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ttc 1
3
1941
«U&.
MONDAY
b
Reg. U
•'Volume
New
Number 4759
168
8. Pat. Office
Price 75 Cents
York, N. Y., Monday, December 13, 1948
General Corporation and Investment
RAILROAD
Abbott
tNet
No.
1947
1946
$8,646,200
$8,494,554
$8,295,980
1,869,907
.—
1,869,907
1,869,907
shares—
Earnings
common
per
dividend
•After
tAfter charges,
$2.82
of
preferred
1948, the net profit was $5,264,150
Earnings Higher—
Sept. "26—
Ended
Months
after
income
Earnings
—V.
;
1947
1948
$20,970,000 $18,276,000
Sales
790,840
$1.12
961,485
$1.37
taxes
share"—
common
per
and
charges
'
168, p. 2109.
120,000 kilowatts, the first 60,000 kilowatt unit of which is scheduled
completion in March, 1949 and the second unit in July,
1949;
for
against $5,712,464, or $3.05 a share in the first half
168, p. 145.
'
.
'
' v
1947—V.
9
"*$4.39
,
outstanding,
then
stock
share,
a
has made and contemplates making expendi¬
approximately $57,000,000 during 1948, 1949 and 1950 for the
or
acquisition of property additions, estimated approxi¬
mately as follows: $12,500,000 for the completion of a new steamelectric generating station near Oadsden with an initial installation of
two units having an aggregate rated installed generator capacity of
construction
Federal taxes and contingency reserves.
ABC Vending Corp.—Sales atfd
Net
$4.54
$4.62
:
on
the Six months ended June 30,
For
or
share
requirements
*6
rated
a
completion in September, 1949; $9,500,000
100,000 kilqwatt steam-electric generating
unit in the company's Gorgas plant to be
completed in July, 1951;
$3,250,000 toward the construction of a third 40,000 kilowatt steamelectric generating unit in the company's Chickasaw plant, to be com¬
pleted in June, 1951; $4,500,000 for transmission line and substation
additions; $17,250,000 for distribution system additions, principally to
strengthen existing facilities and to serve new business; $6,000,000 for
the construction of additions to rural lines; and $2,800,000 for miscel¬
income
•Net
v—
$169,590
$120,683
421,689
$0.40
———
421,599
$0.29
•After
$433,025
420,799
taxes.—V.
and Federal
charges
Adams Express Co.—To
f
directors, on
The
Dec.
dividend
a
payable' Dec. 24 to stockholders of record Dec.
of
cents
85
14, 1948.
This declara¬
together with the dividend of 25 cents per share paid in June,
1948, represents the distribution of all of the estimated taxable net "
income of the company for the year 1948.
A total of 85 cents was
paid in the year 1947.
conditions change ma¬
terially between now and March 15, 1949 when the company files its
income
tax
retuvn for
the year ending Dec. 31,
1948)
to elect to
be taxed
as
a
"regulated investment company," which election will
thereupon become applicable to 1948 and succeeding years.—V. 168,.
It
is
intention
the
the
of
1897.
p.
Admiral Corp.—To
,v
of
extra
Dec.
heve
directors
The
an
?
(unless
company
to
31
25
declared
cents
dividend
a
cash
in
of
15
11 1/9%
and
record
Dec.
In
18.
cents
CAPITALIZATION
f
of
■
:■
three
pre¬
quarters, a distribution of 15 cents per share in cash was
Payments in 1947 totaled 37 Va cents per share.—V. 168, p. 1685.
ceding
Affiliated Fund, Inc.—To Increase Authorized Stock—
stockholders
The
•-
capital
stock
each.
-■*
from
of
Nov.
As
on
Jan.
13
will
consider increasing
the authorized
"
of
4.20%
Common
stockholders
will
also
vote
reducing
on
10,000.000
J
1, 1978——:
'
(, 12,000,000
6,080,000
(par
cum.
preferred
(no
—,
—_
4,000,000 shs.
par
the
capital
the
of
rural
Co.
300,000 shs.
3,855,000 shs.
•Not limited except as set forth in the mortgage securing such bonds.
tl%%, due in equal semi-annual instalments of $380,000 to April 17,
incorporation
,
towns, incorporated and unincorporated, as well as
and the sale at wholesale of electric energy to two
and
areas,
which
utility companies,
Birmingham
serves
one
and
of which is Birmingham Electric
adjoining communities, to 10 mu¬
nicipalities and to 12 rural cooperative associations; and, incident to its
Company is also engaged in
aJl the output of which
generating plants.
■
"
The company owns all of the outstanding capital stock of Alabama
Property Go., which owns land in Alabama not used in utility opera¬
electric
the sale of appliances.
business,
operation of
the
coal mine at Gorgas, Ala.,
a
is used in its steam-electric
*'„•'
tions.
-..
•
Control—The
company
^is
■
.
.
.
subsidiary of Southern Co., which owns
a
shares of issued and outstanding common stock.
All of
and outstanding common stock of The Southern Co. is in
the
3,855,000
issued
owned
turn
& Southern Corp. (Del.).
Common¬
to dispose of any remaining interest
possible after the retirement by Com¬
its outstanding preferred stock.
Commonwealth
by
wealth
has
in The
Southern Co. as
agreed with the SEC
of
Purchasers—The
Inc.
—
Adams
principal underwriter and the respec¬
Bradford
C.
Ira
Co.
&
&,Co
Co.
Hilsman
Inc.
&
Co,„
Amort,
Lom-
150,000
,
<
200,000
Inc.
& Company—
250,000
Watkins, Morrow & Co.
& Cummins,
100,000
Co..
150,000
150,000
Wyatt, Neai & Waggoner
100,000
F.
200,000
•——*
Inc,
Harold
1,250,000
E.
——
Wood &
Yantis
S.
INCOME
&
1948—12 Mos.—1947
$3,432,853 $43,855,719 $37,892,383
22,551,545
16,522,704
2,046,611
3,943,100
3,623,42J
301,550
2,451,493
334,000
depreciation
Co., Inc.
ACCOUNT
1948—Month—1947
$3,924,866
expenses
for
Prov,
Co.—
&
Thomas
150,000
300,000
revenue
Operating
&
Smith
100,000
COMPARATIVE
Gross
Stokes
bardo,
Wheelock
Milhous, Martin & Co.Mullaney, Wells & Co._
of
plant acqui¬
adjustments
General
taxes
Federal
Gross
493,243
585,193
3,244,588
4,106,398
$593,646
$9,479,887
$9,810,080
269,043
249,388
3,234,245
2,928,864
5,095
Cr5,322
5,004
61,229
60,052
11,131
74,956
22,327
$328,548
105,000
$328,123
$6,109,457
$6,798,837
105,000
1,260,000
1,260,000
$223,548
debt
$223,123
$4,849,457
$5,538,837
debt
discts.,
and expense
prem.
585,193
j 3,654,956
(3,641,038
J
'$597,364
long-term
on
Other
taxes
income
on
Amort,
—
48,766
442,279
48,766
)
income
Int.
Walter
Co.,
—_-
&
Brothers
Stubbs,
1C0,000
400,000
250,000
H.
Otis
Stern
150,000
&
Broome
Haupt
Hill
Kendall,
$7,050,000
250,000
& Co.—
200,000
—
Cassell & Co., Inc.
C. F.
Copeland
&
Inc. ——— $100,000
& Co—
400,000
Patterson,
,
...
Peck—
&
Stockton
J.
as
of each
name
Halsey, Stuart & Co.
J.
soon
principal amounts of the new bonds underwritten are as follows:
tive
cor¬
deductions
Net
In This Issue
-
-
-
--
Dec, 6 filed\a registration statement with the SEC
shares of $3 cumulative preferred stock (par $50)
stock (par $1).
Reynolds & Co., New
York, is underwriter.
The proceeds will be used to purchase all of
the
assets
of
three
subsidiaries
of
Dresser
Industries, Inc., ciz.:.
Bryant Heater Co., Cleveland; Day & Night Manufacturing1 Co., Monrovia, Calif.,
and Payne Furnace Co., Beverly Hills,
Calif.
The
Affiliated Gas will obtain
an additional $4,000,000
through the private
46,000
1,000,000 shares common
sale
of
notes to insurance companies.
15-year 3%%
'■
Quotations
.
New York
New York
Baltimore
Stock
Exchange
Curb
Exchange
(Bonds)—
Stock Exchange
Boston
Cleveland
Stock
dicate headed by
syn¬
Halsey, Stuart & Co. Inc. on Dec. 9 of¬
$12,000,000 first mortgage bonds, 3%% series due
1978 at 102.75 and interest.
fered
issue
The
was
awarded
Dec.
7
on
a
bid
of
102.109991.
'
Other
bids
3%%, were: Morgan Stanley & Co., 102.08;
Harriman Ripley & Co., Inc., 102.025; Blyth <fc Co., Inc., 102.01; Shields
& Co. and Salomon Bros.* & Hutzler (jointly), 101.844; Drexel & Co.,
for this issue,
all naming
a
101.84; The First Boston Corp.,
.
Dated
Dec.
and
Dec.
will
be
time
1
at
1,
1948;
due
101.81; Lehman Brothers, 100.681.
Dec.
1,
1978.
Interest
payable
on
June 1
agency of the company in New York.
Bonds
at option of company in whole or in part at any
office or
redeemable
prior to maturity on
at least 30 days' published notice at regular
redemption premiums, the initial regular redemption price being 106.75% ;
bonds will also be redeemable upon like notice by the operation of the
Los
Angeles
Exchange—
Stock
Exchange
Philadelphia Stock Exchange—
Pittsburgh Stock Exchange—St. Louis Stock
—
Exchange
San Francisco Stock Exchange—
Stock
Montreal
Exchange
Montreal Curb Exchange.:
Toronto
Stock Exchange
Toronto Stock Exchange—Curb
Section
39
39
39
39
40
40
40
41
42
—.42
43
__45
102.75%; plus interest in
initial special redemption price being
each case.
Oct. 1,'48
Oct. 3,'47
Oct. 1,'48
Oct. 3,'47
$19,991,115 $19,473,733 $56,948,424 $55,226,547
J
sales
•Net
profit
Earnings per com. shr._
•After charges
'•
348,980
355,181
$0.87
...
shares outstdg
Com.
40 Weeks Ended—
—14 Weeks Ended—
,
Period—
Net
805,452
355,181
$0.74
and Federal taxes.—V.
518,415
355,181
$1.11
652,623
355,181
$1.49
168, p. 2317,
Alleghany Corp.—Earnings—
,
,
•
,
(Including Its Wholly-Owned Subsidiary, Terminal Shares, Inc.)
9 Months Ended Sept.
Interest
income
1,890,428
of
Administrative
Provision
Refund
and
expenses,
taxes
overassessment
on
for
$1,539,373
352,782
20,163
235,351
460,000
53,000
etc.——
income
1942
shares
8,710
29,175
$3,031,232
year
$907,253
4,567,797
4,567,797
Nil
(Cr).^
income
Common
268,479
20,163
346,163
expense
general
Federal
for
of
debt
1*947
$1,270,894
"
313,353
...
Amortization
'
1948
$2,271,773
$$4,162,201
:
Interest
•Net
4
*
J
—I—-
——;
Total
30— *
—I.
Dividends
outstanding
46
§Earnings
Transactions New York Stock Exchange
28
Transactions New York Curb Exchange
28
Stock and Bond Averages
37
•Before net loss on sale of securities of $6,209,669 in 1948 and $903,772 in 1947.
The 1948 net loss was made up of a loss on sale of Mis¬
souri
Pacific
Railroad
Co.
20-year
514%
convertible
gold
bonds,
Over-the-Counter
Markets
improvement fund or the maintenance and replacement provisions of
the mortgage or by the use of proceeds of released property at
the
special redemption premiums, the
2221.
p.
38
Chicago Stock Exchange
Cincinnati Stock .Exchange.
,
banking
17
29
—33
38
38
(Stocks)
Exchange
Stock
168,
Aldens, Inc. (& Subs.)—Earnings—
Page
'
Stock Exchange
Detroit Stock Exchange
Alabama Power Co.—Bonds Offered—A
preferred stock
on
-V.
New York
;
The company en
covering
and
Divs.
income
Balance
Stock and Bond
'
t
571
in
nonaffiliated
sition
1956.
Cleveland, O.—Regis¬
Affiliated Gas Equipment, Inc.,
,
cities
in
1,200,000 shs,
$100)
had
predecessor Alabama Power Co. had
in 1906. s
The
since
Period End, Oct. 31—
{$80,000,000
►
corporation's capital stock of the par value of $1.25 per share
the
ters With SEC—'
f
existence
Outstanding
to "banks..
stock,
stock
FINANCING
Co.
Power
Company is engaged, within the State of Alabama, in the generation
and purchase of electric energy and its distribution and sale at retail
,
series due Dec.
Preferred
PRESENT
20,000,000 shares to 50,000,000 shares, par $1.25
29, 1948, 15,041,056 shares of capital stock were
previously repurchased by "the corporation.—V.i>; 168, p. 2317.
t
,
Authorized*
7
*
_]
' *
1
3%%
tNotes payable
poration (as Of Oct, 31, 1948) from $19,322,358.75 to $18,587,151.25,
thus effecting an aggregate reduction as of said date of $735,207.50,
and that such reduction be brought about by retiring 588,166 shares
t
Houston
continuous
a
outstanding.
The
"
and
program,
,
series due Jan. 1, 1972
series due OcL 1, 1977—
'
made.
r
„
3V*%
all
the
construction
EFFECT TO
GIVING
f, '
J
First mortgage bonds—
■
3Vj!%
share, plus
payable
per
stock,
in
each
above
,
Pay Extra in Cash and Stock—
stockholders of
finance-the
to
the company
will use, to the extent available, its cash on hand in excess of working
capital (including the proceeds of the new bonds and $8,000,000 re¬
ceived during 1948 from the sale of 80,000 shares of common stock)
and cash received from operations in excess of requirements for interest
and dividends.
Such amounts will not. in the opinion of the manage¬
ment, be adequate to finance all of the construction requirements of
the company during the next few years. Officials of the company esti¬
mate that, based upon the present level of earnings and. current expec¬
tations of the probable progress of the construction program, approxi¬
mately $2,000,000 additional cash will have to be provided before the
end of 1949 and approximately $10,000,000 more before the end of 1950.
To the extent necessary, it is proposed to issue additional securities of
a
type not yet determined.
share,
per
order
In
tion,
;
COMPANY—Company was organized in Alabama Nov. 10, 1927, by
of a predecessor Alabama Power Co., Gulf Electric Co.
consolidation
monwealth
same.
$1.03
245.
p.
bonds will be used by the
to finance improvements, extensions, and additions to its
plant or for the discharge of its obligations incurred for the
utility
Pay 85-Cent Dividend—
declared
7
168,
new
company
1946
^capital shares—
Earnings-jjer share_—1.L—___
1
the sale of the
News
MISCELLANEOUS
-
the
additions.
The net proceeds from
1947
Number of
■
installed
Mitchell Dam, scheduled for
toward the construction of a
/
1948
Mos. Ended June 30—
construction of the fourth hydro-electric unit with
generator capacity of 25,000 kilovolt amperes at
$1,200,000 for the
laneous
Adam Hat Stores, Inc.—Earnings—
f
INSURANCE
-
of
tures
1948
profit
com.
INDUSTRIAL
-
PURPOSE—Company
Laboratories—Earnings—
9 Mcs. End. Sept. 30—
-
PUBLIC UTILITY
-
Copy
a
series
of
A,
other
tDoes
of
Miscellaneous Features
per
$0.22
share
due 1949, amounting to $8,955,812, and
securities, amounting to $2,746,144.
not
railroad
1
common
'•
a
net profit on sale
include
$2,084,679 received in 1948 as interest on bonds
companies in reorganization, applicable to periods prior
v..
••
.
General Corporation & Investment News-Cover
Specializing in
State and
City Bond Offerings
—
The Course of Bank Clearings
Utah Power £r
Light
58
.47
St. Louis Listed and Unlisted Securities
Redemption Calls and Sinking Fund Notices..49
Dividends Declared and Payable._:
Foreign
Exchange
Rates
50
49
Edward D.Jones a Co.
Established 1871
Combined Condition Statement of Federal
EDWARD L. BURTON & COMPANY
Established
160 S. Main Street
Reserve
—_________50
Banks
Condition Statement of Member Banks of
1899
Salt Lake City 1
'
System
Teletype SU 464
OLDEST INVESTMENT HOUSE IN UTAH
'TW'
Missouri
Members
50
Federal Reserve System
)
Bell
300 North 4th SU St. Louis 2,
York Stock Exchange
St. Loots Stock Exchange
Chicago Stock Exeh. .1 Chicago Bd. of Trade
New
?
Phone
CEntral 7600
A
Ben
'
Teletype
slaw
c
2
THE
(2426)
dates
to
of
received
Payments
the
of
on
preferred
Allen Industries,
"
168,
Capital shares
Earnings
The
.
279,600
995.264
559,200
$1.78
$1.18
$0.72
and Federal income taxes.—V, 167,
Dec,
on
at
closed
3
South
910
employees and no such
the
the
sale
building,
Mr.
Gould, on
she
12-story structure.—V,
long-term basis,
a
American Cable
Bertram
who
is
B.
negotiations
fcr
also
Comptroller
ating subsidiaries,
Cable Co.
and
been
Sales
sale
the
Co.—Earnings—
Period End. Sept. 30
of
for rent in
Airlines
shares
♦After
its_
Income
taxes
Net
—V.
:
has
1
all
outstdg—
in
June,
taxable
in
income
net
totaled
1947
is
the
the
This
class
is
the
55
559,197
' 559,197
559,197
elected
to
$0.81
$0.97
$0.80
$0.93
,
taxes.—V,' 168,
Federal
th
1477.
p.
oper¬
tion
will
thereupon
—V.
168.
p.
Tower,
main
1
taxed
dividend
a
corporation
of
46
cents
for
the
corporation
March
for' the
and
return
as
1948—9 Mos.—1947
SEC.
2,234,071
2,493,563
90,676
399,003
$1,247,259
.$3,558,700
1949
when
the
1948
to
and
1,298,475
Investment Co.
$2.74
V.
Dec.
on
B
declared
8
dividend
a
of
15
cents
exchenec
168,
offer
of
of
Finance
setting
Geo.
succeeding
Stuart
exchange
had
been
details
the
the
offer
will
expire
Jan.
10,
G.
by
&
Co.
' '
'
•
France-Foamite
been
>
before
s
Net
taxes—)
—j
taxes
'
profit '
$91,027
228,473
222,465
$0.97
$0.41
Capital shares outstdg...
payable Dec. 23 to holders of record Dee.* 16.
paid on Aug. 5, last yehr.
On Dec, 27, 1946, the
cents on this issue.—V. 168, p. 2221.
Earnings
'
per
—V.
as
p.
167,
share
2681.
" '
"
"
$717,113
'
and
228,473
v
S.
y -
v
&
500.000
100,000
500,000
Bia'.r
&
Co.,
William
J.
'
C.
■&
This
Co.
has received
company
have
J
-
American Light & Traction Co.
Encaustic Tile Co., Inc.—Plan Approved—
word
that
stockholders
approved the plan for consolidating
of' Franklin
2,000,000
12 Months Ended
-•
,
Gas
American Encaustic stockholders and directors
approved the exchange
capital stock at a meeting held in New York on Nov. 30 (for
of
Co.
150i000
100,000
168,
''
2002).
p.
,V ' *
f
'
,
..
.
.
As
part
of
voted
to
record
on
date
dividends
The
this
for
of
Dec.
plan
special
a
dividend
of
Tile
10,
exchange
Co.
will
all
for
valuation
shown
cf
acquire 299,110 shares of
interest in American•
„
will
June
•
-
program
The
the
$2,556,000.
was
*-••>»
-
Divs.
J
•
-
COMPARATIVE
INCOME
»•
ACCOUNT
sales
v
'<
.
•Profit
1947
'
* •
*
$533,796
Earnings
'
outstanding..,....";...
The
directors
common
with 40
compares
and
7
declared
40 cents
cents
June
on
paid
a
to
24
June
on
'*• Total
*
,
25, 1947.
Net
35,465
.$73,530'
dividend
holders
9 Months Ended
Dividends
Interest
•"
Gross
333,879
$0.16
of
$1.80
record
share
per
Pec.
17.
Dec.
•Surplus
Commt
for
L
•Earnings
24
|
per
saies
securiue;
$482,889
VieW of
company,
,the comPa"y's election
no
provision has been
BALANCE SHEET,
SEPT.
sold^^$4^r!ia' $}74'1661i
at cost
to be taxed
made
30,
for
accqunts receivable
? interest purchased,
(quoted market
>
on
TS, payable
$355,500;
674*P„« H"' t9-'96-.5,4°i undistributed
option
Three Months Ended
Sept, 30—
general & admin.
Operating
expTeTcT
Reserved for future
inventory price
Net
>
'
.
securities
warrants
Common shares
Earnings
per
•Loss.—V.
outstanding..
common
168,
p.
share
«I
income
income
1047
$1,206,107
$275,459
"
585.450
$0.39
246.
at
j)'*4-
r «
$1,112,284
'■
$1.25
•
.
Dec.
1,
at
100, in
The
to
«
«
to
securities
Nil
t
9
»
its
case
and
to
30,1953
in
order
demands
"*\r
and
obtain
for
tv* frf-
plant;
and
its 'subsidiaries
large
to
amounts
build
service
the
and
♦' f t •»""■}
for
i
of
have
been
capital
aHri'tional
to
t 1'
new
Inc.
Straus
Stubbs,
100,000
H.
further
.
improve
Hill
Hilsman
-Inc.-
&
&
H.
Co._
r^uir.0^
the
*
must
sale
*9
of
meet
1
'
'
.
100,000
500,000
_
&
&
Co.—
..—
150,000
Thomas
business
in
between
and
of
radio! circuits
for
of
Co
Dulles
and
Wood
Yantis
S.
&
lines
&
&
&
'
Co.
100,000
Co..._
200,000
Co., Inc.
500,000
Co
200,000
telephone
its
services,
subsidiaries.
telephone
mainly
and
related
between
The
subsidia^es
telephone
is
service.
equipment
through the territories of
telephone companies, and
other
interconnection
'/
200,000
Wurts,
and
6,500,000
-
E.
toll
200,000
Cummins,
Harold
company
network
a
&
&
200,000
.
Inc..
principal
20
250,000
150,000
Wheelock
communication
subsidiaries-
and
has
the
of
furnishing
Company operates
600,0D0
&
'
Yarnall
of
1;000,000
:*
and Co..
Dabney
Wertheim
750,000
250,000
1
—
Corp.__
Company.._
C. Wainwrlght & Co.
Watkins. Morrow & Co.
.
BUSINESS—Company
500,000
200,000
,
H.
100,000
Meeds.
W.
F.
that
—
Tyson
6,500,000
&
100,000
Lom-
—
&
Townsend,
250,000
1,250,000
Nongard
300,000
Co.—__
&
American
E.
Thalmann
Bissell
&
Inc.
200,000
Co.___
150,000
400,000
Co—
Blosser
150,000
Co.
Laird,
&
Smith
100,000
Co.
Kean, Taylor & Co
Ketcham
&
Thomas
Co.___!.__
Ladenburg,
~_—
Stokes Co^
Stokes
.
Strauss
S.
Swiss
&
Jbnes &
&
Lowber
Sutro & Co
100,000
Johnson
for
tele¬
its
operates
telephone
the
systefns
United States' and those in
many other countries or territories
throughout the world and for ship-to-shore telephone service.
*
j
The
company's
within
their
within
and
telephone
subsidiaries
respective*- territories
points
outside
of
furnished partly in conjunction
phone
has
Telephone
service
service
been
to. automobiles,
inaugurated.
■
,
with
is
furnish
and
such
the
company'
furnished
buses,
.
local
and
toll" service
territories,
to
and
toll
service
between
points
service
trains,
being
other telephone
ships,, and
trucks,
,
toll
mobile
and
tele¬
airplanes
,
^
Communication
sidiaries
service.
&
Co.—:
&
bardo,
Co.,
Kaiser
&
J.
;
companies.
and
&
150,000
'.
r
200,000
B.
J
'
500,000
300,000
800,000
wire
the
Scrib- ^
&
100,000
Stix
intercommunication
through
200,000
Deane
Walter
phone
obtaining
3,000,000
:
1,000,000
Edw.
,
corporate
Co./.
Co...
150,000
1968, and
general
&
Co...__
750,000
thereafter
.
,
100,000
.1
Co
Brothers
100,000
Co.
30,
..
150,000
Paul
Inc
Starkweather
.1
&
and
including Nov.
plus interest.
telephone
own
'
'
company
continue
565,450
-fr
100.29
150,000
Co.—__
-
....
principal
$150,663,000
*$129,197
;J *14.
to
each
Mayer...
&
Stern, Frank & MeyerSterne, Agee & Leach—
Stifel, Nicolaus & Co.
-
_l
Haupt & Co..
R,
the
provements
'
-Inc.'
Robert C.
Redeemable, at option of
date, upon at least 30 days'
750,0Q0
Mason,
-i__.
Stern
Co./'
Indianapolis 3ond
Share Corp.
Jenks, Kirkland &
-
Co.____
Smith, Moore & Co._
150,000
&
3.000,090
■
•
.
1973.
PURPOSE—Company intends to use the proceeds from the sale of
debentures
(which, after deducting expenses, will approximate
exclusive of accrued interest]) for advances to subsidiary
and
associated
companies;
for
the
purchase of stock offered for
subscription by such companies;, for extensions, additions and im¬
\
able
'
down
scaling
Sulzberger
&
-ner
100,000
Haydon
100,000
&
250,000
&
Singer,
300,000
3,500,000
Co.____l_
&
Minton
Heller, Bruce & Co.—
Herrick, Waddell &
■*
ReCd, Inc". __i.
.*_I:
539,990
$2.06
-
$0.35
due
1948;
1,
Inc.
Co._.i__'l
&
&
Co.
Harrison
$675,719
539,990
539,990
in whole or in part, on any
at 104.61%* to and including Nov.
prices
public
y
&
Harley,
bid of 100.669 for 3%s.
a
Haas
Hutton
Inc.
Bogan
Co.,
Inc.
-
300,000
Co
&
l_——„
—
Kenneth
outstanding..-..
share..!___
Dec.
thereafter
Not
C.
Hallowell,
1685.—
p.
&
Schmertz
—
Shields
Inc.... 2,500,000
Oo.__—____•
200,000
——12.000,000
Horner &
Sills,
Son,
Hallgarten
/i
$187,990-
—
per
168,
notjee,
1946
196,745
$0.25
taxes____.
&
Grubbs, Scott & Co.
:
1946
•
&
looiooo
...
Grimm
168,
year.—V.
''
1947
1948
~ taxes__^_
shares
mitted
—472327
117,069
458,320
585,450
last
$22,546,851 $20,624,153 JJL4,243,154
302,990
1,794,284
1,105,719
115,000
682,000
430,000
company,
rSa
4'207'236
$191,008
of
■
—-—
purposes.
profit
week
$150,000,000
The deben¬
tures were priced at 101.61 and interest to
yield about
3.28% to maturity. The issue, it was announced Dec. 7,
has been oversubscribed.
The offering represents the
largest individual corporate public financing operation
this year and is one of the largest corporate bond issues
ever sold at competitive
bidding. The issue was awarded
Dec. 7 on a bid of 100.71.
Morgan Stanley & Co. sub¬
declines
Reserved for income taxes
corresponding
•'
-- -
•
Co.
Gregory
100,000
&
___
Seasongood
300,000
-
&
5,000,000
Sheridan
Co._l_r_L—1!
300,000
1 000,000
Co,
Bros.
Shaughnessy
Graham, Parsons & Co. .2,000,000
Granbery,. Mgrache &
the System inputs of subsidiaries
to 246,423,000 kwh., an increase of 16,829,000
the
&
C.
Inc.
MacGregor,
250,000
Inc..
Company-
Schwabacher
...
Graefe
[ ;
!
Dec.' 2, 1948,
&
1,500,000
_/
Co
Rothschild
&
Scott,
400,000
services
also' include
of
'
300,000
__—
-Pomeroy,
350,000
& Co.
Marshall
Inc.
2318.
p.
100,000-
&
150,000
Glover
fcr
Co.
Schoellkopf,
750,000
&
&
)
;.
.
.
Robinson-Hum¬
Inc.
Foster
which offered to the public Dec. 7
25-year 3%% debentures due Dec.'l, 1973.
Co.—Earnings-
'ril'xti
168,
Evans
Co.,
Co.—
Rippel,
..Hutzler
1
300,000
&
v—
&
A.
F.
R.
4,000,000
A.
750,000
300,000
Pierce
Salomon
.
Co.—_
'
J
300,000
t—
...
'
phrey
100.000
Field, Richards & Co...
,
appointed registrar
preferred stock, $100 par value.—V.
over
profit
Dated
$308,077
York, has been
The
200,000
&
Inc.
Inc..*
Rippel
Russ
&
.
group
Avail¬
profit
New
S.
L.
Drew
Co., Inc.
Farwell, Chapman
•
American Telephone & Telegraph Co.—Debentures Of¬
fered—The First Boston Corp. and Halsey, Stuart & Co.
Inc. jointly headed a nationwide investment banking
and
'
'
investment income
194a
'
J.
4,000,000
_
1 ' V\
Shep-
Co._.
/„
Julius
200,000
H.
Co.,
&
Reynolds
300,000
500,000
J.
$0.71
1948
"otailTs fsuo^lTieVpCaP"al ea'n dlVlde"dSL56'-
American Hide & Leather
$4,807,951
-
Inc.
1,500,000
Este
355,500
for securities purchased, $10,626;
common stock- (issqed
S outstandh??n'-?^e*;noU y
195°l $1'000'000;
outstanding, 35o,500 no-par
shares),
$1,729,881
Co
Corp.
804,486
-
Merle-Smith—_
&
500,000
'
.
1,000,000
Hawley,
Rauscher,
350.000
—
"200,000
.
4
Co.,
Rand & Co.__„
100,000
Co..
Ira
V.
$742; investment securities
value, $8,405,872), $6,001,529;
total, $6,181,103.
ana
Selling,
-
^Capital
a'"regulated
Federal income
■
804,486
Co., Ltd.—Registrar Appointed—
Co.,
ended
7.33%
before
Net
$110,872
In
250,000
Bodine___^-
&
...
Co.
du Pont & Co.
$5,612,437
f
as
1948
Trust
sales
Profit
142,200
$0.59
oi
$2,534,367
—
r
week
Earnings
share.
_
9 Months Ended Sept. 30—
Net
$314,963
'
*.
&
250,000
Co.—
Pollock
Putnam
R. J. Edwards, Inc.—
Elworthy & Co...
Equitable Securities
$4,808,184
American Stove Co.—Earnings—
,
50,472
142,200
$241,180 in 1947.
investment
30,417
50,777
Coi.
E.
Raffensperger, Hughes
150,000
Co.—
150,000
300,000
ard
150,000
&
&
California
500,000
Prescott,
&
Co;„i
of
Inc.
Co.200,000
&
Francis- I.
•
730,778
6,000,000
Co-
Wm.
Townsend,
&
fc
&
Charles
$5,538,962
$2,115,065
...
stock (2,767,580 shs.)
com.
cumulative
or
Federal
...
$2,786,320
671,255
„
&
&
Dittmar
rs—
G.
$395,853
27,361
$69,335
355,500
_
income
•
the
2318.
p.
|
61,891
common
Dick
52,193
;
.
Haven
Detmer
1,624,398
American Power & Light Co.—Weekly Input—
:kwh„
5,93i
$289,674
....
';■■>
..
.
1
of this company amounted
.
...
'
income
net
Bankers
For
5
{
"
&
Skaggs
Denipsey
$3,862,371
908,992'
2221.
p.
the 4»/2%
1
1947
Dain
Crouter
.
$1,841,727
—-
35,601
American Metal
The
1947,
$211,535
2-.-
Co
—1
applic. to
168,
.
'
$389,922
"
outstanding
Co.;....'
*
subsidiaries.!—
on
18,542
•
period—
shares
n
of
Edison
De
150,000
Co
Patterson, Copeland &
750,000
Co
&
Dalilberg
M.
J.
$804,253
j
v;
This
-
$271,132
loan
—
'stock
pfd. stock of Amer. Light & Tract. Co. '.*•
on
—V.
*
on
1948
Expenses and general taxes...
♦Net income
Preferred dividends
Common dividends
3,862,371
$419,302
—
corporate
j
.
ACCOUNT
_
„_
bank
Traction
Detroit
and .taxes
Balance
»
Nil
•
,
INCOME
—
income
on
* 1,841,727
to. company:
subsidiaries
&
500,000
&
Kendall, Inc.
Phelps, Fcnn & Co.__...
200,000
1
150,000
Co...
Company-
Northwest
750,000
Co., Inc. "
Co.".:
100,000
Co.
4..-.
O'Gara
Ohio
Co.
300,000
Inc.—i 2,000,000
:
"
Roger S. Palmer Co...._
200,000
Cunningham
Inc.
Clement
;
Interest
paid
K,
Co.,
Henry
330,000
$1,818
333,879
-
bonds..
2,276,598
2.
Consolidated
Divs.
:
of
Sept. 30—
received
on
1,854,376
330,000
subsidiaries
1,818
$53,198
30, last, $1.55
,
COMPARATIVE
&
common
Income
Expenses
.
'•
Subs,
of
;
*
Dec.
on
from
Other,income
charges, including interest and depreciation.
stock, payable Dec,
on
Dividends
American European Securities
Co.—$1.80 Dividend—
the
income
Bight
Dividends
$158,505
88,663
333,879"
$0.22
V
—
all
of
S.
$7,273,222
1946
$438,037.
49,000
—
share—
per
$4,445,405
(net)-—
stocks
com.
American
..
*
♦After allowance for
—V. 168. p. 2317.
on
———"
—.
200,000
&
Pac'fic
500,000
Burr,
300,000
&
O'Connell
Pacific
Corp.
Co...
&
Davis,
"V
• •
*
'
122,530
—_
Net profit
Capital shares
&
&
Cooley
495,206
-
Baudean
Inc.
100,000
Corp.—
100,000
Hanseatic
...
Alfred
The
Otis
Co.—
&
Securities
C. C. Collings &
$6,778,016
764,574
——,
preferred stocks of
on
Undistributed
,
1948
taxes
—'———.—.., $3,680,831
___
.
Quarters Ended Sept. 30—
Income
Clark
Coffin
York
O'Brian, Mitchell & Co..
Co.
Co., Inc.
Securities
&
250,000
Homer
400,000
'
since
.
Net
,'.
.t
—
:*.«
deductions
Dividends
of
the
enlarged American Encaustic Tiling Co.
are:
Schweiker, President; Roy W. Schweiker, Executive VicePresident, H. B. Birtwistle, Vice-President, G. W. Thorp, Jr., Treasurer
and Maurice Iserman, Secretary..
•
■
Clayton
W.
Son
400,000
&
Cunningham
A.
<
E.
98,999
1,766,768
,
(net)
income
Gross
officers
V
4,232,458
113,963
447,007
—
taxes—.:
income
income
Income
according to the announcement, are
the beginning of the expansion
company,
highest point
following the war.
Malcolm
City
4,276,128
taxes—
'
in
own
now
statements
30
earnings of the
at
Federal
taxes—
income
Operating
Other
.
entirety all the real estate and
formerly was owned jointly through A-F-O.
The
land, buildings and equipment at Lansdale, Pa, as
the
the
on
The
currently
; Federal
their
.
Encaustic
which
2,979,454 :
miscellaneous
and
Cassell
F.
100,000
Newbold's
Smith
1,000,000
Brothers
C.
3,851,151
2,739,196
——1
local,
income
&
500,000
100,000
of
:
500,000
Byrd
29,175,110
3,950,915
.
Co...
Inc._^____.
Byllesby
39,561,086
provisions therefor.—
and
Co.,
M.
Cohu
stockholders
Co.
in
Franklin-Olean Tile
American
State,
State
&
(inc.)
9,819,230
,
Encaustic
equipment
I
outstanding stock of American Encaustic
bringing up to 68.6 cents per share the
H.
$58,460,928
8,257,473 \
—
-
and
Deprecation
cerrts.
18.6
$63,266,657
*
the
of
1948.
Franklin
American
combination
holders
Burnham
Burr
.'
electricity purchased for resale
Maintenance
,
,
*
was
1947.-
1948
H.
Nusloch,
400,000
200,000
•
and
Operation
.
details,
V.
see
'
"
Total
.
companies.
Sept. 30—
Subsidiary Companies:
operating revenues——
two
Co.
'.'/Corp.
1,250,000
Co.—
Tile
activities of the
the
National
400,000
New
&
&
100,000
500,000
100,000
Co._^_
Brooms
3,000,900
&
10Q.00O
Co.—
Stockton
1
Miller
1
300,000
Brush, Slocumb & Co.__
(& Subs.)—Earnings—
Pierce,
Beane..
C.
Newburger & Co.__^___.
.
-
t
.
American
&
R.
Newburger, Loeb & Co._
Newhard, Cook & Co.—
&
Stokes
Lynch,
100,000
8,000!000
,
Brooke,
150,000
1,000,000
&
Co.
InC;j.____-_
Blair
Bradford
200,000
Omaha
W.
Co.,
Co.—_l_r_
&
Co
r
W.
The
259,000
Bioren
k
Minsch, Monell & Co.—_
Moore. Leonard & Lynch
Mullaney, Wells & Co..
Murphey Favre Inc
250,000
&
Moran
Fennar
E.
Coe__
Co/
Co...
Baum
&
Merrill
...
100.000
Co.________
&
K.
200,000
100,000
McJunkin, Patton & Co.
McLeod, Young, Weir,
150 000*
,
are
$200,000
Lomasney 3c Co.—
Inc.
Inc.
$0.83
•;
_
A.
and
&
400,000
&
4--._-._4.-
Leary
Barth
Levy
Mason,
Bleich-
Bear, Stearns & Co....
Biddle, Whelen & Co.—
222,435
,
$3.14
■
underwriter
Mackall
150,000
v—t
George
$185,480
.
an
have
underwritten
100,000
Applegate.^!.!
,
$221,483
—
—
and
Williams
D.
,
J.
:
.
Mos.—1947;
|$1,195,213)
Not
|
478,100)
Stated;
Not
be
employees
time
any
haVe
Under
may
making
250,000
and
-Inc.
,
1948—9
Stated
at
debentures
Lawson,
Bacon, Whipple & Co._i 1,000,000
Ball, Burge & Kraus..' 500,000
Barrett,
Fitch
&
Co.,
■
Corp.—Earnings—
1948—3 Mos.—1947
to
employee
principal
the
,
Company...
Auchinc'oss,
Parker
&
Redpath
lihe
each
of
$12,775,000
C., S. Ashmun Co,..
Atwill
extended.—
unless
1949,
offering
an.
election
Plan.shares
refunded.
of
name
amounts
Peck
roeder, Inc.
Arthurs, Lestrange
for
have
offer
2318.
p.
shares
effective
made
of
its
of
Stock
unissued
that
such
account
12.775.000
&
Arnhold
years,
Illinois—Exchange Offer
an
Co.
forth
Period End. Sept. 30—
stock,
16
Ohio
American-La
.!
share
per
his
principal
Inc.
Barrow,
$2.83
'
respective
Adams
shareholders.
Ohio
to
Th®
,
the
of
the
of
1,298,475
$0.96
'$0.91
to
and
instal¬
1,314,059
to
subsidiaries
its
another
provides
cancel
may
credited
make
to
tRepresents
applicable
and
Employees'
authorized
company intends
1948.
The plan
purchase
the
to
2,800,000
offered.
thereon
company
follows:
change
corporation
year
applicable
pursuant
of
The First Booton Corp.
Payments'
conditions
(unless
15,
presently
credited
the
of
UNDERWRITERS—The
the
'
Prospectuses
mailed
$3,672,802
1,298,475
1,298,475
to
amount
as
ending Dfec. 31,-19481
to
investment company" which elec¬
"regulated
a
become
registration
shares
the
125,299
the
December
the
interest
share,
per
1948.
year
total
a
and
2,308,480,800
...
+66,348,975
being
are
and
employees
purchase
plan,
Halsey,
the
of
1897.
American
The
796,588
payments
Klima
$0,565,363
-
s
sold
Corp.—46-Cent Distribution—
declared
7
now
tak
income
debentures
which
ment
cents.
Commercial
The
Profit
same
paid
company
♦These
$13 890,111 $13,015,225
shares.....^...^
instalments...
shares
the
intention
be
Income
on
1948—9 Mos.—1947
23,084,808
stock
623,807
,
160,000,000
•
stockholders
of
record
Dec.
14,
1948.
This
with the dividend of 20 cents per share paid
the distribution of all of the estimated
of
between
to
168, p. 641.
directors
200,000,000
Capital
represents
elect
Mr.
three
Inc.,
1948,
its
American Cities Power & Light Co.—15-Cent Dividend
The
($200,000,000 author.)
520,276
,•
Dec.
on
files
$5,883,447
50,733
share.
per
1982
547,006
International
directors
materially
$2,169,146
$1,185,571
shares
debs., due April 1,
$5,223,706
559,197
charges and
payable
Dec.
21
to
declaration, together
from
Vice-President
its
and
Radio,
&
797,832
profit.
175,000,000
475,011
outstdg—
American
The
Tulsa
rented
Vice-President,
a
corporation
Cables
$2,034,133
___
90,000,000
author.)
in
(& Subs.)—Earnings—
reserves
author.)
($175,000,000
election
It
1948—3 Mos.—1947
'
profit
Special
Earnings
,
•
1S48—3 Mos.—1947
f.,
'
Capital
1946.
the Mackay
American Chicle Co.
author.)
;($90,000,000
1980
1,
due Aug.
40-yr. 2%■%.'■ debs., due July 1, 1986 ($125,000,000 author.)
125,000,000
40-yr. 27/8% debs.,'due June 1, 1987 ($200,000,000 author.) 200,000,000
25-yr. 33/s % Debs., due Dec. 1, 1973 ($150,000,000
author.).*150,000,000
Capital, stock
(common)
par
$100
(authorized 35,000,000
•
*$1.20
November,
($160,000,000
1976
1,
$4,847,199
-
....1
profit
Earnings per com. share
Radio & Telegraph Co., has been associated
with the system for the past six years.—V.
168, p. 1577.
>
Operating
*$1.82
in
split
1975
L,
35-yr. 2%%
1,096,492
'
'
♦Net
basement and first five floors of
the
elected
this
of
stock
'
Period End. Sept. 30—
$3.22
2569.
p.
168, p. 2221.
America
All
American
& Radio Corp.—New
has
Tower
$1.33
three-for-one
the
"3,535.465 *
3,858,585
Boston
block of space was available
this
of
3,858,585
.
debs., due Oct.
debs., due Oct.
debs.,
shares)
time.
With
at
30-yr. 2%%
35-yr. 23/i%
35-yr. 2%%
(
Street, Tulsa, Okla., to Albert*
Gould, nationally prominent realtor of Providence, E. I.
The' company had purchased this property in February, 1946, when
it required seme 30,000 square feet of office space to house company
building
7,146,248
$3,943,718
$1.80
for
1138.
American Ice
902,019
279,600
Airlines, Inc.—Sells Tulsa Building—
corporation
office
5,345,827
$6,449,187
1948—9 Mos.—1947
Com.
American
3,871,710
$5,714,551 $20,365,039 $17,410,026
559,200
outstdg-
all charges
convertible debentures., due Dec.. 15, 1957_.$209,523,200
23/4% convertible debentures, due Dec. .15, 1961.. 276,279,iOO
30-yv.'23/4 % debs., due Dec. 1, 1970 ($140,000,000 author. ) 140,000,000
15- year
$11,089,966
$5,136,964
pliare
per
CAPITAL SECURITIES OF COMPANY OUTSTANDING
10-year 2%%
1945
1946
4,210,080
—
168, p.
Monday, December 13, 1948
'
Subs.)—Earnings
$9,008,674 $11,795,014
$6,936,868
inc. taxes
shares
"
♦After
(&
1947
1948
.1
♦Adjusted
330.057
share
per
on.
Earns,
402,038
profit
foreign
—V.
1948—3 Mos.—1947
—$7,686,672
♦Net
loss
before
Product* Corp.
CHRONICLE
Avge. number of capital
1577.
p.
Home
FINANCIAL
charges... $12,146,948
Net. profit '
Inc.—Earnings—
Period End. Sept. 30—*
Sales
calculated
and
arrears
transactions.—V.
after
Fed. &
purchase costs.
^Disregarding
security
American
9 Mos. End, Sept. 30—
Profit
in
acquisition of such
tion
Interest on
income until payments thereof are received.
account of interest accrued prior to the dates
bonds by Alleghany Corp. are applied in reduc¬
Corp,, is not included
of
of such bonds by Alleghany Corp.
acquisition
bonds of
railroad companies In
reorganization, accrued
to the dates of acquisition of such bonds by Alleghany
mortgage
subsequent
COMMERCIAL &
the
company
and
its
telephone sub¬
teletypewriter exchange service and services and
Volume
facilities
for
mission
and
equipment
received
.At
of
from
phones
of
served
by
the
approximately
since
for
of its
or
$420,000,000
$345,000,000
1930),
$255,000,000
1944,
for
its lines
United
in the
those
originating
for
for
•Net
year
1942, $154,000,000 for 1943, $170,000,000
1945,
$690,000,000 for 1946, $1,185,000,000
the
next
few
years.
Issues Booklet
tctal
The
60,600,000,
to
the
on
Nov.
cf
number
29
iisue
by
•
telephones
for every 38
one
or
new
this
world
the
has
reached
record
a
company.
6% of the world's population,
has nearly three-fifths of its telephones. 'Of'the 6,000,000 telephones
gained in 1947, more than 3,250,000 were added in the United States,
which at the beginning of 1948 had 34,867,000 telephones in serviceone
for every
four persons.
(Since then 3,000,000 more have been
•added *in the U. SJ.
Sweden had the next highest telephone density
United
The
with
for
one
five
every
York
New
with
States,
persons.
'
•■
*
,
with
cities
world's
the
lead
to
continued
about
only
tele¬
2,458,102
phones—more than there are in all of Prance. Only other city in the
world with more than a mTlion telephones was Chicago, with
1,396,-
of
On
a
1,262,923
498.264
487.847
six
tnded
June
1948,
income
net
share compared with
corresponding six months of
$1,844,020
dividend
5%
of
be
$1
issued
The
lieu
in
$3 28
or
167,
shares.
payable on the
usual quarterly
the
on
capital
to holders of record Dec. 3,
fractional
cf
is also
share
per
declared
has been
1948,
'a
dividend of $1
Of
*
to
cash
misc.
&
"Oper.
dividend
declared,
An
extra
Net
•
l
'
•
"
"The
\
share
'
.
"
i
:
"
1
i
-
■
Dec.
U.
I
income
stock
On Jan.
44,749
22,788
154,936
83,166
'138,036
-75,225
$15,249
$59,454
!
19,162
$40,292
$13,749
and
ing
preferred
record
ular
of
17,
Under
ail—"
\
,
\*
Net rev. from ry. opers.
7,298,415
5,202,196
65,630,486
"Railway tax accruals.."
2,683 255
2,320,981
rents '(net).
34,396
153,686
25,711,151
526,308
facility rents (net)
141,042
129,241
1,687,577
incomb_
4,439,722
384,251
2,598,288
393,863
37,905,450
Equipment
Joint
Net
ry.
oper.
income
Other
followed in the past, the board
dividends at its meeting the first
regular
168,
Total
1
sales
Net
of
■Cost
Gross
Other
$2,146,538
152,971
5,070
-651,519
for
decline
inv.
-
loss
for
575,112
Crl32,000
67,000
:
*$63,130
$88,855
673,100
673,100
share
Nil
com.
{Includes
"Loss.
disposition
on
of
income
company's
of
.
the
-Of
•
168,
.
.
nine
months 'was
months of 1947, or
i
Net
profit
for - the
$755,419 in
the nine
V.
t
'9,098,022
1,199,208
__
...
....
.......
^
Co.—Atlas Increased
Oil
already
Corp.,
Co.
the
the
from
according
Dec.
going
be
to
Stock Interest—
shares
500,000
—V.
168,
p.
Atlas,
Higher—
1948—10 Mos.—1947
$7,932,967 $5,829,265
1948—Month—1947
$867,111
$611,316
the
to
Net
V.
168,
received
that »a
the
further dividend >of
end of the year for
declared during the
Barnsdall,
thus
giving
Atla';
J;he eleven directors.—V. 168, p. 1794.
Arizona
Net
Other
i
and general
1-
taxes
1948—12 Mos.—1947
"
Prov.
for Fed.
Depreciation
inc
$2,823,005
29,534
$76,440
124,733-
-
112,262
363,940
66,600
$88,710
>
'
32,850
95,400
taxes
_■
1947
$721,017
railway
operating revemie
*
Prior
Gross
$294,032
,30.245
29,619.
-
$360,744
$83,257
45,207
stock
.28,542
150.401
105,945
5,625
5,625
22,500
22.5C0
divs_
r__
"
income)
{349,675
757,225
255,793
Cr975,357
Cr351,128
other
taxes
$44,836
$49,091
$187;843
$195,203
938,587
880,654
904,276
$983,423
$929,744
$1,092,119
1,456,902
V-..L
2003.-
2003.
p.
,
y
V
-shares
—
61,507
$1,163,069
634,150
623,302
Nil
$1.58
outstanding^.
of
TOn "income
■
"$<520,038
companies
in
amortized
operating
group
at
$552,325
623,302
.$0.74
profit.
a
$76)532
.$74,589,
overstated due to the fact that war facilities,
may be
income tax purposes, are still in use, on which
not included as an expense above, would amount
for
depreciation,
$80,639
and
after
Prov.;* for
Budd
8.108,004
2,859,808
1,329,306
Frofit
after
Income
Net
;
47,416,926
-profit
'"
168,
30,000
120.000
120,000
18,696
.23,148
—V.
168,
1252.
p.
5,906,000
2,683,600
7,843,046
4,658,501
3,476,439
3,352,329
3,476,439
$0.33
$2.10
3,352,329
$1.23
$0.73
Buildings Co.—Earnings—
Bush House, Ltd., wholly owned subsidiary)
9 Mos. End. Sept.
"
'
'
$1,633,278
&
30—
Fed.
tax
1947
1945
$2,959,868
598,381
227,385
$2,596,554
555,615
211,134
$370,996
70,000
$5.30
$344,481
70,000
$4.92
$325,010
70,000
$4.64
622,061
charges
prov.
1946
$2,813,858
"
1948
other
$3,247,784
after
Net
.
223,905
(net)—
,
836,282
715,583
1,530,728
rents
from
services
$2,531,553
$1,105,667
$796,996
1,500,000
1,500,000
1,500,000
$0.92
$1.69
$0.74
$0.53
profit
$7 pfd,
pfd.
per
The
to
'
shares outstand.
Earned
.
$398,156
——_'
net
profit
$130,171
ill
69,600
$5.72
share
Bush
of
and
1948
paid to company).—V.
7
909,500
1,318,161
739.
p.
Bush Terminal
Rev.
1,500,000
:_*
7,342,101
2,727,103
Earnings per com. share
•—V.
1945
$1,379,815
■
outstand.
share
per
13,749,046
2,041,000
taxes
profit
Net
Net
160,092,320 139,894,633
2,227,661
.charges
$
$
51,105,606
4,738,103
-
1948—11 Mos.—1947
1946
$4,062,281 * $1,821,250
819,364
Capital shares
1948—9 Mos.—1947
1948—3 Mos.—1947
—-Ji,;
779,583
1947
$2,199,179
expenses—
'
$
$3,665/832 $37,286,853 $38,786,456
1948
Fed. ' income
months ended Sept. 30.
nine
Co.—^Earnings—
Period End. Sept. 30—
(& Subs.)—Earnings—
taxes
the
■<
.
Quarter End. Sept. 30—
for
1947 and 1946, respectively.—V. 168, p. 843.
47,256
3.1-7T,121-
< 1948—Month—1947
$3,200,997
.
'.Best Foods, Inc.
$1,047,424
30,000
Surplus begin, of period
Cr223,567
income
net
$35,083
554,450
•
to
adjustments—.
NOTE—Income
fully
normal
852,217
™
due
income
on
—
year's
3.505,112
4,158,100
$2,484,485
502,684
service expense—
Earnings per common share
242,651
,
-7.177,471
7,267,142
3,004,974
1,360,420
3,161,175
income—
p.-
i_
168,
Earnings
•.
Balance
——
4,068,459
Sales
.8,117,938
railway
oper.
148,238
129,064
..
:
Period End. Nov. 30—
—V.
$323,652.
$95,668
income
Preferred
of
Common
v
;
Deductions
1686.
p.
on'income—
taxes
Consolidated
$578,188
$559;410
337,320
'
..
-Sales
267,000
$330,499
-
6,817-
"6,958
168,
1945
1946
-
£8700.859
252,147
113,577
•
railway
168,.
Profit
Net
circulated re¬
interest in
an
"$343,502
450,427
2,149,710
2,536,717
607,177
\
—'
operations——
on
(Excl.
743,304
of
1948
1947
1946
$14,945,559 $22,537,402 $14,795,373
11,220,601
15,894,818
11,254,178
Sept. 30—
Com. shares outstanding
•.
•Oper. exps.
been
have
purchase
(& Subs.)—Earnings—
carrybacks
•
"
,
$3,355,889
$783,068
$956,949
the
terminated."—V.
been
-
(less
exp.
1948,
Ry. —Earnings—
(A. S.) Beck Shoe Corp.—Nov. Sales Dropped 12.7%—
1948—3 Mos.—1947
•
revenue
ry.
—V,
Co., Inc.—Earnings-
Period End. Sept. 30—
■Operating
from
Net
'
railway258,159
oper., income
frcm
Gross
by
*"
Edison
from
ry.
& Western
Sour Lake
From Jan. 1—
2003.
p.
reports
of
statement:
following
the
many
possibility
of sales—
Refund
dividends
of
board
1948
from
Gross
2003.
been
that
the
-
Net income
Odium and George H. Howard, as representatives
October—
the New York Curb Exchange of the
appointments, effective as of Nov. 30, 1948, of The New York Trust
•Co., as New York City transfer agent, and The Northern Trust Co.,
as! Chicago
transfer agent, for the common stock, par value $1.—
has
interest.
an
issued
Corp.
fact
have
-•
Estimated
information as is avail¬
the earnings of Barnsdall for
be a little in excess of $6 a
before
total
representatives out of
Beaumont
Argus, Inc.—Transfer Agents—
Notice
and
"Loss.
added
were
two
Net
"t
seeking
the
of
Admin,, sales and
>
to
-Period End. Nov. 30—
Dec. 8 announced that it has broken off negoSteel Co., in whose Warren, Ohio, plant it
on
concerning
sales
Cost
acquired the
9
.
In October/Messrs.
of
Corp.
-Sales
Discus¬
.
Angerman Co., Inc.—November Sales 41 8%
/
demand
Copperweld
Nine Months Ended
Net
of
such
are
declared
making
share.
to
indications
will
share
to
up
management,
January,
per
stock,
probably
are
per
in
$3
market quotations (identified cost, $680,deposit, $2,544; interest receivable,
total, $673,540.
at
on
Borg-Warner
clusive,
$18,880,683 $14,255,-571
approximately
of
owner
that,
and, that present
year
quali-
Copperweld Steel. Co. property, at Warren, Ohio, by the Borg-Warner
/Corp., the management of the Borg-Warner Corp. wishes to announce
that
any
discussions with Copperweld Steel
Co. have been incon¬
it most satisfactory."
to
added
year
payment
'
$416,713 compared with
a
reduction of 45%.—
capital
seems
him
cents
50
as
Odium
to
the Fund
,
-
Oil
full
since
2115.
p.
alL
accrued
Corp.—Terminates Copperweld
reported
view
cently
4,471,751
income taxes
with
The
$8,584 612
able
938.
p.
cash
corporation
been
'■'In
a/c Railroad Ret'rement
been
'
tlations
6,207,018
808.020
same
1947.
19,043,131
667,858
$8,974,644
share
third
the
for
2,508,422
Act—_
tax
Mr.
the
above
income
has
tax
income
BALANCE SHEET, SEPT. 30, 1948
$663,996;
This
a/c Ra lroad Unemployment Insurance Act
not at
$150,839 repre¬
No. 7 Mine in
quarter amounted to $8,122,248, an increase of
period of 1947- Sales for the nine months were
$29,269,636, an increase of $3,702,244 or 14% above the nine months
Sales
since
sions—
minimum
of ,200,000 additional Barnsdall shares at the firm bid of $45 per .share
which was made at the opening of the stock market on Dec. 6.
Floyd
B.
Odium, President of Atlas Corp., said that Atlas will no longer
maintain any firm continuous bid in the market for Barnsdall stock,
"but
retains full
right to bid for the stock from time ■ to time or
$1.23
.
and
1947,
2,
"regulated investment company."
a
Bowser, Inc.
•Oklahoma.
2%
6,425,215
Atlas
673,100
.
$0.47
$0.01
net
.non-recurring
a
realization
net
senting
6,350,267
Total
$1,211,349
$658,420
673,100
profit
Earnings per
637,485
Federal
713,970
-
■Com. shares outstanding
Net
634,747
Tax
232,000
219,825
45,265
April
dated
agreement
March
to
Borg-Warn'er
1,254,904
14,495;948
Barnsdall
Cr38,695
Co. "has
1990.
than
1,359,766
Barnsdall
inc. taxes
$1,045.
Sept. 30. 1948, since Boston Management
waived, to March 31, 1949, all compensation,
ended
665,075
'
14,726,228
200,000
rentals
f
Prov. for Fed.
246,557
,,
p.
29,048,160
-41,725,949
60,743
,
164,839
Excise
future
on
of
shares
350,849
100,000
investments
on
No expenses have been paid or accrued by the Fund dur¬
on -
4,771,845
1,461,226
-V. 168,
50,000
-
loss
$1,578
,
LIABILITIES—Liabilities, none; net assets—equal to $8.18 per share
82,386 shares of $1 par value capital stock (exclusive of 3,890
in treasury)
outstanding at Sept. 30, 1948, $673,540.—V, 166,
24,276,315
160,956
future
poss.
net
i._
$6,902; receivable for capital stock sold, $98;
"Include:
'16,859
108,000
150,000
amortization
and
i
263
.
9,527,
,
632.736
73,662
1948
of
income.1
net
1,585,535
1,487,874
funded
on
Net
depl.
deprec.,
for
19,812
-
30,
$10,842
i
No Federal
as
had
$3,357,762
$517,161
159,282
etc., exps.
expense (net).
Prov.
Prov.
61,680
sell.,
31,974
debt
$2,969,249
388,513
$227,239
income
Interest
)
{171,397
——
$1,809,040
337,498
$455;480
on
participation in undistributed
representing
ASSETS—Investments,
Conting. int. on funded
companies)
$55,872
sales.
on
income
Admin.,
Frov.
sold
SEPT.
,.
repurchases
and
255),
debt-.
int.
1948—3 Mos.—1947
1948—12 Mos.—1947
$8,122,248
$7,953,964 $38,492,474 $33,792,643
8,066,376
7,498,484 36,683,434 30,823:394
.
-
profit
Total
i
-
goods
sales
2,092,390
3,820,499
2,992,151
4,823,973
......
Fixed charges other
Smelting Co.—Earnings—
wholly owned subsidiary
(Incl.
Period End. Sept. 30—
ENDED
MONTHS
from
management
Fund
fieS
*48,820,21g
20,865,979
Fixed int. on funded debt
"
American Zinc, Lead &
income
deductions
Misc.
2003.
p.
cehts
-
;
proceeds
months
six
the
(2)
32,230,292 335,461,415 295:894,003
27,028,096 269,630,929 247,073,784
36,201,370
28,902,955
Ry. operating expenses.
1949.
the
declared
January.—V.
in
30
and
1
expenses of
31, 1949.
The aggregate amount of the other
operating expenses paid or payable by Vance, Sanders & Co. for the
six months ended Sept. 30, '1948, was $3,251.
1948—10 Mos.—1947
$
•$
1948—Month—1947
$
$
^
Ry. operating revenues.
procedure it generally has
the
have
would
share
$11,105
Research
the
.
week
Aug.
on
income..
under
stock were
Jan.*
cents
10
.
SIX
FOR THE
met
stock
the
&
*
168,
.
Baltimore & Ohio RR.—Earnings—
also declared, both payable Feb. 1 to
Previously, the company made reg¬
quarterly distributions of 50 cents per share on the common stock.
cumulative
paid
.
income
cf
"Before realized
$50,335
repairs and alterations.—V.
1
Period End. Oct.
quarterly dividend of 75 cents per share on the common
the usual quarterly dividend of $1.25 per share on the 5%
holders
per
Dividend -paid.,
3,500
depreciation,
cents
27
"Total
$53,835
1,500
"$11,423
;
of
\ Vance, Sanders & Co. has assumed all other operating
last, an extra of $1 per share was paid.
2,
p.,2222.
net
9,395
"Including .insurance,
p.,1038.
regular
'A
company
EARNINGS
>$267,096
$20,818
■
Corp.—Extra and Larger Dividends
directors/on Dec. 1 declared an extra dividend of'$1:50 per
on
the
common
stock, payable Dec. 21 to holders of record
Viscose
American
the
168,
NOTES—(1)
Net
dividend
a
1948—10 Mos.—1947
$297,556
replacements
27-Cent Dividend—
declared
8
year,
capital
41,543
27,615
operating income
for
Dec.
643.
p.
4
stock,
{Undistributed
Res.
*$6.08
outstanding.
Bond Fund of Boston, Inc.—Earnings—
14, 1949.
During
this rate.—V. 168,
<$82,786
exps.__
then
profit from sale of Brooklyn plant.—V. 168,
23— V.
Dec.
,
'
be
Last
Scrip
share has also been
per
this
will
stock,
1948.
$89,976
Taxes, incl. Fed. income
341,639
$2.91
shares
date.
same
1948—3 Mos.—1947
—
684,606
"$1.68
preferred
on
payable Dec. 22 to holders of record Dec. 15.
distribution, it is presently estimated that 15 cents per share
paid from profits. realized on sales of investments.
"Interest
income
341,639
684,606
requirements
■
on
commcn
Portion
Period End. Oct. 31—
$2,234,292
$0.48
dividend
directors
the
Balfour Building, Inc., San Francisco—Earnings—
Gross
$1,993,125
share
per
The
2569.
p.
1251.
p.
1,389,000
$622,423
Blue Ridge Corp.—To Pay
*
1947.—V.
3,603,292
914,000
$325,655
.{Includes $502,150
$199,762
was
{2,907,125
381,000
common* shares.
"After
1,003,423
200,0&0
provision..
•
30,
.common
for
snare
525,655
,,
profit
Earned
$1.69
$2,40
$3.26
tax_
and "Federal taxes.
months
cents 'a
$0.32
Fed.
tax
of
No.
860,859
548.342
Net
San
basis,
capita
par
1.853,076
payable Jan. 31, 1949, to holders of record Jan.
1948, the company paid four regular dividends at
Francisco still topped the maior
cities with
about one
telephone for every two persons.
Washington
and
Stockholm
remained
second
and
third in this respect,
wnlie
Seattle supplanted Denver in fourth "place.
j
More than two-thirds of all the telephones in the world are pri¬
vately owned and operated, and 85%
of these are in the United
States.
The 'remaining third are government-owned. .
( ;Of
the
world
total
of
more
than
60,000,000, 96%
connect with
the American telephone network.—V. 168, p. 2318.
387.
1945
$30,278,492 $25,899,667 $39,292,492
1946
548,453
payable, on Dec. 20,
will
at the start1 of 1948, according
Statistics of the World" released
Federal
1947
1943
1948—3 Mos.—1947
1948—9 Mos.—1947
$6,222,880
$8,139,817 $19,211,437 $26,378,787
sales
before
3
(& Subs.)—Earnings—
30—'
,
223,854
charges
stock
A
be
in
1139.
p.
Babcock & Wilcox Co.—Extras in Stock and Cash—
persons
"Telephone
of
Period End. Sept,
Net
on
Telephone Statistics of World—
on
168,
$22,721,442
the
30
or
$1,689,000,000 for the first nine months of 1948.
It is
expected that construction expenditures will continue at a high level
during
After
common
and
1947
Sept. 30—
profit
For
for
for
*
'
were
for any prior
than
(larger
1341
Share.
(& Subs.)—Earnings—
Earnings per com. share
construction
new
below.—V.
Com. shares outstanding
whole
routed in
States are
subsid.aries.
CONSTRUCTION—ExDenditures
Co.
sales
Net
and
companies
telephone
other
9 Mos. End.
company
part over
NEW
Autocar Co.
the company have about 30$
the United States.
The tele¬
substantially all of the telephones
of
in
6,000
(E. W.) Bliss Co.
Purchases 200,000 Additional Shares of
—
Oil
(2427)
Profit
rural lines in the United States can be inter¬
estimates that approximately 95%
of the
60,000
The
messages
in
and
subsidiaries
approximately
the
than
more
toll
subsidiaries
telephones in service
time
these
connected.
or
sale
the
present
tctal
Barmdall
•See
CHRONICLE
FINANCIAL
&
Barnsdall Oil Stock at $45 per
telephone
Western
COMMERCIAL
Atlas <Corp.
television
and
its
to
the
the
teletypewriter use, for trans¬
programs and
other purposes.
The
subsidiaries lease' circuits and related
Union Telegraph Company.
Revenues are also
of advertising space in telephone directories.
telephone and
line
private
radio
of
company
THE
Number 4759
168
Ltd.,
House,
$84,782
168,
p.
in
675,749
350,739
British subsidiary, amounted
(after deducting dividends
1947
1899.
Bigelow-Sanford Carpet Co., Inc.—General Sales Mgr.
\
Total
Dividends
—
paid
.
Sundry adjust.
(net)
Cr4,532
—
$904,276
$953,423
$904,276
$953,423
Surplus end of period
168, p. 2110.
"
.
j,
•:
This
company
Robinson
on
7 announced
Sales Manager,
the
Dec.
General
as
appointment of Sumner J.
Jan. l,
1949.
He is
Butler Brothers, Chicago—Nov. Sales
effective
Combined
sales
—V*.
p.
168,
$13,279,093 $13,534,511
Declined 1.9%—
1948—11 Mos.—1947
1948—Month—1947
Period End. Nov. 30—
associated with Goodall. Fabrics Inc. of New York, as Sales
Manager in charge of the home furnishings division.—V. 168, p. 2004.
presently
$145,419,065 $126,086,873
2004.
—V.
>
.
Bingham-Herbrand
.
Atlantic Coast Fisheries Co.—Earnings—
•Net
profit
Number
i
taxes
"After
totaling
—V.
and
tLoss
p.
but before
charges,
charges
Before
at
the
effect
giving
after
$17,183.
168,
Lr-
——
shut-down
$90,000.
outstanding
shares
share
per
seasonal
$154,931 .\t$129,547
370,977
370,977
$0.41
" Nil
a——
capital
Earnings
Opening
1947
1948
6 Months Ended Oct. 31—
these
to
in either year for
plants,
estimated at
auditor's adjustments
provision
various
certain
adjustments the net loss was $112,365.
738.
in
other
of
two
and
General
corporation.
sales
Plomb
office
Tool
in
NOTE:
Union,
On
$35.00
account
of
per
the
year;
in
Dominion
fluctuations
in
the
of
Mr.
sales
Kerr also
the
of
exchange,
in
7
York and the
this corporation.
New
by
of the
staff ~of the Herbrand
announced several new
organization.
;
has been placed
Angeles.—V. 166, p.
Co.,
Los
1948
1947
1946
$158,163
$164,301
$154,031
>51,334
22,364
59,058
1,319
income—
100,289
66,389
93,868
44,160
From Jan.'1—
.'Gross from railway..—
f,270,051
1,380,339
29,602
1,165,507
"17,799
285,995
1,282,221
442,558
526,639
408,408
589,305
488,978
October
Gross
the
appointments in
Division
remittance for
from
Net
Net
of
from
ry.
railway—_
railway!
oper,
of
3. 1879.
the Western
-
Division
A
.
1945
$80,919
Z
,
in charge
2554.
New York, N.Ty.," under"the Act of March
Canada, $38.00 per year. Other Countries, $42.00-per
rates
Dec.
on
Said, formerly President of Penens Corp., subsidiary of the.'
asflsecond-class m»ttCT'Pebwry"257l9«, .8t thr.post«*oMioe""at
'American
offices—One
announced
these
-of
staff
Albert R.
divisional
Cambria & Indiana RR.—Earnings—
two.;, locations, Robert W. Kerr, Vice-President
Manager, stated that the move was part of "a general
reorganization
the
new
Angeles—was
Los
announcing
In
Corp.—Opens Divisional Offices—
Net- from
Net
ry.
/
railway—,
oper.
income.
"Deficit.—V.
168,
p.
2004.
Subscriptions In United States, ..U.-B. Possessions. Territories arid Members of Pan*
year.
" .
.
) - . foreign subscriptions and advertisements must be made in New York funds.
4
,(2428)
THE
Calumet & Hecla Consolidated Copper
Co.—Earnings—
9 Mos. End. Sept. 30—
Rev..tfrom
metai>
Production
Sell.,
admin,
1946-.
2,103,671
1,727,998
1,243,766)
scription warrants.
<
of
Operating gain
Other
$2,557,861
income
$3,031,636
$2,351,456
$1,916,398
115,272
205,593
on
income
$2,715,065
Other charges-—;
Depreciation
stockholders
$2,557,049
$2,432,378
Brothers and
of
group
Lazard
underwriters
Freres
&
183,595
450,764
share the 335,857 shares of
178,726
160,008
177,484
for
5»0,000
976,000
593,000
by holders of subscription warrants.
589,000
ers
sold
$1,743,393
$1,008,115
$1,031,535
2,058,270
2,063,270
2,086,270
2,068,270
$0.47
$0.84
$0.49
$0.50
(est,.)—
■rNet profit
Capital shares outstdg..
Earnings per share
that
stock
common
there
remained
For details
of
ry.
Canadian Malartic Gold Mines,
Ltd.—Earnings—
1—
'
Quarters End. Sept. 201948
1947
1946
Tons, ore
Metal
names
Marketing
79,807
81,415
77,278
$292,968
$333,915
$332,793
2,407
2,523
3,203
4,050
charges
Profit
'
Inc.,
Snow
Metcalf
Admin,
and
5290,444
$330,712
253,318
251.982
223,688
9,271
10,206
6,528
8,142
585
NOTE—No
allowance
figures.—V.
168,
1
.
extraord.
poss.
for
been
made
for
incr,
cost
the
for
shares
losses
of
Snow
aband.—
5 Mos.
two
300,000
and
surplus—
$2,611,342
1,102,000
.
share———
$2.74
—„
,
$4.60 t
v
October—
-
Gross
from
ra'lway—_
railway
JJet from
Met
1948
ry.
$331,530
1946
$315,610
$286,186
-
*35,827
•20,742
$561,707
*316
"93,944
*67,140
^Deficit.—V.
168,
2,082,979
class A
115,588
*29,376
*155,394
1,050,988
is
2004.
p.
COMPANY AND
in
Net -ry.
Vermont—Earnings—
1948
$174,481
1946
Net
from
from
$166,259
*51,077
"106,314
*99,546
2.U03.154
1,753,301
1,419,327
1,169,941
*452,794
Net.ry.
railway.
income.,..
oper.
*499,148
*622,206
*548,004
"Deficit.—V.
1G8,
*1,037,542
*1,038,533
*1,130,610
ing
the
Dec.
ness
at
New
York
stock
the
Curb Exchange announces
| suspended from dealings
was
7.
Issued
time
same
in
the
the
at
old
no
basis
change for each old share
stock.—V, 168, P. 2319.
the
company's
$5
new
busi¬
par
etc.
to
These notes
will
be
a
Nov.
1, 1948 and
1963, inclusive.
to
will
mature
in
are' now
at
the
—V.
3'A%
debentures
(issue
exchangeable for presently
Bank
168,
of
New
York
1358.
p.
and
of
there
;
amounts
; Central Illinois Electric
The
offered
sixth
common
of
will
for
be
each
Aug.
1,
1960,
temporary debentures
Bank, New York City.
common
(par
'
■
Louisiana
The
$1),
the
Co.,
of
of
expired Nov.
Bank
&
of
record
Oct.
pursuant
one
26
Trust
new
and
Co.
share
23
for
subscriptions
of
were
"
record
Oct.
23,
1948
were
given
the
9.95
not
issued
of
to
the
satisfy the exercise
employees, officers and directors. " " '
to
the
^
w
Proceeds 01 the sale
at
in
due
1958.
beverages
A
stock
to
office
entire
of
$80,000
was
opportunity
12,100
of
preemptive
in
the
33,755
outstanding.
have
been
all
respects
class
A
widely
shares
All
of
elect
class
B
class
the
of
except
shares
A
or
be
Use<J
'• *>•'
Net
from
Net
ry.
railway—
accepted
the
class
three.
have
been
stock
B
27,515
issued
and
2,050
<
a
in
,-f;.
.
1947
Gross
$3,128,302
$2,531,427
Net
ry.
613,525
427,531
8,082,341
5,077,417
2,755,706
income—
offered
'3,088,809
1,757,505
206,965
Net
from
Net
ry.
1948
from
income.
oper.
-,
EARNINGS
12 Mos. End.
m
Total
oper.
Total
revenues
oper.
$1,976,145
1,895,135
1,744,139
1,650,564
$354,658
$232,006
$238,122
...
deductions
State
&
Based
to
$285,647
$260,593
44,832
96^077
28,463
25,900
68,157
19,400
22,675
$277,261
com.
$251,890
stk.:
$237,784
$212,018
on 111,500 shs.
now
Based
22,471
46,747
taxes
J.
Per share of
53,641
$364,879
—ju-'
inc.
Surplus
10,221
$420,085
Fed.
;
Dr8,922
Gross income
Income
$2.49
$2.26
2.24
2.04
$2.13
123,600 shs.
outstdg.
•
BOND
«rtt
$1.90
1.92
its
outstanding
and
All
on
of
laie
gage
'
Aug.
such
$400,000
22,
1947
series
B
insurance
sold
a
bonds
ff?lChu9* J1948, ,the
bonds, series
3%%
the retirement
of
C.
due
by
Aug.
John
mortgage
bonds.—V.
bonds
bonds
at
at
expedite
will
freight
168,:R.
or
for
the
first
amount
used by
estimated
The
at
about
over
$2,000,000.
is
3,000-mile
through
terminal
is
Just
the
heart
reimbursement
the
years."—V.
to
with
the
spread
Louis
and
Southern
over
225
west
Pacific
to
to
acres.—V.
New
Mexico
Arizona
168,
p.
where
1900.
p.
Edison
4
Nov.
Gross
Net
from
from
ry.
railway
railway-
oper.
1947
Nov.
20
—
-
—
Nov.
13
—V.
ry.
The
is
made
yards
1946
"Deficit.—V.
168,
p.
—
—
Dec;, 3,
on
the
In
each
capital
The
ICC
on
Dec.
to
interstate and
of
railroad,
$2,544,058
$2,654,540
462,593
more
&
1
417,942
249,042
442,430
269,047
25,587,673
4,146,268
22,39(3,959
23,504,122
1,275,472
988,859
2,383,719
6,027,500
*187,737
3,192,449
2320.
same
as
disbursed.—V.
Ohio
RR..
a
a
Carman
with'
northwesterlv
te
the
the
line
end
Hallton, approximately 11.09 miles, in "Elk
County, Pa.
San
Dec.
preceding
making
in
1947.
168,
dividend
24
4.0
4.1
Francisco, Calif.
total
a
In
of
the
of
12
cents'per
holders
to
quarters,
of
record
distribution
a
30
cents
1946,
year
for
14.
six
cents
year
the
total
a
share
Dec.
of
1948.
of
42
cents
1579.
p.
revenue
i__'
r
for
of
1948—12 Mos—1947
$
S
22,872,972
22,002,040
13,340,888
12,392,710
$
277,995,756 255,342,795
148,645,489 125,622,082
taxes
_)
income
taxes-^j
1
of
Other
55,411,198
14,876,709
13,721,928
63,140
63,538
770,175
767,940
disct.,
expense-..
pfd.
on
53,527,545
1,209,657
debt
deductions
Divs.
4,003,298
1,249,518
debt
and
Crl85,943
stock
778,675
NOTES—(11
period,
the
the
Balti¬
line
,
at
147,867
2,024,421
8,460,357
of
$17
1,831,132
per
preferred
share
stock
1,896,989
at
arrears
$24,497,119.
Operations o& the
common
in
of
on
Sept.
.the
30,
28,323,051
1948,
end
•
30,486,234
of
last
quar¬
outstanding shares of the cor¬
including fractional scrip)
series
$6
(not
.
South
Carolina
consolidated
stock
•;
.
corp.—
Dividend
statement
l,972,0d3
_
before
to
interests
2,737
8.741,572
139,832
:
income,
pfd. divs". of
the
703,342
stockholders
Net
this
Crl8,095 Crl,208,384
of
subsidiaries
(2)
18,922,137
27,326,244
3,876,354
long-term
subsidiaries
Amort.
4,520,654
(20,923,813
j25,647,575
'
'
■
income
on
of
23,540,481
of
Gross
Int.
Power
Co.
included
are
in
income
through April 30,
1948 only,
that company
having been sold to non-affiliated
of
May, 1948.
Weekly Output Increased 8.72%—
of
weekly
this
kilowatt-hour
corporation
as
compared
an
increase
of
output
adjusted
territory served for the
week
of
electric
show
to
energy of subsidiaries
business conditions of
general
ended Dec.
2, 1948,
amounted
to
339,741,-
with
312,497,235 for the corresponding week
27,243,838 or 8.72%.—V.
168, p. 2321.
in 1947,
Community Public Service Co.—To Issue Notes—
The company has been authorized
by the FPC. to
short-term promissory notes
bearing interest at 2 V2%.
company
proposes
$300,000
each.
Worth
mature
by
the
to
One
120
company
Bank
days
plans
Commission
use
of
National
National
-The
of
(& Subs.)—Earns.—
1948—Month—1947
$
and
certificate
connection
Co.,
a
Commonwealth & Southern Corp.
.
permitting abandonment, as
foreign commerce, by the corppany of its entire line
at
paid
declared
Period End. Oct. 31—
Fort
issued
5.0
240,200,000
payable
three
made,
523,653
extending from
5.3
231,586,000
230,680,000
Investment
stock,
the
of
was
073
1945
627,769
Railway—Abandonment—
% Inc.
..
243,189,000
.
the directors
share
First
Clarion River
.
218,470,000
—
Commonwealth
are
$2,890,276
'
1947
238,429,000
230,009,000
—rTo Pay 12-Cent Dividend—
r( On
'
4,674,796
oper( income—
com¬
168, p. 2321.
amount
28,299,935
railway
from railway-
associated
3,250,790
749,505
from
and
3,238,956
From Jan. 1—
Gross
Net
Co.
248,023.000
—
—-
Federal
$3,143,431
income—
Edison
1948
27
poration's
'
1948
'
•
Co.—Weekly Output—-
Week Ended—
•
Dec.
The
'
1948—48 Wks—1947
$152,941,874 $146,130,776
,
4,382,209
Chicago St. Paul Minneapolis & Omaha
Ry.—Earnings
October—
Net
1948—5 Wks.—1947
.
excluding sales to other electric utilities for the week ended
showed a 4% increase over the corresponding week a year ago.
Following are the kilowatt-hour output totals "Of the past four weeks
and percentage comparisons with 1947:
'.
1945
connection
California.
and
,
4,
corridor 'that
2320.
/
24,859,124
system,
St.
has
repair
2224.
p.
$16,221,472 $16,038,978
—
Kansas 'City,
Rock Island's
the
168,
373,909
both for passenger and freight service, with lines
extending north to Minneapolis and Chicago; south to
Houston; Texas;
required
of
20
Electricity output of Commonwealth
terly
of
expedite
and
the
Rock
1,981,33$
.
of
all
panies,
23,011,921
Vz.-mile
to
customers;
358,059
13,689,421
a
its
centralizing
2,058,714
60,888,574
southwest
order
in
area
to
depreciation-
30,138,008
•
made
distance
a
the
company
Trap
over
168,
Dec.
at
> -
being
five-mile
The-Kansas City
Kansas.
the company
expenditures.: ".
The
York
Kansas
yard
of
many
interest
its
retarder
'
view
in
types of equipment.
expansion
necessitated
the
Minority
through
huge
a
per
to and includ¬
1947,
advisable
metropolitan
greater service
the purpose of
for
Commonwealth
make
improvement
extends
mort¬
for the sale of not over
$1 500 000
2004. £;.
0.
traffic
cents
'
plant acqui¬
adjustments
1946
38.708,191
17,602,045
17,979,185
102
101
Mutuai
give
Period End. Nov. 27—
—V.
City terminal, this
Armourdale, Kansas,
possible the classification of
approximately 4,500
incoming and outgoing freight cars daily.,. The cost of the
project is
1, 1976, at 100,
The series C
Hancock Mutual Life
Insurance
additions
for'such
Company is presently negotiating
first
To
which
Net
the company above
outstanding debt has been
company
B
by John Hancock
c°mPany further sold $600,000
SLf01"J'Property
of the
treasury
series B
$800,000 series
purchased
Co.
•^mdswere also purchased
xtF1"8 5.
received by
| for
further
were
44,652,133
income.'._
|
dividend
10
Prov.
164,810,854 147,026,343 132,533,327 165,579,068
railway
oper.
company is constructing
•
$570,000
bonds, series A, due Jan. l,
1961, paid a $300 000
■y0* *oan> V*d secured additional cash by issuing, at
102% $1.100 000
mortgage 3%
bonds, series B, due Aug. 1, 1976.
On April'15
1947, the company sold an additional
thus
garage
Sales
1.71
FINANCING
If;.19^- °omP*ny refunded,
first mortgage 3!/2%
railway.
15,
of
Amort.
New Project Announced—
east
outstdg.
on
be
ry.
$1,888,686
$429^007
from
Net
1945
$2,249,793
Operating income
Non-operating income
-
1946
$2,516,867
2,087,860
deducs.
rev.
1947
a
of
prem.
from
Net
12 Months Ended
Dec. 31
Sept. 30,*48
,
^
Gross
April
the
on
that:
considered
was
action
any
Distributions
6,624,034
From Jan. 1—
OF
take
22.
2,162,169
Earnings—
1947
to
expenses
' $16,472,424 $15,215,769 $13,402,617
$15,347,125
4.137,664
4,010,488
2,880,861
5,058,179
1,720,680
1,833,543
1,531,657
2,334,808
railway
railway.—
391,640
Colonial Stores, Inc.—Current Sales Up 1.14%—
sition
October—
Gross
with
barrels for the
Co., Inc.—Omits Dividend—
Jan.
quarter from
board
compared
1, and 312,704
168, p. 2005.
facilities to handle the record backlog of orders as
orders as will follow from the high level of con¬
anticipated for the next five years.
During this
other
and
its
General
wi.l be used to
reimburse the
treasury of the com¬
in part for the cost of
property additions including extensions to
electric
transmission
and
distribution
system,
and
to
provide
.funds for additional
construction.
•
about
each
the
of
barrels,
Nov.
omitted
2
or
made
300,929
ended
plants throughout the
New
pericd
2005.
Chicago Rock. Island & Pacific RR.
its
next
Inc.,
Operating
24,597,786
sold
t
new
the
Marketers,
the company, through purchases and an acquisition of another
expanded the total equipment from 192 trucks to 306 owned
has opened up an additional seven concrete and general
to
Gross
22,113,373
p.
within
Crcp
.,•■?<■>:
1948.—V.
170,682
25,415.903
168,
Snow
expenditure
cf
approximately
recently entered into an agreement with
Corp. to purchase its new plant and its
huge sand and gravel properties at Roslyn, L. I., at a cost of $2,800,000.
This .acquisition
will
make
Colonial
Sand
&
Stone
Co.
Inc.
inde¬
pendent of outside supplies for sand and gravel for an estimated
544,754
382,266
29,445,579
oper.
—V.
test-marketed
of
,,
.
Stone
&
on
activities
"This
the
$2,398,702
893,968
railwayrailway
from
•
27,
Dec.
on
the
361,347
from
Net
fresh
pure
several
1945
1,025,511
Income—.
a
of
that its production for the fcur weeks ended
was
1946
From Jan. 1—
pany
SUMMARY.
'
$3,553,132
railway—
oper.
obtain
first
the
owns
for' additional working capital in
r
'
■•'' '
1948
from
sold
m
stock
common
shares*••'.o»-i-
October—
common
.-."n m
per
business.
expanding
Gross
subscribe
of
rights
>
of the shares of
to
shares
$1
be
1948.
Pope, President, stated
$1,825,000.
against
Chicago Great Western
Ry.—Earnings—
sub¬
Guaranty
issue
to
to
be
present;
work
.
and
will
to
necessary
deliveries
equip¬
flavors.
grape
alike
and
juice
President
weeks
Sand
such
as
material
subject
Company
approximately
""
five
per
''
right
-
by this Prospectus
$32,775
and
a;e
directors
adds
simultaneously in fcur markets this month.—V. 168*
.
at $24.75 per share
shares held.
Rights
at
The
further
a*L iTe ®an}e puce for the balance
These
PURPOSE-^Pfbfc'e^ds will
subscriptions received from
stockholders, their assigns
and employees.
,.c In
addition to the preemptive
subscription rights, stockholders of
stock
shares
presently
value
par
Oversub¬
■•'-'
"
given
payable
(La.).
to
of
valued
orange
to
by
six-ounce
48
consumer
announces
been
27,
purchased
platform,
is
assess qf those corporations, •Company has
paickin surplus of'$165,529,'after
giving effect to the reduction
net
.
(par $10)
each
were
Alexandria
washing
authorized 750,000 shares of class
(par $1) and 250,000 shares of class B common stock
four
class
are
the
Inc.—Stock
.
12,100 shares of common stock
ratio
drinks.
which
elect
<
\'
stockholders
scribe for
JO
bottle
of the class B stock have been
issued for $5 per share cash.
31,705 shares of class B stock have been issued to the share¬
holders of Pan American Sales
Corp. and Pan American Food Products
Co.
for the stock and
stock (par $15).
The stock will be
subsdriptidn. W- par UP ratio of -one-
scribed—
plant,
The ether
SEC
of
Electric
filter
installed
stock
shares
Co.—Registers With SEC
the
at
leased
or
1948
true
concentrate
The
amounted
the
action
period
a
juice
their
of
shares
-
registration statement with
for
share
and
amount
cf
cases
company,
of
CAPITALIZATION—Company has
A
commoh held' without
voiderwriting.
for construction!
costs.ujiy. !168, p. 2116,'
" •«
I
'
J.' •
■ f
it
i'l
■')((■ ;1
'•( * i1. •if. i, ;■*'
used
:
1
•y Central
a
common
stockholders
share
a
Proceeds
of
sold
had
the
well
numerous
•shares
& Gas
company on Dec. 3 filed
is
27,
grape
and
covering 80,000 shares
source
a
orange
and
due
-
the
equipment
now
Nov,
because
Avenue
as
operation
is 2,400 cases per eight hour
day.
the company entered into an agreement with Tru
Ade, Inp.
By this agreement the company has secured the exclusive
license to bottle Tru Ade
beverages for sale in Cook County, 111. The
Tru Ade products consist of
natural fruit base uncarbonated
outstanding
Fifth
in
chattel mortgage of $23,067.
present capacity of the bottling plant
using the machinery and
On
'•
1947)
been
purification
in
and
equipment
Celotex Corp.—Permanent
Debentures Ready—
Permanent
a
mortgage
which
dated
annually-*r-1949
is
890,000
10.
,r.
directors
struction
building known as 2701 North Pulaski Road,
two-story and partial basement brick building and
water
a
machinery
common
and interest.
.
recognized
are
machinery fcr bottling carbonated beverages, loading
The building which has an
appraised value of $120,000
The
;
is
.
1948
Oct.
have
the
owns
Mr.
bought
oranges
necessity of conserving working capital since the company has initiated
during the last two years e, program of plant expansion in order to
incorporated Feb. 27, 1948,
Illinois and has its prin¬
Chicago.
there
.
for
"The
ment,
Catholic Bishop of Cleveland
(Ohio)—Bonds Offered
—-McMahon & Hoban,
Inc., Chicago, are offering $750,000 serial
.(2%-4%) notes at 100
of $50,000
Already
have
boxes .of
concentrate.
the
grape
Moone,
Dec.
on
;Generoso
was
business in
do
company's product
which
contains
com¬
of
this issue and admitted to
listing
two shares of new common in ex¬
of
was
this
distribution,
Company
Chicago.
It
par
opening
ing
by the company to
industrial plants and large
offices, and the company is actively engaged
in
expanding this program.
*1,017,931
exchange for
the
on
that
potential
vending machines
Capital City Products Co.—New Stock Listed—
mon
machines for
large
2004.
p.
to
to
water
weeks ended Sept.
share
office at 2701 North Pulaski
Road,
Company manufactures and sells a carbonated beverage known as
Pepper, which is a soft drink having a natural fruit base.
It is
bottled in 6V2 oz. bottles and is sold to
grocery stores, confectionery
stores, liquor stores, public schools,
hotels, taverns, night clubs, hos¬
pitals, concessions, industrial plants and restaurants. The use of vend¬
$125,579
*54,285
*166,24*4
railway
BUSINESS—Company
Is licensed
juice
concentrates
I.
ordinarily payable
Dr.
From Jan. 1—
Gross
It
J.
Colonial
speculation.
a
cipal
1945
'
*100,676
income—.
oper.
1947
$226,152
°42,173
"100,623
railway.—_
railway
Delaware.
as
juice
company
The
stock (par $1) at $5 per share. The stock
being offered
approximately
concord
introduced
29,
four
-
5.691.729
from
from
Net
<
732.624
October—
Gross
...
4,085,605
Canadian Pacific Lines in
i f
be
barrels
.
common
2,000,000
-
fruit
2116.',
Nov.
'
the
4,407,935
915,395
4,744,825
income.—
oper.
authorized
3
"1,022,838
railway
railway——
from
Dec.
Fla.,"
Colon Development Co., Ltd.—Production—
Chicago Dr. Pepper Bottling Co.—Stock Offered—Rod¬
ger, Kipp & Co., Chicago, are offering
30,410 shares of
Gross: .from
Net ry.
on
,
216,631
128,361
*"
From Jan. l—
Net
will
P-
.;
company to issue not exceeding
$40,000,000 refunding and improvement mortgage 3%%
bonds, series H,
to be sold at 98.65 and interest and the
proceeds used for working
capital.—V. 168, p. 2223.
1945
*105,498
income-—.
cper.
1947
.■
ICC
the
orange
much
as
months,
The
Chesapeake & Ohio Ry.—Bonds Authorized—
The
Maine—Earnings—
Dunedin,
frozen food company also will introduce
pure grapefruit juice
grapefruit and orange juice blend concentrate in certain key mar¬
kets the latter part of January, he said.
The giape juice concentrate
939.
p.
Canadian Pacific Lines in
at
and
net
on
produce
Crop's
announced
$4,382,157.
1,102,000
income... Based on, balance available for dividends
and surlus, these earnings per share
are $2.27 and $3.81 for the
three
and five months,
resectively.—V. 168, p. 1252.
.
above
Snow
500,000
subsidiary
juice.-
frozen
125,000
,
4,301,218
The
div'dends
common
250.000
75,000
replacements—
prop,
5,260,325
acquired
that
frozen
of
times
orange
150,000
„
4,502,705
3,681,678
Inc.—Subsidiary Expands—
newly
noted
will
Crop
$5,257,157
i__
from
6,313,026
5,602,585
said,
Metcalf
three
outstanding—rj
per
"Based
9,917
in
avail,
•Earnings
$68,664
•
,8.728
depreciation
Balance
Common
28,250
$54,152,
s
12,3321
:■>
.
18,050
-
$26,257,
55,812-.
ha
-
663
,
$3,762.
expenditures—
for
$328,744
260,342
gen'l cxp.>,_
Provision for taxes
Capital
Res.
Crop's
containers
3 Mos.
6,540,697
5,848,948
income—.
oper.
Clinton Industries,
$3,136,342
Approp. for poss. future inv. decline
256,654
11,271,622
-
'
income
Net
Approp.
$276,961
Operating costs
-:
1945
86,668
$2 79,368
(gro_c).
570,052
10,996,814
Industries,
of underwriters, etc., see
Champion Paper & Fibre Co.—Earnings—
'
milled
product.
541,652
14.406,793
Crop Marketers, Inc., a 51% owned subsidiary, has just connegotiations with the Florida Citrus Exchange for the initial
purchase of 2,000,000 boxes of premium quality oranges for
processing
into frozen orange juice
concentrate, C. W. Metcalf, Chairman of the
board of Snow Crop, disclosed on Dec.
7,
"These oranges will be processed in the plant of Juice
The underwrit¬
(Including subsidiary)
Period Ended Sept,
30, 1948—
543,415
168, p. 2321.
Mr.
J
323,187
eluded
during the subscription period so
public offering 174,682 shares.
V. 168, p. 2223.
168, p. 1141.
$916,897
Snow
common
for
offering,
1945
$1,293,580
591,424
a
purchased at $10.25 per
stock not subscribed
244,604
551,322
$975,248
tak
Net
•
which
271,787
459,055
213,936
Pedc-rai inc.
headed
610,306
16,206,184
from
railway
from railway
Net
Co.
1946
$1,553,236
619,823
income
oper.
1947
$1,570,918
From Jan. 1—
Gross
—V.
£38,731
Depletion
—V.
$3,628,961
ry.
railway
railway
from
Net
made
was
1948
from
Net
$10.25 per share.
was
297,150
—
Clinchfield RR.—Earnings—
October-
Gross
subscription price
to
482,053
Lehman
Total
Monday, December 13, 1948
The offering which was on the basis
share of stock for each 10 shares held
Nov. 18, and expired on Dec.
3, The
one
515,980
157,204
Non-recurring income
CHRONICLE
subscription to holders of the company's common stock,
323,949 shares were subscribed for by holders of sub¬
8,294,733
•
FINANCIAL
South West Corp.—Stock Subscriptions—Of
the 659,606 shares of commonjstock,
(par $5) offered for
1945
exps.
taxes
corp.
1947
-.
&
Central &
$22,854,332 $19,084,854 $13,237,418 $10,211,131
18,192,800
14,325,220
9,642,196
costs
del.,
and
1948
so.d__
COMMERCIAL
$600,000
these
Bank
of
from
to
from
the
issue
time
renew
issued
was
and
Fort
to
the
date
to
on
other
Worth.
the
two
of
$1,500,000
this amount,
notes of
13,
Oct.
bear
1948
to
Tho
7,
1948
to
The
interest
at
2J/4%
issuance.
other
time
Sept.
on
Both
issue
Of
outstanding
$900,000
prior
to
of
notes
authorized
and
including April
outstanding and pro¬
posed notes will be used to reimburse the
company's treasury for
expenditures for the construction,
completion, improvement and ex¬
tension of its facilities.—V.
168, p. 2117.
30,
1949.
The
entire
principal
amount
of
the
,
Volume 168
THE
Number 4759
-
*■
Compo Shoe Machinery Corp.—Acquisition—
solvents.
The
$25
'
Observing
of
that
the
additional
that:
"The
plant
business
and
financing,
'
Paul
H.
The
should
processed
present
to
^
-
*
.
j
j
Debentures
Exchange
'
Lighting Common—
Ralph
would
H.
Tapscott,
seek
of
•
issue
to
announced
19*8,
9
that
the, company
debentures.
Mr.-
Tapscott said»the debentures would be -offered in voluntary
exchange for the-proposed common stock- of the xconsolidafced Long
Island Lighting Co.
At a special meeting Dec. - 8; the board of trustees
•
.
of Consolidated
with
the
bodied.
Edison authorized
Public
Service
"
•
• ••
the
filing "of
Commission
•»
-
>•
•'
--
in"
amendatory petition
the
proposal - is em¬
• ■ •
■*" • ■ • •
an
which
v
-
„
with
Principal—
provision
transitory
a
-
Net
.
ry.
of
t
Gross
less Cuban tax
amountvfeg to $12.40
to holders of record at the
Nerw
Stock
York
close
:
The offer is subject:to the "approval of the Commission and. the SEC.
.The petition is not the actual Offer.'. The offer will be"made^ through
■»
effective • under the' Securities "Act'of'igssr'-7"'".-'
prospectus
Exchange -directs
business
the
that
21,
Dec.
on
bonds
from
*
A
In
Period End. Sept. 30—
This
Lighting,
plan
calls
consolidation
for
Queens
Borough Gas &
companies
into
a
single
Lighting
of
present Long Island
and Nassau & Suffolk
plan,: the
consolidated *Long
outstanding 2,417,377.4 shares.
This
present
Island
the
of
terms
the
108,
Transfer: agent,
HISTORY
45,973
exchange
Amount of
The
•..,
offer
proposed
stock
the
of
Electric
consolidated
the
Prov. for
,
Federal
ticular,
Edison,
terms
$442r799
224,400
20,524
18,536
13,598
38,166
14,963
16,098
25,986
of
be used fbr the purpose
funds.
Lighting, Queens Borough Gas &
Lighting, or for common stock of the
Company.
If the
consolidation of Long
if
of
90%
total
the
number
shares
of
The
the
P.
the
of
,,■.••■.--v
debentures.
of
.
-
the
on
to acquire control
filed Sept. 21, 1548.
was
been
.
presented
were
Commission
meeting
early -in 1949
in
deposited
41,175
issuance
19,056
26,081
'
75,322
25,215
2,100
deprec.& deplet.
Cr2,100
of
•
>>:
•
Dec.
10,
Net
.
taxes...
4
•
3,361
deductions
:
•
$64,443
$82,498
"
17,248
Net income
*
petition
the
of
Long
After
V.
168,
'
the
of
common-
$05,250
•'
10,037
deducting loss
2224,
p.
,
.
sale
on
-
Dec.
$90,658
capital
stock
■!
This
Earnings
per
—V.
p.
168,
charges and taxes____:.______
1,417,096
8
announced
that System
stock
<
1,292,526
$3.39
-
the
Sales
Profit
before
taxes and
Fed.
inc.
common
stock to
The
<
2,461,528
5,801,125
total
562,864
1,341,299
*3,244,231
the
§6,961,413
have
trustees
payable
distributions
of
all
the
directors
issued.—V.
be
168,
*465,315
Dec.
of
20
declared
year-end
a
24 to stockholders of
cents previously made
Consolidated
Partial
Liquidating Corp;
■"*
taxes
&
int.
minority
in sales and $606,000 in net profit after Fed¬
minority interest resulting from retroactive
price increase applicable to the year 1947.
;
•
I .
JLoss after applying a. tax credit 'Of $5,570,000 determined
under
the
carryback provisions of the Internal Revenue Code snd after
same
as
corporation
Liquidating
income
transfer
has
authorized
the
third
partial liquidating distri¬
to be payable on Dec. 27
to holders of record Dec. 10. -This issue will not be quoted ex distribu¬
tion on the New York Curb Exchange until Dec.
28, 1948.
bution
of
$5
on
the
taxes
of
trustees
The
and
$940,287 from the
have
payable
share,
Dec.
distributions
the
i
Stock Fund—33-Cent Dividend—
declared
of
10
year-end
a
dividend
cents
distributions were as follows; $10 per share on
and $20 per share on Nov. 12, 1948.—V. 168, p. 1797.
1948,
per
.
current
Period End. Sept. 30—
October—
taxes
Portion
of
.
payment
annuity fund
fPortion
gas purchases
.
Net
/
oper.
Gross
,
Interest
Misc.
72,000
_______
from
Net
ry.
$10,540,863
$12,662,858 $12,771,130 $14,781,389
371,251
18,464
376,429
67,301
______
deductions
Net income
37,982
129,150
from
Net
50,374
$10,102,311 $12,606,412 $12,265,551 $14,705,469
____
outstanding end
of period
Net
income
.
—V.
168,
3,274,031
*3,274,031
to
the
annuity
reduction
in
$3.85
$3.75
Net
fund trustee
Federal
Federal
01,444,393
8,174,473
12,912,321
3,979,829
■
3,416,819
Rio Grande Western RR.-
from
from
Net
ry.
2,409,486
1,236,091
1,020,683
168,
!
income
47,745,803 '
56,719,356
16.811,203
10,474,622
___,
—
income
for
which
1946,
taxes
is
equal
attributable
to
thereto;
the
estimated
remainder
was
income
taxes
attributable
thereto;
remainder
was
Edison
stockholders
45;855,538
•
7,342,724
4,001,628
11,468,054
6,629,491
Co.—Subscription to Debentures—The
for $44,671,000 3% convertible
subscribed
debentures, due Dec. 1, 1958, offered to them at 100 for
Subscription rights expired Dec. 1.
unsubscribed
The
portion,
to
time, either on
over-the-couiiter market.
—V.
will be sold to investors from
York Stock Exchange or on the
$1,970,400,
the
New
v
,^ons(^®dated Retail Stores, Inc.—November Sales—
Period End. Nov. 30—
Sales-,.
$3,421,425
—
168,
L
1948-rMonth—1947
1948—11 Mos.—1947
$3,221,787 $31,564,245
$27,934,046
2005.
p.
78,270
will
6,
be
N.
Y.f
authorize the issuance
of
the time
the
amounts
Chase
of
borrowing,
the
notes
the company
to be issued
said.
proposed by
as
National
Securities
p.
and
Exchange
Commission
Approved
2224.
-
having
•
-f
Electric Power & Light Corp.—Weekly
the
week
this corporation
Light
ended Dec.
2, -1948
Input—
the System input of subsidaries of
amounted to 75,860,000 kwh., an increase of
kwh., or 20% over the corresponding week of
12,645,000
last year.—V. 168, p. 2323.
capital
to
up
11
a.m.
(EST),
15.—V.
Dec.
168,
p.
Electrical Products Securities Corp., Houston,
2322.
Texas—
Files With SEC—
r,; i
it-
Consumers Power Co.
Period End. Oct. 31—
Gross
revenue
Operating
Prov.
1948—Month—1947
depreciation..
$77,560,213
47,380,207
40,152,517
8,140,333
taxes
Federal
income
Gross
7,473,083
629,750
prem.
and
25,000
852,103
825,637
218,811
J 3,998,580
3,798,790
8,034,934
Net
Net
$225,077
$199,268
113,660
income—
61,524
107,903
58,456
1,855,269
oper.
ry.
1947
railway——
railway-
from
from
1945
/1946
$153,201
$95,159
57,707
16,979
'
37,650
Crj
346,413
4,148,312
3,522,852
36,211
-v
Net
from
Net
ry.
railway
1,128,370
831,903
656,774
358,321
312,008
114,743
496,956
income—:
oper.
168,
172,308
35,911
'•
847,602
railway
36,349
434,732
446,170
90,532
30,356
742,755
133,958
'
1948
October—
Gross
from
from
income
on
$988,529
pfd.
Stock
$984,644
$14,139,748
205,420
280,754.'
2,766,526
$14,049,013
.
2,465,193
Net
ry.
Balance
—V.
168,
$707,775
per
p.
common
-
$779,223
shareT;__i._;_™^______
2005.
-
$11,373,222 $11,583,820
$2 76
«
$2 81
oper.
income—
1947
248,411"
1946
1945
$420,242
175,228
$244,557
The
63,876
88,648
58,438
55,799
5,702
5,459,790
4,550,266
3,496,343
2,112,522
1,402,373
689;349
376,262
3,385,468
1,508,141
' ; 444,348
bidders
from
Net
from
Net
ry.
—V.
railway—
cper.
168.
99.620;
.
railway—
P.
income—
2322.
2,664,128
895,318 ::
-
*
'
according to
Kidder,-Pea:
was
awarded Dec."! 8 .on
a bid
of -99.21.' Four-ottrer
competed W the'sale'.' Bidding fW the certificates a§ 2^8,
issue
Cd:;'!InJand L&rian Brothers, (Ibiptly) offered
SalombiiP'H^ fr'Hu!tzler>,9KS2B. V - '
, .
^
■
StuAW'fc Co. Iuc? bid 99.141L lor 2'As: Harris, Hall & Co.
-Harrhnan'Ripjey1 ik'
'
From Jan. 1-—
Gross
Earnings
priced to yield from 1.50% to 2.55%
Associated in the offering are
body & Co. and Dick & Merle-Smith.
maturity.
$474,639
200,389
'
$558,798
railway—
railway—^
*
Net
Boston
8,
were
Detroit & Toledo Shore Line RR.—Earnings—
Net
Dividends
Nov. 29 filed a
RR.—Equipment Trust Certificates OfferedT--The
Corp. and associates offered to the public
a new issue of $4,850,000
% equipment1 trust
certificates maturing Dec. 15, 1949-58. The certifiers,
Dec.
2006.
p.
on
Erie
First
$1,337,049 $17,980,037 $17,884,078
344^429
debt
from
company
6,587
1,508,477
■
Gross
—V.
disct.,
expense..
deductions
300,000
[7,758,070
$1,278,636
-
debt
of
25,000
taxes__f
long-term
on
Amort,
"
]
income
Gross
,
The
From Jan. 1—
plant acqui¬
adjustments
General
Other
$85,557,227
3,747,255
688,083 '
1948
October—
1948—12 Mos.—1947
$6,564,691
4,278,749
of
sition
Int.
Earnings—
r
letter of notification with the SEC
for lOO shares of preferred (par $100); $50,000 of 9-year enhancement
bonds, $35,000 of 10-year 8% convertible bonds <and 500 shares' of
common stock.
Underwriter i$ Trustee Securities Co.—V. 168; p.' 1254.
Detroit & Mackinac Ry.—Earnings-
$7,122,571
4
expenses
for
Amort,
,
and
include:
168,
For
Purchase of Stock-
& Railways Co: is Inviting bids for the purchase
stock of the company belonging to the seller. Bids
received by the seller at Room 1730. 165 Broadway, New York
United
The
of
effect at
*
.credited to earned surplus.—V. 168, p. 1040.
Bids for
to
approved the
payment on Dec. 24, 1948, of one share of Carolina Power & Light
Co.
no
par common stock
for each 60 Electric Bond & Share Co.
common
shares held of record, at the close of business on Dec. 2,
1948, the New York Curb Exchange announced on Dec. 3 that Electric
Bond & Share common stock would be-quoted ex-dividend on- Dec: 6,
1948.
'
^
Cash is to be paid in lieu of fractional shares of Carolina Power
& Light Co. common stock at the rate of 50 cents for each l/60th
of a share.
All certificates for Electric Bond & Share common stock
delivered after Dec.
2
in settlement of
transactions made prior to
Dec. 6
must be accompanied
by dug bills for the dividend, the Ex¬
change announced. These due bills must be redeemed Dec. 27, 1948.
each 15 shares held.
time
in
Paso
The
1901.
p.
Detroit
the FPC
Electric Bond & Share Co.—Stock Dividend
1,511,958
railway.—
29 asked
.
$5,560,108
railway.
Nov.
1946
1947
1,979,102
income-——1,317,326
oper,
on
in promissory notes to be issued on or about Jan. 1, 1949,
nine months hence.
Interest would be at the prime
matare
Bank New York, $750,000; Irving
Trust
Co.
New
York, $250,COO; State National Bank of, El Paso,
$250,000; and El Paso National Bank, $250,000.
The proceeds would be used to
reimburse the company for past
construction expenditures and to provide funds for the construction
From Jan. 1—
Gross
-.1948—11 Mos.-r-1947:.
program
currently in progress.
The company plans to refund the
promissory notes with permanent financing prior to the maturity
date, according to the application.—V. 168, p. 2118.
1 r
$5,870,075
railway——"——
ry. .pper,
company
to
Banks
El
-Earnings—
1948
>
railway—„—1 $7,094,050
—
$5,740,560 $66,300,641 $62,877,790
>
$1,500,000 Promissory Notes—
rate
1797.
from
from
Net
$4.49
charged to deferred debits to be amortized over a 10-year period from
1, 1946.
tRepresents that portion of a refund received on gas
purchases applicable to prior years which is equal to the estimated
in
9,178,597
October—
Gross
Jan.
increase
57,023,573
14,172,857
6,710,435
18,560,109
1948—Month—1947
$5,677,769
2007.
•
3,274,031
$3.09
'Represents that portion of payments, aggregating $1,244,000, made
f
764,583
256,112
66,667,732
76,509,553
p.
per
El Paso Electric Co.—Asks FPC to Authorize Issuance
and
$5,378,972
836,550
p.
of $1,500,000
v
1,446,382
1,236,302
income—
Denver &
—V.
.
3,274,031
share—
per
1945
>
$6,650,377
2,336,129
railway-
opor,
cents
from'investment
compared with 55 cents for~1947.—V. 168, p, 1693.
payments
as
——-
168,
The
$7,382,435
1,570,557
: 755,044
$8,113,596
income—.
1946
1947
'
railway-
from
ry.
25,546
*
Shares
.
railway___.
railway
oper.
Net
:
y
of
From Jan. 1—
Gross
Crl,072,000
$10,337,752 $12,498,024 $12,523,736 $14,516,798
203,111
164,834
247,394
264,591
_______
charges
*490,000
—V.
on
_____
income
Net
Net
_______
income
4,162,713
to
revenues.
Other income
4,887,790
3,213,368
___
refund
of
3,639,362
_
Sales
Western RR.—Earnings—
1948
from
Gross
total
share,
Period End. Nov. 30—
"
Operating revenues
Other
;
,
Delaware Lackawanna &
1948—12 Mos—1947
$75,864,672 $70,191,996 $99,842,984 $90,917,049
Purchased gas
24,870,621
34,071,791
28,389,132
20,940,879
Operating expenses*
26,309,914
22,413,108
19,764,902
29,993,275
Maintenance
:
4,314,651
5,721,460
4,454,095
3,283,809
4,098,014
Deprec., deplet. & amort.
5,258,178
5,437,397
6,734,932
Fed. taxes on inc. (est.)
5,838,000
8,229,000
5,031,000
6,393,000
30,
current
•
Subs.)—Earnings—
1948—9 Mos.—1947
at Sept.
as
brings
33
Edison Bros. Stores, Inc.—November Sales—
.
assets
1948, were $136,947,457
liabilities (including provision of $7,510,371 for dividends
payable before
the year-end)
were
$45,081,697.
Total capital and
surplus (after providing for dividend of $7,510,871 payable before the
year-end) was $109,282,941.
As ot
Sept, 30, 1948, unfilled orders amounted to $134,200,000.—
V. 168, p. 2322.
;
'
'
'
' .
and
.
Consolidated Natural Gas Co. (&
this
r cents per
of
Dec. 15.
Including
made each quarter,
income for 1948 tb 63
of record
share previously
stockholders
to
24
for postwar conversion,
reserve
•
NOTE—Total
stock
common
liquidating
Previous
Sept. 25,
share
per
.
from investment income
paid for 1947.—V. 168, p. 1693.
Eaton & Howard
'Including $1,010,000
eral
SLoss.
The
v.
as
Net profit after Fed. inc.
-
.
are
dividend of 40 cents per
record Dec. 15. With, the
each quarter, this brings
for 1948 to $1 per share,
♦
Dividend—
officers
and
2118.
p.
payments
-
837,420
minority int.
200,000 shs.
80c)_—L—
names
Outstanding
175,000 shs.
S.
share,
Sept. 30
1947
$24,121,701 $26,258,618*$73,838,698 $58,828,994
1948
O.
'
Eaton & Howard Balanced Fund—40-Cent Distribution
9 Mos. End.
—
th^
otSL
upon
follows:
is as
Authorized
The SEC on. Dec.
2 approved company's
proposal , to amend its
articles|Of incorporation so <ws to substitute for all of its authorized
.and outstanding preferred stock, consisting of 100,600 shares of 7%
preferred'stock (par $100) 100,000 shares of common stock (par $100);
Consolidated National'Gas Co. as owner of all the outstanding capital
stock of East Ohio, consisting of the above preferred stock and 415,000
shares of common stock will surrender such preferred stock and acquire
-Earnings—
Subs.)
outstanding
be
to
offered,
now
East Ohio Gas Co.—Changes Stocks
..
-
Sept. 30,'48 June 30,'48
output of electricity
<■
$3.71
""
Curtiss-Wright Corp. (&
'
1947
1948
share
249.
f.
•
$10,070
$35,987.—
$24,705,052 $24,647,622
income after
Net
Quarter Ended-
on
23,111
•
securities? amounting, to
of
Years Ended Sept. 30—
(electricity generated and purchased) for the week ended Dec. 5, 1948,
amounted to 235,500,000
kwh., compared with 232,000,000 kwh. ior the
corresponding week of 1947, an increase of 1.5% .
Local distribution
of electricity amounted to 219,400,000 kwh., compared with 212,800,000
kwh. for the corresponding week of last year, an increase of 3.1%.
—V. 168, P. 2321.
-
Rudman, Director and President, University City, Mo;
Frank
Thomas,. Jr.,.- Director and Vice-President, St. Louis,- Mo.;
Harry :A.vBobroff, Director and Secretary-Treasurer, University City,
Mo.; Julian M. White, Director, St< Louis County, Mo.r—V-. 168, p.1041.
?
.
,
$46,406
-
•
(par
MANAGEMENT—The
$37,986
27,916
$113,769
.
company
*JDr31,729
,•
Net
\
!
stock
Common
$69,715
5,501
-
■
system.
the perfection of this
1
Cunningham Drug Stores, Inc.—Earnings Higher—
,
at. a public hearing
Consolidated Edison
Island
standard
proceeds will be added to the company's general
CAPITALIZATION—The
.
Consolidated
Edison
stockholders
will
be
approve
the convertibility of the proposed
to
'•
4,936
•
$108,268
$61,082
$77,562
«
earnings
Int., & other
,
of
*-•
--
a
d"#
PURPOSE—^The net
3,625
55,845
.'
18,584
income
accordance
Weekly Electric Output Increased 1.5%—The
•
offerf;will-last'for 120* days .unless extended, by
•
*
proposal
S.
shares-have
converting
of
1947.
follows:
the
special
called
y
for
Island
authority
petition
A
certificates
of
(J;
in Missouri
incorporated
in the manufacturing^ sale
"Dynacycle Units," .ports and motors^ «nd, 1» p«K-
tetns, dies and the working model' were actually-and physically trans¬
ferred to the company immediately after its organization on Sept. 29,
•
the
Edison.
of
before <the
for
deposit
Stock;
160,share. v;
—
St. Louis, Mo.
was
devoted ad of-its activities primarily toward
has
_
and
of
of
the offer.
Details
1
Island
more
or
Consolidated
:
the
*22,036
par) at $5 per
BUSINESS—'Company
unit to
a
218,250
Net operating income
Non-operating income--
•
stock.
281,252
unit, which-is commonly referred to as a "Dynacycle Unit" and tfhifch
includes a -motor and alL parts necessary to metorxze a bicycle.- Alb pat-
principal
$11.58
common
consolidated 'Long Island shall be deposited
offer.;?, it swill become effective;- Consolidated
however, has the right to declare-the-exchange effective when
the
.two-thirds
with
such
of
3,539,813
680,227
465,437
1901.
p.
Mutual Bank ft Trust Co.,
A9U9
and distributixin
$428,296
General taxes
Suffolk
final
stock
common
under
share
for
provide
Long
&
Long
becomes
each
for
will
present
Nassau
or
Tsland
offer
of ^approximately
basis
the
on
debentures
such
15,908
3,476,440
*
4,533,378
859,295
423,897
.
.the
46,431
bicycle unit into a gasoline powered bicycle.
Since the time of its In¬
corporation, company has developed temporary dies and patterns and
12,336
$335^552 /•"
1945
$343,513
78,301
1947 for the purpose Of engaging
Sept. 29,
170,170
'4
•
1946
$432,445
'
would have
shares would put
number- of
.
1947
060 shares of common stock
1948—12 Mos.—1947
' -
"
income
Deficit.—V.
158,335
'
Non-produc. well drilling
company
v
been
$521,407122,492
71,534
-
5,365,928
1,073,943
652,118
railway—:
railway
oper.
•■J 13,238
$319,481'
Operation
Maintenance
the
Electric
unit. - Under
71948—9 Mo*.—1947
Revenues
reorganization-plan foir the Long Island system has been approved
part by the P. S. Commission .and is pending before the
major
SEC.
has
Corp.,
Offered—White & Co., St Louis, in October offered
Cumberland Gas Corp. ,(& Subs.)—Earnings—
•,
Distillers
Dynacyele ManufacturingSt. Loute, M».-
at
1948.
quoted
be
from
ry.
~
'
'
Frankfort
2322.
"
,
,
p,
$590,312
173,192
120,011
—
income
oper.
Net
withheld
to be
of, $0.72
of
railway
railway—_x—
Net
"flat," and the bonds, to : be a delivery in settlement of Exchange
centraets made beginning Jan. 5; 1949, must carry the July I, 1949,
and subsequent coupons.
Interest is payable on the bonds, at office of The Royal Bank of
Canada, New York, N. Y.—V. 168, p.^2006.
•
.
V
.
;
t
...
of
168,
From Jan. 1—
•
*
$4,986,443
y
$b,244,461
r
1948T
from
from
ex-interest < $5
per$l,OOObond oik Jan. 3, 1949; that the deposit
receipts be quotedr ex ^32 01 per $1,990 deposit receipt on Jan. 3, 1949;
that the
bonds -and deposit
receipts shall continue to be dealt in
a
President
Slater,
October—
deposit
The
Dec.
$1,318,440
-
director.—V.
a
Gross
receipt,
"part-redeemed," for $1,000 original principal
amount of sftld bonds ($2.98 interest payment; $16.63 paincipal pay¬
ment and-$11.66 ea«h paymentin lieu of participation ceiciiicates for
Island
D.
Net
per $1,000 bond on surrender of the Jan. l, 1949, coupon from
first mortgage 5%
50-year gold bonus, due 1952; and of $31.29
source)
$28,000,000 convertible
$1,551,100
2006.
Duluth South Shore & Atlantic Ry.- -Earnings—
$5
per
Long
for
accordance
the
,
President-
authority
Ellis
elected
the Constitution of
Cuba, the procedure for deposit, and the plan for issuance of partici¬
pation certificates, payments will be made on Jan. I, 1949, of interest
,
in
p.
168,
17.7%
1948—4 Mos.—1947
its
Cuba Railroad Co.—Payment on
Consolidated Edison Go. of New York, Iite.— To Issue
Convertible
—V.
1948—Month—1947
•
^
corporation
In
customers,
1920.
p.
Sales__;
•
substantial
realize
cement
Diana Stores Corp:—November Sales Increased
Period End. Nov. 30—
been
has callled tfor redemption on Jan. 7, next, 10,000
outstanding $3 prior preference stock at $55 per share,
plus accrued dividends of 80 cents per share.
Payment will be made
at the City Bank Farmers Trust Co., transfer
agent, 22 William Street,
New York, N. Y.—V.
168," p. 2117.
"
*
without the
President, of Compo
*
corporation
own
has
York
New
2321.
p.
shares of
profits from the sale
including .lessees
and
others
who
use
'Compd Brand' cement in the production of
more than 70,000,000 pairs of shoes
per year; in addition to obtaining
the business
and
goodwill enjoyed by the former owners."—V. 167,
its
of
168,
of
Cooper-Bessemer Corp.—Partial Redemption—
;
acquired
was
Mason,
»
Trust, Co.
Midland
5
(2429)
Distillers Corp.-Seagrams, Ltd.—New Director—
newly-acquired
need
par
—V.
contains
■states
CHRONICLE
FINANCIAL
appointed
agent for 139,928 ■ shares of 5% cumulative preferred stock
value and 999,574 shares of common stock $2 par value.
transfer
plant was built less than
three years ago
equipment especially designed for the manufacture of
cements and coating materials.
Total capacity is approximately 2,000,000 gallons per year of solutions of various types.
and
Marine
The
corporation announces that it has purchased the
equipment of the H. & C. Laboratories, Inc., located in
plant and
Mansfield,
Mass., for the purpose of manufacturing chemical compounds, solu¬
tions and similar products for general distribution as well as to
supply part of the corporation's own requirements for cements and
&
Continental Copper & Steel Industries, Inc.—Tr. Agent
-
The
,
COMMERCIAL
Halseyr
•
tlhc.IcOfftred-99.049-for
The certificates are-'S€*ure«l1»y equipment costing $6,066,544, representinar a cash eouitv of 20%K-V.
168.^ p. 2323. "
*' >
-
C
to
Mar-
Fairchild Camera & Instrument Corp.—Expands
Is
It
line
complete
At
corporation is expanding its markets
high-fidelity professional sound
this
that
announced
the
and
will
$1,848,474
income
Federal
1 300,303
1,029,830
11,561
155,386
6,333
79 347
76,000
15,457
9,818
152,254
149,183
3,388
6,364
60,203
under
FOR
the
59,555
before
,
,
class
Final
proposal.
FISCAL
YEARS
ENDED
profit
land
$10,281,109
925,347
91.5,571
358,400
241,633
$563,938
$4.90
$4.83
—
—l
*
—
1947
$566,947
—
per, class
share
B
:
—-
"Alter
providing
'
2007.
P.
for
dividend
$3
a
the
on
,
class
stock.—V.
A
'
,
assembly of the Holden is being
existing assembly plants in each of
pany's
20
SEPT.
taxes———
taxes
dcor
share.
per
change
152,893
6,66 i
$37.50
to
par
outstanding 25,442 thures.
in relative participation rights of the
were
no
shares
inccme
"Earnings
$1,518,187
£7,077
no
irom
sales
Net
11,212
—
!
t
share presently held.
changing the par value of thb author¬
stock
Monday, December. 13, 1943
The Holden,
the first car designed specifically to meet Australia's
motoring needs, is currently being produced in one model, a fourfive-passenger sedan, and has a
103-inch
wheelbase
with
an
overall length of 172 inches.
It has a curb weight of
approximately
2,200 pounas and is of integral body-frame construction.
each
on
A
$12,381,171
Net
Net
1948—12 Mos.—1947
101,158
revenues
be
CHRONICLE
1948
Fail River Gas Works Co.—EarningsOperating
Operation
fcr
class
of
RESULTS
recorders,
transcription
tumcablis, cutierneaa.s,
pickups, and a unitized amplifier system.
New products, including
a
high-fide;ity professional studio tape recorder, are scneduied to
go Into production shortly.—V, 168, p. 1360.
1948—Month—1947
$145,804
$124,260
shares
class B
transportable
Period End. Oct. 31—
exchange
stockholders will vote
Sept. 30. there
A
equipment,
sentation.
in
issued
40.0C0
There
Fairchild
of
and is seeking additional export market repre¬
The company is now offering for export sale studio, console
recording
and
be
Th6
ized
FINANCIAL
&
'
kets—
for
COMMERCIAL
THE
(2430)
capital
cities—the
Biricenhead
plants
(Adelaide),
tions
will
ville,
South
be
Perth
concentrated
General
168,
opera¬
Wcod,
Co., Inc.—Earnings—•
1948
1947
1946
1945
$6,139,628
$5,954,143
$5,275,918
$4,824,462
4,790,708
4,646,201
4,105.875
3,705,944
$1,348,919
$1,307,942
Dr58,622
$1,170,042
$1,118,518
7,427
$1,356,347
$1,249,320
$1,145,110
204,018
264,518
246,882
427,000
374,000
378,000
767,000
$625,329
$610,802
$520,228
$132,780
$0.98
revenues—.
$0.95
$0.80
u
'
1
(Sydney),
Manufacturing
Bend, Victoria and
2119.
p.
Outdoor Advertising
9 Mos. End. Sept. 30—
Operating
Expenses
Pagewood
Brisbane.
and
168,
carried out in the com¬
the live Australian main¬
Melbourne,
Fishermen's
at
Australia.—V,
at
.
Maintenance
Retire,
_
___
accruals-..
res.
Geneial
taxes
Federal
income
taxes..
/
General American Investors Co.,
This
proiit from
Net
$7,921
income
$3,106
$100;917
$50,656
5.386
income
oper.
Non-optr.
10,023
68,048
period
84,453
meti
.
ended
income
Deducts, from
$13,317
$13,129
4,737
1,011
33,116
$12,117
$135,849
gross inc.
losses
$135,109'
$1£8,965
the
8,697
Nov,
during
income
Earnings
—V,
_
$8,580
.
after
1948,
year
share capital Stock
per
168, p.
$126,413
$2,05
As
:
■
.
,
I
i
.
.
'
,
Dec.
3.
the
declared
directors
per share; payable Dec,
Including this dividend,
a
as
in
compared
with $1,50
First. Discount
24
.
year-end
a
stockholders
to
total of $1.50
1947,—V,
168,
South
Corp.,
dividend
of
will
record
have
of
70
1948,
in
Sept.
2,
engage
1937.
in the
Almost
all
Bank .&
Business
general
sold
Trust
Co.
corporation
carry
on
in
in
their
Pr.or
to
the
time
Columbus
active
and
corporation's
basis
fee
loan
Loan
First
business
Co.,- was
Michigan.
in
branches
'
.
maintained
corporation
well
maintained
are
branches
in
Dayton,
the
,
and
through
loans
,
its
proceeds
will
be
used
purchasing instalment
ind.viduals
directly by the
subsidiaries,
to'the
and
corporation
to
and
for
the
A
corporation
and
its
TO
PRESENT
Authorized
4V2
subordinated
,c
5%
cumul.
Common
debentures
preferred stock
stock
($100
$50)
(par
'
4,000 shs
2,000 shs*
•
OF
Operation
on
314,381
399.283
for
losses
24,351
notes
payabletaxes—
for
1946
$499,056
expense
Provision
Int.
Reserve
1947"
$408,620
than
,
45,447
v
13,200
•:
6.906
4,075
$10,353
Nov.
after
30
—V.
$9,649
_
4,070
__
2118."
168, p.
$8,290
-
(M. H.)
>$822>013
of
$7,479,879
Corp.—Paying Agent
Guaranty Trust Co.
agent
and
of
New
3'/4%
has
registrar
the
Robert
H.
been
the
Wigton-Abbott
to
the
whom
for
Taylor,
to
York,
trustee
issued,
these
has
bonds.—-V.
Vice-President,
by
&
weekly,
under
also
of
been-
hundred
Earns, per
than
»■,
the-
which
outstdg.—
during the past
in
than
65
in
charge
of
sales
been
works
168,
168,
p.
expenses
and
retire
Corporations
shares
of
in
SftCk dividend of
20->
$13*
and
the
of
New
perf" ^ing issued by
of
California for
the
State
of the
in
York
Curb
rules
that
the
new,
•
will
plant
Dm.
on
6°f 1949
20-to-holder.
Sept.
20
quarters.
A
as
of
no
par
dividend
record
90
with
cents
Dee.
20
was
of
10.
cents
paid
25
with
States
the
and
total
yeav
to
A
in
similar
each
°n. D.ec' 21 w111 vote
stock
value,
(100,000
to
payment
of
during 1947.
Stk.
the
two
in
Canada
total
of
is
variety
pointed
than
and
the
new
is
11, 039,210
14,934,571
18,741,612
19,677,899
.
$14,134,023'$14,934,571
25,946
,«
■
The
1948
during
186,791.
produced
the
month
" :
'
by
of
electric
*
2
Electr.c
for
pesos
Co.
electric
7.5%
Its
Prov.
for-
Traffic,
to
corporation
this-, corporation
or.
,157,069,016
kwh.,
corresponding
tne
'
,
.
Net
deprec.
and
last
9,738,076
amort.______
the
of
year.—V.
shares
+12 Mos* '48
$32,120,674 $51,208,976
'6.6H4.084
10,956,-751
5,819,592
22,095,907
2,646,828
2,145,929
2,321,767
1,743,070
2,687,875
$4,891,13.4
$3,821,498
L
from
ments
made
■of
316,728
1,921,772
$2,505,878
$1,582,998
330,000
18,333
440.000
$2,175,878
outstanding
dates
$1,564,665
$2,715,723
1,191,150
_r__
of
301,676
of
expenses
acquisition
$3,155,723
1,191,150
$1.59
companies
only,:
2,774,300
■;
982,890
$1.83
•
and
to
$2.28
acquired
-
tcertam
during 1947 have been distributed
estimated-
limitation
received
50
by
for
ances
or
is
resulted
1947
the
,
in
$6,231,699
187,733
during
retroactive
the
the
adjust¬
periods to which
"applicable.
i
.
3.417,152
2,.197,523
share——-,
revenues
2225,
p.
3.723,133
-
taxes
balance________—
; period
com¬
168,
13,'827,122
^,
per
26,
kwli.,
4,495,329
Corp.
"Including
of
ended
11.029,045
pfd. stock of. General Teie^
Common
Nov.
I
week
16,740,843
t.——--i
Earnings
^
3,
or
olfice
opeiv exps
income_____—
on
Dec.
kwh.,
Subs.)—Earnings—
8,358,088
operating income______^.,
phone
5,000
in
a
that -the
in
drop
toll
on
connecting
telephone
toll
traffic-
strike
of
revenues
which
companies.
This
in
April
about
and
$780,000
decline,
income taxes, amounted to
approximately
share of common stock.—V. 168, p. 251.
per
to
by or could be
after making allow¬
Federal
cents
May
due
offered
was
$500,000,
the
compared
133,246
week" ended
of
increase
$39,278,151
general
other
and
income
Net
Divs.
the
^ ^
;
1948—9 Mos,—tl947
.
Miscellaneous deductions (net)__
i-Interest an^l other deductions-—^
space.
trucks
November,
with
U.
General
Time Instruments Corp.—10%
'
were
The
directors
Dec.
on
common
stock,
1948.
S.
and
1,731,381
(BY
GM
Canada
for
the
for
year-end
A
made-on
same
payable
this
declared
1
Jan.
extra
issue
payment of like
< •
DIVISIONS),
14,
10%
a
1949
Stock D'iv.—■
stock
holders
to
Jan.
on
distribution
cash
amount.
directors
18,968 —'
15,533
of
dividend
of
record
cents
per
244.807
3,278
6,574
58,102
8,560
6,294
on'
the
14,
Dec.
usual
quarterly
>■
53,054
Arnold
ment
'in
54,546
4.920
54,927
the
the
5,017
60,275
...
bid
of
J;.
the
price
for
stock
common
ill
•
.
3,
"
1948
quarterly
'
,
-
dividend
Jan.
'
was
1949
of
to
1
have
amounted
with
$1.55 paid in 1947.
dividend/ payment in cash will be made
for fractional shares on the basis of the
stock
on
said:
the
price.
"The
the
record
date,
or
the
last
J
Wilson,
stock
a
on
stock
certificates
scrip
market
recorded
246,865;
Canada—
of
closing
the
;
cash
payable
1948.
compared
to
stock,
share
usual
-
the
common-
14,
paid
share,
respect
lieu
In
174,515'
86,595
dividends
per
With
•
•"
$2
Dec.
the
to
-
,
the
on
40
last, in addition
2,
declared
also
share
record
of
Cash
624,102.
297,187
199.713*
180.649
22,696
493
holders
to
7$9.997'■
362,717
232/419
37,077
-■
46'cents-per
)
1948—11 Mos.—1947
57,463
.
>
/
.
the
1948—Month—1947
254
state¬
..
the
lor
of
(&
l
NOTE—It
floor
Coach;
results
zhe
'
fcr
a»
week
Telephone Corp.
;General, taxes
Schenectady
November,
to
the
commercial,
salaries
record
movement
of
ouput
over
,
this
of
'
-
the
~
some
:
VEHICLES
18,040
41,965
inc.uded- in
are
$1,
to 156,885.,248
k_wh.(-an increase
corresponding week of last year.
Period.Ended Sept. 30-—
Oj^eratingrevenues
i
in
compared
60,281
$11,002,111 $11,893,553 $14,462,865 $15,536,530
Assoc ated
Maintenance
kw.
•
in
32,175
its'subsid.arie's;
output
the
over
General
turbine-
■'
GM
159,40$
50,352
of
consolidated
income include
of? Associated Electric Go. and all
of
of
1948" amounted
or
- • ••
long.
Approximately
plant.—V. 168, p. 2324.
and
157,338-
2,667,129
disc.
basis of
amounted
The
already
plants,
continue
cars
154,265
118,003
2,540,167.
statements
the
on
Federal
ft;
passenger
159,248
production
of 35,300
include-
ft.
130,324
penods
subsidiaries
6.6%,
elec¬
turbines highlighted
., . .. . .
..
sq.
1,934,252
121,132
Weekly Electric Output Higher—
^
.
the
1,905,176
118,003
debt
operations
ments
-
out" that
936,302
309,746
and
assumed
ail
pine
previous
production
..•
i <
to
854,163
547,£69
although the effective date for the inclusion of such
.companies is actually from Dec,
31, 1947. -The accounts of the Philip¬
approximately
unit—were pro-
industrial
of
675,789
237,310
:
;
of
$19,805,340
667,907
bonds
NOTE—The
lor
$18,741,612 $19 677,899
40,319
127,441
87,135
295,288
taoces__
\
for
any
,
5
President,
dividend
would
permit,
directors
decided
shareholders
common
that
to
pay¬
share
increased
earnings of |he company and at the same time enable
conserve cash for the requirements of the business.
expanded production and inflated prices of materials sub-
corporation
Because
of
to
■
Trucks
oavahlp
was
10,303,932
expense
of, the
went
,
178,518
MOTOR
Coaches;—
of
8,106,993
14,134,023
Consol. net income-
Schenectady plant,
and
F.tcnburg,
Mass.,
1,000,000
1,290
12,669
GM
on
196,044
30, 767,109
on
int.
and other deductions;*
niscory.
rating
These
gas
33,719
Trucks
due
190,590
29,045,544
Co,,_.
.
and
the
expects
71,731
&
123,216
23,041,564
the. Corp.
above),,—
on
"Income
of
21,715
GMC: Truck
per
by
at
kw.
Electric
he
1,986,354,
OF
Cadillac
'
5,813
_v_
2,7-39-
5,308
•3,628
„
-
25,873
stantially
accounts
larger
investments
receivable."^—V.
■
are
168,
required
1145.
p.
for
both
.
.
-
inventories
-
and
.
21,455
made
Total
preceding
•"
•
Builds Car in Australia—
Split-Up, Etc.
0n a Proposal, to increase the
outstanding) from 140 000
par $1 each, two new shares
178,518
174,034
'
the
1,986,354
Genuine Parts
l,73i;38l
•
of .production ,of the first Australian-built
Hclden—was
announced
on
Nov.
29
automobile—
by Edward Riley, General
Vice-President
and
General
Manager
of
the
GM
Overseas
Operations Division.
The car will be produced
by General MotorsHolden's Ltd. in its. Australian
plants.
...
(approximate);
Net profit,
On
of
20
Dec.
6,
cents
holders .of
1948
—
—
after taxes__
"Equivalent
Motors-
>
Co.—Earnings—Regular Dividend—
Nine Months Ended Sept. 30—
Sales
Beginning
shares
200,000 shares,
650,000
large
Fontiac
be
128 927
; 21,629,731
$14,159,969 $15,021,706 $18,781,931
banks
Taxes
Wilson
^
.
Lynn. River-
of
wide
produced
Passenger
share
the
a
more
ft.
vehicles
date
Buick
I3,894,99g
30,571,06*5
expenses.
Amortiz.
.
of
per
year's
output
Oldsmobile
of
Securities
all
i.
.
.
kw.
average
past
"production
the
15,143,146
28,854,954
convertible debentures
Int.
on
notes
payable
t
~
Mr>
he declared.
the plant's 1947
an
the
development
has
Period End. Nov. 30—
Chevrolet—
(hp
stock
capacity
45,000
with
General
Passenger
common
per
at
employed
October
the
of
(as
Interest
The
Scdp
must be redeemed
cents
Manufacturing Co.—Plans
anThAH^Ckhi°ldern
class B
authorized
of
cash
compared
total
Gemmer
shares,
and that such due bills
'
regular-quarterly
'
were
equipments
company's
said.
650
be
10,557,167
22,918,348
& Assoc, Gas &
Provis on-ior
"
period last year.
secernent Tf
A
the
plant,
capacity,
record
output
that
corporation
United
Of
on
9,c02,57'7
7,495,708
Assoc. Eiec.
Geneial
large
General Motors Corp.—November Car
Production—
<*
quoted
ex
said 20%
stock; dividend on Jan
4
1949- that
tificatss fcr said stock
delivered after Dec
9
1948
hi
transactions made prior to
Jan. 4, 1949, must be
accompanied
Jam
1948
Trucks
dividend, the Committee
Exchange
in
passenger cars and 45,272 were trucks.
GM's total car and truck
issup
8,359,555
11,610,761
Total
to
-
Y,,
of
production,
building is
The
loans.
to
7,666,745
21,500 804
_
Ctner income
the
y
910
subway-cars,
,
"
kw.
the
Belanger
With
the Commissioner
1,416,636
6,769 965
deductions
Balance
ships.
commenting
The
on the common
authority
above
.14,247,142
1,408,376
Electric Co.:
Vice-
equipments-
operation.
the
an
strides
persons
dividend
15,209,365
1,062,477
.
turbine-generators
generating
in
•
in
produced
of'turbine
The
194S' *
,°issue the sharea In . payment of-said
in "UU °f fraCti0nal
payment
by
' A
use.
..
manufacturing equipment from the o.d turbine facilities
pany's-' new
20-acre,1 $30,000,000
turbine
building at
already is under way.
•
2007
bank
10,757,531
<net)
income!
ments
Belanger,.: Manager of G-E's
units were' manufactured in 1943
year
units
1
to
PRODUCTION
corpoiations
,<>
.
large
more
N.
34
2,000,000
units
Mr.
In
rate
•
a
out.
represent
year,
853'574
Denver, Colo.—Files
12,248,79?
12,2o7,582
'
Corp.
<
,.,i
of about
generators-and turbines for
Great
1906 91^
'853 574'
$i 90
14.597,316
15,272,439
1,052 ,217
income
&
•
J./"W.
total
a
doubles,
when
placed
addition
smaller
has
(The) Garrett Corp.—20
%( Stock Distribution
.
*
and
kw.
11
Schenectady,
than
been
In
1 699 126
$0 26
'£c.\Tl9%.at
with
than
kw
turned
were
$42,281,662 $32,893,827
853,574
stoTcke pareCtvariLha«V9e
the
more
More
Kilmm c°mP&«ey filed a
ering i„0,000 shares of commonletter of notification with the SEC cov¬
stock
(price, "$2 per share 1.
The un¬
derwriter is John R.
Marple & Co,, Westfield, N, J.
"Proceeds will be
used for development
and operation
dividend^
domestic
exceeded production, of
year
1,000,000
other, peacetime
units
1,200,000
have
1948—12 Mos.—1947
$0.43
SEFJont Ranse Mines, Inc.,
the
of
announcement,
-
kw»—an ' average
in
This
navine
late Edward F. Dobso'n.—V.
853.574
share__
the
any
all,
duced
of
$8,500,000
appointed
"After charges and
provision for income
taxes.-—V.
record
production
divisions^ sa.d that
2,932,000
series
new
9,192,852
9,479,993
Bal. applic, .toUnvest-
ccn-
t
electric
fc4,724,545
11,576,767
———.
Income
N... J;.,
and
opened
»
158,973,336
79,615,566
10,907, 69o
Operating income a.,
Gross
.
approximately
modern-street
'
2323.
p.
$9'?«rpSJ $10'(i91-030
388,887
243,534
com.
design
$
11,710, 773
(net)
pwr.
taxes
-
Plainlield,
locomotives.
field,
and
'
.
168,
1948—3 Mos.—1947
profit
profit_
shares
of
officially
was
locomotives.
diesel-electric
Electric-'s
more
turbine
Malting Co.,
Inc.—Earnings—
wEnd' °Ct" 31~
Com.
-
48,886,213
in
Other
f
several
transit
■
making
utilities
Froedlert Grain
«ei
Corp.
contract. lor
locomotives- for
mine
were,
these,
coaches
utilities
In
;
?Net
-
•
business, according to H.. V, Eroen,
Manager of the apparatus dapartmcnt.-
all-electric
latter
■
year
$6,923,172
& Registrar—
series due- 1978,
sldenfc to succeed the
1793
>•
dollar
urban
General
tric
Florence Stove Co.—New
President Elected—
p
the
to
'
-
electric motors
and
the
trolley
In
nrinHnnl"1
age
principal amount
service
$
120,521,326 178,458,767
" 60,043, 302
'
1948—12 MOj.—1947
$
135,201, 285
revenues-
interedge.
<
.
,
1948—11 Mos.—1947
$747,323
$
Federal income taxe3__„
Other (incl. State ine.)
.
1948—Month—1947
2007
Florida: Power
cus¬
VicerPresident
Potter,
.
Records—
5,164
Fishman Co*,
Inc.—November Sales Incr. 10%
—-V.S"l68,""p.
of
headquarters
1948 Turbine-Generator Production Tops All Previous
•
Period End. Nov. 30—
of
years
E.
charge
with
$0.02
.
Subs.)—Earnings—
1948- -9 Mos.—1947
'
prop., plant & equ.p.
Amort z. of plant acqu.s.
manufacturing plant, which at peak production,
early next year, will be able to turn out
General
and
said.
:
5,304
■
'
•
235,727
-
.reached
for. Alco-GE
into
$8,070
5,431
42
Edwin
by
_
Net
income
Dividends paid
'
in
states
.
addition
In
-
10,680
&
entire transportation industry In an' average-pic-war year.
figure constitutes about 500,000-hp more than G-E's production
the previous record year.
'
Units
produced
in
the
past
year
included
about
350
complete
In
.
1-1,193
.
Vice-President
Northwestern
Plant—
by
'
14,790
;
-
Prov. for depreciation of
1947;
built
141,248
14,800
21,169
.
43,457
retired
7
1,500
diesel-electi'ic
$171,492
305,417
34,826
the
announced
multi-million
share
1945
$362,509
1581.
p,
16,998
..
$1,135,516
1042.
p.
Maintenance
com¬
The
—Calendar Years—
Sept. 30, '48
income
1947,
at San Jose, Calif., Nov, 18.
San
Jose
factory, situated on a 57-acre tract which allows
multiple expansion of the present building, ultimately will produce
all ot the company's output of singie-phase capacitator
integral motois
in
EARNINGS
9 Mos, End.
Period-
Gross
share
com.
Dr24,932
E.ec. and gas purcnasad
be
i
24,
by. the
.
•
SUMMARY
will
,
Dec.
The
2,000 shs.
-
dividend
17.
.
$200 000
4,000 shs.
par)r
Tne
on
A
record-breaking 1,500,000 horsepower iri electric
transportation
equipment was produced in 1948 by this company, it is announced.
G.
W.
Wilson,
Manager
of
the
Locomotive
and
Car
Equipment
division, said this represents almost three times the amount installed
,
Outstanding
$200,000
13,
Dec.
distributed.
Sets New Ail-Time High in Producing. Electric Trans¬
portation Equipment—
indirectly
FINANCING
168,
Commercial
in
motor
be
to.
President
to
partially retire presently outstanding
wholly-owned subsidiar.es.
CAPITALIZATION GIVING EFFECT
168,
General Public Utilities Corp. (&
for
purposes
loans
tax
Period End. Sept. 30—
Subsidiaries Oper. Cos.;
distribute
to
profit
net
made
company
r
•>
general
and
on
was
before.—V.
contractors,
$3,000,000
more
Springfield,
making
contracts,
—V.
paid' in
been
intention
has just been awarded.
expected
the
—a
net
in
is
70
cr
..Opens Motor Manufacturing Plant at San Jose, Calif.—
<
'
business
dealers
work
Dec.
on
engineers, and
-
Zanesv.lle in Ohio, and in Benton
Harbor, Mich,
The
to operate in Kentucky and
Indiana are being
the corporation for possible future use at a
very nominal
PURPOSE—The
of
is the
Dec.
on
record
of
share
per
year
Moody,
was
struction
Illinois,
-
a
Ore.,
it
j
licenses
maintained by
cost,
S.
,
busi¬
At
has
profit
Earnings, per
The huge; former Remington-Rand plant in Johnson
City, N.' Y„
containing an approximate llcor area of ten acres, which was recently
acquired .by the General Electric Co. for. the development of Army
Air Force equipment,
is to be completely reconstructed, it was an¬
nounced
the
•
in
in South Bend, Ind.
as
$1.50
To Reconstruct
.
organized
loan
to
of
relations
Portland,
to
1933
Both
it
income
charge of customer relations,
First
In
•
holders
24
with $1;48
company,
Corp., a wholly-owned
business'in Ohio.
In 1942 a
States.
as
in
are
the
to
affiliate.
an
dividends,
$1,150,000,
about
share
per
company,
company on net
action, wiil
be
taken
distr.bution
tomer
Midwest,
corporation
actively engaged in the small
Kentucky, Ohio and Michigan,
present
service
a
been
the
in
the
by
has
investment
the
Alexander
;
Indiana
in
at
inc.
adjustments
Finance
the
loan
are
the
war
on
First
small
small
respective
the
business,
Bend, of wnieh it is
the
subsidiary,
general
a
finance
organized
subsidiaries
and
purchased
recourse
of South
organ.zed
wholly-owned subsidiaries
ness
corporation
contracts
without
subsidiary, to engage
siipiiar, wholly-owned
to
of
instalment
instalment
immediately
the
BUSINESS—Corporation.was
cents
General Electric Co,—Official Retires—
.
—
—
AND
by
Dividend
A
Preferred
Stock Offered
Albert McGann Securities Co.,' Inc.,
South Bend; Ind., on Dec. 1 offered 4,000 shares 5%
cumulative preferred stock at par and dividends
HISTORY
30
etc._^_J_
Fed.
for
Net
for
dividends.
payable on Dec.
pared
Bend,, Inc.
regulations,
tax
preferred
and
taxes
expenses,
Prov.
Operating
„j
2323.
p.
upon security
dividends and ime.est
from
Amortization,
the final
prof.ts or
outstanding;
income
Operating expenses
1948,
paid
shares
depend
income
wnich
Total
^
(net)t.
incurred
,
cents
14,
Dec.
been
all
of
roguiated
a
is
necessarily
income
net
capital gains) for the
approximately
$1,779,000
cr
$1.08
common
Net
that
profit
Income
substantially all of this year's net income from interest and dividends
and net piofit from kale of, securities as no Federal income tax is
,;
Fidelity Fund, Inc., Boston, Mass.—70-Cent Dividend—
On
share,
quarterly
$1.91
2225.
under
per
1948
whl
year,
cents
a
1,638,893
December.
estimated,
Net
30,
the
the
stockholders
letter to common
securities (all long-term
in
sale of
on
for
amount
Gross
the
share
per
states
company
Operating
Other
Inc.—Earnings—
to
$1.43
the
per
record
on
Dec.. 20,
"503.858
■*
470,863
share.
per
directors
share
1947
$15,000,000 $14,000,000
—._
the
declared
common
1948.—V.
the- regular
stock,
168,
p.
quarterly dividend
payable Jan, 1, 1949, to
1145.
Volume 168- Number- 4759
THE
"
Georgia & Florida RE.—Operating Revenues—
tlsl'lub
1948 *
Operating'
revenues
$54,100
■___
Period—
1948
1947
•
$45,650
.
-
Operating
—V.
revenues/.
168.
J948
$53,125
__
from
Net
ry.
t
income..!
L.
the
' $2;202,l-22
Gross
irom
ab Cascade
In
Locks,
addition
to
Co.
Lumber
its
lumber
all
modern
completed
recently
y .:■•< /
Oregon/
selling
in
:
r •»'
production,
also.-
■
Mr.
mill,
rated
a
annual
2,245,151
2,276,809
-
684,790
518,061
430,452
478,324
189,726
92,993
98,173
75,632
income...
2008.
'
G.
"...
;
Sares__-_'!_!-_:_:^__!.!_
168,*; Pi:: 2008. ■
$9,192,524
/
'
'.v
•
v
■.
•
,
_g Mos. End.
,
Bus
/
Buckley
Mr.-
i
■
'
-•
'»
.
■
194S
$
Sept. 30/48
$
,n
Gross,
___!
revenue
expenses
depreciation-
Amort,
ox
plant
'/
long-term
on
$686,367"
$10,113,301
deductions
324,009
295,973
3,849,850
Crl09,732
Net
Crl16,603
income
Minority
deductions '•/_!-_2.
_-!_!_!..
/_
17,711,555
3,871,7jO
4,667,810
on
$441,933
preferred
smck
$405,955
$6,443,362
$6,702,921
223,005
223,005
2,676,064
2,b7b,064
Earnings
,
Balance
—v.
$218,928.
loo,
$3,767,298
$182,950
.:
outitahamg
shares
—V.
$4,023,857
168,
October—
1948
Net. ry^
income—_
oper.
1946
1945
$622,991
'$7 J/,080
010,904
143,691
•
$683,352
146,501
__
•
1947
,
$754,»74
83,788 !
m m
121,992
46,791
41,455
Net
from
Net
ry.
6,506,335
6,436;611
1,295,9o2
income-
1,032,667
168,
354,793
826,856
'
.'
i
-529,442
1,727,696
Georgia Southern & Florida Ry.—Earnings—
Octooer—
Gross
railway;
railway——
$568,624
$494,665
$465,671
70,204
210,774
l~.,6o2
Id, 4/5
1j,4D 7
71,313
railway
5,966,856
5,040,142
4,591,620
5,323.223
railway
—_
oper. income—
l,a07,217
1,UJ0,205
761,627
2,172,392
3o4,4o5
2o8,I54
1/1,333
360,599
ry.
_,p?r.
From Jan.
Net
ry.
(The)
H-
after
Rankin,
formerly
with this
years
Elmer
Manager
Specialty
of
Executive Assistant.
Horsburgh retired
33.
L.
Weber
the
Norwalk,
two
been
has
Oct.
on
31
promoted
to
.
been
has
of
the
board
remain a director. *
the position of Manager
division
O.,
of
Purkee
Foods.
Famous
new
responsibility for all
operations of Durkee s large Norwalk division, including production,
marketing,
merchandising and * distribution -of .-Durkee s margarinesalad
dressing,
mayonnaise and-other- food
products
manuiacfcuied
there.—V.
capacity
168,
Mr. Weber, will have
2119/
p.
to
•
snares
Each
•
of
of
Each
registration statement
drawn
r
1.—V.
(B. F.)
A
nounced
The
Nov.
on
added
filed
168,
1799..
p.
'
.
.
with
the
SEC
$3.50)
(par
Sept.
27,
good
known
chemical
elongation
and
$1,421,972
with¬
was
,
Anodex
as
HR
is
to
"only' known
resistchemicals,
high
V.
latex,
resistance,
imperviousness
strength,"
tensile
great
Anode, said.—V. 168,
p.
R.
Dr.
syktem
share
common
one
Yohe,
•
plan
which
Co.,
of
merger
shares
common
and. 50,000
$2),
■
the
-V.
—V.
168,
2007.
p.
1948—Month—1947
net
will
be
company's Hyde
used
Park
and
$2
Sales
""
be
used
to
to
prepay
portion
a
of
business
oi-iginally
established
2007.
p.
■
\
$5,795,258
sold
ice.
non-alcoholic malt
Ice. *
During
'
"■
the
legalization
to
ten
t'
9 Mos. End. Sept. 30—
depletion &
i«r
will
operated
now
beverages,
"" .'
!. ;
of
beer
depreciation.
adjustment
to
$4
share
-
$3,533,254
980,308
-
1,092,314
Bank
director
Insurance
in
the
on
Dec.
Profit
from
operations
$5,310,983
$5,329,437
Hanover
The
of
168,333
its
L_!
income
of
'for
charges-.
$5,486,009
$5,497,769
estim.
replacement
$2,592,690
cost
excess
for
3,511
2,632
2,086,700
982,800
300,000
10,905
(est.)..
,
of
-
Appropriation
*
2,076,000
150,000
taxes
contingencies
•
principal
product
Federal
payable
$1,
GIVING
$2)_//_/!_/_./__ '
pfd.
shares
31;
$3,107,558
997,480
outstanding
Outstanding
;
750,000 shs!
50,000 shs; "
with interest at the rate of 2V2%
OF EARNINGS
,
summafy
$881,910
837,024
627,484
73.843
64,358
•
2,917
2,917
35,000
35,000
6,612
86,502
78,814
2,841
1,329
28,895
30,791
$2,274
*$160
$41,261 '
2,854
3,718
29,425
31,661
$5,127
$3,558
$70,686
$77,124
accruals--
income
taxes__
income
income
t
(net).
charges
42
capital
per
168,
Hawaiian
The
The
12
>739
332
$3,545
$69,947
$76,761
$1.42
$1.56
share
2008.
p.
Pineapple Co., Ltd.—Stk. Proposal Dropped
dropped
has
company
it
the
possible for executives
a
of
>
,
$1,607,257
-t
997.480
997,480
a
1939
$137,764
$279,585
$1,204,986
176,421
259,011
1,115,023
196,502
230,982
306,917
497,766
734,801
346,753
742,397
to
on
indicated.'
was
be
cash
called
meeting
to
to
meeting
special
directors
Sales
be
to
sell
called
at
stock
to
to
limited
aggregate
an
execu¬
made at not less, than market values;
and
limited
a
obligations of
sales
and
would
the
purchasers
not
include
only;
options.
of
a
was
is
program
•
in the planning stages since the end of
erection of four new buildings at Pittsburgh
in existing structures.
Present plans
the work to begin early in 1949.
The Pittsburgh program is
construction
calls
for
major
program,
the
for
extensive
as
of
part
in 1946.—V.:
changes
nationwide program which the company announced
a
168, p- 646.-
-
.
V
Period End. Sept. 30—
•
1948—9 Mos
1947
"*
$29,259
$400,056
$3,157,233
88,291
311,171
2,635,76G
$3,765,003
2,998,397
*$59,031
$88,885
$521,468
$766,606
1,539
2,755
33,425
25,884
*$57,492
$91,640
$554,892
$792,489
72,721
79,953
665,386
671,950
*$110,494
$109,406
$13,574
$35,280
tGross rev. from transp.
Operating
Ltd.—Earnings—
1948—Month—1947
684,428
408,877
the
at
and
Honolulu Rapid Transit Co.,
234,175
1,550,455
the
well
call
Figures
-
it
special
charter
announced
was
1809.
p.
war,,
as
the ten
Income
'
authorize
sales, would
made, fbr
would1 be
said.
the
Net
Taxes
stock, it
stockholders,
$15,000,000 building program at the company'3.
made on Dec. 7 by H. J. Heintz II, President.
concluded, production and shipping facilities at
the
plant will be completely streamlined and Heinz -will have the
nation's most modern food research and quality control laboratories,
The
$1,622,335
$8,894,201
9,672,326
1933
167,
When
he
Amortiz.
be
Announcement
per annum.
tIncome
,
would
Pittsburgh factory
*
Income
Deprec. &
Sales "
,
,
on
made
conditions:
following
shares:
50,000
would
This
the
transactions
—V.
voted
been
will, be
proposal
date.
on
sales
from
21.
revised
later
have
to, amend- its
proposal
acquire
to
developed
.
,<H. J.) Heinz Co., Pittsburgh, Pa.—Plans Expansion.—
50,000 shs,
the
Net
■
would
Dec.
tives
!
Opposition
plan
for
calendar year.
_
$45,463
$5,085
„!--■*
Net; income
Dec. 'T.
-
respective, calendar years have been combined,
with Hyde Park figure's for fiscal years ended March 31—next succeed-the
1948—12 Mos.—1947
6,871
Interest
make
of pro! forma
for
of
7,494
income
*$700,000
641,798 shs.
1948, and of Hyde Park Breweries Association, Inc., for
and.four months ended July 31, 1948, is shown below.
per.
*
Gross
»
and
merger,
Calendar
$3,099,104
shares
*
cents
holders
to
$1,102,524
*Loss.—V.
by Hyde Park, and assumed by the company pursuant to the
Griesedieck
of
Year
profit
$30)
(par
23
j-
AND. FINANCING
$700,000
(par
conv.
Dec.
•
•
A
MERGER
TO
EFFECT
,
three
of
55,857
Net 'operating
-
dividend
,69,467
-res.
General
"Stag" beer.
years
ing
150,000
The
taxes6,847
Retire,
income of Griesedieck Western Brewery.
and Its subsidiary for the ten years and seven months ended July
Thp
•
other
income
and
Co.
Co.—Earnings-
revenues
Maintenance-
waters
',
par
Operation
established in St, Louis, Mo., in
was
due March 25,! 1951,
Co.
Miscellaneous
San Francisco, has
of
Insurance
1948—^lonth—1947
$73,425
$91,840
Operating
Earnings
manu¬
evidenced by a promissory note payable to the
Mississippi Valley Trust Co.; St. Louis, Mo., dated March 25, 1948, and
151,750
Co.
Fire
initial
an
2786.
p.
Haverhill Gas Light
It also manu¬
company
stock,
161;
Period End. Oct. 31—
$2,440,939
175,026
income
Dividend, Etc.
Co.,
capital
15.—V.
1933,
loans
cumul.
plan
*
price
conversion
2.72 shares of its
167, p. 2578.
•
class A stock.—V.
a
declared
have
directors
share
combined
markets
*Issued
,
the
of
namely,
$3.68,
its
of
declared
have
a
Fire
Griese¬
by
sodas,'mineral
Authorized
1946'.
1947
$6,309,745
1,025,930
$1,168,200
the capital
elected
record
industry generally, the company ranks within' the '
sales of packaged and draft beer in the areas in
brewery
in
SUMMARY
Capital
from
each
for
Harlow Aircraft Co.—Initial Dividend—
be
1933. / From organi¬
zation, Hyde Park has engaged in" the brewing and sale of draft and
packaged beer- under the trade name of "Hyde Park True Lager Beer."
(& Wholly-Owned Subs.)—
1948
$6,336,913
■,
profit......-^—
Operating
the
it
Common-shares
Great Northern Paper Co.
Net
the
announces
stock
A
directors
The
the
prohibition years,
the
1948—11 Mos.—1947
$62,707,848 $45,876,912
$977,705
both of New York.
He is also a director
of the California Pacific Title Insurance Co.—V. 167, p. 1364.
adapt its facilities
'An additional
to
manufactured and sold draft and bottled beer.
CAPITALIZATION
-
66,156
,
-
$67,201
2008.
p.
stock
Fulton
in¬
and
in/1857,
sold
5%
"Prov.
'
$49,521
Products, Inc., Boston, Mass.—Conversion Price—
Nonoper.
BUSINESS—The
AND
Hyde Park
;
66,156
5,513
_
New Director Elected—
by the-company through the merger
1948—11 Mos.—1947
1948—Month—1947
$7,140,714
z.
168,
Total
20,459
$1,234,356
Brayton Wilbur, President of Wilbur-Ellis
from 200,000
$1,399,500)
plant, and
and
which
.
Period End. Nov. 30—
Federal
5,733
$1,043,861
-
on
be^n
Of such net proceeds,
establish a laboratory .control
to
and
first
Grayson-Robinson Stores, Inc.—November Sales—
Other
2,851
quarterly dividend of 35 cents per
stock, payable Jan. l to holders of record Dec. 16.
Previously, the company paid 30 cents per share each quarter.
Of these 750,000 are com¬
preferred shares (par $30).
(approximately
proceeds
$150,000
assumed
was
Since
$194,590,092 $189,917,199
Cr2,461
Hanover Fire Insurance Co.—Increases
The
has been in continuous
operation since
that time.
Present
company' was incorporated inIllinois, Feb. 23, 1904 as the Western Brewery Co.
In 1932, present
name
was
adopted.
From incept;on until the advent of prohibition, !
and
$21,925,993 $22,652,593
' y
169,617
Cr2,139
$72,714
5,513
.•
•
class
share
$700,000 long-term
of Hyde Park;
The remainder of the net proceeds will.be used by the company to
iinance the -expanded business resulting from the merger, and, to re-y
stdie.in part funds ($1,980-,0001 used for-capital expenditures.
able
Period End. Nov. 30—
183,734
Cr902
corporation
its
-
common
company's general working funds.
may
loan
company
Grant Co.—November Sales Off 3.21%—
Sales
Pfov.
Cr203
•*
$55,034
,
168,
The
of
$2)..
factured
2007.
p.
(W. T.)
—W.
■Crl 59
expense.-
_____
168,
—V.
14,036
preferred stock
-
Gum
would continue
approved by
became effective
to
$6
from
■
*;■
Sales..:
and-
$89,398
16,501
disct.,
for
the company has engaged
principally in the brewing and sale of draft and packaged beer under
Nov, 27-r-r, „.' 1948—4 Wks.—1947
1948—39 Wks.—1947
*
„the trade name of "Stag" beer.
The manufacture and sale of ice was
$9,400,071
$8,165,430 $85,489,060 $73,402,148 /
discontinued in 1947:
On the basis of trade and statistical data.avail-
Period End.
debt
of
...
86,623
•
$70,474
debt '■
long-term
Balance
brewing processes used at its Belleville, 111., plant.
$500,000
15% Higher—
'«
74,767
income
on
I
■
was
and
authorized to issue
are
factured
President,
*
"
income
Divs/
INC.—On
ASSOCIATION,
corporations
number of shares it is
(par
at-the
to. the
dieck
the
'
)
taxes__j"
deductions
Net
the
HISTORY
2225,
Grand Union Co.—Current Sales
taxes
income
on
Other
t
Brewery
The
respective
authorized
(par
share
to
bank
24.
product,
of American
$1,231,190
.
stable latex compound that possesses a combination of high heat
ance,
810,578
,
PURPOSE—The
•
Goodrich Co.—Markets New Latex Compound
new
397,657
(700,690
,
compound capable
of
resisting
high
temperatures marketed by American Anode Inc., a subsidiary,
it was an-,
bev
48,000
(404,465
the
of
common
latex
new
will
7679)
(No.
100,000 shares, common stock
covering
Dec.
48,000
250,000r issued and outstanding common shares of Hyde
(including 2,226 treasury shares) was exchanged for 4/5ths of a
Park
Goldsmith Bros. Smelting & Refining Co.—Registration ■
Statement Withdrawn—:
?
■
" '
'
:
last, and
4,000
147,266 issued common. shares (par $6) of Griesedieck
changed and converted into three common shares (par $2)';
*
.
was
••
-
Western
the
of
its
approx.mately
The
346,000
4,000
$407,107
-
800,000 shares, divided into two classes.
mon
full
.
of
rate
BREWERIES,
corporation.
1948.
the total
crease
Approximately
20,
value
par
7
of
ago,
Mr. Weber was promoted to the position of General
Sales Promotion Manager, , For the preceding five years he had served
as General
Advertising Manager of the Gliaden-Co.
his
2,121,969
415,670
,
'
1 ; ;
■
Pnor to the
merger, the capitalization of Griesedieck consisted of
200,000. common shares (par $6), of which 147,236 shares were outr
stand.ng.
The capitalization, of Hyde Park consisted of 500,000 com¬
mon
shares (par $4); of which 250,000 shares were issued, including
2,226 held in its treasury.
Pursuant to ,the plan of merger, the articles
of incorporation of Griesedieck were amended so as to' decrease the
;
Vice-Chairman
as
will
He
company.
Sales,
...
.
Griesedieck
into
Nov.
on
years
In
$5,146,17$
2,599,924
30,000
prem.
the directors approved a plan of merger under the
Hyde Park Breweries Association, Inc. (Mo.) would be
as; the surviving
the shareholders
Glidden Co., Cleveland, O.—Official Promoted
C.
appointed
R.
;
.
PARK
1948—12 Mos.—1947
*1948—Month- -1947
34,833
Gross
.•«
HYDE
OF
wnich
of
initial
the
share.
30;-1948,
terms
lao2.
168, p.
James
MERGER
Sept.
at
shares
common
merged
from
—V.
,
'
1—
irom
Net
i3U,o4fa
ls»46
preferred
$549,756
9D,O42
income—
irom
iro.a
Net
Gross
each
1946.
iii47
,
-Earnings—
,
preferred share Js entitled to 'cumulative
the
day.
a
depreciation—
for
Federal
Other details
-
.
into
l»4d
Net
$1.67'
dividends at the rate
of
$1.50
per
share, per annum, payable quarterly February; May,August and November. Redeemable at any time on not less than 30
days' not.ee at $31 per" share plus dividends.•
- '
^
The
preferred
shares unless previously redeemed,
are
convertible
2,073,362
41,515
.
;
66,000 barrels
' "r
\
by
$5,399,939
Prov.
—
Co., St. Louis. Mo. and associates at par.
capacity
219,436
Amortiz.
Each
2007.
p.
charging
crude
2225.
p.
Aihortii. of plant acquis.
adjustments
»,a.)O,ua0
5% cumulative convertible preferred
(par $30) was offered Dec; 1 by Edward D. Jones
follow: !
,
fuel
$429,457
Int.
&
8,062,354
railway/.—/
oper,
."DeJciv.—V;
our
„
the conversion
to
233,033
stock
104,834
7,363,781
railway——
*
either
revenue
of 50,000 shares of
From Jan. 1—
Gross
in
Co.
•
'
Preferred Stock
issue of Dec. 6 an issue
Western Brewery
mentioned
Offered—As
Earnings—
-
railwaysrailway
nooa
from
refinery's
General
;Georgia RR.
Net
'
1
will enable
Operating expenses
947.
p.
Griesedieck
Gross
$1.31
share.!./.
per' common
15,844,459
U,J3U,O«0
$1.46
"9,j3o,oa0
stills, and an extension of docking
.
>
•
•
crude
Gulf Power Co.-
2224.
p.
said.
.
13,839,825
12,440,721
;Net ipcom.e
Common
been
-
Gross
y
has
program
at its Port Arthur, Texas, refinery.
desulphurization unit, a polyform unit,
a
was.
nqw: units
incoming
the
20,512,269
3,o49,149
"
Drvs.
•■
16,089,870
....
_'!_
interest
.
Arthur,
of a greater portion of
oil, or to gasoline, as required to
supply needs at any particular period.
Potentially, Gulf officials stated, the new installations could Increase
1,461,079
13,919,237
.
11,831,631
♦
expansion
—officials
35,892,585
728,755
-
2,COO
Port
at
expansion
$19,000,000
a
includes
-
: 29,713
70,178
05,843
Cr47,247
1,164,277
10,907,2911
i/.t
2,000
Sons
undertaken primarily to increase the efficiency
flexibility: ot the refinery—nation's largest in point of production
and
4,9la,078
30,271,941
28,161,438
taxes/
Completed
atmospheric-vacuum topping
facilities.
30,973,507
/
that
by this corporation
—V. '168,
3,552,4t>9
,Cr9,717
income
27,204,195
' 3.0J7, <48
;
for income
$10,168,500
..0-9,717
>.
!!____
income
Income
PuovUoix
Edwards &
paid during the year 1948
as
announced
The
aisc.,
e*pense__
revenue.
v
rate
construction
three
the
j 5,276,993
"4,50o,0t>5
{ 3,539,251.'4,039,*353
627,845
$708,978
deot.
debt
ox
and
prem.
-595,191_
lie '
24,660;564
3,500,874
operating
Other"
Total
taxes—)
income
Amortivs.
Net
1,924,000
.
..."
,
.income
Gross
Other
.1,800,000
150,000
150,000
-
is
New:
5,803,50 J
:
taxes
Federal
Int.
30,988,488
5,639,500
Net
$57,229,906
38,016,562
3,089,b6i
-.475,000
<■-
*66,700.
acqms.
adjustments
Genera,
3,064,le6
.
2,000
Co.
recently declared a special dividend of one share of
Co. capital stock for each 65 shares of Gulf Oil
payable Dec. >22 to holders of record Nov, 19.
Million
completed
.
$5,028,873 $64,385,608
$5,505,064
.
Operating
Pror.
rox.
1948—12 Mps.—1947
&
Sulphur
same
The
1948—ryxuiitu-—1947
G.
directors
the
It
348,413,343 491,096,341
**"
142,686,442 .133,066,245 186,975,593
100,015,677 145,729,867
8,289,269 k 5,846,373
10,272,219
Georgia Power Co .—Earnings—
Pei/ou End: Oct."3i—
A.
Expansion
Texas,. Refinery— '
*
109,736,609
Depreciation i _/_!_i!_-_
2,800-
2,000
Day & Co., Inc...
Simon
2324.
p.
Gulf
$19
372,617,575
lll-ll/!..-:
expense!..!!.*!!..
revenues
Operating
'1947...;
.
M.
•.
Sept. 30- 12 Mos. End.
.
miles'"operated
Uperacmg
-
>
t
I.
Scrip certificates will be issued in lieu of fractional shares.
The usual quarterly dividend of 75 cents per share has also been
declared, payable -Jan. 1 to■ stockholders of record Nov. 19. • This is
at
'Greyhound Corp. (& Subs.)—Earnings—
-
Taussig,
2,000
Cook & Co
Newhard,
3,800
to
.
Corp. capital stock held,
1948—10 Mos,—1947 «
$8,862,583 $78,622,915 $72,570^811
1948—Month—1947
shares
Gulf Oil Corp.—Dividend in Texas Gulf Stock—
Texas
_
$3,000,000,
168,
the
preferred
Co
4,200
Co.
Walker & Co.__!_._.
H.
—V.
—.V.
production capacity of 9,000 board feet of lumber per '■
through this Cascade. contract, based, on present -
are
expected to run something over
estimated.—V. 168, p. 1902.."-:
;"w r! i
2,574,518
Peripd End. Nov. 30—'
saies;
prices,
3,077,489
&
4,200
Inc.:
and
underwriters
1
Louis
St.
7
.
Gardner^....
&
Metropolitan
.
several
convertible
Stix
25,000
Co._._
&
Jones
Reinholdt
railway......;
p.
D.
Stifel, Nicolaus & Co.,
11,196
"
•'•**
•With
hour,
' 42,254
The
*
/
j
ry.. oper;
'
pine and western hemlock.,
may soon manufacture ponderosa
-
,
51,764
77,458
j
Edward
r{ J'(H. L.) Green Co., Inc.—Nov. Sales Increased 3.7%-—
i
mill
Buckley ad.ded, Georgia-Pacific has the right tu buy all of the peeler logs produced for shipment to any one of its. four plywood plants id
Washington and Oregon.
The mill currently is cutting Douglas fir !
timber and
from
—V.G68,
«
v
the _new
ol
$239,120
>'
bucKley, Vice-President,'on Nov. 29 announced mat this
contracted to sell all lumber and, timber produced by
Locks
* "28,746
$263,589
the
of
names
respective number of 5% cumulative
be purchased by each are as follows:
1945
'
•
railway-..!
Net
nas
Cascaae
1946
$275,110
54,127'
10,727
(2431)
UNDERWRITERS—The
1947
$348,956 "
83,664 •
"
/
railway......
oper.
From Jan. 1—
Georgia-Pacific Plywood & Lumber Co.—Contract—
Jamtu
1948
railway./.!
Net
company
CHRONICLE
'
2119.
p.
from
Net
1947
-
$2,465,602
$45,350
,
1948
1947-
'
Gross
$2,247,772
Jan. 1 to Nov. 14
Week End. Nov. 14
*
*
October—
194! *:
$2,527,347
FINANCIAL
&
Green Bay & Western RR.—Earnings—
-Jan. I to Nov-; 21—
Week End. Nov. 21
COMMERCIAL
904,445
expenses
—
*
Earnings
*Of
—V.
per
share
pulpwood
168,
$3.11
*
p. <847.
$3.12
.
liquidated
involuntarily
inventories
in
$1.61.
prior
years.
1940
1942
•-
10,727,818
Great
Northern
Net
Net
frcm
1943
railway....:
from
rr.
railway
cper. income--
.
'
1947
$25,160,584 $21,837,503
10,523,011
_
8,766,772
$19,245,895
7,542,313
"
1945
$18,317,167
1,754,531
5,4022
! 4,58Jf269
5,343,221
180,193,513
159,572,445
138,950.553
46,101.881
42.507,330
30.341.964
from
Net
from
Ilefi
ry.
—V.
railway—
railway
oper.
168,
p.
income..
_
_
20,081,257
18,034,177
29,112,652
869,632
337,348
625,160
"2,006,225
314,458
717.992
973,775
15,616,765
2,284,478
320,193
751,370
1,212,915
24,609,397
4,028,714
352,415
1,409,147
2003.
173,751.407^
Net
revenue,________
~
Other income
—
2,267,152
1947
'
1,993,595
,
*"
1,765,565
803,058
Park.
The
lative
months
tBefore
annual
of
income
2,356,855
Griesedieck
provision
preferred
Deductions
s_
for
1,314,490
852,184
190,181
Western
depreciation,
and
four
months
amortization
the 50,000
of
and
shares of 5T>
Hyde
income
cumu¬
stock to be outstanding will be $75,000.
Inc.
taxes
Net
(est.)
-
*$130,213
revenue
{Included
token
11,134
962
•
dividend requirement on
convertible
Total
""
15,200,191
*1948
'"Seven
.
_
1,539,484
49,314.082
24,340,903
4,032,544
From Jan. 1—
Gross
1,513,684
1946
-
" 1946
'
1945
1944
Ry.—Earnings—
October—
"
':
10,952,903
12,057,061
14,087,518
15,493,991
_____
1943
Gross
1,111,913
9,783,154
—
1941
adjust.
$1
$10,724
$3,706
"Loss.
NOTE—No
1948
transportation revenue was received
due to strike; car-card advertising
168, p. 1362..
inclusive,
suspended during strike.—V.
from
Sept.
income
was
3-30.
also
THE
Hooker Electrochemical
Co.—Stock
Subscriptions—
Accounts
50,262 shares of cumulative second preferred stock, series
dividend (no par) offered by the company for
subscription
to the holders of its
outstanding common stock, 44,080 shares were
subscribed for'upon the exercise of
subscription warrants (including
36,695 shares subscribed for by the several underwriters
upon
the
exercise of subscription warrants
purchased by
them),
6,182 shares
were
purchased
For further details see V.
168, p. 1799.
the
by
several
and
the
Taxes
Preferred
re¬
Common
underwriters.
$2,416,569
325,744
OeprecLatlon
Amort,
of
AH
168,697
3,250,009
Fed., inc.
1,930,402
Other
200
tax
200
2,400.
273,975.
«
2=986,230r
Net
revenue™
$437,405
(net)™
2,061;509
1,787,548
$532;920'
$6,043,476
2,437-
93,009
10,906
$448,311.
deductions
$535,357
124,474
Arthur
M.
Hill
to
—V.
89,518,739
the
National
Mr.
pfd.
stock
for
the
20,000,000
of
been
1947,
leave
on-a
the executive
>
period..
389,588
..
when
he
as
from
member; of-
-
named
was
to
1802.
John
Bet
sales
Profit
after
Federal
Net
1948
charges
income
-
outstanding—.
•
Earnings per common share
—V. 168, p. 646.
new
camera
:™:
.
$312,214
199,236
N.
for
$1.76
Y.—V.
•
head
;
Operating
■
The
oper.
$
Corp.,
Operating revenues.
Operating expenses..
Operating taxes..
17,807,929
1,817,590
..
$
.
$
"a.
1.649,637
cents
record
dend
:•
*
share
per
Dec.
...
It
at
low
a
•
has
set
television
cost
development
St., "New-York, "
up
William
238
r
income..
oper.
Net
after
—V.
18,709,202.13,192,372
752,302. 10,569,060
497,503
7,728,530
.
charges—
directors
current
and
of -record
totaling
making
paid
Dec.
75
10.
declared
Three
cents
total
a
in
have
accumulated
per
of
dividend
quarterly
have
for
168,
of
60
dividends
share,
$1.25
1947.—V.
a
cents
earnings, payable Dec.
the
been
of
paid
1948,
year
25
to
Dec.
16.—V.
also
was
168,
declared, payable Dec. 27 to, holders of
744.
p.
Stores, Inc.—Nov.
1948—Month—1947
$6,355,427
,
Dec.
cents
this
Gas
Sales—
1948—10 Mos —1947
Co., Inc.—Stock
Middle West Corp. below.—V.
168, p. 449.
net
Nov, 23 reported
on
land
directors
that
-
Net
ry.
1948
Prov.
oper.. income...
1946
•
Net ry,
—V.
80;049
1903.'
p.
24,411,984
4,712,817
2,OOF,799-
income^..
oper.
168,
-
3,766,229^
biternational Nickel Co. of
Canadk^ Ltd.
Earnings—
Net
50,215,855
33,321,373
Costs
and
expenses
Operating profits...
'hItr
Other
Inmm.
Net
.
-
*•
Total.
Prov.
17,214,570
u——
for
deprec.'
.
'
'*•
profit
carried
698,220
750,000
4,118,289
Com.
dividends.
5,758,797
2,101,677
2,250,000
13,308,734
29,920,873
23,522,911
90,936,364 ' 89,518,739
106,810,127
...
dividends—*,
87,105,510
97,998,936 119,439,612 110,628,421
483,475
1,450,425
1,450,425
5,83^,267 17,493,802 17,493,802
483,475
i_.
5,831,267
period
shs.
Earns,
per
outstdg._j___'
official
sh
com.
control
14,584,025
14,584,025
91,684,194
14,584,025
$0.45
14,584,025
$1.95
$1.51
$0.63
_
statement
rates of
91,684,194 100,495,385
is
expressed
in
U.
S.
currency
COMPARATIVE
CONSOLIDATED
BALANCE
ASSETS—
at
prevailing
Short-term
Dec. 31,'47
Govt,
other
and
below
marketable
cost
receivable
(less
at
"
at
or
below
against
cost
!
Miscellaneous securities
Account
receivable,
due
or
below
1948-1951
Charges to future operations
"Property account
*
Total
No.
—
*
other
».4
*
n
!
709,986
r,
on
.;
"
taxes—:.!!!!_!!..
*
18,004,482
16,383,931
53,916,223
reserve
cost.
"
9,616,967
10,501,716
"
705,832
580,546
9,333,200
10,499,850
547,913
*
281,379
125,469,738 120,888,618
-
—325,218,449 309,877,088
1,
u
31—/
'
V.
168,
'
'
25,222
$1,748,041
1
Net
$1,099,484
159,382
and
Dec.
an
by
at
Banks
Mellon
$1,016,235
1047
.
i
2
of
the
oils
there
which
has
■'
t
$0.13
\
Trust
Peoples
*
•
"
.
-
;
miscel.
First
inc.
taxes
income
Gross
long-term
deduct,
debt
\
of
of
relating
the
widely
the
in
demand
the
for
industrial
expanding
production
Trust
"
Company, of
-•
.
Kansas
-
.
City,
-
Mass.—Filing With SEC—
V
(no
*
»•••
•>
.
.
.
r
;
'.1947...
'
1948
.
*•;.
.
,,1946
oni
taxes
on
orn
,
^17
*•
1
903,537
0\*> (IAO.
1,212,042 ;
193,265
278,744
395,984
45,000
-90,000
75,000
25,000
25,000
25,000
69,535
income
h45,000
t-,
*
«•»/
«
145,000
-r"'.!'
»
!
10I7
603,127
reserves—™
:.
:
//!.
$270,327
v
$364,793
$571,058 '
11
•V
1043.
1'
1
t
$179,561,100,
the
an
of. Oct.
as
increase of '-$11,631,100
31,
the
over
previously,
*V
1948;
year
assets
of
with
-
Keystone Fund B2
were
the
close
$16,818,051
at
a
the
of
Oct.
on
31,
fund's
net
assets of Keystone Fund S3 were $12,477,053
increase of $207,203 over the $12,269,850 reported
number
1,026,245
—V.
a
shares
of
year
outstanding
previously.—V.
168,
totaled
p.
Oct.
on
on
988,467;
2,168.532
2,287,590
2,228,023
3,221,481
$5,812,739
!
168,
31,
Oct.
31,
p.
'
1948—Month—1947
$2,758,000
—_
\
1948—11 Mos.—1947
;
.
$2,737,000 $28,288,000 $26,038,000
2009.
company
156,597
697
(S. H.)
in
in
1948—Month—1947
November,
the
same
1948—11 Mos.—1947
'
1948,
month
last
had
700
year.—V.
stores
168,
in
p.
operation,
as
2009,
Kress & Co.—Nov. .Sales Increased 6.4%—
Per. End. Nov. 30—
Sales
—V.
$5,917,747
1,148,889
1948—Month—1947
1948—11 Mos.—1947
$14,819,383 $13,933,197 $137,459,488 $130,428,488
168, p. 2009.
Per. End. Nov. 27—
Sales
1948—4 Wks.—1947
1948—48 V/ks.—1947'
$66,146,018 $61,262,764 $745,541,017
305,906
Cr_18~658
114,950
114,451
139,072
$3,672,384
$4,022,901
to
and State
Period End. Nov. 30—
Income taxes resulting
of long-term
debt.
redemption
refinancing
of
long-term
debt
In
1946,
weeks
corre¬
(M. H.) Lamston, Inc.—November Sales 15.1% Higher
102,479
690,757
Crl4,640
•
,
•
$691,907,633
average number of stores in operation during the four
Nov. 27,
1948, was 2,361, compared with 2,532 in the
sponding period last year.—V. 168, p. 2009.
ended
$5,670,793
1,425,000
Sales__
—V.
.
168,
1948—Month—1947
$325,943
p.
2009.
$283,133
1948—11 Mos.—1947
$3,000,443
$2,667,157
'
Lane Bryant, Inc.—November Sales Rose 4.8%—
"Period End. Nov. 30—
1948—Month—1947
.1948—11 Mos.—1947
Net
—V.
sales—
168, P. 2009.
-
compared
$26,814,797 $25,709,768 $238,468,024 $224,638,890
against
$5,514,196
105,008
86,671
.
_
Per. End. Nov. 30—
1,198,381
58,579
1,457,343
^
2326.
M
Sales
1,138,250
2,625,334
^
.
$16,540,296
8,147,437
-
.
$167,annual
(S. S.) Kresge Co.—November Sales Up 3.4%—
974,895
.
deductions
costs
result
increased
an
used
with
,
Period End. Nov. 30—
1946
10,068,638
1,641,481
$5,839,883
1,164,167
"Equivalent to reduction in Federal
a
the
previous
The number of shares outstanding totaled 699,495, against
year earlier.
•
;'»-
Sales
City Bank
1947
377,489
deduction
been
now
pace
profit-sharing plan*—
employees profit-shar-
>v
spec.
—,
Income
NOTE—As
increased
v
" :
>
The
(net)
income
which
(G. R.) Kinney Co., Inc.—Nov. Sales Up Slightly—
&
$4,513,321
Miscellaneous
plant
Kroger Co.—Current Sales Increased 8%—
!
,
has
are
kept.
contingencies:
to
The
with
Trust
Cr330,043
amortization
interest
for
an
1947.
special
expense
"Special
General
Net
Bank
Bankers
188,397
(before
Fed.
for
1942
net
Total
1948,
..
Bank;
$5,651,486
deduct,
Amortiz. of debt discount,
premium,
and
-
80,144
amortization)
on
Savings
2,142,734
(net)
inc.
Bank;
3,044,832
payable
(bef.
-
was, filed with the SEC for 4,000
par), to be offered at market.
The First
underwriter,—V., 168, p. 2121.
.
be
before
compared
714,314
936,773
amortization)
Other
&
National
and National
1,929,015
2,347,724
Fed.
.
28, -1941,- with
"
1948
taxes
taxes
••
•
•
-
fiscal year.
•
11,705,496
1
u
income
inc.
resale—
—
—.—
State, local, &
Fed.
for
■„
-
used
departments—$10,676,915 $11,039,758 $11,230,304
-
reported
Total
1948,
-
The
purch.
-
May
on
period, compared with $11.96.
same
ii
$27,838,203 $24,807,539 $23,822,029
expenses:
elec.
"
be
of the medium grade bond fund BZ rose to $23.65 per share on Oct 31
this yeaf; from $23.54 a year earlier, and net asset value of the
appre¬
ciation common stock fund S3 advanced to $12.62 per share for the
Co.—Earnings—
h
,
I
revenues
and
Kans.,
Combined net assets of the ten Keystone Funds
Nil
•.
.
tNot 'stated.—
-•
Harris Trust
are
Co.;
Co.,
Maintenance
Depreciation
*
will
it is disclosed by. ? the
.
reports of Keystone Funds B2 and S3, both-of-which showed increases:/
"in net'asset values per share
during-the fiscal year. Net asset value >
637,261
Nil
,
tLoss.
