1.673%.
Sale consisted oJ
proposal
is
received. $166,000
street
improvement
Principal and interest (J-D) pay¬ bonds, Series of 1947; $166,000
able at the Farmers & Merchants street
improvement bonds; $103,National Bank of Matawan.
Ap¬ 000 street and fire apparatus;
$53,proved as to legality by. Caldwell, 000 sewer of 1946; $47,500 sewer

A

the

check

v.

of

Dec. 18"

on

York

other place

way

$654,000 bonds

Co., Baldwinsville. The

bonds will be delivered
at

New York, 100.159 for 2s.

Sale—The

sewer

(J-D) payable at the First Trust
& Deposit

Park, par for
1.95s; B. J. Van Ingen & Co., Inc.,

Bond

interest

registered bonds.'

.the bonds. Principal and interest

al Bank of Palisades

J.

5%

in multiples of % or 1/10 of 1%.
and must be the same for all of

1958 inclusive. Other bids: Nation¬

Paterson, N.

exceed

coupon .or

Dated Dec. 1, 1947. Denomination
$1,000. Due on Dec. 1, as follows:
$2,000 from 1948 to 1962, and $3,000 in 1963. Kate of interest to- be

ceptable

000 construction bonds.




Bond

($22 000

to be held on Dec. 9 the voters chell, of New York
will consider the issuance of $250,-'
approving opinion

City, and their
will be fur¬
nished the purchaser. A certified

1948 to 1955 incl.

matuidtig^oftr^953/t(r195$

Palisades Park, N. J.
Sale —The $70,000 bonds

bonds.

from 1948

National State Bank,
Newark; Hallgarten & Co., Hornblower & Weeks, Roosevelt
&

an

Nov. 1 from

on

Bonds
are

system

and

Tilney & Co., both of
York, jointly, as 1.70s, at a
price of 100.07,- a basis of 1.69%'.
Campbell & Co., F. R. Cole & Co., Dated Nov. 1, 1947. Principal and
J. R. Ross & Co. and Ryan & Moss, interest
(M-N) payable "at the
jointly, for $3,822,000 as 2.20s, Babylon National Bank & Trust
at a price of 100.149.
Co., Babylon. Due serially on,Nov,
1, from 1948 to 1962 incl. The next
North Arlington, N.J.
Bond Sale—The $40,000 emer¬ highest bidder was Vostal, Hall &
Co., for 13/4S, at a price of 100.17.
gency housing bonds offered Nov.
25—v. 166, p. 2041—were awarded
Baldwinsville, N. Y. "
/
to
MacBride, Miller & Co., of
Bond Offering—John R. Miller,
Newark, as 2.30s, at a price of Village
Treasurer, will receive
100.18, a basis of about 2.25%. sealed bids until
3 p.m. (EST) on,
Dated Nov. 1, 1947 and due $5,000
Dec. 2 for the purchase of $33,000

,

,

the

Hamilton

A.

.

2,500 land acquisition bonds. Due
$500 on Dec. 1, from 1948 to

tion

MONTANA

Offering—Steve

fire

Due $500 on Dec. 1,
to 1956 inclusive.

1952

Broadus, Mont.
Bond

4,500

Dated

Audubon, N. J.

v

Co.,

,

1951, and $1,000

1955 inclusive;

Nuveeri & Co., Tripp & Co., Don¬
ald MacKinnon & Co., Lyons &
Shafto,
Mackey,
Dunn
&
Co.,

clusive.

NEW JERSEY

is

Jackson, Mo.

serially on

1948 to

Monday, December 1, 1947

callable, at' par and accrued
7,500 toad bonds. Due $1,500 on
interest, on Nov. J,1952 or on any
Dec. 1, from 1948 to 1952 in¬
subsequent interest date. Second
clusive.
high bid of 100.26 for 21/>s was
5,000 water bonds. Due $5,000 on made
by Boland, Saffin & Co.,
Dee. 1, from 1948 to 1957 in¬
New York.

from

1,

Bond

City School District, Miss.

Due

1948 to 1958 incl.
The next highest bidder was First
National Bank, Boston, for 2s, at
Dec.

on

1952.

1948 to

Shawmut

National

the

at

able

p.m.

interest coupon

8,000 street improvement bonds.
Due $1,000 on Dec. 1, from

Sale—The $55,000 equip¬

l%s, at

8

$9,000 fire apparatus bonds. Due
on
Dec. 1, as follows: $2,000
in

v.

until

purchase of $36*500

registered bonds,vas follows:

or

from

ment bonds offered on Nov. 24-—

bids

sealed

not to exceed 6%

Berlin, N. H.
Bond

Offering

Dec. 9 for the

NEW HAMPSHIRE

Louis.
Yazoo

Matawan, N.J.

ceive

election to be held on Dec. 11 the

chaser on or before March 1,1948
fn Columbia, Miss., Jackson, Miss.,
New Orleans, La., or Memphis,
Tenn., without cost. Delivery else*

of the par value of
offered, payable to the
Township Treasurer, is required.

— Kuert
C. Wycoff, Borough Treasurer, will re¬

Thedford), Neb.
Bond

CHRONICLE

check for 2%

Bond

O.

Thomas County (P.

FINANCIAL

&

the bonds

issuance

consider the

will

of $40,000

the interest rate which the bonds
are to bear. The County will pay
for the printing of the bonds, and
will furnish the purchaser with

Election

election to be held on Dec.
voters

for the bonds and

pay

COMMERCIAL

Bank of Newark.

purchase of $40,000 not to exceed
interest water system coupon

4%
or

registered bonds. Dated Nov, 1,

1947.

Denomination

$500. Due

on

NEW YORK

Y.

-

and

$1,000 from 1948 to 1957, and $1,500

from

1958

to

1977; both incl.

Rate of interest* to be in
of Va or 1/10 of 1%

the

same

for

all

,

multiples

and must be

of' the'

bonds.

Principal and interest (M-N) pay¬
able at the North Creek

Bank,

North

Creek;

will be delivered

Babylon, N.

$1,000,

1, as follows:

Nov.

on or

National

The

bonds

about Dec.

22* 1947 at the office of the pur¬
chaser,
or
at
the
office
of
Hawkins,* Delafield & Wood*-* 67
.

Bond

Sale—The

$85,000'public

dock (1947) bonds offered on Nov.
25 —v. 16(6, p. 2152 rr- Were .pur¬
chased by Francis I. du Pont" &

Wall

Street, New York City, The
•purchaser will be furnished with
.

the

approving opinionof Hawkins,
Delafield & Wood, of New York

Volume

166

Number 4651

iV,

THE

COMMERCIAL

$ City. A certified check for 2% of proving opinion of Hawkins, Dela¬
field & Wood, of New York City,
; the bonds bid for, payable to the

,i

Town, is required.

will

lieu) York City Housing Authority,

;V,

New

r Note

York

Sale—The

New

17,

Bros.

1948,

&

&

Hutzler

"

New

York, as follows:- $2,000,000
at
0.95%; $3,000,000 at
0.95%; $2,000 000 at 0.96%
$37,000,000 at 0.97%.
; - j 450.000 due Dec. 17, 1948, to the
.:v
New
York
Trust
Co., New
^
York, at 0.93%.
Jfy& 1,000,000 due Dec. 17, 1948, to V*.
v'
Bessemer
Trust Co
Jersey
City, at 0.95%.
-

■-

.

,

are

dated Dec.

South Nyack, N. Y.
Sale—The $34,000 coupon

or

registered

of

1947 bonds offered
21

street improvement

166,

v.

—

for sale

on

2041 —were

p.

awarded to the State Bank of Al¬

bany,

IV2S, at

as

basis

•a

■Dec.

of

price of 100.007,

about

1947.

1,

a

1.495%.

Dated

from

Due

Dec.

1,

will

receive

bids until

a.m.

(EST)

11

6% interest school building series
A

bonds. Dated Dec. 1,
1947. Denom. $1,000. Due on June
1, as follows: $6,000 from 1950 to
1954; $7,000 from 1955 to 1959;
$10,000 in 1960; $12,000 from 1961
to 1965, and $15,000 from 1966 to
coupon

incl.

1977

of

These

bonds are part
$1,000,000 author¬
the election held on March

issue

an

ized at

Principal and interest (J-D)
payable in New York City. Registerable as to principal only. The
bonds

will

about

Dec.

rate
of

1.60%

bonds,

by Geo. B. Gibbons &
followed by Tilney &
offer of 100.160 for

Inc.,
Co., with
1.70s.

an

(P. O. Warrensburg), N.Y.

P^V„, Bond Sale—The $20,000 store¬
house 1947 bonds offered
20

on

Nov,

2041—were pur¬
chased by the Emerson National
.'Bank, of Warrensburg, as 1.40s, at
a
price of
100.105, a basis bf
166,

—v.

p.

J 1.379%.

Dated Sept. 15, 1947. Due
serially on' Sept. 15 from 1948 to
1957 incl.
Principal and interest
(M-S) payable at the Emerson
.National Bank, of Warrensburg.
The next highest bidder was the
State Bank of Albany, for 1.60s,
at a price of 100.047.
•

•

W.atertown, N. Y.
Bond

f*'/Hayes,
k

•

ceive

Offering

George

—

Treasurer,- will

City

bids

sealed

until

2

E.
re-

p.m.

3 for the purchase
to exceed 5% in/ terest public improvement of 1947
coupon or registered bonds. Dated
O Dec, 1, 1947. Denomination $1,000.
Due on Dec. 1, as follows: $15,000
-" ' in 1948 and
1949, and $20,000 from

'

-

(EST) on Dec.
of $190,000 not

to

ance,

but

than
must
of

-

about Dec. 15, at New York City,
such

or

other

place

as

-

,

'

'

•

=

Offering

—

1952.

;?

multiples

of

y4

and

be

the

'

-

the
'

•

/
:

Rate

must

of

or

to

1/10

same

be

of

for

all

of

bonds.. Principal and interest

payable
at
the
Nassau
County Trust Co. Mineola. The
bonds will b£ .delivered The purr
on

or

about Dec.

17, 1947

at the purchaser's off ice or at the
•

opinion
of

office of Hawkins,' Delafield &
Wood, of New York City. The ap¬




The

with

of

New

Mitchell

York

City.

&

A

Treasurer, is required.

purchased by

a

pal and interest (A-O) payable at
the Farmers Bank Co., of Bellville.
Bond attorney's opinion at
option and expense of purchaser.
A

certified

amount

check

of

for

1%

of

the

bonds, payable to the

School District, is required.

Cortland,
Bonds Voted

$30,000 as
21/2s, maturing $6,000 on Mar.
1, from 1950 to 1954; $36,000
as
2s, maturing $6,000 from

1955 to 1960; $94,000 as
2V2s,
maturing $6,000 from 1961 to
1964; $10,000 in 1965; $15,000
from 1968 to 1969, and
$240,000 as 234s, maturing
$15,000
from 1970 to 1985, all inclu¬

sive.

election

Nov.

on

from

1950 to

1954; $55,000 as
2s, maturing $8,000 from 1955
to 1959; $15,000 in
1960; $135,000 as 2y2s,
maturing $15,000
from 1961 to

1969, and $135,000 as 2%s
maturing $15,000
from 1970 to 1978, all inclu¬

Township Local Sch. Dist.
(P. O. Defiance), Ohio

Bonds Voted
election

000 in

1962; $7,000 from 1963
1969, and $84,000 as 23/4s,
maturing $7,000 from 1970 to
1981, all inclusive.

bids

the

Clerk,

until

Bond

ing

Sale—The

bonds

offered

Dec.

on

$25,000

4

4%

Dated Dec. 1,

Inter¬

1%.

These

on

multiple of y4 of

a

the bonds author¬

are

ized at the- election held

Aug.

on

29.

No bids for less than par and
accrued interest will be consid¬

ered.

The purchaser will be fur¬
nished with the approving opin¬
.

ion of Peck, Shaffer & Williams,
of Cincinnati. No conditional bids
will be received. A certified check
for 1% of the bonds bid for, pay¬
able to the Village, is required.

Findlay City School District, Ohio
Bond Offering—Mildred Farner,
Clerk, Board of Education, will
receive sealed bids until

noon

on

Dec. 15 for the purchase of

$400,000. 2%
construction,
unlimited
tax; coupon bonds. Dated Jan. 1,
1948.
Denomination $1,000.
Due
10,000 on April and Oct. 1, from
1949 to 1968 incl. Bidders may bid
for
a

a

Nov.