2226.
Sept. 30—
all
income
930,000
t$l40,924
637,261
$0.82
requirements.
Kansas City Power & Light
Operating
Operating
7,021 sbs.
422,000 shs.
■
offering
»
; Cr489,000f
t$58,116.
-".V
p.
'
»'
•
-
—
Co.; Fidelity Trust Co.; Union National
Commercial National Bank & Trust
12 Months Ended
this
notification
stock
may
"
amounted
t$629,924
Cr283,000
.$565,131
637,261
'
&
168,
by
.
letter of
a
—V. 168, p.
]•'
1945
t
-
391,000
637,261
participating in the credit
Cleveland.—V.
^Outstanding ,."
1,000,000 shs.
increasing demand for soybean and flaxseed
new
mill and sold largely to the stockmen
AGENT—Commerce
of
't
/
'
'
Bank
OFFERINGS
Keystone- Custodian Funds,. Inc.—Net Assets Up— *
."1946
956,131. : f$341,116
$124,493
,
,
:
*•
—
;
I
-
^
10,000 shs.
ing ^retirement trust and plan!
•
.
159,380
eight
National
Emporia,
addition
common
for
for
Net
t " 10,000'
'
-
has
Offered—An
PRESENT
.''V\
•
168, p. 647.
income
Res.
•
secured a $10,000,000
self-liquidating credit from
banks, it was announced on Dec. 6, The loan is for
additional
working capital for. production of the
newly developed
continuous
miner.
of
corporation
ever
linseed
Corp.
Reserves
has
company
The
Authorized '.
proceeds derived
plant
In
area.
sales
Net
.
$1,175,615
Joy Manufacturing Co.—Bank Loan
Arranged—
iThe
group
EFFECT TO
'
net
has been
-
572,426
•'
Subs.)—Earnings—
dividend
„
rooL
Kennedy's, Inc.—Earnings—-?>
674,446
654,679
r
134;493'
.
shares..._
2120.
p.
■
working capital.
produced
Boston
1,720,419
27,622
(net)..
1948
"Earns, per com. share-
,
which
one
.
shares of
849,900
598*596
;
$6,525,228* $10,945,810
charges—
preferred
hae
construction*, the
complete automobiles are
672,148
-
$1,754,163
;/•
profit.™.!™—
"After
building,"
single-floor
1949.—V. 168, p. 2326.
GIVING
Kendall Co., Boston,
1,728,940
;
preferred stock....!.
'U v*
k
in
under
'r
The ..company
On
613,231
769,222
-
....
taxes1—1,109,869
deductions
2120.
common
from
■t
'
after
Interest
63,853,546
system
!
at
16,789,758
25,757,361
or
reserves)
retirem't
54,277,706
31,721,636
securities
Inventories
Securities held
.!
income
income
PrOv. for Fed. taxes....
Recov. of Fed. inc. taxes
$
28,713,259
37,251,876
securities
Accounts
)t
p.
Oper.
$
plant
floor
,
manufacturing
Of
&
Missouri,—V.
4,606,169
operation
sales—
SHEET
Sept. 30,'48
Cash
'
j
soybeans._'f,
1947
$940,102
1,,
;
168,
State
exchange.
only
one
"main
space.
-
1948
....
Operation
100,495.385
-—
NOTE—This
v
•
Gas
Earned surplus end of
Com.
*'
'
3 Months Ended OCt.
a
—
*
97,124,260
ACCOUNT
™_.u__-!
income''^..1—
•
Co.;
7,062,572
-
$9,136,313
Trust
...
Total
Pfd.
46,942,119
the
floor
than
TRANSFER
first
806,763
14,627,665
' 9,685,867
of
been
ncy
to
beginning
period
ann
6,033,080
2,446,506
4,621,680
......
surp.
M '
(F. L.) Jacobs Cok (&
-
-
-
1,883,035
887,282
taxes.
surplus
of
•
2,019.741
Prov. for contingencies.
INCOME
(net).^_._C->'_____--™™-_™i '
Dividends accrued
Net
46,135,356
14,512,116.53,028,124
and
—^
Prov. for income
Earned
cho-
,
depletion
Prov. for retirement
syst.
Net
n*o
-
meals
field.
$10,659,286
Federal
and
approximately 320
manufacturing and office
corporations.
of., this
1978.
Balance
39,403,407 141,206,106 120,521,241
25,140,933' 89,090,946
74,385,885
/
In
Reserves
Subs.)—-
16,894,482 - 14,262,474
52,115,160
ion nua.
mo r\c*
320,088 /
249,642"
912,964
'
income
N.
Y.,
has
for
$3,000,000
income
Profit
1948—9 Mos.—1947
||
jp
...
income
*
(&
the
company's
There
■
1™!—5,742,673
from
involves
total
sacking equipment- in the Kansas City
sacking eapacity to 4,000 sacks a day.
York,
_
1948—3 Mos.—1947
sales
registrar
_!..:__™___:
Federal
charges
"
918,804
is
with
BUSINESS—Company was incorporated Sept. 23, 1940.
soybean mill in Kansas began-Jhe processing of
soybeans
first
the
/Reserves
22,176,733
24,719,787
2,967,99®: !7,127,229,
273,542 : 2,846,562
-
End. Sept. 30—
est.
earnings
Other
1945
:i
of
9 Months Ended Oct. 31—
Net
Net
period
than
Interest
$2,243,607
$2,494,325
203.794^
820,485
17,437
274,847
301,711
27,874,087
New
and
depreciation™.
for
—V,
from
railway..
from railway
Net
other
Prov.
•Earnings—
From Jan. 1—
Gross
Co.,
—
$2,670)294!
326,418
-
for
Taxes
Gross
1947
$2,859,874
566,153
Trust
COMPARATIVE
„
site Includes land
which was
formerly part of the West Vir¬
Ordnance
Works
and
it
was
assembled
by
the Tri-County
Industrial Foundation, a
nonprofit corporation: organized to
promote
the industrial
development of the Ohio*
Valley in the vicinity of
Mason
County,,West Virginia, and Me.gs and
Gallia Counties in-the
State of
Ohio.—V, 168, p. 2226.
*
/
Gross from
railway.!—
Net from
railway...—
.
168, p. 2008.
prices,
12 Months Ended Oct. 31—
This
October—
fiat.—V.
Service Co.—Trustee and Registrar—
Operating revenues
Operation
Maintenance
purchase
July, 1947, Jhe company merged the Emporia plant and the
City
plant
operations
which
had
previously
operated
as
common
&
-
An expansion program has been in
progress both before and after
the merger of the two plants.
This program up to now has included
the erection of
a
250,000 bushel concrete elevator, the addition of
three new expellers- in the Kansas
City plant, - the erection in both
plants of -120 ton
track
sales, and the
installation
of
automatic
share of this company, outstanding
securities owned adjusted to market
per
Bank
,
ginia
International Great Northern RR
dealt in
be
trustee, paying agent
mortgage bonds, 3 Vi % series due
concentrate
plants.
to
appointed
Its expansion
program on the further develop¬
this process which is
now in use at its
Painesville and Cleve¬
ment of
Chemical
ex-
separate
Escrow Certificates
on
Nov. 30, 1948, with
$24.93.—V. 168, p. 2120.
Iowa Public
' "
to the
the
buildings
($5 cumulative) (par $95)-.;
stock (par 25 cents)
soybean
negotiations have been concluded
for> the purchase of a
1,200-acre
plant site on the Ohio River at
Point Pleasant, W. Va., where a new
continuous process plant will
ultimately be erected.
The company
intends
to
value
at
The
Rivitz, President,
asset
Run
■
Offered—See
Industrial Rayon Corp.—To
Build New Plant—
Hiram S,
"
Investment Co. of America—Net Asset Value—
as
Water
1948;
stock
daily.
8, 1948, the New. York Curb Exchange announced. The distribution
made on Jan.
1, .1949, to hokiers of record Dec* 10, 1948.
The
Willow
Frazer, President,
price was set at
grain elevator of the Bulte Milling Co. of Kansas
City, Kans. Soybean crushing equipment was installed in the Kansas City plant and crush¬
ing operations were begun in March, 1944, with a daily
capacity of *
2,700 bushels.- This capacity was later increased to
4,500 bushels
r
be
certificates, will continue
year,
2120,
p.
&
Co.—Payment
will
$1.40
W.
daily crushing capacity of 400 bushels of soybeans...,In
1942, the
crushing capacity of the Emporia plant, was increased to 1,600 bushels
a
day.
Because of ; the ever-expanding
demand for
derivatives- of 1
the soybean, the Emporia
company purchased the mill buildings and
•
share,
per
with
famed
by ji.
purchase
Kansas
The
was
Indiana
in
'
Interstate Power
out
3
The
a
$6,487,946 $54,230,201 $50,457,463
-
the
of
Dec.
on
with the War Assets Administration.
structure,
on
more
HISTORY
•
Department
Sales———;—!i__-..
—V. 168, p. 2008.
:
stockholders
compared
corporation
Chairman.
35
acres
building
The
The company's debenture escrow certificates were
quoted ex a dis¬
tribution
of $35.25
per. $1,000
principal amount of certificates on
previously
as
85
additional
as
,
366,081
share
of
PURPOSE—The
2,291,687
per
24
1,
and
CAPITALIZATION
-
L.
Period End. Nov. 30—
Incorporated Investors—To
Pay 60-Cent Dividend—
The
Dec.
■
,
1,067,577
739,669
168, p. 2120.
of
-
,.
■
Net
this
(par 250) and 1,925
the
prelerred stock
record
respectively.
,
recently offered by Kenneth/Van Sickle, Inc.; Emporia,
Kan., at $1.25 and $95 per share, respectively.
~ \V
.2
R.
.
shares of $5 preferred (cumulaitve) stock
(par $95) were
>
Pfd.
on
16.
$5,226,991,
Kansas Soya Products Co., Inc.—Stocks
issue of 78,000 shares of common stock
/
-
Dec.
on
Interstate
16,171,170 172,086,834 141,344,178
13,769,231 142,808,572 125,860,119
14,922.762
market
use.
facilities
expenses.
coverting K-F's present lease, which has options to
into a purchase, were completed Dec. 3 by the
land
invested
declared an initial .quarterly dividend of .
common stock,
payable Dec. 27 to holders Nafziger, President, stated that this action*
regarded by- the board as initiating a
regular quarterly dividend
policy on the common stock, which it wa6 hoped to maintain.
The usual
quarterly dividend of $1.20 per share on the $4.80 divi- >
16,202,035 172,520,497 141,633,951
30,865
433,663
,
289,773
50,146
to
studio
and
operating •'
Sept. 30, 1947,
ended
years,
principal
huge
was
1948—10 Mos.—1947
$
■
17,858,075
rev..
168, p. 449.
directors
30
■
revenues.™
Uncollectible
plans
and
production
and
of
Common
of
1948—Month—1947-
and
are
tax--purposes,
of more than 4,500,000 square feet.
Interstate Bakeries Corp,—30-Cent Common'Dividend
199,236
Illinois Bell Telephone Co.—October
Earnings—
PeTiod End. Oct. 31—
first
company
industrial
premiums
for
months
$5,121,982
announced
agreement
manufactured
$350,916
$1.56
•
to
bonds
$3,000,000 in new buildings and building additions
companies; since the- summer ;' in the
past two years.
"• /■/'
the Resources Boards—V. 168, ~
Terms of
the purchase call
for an immediate initial payment of
$1,510,000. The balance of $13,590,000 is payable in 20 equal annual'
,
The
laboratories
208,000). Stated
by
Kaiser,
20
The
President of the new! unit, stated that the
subsidiary will ;
development and manufacture in the fields>of , televisionpick-up and. transmission, and military electronics.
.
.-
.
reduced
was
J.
an
a-total
in
..„
;
shares
1947
.
.
plant
for
the
B.
engage
-
$3,650,738 $3,391,111
520,214)~,
Not" (
.
taxes
profit
Common
~
™
purchase
Henry
Effective
,
r
such
of
available
acres
who is also
Ended Sept. 30—< i
been
space
Milllken, president, on Nov. 26 announced the formation
of
a
new
subsidiary company, Television Equipment Corp., and the
appointment of Leonard Mautner as its Vice-President,
Mr. Milliken
»
Howell Electric Motors Co.—Earnings—
Bine Months
,
amortization
not
installments beginning Dec.
,,
refunded
tax liability,
The equivalent
amounting to $690,757, has been
income for the twelve
International Television Corp.—Forms Subsidiary—
$3,365,837
to
income
taxes,
744.
p.
Negotiations
duties-as Chair¬
the*- Greyhound
been
168,
renew
^
15, as Chairman
a
his
and director of
1800.
389,588
>
'
mimber of other
a
have
signing of
;
the board-of directors
of
and
absence
of
committee
official- of.
an
of
1,026,670-
has
Board
1946
$15,100,000.
©f,
-
special
a
deductions
gross
bomber
325,218,449 309,877,088
"'
as
and
The
effective Dee;
$4,794,415 '■ $3,755,425
$4,404,827
p.
Security Resources
Security Council.
"
Hill
and* as
$4,782,095
member
a
applicable
expenses
income
Kaiser-Frazer Corp.—Buys Willow Run
Factory—
2,892,628
20,000,000
elected
in
f
prop¬
_.
He has resigned,
and
computing the
60,606,500
2,889,951
nickel
of
i
corporation.
-
42,358
1,342,0m
.,
$450,684
'
Balance
•Decrease.—V,. 168,
60,766,771
60,606,500
,___—
has been
this
National
$4,739,739-
$6,136,465
84,673.
$323,837
applicable
60,766,771
shares).
par
"
of
p.
income
Divs.
no
International Telephone & Telegraph Corp.—New Dr.
2,400
2,674,677
156,087
203,503
income
neome
would
-
man
Gross
27.627,825
»
175,962
income
27,627,825
■
taxes
oper.
income
;
™1
of
Net
Had 'these
14,932,931
'
investments.
for
other
charged
13,453,556
10,501,925
14,914,793
reserves
"After
reserves
for*' depreciation,
amortization
and- depletion
$148,433,714 in 1948 and $142,097,68$ in 1947.-*-V. 160, p.- 1903.
2,967,726
2,232,168
.
limited-term
electric
Prov.
280,141-
193,460
___
Total
in
reduction
100,495,385
•
Finland..
premiums
the
and
$2,131,938 $27,092,060 $23,397,528
719,918
10,526,268.- 9,295,036
1,080,295
Maintenance
stock
in
16,006,061
of
9,617,403
Exchange
adjustments
arising from transfer
1948—12 Mos.—1947
Monday, December 13, 1948
deductible
9,092,739
483,474
483,475
;
other
and
Surplus
erties
1948.
reserve.
stock (14,584,025
surplus.™
!
:
surplus
Capital
11,810,285
1,
income
on
system
Contingent, insurance
Earned
1948—Month—1947
Oper. revenues—electric
operation.
based
Retirement
Houston Lighting & Power
Co.—Earnings—
Period End. Oct. 31—
CHRONICLE
certain
payable and payrolls
dividend, payable Nov.
Preferred
$4.50
maining
FINANCIAL
LIABILITIES—
the
Of
A
COMMERCIAL &
$4,995,816
-
$4,766,804 $49,322,800 $46,082,693
.
Volume 168'
THE
Number 4759
Laclede Gas Light Co.—Earnings—
Period End. Sept. 30—
Operating
Operating
expenses
Maintenance
Prov.
-
Taxes
than
other
Fed.
/
J
916,196
654,500
689,060
854,600
for
1,296,100
$3.647,634,.'.,
Net
$2,570,122
revs.__
21,616
income
24,397
'
"
Gross
Other inc.
:
Net
$2,603,358
$2,212,443
$3,645,164
892,895
783,323
1,172,896
172*411
income
funded
on
116,236
231,207
debt-
deducs.
(net)
income
Capital shs. outstanding
Earns,
—V.
944.
p.
143*072
(.;
The
its
having
the
and
Period End. Nov. 30—
Sales.
—V.
<
2009.
p.
Liberty Products Corp.—10% Stock Distribution—
On
Dec.
year-end
paid
payable
distribution
in
Dec.
28
compares
will
be
from
stock
prior
to
distribution
2.—V.
operations
(interest,
Int., corp. exps., etc. (incl. fdry.
taxes
(estimated)
Net
York
New
agent
the
for
stock,
common
Dec.
be
Dec.
16,
$3
Curb
14,
1948.
Interest
All
by
and
of
income
"
'
r
due
Total
Exchange
Cost,
in
November,
168,
Sales
1948,
1904.
p.
$4,695,447
168,
$2.16
;
1948
—
,
"
'
and
State
inc.
-
..
'
$51,364,172 $38,991,083 $18,731,673
41,721,521
31,333,430
15,232,117
181,610
140,446
126,255
75,775
531
25,192
3,836,330
3,057,200
1,280,500
—;
Fed.
1946
,
X
—
for
1947
$50,961,633 $38,831,410 $18,636,523
331,458
111,755
42.527
71,080
47,919
52,623
taxes
'
Net
profit
Earned
compared
—V.
per
$5,548,934
$4,459,476
$2,067,609
$2.97
—
$2.29
$0.82
share
common
168, p. 945.
.......
Melville Shoe Corp.—Current Sales
Slightly Lower—
Slightly Higher—
4 Weeks End. Nov. 27
1948—10 Mos.—1947'
1948
$4,711,601 $41,898,788 $38,158,145
Retail
2009.
p.
$3,66
,
selling and admin, expenses—
Prov.
1948—11 Mos.—1947-
1948—Month—1947
Sales
253,815
share-
dividends received
Miscellaneous
$8,382,594 $80,615,907 $74,763,695
last year.—V.
378,544
$617,624
253.815
2121.
Provision for depreciation
Sundry other deductions
stores
203
month
same
-109,746.
$998,362
outstanding—
common
"
611,900
Nine Mos. End. Sept. 30—
Net sales
;—
Exchange
the
per
94,567
Maytag Co.—Earnings—
for
settlement
1948,
p.
par
Issued
1948.
in
7
to
7,
accompanied
1948—Month—1947
operated
company
199 in the
—V.
1948)
$1,105,914
date
be
Dec.
on
must
14
will
Dec.
shares
Earnings
—V. 168,
that
2326.
p.
Period End. Nov.30—
York, N. Y.f has been appointed
as weil as
warrant agent in
168, p. 744.
& Trust Co., New
The Chemical Bank
in
conv.
$1,011,347
$1,800,425
190,163
etc.)
income'
'
transfer
1947
$1,635,957
164,468
—
discounts,
Federal
%
shares
same
shares
par
delivered after
Dec.
McLellan Stores Co.—Nov.
Inc.—Transfer Agent—
Lithium Corp. of America,
1948
„
*
to
the
On
stock
share
redeemable
168,
1948.
no
the
on
$8,696,260
The
with
Payne,
from
income
Common
Exchange
shares
par
business
of
additional
one
13,
from
close
Curb
no
common
quoted
common
Dec.
of
the
Period End. Nov. 30—
Chairman, states that this action-continues the
board's poiicy of maintaining a strong cash position.—V. 166, p. 1363.
H.
York
New
changed
share
at
of
made
the
on
be
Sales
1947.
Oliver
;
-
Total
McCrory Stores Corp.—Nov. Sales Increased 3.74%—
a
10%
stock dividend on the
to holders of record Dec. 16.
This
with cash dividends totaling 50 cents
declared
directors
the
6,
stock,
common
will
stock
for
for
ruled
the
changed
held
distribution
transactions
bills
be
additional
share
common
certificates
$84,895,262
$9,821,525 $100,593,624
shares
one
common
the
ex
•
1948—10 Mos.—1947
1948—Month—1947
.
$10,920,249
168,
11.2%—
Stores Corp.—Nov. Sales Increased
advised
will
value of $50 effective Dec.
common
each
has
stock
par
a
shares
;
Corp.—Split-Up Effective Dec. 13—
corporation
preferred
The
l»erner
Co.—-Earnings—
v
McCord
•
$1,782,791
2,433,636
2,433,620
$0.92 ;
1 "■ $0.73
£433,620
$0.54
-
$0.63
share
per
168,
2,433,636
973,011
*■
'
■
$2,241,061
$1,312,884
$1,538,052
$2,898,874
.
Other
647.
p.
Int.
Profit
eral
$2,874,477
$3,608,560
36,604
$2,190,827
33,236
operating
Other
-
payable,- $500,000; accounts payable (trade>,
other accounts payable
and (accrued expenses,
$131,909;
taxes, other than- taxes on Income, $28,491; provision for Fed¬
income taxes, $239,276; cumulative preferred stock
(par value
$100 per share), $800,000; common stock (par value $5
per share),
$1,124,000; capital paid in in excess of amounts included in capital
stock, $57,409; income retained in the business, $648,920; reacquired
common stock, 576 shares at
cost, Dr$l,580; total, $3,647,634.—V. 168,
1,492,186
,
•;
Marion Power Shovel
Nine Months Ended Sept, 30—
Sales, less returns, discounts and allowances— $21,661,081 $12,622,402
Cost of sales
18,780.393
10,907,921
Selling, administrative and general expenses1,244,731
703,134
accrued
-
1,158,411
1,284,656
—
;
.v;
ft
(2433)
$119,208;
'
income
'
CHRONICLE
LIABILITIES—Notes
899,200
1,720,211
.*
744,343
,
FINANCIAL
$40,800; investments in ($18,093, at cost) and amounts
receivable from subsidiary and affiliated companies, $73,852;
prepaid
royalties, $12,700; patents (at cost less-amortization), $30,905; total,
-
605,643
retirements__
Prov. for Fed. inc. taxes
&
machinery,
1948—9 Mos.—1947
1948—12 Mos.—1947
$11,579,537
$9,856,718 $16,081,557 $12,668,636
5,502,502
4,744,845
7,644,331
6,035,989
'
678,597
502,492
896,159
622,441
revenues
COMMERCIAL
—V.
sales
168,
Current Year to Nov. 27
1947
$5,562,933
1948
1947
$5,551,892 $66,189,948 $63,327,988
2009.
p.
respect of outstanding warrants for such stock.—V.
.
,
,
McMarmac Red Lake Gold Mines,
Long Island RR.—Earnings—
October—
Net
ry.
1945
$4,737,697
$4,221,847
450,154
601,038
*377,950 /
*261,735
railway—railway
from
Net
1946
$3,916,550
699,486
50,718
$3,682,410
341,037
131,491
income
oper.
40,091,503
6,791,163
*1,015,211
38,774,586
8,369,090
1,079,890
38,579,367
10,471,811
3,457,209
1947
1943
v
from
Gross
The
Richmac
(a)
Net
from
Net
ry.
railway
railway
income
oper.
"Deficit.—V.
44,557,024
5,274,601
*2,464,203
»
168,
—
.
(b)
in
realized gains or losses on
lExcl.
9 Months Ended Sept.
30—
securities sold)
*
Income, dividends and
Expenses
"Net
"
$197,580
distribution
with),
$185,552
99,895
-
in
Richmac
"
period—. $11,462
Capital shares outstanding—-.- 180,331
per/$1.10-*.-
■•Earnings
"Before
$359,100 in
V
*
realized gain
net
1947.
J
'
\ "
.
"
ASSETS—Securities,
at
(carried on the
market quotations
cost, $7,103,247), $7,903,890; cash.in bank,
average
books
at
$303,265; dividends
LIABILITIES—Dividend
of
find.
taxes
securities),
$4,330;
outstanding),
payable,
for
$2,430
net
$8,172,902;
est.
assets
total,
$63,116;
state
tax
($45.32
...
for Federal and
unrealized appreciation
share
per
$8,240,348.—V.
on
168,
180,331
Louisville Gas & Electric Co.
Electric
taled
kwh.,
responding
compared
as
October—
Gross
from
Net
ry.
2326.
1947
railway-
1,518,893
3,318,947
731,264
1,966,407
1,795,043
,
Steel
Co.—Loan
Placed
.
_
Proceeds of the
.
financing will be used to
the
and
notes
remainder
will
pay
added
be
to
working
capital.—
Net
•
and
.On
facilities, a long-term
stock was issued. " " "
Nov.
-
24,
1947,
•
meeting
a
loan
arranged
was
loan,
payable in
annual
on
stockholders
issue
to
5'/v%
a
21, 1948, the
additional 5,000 shares of first
an
annual dividend
July
on
basis.
directors
COMPARATIVE
Years Ended Aug.
(incl.
INCOME
31—
rental
1948
Income),
returns
less
Net
.
5,868,965
1
Total
■
:
for
Federal
income
for the
paid
paid
per
on
income
common
common
in
1,890
;
pfd.
233,000
$274,389
30,000
30,000
89,690
stock
187,000
$367,099
[
89,690
—-
stock—
share
BALANCE
in
tax
,—
first
$463,279
13,567
;
year
6%
on
ASSETS—Cash
customers
bank
$1.08
$1.50
SHEET,
and
on
AUG.
31,
(less $10,500 reserve), $618,108;
inventories of
'
'-<•
material,
$1,318,036;
advances
to
notes
salesmen,
and
accounts
$42,425;
employees',
purchase Of new
receivable,
deposits
for
cents
per
'
*
year
■
.
1948—12 Mos.—1947
1,484,100
,1,143,000
2,246,775
1,973,750
1,615,000 .' 1,524,000
1,266,817
1112,2ae
991,025
850,507
$3,489,248
$2,987,521
$4,483,716
./.,... 4,168
income
Income
Gross
income
Income
Net
'—v.
8,842
5,219
$4,117,683
'18,019
$2,996,363
$4,488,935
$4,135,703
$3,493,416
deduc.
(net)—
695,390
" '
449,448
866,561
the
660,7$7
$2,546,915
$3,622,374
$3,474,916
Michigan Bakeries, Inc., Grand Rapids, Mich.—Stocks
a new issue of 67,500 shares
($20
par) 51/2% cumulative convertible preferred stock and
67,000 shares ($1 par) common stock was made Dec. 9
by a banking group headed by S. R. Livingstone & Co.
and First of Michigan
Corp. The preferred stock was
priced at $20 a share and the common at $5.25 a share.
Other underwriters associated in the
offering are:
$2,356,612
12,444
-
Offered—Offering of
$2,331,149
25,463
$2,002,156
.■
on
1946
28,935
2326.
p;
This
1
$1,441,537
168,
$2,798,025
The directors have declared an extra dividend of
50 cents per share
the common stock, payable Dec. 27 to holders
of record Dec
17
brings total payments for 1948 to $1.75 per
share,-the same
as
paid for 1947.—V. 168, p. 1256.
-
merger.
"
1947'
income
Miami Copper Co.—Extra Dividend of
50 Cents—
\
312
253,996
536,851
$1,001,086
requirements,—
53,478
53,525
taxes—_
stock—
common
shares
$822,272
$947,561
$1,227,220
355,939
353,323
$2.66
profit
-
—
"
$281,757
$0.74
$3.47
ENDED SEPT. 30
'1947'
1948
com.' share—
per
; -
'1946
■
$280,955
$0.74
,
,
and
taxes
charges.—V. 168,
to
$0.13
•
the
to
$64,190
$1.46
time
of
be
received
from
the
sale
of
these
shares
will be
be
conversion
issued
price is subject to adjustment from time
contingencies as a protection against dilution
certain
upon
conversion
privilege.
the
upon
The
number
conversion
of
of
each
shares
share
determined
1045.
p.
This
common.
...
1945
$533,908
*•
to
proceeds
to redeem 5,968 shares of
outstanding $1 non-cumulative pripr
preference stock at $20 a share; to redeem 4,425 shares of
outstandiiag
$7 cumulative preferred stock at $100 a
share; and the balance will
provide a major portion of funds required for
completion of the
company's new Grand Rapids plant.
The new 5.Va%' preferred stock
may be converted Into common sto«k
at any time at the Initial conversion
price of $7.2727 per share of
58,600'
$2.31
FOR THE QUARTER
'
Net
used
$1,285,820
355,939
,
outstanding——
v
788,200
"
Smith & Co.;
Cleveland
75,000
$876,750
Blosser; White, Noble & Co.; Goodbody & Co.;
Smith, Hague & Co.; The First
Corp.; Campbell, McCarty & Co., Inc.; Dudley
H. Waters & Co.; Wm. C. Roney & Co.
Bennett,
282,281
659,629
—
—
dividend
"After
by -dividing $20 by the conversion
applicable at the time of conversion.
shares
of
of
stock
common
preferred
price
of
the
stock is
common
The
(R. H.) Macy & Co., Inc. (& Subs.)
preferred stock is redeemable at $22 per share during the firs'
years
after issuance of the shares and thereafter during each
two-year period at a redemption price 25 cents less than the Price
prevailing during the immediately ' preceding two-year period, plm
two
Earnings—
Oct. 30/48
Nov.
retail
77,646,000
sales
1/47
$
$
Net
—r-52 Weeks Ended—
—13 Weeks Ended—
:
Oct. 30/48
Nov. 1/47
$
*
accrued
$
75,568,000 317,113,000
price
298,303,000
dividends
less
be
dends—V.
Fed.
4,728,000
taxes
Net
income-
on
earnings
13,171,000
2,374,000
5,422,000
11,411,000
4,894,000
2,832,000
176,000
3,327,000
176,000
7,749,000
6,517,000
9
704,000
704,000
Net
_—.—
Earns,
Earns,
3,151,000
7,045,000
5,813,000
1.54
1.83
4.10
3.38
Months
A.
C.
erations
1904.
168, p.
In
case.
par
value,
no
case
plus
shall
accrued
Ended
Sept.
30—
the
and
redemption
unpaid
which
1948
-
$3,025,038
—
after charges and taxes
Earns, per share on 195,000 com.
2,656,000
share-
com.
the
divi¬
1695.
Michigan Bumper Corp., Grand Rapids, Mich.—Earps.
applic. to com.
per
each
in
than
168, p.
sales
profit
~
stock—
pfd.
on
5,701,000
1,896,000
after charges—
Earns,
Woodhouse,
President,
affected
were
resulted
in
267,927
shrs. outstdg.
1947
$2,618,812
291,6$*
$i.$9
$1.37
explained
somewhat by a
that the third quarter op¬
two-week operational slowdown
slightly lower earnings for the three months
ended
Sept.
30, 1948.
Commenting
(The) Magnavox Co.—Declares 10% Stock Dividend—
directors
The
on
Dec.
declared
6
cash
a
dividend
of
25
Woodhouse
cents
per
next,
the
factory
.
and
share
cash
10%
a
payment
the
and
stock
stock
made
be
to
dividend,
dividend
to
distribution
the
—V.
was
sales
Net
highest
168,
in
on
p.
payable
full
Marine
six
ended
months
any quarter
of
Nov.
this
30
exceeded
fiscal
total
share.
Levitt, Los
the
fourth
enable
the
the
quarter
company
balance
of
the
year,
Mr.
earnings
will be very satisto report earnings for the
last year when net income
year
Mid-Continent Airlines, Inc.—October Earnings, Etc.?—
net
and
are
year,
The
after
in the history of the company.
Magnesium
corporation
provision
reported a net profit of $17,484 In October, 1948.
for adjustment of income tax, as compared to a net
in October, 1947. The loss for- the first ten months
profit of $27,687
Products Corp.,
South
San
.
$548.
revenues
October
October,
.
was
of $623,158 in October, 1948, were $39,519 or 11*
However, operating expenses of $593,847 In
15% above the same month last year, reflectt&R
the increased cost of labor, materials and services and the cost
-ftf
operating additional schedules.
'
;
Although Mid-Continent has operated a route between Tulsa Mid
Houston since Feb. 1, 1947, its reported revenues and earnings to d»*e
above
common
AngCles.—V. 168, p. 1695.
this year
Operating
Fran¬
letter of notification was filed with the SEC for 5,500
capital stock ($1 par), to be offered at $18 per
/ Underwriters are Maxwell, Marshall & Co. and Flynn &
of
that
should
for
was
1801.
Qn Nov. 29 a
shares
said
operation
company's
cisco; CalifFiling With SEC—
.•
and
the
1948 approximating those for
equivalent to $2.02 per common share.
Unfilled orders on the
books at the present time approximate $2,500,000, accord¬
ing to Mr. Woodhouse.—V. 168, p. 1045.
stockholders of record Dec. 27, 1948,
to stockholders of record Dec. 24, 1948.
the company paid four quarterly
cash
share.
On Oct.
1,
1947, a 20%. sfock
quarter
first
record for
15,
on
......
third
the
Jan.
to
made.
the
for
realized
sales
both
go
During
the
current year,
dividends of 25 cents per
receivable,
raw
15
of
9.
to 60 cents per share*t
1948—9 Mos.—1947
.
.
Operating
Other
of
accounts
process,
$1,026,389).
...
1948
hand, $673,617;
finished goods and supplies, at the lower of cost or
market, $788,074; prepaid taxes, insurance, etc., $43,914; land, build¬
ings, machinery, equipment, etc. (after reserve for depreciation of
.$5,203;
approved
—
income
EARNINGS
■■
$613,666
paid—
Earnings
work
$436,768
26,511
16,678
—
Dec.
$19,212,867 $16,353,504 $25,275,132 $21,680,364
11,684,519 ""9,888,376
15,662,825
12,952,725
revenues
rev.- deductions.
Other .taxes
years.
75,480
-
—_
income'
Common
—V.
$596,988
(net)—
/
Dividends
,
4,550,428
general and admin¬
profit
income
Dividends
two
$1,926,676
Earnings per common share—J
1947
$4,987,196
in March)
Prov, 'for
ideprec.
of
(Utility plant
1,734,075
Federal .income taxes—... 1,314,000
to
and '
$1,426,593
14,944
—
—
stock
expenses
Operating
Net
also
contingencies
Balance for
,
-
Federal
Preferred
-
Provision
for
1948
,
.
for
and
$6,465,953
goods sold, selling,
istrative
Interest
issue
j
stores
ACCOUNT
allowances
Other
is
its
deferred
have
—
tax
for
Prov.
Divs.
of
JPeriodEnd. Sept. 30—
Operating
•Oper,
Net
preferred
On
record
bring total payments this
Metropolitan Edison Co. (IncK. Sub.)—Earnings—
allows. $14,424,571 $18,177,659 $15,359,479
9,835,240
12,752,042
10,567,449
exps—
3,162,739
3,498,941
2,460,881
profit—
Life
Aug. 16, 1948, the public
offering was made of 3,000 shares of the above-described stock, which
were subscribed and
are
now
outstanding.
Cost
td
corporation
"
deductions
Excise
shares
Sales
'
instituted forth¬
be
to
corporation
new
be
Richmac
instal¬
Mutual
will
new
dividend
extra
an
stockholders of
Straus &
additional
and
declared
6
20 to
stock (split two for one
See also V. 168, p. 2227.
-
term
15-year
a
the
of
authorized
were
stock
'
Dec.
on
special year-end declaration
the
on
paid
escrow.
of charter
tne
may
Insurance
At
fully
,
was made with The New York Trust Co. and The
Co. of New York in the amount of $500,000.
ments,
•
976,668
This
corporation, which Is also to bear- the costs of Its
organization.
Is to be made for the listing of the shares of the
on
the Toronto Stock Exchange.
income
Total
Other
„
the year ended Aug. 31, 1948, in order to provide adequate
capital and continue the necessary expansion of production
sales
or
166.
operating
Earns,
(The) JVIcBee Co.—Annual Report—
working
to
income
"Net
'
preferred
of
directors
share, payable Dec.
and
less dtect., returns &
goods sold
a
off $3,500,000 of short-
168, p. 2227.
During
new
p.
Prov.
V.
for %hich
stockholders " of
Other
Privately—The com¬
pany, it was announced Dec. 6, has obtained a $4,000,000
loan, represented by a 3%% promissory note, due serial¬
ly to Dec. 1, 1958 from the Penn Mutual Life Insurance
Co. The financing was arranged by E. H. Rollins & Sons
Inc.'
" '
' '" ' * V ";'/.
■''
.
Metal Forming Corp.—Extra Dividend—
The
railway
Lukens
term
sell
to
Warehous,, sell, and admin,
3,221,753
2,255,434
173,122,116 154,679,381 141,031,038 168,393,829
Net from railway
31,598,084
26,470,364
24,037,927
54,665,389
Net ry. 6per. income.-17,601,006
12,593,166
12,988,200
20,126,523
—V. 168, p. 2009.
"
from
McMarmac
corporation, free of pool
of
Cost
2009.
p.
the
the
157,
Sales,
1945
From Jan. 1—
Gross
to
McQuay-Norris Manufacturing Co.—Earnings—
3,912,453
income—
Issue
Nine Mos. Ended Sept. 30—
1946
i
$11,325,700 $11,281,300 $94,216,400 $88,594,300
168,
first
corporation
—V.
Slightly
1948—10 Mos.—1947
capital of 3,000,-
and
cor¬
$17,722,339 $16,208,111 $15,604,619 $14,495,977
railway
oper.
the
—V.
A.
Application
The
1948, to¬
for
RR.—Earnings—
1948
from
Net
kwh.
week last year, an increase of 14.6%.—V. 168, p.
Louisville & Nashville
j
33,618,000
the
1948—Month—1947
Sales
be
to
officers
to
new
(Ky.)—Weekly Output-
with
is
Sales
each.
shares and surrender
incorporation
/
output of this company for the week ended Dec. 4,
38,524.000
of
years,
(h)
*
authorized
an
Ltd.,
permanent board of directors-of the new corporation
are
to- -be- as follows;- • James* E. Doyle, Director and
Coulter McLean, Managing Director and Vice-President;.
J. Maitland Macintosh, K, C., Director and
Secretary-Treasurer; Hon.
W. P. Mulock, K. C., Director; and A. Kelso
Roberts, K. C., Director.
(f) Should the new corporation require additional capital within
able
shares
2121.
p.
Mines,
Stores Co., Inc.- -November
Period End. Nov. 30—
right of first refusal to purchase shares is to be
given to Zenith Securities Ltd., which formerly was connected with
the financing of Richmac,
which requested this provision.
(g) Adjustments are to be carried out as* of .Aug.
1, 1948, and
expenses of operation of the properties thereafter
are
to be charge¬
reserve
on
The
its
two
receivable, $27,824; accrued interest receivable, $5,369; total, $8,240,348.
state
Gold
consideration. whereof the new
976,668 fully, paid shares.
'
President;
■
-BALANCE SHEET, SEPT. 30, 1948
'*
■-
"V—
..
<e)
»and
•
1948 and
securities sold of $146,229 in
on
$1.12
-
Mercantile
Higher—
of
is to
[supplies, payment
$85,657
165,239
for
sell
McMarmac-'is
(d)
"Surplus
memorandum
sell, transfer and convey to the new corporation
all Its assets and undertakings whatsoever and wheresoever
situate, to
include its mining properties, and cash and liquid assets of a value
in
excess
of. $160,000 (but - excluding $2,000 retained as costs of^
- 1948
1947
$342; 1-73'T$233,072
44,594 '•*
47,521
"
1
—1
——_
$1
of
new
Richmac
(c)
'
.
186,117
profit
Dividends
consideration
shares of the
Loomis-Sayles Second Fund, Inc.—Earnings—
,
of Ontario with
value
to
Ltd.—Merger Voted
certain
a
corporation, Boymar
is
par
McMarmac
approved
1948, made between the company and
Ltd., which, in brief, provides as follows:
transfer, free of encumberance, to
the new corporation all its principal, mining
properties, together with
the mine
and
milling plants and all buildings used in connection
therewith, but excluding stores, supplies or concentrates in process,
2326.
p.
mining
new
shares of
000
from
8
Sept.- 14,
Mines (1936)
Gold
A
Oct,
on
dated
formed under the laws
From Jan. 1—
Gross
stockholders
agreement
1948,
last year.
were
have
the
account
into
the
for
this
for
taken
not
entitled
amount
the company is
The rate of pay
the Civil Aeronautics
which
to
has
net
designated by
been
yet
Board.
AND STATISTICS
OF EARNINGS
Operating
Net
'
revenues
Revenue
carried
miles flown
passengers
Capacity passenger
Revenue
•
—V.
168,
Gross
Net
,
«
.
——-—
14,783,808
——
8,52b,b0i
13,015,711
Gross
from
from
ry.
218
income
outstanding
shares
A
outstanding
shares
B
Earnings
—V.
1946
$1,985,374
425,685
838,053
E'JIJ
838.053
Taxes
holding
a
of
—V.
Subsidiaries Stocks—
in
company
as
Dec.
Service
Public
the
or
Co.
winning underwriters.—V.
process
,
799,265
784,241
*
"
.
,
1948
1947
1948
of
168,
1948—Mo.—1947
'
The
(est.l^.*
Railway
sets
.
*
089,148
operating
and
Paul
500,000
V.
Galvin,
Robert
of
$2.34
President,
Galvin
1947'
announced
$211,371
consumer
structure,
product
Mr.
,
Deduction
from
Refund
Federal taxes
Income
gross
'1,564,634
""
$1,462,047
420,525
"f
income
on
arising from carry-back of unused
credit—:
income
market
is
factory.
to
in
now
the
Motorola
plans
and
in
result
*
industry
an
drop
167, p.
*$87,981
1045.,
$233,287
♦
'
out
of
worth
of
television
business
ready by May, It
2,000,000
home
radio
sets
this
Gross
1948
from
from
ry,
.
,
,
from
Net
from
Net
Operating
v
ry.
1947
1946
oper.
$6,392,378
Net
operating
income
charges—
after
168,
$1,795,853
$1 ,382,968
500,250
318,826
723,285
147,006
95,697
*300,862
16,661,490
3,536,623
15,097,131
11.,789,492
13,125,660
3,824,834
942,162
2,389,058
1,561,747
1,519,851
♦17,366
981,607
$1,486,253
9 Months
Net
459,069
.
income—
168,
series
'
....
!
7
(the
of
such
From Secur.
Profits
$.12
$.01
.15-.07
Total
-•
'
.12
"
~
.15*7
-
___
!o8
.01
i'.107
'
shares."
.09
shares.—
1
"
.10*
!o9
7
.
.06
06
-
1948—Month—1947
168,
-
Corp.—Earnings—
'
•
.
1948
1947
'
1946
1945
$1,787,943
$2,357,316
$1,818,783
$2,256,562
733,000
969,000
' 722,000
461,200
$1,054,943
$1,388,316
$1,096,733
$796,562
$1.02
after chgs.
earns.,
Fed,
-Sales—
1948—11 Mos.—1947
$1,279,947 $11,938,652 $11,952,090
2010.
p.
$1.35
$1.06
$0.74
Fed. and State inc. taxes
excess
profits tax.
993,800
Balance
Earns,
per
168,
debt
of
com.
shares
1365.
p.
'
Brothers, Inc.—November Sales Up 3.21%
Period End. Nov. 30—
Net
sales
—V.
168,
—
2010.
p.
New
'
,
This
1,178,679
'
'
week
put
1947
|
-
,_L r $7,979,986
$6,042,678
148,060
102,301
....
;
,
for
corresponding week
is
reported
ft.,
cu.
or
at
3.17%
a
year
209,071,000
below
ago.
cu.
production
ft.
of
corresponding week a year ago.
"t
Nov. 30, the Association reports electric out¬
kwh.
for
838,631,000
Plant
the
week
the
ended
-
This
of
is
increase
an
63,847,740
November,
decrease
a
for
3
kwh.
of
1,888,144
for
the
kwh., or
corresponding
ago.
output
is
this Association reports electric output
decrease of 44.218 kwh., or 0,28'/<• below
6,844,000
production
year
of
1948,
48,098,000
ft., for
cu.
the
iff reported
at
790,533,000
cu.
ft.
cu.
ft., or 5.74% below production
corresponding month a year ago.- *
Improvement Program Involves $41,000,000—
$505,247
„
3,
a
kwh.
Dec.
of
ft.,
month
above
a
Gas
of
1,568,839
Dec.
the
65,735,884
of
This
172,614
for
cu.
the
month
10,077,308
188,186
1,992,859
ended
decrease
a
2.96%
1946
$12,324,008
f 18,903,725
;
•
16,047,362
output
is
.215,915,000
Corp.—Earnings— O.
1948
$5,210,047 $47,561,135 $41,789,570
.
16,00^,144 kwh. ^This is
Gas
$2,418,736
>
$5,377,734
"
1948—11 Mos.—1947
England Gas & Electric Association—Output—
the
For
of
4,260,013
•'
1948—Month—1947
...
139,405
41,830,506
$35,333,834 $27,127,448
income
estimates
2470.
p.
Nehi
$48,509,255
4,661,385
Operating income
Other
"
$1,266,974
—V.
start
$48,6^8,660
,
$6,277,058
189,255
of sales
—24,658,104
Provision for depreciation.
—_j
Shipping, selling-and admin, exp
2,695,744
1905.
1695,
pp.
From Inv.
National Shirt Shops of Delaware, Inc
1,074,495
6,978,932
$323,126
Ended Sept. 30—
ex-distribution
.11
Period End. Nov. 30-
Co.—Earnings
685,924
sales
sell
1949):
series
Sales
1948—10 Mos.—1947
.
Cost
railway
1,399,265
$862,077
Mullins Manufacturing
*400,991
224,634
10
preliminary
15,
;
trade
For
488,317
.09
f08 r
945.
2010.
p.
,08
.02
$.12
equipment
1,401,754
$5,478,729 $60,846,073
4,696,534
47,590,083
4,807,016
.
.
.7'
...
$8,129,810
$5,502,319 $61,037,891
23,590
'191,818
16.661
.03
.05»
.09
funds
are
Feb.
shares
,
V
charges,- amortization
p.
$6,409,039
Operating
revenues.,
Operating expenses....
Operating
taxes——
following
series
—V.
168,
.061
.11
.01
.06
shown
payable
9 Mcs. End. Sept. 30—
1,726,289
846,437
interest
1948—Month—1947
rev.,.
the
sources
share,
Railroad
1945"
$1,885,668
railway
oper,
all
etc.—V,
revenues
Uncollectible
—V.
i_.
•Deficit.—V.
for
premium,
V
Fund——.
1949,
the
per
Neisner
From Jan. 1—
Gross
1,017,359
——
deductions
and
31,
groups
automobile
$9,540,455
Mountain States Telephone & Telegraph
,
income—
railway
railway
oper.
1,060,818
$.07
.
.04
"
Railroad
1948—12 Mos,—1947
$6,136,710
1,268,721
Period End. Oct. 3i—
Net
Net
income
"After
expense
1948—9 Mos.—1947
$7,237,064
„—
income.
series...
stock
Trust
and
167,
Total
$.03
.11
'
stock
Retail
per
'
year,
soon
Profits
.03
series
—V.
distributions,
From Secur.
.10
Jan.
Stock
aldne.
said.
was
such
(the
$.07
—
shares
production of
'
October—
revenues
operating
•Net
$1,041,522
.
...l
shares
Preferred
and
.06
ex-distribution
Income
of building an addition to its
about
100,000: television
about 250,000 in 1.949.This is
will be
of
.05
».005
,
sell
estimates
are
shares
sold
Operating
shown
funds
series!
Selected
name
Net
following
.05
.
.010
.055
*
.04
.050
the
:
Mutual
>
„
15):
Jan.
common
•
-
1948,
Balanced
•
$.08
'
.040
sources
distributions,
process
$40,000,000
Period End. Sept. 30—
;
—Cr300,000
——
and
amounts
Total
---.
.08
•>•■■■
research
Profits
.07
:
series
On
manufactured
turn
to
*
From Secur.
.040
31,
First
home
radios,
auto
Stellner will supervise
,
'
.007
—-
Steel
be
.073
shares
payable
Metal
will
$.012
be
will
1948:
$.030
series
.
Minneapolis & St. Louis Ry.—Earnings-
Net
30,
share,
.058
Automobile
engineering;
through its own distributors, Motorola will
manufacturing sets for direct sale "to some of the major
manufacturers.—V.
168, p. 2227.
*
'
-
•Loss.—V.
Nov.
:
Low-priced
on
Wavering
six
paid
2363,,
p.
series..——
stocks
bond
set
own
$1,410,145
51,902
$1,497,922
299,352
——-
profits
record
7.
organizational
new
167,
per
Income
Bond
more
sets in 1948 .than in 1947,
Although a 3,000,000
drop is foreseen for 1949, Paul V. Galvin' predicts that the
company will still have "a good business" in this division,
,In addition to Motorola's extensive participation in the car radio
field, where it has long led the industry in supplying sets under its
1946
$1,476,978
20,943
$192,399
18,972
—
income
excess
of
distributions,
From Inv.
Executive
as
$1.25
first
thereon
taxes
-7—
Low-priced
W.
and
Research Corp.—Distributions—
following
500,000
$2.03
1946
shares
amounts
" '
■
product design.
for
year
Motorola
.
of
the
series
Dec.
share,
—
television plant addition
new
home
Co.—Earns.
Transport
&
.1—
revenues
Non-operating revenues
Gross
in
$1,231,621
'
share
,
corporation
Despite
,
1948—4 Mos.—1947 *.
$8,613,587
1948
Oper. expenses and taxes
Net
On
792,956
$1,072,863
•••'•>
this
The
'
bus-_„ $16,836,622 $16,843,719 $16,959,767
16,644,224
15,366,740
15,549,622
Sept, 30—
railway
revenues
1948
shares
Total
Electric
Milwaukee
Securities &
Euilding shares
Oil
2010.
12 Months Ended
collected
series
Chemical
2,167,630
Mountain States Power Co.—Earnings—
Net
Income
'
1947
$0.09
insurance applicable to
occupancy
1947,
Income
$4,192,207
—''.
outstanding
common
the
■television,
$11,718,313
$3,044,198
—
p.
of
shareholders
to
Industrial
2,519,008
service.
Higher-
Sales 19.6%
1948—Month—1947
$2,544,081
Period End. Nov.30—
168,
100,000 shares.—
on
From Inv.
•
$4,281,018
-
radios, television sets and car heaters. • Mr.
all merchandising,
including sales, advertising,
' ' *
'
"
$124,830
deducting depreciation of $42,082.—V.
15,
Institutional
'
:
.
1256.
automotive
Under
,
gales
Dec.
paid
1948—10 Mos.—1947
\'m
p.
responsible
1947
*
2010.
Miller-Wohl Co., Inc.—Nov.
Oper.
On
Dec. 8 that
he has named Walter H. Stellner as Vice-President of
merchandising
and
Elmer
H.
Wavering as Vice-President of product design.
Mr.
Stellner was formerly
Vice-President in charge of home radio and
television set design and Mr. Wavering was Vice-President in
charge
$1,448,000 $17,100,000 $15,609,000
$1,480,000
—
36,670
$8,769
—
'l
National
'
'
Following the recent appointment
—Feb. 2 to Nov. 27—
4 Weeks End. Nov. 27
—V.
1,447,184
profit
expected
~168,~~P;
tAfter
^
—
-
2,264,724
;
V-ice-President
Sales Increased 2.2%—
Miles Shoes, Inc.—Current
—^
1946.
4,769,364
2,233,654
Motorola, Inc.—Changes in Personnel—New Television
Plant Addition Ready by May—
V1
-
•
Inc., shares was
Co.. at $14% a share, less 55 cents
NASD.
*
*
the Wisconsin Power & Light Co.
of Indiana, Inc., shares is planned
168, P- 2326.
;
by Glore, Forgan &
6
share
per
operations
Speculative
liquidating distribution.
the Indiana Gas & Water Co.,
a
compensation to members of the
No
public reoffering of either
—V.
jn
I
reoffering of
Public
Sales
4,985,903
3,487,434
—
income
on
Net
.
the
6,803,656
2010.
profit
Expenses
per
rate
1947
*$161,499
5,030
—
—,
<
1,309,423
p.
months'
'* *53,570
Moore-Handley Hardware Co., Inc.—Earnings—
Sept. 30—
1948
'.
of dissolution, on
& Light Co. common
stock
to
Selectra, Inc., at $12.98 a share; 8,198 shares of Public
Service Co., of Indiana, Inc., common stock to Bear, Stearns & Co., at
$20,071 a share, and 43,853 shares of Indiana Gas & Water Co./ Inc.,
common stock to Glore, Forgan & Co., at $13,959 per share.
These
shares
represent the portion of each investment left after
Middle West distributed the major portion of each Issue to its own
by
165.545,
9 Months Ended
shares
corporation,
etockholdcrs
1948
t$13,799
1
tax
•Includes $65,000 use and
54,618
1
income
Earnings
$232,812
'
,
3,434,407
Gross
awarded 20,467 shares of Wisconsin Power
shares
110,444
2010.
p.
Earnings
Middle West Corp.—Sale of
made
168,
$1.20
the
at
class A dividend requirements
168, p. 1905.
/
for
income
Aviation
$1.40
$0.19
$3.72
$0.98
*
6
328,376
$124,896,127 $129,206,246 $1,090,672,344 $1,017,858,531
Common
annually.—V.
The
Federal
1945
7,104,605
168,
in 1948 and $80,000 in 1947 for provision
tAfter depletion, depreciation, estimated
and deduction of minority interests in earnings,
t/fter
taxes
allowing
Dec
$653,314
322,804
*
1945'
■*
income...
oper.
Sales
abandonments.
probable
Ended Sept. 30—
before income tax
'
.
deducting $400,000
•After
Income
$702,181
186,575
railway
•Deficit.—V.
1947
$2,909,396
*1.086,552
$32.48
$1.57
A
class
per
*
share
B share___^—
class
per
^Earnings
lor
—
Ilirillll
Drofit-
tNet
'
Net
428,586
railway
64,106
(& Subs.)—Earnings—
1948
$6,047,661
*2,678,256
82,,458
1,657,277
Nine Mos. Ended Sept. 30—
Class
' ,1*
•
1947
—
Per. End. Nov. 30—
Class
'
,
-Earnings—
Months
Net profit
Montgomery Ward & Co., Inc.—Nov. Sales Off 3 3%—
Middle States Petroleum Corp.
Gross
'
I '
$850,899
railway
railway
Net
72,832
*—
V"
'(
*»'
1948
f-om
from
Net
oio
——
I1
«
^
ry. ope'1. Income—
From Jar.. 1—
2326.
p.
,
Net
passenger
miles flown
load factor
Mail, express and freight tons_
Mail, express and freight ton miles
$o83,639
27,687
-
*9.«4J
*
passenger
Revenue
—
r
j.
October—
—
—
——
.
9
Monongahela Ry.—Earnings-
$623,158
17,434
———
efficiency
1
./
1948
profit
Operating
National Oats Co., East St. Louis, III.-
first mortgage bonds, 3%
series due 1977, are now avail¬
exchange for temporary bonds at the City Bank Farmers Trust
Co., trustee, 22 William St., New York, N. Y.—V. 168, p. 2227.
in
f
COMPARATIVE STATEMENT
Monday, December 13, 1948
Definitive
able
1
Month of October—
CHRONICLE
Monongahela Power Co.^-Definitive Bonds Ready— ;
transportation of mail on this route.
service
FINANCIAL
&
COMMERCIAL
THE
(2434)
10
*-
The
Association's plant improvement program for the years 1946 to
inclusive, which has as major items additional generating equip¬
ment
in
their
steam-powered stations in Cambridge,
New
Bedford,
and
Portsmouth, N. H., and a high-voltage interconnection between
117,325
1952,
Total
Mission Corp.—Declares Conditional Dividend—
The
directors
stock
of
shares
Mission
of
(at
upon
the
stock
Dec.
on
of
10,
and
dividend
a
of
one
share
Other
of'capital
of. $5 par "value," for each three
Mission Corp. held of record at the close
of
Mission
payment
of
of
payable Dec.
obtained by Mission
Exchange
Commission
28,
1948,
conditioned
Development
to 'carry
out
Co.
directors
out
the
In
plan
the
event
dividend
said
of
$2
stock
record
The
not
issue
to
the
at
dividend
on
share
the
close
as
stock
of
Dec.
28,
be
paid
will
holders
of
Stock
said
that all
ex
and
to
shares
in
before
or
per
York
New
the
of
business
accompanied by due-bills—V.
1948,
for
Dec,
on
Dec.
p.
Co.
reason,
a
•
beiore
Income
is
_
1695.
until
$46,484
Prov.
for
Amort,
of
debt
&
prem.
Balance
168,
(Cn_
stock
,
p.
628,500
556,000
9,233
110,796
101,330
127,376
111,874
(869,548
772,210
910,445
$124,599
$102,735
$1,592,376
$1,634,707
30,688
28,357
355,038
Period End. NOV. 30—
308
3,340
4,122
2,395
13
54,902
20,763
$96,565
$74,698
$1,295,580
7,705
$1,371,342
7,705
92,455
112,573
$88,860
$66,994
.
$1,203,125
2010.
$1,258,769
OctoberGross
Net
1948
"
from
Net ry.
oper.
Income
5!
3,445.808
2,518,508
1,790,627
From Jan. 1—
Gross
Net
Net
—V.
from
from
ry.
railway
railway
oper.
108,
p.
1945
4945
income
.
3,939,169
2,G22,161
45,056,480
22,386,207
36.587,128
17,542,638
■:
use
1947.
Dec.
10
216 035
74 142 523
System,
stated
was
$41,000,000,
which
of
'
-
the
of
$3,500,000
the
Co.—Earnings—
'
9 Months Ended Sept. 30—
1948—11 Mos.—1947
operating
Other
Income
*"
Total
gross
—_
—
-
expenses
Purchased power
———_———
Provision
524,701
521,507
480,009
1,020,353
948,893
855,000
1,349,000
—
:
for
and
Federal
other
9,325
$16,638,096
2,305,188
1,873,819
13,375,115
8,773,357
480,000
—
Taxes, other than Federal income tax
Interest
31,666
$20,626,623
——
—
Maintenance
1947
$20,594,957 $16,628,772
——
earnings—
Operating
7
*1943
revenue——,i
Depreciation
will be
able
to
the
return
portion after that date without
increase.
The new schedule of fares provides also for a 5%-. discount
on round trips.
The 25% round-trip discount on international flights
to Havana will be continued.T
7
"
use
-
Net
Income
tax—
charges-—
Operating
351,853
261,844
$1,714,414
$2,429,676
—_
$794,969
939,413
961,064
loss__»
$321,275
$166,095
Other inc. deducts,
15,016
7,302
(nett
$1,867,520
2,852,427
■
$845,854
$630,870
33,848
;
lows
7—1—
loss
108,
p.
$336,291
$173,397
'
$879,702
1801.
Crl,445
$629,425
,
Net
sales—-
Net
after
-
1948
;
:
charges
taxes
—
profit——————
Ccmmon
shares
168, p. 2122.
-
697,454
$3.37
287,648
$646,762
191,780
—
-
_—
$5,406,627
464,016
—
outstanding
1947 "
-
$6,021,016
1,111,378
'
....—
-Earnings per-common share
—V.
—
/.7
taxes
—
263,473
,360,630
360,630
$1,353,784
$2,069,046
791,869
801,002
—
and surplus—
284,716
$409,806
191,780
-
effect
to the purchase of properties formerly owned by Bel¬
Hydro-Electric Corp. from July 1, 1948.—V. 168, p. 2122.
New Orleans Texas & Mexico Ry.—Earnings—
1948
Gross, from
from
Net
ry.
railway—
railway
oper.
income—
1947
1948
1948
$565,683
$584,732
$467,244
$490,753
96,039
203,361
41.742
194,903
*~
89,925
175,213
36,201
117,557
6,472,360
6,269,530
6,252.561
7,331,673
1.947,253
1,687,914
2,609,198
2,837,159
3,822,627
1,953,843
3,250,726
2,368,417
From Jan. 1—
-
(,& Subs.)—Earnings
Nine Months Ended Sept. 30—
dividends
Oofnhpr
Net
Net
declared—
common
income
for
Falls
$2,221,558
2,713,374
.
for
—
-
1948—3 Mos.—1947
$618,137
—
dividends
Balance
•Gives
revenue
operating
ACCOUNT
1948—Month—1947
Operating expenses
Net
INCOME
income
Preferred
,
Prov.
COMPARATIVE
Period End. Sept. 30—
Income
26;01?;011
Edison
.
Profit
13,571,770
Boston
approximately
Moore,
New England Power
tBased
Fares
were
raised
to
the
same
level
with
other, lines,
effective
10, under a new tariff filed with the Civil Aeronautics Board.
.Passengers who rode, the first half of round-trip tickets before
5,638,453
29 950 089
the
of
$1.06
Dec.
,
2,252,941
182,935,673 163,530,687 143,881,868 188
2121,
1948—Month—1947
National Motor Bearing Co., Inc.
1947
railway!—_ $19,437,167 $17,612,919
$15,852,630 $16,947,452
railway.
5.003,
$0.87
and
of the balance needed
by increase of subsidiary
to $4,000,000 by sale of additional
common
Association, and the remainder, $6,000,000, from the
of plant replacement funds."—V. 168, p. 2327.
'>;'t V-+
Gross
RR.—Earnings—
from
$6.00
National Airlines, Inc.—Fares Increased—
—V.
Missouri Pacific
.$1.24
station
expenditures
$15,000,000
shares
......
288,250
258
(Cr)
-
pfd.
47,167
9,233
disct.;
Income
on
—V.
debt
expense
deductions
Net
Divs,
__
long-term
Amort,
53,417
taxes
income
on
3,682,964
1818,735
—
income
Gross
345,843
acqui¬
taxes
Federal
Other
plant
adjustments-
General
Int.
depreciation.
of
.
sition
325,671
expenses
$7,099,367
3,124,675
-
■>"
$0.20
.
$0.15
that
about
debt,
$310,749
7
$6.2.1
$12,144,181 $10,921,500 $113,746,822 $98,755,135
The company in November, 1948 had 210 stores in
operation, com¬
pared with 209 in the corresponding month last
year.—V. 168, p. 2010.
1948—12 Mos.—1947
$7,702,920
Coleman
about
-209,000
*
(G. C.) Murphy Co.—November Sales 11.2%
Higher—
-
$616,851
$1.09
$255,073
on
42,500 shares in 1948 and 50,000 shares in
275,000 shares in both years.—V. 163, p. 1040.
must
$640,295
$62,199 7
net
Jr., Treasurer of the Association, on Nov. 23
financing of this $16,000,000 has been accomplished
with
an
increase
of
debt
of 'only
approximately $6,000,000.
The
remainder has been financed from the plant replacement funds and
other
existing resources. ' He said, "It will be desirable to secure
$519,749
158,0OO
Bedford
Gross
Mississippi Power Co.—Earnings
Operating
$413,073
42,000
"Based
T
be
further
1948
New
.involve
H.
'
1948—9 Mos —1947
$104,199"
31,500
•Earns, per pfd. share.
tEarns. per com. shaie.
of
2326.
1948—Month—1947
$77,984
(est.)
Sales
Period En.i. Oct. 31—
Gross
revenue
$340,840
-
..
1948—3 Mos.*~1947 * "*
taxes........
taxes
Net profit
on
10,
the
$16,000,000 has already been spent.
Munising Wood Products Co., Inc.-!-Earnings—
Corp.
stock
common
Dec.
168, p.
$4,922,325;.'$3,740,991. '
"
Period End. Sept. 30—
Net
cash
lieu
in
Mission
dividend
after
income'—.
stated
of
1948.
the
83,762
197,970
<-
,
1948,
of
10,
delivered
168,
any
28,
stock
cash
or
.<
Development
that
directs
dividend
certificates
Mission
common
on
Exchange
stock
dividend.
a
$622,572
,
,
.
agreement, (b) the receipt by Mission Corp. of the
Development Co, sufficiently in advance to permit
on
Dec.
28, 1948, and (c) upon the board
hereafter determining it to be inadvisable to
carry
dividend
quoted
notice;
be
or
distributed
not
of
not
$6,144,979
160,021 7,
120.988
3,045,700r-. ' 2,283,000;5
...
from
plan
a
"Net
—V.
dividend
the
$8,128,046
„
taxes..
to
r
reorganization and
stock
income
charges
Provision for Federal
Co.,
1948,
being
approval
Securities
declared
4
Development
common
business
of
Dec.
on
$2.14
*.
from
Net
from
Net
ry.
—V.
railway
railway—
oper.
income.—
168, p. 2C10.
New York Central RR.—Equipment Trusts Offered—
Halsey, Stuart & Co. Inc. and associates on Dec. 9 were
awarded $9,720,000 2%% equipment trust certificates,
maturing $648,000 annually Jan. 1, 1950 to 1964, inclusive.
The certificates^ issued under the
Philadelphia plan,
were
Volume
tHE COMMERCIAL
Number 4759
168
immediately reoffered subject to ICC authorization, at
to
yield from -1.55% to 2.90%, according to
maturity.
.;,*
Associated
in
&
Co.
Stuart
offered
&
Co.
Inc.
either
as
named
10-year
price
a
of
Net
99.137
bids
rv.
—V.
Salomon
were:
Bros. &
$410,715
$411,492
$290,104
Operating
89,640
Operating
149,26,2
.
119,163
70,577
12 Months Ended
94,173
19,990
10,954
4,218.453
3,43,;),623
3,418,126
3,788,548
1,209,636
925,546
838,335
200,237
42,775
iiio.me___
oper.
168,
York
531,802 "
1948—Month—1947.
$
revenues—
oper.
1948—10 Mos—1947
$
$
Net
34.350.838
Net
lor the
after
—V.
168,
4,396,466
45,291,967
2,883,787
3,014,483
31,997,629
the
on
cap.tal
1948.
The
made
in
V.
stock,
previous
January,
New
«,
Dec.
on
York
declared
8
payable
payment,
168,
from
Net
ry.
cents
2,532,436
25,294,284
27,684,154
1948—Month—1947
1'_
168,
of
record
amounted
$1
to
per
22,
Dec.
share,
Profit
Net
-Earnings—
1947
'
1946
$11,994,960
$10,371,916
$110,927,131
$291,929
127,033
$180,284
1
■>15,842"
73,206
60,759
income—
101,093
■>37,735
90,621
242,240
rail way —
$177,579
$206,723
deprec.
taxes
and
Gross
Net
railway—i_
railway.
Tv.
income
oper.
'Deficit.—V.
168,
2,543,200
927,425
;
1,812,311
197,644
851,930
634,048
-
'
'
Sept. 30—
1948—3 Mos.—1947
'
$1,407,057
"Taxes,
interest,
etc.__
Joint
Net
2,417,076
2,605,721
Other
1,355,357
income
'Inclusive
$182,921
__
of
provision
for
$170,813
ry.
rents
168,
Sink.
946.
p.
RR.—Earnings-
Railway
Operations
1948—,*'■'.*
Railway
Operations
Total
$1,262,811
Net
income
V- ■ *
_
Net
bcfcrc
income
i"1
income
Month of
"Net
18,992
183,412
3.293,720
33,279,624
153,672
152,301
1,347,469
4,122,233
3.446,021
154,847
167,643
debt
109,266
786~293
786,293
inc.
taxes
$496,518
$267,058
£2,000
1,666,667
2,982,793
30,383,120
25,850,241
Fed.
taxes
i$277,518
5,525
inc.
Fed.
before
income
tax
inc.
Taxes
839,367
taxes
130,000
$303,833
inc.
income
after
Fed.
inc.
Net
t$530,009
inc.
$303,833
Sept.
t+$400,CG9
11,606,566
net
30,
3,690 911
Net
income
income
after
the
10 Months Ended Oct.
$3,264,322
$3,696,911
$6,961,233
—1,347,324
Fed.
Non-operat;ng income
taxes
inc.
taxes—
1,172,676
1948
1L47
$2,524,235
f$4,441,233
taxes
f$l,916,998
to
Fed.: income
tax
Fed.
inc.
carry-back
U.
taxes
1*86,091,378
1.105,COO
credit-
after,Fed. inc. taxes.t+$4,986,378
of
that
Haven
New
of
the
Boston
income taxes.
Federal
Providence
and
S.
Mineral
9,208,087
RR.,
fixed
tive
Cc;
charges
July 1,
taxes
bond
and
and contingent
the
nine
months
$139,287;
for
based
interest.
interest
JIncludes
excludes
fixed
oper¬
charges
1947
net
income
includes
basis of reorganization
on
per
quarter,
213,800
on
for
taxes
based
$0.43
on
168,
1906.
p.
the
less
cost
Deferred
effec¬
the
1948
net
income
Ontario &
■
*
'
SEPT.
field
and
From Jan. 1—
Gross
Net
from
from
Net
ry.
1947
$323,757
>78,217
*67,210
*83,788
*235,156
assets
(less
p.
equipment,
1945
7,0-76,688
569,583
*820,945
*921,441
1945
6,098.010
*163,149
*1,259,458
6,829,831
178,353
.
revenues
___
1,193,190
Elec.
.
*
for
&
resale
2,288
.
utility
reduc.
$338
1948—12 Mos.- —1947
3,155,613
14,689,237
12, 543,645
1,874.361
10,847,783
-3,212,999
905,375
906,655
3,754,305
28,652
789
43,938
51.6C7
'
342,000
387,000
958,569
1,616,000
-
1,943.000
4,184,967
3,781,447
$1,349,717
$1,453,373
$6,122,830
$6,551,460
337
657
6,009
deductions
"Special
Net
$1,454,030
$6,128,839
412,567
413,054
1,662,094
1,772,823
75,000
75,000
225,000
—_
charge
income
first
of
'
'
'
'
■'
■
'
,
: ;
adm.n.
-34,312
whiskey
of
of
the
distributions
con¬
company
owned
Savings
Bank
available
of
to
Chicago
the
in
amount
stockholders
common
make
to
the
and
substantial
a
payment
principal of the loan
outstanding
be
required
have
oh'
share
advised.
of
authorized
share
a
Old
This
To
obtain
his
pay
bank
will
the
hi
dis¬
allocable* por¬
,,
also
Vsth of
to
that date
on
share.
common
will
the
on
of
second
a
common
Poindexter
distribution
liquidation
stock
of
will
be
General
the
common,
payable
Curb
In. kind
distribution
.'tock
further
of
will
General
be
not
notice.—V.
Bottlers
quoted
168,
p.
stock
common
the
ex
bulk
whiskey
bo
on
dis¬
1696.
—
$2,225,137
'■
and
•
1,439,584
196,784
50,673
215,505
out
Other
taxes
Other
Gross
income
Net
income
Water. Works
in
*
above
>
Co.,
Inc.
three
(a
.
$450,414
consolidated
subsidiary
to the
months
net
$582,124
earnings
30,
1948
joins
postwar
11,124
appointed
trustee,
Postwar
Output and
production
mark
in
Noveiifier.
units
and increasing the output for the
to 86,991, it was announced on Dec. 1.
exceeded the previous monthly high of 10,547
year
October.
produced
considerable
said.
8,757
p.
units;
in
that
the
improvement
-
"Although
April,
we
can
we
in
the
11
9,269;
in
flow
months
of
encountering
are
maintain
1948
first
June,
as
a
the
high
second
of
supplies,"
shortages
level
of
this
Mr.
still,
production
highest production
hi tory."
all-time
production
peak
109,518
was
1937.
in
cars
2121.
Mcrningstar,
has, purchased
President,
Park
the
Minneapolis,
Nov.
on
Minn.
29
Altman
Leggett
The
announced
Co.,
that
industrial
purchase included
assets
formulas, manufacturing processes and equipment.
former President of the Park Leggett Altman
General
as
handled
the
by
Manager
Placo
of
the
Division
Upper and Western Wisconsin,
of
new
division.
Paisley
Minnesota, North
The
Products.
this
adhesive
all
Leggett,
Pai'lev
be
be
Co.,
territory
Inc.
will
and South Dakota,
Iowa, Nebraska, Wyoming, Montana and Utah.—V. 165, p. 215.
$673,972
of
and
New
—
in October, 10,547.
production gains through
Packard
168,
firm
to
American
.
1948.-i-V. 168,
of
new
this
last
compenv s
Calvert
not consolidated), Included in
dividends received, amounted
Sept.
been
and
of the firm
->
extent of
ended
a
output
manufacturers of
239,582
<
has
issue.
Broadway, New York, will operate
Paisley Products, Inc.—Acquisition—
$913,554
784,564
$72,886
in
The
Joseph
308,507
$1,366,688
in
Co.
through December and thus end
—V.
294,937
$605,048
58,810
months ended Sept. 30,
12
440,103
$509,224
equity
of
confident
are
year
>
178,562
211,517
„rr—
in
81,791
Car
Packard
units,
reflect
year
153,937
191,n42
$387,059
679,628
.
the
shipments
Christopher
.
->$284,404
_
statement only
$487,710
$155,667
353,557
York
New
for
1,258,704
284,892
86,523
"
$202,613
—
deductions
Income
the
"117,Cfc7
-
income*
"•
Income
(net)_—
Operat'ng
73,334
.
total
a
months
March,
•
excess
—70,173
taxes
set
established
In
$3,263,530
355,953
41,236
Motor
month's
10,126
1948—12 Mos.—1947
$2,682,880
$763,385
42,091
62,242
—_
and
of
times..
-
$1,934,713
Subs.)—Earnings—
369.629,
Bank
registrar
with offices at 52
of 11,193 units also registered a new postwar
surpassing October's shipment total of 10,552 cars.
George T. Christopher,
President and
General
Manager,
pointed
out that?'by virtue of the November production
showing, the company
since last March has shattered its
own
monthly output records five
gen.
retirements^-
for
income
(&
1948—3 Mos.—1947
$863,816
City
and
peak,
531,067
•
—————
$6,554,658 C
Pacific
$1,203,155
p. 746,
Gross
from
Net
from
Net
ry.
"
$937,^87"
$965,977
$4,391,745
$4,556,834
'Representing portion of unamortized debt discount and expense and
premium on bonds redeemed in ,1947 equivalent to the estimated
resulting reduction in Federal income' tax.:—V. 168, p. 1585.
■ - ;
Gross
,
railway.——
trom
Paraffine Cos., Inc.—Special Offering—A special offer¬
ing of 10,000 shares of common stock (no par) was made
on the
San Francisco Stock Exchange Nov. 30 by Dean
Witter & Co., at $201 fa per share with a commission of
50 cents. The issue was oversubscribed.—V. 168, p. 154.
168,
,
.
railway,
—
1947
Paramount Pictures,
1946
2011.
1945
$14,046,468
.
Leonard
:
Goldenson, Vice-President in charge of theatre operaon Dec.
1 that M. F. Gowthorpe has resigned offective at the end of the year.
He stated that Mr. Gowthorpe had
accepted the position of President and General Manager of W. S.
4,356,387
3,953,432
2,543,048
2,484,747
4.301,548
4,021,671
129,464,745
115,590,322
104,069,540
125,613,965
which
29,066,433
23,916,280
16.957,258
32.184.477
Mr.
16,732,682
14,309,950
10,406,843
22,621,418
'
Inc.—Resignation—
H.
announced
tions,
5,183,519
Butterfield
.
railway—
p.
•
3,094,332
income—
Net i/». oper./lhrcme—
—V.
' 1943
railway—— $15,841,736 $14,524,174 $13,059,275
oper.
Net from
Ry.—Earnings—
""
October—
From Jan.. 1-*-
call
■
Liquidating
series
a
liquidation
bulk
become
each
The
until
November
<
1,350,000
1366.
Northern
Income
'
Pay
3,197
$1,350,054
...
.
Br216,000
189,972
796,568
——
NOTE—Company's
1,101,440
income
the
agent
11
units
__———
revenues
expenses
3,562,498
income
Gross
the
complete
the
company
for
company
The
•
—
168, p.
Oper.,
015,527
800,009
953,157
income
first
$635
Northeastern Water Co.
to
Operating
15
the
National
turning
i■
-—
V-
surplus
Operating
under
chg. below) taxes
*
Inc.—To
tankers.
we*
<excl. extraord.
Other taxes
Other
..
'
—V.
$9,534,980 $44,428,121 $39, 302,952
*
spec.
i
1—
credits
profits
860,076
plant
shown
f
*i.
i
$1,934,713
contingencies——-3—— —^
s^ocki ($5 par)-—
350,000
Treasury stock (at par)—.———
Drl96,000
Capital-surplus
—;—193,972
Corp.—Earnings-
Prov. for depreciation of
Fed. inc.
'
11
loan.
company,
This
•'
2,632,465
.
registration
100,000 shares if
Shipments Peak Set in November—
194,094
i
•
Common
Prov.
1948—3 Mos.—1947
3,729,941
2
Maintenance
oil
•
1,158,545
149,424
'•••'
payable.
Maintenance*,
$10,968,796
expenses(
gas
purchased
withdraw
to
covering
1943.
consisting of
1948.
at
for
Reserve
*890,948
...
New York State Electric & Gas
Period End. Sept. 30—
and
750
2,599
v
Period End. Sept. 30—
1906.
Operating
in
all
Trust. &
per
of
Packard
——
i..»
taxes
Deferred
Fed.
Operating
24
" - 135,156
reserve)
——
'
$443,880
-
Accounts
£ 118,879
6,690,614
income—
oper.
business, serving 216
Arkansas, having an
28,
9,
The
$2,225,137
Federal
•
42 7,441
/.•Deficit.—'y. 168,
Co.;
1943, to common stockholders of record Dec. 15, 1"48.
Exchange ruled that the common stock of Old Poindexter
paying
1947
2,557
—_—_
fixtures
,
*23,769
799
j,
Dec.
The
"
30
-
......
railway
Co.;
^Olympic Trading" Corp.—Bonds Placed Privately—The
has placed privately $22,400,000 of 3M>% sink-.
ing fund collateral trust bonds, due Dec. 1, 1955. Proceeds
will be used for corporate purposes.
$548,700
111,841
railway
Fenn &
Milwaukee
The
company
'
equal
325,156
total
$748,637
'
i
Beape,
1259.
authorized
stockholder
Inc.
tribution
quarter
$552,211
-
—1_—
___—
reserve
and
^
;
1948
railway—.
Net from railway.-—i
Net ry. oper. income..—
the
"Packard's
$330,193
from
of
ex
;
SHEET,
/ -Total
Western Ry.—-Earnings—
"
October—
Gross
permission
June
167, p.
1945,
was
—
York
ended
and
&
p.2328.
168,
Distillery,
expects
$4.50
quoted
shares.
common
—
receivable
rights,-leases
Earned
New
SEC
filed
will
15,
each
Dec.
230,800 shares; for
share, based on
—
1947.—V.
asked
have
Exchange has been
common
$3,335,756tf$1,650,627,
IDeficit.
but
company
Terminal
ton
to
Bottlers,
$42,6321
1948
1,105,000
♦
Federal
share,
equal to
the 1946
bondc——
Accounts
under the plan of reorganization.
Includes accrued
unpaid charges against Boston and Providence properties for Bos¬
ana
for
$57,780
bid
Other
Fenner
Phelps,
Inc.;
western
,
175
——-
3,335,756
$3,335,756 t$2,755,622
-
and
before
common
was
LIABILITIES—
"Before
ations
243
1947, $305,210;' 1946,
Cash
.
Net inccme
175
taxes
Co.;
electricity
in
'
Dec.
distribution
$42,457
COMPARATIVE BALANCE
3,698,911
—
per
it
share,
per
3,335,756
9,208,087
net- income
$0.75
to
Furniture
before
$507,661;
was
shares;
*u.27
3,696.911
___;
—
income
Federal
the
24
•
company
.The
before
has
stockholders
Directors
27,648
^
$57,537
$110,967
in
and
Oklahoma.—V.
7453)
prior to Dec.
tion
4,500
34,396
ASSETS—
31, 1947—
(net)________
Ncnoperating income (net)
i.:
Fixed chgs. and contingent interest
Net
3,750 '
f-
101.851.
of
Pierce,
1949.
solely
substantially
tribution
100
$110,792
$172,273
.
quarter
2,520,000
inc.
$172,048
225
of
equal
Fed,
income
equal
was
8,342,244
3,696,911
8,342,244
226,800
income before Fed.
4,500
53,366
*
int.)
—r
NOTE—The
11,C06,5^6
2
—
chgs, and contingent interest
Net
3,693
;330
*
bid
a
Lynch.
$128,158.
railway operating income—__
Ncnoperating income (neti__
Federal
&
before
taxes^
31, 1948—
"Net
Fixed
6,000
.
'
after
lean
13,089
3,923
on
130,000
tf$703,842
taxes
(div.
16,678
2,228
80,084
and
$91,493
5,345
-
early
(par $5).—V.
directors
The.
T
income—"—
;
1945
18,834
5,765
2,848
'
oper.
Other
8.39,367
t$833,842
'
Net
*
10 Months Ended Oct.
23,059
«
thanked.)
loiher
.
The
Net
gen.
in
areas
company to Harris
of $2,700,000, and
1,670
exps._
303,833
303,833
credit
carry-back
'
$116,614
2,008
on
by the company
represented by warehouse receipts, the New York Curb Exchange
been notified.
The distribution is subject to indebtedness of the
and
1946
leases
5,525
The
*
Co., Inc.—Earnings—
$196,734
and
Oklahoma
Poindexter
sisting
'
1947
6
Merrill
offering are ■ Otis &
Hutzler; Stroud & Co.
engaged
in
to* common
$2j1,812
Legal rent-Is & pur. exp.
Depreciation
t$452,576
$175,058
985,750
1848
Depl. & prop. chgd. off-
chgs. and contingent inteiest
Net income
Texas Oil
Dec.
were:
Dividends—
865,133
1,600,000
—
operating incomc___i
income (net)________
O'd
has
Central
Dec. 8 offerer!
on
,
:
Admin.Taha
311,000
' •'./
:'■!
,.
is
'••>.'
1,703,477
95,585
200,000
2122.
P.
Produc. exp. prod,
$763,576
219,0C0
_+
.,
34,627,093 ' 30,018,851
3,691,453
income—
Offered—Halsey,
which
the
The
company
statement (No.
lunds-
166,667
'
Withdrawn—
:
1,481,823
1,591,556
cor-
Old North State Insurance Co.- -Registration
Statement
168,729
28,537,028"
1943, to¬
Boston
&
1948
capital stock
'3 Mos. End. Sept. 30—
Operating income
267,058
October, 1947—
Nonoperatlng
Fed.
f.
after
railway
Fixed
Fed.
taxes
i,
20,318,101
8,387,656
_______—
of
168,
6.3%.—V.
population estimated at 890,000.. Among the larger citi--s
are;
Oklahoma City,, Fort Smith, Muskogee, Eid and Shawnee.
The
company also furnishes electricity to practically all of the major oil-
26,049,499
22,686,909
4,
kwh. for the
168, p. 2327.
62,773,000
of
aggregate
89,794,583
2,405,961
0906,751
Drl6,386
reserve
North
$1,282,811
$267,058
of
Company
136,162,183 "
10,776,127
in
communities
28,755,560
3,968,561
funded
on
&
—V.
f—______..,
Federal
'
j>
2,889,406
(net)__
income
Balance
other than
October,.
f
$
-
15,217,870 154,754,407
9,922,503 103,311,918
(net)-Crl,165,050
______
Month of
mainder
1
2,819,897
apprcpriations
Miscel: appropriations—
New York, New Haven & Hartford
"Net
railway operating income___:
Ncnoperating inpome (net)——_
Fixed chgs. and contingent interest
'
•
1948—10 Mos.—1947
$
•
income.
oper.
income
Interest
$589,093
$562,704
taxes.—V.
income
.
1,339,844
812,744
457,429
-
Total
Net
income
oper.
fac.; rents
$4,534,658
$4,335,1.37
449,455
Expenses
' "
'
1948—S MOS.—1947
$1,440,986
774,681
__
$2.39
'
awarded
First
Bros.
producing
Railway
Equipment
(Including New York Dock Trade Facilities Corp.)
Period End.
Revenues
'
1948—Month—1947
Railway oper. revenues.
17,142,361
Railway oper. expenses-. 11,027,545
Railway tax. .accruals—
-3,294,919
Co.—Earnings—
increase
an
week ended Dec.
with
Mullancy, Wells & Co.; Thomas & Co.; R. J. Edwards, Inc.; ahd
H. I. Josey & Co.
; Proceeds from the sale of the bonds are to be applied to the pre¬
payment of $5,500,000 notes,' contracted for additions and betterments
to
physical property
and
to its
construction
program
for the re¬
Ry.—Earnings—
'>•
*
j
*"
New York Dock
$1.02
f
1,709,389
were
coupon
The
Associated
296,875
*
'
-
Period End. Oct. 31--
2010.
P-
Not'
Stated
593,750
——
'
*
Norfolk & Western
957,066
comcared
Corp., 101.55999; Harriman Ripley & Co.,
Inc., and Union Securities Corp. (jointly), 101.403; Equitable Securities
Corp., 101.401.
$709^03
—
•'
446,770
year,
bonds
Salomon
—V..168, i).- 1047;vLV;., *>;..
2,178,670
1.786,765
130,337
■
last
week
(Del.)—Weekly Output—
for the
company
as
3V4%
a
101.751;
Sept. 30,'47 ;
$990,968)
—
$605,962
-*
from
from
Net
-
this
kwh.,
3V4% at 102-52% and accrued interest.
for
385,006j
•
Prom Jan. 1—
charges
(est.)
profit—
"
cper.
output of
66,738,000
group
$96,252,020
Oct. 2,'48
Capital shares outstandings—
Earnings per :
1945
$555,7f't
$7,500,000 first mortgage bonds, series due Dec. 1, 1978,
2011,
p.
after
Federal
113,291
$508,605
Oklahoma Gas & Electric Co.—Bonds
Stuart & Co. Inc. headed a
1948—11 Mos.—1947
Three Months Ended—
was
127,927
(net)___
1257.
p.
respond.ng
Noblitt-Sparks Industries, Inc.—Earnings—
share
per
$869,092
2122.
p.
Per. End. Nov. 30—
2327.
p.
Connecting RR.
railway____
50
holders
to
1948
from
Net
15
which
1946.—V.
October—1
Gross
Jan.
of
2,531
$636,531
income
1E6,
The
dividend
a
$666,530
1,574
income
taled
31,052,840.'
1,876,830
Sales—
—V.
directors
173^476
plant
Northern States Power Co.
44,176,374
Resumes Dividend Payment—
The
utility
__1
deductions
'Net
(J. J.) Newberry Co.—Nov. Sales Show Gain of 15.6%
long
25/ss;
Harr.man
Ripley
&
Co.,
Inc.,
and Lehman
(jointly), 99.035 for short 2%s and 99.065 for long 25/es. T.ie
Corp., 99.61 for long 27/eS.
Boston
256,000
$634,957
of
taxes
income
income
Income
331,213,525 290,805,525
24,498,719 253,923,929 215.576,311
4,370,253
charges
262,500
237,000
depreciation
31,909,668
27,096,798
income__—
cper.
276,000
192,500
for
income
Electric
15-year serials.
for both options,
1 *>50,166
$
—V.
Operating revenues—
Operating
expenses
Operating
taxes—____
1947
$3,311,673
2,391,142
taxes
.Gross
34,462,528 -32626,313 332,226,355 291,487,641
111,690
116,645
1,012,830
682,116
rev._
1948
$3,731,600
i
,
expenses
Operating
Telephone Co.—October Earnings—
Period End. Oct. 31—
Co.—Earnings—
Sept. 30—
revenues
Prov.s.on
Other
1906.
p.
11
1,450,967
31,922-
Federal
railway—
railway
New
99.157 for short 2%s and
Hutzler,
1945
Other
for
Brothers
First
from
Ne„
or
99.29
Northern Pennsylvania Power
194S
income
Uncollectible
were
RR.—Earnings—
."iS4?
Fruia Jan. 1—
from
(2435)
$441,577
.railway—
oper.
CHRONICLE
1948
railway!—_
Operating
stipulating a rate of 2%% for the shorter maturity and 2%%
longer.
The 15-year proposal was accepted.
Other
ry.
Gross
Inc.
certificates
Halsey,
from
Net
The certificates will be issued to provide for not more than 75% of
the actual cost, estimated at $13,338,000, of the following new stand¬
ard-gauge railroad equ pment:
12
2,000
h.p.
diesel
road passenger
locomotives; 54 sleeping cars, and 1,000 55-ton steel box cars.
The
"
lrom
Net
offering were: R. W. Pressprich &
Co.; A. G. Becker & Co. Inc.; Blair & Co. Inc.; Equitable
Securities Corp.; Gregory & Son Inc.; Harris, Hall & Co.
(Inc.); Hornblower & Weeks; Otis & Co. (Inc.); Phelps,
Fenn & Co.; L. F. Rothschild & Co.; First of Michigan
Corp.; Freeman & Co.; Graham, Parsons & Co.; Hayden,
Miller & Co.; Hirsch & Co.; Wm. E Pollock & Co., Inc.;
Swiss American Corp.; William Blair & Co.; Julien Col¬
lins & Co.; McMaster Hutchinson & Co.; and F. S. Yantis
October—
•
Gross
the
FINANCIAL
New York Susquehanna & Western
.
prices
&
since
Theatres, Inc. and Butterfield Michigan Theatres Company
corporations operate a number of theatres In Michigan.
Gowthorpe
1920
theatre
and
has
for
a
been
associated
number
of
years
department of the company.
with
has
Paramount Pictures. Inc.
teen an executive in the
12
CONSOLIDATED
ACCOUNT
INCOME
Profit
after
"Undist.
Oct. 4, '47
1,417,000
earnings
acquired,
sale
might
income
shares
Com.
7,020,972
7,020,972
$3.63
6,835,839
$1.15
6,835,839
outsldg.,
$2.93
$0.94
First
with
NOTE—Effective
beginnig
the
of
fiscal
the
excluded the earnings of all subsidiaries operating out¬
States and Canada, except to the extent that divi¬
dends have been received from such subsidiaries in dollars. The com¬
pany has continued its practice of taking up film revenues from sub¬
sidiaries operating outside of the United States and Canada only to the
extent that such revenues have been received in dollars or are remittable under existing restrictions on remittances.—V, 168, p. 1148.„
"The
tional
the United
side of
York
Exchange announced
Curb
Dec.
on
to
payment
made
be
of
Jan.
on
directors declared
the
7,
Dec.
Earnings
^
.
2, 1948.—V.
168, P. 2011.
'
Dividend—
Dec.
on
announced
7
a ■
the
15, 1948,' This 40-cent pay¬
quarterly of 10 cents, plus an extra of 30 cents.
Not
year-end payment of 25 cents, distributions this
total $1 per share, compared with 90 cents in 1947.
includes
will
year
'
special
announced that "the
company Is carrying over into
the year 1949 a substantial backlog
of orders and prospects lor the ensuing year are very encouraging.—
V. 168, p. 2011.
,
6(.a.
L.
Davis,
Vice-President
and
of
Treasurer,
Net
from
Net
—V.
ry.
$72,169,675
9,973,094
12,854,724
12,346,790
12,141,203
3,226,633
8,623,567
from
Gross
Net
from
Net
ry.
<—V.
832,744,401 747,635,224 682,619,891
140,741,730
96,250,871
61.207,018
176,758,361
58,505,839
27,396,411
19,672,123
94,911,742
Income—
2229.
p.
*$1,615,144
$1.03
$3.76
•
sales
will be substantially
President, stated.
continues
therefater.
1,500,000
kwh,,
this
1948
to
exceed
In
1949
in
4.9%,
or
>
production,
annual
168,
capacity
15d7.
p.
of
The
the
;
$3,903,195
The
corporation
in
$3,798,672 $41,713,950 $40,935,033
November,
compared with 136 in the
1948, had 140 stores in operation,
month last year.—V. 168, p. 2124.
same
Sold—
Debentures
—
and
-
..
,
of
affiliates
who
Retirement Plan—
on
covered
not
are
estimates
company
about
$625,000
mated
at
for
the
plan
service.
which
with
years
that
current
$2,400,000
period of
stockholders
being
the
plan
paid
to
would
the
by
collective
in
the
cost
The
be
amount
will
also
provide
will
in
proposed
payable
will
debentures
tion
for
paid into
not
bargaining
first
will
tures
prices
semiannually..:
be
subject to
time to time,
part from
(stated
jl,"
as
least
30
at
1948;' due
t; and
June
,im
redemption
on
Dec.
Dec.
whole
a
days'
at
1963.
1,
The
1.
cost
is
esti¬
service
plan over
any
one
be
the
to
10%
computed
amend
after
the
existing
consolidated
of
deducting
profit
income
now
plan
but before
taxes.—V.
contributions
or
in
for
the
&
The
operating
ended
Dec.
7.7%.—V.
companies
1948,
4,
248,418,000 kwh.
of
168,
168, p.
served
totaled
the
for
p.
by
will be convertible into capital stock of the com¬
time not later than Dec. 1,
1963,
unless called
for
previous
redemption,
at
the
following conversion
prices:
through
Dec. 1, 1953, at $100 per share; thereafter and
through Dec. 1, 1958,
any
$105
.at
per
be
share;
and
Any
share.
excess
of
payable
to
conversion
and
the
the
the
of
in
price
at the
payable
1963,
$100
over
cash
of
shares
number
cash
through Dec. 1,
conversion
company
price,
amount
thereafter
the
of
time
upon
will
be
per
share
conversion.
issuable
conversion
upon
$110
at
per
will
The
conversion
subject
to
adjustment.
APPLICATION
ceeds
and
from
after
for
the
the
and
struction
PROCEEDS—Company intends to use the pro¬
the debentures,
exclusive of accrued interest
sale
Net
this
corpora¬
kwh.,
week
as
last year,
of
in
expenses
construction
of
certain
of its subsidiaries,
one
requirements,
with
special
which
which
and
connection
have
projects
outside
are
been
such
sale,
of
approved
con¬
by
the
America
and
directors; for other like special construction projects which
may here¬
after similarly be so approved; for the
possible purchase of additional
shares
of
capital
stock
of
Natural
Gas
Pipeline
Co.. of
\ Texoma
Natural Gas Co., should such additional shares hereafter
acquired by the company; and for the possible
acquisition by the
shares of stock of other natural gas
pipeline companies
hereafter, directly or indirectly, supply natural
gas
to
the
company.
Company believes that its normal construction re¬
quirements can be met out of funds which it has on hand and which
be
company of
which
may
and
authorized
1,
1944, and
Penn
its
and
Co.
Electric
the
of
and
the
by each
are
Halsey, Stuart
Pennsylvania,
its
and
tributaries.
consolidated
form
100%
system.
the
of
"
-
underwriters
amounts
railway
1347
1946
,
; *.
the
of
severally
bonds
to
$793,857
$616,841
$468,640
279,173
157,400
78,366
181,939
108,638
82,718
from
Net
ry.
*
The
Inc.
Robinson-Humphrey
Company
$250,000
$2,750,000
.
250,000
Thomas '&
Company-—
250,000
Otis
750,000
Weeden
Co.,
500,000
&
Co
Fenn
Co.—
&
The
preferred
stock
purchased
the
of
names
by
several
each are
<te
Inc
—
750,000
the
and
STOCK
PURCHASERS
principal
respective
underwriters
numbers
the-additional
of
shares
of
severally
W. C. Langley & Co
Sachs & Co
Corp.
Alex.
3,350
W.
Brown
E.
Maynard
Stein
Buckley
2,750
E.
2,750
Richard
Weeks
2,000
W.
&
2,000
Mead,
1,500
William
1,000
Stifel,
1,000
&
Hutton
Wurts,
Sons
&
Co.
Co._
Day & Company—.
Baker, Watts & Co
Laird, Bissell & Meeds
Mackubin, Legg & Co
L.
5,648,665
1,448,427
3,918.437
5,839,161
417,612
1,643,890
1,635,754
978,414
400,110
1,124,731
168, p.
1907.
The holders of 3.60%
at
offices
the
the
12 Months Ended
Operating
Operating
income
Gross
1946
5,622,338
$768,370
$466,159
and
$770,171
other
deductions-
$467,548
'504,891,
:
,
$57,354
*51,067
$939,862
Dec. 8 in
W.
Edison
face
a
Co.
value
Securities
—
of
$8,500,000
Offered—Securities
publicly
f
were
behalf of the company.
offered
Langley & Co. and associates offered 30,000
shares of 4.70% cumulative preferred
stock, series B (par
$100) at $100 per share and dividend.
Halsey, Stuart & Co. Inc. offered $5,500,000 first mort¬
gage and collateral trust bonds, 31/4% series due 1977 at
102.46 and interest.
Potoma;
Net
share,
per
The
less
bonds
received
awarded
were
sale
were:
Glore,
Forgan
First
Boston
Corp.
101.712;
Kidder,
100.5801;
for
Dec.
compensation
Dec.
6
on
bonds, all
100.7899; W. C.
&
Co.,
Inc.
of
Lyons & Co
Miller
of
$100
Other
3V*%
a
&
&
250
Co
&
Staats
Nicolaus
&
&
250
—
Co.—__
Co., Inc.
250
"
250
'
Gibson
Dulles
&
250
Co.—
250
Increase Debt—
special meeting held Dec. 7
a
voted favorably upon a proposal that
increase its presently outstanding un¬
The adoption of this proposal will permit
addition
notes
the $12,000,000
prin¬
outstanding.—V.
168,
to
presently
Alexander, Inc.—Earnings—
Oct.
'j
600,000
on
Oct. 4/47
Oct. 2/48
Oct. 4/47
$5,529,464 $18,324,238 $15,621,306
501,661
11,506,735
11,495,694
$0.84
-
$2.51
$2.49
$0.64
charges and
SBased
2/48
$4,719,287
383,568
profit
^Earnings per share
taxes.
lAfter
contingency reserve of $200,shares outstanding.—V. 168, p. 1367.
common
a
Provident Mutual Life Insurance Co. of Philadelphia—
New Vice-President—
James
H.
Cowles
effective
Agencies,
in Los
company
has
been
Jan.
1.
elected
1949.
Vice-President
He
been
has
and
General
of
Manager
for, the
Agent
Angeles, Calif., since 1932.—V. 168. 2124.,,:
Public Service Co. of Indiana, Inc.—Plans
■
The
bonds
bids
&
Commission
S.
additional
disclosed
Indiana
of
financing
the
through
of
Financing—
to
continue
its
company's
$12,000,900
filing
mortgage
first
for
Dec.
is
to
outside
be
a
hear¬
common
stock
17.
-
preferred
new
stock
offered
is
to
convertible
be
stockholders
present
into
before
being
offered
to
investors/
COMPARATIVE
Period End. Oct. 31—
Operating
Operating expenses—
for
State,
Federal
ACCOUNT
t
1948—12 Mos.—1947
15,472,299
18,154,466
2,533,350
3,206,526
3,022,050
2,516,944
2,211,386
3,047,359
2,573,881
14,560,21-9
misc.
and
taxes
income
12,205,950
2,699,856
depreciation-
local
INCOME
1948—10 Mos.—-1947
$30,056,750 $25,419,689 $35,733,501 $30,313,910
revenues
taxes
2,602,000
2,470,000
3,042.000
2,886,000
$6,765,651
$5,999,003
$8,283,151
$7,271,760
coupon
The
Net
Other
and
Sons
is
an
equivalent amount ($100 par) preferred stock.
application is to be considered by the Commission at
set
and
P.
$24,000,000
This
program.
and
The
ing
plans
company
the
Hutzler,
Co.
Bros.
&
Union
R.
to
loan
sales
Federal
101.868.
Langley
and
bid
a
$3.20.
100.77999; Salomon
Co. and Alex. Brown
&
Ripley
on
naming
Co.,
(jointly),
&
6
of
bid
a
Potomac
Peabody
Harriman
awarded
was
underwriting
an
the
at
stock
bank
"Net
Prov.
preferred
250
a Subsidiary)
3 Mos. Ended^——
9 Mos. Ended
The
C.
The
700
700
Corp..
(Including Gosnold Mills Corp.,
with
Potomac
of
amount
expansion
167, p. 2691.
v/ith
Clarke
$1,390,929
'".,410,194
$265,280
1,000
Co._
&
.
1,389;\"y .'231
—
1,000
Corp.—
company
borrow $5,000,000 in
to
company
Powdrell
$1,390,708
revenues
(net)
W.
1,000
Co.
Securities
&
2329.
$7,013,046
7,996,996
income
Net
-V.
1947
$8,463,155
9,946,126
income—
interest
Net
1948
$10,714,496
deductions
revenue
preferred stock at
company be permitted
debt by $5,000,000.
000.
Co.—Earnings-
Sept. 30—
revenues
opeiating
Other
Coke
the
of
secured
"After all
Portland Gas &
Lynch-
Boyce—_
Newton
M.
&
Murch
&
2328.
p.
Period—
7.232,967
Deficit.—V.
H.
Webster
1,000
&
Noyes
168,
Leonard
Bros.
3,250
—
L.
—V.
Moore,
3,250
;
Horn blower
R.
No. of Shs.
Webster Securities
10,160
2,524,962
income—
to be
follows:
as
Goldman,
Stone &
*16,763
railway
oper.
ct
pur¬
Graham, Parsons & Co.
$369,389
,
railway—
from
Net
be
follows:
as
1945
income
oper.
part
voting stock of
Co.
PURCHASERS
principal
approxi¬
important
an
Electric
Penn
operating
derived
were
miscellaneous, 2%.
subsidiaries
Co.
&
16%;
principal
respective
and
River
31, 1948,
subsidiaries
West
several
Virginia,
all of the outstanding securities
Aug.
its
is owned by The
names
series
chased
p.
From Jan. 1—
the
normal
ended
BOND
The
the
2328.
railway—
from
ry.
of
deduction
financing
^company
OF
the
Oct.
2328.
267,639,000
corresponding
1948
from
Gross
debentures
at
West
Potomac
electric, 82%; bus,
;
...
Engineering Co.—Weekly Output—
the
of
week
with
increase
Net
percentages
of principal
interest in each case: on or before Nov." 30,
1953, at 103; thereafter
and on or before Nov. 30, 1958,, at 102; thereafter and on or before
Nov. 30,
1962, at 101; thereafter at 100.
pany
bonds
of
dated
for
Pittsburgh & West Virginia Ry.—Earnings-
deben¬
time,
any
notice, at the followingamount),
plus
accrued
in
months
company
12
West
Hemphill,
will
year
past
retirement
a
exceeding $240,000 in
asked
be
that
retirement
output
compared
Net
dated'Dec.
be
the
Potomac Electric Power Co.—To
Electric
approximately 103.96.
The
Interest
amount
,
.
will vote Dec. 15 on approving a non-contributory
plan for officers and all salaried employees of the company
certain
The
.Stockholders subscribed to $15,648,300 of an issue of $16,-
400,000 of 3% convertible debentures offered to them for
preferential subscription at par flat, it was announced
Dec. 2.
The unsubscribed remainder of $751,700 was
taken up by Halsey, Stuart & Co. Inc. who sold the
debentures at competitive sale Dec. 3 at an average price
valley cf
PREFERRED
and its subsidiaries for the
155,616,000 kwh., an increase
the corresponding week of last year.
to
stockholders
Gross
£*Peoples Gas Light & Coke Co.
the
the
company
1977
company
over
October—
1948—11 Mos.—1947
The
Indenture
the
thereto.
Maryland, Virginia,
CONTROL—Company
cipal
Sales
of
follows:
as
Phelps,
contracts.
Peoples Drug Stores, Inc.—November Sales Higher—
1948—Month—1947
series.
of
450,000 shs.
BUSINESS—Company was incorporated in Maryland
a consolidation of The
Potomac Public Service Co.
as
the
of
revenues
of
excess
-
our
our
barrels."—V.
amounted
Philco Corp.—To Vote
The
an
Period End. Nov. 30—
AND
States
mately
$2.77
Beer
output, of
Dec, A,
in
restrictions
30,000 shs.
750,000 shs.
company has seven subsidiaries,
which are owned by the company.
t$l,189,085
shortly
or
the
1923,
During
$443,662
Epstein,
Pfeiffer's
B
—
supplemental
centering around
562,080
1948,
Alfred
par)
former The Potomac Edison Co.
a
the
of
1948—9 Mos.—1947
801,102
63,784 shs.
principal business of the company and its subsidiaries is the
production, distribution and sale of electric energy in adjacent portions
that
232,342
168, P. 2328.
retirement
798,328,871
railway..
oper.
168,
accepted
was
63,784 shs.
The
$1.55
Pioneer Service
railway
debentures
■'
100,000 shs.
r_'_
The
4,244,069
income.—
oper.
the
31,
and
.
5,500,000
No. of Shs.
.JTomJau. 1—
-
of
$668,413
approximately
electric
sharing
20,928,924
railway
Dec.
the
fact that we are operating at capacity with greatly ex¬
productive facilities," he said.
"Our
$3,000,000
expansion
is now about 90 % complete and will be entirely finished
ended
The
1945
1946
1947
.
railway-.—. $91,735,926 $81,278,400 $78,018,089
from
Gross
■
of
year.
Pennsylvania RR ,—Earnings—
1948
provisions
stock—
issuable
are
by
HISTORY
supplemented.
(no
bonds
limited
Addi¬
of such
319,177
of
year
for
7,272,000
a
October—
full
total
week
a
including the
restrictive
4,000,000
J
30,000 shs.
stock
indentures
-Earnings—
share—
year-end
The
dividend.,j.
year-end
recently declared which will be paid Dec.
ment
amounts
$16,981,000'"
)
1977
preferred
Philadelphia Electric Co.—Weekly Output—
special
results warranted the extra year-end payment to .the stock¬
This
is
in addition
to
the
40 cents
per
share dividend
holders.
morigage.
the
1948—3 Mos.—1947
taxes
barrels,
Special Year-End
Of 25 cents per share, payable Jan. 15, 1949, to stockholders of record
Dec. 31, 1948.
William S. Wheeler, President, stated that analysis of
year-end
end
FINANCING
Outstanding
)
1978
pfd. stock (par $1001
cumul.
pfd.
stock,
series
*The
is
656,000 shs.
the
panded
program
'
'"'The corporatfMi
the
despite
-
will
—
16,400,000
net
"Demand
by
Pennsylvania Engineering Corp.
19,100,000
open
1974
due
cum.
Common
profit of $85,405 from the liquidation of a whollysubsidiary,
tlncludes net
income
of
subsidiary of $25,819:
For
•
■
-
an
PRESENT
(par $100)
15,000,000
*
certain
and
series
3.60%
$22,000,000
although
due
series due
Cumulative
Oct.
14, 1948 company invited com¬
the underwriting of the debentures, and on Oct. 20,
purchase contract with Halsey, Stuart & Co. Inc.,
all
per
1,000,000
extra
an
by
amended
(bbls.)
after
"Includes
dividend of 50 cents per
share in addition
to the usual quarterly dividend
of 50 cents per
share on the outstanding common stock, both payable Jan. 3 to holders
of record Dec. 16.
An extra distribution of like amount was. made
On
limited
the
for
series
3VhVo
CONTRACT—On
a
beer
inc.
Net
owned
(J. C.) Penney Co.—Extra Distribution—
3%
or
Outstanding
1,000,000 shs.
thereunder
Period End. Sept. 30—
Sales
of
1949 upon surrender
168, p. 2328.
1,
Jan.
on
1, 1949.—V.
No. 23 maturing on Jan.
Such
borrowing
•
*
__
TO
mtge. and collateral trust bonds:
4.70%
mortgage is
issued
Pfeiffer Brewing Co.
first mortgage leasehold sinking fund bonds, due July 1, 1964
quoted ex an additional interest payment of $5 per $1,000
bond on Dec. 29, 1948.
This is in addition to the fixed semi-annual interest of $15 per $l,OOo
with
of
•
'
EFFECT
Authorized
First
of
be
bond
be
are
for
into
bid
known.
now
forms
1,
underwriting
day.—V. 168, p. 2229.
pany's
coupon
Aug.
refunding
may
PURCHASE
that this com¬
7
and
bonds
entered
.Park-Lexington Co., Inc.—Ruling on Interest—
New
first
petitive bids
whose
The
due
mortgage as heretofore
•;<
would
3%,
bonds
issuable
not
Authorized
refunding mortgage bonds—
3'A%, due Aug. 1, 1966
F,
—
has
company
the
GIVING
and
financing,
GIVING EFFECT TO PRESENT FINANCING
1956
Series G, 3%, due June 15, 1961
3% conv. debentures, due Dec. 1, 1963
Capital stock (par $100)
the
1948,
year
and
Series
subsidiaries.
non-consolidated
is
CAPITALIZATION
it.
for
construction
3'/4%
Series E.
net interest as a
stockholder in the combined undistributed earnings of partially owned
indirect
and
direct
Paramount's
paid
additional
other
or
«
k
"Representing
which
of
loans
$8,105,000 $20,015,000 $25,512,000
$6,445,000
Enrns. per com. share—
time
bank
do
Monday,' December 13, 1948
securities.
of
CAPITALIZATION,
Net
price which will be
connection
with such
necessary'( to>
invoke
CHRONICLE
the
in
to
FINANCIAL
&
or
expects,
find
it
character
and
amount,
the
4,336,000
4,729,000
1,147,000
be
company
financing
1,250,000
600,000
income—
will
The
investments,
Oct. 2, *48
Oct. 4, '47
$6,958,000 $14,036,000 $21,176,000
'48
$4,428,000
taxes
Non-recurring
which
.
9 Mos. Ended
Quarter Ended
Oct. 2,
Period—
♦.
COMMERCIAL
THE
(2436)
income
oper.
income
—'
447,281
461,653
587.022
634,350
$7,212,933
$6,460,656
$8,870,173
$7,906,110
(jointly),
Securities
Corp.
(jointly), 100.42.
Bidding lor both the bonds and the stock, Harriman Ripley & Co.,
Blyth & Co., Inc., ana Union Securities Corp., jointly submitted
Gross
Int.
income
and
tions
other
deduc¬
(net)
1,835,534
1,811,131
2,237,311
2,218,909
income
$5,377,399
$4,649,525
"$6,632,862
$5,687,201
Inc.,
a
"basket"
bid
100.55
of
for
the
bonds
3V4S
as
and
a
4.70%
dividend
Net
■
.
may become
available
to
it
from
the
operation of its business,
ing provisions
of
the
to
for depreciation and retained
earnings,
proceeds from the sale of the debentures
How
normal
much
applied
of
.
may
such
to
priority of
The
board
the
one
such
of
'Jj'iSPL0' coke
$4,500,000,
line
Co.,
and
a
application
directors
ovens
also
tion
with
will
the
the
has
at
be
stated
approved
its
loan
wholly-owned
cannot
Crawford
of
the
at
this
be
of
a
new
Station, estimated to cost
to Chicago District
Pipe¬
finance the construction of
subsidiary,
to
necessary to loop its Joliet-Calumet pipeline.
In
the latter project,
approval has also been given
expenditure
connec-
for
involving natural gas liquefaction
mixed gas holder facilities and
expansion of
x® est]lnated c?sts
000,000,
the
no
company,
(The
Co.
but
and
acquisition
of
final
America,
of
they
Texoma
not
storage facilities
existing gas production
aach*acquisitions
or
from
whom
will
such
exists
occur,
stock
therefor,
if
at
will
be
issuance
additional
crued
other
and
all,
it
before
acquired,
companies
supply
the
the
is
or
company
not
known'
after
the
Dec.
amount
due
Dec.
l,
1977.
Trustee,
are
of
Chemical
Baltimore,
Co.,
the
From
net
and
proceeds
sale
of
the
or
Bank
&
Trust
Baltimore,
New York
Md.
sale
of
which
company
but no
whether
Public Service of New Hampshire—To
The company has been
to
be
received
bonds,
by
additional
the
company
and
preferred
short-term
time
to
time
received
and
and
ac¬
COMPARATIVE
Cost
of
power
From the issuance and
sale of the
additional preferred stock
2,883,30o
Other
the issuance and
sale of the
additional
1,497,250
Depreciation
From
stock
common
Total
Such
be
$9,927,590
—
net
proceeds together with other
applied toward the
program
in
part
for
such
of the
cost of
company
reimbursement
of
funds of the company are to
presently contemplated construction
subsidiaries, in part directly and in
treasury for moneys already expended
new
ACCOUNT
1948—12 Mos.—1947
$1,094,338 $13,250,801 $11,678,861
593,650
4,048,939
3,127,001
258,388
3,496,814
98,711
th8n
72,992
1,117,716
1,013,901
153,667
124,935
1,599.799
1,365,005
3,000,507
Fed.
income
Federal income
taxes
9,000
Dr33,000
604,600
772,200
$162,334
$78,373
$2,382,933
$2,400,247
214
Dr2,272
18,337
609
$162,548
Net
operating income
Nonoper. income—net
Gross
PROGRAM—Company estimates
construction
for
the
last
four
1949 and 1950 will amount to
is presently allocated as follows:
Electric
on
shall
$76,101
$2,401,270
$2,400,856
purposes.
CONSTRUCTION
for
taxes
company
financing.
333,536
;
:
other
461,873
the
the
and its
the
„.
expenses
Taxes,
INCOME
1948—Month—1947
$1,219,121
revenues
Borrow—
authorized by the SEC to issue not more than
notes at 2V2%.
Borrowings
will be made
to Sept. 30, 1949, or until
$4,000,000 from permanent
Period End. Oct. 31—
Operating
$5,547,040
up
least
at
from
stock
the bonds of 1977 series—
of
have
Trust
$6,200,000
from
&
stock, after deducting estimated expenses
dividends, are estimated as follows:
issuance and
168, p. 2230.
Chemical
common
interest
which
by
arrangement
PURPOSE—The
Co.,
or
1948;
Fidelity Trust Co., Baltimore, Md.
years
™fiL °r **rfaf„ter ?ay. directly or indirectly,
natural gas.
is under consideration
definite
Transfer
has as yet been made
bv
approved by the directors
stock of Natural Gas Pipeline
Gas
1,
Co., New York, N. Y.
agents for the preferred stock
$10,-
been
capital
Natural
the
them
to
as
have
of
by
and
which aggregate approximately
decision
shares
contemplation
Dec.
Trust
the
by the company of $600,000 for the
looping of that por,tion of said pipeline located within the
City of Chicago which is
i owned
by the company end leased to
Chicago District Pipeline Co.
Other
special construction projects
are
in
company,
dated
are
&
Co., New York and First National Bank
Registrars are Central Hanover Bank
the
$4,000,000
—V.
Bonds
Bank
order
time.
construction
stock.
part
applied
proceeds from the sale of the debentures
the purposes above enumerated
and
of
the facilities
•
some
be
requirements.
of
any
but
also
includ¬
generating
Electric transmission
months
that expenditures
of
1948
approximately
and
Deductions
57,734
.
Net
_
Pfd.
income
stock
div.
require—
43,242
662,788
516,442
$104,814
_
the
$16,000,000,000,
facilities
and distribution
for
income
$32,859
$1,738,482
$1,884,414
28,220
28,220
341,700
343,233
$4,639
$1,396,782
$1,541,181
$0.01
$1.67
$1.83
$5,900,000
facilities—1
_f—j;
Rural electric distribution facilities
1
1948
Buses, bus terminals and equipment—
of
stock
Other
—,—,
—
!
6,750,000
1,900,000
625,000
825,000
Balance
Earned
(now
"
$76,594
•
per
common
outstanding)
sh.
$0.09
"
Volume 168
:
Pullman, Inc.—Not To File Bid for Purchase of Control
-
of Two
bid with
a
stock
Dec.
on
in
announced that it has decided not to file
9
acquisition of
rayon-fibre companies,
two
ment
panies.
quarter state¬
consideration place¬
.the
holdings of stock in the rayon com¬
Property, which secured the majority stock
government
The Office of Alien
for
these
stock
holdings on Dec.
in New York
13
Courts.—V.
freight
than
cars
passenger
of the other
any
produced
cars
builders
Pullman-Standard
quarter
continued
to
Jan.
produce
commercial builders and in
more
railway
toward
difficulties
the
improvement
second
various
of
tinues favorable for
in
division
car
has
been
production
statement
quarter
kinds noted
continue
be
continuance
a
to
despite
statement
and
'
outlook
the
erecting
The
this
th
operations.
invoice
value
has
year
of
products shipped during the
exceeded
sales
the
value
of
first
orders
new
nine
months
booked
the
At
holders
of
annual
the
corporation
of capital
or
meeting
authorized
the
of
the
CAPITAL
stockholders
of
use
by
OF
to
up
May
18,
Per
capital
price
average
21, 1948,
$2,966,993.
In
May
to
share
Sept. 30,
including
and
during
per
1948,
—V.
market
total
cost
at
an
price
average
of
of
$42.61
a
share,
per
amounting to
,
i
of
as
capital
income
Other
assets
sales
income
other
and
sales
of
'
current
Sept.
share
30, 1948, stood at $120,718,345, equivalent to $47.02
capital stock.
Cash and U. S. Government securities in
of
working
capital
held
by the corporation and
date totaled $28,533,470, equivalent to $11.11
The
book
share,
worth
net
excluding
$11.33
On
and
30,
the
subsidiaries
1948,
the
account
the
in
possible
need
connection
purchases of Pullman
with
credit
ket
for
large
a
possible
a
of
amount
in
the
Net
profit
.5
:
:
dividends—
1,123,072
—
——
$
period..
for
Surplus
•
Earnings per
$
outstanding
shares
'
4,502,586
Operating
share—I—.
common
and
1947
1,517,812
1,471,506
Selling, general and admlnistrative expense.
2,466,136
2,119,052
'6,681,590
5,823,698
6,870,182
8,779,230
Investments, advances and other assets..—..—
Land, , buildings,
machinery,
equipment
and
2,563,131
724,334
invests...
146,575
373,986
591,650
56,290
Rr64,955
72,742
Prepaid expenses,
40,610
6,549
68,472
97,431
Goodwill,
933,749
2,642,915
7,247,686
r
>r-
rr
;
-
income.—
Earnings
of
299,762
-/l,'641,876 *
$1.72
$2.11
1,000,000
fer
to
tracts,
1,641,876
633,986
5,416,093
5,651,304
2,567,331
2,679,231
2,567,331
2,679,231
Building
•From
zation
...
of
$0.24
$2.11
$2.11
Reserves
1,345,315
3,927,346
4,575,212
Reserves
tAfter application of amorti¬
Reserves
products and services,
allowances,
ton
additional
Intercompany sale of stock
turing
other
and
in
contingencies
assessment of Federal
1941.
SFrom
appropriated
reserve
out
of
income
for
of
$4.50
prior
1948
Government
Accounts
and
and
filed
Special
9,905,120
36,108,145
247,630
183,190
deferred chargescf Fed. & State taxes
5,230,696
._
Total
——
...
186,080,657
cial
payable
Provision
Federal
for
Provision
taxes
income
employee benefit
Reserves
for
Federal
Reserves
for
of
no
cash
par
whose
group
excess
of
over
and
by
p.
book
sale
-
•
of
of
60
cents
Armin
33,863,819
28,760,874
carried
at
Pullman
The
possible
to
($20,569,335)-received
,
after
$18
a
per
total of $1.35 per share for the
share,
per
with
a
distribution in
commission of
2329.
depreciation
:•
1948
$95,043
nominal
Co.
stock
amount.
over
adjustments
and
lExcess
$0.29
states that "with the completion of the
malting and storage capacity will be increased
will be in better position to serve the trade than ever
164, p. 2590.
book
value
$8,500,000 4% sinking fund debentures,
made Dec. 7 by The First Boston Corp. and
associates. The securities were priced at 102 and interest,
due 1963, was
-
on
•to
sale of The Pullman Co: stock
^
therein, subject to possible adjustments
$132,250 other deferred credits,
-flRepresented
and
-
■
1948
*.
and
2,679,231
shares
in
1947 —YV--168,
Ki
.
.
,
-
investment
of
Offered—
Corp.—Debentures
Public offering of
of
contingencies
114
.
yield 3.82% to maturity.
The
Co.
issue was awarded
bM TOO.29
Dated Dec.
Dec. 6 on a bid of
for 4l/4S.
1.
-
1948; due Dec;
100.59.
Halsey, Stuart &
'
1,1963.
Dec: 1
-
*
•
'
J,
Y. City. - The annualSinking fund, commencing in 1950, is designed to retire $3,102,500 of
i ■»"
interest
$409,855
$33,373
1,074,472
1,074,472
$0.32
Nil
—
Rights Given to Stockhold¬
12,
Aug.
1948
given rights to subscribe,
the rate of one share for
a
total of 11,124 shares.
were
to* additional shares
held of record
at
or
limited to full shares only> expired Aug. 26, 1948.
dispose of any shares not subscribed
reserved the right to
income
Total
1948
payable
1947
$1,859,959
847,281
257,197
$1,306,236
541,728
213,608
$755,481
49,137
$550,900
27,213
$804,618
19,967
$578,113
10.341
280,000
12,000
200,000
11,000
—_
...——
—
profit
income
State
Canadian
provision
June
1 -and
in N.
tax
and
17,750
,
6,921
prior years—
-
amortization included
or declared
above.
—
—
COMPARATIVE
BALANCE
JUNE
SHEET,
.
securities
Marketable
accrued
Interest
on
(less
reserve)—
Unlisted securities—at cost or
Claims
aA^47co
$104,152
645,boi
909,404
1,918,444
(less res.)
—
(no quoted
.*3S'34
30
A*}71-
bonds
acceptances and accts. receiv.
Interest
100,:123
1948
$292,235
150,700
ASSETS—
Cash
$333,921
$474,730
69,288
140,172
$4,74
—
paid
share
9,000
,
tax.,
income
—
per
+
surtax.
profits
excess
for
profit
dividends
-
—
and
1—'■—.—1,—r—-and
Ontario
of
uftder
Net
tax
tax
income
Province
Tax
:
deductions
normal Income
_______
Federal
Trade
Telephone
Rochester
20,566
$0.84
then
Inventories
of
1945
$53,938
$973,158
profit
Operating
Earnings
1947
$111,011
$0.34
program,
the company
before."—V.
if*
$662,371
252,516
profit (sales less cost of products sold)—
Other
President,
Rickel,
t >'•
.<•
1,074,472
$1,097,658
1,074,472
$0.96
Soiling and advertising expenses
Administrative and general expenses
Other
Detroit—Earnings—
-
and
share
reconstruction
•
1946
the common stock,
Co.—Special Offering—A spe¬
31—
taxes
:>
*
stockholders.
the
by
20,701,585
employees
shares in
...
dividend
year-end
making
l,
(H. W.) Rickel & Co.,
102,693,240 107,169,240
'''
$1,558,251
585,092
685,996
record
shares
which, are
Rights,
for
of
share,
per
nine
Gross
The issue was oversubscribed.—V. 168, p.
Years Ended Aug.
($4,673,200), of single insurance premium cov¬
of The Pullman Co., the liability for
insurance was assumed by The Pullman Inc.
Slnclodes
value
2,567,331
$25
each
679,042
186,080,657 197,508,248
Co.
subject
retired
contingencies
850.
Stockholders
at
2,009,960
..1
1947
ers—Earnings Show Gain—
2,009,960
at
»•
,
$1,783,654
share.
com.
Depreciation and
j.
Pullman
on
cash
2,561,884
2,144.259
11,052,329
29,509,780
for
therein,
eligible
per
Cash
Co.
registration,the
the
168, p. 2013.
2.500,000
($20,569,335), less cost
ering
—V.
6,509,406
1
The
received
investment
a
Manufacturing
per
shares are not offered
of
'1948
shares outstdg.
1,500,000
and
of
*
offering of 3,300 shares of common stock was made
Nov. 30 by Raggio,
Earnings
'
profit
Earned
6,842,492
value...,
...
1947.
Net
Common
conting'cies
depreciation of $44,175,782 in 1948 and $45,987,418^contingent interest in (a) tax deposit and (bi formula
reserve
dividend
and Oct.
income
date
(Including domestic subsidiary )'
for Fed. inc. tax
other conting.
Net
effective
tie-registered.
prof, after deprec-
Reed
......
.—
•After
Net
56 cents.
tax
that If these extra
the
be
•
4,216,105
1,887,734
credits
Total
in
state
and
,
^Capital stock
-
2,589,313
reserves
Surplus
1
&
from
will
'
2,732,827
plans
manufacturing and
reserve
1
Deferred
shares
3 Mos. End. Oct. 31—
the San Francisco Stock Exchange
on
months
six
4,112,073
1,996,397
...
for
Other
15,382,040
has agreed
company
115,896,135
on
taxes
Reserves
General
19,424,193
the
112,461
other
for
!
payrolls..
and
of
197,697
stock, payable Dec. 27 to holders of
distributions of 25 cents each were made on
Cash
payable Dec. 31, to holders of record Dec. 17. A similar
was made on Dec. 31, last year.—V. 168, p. 949.
197,508,248
4% cumulative preferred stock, series
shares of common (par $20) were filed
The stocks will be offered by U. S. Attorney General,
shares
and
common
16.
Rheem
;
.....
Royal Typewriter Ce., Inc.—Earnings—
stock
LIABILITIES—
Accounts
the
Dec.
10%
A
The
Distribution—
1948, as compared with $1 paid in 1947.
stock dividend has also been declared on
vear
1
have, declared
on
Filed With
•'
..
Alien
in
additional
125.401,442 113,535,734
-
1, July
April
369,258
Years Ended June 30—
directors
$579,314
323,026
,$634,169
Ur29,125
Property Custodian, at competitive bidding.
An addi¬
shares of preferred and 67,627 shares of common dre
registration, but they are not being offered at this
because of a pending suit for return of these shares under the
within
148.
cash
Dr$3,300
42,400
15,816
The directors
P.
in
record
30,440
1
....
68.
share
5,167,052
35,501
.
interest
J
The
1,580,914
ether
deposits
tContjngent
surplus
'
$74,535
5.590,162
956,307
2230.
p.
Ruud Manufacturing Co.
13,514,026
36,359,015
—
,
Reynolds Metals Co.—10% Stock
4,302,285
33,498,534
_■
—V
87,213,413
817,283
...
...
property
refund
for
17,755,396
83,630,845
and
expenses
Claims
accounts..
car
advances
and
•Equipment
Prepaid
1,022,663
5,410
time
1,183,749
($25 par value)...
2,561,851
value)..:—a...—_—2,251,293
175,458
...
cost
at
Investments
cost
receivable
notes
31,982,500
12,948
....
at
430,166
252,298
450,000
1,225,838
.
_.
,—.
(50c par
surplus
Total—
13,009,450
8,457,000
24.168,625
securities
Deferred-payment
Inventories
62,665
-ix-
$7,125,783
Trading-With-the-Enemy Act.
1,789,807
11,576,254
862,724
40,000,000
1,000,000
.<
—
stock
2,
SEC.
included
1,458.272
2,810,056
2,869,572
4,034,585
396,348
73,864
_,
-
,4
*
20,076,470
...
securities
marketable
$
Earned
1947
$
1
,
Other
105,595
168,
$100)
of
foreign accounts,
on
etc....
preferred
Capital
SHEET, SEPT. 30
ASSETS—
S.
possible loss
*
2,141,811
10,731,428
1,238,314
40,000,000
800,000
—
contingencies
for
Common stock
Cash
U.
for
the
Prov.
foreign exchange fluctuations
for
Reserves
manufac¬
income
1,750,001
3,465,256
3,660,337
4,782,058
currencies)___
payable
investments,
taxes
years.
CONSOLIDATED BALANCE
in foreign
payablp_r
fund debentures, due 1967
purchase contract 4%—
for insurance, etc
$0.64
paid
sales
686,169
$7,974,440
6,317,608
-
sinking
1,292,765
share
per
3%
with
1,310,499
1
.
-etc..
foreign income taxes (est.).:—...—.
Dividends
surplus.
Earnings
on
*
outstanding.____
Dividends
7-
Dec,
(par
tional
125,401,442 113,535,734
—
(payable
accounts
U. S. and
Net income for trans-
Shares
11,443
$745,534
$7,135,033
9,250
$7,985,883
1,310
$821,834
641,704
'
Office
28,736,473
948,406
1,478,484
1
etc..—*——:—————
-
loans
Trade
34,499,627
859,933
-.
and expenses
'jCptonfiissions.: salaries and wages——
Aecru'ed taxes; interest, insurance, etc—L--—
Estimated
cost
of
completion of service con¬
651,304
4,416,093.'
$0.24
credit
res.
"3,814,255
2,831,592
633,986i
<
$0.64
share.
per
^Transfer
$746,844
974
income
charges
"A"
3,347,871
2,795,753
:
LIABILITIES— 4
Bank
1,001,038
etc
patents,
Total
9,541,055
.,.75,496
for Federal taxes
income.'
Net
1948—10 Mos.—1947
$822,808
oper.
after
On
-
-
1,
debenture costs
Unamortized
paid
on
(net)
rental machines
107,998
income
—
-
Dr68,824
fixed
of
income items
tProv.
—
—
-
investments
tlnterest
ASSETS
.<
profit..
Total
1,500,000
100,000
ACCOUNT
INCOME
1948—Month—1947
-
SEC—
489,646
Misc.
$2,400,000
1,500,000
1,500,000
1,500,000
z
Rohm & Haas Co., Philadelphia, Pa.—Stock
'
554,255
.
sale
Corp._:
Inc
taxes.
•Deficit.—V.
JUNE 30
depreciation—
from
—
$1.77
$0.64
.—
SHEET,
Net
$
$
Cash
13,140,978
14,731,590
Accounts and drafts receivable (net).——
25,453,433- 22,328,326
Inventories (at-Tower of cost or market)—47,173,232
42,132,569
from
Securities
Operating revenues-,
Operating
expenses
2,144,259
124,976,472
assets and
Webster
&
revenues
Uncollectible oper. rev._
$3,057,044
—
CONSOLIDATED BALANCE
■
.
46,200,907 203,236,428 141,050,908
$1,764,791
—
188,166,843
Gain
Co.__.
115,271
747,472
42,867,874
Income
&
Operating
$3,919,787
115,271
__—
1948
sold
Operating
Corp.__
Sachs
Period End. Oct. 31—
2,880,970
$3,003,134
————
-
dividends
Common
1948—9 Mos.—1947
$
71,340,616
products
1,989,840
'
foreign income taxes (est.)
and
Preferred
ACCOUNT
1948—3 Mos.—1947
revenue—:
for
and-the
underwriters
:
65,756,292
Prov.
several
the
Lynch, Pierce, Fenner & Beane„
Net
INCOME
$
•
of
names
COMPARATIVE
313,489
26,150
stock,
Inc.
Period End. Sept. 30—
services
Boston
Cr54,544
-——
—
"a-s
interest cea,sed
which
company
served comprises
«
"
the
to employees.
service area includes
White, Weld & Co.
Sage, Rutty & Co.,
1,074,633
330,118
59,593
■
in
interest
530,400.
First
Stone
to
prov.
value
Common
of
of
on
Merrill
quickly
investment
new
the directors at their October meeting
until further action, of open-market
CONSOLIDATED
Cost
on
*
'
rayon-fibre production business,
authorized the discontinuance,
•Gross
expenses
.w.
suburban
its
and
parts of Genesee,
area
Goldman,
reduce investment in
partly-owned domestic corp. to Indicated mar¬
U. S.
of
funds
and
costs
of
debt
Adjustment
amounted to $51.20 per
together totaling
deferred
amort,
and
funded
Rochester
-
respective principal amounts to be purchased by them are as follows:;,'
20,164,354
10,470,633
1,269,411
—
Other interest charges.—
share.
per
X
Interest
per
that
on
share.
per
available
Sept.
of
as
reserves
its
equipment
for
•
•
all of Monroe and Livingston
Ontario. Steuben and Wyoming Coun¬
approximately 2,300 square miles arid,
the last Federal census (1940), then had an estimated pbDil-
The
The
and obsolescence of plants and
liabilities)
service
'
benefits
_____
18,696,117
11,760,961
T
general expenses-j.
25,
The
UNDERWRITERS—The
$37,054,629 $38,850,016
—_—_
:
administrative and
Selling,
over
103,211
/
net
Total
a
CONDITION
current
$38,746,805
424,656
incorporated Feb,
York
and
lation of
1947
-
was
.independent
an
company's
'
$36,629,973
sales
Cost
of
(excess
The
Counties
based
Net
telephone
' *• •
•
is
financial
New
other
and
(& Subs.)—Earnings—
1948
and
BUSINESS—Corporation
single
date.
the
ties.
Deprec., amort,
Working
i
of
168, p. 2013.
Quarter Ended June 30—
$238,593.
FINANCIAL
—
Remington Rand Inc.
the
therefor
trust
f
period from
total cost of
following balance sheet capital has been reduced
by $40 for each share so purchased, to $102,693,240. Between Oct. 1,
1948, and Oct. 8, 1948, 5,600 additional shares were purchased in the
open
collateral
principal amount, but
restrictions contained in
to
as
conditions
company
has certain contractual relationships
Telephone Co. in connection with the interchange
toll traffic and telephone facilities and matters relating to pensions
with
138.11
2,048.23
$50 par—
such
of
$22.03
,
preferred share,
3V4% bond
convert,
cumul.
open market
the
at
4%
Per
prior to May 17, 1949, of shares
either pursuant to a "call for tenders"
the open market.
In accordance with this
$45.37
of
share—
common
Per
purchase
authority the corporation purchased 65,400 shares in the
an
stock¬
the
subject to
area.
company
substantial
Values—
market
upon
in addition to the $6,238,000
series A bonds outstanding.
The
bonds
unlimited
is
telephone operating company con¬
ducting a telephone business wholly within' the State of New- York,
serving, without competition, the city of Rochester and the adjacent
area.
Prior to Aug.
26, 1943, the New York Telephone Co, had'- a
quotations as of Nov. 30, 1948, the company
reports net asset coverage of its outstandinf securities as follows:
stock for retirement,
by purchasing shares in
at
the
1948,
reduce
to
The
'
Based
is
AND
a
rural
and
owned-subsidiaries of RCA.—V. 168,
Railway & Light Securities Co.—Net Asset
STOCK
$15,985,882
as Chairman of the
the RCA, as well as
Broadcasting Co. and RCA
National
the
of
bonds
formed
providing
Harbord, continues
G.
of
1907.
p.
clined, amounting
REDUCTION
Board
the
of
22,826 shs.
500,000 shs.
restrictions
or
in New York and began operations on Aug. 1, 1921.
Company
to take over and unify the properties of a predecessor
company,. Rochester Telephone Co., and that part of the properties ^6,1
New York Telephone Co. situated In the same general territory, thus
remain Chief Executive Officer of
and will
Communications, Inc., both wholly
during
period, with the result that the combined backlog of unfilled orders
the Pullman-Standard and Kellogg groups of subsidiaries has de¬
as of Oct. 1, 1948, to a total of $337,436,531.
in
James
late General
the
Board
Chairman
COMPANY
i.
Brigadier General David Sarnoft, who has occupied both the offices
President and Chairman of the Board since the retirement in 1947
of
'
-
,
of
without conditions
1920,
was
succeeding to the post filled by Mr. Folsom.
Division,
27,174 shs.
500,000 she.
issuance
4
'>
»<>
the mortgage.
dent, effective-as of Jan. 1, 1$49.
John G. Wilson, Vice-President and General Manager in Camden,
has been-elected Executive Vice-President in Charge of the RCA Victor
-
issuance
their
i
$6,238,000
8,500,000
8,500,000
-
amount
further
of
Outstanding "
($100 par)
($10 par)
principal
issuanoe
__
FINANCING.
$6,238,000
aggregate principal amount of 2,£%
dising -activities of' RCA for the past five years, has been
renewed
A
stock
$500,000
production and merchanelected Presi¬
revision, who has administered the Tar-flung
con¬
break-even point in the railway
1948.
Operations in the freight
aeries
♦Mortgage authorizes
Fclaom, Executive Vfee-Tresident in Charge of RCA Victor
Frank M.
struction, showed substantial improvement over the first nine months
of 1947 despite
continuing difficulties in materials procurement and
field
4Va%
^
1,700,000
1,200,000
1,573,166
^Unlimited
series A, due April 1,
Common
Frank M. Folson Advanced to Post of President—
volume
the production
profitable basis, with indication
buying of freight cars by the railroads.
■
Production
and
earnings in the Kellogg Company group of sub¬
sidiaries, engaged principally in process engineering and plant con¬
of some
'
dividends to be paid by this
on the preferred stock and
the total of
EFFECT TO PRESENT
GmNG
1981
4% sinking fund debs., due 1963_
First cum. pfd. stock ($100 par)__
$6,928,522 on the common- stock.
a
passenger car division by the end of
car-division continued on a normally
1948.
declarations,
13,
these
Of
' ''|
pension fund,
Authorized
2 V2 %
sale
$4,000,000
First mortgage bonds
,
«f
efficiency
and
that
in
reaching at least
Dec.
"With
the
1
borrowings from .Lincoln Rochester Trust Co.,
pay
CAPITALIZATION,
usual
record
follows:
To pay indebtedness to New York Telephone Co._
To provide funds for property construction, etc——
(4)
corporation for 194$ amounts to $3,152,800
However, operations in the passenger
unprofitable.
During the quarter there
reported in
-
proceeds from
as
trustee of the company's employees'
evidenced by demand notes—
quarterly dividend of 87J/2 cents per share on the first
preferred stock was also declared, payable Jan. 3, 1949 to holders of
combined.
the trend
1947.
29,
net
evidenced by demand
as
2329.
p.
the
use
$8,473,166)
borrowings from >banks,
pay
notes
Radio Corp. of America—^Increases Common Dividend
Dec. 3, the 'directors-declared-A-dividend of 50 cents per share
the common stock, payable Jan. 24,1949 to holders of record Dec. 17,
1948. This compares with 30 cents paid on Jan. 27, 1948, and 20 cents
units than all of the other commercial
more
To
On
The
third
(2)
on
»on
the
To
Fed¬
and
.
City.
Quarterly Report—D. A. Crawford, President, said in
In
168,
State
before
debentures-(approximate
(1)
(3)
part:
»
Commission-and
Communications
Federal
eral
Holdings in North American Rayon and American Bemberg in August,
1947, in accordance with the Trading With the Enemy Act, will open
bids
PURPOSE—Corporation will
the
-
.
...
third
its
mid-November, that it had under
bids for the
of
controlling
a
North American Rayon
Corp. and American Bemberg Corp.
„
The corporation has advised stockholders'in
issued in
Attorney, who has re¬
-signed, effective Dec. 31,-1948, to become Assistant td Charles R.
Denny,
Executive Vice-President of the' National Broadcasting Co. '
Mr.
Hawkins. joined: RCA
Communications as Assistant General
Attorney in May; 1946, after serving for five years with the Federal
-Bureau
of Investigation.
He has-participated in proceedings before
Adams,; Vice-President and General
C.
1^3
-debentjiresK by' majturityvv^n4-requires payments of $392,500
annually ^commencing in 1950 and continuing each year thereafter
including 1962.
.
i
.
r.
Hawkins has been appointed General Attorney to succeed
Howard R.
David
the Office of Alien Property for
ownership
ment,
■
(2437)
such
Appointed
RCA Communications; Inc.^Gen. Attorney
•
Rayon Firms—
The corporation
•
COMMERCIAL & FmANClAL GHHONICLE
THE
Number 4759
;
1,612,888
nominal amounts
^
15,02f
market)
Property,
Patents
Prepaid
,
•
plant- and equipment
j
—
insurance,
,
Total.
*
on
portion of Canadian income taxes.
Miscellaneous receivables and deposits
Refundable
1
'
bonds_r,—-—a.—*—,
25
for refund of taxes on income
6,406
accrued
,
4
4,933
16,720
JL1,732
805,187
926,454
J
«
15,690
( net)__-__——
—«—*
.
—• •
taxes,
-£|
7,60b
4*933
•
'
..
*—
.......
$4,257,190
e*-~
$3,401,853
THE
(2138)
I \
LIABILITIES—
to
$2uO.C09
payable—to bank—
account payable.
ommissions payable to agents..-
Jictes
Uvidends
j
°3,j97
—
for
1.129:339
$3,401,853
St
ry.
1947
$493,619
64,200
income—
*5,544
19,030
22,054
*20,093
s.3».ow
572,003
87,786
26,8o7
1-^4,6oJ
Let
*511,058
*209,213
On
Nov.
of
(letter
30
.
lfet
ry.
I
income--.
oper.
ilet
1947
1946
97,690
$954,016
92,880
37,204
ry.
14,106,937
3,8,0,711
1,904,865
12,920,735
3,369,619
1,274,378
14,999,206
6,408,005
1,860,744
•
17,959,049
6,295,964
3,902,660
railway
income.
"Delicti..'—V. 168, p. 2013.
es
168,
ry,
from
from .railway.,
)ret
Net
ry. ope'.', income
"Deficit.—V. 168, n.
$8,959,032
*1,670,139
315,175
76,419,518
8.637,466
4,013,574
95,422,768
24,995,542
12,915,918
Dec.
In
$
U.
~
'
84.716,957
7,092,785
in the U. S.:
operation in Canada-——
163,
.
of
The
—
1962,
of
and
Taxes
1948—3 Mos.—1947
30—
$1,920,341
sales
for
,
176,996
?
141
'
assets
the
of
the
on
December
income
Atnort.
Prov.
31,251
of
financing
for
income
•
•
that
are
Net
the
43,768
•
43,768
131,304
143,641
'
172 902'
475,076
income
Common
—V.
791,869
in.
$339,961.
$391,570
49,705
210,000
___
$1,171,500
,,
630,000
October—
Gross
from
Net
■"
an
ry.
$276,008
*3,454
1^496
income.—
*67,3G2
*59,312
cper.
$271,693
The
of
Dec.
to
from
Net
from
Net
ry.
2,826,539
railway
83,738
income-,.
oper.
"Deficit.—V.
2,677,002
earlier
the
dividend
168,
67,139
41,206
99,945
>521.953
*429,813
2013.
p.
:
Because
the
describes
the
tion
-
the
In
pointed
adopted
of
Corp.
the
firm,
15
years
beverage
that
out
of
funds will
these
income
the best
be
member
1948.—V.
1,
of
the
of
163-,. p.
the
•
executive
•
the
the
but
the
has
company
of
nam*"
the
organiza¬
.■
name
Schenley
Distillers
broadened
also
become
not
well
„
Corp.
only
known
contributing to the advancement of medicine, agriculture
other manufacturing and
processing industries.
In 1941, Schenley
entered
the
California
Livermore, and in
following
icillin
for
the
year,
waukee. Wis.
and
In
is
wine
1942,
through
the
Roma
Cresta
Wine
Blanca
Co.
of
winery
Fresno.
approved
from
to
be
in
increase
an
300,000
1,000,000
able
shares
par
shares
to
no
acquired the Blatz Brewing Co., of
Schenley began commercial production of
of
one
the
country's largest
producers.
Months
on
will
by
dividend,"
six
a
become
the
again
extras.
This
the
on
old
.
.
less
-
•
by
It -has .been
wide
Lester
that
he
interest
finance
E.
was
in
would
and
Ended
class
A
President
retiring
Schenley
from
as
a
the
of
that
director
and
Mr.
Jacobi
member
of
will
the
ten
and
cont'nue
Sept.
168,
his
Carl Byoir and Associates. Inc.,
was elected a member.of the Schenley board
pp.
2162
and
1368.
Old
stock
basis
one
effective
with
the
on
'
di£fctors
,
jpayable Dec.
20
&
to
stockholders of
be
of
tL t? total attributions in
this brings tPfV- ?,^d€
i!f
3.
With
for-1948
iStoc.k- of *hich 11 ls estimated that
capital gams.
The present stock
$2.70 per share in 1947.—V.
168,
the
each 01 the three Preceding
by the Fund
co
Dec,
p.
1589.
received
to
$2.20
B
the
p.
30—
Net
week ended Dec. 4, 1S43, to¬
w.tlr 2 526 000
kwh.
Increase of 21.0%.—V.
for
168,
the
cor-
2329.
p.
to
put chase
mature
in
Broadway,
165
New
at
York,
Y
y
PACIFIC
SOUTHERN
of
10
$15,740,000
annual
equal
railroad equipment costing
new
.
OF
the
Z,
bids must be submitted
All
2117,
by
Equipment Issue—
on
for
15.
,
the
at
office
or
of
before
not
the
noon
,
TRANSPORTATION
-1947-
1948—Month
SYSTEM
1948—10 Mos.-
1947
$
52,717,686
47,936,191
489,678,897
437,355,440
40,934,347
36,080,187 377,207,944
328,167,847
11,783,339
11,856,004
112,470,953
109,187,593
138,647
revs
oper.
oper.
expenses-
from
rev.
f.
unempioy.
x_
675,170
1,096,035
$
-
$'•'•
inSur.
_l__x___xL
taxes
1
railway
operations
M
Fed.
of
Fed.
-retire.
Fed.
x_
6,202,736
tools
and
other
machines__
rate
Fed.
State,
cty.
Misccl.
12,594,722
11,868,948
21,422,545
21,421.514
taxe6_x__—_
19,365
12,670
183,639
132,802
city taxes
1,461,624
1,389,719
14,595,765
13,184,691
63
Cr 11,564
Crl2,158
1,96 Ml 7
1,860,334
17,485,464
__100,793
__108,626
1,022,449
&
taxes
_________
Equip, -rents
Jt,
(net)
facility- rents
expense
Total
Fixed
inc>iof
S.
of
317,766
93,715
certain
426,750
J
336,757
per
common
v
374,000
S.
7
from
1,973,570
12,382,507
(Representing interest. on
affilated companies not credited
(Representing dividends
System,
affiliated companies included in net
Co.
R.
Dr9l,000
39,351,354
3,029,465
of
Mexico.
controlled
solely
Transportation
P.
controlled
Transportation System but not charged against surplus
§Net loss.—V. 168, p. 2329.
solely
P.
by paying companies.
51,873
Southern Ry.—Estimated Gross Earnings—9 Days End. Nov. 30— —Jan. 1 to Nov. 30—,
Period—
$12.64
'
$2.05
$1 52
—V.
$7,607,165
earnings
168,
1947
1948
-
..
Gross
749.
p.
CV917.744
Dr68.000
299,232
$17.01
stock__L
Cr71,017
4,126,787
Cr710,167
3,511,702
R.
P.
of
S.
of
367,600
.
29,582,193
Cr71,016
income.'
bonds
received
356,451
50,790
outstanding__o._^„^_;
share, preferred stocks
share,
*
526,564
outstanding^^
34,582,400
§171,776
__
to-income
$655,683
3,130,224
302,891
__
$3,495,784
;
542,264
16,405,195
3,137,795
adjust.
s 8,413,351
543,150
625,537
17,218,275
Cos.
adjust.
net
43,529,652
61,387
con¬
tConsolidated
10,479,433
•
4,771,205" 52,426.242"
...1,579,593
Trans.
P.
solely
Affiliated
Conscl.
8,131,134'
8,344,344
43,310
■(Consolidated
$9,084,303
1,078,993
38,398,519
1,684,669
_x
——
inc.
524,107
4,865,773"
—
charges
trolled
1947
741,517
income
16,911,548
4,247,098' 447081,898'"
4,124,256"
income
Miscel. ^deductions
"Net
163.500
t
(net)-
;1 Net -ry, -oper.
Other income
Net
490,845
income
1,292,993
2,269,296
,
'
'
1,301,181
taxes—2,669,352
'
2231., *
1943
taxes_
income
Other
:
present'
$11,231,559
shares
168,
Operating
1948
1947
$7,364,528 $299,416,318
$268,167,405
2329.
p.
Sperry Corp.—Declares Semi-Annual Dividend of $1—
Taxes
$5,297,053
$4,747,977
$4,166,238
2,286.403
2,112.374
1,744,690
269,207
for
than
Fed.
estimated
Fed.
inc.
295,784
594,837
518,474
taxes
299,166
701,876
inc.- taxes
254.691
323,307
depreciation
432,931
.503,523
189,500
Net
earnings
income
_
$1,192,789
441,332
370,604
$1,634,121
$1,424,582
$1,439,515
242,053
539,337
_.
declared
directors
payments
income
Interest cngs.,
:
etc., deductions——. Y
'
$1,053,978
1
income
accrued
net
168,
sales.___
$1,182,529
$900,178
148,205
148,205
186,220
Balance
Earns,
—
V.
$1,214,336
per
'168,
sh.
356,814
on
1590.
p.
com.
shs.
$1,034,323
$3.40
"
1948—11 Mos —1947
1948—Month—1947
$14,484,995 $14,238,713 $118,874,028
$111,322,949
2014.
p.
$1,216,229
$1,362,541
preferred stock-.
cn
271,580
dividend of $1
record Dec. 17. This
compared with $1.50
semi-annual
a
Spiegel, Inc.—November Sales Increased 1.73%—
Per. End. Nov. 3C—
Consol.
223,286
.
(net)__
the
8,
216,512
—V.
Other
Dec.
share, payable Dec. 28 to stockholders of
brings total 1948 dividends to $2 per share,
paid in 1947.—V. 168, p. 1945.
per
1946
•!
for
other-
Prov.
On
;
1947
Maintenance,
Provision
Earnings—
1948
revenues
Operation
Net
Spokane Portland & Seattle Ry.—Earnings-
$713,957
$2.89
T
$2.00
1947
1946
1S45
$2,214,725
$1,724,199
$1,448,309
Net
frem- railway
522,171
398,584
*912.967
Net
ry.
163,342
303,054
1948
October—
Gross
from
railway—$2,359,239
454.009
oper. income-x..103,763
-
*717,240
From Jan. 1—
Gross
railwayrailway
_x_
21,478,966
18,300,046
15,634,185
5,044.518
4,027,414
2,340,301
5,997,031
income—
1,823,155
1,197,250
1,057,453
2,308.735
from
Net
from
Net
ry.
opei'.
"Deficit.—V.
.
22,103,443
163, p. 1945.
quarters,
per
share
equivalent
of
equivalent 01
Seaboard Air Line
RR.—Equipment Trusts Offered—
Offering of a new issue of $3,255,000 2V2%
equipment
trust certificates series E was
made Dec. 7 by a bank¬
ing group headed by Salomon Bros. &
Hutzler. The cer¬
tificates, issued under the Philadelphia plan are
subject
of
shares.—V, 168,
Sioux City Gas & Electric Co.
609
29 cents repr^ents
the
Room
Dec.
Railway
upon
State
V'; '-"I,.-"
one-sixth
12 Months Ended Sept. 30—
'
a year-end dividend of $1 per share
record
$6,325
"
$
after
or
$863,321
Earned per
Clark Fund,
Inc.—$1 Dividend—
on Dec. 8 declared
an
secured
be
$23,610,000.
Railway
certifi¬
that' date
on
Secretary
tax__"__,__
shares
Common
Divs.
Scudder, Stevens
and
income
Gross
J ? relat:o»s counsel,
year,
and
Chairman of the board of
directors.—V.
$3,056
Y
"
Co.—Weekly Output—
compared
as
an
from 100,000
'. '*■ Y\
*.'
their
for
than
$11,885,904
cost
Preferred
years,
executive
65,210
137,294
1"~
-x
Period End. Oct. 31-
announcement
for the past
company
office.
190,165
142,032
*
■
to
and
EARNINGS
Stock
$5;
——
Dividends paid
Surplus for periods.
committee.
«
.of
Jacobi,
1947
$386,344
60.833
is inviting
bids
certiiicates, series
trust
income of S.
Mil¬
a
an
Subscriptions—
$431,154
231,345
.
kwh.,
company
(EST),
•
.
shares
par
Earnings
pen¬
time
some
a
qf
stock,
Ltd.—Earnings—
dividends—;
and
week last
instalments
in
A
from
Operating
—V.
holders
1948
Colorado Power
3,056,000
The
company,
which referred to a "con¬
caused some confusion among stock¬
has
meet
sales
Earned
to
common
in
a producer
of cooperage for its own
plants and for use
variety of other manufacturers.
In addition,
Schenley has
producer of valuable farm feed
supplements for many years
Lew.s S. Rosenstiel, Chairman of the board, was elected President
at a
meeting of the board of directors, following the annual
meeting
ox
stockholders.
Mr. Rosenstiel's election followed
by
been
1590.
p.
company,
par
shares,
exchange
amendment
strapping
Dividends^ royalties and
The
company
1944,
now
business
acquired
167, p. 2473.
p., 2299.
—
3__
168,
equipment
of a
stock dividend, the company's action amounts
split. -Hence, no record date is involved.
=
.-<•..
policy on the new shares will be determined by the
year
Federal
the
on
j
depreciation
System
voted
167,
.Southern Pacific Co.—Bids
,,
.
com-
•
-V
,
,1
-in
Revenue
share.—V.
maintenance
&
ivs^ona.ng
Signode Steel Strapping Co.—Earnings—V,:
Net
payable Dec. 24
C.,
en
i
taled
current
2162/ '
t'
-
,
_
2
statement
who
half
9
S.
Electr.'c output of this company for the
taxes,
Instead
a
Sucrs.
share, previously declared
per
per
Southern
be
'
Federal
adequately
stockholders
Schenley Interests have
ago,
field,
since
longer
no
the
income
stock
capital
a cistributicn of $2.50 per share on the
proceeds of the sale of the assets in liquida¬
the
Co.
and
of $1
"Excluding
products
and
„■
Distillers
business
meeting oh Dec. 9 to change
Schenley Industries, Inc.
the
lor
Schenley
annual
to
Officials
was
name
diversified
$l,79i>;
declared
from
earnings.
—V.
•
months.
after
Total
at
rentals,
$695,400;
1956,
$b5o,-
»
Schenlcy Distillers Corp.—Change in Name Approved
advance
1,
Southern Canada Power Co.,
Interest,
dividend
$6
*53,703
*569,352
*659,695.
and
Nov.
Taxes
payments
approximately
of
f..
new
stock
stock
a
*12,528
2,193,354
due
15.
$7.35
oi
Operating
early ig47 and was made Chairman
$175,467
2,503,400
pre¬
.
directors
-
railway
deposits
bonds,
Deficit
and
ouii.ay
officials,
The
of
From Jan. 1—
Gros>
$386;
(Inc.) and Smith, Polian & Co. an¬
nounced Dec. 2 that of 20,925 common shares offered
to stockholders at $36 per share, the amount unsubscribed
by stockholders and taken by underwriters was 4,069
shares.
These shares were offered publicly Dec. 2 at
$38.50 and the offering has been oversubscribed and the
books closed. See also V. 168, p. 2162.
••
in the strongest working
were approximately
$3,300,000, .an
was
,
,
1945
'
lease
Southern California Water Co.—Stock
approximately
will
and
.
$5,
^stock
certificate, of.
a
holders.
and
2,907
*47,330
(trade),
Harris, Hall & Co.
Shelier,
January.
If
dividend
payments are
continued at the. same proportionate rate as at
present, each new
share
will
pay
$1 a. year in dividends,
half in regular dividends
$229,212
.
receivable
are
quarter
.
will
$5
new
27.
An
630,000
1946
railway——
railway
from
Net
1947
acounts
$1,553; deiicit, $58,996; total, $710,526.—V.
stock,
Dec.
Gross
exchange will be made through the company's transfer agent,
Security-First: National Bank of. Los Angeles, according to com¬
the
RR.—Earnings—
1948
,
$73,015;
payable Jan. 3 to holders of record Dec. 15. Payments during 1948
follows: Jan. 2, $1 regular and $1 extra; April 1, $1; and July 1
Sept. 28, $2 each.
In 1947, ihe common stockholders received a
on
.
San Antonio Uvalde & Gulf
1943
Month of October—
President of
Burgess,
Shelier,
Co. .since
par
B
stockholders
for
pany
157,878
;
,
31,
cash held by co-trustee under" terms of
payment of lease deposits, taxes, bond interest,
mortgage
dividend
total
serially
notes
sucn
The
1589.
p.
*$3,548
,
and
th.s year. The
of
of
Delaware.
$1,137,670
150,858
51,878
210,000
766
$15X25"
were as
that date.
greater port on
for
Dec.
on
;shares,
class
pari shares. '
Dec.
801,002
___
dividends
168,
A
.
"131,304
" 535,932
284,716
263,473
15
$250,000
notes
for
director
a
Bliss
stockholders
3 000,000
The
592.500
.
OCT.
10,204
$14,618;
(for
$17,385;
Rursell
of
record
$6,000,000.
the
committee
cate
$3,198,453
exp.
SHEET,
19,412
and accrued liabilities, $3,991; taxes
accrued, $50,951; accrued int. on bonds (at'rate of 5% per
01
par value),
tion
*
,
.
.
executive
increase
89,775
579,000
2,000
;
leasehold estate, equipment, etc. (net), $573,4(36;
charges, $14,974; total, $710,526.
;
common
$1,638,220,001
notes maturing
due Dec.
M.
loan
fourth
the
The
$3,108,683
$3,148,749
taxes
dividends
($1
Ind.Sells
•
W.
no
196,500
6,050
*
The directors have
25 cents quarterly.
The company's
have been at record levels during 1948 and present
earnings
templated
Preferred
$1,980,499,966
3%%
of
company
stock
of the E.
462,510
$1,087,847
1,107
$14,926
retirement),
leasehold
year
Portland,
are
M.
eall
profits
ttee
to
1,615,747
"
10,204
expense__j
LIABILITIES—Accounts payable
Signal Oil & Gas Co.—Stock Distribution Ratified—
$3,087,616
61,133
18,550
1,135
income
indenture
bond
annum),
to
*
192,000
debt
for deprecation— '
Prov.
a
Cr4,194
loss.
payable
per
record
of
Total current assets
over
expected that
months'
m
$1,034,452
funded
on
cents
1943—10 Mos.-^1947
1 abilities
term
will
Burgess has been
filing
Total
made
additional
an
31
Shelier common
and
Mr.
.
1,977,358.
530,372 ,
-
$1,056 596
$1,028,472
5,980
—
Other income
Interest
60
to
-on
year.
—
^96,532
154.608
714,873
exps
profit
40
the earnings of the final two
n'ne
indications
1948—9 Mos —1047
$5,595,346
$5,186,940
'
$1,707,736
.,
(other than inc.i
Gross
of
holders
to
ago.
Tae&e
$2,20 per .'hare,
cents each.—V. 165, p. 579.
Corp.,
$250,000
retire
of Oct.
as
it Is
but
ments
subsidiaries, except Saguenay Electric Co.)
maintenance
admin,
cf
$4,000,000
wnich
to
(
Operating,
27
years
$3,500,000 outstanding on
Saguenay Power Co., Ltd.—Earnings—
Opeiating revenue
cn
103,494
paid expenses, $34,038;
of $1,000,000 5%
of
(Incl.
bond
BALANCE
and
3,547
10,217
profit
trust
$1,882,00Q, which was equivalent to $3.70 per share, after
providing for preferred stock dividends.
Currently the dividend pay¬
*47
2,256
,
of
ASSETS—Cash,
$1 per
voring
of
2329.
dividend
Dec.
1948—Mo.—1947
par
current
amounted
67,876,663
^
,./,,,
,
Period End. Sept.
p.
1946
$130,328
-
17,385
taxes
*Net
The price paid by Bliss was $16
Shelier Will apply the proceeds to the re¬
payments
The
S
80,318,491
2,111
137
—
2013.
p.
dividends
making this announcement,
excess
1,074,362,422 951,327;956
6,755,480
Canada
in
of
holders
to
102.990
2—
•
Dividend of 60 Cents—.
special,
a
payment was
paid in both
speck 1
amounts
proposes
provided by
Nov. 29,
$
.
82,533.748
S..
Nov! 27; '48
*
in operation
Stores
—V.
the
dividend
31
168,
Dec.
payable
stock,
capital position in its history.
$9,400,000 and total current
48 Weeks Ended—-
*
27, '48 Nov. 29, '47
$
in
initial
an
Dec. .<17/—V.
declared
has outstanding
15,
scheduled
4 Weeks Ended-;
Nov.
in
*
$145,882
110,727
31
W. Bliss Co.
reported that
2323.
Period—
Sales
Net
Privately—The company Dec. 9 announced the
62,500 shares of previously unissued common
15, leav.ng
000
Stores
Inc.,
-
declared
payable
Manufacturing
share net.
company
Safeway Stores, Inc.—Current Sales in U. S. Off—
Sales
.Federal
Brothers, (jointly),
99.0353 for 2'/8s; Harris,
Lehman
.
$3,472,653
1,979,833
1,505,187
84,715,620
16,943,444
7,971,0.38
92.527.143
18,509,623
9,707,263
railway
OCT.
1947
interest
Amortization
bidders
Holders of
the preferred
stock have agreed to wa;ve the present
sinking fund requirements of 20% of net earnings annually and Shelier
has agreed with such holders to retire, commencing in
1S50, a maxi¬
mum
amount of $87,500 of preferred stock annually.;
'
:
^
From Jan. 1—
Gxo:s
of
Shelier
1,035,434
-
ENDED
$156,893
Depreciation
cumulative preferred
stock.
This will" leave $700,000 of preferred stock out¬
standing.
1945
194S
$9,462,810
2,133,583
$10,459,875
railway..—
2,920,856
oper, income—1,650,776
railway
from
Net
Co.
Other
99.163.
.
to, Dec.
'
1947
1948
from
and
of
2013.
p.
demption at
1
October—
Gross
bid
a
$225,851,910 $228,048,392
—
—V.
a
St. Louis-San Francisco Ry.—Earnings—
Net
Bond
is
1—
oper.
on
Stuart &
stock,
have
total
Shelier
vl.13',290
441,822
189,873
183,931
MONTHS
South Porto Rico Sugar Co.—$2.50 Distribution—
1945
$1,138,517
railway
fiom
Net
Inc.
record
capital
stock to E.
$1,371,076
401,312
231,276
...
from
Discount
,
Sears, Roebuck & Co.—Nov. Sales Slightly Lower—
Mexico Ry.—Earnings—
1348
railway,
From Jan
Grew
of
sim.lar
A
the
Common
railway—;
mm
the
20.
brought
20,000 shares ($1 par) preferred
stock.
No underwriting.
For purchase
par)
(no
October—
frcm
Co.,
directors
common
directors
on
sale
IJet
t,
notification),
of
SIX
(incl. ordinary taxes)—
cn
bonds retired
Dividend—
Per. End. Nov. 30—
St. Louis Brownsville &
Gl'C.3
Jan.
99.499 for 2.58s.
the
7,
the
on
Dec.
materials,
raw
Dec.
The
Minneapolis, Minn.—Filing With SEC—
IGff shares
and
6
&
Common
eertXcates
share
Sa
riock
Die.
2V2SL Halsey,
&-Co., (lac.),
share
."63441
opsr. income.—
f;Deficit,—V. 163, p. 2013.
ry.
St. Croix, Inc.,
for
Ripley
including four quarterly
-
instalments
annual
exp.
*
935,776
railway
equal
Seaboard Surety Co.—Special
$421,662
13,449
oper.
from
Hall
' 1945
1947
$573,749
88,813
railway—
ar?5mt£St' kiimr..-i'et
99.1033
.
railway-::..
from
Net
.
1948
^om
FOR
income
Total
deferred
$550,634
52,879
October—
Cross
15
awarded
was
Harriman,
were
'trust
RR.—Earnings—
Rutland
STATEMENT
1943
.
issue
Initial
—y. 166, p. 1895.
in
mature
The
225,145
22,000
$4,257,190
_
EARNINGS
Total
1950-1961.
™-™>4q151
vTot^
Monday, December 13, 1943
approval of the ICC, were, offered at prices
yield
1.50% to 2.80%, according to maturity. Associated
offering are brexel & Co., Union Securities Corp,
?nd Stroud & Co., Inc. Certificates are dated Jan. 1, 1949
0,06
i,S
value 85 per
Su I:::::::::;::::
CHRONICLE
in the
and
is.ood
44,41 j
local
and
state
federal,
';»p'™[
21,2^.4
40,049
24,094
—
taxes.—.24,879
state, & Canadian taxes on inc. (est.)
301.031
products guarantee and other conting.
22,727
7.cc.i ed
lies,
9U.4J3
?nn?o
empls._x
payable Sept. 13, 1948
1 ayroll taxes and taxes withheld from
s edeial
and Canadian excise taxes
493
90
102,807
—
narks, wages, etc
•
FINANCIAL
&
from
'Jiade
t
COMMERCIAL
South
Building
Grand
and
Building
Annex),
Los
Co.
(Edwards &
Angeles,
Calif.
The
sale
to
Title
Insurance
Angeles,
to
it
income
of
exhaust
All
the
tenders
will
be
said
bonds.
Calif.,
sum
be
will
if
accepted,
'
&
will
Trust
until
leasehold
of
at
^
Co.,
co-trustee,
Dec.
16,
mortgage bonds
General
433
1943
to
South
receive
an
Spring
bids
a
on
price
St.,
for
the
sufficient
offers
submitted
.
Dec,
lower
16,
and
than
lowest
the
redemption
.
'
Y
as
Counsel;
Assistant
price
Y
of
>
Albert
since
1928,
serving
Ricker,
A.
Comptroller,
and
Arthnr
W.
Lucas
Treasurer.
.' •Mr, Noone continues
been
amount
$20,391.
opened
Appointment of four new qfficials has been announced by Joel S.
President. They are: John B. Noone, Secretary; Henry Weigl,
Mitchell,
Sought—Earnings, Etc—
Los
Standard Brands, Inc.—New Appointments—
Wildey
Tenders
—
in
addition
as
as
Assistant Treasurer,
to
his
Assistant
new
duties
Secretary
as
and
a
position
Secretary.
Assistant
he has held
Mr. Weigl has
to
the General
Counsel.
Mr.
Heintz
Ricker,
formerly Vice-President in charge of finance of Jack &
Industries," Inc., Cleveland, Vice-President of the
Precision
Volume "168 ' Number 4759
THE
Cramp Shipbuilding Co., Philadelphia, and Comptroller of the New York
World's Fair, joined Standard Brands, Inc. in May, 1948.
Mr. Lucas has been with the company since December, 1945, in the
Finance Division.
Previously, he was associated with Lazard Freres &
Co., and during World War II, was with the Federal Bureau of Investi¬
gation.—V.
168, p.
2014.
COMMERCIAL & FINANCIAL CHRONICLE
INCOME
Thompson-Starrett Co., Inc.—Earnings—
•
1948
1947
$140,392
$110,880
6 Mos. End. Oct.'31—
Net
loss
Operating
$172,027
$85,753
Nov.
into a
loan agreement with a group of banks headed by Continental
Illinois National Bank & Trust Co. of Chicago, and The Chase Na¬
tional
Bank
of
New
York, under which it will borrow $11,600,0001
at 2 Vat % interest, per annum, to be evidenced by secured promissory
notes
and
to
apply
the
net
proceeds of
the loans together with/
treasury funds in the amount of $3,274.78 to the prepayment, without;
premium, o; its presently outstanding bank notes, due April 10, 1949,
in the principal amount of $11,603,274.
The new notes will be dated
as of the date
of their delivery, will mature one year from that date*
and will be subject to prepayment at the election of Standard without
on
30
proposal
company's
approved
the
of
payment
Standard
premium.
a
to
proposes
holdings of shares of
(Minn.),
Philadelphia
V.
'
'
the
secure
stock
common
Co.,
Northern
of
Wisconsin
and
pledge
the
by
notes
States
Public
its"
of
to Pay for
The
and
Corp.—
1948—9 Mos.- -1947
$738,908
$3,298,175
1,448,424
1,448,424
1,448.424
share
per com.
$0.87
$0.47
1938.
2330.
p.
Corp.—EarningE•
:
j.—
Profit- after
;
October—
1948
1947
$956,998
__
$870,688
charges..__
taxes.
1
!___
Net
income
'
4,637
Net / from
Net
:
*$18,000
5,956
167,
1512.
p.
-
ry,
of
shares
20,000
over
of
stock
common
of
this
$14,542,706
4,166,108
$9,562,423
$10,947,662
$10,376,599
1,564,187
1,683,226
$7,998,236
$9,383,475
$8,693,373
3,834,450
1,203,572
1,244,329
*328,639
*338,931
558,489
income..:.—
oper.
Deficit—y. .168,
Tru-Ade
ten
new
161,
p.
company-
income
($1,611,300
in
1948;
'
Split Shares—
will consider increasing the
13
8,000
taxes
2331.
p.
shares,
shares
par
to
each,
$100
issued
be
in
to
outstanding
80,000 shares,
exchange
for
each
2490.
United Air Lines, Inc.—1948 Activities Reviewed—
.
W.
•
A.
Patterson,
review,
said
the
air
and
the
to
which
increase
some
United
of
expects
passengers
parcel post
From
President
company
2,000,000
express
service.
as
air
result
should
freight
traffic
Lines,
carried
a
There
particularly In
standpoint of
Air
in
least' equal
at
it
of
full
a
also
be
year-end.
a
the
volume
Air mail,
1948;
in
of
he
operation
gains in air
year's
some
tonnage.
carried,
efficiency and
improvement of service, 1948 has perhaps been the most cutyear' in 'United Air Lines' 22-year history, according to the
overall
increased
standing
review.
Major
achievements
included
greatly
increased
control of operations and centralized mainte¬
13,817
*405,581'
economies,
centralized
nance,
well
*531,308
regularity.
as
The
1945-
P.
as
substantially
improved
with December
miles—approximately 96%
company,
plane
(Calif.)—Sales Show Gain-
Inc.
surplus
state
Dec.
on
each,
year-end
railway—-'-—
&
and
$10
share held.—V.
11
*30,583
*42,032
26,344
divs.
com.
Federal
from
of
95,331
_
stocks
stock
par
;
.
for
stockholders
Mr.
year,
Shares Accept Offer of $34.75 per Share—
Holders
3,862,360
1,564,187
1
common
1946
$277,546,
63,111
204,512
—-
railway--,-.*..,
l'rem
from
Holders of Over
—
5,998,910
3,898,572
said, should show
1047
1548
-.railway*.-'—
Net
Taylor-Wharton Iron & Steel Co,
of
The
.
$517,976
railway.—
oper., income——-——
ry.
Gross
*
.
.
—.
Net
"Loss.—V.
24%
an
'
...
,
from
Gross
18,000
11,593
income
6,095,504
$14,810,021
Union Gas System, Inc.—To
oil interests
approximately one-
the Doheny
-
.
Fron; Janu 1—
-
Balance
Toledo Peoria & Western RR—Earnings—
Swan-Finch Oil
$8,543,787
5,783,474
preferred
on
"Includes
almost
Quarter Ended Sept. 30—
'
$8,714,518
$13,460,995
—
$2,950,300 in 1947).—V. 168,
1825.
Sales-
Federal
$1.35
$2.17
*
/
.
1946
"
over
\
r
'
-
-
$42,000,000 for
$1,000,000 for
serially
due
notes,
the 10 months ending Oct. 31 it bought an
a day.
The present average price of this oil,
handling charges, is $2.54 a barrel.—V. 168,
In
average of 6.755 barrels
including gathering and
$2,116,015
1,448,424
$7,677,521
revenues
Net income
interest in 1,640 acres of lands and leases in the Pleasant
Valley and Guijarral Hills oil fields, along with some personal prop¬
erty on these lands.
The
company has
been buying the oil produced on the Doheny
$1,305,140
168, p.
period,
property,since
taxes
E&rnings
promissory
group of banks.
25/8%
on
from a
The company plans to pay
ih
the
Coalinga Field
and
after charges
Com. shares outstanding
—V.
$15,000,000
five-year
a
(& Subs.)- -Earnings-
1948—3 Mos.—1947
..
'
•
revenues—-..
deductions
Dividends
plan on Dec. 20. !.
The company has arranged with the New York Life Insurance Co.
and
certain
pension
trusts for which
the Bankers Trust Co.
Is
trustee to sell them $28,000,000 20-year 3%
sinking fund debentures •
on
or
before Dec. 22
at lOOVa.
Tne directors also are considering
quarter
Period End. Sept. 30—
.
Net profit
Doheny
Carrie. Estelie
Total
in a letter sent to stockholders Dec. 6 its'
purchase of California oil lands from Mrs.
for $43,000,000.
Stockholders will vote on
the
168, p. 2323.
Standard Steel Spring Co.
taxes—.
income
Gross
Oil Properties-—
reveals
financing the
company
for
plan
Co..
Power
Service
'
,
1047
$41,546,068 $37,785,653
37,776,650
32,831,551
29,241,666
Tide Water Associated Oil Co.—To Borrow $43,000,000
.
borrowing
new
ALONE)
1948
^
operating
Non-operating
enter
to
(COMPANY
15
$45,454,171
—
and
expenses
Net
Standard Gas & Electric Co.—Bank Loan Approved—
8LC
STATEMENT
Sept. 30—
revenues
net loss was $79,782 as
corresponding quarter of
quarter ended July 31, 1948, the
with \net loss of $60,315 in the
168, p. 1049. • ' '
1947.—V.
The
12 Months Ended
1945
1946
*Oper.
the
For
compared
bank
(2439)
revenue
Patterson
said.
miles
plane
In
of
1947,
94?«>
or
its
of
flight
estimated,
59,342,000
scheduled
mileage
its
the
dependability
flew
completed
mileage.
for
the
62,775,400
company
scheduled
and
revenue
.
During 1948, with December estimated, United flew approximately
1,209,720,000 revenue passenger miles, a decrease of only 2%
from
1947 figure.
Mail ton mines totaled approximately 19,271,000, a
•
have
to Dec.
Hoodin
to
stock.
2 accepted
purchase
the recent offer of Fred Weiland and Joseph, H.
total
a
On
Nov.
18,
share, less
of
New
York
equal
to
Federal
State and
Previously
and
Hoodin,
10
cents
transfer
tax
offered
buyers,
at
share
a
'■ Our
shares outstanding..
as
stock
Lee c.
this
of
shares
56,668
than
of the total
shares of the
56,663
amount
an
less
not
than 24%
Weiland
Messrs.
purchase not less than
a
of
This represents more
to
stamps.
/'
>
;
-
to
formalize
R.
bid
the
in
neighborhood
of $35
per
share for the
Hanks, as spokesman for the board of
directors, which collectively represents 20% of the outstanding shares,
turned down the offer because, in his opinion, (he
price offered was
inadequate. /
1
■
;
a
Taylor-Wharton
stock.
•
Mr.
.
,
of
clients of Messrs. Weiland
number
a
Frederick
officers
are
commercial
Y.
of
1948
will
V.
168,
these
companies,
to
whose
combined
after
earnings
•,
asset
operation,
value
this
of
amounted
to
corporation
$274,983,
at
31,
Oct.
to
equal
See also
'
,
President, discloses in the first annual
Oct. 31
portfolio had a market value of
stocks
common
television
amounted
The
not
to
electronics
$3,762.
corporation
available
start
until
to
168,
companies
in
.
of
months
a
divisions
unrealized
of
Aug.
the;
appreciation
20
The
asked
authority
to
issue
$918,000
3%
trust certificates, series F, to be dated March J, 1949 and
semi-annually
Sept.
1,
1949-58.
The certificates
purchased by the RFC.-
$46,000
EARNINGS
•/
FOR
OCTOBER
October—
FIRST
AND
of
TEN
to
be
MONTHS
of
1948
1947
1946
1945
$403,083
$373,193
$346,077
$335,565
58,094
42,235
24,502
69,582
"2,112
from
Net
Net
ry.
railway-—
railway——
frcm
*8,735
*24,0.93
58,968
income
oper.
from
Net
from
Net
ry.
*
railway
3,962,229
railway-.:
Deficit.—V,
3,425,641
3,004,427
615,306
320,189
*120,816
*155,106
168,
f.
642,750
255,406
Definitive
first
available
Service Co.—Definitive Bonds Heady—
bonds,
mortgage
the
at
office
of
Bank,
or
Trust
New
for
Fort Worth, Texas,
Co., 16 Wall Street,
temporary bonds.'-". -
at
Operating
Federal
Other
clear
/ 6erve
of
the
Y., for
INCOME
$1,722,853
holder at
Bankers
274,254
___
92,518
ACCOUNT
with
1,272,284
78,000
1,105,500
White
Gross
income
Interest
$348,871
$4,816,731
22,928
ductions
Net
de-;
r
$360,796
:
**
$384,696
requirements
for
$4,839,659
72,553
952,064
847,647
$3,887,595
$3,188,492
...375,678
375,67.8
the
period
Balance
$3,511,917
p.
$2,812,814
The
•
(& Subs.)—Earnings—
Period End. Sept. 30—
Gross
sales
profit from opers.
Depreciation
_
_
Int.
funded
on
amortiz.
I and
Res.
.
•
for
1948—3 Mos.—Ifi47
for
the
(3)
is
to
it
believes
can
■
.
,
■
"
Dec.
the
of
corporation
of
as
Oct.
31
was
1
2,795,000
its
investigation
the
of
company's
•
whereby
transactions
approved
Union
of
of
84,131
422,203
264,293
38,048
27,788
90,988
79,800
in
business
ton
this bright traffic
by the Civil Aero¬
problems
now
pattern
facing
Revenue
which
it
the
acquire
now
CONSOLIDATED
2,413,429
Flying
1948- —9 Mos.-—1947
6,493, 020
2,034,979
6,,426,571
4 ,865,02(
1,709,687
1,622,651
5,255, 784
5,029,379
2,388,792
14,000 ,515
miles—
revenues-
&• ground
sales &
&
opers.
adver._
admin
6 ,161,26
16,559,010
45 ,354,80'
17,636,020
45,310 ,778
$24,835,297 $22,507,577 $59,481 ,124 $52 ,686,87'
26 ,986,45;
11,429,967
10,064,587
30,163 ,266
7',862,00:
4,243,786
2,853,823
10,910 ,366
5 ,821,221
2,977,748
2.400,375
7,095 ,230
2,974,758
2,697,878
7,976, 008
038,791
—
Maintenance
General
ACCOUNT
miles—__
Depreciation
Net
inc.
Other
1,988,788
1,983,941
5,273, 247
$l,220,25j)
:
from
$2,506,973
*$1,936,993
*$2,105,081
1,315,743
776,532
,
opers,_
deductions,
income
net-
486,134
'
taxes
Net
income
Divid.
require,
preferred
6
265,386
Cr747,000 Crl, 110,000
$734,116
$1,428,587
*$2,505,736 *$1, 771,613
106,620
•__
—
106,620
4'/2%
on
;
stock
-
Earns,
for
com.
(1)
•
$627,496
$1,321,967
$0.30
$0.70
2,069,547
1,886,738
,i
per
\
i.
'
319,860
248,780
share_
com.
Common & management
shares
,
168,
p.
Union
will
presently outstanding;
9,782,500 shares of new
the
2,795,000 shares of
for
holds.
$1,522,833
2,069,547
1,886,738
Nil
2164.
~
United Aircraft Corp.
Period End. Sept. 30—
'
.
,
Sales
,
of
,
aeronautical
Other
and
from
other
in-
Cost
46,998,563 157,250,707 144,084,728
<
45,392
60,691
380,301
(net)
89,931
134,282
659,640
126,129
268,481
158,044 629 144,479,338
48,226,756
sales—
of
Prov.
$
.
47,801,063
licensees
income
1948—9 Mos.—1947
$
$
$
..
product, parts A serv.
Royalties
(& Subs.)—Earnings—
1948—3 Mos.—1947
for
1
deprec.
and
amortization
47,149,185
35,810,425
35,410,965 116,213,314 114,813,046
•
1,269,740
1,060,913
3,601,769
2,800,951
^___
8,635,236
25,943.339
tax
692,866
6,338,988
1,621,987
17,085,107
3,697,029
1,818,489
2,666,332
7,562,220
6,083,205
2,656,701
2,656,701
2,656,701
2,656,701
.$0.57
$0.88
$2.48
$1.92
Engin.,
devel.,
Prov.
sell,
and
expenses
Fed.
for
inc.
income
per
—V„
p.
166,
com.
share
4,723,988
1406.
United Electric Coal Cos.
3 Mos. End. Oct. 31—
Profit
from
1948
(& Sub.)—Earnings—
1947
1945
1945
$753,858
$6.49,028
244,533
219,218
19,072
17,468
2,238
Cr9,894
12,144
77,314
Cr2,8l9
314,800
131,400
209,000
$1,063,915
deprec—
$1,198,391
250,356
587,700
operations-
and
336,868
19,830
Depletion
Interest
INCOME
ACCOUNT
1947
1648
deductions
1946
Federal
Net
Com.
$13,390,051 $14,397,553 $14,092,042
328,464
272,286
254,727
revenues..:..,
Non-operating revenues,
net
$602,019
$283,143
$221,391
550,000
550.000
550,000
$1.93
$1.09
$0.51
550,000
$0.4O
$1,998,420
(net)
income
—
taxes-
income
shares outstanding
Earnings per
—V/168,
p.
com.
share
1627.
,
income
$13,718,515 $14,669,839 $14,346,769
3,528,121
3,641,295
4,120,913
______—.
deductions
/—
__
com-
14,500
24,000
104,350
72,000
73,319
446,950
468,854
Net
•
$2,185,876
Nil
4
outstanding
*Loss.—V,
.
.
United Light & Railways—Sale of Detroit Edison
93,489
083,47!
813,000
stock
avail,
Bal.
.
&
taxes
in¬
revenues
Net operating
Gross
and
the
380,596,044 407,044,467 917,596, 414 949,,786,041
—
plane
Operating
INCOME
miles—__
ton
Earnings
officers
income
of
done
transportation
"
stock
exchange
12 Months Ended Sept.. 30—
Total
air
level
economic
Miscell. inc. and miscell.
*
1.495,921
and
express
high
to
common
will
Co.
Union
stock
common
incorporation
shares
American
stock
ail"
Com. shares outstanding
re¬
1948—9 Mos.—1947
156,472
miles
miles
admin,
1405.
of
is
air
1948—3 Mos.—1947
Total
committee, announced that move-,
Kentucky to enlist .50 to 60 more
with the committee.
'
the
of
join
to
continuing
on
regardless
what
nation's
complicated
Sept. 30—
ton
come
$255,000.
p.
in
generally
1949,
passenger
Freight
.
$5,321,975 $18,692,244 $17,810,527
1,745,950
in
Express
automobile
satisfactory
commercially
a
in Texas and
capital
168,
gains
the
'
1_—,
.
$64,586,566 $57,882,906 $53,084,340
*Total operating exps. and taxes—
51,196,515
43,485,354
38,992,298
314.151
employees
for
'
committee
the
connections.
articles
North
,
413,903
—
end
year
pensation
Prov.
debt
,
„
states
its
Operating
Interest)
the
numerous
Mail
large
a
Secretary
only
of
being made of air shipping by business
use
COMPARATIVE
increase the total number of
its authorized common shares
(no
par) from 3,300,000 to 12,000,000;
(2) Union will issue 9,782,500 shares of new common stock in exchange
of debt disct.
expense
and
Minority
$6,035,918
Gross
„
these
be
8EC
i
(Excluding
other
Period End.
"Net
2053.
Thermoid Co.
charge,
in
'
.
Union Electric Co. of Missouri—Changes in Stock—
/
'common
-V.-168,
t
way
SEC
amend
$288,243
correct
to
Rev.
scheduled to be presented to government officials in'
Dec. 11.
The officials are said to include influential men
working
to
The
■
$4,036,139
,.
f net)105,370
income
Preferred- dividend
-
time,
Scott,
in
Cash
19,894
■,
Continued
result
a
a
new
type of de luxe service over certain sections of the com¬
system.
Currently, the company is operating 147 Mainliners
Cargoliners over its 80-eity, 10,700-mile system.
Fed.
$4,016,245
11,925
$490,066
—
other
and
1'
develop
under
are
dealers
I,0l5,o0o
$484,007
revenues—
and
• ;
is
House
; Allan K.
•
.
plan
ments
1,064,520
6,059
oper-
as
pany's
for
and
engines
practices.—V.
Net
solve
offer
believes
way
7,233,000, a
a
gain
20,068,000,
United expects to receive the first of seven Boeing
Stratocruisers—huge double-deck, 300-mile-an-hour planes—which will
Head—
1948—12 Mos.—1947
127,564
103,500
_
the
same
The
ported
retirement reappropriations
Other income
.
the
qt
delivery in exchange
$1,474,510 $19,271,175 $16,352,214
764,073
9,493,248
8,106,940
156,002
2,583,412
2,149,509
768,574
expenses
taxes
optton
aviation
Washington
taxes
Property
the
1948—Month—1947
revenues../:_
Operating
series, due Oct. 1, 1077, are
trustee, The Fort Worth National
York, N.
COMPARATIVE
Period End. Oct. 31-
27/a%
the
service.
emphasized that,
must depend on
earnings
Board
Early
government contracts and new management
a $25,000,000 to
$30,000,000 loan from the
RFC and possibly attract $5,000,000 to $10,000,000 of private capital,
Under such conditions the committee believes the company can make
committee
The
approximately
approximately
dustry.
government contract for manufacture
engines.
The committee states flatly that the navy has
sought to lease one-half of the immense,
one-time war plant for
engine manufacture.
Describing the plant as "perhaps unmatched
in the world," the committee asserts the property is "perfectly capa¬
ble of turning out 500 automobiles per eight-hour shift and at the
same time doing as much as $500,000,000 a year of war work."
.
now
Patterson
nautics
♦
"
'
company
miles,
as
executive
the
miles,
kinds.
Mr.
9
Hoban.
&
plan,
■■•<• ■
new
a
for
would
Texas Electric
ton
steadily increasing
picture,
aircraft
of
2053.
p.
stock.
B
obtain
3,258,193
279,672
67,386
income—-
oper.
Walk
Hayes,
committee's
With
From Jan. 1—
Gross
post
expected
are
the
all
of
explained by the law firm, calls first
for the appointment of an executive with a "background of successful
automotive manufacturing and war production experience" to replace
Mr. Tucker.
This would be accomplished through the purchase of
Mr, Tucker's controlling interest in the corporation's 1,000,000 shares,
mature
would
Buffalo,
comm'ttee
The
Damon,
The
equipment
*
Gross
Dec.
ton
express
freight
is
distributors,
McKinney- of
R.
ICC
parcel
freight
and
Treffic,
and
business.
has
air
of
claims an estimated membership- of 500
an independent group headed by George
N. Y., who has invested $100,000 in the
is
receiving legal aid from the law firm
which
committee,
dealers
Tennessee Central RR.—To Issue Certificates—
Companv
and
expects to maintain
its
passenger
volume in
1949
even
surface travel may continue to decrease, Mr. Patterson said.
gains in air mail should result frcm the recent inauguration
though
Further
duction.".
May 27, 1948, but shares were
actual operation of the Fund did not
when
the first portfolio
purchases were
and
1049.
p.
of
"Times"
York
New
incorporated
public
1947;
over
100%.
'
representing
$169,626,
various
industry.
Net
totaled $107,628.
Cash
was
the
after
made.—V.
different
24
of
and
two
almost
"United
Formally stating its position regarding
distributors and dealers committee Dec,
share, Chester D.
report to stockholders.,
$9.12
Tripp,
The
after
7%
5%,
had the following;
the Tucker Corp., the Tucker
8 termed the corporation's
management "inadequate" and outlined a plan for replenishing, the
company's treasury and putting it on a production basis.
"It is becoming
more obvious daily that the present management
is
inadequate," the comm'ttee sa'd in a letter to the corporation s
2,000 dealers and distributors.
"Mr. Herbert Morley, Vice-President
and director, the No. 3 man in the organization, resigned two weeks
ago.?- Mr. Fred Rockelman, Executive Vice-President and director,
the No. 2 man, is" rumored to have threatened to resign'.
"Mr, Preston Tucker,
President, is so embroiled in litigation lhat
his
services
to
the
corporation
in
the foreseeable future are of
doubtful value. • It has been,
and is, our belief that under present
management there. will never be a Tucker automobile in mass pro¬
The
Television Fund, Inc.—Net Asset ValueNet
of
of
Bottling Co.—
Buying His Control and Engaging New
pose
in
taxes
approximately $1,000,000, it was stated.
2231.
gain
gain
of
Corp.—Dealers Plan to Oust Organizer—Pro¬
Tucker
gas
amount
p.
the
'
(bedroom
each
:
to
manufacturing corporations which include:
Co.,' Frederick, Md, (commercial shears and
Gas Equipment Corp.,
Baltimore, Md. (domestic
ranges);
Empire Case Goods Co., Johnstown,
furniture);
Rice
&
Adams, Buffalo, N.
Y.
(dairy
equipment);
McClellan
Mill
Works, Davenport,
Iowa
(sashes
and
doors).
These gentlemen
own-substantial
control
of
the
stock
of
N.
■
directors
and
Steel
Standard
-'
•'
.
above.—V. 164, p. 2327.
See that company
.
Hoodin
1
-
•
■
.
.
successful
&
Iron
stokers);
and
of
and
•
approximately
of
over .1947
''
•'
to Chicago Dr. Pepper
Grants License
'
The
29 said in part:
Nov.
on
showing an Increase
are
Hyland-Stanford
a
representative
of the buyers had
Hanks, President of the company, and its largest
individual stockholder, ar.d indicated that the buyers might be willing
G.
sales
its wholly owned subsidiary company,
Corp., controls the manufacturing and processing
facilities necessary to produce an ample supply of basic fruit juice
concentrates which the bottlers use in producing Tru-Ade. The HylandStanford plant at Los Angeles, Calif., has since 1939 produced Tru-Ade
orange base
in accordance with the Tru-Ade formula.
The HylandStanford. plant at Grandview, Wash., is located in the heart of the state
of- Washington's
concord grape area.
Both of these plants operate
under the name of Hyland-Stanford Corp.
,
price of $34.75 •
to cover the cost}
a
mid-October),
(in
approached
Ward', President,
1948
7b%.''•
This
corporation/ through
income
——————
stocks of company___
Divs. on. pfd.
$10,190,394
1,564,187
$11,028,545 $10,225,856
1,564,187
1,383,226
The
Stock
authorization from the SEC to sell
at competitive bidding 78.270 shares of common stock of the Detroit
Edison
Co.
These
shares
were
received
as
dividends on United's
Dec.
company,
stock
common
8,
received
holdings in the American Light & Traction
Co.
United
to apply the proceeds of the sale to reduce bank loans.
The
also was permitted by the SEC to make stabilization pur¬
of
the
Detroit
Edison
stock.
In
addition, the Commission
proposes
cbmpany
Net
Com.
income
sbrs.
Earnings
—V.
168,
p.
$111,393
com.
$104,913
$681,458
652,464
752,417
652,464
$0.10
$0.10
$0.77
$0.77
chases
$610,974
752,417
outstdg
per
shr.
1405.
*
Balance
'
for
"Includes
com.
Federal
4
$6,085,100
in
1947).
divs.
and
&
surplus
state
$8,626,207
income
taxes
$9,464,358
($4,614,100
$8,542,630
in
1948;
reduced
the
up
from
shares
ten
will
be
six days the period for inviting bids.
Bids for
received at Room 1730, 165 Broadway, New York,
to
to 11 a.m. (EST), Dec. 15.—V. 168, p. 2232.
THE
(2440).
16
United States Radiator Corp.—New Product—
the
dividend
A
.
.
ters, makes
shares
of
sinking fund preferred stock to
be issued.
cumulative at the rate of 5% per annum, payable Jan.,
April, July and Oct. 1. Redeemable otherwise than for the sinking
fund at $51.50 per share,
through Dec. 31, 1951, thereafter at $51
per
share
through Dec. 31, 1954, thereafter at $50.50 per share
through Dec. 31, 1958, and thereafter at $50 per share, in each case
plus divs.
Redeemable for the sinking fund at $50 per share plus
number
shares,
and
with the divi¬
preceding quar¬
total payments for the year $1 per share, the same as was
for the average dividend over the entire
Approximately 65 cents of the total 1948 divi¬
from ordinary net income and 35 cents from
securities profits realized as a result of investment changes during the
year.—V. 168, p. 2054.
paid in
1947 and the same as
history
the
of
13.
Wellington Fund
on
oi
the
has
declared
will
President,
Smith
Chairman
become
ended
executive officer of the company Jan. 1, and Harry E.
Humphreys, Jr., Vice-President' and Chairman of the finance com¬
mittee
will become President and Chairman of the executive commit¬
chief
P
tee
for
20
finance
„
Transfer
for the week
(Mo.)—Nov. Sales Off 6.4%
Western Auto Supply Co.
,
an
Increase of 9.43%
corresponding week of
115,449,000 kwh.,
kwh. for the
106,019,000
Per. End. Nov. 30—
retail
wholesale
Surkamp, Treasurer, has been elected Vice-President and
Chairman of the finance committee to fill the vacancy created by
Mr
Humphreys' promotion.
Mr. Surkamp has also been made a
director
and
a
member of the executive
committee.
Herbert M.
1948—11 Mos.—1947
1948—Month—1947
and
sales
$10,630,000 $11,359,000 $112,801,000 $108,897,000
__
Number of
retail units in
operation at Nov. 30, 1948, were 265,
against 257 a year before,
Wholesale accounts numbered 2,086, com¬
pared with 1,882 at Nov. 30, 1947.—V. 168, p. 2055.
Wilkins
in
168, p. 2232.
General Auditor, has been elected Treasurer.—V.
—Earnings—
$20
1948
taxes
share—a-..-,,-—-~r~—
Earnings per common
loss.—V.
*Net
168,
2232.
p.
issued to stockholders of record Dec. 1 rights to
shares of additional common stock (par $10) at
company has
for 47,206
share
a
basis
the
on
of
share
one
each
for
shares
live
'
'
expire on Dec. 15.
Until that date warrant holders will have
the
privilege of subscribzing for additional shares on an allotment
basis.
An underwriting group headed
by Harris, Hall & Co. (Inc.)
has agreed to buy any unsubscribed shares.
.;
•
v
"
\
*
j
Veterans Tobacco Corp., Washington, D. C.
Sale
of
With SEC—
Nov. 26 (letter of notification), 54,000 shares of common stock
(par SD.
Price, par.
No underwriting. To produce a cigarette and
defray costs of recapitalization.
struction
Video Corp. of America
Stock Offered
—
ities
are
from
Net
BUSINESS—Corporation was organized in October,
1940 for the purpose of manufactuirng television receivers and acces¬
Gross
AND
Net
work,
the
that
the
is,
completion
of
production,
commencement
circuits,
of
designs
all done
was
capital
stock
consists
sale
Kronengold,
except
delivered to
out
the
of
sion, etc.), $25,000;
balance
for
Ave.
Extension, BrooJclyn, N. Y.,
fice, final assembly line and testing laboratory.
and
space
tion.
present
Additional
if and
funds
as
equipment
and
space
&
Webster
equipment
be
can
showroom,
a
for
modest
obtained
shares
739,128
for
subscr bed
basis
and
The
shares
the
on
for
has
to
share
for.
480.575
not
subscribed
and
dividends
During
total
of
stock
common
of
Of
the
232,771
at
cost
capital
Curb
04.75
sold
share
per
said
of
acquisition of unsubscribed
prices ranging from $14.50
scription
certificates
payable
the
result
an
of
common
shares
thereof,
297,779
shares
above
stock
shares
have
and
at
an
and
been
referred
1,900
506,357
the
total
shares
aggregate
cost
are
made
to
be
basis.
stock
common
or
4-story
a
feet
square
of
during
on
warrants
and
2054.
of
$8
share
per
on
<•.
of
the
capital
a
Its
capital
capital
The
stock
stock,
of
stock
will
ing
Dec.
8
with
of
the
at
the
Company plans to - make the offer
#afi.
^
to
a
the "*
account
of
34,000 shs.
par)
100,000 shs.
100,000 shs.
750,000 shs.
amendment
an
to
400,000 shs.
the
reclassifying
company's
the
(non-callable),
certificate-of
shares
10,000
into
class
of
way
record
on
on
Dec.
issuable
is
100,000
OF
CLASS
will
be
issuance
first
with
of
the
to
than
STOCK—On
that
of
stock
and
such
of
Cumulative
Dec.
shares
15,095
series
extent
($5
its
class
A
7,
stockholders -of
serial
will
effected
the
underwriters
the
holders
that
later
not
Dec.
11, 1948, of one
each
two shares of
Securities
the
of
Dec.
on
1948.—V.
8,
168,
New
2271.
p.
York
*
pre¬
to
the
exchanges
is
number
expected
of
to
shares
be
approximately
the
of
names
underwritten
by
three
each
are
1948—Month—1947
\
1948—11 Mos.—1947
G.
Becker
L.
Bacon,
&
Co.
Allen
underwriters
p.
Whipple
&
Central
Republic, Co.
Friedman,
&
and
,
T.
C.
H.
Ohio
4.000
:
■>.,■,7 ,**
Vl
Co.
&
Murch
&
1.200
1,000
Hy/I
HI HI ,111, IT
Co
5,000
600
2,000
.
500
1,000
2,000
4,000
1,500
—C
I_
„
Maynard
2.000
2,500
v. ■
Lesser,,/—
Holley, Dayton & Gernon
Kirkpatrick-Pettis
Co. ;
Ladenburg, Thalmann & Co
Leo
L.
Mak, Inc
,2,.
Mullaney, Wells & Co.
The
2,000
2,000
HI II ~~
(Inc.)_i^IIIII_IIIIZ
&
Co
Henderson
18,050
1,000
1,000
Co.—,
Brokaw
Hanna-Kramer
Common
10,400
,
Co._
Blair
2,000
III_IIIIIIII
_I.HI
_I—IIIIIIIII
'
-
4,000
8,000
500
1,000
—
1,000
~I~~~
Co
Co
4.000
__IIIZ~I
-
2,000
4,000
2,666"
Sills, Minton & Co., Inc
Stifel, Nicalaus & Co., Inc.______II_II-III_I
Straus
&
Blosser
Wheelock
it
Buffalo,
has
N.
suspended
Y.
the
plant
has
advised
manufacture
its
338
Tip
the
of
Toe
&
I__I
4,000
2.000
I_H
STATEMENT
OF
INCOME
owned
owned
AND
SUBS
1948
1946
1947
$16,192,727 $26,353,456 $23,800,561
goods
sold—
$18,006,94
'
departments,-
electric
(COMPANY
de¬
partments
of
4,000
Years Ended January 31
July 31, '48
sales,
1,250
2,000
%
Net
Cost
500
Cummins,
6 Mos. End.
distrib¬
at
and
of
sale
Buffalo,
Leo
J.
electric
Pantas,
heating units, however,
Manager explained.
Buffalo,
industrial heating elements will remain in
9,838,096
16,813,089
14,959,333
11,063,0C
$6,354,631
Gross
profit,
departments
Income
Sales, Manager.
emphasized by a company spokesman that the suspension of
Tip Toe electric iron would have no effect upon the operation
nine
other
explained
to
divisions
this
of
action
concentrate
its
leased
$9,540,366
$8,841,228
$6,943,94i
106,898
97,854
83,240
$6,461,529
$9,638,220
$8,924,469
de¬
.
Total
finishing
manufactured
and
war
and
ended.
company
delphia, Pa.
scales, and
locks, used
168,
by
even
its
10
more
on
its
regular
line®
of
plants
in
the
United
80,87
by
that
the
sale
of
these, divisions has
company
increased
constructed
sales
11%
two
the
regular
increased
over
new
the comparable period in 1947.
plants this year, one in Phila¬
sinking fund
in
1951,
4,505,050
$3,140,797
$2,519,769
inc.
and
V 38,155
89,078
52,422
17,122
$1,858,745
$2,886,854
$3,193,220
$2,536,891
exc.
tax
...741,454
profit,
Preferred
1,112,567
1,241,598
1,782,589
$1,117,290
—V.
,
—
$1,774,287
$1,951,621
dividends
$754,302
87,831
168,
1736
p.
175,665
175,665
180,915
165,000
412,500
550,000
175,000
_
dividends
Common
.
Zenith Radio
Following
'
,
operation
5,783,671
$2,797,775
Corp.—Acquires Cathode Ray Tube Firm
.
enterprises, Younker Brothers,
Inc., department store, was carried out Dec. 9 with the
offering, by A. G. Becker & Co. Inc., and associates of
34,000 shares of 5% sinking fund preferred stock, par
$50) and 70,000 shares of common stock (no par). The
preferred was offered at $50 per share, and the. common
stock at $26 per share.
-jy! 5%
for
Net
during the first nine months of
Brothers, Inc., Des Moines, la.—Stocks Of¬
fered—Initial public financing for one of Iowa's
largest
The
6,840,445
$1,820,589
income—^- '
income
prof,
products
oper. »
steadily since
making the Yale line of hoists, industrial trucks and
one in Salem, Va., for making the Yale line of
specialty
as
components in products made by other manufacturers.
2055.
other
Net
Prov.
sold
87.024,819
4,640,939
profit from
Total
States,
for
p.
expenses
Net
hardware, materials handling equipment and
announced
Total
for example,
The
saying that the company has de¬
England.
further
Total
profit
gross
company.
activities
builders'
was
the
further,
products
1948,
on
from
owned
partments
was
cided
the
*
Yale
Younker
1488.
and
follows:
as
Inc.,
Investment Co._
CONSOLIDATED
„
will
may
weeks.
principal
Preferred
A.
Harold
$55,386,225 $55,987,015 $518,245,691 $491,683,464
'
and
thai*
the
No. of Shares
Building, with David Y. Robinson continu¬
It
common
internal combustion engines
to increase its
capital.—V. 168,
pre¬
designated
redemption date for unexchanged shares of class
stock, from which date dividends on the serial preferred
begin to accrue.
The period during which
UNDERWRITERS—The
'
record
1948,
Series."
the
to
preferred stock
&
manufactured
statement
par)
class
exchanged.
PREFERRED
the
offer
reduced
rather
Stock, 5%
agreed
it
A
the
constitute
Preferred
has
pursuant to exchange plan. The amount
will
redeemed
authorized
to
stock
stock
26,
2055.
P.
continue
Canada
sales,
and
the
registration
shares
B
shares
of 7%
(par $10), the total par value of $1,000,000
stock
outstanding
1949,
Graefe
distribution
the
..
other
the
towpany manufactures and sells
stock
1,
Outstanding
preferred
be
the company
Dec. 3 ruled that the capital stock be not quoted
stock distribution until further notice.
of
18% cents per share has also been declared,
locks,
3, 1949, in the ratio of one new share of common stock for" each* «.•'
held.
The subscription .price is to be filed
by amendment.*-- The-
04? the proceeds of the sale
FINANCING
23,000 shs.
($10
$100)
amount
stock
"Serial
ferred
A
recorded
on
manufacture
the
of
1948—11 Mos.—1947
SEC
200,000
PRESENT
34,000 shs.
as
It
Motor Co.—Registers With SEC—
offeripg
corporate
115,095 shs.
adopted
William
were
of
name
new
$8„ for
par
Committee
Sales headquarters for these
York at the Chrysler
$12,513,713 $146,551,922 $137,151,568
stockholders.
general
of the
outstanding 15,095
right to exchange each share
of such stock held for one share
of serial preferred stock
plus cash
equal to the total of (1) the difference between
$100, the par value
of the serial preferred
stock, and $105, the redemption price of the
class A preferred
stock, and (2) the dividend payable on the share
of
class
A
preferred stock surrendered in exchange for serial
share-for-
and best known business
to
EFFECT TO
$100)
stock
1948,
"(par
be
Company
\
have authorized
New
•
Waukesha (Wis.)
Ufa company filed
eovdring a. proposed
for
uncharged.
to
shares of
1
•
shares..
2
of
held.
company's
The
total of 424,550 shares
with respect to 1,900
the
1948—Month—1947
$12,979,098
available
par)——,
was
directors
as
Jan.
Change in Name and Par
—
3,
preferred
the
it
plans to spend $613,000
168, p. 989.
28, 1948, to stockholders of record Dec. 11, 1948.
The
quoted "ex" said cash dividend on the Curb Exchange in
that
He
of
5%
iron.
—V.
Per. End. Nov. 30—
holders
-
The
pre¬
capital.
—,
RETIREMENT
floor
Dec;
168,
utors
Walgreen Co.—November Sales 3.7% Higher—
Stock
A
building,
Towne Manufacturing Co. — Sales for Nine
Months Up 11% Over 1947 Period—Discontinues Pro¬
duction of Tip Toe Electric Irons—
/
aggregate
an
The underwriters acquired in the course of
stabilization transactions
i£QQ shares of common stock which they offered at the aforesaid
ibitial public offering price.—V.
168, p. 2331.
Sales—
—V. 168, p.
the
dividend
Yale
stock
common
of
delivered
be
(par $50)
(par
pfd.
instalment
prepayment
of
$6,167,657.
Of such shares
certificates
with
respect
to
1,900
subscription
or
to,
of
of
a
certificates
Dec.
on
50%
was
—V.
10,
basis.
series
(no
stock
actually
equipment.—V.
new
value
par
value
Sales
of
,
subscription
Nov.
(Maximum
(F. W.) Woolworth Co.—November Sales 1% Lower—
sub¬
were
number
the
on
share represented,
per
quarterly
a
__
subscription period,
underwriters made a general public
offering of the remaining 126,771
shares at an initial public
offering price of $14.50 per share.
;
of
stock
non-callable preferred
known as the Toledo Core
containing 350,000 square
Exchange under the
Per. End. Nov. 30—
aggregate
of
will
working
GIVING
;
stock
incorporation
incorporation, the name of this
Woodley Petroleum Co. and the capital
shares having a par value of $1 per
to
from
a
Curb
share
regular
of under¬
names
shares
purchases upon the exercise
unsubscribed stock, the underwriters
acquired
a
and
augment
stock
non-callable
preferred
and
acres
transactions in
2,
par
stock
cash
stock
stock
representing
prices ranging from $5 to $5.lo
sales price of $4,571,504.
As
or
common
the
the
A
1,900 shares
of $2,774,478;
and
and, in anticipation of the
stock, an additional 106,000 shares, at
to $14.80
per share, and sold
said sub¬
represented,
shares
$8
Exchange
"ex"
193,679
<c)
Dec.
the
to
on
certificate of
,
York
additional
cf
$36,621, including commissions, warrants to subscribe
shares, and exercised such warrants; (b)
upon such exer¬
cise acquired 191,779 shares of common
stock at $14.42 per share and
subscription certificates December series with respect to
a
ifor
its
changed
having
directors
1948,
expired
25,782 were subscribed for
subscribed
for
on
the
purchased
in
The
for, at $14.25 per share (plus adjustment for interest
of 17 cents, or $14.42 in all).
subscription period the underwriters (a)
purchased at
the
building,
$1,493,103 for
changed
shares
the New
on
offered,
warrants.
to
been
been
Beginning
expansion
dividends
"
cumulative
'On
.
Securities
were
underwriters
3-story
basis.
Power Co.—Stock Oversubscribed
exercise
has
stock
produc¬
Dee.,
common
..
amendment
By
company
of¬
168, p. 2232,
pee. 1. (For further details of offering,
writers, etc., see V. 168. p. 2164).
Of the
and
in
the
on
outstanding 15,095 shares of its class A
exchanged for serial preferred stock,
fd. preferred
remaining
of
approval
Value—
Corp. and associates on
Dec. 2 offered at $14.50 per share
128,271 shares of com¬
mon stock (par $10).
The offering was oversubscribed.
The offering included 126,771 shares,
being the unsub¬
scribed balance of 739,128 shares offered for
subscription
by stockholders at $14.25 per share, and 1,500 shares ac¬
quired in stabilization transactions.
Rights
scribed
consists
containing 467,000
acres,
a
expect
share
con¬
not
company
preferred
ferred
plot of 3lk
a
the
are
will
cumulative
two
Woodley Petroleum Co.
share
as
sufficient
are
become available.—V.
Virginia Electric
&
is
the
skg.
*7%
space.
rehabilitation
and
—Stone
announced
3
facture of motor vehicles and that the company
on
EQUIPMENT—Corporation is presently operating at
2430 Atlantic Ave,, Brooklyn, N. Y., where under a
sub-contracting
basis, the bulky assembly and wiring is done under the
supervision
and direction of the corporation.
The corporation has leased space
The
floor
of
Dec.
on
(Plancor 883)
6>/4
in
Set
of
as
and
Common
'
working capital, $199,000.
AND
Platbush
790,705
298,999
during the war by Willys-Overland to fulfill government
both structures are of prewar construction and are inter¬
mingled with the private properties of the purchaser.
No equipment
or
production machinery is involved in the sale and their present
fair value 1$ estimated at approximately $900,000.
'
Willys-Overland states that it will use the properties for thq manu¬
net
385
321,878
264,759
Operated
is no firm commitment for the
purchase of the
In consequence, no representation is made that the
proceeds will be received by the corporation.
The proceeds
will be spent in the following manner as
received, and if less than
the full
amount
is
received, will be expended in the order listed:Expense of the issue, $16,000; additional equipment
(tooling, expan¬
at
583,927
200,549
'■
contracts,
PURPOSE—There
PLANT
site of
directors
per
Co.
'The
1928.
1927,
12,
proceeds received by the company in excess of the amounts
for the purposes described will be added to the general
of
5%
surplus, government-owned wartime
at Toledo, Ohio, for $861,882 cash. Included
a
power substation
and high line extension
are
The other
situated on
Plant,
be
to
are
net
Serial
4,364.537
3,192,093 '
.
of
properties
a
on
space.
feet
the
of
cents
50
in
Sons
Authorized
properties.
the
One
1,000,000
shares which
450,000
813,651
facilities
consider
CAPITALIZATION
5%
36,925
19,943
3,286,358
377,398
■<
corporation
transaction
serving
securities offered.
entire
this
to
the
in
and
escrow.
60,000
3,750,848
Administration
Assets
manufacturing
by Cornell
of
127,974
50,899
income—
2055.
;■
'
p.
of
&
Jan.
$406,367
1,659
Willys-Overland Motors, Inc.—Buys Properties—
450,000 shares have been issued and are outstanding
by Michael M. Platzman, Morton Kronengold and George
held
The
1945
$306,264
8TOCK—The
dividend
Harris-Emery
of
merger
Mandelbaum
in
series.
necessary
44,940
8,763
COMMON
a
the
1923,
of J.
Delaware,
of Harris-Emery Co.
merger
to
such
stock
cumulative
Western Union Telegraph Co.—President Dies—
President, died suddenly at Monte Carlo on Dec. 6,
the age of 62.—V. 168, p. 2055.
War
shares (par lOc).
are
ferred
purposes
$336,060
in
formed
Sioux
dividends,
168, p. 2332.
1946
Moines.
was incurred in
December, 1947 at the time of the
City acquisition.
•
• ■ . ■ .
company
will deposit
in
trust
a
sufficient
portion of
the
remaining net proceeds to redeem at $105 per share, plus aocrued
con¬
1947
income-
oper.
168,
located
CAPITALIZATION—Authorized
Co.
The
Joseph L. Egan,
at
Television, Inc.
and
$6,000,000
a
92,219
railway,,—
railway—_
from
ry.
-
Inc. to" Video Corp. of America.
primary
part
$399,953
railway,,,.
from
—V.
Hie company has acquired
The
in
finance
1948
•
railway,
oper.
ry.
Net
sories.
models and
existing
credits.
<,
of Des Moines.
and
indebtedness
company's
Alabama—Earnings—
'
from
Gross
Net
and now owns all of the stock of Cornell
Television, Inc. (N. Y.), which company was organized in June of
1946 by Michael M. Platzman, Morton Kronengold and George Kronengold, who owned 100% of the stock of Cornell Television, Inc.* ■ The
consideration paid for this stock was cash and services rendered to
the Cornell Television, Inc.
In consideration of 450,000 shares of the common stock of Video
Corp, of America issued to Michael M. Platzman, Morton Kronengold
and George Kronengold, they conveyed, as of Oct. 30, 1948, all of their
right, title and interest in and to all of the stock of Cornell Television,
to
expansion program now under way.—V.
October—
City, N. J.
HISTORY
under
exempt
Trust
&
proceeds
will
be
applied,
in part,
by
the
the retirement of unsecured bank loans totaling- $1,500,000,
company to
securities will be used in part to pay
$300,000' and
Western Ry. of
15 Exchange Place, Jersey
Transfer agent, Registrar & Transfer Co.,
the
thereafter
funds
Co., New York, on Nov. 26 offered 300,000
shares (par 100) at $1 per share. - These secur¬
offered as a speculation..
Rosenfeld
common
and
Henry P.
—
of
sale
the
of
bank* loan
Store
was
ON
declare
to
This
Bonds
from
Proceeds
.
a
the
PURPOSE—The
Privately — Company has arranged
through Harris, Hall & Co. (Inc.) and The First Trust Co.
of Lincoln, Nebraska, to §ell privately at 101.39 $2,500,000 first mortgage bonds, series C, 3%%, due Dec. 1, 1978/
'
Filing
—
be
moneys
on
Bank
Des
Co.,
the acquisition
with
and
.
,,
'
■
.
tax
National
stock, payable about Jan. 22, 1949, to holders of record about Jan.
'
1
and
corporation
1948,
held.
'
•
Department
1927,
DIVIDENDS
Rights
*$430,537
Nil
$0.16,
i
,
1947
$57,880
charges and
after
profit
Net
Trust
nection
Western Light & Telephone Co., Inc.—Stock Offered—
The
subscribe
9 Months Ended Sept. 30—
property
Bankers
will
stock
common
Central
present
(& Wholly-Owned Subs.)
Universal Laboratories, Inc.
and
personal
Agent,
HISTORY
AND
BUSINESS—Company
operates,
under
the
name
Younkers, the largest department store in the city of Des Moines,
Iowa, and the State of Iowa. No other store in the State is believed
to
do
a
comparable volume of business.
In addition to its main
store in Des Moines, company now has stores in Sioux City, Ames,
Mason
City, Fort Dodge and Marshalltown, Iowa; and the opening
of branch stores in Iowa City, Ottumwa, and Clinton, Iowa, for which
premises have been leased, is projected for the near future.
The business was originally established in Keokuk, Iowa, in
1856,
and began operations in Des Moines in 187*.
The size of xhe business
has
been increased in past years by acquisition
of other important
Des
Moines stores, Including Grand Department Store
in 1912, and
Output—
168, p. 2331.
Combined
Arthur
Kelton,
totaled
4,
1948
output of
1947.—V.
Chairman of the board and chief executive
on Dec. 8 announced his retirement effective
will continue as a director and member of the
,
Dec.
the
over
Jr.,
yeajrs,
Mr. Davis
committee.
31.
Dec.
Davis,
B.
officer
Electric Co.—Weekly
Power output of the electric properties of this company
board
the
of
stock
Iowa
from
Registrar,
Personnel—
United States Rubber Co.—Changes in
E.
law
.
West Penn
Herbert
dividends.
Preferred
#
required sizes, Mr. Grady said.—V. 168, p. 2331.
and
of
accrued
Fund.
been
Monday, December 13, 1948
Dividends,
been
dends of 20 cents per share made in each of the three
quick hook-up fittings can be made in less time
and at lower cost than is now possible, since all parts are of Just the
Installation
CHRONICLE
declared, payable Dec. 29
This represents the 76th consecutive
cents per share has
40
quarterly distribution
,
,
of
stockholders of record Dec.
to
dend
outlet.
FINANCIAL
&
Wellington Fund, Inc.—Declares 40-Cent Dividend—
product In the accessory line of company's Pacific Steel Boiler
Division Is a set of quick hook-up fittings for use with instantaneous
water heaters installed in Pacific residential boilers, it was announced
Dec. 2 by E. J
Grady, Pacific Sales Manager.
The "packaged" fittings, which include a tempering valve to auto¬
matically proportion hot and cold water, are easily attached to Pacific
boilers to give home owners hot water from 135 degrees to 145 degrees
A new
at
COMMERCIAL
to
prefer:ed stock has
retire
each
year
1,700
sinking:fund, to begin
shares/ being 5% of the
a
of
the
Dec.
within
facturers
television
this
that
6
a
Zenith
new
of
few
■
days
corporation
cathode
ray
of
the
receivers,
has
tubes
introduction
for
In
the
public
on
Corp., manu¬
pictures, by outright
entire capital stock.
'
joint statement. Commander E. F, McDonald, Jr., President of
firm, and E. N. Rauland, President of The Rauland Corp.,
that the business of the Rauland company will continue with its
.
a
Zenith
say
present
personnel
needed
to
Mr.
will
"Plans
,
remain
,
a
such
additional, employees
increased
President
;
picture
and
a
tube
director
as
may
be
production.
of
the
firm
wholly-owned subsidiary of Zenith.
building
-
as
in motion," continued
already
tube
for
substantially
a
will
operate as
are
present
2332.
excepting
handle
Rauland
which
the
to
announcement
Rauland
television
purchase of its
the
the
comes
acquired The
facilities
of
-
—'
the
.
Mr. McDonald-,
Rauland
"to
double
firm."—V.
168,
Volume
Number 4759
168
THE
COMMERCIAL
Stock Record
&
FINANCIAL
♦
Year 1947
tperthare
♦
$ per share
66 Mi May
90
Jan
63% Oct
78% Oct
79%Jan
1
July
87 mi
110
Jun
14
100
2
May 14
6%
Dec
10%
Feb
2% Nov
30
6% Jan
43 Mi
Apr
60
Oct
45% Feb
11
55% Jun
23% May 15
46% Jan 27
18%
May
30 mi May
'
6
May
25 mi
100
16M®
11 '
3
Oct
27% Dec
8
Feb
7 Ms Feb
10
Feb
19 Ms Nov
9
112
Feb
41 Ma
108
Nov
10
22
31 Ma
Dec
Dec
Jan
xl4% Dec
8
Nov
5
4% May 20
21% May 21
80% Jun
2
2% Nov 30
4% May 15
102% Aug
65
May 18
2% May
5%
25 Mi May
56
Jan
44
Feb
37
Feb
10
58 Ma Oct
76%
Nov
67
Nov
26
75
2 7 Mi
Dec
48 Ma
Feb
24 mb NOV
30
34
103 Mb Dec
9
109
90%
Nov
10 mi
Dec
164
Apr
12% Nov
May
202
Dec
Nov
Mar
90
2
7% Dec
X171
8
Mar
3
Allied Mills Co
42 Ms
May 27
98
Jun
3
31 Ma Oct
20
99%
Oct
73
Dec
6
35
Jan
x25
Nov
10
24
Nov
10
50
Dec
83% Feb 20
121
Dec
36
Apr
73
Mar
107
34 Ma May
7
6% May 17
3 Ms Nov
50%
44
Nov
6 Ms Oct
.
Jan
2
May 21
Jan
18% Mar
9
29% July 13
Jan
58 Ma Feb
9
70
May
17%
Feb
50
Feb
9
.
36
May
107%
Dec
110 Mb
~37/a
May
7%
Nov
9% Mar 17
32 Ma Nov
103
Feb
26
Nov
6 Mb
3
Sep 21
3 Mb Nov
10
May 19
14% May 14
43% May 15
111
Jun
3
99
Mar
76 Mb Feb
mi
Sep
163% Oct
18
Jun
14
54%
Feb
28 Ms Nov
29
49 Ms Jun
3
94
May
115mb
Jan
74
Nov
30
100 Ms Jan
21
20 mi May
105% July
47 Ma Oct
19
Sep
28 Mb
18% Mar
5
27
28
110
Aug 23
Dec
4
51
May 18
Feb
15 Mb Nov
6
20 Mb Jun
16
Feb
56
Aug
38
Mb
Feb
18 Ma
Dec
24
Feb
88
Dec
102
Mar
86% Dec
4
48% July
118Mb Oct
33 Mb Feb
10
38% Dec
101 Ma
Dec
25 Ma May
3% May
13
94 Ma Feb
11
May 21
15
22 Ma Jun
94
43
Jun
3
16
Oct
25
107 Mb Jun
3
Jan
25
Feb
26
49% May 21
6%
Feb
5
Jan
2
July
7% May 20
19 Ma Oct 26
46
13
Jun
17 Ma
16
Dec
20 Ma July
2
Dec
6%
Feb
Dec
115 Ma
Jan
86
92% May 14
177
104 Mb Jan
Feb
110
26
6
14 Ms Mar 16
13% Dec
9
1% Sep
20
42 Ma Nov
17
19
Apr
15
4Mb May 15
89 Ma Jan
9
:
90
106 Ma Mar
Apr
9% May
12
May
20% Feb
11
10 Mb
13
Oct
14 Ma
Nov
8 Ma
7 Ms
X178
*18
27 Mb
27 Ms
2 7 Mi
28%
28 Mi
84
84
27%
27Ms
28
74%
73
75
27
27%
27
Ma'
Dec
30%
3%
3%
3%
American
Bank Note
7%
8
8
178 Mb
178 Mb
27 Ma
27%
27 Mi
28
28
1,100
28 3/s
28 "
28%
28
28%
8,400
83 Ma
83%
83%
*83
273/s
27 Ma
27 Mi
27
27 Mi
73 Ma
74
74
74
76
76
26 Ma
27
26%
26 Ma
27
27
3 Ma
3%
3 Ma
Amer
Brake
4%
Co
Shoe
12
'
*3%
20 Ma
61 Ma
12
11 Ma
34 Ms
33 Mb
12
■
33%
*103%
8
46ms
*44
91 Ma
93%
93
38
38
73/4
8
7 Ms
53 Mb
54
53%
54
20%
20 3/b
21
61%
*60 Ma
62%
11%
11 3/b
113/4
33%
-
I per thare
323%
33 ma
18 Mb
Jun
80
Dec
*60 Ma
62 Ma
*11
113/4
113/4
IP/4
600
337/a
x32Ma
33%
6,100
*103 Ma
7%
Dec
104%
*103 Ma
104 Mb
104 Mb
104 Mb
104%
300
8%
8mb
8%
8%
8%
8
8 Mb
33/8
3%
3 Ma
3 Mb
3 Ma
3 Ma
3 Ma
3%
22,000
10,400
preferred
American
Chain
Chicle
American
172-
79 Ma
173
82
80 3/b
1723/4
x25% May
32 Ma July
500
32%
33
32%
32 Ma
8,000
83%
83
84 Ma
83 Ma
84%
83 Ma
83%
83%
83 Ma
84
84
1,000
21%
1,100
21
21
*15 Ma
16 Ma
21%
21 Ma
21 Ma
108 Ma
107 Va
107 Ma
*107 Ms
38 %
38
39%
.,15%
15%
V 16 Ma,
1-
16%
39
16 Ma
2 1Mb
21%
107 Ms
*106 Ma
107
*106 Ma
39 Ma
403/4
39 Ma
40
41 Va
15 Ma
15 Ma
2 1Mb
107 Ma
393/4
15%
15 Ma
15 Ma
16
16
*15 Ma
*85
87 Ms
*85
38
38%
38
97%
96 Ma
97
31
30 Mb
303%
5%
16%
*16Ma
17
*85
873/s
383/fl
*98
38 Ma
100
30%
6 Mb
6
*
87
16 Ma
87
*5%
31
*6
6
*16 Ma
17%
16Mb
16mb
17
17
40c
*14%
15
14%
143/4
14%
14%
Amer &
No par
2
1%
No par
48*%
49%
•48 Ma"
2
l7/s
49 Mb
473/4
32 3%
100 Mb
483/4
Dec
14%
*7
No par
10
*42
American Hawaiian SS Co
American Hide
6%
& Leather
7%
*4
*46
American Home Products
37
37%
4%
American
6%
Ice
Co
6%
No par
com
preferred
non-cum
of
Co
111
*16%
1
7
43
Feb
7%
Dec
6 Ma Dec
Feb
NEW YORK
'
I per share
37
10
11
10 Ma
Amer Machine
3.90%
9
35
*37
7
93 Ma Dec
7
8% Jan
2
American
34 Mb July
8
American
4M2 'io
24
6 Ma
& Metals
Ms
24 Ms
*6%
45%
6% Feb
Feb
80 Ms Nov
30
95% May 14
4Ma
30
86% May 14
$5
17
Feb
12% Feb
13
186
Oct
162 Ma nov
3
Feb
Feb
48% May
142
Dec
42 Ma
70 Ma
Oct
Dec
6% Nov 29
16 Ma Feb
38
July
Dec
32
136 ma
Sep 27
46% Feb
172
40
Mar
31
Dec
158
Jan
125
14
11
Mar 10
139
11% JuA
16% May 21
176
Jan
9
28
Oct
25
46
Apr 12
May 27
68
163 Ma Jun
Mar 19
Nov
10
35 Ma
140
May 18
Jan
26
3 5 Ma Jun
9
Feb
25 Mb Nov
29
28% July
21 Ma Dec
8
27
Jun
29 Mb
Jan
10 Ma Dec
2
24 Ma Jan
34
May
47 Ma
Dec
34% Feb
13
116
May
146%
Feb
149% Jun
62
Apr
135
Dec
4 1Mb May
Xll6%
Oct
7%
Dec
26%
Jan
68 Ma
20
Oct
174%
Feb
82 Ma
Feb
163% July
116 Ma Mar 15
17
Dec
10
147% Mar 17
54 Mb Mar 29
131
Oct
1
Dec
46% Feb
14
120% Aug
8% Dec
115 Ma Nov
60
7
Feb
9
11
50%
Oct
110 Mb
Feb
95
Jun
103 Ma
Feb
76% Mar 16
5% May
62
May
30% May
36 Ma Dec
35
Nov
101% Nov
46%
14 %
Jan
Apr
9% Dec
3%
30
37
May
90
11
2,300
24 Ma
67/s
*5 Ma
63/4
4
6%
.
Amer Power
Si
24Ms
24%
x243/s
2,200
24 Ma
6 Mb
*57/a
5 Ma
10,700
57/a
85
*78
80
*78
80
*78
*12 Ma
13
13
13
xl2Ma
12 Ma
163/4
*16 Ma
163/4
*16 Ma
800
80
*12%
13
16%
16 Ma
18 Ms
*98
16 Ma
16 3/4
18 Ma
x173/4
102 Ms
*96 Mb
163/4
16
1,400
16 Ma
200
17 Ms
17M4
17 Ma
173/4
17 Ma
17 Ms
7,700
*96 Mb
100 Ms
96 Ma
96%
96 Mb
96 Mb
400
18 Ma
101
Monday
M4
Dec. 7
< per thare
12%
13
13 Ma
13 Mb
13
13 Mb
12Mi
75 Ma
75%
75 Ma
75
75
*7
,;
30%
7
7%
*30%
31%
7
30%
93
6%
*32 Ma
13 Ma'
12Ms
12m4
12 Ma
*74 Ma
75 Va
74 Ma
74 Ma
73 Mb
67/a
*6 M4
30Ma
x29 Mi
29 Mi
29 Mi
30 Ma
6%
6%
32 Ma
31%
*92%
93%
93
93
6 S/8
6 Ma
6%
32
323/b
32
7
6 Ma
■
7%
8
7 Ma
7 Mi
7 Ma
7 Mb
83 Ma
83%
83
83 Ma
82 Ma
823/4
82 Ma
83
823/4
73 Ma
73 Ma
73
74
72 Ma
73%
72Mi
73
72%
San'y com—No par
preferred
100
American Safety Razor5
American Seating Co
No par
14%
-
*167 Ma
.
6%
*24
*39%
Ship Building Co_„—No par
& Refg common—No par
preferred
—100
53%
Smelt
146 Ma
-
.
14
14%
*167 Ma
170
6 Ma
7
24 Mb
24%
40
40
53 Ma
54
146%
146%
14%
14 Mb
14
t
170
170
7
6 Ma
24Mb
40
6 Ma
24 Ma
•
24%
39%
54
393/4
53 Ma
147
7
23%
39 Ma
39 Ma
147
147
7
24
24
13 Mi
*170 Vb
171
6 Ma
-
53%
53
146 Mb
14 Mb
14
*168 Ma
170
39%
34
73/4
Ma
82Mi
83
72M4
73 Mb
3,700
>
1,400
10,600
4,700
5,500
25,300
13M4
14
•170 Ma
14 Ma
171
171
140
7
5,800
24
500
6%
7
*23
23 Ma
Mb
39
630
39
533/g
39 Mb
5334
'
53Mi
53%
146 Mb
53 Ma
148
7
8
560
67/i
*6 Ma
73 Ma
80
600
1,400
93 Ma
93
83
12,400
63%
'293/4
34
33%
7 3/b
7%
No par
-No par
■
-
29M4
6 Mi
6%
33
Light com:—No par
8
Sharet
74
x6Mi
*
12 Mi
93%
6 Ma
32 Ms
6%
33
Suits tot
the Week
$ per there
f per thare
7%
*7
31%
Dec. 10
Dec. f)
Dec. 8
f per thare
*74
Friday
Thursday
Wednesday
Tuesday
1
Dec. 6
I per thare
1
7%
7%
1,300
4
49
*12
I per thare
Par
Amer Rad & St
Am
37
3%
*46
*78
100
:
preferred
Amer
3,900
1,500
49
*46
24%
24 Ma
24%
6 Ma
49
7
40
148 Ma
5,500
630
146 Ma. 146 Ma
'
'
21
Oct
27
12 Ms Jan
25% May
23 Mb Jun
18 Ma
24
453/4
Ma
37
37
37/a
4
37/a
*46
49
6
123/b
Dec. 4
No par
$6 preferred
69 Mb Nov
28
900
40
'
Feb
16%
45
63/4
41
85
Saturday
'
No par
Co.
Molasses
Feb
22%
:
;
News Co
129 Ma
9% Aug
II,000
♦78
*
18%
.
,
preferred
117 Ma
15 Mb May
34
Jun
l7/a
*40
373%
24
102%
American Metal Co Ltd com.No par
Dec
Dec
13/4
37
37
4
*47
18%
Fdy Co com—No par
preferred
100
Dec
11% May
1,700
l7/a
6 3/b
37
4
*95 Ma
;
..
•
-
85
170
400
13 Mb
LOW AND HIGH SALE PRICES
STOCK
exchange
76 Mb
16%
18%
45 Mb
7
7
7 Ma
42%
49
1
Amer Mach &
8
2,900
133/4
13/4
42
4
100
common
preferred
21% May 24
94% Jun 10
10
1,800
*17 Mb
17%
43
*47
STOCKS
Range since Jan. 1
Highest
29
100 Ma
53/4
14
42 Ma
49
23 %
1
73/8
7
42%
43
37%
1
50
com
preferred
conv
Lowest
Feb
39 Mb
30
8,800
30 Ma
17%
48 Mb
800
40
53/4
13 Ma
46 Ma
16 Ma
873/8
;
38 3%
30 Ma
17 Mb
2
500
6 ma
14%
2
3,400
16%.
100
32
*6
17 Mb
2
*85
.
50
41%
16%
14 '
,
170
'
—No par
preferred
Locomotive
93
8%
28 mt May
7
Dec
17
38 3/b
30%
6
2 1Mb
873/s
.38%
99%
•
100
X6
Ma
*16 Ma
21%
*85
38%
973/4
30 3%
No par
2
1
21%
38%
31
173%
108 Ma
38
*97
.
39
Ma'
86%
Investment
24 Mb Mar
7,200
33% v
American
May 27
July 9
82
173%
32Mb
American
6 Mb Feb
803/4
1723%
34
.
American European Secur
American Export Lines Inc
preferred
8 IMa
173
33 Ma
1
com
173
343/4
*107 Ms
Co———10
American Crystal Sugar com
10
4 Ma % prior preferred
100
American Cyanamld Co com
10
3%% conv preferred series A.100
American Distilling Co
20
Foreign Power
80 Ma
813/4
1723/4
33%
No par
Encaustic Tiling
79 Ms
173 Ma
33%
*82
Colortype
American
79
173
79%
172
No par
Co.
104
32
Cable.—No par
&
preferred
non-cum
American
-79%
100
No par
100
3
Feb
10
8
24
15%
21
104
Jun
73 Mb Dec
I,200
62 Ma
333/s
.
207/a
3 Ma
19
Jan
5,900
21%
207/s
*60 Ma
8Mb
26% Jun
'
101
62,300
3%
• 5
12 Mb Nov 30
2,200
77/a
543/4
8
13 Ma Jan
Sep
28%
73A
54
3%
12
< per thare
77/e
5,2<>6
8%
85
8 perthare
2,100
94%
38
.
45%
38
♦
j
2,200
3%
3 Ma
*44
104 Ma
12
Highest
26%
26 Ma
3 Ma
45 Ma
3%
American Car & Fdry com
7%
preferred
$7
3%
*44
.
5,000
19,500
-
7%
*78
Year 1947
77
*103 Ms
Range for Previous
Lowest
27 Mi
75 Mi
100
Co
100
9
500
27
.
Inc—1
Broadcasting
American
5%
34 Mb
American International Corp.No par
Jun
84
Radio Corp a
v
1
Can
Co common--—25
preferred-——
conv
7%
12
34%
com— NO par
50
62
*59%.
1
*44
213/4
21%
62
:
700
83 Ma
533/a
22
14
108
1,900
-1,100
18 Ms
28
7 Ms
*59%
13
10
8
179
*18
27 Mi
52 Mb
*21M2
Jan
27
18 Ms
300
84
73/4
10
?
98
27
53 Ma
50
—
■
5,100
104
*95
28%
3 Ma
7%
common
15 Ms Jun
17% Dec
ji
24 Mb
24%
*103
'
1,000
27
50
preferred
American Bosch Corp class A
6%
92
95% Feb
7,300
'
70
27 Ma
51
51
10
Feb
2%
50 Ma
28%
*83 Ma
373/4
38%
7%
51
11
Jan
116
25
103 Mb
98
*18
'
18% May
102
2 Mi
50 Ms
*66
8
19
28%
3,900
4,200
69 Ms
178 Mb
178
19
85
24%
*95
8Mb
178
*18
16
5% Dec
*8 Ma
177
Apr
10% Feb
88
Ma
18
26% May 20
8mb May 21
Jan
8
177
18
2 Ms
69
103 Mb
98
373/4
Apr
Jan
'
103 Ma
*95
37%
July
x34Ms
103 Ma
98
37 Mb
6
22% July
6
May
1037/s
373/b
Dec
5
*8 Ms
2%
14%
2%
*67
50 Ma
*67
25 Mi
177
26 %
preferred——100
37
5
24 Mi
18 Ms
73%
1
common
conv
42%
May 17
25 Ma
*95
27%
No par
$7 2nd preferred A
Jan
2 Mi
70
103 Ms
-
98
t
103
14 Mi
69 Ms
50%
50
2 4 Mi
104
2%
14 Mi
*67
2%
2 Mi
50
*67
69
x37
Airlines
cum
$6
7% Jan
25 Mi
2 Mi
70
Agricultural Chemical_No par
12
53
2%
50 Ma
*67Ma
*101
\
"
93
24
8
2 Mi
50
'/
*66
103
143/s
14 Ma
xl4Mi
'
*100%
.
2 Mi
2Mb
15 Mb
70
91 Ma
14% Jun
25
*95
2%
•
15
*68 Mb
93%
77% Jan
Jun
'.
103
92
16
3% Dec
2 Mi
.
'.
♦100Mi
947/a
16
46
2 Mi
15 Mi
70
103
94
Nov
Oct
*100Mi
94
37
Jun
103
38
Feb
9 Ma
20,700
27 Mb
f
com—1
Co
Corp
Feb
55
20
93
Petroleum
25 Mb
Jan
19%
No par
Amerada
Amer
101mb
5% May
20%
*102 Ms
8
preferred
Dec
49
19 Ms
25 Mb
178
100
Dec
43 Mb
203/s
2%
98
common_No par
7 Mb
37
20
15 Ma
104
28 %
74 Mi
6 % Nov
20 Ma
18 Ms
Amer Cable &
196
20
*44
American
Dec
50,800
20%
47
22
Dec
3,600
21%
*44
24
May
38 Ma
21
50
6% Jun
36
75 Mb
27 Mi
22 Mi
*102%
8
43
27 Mi
25%
*175
6,700
27%
*25%
5
1,000
183/s
21 Ma
par
*83Ma
Leather
convertible
9 Ma Nov
166
*40
5,300
46
'
6%
3%%
31
43
*40
46
22 Mi
2Mb
100
preferred
Amalgamated
American
77 ma
xl8Ma
27 Mb
69
No par
Alpha Portland Cement—
Mar 22
Dec
19 Mi
22 Ms
51 Ma
No par
Mfg
conv
Mar 22
20 Mb May
Nov
3mb%
68
65%
47
45 Ma
18 Ms
27 Ms
2%
—
Inc
Allis-Chalmers
10
Mar
45 Ma
19 Mb
43
2%
22 Mb
*67 Ma
_
16
80
46
19
2,400
78
2Mi
28 Ms
•50M4
1
& Dye—
Co_^
Corp common
preferred
4%
23
11%
Dec
Apr
Kid
52 Ma Jun
Dec
50%
Chemical
10
9
45 Ma
*40
*76
20 Mi
*68
27/s
No par
Allied Stores
91
3
'
Jun
3
81
3
.
27%
69
*95
66
28 Ms
51
gtd__100
♦77
Sheret
there
65 Ms
3
the Week
21%
No par
preferred
conv
Allegheny & West Ry 6%
66%
81
19 Ma
42
•
S per
2%
46
18 7/s
*40
*77
3
2%
46
18 M4
51
'
81
66 Ma
67%
Sales fee
Dec. 16
86 Mb
68Me
*77
45Ms
41 Ma
oo
16
70
2%
81
*67
Allen Industries Inc
May 15
26% Nov 30
Feb
$4.50
«
2%
*15%
*68
68
Friday
Dec. 9
• p er share
19%
.21% >
2%
5
Allegheny Ludlum Steel Corp.No
91
Mar 24
8Mb
10
100
■67 Mi
Thursday
Dec. 8
t per share
19%
103
1
100
preferred A
prior conv preferred-No par
5%%
34% May 20
Feb
81
51
*100%
common
37 Ms
25
Jan
—100
Wednesday
♦
28 Ma
20
preferred
Allegheny Corp common
$2.50
18%
*39
28 %
19%
4Mb%
11
27 Ms Nov
Oct
5 Ma May
Inc
28 %
No par
—
Vicksburg Ry
Gold Mining
Aldens
18 Ma
•*
Dee. 7
T per share
3 Ms
45%
41
20%
Juneau
29
Oct
39mb Mar
105 Ma July
46
&
Alaska
Allied
8
42%
247/8 May
198
Alabama
18Ma
*35
*
3
45%
—1
Inc
Allied
Xl7% Nov
30 Mb May
Jun
96
Apr 23
11% Jun 14
1
:
Reduction
3%
45%
No par
_
Corp
May 17
Feb
36 Mb
.
23
May 13
May 21
May 24'
Co_.
Addressograph-Multigraph Corp__l0
Admiral
Air
21% Jan 30
22 mi
29 Mb May
30
Jan
90
Feb
104
May
18
8
27% May 15
Express
Adams-Mills Corp
-66%
*77
81
3
10
Tuesday
t per-share
66 Mb
"77
_2.50
Steel Co
Adams
66%
No pat
•
Dec .6
t per thare
No par
com
Co
Motors
Monday
t.
.Dec. 4
& Straus
ACF-Brill
2 Ma Nov
99
Abraham
Acme
July 27
22% Dec
'
Abbott Laboratories
1-
Feb
.
LOW AND HIGH SALE PRICES
ftatvrday
;
Par
9
6 Mb
Dec
75
14% Feb
38 Ma Dec
387/a
Dec
Nov
3%
Oct
Jan
10 Ma
-
55
40 Mb
13 y« May
38
STOCKS
EXCHANGE
I per thare
t per thare
Exchange
FOR EVERY LISTED ISSUE
NEW YORK STOCK
luge since Jan. 1
Highest
Lowest
Highest
17
WEEKLY VOLUME OF nUHNNG
TEAHLY RANGE OF SALE
Range for Previous
(2441)
New York Stock
«»
MILT MNCE Of PRICES
Lowest
CHRONICLE
x33% Nov 29
42
Apr
Mar
Jan
5% Dec
51
Nov
21
10
16
30% Feb 11
38 Ma
Dec
30
Feb
10
51
Jan
25 Mb Oct
13
111% Mar
58% July
24% Dec
16
5
6%
Snuff Co
non-cum
American
Steel
American
100
Stores Co
American
26%
*22
No par
11%
No par
American Sugar
20% May 25
*128
Foundries—No par
American Stove Co
41
32%
25
com
preferred-
May 21
131 Ma July 15
158% Jun
68 Ma Jan
10
5
Mar
9
71% July
9
144
120
Jun
10
8% Apr 22
56% July 28
7%
Refg common—100
preferred
:
100
Sumatra
*38
*
119 %
32%
32%
*128
130
27 mb
26 Mb
27%
26 Mi
27 mb-
21 Mb
21M4
21%
213/4
21%
11%
12
12
12
12
12
12
38%
38 Ma
38 Ma
38%
38%
38 Ma
38 Mi
38 J/a
38 Ma
119 a/a
1193%
17 Ma
17l/a
151 Mi
151Mi
*119%
151 Mb
122
*119Mi
*17 Ma
122
18
17%
151 Ma
62 Ma
64 Mb
151 Ma
62 Mb
137%
64%
Am Water
American
Works Co
>-5
Inc
7
61%
*137
64mb
*11734
118
7 Ma
7
38%
38
151%
151 mi
623/4
120
173/4
151 Ma
61%
118
138
64Mb
65 Mb
65
117%
7 Ma
13 7 Ma
63
x62
117 Mb
117%
37 Ma
117 Mb
♦117
7
7 Ma
7 Ma
36%
37 Vb
38 Ms
*80%
87
*80
86
*80
86
*95
97%
*95 Ma
97m'b
*95
97%
151%
136 Mi
62
37%
common—No par
17 Mb
36%
600
323/4
130
26Mi
263/B
21 Mb
26m4
21 Mi
700
1,200
38%
38Mi
*119%
5,300
12
*11 Ma
♦119 Ma. 122
62
137 Ma
7 Ma
7
39
x
100
Woolen
63
62%
63
137%
138
26 Mi
Ma
♦128
21%
11 Ma
100
*117 Mb
*32
323/4
130
22
17%
common
*31%
*128
11Mb
137 Mb
Tobacco
130
22
17%
preferred
*128
27 Ma
25
6%
32Mb
32Mb
323/8
130
22 Ma
100
American Viscose Corp common—14
5% preferred
100
American
32Mb
*128
26%
Tobacco——5
American Tel & Tel Co
32mb
130
1,200
100
122
17
151%
17 Mb
2,000
151
17Mi
Ma' 151%
21,400
61 Mb
137
550
61 Ma
62 Ma
62
I3534
62%
137
63
3,700
117
1173/4
190
117
7 Ma
36 Ma
2,200
36%
*7
7
36%
8,700
9,000
"
'
10% Jan
69 Ma
Apr 22
American
98
6%
39%
Oct
July 28
2
8% Jun 24
67
May 19
18 Ms Feb 11
36% Jun
16
8
Mar 17
Nov
2
16
Zinc Lead & Smelt
$5 prior conv
No par
14
Apr 20
6% May 26
34% Jun
3
No par
20
5
5 Mb
53/4
52 Mb
52 Mb
*52%
53
53
53
33M4
34
33 Ma
333/4
33%
33 Mi
13,700
34 Mb
35
32Mi
32Mb
32Mb
32 Ma
33 Mb
2,350
26
26 Mb
*102
103%
♦102
,53%
*52
24 Ma
No par
5%
26
24
.
10 Ma
*4%
28
24 Ma.! ; 25
10 Ma
*101-8
4%
28
4mb,,
...
96 Ma
34 Ma
103
*52
83
•95
53%
35 ya
53 V2
♦80
96%
53i
34Mi
26
85
♦95
33%
35
*52
*80%
97 Ma
*52 Mb
35
..
87
*95
6
34%
*101%
*80%
..
55
34
10
h
6
*52%
34 Ms
21%
& Co
Anderson-Prichard Oil Corp
Andes Copper Mining
Products Co Inc
57/s
55
34
No par
Anderson, Clayton
A P W
5%
*52 %
com—12.50
$4 preferred
Archer-Daniels-Midland
1
25
50
com
preferred
Anchor Hock Glass Corp
5
11
4% Mar
Amer
38 Ma Jan
107
14
24
preferred
Anaconda Copper Mining
Anaconda Wire & Cable
60% Jun
9
7%
$4 conv prior preference
41% May 27
45 mb Jun
2
Jun
Feb
Apr
Jun
112 Ma
3
46 Mb Mar
Jan
Jun
Sep
104
♦
26%
.
':
11%,
4%,^
28Ma/ 28%.
r
24%
:
M
534
x31%
26 Mb
103
vV.
10%
.4mb; *. 4%
29
>
52-2
24
.
^
25'/a
-
10 Mi
10%
* 28 Vb
-
4%
29%
103
-
•102% 103
23%
*10Ma
23 Mi
*4Mi
28%;
4 Ma
10%
*4mb
28
60
100
9,700
600
10%
*
.
2,900
.7
23Mi
23 Ma
11mb
283/4
80
53 Ma
*52
53 Ma
2,600
26
25 Ma
26%
103
*52 Ms
52%
**vb
■
,
103
23%
24%
' 10%
,1,29,-*;
26 %
26 Mb
♦101Mi
.
53%
5Mb
5 Mi
53/4
-
4%
28 Ma
,
300*
1,200
For footnotes see
page 28.
sdli
18
THE
(2442)
COMMERCIAL
NEW
NEW
Bange since Jan. 1
Highest
Year 1947
9 per share
$ per
S
share
37%
Feb
23% Nov 29
32% Oct
Feb
90
Feb
17
101% Jun
9% May
15%
Oct
7% Nov
30
130%
Jan
x73 % Dec
8
38
Dec
% Jun
55
41% Feb
Jan
110
Feb
14
Dec
19
Sep
Jan
9
13% Dec
9
Jan
17%
14
10 %
May
13%
Dec
20%
Feb
CHRONICLE.
RECORD
Dec
132%
Feb
98 % Dec
99
Dec
134
Feb
25
Dec
34
Sep
26
Saturday
87% Dec
3
106
Jan
5
35
July
Jun
9
24
25 %
25
25%
25%
25%
903/4
9^3\
9034
9034
91
90%
90%
90%
91
73%
7%
73/4
7%
7%
7%
7%
7%
75% -75%
753/4
75%
X73%
73%
74»%
No par
No par
*95%
-108 Vz
Carpet Co
No par
Associates
"46 %
5
Inc
Associated Dry Goods
6% 1st preferred
7% 2nd preferred
11
25%
No par
Artloom
May 10
243/4
com
9
May 27
111
25%
90%
76
17% Aug
19
1
47 Vb
*14
15
13%
13%
13%
99%
I per share
74
483/4
*109 %
15
*14
15
11
120% Sep
3
107% Jun
3
13% Nov 29
19% Jun
24
84
Feb
Feb
96
Mar
10% May
18%
Feb
40% May
59
Feb
45
23 Va
34%
66
May
99
Jan
Dec
112
Jun
Feb
24
.25% Jan
Feb
77
Mar
Sep
30
Feb
21
Sep
102
Feb
9
Feb
9
21% May
Aug
26'/a Ju]y
91
57
73
Apr
Nov
113%
91
Dec
66
105
Apr
111%
Dec
121
27%
12%
99
Sep
20
Oct
Feb
13
Dec
18%
89
Dec
29%
Dec
27%
Jan
4% May
36 y«
Dec
90
90
30%
Jan
9
24% Jan
20
49
4%
conv
Tack
Austin
133/4
13%
*12%
13%
12%
12%
*123%
13 y4
700
133/s
13 y«
13'/a
13
13%
13
131/4
6,900
99%
99 3/4
99%
99%
99%
99%
993,4
91
91 »/2
92
92
921/4
92%
92%
30 34
30
30 «/2
30%
31'A
30/4
30 %
102%
103%
102%
103
101%
101%
1013/4
1013/4
*14%
1434
1,000
19
Jan
8
Feb
4% Feb
26
7% Oct
26
35% Jan
22
Jun
2
46
Mfg
$2.25
47%
47%
47
47%
46%
47
47
47
1,100
45%
43
44%
43%
43 ('2
44%
47
47'A
50%
5,400
71
373/4
*67
38%
106
72
*106
*68 %
39%
-33'/a
106%
373/8
106%
105 %
94 %
94%
95
94%
04 %
*20%
20%
20%
21%
20
21
54
53%
55%
54%
55
'53 %
*-101%
103
Co
102
102
*20
21
*5%
*13%
No par
"101%
7%
12%
3
preferred-
.
♦42%
No par
44%
5
'42%
820
941/2
95
951/2
94
20 y8
20'A,
20
20
531/4
53%
53%
53%
101%
*102
21
14%
6%
12
51/4
12%
7
7%
7
7%
42%
1,320
90
102
21
*20
5>/4
12%
*13%
43
43%
7
1,300
7'/4
40,300
43%
43
43%
1,400
12%
2,800
7
71/8
1,800
14
7
12%
121/4
7
5'/4
*5
*13% .14
6 3/4
7
7
12%
240
7,100
.
'
51/4
*13 %
101%
103
*20
21
7%
43
13,300
1061%
37%
107
201%
*51/8
14%
42%
110
38%
106
38%
33
*106%
54
*20
(
7%
43%
1,100
79
75
73
*70
*12
7%
8,400
95%
*13%
7%
12
7
f 4
101%
21
5
14
7%
12
7
•
*20
53/a
*13%
7%
*11%
common
21
5
14
5c
:
103
*20
5%
Amer_—5
.<,
of
72
39
103%
20%'
*53%
—100
($1.20)
Corp (The)
conv
14%
15
'
*93 %
•
No par
—*•—!
—
15V4
49
71
38%
No par
common-
Canteen
3031/2
101%
*14%
5
preferred—.
Co
101 %
101%
15%
par
Corp—r—
Automatic
Avco
100
B
___
prior pfd
Autocar
10
19% Jan
series
1023/s
101%
45
75
3,40 )
15%
45%
106
230
300
,
101%
473%
38%
100
101%
48
106
590
14%'
102%
15%
*68
25
A..100
common
Nichols
Conv
,16'% May 21
9
30
10
series
5J
,
102
«
15%
*44
*
—100
common,.,
$3.75
1
common
102
>101%
15%
*47
No par
preferred
—
Powder
Atlas
9% May 21
NOV
6% Nov
Xll
88 Lines
preferred
Atlas Corp
»
RR
102%
102
15%
110
*90%
30%
31
100%
1,600
96
109%
13
90%
30%
102
—__10
Line
non-cum
conv
Atlas
114
19
I
Preferred
16
Feb
7%
5%
64% Apr
27*
12% Nov
Jan
15%
Coast
G & W
4%
8
com__100
48%
48%
*95%
98 34
133/4
100
30%
preferred—,.—100
Inc——
Atlantic Refining
May 22
Jun
& Santa Fe
non-cum
F
25% May 21
27
4% Nov
Feb
17%
99
48% Aug 27
Jan
5% May
10
Dec
Atl
50% July 12
114
Xl9% Nov 26
July
July
22% Mar
.
T
Atlantic
10
79
10
Dec
Jan
31%
Topeka
5%
A
July 14
50% Dec
6
40
62
105
-
62
Atch
2
1.600
*13%
f
x98
190
74%
74
49
133/4
13%
10,100
21,200
96
*109
Shares
7%
110
-*9534
110
9 per share
share
48%
*953,4" -96
109%
*14
9 per
7%
48%
-
96
103%
'
13%
I3V4
99%
"48
96
14%
13
10
47%
98
109%
13%
100
S per share
47 %
96
109%
99
100
Investment Co
47%
96
109%
♦14
common—1
,
the Week
25%
75%
2
Sales for
90%
prior preferred—No par
preferred conv—
Arnold Constable Corp
Dec. 9
25%
8
$4
Friday
Dec. 10
Thursday
Dec. 8
90 %
7%
Armstrong Cork Co
$3.75 preferred
PRICES
Wednesday
Dec. 7
$ per share
5
com
Tuesday
.
25
0
100
Illinois
Dec. 6
f pef share
10
com
of
Monday
l)ec. 4
preferred
Co
Monday, December 13, 1948
LOW AND HIGH SALE
STOCK
18% Jun
12% Mar 16
99
&
$6 conv
115% July 12
12% Mar 12
Feb
9
Corp
conv
Armour
11
99 % Jun
29.
Nov
Jan
56% Jun
10
88
103
91%
4%%
15 % May 19
106
Steel
Armco
25
103
STOCK
Par
23
109 %
99
YORK
perthare
May
24% May
YORK
EXCHANGE
Lowest
Highest
9perthare
FINANCIAL
STOCKS
Range for Previous
Lowest
&
B
13
Dec
16
13"%
Dec
7% May
11'/a May
-9% May
60
May
13% Feb
11
16% Jun
3
Babbitt
24%
Feb
11% Dec
10
17% Jun
3
Baldwin
16%
Feb
10
18
Feb
15% Feb
11
16%
Feb
13 % Feb
10
31% Jun
22
Bangor
Feb
60
Feb
11
80% May 12
Conv
Jan
40% Nov 30
59
28% July
20% Nov
30
28% Jun
54 %
36% Nov
29
45
Jun
55%
May
45%
20%
Dec
Baltimore
25%
Dec
Jan
Brothers
4%%
Feb
11
Feb
9
Nov
10
44% May 7
16% Mar 31
xl7
1 Nov
26
23% Jan
35%
Dec
62
Jan
31
Feb
13
43% May 15
83%
Dec
Jan
80% Sep
17
90
Dec
Dec
5% May
20% Aug
16% Mar 1.0
Feb
108%
12
Jan
29
Dec
40
Feb
30 %
Jun
69
39% Mar
Dec
100
2
15% Apr
16
11
34% Apr
8
5
10% May
16% May
18%
Jan
Jan
15% Nov 30
28
May
17%
106% Aug
39%
92
Feb
26
16
Dec
19% Mar 22
Feb
11
Bell
Aircraft
24% Jan
2
Bell
&
103% Jun
9
15
38% Jun
77%
Dec
25%
Nov
10% Nov 30
21% Jan
2
Bendix
28%
Jan
21
Nov
3
26% July
9
Beneficial
103%
Feb
68
Dec
1
87% Mar 10
89
Sep
21 % May
Dec
10
102% July 23
24%
Dec
35%
Jan
23% Feb
14
19%
Apr
32%
Oct
25
Feb
17
30% Feb
27
133%
Dec
150
Jan
125
Dec
18%
Jan
9
.
39% Oct
Nov
Best
22
8
114% Jan
Foods
7%
9 perthare
25
May *
12% May
Bange since Jan. 1
Lowest
Highest
9 per share
36
com—1
May
28% May
14 Ys May
29% Nov
89
Dec
46%
Dec
25
May
38% May
37% May
88 %
Dec
3% May
32
May
$ per share
.
*
;
9 per share
-
.
(E W)
13
Dec
9
Bliss
11
32% Mar 15
Feb
29% Apr
24
Jan
Jan
61
Nov
Nov
31% Nov
10
23
96
87% Nov 30
Feb
Dec
6% NOV
10
Dec
10
71
4
X27% Mar 17
Feb
8% Dec
15
120
8
75
37% NOV
31
Nov
40
Jun
15
90% Jun
21
38%
May
Dec
104%
May
24
78% Aug 11
13% Nov 23
Feb
22%
80
80
84
7%
Budd
July 12
Feb
29% Feb
Feb
24% Jun
14
16% Mar 16
Burlington
Bulova
3
Feb
81
Mar 31
97
Jun
18
76
Dec
3
100
Jun
3
Jun
95Ya
Jan
77
Apr
13
88
Jan
16%
Jan
12% Feb
13
17% Jun
3
6
May
10
72
Jun
88
Dec
•
'7V8 Nov 10
Jan
79
11
Dec
24%
Feb
79.
Dec.
108%
Jan
3
Dec
6
Feb
13% May
94% May
104
19
May
2-»% Apr
51%
1%
Dec
22%
27%
34%
X55
Dec
8% May
21% May
12% May
3%
8% Dec
76
10
Sep 27
2% Mar 17
Oct
16
Mar 17
Jan
98% Jan
15
Oct
23% Feb
11
15% Jun
2
89
9
Jan
4% May 18
27% July 14
105
July
35% Jun
40% Jun
9
16
54% Sep
Jan
5
1% Mar 12
5% Dec
3
15
15
May 17
8% May 21
22% Nov 27
Feb
2
31% May 7
15% May 21
119
Jun
2
;9
Nov
29
132
Feb
101% Nov
4
Dec
.48%
Feb
38% Feb
11
Dec
25%
Feb
14% Mar 16
8% May
15%
Feb
10
47% Dec
see
17
27% Mar 17
Dec
For footnotes
1
Sep
52
Feb
38
•3% Nov
10% July
108
Dec
110
18
*
Jan
8% Feb
34% Oct
17%
Mar 16
38
page 28.
Mar
Mar
4
l
44
Par
May 14
X19% May 26
■
'
Co—*.
90
90
261/2
26%
20%
253/4
263/8
255/8
25%
29%
273%
28%
27%
91/8
9%
9%
Monday
4
I per share'
". 29%
par
Thursday
.
Dec. 8
Dec. 9
S per share
Sales
Friday
Dec. 10
•
for
the Week
I perthare
9 per share
Shares
293%
13%
13%-:
133/4
13 7%
13 5/8
14
2,800
103/8
10%
10%
10%*
10 3/8
10%
2,900
133/4
'
*13»/«
13'A
13%
133/s
13'%
*29
13
13%
*29
293/4'
29%
133/4
133%
800
13%
1,500
41
41
41
*39%
42'/4
*39%
41
120
21 %
20 3/4
211/4
20%
211/4
20%
21%
21%
213/4
211/4
22
25
7,900
24%
25
24%
24%
24'%
243/4
24%
24'%
24%
24%
3,000
61%
61 '/a
61%
61
61%
33i/4
*33i/8
*33
33%
*41
*40
43
43
61%
611/4
611/4
*61%
61%
33%
18%
33%
33%
:,33'/4
33%
33%
33 Vb
18
18'/4
173/4
18
17
17 >/2
163/4
17 '/a
163/4
17
383%
39%
38%
39%
393%
40
39%
39i%
39%
40%
4,700
56%
57%
.
2%
343%
7%
,32
*90
34%
7%
*3oy4
.
313/4
8
30%
2
35
7y8
8%
*26%
56%
90
>21/4
21/s
35
-
*61
7%
31'A
,
8 1/4
30%
8
30%
30%
56'/2
93
♦90
.2%
58
35
X33
7%
31
X291%
27
26%
27
27'/4
27%
.273%
'28
28
28'%
28%
27%
28%
27%
28%
28 »/2
28 3/4
28%
95
95
96
96
97
97
*951%
28'%
98%
19%
19%
*19
.
19%
'8%
8%
18%
19%
9
193%
9
19%
8%
9
31%
*29'/4
29%
*92
95
*91
94
20%
*20
20%
15%
16
*121.
15%
122'
8%
*121
8%
37%
31
85
14
38
18
7%
38
18
3%
3%
3 %
20%
20%
*99
26
993/4
*99
26
*34%
35%
*51 %
53
25%
♦351/4
'
1
13/4
5%
23%
'
1%
:
'
52
1%
X9%
X102%
*15%
17%
*161%
13%
133/4
13%
46
45%
40
12,300
*66'%
430
8%
66%
11,400
.
550
600
13%
13%
*133/4
14
600
37%
37
371/8
*36%
173/4
13%
8
101'
..."
8 3%
79%
3%
*
21
36%
1,700
17%
173/a
17%
17
173/8
15,300
*86
87
86
86
861
86
76
76
•72
76%
*68
76
*80
18%
83
*80
83
*80
83
17%
87
77 '
83
13%
13%
8%
8%
101
•99
8%
8%
3%
79%
10
102'/s
5%
9%
102 y2
8%
79%
101
100
8%
-
8%
78
80
120
100
8%
6,000
,
420
79
3%
3y«
3%
3y8
207/a
20%
21%
35%
23
1
2,700
20%
34%
1%
,
10,300
8%
31/4
9>) J/4
*52%
*99
8%
80
llH)
-
253/4
100
100
10
14%
8%
8%
20%
*25%
1%
101
'■
31/4
25%
35%
8 3/8
.1
60
400
,
13s%
14
135/a
8%
36%
37
20%
21
99%
52
14
'
80;.
25%
5%
10
66%
15%
124
x8%
13%
*99%
23%
41
66%
,
13%
25%
5%
106
66%
♦122%
133/4
993/4
231%
9%
8%
16
373/8
3%
20%
5%
*40
45%
91%
23%
*103%
*31
122%
83%
700
*86
81"
,
31
15%
122 »/a
8%
100
400
32%
,
101 *
8%
-80
661/4
20
87
81/4
*100%
66%
94
153/4
161%
122%
i
32
*91
*31%
14
,
83/e ;
3,200
*19
-
193/4
5,600
9
*85%
-•
181/8
13%
.
Xl5%
*122
8%
95
'
193/4
19
*313/4
32
*91
70
•
83/4
31%
77
9
16%
122
*31%
-
1* 19
86
*80
81%
20
1,200
4,400
98%
31%
;
8
94
20
28
28%
86
-
7%
32
*91
20%
275/8
28%
*95%
31%
83
133/4
*311/2
94
3,900
853%
77
99
313/4
29%
84%
83
.
9
■■
8,100
133/4
87
,.
.19%
8%
&
8
85%
77
9
*79%
,
31
83
'
19
9
•
■'
6,700
"•
*84%
.
14%
,
♦86
66'%
76
•
99
California Packing common—No par
5%
preferred
50
83/8
86
87
13%
15
16
122
83/4
31
14%
173/4
161/4
66%
38
*86
20%
.
•
66%
-
31%
*91
122
-
8%
66%
*14%
5
—.,.100
9
-
*19%
..a—.—'__1
29%
29%
> 800
7%
32
7%
8
95
*30%
.
♦30
-
*27 %
;
*2,200
34%
7%
32 /
29%
30
13,300
/,
100
2%
*33
7%
8
8'/8
58'%
93%
1 2 %
.
33
.
*30
31.'
8
'
180
57%
2
73/e
210
11,200
*90%
93i%
33
73%
*30
8%
2
33
7%
31 %•
*90
2%
'
58 »/4
573/4
93%
-
2
•
*93%
par
No par
PRICES
Wednesday
28%
30%
par
Bldg 7% preferred—100
Mills
l,OU0
10%
8
25
3,300
9%
13%
No par
—
27
9%
-
293/e
*30
commonl—l
:
9'%
700
27
27%
9%
10%
87
Pacific Ry
27%
13%
15
preferred.
No par
Ry Co—..—100
Canadian Breweries Ltd:
1—No par
4,800
21,000
29 %
par
conv
*
34
11
7
Southern
293/4
137
14
*34
Calumet & Hecla Cons
Copper:
5
Campbell W & C Fdy
—.Nopar
Can Dry Ginger Ale com
1.66%
33%
*135
137
29%
32
...
29%
2,000
18%
—.100
Zinc-Lead
;
r
30'/a
33%
33%
900
500
■'
*33
100
—
25%
10%
*86
—
25%
13%
*31%
common
89
11
1
Corp
1,400
89
*61
'
5
-
3,200
70
13%
66%
Inc..
11%
22%
70
;
29
*24%
1
.a
11
22%
x.
20%
15
pfd
9,600
251%
137
91/4
HIGH SALE
9 per share
20
34
89 '/a
291/a
-
33%
27%
Dec. 7
113/8
70
25%
137
91%
Tuesday
..
Dec. 6
1,400
1,400
92
33%
22'%
*87
•
263%
:
11
22 3/8
*68'/a
30%
331/a
137
273/4
91/8
11%
15%
*91
41
No par-
...
30 Vb
33%
137%
9%
a..—ui—No par
2nd
31
333/s
137
28%
*131/8
a—.1_100
—
Co
293/4
v-
;
10%-
a—No par
3.60%
34%
90
137
11%
15%
-
'
X33%
89%
5
a.
V
89%
20 %
Cannon
7
34%
34%
30
13%
Copper & Zinc.
a...
5
Co (A M) common
No'par
participating .preferred—.100
Byron Jackson Co
I
No'par
47% Dec
333/4
14%
8,900
.
29
7%
Canadian
92
\
15
'
i6
92
14%
'
12
15%
89'%
9 per share
—,—.1100
preferred
19 y8 May 14
*11%
15%
94
90
Byers
$4.25
IP/4
15%
94
11 '/8
Butte
Canada
11%'
16
68
2.50
common.-
Bush Terminal
Callahan
11%
96
156/s
*94
22%,
76
Bros
300
68
*81
4%%
15%
ll'/a
preferred.—100
Butler
*15%
223/4
3%% preferred _a..—_a...
100
Burroughs Adding Machine—No par
Bush Term
16
68
56
common—No par
Mills
conv
*151/2
:
22%
90
preferred
3%%
6
12% May
4%
16%
.113/4
90
—
Watch
16
11'/«
56%
common
preferred
Buffalo Forge Co
Buff Niag El Corp
Co
300
16%
68
2%
—
$5
Bullard
33%
22 %
55%
a.—
Inc
preferred
preferred
(The) Co
31%
33%
*9'/a
common——2.50
Bigelow
21% May 15
43% Jun
1
Mar
100
Co
Bucyrus-Erie Co
2
11% May 15
31%
341/2
*28%
"
124% July
Mar 30
Apr
14
20
323/4
*33'/a
13%
11%
*88»/4
Brunswick-Balke-Coliender —No
24% May 17
9
Sep 28>
Feb
65
23%
May
Nov
$3.60
13%
*31 y2
33¥4 -
68
100
preferred _l.—
Brooklyn Union Gas..,
Co
13%
323/4 '
11%
,
343%
240
12%
22
28
2,800
333/4
11%
335%
20
73
*311%
68
137
60
20
♦71
'
22
34%
1,000
12%
11%
28%
600
32%
83 5/8
34%
70
137%
'
323/4
345%
„
v
17'/4
x32%
X83%
'
74
*72
22
%'"
(assented)_100
.
'
1,500
*16
V
153/4
97
34%
39%
3%%
5
Feb
102%
34%
i
115%
155/B
*94
38%
Bearing
Bristol-Myers
.
99
Aug 11
23% Nov
1
13
Dec
9
Shoe
14
Dec
115/8
12
20%
74
*16%
255,400
11%
*33%
'•
5
Brewing Corp of America
Bridgeport Brass Co
No
Brlggs Manufacturing
a—No
Brlggs & Stratton.i.—
No
15
&
17% Feb
14% May
par
par
15,
Airways Inc.;
Brown
90% Feb
Nov
Braniff
10
Brown
Feb
2i'!% May
16
33%
1
a—
preferred
Roller
12% July 26
Apr
86%
*15%
15%
*27%
.—No par
a.
Inc
(The)——
33% Aug
27%
14% Feb
Bower
34% May 18'
37% Jun
2
1
106%
20%
3%%
Co
26
Dec
Dec
26
Feb
Dec
€9
80
27
l
—
Boston & Maine RR
25
1Q1% Apr 27
23 % Sep 17
15% Mar 10
% Jan
Feb
11% May
36% Jun
13
92% Oct
Jun
10% May 18
3
7% Dec
42
B
Stores
Borden
May 24
5% May 15
8
31
Class
96
1% Aug 26
x33
25% Nov
125
-
-97%
20'/4
72
12%
35
*94
20%
71
~
260
44%
*32
32 3/4
*34
16%
*136
—No par
Sep
Jan
Jan
;
102
Apr
May
A
Borg-Warner Corp common—,!
30
9
fclass
66% July 13
Nov
13% May
13
12%
*32
25%
_5
11
25
120
19
Co
Brass—
42% Feb
Feb
-
Jan
Ami
&
Oct
31%
20%
12
Aluminum
55
23% May
96
13%
20%
69
..
72
11%
5
Bond
36
20'%
20 5%
,
17
17
21%
2.50
51
Feb
25% Jun
20%
34
Nb par
27% May 15
44% Jun
9
28%
841/2
17
39
43%
*11
33%
84 y2
32%
12
1
—
9
63
33%
84%
35
-
*15%
.
No par
3
109%
*12%
*15%
—_No par
30
40%
Dec
.
common,
16% Dec
May
15%
Bon
Jan
new
37% Nov
Feb
Dec
Bohn
_
—
Co
Laughlin Inc.
Bloomingdale : Brothers
Boeing Airplane Co—.
16
37% May 18
26
Co
Feb
18%
99
.
49% Jan
Dec
30% Nov
Blaw-Knox
2
19% Nov
41% July
24 % Oct
Jan
30
Feb
17% May 15
44% July 8!
13% Feb
9%
,
&
Dec
96
-333/4
84 %
LOW AND
Bliss
Dec
33%
84%
Saturday
Bl^ck & Decker Mfg Co
Dec
33%
84%
69
uec.
14% Sep
7
17
•*323/4
203/b
*34
STOCK
56% July 15
19%. May 18
81
171/8
323/4
84
17%
73
EXCHANGE
11
Feb
17 VB
32%
84
,
20%
*32'
100
24
6%
.
com..No par
Feb
39%
173/e
32%
73
1
Nov
35%
17%
*37
85
20%
.-l
—
28
67
17%
32 %
*84
*89
xl3
116
39
11'A
10
i—
,
451/8
11%
l948_No par
Jan
59
39
443/a
113/8
ser of
x20% Feb
18%
39
45
11'/a
*68
10
14
39
1946.No par
NEW YORK
Highest
•
800
45
STOCKS
Year 1947
700
20%
:
48%
20%
201/a
113/a
of
preferred
Range for Previous
Lowest
483/4
203/B
*47'/2
21
45 Vb
10
Bigelow-Sanford Carpet——.No
Birmingham Electric Co
No
14
90
*47%
48%;
39
—5
(Del)
3,003
69%
11
1
.
Loan
Steel
7,000
20%
69'/2
39
I—,—100
__
22
195/8
70
45
10
common.,
ser
21 y2
195/8
45%
Appliances.*——33 %c
Indus
.21%
19%
11 %
J
pfd $3.25
Bethlehem
139% July 14
37% May 15
24
Home
48%
*20%
21%
691/2
39%
—1
—
Cum pfd $4 div
Best & Co
30% May 24
37% May 27
Mar 16
26% Dec
13%
Cum
4834
203/4
20 3/4
9,300
18,800
193/8
43%
50
—:
preferred
Bendix Aviation
9
Z
Co
*47
900
11%
11
70
191/4
*68
111/8
I
1—i
Corp.—
Howell
4% %
49
20%
21%
13%
115/8
-
43
25
Co——
Belding-Heminway
49
205/g
13%
-
10%
12
11
11%
pfd——100
—
Packing
50
20%
39%
21%
.
19%
70
14%
10%
11%
—2.50
—
Beech Aircraft Corp—,
Creek RR
Beech-Nut
21%
19 '/a
70
*13s/8
xll%.
42%
,——100
4%%
Beech
37% July 23
20% May 21
10% Nov 30
24%
14% Feb
(AS)
11
193/4
48
39%
125/B
10%
;
14%
123/8
21%
22%
xl35/8
125/s
70 5%
19%
*68
20%
*38
-No par
conv
Shoe
21%
19%
70%
143/4
11%
5
common—
Beck
14%
11
:
.
__1
—
9
19%
10
COrp
Co
22%
22%
*68
50
Inc—
Foods
113/8,
123/g
12%
11'/a
10
:
—
Co
Cigars
3%%
12%
*11%
100
(Delaware).
8
Jan
Feb
Oct
Dec
Bayuk
12%
11%
100
—
common
Works
14%
14%
12%
common—50
pid
Beaunit Mills, Inc__
8% Jan
18%
Oil
Iron
Beatrice
8
32% Feb
30
12% May
95
Jan
22% May
6
Barnsdall
Bath
2
Corp
preferred
14%
*14
13
100
preferred——
Barker
Nov
17%
Aroostook
5%
15
19%
110%
&
1
Works——
common
preferred
non-cum
14
24%
31
Inc.—
Ohio
Oil
Dec
96%
Dec
&
Barber
Jun
Apr
39%
4%
May 14
18
8%
T)
Locomotive
16% July 13
29% July 14
69
Jan
42%
Mar 16
(B
98%
'
100
*25%
25%
25%
25%
1,100
1,400
-
.
170
1,000
343%
34%
*343/4
35%
34%
343/4
*521/4
531/2
*52%
53%"
523/4
523/4
30
1%
13/4
1%
1%
1%
13/4
1%
2,700
5%
5%
5%
*51/4
53%
1-5%
5%
3,200
231/4
*23%
53
23
•23 '/a
9%
103
>
91/2
9%
104
104
9%
23»/4
9%
104
104
39
39
-
23%
9%
900
23 y8
400
9%
13,700
104
104
39
39
230
40
*39
41
•39
40
17
*16%
17%
*16i/4
16%
13s/4
*15%
16%
•15%
16%
13%
13%
13%
13%
13%
47
13%
13%
13'%
47%
4734
29,100
463/4
47
*42%
43%
1,200
*43
44:
•
150
"Volume
168
Number 47591
THE
COMMERCIAL
NEW
.Range for Previous
11
50
May
Dec
5%
102
,
14%
6
13
18
Feb
48% Apr
3% Sep
21
Jan
100% Feb
18
Jan
26% Dec
Feb
31% Dec
12 Va Dec
10"
Oct
30
30
45
7%
Dec
158
%
10
Nov
6 V*
Feb
Dec
Mar
Jan
130
32
10
Feo
5
Capital Admin
Carolina
July 28
Carrier
Feb
X50
Nov
10
Case
28%
Dec
22
Feb
13
39% Jun
Dec
108 %
Jan
97
Feb
10
105
July
130
Dec
156
Apr
123
Feb
11
140
32%
Feb
22% Feb
28
2
34% Jun
4%
Co
5
2nd
Celotex
Feb
18% Oct
xl77/a
Dec
22 Va
Feb
16% Jun
21
7
Central
7% May
14%
Jan
6% Feb
28
11% Sep
1
Central
Aguirre Sugar
Foundry Co
5% Nov
12
12% Jun
30
Central
of
22% Nov
7%
Dec
100 %
Dec
77 %
10%
116
Jan
.7
10
38% July
8% Mar
22
100% Nov
Feb
Nov
'8
108
Oct
8
preferred
5%
6
83
Ga
Co
preferred
Central
Hudson
8
Central
111
G & E
12%
Jan
7% Jan.
6
May 27
39% Nov
1
16%
Oct
10% Nov
3
15
May 21
Central
11-
Jun
29
Century Ribbon Mills
28% Apr
1
9(4
Dec
22 Va
Nov
14%
20% May
7% Dec
8
20% Nov
29
12 Va Nov
30
30
19 (4 May
100%
Feb
35% Mar
21%
lls/a May
Jan
Oct
20
24% Feb
28
Jan
14
17% Feb
18
26% Jun
11
Jan
90
Feb
16
100% Jan
6
33
Dec
110%
10% May
20 Va
Feb
Jan
30%
Oct
40%
Dec
54%
Jan
x31% Dec
3
81%
Dec
10
90
Apr
102% July
7% Feb
76% Nov
3%
11
Dec
3
25% Mar 16
4
Feb
15 % Jun
$4.50
45 % Jan
12%
Jan
7% Feb
11
6 '/2 May
12%
Dec
9
Nov
30
4"(4 May
8%
Feb
6
Jan
24
15%
Feb
12
Jan
2
10 %
Jan
7 % Jan
2
22% July 14
15% July 13
2%
Dec
4% Mar 16
6% Feb
/
6% May
14%
Feb
7% Mar 16
9% Jun
Nov
54%
Feb
35
Feb
11
20-%
Jan
34%
Dec
26% Nov
10
40
27%
51% May
Feb
Feb
56
30
Apr
15
14% Mar
July
9
49% Mar 20
25% Feb
45% Jan
10%
Dec
15%
18
Jun
42% Sep
22
72% Oct
Feb
10
Feb
14 % 'Feb
15%
Jan
4%
Nov
7% Mar
Dec
42% Mar
21
July 22
11
2% Nov
3
44% Oct
32
31
1
Feb
18
56-%
Sep
66%
Oct
50% Nov
30
23
Nov
29%
Jan
23 Va Feb
4
96
Dec
-111
21 %
Feb
28'
90
Nov
9
19% Nov
Feb
18
May
37% May
4b
%
Jan
36% Jan
27 % May
34%
Nov
26% Dec
8
May
78'
11%
Dec
94
12% May
23
85
Jun
Feb
34%
95
17.6
34%
Chile
Jun
10
Chrysler Corp
29% Jun
Cincinnati
17
101% May 26
27
4$>
May 17 *
Jan
2
City Investing Co common.,.;
5 Va %
preferred—L—
n
18
29
38% Aug
176
tv.
Oct
i
C
20
Jun
Feb
105% Jan
6
111% Jun
7
35% July
22% Nov
30
34% Apr
108% Jun
9
Clev.e
25
S'/i
Nov
71
Dec
101
Jan
42%
Dec
57
Feb
14%
Dec
34% Feb 10
109
Mar
105
Oct
15
69% Nov
40
Sep
9
78% May 20
23
*
preierred
Cleve
Pitts
&
RR
Co, 7%
34
Dec
Dec
1
23% Nov
9
35% Jan
5
1(3%
5
Clopay
48% Mar
29 Va Dec
Feb
91%
137
Dec
Feb
78% Sep
10
10
30
Jan
Special gtd 4%
•
36"% May 17
147
July 13
92 % May 20
stock
Climax Molybdenum
Corp
Cluett
•
141
191%
Nov
Jun
65%
May
1155
May
56
87
Dec
May."
Jan
105 % July
Lowest
xl37% Nov
29
60% Dec
2
-
1332
July
21% Nov
x87 %
23%
Pec
46
Feb
15
18
Aug
22%
Oct
16
12
Q.
8
.
Sep
Nov
1
12
10
5
Feb
11
183
20
Colo Fuel &
12% Feb
11
22% Oct
23
16
F»b
tl
22% Oct
22
9% Nov 30
18% Jun
25
Feb
Nov
24
18% July 15
16 Va
Feb
9 Va Dec
1
17% July 14
32%
Jan
20% Dec
1
21% Nov
5%
4%
Feb
80
35% Feb
5
36% J*n
23
43% Jun
Columbus
4
48%
Oct
115%
Feb
90
Jan
2
26% July
Xl6
Nov
30
2% Feb
10
Jan
4
53% July 15
104
July
7
29% May 26
28%
38%
107%
108%
23%
22%
22%
-
105
*105Va
3% Oct
19
No par
*90%
*
18.
»'
32
32'/«
*139
141
81
*80
81
80
80
11
Inc.—No par
common.-.No par
preferred
w
Co
Jari
17 '
30
Jan
19% Feb
12% May
19%
Feb
11
10% July
17% Mar
EIec_r10
common—.r10
—100
38%
Feb
Feb
47%
17Va
3
3,600
18%
600
17%
17%"
17%
17%
6,900
18%
18%
*18%
18%
1,300
9%
9%
9%
9%
470
11%
470
*11
'
11%
9%
9%
.20%
21%
5,300
20%
20%
900
11
11%
107/a
20,200
11%
7%
7%
53
,
7%
53
*51%
10%
■
7%
11 Va
7%
55
10%
8
54
11
8
54
30
30'%
30 Va
30%
29%
30 Va
3,600
35%
36%
36%
36
36%
3(i%
36%
36%
36%
1,500
47%.
48
2,100
48%
48%
48%
48%
48 %
47%
48
94 %
93%
93%
94
94
93%
93%
*93%
94 Va
17%
18
17%
17%
17%
17%
17%
17%
17 '/a
17%
9,300
3 Va
65,100
3 Va
8%
93
93%
25%
25%
8%
25 %
3%
25%
94%
8%
3
95 Va
3 "
25%
*8%
3
3
3
90 %
91%
90,%
91
25
x
30
26%
4V*
30
'
29%
25%
25
25%
25%
8%
25%
4 Vb
29%
*25
4%
4
8%
29%
29%
26%
30
*25%
■
22%
4%
21%
22%
22%
106%
106%
106%
106%
12%
12%
12%
12%
*8%
8%
8%
8%
91%
2,900
25
25%
15,900
8%
1,100
29%
29%
29%
2,000
25
25
25
20%
22%
-
90%
8%
X24%
4%
22%
12%
"
*106%
103%
106%
1 *12%
12%
12%
9
*8%
12
12
*21%
'
"12
Inc——10c
>
Vultee Aircraft—...1
»
-
*
9
4 Va
4 Va
"
22
22%
106%
-
.
4 Va
5,200
22%
16,000
*106%
106%
1,200
12%
12 Va
12%
3,800
8%
8%
*8%
9
400
*12
40%
40%
41%
41
41%
40%
40%
4,500
22%
21%
22
21%
21%
*21%
21%
1,700
12%
,
12
12
11%
11%
9%-
9%
9%
9%
9%
9%
9%
9Vb
9Va
9Va
9
9%
9%
*31%
31%
'-103% 104'
104%; 105
31%
30%
103%
103%
103%
104
*102%
102%
102%
105%
105%
105%
105%
xl03%
104%
104
34
34%
34%
35%
35%
35%
35%
36
94
*01%
*92%
92%
<
500
4
22
.
106%
12
9
*
210
8%
8%
26
106%
4 Va
>22
12
Consolidated
9
3
3Va
"
22
,
300
30%
47%
94
4%.
.
4,000
.
30
.
94%
94
*.
8%
55
47%
3%
*25%
8%
*52
55
94*%
Ji75/b
8%
*
10%
8%
*52
"
""
24
Consolidated Textile Co
190
21%
21%
22%
Consolidated
10
20%
40
16% Mar 20
*9%
21%
22%
15% May 12
15% July
6
*11'
21%
40%
8
'
100
22
22
9%
9
10
9 Vb
9%
10
12
12
1,100
8%
8%
4,900
9%.
9%
30,600
30%
3,300
>
H
30% Dec
-7
35% Jun
17
.98% Julv 26*
106% May 25
105% Dec
Sep 27
6
29% Nov 30
40
May 15
99
July 13
33% Dec
92
.-
Oct
1
18'
Oct
7
8% Nov
10
48% Mar 17
For footnotes see page 28.
15%
18%
21%
40
Feb
Dec
89
15%
18%
21%
22%
44%
55%
89
15%
22%
40
10
6,500
22%
Consol RR of Cuba
7% Nov
34%
22%
25 %
.
?0
.—No par
pfd——100
Retail Stores Inc.,;—1
33%
22%
Aug 27
17% July 13
May
'•
No par
6%
100
"
*1100
91
*
Grocers 'Corp.^.1.33 Va
400
61%
23%
36%
*93%.
.
par
Consol Edison of N Y- com.„_No par
$5 preferred.—
—__.No.par
Shares
139
22%
11
7%
53-
for
23
28
92% Sep
44
10
11
10% Mar 17
Feb
10
2
90
13%
10
Jan
84% Mar 23
lip% July
*9%
51
Apr
Dec
10
.
Sales
the Week
15%
v
11%
Consolidated Laundries Corp.—._5 .*>•«. *8%
Consolidated Natural Gas—J— Lr115
40
*
104% July
20% Feb
May
11 Va
Consolidated
106 Va
9
11%
11
94
95
11%
21
32% May
94 % Dec
11% Dec
Feb
12
700
*18%
10
12% Jun
100
;
10
35%
*
x___.No par
Publishing Inc__-_No
T
114%
10%
30%
Commonwtth & South com—No par
'
Dec
10%
*60%
34%
*90%
r.
18%
29%
;
Solvents.1—J_Nq par_
8% Dec
99% Dec
18
xl8 Va Jun
'37% Nov 24
Feb
17%
'
33%
19
18%
.
60%
*1100
15%'
18%
-
.
$ per share
*136
140
60 %
90%
18%
'30,%
Coppermines Corp.^.5
54 %
>
15
*18%
187/a
23%
..
Consolidated
40 % May
90%
15%
19%
18
*36%.
;—:_Nq par
preferred series
90%
79%
* Dec. 10
f per share
34%
141
Friday
Dec. i>
140
■r.—
2,000
'
-
61 Va
33%
79%
Thursday
,
143
*1100
34%
15
PRICES
61
_
*18%
80
*139
6.200
22%
11 Va
.7%
53
w...No par
6% May 21
18
10
~50
'
Cigar—2
6
19%
79
'
Dec. 8
*140,
61%
90
15%.
19%
140
$ per share
143
34 Va
92
15%'
22%
Consolidated
107 V8 July
34%.
*90%.
22%
May 21
10
61%
*1100
33%
92
21%
32
8% Nov
33%
*21%
9
11% Mar 16
142%
61%
*1075
L
'
x24% Dec
103% Feb
$ per share
144
*61
1
30
*139
Wednesday
'
Dec. 7
t per share
*141%
HIGH SALE
Tuesday
Dec. 6
.
61%
•
Feb1
Feb
Monday
-
10
10
x30
141
10
preferred—100
35%
Feb
32%
*139
11%
30
15%
106
72
11%
Congoleum-Nairn IncJ.
20%
7,300
42
1.1%
36% July 12
108% Mar
*105%
*70
1st preferred—100
10
11% May
10% Dec
106
*40%
10%
28% Feb
July 12
1,600
72
18%
Nov
25 Va
150
23%
42
18%
33%
8
38%
108%
23%'
*70
18 Va
23 % May
5
38%
108%
*40%
18%
:
Mar
*105%
38%
72
10%
■
Sep
900
~30
23%
42
10%
Conde Nasfc
•
•
108%
*70
18%
Commonwealth Edisorf Cot.-J—..25
4
38%
23%
*40%
.16 Va
Apr 27
29% May 14*
11% May 20
21
'
85
72
'■
30
Feb
30
1,000
185
*82
42
18%
11
Feb
31
*160
*70
*10 Va
Nov
7
*30'
30
200
18%
*40%
—20
8% Feb
29%
18%
85
108
106
141
19%
preferred
$6
18%
77/a
185
38%
*139
'15%
Jan
106
a
15%
Jan
8
29%
23%
1 *105%
1,200
310
78
*82
108
*80
"19%
Jan
25
106
27%
7%
*76%
72
31%
144
—
33%
14%
x90% Dec
38%
23%'
*26%
7%
78
*160
82%
*107
26%
41
5
r
——.20
Commercial Credit
3.60^-
•*61.'\
*1075
No par
& Southern Ohio
Commercial
4
utc.
*141%
♦
33%
Dec
-
40%
f per share
i
123%
30%
387/8
109%
22%
.
80
Dec
"Dec
38%
*103%
•'
*70
(
Nov
'
38%
——No par
f
i
48
185
82
30%
7,100
18%
30
*160
85
141
8 % May
30
30
185
*80
,:*139
Par
Pictures
May
*30
*160
Saturday
Columbia
Nov
31
85
43
*76%
18%
185
42%
*7%
.78
*18%
.«
42 %
26%
7%
1,400
41%
27
*7%
*76
20%
5,200
13% May 21
50
27
8
78
*80
72
1,
3!100
78 Va Jun
104%
27%
96%
20%
4,600
30
Nov
27%
27%
96%
20%
29%
28
4% May
27%
27%
96%
29 Va
7% Sep
21
42%-
2,500
27%
95%
*20 Va
95
29%
86
Apr
x41%
25,600
30%
22%
:
43
53%
31%
Dec
94
42V4
27
420
52%
31%
par
Dec
25 Va
42%
53%
5%
11%
Dec
41 %
37
13%
63
87
20%
53
*35
52%
27
95
*5i%
26%
Gas* System
36 */• May
*20%
3%
53
37
5%
Columbia Broad Sys Inc cl A—2.50
Class BJ—
.2
•—„S.50
20% May
2 % May
*26%
20%
53%
4%
;
13%
Columbia
*"
4
53
*35%
36%
24
Dec
15,200
4%
37
5%
14% Jun
.
3%
4
95%-
Ry com—100
Carbon
1,100
13%
32% May 15;
31% May 12
Columbian
200
16%
27%
13
37% Apr- 16-
13%
16%
5%
30
27
*12%,
16%
13%
Nov
28% Feb
13%
i6%
27
10% Feb
39% Aug
*12%
5%
20
cum
13%
16%'
13%
Oct
$4.25
*12%
*16%
27%
Jan
15
1,300
5%
12%
Nov
64%
13%
32%
50
64%
27%
Apr
Feb
65
5%
10
Mar1
64%
13%
preferred
2nd
65%
27Va
Iron Corp com_,.No par
4%. non-cum
5,700
x64%
5
HI
Corp
Aikman
non-curp
33%
53
LOW AND
Mills Inc—
conv
32%
13%
(The) common.No par
j—>—No par
Colorado & Southern
33%
26%
42%
>
preferred J—
Colonial
Oct
11
$3.50
Collins &
300
33 Va
20%
105
Colgate-Palmolive-Peet com—No par
Apr
52 %
27
Coca-Cola
96
*50%
5%
1
25% May 18
52%
13%
——
26% May 21
1,900
52%
33%
54%
34
95%
107
STOCK
Internat
5.400
*52%
*
27%
2
July
45% Jan
17,500
36%
28%
14%
13%
Class
1332
15%
36%
*28%
27%-
8
A
15%
30%
26%
23%
10,600
36%
20%
109
300
9,400
33
32%
15%
*160
,
33
30
95%
3d'/4
8%
36%
*35%
19
8%
8%.
15%
x53
*18%
2,600
5%
37%
55
*7%
6,300
9%
29%
37
76
19%
9%
*5%
5%
29%
26%
*70
:100
,
Coca-Cola Co
32%
19
10
5%
preferred.
YORK
34%
20%
*41
;
8%
9%
26%
31
1,600
8%
x37
.
L'
4%
4
»
23,500
9%
13%
2
Dec
36
16%
19
10%
9%
27%
Jan
Feb
17%
30% May
13%
16%
18
400
10%
1
4%
63% Jun
May
21%
13%
16%
8
10%
:
29,900
13%
cum
S per share
Feb
18
9% May
13
78%
1,700
10%
11
*5%
85
>*105
EXCHANGE
17%
May
'
66
•
800
5%
21V*
4%
NEW
20%
May
16Va May
65%
*7%
78%
5 V8
1
preferred——
Highest
$ per share
Jan
33
66
STOCKS
S per share
1140
35%
27%
32%
78%
;—1
—_
7%
.Range since Jan..1
;
Highest
May
x61V2
35%
!
Year 1947
I per share
36
*75
'..32%
—No par
Peabody & Co pom—No
Range for Previous
Lowest
52 *
300
6%
10
185
:
38%
—50
—
2nd
52
600
.
76%
,5V*
xl5%
130
28%
32%
*10%
1
94%
8
*22%
gtd—50
Clinton industries Inp
3
154
Dec
89
xl3% Dec
24%
May
140
Feb
39% Mar
4% Dec
32
47% May 19
18% Mar 22
11
52%
18%
109
100
51%
55
*28%
28%' ;■
1,500
87/a
76%
32%
,
18 %
*35%
8%
1,400
"5%
53%
80
8%
<(25
32%
'
5% "
26%
*30%
;
78%
94%
*80
1
——
27%
*160
Illuminating^com—No-par
$4.50 preferred.
No par
com—
41
32%.
53%
*18%
Cleve Elec
Graph Bronze Co
20%
*28%
f
54%
*7%
—100
33%
30
4%
28%
8%
.
40
37
*8%
5%
8%
18%
55%
8%'
53%
*75
Co-——-1—20
93
19%
29%
4
54%
27%
;
23%
93
19%
39
54
41;
,'•■
23%
93
9%
30%
*35%
94%
100
preferred
non-cum
4%
55
37
*20%
«
23%
19%
10
13
53%
26%
C. C & St Louis Ry. Co copi__jl00
5%
4
43%
106
3%
24%
92%
10%
19%
18%
*16%
24%
r
23 Va
10%.
*65
13
10,400
10
35%
16%
13%
10%
51%
•
12%
10%
40%
18%
,.40
13 V*
10%
20
33
.
13
10%
8%
34
400
6,500
10%
5%
9
-
33Va
66%
547/8
—
5,
8%
35%
*25%
—No par
i
7%
21%
10%
*5%
1,100
7%
21 Va
'10%
10
10%
10%
7%
21%
24%
11
<
30V8
51%
16%
No par
Clark Equipment
5
July 12
Jun
33%
8%
*12%
r
City Stores..5
May 24
5%
35%
8.50
10
6
10'A
5%
*65
—100
City Ice & Fuel
19%
10%
18%
Co—10
84 % Apr 201
«
18%
5%
10%
*7%
21 Va
:
5%
11
',.19%
18%
10%
*10%
77%
1
5%
10%
30
,
3
10%
600
1,000
32%
78%
11%
*11
32%
5%
10
,
com
„
I T Financial Corp.
115%
Jun
Elec
&
32%
7-8%
32%
23%
*28%
*78
78%
32%
91%
28%
■
79
32%
25
*28%
5%
50
78%
23%
28%
78
800
103 %
2,800
13%
8%
32%
103
103%
1,300
7%
91%
8%
5%
7
,
7%
25
"
8%
78
IVa
24
32
10%
xl2%
25
24
300
21 Va
21
8%
32%
•
40%
1
Jun
C
Dec
27%
Gas
23%
92
10%
18%
.——,—2.50
preferred
23 %
90
10%
29%
L-A^-2-25
Cincinnati Milling Machine
Nov
107"
Copper .Co..
25
93%
9%
40%
—.100
common——
5%%; preferred—.—
24
24%
23%
10%
,
—,—^__10
33
July 12
Jan
80
Co
Oil,
14
24
*102%
19
*"18%
80
7%
13%
19
31%
10%
8
26%
26%
7
■
103
31%
11
24
.
7
*79
14%
9%
,
Co__No par
7'
27% Mar
Jan
'
Childs
■
Jun
65%
Pac RR
80
31%
10%
.
7
28%
78%
24
*102%
23 %
11%
*51
*23%
21 Va
33%
L,:
24
*7%
18%
par
2,700
5%
21
*5%
'
8%
.
3,200
9%
5%
31%
*10%
8
*10%
vtc——100
9
15 Va Jan
Nov
Rock Is &
Chickasha Cotton
2
3
preferred
16%
9%
5%
*79
,
9%
Conv, preferred series A——100
Chicago Yellow Cab—
—No par
20
4% Apr
A
16%
9%
5%
102
10%
Paul &. P'Vtc__No par
8
Dec
76
Chic
7
63% May
St
$? convertible preference__No
22
5%
"-
16%
9%
5%
24%
32%
-
Chicago & Northwest com—No par
5f* preferred
—100
Chicago Pneumat Tool conu.No par
19% May 27
42
1
16%
9%
5%
21%
*92
28%
*11
16%
9%
'
5%
8%
32%
*77
*"
16%
16%
13%
9
,*5%
.
*18%
7%
102
10%
10%
*7%
25%
28%
.
18%
7
103%
80
4,400
18%
10
*23Va
7%
100
26%
26%
19
9%
24
99%
133%
26%
21
>
24
93%
*8%
—,.40
48% July
1>
.7 % Mar
Mar
20%
May
Feb
26
Series
2
15% Oct
25
*92
*
'
14%
24"
_■
com—No par
:
/
8%
14,700
31%
26 %
5%
7%
11
32%
31%
26%
16%
6
24
13%
*
Chic Ind & Louis Ry Co class A..25
Class B
—;
—No par
May 21
5?
A...
Milw
17
10Va
6
80
Chicago Great West Ry Co com—53
5% preferred—
__50
Chic
16%
10
32
preferred—100
RR Co
Chicago Corp (The).
-
30
331/4
38%
East 111
Class
13% July 13
41% July 13
23% July 15
49% July 15
23% May
13% Nov
convertible
&
17
10
31%
—1.25
3%%
*18%
80
No par
Chic
12% July 13
8% May
4% May
—1
preferred
29
July 13.
17% July 14
14% May 21
5% May
Products
Chesapeake Corp of Virginia——J5
Chesapeake & Ohio Ry common__25
9
Jan
18%
21%
31%
•98%
*18%
.
2,700
132
18%
11
50
54%
100
26 Va
*7%
31%
300
54
54%
134
26%
21 '/*
31%
54
600
3,900
135%
134
32%
1
31%
55%
4,600
-
*135
*98
80%
•
54%
137
99
*102
No par
54%
137
t
35%
136
*31%
Corp——5
133
35%
37
99
7%
CO——5.50
Checker Cab Mfg
8
May
Sugar
Copper
Belt Co...~.J—*
No,par
Champion Paper & Fib com—No par
8
30
Pasco
*133%
7%
*134
103%
Chain
9
'•
23
8
de
Certain-teed
May 24
Feb
27
Cerro
35%
12%
31%
7%
100
*7
•
37
12%
31%
,
7%
136
*80
100
x36%
12%
33
*7%
*99%
*102
pfd—100
RR of New Jersey-
Violeta
*31%
'7%
134
16%
±
12%
.
33
100
10
wo par
12%
*32
136
*134
24
12%
■.
137
25%
24
20
800
37%
5%
105%
36,600
36%
25%
5%
*104%
32%
37%
18%
-
105%
27 %
*7%
30%
*104%
105%
32%
7%
32
7,100
26%
13
*98%
,
5%
30
32
31%
100
134
90
5%
"32%
12%
25 %
-
pfd-.ll-lOO
4% May
31%
*98%
134
200
54%
5%
32%
*7%
54%
14%
*53
5%
30
32
55%
14%
Shares
30
7%
55
14%
54%
for
the Week
32%
13
.137
Sales
$ per share
32%
31%
137
Friday
Dec. 10
;
30
t
*7%
*135%
.
14%
*53
6
*104%
'37%
54%.
31%
:•
5
Corp
Light 4%%
Central NY Pr Corp 3.40%
tCentral
*54
105V*
105%
13
'
37%
137
105%
31%
7%
37
—.1
Apr
Dec
13%
31%
*135
Co vtc_—No par
series B vtc
100
96 %
11'/a
13
s
9104V*
■'
*31"
1.20
'.
Dec
74
32%
Ry
3
Jun
30
31%
:
No par
217/a
18% Feb
30
31%
100
Dec
5%
30
31%
7%
No par
19%
11
30
.
-—100
54%
5%
Dec. 9
.
t per share
14%
"53
•
6
32
'
common.———25
*14%
53
5%
Thursday
Dec. 8
$ per share
14%
53
30
*31%
_1__1
common
*14
6
30
*
series—,—__50
Corp
preferred.-
Corp
54%
5%
105
5
1—10
common
General
(Jit
7%
25
20 Va Jan
&
__No par
——
15
*53
6
PRICES
Wednesday
*104
Celanese Corp of Amer com—No par
$4.75 1st preferred
...No par
May 27
197/a May
Light
*14
54
*5%
100
preferred
Caterpillar Tractor
9
x97
Corp
Ry
7%
68 % May 15
17% May
&
Conv preierred
2
64
Power
Carriers
147% July 15
49 % May
& Ohio
14%
*53
.
SALE
*
Dec. 7
$ per share
$ per share
"13%
10
—_1
HIGH
AND
Tuesday
Dec. 6
y
$ per share
•
common—l
Carpenter Steel Co
May 20
52% Jun
Clinch
Carolina
12
19% May 21
43 % Jan
8
9
class A
Par
LOW
Monday
4
^
(2443)
RECORD
Saturday
S3
preferred A
Capital Airlines Inc—
5
41% Jan
•
lJ
35 Va Dec
May 15
110% Nov
3
Oct
47
CHRONICLE
•
STOCK
;
Aug 26
8% Mar 22
20
21%
-
STOCK
EXCHANGE
56
Jan
Jan
YORK
f per share
Feb
50%
29% May
132
f per share
11
39%
,
NEW YORK
Highest
Feb
128
Dec
12Va May
35% May
est
57%
Dec
38"
w
15%
Nov
27
Range since Jan. 1
L<
Highest
$ per share
Apr
FINANCIAL
STOCKS
Year 1947
Lowest
f per share
&
42% Jan
5
99% May 25
3
Consumers Power Co corn.._'.No par
$4:50
;2—...No par
Container
4%
Corpvof America conu_20
preferred
_i.
—100
.
~'34.
*91%;
Continental Baking Co com_.No par
$5.50
preferred
S3.-75
preferred
LNo.par
Continental Can Inc common..1.20
'
No par
Diamond Fibre——1—5
13 Ya May 21
Continental
64% Oct
Continental Insurance
26
Li—LNo-par
preferred—
$4.52 preferred
—10
14%
"'91
'
*92%
;
31
94
14%
14%
14%
14%
91
91
92
90 V*
92
31%
-31 Va
31%
97%
31%.
61%
94
31%
14%
-
«*95%
9,
31
*95
96%
9'
61%
30%
*95
,
X14 %
,
31%
96
89%
96
,
31%
96
R%
P%
*8%
9
8%
8%
61%
61%
61%
63
62%
62%
r
36
92%
13%
1
88 %
31
*95%
8%
62
31
102%
.104
92%
14%
x89%.
30%
,
30%-
31%
14
-
88%
-■
31%
•
96%
8%
62
30%
102%
102%
104
104
36 Va
92%
36%
540
410
1,400
92%
130
*13%
13%
2,900
88 V4
88%
240
30%
31 Va
17,800
*95
96%
.100
8%
8%
1,100
61 Va
61%
2,000
19
20
COMMERCIAL
THE
(2444)
YORK
NEW
Ranee for Previous
1 per thare
6% May
S per
< per
share
12%
6
Feb
10% Jun
24
69% Jun
18
Continental
Oil
19"% Apr 16
33
Jun 14
Continental
Steel
55"%
Dec
Apr
27%
Oct
14
14% May
19
Feb
19% Mar
43
55
Dec
17%
Oct
May
Jun
Dec
44
9
x49% Mar 17
13
Feb
11
42 % Mar 24
Feb
55
Mar 16
9% Nov 10
July 12
21% Oct 22
Nov
15% Jun
Copperweld
15
12% May
20%
Feb
Dec
61
Jan
50
Feb
13
18%
Dec
32%
Feb
18
Nov
10
23% Oct
88%
Dec
105%
Feb
88
Nov
3
88
Dec
105%
Jun
86
Oct
28
Sep
75%
Jan
56% Dec
1
1
July 21
66% Mar 24
Mar 19
177
Aug
164 % Oct
4%
Dec
8%
Jan
3 % Dec
1
5% Jan
2
Dec
4%
Jan
2
Nov
29
3% Feb
2
26 % May
40%
Feb
29
Feb
13
39% Jun
14
94% Aug 31
98% Jun
2
Jan
15
24% Jun
8
195
Mar
107
97
Dec
11%
Dec
16
Oct
2 2'/a
Dec
30
Jan
41
Dec
52% Mar
18
9% Dec
x21
9
Mar 18
17% Nov 10
36% Nov 18
13
26% May 27
Crane
Co
3%%
.
1
34% Jun
25
Apr
34%
Oct
24% Dec
10
98
Dec
108%
Feb
91% Feb
24
105% May
130%
Oct
95
Dec
9
Jun
1
22% May
"37%
Feb
21
Nov
29
28% Jun
14
1
78% Jun
2
Zellerbach
5%
Cuba
65 % Dec
.Jan
96
66
Dec
22
May
34%
Oct
25
Dec
3
13"% May
21%
Jan
12% Feb
11
165
Jan
12%
Dec
82%
Dec
Dec
xl6
24%
Oct
6% May
113 %
56
v-
Jan
Jun
„
4% May
12% May
Feb
129
18% May
155
Jan
165
17%
19%
27%
12%
Apr 21
7% Dec
Sep
1
Dec
8
Feb
12 % Nov
29
NOV
15% Dec
1
70
Mar
101
j
7
Feb
147
70
Feb
11
122% Feb
Dec
Mar
17 1
Mar 11
129
Jan
17
17% Aug
9
Jun
4
34
177
13% May 21
88
July 30
17% May 18
24% Jan 13
13% July 15
150
Feb
4% Feb
11
May 14
12% July 21
Dec
183/*Feb
13
28% Sep
Jan
27
132
48
133
Apr
30%
21% Mar 16
Feb
Cuneo
Prior
137
July
2
x31% May
26
A
common
91%
*91
92
58%
91
*170%
172%
*170%
1,700
210
10%
51
19%
10%
11%
10%
10%
*50%
51%
50%
50%
420
19%
19%
19%
19%
5,600
91 Va
91 •
91%
91 %
*91%
92%
92
*91
92
3%
3%
3%
3%
2%
2
2%
2%
2%
30%
96
9%
9%
*23
31.
30%
*93%
3iya
97
*94%
*9%
23%
23%
'
*90%
*2%
172%
9%
173
40
130
3%
5,100
1,600
2%
2 %
2%
30%
*94%
110
4,900
173-
3%
3%
3%
30
95
30%
31
96
95
95
3,600
100
9%
9%
9%
*9%
9%
1,100
24%
23%
24
173%
3,400
57%
57
2 %
2%
30%
*94%
x9%
57%
57
58
30%
98%
23%
17%
172% 172%
3%
3%
31
9%
10
*23
•
57
172%
3%
150
17
49
58%
172%
2,500
54%
91%
*90%
91
57%
58
x54%
19%
91%
91%
54%
24%
24%
24%
24%
1,300
3,100
18"%
18%
19%
18%
19%
19
19
18%
18%
18%
18%
37%
37%
37%
37%
37%
37%
?7%
37%
37%
31 Va
38
1,000
25 Va
X24%
24%
24%
24%
5,000
95%
95 %
No par
No par
1
—
7%
Inc
92
3%
25%
Inc
25%
25%
25%
25%
25%
95
95
95
95
94%
95
24%
.
"
*93
96%
22
22%
67
•
67
25%
*93
178
22%
*66
68
26
15%
*160
96%
' 22%
' ''
25"%
15%
•
8
8
*71
*15%
.
12%
16%
7%
*50
•
50%
*
7'%
pfd—100
21"%
140
'
*132
No par
17
'
*
51
-
*132
7%
23%
140
*132
26
26
20%
1
20%
21
21
21%
—100
Davega Stores Corp common—2.50
5% conv preferred
20
Davison Chemical Corp (The)
1
Dlayton Pwr & Light common
7
*88%
89%
88%
88%-
*88
88%
*15
16
*15
15%'
*15
15%
15%
*14%
15%
*14%
"
15%
15%
15%
*160
2,100
178
6,100
8%
8
8%
330
26
*25%
26
178
*69
70
200
12%
*12%
13
1,400
17%
17%
17%
7%
7%
*122
49%
7%
15%,.
25%
700
70
23%
21
25%
66%
8
133
7%
22%
•
?
25%
900
7%
14,400
48%
7%
250
125
48%
1,300
7%
28,500
7%
23
23
23
140
*132
*132
140
4,500
25%
25%'
20%
125
48%
•
17%
7%
7%
130
48%
;■
140
*132
140
"26
25%
66
*68
22%
-
2,300
*12%
x48%
7%
7%
22
21%
13
17%
*123
51%
7%
7%
22%
22
190
21%
70
17%
TVs'
15%
*160
8%
8
70
134%
25%
15%
178
*12%
17
7%
134
50%
7%
'
8%
12%
66
26
15%
71
12%
8
26
" *160
390
97
*95
21%
66 %
-'■21'%'
21%
66
,66
15%
71
135
50%
-
7%
21%
16%
7%
■'
95
'95
95
,96%
*21%
178
8
'
'
26%
15%
8%
134%
'
*25%
12%
16%
137
67%
*160
72
12%
7%
» .*134
*66
178
8
73
12%
22 'A
94%
95
*93
96%
22
15%
*160
*94%
*93
"
26
15%
*
*71
1
Cutler-Hammer
19%
*54
25
187/S
—
Cushrhan's Sons
19%
*91
58
*2
5
preferred
Class
19%
-
*x24 %
17
10%
51%
19%
92
*94%
pfd
100
common—10
100
10
100
preferred
Curtiss-Wright
1
19%
10%
50%
24%
*48
10%
50%
10%
51 %
24
300
15%
17
17
*48
9%
10,400
15%
49
17%
48
*50%
18,400
15%
*15%
17
17%
48
9%
7%
55%
*48
18
48
52
,
49
17%
48
31%
Cunningham Drug Stores Inc—2.50
Curtis Publishing com
No par
$7
54%
55%
Shares
7%
7%
'
*36%
Inc
Press
.°53%
24%
54%
18
*170%
preferred
Cudahy Packing Co common
4%%
preferred
61
6%
21 %
non-cum
*24%
48
57%
100
1%
54%
»90
com__No par «
of Amer
6%
RR
24%
7%
2.50
preferred-.
conv
24%
54%
16
S per share
55%
I per share
55
the Week
No par
5
No par
No par
com
Cuban-American Sugar
2
Aug
Corp
preferred
$4 2nd preferred
Crucible Steel
24%
*53%
19%
*91
2
$4.20
103% July 14
24%
*51
1
America..:.
preferred
$2
Crown
*15%
100
Cream of Wheat Corp (The)
Crown Cork & 8eal com
6
46% Mar
15%
25
preferred
of
15%
Dec. 10
Dec. 9
7%
55%
15%
24%
54%
7%
55
15%
7%
55
17%
1
common
Creameries
16
7%
55%
8%
56%
Sales for
Friday
Thursday
Dec. 8
t per share
$ per share
7%
55%
8
,
47%
9%
20
5
100
100
25
100
1
„1
Exchange Bank & Tr Co
Corning Glass Works common
3%%
preferred
Cum pfd 3%°Io
ser of 1947
Corn Products
Refining com
7% preferred
Coty Inc
Coty International Corp
97% July
98
series
t per share
56%
24%
*53%
5
50
common
Dec. 7
*15%
__No par
Co
pref 5%
Corn
15
2%
Dec
common—5
Dubllier Electric Corp
Cornell
67% July 14
170
14
Corp
Steel
Convertible
1
51%
61%
7%
55%
Delaware
Cooper-Bessemer Corp
$3 prior preferred
55
49
of
LOW AND HIGH SALE PRICES
Tuesday
Wednesday
Dec. <i
$ per thare
1
5
Continental Motors
11
Apr
12%
Dec. 4
Par
27
12%
Monday
Monday, December 13, 1948
RECORD
Saturday
STOCK
YORK
I per share
share
46% Feb
STOCK
EXCHANGE
Feb
35
,
NEW
Range since Jan. 1
Highest
Lowest
Highest
CHRONICLE
STOCKS'
.,
Year 1947
Lowest
& FINANCIAL
20%
25%
25%
25%
1,300
2,800
'
;,D
19% Aug
26%
Sep
19
Sep 28
30% Jun
10
90%
97
Sep
85
Oct
8
94% Jun
24
23%
Oct
13% Mar
9
20% Jan
2
25
17% Jan
6
Nov
•14% May
15
16% Jan
Feb
Dana
pfd series A—
31% Aug
4
Jun
17
Preferred
3.75%
series
A
100
*86
88
*86
88
*86
88
*86%
84
27
94
Jun
10
Preferred
3.75%
series B
100
*87
89
*87
89
*87
89
*87
89
Feb
Feb
45 %
Oct
27
Dec
1
42
Jun
15
31
May
46%
Oct
32% Dec
1
46% Jan
2
Dec
38%
Feb
29% Feb
5
45 % Mar
38% Jan
20
34% May 24
50% Jun 24
Delaware & Hudson
Delaware
Sep
8% Nov 30
8% Sep
24
15% Jan
5
Decca
Rubber Co
Dayton
9
13% Jan
Records
&
Deere
7%
Co
11
13% July 12
14% Feb
11
39% July 15
25% May
44%
Dec
32 % Mar 16
20%
Dec
27% Mar
20
Apr
9
Aug
62%
56
Dec
2
58
July 15
21% May 17
60% Jan
9
Detroit
59
9% Dec
10
13% May 24
23
Detroit
16% Jan
10
26%
16
22
'
13% July
17%" Jan
22 % Mar 18
Oct
Jan
11% Dec
9
20*% May
31%
Feb
20% Dec
9
35%
Apr
47
Jan
35% Mar 12
Nov
50
Jan
38
24%
Feb
11% Nov 29
18%
Jan
13
19%
Feb
13
Mar 17
14% Mar 12
Oct
28% Jun
46
2
for
46% July 29
19% May 26
Xl9% May 21
Diamond
20% Oct
19
6%
Distill
9%
9 Va
1,600
;
8%
8%
9Va
7,000
;
29%
8%
29%
X8%
29%
28%
29 Va
1,900
33%
34 Va
33
34%
33
33%
32%
33%-
33
33%
33 Va
34
34
34
33%
34
*33%
34%
*33%
*41
42
40%
41
40%
40 V*
40%
Divco
22
19
Feb
24
Dome
29
67% Apr
15
Douglas
50% Oct
Dow
97
Feb
6
106% Jun
90
Feb
13
106% Oct
22
$3.25
xl8% Nov 29
31% Jun
21
Dresser
15
$4
98%
Feb
83
Jan
2
98
July 16
3%%
19
Feb
12% Feb
11
20
17% NOV
12% Mar 11
18
May 15
May 20
Dunhill
14%
115%
Dec
July
129 % Aug
92%
Dec
107%
110%
Sep
115% Jun
Dec
19% Mar
14
113% Jan
28
Feb
11
94
Sep
111% Aug 24
11% Dec
9
188% July 9
124% Jun 17
99 % Jun
116
22
15% Jan
*2
S per share
Jan
16
Nov
Lowest
14%
Dec
May
< per share
25% Aug
24% Apr
163
Dec
18% Nov 30
Dec
25% May 27
20% May 18
19% Nov
1
Jan
13% Nov
10
22% Jan
48% July
198% Oct
38 Va Feb
10
46% May 15
88
Dec
15% Aug
104
109
157
Sep
27
Dec
10
14% Dec
7
Feb
Feb
82
27% Feb
Dec
111%
4% May
50% May
8%
65%
Feb
16%
Feb
33% May
8
7
8
Feb
10% May
Mar
10% Dec
94
Feb
Dec
5% Jan
,
5
39% Nov 10
175
8
Jun
1
8% Jun
24
56'
Jun
1
Feb
13
16% Oct
21
32% Feb
19
37% Jun
47
47,%
10
13% Feb
11
2% May 24
23% July 7
11 % May
145
Dec
19%
Feb
171
10
166
Oct
21
135%
Dec
156%
Feb
123% Feb
11
147.
Oct
26
Jan
57%
Oct
49% Feb
10
56% Jan
9
.
•
139:
July
24% Mar
14
Feb
Sep 28
19% Nov
x55
45
Dec
9
8
Aug 19
Dec
102
May
3% Dec
8%
Dec
-
Jan
6
27% Jun 14
Oct
55% Feb
13
76
Dec
12% Feb
11
Oct
19%
Jan
Apr
107
4%
12% Jan
2
x29% Jan 22
Mar
97
Feb
27
4% Jan
Dec
5
12%
Feb
9% Feb
11
67
Feb
50% Feb
11
63
3
85
Mar
59
Sep 14
July 6
15% July 9
16% Aug 27
84
104
Jan
.♦8
Jun 10
6% Nov
4
16% July 12
65% July 15
68 Va Apr 14
7%: May
17% Dec
24% Feb
10% NOV
25% Jan
18
7% Mar 17
20% May 17
11% Jan
5
32% May
*•% Deo
50% Oct
35% Nov 30
49% May, 3
7% Mar 30
13%
Feb
4 % Nov
see page
29
9 Va Nov
13% Aug
Per footnotes
,*98%
;
99%
par
*,101 Va
102%
50c
20%
20'A
100
46%
46%
*98%
20%
-
28.
4% Nov 18
9
Jan
14
i
99%.
102
,102
,
Corp
Preferred
$4.50
$3.50
series
Duquesne Light 5%
DWG Cigar Corp
100
5
119%
*97
No par
1st pfd
170
*118%
series——No par
Preferred
169%
97%
13
YORK
Eagle-Picher
Eastern
Eastman
6%
Kodak
Co
10
Corp
100
^
Bros Stores Inc
4% %
1
common
preferred
Products
4% %
100
Co
2.50
common
preferred
Stop Nut Co
Elastic
Electric
Auto-Lite
100
Convertible
Mus
Amer
97
Co
5% %
5%
El
12%
Electric
09% ;
99%
■'100
100
104 :h 104%
,'*104
104%
99%
104,»!j 404 y*
20%
19%
■
48%
;
19%
10,100
*86%
88i/2
*86%
*12%
13%
*12%
*13%
13%
12%
13
800
171%
172%
171%
172
4,000
*118%
119%
*1181%
97%
97%
115%
*12%
12%
AND
HIGH
115
*11%
SALE
*97
97%
115
12%
♦
14
119%
200
400
11%
97%
97%
116
115%
115%
130
500
12
*11%
11%
PRICES
Wednesday
Friday
Thursday
Dec. 8
Dec. 9
t per share
t per share
87%
98
*115%
Dec. 10
< per share
t per
Sales
19%
19
19
19
19
19%
19%
19
Shares
19%
16
16%
16
16%
15%
16%
15%
16
15%
15%
15%
15%
15%
15'A
15%
14%
14%
160
*1591/4
159
'
131/4
13%
13
13%
12%
13 Va
2,300
43%
43%
43%
44
43%
44Vb
12,900
160
*159iA
161
*160
32V4
31'A
31%
311/4
31%
31%
15%
15 Va
14%
15
14%
14%
*14%
*88%
91%
*88%
91%
*881/4
91%
*88y2
"
"
11'A
96
14%
1%
20%
20%
20
*150
151%
*151
*135
139
6%
41
135
*88'A
10%
*94
6%
7
91%
10%
10%
1 1 %
94
94
7
7
7y8
20%
41%
40%
14'A
.14%
xl3%
*34
1%
20
-
96
40%
42
*160
163
31%
4,300
15
,15
15
2,100
91%
*88
92
11
11
*92
96
11%'
11%
3,000
96
*92
10
*6%
40%
6%
6%
6%
3,600
40%
41 y4
40%
41%
7,000
14
14%
14 Va
14Vb
33%
33%
*33%
34%
200
1%
1%
1%
1%
2'/a
2 »/8
65,700
20%
2oya
20%
20%
20 '/a
7,000
34
35
14
'A
34
2
19%
203/8
150'A
*149
151
150
138
*135
138
*135
51
51
51
52.
50%
51
15
14%
14%
14%
15
1501/4
60
163
31
31%
*134
151%
135
1,500
14
31%
11
2,300
24,900
43%
15%
*94
for
the Week
thare
16%
32
42
300
2,700
20
13%
*15
6%
19%
19%
7,800
14%
14
11'A
481%
90
43%
96
-47%
,
19'A
341/2
151
*150
138%
2,500
154
136
136%
*50
51%
2,100
,
'
200
*49%
50'A
50 V*
50'A
15
14%
14%
15 Va
15%
10
21%
21%
20%
21%
211/4
x20y4
20%
19%
20%
57%
57 Va
*55'A
58
*55'A
57
x55
55
55
55
*55
*44
45%
*44
45%
*45
45%
*44%
45%
44%
44%
*43%
45%
*66
66%
66
66
65%
65%
x
651/4
66%
65%
65%
67
67%
1,800
13%
13%
14%
14
141/4
13%
14.
13 7/8
13%
13%
13%
3,000
141/4
8,900
14%
1,700
50
3
—
Mfg Co
4
5
13 Va
lo
*14%
25
13 V*
14%
13%
14%
2,400
57
300
13%
14%
14%
14%
14%
14%
14%
31
31
*31%
32
31
31%
*30
31
99%
*99
99%
99%
99 %
*99
100
4%
4%
4%
4%
13%
13%
13%
13%
56
56
56
56
56
*61
66
*61
66
*61
100
*56%
58
*61
66
5
14%
20
321/2
13%
99%
5
13%
.
4%
4%
*10
10%
8%
3
—2.50
*35%
36
*4%
5
9'A
*99
98'A
99
4%
5
*4%
13%
14
13%
13%
56%
56%
*56'A
56%
66
*61
66
*61
4%
10
'
1
,
14 y»
19%
14%
No par
5
131/4
14%
*31 Va
*4%
50
13%
21
9
35%.
*4%
4%
10i/4
9%
36
5
'
4y8
9%
8%
36
*4%
5
41/4
10
9y8
14%
4%
9%
8%
36
35%
5
*4%
4%
9%
9
35%
5
4%
9%
8%
36%
*4%.
4%
9%
8%
900
14%
15
1
preferred series A
13 y8
*14%
„
31
31
*98%
Bldg
common
•*13%
_Ioo
:
Eversharp Inc
Corp
Exchange Buffet Corp
48, n- i
t
16
*15'A
1%
Erie & Pittsburgh RR Co
Eureka Williams Corp.:
Evans Products Co
Ex-Cell-O
48%
50
4%
5%
8 per share
14%
_
RR
;
Dec. 7
*33%
Radio & Phonograph
Empire District Electric Co_
Endicott Johnson Corp common
Erie
*98%
,
Tuesday
1%
Emerson
preferred
Equitable Office
i
»
13
14 Va
11 Va
8,000
2,700
*13
44
*94
9,600
11%
52%
*86%
Dec. 6
14%
common
Natural Gas
11%
51%
47%
■99%
-
Monday
34%
preferred
preferred
Paso
11%
52
13%
115
1%
conv
Emerson
11%
51
'
97%
116
*33%
Elgin National Watch Co
Elliott
30%*
11%
119%
*14»A
preferred—
—No par
Electric Storage Battery
No par
30
51
119%
3
$6
30%
900
10%
11%
119%
No par
Electric Power & Light com
No par
$7 preferred
——Nopar
10%
4«%
11%
119%
97
10%
30%
31
119%
41%
shares
x30%
*118%
5
preferred
Ind
*10%
10%
173
6%
(The)
70
3,300
10%
14
14 Va
160
47%
90
43%
32
29%
*46%
*13
14
*
14%
*28%
46%
*13%
44
•157
*14
47
*86%
.
I
Electric Boat common.
Elec &
15%
14%
28%
20% .'■>
14
10
Manufacturing Co new com.2
15%
*15'A
900
200
14%
10% '
1 20"
43%
5
common
•
19%
15%
1
Inc
preferred
Eaton
19%
10
Co
Airlines
Eastern Corp common
Eastern Stainless Steel
9,400
28%
'.102%: 103
■
LOW
I perthare
15%
14%
171%
12%
Par
15%
48
171
12%
4.,^
15%
29%
170%
12%
Dec.
15%
*28%
171%
*114%
Saturday
700
?
*47
170%
115%
STOCK
12 Va
*14%
14%
13%
*114%
-
42%
12%
48
32%
,99%
r,.
20%
14
preferred
42
12%
29
14%
29
89
6
Jun
20 Va
36
No par
46%
*13%
74% Jun 14
49:
17
47%- May
Nov
17
59%
9% Mar 18
11%
27% May
46%
43%
Xl2%
15%
*86%
10
1% Nov
11
Jan
46% May
9% May
15
13%'
12
Jan
Dec
15%
14
Ekco
2
Jan
3%
15%
15%
,_No par
Du Pont de Nem (EI) & Co com__ 20
16% Jan
106
39%
47
13
89
Edison
Sep
2
13
16
X15%
13
*42%
„
13
*13
19% May 17
92 Va Jun
1
43%
13
*13
17
33"% Dec
*42%
43%
13
50
I per share
10
2~5~%
43%
EXCHANGE
10
31
18%
*42%
*42%
11%
NEW
14% Dec
51
43%
49%
Highest
12% Dec
42 ya
1,000
*42%
*86% *
Range since Jan. 1
Highest
19%
1,400
39
STOCKS
Year 1947
f per share
1,000
21
39
12%
Range for Previous
Lowest
12
21
39
1
3
Jun
11%
20%
39
51
conv
*11%
11%
20%
11%
International
Duplan
200
11%
16%
No
3,000
39%
16
common-
10%
23%
20 3A
2
preferred
9%
23%
11%
Ltd
common
10%
23%
20%
13
I
10
10'A
39%
13
preferred series A
10% May
7,900
58
*23%
10%
24
*23%
11%
50%
Industries
1,600
20%
58
21%
11%
2nd
46
20 Va
58
39
11%
50
Co
45
20%
20%
50
Chemical
46%
20%
38%
11%
11%
Mines
46%
21%
No par
47
7,100
2,300
39
No par
15
11% Nov
Jan
9
26
21%
11%
Ltd
Jun
76
8%
25%
39
12
Aircraft
21%
9Va
26%
*57
58
14%
_
4%
13%
4%
*9%
..
700
100
800
60
4%
1,300
13%
9,000
56'A
900
66
5
10
2,700
1,800
8%
8%
-8,200
37
X36 Va
37%
1,300
5
.*4%
5
'
-
700
22
32
16% May
45% May
1,600"
40
2
Corp
33%
40%
*21%
33
Doehler-Jarvis
33%
40%
9
203/8
10%
10%
32%
16
34
40%
12,700
26
47
20%
23%'
33 "A
Jun
20
10%
*23%
32%
40
Nov
10%
23 Va
5
13
9
*39
par
25
.
10%
23%
Car Co
Pepper Co
32% Feb
,♦11%
12.50
No
10%
24
10%
Feb
May
5
1
J.
10%
*23%
10%
29
■'
9
*56
10%
Oct
Mar 18
1
_1
Dixie Cup Co common
Class A
Dr.
"
26%
*46%
10%
39%
164
48
10%
5
197
20%
56 %
*
—No par
Jan
173
47
20%
-
20%
58
*47%
23
Nov
46
20%
*56
47%
1
Dec
47'A
58
47%
Dec
80
46%
20%
14%
Feb
Oct
47
20%
*54
28%
34
Dec
47
20
14%
10
'
8%
26%
28%
21
23
9Va
21 Va
14%
2
Apr
104 %
8%
26%
48
Jun
56
Dec
9%
27%
30%
41
9
Dec
9%
27%
*14%
13
May
9%
27%
*47%
Nov
14
9
27
*28%
25
46% Dec
9%
,•9%
9%
No par
Sep
Oct
91%
42
9%
.
,
i
1
No par
40%
55%
22
34'A
*41
9%
*9%
50
Corp
May
May
42% July
114% Feb
*34
100
Corp-Seagrams
28% May
I
9 Va
8%
29%
9%
West-RR
preferred
25
1
8%
common
T Motor
49
'
29%
Corp
par tic
230
8%
'
Match
90 Va
28%
pfd
Vilbiss Co
De
130
89%
88
1,900
7,900
8%
Devoe & Raynolds class A
Diamond
90 V*
28%
com
Edison
10
Jun
25 V*
90%
8%
Detroit Hillsdale & S W RR Co__100
Steel
'
19%
25
.
28%
Detroit-Michigan stove Co
26% Oct
10% May
&
Grande
for
89
"*18%
19%
25 V*
88
'
8%
100
7% Feb
Dec
ctfs
19%
25
89
-
25%
29%
Western
Feb
Escrow
25 Va
25%
8%
100
19%
ctfs
19%
xl9
20
25%
*28%
20
Escrow
25%
25
_No par
10%
Oct
9%
19%
20
20
1
preferred
Lack
19%
25 Va
*14%
50c
common
Denver & Rio
19%
25 Va
50c
Inc
Deep Rock Oil Corp
6% May
98%
J
88
28% July 14
20%
Sep
100
94
23%
36 %
16
16
Aug
Dec
16
14
Sep
19%
*15
25
Sep
Dec
200
15
18% Feb
33
15%
70
16V2
24% Feb
11
11% May
87%
16%
82% Nov
12%
17Dec
20%
87
16%
Oct
Dec
42%
20'A
88'A
*16
88
Jan
84
Oct
20%
15%
15
*
24%
Dec
5% May
*14%
20%
*87%
15 Va
>88
35%
Dec
82%
32% May
,
101% July
101% July
24
29%
•
,
Corp common
3%%
f
Volume 168
Number 4759
COMMERCIAL
THE
Ban re (or Previous
STOCKS
Range since Jan. 1
Year 1947
Lowest
Lowest
Highest
# per share
t per share
44
60
Jan
11 %
32
10
Fairbanks
33% Oct
28
Fajardo Sugar Co of: Porto Rico
Nov
Feb
'
24
11% Jun
16 *
Farnsworth
20
11
42% Mar
35% Feb
Dec
23 %
July
16
14 V2
Feb
19
Feb
20
Feb
10
24%4Sep
7
26%
Jan
18% Mar 17
26% Just
:t
59%
Feb
61
Feb
20% May
•46% May
d2%. Jun
Sep
53% Feb 28
42
107% Aug
«2ya Dec
51% May
14% May
21 y»
"39 y2
May
Dee
May
Dec
26
Fidelity Phen Fire Ins N. Y
Jun
29
Firestone Tire & Rubber
7
42% Jun M
*104
9
2
17%
Jan
13 V* Feb *21
24
Aug
12% Nov 24
21% Jan
6
40%
Deo
23y« Feb
40% Jan
12
16% Jun
24
'
18
May
14%
14%
37
36%
*16%
17
6%
,6%
23%
23%
23%
23%
19%
20
20
20
66 %
66
66
17%
29%
30
17%
29%
*96
98
*29
30
13%
13%
*12% .13%
No par
*12%
13%
26%
26%
26%
14
13%
\
29%
13%
*12%
■,
27%
90%
160
20%
20 Va
1,400
*10%
19%
600
291/4
13
13
-
45%
'104
54 V4
17%
29%
54
,
■
96
*13
.
*95
29%
5,900"
TO
29%
400
13%
♦13
13%
•
1,100
98
.
13%
13%
100
1,800
17 Va
*29
13%..
-
3,400
55
-
28%
96
800
44%
104%
•
17 Va
..29%
f29
4,800
66%
44 V*
104%
29
,
.
*65%
t66,
,17%
13%
,
20
54 V*
-
29%
13%
13V4
,
27
90%
44%
98-
29 %-
'
600
28 V*
66
17%.
*96y4<
.98
2,400
21V*
'104
54%,
29%
2» %
,
400
6
92%
45
17%.
29%
.
17
6%
*19%
i
54 %,
*17,%
*96
96
29%
:
104,% *104%
*54/ 55
26%
•-
—7%
Florsheim Shoe class A
54%
17%
44%
45%
104%
36%
6
,
6,400
20%
,
20
700
14%
.<.
27%
I
21
j
•
95,300
36%
17
66%., 67
66%
45%
*13%
No par
66 *^
♦104
104%.
54%
29
28%
.*96%
No par
Corp
.
...
45%
45
♦104
•17%
Florence Stove Co_——
66
44%
44%
*104
29
2,900
7V*
17
37
92%
X20%
3,000
21%
23%
-
14%
•14%
1
Shares
39'A
.
6%-
.17
28%;
„
•20%
52%
Power
,
92%
23%
*W%
Florida
27%.
92
*23
No par
preferred
64
27%
92
*91%
8
6
the Week
.91 Va
27 %
93
92%
23%
*36 y4
,
6V8.,.
1
21
23 %
.
13%
17% .,
•
x6
Vi,
7
.
.
28%
27%
28
.27%
*19%
37
,17,
•
6%
6 VB
-
14%
14%
37
17
6%
8
v.
*23
,
39
20%
; 20%
..
23%
*36%
36%
6
21
s
7%
•
<
14%,. 14%
*16%
Fllntkote Co (The) common—No par
MajV27
36% May 28
14%
(The) -Carpet Co—__ JXo par
Firth
Dec
7%
37
—10
First National Stores—-
29 y2 Dec
6%
*91 %
.——100
20% *Aug
28% Nov 29
6%
17
com—-25
—
89% July 12
•96
6%
104%
53%
preferred
4% %
14% Feb 20
Oct
23%,
*35%
■
—5
1
53
Jan
20%
23%
5
•60 % Oct
41V2
21
23%
100
com
preferred —
Felt & Tarrant Mfg Co..
Ferro Enamel Corp—
49% Mar 16
Jan
39%
21
23 %
*16%
No par-
Dcpt Store-s
4%Yo
107% Jun
1
103% Nov 18
119%, Feb
Dec
Federated
39
21
23%
6%
14%
38%
20%
Sales for
Dec. 10
I per share
39%
39%
39%
39%
38%
20%
Friday
Deo. 9
I per share
t per share
23%
6%,
,
.
Federal Motor Truck.
May 18
31% May 14
15
26%
1
Mining & Smelting Co—_2
Federal-Mogul Corp s
5
<99% Jun
39
<
Federal
9
Dec
13
3
10
J20
30
Jun
Televis'n & Rad Corp—l
12 y8
Feb
Jun
99
43
90
107%
•24
23
20% Feb
Dec
194
Oct
38%
20%
*23
1
20% May 22
Mar 11
5% Nov 30
28% July
Apr
16
Corp
Thursday
Dec. 8
•
$ per share
20
Fedders-Qulgah Corp
♦
Brewing
Dec. 7
21
PRICES
Wednesday
Tuesday-
Dec. 6
I per share
—No par
Co
Faistan
Nov
11
•97 %
&
28% Oct 29
Feb
5
Dec
Morse
14
Monday
f per share
Par
share
54% Jun
14%
May
per
Aim:
9% May
16 y#
Dec. 4
30
37
~9%
Dec
Saturday
EXCHANGE
xl9Va Nov 30
Feb
20
47s May
$
(2445)
LOW AND HIGH SALE
NEW YORK STOCK
Highest
t per share
Jan
31%
May
25 Vs
FINANCIAL CHRONICLE
&
3,200
13%
200
24%
3,200
"
14 Vt
Jan
9
May
91
Dec
19'/*
May
15%
Feb
9y8 Mar 17
29
110
11
Nov
82
10
Nov
85
July
23
12% May 24
47% Jun 14
»
105
Jun
Dec
6
% Nov
10
92
27
38% May 21
25% Jan
5
Dec
23% May
12 % May
26%
Jan
22
25%
Jan
10% Nov
56%
May
50%
Feb
8% Aug
9
35% Feb 13
11%
Nov
22
Jan
10
39
Jan
18%
Dec
77
Dec
8%
Dec
5% May
18 %
Jun
.
Mar 16
Feb
Sep 28
6% Nov 30
10%
Oct
6% Dec
17y8 Dec
Gamewell
16
Oct
11% Feb
109
Jan
99% Mar 24
Oct
43% Nov
Dec
16 y8 Nov
13%
14%
Apr
1
9% Mar 17
Feb
8
May
Apr
83% July
37
Sep
47
23%
Dec
137
Dec
32
May
9
Nov
72% Sep 23
28 y8 Nov 30
33
Feb
18% Sep
160
Jan
39%
34%
Dec
Dec
10%
Dec
16% Mar
43
May
54% July
123
Dec
131
% Feb
100
Dec
X122
Feb
45%
$4.50 preferred
General
15
July 14
82
Jun
General Cable
21
4%
44% July 15
4%
1st
Jan
General
41
Jun:
General
96
Mar 19
9
Mar 13
Jan
2
28
8
7%
Foods
Jun
2
13% Jun
17
53
Oct
25
General Mills
118% Feb
25
128% Jun
2
5%
10
108
3
,
Feb
Jun
Range since Jan. 1
Lowest
Highest
8 per share
I per share
129
Oct
7
125% Jun
107 y8
Sep
93y8 Feb
17
.99% Jun
14
13% May
is y4 Oct
19%
Jan
12% Mar 17
20%
Dec
16% Feb
13%
26
Feb
12% Nov 24
Dec
11%
Dec
19
May
125
Oct
3% May
18% May
26
50% Maris
*
4%
16%
3iy2
140
6%
29%
119
Feb
2% Feb
Jan
11
Feb
19
Feb
Nov
11
Nov
22% Feb
17% Jun
26
Nov
1
10
20
18% May 27
4% May 21
17
15 % Jun 2A
9
Sep 15
4% Mar 11
Oct
Nov
13
120
Feb
66
11
29
May 18
128% Jan 29
General
Preferred
Outdoor
Gen
Gen
General
15
31% Jan
12
132% Oct
23
Gen Steel
26%
Dec
35%
Jan
Apr
30
106
Apr
23% Aug 11
22% Feb 11
Feb
Dec
40%
29% May 18
30% May
6
98% Apr
2
Feb
18% Dec
10
30
Jun
Jan
80
Nov
3
90
General
Gen
May 12
.
101% Oct
15
17
Feb
72% Jan
23
82% May 19
36%
Dec
27% Feb
13
Gillette Safety Razor
Dec
105%
Jan
88 % Dec
9
39% May 21
96% Jun
2
Feb
17% Nov 30
25
Gimbel Brothers
Dec
103
May 15
Jan
75% Dec
10
85% Jun
26%
Nov
19% Nov
10
28
51% May
58
Sep
48% Feb
27
5 % May
7
Feb
124
Oct
33
Feb
15% Dec
71%
Feb
104%
21
Jun
Dec
49
99%
Dec
41Va
•
,
Jun
Dec
106
61%
4
113
Mar
1
Mario
3
6% Oct
122
Nov
4% %
19
19
1,200
*128%
130
38%
38%
*128%
130
39 Va
39%
91%
91
10%
10%
10%
11%
11%
11%
11%
11%
9,700
50%
50%
50%
50%
50%
51
51
50%
51
2,000
*123
124%
*123
♦104
107%
50%
-
123
123
124
♦104
107
$5 conv preference
28
1
24% May 17
47% Mar 16
July
94% Mar 11
103 % Aug
38% Mar 17
50% Oct
23
Dec
109
Aug
96% Mar 18
24
Jan
15% Dec
10
26
105% Oct
4
23% Jun
14
Co
122
13%
V
24%
13%
3%
11%
11%
11%
13%
13%
13%
13%
13%
1,900
24%
24%
25
3,100
24%
24%
24%.,
24%
14
13%
14
13%
3%
(The)
.
24%
24%
27
26%
24%
124%
24%
24%
24%
*80
*
*80
*72
76
*72
76
com—No par
No par
33
33
33
33
*90%
92
90%
91
*18
18%
17%
18%
*80
82
82
'
No par
No par
*77%
*77%
21
20%
50
49%
1
5%
5%
.100
*116%
157/s
118
119
10
16
15%
60%
102%
41%
*100
101%
16%
16%
16%
*72
%
2,900
17%
17%
6,100
76%
76 %
75 Va
76%
1,100
20%
20%
20 %
20%
2,800
49
49
49
49
50
.
120
*5%
5%
5%
5%
120
*116%
88
*83
*116%
■
•
300
300
1,200
5%
40
120
15%
15%
15%
15%
15%
15% :■*
2,500
x57%
58%
56%
57%
55%
56%
5,400
15%
61
102 Va
*101
42%
100
6,600
41 Va
41%
*100%
101 %
16 Va
15'/a
15%
3,000
3%
41,300
6 %
1,100
15%
16
16
'
102%
*101
41%
101 Va
41%
*—< 0 0
101%
♦100%
101%
102'A
*101
42%
41%
16%
16
33%
17%
20%
*5%
103%
*100%
33%
33%
88 Va
17%
77
*116%
41%
16%
3,300
33%
20%
*101%
101V2
.
88 %
77
118
-
19%
76
•
17%
*49
5%
2,000
33%
17%
50
3,100
25
91
33
*88%
77%
*116y4
42%
*100
76
17%
*5%
60%
102%
41%
60
♦72
21
15%
102%
76
170
23%
82
*80
*72
2,000
120
103%
18%
82
77
60%
41%
*101%
*80
20%
16
59%
19%
82
33%
*49
118
103 %
19%
►101%
20
*80
90%
17%
5%
5%
X23 %
76
*88
49%
78%
19%
27%
82
33%
21%
*49%
103%
*101%
20%
*72
78%
20%
50
103%
*101%
23%
27
27
27
27%
20
20%
24
900
27 Va
119%
x23 %
24%
24%
122
121
30
6,900
5
23%
*27
26%
26%
26%
122%
23%
23%
23%
24 V,
26%
24%
27
20%
No par
125%
4%
5
*121
125
24%
26%
—
*123%
4%
125%
24%
26%
26%
27
124%
*101%
Gotham Hosiery
123 Va
4%
19%
-
4%
24%
24 'A
24%
*123%
124
103%
com—
123 Va
*19%
*123%
5
No par
(B F)
2,500
20%
20 Vs
preferred—
19%
123%
No par
$5
19 Va
5
Goodyear Tire & Rub com—No par
$5 preferred
No par
Goodrich Co
19'A
123%
26%
Co
19 %;.
*19%
*101%
Inc.:
25,200
5
26
Gold & Stock Telegraph
11%
20%
104
com
2.500
11%
123%
20
preferred
Goebel Brewing Co__
3%
11 %
19%
26
conv
X3 Va
11%
123%
*102
5
3%
11% ,11%
11%
5
com
13%
3%
19%
26%
7,200
13%
13%
3%
3%
3%
11%
.
125%
24%
800
*13%
19%
123
600
13%
*122%
1
/
96
i
4%
32,900
58 Va
122'A
96
No par
com
57%
122%
96
4
No par
u—20
58 Va
122%
95%
11%
5
Shares
t per share
share
57%
122%
58
122
24%
3%
—5
—No par
the Week
96 Vs
14
3%
5
f per
Sales far
Friday
Dec. 10
Dec. 9
13%
r 24%
13%
<
'
Thursday
*
13%
24%
120
500
96%
13%
3%
124%
107%
95%
1
13%
1
'
124%
*104%
122%
57%
58%
122
124%
95%
957/s
957/b
:24 %
common
Goodall-Sanford
122%
96
13% I'
10c
preferred
4%%
11
Feb
$4.50
Glidden
;
*122
122%
96
*13%
57%
58%
300
91%
91%
104%
104%
t per share
S per share
I per share
58
58%
Dec. 8
91%'
♦90%
91
HIGH SALE PRICE8
Wednesday
,
Dec. 7
Dec. 6
share
•
'
"
Tuesday...
Monday
No par
Co J
,39%
124
104
♦122
:
6,800
91%
104
t
26,500
39
39%
124
No par
39%
38%
*130
10%
105
57%
39%
39
92%
*122%
9 per
10
38%
39%
38%
39
10%
♦103
4
132%
39 Va
132%
39
38%
39%
*130
130
130
130
38%
38%
♦75
*91
39
92%
50%
preferred
preferred
3% %
3
May 18
55% July
6
64 % Oct
13% May
95
t
19
100
100
May
Dec
19
50%
preferred
98
22%
191/4
100
Instr Corp
Time
4%%
Nov
85
19%
jIOO
10c
Gen Tire & Rubber Co
81
30
19%
,.10
Telephone Corp
108
17y8 May
19%
10%
—':s2
Dec
90
19%
19%
Castings $6 pfd—-No par
85
23 y>
1,500
19%
No par
Corp
General Shoe Corp
13
19%
29%
39
com
Refractories..—
24% Nov
110% Feb
21% May
29
10%
preferred
Jan
95
29%
*91
Gen Realty & Utilities
Jan
70
75
29%
LOW AND
6% May 24
30% Jun 14
36%
4,900
78
75
291/4
Dec. 4
Cement
124%
9%
9%
*75
77*
291/4
Saturday
Equip Corp
Apr
1,200
75
100
Advertising
May
10%
30
L_——No par
101%
•
80
161
10%
9%
9%
9%
6,100
10%
*158
10%
10%
,
-160
4,000
105
10%
10%
161
♦158
10%
v
9%
10
10%
10%
159
10%
105
*101
105
-
46%
45%
*101
30
100
Gen Railway Signal com
6%
104 V*
"
46%
74
STOCK
Utilities
Public
104%
105
46
30
1
Public Service——
Gen
*104
46
100
74
No par
:
series—
Portland
General
Gen Precision
6,800
30
No par
Corp
$3.75
16%
74
No par
com
preferred
$5
16%
74
38%
common
Motors
16 Va
30%
Par
1
Dec
Feb
Mar
16
159
10%
9%
2,900
-16%
*73%
*19%
tper share
Jan
Dec
2% May
10
17
*29%
EXCHANGE
51%
94
Corp
NEW YORK
Highest
120%
65%
9%
5%
29%
16%
10%
10%
10%
5%
29%
Va
*101 %
161%
*158
11
1,800
5%
16%
17
45%
103%
9%
10
161%
*10%
9%
9%
♦101
103%
1,200
104%
*104
46
700
400
17%
17%
30%
5%
*29
30%
16%
,
1,600
40
13 Va
16%
6
6
16%
45%
STOCKS
Year 1947
I per share
*158
10%
*128%
preferred
conv preferred
Range for Previous
17%
17%
*29 y4
103 %
103
10
9%
50
100
3%%
97
9%
10
162
10%
No par
$3.50 preferred
Instrument Corp
13
10
*158
—No par
Co
General
40% Feb
♦101
103 %
*101
9%
*9%
17%
16
16%
16%
46
600
Xl6%
17
17
104%
3,900
40
16%
16%
6%
17 Va
6%
*13
16%
x45%
600
6%
17 Va
13 Va
6%
*103%
6%
6%
17%
40 V*
17%
17%
U0
6%
6%
••
40
30%
16 %
6%
6,500
*17 Va
>
*13
6%
46%
22
75%
n'A.
*29%
1,200
1,300
11%
21%
75%
41%
6 %
104%
*11
77%
13%
30%
16
8%
44%
41
6%
1,100
*8%
21%- 22 y8
9%
9%
il%
•n,
6%
9%
♦29%
,
i
*76,
.
17%
6%
11
10%
8%
350
1,300
25
100
-i
preferred
Electric
*6%
' 6%
26%
13%
6%
17
11
8%.,.
92
26
42
'
*13%
18%
-
30%
*103%
46%
No par
2nd preferred
General Cigar Co Inc com
•
Lowest
Corp. com
*18
18
6%
29 %
„.
0,
77%
*17 %
6%
17%
42
11%
*11
16%
*
5
preferred
conv
13%
13%
11
3,100
"a 230
92
*24
25
•
*76
9%
43
*13%
26 V2
1,400
30%
85%
30%
*85
44%
8%v
45
9%
9%
,
91%
26 V2
.21%- 22%.
6%
10
*42
•.
77
17%
10
6
-
100
3
May 27
9
—
General Bronze Corp
-43
34
—
6%
18
42
'-♦17%
1
Amer
144
87% Nov
com
General American Investors com—1
9
Jan
No par
Inc
*9%
-
10
*13%
_No par
Co
6%
*17%
.91%
♦24
22 V4
6%
6%
6%
.
6%
17%
42
50
11.66%
24
Aug
103
—
6%
6%
1
1
1
11% July 13
14% May
6%
5
com
Gaylord Container Corp
31% Mar 11
Nov.
76%
Transportation.-—5
$4.25 pfd series A—
—No par
General Baking Co common
5
$8 preferred.
!
No par
May 12
159% Dec
~
•22'/a
77%
50
24
X125
Feb
87
106
22 '/a
76
?,
-
86 Vt
11%,-
•
,
*8%
11%
11%
22
preferred
conv
*11-;..,'
*11
17%
11
10
Va-,;, 30%
85%
25
.
45
8%
.
44%
77
,11%
♦9%v
24%
24%
30
V
91%
*24 .V.
44%
••'
;.
26% ,-. 26%r.
i
11%
*8%
v
22
—20
Industries
Wood
4%%
30
63% May 15
3
Feb
%
4
18% May 15
105% Jun
28
146
May
Gar
8%
44%
87
v
91%
26 %
11%
11%
8%
.
25
22
1,
com—
(The)j.
Gardner-Denver
May 20
26 %
10
8% Feb
Feb
16
9% May 20
45
13
6
Jan
71
23% Jun
1
100% Jan
July
18%
11
Dec
xl6% Nov 30
Dec
185
30
5y2 Feb
28
Co
.
*24
♦75
*10%
1
(Robert)
17% July 21
10% May
Oct
(The)_—
0%
12
Aug 19
48% Aug 19
8
Dec
Dec
5
9
23%
9%
Gair Co Inc
Jan
27
Feb
11
Gabriel Co
20
91%
10...
-
..26%
100
preferred
Nov
Feb
149%
4%
91-
■,
1
common-
12% Feb
Feb
Dec
102
4
86%
25
44%
44
24%
-
30%
88
26%
*11%
8%
44
.
30%
87%
92
*24
11%
8%
_1"
30%
26%
24%
11%
.—No par
preferred
Gamble-Skogmo Inc
5% conv preferred
9%
Dec
Aug
10% May 22
10
43 y4
X101
5
10% May 21,
2
Jan
58%
Co-
Franklin Stores Corp„—-—
Fruehauf Trailer Co
22y4
Apr
22
*9%
*
87%
92
26 %
25%
*24
84
14% May
4% July
Nov
Francisco Sugar
May 15
93%
*91
25
—
12% May 18 :
18
26% Aug
14% May
48
6% prior preferred—
25%
v
9%a- 10v,:.
30%. -
-A
31%
*86%
x24%
26%
25%
9%
31-
..
87%
86%,
100
9%:
31%
31%
..
-—100
common—_10
Corp
24% Jan
Feb
21
17y*
•
47% Oct
3%%
Corp—10
17% Mar 12
9% Dec
100
10
conv pfd——
preferred
3%%
Foster-Wheeler
9%
9%
J.—1
Chem
&
Freeport Sulphur Co—
—10
Froedtert Grain & Malting Co Tnc_l
39
12%May
16% May 21
12
Machinery
74
103% Mar
17%
Food
26
10
Corp_..
Food Fair Stores Inc
21
24V2Feb
32%
Steel
Follansbee
't
'
3
May
5%
»;
Dec
8y8
Oct
8% Mar
Nov
10
5% Feb
17
3
-
2
8% Apr
23
Granby
20
Grand
15% Aug :o
1
18
Oct
18
35
Oct
Graham-Paige Motors
1
5
Co
(The)
new
6%
16%
16%
3%
3%
12 % May
21%
Oct
Feb
Dec
33
Jan
23
90
Dec
107
Mar
89
9
May
14%
Feb
Dec
37%
Feb
29
17
Sep
12% Jan
23%
28
:, 12
Dec
34% May
Dec
20
<
t
133
Dec
May
59
29%
Oct
14%
Dec
49%
Feb
27% Mar
163%
70
Jan
Feb
11
6%
;
6%
6%
6%
16%
16%
16%
16%
29%
29%
29
29
6%
,Nov 30
22
Granite
City
31
May 26
Grant
99
Jun
15
14% Sep
2
3%% preferred
Grayson-Roblnson
(W T)
8
Mar 27
36% Feb
19
11
16% Dec
10
Feb
27
132
60
40
July 14
15% May 21
50% May 15
23% Jun
1
145% Jun
17
Apr
10
77
Jan
27
35% Aug
29% Feb
21
40"% Jun
9
21% Mar
13% Sep 24
July
92
Dec
12
105%
17% May 17
Dec
10
Feb
5
13% May 17
Feb
91
NoV
9
98
16% Nov 30
4%' May
78
May
8%
Jan
5% Mar
9
Jun
4
25% July 12
9
Jun
14
Dec
85
14%
Feb
12% Nov 24
20% Jun
23
51
Dec
44
57%
Apr
76%
13%
Dec
16%
For footnotes see
Feb
7
97
July 21
Feb
10
58% Jun
16
Dec
57% Feb
10
81
21
Sep
14
page
5
Co common
29%
29%
29%
100
Stores
com
23%
241/4
*24
24%
24%
L)
i_No par
42
42%
42%
Sugar com—No par
•18
181/4
18%
pfd
Co
100
Corp
100
!*71
139
'137%
*12%
12%
12 Va'
♦32%-
34%
<*32%
34 Va
32
14%
15
)•'
14%
14%
43
18%
18 %
xl7%
17%
139%
•136%
139 Vi
13%
13%
93
23.
Jan
2
Jun
18% July
9
*71
*13%
13%
36%
13%
13%
Oil
Corp
13 34
13%
10%
10%*'
10%
10%
10%
92%
•91%
92%
92%
92%
x91 Va
91 'A
19%
19%
19%
19%
Xl8%
18%
17%
18%
5%
5%
6
*94
94
94
3
14%
14%'
■
No par
49%
49%
50 %
50»/4
r.
25
68%
68%.
68%
69%
"t"
16 %"
16%)
16%
.17. vZ
No par
.
,
;m14%
5%
5%
94%
i
14%/
*94
)
14%'
6,900
18
18
21,900
150
91 Va
*90
.*94
94%
.15
88% ('69% 1
f 68%~
;il6%-<
lT'/a
»
1
94 Va
*94
;i7 )'■
,
20
12,900
15%
14%
15%
50
50%
:
a.ooo
1
12,800
„
■
.
.1,300
5%
49%
.49%
69%
16%m47
;
5%'
6
*5%
6
94%
15%
50%
*
600
"
"
f 49
.'51%' r51 %/
300
2,200
36%
10%
10%
14%
7,600
14
*91%
94
6,700
17
♦13%
10%
14%
42%
136%,
36%
92%
19 y4.
200
8,100
xl0%
10%
800
14%
36%
10%
19
•
74
*71
74
"91 Va
6
preferred
16%
136%
36%
13%
10%
17%
137 %
*71
74
36%
36%
1
42 %
43
42
*1^6%
3
*5%
Gulf
J,
36%
<
14%'
100
10
'93%
Sugar common
Gulf States Utilities Co
43
—
-1
$5
93
42
74
♦71
1
190
32
14%
400
12%
34%
42 %
Corp__No par
$5 conv preferred
No par
Gulf Mobile & Ohio RR cora.No par
Guantanamo
12%
36% ' '
I
95
12%
*138
74
Corp
*92Va'
*92%
18%
*36
preferred
2,200
'■
44
139
*71
13%
24'A
14%
36%
:
1,100
X24%
12%
14%
74
(The)
Aircraft
*137%
16%
27%
*32%
93
12%
36%
Inc
Tap & Die
»
:
93
6 Va
27 Va
94
24%,
24%
24%
24%
27%'
*16%
24%
*16%
12%
♦92 %
*32% '34%,
14%
Common
4%%
Grumman
35
93
14%...
preferred
Green Bay & Western RR
(H
*12%
14%
7%
Greenfield
12
No par
Gt Northern Ry 6%
Green
93%
12
Prop—No par
Gt Northern Iron Ore
Western
93%
♦32%
$2.25 conv pfd
Great
1
•
95
6% May
31% May
No par
'
Nov
9% Mar 16
Greyhound
9
Steel
6%
16%
28 Va
6%
16'A
29%
3
3%
3
3%
6 Va
3%
3%
*16%
6%
10
Consol M S & P
Union
3%
3%
3
'
t
=
'*
5% Jan
69%
68%'
68%
•
17'A
>16%,
17%
10,700
COMMERCIAL
THE
It ' (2446)
YORK
NEW
STOCK
Monday
Par
S per share
$ per share
$ per share
Dec. 4
S per
$ per
f per
S per share
share
for
Sales
Dec. 10
Dec. y
Dec. H
share
Friday
Thursday
Wednesday
Dec. 7
Sper share
PRICES
SALE
Tuerday
Dec. (i
I per share
HIGH
AND
LOW
STOCK
YORK
Monday, December 13, 1943
RECORD
Saturday'
.
EXCHANGE
Lowest
Highest
share
NEW
Bange since Jan. 1
Highest
Year 1947
t per
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
the Week
Shares
share
H
32'%
Dec
14
Jun
13
Dec
19
Dec
112
Feb
31
Jan
87%
Feb
39
Jan
19%
10
12%
Dec
9
79
Feb
Mar 22
102 y2
Dec
108%
Sep
xlOl % Feb
Apr
27%
Dec
21% Feb
x
160
Oct
22 % Dec
Dec
Jun
10
9
6
Dec
}00'% Apr
9
4
Jan
5
79
6% Feb
6% Feb
10% Jun
11
11
4% May
9%
Oct
25
Dec
35%
Jan
22
May
30%
Jan
90
Dec
103%
35
May
42%
Apr
Feb
x95
Dec
11
11 % Jun 10
July
26% Jan
20% Oct
28
27% July 12
78
Jan
27
91
Jun
25
x32
Dec
8
42
JaU
2
95% Jan
23
103
17
24% Nov
30
34% Dec
108
10
22% Nov
•
6
35% Oct
29
22 % May
Mar
X20
5
May 28
14 y2 May
22%
Feb
13% Nov
10
50 «/4
Sep
63
Feb
41% Dec
9
57%.Apr
Dec
Feb
21
128% Feb
2
25% Oct
16
30% Apr
10
126
134
Mar
Dec
38
Sep
118
Oct
134
20
Sep
29 y2
Sep
121
Jan
17
Nov
26
22 V2
Jun
14%
Dec
6
2
Mfg
Hayes
12% Nov
21 % Feb
20 %
Oct
10
17
25
Jan
15% Feb
28
Nov
3/7
30
Jun
3%%
Heinz
3.65%
Helme
preferred
(G
1%
W)
i3
700
*12%
12%
12%
*103%
22%
23 V*
22%
23%
23
*5%
23
23%
-5%
53/4
*62 :,/4
64
*5%
*62%
Hercules
Motc-rs—
12
29 % Nov
22
42% Feb
24% Nov
26
35% Jun
99 % Dec
9
99% Dec
10
Hewitt-Robins <Inc_——;
Hotels Corp
&
Co
Dauch
(C
11% Nov
22
18% Jun
9
5%.
Hooker
1
2nd
32
Nov.
18
46 % Jan
14
28 '/4
Jan
Oct
27
Nov
10
34% Jan
2
85
Dec
105%
Sep
81
Oct
19
94% Jun
7
37 y8 May
45%
Jun
38
Mar 12
Oct
25
Houston
16%
Jan
28%
Dec
20% Feb
38% Jun
10
Houston Gil
20%
Dec
29
Feb
49
11
3
23
Jun
31
47
Jun
29
8
Dec
13% Mar
3% Sep
8% Sep
43% Feb
34% Jan
Feb
14% May
28
20
21.% Oct
12% Dec
30
10% Dec
30
27
Feb
10
19
5
98
*97 %
99
xS8
93
*97'%
99
223/4
22%
*22%
23
34%
34%
*34%
35
143%
14%
14%
14%
14%
43
43
43%
423/8
4274
123%
*122'%
123%
.<
5%
26%
*10%
12
31%
31%
30%
*26%
27%
26%
of Texas
12%
32%
29
700
29'%
1,000
82%
84
45
3/4
45%
45%';
45%
4574
2,000
30%
2974
30
29%
3072
10,100
15
11%
6.66%
—_
33%
29 7»
83
*13
44%
7%
6%
634
12%
11%
13%
47% ' •;
47%
4734
13%
13%
13%
13%
11%
,
11%
11%
11%
2%
2%
*
133/a
!
*14 7a
,15%
*
147a
1,100
42 %
43
1,700
678
44
43%
7
6%
6
7a
7
29,900
12
12
*11%
12%
47 s/8
41 Vs
477a
47%
46 3/4
467a
2,700
13
,
..
13%
12%
13
127a
127a
12,700
107a
11
2%
j
.v
2%
2%
«
*13%
10%
13%
10%
2,500
2%
-
2%
1372
ll3/«
1,300
2V4
7,400
13%
1034
2%
13%
12
*11
*13%
2%
13%
2%
*13
*14%
190
'
8
12%
13%
.
15%
43%
4734
11%
2%
————1
*34
44%
13%
Inc
33
297a
15
13%
—*
34%
44%
153/a
43%
-
800
610
4,100
83
45%
313/4
15%
•
12
-
29%
x293/4
■
.
6,700
2774
99%
11%
-
.
821/4
46
12%
ll3/4 •" '
27%
9974
277a
99 %
11%
34 74
31%
47%
31%
307a
31
30%
293/4
46
12%
900
82 V*
34
46%
47%
,1,900
27%
*29%
34%
32%
preferred-,——100
207a
27 y2
117s
46
7%
207a
99%
31
.7%
200
207a
2772
21 Vb
31
.
11
*10
10
*20%
*2774
.
46
7
Hussman Refrigerator Co—No par
1
>
—
45%
Ne,par
10
10%
11%
11%
83%
15
Corp
xll%
83
43
Foods
27
29
15%
Hupp
31
27
—
34%
43
Motor Car—
30%
83%
15 V*
non-cum
1,500
2,900
303/4
27%
100
13%
26 »/2
207a
•
31
131/2
267a
27%;"
•
*3072
31
2,100
13'/4
29%
1
100
10
2674
20%
.
*9 7a
97a
13%
27%
29
43
—
1,400
3,700
257a
*84
—.—5
,
*30%
*10
33 %
*82%
1872
78'%
*78
13%
10%
•
*
170
20
19 74
.
-
1,500
■
26
27%
28 3/4
,
•97a
21
33%
>,
28%
13,
10
*25%
12%
.
*1778
r
19%
20
257a
1177a
78%
*83%
25
Corp—*—,
Co——
13%
12%
12%,
19
257a
*11672
187a
18
123
*12172
/
26
117%
*78
27
*27...
r*
700
7,000
193/a
31
31
31%
30%
.
26%
•
No par
t c—
v
31%
'
13%
42%
78%
9%
10
*273%
par
.100
;
■f
1374
42%
123
257a
20%
28
50
14
117%
18%
500
>
42%
*122
10%
22
27%
•v
19 %
*78
40
22'/Z
35
*3474
*
9%.
26%
11%
21
:
19 3/8
22 72
22%
41%
26
9772
97 72
.35
xl4
II73/4
18%
19
*13
,
22%
35
*117
78
*30%
31%
13%
—5
Light & Power
Hunt
16
13
23
35
26
18%
'•
26%
26
119%
19
.
10
*30%
*22'%
*34 %
.
78
18 3/4
78%
9%
'
26
117%
19%
19
18%
*78
27%
Hudson Bay Min & Sm Ltd—No par
14
26%
118%
21%
—No par
—
123 %
.26%
118%
/
& Manhattan common-.100
Hudson
124
124
"
27%
32%
Stores
x42%
Hudson
4
14 3/4
-
12% '
*28%
Howe Sound
Apr
8
May 17
14% Jun
98
,-12.50
com
preferred
Howard
3
Nov
22% Jufl
10
2% Nov
12 % Sep
50
209
21%
Co
preferred
conv
3%%
7.
20
32
31%
—*.—50
$2.25
*0
82
*30
26%
Household Finance com-*-—No par
7
Jan
14% Dec
33
*78
32
30
Mining
Electrochemical
900
82
*9%
*10
5
r.
2,900
*30%
—10
pfd series A $4.50 div_No
Houdaille-Hershey
9%
26%
preferred-—
80
22 %
22
32
18 %
*30%
& Sons—.
(A)
:conv
22 74
22
83
78%
*12%
_s
*21%
21%
*80
18%
18%
5
—
Co—.—
2274
22%
x32
26%
1
The
2i%;
22
*21%
83
118%
Co-—_*__10
Paper
El
furnace
8%
21%
6,700
32%
125
18%
—_5
_
8%
8-rs
21 %
87a
8 1/4
r
*80
'
*78
100
800
*31%
26 %
/.— 1
110
8
*774
21%
8%
22%
*
400
59
32 %
22%
123
5
—1
Chemical Corp—+
cum preferred
3%%
1,200
572
5 72
59
62%
59
84%
35
117
22 %
22 VB
f
5%
32%
14%
100
23
*53/a
8%
8%
*82
44
Homestaice
24
22%
*34
No par
23
io
33 %
84'%
-
14%
—
60
98%
*82
43%
preferred _!
149 %
7 3/4 '
21%
22%
.—No par
5%
*147
7%
8%
21%
$4 conv preference—.--No par
147
73/4
21%
21%
Hercules Powder common—--No par
Hershey Chocolate com—
7 3/4
8%
21
new„25
1,800
64
7%
8%
*97 %
preferred
2372
105
'
V'/s
21%
*21
23
5 %
7%
8'%
.
23
23%
7%
21%
8
23
147
5%
64
*623/4
64
80
*104
23%
23%
5%
140
80
105
.
147
147
148
80 %
80
*104
80
105
23 v4
127a
12%
12V2
13
80
22%
*147
148
*147
*12%
*104
80%
104
104
104
12%
12%
*80
80 %
80
148
*32%
Holly Sugar Corp——
25% Nov
Jan
900
23%
25
common
non-cum
Hollander
28
29% Oct 25'
Dec
7%
8,000
1278
23%
.
100
new—10
16% May 17
Jun
3% May
187a
127a
104
*62 %
—*—
30% Jun
36
7% May
18 1/4
12%
*5%
-—100
30
48
May
12% May
15 y4 May
183/4
1272
5
Co common
14
Jan
33
1874
12%
*23%
/~15
Holland
Nov
7%
18 %
*7%
,
preferred—*—.
(H J)
Hires
2
Co
29% May 20
5
-
35 y4
May
Xl8
13
32
-2
Glass
Hecht Co common
Hlnde
1
25% Jan
1
Mar
2'
30
3
183%
13
32
1
Corp
Hazel-Atlas
Hilton
Dec
38% Mar
'147
-
*3172
18%
13
12%
23%
100
Marx———10
&
100
32%
18%
13
*31%
81
*103%
com—No par
Hayes Industries Inc
14% Jan
Jan
31% May
Refrac
preferred
17
Nov
Feb
12%
*80%
Corp of Amer class A—■— 1
4'%% preferred
100
x9% Nov
33
36
.-No par
Hat
Heyden
31%
56
A)
32
*3172
32
*31%
18
13 %
32
17%
*13
_6
32
17%
*31
Cementing__5
Co—-
~—»—100
Co $4.25 pfd__No par
Schaffner
Hart
28% May 20
25
x29 Vb
Feo
(M
Harbison-Walk
6%
26
_
Well
preferred
conv
86% Jun
Jun
19%
4 '/<>
Hanna
7
Apr
13 y4 May
44
Dec
Fi
Hamilton Watch Co com
Oct
•
21% May
14 y4 May
May
27% Jan
13
29
78
10%
21
,
123% July 27
Mar 22
114
17% Nov
29%
(W
•
Feb
12
May
59
28
.7% Jun
*
75 y4
12
Jan
34% May 15
27
Feb
14 % May 21
150% Jan
10
5% Nov
Jan
10l/4
Printing
27% Jun
146% July 30
Jan
39%
28'/4 May
6y< May
Oil
Hall
1'07
24
148y2
Water
Halliburton
89
10
19'%
Hackensack
15
22
35% Oct
9
12% Nov
15
22% Sep
16 % May
10
15% Nov
13%
800
'
'
,1
Range for Previous
STOCKS
Year 1947
Lowest
t per share
NEW
Range since Jan. 1
Highest
Highest
S per share
Lowest1
$ per share
LOW
STOCK
YORK
,
.
Saturday
EXCHANGE
*
I per share
Monday
/,:
.
.
./
Par
1 per share
May
37 y2 May
39% Aug
30% Aor
32%
Dec
27% Mar 16
42% July 14
64%
Dec
62% Feb
90
6%
Leased
RR
27
35% Jun
11
24
93
Jan
97
Aug
95% Mar 16
July 13
97% May 17
15
Jan
26%
Dec
24% Jan
22
37% July 12
26% Aug
11
"'
7% May
11%
$ per share
.
30
May 26
Idaho
Co
Power
Illinois
$ per
20
Central RR
non-cum
Illinois
32
31%
317a '
30
30%
30%
30%
pfd ser A__100
conv
lines
stock
♦31
commoq_100
*83
85%
*82
98
*96
Co
4%
clfs
Power
—
100
*96
A—
series
1000
*26
Co
-No par
27
.
169
17
Dec
'
33
Apr
12 Vb
6%
May
Sep
100%
Dec
3
May
9% May
27%
27%
273%
9% Feb
11
12 Vb Jun
3
Illinois Terminal RR
Co———5
*9%
10
*93/4
10
30
25% Jun
9
20%
203/4
15% Jan
28
*7%
8 Vb
8%
Feb
10
56
Jun
3
Industrial
24
76% Jun
11
50
Dec
180% Feb
42
Oct
17% Nov
8%
39
150
Feb
Jun
25
34% Mar 10
47% Nov
1
15% Feb
11
21% May 27
6% Feb
11
8% May 24
Feb
10
8
160
23% May 15
108
Mar
Nov
20
7
Feb
1% Nov
12
3% May 18
15% July
11% Feb
11
16% May 24
92
103
Jan
8
6%
Interchemical
4% %
10%
34%
Oct
96
Jan
Iron
155
1
Int'l
Business
x34%Jun
11
Int'l
174% Jun
11
5'/a Nov
26
9% Jun
24
23% Feb
11
38% Jun
9
74
Feb
9
5%
Feb
3 % Mar 16
Dec
36%
Feb
24% Mar 16
Dec
9
May
104
Dec
46%
Apr
37%
Jan
Jan
2
59%
Oct
42% Mar 17
Sep
86
16*
Feb
Feb
6% Nov
28
24
93
5 %
Nov
Jun
139% July
64% Jun
99
14
3
May 20
34% Oct
23
159
1
*7%
5
*13%
*92%
94
8
13%
*92%
93
92%
;
92%
*17%
*73%
14
'
1%
13%
Int'l Hydro-Electric
Int'l
Minerals
4%
Sys class A—25
preferred
Nickel
100
May 20
—x.__
1
27%
165%
lO'/aV
—
430
27
267a
-
■
5,400
13%
*91%
I
8
9%
1,300
207a
9%
207a
;
8% '
,
207a
*8
,
,
4,300
8%
40%
41%
4072
65
65
63
65
*153
159
*153
700
41
65
159
42%
427s
427a
177a
17%
8
v-
8
137a
137a
93
*91
.
177a
8
8
1,700
43
17%
48
17'/2
2,400
'•
8.500
1,200
•
8
900
137a
92
14
92
137a
92
30
2
2,100
4,300
5%
53/4
27%
28%
*71
•
;
.