24—

multiple of y4 of 1%.

the bonds

authorized

These

at the

are

gen¬

at

Nov. 4/ Due

the

election held

serially in 10

Voted—At

election
house

construction

the

general

Nov. 4 the voters ap¬
proved the issuance of $6,000 im¬
on

provement bonds.

Bond

Ohio

Sale
The
$20,586.46
improvement bonds offered

sewer

—

Nov. 21—v. 166, p. 2042—were

on

purchased

will

be

consid¬

The purchaser will be fur¬

ered.

nished

ion of

with the approving opin¬
Squire, Sanders & Dempsey,

of Cleveland. A certified check for

$4,000 payable to the Clerk-Treas¬
urer, Board of Education, is re¬
quired.

O.

County (P.
Columbus), Ohio

by

the

Lebanon

Citi¬

Sale—The

$25,371

Sewer

fered

on

Nov. 21—v. 166, p. 1938—

were purchased by J. A. White &
Co., of Cincinnati, as l3/4s, at a
price of 100.79, a basis of 1.595%.
Dated Dec. 1, 1947. Interest pay¬

able M-S. Due

serially from 1949

Bond

School

District

Offering—Ben

A.

Wood¬

ruff, Clerk of Board of Education,
will receive sealed bids until
on

Dec.

10

for

1949

to

Nov.

1, 1947. Interest

able M-N. Due

the

1972

noon

purchase

incl.

serially

pay¬

Nov. 1,

on

from 1949 to 1958 inclusive.

Maple Heights (P.
Bedford), Ohio
George

of

Bidders

may bid ior a different rate of in¬
terest in a multiple of y4 of

1%.

bonds authorized at the gen¬
eral election on Nov. 4. No bids for

approving
opinion of Peck, Shaffer & Wil¬
liams, will be furnished the pur¬
chaser. No conditional bids will
be received. A certified check for

1% of the bonds bid for, payable
to the

Board

of

Education, is

re¬

quired.

Clerk

Board

receive
Dec.

sealed

11

for

3%

Peterson,
Education, will

of

bids until

noon

the purchase

improvement

on

of $35,-

unlimited

tax bonds. Dated Dec. 1, 1947. De¬
nomination $1,000. Due on Dec. 1,

follows: $2,000 in 1949 and 1950;
$3,000 in 1951; $2,000 in 1952 and
1953; $3,000 in 1954; $2,000 in 1955
and 1956; $3,000 in 1957; $2,000 in
1958 and 1959; $3,000 in 1960; $2,000 in 1961 and 1962, and* $3,000
in 1963. Bidders may bid for a

as

different

rate

multiple of

%

of

interest

of

in

1%. These

a

are

—

price

Call

not

such bonds

exceeding

—

at

a

value.

par

Tenders should contain

descrip¬

a

tion of the bonds

by issue number
number, and bonds so
tendered must be ready for deliv¬
ery not later than 10 days' there¬
and

bond

A

certified

bonds

Call—George Schlesinger^
Secretary Sinking Fund Commis¬
sion, calls for payment on Dec. 30
indebtedness

(delinquent

tax)

liqui¬
bonds

Nos. 57 to 70. Dated Dec.
30, 1942.
Due on Dec. 30, 1952. Said bonds
with

unmatured

interest coupons

shall be presented to the Cleve¬
land Trust Co., Bedford,
Ohio, for
payment at par and accrued in¬

terest

through Dec. 29, 1947 after

which date interest

Milford

ceases.

Offering

—

Dec.

on

1947.

Samuel

T.

construction,

Sale

offered

1,

Denominations

$1,000 and
Due $4,000 on May 1, and
Nov. 1, from 1949 to 1972, and
$4,May 1, and $3,500 Nov. 1, 1973
for a different

Bidders may bid
rate of interest in
of

1%.

These

thorized
on

Nov.

and

at

4.

the

multiple of y4

a

are

the

bonds

general

au¬

election

No bids for less than

interest will

accrued

be

opinion of Peck, Shaffer & Wil¬
liams, of Cincinnati.
No condi¬
tional

bids

will

be

received.

A

certified

check

bonds

for, payable to the
Education, is required.

for

1%

of

the

bid

Board, of

Owens Local School District, Ohio
Bond Offering
sealed

— W.
J. Snider,
Education, will re¬

bids

until

noon

for

—

The

unlimited

gen¬
bids

on

Dec. 15 for the purchase of $120,000
2%
unlimited
tax
bonds.
Dated Nov. 1, 1947. Denominations

1%

of

the

$10,000 fire
tax

bonds

Nov. 7—v. 166, p.

on

1834

purchased by the Phillips¬
burg State Bank, as l3/4s. Dated
Oct.
1,
1947.
Interest
payable

—were

J-D. Due serially on Dec.
1949 to 1958 inclusive.

1, from

Springfield Local School District
(P. O. Mansfield), Ohio
Offering—Vance

Clerk Board of
ceive

sealed

Dec.
000

15 for
not

Clever,
Education, will re¬

bids

until

the purchase

to

exceed

2J/2%

noon

on

of $80,interest

construction, unlimited tax bonds.
Dated Jan.

1, 1948. Denomination
$1,000. Due $4,000 on Oct. 1, from
1949 to 1968 incl.

to

be

These

in

Rate of interest

multiples of

are

y4 of 1%.
the bonds authorized at

the general election

on Nov. 4. No
bids for less than par and accrued
interest will be considered. Prin¬

the

fied

(M-N)

Citizens National

payable
Bank

&

Co., of Mansfield. A certi¬

check

for

1%

of

the

bonds

bid for, payable to the School Dis¬
trict, is required.

Troy, Ohio

un¬

Dated Dec.

$500.

000

No

for, payable
to the
Education, is required.

equipment

at

13 for the purchase

limited tax bonds.

4.

Phillipsburg, Ohio
Bond

Trust

Bateman, Clerk Board of Educa¬
tion, will receive sealed bids until
$199,500 2%

check

cipal and interest

Exempted Village
District, Ohio

School
Bond

at the

bid

Board of

Bond
Bond

dation

Nov.

chaser will be furnished with the

after.

$14,000 2%%

on

conditional bids will be received.