30%
52%
51%
93
93
93%
*7
7%
57%
57%
57%
58%
58%
34
34
34
34
34
*55%
25
*33%
4
35
Mar 31
16% Jun
24
29
16% Jun
24
17% Mar
9
22% Mar
26% May 27
1
35% Jun
Nov
9
39% May 20
137% Jan
16
29
145
14
May 25
1%
preferred
International Telep & Teleg—No par
Foreign
share ctfs
Interstate Dept Stores
Intertype Corp
-—No par
6%
67B
6%
152
2772
1,800
28'A
18,900
16674
166
1657a
2,700
151
150
27%
310
68
29%
*138
50%
507a
94
*93%
67a
67a
572
■
,
,
75
307a
94
67a'"
67a
100
41
*401/2
41%
40 72
40%
1.400
*57
>
583/4
59'/2
*57
591/2.
58
58
*33 %
,
69
*561/2
34
*33%
34
*331/2
978
9%
9%.
934
9%
93/a
97a
20
20%
20%
26
27
27
33
x22
32
142
145
*142
145
xl45
1,600
*67'/8
59
68
934
33
67a
63
*567a
68
9%
145
.
500
59%
9%
20
20
13,900
51'%
94
9%
33
23,500
5074
*9%
26
2,300
297a
*138.... 139'%
r
9%
20
33/4
94
9%
26%
3,500
74 7a
50%*
9%
33
2,300
374
■
139%'
9%
*19%
572
26'%
297a
3% *
9%
*26
r
' 2572
*67
53/a
271/8"
93/a
50c
preferred
13%
/ 13
9%
No par
common
2
17a
13
*9%
l
Island Creek Coal
$6
No par
*93%
41
25
26
50 Vb
933/4
41
43
Mar
51%
933/4
37a
303/a
41
*57
*67
139'/a
40%
40%
8% Nov
30
*138
40%
*40
8% Nov
30%
138%
50%
„
267a
37a
\
30
93%
57a
75
3%
*57
68 %
5%
*67
3%
58
——No par
30
165
27
68%
Shoe
Feb
52
5%
x27
68
International
Feb
'
5%
28
58
12
17%
27 7a
6%
Jan
17%
151%
273/a
165 ;(4
59
45
common
152 3/a
68%
22
International Silver
1%
13
27
6%
39% Nov
65% July 12
152
2
13 »/s
165
.
27%
166
68%
Dec
Mar 12
13 VB
138%
30%
52
,
3%
138
i_15
:
% 17s
I;
75
*68
33/4
138
—No par
preferred
5%
27%
75
30
138%
45
5%
5%
*3%
30%
Int'l Rys of Cent Amer com—No par
1643%
28
*68
3%
59
29
5%,
27%
77
3%
68%
107% Jan
■"
152
27%
.
166
2
13%
'
137%
Co com
152
27%
*165%
com—No par
—
Paper
preferred
152
27%
!
,_100
International
$4
Corp
of Canada
1
July 22
5
com
152
153
27%
165%
Chemical
&
International. Mining
Int'l
150%
No par
—_100
common—,
*57%
Aug
14
1%
100
158
14
13%
No par
Oct
423%
1
8
1%
Salt
Feb
8
13%
International
26%
•
159
*153
,
8
1%
2
27%
17%
13'%
Jun
Apr
43
17%
1%
64
May
2774
41'A
41
*63%
:
42%
17%
13 %
7
19
J
,
159
43%
17%
8
24
20
*153
42%
14*%
,——100
*
,
:
17%
*———No par
Machine
No par
preferred-
Preferred
9% May
Jan
7%
2
9% May
143%
*153
•42
17%
Dec
Oct
9%
20%
8%
159
41%
68
Feb
93/4
207a
8%
153
20
52% Jan
63%
93%
20%
8%
100
Feb
40
9%
20%
8%
64%
Feb
32
*93%
41%
common—
•«
20%
V
8%Y
633/4
j
•
'
58%
40% May
Jun
135
107%
116
27>/s
Rubber—No par
Harvester
18
Dec
38% May
27'/4
41%
preferred-*
Interlake
10
Oct
3%
Dec
267s
64
Intercontinental
30
160
25%
137
2674
27 Vb
200
98
27
3,800
12,200
'
Feb
22 % May
76
Dec
*95
*257»
42%
Corp
26% Nov
May
98
2674".
64
.—No par
84 7a
*25%
42%
—
98
•
297a
84
-
*95
63
Insuranshares Ctfs Inc___
125% Feb
Jun
94%
Shares
327a
297a
2
84
26 74
-
42%
Consol Copper—
*94
32%
30
*82
2534
98 '
63
Steel Co.
85
32
29%
30%
*82
,,
"3174
31%
29%
26%
42
—
31
,
85%
1
preferred
Inspiration
30%
common——No par
Rayon
Ingersoll-Rand
Inland
31%
*96
20%
26
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—_
20%
7% Nov
186%
130 % July
r':
27%."
20% Nov
Dec
6
for
the Week
1 per share
26%
Dec
13% Dec
163
Sales
Dec. 10
Dec. 9
$ per share
share
•
*83 '
98 "
58 % Nov
'
$ per
share,
Friday
Thursday
Dec. 8
293/4
^27
26%
,
Jan
30%
Jan
x35Mj May
-
PRICES
Wednesday
<31%
J
85%
July
Dec
12 Vb
SALE
St
'
May
18 Yb
x21
HIGH
Dec. 7
1
30
AND
Tuesday
;
Dec. 6
Dec. 4
■V
-■
20%
27
*143
■1"
*197a
34
300
97a
•65,200
9%'':
900
.
20
27
*30
500
20
*26
20%
*26
9%
*93/a
•
360
27
26
26
400
307a
31
31
800
*143
148
30
307a
148
*143
143
700
2074
"
b
6%
Jun
19%
Dec
80%
Dec
39% May
89
37
108%
24%
Dec
13%
Feb
24% July
104%
53
Feb
Jan
104%
Sep
Jun
46%
Oct
Dec
125%
Oct
Sep
34% July
98
Dec
112
Jan
145
Dec
151
Dec
27% May
86% Dec
25%
Jan
39
Feb
5'/a Nov
24
18% Dec
3
82
May 15
39% Feb 18
10
May 27
23% Jun
14
92% Jan
30
48
May 28
89% Oct
27
33 % Sep
100% Feb
20
42% Jun
11
11
113% Jun
9
20% Feb
99% Oct
145
Jan
19
Feb
Oct
30% Nov
Oct
28
3%%
Johns
11
Joliet
39% Oct
23
Jones
93% Apr
43% Jun
16
1
4%
5%
Joy
No par
com
preferred
—100
5%
5%
5%
5%
5%
83%
*45%
46%
*93
93%
37%
'103%
*18%
19
83%
100
Johnson
5%
5%
53/B
5 7a
18 3,4
*18 74
18%
82 72
8272
5%
46
46
57a
5'/4
3,700
'
*18
No par
com,
preferred
Johnson &
May 21
Jun
3
l
Mantfille Corp
3%%
106
6
Co
*
158
,
L)
Jewel Tea Co Inc
28
83 % Feb
40%
35
May 11
(F
Jaeger Machine Co
—No par
Jersey Cent Pwr & Lt 4% pfd__100
29
29% Mar 16
101%
99
Jacobs
37%
107
■/
19
19
19
*83%
84
83
84
45%
46%
45%
*93
93%
37%
*92
83
83
46%
x45
45
93%
*93
93V2
38
37%
37%
105
105
*18%
*103%
106%
.
37%
105
*93
377a
37%
105
*10572
*18
.
82 74
*45
-
93'%
9372
18%
200
82'/4
180
46
400
93%
30
37 72
33
8.000
*10572
37%
107
107
1.000
~
common
12%
*30
303/4
30%
303/4
2nd preferred series A
100
*98
99%
*98%
993/4
Chicago RR stamped
100
& Laughlin Steel com—No
par
'153
&
preferred series A__
Manufacturing
Co
22
100
86
1
;
34
160
32%
86
*34%
160
*153
32%
*84%
'34%
33%
86
*31
32
313/4
31%
32
99
100
100
*99
101
*99
*153
160
*153
160
*153
300
101
160
160
32%
*84%
32%
86
327a
*84%
*31
32
32
99
*153
317a
32 '/2
317.
327a
85 «/2
*8472
8572
*84
347a
3574
35
12%
12
91
91
35%
34%
35%
34%
35
13%
12%
13
123/a
12%
.230
32%
85
11,100
1,200
.
3572
9,400
12'%
1,000
-t
K
14
Jun
94
Deo
16
22%
Feb
108% Mar
12% Dec
x89
Nov
8
9
21
98
May 20
May 11
Kalamazoo Stove & Furniture
Kansas City Power & Lt Co—.
3.80%
4%
May
29%
Dec
23% Feb
11
48
Oct
22
22
47% May
58% July
48% Mar 12
60% Jun
13% May
20% May
13% Jan
18
Nov
13% Dec
9
26%
Feb
20% Feb
20
21%
Oct
16
29
18
May 22
26% July 13
22 % July 12
For footnotes
see
page 28.
Nov
Kansas
4%
preferred
(Julius)
preferred
&
B
conv
par
100
Co
Kelsey Hayes Wheel
Class
100
City Southern com—No
non-cum
Kayser
1-100
preferred
cum
'
10
13
*90
*97%
13
*13
91
*90
98 %
•
39
40
53%
53%
*90
91
*90
91
*97%
98 %
*97%
98%
*97%
981/4
*9772
39%
40%
39 %
39%
39%
39%
39 3/4
40
53%
53%
531/2
537i
53%
53%
15
15%
A_l
23
23
23
23
*22%
23
17%
16%
16%
*16
16%
i
*16%
%V
91
5
class
...
*15
15%
15
15%
53 7a
15
*21%
16
*12%
92
98'A '
*97 72
39 72
92
9874
40
160
,
4,800
54
1,200
14%
14'%
1,300
221/2
*21%
2274
2174
21%
300
161/4
167a
1678
16%
16'%
1,100
53%
15
13%
15
*53
i
Volume
THE
Number 4759
168
COMMERCIAL
Range since Jan. 1
Highest
Year 1947
$ per thare
$ per share
42% Feb
13
60% Oct
23
Kennecott Copper——".
30
51
Apr
20
Kern
i> l2'/e Dec
1
16% Oct
20
Dec
27%
Feb
; 19
Feb
116%
Feb
92
Oct
27
11% Feb
19
113/4 May
20
Feb
65 %
85
Jan
Jun
25
90
38%
May
Dec
v
63
Oct
34
Jan
40
59
523/4
Oct
7
4% May
9
Dgc
10
Feb
56
Jun
39% Jun
13
12
Feb
11
;5% Dec
Feb
-
Oct
12;
Oct
56%
May
21% May
95
Feb
Feb
21% Dec
Apr
93% Dec
Feb
10
Feb
11
30% Mar
47
3
12 y8
30%
101
Dec
9% May
29% May
Lambert
Lane
Lee
Jun
44 y2
Jan
8%
Feb
4% Mar 16
8% Jun
l5/e May
14% May
3J/4
Feb
1% Jan
25%
Feb
9%
5%
2
19% Mar 30
.
&
(James)
x21%
21%
21%
95
96%'
96%
x96
96
95%
95%
13%
*13%
14
*13%
13%
13%
*65
66
*65
66
65
65
32%
31%
31%
*12%
13%
66
13%
*65
31%
32
32
90
90
90
90%
90%
90
90
*89
36
-
36
;
42%
5%
.
36%
54%
*54%
42%
42%
5%
-53/4
5%
183/s
-
18 %
103/4
10%
10%
43
43
43
1
*26
27
*36
38
*22%
23%
*91
93%
*25%
18%
26% July 12
25 3A
25%
.
36%
*35 %
*22%
23%
*24'A
24%
*91-<
93 %
*91
93%
10%
10%
37
10%
37%
38 %
37%
5%
3
23
22%
$3
1st
non-cum
preferred_.No par
pfd
No par
(The) _v.—-1
19% May 12
10y2
Dec
24
Jan
X<4
*0
Lehn & Fink Products.—
May
25
Feb
16% Feb
20
26% Jun
14
Lerner
43 % Dec
50c
Corp
23%
*23
.
2nd
non-cum
Lehman
*8%
23
8%
8%
44%
55
42%
35%
5%
36%
4,600
500
2,400
5%
5%
6,700
10%
18
5%
5%
18%
18%
1,70(1
10
2,100
10%
10%
10%
42
42
*42 V4
43%
20
25%
26%
*26
26 %
300
36
*357/8
36
300
*25%
27
*35%
36%
*35%
24
24%
X23 %
93%
*91
10
23%
*91
-
2,600
43
*42
,
6
18
5%
18%
93%
10%
10%
10%
1,400
38%
38%
38%
38%
38 V*
'
10%
38%
3,300
1,300
5%
5
5%;
5
5%
5
5
3,800
3
<
3
3
2%
2%
2%
3
4,200
22%
22%
*22%
*8%
8%
43%
43%
*9%
9%
9%
9%
9%
9%
21%
21%
21 %
21%
21%
21%
21%
44%
48%
45%"
45%
22%
22%
22%
'
*8
44%
700
;
8
8
8%
44
44
9%
■i
22%
8'A
8%
43%
8%
44
23%
93%
10%
43%
43 %
23%
*91
10%
i
—_5
54%
42%
38%
2%
56
55
10%
5
2%
1
70
110
*
10 3/4
5%
19
May 15
43
.*42%
103/s
;
36%
42%
5%
6
6
18
10%
10%
-
27
36
35%
5%
300
1,400
90
*89
90
110
'
6'A
18 %
6
*42
96
v
6
18%
*10%
*95
*54%
42%
55 *
42%
5%
5%
5%
"
5 3/4
36%
36%
54%
54%
42
5%
36'/a
42%
36%
*54%
41%
*18%
,
.
32
37%
25
•
31%
5%
5% Jan
;
32%
543/4
Shares
13%
66
-
3
413/8 Feb
,
22-%
37%
Feb
1,600
2,900
22
2%
3/4 Feb
21%
22%
5%
50
Jun
21%
*13%
Lehigh Valley Coal com—
38y8 May
21'A
13%
Lehigh Valley RR__,_——50
24
13%
*13Va
31%
■
-
Sons Co com_j<___3
&
*13 %
13%
32
-5%
-
cumulative preferred.^.lOO
3.85%
1,900
13%
41%
13%
*65
5
;
Tire————
8,600
41%
41%
41%
95
13%
41%
Lehigh Coal & Navigation Co__
10
Lehigh
Portland
Cement."l— 25
43/4 July 12
9
Co__
Rubber
Lees
Jun 16
13% May 22
383/4 Oct 20
4% May
30%
r—4
56%
41%
36
Bryant common....
No par
preferred ———.—50
Lane-Weils
6
May 18
99*
Light,Co_—
56%
13%
>
:65
*54r
No par
0% pfd—35 Pesos'Mex
(The) i— —No par
Co
57
*89-
4%%
263/4 May 28
1
Gas
Consolid
La
5
56%
%
41
41%
32
—No par
the Week
*13
■.
94%
.64%
Sales tor
Dec. 10
I per share
41%
22
*12%
.
__10
(SH) & Co—.i,
Laclede
4
Mar 24
14% May 15
Mar 19
35
i
100
—
Kroger Co (The)
53% May 17
1
22
'.—10
common—
...
Kress
22
Apr
24
257/a Aug 12
38
3
8
Oct
6'A Oct
1
20
93/4 Mar 12
42
Co cpmmon__.__j._l
preferred
Kresge (S S) Co_—__
49
18
R)
4%
..
58% July
.434
Jan
<G
Friday
Dec. i>
< per share
tf"
»
57%
41%-. 41%
13 %
94%
Thursday
Dee. 8
S per share
22
13%
.
Wednesday
share'
$ per
...
HIGH BALE PRICES
Dec. 7
57
41%
(2447)
Tuesday
t per share
.
57
*41
$5 prior preferred——No par
9t>%
q
45% Feb 16
'.Jan
147/a
May
49%
-
44
Kinney
2
i>o%
—5
2nd Dreferred—itlOO
conv
Koppers Co Inc
40% Nov
,
Feb
14
i
Dec
Jan
4%
Monday
Dec. 6
I per share
NO par
Co
37% Oct-23
11
Feb
May 24
75
Land
Keystone Steel & Wire Co new No par
Kimberly-Clark Corp com—No par
1043/4 July 14
14% Jun
2
8
Nov
32
Feb
Apr
89
Oct
Jun
40 %
Mar
29% Feb
.
102% Aug
45
203/4
24
11
Dec
2134
103
Par
-
.
County
1
Deo. 4
40% Nov
Jan
Saturday
,
EXCHANGE
fper share
Sper share
;
LOW AND
YORK STOCK
NEW
Lowest
Highest
52 %
FINANCIAL CHRONICLE
STOCKS.
Range for Previous
Lowest
41% May
&
600
44%
44 V*
3,900
"A
*9%
9%
9 Vs
9%
900
21%
22%
22%
22%
22%
3,100
45%
5,900
9
•
17
Stores
Corp—.:.
—No par
*
59%
Feb
2
56% Jun
1
11
Apr
Nov 29
40%
Oct
31% Mar 16
10% Apr
38% Jan
12
29 y4 Mar
2
Life
78
May
96%
Jan
82
91
Jan
8
169
Dec
1913/4 July
157
Liggett & Myers Tobacco com—25
7 % ,■ preferred
•
—i——100
46% May
8
May
33y4 May
X48
Dec
12%
Apr
63.
,
i,
Oct
Nov
13
9
-
Libbey Owens Ford Qlass
Libby
McNeill
&
Libby
1743/4 Mar 30
16
33
Oct
47
Mar 12
8% Nov
Aug
10-
8
;
47
Lily Tulip Cup Corp
*
May 14
13% Jun 10
Dec
55% Mar 16
35%
Dec
28% Feb
11
55% Jun
11
19% May
30
%
Jan
15% Dec
7
23% Jan
Lima-Hamilton
70% May 24
24% Aug
9
78 y2
109 %
57% Feb
28
68% jun
Lone
t
79%
-
Feb
28%
Oct
21%
Jan
137%
Dec
172
39%
Dec
53
X18
Nov
9
18
Feb
19-
138
Nov
3
23
1
Jan
4
3Q% July 15
21% Sep
7 *
Jun
22
Inc'
Star
25
Nov
4
Louisville
30
50
May 15
Lousville
Oct
20
Feb
11
35% May
101% Aug
17% May
293/4
Dec
133/4 May
Cement
>
15(
&
Lowenstein
87%
88
87%
88 %
88
88
87%
169 %
169
169
170%.
170%
37%
37-
'9%
6
98
Nov
5
24% Jan
8
Lukens
27
40
Jan
2
MacAndrews
142
Feb
13
27% Jun
10
Mack
Trucks
39% May 27
Macy
(R H)
Juiy i4-
4
%%
series
pfd
•
Steel
*37%
37
9%
9%
37%
'8%
62
62%
39
16'/a
15%
69%
69%
69%
69%
17%
11 Vs
17%
17%
17%
17%
15%
15%
15%
15%
xl4%
15%
67%
66
66'A
*64'A
23
23%
23 %
20
19%
148%
148%
148%
66%
67
23
23%
20%
19%
20%
148%
146%
,
23%
23%
*22"%
,r
39%
39%
39%
23%
23%
39
-
40
400
8% "8%
'
11,100
63%
64
64
64
65%
*64
65'A
39
39'A
39
39%
39
39%
2,800
15 %
.
*19%
40
700
170
39%
*146%
147
6,100
4;300
88
*38
9%
40%
8%
34%
*168
37%
9%
15%
223/4
15%
15%
15%
15%
15%
16
7,900
69%
68%
68%
68 v4
68%
17%
17%
17%
17 y8
18
14%
15%
14%
14%
64%
63%
63%
63
63
23%
*21%
22
21%
21%
3,000
19%
19%
19%
19%
19%
2,600
*68
*149
600
8,500
19,700
2,600
152
*149
152
900
40
23%
23%
23'A
*23%
23%
23 Vs
23'/a
39
39%
39%
40
38%
39%
38%
39
4,500
23%
23%
23%
4,100
*23'/a
23%
23%
23%
*91%
93
91
91
*90%
*173/4
•
37%
62
223,4
8
8%
'
9
40
.66%
*147
8%
37%
16%
*19%
A—100
*168
40%
i
Co....——-10
40
9
9%
!
i
171%
*168
70
•
*69
•
171
8
62'%
40
& Sons Inc com.. 1
(M)
Dec
17
No-par
Nashville.i—V—50
.
91
va
87%
*61%
A
:_100
—
Gas&ElecCo (Ky)
Oct
26y4
Cprp;..,—No par
preferred
7%
10
Feb
87%
*9%'
—___—
Long Bell Lumber (Mdt A._No par
Lprillard (P)
Co common.—_1_10
Nov
~
87%
*363/8
{"
Co.——No par
377/s Nov
r-
93
Jun
158
*33%.
8%
15%
Loew's
Apr
34
15%
20% May 21
12 y4 May
34
17%
24% Jun
13
17%
343/8
Aircraft Corp——__1
i.—.!.No par
85
2
14% Nov
58 Vs May
8%
34 Ve
Lockheed
9
133/8 Jan
45
46%"
%
34%
11 <;
68 % Dec
Feb
45%
8%
34%
14
Feb
Feb
27
46
8%
34%
;*15%
20
45
8%
34
*168
1
Beltr Co.————/.No par
Oil
45%
8%
343/8
87%
.
—1—5
Lion
45%.
.
8%
*33%
Liquid Carbonic Corp com—No par
3%,%
conv
preferred.!..1—100
18%
Dec
.
-•
—No par
Corp
Link
*
10% May
Dec
-No par
_—7
Savers' Corp..—5
18%
18
18
17%
23%
23%
23%
*90%
91
91
91
17%
*17%
18
17%
23'/a
23%
91
17%
93%
*91%
17%
500
.
»
50
17%
900
M
34
Mar
41
Nov,
36
Jan
134,
Nov
152
Apr
129
Oct
14
13% Nov
30
30% May
99 %
41%
Jan
111
Dec
30% Mar 16
Mar
11% May
94% Dec
15% Feb
16 3/4
21% Mar
Apr
103/4
18 3/4
Dec
455
Jun
6
May
10
9% Feb
914
Dec
32%
3V2
Jan
19% May
6 3/8 May
8
Dec
Dec
10
Feb
8%
Feb
May
16%
Dec
Feb
Feb
22% Nov
1113/, July
-92% Dec
9
14
34
May
.15
Jan
24%
Oct
63%
Jan
18l/4 July
263/„
Nov
353/4
Nov
••27% Feb
11
Jan
X165
29
24% May
Dec
88
49%
Dec
85
123/4 Nov
; 84%
Marathon
50
108% Mar
113
9
-
87
(Glenn
Masonite
.
45
Oct
22
Mathieson
176
Jan
26
473/, Apr
20
7%
May
$3.40
33
Dec
10
Apr 16
Dec
10
3
f per share
Feb
11
5
453/4
Oct
Nov
10
32
Feb
112
Jan
9
41% Jan
12
29
233/4 Mar 17
Jun
14
423/4 Jan
15
31
May 15
56%
Feb
Dec
9
Jan
30
Sep
20
Feb
87
Jan
5
25%. Feb
18% Feb
11
24% Jun
9
31%
18% Nov 12
24% Jan
12
41
52% May
1
35% May 15
98% Jun
2
!
Feb
23%
Oct
16
Nov
26
23% May 25
,105%
Feb
80 % Mar 24
96% Jun
Dec
50
Feb
32% Nov
24
46% May 28
25%
Jan
20% Dec
2
24%
Jan
73
Feb
19%
Jan
May
'
May
25
Jan
8
2
12% Dec
10
19% May 15
49
% Nov
20
62% May 15
12% Jan
'
$3
Co
35% May
97%
Dec
i
28
18% .Tun
33
Apr
29% May
136%
Jun
H 8 % Nov
5
503/4 May
47~%
Jan
lll3/4 Aug
36
MarlO
92
Nov
10
8
24
443/4 Jun
104% Dec
8%
8
17%
18
8%
8%
8%
8%
8%
20%
20%
20%
20%
20%
8%
18
8%
8%
8
17
8%«
8%
8%
20%
20%
20%
20%
6%
6%
17
163A
16%
*16%
17
130
23%
23%
23%
23
23%
22%
23
3,700
93
93
93%
<f92%
93%
92%
92%
-92%
95
340
6%
6%
*16%
11%
10%
11%
17
10%
10%
6%
*16%
10%
10
Mfg
13%
13%
13
13%
56%
55%
56
55%
19%
19%
19%
19
19
19%
19
*19
39%
40
39%
39%
1,700
55%
3,500
*18%
19 %
19
39
*38%
39
170
39%
*167
140
16
9% Mar 17
14
Jun
July 13
Jan
42 % .Nov
30
563/4 Apr
Feb
87
15
98
51%
Apr
70 3/4
Dec
54% Mar 11
•78
99
Dec
102%
Dec
98% Oct
7
May
15
Dec
104
Jan
123
Oct
Nov
25
10% Mar 16
Nov
423/4 Feb
10
11
17
May 10
May
21
3
May 17
105% Jun
17
18% July 13
121% Oct
73% Jun
18
14
Feb
10
Feb
13% Feb
11
34
July 13
34% Mar 17
44
9% July 13
51%
Jan
Jan
5
13%
Feb
9
Feb
11
15 Ve Jun
24
32
Feb
24
Sep
15
293/4 July
6
23
•
,
par
10
23
AND
HIGH
Tuesday
Dec. 6
*33
88%
88
84
84
84%
9%
*33
*110%
23
22%
9%
9%
9%
*110%
112
200
30
112
22%
22
22%
30
800
.
33
33
33%
112
22%
3,200
SALE PRICES
$ per
Friday
Thursday
Wednesday
Dec. 10
Dec. 9
Dec. 8
$ per share
180
88
*83
9%
34%
share
f per
$ per
share
29%
share
Sales
for
the Week
Shares
29%
1,200
29%
29%
30%
92
92
92
93 %
300
31%
31%
32%
33
34
34 %
1,000
25%
25%
25%
24%
25%
25
25
41%
29%
29%
29%
29%
30
29%
93
33
92
92
92
92
*90%
*32
33
32
32
26
26
25%
26%
*88
84
*110%
Dec. 7
S per share
I per share
*90%
111%
22%
Monday
Saturday
*29
.36
111%
'
88%
'
*9%
—
290
•
*92%
■*
600
41%
41%
41%
41
41
1,600
31%
31%
31%
31%
*31
31%
30%
31
3,300
94 %
*91%
97
*91%
94%
91%
91 %
*91%
92%
*91%
93
*20%
21
*20%
21
*20'A
21
*20%
20%
20%
20%
*20%
20%
100
19
* 16%
.
41%
*90
(
41%
31%
19
19%
19%
*18%
19%
*18
19
19
*18
19
600
31
41%
31%
.
*18
41
41%
16%
16%
16%
100
1,900
16%
16%
16%
16%
16%
83
83
84
84
84
-84
170
33
33%
33%
34
34%
34
34
*33%
34
800
21
21 %
21%
21 Vs
*21
21%
21%
21%
*21%
21%
500
Mengel
5%
$3.50
1st
Min
Co
common—L-*_l
Co
Inc..—3%
Transp Co____No par
Inc
common—/—^..1
preferred
Machine
Metropolitan
4.35%
.No par
&
Scott
Co
133/s
3.90%
5ii/2
^
8%
''
59
; *86
: *21
* *38
*97
100
*104
$4
Min
7%
Mojud
8%
*8%
8%
1,400
57%
2,300
8%
8%
8%
60
60
60%
61
x60
60'
87%
20%
87%
88
88
*86%
89
*86%
89
20%
20%
21%
*21%
21%
21%
21%
1,900
*39%
40
38%
38%
400
39
39
40
*
38 %
121%
40%
21%
39%
39%
57%
60'A
*97
*104
•
98
105%
*97
*104
98
105%
98
*104
98
105%
.*97
*104
14%
14%
14%
14%
14%
14%
14%
45%
46%
45%
46%
49%
50
48
50
vtc„.No par
com...
Impl
i_.
Carpet
Hosiery
com.—1
com..
series
A_
Mills
Co
Machine
Inc.
Tool
10
88'/2
61%
* 60%
*100%
' 13%
115
1
No par
;100
:_20
46
*87%
No par
RR
preferred
*45
3
No par
Power
*9%
134
55%
6%
•
24%
134
12
12
12%
10%
13%
115
*56
»
133
12'A
12
133
12'A
10%
10%
9%
9%
45
45%
44%
45%
45%
45 %
88%
88%
88
88%
88%
89
62
62
63
63
"101
102
*101
102
13%
113%
,
133%
9%
\
101 %
133%
*12
*56
6 %
6%
24 %
24%
*36%
13%
115
57
6%
25
36%
13 V*
*115
13%
117
55%
56%
6Va
6 'A
24 %
24%
36 Vs
36 Vs
*63%
102
13%
115
56
6
23%
*36
*36
36%
1.25
*10%
11%
11
11
*10%
11
10%
N.o par
*24%
25
24%
24%
*23
25
*23%
9%
64%
102
13%
115
56%
6 Vs
24%
36%
10%
25
104%
50
14%
14%
1,700
46
x41%
*133
135
12
12
12
44%
20
%
104
X135
9%
400
"
51
134
98
98
98
105.%
46%
A
89
*88
•
98
105%
50%
M
57
20
87%
21%
45%
Regul
51
*48
59
51%
Corp
Monarch
3,400
47%
Mo-Kan-Texas
Mohawk
13%
50%
preferred
Mission
13%
46
pfd series A_.
.100
Mfg
;
No par
&
Moline
$6.50
13%
15
preferred
Minn
13
50
13%
*
50%
SS
&
conv
3,400
13
50
13%
46 Vs
Minn-Honeywell
12%
13
51
13%
49%
1
12%
12%
*47%
45'A
No par
*12
Minn
13%
8%
*14%
preferred
P
8%
8%
*8%
13%
51
I__—__5
com
*133
St
13
83
86
Prod
—100
3.20%
*49
13%
"84
14%
Minneap & St Louis Ry..—.No par
Minn
51
13%
83A
13%
..14
*49
13%
pfd.100
series
13%
13%
*49
* *13%
*21
16%
Petroleum A—K__ 10
Steel
1st
No par
1—*..5
Edison
preferred
Copper-
8%
21
preferred—^—^50
Stores
.Merritt-Chapman
Mesta
No par
series)
(The)
Co
conv
Mercantile
Midland
9
22%
*34
LOW
i.
'
i.. Par
Co
*83
9%
87%
3,500
32%
Mid-Continent
11
A
*88
84
87%
•
39%
83
6
Nov
35%
111%
*100
22%
88
*9%
9%
*33%
35%
110
22%
88
: -*83
84
87%
87
88%
9
-
88
*88
33
7
129% Feb
*33%
110
:
*83
9%
88
87%
1,200
88%
39 Vs
39%
400
39
170
163/8
51% Dec
Mar 16
*88
88%
84
9%
.
87%
88%
10,600
13 Vs
55%
*167
169
11%
12%
55%
83
693/4 May
page 28.
39 %
38%
.
823/4
11
4
39%
*39
40
39%
10%
11%
8,400
'
13%
12%
55%
6%
*32%
(1st
35
Feb
10%
13%
39%
pfd
38% Feb
109
11%
6%
100
pfd
2nd
Dec
11
6%
56%
*87%
1,800
,
93
,
*83
20%
23%
6%
17
40
per
4,500
23%
6%
*16%
Dec. 4
Corp common
4%%
4%
Nov
-
*20
700
8%
8%
23%
6%
13%
*87%
500
17%
8%
2,500
8
17%
(2nd series)—50
Melville Shoe Corp..;
1
Mead
48%
7%
7%
A
"
16%
Miami
see
550
17%
8%
18
18
393/4
5
.....No par
Co—
—1
Norris
19% Mav 27
footnotes
*8%
17%
*166%
'
McLellan-Stores
McQuay
11
66%
For
30
1043/4 May 25
II43/4
Sep
*8
,
56%
31 "A
Feb
Oct
*500
7%
'
12%
Mines—_—5
13
56%
18.
550
(
*7%
56%
Robbins Inc com__^_18
18% Mar
Mar
19
1.8%
*500
7%
56%
*31
'
*25%
41%
&
27% Jun 15
Dec
23%
550
7%
18%;
9
18 %
18%
*500
39
Publishing__w_No
preferred
13
84%
May
7%
169
com.—1
Porcupine
$4
&
Feb
8
530
7%
..
*
Corp
McKesson
&
14%
323/4 May
17%
*500
*38 %
STOCK'
YORK
Mclntyre
Merch
8
■\
16%
17
530
7%
7%
,
*166%
—No par
*
McGraw-Hill
Merck
25%
23,100
*500/
7%
169
.—No par
—
Stores
8
6% May
33/a May
18%
16 %
16%
530
*166%
ponv preferred.——-..100
McGraw Electric Co.—
1
63% July 13
95% Jun 23
Nov
11% May
1,200
169
3V2%
19
15%
28% Mar
1,300
19%
*183/4
1
preference—.No par
cum
McCrory
11
10% May
47% May
100
11%
*18%
*38%
'
85% Nov
45%
94%
ll7/a
19%
'
1947 series__No par
•
44% Feb
156
94%
11%
18%
11%
common..——No par
NEW
Jan
65%
.1013/4 Nov
123/4 May
95
*11%
19 %
'13%
."
No par
——
Corp
17% Feb
Dec
83
*94
11%
18%
*166%
common.—*
preferred
1st
$6
103% Mar
■
43% May
95
*11%
19%
*94
100
....
pfd——No
cum
McCall
$ per share
36% May 21
101%
Jun
13 '/a
*94
11%
19%
•
883/4
16
95%
10%
EXCHANGE
40%
55% May
95%
No par
Corp
;
$3.75 cum pfd
*
44
105%
May
—
STOCKS
Jan
20
/
J.:— No par
CO———;
Stores
Lowest
25
16% May
*94
10
19
63/4
...-.No par
$3.75 preferred
Range since Jan. 1
Highest
>
,88
'
4,100
10%
8%
Co—1___—l__l
Chemical
'
Feb
Dec
L)
Corp
Dept
Maytag
Peb
17% May
21%
31 Va
94
preferred
18
33 %
Dec
30%
*92'/a
Electr.c
Master
13
1073/4
Dec
31%
18%
*17%
com.*—No par
100
Martin-Parry Corp
Jan
May
;
30%
17
Martin
Jun
10
Mar
46
31%
23%
16
12% May 15
43% Jan 21
22
Sper share
30 % May
31
•23%
16
85
S per share
24
32
*163/4
Co
&
193/4 Jan
69% July 9
27% May 20
93
Highest
35
Ry
preferred
4%%
6
Year 1947
1
31%
"
9% Dec
110
Range for Previous
-
32%
Corp—-——5
6% prior pfd—100
St
Feb
84
Jan
Lowest
Dec
32
135
10%
*8%
,
Midland
Jun
Jan
48'/a
May
14,800
20%
Market
'
82
13%
—.6.25
Marine
93
Jan
24
13%
"131%
135
19
7%
Exploration.*.—
Marshall Field
Mar 27
Nov
35% May
13%
36%
131 %
10%
16%
—5
Corp
-77% Aug 13
97.% Mar
Jun
Nov
353/4 Mar 16
Feb
14%
42
Nov
Oil
22% Apr
30
%
Maracaibo
29% May 18
103 % Jun
11
18
100%" Aug
Dec
7% May
10
47% Feb
•
.
Feb
106
Dec
82
13%
*
95%
*500
—No par
—
14%1
135
*18%
_______—___1
Shirt
400
36%
13%
*10%
.
—1
Bros
Manhattan
*35%
*131%
14
134
'
190
39% May
22
Co
Sugar
*35%
36
37
135
13%
*130'%
"
RR CO—v.4——50
8
May 20
17% Sep 16
«
9% Nov 27
14% May
39% May
175
Mandel
7
25.% May 17
9
Dec
28
14% Jun
-
20
34%
9 7 y4
Co
Coal
,
36%
36
*36%
*131 %
14%
37
130%
*93
/
No par
_——10
(The)
Magnavox
Mahoning
8
Jan
Garden..
Square
Manati
26
18% Mar 18
6% Feb 20
22 '/a May
9
pfd
Copper
Magma
32
V
Co Inc com__+'_No par
series A——400
-
14
32
130%
14
36%
14%
*36%
-
100
Inc.—.—5
-
Dec.
27%
9
23
4%%
Madison
133/e Jun
10
5% Feb
Dec
Apr
-TO
com
preferred
6%
lQ3/4 Sep
7
17
Feb
7
19
525
,
Oct
5
6% Nov 12
14% Feb
Dec
11
520
Jan
223/4
4
153/8 Apr 12
24% May 20
Dec
12%
103% Jun
•
20
25
Aug
500
10
Nov
Xl6% Feb
Forbes
&
9%
45%
9%
44
47
41%
135
12
13,200
9,000
280
1,100
9%
1,600
44%
2,200
*89
90
89
89
170
63
63
63
63
1,000
162
102
102
102
13%
115
55%
6
13%
115
56%
6%
23%
24
35%
36
10%
*23
1Q%
25
60
13
13%
6,300
115
115%
130
55%
56
5,300
6%
6,200
23%
24%
8,800
35
35
400
10%
800
25
100
6
10%
*23%
21
THE
(2448)
COMMERCIAL
I per thare
Lowest
I per thare
49 % May
63%
128%
•
45% Nov 29
Feb
99% Dec
1
105% Mar 17
9% Nov
May
64%
17%
27%
Dec
9% May
14"%
Nov
27%
27%
25
10
May
15%
Nov
Apr
40%
Feb
Jan
65
Moore-McCormack
22
9
Morrell
21% Dec
9
Motorola
Motor
Wheel
Jun
Mueller
Brass
16% Oct 26
Mullins
Mfg
14% Oct 23
Munslngwear
9
10
16
45
9%
112
Dec
107% Jan
2
112
Dec
44%
50 %
Jun
21
17
Jan
2
Nov
10
43
Jun
29
5
35
Feb
102%
105%
105%
9%
10
9%
Co
5
9%
57%
58%
56%
58%
56%
56%
57%
103%
103%
107
106%
106%
500
10
10
9%
9%
2,800
56%
563/4
56%
57%
16,100
56%
10%
10%
10%
11
10%
11
10 %
10%
22%
22%
22%
23%
23%
24
24
19%
20%
20%
20%
20
20%
20%
21%
No par
.*23%
24%
23%
23%
233,4
233/4
x23%
5
*19 Va
20
19%
19 Va
193/4
193/4
19%
193/4
1
Corp
*16'/a
17%
16%
17
17
17%
17
17%
com
1
new
Inc
Jan
50% Jan 23
Feb
14% Mar 16
21% Jun 25
Nash-Kelvinator
(F E)
15%
,
5
Sc Bros
•10%
1
*39%
*110%
100
15%
15%
10
13%
13%
*35 Va
363/4
52
*10%
40%
*110%
50
No par
15%
11 Va
40%
111
15%
*10%
11
40%
52
111
10%
103/a
10 Va
*23
24%
*22 %
24%
700
20
21%
20%
20%
15,800
23%
23%
23%
24
19%
1934
*
19 Va
193/4
2,500
1,500
xl6%
16%
*16%
16%
1,700
10 Va
24
153/a
15%
15%
*10%
11 Va
*10%
11
10%
40%
*40 Va
40%
40%
40
111
*110%
111
15%
*110%
*
111
100 v
1,200
40
111
111
133/4
13%
13%
133/4
xl3%
13%
13 Va
13%
*35%
,
6,600
10%
40 Va
40
•110%
6,600
15Va
15 Ve
15%
11 Va
40
800
103
*106
22%
'
10,500
47%
103
107
5
.
46%
47
46 Va
Shares
10
10
10
46 Va
363/4
*35 %
36
*35%
37
353/4
35%
*35%
36
53
*51
53
*50 Va
53
53
*50
53
.*51
for
the Week
Sper thare
103
103
*105 Va
No par
Co
55% Jan
Myers
9%
No par
Lines
Corp
Corp
56
Jun
45%
46 Va
101%
106
Murphy Co. (G C) common
4%% preferred
Murray Corp of America com
4%
preferred
2
12% Sep
16% Dec
.
37% Jail
May 15
45%
101
105%
Products
May 27
24
33% Feb
46%
100%
110
Inc
23
10% Dec
45%
102
•105%
Co
&
29% May 27
13% Nov
47%
•100%
,„No par
3
(John)
Motor
9.
47%
A..No par
Montgomery Ward & Co
Jan
5
com
Utilities
May 21
17% May 15
16
•
107%
Montana-Dakota
18
27
19% Mar 17
Feb 19
Feb
Co
preferred series
preferred series B
$4
8
20% Jan
Mar
35
10% Oct
Chemical
$3.25
May 15
112% Apr
6
6
11% Jan 23
Oct
May
19% May
17% May
17
Monsanto
61% May 17
122
Sales
Dec. 10
Dec. 9
f per thare
I per thare
9 per thare
Friday
Thursday
Dec. 8
Dec. 7
.
I per thare
PRICES
Wednesday
Tuesday
Dec. 6
t per thare
Monday, December 13, 1948
HIGH SALE
AND
Monday
Dec. 4
Far
Nov
20
IsisnUj
*
6 per thare
10% Dec
Dec
May
24
9
47% Mar 16
Feb
Dec
15%
CHRONICLE
LOW
STOCK
YORK
EXCHANGE
Highest
8 per thare
Feb
110% May
49
NEW
Range since Jan. 1
Year 1947
Highest
FINANCIAL
STOCKS
Range for Previous
Lowest
:
&
*50
13 Va
13
,
4,300
100
100
'
N
14
May
19%
19
May
29%
Feb
20
Feb
24
32% Sep
9
Nashville Chatt & St Louis
21
May
30
Jan
20
Dec
10
29
5
National
10% May 20
13% July 8
17% Mar 22
National
8%
16%
Dec
*
Feb
14
9% Ma y
10 % May
16%
Jan
34
Dec
27
Jan
165
Dec
9% Nov 26
Feb
24
i
4% Sep 29
8% Feb 11
Jan
34%
Mar 18
26% Feb 20
Feb
JUn
187
29
162% Oct
1
10
National
7%
No par
26%
5
15 V.
15 Va
15
18
18 Va
17%
13%
32
14% Mar 17
21
17% Nov 10
2
National
May 21
22% May 21
National
Department Stores
National
Distillers
Jun
Nat
12% Nov 29
21
14% Dec
8
New
15
Sep 27
20% Jun
9
National
Feb
85
Oct
96% May 19
29% Jan 23
36%
Dec
Dec
190 %
Sep
162
Oct
Dec
167
Jan
130
Nov
1%
hi Dec
% Jun
6
Apr
16
4
Sep 20
15% Feb
11
% Nov
Jan
6
Jan
38
Jun
Jun
7
National
7%
Lead
2
10
Natl
Malleable
2
Natl
Power
&
Linen Service
19% Nov 12
81% Mar 10
Jan
20
5
Dec
16% Nov
9
25% July
6
80% Nov
16
94
2
25% Jan
Jan
20% May
29%
Jan
21
Nov
29
12%
Dec
17%
Feb
10% Dec
10
11
cNational
Shares
National
Steel
National
Natl
Dec
13%
Jun
9 % Nov
10
12% Jan 26
Tea
Natomas
24%
Feb
9
29
19% Jan
Nehi
13% May
18%
Feb
Feb
107
July
28%
Nov
38
Feb
98
Dec
106
12% Nov 30
100
26
35
11%
Dec
Dec
13
87
Nov.
8
Feb
12
8
New
Dec
38
32%
Feb
13
3%%
preferred
17%
Jun
26
Oct
20% Feb
11
34% Oct 22
Newport News Ship & Dry Dock
46%
Feb
31
43% Jun
New
York
Air
18% July 12
New
York
Central
92
N Y Chic & St Louis Co
22%
52
12% Feb
11
39
Feb
10
121
Feb
11
20%
26
Nov
Feb
Aug
20
62%
Dec
230
Feb
Dec
Dec
Jan
49% Jan
290
Feb
11% Mar
200
9
Mar
Jan
15%
Nov
84%
Dec
107
10% May
16
25%
19
255
Sep
20% Feb
10
86% Jan
6
Sep
14% Feb 27
Jun
Jun
'
2
25
N
39% July 12
96
19% Oct 23
Dec
10.0% Aug
81
Jan
2
88
Jun
27%
173/4
17%
7,700
2,000
'
13%
13%
17
16%
17
94
*92 3/4
94
313/4
32%
163/4
*93
14%
13%
17
'
11,800
14%
14%
2,000
17%
17%
16,000
♦93
168%
132
132
132
132
132
13%
169
31%
6 Va
6%
6%
18%
18%
18%
*22
4,500
168
6%
21 %
30
31%
31%
167 Va
18%
%
8,100
32
18%
90%
16 3/4
93%
168
132
*21
3,600
16%
93%
*167
*6 %
%
14 V8
16%
131
168%
31%
14%
94
16%
94
6%
%
%
22%
*21%
91%
903/4
91
903/4
22
22%
23
22%
%
*22%
169%
*131
"
*
6%
170
220
132
6 VB
160
6%
1,200
%
1811
%
H
23%
*22%
23%
91%
91%
91%
91%
%
23
1,100
18
18
*223/8
91%
%
223/4
31%
31%
9,400
3,900
23
*22
22 3/4
1.400
19%
19%
19%
19%
193/4
19%
19%
xl8%
18%
18%
183/4
7,700
84
84%
*833/4
84%
833/4
833/4
*82 Vs
833/4
*82 %
83%
*22%
22%
223/8
22%
223/e
22%
*22
22%
700
11%
10%
11
lo3/*
10%
10%
3,200
9%
9%
9%
9%
9%
10%
9%
9%
9%
1,400
93/8
9%
9%
9%
9%
9%
*9%
93/4
2,500
22%
11 %
9%
9%
10
9%
Brake
10
14%
14%
♦101
30
11
93/4
14%
•91%
8 %
13%
93
*92
56%
56
'
preferred
23
22%
130
133/a
13%
13%
13
70
70
72
72%
**71 %
•30%
30%
30%
30%
'33 %
-
33 %
33 V8
34
Hart
series
94
*92
*70
56%
1,000
13 Va
7,100
72%
70
30%
30%
303/8
31
31%
31%
31%
32%
8,000
33%
.
33%
33
33%
33%
33%
33
33
1,900
13
133/4
73
133/a
72
13%
72%
134 Va
133%
133%
133/4
13%
713/4
71
134%
*131
70%
133
13%
13%
71%
70%
1313/4
133
14%
14%
15 VB
15 Va
15%
15%
15%
15%
143/8
21%
*20V»
21%
*20%
21%
20%
203/4
*203/4
*1313/4
15
*20 %
;
123/4
•
90
14,400
94%
56%
13
72%
*70
1,400
8%
8%
22
15
133/4
38,600
71%
1,900
133
300
15%
*20%
1,600
22
55
*47
55
•47
53
*47
53
*47
53
*47
53
♦235
255
♦235
255
♦235
255
*235
255
*230
200
255
RR Co_100
8%
100
8%
8%
8%
8%
8%
31%
32 %
32%
33%
91
91
91
92
16%
16%
16%
163/4
163/4
*16%
163/4
87
86
86
87%
87%
X87
8%
83/4
31
91
87
31
*90%
92
1
*16%
100
♦85%
:
8%
30%
91
*30%
pfd__100
State
cumulative
12%
94
94%
563/4
250
Shipbldg Corp partic stock
$3.75
133/a
72
56%
13%
73
93%
8%
*47
N Y
& Gas
13%
553/4
500
29%
.♦235
A
Light 3.90%
Elec
13%
8%
♦92
143/4
102%
293/s
No par
Co
&
5%
&
553/4
55%
93%
*101
29%
83/a
94%
*14%
14 %
102 Va
*293/8
50
RR
Haven
8%
*92
13Va
No par
Harlem
55%
56
14%
*101
293/4
92
92
83/8
94%
13%
York
non-cum
92
8%
*92
14%
102%
29%
72
No par
&
293/8
92
8%
94%
14%
♦101
102'/a
293/8
•70
City Omnibus Corp
Y
14%
*101
93%
8Vs
*92
73
common
14%
29%
8%
135
Dock
14%
102 Va
29
94%
56%
10
*101
30
•92
1
__No par
9%
102 %
73
Preferred
21
27%
143/4
27
143/i
17%
10%
100
N Y
80%
27%
15 Va
17%
18%
♦132
N Y Power
17
Jun
273/4
14%
18
22%
10
1
preferred
N Y New
9
27%
15
17%
6%
100
$5
Mar 18
14% Jun
28%
14%
18%
No par
com—100
6%
Y
27
15%
18 Ve
6%
preferred series A
New
27
61
Mar
4%%
N
3
Mining Corp
Industries common
Newport
July 12
July 6
23% Apr 19
19
6% Mar 29
Newmont
144
27
5,500
2,000
93/4
U
100
64
July 12
26% May 21
90% Jun 18
50
-
-
12%
22%
England Elec System
20
Jersey Pr & Lt Co 4% pfd—100
29
137
9%
12%
10%
100
Nov
May
6,500
-
7%
9%
22%
par
preferred
70
May
11% May
19
Apr
310
85
19%
1
common
12% Nov 30
18% May
21%
•83
No par
Feb
12
"14,500
6 Va
33 Vb
12%
18%
%
No par
Feb
80
6 3/8
33
X7%
-
9%
1
102
9
6%
10
100
Dec
Nov 24
7%-
12%
16%
90%
x87%
32% May
6%
34-%
7%
7%.
'
'
New
44%
6%
323/4
7 \
35%
9%
10
Co
serial
Aug 17
99
30%
169%
12%
31%
22%
Co
Corp
conv
12% Jan
3
29%
*168 Va
9%
13%
32
90
;
4%%
98% Jan
90% Mar
29%
168 Va
12%
*92%
♦21
Newberry Co (JJ) common__No
10
Jan
500
29%
168%
93/4
132
.
•18
No par
Fibre
Inc
24
May 15
13%
16%
94
25
Co
Bros
Nov 24
108%
35% May
22 % Dec
Jan
7,300
263/fl
26%
No par
Corp
Neisner
May 17
104
X27% Mar 12
Mar
95%
Feb
19
6
1,900
10%
12%
132
Corp
Vulcanized
18% May
Nov
10%
36
*34
9%
132
1
(The) Pa com
preferred
4% %
30% May 27
15% May 26
293/4-
36
12%
*167
National Supply
Sep
16
7%
1,200
5,100
.
•
*34
168 Va
x63/4
10 Va
350
9%
169
Cast_No par
National Sugar Ref Co
23%
Nov
34%
7%
10%
10%
10% -10%
10,600
5%
12%
32
ex-dist_—No par
Feb
Nov
100
7%
34%
7 3/4
53/8
93/4
♦167
Corp
Steel
28%
Mar
*
6%
34%
7%
20 Va
12%
13
,_100
Lt
Jan
73/8,:
353/8
7%
10
common
&
6%
25
May 17
114% Oct 23
6 Va
35
.
10o
Co
24% Jun
1
16%
•92%
preferred A
preferred B
National
13%
1
No par
com
preferred
147% Apr
7% Feb
7
No par
12.50
Co
Gypsum
conv
26%
12% May
105
Prod
'
common
$4.50
10
177
Products
95
74% May
21% May
88
Dairy
35
29%
168%
15%
26
20
5%
10%
103/4
15VB
26
203/8
-
Enameling & Stamping—
Jan
14
Co
7%
t
10%
35
35
293/4
*13%
24% Mar 17
Oct
7
35
10%
xl0%
-
169
93/4
10
No par
5%
11
29%
9%
Jun
5%
15%
26
20%
5%
103/4
168
*12%
Jan
8%
29%
1683/4
1
Jan
28
29%
1673A
1
23%
Dec
30»/a
168
26
35%
Container
38
Jan
29%
•1673/a
Xl5Va
20 3/4
25%
25%
10%
*35
Cylinder Gas Co
<20%
6%
10%
35 Va
10
common
10%
10%
10%
35%
National
14% May
15%
10%
35%
100
Co
10%
103/4
35%
National
48
17% May
136
10%
•10%
4
14% Aug 23
9% Dec
25% May
v
5
'
16 Va
2^
*20%
6
•
6
3
Oct
Feb
165
1
6
10% Mar 15
15%
2a %
5%
7%
17%
107
5%
153/4
16 Va
21
24
*20%
7%
Dec
Dec
53/4
153/4
15%
1
13% May
14% May
20 Va
City Lines Inc
28
96
Fibres Inc
preferred
National
9% May 21
20%
Can Corp
Cash Register
9
6 / Feb
Dec
Biscuit
24%
203/8
15%
*24
National
32% Dec
Jan
26%
Automotive
National
32% Oct 22
175% Jun 23
153/4
*24%
20%
1
Airlines—
National Aviation Corp
National Battery Co
8
15%
243/4
1
-
National
5% Nov
Dec
14%
13
July
'
5
100
Co
17
Feb
43%
Dec
7%
45
Corp
Acme
9% May 20
13% Jan
2
13%
May
8% May
33
Jan
"
-
323/4
*91
8%
8'A
12,200
32%
8%
33
323/a
2,100
92%
260
*91
92%
16%
"
16%
16%
163/8
500
87
86%
86%
300
Corp—
preferred
*86
i'
.
Range for Previous
„
STOCKS
Year 1947
Lowest
9 per thare
Range since Jan. 1
Lowest
Highest
„
$ per thare
t per thare
23% Nov
25%
Oct
20% Mar
33%
53%
Jan
24
13% Nov
Dec
NEW YORK
Highest
4
30
Nov 26
25% Jun
17% July
36% Jan
Far
21
Noblitt-Sparks
1
Noma
5
Nopco
Norfolk
Dec
64%
Nov
55
Feb
18
62% Nov
1
26
Dec
30%
Sep
25
Aug 24
28% Jan
13
16%
Dec
33%
Jan
3
17% Jun
17
10%
Feb
2
13% May 10
&
American
115%
Jan
82% Mar 10
93
Jun
11
Northern
Dec
Central
30%
Nov
25% Feb
11
36% Jun
14
Northern
Natural
13% May
22%
Feb
16% Feb
11
27% Jun 24
Northern
Pacific
79%
Dec
102%
Feb
78
Aug 11
103% Oct
11
5
8% Nov
9
Aug
19% Aug
22%
25%
Oct
16
33
Jun
45 %
Jan
33% Jan
Dec
13%
Feb
Dec
18%
Feb
3% Sep 20
10% Mar 18
-
6%
12
Apr
Nov
90
Mar 19
106% Dec
10
17% Mar 20
Ry
56%
•26
24 Vb
21
213/4
143/4
24%
*20%
far
Shares
share
21
200
14
24%
14
2,600
24%
24'/a
243/8
243/a
57
27%
15%
24%
24%
57 Ve
57 Va
57 Va
58
27%
26%
263/4
*26
263/4
*26
15 Va
15 Va
15 Va
15%
Xl5 Va
153/8
15
9%
9%
9%
,10%
9%
►26
♦243A
58
i
25
583/4
58%
*20 Va
.58%
59
*26
27%
15%
15
15%
12,400
10
^97'8
103/a
31,200
85%
*84 %
85%
10
313/4
31 Va
323/s
9,100
17%
15,000
85
84%
843/4
*84%
85 Va
*84 Va
30%
303/8
30%
31 V«
32V4
X313/8
32
31
17%
17%
17%
18 Vo
17 Va
18
17%
173/4
173/8
86
87
87%
87%
87%
*86%
88
9
93/4
10
*84 Va
85%
800
58%
27
*84 Va
29%
___10
'
Sales
the Week
14 Va
21
50
Co
Dec. 1#
9 per
14 Va
21
14% ,143/8
8"%
Ry
Fridsy
Dec. i)
1 per thare
.
*
*
_100
Northern States Pwr Co .(Minn)—
$3.60 preferred
No par
4,100
200
'
17%
17%
86%
*106%
107%
106%
106%
*1063/8
1063/4
106 5/a
*106 3/4
107
106%
106%
160
10
9%
9%
9%
l03/s
9%
103/a
10%
10%
10%
11
10%
IO3/8
15,800
25
Inc
*85%
No par
$4.80 preferred
Northwest Airlines
17%
17%
17%
18%
18%
183/4
18%
19
18%
18%
17%
18%
50
38'A
38 Va
♦38%
39
37%
38
common
27% May 17
2
40% Apr 24
7% May 21
Northwestern
Telegraph
Norwalk
Tire
&
14% Jun
Norwich
Pharmacal
4.6%
15%
,
14%
1 per thare
1
Co
Gas
24%
♦20%
Thursday
Dec. 8
• per thare
14%
10
9
9
22%
14%
25
Aviation
25
►213/4
14%
25
Co
American
Dec
21%
14%
4
preferred
83 %
21%
PRICES
Wednesday
Dee. 7
• per thare
1
Western Ry com
Adjustment
9 per thare
Tuesday
Dec. 6
£.50
Corp__.
Chemical Co
North
Jan
Industries
Electric
North
6% May
8
Monday
Dec. 4
1
6 per thare
56%
14% Mar
LOW AND HIGH SALE
STOCK
EXCHANGE
preferred
Rubber
*86
160
J
39
*38%
No par
4 %
4 %
<*4Va
5
11%
11%
*11%
12
*11%
8
*28%
29
*28
29
100
973/4
973/4
*98
99
32
323/4
39
*4%
2.50
Co
106% "
88%
*87
*38
4%
4 3/8
12
*11%
29
x28
37%
8,200
37 Va
50
4%
4%
4%
4%
1,000
11%
43/8
12
11%
11%
11%
800
O
27
Dec
Jan
26% Dec
9
91%
Dec
111%
Feb
92% Jan
2
103
21
Jun
18
Apr
35%
Dec
26% Feb
11
43
Jun
15
Ohio
14
18% Jan
17
Oklahoma Gas & Elec 4%
Oliver Corp common
18
Dec
17% May
93
Dec
7% May
86
15%
24
149%
May
38
22
July
27%
107
13%
118
16% Apr
Dec
22% Feb
Feb
92
Feb
8
17
163%
Jan
28%
Feb
93
Jan
80
July
May
9% May
Jan
Jan
16
Sep
19
Oct
46%
Oct
Jan
Jan
26
144% Nov 15
37% Jun
154
Jan
23
9
23
Jan
5
80
Dec
6
89
Feb
27
48
Nov
11% Feb
26
27
8% Nov 30
60% Sep
34% Feb
30
13
73% Jan
2
Dec
50%
Nov
25% May
x89%
131
Dec
Dec
43%
62%
Jan
Jan
47% Mar 16
Feb
30
Feb
13
89% Feb
27
For ioi tnotes
Feb
see
130
page 28.
Nov
9
Omnibus
Corp
convertible
Elevator
6%
preferred
!
common
Outlet
Co
&
Mfg
Owens-Illinois
Glass
Co
Pacific
Amer
Fisheries
Coast
Co
1st
preferred
2nd
preferred
55% July 13
44% July 23
104% Jun
147
7
Mar 18
Mills
6
323/4
Inc
26%
27%
97
97%
190
32%
32%
33%.
25,200
16 3/4
17%
*16%
17 %
29-
29%
29 Va
29%
283/s
29
98
983/8
98
98
96%
96 V4
400
8%
2,200
8%
8%
,
"
•
8%
8
8%
8%
*89
90
*89
90
89
89 '/a
89
89
89
89
23
*21%
23
21%
217/8
213/4
213/4
21%
22
283/4
29
283/4
29
29
29%
28%
29 %
148
♦145
28%
*
144 VB
28%
147
*145
148
*145
*16
16%
*77
85
80
80
493/4
49%
50%
49%
13%
*13%
12.50
49 Va
5
*13%
10
9%
No par
64%
non-cum
No par
133/4
*16
13%
16
16
*78
-83
49 Va
133/4
13%
10
*93/4
10
10
10
61%
63%
62
64
40%
*183/8
18%
18%
30 Va
30 Vs
*39
40
15%
*76
50
64%
*39
30
163/4
1,400
99
29%
*983/8
2.50
No par
26%
29%
29 Va
3A. ,983/4
non-cum
common
*
98 Va
32%
32 Va.
17
29
83/8
26%
97%
.
98%
31%
16%
98
8%
98%
33%
17
29 Va
8%
28%
99
17
98 Va
*8 Va
.
*21%
lo
Pacific Telep & Teleg common_..100
6%
preferred
100
,
17%
28%
*98
*29
100
Pacific Finance Corp of Calif
lo
Pacific Gas & Electric
25
Pacific Lighting Corp
No par
Pacific
*17
33%
No par
_•
Pacific
8
A
17%
32%
*97
10o
100
Marine
*17
No par
preferred
Outboard
20
No par
preferred
(The) common
Oppenheim Collins
Otis
pfd
convertible
Apr 13
1
36% Jan
Jan
No par
May 27
73
29% Nov 30
39%
Co.
15% May 17
43% May 28
21% Jun 15
129%
168
4%%
8%
common
preferred
Oil
15
15 % Mar 20
x33%
4.40%
29
15% Nov
Feb
80
Ohio Edison Co
5
Jun
Oct
Nov
24
Jan
23
20
Feb
Aug
10
100
2
88% Nov
Feb
33%
19% May
36% July 13
xl09% July 13
12% Apr 20
29
Feb
28%
68
9
25
Sep
27
11
16
Feb
May
84
50
Mar
34% Jun
974
65
148
*145
148
8
90
90
29
*145
*15
16
*15%
*80
84%
49%
*80
14
*13%
13%
9%
•
*13%
S%
9%
9
65
65
16%
86
48 Va
|65
600
7,300
148
15%
48%
150
22%
293/a
*21%
84
49%
600
4,500
10
6,300
13%
■300
9
*63
300
49%
67%
360
130
*38%
39%
*39
40%
40
40
39
18%
183'8
18 3/8
*183/8
18%
183/4
19
18%
18%
1,100
30 Va
30%
30%
303/a
30 Vb
30%
30
30%
13,900
30
•
40
130
50 VB
50 VB
5074
2.300
31
31
30%
31
30%
30 3A
30 Va
30%
30
30%
30 Va
30 Va
2,900
94
94
93 Va
93%
93%
9334
93%
933/4
93%
93%
93 Va
93 Va
650
*134
136
133%
133%
49%
134
50 Va
134
49%
50 %
50%
*133
50 Va
135
50
*133
50
134%
50 Va
133
134
140
Volume 168
Number 4759
THE
COMMERCIAL
NEW
Ranre for Previous
Year 1947
Lowest
3 Ms
Rang• since Jan. 1
Highest
,
Jan
9 per share
Feb
7
59%
*
31/2 Dec
Oct
2
Dec
7%
Feb
4% Feb
Dec
14%
Feb
8% Noc
6% Apr
9
40%
Jan
90
18
Dec
55
Nov
109
'
Mar
46
Feb
92
5
66
Oct
20
100
6 % Feb
11
19% Dec
v
28
19%. Dec
32% Jan
18% Feb 11
37
53%
34% Feb
2
Dec
33%
Feb
Feb
38% Feb
27
16%
Oct
10
Parmelee
Patino
49% Jun
1
16
15% Jan
2
Feb
15% Feb
11
21% Nov
1
Apr
28% Sep
109% Oct
10
Dec
18
117
Dec
15%
Jan
22
Dec
38
May
Ill
i
Jan
Sep
22
10
20% July
26%
.
Feb
16% Feb
27
22 %
51%
Dec
Jan
37
18
48
118%
Oct
103
Sep
Feb
19
45%
Dec
55%
Nov
81%
Jun
101%
Feb
86% Feb
9% Nov
120
17
Feb
26
6
May
22%
23
22
29% Dec
34% July
May
34.
Jan
13%
37
12
Jun
Dec
18
May
48%
Dec
59
Dec
Dec
23%
Dec
111%
Dec
9% Feb
14% Feb
46% Nov 30
5
Pet
May 19
95
3
Pfizer
July 13
Dec
Dec
21
103% Jun
10
3.8%
20
111
8
4.3%
preferred
preferred
98% Mar
81
Sep 29
43%
25 Yb Mar 16
39% Dec
87
Jan
6
97% Jun
85
Dec
101.
Mar
82% Nov
16
88% Oct
81
Jan
93
July
87% Jan
22
63% July
18
Feb
54% Jan
21
13% Sep 13
92% Aug 31
77% Jun 15
12
10
14% May
7
1
34% Jan
5
1
103% Jan
11% Nov 10
-
50% Mar
12.
Jun
30%
99%
96%
10,
Apr
33% July
Dec
108.
30% Dec
Feb
Dec
96%
16%
98% Apr
Dec
May
Oct
88
Dec
18%
Jan
16
Dec
102
Feb
110
Jun
14
11% Feb
11
Mar
82
Dec
32%
Dec
26
Dec
12% Feb
113
169
Aug
142% Nov
10
155
Jan
157
16
169
32%
Apr
42%
Feij
30% Nov 24
39 % Jun
10%
Nov
7% Nov
10% Feb
10
Jan
11
20
Jun
9
27
165
Oct
20
114
15
67
Dec
140
Apr
59 %
'Oct
May
93%
Jan
Oct
Jan
73% Feb
28
84%
May
Sep
20%
10% May
171
140
Dec
15
Feb
13
Jan
145
Jan
9
27% Dec
10
200
17% May
38%
71% Mar
Oct
Oct
July
46 %
$ per share
Sep
21
14%
38
Apr
0 per share
Jan
Dec
33
Jan
29% Feb
14
Oct
11% Dec
7
12%
15%
Nov
12% Jan
28
16
May
33%
'
15% May
85%
Feb
43T
Nov
32% Jan
!
i
106%
24%
20
;
71% Jan
*102
convertible
Feb-27
Mar 11
.
Diec
I
32% Nov 24
Dec
Jan
101% Feb
13 ;
Feb
x25
11 V
10%
Dec
1
Feb
80% Feb
15%
94% Dec
28% May
17% May
Jan
105% Mar
41
•
'32
38%
Dec
16% May
11
67/a Oct7
89
?
Nov 10
8
20
Feb
31
39
July
Feb
108% Mar
16%
7% Feb 20
63% Feb
Dec
Dec
May
7
22% Feb
Nov
Oct
17% Dec-
5
27
33
187/8
Peb
Feb
37
9% May
X25% Feb
Dec
22% July
48% July
11
.9
.29%
Dec
96
.
:36%
8%
327/8
8
109%
7% May
(/
Feb
4%%
Jan
Jan
.
42
'
May 18
3
' July 12
33
25% May 28
15
;
Jun
17
27% July 12
36% Feb
24
45
Apr 27
31
Feb
16
39
Jun
10% Dec
9
15 y8
May 27
Jan
21
106
11% Feb
11
May 17
18
Nov
2
16
May 21
Dec
14%
Nov
8 % Dec
10
29%
Feb
20% Dec
8
25% May 21
10 %
17%
Feb
8% Dec
3
13% May 24
62
Dec
84 %
Feb
53
Dec
10
9% Dec
10
14% Jan
7
66
Aug
4
15% May 21
14
91
,
,113% May
24% Feb
May
Dec
.
.
110
Apr
5%, Nov 29
22% Feb 11
103
Jan
5
15% Nov 26
82% Feb
17
23
111% July 14
21% May 15
102
:
Oct
21
12
11%
*8iy4
83
83
*811/4
115
11%
xl 1%
*811/4
83
♦81%
83
32 y8
313/4
32
31
16
32
X15%
153/4
153/4
153/4
3,300
153/4
2,200
143
*140 '
150
*140
150
*140
150
162
162
*158%
162
*158%
162
*160
162
31%
32
31%
31%
313/4
8 3/8
83/s
15%
8 3/8
15%
*160
8%
153/4
170
83
*160
83%
83
83
72%
84
831/4
*70ya
721/4
*701/2
72%
*20 %
21%
203/4
213/4
*138
29%
144
29%
*138
29%
8%
*160
1,400
600
170
83%
83%
180
72%
*70%
723/4
120
•21
22
*21
22
300
*138
144
*138
144
X28
144
29
10,600
15%
15%
15%
170
10
20
31%
83/a
8%
♦15
*160
„
31%
31%
8%
153/4
170
.
72%
144
1,400
31%
143
.
100
11%
28
29%
27%
273A
3,000
Monday
Tuesday
Dec. 6
10%
10%
Wednesday
Dec. 7
9 per share
101/8
*10
Thursday
Dec. 8
A per share
10%
*10
Friday
Dec. 9
9 per ehara
9 perehare
10%
10%
♦10
Sale* for
Dec. 10
.
thaWeek
9 per ehare
*10
300
42%
43%
*39%
40%
12
11%
11%
13%
1,300
13%
13
13%
13'/4
13%'
13%
13%
13%
13
13%
7,600
1
41%
41%
41
42%
413/4
6%
'
13
6%
6%
25%
*24%
64%
64%
*21%
21%
*21%
86 VA
* 861/4
86%
21%'
80% '
36 Va
361/4
363/b
30%
20%
20%
20%
20%
20y8
25%
34%
'25%
*64%
'•
No par
!
—No par
•
/.
-
,
:
25% / 253/4 [
6%
6%
26
100
No par
Rayonier Inc common
1
preferred
25
Reading Co common
50
4% non-cum 1st preferred—1—50
2nd preferred
common
Inc
50
5
100
.
33%
313/4
*107% 108
26%
*18
50c
423/a
44%
67/B
6%
64%
15,800
200
6%
6%
25
25%
253/4
243/4
24%
643/4
64%
64%
64%
65
21
21%
21%
84%
86
383/a
-
36%
363/b
203/8
20
25%
253/a
343/4
34%
34
'
31% -32%
31%
31%
.
27'/4
'26%'
27%
*27
18
19
27
18%
17%
17%
18
107
21%
21%
85
84
36%
363/a
36%
20%
20
20%
20
"25%
25%
25%:1 25%
21%
♦84
21%
;
.
:
xl05%
343/4
2,700
84
,
33%
30%
34%
31%
107
107
333A
28
28
28
18%
18
18%
31%
•
♦106% 107
28
* 28
17%
i
}
'■
15,100
16,700
23,900
!
loeo
|
900
34%
31
-160
3,000
11,800
•
105 Va
»
•400
20%"
25%
7,500
3,200
36%
;
85
31% t 31%
:
26%
107
:
'
107
107%-
6%
36%
♦84
•
*
\
'
6%
25
64%
20%
"
63A
26
64%
►25
643/4
'
t-
I0O
No par
pfd
33%
30%
f
25%
33%
-
41 Va
'
*24%
...
5
com
com
■
Shares
10%
41
'
.
17%
1,000
13%
12%
13
12%
13%
12%
13%
13%
13%
133/a
133/4
69 %
68%.
683/4
68
69%
693/4
70%
X68%
6&ya
69%
69%
112,100
1,200
,;
69 %
7%
7
7%
7%
7%
7%
7%
7%
7%
17,700
;
92%
92%
150
!
7%
7
*92
'
7
93y2
*92
*32
22%
*92
93
92
92
♦92
93
13%'
28
28
27%
273/4
27
273/a
27
27%
*27
27'A
28
28
28
28 »/2
28
28%
28'A
29 "A
27
28%
32 %
323/4
32%
32
32
32
32
32 Va
32%
32%
*223/4
23
23
23
22%
23
22%
22%
22%
?
500
22%
1,100
• ,;*27% ; 28
27%
93
•
27%
.
*42
*42
42%
*35y2
*10%
*35%
37%
*35%
*10%
10%
*10%
42%
37 %
11%
*101
106
12 %
12 Va
*101
12%
106
*42
*100
12'A
11%
♦32
22%
42 %
•42
42%
•42
42 y2
*42
37%
♦
•36%
37%
*36%
373A
*36%
10%
10%
10%
10%
*10%
106
12
•99
11%
ioy4
105
♦99
12
12%
104
123/a
*99
12%
-
1,000
4,300
42%
373A
10%
500
*
104
12%
2,200
A Co—
$1.25 div prior preference
10
Reliable Stores CorpNo par
Reliance Mfg Co common
5
Conv pfd 3%% series
100
Remington-Rand common
50c
$4.50 preferred
25"
Republic Stefel Corp com
No par
6 % conv prior pfd series A—100
Revere Copper A Brass com—No par
5%% preferred-:
—100
Feb
Feb
12
300
100
*40
com
Raybestos-Manhattan
Reo Motors
12
32%
100
•11%
33% Oct
15%
307/«
7
'
12
-
♦32
*102
100
115
11%
Republic Aviation Corp
Republic Pictures common
$1 convertible preferred
3
•102
41
13% May 8
5% May 20
11% May 21
10
100
115
11%
29% Jan
6% Feb
32%
32
100
12,900
41
24
2% Dec
32
100
*102
12%
*40
11% Nov
Jan
*31%
115
58%
40 y2
Oct
Feb
1001/2
13
11%
99
8%
313/4
100 %
*102
58
*11
591/a
*11
42%
87% Nov 23
22% May
101% Dee
31%
58%
13
40
Jan
9%
59%
*11
'11%
Aug
Dec
58 Va
13
12
17
4% May
3% Dec
60%
21%
29
10
41
10
102
33%
91
12
Co
Dec
Jan
11%
*88%
*40
:
Bros
*10%
12%
:
(Robt)
11%
91
87
12
1
Reeves
*86'A
*10%
•88 Vi
41
Nov
Aug 24
10%
Radio Corp of America com—No par
—No par
non-cum
87
11%
*40
12%
9%
591/4
*11
84%
72
88
91
'
83/s>
*20%
9 per ehare
•: Quaker State Oil Refining Corp__10;
4%
*86%
*10%
*88%
113/4
91
1
5% conv preferred—
Purity. Bakeries Corp_
Real Silk Hosiery
7% preferred
88
*881/4
200
LOW AND HIGH BALK PRICES
96
24%
88 »/2
*861/2
*103/4
91
15%
*138
Saturday
.
$2
13,800
40
170
84%
29%
413/a
41
14,400
8%
72%
413/a
93
148
;
15%
20%
41%
*88%
83
*160
144
29%
Colorado—20
18
20% May
Dec
72%
20%
*138
41%
91%
313/4
■
13,800
91%
162
84%
20%
91%
31%
31%
*83%
Xl9%
*88%
17
8%
211/8
893/4
32%
15%
70
203A
*88 %
13
*8iya
170
500
851/4
167/a
8%
60
97
105%
39%
12
*15%
107
*95%
*105%
85%
321/4
*160
*1051/2
96
105%
38%
12
Dec. 4
Inc
of
34% Jun
35
21%
107
96
105
85
115
31
*105%
96%
1053/4
39%
17 »/4
*160
107
*94%
38 »/4
'
Ralston Purina Co 3%%
20
300
85
33%
No par
4
28
101
Power
98% Jun
16% Feb
23%
85%
17
No par
No par
100
$3.50 1st preferredRadio-Keith-Qrpheum
July 28
233/a
530
5
75% May 27
11% May 19
x36
23%
50
38%
33
$1.40 div preference com—No par
Pullman Inc
;
No par
Pure Oil (The) common—^_No par
.
23%
40%
16%
100
preferred
Co
23%
50
No par
Industries
cum
8,900
*84
33%
1
Pub Serv El A Gas
5
108% Sep
$4.75
50
203/4
41
16%
preferred series A__50
Public Service
30% May 15
53
conv
96%
20%
20%
33%
—lo
B
*94%
20%
*106
1
5
Electric
Publicker
-
Rels
12%
class
50
95%
20%
38%
60
162
preferred
49
95
20%
85
100y2
*143
10,200
96 y8
20%
113/4
31%
140
5,100
52%
38%
*102
*143
473A
52'A
85
88
-
59%
83
900
47
38%
*100
*82
6%
48%
92i/a
*11
12%
16%
2,500
38%
115
12 %
30
11%
523/4
521/4
*105%
1
.
Pressed Steel Car Co Inc
94
Apr 26
39% July 6
24% Jun 25
15
t
68%
,
No par
Procter A Gamble
28% May 25
81
24% Dec
preferred
.
11%
16%
*16%
\ 48
500
102
49
'*
96%
40
11%
11%
22%
*101%
*23
106
203/8
11%
8%
223/4
22%
103
*95
107
96%
8%
8%
22%
•101%
.20%
.
233/a
*105%
101
100%
No par
com
44,700
9
223A
103
48%
40%
*86 %
32
83A
8%
♦22%
11
85
♦88%
*31
300
16%
21%
*103/4
91
25
Potomac
9
18i
Marv
11%
Pond Creek Pocahontas
May 21
32% Jan
Dec.
Oct
88
*88%'
Poor A Co class B
11% May 18
35 %
16
Feb
01% Feb
*86%
common—
12%
53
106%
963/4
*91
13
*10%
11
49%
108
37%
'
11%
♦101%
20%
*11%
-100
*11
96%
*84 -
'92%
300
49
com new-No par
Plymouth Oil Co
4
Jan
.
*91
100
95»/2
523/a
*23
110 u
108
95%
48%
23
800
*106
95'A
♦16%
20 5/8
26,900
*93%
16%
95%
13,600
16%
38%
17
95 Va
52%
48%
107
17%
163A
*373A
>
30%
50%
50
40
37%
'17%
*293/4
52%
106'
107
113
♦109%
30%
49%
20"%
20%
39%
113
28%
*293/4
*16%
961%
96%
85
'37%
—100
Plough Inc
24
Jun
62% Feb
25 % Dec
51% May,
211/4 May;
39V8
52%
106
20%
*84
Par
16% May 20
14 % July 12
22% Nov 29
,
20
£
3
EXCHANGE
38%
f
20%
NEW YORK STOCK
102%
Dec
30% May
•
70% May
46
5% Nov 26
Feb
71%
Dec
May
1
16'A
5OV2
108
\
97
106%
17%
*26
293/4
Xll%
23
108
*96%
common—5
Pittston Co (The)
12% July 28
6
Oct
19%
Dec
*107%
17%
108
12%
20%
23%
*105
12%
*95
<
*109%
173/4
10
.
281/2
♦93%
,
22 3A
12'A
49
*22%
100
12%
50
1,600
18%
29%
103
16%
20%
1,300
18
10
18%
113
•106
9%
223A
*101%
49
20%
preferred class A
—100
5%% 1st ser conv prior pfd—100
Pittsburgh A West Virginia
100
Pittsburgh Young A Ash pfd
100
July 13
102
96%
*95
100
8 per share
9% May 10
35%
57
*49%
9
23
102
*22%
59
Lowest
19% May
11% May
9
50
10
•93/4
♦26
17
91/4
52%
58
Range since Jan. 1
Highest
Highest
10
16%
52%
5%
7
9
49
5,300
373A
12
51%
800
47%
16%
*11
"
28%
373/4
101%
10%
1,300
28%
17
94
800
13% i
47%
373A
*92'A
400
"
7%,7%
13%
28
16%
931/2
26%
8,100
47%
37 3A
*92'A
%'
273/4
28%
xl7%
105
700
3,500
/
47%
17%
105
29,500
;
25
26%
.
38
30%
9
8
2
'
243A
133/4
17
107
22%
40
2
25%
8
13%
37%
*29%
48%
No par
♦109%
30%
223/4
25%
171/4
STOCKS
Year 1947
I per share
8%
No par
113
*29%
10%
*10%
•
2%
253/a
38
*105
105
22
40
25"
18
*110
93%
93%
-
♦103
-
10
18
17%
40
6,400
2,200
28
*25%
173/a
40
2%
90
/7%
-20%.
47%
29
31
*11
Ranre for Previous
Lowest
*104%
_5
7%
26% Oct 23
161
17%
*37%
100
3,600
7%
22%
8.
10
183A
105
22
13%
47
10%
183A
7%
*26
17%
17%
17%
37%
25
Pittsburgh Screw A Bolt-.
Pittsburgh Steel Co com
82% May 10
9
113
17 %
*30
'
:.
29
*110
107
10%
18 3/4
*26
17%
17%
10
18%
"•*
112ya
7% gtd preferred
Pittsburgh Plate Glass Co
22
10
29
Pitts Ft Wayne A Chic Ry com__l00
14
July 15
96
18%
—.1
Pittsburgh Forgings Co
2
10
Apr
10
16%
Pitts Consolidation Coal Co
1
May
8% May
7
Feb
47%
No par
$5
July 28
203
27%
47
——No par
Pitts C C & St Louis RR-——_10o
36% July 15
15
Nov
271/4
100
Pitts Coke A Chem Co
23 % Jun
Aug
271/2
47
No par
Corp common
preferred series A_
Pillsbury Mills Inc
$4 preferred
8
165
27%
46 3/4
37%
—100
Phillips Jones Corp
5% preferred
Phillips Petroleum
Phoenix Hosiery
10
163%
27 ya
46%
12
4% preferred
3.60% series preferred
Sep 13
93
3
11
4
<
•
100
Philip Morris A Co Ltd
15 % Jun
Mar 16
16
3%%
*27%
■'
73/4
*103
263/8
13%
11%
Phila & Reading Coal & Iron-.
July
13%
15%
95%
'
193/4
20
T
10,600
521/4
50%
*94
7%
.
20
2%
*25%
133/4'
5
Philco
26 3/8
7%
13%
7%
7%
"
253/a
7%
102
__
2Va
133/4
22%
45% July
91
*25%
•
7%
*15
15%
51%
95 y2
21%
25
7%
*101 %
19
Feb
Jan
15%
50%
♦94
41
13%
18%
100
22
109j
26%.
2%
10
100
1
21% Nov 29
Dec
-
103%
*40
25%
27%'
—No par
28
Dec
253/4
2%
25
46 y4
„5
;
Jan
Dec
2%
25%
_100
common
91
85
2%
25 %
26%
10
preferred
88
2%
25 %
,
21%
*7%
No par
50
com
Corp of America
$6 preferred
Electric Co
57,600
20
13%
10
$1 div preference com
25
*2%
25
♦25%
L_100
4.4%
Jan
40%
33 %c
9
Jan
40
___No par
8
1\
40
*110
25% Sep
28
40
*
115% Jun '
Nov
40
—100
3
35%
40
*26
21
Jan
21%
'
Jan
Jun
20%
7
Nov
Oct
2iy4
5
Co
104
16%
103 %
21
par
Corp
120% Aug
109% Aug
10% May.
*102
Corp com__No par
Phila
8%
16
7%
7%
•211/4
No par
103% Sep
95
7%
103%
__2.50
22
8%
96
21
1
__
104% May 15
24% Jun 14
201/2 Nov 24
8%
52 %
*102
—No par
Jan
8%
95
1
Phelps-Dodge Corp
Philadelphia Co 6% preferred-
59
27,100
51%
♦102
Brewing Co
(Chas) A Co Inc
3,700
43/s
*i5ya
103 y2
preferred
Petroleum
41%
4'A
16
*102
Co common
40%
4%
40 3/4
4%
9%
53
1
Pfeiffer
55
109% Aug
27% Jan
Milk
40%
4%
96
100
Inc
Ry Co„;
4%
41 %
20
—
4%
52%
7%
Shares
4%
96
'7%
the Week
3%
53
20%
Coke
25
Sales far
Dec. 10
I per ehare
3%
96 V
"52
*95
'
Peoria & Eastern
4%%
*15
96
20
20% May 15
64% July 12
7
,*15%
16
52
20 y8
Pepsi-Cola Co
6
13
15%
*15'
20
.
May 19
40% Feb
8%
___No par
preferred
7
48% Dec
4'A
9
7%
Light Co
Pennsylvania RR
Pennsylvania Salt Mfg Co
3%% conv series A pfd
Peoples Drug Stores Inc
Peoples Gas Light A Coke
21
Dec
4%
8%
20 %
Penn Power A
6
Mar
29%
5%
17% Jun 21
2
4%
8%
7%
Cement
20% May
24% Jan
104
11
Jan
62%
Apr
49%
97%
9
28
Oct
36%
21%
22% Dec
A
30 % Jan
7% Nov 26
98% Oct
.
8% May
Coal
Penn-Dixie
6
Oct
99
4%
8%
3%
40
*19%
preferred
Penn Glass Sand
May 24
Apr 22
Apr 22
45% Jan
8
"
Dec
Penn
34% May 7
•112
Jan 14
Dec
17
:
Penney (J C) Co
24%
4%
8%
3%
42
1
Penick A Ftonk
36
Sep
4%
3%
Friday
Dec. 9
-
Transportation
7
29
4%
8%
52
Mines A Enterprises
Jan
13% May
xl07
3%
43%
cora______No par
Parke Davis & Co__
Parker' Rttsfc Proof Co
.2
10
May 17
16% Jun 18
7
3%
43%
*95
Park & Tllford Inc__
Park Utah Consolidated Mines.
.
37
24
48%
Apr
Feb
3%
43%
No par
com
Refining
convertible
Paramount Pictures
30% Jun 11"
6% Mar 16
9
271/4 Dec
4%
May 21
33% Jan
10
38"% Nov
-
Sept
38% May
8
3% May 17
24% Nov 29
13% May
32 %
7
24% Dec
Feb
14%
Dec
87/« May
Jan
Jun
51
Mftr 16
34%
May 27
26% May 27
10
43
28% May
7
2
4% Jan
Dec
Jan
3%
42
Thursday
9 per ehare
9 per share
41%
100
Paraffine Cos Inc
109™ July
Jan.
Pipe L
105
Dec
Sept
Panhandle East
11
2
96%
97
Oct
May 17
t per share
1
Motor, Car
No par
American Airways Corp
_2%
Pan-American Petrol A Transp
.5.
10
9% Feb
Wednesday
DA. 8
Dec. 7
I per share
10
Packard
4% preferred
Panhandle Prod A
Jan
Tuesday
Dec. 6
9 per share
Pan
11% Jun 21
5%
Dec. 4
Pacific Tin Consolidated
Corp
Pacific Western Oil Corp__
6
11% May 21
21% Jun 21
13% Mar 16
July
-
Monday
(2449)
RECORD
Saturday
Par
62% May 21
5% May 17
13
8'/i
May
STOCK
•„
$ per share
39% Nov 29
4%
13
CHRONICLE
LOW AND HIGH •ALB PRICES
NEW YORK STOCK
EXCHANGE
Lowest
8 per share
May
21%
YORK
FINANCIAL
STOCKS
Highest
9 perthare
&
Inc
1
*9
93/8
93/8
8%
*20%
21%
*20%
22
20%
20%
20%
8%
8%
*8%
9
8%
8%
*8%
*55'/a
56%
*551/8
*55%
56%
*9
9%'
10
9%
10
*85
88
12
*9
*85
12%
12
56%
x9%
10 Va
*84
88
12
12%
93A
88
12%
55
93/8
9
8%
8%
8%
•20%
21 %
*20%
21 %
8%
8%
*8%
*8
20%
9
56
55
9%
9%
55
9%
*85
88
♦85
88
12
12
12
12
53
9%
♦85
11%
500
400
9
1,400
54
93/8
90
)
19,300
5,000
;
6,000
1,200
19,500
/
88
12%
3,800
1
8Va
8%
8%
8%
8%
83/a
8 Va
83/a
8
8%
8
8%
50c
2y2
2%
2'A
2%
2%
2%
2%
2%
2%
23/4
2%
2% V,
10
5%
5%
*5%
53/4
5%
5%
5%
5%
5%
6
5%
5%%
26%
26%
27%
26 »/2
26%
26%
20%
*1033/4
106%
26%
*104 %
16
100
*104%
107
16
*99%
15%
*
100
105
*104%
107
15%
16%
100
■
15%
100%
100%
15%
*100
15%
100%
,
26%
26%
•103%
106%
15%
•100
15%
100%
26 %
104%
15%
*100
26%
..."
S
104%
13% V
100%"
For footnotes see
page 28,-
1
V~rnq -VtiJ
26
NEW
Range for Previous
Highest
6%
Dec
113/4
Jun
39
90
124
May
9
16%
May
9
33% Dec
Nov
41'% Jan
2
19
50
Jan
8
Oct
14
94
Jun
1
/9
Feb
Dec
45
Feb
80
Feb
171/a Nov 30
24'% May 18
18'/a
Dec
15% Jan 26
49
31
Jan
23 % May
Feb
19% Nov
28
17
5
193/a Feb
203,4
14
153/» Mar
Nov
19 3/4
Sep
Oct
May
6 81/4
Oct
541/4 Dec
.3
17%
Dec
26 »/4
Feb
9% Dec
.2
24%
Dec
26>/4 July
16% Dec
Dec
114 »/2 Mar
107% Sep
21
40
Jun
55 J/2
Jan
393/4 Feb
5% May
Jan
8 J/4 Feb
11
•21% Jan
•
16% July
Dec
323/4 Feb
11
48% May 15
68 J/4
Dec
67
Jan
2
139'% May 28
57
Dec
60 '/a
Dec
58
Jan
29
9
Jun
12
Oct
8
Feb
13
80
Dec
98 Yu
July
79
Feb
18
91 % May 20
7 % May
II1/2
Feb
8% Feb
10
15'% Aug 24
25 J/2 Mar
•
133/4 May 27
.
101
Jan
Dec
49%
Jan
Dec
1033/4
Sep
88
90
Dec
102 »/4 July
13'/a
Nov
173/«
55
5
J/2 May
10 »/2
Dec
20 J/2
30 3%
40%
243/4 May
62'% Jun
7
20% Jun
14
11
59% May 6
8% Oct 25
5
Mar 25.
43% Nov
5% Mar 17
143% Jun
Feb 26
Oct
30
Feb
11
463% Oct
11
273% Jun
10
Sharp & Dohme common—-No par *
Feb
25
78
Apr
21
93/a Dec
7
15% Jan
$3.50 conv pref series A—_No par
Shattuck (Frank G)——No par '
Sheaffer (W A) Pen Co——_1
Shell Union
68
11%
Dec
9
133/4 Oct
463% Jun
15
1
7% Jan
Feb
12 I
Dec
283/4 Feb
63/a May
9%
Feb
5
4
63/4
Feb
4 J/e Dec ,1
Mar
Dec
37%
5
Sheraton Corp of America--——1
5%
7% May 18
5%
*4'%
26%
41
Jan
26
-Nov
26
36
May 15
Silver King Coalition Minesjv
5
Simmons Co.
No par
51
Feb
35
Dec
1Q
44
Jan
Simonds Saw & Steel
15
Feb
11
14
May
18 Ve
Dec
65
Mar
117%
Dec
15
May
32% Jun
'92% Feb 10
18; Feb 11
Oct
.24
160
r
28% Dec
Oct
Jun
Dec
35%
Jan
133/4 Mar
171/4
Dec
1
81
Sep
9
91
39i/a
102 J/a
Dec
Sep 29
17
51/4
Nov
541/2
9
16,
223%
Jan
5
24
104% Jun
39
May 17
8% Oct 22
,4
Feb
17
Jun
.
52
14
5
*
.7
45% Aug
60
11J/4 Nov 30 "
Oct
37% May
56
Jan
36'% Mar 17
40'/a
Nov
421/a
Dec
36
27
Dec
34%
Jan
251/a Mar 16
30% July
22
.July
28%
Feb
20'/a Feb
30% JUly 12
623% July '9
50% Jun 23
34J/2
28
Apr
43'% Feb
2
27
11
Dec
50%
Jan
33i% Feb
11
Feb
•58 J/4 Feb
20
*70
Aug
.68% Dec
9
,73
Nov
81
Year 1947
Lowest
Highest
$ per that«
15
4 "/a
{
20%
Feb
: 13
4
8
May
Dec
93%
23%
Sep
31 % July
14%
16 3/4 May
„
Feb 26
43% Nov 3j0
Jan
63
Jan
"
Aug 25
22 % Nov 13
.
203% May 20
.7% Jun- 25
8% May 23
,73 1 Jan
5
29% Jan
'
•;
.
Spalding
.
Oct
Feb
7% Mar 16
.14
Feb
61% Mar 17
'74
Conv $4.50 preferred——^No
SduarA'D Co>
———...
Squibb (E R) & Sons eommon
$4 preferred——1—'
No
27
Nov
'15% Feb
99
Nov
231/4
Dec
21% Aug 10
451/2 Jan
112% Feb
37% Jan
*
83
Dec
102
.
63
8
18
Aug
79% Oct
Jan
17% Nov .30
Feb
Feb
4
10% May
Jun
3
91% Jun
10
50%
"68%
:
Dec
49
Jan
88
301/4
Nov
;* 32'% Mar
19%
24 3%
Juri
17
May
25%
39'% Jun
Feb ;10
97
Dec
36V4 May 21
16% May 26
Feb
12 % Feb
Oct
93A Dec
10
11
Jun
2
.18
Jan
20
Jan
8
Feb
16'% Mar 16
6% Nov 30
51
109%
May
Dec
Apr
91% Dec
75% Mar
125
9
50% Mar 19
Oct
11% Jan
' 7
5
98'% May 25
707% Nov 24
113% Ja n
31
9% Feb
11
173/4 Dec
9
15% May 24
21% Jun
9
19% Nov 30
Jan
2&Y2 Jun '21
123/a Sep
32% May
45%
8% May
17% May
241/4
5
*
"43%
Jan
,
343/4 Mar
2
120
43
July
1
July 13
/
■
•
■
83%
20%
*82
21
*54
•.57'/2
20 7%
56
17
17
44
44'%
1011%
jaiJ
13
May
--14%
1L
160
May
36
Jan
9% Mar
Oct
,18'% Feb
Dec
140: Mar
24% Feb
-
47
Mar
14
.
1
11
34% Nov 29
21% -Oct
-r;/9o>t- footnotas «ejpage/2£U
Feb
1
11
*23
*
7
7
38 %
53%
«% Nov
10
Jun
17
9
16% Jan 19
1,300
5,800
*63%
7'%
400
38 3/a
38%
21,900
10%
103%
2,200
5%
.,5%
*' 53%
9%
10
*99%
103
7%
*53%
10%
17
43%
383%
,103%
53%
6'%
10%
10'%
10
273%
27%
37%
*100
9%
102'%
.
11
?
103
*99%
28
700
6,700
27%
7,600
.37%
-37
37%
37'%
37'%
37'%
37'%
2,000
24
24'%
24
24'%
233%
233%
X23 3%
233%
*77
79%
*77
79%
79%
*77%
79%
•93/a :■/' .9%
93/a
9 '/2
9%
9%
9 3/8
*12%
373%
37%
■373%
53/B
5%
5%
53%
4%
4'%
27
273%
•26%
27'%
35 3%
35%
*35
36
23
23
233%
20 3%
203%
,24'%
243%
*35
121
*20
v.
I
4»/s
263%
20
3,200
1,600
35
4,600
400
'22%
23%
57.300
120'/a
*20 '
1213%
2,200
20 3%
300
24%
.24%
1,400
29%
V 2,600
/
.
20
10 500
27
35
118
24%
24%
5'%
-4y8
f;
36
23%
227/a
39%
•'
•;
1,500
1,700
13
'
5%
•■.•■;.
27%
118
/
20 3 4
24%
4»%
27-:
23'%
*118
118
53%
4% /
-
4ya
•f'4ya-'
*12%
39%
5'%
•
•
39
38'%
:•
-.27 y8
:
13 ..v.;
*12%
38'%
116
28'%
*77-
•'
13
*12%
13
27'%
<
9%
29'/a
29%
24%
-
29%- .29%
29'/a
*81'%
83
*81'%
82
*81%
82
*04.
94%
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94%
*94'/8
95
17
17'%
*17
18
•17
17
:17%
17
•
94
97
3%
/
43
42'%
37'%
!>
,.
28 %
28%
28
45 ■;/
I *41
45
55
/ *54
.55
11%
12
12
12
42
42
37
37
27'%
28 3/a
27%
27%
5,200
50'%
493%
.50%
.*.49%
50%
,13,700
4l7%
41
41 Vb
41'%
60
60'%
60 V2
,413%
:60%
68%
68%
*68%
-
Wednesday
68
24
27%
,83/a
133%
>
68
,;.6%
200
:
2 200
•
5100
1,200
/
1
69
5
*62
'
24
28'%
8'%
83%
c
65
,-
i
68
,
*23%
6'%
s
60
4%
;■ i
:
/
19,200
400
;■
4%
1.000
24'%,
24:
27%
1,400
■>
68
*62
*
24'%
273%
6
53%.
for;
Shares
13%
13%
<68 ::
/ 24'%
Sales
the Week
:
share
9 per
v
/■
4%
4%
*62
24%
>
6%
:
Friday
Dec. 30
13%
13%
i
/
:'v
t per share
13 3%
5%
5
?
27%
28
'
5
Dec. 5)
% * per share
233%
24
r-.
.
*62
^
,
13'%
5%
Thursday
*
•'
Dec. 8
share
"43%
5%
<
2,700
37
37
SALE PRICES
Tuesday
'/-••;/ Dec. 7
5'%
42 -/
.28%
/
69
■
1,800
,
,28 3%
*65%
13%
<
413%
69
S per
;
,28%
*68%
.;
100
"
-61
13%
..
3%
60%
HIGH
1,700
3,400
28%
49%
,
600
,.
33/a
73%
;
*28 Va
413%
,
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-
3%
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28%
61
.
97-
33%
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900
44,500
*53%
42'%
28%
28%
16 3%
3%
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v.
37%
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28'%
14
70
17
17
Xl7
•
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'
97
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3%.
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17
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97
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•
v
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94
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>
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—
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.
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81%
82
25
27%
r
82%
.
=
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8
28
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•
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98 ;
98
8 ' : /
■
3,100
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9,200
'
64%
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16%
165/a
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65
19%
82%
82'%
18%
18%
>18%
*101
102
112
73%
73'%
25%
*93
13% I
73%
^
73%
■
26'%
14 ;
40
24%
290
'■- 38
-;>38
20'%
20 3%
823%
823%
83
85
-18%
*
98 '/a
19
r
18% "18%
100
"
*108'%
110
'
101
40%
733%
73 7%
257%
94 '.;•
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-14
40
*37
M
72 3%
73%
24%
25:
25%
"13
\ »
33%
/
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».
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;
13 '%
13%'
•
9%
.
10
16
/
133%
21'%
__1
34'%
34%
91
91
91
243%
25
13'%
13 V2
14
-
13'%
/
25% '
.
.24%
;
*153%
..
38%
*12%
34'%
33%
'
92
25'%
♦
*37
13'%
13%>.;'./ 13
/
33%
5
15
(The)
37
37;
1l
13%
13%
97/a
.•
.
9%
.16'%
16'%
137%
21%
22'/a
.35,500
i i
14,000
■
100
95%
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<94
14
•14'% '
14
*40
»
'
40'% "
40
-
40
*37
*.
P
14'%
„
•
800
>*37
39
-
39
*12%
13
600
34%
34%
.
200
125/a
.
;
{
'
343/a
343%
92%
92
92
24'%
243%
24
24'%
13%
13%
i3y4
13%
13'%
13'%
♦;•.>'
;
t
common_/_^
1
:
Class A 4'%% pfd.—
Sunray Oil Corp common
4'%7o
preferred series A
preferred
series
B
Biscuits Inc
f
>'"
6%
»
"91
93
*1153%
1
-
12.50
'!
6%
.
"?••
2.700
16
133%
13%
21%
20%
7%
6%
*90
10
15%
13%
,
•
16
t
9%
7,900 :
<
200
9%
10 Vb
*153%
15%
15%
:
11%
18%,:
U.S.%
11%
11%
18%.
18'%
19%
20ya
19%
38%
38'%
38%
<
19'%
38'%
*91'%
92'%
62
115%
18%
19'%
r'
7
38%
.
62'%
*91 y8
93
t
4,100
21%
13
20%
21
6%
7
5,400
;•
1
18,700
,
■
6%
7
Superior Steel Corp
Sutherland Paper Co__—
•
Sweets Co of America (The )__4.16%
*9'%
*25
158
50
10
'
25%
160
<15
'
9'%
9'%
'
36
*9»%
-
24%
9%
..
..
*35
*9
.
91%
15 ya
...3.6
~
.
*613%
62
*1153%
•11%
11%
11'%
11%
as y4
18'%
i8y$
20
193%
197%
38%
38
38%
9'%
173%
17%
1,800
19%
193%
19%
19%
"8,200
38'%
38'%
38
38
93%
93%
9'%
24'%
24%
233%
4
165
165
•
15 y8
15%
36
36
*9
9%
•*8%
-9%
/.
90
11%
9%
36
2,700
116
1734
24%
14%
10
62%
*1153%
173/4
9%
143%
'4,100%
H'%
i
*24%
36
62
-
•'
93
*91%
116
*i8'%
164
'
91%
62
62
*1.153%
164
170
14%
.
9%
25
*162
'
15
*35
<
'
'
93
116
62/
1153 ;4
62
115%
7
164
153/s
*35
>
•
9'%
-
-
24
^
15%
•35%-
11%
11%
r
5,100
24
162 *
900
162
*15
-
6,400
2,000
93/a
9'%
24
165
800
15'%
35%
900
35%
500
•'
9'%
,9 '%
■
1,200
13'%
13%
20%
21'%
■>/•.•.
10
15%
i3y2
13%
■
,7
*91%
"
116
11'%
"r ;
25-'
•
7
'62%f
*62'%
100
—25
" ■■
/
6,700/
34%
"
;
t
i
8,100
r 12%
38%
93
9%
10
>
24 7%
21/
14
213%
...
9%
/
13,300
24%
34 y8
*89%
!
..
'
12% ; 12%
16
-
-
i
12,000
•>393%
73%
|
500
65%
39%
"
...^No par
1093%
94
14%
40
100
65
40'%
73%
25%
•
6,500
200
*98%
1093%
.
23,800
•
1,480
65%
39%
40'%
2,500
/
190
*98%
.111
*93y«
6,100
•
99
98%
20%
65%
14'%
13%
•
19%
40
94
v.
.
98%
•
65%
*40
14
40
^
>41
25%
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-
v
2434:
:
18%
101'
111
41
72%
.
95
.
233%
16%
823%
X64%
68
40%
-
26'%
26
<
z
94
67'%
41 Ve
40%
,
20%
"111
,68
16%
98
20%
111'%
•■•
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•233%:;, 23%
973%
100'%
<
16%:
82%
,
.
100%
/
*40
16%
20'%
/
19'%
13%
;•'
23 3%
18%
253% "
*93
50/
1T'%
,19yapf
102
V"
.
72%
25
'
98
203%
19
~
16%;
23 3%
17'/a
17%'
"100
Superheater to (The)——No par:
Superior Oil of California—/
25
19% Jun
200
16%
43'%
10''%
:
38%
10%
60 3%
"4%
66'/27
81%
Sunshine Mining Co—10c
•44% Jun 14
54%
*53
'
*53% '
,
102%
97%
-
11% Mar 31
235
20
6,100
17
*6%
39
"103%
27'%
20%
par
No par
28V4Jun
9
,,
44%
17
•:437%
•
13% Mar
20
92
,*89%
55
*53 v
17
44%.
•
413%
xl3%
8%
'
-17
$4.50 series A preferred
No par
Sun Oil Co common—/—No par ;1
Sunshine
21%
$ per share
4
68
*
66
1
preferred-../
Sun Chemical Corp
-4'%7o
20 3%
17
'-T1;3%
5%;
,
i
"62
preferred——————100 •*
■,
82%
21 y8
213%
*82
45%
'
*57
Dec. 6
"23% " 24%
27%
28
5"
Stevens (J P) & Co Jnc—
•
83%
82%
Monday
13"%
13%
• ?
8ya
Spring common.—1
Studebaker Corp
.,
3,900
"99%
*68% .69
..
r
$ per share
,•
Stewart-.Warner Corp
5
Stokley-Van Camp inc common
1/
5% prior preferred—————20
Stone & Webster—No par;
18% July 1
29'% Jun 15
6
•,
114
1
2
15'% Sep 24
113% Jan
;
Feb
15% Feb
10% May
JL05
July
^
Dec. 4
preferred series A——100;
3'%%
' 7
12%
45%
"
Sterchl Bros Stores Inc——
Sterling Drug Inc common—
8
88
24
Oct
.21% Jan
101/2 May
12
12'%
,50%
New Jersey—
104% Mar
36%
69
Saturday
par
Indiana—..
Starrett Co (The) L S
12%
61
Ohio common—10
15'% May 21
•12%
42%
of
30
123%.
83%
50%r/ 51
-
v*
of
Nov
12%
41%
•
'
413/4
*61%'
Oil
11% Mar *6
Oct
20
121%
60
50%
'41%
"60%
No par
convertible
89 3/a
17%
28;-.
Oil
Jan
34
28
'
Standard
,.36%
47
7%
28
Standard
4%
.*88%
21
,
29%
.28%
15
Standard-Steel
89%
'"82
37'%
Jun 14
23
92
*88%
46
41%
921% Jun
43yaMayll
^41'% May 26
*89%
89 3/a
95
*35
28%
41
,153% Oct
89%
41
'
37'%
29%
40'%
11
18
40%
Standard
10
700
89%
"88%
55
16
Feb
4o %
"45%
:
45
Jun
Feb
46%
46%
*33%
113%
53
38'
2,800
25;000
91%
12%
83
67%
33%%
12'%
30 Ve
89%
.25
110%,
11
350
82
12
293%
463%
*41
68'%
973% Jun
*81%
12'%
30%
*89%
'
12
109'%
35 "
82'%
12
30
123%
30%
55
66%
14
81%
/
12'%
43
109'%
11
82
14,000
29%
*113%
Standard Oil of California—_No par
Oct
8%
13
*533%
15
89
8%
29%
12
22
69'% Feb
82
8"%
8%
9%
55.„ ;,
Oct
,233/4 Nov"30
82
8%
45
Jun
of
-
"42
"53%
.
.
73
.U%
May
com
preferred
Oil
9%
ll7/a
-
121
Feb
May
Inc
90
7%
11
Feb
37
131/2 May
143/4 May
$3.50
Brands
10
118
*87
33%
27
17%
Dec
Standard
*111
90
73%
Feb
yJan
12
16
29
49
411/4
19 Va
Jan
29'% Jun
118
*88
173/a
Standard G & E Co $4 pref^-No par
$6 prior preferred—
/.No par
$7 prior preferred—
No par
54'% Jan 27.
36% Feb 13
31% Aug
105
104
5,'dOO
*111
91
233%
97% Feb
July
441/4 July
80
July
Dec
'29% Jan" 2
39'%
118
117
27% May 15
109% Oct 22
'86
63
Mar
Jan
Nov 12
125
371/4 May
94
'
19% Dec
H43/4
May
May
503/4 Mar
23%
95
36%
171/a May
89
16
17,930
*88
3%
29%
Spiegel Inc common^-—^———2
90%
Feb
11%
39
39'%
39
.
11%
"'"11%
*112
*96
55
Par
par
243/e
Mty 14
,23% May 15.
39
4 800
91
3'%
45%
.
30% Jpn 18
May 15
38%
39%.
210
49'%
118
973/4
*35.
Spear & Co common——————1
$5;5o preferred—iNo par '
Spenoer Kellogg. & ."Sons——
1
Sperry Corp.' (The)+—_——
1
-2
38%
LOW AND
'
..
11
;,77/a
"53
& Bros Inc—__1 *:
(A G)
11%'
73%
77/«
f
Sparks Withington_-y-v— ---No
.
11
"96„;
3%
;
3% /
;
.
171/4
18%
203/4 Feb 20
$ per share
11%
9,600
49
12%
.
STOCK
EXCHANGE
-
16%
1103%'
97%
>
40%
100;
Dec
133/4 May
"
«/8 Dec ' 7
NEW YORK
.
„
16%
110%
49'%
17'/a
.
*42
par
May
8
681/4
81
$ per share
•
73/a .Feb
73
stocks
.
Lowest
16%
110%
30%
7%
—;
Mobile & Ohio stock tr ctfs
6
Range since Jan. 1 :
t
Highest
■
.
$ per share
May
May
Jan
..'V';'.
Range for Previous
;
July 12
1,400
16%
?17%
3%
.
—.25
'
Southern California Edison——25
Southern Natural Gas Co
—7.50
Southern Pacific Co.——No par1
Southern Railway common--No par
57c non-dhm preferred—1—1001
50 »/4
800
9%
49'%
11
"203/4.; 213%
"11% '117/a
South Porto Rico Sugar com.No
■'
54'%
9%
37'%
24%
95
"96'%
42% Jan 15
9
54'%
9%
9%
110%
1.73/a
»■
'
Greyhound Lines—5 *
preferred—
55
*54%
9%
17%
82
/
30
17
-preferred
-..50'
conv preferred——50
8%
55
273%
,23'/a
83
"17%
5'%%
Southeastern
3,800
49 3%
29%
"81%
95
17%
29'%
437/a May 24
;■
77
May
57% May
68
Dec
6%
6,
8
2,000
18%
29%
115
25%
bud
20'%
18%
110 »/2
9
...
21
:
"81%
"94
South Carolina E & G Cq com.4.50
22
163%Jan'
23%
2 6 Vb
20
■
3%<% preferred
—100 •
4.20% preferred—100
Smith & Corona Typewriters-No par
Socony Vacuum Oil Co Inc.—,—15 U;
Solvay American Corp 4% pfd—100 /
.South Amer Gold St Platinum
1
Jun
.
114
"247%
:
Smith (A) & Sons Carpet Co com—20
9
Jun
Apr
14% May
42
.
19
23
Nov
20/
—10
//
18.
20
5% Mar
■
July
11
3 J/4 Nov
'■
Apr
12
Jan
..
98
Nov
Feb
8%
.•/•'/
•
90
'14% Feb
96
May
Oct
223/4
"20
Smith (A O) Corp—
/
.
36
113%
39'% jun
i
.'4%
26%
"35
.
Sloss-Sheffield Steel & Iron—
-
3
•••
_x.No par
Skelly Oil Co
21
35'/2Jun
>.
Sinclair Oil Corp—---—No par
^—15"
21
.25% Oct 23
Nov 29
.
29'/a May
Jun
8.
<•;:
.
26 •'■
18 7%
*88
"24
.124%
"77
79'%
9%
93/4 '
"12%
13
37%
38%
5'%
53/a
4% ,' 4%
263/4
27
353%
353%
37%
26
20%
18'%
*113
*99% 101%!
13
Oil —-——-—15
26
49%
11%
6V4, /•
- ;
5,300
xl6%
103% L
79%
-9'%'
10%
xllO'/a
.11%
"5%
37%
10 3/a
49%
V
7%
37
2,400
10%
17%
49'%
300
5%
111%
17'%
*110%
11
;
30,600
•'
5%
"•
20
9%
30%
27%
1,400
55
■
63%
27
-..37%
1,000
18%
19%'
10
11
...
843%
18
21%
26%
56
84%
,
18%
*25%
x21
38%
101'% /
.
10%
10%;
26 3%
10'%
24
21%
19%
393/8
103/4
23%
"77
"9%
"12%
27%
*20%
5%
23%
43 3%
263/4
Oil
27 Ve
21%
53%
19
213%
57'%
39
.
27 7%
21'%
5 %
23%
.17
45
7%
;
11%
6%
;
"99%
,
& Gas——*
1
Steel, Corp—--—-No par :
Sharon
22
11
22
351/2
preferred-———No par
$4.50
Shamrock
2
20
24J/4 May
53/4
10'%
2
Feb
~3%
11%
*5%
Server Inc common———i.—— 1
31
Feb
39 %
Seeger Refrigerator Co.,
5y
Selberling Rubber Co————/—1
.
1
Jan
Jan
23
"7'A
,27'%
21%
45
*44
*26'%
12'%
57%
17
44
7'%
39 %
Co./—:—No par
363% Jun
213/4
23'%
Roebuck &
Sears
94
82
87 J/4
.
57%
17
44
73A
28'%
21%'
103/a
83%
41%
27%
10%
89%
21%
"57
16%
85
18'%
•*5'%
91'%
*82
217/a
40
45
*44
85
18'%
53%
82'%
13
29%
47
12%
.;
17,600
18%
213/4
9'%
"45
"89%
89%
,83
213%
•
243/4 Nov 26
333/4
Apr
"82
1
Dec
104
12'%
\
series A——*.100
preferred
5%
29%
47
91%
89%
2,000
343/a
34
85'%
28 3%
c
6%
45
5%
10
160
6%
34%
33%
2,200
;
101%
6%
6%*
19.700
24
101%
»
18%
27%
"55
233%
24'%
103
5%
"44%
-
"203/4
91
9%
82'%
12%
29%
6%
'
ll3/8
"89
24%
Shares
thare
5
"84 J/4
45'
~10%'
Sales for
the Week
t pe.
5'%
*101%
343/8
5'%
10%
26'%
24
19%
55
97%
103%
24'%
34
21'%
39 Va 39%
'115
115
"45
"89%
"88%
—10Q '
Jan
Dec
"39
x45
17%
17%
110'% 110'%
48'%
50
823%
13
Seaboard Oil Co of Del—'—No par
Seagrave Corp __——/*/;—>—5 "
4
9% Mar 16
Dec
27 V2 May
28%
"26%
23'%
19%
55
9%
-12
com v t c__No par
Seaboard Finance Co
12% July 12
8% May 15
14%
Apr
/. Seaboard-Air Line
19
70
May
18'%
9%
"82%
12%
29%
pfd——100
3,35% preferred
6
10
17% Feb
18
85
18%
53/a
10%
92
9%
(The; common..5
Elec Co
Scranton
12
Feb
5
110
Apr
Apr
15% Feb
Feb
101
87 '
29
161/4
24
35% Feb
313/4 Feb
16%
Jun
261% July
10 »/2 Apr
Dec
ScOvill Mfg Co 3.65%
15%
'
Feb
Feb
May
7
7
Feb
63%
9
11
16%
10 Va
Jan
933/4 Apr
3
40 3/4 July
Oct
85
18%
r
17'%
111%
49'%
>?89
May 27
Oct
44
Feb
Nov
'
St Regis Paper Co common—-—5
* 1st pfd 4.40% series A——100
Savage Arms Corp————5
Schenley Distillers Corp—
-.1.75
Scott Paper Co common
No par "
$3.40 preferred
—No par
13% Feb
431/4. Dec
30'/a May
11
Dec,
79
Feb
193/a
Dec
Mar
23
12 V
Jan
16
35% May 21
5
871% Nov 30
98 J/2 Mar
393/4 May
Nov
Jun
95
393% Mar 10
92
24%
34%
28
*20%
10%
10%
39%
39'%
"111
115
51
5
553/4
40 J/4
Dec
35%
45'%
85%
x34 %
5
101'%.;
6%
6'%
18%
..*5'%/. 5'%
10%
10%
26'%
26'%
*23'%
24
20
20
55'%
55%
9'%
9%
St L-8an F Ry Co com v t c—No par
Preferred series A 5% vtc_a-100
St Louis Southwestern Ry Co—100
5% non-cum. preferred———100
6
37'/a
Dec
11 J/4 May
6%
35
20'%
17'%
"110'%
"48%
"..*101% 102'%
45'
85
273%
26
20'%
par
—rNo par
24%
101%
6%
6'%
5%
5
,24%
24%
1
May
83 '/a
45%
Safeway Stores common—-—--5
5% preferred-—--——T—j.100
St Joseph Lead
.———10
9
18
18%
"44%
Robertshaw-Fulton Controls com—1
43/4% conv preferred-—,—,—25
Ronson Art Metal Wks Inc
2
Royal Typewriter—.—
1
Ruberoid Co (The)
No par
Ruppert (Jacob)
/
—
5
16
66
23 »/2 May
£s/n
35'%
.'84'%', 84'%
.19
19
.
Roan Antelope Copper,Mines—
2
Jun
61% Jun
113
■«
101'%
6'%
35'/a
.
5%
5
Friday
Dec. !)
t per share
t per share
t ver share
Dec. 10
Thursday
Dec. 8
Dec. 7
Dec.«
$ per thare
5%
5'/a
24% 24%
101% 101%
101%
-
1
Corp—J—_No
Ritter Company.
15
May 28
18% Jan
6
24
12 J/e
Jun
Oil
Richfield
,Jun 21
72
9
108
x20
Rheem Manufacturing Co——
23% Oct 11,
273/a May 27
.8
42 V2
*
12
Mar 16
17
.
7'/a May 21.
July 12
29% July 12
29
10 J/4 Mar
Sep
Dec
18
4% Sep
6% Feb
5%
5
113,4 May 26,
29
25%
Apr
13 3/4
6% Nov
Feb
Wednesday
Tuesday
Monday
f
PRICES
SALE
LOW AND HIGH
.
t per thare
5%
5%
24'%
24%
Par
22
1043% Jan
Mar 19
92
Jan
29% Apr
,
Saturday
Dec. 4 .
Rexall Drug Inc
J——2.50
Reynolds Metals Co com
-No par
5'1%% convertible preferred-—100
Reynolds Spring
1—.—
1
Reynolds (R J) Tob* class B„—10
Common
—,—i,—,—10
Preferred 3.60%
series——100
May 15
44%
104
Dec
19
5
50J/2
36 Vi May
45
May
85
8
9
19% Nov
Jan
Nov
Feb
19 V*
$ per share
9,per share
< per share
t per thare
'
EXCHANGE
Highest
Lowest
/
NEW YORK STOCK
Range since Jaq-1
Year 1947
Lowest
;
Monday, December 13, 1948
RECORD
STOCK
YORK
STOCKS
CHRONICLE
&' FINANCIAL
COMMERCIAL
THE
(2450)
*9
.
9'%
.
,
100
.
'•
Volume
Number 4759
168
THE
COMMERCIAL
Range for Previous
f per share
S per share
30s/8
Jun
377a
Dec
277»
x29
Jan
205/b
Jan
18%
Nov
Dec
1,
27
Swift
Jan
8
Swift
22
177a Feb
27
26
Jun
8072 Apr
21
91
Aug 13
57a May
474 Mar 12
Feb
107a
3
&
Symington
,.—25
Gould
PRICES
Tuesday
Wednesday
Dec. 6
Dec. 7
tOec.8
tpei-share
$ per share
$ per
29%
Corp
297a
297a
2974
107a
1074
9%
10%
227a
227a
22%
227a
8372
837a
*82 7a
47a
1
47a
>83
5
47a
29%
297a
5
Friday
'Dec. 9
Sales
Dec. 10
< per share
the Week
* per share
Shares
29%
297a
2974
297a
9%
10 7a
10
10%
07a
10 7a
16,100
X22%
2374
2274
23%
2374
24 74
22,100
.64
*82 7a
-83%
,8274
83 7a
*83 74
83 7a
5
4%
47a
4%
9%
■
Thursday
$ per share
share
227a
*83%
Ltd
Sylvania Elec Prod Inc com—No par
$4 preferred
—No par
77a May 18
SALE
Monday
Dec. -i
Co
International
(2451)
Saturday
Par
367a Jan
Feb
2872
CHRONICLE
LOW AND HIGH
STOCK
J per share
29
972 Dec
YORK
EXCHANGE
10474 Mar
Dec
797a
NEW
Lowest
Highest
$ per share
FINANCIAL
STOCKS
Range since Jan. 1
Highest
Yep 1?47
Lowest
&
10
2372
29
5
297a
47a
5,100
110
5
4,500
T
10
37a May
77a
137. May
533/4
37a Feb
Jan
1174 May 21
11
57a Jun
147a Mar 16
207a Aug
Talcott Inc
28
197a May 27
Telautograph
Tennessee
<
687a July
52 *
Nov
30
67
Dec
1574 Nov
10
2572 May
8
Texas
Gulf
Nov
47
13
717. July 12
Texas
Gulf
10
25
Texas
Pacific
19
Feb
Nov
Oct
26
Texas
Jan
34%
Dec
29
Feb
10
4872 May 13
Sub
Jan
5874
Feb
4574 Feb
5
657. May 24
Texas &
13%
Dec
1574
Dec
1074 Nov
30
207a May 24
Textron
,1872
Dec
197a
Dec
xl47» Dec
9
MaJ
,
Dec
217a
5972
Feb
27
Dec
3
May
1774
12% Apr
15
137a
Feb
Feb
•5% Dec
1
1572 May 21
107. May 15
60 74
Feb
35.
Dec
2
477a Jan
9
147a
Feb
67a Dec
19
97a May
45
Dec
67a Aug
Feb
572 Nov 30
147a Jan
9
10
13% Apr
1674
Jan
2474
Oct
Apr
30
24
10
Sep
,1674
Feb
77a Oct
5
38
May
Jan
3974 Feb
11
85
Dec
Feb
6
5972
106
374 May
19
Mar
774
85
Feb
5972 May 26
19 % Feb
13
94
Dec
10872
Feb
95 72. Jan
2
157a May
Va May
21%
Feb
17
Oct
3272 Jun
4074 Nov
30
$3.50
55
>'
167a
1674
63
63 7a
64
247a
247a
247a
247a
247a
23%
245/a
23%
24
237a
2374
18,000
45
5,700
15%
15
preference
5
5%
No par
common
15
$3,75
Transit
Co
Timken
May 21
Roller
4374
42%
427a
487a
*46 7a
.487a
*46%
48 7a
600
11%
417a
XI
17a
117a
1074
117a
5,200
1574
15%
157.
1574
*1574
X14%
15
14%
147.
1,600
6 7a
5,300
%
5%
57i
67a
67a
35%
35
7%
*8
44
8%
*86
com__No par
3%
86
3%
3%
;18%
2474
.—No par
;
2474
37a
23%
2472
10274
18%
,1874
42%
4274
427a
1074
107a
8
3%
2,700
1,100
8
8
500
44 74
43%
44
2^400
*85 V2
86
3 7a
8
3%
3 7a
3,200
273/4
500
237a
233/a
12,300
*101 7a
102 7a
23%
*1017a
103
1874
18
18%
42%
4174
100
3%
*2774
28
x23 74
10274
417a
170
67a
197a
8574
*2074
24
237a
102 74
35 7a
67a
19%
20
44 74
28
xl8
*35 Va
63/4
1,070
2,66o
67a
8574
86
*2672
102%
1872
874
2.7 7a
13
6
357a
,67.
197a
44%
3 7a
25
42
41%
41
*8
44
27 74
*123/4
.
67a
*35 %
7%
*8574
13
6
20
27%
27
103
1874
•
3%
27%
,103
"18%
8%
86
57a
'
35%
6%
20
44%
*8574
3 7a
*27
*10274 ,103
5
*8
44
,45
85
*35 7s
7
20
6
277a
*1274
6%
6
3572
7
57a
277a
13
*1274
6
*1974
8%
44%
27
2472.
-
*8
4474
87
27
No par
Axle
72
774
20
6
27%
27%
13%
6
*3574
44%
574
.
27,74'
*1274
6%
19%
100
5%
27
.13%
357a
77a
No par
5%
27
*1274
1974
—.
Bearing
417a
*467a
11%
1974
15
preferred
Detroit
4374
,4872
11%
*774
!
com
Co
45 7a
*46%
3574
.1
7,900
2,400
117a
No par
1
Corp
(The)—
54%
467.
27
13%
6
557a
,48 74
50
——
preferred—
Timken
547a
46
27
*1274
1
preferred^
Products
cum
557a
47
'
574
27
No par
—No par
Tide Water Associated Oil com
10
1047a July 12
237a May 27
Mar 17
17
627a
247a
10
1574
preferred
Thompson-Starrett
4
197a Mar 16
Oct
16%
62 V4
No par
4 %
6
Feb
257a
5374
Thompson
16
47. Jan
39 72
May
17
6174
preferred
Thompson (J R)
3174 Nov
May
18
XI6 74
117a
Steel
18,900
X54 7a
17 74
11%
Avenue
557a
557a
62 7a
46
Thomas
700
1,100
167a
48
9
100
4 7a
157a
617a
U7a
8
1074
4%
157a
177a
46
conv
*10 7a
474
16
62
*47
Co
10%
4%
45%
167a
1
Jun
95 y4 Jun
11072
47a
16
61%
100
10% Jan
174 Mar 11
20
40
Third
5474
10%,
167a
*.
—
div
1574
627a
50c
conv
$272
*4 7a
16 7a
Ry Co
Pair
Thermoid
547a
*10 7a
4%
*6172
common—
conv
$2.40
The
557a
5474
1*0%
>1674
47a
'*16
1
Thatcher Glass Mfg Co common
8
46 y4 Jan
1674
547a
*10 7a
4 74
1674
Land Trust—
ctfs
Inc
1074
474
167a
No par
.
Coal & Oil new—
Pacific
$1.25
22
Dec
41
12
24
*107e
474
.*16%
25
share
10%
*4%
5
Producing
Sulphur
Pacific
1574
41
*10%
5
„—
—
Co_
Texas
15
Jun
9
.
Corp..
Corp
24
Jan
46% May
127a
(James)
587a
Sep
10'/a
97. Mar 16
Feb
14
May
480
-177a
.18
3,200
42
41%
41%
4^)00
107a
10
1074
9iS00
1174
.6,700
.
'
1072 May
1372 May
Dec
10
137a Jan
227a
Jan
97a Nov
29
227a Mar 11
14
20 7.
Nov
15% Nov
5
2374 Apr 11
107a May 15
10772 July 22
5
1572
May
74 May
99
Dec
1274
Dec
■2172
774
.
Dec
11
Feb
NoV
12 74 Mar 16
3874
Jan
96
Nov
5
48
97a May
92
Feb
517a
Nov
Jan
Jun
,16
F«jb
1774
Jan
27
478 Dec
Oct
367a Jan
Jun
*672 Nov
Transamerica
1074
,107a
5
11
ill
11
Transue & Williams Steel——No par
*16
17
*16
,
17.
3272 J^n
14 74 Jan
24
—
& Western Air Inc_
Tri-Continental
Corp
common——.1
^No par
preferred
$6
Truax-Tra'ci
7%
*98
,
Caal Co'—j.
—5
20th
No par
*31%
No par
prior
preferred-;
City Rap Transit oom__No
21
5%
5
Twin
Udylite
cmv
;prior
Coach
Co
*97
—
57a
.50
—I
preferred
.
10%
107a
1174
*1674
117a
17
113/4
*16 74
1074
17
17
*1674
33
772
9872
*98%
99
9872
987a
99
14%
14%
1474
147a
1-4%
14%
1474
147a
19
18%
18%
187a
18%
187a
187a
3174
*3172
327a
*31%
327a
313/4
3174
9972
*97
9872
*977a
987a
98
98
*31%
7
774
31%
33
.-
1007a
par
107a
1174
17
187a
187a
$4.50
10%
12
117a
*1674
9774
15
1872
10 Mb
11%
17
77B
98%
No par
Twin
772
15
Century Fox Film com
$1.5Q conv preferred;
11
87a May 27
Corp ;
2
Transcont'l
5
1007a Jun
2
24
7
1972 Aug
5
257a Mar 31
,
177. July 30
3174 Nov -30
.104
Dec
30
5% Feb
1574
Deci
7
Feb
1127a
1
3478 Aug
93
10
Jan
*97
0972
*97
57a
5
574
5
*2574
28
26
26
67/8
7
7
7
77 7a
5
*26
*2o
6%
7 %
5
*■4%
267a
'678
-774
,99
5
27%
6%
774
73/e
987a
,147a
14 7a
1/200
18%
187a
23,100
,
;
5
260
300
5%
*25 7a
263/4
63A
67a
20,100
100
5%
26%
*25
67a
7 7a
98%
.
6%
63/4
1,500
20
1,500'
U
12
Dec
43 72
15% July
May
58%
9 7a May
1574
972 Nov 26
Feb
Jan
25 7a May
377a
4072 Dec
Oct
Dec
115
277a Feb
Mar
11
12
103
Oct
Jan
2
Jun
15
Underwood
167a Jun
97a Mar 16
37 7a Nov
105
12
59%
1*
15
Union
397a May 26
1
43% Nov
Corp
CThe)_.
97a
9%
9%
427a
437a
43%
44
1372
1374
1374
13%
13%
xl3
13
Union
Bag &
Union
Carbide
No par
327a
3374
3274
33
32%
33
x29 Va
31
Carbon——No par
407a
4074
407a
407a
40%
40%
x40V8
40%
1047a
1053/a
104%
1047a
1047a
105%
Rubber
28
110
917a
Dec
1067a
Sep
91
Feb
9
98
Jun
*7
Preferred
$3.70
Dec
104
Jun
80
Nov
4
90
!. Jan
24
Preferred
$3.50
Apr
27
Dec
217z Feb
11
7974 Nov
10
27
*42
Co„—_5
Paper—i
&
974
„—1
:-j-..No par
J.
85
20
May
3874
Feb
457b Sep
317. Jan
167a May
25 7a
Dec
22% Dec
1
103% Nov
29
30
102
Dec
15 74
110
Sep
Jun
8
387a July
96% July
6
Union
1
517. July
417a Jun
26
Un El Co of Mo
Union
307a May 19
11074 Jun
3
of
Pacific
47c
8
2
Oil
Union ^ank
United
5%
Apr
97a Nov 24
57% Nov 30
19% Apr
Apr
Sep
24 74
Nov
19
23% Oct
25
United
Biscuit
6
15% Jan
2
United
Board
Dec
277a Feb
20
367a Dec
6
United
Carbon
28%
Jun
35
263/4
Jan
33 72
3%
Dec
50
2%
Nov
8 74
Dec
Dec
29
Feb
83
42
Feb
5%
65%
Jan
■2% Feb
53 7. Mar
Dec
10 74
95
Dec
July
7
5'7a July 15"
5
55
Jan
11
37a May 15
41% Dec
9
26
Jan
60% Nov
15
9
May 27
Oct
1674 Feb
13
82%* Apr
2872. Jun
Jan
3,772 Jan
21
4674- Jun
Air
472%.
Unite
77c
10
58% May 17
United
8
23
May 24
21% May 26
United
Gas
9
United
Merch
Fruit
t per share
157a May
91
2374
-
89
327a May 15
27
20
101
Dec
Oct
1572 Feb
11
Feb
92 72 Feb
11
2474 May 15
113% Jun
9
166 74 Oct
18
179
8 74 Nov
Dec
5
1774 May 14
Feb
65
Dec
1
76
Feb
21
537.
Nov
24
97a
Oct
472 Dec
9
Jan
397a
Nov
17% Dec
9
1674
Jan
247a
Oct
1172 Sep
27
10
Apr
9 7a
Dec
May
4672
73
Feb
23 7a May
92
Dec
39
77a Mar 30
Oct
Dec
Jan
407.
Dec
Dec
165
3872 May
67
Feb
7%;
U
4274 Jan
.
U
87a Jan
-U
36
Jan
2174 Jan
U
July
9
86
94
Dec
6
377a Dec
i
10
12272 Dec
,t9
377. Nov 30
Mar
129 72 Mar 16
20
19%
'
367a.
*28 %
3
Lines
S
,63% Dec
1
May
U
7
497a May 15
1377a Jan 13
U
Co
58% Jun
1
*
72
Apr 21
877a Oct 23
1407a Jun
24
197a Jan
8
U
S
Steel
77o
Oct
4% Mar 16
United
"8
427a May 20
672 May 21
Jan
12 74
Feb
87a Feb
United Stores
967a
Dec
127a May 26
109%
Jun
572
Dec
1074
Jan
x33%
Dec
11
88
Nov
4
3
Nov
30
2%
27a
2%
'2%
23/a
41%
41 Va
41%
41%
41%
5%
5%
5%
*5%
53/4
51%
52%
19%
*19 7a
19%
*19 7a
12%
11%
12%
11%
74
223/4
2374
22%
*937a
94
937a
93 72
*93 72
187a
187a
*19
197a
*18%
19%
1874
1027a
1037a
20
103
103
1027a
—100
.*171
17.5
*16974
common
*8 3/4
97a
*
23%
'
147a
Dec
127* May
26% Dec
84
"
Nov
85 74 .Nov
22
Feb
18% Feb
171
*1717.
173
*1717.
9
8%
65
*62 7a
233/4
24
23%
4%
4%
187a
17%
12 74
123/a
127a
13%
12%
13
123/a
12%
*7%
9
*7 7a
9
46
*53
56
•46
*7%
56
9
*7%
46
44 %
56
25%
26%
*8572'
2674
2674
26%
87
86
86
86%
867a
39%
40%
12674
1267a
397a
407.
39 %
126%
126
f124 7a
39%
98% Jun
6% Jun
9
15
U S Tobacco
77c
387a
3974
387a
38%
*647a
65
65
65
65
71 Vz'
72
72
72%
71%
135 74;
135%
18%
187a
—25
*37 741
39%
-I
47a
474
107a
Stockyards Corp..—
10
i
10%
preferred.—No par
United Wall Paper Inc common...2
*88
'i
91
170
May 22
15% May 21
70
May 20
47o
conv
Universal
8 7c
preferred
conv
Leaf
Tobacco
37a
474%
preferred.;
,
*21
com.No par
preferred—
Universal Pictures Co
<
3%
com
i
734
1
-—^-100
i
*154
100
Inc
136
*37 74
*4 7a,
preferred
$4.20 non-c 2d pfd—5
$6
135%
No par
Co com
non-cum
10
'15% May 17
Van
Norman
16
1267a May 21
Van
Raalte
1)25% May 21
Vertientes-Camaguey Sugar Co.^672
1274 July 19
Feb
1978 Dec
Feb
86
Jan
86
<94
•For footnotes
see
Feb
9
2,766
2374
4%
4%
17%
18
2,100 '
1274
12
12%
6,200
*73/4
9
45
46%
*55
57%
25%
*86
24%
88
38
123
*7%
457a
'
25%
397a
123-
1,000
173/4
*55
88
38 %
126
39%
39%'
100
'97a Dec
21% Feb
Jaii
9
*86
W
23
23%
60
8%
65
4%
56
257a
87a
*62 7a
400
2,000
17%
12
457a-
56
*54
253/a
247a
•43/4
45%
46
*5374
8 72
65
23%
18
preferred.!—100
10
94%
2334
4%
*44 7a
50
173
9 7a
8%
•
18%
102
*62 7a
247a
*17%
1017a
18%
'
18%
8,400
94
102
65
for
Shares
233/4
1017a
43/4
,
2374
*93%
171-
171
,
9 7a
Sales
94
102%
18%
commons———10
14% Feb
39
;20%
15,000
the Week
102
*86
38%
1227a
457.,
-
l-
21%
158
{
77a
45%
135
,
64%
64%-
72 74
7172
727a
1974
*88
19
1974
38
38
•5
5
5
-1072
1074
-90
374
'
1-072
90
*88
3%
37%
4%
2,200
9
2,2001
46%
58
100
25
6,800
88
•110
11,600
387a
123%
123
39%
39
1,700
124
37a
39
27% Oct
2972 Jan
21
94
.Feb 13
l95
16
6
May 28
Jun
4
Vanadium
Co.—
Co
Vick
Chemical
Vicks
Shreve
5%
Inc.———
Co
2072!
1074®
227ai
2.50
10
—2.50
.
12%(
2074®
& Pacific Ry com. 100
*86
preferred..—_—100
*86
non-cum
197a
38%
*4%
'•
10
90
3
9%
*88
3
'
5
93/4
90
37a
3
71%
135%
1353/4
1834
*38
500
30,500
1,400
18%
38%
4,800
•*
110
*4%
5
500
9%
10
5,000
*86%
89
37a
374
257a
23%
24%
23%
233/4
19 74
*18%
1974
18%
18%
•
100
3%
5 %
57a
57a
'•57.
57a
57a
4.300
20%
*207a
20%
20%
203/4
300
26
'
21
*155
158
7%
45 72
7%
••
*20
158
207a
(*,155
7%
45
45%
158
f
7%
7%
45
45
*155
158
•
*155
4,800
400
160
8
7%
73/4
10.900
45
7%
45
44%
44%
450
22 74
21%
213/4
2,000
10
2,100
23
i.
6,900 H
'
Corp of America..No par
.
18%
38%
66
717a
57a
57a
2174
,
135%
3,000
66
-
*
77a
,*•23
:
•
*88
(
135%
*
*18 7a
*23
1974
457a
'
3%
72
5 Va
*4%
J
66
71%
18%
*38
10
*64%
38%
18%
,,
;
1974
26
*21
135%'
39
18 %
*23
*18
5%
135%
135
39%
19
*154
3974
65
-■
38%
1
,
May
600
12
18%
*62 7a
)
13 74
11,400
19%
18%
4%
8
6
52%
Per share
2374
*9334
187.
474
237a Jun
7
9%
65
24
2474
,171
174
72
22%
94
18%
474
5%
10
10
2,800
400
Dec. 10
t per share
237a
18
commoij——No par
5 7a;
Feb
62
•
10274
*8 7a
"
65
*627a
Universal Laboratories Inc.—___—1
77a Dec
400
.
41
Friday
Dec. O
$ per share
23%
94
11
44% Dec
223/4
2374
107a Jun
150
52
Thursday
Dec. 8
:
:S per share
'227a
Mar 16
Feb
53
Wednesday
'
Dec. 7
*937a
187a
Feb
Tuesday
$ per share
I per share
Par
27
Mar
Monday
Dec. d
i
917a
*407a
11%
i
-2972
"42
*40 7a
19%
*24
192
21%
52 74
*18
Dec
41%
20%
123/a
—___—-50
Dec
*40
603/4
20 7a
20
,
1,800
60 34
193/4
Universal-Cyclops Steel Corp—..—1
Dec
4'0
20%
33,000
5%
62
*60 7a
20
2%
41
*5 72
5272
17
1374
207a
62
410
•
12 7a
21
56%
*60 7*
42
2%
41
*19 %
Jan
17
20%
■40
•39
2%
x52
Jun
Feb
10,100
197a
20
19
100
2%
12 7a
34
4
29%
2 3/4
*41
.
5274
i3
Feb
297a
2%
41 %
197a
Sep 22
Dec
30
2%
41%
12
Feb
1174
*29'/8
2%
*5%
51%
16
237a
1,800
6,400
197a
23
'
73/4
36%
41%
20%
800
7%
35%
,42%
par
preferred
Feb
5
2%
*41
62
19%
8
36
30%
*29 Va
par
Corp common..—No par
Feb
10
19%
193%
8
1,200
3534
57a
Dec. 4
Smelting Ref & Min com—_5o
77c preferred
——50
87a
Nov
19%
7%
27a
20%
Saturday
U S
23
1772 Feb
26,700
63
'
4874
37
11%
61%
367a
—No par
._
1st
100
11%
647a
12%
"V
.
class A——No par
common
—1
non-cum
Nov
Feb
1
—„_
Rubber
106 7a
11%
LOW AND HIGH SALE PRICES
STOCK
preferred—..
10
Pipe & Foundry^—.——_20
Playing Card Co———.—10
S Plywood
Corp common
1
37.70 pfd series A
;
,100
S
*105%
105%
11%
417a
39
52
S
8%
12,000
197a
conv
Co
23%
12%
1
Leather
Co
700
23%
*627a
'
*60%
2,700
24
2%
62
47 72
4,300
34%
*572
*60
290
13,100
.
34%
4174
.
2072
5174
'
30%
8374
357a
*105
19%
7%
•42%
82%
11%
36
2%
2%
%
41
95
*90
64%
19%
;
36%
x28 %.
3
433/4
1077a
11
*62 7a
7%
36
307.
27a
*42 7a
2%
*3872
7%
77a
36
32
5
Inc
193/4
73/4
8
63
2072
Industrial Chemicals—..No par
Dec
163%
20
*105
11%
64
39
S
Jan
,
5
Machinery com.—5
preferred
i——.——.100
.5
:Dec
Mfrs
&
YORK
38
4
10%
62
No par
Co
472%
974 May 20
377a May 21
150
20
*60
U S
677a Mar 17
Feb
Cos__—J
S
U
Feb
52 ;
11%
62
4272
27s
—.100
preferred—
Partic &
58
Dec
22
27a
42
Hoffman
S
5374 July 13
81
May
7a May
_
107a
6072
3674
*2872
lOo
1
105
105
1074
20
*774
com—30c
Securities
No
preferred
—No
1st
474%-
13
80
16
Coal
S
16
Jan
Dec
xl7%
Stores
107
62
10%
*60
Carton
—*
Freight Co
U S Gypsum Co
Jun
237a Nov 30
5172 July
Dec
U
49
61% May
133
—
/
$4.50
39 7a Feb
V
10372 July
6072 Feb
127%
106 34
U S & Foreign
2
Jan
94
257a
467a
Jun
33%
57a May
*104 72
*10472
_—-100
-
9
19672 Mar
Dec
*35
Jun
.47
23%
$ per share
Feb
47 7a
24 V8
EXCHANGE
207a
717a-Dec
37
-1674 Feb
Jan
NEW
Highest
10774
May
137a
Range since Jan. 1
Lowest
$ per share
Oct
106
12% May
171
7
Sper share
Dec
86
;
Highest
47
23 %
STOCKS
Year 1947
86
243/4
Improvement Co—1372
Range for Previous
293/a
85 %
24%
Engineering & Foundry
Feb
29 7a
86%
247a
Co
United 'Electric
48
29%
8574
24
preferred..——t
1174 Dec
29 %
86
2474
6
197a Dec
29%
83%
247a
42
Feb
29 V2
*34%
*572
Jan
340
83 7a
463/4
*4172
19 74
10674
106
95
*82%
35%
5
593/4 July
10574
*90
82%
35 7a
20
2474
10574
95
467a
35
Dec
37,800
357.
No par
1272 May
8,7.00
40%
46%
commoh_r_10
700
30 74
34%'
Inc
1,700
29%
467a
5
100
12%
,40%
467a
Corp—T_10
.———No par
Fastener Corp^_No par
20
29%
85%
,400
9%
42
,12%
30%
35 7a
Co
&
Jan
29%
85%
•.
.40%
35
Lines
44%
Lowest
86
Dyewood Corp common—,—1
United
3
2974
8574
82%
*90
30
*9%
42
'
40 7a
.
4678
Corp common—
United
11
297a
85
83
13%
4678
Cig-Whelan
22
297a
85
96
83
93/4
437.
3474
preference
$3
2974
,
*90
*9%
42%
*12 7a
*4672
$3.50. convertible preferred
United
837a
96
9%
4374
*34 7a
preferred
United-Carr
477a May 20
s4% Feb
'19 7a
May
United
5
Feb
,43 72
11% May
33
36
5
Nov
Dec
41
22
27a Nov 30
Jan
47a
Jan
2
83
*90
*9 72
42Va
No par
—
Corp common
convertible preferred—
2872
96
8474
9%',
preferred————50
Aircraft
1207a
1057a
*90
*8374
com.'—_—_50
Car
Dec
907a Mar 22
Co
:
*105 ;
par
series——No par
RR
non-cum
774 Dec
18%
pfd $4.50 ser__No
series—_*—No par
California———25
Dec
•r 75
'
9%
42%
1372
Corp
Asbestos &
\
21
,
21%
10%
21%
1074
10%
22%
21%
127a
*12%
20%
,22%
22%
*86
90
*86
13
217s
2074
88
23
'107a ! 10y8
,21% ' 22
}2% ,13
207a '
90
2074
*86
88
"
,
-
88
*86
"90
(
J
22%
22%
10 Va
22;
107*
,
12%
20'
" *
22
,
12%
20
•
213/4
xlO
."1074
"22%
227a
12%
12%
19%
2074
9%
23
V
1,100
127a
13
19%
207a
*86
88
*86
877a
*86
*86"
89
*86
89
*86
89
5,700
,
877a
7
page 28.
=&£
•28
85
I per
t per thare
35% May.
Dec
104"% May
10% Nov
69
112
May
14
Nov
ft' Dec
23
10
Dec
29% Nov
Jun
6%
*96ft
div partic
preferred
6%
—25 4
Visklng Corp (The)
Detinning Co common
7% preferred —-1
31
Oct
38
Feb
25
Dec
3
30
Dec
33 ft
Nov
26ft Dec
10
32ft Jan
5
30
Aug
33 ft
Oct
29
Apr 15
32% Jan
13
57
Apr
75 ft
Feb
57 ft
Aug 16
66
Jan
2
Wabash RR 4ft%
Apr
29 ft Apr
17%
Jan
13% Nov 17
15 ft Jan
8
Feb
29 ft Nov 29
35% Jun
4
July
100% Apr 29
Xl8% Mar 17
Waldorf System
Walgreen Co common
4% preferred™
5
Vulcan
99ft
20
20.
8%
15
14%
*112%
16%
*16
31%
31%
34%
*34
34 ft
*87 ft
89
9%
*88
89
50
9
4,600
30%
97 V2
99ft
*96
14%
*8%
98%
98 ft
15
300
15%
98 ft
'
17,800
15 ft
14%
15%
112% 112%
112%
112%
16%
16
311/4*
31
30%
30% .30%
1,700
25
26 %(
16%
*16%
16%
*16%
32
30%
30%
30%
9
9
8%
15
,31ft
*
1,900
34%
87 ft
112ft
%'
*16%
Shares
thare
34%
87 ft
98 y2
113
14%
112
$ per
34%
8%
*96
99
t per share
share
35%
8%
*96
14%
14%
113
113
*16%
16%
30%
31
30%
30%
25ft
251/2
*27 ft
28 ft
—
11
8%
I per
Sales for
the Week
Dec. 10
88
*87%
8%
Dee. 9
Dec. 8
thare
35%
36
87%
35
87
8%
.
S per
thare
*86%
35%
*86%
100
I per
thare
35
preferred—a—lOo
Virginia Elec & Pwr Co com.;:—10
$5 preferred
.100
Va Iron Coal & Coke 4% pfd
25
Virginian Ry Co common
25
34ft May 3
39% Apr 26
5
preferred
C per
<
Va-Carolina Chemical com—No par
2
38 ft May
30 ft Nov 30
Jan
Par '
3ft %
18% May 15
117 ft Jun 14
6
Jan
109
Feb
40
31ft Dec
11
Feb
93
14% Nov 29
Oct
Feb
45
Dec
Dec. 7
Friday
Thursday
Wednesday
Tuesday
Dec. 6
Victor Chemical Works common—5
96% Apr 23
14% July 13
124% July 12
7 ft Mar 16
16
34 %
Monday
Dec. 4
perthare
48ft Jun 24
1
Oct 29
85
Nov
16%
121
f
thare
32 ft Dec
50% Nov
5ft May
107
Saturday
EXCHANGE
Lowest
Highest
9 per share
LOW AND HIGH SALE PRICES
NEW YORK STOCK
Range since Jan. 1
Highest
Tear 1947
Monday, December 13, 1948
CHRONICLE
STOCKS
Range for Previous
Lowest
& FINANCIAL
COMMERCIAL
THE
(2452)
*31
32ft
"31%
30 Va
30%
30 ft
*112%
160
113
310
,16%
1,000
31
25%
25%
25%
25%
25 ft
25%
25%
2,000
28 ft
28 ft
*27 ft
28 ft
x26%
26%
26%
440
31
31
*30%
31
*30%
31
*30%
31
*30%
31
100
61
*59
61
*59%
61
*59 ft
61
*59 ft
61
25%
25%
27
27
*30%
31
*58ft
13%
*30%
61
*58%
13%
31
*13%
13%
13%
13%
13%
13%
13%
13%
13%
*30%
31
30%
30%
30
30%
29 ft
30
293A
W
13 ft
100
36%
109
Dec
24%
*17 ft May
Jan
8% Feb
Aug 26
27% May 21
Feb
Feb
10 ft Mar 12
x83% Mar 12
10%
Dec
88 ft
Dec
12
Dec
18%. Feb
.9% Nov
H
3
t
*101
15%
■
Warner Bros pictures-———i—5
May 22
9%
*101
23%
10
16
15%
16
Xl4%
14%
93
93%
93% A
*91%
-92%
-.
9%
10%
<f.
9%
9%.
36% Nov
May
NOV
22
27
Jan
20% Jan
17ft May
23%
Feb
16% Dec
10
20:
Sep
26%
Feb
17
30
*'
Dec
41
Feb
12% Jan
Dec
5ft
Dec
Mar 16
13% Dec
'
Sep 27
Nov
x80
13 ft Feb
105
117ft Mar
Dec
112ft Nov
121ft
103%
Dec
112% Jan
106ft
Dec
13
3
105
113
Dec
38 ft May
4
Dec
25 ft Nov
Oct
31
Dec
23% Nov
105
Dec
Aug
85ft Feb
Dec
,91ft Feb
Nov
55
Jan
28 ft Nov
33%
12
62 ft Mar
76
Dec
80
Jan
5
31
May
53 ft
Oct
37
Mar 16
90
Dec
101% Mar
83
Mar 18
34
Feb
23
Feb
20
29%
Feb
14 ft Dec
9
17%
Feb
9% Feb
27
90
Feb
106% July
26 ft May
19 ft May
9ft May
84
July
29% May
5ft May
34
12 ft
6% May
Feb
Dec
13 ft
Sep
10%, May
88 ft Dec
Jun
Jan
5
7
White
22% July
White
8
$4
July 30
31ft Nov
Motor
preference
*104
26 ft
26%
63%
63%
16%
32%
25%
16% ,'16%
32 ft
32%
Nov
Jan
8
Nov
15
Feb
10
18
jun
10
145ft May
125
Dec
3
xl38
Jan
13
Feb
5 *
19
xl3ft Nov 26
preferred
6%
35
Dec
28
37% Oct
22
Woodward
Iron.Co.
53
Feb
41% Nov 29
49% Jun
14
Woolworth
(F W)
13% Nov 30
25% May 15
81ft Feb
4
6%
423/4
43
*104%
105
105
6
6
50
6
2,000
6
,
36 ft
36%
36%
36 ft
36%
36%
1,200
13%
13%
12%
13 3A
12%
123/4
4,500
*29%.
31%
*29%
313A
*29%
31%
26%
26%
26%
63
63
*61
16%
16 ft
16%
16 ft
16
16 ft
15%
•16%
5,600
32
32%
31%
32%
31%
31"%
31
31ft
9,700
'243/4
30,800
24%
36 ft
"
25%
25
24 ft
...
26
63
25
24%
*61
63
1,200
-200
62
24 ft
25'A
243A
'25%
25 ft
26%
*61
'140
90
*89
90
*89
90
*89
'
90
*89
90
893A
98%
98%
98
98
*96 ft
99
*96 "
98
*96 ft
*29
31%
*29
31ft
29
29
28 ft
28 ft
*28 ft
29
29
29
*102
108
46%
46'A
84%
85
*24
25
*102
*102
108
108
*102
108
45
45
44
45
85
*84
85
24
24
24
108
45 ft
46%
86
'86 %
15%
15%
19%
19%
54
28%
19
28%
10%
*76
*13%
.
15%
15%
127%
125
85
85
24
24
Xl4%
15
14
19%
19 ft
19 ft
20
25
ft
54 ft
54
28%
28
10%
10 ft
10%
10 ft
14 ft
7%
7%
4,600
54
29
76%
76
76
14 ft
13%
13%
15%
15%
7%
7%
55 ft
55 ft
300
11%
11%
6,900
75 ft
75 ft
300
*55
11%
*73
14 ft
*13%
15%
.15%
128
*125
128
7%
56%
*74%
lift
15%
700
3,300
lift
7%
56%
11%
*125
480
10%
10%
11%
7ft
*55
11%
*13%
15%
125
19%
54
10 ft
76%
77%
19%
28
57
260
300
7,200
54%
27%
7%
2,800
14%
193/4
54
28%
*55'/2
^
300
,
*28
19 ft
54 ft
7%
200
97%
14 ft
14%
10%
11
*13%
14 %
15%
*125
85
24
15%
45 ft
*27%
28%
10ft *10%
443A
54
54 ft
15%
28%
*102
45
44%
85 ft
*24
19%
54 ft
54
108
*102
15%
85 ft
25
♦24
15
5
_10
1,900
1,800
16 ft
163A
423A
*103.%
.
*96 ft
-100
—
.
*96%
—.10
com
—
104
90
No par
———
Wisconsin El Pwr Co
173/8
16 ft
42
70
31%
26 ft
*761/8
20
102
100
13%
77ft
19
410
102 ft
13
56%
Jun
108%
*102
*29
*36%
11%
——
*108%
36 ft
7ft
$4.25 preferred
Wilson-Jones Co
108%
210
31%
11%'
21
115
107
...
1093A
13%
56%
88% Jan
115
*106
*101%
17
6%
30
*109%
115%
106
13%
7%
29
6%
5%
;
7,900
110
42%
104
5,800
15
*108%
102 ft
16%
42%
105 ft
230
21%
36%
57ft
11%
Oct
•
14%
115%
.
108 ft
102 ft
104
.
*30%
7%
Dec
Dec
*102%
5%
lift
75
107%
3,000
21%
143/4
21%
,
*109%
116
107
108 ft
108
105
*55%
Jan
116
107
4%
83ft
106
110
110
*106
115%
'
*105%
17%
Willys-Overland Motors com_
11
$4.50 conv pfd series A—-Nopal
99
xl4%
42%
Wilson & Co Inc common—No par
9
16
31%
115
.
-
110
*109
v.
17%
12
May 27
65% May 15
17% May 17
Mar
51
10 ft Nov 30
14%
42%
6% Mar 17
Feb
Oct
r
r
15
17ft
TJTilcox
Co—
15%
42%
19% Jun 21
Oil
21%
14%
104
66
25'A
21%,
.
1.600
28
28
*83
'21%
17%
27
28%
21%
,
300
2,600
14
,-4%
4 ft
83%
83%
.
13%
14
:
-
82 ft
28%
*82 ft
42 ft
*103%
;4%
•
28
28%
83%
.21%
<■
108 ft
*102
IO4
17 ft
42"%
4%
28 ft
28
115 ft
108
4%.
*82 ft
105 ft
36%
13%
31%
_1
Nopai
20
;
lid
115ft
105 ft
5%
com—
_
*109 ft
4%
4%
15%
5%
1
Sewing Machine
preference
15%
*89
12.50
conv
Prior
1
13%
15'A
32
—100
Co
14
21%
16%
No par
12 ft
—100
Instrument
13%
11
Feb
17
Oct
Elec
14
*63
No par
100
com
A—;
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
:_No par
White Dental Mfg (The SS)—20
24% May 26
126
series
-
Weston
9
57% Oct 22
92
Pacific RR
13%
36Va
13%
*31
*26%
•
1,200
1,200
18%
14 ft
*5ft
.
Supply Co
—10
Maryland Ry com
100
2nd pfd_
^_100
Westinghouse Air Brake
Westinghouse Electric com
3 ft ft pfd series A—
3.80% pfd series B
9
27% Jan
—-—1
16%
*18%
18%
21%
*103% 105
non-cum
Preferred
14
15%
135
Air Lines Inc
16%
18 3/4
^16%
18%
21%
110
100
--——
17%
17'A
4%
115 ft
107
108
Western Union Teleg class A_No par
July 21
115
Aug
9
64% %Oct
51ft
preferred
.
5,300
23%
17%
83%
115
107 *
*107
*102
*17
42%
<
1,700
20%
23%
*18%
28%
*109
.
233/4
20ft
19
*4%
15
233/4
23%
17 ft
82%
80
".f.
>->
21
*18%
28%
SA
24
18 ft
4%
6,500
28,400
ft
17%
83
.
23%
<
17%-
-
14 ya
>92%
-10%
•
•
20 ft
*23
20%
18l/a
-
28%
»
10
23%
23%
*23
13%
*
4%
•
4%
15
40% Jun
2
27% Feb 26
x53
17 ft
19
14
83
—
———
Western
95% Apr 23
101ftJun 11
11
30
No par
—
Western Auto
May 19
39% jun
10
11
94 ft
4ft %
11
Western
72% Jan
29 ft Nov 24
38%
18
Western
26
15% Nov 24
23%
21
West Va Pulp & Paper com—No par
Jun
9
36ft May 21
6
Sep
A
preferred
preferred
7%
6%
10ft May 18
46% May 20 '
16% July 9
38% July 12
10
Oct
62
Mar
90
26%
May
27% May
22 ft May
Class
4
Jun
110ftJun
7% Mat 17
23%
V
Elec
Penn
22% Oct 20
22 ft Mar 12
23%
28 ft
Co—No par
West
51%.Jun 15
14
Jan
Dec
42% Feb
Dec
17
88
34% Feb
75ft
23%
i-
conv
-100
100
West Penn Power 4ft% pfd—100
4.20% preferred series B_„1100
West Virginia Coal & Coke
5
107
5ft Nov 27
Jan
23ft
17%
*23%
preferred
No par
West Indies Sugar CJorp.———1
$4
111ft Oct 20
25
Oft
32%
May
9% May
26 ft Dec
65
100 ft Fob
21
Wesson Oil & Snowdrift com—2.50
119ft Jun 22
16% Apr 20
38% Feb 14
Jan
10ft
5% May
Jun
113
Oct
20%
23 ft
23%
21ft
<
114
105% Nov
23%
21
*23%
24ft
21
»9L
A
20%
24
21%
*23%
Corp
Co
Motor
Waukesha
7
Sep
26% May 21.
19% July 1
,
100% Oct 25
47
32 ft May
<
.
104 ft Mar 16
xll3% Apr 15
103% Mar 29
116% Aug
Jan
10
19ft Mar. 3
34ft Jan
5
Wayne Knitting MiUs—^—.——5
Wayne Pump Co—
—1
Webster Tobacco Inc—..—;
—5
No par
„—-3
Washington Gas Light Co—No par
30ft Jan
2
6% May 24
34ft Aug
5
86ft Jan
2
1
3% Nov 24
26
Feb
90
83% May
21ft May
Petroleum
*18 13%
Foundry &»Pipe
Jan
9%
:
2,700
'
7
<
*17%
Warren
Warren
22
5
19ft
2
34% May 14
27ft Aug
3
20% May 28
32
10
xl&ft Nov 10
,9%
.9%
9%
-
,,
2,200
9%
14%
15%
*92%
1
21
10
16
93
■
70
23 ft
9%
15%
9%,-,,97/s
800
1,200
23 ft
23 ft
9%
9%
9%
10 ft
9%
102
.
23 ft
23%
23%
23%
*101
101
101
102
23%
13%
293/4
101
101
92 ft
16
92'A
92'A,
,
,
23%
23%
10
9"%
l
preferred—,.—100
102
*101
102
23%
—No par
,
5ft%
.
No par
common-J
Ward Baking Co
16% July 13
Jun
2
101
100
-No par
No par
100
Walker (Hiram) G & W
Walworth Co
13ft May 24
11
13 ft
19%
106 ft Mar
7% May
105
preferred
10,300
13%
300
151/a
13%
15
15%
'
5,200
*125
126
10
33 ft
34
34
1,200
45
11,700
128
*125
10
34%
34%
34%
34 ft
34 ft
34%
34%
10
—
43%
43%
43
43%
43%
44%
44%
44%
44%
44%
44 ft
14%
59ft
63 ft
*80 f
14%
14 ft
15
14%
14%
14%
14%
14%
14 ft
14%
14%
3,800
60
58 ft
59 ft
59%
60
320
64
64
64 ft
64 ft
*80
83
67
67
67 ft
8%
9
8%
225/b
23
23 ft
*33%
34%
'
43
May
Dec
75
94ft
58 % Dec
Apr
83
Dec
100
Feb
X62
53
Dec
80
Feb
58
2
29"
NOV
Jan
<62
Nov
70 ft Mar
8
May
18% Feb
5
60 ft Mar 19
"•
8
1
Mar
9
May 17
"96% July 28
July'15
11% Jun 21
33ft Aug
45
Jan
22% Nov 29
10 ft May
16%
Feb
10% Feb 27
16 ft
37% Dec
50 ft Mar
38 ft Mar 13
48
14 ft May
23%
Oct
15% Feb 21
24
53% May
83
Oct
65 ft Feb
27
89% Oct 28
15
31%
Feb
14
NOV
9
*19% May 27
19% Feb
11
May
14ft May
5%
♦Bid
•
25
Jun
July
10%
Jan
asked
and
Special sales.
3% Nov 12
prices;
no
sales
wdWhen distributed,
on
34% Jan
35
Yale
2
&
Towne Mfg Co__
25
Corp common—
;
1
preferred _——:
—50
Young (L A) Spring & Wire_NoPar
Youngstown Sheet & Tube
No pai
Youngstown Steel Door
No pax
4ft%
23
July 12
Zenith
6% May 19
Zonite
this day.
*66%
"9
Radio
Corp„.
Products
tin receivership.
HEx
9t%
24
*78
82
67
«
*78
60i/2
60 ft
61ft
64 ft
65 ft
64%
65 ft
78
79
.
-•'J 8%'AA 8% i
x23%
23 ft
J
8%
68
233/4
/
700
9
1,600
8%t
24
4,400
12%
13
2,800
*38 ft
39
*
20
1,000
73 ft
9.100
14'A
2,300
31%
10,500
13
13%
13%
13 y8
133/8
13%
133/8
39
*38%
39
39
39
39
39
*38V2
391/4
19 ft
19 ft
193/4
20
20
20
20
20
19%
19%
72 ft
73%
73%
74 ft
73%
74%
73%
74
72%
73%
.72%
16
15
15'A
14%
143/4
14%
14%
14 JA
14 ft
14 ft
293A
3.0%
30 ft
32%
31%
32%
32
32
31%
4%
X3%
*15
301
3%
dividend
paid
'
30%
4%
4
4
May
10.
a
4
Deferred
delivery.
.
cName
13
4
13
from National
changed
ft
3% r
3%
•
20
68
23%
•8%
23 ft
233A
-
560
80 '/a
*78
^•67ft\'6?ft
.'*67%:' «7^i.::
ft*
8%"'
ft
60
82
64%
13
.No^ai1
liquidating
83 ft
67( f-
60%
64 ft
*59
39
Corp$40
<
*23%
York
May 24
May 25
Oct
—
Worthington Pump &
Machinery common
—No par
Prior pfd 4ft %
series
—100
Prior pfd 4ft ft conv series—U00
Wright Aeronautical >1—par
Wrigley (Wm) Jr- (Dtf)*_J-No pai
Wyandotte Worsted 'Co.i——i-i-.a
94
69
Co
Bond
19 '/a
-
*3%
& Share
300
3,600
4
Corp.
r Cash
sale.
x Ex-divldend.
Transactions al the New York Stock
Exchange
Transactions at the New York Curb
Daily, Weekly and Yearly
Stocks,
Railroad
Exchange
Daily, Weekly and Yearly
Int'l
United States
Total
Stocks
Bank
Government
Bond
(Number
Bonds
Sales
of
~
Week Ended Dec. 10,1948
Saturday
Monday
..Tuesday
Wednesday.
Thursday—
Friday
—
Number 0/ andMitcel.
Shares
Bond*
512,360
1*182,430
$1,135,000
Foreign
Bonds
Bonds
;
..
;
2,668.000
465,000
3,153,000
3,184,000
3,645,400
2,528,000
460,400
260,000
$1,000
1,137,320
"Y.ooo
2,788,000
2,850,300
Monday
Tuesday
2,626,000
2,490,000
1,037,260
—
Total
6,247,765
"
$14,651,000
215,300
$8,000
520,000
3,010,000
$2,020,700
$8,000
Week Ended Dec. 10
1948
Stocks—No. of Shares—
1947
6.247,765
$2,000
XJ4 8. Government.
5,766,111
$11,000
8,000
302,000
2,020,700
14.651,000
1,761,000
$2,000
$16,681,700
.
Foreign
Railroad & industrial—
Foreign
1948
$6,000
244,365
60,000
10,000
196;000
Wednesday—^.
224,660
65,000
1;000
2,000
68*000
Thursday—
Friday.
271,520
34,000
48,000
270,735
182,000
33,000
16,000
231;000
1,392,235
$573,000
$303,000
$34,000
$910,000
■
-
Total.
$1,232,000
3,921,000.
78,446,360
I
$3,132,000
23,767,000
73,335,520
31,039,000
878,261,800
892,638,400
$33,113,000
$961,861,160
$992,872,920
$161,000
•
Week Ended Dec. 10
1947
236,667,803
Total
$62,000
271,000
133,500
247,455
Jan. 1 to Dec. 10
284,135,220
Foreign
Corporate
$62,000
104,000
126,000
1947
1948
Stocks—No. of shares.
.
■
Bonds {Par Value)
Domestic
Shares)
Saturday
1,221,950
—
$1,235,000
1,156,445
——
international Bank
Week Ended Dec. 10,1948
$100,000
Government
82,000
Jan. 1 to Dec. 10
1948
1947
1,431,480
70,670,196
68,159,002
$1,119,000
$46,778,000
*$76,646,000
86,000
8,488,000
7,252,900
18,000
1,734,000
555,000
$1,253,000
$57,900,000
$84,453,000
1,392,235
Bonds
Domestic
Foreign governmentForeign corporate-:—_
$573,000
t
303,000
;
34,000
..
»
.
.ft* 1.
Tata]—
$16,681,700
•
Total.
$910,000
Number 4759
168
Volume
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
' rf-
jf'»;
Bond Record
(2453)
29
*f
J
New York Stock Exchange
«»
FRIDAY
WEEKLY
-
YEARLY
■
NOTICR—Prices
the
are "and Interest"—exoept for lnoome end
defaulted bonds.
Cash and deferred delivery sales are
disregarded in the week's range, unless they are the only transactions ef
and when outside of the regular weekly range are shown In a footnote in the week in which
they occur. No account is taken of such sales in oomputing tbe range for the year. The italic letters in the column
week,
headed
"Interest Period" indloate in each
the
ease
month
th
Iguree after
OOTKBHMSNT BONDS
Tear 1947
Range since Jan. 1
Lowest
Highest
104.16
Hep
199,4
Dec
10K*
Feb
105.1
Feb
107.4
Highest
.
.
NSW
199.19
Sep 20
194.12
Sep 17
108.28 May
114.9
Feb
May
194.11
Feb
101.18 Dec
2
102.22 Feb
194.24
July
104.24
July
Sep
104.23
Feb
101.19 Jun, 14
191.27
Dee
194.10 Apr
100.24 Mar 13
Ml.tl
Dee
194.4
100.23 Jan
101.7
Jan
20:
Sep
101.11 Jan
;
144.10 May
194.lt
Apr
199.20 Apr
100.16 Sep
10
100.7
199.17
Jun
199.7
191.19
Apr:
102.26 May 25
100.7 Oct
4
Dee.
101.7
Due
10S.9
Sep
100
Dec
Oct
109.11, Sep101.14 Sep
.
102.24 May
102.24 May
100
100
:
102.26
a
point.
2
100.2
Feb
Apr
101.12 Dee
102.12 Apr
102.0
May
103.4
July
102.23
Dee
102.29
10
Sale* fee
the Week
-
Dee. 9
Dee. 8
UK
Uhth
102.to
*iq3.G
102,9,
"102.6
102.9
104.30
•104,27
104,30'
•104.27
104.30
*104.27 104.30
*104^27
1965-1960
*108#
108.4
*108.2
1C8.6
•108.2
10&5
*108.2
*108.2
*103.527 103,30
*103.27
10$30
"103.28
103.31
*10338. 103:31
*108.7
108.11
'108.7
108.10
*103.26 103.31.
*10.8,7
108.10
•1Q3.28. 103.31
*108i6
*
*108:6
*10848
10831.
*109.4
109.7--
-s
1950-1959
•108)lfi
2%a,-~—,-1900-1065
no»|4
,v La*
t
1091a
HJwJk
10626
*10617
io68;
*
Low*
Uwr. RiyK
*
102.6
High.
■npk
1023
108^5 )*
High
-
*104.37, 104.30
41083
"108,5
106ft
1069
10831
*10848
108.21
*108.18 108.21
1Q9.7
*1Q9;6
109*7
*10954
*101,1.7
10L20
*101.17' 101.20
*101,17 101.20.
*101,1?' 10130
fc102.17
102.20
*102.17
*10247 10236
*10247
*102.26
102.28
*102,26
♦102:26' 102.28
109.7
1949-1953.
*101 jl7
1O1.20
2%»
—1950-1952
*102 >17
10230
2%a
—1*52-1954
2%9,______
1996-1958
*102,26 102.28
*103^18 103:20
*103.18
103.20
*103.19 103)21
♦103.19 10331
2 %8-___—_____1962-1967
*101)16
101.18
*101.16
101.18
*101.16
101.18
*101.15
101.17
*101.15
2%s_——_—1963-1968
*101.7
101.9
*101.7
iqi.9
♦101.7
101.9
*101.6
101.8
♦101.6" 101.8
2%s_r--—Jun 1964-1969
*100.28
100.30
♦100.27
100.29
■
108.20
10238s
'
*10038
100:30
*100.28
100.30
-2 %i,.
-Dec 1964-1969
•10037
100.29
*100.27
100.29
*100.27
100.29
100.26
100.26
2%s.
-_u.u_1965-1970
•100J26
100.28
*100.26
100.28
*100.26
100.28
*100.25
100.27
2 Mi s
-—--1966-1971 *
*10030
100.22
*100.21
100.23
*100.20
100.22
*100.20
100.22
100.10
-Jun 1967-1972
2% S_
'100:9
100.11
*100.9
100:11
*100.9 * 100.11
*100.8
*101)22
101.24
*101.21
101.23
*101.21
101.23
100.11
*100.9
100.11
*100.9
100.11
*100.8
*103.3
103.6
*103.3
103.6
*103.3
103.6
*101.29
101.31
*101.29
101.31
*101.29
*
100.28
*100.26
100.28
*100.25
10037
*10035
100.27
400.22
*100.20,
*100.19
100.21
100.10
*100.8
100.22
*100.19
100.21
100.11
100.11
*100.8
100.10
*103.3
103.6
*103.3
103.6
♦101.29
101.31
*101.29
101.31.
104.16
*104.12
104.16
*1033
103.5
*10138
101.30
--—1954-1956
*104)12
104.16
*104.12
104.16
*104.12
104.16
*104.12
104.16
*104.12
2y4a
——-1956-1959
*102.'5
102.7 '
*102.4
102.6
*102.4
102.6
*102.4
102.6
♦102.4.. 102.6-
Treasury 2%s
Treasury
2%*
1 Treasury 2s
Treasury
2s
Jun 1959-1962
*100;
100.2
*100
100.2
*100
100.2
*100
100.2,
♦100
—Dec 1959-1962
*100;
100.2'
100.2
*100
100.2
*100
Dec 1948-1950
•100.
*100
*100,.
Jun 1949-1951
*10043
100.15
*100.13
100.15
*100.13
100.15
*100.13 100.15
*100.13
Sep 1949-1951
*100)18 100.20
*100.18
100.20
*100.18
100.20
*100.18
100.20
Dec 1949-1951
*100.34
100.26
*100.23
100.25
*10033
100.25
*100.23
—Mar 1950-1952
*100)27
100.29
*100.27
100.29
*100.27
100.29
*100.27
26
Treasury 2s
Treasury
2s
Treasury 2s
*100
—
*100
100.2
*100
.
♦100
—
=
1,000
100.10
*10030
—1951-1953
1
'
100.29
*100.26
101.31
-
101.18
101.8
•100.27
——1952-1955
Treasury
103.19s 102.21
*101.16
'101.6
2%»
2y48
'
I
*10236 102,28
100.29
100.10
-Dec 1967-1972
1,09.7
10147" 101,20
»102,17- 102.20
101.17
100,27
*101.20 101.22
*100.9
--Sep 1967-1972
;
.
10840
*109.3
*
-
1Q2.20
*100.8
2MiS
1088
*10817; 108:21
*10238 102.28
*10349 10331
109.3
ZYa&
102-9.
*102.0
102.9
104.30
*102.6-
2%s
101.13 Mar 22
•
Friday
Dee. 16
Thursday
Wednesday
*102)7
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
-
100.31 Sep
Dec. 7
*104:27
1958-1963
,
3
11
100.21 Oct
Tneeday
Dec. 6
,
1951-1955
2%*...
102.13 July 13
May
■
—1940-1952
Treasury
Treasury
.Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
,»•
10
100.4
100.21 Oct 26
102.13
of
3%*
1951-1954)
May 25
4
Mar
-
7
100.23 Jun
10
"Mar
14
>' 2
100.24 Sep l0:
101.12 Jipi , 1
100.27 May 2l
13
199.17- Jun
Dee
mature,
Monday
Dec. 4
2%o
2%*^
100.26 Apr
100,23 Sep- 17
191.34
T
101.19 Jun
100.25 Jan
4
28
MH.14 Dec
2
ft 102.23 Sep 30
104*14
Dee
Saturday
STOCK
Treasury
Treasury
—102.23 Sep 30
191
17
199.19 July
May
"
mtnr*
bonds
mere tti
3a.
Treasury- 2%*
Treasury
Treasury
105.24 Mar lo
109 .19 Dee
114.9
YORK
EXCMANG*
Feb
199.21
112.4
111.23 Sep
199.11 July
Dec
th>
the
en* er
LOW AND HIGH SALE PRICES
Mange for Previous
Lowest
whan
when
*102.4-
102.6
100.2
♦100
100.2
100.2
*100
100.2
100.15
*100.12
100.14
*100.18
100.20
*100.18
100.20
100.25
•10033
100.25
*10033
100.25
100.29
*100.27
100.29
*10036
♦101.1
101.3
*101)1
101.3.
•101.4
1,000
101.6
*
*100
—
100.28
i
101.20
193.10
101.22
Apr
Apr
103.1
Apr
16
.v
Dee
103.2
Jan
100.31 Sep
27
103.4
July
100.30 Sep
27
Oct-.
'
Apr
101.21 July
199.30
li
101.26 May
Treasury
Treasury
101.1
Apr
100.7
Oct
"
101.18 July 13
101.19 July 13
2s
2s
Sep 1950-1952
101.6
*101.4
101.6
*101.4
101.6
*101.4
101.0
*101.4
101.6'
*101:3
101.5
*101.4
101.6
*101.4
101.6
*101.4
101.6
•1014
101:6-
*101.4
—1951-1955'
II
Dee
102
July
94.10 Jan
15
98.30 May
17
Dec
102.4
July
94.14 Jan
15
99.30 May
17
No. sales transacted this
*
day
/"
-."ft ,;v' New York
*101.1
101.3
Last
Period
Sale Price
101.7;
*101.5
101.7
*101.5
101.7
*101.5
101.7
•I0l5
101.7
*101.5
101.7
101.8
*101.6
101.8
*101.7
101.9
*101.7
101.9
*101.7
101.9
*101.7
101.9
—1953-1955
*103.4
103.8
*103.4
103.8
*103.4
103.8
*103.4
103.8
*103.4
103.8
*103.4
103.8
1950
*100.8
100.10
*100.8
100.10
*100.8
100.10
*100.7
100.9
♦100.7
100.9 '
*100.9
100.9
—
——
Bank
}
for
$.
•"
*97;15
97.24
*97.12
97.20
*97.12
97.17
*97.10
97.20
97.20
97.20
*97.10
97.20
4,000
—1972
*9744
97.22
*97.15
97.20
*97.14
97.20
*97.12
97.24
97.16
97.16
*97.16
97.24
4,000
at
15
100.
FOR
a
Odd
WEEK
lot transaction,
ENDED
Registered bond
r
DECEMBER
transaction.
10
High
Range Since
Sold
January 1
No:
,
Low
BONDS
V'
.
Interest
x,
New York Stock Exchange
"J-D
104
ft
71
Last
1
100 '/a
or
Friday's
Bid & Asked 1
Low
High
107
33As Series No.
January 1
*
51%
60
52
60
51%
60
3%s Series-No. 18—i——
33As Series No. 19
J-D
33As Series No. 20
..
60
56'A
56'A
5
53 V*
59
56'A
5
47 y8
60%
60
"
,
60%
60
56'A
56'a
J-D
.
High
LOW
No.
*57
'
J-D
i
17
Range Since
Sold
*57
J-D
3%s Series No. 16
High
Bonds
*56
J-D
33As Series No. 15
104 V* 104 J3
'X..
Sale Price
Period
t
33As Series No. 14
.1980
Week's Range
Friday
Bonds
Bid & Asked
Low
>
i——1957
Range
Friday's
New York City
Transit Unification Issue—
101.6
*101:5
10-year 2 Vis
25-year 3s—
or
1
■ft 3% Corporate Stock—:
101.3
Week's
Interest
Stock Exchange
*101.1
*101:6
RANGE
ft
101.3
Jun 1952-1954
ICalled for redemption Dec.
Friday
BONDS
-
*101.1
101.3
—Dec 1952-1954
Reconstruction & Development
It
asked price.
*101:4
::
International
♦Bid and
♦101:1
—1951-1953
--
Treasury
2s
Treasury 2s
Treasury 2s
Treasury l%s
li
J 100.16 Apr
4
2s—
Treasury
101.14 Apr
J-D
J-D,
*57
59%
44
*56
"
60
52
60
3%s Series No. 21
J-D.
♦58
65
51%
60
3%s Series No. 22
J-D
*56
59%
60
3%s Series No. 23
51%
47%.
°
J»-Dt
♦56>
J-D
♦56
J^D'
*57
3%s Series No. 27
T elephone
REctor
f
Wertheim & Co.
ft
Members
2-2300
120
New
York Stock
'
O'
♦58
J-D
Teletype
Broadway, New York
MY
AGtd
sink
fund
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s
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s
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s
AExternal
ft
s
f 7s
f 7s
s
Jf-S
78
J-J
35
1945
1945
1957
AAntwerp (City) external
series
20-year 3'As
40%
31%
40%
9
73
99'A
99
97
2
33 'a
8
91
■
93'/a
98% 100
91
90
91
5
31
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87%
103'
94
91
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87'/a
10
83%
90'a
84'a
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101'/4
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104
104
—1955
1955
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110% 110%
—
*61
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--
J-D
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r
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A-O
__
107%
50'/a
7 47%
60'a
45%
104%
109
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62
46
65
6
2
37%
49%
62%
29
•
50
37%
50'/a
55
00
54
59
~5
56'A
99
4»
60
10
52%
59
98'A
13
94.y& 101%,
QQ
90
4.
103'/a
103'a,
103'a 103%
105%
105
105%
17
M-AT
27%
28%
27%
29
Feb 1961
F-A
*29'a
Feb 1961
F-A
27'/a
1*2
28%
A-O
A6s assented
ARy external
Jan 1961
f 6s
A6s assented
AExtl
A 6s
sinking fund 6s_
A6s assented
AExternal sinking
AChile
28%
27%
29
M-S
27%
A-O
277/a
1963
M-N
1963
M-N
27%
A63As assented
1957
J-D
28%
19
28'/a
_4
J-D
*28'a
1961
J-D
AGuaranteed sink fund 6s
assented
—1961
J-D
27%
1961
A-O
A-O
29
27%
1962
AT-N
27%
M-S
5
27'a
A7s
assented—
Cons
assented
AChinese
Munic
—
7s_——,-1960,
—-———I960
(Hukuang Ry) 5s—i£—1951
,
-
M-SJ-D "
28.'A
28'aj
*2'A
18'/a
28%
28%
19%
28'/a
28
18'/a
28%
28
27%
27
18'/a
27%
19'/a
19
28
28'a
6
28'a
~1
18
28'/a
19
28'/a
*29'a
A6s
28%
20%
*29'a
M-N
28
29
18
11
*29'a
AGuaranteed sink fund 6s„,—x.1962
28%
18'/a
20
28%
*29'a
1961
—
28%
21V*
*29'A
__1957
Mortgage Bank 6'As
A6 'As assented
ASinking fund 6%s
29
18%
22%
34
*29'a
a
28%
18%
20%
29
*29'a
A-O
19'/4
20%
*29'a
M-S
1962
fund 6s
assented
A 6s
'
1962
assented
A6s
J-J
Sep 1961
Sep 1961
sinking fund 6s
AExternal
28%
5
52
*29'a
J-J
Jan 1961
s
28
'
'A-O
sinking fund 6s__
28%
18 V*
19 V*
♦29'a
50
19
*44
M-N
1942
AExtl
105%
37 Vb
J-J
AExternal sinking fund 6s__*—1960
A6s assented
1960
assented
102%
99
103'/8. 106
63
28
§A7s
102
94
10
A-Of'
1961
8s
1954
External s f 7s__—1942
■
100% 101'/4.;
J-J
1960
4s
i2~
56'A
-
28'/4
28'/a
18
18
27%
17 »/4
28'/a
5'A
7%
8V4
62%
44'a
44'%
7
37%
49%
62
1
54 '
46
1
38
49
42%
42%
5
37%
49%
60%
61
7
49
61%
2
48(4
61
7
46 y8
For Financial Institutions
62
46
62
*
60>
49%
—
of)
JrD.'i
F-A
(City)
(Rep)
AChilean
62
.'4
J-D
.
47
*60
A-O
3
99'A
104
93%
«(
60'a
A-O
(Int reduced to 3.375%)^—1979
A7s (Central Ry)
1952
8
63
'i'l
i
'
,
14
104%
*
>
1979
■
84'A
7s
...
Stamped pursuant to Plan A
1
.=
;
(Int reduced to 3.5%)^1978
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
J-D
'5%
ft
.
38 'A
31'A
35
91
6s
s f 6'As.of 1927—_1957
Stamped pursuant to Plan A
.
31%
35
83%
f
AExternal
,
40'A
84 »/4
f
(Int reduced to 3.5%)x_'_—_1978
s f 6'As of 1926_I'_„_1957
ft
100
F-A
AExternal
..,
31%
48
91
s
Stamped pursuant to Plan A
(Int reduced to 3.375%)
40
84'a
s
S of)
31
84'/4
External
(U
1
J-D
1949
Stamped pursuant to Plan A
33'A
J-D
External
SABrazil
40
'
J-D
.
1962
—
31%
33'a
91'/a
J-J
1966
15-year 3%s
Belgium external 6'As
4
33'a
35
F-A
1967
20-year 3'As
.
35%
33'/a
35
J-D
(Commonw'lth) 5s of '25-1955
10-year 3'As
1956
10-year 3'As
1957
40 »A
7
*34%
—
A-O
Australia
31%
35'A
33'a
A-O
1958
5s__
92%
33'a
A-O
.
1957
65
65'A
3
64
60
78
35
35%
J-J
Ih 2d series__1957
f 7s 3rd
60%
..ft,
r76'/4
J-J
1945
*60
*60
J-J
1945
1st series
sec s f
sec
.
A-O
1968
f 7s series C
f 7s series D__
AExternal
,F-A
1948
series B
AExternal
i A Chile
-1947
4s
coll 7s A
(Dept)
3'As
A Carlsbad
6s
Akershus (King of Norway)
(Dominion
M- 8'
1980
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s
25-year
Foreign. Govt. & Municipal
Agricultural Mtge Bank (Colombia)—
60%.
48
97%
,
1957
1958
Brisbane
v
1-1693
50
59
...
56-'A
"
Exchange
<U
58.
*58
J-D:
54%
60
.
56'A
J-D-
3%s Series No. 29
••
Canada
§AGtd sink fund 6s
56'a
J-D
*
3%s Series No. 28
3%s Series'No. 30
.
'I
58
*56
J*Dv
3%s Series No. 26
'
'
3%s Series No. 24—
33As Series No. 25
Foreign Securities
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B) —
33As Series No. 1
--
•,
A-O
J-D
^
3%s Series No. 2
,
J-D
58'a
33As Series No. 3
J-D
e58'a
33As Series No. 4
J-D
59
59
J-D
58%
J-D
61
33As Series No. 5
•
33As Series No. 6
3 3As Series No. 7
!
J-D
33As Series No. 9
see
111
61
58%
5
48
60'A
62'a
11
60%
52
63
56
52
64%
*61
53
65
54
65
*56
60
49'A
u
SECURITIES
FIRM TRADING MARKETS
f-arl marks & p.o. inc.
foreign securities
specialists
*58
60
48
*56
60
56'a
59
St., New York 4, N. Y.
Teletype
-H,.
i-97t
59
J-D
50 Broad
Telephone HAnover 2-0050
60
J-D
-
FOREIGN
62'a
*62
page 33.
■■"iiiii'.u
51
J-D
_i__
33As Series No. 12
3%s Series No. 13-^__
For footnotes
61
34
J-D
:__i,
33/4s Series No. 11
e583A
J-D
—
33As Series No. 10
*58
58'a
*62
J-D
33As Series No. 8
■
.
.
;•
;{.t
:
-
iii..i.ri
.
60%
i
LMSIlL.
.
THE
NEW
YORK
WEEK
RANGE FOR
Friday
BONDS
:
Oct 1961
f
s
$
gold
extl
3s
•
-
Salvador
A
f
s
$
A 7s
part
A6s
41
44
"40%
41
44
2
58
82
4'
53%
79
12%
18
70%
70%
66V2
68%
13%
13%
14
17
*102 42
F-A
J-J
108%
52
Free
4-4%-4%s extl readjustment;
extl readjustment:
101 %
A 4
111%
Albany &
Amer
.1967
J-J
1949
46
46
*5%'
9%
m-n
.1977
17%
J-J
MS
15%
2
*51
*
J-J
,
29
*15%
•
17%
15%
67
;
1954
15%
J-J
46
2%s
2%s
debentures
..1975
A-O
2%s
conv
debentures...
'
10 %•
104
5%
8%
,
,
3s
78
12
22
31
4s sink
5, 1942, agree_1968
1910
6s of 1913
Oslo
>
A
assent
f 6%s
1
7
'
7%
1st
5
4%
12
12%
5%
13
88
"7%
14;
24%
18.
8
45
25%
5
*22%
M-S
*31%
9%
M-S
M-N
extl
4%s
l.
pursuant
reduced
(Rep of)
to
to
s
f
Pi»n
a
7s
2<*
26
68%
67%.
77%;,;
66%
80%
-M-N
*85% 102
.J-D
v
80
-M-S
*
M-S
-31%
-
M-S
<
.
.
(Int
31%
30
21%
27
16
14 Vs
17
16%
173
14%
17%
16%
15%
16%
135
14%
17 Ve
*
A-0
*7
(Int
reduced
to
Rio
Grande do Sul
8A8s extl loan of
Stamped
to
5%-
A-O
6V2
6
J-J
7%
1963
7%
J-J
1961;
J-D
6%
30
*51/2
-J-J
27
5%
16
6
J/2
4
5%
7%
3
>7'/,
7
;
6%
*33
A
Plan A
2012
to
Plan
Stamped pursuant
(Int
A 7s
-
reduced
external
Stamped
33
27
loan
reduced
9%
2.25%)
ASao
Paulo
(City)
8s—
to
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(Int
8ASftn
reduced
Paulo
Stamped
(Int
to
to
33
33
26%
(State)
F-A
23'
23
18
(Int
reduced to
(Int
reduced
dollar
to
(Int
f
to
2%)
series
ASilesia
A.4%s
B
to
(Prov
of)
51
67 J/4
78'%
52
272
45%
56%
84
17
79%
91%
75 J/4
19
70 J/4
81
761/2
86
4s
A'
series
lien
&
M
ref
4s
D
ser
4s_—
ref
Extension
1st
3'/2s
1951
7s_„
ser
J„^
page 33.
ft"
/:
80J/2-i80%
mtge
series
5s
95
12
88%
94%
95%
12
88J/4
98%
99%
100'A
*100
*93%
123
119
*119% 120 V2
A-0
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97 J/2
93
94J/2
' )■■■
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1967
97%
98
98%
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30
99%
96
9 6 J/2
91%
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88
98%-
*82
M-S
.1955
II
modified
98'
94%
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'
1st mtge 5s series AC—
M-N
1961
A-O
1960
J-J
*101
...
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81%
82
55 J/4
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»s
A-O
"
55%
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55%
6
42
Z. 50
60%
27
.
98%
98%
■
2
J-J
85%
84%
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27
M-N
971/4
97%
97 J/4
5
M-N
:
A-O
",58%
102
102
102
*100
:
103
102
*102 »/2
„
F-A
-
86%
7 2 J/2
19
,
M-S
4J/2S-——1957
102V2
101
89%
'
—July 1970
1954),
.Terminal .1st 4s-._—1952
Consolidated 5s
1955
Bush Terminal Bldgs 5s gtd—.L—1960
59
65
92
841/2
99
93%
95% 100
58
8
100 "/a
4
102
T
;J-J
,A-0
'
Elec
Power
J-D
88'%
M-N
24
24
21
21
27
30
-J-D
*23%
26%
34
104
National
■
24%
22J/4
25
r29
30
29
J-J'
r29
68 J/2
102
31
30
25
J-J
*40
:
49
12
49
49
J-J
28'/s
31
Adirondack
&
Ry—'
1st
*39
22
30
-40
49
46
3J/4S debs
(1947
Central
of
*37
__
38
34
40%
26
34
32
41
■1
30 %
30%
**79
80%
25 V*
35%
83%
*87
99'/2
;
]j-D
F-A
1031/2
102%
110
111 J/4
114%
109%
107%
10738
109%
112% 112%
11
110%
113'%
111% 112%
8
110%
112%
106 J/4 106%
112 J/4
M-S
J-J
100%
107
*107% 108%
9
106
94
93%
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107-
94%
107
40
1
82%
107
107 J/2
97'/4
IO8I/2
..
"J-D
"A-O
1—J1960
."F-A
issue)..^———1960
F-A
*101
1 'J'D
*75
Georgia
1948
58 J/2
62v / 62
102
IO21/2
31
101% 10134
1
711/2
100 J/2
1031/4
99
100 %
102
101
75
85
80 J/2
63
71 J/2
66
.78 J/2
Ry—
mtge 4s ser A
J-J
.1995.
;
Gen mtge 4J/2S ser A—
Gen mtge 4'/2S ser B„_
Central
Illinois Light
'tACentral of
27
33
98%
10
113 '/a 113%*107
F-A
-1965
Corp 3s debs„ 1
Celotex Corp 3%s debs—"
63%
63%
64
N
J
Jan 1 2020
May
68
68
68
Jan 1 2020
May
50 34
50J/8
50%
3%S—
gold 5s.
gen
A 5s registered
AGeneral 4s 1
90
1
A 4s registered
Central New York Power
115
67
80
V (4J/4%
mtge
to
Q-J
—1987
—1987
3s
"
.1974
>-A
.
B
1974
481/2
107
60%
107%
77%
24
37 %
85 J/2
753
75%
77
78
35%
85 J/8
64
64
66 %
16
32J/2
100
100%
_5
9 7 J/2
101 392
101A
9
101 3®2
76%
«£
Q-J
"A-O
101
;
"F-A
..11968
Aug 1 1949)
3%s-ser
""J-J
5
70
*107%
J-J
1987
Central Pacific 1st ref gtd gold 4s_1949
1st & ref series A
1
1st
'"A-O
1.1966
^1987
,
,
33
96
107,
39
36%
--
113 J/2
104 'A
A-0
—1981
mtge gtd 4s
§ACent Branch U P 1st gold 4s
29
*37
M-S
104
41
29
*37
A-0
18
TCarthage
1st
J-J
A-0
27
33%
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M-N
A-0
1
Celanese
M-N
2012
13
*36'A
M-N
J-J
27
J-J
/
5s__—11970
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.1955
Guaranteed gold 4J/2S—
1_—1956
Guaranteed gold 4%s_
1951^
Can Pac Ry 4% deb stk perpetuak—"
Carolina Clinchfield At Ohio 4s_—1965
*23%
-M-N
J-J
221/4
2
*99% 100%
A-O
.1957
*32
;
*98,;2 100
1974
gtd 5s A„.1962,
Ry—'
cons
Oct 1969
M-N
105
1976
3s
Oregon Power 3%S—
Canada Southern
41%
1st
5s_—
J-D-
94'/^
94%
105*
105
C
"F-A
65
99
99
102% 102%
32%
13
96 %
5
101%
73 J/2
69 J/2
103
103%
102
1041/a
'
Champion Paper fe Fibre deb 3s—1965
Chesapeake & Ohio Ry—^
General
1958
Ref & Impt M "3 J/2S series D
..1996
Ref & impt M 3 J/2s series E_.
1996
1957
R
&
2d
see
<
Telephone of Pa 5s series C„1960
4J/2S-
—
74 «/2
J-J;;.
.*—1951;
^^1951
stamped
Creek
gold
1978
83,
J-J
.1985
1958
extl
M-N
1980
.
1962
assented
'
gold
1962
extl
Sydney County Council 3%s
For footnotes
72»/2
51
gold
Plan A
external
sec
72
51%
;
„
'
Guaranteed
1940
7s
(Kingdom)
secured
A 7s
72
—.Feb 1 2010
63
,
—due Dec 1 1995
income
Guaranteed
Plan A
(Int reduced to
3.5%)
Serbs Croats & Slovenes
A8s
J-D
May
J—;
conv
Guaranteed
1968
to
Stamped pursuant
70
31
2004
98
70J/2
29J/2
1999
2.25%)
94
86
70 J/2
27
A
loan
reduced
s
Plan
82
57
24%
1958
to
Stamped pursuant
8ASecured
34%
Plan A
2.5%)
69
92 J/2
58%
35
1999
loan
pursuant
87
92%
57%
Canadian
1936
to
86 J/4
67
29%
1957
2.5%
pursuant
extl water
Stamped
A6s extl
*391/2
1950
to
86%
56 J/2
48
Calif
A-0
pursuant to Plan A
reduced
100 J/4
75
27%
2001
8s
97%
62 J/2
*30
2012
11
33%
Plan A
2%)
99%
62%
*29
_1952
40 J/2
99%
28
Plan A
external '
Stamped
,
F-A
23%
J-D
reduced to 2.375%)
A6%s extl secured s f—
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*25
A-O
(Int
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A-0
1952
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15%
63 J/4
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37
Plan A
6%s
10
99%
J-D
Bush
27
33
2.25%)——2004
(City of)
39%'
.22
62%
K_—
J-D
2004
25
104%
"
1968
1966
108 %
27
38%
j-j
Gen
mtge'2%s—„—
1976
Buffalo Niagara El 1st mtge 2%s__1975
Buffalo Rochester & Pgh Ry—
27
*35
Plan A
1967 stmp pursuant to
(Int reduced to
ARome
fixed
A-0
.2012
105 J/4
9 8 J/4
51%
•
Bristol-Myers Co 3s Debs
1968
Bklyn Uniori El 1st gold 5s
—1950
'Bklyn Union Gas 4s debentures^.
1969'
13
23
Plan A
to
to
(2%
1999
1926
of
1031/2
15
51%
•; j-j-
-i..due Dec 1 1995
AInc mtge 4'/2S ser A
ABieda .(Ernesto) Co 7s
9%
17:
9%
33%
23
~
104'
101% 1021/4
j-j
61%
1st
,
2%)_
pursuant
A-O,
27
104%
102",
j-d
1966
;1 1st mtge 4%s series JJ__—
'"U 1st mtge 4s series RR
,
(Int
7s
to
to
*23%
A
reduced to 2.5%)
A 66 external
sink fund gold
!
"m-S"
61%
California
(Int
>
104%
M-N
—
1921———1946
pursuant
J-J
J
2%)
(State of)
101
1976
*; 5
8
*15
_1950
J—1953
pursuant
G
Boston & Maine RR—
;
16%
2001
11
J-J
32
16%'
A-0
Plan A
reduced to 2.375
%)_
sec 6%s
AExternal
Stamped
103 % 104%
62 J/b
Bell
15%
to
115
m-n
Beneficial Indus Loan 2'/2s debs_„1961
.Bethlehem Steel Corp—
Cons mtg'e 2%s ser I—
.-1970^
95
.
pursuant
106%
62%
1st
106
16%-
.
115%
M-S
4s
16%-
.1968-
81
.'0
M-S
Con
A-O
A-O
».
122%
109%
"
Toledo Cincinnati division
95"
75'/a
101%
*22%
123%
121
109
121'
5% ser A
"" ''
(3'/2^ fxd & \V2% cont.int:)_M980
J-J
92
J-D
(Int reduced to
2.375%)—
2001
7%s 1966 stmp
pursuant to Plan A
(Int reduced to
2.25%)_j__.—2006
.} ARio de Janeiro
(City of) 8s
_1946
Stamped
A-O
due Mar 1 2000
93
80%
80
103%
.
.1947
gold 8s
82
100
i'j- Cons mtge 2%s
.
103'/»
77'
95
Bangor & Aroostook RR—
M-S
1940
7s
Alegre (City of) 8s
Stamped pursuant to Plan
73
69
—
100»/2
S'western div 1st mtge
92
80%
26
82
93
contingent interest) —
93%
1961
A Porto
i
5%
mtge
gen
3%
-Ref
94%
33
22
1960;
—*
41/26 assented
97%
81
*80%
1958
f
s
96
75
1959
ser
assented
loan
89%
84 %
'A-O
1
1st ser.
6s
26%
79%
81
101% 101%
*80
m-n
4s„—July 1952
A_i__—1964
Pgh Lake Erie «fe West Va—-
87
J-D
1963
2.125%)— _2008
6s
f
&
Beech
7s—_1947
external
s
cons
101
V
—.1963,
4J/2S
80
97 J/2
*
A-O
Series
'
?
5
102%
102 %
A-O
A4%s
.,
•'
to^j___—1994
of)
33
22%
"
116%
A-O
Ry«Jst 4s__ 1948
mortgage 4s
,
1948
Series
26
82%
"A-O
,...1955"
"
.
32
10%
96
99 'A
106'A
101S/8
91%
109
M__'„_—. due Mar 1 1996
Ref & gen mtge 6V0 (2%% fixed
'
and 3%% contingent interest)—-
76%
84%
' F-A
1957
1970
3%s series .B_j.__.j__
1967
(State
1st
unified
Series
30
29
91 J/2
q-j
July 1975
and
87
A-O
1963
.
-
M-S
1965
loan
*22%
*95
89%
A-O
mtge 5 '/o ser B (4%
fixed
1% contingent int) —July 1975
Ref
,
30%
29
31
102
and
3
%
91%
102
July 1 1995
mtge 4s ser A
31
24%
a
101%
B
1st
4%'
el5
100
379
A-O
—1995
——
"93^
85
87%
—1962
Air Line Ry—
91%
98 J/2
103%
661
.
97 J/4
Baltimore & Ohio RR—
8%
6%
a8 %
92 %
166^
89%
7%
e9%"
el5
023.5--'—
^
92 %
Atlantic Refining 2%s debs
15%
M-S
A4%s assented
AExternal sink fund
1
10%
6V4
A-O
1956
§ AStabilization
A
5
2.125% )___2008
6%s
—1959
to Plan A
SAPoland (Rep of) gold
6s_—
*
11%
91v4
85%
103
89%
18
m
J-J
to
f
s
ANat loan extl
ANat loan extl
A4%s
13%
*31
assented 5s__,
mod 3%s ext
(Int
3
e9%
Plan A
Bank extl s f 5s
sink fund 4%s
Stamped
15%
5%
7
103%
ST>hr
103 y8
9%
0
7
80
121
109 Vs 109%
§ A Atlantic & Danville
j
§A8econd
6%
MS
to
fund
4|APernambuco
APeru
Atlantic Coast
-»
37
11%
J-J
pursuant
sink
ref
v
!
mortgage 3%s
General
'•
1958
pursuant
fund
sec
31
1st
«
9%
15%
15%
89
91%
89%
109%
Series
(Republic)—
Stamp
*6
J-J
1933
Stamped
Ext
12
5
U
88%
:-87
1969
Stamped 4s——
Atlanta & Charlotte
34
*5
J-J
reduced
(City)
Panama
18%
20%
35
78%
j-d
—
(State)—«
reduced
Municipal
1
7
71/2
33'/a
J-J,
...—1945
f external
s
35
J-D
to
2.125%)—2008
Netherlands (Kingdom) 3%
1957
Norway (Kingdom of) 4%s_J.
3%s
v,
J-J
1954
1952
External
25%'
271/4
*6 »/4
V
67
72%
1957
debentures
General 48—
26%
86
j-d
Arbor 1st gold 4s_—
July 1995
A P W Products Co 5s
.1966
Atchison Topeka & Santa Fe—
,
86 J/2
99
39
70%
10
conv
100%
97
80
A-O
1987
,
107%
94%
92%
j-d
Ann
23%
19%
27%
J-J
AAss'td to Nov.
5, 1942, agree_1963
(City of) 6%s
(Int
;
'
j-j
1982
debentures——
Amer Tobacco Co deb 3s
103
13%
16%
"
—
a-o
Q-J
Q-J
A Milan
external
1986
1961
-—__
debentures
debentures
2%s
10%
155/8
M-N
AAss'td to Nov.
5, 1942, agree_1963
Stamped
debentures
104%
103%
*98%
88-
,
100%
8
99
91%
J
28
19%
.
98
.J--
-
M-S
25%
"
J-D
1943
of 1904
s
J-D
Foreign Pow deb 5s
,.2030
Telephone & Telegraph Co—
,
105%
*80
~
F-A
22'
*25%
7
companies
*100%
M-S
1930
96%
>
10%
--
J-J
..1957
6%s_.
;
4s of
A-O
debentures
50
100 '/a
11
5
5%
5%-
105
A-O
American
6%
6
7
,
*103
105%
2%s
10
7
6
14
%
?24%.—_
M-N
J-J
55%'
101
*6%
b
industrial
69%
38
*102%
.
1960
.
Ass'td
ASec
&
and
58
^
§AAssenting
"V
44 %
55 %
■
M-S
to Nov
5, 1942, agree.1968
J A Mexico (US)
extl 5s of 1899
£..1945
§ A Assenting 5s of
1899—
1945
AAss'td to Nov. 5,
1942, agree_1963
(Int
__196?
Alleghany & Western 1st gtd 4s__ 1998
Allis-Chalmers Mfg 2s debs
:
1956
American Airlines 3s debs
.•——1966
5s.
assented
Stamped
3%s
mtge 3%s
1972
Susquehanna RR 4%s„1975
82
-1947'
Nov.
*
A-O
1st
90
J-D
•
Southern
Power
95
a-o
f
s
AMedellin
(Colombia)
Mexican Irrigation—
ASec external
1952
Great
Alabama
70
59
m-n
AAss'td to
,.,*24%'
,
railroad
54%
,
Minas Geraes
F-A
68
Utility—
§ATreasury
——1958
—
92
"
,
assented
25
-1977
-
%s
31
B_
4s
27%
F-A
65%
.1977
AAssenting
90
241/4
.1953
118
;
§A4%s
92
70
77
Consortium for
Public Works 1% to
3%
.
80
75
*70
,
A-O
.
State extl
Public
84%
F-A
1952
86'
Italian Credit
5 A 7s series
84%
J-J
1973
.1984
75
55%
861/2
85%
83%
AVenetian Provinces 7s—..—
A Warsaw
(City) external 7s
10222
35
*68%'
121
73
731/4
84%
J-J
29
74
64%
J-J
79
79%
64 %
J-J
121
77%
*77 %
77
*
Italian
78%
*77 %
85%
paid
'
*110
122
M-N
F-A
>
High
126
1
J-D
_,___1979
AAdriatic Electric Co 7s
Jan 1, 1976
paid_
part
conversion
3%s
105
*40
117
M-N
Alabama
A-0
*110
M-N
External
107%
*106
Low
M-N
3%-4%-41r6s extl conv——1978
99%
108
January 1 j
124
(8 bond of 1937)—
readjustment..____.__1979
External
102%
*99
J-D
F-a
*
6s
No.
High
Range Since
3%-4-4%s
.
Government—
*
Irish
fund
Sold
*110
..—1900
1964
A-O
(Republic of) 7s__
Republic extl 7s
Greek
sink
Bonds
Friday's
F-A
2%s
2%s
$
Estonia
French
AExternal
45
43
M-S
Jan 1,1976
Jan 1, 1976
.
f
s
75
1946
6s_!
41%
68 %
8s
fund
35%
M-N
extl
sink
*40'/2
"40'/a
M-N
(Republic)
AExternal
—-
f
s
68%
or
Bid & Asked
High
1955
(Republic of)
extl
extl
5
47
69
Sale Price
Low
73%
69
Last
Period
__„T_1962
4 %s
3'/as
-
Low
2
37%
Week's Range
Interest
New York Stock Exchange
J-J
5'/aS
gold
4s
No.
BONDS
January 1
69%
36%
%
J-D
1942
External
Jo
Range Since
Sold
F-A
Stamped assented tint reduced
to 6%)
extended to
1960
{ADenmark 20-year extl 6s
External
37
Monday, December 13, 1948
Friday
Bonds
M-N
—
-El
High
681/2
A-O
25-year gold 41/26;——
—__1953
ACosta Rica (Rep of)
7s.,—.—_"r1951
(Republic of) 5s of 1914..—.1949
External loan 4V2S series
C—,—1949
4V2S external debt,
1977
Sinking fund 5'/2S
—1953
Czechoslovakia (State)—
-
Friday's
69
A-O
Cuba
-
or
Bid & Asked
J-J
bonds—.....,_,.1970
SASinking fund 7s of 1926......1946
f ASinking fund 7s of
1927
1947
Copenhagen (City) $s~„t
1952;-
.
Sale Price
A-0
Jan 1961
external
DECEMBER
SAUruguay
SAColombia Mtge Bank 6V2S____„1947
_
ENDED
CHRONICLE
RECORD
BOND
(Republic of)—
A6s of 1928
A6s of 1927
3s
Last
Period
Low
Colombia
FINANCIAL
Week's Range
Interest
New York Stock
Exchange
&
COMMERCIAL
A
gold 4%s
Div
consol
1st
cons
gold
'J-J
*99
1992
gold 4s__1989
4s_.—_—
1989
99%
120% 121
93%
93 J/2
96
119%
100 7/e
130 J/2
92
9334
91%
104%
92
94 'A
92
105
114% 1141/2
114
117%
109J/2
1101/2
110 %
Volume
Number 4759
168
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2455)
31
-
NEW YORK BOND RECORD
RANGE
Friday
.BONDS
New York Stock
Interest
■
WEEK
ENDED
DECEMBER
10
Week's Range
Last
Period
;
Sale Price
Exchange
FOR
or
Friday's
Low
Friday
Bonds
High
Range Since
Sold
Bid & Asked
January 1
No.
Low
'
Interest
BONDS
Period
New York Stock Exchange
4
Last
Week's Range
1st
&
lot &
1st
1958
ret
4%s
series
ref mtge
ref mtge
&
Chicago &
3'/8S,_:
2%s
Eastern
111
J-J
B,_——1977
1985
F-A
mtge inc conv
1st mtge 3%s ser B,
5s
—,,1997
Low
inc mt^e
A 1st
&
A2d mtge 4%s
1985
1st
St
mtge
4%s
conv
2nd
4%s
inc
mtge.
1st
L &
59 Va
60
7
A_—Jan 2003
54%
48% '
49 Va
39 Va
55'A
94' '
J-J
Apr
65 Va
65
67
Jan 1 2044
Apr
54'A
54
55'A
Pacific
& S'eastern
1994
1994
1962
Chic
72%
series
&
1969
72%
J-J
Div
102 Va
102'A
3'/as
ser
N
mtge
3%s
ser
O—,,2000
J-J
mtge
2%s
ser
P___L,_j.___1982
J-J
83%
mtge
2%s -ser Q
~2010
2V»s ser R
1961
Bay & West deb ctfs Aj„___
Debentures ctfS B
J-J
75
mtge
J-J
102
96%
1st
F-A
,*98%
'96 Va
101%
*91
95
80
80
J-D
99%
87
.
*
1993
J-D
J-J
68
_1991
trust 4s_„1990
J-J
64
4s
'
93
91
32;
78
4Vis
&
!—
1950
gtd 4%s
Terminals
1st
Conn Ry &
;
-'i
1st
1st
&
conv
7
88%
5
84 Va
102 Va
1951
103 Vs
103 Va
-
;
A-O
106 %
106
14
100%
1st
s
2%s
80
100
—j.,1978
591/4
1
68
56 V2
97
97
94Va
_5
93
97%
94'%
19
93
8
117
8
94
*94
M-N
94
94 Va
Vs
A-O
66%
60%
59
J-J
—1976
f
5s
series
A_,,19t>2
1949
*10F
M-N
46%
96 Va
104%
46%
47
12
101 -V,
102
11
103
M-S
94V4
94V4
119
118% 119
95%
94%
M-N
1st 5s A„—1957
5s_,
95%
96Va
A-O
.
M-S
-1031A'
10'
:
!
102 Va
i
98-Va
1st
)
|
441/2 A 58%
101'
103%-
104,
108 Va
105
104% 104%
F-A
107
3
*105
103
102% 103
105
*,_
A-O
gold
3VaS„———
I
—i
61%
60%
63 Va
101
57 Va
68
23 Va
22 V2
24%
97
17 Va
29 %
1st
gold
3s
Refunding
)
94%
*_,
J-J
*lG3Va
J-J
—1951
95 Va
—1952
A-O
100 Va-
1
I
*35
103%
103
103 %
23
J-J
101 Va
101
1011/4
18
100% 101V4
9
M-N
105 Va 105Va
14
i,——1966
F-A
1950
J-D
*1031/2
gold 3s
1951
J-J
*100
3V2S_1953
Cairo Bridge
1st
95 'A
107%
Springfield
101 Va
10
97 V2
97 V2
94
99
92%
Div
Joint
95 Va
100%
103%
1st
106
110%
1st
Illinois
100
*
1st
1st
&
ref
ref
ref
gold
4V2S. series
Terminal
Ry
101%
Indiana
101%
Indianapolis Union Ry
102
-90%
M-N
J-D
•
91
88
*49
51
48
J-D
35 Va
94Va
'
"36%
-
J-J
32%
J-D
33 Va
J-D
.■
80%
7
31%
36%
33V2
371/2
*33
34 Va
37
34V4
&
Iowa
1st
Adjustment
series
6s
A
12
111
a
A 1st
33%
101
101
102
103
101
101
*101 1/4
*102%
Va
*101 1/4
F-A
F-A
J-D
94%
94
95
92
^.1963
J-D
87 Va
87%
88
32
1963
J-D
81
81
5
J-J
*95
101
1st
J-J
*101
102
A—,1970
ser
gold
1950
42%
32%
97
97
JrJ
J-J
,1986
84 !
33 Va
99% 103
95 % 100
*100
4s
55%
32%
101
*100
—1963
A—
6s
J-D
88%
81%
100 Va
93%
77
88%
95
101 Va
102
100
"
—
90
85%
85%
RR—
J-J
——,—1952
A-O
1944
/
61
A-O
,1956
61
66
115
52 Va
76 Va
24%
158
20
43%
48%
71%
d61
70
d61
.
68
.65%
46
57
66%
71%
.50
36
•
60
67 Va
'
M-N
1972
76%
23 Va
24 Vb
J-J
1956
A 1st gold 5s series C—1
§Alnternat Hydro-Elec deb 6S4
Int Rys Cent Amer 1st 5s B
d64%
65
J-J
jseries A_,_July 1952
series. B:,
5s
*101
Co—
&
34
25
104 %
*101%
Imp 2V2S ser C—
tlnternational Great Northern
Ref
1
34
J-J
98 Va
N O—
C,-,,
4s
96
47
104%
104Vb
J-J
1951
mtge 4s ser D
97%
99 Va 100
108 Va
89%
77
103 Va
—
L &
99%
100%
99%
102%
102 Va
F-A
1951
series A
5s
*99Va
M-S
J-J
102 Vs
95
J-J
3 VaS—1951
—i.
111 Cent and Chic St
96%
5
127
105%
98 Va
'
24
107 Va
60
85%
98
1951
Western Lines 1st gold 4s;
2
94 V2
84%
,
1951
3s
104 Va
Registered
95'A
94'/a
103
gold
95
A-O
106%
____—
Div
1st
",104%
A-O
§A7%s series A deposit rcts_,—1946
§A6s series B deposit
receipts—,1946
Div
St Louis Div & Term gold 3s
Gold 3 VaS
101
J-D
1—,1952
gold 4s
84%
103 Va
99
11
.,—1955
5s
101 %
Va
70
101 Va 102
102
103%
102
100 Vs
M-N
Omaha
102%
100%
—
1953
Debenture 4%s ,1
V
100
102
—
M-N
3V2S-———1952
gold 4s_4,
*101%
M-S
,———1955
lines
trust
Refunding
1 ^
94Va
30
101
IOIV4 IOIV4
A-O
4s
Purchased
Collateral
95
J-D
gold: 3 Vas,^'—,L__,1951
sterling,—,
,1951
trust gold 4s
I
J-J
1978
—,1951
104 Va
M-S
J-D
96 Va
105%
RR—
4s
104 %
101
v.
~7
105
1968
±—_
——
47
71
>104%
105
98-
88
103
12
*102% 103V4
A-O
Feb 1957
gold
Collateral
"""
J-J
98 Va
127 Va
>
F-A
Telep 2%s series A„_1981
Central
Extended
t
107 %
57
101% 102
mtge 3V8S,_„„1966
Ry 1st 5Vi5
1942
receipts
Apr
1968
M
1st gold 5s_.
income
Illinois
108%
106'A
;_;.1963
§ A Deposit
receipts
ACuba RR 1st 5s
gold
§ A Deposit
,-_Jan 2044
3sj._-
1st
Illinois Bell
101V* 101 Va
95
101%
102% 103'A
A-O
102
.
'
68%
92 Va
2
70
106% 106%
M-N
Consumers Power 1st mt^e' 2%s„,1Q,75
Baking 3s debs
1965
Northern
1st
Manhattan
&
AAdj
104%
59 Va
100% 100%
F-A
Continental
§ACuba
101 Va
93
5
Va
106
J-D
debentures
1st
11 Va
102%
92
5
104
*101%
F-A
Consolidated Natural Gas 2%&
Crucible Steel
74
6V2
30
73
96
94%
1st
_1977
—_
mtge 2%s ser A
:—1982
ref mtge 2%s ser B__.
1977
ref mtge 2%s ser C_1
__1972
ref 3s series D—
1972
1st &
3s
B
ser
1st mtge 3s series B—I
F-A
N,__,_,,,__„1978
ref
&
,1st &
73
J-D
Coal
Litchfield
f 3%s
a
"i'A
Louisville Div & Term gold
1955
Consolidated Cigar Corp 3%s
,1965
Consolidated Edison of New York—
1
1
A-O
—1980
L 1st & ref 4Vis
Conn River Pwr
'
82
96%
63
97
97
A-O
95%
99%
1
extl 4s
mtge 3s series L
J-J
J-J
Commonwealth Edison Co—
"1st mtge 3s series
70
91%
2
11
77%
64 Va
88%
*—
A-O
1977
__1970
,,,
".
1973
ii
1st
J-J
!___1969
J-J
Hudson
97
67 Va
53
Ry—•
(stamped modified)'
& Toledo
92Va
100%
8 V4
1999
—
Columbia Gas & Elec 3Vas
debs—1971
3%s debentures1973
Columbus & Sou Ohio El 3 Vis
Columbus
95%
*102
—1970
Hudson
82
'
82
"
68 Va
104
J-D
1961
Southern
Utll
75
95%
Hocking Valley Ry" 1st 4%s:.-_^
Household Finance Corp 2%s
•
97
67 Va
"
.
■
9.9 'A
J-J
1982
88
64
M-N
:,_1970
mtge 5Vis series A——1972
Colorado
States
99 Va
98
'
mtge inc 4s
Hudson Co Gas
.1977
1st mtge 5s series B_:
1st mtge 4Vis series
1975
A__i._,July 2015
D
Vs'
82%
42
:
i
B
3%s seris
75
M-S
'
1st
...
87
88
83%
*70 V4
Hackensack Water 1st mtge 2%s,_1976
Ry—
____
1st
1-
117%'
H
J-D
Series D 3%s gtd
ref
RR—
ser
123%
110
90
83 v»
A-O
112
116
100 Va
J-D
.
Cleveland Electric Ilium 3s_
1st mortgage 3s_.
Cleveland & Pittsburgh RR—
Cleve Short Line
Cleveland Union
Ohio
series
109%
*87
Feb
'99
1961
coll
&
4s
rex
mtge inc 5s
1st mortgage
109
1st
&
r
115%
*87Va
Feb
1959
Collateral trust 3%s
106%
99'/a
^,1990
L
Corp 3s debs
Mobile
Gulf
105%
3
106%
Div
series
mtge
1st &
5
101
*__.
106 Va
.
97 Va
119 Va 119 Va
80
99%
86
99 Va
99
109% 109%
Gen
*106% 108'A
B
Mich
M-ri
J-J
Gulf
F-A
Louis
1st mtge 2%s_1065
RV'Co—
J-J
91
101 Va
104% 104%
103
81 Va
J-J
A
debs,
St
Co
4 V2S
Grevhound
1
99 V2
F)
Gen
102
75%
10
103
66
86 Va
1952
105
5
104 % 104 V2
J-J
<B
A Green
101
100
75 Va-.
105
,,
*85%
Gen
94
:,_1974
impt 4Vis series E,„__.
St Louis
101 Va
02
102 Vs
1973
107 Va
100
6
56%
'
4s
Wab
71Va
,1993
&
gold
&
101'A
9
A-O
*100%
M-S
Gen
27
123
102% 102%
M-S
J-D
1969
50 Vs
Va 104%
B
94
100 Va 100 Va
104 Va
1949
Gen
70 Va
89
debsi_„_„_,1966
23/4S
Cin
102%
J-J
*103
102Va
21
1
D—,—„—1970
Gen
J-J
1952
M»N
104
100
4
57
General
xst
J-J
_1963
4s
conv
57:
102
12-
59 Va
Gen'
58"
100
72%
58
o%s series
General 5s series C
75
102% 102%
J-J
1963
G
ser
Indiana
General
Cin
Goodrich
61%
208
90%
75%
102'/a 102 Va
M-S
_
General
65
52 Va
*101
J-J
debs
Great Northern
106
153 '
60'A
101 Va
103 Va 103 Va
102 Va
M-S
deposit,,—:
of
103 Va
J"L>
Sug^r coll trust 6s_,,,__1956
^4fr.conv*mc
Ry—
series
Fuel
Ref
99%
90
90
J-D
City Investing Co 4s
5s
88%
145
106 Va 106 Va
90'A
J-D
,1951
gold 4s
.
•General
106 Va
Apr
J-D
mtge gtd 3%s series E„
mtge 2%s ser'G
Cleve
59 %
*87
J-J
Orleans 5s___iy51
4Vis series D_l__
&
159 Va
J "J
Certificates
M-N
1961
,,<.1059
1____,_1974
Gas & Elec of Berg Co cons 5s
General Realty & Utilities Corp—
Station—
West'n
City Ice
•-
2
Va
High
80'
Ry—
& Elec 1st mtge 2%s
1975
1st
mortgage 2%s
——,—*wl978
Cincinnati Union Terminal—
1st
100 ]/4 100'A
Apr
—iy»9
&
.
5
Low
90 Va
*
Ry—
Cine Gas
1st
94
J-J
23/4-4%s___r
ref
93%
13
RR—
2%-4%s___
1st mtge 3'/8S
1st mtge 2%s
1st &
48%
A__Jan 1 2019
ser
1st & ref 5s serfes A
Francisco
67
J-J
4s—1956
Range Since
January 1
No.
120%
J-J
1951
M
Union
Chic &
111'
A__—Jan 1983
.inc 4%s_;_..Jan 1 1999
Chic Terre Haute
Chicago
22'
v
55 Va
___
ref
•
75
119
79
B
1st
80
A
Va
6
Western
New
51
71%
21'
1994
inc
conv
Memphis Div
&
*118
J-J
mtge 4s series A-—,,1994
mtge conv 4%s ser A_Jan 2019
1st
74%
M-N
AGen
Income
44
5
3s ser B
Gold 3 %s
43
74
Pac
Chicago Rock Island
Chicago St
34
'
86%
ser
&
99
86%
Southern
ser
North
1st- mtge
44
M-N
Jan 1 2038
A
ser
Firestone Tire & Rub 3s debsl
tFlorida East.. Coast" 1st 4Vas
100%
91
73 Va
'
ser
&
Paul
mtge 4s
Chicago &
112' *
93
J-J
4%s
inc
Chicago Indiana
Gen
109%
4
93%
Louisville Ry—
mtge 4s inc
ChiC Milw
94 Va
Sold
High
112
A
J- J
Chicago & Erie 1st gold 5s
_1982
Chicago Gt West 1st 4s series A—,1988
*AGen
15
9 4'/a
"92
108
RR—
AGen
Chicago Ind
3
109% 109%
1093/i
F-A
1970
—>
109% 109%
F-A
Bonds
Bid & Asked
High
Chicago Burlington & Quincy RR—
General 4s
Friday's
or
•
Sale Price
96%
96%
2
75%
75%
15
96%
102
D
Dayton
1st
Pr & Lt
1st mtge
2%s
mortgage 3s
Dayton
Deere
,1975
:
1978
Union
Ry 3,%s ser B_~____1965
Co 2%s debs,___,
,1965
&
Delaware' & Hudson 4s
extended,__1963
Delaware Lack & West RR Co—
•
N Y Lack & Western div
1st
A
&
ref
M 5s
Income mtge
Coll
Tr
1st
mtge &
Denver* &
Rio
Light
tr
&
Salt
1%
Detroit
contingent
Gen
*
ref 3s
&
ref
3s
,
■
2%s
debs w
conv
Detroit
Mack
&
A Second
Detroit
gold
Term
&
25
54
66%
66%
66%
10
54%
101 Va
18
100 Ve
1977
RR—
1993
Apr
I——,,,1982
M-S
J-D
Div
1961
—1977
1st 5s____1956
ser
.
cons
Div
mtge
For footnotes
-66 %
82%
1
107%
see
95%
104%
77
68%
*71%
74 V2
58%
City
lst'3s,_1950
A-O
,_-i_,1975
1,
,,1968
A-O
Southern Ry
1st mtge 4s ser A
1st mtge 3%s series B
a
2%6_i__1974
104%
96
81
96
98%
*45%
47Va
38
49 Va
99
99
11
111% 111 VB
104
A-O
*101
2000
J-J
1953
M-S
M-S
106%
84
97%
A-O
A-O
4%s
98
*50
J-J
*100 Va
J-J
97%
98
3
97
100%
97
112VB
112 VB
-A-O
101%
-M-S
M-S
106 Va
—
%
Laclede Gas Light 4V2S conv debs,,1063
97
A-O
98
169
*97%
Kings County El L & P 6s
1997
Koppers Co 1st mtge 3s
,1964
tAKreuger & Toll. 5s ctfs__!_,:__U959
-
50
44
—
103
1047/a
99%
100 %
114%
109
*52
*108
J-J
.,,1961
1
96%
11
*108
J-J
1961
unguaranteed
99
A-O
45
99
101% 101%
J-J
—
101%
*101%
101%
J-D
98
176
101%
21
99%
103%
%
131
3/4
1%
106 Va
27
94'A
94%
26
*88Va
90%
101
98%
70
74%
84
68%
148
141
100%
112%
156%
105%
104
101%
106%
104 V2
100
105%
64
73%
93
95
81
86%
69%
37
82
~5
80 %
80 V*
20
>95%
99 V*
99
86
102
*94%
82
96%
110
*104
J-J
100
105 Va
c
96%
M-S
3V4»-„--—1971
;
.105%
,1970
J-J
page 33
1;
216
105
*142
1964
100%
99%
104 %
*104
96%
93%
97%
-I
110 VB
100%
*75
M-S
M-N
80%
*96 Va
105%
M-N
,1990
mtge 2s ser H
1st
.
70%:
6
J-J
A—Jan 2015
1st cons mtge 3%s ser EJ—
1st cons mtge 3VaS ser F.—
1st cons mtge 3V8s ser G
1st
5IV4
61
17
1965
stamped
Erie Railroad Co—
Ohio
93:
80
102 Vat 103 Va
1965
1st 5s
4V2S
14
'
J-D
4V2S
5s
inc
87
65%
65%
79
103 Ve
J-D
Elgin Joliet & Eastern Ry 3%s
mtge
' '
108% 108%
-
M-S
J-D
lien gold 4si__1995
1995
Gen
65%
J-J
1—!——,1995
& S'western
103"
-
gold 5s
Paso
i
J-J
86
83
98%
*99%
J-D
Kentucky Central gold 4st_„u:_j__1087
Kentucky & Indiana Term 4%s___1961
i
Stamped
L
,1961
87
72 Vb
J-D
2%'«____,1978
Plain
lntr_,,_,—1993
G_l_i.__1966
H—1—,___1970
4s
Lt
Kansas City Terniinal Ry
F-A
El
101
&
J-D
"
2018
fixed
cons
1st mortgage
(4V2%
Tunnel
1st
88%
*
1__1958
& Ga
80%
Kansas
Duquesne Light Co 2%s__
NY)
1
Pow
K
68%
A-O
J-J
1
A-O
68
M-N
,,1973
J-J
111
Kanawha & MicltlSt gtd gold 4s__1990
Kansas City Power & Light 2%s__1976
75%
95%
93% .96
M-S
Central
97
-
3s
series
1st
2%s__,,1976
*96Vr 95
J-D
Jersey
102
64 %
tSSADul So Shore & Atl gold 5s—,1937
Ed El
89
86
Det Tol & Ironton RR 2%s ser
B__1976
Dow Chemical 2.35s debs,,—
,1961
East Tenn Va
99%
63%
series
series
Jamestown Frank! & Clear 1st 4s__1959
103 Va
22
24
—
(3%
Edison 3%s
&
96 %
86
West
Lake
mtge
Gen
95%
64
3VsS
Grande
AIncome-mtge ser A
contingent int-)
Income
100 V2 101 %
M-N
M-N
mtge ser A (3% fixed
1% contingent int)__
Denver
103%
A-O
99%
103 %
M-N
1st
-
95%
103 %
„
May 1 2042
division
&
coll
98
*100%
1973
4-6S,,:
Power
98
J-J
J-D
11993
due,,
Morris & Essex
Delaware
C
ser
A-O
99
78
95%
99
86%
96%
100
Lakefront Dock & RR Terminal-*1st
mtge sf 3%s
ser
A_„
Lake'Sh & Mich Sou gold 3%6-.:
3%s registered
i.
J-D
1997
J-D
A 1st mtge income reg__l
1975
Lehigh Coal & Navigation: Co—
S F mtge 3'/as ser A,
,,1970
Lehigh Valley Coal Co— /
5s stamped
1954
5s stamped
:
1964
5s stamped
1974
Lehigh Val Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4%s ext_1950
Lehigh Valley RR—
4s stamped modified
2003
4s registered
:
—2003
4%s stamped modified
2003
4%s registered
—2003
5s stamped modified _j_
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Deo
Nitrate
Co
,
icrotitt
a?
Mvprs
111%
—
88%
98
82%
90
.
Ltd—
,
r
102
—
J-D
1997
Lautaro
106
*
1968
F-A
5s
1951
93
9
81%
93
95%
1
90
98%
95
100 Va
*100
—
F-A
94%
94%
94%
3
84
96
F-A
93%
93%
93%
1
82%
95
F-A
67%
68
2
60
71%
J-J.
70
22
67
75
—
69
37%
37'/4
38%
179
27
39%
,
%
M-N
*35
M-N
M-N
42%
M-N
45 Va
—
43
69
lVa
44%
72
A-O
*120
-A-O
A-O
38
4
*38
M-N
)
Tobacco
91%
95%
93
A-O
108
41%
—
45%
39
72
1
38%
30
43
29%
40
36%
47
67
78
120
122%
108
26%
v
4
121%
107%
111%
;
Monday, December 13, 1948
COMMERCIAL & FINANCIAL CHRONICLE
THE
NEW YORK BOND RECORD
RANGE FOR
Friday
Last
Week's Range
or Friday's
Bonds
Range Since
Period
gale Price
Bid A Asked
Sold
January 1
Low
Little Miami gen 4s series A
A
Lombard Electric 7s series A
Long Island unified
1952
25
25
M-a
100 A
34
102 Va
100/2100 A
2
100 o3*
102
F-A
107 Vi 107 Vi
1
107%
110%
1963
JL-O
102
1966
1st A ref mtge 3s
M-B
MS
—1978
100%
105%
168%
89 Vi
89%
21
A-O
102
Ref A
Northern
1st
A
ref
M
3%s
St Louis Div
Atl Knox A
2d
Maine Central RR 4Vis
1st
.
A
mtge
4s
con
9
70%
96%
94%
95
M-B
M-B
M-N
1972
B
1954
i Manati Sugar 4s sink fund—Feb
11957
; Manila RR (Southern Lines) 4s—1959
t May Dept Stores 2Vis debs
—_1972
Mead Corp 1st mtge 3s—
—,1960
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew A Drain 5% 81950
^Michigan Bell Telephone Co—
83 %
84
M-N
J-D
101
99
99%
M-N
"101%
—1952
C
J-J
1979
Minnesota Mining
..1969
A-O
A Mfg 2%s
101 %
101%
98%
*101
49%
Mo Kansas A Texas 1st 4s
1990
J-D
71%
71%
72%
48
68%
A
Cum
A
1962
84
89
83%
83%
30
71 Va
68
68
69%
32
61
*
72%
71%
72%
20
61%
A-O
76%
76%
'78%
45
47
F-A
80%
80
86%
92
71%
M-S
M-8
43%
43
44%
225
30 %
51 %
1977
80 %
79%
86%
304
71%
907/a
1978
M-N
80%
80%
87
-1949
M-N
26%
26%
27%
Pacific RR Co—
1st A ref 5s series A
A
General 4s
A 1st A ref 5s
A
series
F
1st A ref 5s series G
AConv
A
1st
gold 5Vis
A
ref
A 1st A
ref
A
ser
gold
5s
series
H
.'>•
72
48
1980
A-O
80%
80%
87
71%
80%
80
86%
164
71%
2%s
.1985
61%
61%
5
61%
j-A
*103'/a
series
Co
3s
B
1966
debs
1958
2000
1st gtd 3 Vis
Constr M 5s series A__
Constr M 4 Vis series B
,
3-D
1955
Morris A Essex
M-N
M-N
93
101%
"I
100% 100%
99%
104
-
27
54%
68 %
4
93%
18
103 ya
105
'
.
106
108%
«
97 Va
■
.
.
101
18
98%
31
98%
104Va
100%
100% 101
103%
debs
deberftures
.1987
1978
1983
111
98
103
12
98%
103
93 Va
94
94%
20
97%
i
97%
10
91%
94
99%
'
98%
97%
1955
M-N
74%
73%
74%
24
64%
89%
89%
89%
15
88V4
A-O
100 %
104%
106 Va
97%
99
A-O
49%
104
*100%
M-S
104
100 li
102%
35%
51%
102%
103
50
48
;
M-N
5s
"r
*103% 106
106 Ya
J-D
*100%
;
A-O
102%
6
97%
100
100 %
6
F-A
114% 114%
6
A
1965
J-D
103
102% 103 %
49
99%
107%
1968
J-D
106%
106 Va 106 7/a
20
104 Va
111%
1981
A-O
'98
97%
99
26
94
1984
J-J
98
97%
98%
44
94
103%
1952
A-O
100 %
141
97%
100 Va
83%
18
78%
,89%
103% 104'A
138
103 3A
104%
series
B
series E
4%s
83%
1963
3s
con\\ debentures—
Peoria A Eastern 4s ext
J-D
103%-
1960
Apr
1974
F-A
1980
M-a
1974
F-A
1977
1961
J-J
197h
J-D
Peoria A Pekin Union Ry 5%s
Pere
N
83%
A-O
Apr 1990
4s
100
100 Va
J-J
mtge
A Income
100%
A-O
3Vas series P
<.—1985
Peoples Gas Light A Coke Co—
104%
97 Va
1965
.Conv deb 3%s
Gen
101%
1960
series
mtge
103%
97%
—
97%
series D
4%s
4%s
Gen
93%
1978
98%
101 %
4
*104%
J-J
1952
debentures
f
s
General
75
M-N
98%
2
-
;
96%
93 Va
27
101% 102
'
90
26
91%
•99%
'
98%
99%
101%
8
91%
93%
V
98
95%
101%
*101% 101%
M-S
A
98%
17
94
M-S
debentures
22
99% 100
100
A-O
debentures
102
99% 100 Va
99%
-
.
104
101%
100% 101 Va
A-O
General
83%
*100
Tel
General
60%.
28
1986
Mountain States Tel A Tel 2%s
3 Vis debentures
98Va
94%
'i.
'.
:■
19
102
103% 104%
'
78
78%
A
.1986
3s
102 V*
56% .58
57%
Tel
debentures
68%
A
93%
*106
J-D
90%
M-S
(John)
98%
J-D
M
Pennsylvania RR—
Cons sinking fund 4%S
90%
F-A
Morrell
10
1
5
3-D
1982
ref
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power A Light Co—
1st mtge 3s
1975
*
31%
1981
Monongahela Ry 3%s
4
94 Va
Pennsylvania Co—
90%
18%
254
.1980
3Vas ser R
ref 2%s
&
Gtd 4s series E trust ctfs
Moh'k A Malone 1st gtd
gold 4s—1991
5s series I
14 "
99%
94 Va
93%
101
J-D
Pennsylvania-Central Airlines—
,A3%s conv income debentures- 1960
^Missouri
A
series P_
.1981
1st s f gold 4%s— 1955
Paterson A Passaic G A E cons 5s 1949
90
1975
Jan 1967
13
'
J-D
3 %s
80
1965
adjust 5s series A
98
*
■
103%
J-D
J-D
3 '/as
72%
83%
.1974
.1979
.1977
ref 3s series L.
2%s
69%
J-J
J-J
99
95%
—
99%
J-D
.1971
ref 3s series K—
A
Pacific
84%
J-J
1978
D.i
99
95Va
14
101%
__
J-D
Paducan
1962
B.
series
-
J-D
1st
RR—
series
series
104%
95%
•
( *98
*
__
A-O
1966
1st A
79
5s
—
1st A ref 2%s series Q_
57%
4Vis
1975
—
.1970
1st A
93%
26
lien
100%
"
3Vas
:
51%
lien
31
97%
97
M-8
1st A ref 3s series M_
101%
51%
40-year 4s
*
J-3
1974
,1st A ref 3s series N_
Marie—
51%
Prior
2%s
mtge
1st
66
3-3
Prior
A-O
1977
1st mtge 2%i
1st A ref 3s series J
101%
51
J-J
Missouri-Kansas-Texas
100
92
9
*100
•
100 %
96
59%
*84%
92
99%
13
96%
•'
F-A
106%
Jan 1971
ser
93
68
'
97 Va
A-O
87%
103%
17
Jan 1991
Gen mtge 4s inc
93
18
101% 101%
3-3
1.
A
A
94%
93
93
A-O
1975
.1978
Oregon-Washington RR 3s ser A—1960
100%
102%
80
4
82%
101% 101%
A-O
1967
99
—
"56
86%
r-A
.-1074
mtge 2%8.
1st A ref 3%s series I
100 %
M-B
ext 5s___._1940
Minn St Paul A Sault Ste
1st mtge 4Vis inc ser A
*
M-S
i_—1969
65%
87
Pacific Gas A Electric Co—
104% 105
104%
60
92 Va
92%
101%
101
100%
__
82%
M-B
60
6
Power Co—
Oklahoma Gas A Electric 2%Si_„1975
-
?101% 101%
"100%
53
60%
101
.
A-O
J-J
102%
98%
99%
M-A
Michigan Cons Gas 1st mtge 3Vis_1969
1st mtge 3Vis
tSAMidland of N J 1st
98%
97
99
A-O
103
60%
86%
M-S
mtge 3s—
1st
91%
70
98
7
101%
M-N
1951
27/eS
83%
94%
8
,
96%
100
,
„
96%
:—1988
Jack Lans A Sag 3Vis
1st gold 3 Vis
Ref A impt 4Vis series
mtge
70
96 Vi
High
107%
,
60
J-J
5Alst guaranteed 4s
Ohlq Edison. 1st mtge 3a.
75%
98
70
2
84
*~
"
3-3
Michigan Central—
1st
95%
99
'
fOgdensburg A Lake Champiain Ry—
1948
101%
67
94%
1
45
111
97%
1
14
72
71
95%
M-N
>
3Vis debentures
71 Vi
3-D
.2047
mtge 2%s.
1st
(Wise)
96%
106
~
100 % 100%
100 Va
J-D
-
92%
1
94%
94%
►106
Low
60
60 Va
J-J
lst
96%
1980
2047
2047
3047
1st
89%
9
A__—1900
ser
ser
79
1955
gold 3s__
Cine Div 4s__.
Macy (R H) A Co 2%s debs
'
77%
2003
H
scr
A-O
A-O
January 1
100% 101%
*
2003
'
Q-P
Q-A
.1975
States
(Minn)
101%
87
Range Since
Sold
No.
High
Q-J
Coll trust 4%s
Louisville
A Nashville RR—
1st A ref M 3%s series F
1st A ref M 2%s series G
1997
Jan 1 2047
lien 3s
impt 4%s series A
impt 5s series C
impt 5s series D.
Ref A
102%
5
i
Bonds
Friday's
or
Bid A Asked
100%
Q-J
registered
Ref A
M-B
2003
3
106% 106%
106%
1997
4s
registered
General
3s
1951
3s -debentures
4s
101A
1949
Louisville Gas A Elec 3 Vis
lien
Prior
100 A
29
Sale Price
Pacific Railway—
Northern
107
99%
100 A
100 A
Last
Period
High
18
25
M-B
1949
4s stamped
Lorillard <P) Co deb 6s
Low
No.
High
Interest
BONDS
New York Stock Exchange
Low
107
3-D
1949
4s
Guaranteed ref gold 4s
*
1I-N
1962
Week's Range
Friday
Interest
BONDS
New York Stock Exchange
«
WEEK ENDED DECEMBER 10
Marquette Ry 3%s ser D
61
14%
*104%
8
103%
68
14'A
103
__
93
13
93
93
93
117
59
2
15%
60
14%
112
25%
106
'
103%'
Nashville
Chattanooga A St Louis—
1st mtge 3s ser B
1980
National Dairy Products 2%s
debs_1970
3s debentures
1970
National Steel Corp 1st
mtge 3s
1965
National Supply 2%s debs_:
1967
Phila Bait A Wash RR Co-
f-a
1954
.1952
1st gtd
4 Vis series B
debentures
3s
New Jersey Bell
N
J
Junction
New
__1961
Jersey Power A
4s
"V
1
102
103%
A-O
103% 104%
11
102%
105
J-D
*97% 101%
96%
99
s
102%
102
M-N
116%
5s
series
5s
99%
5%s
New York
Cons
of
99%
102%
98
101
102
99%
99%
1
J-J
J-J
*104%
■
—
'' •'"103% 103%
1
90%
90
91
P-A
90%
90
90%
U
¥5t
86
.
86%
90%
Gen
78 Va
~4
92 y4
93%
92%
Gen
85
84%
60%
70%
61%
271
2013
A-O
,
67 Va
Ref A impt 5s series C
2013
N Y Central A Hudson River RR—
66%
67%
215
66%
72%
72
73
142
71%
3%s
Lake
3Vis
1997
1997
registered
Shore
coll
gold
3%s__
J-J
1998
Dock
4s
61%
61
61
1
61
1
60
r-A
58%
2
57%
64
Y
Lack
4%s
N
A
1st A
;
A Gen
1st
*89%
90%
81%
87%
19
82%
99% 100%
20
96%
101
98
J-J
*—
100
J-J
100
100
1973
M-N
M-N
2007
J-J
May
series A
ref mtge
Hartford
River
&
Port
ser
A-2022
1954
General 4s
1955
N Y Power A Light
N Y A Putnam 1st
N
Y State Elec A
1st mtge 2%s—1975
cons
Gas
71%
70%
71%
80
80
65
64%
46
43%
gtd 4s
2%s_.
1993
M-N
*102%
M-8
10%
9%
J-D
4%
4%
M-S
.1977
J-J
§ATerminal
Norfolk
AGen
3s
Palls
mtge
10%
5
*—
106%
98%
__
67%
212
7%
47
3
97
106% 106%
*41%
r-A
*31
29
1965
Elec
113% 113%
"4
*113%
106%
A-O
103
110'/a
11
103
HO Va
84%
99
19
89 %
103'A
100 Va
103 %
100
103 Va
100%
7
90%
91
3
79%
93
93
100
3-D
A-O
91
90%
91
3
81%
A-O
91
91
91
7
79 Va
93
107%
117
*107% 111
r-A
J-D
J-D
99%
100% 100%
J-J
mortgage 3s
111
2
100% 101
101
A-O
J-J
—1977
1983
113%
106% 106%
J-D
1964
mortgage 3%s
106%
110%
a-
1st mtge 3%s—1966
inc debs
Pwr
1974
1977
106
102
109
^
;
106'A
101%
101%
109
•
099
J-J
101 Va
105
106
*104
P-A
90
100
*98
90
1956
M-S
Public Service Elec A Gas 3%s
1968
J-J
*106% 107%
105%
108%
1972
2037
M-N
*103% 104
101 Va
105'A
8s_
2037
J-D
Quaker Oats 2%s deb.
1964
J-J
1st A
ref
mtge 3s
A
ref
mtge
1st
■
—
7%
1
A
ref
mtge
5s
144
144
*210
J-J
142
.
145
210
220
216%
"44%
Copper A Brass 3 %sJ
Gas A Elec Corp—
Gen mtge 4%s series D
Gen mtge 3%s series H
Gen mtge 3%s series I
Gen mtge 3%s series J
t A Rut-Canadian 4s stamped
t§ARutland RR 4%s stamped
1960
105
97
107%
32
52%
30
40
12%
29
M-N
77%
77%
3
73%
1977
1967
1967
.1969
1949
1941
M-S
1971
M-S
1996
1996
J-J
1955
J-J
83%
101
93%
102%
J-J
95
95 Va
7
93%
'
*107%
M-S
*106%
123%
—
107 V*
108 Va
—
107%
107'%
104
106
*104% 105%
98%
F-A
*__
M-S
78%
102
J-J
38
102
3
2
99%
101%
107% 107%
7
106%
109%
Saguenay Power 3s series A
St Lawr A Adir 1st gold 5s
2d
2014
A-O
} Norfolk A Western Ry 1st gold 4s_1996
>
Northern Central gen A ref 5s
1974
A-O
I*:
M-8
1974
M-S
88%
127%
90 %
8
127% 127%
9
110
110
M-S
J-J
8%
9%
15
7%
13
J-J
9%
10%
20
7%
15%
101% 105
100% 100%
107 %
Ry Co—
33.
100%
Rochester
10
M-8
Gen A ref 4%s series A,
86 'A
M-N
Revere
69
21%
1968
inc
98%
99%
85
M-N
98%
97
4
99 Va
R
Reading Co 1st A ref 3%s ser D..1995
60%
1978
106
.
*103'A
M-N
13%
1982
3%s
For footnotes see page
1st
Co 5%s
95 Ve
21%
1981
conv
.108
•105%
F-A
103
P-A
series P
5s
i *&>■
52%
97%
J-J
Power
Southern
1
F-A
Providence Terminal 4s
75%
31
1943
1st
Ref mtge 3%s ser E
Ref mtge
Niagara
60%
611
1940
5s
gold 5s
N Y Telephone 2%s ser D
(
314
46
'
11%
77
65%
99
85
*62%
J-J
gold
69%
76%
97 V8
A-O '
Y Steam Corp 1st 3%s
1963
JN Y Susquehanna A Western RR—
§ Alst refunding 5s
1937
§A2d gold 4%s
1937
N
§ A General
6
11
Chester—
_
JAN Y Ont A West ref 4s—June 1992
A
Potomac
*101
~6
94%
t
13 Va
RR—
4s ser A.__:
mtge conv inc 4%s
Pittston
1st
M-N
1973
4s
5s- series C
4%s series D—
100
2000
*106
J-D
J-J
100
97
99%
102
*99% 100'A
gen
1st gen
91
100 %
4
97
M-N
1st
91
86%
P-A
50
88%
97%
A-O
2043
A
91
97
:
106%
1st
5
101 Va
9 Va
8%
*_.
69%
A-O
B
4s
Q3
2043
A
Haven
Harlem
03
61%
.}
1975
ser B
gold 3%s
West
series
Y New
J-D
19
F-A
*M-N
99 Va
98%
12%
105
•
68
1998
60%
58%
96%
101% 101%
.
J-D
.
100
1
A-O
65%
60%
Mtge 4s series B
N
82%
61%
gold 4s
series
76
80
88%
1951
Connecting RR 27/es
Mtge
61%
79%
33
r-A
-
N Y
N
N Y A Harlem
*75
80%
r-A
New York Chicago A St Louis—
Ref mtge 3 Vis ser E
—1980
1st mtge 3s ser P
1986
1st
80%
1998
'
Y
F-A
80%
1998
3%s registered
Mich Cent coll gold 3%s___
3 Vis registered
*
J-J
1970
1975
1975
1958
Pittsburgh A West Virginia Ry—
1st mtge 4%s series A
1958
1st mtge 4%s series B
1959
1st mtge 4%s series C
1960
Pitts Youngstown A Ashtabula Ry—
1st gen 5s series B
1962
"84
mtge
1960
1963
1964
Pittsburgh Steel 1st mtge 4%s
76
A-O
1953
1937
102
97
28
11%
Pittsburgh Consolidation Coal—
3%s debentures
96%
60%
11 %
PIttsb Coke A Chem 1st mtge 3%s_1964
97%
1
31
61%
General
mtge 5s series A
mtge 5s series B
mtge 3%s series R
Gen
94
92%
RR Co—
*
...,
100%
98 Va
1
101
10%
*10%
gtd 4s series H
Cons gtd 4%s series I
Cons gtd 4%s series J
:
Pgh Cine Chic A St Louis RR—
80
4
92%
A
4s series F
gtd 4s Series G
cons
97%
*98
101
F-A
J-J
108'A
21
,
98%
*98'A
deposit.
Cons gtd
*
94%
81
59
94
deposit
series
of
48
Phillips Petroleum 2%s debs
1964
Pittsburg Bessemer A L Erie 2%s__ 1996
Pgh Cine Chic A St Louis Ry—
102% 107%
-100%. 104
—
.:-12
J-D
1937
98%
no
104 Va
36
99
99% 100
100
M-N
1978
1st s f
98%
99
118
105
29
104% 105%
105%
M-N
1981
2%s
2%s_
Philippine Ry
84%
1954
;
ref
1967
112%
112% 112%
*109%
J-J
1974
.
Cons
A-O
1956
A
4Vis
2%s—
a
'
.
impt
ref
A
ACertificates
F-A
A
2%s
1st
1998
Ref
2%s
ref
80%
A
of
ref
1st A. ref
103%
deposit
series
series
101%
1950
Central
4s
1
deposit
Vis series D
ACertificates of deposit
ACertificates
99%
*101% 102%
J-J
1953
4
A 1st
6
RR—
4s
C
ACertificates
A 1st
27
A
1st A
.
99%
B
series
5s
1st A
1st
101 »
r-A
M-B
General
General gold 4%s series C
Philadelphia Co coll tr 4%s
Philadelphia Electric Co—
101% 105%
115% 118%
102% 102%
1954
of
series
15
'
116% 117
J-J
-.1983
B
ACertificates
A 1st
100 Va
...
101 % 102
A-O
J New Orleans Texas A Mexico Ry—
A 1st
98%
*100
J-D
1952
1st gtd
~
M-N
1974
Ref A Imp 4%s series A
New Orleans Term
100%
1986
Light 3s
New Orleans Great Nor 5s A
New Orleans A Northeastern
-
84%
97
1982
gtd 1st
RR
20
21
1988
Telephone 3 Vis
91%
85%
98%
102% 102%
98%
3-D
___
Naugautuck RR 1st gold ,4s
New England Tel A Tel 5s A
85
3-D
49
127
92%
129
109%
116
105
108
gold 6s
St L Rocky Mt A P 5s stamped
St Louis-San Francisco Ry Do—
•
1st
mtge 4s series A—
1997
mtge inc 4%s ser A—Jan 2022
A 2nd
96%
96
80
96%
*70
70
75%
109
A-O
98
.
98
98
J-J
83
82%
83'/a
May
60%-
59
61
93
295
100%
79 y.
86
100
80
89%
51lA
65%
Volume
168 ' Number 4759
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2457)
,33
»
NEW YORK BOND RECORD
RANGE FOft
Friday
Interest
Last
Period
BONDS
Sale Price
New York Stock Exchange
or
4s
bond
certificates
M-N
.——1989
inc bond ctfs:.
Nov 1989
Gen & ref gold 5s series A
1990
St Paul & Duluth 1st cons gold 4s_1968
St Paul Union
Dept 3%* B
1971
4s
Scioto V & N E 1st gtd 4s
Seaboard Air Line RR Co—
j-j
67%
A—
Ry
Devel &
1st cons gold
4s series A
&
Devel
& gen
•
2
99
j-j
r
j-j
81
•
j-j
v
v-
77
-1961
j-j
a-o
a-o
Memphis Div 1st gold 5s—:
St Luuis Div 1st
gold 4s—,
Southwestern Bell Tel 2%s debs
1951
1996
1985
debentures
^il983
108 y4
;
;
j-j,
a-o
9434
99
102 %
f-a
-93%
J '
...
"V
4
76%
"9
21
105
2
•
98
*
108%
1995
Af-N
1973
A-O
—
110
;
imp 2%s
Corp 3s deb
New
series
Orleans
\
4
40
931/4
102
100v4
93% "943/a
73
1985
D
A-O
M-N
15
97%
97%
104%
(subordinated)
mtge
5s stpd
3%s
;
gtd
J-D
—_—2361
J-J
,
3 Vis
series
B
—1970
A-O
S6
1st
96
33/8s
series
C___—1990
A-O
89
ref
&
M
Pacific
1st
gold
5s
Gen & ref M 3%s series
Texas
Pacific-Missouri
2000
98%
Funding &
1001/2
:
E__—„1985
real
92%
100%
883/4
98 %
118% 1183/4
7
1181/2
127'/2
99 %
28
100%
iooy2100%
6
J-J
68%
68%
Jan 1960
A-O
Tol & Ohio Cent ref &
impt 33/4S__1960
Trenton Gas & Elec 1st gold
5s—1949
423/4
41%
J-D
Tri-Continental Corp 2%s debs
Af-S
A
AdJ
income 5s
5s
;
109
67
—1951
>.
,
37%
*iooy2100 %
99
3s
of Mo
mtge & coll
debentures
Union
Oil
2%s
of
trust
3%s__,-_ 1971
23/4S
101
1968
Calif
deb
3s
95
Union
Pacific
2%s
mtge
Included
not
101
1033/4
f-a
—
100
Af-S
90
>69%
57%
101
J-J
:
67 ye
B
1st
4s
88v4
102
80%
11
*95
101 is
95%
941/4
93%
95%
1001/2
*94
1001/4
103'A 103 Vi
1Q3%
.
J-J
101%
103%
*11%
A-O
111'A
113%
—
Ry—
70
73%
73 y2
73
43 Vi
J-D
3'As—:_1971
J-J
*104%
J-J
*92 %
Service
451%
64
98
-
77%
75 %
191/4
75
43'A
41%
J-J
1976
Public
103%
941/4
95
*95
:
997/8
102 3/a
99
*..*94 %
,
101%
96%
112
i
943A
99%
2
98 %
*10113
; J-J
1949
102
79
101 Ve
98 %
Af-N
—I960
103%
95
39
99 % 100
r.
101%
97
•-
99%
85%
101
-
99 Va
J-J
mortgage 3s——_1958
S
84
98 %
J-J
123
,
101V4101%.
,
Af-N
96%
101
19
96%
37
90%
87%
delivery
in the
Included
101%
101
—1—1991
C
1st
Central
Deferred
109%
101 %
*99% 100 3%
1976
series
109
59
20
Elec Lt & Power 2%s„—1976
100
105%
96
*103%
RR—
2y2s
10
97%
101 J/4
J-D
106%
54
43
30
—
*94
•
96 Va
.,93
95
105
103
99
*96V2
J-J
1970
debentures
Ref
107% 107%
Af-N
1967.
debentures
107 Vi
a-o
«'
100%' 101%
99
a
Af-N
1975
101
109
107%'
99%
1936
Wisconsin
Yonkers
1st
Co
&
Wisconsin
U
Union Electric Co
.
101% 101%
(
84 %
M-S
1973
ACertificates of deposit
Electric Power 2%s
64%
101%
J-J
-IP47!
§ A 1st general 4s—
A Certificates
of deposit
§ ASu & Du div & term 1st 4s
85
244
973/4
107%
55%A
'
106%
21
'
.
60%
98% 100
s
x
J-D
^Wisconsin
102%'
70 Vi
—
r
.
1053/4
1
61%
59%
*__
M-N
M-S
—.--I960
—
100
M-S
Winston-Salem
102
46
•
*100%
Af-S
1961
94%
99
r98
53
60%
May
4y2s_„_1950
estate
debentures'i__
Wilson
10
98'%
-
107%
107% 107%
*
4
1
"v.
-
47%
1
53
98.-98
106% 106%
61 Ve
59 Va
Gen & ref M 2%s series A-——1992
106
24
J-J
J-D
107%
.
Af-S
Wheeling Steel 3%s series C_,_
1970
1st mtge 3 Vis series D
—1967
101
1033/a
96 %
'
103
#*107
A-O
Wheeling & Lake Erie RR 4s_l——1949
116%
96%
18
893/a
Pacific—
Orleans 3%s__1974
Third Ave Ry 1st ref 4s
'
1960
114%
.13
118%
J-D
Term RR of New
'
98
88 3/4
&
10
85
5
106%
:
M-S
<
85
99%
97%
-94%
51
?
J-D
1967
v
90% 100
91%
53
.?; F-A
,__1950
75Ve
:
105% 105%
;
F-A
A—1970
74',
1
97%
90
A-O
.
20
,.
*
-
„
81
*96%
t
Af-N
,.1970
ser
'80%
;
,
M-N
Western Maryland 1st mtge 4s____1952'
Western Pacific 4J/2s inc A
Jan 2014
Western Union Telegraph Co—
96%:
100
95%
100 y«
104 y2104%
1st & ref M
Texas
100%
102%
•
101
debs
Registered
57%,
.92%
(Hiram)
West Penn Power 3'/2s series I_—1966
West Shore 1st 4s guaranteed
2361
1053/a
10
8
-Gen
-973/4
46%
8
96
Westchester Ltg
109
57
115% 1153/4
RR—
92 ya
79 .M,
2.65s conv debentures
1965
&
94»/4
' 101%
96
2%s
&
94
*„
78%
Westinghouse El & Mfg 2%s——1951
Ref
93% 101%
Apr
.1971
Washington Terminal 2%s
'
Texas
33
93%
Apr,
mtge inc 4%s series B—Jan 1991
—
Texas
100
109
103
93%
I
Warren Rr 1st ref gtd gold 3%s__2000
IO41/4'
97
J-J
112 %
99%
*103
Apr
gold
30-year 5s
2019
183
106 y2
55
-Gen mtge 4s inc series A—Jan 1981/
25-year
Terminal RR Assn of St Louis—'
Ref & imp M 4s series
C
101%
—
*99% 101
J-J
99%
94%
106 Via 107%
Af-S
105%
97 %
*101%
106 Ve
105 y«
105%
—
97 y4
A-O
5%s
113%'
102%
:i
94%*
'100
-
G & W 2%s debs_1966
Walworth Co conv debentures 3%s_lS76
Ward Baking Co—
1 '
120
91%
963/4
j-j
A-O
Walker
94%
110
54
j-j
M-N
-
1st mtge 3 Vis -series B
84%
102'/a 102 %
;
• * -
1963
V*
97
105
106
*105%
Af-S
Af-S
.
j Wabash RR Co—
t
89%
'
*51%
*105
Af-N
W
80
103%'-"
'•
99
95
■
103 »/4
93%
1
—
Af-N
deb 23/8s———1971
Sunray Oil Corp 2%s debs
—1966
Swift & Co 2%s debs—
1972
2%s debentures
1973
■
- 103
'
Apr
J)
87%
100-102
2
108 %
;4 Af-N -
/F-A
,
—_1957
1st lien & ref M 3%s ser C
84% '"95%
•
*106"
103
f 4s series B
s
1955
99 y8
-
,
5
'
110% noy2
.
series A
Gen
\
97 y2
108
,
j-j
,
96%
90
96%
g 4s
cons
92% 104
58
110'/a 110%
97%
78%
96
90%
84%'"
•; *93 Ve
110%
A-O
1956
77
97
Virginian Ry.3s series B
102 y2
95%
87
,75
81
77
78%
Va & Southwest 1st-gtd 5s_———2003
1st cons 5s
1958
;
,
-loir
81'
35
«r-s
Va Iron Coal & Coke 1st gold 5s__1949
96
i
-
80
—1959
3 %s conv debentures
124
91%
'
j-j
_1994
—1956
101
97%
78%
Cons
76
94%
90 -"91
93%
3
'
76
92%
;
90 Vi
~5
A-O
Virginia Electric & Power Co—
1st & ref mtge 2%s series E
1975
1st & ref mtge 3s series F„—„1978
56%
98%
1
100% 102
94%
'.•j-v-d-
,1996
5s
102
,
94
Vandalia RR
1013A
91%
15
-
102%
28y«
97%
33
-1956
(Standard Oil (N
..
50
93%
ASpokane Internat 1st gold 4Vis__2013
Standard Oil of Calif 23As debs
1966
;
1
94%
96 \
6'%s series A—
3 Vis
99 %
96
1986
series A_—;
6s
gen
V
99 Vi
92%
Af-N
94
—1967
debentures
.
96
A-1975"
ser
gen
Devel
96%
93%
Af-N
94
V
97
122
.Af-s
99
74%
j-j
...
High
99
*93
102%
92%
f-a
-1981
Low
A-O
127%
92%
30
*73'
No.
Af-N
Universal Pictures 3%s debs
*
•27
a-o
..1977
103
98%
94 y2
98%
Range Since
January 1
Sold
High
1966
2%s
6i y2
93%
j-j
Bonds
Bid & Asked
1976
93'
9
95%
v
4
93%
Range
Friday's
or
Sale Price
U S Rubber 2%s debs
119
69%
95 Vi
j-j
1969
—1
nitg 3%s
Pacific RR Co—1st mtge 2%s series
E———
1st mtge.2%5 series f:
1st mtge 2% s series G
'.
100...
127
1994
-Southern
( Southern
89 y«
30
j-d
1979
—
_
10
_1987
1st 4Vis
(Oregon Lines)
Gold 4 Vis
4Vis
80%
*93%
95%
f-a
1985
San Ft Term 1st
67%
Week's
Last
Period
New York Stock Exchange
Low
109
-
a-o
-1963
debentures
Gold
17
100% 101
j-d
1965
.
Interest
bonds
'
United Biscuit 23/4s debs
__
100 %
j-j
10
High
98Vi
"
*127
j-j
1976
2%s debentures
Southern Indiana Ry 23As
(Southern Pacific Co—
,
Low
7
85
*101%
M-N
tr 7s—1941
South & Nor Ala RR
gtd 5s
? Southern Bell
Tel As Tel Co—
3s debentures
;
:
23/4s
85
1996
t§ASilesian-Amer Oorp coll
Bkelly Oil 2%s debs
Booony-Vacuum Oil 2Vis
•
No.
100 % 101
a-o
Gen mtge 4 Vis series A—_Jan 2016
Seagram (Jos El & Sons 2%s
1966
Shell Union Oil 2Vis debs
1971
1
High
j-d
a
4
85
J-J
•
DECEMBER
Range Since
January 1
Sold
103% 103%
1989
1st mtge 4s series A__
"
Bonds
Louis-Southwesterji Ry—
1st
2d
/
ENDED
Friday
Friday's
Bid A Asked
Low
St
-
WEEK
Week's Range
sale
the
INegotiability
year's
the Bankruptcy
Act,
or
n
included
as
by
94
A Bonds
the
year's
yEx-coupon.
d Ex-Interest,
range,
maturity
,.
.
'
- •
.
In
e
Odd-lot
the year's range,
r
94
sale not
Cash sale
....
-
.
■
being in bankruptcy, receivership, ot reorganized under Section 77 of
by such companies.
securities assumed
•Friday's bid and asked prices;
102%
in
Under-the-rule sale not Included
range.,
impaired
tCompanies reported
101
not
year's range,
in
92%
93%
no
selling flat.
sales being transacted during current week.
•'
"
'
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash and deferred
delivery sales
In
footnote
a
in
In the
the
week
in
which
they
are
No
occur.
AND
YEARLY
disregarded in the week's
account
is
taken
of
range unless they are the
such sales in computing the
RECORD
only transactions of the week, and when selling outside the regular weekly range ere shown
range for the year.
following extensive list we furnish a complete record of the transactions on the New York
Curb Exchange for the week beginning on Saturday,
ending the current Friday, Dec. 10.
It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security,
or bond, in which
any dealings have occurred during the current year.
:
Dec. 4, and
whether stock
.
RANGE FOR
Friday
STOCKS—
New York Curb
.
Sale Price
Par
ACF-Brill
Acme
Motors
Acme
Wire
Adam
Hat
Co
1
common
Stores
;
Inc
Mfg
Air
Associates
Air
Investors
',.
(N
common
Great
4.20 rU
Airlines
&
Fisher
Altes
Brewing Co
$3.75
Corp
common
cumulative
American
American
; American
American
Class
Ltd
Book
Cities
Gas
&
43/4 %
class A
common
Power
&
American
•
Co
Hoe
&
1
4%
com—_2
6%
100
5 3/4
Nov
9%
Apr
American
-33/4 May
6
3/a
6 3/4
1,400
95
95
20
913A
91%
25
3%
4%
15,200
2%
Jan
47/b May
4%
4%
100
4%
Dec
7
May
American
2%
Nov
4
Oct
American
23/a
4 %
-
page 37.
preferred
Mfg Co common
American
Maracaibo
Va May
American
Metal
79
Feb
105
Oct
American
Meter
87
Jan
94
Sep
American
Potash
>
Class
Co
X173;
—
5%
19
49%
94%
49
50%
Nov
Nov
' 7%
Apr
Nov
22
Jan
Dec
69
Jun
American
94%
94%-
200
89 V*
27
100
22
Mar
36
22%
,
Aug
27
48
7%
46 Va
00 CJ" >.00
3,700
13/8
1%
1%
3,100
1%
1 %
500
69%
65%
69%
50
Nov
43 %
Jan
Dec
21%
Jun
32%
Jan
24
Dec
15%
Feb
22
Oct
30'A July
14
Dec
5,800
33
Nov
18
Jun
Jun
200
4%
17,700
3
Feb
7
1V/A
100
11
Dec
13
38
4
14%
Apr
Mar
51
Jan
100
x22
Nov
36
Jan
x21%
Nov
36 Ve
1,100
U
9,100
2
5Va
Jun
Angerman Co Inc common
1
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
£1
Angostura-Wupperman
—-1
Apex-Elec Manufacturing Co
1
Appalachian Elec Pwr 4%% pfd—100
Argus Inc
;
1
Nov
Dec
5V8 Mar
17%
800
16% Mar
107
3,400
9,300
3 Ve
Jan
1 Va
825
Writing Paper common
23%
56
65 %
31
■
24
24%
13
Dec
7,900
-
11 Va
223A
Nov
600
•
>
.
2 Va
Aug
2%
Jan
90
Jan
Feb
7%
Jun
197/a May
413/e Nov
Arkansas Natural Gas common—,
Common class A non-voting
-
1093/4110
18%
x23 Va
Mar
6 3A
109%
Jan
40
14%
600
25
183/g
22%
Anchor Post Products
6%
■
.24
24 V2
Dec
17 Va
37%
3 Vb May
Feb
Dec
28
3
%
■%
47/a
5'A
"4"%
Jan
27% May
18% Mar
Dec
3
Oct
5%
Jun
l3/8 May
% Mar
Oct
42 Va
Feb
72
43/4
Apr
5
Jan
5
Nov
9
Jan
'
"5
400
5'A
1,100
5%
5%
600
5%
Dec
8%
Jan
8Va
8%
100
53/8
Feb
8%
Sep
14%.
225
13 Va
Sep
19'A
2%
Oct
8%
Feb
5
May
6%
36%
200
10
2
10c
*
fl
5
98
17%
373/8
15
24
27
1%
"
200
*
B
Republics
Seal-Kap common
Amer Superpower Corp common
$6
scries
preferred—
American Thread 6% preferred
49 V*
7,350
2%
14%
class A
5v2
100
30
*
Co
& Chem
15%
550
5%
1%
400
2'/4
28'A
Jun
8
Apr
*
100
common
12 V2
5
com——._10
Trac
38
5%
1
1
Oct
&
Feb
36
1
/
see
:
Products new
6%
Light—
preferred
Fdr footnotes
24 %
18 Vi
Light
High
LOW
High
34%
20
25
25
——25
Laundry
American
Range Since January 1
Shares
14%
Mach—
American
~6%
23/a
—
25
Aug
6%
10c
1
1
for Week
Range
of Prices
Low
Co
Rubber
Jun
.1
common—
Electric
Hard
63/4
100
—
Fork
American
3 Va Mar
—*
Co_.
B
American
$2.50
Apr
143/4
*
common
Beverage
Oct
7 %
Aug
*
common
Car
Nov
preferred
convertible preferred
Nov
100
Mfg
Bantam
36
4
Dec
convertible
6 3/4
1
Aluminum
VA
$2
l3/4
common—*
preferred
Goods
Industries
2
4
•
America
Aluminum
700
American General Corp common
91/4
1
—
common
Aluminum
1%
~5
3% May
5% Mar
700
1
(Mich)
of
Jan
~4'A
Nov
1,700
1
Products
Co
Nov
f
_93 4
50
Inc
Allied
Bros
2Va
Sale Price
Par
~9%
100
common
Investing
Aluminum
1%
3
pfd
Internat
Altofer
1,500
10
Southern—
Power
Allied
3
2
preferred
Electric Appliance
Alabama
Alaska
2 3/4
High
1
J)
Alabama
A lies
1,400
1
i_*
Convertible
Air-Way
Low
„
1 Va
-•
Sales
Week's
Last
4
New York Curb Exchange
5
Stores
common
Inc
"4 Va
1
Supply Mfg
Agnew Surpass Shoe
Friday
High
•
•
10
STOCKS—
Range Since January 1
10
1
Aero
Ainsworth
Shares
31V2
—
DECEMBER
for Week
1
Alloys
ENDED
Sales
Range
of Prices
Low
warrants
Aluminum
Week's
Last
Exchange
WEEK
Sep
113% May
J
14'A
-r
8Va
14'a
2%
3%
900
8%
10 3/s
1,800
30
102% 102%
•
98 VA
3%
4
4,100
3%
6Vs
6
6'a
4,100
43/4
Feb
•
6%
5% '•
1ft
103/i
6% May
Dec
•
Apr
108% May
Jan
3%
Jun
Jan
4
12%
8% May
*
6 3/a
24,500
4%
Feb
"
xlO%
10%
700
10% May
8% May
11
Nov
,
i£
COMMERCIAL
THE
(2458)
34
&
EXCHANGE
CURB
YORK
NEW
Monday, December 13, 1948
CHRONICLE
FINANCIAL
RANGE FOR WEEK ENDED DECEMBER 10
.
Friday
Range
Sale Priee
Mv-TNfc Cwb Exehang*
Com
8%
8V»
8%
2,000
16%
17%.
7,300
5%
6%-
Peb
112
20
8'/a
1,700
Dec
23
Colonial Sand ft Stone Co
57/a
8%
Dec
Jan
Commodore
%
%
800
%
Dec
1%
Jan
Community Public
21 %
1,025
6%
Feb
21%
Dec
-3,000
2% Mar
4%
Apr
300
48% Nov
64ya
Jutt
Consol G E L P Bait common..——'
29,300
3% Feb
20% Dec
21%
20%,
22
4
~7%
Avery (B P) ft Sons common
6% preferred
Ayrshire Collieries Corp com.—
2,800
4%
7%
500
7%
500
10%
10
900
32
Dec
4
6%
6%
9%
Feb
Dec
10
16%
17
26
15%, Feb
600
27
Apr'
•
....
,7% preferred
July
Jun.
100
34
Jan
66%
Nov
14
900
8%
8
10%
,
,,
11
Jan
9%
common
5%
35%
1%
100
36%f
700
7
Dec
17
Dec
3%
35% Nov
8%.
9%
39
28
425
MayJan
Apr
Oct
26%
630
13%
14
60
97
9%
500
9%
1
12
105% 107
3%
Va
"
3
3%.-
18,800
6%
6%
6%
800
28
Hi
28
200
23
Dec
70
60
67
Dec
17%
18 %
410
16% Nov
30
ft" PowerZZZZ*
7%;
7%
100
TV* Dec
11
Jan
i
13 % Mar
15%
15 ya
15%
1,400
5%
5%
6%
2,300
"•
24
24
50
'
Co.ZZZ"
22
(ord reg)—£1
———-8
...
—— 1
•
Crosley Motors Inc—
Crowley Mllner ft Co
Crown Cent Petrol (Md)
Crown Cork Internat'l "A" partic
1
5
•
19%
19% May
11%-Mar
24
Dec
14% Jun
18
July
22%
July
Oct
13%
Jan
8% Oct
12%
Feb
8%
ZZZZZri
~eP rcts ord reg__
•
common—
Lighting Inc common.
Curtis Mfg Co (Mo)
10%
10%
10%
100
Davenport Hosiery Mills
2.50
1%
^
_
22
•
DistillersZZZZZZ"""
i
2
22
2%
3
10%.
11%
4%
4%
X5%
1,300
1,900
8%
8%
300
4
4
100
.
ZZZUfso
"7" ■ «
(
11%
Inc
Davidson-Brothers
Day Mines Inc
6,300
37% Feb
'7/a
6,900
3/4 NOV
1%
7% ^
7%
2,500"
Feb
10%
5%
5%
300
5%
6%
1,100
7%
~5%
14
16%
Jun
400
13% Mar
2%
900
2%. Nov
3%-May
1%
300
1% Nov
3
30
50
26
4;300
40
100% Mar
6%
7
150
6%-
6%
150
35
Apr
16% Mar
102
17%
177/a
102
~6%
9
13-
,
13
.
Jan
llVaMay
4% Mar-
8
Nov
32
Jan;
17% Oct
Dec
13
25
Jun;
203A May
104 Vi
6% Sep
300
Sep
Apr
Jan
37%
27% May
57/a July
12
May
Dec
32
Jun
5% ;Oct;
Dec
Dayton Rubber Co. class A
5%
Dec
OV2 Aug
300
23A
Sep
3% Nov
353/a Aug
Oct
30
35
50c
8
Dejay Stores common.,
:
Dennlson Mfg class A common..
8% July
5% Mar
10%
10
10%
1,500
9% Aug
130
100
12%
Sep-
Nov
140
19
Oct
Jan
Apr
8
15%
14%
;5%
3,800
14% NOV
Mar
11%
Detroit Gray Iron Foundry—
-1
~2%
"2%
"2%
2% May
4%
Oct
Det.roH
I*
24%
23 JA
24%
1,900
1,500
Jun
Jun
Derby Oil Co new com—
uotMlr
On
—
9
ttiauaia(iliUlUia«
Prodii"*®
su-ftpl
TVs
.BOo
Diana Stores Corp common
_7%
800
18%
Feb
28 3/4
11
_•
Dec
14
7% Jun
5% Feb
Distillers Co Ltd—
Amer dep rcts ord reg
Dobeckmun Co common
—£1
1
—
Domestic Credit Corp class
Dominion Bridge" Co Ltd
Ai
113/4
Sep
15
7%
8
600
7%
Oct
12% Jan
2V*
2%
2,000
2%
Nov
Xl3%
14%
1,100
~77/a
—1
•
IZ28
1,900
lu7/a Mar
12 'a
May
1,900
16
Mar
24%
Jun
Dominion Textile Co Ltd common- zzz*
100
12
Dec
17%
Jun
Draper
%
%
14,900
1%
1%
2,500
1 % May
3%
May
Jun
Jun
21% Mar
...
Dominion Steel ft Coal class B
11%
,% Oct
Feb
200
2%
Sep
Dec
Feo
Sep
34
34
34
5%
12%
29
11%
16%$4ay
Feb
«
Dominion Tar ft Chem Co Ltd—.
lO'/a
"9%
n3/a May
1% Nov
3%
Sep
Apr
550
61%
Dec
791/4 May.
31
100
30%
Dec
40
Jun
75
75
72% Nov
83
May
8
Jan
Duke- Power Co
Duraloy (The) Co—
Durham' Hosiery class B common..
Duro Test Corp common.
62%
30%
Feb
Jan
13%
100
61%
31
75
ZZ10
10%
61%
Corp
Driver Harris Co..
10% July
-ZZZZZIZ-falS
Feb
15%
30
17%
Jun-
97/a May
5% Mar
5ya
2%
20%
7XTZ
6%
Jun
5%
11
~~ZZ1ZI~Z
Burry Biscuit Corp....:"
Butter (PH) common
3
47/a Sep
4
Jan
53% Jun
1
12
,
_
23 ya
Apr
7
4%
Oct
42%
10c
common.
:
20%
Bunker Hill ft
Sulllvan.._7-ZZ_"Z~r"if 50
Burd Piston Ring Co
Burma Corp Amer
dep rcts
27/a
Jan
20 V2
__
Buckeye Pipe Line..
Sep
l7/a
10
500
10%
Junior pfd
Brown Rubber Co
common
Bruce (E L) Co
common
1%
20
2,200
1,100
22%
2%
Jun
56 % May
D
Devoe ft Raynolds class B.
A~ Z Z
9%
Dec
•
2.50
•
Curtis
AJCUvk
«i
British Celanese Ltd—
5
100
preferred—
Cuban Tobacco
4%. Feb
45
Apr
6
May
15% May
.
% '
Aug
15% Mar
100
100
3
40%
41%
25c
common——•
preferred—,—.—
10
8% debenture
19%
3,800
Jan
Jun
Nov
9% Jan
14% Apr
"""•
"""""
British American Tobacco—
Amer dep rets ord
bearer
Brack Mills Ltd class B
80%
m
_
Amer dep rcts ord
reg__
British ®°^imbia Power
class
Class B__
Brown Forman
50
Feb
5%
•
6%;
'
113/4
Jan
13 Va
500.
46%
46
3%
Jan
Jan
'
May
7%
«
8% Nov
2,800
15%
6%
6%
% May
500
*
23/i
17% May
% May
10% May
25%
17%
on
...
Feb
68
__ioo
.
2%
6% Nov
Jan
27/8 Jan
Feb
500
8%
35
9% May
40
8%
Apr
14% Aug/
4% May
15% Oct
Dec
1% Nov
1%
6% Mar
Feb
1,030
Crystal Oil Refining
6% Nov
Dec
2,600
Crown Drug Co common—;
18
1 Va
1,800
7
-Iff'
Sep
Sep
13Va Sep
Aug
112% NOV
5% July
11%
1,100
"2%
—5c
1
50
49
Feb
11 %,
7
—
Jun
U% Aug.
-
2% Mar
"2%
Jan
550
3%
6%
72%
10%
28 V*
300
11
Jan
"2%
—
preferred--,
,Jan
114% May'
28
1%
14
107/a
500
11%
8%
500
4%-
Croft Brewing Co
$6
70
Jun
107
31
—..-1
*
'5%
NOV
z21%.Feb
2,600
Z 3%
8%
Creole Petroleum—.
1
Oct
8%
107
400
21% '21%
9%
Jan
7%
7%
g
58 Va
"200
Nov
11%
coml*
ZIII Ii
!•
Blue Rldge~ Corp common
Blumenthal (S) ft Co common
Bohack (H C) Co common;
5%4fr prior cum pfd
Borne, Scrymser Co
Bourjois Inc
13%
May
30
Sep
95% Nov
2,000'
109
t
1%
*
Cuban Atlantic Sugar common—
i
61
,
96
2%
77/a
Oct
Oct
5%
6% Feb
American dep receipts
'
Feb
7%
39
25 % Mar
300
19
1,800
26%
^
,
Breeze Corp common
Bridgeport Gas Light Co
Bridgeport Oil Co
Brillo Mfg Co common
Nov
3%* Feb
X7%
31
9
i
"*
,
Blckford's Inc common
Blrdsboro Steel Fdry ft Mach Co
Blauner's common.
Brazilian Traction Light
Nov
5
2,000
Nov
4
5 % convertible
Courtaulds Ltd—
Aug
7% May
15% May
9j/2
1%
100
10
1%
35%
25
...
•.
9%
1%
...
Oil
5% Jan
10
5%
i
ZZZZIZZZZl
Convertible preferred
300
___i
common..
Shoe Corp.
1%*,1%
18
Feb
15
"5%
i
33/4
13%
Co
Cosden Petroleum common.
Jan
7% Jun
4% Mar
7,500
5
___
common
5%
1,500
Reynolds common..—— 1
'
5%
3%
108
97
Sep
Jan
Feb
1
1
Continental Car-Ns-Var Corp.—
Corroon ft
29%
106%
Copper Range Co..
Cornucopia Gold Mines.——
66% Sep
36
8
i
Bell Tel of Canada common,
Benrus Watch Co. Inc
Benson ft> Hedges common
'
cum
Feb
1,600
—•
Ltd—..6
Oil——-—-10
«1
Bariow ft Seelig Mfg—
$1.20 convertible A common
Basic Refractories Inc.
4%
35%
45
7,700
58%
'59%
Liquidating Corp...,—
Consolidated Mining ft smelt
Cooper Brewing Co common
1,400
55
l
American shares..
Barium steel Corp
British-American
——rl
Gas
Continental Fdy ft Machine
Cook Paint ft Varnish Co
54V*
tfl
„
Baldwin Rubber Co common
Banco de los Andes—
Class A
54%
Utilities
Consol
Consolidated Royalty
B
Babeock ft Wilco* Co
Baldwin Locomotive—
100
100
Consolidated
167/a July
24% Feb
16%
preferred series C—
4%
May
Apr
4%
X7%"
-
—*
series B preferred—
4 Va %
7%
*
5
7% May
9 Va May
Dec
27%
50
3%
Nov
3%
33%
3%
Service—
41/a
3%
5
4-
33%
High
5,700
1,700
'
33
4
*0
Raaxe Sinew January 1
Low
6%
4%
Compo Shoe Machinery—
Vtc ext to 1956
3%
~5
warrants
Bellanca Aircraft-
5%
3%
-_l
Hotel Inc
19%
21
...
Atlas Plywood Corp
Automatic Steel Products Inc
Automatic Voting, Machine.______
Beck-(AS)
6%
4%
Colt's Manufacturing Co.—
Atlantic Coast Line Co
(L) ft Co
Beau-Brummel Ties
—
Shares
High
Low
-1
warrant*——
Colorado Fuel ft Iron
Jun
lor Week
-l
Airlines..—.———
Colonial
48%
Atlantic Coast Fisheries.
Baumann
Orb Exchange
Far
115% Aug
14
Jun
12% Feb
Week's
Range
of Prices
Sale Priee
High
Lot0
17%
Associated Tel ft Tel class A......
Corp
Range Sine* January 1
IUgh
113'A 114 VSs
..
A*serlcaa dep rets reg
Assc.*ifcted Laundries of America-.
Atlas
Shares
Now lark
Friday
Last
STOCKS—
for Week
efPriess
Par
Arkansas Power ft Light $7 pfd~
Aro Equipment Corp
.9.60
—
1
Ashland Oil -ft Refining Co
Associated Electric Industries—
Bales1
Week's
Last
STOCKS—
Dunlop Rubber Co Ltd—
Abler dep rcts ord reg...
rohiL*!?®™6 Broducta
Wireless—!
common____B0c
Cables ft
__£i
Calamba Sugar Estate.....
Calif Cotton Mills Co
—..7
California Electric Power
Callite Tungsten
Corp
Camden Fire Insurance
Canada. Bread Co Ltd__.
Canada Cement Co Ltd
4
4
2
}
2
.
"
«
ZZZ'
II
TV*
"2%
l
-
1
—
•
mi
Class A voting
.
*
preferred..,
Canadian Marconi
Capital Citv Products
inn.
ZZZZ
fc_Z~ZZ~Z~
New common
Carey Baxter
Carman ft Co
Carnation Co
ft
~~
A
'
ord-,
5,200
100
20 %
8%
2%
1%
145
July
2% July
Feb
Mar
57
Jun
Nov
20%
Nov
Sep'
10
Apr
6
Jan
8%
8%
100
2%
1,500
41%
42%
270
41%
Dec
109% 110%
125
108 Va
Jan
110%
Jun
5,300
2%
Dec
6%
Jan
*
•
109%
2%
2%
3%
en!
i
IIIZZ"
"5%
1
100
74%
"74% x75%
10%*
57
103/4
7
3%
7%
3%
~3%
8% Feb
5% Sep
54
6
.10
Jun
Sep
21
Sep
217/a May
July
14% May
5 %. Apr
De<(
May
$2 div
cum
13
Jan
«iah
14%
Dec
25%
Jan
57
58
400
54
Apr
70
Jan
17
325
15% Aug
Ford MOtor of
18
Jan
Amer dep rcts bearers
Fort Pitt Brewing Co._
ey8
6%
1,400
1%
1,500
45s/a
800
5Va
8%
Jan
sya
Jan
39,700
13
900
11% Mar
9%
10%
200
15 y8
15%
50
7% May
7% May
% Feb
31% Feb
44ya
43
13
13
•
l7/a
9%
14
141/4 May
Feb
Feb
23/4
2%
23/4
2,100
1%
1%
1%
2
5,200
1%
Feb
...4
9%
9
9%
700
35 V*
2,000
33%
33 Va
—
__
'
™
24
Jan
5% Nov
7% Feb
"
4%
7% Mar
4y«
~4%
3,400
3%
Feb
Jun
11
25
57
Feb
57
50
51
Nov
12%
12%
100
10% July
59
62
600
50
11%
12%
600^
10%
10%
136
20,500
200
6
800
10%
200
4%
4%
14,900
98%
98%
10%
—1
1
11%
139
4%
6%
6%
11%
"i%
20
500
7
11%
200
83
58
Nov
300
62 %
57
61%
7
Mar
2% Mar
Feb
8% Feb
9%
126
Feb
10
88
May?
81 Vi May*
14
Aug"
63%
Oct
-14% May*
16% Junf
150 V*
Feb
■7
Sep
Jan^
4% May'
.
Feb'
3%
May
May
Oct
July?
14% May>
2% Mar
4%
Dec
Jan
6%
11
98 V2
Dec
Dec
8%
Jan
Feb
92
15%
Oct:
"«%
1%
-
1%
3;5t)0
1%
Feb
34%
34%
25
33%
Nov
4*fe
4%
1,000
4%
NOV
8% May
%
77,700
%
Dec
3%
%
%
•
20 %- Sep
15%
14%
4
4
10%
57.
^
2%
31%
15%'
4
.9%
31%
%
-
10%
58 '
1,100-
9% Jah
8,200
3%
4,500
91/4 Nov
Jan
90
46
Jan
100
2
Jan
31%
25
30
Nov
4%
2,500
213/4
300
2%-
14%- Dec
4/,.
3% Aug'
2% July
45%
Jun
Jan
30j/4 May
29
July
5% May
15%
61%
Apr
Oct
38%
Apr
18
Apr
5% May
Ford Mbtor of Canada*—
Fox (Peter)
4%%
%:
conv
23 V*
Oct
35
Aug
IP
9 3A
7/a
3,500
3/4 Nov
2
Jan
10
900
10%
8%
8%
450
7%'- Feb
7% Nov
19
73A
.•73/4.
8%
600
6% Sep
9
Nov
24 */z
24 V*
24 y2
1'
.1.25
common.
preferred
8
Co
9
8%
2
13
12 V*
9
Sep
100
24
Dec
32
Jun,
1,400
8
Nov
12 Vi
Jah
15%
Jun
Jun
4
10%
51
7%
Jun
Jan
July
Jan
15
July
8
July
Garrett Corp common.^.
Gatlneau Power Co
5%
f
Jan
1
...50
—
Brewing—
(Geo A)
Jan
Jan
France—
Franklin Simon ft Co Ino
Fuller
21%
16%
18%
Class A non-voting.
Glass B voting
4% Jun
*
,
3% May
Apr
19
Feb
—1
.
Jun
66%
'
—
Jun~
88% July
65% Mar
49
dep rcts ord reg—
10% July
6
Jan
5% May
Feb
76
325
Flshman (M H) Co—
5c to $1 Stores.
Ford. Motor Go Ltd—
Amer
3%
300
•
~2%
5%
preferred—
100
lVa
161/2
Dec
62%
First York Corp common.
5
Clayton ft Lambert Mfg
Jun
86%
3% Feb
5%
12 %
1,500
74
Fire Association: (Phila).
217/a
375
™
—I
Palrchlld Camera ft Instrument-..
11
—I
page 37.
Jun
ll7/a Oct
Feb
300
1%
400
79
X71
*
Fair child Engine ft Airplane.
5%
' —5
1
——
15
16%
IV* Nov
14
900
"4%
X76%
1
Empire District Electric 6% pfd
100
Empire Millwork Corp
......
—.1
Emaco Derrick ft Equipment—,—8
Equity Corp common..—.——_10c
$3 convertible preferred—
1
Esquire Inc.
1
Eureka Corp Ltd—
.1
Eureka Pipe Line common
—10
141%
17
^
Fansteel Metallurgical—
Clarostat Mfg Co__Z__ZZZZZZZZZZI
—1
Claude Neon Inc common
'
see
Option warrants.;Electrographic Corp common..
Electromaster Inc
84
July
4%
4%
X'H
x7l%
Electric Power ft Light $7 2d pfd A—«
57
_1
Clinchfield Coal Corp common..... —20
Club Aluminum Products Co
*
Cockshutt Plow Co common.
Coloa Development ordlnarvZZ
Electric Bond ft Share common
90
7
4
..10
Jan
38% May
8% Jan
$5 pfd shares'of beneficial int
Easy Washing Machine class B
19% May
6
_
Jan
Jan
Com 'shares of beneficial int
Apr
60
Oct
NOV
_2%
Oct
125
6%
11% July
3% Nov
28
—
Nov
100
4%
13%
4
$7 preferred series A.—.—.—*
(6 preferred series B—
*
Eastern Sugar. Associates—
11
Air Mno«
ZZZ.
Dec
SepSep
•
——106
tna.
15 VB
200
7
1.1
common.
prior preferred.—.
14%
.10
.ZZZZZ
1%
7%
7%
Jan
10
—5
,
%%
6% prefawmf .
Eastern Malleable Iron——
Eastern States Corp.—
73%
26,900"
7%
61
7
7
—1
J
4
50
M
common...
10
4% Nov
'
7ya
—
Chamberlin Co of America
ZZZ._" 2.50
Charts Corp
common...._ZT.ZZZZZ —10
Clark Controller Co
4ya
31
East Gas ft Fuel Assn
200
15%
10%
57
100'
commonj
200
1,700
200
12%
82%
preferred!...
* 100
Conv pfd opt div
ser__._ZZZZ-.ZZ 100
Conv pfd opt div ser 1920.
5'
15%
100
7%
500
43/8
^5
..1
_
Chesebrough Mfg common
Chicago Rivet ft Mach.
53
Sep
1% Sep
4% Aug
1
4%
Z~~
5%
4 Va-
10
-I___..i-
common
Dec
10
...
For footnotes
Oct
2%
2%
Central Power ft
Light 4% pfdZ."Z 100
Central ft South West
Corp
—5
{Central States Elec 6%
preferred""
City Auto Stamping...
Citv ft-Suburban Homes
1%
«
Voting trust ctfs
Chief Consolidated
Mining
Cities Service commnn
12%
20%
gsw
Central Maine Power Co—
3.50% preferred,
Central Ohio Steel Products
Chicago ft Southern
12>% May
1%
_
Catalin Corp of America...
Cherry-Burrell
Aug
May
17% Aug
Feb
35
"~i
——1
dep rcts B ord
Carter (J W) Co common
Cessna Aircraft Co-
Oct
25
Feb
20%
"""
i
7"7io
Amer
Century Electric Co
20
,18
'
*
$5~pfd~Z
Casco Products common
Castle (A M) ft Co
1%
....
Carr-Consolidated Biscuit Co...
Carreras Ltd—
Amer dep rcts
Feb
139% Jun
i
common___Z
Carolina Power ft Light
FteO-
.
Kennedy lnc
..
3%
9»
——
Canadian Industries Ltd—
7%
4% May
20
Ap*
8
— —
«
300
2%
Texas Sulphur.
,
Apr
•Xl4%Mar
~
Class B non-votlng.ZZZZZ
Feb
ley*
'
,
■
Jan
22% May
if
™
Nov
3%
12 3/4
«o
6%
"2%
Jun
2
■
6%
"2%
•
8% Aug
8% May
18
1,500
-
_.
6%
—1
Jan
8%
Nov
6% Mar
—
common
2%
Feb
73/a
"'1,300
23%
Oct
6%
-u.
s
Convertible preferred...
Canadian Industrial Alcohol—
11%
1%
■
imm.
.
_
3% Feb
300
amfmm
—«
Z~~
•
common_ZZIZ~*
6%% preference
Canadian Canners Ltd
400
Duval
American dep rcts 5%
pfd..
„_£1
....
common.
preferred
Gellman Mfg Co common
General Alloys Co
—
13 Va
1,600
9
Feb
13%
Nov
17% July
84
*
100
Feb
6
Nov
92% July
10 Va Apr
1%
Dec
3Va May
"
—1
*
6
1%
*
6%
200
1%
1%
1,100
Volume
168
Number 4759
THE
COMMERCIAL
YORK
NEW
RANGE
Week's
Friday
Last
STOCKS—
New
York
Curb
Exchange
General Builders Supply
5ft conv preferred
Low
CURB
WEEK
Bang* Sines Jaanary 1
High
Low
.
New
2,300
3%
Nov
5%
22%
125
22 %
Dec
27%'
Oct
9ya May
1,300
5%
Nov
8
Jan
Lake
7%
NOV
9
Apr
Feb
40
Nov
Lakey Foundry ft Machine
Lamson Corp of Delaware—
10
b
35
35
*
100
27
96%
Gilbert (A C)
1
x9
Mar
100
Apr
Mar
117
Jan
Le
Jun
110%
Feb
Line Material
3,400
3%
3%
3%
3%
1,600
Co
19%
20
—2.50
Gobel
Ine___
(Adolf) Inc
23%
24%
21'
2L
22
10%
10%
-
10V4
•
Sep
Lionel
Llpton (Thos J)
Feb
12-
Jan
Apr
35
21%
Feb
35% Oct
18%
Jan
25%
Aug
Dec
2l7/8
Jan
Locke Steel
2%
13%
♦
10
Gulf
50%
Jan
7,600
6%
100
-
64%
10%
300
13%
10%
"9%
2,900
8¥a
6%
*'
111
100
6%
■
200
9%<
1,900
112%
22%--Feb
.
37
91'
%
Nov
Nov
5%
Sep
-
Jan
%May
57% May
65%
18%
V
36
Mar
35Ql
91
14 ¥4
37 i
rcu
Wamiiton
Bridge
Co
99%
Lynch Corp
Apr
99%
5%
36
Dec
110
44¥2
9%
May
97
•
-Id
Nov
Nov
105
Sep
Apr
13%
Nov
Power
Sep
9% May
McClanahan OH Co
100
53/j
Feb
8%
McCord
7V8
Oct
Corp
4% July
Mead
5¥a
5¥a
5%
300-
5
Nov
7 ¥2 May
Menasco
8%
8%
8%
700
67/e
Feb
9% Aug
Merritt
ft
12
1,200
6%
•7%
1,300
11%
7<-
11%
12%
1,200
NoV
10
8.%'
3%
10%
10%
200
10%
10%
700.
100
94%
94%
95%
bO
73
73
40
68
100
"7%
1
43%
800
•
k
43V2
43%
9%
.
100
•
—5
—:
3%
15%
v
,r
,•
16%
44
8%
12
Sep
.
Apr
11%
Nov
10
»a%
A
preferred
Iron
Metal TSxtile
7%
31
21%
21%
21%
.72%
74
•
-
Michigan Steel Tube
Michigan Sugar Co common
6ft preferred
4 ¥»
May
Feb
32 ¥♦
Oct
15 %
23/a
2%
100-
;. 42 /
42
100
~3%
1
22 ¥2
.5
17%
~3¥a
3-¥a
'
1,000
221/2
23
175'
17.3/a
17¥a'
800
-
dep
Jan
|2
rets
jun
Midvale Co
24%
Jun
Mid-West
Jun
*
ft Ireland
4
..
16 ¥a
4% May
Nov
Midwest
Jun
3 ¥2
Sep
77/a
Jan
42 y2
Jan
Nor
Feb
Feb
•'
Co
3 ¥2 May
Jan
25
1,100
.
83/4
Dec
16%
Jan
4
.
100;
3%
Nov
16 %
16%
7,700
11V4 Mar
161/4
167/a
800
11% Mar
11 /
11%
1,000
9%
300
8
130
88
9%
9%
Jan
Oct
8¥s
17%
Feb
Oct
17 ¥2
Oct
12 %
July
13%
Jan
'
International
International
Cigar Machinery
Hydro-Electric—
•
Registered
•
shs__•
shares
Royaltv
Fireman
10%
200
"
July
92 %
Feb
10
Dec
Mar
96
110%
Oct
Feb
15
11
59
Oct
Sep
24
Apr
7,900
9 Vb Mar
14
9 ¥2 Mar
137/a
Wohl
Co
Dec
•.
100
12
¥2
2,600
li/4
1%
1¥2
2,700
1%
Feb
15 ¥2
500
15%
Dec
4 ¥4
700
3%
Nov
7 ¥2
Apr
l'ff
600
%
Dec
l¥a
4
%
&
6
1
Preference
Julian
4
1
Missouri Public Service common
Co
*
4.40 ft
•
cum
4.80 ft
cum
¥4
4
41/2
x5%
5
3,200
1,300
6 Vb
5 ¥4
5
-
Mar
9 % Mar
2% May
13 ¥a Nov
2
V4 May
20% May
400
3%
Nov
9%
Jan
4 ¥4
Feb
8 ¥4
Aug
19%
20
125
/•
4%
Feb
9%
Jun
4%
20
Sep
6%
Jun
Dec
25¥4
193/4
Jan
1
Kawneer
7ft
pfd
Co__.
!
Mountain States Power common
Mountain
Kldde
(Walter)
•
8 ¥2
10%
32,100
Nov
8
11% Mar
—
13
12
200
Dec
12
•
67/a
6 ¥8
6 7/8
175
6%
Nov
•
Ohio Mfg
Murray
preferred
10 ¥2
10%
10¥a
700
9
Jan
100
Kings County Lighting 7ft pfd B—100
5ft
preferred D
100
King Seeley Corp
1
Kingston Products
Klrby Petroleum
163/4
Muter
Company
National
Bellas
page
37.
common
44 ¥*- Apr
July
1,000
16 ¥2
2,600
1%
1,700
4 ¥4
4 ¥2
2,300
4
4 y®
200
155/s
P/4
1%
4%
9
30%
Aug
Dec
127/a Mar
Sep
83/4
15 ¥2
8 3/4
15 ¥2
25¥*
1
Jan
3% Mar
Jan'
Nov
——
103/4
6 ¥4 May
3% Feb
'
B0
Jan
43
July
7% Jun
Feb?
3%
Jun
111
Feb
108
5 ¥4
Jun
1
7
200
5%
7
5%< Feb
8% Jun
10 ¥2 May
300
7
Dec
1%
1¥4
l¥4
3,000
1
Nov
0¥a
6
6 ¥2
900
6
Dec
7¥a
7%
7%
800
6s/b
Sep
10
Feb
32¥«
Oct
53A Feb
•%
Apr
Dec
19
t c_I
~6¥4
"7
2 ¥2
May
95/b
Jan
Apr
6%
6
Oct
6 ¥»
lOMpJuly
13%
23
Oct
14¥a
Dec
6
14 ¥2
15
3,400
6 ¥4
15,000
1,700
18
5%
3¥b
100
19%
200
2%
2%
3,300
2
25%
7%
400
7
May
Apr
22% July
Jan
1
13 ¥4
2
¥2
-
7%
Feb
30 %
3,900
96
96
Mar
96
23 ¥2
Mar
•
104v
Jan
Dec
27
Jan
73/a
8Va
2,100
6% Mar
27/a
2%
Jun
5
»%May
May
10% Sep
38
Jan
5
50
9%
9
9%
:—•
Apr
5
Mar
7%
•
Apr
24 '
Feb
18
Jan
28
3 ¥» Aug
3¥s
19 ¥2
3
2,400
2% Feb
Fuel
1
83/4
Oct
6%
Jun
National Transit
common
1
•
2.50
10
—60o
86 ¥s
Dec
96%
Jun
150
96 3/4 Aug
103 ¥4
Jun
400
200
162
Aug
50
30
Nov
32 ¥2
33
2¥a
Feb
3% May
178% Jun
40 ¥2
Jun
3%
3 ¥2
3 5/8
2,900
33/8
Feb
4% May
13 ¥2
13 ¥2
133/i
900
12%
Feb
17%^ Apr
30 ¥2
31%
200
263/4
Jan
1033/4.1033/4
20
97¥2 Mar
115
50
23
Sep
27
50
25
July
26
26
'
26
26
34%
Nov
July
Aug
"9
~9
9
600
10%
33% May
13 ¥» Jan
93,4
Dec
103/4
93/4
Oct
14% May
Nov
11 ¥a Aug
Sep
15%
200
8
Mar
17
12 ¥a xl2%
300
11
200
Clock
Mexico
Jan
New
New
Park
Process
9 ¥4
Apr
45 %
Feb
62
Nov
N
Y
Dec
107%
N
Y
48%
Sep
N
19 ¥»
Oct
N
4 ¥»
May
20¥»
Jun
23/4
11
No\%
1,700
II
Dec
1
100
10%
Nov
14
113/4
11 ¥4
250
113/4
Dec
16
Apr
20 ¥a
20%
75
20 y4
Dec
24 ¥2
Jun
7»/2
700
6¥s
Feb
127/a
1,200
12%
Dec
^
Jan
Mar
93/4 May
17 ¥4
Jan
&
ft
Arizona
Mining
Auction
5
5%
•j-
*J
31/0
8,600
760
Co
Co
Co
Land
Co
common
common
10¥a
13,800
11 %
11 ¥2
200
11
123/a
12 ¥a
100
12
Oct
16
11 ¥a
3,200
10 ¥4
Nov
8%
2,800
107/a
8¥a
8¥a
7%
77/a
300
x8
3¥a
Power common
5ft 1st preferred
5ft
2d preferred
Class B optional warrants
Niagara Share Corp class B com
Nineteen
Hundred
Corp class B
Feb
11 ¥2
Feb
22 ¥a
Jun
Mar
3
Nov
2%
3%
31,000
2
Nov
14%
15'/4
600
81 ¥2
6
80
l7/a
4% May
3 ¥4 Jun
Anr
¥2
8¥a
1
1
1%
•
83
1%
17% Aug
Feb
7¥s
Oct
950
79 ¥2
Nov
96
May
3,200
ls/8
Nov
6
Jan
5
Nov
6 ¥2
1,300
2,200
85/a
2,500
1%
500
50
83
82
83/4
*
13%
Feb
2 ¥2
67%
5 ¥4
65
Jan
13%
81%
8 ¥4
100
12 ¥a
July
Jan
72% July
6
Feb
10% May
l3/8
Nov
59 ¥2
75
8%
2¥a
Feb
88
Dec
10 ¥2
Jun
July
Jan
28
28%
250
27
Feb
32
May
103/4
10 ¥4
300
10%
Dec
15
Feb
19
May
14 V4
7%
73/a
73/4
29,500
97%
963/4
973/4
150
97 ¥4
97%
65
l6ff
3,100
9 ¥4
200
16
9 ¥4
5
*
Niles-Bement-Pond
17 ¥a
10% May
4¥a
143/4
67
1
100
100
Jan
May
Dec
500
1
Niagara Hudson
16 ¥4 July
3 ¥a
Corp—
shares
12 ¥4
8%
20
25
Merchandise
37 ¥4
Dec
Nov
7% Mar
'7%
Jun
Feb
15
2
Shipbuilding
9%
~3¥a
1
Y
Founders
29¥a Mar
4% July
377/a Oct
31%
.
Jan
Nov
7
30%
10%
Y
Honduras
Nov
2 ¥2 Mar
33 ¥4
10
Rosario.—_——10
10
ft
4%
97/a
30%
4
———100
Watch
Jersey Zinc
12% May
5
•
class A
Mur Co
4%-#> convertible preferred
New
12¥e
1
2
5
5
Corp..
(Herman)
Haven
17% May
—1
•
30o
National Union Radio
England Tel & Tel
10 ¥2
7%
150
2 V2
168 ¥2 170 ¥2
*
1
Nktlonal Steel Car Ltd
New
10 ¥2
12 %•
88
98%
2%
10
Machinery
National Rubber
Jan
3,000
1
86 %
98%
88
•
*
1
Gas
ft Stores common.'
National Pressure Cooker common
National Radiator Co
Nov
12
n
106
100
1
25
preferred
7ft
12 ¥a Mar
11 ¥a
1
Hess
National Breweries common—
37%
11 ¥4
*
Nov
29
1
common
New
1
Co__
July
36 ¥4
10
Jan
10
Wobarkpr
common
Corp
Inc
Namm's
300
2,400
u
42
100
N
Nacbman
600
3
•
see
45 ¥2
16%
27/a
1
footnotes
-
1
(D Emil) Co common
Klelnert (I B) Rubber Co
Knott Corp common,
For
43
43
170
2%
Klein
Brewing
62
56
1
Klrkland Lake G M Co Ltd
Krueger
993/4
59
Co
Nov
15 ¥»
126
Kimberly-Clark Corp—
4% ft
227/s Mar
100
Mills
Muskegon Piston Ring common
Muskogee Co common
New
ft Co
Tel ft Tel
States
Mt Vernon-Woodberry
Nestle Le
122% Aug
8
class A
Neptune Meter common
100
•
Kennedy's Inc
Key Co common
8%
1,000
Montgomery Ward & Co class A
•
Moody Investors partic pfd
•
Morris Plan Corp of America
_10o
Mountain Producers
10
Nelson
K
Kansas Gas ft Electric
pfd
pfd series B—
Monroe Loan Society com
National Mfg
■
Kalser-Frazer Corp
35%
1
1
Corp
National Mallinson Fabrics
•
Kokenge
May
Jan
33 ¥4
33 ¥4
50
•
pfd—100
Mining Corp of Canada
Minnesota Power ft Light 5ft
Apr
123/a
4
1
2
Jan
9¥t
J
common
8
1% Mar
50o
common
♦%ft^ convertible preferred
National
Jefferson Lake Sulphur Co
Jim Brown Stores common
Dec
5,800
Jun
17
1,300
1
•
Jeannette Glass Co
May
50
1%
Jun
400
107/a
15¥a
12 3/8
i
Dec
48
x22 %
11
1
*
—
300'
^5
—
lOVa
9%
5
Italian Superpower Corp com cl A
—
11
1
Irving Air Chute
co
.
—
•
1
c new—
1,050
103/4
00 n—
*
1
Mfg v t
89
10¥4
10
International Safety Razor B
International Utilities common
Iron
10 ¥4
50
International Products
Investors
88
106% 1073/4
'
Preferred $3.50 series
International Metal Industries A
International Petroleum coupon
6 ¥4
57/B
l3/8
10
-
Miller
7%
22 ¥4
Oil
Midwest Piping ft Supply common
Mid-West Refineries,
Apr'
:
106%
Nov
57/s
3
57/8
50«
Jan
44
41% Mar
16 ¥4
£1
Indianapolis Pwr ft Light 4ft pfd—100
Insurance Co of North America
10
May
Oot
Monongahela Power Co—
9¥a
00
—
Apr
20%
13-
3
1%
•
common:
Abrasive
Monogram Pictures common
mm
4
Feb
3
200
•
dividend sharest
non-cum
88
:
registered
£1
Imperial Oil (Canada) coupon———*'
Registered
•
Imperial Tobacco of Canada:
5
Imperial Tobacco of Great Britain
-
mil
3%
Nov
8 ¥4
13 V* Mar
1,300
10
18%
•
Corp tl conv pfd
Midland 8teel Products—
Molybdenum
•
2 ¥4
9¥u
10
1
Midland Oil
j 1 p*u
Jan
Feb
v
>
Apr
Jan
M
common
Nov
39%> Sep
5
c
Jan
35%
19% May-'
16
Jun
28
1
—
Middle West Corp—
Ex-distribution
148
Sep
30 % Sep
2ya
„
t
v
Corp
20¥a
AUg
2Va
Class B
Hone
44¥«
Dec
39%
los%
16¥4
•
Mar
x65
17¥4 Mar
Feb
II
3
100
Aug
Feb
Dec
12
Apr
1
Middle States Petroleum class A
9,200
9
5 ¥♦
10¥4
100
May
2.50
Nov
500
Jun
200
133/4
34
26c
Michigan Bumper Corp,
Apr
11%
125
18 y2
2,700
8 ¥4
11
15
Apr
4
Chemical Industries—
Corp common—-
Participating preferred
73/b July
;
¥4
21
1
Nov
76
Sep
139
30%
IIII
13
100
Co
Micromanic
41
Jan
112
11% May
Jun
5%
Jun
23%
f
Chapman ft Soott Corp—
Mesabl
Jan
Feb
Aug
9%
Apr
12% Nov
Warrants
6% ft
J ah
40
' 30%
'v
1st conv preferred
Amer
Feb
1
85 ¥s
-
,..t
5
Hydro-Electric Securities—
Hygrade Food Products.
Co
15
300
—-1
Co
3,700
4
44
,
44i
__
.*■
common-
Zinc
4,900
13 ¥4
5 Vb
Mfg
Dec
.100
<
—
Illinois
21%
12%
•
Co
ft
3,500-
10%
74
common
Jan
ll¥a May
14¥4 July
Johnson
24
10
•
•
common—.
preferred!
7%
•
.
Inc commonHumble Oil & Refining
Htard Lock & Mfg Co—
Htossmail Refrigerator $2.25 pfd_
Common stock warrants—,
Imperial
18 ¥a
•
♦2.50 preferred
McKee
-
0
;
6%
50
16 ¥2
Dec
91
t-
Nov
Feb
6%
10
10%
*•
HUbbell 4Harvey)
Huyler's
11
.
—2;
Baking Co„
fiorn ft Hardart
R-ft
Co
ll7/8
•
-
(Geo A)
Apr
•
25/a May
Hormel
Mar
44
—1
common
Dec
HOrn ft fiardart
49
5,250
10
Nor
Bollinger Consolidated G M
Holly Stores IncHolophane Co commonBorder's Inc
Dec
2,000
76 ¥2
—1
1%
10
Dec
76 ¥2
85
Jll
common
2
:■
Jan
85
iff
July
•
53/4
1,200
(R) & Co class A
1
24 ¥4 May
*
convertible preferred
1,000
1,000
Hoe
Iff
% Mar
18¥a
1%
1
10
17,200
Feb
•
10
2%
5% ft preferred w w_
4ft preferred w w_,
Henry Holt & Co common
7%. Mar
18
5,500:
69 ¥2
1
Shovel.
1%
:
300
26%
110
International Marine
Communication Co Ltd.
1%
>
9%
24%
Feb
Marconi
Brewing Co
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
Haseltine Corp
•
*
21¥a
9%
Aug
Jun
Jan
26
Feb
19
(AG) & Co class B
McWilUams Dredging
common.
15%
20
78
Manlschewltz (The B) Co
Mapea Consolidated Mfg Co-
56 ¥4- Jan
A
May
74
-
19
common
Oct
Jan
11
20 ¥4
21%
—1
%
common
Dec
5
30
Dec
250
8 ¥2
Mangel Stores
Dec
25c
Aug
July
7 ¥4
243/4
103/4
Jan
15%
s
11
25
700
—
M
473/4
common
Dec
600
6
60
Mining Ckv_t
May
25 ¥a
15% Mar,
4,300
Jan
25
Nov
7%
—10
600
25
Harvard
9 ¥4
Jan
1%
7¥a
Public Service- Co
16
Olase
~7¥b
Maine
48%
Seller Co
—
lfacklntosh-Hemphlll Co
5ft
6
5%
.7¥a
Lignt:
Helena Rubinstein
13
10
24 ¥a
Harris common
McAleer Mfg Co common
—5
com
common
Dept Stores
12 ¥2
Jun
140
2%
Hecla
253/8
12 ¥2
t
Nov
Jan
15%
Hearn
23 ¥a
Exploration.
Light $6 pfd
47%
Rayon
25
-
2%
Electric
Hartford
2,400
Feb
8 ¥4
W Apr
Louisiana Power ft
1
naruord
107/a
Massey
Ltd
new
10¥a
May
H
Hammermill Paper
10%
6
1
8,100
Mar
120
133
13%
99%
_5
300
10% July
6V4 Mar
7
'60
■
,
*
Lamp Co
100
9 ¥4
127/a
Louisiana Land ft
Marion
Hall
May
63/4
Oct
Oct
Dec
10 3/4
Jan
Mar
50
9%
8
100
May
5/b
Lighting Co—
Common ctfs of dep
7ft preferred A ctfs of dep
6ft preferred B ctfs of dep
28% Jan
Oct
800
136% 137
common—25c
Utilities $4.40 pfdGypsum Lime & Alabastine
28
%
Tea—
States
Feb
22%- Apr
N0V
■
63
1
Grocery Stores Products
18%
9 ¥4
-
393/4
52 y2
25
200
21%
Long Island
%
6VB
;
10% May
22
Chain.
Lone Star Gas Co. (Texas)
Longinea-Wittnauer Watch Co_
1
Northern Paper-
Nov
Groceterias class A_
Jun
807/6
—
Non-voting common stock7ft 1st preferred—
Great
Loblaw
Jan
50
Great Atlantic & Pacific
6 ¥4
Jun
3%
800
'•
1,200
%
*
15%
27%
5
7
II
common
Nov
25%
pfd—25
Lit Brothers
Inc 6ft preferred
Aug
•
conv
9%
I
common/
Corp
2y8
•
5ft
Jan
-1
Inc
12%
♦4.50 prior preferredGoldfleld Consolidated Mines
Graham-Paige Motor*
6 ¥4
II
800
325
Grand Rapids Varnish
Gray Mfg Co
„
Feb
1,200
6 ¥4
700
45
common
Nov
11 ¥a
7%
6 ¥4
,
——1
2%
40:
Mfg
6 ¥2
Dec
21%
14%
2
•
Gorham
Dec
8
Class B
10 V*
900
Godchaux Sugars class A
Class
B
Goodman Mfg Co.
6%.
Co
Jun
Nov
5¥b
2,000
5
(RG)
5%
12¥a
100
8®/a
133/a
'
14%
1
-
Toumeau
23%
2,200
-
5
—
common
Gorfaam Inc class A—
Jan
Jan
2% Mar
2,100
1
Glen more Distilleries class B—
24%
•
Coal
Globe-Union
5¥*
-
16
300
25
Gleaner Harvester Corp
Glen Alden
Nov
29
20
;
Gladding McBean ft
Feb
2%
17 ¥4 May
300
5¥a
73/a
7 ¥2
Lanston
11
common
Co
Apr
xiu&%
•
Gilchrist
100%
Feb
700
3%
•
•
,
High
5¥a
Mines Ltd
110
3%
3Va
i
Low
8
13
Company..
Apparel Inc
snore
Monotype Machine
La Salle Extension University
Lefcourt Realty common
Leonard Oil Development
preferred—*
Georgia Power $6 preferred
$5 preferred
Giant Yellowknife Gold Mines
Nor:
L'Aiglon
95
x'3%
3%
Bang• Since Janoary 1
Jun
~6
•hares
High
Jun
~5%
3y8
Low
fir
ferWeek
sf Prices
Into Pries
High
Laclede-Chrlsty
General Phoenix Corp
General Plywood Corp common——50o
Week's
Bangs
Friday
Last
Curb Exchange
7%
*
100
1
General Public Service $6
York
3%
£1
5%
35
10
STOCKS—
Shares
General Electric Co Ltd—
General Fireproofing common
General Outdoor Adv 6ft
pfd
DECEMBER
22 ¥4
1
(2459)
EXCHANGE
ENDED
3Y*
Corp com—1
25
Amer dep rets ord reg_
General Finance Corp common
bft preferred series A
CHRONICLE
for Week
&snge
Par
FOR
FINANCIAL
Sale*
ef Prieer
Sale Priee
&
8 ¥2
8%
8%
4,800
—6
21 ¥a
21 ¥a
21%
200
Feb
6 ¥2
Nov
10 ¥4
Feb
Apr
117
¥4 Jun
8 ¥2 Jan
Jun
Jun
105
1
92
X92%
8 ¥2
12
,
Jan
Nov
May
11% July
12% May
Feb
23 V* Nov
! '
,36
THE
(2460)
COMMERCIAL
NEW
WMk'i
Friday
Exchange
Curb
Low
Niplssing
North
.
Light & Power common—1
American
Class B
North
Rayon
Central
Utility Securities
Low
2,400
%
Dec
2,000
6%
Feb
39
39%
500
33% Mar
48 Va
Jun
Securities Corp
39
39%
400
33
48
Jun
Seeman
4
May
1%
--
2
1%
300
'700
15%
15%
15%
2%
2%
2%
3,600
101%
200
.
15
8%
"9%
Sep
10%
11%
2.300
16%
16%
97 Va
Nov
Feb
Steel
Selby
13%
22 %
Jan
7
Feb
Nov
Semler
15%
1,000'
Sentinel
Ogden
Corp
2
4%%, preferredNatural Gas,
323
33
Jatf.
60
101
Nov
36%
Qkt Polndexter Distillery
Oliver United Filter*, class B
Omar Inc
1%. Feb
900
37
s%
9%
30^ Feb5
July/
12 %, Oct
5,600
22%
shares
Securities
2%
8%
1
23%
600
8%
8%
100
i
15
♦
25
13
Sick's
Aug
Feb
3%
—Ji
May
common
Pacific Gas & Elec 6%
5% %
1st preferred
Pacific
Pacific Public Service com
$1.30 1st preferred-
Page-Hersey Tubes
•
200
32%
33%
—25
7%
33%
1,700
30%
1st pfd—. —25
Lighting $5 preferred
Power & Light 5% pfd—
Pacific
1
7%
—
30%
200
29
Mar
90
101
Feb
91
Jan
7%
103% 104
95
-100
94%
'
95
common
75
1-.
23
3%
3%
25,500
2%
10%
10%
16,000
9%
Nov
18
18
19%
20%
Parkersburg Rig & Reel
15%
Patcbogue Plymouth Mills——-—--
15%
16
18
——
i
-
Ltd———i—;-*2;
1.
$1 cumulative preferred—
.$1.32
cum
Pennroad
preferred
Corp
.•
25
4%%
5Qo
•
Nov
4
Aug
2%
100
•'
28%
>40%
400
21%
Nov
450
7.
J
28%
Nov
103
4%
100
41%
1,800
3%
3%
51%
9%
9%
4%
108 %
Jun
Jun
*
4%
6%
~6%
~6%
24 .'•»
Feb
Dec
9%
100
23%
Nov
48:
425
4%
Nov
Mar
3%
1,200
10%
Oct
4%
39
-300
54
T 4%
300
3% Mar
4,400
6% May
54%
Jan
5%
Jan
Jan
29%
Jun
2%
•
2
2%
2 %
10,500
2,500
2
11%
5
2
Feb
♦v
Mar
}g Mar
-
r,
Oct
Stein
Apr
8%
8%
9%
1,300
8
Nov
38%
38%
41%
1,250
9% Mar
2
7%:
Oct
6%
Feb
2,000
9%
Feb
16
2%
-
13,000
1%,, Jan
7% Nov
3
11
6%
10%
•
—
Colorado—
Wfo cumulative preferred.
Puget Sound Power &> LigbL—
Oct
97%
44% May
300
•
of
15
Jan
Feb
11%
10%
2
May
37
—
11%
15
87
—
•7%
Jaff
Jun
8%
(The)
(A)
Apr
Sunbeam
May
Sun Ray
Jun,
May
Oct
'
100
92%
95%
94%
95%
350
90
*
20%
20%
21%
700
20%
5
com,
92%
£*•••"
1
.
.
12
12
12
5%
common—
1.25
•
.
75
6
300
-
'
3
90%
Nov
99%
87% x89
520
143% 145
.100
99
37
190
35%, Jan
warrants-
Railway & Light Securities—
Voting common
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
10
80
27%
28
27%
2,700
26%
26%
300
25
600
10
24%
500
22% May
200
36
4%
3
5%
5%
5%
500
%
%
5,100
16%
%
Dee
30
liy4 July
5% Dec
14
79
-•
8%
Aug
(Robert) & Co__
Reliance Electric <fe
Engineering
Rice Stix Dry Goods
Richmond Radiator
%
25
%
25
34
75,
6
3". '■
3%
10%
500
27%
28 %
2,400
25%
1
1%
1%
1%
4,200
1%
1%
1%
1%
200
113
115
.
7%
3%
700
2%
500
2%
2%
1,300
7
"2%
1
*
22
*
_•
*
34
•
18%
300
7
.
1
7
950
'
'
1 %
1,600
4%
12 Va
12%
150
~1%
■
For
(D
Mar
%
100
Nov
%
25
Feb
Dec
footnotes
1%
400
10%
300
10%
Dec
1% -Apr
15% Jan
11.%. 12%
11%
1%
10%
1,800
11'%
Dec
20%
Jan
37
Oct
Nov
7
Jan
5%
5%
11 ;>
1,000
V
100
Inc
Power
common
&
Light 7%
100
pfd—
—5
—1
Roofing Inc
Realty & Construction-. —1
Brewing Company—
)
Name changed to
17ys May
13% Mar
2%
.
10
»
Jan,
3%! Jun
Nov
Feb
14% Apr
200
10
17%
17%
100
16
16
16-
300
10%
10%
10%
1,200
13
13
14%
2,600
5%
Jun
1% May
31
Jan
6%
19%
Jun
1,300
5%
Oct
6 Va
Dec
20%
1,700
3%
3%
1,600
1%
1,700
19 % Mar
3%
1%
Dec
3%
26%
2%
1,200
2%
5%
Dec
2%
»
26% July
Nov
18
2%
2
100
86
2
1,800
86%
120
Nov
dep rets ord regis.-—
Amer dep rets def regis
32
pfd
Tonopah Mining of Nevada
8%
4%
4%
x34%
100
36%
7
7%
20%
20%
10 Va
4%
*
25c
.
600
1,100
•
500
Jan
Jun
xlOVs
21
Nov
May
15
Jan
11% Mar
May
18% May
57%
Oct
7%
Aug
1% Jan
100
U
Oct
300
51%
Nov
66
400
-.2%
Nov
5
.100
90%
91%
75
I
%
%
100
—
"■
55
3%
3%
4
2%
Nov
Va
3%
1,300
2%
1
88
3,300
convertible
Feb
Nov
~5%
preferred
~5%
500
4%
9 %
600
8%
Oct
4% May
2% May
Union
of
Gas
1%
1%
100
iy8
Oct
2%
2%
*3%
1,500
2%
Dec
6V2
7%
7%
600
5% Mar
8Vs
Jan
6%
200
6
Apr
7%
Nov
—
85
Nov
Mar
37% Apr
Nov
13%
United Aircraft
Mar
Union Investment Co
8%
3% AUg
17
6%
5%
Jun
A—
Sep
United
Chemicals
Jan
43
Oct
United
Corp
Nov
11%
Apr
United
Elastic
91
of Omaha
Products
100
90%
54
42
common—-——
4%
42
w;
29%
Corp.—•—
Nov
97%
Jan
52 %
Nov
62
Jan
8
Nov
38 % Mar
Va May
36% May
16
Feb
•20% July
17%
Feb
23%
Oct
Dec
30
Jan
Sep
25%
Jan
24%
Oct
United Gas Corp common———
_10
19
19%
1,900
Jun
United
Light & Railways
—7
21%
20%
22
9,200
7%
Apr
United
Milk
13
13
13 %
13
5%
6%
3,500
5%
Nov
11%
Apr
24
4%
200
4%
Nov
6%
Jan
common
1%
2
Nov
9% Aug
600
18%
Dec
23 Va
United Molasses Co Ltd-*-
dep rets ord regis
5%i May
100
25C
7%
Sep
12%
Jan
United
Aug
9,400
900
2
2
2 Va
3%
3%
3%
200
,1
1%
1%
1%
4,500
400
1% Mar
1%
Nov
3-
Feb
1%
Nov
3% Jun
3%
Apr
4% May
3% Jan
350
Preferred
10%
7%
xl9
Jun
70
Feb
29%
11%
Products
5% July
Dec
2,400
200
30
3
9,000
100
3
warrants—,—
87%
10
54
3%
Jan
19
Apr
300
91
54
50C
com
Jan
10%
Jun
Union Oil Co of California—
93
3%
18 %
Jan
6%
Corp—r
Canada—
14%. Jan
10 %
Jan
12:
IOC
10
18%
May
9"
.
—5
Corp
Chemical
100
10%
4y4 May
U
Ulen Realization
700
ROO
Jun
Jan
Jun
May
5 %
7%
Jun
31
Nov
8%
Tung-Sol Lamp Works com
Jan
July
1% May
6% Apr
Dec
1%
„
99%
Nov
26 %
Jan
1%
12
2%
10 Va
7%
Nov
2%
U
-
54 %
55
Inc
80c
4%
325
1
,r
Jan
,19%
Feb
16
4%
1
May
124
23/'s
.20
.70c
Lux Corp
Tri-continental warrants
Trunz
5%
'
.-58
Trans
$3.75 pfd series
7%
%
118V4 July
16% Nov
-
—
Toledo Edison 4%%
Union Stock Yards
8%
6%
12
31 %
16
100
-£1
Todd Shipyard Corp common
Toklan Royalty Corp.™
23
•
35
Feb
Nov
*
,
Unexcelled
1
■10V*
49% Mar
Tishman
3% May
20%
Jun
24.% Mar
49
27 Y*
•
121% 121%
—5
common
new
Corporation common
Tlvoli
15 % Aug
Mar
100
*
1
37,
Nov
5
625
2%
10%
-
1,300
15
2%
1
—,—18
450
36
15
•
•
10
55
200
common—1.
page
Jan
77/s May
Jun
15 y2
24% Nov
9%
1
common
see
Ml
Jan
Oct
3'%
Dec
1,200
37
Jun
19
1
common.
Feb
Nov
2,200
Nov
1.25
common
Inc
12
11
30% Mar
27%
1
preferred
A)
6 %
Nov
25%
Jun
18%
10
Savoy Oil Inc (Del)—:
8ayre & Fisher Brick Co
Schulte
%
4%
11.:
5%
*
Corp
"
;
900
10%
28,000
1%
3%
5
Ltd
Salt Dome Oil Co
6%
400
;
4%
4%
34%
United Profit Sharing com—
Samson United
3% May
15 V< Mar
•
United NJ RR & Canal
conv
27% Jun
23% July
8% Jan
21
*•'. %
Amer
1st
Dec
150
11
"7%
6%
6
20
5
Ltd
72
25%
£1
Inc
Corn
Feb
11
July
27%
1
Russeks Fifth Ave common
Ryan Aeronautical Co_
Ryan Consolidated Petroleum
Lawrence
Nov
22
—25c
—
Drug common—
Oct
2%
18
1
& Co common.—
8% May
5% Apr
2%
21
•
—5
;
52%
1
Co common—
Oct
122
'
•
J
May
2% May
'
Nov*
3
25%
152
•
Rotary Electric Steel Co—
Rowe (The) Corp common
St
6% Aug '
*
3
Jan
Feb
102
600
.3%
..7
3%
11% May
30% Nov
Feb
iy8 Mar
.160
2%
*
1
-
3% Jun
19% Feb
Nov
9% Feb
——•
113.
13
2V< Mar
15%
10
Dec
19%. Mar
1,500
10%
Oct
*
-
7% May
1% May
i <■
Aug
26% Sep
Nov
%
8
Technicolor
x96
5
Rolls Royce Ltd—
Amer dep rets for ord
reg
Rome Cable Corp common
Ryerson & Haynes
Jan
Taggart Corp common—,
Tampa Electric Co common
52
7%
1
(Texas Corp! v t c
Rochester Gas & Elec 4%
pfd P
Roeser & Pendleton Inc common
Co
Jun
4%
Jan
Nov
14% Mar
1,300
25%
Valley Gas Co—
Ol)
48 y2
Feb
Mar
139%
17,900
17
"
Field
10% July
Feb
4%
-
■
150
21
20
1
Feb-
Jan
700
8%
25%
preferred
Shoe
Preferred
United
Specialities
U S Air
common1—
—
common,
Conditioning Corp
U S Foil Co class B
U
S
and
$5
1st
51
49%
51%
5,200
.25
37%
37%
38%
230
8%
8%
with
Securities.
warrants.
1
%
1%
3,700
14%
15%
1,400
3%
1,700
200
•
1%
1
»
250
2
%
100
—1
IOC
Nov
5% May
~3%
76
3%
75%
76
Nov
6%
Nov
ioy8
Nov
627/a
400
.25
—
International
preferred
243 %
78
-10
Machinery
>
2% Nov
600
3
8 Va
—
Swan Finch Oil Corp-
Mar
38%
%
—1
Corp.
Nov
24%
1
•41% May
28% Apr
29% July
29 y» Jan:
May
26 Vss
38%
24%
8%
Amer
_•
1
Reis
Royalite
%
16%
6.25
1
Regal Shoe Co.
Roosevelt
13
•
Reading Tube Corp class A
Grande
26
'
Tobacco Security Trust Co Ltd—
_1
$3 convertible preferred—
Raytheon Manufacturing common
Rio
47-Jun
31% Feb
.,
July
12
31c Co
July
4% May
10% May
6% July
27%
27%
Jun
Jan
-
R
Roller
5
Nov
36
900
3,500*
'
Altes Brewing Company
Tobacco & Allied Stocks
Reea
Oct
Dec
Tllo
88%
~
;
Aadlo-Kelth-Orpheum option
%
7% Feb
2% Nov
3
200
'
Jan
Superior Portland Cement,. Inc
Superior Tool St Die Co
Thor
_
;i
Oct1
29% Aug
14 % Mar
25% Apr
8%. Feb
3,800
20
Corp
Thew Shovel Co
Oats
9%
.
'
preferred
6%
preferred
Quebfs Power Co
9
16
(Hugo) Corp—
Stop & Shop Tnc
(S)
V. Jan
33 y*
Stlnnes
Texas
Quaker
9%
Sterling Aluminum Products.
1...:
Sterling Brewers Inc
1 •>
{Sterling Engine Co
——1
Sterling Inc
;
1
Stroock
4
94
240
& Co common
Stetson (J B)
.
39%
Co
21%
Jun
88
-
May
21
Corp.—-—
Jan
•
Providence Gas
Products
8%
6'/2
1
Standard
4,700
18%
w,..10
Nov
270
'
——•
21%
1,: 8-
92
92
8% May-,
20
Nov
Dec
-
2%
92
37% Aug
,
Sep
224
16
common
preferred
17%
Jan
100
234%
228
1
10
Oil (Ky)
i.
Standard Power & Light com
Common class B_
■.—
21
*
234%
36%
Corp..
Standard-Thomson
Jan
jun
11%. Jan
Nov
v2%
Standard Tube class B
2.50
Producers Corp of Nevada
Prosperity Co class B—„
Corp
Forgings
17%
14 y®
'
May
6% Mar
2%
Steel Co of Canada
Oct
;
36 Va
$1.60 convertible preferred-.
Starrett
100
35
*
Dredging
Dec
<
19%
2.78
Oct
4% Mar
800
4
20%
Co
Brewing
Feb
3%
7%
tV;7%
•
—
1
Standard Cap & Seal common
Convertible preferred.
Jan
12%
Lambert Co—
•
Prentice-Hall Inc common*——_—2.50
Pressed Metals of America—
1
Pugpt Sound Pulp St Timber
Pyle-Natlonal Co common
Pyrene Manufacturing—
Standard
75%
—
900
108% Apr
23% Mar
.Nov
10
Btahl-Meyer Inc
13%
.200
~4%
Jan
Jun
.
^25 ;
preferred——25 V
—25
4.48%
conv preterence..z—25
4.32% cum preferred
——25
Southern Pipe Line
-1
Southland Royalty Co————
5
Spencer Shoe Corp
•
41
2,600
~4
4%
cum
Feb
4%
12
18% Apr
original preferred—
37'/2 July
5%
164
200
Get
Julf
...
Edison—
California
58%
5%
90
12%
17
76
Qct
May
22%
Nov
12.50
Line:
xl0%
x4%
54
12
1
South Penn Oil common—,
900
4%
&
/
South Coast Corp common
1,070
5%
1
2,100
3,400-
5%
4
Feb
12%. Feb
6,900,
11%
10
300
—•
common-
64%
Nov
57
105% 105%
.1
10%
V
55
•
Publications—
61
25c
common
16
■-
11% Apr
64%
50
50
Aug
'
X2% Nov
1,300
2%
.
8
$7
"2%
2%
2,000
20
Standard
9%
Feb
15% May
14%
2%
3%
4.88%
JUflt
1% May
15 y*
19%
Boss Manufacturing
Southern
4
Dec
10 % Mar
14
preferred
Pipe
5% Jan
1% Feb
%
Jun
85
87% Jun
Nov
2%
■: 1 Va
Pa
Feb
2%
19%
7%
Southwest
4% May
27% Jun
Feb
74
14%
3
Oct
Jan
13%
100
7%
Standard
Nov
Jan
Jan
2,000
14
3%
Jan
6%
22
2%
24%
—8
Manufacturing Co.—
—1
Corp ————_1
Standard
0/
Nov
3,400
%
Sonotone
DSolar
Oct
Nov
—*
1
Solar Aircraft Co
70
July
11% May
8%
2
&
prior
Jan
Nov
99 %
225
4%
52%
i
-1
common—1,
Alexander common
Power Corp of Canada
common;
6% 1st preferred
$5
6%
2'/«
1
Mining Co
Service
Dec
1,220
Jun
12%, Nov
Simplicity Pattern common
1
Simpson's Ltd class B—
*
Singer Manufacturing Co
—-v-100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis—*
— £ 1
Sioux City Gas & Elec Co—
3.90% preferred
100
Smith (Howard) Paper Mills
•
shares
Pleasant Valley Wine Co
Public
Oct
2%
102
26% May
Nov'
2%
x40 %
•
28%
5% Mar
'
Jun
49
••
"8%
9,100
„
May
-
19%
1% Mar
*
4.56% conv preference
Nov
7%,
•
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metellurgical common
Pratt
Jun
•
Pitney-Bowes Inc
Powdrell
113
-
23%
1
Pierce
Scale
Feb
1%
20
Phillips Packing Co
Polaris
24% May
•
2.50
Pharls Tire & Rubber common^
Philadelphia Co common
Pneumatic
Nov
6%
x41
Pep Boys (The)————
Peppercll Mfg Co (Mass)
Perfect Circle Corp—
Piper Aircraft Corp
15%
500
45%
28 %
2.50
Governor common
Plnchin Johnson Ltd Amer
Pioneer Gold Mines Ltd
1,900
22%
pfd——100
Sep
31
2%
Penn Gas & Elec class A
common
Penn Power & Light
19%
Nov
7
Penn-Dixie Cement warrants
14% Aug
Mar
17%
3%
45
;
Oct
4%
80
3
-
—1
Penn Traffic Co
Penn Water & Power Co
11
25
Oct
34
700
J:
—25
„
common.
25% July
Sep
19%
Co
July
17% Sep
Feb
3%
10%
Peninsular Telephone. common—
97
Mar
23%
.
Apr
Jun
Jun
Nov
Jun
1%
Ltd
Breweries
3%
1,700
4%
3%
14
common———25
Bimmons-Boardman
32% July
12% Mar
common,
Parker Pen Co
36
106%
3%
.2%
2%
1
Silex Co common.—.
lOVs May
Feb
Jun
32%
*
Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
Patlcan
6%
.<■
%
$3 convertible
Pacific Can Co
200
4% preferred—
—
■,—166
Sherwin-Williams of Canada——«,—*'
Shoe Corp of America class A
—*
Jan
'Jan
7%
1,200
79%
—1
common—
Bhawinigan Water & Power
Sep
17%
20%
20
78
Corp
Shelier Mfg Co
9%- Oct
14%
20%
""-'I
Sherwin-Williams
Nov
75% Mar
Bhattuck Denn Mining.
Dec
22
8,800
5
Jan
39%. Jun
•*
3%
—25
Jun
46
109%
14%, Nov
-
O'okiep Copper Co Ltd Amer
Overseas
5,600
3G%
class B common-
Power
Oklahoma
2%
35
103% 104%
common——
Ohio Brass Co
34
Feb
5,200
2%
—
Control:
Leather
Seton
O
Feb
10%
15%
Serrick Carp class B
Ohio
1%
~2%
Inc—
Radio
Safety
Sentry
I
1%
1
—
"
'
High
27
-1%
1%
certificates
B)
(R
1,800
——
Inc common-
prior stock
$5.50
Allotment
21%
—IIIIi
stock
Convertible
Sep
9%
28%
900
19.%
•
_
General;
Industries
Oct
Oct
Nov
common—
Co.
Shoe
Selected
Low
,
27
Inc_
Bros
Jan
103
7%
Co
Ranf* Since January l
High
Low
27
Segal Lock & Hardware
3% Mar
97
33,000
11%
—1
8%
Shares
25
Manufacturing
Scullin
21% May
89
101
/— •:
16 %
Northrop Aircraft Ino
Novadel-Agene Corp—
Nov
„Mar
.
2%
50
Northern Indiana Pub Serv 5%pid_l00
Northern States Power
(Minn),—,
♦
for Week
15%
Scovlll
1% May
8% Oct
Sales
Range
of Prices
Par
78
Mar
Week's
Last
Exchange
Curb
High
7%
8
;
Co
RR
Penn
*tigk
York
New
Range Since January 1
%
39 %
:
Friday
Sale Price
STOCKS—
Shares
1
Oil
Texas
Airlines
Northeast
North
•
•
•
A
common
American
North
class
DECEMBER JO
7%
%
7%
39
5
Mines__,
North Amer
Monday^ December 13, 1948
Sales
Rang*
•f Prices
Par
ENDED
for Week
Last
■al« Price
STOCKS—
York
WEEK
FOR
CHRONICLE
FINANCIAL
CURB' EXCHANGE
YORK
'RANGE
New
&
48
Dec
41%
8
Nov
13
iy2
Nov
11%
Feb
1%
Feb
70%
Feb
37%
'"*■
3%
July
Jan
Jan
Apr
Jan
July
Jun
19% May
5Ya May
86
May
Volume 168
COMMERCIAL
THE
Number 4759
RANGE
Friday
Par
U S Radiator common
U 8 Rubber
1
Reclaiming Co
1%
lVa
2%
1%
200
2%
1,100
lVa
2%
York
Interest
Last
Period
Sale Price
Exchange
Curb
Sep
Isarco
3
Jan
A
Bonds
£ow
High
»
25
25%
coupon—.1852
1940
1
January 1,
No.
Hydro-Electric Co—
with Nov
7s
Range Since
Sold
High
Low
8%
Apr
Rang*
Friday's
or
Bid & Asked
High
Nov
5%
1,100
-
New
Range Since January l
Lou>
6
Week's
Friday
High
5%
6
1
10
BONDS
Shares
37
EXCHANGE
DECEMBER
ENDED
for Week
of Frices
Low
WEEK
FOR
(2461)
4,
,,
Sales
Range
Sale Frloe
Exchange
Curb
Week's
Last
STOCKS—
York
New
CURB
YORK
NEW
CHRONICLE
FINANCIAL
&
2
25%
$12
20
Stores
Corp
50o
com
Consolidated
Universal
Insurance
Oil
-a—10
U
—
37-
36%
■
28%
16
^
Universal Products Co common—
Utah-Idaho
24
10
-5
Sugar
~2%
'
•
Utah Powdlr & Light common
24
2%
.
2%
21%
—
45
Nov
17
200
J-D
$101
104 V8
104Ve
Light 3%s
1968
195®
J-J
$108'A 108%
107
109 %
F-A
101%
103%
1963
A-O
If-8
Kansas Electric Power
Jan
Kansas Power
Jan
McCord
Corp deb 4%s
Midland
22% May
&
Valley
Extended at
N
Valspar Corp common
preferred-;
Petroleum.
I
Venezuelan
Venezuela
Syndicate
5
5'/a
"5%
Nov
10
98
5%
6
Jan
5%
Nov
10%
Jun
2%
Nov
5%
Jun
3,200
3 Va
Y
1,300
A
Waco Aircraft Co
$2
Watch
Ward
3% May
Nov
8
Feb
j.
106
July
.110% Feb
2%
1%
1%
1%
9%
9
9%
950
2
lVs
2%
5,100
1%
4
4
4%
1,300
—' *'
1%
1%
7
7%
800
xll2% 113%
20
112
Jan
Baking Co warrants;
140
Feb
161
—
15%
25
Oct
1
1
6
104
104%
8
103% 103%
21
103
101%
101% 101% -
J-J
104%
108
7
100
103%
82%
32%
5
103%
105%
5
103
106
3
19
34
$92
J-D
105
105
J-J
,
102% 106
104
107%
101% 104
4
106 Va
106
A-O
67
58
107 %
A-O
104%
104% 104%
105
"
Co—
'
coupon__1980
1960
1940
1947
63
rnmmmm
25%
'
coupon
25 Va
25%
$12
—
—
1,700
'
1 Va
,
Apr
J-J
'
A-O
*
147
101
13
Jan
Safe Harbor Water Power Corp
Apr
San
Jf-8
2% Mar
7 Via
July
Scullin
3sL1981
1952
____1195l
M-N
6Vs
1%
2%'Map
3s—.1965
MS
8% Nov
Dec
147%
101-.
...
,
101
19
147
2
98
103%
99%
-v
101
160
Jan
115%
60
1
Co
Hydro-Electric
ex
5
$104
,
50-year 6% debs
1998
Queens Borough Gas & Electric—
v5%s series A
...
U
1952 ;
11% July
20
110
1
preferred
cum
Waltham
1%
100
10%
110
30
Waitt & Bond Inc
%s
-
Public Service Elec & Gas Co—
10%
ctfs ext.*
100
i,
62%
3-D
:_2004
196®
.1971
4s
3%s
mtge
6%s with Oct
A 6
•
l
Wagner Baking voting trust
1% preferred
1st
3s—:
Piedmont
-
$101% 103%
—
,
M-N
Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
3%s
1970
W
'
to
Park
15% May
12 % July
*
Power
1st mtge
w
16
16
h
.
RR—
4%
Westchester Ltg
&
Ohio
Jan
Sep
2,800
2%
1
20c
Inc
Vogt Manufacturing
5%
5
67
5%
1
$4 convertible
coupon
Oct
3%
2'A Dec
19% Mar
1,700
22
196®
1947
1
29
Nov
22%
50
3%s
Nov
ex
Altalian Superpower 6s
July
23%
19% Mar
—
J-J
A 7s
3% May
Sep
2%
35
4UU
1952
1963
Milwaukee Gas & Light 4%s
,..1967
New England Power 3'As
...—1961
TTnited
Universal
Joaquin
Lt & Pow 6s B
Steel
Inc
mtge 3s
■
$99%
__
"2
113
,
A-O
$101
114
113
97%
—
.
101%
"
Aircraft
Warner
Corp
1
l
Wentworth
Utilities
Texas
..1.29
preferred....*
$6
Western Maryland Ry
:
1
Manufacturing.j
West
—
113%
200
-
15iy2 155;,,.
7% <l»t pfd__100
Dec
10
6% Mar
Southern
May
California
Edison
3Vss series A
1st
Apr
&
ref
3s
ser
B
J-J
1973
.1973
:_i
:
M
...
•
May
July
Southern
-
-
—
$105'
•
)'
: A-o:
f
'
51
'103'A 104
—
F-A
Southern; California Gas 3 %s~.*..1970
29 V4
103%
101% "105 %
'■
105%
103
~__
$101
103%''
101
103 % 103%
-101
•
101% '105%
2
t
Western
Tablet
&
24%
com—•
Stationery
nov
Counties
(Calif)
Gas
—
'
Westmoreland Coal
—' t
36
T
36%
.
33
:i. 65
..
10
u.
Mar
40 Va July
20
20
...
Westmoreland Inc
Jun
25%
—1971
1st mtge 3s_,
Southwestern
Jan
Gas
1
J-J
:
F-A
1970
3%s
Elec
&
Weyenberg Shoe Mfg
Whitman
'.f
-
'
T
(Wm)
L
Co
&
;
#
18%
200
9%
9%
900
"
1
10
S
•
~9%
L_._
1
10
preferred w w
Winnipeg Elec common...;..
Wisconsin Pwr It Lt '4%% pfd
25
(R
C)
Co
&
Products
Willson
18%
200
2%
Inc
r
«,•
6
6
10
10
Jan
AStarrett
Jun
1
common
5%
Woodall
Industries
Woodley Petroleum
Wool worth
(P W)
American
6%
277/a
2
11
5%
27%
—
15%
28
98%
•
100
Inc
4%
15%
4%
—
Nov
'May
11% Jdn
Feb
12% Mar
98%
Stinnes
11
19%
Jan
19
17
Feb
28%
05
Jan
1946
7%
5s
£1
deposit receipts
Jan
Wright Hargreaves Ltd
6%
500
Electric Service
Nov
9 Va
A 7s
Jan
Dec
Dec
ex
1
Waldorf-Astoria
■;i%
•
-111
"lij
~1%
2,900
A-O
—
.
~2 Va
Nov
A 5s
May
1
Curb
Penn
Electric
Penn
Traction
Week's Range
Last
Period
Sale Friee
Exchange
or
Associated
Assoc Tel
4%s__.
Bold
Bid A Asked
29
•
$12
it****.
•''*
5s series C
...
Steel
105%
Low
No.
High
105%
105
8
25%"
'
A5s
97%
25
Af-N
100% 101%
10
99%
(20%
8
103%
J-D
97'A
97 Va
"
103%
96
108%
108% 108%
Q-F
J-D
M-S
j-d
$107
2030
A-O
$108%
1960
J-D
$155
;—1959
P-4
Jan 1966
Debenture
1
104 Va 104 %
2
106
105'/a 106%
10
91
5s
debentures
"V"
102%
.
34
81
97
Curb
York
Friday
Interest
BONDS
82%
104
Last
Sale Friee
Period
Exchange
84'A
84%
103
105 %
105 Va
107%
83%
83%
78
88 'A
1
85
J-J
(Col) —
April 1946
A 20-year
7s
——Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
—...1948
A
78%
83%
83%
2%s
conv
..'
'
98%
104
98 Va
498%
98 Va
102%'
97%
100
102%
19
102'A 103
101,
96%
:7,.
■
99
109
%
$111%
A-O
111%
.<
—
J
Gas
Fuel
&
1993
Elmira
Water
Ercole
Lt
Marelli
3Vas_„_
& RR
Elec
ex
Nov 1
(Dec
J-D
1958
J-J
1970
if-m
A7s
1941
(Aug
coupon)
A7s
(July
1
1
1941
$102% 103%
— — •
60%
—
-
104
104
38
100%
-
61
104
61
103%
56
3
8
coupon)
Interstate Power Co—
escrow
—
33%
35
35%
33%
103%
.2008
31%* 34
.
'
J-J
'
17
17%
16%
inot
J-DM-S
62
65
n
"
J-J
being
traded
i
:
55%
75
"conv," convertible; "M," mortgage;
"w i,"
Stock and Bond
"w w,"
when issued;
Below
Averages
are
the daily closing
averages
of representative stocks and bonds
'*
on
the New York Stock
Exchange
as
compiled by Dow, Jones & Co.
—Stocks-
—Bonds10
10
10
Total
30
4__—
6
Dec.
7
—_
Dec.
8-r—-
„_
Dec.
10
10
.Rail¬
Util--
65
Indus¬
Grade
Grade
Util¬
40
roads
lties
Stocks
trials
Rails
Rails
ities
Bonds
53.76
32.95
64.32
100.83
100.76
90.00
First
Second
101.73
98.33
176.26
53.78
32.95
64.34
90.00
101.67
98.32
176.67
53.68
32.91
64.38
100.77
100.91
90.06
101.57
98.33
176.29
_
9
Dec.
-
Total
176.22
Dec.
15
trials
Dec.
20
Indus¬
Date-
53.50
32.92
64.25
100.93
100.89
90.23
101.55
98.40
100.80
100.80
175.75
53.24
32.80
64.01
100.84
101.04
90.28
101.60
98.44
176.41
:
53.55
32.98
64.31
100.91
100.96
90.35
101.59
98.45
•
NOTE—The' dates
following order:
shown
Nov. 27,
5
10
12%
5 Ac 1-'
•
-
—
*24
34V«
84%
i
5
\
-I'.u'My.
■
78
■
26,
34V«
—
24
1
31
$41
..
—
42V«
$41
$^8
—
—
42
—
,—
—
—
$61
65
--
$26%
28
—
^8
"*•'*
T 12
13*, .1
,
—
22
62
...
25
30
39%
44
44%
27
81
27
,,
14%.
14Va
15
'
n/l
j.
^
13%
137
zz
2
1A
2
77
lVa
1%
2
65
157/s
1Q
0.
?7/
1/a
1%
-,/
3,2
3%
f'cons," consolidated; "cum," cumula¬
"n-v," non-voting stock; "vtc," voting trust certificates;
"x w," without warrants.
with warrants;
•
listed
39%
.
68
66
..
....
5 A
above—"cod," certificates of deposit;
>1.
*
31
1
.
gReported in receivership.
Abbreviations used
*/;.
>;•
75
69%
flat.
35%
34
'
v:
35%
a
31
•
65%
62%
—
Under-the-rule
17%
tive;
63%
1919
17%
'
;
—
35%
.
6'As
5
34
High
61%
61
•
transaction
A Bonds
34
value,
par
Odd-lot
35 Va
35%
31
* Low
Deferred delivery transaction (not included in year's range), d Ex-interest,
(not included in year's range).
f Ex-distribution,
g Ex-stock div.
h Extransaction (not included in year's range), r Transaction tor cash
included in year's range),
x Ex-dividend,
y Ex-rights, z Ex-liquidating dividend.
$Friday's bid and asked prices^no sales being transacted during current week.
"■No
33%
8
69%
\
_
-1921
principal.
36
'
J-J
2012
14
35%
33 %
*
17
January 1
No.
—
$69
68.%
—
J-J
1997
2%
to
A5V2S
106%
17%.
reduced
Government
A Russian
61
10
35 Va
J-J
1052
..
ctfs
31
35
1957
36
33%
t-k
35%
Range Since
(Plan A)
reduced to 2VsS
Interest
102 %
102%
-
10
36
J-D
1955
.1957
1952
series F
a Debenture
50
102
e
1059
1941 coup)
stamped
(Republic of)—
2%s (ser ABODE)
Rio de Janeiro stamped (Plan A)
Sec—
series E
A 7s
Parana
31
Interest
102
■
High
■
..
If-N
A-O
J-D
J-D
Mortgage Bank of Denmark 5s
24
50
J-J
1
112%
110
..
26%
1947
1947
1931
1972
AMortgage Bank of Chile 6s
65
v
M-N
J-D
is to
1950
It 3'As
;
Peru
1963
C
series
.
$12
1953
Ry 4s
International Power
a6v2s
26%
Power 3%s
Indianapolis Power &
7s
1111%
MS
.Guantanamo & Western 6s__.
a6v2s
1956
1961
Grand Trunk Western
103%
55%
44'A
98
Bank—
stamped
,,Green Mountain
46%
97%
61%
44%
98
Co—
1947 coupon
Finland Residential Mtge
5s
61%
J-J
MS
,
1940 coupon__1953
A6'/aS with Nov 1
A6%s
5s
Mfg
Ll9®8
61%
Af-R
May
..1993
A 1st mtge 4s ser B
,!■
29%
Division—
1st mtge 4s ser A
,,
Eastern
Sold
—
11S
;_1951
stamped
Mortgage Bank of Bogota—
A7s (issue of May 1927)
A7s (issue of Oct. 1927).
.
>
■}.
7s
'
J-J
•
AMedellin
—
^
City (Peru) 6%s stamped. 1958"Maranhao stamped (Plan A)
Interest reduced to 2V8S
2008. ..
115
35%
M-N
F-A
A Lima
1954
N
5s_.
•
;
r
4vas
of
Bonds
Bid A Asked
$60%
$60'A
—
J-D
1955
1953
Danzig Port & Waterways—
AExternal 6%s stamped———.1952
Delaware Lack & Western RR—
Lackawanna
Week's Rang*
or Friday's
Municipal Loan—
5%s
External
106%
102
"
"
Af-N
City)—
(Bait
107
"
A-O
1962
Gas
4104
A-O
J-J
.
Cons
External
J-D
J-J
1981
debs
Consolidated
Gen mtge
1969
„__1976 '
7s—'
20-year
Danish
(Bait)'—
Pwr
,1st ref mtge 3s ser P
1st ref mtge 2%s ser Q
1st ief 2%s series R
!
120
Agricultural Mortgage Bank
99%
106
r.
*
'
108%
117
—
,
134
J-J
:—...»—.
—
&
105 Va 105 Va
<19
A-O
M-Q
„
1977
3s
Registered
'Consol Gas El Lt
40
105 Va
M-8
1969
(v*-
86
108
$100% 101%
5s
168
98%
87%
'92%
86'A
M-S
1958
hi?
72
102'A
107'%
111
155
165
100'A
100
J-J
1954
Debenture 5s
•'
27%
106
118% 118%
82%
Low
Debenture 5s
'
5
18
106%
...1948
redeemed)
..Cities Service 5s
"
83
103'A
Foreign Governments & Municipalities
107%
105% 1057/a
j.j
1970
—
I] A5V2S (20% redeemed)
A
6
25 V*
1964
'
,
25'A
100%
2
$12
—
JCentral States Electric Corp-r-
,
38
19
.■
108
New
H
■
High
102%
J-J
1998
6s
2%s
Edison
Boston
'
6
■
—
Telephone of Canada—
Bethlehem
,
29 %
100 7/a 100%
—'
January 1
1964
...1955
5V2S A
30
Range Sines
1960
Electric
& Tel deb
Atlantic City Electric 3'As
Bell
J-D
1953
30%
16%
Newspaper Union—
6s conv s f
Bonds
Friday's
Low
1970
Appalachian Elec Power 3%s
75
16
--
1954
income debs
Western
York
122
63
—
'
Friday
New
;
J-D
195®
185®
coupon
1947 coupon
Hotel—
West
Interest
25
114%
2
■
Co—
1940
West
BONDS
29
.
—.1949
Washington Water Power 3%s
*
25
104 '
,
United
22% Oct
A7s with
7%
68
$23
*
t-
J-J
194®
Industries—
stamped
2nd
United Electric Co of N J 4s
A-
preference
122
$64
$23
A-O
Hydro-Electric Co—
A6%s with Aug 1 1940 coupon—1953
a6v2s ex Aug 1 1947 coupons—1953
Dec
14
Feb
13
500
121
96%
Ternl
102 Va July
,9% Nov
300
105%
98
(Hugo)
A7-4s
; May
14
30
10%
Ltd—
$96
7% May
Feb
700
800
19
8
.3%
1,200
...
101 *%
100%
16
'
r
121
A-O
——1966
trust
(Hugo) Corp—
A7-4s 3rd stamped
11
5%
Corp inc 5s
collateral
5s
'
Brothers
Wilson
98
104y2 104%
■
•
Stinnes
Feb
10
-
M-N
1989 '
1950
(A G)
16%
6%
50
Spalding
,
17% Mar
100
■
Jan
24%
Nov
r
t
Wichita River Oil Corp
Wickes (The) Corp
Williams
16%
18 Va
Oct
14
15'%
r
.
,
16%
1
1
$99% 100 Vu
104 y2
"
in
Nov.
the
29,
"Chronicle"
Nov.
30,
Dec.
of
1,
Dec.
6,
page
37, should have been given in the
Dec. 2 and Dec. 3.
(2462)
38
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Week's
Range
of Prieeg
1st
5%
preferred
vtc
vtc
Low
•
•
2.60
100
& Deposit Co
15
15
31
10
160
5
26
26
150
High
Jan
2
50
31
20
13%
6
160
Brager Eisenberg Inc——,———— 1
Fidelity
'75
2.60
Chicago Corp common
.—:
Convertible preferred..
Chicago Electric Mfg class A pfd
Chrysler Corp (new)...
Range Since January 1
Low
14
16%
Mar
12
Common
Oct
23
Cities Service Co
Jan
Commonwealth
40% May
Sep
161%
23%
Jun
28
Dodge
Mfg
..25c
50c
50C
85
45c
Aug
1.15
Jun
Eastern
.—50
48%
48%
50
44%
Feb
52%
Jun
Eddy
Paper
Mills
.1975
45
46%
$16,500
43
Jun
68
Jan
48
50
Air
Co
4s
5s series A-
.1975
50
45
7,050
Jun
Jan
77
Exchange
Fox
General
America
of
Drive
(Peter)
of Prioee
Par
,
_•
.100
Agricultural Chemical
Refining
American
American
Sugar
American
Tel
American
Woolen
Anaconda
Copper
Tel
&
Low
•
36%
30
39
151
3,370
38%
375
34%
33%
37%
437
High
Nov
36%
6
151%
36%
50
Range Since January 1
LOW
37%
39
151%
Shares
Nov
52%
x33%
158%
57
Nov
30%
Jun
397/b
147% Mar
pfd
RR
,100
..lOO
119%
.-25
Boston di Albany
37%
Boston Edison
Elevated
Boston
Feb
Oct
Jun
July
407/b
&
Jun
5%
cl
8%
cl ,B
A
19%
19%
tll70
44%
41
44%
Jun
127%
Oct
43% May
Dec
100
stamped
-100
1st pfd
Boston Personal Prop Trust
5%
pfd adjustment
5
Sep
10
Aug
7
190
5
Dec
11
Aug
7%
100
7
Dec
12% Aug
16%
16%
225
13%
Feb
18
Jun
74
460
34
Feb
74
Sep
x5%
10
5%
Dec
43%
44%
840
31%
Feb
Hein
(G)
35c
50
35c
8% May
64%
Dec
Werner
Hupp
Corp
Co
International
Drug
Kellogg
capital—
Jun
75c
5%
&
Hart Inc
prior preferred..
26%
Jan
Northwest Bancorp
Tel .&
Oct
28 %
Dec
100
16
Dec
x21%
Jan
Dec
5
May
2%
;200
10%
100
30%
200
28
Nov
42
20%
600
19 :'
.Dec
23% Mar
150
4'/2
Dec
i: 5
9% 'Feb
•
16% May
July
8JA
Jan
27%
28 %
1,800
26"%
Sep
34V2
Jun
7%
9%
7%
20
•TV*
8%
Dec
14%
Jan
Jan
11% July
9%
11
6%
8%
200
6%
10
13
8%
TV4 May
Feb
6
200
' 16
55
23
23%
12%
Nov
19j/2
800
8%
16
97/b
9%
8%
Dec
"10 ¥2
Apr
16
Dec
2114
Jan
44'A
Jan
74 V2
Jun
;' 150
..
300
200
9%
6
Jan
14
:56%
22% Mar
200
6%
11%
13%
14
Nunn-Bush Shoe Co common— .2%
58
1,500 '•
■
.
29% May
9V2 Aug
'5% Nov
13
Jan
9
Jan
600
7 % Mar
>12%
Oct
Feb
150
12%
Apr
15
400
1
12%
12%
10
32%
32%
48%
Nov
64% May
20%
20%
20%
—
27
28
22%
22%
22 %
15 %
15%
16
100
12%
Dec
150
>
32%
Dec
17
Apr
37%
Jan
'
common
54%
52%
54%
46
49 % Mar
39%
38%
39%
2,408
31% Mar
42% May
33%
32%
33%
380
28
F*b
39 % Mav
8%
8%
108
7
Feb
56%
57%
605
42%
Feb
607/a
Oct
Pennsylvania
RR
41%
41%
5
41%
Jun
48
Apr
Perfect Circle
(The)
50
150
26
300
-x
24% July
.20% Mar
19%
50
Mar
15
35
May
24 Va
Feb
Nov
May
19
Jun
TV* Mar
10
May
•10
May
59% July
*
Oak
Manufacturing
9
Jun
5%
Coal
Co
1
common..
8%
5
common
capital
Co
87/s
9
50
14%
14%
5
12%
Nov
16
12%
60
6%
Feb
17
Sep
45
31%
Feb
71
28%
Feb
44%
Oct
St Louis Nat Stockyards capital
8%
2,850
21
13
17%
10%,
19%
Oct
24% May
12 Vb
Nov
21V*
14
16%
6%
750
400
20%
10%
16%
..
..
;;;
;
3,200
200
.
Jan
Jan
22
16% Nov
9% Mar
>
May
11%
Jan
Sep
105
8%
1,800
13
com—2%
new
9%
L_
prior preferred
25
Electric Switch class A_———10
Penn
12%
59
59
38%
*
1
Tel
Sep
Jan
19
—
Ind Inc.———5
American Car common—.....20
Mar
Co
Potter
39%
43%
44%
75
16%
229
Rath
(The)
Steel
20
100
xl5
30c
30c
54
Jun
Sangamo Elec Co
21 %
Jun
Sears
81%
80
7,516
82
8%
54c
Apr
Serrick
970
Jan
Shellmar Prod Corp common
Signode Steel Strap common
25c
7%
79
July
Nov
12%
Nov
96
May
Corp
&
50
25
33%
V
33%
30
:
25
33%
30
B_L:
_♦
4%
Feb
6% July
500
6%
Dec
11 % May
340
!
25
Dec
"31
Jan
10
30
Jan
35
July
200
27%
Feb
1
11%
11%
50
11
Nov
15
Jan
•
capital
capital
Co
6%
25
•
common
Cummings
Roebuck
5
6%
6%
10
common
41% Mar
Nov
5
common....—.1
14%
2,000
9
25c
9
1
common
Car
Packing
Schwitzer
England
•
2%
4%
—
*
35
5
New
11% May
64% Jan
9
•
10%
s*
Aug
Feb
—100
System
20
Jan
100
Cos
Jun
Dec
29%
'
..10
.
19
*
Electric
'* 16 >
2%
May
12
50
150
50
16
'
—
Jan
18 V*
60
9%
50
—.
Noblitt-Sparks
Nash-Kelvinator
Service
200
9%
Oct
LSep
21
17
16%
Mar
13
9l/4 Mar
11
Oct
Mergenthaler Linotype
England
Feb
16% July
14% Dec
vtc
common
7%
150
5 t v{6%
26%
*
__
600
400
23
25
Corp
9%
8
65%
50% Mar
2,200
1
(ex-distrib)
Aug
prior pfd—50
—
Chemical
1,300
—
common
Products
cap
17%
'
New
Food
Corp
♦
common
58%
*
May
"
395
—_
RR
Nov
50
23%
26%
Oct
7%
13
22%
100
14%
50
14%
7
1
National Cylinder Gas
National Standard common
2,050
58% May
19 V2 Jan
46
100
7%
17%
Li
Montgomery Ward & Co..
20
Dec
100
15%
5
common
Oct
33 %
Jan
10
.*
Sep
19%
19'A
14%
—
1 ,T
4
33
Nov
16%
common."
new
95
20
7%
17%
1
common.—•
Marshall Field & Co
Miller
650
10
29%
Feb
1
preferred
National
Univ
West
Jan
8%
9%
10%
common
Harvester
Mickelberry's
9%
57%
■.*
com
McNelL & Libby common
Lincoln Printing Go-common—.
Lindsay ;Lt & Chem common
Middle
16 V2
Dec
14%
10
Tool
Co common.—_——
Ext
Dec
6%
46
„
—100
common..
Switchboard
Salle
12 V2
50
10
3
Jan
Dec
Jun
400
7%
9
25
10 V*
15%
110
6%
15 %
1
Pneumatic
Feb
46
1
cap
common
Indiana Steel Products
Katz
new
Dec
Dec
8'A
46
-*
Hlinois Brick
Pressed
Mathleson
Co
700
6%
*
common..
Independent
13
7%
15%
82
18
8%
1
common
Sep
*
x34%
400
15%
92
12 %
12%
«£*
common
8
15%
—,
1
2%
—
^
92
—
5
5
common..-..
Corp
7%
—
15%
1%
Bartlett common
*
6%
—
5
74%
•
:
Theatre
Central
May
common
Dk
Brew
•
(Del)
Loew's Boston
Maine
Aug
40
10
Stores
Copper
Corp
34
Feb
15
Safety Razor Co
Lamson
Mar
3
Hathaway Bakeries
Kennecott
Co
&
Dr
Hibb. Spencer
Horder's Inc
Peabody
Gillette
25
50
87
Electric
General
50
38%
3
8teamship Lines Inc
National
33%
38%
87
,100
Employers Group Assoc
First
33%
(W H) common
Lakes
North
Eastern
May
100
——
B
preferred
Jun
29 Vb
100
Common
6%
63%
July
Libby
160
Massachusetts Street Ry—
Eastern
Feb
25
*
Leath & Co common——.
6
35c
32
3,100
57"%
51% Aug
70
10
Co
Boston
800
25%
10
Refrigerator
Heileman
$1
East
44%
25
A
common
Feb
100
Service
,43%
Corp
32
x5%
100
43%
—
615
7%
•
RR
'Nov
25%
10
21% Oct
5
Providence
Jun
Corp preferred-
Sep
5
il00
Apr
60V2
■
common
18%
5
~7
38
Nov
—10
Motors
La
pfd stamped
1st
36%
2,174
19%
Calumet & Hecla_,
Cities
Mar
100
cl D 1st pfd stamped
&
37%
115
135
RR—
Maine
prior preferred
Boston
36%
Nov
220
118% 120%
115
100
7%
10%
5
Railway-
Stamped
Boston
118
118
Jan
50%
Transp com
Candy class A
Illinois Central RR
Bigelow-Sanford Carpet 6%
32
Inc.—
Hammond Instrument Co
High
37%
,—-100
;
365
200
66
25
Auto
Brewing
Gossard Co
for Week
Sale Price
STOCKS-
38
American
Gibson
Sales
Range
14% May
53%
10
Finance
Great
Week's
Jun
38
Inc common
(The)
Corp
General
Last
High
Nov
64 V*
53
—50
General
Friday
9%
50
—10
General
Boston Stock
800
—
,
common
Lines,
Four-Wneel
Transit
10%
64%
—
_—————*
Corp
Co—
BONDS—
Baltimore
Low
9%
64%
—
4*
2%
common
>
(new)
Flour
8 Fidelity
10%
Range Since January 1
High
July
& Guaranty.
North American Oil
U
1
Cumulative preferred (new)
-5
Low
Shares
-*
common
Edison
Consumers Co—
Nov
Mills—
—
—.—
tor Week
of Prices
Jan
5
Apr
30 %
138
Jan
Common
Vernon-Woodberry
Mount
Sales
Range
Sale Price
Par
High
13%
Week's
Last
Shares
Par
Baltimore Transit Co common
10
STOCKS—
for Week
Sale Price
__
DECEMBER
Sales
Last
Corporation
EXCHANGES
ENDED
Exchange
Frlday
Arundel
WEEK
Monday, December 13, 1948
Friday
Baltimore Stock
STOCKS-
FOR
CHRONICLE
38%
39%
1,000
32
Feb
.43
Nov
...
14
14
10%
Feb
15
Oct
26
26
26%
650
26
Mar
34% July
12 %
12%
600
11%
Feb
"14% July
22%
23%
1,600
15%
F*b
6%
350
class JB common——...1
*
*
100
34% May
'
"
N Y New Haven & Hartford
North
Butte
Pennsylvania RR
Reece
100
Mining—
———i..—i
Machine
Folding
2.50
50-
8%
41c
16%
41c
10
17%
1%
25c
2,199
1%
■
8%
3,300
16%
—10
_
8%
31c
100
16%
1
Dec
1
14%
Feb
Jun
Sinclair OH
85c
Nov
Apr
Society Brand Clothes common...—1
22% May
2% Jan
Oct
South
Corp...
Bend
Lathe
Inc
—•
common
Spiegel
Works
capital
&
pfd
*
6%
U
8
—
Machinery
4%
Nov
7% Mar
preferred
Rubber Co
25c
25c
20c
Apr
15
15%
710
13 %
Feb
13%
14%
175
11% Mar
18 % July
Stone
34%
34%
218
34%
41
Sunbeam
—•
25
com
——25
__——
15
Waldorf System Inc
100
——
Electric
Corp
Nov
65c
Jun
16%
>
May
52%
51%
53%
3,336
48%
Feb
58% May
49%
52
2,050
48
Nov
62%
37%
37%
123
165
37%
Dec
40%
425
38
Dec
49 %
Jun
38
120
13%
110
24%
Stewart-Warner
common
Container Corp
common
Corp
25%
677
Aug
13%
Week's
Admiral
Corp
125
Swift
com
5
-
....
25
-
new
Mar
Thor
Co
!
(The)
Ball
Laboratories
American
Tel
Armour &
Asbestos
Bearing
Co
Mfg
1
Tel
&
Co
Trane Co
capital
33%
Jun
208
South
La
Avco
Washer
Salle
(W H)
Bastian-Blessing
common
Belden
Mfg Co
Bendix
Aviation
common.
St
Corp
Co
(E
Butler
Carr-Consol
Central
Ring
Bros
HI
Secur
Convertible
Cent &
S
W
(new)..
(new)
Feb
12% May
American Air
350
17
Nov
26%
American
Radiator
2,400
148
Mar
Anaconda
Copper
7%
9%
Feb
22%
158%
Dec
Jun
Jun
Armco
150
4%
Nov
8
Jan
3
3
200
3
Nov
4%
Apr
67/B
Canadian
7%
750
4%
Feb
7%
Oct
Certain-teed
28%
35
35%
150
30
Aug
40
14%
500
13%
Nov
20%
Jan
337/b
34%
200
31
Nov
36%
Oct
1,500
7
13%
13%
100
13%
10%
10%
10%
200
9%
500
Dec
9% Mar
Nov
Apr
Mar
13% May
15%
Nov
17
Jan
13%
Bethlehem
57%
100
45%
Feb
66
% July
22%
23%
300
21
Nov
34
Jun
1%
»
Gas
Continental
Jan:
Nov
13
29%
-300
29
Nov
36%
Jan
Jan
700
Sep..
July
10%
500
9%
Dec
21 %
55%
200
52 V*
Feb
66%
Feb
General
General
common
Ry
Public
Gas
York
17%
Jun
15 Ye
Jun
3%
600
2%
Dec
>1%
500
1%
Feb
750
10%
Feb
15%
Jun
8%
Feb
12
Nov
Pullman
Dec
26%
Jan
Pure
12
10%
15
15
50
Jan
Jan
45
410
44
'
11%
72
15
2%' May
v
.
'
48
Jan
1,200
v
40%
10
37 V*
Nov
43
Oct
200
9%
Nov
18% May
86% Oct
1,100
Mar
Mar
68
16%
100
25
500
23%
Dec
33 Vb
'45
80
Jan
85
Jan
1,900
10
Feb
11%
Jan
12% July
16%
North
V
Oct
:
'Toys
1
14%
50
16%
:
20%
Dec
Jan
7%
7%
25V8
(The)
6%
Oct
"'600
12%
Feb
16% May
34
200
30%
Feb
41
25V8
100
23%
Nov
—
34%
__
25
3,800
14 Ve
25V8
—
7%
14
—
-
•
new
&
—V
13
-13%
•
11 ^
--
1V2
7%
—
34%
100 *
9%
30%
Feb
39%
Oct
13 Va
300
12%
Nov
18%
Jun
14
200
12%
Nov
11 Vb
200
10V*
Feb
19% May
14% Jun
8
1,000
6%
Feb
10 V8
900
4%
Jan
12% July
—
7%
7%
7
6V2
8
1,500
5% Mar
38%
39
300
31% Mar
ll1/*
11%
700
700
11
Nov
3
Nov
4%
Feb
Utility Corp
11%
5
-—1
—
3
.4
...
—
5 Va
RR
5
^
ParamountiPieturesTnc
Inc
Co
new
"
—
(The)
,13%
—_——_.—10
Packard Motor Car—-...
Pan Amer Airways Corp—
—
—J*
-
-
2%
com
common...
-
1—
'4 V*
8%-
3Va
5'/a
•
/
-
,
a% x
15V*
13%
600
-
5%
9 y8
4%
Feb
8y4
Nov
-.700
v
-
.700
-a•—
30%
32
600
18% Mar
7%
Nov
42% July
X16V* Feb
:
Jan ;:«
8% May I)
":
u
1
x
.
18% July
16% Jan
14% Mar
,
14% July
21%
1,000
22%
8%
—
■
Jun
12%
Feb
,
'
10% July B
42% May >
14% Mar
9,200
,4%
9Va
20%
t
100
3,200
T
—
4%
8y2
LV--' 22V2
^—33%
—
15V2
13%
■-/„
capital.—_*
Jun
Mav
32% May
118% Aug
92% Mar
Radio——1
—
Motors
4% May
2% Mar
.