Bond

Fund

purchase of

authorized

election

fer &

Schlesinger, Secretary
Commission, will
receive sealed tenders at the City
Hall, on or before noon Dec. 20,
of refunding bonds dated Jan.
1,
1937.
Approximately $25,000 is
available in the sinking fund for
the

eral

approving opinion of Peck, Shaf¬
Williams, of Cincinnati. No

O.

F.

Sinking

ceive
Local

are

the

for less than par and accrued in¬
terest will be accepted. The pur¬

Clerk Board of

to 1958 inclusive.

different rate of interest in

a

multiple of y4 of 1%. These

a

Dated

considered. The purchaser will be
furnished
with
the
approving

District Perry No. 1, improvement
No.
197 water
main
bonds of¬

1,

National Bank, as iy2s, at a
price of 100.05, a basis of 1.491%.

par

Franklin

and Nov.

the bonds

of

interest

for

000

bonds.

—

election

May

(P. Q. Rainsboro), Ohio

Nov. 4 the voters ap¬

on

$2,500

Bond Offering—Frank

Kingsville Fire District, Ohio
Bonds Voted
At the general

noon

on Nov. 4.
Principal
(A-O) payable at the
Ohio Bank & Savings Co., Findlay. No bids for less than par and

1968;

Paint No. 2 Local School District

proved the issuance of $4,500 fire

and interest

from
on

years.

inclusive.

Bonds

eral election

v. 166, p. 2042—were
purchased by $480,000 3% building bonds. Dated
the'Bank of North Dakota, of Bis¬ Jan* 1, 1948. Denomination
$1,000;
marck. These are the bonds au¬ Due $10,000 on June and Dec. 1,

thorized

on

1,

from 1969 to 1972, and $2,000
May
and Nov. 1, 1973. Bidders
may bid

Jennings Township (P. O.
Fort Jennings), Ohio

different rate of interest in

(P. O. Black Lick), Ohio

$20,000 build¬

1952

payable J-D. Due
Dec. 1, from 1949 to

Tenders Invited

Brenne-

Denomination $1,000.

of. interest in

NORTH DAKOTA

District, N. Dak.

serially

$100,000

will receive

of

water works bonds.

1947.

general

of

noon

purchase

Jefferson

Berthold School

18

Interest

bonds.

Village

sealed

the

the voters ap¬

Elida, Okio
Offering—A. S.

Bond

for

4

issuance

construction

man,

At

—

Nov.

on

the

proved

Bond

to

Nov.

on

zens

Defiance

sive.

sanitary
sewer
bonds.
$15,000 as 2V2S, maturing $3,000 from 1950 to
1954; $18,000
as
2s, maturing $3,000 from
1955 to 1960; $58,000 as
2V2s,
maturing $3,000 in 1961; $6,-

1947.

general

4 the voters ap¬

ap¬

166, p. 2042—were purchased
by the Miiledgeville Bank, of Jef¬
fersonville, as iy4s. Dated Dec. 1,

Lebanon,

the

proved the issuance of $14,000 fire
apparatus purchase bonds.

accrued

355,000 electric light bonds. $30,000 as 2y2s, maturing
$6,000

paratus bonds offered

fire

—v.

Ohio
At

—

est

syndicate

Bond Sale—The $10,000

are

for less than par and accrued in¬
terest will be considered.
Princi¬

the'ap¬

$400,000 water bonds.

in

1%,

(J-D).

chaser

furnished

by the
purchaser

Securities
Corp.,
of
Charlotte, Breed & Harrison, of
Cincinnati, McDaniel Lewis & Co,,
of Greensboro, Southern Invest¬
ment Co., of Charlotte, Jackson &
Smith, of Gastonia, and Peoples
National Bank, of Charlottesville,
at a price of 100.005, a net interest
cost of 2.63822%, as follows:
'

Robert Kent,

interest

furnished

secretary.

be

Bids must

Interstate

.

%

rate.

Banking & Trust Co., of Wilson,
Scott, Horner & Mason, of Lynchburgh, Provident Savings Bank &
Trust Co., of
Cincinnati, J. Lee
Peeler & Co., of
Durham, Vance
Securities Corp., of
Greensboro,

purchase of $14,000 not to exceed
4% interest land acquisition, 1947
coupon 01 registered bonds. Dated
.Dec. 1, 1947. Denomination $1,000.
Due on Dec. 1, as follows: $3,000
'.from 1948 to 1951, and $2,000 in

.

55

less than par and accrued interest
will be considered. The

Township (P. O.
Jeffersonville), Ohio

the bonds authorized at the gen¬
eral election on Nov. 4. No bids

more

composed by R. S. Dickson & Co.,
of Charlotte, Wachovia Bank &
Trust Co., of Asheville, Branch

bids until 4 p.m. on Dec. 3 for the

-

each

forms

on

—were

Village Clerk, will receive sealed

/

bid may name

175,000

Willipton Park, N. Y.
Bond

one

of

payable J-D. Due $1,000 on
Bond Sale—The
$930,000 bonds Dec. 1, from 1949 to 1973 incl. Bid¬
offered on Nov. 25—v. 166, p. 2153 der may bid for a different rate

be

may

name

Gastonia, N. C.

agreed with the purchaser. The
purchaser will be furnished with
the approving opinion of Vandewater, Sykes & Heckler, of New
York City. A certified check for
$3,800 payable to the City, is required.
1

•

of

Pershing,

the

at

may

*4

certified check for $6,300
payable

1/10 of

town. The bonds will be delivered

;

•'

payable

(J-D)

interest

multiples of

rates, and each bidder
specify in his bid the amount

proving

Watertown National Bank, Water-

•

no

bonds

be

'

terest

the

name

bid

purchase

multiples of y4 of 1%. These

four

1%, and must be the same for all
of the bonds. Principal and in'

or

for part of the bonds, and
another rate or rates for the bal¬

V1950 to 1957 incl. Rate of interest
to be in multiples of *4 or

on

the

noon

$44,000 not to exceed 2*/2% inter¬
est
construction, unlimited tax
coupon bonds. Dated Jan. 1, 1948.
Denomination $1,000.
Due $2,000
on Oct. 1, from 1949 to 1970 inclu¬
sive.
Rate of interest to be in

19, 1947 at place of
choice. Bidders are

Each

to the State

Warrensburg

delivered

for

17

Nov. 4.

on

Jefferson

Offering—George B. Lin¬
Clerk Board of Education,

Dec.

on

authorized

required.

rate

will

i,.

be

rates, in

or

1%.

above

-'Co.,

:

of

25.

of

"submitted

Dec.

on

purchase of $315,000 not to exceed

The second best bid

was an

sealed

office in Raleigh, for the

at his

2

.1948 to 1957, incl. Interest payable
for

Easter-

bonds

No bids for less than par and ac¬
crued interest will be considered.