33%
.
*
1
American Co
Oil
•
Jun
B82
14%
——.50
Light
Penst-Cola..jbo
4,000
11
21%
37
16%
loys
Co
Central
Dec
10%
JL
1
Nash-Kelvinator Corn
New
Dec
11
16
20'A Nov
,1
8%
10%
550
650
♦
Electric
Xl2%
Jan
com
Co
Television
100
6
San
System Inc
Graham-Paige
Laclede
Jun
16%
24%
71%
71"%
...—1
St
Motors
400
:
9%
\36%
6
10
11%
*
r
Curtiss-Wright
Farnsworth
9
1%
Dec
27% Mar
7,500
.
40 %
•
common
Products
2%
III—50c
1,850
11%
44
pfd——82
Mining
Steel
8%
12%
pr
Inc
&
Pacific
Sep
57%
xl2%
„.
Jtor footnotes see page ,48.
Jan
15
common-
common..
25
14%
I—I—10
common.—.
100
14%
23%
Atchison
Columbia
28
13%
—5
6%
36
16
:
1
Lines
Oct
May
28
.2%
Juri
23%
•
Corp..
__.___10
Topeka & Santa Fe_„___L100
5%
7%
*
Steel
2% May
15
cum
Alleghany Corp
Dec
Corp com.—
Cherry Burrell Corp
350
Dec
10
16% May
9%
16'
10
capital
9,400
7
53
Nov
55%
'
Telegraph class A_—_*
Mach
1%
7
Feb
12%
Stocks—
7%
common...
preferred
Util
Unlisted
400
33%
common
Biscuit
Yates-Amer
1,700
Inc common. —2%-
com
High
1%
—
L)
Piston
Low
77/b
IIZZIZ10
common
Borg (George W) Corp—
Borg-Warner Corp common...
Burd
Range Since January 1
..
1%
,
x37%
100
29
,
-
•
Bankshares
7%
—
Bruce
Wisconsin
1%
35
400
82
7%
*
•;
Jun
13%
24%
.1
Berghoff Brewing Corp
Binks Mfg Co capital..—__ I—III
Bliss & Laughlin
Union
10%
151% 151%
7%
3%
40%
Wieboldt Stores Inc
22%
151%
„
May
Wesunghouse Electric & Mfg com__12%
5%
—
Aug
14
2% Mar
6
—2
B. 24
*,
- 44%
common
17% xl7%
common....
Co
Steel
10%
100
Manufacturing Corp...
Barber Co
S
—.5
commcn
29
7% Mar
100
11
2.9
...5
(The) common
20
xl7%
Athey Products Corp capitalAutomatic
High
.*
common
Co
21%
■■*/'
common—
common.
Dec
400
3
34%
11%
__
25
—'
Corp
Jan
Western
»Shares
Low
B:
__
International Co Ltd ctfs of dep.
Texas
15%
for Week
of Prices
Sale Price
common
Aetna
Allied
>
capital stock
Co
Nov
Sales
Range
Par
:150
8%
13%
6%
1
&
Nov
24
Chicago Stock Exchange
STOCKS-
23%
40
•
__
•
common
Swift
U
Last
'
5
Mach Tool
Union Carbide & Carb capital
Air Lines Inc
■
23 V*
•
•
Jan
3
w
-
25
Corp
United
Friday
8%
Nov
Apr
40%
123
13%
24%
Apr
38%
38
123
6
Sep
51
*
—12%
50
23%
-
Jun
32
8
20
Sundstrand
10
Vermont & Mass Ry Co.—.—_
Westinghouse
160
*
Inc
United Fruit Co——
Shoe
5%
L_
5
Dredging common
Standard Oil of Ind capital
*
Webster
Torrlngton Co
United
5
—100
Association
Shawmut
Stone
2.50
6%
2
•
Standard
Rexall Drug Co
Rutland RR 7%
22%
Jun
5% May
11% May
26% May
23%
Jan
45
Jun
42
May
.-1*
%
^
Volume 168
THE
Number 4759
COMMERCIAL Jk FINANCIAL
OTHER STOCK
Week's
.Last
of America
Corp
Radio-Keith-OrpheumRepublic Steel
Corp
Rexall Drug- Inc
common
—
Scbenley Distillers Corp___—_
13%
3,800
7%
7%
1,600
26%
26%
7'A
26 Vz
5
10
Range Since Jannary 1
High
13
13%
-1
*
2%
l3A
_
Shares
Low
*
common
DECEMBER
for Week
of Priees
Par
Radio
5
Low
700
5%
800
29 y4-
30%
High
Feb
8
500
26% Sep
Members
New York Stock
New York Curb Exchange
£xchango
Chicago Stock Exchange
Detroit Stock-Exchange
17
17
17%
2,100
Standard Oil qf N J
Standard Steel. Spring—
25
_
72%
72%
73%
400
14%
!4%
100
20%
217/a
1,200
1'.
——1
Studebaker Corp common
Oil Corp
Sunray
Aw
United
Corp
Wilson,& Co
.
.
21
*
*
■
11%
2%
69% Feb
9 V*
American
Laundry
i
Mach_
Cincinnati
4%
Gas
Elec
&
Last
preferred
Cine
4: Sub
Eagle-Picner
Jan
19
Apr
Baldwin
15%
Dec
23
Apr
Rubber
45
Feb
26% Nov
100
5
Oct
11
332
23
Feb
29%
Jun
95
5
90
Nov
102 %
Jun
Crowley; Milner common
May
Jan
Davidson
Mar
74%
18
Consumer's Power Co common.
May
Continental
-
Bros
Jun
100
52%
Feb
65%
Dec
34%
Jan
6% Mar
10%
—1
Jun
5%
5%
100
5% Dec
6%
Jan
5%
5%
350
5% Dec
__
6
,--1
-
.73
Jan
Detroit
5
4%
4%
4%
928
614
10%
Apr
13
Jan
•Detroit Edison
20
20%
20%
20%
15
Nov
18
Jun
Detroit Michigan -Stove
—1
10%
10%
10%
6,397
600
Apr
10% Jurt
8% Mar
Eaton Mfg new common—
jElectromaster ____w—w
Federal Motor Truck.—
—4
31%
31%
4%
4%
6
6%
2%
3
.
5
7%
7%
6%
50
190
19%-
81
7
Apr
18% Nov
49
25% May
Cleveland Navigation
&
—
—I
Frankenmuth
60
20
7
20%
3
11% .Oct
Jan
60
100
10%4 10%
60
Dec
~4%
__1
_1
Mar
67A
20% Mar
21%
10% Mar
13 Ve.
400
31%
Dec
31% Dec
21,046
4
.»
2%
6
Dec
2% Deo
18
100
Jun
Jun
July
4%
Feb
400
200
22%
22%
10% Jun
Feb
May
4% Jan
Gar
July
21
Industries—
Wood
5%
5%
Feb
10
350
6
57%
_I
.23 %
5% Feb
Jan
52V* Feb
9% May
65% Oct
8% Jan
,14 "
*
48%
42%
_10o
41%
-
14-
13
125
48%
42%
16%
Mar
424
5
2,575
5%
100
3
3
3%
-640
—„___5
2%
5%
5%
5%
165
13%
13%
1,010
12%
•12%
13%
-400
.8%
9%
1,075
2%
2%
100
2% Nov
1%
1%
800
l%Dec
4% May
1% May
7%
7%
100
7
9
1%
1%
300
1%
1%
1%
400
1% Aug
1%
1%
1%
1,465
7
7
.1% July
7
Dee
Gerity-Michigan
Brewing
49% Aug
48% Oct
Feb
58
•General Motors common—
Feb
46% Mar
40%
50
146
5%
LaSalle
14
preferred _w_w_w_—50
4%
Lakey Foundry & Machine——1
5%
•Kroger 1st preferred———
Procter &
Gamble—
U S
*
Preferred
55
55
55
39
.
Feb
-6%
Jan
.8
Jan
Hudson Motor Car common—
*
50
Jan
57
Aug
Kaiser-Frazer
1
38%
Dec
49%
Apr
Kingston Products common—-—.—!
Kinsel Drug
1
7
*
121
17%
Dec
Hoskins
71% Jan
,»
42%
42%
42%
>7
42%
Dec
50
28
50
—_w_ww___:
Unlisted
Allied
—10
——
1
38%
Playing Card——____wPrinting common—
U S
82 %
10
64%
7
28
7%
28%
75
27
Jan
37% May
7%
60
-6%
Oct
24%
25%
316
23%
Nov
10'/a May
32% Nov
i5iy8 151%
255
Jan
Stocks—
Stores
——————
'
American Airlines
*
_i
——
r
••
Rolling Mill——i_ „—lo
100
American Tel & Tel
!
151%
25
32%
32%
32%
443
44
43%
45%
78
32 V*
Feb
45%
65%
10%
10%
11%
257
10%
Feb
14%
2%
Feb
&
Ohio_.
Cities Service
Columbia
—10
———_—_
Gas
:
Commonwealth
•
;
_
.
Southern—
&
—
—
General
Motors
National
Cash
"I"ZIZI10
—
Packard Motor Car
_
Pennsylvania RR
Pepsi-CQla
Radio
;——
—
—
Brands
Oil
Timken R
U
577/a
4%
'
1
—
7%
Feb
1
U
S
235
-41%
71%
19% Dec
Jun
29
Feb
92%
NOV
35%
—.
Radiator
—
r
.
24%
.
167
40% Dec
67% Mar
25%
130
24%
A
•
' '
■■
v'.'v
Akron Brass Mfg-
Week's
Dec
54% May
87% Oct
Los
;
-■
1
3%
Cliffs Iron
Nov
33% Jan
%%
preferred
Home
100
14% Feb
.20
May
300
4
Jan
10%
804
3% July
8% Feb
12
Oct
14
180
Investment
300
9% Nov
800
6
9%
6
1%
1,580
1%
200
Week'*
General
j
♦
Motors
commofc
Central
Apr
Jan
Certain-teed Products
45%
19
26%
Dec
33
Jun
2,162
12%
Feb
18
Oct
74%
387A
241
al08%alO8%
2
a3l % a31%
106
45% 45%
a38% a38%
100
58
58%
125
13%
13%
405
11%
11%
19%
42%
72%
Dec
34%
330
38%
*
(Un) —_—10
-Gray Drug Stores——Greif Bros Cooperage class A_
13%
._*
Feb
105% Jan
81%
Apr
42% Oct
_•
31%
Dec
Halle Bros
common—
__w
.
Preferred
19%
5
50
,
(Un)—;
——1
V Jones & Laughlin Steel (Un)__
__«•
f Kelley
Island Lime & Trans—
*
Lamson & Sessions.
McKee
(A
10
—
Metropolitan Paving Brick-.
4
Nestle Le
class
Mur
Y Central
'•
._^_1
•
A—
RR (Un)—
■_*
_
29
1
Clary Multiplier Corp
5%
—
Consolidated Engineering Corp
Consolidated Liquidating Corp
of America
Creameries
Packer
1
common
8
,t
•
(Nn)_
'
_
a33%
33%
Dec
Dresser Industries, Inc.
a
Corp
53
Patterson Sargent
Pennsylvania RR (Un)
Radio Corp of America (Un)__
Republic Steel
•
.*
•
(Un)
Richman
Bros
Standard
Oil
—'
■
Nov
Farmers & Merchants Natl
17
Jan
Farnsworth
39
Feb
39% Oct
May
15% Jun
Jan
35
4
29% Mar
874
11% Nov
510
10
115
24%
-
-
15
4% Mar
6'A
Sep
300
2%
Feb
120
4%
Feb
7% -Oct
Feb
a26% a26%
•
a41%
-
_
"
U
8 Steel
Van
Dorn
of
Ohio
common
Iron
common
—TO
«
(Un)
Works
L—
.
12%
Exeter Oil
.
♦
—
10
—1
—•*
6.66%
Hudson Motor Car Co
Hunt
Foods
Inc
common
600
Dec
6% Sep
22% Oct
Dec
5
•
8'A
Oct
49
-Aug
12% Jan
9y* Nov
61
Dec
48
Mar
80 Va Jun
19% Nov
May
100
9%
Jan
60
65%
Feb
110
90
NoV
3%
3,200
12%
13%
225
11%
3%
12%
11%
270
11%
Dec
18% Mar
125
2%
Dec
4% May
8%
Oct
17% Jun
3%
2%
2%-
—10c
al4c
al4c
al4c
65% Nov
A8% Oct
131
July
5% Aug
1.55 Jan
•
200
12%
22%
Dec
1.70 Jun
97%c Feb
14c
24C
Nov
8
Jun
Feb
8%
8%
10%
1,030
'Nov
15
Jan
18%July
5
41%
41%
41%
911
-40% Nov
51
Apr
1.10 liar
Jan
22 y8 May
10
115
115
Jan
1
,27
a73% a74
Mar
Kaiser-Frazer
23% May
Mar
Mar
39
Kern
16%
7
10
51
295
470
Corp
County Land Co
36% Nov
67% Mar
185
496
1,000
Jan
52
12%
10
Jade Oil Co
Jan
Mar
11% Jun
15% Jun
58%
1.15
32
Feb
95c
320
Feb
5% Nov
12%
10
Masoot
23% Nov
295
58%
1.05
1.20
15
Jun
Oil
1
—
1
—_1
Manufacturing Co,
Merchants
Petroleum
Co__
Menasco
Mallinson
National
1
-1
-1
1
Nordon Corporation Ltd
33% Oct
47
Oceanic
35
Pacific
12
15
May
Jun
89% Nov
Oil
Co—
6%
;
Finance
Corp common
Pacific Gas & Elec common
preferred
:
5%% 1st preferred
5 % redeemable .preferred
1st
1.35
;
1.25
4,873
17%
395
700
90c
1%
600
1.25
1.40
7,850
11%
11%
17c
11
11%
33c
2.80
2.85
4,700
18%
18%
30%
330
30%
30 y8
25
33%
33%
-25
,—25
Dec
15
Nov
24c
33c
1.95 Mb
NOV
1,527
30
183
33
100
26% Mar
a26% a26%
75
,
•
Mar
26% Nov
Jun
70c
Nov
15% Mar
May
-
13% May
6% Feb
33%
30%
30%
1.55 July
July
11%
200
10
25
1.30 Apr
8% Mar
1
lie
300
33c
95c
2,200
U%
14% Jun
Jan
1% Jan
100
15C
2.80
1.60 July
14% An
1.00
17c
1
Fabrics
Northrop Aircraft Inc..
Occidental Petroleum .Corp
Apr
Jun
87% Oct
17%
—1
Co
17%
90c
1%
100
—
Lockheed Aircraft Cbrp
22% Feb
3,087
1.05
Jun
7% Feb
12
8
a41% a41%
—
—
Jun
Feb
60c
300
6%
Feb
60c
700
60c
7JA
Corp
-1
Independent Exploration CO—
33 %c
Intercoast Petroleum Corp ________10c
Hupp
34%
41
10
a
300
Bk——;-100
class A common--—*
43
336
150
31% Jan
20% May
65% Jun
52% Nov
10
Corporation (The) —
Motors Corp common
Garrett
Feb
363
10
13
152
800
Trie 6s Radio Corp——1
27% Feb
a26% a26%
9
10
Youngstown Sheet & Tube_.
3
500
a50
1
Co Ltd class A_—
26%
a41% a4iy2
a71% a72y8
4
*
i—
13%
Jan
15
Jan
4>A
13%
20% Mar
29
13%
13
19%
Holly Development Co
25
580
28%
a52% a54%
5
5%
a50
Jun
210
84% July
19%
56
17
9Vt Dec
Feb
—50C
Feb
25
26
135
Hancock Oil Co
17
131
3,600
Jan
25
—50
2,125
9%
48
75
9%
21%
40% Mar
36y8
•9%'
Jun
May
6
36y8
8
Aug
13% Jan
••9%
140
57
Mar
6% Nov
•16%
20
110
20
6y« Feb
-
I—1
43
•
Nov
1,547
1,716
5% Apr
16 V* Dec
-2
-10
Goodyear Tire & Rubber Co common—*
28%
Jun
7%
12% Mar
Jan
a33%
Feb
13
55
7%
28% Jun
18% Dec
7%
_*
——
43
4%
28%
10 %
3,494
20
_,
Aircraft Co Inc.—
66
5
a33
18
4>
—
——_—
Lincoln Petroleum Co
Oil
17%
612
'
Ohio Edison
Ohio
21% Feb
7%
Feb
13%
4% Sep
90
18%
14%
83
1,950
7%
25
600
4%
al8%
Dec
-
Sigh
Low
4%
a20% a20%
j*
Dec
70
Range Sinen Jannary 1
High
1
•Colorado Fuel & Iron-common—
Jun
13
a53y«
11
13
13%
—
20
19%
32%
4%
4%
9%
—2.50
Corp
;Nov
42
-■
Shares
a25% a25%
•
.•
300
12%
Sep
all% all%
6%
7%
7%
—
.
111%
6
Natidnai Tile & Mffr—w——
N
-
4%
_i
—
378-
32%
32%
4%
•
17%
Dec
13
•
class B—_—_i
G)
12%
Sep
Low
a20%
13%
a32% a32%
7%
2% May
2% Jan
for Week
a
-31% Mar
-50% Mar
102
*41%,a42%
Industrial Rayon
Corp
Chrysler
General
.
1%
Jan
12
Nov
1% Feb
Sales
Range
Inc— -33 ya
Corp———
Jun
12%
Dec
Douglas
Firestone Tire & Rubber (Un)^
General Electric common (Un)—
16% Oct
Feb
12
24% Jun
31%
*
Mfg new common,
1
Corp„
Oil :Cofp„
Broadway Dept Store
Byron Jackson Co
Chica
158%
147% Mar
*
Eaton
'6Va Jan
Oct
3%
ef Prices
____10
Appliances
Diamond
Feb
2
25
—
Dec
Blue
Bolsa
8%
72%'-
72%
Feb
4
•
147
16
3%
16%
1%
200
196
32%
15%
"
Jun
16%
431
„
a27% a27%
16
3
200
a9%
32%
$4.50 preferred __;
—100
Cleveland Electric Ulumin com—_w—•
4
18
.a8%
-J
common
High
Loto
245
151% 151%
Jun
25
600
SatoFriea
common—
Bros
Bendix
Range Since January 1
Shares
4
16%
.
Cleveland
Barker
'
3%
Jan
3%
•
Angeles Stock Exchange
Petroleum Company—
Bandini
Low-High
Par
■
i-—■——5pe
American Coach & Body—
5
American Tel & Tel (Un)——100
Apex Electric Mfg common.
1
cnesapeake & Ohio—
_——25
City Ice & Fuel
—______w*
2% Feb
4% Feb
1,672
4
6
FrMay
for Week
w
Jan
Jun
17
July
9%
i%
1
Jun
33
Sales
Range
of Prices
Bale Price
2
9%
Sep
3
!%
1
Basin Oil Co—
Last
'
'
2% May
•
Exchange
Friday
1
STOCKS^-
13
Jun
2% May
14
Par
.
Sep
1% Nov
Jan
10%
10%
,1
1—
common——
stocks—
Cleveland Stock
15
Dec
8
Jan
3%
1
...
common—,
Warner Aircraft
Jun
72%
42
Dec
5% May
3% Jan
Laat
—Z12Z50
Westingnouse Electric
"
'
9
15% Jun
22% Jun
NO?
Jul)
24
20
1
69%
25
73 %
26%
13
16%
—10
—
25%
3%
3%
"—2
Manufacturing
Tivoli Brewing CoName changed to
Altes Brewing Co
Udylite Corporation
Jan
15
6% Nov
>5% -Jan
Dec
12 %
825
25
25
Davis,
Sheller
22% May
23% Jan
5%
200
Scotten-Dillon
41V* May
133
20%
72%
_Z—
B__
Nov
7%
235
.26%
73%
„„—10
Steel
S
13%
19%
20%
—-
16% Feb
55
13
*
31%
Mar
2y8 Nov
982
4%
Chemical
Pfeiffer Brewing common—
Rickel (H W) common
——.
46% May
5% May
25% Feb
72
50
9
Mar
2%
Sep
4
250
4»A
Packard Motor Car common—
Parke
42% Jun
65% Oct
13%
2%
2%
-2
4%
100
13%
10
Peninsular Metal Products
'
.
__2V2
Corp qommon
National Stamping
.Park
!
'
1%
—1
_1
common
Wayne Screw Products com____.
ZZZZZZI25
*.
105
4%
16%
31%
.
50%
15
16%
—
(Ohio)
35
Mar
34% Mar
4% Mar
260
58%
9
32
95
38% -39
4%
i*
—
•;
31% May/
35
—
Standard Oil (NJ)__
Standard
Feb
Feb
•
Corp
Standard
24%
,
Screw Products
Murray
3V2 Jun
21
33 %C
———
Oil
Pure
j"
364
,v
0
.
200
ZZZZZZ.50
—_
4% Feb
25%
25
_»
Register——
190
12% July
31% July
39
—
3
7%
-27%' 28%
27%
•
1
Electric
General
158% Jun
31% Dec
50
3
7%
—.'
25%
;
Mar
A*—
2
common
Michigan SteefeTube common
'
3
_I—1—1
Curtiss-Wright
7
Dayton Power & Light*
Fed Department Stores-
148
Manufacturing
McClanahan Oil _*
Jun
Chesapeake
25%
common,
Wines
Masco
Jan
Jun
American
Lamp
"4%
1
_—*
.380
40
•__■*
Hall
common
Feb
17%
,64%
64%
.—
1
——1
10
17%
Randall class B_—____—w—
w__
Corp
Goebel
Graham Paige
Magnavox Co _:
:
Apr
8% Nov
21%
Jun
86
Jan -t
35% Jan
32
July
2.7%" Sep
?»'»'t
For
footnotes
see
page
46.
•
12
66% Aug
16% May
35
Brewing
Fruehauf Trailer common—
,
Jun
130
200
30%
7%
236
19%
60
Apr
Apr
17%
30%
12-
A 7%
*
10%
53'A
15
■
7%
Nov
7%
695
7%
*Partic preferred
100
Hobart Mfg Co common-—10
Kahn
(E) Sons common——'
*
5% Dec
8%
53 %
30%
5%
74%
8%
2% Jan
s30%
__
—*
5
—
High
Feb
12% Feb
191
195
150
11%
:_——10
common——
5%
8%
13%
15
11%
*
Hatfield-Campbejl
5%
2%
1,100
.8%
—
—i
Motors
LOW
2%
13%
'
.
Range Since Jannary 1
High
hi,.2%
.
—
-—1
common—4—
5%
74 %
__
Burroughs Adding Machine com— —*
-2%
Chrysler Corp common
23%
50
——:
—1
Brewing Co
Dec,
14%
95
*
www.
Altes
32% Jan
24
37
174
Low
—1
27%
5%
Crosley Motors
Dow Drug common
Allen Electric common
5%
5%
Shares
1
Par
High
110
16
23%
25
Co_
Range Since January 1
<
26%
27%
100
—.
Bell Tri——
(Dan)
16%
*
8.50
Cincinnati Union Stock Yard—
Cohen
.25%
15%
Sales
for Week
of Prices
Friday
Low
24
Week's
Range
Bale Price
STOCKS—
High
16
24%
_——*
_
Cincinnati Street
Shares
of Prices
Low
*
—
^
Detroit Stock Exchange
for Wedk
—20
common
*1
Sales
Range
i—8
i
Burger Brewing w_.
.'_
Champion Paper & Fibre
Churngold Corp
.___
'
37/a May
17% May
Exchange
Week's
Sale Price
Baldwin
Telephone: WOedward 2-5525
15% May
Feb.
DETROIT
Building
Jun
29
Feb
2y8
Ford
15% May
Feb
10% Nov
-Last,
;; ,par
.
Jun
11%
Friday
•
STOCKS—
91
,16 % Mar
200
—
Cincinnati Stock
■
Jun
9,700
11%
23
14%
1,400
2%
U%
11%
11 %
j~1
__
common
Feb
6k Co.
WATLING, LERCHEN
'
33% Oct
7% July
32% July
Nov
5
,
Jun
15
11% May
6% Oct
23
Feb
•
15
8occny Vacuum Oil Co Inc_.
39
Sales
Range
Friday
Sale Price
(2463)
EXCHANGES
GRANGE FOR WEEK -ENDED
STOCKS—
CHRONICLE
,
i
^"
1|^
tilr
40
THE
(2464)
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Week's
Range
Friday
-
.
Par
Pacific
—_
Petroleum
Republic
Oil
Reserve
Co
Oil
51%
25
24
47% Mar
55
100
42
57 ¥2
Jun
32
Texas
Jun
Dec
July
25
1,290
6
1,657
3%
Sep
6%
5
5%
1,400
5
Nov
Tide
75C
•
80c
700
27%
26%
5%
5¥a
8
16%
16 %
16%
1
2-
17
17%
554
3,038
Nov
15%
1,740
28%
Mar
60c
195
1
Company
22
Jan
Union Pacific Railroad
Mar
Inc
Stores
Finance
Seaboard
Sears Roebuck
Co
—
k Co,.,——
Security Company
Shell Union Oil Corp.—
Sierra
—*
38%
39%
30
47%
48%
15
Trading
25c
Corp—
Signal Oil 8c Gas Co class A
;—1
•
Aircraft
Solar
Company
22%
1
Calif Edison Co
Southern
28%
4.88%
cumulative..
convertible
—25
4.32%
cumulative
——
23%
4.56%
;
3,584
9%
9%
Southern
6%
Calif
Southern
class
Pacific
Standard
Oil
6%
15%
26
605
26%
312
24%
24%
1,043
27%
27%
1,255
26%
Rubber
8
Woolworth Co
28
class B preferred
25%
•
$1,25
preferred —T
conv
Transamerica
Corporation,
Transcontinental
Union
Oil
United
of
&
Apr
34%
50%
50%
640
44%
Feb
64%
68
1,448
55
Jan
62% July
72% Jun
American
11%
11%
1,816
9% Feb
15% May
Baldwin
19%
20
1,120
19% Mar
23%
Bankers
Securities
10%
10%
230
10%
Dec
20 ¥4 May
15%
15%
150
15
Nov
17
Sep
10
Jan
Steel
Consol
2
Air
lnc_5
Corp
Oil
Nov
:
I
■•"I-.-v
/'"■
American Stores
Oct
Tel
Co—
Mng
Cons
Cons Chollar C & S
Imperial
Corp—,
;
Stocks—
Alleghany
Allls-Chalmers
Mfg
American
Power
2%c Dec"
70c
Ltd—_ —25c
2%c
2%c
4,000
2c
—10C
4c
4c
1,000
4c
———•
V
4 ¥2
May
5c
2%
2%
250
5c
Nov
'Jan
Apr
4 ¥4
'
27%
1,005
27%
Dec
41 ¥2 May
7%
8
758
6%
Oct
10
7%
7%
100
7%
Dec
10%
13%
14%
1,255
a53% a53%
50
American
Tel
100
al51%
Tel
Co—.
Co
Locomotive
5
-
Co————
386
25
Dec
31% May
United
Gas
15
Jan
37%
Sep
7
!
7%
'388
4%
Feb
11% al2%
82
a
10%
11 ¥4
45
12,588
10
33'/a
22
—5
33 %
21 ¥2
..
22
a8¥a
May
7%
10% Feb
45
Oil
Cities
Service
Columbia
Gas
Commercial
37¥4
Solvents
Commonwealth
&
•
Corp
Corp..
(N Y)
-
Consol Vultee Aircraft Corp
Continental Motors Corp
30% Mar
39%
21%
Dec
.11*
Jan
65
Feb
11% May
/
July
;';I
Allegheny
Ludlum
Class
A
Electric
— ——_
Power
Goodrich
:
•
(B F)
c
■;
i
r
Light Corp..
:*
■.
17% Nov
27%
Jun
National
100
Mar
69
Jun
National
Airways
2%
Pictures Inc__— /___
l
Pennsylvania Railroad Co
50
Pepsi-Cola Co
33%
Phelps Dodge Corporation—
25
Inc
Corp
of America
•
f
Standard Oil Co
Standard
(N
Oil
Studebaker
,For
.
Co
footnotes
32
50
/
17% al8%
62%
al5% al57%
177/a
17%
17%
13%
13%
13%
10%
9%
10%
15%
15%
16%
page
197/a
20%
1,257
19%
25%
-50
25%
22%
23
16%
Feb
45%
46%
10
102
10
¥4
61%
;
62
2 ¥4
7.,
206
•
287/a July
.7
27% July
50% May
39¥» Mar;.
10
Dec
10
62 ¥4
364
2%
700
616
19 ¥4
96
20 Vb
10 ¥b
July
Nov
707/a
Nov
Dec
•
19%
19 ¥4
19%
21
21
21
50% Mar
Feb
2
Jun
45% July
23% July
Dec
22%
Apr
Mar
25
Dec
25%
Week's
3% May
/
23¥a Mar
Feb
24
Sales
...
Range
of Prices
Low
for Week
Shares
Range Since January 1
Low
High
High
24%
25%
250
24%
13%
13%
357
13
10 ¥4
11 ¥4
161
10 ¥4
10 ¥a
10 ¥2
573
10 ¥s
Dec
12
Nov
24%
24%
10
23 ¥2
Feb
39 ¥1
Jan
9%
9%
25
7% Mar
10%
22%
23%
189
21%
Feb
34%
35%
55
31%
Nov
20%
21 ¥4
545
18%
Feb
8%
8%
50
6¥s
Feb
21 ¥a
21%
2%
2%
700
8¥a 7"
33%
8¥a
40
3
3
16%
7-
.
,
Dec
33%
Mar
Jun
19% May
14% Jun
Feb
Feb
12% Mar
8%
Brown
21%
Jun
Burkart
22 ¥4
'
May
15% Nov
16%
17% Nov
27 ¥4
380
4%
Feb
8%
Nov
450
18%
Feb
al6% al7%
184
16%
Feb
800
7%
Nov
22
a52% a52%
Electric
Motors
—1
Tel
9c
Jan
2 ¥2 Mar
3%
Jan
178
30
52 ¥a
Jan
128
30%
Nov
39 ¥a
Jun
8¥a
83/s
205
7%
Feb
10
70C
Mar
10c
65c
100
9c
<
5,500
Oct
9c
Dec
—
Jan
IV4 Mar
19c
May
■
50
13%
13%
11% Mar
15
Jan
31%
32%
171-
29%
Nov
39 ¥2
Jun
124%
25 ¥a
152
24%
Dec
33;
Jun
.
'
".31 %
Exchange
Week's
Sale*
Range
for Week
of Prices
32¥a
1
W4»
1
1
common
*
(Un).
—.10
Shoe
41 ¥4 Mar
57
May
Jchansen Shoe
34
671
32%
Nov
49 ¥a
May
Laclede-Christy
32%
535
25%
Feb
44
May
Laclede
Gas
8
Feb
15
Jan
Laclede
Steel
7
Dec
11
317/a
....
Jan
544
32¥8
13 ¥2
150 ¥s
;rV.
-7:
Oct
370
19
100
16
10
39¥4
57 ¥2
Sep
33¥a-Oct
Dec
227V4 '
24 ¥2
235/«
39¥4
57 ¥2
58 Va
31
Jan
May
27
Nov
33
Feb
276
51
42% May1,
66 ¥s Nov
3iy4Mar
246
,
Mar
19 ¥2
20
38¥2
39
Mar
42%
-1
2¥a
2Va
381
1%
Oct
2%
¥2
22¥2
22¥2
100
22%
Dec
40%
'40%
41 ¥8
304
39% Nov
common
22
Hr
Jun
Jari
15
'
7
"
20
13¥2
.
23¥2 May
24% Dec
.>
142
25
38%
-185
"
Jun
155 ¥4
Apr
100
Higtu.
.
19
Feb
27
10
27¥4
23%
__
...
r
-5
-50
International
Lota
50
.
—6
Preferred
Jan
17
151 ¥a 151%
10
10,
I——11
(Un)
Range Sine® January 1
19
__
common—...—10
common
Shares
High
17
__
151%
15
Common
-.
Low
....
-1O0
—
Griesedieck-Western Brew 2
Huttig S & D common—,
Hydraulic Pressed Brick common.
5% May
11% May
26 ¥a
34
19 ¥2 Dec
1,025
33
66
21
30
Nov
Jun
Feb,;
Mar
45¥a Jan
May
46
2,045
7%
590
-
2%
2%
220
2%
Dec
26%
26%
26%
323
22%
Feb
8%
8%
common
9%
243
8%
Midwest
5% May
33%
common
North
American
Dec
13% May
83
26
Feb
32%
Apr
Rice-Stix
1st preferred—
274
15
Feb
23 Va
Jun
St
Public
41%
41%
138
35
¥4 Feb
19%
a20
510
19%
:
40
40
,73%
21%
May
28%
Jan
52 ¥2
Jun
..
"
Securities
71V* Feb
85 ¥b July
Stix-Baer
17
29 Vb
Wagner
Mar
Feb
Jun
&
Fuller
Electric
"
""
Dec
^
3%
Feb
Dec
13
30
4%
17¥4 May
Apr
6¥2 May
32 ¥2
32 ¥2
20
19%
19¥2
15
18% Nov
23%
21
21
25
13 ¥4 Mar
22
1125
corn-
(Un)..
.
21
16¥2
17%
328
16% Aug
Jun
15
15¥4
19
17¥4
137%
Jan
7
Feb
10
15 ¥a
.100
class
A.
—50
131 ¥a 131 Va
~4%
common
:
common
15
14
18%
—
280
Nov
32¥4
Feb
15% Mar
110
13
•
46.
^
"■t V
•
45
, Feb
7 Dec
Dec
Jan
July
Jan
43
29% Mar
<5o
14J/4
45
,
45
34
4% Dec
179
32¥2
131
653
39¥a
Mar
14¥2 Mar
5
4%
18%
14
...
28
r
182
"■
4¥2
32%
common..
common
2¥2
30
140
5 ¥4
38%
Investment
Sterlinv Aluminum
38
334
875
*
32%
.
Sears Roebuck & Co
255
"1
73 3 b
'20%
Dec
47
common
Service
2¥2
13 ¥2
5 ¥4
10
...
Cement
17%
Louis
.—.20
¥2
13
—4
...
common
Portland
2
—5
...
Piping & Supply
Missouri
Oct
I—.
common
common
17%
a29% a30%
a
9 ¥4
31¥a
Sale Price
;
common.
31%
41%
Apr
Dec
31
7
common
Mfg
General
May
21% May
9%
&
Industries
General
Jun
840
.
Nov
8¥a
30 ¥2
1
Coca-Cola Bottling
Falstaff Brew common
Jun
40%
Shoe
Clinton
Jan
20
26% Feb,
Aug
6
'
common
Tel
Century Electric Co
18% July
13% May
Nov
9
24%
Nov
30%
Par..
63% May
17% -Nov
Aug
237/a May
2%
510
7
Last
STOCKS—
Apr
Apr
48%
9%
8%
30 ¥2
10
Friday
American
21%
,
*
■'
St. Louis Stock
American Inv
19%
13
V 4%
.
7
J—*
70c
-
Apr
Dec
13
.
36 ¥4
11% Mar
370
,
Sep
May
27
f
'
4
Apr
8%
21
ZL
7- .••",/
„„.—
60% Oct
4%
'III
21%
Toy
10 ¥2
15% Mar
327
21 ¥4
Jun
221
;
23
Oct
•
V;
',"T
'I/'•'
5
Co___
Jun
919*
3,690
17% al7%:
33%
33%
a
Radiator
Oct
Feb
60
;•
.
13%
1
19%
.2
5
24%
.
Jun
38
885,
1
13
25
Jan
Oct
Jan
48
8% Nov
504
.7%
__25
—„1'
28
36 ¥2
Oct
5%
w
13 ¥4 May
11%
22 '•
a56% a58%
15
,
;
Mining—
1
Standard Steel Spring..._.i
Westinghouse Air Brake
•
Westinghouse Electric Corp..
12.50
Oct
Feb
14%
8% ;
15%
7%
»
607
10
—
Jun
Nov
j,
465
14%
SuDply
Pittsburgh Brewing common
$3.50 preferred
Pittsburgh Plate Glass
July
25% Mar
.,
•
J)
see
Feb
5
1
41%
Jun
15
Nov
10
206
13%
42%
Dec
1.75
39 ¥a
307
'
40
;
37% Mar
115;
.
13%
II*
Corp-
3
ill:
10%
Feb
Nov
51%
530
.J
Mar
11
.
8%
50c
(Ind)
<
32
34%
,
1.330
30
3%
a
Fuel
Fireproofing Corp—
McQuay-Norris
Standard Brands Inc
(
•
,243
.
•
Republic Pictures Corp
Republic Steel Corp
St Regis Paper Co
Schenley Distillers Corp
Socony-Vacuum Oil Co
Southern Railway Co
f
.
I" 1510 '
11%
1
Corp...
4l¥e
5
Renner Co
Jan
203
8%
.
Radio
Feb
48 ¥a
Nov
-2iya
10
Nov
15%
Feb
•
Radio-Keith-Orpheum
20%
214
.1
23 ¥4
145
42%
•
Company..
4,771
23%
•
Co
Pittsburgh Screw & Bolt Corp—
195
8%
21 ¥2
23 Ys
__
1
Jun
9% Feb
.
56%
c
38
20 ¥2
23 ¥2
lo
Aug
56%
•
American
Paramount
37%
20%
5
common
16 ¥»
875
.>TT
Co
new
26%
9%
•
22 ¥a Mav
_lo
/
Feb
,20
9%
ZZ
20 y8
Feb
*
Feb
175
200
.
a42% a42%
a
?
Dec T
16%
13 ¥2
4%
10%
245
lo
17¥a
4,331
•
July12% July
29%
.100
2,150
par
13
■' a23
11%
__
Oct
July
Mgiy
17%
Sale Price
Feb
29%
.
8%
18
;.
7%
150
880
:
7
North American Co
1
33 ¥4
56%
5
7%
16%
—,
9%
•*
Feb
5 ¥2 Mar
May
17 ¥a
13¥2',
Dec
8
•3%
Northern Pacific Ry Co -.——I
Ohlo Oil Company
Oil
50
29%
_
4 ¥2
42
1,345
•
25%
7%
a387/B a39 %
a57
7¥8
*
699
25%
a38% a39%
*
13
16%
.10
Gas——
Mountain
10
al3%
—r
Star
Feb
a20 a20V2
s—
25 ¥a May
Oct
T 17 ¥g
——
Manufacturing
Lone
6%
%
—.1
Pure
•Joy
585
a39%
Inc..
Pullman
Oct
Jun
7%
•
Motor Car
3%
24%
16 ¥4 Mar
10%
Corp..
Distillers. Prod Cjorp
Packard
Feb
21 % Mar
Nov
a29% a30¥a
__7
Dec
9%
*
Harbison Walker Refractories com
8%
10%
a42%
5
6%
7
Oct
17 ¥2
50
Brewing—
910
a56% a59%
Magnavox Company
Montgomery Ward & Co Inc
;Pan
2%
'28% May
Dec
Pitt
9%
1
Inc
Nat
25%
177
■7%
Co
65%
Jun
25
25 ¥a
92
:.n%
Nash-Kelvinator
•
Fort
a20
a 39
Corp.
McNeil & Libby.—^—
s
}
Follansbee Steel
Jun
San
•
__
i New York Central RR__
North American Aviation.
,
Duquesne Brewing
Jun
T4¥2
1,375
Corp .£
j
'
Apr
63%
Feb
a22%
International Tel & Tel Corp„
Kennecott Copper Corp
Loew's
Nov
3
10%
47/8
1
Electric
&
Mar
8
Illinois Central RR Co J_—
Interlake Iron Corp < j_.
Int'l Nickel Co of Canada.
i Llbby
Gas
10%
7%
—5
Graham-Paige Motors Corp
Greyhound
Columbia
33
25%
Great Northern Ry Co preferred
<
{
May
7%
.—l
___
General Electric Co
General Foods Corp
General Public Utilities
i
,
&
19
61
':
51
—*
Electric Bond & Share Co—
■
Mar
a55 % a55%
I—_I l
common.
235
50
:
Steel
Co.—
62
7%
Curtiss-Wright
272
10%
18% May
Jan
56%
;•/ 50% Mar
1,315
Nov
:
" Z
190
3
5
18
10 ¥2
*
7;
588
a22¥a a22%
.5
17 ¥2
58 ¥s
Last
9%
:
„
.58 ¥4
10
Mackintosh-Hemphill
1
57%
13 ¥4 July
15 ¥2 Mar
49 ¥a
Friday
a 55
:
a22¥a
Mar
7
•
789
422
•
STOCKS—
10%
1
Continental Oil Co (Del)
r
'
283
16%
52
Pittsburgh Slock Exchange
28% Mar
47
10
8
65 ¥a
Nov
16
com
——
44%
25 ¥a
*
SC 7%
11% May
Jun
Feb
8
50 ¥2
50 %
Improvement
Oct
.300
al7¥a al75/a
H25
Crown Zellerbach Corp
Curtis Publishing Co (The)—_
Corp
'•
0
13 ¥2
1
10%
''4-4-''''
;
Company-
Co
'
1
0
595
•
43%
Hio
Southern
Edison
135/a
a54%
,
Inc
Edison
13%
Apr
Nov
50
200
Jun
•
Company
8ystem
Commonwealth
Consolidated
.25
;
74%
66 ¥2
¥4
8%
Co—
Blaw-Knox
Canadian Pacific Ry Co
Caterpillar Tractor Co
Jun
Dec
54 ¥2
Dec
Feb
8%
Jun
17
11%
52 ¥2
*
16% July
,/
Feb
27%
20
Apr
158%
207
70 ¥4
50
Jun
110
a8¥t
High
27¥a
1*7% Mar
1,711
12%
70
i
Dec
Oct
17 ¥s
*
Nov
600
.
151% 151%
11%
21 ¥2
395
•
117% July
49% July
33
460
-
a55% a56%
a8Vs
12
600
44
•V*
•
(The)
Dec
91
a337/8 a33%
Us
.
7%
182
255
~
,8¥e
common
Westmoreland Inc
i
280
21%
21 ¥2
8 ¥s
Corp
-
Low
High
70 ¥,
common
United
7%
Low
Scranton-Spring Brook Water
Service Co common
...—;
Sun
44
,
_<■
— ——
Scott ■ Paper
*May
157% May
Sep
al03
Range Since January 1
Shares
53%
common
Jun
11
...5
Eorg-Warner Corp
Reading Co
46 ¥4
7%
'"'t
.100
—
Oct
40%
38 %
Sales
for Week
3
Gas
&
Nov
7%
.—5
Bethlehem Steel Corp
El
Feb
37%
Jun
Exchange
Range
10
preference
34
al01%
3
——
div
32
25%
11 ¥2 May
49%
•
common
170
J-
,
-.13
Corp
Service
$1.40
65
148 % Mar
778
Feb
Sep
Mar
167/b May
Mar
Corp
45
25
Ry„100
25
Works—
RR
—
7%
44%
-_5
a37% a38 %
.
10
Refining Co—>
Avco Mfg Corporation (Del)-
48
May
10
of Prices
50
Corp
a33% a34 %
,
50
Atlantic
Boeing Airplane Co
al51al51%
*
—
Copper Mining Co
Armco Steel Corp
Armour & Co (111)
1
Atchison Topeka & Santa Fe
12% Mar
1
24% May
33
Jut*
405
11%
Brothers
Public
May
27%
,y
Dec
2 ¥2
Corp
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg com
Philadelphia Electric common
$1 div preference common
Apr
8c
'
Mar
2% Nov
23%
45
21 ¥2
Pennroad
Apr
1.80
Feb
•
Anaconda
Budd Company
Nov
-1
American Woolen Co
Co
2%
Motors
Philco
Co
Refin
Ohio
210
1
-
14
&
May
-
t.
Oil
Lehigh Coal & Navigation
Lehigh Valley RR
.........
Oct
Light——_—_—*
&
Aviation
Gimbel
10
1,000
—*
Barnsdall
44% July
Nov
1,300
Smelt
Bendix
Nov
5%
1.30
American
'Baltimore
35
2%C
1.30
American Radiator & Stand San Corp-*
Baldwin
General
1.20
10c
1
—
&
Si
86%
2%C
—
—.
Airlines
10
Co."—,.
;1
Corp
American
67% Mar
2%
—
Mng Co..
Mng
Deevlopment Co
Unlisted
13%
38% July
25
595
-
,
20 ¥4 May
TOO
14
Dtec
a7%
13
Feb
'.
7
Nov
16
45
151%
Works
Nov
,2%
Zenda Gold Mining Co
:
36%
49¥4 May
100
24%
*
Dec
a5%
Feb
9%
276
24%
100
i
& Tel
Budd
■
Alaska Juneau Gold
Mammoth
36%
a5%
38 ¥2
July
Apr
16
"■ Par
;
9%
878
3% May
'
Jan
21%
72
_1
Western Air Lines Inc———
Black
71%
71%
10
19
Feb
160
39%
Sale Price
STOCKS-
•11
2,693
:
29%
30
Nov
2¥a
a7%
4,869
10%
10
29%
Feb
9%
24%
participating preferred
Company
Chrysler Corp
Curtis Publishing Co—
Delaware Power Si Light—
Electric Storage Battery.—
10% all%
a
_•
Co_
Mining Stocks—
10%
common—_25
23%
16
45
Locomotive
•
50
alO alO¥»
Last
Feb
i
Western
California
States
Universal
—_
92 ¥2 Aug
179
FridayWeek's
33
10%
Nov
16
Feb
32%
50c
common
Oct
83
500
2%
al0%.
6 %
Textron, Inc
¥» a23 ¥4
iia Stock
12
25
Inc.
Jan
184
11%
Apr
43
"
July
28%
33
1
Oct
25%
Jun
•
common
9%
Dec
NOV
-
10
all ¥8 all%
2 ¥4
(F W)
•
-
all ¥8
Nov
18 ¥2
,
Mar
33%
a
a84
3.9%
Pictures
33%
a33
375
(Del;
29% July
34¥4 Jan
33%
572
a 23
Inc...
Westinghouse Electric Corp
Willys-Overland Motors Inc
Oct
6%
Jun
68% July
Jun
32
37 Yz
7%
18%
40%
a84
Co
Bros
Feb
18 ¥2
Co.
30% July
/
24% May
22% Jan
27%
Lines
Feb
19 V*
14 ¥2 Mar
May
27%
U
Warner
May
32%
Feb
Mar
26%
,
Corporation
49 y2
30
7 ¥s
Western Union Telegraph Co,
Jun
55c
Peb
8%
25
24%,
25
—
Calif
of
215
Sep
27%
—25
pfd
A
Company
Co
Sunray Oil Corp
4%%
Co
Gas
preferred
22c
Feb
25c
1,448
44¥2
Oct
122
300
29%
Feb
20%
25
•
pref
conv
Nov
Mar
9c
'
preferred
42%
52¥3 May
1,000
28%
'
,-25
4.48%
1,300
Air
Jun
28%
30
30c
22%
9%
com—25
Ltd
160
27c
27c
9c
160
_—*
Signal Petroleum Co of Cal
Sinclair
Oil Corp
9c
20 ¥a
High
66%
Feb
140
40%
18%
Co
Aircraft Corp
United
20% May
46
91
—
Dec
15% Apr
32% Feb
95
a37% a38%
16%
United
United
Safeway
53%
.....
Jun
7
Fox
Carbon
&
Low
238
24%
24%
;
Carbide
Range Since January 1
High
a61% a62%
IlO
—
Twentieth-Century
Union
1.30 May
4 % Feb
465,
Co
Associated Oil Co.
Shares
a55 a55%
_*
Tri-Continental Corp
Jun
49
Water
Low
..25
Company
Gulf Sulphur
Texas
7% May
common
for Week
of Prices
Par
Feb
425
42
Sales
Range
Sale Price
STOCKS-
High
Feb
"
1
Corp
Aeronautical
Ryan
a49% a50%
42
49
100
5
Ranch Oil Co
Rice
Richfield
Low
50%
Week's
Last
——.—*
common
Con
Inc
10
Range Since January 1
2.50
Gas
&
Drug
DECEMBER
Fridaj
Shares
High
50%
,.*
-10
1
Pacific Western Oil Corp
Rexall
Low
——i0
Indemnity Co
Pacific Lighting Corp common.
EXCHANGES
ENDED
for Week
of Prices
WEEK
Monday, December 13, 1948
Sales
Last
Sale Price
STOCKS—
FOR
CHRONICLE
.»
,
/May
32¥2 Dec
23
July
17% May
55% July
Volume 168
Number 4759
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2465)
41
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDED
DECEMBER
10
Friday
PACIFIC COAST SECURITIES
Salt
for Week
Shares
Co.
(R G)
Inc
Lockheed
Loew's
*1
(Un)
14 WALL
Telephone BArclay 7-4300
SAN FRANCISCO
Macy & Co.
Magnavox
»
Martin
(Glenn L)
Matson
HONOLULU
-
Navigation
Menasco
Mfg
M J & M
San Franeisco Stock
Exchange
Week's
Last
Range
Reduction Co
(Un)
American
Factors
(Un)
Ltd
Radiator. &
Amer
Low
•
American Airlines Inc
(Un)__.
Stan
193^
4.1
San
20
(Un)
•!!
r.
*
American Smelting & Refining (Un)__*
American Tel & Tel Co (Un)100
American Viscose Corp
'
American
Woolen
Co
(Un)——
(Un)
Armour
Atlas
&
Co
(111)
(Un)
Atlas
Avco
.
Corp (Un)
Imperial Diesel
Mfg
Baldwin
Corp
(Un)
Engine
Locomotive
(Un)
Bandini
California
of
Barnsdall
Bendix
•
Oil
Aviation
N
Corp
Bethlehem Steel
Broadway
Bunker
Corp
(Un)_
California
Canadian
t
7,
7%
Jun
3.60 July
Sep
45
Feo
38
Dec
Jun
•
39%
10%
11%
6%
Feb
2.50
2.80
11,206
2.50
Dec
4%
Jun
73
40'A
Sep
43%
Nov
64%
Jun
II
2,982
30
Jun
52%
Nov
9%
Dec
16% Mar
24 %
25%
25%
250
25
34
*
57
25%
Nov
34%
al3%
•
14
Jan
Jun
32 Va
Occidental
Ohio
Oliver
United
Pacific
Amer
'
System
cl
Dec
6%
1st
5%
redeemable
(Un;
Commonwealth Edison
Chem
Preferred
Pacific
Consolidated Edison
Co of N
Cons Natural Gas Co
Consolidated
1st
of
2nd
t
Tel
Pacific
Western
Oil
Motor
Co
Companies
Pennsylvania
Dec
Mar
1,157
68c
32%
1,255
31%
Nov
Apr
19% May
Utah
Cons
Giorgio
Pepsi Cola
Co
Fruit
Jun
A
Donnnguez Oil Fields
Chemical
Dow
Eastman
El
Co
Kodak
Dorado
Oil
Co
of
Works
RR Co
(Un)_
Tele
Prod
Board
Food
&
Machinery &
140
20 Va Mar
28
Sep
110
13 Va Mar
22%
Oct
27%
27%
Apr
260
10%
Feb
14% July
122
20
Nov
27% May
3 Vb
910
2%
Feb
25%
808
25%
Dec
3%
Oct
28% May
45
48
July
620
21
25
General Electric
General
150
40'A
49 %
Apr
Mar 7
Dec
9%
•
-
100
8
*
Nov
8
430
7%
Jan
9%
1,210
24 %
25%
5,640
95
7%
7%
96
95
7%
921
.
10
765
9'A
Nov
24 %■ Dec
16% Mar
10 Va
Jun
13
Jan
34%
Golden
4%
State Co
Ltd
Goodrich
(B F)
Co
common
Goodyear. Tire
&
Graham-Paige
Motors
Great
North
Greyhound
Ry
Rubber
102
12
Mar
20
Sep
12
Mar
19
5%
5%
27%
27%
a46% a48%
a43% a44'%
i3«/4
<
225
1,355
Bros
Hawaiian
Stores
Holly
Corp
Hudson
Oil
Motor
Car
47'
165
Oil
Co
Idaho
Maryland
5
13'A
30
50
Oct
44
Sep
Nov
Mar
18,000
'A
Dec
60
14'A
Jun
a
Orpheum
30% a31%
Richfield
Oil
Power
of
Ryan
International Tel & Tel
IXL
-
Mining
__
San
Shell
Kaiser-Frazer
Oil
Kennecott
Kern
Copper
Corp
Sound view
5
20%
12%
„
Oct
141%
Nov
17%
Oct
104%
Jun
Apr
25
49
10
a40% a40%
-J..
Jun
26
22% Mar
Feb
61
May
4%
4%
4'A
390
4%
Feb
5% May
8%
8%
9%
469
8'A
Nov
11% May
19%
20
987
19%
Dec
28
—
21
22
555
18%
Feb
26 y4 May
—
.
2%
2%
100
2 Va
Jan
3
746
16%
Dec
22
May
610
7%
Nov
22
Jan
May
Apr
41
Feb
58% July
55'A
Feb
75%
20%
Dec
29% Aug
a33% a34%
31%
31%
55
32% Nov
49 Va May
434
13
13%
3,186
a7
9%
a7%
9%
—
31%
,
*
1
13%
—*
9%
—
51 %
100
25
a53
51
Feb
42 >A
8
Feb
15
180
7
Oct
215
6% July
32 %
26%
130
51%
32%
26%
—
26%
10
26 %
Jun
May
34
55
34%
May
Nov
-
285
31%
Feb
758
22%
Feb
380
34%
Dec
Jun
33%
octr
15% Oct
42%
3
Jun
34%
18%
315
18 %
Nov
24
15%
Jan
48%
•
•
27%
27%
28%
—
22
23 'A
23%
23%
—vr——1
—
(Un)
1—10
1—~——5
Oct
"
15
425
15'A
Feb
26 »A
Oct
290
23'A
Dec
34 Va
May
400
4'A
Jan
7%
Apr
540
—
!16%
12%
16%,
8c
39 %
9c
39 %
17,700
a37 a39%
117
160
160
a4% a4'A
22% 23%
17 17'A
25-25V2
1,824
28% ,29%
894
9c
—
a39%
i-
*
—
23
15
.5
(Un)
—
Jan
Jan
Spalding
11%
Jun
Standard
Brands
114%
345
302
<!'li%Dec
121/4'
63%
4,433
11
269
Standard
Oil
Co
Oil
Co
46%
Jun
Corp
a59% a60%
35
42y8
741
3
3%
550
Inc
a43
44
Va
40
10%
10%
720
&
53
Dec
20 %
Jun
Tide
Dec
72%
Jan
Transamerica
Apr
Union
Carbide
Oct
Union
Oil
Jan
United
United
Air
Nov
Mar
Feb
55
July
-
4 8'A
5%
48
13% May
16%
Dec
21
8c
Nov
21c
Jun
Feb
42
Oct
46 %
Jun
,
May
15
70
-30% Mar
122
4%
Feb
Feb
•
131/4
'13%
14%
370
13'A
Dec
19
Jan
16%
16%
17
1,248
16 V*
Dec
22
739
14%
Feb
23
Jun
1,570
24%
Nov
34
May
25 Va Mar
17'A
Nov
36
Jan
30%
Jun
24%
26%
27%
33%
33
152
23
Nov
28 Va
Jan
287
24% -May
28 Va
Jan
350
26%
Nov
29'A July
783
32
Nov
50
653
al3% al3%
28
28
20% 20%
40
24%
26%
27%
32%
33,
49%
20
34
Jan
32 %
Nov
34'A
44
Feb
62% July
14%
Nov
14 Va
Nov
Jun
Sep
150
22
Feb
30%
303
20%
Dec
29
Jun
67%
2,075
54%
Jan
73
Jun
a73 a73%
540
69%
Feb
90%
21 21%
15 .
15
a29% a29'A
725
16%
Feb
28% May
15
Sep
16%
Jun
100
31%
Sep
36%
Jan
55'A
469
52%
Feb
66%
Jun
65
35
Jun
23%
23%
24%
1,506
19%
Feb
32%
Jun
a
*
10'A
10
10%
9,181
10
Dec
13%
Jan
40%
40%
40%
680
38%
Nov
42% July
25
29 Va
"29%
29%
1,599
21%
Feb
38% July
a24% a24%
20
23'A
Feb
30 Va May
11'A
983
10
Nov
19
(Un)-.
com
—
5
(Un)
__
10
—
11
(Un)
2'A
*
Corp common
—
10%
2'A
2'A
308
25/a Mar
71 Va
72
505
68% Mar
2.35
2.35
200
1.00
10
25
a9%
1.00
10 Va,
26
a9%
276
276
15
93c
96c
2,490
6%
6%
1,370
Apr
3% May 87'/a
Oct
3 Va
Jan
Apr
20
„
Oct
Apr
55'A
Inc
of Del
Corp
Steel
Corp
—
6%
32 V* Jun
Feb
—
Carbon
Lines
—
220
15
common—10
of Calif
Co
a73%
—1
10
——-25
Corp
&
—
25
Oil
Ass'd
Water
—
—
25
(Un)
J
(Un)
(Un)
Company
United
N
of
—
•
(Un)
Aircraft
May
Apr
39% Mar
10%
—
•
(Un)
Co
23
38
Texas
(Un)
Calif
of
Co
Nov
3
a42%
McKee
Feb
60
18% May
32%
Jan
Swift
24
—
—1
——-*
1
Jan
14
65
60
28%
(AG) & Bros——
fa
Sunset
11%
—
(Un)—•
Pacific Co
Standard
1,065
Jun
(5
'";11%
'
.
Jan
May
24
,
11%
P10
Southern
Studebaker Corp
15%
40'A
34%
18%
—
preferred
preferred
21 %
Dec
:
18'A
4.48%
Conv
Oct
•
Jun
11 Va May
11
1
Calif Edison Co com
4.32%
Jun
__
__
61
Jan
Jan
Feb
.115
*
25
3%
25
3%
66
334
400
1.60
Jan
5% Aug
43^
__
47/8
400
4%
Dec
10 % May
61
66
1,716
52 %
Feb
al3% al3%
50
13%
Nov
22%
Jun
Dec
19
Nov
2,400
31%
31 'A
200
ioy4
10%
200
a30
a30
30
9%
__
33%c
(Un) _•
•
„
-
1
*
i5
9%
362
41c
41c
500
a37%
a38
60
__
„
>
41'A
31 'A
8%
25
78
May
Utah-Idaho
Vica
Equipment
Warner
8%
.
17%
(Un)
25%
5
Bank & U T
Westates Petroleum com (Un)
—
100
__
1
—
1
(Un)
6%
Jun
Jun
32
July
16'A
West Coast Life
West
Indies
Insurance
(Un)—--5
—
—1
Sugar
Western Air Lines Inc
(Un)
a21%
——1
Western
Western
Union
Westinghouse Elec Corp
16'/a
Department
Jun
Jun
8
307
43
40%
Nov
15
Feb
59% July
Dec
51
Jan
Apr
Woolworth
(F
W)
(Un)
(Un)
.j.
—
—
-—10
Yellow Cab Co common.—1
Preferred
—
12%
ijj.^.25
a44%
.
17
r
—.
17
&21% a21%
6lA
„
Stores
50c
Telegraph
(Un)——*
Jun
92c
42%
3,845
42
350
2,039
100
2.35
1.00
7%
24
9%
275
31c
4%
Nov
Dec
1.75 May
Feb
11%
Jun
32%
Nov
14
May
Apr
301
Jan
Mar
Feb
1.80
Jun
Jan
Jun
10
Jun
Nov
Jun
Sep
57
526
Nov
35
—
—
20
Fargo
Dec
10%
41%
Dec
Oct
Mar
2.85
Pictures
—
-t
Agricultuial Co
Bros
5
—25
Co
34
57
41'A
Nov
(Un)
Co
Un)—1
(
Company
Victor
Waialua
Wells
Sugar
41c
8%
8%
__
6V4
16 16 %
al.5% al6%
24% 25'A
a43% a44%
63i
6% '
211
21
20
13%
Jan
17 Va
50
19%
Feb
24% May
100
5%
Nov
10'A May
395
16
Mar
22 V* May
18 %
Oct
24% May
795
24
Nov
33 Va
Jun
,260
42
Nov
49
Jun
Dec
11
Jan
Dec
27 lA
Feb
62
750
117
6%
21
For footnotes see page 46.
—
55'/a July
140
class A—
(Un)
(Un)
Oil
Nov
1.60
County Land Company,.—
90
142
Mar
297
Pulp Co__
65%
10%
(Un)
__
56
141% 141 %
al5% al5%
—
47
1,600
:
Corp
Mar
1,321
930
.
56
2,243
21
Oil & Gas Co
51
58%
2.05
Corp
50%
—1
Co
OiL
Union
42%
11%
(Un)
49%
1,065
Inc
Mining—
Maurico
40 V*
l.go
(Un)
Sep
50
>
*
Stores
Safeway
Feb
413^
1
32%
15
11%
P2
Corp
27%
59%
—
S & W Fine Foods Inc—
31% Mar
10%
Co
Johns-Manville
Nov
20%
1
Aeronautical
35
a26% a26%
_
60
110
1.95
Canada
25%
a52%
58%
-
135
15%
/•
20
Nickel
680
„
a52%
58%
20%
——
Corp
665
10%
Co—
26%
16%
9%
—
Bros
Oct
(Un)„1
Independent Exploration
International
Apr
26%
8%
Riverside Cement Co class A
39
57%
__
Jan
Jan
146%
(Un)—
—_
a38% a39%
39
'■*
36 %
35%
29%
Feb
(Un)
of America
Nov
6.66%
Corp
Dec
Nov
—
106
*
Mines
29%
Mar
-
16%
Reynolds Tobacco "B" (Un)—
Rheem Manufacturing Co_x-
Preferred
Idaho
5,000
21%
33
*
5
•
Hunt Foods Inc__
30%
6% May
Jun
15 JA Mar
27
27%
33%
33
Feb
Mar
34%
39
7,966
1
Co
50
777
25
25
4.56%
conv
preference
25
So Cal Gas Co pfd Ser A———25
6'% preferred (Un)—————25
7"%
1
Honolulu
<
(Un)_l—
<Un)—
966
223
Southern
*
Development
Holly Oil Co
Sep
5
al8
33'A
Apr
—*
Hobbs Battery Co class A
Sep
4%
4%
27 %
Jan
al08
3
Inc
Nov
15%
33
8%
6%
7y8
(Un)_*
Pineapple Co Ltd
15'A
Feb
—
*
*
Incorp preferred
Republic Steel Corp (Un)
U S
Hale
Feb
12%
27%
31%
al08
—
10%
35
30%
33
—
Nov
5%
14%
•
pfd
30%
25 Va Mar
14%
(Un)—_*
(Un)
non-cum
570
Sep
.•
Corp
13
al8
„
—
-*
5
660
(Un)
4%
-•
337
100
common
12%
—
Apr
Jun
al3% al3%
(—
68c
41%
Nov
Signal
12%
a39
Nov
Nov
Feb
90
Sinclair
12%
a30%
3.50
Npv
32c
27 Va
130
Silver King Coalition
12
*
preferred
2.45
400
220
Jun
27'A
*
600
32c
33 %
22
12% July
400
common..
2.85
32c
32%
394
Feb
4%
%
Gladding McBean & Co————*
Jan
222
128% May
12%
—10
17%
24
103>A July
12
•
General Motors Corp
General Paint Corp
Sep
133
Dec
36
(Un)
9%
93Va
Feb
14'A
(Un)
Jun
.450
July
93
95
%
Co
27
133
91%
35%
Corp
Food
69
Feb
Jun
40%
.
38'/a Mar
22'A
22
505
95
—10
18% May
Feb
Apr
38
11%
100
Chemical
Feb
17%
—
Rayonier
26
18 al8%
9%
1
<Un)_—
9%
32 y4
100
23 %
(Un)
(Un)—
Keith
20
pfd
91
365
al8
16%
Ry Elec & Realty Co common
13%
Radio
pr
Jun
133
Pullman Inc
Sperry
Farnsworth
Fibre
-
17
-
13% May
Feb
93%
Jan
Radio
1
CO,—-y
Jan
15
23 %
44 %
Jun
3
a44ye
18% July
19%
Sears, Roebuck & Co
*
8V4
6% May
1-1%' Jan\„f.
r
-—50
—33%
(Un)
62% July
•
——
—
Nov
12% Feb
10
2.85
—.
—
1
65%
com—5
Capwell Co
Emporium
Eureka Corp Ltd
Ewa Plantation
9%
.
57
,
9%
—
1
(Un)
Nov
40%
10
al8
1,168
.
12%
57
*
__
common
'Unl
Feb
*
(Un)
22% May
Sep
•
(Un)
50%
a20% a22 %
15
J
52
Nov
6
*
•
32%
*
N
——
(Un)
35
22
•
1,082
17%
13% July
100
168
9%
(Un)_
57
—
J—100
54
44%
—5
Co
10%
,
12%
12%
Phelps Dodge Corp (Un)_
—25
Phillips Petroleum Co cap—
•
Puget Sound Pulp & Timber (Un)
*
Corp
7%
common
13%
97/8
'•
—
25
Sep
Radio
95
cl
13%,
al5al5%
10%
1.95
Sep
24%
Corp
435
Feb
May
37
9%
common —
Doembecher Mfg Co.
9%
Jun
11% July
7%
Class B
550
Dec
8%
680
6%
18c«
100
Mines
Socony-Vacuum
Di
n.
17%
9%
9%
13%
25
Corp
Paraffine
Sep
51%
10
25%
1
6%
common.——
com
54
5
1.45
1
Curtiss-Wright Corp i (Un)
17%
5
com
Paramount Pictures
38
1
——,
May
—
*
-
Oct
3y8
Corp common——5
51c
Jun
■
*
Tel
&
Nov
„1
—
Jun
Jun
B__
—
Park
Sep
11%
—*
preferred,
Jan
39c
163
•
pfd
Service
Jan
Nov
^
Preferred
j
1st
Jun
30%
,ri.«A
,
Inc_"
Amer
Zellerbach
Crown
Aircraft
(Un)
Mar
10%
25
Pan American Airways
al7% al7%
(Un)„•
—
Preferred
8%
A——*
Y
18c
3V8 Mar
10%
20
preferred
Pacific
35%
(Un)————a.15
Vultee
Continental Motors
Creameries
class
3,100
Jan
>—
•
<_—25
(Un)
Public
100
25..
Ind
23c
1.15
21%
Lighting Corp common
•
Pacific Portland Cement com (Un)__10
Roos
Consolidated
»
22c
31
1,430
15% Mar
10
class
Jan
9
50%
26
_•
34'A
1.85
170
Pacific
376
(Un) ___——*
& Southern
Jan
Mar
150
.
1.75
15%
1
1st preferred
51
330
a
a20%
17%
15%
100
a43% a44%
"
Dec
15%
(Un)_—10
preferred
5%
40%
32%
54
B—2%
12%
20-
10
a8%
•
(Un)
1,550
65
Aggregates
Apr
68 %
3%
System
Jun
12% '13%
May
14% Feb
1
Filters
Coast
Preferred
Co*.
19'A
48 % Mar
—1
Fisheries
Feb
45
a8%
a43%
Nov
400
(Un)
(Un)
Nov
225
2.50
10
9%
234
Pacific Finance Corp (Un)_—
Pac Gas & Electric common
a32% a33%
1
71
59,800
—
47
32%
a8%
all
18
—5
Pure
*
100
31
24c
j—U
..
;
16% July
Dec
a57
•
(Un)
28
1.35
32%
Feb
18
•
Petroleum
Oil, Co
100
32'/a
__
25
7
7
Apr
13%
a
36% July
9%
22%
17%
(Un)
May
a54 a55 %
a54
32% Mar
406
2,523
19c
—r_l
Cons
Ry
278
>
a53% a53%
25
3"%
1,520
48'/a
34%
a53%
1,150
7'/4
48 %
34%
Oil
1
7
'7%
*
Co
57
6%
__■*
20
Jun
May
a56%
common——Il00
Invest
Pacific
Packard
5
—
i.
Oct
a39% a39%
2.50
100
*
Solvents
Commonwealth
Dec
2.30 Mar
38
100
common
_
Gas
•
115
(Un)
Broadcast
4%
260
9%
(Un)
Columbia
16% July
30% Mar
Co
Columbia
17%
495
7 Colorado Fuel & Iron commOn
Commercial
Dec
Feb
20%
voting trust ctts—
Clorox Chemical
12
10%
9%
voting trust ctfs
1
20
10%
24 %
20
23'/a
a30% a31%
,
—
(Un)
common
Oahu Sugar Co Ltd
Oceanic Oil Co
Pacific
110
a
34%
—50
Ry
Co
Jun
12%
all % all %
20%
Chesapeake & Ohio Ry (Un)
Chicago Milk St Paul & Pac—
Service
Nov
333/4
1
Cities
7%
5
i
Chrysler Corp—:
9
Feb
26%
•
Preferred
Nov
4%
200
Celanese Corp of America
Common
5%
1,350
34%
Central Eureka Mining
t
1,205
7'%
341/4
{
J'
6%
30
2
Sep
124
3,315
y
<
May
Jan
May
a 20%
45
_1
Feb
Nov
May
15
2%
Mills
Tractor
24
32'A
119%
20%
all%
*
j.
Pacific
Feb
Dec
_
—
.Caterpillar
20
27
10
California Packing Corp
Preferred
Feb
4%
Co
Cotton
California Ink Co
/
Dec
89'A
2.98
_■
Cement
7%
140
(Un)
Byron Jackson Co
Calaveras
,
718
350
4%
Store
Sullivan
&
American
28
7
15
Dept
Hill
Amer
North
7%
2.92
...
North
Jan
102%
43%
,
May
70
'40% May
•
(Un)
a31
14
15
24c
5
Corp
Aviation
American
155
'5%
4i/2
60
220
15%
57% Aug
2.98
(Un)
Borg-Warner
Feb
Feb
43%
(Un)
Holdings Corp
Borden Co
50%
5
Bishop Oil Co
Biair
148% Mar
Nov
100
(Un)
North
North American Co
Jun
34%
___5
A
(Un)
16% May
31
a
' Nov
a56%
Natomas Company
i
N Y Central RR (Un).;
67
Jan
485
7%
Nov
*
10
Prod
.
__
1
Service
12% Mar
682
27%
all%
l
Co
Jan
,
34%
102%
a
13
100
Petroleum
Bank
r
.
27
Mar
38%
71/4
Baltimore & Ohio RR (Un)
,
10
Oct
37%
5%
3
Distillers
National Linen
Northern
a
__2.50
National
8%
10c
(Un)
(Un)—
Corp
Fibres
51 %
51
20
7%
al02%
5
(Un)
'
Nov,.
'19%
-
1,453
27%
"
100
;
14%
150
26'A May
34%
5
—
& Santa Fe
Top
High
Dec
6%
>.
" 180
151% I5is/a
'
Copper Mining (Un)
50
%Anglo California National Bank.:——20
Atchison
:
.
"•
a65'/a a65%
\
Anaconda
♦
410
19%
'
•
i
Lode
141
23% May
10% Apr
N
19%
14%
__
14
>—
Low
a53% a53%
-
Range Since January 1
937
7%
19%
-
.
Shares
20 Va
7%
Mother
National Auto
22c
(Un)
36
Dec
a9%
a31
—.
Feb
10%
22'/a
12%
18
1
(Un)
Co
Nash-Kelvinator
High
19%
„
Inc
-*
—
a
High
32
100
al6% al8%
__
1
(Un)
Co
& M, Cons
Mindanao
for Week
ot Prices
Par
Air
22%
1
Montgomery Ward & Co
Morrison-Kndusen Co
Sales
Sale Price
STOCKS—
al8%
5
Co
a8%
a31
__
1
McKesson & Robbins
Friday
.*
common
Calculating Machine
10%
al5%
Teletype NY 1-579
LOS ANGELES *
-
(R H)
Co
Marcbant
STREET, NEW YORK 5, N. Y.
76
al7% al7%
•
New York Stock
Exchange
San Francisco Stock
Exchange
Honolulu Stock Exchange
Los Angeles Stock
Exchange
and other principal Security and
Commodity Exchanges
Low
32
a8%
a8%
Range Since January 1
High
32
10%
7
Aircraft Corp
Inc
32
1
!
Libby McNeill & Libby.—
MEMBERS
Low
—10
Co
LeTourneau
&
Sales
Range
of Prices
Par
Leslie
Dean Witter
Week's
Last
Sale Price
STOCKS—
i
,,
?
a
"
42
(2466)
COMMERCIAL
THE
CANADIAN
&
FINANCIAL CHRONICLE
Monday, December 13, 1948
MARKETS
LISTED
RANGE FOR WEEK ENDED DECEMBER 10
•
Exchange
STOCKS—
•
Week's
Sales
Last
Range
for Week
Sale Price
STOCKS—
of Prices
8hares
Par
$1.50 preferred
$2.50 preferred
5%
preferred
Aluminium
—
class A
Oct
101
20
9
60
56
58%
853
25%
<
25%
45
Trac
Light
&
Power
6
6'/a
25%
26
Columbia
Forest
Products
Columbia
Power
Corp
4%
22
875
7.25
18%
2,307
25
1,105
20%
87%
90
3%
A__ *
26
26
26%
*
.3%
3%
3%
1,450
•
16%
17
75
5%
1,025
33
5%
33
common
Canada
Safeway
Power
•
Ltd
Steamship
24
.*
common
series
381
436
27
9
Mar
100
10
98
Mar
11
Mar
15
35% Mar
42
78%
Dec
145
23%
15
Mar
90
555
58
Feb
39%
15
-25
22
22
175
21
46%
30
44
25
26%
46%
26%
26%
140
25
140
•
-
140
30
•
V-
30,
57
10
325
2
.—;—
*\
36
Mar
32
16%
16%
9
13
13
34%
13%
1,310
10
2,915
91% Mar
30%
30%
31%
500
23%
23%
25
Feb
30%
131%
38%
Dec
101
10
100%
Nov
325
21%
Dec
102% May
27
Aug
15% Sep
__
18%
19
930
29
29
29%
310
27
Feb
21%
21
21%
915
16
Feb
21%
25%
265
23
Feb
28
25%
■
*
common
preferred
39
Il20
—_.—
38%
39
361
30
Feb
39
34
34%
385
32%
Jan
35
16%
16%
17
1,735
14
Feb
24
24
23
Mar
Donohue
Dryden
Bros
Ltd
—
22%
22%
Paper
21%
Wares
Goodyear Tire 4%
Gypsum Lime
&
Hamilton
4 %
5 %
Feb
99%
60
18%
50
May
18% Dec
25
18%
/
—1
22 % Dec
105
of Canada
29
Oct
16% Mar
15
15%
21
21
50
14%
14%
15
624
14
Dec
24
24
24
220
19
Mar
17%
'
14% Mar
125'
21
Dec
16%
17%
75
104% 104 %
72
100
10
107%
109% 109%
14%
14%
15
300
14
23
'
■
preferred
'
20
Apr
Feb
17%
53
80
50
Jan
53
505
13
Mar
325
6%
Feb
30%
30 %
325
23 %
Feb
47%
47%
45
57
57%
885
*
-50
57
19%
19%
11,397
13%
7
7
25
25
of
the
Woods
Lewis
Bros
Ltd
13%
1,036
44
43%
/,
35%
Mar
49
Lindsay (C W)
10
6%%
5%
1st
MacMillan
Class
class
Paper
&
Ltd
Co
pfd.
!
G)_
60
14
Mar
12
Jan
B
Oct
45
Oct
l.
20
May
27% July
29
:
May
28
Aug
24
Nov
25
Mar
28
Dec
1,990
27
20
21
195
28
26
'
440
1,136
20
23%,
23
y
25
reD
2d
36%
25%
25%
1,996
36%
;
36%
Jun
33%
285
50
38
21% Jan
Jan
Aug
37%
Feb
23 % Mar
25%
Dec
32'
38
Jan
Sep
Funds
Sales
Week's
Range
for Week
Shares
of Prices
Low
Range Since January 1
12%
12%
}High
Low
High
560
10
10
Mar
2
158
13%
Mar
4
Jun
158
17%
100
16
Apr
17%
Oct
40c
40c
500
35C
Aug
1.00
Jan
22
—
5%-
17%
.
5'%
158
..
„
22
22
Jan
'y'V/
"/:'/.
20
/
12%
6%
6 %
ill
111
360
100
Burnett
/
6%
Dec ~
163
Jam
Jan
22
Jan
Canada
&
Co
14%
Dec
84%
84%
35
Dec
92
Flooring
Dominion
62
99%
Oct
103
12%
*
Sugar
/;• .4
20%
20%
B
1
Jun
49%
* /
♦
Canadian
•
Ltd
class
Gen
Investments
Canadian Industries
7%
preferred
Canadian Ingersol
Ltd
/
'
Rand
Trust Ltd
Inter Inv
82
com—•
14
Nev-
Apr
50
Jan
18% Mar
5
3%
1
1.90
2.00
Paper Inv Ltd
com—•
2
Products
A____*
195
t
34
May
18
Jun
24%
Jan
162,
,
Jan
17G
61%, Jan
380
,.
Jan
Dec
Feb
19% Mar
2,400 /
173
25
31%
14
-
82
Oct
Jun
•-
,
23
Feb
12
44
.25
23%-
-
Aug
14% May
/ 15%
70
173.
7%
Oct
Jan
Jun
10
25
3%
V
Oct
17
77%
6%
Feb
3 % 1'
•
188
115
.
10
31%' '.A..
••
22%
.'
100
Co—___
*
—
3%
11%
1,075
14
17
17
•
common
—
3%
Nov
3% Mar
85
49 % '
31%
.
134% May
78% Mar
500
•
8% Aug
'*
Feb
2,389
-:
21%
14
*
Canadian Fairbanks-Morse Co —;
May
153
,
238
4'
12%
4
12%
Ltd
Canadian Dredge & Dock Co Ltd
Co
Canada Malting Co
Jan
100
74
125
158
4%!;
Apr
4 % Mar
158
"105?
1
Ltd—_
Canadian Marconi, Co
20%
84%
155
11%
200
,.
V
115
2
:
—
Dec
4%. Jun.
Mar
1.45
Feb
1%
1,100
Oct
82
Apr
3
July
25 % May
25
.
103%
103%
*
Hosiery
Nov
24% Mar
352
6%
4%
4'A
1
Ltd
Butterfly
12%
;
•
14%
815
21
Sep
*
8
8
200
8
Sep
13
Canadian
5%
Pr
&
20 %
95
20
Sep
27
Jan
34%
35%
Jun
1,898
29% Mar
39%
56
58
3,230
46
Mar
13%
12,820
11
Mar
16 %
14
920
14%
Nov
class
common——•
Lumber Co__
•
23%
.
55%
55%"
3
11
,
110
<
3%'/ -3%
•
6,600
/
45
3%
2
10
Mar
*14
Jun
Mar
25
Jan
20% Mar
50
56/
2% May
.
22
20
23%
■
134% 134%
———100
preferred
Canadian Western
Jun
13%
Ltd
2"
60
Oct
199
Oct
130
v,
Feb
,4% May
3%. Apr
70% Jun
12%
Silk
Vickers
7%
11
*
preferred
Canadian
Jan
%
13
13%
Canadian
55
10 % Mar
Catelli
Food
Products
Ltd
common—*
Claude
26%
26V2
25
Oct
112
90
1
Neon
,—.—*
Jan
19
16% Mar
21
25
% May
Commercial
25
65
22
Jan
25
14%
July
14%
230
14
Oct
15
33
12
115
16
115
Gen
Adv
Preferred
19
________25
*
15
com—.
115,
7%
_100
7%
7%
90
90
10
10%
7%
7%
90
*
Montreal Telegraph
Montreal Tramways
Aug
Dec
14
Jan
100
108
Nov
130
Jan
20
26
Feb
37,.
11
Dec
13%
Jan
25c
Oct
50a
Jan
preferred
65
Aug
37
11
11
50
25c
100
50
—————100
50
5%
—-.—_5
44
6
8%
5%
Alcohols Ltd common—
112.;
25c
com___—_*
Consolidated
Div
Paper Corp Ltd
7
Sep
8
Oct
90
Oct
5%
9
Feb
11
July
Crain
25
5
Mar
9%
Dec
8%
775.
/„ 120
.
46% Apr
.3% Feb
6%
Apr
7%
,
t
.?■
Oct*
SeD
9% Sep
19%
Nov
21%
Nov
Mar
23 %
Nov
Standard Sec
cl
11
•
11
-17%
100
3
35c
35c
100
35c
177/s
A—*
18%
5,165
,
15%
Sep
60c
Mar
14% Mar
•
Jan
July
21% May
41% Dec
Sep
20
50
23
960
14%
14%
14%
3,795
16
9% Mar
Apr
Consolidated
(R
Mills
*
Dominion
.
*
Woollens
&
Worsteds
Paper Co Ltd—_.—
Eastern Steel Products Ltd
19
270
16
Feb
35%
35%
21% May
35%
316
33
Nov
38
39.55
39%
871
38
Feb
40
Feb
20
755
14
Mar
21
Nov
Fleot
a50% a50%
20
Manufacturing Ltd
45
Jun
50
Sep
Ford
Motor
Foreign
*
38 %
21
535
9
Feb
.325
16
May
7%
50
7%
Apr
46
175
33%
Feb
38%
38%
715
33
13,%
50
207/8
21
1,108
7%
7%
150
1.25
150
"19
8%
46
Nov
Feb
Dec
Feb
39%
Jun
10% Mar
18%
Jun
197/s
Oct
23% May
6% Mar
10% May
May
39.50
•
41%
18%
1.25
•
7%
1">%
41
18%
com
L)
Dominion Engineering Works Ltd
Dominion Oilcloth & Linoleum
16 Va May
39%
18'A
45
•
——20
Textile
preferred
Ltd
Donnacona
18%
55
May
37
Consolidated Bakeries of Canada Ltd—*
90
20
19%
-100
18
115
37
22%
-40
*
Jan
Dec
100
22%
•
~25
Feb
12
Apr
570
20
•
16
8%
Ltd
Consolidated
10
L
665
38
•7 250
112
v
Chatco Steel Prod Ltd common__——-*-
Jun
'
325
12%
"
v—T
__—100
common
Jan
26%
55
12%
Westinghouse Co Ltd.——*
Cassidy's Limited
7%
preferred
14
Molson Breweries Ltd
Montreal Cottons preferred
Montreal Locomotive
99
Apr
27%
158
100;,.
Canadian
25 %
20
—-—
Murphy Paint Co
Jan
34%
30
12%
25%
32%
_
Dec
96
28%
*
Company common
Nov
20%
8
—100
—
Jan
35%
Nov..
A__*
cl
__—
Mar
(Robert)
21
Feb
25
com—•
Ltd
Packers
*
20
25
'
Columbia
Preferred
Nov
56
Mailman
Mitchell
17% Aug
55
36
'/
*
11% Mar
—
Sep
20%
/••■
.25%
__
23
Corp Ltd common
Massey-Harris
McColl-Frontenac Oil
50
.
2,741
25%
.20
175
B
19
34%
'
111
—
-100
class A
(T
.
B.
255
—
22% Mar
125
.
25%
_*
12
A
415
Nov
18%
31 % May
28
May
98
.12%
&.
Canadian
common
preferred
Export class
24
Nov
25
Nov
Mar
28 %
__
—
Ltd
Power
23 %
preferred
Jan
16%
24
41
Sale Price
12
MacKinnon Structural Steel
21
60
-
' Sep
8% May
98
__
10
Steels
Brown
Sep
July
Jan
34%
•
—
Mar
40 %
28
23 %
—
83
845
19
23
British Columbia Pulp & Paper
Preferred
.*.
Dec
.*
5
A)
82
17
33%
20
common—*
Lang & Sons Ltd (John
Legare 6%
preferred
Feb
Mar
5
206
Jun
Jun
8% May
67
72
28%
24 *'
33%
'
Nov
Jun
20
5 % Ma r
■
/
17
'
10
Class
May
9% May
15
common
825
28
__
28 %
;_U0
________—-_*
Lake
„
—
—.
Canada
*
International Utilities Corp
1
30
__
—
British
Jun
99%
84%
25
Jamaica Public Serv Ltd
Labatt Limited (Johni
19%
25
20%
:—100
International Nickel of Canada
International Paper common—
International Petroleum Co Ltd
PeQ
35
508
10'
Bright
17
9
preferred
16%
18 ;/■• ■"
992
10
Brand & Millen Ltd
Oct
111
-
16%
*
29%
101%
82
—-—10
Belding-Corticelli 7%
pfd
Belgium Glove & Hosiery 5%
Jan
8%
common
Dec
Apr
.
—'
Bathurst
Jan
108
16%
common_5
—
International Bronze
17%
29%
98
6%
25
■ -
11% Mar
15
80 %
25
Apr
Jun
17% Nov
25
79
100
—
•
27
155
,
29%,
6%
—*
—
common
preferred
Atlas
Nov
Oct
52%
100
Feb
Mar
98%
Last
July
Sep
9
preferred
Mar
12
81%
stocks—
18% May
25
53
*
22
144
Oct
July
29%
Friday
May
16%
common,.
25
50
35
Sep
49
.'
98%
Canadian
19% May
18% May
*
25;
Corp
17
17
% Mar
Nov
Montreal Curb Market
Jan
—_—*
——*
495
__
Toronto
Jan
20
50
*
17
85%
'
35
40
common—_„.._*
148
44
757
..•V-/
79
Royal
13% May
98
27
pfd inc 1927
Alabastine
_:
Acceptance
6%
Feb
11
16%
preferred
%
20
3,678
27
Bridge
Imperial Oil Ltd
Imperial Tobacco
4%
110
12%
205
16%
Howard Smith Paper common$2 preferred
v_—
Hudson Bay
Mining & Smelting—
Indust
21%
11%
12
100
General Steel
22%
A preferred——20
Estabrooks (T H) 4.16%
pfd _____-25
Famous Players Canada
Corp,—
;.*
Foundation Co of Canada
~*
Gatlneau Power common
*
5%
preferred __,—a.
—100
5 % %
preferred
24%
148
16%
-
82
Nova Scotia
27% May
22 % July
*
_______
Eddy Paper Co class
Electrolux Corp
100."
99%
.
*
.
24%
*
Par
—
Dominion Textile common
*
Donnacona Paper 4%% preferred—100
47
6%
•
common
Montreal
19% May
26% Jan
*
—
46%
,18
22_;
Jun
Dominion Tar & Chemical common—*
'
Red preferred
23%
24%
'
Dec
34%
.<
24%
•
33 % May
,__25
7%
48
20 % Mar
,
*
common
•; 22% May
•
40% Aug
—
Jan
.w—
—
356
3,408
43
23%
„
*
Mar
Aug
42
148 '
*
Nov
8
95
Aug
*
Worts
May
14% May
12
.
Dec
26
80
16%
,
Apr
46
•
&
24%
183
*
„
> 18 %
"
25
15
42
23%
15% Mar
20
*
.
Feb
*•//«
83%
84
'
__
Jun
Bridge
14%
15
,
•
Jan
18%
—I*
Seagrams
Dominion Glass
.
20
370
,
-
Jan
26
Dec
22
Jan
25
•
:
;
Imperial
Nov
Dec
July
15% Oct
95
•
<;'
10%
17%
8%
'•
common...
preferred
100
95
—*
Electric
.'68
8%
95
__
100
Commerce
16% Aug
-
Ltd
% Mar
102% 102'%
21%
21%
—•
;
*
Canadienne
Nov
Dominion Coal 6% preferred
—25
Dominion Foundries & Steel- .___*
Dominion
12 %
Feb
54
-
17%
•
com
—
Limited
6%
Jan
10%
Canada
Power
Banks—
21% May
Nov
9
126% 128 %
23%
*
12
11
93 % Mar
-
25
25%
.
Nov
15
Sep
16% Mar
Distillers
665
•' 556
%
96
23
preferred
5 %
Feb
12% Mar
8
-
May
Apr
47% Nov
17%
—50
common
5%
149
Feb
25%
•
com—
Corp
Zellers
May
11% Mar
Power
certificates
(George)
Winnipeg
14% May
14% Oct
20% Mar
.',/
5,625
9
127%
143%
Dec
26% Mar
125
13%
Leather Co Ltd class A
Jun
12
31
5
30
Wilsils
Jun
67
Jun
37
_7
100
Canada
Biscuit
Oct
135
Nov
—
99
—
Dreferred
Weston
Aug
Mar
13%
96
10
36
>
57
56
.
Sep
39%
1,176
•
-
.16 ,16%
v
22
12
.*
dommon
Walker Gooderham
Aug
23
47
10
31
Smelting
40
Jan
895
13%
60%
16
1
Canada
% Aug
Feb
7 56%
preferred.—_25
preferred
trust
44
29
61
V-
Dec
Jan
450
■
,
38%
45
May
175
Feb
144
Nov
28 %
-
Jan
15%
61
•
58
Dec
162%
25
144
100
Mar
22
•
1
335
—
•
lL__
Wabasso Cotton
Jun
Jan
140
11
Viau
Nov
Mar
J
11%
16%
18%
4%
United Steel
Jun
95
35% Mar
12
•
common
15
9% Mar
11%
12
•
1,307
Jan
*'
Water"&
of
Apr
May
25%
•
Williams '.of
Co
7%
Dec
88%
39
Steel
Jan
23%
Dec
88%
„——_————*
Consumers Glass-
17% Mar
23%
*
—•
&
Feb
72
1,362
>■
43
2,442
:
310
42%
Standard Chemical common
Jun
10
45'A
Sep
43
43
preferred
Southern
Jan
26
Mar
20%
38
Paper Co—
Breweries
Voting
45
Dec
18
21%
43
—
Simpson class A 2
4%% preferred/
Oct
100
330
—100
1%
41 %
37%
19%
.
37
38
172
30
Apr
44
Oct
22
22%
50
22
Feb
24
July
.
Fairchild Aircraft
Fraser
Pow
-
High
Mar
20%
'
100
preierred
Sicks
Jan
650
20
53
175
—
——•
$1.60
preferred
Sherwin
Jap
101%
Lawrence
Series A
Aug
37
23%
75
23%
——*
common
2nd
Dec
30
11
14
4,485
Railway
25
Corp Ltd class A—_——:—20
Mining
24%
\
Paper
Shawinlgan
Oct
78%
19%
55
22
"
—
20%
*
—L—______
Knitting
1st
Oct
78%
23%
'
*
com
——.
St
Sep
36%
19%
*
__—_—_—
.—_
8% May
Jan
5
14
•
:
/175
-
22
175
4%
preferred
100
Saguenay Power 4%% preferred—_1U0
St Lawrence Corp 1st pfd—
49
2nd preferred
1
July
18%
14% Mar
29
14%
Pacific
Consolidated
36
Sep
16%
Canadian Locomotive
Plow
7%
13%
Canadian Ind Alcohol class A
Class B
Cockshutt
Sep
15%
r__
Canadian
6%
28% Feb
15% May
9%
25
Companies
5
14
—
Canadian Fairbanks 6% pfd—.
Canadian Foreign Investment
3%
20
Nov
16%
common—„;
—
Oil
Sep
Sep
*
Canadian Cottons common—.
6% preferred
Canadian
27%
Feb
—20
common
series
$1.00
May
24%
14
55
•
100
—r;-
of Canada
preferred
Roiland
Jan
4 %
100
—__50
Canadian Celar.ese
90%
29
pfd—-100
preferred
Canadian Car & Foundry
t;
Class A
Nov
9%
Canada Wire & Cable Co Ltd class A_*
Canadian Breweries
———*
Canadian Bronze new common _——_*
$1.75
24
*
—
common
<,
ji
May
2% Mar
625
29
Corp
4% %
25
Tubefe
Corp
%
Regent
Jan
25
16%
70
7%
19
Feb
24%
290
al5
7%
20
—
preferred
Northern
33%
al5
Feb
,Dec
2% Mar
645
Dredging
—5
Co Ltd class A
•
$1.30
22%
Provincial Transport
Quebec Power
22% May
17
4,525
4
Jan
13
5
3
11
July
13
Burrard Dry Dock
Canada Cement
7
23%
partic class A
Canada
22%
37
1,207
Oct
13
•
648
22%
Price Bros & Co Lta common—
Sep
44
18%
■>.-.90
Feb
Jan
22%
23%
5%~
7%
Sep
18%
*
49
Power
29% May
43
23%
3%
Building Products
Sep
17% Mar
70
————
Gold
44
4,309
•
Class B
Bruck Mills $1.20
Class B
-
23%
Ltd comfhon
preferred
River
Co
1
6%
Powell
25% Nov
Feb
5% Mar
43%
pfd__100
cl
41%
—*
Light, Heat & Power
Page-Hersey
Dec
24% Mar
21%
•
British
Co
>
41%
23%
A-
Jun
24
30
43 %
7.25
57%
65%
698
21%
•
38%
41%
23%
Ltd—
Milld
Ottawa Electric Rwys
Oct
Peb
2,975
•
43%
•
9%
33% Mar
43
251
43
6
23%
-*
_
7% Mar
Mines
Flour
preferred
Ottawa
101 % July
Jan
100
1,410
55%
25%
Feb
37%
-"—25
Car; Corp
Penmans
53
58%
•
British
Davis
Apr
24%
25
Elec
Cardy
39
16%
•
British Columbia
-
36% Mar
35
•
British Amer Bank Note Co—
British American Oil cqmmon—
5%
50
22%
50
Telephone
Bralorne Mines Limited
Canada
38%
101
7%
-
22%
Low
"
Ogilvie
Range Since January 1
High
——•
——,
37%
Shares
-
Steel
Noranda
19% May
38%
preferred
Low
•
common
Niagara Wire Weaving—
21 % May
53 %
25
i
Bathurst Power It Paper
Bulolo
12% Mar
17% Mar
•
Asbestos Corp
Brazilian
1,695
1,280
•
pfd
Anglo Canadian Tel Co 4%% pfd
Argus Corp Ltd common
Bell
15%
19%
9
—
for Week
Par
Breweries
National
High
Low
15
—
__——
Ltd
High
19%
""160
Aluminum Co of Can 4%
7%
Range Since January I
15
•
Ac.
National
19%
20
-——-
Agnew-Surpass Shoe
Algoma Steel
IIZ20
—
/
Acadia-Atlantic Sugar class
Low
*
Abltibi Power & Paper common.
Sales
Range
of Prices
.
Canadian Fund*
Friday
Week's
.Last
Sale Price
Friday
Montreal Stock
Ltd
Companies
7%
5
Co of Canada
Sec 6%
—*
red
—
class A
pfd_
Mar
80c
_*
2%
2%
2%
1,600
2
*
26
25%
26%
3,275
21
4%
4%
200
56%
58 %
806
_100
1
56%
.
Sep
2%
3%
Jan
Jan
Jan
27
Jun
3%
Apr
6
Jan
42%
Feb
62%
Nov
f
'
Volume
168
Number 4759
THE
COMMERCIAL
&
CANADIAN
RANGE FOR
FINANCIAL
LISTED
WEEK ENDED
CHRONICLE
(2467)
43
MARKETS
DECEMBER
10
t
Friday
Week's
Sales
Last
Range
for Week
Sale Price
STOCKS—
of Prices
Par
Great Lakes
Class
A
Horner
Hotel
Paper Co Ltd
preterred
Ltd
de
*
com
16
W)
class
A
40 %
40%
8
8
14 %
14%
10
72
72
100
0
Inter-City Baking Co
100
Ltd__-_
Int Metal Industries Ltd
class A
International
Paints
Lambert (Alfred
5%
26%
:__20
Inc
1
__
3
pfd
25
________1
Power
Maritime
Teleg
"Rights"
&
Paper
&
Tel
9
wnen,
as,
McColl-Frontenac
Oil
Melchers
Mica of
Distilleries
Canada
Minnesota
Montreal
Moore
&
Island
Scotia
*
10
75c
pfd
Paper
Pr
Nuclear. Enterprises
Co
5
74%
__3
Co
Thrift Stores Ltd
;
A
.
Froducts
—
*
preferred.—
Mining
Mines
Mines
Metals
Beaulieu
Lake
Ltd
18%;,
Cheskirk
Lake
Gold
Gold
Jan
1.00
600
boc
Oct
1.10
Sep
Mines
"
Ltd,
7b %
July
19%
Apr
20
Apr
Apr
14'/a
Nov
4l/2
540
20
455
13
Mar
21%
52
20
52
Mar
56
May
13%
Oct
i£r»
-Ihii
3%
2('0
70
lOYe
Oct
Jan
Nov
10'/a; May
11% July
i6
18
Jan
19
May
190
1,200
May
13%
'55
104
4,373
Feb
.
Feb
115
Jan
37c
Feb
45c
Nov
13%
Dec
18
30%
Sep
23
Dec
48
July
July
332
29%
10
29
23
70
ls
47%
47%
20
150
36%
23
1.00
1.00
403
12 >A
12%
'Sep
47% Jun
20
19
36%
25
.16
16%'
Mai¬
Jan
27% Mar
50c
38
-
Mar
12
262
23
T
9
_
Nov
■
Mines
8c
1,000
6c
64c
32,400
12c
Mar
3c
1,500
3c
Nov
7%c
8c
5,500
6c
6'Ac
10,000
3c
3c
500
&
—
-r
-
Nov
Aubeile
5c
33c
Jan
Bank
vlun
Bank
5%c
Feb
Base
Co
-4,009
41c
41c
12c
4c
»
41c
L 5% July
,
..
..
-
13c;
41c
-17,920
5c
<i
13%
10c
Ltd
4c
of
2.90
43c
450
23c
•(
•'
Nov
May
Jan
Jun
22c
Jan
'
13%
Nov«
12%c Mar
1,000
4%c Sep
3.00
1,200
65c
71c
25.000
9%c
-1.65 Mar
•
55c
Mar
9%c' Dec
1,000
<
-
"
72c
Brit
2^
Oil
Co
New Okalta
New
Pacific
11c
Nov
8.50 Jan
1.56 Jun
23%c Feb
5c
500
2%c
II,000
50
8,700
l%c July
3c »Dec
15c
8%c:Oct
24c
30c
-
500
1,690
7%c
207,000
44c
i
12%'
7c
44c'
•
44c
-
6c
'
•
1.000
44c
r
3c
1,000
2%c
40c
42c
1,400
25c
•
5.95
6.00
325
.
10
10
35C
40c
13,200
77c
77c
84c
•
Dec
11%
50%
'
1
,
50%
11
11%
806
Royalite
For
Oil
80c
8,900
Dec
30
40c-July
50% Nov
6.25 Mar
80c
May
Dec
83c
.1.49
1.45
Jan
1.90
65
Jan
Brewers
Brewls
Ltd;—,—...—.....1
5c
Jan
3.15
Dec
1.50
2,700
1.46 Nov
2.17
Jan
85c
500
1.50
Feb
5c
6,500
85c; Dec
4%q Aug
1,500
Ltd..—
Apr
3.15
Dec
3.15
Dec
9c
b7c
14%
Mar
89c
Feb
Calder
Oil
Co
Ltd—...
y
15c
1.55
600
1.98
2.05
3,650
36c
36c
200
35c
Apr
50c
a50c
117
50c
Mar
'6c
6c
500
5c
Nov
Dec
23,200
7c
Oct
17c
1.85 Nov
1.45 Mar
3.25
Ltd
—J—.
Ltd.-
3
Ltd
Co
*
1
class
A
—
see
page
46.
44
Oct
25c
Aug
65c
Jan
4,600
18 %C
Oct
60c
Feb
11 %C
12C
4,786
11c
Dec
28C
11%
130
10%
Feb
12
May
Sep
55
Feb
51
51
14c
16c
50
51
Sep
Jan
25,640
10c
Mar
17C
Jan
500
11c
Nov
29c
Feb
1,000
14c
Dec
57C
Jun
9
Dec
10
3c
Sep
14c
.9
9
660
3'Ac
4%c
38,000
9
7.60
2,296
35c
50c
1,500
20c
Sep
18%
18%
1,075
17
Feb
15'A
15%
iS'A,,
7-05
6.50 July
'
5%c
23%
23%
23%
25
25%
•
2%
2%
*
50
5 %c 1
3,200
V
I,445
\
3
180
3,175
'
'
13% Aug
4c
Aug
6c
11
1.00
Jun
Jan
Feb
Feb
22% May
16'A Jan
8c
Oct
20
Feb
25
Jun
23%
Jan
27%
Nov
2%
Dec
11%
Apr
4% May
12%
.12%
350
6%
6
6 %
415
26%
26%
650
3
3%
1,100
30c
39c
125,050
16c
Feb
43c
Noc
July
37o
Jan
3'A
-
38 %c
33c
30c
4'A Mar
24%
2
33C
9,950
25c
15c
14c
16c
14,900
14c
1.55
1.55
1.57
1,410
14c
15c
II,500
12
%c
Jan
Apr
Dec
1.25
July
6c
Aug
14%
Sep
8% Aug
27 %
3ya
99c
2.40
30c
Sep
Sep
Jan
Jan
Nov
7c
8c
3,500
Jan
33
33%
1,240
6%c Aug
28% Feb
25c
33
36
Nov
•
17%
17%
18
90
13%
Feb
21
Sep
7%
7%
330
7%
Nov
9
Jun
1,000
5c
Dec
...
Flin
Mar
4.75
2c
6,775
6.00
6.40
Feb
July
1.60 Mar
19c
650
47%c 47%c
500
1.35
13c
1.42
15c
21c 29%c
Jan
3.75
43c
300
1.55
1.60
Feb
Jan
1.35
Dec
10,500
lie'
Jun
30.100
21c '» Dec
1.25
3,900
Oils
Calmont
Campbell
79c
4,000
11%
16
1.70
1.70
200
12 %c
16 c
76,500
2.30
3.35
11.800
18 %c
32c
6,400
8,075
20c
51.300
3
24%
1,487
25
14%
Jan
16%
Sep
6.45
9,135
3.65
Feb
7.60
May
6%c
7c
Feb
8,500
6c
Feb
18c
Jun
34c
Mar
65c
Jan
45c
Lake-
Canada Bread common
Jan
76c
Oct
42c
Nov
7.50 May
60c
1.80
Canada Crushed Stone
Class
32c
Jan
B
2.25
68'/a
24
24
28%
29
8%
'6%
6'A
49
270
50
165
2%
Nov
Jan
Jan
14% Mar
24% Nov
27
29
Nov
July
50
3
Power
8%
9%
33~%
33%
33%
•
16%
16%
190
190
190
3
14
25
285
..
17
100
—
255
9%
3
A
50
30
-
250
8%
Dec
5
Feb
43%
Apr
9
Oct
33
Sep
15% Mar
9
Dec
7
Nov
53%
11%
Jan
Jan
38
Apr
SS
Lines
Mortgage
18
Jan
common
Canada
Class
Wire & Cable
class
A
3
78%
14
37
78%
Jan
Sep
195
U
Mar
14%
Oct
75
35
Feb
42
Jun
45
14
37
50
201%
180
70
Jan
85
Jun
21% Mar
21
12
'
78%
,
25%
25%
31
Jun
10
23%
23
23%
930
July
24
Nov
3
19
19
20
2,718
17% Mar
24
Jan
18%'
18%
270
16% Mar
22
May
20
24%
25%
235
23
Apr
28
Jun
3
18
18'A
105
17
Mar
21%
Jun
3
13
900
10
Mar
14%
Jun
20
16
14%
16%
Apr
18%
Jun
Nov
_____--3
B
Bank
Breweries
of
Commerce
25
Canadian
1st
.
Canners
*
common
preferred
Preferred
Car
common
—
Canadiaii
Celanese
common
—
1,135
•
89%
91
255
56%
Feb
95
25
39
40
90
34%
Feb
40
Oct
21
22%
215
8%
8%
425
13%
—
15%
*
A
13%
77%
100
May
Nov
Canadian
Canadian Food Products
Nov
1.85
May
Class
Dredge
common
3
A
Preferred
100
16
Mar
2 5'/a
Jan
8
Mar
12%
Jun
123
Nov
5
77
Dec
Canadian General Electric
Canadian
Dec
38c
Nov
Class
Feb
27
Oct
Canadian
Indus Alco
"A"
—
voting
77%
90
Feb
210
210
1
205
Sep
260
Jan
11%
11%
12%
725
10
Mar
14
50
3
3
B
Locomotive
15% July
77%
'
3.65 Nov
32c
Dec
"
99%
Nov
*
Preferred
Class
1.82 May
31c
Nov
50
—3
Warr_—
class
Canada
Jun
14%
16
85
50
'
Canadian
32%c Nov
Feb
Dec
37
*
;
Permanent
Nov
75c
2.30
100
51
4.60 Nov
75c' Mar
18 %C Dec
4'/a May
2%
85%
51
Jan
5%c Dec
83c
Mar
3.00 Mar
2%
20
Jan
Dec
5.20
Nov
85%
•
——
10c
9.65
1.90
•
common—
Packers
2.08
900
50
preferred
Cement
13,900
2.65
100
—i-
preferred
B
55c
2.40
—
Red
Northern
'
76C
7c
16%
5.60
Flon
Canada
Jan
37c
15c
5c
16%
preferred
Edmonton
&
Canada
Nov
3
Ltd
42%
500
24c
14c
_
Jan
9c
30c
2.55
5,276
26c
•
Jan
2.60
37c
22'Ac
Ltd
43%
Oct
26c
11 %c 11 %c
1
B_
class
11c
Nov
13,600
12
Jan
26'A
Lake-
Co
67c
Sep
4.40
12%c
Dec
24c
•
Machinery
2c
3.60
3
Ltd...
46
1
Malting Sh
34c
3.95
3
22
Apr
Oct
1
Preferred
__
Jan
Nov
Mar
5%C
A
.
Canadian
24c
17
Feb
38'/a
69c
38'/a
25%
•
Canada
5,500
15,000
1.55
150
Mar
7%c
•
cor
Power
Canada
465,500
50
1
22
25
-1
Apr
1.65
8.80
3
_____
5
Oil
Apr
3%c
5%c
13c
37%
Sep
9c
79,900
Mar
1.01 Mar
,
1.16
8.80
*
36 '/a
18%
com
•
Callinan
Canada
5'Ac
1.42
Aug
Jan
165
51
Bousquet
Oct
8.80
47%c
Nov
43%
7.60
Pwr
——
Second
15%
5%c
—3
—
Oct
9c
28
13,800
*
A-
Light i
Products
Calgary
July
13
3c
1
Oils
29C
Feb
46
14'Ac
•
Canada
3
Dec
8'/aC
._1
Lake
Red
850
1
Ltd
._1
*
&
14%
3
3
July
Feb
44
_1
class
Buffalo
Class
4c
Corp..
50
—-
Canadian
4%%
9yo
Dev
5c
6
5% May
7%c
•
Buffalo
Jan
o.oUJ
&
36
36
45%
—
Ankerite
May
3,000
•
32
—
Buffadison Gold
Buffalo
65c
4c
Lrd
33
255
8%c Mar
4.00
Sep
Sep
Jan
11'/a
B
14 %c
1.6U
Co
345
36
56c 64 %c
lie
Dominion
Oct
4c
Oil
25
'
Class
British
Dec
1.23
Ltd
17'/a c
1,160
A
Columbia
British
6c
a48c
1-29
May
July
2,500
—
B
Class
4c
1.55
1
4
26C
Products.
5,500
4c
1
Nov
4 'A
43%
British Columbia Packers class A.
37.GOO
1.23
Ltd.—,2—
2.75
150
100
2,349
—
American
6c
1
.
16'Ac Nov
13 %c
..
1,550
6
4%
21%
Preferred
Preferred
6c
3.00
4%
16c
Jan
3,500
2,500
3
25c
'
4%c Mar
1,000
5c
4c'
7%c Jan
9%c
3.15
60c 63'Ac
'
Apr
Sep
Nov
6%e 10 %C
-
15c
5%
8c
Distillers
Red
British
Burrard
2c
1.55 Mar
60c
14c
7,100
2.91
A
Ltd__-_
Mlllen
&
Burns
4,500
6%c
1.98
3,700
21 %c
Mines
&
Building
1.000
3.15
6c
16c
27
_—
Brazilian Traction
Oct
2c
5c
*
Jun
Feb
18c
_______—
class
Bralorne
Brand
Jan
5c
3.15
13'A
90
6%c
Pershing
1.18
14c 15 %C
5c
Nov
8c
4%
Jan
Mar
85c
1
1.25
15c 15 %c
*
i-
Co
llJ/a
3.10
1.49
Ltd_l
1,085
26%
1
7.65
14% Mar
"2c
1
Feb
Nov
6'Ac
Kirkland Gold
Boycon
May
3.00
3.00
12c
27c
17 %C
Feb
425
10,100
7%c
Nov
Nov
Dec
Mai;
Sep
10'/a May
4c
33C
3,000
C
Oct
7% May
10c 10'/a C
Gold
Mines
Bowes
Nov
6c
10
3
footnotes
12%
9%C 11'/a
10
class
Canadian
Co
12
12%
11 %c
210
*
Feb
13
88c
35c
'
Jan
6%c Mar
Dec
•
-
20c
Mar
4.45 Mar
350
35c
Jun
5%d 'Nov
2%C
40c
Sep
-Feb
8.50
Ltd
Oils
56,650
4C
10
Jan
30c
12c
30c
12
50%
—
Western
32,500
1.16
______
River
Bobjo
Jan
9,600
10c
30c
12
1
Petroleum
Rights
Pan
14c
76c
10
Scotia
Bonetal Gold
Jun
16c
5c
Ltd
Oils
10,500
12c
90c
—1
Ribbon Corp common
preferred
23% Mar
30%c
-3C
5c
Corp
Oils
Pacalta
5c
12 %c
3
——
Mining
Bordulac
2 %c
*
t
__
Col..2.1
Gaspe Oil Ventures Ltd
Home
13,000
e.—3
B
,
._3
Ltd
Mines
Calgary & Edmonton Corp Ltd
Co
10c
1,
Power
Bidgood
May
Oil Stocks—
Globe Oil
4c
8c
*
common
Telephone
Berens
13%c
■"
Aug
6.000
9%c
65c
...v-o
.
Ltd
(1944)
Ltd
Jan
9c
"
Consolidated
Bevcourt
22c
; Dec
I,000
Bell
74c
' Oct
11 %c ll%c
___1
_______
Mines
Mines
Oils
16 %c
350
Yellowknife
Feb
v
Corp
Decalta
July
12%
1
Bros
12c
Mar
10c
Mines
Oils
Oct
5C
24,600
12%
6c
1
class
Nova
Jan
'
7,500
14%
22c
-
22c
-
Mines Ltd
LeDuc
14%
6%c
12%
6%c Mar
Nov
>
1
Development.——.1
Homestead
Jun
Mar
Toronto
11c
-
Dec
1 3,000
;
■;
48 %c 48 %c
.—1
%
Co
Malartic
Consol
39c
11
5%C
10
1
of
16c
5c ; Nov
3%c July
500
IOC 10 'Ac
10'Ac;
•
Ltd—1
Ltd
Gold
Mines
3,300
9%c 10 %c
9%c
...1
Gold
Asbestos
Calmont
Jan
—
of
Jan
7'/aC May
1,000
7c
Jan
83
—
Metals
10c
1,000
6c
7c
A
Oct
31c
5% Mar
Montreal—.,
7%c
6c
—
Apr
Jun
12
65% Oct
5%c Dec
Gold
of
Nov
50
(1937)
Electric
Bankfield
9.20
68c
1,500
A
—
Fabric
Bank
2c f Jun
Dec
'
Nov
1,375
Bagamac Mines
.':22c
-
7c
4.65
70
2.91
Jan
7c
Oct
4%c July
20c
65 %C Nov
14c
1
68%c Nov
2%c May
Dec
,41 %c Jan
6%
15c
7%c
..
1
Co
Gold
Mines
7%c Dec
Jan
Jun
8.25
24c
Sep
17 %c
1.35 Mar
Apr
6
1
Beaulieu
3
Amulet Mines Ltd
Central
Oct
1
Beatty
Corp Ltd___._3
Ltd.
—1
Oil
49C
91,915
Mines
Nov
—1
....
Ltd
Mining
Dom
Apr
106,700
Jan
70
Yellowknife
Mar
Santiago Mines Ltd
l_-__50c
Sheep Creek Gold Mines Ltd....—50c
Sherritt-Gordon Mines Ltd..
—1
British
8c
60c
4.40
1
class
Steels
Atlas
5c
_——1
Ltd..
Mines
Porcupine
Anglo-Canadian
19,500
53c
3.60
13c
14c
1
Hardware
Oil
59c
Mines
Mines
Atlas
Jun
16c
j\pr
14c 15 %c
59c
4.00
1
Mines
Aug
Manganese Mines...
3
Quebec Yellowknife Gold Mines Ltd—1
Quemont Mining Corp Ltd
3
Westville
Jan
31 %c Dec
*
Quebec
Nov
■
■
..jc,
Canada
Mines
Cons
38c
Feb
Mar
,
100
Athona
18c
Quebec
Sullivan
______
common
Astoria
51,000
I
Dredging Ltd.
Mining
Porcupine
Ashley Gold & Oil
33,100
._f
Explor
Mclntyre-Porcupine
Standard Gold
Dec
22 %c
—3
_____
Armistice
3c
——1
Ltd___r
Mines
•
Mines
Corp
54c
—3
_
Mines
Mines
Stadacona
8 %C
3,500
14 %C
•
Mines
2c
...
Gold
3,366
35c
35C
1
—
Oil
Preferred
46 % c
Shore .Mines
Ltd_.___v.__.....l'
Louvfcourt Goldfields Ltd
1
Gold
10c
33c
3
8,000
46 %c
Lake
Labrador
8 %d
—1
8c
14c
__
Gold
Dec
7c
Aug
Jack
Cadallic
25%
7C
3c
Lake Mines Ltd——..—__1
Joiiet-Quebec Mines Ltd
-1
Piccadilly
24
1
26,000
>T
...
Cadillac
310
Aquarius
17
Aug
58c
'
_—_L__l
International Uranium Mining
Pamour
25%
18,500
Auto
_2V
,
Pandora
25 y8
7%c
12c
22
Mines t-.m
Mining
Jun
25%
6%c
10c
•.
—
Gold
65%
7c
11c
..^r.
CoUiers
Normetai
44 % Mar
•
Auto
7%c
Hollinger Cons GoM Minps «,
5
Hugh Malartic Gold Mines Ltd—u._—1
Cons
940
Apex Consol Resources
Jan
1
.
Ltd...
Gold
Louvre
58
125
Mar
6%c
'.
.1
y!
—_
■
of
Mines..
57
55'A
1,000
7c
2,000
^
Ltd
Mines Ltd
Corp
25
:
3%c May
33 % Mar
26c
12c
13c
-.
Goidbeain Mines Ltd, 2
Goldvue ' Mines
Macdonald
pfd
1,095
58
of Canada
4,500
19,600
56
8.85
1.25
Sep
25c
24c
Atlantic
July
Apr
87 %c Jan
4%c
8.85
Jun
6c
3
Mining
Co
Rouyn
Area
Sep
14c
Nov
80
9%
4c
24c
Mar
10c
55c
103
23c
Lead
Argus
Jun
52%
1
2c
6c
7%
4,500
60c
Sep
Sep
54
Anglo-Huronian
3c
10c
—
,,
Labrador
70c
1
Apr
5c
4c
Canadian
Anglo
500
L.
I6V2
675
Yellowknife
1,000
3c
•
Ltd______2
T tH
■fv
Hillcrest
9%
Cons
American
4c
Ltd—1
Mines
Mines Ltd
"Lake
8%
21% May
24% Oct
Mar
97
35
3
19% May
18
350
.
High
12% Mar
.
500
Nepheline
3%c
10c
'
Mines
Ltd
Mines
Formaque Gold
22%
common
American
Aunor
1
Ltd
Gold
22%
101% 102 %
6c
'
Apr *
1,150
6c
•
Amalgamated Larder
Anglo
552
19%
Ltd
Aluminum
Anacon
15%
19 %
*
:
Pacific
Low
15
19%
—*
Yellowknife
Aluminium
12%
Oct
A
Range Since January 1
High
15
20
Oil
&
Alger Gold.
Algoma Steel
4c
,
1
?
Gold
Alberta
Low
3
common
Surpass
Akaitcho
3%c
__
1
Mines
Lake
Min^.c
East Sullivan
Agnew
Ashdown
'
8%
Shares
100
Gas
Apr
'
15 %
Paper
Preferred
Apr
10%
&
$1.50 preferred
Acadia-Atlantic class
•
Mines
Cauillac
Red
Dulama Goid
Waite
a25c
i
450
__
'
Duvay Gold
Vinray
•
Power
Bathurst
Beattie
Mines
United
!♦
14%
.
1
Ltd.....
*
Dickenson
Steeloy
Dec
for Week
Par
Abitibi
1
...
Siscoe
a20c
13
13 %
.,.
__1
__
•.
Quebec
125
22
•
Pitt
200
19%
1
_
Explorations
Pioneer
a20c
74%!
29%
3
Ltd
Cournor M.ning Co Ltd.....™..
O'Brien
27% May
I8-/2
15 'A
:___1
Ltd.,
Ltd
Mines
Central
Nechi
91
22 %
41c
._i"i
Mines
Mines
Mines
Consolidated
New
75c
Apr
111
Centremaque Gold Mines Ltd..,
,__1
Century Mining Corp Ltd_______:.___i
Mining
Nov
41c
1
___i
Mining Corp Ltd.
Candego Gold
Found
10,251
11
__l
___
i
_.
Central Manitoba Mines Ltd
El Sol
80c
Sales
Range
of Prices
Aumaque Gold
Cartier-Malartic Gold
Eldorta
Jun
Nov
*
_
Bouzan Gold Mines Ltd
Dome
21
L7%
-
Yellowknife Mines
Bonville Gold
Cortez
Nov
10%
—
3
Ltd
Beatrice Red
CnnHol
i
13'/a
3
i___,
1__
___
Band-Ore Gold Mines Ltd
Bob's
17
15%
____3
Alta Mines Ltd
Base
110
Stocks—
Alger Gold
Aubelle
17%
111%
100
__
Ltd
Ltd
May
94
19%'
__
Hotel
44
11
—*
Ltd
Western Grain Co
Ltd (J C)
' Mar
.41c
Wilson
Windsor
36
15%
"
:
pfd-^,-100
1
Fuel Inv class
United Securities Ltd
75
14%
Coporations class A___u_____3
United Distillers of Canada
Ltd.
Westeel
39
15% ■'
United
United
May
90c
52
Ltd
_,
19
Nov
73
19% '
,pfd_:J2_20
6%
e
Jan
Week's
Last
Friday
Acme
Feb
'
_
Invest
12%
Funds
Bale Frice
STOCKS—
Jan
%
4%
Power Corp 6'£ N C part 2nd
pfd__f50
Quebec Pulp & Paper 7%
pfd—~—100
Quebec Tel Corp class A
2
__3*
Industries Ltd
Southern Canada Power
Jan
31
19%
Service Stores Ltd____
Southmont
10%
Oct
12 y4
:
*
red
Jan
25
a20c
,
,S
Ltd
(Can). Ltd 5%
9 '
29
Feb
275
22
common
Russell
28
£3
22
__
Reitmans
31% May
12 %
Orange Crush Ltd
Paul
Oct
Oct
93
n_l
Ltd...
May
May
12%
10
__
&
80
1.00
'/o
Power
Lt
93
17%
15
Dec
<•
25 V2
24%
75
80c
100
if
pfd___
6
17%
Jan
72
800
39",
Jan
9
Exchange
Canadian
Jun
45
Jun
1
500
39
10
9
17
20%
8
50
30%
Feb
40% Nov
25
25
9
__
L
Ltd
Ontario
Corporation
Nova
and
4%
Ltd
26%-
30%
J
Co
com
10
High
3un
,
25
17
Loblaw Groceterias Co Ltd
class A
Ltd (Walter M)_,
Lowney Co
MacLaren
280
'
-*
Inc
Low
16%
Toronto Stock
Range Since January 1
High
16
*
—
(Frank
LaSalle
Low
Shares
12
12
100
11 % Mar
32%
33%
265
21
Mar
Oct
14
Oct
34'A
Nov
'
THE
(2468)
44
COMMERCIAL
&
FOB
RANGE
Range ;
Shares
High
62c
64c
Cos
1,500
13%
13'/2
14
250
102
common---
Canadian
100
Pacific Railway———25
Canadian
Tire Corp
5c/o
preferred
102
25
/
Canadian Utilities preferred
Canadian
Cariboo Gold
Castle-Trethewey
Central
—— —
Central
Porcupine
Chatco
Steel
Swayze
21%
Jun
26%
Jan
98% Mar
103%
5,300
1.00 Aug
1.52
1.55
200
1.20 Mar
1.41
1.25
1.71
1.12
1.10
1.12
41c
103,500
Rock
Jan
Harker
1.80
Jun
Harricana
1.82
Nov
Ha saga
1.40
July
Citralam
Gold
Hendershot Paper common
Heva Gold Mines
7
7
"77,400
2.44
739
12c
15c
1,200
Mar
4c
Gold
7c
Highwood Sarcee
8 '/2
Feb
Hinde
&
Home
Oils'
Coastal
Dunlop
Cockshutt
Coin
Pio w*_
Coniagas
12% May
13
13 V*
1
15c
15c
1,000
5c
6c
17,500
Petroleum
,
1.72 July
40
70c
72c
1.40
90c
17
15c
Dec
27c
5c
Mar
9c
46c
200
85c
2,000
70c
.5
—_8'; '
2.45
14% Mar
Feb
10
480
■,
1.40
_*
—;
Mines
Mines
Hoyle
5,700
13
2,050
Aug
Bakeries
i--—*.
Consolidated? Seattle
Mines
290
11;
Nov
1.51 July
Jun
Dec
*10,700
r
16%
Qot
47c
41c
Dec
42c
1,100
38c
Dec
%c;
34,500
lie
Jun
15c
5
127%
126 128%
-2,520
100
Gas
.10..
38c
38c
*
153
152 153%
230
1.32
6,620
12 %c 15
Exploration
Jan
85c
70c
Sep
32c
Cosmos
Mining
Crow's Nest Coal —L'J—
Crowshore Patricia
Cub
Aircraft
Davies
Imperial
4%
Oil
;
(,
Indian
i__
Varnish
preferred
Gold.
t,
Lake
25
——«
52
145
42
Jan
55.
May.
51
7%c
9c
5,500
6c
Oct
55c
60c
2,100
45c
Aug
Davis
23 Va
Leather
Decalta
class
Oils
Ltd
B_,
19c
Apr
1.00
".u
Jan
Detta
Nickel
Red
Dexter
Jacknife
&
1c
Mar
21c
Jan
J
10c
Mar
49c
Dec
23'/,
100
Oct
8
11, -,Jun
Sep
8%
65
30c
126,350
19 %c
Nov
1.15
1,100
95c
Nov
8c
11c
52,500
5c
Mar
15 %c?
Oct
loy2c
12c
40,600
10c
July
48c
Dickenson
Red
29c
—1
—
__
Lake
5
Distillers
Seagrams
Diversified
29c
30c
I,000
45c
Mar
46c
46c
50c
13,050
.
Dome
Mines
23c 24 %c
23 %c
.
20c
M
*
30c
*
Ltd—
14
Dominion Bank
Nov
42c
Jun
18c
36c
Nov
*. 42c
8,300
,2,000
57%
t'1,626
8c
261,100
'
Dominion
Steel—
&
Juliet
Quebec
Nov
Kayrand
Jan
Keiore
July
Sep
16%
1,870
Feb
13%
6,000
14%
28c
19%
:: 1,125
25%
,t;?40
Dominion Scottish
Dominion
Steel
Dominion
31
31
13%
5%c
5%c
>
Coal
&
class
Dominion Tar & Chemical
Dominion Textile common
Dominion
Donaida
B—25
Woollens
<fc
uuiama
Gold
Mines
Amphi
East
Crest
Nov
*
44c
425
25
101
135
98% Mar
34%
35%
J 4,269
29% Mar
39%
12%
13«/»
35,207
42 %c
45c
6.500
4c
3%c
2%c
2%c
__1
—
__1
•East
4c
Eastern
4c
6c
2,000
40c
39c
5%c
5%c
19c
19c
22c
42c
-
Paper
Elaona
Gold
El
28%
Oct
50c
Jan
l
12%
11%
12%
5,190
11%
Nov
15
Jan
____l
9c
12c
59,500
7%c
Oct
22c
Jan
Nov
60c
Jun
-.f"
Golden
Gato___
a,_
—
9c
35c
36c
4,000
1.16
1.20
5.605
10c
1.16
1
lie
3,000
10c
Dec
19c
Labatt
(John)
Ltd
Jan
1,515
22%
Dec
.25%
Jun
7.75
Jan
24 Va
23
_____—
6.00
25
25%
3,020
22
Mar
28
Jan
Lake
Dufault
__i
1.05
1.00
1.15
17,500
Rowan
6c
6c
1,500
Lako
Shore
Mines
9.75
Lake
Wasa
Mining—
i
5% July
i
■
19% May
Jan
795
13%
21 y4 Mar
26 y2
21%
21 Va
21%
150
19% Mar
22 y2
Aug
12
11%
12%
I,000
11
13 y2
May
13%
228
Feb
Feb,,
13c
10% Mar
..18% Jun
.
120
21 %c
23c
17,600
17c
75,500
'4c
Aug
7c
Jun
33c
Jan
Leitch
5%c Mar
13c
Nov
Lencourt
13c
9c
500
9c ll%c
46,855
__i
Nov
Feb
1.10
12% July
30 %c
Jun
Dec
Jan
16c
*
Larder
37c
40c
1.71
1.70
1.75
5,450
2.90
2.90
3.10
5,225
7%
7 y2
7%
Feb
26c
4,300
520
50c
1.33 Aug
1.64 Mar
6%
.20
"U"
Oro
35c
65l/2c
64c
74c
108,400
9%c 10 %c
4,500
20 y4
50
i
Grain
38c
•
.7*
May
2.08
3.50
Lexindin
Mines
com
__7777l
Frobisher
A
_•
.—7.77*
_77,100
preferred
Gatineau
5%
class
Power
common
preferred
Nov
25c
Oct
,]
21
2,480
515
14%
37%
38 %
175
34
6%
7%
150
3% May
9%
5c
3,500
4c
Sep
7c
May
25c
Jun
65c
Nov
Dec
4.55
._7l00
.
3.60 Mar
t
5.05 May
18% May
Mar
47 %
Jan
Oct
60c
500
9%
9%
100
7%
Feb
2y4
200
2
Sep
11% July
3% Jan
16%
2,500
5,500
5c
3%c
14%
14 V4
14 V4
1.36
Nov
4%c
4V»c
47/ac
9.75
25c
Jan
Oct
15c
Jan
>
90c
85c 99 Vac
24,600
1.10
5c
7c
8,000
5c
8c
1
...
Jan
3.00
Feb
5.35
Dec
6.95
Feb
3c
3c
*
1.04*
14% Mar
70c
Aug
16% Mar
10,797
1.05
Dec
May
1.95
255
3%c
1
12
Jun
'
60c
1.04
-
11c
Jan
Jan
Aug
8c
Mar
17%
2%c July
4,000
21% May
Mar
Dec
;
Jan
C 6c
Nov
1.19 May
1.25
Jan
5c
16c
Jun
6c
,1,500
Dec
Nov
14c
Jan
59c
'
22c
21c
24c
9,300
20c
Nov
69c
Lynx
class
A
69c
70c
"2,500
67c
July
1.50
Jan
30%
Nov
Feb
*
31
768
26 Vs Mar
31%
27%
28%
330
24 %
Apr
■»
Goldfields
Gold
30%
•
11%
11%
11%
Nov
29% Aug
13% Jan
1
25..
35c
35c
19,700
35c
Nov
10c
11c
6,500
10c
July
13 %c
12 %c
14c
3,500
6c
Aug
1.90
1.86
75c
75c
87c
II,975
40c
July
8c
8%c
5,000
6c
Aug
-—______________l
_
Yellowknife
*
Mines
MacDonald
Mines
-1
16%
60
13%
Feb
16%
25%
21
Feb;
Macfie Red Lake
.1
Macho River
;—
MacLeod-Cockshutt
MacMillan
Class
Export
Mines.
Dec
40c
1.90
3,075
1.80
Nov
Gold
Lake
29c
4,500
26c
Dec
78c
5,650
73c
Dec
10
10 Va
640
9
Feb
;.7
7%
1,405
2.15
2.10
.2.15
6,510
2.10
22c
30c
5,600
12%c
1.70
1.63
1.71
9,300
1.50
7%
Mines—
-1
_1
Fields—,
Gold
-1
26c
73c
75c.
'i 10 Va'
—
Red
Malartic
26c
_1
_8
A—
B
Madsen
.1
—
Gold
class
Magnet Consol
•
'
26%
1,845
2.04
2.10
4,320
Feb
Maple
Leaf
Gardens
85
85
10
84 %
Dec
94
Jan
Maple
Leaf
Milling
16 ya
Sep
20
Jun
Marcus
Nov
108
1.50
Feb
20c
Feb
Nov
25c
3.00
Jan
1.95
Jan
4% Mar
Nov
Oct
Apr
15c
Nov
40c
Oct
1.54
11'
Feb
July
9%
Sep
3.15
Jan
40c
Feb
1.95 Jan
Jan
17%
105
Mar
"
Dec
2%
—*
6%c
Jan
60c
26
5c
3%c
•-
_l
B
Louvicourt
15
2.05
>1,035
__1
Ltd——
Hosiery class A
Lunward
4.55
9%
19
*
Mines
Groceterias
Jan
4.25
4%c
19
Long Lac
Jun
July
14%
•
Exploration
Co
.1.54
15
<■
_
—77777*
Manufacturing
Gair
Mar
4.25
Fleury-Bissell preferred ——100
Motor
55c
186,004
4y8c
Oil
Gold
Class
84c
•
.
Federal Kirkland
2,406
1
—
Little
35c
Shops77_77l
5.60
1
Lingman Lake Gold Mines,
London
74c
•
5.35
1
Feb
Jan
20
35c
300
9.85
3
Jan
May
Mar
8c
Jan
May
July
19
Dec
6c
I,600
«
Gold
Macassa
;
Federated Petroleum
Fibre Products common
Ford
1
30c
1.95
_•
Mines
Gold
10
16
II.162
2%c
38c
Nov
Sep
24c
190
31c
20 V*
—
Fanny Farmer Candy
Fleet
16%
31 %c
—
Falconbridge Nickel
Famous Players
Federal
16 y4
1
4.10 Mar
*
*2,591
30c
1.95
l
Laura Secord
Lebel
10%
30c
1.95
___1
y__
Lapaska Mines
16,400
10 %c
Mines
Lamaque Gold
Lang & Sons
%c
8'%
1.78
'
Gold
La Luz Mines
8%
48c
Nov
12 V4 May
,
420
—1
Corp
1.15
16,500
1
A
32c
4,275
3c
49c 50
Oct
Apr
5.80
3% Mar
Jun
37c
Oct
2%c
200
Nov
14c
-
Jan
23% Mar
Mar
59c
Oct
July
24
1
65c
?:
Mar
4c
15c
4%c
3c
1
Gold
Sol
25c
100
5.80
—*
Empire Brass class
Eureka
Feb
Feb
6,000
1
.—I
Mines
4c
58c
9c
1
'
Jan
Oct
Nov
28
Labrador Mining & Exploration
40c
_______
7c
Aug
7c
Laguerre
5
Jan
28
Feb
21 %c
A—________
nov
7c
Gold
Jun
9c
—.
Oct
4c
2c
8,600
27
9c
class
7c
21c
f I2V2C
16,855
22
_______
Elder Minos :
Oct
Aug
3c
27,766
7c
Apr
5
Jun
May
8c
500
13c
__
Kerr-Addison
Loblaw
Eddy
84,c
l'/ac Nov
4,000
2VaC
13c
Sep
.
Jun
16%
Mar
Jan
3v2c
•
1,833
2Vac
Mines
Mining
Kenville
8%
Steel
Mar
4Gc
2,500
2%c
1
l
17
Leduc Oil—
11
20,500
'12c 12%c,
_i
Townsite
13%
Bast Malartic Mines.
East Sullivan Mines
,
31% May
'
___i
—
Jan
102%
13%
.„*■
__;
—
Jan
•
26%
16
6
May
26
34 %'
__1
___:
8%
„
100
100
*
common.
24
1,875
Nov
11
Oct
Co
Lake
24
Oil
10c
Aug
Apr
39c
Mines
Leduc-West
East
4c
..
Jun
Kirkland
16%
1
Dec
32c
Kirkland-Hudson
22% May
23%'
Ltd
Oct
31 '
Dec
1,000
100
common.
Duyay Gold Mines——.
Jan
25%
33c
0
1,750
49c
Mudge
NOV
14%
33c
A
Kirkland
16%
Mines
Donneil
20
Mar
Coke——1
class
21
:
—-
Mar
55c
Jan
23%
;
Jan
Dec
July
Jan
23'/2
pfd__
23.
28%
34c
82c*
•
—_?
Oct
24% Mar
31
,v.
25
26%,
11 y2
Dec
Apr
,
1,100
/..v.-
21
11-
Nov
8c
12
500
25
11
Dec
60
14
,
..
69
21
Invest common——1
Stores
23%
16,168
13%
25
31
20
13%
25
,
>
9
64c
_
Oct
3,365
32c
30c
1
Magnesium
Jun
21
77(»...
"
Lake
Foundry
Jan
2c
;;4 '35",,
49 %C
May
35c
Gold
1.60
■
.—J
10
Dominion Coal preferred——
__25
Dominion
Mar
26c
43 %
,
9
Consolidated
33'/2c
Z
Nov
43c
23c
•
14,900
19 V*
18 %
—
Mining
Feb
12c
35c
Kirkland
1
Discovery Yellowknife
17c
Feb
11c
Lake.—
Red Lake
9c
20.900 '
14% «ov
26% July
1.10
1
—
Get
.
l
Gold
Joburke
21%
19%
25%
100
Mines
1,000
10 %c
Mines
20% July
13
4c
57
Kelvinator
Denison
Mar
(8J>0 Jun
y6
Jack Waite Mining
Jacola Mines
59,450
m
/-——
Jan
1©
,
*1400
25c 27 %c
57
—1
—
Ingiis (John) & Co——
Inspiration Mining ———
48<
20'/2c
24c
_
Delnite Mines z
15c
Feb
"
Uranium
Nov,
32
Jan
9c
.Class 3
Aug
5.35
35c
*
preferred
Petroleum
1,100
25
15c
Impe-riaf Tobacco of Canada ordinary_5
Mar
9c
May
.*«.
International
Nov
90c
9c
75c
v
21%
International
35C
Nov
36c
26c
,150%
28%
Nickel
July
43c
Be
15c
21%
International
18c
Mines
Feb
Mar
7c
33,090
27%
Nov
1.60
35c
......
Jan
50c
3,44©
13%
__io
Metals
9,600
52
Petroleum
12%
27%
Jellicoe
D'Aragon
1-9%
11%
;
Bank
Coal
37c
1
—
1,300
0.5OD
11%
Imperial
International
23c
-
Jan
14%
24 %c
19%
6c
International
Mar
.100
a—
—
70c
95
16c
13% Dec
14c
6%c
Nov
22c
3D
Jun
May
Sep
1.04
©%c Dec
5%C
—
Jan
37c
7
1
—1
15c
Nov
100
14c
Bay Mining & Smelting-..
Hugh Malartic
-i—
—1.
Huron & Erie 20% paid.
.100
131%
Mar
23c
31
Mines
Pershing——.
66c
Juu
1.21
Imperial Mills
Crestaurum
Croinor
Sep
Jun
Jan
'2,000
.
—1
Mines—
154
91% Mar
145
Jan
1.32
.
35c
13 y4
12c
Mar
5c
1,000
10c
12c
_i_
___i_
Preferred
Conwest
13 V4
12%
Hudson
1.10
Apr
41c
45c
1
Consolidated Mining & Smelting
Consumers
"•
——2
Consolidated Duquesne
_i
Consolidated Homestead Oil..,
11
11
-
7%c
5c
©2c
4,000.
1
Gold
Imperial
Consolidated
July
9% Mar
5%c July
FebNov
80c
Apr
1.40
65c
;
66c
T/2c
*
—5
Howey Gold
Jan
3,100
14
—
Coniaurum
Nov
34c
1.85
14
Yellowknife
Commonwealth
37c
26c
1.80
1
Lake
Coiomac
13 %c Aug
172,500
26c
I
7,000
12%
—
,
i__•.
Yellowknife
Aug
5c
1.80
„__——__
Be
200
_•
Hosco
2c
8
,12c
2,500
17%
65
105
105
15
27
1.30 Mar
101
2.29
May
Manitoba &
Eastern
2%c
3%
2 %c
2c
6%e Nov
9%c
250
15%
Dec
23
.Mar
11%
650
11
Oct
15
/ Sep
9c
9%c
4,000
8c
Oct
31c
Jan
4c
1
r
13,500
18
11 Va
Gold
c
15%
_____
4c
1.000
3c
Nov
6c
Mar
23
Sep
'
General Steel
Wares
Martin-McNeely
common-
14%
Globe
Gold
Oil
God's
Goldvue
106%
Jan
6.10
Jan
7c
7 V4c
II.000
6%c Aug
2%c
2 y4c
5,000
._1
71c
14c
Feb
Nov
Massey-Harrls
38c
40c
9,300
14c
15c
7,300
10 %c io%c
15c
-1
80c
1,000
3c
Oct
62,450
Preferred
*%c
4%C
5c
9,700
2.92
2.84
2.95
30,671
36c
Nov
11c
Apr
19c
May
8%c
Oct
17c
Nov
7%c
Feb
Mercury
2.95
Dec
Mid-Continent
1.95 Mar
5l/2c
18,600
4%c Aug
-1
3'/4c
4c
12c
11 %c
12c
15,500
-1
3%c
3%c
3y2c
3,000
105
common
4c
-1
—.
104
105
10
100
-
.
3,500
.
3c
Sep
8%c
Sep
2c
Aug
-
Nov
Jan
McLellan
16c
9c
Jan
Milton
Oil
130
14c
9,100
50 V4
5,050
50
Nov
Nov
90
9c
Oct
July
•
——
Grain
—8
24 V4
7c
17%
33c
8,100
29c
6%c
7%c
7,200
1%C
Oct
11c
6V2c
1
11c
3,500
8c
Jun
22V2
6%c
17%
1.70
—
'
Mining
Corp
4%c Mar
Moneta
Porcupine
120
Nov
—
.
24'/4
1.905
15 % Mar
7%c
33,000
5Voc Mar
17%
50
1.70
100
265
49
Feb
53
Oct
10
11
Oet
16
May
100
July
17c
Nov
Mar
66
14% Mar
75c
Jan
*
10%C,Nov
29c
Jan
24 %
11c
17%s
Dec
■
Jan
•
25
18
23
Jan
Mosher
13c
1,000
10c
Sep
17%c
Oct
National
16 %"*
1.224
15% Mar
20%
Jun
8
11
1,290
40c
40c
3.700
20
—
20
170
1.15
Aug
3 >
Dec
6.10 Mar
•11%
28c
Mar
54c
14
May
21
Jan
Oct
May
Nov
Nov
21%
May
Sep
1
11
*
___i
Montreal Locomotive
870
15%
40
40%
260
75c
46.
93%
50
30c
Gold-
*
■
£5%c Jan
11
40
page
92
11c
—
Lake
Pacific
Brick
53
12c
fee
93
9% Mar
Feb
21%
footnotes
30 y> May
——1
Red
Mills
&
10%
15%
.
23%
Mar
50
Gold
McMarmac
52 y4
Graham
—
Mar
24
2,591
—_
Moore
Corp
73
common
Preferred
common—
16
205
14%
__xi*
McKenzie Red Lake
10%
B
Bousquet
Paper
A preferred
Guayana Mines
6,505
27
14
Nov
52 y2
Mackay class A
Great Lakes
^
Porcupine
Mar
1.09
22 V4
26%
14%
_100
!
common
McDougall-Segur
52c
83c
23
27
*
common
Preferred
McColl-Fromtenac
Midland
Preferred
For
Jun
4%c
Aug
70c
5c
Mining
Goodyear Tire
2e
17
Mclntyre
-1
Mines
Class
Apr
2.90 Mar
-1
Mines
Gordon
99
Porcupine
Goldora
Goodfish
40
4,585
38c
7
—I
—
—:
Manitou
Goldhawk
,
;
Gold
Eagle Mines
Golden
Mar
103
4.55
Gpld
Mines
Goldcrest
Gold
14
103
4.35
——1
Lake
Goldale
80
103
1
Mines'
Lake
4.50
—1
Yellowknife Gold
Glenora
15
.100
—1
Preferred
Giant
Gillies
75c
75c
5,025
-
Dec
Oct
79c
*
A—1.
class
14,500
12
64C
12c
Dauch
Nov
2,170
6c
——1
——
Willa'ns
Cochenour
Cochrane
Feb
7%c
7%c
—1
—
Oil
6c
1.75
5%c
Nov
5.00
6%c
9c
Hollioger Consol
1.75
1.64
1.66
6c
3.00 "Dec
17% May
*
Feb
30c
July
3%c Sep
''a?-;194 "
12
—_
Highland-Beil'
Sep
3.00 Mar
Jun
May
Apr
4,000
3.00
19c 23 %c
"
2.20
3.20
37c
13 % Mar
'
Jan
12%c Nov
-
23 %c
Nov
98o
.
4»/2e
3.00
7 %c
13 V4
145
Dec
7
100
" 11c,
4y2c
,
__
1
Jan
9c
__
17.
13%
—HZ-1 '*
i
Feb
Oct
.
High
Nov
17c
,
Jan
Gold
33c
Dec
6;600
55c
4,500
6c
16c
11
19c
16%
12
Aug
131%
1
i—
Mar
2.40
10c
1
Mines——
5c
50
Malartic
Gold
Carpets
13c
115
'
16%
Gold
2,500
11
*
1
10,000
135
_
——1
——
6%c
11
—*'•
—
_—
Heath
-1
__c
Alabastine.i—
14c 14 %c
14c
1
Harding
2.65
1.65 Mar
1,750
Low
70c
18c
__
Range Since January 1
High
63c
Jan
Jun
20
Feb
16
Low
__
1
—
&
Hallnor Mines
22
Homer
Chromium
Shares
—1
—
Dec
1.20
—__1
Gold
Chlrao
for Week
"
Gold
*12% Mar
1.02
135
—
Lime
10
-
Mines
Halcrow
150
>
Mines
ChestervlUe Mines
Gypsum
17
"
Preferred
Chesktrk
Jun
99
6%c
—'
common
103
99
106
Chartered Trust
99 V2 Mar
135
1
—
Lead
Hard
1
—_——
Centremaque Goid
Gunnar
9,539
1.20
*
1
Mines
Jan
16 %
,1——1
—.
Gold
Patricia
15
17
1
Central Leduc Oil
Mar
22%
99
—.—100
—
Gulf
22
class B—*'
Wallpaper
Sales
Range
of Prices
Par
Feb
11
-
High
88c
Nov
60c
16%
16%
*
STOCKS—
Range Since January 1
Low
Low
64c
*
Malartic
Oil
Week's
Last
Sale Price
for Week
of Prices
Par
Canadian
DECEMBER 10
Friday
Last
Canadian
ENDED
Sales
Week's
Friday
Sale Price
STOCKS—
WEEK
Monday, December 13, 1948
MARKETS
LISTED
CANADIAN
CHRONICLE
FINANCIAL
40
60c
Dec
Mar
44% May
1.15
Jun
Long Lac
Class
!
Drug preferred
National Grocers
National
.25
74
375
65
Feb
76
Apr
26 %
26%
275
25
Mar
27
Jun
_
-5
10c
1,000
9 %c
8c
Oct
15c
Feb
15%
15%
25
10% May
15%
Dec
15
__
__
common
Hosiery class A
B
__
15
•130
13 % May
16
Jan
17
17
45
10
Apr
17
Nov
16 %
16%
205
10
Apr
17
Nov
•
COMMERCIAL
THE
Number 4759
Volume 168
&
CANADIAN
RANGE
Friday
Last
STOCKS—
Par
National
Petroleum
,25c
Neilson
New
(Wmr
Calumet
New
Newnorth
New
New
Rouyn
New
Nib
Nov
Springer Sturgeon __1
25% Mar
34
Jan
Stadacona
23%
318
18 Vi Mar
26% May
100
108 Vz
103 % 103 y2
50
4!/2c
2.37
4%c
2.36
16c
!
100%
17 %c
15c 17 '/2c
9,500
103 %
Apr
15c
2,000
3c
75c
Mines
6c
7
6%
7
19 %
'
5
5
2.54
Mar
Noranda
31 %c July
Norbenite* Malartic
31c
Olsen
Stedman
Steel
Jan
7c
Nov
Aug
Nov
»
58c
14
13%
14
Gold
Mines—
9
Co
of
Canada
4
common
Northern
North
Mines—_
33c
11c
9%c-
12c
34,250
9%c
Dec
46c
Jan
Sturgeon River Gold
17c
16c
19c
12,133
16c
Dec
21c
Dec
Sudbury Contact
Star
Oil
7c
8%c
6,500
4c
Mar
10c
Nov
Sullivan
4c
Mar
74c
71c
88c
288,900
1.02
1.02
1.06
I,300
55
55
56
2,150
11 %c
1.32
43
Cons
Preferred
Sep
Dec
15
Sep
80%
120
67
Feb
82
Nov
82
300
72
Mar
83
Nov
5c
5c
5,500
1.61
1.85
20,475
12C
14c
1,100
Jan
Tamblyn Ltd
24C
July
7c
Oct
4c
12c
1.44 Nov
Apr
2.40
Jan
3.15
Nov
5,200
10c
500
14c
6c
4c
7c
16,400
2c
3.05
3.10
8,615
8%c
10c
24,000
4c
Jun
He
Nov
5%c
7c
9,500
4c
July
10c
Jan
.
River
Gold
Nov
3c
Oct
2,106
99c
Mar
8c
Nov
8c
8c
8c
4,000
1.10
1.20
6,950
28C
28c
1.05
2.05
Jan
19c
Jan
Nov
1.99
4
Jan
Sep
61c
Jan
'\i_
4
i_——
preferred
Gold
23% Mar
27%
1
_
29%
Jun
10%
65
9%
Jan
10%
Dec
2.55
2.58
2,852
2.30
Nov
3.50
Jan
1.40
2.55
27%
10%
10
Mines
25c
3,000
■
1.40
100
..
35
-
-
♦
July
1.50 Mar
40c
40c
1,080
38C
25c
24c
27c
19,000
14c
4C
4C
4%c
4,500
2c
Texas
Canadian Oil
5
__
55c
Aug
5%c
Nov
8%
Oct
6
Apr
Aug
Jan
48c
Aug
•
7%
7%
600
5%
5%
450
3% Mar
5%
■
"
Apr
Oct
.
„
4
Top Canners
4
Top
18c
class
Tailors
A—
9'/4
1.35 July
100
20
210
13,000
18c
"
4
— —
22 c
9%
20
Thompson-Lundmark Gold Mines
Tip
18c
Dec
9
16,500
-
1.45 May
Oct
10
Jan
Jun
21
Jun
18%
Feb
49c
>r
Torbrit
Silver
Toronto
Mines
_1
1
-
—
—
85c
88c
79c
July
11%
11%
25
10
Mar
172
172
30
172
Dec
11
11%
600
85c
4 '•
Elevators
Toronto General Trusts
•
5
Sep
15c
10,100
1.32
1.28
1.15
s.
common
Pearson
Tech-Hughes
*
9c
2lc
10c 11 %c
11c
1.28
1
—'
Mines
Dec
12c
Dec
13c
15c
Nov
"
50c
Taku
15c
Oct
Mines
Gold
24c
Mar
1
Inlet
Sylvanite
Nov
1.50 May
58
Nov
Dec
1.02
11 %C
•
___
Apr
94c
12c
1
1
common
13%
:
79'A
__
1
7c
l
—
580
10
'
Apr
4
Gold
Mines
5% Nov
Nov
Dec
1.63
1
Sep
l
Canada
Inca
Northland
8%
55c
81%
■
4
Tip
North
.
Apr
5c
80
.—25
._
7c
1
Norseman Mines
4
8,000
4
—.
52 c
65,317
l
.
21% May
4%
50
54c
16c
Mining
Norpick
Bros
9
J
:
Preferred
Jan
3.05
:
__
4
Gold
12c
_i
Mines
Normetal
A
/Steeloy Mining
Steep Rock Iron Mines
Taylor
Norgold
class
13c
1
Nordon Corp
Feb
8% May
8% May
Nov
65c
28c
4
Mines
Oct
Jan
68c
17% Ma r
100
Radio
Stanley Brock class A
Dec
Jun
5
__
1.62
Dec
5% Mar
190
*
High
1.18 Mar
44c
420
19%
Standard
Feb
12c
•
Mines
900
19 %
Surl
Nicholson
2,516
6%
4
l
Nipissing
44c
y
Low
*
1
Thurbois
Yellowknife
4,125
45c
—•
common
•
Merger
1.47
6%
45c
Range Since Januarv 1
High
1.42
1.45
*
_l
-
Low
Standard Paving common
Preferred
Jun
156,475
16c 19y2C
Shares
Feb
Starratt
6,761
5c
2.99
2%c Mar
7,50<)
44,050
5c
for Week
*
.1
Mines
Standard Chemical
Nov
30
1.91 Mar
2.54
1
l
4%c
Feb
24
57c 59 %C
l
__
Oils
18c
15
-
Pacalta
58c
85
5,600
Gold
New
Mar
9,600
28
1
Sales
Range
of Prices
Par
26
2.10
1
Nor zone
High
50c
28
l
Gold
STOCKS—
44c
2.05
Mines
Marlon
Low
28
Jason
New
Range Since January 1
High
2.10
L
Week's
Last
Sale Price
Friday
Shares
*
preferred—.—
Bidlamaque
New
MARKETS
for Week
.10
;
__
(2469)
DECEMBER 10
23
23
Trust
Mines
ENDED
25%
45c
_
Negus
LISTED
WEEK
CHRONICLE
Sales
Range
of Prices
Low
National Sewer Pipe class A
National Steel Car
National
Week's
-
Sale Price
FOR
FINANCIAL
100
••
.
1.08
Toronto
Iron
class
Works
11%:
4
A_
10%
Oct
12%
Jan
175
Oct
12
'
Jun
Jan
*
O'Brien
Gold -Mines
Okalta
1.50
1.50,
1.53
4,700
•
8'Leary Gold
Malartic
mega
Omnitrans
Ontario
1.55
1.46
1.71
16,200
92c
Jan
1.84 May
Traders
13c
13c
14c
4,000
10c
Mar
24c
Sep
Transcontinental
1
Osisko
3c
3c
2,000
3c
July
7V2c
6c
6%c
8,500
5c
July
16c
Jan
1.50
1.50
1.50
25
2
Mar
4%
5
1,000
5c
500
4%.
1
Feb
3%
Oct
10%
Mar
ll%c
Sep
6c
Aug
18 %c
Feb
1.15
Jan
8c
8%c
1
7%c
7 y2c
66c
69c
5,600
50c
Mar
11c 12%c
7,600
lie
Dec
'
—
Mines
1
Union
Mines
I
Pacific
lie
(Eastern)
Pacific
.1
—
Petroleum
6c
1,000
4c
11c
118,970
80c
Apr
3.65
Nov
35c
237,720
12c
Nov
36c
Nov
38
38%
28
1,295
Apr
39'/2
Feb
Jan
Pan
Porcupine
Western
Paramaque
Parbec
Oil
Mines
Perron
Gold
Pioneer
..
Mines
;
;
Gold
_
Rouyn
Voting
Pressed
Gold
8c
Mar
May
5c
Mar
II,525
31c
Dec
46c
Jan
13,000
8V2c
Dec
20c
Feb
68c
69c
6,100
G4c
Nov
82c
27
60
.25%
Jan
28
27
14V2C
13c 15%c
1.95
1.90
3.10
2T.50
4c
4c
35c
43 %
4c
268,200
1.80 Aug
3.15
3,210
2.30 Aug
5%c
18,200
36c
45
United
63c
70c
18,500
63c 6'5y4c
5,000
2.30
3.50
Feb
Jan
25c
Dec
Jan
United
51
230
2.10
2.34
7,800
2.34
12c
Silk
Riverside
<
7%
class
___
_
5.50
5.50
Oils
—_
17% May
17% May
Feb
Nov
2.10
6c
6c
6c
5c
Oct
8%c Mar
65c
28c
54.400
14%
14%
2,465
-
Mar
52c
Mar
1
Oils
Roxana
(Hiram)
Waterous
Class
Ltd
4
10% Mar
'
Jun
_
A
Feb
Russell
Mines
Nov
13c
Mar
2c
Oct
5c
Nov
35c
500
22c
Sep
38c
8.70
3,755
Products
Western
Grocers
;
common
13
50'
8c
8c
1,000
37 %
37
37 %
19
19
3iy4
31%
31%
_
31%
31%
.
4
100
:1
A
Weston
151
13
—4
2nd
preferred
Antonio
Sand
River
Gold
Winora
Feb
38 %
55
19"
Dec
25
Jan
160
29
July
33 %
Jan
200
,
25
31%
Rouyn
5c
Mar
12c
Feb
1
6c
6c
1,500
5c
Aug
11c
Mar
33
34%
3,720
24
6c
33
—4
VB
4%c
'Shawkey
Shea's
Mines
Brewery
Sheep Creek Gold
class
Ymir
Mines
Bear
York
Breweries
Silver
Silverwood Dairies
17,100
15c
Dec
40c
Feb
60c
60c 61 y2c
5%c
_i_—
16,340
55c
Aug
81c
May
7,000
3c
Oct
10c
Nov
6%
a%'
4
580
Jan
Jan
28c
Feb
Canadian
30
30
100
Sep
33 %
Jun
Friday
10 %c
12c
18,500
3%c
28
Toronto Stock
Oct
18c
Nov
35c
50c
18,000
Nov
25%
945
23c
Aug
23% Mar
54c
25 %
25%
Jan
24%
24%
954
16
Feb
27'%
Oct
14c
16c
39,000
6%c
3,200
19
1,470
7%c
8c
2,500
22
22
115
__
5c
5c
13
5c
Sep
16c
Mar
23c
Jan
Feb
19%
Nov
Jun
10 %c
Western
22
Nov
26% Aug
15
15
25
14
Oct
15%
84
20
80
Aug
85
Asbestos
3.55
3.55
3.65
2,540
Columbia
Co
Brown
Vinegars
Vickers
Feb
12c
Jan
Canadian
67 %c
Feb
Canadian
24%
Oct
Consolidated
20c
Feb
2,500
90
20% May
9c
10
July
Feb
Crown
1.62
3,800
Mar
1.82
1.97
2.08
17.401
1.43 Mar
3.20
Apr
Dlsher
17
17
120
11% Mar
17V4
Nov
Dominion
July
8.50
Feb
6.75
6.90
450
45c
45c
52c
40,450
30c
Sep
70c
Sladen
28c
32c
41,050
20c
July
48c
Jan
12%
Jan
9%
326
9% July
94
Dec
30
550
24
Mar
31
Jun
Ogilvie
24
725
18
Mar
26
Jun
Pend
98
37c
1
24c
21c
98%
105
40c
14,800
24c
4,400
22
Nov
185%
Feb
6%
Jan
Mar
115%
Jun
4%
4%
3%
I,875
20%
80
310
103% 104%
Oct
15%
965
21%
10
Apr
Mar
23
Oct
14
July
12%
12%
25
22
23 %
785
19% Mar
24%
Jan
73% July
81
Dec
81
81
25
1.95
2.00
600
1.50
Nov
—*
55%
57
125
20%
Apr
134
135
20
3%
3%
II,125
4
100
preferred
Bridge
preferred
Glass
126
Oct
3.00 July
59%
192
Oct
55
57
-*
57
1.35
1.35
1.50
18
17%
18%
,
.
3%
39
225
1.00
550
10
Oct
45c
5,140
Sep
4% May
57
Dec
2.25 Apr
21% May
8
134
33c
Mar
14% Mar
2,991
8%
Feb
33C
Sep
10
Dec
33c
Dec
60c
Jan
24%
29 %•
4
29 %
35
Apr
25% July
105
27
Feb
50
33
Jun
33% May
35% July
20
Oct
23%
205
24%
29
35
4
20
.
*
—
&
Paper
Paper
Flour
20%
21
903
3.40
3.55
1,900
56
55%
58
1,135
46
Mar
4
22
22
22%
1,340
20
Feb
28
May
23
23
500
Dec
28
May
5.60
5.50
5.95
7.550
50
50
80
_4
40c
40c
170
1
7c
7c
1,100
common
1
Oreille
Jan
Reliance Grain
24c
Mar
55c
Apr
Southmount Investment
Jan
Jan
21
3.45
4
common
Ontario
101%
39c
21%
—4
Paper
Oil
Mar
Nov
3%
2
4
96
20c
153
99% May
30
28%
23%
For footnotes-eee page «€.
20%
4
International
94
96
10
1
24
.—
Oil
Oil
Donnacona
29%
94
155
4
Paper
Steel
Foothills
pfd—_100
—
Gold
Malartic
__4
4
Feb
29c
9%
115
Nov
1
—
Jun
113%
5
Westinghouse
Dominion
Daihousie
1.58
6.50
May
Sep
Mar
v
11% July
1.99
98c
Western Lumber—
Copper
1.59
*
Slscoe
—
Mar
11%
30
25
72
Jan
38c
10c 10 %c
common.;
Preferred
4.35
Dec
3.00 Aug
17c
11%
Rand
Marconi
Oct
695
Hlg\
'
135
20
150
1
Ingersoll
Canadian
6c
19.400
Low
25
25
Sep
Aug
1,000
40c
Sugar
Industries
3,000
24%
Range Since January 1
High
"
104
4
and Dominion
Canadian
7c
38c
4%
100
4c
23%
Low
Shares
155
1
common-
3c
7C
for Week
115
Pulp & Paper com—4
Preferred
6%c
38c
Sales
Range
100
1
23%
Week's
of Prices
25
4
Corp
Preferred
•
Dairies
r.
Fnnds
Sale Price
Par
3c
•
Class B
'
Nov
Mar
83%
,
Simpson's Ltd class A
8%uJan
5% Aug
Exchange-Curb Section
STOCKS—
Minnesota
Silverwood
•
'
Nov
6c
^
2.00
6c
5%c
8c
6.75
A
Jan
2,383
18c
7,000
1
class
2.90
Nov
Jan
2.11
8%c
__
-r_.
Dec
Nov
8c
Nov
•
Mines
35%
100
15c
9c
I
Mining
Miller
Oct
2.05
3.35
18%
Sigma Mines (Quebec)
Silanco
Apr
a
50c
common.
Feb.
3 %c
18c
______4
■
Knitting class A
Dominion
Slck's
20%
95
40
1,000
c
1
______
Girl
Yankee
4 y2
2.05
13c
A—50c
Gordon
Jan
_"
—v
Feb
1
t
Winnipeg
Sherritt
com
28
101%
Apr
__1
—
Yellorex Mines
99'
98
—1
Wright-Hargreaves
Coast
Power
Feb
Jan
97%
Sep
1
&
4
36% May
22
Apr
4
Ltd
Water
Dec
Nov
55
5c
16c
,
Senator
Shawinigan
-
50
—100
—1
Gold
Sannorm Mines
26%
14% Jan
19 %c Mar
7,000
4c
42c
1
8c
7c
Gold
Canadian
Ltd
Dec
Nov
13
99%
23%
1.02
1
Mines
Nov
99
Winnipeg Electric common
Canadian
San
13
6%e
23%
4
1,300
99
.
Oct
31% May
Apr
1
Canada
new
10%
1
.
3,000
49
Paper—
preferred new
Mar
24
,
Lawrence
1st
Nov
9.85
:
common
Canada
St
Jan
100
(Geo)
Preferred
2,500
1
Ryanor Mining
St Lawrence Corp—
1st preferred new
4.60
3,495
12
4
i
Preferred
Class
28 y2
3.00
•
common
7.20 Feb
5 Vac
28
6%c
12c
__—_I—_1
—
5.15 Mar
4,000
3,000
11%
5%c
»
Industries
2,35
9c
1
;
——
Westeel
28%
5c
•
1
8% May
Jan
Nov
•n' t16% Nov
25%
Chibougamau
Rupununi
•
5.170
6.00
4
—
Wekusko Consol
British
Roybar
Dec
17c
5V8 Mar
1.27
2%c
4
W)
(G &
common
8c
__
_
7%c July
Dec
90c
.
—
_
2.50 Nov
8.55
8.60
4
*
6%c
1
•
Co
Royal Bank
Royalite Oil
Dec
1.15 Mar
-
35c
_r.
5c
1
Jun
51
8c
Jan
1.05
48c
Dec
55c
10,000
1.05
Walker
Yellowknife
1,200
61C
88c
Amulet
Preferred
Feb
1.00
Waite
Feb
Aug
1.25
__
Lac
Jun
Apr
2V2c
8c
Last
Long
Jan
12c
25
Feb
Jan
Mar
11
15
'
•
'•ill
Roche
Nov
10
Aug
45%
2,121
_1
72
50
10%
*
A
8c
Apr
NOV
1.03
•7% Aug
940
1.40
2.90
1936>
12c
20%
Mar
16
9,400
6%
1.35
1
—
Gold
88c
50c
1,885
30C
Ltd
Villbona
Wingait Gold
1,400
28C
Ventures
Jan
2,910
2,000
1
15c
6%
1.35
>
1 *,
Vicour Mines
Nov
13
•
50 y2
4
56c
1.35
16%
63c
:aL
255
9
4
Mines—
47'%
1.30
—1
Gold
Richmac Gold
July
35c
10,091
23%
4
Steel
Canada
.
Feb
11%
16%
___!
9c
23
9
6%c
Regcourt
6c
,19% Dec
3,002
9c
23
50
Oils
United
Nov
13
_____
preferred
Wiltsey-Coghlan
1.31
l
9%
9c
4
:
Hill
Keno
37
595
65c
.*•*
Nov
1
;.
__r_
2.000
1
•
34c
2,000
43 %
4c
Feb
May
17c
Aug
1,668
1.95
65c
Macdonald
Reeves
Aug
2c
Dec
9c
4
_____
—
Mining
4c
3,500
40c
;_i
—
;
__;
Manitou
Quemont
500
4c
_1
Dome^
Labrador
4%c
_1
Purdy Mica Mines.
Quebec
Dec
35c
1
certificates..
Quebec
28c
8c
l
Gold
Quebec
42,900
31c
1
___
East
Dec
31c
4
Metals
Preston
37,500
Jan
86c
8%c
1
i.
Gold
trust
Power Corp
4c
1
River
Powell
4y2c
*
___,
.
Reef
Porcupine
40c
1
__
—
Peninsular
Powell
28c
1.55
4,450
1
Mines—
225
72c
1
,_1
;
Mines—
Gold
Porcupine
89c
1
—
Crow
86c
—1
__.
Photo Engravers
Piccadilly Porcupine
Pickle
89c
,30c
r-~.
Cons
Gold
Pen-Rey
4
—
Malartic
Paymaster
Ltd—
Mines
9c
19 y2
61c
65c
•
;
Vulcan
\
Pamour
19 V*
^4
Feb
3.30
17c
38 %
Tubes.
6c
2.40
23c
_
Hershey
Feb
2.62
Rights
Page
70c
—
Resources
Gas
Upper
Osulake
—:
Finance class A
Union Mining
United Corp class B
United Fuel class A
Jan
—____1
Lake
Lake
Jan
6%c
-
Gold
Red
2.20
*
j.
Orange Crush
Orlac
"
1.40 Mar
,1
Supply
8c
19 %
_1
Jan
•
1
'
Exploration
Beauty
Orenada
Towagmac Exploration
___l
_
Oils
Temiskaming
Mining
4
50
2.60
23
2.25
Jun
Feb
4.10 Jan
70%
Jun
6.50 Nov
50
Dec
37C
45c
Nov
6c
8c
Jan
22
Jan
46
THE
(2470)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, December 13, 1948
OVER-THE-COUNTER SECURITIES
Quotations for Friday December 10
Investing Companies
Bid
_1
Affiliated Fund Inc
1%
Amerex Holding Corp
10
American Business Shares
1
Associated Standard Oilstocks
Shares series A
2
4.80
Sescurltles
Aeronautical
1
8
Axe-Houghton Fund Inc
Axe-Houghton Fund B
1
1
*
—1
10c
Corp
Holdings
Blair
Corp
Inv Tr of America
Bond
Inc
Fund
Boston
5.27
4.07
3.72
Bowling Green Fund Inc
Broad Street Invest Corp
5
"
/
7.21
14.32
4 V*
2 V*
90.99
18.89
7.82
15.75
7.79
15.57
4 k
3
94.78
20.42
7.83
100
1
Preferred
Investment
Commonwealth
--1
25c
Fund
Delaware
Shares
Dividend
5.40
Furnishings shares
3.71
National
4.05
1.52
«.l
xll.01
13.55
12.96
13.92
1
8.55
Int. Rate
Maturity—
9.24
Bid
Howard—
Fund
Stock
3.73
Jan.
1,
1949
100.0038
.0093
tl%s
Feb.
1,
1949
100.0019
.0129
tl%
Mar.
100.0011
.0097
tl%s
Apr.
6.46
7.00
4.24
4.63
June
1,
1940—
100.0821
5.17
5.72
4.95
5.41
1
5.87
6.42
tl%s
3.77
U%s Dec.
England
York
Stocks
Group SecuritiesAgricultural shares
lo
1®
Aviation
shares
lo
Building shares
lo
Chemical shares
lo
Electrical Equipment shares lo
Food shares
lo
Fully Administered shares__lc
General bond shares
lc
shares
Automobile
5,15
6.37
6.14
6.73
Bank
46.48
5.81
1
9.18
Building
supply
series
bond
Steel
shares
Tobacco
Utility
1
10.99
12.04
10.27
11.25
5.14
9.84
10.78
7.27
7.89
Electrlclal
7.97
Incorporated
Insurance
stock
1
Machinery
Merchandising
6.95
7.54
Metals
I
8.60
Insurance Group
Stock
and
8.15
Oils
1
15.86
10.76
1
5.50
5.27
5.64
Railroad
6.12
6.96
7.55
5.24
4.55
4.95
Republic
Investors
5.31
Russell
4.39
Scudder, Stevens
-
4.52
4.18
xl.58
1.62
20.04
21.66
7.76
lc
70C
10.41
lc
99c
;
1.10
30,
73c
1
20.80
1
17,41
—.—1
5.94
Stock Fund...!
18.55
Fund
Corp.*■'*.
series
A
_
Income
28.08
United
25.21
Wall
Bonds)
1
16.33
17.82
Bonds)
1
9.21
10.05
Whitehall
15.45
16.86
19.50
Wisconsin
27.74
Inc
.
13.40
14.62
11.30
Unit
Investment
Co
bl.60
1.50%
Treasury Bills
Bid
Feb.
3.
1.00%
Feb.
10,
1.00%
1.06%
Feb. -17,. 1949
Feb.
24.
1949
1.06%
March
3
bl.13
1949
1949
0.90%
1.06%
March
10,
Ask
1.06%
1949—
bl.14
1.07%
1949
bl.15
1.08%
;
bl.15
1.08%
hi.16
1.09%
bl.16
1949.
1.08%
bl.15
—
1949..—
1.09%
New-York
12.33
Diversified
Series
Par
City Banks & Trust Cos.
of
the
Manhattan
Co—10
Bank of New York
Bid
•
\
Ask
24%
Par
First
26%
National
100
.301
316
Guaranty
10
38
40
industrial
100 '
98
102
Bank
Bank
Irving Trust
Kings County
100
Trust
9.85
Central Hanover Bank ft Trust 20
83%
86%
Lawyers
9.55
Chase National Bank
15
33
35
Manufacturers
16.55
18.07
Chemical
10
40%
42%
Morgan
&
15.57
16.74
Commercial National Bank
3.25
1
Trust
3.53
& Trust
ft
20/
E
2.80
91.08
Series
X43.22
44.10
Series
2.43
37%
10
Fiduciary
52%
Public
83
Title
10.
33
United
2t»
49%
Inc
100
198
204
12%
Co
44 %
Co
33
38
80%
83%
City Bank
Sterling
12%
/
79
11% /
1
1,415
25
Pi
i
15%
46%
51%
24%
50%
50
_
Federation Bank ft Trust
39%
23%
x!4%
New
York-
Trust
Nat'l
25
Bank
ft
Trust_17%
National
Guarantee
37%;
68%
2.44
Trust
31
Trust
39%
64%.
—25
3.40
1
X89.26
2.13
1
Mutual Fund—*
Second Fund—10
7.45
1
Independence Trust Shares
6.49
(J
National
.
Co
Empire Trust
Shares-
Trustee
Bank
30
100 1,375
Trust
Trust
/
259
28
10
9.37
Ask
1,240
250
of Commerce. 10
0.06
!
Bid
100 1,180
Trust
&
12
9
10
100
530
560
North Amer Trust Shares—
■
■
Far
V"
*
1955
1956
.
Bid
,
Companies
—
Bonds—
Ask
Par
Home
•
Bid
Ask
...
10
77%
81%
5
29
49
51
Insur Co of North America
10
105
109
53%
55%
Jersey Insurance of N Y
20
39
42
28
57
Casualty
Equitable
«
Assur
44
46
42%
8
8
Fidelity & Casualty.5
American of Newark
2%
10
10%
Massachusetts
20
21%
Merchant
131/4;
14%
Merchants A Mfrs
9%
17%
30
National
Reserve
10
29
National
Surety
28
59 %
62
National
Union
10
35 %
38%
New
•
New
28
80
60%
62%
New
York
North
Continental
Life
Casualty
Inc—
employees Group Assoc
Employers Reinsurance
27
.1967
95%
8
26%
21 '/a
,37
2
Pow
Michigan
Bell
Lt
ft
.1978
3%
50
10
—10
36
*
10
33
New
Tel
Elec
66
Preferred Accident.
57
61
Hooker
Kentucky Utilities 4%%
.1978
101%
102%
New
3%s .1079
102%
56%
59%
10
77
80
8
14
20%
89
103
4
Northwestern Bell Tel
N
100%
101%
100
San
101%.
preferred
*
k_-_
pio-xoy
98
*
100
England Gas ft Elec—
% %
preferred
Y State
.100
Electric
85
86%
ft Gas—
101
Power
3s
.1978
-
4.50%
preferred
100
OklaGas ft El 5%%
;
Penna
Diego Gas & El 3s
-1978
Pub
102%
Pow
Ser
&
Lt
Power 3s
.1978
101%
102
101%
102
3.50%
106
105
106
pfd_100
103%
105
4.40% .100
102%
103
4.60%
tlndianaj
—
preferred
Rervicp
Reynolds
„
104
100
pfd
^Colorado)
Public Service
Wise-Michigan Power 3s_. .1978
Providence-Washington
10
20
87%
pfd.100
Electrochemical—
100%
4.50%
163
Fire
4%%
102 %
84
159
Laboratories
100 V*
Public
10
94
preferred—20
101%
Pacific Pwr ft Light SY**.. .1977
Co
20
B)
Lt
.1978
87
Phoenix
Fidelity A Deposit of Md
100
.1988
Fire
Federal
21%
Light—
3y»s
Ohio
6%
Indemnity
1 Allen
Ask
20%
•
3s
England Power 3s
West Penn
35
ft
convertible
4 % %
Narragansett
24%
«
Pacific
101
45
52
34
100
Power
Pow ft
Bid
'
Refining
preferred
Mont
-5%
Florida
15%
Northern
10
:
30%
Northeastern
83
63
5.40'/c
49
5
River
19%
79
-
101%
31
7
110
Fire
Pacific
A Forster
25
29
4
Fire
10
8
General
101%
tr
&
preferred
23%
(Detroit)—10
Amsterdam Casualty
Hampshire Fire
Louisiana
Par
Oil
conv
Elack Hill
.1973
84
10
Fire
21%
6
-
Fire
American
Connecticut
Chesapeake ft Ohio RR—
Cudahy Packing 2%s—
8
Assur
Causalty
American
Shippers
r
18%
28
Bonding
Fire
Re-Insurance
Boston
30%
Du
American
Automobile
Stocks—
Ashland
14%
22%
1
$2.10 Prior preferred
10
$1.05 Convertible preferTed.fl
13%
2IV2
4
Automobile
100%
61
10
Maryland Casualty common
American
Ask
99%
.1978
Trust
Security Issues
Bid
Arkansas Pow & Lt 3%s
States
$1.20
10
A Surety
Alliance
Orum
1.50%
bl.13
20,
Jan. 27,
Continental Bank A Trust
10
Corn Exchange Bank ftTrust_20
5.06
Agricultural
Camden
1.50%
bl.60
hi .1 3
1
Brooklyn Trust
10
A
bl.60
1-49
bl.13
1949
Bankers Trust
Type Trusts-
4.94
American
Bankers
1-49
9.-
bl.12
1949
Bank
18.53
21.28
25.43
Fund
4.61
Insurance
American
1-49
8-
1-48
*
Wellington Fund
Life
American
7-
1-48
1
Shares—
Street Investing Corp
4.52
■
American
1-48
12-
..1
Fund
26.87
Fund
Casualty
Aetna
1011-
1.50%
•
Ask
Recent
Aetna
1.65%
-'1.65%
1.35%
7.23
Bond
Union Preferred
Insurance
Aetna
1.50%
bl.12
81C
10c
—1
Knickerbocker
.
1.40%
bl.60
bl.12
1948
6.
13.
6.33
Trusteed Industry Shares— _35c
23.11
(Income pfd Stocks)—..1
(Appreciation pfd Stks)_l
(Quality common Stka)_l
(Income com Stocks)—1
•
bl.50
1-49
20%
5.78
1
—
Inc.
Investment
1
(Appreciation comStks)_l
8-4 (Low Priced com Stks)—1
/
Ask
,
2-49
6-
.
1
8-3
.
Bid
5-
1-48
11.27
19 V4
Union
78C
13.29
Loomis Sayles
Loomis Sayles
Due
1-48
9-
47.15
Union Common Stock Fund—1
lc
Keystone Custodian Funds—
•
1948
1948
78c
X12.98
8-2
bl.50
49.75
Investors Management Fund—1
8-1
2.75
7ic
Co
C
K-l
1.40%
1.40%
Jan.
27.13
46.75
Street
Series
K-2
2.51
X25.23
2%
Investors..
Inves
State
7.36
(Speculative
bl.50
bl.50
16,
23,
Dec.
15.17
•
Standard
8.51
6.72
B-4
1-49
Jan.
14.11
Shareholders Trust of Boston..!
Boston—1
Priced
Dated
12-
/
Inc..
B
(Low
10.60
1
& Clark
Selected Amer Shares
Series
B-3
/
wi
4.51
10c
5
Bds)
9.67
Dec.
Dec.
25
—1
Fund
Berg Fund Inc
Fund
4.91
1
Bonds)
1-49
4-
5-2-49
Bid
8.77
1
Fund
4.04
4.89
13.40
(Medium Grade
3-
1-48-
2-48
United States
6.81
8.00
0
Trading
(Geo)
28.13
(Investment
1-48
78r
6-
'
Jan.
12.23
B-2
.0305
9.86
6.21
,
_1
ft
25.88
B-l
,
1
1'
Tobacco
5.69
;
equipment
Steel
Ltd—
of
1.65%,
5.78
1
Investment Trust
Rate
6.03
1
Utility
lc
lc
—lc
America
of
1.30%
11.79
Pacific Coast Invest Fund—1
Putnam
shares
Group
Bond
Co
1.50%
bl.50
17.38
lc
Investment
100.0197
..
9 42
7.51*
4.05
lo
Shares
wi_—
10.13
9.00
4.69
3.72
Aviation Group shares
Bank Group
shares
1949
11.40
9.24
1
6.26
10,22
Sovereign
Institutional
10.40
>1
5.77
9.43
4.31
Petroleum
Investors
15,
.0372
8.73
Industry
preferred stock_l
equipment
1
8.18
Inc
Fund
1.25%
;•; 5- 1-48
1.55%
2.65
Income Foundation Fund
Ask
bl.50
1-49
1.55%
Diversified
lc
shares
Bid
3-49
1.55%
Diversified Investment Fund.l
Diversified
7.'54
shares
Plan
Howe
10.57
Due
1-
1-48.
4-
5.58
2.43
lc
lc
;
11.21
1.55%
2-
1.55%
6.74
Public
RR Equipment shares
Railroad stock shares
10.08
1
Railroad
—.10
8.53
10.02
6.15
8.05
shares
Dated
7.78
1
6.21
9.79
shares
100.0213
1949
.9832
Federal Intermediate Credit Bank Debentures
Rate
5.66
7.42
Bond
9.69
1
Chemical
6.51
shares
1.
.9898
99.9722
1949
10.06
-
stock
9.32
Mining
.0288
99.9805
Inc—
8.84
shares—lc
Investing Company shares.lc
Low Priced shares
lc
Merchandising shares
lc
Railroad
1.
Oct.
100.0108
1949
3.63
1
Industrial Machinery shares lc
Petroleum
1949
1,
15.12
1
'7.06
Institutional bond
3.45
3.32
14.10
1
Corporate
.
1
1
Fund
1949—
1,
1,
t1%s July
Aviation
6.59
4.80
Corp
Capital
1
Automobile
14.44
43.23
General Investors Trust
3.52
Agriculture
5.75
X13.18
Trust shares
Fundamental
General
3.22
New
25%
—
Fund—
Fundamental Investors Inc.
First Mutual Trust
—1
tl%s
New
Ask
tl%s
.1079
tApril lr 1950-
1.90
1.75
23 %
Corp
Boston
25/21
Bid
.0090
tJan.
6-91
1
Series
Indebtedness—
of
1%% 100.0037
7.31
6.32
.
Low Priced Com Stock Series 1
3.89
23.32
119%
.—1961
..
1%%
6.69
1
Selected Group Series
16.46
15.39
—
Equity Fund Inc
-i
Fidelity Fund Inc
—Financial Industrial Fund
First
25,33
23.69
118
3s
Maturity—
•
Certificates
Treasury Notes—
Industrial Stock 8erles
'
Fund
Balanced
100.6
Price
Ask
,
Stock Series
Eaton A
100.4
100.3
U. S. Certificates of Indebtedness
Dollar
Series
Series
100.1
1949
Canal
1
Stock
100.3
100.4
1949_.
22,
Sept. 15,
Panama
14.81
Series
Speculative
100
100.1
Other Issuta
11.90
1
Corp..
Bond
Ask
Bid
,
1949—
1949
26.14
1
Priced
July
1 %s
101.4
Securities—
Investors
Income
1.65s
98
100.24
20,
15.
7.90
X24.18
Inc
Fund
Preferred
98.12
1, 1953-1951
1, 1955-1953
2%s Feb.
Jan.
Apr.
point
a
Banks—
4.47
7.21
1
series
Low
l%s
1%R
4,09
National Security 8erie$—
Bond
99.28
98
Loan
Home
4.67
1
Fund
99.20
97.20
3.73
4.24
Fund Inc..loo
Mass Investors 2d Fund
t.
32nds of
more
or
—
1952-1950
1,
one
Federal
Ask
4.07
3.38
lc
Mannattan Bond
Balanced
3.69
;
lc
Mass Investors Trust
Nation-Wlde
3.78
lc
shares
Invest
4.09
3.43
Bid
1%8 Oct. 1, 1950-1948
1%S May
1%S Jan.
3.34
3.71
lc
shares
Mutual
3.03
lo
Metals
shares
Petroleum
14.92
1.38
3.73
Paper
5.87
13.65
3.50
3.38
Steel
149
144
Federal Land Bank Bonds—
3.17
Home
17.03
Figures after decimal point represent
Ask
lc
None-Ferrous
16.20
17.75
1
4.15
5.00
Canadian Inv Fund Ltd——-—1
30.72
33.03
Century Shares Trust
1
12.89
13.95
Chemical
Fund
1
2,830
Christiana
Securities com_100 2,730
Bid
Business Equipment shares.lc
Drug shares
lc
Electrical Equipment shares.lc
General Industries share»._lo
9%
Ltd
Fund
Bullock
Funds—
Automobile shares
■
,
Ear
Managed
3.99
3,65
8%
Obligations Of Government Agencies
Mutual Funds—
24'A
22 V*
—
Beneficial
Ask
Par
Mutual Funds—
(R
100
of
Ji
Npw
Mexico.7
,
80
83
14
13%
Tcbacco—
preferred
,„_100
101%
100%
14%
Assn
Fireman's
of
Phila.
Fund
of Frisco
Firemen's of Newark
Reinsurance Corp
Republic
3%
—
22
24
—8
44 J/4
46%
Republic
8
Globe A Rutgers Fire com—15
2nd preferred
15
10%
24
73
6
(Texas)-
31%
32%
A
American
8
Hanover Fire
Hartford
Fire
Hertford
Steamboiler.
Tucker
11%
Surity,
Security (New Haven)
Springfield Fire & Marine
46%
27
Standard Accident
32
32%
121'
:*rt-
32
a
Odd lot sale
included
change.
dividend.
Travelers
•
35%
U
S
100
Fidelity A Guaranty Co
610
Fire
...
——
2
48%
4
Fire
U S Guarantee
Westchester
s'n
Co-
preferred
Eastern
100
92%
94%/
*
11%
12%
1
1%
1%
Transmission
Corp "A"
78
Seaboard
U S
% %
29%
77
Great
Olobe
10
4
Texas
(N Y)
St Paul Fire A Marine
General Reinsurance Corp
Glens Falls
Tennessee Gas Transm
34
57
10
2.80
635
x
Ex
in
n
year's
(not Included in
range),
e
year's range),
Ex-interest,
Admitted to trading N. Y. Curb,
(Un) Admitted
dividend,
50%
y
to
Ex-rights,
Unlisted
z
Ex-stock
f Flat
r
b Big yield
price,
Cash
Trading
sales
price,
k Admitted
(not
privileges,
d Deferred delivery
to
included
wd When
listing
in
on
N.
Y,
year's range),
delivered,
sales (not
Stock Ex¬
t Ex-stock
wi When
Issued,
dividend.
60
71%
74%
37
39
•No
par
dividend paid
value..- tin
on
May
default,
10.
•
iThese
bonds
are
subject
to
all
Federal
taxes.
7Ex
$40
cash
Volume 168
Number 4759
THE COMMERCIAL &
THE
Bank
with
clearings this week show
a
year
ago.
COURSE
decrease
a
compared
Preliminary figures compiled by
based upon telegraphic
adviues from
the country, indicate that for the
the
chief
us,
cities
of
Saturday,
all cities of the United States
from which it is
possible to obtain weekly clearings will
be 1.6% below those
for the
corresponding week last
Our
year.
against
preliminary
$14,340,067,021 for
this center there is
4.2%.
totals
stand
the
at
$14,112,183,676
week
same
in
1947.
At
loss for the week ended
Friday of
a
Our comparative
summary for
the week follows:
OF
BANK
the
foregoing will
appear
We
canont
them
furnish
in
issue
our
of
today, inasmuch
next
as
the
week
Saturday and the Saturday figures are not avail¬
going to press. Accordingly, in the above
we
statement, however,
present further below
but
has to be estimated.
cases
Dec.
4.
For
that
week
there
was
decrease
a
show
BY
TELEGRAPH
the
Boston
Reserve
District
the
totals
record
a
The Cleveland Reserve District,is able to
increase of 11.3%, the Richmond Reserve Dis¬
an
trict of
1.5%, and the Atlanta Reserve District
of 8.1%.
In
the Chicago Reserve District the totals show
an im¬
provement of 6.1% and in the Minneapolis Reserve Dis¬
trict by 4.6%, but in the St. Louis Reserve
District the \
totals show a decline of 2.4%. The Kansas
City Reserve
District lias-managed to
of
2.1%, the aggregate of clearings for the whole
country
having amounted to $15,615,253,206, against
$15,952,605,208 in the
same week in 1947.
Outside of this city there
increase of 3.8%, the bank
clearings at this center
having recorded a decrease of 7.0%. We group the cities
enlarge its totals by 1.4%, the
by 5.4% and the San Francisco
Reserve District by 5.2%.
*
'
was an
CLEARINGS—RETURNS
in
gain of 3.0%.
which
we are able to
give the final
complete results for the week previous — the week
and
ended
47
according to the Federal Reserve Districts in which they
are located and from this it
appears that in the New York
District (including this
city) the totals register a loss of
6.7% and in the Philadelphia Reserve District of
2.9%,
week.
able at time of
the last day of the week in all
In the elaborate detailed
(2471)
CLEARINGS
Complete and exact details for the week covered
by
ends
week ended
iDec. 11, clearings from
FINANCIAL CHRONICLE
Dallas Reserve District
r
Per
Week Ended Dec. 11—
V
New York
1948
1947
Cent
$7,066,882,163
$7,380,386,919
607,698.872
620,501,951
880,000,000
903,000,000
431,471,349
446,589,981
267,440.232
Chicago
265,318,215
Philadelphia——
Boston
Kansas City
St. Louis
255,200,000
293,707,625
Cleveland—;
309,463,073
209,913,149
—
—
+
210,808,511
Pittsburgh__i
-
i
.
305,518,000
—
.
0.8
2d
+
5.6
2,706,298,160
__
0.4
—
2,541,434,725
+
3.4
6.5
Total all cities, five days_
All
cities,
one
$13,334,592,623 $13,538,464,806
day
777,591,053
Total all cities for week—
—
801,602,215
—
$14,112,183,676 $14,340,067,021
—
1.5
St.
9th
Our usual monthly detailed statement of
transactions
on
the New York Stock
Exchange is appended. The
results for November and the eleven
months of 1948 and
1947 follows:
,
<
'
"
"
6,321,825.330
"
1,048,621,747
Kansas
524,212,227
7
"
417,326,208
10
"
524,553,247
Dallas
"
312,736,373
296,605,988
816,929,915
776,684.870
15,615,253,206
_
.
_
7,249,863,334
—
12th San Francisco
Total.:
Outside
N.
—111 cities
Y.
City.
875,052,457
894,832,379
11.3
716,619,919
1.5
403,179,748
8.1
570,811,656
+
6.1
857,188,188
813,833,736
2.4
447,331,596
388,527,744
4.6
334,317,613
278,641,898
438,731,096
324,571,644
184,439,012
15,952,605,208
7,522,844,046
_
•
517,417,205
6
City
'
9,946,060,144
+
i
398,798,734
—
7,667,436,815
+
988,112,971
"
*
640,080,230
+
584,371,961
4
1945
'
'
$
512,437,661
2.9
—
439,746,435
i
1946
'
6.7
1,043,243,146
832,776,401
'
or
3.0
+
8,960,813,616
446,185,495
10
5
926,834,978
"
Louis
Inc.
Dec. %
577,190,361
1,012,858,089
"
16
:
*
1947
8,358,678,'979
•"
6
-
Minneapolis
10th
CLEARINGS
$
7
,r,
—
Chicago
3.0
1.6
12
.——11
—
Atlanta
8th
BANK
594,490,618
Cleveland
6th
OF
$
.
5th Richmond
11th
'
York
7th
$10,628,294,463 $10,997,030,081
by Federal Reserve Districts:
1948
Philadelphia
4ch
8.9
.
cities, five days
New
3d
8.9
+
summary
Federal Reserve Districts
1st Boston
5.9
—
a
Week Ended Dec. 4—
3.4
—
furnish
SUMMARY
2.5
—
we
•
*
•
Ten cities, five days—
Other
2.1
following
4.2
—'
292,963,518
Baltimore
—
271,200,000
336,431*000
269,829,986
San Francisco-
In the
536,843,520
—
+
1.4
+
690,348,693
'
394,711,849
501,105,807
+
5.4
245,462,559
+
5.2
686,837,226
678,963,709
2.1
.
13,755,406,534
15,736,116,845
3.8
6,312,464,683
5,998,102,864
+
*
-
.
.
Description
,
■
.
Month of November-
Stocks—
1948
Number of shs._
-Eleven Months-
1947
28,318,553
*
1948
1947
16,370,922
274,256,045
| 226,018,622
$69,115,000
$73,830,100
$855,198,800
99,000
1,523,000
3,902,000
$838,975,400
21,000,000
5,287,020
6,431,000
75,443,660
70,762,520
36,000
39,000
1,222,000
3,111,000
$74,537,020
$81,823,100
$935,766,460
$933,668,920
Bonds—
Railroad & misc.
Internat'l Bank_
Foregn govt.—.
U. S. Government
Total bonds—
'
The volume of transactions in share
properties on the
New York Stock
Exchange for the eleven months of 1945
to 1948 is indicated in the
following:
Months—
We also furnish
New York Reserve
ment
and
2d
1st
New
3d
Cleveland
6th
No. Shares
No. Shares
8th
51,510,197
38,995,195
9th
34,092,745
32,612,585
10th
19,336,900
25,663,765
27,492,243
60,011,467
66,651,580 111,266,707
—
7th
Chicago
St
—
...
:
2nd
Quarter
Six
31,426,715
1,952,315,519
2,987,304,075
"
6,031,079,568
"
2,391,675,803
"
1,883,356,119
„15
*
11th
"
2,795,883,527
Dallas
11
30,409,809
21,710,872
32,024,018
17,482,740
City
v
58,718,076
83,553,306 101,604,706
125,369,656
3rd
19,977,039
14,153,458
10,017,170
20,807,082
43,450,216
21,714,249
1st
2d
New
Philadelphia
57,187,920
55,643,415
84,852,398
66,826,195
225,503,422
u
181,013,071
279,672,501
267,530,924
November
—
The Course
*
New
York_
Chicago
—
Boston
Phila.
8th
28,318,553
16,370,922
23,819,359
40,405,573
Sth
clearings at leading cities fdr the
AT
1947
LEADING
1946
CITIES, IN
1948
$
335,122
35,254
$
13,173
11,596
14,121
12,336
10,130 * 8,806
11,667 mi, 905
954
830
1,048
974
1,379
18,915
17,695
662
10,056
9,076
820
780
Kansas City
673
1,416
1,438
1,233
1,087
New Orl'ns_
Omaha
8,327
-..7,484
6,458
1,184
889
15,585
-9,941
899
I5i227
13,968
13,392
11,663
1,144
11,405
753
12,895
563
486
499
1,523
1,340
471
409
i„
537
493
113
219
436
102
263
Buffalo
St.
419
.
1,100
-
11,329
5,632
330
5,572
345
5,714
9,404
.
7,462
5,208
5.055
Kansas
Dallas
City
15,290
4,937
N.
The
5,328
85
1,235
1,148
1.056
159
2;811
2,449
2,138
Y.
—183 Cities
City
1947
Inc.
$
!
370
338
315
251
3,944
3,695
364
3.107
246
4,151
3,605
2,969
2,376
379
315
Indianapolis
234
212
196
150
Richmond—
572
518
518
412
: 5,945
5.1
28,544,888,494
+
+ 13.5
+ 19.2
5,618,769,498
2,106,455,281
.
1,661,262,858
+ 15.1
2,595,181,593
3,140,144,517
+ 13.7
3,718,986,602
3,342,309,136
1,717,209,004
29,345,160,889
3,601,144,150
2,551,839,418
+
7.3
3,052,170,058
2,610,820,317
1,379,896,321
2,044,011,089
4,155,116,822
1,487,550,501
1,132,809,340
5,071,940,528
+ 13.5
1,778,916,838
1,730,973,075
2,104,978,971
+ 13.3
3,297,053,332
+
6.5
1,727,947,959
2,981,069,522
1,381,854,339
2,466,653,143
+
8.8
57,734,767,151
51,938,293,214
29,339,040,046
24,168,076,198
4,952
4,428
3,833
—
Total 1st Quarter
2,226
1,880
521
4,105
520
396
August
311
4,272
4,032
3,229
2,337
407
395
September
361
5,611
190
147
2,624
Hartford
4,773
2,199
105
4,237
1,786
,v4,356
225
95
85
73
1,164
1,093
958
.-786
617,713
Dec. %
1,397
579,937 559,511 501,568
$7,734 51,938
82,502
70,131
57,404
—
Total 3rd Quarter
Total 9 Months
October
November
713",338_662,439_629,642_558,972
35,809 31,913 29,339 24,168 378,216 338,940 298,074
259,706
$
4.7
23,121,499,478
334,670,394,019
41,037,453,873
37,004,851,281
18,644,434,367
27,823,329,175
59,573,986,213
20,787,587,828
16,813,604,460
26,722,717,473
20,809,398,538
+
3.9
341,278,804,968
+ 10.7
38,134,294,156
+ 14.0
20,552,305,212
308,106,948,790
32,878,999,836
30,749,307,658
14,651,926,086
32,738^17,902
+10.0
17,047,238,097
+ 10.0
25,159,600,180
20,904,758,746
9.0
51,311,766,214
17,758,497,742
46,920,684,212
+ 14.1
13,896,837,294
+11.9
22,154,459,025
20.3
+ 14.5
17,069,997,533
29,970,484,985
11,020,307,307
18,539,879(736
13,543,546,546
26,168,459,100
+
+ 11.9
•
+
33,777,701,640
14,935,095,484
713,338,158,558
662,439,681,594
+
7.7
629,642,397,574
558,972,218,713
338,940,619,588
+
11.6
298,074,871,281
259,706,482,532
covers
the clearings by months since Jan.
1, 1948 and 1947.
CLEARINGS
Clearings, Total All
1947
$
$
Clearings Outside New York
Inc.
62,775,139,978
54,170,114,404
62,856,208,355
.
<
69,179,885,164
193,356,878,125
or
1948
Dec. %
6.3
+
6.1
35,555,131,527
29,923,848,922
+ 10.1
35,336,817,667
+
7.5
Inc.
or
Dec. %
«
31,247,446,877
27,128,855,409
31,157,642,179
+
179,801,462,737
1947
$
+ 13.8
+ 10.3
+ 13.4
100,815,798,116
89,533,944,465
+ 12.6
57,779,310,031
+ 13.7
33,838,448,368
29,701,642,866
+ 13.9
58,148,005,833
60,876,333,082
6.6
32.494,450,441
+ 14.0
36,448,835,197
29,962,141,999
29,752,632,155
+ 19.1
■
+
197,066,285,307
176,803,648,946
+ 11.5
101,781,734,006
356,605,111,683
+
9.5
202,597,532,122
61,862,363,364
+
6.2
34,837,902,344
Total 11 Months
8.5
+
89,416,417,020
390,423,163,432
+ 13.8
178,950,361,485
+
13.2
+
13.4
56,018,943,119
+ 11.0
33,940,101,695
30,729,764,771
29,640,036,890
65,023,177,484
60,851,345,965
+
6.9
35,148,032,681
31,760,729,627
192,888,985,298
178,732,652,448
+
7.9
103,935,036,720
92,130,531,288
306,532,568,842
271,080,892,773
35.874,102,044
35,946,052,732
35.809,338,516
31,913,674,083
+
12.2
378.216,009,402
338,940,619,588
+
11.6
62,197,839,063
r
583,312,148,730
535,337,764,131
65,625,292,858
64,400,716,970
67,899,747,130
59,202,170,333
713,338,158,558
662,439,681,594
+
1
9.0
N
95,625
$
+
"
5,610
1945
1
$
65.667.968,751
Total 6 Months
263
7,091
years:
Eleven Months
1946
or
61,961,555,886
69,422,366,666
'.
Total 2nd Quarter
505
55,312 51,195 50,643 46,328
Inc.
'
1,516
4,912
Eleven Months
1947
65,682,362,755
2,984
2,495
5,399
Eleven Months
24,774,222,727
57,470,663,632
March
Memphis
Out. N.Y.C.
1,950,949,715
2,238,585,559
66,706,329,329
February...
Salt Lake C.
Total all— 64,400 59,202
$
2,187,135,604
378,216,009,402
—
,r-
January
Seattle
8,007
1945
$
+ 11.9
+ 11.2
MONTHLY
3,036
310
437
9,088
1946
or
Dec. %
1
2,261,198,016
28,281,706,107
+ 12.2
1948
June
480
Tot. 27cts.
*
following compilation
888
1,746
424
:
"
•
3,633
"
"•
—
Other Cities,
District
1,449,619,309
19,186,357,155
29,893,174,223
25,036,321,333
38,675,354,931
"
"
.19
Months—
April
May
Paul-
„
"
.11
12th San Francisco
"3,653
4,221
4,310
204
Denver
-
Reserve
+ 14.6
64,936,252,467
23,267,412,258
"
.15
.
4,240
13,738
v
100
"'
5J721
16,079
18,120
'
Milwaukee-
10th
10,482
968
-
550
Providence_
16,549 Y14.238
8,369'" 7,578
500
1,730
Louisville-*
Francisco
59,202,170,333
31,475
632
■.
1,221
Minneapolis
784
1,275
Cleveland-
Detroit
2,920
1,688-1,637
7
.16
*.*.
19,552^7,655
1,091
947
San
$
36,404
1,091
1,663
$
20,829
1,296
_
Louis
Outside
29,039
1,356
Fran..
"
•"
—1945
21,609
Louis-
Cincinnati
1946
43,187
Pittsburgh,
Baltimore-
.16
Minneapolis
11th
323,499 331,567 299,265
33,095
28,914 -44,688
3,538
St.
"
.30
*
NOVEMBER
1947
4,012
San
St.
"
8
.
Total
Jan. 1 to Nov. 30
1945
3,434
:*.
.
$
$
$
$
28,591 27,288 28,395 27,770
3,220
3,111.2,844
2,379
2,130
1,897
1,847
1,669
—
Chicago
35,476,347
Month of November——
1948
the
347,637,812,990
45,443,544,498
42,175,602,117
20,532,121,363
30,616,597,411
"
.17
—
I
Atlanta
30,383,870
cf bank
CLEARINGS
(000,000
omitted;
in
and
25,937,607,812
"
.10
Cleveland
6th
.14
„
Richmond
28,634,629
month of November and the eleven
months ended with
November in each of the four
years is shown below.
BANK
13.3%
6.5%.
$
.14 cities
York
4th
20,434,070
;
trict
31,913,674,083
Federal Reserve Districts
5th
—„
Chicago
showing clearings by Federal Reserve Districts in the eleven months for four
Boston '**
25,134,916
7th
October
-
17,563,530
—-
Months
The
gain of 7.3%, the
St. Louis Reserve District of
13.5% and the Minneapolis
Reserve District of 14.6%. In the Kansas
City Reserve
District the increase is 11.2%, in the Dallas Reserve Dis¬
1948
20,595,100
3d
15,039,275
Quarter
Nine
15.1%.
a
35,809,336,516
We append another table
25,472,787
—
credit
194,820,103 200,704,729
.
August -I
September
its
1,643,316,143
2,515,006,650
Eleven Months
July
District bv
to
64,400,716,970
—
41,340,246
108,304,035-
has
2,383,975,867
"
——183 cities
Outside N. Y.
Reserve
District
3,510,401,739
"
19
28,270,442
20,615,786
168,315,502
—
Months
3,982,664,910
"
"
16
City
Total
20,619,550
42,769,258
30,822,212
—
"
8
99,100,023
34,612,565
it
i
4,220,199,250
7
*
12th San Francisco
Quarter
29.731.535,745
"
30
***—**
Louis-
Kansas
"
17
_
Minneapolis
$
2,530,324,848
,
16
—
;
'
16
I
Atlanta
the Atlanta
Reserve
larger by
14
-
5th Richmond
1947
22,992,575
York
19.2%, in the Richmond Reserve District by 13.7% and
in
1948
j/
*-14 cities
Philadelphia
4th
are
.
Federal Reserve Districts
Boston-.
23,556,803
23.757,877
16.801.286
March
Cleveland Reserve District the totals
Month of November—
No. Shares
1945
District the totals show an improve¬
5.1%, in the Boston Reserve District of 11.9%
the Philadelphia Reserve District of
13.5%.
In
1st
1948
1946
of
in
the
20,217,606
■
of the clearings for
a summary
clearings, having been $64,400,716,970 and the 1947 aggregate $59,202,170,333. In the
No. Shares
-
January *
February
today
the month of November. For that month there
was an
increase for the entire body of
clearings houses of 8.8%,
the 1948 aggregate of
+ 14.5
+ 10.7
^
+12.8
13.1
+
•
—
1
3.3;
+
8.8
+
7.7
"
1
*
—
0.2
We
add
now
'
-
1948
S
Dec. Vo
$
District—Boston—
Reserve
—20.9
210,905,501
1,897,706,933
8,156,663
12.3
21,609,047.678
20,829,449,516
+19.5
92,129,552
81,798,172
+ 21.8
48,662,853
42,118.764
42,845,076
35,519,021
85,256,150
+
3,982,640
3,287,168
I
+ 46.8
7.0
88,928,237
21,576,500
+ 13.2
90,845,354
366,879,104
259,271,131
105,273,843
95,282,085
+
10.5
1,164,493,012
•
49,218,630
8,711,619
30,191,735
43.574,835
y
—
+ 19.6
-
+.13:0
*
+ 19.2
1946
Dec. \'c,
$
.
1945
•
+ 22.8
3.1
4,742,172
3.7
498,397,873
4,763,249
483,743,918
433,967,127
1,753,952
1,865,159
1,647,416
1,063/740
'8807525'
~961321
'549310
1,652,191
4,524,247
560,032,649
1,608,028
.
1,878,955
+ 13.3
.
6.5'
+
18.2
+
,
-
8,011,901
1,715,432
6,741,158
5,531,508
4,960,081
5337,293
27,290,095
21;646,145
19.970,311
14,735,400-
12,810,100
<9370,650
28,326*300
+ 14.4
2,160,740
8,291,049
5,383,511
25,701,998
6.6
+
25,958300
22374300
6,816,621
:
13,974.866
+ 14.6
115,472,900
7.6
+
13.3
25,937,607,812.
24,774,222,727
+
4.7
9.5
1,320,764,525
139,485,669
3,944,244,520
1,062,023,612
126,802,490
3,695,972,338
+ 11.9
76,692,023
.68,858,505
92,774.079
84,775,045
323,499,062,006
810,994,211
11.9
4.469,940
+13.6
+
+
1,693,253
1,912,091
2350,436
594,490,61$
21338300
2,195,47a
'
3.0
+
1,532,858
612,437,661
640,080,230
17,169,111
2,463,262
78,010,883
577,120,361
65,750,496
District—New York-
Reserve
14,159,627
338,619,401
82,239,108
Btnghamton
Buffalo..
+ 11.2
73,943,450
11,653,684
370,381,414
N. Y.—Albany
,
+ 21.5
+
7,133,141
6,419,266
8,077,318
28,591,378,454
89,043,383
7,972,076
+
1.3
27,288,496,250
+
4.8
72,897,446
+22.1
,55,727.468
.44,563,882
+ 25.1
,
11,848,760
47,761,253
3,437,509
8,487,439
29,731,535,745
Total 14 cities).
2,617,603
87,632,956
83,509,744
+11.4
1,772,216
28,281,706,107
9,183:699
1,380313
2,954321
127,236,565
609,862,036
36,098,100
,+
9.4
1,829,654
1,877,738
1,866,447
1,660.864
1304.136
+
3.6
8,092,409,160
8,702,741,874
7,442,941,851
+15.1
21,000,518
19,114378
17,964,355
9,738,013,-981
17,621,616
+ 21.6
14,732,305
■■'V-12,868,102
10,452:729
+ 19.4
11,932368
11,552*612
9,277,436
10,749,161
977,680
42,745,597
1,111,987
858,664
843,358
786,343
+ 11.1
51,004,305
49,141,967
+ 10.6
55,906,939
52,393,918
41,107,289
44,221,879
15.9
31,142,929
1,837,321,844
2,253,718,250
74,740,077
+
2,040,891,145
2,491,672,896
80,785,713
+
8.1
5.1
347,637,812,930
334,670,394,019
+
3.9
8,358,678,979
8,960,813,616
12.1
+
1,107,303
+14.4
+
20.9
-
46,013,483
'
;
6.7
7,667,436,815
9,945,060,144
9.3
—
1,391,232
324,169
District—Philadelphia—
Reserve
+15.2
846,314
*734,375
1,334,346
—10.4
956,600
J
893,363
3,668337
3,251311
"+T23
3/022,827
2:8*60*479
+ 10.6
973,000.000
843,000,000
858.000,000
3,026,575
4,035,419
2.040,300
55,845,513
246,732,325
50,990,929
221,075,436
+11.6
+ 10.1
+ 10.7
12,505,355
+ 13.8
4,096,599
3,355,595
+
32.1
156,824,671
45,686,461
0,139,294
5,264,726
+ 16.6
68,083,083
Philadelphia—
Reading.
4,012,000,000
43,187,000,000
39,039,000,000
Wilkes-Barre—.i—
York—
18,761,615
3,538.000,000
13,235,987
19,207,752
10,309,823
16,246,737
1,133,511
13.4
22,609,588
11,084,707
+
60,202,831
Scranton—
.
144,411,776
41,493,884
Norristown
12,761,369
+
13.1
+
3.6
141,533,384
132,639,807
+
6.7
3,119,791
1,003,000,000
3,873,884
+ 17.7
241,453,187
118,689,472
211,770,165
+ 14.0
5,124,198
5,494.209
•+
6.6
1,997.033
+
8.6
2,467,048
4,604,579
2,104,769
201,573,536
3,057,873
4,224,562
3,288,318
2,144,701
+
—
.
7.5
+»
111,384,791
21.0
68.395.000
32,684,084
+16.0
425.970,044
N.J. -Trenton——
34,815,550
27,230,535
+ 27.9
365,035.311
313,600,460
Total <16 cities)
4,220,199,250
3,718,986,602
+13.5
45,443,544,498
1,437,025
6,946.561
37.911,157
8.6
+
185,588,033 ?.
14,975,118
58,116,669
353,603,327
-Wilmtngton-
1,012,995
1.194,917
54,734,378 i
43,866,269
2.1
22,842,657
14,227,430
Hazleton.
1,367,102
55,634,599
50,343,771
+
Lebanon
DuBois..
1,910,294
9.5
+
+ 11.3
4,611,783
20.637,404
——
,1.6
+14.8
4,740,378
4,030,367
5,314,131
4,541,214
4,710,263
Pa.—Altoona-
■I,
+ 15.5
+
+
5,742,565
26.8
.
.
:i4,742,139
—
3.711.806
1.6
+
17.7
+
20.5
9,098,466
10,270,256
6,610,366
6,030,220
+
16.4
7,992,449
6,827,305
6,760,037
16,036,182
41,037,453,873
+10.7
-1,012,858,089
1,043,243,146
875,052,457
304,919,898
7,484,683,458
9.3
+11.3
7,028,965
179,549,590
6,760,345
171,129,778
+ 13.7
350,609,738
314,860,496
6,177,631
162,659,650
269,976,311
32.2
36,692.700
31,246,200
25,909,000
2,959,657
6,427,136
4.002.479
2,546.060
6,168,745
4,739,060
•
+
333,415,039
5.8
+
15.8
Youngstown.
28,892,072
28,026,815
673,769,521
1,221,937,254
118,128,800
5,969,663
3,948,390
16,524,727
26,278,758
+
9.9
299,417.816
Newark—
19,802.877
19,627,885
+
0.9
Toledo—.
68,438,088
62,611,019
2,457,287
+
9.3
213,189,848
760,299,750
29,660,034
viincinuai/i.—-—
Cleveland
780,103,543
—.
1,438,887,447
—-
Columbus—I—_i——.
.147,795,900
'
•'
it
Hamiiton
■
•
•
6,350,523
4,548,075
20,984,270
:
...
Mansfield
Pa.—Beaver County
2,517,122
1,824,781 *":
1,356,186,923
Greensburg—
Pittsburgh
Erie——
22,065,721
19,514,279
Oil City.
Ky.—Lexington
W. Va.—Wheeling..
-
''
•
*■.
,;
1
1
■
W. Va .—Huntington.
46,075,629
+
•va
2.4
+
-
226,750,924
+ 27.0
+
I
,
1';
.
142,669,727
■
r
256.720,443
24,803.400
■
7.0
+
19.8
5,090*194
7,335,538
'
+
7.7
+
13.2
665,538,531
+
14.2
•
r~»;
8.6
26,248.422
+18.3
+ 19.4
'20,430,498
17,307,002
+ 24.3
14,121,907,752
12,336,922,727
240,682,047
207,355,405
+ 16.1
5.7
223,904,193
206,300,893
+
8.5
+
+
14.5
14,607,677
17,809,802
+ 15.9
199.179,832
180,771,643
+
198,530,046
181,651,300
+
42,175,602,117
37,004,851,281
+13.7
241,726,103
253,724,373
926,834,978
+ 14.0
299,392,789
832,776,401
+11.3
716.619,919
690,343,693
9.3
+ 19.2
340,528,203
10.2
2.0
3,342,309,136
'
5,140,625
.
—--
+
188,295,512
28,494,002
'
+ 13.8
68,073,087
43,069,017
189,247,077
278,057,876
-
+ 14.0
+
.
3,9.82,664,910
Fifth Federal Reserve
6.4
+15.2
+ 25.1
+
13,392,850,533
1,233,558,900
1,528,527
18,165,052
...
8,327,696,546
15,227,593,990
1,630,503,200
77,481,005
+ 17.8
1,091,251,994
19,363,241
/
18,467,776
16,928,203
>'■?
Total (17 cities)
District—Richmond—
, „
50,204,000
Richmond..
572,223,116
13,896,496
S. C.—Chareston
+
15.2
134,739,920
117,074,635
+ 15.1
+
11,147,497
46,199,000
12,843,872
„
Va.—Norfolk
8.7
534.845.000
479,768,000
+ 11.5
3,214,942
11,860,000
12,864.000
5,945,933,093
5,399.458,914
+ 10.1
138.263,380
128,593,288
+10.3
518,843,027
13,266,452
+
4.7
27,646,387
+
9.3
820,994,940
+
15.4
4,028.003
+ 11.3
0. C.—Washington.
321,266,937
275,033,698
+16.8
330,751.819
10,056,168.913
49,007,537
3,319,213,590
Total (8 cities):
1,952,315,519
1,717,209,004
+ 13.7
20,532,121,363
Md_—BaltimoreFrederick.
8.6
148.743.627
+
282,954,761
+ 10.8
3,127,929
+
2.8
—
■
7.8
10.169.000
9.157.000
7.5
125,307,231
102.760,284
+
2,653.463
1,919.595
+ 16.9
9,076,579,631
161.461.491
30,207,165
947,188,899
4,485,034
Columbia,
,
,
894,332,379
Federal Reserve District—Cleveland—
Ohio-HCanton—.
-
-
.
;
'I^nrain
9,127,437
.
+ 23.8
+
7,337,663
Northern N. J.
2,824,939
6.7
511,320,095
v
621,905,898
19.2
21,585,370
+ 10.0
+ 15.7
172,691,791
196,518,959
Newark
933.250.665
>
16,774,355
+ 24.4
+
102,768,951
510,893,666
335,122,149,156
+ 18.9
2,891,173
197,554,945
237,631,018
N. J.—Montclair
/
+ 12.8
+
9,939,813
53,886,161
Conn.—Stamford
Fourth
$
.
1,887,921
+
1,148,547,100
61,372,400
"
2,018,190
,
+ 12.6
1,093,829,855
I445,933,332:
1,233,489.700
69,516,017
+
2,261,198,016
2,530,324,848
Third Federal
Inc. or
;
+
320,822,703
228,926,793
,
vfl32,308,200
10.4
5,373,553
113,077,400
6,598,198
,
^ 527,012,704
; :
10,323,300
102,400,500
12,309,700
.
$
1,803,579
+ 18.6
—10.4
24,424,450
'
+ 11.4
79,825,017
204,624,692
36,115,967
.
1947
$
1
2,130,710,268
9,750,341
4,849,939
4,823,842
8,101,680
■
1948
Dec. %
7,968,003
22,662,482
-
7,142,862
17,929,668
Federal
Inc. or
1947
$
Inc. or
1947
S
-Week Ended Dec. 4-
-Jan, 1 to Nov. 30-
Month of November1948
Monday, December 13; 1948
City for the month, of November and the week ended Dec. 4 for four years:
detailed statement showing the figures for each
our
CHRONICLE
FINANCIAL
COMMERCIAL &
THE
(2472)
48
V
3,962,895
214,546,747
3,432,962
+ 15.4
217,571,869
2.514,865
1.4
191,606.264
—
2,550,495
+ 10.0
44,561,684
3,095,293,115
+
7.2
74.31*7:531
74,156,387
18,644,434,367
+
10.1
446,185,495
439,746,435
+
•.
70,923,925
72:052", 984
403,179,748
394,711,849
'
0.2
+
205,671,491
'
,
1.5
Sixth Federal Reserve District—Atlanta—
Tenn.—Knoxviile——
:
Ga.—Atlanta,
Au^ust&
——^
^
10*765,900,000
16,971,658
+ 10.7
18,562,786
.
16,829,505
+ 10.3
198,981,203
14,356,239
+ 18.1
168,887,017
3,837,594,921
:
182.131.204
i
Jackson.....
Meridian.—————.
Vicksburg—
Total (16 cities)
Federal
96,9387366
291,573.907
+
13.7
156,990.045
+
nn
Arbor-
8.8
+
8.3
14,798,000
36,523,906
+12.4
418.027.837
355,836,099
.
170,368.000
^
-
3,730,642
—
3,999,514
3,481,947
2.796,416
2,798,411
74,054,342
61,538,667
84.129,284
68.594,934
5,702,768
4.6
81,056,092
+
0.3
+10.7
7,120.099
87,607,943
6,696,210
6.3
81,304,036
-
+
?
:
5,407,012
—
+ 17.5
+ 17.1
65,938,339
60,181,681
+
9.6
1.4
12.1
508,042
523.935
+ 15.9
19,188,708
5,208,369,912
+
480,179,179
21,505,304
5,632,179.289
+
8.1
134.641.457
119,488,098
+ 12.7.
2,987,304,075
2,595,181,593
+15.1
30,616,597.411
27,823,329,175
631,825,330
584,371,961
+
1,428.017
1,521,427
+
;
;v:
6.5
70.232,815
+13.2
5,727,577
6,099,154
1,730,430,580
18,120.751,462
183,086,035
489,271.371
+
1,528,458,376
16,685,160
+
5.5
42,526,864
17,608,080
43,104,923
+
1.4
6,734,840
_
6,003,092
+ 12.2
22,226,838
Jackson.
30,087,461
10,200,566
7,010,085
24,783,295
—26.1
10,770,622
7,833,504
26,391,162
Muskegon
Bay CityInd.—Ft. Wi
d.—Ft.
ayne.
52.107,082
Gary
Indianapolis-
+ 10.0
27,767,651
Wis.-Madison.
—
3.4
430,223
111,545,366
8.1
418,700
111,272,594
570,811,656
+ 13.5
+ 10.5
2,495,935,765
311,482,090
6.7
29,754^063
15,533,286
+ 28.5
219,206,041
+ 20.4
Oshkosh—
Sheboygan.
7,756,352
Watertown.
1,348,342
Manitowoc..
3,883,437
t
0.1
-
501,105.807
1
+ 11.9
+
—
+
54,167,000
7,100,592
+ 12.1
+
21.0
178,171,059
2,449,987,102
43,764,208
•75,306,374
13,495,438
34,748,408
Bloomington.
Chicago.
85,977,190
15,309,965
3,393,339
15,098,643
+ 14.4
+
5.1
3.5
+
4.0
57,075,640
+ 13.0
653,032,493
623,339,237
+
4.8
+ 17.2
22,569,466
68,648,875
Decatur.
17,798,428
-
+
•+
5.5
18.464,356
+
57,906,224
35,254,230,019
20.7
49.614,218
21,784,549
Rockford__,
3.5
52.329,065"
; Peoria—
Total (30 cities).
+ 13.2
+
3,111,043,378
14,743,633'
16,798.320
l,991.12f
6,031,079.568
14,473,742
1,762.727
5,618,769,49^
.
+13.0
,+
7.3
7.1
5,620,658
3,795,320
4.5
45.872.000
43,374.000
0.2
5,693,261
4,951,749
*
3,751,163
t
'
16.5
.
51,447,625
'
—
i
51,566,439
'•
■
'
3,527,234
28,570,073
18,625,884
3,686,247
27,755,272
15,501,128
—
4.3
3.614.539
+ 15.8
+ 15.6
+12.6
+
1,204,472
820,480,609
.
6.5
+
6.9
1,270,940
773,222,979
3,536,428
14.073,653
5.311,583
4,171,725
2,603,324
13,485,658
5,614,375
+ 12.2
•
159,056,321
.
+ '9.7
j. 1;
;
4,009,682
.
5.2
17,578,890 *
+
-
»
+
+
—
-
4.2
5.7
'S
it
w
/
:
645,114.256
3,287.215
6.1
—26.4
—
1
2,012,730
11,028,929
871,869
7.662.592
4,266,202
2.833,700
3,220,953 :
3.9
15.5
+- 9,0.
8,843,305
1.119,408
665,963.594
"
.59^86,213, ,
2,834,400
24.326,233
—r —
+ 12.4
1
",
.27,267,716
11,617.514 ."
+ 20.2
+ 12.7
-210,614.132.
.
+
+ 13.4
20,027,421
149,492,934
482,974,71$,
236,600,935
174,503,053
20,300,886
+
—
56,364,297
+14.2
33,095,862,132
159,833,477
:
8,130,324
7,140,956
+ 15.0
59,362,559
51,419,939
.
542,978,791,
18.0
+16.1
8.610.241
f
'
-
—
7,115,043
65,675.507
5.8
+
166,999,821
1,273,084,641
+
113,685,403
40,967,713
176,738,856
1,324,255,700
5,568.136"
3,220,714.981
.
9.6
+ 17.9
+ 14.8
50,325,281
+13.1
3.7
+ 15.5
5.0
1
51,814,000
276
+
1,906,031
6,573,019
+
—
+ 17.0
+ 16.2
5,481,010
4,919,127
991,891
-
+14.1
"
5,774,175
6,104,372
+ 20.1
4,581,736
6.199.490
10,421,055
5,221,402
8.1
6,798,410
1,160,572
2,234,733
HI.—Aurora.
1
'
+ 16.7
64.495,232
—_
10,803,546
4.6
15,868,816
117,633,592
Rapids.
1,417,377
'
5.3
'
Sioux City—
6.1
6.7
t
205,796,809
2,811,484,045
—
+ 12.7
+
277,815,053
109,686,893
68,870.478
243,629,971
460,340,454
2,226,508,127
257,437,776
292,602,609
538,672,785
—
19,965,247
263,890,917
4,811,990
Milwaukee.
437,403,189
65,313,172
80,347,288
6.5
+
+
171,599,506,
118,538,453
+ 11.7
til,925,181
Terre Haute.
70,147,791
16,079,648,472
,
68,772,172
265,099,844
5.6
+
45,928,531
212,663,136
234,932,384
South Bend—
Des Moines
7.3
3.4
+
15,777,985
+ 10.0
3,929,098,991
26,708.247
3,557:799
5,454,530
2,123,395
Hint—
Iowa—Cedar
12,379,559
54,213,853
181.000,000
District—Chicago—
Detroit.
Lansing
'
9.7
+
—
8.7
271,934,292
4,334,773,600
331,399.355
172,277,351
176,218.000
6,386.152
.
Reserve
4,673,023
8.8
14,720,771
60,632.972
212.800.000
/
'
2,152,046
563,363,932
—;
La.—New Orleans
Seventh
4,332,624
+
.
10.3
7.0
^
4.9
+
8.6
+12.9
•
12.7
+
.+
+
+
376,580,672
+ 14.6
29.2
+
+16.4
310,437,194
25,124,220
41,869,708
+
67,753,542
197,000,000
+ 11.9
16,633,000
,
15,842,476
76,355,643
206.600,000
145,032,260
3,489,097,739
250,141,990
29,067.584
17,089,396
Mobile...—
,
20,469,264
11.7
177,753,566
..
26,381,864
Tampa——....
..
6.8
+
9/753,000,000
.
425,304,676
—
'
Ala.—Birmingham.—...
+
2,898,429,tiui
'198,125,812
*
.+ 10.4
736,135,382
;
3.236.637.285
+18.4
1,078,100.000
18,786,687
Macon..————.—
Fla.-r-Jacksonville
786,215,306
+ 22.1
16,955,620
337,071,061
«
Columbus.——_
■'
8.9
—
910,500,000
323,450,981
:
—
72,008,166
264,808,697
65,628,582
Nashville———..—
2,773,757
'
s
7T
f
^,112,971^
-6*1
r
r
=813,833,735
Volume 168
Number 4759
THE
Month of November—
—
Clearings at—
1948
Federal
District—St.
Reserve
.
FINANCIAL
&
CHRONICLE
Inc.
$
Week Ended Dec. 4-
1947
1948
or
Dec. Vo
Inc.
1948
1947
$
or
Dec. %
$
1,296,774,512
1,091,760,455
18.8
13,173,932,371
11,596,080,801
+
13.6
11,211,581
9,391,457
+ 19.4
120,197,173
102,362,075
+
$
1,486,390
+ 13.4
17,367,071
14,944,876
;
:__
+
302,600,000
289,700,000
4.5
+
245,400,000
224,700,000
+ 16.2
550,433,129
471,658,908
+ 16.7
5,572,296,748
4,937,269,616
+
12.9
108,843,839
126,193,870
521,516,268
520,784,845
+
0.1
+
5.9
110,813,066
118,199,188
1,909,359
1,858,951
+
2.7
4,272,822,244
19,806,356
4,032,955,748
El.—Jacksonville
16,148,194
+ 22.7
8,145,376
9,514,275
—14.4
90,990,295
87,826,518
+
3.6
1,955^322
2,750~462
2,391,675,803
2,106,455,281
+ 13.5
23,267,412,258
20,787,587,828
+ 11.9
524,212,227
536,843,520
Quincy
_
Total
Ninth
(7 cities)
Federal
33,195,210
St.
4,376,454
1,247,432
1,077,664
40,279,842
31,758,832
5,091,000
4,899,000
5,586,745
4,699,647
15,811,091
13,540,161
23,227,316
_
364,525,173
4,363,532
Paul
1,087,588,732
5,156,008
424,783,788
22,629,675
+
3,397,039
_
30,327,997
1,233,285,453
6,461,485
Minneapolis
Rochester
2,792,210
'
____
Winona
:
Fergus Falls
N.
„;
D.—Fargo
Grand Forks
'
"
Minot
;
S. D,—Aberdeen
:___
,
Sioux Falls
Huron
_
Mont.—Billings
104,325,571
93,636,182
6.2
95,595,454
68,858,258
—2879
2,010~571
1,333,364
2.4
447,331,596
388,527 4 44
—
—
20,993,960
—
+
9.5
317,013,451
289,044,208
9.7
6,269,873
6,655,618
+
13.4
12,895,047,176
11,329,836,538
+
13.8
278,658,328
275,354,919
+ 25.3
69,136,776
49,087,159
+
40.8
+ 16.5
104,173^343
90,8~5~L254
8,614,233
7~3~4~7~939
3,98(1000
3,018,278
+
4,151,984,150
3,605,426,556
0.3
40,330,732
40,629,747
+ 15.8
12,270,296
10,443,877
+
26.8
354,679,897
290,051,429
+
22.3
+
3.9
46,986,000
42,023,000
+
55,339,528
46,260,360
168,798,754
152,495,679
2.6
270,272,537
246,878,336
+
33,482,766
179,774,299
30,397,201
+
4,953,611
191,946,564
"+14.7
76^067,613
63408,97a
17.2
6,839",802
4471,234
"+3L9
3„223,224
2,305,822
9.5
+ 21.7
5,862,044
229,718,365
+
+ 19.6
+ 16.8
5.8
.1.2
—
11.8
+ 18.9
10.1
—
17,597,759.
+
19.3
+ 15.2
0.7
—
+ 17.5
10.7
+
+19.0
151,085,217
Great Falls
15,954,802
11,545,477
+ 38.2
146,102,957
125,968,827
+
Helena
47,005,460
38,755,426
+ 21.3
426,375,254
387,257,638
2,671,964
2,045,928
+ 30.6
18,762,582
16,718,688
1,643,316,143
14.6
19,186,357,155
16,813,604,460
8.1
3,909,152
2,024,331
8,697",413
8,631,36®
4.6
334,317,613
278,641,898
+
4,373,739
11,196^987
417,326,208
398,798,734
+ 12.2
1,883,356,119
+
—""2~4
4,728,075
10,902^356
+ 10.1
Lewistown
Total
Tenth
.
(16 cities)
Federal
Neb.—Fremont
_
__
Reserve
—
]
2,059,495
1,770,560
28,619,825
26,246,411
+
493,824,832
+
537,122,160
—t—_
1
610,943
+
2,3
509,415
412,552
8~2
6,885,100
6,708,079
+
2.6
6,563,566
5,396,71?
137,329,644
131,105,540
+
4.7
109,812,127
83,625,423
8.8
5,714,534,510
5,328,853,566
+
25,197,655
+
15,485,966
27,242,191
+
.44,664,147
6,196,091
1,416,160,129
1,275,140,862
52,126,560
1,441,392
49,102,089
1,416,140
168,960,827
132,880,119
.
.
*•
•
Okla.—Tulsa
Colo.—Colorado Springs
Denver—
10.841,337
<15 cities)—-—__
Federal
Texas—Austin
Reserve
310,997,321
293,058,780
+
6.1
7,136~031
6,872,150
+
508,544,343
+
19.6
12,554,354
12,034,943
+
4.3
67.635.609
66,455,392
+
1.8
+ 11.1
15,585,611,173
13,968,829,933
+
+
6.2
+
1.8
522,541,183
17.744.610
+
27.2
1,516,692,028
+ 42.9
11.6
341,822,287
6.4
14,041,354
14,049,634
+
1,100,868,436
+
+
22.9
103,443,387
84,187,860
1,494,640
'1,954,473
—23.5
1,878,268
4,428,305.021
+ 11.8
75,292,643
+ 28.8
2,070~768
2,196~050
—~~5~7
1,540~124
i,3"l4,355
2,515,006,650
+ 11.2
29,893,174,223
26,722,717,473
+
11.9
524,553,247
517,417,205
1.4
438.731,096
324,571,644
4,952,769,206
+
297,336,315
+
11.0
15,268,616
+ 23.6
195,429,354
146,998,023
+
11,438,345,790
9,552,865,848
+ 16.9
15.3
329,966,756
105,607,639
1,038,902,296
840,459,768
8.6
1,234.518,136
1,142,438,818
21,023,000
+ 27.3
270,976,000
232,547,000
911,627,371
Port Arthur———
90,301,412
110,846,252
26,752,000
806,761,710
+13.0
9^58,537,925
7,974,984,317
6,184,668
5,788,689
5,016,219
45,359,887
2,383.975,867
(11 cities)——
+
12,249,215
5,281,827
—
District—San
Wash.—Bellingham
5,947,548
+
+ 26.3
69,956,017
59,202,144
131,579,794
3,765,845
2,981,549
46,544,997
+
8.2
+ 20.5
.450,516,870
384,441,514
+
17.2
9,921~303
9,107,042
2,104,978,971
+ 13.3
25,036,321,333
20,809,398,538
+ 20.3
312,736,373
296,605,988
-
62,757,303
59,353,620
4,773,422,655
173,748,918
180,756,011
29,626,035
20,604,984
+ 43.8
260,595,284
189,083,582
9,794,000
7,741,000
+ 26.5
102,141,000
669,594,477
588,858,352
12,309,251
263,601,741
225,921,382
63,857,780
61,838,532
28,700,256
31,844,067
26,494,966
44,699,300
27,393,956
Long Beach—
Modesto
18,988,723
41,688,047
16,632,695
35,072,473
35,130,181
Calif.—Bakersfield
Berkeley
—.
._
—
Pasadena.—
—
Riverside.
San
—.
:
San Jose
Santa
.
2,087,230
6,370,266
5.4
245,462,559
184,439,012
+ 10.2
93,952,150
135,102,459
+
8.9
4,070,717
3,522,770
+
2.5
89,568,454
.82,642,224
~+Tl
51,909,316
44,319,137
8,926,554
10,155" 075
+
126,764,391
115,032,964
3.9
4,234,070
3,886,633
141,585,047
138,108,337
65,078428
56,064419
12,016,058
10,235~899
8,317413
8,495^658
418,415,736
11,530,650
Mt
+14.7
„
5,202,926,084
+ 38.1
'
130,044,551
116,399,775
+ 11.7
2,624,363,785
2,199,372.941
+ 19.3
3.3
730,836,167
619,702,726
+ 17.9
9.9
+
—
292,968,756
280,406,135
+
4.5
3.3
274,114,385
252,376,670
+
+
7.2
499,440,313
434,685,942
+ 14.9
+
14.2
194,499,278
+
9.7
0.2
381,934,788
177,343,902
350,451,137
+
9.0
1.5
107,772,267
18,915,862,809
103,037,815
+
4.6
17,695,426,021
+
6.9
433,200498
—
—
9,674,226
'
17.5
+ 37.8
89,023,000
7,183,911,822
5.7
+
9.9
—
+
1,688,602,170
1.5
—
45,562,701
+
17,447,288
+ 12.2
37,110,036
+
19,575,597
-
+ 13.7
-■
+
—
+ 16.7
13,658,000
47,733,825
—
Barbara
•
9,820,640
1,663,979,940
_
Francisco
2,784,959
8,109,233
Francisco—
5,611,108,785
.
18.2
+
+ 51.1
+ 11.4
-
18430,381
4,075,000
27,046^380
5,978,000
50,382,720
+ 24.2
;
5,358,000
27,590~690
198,789,469
+ 10.2
Lake City__
Ariz.—Phoenix
:_.
24,020,980
0.5
8.1
+ 16.5
6.8
+
+
5,015,209
Salt
TT.o
23.6
+
15,297,743
Utah—Ogden—
5,777,135
147,399"666
-
+
407,031,963
x.,
6,524,387
198,665,000
5.3
5,527,742
Ore.—Eugene—
2.7
~+5~8
37,631,045
17,034,848
—_;
6,697,469
244,826"000
+ 42.6
505,403,861
:
Yakima
6,513,377
+ 22.4
17,468,636
Falls
Texarkana
Portland
1,434,665
.
258,967458
+ 19.7
120,372,585
Ida.—Boise
+
.
32.9
+ 12.6
Houston.——
Seattle
7,518,867
—
-96,965,916
9.8
+
25,609,698
;___
Reserve
212,857405
11,031,871
37.8
974,483,115
Worth—
Federal
291.652^585
o.i
10.8
+ 12.5
29,531,973
Galveston—.—
La.—Shreveport
7,866,144
Tot
341,413,572
+
16,016,434
-
1,096,912,672
'
El Paso
3,831,475
9,832,836
7,544,155
2,795,883,527
i___
_
5,514,333
\
491,043,912
' V
18.876,609
________
314,041
District—Dallas—
Beaumont-—
Dallas^
395,971
3.8
608,297,377
6.9
+
437,664,212
8,488,181. f
Total
2.6
+ 13.9
7,588,494
480,376,818
:____.
:___
Pueblo
Eleventh
+ 25.9
+
+ 20.1
6,624,711
■
7.1
18,59i;311
471,821,,
594,069
7.2
26,990,011
8.8
27,941,222
—_
Carthage
Total
26.3
+
+
;
—
Kansas City
St. Joseph—
Twelfth
+
300,666",997
+18.2
Wichita
Wichita
19,910,535
325,209~537
50,860,250
Topeka-
Ft.
25,151,044
9.0
1,515,130
1,647,968
——
Mo.—Joplin
.•
+ 16.3
2,211,217
_
Kans.—Manhattan—2,612,652
Pardons
+
"625,000
-
____
;
+ 14.1
;
_
Omaha—
+
16.0
System—Kansas City—
;
—
Hastings
Lineoln___,.
.
—13/7
District—Minneapolis—
Reserve
Minn.—Duluth
v
1945
Dec. '/o
-
Tenn.—Memphis
1
1946
Inc. or
1
17.4
1,685,578
Cape Girardeau
8.6
525,064,062
197,743,367
497,165,716
+
5.6
11,763,518
176,372,449
+
12.1
•5,106,663
380,395,459
+
6.3
8,763,429
7,774,934
406,576,265
374,317^310
+
2.0
11,105,781
+
10,021,996
7,137,080
"+366
4.4
4,112,479
-*-J2.6
8.840,576
4,892,778
-406,447,291
4.8
~+~iVA
——
10,712,694
4,374,724-
■
Stockton—
38,586,284,vv
—„—w
,
4.0
i
i
Total
.
4»
Louis—
Mo.—St Louis
Independence
Ky.—LouisviIle_;
(2473)
-Jan. 1 to Nov.,30-
1947
$
Eighth
COMMERCIAL
Grand
3,510,401,739
(19 cities)
total
Outside New
cities)
(183
6.5
38,675,354,931
V33,777,701,640
,
,r
816,929,915
+.14.5,
„
776,684,870
64.400,716,970
59,202,170,333
+
8.8
713,338,158.558
662,439,681,594
+
7.7
15,615,253,206
31,913,674,083
+ 12.2
378,216,009,402
338,940,619,588
+ 11.6
7,522,844,046
totals.
in
tNot
EXCHANGE
CERTIFIED
RATES
FEDERAL
BY
DEC.
.
3,
1948
Noon
TO
the different countries of the world.
on
9,
Dec. 3
BANK
1948,
Buying Rate
Value
for
in
TO
Cable
United
"regular"
For
UNDER
TARIFF
'<
Transfers
States
Dec. 4
New
in
ACT
OF
1930
'
'
<
York
Dec. 7
s
$
$
;.
products
For certain industrial products-
.297733*
.297733*
15,736,116,845
6,312,464,683
5,998,102,864
.251247*
.251247*
.251247*
.251247*
.200000*
.200000*
.200000*
.200000*
.200000*
Australia,
pound
Belgium,
franc
Brazil,
cruzeiro
found
a list of corporate bonds, notea^
and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location la
which the details were given in the "Chronicle."
preferred
.297733*
Dec. 8
Dec. 9
'
3.212313
Closed
3.212313
3.212313
3.212313
3.212313
.022848
.022848
.022848
.022848
.022848
.054406
.054406
.054406
.054406
.054406
NOTICE
OF
TENDER
Date
Central -RR.,
National
Union
4%
gold bonds, due
Mortgage
1952
Pago
Dec 27
Company and Issue—
Illinois
2120
Corp.—
1
1
54R
548
Co.—
bds., series A, due 2039—Dec 15
2013
Dec 16
Jan 4
2231
Date
Pago
series A, due 1954
(unattached to bonds)—;
20-year collateral trust bonds,
Special interest notes
Jan
Jan
dollar—
Canada,
Official
1.000000
Denmark, krone
England,
1.000000
1.000000
1.000000
.923750
.921250
.922031
.921406
.020060
koruna
1.000000
.924062
Czechoslovakia,
.020060
.020060
.020060
.020060
.208535
♦
.208535
.208535
.208535
.208535
4.031484
Closed
4.031484
sterling
pound
4.031484
4.031484
4.031484
Philadelphia
Consol.
Transportation
3%-Q%
Building Co.—
mortgage
609 South Grand
Income leasehold
mortgage bonds
Taylor-Wharton Iron &-Steel Co.,
(Metropolitan), franc—
Official
.004671*
Free
.003164*
of,
Netherlands,
guilder
.004671*
.003158*
.003150*
.301678
.301678
.301678
.301678
.145254
.145254
.145229
.145217
.375844
.375762
.375787
.375750
*
'
,
Newfoundland, dollar—
Official
.
—
1.000000
1.000000
1.000000
1.000000
1.000000
*
.921458
Zealand,
Norway,
pound-
3.991542
-
.919583
.918958
3.991542
3.991542
—
common
stock
Central Terminals, Ltd.—
mortgage deb. stock and bonds, due 1959
Appalachian Electric Power Co., 4.50% pfd. stock
Bolivia Ry., 5% mtge. & collat. trust inc. bds., ser. A_
Chicago & Western Indiana RR.—"
1st and refunding mortgage 4V»s, series D, due 1962
Algoma
5%
1st
Chilean
Nitrate
sterling
5%
&
Iodine
income
Sales
.201580
.201580
.040304
.040317
.040325
.040325
Compania Salitrera de Tarapaca
.091324
.091324
.091324
.091324
20-year 5% serial debentures, due 1968
Cooper-Bessemer Corp.,' prior preference stock
Eastern New York Power Corp.—
.278228
i_
Africa,, pound
Uruguay, peso—
Uruguay, peso
Uruguay, peso——
Uruguay, peso—i
.233629
:588223*t
f
:
,
.—_
fI
*1
'
-V-
^Nomina! rate;. tApplication depends upon type of merchandise.
.233629
4.007500
4.007500
.658300*t
.658300*t
.658300 *t
J
'H
*
i
-
■<;
f'<J
t.V
,531909*t
•
v.m-
.588223*f
.561799*t
,561799*t
.531909*t
,531909*t
'
.561799*t
,;•••• 1
.588223*t
.588223*t
.
.561799*t
■
.531909*t
'
.233629
4.007500
.531909*t
.561799*t
■
T
.658300*t
.588223*t
,
'■A
——_—
-
4.007500
.658300*t
—
—
.278228
.233629
.233629
Closed
.278228
.278228
.278228
*
4.007500
'
"
...»
y
mortgage
$4.25
preferred
stock, series A
1477
-Jan
3
2318
._Jan
1
222?
1
2320
_Mar
31
2321
._Jan
2
2117
_Jan
7
Jan
1
Antofagasta—
3)4% bonds, due 1961
General American Transportation Corp.—
1st
31
_Dec
.201580
.091324
Switzerland, franc——
..Dec
Corp.—
debentures
.201580
.040328
—
*
REDEMPTION
Company and Issue—
.201580
krone
South
.918750
3.991542
.921250
Closed
3.991542
Portugal, escudo
Spain, peseta
Bweden, krona
of
PARTIAL
.004671*
.003154*
.375762
:
.004671*
.003162*
.145229
rupee
peso
..004671*
.301678
—
India,: Dominion
.
13,755,406,534
3.8
^78,963,70j>
'i
t
.297733*
.251247*
"non-regular"
products—
'
Money
Dec. 6
4
For
TREASURY
INCLUSIVE
.297733*
Argentina, peso—
Union
2.1
'
Notices
We
Below will be
RESERVE
DEC.
Country and Monetary Unit
New
686,837,226
record for the week just passed:
a
FOREIGN
Mexico,
5.2
Redemption Calls and Sinking Fund
1930, the Federal Reserve Bank certifies daily
Secretary of.the Treasury the buying rate for cable transfers
:
France
+
6,680,22?
—
available.
Foreign Exchange Rates
/
—
tifr
' V'
included
give below
+
,
7,249,863,334
Pursuant to the requirements of Section 522 of the Tariff Act of
to the
.
15,952,605,208
35,809,338,516
—.
York—.——-
"Estimated.
tNot
+
3,297,053,332
•
*
2323
;••.•-•<
Dec 31
Haggard & Marcusson Co., 1st mtge. 5% series bonds—Dec 15
Mading Drug Stores Co., 5% debentures, due 1961——Dec 15
Park-Lexington Corp.— *
1st mortgage leasehold bonds, due 1964
Dec 31
2324
2225
200?
2328
50
Company and Issue—
Date
Page
Pennsylvania Water & Power Co.—
Refunding mtge. 6c collat. trust 3 'A % bds., due 1970_Dec 3 1
Tampa Electric Co., 1st mortgage 3% bonds, due 1978—Jan
1
1
2331
Date
Page
1967—Jan
debentures, due
3%
2326
A
summary
ISSUE
CALLED
A.
P.^W. Paper Co., Inc.—
6%
convertible
notes,
F, due 1955
debs., series A, due 2024
Butte
Electric
Denver
1st
La
&
Power
Co.,
Lake
Salt
bonds
mtge.
Anytime
1951
due
5s,
series A,
Quebec—
de
1950
due
Jan
Ltd.,
Cottons,
New
Brunswick
York
Power
Gas
Purchase
Power
Co.,
6%
Portland
Tennessee
stock
1257
2327
Other
2010
Real
U.
U.
Heat
debenture bonds, due
Cement
Co.,
preferred
1
Jan
14
2122
Anytime
Power
&
Jan
12004
Jan
2328
Jun
1
51591
Jan
2024__x
stock
1
1
2123
Cqal, Iron & RR. Co.—
•Announcement
in
this
issue.
Anytime
stock
Dec
tVol.
tVol.
166.
1260
27
165.
2271
§Vol.
167.
+
securities—total
Treasury notes
U. 8. bonds
+
+
16
+
11
+
24,823
Federal
with
*12
484
.
47,341
14,796
1,348
Statement of Condition of the 12 Federal
Reserve Banks Combined
thousands
(In
of
deposits adjusted
Time deposits,
except Government
U. 8. Government deposits
Interbank demand deposits:
+
40
53
110
Domestic
Debits
or
decrease (—) since
Dec. 1,
Dec. 8,
1948
Assets—
Gold
J.ibi
for
Total gold
Industrial loans
Acceptances
U. S.
S.
loans
from
and
8,000
11,109,586
securities.
13,000
of
23,003,515
securities—
other
items
23,403,912
.
200
+
,i.
154
—171,973
88
+
231,151
+
1,164,575
previ¬
basis.
1
2,293*
+
+
49.556,436
-190,166*
In the
7,146
week
this
announced
dividends
The
notes—
24,238,160
''
Deposits:
Member
U.
S.
bank—reserve
62,132*
—
8hare
Name of Company
146,887
Products
W
P
+2,767,132
Aberdeen
Co.,
19,726,885
1,539,690
+
r-
12,908
511,915
+
22,921
473,897
gen.
+
36,033
,_
Other
_
Adams-Millis
522,920
—150,032
.
+
2,594,727
+
606,079
—
•'
Inc..
deposits...
22,252,387
Deferred availability items
Other liab.,
—
2,254,033
incl. accrued divs.
78,180
—184,0 4 8
+
3,115
16,893
839
+
3,194,978
+
19,226
—
Corp,
(quar..)______.
liabilities
...
48,761,473
-196,981*
3,772
+2,687,512
6%
Other
capital
200,287
74
+
448,189
+
8,366
+
88
118,944
6,741
+
+
65,730
Total liabilities & cap.
accts.
49,556,436
-190,166*
+2,767,132
gold certificate re¬
serves, to deposit and F. R.
note
liabilities
purchased
liability
on
for foreign
respondents
Commitme-nts to
trial
combined
make
1
0.2%
+
0.4%
Securities
Corp.,
Stone
All
12-18
B
1,546
&
Amerada
The condition statement of weekly reporting member
banks of the Federal Reserve System in
leading cities
shows the following principal changes for the week end¬
ed
Dec. 1: Decreases of $120,000,000 in loans and
$276,000,000 in borrowings, and an increase of $243,000,000
Valley
Logan
Commercial,
industrial, and agricultural loans de¬
$22,000,000 in New York City, and $18,000,000
reporting member banks and increased $14,000,000
Brake
American
Co.
Shoe
District, and $16,000,000 at all
re¬
porting member banks and decreased $69,000,000 in the
Kansas City District. Other holdings of securities showed
little change.
Demand deposits adjusted increased in six districts and
in the other six, and the net increase at all
decreased
reporting member banks was $40,000,000, the principal
changes were increases of $66,000,000 in New York City,
$55,000,000 in San Francisco District and $41,000,000 in
the Richmond
District and a decrease of $125,000,000 in
the Kansas City District. Time
deposits decreased $17,-
000,000 in the San Francisco District and $53,000,000 at
all reporting member banks. United States Government
deposits decreased $110,000,000. Demand deposits cred¬
domestic
banks
increased
$164,000,000 in
York City and $61,000,000 in the
Chicago District.
New
12-31
12-11
$1.50
12-27
.12-16
voting__—
30c
30c
30c
1- 1
1- 1
1- 1
3rc
com.
1-
2-
2
B
Power
&
preferred
Co.
American
General
Insurance
preferred
(year-e-nd)
Corp.
Co.
Co.,
B
4Va%
preferred
American Metal
Products,
Molasses
Piano
B
Co.
Co.
1-
1- 3
(extra)
__—$1
Investment
(year-end)
12c
12-24
12-20
12-24
1- 3
12-14
1-
3
-*
5%%
Power
Arkansas
preferred
Life
&
$7
—
preferred
Consolidated
Corp.
Cigar
Trust—
Gas
Consolidated
Ipvestment Trust
(Boston)_^__
Consolidated
Liquidating
Corp.
(liquidating)
Consolidated
Naval
Stores
Consolidated
Retail
Stores,
common
12-15
12-
3
12-15
12-
3
(quar.)
Atlantic
Greyhound, 4%
Atlantic
Laundries
Realty,
Finance
$6
1
2-19
12-30
12-15
3-
5
Co.
(Pa.)
Gas
Co.
4%
preferred
12-
8
12-
7
12-17
Continental
12-17
Coos
12-30
1
3-1
.
Continental
Common
5%
1-31
$1.75
1-
3
1-
3
12-15
preferred
$2.50
1st
preferred
12-31
12-27
12-27
12-10
(quar.)_
$1
12-26
12-17
pfd.
(s-a)__
*:
1-
$1.25
1-
$3
(s-a)
12-20
50c
_.
12-18
Crum
&
preferred
8%
Axe
Houghton
12-10
Axe
Houghton
Funds,
Crum
&
Funds
12-21
12-22
12-15
12-27
12-15
20c
12-27
12-18
20c
12-20
12-11
Cudahy
37'Ac
12-24
12-15
4'/2%
12-15
10%
—
___
1-10
20c
21c
———
Products
(year-end)
Inc
B,
I
Inc.—
Axelson
Manufacturing Co. (quar.)
Baldwin Company (quar,)__
Extra
the
Manhattan
Co.
(N.
Y.)
Forster
Special
Class
B
Curtis
1-
3
IOC
1-
3
Bastian-Blessing
Beatrice
Machine
Foods
Y.)
(N.
(quar.).
Co
12-10
1-
3
12-15
12-23
12-15
5%
12-14
6%>
pfd.
common
(accum.)_
$6
50c
(quar.)
Extra
3%%
conv.
(quar.)
12-31
3-31
12-17
3-15*
30c
12-31
12-17r
40c
Securities,
12-31
12-17
30c
12-17
40c
12-31
12-31
15c
$1.12'/2
1-15
1-15
1- 3
1- 3
25e
common
12-27
12-15
25c
12-27
12-15
50c
1- 3
12-18
$1
*1-3
12-18
25c
1- 3
12-18
5c'__. 1- 4
12-16
$1
1-3
12-15
37',2c
12-15
12-15
(quar.)
—
(quar.)_—___———
——
Packing Co., common
preferred (quar.)
(quar.)_____
—.
I
12-16
Extra
—
™_
1-
2
Davega Stores Corp. of N.
84
Y„ common (s-a)
preferred
(quar.)
Manufacturing
____
Co.
1-
2
12-14
Delaware RR. Co.
1-
2
12-14
Denver
Corp.,
(quar.)_,__
(s-a)
%c
Tramway
'
-——4—
Extra
50c
preferred
1-15
'
(quar.)__
Lighting, Inc.—
Decker
75c
^
Tool,
Co.,
!
30c
30c
$2
12- 4 :
12-14
,
'
12-18 +
12-18
12-18
12-15
12-16
'
12-16
12-18
1- 3
12-17
12-16
1-15
30c
_
Co.
2
1- 3
12-23-
(quar.)___
common
-
Trust
12-18
12-18"
12-
40c
(year-end)_,—.—____
Special
45c
(quar.)
Year-end
-
3
40c
25c
•
Special
12-10
1-
1- 3
12-15
1- 3
12-31
12-31
12-31
12-22
12-14
—
4
Forster,
2-21
12-31
$5
10c
12'/2c
87y2c
87'/2c
12'/2c
—
eommon__l_.
Crowley, Milner & Co.
1
12-20
37 '/2c
—
3
40c
50c
preferred 1945 series (quar.)____
preferred 1947 series (auar.)__
Corroon & Reynolds Corp. (initial)
Cream of Wheat Corp. (year-end)
;_r
Regular
12-15
$1.25
'
—
3%%
12-10
$2
12-15,.
12-14
Co
3%%
12-15
50c
11-30
3
3- 1
12-31
25c
——
(quar.)__,
Corning Glass Works,
12-15
$1.50
1-
$1
——
increased
Gin
12-27
12- 1
1- 3
1- 3
12-15
12-27
Industries (quar.)
Lumber Co. (year-end)
Refrigeration (quar.)___—
Bay
Copeland
1-31
„
t$2-"
-
; 12-13
12-10«
11-22
12-17
12-17
$1.50
(extra).
com.
12-13
12-13
12-27
Machine—
Foundry t:
preferred
—
(quar.)
Continental Copper & Steel
12-30
13-
America,
of
Corp.
12-27
$15c
15c
(Toronto)_____
12-24
Steel
53c
(quar.)—
Gas
Container
12-20
20c
(quar.)
I—:
dividend
Automatic
(quar.)___——________
preferred
8
—
Co.
Extra
4'A %
30c
Consumers
12-
_:
i
$5
$1.50
(quar.)
•
12-20
12-20
12-20 v
12-20
3-20 ^
12-27
35c
-v
(quar.) J
3
12-27
(quar.)
50c
35c
—
3
'
Construction
4- 1
12-24
•
———
(quar.)__
Investment
12-30
,
(quar.)___—
12-21
:
1-3
1- 3
1- 3
1- 3
10c
40c
12-
$$1.12 >/2
(quar.)
12-30
50c
30c
15c
10c
common___________u__.—.—
(quar.)___________
25c
(quar.)
pfd.
12-11 y
1- 3*
__________
Inc.,
preferred
Consolidated
12-15 '
i..
Light,
1- 3
1-3
Co.—
Insurance
Special
$2.25
_.
12-11
$1.75
$5
(quar.)
-
General
12-11)
+ ,
$12.50
Co.
Insurance
40c
.•
12-8,
1- 3
Increased quarterly
2
12-15
$1.50
(quar.—
Fire
12-
1-
.
—
$1.37'/2%
tquar.)__
_____
12-15
25c
_
(quar.)
Western
Metal
Bausch
Pfd.
(quar.)
12-15
:___
(quar.)
Extra
Bankers
(quar.)__
Water,
Extra
12-14
.
pfd.
7%
Water & Light Co.—
preferred
Connecticut
12-24
3
12-21
-
(quar.)
Oil
12-11
12-1,7
$3
Mills™—™—
Works,
30c
(year-end)
preferred
of
12-17
31'Ac
— ..
1- 3
12-28
(year-end)
20c
(year-end)
class A
$1.75
50c
:
-
1-15
Connecticut
12-17
(initial)
12-17
$2
$2.25
Corp.,
Screw
Arkansas
Bank
12-16
12-29
25c
Stock
3
$$1.12 «/2
com.
new
Corp., Ltd., . common
4'/2% convertible preference
Atlantic
1-
12-24
Co.
10c
(quar.)__
Argus
Auto
12-16
46C
quar.)
12-10
1- 3
$1.75
&
Consumers
(initial
12-20
$1.13
12-11
12-28
12-15
Fa.—
(year-end)__a—_
Securities
Worsted
Water
$6
Ltd.—
American
Art
3
Washington
Mfg.
Commonwealth
12-17
______
Metal,
$$2.50
.
(s-a).__.
Commonwealth
12-16
1-
12-
Extra
$6
12-23
12-29
—
American
Class
12-15
12-23
(quar.)—
12- 8
12-15
12-11
,
Commonwealth
12-14
5
1-
$1.75
•
class A
1- 1
1- 3
1- 1
1-1
1-10
1- 3
12-20
12-20+
12-20
12-22
12-17
Connohio,
(quar.)—
Locker
Extra
$1.03
$2
10c
56'Ac
$30c
31'Ac
'
12-17
Colgate-Palmolive-Peet
Illinois—
of
12-10
12-10
12-20
(quar.)_______________
Land
Clinton
12-14
12-27
25C
__
:
12-20.
12-20'
Telephone Co.—
20c
American
Class
12-27
$1.50
—
•
pfd.
5%
Bell
of
Co.
Lambert
&
Cleveland
12-20
25c
Co., common—
(quar.)———
International
5%
3
30c
—
—
Service—
Mills.
Cleveland
(Texas)—
Co.
————
Investment
1-
$1.80
17-10
1- 1
1-1
12-31
•
—_
preferred
7%
Clayton
12-20
$1.12'/a
__
(quar.)— T———__
American
3
$1
Rubber
preferred
1-
$1
(quar.) —
Public
Suburban
Water
Citizens
12-20
5%
(year-end)
Securities
12-31
87'/2c
$1.50
15c
______
Quarterly
$7
com.
Express
Hard
12-23
75c
(quar.)
European
common..:
convertible preferred <quar.)___
Gai Wines, Ltd
Master Mfg. 5%
preferred (quar.)
Cincinnati &
12-6
15c
30c
_________
West
Chipman Knitting
Light—
Crystal Sugar Co,
prior
Power,
Vermont
4'/2%
12-13
40c
(year-end)—
I- 1
1- 1
(quar.)
com.
Paper Co
Chefford
12-13
'
32'/2c
$1
preferred (quar.)________—_______
preferred iquar.)
12-10
*
1-2
(year-end),
Gas,
&
12-20
12-20
12-23 4
$1.02Vi
$1.02'/2
37'/2c
(quar.)_
Co.
12-17
12-10
3-1
1- 1
1-3
1- 1
—
Trust
1
$3
dividend)
(stock
,
preferred (quar.)
.___
Utility Co. (year-end).
Chadbourn Hosiery Mills, common (quar.)__
12-10
12-20
_
Maine
Central
12-10
12-31
30c
(quar.)
Cities
Class
Anderson-Prichard
000 in the Richmond
1- 1
preferred A (quar,)__—
preferred B (quar.)
Central
12-20
75c
Ry
(extra)—
(quar.)—
Co., com.
Casualty Co.
American
carrying United States Government and other securities
decreased $136,000,000, largely in New York City.
Holdings of Treasury bills increased $73,000,000 in the
Chicago District, $39,000,000 in New York City, $28,000,-
1
2-15
40c
—
preferred
conv.
creased
or
1-
12-24
75c
—-
El3Ctric
.
12-21
(quar.).___
&
,
12-20
_4___
Bank
.
1,-10
12-15
12-20
12-10
12-224
12-15
12-17
12-17
10c
_.
Central
12-15
$1
•
(year-end)_____
Co.,
'
12-13 ;
12-13
25c
__________
___________
Corp.
i
12-13
6
$1.75
(quar.)
non-voting
Illinois
Chateau
3
35c
Electric
a
at all
purchasing
Mills
9-15 '
12-13
2- 1
1- 3
1- 3
12-22
1* 2
12-22
12-31
1- 1
—.—______
Corp.__._-
Products
Hanover
J; 6%
12-14
1-
8:,Ac
Corp.
Bakeries
American
American
deposits credited to domestic banks.
for
12-24
—
A
class
Co.,
Petroleum
American
Loans
12'/2c
1-
3-15
6-15
.
12-29
common.^..;
3.50%
12-15
60c
Altoona
Quarterly
revised.
in the San Francisco District.
12-24
(quar.)————
American
7
'12-29
75c
(quar.)
Coke
&
preferred
Central
12-18
10c
._T——_—-—____________
Products
American
Indus¬
6,015
4-15
7-15
1-15
l- 6
4.15%
37'/2C
—
Products
MetaL
4%%
82
+
Condition Statement ef Member Banks
to
12-31
(year-end)—__
(Va:)
Corp.
American
ited
12-31
12-18
—-
—
Corp.
7%
in demand
15c
(quar.)—:
common
Alberene
American
cor¬
—
figures
+
bills
—1,873
loans
•Dec.
12-16
12-31
American
'
Light,
Flouring
Coal
4.10%
—
American
49.4%
$lCc
+10c
$10c
75c
Company
Brewing
Fibre
4.10%
nine
each
preferred (quar.)_—
Bearing, class A (quar.)—.
Ahlberg
4%
Of
Contingent
12-23—
$2
.fffc
—-
Extra
Ratio
&
(quar.)..
W.)
Central
12-14
5,436
—
27,543
accounts—
+
Power
Central
12-15
12r24
25c
'. j.
conv.
Allied
—
7-15 '
12-15 -
commcn_>__._——;—;
Extra
12-15
12-20 i-
■—-—-
of
share
(one
—
Aeronautical
Class
Capital Accounts—
Capital paid in
Surplus (Section 7)__
Surplus (Section 13b)
1-15
1-15
$2
Central
12-17
1-10
12-20
85c
—
—
Alberton
Total
1-31
7-30
—_—_—
Central
Payable of Rec
l'/ac
-<quar.)_:
Corp.
Corp.
dividend
held)
4,989
—
$15c
$15c
,♦+—
2nd preferred
6%
12-15
12- 9^
12-15 t'
12-28
$10c
—
B
Centlivre
1-31
1- 3
1- 3
12-28
2- 1
—
Holder1
When
12 '/2C
—
(year-end)__■_—_
(year-end)
Co.
Extra '
Stock
Aerovox
Total
Petroleum
Express
Admiral
acct.
acct.
—
Treasurer
Foreign
+
;—
Centennial
,
.
2-15+
_____
are:
Per
1,038
12-28
12-10
2-15
■
(
(quar.)—_
Ltd.
—
preferred
7%
12-28
12-28
12-20
12- 7
/1.-31-
$2
Lumber,
Western
(J.
12-: D
1-15
Ltd.—
(Dunsmuirt,
Extra
35,466
1-15
' 1-15
——.
—
Common
.
Re-serve
2 'Ac
—
50c
$1.25
!_»■_+——
10c
Cascades Plywood Corp., common (year-end)
$1
3'/2% preferred (quar.)
—58s/»c
Case Pomeroy & Co., Inc.__.___:
30c
Celanese Corp. of America,
common
60c
$4.75 1st preferred
(quar.)
1—
$1.183A
$5
show the dividends
we
Adams
Federal
1-19
12-28
Year-end
Carter
2 '/2C
Liabilities—
Collieries
Quarterly
Cannon Mills,
declared.
46
—
12-17
2- 1
1-15
<quar.)_._r_—
Quarterly
gross,
previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
+ 1,018,341
—
12-28
4
(quar.)
Canadian
we
which
9,897,783
+
$2
<quar.)_
—.—
bring together all the dividends announced the
current week. Then we follow with a second table in
7 LI, 800
+
12-15,
12-20
12-15
1-19
$1.50
10c
(quar.)
1- 3
1-10
1- 3
2- 1
—
Regular
grouped in two separate tables.
Dividends are
first
A
...
B
Canadian
DIVIDENDS
975,486
—
32,263
assets
®
276
150,089
—
6,954
—
——2,576,725
assets
Total
—
—
$$1.50
$2c
80c
25c
—
Inc., class A
Plan,
I
1-15
Ltd.
Co.,
—
697
20,623
24,563
—
68,626
—
123,864
premises
Other
—
Power
&
Year-end
—7,192,156
-161,724
49
banks
243
1948, individual loan items are reported
i.e., before deduction of valuation reserves, instead of net asously reported.
Year-ago figures have been adjusted to a gross
3,565
58,790
foreign banks
Notes
Uncollected
Bank
Govt,
81,934
788,950
—
Total U.
,
Jou
526
,
week
1,509,637
+
8
—
5,056,860
-
Bonds
R.
+
—
93,106
6,048,119
—
Total
+
925
—
Notes
+
+
Light
*
4—3'/2c
15c
Buffalo Forge Co.
(year-end)——
25c
Butler Mfg. Co
——
50c
California Packing, common
(quar.)—— 62'Ac
5%
preferred (quar.)—
—
-.1
62%c
Camden & Burlington Ry. <s-a)
75c
Canada Bread, Ltd., 4'/2% 1st pfd. <quar.)_ $$1.12'/2
Canada
Machinery,
Ltd,...————
$25c
Canada Southern Ry.
(s-a)
$$1.50
55,624
-r
Bills
F.
1,565,261
securities:
Certificates
Due
17,073
—
399,472
.___
72,079
+
227,781
purchased
Govt,
+
—•
12-10 V
12-28 "
—
preferred
Class
22,960.691
t__
r*._
advances——.
and
78
12-15
——
Year-end
Carolina
ctf. reserves_„„
cash
Discounts
72,001
R.
F.
12- 6 -t
50c
$10c
—--
(quar.)
Flrance
Class
90S
tBeginning June 30,
$
22,332,431
fund
notes
12-17'+
Ltd. (interim).—
(year-end).—:
Co.
preferred
6%
MI5
149
and
12-17 4
1- 3
12-10
Quarterly
1947
$
628,260
Redemption
Other
during
Dec. 10,
1948
$
certificates
interbank
1-3
15c
(quar.)
Mines,
'
deposit accounts, except
U.
S.
Govt,
accounts,
demand
to
$1.50
Year-end
Budget
+
Borrowings
Increase (+)
—
Traction,
Porcupine
Shoe
6%
9.005
banks
Foreign banks
dollars)
•—
1-3"'
12-17
87»/2c
Buckeye Steel Castings, common
6
+
-
;
preferred
5,6j1
Liabilities—
Demand
6%
Brown
78
<
12-17
———^——-
Ltd
Mines,
Brazilian
1,158
—
+
Inc.
Broulan
5
114
2,185
12-20
12-17
T__V—
Bourjois,
-'ij?
—
„
12-31
1- 3
1- 3
- 1-17
1- 3
25c
25c
—
_
Co,—-———.—-—-
(quar.)
Water
Brook
Bralorne
T
12-18
12-15
(quar.).—25c
common (quar.)'—
$1
Corp.,
preferred
Bound
;+ *4®(
-
12-10
12-18
12-31
12-22
lquar.)__—
Extra
4,48a
|
—
812
---—
+
12-20
12-31
1-20
'
+
—
1-20
Corp.
W.)
(George
12-18
I2"!®
1-14
1-14
—.—-.—
Club
—
Borg-Warner
isb
37
,11
14,574
Banks
Reserve
vault——
in
Ji
34
"
,7
—
+
+
securities
Reserve
+
—
—
2,106
4,458
...
Treasury certificates of indebtedness
Cash
Borg
+
31
1
20
16
2
—
4,044
'
218
3,908
33^075
Balances with domestic banks.
164.
117
12
—
198
475
•
—
bills
Ridge
Development
Book-of-the-Month
"
~~
loans
Other
1,090
3'/2%
banks
to
Treasury
Blue
&
Inc.. common
'
loans
Government
S.
507
467
securities
Loans
U.
+
12-29
12-29
2- 1
2- 1
60c
Machine Co
—
(year-end)_
preferred (quar.)—_I——Corp. (year-end)
.
—
conv.
12-31
12-31
12-18
81'Ac
SI
50c
50c
60c
75c
37'/2C
27c
—-
.
(quar.)
Foundry
Laughlin,
Bonanza
18
,
purchasing or carrying:
Government obligations
Other
Co.—
&
5%
for
estate
1946
Extra
securities
S.
Bliss
pur¬
obligations
Government
S.
loans
preferred
conv.
Bethlehem
'
'
—
carrying:
or
Other
due 1954
stock
A,
preferred
1st
Light,
General mortgage 5s, due 1951
Wacker Corp., class B preferred
1IVol.
2326
for
dealers
and
brokers
to
Loans
Dec 27
4% bonds, due 1949
5% convertible preferred stock
Ohio Leather Co.,
Pacific
Co.,
Electric
&
money
agricultural
and
15,527
Other
Mortgage Corp.—collateral trust bonds, series
New
Ohio
2226
1
Anytime
Dec 31
;
1949
preferred
7%
....
industrial,
Commercial,
Union
20-year
-
chasing
National Sash Weight Corp.—
1st mortgage 6% bonds, due
National
1901
1
Apr
Longines-Wittnauer Watch Co., Inc.—
$1.20 convertible preferred stock
Montreal
Loans—net
loans
1949-1964
due
Investments—total
and
$2
<in millions of dollars)
62,330
—132
2.697
25,092
—
120
+ 1,863
25,344
—
119
+ 1,988
Assets—
Loans
Loans—gross t
bonds,
Cooperative Federee
2 % -3 Vi %
1st
1477
t2410
112142
1
1
Ry.—
4%
mortgage
Jan
July
series
series
preferred
common
Benson
1947
1948
Loan,
12-29
25c
50%
37V2C
__
—,1—
,
Industrial
preferred series 1948-——
& Hedges, Inc., common:
$4
Dec. 3,
Nov. 24,
1,
1948
Appajachian Power Co., 6%
$3.25
Dec, (—) Since
Dec.
Corp
dividend
Stock
Beneficial
Inc. (+) or
ENTIRE
Company and Issue—
Aircraft
Beech
member banks follows:
Payable of Rec.
Share
Name of Company
cipal decrease was $241,000,000 in New
Holders
When
Per
district; the prin¬
York City.
of the assets and liabilities of reporting
Borrowings decreased in most of the
2330
Union Oil Co. of California,
Monday, December 13, 1948
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2474)
v
1st
preferred
Volume
THE
Number 4759
168
Name of Com-pany
Detroit
Hillsdale
Steel
Products
(Vvalti
rrodueiion
Walt
(see
nonunion
Dairies,
6%
*_i.d.,
Co.,
j-ti;,
p.d.
Sludge, Ltd.,
'poll-Norton
M.g.
Duouesno
$4
$5
Natural
preierred
Eastern
6'/r
Massachusetts
preierred
Eastern
51
Co.
RR.
B
(s-ai
Street
Racing Association,
(quar.)
!
Eaton
&
Howard
Stock
&
Howard
Corp.,
Extra
u~ 6
Inter-City
1-18
Ldgewater
Steel
Monthly '
1-15
1-15
1-18
12-31
12-31
12-31
12-30
12-15
12-20
12-20
12-15
12-15
12_1®
12- 4
1-15
2-15
(extra)
(year-endi—
(year-end)
—
5%%
Co.,
Quarterly
preferred
(qi.ar.)
Extra
—
Consolidated
±
-
(Seattle)
Water
ihu
—_--
H.t
4.16%
Co.,
Extra
pfd.
6%
Fund
Stream
&
Class
Co.
class
&
Wallace,
$3
Extra
class
--;
+
A
"
Products,
Brush
Class
1
;
1- 3
12-14
12-
12-
common
Laclede
35c
1-
12-
6%
12-15
12-
25c
12-30
35c
1-20
General
30c
,
-——
"
12-28
$1
Baking
Co.,
2-
Lees
General
(quar.)
12-31
Extra
6 %
Co.,
common
Certificates
r.;
$6
,
preferred
General
Tire
4 % %
.
Genuine
Glens
Parts
Falls
Extra
Co.
-
1-
^2-31
1
$l.O0'/»
12-31
..
20c
(year-end)..
1-
40c
(quar.)
1- 3
Greenwich Water System,
Watch
Co.
Realty
Co.,
6%
Gulf
Insurance
Co.
Gulf
Oil
(stock
Corp.
6%
pfd.
$1.50
12-30
pfd.
(quar.)______
(Dallas, Texas)
dividend)
'
12-16
1-3
35c
12-11
12-15
1
$1.50
12-28
35c
1-14
1-7
—
One shave of Texas Gulf Sulphur common
\ for each 65 shares held
Gypsum, L me & Alabastine of Canada, Ltd.—
Quarterly
"
(
Extra
.
Hall
(C.
J25c
1
4-30
9-1
*8-1
t25e
Mfg.
Increased
lOc
I12V2C
Co.
A'rcraft
Co,
12-15
12-18
12-28
12-18
35c
1-3
12-16
3c
(N.
12-23
12-15
$1.12%
1-15
12-31
Y.i—
...
...
Harrisburg
Gas Co., 4%%
pfd. (quar.)....
Cooley Co.
(year-end).:
Hqt Corp. of America, class A_.
&
95c
12-22
12-6
25c
1-10
12-27
25c
1-10
12-27
$1.12%
2-1
1-18
...
Class
<
B
■4%%
Heller
,
...—
(quar.)...
Commercial k Sugar
(Walter
E.)
Co.,
&
Extra
„
,
...—
preferred
Hawaiian
Co., Ltd.....
common
Oil
Class
Extra
Holly
Extra
Holt
$1.non-cum.
Holyoke
Hoover
Horne
&
(Joseph)
Houston
5%
Oil
A
Houdry
com.
(resumed)._
(quar.)
I.......
Process
Cement
12-31
12-24
12-14
12-23
12-10
1-
3
12-11
1-
3
12-11
50c
25c
•
12-28
(year-end)
com.
*
(quar.)...
Corp
3-
1
2-18
(increased)
12-15
12-
12-22
12-10
50c
12%c
$1.25
$1.37%
....
RR.
Coal
&
I*,)*",
(quar.)
&
Light,
$100
preferred,
$25
Valley
Gas
-
$1.50
2-
3
Co.
(quar.)
(s-a 1
6%
RR.,
pfd.
Co.
•
12-27
1-
8
12-15
3
12-20
12-30
12-20
12-30
12-20
12-20
3
12-23
Philadelphia
3
12-20
Pittsfield
1-
3
12-27
1-
12-15
—___
5c
12-23
12-13
__________
25c
12-20
12-
Maootta- Corp
1
Co.,
Frontenac
Oil
Ltd.____
Co., Ltd.—-
G.)
cl.
4%
Co.,
preferred
Mercantile
Mercury
(s-a)
Co., 7% pfd.
Ltd.
(increased
-
4%%
preferred
Forming
Metals
Ltd.,
Meyer-Blanke
Co.
3
12-15
2-15
Drug
Class
Y.)
class
1-
12-15
Reymer &
$1.12 %
12-31
12-14
12-
Corp. < (N.
Textiles, Ltd.,
Bros,
30C
Bridge
Copper
Co.
Michigan
Bumper
12-14
12-
7
7%
12-26
12-18
7%
1st
12-27
12-17
7%
1st
15c
—___
37 VaC
50c
Co,_.
Miami
1-15
12-24
7%
2nd
(extra)_—
Corp.
(quar.)
•
Mission
Corp.
share
One
(stock
common
three
each
for
Development $5
shares
held
\
.■
or
—
Missouri
Portland Cement
(year-end)
Mohawk
Petroleum
12-28
12-27
Montana-Dakota
$4.20
Utilities,
12-31
75c
—
7%
12-20
&
common
Co.,
com.
Class
A
Plan
Bank
(New
Haven)
12-14
Plan
Investors
Paper,
Munising Wood
5%
1-
1
12-15
1-15
12-16
1-15
12-16
1-
12-16
12-23
'
12-15
12-23
$1.50
$1
3
12-15
25c
12-15
12-
4
60c
12-15
12-
4
1
1-
3
1-
3
1-
1
12-15
$1.25
1-
3
12-20
12-13
12-17
12-20
_____
2-
12-10
1
1-15
12-29
12-15
12-29
12-15
12-17
12-11
15c
12-22
12-14
115c
(quar.)
^___
1-
1
12-13
12 %c
A
1-
3
12-15
5c
$1.75
12-24
12-14
1
12-15
1-
(quar.)_
$1.75
4-
1
3-15
(quar.)
$1.75
7-
1
6-15
$1.75
10-
1
9-15
1-
1
12-15
(quar.)
$1.75
4-
1
3-15
1
6-15
2nd preferred
$1.75
10-
1
9-15
Ritter
Company,
(quar.)___
Inc.,
50c
preferred
Riverside
$2
Silk
Mills,
8
12-
8
1-
3
12-24
25c
2-
1
1-20
;
Mills,
Ltd.
Robinson Plywood
Rock
of
150c
110c
(quar.)___j.
& Timber
2
1
12-13
.
1-
3
1st
preferred
Flour
preferred
Louis
San-Nap-Pak
Jose
Mfg.,
Water
(quar.)
1-25
12-10
1-
1-15
12-
1
1
12-23
140c
2-
1
12-31
t$1.75
Stockyards
Works
12-15
t$1.12%
Mills, Ltd.,
70c
12-15
12-31
25c
2-
1
12-31
—
$1
1-
3
12-21
(quar.)__
17 VaC
12-30
12-20
3
12-10
com.
(quar.)
(quar.)
National
12-31
25c
(initial)
Corp. (extra)
Dry Dock Co., Ltd.—
Lawrence
7%
St.
12-
120c
Ltd
Ages
John
4 % %
St.
12-17
120c
Co.,
Extra
St.
12-17
12-29
Ltd.—
participating class A (quar.)
&
12-17
12-29
$1.25
common
(quar.)_._,
12-29
50c
5%
San
(quar.i
(year-end)
preferred
cr\„
(quar.)
1-
Electric Co.
(quar.)_____
12-17
40C
12-30
41V4C
12-15
$1.50
;
Extra
12-30
30c
Sangamo
12-17
12-
9
$1
12-20
12-
8
$1
12-31
12-17
72-17
'
Sanger
Brothers, 5Mi% pfd. (quar.)
Williams, Inc. (year-end)
12-
4
(year-end)
Telephone Co. (quar.i
50c
12-20
12-
12-24
12-10
Nat'onal
City
Bank
of
50c
12-31
12-15
National
City
Lines
(extra)
Corp.
N.
%c
12-30
12-15
12 Vac
12-30
12-15
12-31
lfc-20
Seaboard
15C
12-13
12-
12-27
12-20
12-13
Seaboard
Surety Co.
(special)
Seismograph Service Corp. (quar.)
60c
12-29
15c
12-21
12-15
Selected
50c
12-21
12-16
$1
12-23
12-11
12
(quar.)__
Company
Nash-Kelvinator
35c
12-24
35c
(quar.)
convertible preferred
Mutual
12-
12-15
Inc.—
Common
Muter
12-15
$1.75
pfd.
12-
7-
Little
50c
(quar.|_—
1st
12-15
$1.75
Robinson
(quar.)
(quar.).
(quar.)__
12-15
15c
12-24
$1.75
i- 3
12-15
—
Products Co.,
12-31
(quar.)____
1-15
Cafeterias Consolidated, Inc.—
preferred
Munising
12-31
(quar.)
Cotton
20c
Morrison
12-31
31V4C
preferred
Robinson
1
(quar.)___
12-14
preferred
12-15
1-
——
12-14
'
15c
(year-end)
(quar.)
preferred
12-15
$1.75
Extra
3
2nd
1
20c
(quar.)
3
1-
2nd
1
$1.75
(quar.)_
Ward
1-
7%
1-
(quar.)
Extra*
5%
preferred
preferred
1-
$1.05
pfd.
(quar.)
preferred
20c
$1
preferred
Montgomery
Morris
1st
20c
Monongaheia Valley Water,
50c
8%c
12-14
1-15
Extra
Morris
12-10
50 c
25C
(quar.)________—
Corp.
12-17
7%
par
$2 in cash. Subject to approval by SEC.
Mississippi Glass Co.—
Year-end
12-15
12-31
1-3
7%
dividend) —
Mission
of
3
1-10
30c
Argentine Mining Co.__,
Rice-Stix Dry Goods Co.—7%
1st
preferred (quar.) _______________
7
1-
$2.50
7 VaC
(quar.)
Rico
12-20
30c
(quar.)
(s-a)
A
Reinsurance
9
12-31
12-11
$1.25
common
Renfrew
12-
12-16
3
$1.50
(irreg.)
(quar.)__
1-15
12-20
3
1-15
1-
$1,75
87 Vac
(quar.)
common
Company,
12-15
15c
1-
12-20
$1
Philadelphia
1
(quar.)_____
Miami
of
2-
3
12-16
10c
(quar.)__
Reed-Pre-ntice Corp. (resumed)
1-31
12-11
3
1-
15c
1-15
1$ 1.12'/a
(quar.)
(s-a)
150c
(extra 1—
pfd.
Co.
preferred
Reed
preferred
145C
__________
Disintegrating Co., 4%'%
12-15
1-
(Hartford)
Corp
(Pa.)
Corp.,
5%
12-15
3
1st
Co.
Trust
Estate
Reece
12-17
3
;___
(s-a)
_____
Orpheum
Real
1-
12-29
12-23
Co.—
Co.,
convertible
Keith
12-20
1-
Co.
9
62 VaC
(quer.)
(quar.)
RR.
12-
Corp of America—
$3.50
3
$1.75
(quar.)—,
common—
(quar.)
Corp.
Radio
1-
12-23
12-18
25c
:
Reading Gas
2c'
quar.)
.
Co.,
Extra
12-31
15c
—
Stores
Mills,
Paper
Transit
1-20
$1.25
(quar.)—_
common
-
Mersey
Metal
&
12-28
$1
75c
(irreg.)
B
1
Johnson
Insurance
1$1
Company,
RR.
Adams
1-14
12-31
$2.50
preferred
5%.pfd. (quar.)_____
Prentice (G. E.)
Manufacturing Co
Progress Laundry Co._.
;
Radio
preferred ^ (quar.)
Trenton
1
1-15
20c
(year-end)
7%
2-
12-16
50c
Fund, Inc
Transportation
(quar.)
North
9
Huron
Portland
7
12-20
25c
D
Sulphite & Paper Co.—
Common (quar.)
1_
4%
preferred (quar.)
12T-10
12-30
3-15
$1.50
Extra '
12-15
12-24
&
&
Phoenix
Port
12-
$1.25
(quar.)
Suburban
preferred
1-
12-31
12-20
12-23
50c
12-30
12-17
12-20
3-30
50c
W.iter
5%
12-27
12-30
8c
(resumed i_
Philadelphia
(quar.)r___—_____________
$1
Extra
1-
12-23
10c
Company
12-24
12-24
Mead
Consolidated
C.)
1-15
12-20
(Arthur
Tin
American Investment
Works,
lc
Co.
12-10
$1.25
Engineering
(quar.)__!
Candies
12-23
12-10
(year-end)
Pennsylvania
$1.75
12-31
10c
(quar.)__
Inc.
Peoria
(quar.)___
preferred
10c
com.
12-31
California-
Greyhound Lines
(J.
12-15
20c
Financo
Aggregates,
12-27
10c
McKee
Coast
Pacific
110c
10c
12-10
3
12-31
30c
(quar.)
Corp. (quar.)
12-15
1-15
1-20
Co._____
Lighting Corp. $5 pfd.
Pacific Public Service
(quar.)
12-10
4%
Electric
Corp. of
Common (year-end)
5%
preferred (quar.)
12-10
Sugar
preferred
Pacific
12-11
Co., 7%
60c
1
4%
$2
12 Vac
1 ___•
,■
3
3
McColl
Carbon
(quar.)_
(initial
Quarterly
1-14
12-30
Maul
&
:
Oxford
12-31
1-
17 VaC
pfd.
Pacific
12-30
McBryde
Ribbon
8%
common
& Rockland Electric
Pacific
4c
-
new
1-15
1
6
12-20
Town
1-
50c
12-
12-15
Ltd.,
12-28
20c
6
12-20
2
Pan
$1.50
12-
50c
3
3
75c
Oil
(Minn.)—(initial)
1-
12-17
20c
Lee
;
1-
Penney
T,—
12-11
12-30
12-31
(quar.)_
—
3
12-20
(quar.)
Oils,
$1.25
(quar.)__—___
Machine
Corp
1-
25c
Power
preferred
125c
Calculating
•_
12-31
12-23
Mills Corp., common—
preferred (quar.)_
Mascot
States
$12.50
—__
12-22
18 %c
(quar.)
25c
Co., common......
(s-a)
Midland
Water
Paper Mills
$1.25
Ltd
ap¬
12-12
1-15
40c
($5
2-1
12-31
1-15
_______
12-1Q
1
1-15
——___
12-31
12-10
12-20
1-
40c
________
(quar.)
to
12-31
12-20
—
stock
effect
common
held,
Subject to stockholders
meeting Dec. 22.___
Oil, Ltd. 7% pfd. (accum.)
Pacific
1
11-30
35c
12-17
12-
12-17
(quar.)__
$1.25
______
(quar.)___
Coal
&
RR,
5% ; preierred
Central
1-
1-3
12-10
30c
I_
dividend)
fstock
share
10%
RR.
Company
Coal
12-27
12-28
$1
$1.50
at
common
31 '/4C
(quar.)
par
Corp.
each
,
Orange
12-17
12-23
6
1-15
12-17
$2.50
12-22
1-
$1.50
I__
(quar.)
Extra
..
1-15
1-15
1-15
Old
1
12-27
12-31
90c
12-18
A
^
«
10c
________
$6 pfd. (quar.)..
(Ky.), common¬
par
Electric
&
^
20c
Electric
preferred,
2-
1
7
40c
1——
r.
&
3-
1-
12-20
1-15
50c
I__II_IIIIIIII
com. (quarj_
(quar.)
3
$1.20
3
75c
Co.
Company (initial)
(quar.)
Power
•
,
;
Chain
Gas
7%
Material,
Navigation
12-17
50c
:
Investors
Co.
1-25
$1
Co..
(quar.).
preferred (quar.)
Incorporated
12-24
50c
Inc.,
Bearing
Co.
9
12-9
1-15
50c
Ry...___
Field
12-
12-15
'2c
(quar.).
preferred
5%%
Ideal
class
Street
Ball
Co.,
12-15
12-20
15c
...
Ltd.
:■—
&
1- 2
12-20
,1c
J
(resumed)
Company,
—
(Henry.)
2
25c
...
Inc.
H.)
1-
f5c
■'
...
(D.
12-20
25c
___________
iquar.)..,
Bell.
Stores,-
Holmes
12-20
$1.37%
_________
Ltd,
(irreg.)
Hoily Development Co. (quar.)
.
2
$1
Corp., class A (quar.)
B
Highland
11-30
1-
1-2
5c
£
preferred (quar.)
5%% preferred (quar.)
12-10
15c
30c
(quar.)
_______
.4%
Hlcock
1
12-17
3
(init'al).
•
1-
11-
12-28
—______
Insurance
1
12-27
25c
....
quarterly
12-
35c
(quar.)
......
Hanover Fire
Harlow
2-1
6-
M.i
Hamilton
Hart
3-1
j25c
—
Co.
2-1
f25c
Lamp Co. (irreg.)
Bridge Co., Ltd.....
Extra
3-1
11-19
f25c
-4—
Hamilton
$1
Association—
1-
(quar.)
12-16
12-28
10%
(quar.)
12-15
Norwich & Worcester RR.
Oberman & Co., 5% pfd.
12-16
3
12-15
12-15
20c
x
up.
Star
Okalta
12-17
5c
12-22
.........—_—...
Quarterly
Quarterly
Quarterly
1-
12-31
12-31
preferred (quar.)
Northwestern Leather Co.
1-15
1-
(reduced)
Electric
Co.
Hundred
for
New
12-13
1
2-
$2
-
.
,
Co.
Year-end
.
12-23
12-17
12-31
$3.60
12-15
96'/4C
1
35c
,
12-15
12-31
60c
——
(quar.).
Taylor
12-18
(incrd.)
common-(extra)
12-31
1-31
12-7
1-
10%
quar.)
:I_II__II_
additional share of
$4.80
$3
—______
_•
■
&
Mary
12-17 '
1-
$1.50
(quar.)..
(quar.
12-15
6%
Iron "Ore
of
-Extra
Marion
12-20
12-27
12-31
2-15
12-27
60c
Northern
■r
Martel
12-10
1
3
12-31
'
•:
Properties—
beneficial int. (year-end)..
(Va.)~
(increased
(Ohio),
(quar.)
Northern
12-31
1-15
1-15
Marine
12-10
1-
45c
quar.)—
Co.
1-15
45c
1-31
35c
(quar.)_
System
&
Extra
25c
quar.)
1-31
2-15
I7%c
•_
Trust
proval
12-21
2-15
6c
Co.
quar.)__-
Telephone Co.
North
1-31
70c
split
12-21
2-15
20c
par)
12-17
12-28
<
shares_-_
1-31
1-31
8c
II
III-II
Nineteen
12-11
3
1-23
Marchant
12-21
40c
Y.)
(N.
1
1-
50c
20c
Steel
Maine
12-21
12-31
2-
12-28
37 Vac
1-31
2-15
2-15
9c
IIIII
Insurance
Electric
2-15
12c
15c
;
;
York
One
12-31
10c
:
Extra
12-17
1-15
estimates
shares__-_____
Fire
(reduced
preferred
Nidholson File Co.
9
$1
Sons,
Mailman Corp.^
12-21
12-31
"
Co.
112c
:—
common....
3
trade
Union
6%
12-17
1-
'50c
Mahoning
.
12-31
93%c
(quar.
12-27
5c
12-31
12c
dividend
Newark
II-30
12-
1-15
Year-end
12-10
12-15
12-17
7 Vac
Stock. dividend
.
2-
8IV4C
12-15
8c
✓
-
~
England* Gas
New
7
50c
—
Corp.
Magnavox
J
1
&
preferred
Lykens
1
12-14
'2- "1 "V 12-31
$1.37%
$1.50
Insurance
Certificates
Guilford
2-
•
$5
12-
12-31
12-31
York Central RR. Co.
(resumed)
New York Honduras & Rosario
Mining Co.—
12-31
50c
___________
(s-a)
5%
;.t
—.-e
Northern
Gruen
'
Co.—
preferred...
Globe-Onion,- Inc.
Great
$1
1
(quar.)
.convertible
12-
-
1-15
$1.50
(s-ai
■
Lynn
(quar.)
preferred
-'.3'/4%
12-22
12-21
1-15
1-15
8c
New
Bakeries—•
s'
v':f
12-24
12-20
75c
___!
Louisviiie
12-17
15c
3
30c
'
x
Ltd._
Insuranco
Louisiana
12-17
25c
12-20
1-
9c
10c
Quarterly
12-15
3
1-
IIIIIIIIIII
IIIIIII_I
series
equipment
England
New
12-15
1-
30c
$4
Lonsdale
12-17-
1-3
_
Rubber
preferred
'
3
..1-3
interest
(quar.
&
1-
3
12-31
$1.25
37 V2C
(quar.)
Schuylkill
Co.
Lord
Corp.—
S4 conv. preferred
(quar.)__.___
$5.50 preferred (quar.)....,....
T
r
.
1-17
25c
Service
12-15
(quar.)
(quar.)____—
12-31
Extra
12-15
3
_
(initial
(s-a)
Belt
Locke
12-17
."
iyear-end)
3
12-31
1-15
series
Corp.
New
12-31
5c
preliminary
stock
Stock
1-15
II
fundJ
Nekoosa-Edwards Paper
2-14
1-
trust
following
Retail
2-14
1
Stores
Little
12-17
<37% c
_______
(Boston)-r-
benefic al
of
Public
Common
1
12-24
25c
v_—__
(quar.)
Investors Trust
Genera'.
2-
12-24
$2
'
(quar.)..
preferred
•
General
15c
...
1
3-
11-30
shown:
Railroad
12-17
3-
$1
12-20
40c
...
_________________
12-27
12-15
12-31
series
Nehi
11-30
1-15
stock series
group series
Railroad
shares
4
-1-
____
12-20
12-31
12-
$1.25
Corp. (increased quar.)
Lexington Union Station Co., 4% p.d. (s-a)
Liberty Products Corp. (stock dividend)
12-17
15c
Title
(James)
Lerner
1-20
15c
%
12-15
$1
—
(initial
mutual
National
11-30
1-15
Selected
1-19
11-30'
12-15
6c
-
Stock
12-18
1
ioc
12-17
12-27
1-15
1-15
2-
12-15
11c
common
Preferred
3
11-30
12-15
7c
Balanced
6
1-
15c
(s-a)
preferred
Link
12-
11-30
6c
series
shares
the
11-30
12-15
estimates
are
;
12-14
12-10
below
series
First
12-15
5c
series
bond
On
II-30
12-29
shown
Metal
12-14
25c
Co
preierred
3.85%
.
com.
(quar.)...
Controls
A
c.ass
Mines,
common
Lehman
.
12-20
12-29
4c
Steel shares
12-15
3-15
12-15
Automobile shares
12-15
Extra
12-13
1
25c
-----
common.
Extra
preferred
.
12-10
distributions:
Low-priced
12-15
120c
(quar.)
3-15
12-31
100%
5c
Low-priced
12-15
(quar.)
preferred
(increased)
United
Common
8
12-27
,
25c
_
Texas^
(quar.)J
$8. preferred
5%
1
•
Speculative
12-15
12-30
such
Bond
12-15
3
37 VaC
Company
Lawyers
1- 5
_______
1
1-
95c
Corp. of Delaware,
$1.80
12-17
_____
1-
1
(quar.)
pfd.
4-
IIIIIIIIIII
amounts
of
3
1
Natural
preierred
New
8
$2.40
_____
I-
12-30
25c
Light
Gold
Lambert
-
,,
Power,
Electric
Gas
Lamson
12-30
12-15
1
1-
_____
(quar.)
Lamaque
12-15
1-10
60c
(qua.1.)
of
1
10c
2-
1-
;
Company
6%
_
(quar.)
General American Oil
B
Kuhlman
,
1
___
12-20
$1.50
Kittanning Telephone Co.~(quar.)
Knott Corp.
6
12-
12-20
3
50c
Gas, common
(qttar,)u.^__^—.——H
Class
6
12-14
12-15
3
1-
(quar.)!
preferred
Kelling Nut Co.,' 6%
Kelsey-Hayes Wheel,
12-6
30c
A—
4—
preferred
12-14
1-
The
1
*
$5
12-15
$1.25
(extra).
(quar.)__
Extra
3
1-14
$3
L
_+
preferred
Kansas Electric
12-15
1-
12-22
10c
(Ottawa)
1
8c
shares
12-16
Co
City Power & Light, 4%
3.80%
7
3
Oil
3
—
(quar.)
Ltd.
Furnace
3-15
4-
dividend)" ~
(stock
Building shares
Chemical shares
12-22
10c
pfd.
Co.,
&
1
shares
are
Vegetable Parchment Co.
Extra
Kansas
12-24
12-
1-
12-31
1-
(quar.)
Works, 6%
Stove
4-
7c
3
1-29
(quar.)..
Machine
12-14
15c
(quar.)
series
1-
$1.25
...
12-14
3
series
stock
1-31
$1.50
(initial).
Publishing
Kalamazoo
12-17
12-10
30c
_______
A
class
Co.*
Lamson
Langendorf
______
Pack.ng
Co.
Sulphur
3
1-
series
Aviation
12-30
...
Water
Journal
12-17
3
40c
______
Corp.,
Gardner-Demer
Co.,
Hotel
Lake
Income
Industrial
12-13
$1.50
(quar.)
Year-end
12-16
1- 3
75c
(accum.)____
preferred
Jefferson
9
1-
50c
(quar.)
-
class
preferred
Jefferson
&
.
Ltd.—
Telephone Corp.—
A (quar.) u_:
1st
12-20
1-
$1.12%
com.
(quar.)
Type
12-22
t$2
preferred
6%
12-17
12-24
25c
9
10c
12-
75c
12-20
75c
1-3
12V2c
12-
3
1
12-15
(year-end)
(extra)
Extra
5%
12-15
30c
Service
Garlock
Jamestown
-
Law—
Inc.___
Co.,
AA
Fulton
6%.
1-
3
1-
5c
12-18
12-15
12-15
40c
preferred
A%
1-1
1-
2 %e
(quar.)_
12-30
Funds-
10c
preferred
$2
___
preferred
Trust
Co
Co.i__.
20c
-
__
(year-end)
Frankl.n
Shoe
Telephone, ,$6
Ironer
King-Seeley Corp. (quar.)._
Kirby Lumber Corp. (year-end)
Kentucky Natural Gas Co. (quar.)
County Coal Corp.—
National
t $ 1.75
Kerite
_
non-cum.
Frankfort
Paper
&
12-14
$1.03 %
(quar.)..
75c
tl5c
137 VaC
■
^
(quar.)
Institutional
Canada,
12- 9
(year-end)
Class B
Fuller
1-15
12-27
of
12-14
(quar.)_____,
(Alberti-Guenther
Class
National
12-27
J$4
12-15
______——
A
12-14
common
12-24
Co.____
Company
12-27
J 75c
20c
A
50c
preferred
preferred
3c
70c
______
_
5%
(s-a):
/Kansas-Nebraska
6c
____
(year-end)
Co.,
Shoe
Hotels
Formica
,,?%',
12-23
3c
(quar.)——ij
Pennsylvan.a
B\
Forbes
Fry
of
4Va%
12-10
(s-a)_
(quar.)__:—
Co.
12-28
12-24
National
80c
—_t_
Publishing
Stove
Ironrite
12-18
12-11
12-11
—
Co.
Fio'rsheim
6%
12-23
(s-ai__
(year-end)-.
Extra
F nance
Florence
Interstate
12-18
12-31
50c
i
___
Field
Frank
12-31
-
-
3
t$l
pre.erred
Joplin
5Cc
__
Fidel.ty
7%
Jones
20c
.
(s-al
1-
12-21
Co.—
Ltd.,
When
Holdert
Payable of Rec.
$1.25
1
60c
.—:
1
common
t30c
(quar.)
Co1(
Ltd.,
(quar.)
Linen Service
Corp.
2-
2%c
Coal
(year-end
Grocers,
preferred
50c
Inc
Ltd.
Share
t25c
...
Baking,
Company
common
$1.50
Snares
International.NickeLCo.
Co.,
(Frank). Brew.ng
Group
Certificates,
preferred
12-10
1-15
1-15
12-20
2- 1
2-1-
,
Ltd.—
preferred
(quar,t26c
Frocks, Inp.
(quar.)—
15e
Fashion
8%
New
"
(quar.)
51
Enameling & Stamping—
National
Shares, Ltd.—+
Insurance
3-15
$2.75
-
Consolidated
Co.
1—
(T.
-
Kalamazoo
-
-
-
Estabrooks
Institutional
.
—
-
Special
Elizabethtown
$1.37 V2
30c
$1.12%
_____
(quar.)—
(quar.)___—
Products
12-24
12-31
12-15
1-25
2-25
3-25
21c
common
preferred
Electncal
Ford
—:—
;
Exco
Fehr
----
_______
___
12-24
33c
40c
-
tl2l/2C
50c
21c
21c
____—4—.
-
Monthly
Egry Registei,
Produces
12-15
12-15
1- 3
1- 3
15c
(quar.)
Fund
Monthly
4%%
12-15
International
(quar.),
—
I-10
Extra
25c
Fund
Ltd.
12-15
1
In.and
Ry.—
common
Balanced
•>.
12- b
2- 1
(accum.)
Eaton
,
J2"^
l2"!6
preierred
Ecuadorian
v
__
resumed)
1
2
2-
certificates
Michigan Electric
Intevcolon.al
(resumed)
1-
20c
quar.)
Per
Name 0]
Ltd.—
...
4(4%
preferred
(quar.)
Industrial Stamping & Mfg. Co.
Investors
(year-end)....
*2"*?
Gas—•
Pennsylvania
&;
Insurance
;
preierred
convertible
Dai.t
-
(S-u/_
convertible
Indiana
Payable of Rec.
$1.18%
(incieased
Canada,
(quar.)
trust,
50c
50c
$1.50
(quar.)
Co.
——
Corp.-
Voting
25c
———
Extra
Duphrn
>
J2*";1:?
J2-^,
J2"8*
$1-15
(quar.)
common
Co....
of
Fuels, Ltd., 6% partic. pfd. (s-a)
Incorporated Investors
(year-end)
Independent ..Pneumatic_ Tool Co., common—
1-15
1-15
1- 3
1-12
1- 1
1- 1
12-29
12-16
t25c
(qu&r.)
Lomason
preferred
120c
1250
37l/2C
40C
(quar.)
Foundry & oteel, Ltd. iquar.)____
Dominion Steei 6s Coal, ntd., class B <s-a)
A
4%
$5
5%"nun-cumulative preierred
Clft.8
1- 3
1-12
10c
t75c
+12V2c
244c
J35c
taccum.)
Dominion
Douglas &,
12-1
Disney
(quar.)
common
Co.
Co.
(2475)
Holdert
National
(quar.).^
RR.
Tobacco
When
Co.—
Imperia.le
(reduced)-
Corp.
Cjai
preferred
Terminal
Imperial
12-10
CHRONICLE
Share
Telephone
,
_
Dominion
Donned &
$4.75
12■-10
1
District Theatres
Company
Commerc.al
Illinois
,,,0a
12-22
t. _'
-c
—-
Name of
Illinois
.
J"®
$1.75
20c
s—,—
-
productions
$2
•
__
Di.ney
■
(year-end t
Diamond Pordana Cement, \quar.)
Extra
Co.
—1
Semi-annuai
Detroit
RR.
Western
FINANCIAL
Per
Payable of Rec.
Share
South
&
&
Holdert
When
rer
COMMERCIAL
Y
60c
80c
25c
_
4
1
1-14
12-24
12-14
2-
Scott
&
Scudder
Seton
Stevens
Air
&
Line
Clark
RR.
Fund
Securities
Leather
Co.
(year-end)
(initial)
(year-end)
_
.
52
•n
Oil
6'namrock
Steel
Sharon
Corp,
12-20
12-10
$1.25
12-20
~r
Sharp ft Dohme, Inc. (quar.)_
Corp. of America—
***—**
$1,25
of Canada
Co.
Malting
Sick's Seattle Brewing ft
Corp.
Paper
Simplex
Stock dividend
12-31
12-17
12-24
12-14
1
1-10
1
1-10
Alabama
12-
12-17
12-7
Alaska
20C
12-22,
12-15
12-15
4 M* %
2-15
1-15
50c
Corp.
preferred A
3
12-14
50c
12-29
12-15
20c
1-10
12-27
1-
12-20
1-
50c
$1
$1.12 Mi
12-20
12-10
1
12-20
12-28
12-17
1-
$1.50
$1
:
12-15
12-20
20c
(quar.)
3
1
1-
$1.75
Sperry Corp. <«-a>*
y—i
Standard Dredging Corp.—
1-
12-24
$2.50
(year-end)
1
1-15
2-19
preferred (quar.)—
Standard Screw Co., com
6'/r preferred A (s-a) „—
eonv.
12-27
$3
.**i***_.
1-
12-17
1
Textiles com,
Stern & Stern
Special ■
preferred
(quar.)
4%
(quar.)***—
7% 1st pfd.
Container
Stone
12-15
Extra
12-10'
Extra
12 Mac
1-3
$4.50
A
1
3-15
12-15
20c
1-12
Corp.
preferred
Sunbeam Corp.
3
43%c
(quar.)
3
Sunset-McKee
15c
(quarJ-
Co.
(year-end)-*—,
Tappan Stove Co,
Ltd.
Stores,
Class
A
(quar.)
Extra
Toronto
Extra
Transwestern
Royalty
Corp.
Quarterly
•
B
ft
Corp.,
class A
1-
3
12-15
1-
■"
12-23
12-20
1-15
12-30
(quar.)
—"
—•
Tobacco
Leaf
12-23
12-20
1%
Common
(increased
1%
12-
Extra
1
Company
Utah
—
5%
Idaho
class
60c
Utah
A
Payable
New
in
Oil
4%
Co.
1-11
12-20
12-14
Extra
12-14
12 Mac
12-28
12-22
17 Mac
1-15
12-20
$1
12-18
12-24
12-27
(quar.)**:
$4
12-31
12-31
"
*
Extra
„*
3
3
12-15
Stock
12-10
American
preferred
2-1
1-20
1-20
2-
1
12-13
prefered
American
7%
preferred
2-
1
1-15
American
2-
$50c
1
1-15
American Meter
J31M.C
2-
1
1-15
*37 Mac
2-
1
Below
we
1-15
this
Abbott
Laboratories
Extra
Share
(quar.)
ZZZir
•
Abercrombie
Abitibl Power
Fitch,
$1.50
prior
(auar.)
preferred (quar.)i
Acadia Atlantic Sugar
Refineries,
5% preferred (quar.)
Class
A
partic
Acme
Electric
Acme
Glove
Adams
(J,
preferential
Corp.,
Works,
common
Ltd.
*
Aeolian
'Aetna
Corp.
(Del;)
1**11
.
12-22
1-
2
12-
7
2
$25C
(quar.)*
7MiC
"I
(interim)
;
12-30
50c
■
I-.1®-
.
12-16
12 Mac
12-
6
62 Mac
*
*
'
50c
40c
25o
;
11-30*
12-15
12-1
12-15
12-
1
12-15
12-
1
$1.25
1- 3
12- 6
Basic
$1.50
1- 3
12-6
$1.25
12-20
12-10
25c
12-24
12-1
3
1- 3
12- 3
common
Co.,
common
(year-end)
•
(quar.)
:
12-3
12-15
•12-
1
12-15
12-
1
preferred
(quar.)
.American Stamping Co,
American
olis)
States
(quar.).
—
Bath
Baumann
12-31
12-20
4Mi%
1- 1
Bausch
1-1
12-11
12-11
;__*„
*
75c
(year-end)
Insurance
Co.
-
(Indianap—
(
,$1
.->•;
...30c
4Mi%
4%
12-11
12-23
>
.
12- 2
12-2
12-3154 12-10
>ir
12-24'
1-
12-10
3
1-14
1-31
12-
3
12-20
12-
3
12-21
12-10
12-21
12-10
12t31
12-28
12-13
11-27*
12-22
1-2-49
12-14
12-17
12- 3
12-15
20c'
50c
1-
2
1-20
12- 7
1- 3
1-
3
12-10
1-
3
12-10
12-15
12-3
12-
3
1-4-49
12-22*
12-20
124 4
+25c
.$12MiC
$$1.75
50c
12-15
11-30
12-15
11-30
1-15
12-31
50c
12-22
12-
9
10c
20c
—
;—
———
12-15
12^
i:
12-15
11-30
preferred
Works
Lomb
—
—
Co.,
&
Co.,
20c
—
50c
(quar.)*
common
$4
.
common
com.
■
^1- 3, ,12-15
Class
-
A
A
12-21
$1.40
-
(quar.)
i
*
(qnar.)
>■
**ii-_***'*—
.
—
.
1
•
12-21
12-15
1- 3
12-15
ZIV2C
(s-a)*,——
.
12-31
1- 3
12-15
11-30
10c
12-15
12-
50c
25c
25c
25c
35c
35c
35c
2- 1
1-10
3
12-10
25c
$1
(quar.)—
.
i$1.40 preferred (quar.)**;
tit
42-10*
11-30
(quar.)*—
-01.40
1
25c
$2.25
(quar.)
Class A
(quar.)
preferred
preferred
1-
12-10*
12-31
(quar.)
Class
11-30
42410*
12-15
;
common
12-15
12-28
12-28
$1
Cigars, Inc.
Lumber Co.,
12-16
$l.l2Mi
preferred (quar.)
Beaver
3
*
—
(s-a)—
Optical Co.
1-
——
(quar.)*—
(resumed)—
(Ludwig)
preferred
ft
•
Bayway Terminal Cprp.
12-2
,
12-15
1-8
12M2C
********—
——*■
*
Iron
Bayuk
12- 3
12-3
1- 2
/
$1.50
-
1
12-22
1^ .3
12-21
1-3
_
*
Manufacturing
12-
,
Of '
,**;
(s-a)
Corp.
(quar.)
Extra
12- 8
50c
/
12-15
3
1-
8%c
25c
$1.25
40c
$1.75
$1
12M>c
——
Extra
12- 8
1- 1
h*24
12-20
$1.
:•
Refractories, Inc. (quar.)
Body Co. (s-a)
12-24
$1.75
12-15
12-20
50c
(s-a)
—
12-20
$2-
-
;__*_—*_
12- 3
$1.50 1-15-49
(quar.)
(extra)—
Co.
Extra
12-20
$3
i-
Smelting ft Refining, com;
(quar.)**
1
12- 9
3
1-
$1
Mortgage Guaranty Co.
(quar.)
Oil
50c
(irreg.)
12-15
$1
(quar.)—*
preferred
50c
Extra
6%
7%
Barber
25c
(s-a).__
2
5%
*
(resumed)*
preferred
&
H.)
Common
25c
Co.
11-20
1-
$L
common
(W.
$3
Insurance
5
Barber-Ellis Co. of Canada,Ltd.—
Bates
(s-a)
1st preferred
American. Snuff
America,
Barber
Sanitary—
^
11-20
12-
$1
Batavia
(quar.)__
12-16
12-15
Steel—
Extra
'
1*
Service Co.,
7%
7
*
'
12-15
12- 6
$1
pfd.
,12-31
12-
■
Bond
50c
Reserve
Amer:
12- €
12-21
$1
(quar.)
1-5
1-3
37MiC
Standard
5
12-20
•
preferred
Bank Building & Equipment
37M2c
preferred (annual)
$3 class A (annual)
12-16
12-
Bankers
1-15
_*
5
1-
12-22
*
Extra.
1-5
12-15
12-15
$3
12-15
12-16
•
la-1
1-15
Corp.—
(accum.)
1-
11-30
25c
25c
25c
25c
37MiC
50c
25c
30c
preferred (quar.)
$1.75
10c
_*!
Republics Corp.
—*_i
American
3
12- 1
12-I8
4%
_U-18
50c
_*^
American
12-15
1- 2
.
25c
12Mac
12-
12-15
$3
Special
Extra
12-10
12-15
$25C
(quar.)
3
$1
1
12-20
12-15
Bangor Hydro-Electric, common (quar.)*.
7% preferred (quar.).
25c
*
2-1*
12- 1;
Works——*—
preferred
convertible
12-21
12-15
*
,
1
12-22
Bancroft
(Joseph) ft Sons (quar.)
Bangor ft Aroostook RR., $5 pfd. (quar,.)
$1
$1
pfd. < quar.)__
(year-end)
Common
12-1
1-
ft
non-cum.
7%
1- 3
12-10
12-11
1%
(accum.)
"
4%
12-10
1-15
12-22
12-
U 2
*_
6%
11-15
12-15
11-22
InC/—
Locomotive
12-23
11-15
12-13
11-22
(quar.)
*
Company,
12- 4
1-15
Baltimore ft Ohio RR.—
12-31
12-30
(quar.)__
American President Lines 5%
American
(quarjl*!!!!
Co.
Apierican Radiator
11-20
1-
1-15
25c
25c
$1.75
B
$6 preferred
1
12-15
$$1.25
Aetna Ball ft Roller Bearing com;
(year-end).
5% conv. preferred, (quar.)
/
12-
3
$62MrC
Z
Casualty' ft Surety
JBxtra
3
1-
97mic
(year-end)
pfd.
—
Baldwin
12-14
.
2-1
—;
Baldwin
if
50c
(quar.)
Paper Mills,
•
1-28
12-31
12-13
56M4C
tl5c
(quar.)—
Extra
'
*
Inc.
'
2-1
12- 1
(year-end)
(Hartford) (quar.)
Corp. (irreg.) **—***
Baltimore porcelain
American Power ft Light $5 pfd.
Ltd.—
Manufacturing Co. (quar.)!
.Addressograph-Multigraph Corp. (quar.)
.
1-
12-1
12- 9°
12- 9'
$1
Optical
(quar.)
(quar.)
$4 preferred A (quar.)_
Class
7
$3
*
D.)
.Advance Aluminum -Castings
Extra.
12-
$37Mcc
$6
preferred
*2.50
3
12-17
1-1
1-1
(bi-monthly) __*_/__*_*
Class A
Holder*
35c
.
pfd. Ts-a)"I
ft Paper Co., Ltd.—
&
1-
20%
35c
$1.75
*
American Phenolic Corp.
American Potash ft Chemical
Payable of Rec.
65c
12- 1
12-6
T.),
11-21
2
3-
tl2Mic
10c
15c
30c
***—
dividend
Badger
12-15
.
Paper Goods,
(quar.)
Wilcox Co.
&
11-21
12-15
Co.
.
Stock
1
12-15
__—
American
preceding table,
When
Co.
12-
75c
_*___—
common*
Co.*.
News
Extra
12-15
.
Metals
&
(B.
Extra
12-21
■
12-15
.
*-*
Products, Inc., 4 %
Collieries (quar.)T
Babbitt
-^-21
12-15
Ltd., common.
/*.
Allied
Babcock
12- 6
12-27
25c.
$1
93%c
40c
,
Manufacturing
(B. F.) ft Sons, common (quar.)—_
preferred
quar.)*
*"_*.
—*
Ayshire
Foundry
(quar.)
Co., Ltd.
Metal
American
week, these being given in the
Per
$3
(quar.)*
:
The list does not include divi¬
Name of Company
60c
American National Finance Corp., common.*
$6
preferred
(s-a)
give the dividends announced in previous
weeks and not yet paid.
10c
•
12- 6
37Mac
,
*
Washer
11-29
12-27
$i
$2.50
50c
,
.
1
Alarm
11-29'
12-15
Co.—
class B
1-3
12-22
12-14
12-20
1-3
1- 4
12-15
Avon
3>
$1
,
Automobile Insurance Co.
25c
11-15
12-20
Steam
(quar.)
12-20
75c
Maize-Products;
A
1- 3
6%
12- 4
12-15
.
(quar.)
50c
Avco
12-16
3
1-2
$2
Extra
___*.___*__T*__*_
American Machine
preferred
$1.50
25c
75c
Fomitc—
ft
A
Automatic
Avery
1-
.
—
Engine
12-3
Co., common**.
(quar.)*.***
Machine
Series
Automatic Fire
12-20
12- 3
12- 1
12- 8
12-14»
12-10
11-12
12-16
•
common*
__j.
11-30
(Initial)
(s-a)
preferred
12-15
—
12-16
12-16
$1.50
$2.50
.-
(quar.)—*—
B. (quar.)—
'1- 3
._**
preferred
France
preferred
3.90%
12-13
12-22
T/r
prior
•
preferred A
Auto Fabric Products,
2- 9
3-15
t
3
1- 3
1-
$1.68
$1.44
—**—***—«
convertible
Class
12- i
12-10
30c
Indies
Auto Elebtric Service Co.,
Class A-(quar.)_*
''■//'
12- 1
12-10
Conn..
Railroad,
West
$1.25
Locomotive
American
dends announced
—*****
Assurance Co.
dividend
American
1-20
12-22
$37M!C
*
American La
12-20
2-1
$1
(quar.)
12-15
'
-
12-3
12-15
12-15
$2
of
$1.18%
.prior pfd., (s-a)*
1-
12-28
'
20c
Convertible
Conv.
;
_rr*.
'
for
Co.
Atlas Corp. (quar.).
Atlas Imperial Diesel
V
3-15 / 2- 0
,-v
12-10
12-21
12-15
(quar.).
■Extra
2-9
11-15'
12-10
2
1-1-49
RR
Ship
Lines, common (reduced)—*.—*******
5% non-cum. preferred (s-a)___———
Atlantic Refining, common (quar.) —_*—r*
^'•
u
,
Corp. (quar.)
Steamship ■*_.
Home Fire
1-
25c
II!"!""
'•
,
f
Common
12-10
50c
I—11!~
****1*111111111
(quar.)
6%
.
ft
11-10
3-15
25c
(monthlyi.*
American Ice Co., common (year-end)
6%
non-cum.
preferred (irreg.).
American
Insulator
Corp. of Delaware—
3-17
50c
*___,
preferred
1
25c
_*__**
(quar,),
Hardware
American-Hawaiian
12-15
$1
15c
~
common
12-22
12-15
25c
1*.
1*
5%
•
1-10
3c
*
Zellers, Ltd.
3
3
(quar.)
12-15
*
,
1-14
1-
1-1-49
—
Point
Electric
Gulf
'3.75%
1/100 of -a
preferred'(quar.)
2nd
American
City
Line
4%
:*
_—*.—*
(Increased (quar.)
(s-a)
We'it
ft
Atlantic Coast
11-10
"12-15
—
12-15.
30c
30c
62Mac
***_*_***_-_*____
Line
*
12-13
Telegraph—
&
(quar.)
.Atlantic Coast
11-10
12-29
12-
.■
preferred
Atlantic
for
Co.
Co.
Telephone
Common
5%
9-15
ii-30
$60c
.*__
Atlanta
1
12- 3
preferred (accum.)__**_———_
6%
preferred (accum.)*
Atchison Topeka ft Santa Fe Ry.—
12-10
12- 2
11-30
11-30
12-31
12-22
12-15
25c
American Home Products
4-
Associated
50c
30o
30c
$1.12Mi
25c
(quar.)
Felt, common (year-end)*
12-15
$1.25
Corrugating Co.
Common
ft
1-
3
;1
preferred
preferred
American
50c
Extra
12- 1
of
1/100
held
12-31
3
1-
**1111111
(quar.)
(accum.)**
share
dividend
1-15
12-
1-
.„—**_*„_.
Year-end
12-18
1
$1.25
*
12- 1
a
common
City Electric
12-10
$1.50
*
pref.
4%%
stock
Investment
12- 1
1- 3
12rl5 ■>1-3
12-15
12-15
1-13
1- 6.
1
12-15
$15c
Oil ft Refining, common (quar.)—
convertible preferred
(quar.)
1-3
* •
_
held—_———_*
share
$20c
common—
Co.
B
Associates
12- 1
6-15;
7-
10-
12-21
Hardware Co., Ltd.—
(quar.)
(irreg.)
A
Class
1- 3
!*
of
*
Atlantic
American Hair
$8
—.
Year-end
York
8
each
of
each
12-15
$1.50
Corp. (quar.)
Machine common*
Sewing
12-
12-20
1-
Electric
extra
'share
12-17
3
Class
12-15
3-15
(J. H.)
Atlantic
dividend
50c
*!!
Cable
prior
1-
$2.62Ma
III!_!!Z
Special
$2
1
12-27
45c
stock
City
for
Common
('12-17
12-13
90c
62 Mac
a
White
1-
12- 1
18 6/lOc
quarterly cash dividend
Common
(stock
dividend)
2/100
of
a 1
share of Atlantic City Electric Co. common
12-27
$1.75
12-15
12- 1
12-15
.
.
50c
12-31
12-15
Common
12-13
62 Mac
Ashdown
4-1
12-21
;**
7%
Inc.-*—*—-—*
each share held
12-13
12-24
Growers,
extra
Atlantic
11-30
50C
12- 1
i
12-15
|40c
,_**_:*__***_-*_*__*
____*1
50c
*******
quarterly cash dividend
(stock dividend)
2/100
Common
11-30
$1.75
12-15
share of Atlantic City Electric Co. com¬
mon for each share held**—***
:**:;..
12-24
12-31
12-18
:
.Westgate-Greenland Oil
Weyenberg Shoe Manufacturing Co.
Whitaker
5
:
(s-a)
preferred
Common
Common
5
12-
Corp., Ltd.
Extra '
American Gas ft Electric Co.-—
(stock dividend)—
preferred (s-a)
Western Tablet & Stationery,
.
12-
Fruit
——
*
Asbestos
87MiC
*
Export Lines, Inc
American
—
11-12
12-
2
1-
$1.25
25c
15c
50c
$1.12M2
$1.50
$1.40
$1
93%c
25c.
25c
59%c
12M2C
7M2C
3%
t30c-
*
12-13
12-15
$1.25
._***__*;—**
Artloom
$1.25
12- 1.
12-15
25c
$1.25
$1.25
12- 3
12- 1
37MiC
,
12-23
200%
(quar.)
12- 3
;
American Factors,
Ltd
*****
American Fork ft Hoe Co., com. (year-end)
4 Yi %
preferred
(quar.)
12-15
1
12-15
12-15
15c
5%
5%
U
7
$1
(quar.)**
ft Seashore RR. (s-a)__
Y. ft Pennsylvania Ry.—
N:
12-16
12-
75c
Ltd.
Common
1-12
1
l-1 2
$1.12 Ma
*
______
Western
2-
/
common
(quar.)
30c
—
American
12-15
12-15
12-17
**_*_.
.
12-29
12-29
$2
(year-endt— **_.
preferred (quar.)
,!**__.
Wacker Corp., 6% preferred B_***__
*
Wagner Baking Corp., common (year-end).
7%
preferred - (quar.)_
*.:*_l.,_*
Waialua Agricultural Co., Ltd, (year-end)
Walker & Company, class A——
Walworth Company
(year-end)*.*
Walt Disney Productions—
6% conv. preferred (accum.)
Washington Oil Co.
(quar.) *******
Waterous,
12-17
12-29
70c
12-18
11-12?
$1.50
'30c
convertible'preferred A (quar.)****
American District Telegraph Co. (N. J.)—
Quarterly **—.**.*_**
American Encaustic Tiling Co., Inc.—
1
12-15
Mfg.
$1.20
12-
12-' 1
50c
—
12-15
•
12-15
11-12
Constable
Ashland
12-20;.
12-20.
1-3
.
v
1
12-23
12-15
—
—
.1-3
12-15
12-15
—*
12- 1
$1
$3
50c
.
•
50c
(quar.)___li
-
Year-end
7%
West Jersey
preferred (quar.)*
Colortype Co.
12-
12-15
.
25c
$1.75
—
$1
American
1- 5
-
12-15
|c
37MiC.
12- 3.
1-20
i 10c
3
i-21
12-7
12-15
f20c
.
.
preferred (quar.).
Corp, (quar.)**
—
Co., 0% conv. pfd. (quar.)**
Carpet Co. (stock dividend), ——
*
12-
.
12-20
$1.25
$1.25
(quar.)*
12-10;
.
01.60 1-31-49
12-22
$L
12-15
._*^**_
;
(quar.)
—
(quar.)
convertible
Artrraft
12- 6
12-23
50c-
*—-*;
(s-a)
B
4%%
——-_*——*—***—*— -
Special
Class
12- 41
1- 5
1-15
$1.25
12-21
$2
12M2C ,12-22
preferred
Arnold
3 Mi %
ylchek tool Co., common
o
12- 1*
12-3
12-22
(quar.)
(initial)
cppimon
12-15
12-15
12-14
1-
30c
—,
$1.75
35c
5
1-5
,
notes:
Foundry Co.—
preferred (quar.)
*****
com.
(quar.)**
American
6%
1-11
'
10-year
ft
12-28
(quar.)——
preferred
Southern
11-24
12-16*
Extra
12-20
25c
Sugar Co.—
12-15
1-3
preferred (quar.) *********
Cigarette ft Cigar, com.
1
75c
„_*„*„*_*,.
$1
$1.75
12-18
,
(quar.)
Co., $6 conv. preferred (quar.)
Armstrong Cork Co., common (year-end)—
$4 preferred
(quar.)
$3.75 preferred
(quar.)
Armstrong Rubber Co., class A (quar.)
**_:.—
12-11
—,1——10c
dividend
Mi %
1- 5
50c
__.
Hotel
Extra '
4
12-13
(year-end)^
12-31*
Armour &
1-15
common
12- it
*1-14
(quar.)
12-23
(quar.)
12-15
2-
$1
$1.75
,'10c
20c
*__*j,_
50c
Co.,
1-17
preferred (quar.).—
preferred (quar.)
25c
American
1
37 Mac
—,
Utah
Can
non-cum.
3
62MaC
iS'A
preferred (quar.)—
I:.**/
Upressit Metal Cap, 8%, preferred < accum. j
Upson Company, 4 Mi % preferred (quar.)
12-13
—
Cyanamid Co.—
Common (increased quar.)
quar.)———
12-23
50c
-
—
American Chain ft Cable
2-
20c
*,
12-20
1- 5
-
12- 1*
Arkansas Natural Gas, 6% preferred
Armco Steel Corp., common
12-20
1-2
1-15
.
1-17
12-15
$5 preferred (quar.)—*______
Arkansas-Missouri Power
(quar.)
12-20
1- 2
******
*
American Car
2-
..
IOC
—
1-2
25c
12-15
1
12-15
(cash dividend)
preferred
$5
12-10
2-
1
(quar.)
Arizona Edison Co.
12-20
1-2
25c
*
:
preferred
1-
$1
15c
—
Co,—
1- 3
12-15
1- 2
1
$2.25
25c
*****
—
American
,
Extra
,75c
35c
25c
*.«**_
(quar.)
Year-end
12-20
$1
—
Universal-Cyclops. Steel
(quar.)
Class B
12-15
12-28
12-15
—
Universal
12-6°
12- 1
12-20
$5
11-30*
2
1-7
Mills-
Cotton
Stock
12-20
1-14
1-
12-22
*——
preferred
$5
(year-end)*—.**—
common
Year-end
5
22MaC
135c
Machinery, common (quar.)_.
6%
preferred
—a
.*
U S Cold Storage Corp.—
$2 prior pfd, partic. conv. (quar.)
Participating
„u*w.***.
United Stockyards Corp.—
70c
conv.
preferred
(quar,)—**_ 1
United Stores Corp., $4.20 2nd pfd, (irreg.
,
1-
62M?c
Shoe
12- 6*
12- 6*
preferred (s-a)—*
American Bosch Corp. class A__,
12-20
———
1- 3
12-28
12-15
.1- 3
75c
(quar.),
Extra
12-20
60c
Extra
12-17
12-23
(quar.).
1-14
12-1
12-15/
3
1-15
12-21
Corp,
Argo Oil Corp.
25c
B
6%
„40c
(quar.).**
Bembcrg,
*-,
Arts
Common
(quar.)*
common
.■
Arcade
*
12-28
.*
Extra
United
12-15
31MiC
(quar,)-—--—
(quar.)—
Co.,
Extra-
25c
4 Mi %
1-17
—
Tool
3
50C
(quar.)
,
Drill
1-
20c
6% conv. preferred (accum.i
(irreg.)—
———i—.
Underwriters Trust Co. of N, Y. (spec.al).
Class
12-15
25C
Tropic-Aire,
Trunz; Inc.
United
12-15
3
12-8
:
Applied
r
1
preferred
Class
12-15
3
Y.)—
(N.
Extra
12-15
—
Products
Trico
2
1-
12-22
10c
Note
12-20
3
——r,
$1.25 pfd,
Bank
12-28
1-
12-3
11-22
12-?15,
12-17
1-
$1.50
Apex Electrical Mfg. Co., com. .(increased) _ /
7%
preferred (quar.)*
Apex Smelting Co. (quar.)__«**—_*_***—*,,.,
1-13*
12- 6*
.12-13
$1.25
$1
$1.50
Co., common (quar.)*—
$4 convertible prior preferred, (quar.)
7% preferred (quar.)
Ampco Metal, Inc. (quar.).
Arnra
Corp.
(incieased):
*—_*___i_il—
Anaconda Copper Mining (year-end) ____—
Anaconda Wire ft Cable (year-end)
!—..
Anchor Post Products, common (quar.)****
8% prior preferred (quar.)—
Andes Copper Mining (year-end)
Audio n National Corp., Ltd
Anglo Huronian, Ltd. (s-a)
Angostura-Wuppermann
—
Year-End
6%
Co.
*
American Barge Llhe Co.
1-
12-27"
,12-15
1- 2
1-3
t.
85c
1
*
American
8
1-27
(s-a)*.————.
Year-end
Treesweet Products Co.,
Extra
*
American
$$1.25
.
—-i*—_—****.
—
Quarterly
12-
50C
Co.
(quar.)
Torrington Manufacturing
Insurance
12-
$ 15c
——
,****__**
Alliance
12-11
J 15c
***_*__•,—
Mortgage
American
12-20
$15c
25c
—
12-15
$25c
,
.
—
12- 3
1- 3..
.*
:*_*_^—I——
:
(quar.)
Woolen
American
2-2
12-2*
12- 2*
.12-, 3.
___*__i_"--*_"—'.J
preferred
American Vitrified Products Co. pfd.
12-10
3-1
12-20
12-20
1-31
125c
40c
t
u—*,?
*
—
12-24
tl5c
1- 1
,
1- 3
,
.
(increased)
11-30
-1-3.
,,,
Extra
5%
;
■,
J..
;**
$1
——
93%c
—
«
*
$2
(quar.)———-i—,
Ltd., common-,—
Extra
12-20
12-28
1-20
12-22
.
4
6
12-10
12-10
12- 1
12- 1
12-20
12-20
12- 3
12-15
12-15
12-10
12-14
12-20
12- 2*
11-30
12-15,
•„
^
—-
*
American Viscose Corp., common
12-1
$1.50
25c
75c
4uc
-
(quer,)
25C
Works,
Iron
Toronto
12-
(quar.)
Canada, Ltd.—
of
25c
.-*-
Temple Coal $6 conv. pfd, (accum.)—.
Alabama & Georgia By. Co,*--.
Texas ft Pacific Ry.
Tennessee,
Thrift
12-14
12-24
>12-15
American
American
12-28
1- 1
12-22
12-15
1-1
1- 3
12-17
12-22
1-2.
37MiC
$1.06M«
80c
$1.12Mi
$3
2M2C,
15c
50c
• 62Mac
(quar.)
(quar.).*—*
,
American
12-15
$1
(resumed)—.—
Co,
Ltd. (special)
—*^*j**
175c
Aluminum Industries, Inc, (quar.)*.——,—15$
Amalgamated Leather, 6% preferred (quar.)
75c
Amalgamated Sugar Co. (quar.)
^.***_*—12 Mac
American Agricultural Chemical Co
>
75c
12-14
12-24
50c
American
Aluminium,
12-17
1-
50c
——**_*,.,.
3
12-17
$1.12
„*.
(quar,)—-
1-
12-29
10c
Chemical Corp, com—
Sun
12-15
1-
4-
12-31
25c
56C
,
(quar.).
12-10
,
•
(quar.)
Aluminum Goods Manufacturing
12-28
—*
—
4 Mz 'k'
Stix-Baer ft Puller Co.,
Co;
preferred
12-24
12-15
Sdlmon
common
preferred
15c
—
American
Aluminum Co. of America
Aluminum
12-17
-
Inc.,
preferred
20c
fteel Products Truck Co. Inc. (reduced)-t,—
terling Motor Engineering Co.—
12- 4
12- 4
12- 1
$4
,
——
60c
12-24
12-24
12-24
1- 3
50c
Pacific
$3.75
1
3-
American
$1.05
Alleghany-Ludlum Steel, common (year-end)
$4.50
preferred (quar.)
——
Allegheny, ft Western Ry. Co., guar. (s-a)_
Allen Electric ft Equipment Co
Allen Industries, Inc.*
AlHanceware Co., common*
:.—;
—
$2.50 convertible preferred, (quar.)—
Allied Chemical & Dye Corp, (quar.)
:—
Allied Laboratories, Inc. (quar.)
*
Allied Stores Corp.; common (quar.)
:*—
Allis-Chalmers Mfg., common (quar.)
——-
40c
12-15
$4
Power Co.,
Alden's,
12-22
12-17
5c
1- 3
*
Co,
Stores
American
4.20% pfd. (quae.)
Alan Wood Steel Co. (see Wood (Alan) Co.)
5%
(quar.)——.—
,—
Southwest Natural Gas com.
7
,35c
—,i.. 35c
Sugar Refining; 7% pfd. (quar.)**
$1.75,
Sumatra Tobacco
(quar.)—
50c(
Surety Co, (N. Y.) (s-a)
1**—,
$1.25.
Telephone ft Telegraph (quar.) »*_,
02.25
Thread Co. 5% pfd. (s-a)
12MiC
Tobacco Co., 6%. pfd. (quar.)****
$1.50
Turf Association, (year-end)_-*__
' ,'$1.50.
American
75c
Co.
*
Mills
Alabama
2-
5c
Co. (quar.)
preferred (quar.)
$1.60
2-
120c
Extra
12-15
s
50c
$1.25
preferred
participating
6%
120c
12-24
Fay dbfeofRec:
60c
Extra
12-15
12-31
.
' Share
.
(increased)
Steel Foundries
American
Botderi
When
Per
.
T
Nameof Company
12- 3
12- 3
11-27
1- 3
1- 3
50c
50c
25c
1
(Watertown,
5%
12-22
1-3
31»/4C
*.
(quar,)—.
(quar.)
Smith (L. C.) ft Corona Typewriters, Inc—
Smith, Kline & French Laboratories (Pa.)**
Society Brand Clothes, Inc. (quar.)**
Solvay American Corp, 4% pfd, (quar.)..—
South Pittsburgh Water 4Mi% pfd. (quar.)—
South Porto Bico Sugar Co. (liquidating) —
Southern Bleachery ft Print Works— Oil
Sinclair
$6
preferred
(quar.)
Agricultural
Insurance
N. Y.) (quar.)**
Engineering Co., common**.
Alabama Great Southern RR. ordinary
,
7>
12-17
■
(quar.)——
preferred
conv.
Sheiwin-Williams
Standard
.
Payable of Rec.
Share
(increased)
1
Aetna
25c
'»
""
Co.
*
12-17
—
Sheraton
*^
12-31
50c
(quar,)
Extra
1
1-
40c
50e
Extra
Company
Life Insurance
Aetna
12-10
(quar,)
Gas
&
10c
——
——
•
Name of
Payable of Rec.
Share
.Name of Company
Shalcr Co., class B (quar.)
Holder*
When
Per
Bolder*
When
Per
Extra
Monday;, Det^^Br--43, i 1948
FINANCIAL CHRONICLE
THE COMMERCIAL &
(2476)
.
1-
4r,l.
7^2
1- 3
1
3-10
6-10
12-10
4- 4.
3-10
7-2
6-10
Volume 168
When
Per
Share
Name of Company
Beatty
Beau
Brummell
Beech
Creek
Beech-Nut
Inc
Ties,
Co.
RR.
Packing
Ltd.,
12-27
11-29
California
Water
1-3-49
11-30
Calumet
3
11-30
1-
1-3- 49
t$1.75
Co.
3
1-
3
12-14
—
Corp., $6 preferred
Benjamin Franklin Hotel
Cement
Crushed
1-15
12-15
Canada
12-29
12-10
12-15
—
1-14
1-31
12-
1*
4%
Bethlehem
Bibb
Steel
Manufacturing
pfd. (quar.)—
(quar.)
7%
Corp.,
Co.
"
Flooring,
Hotel
Co._,_
Decker
(E.
Bloch
Bohack
(H. C.)
Bohack
Bond
Stores
&
pfd.
12-17
Canadian
Breweries,
Canadian
Bronze
New
12-
3
12-
3
12-14
11-15
12-23
2-
1
1-12
12-17
12-
8
12-15
12-
1
1-
3
12-15
12-
12-15
1-
3
1
12-15
*:
6
Extra
fc
Inc.,
Bristol
British-American
Common
33/i%
12-
1
1-
1
12-20
Class
1-
1
12-20
12-20
12-10
-
1
Canadian
12-24
12-11
12-24
12-11
12-31
12-16
12-23
12-10
12-15
11-29
12-15
11-29
3
12-15
1-
30c
50c
30c
1-3
12-15
12-15
11-30
1-15
93%C
1
3
(quar.)—
J25c
1-
3
12-
7
$0.234375
—
1-
3
12-
7
f$l
1-
3
12-30
Electric Ry.
Columbia
prior
1-15
12-31
Ltd.—
2%%
.—
Forest
Products, Ltd.—
Power
Columbia
British
——
Co.,
(s-a)
pref.
Corp.,
A
.
A
(quar.)
1
1-29
1-15
12-31
50C
r12-23
12-23
Ltd.—
—
Motor
Brockway
2-
140c
.
—
Columbia
Class
U5C
26c
Class
British
*
Co
,—
,12-8
"
Brooke
(E.
Extra
'
&
Brown
Durrell
——
Bigelow,
common
Co.,
<••'4%
junior
Bruce
Distillers,
L.)
(E.
Co.—
—
-
—
12-13
11-22
$1.50
1-
3
12-15
Central
20c
1-
2
12-10
Extra
2
12-10
1-31
1-14
12-31
11-15
12-15
11-15
$1.50
12-15
1-
2
12-
1
12-20
12-15
12-23
12-10
15c
4V2%
$$1.50
$$1.50
preferred
12-17
Cessna
12-14
Chamberlin
Co.
1-
6
12-17
Champion Paper & Fiber,
1-
3
12-17*
Chapman
15c
12-20
25c
12-20
U5c
(quar.)
1-
3
1-
12-17*
12-10
12-10
12-10
11-27
pfd. (accum.)
(quar.)—
$1.75
1-
3
12-15
20c
1-
3
Chase
Candy
3
Co.,
preferred
5%
Bank
B
—
12-17*
(resumed)
.
Hosiery, Ltd. .(s-a)
Company,
—
common
—
non
1
25c
12-20
12-
3
t35c
12-15
11-15
12-15
11-15
12-23
12-
6
25c
12-23
1212-
7
12-
7
(s-a)
pating,
the
common
shares
will
B
common
stock
shares
lieu
at
of
C.
I.
a
T.
the
share
be
issued,
stockholders
thereof
cash
will
rate
of
Financial
of
s?Jd
31c
class
B
a
6/100
California
California
5%%
S3
Cotton
Mills
Electric Power,
(N.
Co.
preferred
preferred
(quar.)_:
12-
6
12-23
12-
6
12-30
12-16
12-30
12-16
12-
1-
2
$2
12-18
50c
12-23
80c
$1.75
1-
2
1-
2
1-
12-10
12-11
3
12-
3
12-20
12-
6
12-17
12-
3
12-17
12-
1- 3
12-31
12-17
12-10
12-21
12-
3
12-21
12-
3
1-15
I-
75c
12-20
12-10
12-18
12-
12-18
12-
12-14
12-
15c
12-15
12-
12-15
1212-10
12-20
12-10
1-1-49
12-17
12-
12-15
12-
1
50c
12-15
12-
1
$1.12%
1-
8
2
II-22
12-15
12-22
12-
8
12-22
12-
8
25c
1-
2
12-20
1-
2
12-20
45c
1-
3
12-15
12-20
12-
8
5c
12-20
12-
87% c
2-
1
1-13
$2
1-10
11-29
11-29
121-
7
12-30
1-
5
$2
12-31
12-10
12-31
50c
12-28
12-14
1-
12-14
3
12-14
25C
(quar.)
12-15
11-27
75C
12-30
12-10
12-30
12-10
$1.25
12-31
12-10
25c
12-15
12-
Chiids
75c
1-
2
7
12-10*
12-17
11-26
12-15
Chile
1-
Company,
7%
1
12-15
Cincinnati'Gas
1-
1
12-15
75C
2-
1
1-14
4%
preferred
(quar.)
—
(year-end)—
Electric
(quar.)
12-1
12-
1
25c
1-14-49
12-
8
25c
4-15-49
3-
8
7-15-49
6-
8
10-14-49
9-
8
$1.37%
12-31
12-11
75c
12-21
12-
12-13
12-
$71.70
12-15
11-22
3
12-20
12-14
11-15
$1.75
$1
(quar.)
&
12-15
12-13
20c
$5.50 preferred
(year-end)
(special)
Securities, common
$2
$1.75
25c
preferred (quar.)—
Corp.
3
25c
Chilton Company
Chrysler
27c
75c
Copper Co.
Christiana
11-19
62c
'
1-
7
3
Increased
$1
1-
3
1
2
12-23
12-20
12 20
D.
12-24
11-30
12-15
12-
1
25c
12-15
12-
1
12-31
12-21
12-31
12-21
C.)—
$4
12-24
$5c
1-15
12-31
tlOc
1-15
12-31
90c
12-31
12-
7
90C
12-31
12-
7
25c
12-20
12-
6
37%C
12-21
12-
2
15c
Co
12-15
11-30
-a
common....
—
quar.)
(quar.)
& Stamping Co.—
quarterly
(quar.)——.—
Corp.
Life
Insurance
Co.
12-
2
(Ky.)—
1
Commonwealth
$6
—
Solvents
Commonwealth
Southern—
&
preferred
1-
3
12-10
50c
12-15
11-24
12 %C
12-20
12-10
10C
12-20
12-10
25c
12-15
12-
t$1.50
12-15
12-10
$1.50
(accum.)
Community Public Service—
Compo Shoe Machinery (quar.)_
—
'
Extra
Conde
___■
Publications
Nash
(quar.)
Confederation Life Association (Toronto)—
Quarterly
—i.
3
12-15
12-
12-15
12-1
10c
1
(quar.)
Inc.
37 %C
75C
Congoleum-Nairn,
12-15
12-
1
2
12-
3
12-15
12-
1
1
Connecticut Investment Management Corp.—
Semi-annual
$1.40 pfd.
$1
Chemical
A
(extra)
B
$5
12-15
11-30
$1.50
—.—
'
Common
11-30
$1.50
Coppermines Corp.—__________:
Securities,
Diversified Standard
$2.50
1-
Inc.—
(extra)
preference
class
Common
$1.05
(accum.)
Industries,
A
partic.
$1
(year-end)
Light & Power
Consolidated
!li
'
•
15c
12-
3
if-
t$i
N.
of
12-24
40c
Co.
Edison
1-30
25c
non-cum.
11-12
Y.—
(quar.)
$1.25
—
(quar.)
Engineering Corp.
1-
10c
12-
6
5c
preferred (quar.)__—
Consolidated
12-
6
7
Consolidated
Co.
Gas, Electric Light & Power
Baltimore, common (quar.)_^
of
preferred
preferred
Utilities
Gas
Grocers
12-15
12-31
12-10
12-31
12-15
$1.25
of
12-31
12-15
Africa—
Mfg.,
Ltd.
50C
12-17
11-19
(quar.)_
South
+50c
12-30
11-30
12-30
11-30-
150c
1-17
12-
4
175c
1-17
12-
4
1-
12-15
—
Consolidated
12-15
3
120c
Lithograph
Extra
12-15
3
1-
15c
(quar.)
common
3
1-
25c
(quar.).:
Corp.,
1-
$1
(quar.)
preferred (quar.)
Gold Fields
Consolidated
90c
$1.12%
(quar.)
B
C
Consolidated
Ltd.
Paper Corp.,
Extra
(s-a)
;
——.—
Consolidated Press, Ltd., class A
tl6y4c
(quar.)
(quar.)
1
11-30
12-10
$1.13
1-3-49
12-10
12-31
12-15
12-22
12-15
25C
12-27
12-10*
50c
—
(quar.)—
Co.
Assurance
Extra
Continental
12-15
1-3-49
30C
(quar.)
(quar.)
preferred
$4.52 preferred
62 %c
12-27
12-10*
Co.—
Power
$4.50
Continental
preferred
$2.50
Co.,
Consumers
$1.12%
30C
Consumers
Baking,
(quar.)
common
Extra
■
—
Can
1
(quar.)
Co.,
common
preferred
$3.75
(quar.)
Continental-Diamond
11-26*
12-15
11-26*
——\
93%C
Gin Co.. 4%%
Oil
Continental
Steel
Corp
preferred
prior
(quar.)"
12-20
12-
0
12-15
12-
1
12-20
12-28
12-14
12-14
75C
5%
Bit
Oil
Co.,
(s-a)
Co.
Ltd.,
Crane
Company,
Extra
$2.50
2%%
2c
,
125c
'
(quar.)
—
& Knowles Loom
Crown
6
(quar.)
12-
11-5
12-20
12-
2-
1
3
4
1-18
3
12-20
12-15
12
4
$1.40
12-24
12-
4
93 %c
12-15
12-
1
25c
12-24
3
12-10
1-2-49
12-24
1-
common
55C
12-24
12-14
25c
12-22
12-
50c
12-15
11-19*
IOC
(irreg.)
Corp.,
12-15
12-16
3
$1.50
Co.
(quar.)
Central Petroleum (resumed)
Cork & Seal Co., Inc., $2 pfd. (quar.)
Publishing
Drug Co.
Zellerbach
12-22
1-
Works
(quar.)
preferred
3
1-
40c
(quar.)
common
preferred
1-
125C
,
Crowell-Collier
Crown
12-20
12-
110c
Creameries of America, Inc.
Crompton
•Crown
12-15
25c
common
Crain
6%
1-15
50c
preference (s-a)
(R. L.), Ltd.
3%%
12-28
Corp.
&
Gulch
Cow
3
12-15
5
1-
$1.31%
(quar.)
Electric
Reynolds Corp.—
$1
dividend preferred
(quar.)
Cosden Petroleum Corp., 5% pfd. (accum.)Courtaulds, Ltd., ordinary (interim)
Craig
12-15*
12-
50c
$5.25 preferred A (quar.)_
Cornell Wood Products (extra)
Corroon
3
12-13
1-2-49
$1
;
——.
Cooper-Bessemer Corp., common
$3
1-
25c
$1.13
Co.
iquar.)
preferred (quar.)
75c
Cornell-Dubilier
1-
25c
Fibre
Continental
(Del.)
12-10*
12-15
$1.37%
—
(quar.)—,
±
1
25c
50c
preferred
$5.50
Continental
Crown
Co.—
;
1
1-
1
5-
25c
12-10
12-28
3
1-
2-
12-14
25c
7
$2.50
$1
1-
:
(Wash.,
Continental
75C
12-31
Commercial Shearing
8
series A (quar.)
Chicago South Shore & South Bend RR—.
Chicago Towel Co. com. (year-end)
7% preferred (quar. )
Chickasha Cotton Oil, common (quar.)
Common
(quar.)
12-
■
5%
12-20
$5c
(quar.)
(quar.)—
12-31
1
Co.—
(increased
Consolidated
Pacific RR., com.—
Common
(quar.)_,__.
Insurance
preferred
Consolidated
11-27
Common
3.60%
4%
25c
Special
5% preferred
6-1-49
12-
15c
& Iron
Credit
Common
4'%%
11-27
7
Commercial
8
12-15
12-
3-1-49
$1.50
Extra
12-
12-14
2
12-15
12-23
1
1-10
$1.50
preferred (annual).
Consolidated Dry Goods Co. (quar.')—
25C
$3.50
12-
...
Consolidated
12-23
40c
—
Island &
12-15
68 %C
(quar.)
Consolidated
$1
—
Rock
1
20c
3
10c
—
12-
87 %C
(quBr.
12-17
2%C
dividend
3
12-15
Consolidated Cement Corp.—
5%
Chicago
pfd.
:
Connecticut
50c
(quar.)
Extra
7
$2.75 pfd.
12-15
$1.10
i
Machine
$3.50
12-12
$1.12%
(quar.)
&
12-
12 %C
-
7
12-15
15c
$$1.75
.—-
Mines. Ltd
Chicago Rivet
12-
15c
(quar.)
12-23
12-15
(quar.).
Y.)
———
preferred
12-23
12-23
(quar.)
12-20
50c
5% preferred A
(quar.)
Extra
$3
$2.50
stock.
pfd.
1-10
25c
Dock & Canal Co. (extra)
Chicago & North Western Ry.—
Common (year-end)——,—
5% preferred series A
Chicago
Pneumatic Tool,
common..——_
Stock
$1
$2.50
12-15
50c
Chicago
7
of
(quar.)
1
1- 3
7
in
quef.)_
1-
12-20
12-
of
Calaveras Land & Timber
1
9
12-20
12-
receive
will
for
(increased
Corp.
but
12-
75c
12-23
Hat Corp of America on each 100 shares
of
the
combined
holdings held.
No
fractional
12-13
12-
75c
12-23
class A common and the
be paid at the rate of six
class
of
12-10
12-21
50c
$1.50
dividend
stock
12-20
Chesebrough Mfg. Co. (quar.)
10c
preferred
ciass A (s-a)—:
participating preferred (s-a)
on
the class A partici¬
cum.
12-23
1- 3
12-21
93 3/4 c
-
(quar.)—
Rivet Co.
Extra
6
12-23
10c
A
participating
$7
12-
10c
—
Participating
non-cum
participating
$5
12-15
25c
—
Extra
common—
$1.75
tl5c
A
12'/2C
(quar.).,
Chesterville
$3
12-15
$1.12'/a
12-17*
Class
1
15c
12-17*
M.)
1-
15c
3
Corp.,
$50c
1
25c
3
(A.
12-
iquar.)
1-
Byrndun
3
12'/2C
1-
Byers
1-
50c
31 %c
(initial quar.).,
iquar.)—
7% preferred (quar.) —
Zinc
$37'/2c
Co
Trust
&
12-29
(quar.)
B
Engineering
Consolidated
31V4C
Copper &
12-10
Ltd.,
preferred
Butterfly
12-10
2
12-1
12-15
quarterly basis).
a
Alcohols, Ltd.,
preferred (quar.)
8%
12-10
2
1-
,
initial series preferred
Butte
2
1-
40c
5%
Co.,
1-
(quar.)
5%
Water
$$2
25c
Chesapeake & Ohio Ry., common (quar.)—_
3j/2% convertible preferred (quar.)———
Butler
11-25
12-17*
1-
7%
Co., common
B
12-15
20c
(quar.)
.12-15
14c
20c
$15c
$35c
$4.50 pfd.
$15
1
62 %c
Commercial
7
50c
'
6
Extra
Combustion
—
Cherry
3
12-15
12-15
12-15
50c
Mfg.
Valve
Extra
Chemical
tile
3
12-
65c
—
12-
Semi-annual
12-21
r
—
12-10
45c partic. class A
1-
12-15
1-1-49
(irreg.)
12-
1
12-15
20c
Co.,
Title
$20c
—
Company of Amer.
Extra
3
3
3
1
1212-
50c
(s-a)
Co., common
Commercial
(quar.)
1-
1-
1-
2%
Aircraft
3
9
1
$$1.50
—
prior
12-30
1-
12-
$1.25
common
12-
12-15
Ltd
12-17
25c
Products,
12-15
12-15
Co.—
Quarterly
;
12-11
Columbia Baking Co., common (special)
50c partic. preferred (special)
75c
■
Extra
12-20
12-31
12-20
12 %c
Mines,
12-31
(quar.)—
Extra
Certain-teed
3
(quar.)
Ice
12-10
3
*$1
—
Radio
12-24
$1.50
.J—
Co.-, common tquar.)r_-_r-^_-
preferred
12-16
$3
(now on
$6
3
3
1-
1
common
Gold
Wilans
Common
Collins
1-
1-
25c
1-15
$37'/2c
(quar.)
-1.50
!
Colorado Fuel
•35c
Ribbon Mills
12-10
Electric—
12-15
dividend
Stock
12-27
$1
$S7
—;
12-
$1.75
1
(quar.)_
(quar.)
Co.
12-17
12-15
$1
Common
2
12-10
12-31
30c
(year-end)
1-
(quar.)
Special
Electric
1-1-49
12 J/2c
20c
12-
25C
Century
3
12-15
$1
$20c
Light & Power, com, (quar.)—
& Wire Co., 6% pfd. (quar.).
3'
12-
12-3
1
11-30
——
Steel
12-
12-15
12-15
(quar.)
$$2
——
12-20
25c
———
Colgate-Palmolivc--Peet Co.,
Colonial
—
3
$1.12%
Co.
(quar.)'.
3
$$1.25
pfd.
1-
Co.—
1-
—
Corp.
50c
l-.l
$$1.12 Vi
(accum.)..
Investment
Central
11-19
45C
7
1
12-21
(s-a)
preferred
Columbia
(quar.)
preferred
Central Ohio
12-27
12-15
12-
11-30
—„—_
Public Service—V
preferred
12-15
5%
11-30
Central Illinois Securities Corp.—
12-15
1-
3
1
1
(quar.)
Ltd.,——.—
Light,
Illinois
90c
111-
11-29
3
J
Foil
11-29
$1.12 %
(quar.)
Special
Ltd.—
-—.—,.^..4..*.—---'
4V2% pfd. (quar,)—
Extra
Central
•
3
$183/4C
(quar.)—«
(quar.)
Carolina Telephone & Telegraph (quar.)
Carriers & General Corp. (year-end)
Case (J. I.) Company, common
(year-end)_
7%
preferred (quar.)
——
Cassidy's, Ltd., 7% preferred (quar.;
Catalin Corp. of America (.year-end)
Central Cold Storage (interim)—
4%
1-
A
12-15
1-
(quar.)_
common
(s-a)—
Cockshutt Plow
preferred
1st
3
50c
—
(quar.)—
Bldgs.,
7
preferred (quar.)—
Company, common
5%
:11-30
10c
H.)
12-
—
3%%
3
125c
(P.
8
(quar.)
50c
,
Terminal
Butler
12-
Class
1
$1.50
Bottling of Los Angeles (s-a)
Coca-Cola Internat'l Corp. com. (year-end)_
12-31
,
f40c
Extra
Bush
8
$$1
8%
75c
—
Co., Ltd.
12-
11-29
12-
Cola
$25c
(Philip) Mfg. Co. common
Carey
1-
$1.75
—
(quar.)
Burrard Dry Docks, Ltd.
3
1-
—
Carey Baxter & Kennedy
12-14
20c
Extra
Burlington Steel
1-
75c
Corp.,
1-
$1.25
—
Ring
Coca
Co.
Illinois
,
:
Extra
8
-
1
Inc.
12-
preferred <quar.)_
Ltd., class A (irreg.)
$2.60 conv.
Century
Company
Co.,
Capitol
Central
17%c
(initial)
Bucyrus-Erie Co., common (year-end)
i'7%
preferred (quar.)
—
Budd Company
(year-end)—
Building Products, Ltd.
Piston
8
130c
(year-end)
Watch
3
(resumed)—
Records, Inc., common (initial)
Transit
Common
preferred (quar.)
Buckeye Pipe Line Co
Burd
12-
93%c
$5
Bulova
1-
12-15
12-15
(quar;)—
&
Company,
class.A
12-
12-20
(monthly)
A
Year-end
Cochran
(quar.)—'
A
11-30
Company
Brunswick-Balke-Collender
Bullard
1
10c
«
Common
New
Capital
20c
3%%
preferred (quar.)
Bruck Mills, Ltd., class A
Class
B
(Initial)
$3
Coca-Cola
8
Products—
common (initial quar.)_^
15c
(quar.)_
$3.60
Co.,
8
1-10
City
.
(quar.),_
common
(quar.)
preferred
preferred
Shoe
Brown
25c
—.—._
(quar.)
preferred
5%
45c
I—*.
(quar.)
(quar.)
—;
;.
Brown-Forman
Capital
$1.25
common
Extra
$1.50 class
k12-14
15c
——
t
Brown
(
(quar.)
Iron
G.)
&
'
8
12-
Carnation
.
(quar.)——
preferred
4%
12-
3
12-
Westinghouse Co., Ltd. (quar.)
Canadian Wirebound Eoxes, Ltd.—
Extra
;
3
1-
•12-31
Canadian
3
1
1-
preferred
$43%c
Canadian Silk Products. $1.50 cl. A (quar.)—
12-
4%
Cochenour
10-22
12-20
1-10
8
12-15
$1.10
— —
1
2-
Machine, Ltd., class A (quar.)
Ingersoll-Rand Co., Ltd
Motor Lamp Co., Ltd. (quar.)
Oil Cos., Ltd.,
preferred
(quar.)
preferred (quar.)
5%
Corp.
Counties Gas
2-10
12-14
10%.
Co._„^„,__i
Peabody & Co.,. common
Coast
$15c
—
Canadian
50c
t$l
15c
$1.371/2c
75c
25c
—
preferred (quar.).._
Electric, Ltd.—
British
5%
12-
1-10
1'
12-15
com¬
(<Juar.)
1
$30c
of
(s-a)
(quar.)
2-
2-15-49
12-
12-24
3c
Yards
preferred
2-
3
$1.25
Co.
preferred
8
(year-end)
(year-ena)__
B
Coal
1-
50c
$75c
Ltd,
43.50
(s-a;_
25c
7%
$31 J/4 C
Canadian Ice
12-15
Ltd.—
Co.,
Oil
Class
Cluett
11-30
1
Securities, Ltd.--
General
A
12-15
1-
12-
—
12-31
5-15'
30c
of a share
held).
Ry.
Stock
Industries
12-
C&nadian General Insurance Co
Canadian
1-3-49
$25c
„
12-30
12-20
Clinton
3
common
Investment,
1
11-30
$70c
General
1-
12-15
12-31
(quar.)—
Investment Corp.,
Foreign
Union
$75c
$$1.25
(quar.)
(quar.)
12-14
(quar.)__-
Co.,
Molybdenum
Clmchfield
20c
11-27
12-20
30c
$1.75
Illuminating
(quar.)___
preferred
Climax
11-27
2-15 *
62 J/2C
(quar.)
Electric
11-30
$25c
Canadian
4%
$4.50
3
12-20
!
12-15
+
Iron
preferred
$$1.75
Ltd.,
Products,
preferred
$3
75c
(quar.)
preferred
12-
(quar.)
9
Columbia
British
4 y2 %
Canadian
Cardy
'
12-15
3
t>
12-
A
Bristol-Myers Co.—
3%%
participating
3
1-
$25c
■
12-23
(quar.)——
(quar.)
Corp.
Brass
1-
$$1.25
(quar.):.
Electric
common
cumulative class
$2
Cleveland
_
$1.50
—
Co.,
12-20
Manoning
Extra
a___
15c
-—
■:
Mfg.
1-25
$5c
General
—
Co.—-'
Briggs & Stratton Corp. (quar.)
-
$4.50
(year-end)—
Canadian
Ltd.
Manufacturing
Brillo
11-15
:
com.
9
——
Co.,
Bridgeport Brass Co. com. (resumed)
5'/2% conv. pfd.
(quar.)—
12-15
11-15
(quar.),__rl
12-
$1
1
& Power
1-15
12-15
(increased quar.)
Food
share
Cleveland-Cliffs
&
12-15
—
(quar.)
6% non-cum. preferred
Canadian Cottons, Ltd.—
A
(1/10
each
Cleveland Builders Supply
t50c
preferred
Class
for
12-1*5
$10c
preferred
Common
dividend
1-15
$25c
12-23
$1
37%c
31J/»c
7
11-30
50c
preferred
(quar.),.
Clayton Silver Mines
Cleariied
—
common
Celanese, Ltd.,
$1.75? preferred (quar,
Canadian
(cash
11-26
convertible preferred
Participating
3
12-
1-
8-15
12-15
(year-end) _ix,-
Co.—
dividend)
12-17
quar.)
Ltd.,
Canriers,
5%. 1st
3
11-30
1
1
(quar.)
(quar.)
Co.
4%
Canadian
$1
2-
9-
15c
5%
Participating
,,
Canadian
Sem'-annual
Briggs
;
6
12-21
——
,
Light
Stock
11-26
Ltd.. (quar.)_
Quarterly
.—
(quar.)
& Sons
J.)
12-17
—_—
non-cum.
12-
12-31
(s-a)
Traction
3
$$1
preferred (quar.)_
60c
12-
Boston Woven Hose & Rubber—
(E.
5%
Canadian
12-
75c
Mills, Inc., common-(year-end)
Extra
1-
12-15
Common
Co.—
(initial
common
12-15
12-14
$2.25
preferred (quar.)
'
5%
preferred (quar.)
—.—,
Bower Roller Bearing
(year-end)—
preferred
8*
Cleveland
(initial)
Ltd.
Bakeries,
12-15
(Boston) —
L_
Co.i~
12-
t$2
—
Year-end
12-10
12-18
10%
6%
Brazilian
Canadian
11-30
L
—.
2
:—
12-15
11-15
._
i
1-
f 15c
(interim)
20c
Wharf
Brach
&
12-27
12-12
Quarterly
6%
Wire
12-27
12-14
—
Trust
$1.06'A
t50c
Lines, Ltd.—
preferred
(quar.)
Cable, Ltd. class A
12-30
25c
$1.50
50c
25c
$1.37%
$3.50
25c
50c
$1.25
(accum.)
(year-end)—r
Property
Equipment
Steamship
non-cum.
$2
►
RR. Co
Personal
Controller
tl5c
1
$1.25
common
preferred
Clark
Clark
Ltd.,,
Power,
$1
50c
—.—
Company
Extra
'
Northern
Class B
12-17
1st
1
8*
t50c
12-4
12-23
7 %
1212-
12- .6
1
6-
$1
2
i
12-15
30c
50c
$1.06V*
25c
1
12-13
3-
—
3
(quar.)
Co.
12'/2c
-
Year-end
1-
J$1.50
Malting
$4
—
City- Auto Stamping Co
i
City Ice &. Fuel Co.* (quar.)_
City of Paris Dry Goods Co., common
mon
Extra
Pacific
Ry.
Co.,
Holdeig
Payable of Rec.
$1.-5
t46c
Extra
L-
(quar.)
Boston & Albany
Botany
Canada
12-20
Canada
Brass
dividend
Boston
12-21
12-20
4
Bondholders Management, Inc., class A (s-a)
v
1
12-30
Service
1-
-—
,
12-
—
Realty Corp. 7%
Aluminum
Boston
Extra
12-15
5%-conv. pfd."(accum.) —^
Co.," Inc., 5%%' pfd. (quar.)
Bohn
12-
Street
When
53
$1.25
f $1.50
5%
(quar.)_
(year-end)_—_—.:—.vi
(Calif.),
12-20
—
(annual)
Canada
Co. (quar.)—
Tobacco, 6% preferred
Blum's
Borden
B
——
—
11-19
Canada Permanent Mortgage, Ltd
W.)
Bros.
Blue Diamond Corp.
Stock
Class
1
(quar.);
.
12-20
$1.75
1
—
Company
11-30
1-
Texas
(quar.)
preferred (quar.)
preferred (quar.)
Cities
12-15
(quar.)
12-
—
preferred
1
12-15
*37%C
11-30
Year-end
Bliss
preferred
12-30
25c
Extra
Blaw-Knox
'
Ltd., class B (initial)
Forgings, Ltd.—
(quar.)
12-
Black, Sivall & Bryson—"
Common (increased quar.)
'—
*,
A
12-13
(quar.)
Mfg.
12-13
<fe
preferred
15c
—
12-15
' Extra
4.25%
7%
12-21
1-
12-27
$1
t32'/2c
—
(quar.)
12-15
—:
&
34%c
(quar.)
$2
$1.50
2VaC
Co. of Pa
pfd. (quar.)_
Insurance
(quar.)
common
25c
Fire
Extra
Black
1
5%
3
Foundries &
Canada
Birmingham Water Works, 6%
Bishop Oil Co. (quar.)
Bismark
12-
1-
25c
12V2C
Year-end
Birmingham
.
3
Ale,
Canada
3
1-
$1
Extra
Bingham-Herbrand Corp.,
common
5% convertible preferred (quar.)
Birdsboro Steel Foundry & Machine—
Ltd.
Stone,
Ginger
Canada
12-20
1-1-49
50c
$1.75
50c
12-10
1-
tlOc
$1.30 pfd.
Ltd.,
Co.,
preferred
Class
(quar.)
preferred
5%
tlOc
Dry
$4.25
Bessemer Limestone & Cement—
'
5%
6
Cincinnati
Extra
12-10
(s-a)
1
12-
Share
Cincinnati, ifew Orleans
Ry., common _„c_.
Co.—
,
Canada
12-29
:
Beneficial
Consolidated Copper
Year-end
$3
$5
,
1
12-
12r20
50C
Forge Co., 5,/2% conv. pfd. (quar.)
Campbell, Wyant & Cannon Foundry Co.—
50c
(quar.)
12-
12-15
(quar.)
Camden
J50c
50c
;—
12-15
25c
(special).
10c
Canada
preferred (quar.)
Bell Telephone Co. of Canada—
J
New common (initial quar.)—
60c
$5.80
(quar.),--;.
com.,
Cement
Service
Hecla
Per
Name of Company
12-10
Resumed
12-14
115c
t25c
5%
Year-end
11-30
1-
Canada,
of
&
Holder»
Payable of Rec.
12-20
(quar.)
preferred
When
(2477)
75c '
(quar.)
Portland
5%
Share
Utilities
California
—
Corp.
Pacific
12-10
11-29
t$1.50
(quar.)
com.
Ltd., common
Aviation
California
11-30
Co.
3
1-
t$l
"
Ink
40c
7%
preferred (quar.)
Belgium Glove & Hosiery
Bendix
California
12-27
50c
Extra
-
Per
Name of Company
12-15
40c
-
Bdldlng-Corticelli,
3
12-13
12'/2 c
—
(quar.)—
(quar.)
Extra
1-
FINANCIAL'CHRONICLE
&
Holders
Payable of Rec.
t75c
(year-end)
Ltd.
Bros.,
COMMERCIAL
THE
Number 4759
12-16
12-
40c
1-
3
9
3
12-13
54
COMMERCIAL
THE
(2478)
CHRONICLE
FINANCIAL
&
Monday, December 13, 1948
"
When
Per
Name
convertible
Cuban
8%
American
preferred
Sugar,
$125
12-15
12-
$2
50c
fquar.)
preferred
Porster,
&
12-31
12-17
(quar.)
<irreg.)_—
common
(quar.),.
7%
preferred
7%
preferred (quar.)—
7%
preferred (quar.) — _
preferred (quaf.)
7%
Cuban
Atlantic
Sugar
preferred
5%
preferred
5%
(quar.)
com.
iquar.)
——
Dan
preferred
4(6%
Daniels
Bonus
Dean
Phipps
5%
preferred
Decca
Deerfield
Dejay Stores,
(s-a)—
—-
pfd.
(quar.)—-™
(cash dividend)
(quar.)_
Hudson
ft
Delaware Power & Lignt, 4y<?
3.70%
Delta
(quar.)—
preferred
Electric
Co.
(quar.)——
12-30
12-24
(reduced
Detroit
Tunnel
Canada
Detroit
&
Detroit
Edison Co.
Detroit
Watch
Elliott
—■
preferred
5'/2%
preference
Elmira
&
Williamsport
Class
8%
Emerson Radio & Phonograph
preferred
7%
Mfg.
Steel
Extra
—
&
12-
3
12-
1
11-29
12-31
12-10
Emsco
Derrick
12-10
4%
12-20
12-10
Enamel
II-30
11-20
Heating Products, Ltd
Credit Corp., partic. preferred*—
Participating
Participating
Equity Corp,, 20c preferred (s-a)_^
1-
2
12-20
1-
2
12-20
12-23
12-23
12-
Ero
Erie
75c
30c
15c
25c
lc
50c
$1
50c
,
class
(quar.)—
A
Products
Ewa
12-24
Ex-Cell-0
11-26
Excelsior
12-15
12-
1
Exolon
12-15
12-
1
12-15
12-
6
12- 6
12-15
1-
3
11-27
1-
25c
3
Co.
Plantation
1-15
12-16
T
Extra
Diana
Car
Motor
—;
Distillers
Unerased
Corp.
Products
Co
Famous
5c
,
—————
11-29
12-
Fanny
See grams,
Corp.
Camera
__
1-
Home
Store
Doehler-Jarvis
—
——
Dome
———
-
12-27
Mines, Ltd
————_—
tl7(6c
Dominguez Oil Fields Co.—
,1
,V>-Common
(year-end)
'
$1.25'
Common
uJ—
25c
1-31
...
,
Federal
Mining
Truck
t$l
1-15
Federal
7%
preferred
iquar.)—_—35c
Dominion Malting Co., Ltd.
1-15
Federated
preferred
Class
B
iquat.)——.—
&
Coal
(specials,
Ltd.
Tar
Chemical
Common
$1
Chemical
Stock
$4
Co.,
11-16
11-18
t25c
(cash
_
A (quar;)—
prefer-""' 'inwr.v__
7%' preferred
Co.,
Draper Corp.
Year-end
Dravo
Industries,
;
Power
Co.,
preferred
common
preferred
Mont
(Allen)
B
A
B
(quar.)
5%
1-
3
Fifty
1-
3
Finance Co.
(year-end)
(E.
I.)
1
1
12-13
11-29
12-27
12-15
3
12-15
&
12-31
12-15
12-20
preferred
11-22
1-25
1-10
(quar.)__
Elastic Stop
3(4%
Foster
12-31
12-10
12-15
12-
1-
2
12-27
1-
1-2-49
4
&
Kleiser
6%
Fostoria
2
12-15
Fresnillo
12-15
12-
3
12-
3
1-
12-
6
3
Co.
of
preferred
(quar.)_^__
Froedtert
$2.20
Grain
3
12-
Frontier
Co.
12-15
Fruit
the
1-
3
12-15
Fuhrmann
6
12-21
12-
$1
12-28
12-15
12-28
12-15
$5
12-15
12-
$25c
12-15
11-15
21c
12-15
12- 4
37y2c
12-13
1-
1
6
2
11-30
12-20
of
&
Year-end
Gannett
Class
Garrett
Stock
(quar.)
Gas
Co.,
40c
$1.12y2
common
Corp
12-15
1-
11-22
Gary
,
&
01
12-10
11-15-1
1
Grant
3
,12-20 *
12-
3
12-15
Co.,
City
(W.
Ltd.,
Steel
T.)
Co.
12-15
11-15
$2.50
12-15
12-' 1
50c
12-15
12-
(year-end),
extra)
—
A
t25c
common
(quar.)
(quar.)i_—
Grayson
Robinson,
Inc.—
12-
3
Great
Lakes
Industries,
3
Great
Lakes
Paper, Ltd.
12-15
1-3
,,11-30
' 11-29
12-
1-
3
3'
12-20
(N,
12-15
12-
1
1-
5
;'1-15-
;•••
12-20
(quar.)
(quar.)
__________
West
West
Felt
Life
Ghreat
12-10
-
6%
Great
Co.,
.
1
Greenfield
1
12-
1
12-23
12-15
12-15
12-
1
12-15
12-
6
Corp.
1-
2
12-15
1-
25c
1-
37V2c
3
Extra
12-20
12-
Guaranty
37'/2c
4-
3-15
Gulf
37V2c
7-
6-15
$5
1-
3
w-io'.:
1-
3
1^-10
12-
7
11-24
1-
3
12-
10-
9-15
12-16
Gulf
12-23
12-16
1-20
12-31
12-20
11-29
12-20
11-29
-
1-31
1-
12-10
12-15
33c
12-
12-24
12-20
12-
3
12-20
12-
3
30c
*2-20:
&
12-, 3-
1-
3
Hahn
Lime
12-15
12-15
25c
12-20
12-10
12-31
12-13
.
20%
12-21
12-11
(quar.)___
(quar.)
3
12-13
12-10
5%
isc
12-15
12-
5Vu%
Gatineau
& Co.
Power
$1.60
Co., Ltd.,
(quar.)__
preferred (quar.)
1st pfd.
(accum.)
common
iquar.)
20c
'■
L-i.2
12-
6
—
U
2
1:2-1
t$1.25
preferred
1-
2
12-a
JS1.38
1-
2
12-
t30c.
1
1-
3
12-17
$3
1-3
&
Alabastine
of
Brass
12-28
12-18
$1.25
12-28
___.
6-30-49
1-
2
12-22
$1.50
11-19
]7-2o:
11-19
$1.10
12-15
11-19
Ltd.
J25c
3-
1
2-
t25c
3-
1
2-
1
6-
1
5-
1
t25c
9-
1
8-
1
t25c
T
12-
1
11-
t30c
1-
2.
12-
8
1-
2
12-
8
12-
3
(s-a)—
t50c
120c
—
10%
L
1-
2
1-
2
12-' 8
12-30
12-16
25c
12-20
25c
1-15
37 (6c
12-20
;
______—
1
; t20c
common*—
;
Halliburton DU
12-
6
12-6
Well Cementing Co.—
Quarterly
—*
common
(quar.)—
(■.(Extra1'——
4% ; preferred (quar.)
4%
3
12-15
t25c
Haloid Company,
Hamilton
1-
25c
25c
—
Watch
Co..
convertible preferred
'
———:—:
(quar.)——
(quar.)
12-10
1-
2
12-15
1-
2
12-15
1-
■
2
12-15
25c
•
——
common
12-15
11-23
$1
12-15
J1-23
$1
.
fi-TO
11-19
30c
quar.)
Canada,
"
3-10
75c
Corporation (stock dividend)—
(W. F.) Printing Co. (quar.)__________
Extra
:
12-10
3-30-49
$1.25
-
______
'
Co., Ltd.,
;
12-13
$1.50
$1.25
Y.)
Hajoca
12-15
12-31
12-31
preferred
(N.
"
$1 preferred
Hall
12-31
34%c
37V2c
$5
Extra
12-15
28Vec
11-26
—
Extra
$1.50
12-20
$1.25
Quarterly
Quarterly
Quarterly
12-10
10c
11-15
..
11-15
12-20
Corp.
Extra
..
1
30c
12-20
Quarterly
12-15
25c
75c
{cash dividend)
(quar.)_—__
year-end stock dividend (One shr.
of Texas Gulf
Sulphur common for each
65 shares held)l
Gypsum
1-14
3
H2-13
Corp.—
Gulf Power Co. $6
pfd. (quar.)
Gulf States Utilities, com. (increased
$4.40
prefe/red
(quar.)
1-14
1-10
12-31
Special
.
1-31
$1.06(4
:
12-13
$1.50
Engineering
6% preferred jquar.)
Ohio, $5 preferred—^
preferred
Oil
1
12-31
preferred
$5
12-23
10c
17V2c
$5c
(quar.)___
&
Co.