District, Ohio

ton,

E.

the

are

general election

certified check for $6,000 pay¬
able to the Board of Education, is

will receive sealed bids until

Commission,

/J-D.

f

(2259)

A

Offering—W.

Bond

'offer

100.101

$25,000

garbage disposal bonds.

County (P. O.
Whiteviile), N. C.

requested

Nov.

authorized the issuance of

Belleville School

purchaser's

..•.17, 1947.
Bond

at the

Bond

ling, Secretary Local Government

'

All of the notes

of the

2%

These

NORTH CAROLINA

Hutzler

York, at 0,92%.

Salomon ! Bros.

;

for

for, payable
Village, is required.

tc

.

*

check

purchaser.

Fargo, N. Dak.

as

1,000,000 due June 17, 1948, tr
Corn Exchange Bank & Trust
Co., New York, at 0.90%.
? 200,000 due June 17, 1948, to the
1
New
York
Trust- Co.,
Nev,
'I* i»'-. York, at 0.875%.
':
f 7,037,000 due Dec. 17, 1948, t;

.

CHRONICLE

Bonds Authorized—At the gen¬
eral election on Nov. 4 the voters

Columbus

;$2,002,000 due June

*,

FINANCIAL

OHIO

'

Salomon

the

amount of bonds bid
to the

166, p. 2153—were awarded

furnished

certified

A

$11,889,000 (Is¬

follows:

''

be

XXIX) notes offered Nov. 26

sue

;—v.

.

&

r—.

Bond Sale—An issue of
000

Nov.

revenue

14 to

bonds

was

$2,000,sold

on

syndicate headed by
Braun,
Bosworth
&
Co.,
Inc.,
Stranahan, Harris & Co., Inc., of
Toledo, and including Van Lahr,
Doll & Isphording, of
Cincinnati,
Ohio

a

Co.

of

Columbus,

Field,

Richards & Co., McDonald & Co.,
Otis & Co., Hayden, Miller &

Co.,
Fahey, Clark & Co., all of Cleve¬
land, Ryan, Sutherland & Co., of
Toledo, Weil, Roth & Irving Co.,
J. A. White & Co., both of Cincin¬

nati, Sweney, Cartwright & Co.,
of Columbus,
Walter, Woody &
Heimerdinger, Seasongood &
Mayer, Pohl & Co., Charles A.
Hinsch & Co., Westheimer & Co.,
and Fox, Reusch & Co., all of Cin¬

cinnati,

as

follows:

$1,289,000

2%%
electric plant
first mortgage bonds. Due $39,000
Jan. and July 1, 1950, $40,000 Jan.
and July 1, 1951, $41,000 Jan. and
July 1, 1952, $42,000 Jan. and July
1, 1953, $43,000 Jan. and July 1,
1954, $44,000 Jan. and July 1, 1955,
$45,000 Jan, and July 1, 1956,

$1,000 and $500. Due $2,500 May
and Nov. 1, from 1949 to
1952;
$2,000 May and Nov. 1, 1953; $2,500 May and Nov. 1, from 1954 to $46,000 ,Jan. and $47,000 July 1,
1957; $2,000 May and Nov. 1, 1958; 1957, $47,000 Jan. and $48,000 July
$2,500 May and Nov. 1, from 1959 1, 1958, $48,000 Jan. and $49,000
to 1962; $2,000 May and Nov. 1, July
1, 1959, $50,000 Jan..' and
1963; $2,500 May and Nov. 1, from July 1, 1960, $51,000 Jan. and $52,1964 to 1967; $2,000 May and Nov.
000 July 1, 1961, $52,000 Jan. and

56

THE

(2260)

FINANCIAL

&

COMMERCIAL

CHRONICLE

Monday*.Decembeir 1, 194^
1

Waterville, Ohio

$53,000 July 1, 1962, and $54,000
Jan. and July 1, 1963. Bonds ma¬
turing in 1962 and 1963, are sub¬

Bond Sale—The $9,047.65 water

in inverse
numerical order, on July 1, 1953,
or .on any interest payment date
thereafter, at par and accrued inject

redemption,

to

"^teresK-^^

**>

-

plant

electric

2% %

$711,000

19—v. 166, p.

bonds offered Nov.

Due $55,000
Jan. and $56,000 July 1, 1964, $56,000 Jan. and $57,000 July 1, 1965,

first mortgage bonds.

$58,000 Jan. and $59,000 July 1,
1966, $60,000 Jan. and July 1, 1967,

$61,000 Jan. and $62,000 July 1,
1968, and $63,000 Jan. and $64,000
July 1, 1969. Bonds maturing in
1964 to 1967, are subject'to redepmtion, in inverse numerical
order, on July 1, 1953, or on any
interest payment date thereafter,
at par and accrued interest, and
bonds maturing in 1968 and 1969,
are subject to redemption,
in in¬
verse numerical order, on July 1,

Dec.

Dated

Principal

1947.

1,

payable at the
First-Trey National Bank & Trust
Co., Troy. Approved as to legality
by Bricker, Marburger, Evatt &
Barton, of Columbus.

and interest

(J-J)

Bids will be received for the
tire

Savings Bank Co., as

Registered as to prin¬
cipal only. The bonds are issued
subject to the favorable opinion
of Townsend, Elliott & Munson, of
Philadelphia. A certified cheek
for 2% of the face value of the

2V2s): Roose & Go., 100.508; J. A.
White &

Co., 100.431.

Arnett, Okla.
Sale—The

accepted.

Dec. 1 for the

der

the lowest rate of
agreeing to pay par

offering

interest

and

authorized

election held

the

at

of $890,000 3%
building, unlimited tax
bonds. Dated Dec. 1, 1947. Denom.
$1,000. Due $29,000 on June 1, and
$30,000 on Dec. > 1 from 1949 to
1958, and $30,000 on June and Dec.
1, from 1959 to 1963 incl. Bidders
to name the rate or rates of in¬
in

terest
These

of

multiples
the

are

bonds

Co.,
and
Aspden;
Robinson & Co., jointly, for 23/4s,
at a price of 101.20.
RHODE
Rhode

bonds offered

011

school

Nov. 24—v.

166,

purchased by the
Bank, of Portland.
1, 1948. Interest pay¬

2155—were

p.

First National

Jan.

payable

for,

ter,

the

to

Education, is required.
Consolidated

Waterloo

1,

inclusive.

1971

Hood River, Ore.
Offering—W. M. Sylves¬

City

until

8

receive

will

Recorder,

bids

Sch.

Dist.

These

$47,000 build¬
ing unlimited tax bonds offered
on Nov. <6—v. 166, p. 1730r—were
purchased by Assel, Kreimer &
Co., of Cincinnati, as 2Y4S, at fa
price of 100.40, a basis of 2.198%.
Dated Ncv. 1, 1947. Principal and
interest
(M-N) payable
at the
Athens National Bank, National
Banking Association, Athens. Due
serially on Nov. 1, from 1949 to
1963 incl. The next

highest bidder

Ryan, Sutherland &

was

Co., for

p.m.

on

Dec.

NOTICES

ELECTRIC BOAT COMPANY
v

445

OK

PARK

NEW YORK 22, N.
The

Board

declared

"

this

day

twenty-five cents

the Common Stock of the
payable December 12, 1947,

business
Checks

of

Y.

has

on

stockholders

to

Directors

dividend

a

share
Company,

per

of

of

of

record

December

will

be

5,

at

the

close

1947.

mailed

by the Bankers
Trust
Company, 16 Wall Street, New
York 15, N. Y., Transfer Agent.
H. G. SMITH, Treasurer.
November 25,

union

1947.

of Winfree, McCulloch,
Shaler & Sayre, of Portland, will
be furnished
the purchaser.
A
certified
check for $500 is re¬
opinion

quired.
Riddle, Ore.
Sale—The $20,000

bonds

offered

Portland.

of

water

10

were

by the First National

purchased
Bank

Nov.

on

Dated

Jan.

1,

Due $1,000 on Jan. 1,
1972 incl., optional

from
after
Principal and interest
(J-J) payable at the City Treas¬

1948.
1953

to

five years.

urer's

office.

Ore.

Salem,

Bond Offering — Alfred Mundt,
City Recorder, will receive sealed
bids until 7:30 p.m. on. Dec. 8 for
the
purchase of $44,127.77 im¬

Dated Dec. 1,
Due on
Dec.
1, as follows: $4,127.77 in
1948; $4,000 in 1949, and $4,500
from 1950 to 1957 incl. The City
shall have the option to redeem
Denomination $500.

bonds

in

order,
upon
the payment of the face
value thereof, with accrued inter¬
est on any interest paying date
or after 3 years from the date the
bonds

are

issued. Bidders to

name

the rate of interest. No bids for less
than par and accrued interest will

be accepted.

Principal and interest
payable at the City Treasurer's
office. The legal approving opin¬
ion of Winfree, McCulloch, Shuler
& Sayre, of Portland, will be fur¬

share

stock

of

on

this

Offering

District, Pa.

—

Clifford

F.

Frey, District Secretary, will re¬

at

the close of

business December 5, 1947.

MORSE G. DIAL,
Secretary and Treasurer




.

'•

of

Dallas,

2.226%,

at

as

a

fol¬

able

at

the

State

Treasurer's

office.
Brooks

County (P. O.
Falfurrias), Texas

follows:

(J-J)
payable at the office of the Gen¬
eral
Treasurer. Due. serially
on
Jan.
1, from 1949 to 1968 incl.
The
next
highest
bidder
was
White, Weld & Co., Equitable Se¬
curities Corp., First of Michigan
Corp., and Detmar & Co., jointly,
for 2s, at a price of 101.69.

Sale—The $375,000

Bond

Nov.

on

21

bonds

sold

were

as

$350,000 road bonds to
composed > of

a

the

syndicate

Columbian

Securities Corp., of Texas, M.
E. Allison & Co., R. K. Dun¬

bar, and J. L. Wright & Co.,
all

of

San

Antonio, at

interest cost of 2.10%.

Dec.

Bond

1,

as

on

follows: $20,000 in

Waites,
Secy. Board of School Commis¬
sion, will receive sealed bids un¬
til 5:15 p.m. on Dec. 9 for the
purchase of $500,000 not to exceed
4% interest school coupon bonds.
Dated Nov. 1, 1947. Denomination
$1,000. Due on Nov. 1, as follows:
$10,000 in 1948; $30,000 in 1949;
$10,000 in 1950; $5,000 in 1951 and
1952; $7,000 in 1953; $5,000 from
1954 to 1957; $39,000 in 1958; $40,r
000 from 1959 to 1964; $45,000 in
1965 and 1966, and $44,000 in 1967.
of

Rate

interest

in

be

to

1958

and

1959; $26,000 in
1960, and $27,000 in 1961 and

Offering—Edgar

1962.

25,000 airport bonds to the Ransou-Davidson
Texas

Co.,

First

of

Corp., and Roe & Co.,

of San Antonio, jointly, as 2s,
at

price of

a

Dated

Dec.

1947. Principal
(J-D) payable at the

and interest

State Treasurer's office.

The

ap¬

proving opinion of McCall, Park¬
hurst & Crowe, of' Dallas, will be
furnished the purchaser.
Lcs Fresnos

Indep. School District,

Prin¬

cipal and interest (M-N) payable
at Columbia or New York City.

house bonds offered

The

v.

all of

the

bonds.

approving opinion of Colin S.
Monteith, Jr., of Columbia, and
Reed, Hoyt & Washburn, of New
York City, will be furnished the
ourchaser.

2%

of

A

the

166,

$35,000
on

school

Nov. 20—

1939—were purchased b;

p.

Co., at a
3.55%, as fol¬
2%s, maturing $1,-

net interest cost of

lows: $10,000 as

check

for

009

of

bonds

bid

$10 000

on

from

for, payable to the Board, is re¬
quired.

3%s,

Dec.

1

from

1948

to

1957

3V2S, maturing $2,00C
1962, and $15,000 ar
maturing $3,000 from 196?
as

to

19.67, all inclusive. Dated Dec
1, 1947. Interest payable J-D. The
next highest bidder was McRoberts, Graham & Co., for $14,000 ar
314s, and $21,000 as 3%s.

SOUTH DAKOTA

Estelline, S. Dak,
Bond

Sale—The

bonds offered

$28,000

sewer

on

Lufkin

;

refunding bonds was pur¬
by a Syndicate composed
of the First of Texas Corp., Co¬
lumbian Securities Corp.. of Tex¬
R. J. Edwards, Inc., Dittmar ?
Co., all of San Antonio, and Fridley & Hess, of Houston, as 3s, a'
par. Dated Jan. 1, 1948. Due se¬
rially from 1949 to 1970 inclusive.
as,

TENNESSEE

Jonesboro, Tenn.

166,

combination

bonds offered
-p.

tax
on

funding

to

Monahans,

rev¬

Columbian I Securities

1939-r-were purchased by

Jack M. Bass & Co., of Nashville,

the

rate

of

in¬

Nov.

1, from 19 "> to 1959 incl.

Texas,

'■

;

follows:

as

clusive.
•

,

A.

<'7vV '

•'

turing from 1958 to 1967 inclusive,
are optional on any interest date
on or after March 1, 1957, at par
plus a premium of 5%, such pre¬
mium
reducing
%
of 1%
on
March
1, of each year begin¬
ning 1958. Principal and interest
(M-S) payable at the Austin Na¬
tional Bank, Austin. Approved as
to legality by McCall, Parkhurst
& Crowe, of Dallas. These are the
bonds originally offered on Aug.
27.

VIRGINIA
Elizabeth

City County (P. O.
Hampton), Va.

Bond

Clerk

Offering

Board

of

— R,
E. Wilson,
Supervisors, will

receive sealed bids until 7.30 p.m.
on
Dec. 10 for the purchase of

$112,000 not to exceed 6% interest
airport coupon bonds. Dated Jan.
1, 1948. Denomination $1,000. Due
on
Jan. 1, as follows: $5,000 in
1949, $6,000 in 1950, $5,000 in 1951

$6,000 in 1952, $5,000 in 1953, $6,000 in 1954, $5,000 in 1955, $6,000

1956, $5,000 in 1957, $6,000 in
1958, $5,000 in ,1959, $6,000 in
1960, $5,000 in 1961, $6,000 in 1962,
$5,000 in 1963, $6,000 in 1964, $5,000 in 1965, $6,000 in 196$, $5,000
in 1967, and $8,000 in 1968.

Bidders to

the rate of in¬

name

terest in multiples of Y* or 1/10
of 1%.
Principal and interest (J-

il

J) payable at the County Treasur- H
er's Office.

Each bid must be for

all of the bonds and state
rate

of

interest

only.

a

single

The

pur¬

chaser will be furnished with the

approving opinion of Wood, King
& Dawson, of New York City.
A 1
certified check for 2% of the par
amount of the bonds bid for,, pay¬
able

to

the

County Treasurer, is

required.

Hampton,
Bond Offering

Va.

L. D. James,
City Manager, will receive sealed
bids until 2 p.m. on Dec. 2 for
the

—

purchase of $36,000 not to

ceed

interest

4%

bonds.

ex¬

airport coupon

Dated June

follows:

as

30, 1947.

De¬

$6,000

in

and

1953

1954, and $8,000 from 1955 to 1957
inclusive.

(J-D)

Principal

payable

Hanover
York

Bank

City.

at

Bidders

Vs

or

1/10 of

Central

Co., New
to

are

name

multiples of

bond$; and

thin

more

the

1%. No bids for less

than all of the

stating

interest

and

& Trust

the rate of interest in

one

no

bids

rate of in¬

terest will be considered. All bids
be

must

of

unconditional.

.No

bids

in¬

The purchaser will!be,fur-

opinion

Wood, King & Dawson,, of New

York City.

2%

of

A certified check for

the

par

amount!'of; the

bonds bid for, payable .to
Treasurer,

is

City

required.

^

WASHINGTON
Columbia

County, Dayton School
No, 2(Pi Q.

of Dallas,

^Dayton), Wash;

Texas

Bonds Publicly Offered

Nov. 21—v.

and

name

1,

District

-

Bidders

March

on

Dated Sept. 1, 1947. Denomina¬
tion $1,000. All of said bonds ma¬

water

and

I I.

.

nished with the approving

chased

„

Sale—The $40,000

.1

'I

$13,000 from 1950 to 1952 in¬

school

The next highest

100.117.

■

"

$11,000 in 1948 and 1949, and

terest.

-

Bond Sale—An issue of $600,OOf

bidder was
Kalman & Co., for 2V2S, at a price
of

Indep. School District,
Texas

Dec. 1 from 1948 to 1964 inclu¬

sive.

1

for less than par and accrued

Nov. 24—v.

166,
p. 2155—were purchased by. the
Farmers State Bank, of Estelline,
as 2%s, at par; Dated Dec. 1.1947.
Interest payable J-D. Due serially
on

11 ■

1953 to

—

Corp.

Bond Sale—The

The
of

is offering for

p.m. (EST) on
purchase of $600,- and Fisher Hawes & Co., of Knox- investment $333,000 various bonds
improvement ville, jointly, for 3s, at a price of as follows:
coupon "bonds. Dated Dec. 15, 1947.
par. Dated Nov. 1, 1947. Interest $164,009 3Y2% impr0veme nf
Denomination $1,000. Due $40,000
;:
bonds. Due. pn March 1, as
Payable M-N.
Due serially on
on Dec. 15 from 1948 to 1962 incl.

000

Due

Ranson-Davidson

certified

amount

Sale—The

Bond

the

)■■!

I

nomination $1 000. Due on Jan. 30

Texas

for

P

par.

1,

mul¬

a

»»«

61,000 ZVz%\ improvement bonds.

net

a

Due

1949; $21,000 in 1950
1951; $22,000 in 1952 and 1953;
$23,000 in 1954 and 1955; $24,000 in 1956 and 1957; $25,000
in

*

in

1948 and

enue

Corporation has been ceive bids until 8
declared, payable January 2, 1948, to
Dec. 10 for the

stockholders of record

166,

Co.,
*

offered

works

Bethlehem School

the outstanding capital

Nov. 25—v.

Trust

Higginson Corp., all of New
York, as 2s, at a price of 101.70, a
basis
of
1.798%. Dated Jan.
1,

Bond

■

Bond

V

1961; $19,000 in 1962; $20,000
in 1963; $22,000 from 1964 to
1966, and $23,000 in 1967.
108,000 3% improvement bonds.
Due on March 1, as follows:
$14,000 in 1953 and 1954; $15,000 in 1955 and 1956; $16,000
in 1957, and $17,000 in 1958
and 1959.

$146,000 as 2s, maturing on Nov.
1, $28,000 in 1948 and 1949;
$29,000 in 1950; $30,000 in
1951;
$31,000 in
1952,
and
$354,000 as 2V4S, maturing on
Nov. 1, $31,000 in 1953; $32,000 in 1954; $33,000 in 1955;
$34,000 in
1956; $35,000 in
1957; $36,000 in 1958; $37,000
in 1959; $38,000 in 1960, and
$39,000 in 1961 and 1962. Prin¬
cipal and interest (M-N) pay¬

numerical

PENNSYLVANIA

per

on

Union

net interest cost of

lows:

Lee

same

corporation

irraa',

Valley

2155 — were purchased by a
syndicate composed of Glore, For& Co., Union Securities Corp.,
Estabrook & Co., Coffin & Burr,
Salomon Bros. & Hutzler, and the

bonds, payable to the City, is
required.

A cash dividend of 'One dollar ($1.00)

166,

v.

—

'I

1

TEXAS

gan

the

and/carbon

re¬

County, County Indep.
School District (P. O.
Falfurrias), Texas
Bond Saler—The $500,000 school

tiple of V& of 1% and must be the

nished the purchaser. A certified
check for 2% of the par value of

carbide

rejected

were

bids

All

—

purchase of the
bonds offered on

Brooks

Richland County School District
No. 1 (P. O. Columbia), S. C.

the

AVENUE

$1,000,000
sewer district

cipal and interest (J-J) payable at
the fiscal agency of the State in
New York City.
The approving

1947.

DIVIDEND

24,
1627.

p.

SOUTH CAROLINA

provement bonds.

2V2s.

the

$800,000 school
Nov.

the bonds authorized at

are

Bond

Bond Sale—The

(State of)
The

—

the election held on Oct. 7. Prin¬

(Pi O. New Marshfield),
Ohio

for

1947. Principal and interest

Due serially on Jan.

1950 to

Bond

opinion of Peck, Shaffer & Wil¬
liams, of Cincinnati, will be fur¬
nished the purchaser. No condi¬
tional bids will be received. A
certified
check for
1%
of the
bid

Sale

p.

able J-J.

terest will be considered. The ap-

ISLAND

Island

bonds offered

Ore.
$22,000

Glendale,
Sale—The

Bond

sealed

bonds

&

Bond

general election on Nov. 4.
15 for the purchase of $15,000 not
Principal and interest (J-D) pay¬
to
exceed
5%
interest
sewer
able at the First Troy National
bonds.
Dated Jan. 1, 1948.
Due
Bank & Trust Co., Troy. No bids
for less than par and accrued in¬ $5,000 on Jan. 1, from 1949 to 1951.

Board of

1, from 1948 to 1977 incl.
highest
bidder
was

Dolphin

general

OREGON

from

14 of 1%.
authorized

Due serially

next

of the amount

fied check for 2%

Dated

at the

>

Dec.

on

The

A certi¬

Nov. 4.

on

Interest payable J-D.

These bonds

and accrued interest.
were

basis of 2.57%. Dated Dec. 1, 1947.

Blackstone

11 for the purchase

ceived

■

$12,000

bids until 7 p.m. on

receive sealed bids until noon on
Dec.

Rejected

sani¬ Upper St. Clair Township School house bonds offered 011 Nov. 21
were
tary sewer bonds offered on Nov.
District
purchased by a syndicate
(P. O.
R. D. 2,
25 were purchased by the Farmers
composed of Dewar, Robertson &
Bridgeville), Pa.
and Merchants Bank, of Arnett, as
of
San
Ant o nio,
Bond Sale—The $340,000 school Pancoari,
3s, at a price of par. Due $1,000 bonds offered on Nov. 18—v.
166; Rauscher, Pierce & Co., Crummer
from 1950 to 1961 inclusive.
& Co.,
Inc. of Texas, both of
p. 1938—were^ purchased by HalDallas, Emerson, Roche & Dunn,,
Ne w \ Cordelf* Phi***
sey, Stuart &r ,Co., and Glover &
of Austin, McClung & Knicker- ;
Bond Offering—Winnie Askew, MacGregor, of Pittsburgh, jointly,
bocker, of Houston, and the Dallas
City Clerk, will receive sealed for 2%s, at a price of 100.659, a
Bond

M. Burrell,
Education, will

of

Board

ville), Tenn.
Bids

District

bonds, payable to the
Treasurer, is required.

OKLAHOMA

Offering—M.

Bond

bid

iv2s, at a price of par. Dated Aug.
1, 1947 and due on Sept. 1 from
1949 to 1958 incl. Other bids (for

no

County (P. O. Blount-

en¬

rate of in¬
combining two

one

any

different rates of interest will be

State

Troy City School District, Ohio
Clerk

at

but

ville

bid, is required.

-

issue

Sullivan

1 %.

Ys of

terest

The bonds will be sold to the bid¬

interest.,

multiples of

2043—were awarded to the Water¬

purchase of $165,000 water works
extension bonds. Due $10,000 from
1950, or on any interest payment
-1950 to 1964, and $15,000 in 1965.
date thereafter, at par and ac¬
crued

in

terest

,

$220,000 school

bonds offered xm. Nov.
p.

166,

2044r-were purchased by Fos-'

ter &

Marshall, of Spokane, at.

a

net interest cost of 2.089%. Dated

Nov. 1, 1947. Principal and inter¬
est payable at

/is'follows: $18,000. ia; 1960/and; urer's office.

the-^County Treas¬
.