*
40c
_
25c
Realty,
Mobile
12-20
11-30
$i
Sugar,
Trust
Guilford
12-28
$1
Aircraft
Guantanamo
$1
—
(quar.)
Year-end
12-15
12-20
,
(year-end)—1—
Corp.
Grumman
1
12-15
55c
—
;
,
;
.
12-15
1-
12Vic
(quar.)_
;
_________________
Grinnell
65V2c
(quar.)
3
iquar.)
preferred fquar.)
Griesedieck Western Brewery
Mexican
(quar.)
1
1-
Greening (BJ
Wire Co., Ltd
Greyhound Corp., common (quar.)
37V2c
■
1-
30c
common
12-
& Die
:
$1.75
Co.,
(quar.)
12-
$1.25
(quar.)__
2
t75c
12-15
37V2c
com.
2l,
12-
12(6c
Co., Ltd.—
12-29
t$1.50
_\
12-
12-31
(Winnipeg)
25c
—
2
12-31
J30c
f
;>;
Co.
12-15
Tap
12-201!
12-10 i
12-
<quar.)___
Sugar
preferred
1-14
12-23
t$3.75
West Saddlery
;
12-31
______
Western
12-20
10c
(quar.)
.
Assurance
2nd preferred
7%
.
Ltd.—
preferred
1-14
162160
__________
preferred
Quarterly
,12—3
12-21:
preferred
B
convertible
11-19
10c
;
A
50c
11-18
12-15
t40c
(quar.)_______
com.___
12-15
10c
:
Inc,
class
Great
i
'
Y.)—
ciass
Great
;
12-14
1-
<ouar 1.
Co.
$1.20
1
12-14
5%
Y.)
$2.50
11-24
6
3
93%c
Extra
12-6
:
:
Insurance
12-
-
12-
1-
3Cc
American
17-
1
12-24
32l/2c
_L—___
Common
(stock dividend)
Great American Indemnity (N.
1
.
11-25
12-
25c
_
—.
Gray Drug Stores,'Inc.
12-8i
12-15
12-15
75c
(quar.)
(year-endi__
Company,
preferred
1
10c
12-15
1-
n-15'i
tl2V2c
—
12-15
—
8%
dividend
f50c
12-31
12-
12-10
,.
_
12-15
12-
$35c
Corp.
11-15
12-15
12-20
25c
common
12-15
Canada-
81 (4c
•
Co.,
$1.25
tl2x/2c
12-15
^___
preferred
(quar.)—
12-17
_________
: f
12-31
1-1-49
12-10
11-15
Grand Rapids Varnish
Great
1-
3
Ltd., ctuss A (quar.L
Manufacturing
3%%
:
:
(quar.)_t——tl2V2c
B
Granite
12-31
12-15.
'
12-24
X
& Rubber c'o.
Grafton
Inc.—
(Julius)
(quar.)
class
(quar.)
preferred
$1.50
$1
—;
Mackay Stores,
4 (4 %
(quar.)^
convertible
(Theo.)
60c
(quar.)_
Tire
preferred
:
_
12-10
(quar.)__
common
37r/2c
Paper (year-end)_
class A pfd. (quar.)__
convertible
11-27
convertible
12-13
12-31
$1.25
Rubber,
10c
—
preferred
,12-3
;
12-31
$1
(quar.)
&
;
12-27i
$1
;
,
12-11
Corp.—
L
,
common—i
5%
Schmidt
4V2%
12-14
Company,
12-11
62!/2c
(quar.)
Company,
B
Garfinckel
12-15
(quar.)
F.)
12-21
M
(quai.)
Loom, Inc., common—
6%, preferred
35c
com.
12-10
&
(quar.)—
Brewing Co. (quar.)
Fundamental Investors
(year-end)
Gair (Robert)
Co., Inc., common (quar.)—
$1.62 y2
(Texas),
3
1-15;.
12-21
25c
;
5V2%
(quar.)
1-
75c
Industries
3
75c
Works
t5c
25c
1
Inc..—30c
Malting,
preferred
12-24
11-
<
Minos, Ltd,-——!
Co., Ltd., common——______
preferred (quar.)
_____________
2VsC
(s-a)____
&
1-22
$1.06y*
12-10
Hosiery Co.
50c
'
v
12-10
35c
Extra
j25c
———
12-15
Gotham
i30c
1
12-10
3
12-6
6
12-20
11-24*;
12-20f
3
Extra
1
3
3
$2.50
Baltimore, class A
less
15c
1-
.
11-26*
12-
1-
12-1«
«1
are
$1.75
Quarterly
Canada
Company
(quar.)
12-15
1-
30c
______
payments
dividend tax.
20c
I*
Gorham
,
'
11-24*.""
$1.50
11-27
—
Above
3
3
62(/2c
Class
10%c
Foundation
3
1-
^___
Reduced
Field)
;___
1-
—12V2c
12-18
Fund-'
Steel
1-
2%
(quar.)
9Cc
_____„
Pressed
40c
56'/iC
\
C.)
preferred
Gordon
12-10
Co.,
(increased quar.)
preferred
11-27
12-20
Corp., common (quar.)
preferred (quar.)
prior preferred
(quar.)—
prior preferred
(quar.)__.
prior preferred
(quar.)
12-15
1-2-49
$1.50
(H.
7%
12-18
;___—■
prior
6
convertible
$2.50
Corrugated
t25o
(quar.)^__
Company—
(cash dividend)
dividend
Goodyeai
1
■
Foster-Wheeler
6%
12-
6
75c
conv.
Wayne
12-13
.
6
12-10
(quar.)——
Chemical
6
12-14-
12-
12-15
—.
(quar.)i—
&
12-
12-23
75c
10%
(quar.)
12-13
12-
12-10
-
pfd. (quar.)_l__
Company-.
Z_„______1'_____
Foreign Light & Power. 6% 1st pfd. (quar.)
6%
A.)
Nut
Machinery
12-14
;"20c
(quar.)__—__
12-13
12-
12-
dividend)
$1.50
Ltd.
Steel Co., common (monthly)
Edison Bros. Stoics: common (quar.)
preferred
(cash
12-24
12-31
12-20
Corp.—75c
Inc.—
•
'"V
'.{■
dividend
11-30
12-1
24
12-13
12-15
(quar.)__i___^
preferred
Common
6%
5%
L
Edgewater
$4.59
1-10
50c
__
____
El Pkoo Natural
Food
3
$1.75
(year-end)
Manufacturing
new
com.
(extra).
Paper Corp., common (year-end)
prior preferred (s-a)___
Eddy Paper Corp., common (year-end)
Electric
Stock
11-30-:
12-2
20
20c
16c
Stores,
$2.50
12-20
15c
(s-a)_i_*^Li.-—$1.50
preferred
$5
12-10
at
50c
_*
20c
Goodyear. Tire
6
12-22
America,
Co.
Steel
Fair
11-23
$1.50
6%
Pnto
of
Power
Common
12-
$i
12-2
(quar.)
Food
12-15
$1.50
(accum.)
12-
'
11-30.
*
Extra
$5
3
50c
25c
~
Building-—-——
Extra
Eaton
Oil
Mills
Florida
50c
;
preferred
Flour
12-20
$1.12y2
12-20
12-20
12-20
Industrial
preferred
$1.25
(qi-ar;)
participat'ng
$4
20c
Eaton
El
1-25
(extra).12y2c
Bxtra
Dorado
12-18
12-14
—
6%%
12-15
12-16
$3.75
(accnm.)
Easy Washing Machine Co.,
El
2
12-31
$1.12y2
11-30
3
3
12-
12-3
State
4%
12-10
1-
12-
12-15
12-14
-
Brick ' (quar.K
Distilleries, class A
Goodrich' (B.
12-10
12r31
33c
Foote-Burt
,
6%
(Thos.
1-
87y2c
Eastern States Corp., $6 pfd. A
$7 preferred A (accum.)
Eastman Kodak Co.. common
4Ys%
1
11-30
$1.12y2
12-15
12-31
1
12-15
12-20
Manitou
Golden
12-15
12-16
2-
*
12-16
5
25c
Company
Telegraph Co. (quar.)
Goldblatt Bros., Inc.,
common-;
12-20
3
5Cc
Storec_
r_
First York Corp., $2 preferred (s-a)_—
Fittings, Ltd., class A (s-a)
Flintkote Company, common (quar.)——
12-15
___
6%
Edison
12-
2
t$1.25
—
common
2
1-
National
Fort
(quar.)_
new
1-
1
12-16
J62(6c
prior
A
12-22
12-
Co.—
preferred (quar.)
preferred
(accum.)_-
Class
12-22
25c
Plastics & Chemicals, Inc. (quar.)
Duval Texas Sulphur (vear-end)__
_.i__
East Mahanoy RR.
(s-a)
Eastern Qas & Fuel Associates—
preferred
1-
25c
Durex
6%
12-22
12-
25c
_
1-
50c
1-25
1-
50c
Gold & Stock
3
t$1.25
B
Follansbee
Ltd..
(year-end)
preferred
(quar.)
dividend
1
$1.75
—__
Ncmcurs
preferred
Stock
First
1-
25c
Co..
Golden
12-
30c
of America
$1.25
*
20c
Shale
3*c
Marshall
62'/2c
'*:
i
'10c
Coal
$2.50
Financial
11-20
5c
$4.50
4V2%
11-27
12-
___
GOod*
$3.50
Brewing,
3
Inc.—
Common
Duquesne
Class
12-15
__
(s-a)_
de
12-23
1-
$1.75
Co
3-16
12-21
t?f>c
(see
Broadway
3
12-15
—
(Marshall)
12-17
50c
Dun ft Bradstreet. 4(6%
preferred-tquar.)^
Dunlop Tire ft Rubber Goods, Ltd.—
preference
1-15
Special
1-
37y2c
—
Electric Corp.
Dunlop Tire & Ruob«»'
1st
1-15
$1
$1.75
„
4-1-49
_L___50c
Field
75c
<quar.)
Fibre
12-10
B
$2.50
X
Fiduciary Trust Co. of N. Y.
1
12-15
12-27
,
Godman
*2 50
Co.—
& Set Screw Co
Products of Canada, Ltd.
12-
(quar,)—
4
12-16
12-15
12-15
12-20
$1
Globe-Wernlcke,
dividend)
dividend
1
12-30
$1
;;
25c
4
62'/2c
(stock
1-
$1.50
$1.12 V2
__
>
12-10
$1.12'/2
(quar.)
Corp
12-15
(quar.)—_:__
35c
Stoies
1
(quar.)_—_
12-
(quar.)
Shoe
12-14
1-
Stock
1-2-49
12-14
15c
common
Common
11-29
3
1-
$1.25
•
Glidden
12-
12-13
12-14
(quar.)____
Co
preferred
12-21
12-31
3
;
(initial)
12-24
*
12-10
1-
:
4(6%
2
1-
1-14
Harvester
Alden
12-15
(year-end)
Cap
12-
Dumont
du Pont
6
Cash
Ferry
12-15
____*
Bridge
preferred
Enamel
3
—
Laboratories,
preferred
conv
12-
3
93%c
(initial
Dumbarton
1-
81v4c
(quar.)——:
(lnitia').
Class
5%
1-
(quar.)_
Class
1
$1
4%
Mfg.
40c
(quar.)
37'/2c
.
pfd. '(quar.)_:
(quar.)
;
Company
Curme
1-15
_
;
-
7%
12-
2(6%
3%%
Duke
3
14-49
$1.50
common
&
7
50c
(quar.)
12-21
—______
&
25c
(quar.)—_—
preferred (quar )—_
Driver-Harris
Co.
Feltman
1-15
div.)_
—
Corporation,
Dresser
1-
125c
,
J
J.)
Tarrant
t$1.75
___—————
preferred
Drug
2-1-49
il5c
(quar.)—
__
common
Publications
(John
&
Ferro
(quar)
dividend
$3.25 2nd
Dow
Du
12-16
12-15
————.
Dow
2-1-49
Ltd.—
Co.,
preferred
(quar.)Textile. Ltd., common
preferred
Felin
Felt
125c
___——
Dominion
7%
2-1-49
$37(6c
(quar)-—
(quar.)
$3
2
12-
(quar.)_
i25c
^
Year-end
_________
Stores.
Dominion
Corp.,
12-
12-28
(quar.)
30c
United
12-22
50c
-
^
preferred (quar.)
Globe Knitting Works
(quar.)_
Extra
Corp.,, Ltd.—
Dominion
&
—
1
15c
(quar.)—
5%
12-11
—
Co.
Works
Dominion Steel
1-
$1 '
Motor
t25c
i$1.25
4
12-11
—__
Inc____—
Screw
__
7
12-
1-1
& Smelting—
Federal
(quar.)
12-
12-15
_
Company (quar,)_„
Shops, Inc. <quar.)___
Enterprises,
Federal
;
2
Extra
Co.
(irreg.)
Federal
Commop
-
12-27
Extra
1-31
1*
12-
.j
Machine Co.
Glenmore
8
8
12-22
$3
(quar.)
Corp.
;
Glen-Gerry
$2.50
Insurance
&
Bake
Co.
Razor,
(The)
Extra
1-10
1-10
I*
10%
Extra
1
20c
(quar.)
1-15
Extra
12-14
25c
3-31
common
Glen
12-5
3
1-
1
12-
—.75c
preferred
Gleaner
1
12-15
$1.06(4
pre-lerred
Insurance Co.
Fire
Extra
Glsholt
30c
Corp
25c
Ltd.,
$5
Girdler
12-20
2.
$7.50
v
Ltd. (quar.)—
Shops (quar.)_——
t25c
Co.,
1
2-
2-
12-10*
12-
•
-
$5 preferred
(quar.)_.
Safety
Extra
3
.12-15
56(40
——
•-
_
Glass
Gillette
I
1
12-
(accum.).
(quar.)____,
Refrigerator
12-17
r12-30
pfd.
Products, 4'/2%
12-15
1-
$1
(quar.)
$6
Co.,
preferred
Gibson
12-16
11-30
12-15
Extra
30c
(quar.)—
(quar.)_
Common
Germantown
6%
2-28
Dominion
$6
Gerber
12-
.1-
Power
12-31
12-15
12-17
12-15
12-15
dividend
12-15
1-1
Castings,
preferred
12-31
Co.—
25c
1
_
Stock
4(4%
12-17
3
$1.50
preferred (quar.)_
Refractories Co.
•
12-15
—
Common
1
7
3
1-
40c
(year-end)
com.
(quar.)
General Time Instruments, common
12-21
5c
Federal
* ■
—
1212-
3
1-
12-28
35c
quar.)
Telephone Corp.
1-
*
11-29
10c
(increased
Railway Signal Co.
Class
Co.
Cement
General
12-15
25c
Q'3'\c
(resumed).:
12-
12-16
$1.25
$1.25
Corp.
Steel
6
11-29
12-17)
,
General
12-16
>■
(quar.)_
(quar.)__
General
11-29
Canadian,
Rubber
Corp.
12-15
3
'
'
1-25
10c
(quar.)
12-15
1-
3
12-20
25c
preferred
12-31
12-15
' Life
5%
6%
11-30
Traders
(Fredl
Motors
preferred
General
5Cc
&
Inc.,
12-15
12-
—_—
&
3
12-20
Instrument
Metallurgical
Faultless
Fear
Portland
3
1-
12-20
$1.25
(quar.)
Year-end
12-13
&
—
12-27
General
12-20
———,,
Quarterly
Farrell-Birmingham & Co. (year-end)
Fashion Craft, Ltd.,
5% pfd. (quar.)_____
3
12-20
30c
Candy
(Syracuse)
12-15
50c
75c
(quar.)——
Corp.
Extra
1-
40c
—.i"
tex*r»*_
Players
Farmers
3
12-20
—
3
12-15
—*
Farmer
Fansteel
12-15
1-
12-15
Extra
Ltd.—
Increased quarteny
—t25c
Disston (Henry)
& Sons, Inc.————
; 75c
Dixie Cup Co., common
(quar.)—
25c
Class
A
(quar.)
——
62y2c
Dixie
6
Phoenix
11-30
Corp., common
preferred (quar.)
12-15
General
12-15
Finance
12-15
12-10
12-
—
15c
2
12-18
Family
quar.)—
1-
25c
Fairchild Engine & Airplane Corp. (resumed)
Fairmont Railway Motors (increased )_*—
12-13
$3.75
25c
—
12-13
12-29
12-10
5c
—;
—*
12-16
25c
$5 preferred
2
25c
2
_
General
12-10
1-
—V*——.
Year-end
4V2 %
12-10
12-15
12-8
12-29
3
12-15
12-18
12-20
12-
Mills,
12-
25c
1-
General
12-21
35c
$1.50
—
———.
Stores
Dictograph
(quar.)—
4
-05c
_
Diamond
12-
(s-a)—15c
———
Dewey & A:my Chemical (quar.)—.———
Giorgio Fruit Corp., $3 prelerred (s-ai
Di
1-24
$1
12y2c
12l/2C
—
4
Printing
(quar.)
Company
Fairchild
Manifold
*—f;<,--10c.'
i
Products, Inc.——
(The)
-1
Pair
General
Co.
Fabricon
11-27
4
12^
(quar.)___——
Co.___
Corp. *_*;
vl
12-
1-1-49
,
—
(quar.)—————•—
preferred
Insurance
Extra
12-20
lc
10c
„i
4
12-
$1.75
Corp.
■
—
Coach Co., new com. (initial quar.)
(year-end)
Manufacturing Co. (quar.)
(irrcg.)—
——
,
12-
5% preferred (quar.)
Instrument
..
<
—_
Erie RR,
12-15
preferred
General
SI 1-25-49
1-31
$50c
1- 1
6c^
12-20
2c
1
&
Equitable
12-15
25c
11-16
12-
1-
25c
12-17
1-
11-29
12-22
Co.
(quar.)__._.
General Industries Co.,
12-15
5
12-22
Fireproofing
12-10
12-10
3
8
1-
11-29
50c
12-21
Georgia
Equipment—
convertible preferred
(quar.)
Eversharp, Inc., $5
—
General
12-
1
12-22
50c
12-10
12-15
2-
12-17
12-
12-15
(quar.)_
3
&
Evans
—
-
Empire District Electric, common (quar.)—
Empire State Insurance Co. (initial)———
Emporium
Capwell
Co.———
12-10
—
,
Raynclds,
B
(quar.),
L
(year-end)—
common
1
12-10
(quar.)
Corp.
Co.,
(quar.)————-—
12-20
12-16
Co.
12-29
2
Extra
7%
12-22
12-31
General Electric Co.
1-
50c
25c
$1.75
20c
28c
50c
50c
(quar.)—
Electric
preferred
50c
3
31(4c
*
25c
General Cigar
12-17
2
Corp.—
Corp., (quar.)
12-10
25c
—
3
5
Candy
(quar.)
<qu«tr.)
3
25c
12-
1-
pid.
1-
$1.65
(s-a)_
A_
1
Emerson
pfd.
7%
RR.,
class
B
12-24
—
Supply
3c
Extra
12-10
12-29
62'/2c
68%c
(quar.)
Drug Co.,
12-24
(quar.)—
Corp.
Builders
50c
*
—
(quar.)
2
1
Brewing
conv.
25c
(quar.)
Company, common
Extra
5%
—-
—
12-
12-31
6
$1.06(4
5%
65c
(quar.).
Year-end
12/2c
Iron Foundry Co. (resumed)Detroit Harvester Co. (year-end)—
Detroit Mortgage & Realty (quar.)—-—.
Class
National
12(6c
Gray
Devoe
Elgin
12-
1
12-
(quar.)
'Oc
15c
(year-end/-
Corp.
(quar.)——
Corp.
12-23
12-15
5c
12y2c
—-
(quar,)__—.—>_
Brass
12-20
—
Special
Detroit
Electrolux
——-
&
Aluminum
(CaJi.)
Corp.
12-15
Supply Co, of N. Y.—
preferred
iquar.)—$1.75
Oil Co. (Kansas* (initial)
—,
40c
7%
Products
A
(quar.)
dividend
General
$6.50
10c
$1.50
$1.50
—$1.75
(quar.)—
25c
(accum.)_—;
series
Company
12-21
Electrical
12-21
Dentists'
Derby
preferred
Box
General
—
12-28
$1-50
—
quar.)——
preferred
convertible
$7
preferred
75c
General
re¬
1-
1
—
(quar.)
Stock
Manufacturing—
12-14
1-
$4.25
1-
Transportation—
Common
5%
&
American
75c
$1.12 Vz
<quar.)__
General
Ferries, Inc., common————
prior preferred
(quar.).—
Power & Light, $6 pfd. (accum.)—
6%
1
3
1-
will
common
12-17
25£
(quar./-—
Denman Tire & Rubber—
5%
12-
$1;
Dempster Mill Mfg.
Common
12-15
(quar.)—
$1
—92 (6c
p*d.
Share
Electric
12-15
1-
&
Electric
12-17
25c
(quar.)——
Co. (quar.)
Inc.
11-27
2
«%
Fund,
Delaware
12-18
1-
Bend
Year-end
12-10
12-27
t$2.50
12(6c
50c
$1.12(6
15c
Slock dividend
Delaware
12-31
2
12-
.
only cash.
Emerson
(quar.)
Corp.-
Inc.
12-10
of Canada—
Corp.
4(6%
12-27
$2
45c
—
—
Inc.
Oil
Packing,
4
50c
(s-a)
Records,
Rock
Deep
12-
12-24
When
Holders
Payable 0/ Rec.
Investors—
General
Light
&
held.-
;
American
preferred
$4.50
12-15
12-3i"" ~12-15
1"C
$1
pfd. (quar.)
(^ear-end)
Stores
& Securities
Debenture
1
$3
wJl be
Electric Controller
12-15
3
1-
12-15
37(6c
(quar.)
Day Mines, Inc
—
Dayton Michigan RR.. 8%
De Long Hook & Eye Co
De
Witt
Hotel
(Ch.cago)
12-
12-31
f2
ceive
12-10
$1
—
Corp.
Chem cai
Davison
12-10
12-24
J25c
Coal & Coke Co
Davis
12-17
Power
shares
60
Share
Manufacturing Co.
preferred (quar.).:
General
fractional
of
Electric
12-10
12-15
—
,,
2
I-1-49
c'„
lieu
equivalent
3-17
12-28
shares,
the
cash
paid, which is equal
to the rate of 50c per share. All stock¬
holders owning less
than 60 shares of
In
12-17
12-
2
1-
51,1
—-—-
Ltd., class A (quar.)
——
2
1
1-1-49
aoc
S2
(quar.)-—
Fisher Stores
&
David & Frere,
1-
each
for
common
12-10
1-10
Company
Geminer
(stock dividend) —
Carolina
of
share
One
12-17
3
4-
75c
5
W.
9-16
12-17
*„Za
preferred
(accum.)
^—
G. Cigar corp.
(year-end)
River Mile common (year-end)—™-
$7
D,
6-17
1-
$2.50
n,
preferred (accum.)—_
Co., 4 V2 "/» pfd..—-—
Publishing Co., $4 prior pfd. (quar.)
5
Clothing
Curtis
7-1
$1-25
■—
3-18
—-—
*
Per
Name of
6
12-20
50c
50c
———
(quar.)
& Share
Bond
12-
12-22
t—
(year-end)
Co.
Boat
preferred
$2
Electric
12-17
1
9-30
50c
*1.V9
——
3
Electric
12-17
1-
*1.75
3
4-
el
iquar.)—
Cuban Tobacco,
Curlee
1-
,1=
_
1
—
Holders
Payab e of Rec.
Share
>
Co
'
5%
of Company
Auto-Lite
When
Per
.
Name
Electric
America—
of
Co.
Steel
Crucible
Crum
Holders
Payable of Rec.
Share
of Company
■
Volume 168
THE COMMERCIAL
Number 4759
Share
Name of Company
Paper Co.
■
preferred (quar.)
4 V2 %
■
4 Vi %
preferred
Hanna (M. A.)
Hanson-Van
12-
3
12-15
12-11
12-11
12-23
12-11
12-29
12-10
Interstate
12-10
lntertype
"l
12-22
35c
$1.25
15c
Extra
$3
Co.,
Hazeltine
Glass
Hearst
Heileman
(quar.)
Inc.—
Heime
*
<G.
W.)
& Co.,
Extra
preferred
7%
preferred,
$25
Hercules
Motors
Hercules
Irving (JohnV Shoe Co., 6%
Irving Trust Go. (quar.)
Island
6
$6
Creek
Coal
preferred
Co.,
Hershcy
(quar.)
7%
12-23
12-
4
7%
preferred
Mountain
Mines,
Hershey
«-•
*<
4
5%
preferred
12-15
II-30
5%
preferred
12-23
12-13
$1.20
12-22
12-
Extra
50c
12-10
25C
12-15
11-29
Additional
I Extra
12-31
12-21
-
Co
1-
5
12-
6
12-24
12-
1- 2
.,.
:
—
...
1-15
1-
-
f
Quarterly
Hobart Manufacturing Co.
Holland
<
.
Furnace
Extra
Co.
———
2nd
2nd
—-———
.fe V/hitney
Hollingswortlj
"
,
Holophane Company
Kalamazoo Vegetable
12-24
12-10
12-
Kansas
Oil
Home
Title Guaranty
Homestake
Honolulu
1
Gas
Oil
«
$4.25
j
$4.50
Hoover
Ball
Hoover
Company,
Extra
'
»
12-28
12-
827ac
12-28
12-
2
50C
12-22
12-10
25c
12-20
12-
12-20
12-
8
$1.1272
12-30
12-20
30c
12-20
12-
8
12-
1
—
112 Vie
Lexington,
$2.25
Corp.
Natural
$2
12-24
12-13
1
12-
preferred
5%
Oil
Gas, cOmmon
12-
6
12-
9
1- 3
12-17
50c
1-15
Hubbard
1-15
20c
12-28
12-10
;—
627aC
12-28
12-10
$1
12-28
Motors
„
—
(Harvey),
Extra
Bay Mining
Erie
•Hussman
Huttig
,
Refrigerator
Sash &
57/
Door,
preferred
Hydraulic
5%
Leased
i
lines
Interim
4%
Extra
_
.
guaranteed
.
(s-a)—_—
(St;
672%,
Rayon
Silica
Co.
non-cum.
2
12-11
12-31
1-
New
Kidde
472%
4%
—
International
12-10
20c
12-15
1-12
—
Co.,
16c
.—
(s-a)
Machine
Lanett
Lang
Co.
Co.
(quar.)-
12-17
12-27
J2-17
Publishing
3
12-17
(John A.)
(A.
C.)
Leather
Corp
Industries,
Lehn
Nickel
Co.
Salt
—
12-15
Liberty
12-
7
12-
7
preferred
Products
Corp,
(quar.)
Life
Co.
Ins,
Liberty Loan
Class
Liberty
B
Market
$1
Basket, Inc.,
preferred
A
Marltn-Rockwell
Common
12-10
12-10
12-15
Marshall
Marshall-Wells
11-24
12-27
12-10
12-
1
Marsh
(quar.)
—
(Greenville,
S.
C.)
class A
(quar.)
6%
&
Co.,
preferred
Martin-Parry Corp.
Maryland Dock Co.,
12-17
Massey Harris Ltd. (quar.)
Mastic Asphalt
Corp
12-17
Mathieson
Extra
47a %
preferred
Extra
12-21
12-
7
12-15
11-15
McColl-Frontenac
12-15
12-
McCord
1
12-11
3
12-15
3
12-15
1-
62 7ac
1-
$1
12-15
12-
1
12-15
12-
1
25C
12-17
12-
6
12-22
11-29
12-22
11-29
1272c
12-14
11-30
25c
(quar.)
(quar.)-.—.—-.
Loan Corp., common
12-10
12-20
11-22
12-20
11-22
1-15
12-20
$1
12-15
11-19
Liggett & Myers Tobacco, 7% pfd. (quar.).
Lily-Tulip Cup Corp. (increased quar.).
Lima-Hamilton Corp.
(increased)
Lincoln Building Corp. (N. Y.) (initial)
12-15
11-19
Lincoln
12-15
11-19
25c
-12-20
preferred
One
Wayne,
v
i
Extra'
Indiana)
•
Insurance
(quar.)
—I'i.Ls—:—.—
Co.
12-16
12-31
$$7
1-
3
12-
12-15
12- 1
1-17
1- 3
1-
3
12-20
12-
6
10-29
$2.50
12-23
12-13
12-15
12-
12-15
11-24
$25c
1-31
12-31
12 7aC
12-15
12-
1
1
1-15
12-20
1-2
12-20
1-
3
12-23
1-
3
12-10
30c
1-
3
12-10
30c
1-
3
12-10
18%c
1-
3
12-10
$1.75
1-
2
12-10
50c
12-15
12-
1
18c
12-15
1- 2
12-20
$1.50
12-20
12-10
1-
3
12-10
12-22
12-11
1-
3
12-15
12-
1
(Fort
30C
30C
2-
1
12-15
1-24
12-
7
1>11
12-31
12-15
$2
12-22
12-15
1-
1
12-27
1-
5
12-20
12-22
12- 9
12-22
Oil
1-
1
12- 9
12-
9
23c
12-24
12-10
12-24
12-10
12-15
11-20
12- 1
12-23
12-1
12-23
12- 1
30C
...
12-15
$1.76
(year-end)
com,
10c
50c
12-16
11-22
12-
25c
12-15
—
25c
12-15
12- 1
(quar.).—
12 Vic
1-
3
12-15
Ltd., preferred (s-a).
Co., Ltd., common.—
$50c
1-
1
12-11
$25c
12-15
11-15
...
(stock
share
of
1
dividend)—
be changed
common
for
preferred
McCormick
12-13
to $3
12- 7
627aC
Company
(extra)
McCrory Stores Corp.—
Common (increased
quar.)
—
Extra
12-30
12-22*
$1.50
(quar.)—
k
12-15
12-
50c
12-27
12-17
1
50C
12-27
12-17
$8c
12-31
12-17
12-16
75C
Publishing
(year-end)
1- 3
Mclntyre Porcupine Mines, Ltd. (extra)... $$1.00 Vi
McKesson & Robblns, common (quar.)...
12-15
00c
$4
$1 1-15-49
preferred
(quar.)
—
McPhail Candy, 5^%
13 %c
12-30
conv. pfd. (quar.)
1- 3
35c
McQuay-Norris Mfg. Co., common (quar.)_
1- 3
$1.0074
474% preferred (quar.)
McWilliams
12-15
15c
Dredging
(quar.)
Meadville Telephone Co., 5% preferred (s-a)
62 Vic
1- 2
Melchers Distillers, Ltd.—
12-31
6% participating preferred (s-a)
$30c
1- 3
25c
Mengel Company, common (quar.)
12- 6
$3.50
convertible
preferred
(quar.)
McGraw-Hill
—
Year-end
5%
1st
Merck
&
preferred
Stores,
(s-a)
Company,
(quar.)—
(increased
com.
(quar.)—
Publishing Co. (quar.)
Mergenthaler Linotype
Messenger Corp. —
Mesta
quar.).
3
1
1- 3
12-20
12-14
12-14
12- 1
12-15
11-30
12-10
12-10
$1.25
12-31
12-10
12-15
11-22
75c
1- 3
12*10
60c
—
—
——
1- 3
12-10
87Vic
1- 3
12-10
25c
-—■
preferred
1-
11-
12- 1
25c
—
common
Extra
$3.50
Meredith
25c
—
1-13
12-10
75C
12-24
25C 2-15-49
Co.
12-3
2- 5
12-16
12-15
12- 1
15c
12-20
12- 9
$1.75
(quar.)
3
$1
Machine
12-22
12-10
30C
12-20
12-11
62 Vic
11-30
$1
12-20
share held.
Mercantile
30c
1
1-15
—
5c
12-16
12-23
12-15
$25c
preferred
common
additional
each
Par value to
Extra
Metal Forming
Corp.
(increased)
1-
'
f
Metal
National Life
12- 4
12-31
47C
—...
McAleer Mfg. Co., 5%
McBrine (L. M.) Co.,
Corp.,
Fund..
...
...
3
1-
1- 3
,12-15
$1.12 Vi
Corp.,
7% preferred (quar.)
Mayflower Hotel Corp
Maytag Company (quar.)
1-
1-
(quar.)
Chemical
1-14
2-
1-15-49
3174c
(quar.)..
common
—
50c
t$1.50
12- 3
7
$1
1-2-49
U272C
11-26
12-20
15c
1-2-49
5
12-15
$1.50
Trust
12-15
12-31
12-
$1.0674
(quar.)
(quar.)
Investors
12-15
12-31
1-15
3
20c
(year-end)—..
common
Massachusetts
30c
......
12-30
75c
pfd.
12-
3
1-15
60c
474%
Co.,
12-14
1-
1-
40c
Field
Second
12-31
12-10
50c
$17Vic
(M.) & Son
Investors
20c
12-10
12-17
$20c
Extra
Massachusetts
12-22
12-10
12-31
$1
12-14
12-28
U; «
12-31
25c
12-24
$1.1272
3
Ltd.-
......
(year-end).
common
3-22
—
(quar.)
;
Co.,
(quar.)—...
Corp.
4-1-49
7
1-
receipts
(quar.).,
common
12-22
12-20
11-30
4%c
12-15
$1
12-15
Communica¬
1-2-49
12-
12-16
$1.25
(quar.)_^
deposit
37 VaC
4
12-20
12-30
60c
—
3
12-15
12-20
1-2-49
$25c
...
3
40c
—
(s-a)
—
3
3
12-20
1-2-49
25c
(quar.).
Telegraph & Telephone
(quar.),
preferred
(quar,)
Common
1-
$2
—
(quar.)
...
Corp.,
(Toronto)
Co.
Co., Ltd., American
1-
11-26
12-10
1
tions
1-
12-
1-2-49
75c
60c
$1
12-31
1
7 Vic
Co.
Gardens, Ltd
Marathon Corp., 5% preferred
Marconi
International
Marine
25c
12-13
—
12-30
12-
12-10
40c
(s-a)
$50c
-
12-10
3
12-10
$1
——
3
11-25
t40c
(quar.)
12-15
11-
11-24
50c
_
12-28
25c
3
Lewis
1-15-4#
3
Paints, Ltd., 5% pfd. (s-a)—
Paper, common (quar,)
Year-end
11-29
12-1
25c
Leaf
(interim)
12-15
—
12-15
3
Extra
12-15
12-15
$1.0674
—
Maritime
3
—
(quar.)
1-15-49
1-
Canada, Ltd
12-
12-15
81
of
12-15
$1
$1
Co.
12-30
$7
$1
Leighton Industries, Inc., class A (year-end)
Refineries, Inc
10-30
1-
(quar.)
$2.50
$25c
t40c
preferred
11-30
11-30
12-10
—~
12-31
$40c
11-30
12-15
12-10
Products
Fink
&
Brothers, Ltd
Liberty Fabrics (N. Y.)
$$1.12 7a
-
12-15
12-15
12-
12-15
23C
12-24
12-20
(s-a)—
Quarterly
quar.)__„
2
12-28
Leonard
Ltd.—
-
1-
50q
Corp.
30c
.
B
Manufacturers Life Ins.
3772c
...
Wilkes-Barre
35C
(quar.)
$1.50
12-15
25c
—
Mapfls Consolidated Mfg.
$3.50
Realty
k
30c
(accum.)
Class
11-30
$1
Lefcourt
Lehigh
Leslie
Co.-—
11-30
5
12-20
1-3-49
13%C
...
Company—
47»% convertible preferred (quar.)
Mangel Stores Corp. (quar.)
Manhattan Financial Corp., class A (s-a)
11-30
1
1- 3
1-
12-22
12-
lc
$3
15c
(The)
12-22
......
Lawrence
1272C
12-17
12-10
Dye Works
& Sons, Ltd
Lawrence Portland Cement
377aC
—
12-4
12-23
—
(year-end)
12-28
12-
12-15
3
Bleachery &
12-28
12-15
3
2
1-
12-20
——
(extra)
7
7*
1-
12-20
t$l
—
—
Landers, Frary & Clark (quar.)..
7
1-
35C
}50<Y
4
20c
...
Maltine
"
$1.12 7a
12-
50c
common—.
12-
1
12-15
$25c
....
12-15
12-13
12-20
1-15
12-15
2&C
55c
10c
(quar.)
Co.
1-
12-15
.
Petroleum
$18c
...—
(Sarnia, Ont.)
~i
1-
1-28
1-1
12-15
1-1-49
$127aC
preferred (quar.)
Magma Copper Co..
Magor Car Corp. (quar.)
30c
Lane-Wells
tlV2c
(quar.)
international
Investment
Sessions
k
3
1-15
12-30
$25c
——
...
20c
-
common
—(
Year-end
Landis
15c
(Increased
&
Loan
6
$37720
Macy (R. H.) & Co
Mading Drug Stores,
20c
$1.06
$l27aC
$1
a—
12-20
12-10
MacMillan
1
11-30
Ltd.—
50c
——
Ltd. (quar.)
Laboratories, Inc. (initial)
Lamaque Gold Mines, Ltd. (irreg.)—
12-
12-
11-15
12-
12-15
■
....
(s-aj_
(extra).,
Export Co.,
2
12-15
1
11-30
30c
65c
B
12-10
11-
12-15
Co., Ltd.—
10c
(quar.)
Shore Mines,
Extra
Steel
Paper Co.
R.)
(quar.)
A
12-19
12-
12-13
1
$25c
...
(year-end)
25c
—
Ltd..
3m
11-30
&
(H.
Class
12-22
12-15
8*
8*
25o
$1.50
—
..
(quar.)__
Power
Class
12-22
12-
15c
(irreg.)—..
37 Vac
quar.)
Co.——
3
12-20
preferred
2
25C
(extra)
Steel
1-
$1.25
-
Metal
Co.'
(John)
1-
12-14
Structural
11-30
1-
12-15
$$1.25
Drilling
$1.50
Lake
1
12-21
&
12-15
10c
Extra
4Va% preferred (quar.)
International Minerals & Chemical Corp.—
International
3-10-^3-
$1
(quar.)
^
International
1
90C
-
Educational
Harvester Co.,
International
12-
1-
12-
12-15
677ac
1-31-49
20c
Mfg.,
$3
—,
(quar.)—-—
Co.
—
(quar.)
&
H.)
5%
Oil
MacLaren
1
12-15
12-29
25c
$1.12 7a
.....—
(quar.)
Lakeside
12-16
Machines—
Cellucotton
-
—
(quar.)
20c
com.
Ltd.
(quar.)
preferred
(increased
272c
—
(quar.)
Coke,
2nd
....
12-10
12-10
5%
&
preferred
International
Laclede
12-31
(quar.)
.
Special
Labatt
12-31
—
Special
International
12-13
12-13
Powders, Ltd.—
preferred
Special —
International
3
3
12-31
12-11
35c
(quar.)
common
47s% preferred A (quar.)..'
La France Industries, 4% pfd. (quar.)
Lamson
preferred
Coal
(S.
1-
1$1.25
12-11
25c
Company
....
—
participating preferred
Participating (irreg.)
7%
quar.)
preferred
1-
137 VaC
common.
3
12-
Sons—
$1.50
Mackinnon
3
2
12-15
2
Publications
Mackinnie
1-
12-
88c
;
.....
12-10
2
12-23
3-20
70c
.......
(quar.)_._—
(s-a).
Co—
Extra
MacFadden
12-31
12-
25c
(quar.)..,
—
12-31
25c
—
......
preferred
Royalty
1-15
45c
__—
(quar.).
Klein
(D. Emil)
Company—
Knudson Creamery Co., common
Koppers Company, Inc.—
4%
Lusk
&
12-
12-23
12-20
$4
...
11-30
43c
Kinney Mfg. Co., $6 non-cum preferred
Kirsch Company, $1.50 preferred
(quar.)
11-16
}$ 1.06 74
Ltd.,
&
Corp.,
RR.
Mortgage
(M.)
12-23
127aC
...
Lynchburg & Abingdon Telegraph Co.
Lyon Metal Products (quar.)
Maple
Kingston Products Corp. (s-a)—.
Kinney (G. R.) Co., Inc., common
Lambton
Telephone
dividend
International
$1.25
(Initial
preferred
$1.50
Nashville
1-2-49
4-1-49
—...
....
12-15
1-
12-7
12-27
$2
(quar.)
Exploration
Extra
2
55c
—z
conv.
,12-14
-
(quar.)—..
King-Seeley Corp., 5% conv. pfd.
Kings port Press, Inc. (quar.)—
12-Z7
$1,067.
1-
Wire—
&
(Walter)
Extra
k
12-30
....
(accum.)
Kimberly-Clark
Land
12-15
^
—
—
common
50c
(quar.)_
4
75c
(s-a)
Keystone Steel
Kroehler
pfd.
7
12 Vac
common
(s-a)__—
preferred
12-15
414%
Business
.
$4
$7
12-29
—
6% partic.
International
4%
1
12-
12-
25c
(quar.)__.^
Keystone Pipe & Supply, 5% preferred (s-a)
Portland Cement Co.—
25C
Copper (year-end)
(year-end)
Co.
(year-end)—
Bronze
.
12-
Corp.—
International
Common
12-15
1
Keystone
Kress
Consolidated
-Inter-Mountain
A
12-30
1
1
12-
12-15
$1.75
"B-l"
12-15
preferred
Steamship
Class
1
12-
12-15
Mines, Ltd...—......
4,K-2"
12-20
.
Iron
$3.50
3
Corp.
Interlake
Stock
2-
Copper
Common
(quar.)
Interlake
67c
12-20
12-
12-
4
12-15
•50c
& Company
Special
Series
25C
(accum.)—
Industrial Stamping & Mfg.—
Ingersoll-Rand Co., 6% preferred
*
12-30
12-13
$2
Tool
Co.,
dividend
Inspiration
Series
.(quar.)———
Louis)
Pneumatic
Water
preferred
Industrial
3
HOC
preferred
Stock
12-
$1
—
_
(quar.)
Industrial Bancshares Corp.
(
<
of Canada, Ltd.—
preferred (quar.)
Industrial Acceptance Corp.,
Industrial
12-14
125c
57c
4'/2%
1
1-
12-15
$1.12 7a
Year-end
—.
Indianapolis
5%
12-
-
„
—■
■Independent
f
12-15
$1
(accum.)_-_
—
.
Leasehold
Income
*
—•
.
12-15
3
1
12-13
(quar.)—
i
12 VaC
—
(James R.) Corp.,
(s-a)
Addison
Louisiana
MacMillan
preferred
Kennecott
11-12
1-
3
12-
25c
s
(Julius)
6%
11-12
12-13
Corp.—
Illinois Central RR.—
imperial Tobacco Co.
12-13
12-
$1.75
Kearney & Trecker_.
:
Kellogg Co., common (increased quar.)
Kelvlnator of Canada, Ltd.
(quar.)
Kendall Company, $4.50 preferred
(quar.).
12-10
$1.25
$6. pfd.
Products (year-end)—
Hygrade Food
8
12-10
50c
common—--
(s-a)
B
12-
35c
(quar.)
preferred
1
t$l
(extra)
Hydro-Electric Securities
*
1-
12-20
1
12-29
12-29
$1.75
Common
Company
Kearney
8
12-20
t$1.25
(quar.)—
Brick,
Press
12-
t$l
& Smelting (quar.)
Mortgage
12-24
1
70c
:
&
1-10
1-
50c
—
_-i—
Extra
Huron
175c
—-
Inc——
——
Hudson
25c
125c
Co., Ltd., common
Class A preferred (s-a)—
1-
$1.50
(quar)_,_^.._.
Co.
.....
10%
preferred
Kayser
12-10
—
3
$1
(quar.)_._.
common
Year-ond
12-31*
Felt
Hubbell
$4.50
12-31*
93 %c
12-
11-26
25C
...
Lowenstein
Gas—
Reyes Fiber, 6% prior preferred
Keystone Custodian Funds—
12-17
12-23
56 7» c
,
;
(Texas)—
Electric
Howell
■-
Co.,
...
Angeles Transit Lines
$1
dividend
Drug
Los
40C
Kerr
—
(quar.)_
common
(quar.)———
(quar,)_—
Co.
Katz
Natural
.
$1
3
"
Houston
Stock
12-20
1-
12-15
50c
—
—
Corp.,
3
$1
(year-end)
com.
(quar.)
Finance
preferred
Houston
$1.50
————
(year-end)
Inc.
pfd.
conv.
3%%
50c
(quar.)
1-
5
12-10
50c
474% preferred A (quar.)
Lowney (Walter M.), Ltd—
;
Ludlow Manufacturing & Sales...
Ludwig Baumann & Co. (see Baumann,
Ludwig).
2c
(quar.)
.......
■
8
30c
■
—
(quar.)—
common
1-
12-10
12-23
62 Vic
....
1-14
1
12-23
12-13
62 ViC
(quar.)
2-
15c
(quar.)
<quar.)__
Kansas-Nebraska
2
(initial)..
Co.
Parchment Co.
Electric, common
$6 preferred
(quar.)
7%
preferred (quar.)
Kawneer
Corp., 6% pfd.
(year-end)—
Household
i
11-24
$1.0674
_
Bearing Co
Houdaille-Hershey
-
12-15
Co.—
Gibson
Common
Hotel
12-11
—
Hoskins
Hotel
12-17
12-20
(Frank
Horner
1
$2
preferred (quar.)———
Inc. (year-end)
'
W.), Ltd., class A (quar.)_+
Manufacturing Co.
(year-end)
47a%
Horder's,
...
&
—
12-20
25c
—
(quar.) j
preferred
2nd
conv.
11-10
50c
Corp.—
preferred
12-
12-15
12-31
12-31
$1
Kansas Gas &
12-7
(quar.);———
Electrochemical
Hooker
■*
Ltd.
Co.,
•
(Brooklyn, N. Y.)
(quar.)—
Co.
Mining
Honolulu
12-21
25c
——-—--
Co.
12-17
1
25c
75c
Co
1-
1
12-10
..28 66/lOOc
Extra
1
$2.25
City Public Service Co.—
(accum.)
City'Southern Ry., com. (resumed).
preferred
preferred (quar.)
Angeles Investment
11-30
12-20
preferred
4%
7%
Los
Title
5
2
$1
;
&
65C
(quar.)_.__
common
Extra
Loujsville
1-
12-10
1-
$1.60
(quar.)..
Louisville
2-
12-15
2
25c
(quar.)
1-18
2-
12-10
1- 6
1-
$1
preferred
11-30
$1
12-31
877ac
...
preferred
Co.,
1
20c
12-10
noc
.....
preferred
(P.)
3
12-14
$1.25
(quar.)
(quar.),
convertible
1-
12-10
12-3
*15c
convertible
2-
87 VaC
.
________
Manufacturing
Kansas
12-29
,
(quar.)
12-10
2-24
12-30
12-31
..........
12-14
20c
50C
Justrite
$1
—
12-20
933/4C
B
12-10
5%
j—
Home
preferred
12-10
■
(quar.)_._i._——
preferred
$4
preferred A
12-24..
To.—
60c
(quar.).,
11-24
15c
.....
(quar.)
'
Corp.
2-24
12-10
8-10-40
t$l
Ltd
Ltd.
5%
Extra
Oil
12-20
1
12-15
-
50c
.
12-31
12-20
8-10-49
50c
6%
11-30
$1.25
'
Joslyn Mfg. & Supply Co., torn.
4^% preferred (s-a)
16c
—-
Quarterly
3
Cement
convertible
Lorillard
11-30
Extra
Hollinger Consolidated Gold Mines, Ltd.—
>
3
1-
75c
50C
—
1-
XlV4%
common
50c
(extra)—-.
(quar.)
——-—
11-30
11-30
XlV4%
Refining
-j
Jones & Laughlin 8teel, common (increased)
5%
preferred A (quar.)
Joseph & Feiss Co. (quar.)
■
3
30c
4%
Johnson
6
$25c
30c
50c
—
Paper
3
$1
—-—
Dauch
&
1-18
1-
11-30
1- 3
Lorain Coal & Dock—
11-30
11-30
Extra
12-21
1-28-49
30c
(year-end)
Inc.
12-31
25c
9
3
12-16
37 Vic
.........
....
Star Gas Co.
$1.20
11-19
1-
3
(quar.)^L^
preferred
12-
3
12-15
■
Star
12-15
500
....
Mills,
.■.»
12-15
12-22
60e
.....
Theatres,
Corp,..'
:
j
12-15
12-31
$1.10
Long-Bell Lumber (Md.), class A (accum.)
Long-Bell Lumber (Mo.)
(year-end),..—.
Longines-Wittnauer Watch Co., Inc.—
9
1-
Johnson & Johnson, com. (increased
quar.)„_
4%
25c
_
Appliances,
Company,
1-
1
12-
12-15
Corp
(quar.)
Year-end
Lone
12-14
xl34%
Year-end
3%%
12-10
12-20
Hinde & Dauch Paper Co. of Canada, Ltd.—*
,
Jewel Tea
12-10
12-20
—
Monthly
Hignway Saiety
x$$1.75
(quar.)_
Jamaica Water Supply
$5 preferred (quar,
Spencer, Bartlett & Co.—::
Monthly
Hinde
\12-20
50c
:—_
'
'■
11-26
$3.50
—;
preferred (s-a)
Hewitt-Robins, Inc.
(quar.)
Hibbard,
12-22
12-
2,
Aircraft
(Marcus)
Extra
Lone
11-30
1-
$7c
D
■
1
12-15
$25c
(quar.)
(quar.)
C
34 %c
7%
Ltd.-__
Public
B
12-
12-15
$1.50
4
50c
12-15
:
12-
—
12-15
1
75c
3
8
2
1-
common
1-
(year-end) —.1—i
Chocolate Corp. (extra)—.
Creamery Co. com. (quar.)
1-
12-15
20c
40c
Corp._
12-15
827aC
Service, Ltd., com. (quar.)
preferred A (quar.)_^„____
Powder
2
37 Vac
Jamaica
12-
(quar.).—
1-
12-31
3
$1.50
—
Guaranteed
Hosiery
11-30*
127ac
(quar.)....—
Special
Candy
12-15
377aC
...
12-11
London
12-15
75c
Co.—
12-11
Loft
(quar.)
Island
3
12-23
Inc.
12-
12-29
20c
O/iglnal capital
Special Guaranteed
93 %C
pfd.
12-10
1-
12r23
25c
12-10
43 %c
1
12-15
;
1
(quar.)
12-
2
(quar.)l^-
(quar.)
1
25c
pfd.
12-15
$1.75
pfd.
1-
(quar.)_^___
par
Co., 5Va%
(C. J.)
Little
1-
(quar.)
Light, 3.30%
Public Service, common
3.75% -preferred (quar.)
"
Hendry
1
$1.62 7a
1-
60c
12-10*
RR.
11-30
12-13
11-30
25c
12-
Miami
12-13
177ac
....
11-30
877ic
(quar.)
12-20
Loew's
&
*
12-15
12-10
Power
A_
11-30
12-13
25c
Liquidometer Corp. (year-end).
Lit Brothers, 6%
preferred (quar,).
$1.50
a_
45c
—
-
1
12-24
preferred
—
(initial)
new. com.,
12-
class
convertible preferred (quar.
(Thos. J.), Inc., 6%
pfd.
51c
6%
■
com.
Iowa
12-31
12-15
$1
12-13
50c
i
Lipton
$1
;
$1
91V4c
.■
1
(quar.)
12-13
37 «&c
;
...
25c
—
(quar.)
12-
Loew's,
Iowa
35c
(year-end)_
Corp.
J.) Co.,-common
preferred
(quar.)
12-23
Lockheed
1
12-
12-15
1-14
12-15
12-15
6
11-30
12-31
Co.
12-15
12-
12-15
Lipe Rollway Corp.
Oil
1-15
12-
1
Lion
1-15-49
12-15
12-
12-15
$75c
12-15
11-15
12-31
Co..
Match
t50c
7%
12-15
Lion
50c
preferred
12-23
12-15
12-16
50c
(quar.)
Foundation, Ltd.,
convertible
12-17*
25c
12-16
12-27
$1.25
:
1- 3
50C
(H.
3.65%
America
-
1-
43 %C
^—
12-27
(interim)
.
(accum.)
6
(quar.)_.
Investors Management Fund, Inc. (year-end)
Iowa Electric Light & Power Co.—
6%
25c
(reduced)
Publications,
"A"
of
tquar.)
6preferred (quar.)
3
12-
When
Holder4
Payable of Rec.
37T»c
...
60c
75c
Brewing___
(G)
3
12-20
(quar.)
participating preferred (quar.)
Participating
7% prior preferred (quar.)
Lindsay Light & Chemical, 7% pfd. (quar.)
15c
30c
Co
Hein-Werner
Heinz
12-11
12-
Common
6%
12-10
1
30C
*
Investment Co.
25c
preferred
Mining
12-11
2
12-23
6
7*
1-
30c
*
Co
•
Investment
1212-
Share
55
(Washington, D. C.)—
40c
Power
1
12-11
2
12-15
(quar.)—
8tores
Consolidated
7%
1-
.
Company
$1.20
quar.).
Year-end
$1
—
*
•
12-
1-
(initial
12-15
12-22
5c
Corp:
.
Year-end
7
$1.25
(quar.)
(quar.)
Corp.
Department
Hecla
12-15
t20c
'—
2nd issue
pfd.
preferred
non-cum.
Hazel-Atlas
Hearn
5%
Tobacco, $4 pfd.
12-
tlOc
—
Hart-Carter
Hartman
11-24
12-21
40c
Co.
(quar.)
Ltd—i_—
12-17
40c
(s-a)
Harrisburg Steel Corp. (increased quar.)____
Co.,
1
$1.25
433/4C
(quar.)^_
Company (The), com. (interim)
5% prior preferred (quar.)
*
Interstate Department Stores (quar.)
Interstate Hosiery Mills (quar.)
Interstate Natural Gas., Inc
12-23
107*
pfd.
Machine-^—^
&
Bakeries, com.
(quar.)
12-23
1-
7%
Name of
$1.25
(year-end)
Co.,
preferred
$1.25
(quar.)__;
1—
Chemical
$4.80
Silver
Per
Payable of Rec.
Lincoln Service Corp.
Interstate
15c
common—
(quar.)
Harrisburg Railway Co.
6
12-15
3
65c
UOC
~
—
dividend
Battery
1-
$20c
i
issue
I-
1-20
$1.50
—
preferred
Hart
International Staple
12-22
(quar.j
com.
preferred 2nd
Harris-Seybold
Co.,
Haishaw
8
25C
Interstate
;
5%
$5
International
12-13
:
———,
Stoek
International Salt Co.
3
1-3-49
Co
Ltd
Extra
»
12-14
12-
1-3-49
$3
(quar.)—i...
Harnlschfeger Corp.
*■
12-14
$L12Vi
(2479)
Holders
When
Share
International Railways of Central America—
5% preferred (accum.)
Refractories—
Carpets,
; Extra
.
Name of Company
.
$1.06 V«
—
(quar.)
Winkle-Munning
preferred
Harding
I
.
Company (year-end
Harbison-Walker
6%
<
CHRONICLE
Per
Payable of Rec.
♦
Hammermill
FINANCIAL
Holder i
When
Per
&
7%
At
Thermit
preferred
Corp.
(quar.)
Metropolitan Building Co.
(quar.)
Name of Company
,
.
Extra
97%c
$1.08%
20c
(quar.)
Products, common
(quar.)—
Midvale
Midwest
Oil
Co.,
—
12-15
37Vic
37 %c
37%c
25c
25c
Common
(quar.)
Common
(quar.)
prior preferred (quar.)
> $1 1 prior
preferred > (quar.),—_•
$1 prior preferred (quar.)
$1 prior preferred
(quar.)
Miller Manufacturing Co.—
Common
(increased quar.)
Class
A
(quar.)—
Miller-Wohl Co., common (quar.)
$1
>
—
(quar.)
Public Service
B
Motor
National
Pressure
Cooker
11-30
National
Radiator
1-2-49
Co.
National Standard Co. (quar.)
National Steel Car Corp., Ltd.
12-20
4-2-49
3-20
-
7-2-49
Special
8-20
1-2-49,
Year-end
12-20
4-2-49
6-20
National Sugar Refining
9-20
National
12-29
12-18
1-15
1-
(quar.)
National Tea, common (extra)
4'/4%
preferred (quar.)
3.8%
preferred
(quar.)
National Transit Pump & Machine Co
Nazareth Cement Co., common (year-end),
5
1-
3
12-17
1-
3
12-17
12-20
1-
3
12-
4
12-20
7%
12-20
12-
6
12-15
12-
6
12-20
12-
6
15c
$1.15
20c
25c
l%c
3
12-15
1-
3
12-15
12-15
11-26
New
12-15
11-26
New
12-
1
12-15
11-15
12-15
12-15
11-15
——
(quar.f—-r---—
preferred
6%
'
-
1-
1
New
12-13
New
12-
12-20
New
12-31
New Jersey
1-
12-31
1-
3
7.
12-20
1-
2
12-16
N.
1-
3
11-30,
1- 3
1-3
f
,
'
11-30
12-17
12-15
12-
5:
.
12-15
-
12-
1
.„
1-
—
Montreal Refrigerating
Common
5%
(year-end)
Moore- Corp.,'Ltd., common (quar.),.
Co.
Extra
—
—
preferred (quar.)—,
x
——
preferred A (quar.
7% preferred B (quar.)
,,,,
Moore
Drop Forging,
common
(quar.)
4%% convertible preferred (quar.),,
Moore-McCormack Lines (quar.)
4%
Morris
MOtor
Motor
P.)
(J.
Morgan
Products
Motorola,
Special
Mount Vernon-Woodberry Mills,
Hew common
(initial),-—
Inc.—
preferred (s-a)
$6.75 prior preferred
Producers
Mountain
•
5%
New
Extra
2
12-
2
preferred
Co.—
1-15
12-
3
1-
1
Niles-Bement-Pond
12-
1
Noblitt-Sparks Industries,
1-
12-
1
1-
12-
1-
12-15
Year-end
12-
1
12-20
12-20
1212-
System, Inc., common
6%
preferred (quar.) —
Mutual Telephone Co.
(Hawaii)—
4.80% Dreferred A (quar.)
•
Myers
:
North Central Texas Oil Co,
Northern
Northern Indiana
.1- 3
12-15
11-15
Hachman
North
&
.
National
Aviation
Nutrine
12-24
Oak
12-28
12-24
Ogilvie
12-15
12-28
- 1-15
1-15
11-26
Ohio
12-
National
1
.
Biscuit
12-31
Breweries,
Cash
Register Co.
dividend
Stock
common
—x_—
12-15
12-17
12-10
12-15
12- 7
12-15
(Detroit)
1- 1
12-21
12-23
12-24
12-22
12-10
2
Match
7*
7*
12-10
Ohio
12-10
$5
12-21
12-10
Ohio
12-20
12-
6
Old
12-20
12-
6
12-31
12-15
12-15
11-30
Water
Omar,
United
12-15
11-30
6%
11-27
Oneida,
6%'
12-lB
$1.50
;
$2.50
,
12- 8
12-16
12- 5
12- 3
3
3
12-
3
12-15
12-
2
12-27
1-
Ontario
1-17
2-15
1-17
12-13
11-18
75c
12-20
12-10
50c
12-21
12-
7
25c
12-15
12-
3-yr
12-15
12-
3
IOC
12-15
12-
1
12-15
12-
1
(quar.)
Corp.——
(N. Y.)
;
40c
».•
.
(s-a)x.
1
40c,'
-
$5.50
30c
-
.....,
60c
{
53c
,
$1-
50c
1-15
10 c
12-20
;—
3
12-10
12-24
12-15
12-
(quarj,—
50c
12-15
12-7
25c
12-21
12-
45c
1-
1
12-16
be
issued,
the
in
in
but
80c
shares
thereof
lieu
of
amount
x—<—
share
a
5%
Pioneer
Pitney-Bowes,
3
12-15
12-
12-20
12-10
SOc
12-20
12-
2
22 %c
12-20
12-30
12-14
45c
12-29
12-10
12-29
12-10
93 %c
1-
1
12-20
$1.50
1-
3
12-16
1-3
12-14
12-
8
12-15
12-
;
$1
12-24
12-
8
1
Plough,
1
12-15
50c
12-15
12-
12-31
12-10
3
12-15
25c
12-22
12-10
12-22
12-10
Polaris
$1.25
12-22
12-10
Pond
1
12-14
Porter
(H.
12-20
11-30
Porter
(H.
Inc.
3-21-49
2-28
Portland
5-31
Potomac
12-14
11- 5
12-14
11-
3.60%
5
Powdrell
12-15
Powell
3
Co.,
(quar.)
12-10
6%
1st preferred
6%
non-cum.
12-20
12-10
Pratt
Preston
12-20
SI
12-31
12-20
Price
$1
12-17
12-
10c
$1.50
12-31
12-10
131%c
12-15
1-15
3
&
12-31
1-20
12-20
11-
12-20
11- 5*
12-23
12-
9
12-15
12-
9
10c
12-15
12-
1
12-31
12-15
12-15
$1.50
12-23
12-15
22 %c
12-27
1-
12-
3
12-
3
12-15
12-
1
$40c
12-15
11-24
$65c
—
2
25c
(quar.)
12-15
11-24
12-31
11-19
1-15
12-20
1-
—
(quar.)
preferred
$81.50
Co.,
Co.,
5%
pfd.
Ltd
4%
?75c
1-15
1- 3
12-20
12-31
12-10
$1%C
1-15
12-15
—.
!
Ltd
(s-a)
$$2
$3c
preferred
Washington
Paper, Ltd.,
(quar.)
Insurance
4%
$1.25
1-
2
12-
1-
6
12-10
12-16
12-
1
6
3
*30c
12-24
12-24
12-
3
$50c
(quar.).
pfd. (quar.)—
Public National Bank & Trust
,
Quarterly
"
12-20
75 c
(quar.)—
20c
Provincial
12- 2
125C
5*
3
62 %c
45c
partic.
Mines,
Providence
2
Ltd.—
Participating convertible preferred (quar.)
12-15
1-20
'
$35c
common
Inc.—
Dome Mines,
East
Bros.
Prosperity
12-10
12-
12-10
3
1-
12-15
12-
4
12-
12-31
J37%c
(quar.)—
(interim)
Proprietary
12-31
12-13
12-23
$1
Lambert,
12-10
+75c
12-30
of Canada, Ltd.—
12-31
■
11-29
11-15
5c
—
Corp.
&
11-29
12-21
12-15
50c
—
(quar.)_
(quar.)
(quar.)
Ltd.
37 %c
of America—
20c
12-21
6c
(quar.)
Alexander, Inc.
11-22
preferred A (quar.)
class B (year-end).,
12-10
11-24
10c
—
(Mass.)
(Penna.) 5% pfd
Mills, 6% pfd. (quar.)—
Woolen
Common
12-10
4
50c
preferred
River
1-
12-15
$1
Inc.
Electric Power,
&
3
15c
Co., Inc.
2
:
12-10
1-
60c
,
Extra
Power
Co
12-29
$5
Pocahontas
K.),
12-14*
12-10
$1.75
(quar.)
Minig Co.
K.)
12-14*
12-29
2%
(quar.)—
Creek
7
6%.
dividend
Stock
6-20-49
1-
12-20
1-
$1.75
Plymouth
25c
$1.25
1- 1
12-24
■-
30c
Cordage Co., common
Employees stock
Plymouth Oil Co. (cash dividend)
10c
12-
(quar.),.
11-29
15C
8
12-
1
12-13
25c
;
12-
12-15
3
11-29
Pittsburgh & West Virginia Ry. (resumed)—
Pittston Company
(quar.)
—
—
Pleasant Valley Wine__x—
—^
12-24
$1.40
1-
12-
12-13
15c
——
50C
(quar.)
12-17
12-15
60c
x—
—
—
12-17
1-15
1-
53 %c
(year-end»
Pittsburgh, Fort Wayne St Chicago Ry.— Common
(quar.) __x___;
—*
—
7% preferred (quar.)
Pittsburgh & Lake Erie RR. (irreg. 1
Pittsburgh Screw & Bolt (quar.),,,.—
Extra
12- 7
12-27
15c
Forgings Co
__x
Stock dividend at the rate of 6/100ths of
one share of each one held—
1
12-17
12-27
15C
Pittsburgh
11-24
12-10
30c
(quar.)
St Chemical
—
12-20
$1
—,,
Extra
2
12-15
40c
(quar,),
common
preferred
3
12-
1
25c
:
4%%
12-
12-14
20c
$4 preferred (quar.),
Suspender Co. (quar.)
Pittsburgh Coke
12-14
12-14
93 %C
Mills,
Inc.,
1-3
50c
20c
Year-end
12-14
22 %C
Extra
PiUsbury
11-22
7%
Corp. (special)—
——
Phoenix Hosiery
Co
—_—
Pierce
Governor Co.
(quar.)*——
.
11-22
12-31
75c
—
(quar.),,
A
1
12-31
25c
(quar.)
Corp., common
dividend
preferred
12-
30c
Stock
3%%
11-19
*
be
12-27
3
12-15
12-15
-
$1
*
12-10
1
fractional
(No
Increased
11-30
V
i
•'
12-24
1-
1-15
1-
1
12-11
1
$1
—
dividend
12-27
97 %c
1-
$1.12%
-
7
1
1-15
(quar.)
1-
12-15
$1.12%
Beauty Supply Co.,
,__J
(quar.)
f
12-15
20c
20c
,
...
..
1
12-ie
1-
.
1-
12-10
12-23
25c
12-10
37 %c
*
'
.
12-22. 1
$1.50
paid.)—1
Philadelphia Electric Co., com. (quar.)
$1 preferred
(quar.)
Philadelphia Reading Coal & Iron-
12-21
3
$1.25
:
12- 6
$1,12%
will
1
3
1-
12-15! '*
12-27
1
6
1-
$1.10
3
12-
12-20
——J
12-15
1-
12-
2
———
12-15
3
3
Stock
1-
3
11-30
1-
V
3
will
1-
12-15
12-3i:
.
1-
cash
20c
12-10
1-
9
$25C
.
12.-10
12-13
9
$25c
12-10
1- 3
1- 3
$1.25
;
/.
12-10
12-20
X
$1.12%
i
.
12-10
1
$1.50
1-
.
1-
)
12-10.,
12-20
; i-< 1
$1.25
.
"i-
12-31
75c
Filters,
preferred
2-15
$$1.50
$1
12-
12-23
6
$75c
SI
12-15
Corp,
1-
2-
7
$1.25
11-30
(quar.),
(quar.)
pfd. (quar.)
Ltdy. common
12-15
87 %c
12-20
Inc;, common, (quar.)
—
preferred (quar.),————
12-15
11-26
1-49
50c
(quar.)
20c
4%
11-30
12-14
,
(quar.)
Bourse
2
common
Extra
Oliver
11-30
12-15
70c
(quar.),,—
(Chas.)
Philadelphia
1
1-
—
Olin Industries,
25c
1- 2
12-
12-20
common
Service
12-15
$1.03%
62 %C 1-
America
St Co., 3%% pfd.
12-20
—
common
Life Insurance Co.
Line
Quarterly
11-30
of
Corp.
$4.50
com.,,
(quar.)
preferred
.12-15
Philadelphia Company, $3 preferred (quar.),
•6
preferred (quar.)
—
Philadelphia Dairy Products—
$4.50 1st preferred (quar.)__
$4 non-cum. 2nd preferred (quar.)
11-29
12-15
Holding—
Service
12V2c
$1
Petroleum
25c
non-cura.
Co.
preferred
4%%
12-17
1
1-
3
12- 6
—
(quar.)
Company
12-17
25c 2-15-49
common
15C
(year-ecd)
Public Service, 3.90% pfd.
Seamless Tube (irreg.)
Ohio
1-15
12-
12-17
Co.,
40c
Oil
Ohio
12-
25c
'
Co.,
1
12-28
(quar.)
common
Company
Milk
12-
20C
common
Co., 5%
1
12-
(quar.)
Stove
12-27
87%C
Extra
12-
12-31
Pet
25c
50c
(quar.)
tie non-cum. 2nd preferred—
tie non-cum, 1st preferred
$40c
Common
Ohio
1-14
1- 3
1- 3
$1.75
12-15
Pfizer
,
common,,
preferred
prior
5%
Ohio Leather
12-
Phillips-Jones
A
(quar.)
Ltd.,
Co.,
12-15
$35c
Engineering
$4.12%
:—.■
preferred
3
7
12-31
$20c
common
(quar.)
Corp. (year-end)
Permutit
3
12-13*
25c
class A
Co.,
Finance
4%%
25c
Natidnal City Lines, common—
/ $4 preferred A (quar,),,—x—
Ohio
1-14
50c
; Extra
$1.06%
12-15
12-
11-26
12-20
preferred
12-
12-
12-15
(quar.)
Ltd.,
Perfection
12-15
(quar.)
Edison
4.40%
10%
(quar.)
11-26
15C
r.—
Preferred
40c
$50c
$43c
(quar.),
,12-15
Co
Co.,
12-24
20c
—
preferred
Philco
Public Service Co.,
Confection Co.,
Qhio
"
40c
(initial)—
National Casualty Co.
Erie
12-27
20c
(year-end)
;
National Casket Co., $7 preferred
National
11-23)
25c
preferred
National
12-12
1- 3
93%c
—_
12-10
Corp
Mills,
Flour
Brass
Ohio
12c
75c
common—
1-2-49
50C
■
Qlass- ,B
v
12-31
40c
Ltd., common
(quar.)
_
National Can Co. (resumed)
National
New
12-16
RR.—
Co.,
$1.12%
Greyhound Lines—
3%%
preferred (quar.)
Northwestern Telegraph (s-a)
Nova Scotia Light St Power Co., Ltd. (quar.)
Candy
1-15
5c
Telephone, $2.10 pfd. I quar.)
Pennsylvania Water & Power, com. (quar.). ;
$5 preferred (quar.)
Peoples Drug Stores (increased quar.),,,— .
Peoples Gas Light & Coke
;
Pep Boys (The) (irreg.)
Perfect Circle Corp, (quar.)——
5Cc
1—
Manufacturing Co.
12-23
2%c
Pennsylvania
Northland,
Ohio
Special
7%
$1
25c
$1.50
4c
37%c '
(irreg.)
12-10
2
12-
10c
Corp.
12-15
1-1-49
15c
12-15
12-20
Automotive
*1-3
(quar,),,,
Refractories
Illinois
(quar.),,
Pennsylvania Power St Light, common
—
4%% preferred (quar.),,,——_________
Pennsylvania Salt Mfg. Co——
—
1
$2.50
convertible preferred (quar.)
4y»% preferred (quar.)
—
Northern Natural Gas Co. (increased)
1-2
12-28
(s-a)
Securities Co., Inc. (Md.)_
Fibres, Inc. (extra)—
National
12-
Corp.—
i
50c
50c
guaranteed
IY2 %
Hation-Wlde
1
.
American
12-10
(quar.)
Decatur
—
Extra
1- 3
(quar.)
1
12-
"
11-15
12-20
Corp.
Namm's, Inc.
Nashville
B
Class
1-2-49
50c
Telephone Co.—
(quar.)
75c
12-13
;
12-16
$1
Pennsylvania: Glass Sand Corp., com. Xquar.),
5% preferred (quar.)
—
Pennsylvania Industries, Inc.—•
.
1
$6 preferred
(accum.)
12-10
v
Investment
11-30
North
12-13
25c
& Bros. Co.
12-
3
93 %c
'5%%
.
12-13
$1
(F. E.)
12-15
$4.50
—
preferred (accum.)
preferred
(accum.)
American Raycn, class
6%
,
11-26
$1
Pennsylvania Exchange Bank
25c
11-30
12-13
12-17
Extra
12- 3
/ $1.50
quar.),.
preferred
80c prior preferred
1- 3
.
11-24
12-17
40c
7%
12-17
12-17
."—J
6
12-
12-15
1-
(quar.)
12-27
,
12-15
30c
(quar.)——
common
Brewing, 5%%
pfd. (accum.)
& Ford, Ltd.
(year-end)
Pennsylvania
Corp.—
12-15
$1
12-15
75c
Co.—
(quar.)
7
Corp.
preferred
35c
35c
20c
*
12-
12-
American
12- 7
Line
1-
30c
12-15
2
12-15
12-13
7
1- 3
75c
6
12-31
Pennsylvania Coal & Coke,,
Pennsylvania-Dixie Cement Corp.
6
12-24
25c
r
2
12-15
1-
.;
<
12-15
1-14
12-10
12-31
93 %C
1
12-31
$1.50
12-15
12-16
1-
12-
2
$45C
3
11-25
6
12-20
1-
$2.50
12-31
12-
Finance
12-15
12-15
$37
Pennsylvania Bankshares & Securities
Corp.
(year-end)
'
12-15
Car
12-15
2
3
$1.50
Pennroad
12-15
convertible
2
1-
1-
50c
(s-a)
12-15
12-
1-
25c
.
.
50c
$6
40c
$2
12-17
(quar.)
preferred
II
$$1
North American
12-17
(quar.)
preferred
,
12-17
12-30
(year-end)
dividend)
Pictures
;
1
12-30
6%%
Ltd.
Companies,
Penman's,
5
..
Ltd.
12-20
12-20
12-20
12-20
12-15
12-15
12-15
.x_:
1-
37 %C
40c
Mutual
12-31
1—_
$1
75c
$1.18%
>
12-17
1-15
15c
(year-end)
Co.
American
-
—
12-23
Inc
(increased
Corp.
Electric
Nopco Chemical
Noranda Mines,
12-
$1
Pipe
(cash
Common
20c
-
4%%
x
1
7%
Penick
12-20
Noma
1
.
Muskegon Piston Ring Co
—
Mutual Chemical, 6% preferred (quar.)
12-
—
worth
(increased quar.)
4%
preferred (quar.)
Murray Ohio Mfg. Co. (quar.)
12-15
\
>
12-15
3
12-30
-
Transportation (quar.)
Manufacturing Co., Ltd.,
Peller
(interim)
Norfolk Southern Ry. Co. (increased quar.),
12-15
1-
Eastern
40c
25c
-
6
Extra
12-10
x
Common
12-
$40c
1-
-
Munsingwear, Inc. (year-end)—
—
Murphy (G. C.) Company, com. (year-end)
4%% preferred (quar.)
Murray Corp. of America—
j
'
Paton
3
12-15
1-
12-15
$1
(irreg.)
preferred (quar.)
5%
5c
Year-end
1
12-
12-20
,..25c
11-27
1-
1-1
•
$2.50
Parmelee
1-
-■»
.
62%c
„
11-27
3
12-11
Park Chemical Co., common
4
6
1-
12-23
"f
$4
(quar.)—
Paramount
2-
1-14
11-24
50c
—
—
Express
Tubes,
preferred
12-
1-
i"
Co.
4
50c
Share Corp., class B (irreg.)
Niagara Wire Weaving Co., Ltd. (quar.),,.
12-15
1-
$3.50
$3.37%
quar.)
2-
1
12-
(quar.)
preferred
4%
7.
12-15
—
preferred (quar.),
Mfg., Co., 5% preferred
4%
12-
12-15
37 %C
;
(s-a),
Co.
preferredx,,
Telephone St Telegraph Co., common
Paraffine
11-30
.
•
(s-a)_,
12-16
11-30
American Co
1
12-13
12-13
12-14
10c
Mills
12-15
Yoar-end
North
$2
Common
5
Niagara
12-11
(s-a)
^(initial
common
12-
12-16
,
(s-a).,^^
Manufacturing
Mullins
12-16
12-16
Co.-—___
Brass
12-
11-30
Brewing Co., com. (s-a),
participating
Mueller
3
2
1-
12-29
Extra
Muehleback (Geo.)
12- 3
North
7%
.
1- 2
12-30
„
12-13
•'
12-6
1
1-
50c
I
12-15
1—-—-—
12-15
,
2
3
6
—
—
common—
Intermountain
2-15
$1
75c
preferred (quar.),
—
Newport Industries, Inc., common
preferred
(quar,),,.
——;—
4V*%
Newport News Shipbuilding & Dry Dock Co.
$1.25
50c
,—-.-,—7
—
Panhandle
7
.
share.
30c
Year-end
12-15
2
12-
Inc.—
1st preferred
2nd preferred
Indemnity
12-21
$1.12%
3%%
(quar.),,—25c
X
25c
Inc.
3
1-
Newport Electric Corp.—
12-15
Corp
1-
12-15
Co.
$2
59%c
Company
&
Page-Hershey
1-
1-1
15c
Pacolet
11-30
Y. Chicago Si St.
37%c
Paper Mills, 4% % preferred (quar.),
Finance, $5 preferred (quar.),,,
11-30
12-17
V
12-31
25c
t$1.75
t$1.75
15c
59%c
.
7%
11-30
12-14
■■
$95c
$$1.50
$50c
$75c
145c
—
Telegraph
■
& Storage, Ltd.—
preferred
Montreal
11-15
12-15
1-
8
$15c
15c
Pacific Portland Cement,
'
$70c
„
——
1st
12-15.
.
.
———x
2
1-
share plus this dividepd—,——43c
Locomotive Works, Ltd.—
„.
Increased quarterly —_
130c
Extra
12-17
,12-15
per
Montreal
1
Auction
York
New
12-10
• *J
—
.
York Air, Brake Co.
New
1-11
12-20
Extra
—
(special) wwrttrwyrfx
(qua/J^——
Louis RR.—
.11 6%
preferred A (accum.)
New York Hotels Statler (year-end).
—
New York & Harlem RR. (s-a),—,-,,,,--.
New
York State Electric St Gas Corp.—.
3%%
preferred (quar.)
$4.50 preferred (quar.)
Newmont Mining Corp.
(year-end),——_
Stock dividend (One share of Hudson Bay
Mining
&
Smelting capital stock for
each 25 shares held).. Fractions will be
paid in cash at the rate of $46.75 per
12-15
J50c
Molybdenum Corp. of America
12 %c
Monarch < Knitting, Ltd., comintn...(.quac.j„„.,.. 125c
4%%
preferred (quar.)
$$1.12%
Monarch, Life Assurance Co.. JWipnipegj.— ..
v Semi-annual
,
p.-*-****.-,.
$$1.80
Monolith Portland Cement, pfd. (accum.),.
50c
Monolith Portland Midwest—
>
8%
preferred (quar.)x
1 50c
Monroe Auto Equipment, 5%
pfd. (quar.)62 %c
Monroe Chemical Co., $3.50 pfd. (quar.)—„
87%c
Montreal Cottons,
Ltd., 7%
pfd.
(quar.)
$43c
7%
preferred (final) entire issue being
'*■
called for redemption on Dec. 31 at $40
Pacific
12-15
Co.,
Extra
Pacific
12-15
pfd, (quar.)
Power & Light, 4%
New .Jersey Zinc
(year-end)
New Park Mining Co.__
11-2.7.
3
12-15
12-14
Telephone & Telegraph
f * $1.-25
Hampshire Fire Insurance Co. (quar.), •
50c
Haven Gas Light (quar.)
40c
Haven Water Co. (s-a)
—
$1.50
.7.-1-10,
82 %c
«
3
12-24
12-22
1-15
England
New
,
•
'•
(initial),,
England Fire Insurance Co. (quar.)
England Gas & Electric Association—
4%% preferred
(quar.)
——>
New
—
Co., Ltd—
(Robert)
Extra
(quar,),
New
12- 3
Pacific
12-15
3
1-15
25c
tl3c
tlOc
13c
(quar.)
Co.
Mines, Ltd.
Calumet
New
12-15
12-10
1- 3
15c
(accum.)
Brunswick Telephone Co., Ltd.
3
1-
non-cum.
Peninsular
Machine
Britain
$4
12-22
Co.—
Mur
participating class
$2
12-1
20c
25c
(Herman) Corp
Nestle-Le
1-
$25c
125c
Mobile & Birmingham RR., 4% pfd .(s-a)_
$2
Modern Containers, Ltd., common (initial)$50c
Class A
——125c
Mohawk Carpet Mills (year-end)$1
MOjud Hosiery Co., common .(special),—, 20c
Molson's Brewery, Ltd. (extra) —»,
$25c
Extra
Mitchell
preferred (s-a)
Bros., Inc. (quar.)
non-cum.
12-27
8
12-
Co
$5
12-2Q
$1
$3.50
20c
Extra
Products
Pacific
12-22
6%
6.
12-
'
.12-20
Pacific
12-
2
1- 2
50C
:
3
Coast
,
1-
Co.
(quar.),,,
$1.50 preference
Pacific Clay
12-20
$1.50
(quar.j
$$1.25
Investors,
(year-end)
12-31
15c
Neisner
Nelson
1- 5
$1.12%:
Fisheries
American
Common
12- 3*
2-15
12-15
1-
$1.25
Pacific Atlantic Telegraph
1-
1
Inc
Sugar Plantation
Pacific-American
$1,12%
50c
53y«c
47y2c
preferred
Paauhau
12-li
1-
12-10
(quar*),.
Co.,
12-15
25c
Extra
4%%
1-10
Brush
Fibre
1-3-49
1-
1-14
12-20
(quar.),,.
1-3-49
40c
(increased quar.)
Supply Co., com.
Ox
1-14
2-15
$15
Light, Heat & Power Co., Ltd., com.
preferred
Pacific
$1
$1
10%
50c
—
5%
2-15
t25c
$25c
preferred
6%
Ry.
12-lfc
1.-14
————-
7-2-49
$1.25
(quar.)
Ltd.
Co.,
8.)
(J.
:—
10-2-49
11-22
12-18
(quar.)—
—
12- 3
>
$$1.75
:
,x—x
1-3-49
J37y2c
}25c
(quar.)
dividend
Stock
3-20
Electric
Extra
12-15
50c
—
National Steel Corp.
9-20
10-2-49
(N. Y.)„
(quar.)
—
Mfg.
&
Screw
National
12-20
Ottawa
3
2- L
1-14
$25c
Otis Elevator Co.,
3
12-
$1.10
25c
37'/2c
15c
25c
$1
73c
(quar.),
Co. (quar.)
National Safety Bank St Trust Co.
1-2-49
3
12-
?5c
National Rubber Machinery
12-13
2
12-
12-20
Co.—
Co
12-18
Mitchell
Bearing
National
30c
$75c
Missouri
—
—
Castings
Year-End
1- 4
12-13
1-
56%c
75c
50c
50c
—
11-15
12-15
10c
15c
20c
convertible preferred (quar.)
Minneapolis Brewing Co
—
Minneapolis-Honeywell Regulator (extra) —
Minneapolis St St. Louis Ry. (year-end)
Minnesota Valley Canning
5%
preferred (quar.)—
Mission Appliance Corp.
(quar.)
Mississippi Power, $4.60 preferred (quar,),,
Mississippi Valley Barge Line (s-a)
Missouri-Kansas Pipe Line, common (quar.)
11-15.
1-14
25c
25c
4%%
11-15
12-22
12%c
(quar.)
11-15
12-15
56 %c
37 %c
preferred (quar.)
Miller St Hart, Inc., com. (increased quar.)_
Special
4%%
preferred (quar.).
5% preferred (quar.)
National Lock Co. (quar.)
National Malleable & Steel
(quar.)
American Lumber (year-end)—
Oswego Falls Corp., 4%% preferred (quar.)
2
1-
< 12-15
2-15
;
,x,x
preferred
12-20
$1.75
$1.50
15c
$1.12'/2
$1-25
'-if(quar.)—
common
4'/2%
12-15
Reclaiming Co.—
Midwest Rubber
Linen Service,
12-13
12-15
*1
37 %c
pfd. (quar.)
Mid-West Refineries, $1.50 conv.
(quar.)
(quar.)
A
6% preferred B
National
7%
1- 3
Oregon
12-20
5%
12-14
12-15
1-2-49
12- 3
20
share for each
(one
12-23
4c
20c
15c
•'
i
dividend
preferred
7%
12-14
12- 6
$$1.25
Co.,,
Co., Ltd.—
(quar.)
Extra
12-10
12-16
Ottawa
held)
1
1-
—-
preferred (s-a)
Participating
—--—
Piping & Supply-
„
(quar.).—,
common
Products
12-10
5
1-
&
Steel
Common
12-15'
25c
Stock
1
12-14,
12-22
12-22*.
60c
8%
Class
11-27*
12-
Co.,
30c
12%c
15c
50c
$15c
t30c
25c
Extra
11-27*
60c
Midwest
Common
12-22
(quar.)
(increased quar.)
Lead
National
12-10
12-22
—
;
Extra
1
25c
(s-a)
common
Extra
12-
Class B
——
(reduced)
Company
6%
1-
50c
*2
preferred (quar.)
$2 non-cum.
8% preferred
Co.,
Glass Co., Inc., common
convertible- preferred (quar.)
National Gypstim Co. (year-end)—
National Hosiery Mills, Ltd., class A
National
12-
25c
$6
(quar.)—.
(year-end) .
St Electric
National Gas
12-15
3
12-
Loan
Ontario
12-15
3
1-
12-15
Holder$
Payable of Rec.
%25c
Debenture
Ontario
i_n •"
50c
(Hartford)—
Co.
Insurance
Quarterly
When
Per
Share
Name of Company
Payable of Rec.
Share
of Company
Fire
National
11-29
3
1-3-49
60c
$1-20
(year-end)
of Rec.
12- 3
12- 3
12-17
60c
year-end)
Midland Oil Corp./$1 conv. pfd.
Name
12-17
25c
—
A
Midland 8teel
1-
$1.50
75c
—
Mickelberry's Food Products
$2.40 preferred (quar.)
M'ddi* States Petroleum, class B
Class
Payable
1- 2
1-2
12-20
Share
.
Metropolitan Edison Co., 3.90% pfd.
4.35% pre/erred (initial quar.)
Metropolitan Paving Brick Co
Michigan Associated Telephone—
6% -preferred (quar.)
Michigan Surety Co. (s-a)„
Holders
When
•
Holders
When
Per
Per
,
Monday, December 13, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2480)
56
—T
Co.
(N. Y.) —
,
50c
%' 3
12-20
*
.Volume 168
THE
Number 4759
Per
Name of Company
Share
Public Service Electric
$1.40
When
&
Co
Gas
dividend preference
(quar.)
12-31
35c
Public Service Co. of New Hampshire (quar.)
45c
common
12-31
12-15
Name of Company
12- 1
& •Co., Ltd,: „(extra)—
Seaboard
Air Line,
5%
preferred--
Seaboard
preferred
Publication
Corp.
Extra
non-voting
'Extra
12-15
Seaboard
7%
;
Company, 5%
Extra,
(Geo.)
3
12-17
_______
of
4 %%
7
5%
12-28
12-
7
1-
1
1-10
12-15
1
Fund
Boston
(year-end)_
$1.25
6% preferred (quar.)
Quaker State Oil
Refining Corp.
Quebec Manitou Mirtes, Ltd.
Quebec Power Co. (quar.).
2-28
2-
Title
Real
-
Silk
1
12-
6
12-15
12-
1
1-
1-
3
"5%
12-10
2
12-17
1-
Red
Hosiery- Mills,
'
(quar.)__ "
oommon
4%%
Stores.
Roller
Bit
pfd.
" 12-15"
Mfg.
3%%
,
50c
*
(quar.:)__
10c
**
_
t50c
12-
25c
12-15
12-1$
Co.
of
Canada—
'
'
V
*
11-29
12-15
11-29
1-
2
(s-a)
^ -'7^
12-11
11-29
Silverwood
Dairies,
12-10
Silverwood
Western
2
1-
12-
preferred
12- 3*
Simmons
11-19
2
12-15
50(5
5%
3*
Simonds Saw
Company
12-15
115c
1- 3
•
Co.
(111.)—
4Vi %
preferred
:
_r.:-!
-
Remington Arms Co., Inc.,
4 ; '
iquar.)
(year-end)
'
12-
6
12-15
12-
25c
1-3-49
12-
12-
2-1-49
$1
12-17
12-
12-15"
;
$1.60
;
15c
2-1-49
1-15
"
50c
(quar.)
dividend
prior preferred
Stock,
5 Vi %
dividend
A
(quar.)_____.
$4
0
Reynolds
Class
Manufacturing Co.,
Rhinelander
Paper
Co.
12-10
Rice-Stix
Selection
(year-end)
6%
Sloss-Sheffield
Smith
1
12-16*
$2
12-
9
common
Steel
Solar
$1.25
1- 3
12-15
Tennessee
50c
Iron
&
Richfield
Co.
Stoker
.__
12-20
"
11-30
South
1-
3
50c
J50c
1-20
50c
12-13
15c
1-15
12-31
10c
12-20
:
31V4C
$1.37
12-31
1- 1
12-
12-17
'12-7
12-
'
(quar.)
3
Sub
*
4%%
12-
A
12-
•
'-
(s-a)
-
.
Textiles,
12-15
4%
Southern
Natural
12-20*
Southern
Pacific
1
12-20*
Southern
1
12-20
1-1
12-20
2-
$2
1-
1
'l-: 3
Roeser
Comoum
1-1-49
12-15
Roos
Industries
Rotary
_
(quar. )______
Corp.
Royal
preferred
Ruberoid
Stock
Russell
Company
5%
7%
Industries,
Russell
Mfg.
Products
4 10%
1st
Francisco
1_!'
pfd. (quar.)
Ltd.
5% pfd. A (quar.)
cSass A (quar.)
Pacific
Ry.—
Co.
1-15
1-
3
1-15
1-
3
12-22
12-
3
12-22
12a
3
l-3-s9
1- 3
1-
3
6
12-10
series A
Remedial
Loan
preferred
Sparks
convertible
6%
7
7
12-15
11-30
Spiegel,
(E.
(quar.)
Co.,
12-10
Standard-Coosa.-Thatcher
preferred
12-10
Standard Dredging
12-
6
Standard
t$1.06 J1-1-40
12-
fl
$1.25
1- 3
12Vic
12-15
12-15
12-
75c
12-
12-15
11-29
1*
.
1-
2
12-
3
&
of
Standard Oil
11-30
3%%
12-15
11-30
Standard
Steel
12-17
12-
Standard
12-10
12-15
12-15
12-10
12-15
11-30
preferred
L
Corp.,
11-29
11-29
12-15
12-15
7%c
12-15
12-
1
12-15
12-
1
(stock
Co.,
Inc.
27Vic
2-1-49
1-18
Starrett
27%c
5-1-49
4-18
State
27V2c
8-1-49
7-18
62Vic
12-13
12-15
11-29
Axle
S.)
Light
$1.06%
Century-Fox
12-15
1- 5
Common
«
Udylite
Union
12-15
12-15
11-15
1-
1
12-13
1-
1
12-20
1
3
12-15
3"n
12-15
12-13,
12-
e
12-13t.
12-
0
12-2051'
11-30
3c
1-31
1-10
t25c
'
.
Paper Co., common
(increased
quar.)_
(quar.)
Manufacturing Co.,
preferred
(quar.)
85c
common
50c
21-
11-29*
1
3
1-17*
12-14
91V4C
3-1
Co., 3^35% pfd. (quar.)_
833/4C
Scranton Lace Co.- (year-end)
$1.20
Scranton-Spring Brook Water Service, com.1
17%c
4.10%
preferred
(quar.)__
$1.02%
1- 2
12-10
12-14
11-30
12-15:
12-
6
12-15
12-
0
_____
Electric
:
2rl4
6%
preferred
preferred
Paper
&
12-14
3
12-14
1-
3
12-14
1-
3
12-14
1-
1
53y8c
Steak-n-Shake,
12-15
11-15
12-15
11-30
30c
12-15
12-
50c
12-23
12-
1
12-15
12-
1
:37%c
12-23
12-
1
*
,
.
62 %c
1-3-49
12-18
3-1-49
3-19
(quar.)
12-20
1334c
.
•v
Stedman Brothers,
12-10
1-
3
12-10
50c
12-17
12-17
50c
1-
Metal
$6
12-
—
25c
12-22
12-10
;
$1
12-22
12-10
$1.50
12-22
(quar.)___l__——
$1.25
1-
3
12-
0
1-
3
12-
6
Mfg. Co.,
(quar.)
common
'
'
preferred
Pacific
(quar.)
RR.
Union
Sulphur'
Co
:____
Funds,
Fund. "B"—
Fund
Fund
Freferred
35c
12-15
11-30
12-15
11-30
9334c
-25c
$1.25
1-14
12-24
United
12-27
12-15
United
12-20
12-
6
5%
United
Chemicals,
12-14
12-
3
United
11-30
.
12-10
12-10
12-20
1_
Circuit,
Inc
12-29
12-15
12-
1
12-15
12-
1
United
Fruit
12-15
12-
1
United
Gas*
5c
1-3
12-15
Un(ted
Gas. Improvement ;<s-a)
$1.25
12-31
1-3
12-
1
12-15
12-
1
75c
(quar.)
75c
12-
12-15
40c
—
pfd.
12-17
$1
—
12-10
11-30
75 c
—
3 2-20
12-15
"Sterling Aluminum
Products
(quar.)
12-15
1-
Sterling Drug,
—
3%%
preferred
(quar.)
87%c
class
Extra*
United
A
preferred
Co.
*
1-3-49
50c
1-14
12-
25c
1-
3
12-10
65C
12-18
11-24
20c
12-18
11-24
60(T
12-28
25c
12-31
25c
Corp.—2——
—__1—-
1—,
—
Illuminating
——
-Col—>t,~__-
12-
6
United
Income
12-
6
i*»i(ted
Merchants & .Mintt/acturers
12-16
Uhited
Molasses
1- 3
3
t75c
(quar.)
(quar.)—
12-20
,
1
12-22
12-23
12-13
13-
12-20
11-16
12-
*
6%
12-20
35c
12-
2
$1.75
—
12-15
35c
Extra
6
Inc.—
Dyewood Corp. 7% pfd. (accum.)
United Fuel Investments, Ltd.—
25c
12-15
12-10
15C
(quar.)
$3
12-20
12-20
32c
20c
—
(year-end)
Theatre
preferred
12-14
12-10
9c
,
(quar.K
Fund
Corp.
12-23
12-20
19c
—
—
Fund-,
United
Accumulative
Aircraft
12-14
$1.25
Rope Corp.
Artists'
12-23
'$1
.__
"C"
Stock
Corporation,
12-15
"A"—
Union Common Stock Fund
Wire
12-10
Inc.—
Bond
Bond
•
7
19c
—
Trusteed
Union
Union
75c
—
Year-end
Union
Bond
J 15c
12-10
12-10
12-16
Union
(quar.)
12-10
3
20c
37%c
pfd.
3
3
$1.25
Co
Union
Ltd.
4
1-
1-
•50c
;
:
60c
Stecher-Traung Lithograph, 5%
12-
1-15
25c
(quar.)__i.
Union
(quar.)
3
'
(quar.)—
25c
Inc,
12-10
2%c
$1.75
Carbon——
&
12-10
(quar.)
1
3
t25c
(quar.)
Corp.—
Co.
12-20
class A
1-
11-
-
12-14
$1.12%
Power
—_—
$1.20
& Finance Corp.,
12-15
3
t$1.12%
25c
Rubber
&
12-10
B
.
1-
t25c
'
Loan
Class
12-30
1-3
87 %c
(quar.)_
1
12-17
1-
2
$1
5C
—__r— _____——,
1-28
Acid
12-
12-15
62 %c
Investment
Union
12-20
1-
1-
15c
(quar.)
Carbide
Extra
12-20
1-1
1-
3
12-30
$1.75
f,->.
12-27
12-27
12-10*
1-
$1
1
12-20
-
12-20
35c
preferred
—
Bag
Union
12-
12-21
11-26
50c
-
Extra
Union
12-31
12-31
Corp.
Asbestos
Union
12-10
10c
18%c
12-15
tlbc
(quar.)
Extra
12-20
3 5c
12-13
12-13
25C
::
Film
Tyler Fixture Corp., 5%%
1-17
1-17
12-10
3
•
11-24
2-1-49
8-15
12-27
1-
(quar.)___—
208 South LaSalle Street Corp., com (quar.)
,
3-15
12-31
20c
i__
&
12-20
:
12-10
t25c
Electric
Gas
United
(quar.)
12-28
—J
5%
(quar.)
1-10
12-31
(quar.)—J—
convertible
$1
,
6-25-49
i
.-
$1.50
12-15
12-15
1-49
tlOc
$4.50
11-26
1-1-49
$1.12%
$1.75 prior pfd..__
Ltd., class A (initial)
1
12-13
2-1-49
3
1
(quar.).
A
Corp.,
6
12-18
12-
■
Common
50c
87Vic
*
pfd.
—
12-
12-15.
12-15
(s-a)_——
12-
.12-18
3
12-
; 12- 3
4-
,
12-15
J- 3-
12-
50c
(irreg.)-____.
*12-15
12-31
12-16
50c
Co._—
(quar.)
prior preferred
12-31
12-16
.u_
(quar,)——
(initial)—
——_L
Twentieth
12-15
12-13
12-13
1
50C
25c
(quar.)_
Company
(quar.)
(quar.)
A,(quar.)__
Tucson
8
12-11
1
1-15
1-
$1.06 %
common—1_
—
dividend)-
(year-end)
Inc.
(year-end)
Phosphate
&
(L.
A
A
8
12-11
40C
,
12-
1
12-15
(quar.)
4%%
B
preferred
12-
$1
(year-end)
Dreferred
B
12-15
11-24
$1.75
Co., 4% preferred (quar.)—
Tri-West- Petroleums, class A
(Initial)
Troy & Greenbush RR. Association <s-a)_
1-12
1-
25c
11-24
1
'$4
Extra
4% %
1-
25c
,
(quar.)
75c
$1.25
Co.
Works
preferred
preferred
'
12%c
25c
com
(quar.)
(quar.
Wholesale
Standard
Works,
A
Spring
Stanley
5%%
$3.40 ^preferred
12-15
12-15
$130
Trailmobile
11-30
-
12-10
75c
31 %c
——
Stoker
75c
.
Co. of Ohio—
12-13
12-15
20c
12-10
.•_
50c
65c
12-20
45c
-
12-15
25c
______
(quar.)—
(quar.)—
Calif,
of
Kentucky
J20c
iyear-end)__
'
Extra
7
12-10
12-29
(quar.)
Securities
Class
1
•
12-23
47 Vic
(quar.)—
______
Co.
Co.
Oil
12- 4
,40c 1-14-49
12-10
1
3
1,
.
,
Traders Finance Corp,
Extra
,1-15
1- 3
1
1-
1-
50c
Shipyard^
Towne
93c
t
preferred
Patricipating
Milling
Oil
$1.25
3
1
$1.30
Tobin Packing Co, com. (quar.)
7%t preferred
(quar.J__
Union
common
Steamship
Standard
Standard
Co
"
/;
25c
$1
(year-end)
-—
participating
2-, 1
12-15
>
—
Royalty Corp.
Tonopah Mining Co
Tooke Brothers, Ltd
.
-
12-
35c
t3c
______
(quar.)
Fruit
Extra
S3
Corp.
Corp.,'
preferred
5%%
$3.65
Factors
Standard
1
12-15
1-
2
common
Toklan
1
$1
(quar.)
12-15
1
$ 1.02 V2
(year-end)—
(quar.)
pfd.
1%
20c
common—
12-20
$1.10
—
com.
Sons,
25c
$3.50
25c
;—
Scranton
&
11-30
1-
12-10
•Year-end
1
30c
12-
Association,
Corp._
Extra
Scovill
R.)
Co.,
$1.50
-
75c
Schwitzer-Cummins
Scott
-
12-15
25c
1
1-
(quar.)
$1.12%
preferred (quar.)
preferred (quar.)
12-23
1
:___
common-
50c
$1.25
1
12-
35c
(quar.) ____1
(quar.)
Detroit
10c
•
Sprague Electric Co. (quar.)_
Springer Sturgeon Gold Mines, Ltd. (quar.)
Springfield Fire & Marine Insurance Co.__
Square D Company (quar.)—
—__
Extra
1212-
] 20c
..
-
•
11-30
37%c
(quar.)
$4.50
J20c
Ltd
Schlage Lock Co.
5%%
Inc.,
Co.,
62 Vic
3
.
—
Withington
12-20' |&
12-20! if
10c
$4 preferred
(quar.)
$4 preferred series A (quar.)
Staley (A. E.) Mfg. Co.
$3.75 preferred
(quar.)^
Standard Brands, Inc., common
12-
12-
'
(quar.)
Extra
Standard
(quar.)
Insurance-Co.
12-20
12-28
12-
common
preferred
Timken
,,.
U 2
12-15
;*
^'
,
Squibb
12-28
.
4V4%
$ Todd
12"-15
55c
,
—
.
(quar.)
Life
.4
11-15 in
12-15
1 *
12-15
1-11
Tide Water Associated Oil, common (extra)
$3.75
preferred
(quar.)
:
THa Roofing Co.-. (quar.)—a
11-15
$1
L ;
12-11
12-
1
12-16
interest
Tip Top Tailors, Ltd.
$1.25
12-11
1
12-16
Tishman Realty & Construction Co.—
Increased quarterly
1
1-
15c
12-20
12-
2-
12-15
75c
11-29*
12-15
$1.06%
(quar.)
12-20
•
:
Arms
11-22
,
Extra
Savage
12-
12-15
$1.25
•
(s-a)
Sarnia:.Bridge,
12-20
50c
(quar.)
preferred
Francisco
8
37Vic
(quar.)___;
Rocky Mountains &
Regis Paper Co.—
San
3
t$1.75
(extra)
Service
preferred A
12-
717Vic
common..
St. Joseph Light & Power,
Louis: San
12-15
Sovereign Investors
Spalding (A. G.) Brothers
$1.25
Ltd.,
Saguenay Power Co.. Ltd.,*4V4%
6%
3
50c
—
fit.
Southwestern
12-
$1.12%
Corp. (quar.)__i
Safety Car Heating & Lighting Co. (year-end)
Safeway Stores, Inc. com. (quar.)
;
5% preferred (quar.)_
i__L_
St.
12-10
12-15
10%
,.
(quar.)
St,i Louis Public
12-20
$1:50
;
Sabine* Royalty
St. Louis
7
50c
(year-end)
Co..(Conn.)
Safway*Steel
12-
$1.75
pfd. (quar.)
Company, common__
preferred
1-3
;
,
'*
'12-15
"1
$•
171/2C
1- 2
,
$1.06%
11-29
2
•
1
12-15;'
25c
'____
1-15
j
.
3c
common
12-20
12-15
-
12-
3
75c
Gas
Thrifty Drug Stores,
'V
Co.—
Electric—
Si
,.1-20
Shovel
Thor Corp.
-■
5
5
12-10
1-
t5c
—
12-10
3
12-15
25c
^-a)___
12-13
$1
__.——
12-27
12Vic *
preferred (quar.)
Russell
(quar.)
Southwestern Gas
12-
-
4Vi%
C.)
preferred,
$2.20
Southwestern Electric Service
7
1212-
2-15
$1.25
(quar.)_
Telephone
2
12-15
common
:
(Jacob)
(F.
'
(quar.)
Associated
Inc.,
preferred
Common
12-17
12-17
12-31
-
^
12-
12-15
(interim)
Common
„12-15
,
12-31
37%c
' 27c
,,,
130c
t$1.50
50c
—
12-
20c
dividend
Ruppert
12-10
12-29
(quar.)
Typewriter Co.,
7%
1-2
50c
Ltd.
12-10
3
1-
27c
,
3
1-
•;
$1.75
414% preferred (quar.)
Thomaston Cotton Mills,
'..
—i
Co—
12-15
10%
^
1- 3
12-31
—25c
" 31'/4C
.(quar.)
25c
;
,_j.
Southwestern
.
_
(quar.)
Royalty
6
6
12-15
12-31
$1.25
common
50c
•
»
Rothmoar Corp,- (year-end)___
Rowe
*'
Steel__
dividend
preferred
12-15
5%
1- 3
25c
—
_____—
Co.,
12-
12-
12-17
,12-17
$1
(quar.)
(quar.)
30c
L
Electric
Stock
*4% %
1-1-49
*■
(quar.)
,
'¥jrr.
Gas
"5preferred
12-15
1$1.06%
/
15c
—[i
Year-end
30c
1-
t25c
$50c
Extra
.
.
(quar.)
Union
1-1-49
i
(quar.)
Inc; (quar.)
Brothers,
Ross
Southern
Southland
50c
Co.
$1.25
Thomas Steel Co.
(quar.)—:—
75c
(quar.)__
pfd.
conv.
conv. pfd.
$1.25
*
Gas
Co.
(quar.)
$1.25
Pendleton, Inc. ;(year-end)
Paper Co.,, Ltd.,/4%% pfd. (quar.)
common
t
T
Ac
Rome Cable
4%
12-15
-common____—
preferred
Textron,
_
-
"
Co.—
Common
(increased quar.)
5%
non-curm preferred
(quar.)
Southern States Iron Roofing Co. —
1
$1.25
__
Co.—
Railway
1;;
Edison
Inc.,
12-17
(quar.)____
Paper
participating preferred
12-20*
1
12-15
(quar.)
prior preferred (quar:)„__
RoJIand
&
Power,, common
1
1- 3
—
Canada
1-
$1.12%
(quar.)
preferred A
5%
1-2
Extra
1- 3
—50c
Bag
California
Southern
5%
& Company—
preferred (quar.)
5%
12-15
12-15
(year-end)
prop,
1- 3
$1.20
11-30*
12-31
56 %C
___________
preierreu
(year-end)
of
62%c
(irreg.)—
"
12-31
5c
shares
Southeastern
Thew
50c
1-
t62%c
2nd
Transmission
12-17
——_
Co. com.
5% original pfd.- (quar.)_i__—
4.32% preferred
:
4"-
Rockwood
-5%
Advance
1•
t50c
common—
RR.
Sugar
(quar.)
preferred
Southern
4
10c
preferred
8%
4
12-
12-15
29lie
(quar.)____
Rochester St Genesee - Valley
Rochester Telephone Corp.—
'
12-15
JOc
12-17
—
Rico
12-20;
,10-30
15c
(quar.)
12-28
(quar.)
12-10"
1
25c
t25c
68%c
-
——
preferred
(quar.)
Oil
Penn
Porto
6%
__
Ltd.,
(quar.)
11-26;
12-1:
1
1-3-49
________
Mines,
Producing
Sulphur
Certificates
Texas
/
25c
convertible
Southern
11-17
12-15
12-15
20c
;
.
Co.,
12-22
•
20c
'
&
(s-a)__—
1-
.
Texas Pacific Land Trust—
3
•.
...
Special
South
Co.—
:
$2.50 preferred
Robinson Drug
5
8Vic
„
.
-
4
12-
25c
(quar.)
43/4%
preferred
Robertson (P. L.)
12-
37 Vic
-
Controls
12-20
12-15
1
Electric & Gas Co.—
preferred
South
4
12Vic
& Myers, Inc., common (initial)___
participating preferred (quar.)__—
•Participating
Fulton
12-
Gulf
11-20
....
1-
12-20
.
*1%C
Extra
12-31
Extra
$1.50
Extra
12-
11-15
12-20
-5c
shares
12-15
12-14
t$l
Robbins
Common
5 % %
2c
Silk Mills, Ltd., class B—.z
Antelope Copper Mines, Ltd.—
Robertshaw
11-15
10c
Riverside
American
12- 3
12-15
20c
.
'J—.
.*_
Common
5%
EOc
,
—_.
(quar.)
Corp. • (irreg.)
Valley Gas (year-end)
Paper____:_
Grande
River: Raisin
12-15
12-14
$1
Gas
Gulf
1
12-15
r
35C
25c
Texas
3
1-
1
25c
Sorg Paper Co., 5%% preferred
So6s Manufacturing Co. (quar.)
7
Carolina
11-26
40C
—_________________
Texas
12-31
——
1
•
2-
12-10*
.
:—
1-
11-26
12-15
(quer.)
common
4.10%
preferred
(quar.) _—r
4.25% preferred (quar.)__ll
Texas
Company
(quar.)
12-24
1-31
,
Co.' (quar.)__:
1-
(extra)_____
Company
OH
Extra
Ltd._
12-15
25c
j
Gold
preferred
Tennessee Corp.
1
12-
t50c
50c
12-15
12-20
\ 40c
Corp., Common (quar.)
$1.25 convertible preferred A (quar.)
12-10
40c
'
1-3-49
50c
(Increased)-—
45%
(quar.)_
12-15
$3
(s-a)—
A
Co.__
Aircraft
12-15
3
Extra
^
12-2
1- 3
common __
common—"-—________
Power, 6%
-'7-%
.
2
1-
$1
(quar.)
Extra
12-15
Sonotone
12-10
1
11-12
1- 3
(quar.)__—:_—
Snap-On-Tool
9
1-
12-17
$1.25
(quar.)
(quar.)__
class
preferred
12-
96c
$2.50
pfd. A
5%
Common
1
12-
12-24
4 50c
.
12-27
1
12-
(quar.)
12-27
1-
11-23
12-14
O.)" Ccrp. (increased)
(Howard) Paper Mills, Ltd.—
Common
■'
90c
12-14
50c
(A.
Smith
12-17*
1
Telluride
(quar.)
Corp.—
Inc.
preferred
20c
_
(quar."
Trust,
Dry Goods Co.
Richardson
'•
Inc.,
(quar,.)____!'_
Ltd.,
Teck-Hughes
11-23
Co.__^_
Rayon,
Sloane-Blabon
12-16*
-1-
12-10
11-15
—
prior preferred
Skilsaw,
"
11-22
1
12-24
12-14
V
1
11-19
■i
25C
145c
12-15
'
Rhodesian
(
(G.j
preference
20c
(quar,)
12-
12-23
12-24
35c
Taylor & Fenn, 4.32% preferred iquar.)____ ;'
Taylor Instrument Cos. (quar.)
'
Taylor, Pearson & Carson (Canada), Ltd.—
12-1C
.-12*1
25c
(quar.)
preferted
t$L12%
preferred
Castings
20c
J.) Tobacco, com.
(year-endi.
preferred (quar.)____.
preferred
(initial)
4.50%
5%
12-31
$1.37%
B
3.60%
1-
Oil
12-27
10%
(quar.)
(R.
'
12-21
60c
__
—"*.___
convertible preferred
11-22
Steel
Skenandoa
11-22
12-21
12-24
I2t 1
2
25c
(quar.-$1.50
—1
$1.50
4%%
J
Sivyer
12- 3
12-21
$1.50
(year-end)
common
_:.
12-15
25c
quar.)
common
10c
•
Skelly
4%
Corp.,
Reynolds Metals Co.,
,
15c
50c
,(quar.)_ll_i.l__l_l___i__
Products,
lv
12-15
90c
"•
Tamblyn
11-18
"
(irreg.)—»
(quar.)____:
Co.
Extra
1-15
25c
Steel
Stoek
Roan
28 %C
♦
(quar.)_t—
(James), Inc.,
4%%.
3
1* 3
Singer Manufacturing Co.
9
15c
■
9
1-3-49
Pattern
Simpsons, Ltd.,
6
Extra
Rio
'
I-J.
26i"*c
__*___
Extra
vl2-.10
t$1.25
Year-end
12-15
12-15
$1.12Vi
6%
Republic
1
30c
$2.25
_
ts-a)_
preferred B (quar.)
Republic Petroleuih -(increased
Simplicity
1-
87Vic
'
—
com.
1-
f
:
Remington Rand, Inc., common..:...
$4.50 preferred (quar.)—
Republic Investors Fund, Inc. "
6% preferred A (quar.)
Riley
12-1
—
preferred
Talcott
1
12-
12-10
1-15
Extra
1
Co.
'
U-30
12-20
25c
Sylvanite Gold Mines, Ltd.__—_____—
Symington-Gould Corp,
12-1
12-
$4
12-29
'150c
(irreg.)
Steel
&
1
1-29
12-15
Ltd., class A_^___
Dairies, Ltd.—
(quar.)
12-
12-31
125c
,12-30
25c
(quar.f
Sutherland"Paper Co.
'V Swift & Company
:
; 1 Sylvania Electrie
1
115c
r
1- 2
12-
11-24
.
12-10 '
12*31"
130c
"
,
12*20
'
-Corp.
:^«3tra *
11-3012-10
12-15
„12-15
.
12-10
3
12-15
1
(increased guar.)____
I
1
J__
.
Steel
Year-end
1-
1-1
12-15
10%
Co.
'Extra
.
12-10
12-3
25c
convertible
Superior
„
,
•1
12-20
$25c
7
:L7__
Special '.
Sigma Mines, Ltd. (year-end):——
Ltd. common
:—_i___
*■
5%
preferred (quar.)_^i._______ji_:
12-23
-
(quaf.)
,
Silknit,
12-11
.1- 2
Ltd.
6
12-15
1
62 %C
,
pfd: series B (quar.) *
(Calif.), $3.60 pfd. (accum.)
Sunshine Mining Go. (quar.)
1,
■
12-15
'
Breweries,
12-
1-.
12-20
12%c
___
Machine' Tool
Oil
3
1-3
50c
(quar.)
4Var%
Sunset
.
12-31
1-3
10%
i___*
dividend
Superheater Company
1- 3
12-20
held.__
(quar.)
series A
11-30
12-15
12-31
1-
Corp.—
41/4% preferred
1- 2
*
—___
1-15
$1.25
(quar.)
.
7
4c
Inc
Gas
common
12-31
:—59%c
<quar.)_'
Propane
Bunray, Oil. Corp.,
12- *
'
-1-15
$1.25
40c
(quar,)——^
common
U2%c
—
;
Stock
'
1-17
12-16
;
Sick's
25c
preferred (quar.)
Drug Stores; preferred
Sun Oil Co., ceunmon (quar )___
$2
(quar.) __i—
preferred
Products,
1-2-49
t2c
12-21
35c
"
Suburban
11-30
8
75c
Summers
12- 3
12-
(quar.)_
12-15
5%
3
7
12-21
(year-end)
11-23
12-15
2-25
div.)
com.
(stock
for each share
Sundstrand
$30e
—
12-31
$1.25
12-31
12-15
1-3-49
12-22
12-20,
10c
—
12-21
13c
—_—-t.",
convertible- preferred
Rheem
11-24
$1.12%
1-
12-
.
Reliance
'
11-24
12-15
12-31
1-
6%
12-15
15c
*••7%
preferred (quar.)____Lr-L^-L__i__"_^.: •' $$1.75'
Shoe Corp! of America, class A '(quar.)' : >'
25c
Shuron-Optical Co.. (quar.'
35c
Extra i
' 25c
(quar.)$1.18%
A
Reliance Insurance Cq_ (Phila.)
'
Co.
preferred
Sherwin-Williams
12-23
1-3
$1.75
Co.
Inc. 'tquar.)
Bros.,
25c
Mining (year-end)
Products,
4%%
Sherman
1-13
40c
—
Owl
Reed
1st
Shellmar
11-30
12-21
"
-*
Extra
Reeves
11-24
$4
Co.'"(Washing- "
7% 'preferred (quar.).
-JL-JLi-------5% prior preferred A (quar:)
i
Stromberg-Carlson, Co.,
12-15
Corp.
11*29
1-15
11.1%
Stovel
Studebaker
.12-15
12-15
u
,22c
__
6
1
l/10th of a share
4% convertible preferred
12-20
1" 3
$1
Press, Ltd., 5% conv. pfd, (quar.)__
tttrawbtidge & Clothier,. $5 preferred (quar.)
4%
series A (quar.)
Sheep Creek Geld Mines, Ltd. (increased)
Shell Union Oil Corp. (year-end)
*
Shelter Mfg. Corp., common__r_i-_r___—_
12-13
12-
dividend
6
12-20
15c
12-15
$3
Insurance
ton, D. C.) (s-a)_____
*■
„■ Extra - i—
:--L
-
6
StocK
•
75C
11"
12-15
(quar.)
redeemable preferred
(
Estate
12-
Stone & Webster, Inc. (year-end) __:
Stonecutter Mills, c.ass A (extra)
Stonega Coal & Coke (extra)
.
12-16
12-
31
1-
25c
1- 2
Common
12-17
3
1-
—
2
1
Shawinigan Water & Power Co.—-
Rand's
Real
G>)
1-17.
1-24
Raybestos-Manhattan, Inc. ..(year-end)
$1
Raymond Concrete Pile Co. fextra)
$2
Rayonier, Inc.', *'$2 pftf_ (quar:)
50c
Reading Cm, 4% • 2nd preferred t:(quar.)_:_:_
50c
'Reading Tubel.Ctorp'.— - ' A " \
r:" \
.
> '50c partic. class "A'
(quar.7-----1--------*" ' 12 Vic
12-
40c
12-1(K
12-28
2 %c
12-15
12-
prior
12-17
8
12-24
25c,
1- 2
*
3
1-
50c
(quar.)___—
12-10
Inc., common
preference (quar.)
(quar.)___
A
Shafctuck-Denn
•
(Pittsburgh )
class
conv.
11-26
$3.50 convertible 1st; preferred (quar.)—
87%c
Ralston Purina Co., common (increased)
50c
■"•>3%% preferred (quar.)—-93%c
_______
12-15
12-29
Camp,
12-29
(quar.)
(Frank
12-28
12-15
Stokely-Van
5%
1-
12-15
1-2-49
50c
25c
—
Shattuck
1
1
67C
Year-end
Holdera
12-31
25C
tquar.)___
$1.25
Inc., common (year-end):
preferred
(quar.)
—1———
$4.50
12-
pfd.
(quar.)
Corp.
57
Payable of Rec.
5%
Stern Textile, 4%%
&
When
Share
———
90C
Extra
Serve),
12-15
'
$1.12%
Extra
1
1
25c
(quar.)—
(quar.)___lJL_
2-25
12c
t25c
Corp. or America- (Increased)
B
,12-
12-23
35c
—
preferred
Corp.,
Class
•
12-11
12-15
40c
—
—
12-
1-10
$1.50
.___—
12-10
12- 6'
pfd.
prior
class A
Serrick
12-31
12-15-
35c
(lrreg.)—______
common
3
11-30
12-
12-15
25c
:—
Co
Brothers, Inc. (quaf.YJ
Seiberling Rubber Co. com. (resumed)
12-28
$1.25
10c
(quar.)__
(quar.)
12-
Refrigerator
12-15
Stewart-Warner
25c
Seeman
10c
pld.
copv.
Inc.
;
Putnam
Radio
Seeger
12-15
Stern
12-23
65c
Seagrave Corp. (resumed)
Security Bans Note (extra)
12- 9
50c
Quaker Oats Co.,
•'
12- 9
12- 9
1-
12-10
1-10
1-10
40C
12-23
<
divi^e'rid)
(stock
12-31
40c
*
Extra
12-23
$1.75
$1.183/4
50c
Extra
Purolator Products,
9
Irici
Sterling,
•
45c
(quar.)—.—:
12-23
$1.75
Publicker industries, Inc., $4.75 pfd. (quar.)
Puget Sound Pulp: & Timber (quar.)
Pure Oil
12-
(Del.)
50c
—
original preferred (quar.)—
1st preferred (quar.)__JL—
7%
12-23
Co.
Oil
50c
(quar.)_
:
____
3
Per
.Name of Company
,12-15
l- >5
$2.50
Finance
50c
1
1
::
Common
(quar.)—
voting
common
1-
$1
50c
—
(2481).
Holder1
Payable of Rec.
J18c
Co., common (quar.)
convertible preferred (quar.)
$2.60
(quar.)—
When
Share
1
Scythes
12- l
11-30
<
CHRONICLE
Per
Public Service Co. of Oklahoma—
4%
FINANCIAL
&
Holders
Payable of Rec.
40c
—
COMMERCIAL
Fund (qiiar.)————
(quar.)_
Co., Ltd. (Interim)—
,
10%
12-10
12T,
9
8
,12- 6
1
58.
(2482)
When
Per
Name of Company
Share
Name of
United Light
ft Railways Co., common—
(One share of American Light & Traction
stock for each
common
Fractional shares will
cash
will
41c
be
for
Light
shares
50
be
not
distributed
1/50 share
Traction held
of
Corp.
75c
12-31
12-20
11-18
Detinning,
preferred
-
Vulcan
Mold
(year-end)——
common
_______—-
Iron
'
prior
preferred
National
Non-cum.
N.
United
Piece
$4.25
U.
S.
U.
8.
RR.
preferred
&
Dye
Canal
Foil
S.
12-15
Wabasso Cotton Co.,
12-15
Wagner
Electric
Corp.
12-31
12-17
Waldorf
System,
Inc.
40c
12-31
12-20
(Bait.)
$1
1-2-49
12-28
25c
12-28
Co._,_
Extra
(quar.)
common
Lumber
8.
Co.
8.
Stock
U
8
U.
dividend
preferred
Potash
S.
12-31
12-
8
Warner
12-24
12-
b
Warren
Brothers,
12-
8
Class
11-30
Warner
U 8
Co.
1-
22 Vic
Tobacco
7%
8.
Truck
Lines Inc.
8.
Trust
Co, (N.
Washburn
Washington Water Power,
1-1-49
12-16
Waukesha
1-1-49
12-10
Wayne
1-12
United
Steel
United
Steel
United
4%
Corp.,
&
1-12
12-15
12-
Wayne Screw
Utah
Welsbach
Knitting Co.,
prior
&
Light
Valspar Corp.,
12-30
12-15
West
12-15
12-
West
50c
1-15
4Vz%
$4
12-30
12-15
1
West
12-
1
(increased)
Virginia
1
1
Electric
Electric
Co.,
preferred
Virginian
6%
Railway,
preferred
4.20%
West
Co.,
\12-15
11-15
11-15
•
$1.50
"1-31
15c
(quar.)
12-15
12-
12-15
11-30
12-15
11-30
l
1-15
4
Michigan Power—
pi^ferred
&
Wood
12-15
5%
1-
3
12-
7
12-
2-
6
11-27
1-2-49
12-21
1
common
(quar.),:
$1.12(4',
Dessauer
Steel
lAlan)
'
.
Co.,
-7
1
•
12-15
11-30
'
"
1-
2
12-11
:
1-
2
12-n
:*
12-15
20c
common,,,:;,,',,
12-10
r
*
25c
1-
1,
12-10
$1.25
1-
1
12-10'
1S34C
12-28
12-11
50 %
12-28
12-11 •)'*:
J50c
12-17
11-lT
50c
12-23
si
12-29
12-13
50c
12-28
12-16
(quar.)'L-_,^^;:ii^^_,l,'"
preferred
1
12-
Western Grocers,
'•
preferred
1-
1
3 '
12-10
1-
3
12-10
Western Pacific RR.
Common
12-27
1-19
$1.50.
2-15
12-
12-17
Western
1-19
12-21
Western
Tablet
30c
12-20
12-
6
75c
12-15
12-
1
1
5%
preferred
5%
preferred
(ouar.)
62 Vic
1-
3
2-1-49
12-15
Yankee
1-
3
12-15
Yellow
12-
12-22
Inc.
8
6%
12-15
:, 6%
1
12-15
6%
12-16
11-30
Yolande
York
25c
—
3
12-20
J50C
1-15
12-15
135c,
1-15
*12-15
40c I.
;
1-
75c
(s-a),
1-
5
5
2-
tl 25
2-15-49
7-
12-
STATE
Tile
1
1
2-19
11-30
1-20
3-15-49
10c
6-15-49
5-31
25c
1-3
12-10
15c
;; 12-20
12-10
37 (4 c
1-31-49
1-20 ^
•
;
(quar.),
^^
2-28
r
0 ;
preferred
Corp.
Corp.,
(quar.)
(quar.)
(quaf.
________
;
37 (4 c
—
(quar.)
(increased
common
4-30-49
4-2b
37V2c
7-30-49
7-20
12V2c
preferred
:
(L. A.)
1-
:
37 V2 c
s-a)__,_,
(quar.)^.___..L.
Knitting Mills, Ltd., class A (s-a)
preferred
V
J20c
Spring & Wire (quar.)
3
12-15
1-. 3
12-17
1-
..
561/4 C
12-17
3
12-31
12-15,'
&
Tube
25c
12-15
12-
1-
25c
12-15
12-
t
si
12-15
11-19.7
si
1-3
(quar.),
1
12-15
v;
Steel
Youngstown
Door
Co._L__7..._,____,
11-19
Zeigler
Zonite
Products
Corp.
•Transfer
$1
12-15
.1212-
3
books
not
(resumed)
closed
12-
12-14
12-.
1;, :
1 • *
"■
10c
.
for
3
12-15
1-
3
12-
12-
tPayable in U. S. Funds,
tPayable
resident
3
tax
in
Canadian
less
funds,
a
Less British income tax." "
11-22
6
this
12-20
12-10
;
dividend.
Canadian
15%
tax
x
Less
30%
Jamaica
")■. '
.
non-residents'
deductible
15%; resident tax 7%.
12-10
i- 3
t25e
;
12-15
12-15
$1.50
i;r
12-.
1-3
15c
Coke,,^,,,,^-,^,
&
12-
12-15
25c
11-15
25c
_______
Coal
12-15
25c
11-15
12-15
J
$1
(quar.),—
(year-end)
23r
12-15
:
10c
:
Mfg. Co.
convertible
Young
12-16
1-3-49
$1.25
(quar.),!,—
Ltd.
12-20
25c
25c
(George)
.•)
11-26
3
4
1-14
Weston
i
3
1-
25c
"
convertible preferred
York
1
12-14
50c
Weyerhaeuser Timber Co.
12-15
v
1-
11-26
$3.50
—,
■
7-15
12-
12-15
10c
convertible
4(4%
11-26
1-
2-15-40
Co
4-15
•-4".
25c
—
Cab Co.—
1
(quar.) —
8-1-49
1
"
1-
——
6-2-49
'
12-
t3Voc
2bc
Youngstown Sheet
37yac
■'
$1.121/2
common.......:
Mfg. Co
Fibre
1-
25C
——-
3W/2C
!
(quar.)
3
$1.25
—■
Westmoreland,
12-17
37»/2C
(quar.)
Coal
Extra
1♦
12-24
—
L,--li.-,---.
•
-
12-16
1-10
M 12-20
$1,121/2
_
V
& Towne
1-
.$1
Westmoreland
11-30
(quar.)
12-28
25C
Common
Yale
1
11-12
12-20
,
12-20 *
11-30
Co.
Westinghouse Air Brake
preferred
12-13
140c
12-13
12-13
$1.12 >/2
—
12-15
12-11
30c
$1.25
2
convertible prior
Monthly
Wysong & Niles Co.,
25c
Year-end
1-
$1.25
"
'
4(4% prior preferred (quar.)
j;
£,■
Wright-Hargreaves Mines, Ltd. (reduced)
Jr., Co. (monthly)
12-24
50c
(quar.),,.—-
(quar.)
common
Wrigley (Vfta.),
Monthly
12-20
1-15
&
7
12-15
1-15
$1.05
'
Ltd.,,,—
Co.,
(quar.),,,—
'
common,,
(quar.),,.—
Alabama——
Stationery Corp.—
A
&
'
$1.50
12-24"
$1.50,
Railway of
12-31
4(4%
12-17
2-15
75C
12-27
5%
12-10
12-30
Co.
Wool Combing Corp. of Canada. Ltd.,,—
Worthington Pump.& Machinery Corp., com.
4
25c
(quar.)
12-15
__
4
Iron
Lothrop,
preferred (quar.
25c
Light & Telephone "Co., Inc.
55c
-
12-15
$1.75
(quar.)——
(quar.)
87 Vic
(year-end)
12-10
3
$1.75
12-10
1-
12-
12-15
50c
Western
156c
125c
Woodward
12-15
55c
"
Manufacturing
12-13
12-
—
Ltd., class A
J
(initial)
com.
Extra
12-20
(quar.)
Coke (increased quar.)
Woods
Woodward
12-10
17 (4 c
:
(year-end),
preferred (quar.)
Western Condensing Co
——
Western Department Stores
(quar.)
12-13
3
new
dividend
12-10
12-29
1-
Petroleum,
Stock
"
$1.12(4
Pulp & Paper
1-
Woodley
7
1-17
(quar.)-
B
12-
10c
Utilities, $6. pid.
Texas
12-14
3
12-20
35c
5%
1-17
12-20
/ 12-15
1-
12-27
25C
.
Special
——
*——
West Virginia Water Service Co.,
4 Vt %
preferred (quar.)
$2
1
(quar.),,,,
(quar.)
preferred
preferred
2
12-20
—
(quar.)
West Virginia Coal &
$1.40
(accum.
common
1-
40c
l—l
11-30
1$1.25
common
Wolf
1
3
$1.25
common,,..,,—,
(quar.)
Power
preferred
preferred
112c
& Power,
(quar.)
12-
J"!
12-24
'•
12-28
2(4 c"
Co.:■(quar.),,:——
12-15
50c
(quar.)____.a.,
preferred
1-
3
4(4%
1-
35c
:
s
West Virginia
7
___
—
_____
6%
1212-
25C
(s-a)
____
preferred
z-1
25c
20C
B—
class
Snowdrift
Gas
Penn
4*/a.%-
12- 4
40c
Victor
partic.
"
12-1,;'.
12-31
1
(year-end)..,,—
11-30
$1
Equipment Co. (year-end),-.
Viking Pump Co
Virginia-Carolina Chemical Corp.—
12-u
12-31
12-
—
12-15
62 Vie
Chemical Works, common
preferred (quar.),—
11-30
15c
10c
__
common,,
preferred
6%
12-20
>
12-20
12-15
20C
(quar.)
preferred
Ltd.,
l
'
' 12-15
60c.
11-24
25C
(quar:j_J__
A
(quar.)
preferred (quar.)
6%
12-
12-15
$1.50
J quar.)
preferred
12-15
.
$2.50"
1
"
-
1?V24
1-
5
"';l5c
12-15
Co.—-,———
&
&
Penn
12-15
common.,
conv.
$1.06(4
12-15
(quar.—
class
7%
25c
Viceroy Mfg. Co., Ltd
$5
4
1- 3
25c
quar,)—
Norman Company,:
.'
Veeder-Root, Inc. (quar.)
Verney Corp. of Canada, Ltd.
Formerly Verney Mills of Canada—
35c
(quar.)
Inc.
Corp,,
Ohio
$7
15c
Co.
' '•
Co._____
2
1
■
56(4c
series)
12-
1-
$1.12(4
$1.50
—
preferred
Corp.
Fund,
Oil
Wesson
<
Van
6%
1
12-15
25c
preferred
12-31
75c
,
—
5c
Power
3'/*%
3
Co,
Products
Wells-Gardner
(quar.)_,___J„-„_____L—
Refining
Power—
(1897
'
;;
1-3,
..
"
(quar.
Investment
1-28
12-16
11-30
Wisconsin
12-10
1-15
2-15
12-20 '
Power & Light—
preferred (quar.),,
7
$1.12(4
4.80%
preferred
(quar.)
$1.20
Wiser Oil Co. - (quaT.)',_i_____i:.:^_,_^_;_i_J " V
1 -256
/
12-20
-preferred
4V2%
12-31,
12-1>
.12-15
12.10
2«»c
25c
(quar.)
Mills
<»'.
12-
(quar.)
Co.
1-14
(quar.),,
$6 pfd.
(quar.),
'
11-29
1-
$8.75
U2»/2C
Ltd.,,
Insurance
Utlca
Victor
Extra
12-15
(quar.)
Utah
5%
12-15
12-15
—.
Oil
Vlau,
2
60c
Wire,
Fire
1
(quar.),:.,—:
Weatherhead~~Co"$5
1
Wellington
Extra
6%
1-
75c
Home
2-
6C
43 %c
Extra
62 (4 C
12-20
3
11-29
Special
Utah
Knitting
12-15
Delaware-,,,,,,-
Winding Co. (increased
Upson Company (year-end
Upson-Walton
Co.
Motor Co.
45c
.
(ounr,
Universal
Wisconsin
25c
12-31
1-
62 (iC
(quar.)
preferred
Wire
Webster-Chicago
Wallpaper, Inc.—
convertible
3
12-31
45c
(year-end),,
of
12-
"■
i
-
"
__
Y.)
5
.
11-20
93 %c
:
preferred
non-cum.
U.
1-
'
11-30*
2%
.
(quar,
Co., common
25c
6%
1-15'
12-31
10c
,
Wisconsin
—-———
A
Electric
12-17
j
,12-31
30c
—
Wisconsin
12-13
25c
12-14
(quar.)
'12-27
1
(quar.),.—-----
(quar.) „_^i,
common
(quar.l_i™_L__,__L, "
12-13
5
11-27,
1-15 "
30c
.,,,,
preferred
1-
12-10
12-15
"
Winnipeg Electric Co., common__'___L_'____L_
5%
non-cum. preferred
(s-a
'
12-20
4(4%
12-24
25c
12-13
1-
-_
$1
(quar.)
12-27
12-13
'
25c
(quar.
(quar. )„7_r__'L,'___,
$4.25 preferred (quar.)
Ltd. (quar.)LLlL'ir_l._____
Grocery
:v
'
'
; '
C.),
Lovett
$3.50
.
(quar.'
25c
(quar.),—
11-30
12-15
(J.
&
$1.37 (4
12-17
3
12-27
1
40c
t25c
&'Co.,
Wilson
Winn
85c
-
(s-a)— 1—
(year-end)
Company
50c
(irreg.)
preferred
C
B
class
70c
.
,
U.
.
3
—-—
(quar.),—
preferred
River
$2
common
A
1-
11-30
11-30
12-
"
S3
Motors, Inc.—"'*"
preferred
(quar.)
Wilson
11-30
12-27 '
25c
(quar.)—
Year-end
Printing & Lithograph—
5%
common
RR., guaranteed
Bros. Pictures, inc.,'
:
Plywood Corp*,
3%%.
Co.,
Ware
12-14
Company,
(Consider H.)
$4.50
12-27
v
3
:
Willys-Overland
30c
'
12-
12-27
Ltd.
50c
3
(year-end),.
Pipe & Foundry Co. (quar.)
Playing Card Co, (quar.)
Extra
U.
Baking
5V2%
11-30
3
*
1-3
SI
"
A
Oil
Wilsil,
11-30
1-
5c
62'/2C
—
12- 9
$1.75
U.
Mills
12-
62 Vie
8.
Ward
75C
preferred (quar.)
Lines, common (quar.),,.
4(6%
preferred (s-a)
8
Wamsutta
9
12- 3
8.
U
6%
12-16*
11-19
3
1-
25c
12-16
7%
U.
'V
12-23
_
cummon
Wilcox
12-27
3
Corp.,,,,
_—
preferred (quar.)
preferred (quar.)—_————
$1.50
Gypsum Co.,
Oil
River
Willett
5c
12-
20C
Co.,
12-20
25c
3
(year-end
preferred
11-15
fV
.v
B
Mfg.
1-
$1.25
(quar.)^_7.__i^
class
1-3
12-15
12-16
$1
Ccrp.
Electric
12-15
50c
A———
class
Products,
12-23
50c
6%
Co.-
Cement
Wlllson, Products, inc.
————
50c
1
Extra
U.
.i-
Vitamin
Class
5%
12-16*
12-
Wu.o
3
$1
11-10
12-16
1-
25c
■
(quarT—,—
preferred
4%
35c
Co
'
(H.)-Gooderham & Worts, Ltd.—
Walker
12-16*
1
1-
$1.75
25c
Special
8.
Co.,
Increased
11-10
1-2-49
25C
(quar.)
U 8 Guarantee
U.
12-27
$1.75
(qUar.)
Wichita
8
12-20
12-20
1
Special;
Co.,
Freight
12-15
1-14
50c
(quar.),
2
1-
$1.06 »/4
—
12-11
12-
1- 3
75c
(quar.),,—
(quar.),—
Motor
Whitehall
W'mting
25c
Walgreen
Walker
-
•*:-s t25c
Ltd., new com. (initiftl)
White
1
12-16
12-27
(year-end),;
—
1
12-
Holders
12-27
(quar.)
Steel
Corp., common
$5
prior preferred
(quar.)
Whltaker Paper Co.
12-16
12-15
75c
12-17
1-10
>
class A (year-end)
Class B
(year-end)-,.
7%
preferred (quar.)__.
-
U.
1-3-49
1-3-49
$2.50
—
(s-ai
Corp.
$1
(quar. J,„,
(quar.)
(quar.)
preferred
8.
Wabash-Harrison
Works—
preferred
preferred
7%
12-15
1-3-49
53c
(annual/.,
common
Fidelity & Guaranty
Finishing Co.—
$4
U,
J.
vie
60c
(monthly)
Corp.,
partic.
United
68
Wheeling
1-10
3
1-
15C
—-—
12-31
1-20
35C
(quar.)
Co—
&
When
Payable of Rec.
75c
683/4C
12-10
7 %
12-16
">
Share
Wheeling & Lake Erie Ry.
12-15
80C
■<
Company
8
1-15
Vulcan
of
prior preferred (monthly)
6.36% prior preferred (monthly)
t%
12-
12-22
American
7%
,
6
80c
-
United
12-
12-15
$4.12(4
Vogt Manufacturing Co. (year-end),—Corp., $4.50 preferred (accum,)——
$3 conv. prior preferred (quar.)———
but
rate
50c
Vulcan
held.)
issued
the
at
each
&
Vlsking
Per
Name of
Payable of Rec.
Share
Company
Holdert
When
Per
Holdert
Payable of Rec.
Monday, December 13, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
the
at
tax.
Non-
source.
t
'V:; '•
*
'
'
•
.
" '
.
income tax.
".'r'-'i'.
.
,
■■
CITY DEPARTMENT
AND
BOND PROPOSALS AND NEGOTIATIONS
;• •>
1
if?
ALABAMA
Alabama
Bonds
State
.
Not
Sold —The
Teacher's
College
ingston bonds offered
168,
p.
in
(State of)
be
$50,000
at
Dec.
1956 to
Liv¬
2166—were not sold, due to
amount
All bids
Enclose
check
must
be
certified
a
for
of the
5%
Co., of Atlanta; Cumberland
&
Se¬
curities Corp.,
Nashville; Clement
Evans & Co., and the Citizens
A.
Southern
Brea
Diet.,
O.
Santa
(P.
Bond
Offering
—
B.
J.
Dec. 14 for the purchase of $185,not
to
exceed
5%
interest
National Bank, both
Atlanta, as 3s, at a price of building bonds. Dated Dec. 1, 1948.
Denomination $1,000.
Due Dec. 1,
100.57, a basis of about 2.88%.
follows:
$12,000 in
1949
to
1958, and $13,000 in 1959 to 1963.
Principal and interest (J-D) pay¬
able at the County Treasurer's of¬
Dated Dec. 1, 1948 and due
$36,000
on Dec.
1 from 1949 to 1958 in¬
clusive.
Second high bid of 100.42
for 3s was made
by an account
composed of Berney Perry & Co.,
R. S. Dickson &
as
Reusch
and
and
Fox,
Co.
fice.
The bonds will
cash
ARIZONA
par
No. 51
(P. O. Prescott), Ariz.
Bond Offering
ken,
Clerk
of
—
the
Kenneth AitBoard
of
Su¬
pervisors, will receive sealed
bids
until 11 a.m.
(MST) on Dec. 20
for the purchase of
$60,000 not to
exceed 4% interest school
coupon
bonds.
Dated
Oct.
nomination $1,000,
1, 1948.
De¬
Due Dec. 1, as
follows:
$5,000 in 1949 to 1951,
$6,000 in 1952 to 1955, and $7,000
interest.
accrued
state
and
of
date
Yavapai County School District
be
sold for
only, and at not less than
must
rately
that
the
accrued
Each
bidder
interest
par
bid
offers
to
the
delivery, and state sepa¬
the premium, if any, and
the rate of interest offered for the
bonds.
Each
bid
shall
be
at
a
single rate of interest. Any bid for
two
be
or
Enclose
a
cashier's check for 3%
of the par value
in connection with the issuance of
are
the
election held
bonds, and the bonds must be
taken
the
bonds
up and paid for within 5
days after notice has been given
certified
urer.
that they are ready for delivery.
Enclose a certified check for $1,-
000, payable to the Board of Su¬
pervisors.
more
rates of interest will
rejected.
The proceedings for
the issuance of the bonds will be
submitted for approval to
Q'Mel-
& Myers of Los Angeles, and
the. opinion of said attorneys will
veny
be furnished to the successful bid¬
der,;, without.
charge.
All
bids
authorized
May 4.
on
bonds
offered
on
of
Humboldt
2372—were awarded to a syndi¬
cate composed
of Blyth & Co.,
Inc., R. H. Moulton & Co., Secur¬
ity-First -National Bank, all of
Los Angeles; American Trust Co.,
San
Francisco, and William R.
Costa Mesa School District,
Orange
County (P. O. Santa Ana),
-
,V Bond Offering
bids
until
Dec.
chase
of
These
bonds
28
$295,000
were
the election held
on
for
the
school
pur¬
bonds
?
'
bid
rr
-
:
County School Districts
Dec.
$19,000
7—v.
awarded
168,
the
to
*
;
■
•
bonds'
2372—:.
p.
of.'-
Bank
Savings
Association, of San Francisco,
follows:
a
Chairman
America National Trust &
as
1
-
bonds.
authorized
Dow
Prairie Elementary
School District. bonds sold as
$5,000
at
Nov. 16.
4V2S,
a
.
the
Sale—The
offered
were
;
Co., of Los Angeles, as 2^S;
price of 100.917, a basis of
>Glbn Dale Unified School District,
about 2.40%. Dated Jan. 1, 1949
Los Angeles County (P. O.
and due on Jan. 1 from 1951 to
Los Angeles), Calif. ;
1971 inclusive.
Staats
Bond
Calif.
— B.
J. Smith,
County Clerk, will receive sealed
of
(P. O. Eureka), Calif.
j..
$1,150,000 school
Dec. 7—v. 168,
the "
cashier's cheek for 3%
or
amount
payable
to
the
Board of Supervisors.
p.
at
the
at
Enclose
for,
of the bonds bid
for, payable to the County Treas¬
Angeles), Calif.
Orange County
Ana), Calif.
Smith,
County Clerk, will receive sealed
bids until 11 a.m. (Calif. DST) on
000
or
Bond Sale—The
Sch.
of
&
certified
CALIFORNIA
group composed of Courts
Co.,
must be unconditional.
bid, payable to the County
Treasurer.
Gadsden, Ala.
&
bids for less
Compton City School 'District, Los
Angeles County (P. O. Los
cashier's
3—v.
Bond Sale—The $360,000
public
improvement bonds offered Dec. 7
—V. 168, p. 2272—were awarded
a
No
considered.
unconditional.
or
illness of the bond attorney.
to
1958.
than par and accrued interest will
'
at
basis
price
a
of
about
Dec. 15, from
•
on
'
of
100.18,
4.455%.
a
Due
-
J
!
/
1950 to 1954, '
inclusive.
;;
•
Bond
Offering
—
■
W. G. Sharp,
:
Cone jo
Sch. Dist. Fresno County
(P. O. Fresno), Calif.
County Clerk, will receive sealed
bids until 10 a.m. (Calif. DST) on
Bond Offering—E. Dusenberry, Dec. 14 for the purchase of $2,200,000
not
to
exceed
5%
interest
County Clerk, will receive sealed
bids until 10:30 a.m. (Calif. DST) building
bonds.
Dated
Jan.
1,
Denomination $1,000.
on
Dec. 14 for the purchase of 1949.
Due
$21,000 not to exceed 5% interest Jan. 1, as follows: $90,000 in 1950
building
bonds. Dated
Jan.
1, to 1964, and $85,000 in 1965 to
1974.
1949. Denom. $1,000. Due Jan. 1,
Principal and interest (J-J)
as follows: $1,000 in 1950 to 1968,
payable at the County Treasurer's
office
or
at any
and $2,000 in 1969. Principal and
of the fiscal
interest
(J-J)
payable
at
the agencies of the County in New
York City, at the option of the
County
Treasurer's
office.
A
Rate of interest to be
reasonable time, not to exceed 10 holders.
days, will be allowed the pur¬ in a multiple of V4 of 1%.
Payfor
chaser for the purpose of deter¬ 'ment
and
delivery of
the
mining at his own expense the bonds will be made in the office
legality of the proceedings had of the Board of Supervisors. These
14,000
Rohnerville
District
School
a
price
terest
of
bonds sold
100.135,
a
net
at
15,
$6,000 4s,
from 1950
due
to
.
,
in¬
cost eff about 3.79%, as
follows:
Dec.
Elementary
:
on»
1955,
incl., and $8,000 3%s, due on ;
Dec.
15, from 1956 to 1963, .
incl.
-
The
i,
bonds
1948.
are
-
dated
Dec.
15,
.
*
' .iU*.
Union School District,
County (P. O.
Lakeport), Calif.
Lakeport
5
Lake
-
Bond
Sale—The
;
$15,000 build-
*
ing bonds offered Dec. 1—v. 168,
p. 2166 — were awarded to the
•
Bank
of
America
National
Trust
;
Volume 168
Number 4759:
THE
&
Savings Association, of San
Francisco, the only bidder, at a
price
of
100.14, a
cost of about 3.17%,
$13,000 31/4s. Due
2,000 3s. Due
.
follows:
as
Feb.
on
*
Lemon
in
\
'
bonds
1949.
dated
are
•
Grove
//
Feb.
1,
District
bids until 10:30
Dee.
on
$85,000
13
the
5%
Dated
-
$640,000
100.06,
000
interest
Jan.
The
sold- for
only- at not-less than
crued
interest
livery.
V'
to
the
of;
Jan.
•
to
about
a price
interest cost
net
a
2.26%, as follows:
due on Jan. 1 in
1951;
214s* due
and $173,000
Jan. 1 from 1952
on
to *1969 incl.
Additional
Campbell
Sale—The
America
of
the
National
of
San
Neff
&
&
Trust
Sav¬
the
Chairman
Supervisors.
will
due
amount of the bonds bid
able-to
Her-.
Francisco,
for,
pay¬
Mcniara
San
Elementary
Mateo
of
1
$38,000
and
1954 to
from
1962
due
214 s,
on
Sequoia Hospital Dist., San Mateo
County (Pi O* Redwood City),-
Dist., \
(P.O.
Calif.
Redwood
City), Calif.
; Bond Sale—The issue of $1,500,Bond Sale—The
$35,000 build-: 000 construction and acquisition
ing bonds offered Dec. 7—v. 168,' bonds offered on Dec. 8—v.
.
&
Co.,
Oct.
of
San
.
1,- 1948
from
1949
Francisco.
and
to
due
1968
Oct.
on
Pittsburg Community Hospital
District, Contra Costa County
(Pi O. Pittsburg), Calif.
"
Bo^d Offering
1
inclusive.
dicate
/
1951
1959
to
15,
1948.
rates
second
the
stated
The
successful
bonds
made to the
at
the
office
as
soon
County
days
after date of sale.
The legal opin¬
ion of Orrick,. Dahlquist, Neff &
Herrington, of San Francisco, ap¬
proving the validity of the bonds
will
be
furnished to the
bidder
bonds
without
$10,000.
cashier's
or
payable
to
check
the
a
Jan.
the
County (P. O. Visalia), Calif,
Bond
Sale—The
on
—were
First
geles,,
awarded
National
as
s
$104,000 bonds
Nov. 9—v.
168,
the
to
Bank
of
p.
1947
Security
Los
An¬
follows:
$74,000 school building bonds as
3s, at a price of 100.44, a basis
of about 2.95%.
1948
and
1951
to
due
Dated Dec.
on
Dec.
1
1;
from
1963 incl.
30,000 building bonds
a
price of 100.29,
1, was
America
Savings
Bonds
of
Enclose
National
Port
legal
bidder
-
Trust
were
awarded
of America
National
Nov.
Bank
&
29
Savings
Association
of
San Francisco, as 2%s, at a price
of lOd.128, a basis of about 2.724%.
This
was
the
only
bid
for
the
issue,'
Bonds
dated
Denomination
15,
Dec.
15.
1948.
$1,000., Due $45,000
1958.
Principal
1949 to
ospital
construction
bonds.r. These bonds
bonds-
was
were
ized at the election held
16:
basis
a
bonds
are.
on
made
was
by
Ballman & Main;
Kindred & Co., joint-
and Barcus,
ly'
./"
St. Clair County Sch. Dist. No. 189
(P. Ot East St. Louis)) IIIi,
Bond Offering—John H. Steuer-
for
nagel, Secretary of the Board of
Education,
will
receive
sealed
check
(CST) on Dec. 16
for the purchase of $1,005,000 not
to exceed 3%% interest building
St'.
Joe, Fla.
Bond Sale—The issue of $93,000
general obligationbonds offered
Deo.
6—v.
168,
p.
2272 — was
of 1948 bonds. Dated
$80,000 in 1957 to 1962. Principal
and interest (F-A) payable at a
Inc.,
,
of
Ingen & Co.,
as 4s, at
a
basis of about
New
York,
price ofi 98.59, a
4.145%, This was the only bid; for
the bonds, which are dated July
1,
1948 and mature on July 1 from
Bonds
ma¬
turing from 1963 to 1968 inclusive
callable-
are
ment^ date-
from
on
date
accrued
on
or
of
after
issue
five
at
bank,
pay¬
years
and
par'
interest*
be
to
determined
by
the
purchaser, subject to the approval
of; the
Board
of
.
Education.
Bid¬
ders are requested to designate in
their bids the price they will pay
for the bonds bearing interest at
rate,
a
interest
any
Aug. 1, 1948:
Denom. $1,000. Due Aug. 1, as fol¬
lows: $75,000 in 1950 to 1956, and
not
or
than two dif¬
more
ferent, rates likewise to be desig¬
nated in their bids, provided that
each
interest
rate
designated
an
even
multiple of %■
1%, and that all bonds of the
same maturity shall bear interest
so
author¬
on
Nov.
1%
are
and
in
not
interest rate shall
one
named by each, bidder.
The
approving opinion of Ross, McCord, Ice & Millermf Indianapolis
file
on
and will
tne day of sale
on
be furnished
bidder
at
to the
the
suc¬
of
expense
the Township. No-conditional bids
will be considered.
Scottsburg, Ind.
Bond Offering — Roy L. Meranda, Town Clerk-Treasurer, will
receive
(CST)
of
sealed
bids
until
7
p.m.
Dec. 17'for the purchase
on
$13,500 not to exceed 3 x/2% in¬
utility revenue cou¬
terest electric
bonds.
pon
Dated Dec. 15, 1948. Denomina¬
tion
1;
$1,000,
one for $500. Due July
follows: $500 in 1949, $1,000
as
in
1950
1961:
1949.
3;
.
to
1960, and $2;000 in
maturing on and
The bonds
after July 1/1955, are redeemable
at' the option- of the
whole
or
in part on
or
Town; in
July 1, 1954,
interest,
any
thereafter,
payment
date
inverse numerical
in
order, at face value, together with
following premiums: 5% if re¬
deemed on July 1, 1954; or there¬
the
after
on
before
or
3% if redeemed
on
Jan. 1, 1959;
July 1; 1959 or
thereafter prion to maturity; plus
in each case accrued interest to
the
date
fixed
for
redemption.
Principal and interest (J-J) pay¬
able at the Scott County State
Bank,
Scottsburg.
Registerable
as to principal. Bidders shall name
the
rate
bonds
multiple
to
of
than
more'
interest
of
are
V4
stated
of, 1%,
in
and
interest rate
one
be named
which, the
bear,
a
not
shall
by each bidder. Deliv¬
of the bonds, will be made at
ery
shall; be
Augusta, Ga.
such bank in the Town as the suc¬
of
GEORGIA
cessful
Dec.
obligation
7—v.
.
at the
Bond Sale—The $1,850,000 2%%
general
bonds
offered
.
rate.
same
Purchaser
furnish
shall
the
printed bonds ready for execution*
Delivery of the executed bonds
awarded
will
be
of
The
District
in
made
East
has
no
St.
Louis.
bonded
in¬
debtedness and there is.no other
tile-Commerce Bank & Trust Co.,
St. Louis; Paine, Webber, Jackson
indebtedness
able from ad valorem taxes levied
The
penses.
except current ex¬
bonds will be pay¬
Curtis, and Chas. E. Weigold &
Co., both of NewvYork,.at a price
of 110.239, a basis of about 2.09%.
Sale consisted of:
tion
bidder
$375,0004 airport
//
Dee. 1 from
bonds*
Due
1949 to
1978
on
-
in-
elusive.
4100,000
•
fire
bonds!
protection
»
Dec.
from
1
1949
sewerage
bonds*
Due on
to
150,000
1978
park
bonds.
Due
to
-
Dec/1
of Ross. MCCord, ICe
Miller, of Indianapolis, together
with a transcript of proceedings
relating to the issuance of the
&
bonds
will
purchaser
Town.
be
Enclose
cashier's
check
Dec.
1
hospital
500,000
a
certified
from
cashier's check
or
for
$10,000,, payable to George
Gerold, Township School Treas¬
to
Due
on
1978
in¬
clusive.
Bond? Offering—Luther Kessler,
will receive sealed .bids
until
for
7:30 p.m.
the
of
$18,000
Dated Jan.
1958 inclusive.*
Enclose
a
Bank of New York.
works
cer¬
bonds
$90,000
offered
water
Dec.
price of
3^s.
$1,110,000
follows:
as
Due
1
on
Jan. 1 from
to
1977
inclusive.
165,000 3s.
Due
on
1975
Jan.
1, 1978
Offering
Philip Berg,
will receive
sealed bids until 2 p.m. (EST) on
Dec. 21 for the purchase of $36,000
not to exceed 3%% interest bonds,
Township
divided
as
$18,000
are
dated Jan.
1949.
Due
and
and
2167^r-were awarded to
tion
168,
the
p.
First
National
Bank
of
Chi¬
$500
July
$18,000
Due $500
Libertyville Elementary Sch. Dist,
No* 70-(P. O. Libertyville)) III.
Bond Sale—The $496,000 school
building bonds offered Nov. 30—
v.
—
Trustee,
follows:
1979.
All of the bonds
1,
•
Twp. (P. O. R. R. No. 2
Sunman), Ind.
Bond
Jan.
on
1950 to 1974 inclusive.
225,000 3y4s., Due
and
Indianapolis.
99.30j a net interest cost
of about 3.395%,
>
of
July.
Dated
school township bonds.
July 1, 1949 and Jan.
1, 1950 to Jan. 1, 1967.
civil township bonds.
July 1,, 1949 and Jan.
1, 1950 to Jan. 1* 1967*
Oct., 1,
1948.
Denomina¬
Interest J-J; Bidders
will; be required to name the rate
$500.
1.564.%.
Dec.
Due
inclusive.
and
100.716,
Dec.
Dated
high bid
of
a
1,
1, from 1949 to
Optional Dec. 1,
interest dates there¬
on
was
for l%s, at
Second
price
a
100.70.
Van Home, Iowa
Bond
018.68
Sale
was
—
An
issue
of
$8,-
on Nov. 29 to
Peter N. Kruse/uf Spencer, as 5s,
at
a
sol^i
price of
and
due
par.
on
Dated Nov. 1,
1, as fol¬
June
lows; $800 from 1949 to 1957 in¬
clusive, and $818.68 in 1958.
7—v.
168, p. 2167—were awarded to the
ILLINOIS
City Securities Corp., of Indian¬
apolis,
as
3y4s, at a price of
Belleville, III.
101.585, a basis of about 3.10%.
Bond Sale—The $1,500,000 sew¬ Dated
Aug. 1, 1948, and due on
age
revenue
bonds
offered on Jan. 1, from 1950 to 1973, incl. The
Dec.
1—v.
168,
p.
2272—were bonds are optional. Second high
awarded to a group composed of
bid of 100.81 for 3*4s was made
John Nuveen & Co* of Chicago,
by Raffensperger, Hughes & Co*,
Jackson
price-, of
a
after, prior to maturity,
1948
Griffith, Ind.
Sale—The
Bond
1953
2272-—were awarded
p.
at
of
,
3%
tified check for 2Ak% of bid.
Quail & Co., and the White-Phillips cq„ both of Davenport, at a
l3/4s,
1958
1, 1949.
Denomination $1,000.
Due $1,000
June 30, and Dec. 31, from 1950
to
are
3—v. 168,
(CST)-on Dec. 20
purchase
dated Dec.
high
bid
of
109.479 was made by a syndicate
headed
by ,< the Chase
National
All of the bonds
1,
1948.
Second
„
Bond Sale—The $150,000 county
1948.
school, bonds.
bonds.
,
County (P.O.
Lake), Iowa
nub'ic hospital bonds offered Dec.
basis
Trustee,
1949
or
payable
Vista
Storm
as
School Twp. (P. O.
Morocco), Ind.
from
certified
a
for $500,
IOWAi
Buena
,':
/■;■./
of the
to the Town.
INDIANA
recreation
from, 1949 to
1
Dec.
close
the
to
expense
The
Beaver Twp.
Decv 1
on
amount.
or
furnished
the
at
property
from
inclusive.
and
rate
designate,
ing oninion
opinion of Chapman & Cutler, of
Chicago, will be. furnished. En¬
improvement
-•500,000 street improvement bonds*
on
to
as
taxable
J urer.; r-*■,%:*
.1949 to 1978 inclusive.
Due
the
all
upon
may
within approximately 21* days af¬
ter the date of sale.
The approv¬
within the District without limita¬
from
are
The
1948 and mature
,,
obligation hospital bonds of¬
on
a
1978 inclusive.
County (P. O. Taft), Calif,
Sale—The $450,000 gen¬
the
2.91%.
awarded to B.J. Van
i
Dec.
v
price of 100.73,
a
about
bids until 8 p.m.
/
successful
O.
(P.
Second high bid of 101.13 for 3y4s
FLORIDA
of
Bond
fered
Jan.
certified
a
1949
,
without charge.
to
about
225,000 j
2%s, at
an(| interest (J-D) payable at the
a basis of
County Treasurer's office.
about 2.69%. Dated July
1,
Windsor Sch. Dist., Scnoma County
1948 and due on July 1 from
(P. O; Santa Rosa)) Calif.
1952 to 1955 incl.
Bond Offering — Sealed bids
San Gorgonio Pass Memorial
will be received until Dec. 27 for
the
Hospital District (P. O.
purchase of. $58,000 school
$200,000
Hartford,
154
of
be
Dec. 1 from 1950 to 1964 inclusive.
Seymour, Trust
was
San Francisco, approving the va¬
lidity of said bonds, will be fur¬
eral
the
at
on
(J-D) payable at the
City Treasurer's office.
the
in
inclusive./
and interest
to
interest
1978
as
Bond Sale—An issue of
rate,.#of
School
Nameoki
No.
dated Dec. 1,
Co., of Seymour, subject to legal
opinion of Day, Berry & Howard,
15, 1948.
Denomination $1,000.. Due $3,000
Dec. 15, 1949 to 1958.
Principal
Dec.
Banning), Calif.
the
County,
3s, at
of
De-
$1,000.
Due $10,000
1950 to 1957. Bidders to
1,
\
Nameoki), III.
Bond Sale—The $200,000 build¬
ing bonds offered Nov. 29—v.
168, p. 2272—were awarded to the
White-Phillips Co., of Davenport,
as
coupon
1949.
1,
Due
Association,
dated
are
Jan.
Asso¬
W est side Hospital District, Kern
^
Dated
delivered
of' $30,000
of 1948 of¬
awarded to
San Francisco.
Richgrove School District, Tulare /
offered
&
$80,000
multiple of 1/10 or
of-1%, to
payable at, certified by and
issue
bonds
of
Bank
of
be
of .America, /'
Savings
San
Dec.
on
nished
for
County:
;'V
fered
Berry
nomihation
'.,.///
dated Deer
opinion
of Orrick,
Dahlquist, Neff & Herrington, of
charge. These
Nov. 2. Enclose
on
Treasurer.
1
are
&
Bond Sale—The
The
success¬
authorized at the gen-:
were
election
certified
•
Dec. 15" from
Francisco,
high bidder.
of
improvement
Trust
the
as
be prepared, which it is
will be about 30
can
estimated
-
bonds.'
Sonoma, Calif.
in
Delivery
bidder
Treasurer's
be
must
of 1%.
off the bonds will be
eral
on
Bank
Trust
interest
in-the bid
multiple of
ful
ciation,
maturi¬
The
purchase
improvement, issue of 1949
r
rate
a
irrespective of
1963 inclusive.
1964 to 1968 inclusive*
National
of'- the* bonds.
Dec. 15 from
on
All of the bonds
ders^ will be permitted to bid dif¬
ferent rates of interest and to
split
ties
Dec. 15 from
on
inclusive.
500,000 2Y4s. Due
payable' at
the
Treasurer's office. Bid¬
County
the
than
more
cessful
&
Dec. 15 from
on
inclusive.
1959
"1960 to
1958, and $20,000 in
Principal' and in-i
1968.
to
330,000 2s. Due
(J-D) '
<
for
National
///
-
1953
to
1.954
Denomination $l,-;
Due Dec. 15. as follows:
$15,-5
terest:
'
>
& Howard, 750 Main Street, Hart¬
ford, until 3 p.m. (EST) on Dee.
13
of
bonds
,
multiple of. V4
a
59
bear, which interest shall be
will be
District
receive
of Day,
care
incl.
made by a group composed
Madison
168,
p.
2373—were
to a syndicate composed
Blyth & Co., Inc., ^irst Boston
of about 2.184%: Corp., both of New York; Mercan¬
460,000 l%s. Due
6%
interest hospital'
registered bonds. Dated
000 in 1949 to
the
of
$210,000 44AS. Due
15,-1948:
000.'
follows:
as
exceed-
Dee.
composed
net interest cost
a
vJitllr5 p.m. (Calif.-DST; or
Dec.j
20 for the purchase of
$350,000 nob
coupon or
sealed bids in
will
1968
to
interest: which; the
to
& Co.
Seymour, Conn.
Bond Offering—C. G. Hummel,
Treasurer,
1950
of
Halsey, Stuart & Co. Inc., Bacon
Whipple & Co., and R. S, Dickson
syn¬
a
of New York, R. W.
Pressprich & Co., Merrill Lynch,
Pierce, Fenner & Beane, all of
j
New. York, and Lyons & Shafto,
Inc., of Boston, at a price of par,
Directors will receive sealed bids-
to
to
awarded
was
1949.
Day,
Stoddard & Williams, at 0.834%.
Town
from
1
Second high bid of 101.76 for 2^5
8, 1948. Due April 29,
Second
high
bidder
was
City Bank
The Board of
—
2372—was
p.
Dated?
Jan.
awarded
Dec.
168,
2166—were awarded to Weeden*
p.
York,
2272—were
p.
Morgan & Co. Inc., of New
at O.i 83% interest. Dated
1950 to 1968 inclusive.
Jan. 1* 1963 and 1964.
Sr1*.
County
Jan.
on
incl.,
V
Board
168,
to J. P.
day
Bank -of
ings Association,/of San Frarncisco, at a price of 100.058, a net
interest cost of about 2.03%, as
be furnished the successful
bidder
follows: $70,000 l%s, due on Jan.
without cost: Enclose a certified
1, 1950 to 1953 inch; $169,000 2s,
or cashier's check for
3% of the
rington,
The
—
District
same
to/the
and A. G. Becker & Co.,
Chicago, jointly, as 2y4S, at a price
of 100.567, a basis of about 2.20%.
$300,000 tax
Dated Dec. 1, 1948 and due on
cago,
anticipation notes offered Dec. 6
$277,000
School
on
Sale
(2483)
Conn.
$1,000, payable to the Town.
- /
*
.
Union
premium, if any, offered for
bonds offered
the bonds bid for, and the rate or
were
awarded
rates of. interest, the bonds-shall
Orrick,/Dahlquist,
Note
name
•
date
approving, opinion
1961
1950; and
'f
delivery,; and state. separately
The
from
1
$14,000 4s,
the
bear.
to
incl., and $213,000 2y4s,
on
of: 100.05,
and ac¬
date of de¬
interest
1958
District bonds sold at
cash
par
,of
from
1
1969 incl.
Each-bid must be for the
accrued
incl.; $75,000 2s,
187,000 Alum Rock Union School
.entire amount of the bonds, must
state that the bidder offers
and
Jan. 1 from
on
Jan.
1960
par
the
to
1957
due
interest (J-J) payable
County Treasurer's office.!
be
l%s, due
on
Dis¬
price of
a
follows: $352,-
as
1950 to
and
bonds< will
School
interest cost of
net
a
2.05%,
due
15,
Denomination $1,000.
Due
Jhn. 15,- as follows:
$4,000 in 1950.
and $9,000 in 1951 to
1959; Prin¬
cipal
American
bonds sold at
about
1949.
atr the
the
to
Sunnyvale
trict
sealed
purchase- of
to exceed
bonds.
incl.
Darien,
follows:
(Calif. DST),
a.m.
for
not
•building
receive
1969
Trust Co., and the Weeden & Co.,
both of San Francisco, jointly, as
T. H. Sexton,
—
1950 to
awarded
were
San Diego
County (Pi O.
San Diego)i Calif.
Bond Offering
from
CHRONICLE
FINANCIAL
CONNECTICUT
—v.
-
•
School
County Clerk, will
1
Clara
County Sch. Dists.
(P. O. San Jose), Calif.
Bond Sale—The $827,000 build¬
ing bonds offered on Nov. 29
1963
.
:
Jan.
on
from
1
Santa
Feb.
on
and 1964.
The
*
interest
net
Nov. 30 to John Nuveen &
on
Co., of Chicago, as 3y4s, at a price
of 101.586, a basis of about 3.10%.
Dated Jan. 1, 1948 and due $10,000
1950 to 1962 incl.
•
.
sold
COMMERCIAL. &
KANSAS
Cottonwood Falls, Kan.
Bonds Sold—An issue of
water works system
bonds
was
Securities
2V4s
and
$35,000
improvement
sold to the Columbian
Corp., of Topeka, as
2,V2s.
The bonds are
dated Jan. 1, 1949 and mature on
July 1, as follows: $3,000 in 1950;
$4,000, 1951; $3,000 in 1952; $4,000,
1953;
$3,000,
1954;
$4,000,
1955; $3,000, 1956; $4 000,
1957;
$3,000 in 1958, and $4,000 in 1959.
Iola School District No.
10, Kan.
Bond Sale—An issue of $230,000
building bonds was recently pur¬
chased
by the Harris Trust &
Savings Bank, of Chicago, and the
McKinney-Ohmart Co., of Wich¬
ita, jointly, as l%s, at a price of
100.71, a basis of about 1.63%.
Dated Jan. 1, 1949 and due $23,000
on Sept:
1 from 1950 to 1959 in¬
clusive.
Interest. M-S.
Legality
approved by Stinson, Mag, Thom¬
son,
sas
McEvers & Fizzell, of Kan¬
City.
m
THE
(2484)
whole of
Offering—D.
Thomas,
A.
Chairman of the Board of County
Commissioners, will receive sealed
bids until 2 p.m. (CST) on Dec.
20 for the purchase of $250,000
hospital
coupon
bonds.
Dated
Jan. 1, 1949. Denomination $1,000.
!Due $13,000 March and $12,000
;Sept. 1/1950" to 1959.
Principal
and interest payable at the State
bonds,
on
called
if
before
or
plant system of the Town, and it
is understood and agreed that said
on or
before May
if thereafter and
1%
on
bonds shall be payable
earned
or<
before
May ly 1965, and without
premium
if
thereafter.
These
oonds are a part of a total author¬
ized issue of $550,000.
specified shall be an even
multiple of Ys of 1%. The print¬
rate
$80,000 Auditorium and. Swim¬
ming Pool. Second series bonds.
Dated Nov. 1, 1948.
Due $10,000
by the Board of Commissioners,
May 1, 1950, to 1957. Subject to'
hut- will be the responsibility of
prior redemption only in inverse
the purchaser.
Neither does the.
numerical
order
(less than the
Board of Commissioners assume
whole of a single maturity to be
the
responsibility to obtain an
selected by lot) on any interest
approving opinion of the legality
due date falling on or after Nov.
of the bonds.
The. Board will fur¬
1, 1949, upon 30 days' published
nish a bond transcript in all re¬
notice at par plus accrued interest.
spects according to law. The bonds
Denomination $1,000. Principal
were duly authorized at the elec¬
and interest payable at the Cen¬
tion held on Nov. .5, 1946. ' The
tral Trust Co., Owensborb.
The
bonds will be sold subject to reCity will, furnish printed bond
'jeetidir by the State School Fund
forms, the approving opinion of
Commission, which has the right
Chapman & Cutler of Chicago and
to purchase at par and accrued
Skaggs, Hays & Fahey of Louis¬
interest.
Enclose a
certified or
ville, and all bids may be so con¬
cashier's check for 2% of the total
ditioned.' ; vV Y. /. ' /.;
Y•■/ • ',f
amount of such bid.
/ / /
ing of the bonds will be furnished
Enclose
of the
These bonds were author-
efoonds.
at the
'
general election held
Nov.
.on
7;u
Shawnee
High
Rural
County
School District No. 10 (P. O.
:
;
Highland Park), Kan.
Sale—The $835,000 school
Lucas, Eisen &
of, Kansas City;
Co., and First Se¬
of
both
Kansas,
of
"Wichita, and Soden-Zahner Co., of
Kansas
City, at
price of 100.003,
a
net interest cost of about
a
follows:
«as
'/'■
23/4s.
.$220,000
2.26,%,
>/,//,•'>;Y;Y
1
Due
Aug.
on
15
from ,1950 to 1954. inclusive.
l%s.
220,000
from
Due
Due
15
Aug.
on
check
from
•
1966 inclusive.
1960 to
21/2S.
oh Aug.
Due
interest
net
a
bonds
offered
are
Dec.
7—v.
awarded
Controller,
City
will
receive
a.m. (EST) on
purchase of $947,-
17 for the
about
and
1.79%.
due
1949 to
the
purchase of $25,000
''. / / ;/Y
bonds..
.
school
Dec.
15,
./Y
/
1956,
$90,000 in
- \ ;
MASSACHUSETTS
Bristol
(P.
County
Taunton),
O.
awarded
were
26
of
Boston,
Dated ; Dec.
discount.
0.70%
•
1948,
build-;
and
due
on
April
able
by
all
of
its
tax¬
Legality approved
property.
Dated
$9,000
7,
or
bank
of
the
at
at
8,
of
interest
KENTUCKY
Franklin, Ky.
,and
sewer
Dec.
6
Bros.
•
Sale—The
&
were
Co.,
jointly, at
interest
offered
bonds
awarded
Boyce,
Bond
to
Stein
the Bankers
and
Louisville,
price of 103, a net
of about 3.21%, as
•/. •
both
a
cost
follows:
$160,000 water
revenue
Weil
p.
at
&
a
....
in
the
interest. Dated
0.798%
Second
on
National
Dec. 8,
Bank
Dec.
on
1949. The
of
Boston,
order
Dexter, Mich. •
Sale—The $48,000
Bond
bonds offered
revenue
basis
Sept.
from
in
numerical
inverse
aforesaid
Pressprich & Co., of New York,
l%s, at a price of 101.107, a
basis of about 1.61%. Second high
bid of 101.086 for* l3/4s was made
bonds, we do hereby waive the
mortgage on the physical proper¬
York, and the Harris Trust & Sav¬
in the event
cessful
bidders
the bonds.
and
revenues
untility."
of
torium
enue
B.
Owensboro, Ky.
Sale—The $130,000 audi¬
awarded
swimming pool
to
a
Nov. 30
group
Bond
Co.,
all
transcript
Bankers
one
bid
i'
a
Sale consisted of.:,
3y4s.
3s.
as
submitted for
was
the bonds.
f
f
as :
be furnished
\
V;
,
{
,
^
certified
a
check
for
purchased, payable
be
■{
"
Y
ft
'
Y/y
Offering—H.
the
-
..1-.^
Ruston, La.
; r
to
tY'
T. Richard¬
Mayor,1 will
receive sealed
bids-until 10 a.m. (CST) on Dec.
16 for the purchase of $425,000 not
to
exceed
4%
light
revenue
Jan.
i, 1949.
interest
electric
Due Jan. 1, 1950 to 1964.
terest J-J.
order
of
In¬
$4,000
and
'
Due
$10,000 Dec. 1, 1949
*
///■/•..
1968.;
to
Dated Dec.
1, 1948. Denom. $1,and interest pay¬
000., Principal
able at the Day Trust Co., Boston.
The bonds will be prepared under
the
supervision of and authen¬
to
genuineness by the
Day Trust Co., Boston, and their
legality
approved
by
Storey,
Thorndike, Palmer & Dodge, of
Boston, whose opinion will be
furnished the purchaser. Delivery
as
be
made at the Day Trust
against, payment in Boston
funds.
•*/
^
:
Callable in the inverse
their
maturities
on
Salem, Mass.
any
payment date on or after
price of $1.03 on
Bond
Sale—The
$80,000
water
Jan. 1, 1954, at a
bonds
the dollar of the face value there¬
p.
168,
2374—were awarded to Coffin
of
&
Burr
and
accrued
interest
to
the
,
and revenues to be earned by the
electric light and power plant sys¬
—
offered
Dec.
7—v.
of
Boston, as l%s, at a
price of 100.519, a basis of about
1.425%.
The bonds
are
dated Dec.
lv 1948, and due Dec. 1 from 1949
to 1963 inclusive. Second high bid
of
the
101.32
for
Merchants
Boston.
l%s
was
made
National1 Bank
The
$200,000
offered
bonds
by
of
and
certificates
awarded
was
issue
o
plan
power
offered Yd
Stat
the
to
Mutual Grain Dealers Fire Insur
Co. of Luverne, at a
ance
follows:
par, as
Y
'
price o
Y.,
(
month
Due' $2,000* eac
from Jan.
1, 1954 t
Dec. 1,
1958, both incl.
3V8s.
$120,000
132,000 ; 3 %s. Due $2,000 . eac
YY/ month from Jan. 1, 1959 t
on
Dec.
1, 1959, and $3,000 eac
from Jan. 1, 1960 t
month
con¬
Dec.
1—
Dec. 1,
1962, both inclusive.
high bid of 100.119 fo
Second
the entire issue
3^8
as
mad
was
by J. M. Dairi & Co./ of Mihne
apolis.
"//'Y Y'/
'• Y'V:vY'
1948—were awarded to
Stuart & Co. Inc., Chi¬
cago, as iy2s, at a price of 100.038, Olmsted County (P. O. Rochester)
a net interest cost of about 1.487%. Y'Y'YY;Y,Y"
Minn.
;.//'•
Dated Sept. 15, 1948 and due on
Bond Sale—The $750,000Yhospi
168,
v.
p.
Halsey,
March 15 from 1949 to 1953 inclu¬
sive.
////y
U'/y,,'
v
Hazel Park, Mich.
Sale—The $82,000 special
Bond
assessment
Dec.
on
6
paving bonds offered
were
2%s,
as
awarded
&
Donald-Moore
Co.
of
at a price of
to
Mc¬
Detroit,
100.093, a
basis of about 2.71%. Second high
■
Highway Equipment
Building bonds. Due $4,000
Dec. 1, 1949 to 1958.
40,000
utility bonds. Dated ;will
Denomination $1,- Co.,
ming Pool bonds. Dated May 1,
-1947. Due May 1; 1972. Subject to tem of-the Town. Each bid subj
prior, redemption only, in inverse iHiitted must contain the following
numerical order
(less ; than) the stipulation: "We. dp hereby agree
-
in 1959 to
1968.
•///■.. '•'/
200,000 School, Act of 1948 bonds.
1958,
ticated
\
Co., New
Trust
Sale
Bond
struction
$90,000 School bonds. Due Dec. 1,
as
follows: $5,000 in 1949 to
2%
principal amount of bonds
Bankers
revenue
on
.
ings Bank, Chicago, jointly.
suc-r
\ call date, and the bonds to be
I payable solely from the income
i $50,000 Auditorium. and Swim¬
the
by
passed
the
of the
interest
as
80,000 second series bonds
Only
at
follows:
$50,000 first series bonds
-
of( record
will
upon
J. B. Hil-* 000.
of Louisville,
as
rev¬
were
composed of
Stein Bros. & Boyce, J.
liard' &
Son
and
the
price of bar,
The approving opinion
Campbell/ of New Or¬
A.
Bond
and
to be earned by said
as
cessful bidder without cost to him.
.
bonds offered
suc¬
leans,, the printed bonds and the
son,
Bond
the
are
the
Light and Pow¬
er Plant System
of the Town of
Jonesboro, and it is understood
and agreed that the bonds shall
oe payable solely from the income
"
submitted for
was
we
for
of the Electric
Due on Dec. 1 from
Town.'
1959 to 1969 inclusive.
•
•
».
.-"J
bid
R.
order
light
Dowagiac Fractional Union School
District No. 1, Mich.
; /
-
Minn.
Sale—The
Certificate
3
bond
Minneapolis.
$252,000
Dec.
$65,00
Nov.. 29 to J. M. Dai
on
& Co. of
Dated
varying premiums depending
the date of redemption.
of
sold
was
1—v.
1, 1949, or on any subse¬
quent interest payment date, at
v;.*/,;
•
improvement
permanent
1, 1948 and due on Sept. 1
1952 to 1968 incl. Callable
Sept.
Dec.
on
Luverne,
2.74%.
about
of
1,
inverse
subsequent
any
Kenyon, Minn.
R.
a
order
v;
Dec.
in
callable
are
'
Bonds Sold—An issue of
system
Dec.
Y
dated
are
1, 1960,
interes
payment date, at par and accrued
interest.
»
/•:- Y./ Y-
p.
S.
and
on
or
2273—were awarded to
Livingstone & Co., of De¬
troit, as 2%s, at a price of 100.02,
168,
Bond Sale—Tye $200,000 tuber¬
bonds
numerical
water
distribution
and
supply
any
to
100,000 3V2s.
one
1948
any
bidder without charge.
successful
V/i Ya";/"Y
.
Dec. 1 from
1950 to 1958 inclusive.
Only
The
the bonds will be furnished to the
8,
Dec 1 from
on
1959 to 1968 incl.
second
•
of pext highest bidder, named a rate
1948, of 0.896%.
from
Essex County (P. O. Salem), Mass.
1,
Dec. 1,
inverse
maturities
Enclose
on
1950 to 1958 incl.
55,000 2y4s. Due
rate of 0.71%.
1948 and due
re¬
mitted must contain the following
stipulation: "We do hereby agree
of
.
,
$60,000 3V4s. Due
of
"/
/'/'
$45,000 13/4s. Due on Dec. 1 from
each
for
payment -period
follows:
as
option of the holder. Rate of
interest to be a multiple of y4 of
rate
awarded
to
Co., of St. Paul,
were
Shaughnessy &
the
interest
23741—
p.
the
The
V
,
the
at
f
Caledonia, Minn.
'
Bond Sale—The $100,000 per¬
manent
improvement
revolving
fund bonds offered Dec. 3—v. 168,
current official
City, in Chicago, or
City Treasurer's office, at
City,
1949. 1%.
Machinists National Bank
Taunton,
dated
'
168,
to
Dec.
on
195,3, incl. /
Callable
Stinson, Mag, Thomson, McFizzell, of Kansas City.
ties
Evers &
Bond
'
bank
National
the
to
Bank
cj*ued interest.
1957, $113,000 in
(J-D) payable the current official
of the City, in New York
V;.;'
$40,000 tuber¬
culosis hospital maintenance notes
offered Dec. 8—v. 168, p. 2373—
Sale—The
Jonesboro, La. >
/ / •- culosis
hospital bonds offered Dec.
Bond Offering—J
O. Tabarlet,
7—v. 168, p. 2374—were awarded
Mayor will : receive sealed*.-* bids to
R. L. Day & Co., and Whiting;
until' 5 p.m. (CST) on Dec. 16 for
Weeks & Stubbs, both of Bostdn,
:he purchase of $294,500 ndt to
jointly, as iy4s, at a price of
ixceed 4% interest electric light
100.311, a basis of about 1.19%;
revenue utility bonds., Dated Jan;
Dated Dec. 1, 1948, and due $20/
1, 1949.* Due Jan. 1; 1951 to 1964. 000 on Dec. 1 from 1949 to 1958
trict, payable from unlimited ad that
on
Bonds maturing
1, 1999 will be callable
on said date, or on any subsequent
interest payment date, in inverse
numerical order, at par and acafter Jan.
in
$68,000
1, 1949
Jan. 1 from 1951 to
on
inclusive.
1969
non-
1960, $180,000 in 1961, and $204,000 in 1962; Principal and interest
MaS8.
Note
follows:
as
dated Jan.
are
and mature
1958, $135,000 in 1959, $157,000 in
"
;
cheir
general obligations of the Dis¬
taxes
The bonds
callable public utility water re¬
(V. 0'.*FranklinUm), La.'
Bend Offering — The Secretary funding,
series "R,". coupon or
of the Parish School Board will registered bonds. Dated Dec. 15,
receive sealed bids until Jan.,6 for 1948.
Denomination $1,000.
Due
Shawmut
Co., of New Orleans, on a bid
flecting a
net, interest cost
15
State Treasurer's office. The bonds
valorem
168, p. 2273—were awarded to
Piper, Jaffray & Hopwood, of
Minneapolis, on a bid reflecting a
net interest cost of about 2.33%.
v.
'
Detroit, Mich.
Offering—John N. Daley,
.
.
Bond
'
are
building bonds offered Nov. 29—
of
cost
Washington Parish, Pine Sch. Diet. 000 not to exceed 4% interest
inclusive.
Second
bid -of
high
interest 1100.289 for
iy4s was made
by
payment date on or after Jan. 1,
from 1967 to 1969 inclusive. !
Eastman, Dillon & Co., New York.
1954, at a price of $1.03 on the
All of the bonds are dated Dec. dollar
Lincoln, Mass'.
o!£ the face'Valu^ thereof
15, 1948. Denom. $1,000. Principal and accrued interest to the call
Bond Sale—The $330,000 bonds
and interest (F-A) payable at the date. Interest J-J.
Each bid sub¬ offered Dec. 6 were awarded to R.
•
135,000
at
for 2%
.
15
1959 inclusive.
1955 to
2y4s.
310,000
Aug.
on
3y2s,
about 3.42%—v. 168, p. 1739.
high-' bidder, one bond shall be at one rate
V
■
only.
Bids will be conditioned
Aug. 15,"1948, and mature on Feb. Dedham
upon
the unqualifed opinion of
Housing Authority, Mass.
15 from 1949 to 1963 inclusive.
Miller,
Canfield,
Paddock
&
Note Sale-r-The issue of $280,000
Stone, of Detroit approving the
East Feliciana Parish/(P. O.
notes offered on Dec. 6—-v. 168,
legality of the bonds.''A copy of
Clinton), La.
p. 2373—was awarded to the Nor¬
their opinion as to the legality of
Bond
Sale
The
$45,000 jail folk County Trust Co., of Dedham,
2272—were
Co.
supply system revenue refunding
and extension bonds, as 3y4s and
Dec.
named
The
bonds
curities
County Consolidated
146 (P. O.
St. Clair), Minn.
Bond Offering — The $200,000
School District No.
purchase of $270,000 water
,
The
syndicate composed of the
Commerce Trust Co., George K.
Small-Milburn
MINNESOTA
—
ed to a
Co.,
"Waeckerle, all
recent
Dated
due
Blue Earth
Detroit, in the1
sealed bids until 10
Town.
ing bonds offered on Dec. 7—
v.
168, p. 2056—were awarded to
White/Hattier & SanforMCbPNew
bonds offered Dec. 1 were award¬
&
Fenner & Beane of
and
& Co.
Cincinnati, were asso¬
with Merrill Lynch, Pierce,
'
Bond
Baum
be
to
certified
a
principal amount of bonds
purchased, payable to the
Orleans.
convalescent"* home
$250,000
tized
Bond Sale—The $325,000
ciated
part of r
1948,
1,
of
cessful bidder without cost to him.
(P. O. Lake Charles), La.
County Clerk, will receive sealed
-bids until Dec. 20 for the purchase
tof
DistJ No.
Right is
by said utility."
a
aboutv 2.957%.
of
$5,000 on
Dec. 1, from 1949 to 1957, incl.
Second high bid of 100.11 for 3s
was
made by McDonald, Moore
Xngen & Co., New York, S. R. Liv¬
ingstone
&
Co.,
Detroit, Fox,
Reusch & Co., of Cincinnati, and
the
Cincinnati
Municipal Bond
Corp.,
3s, at
basis
Dec.
Van
J.
Details—B.
Sale
as
a
Corp., of De
price of 100.211,
Michigan
of
troit,
(P. O. Flint), Mich.
Bond
be
to
approving opinion
of B. A. Campbell, of New Or¬
leans, the printed bonds and the
transcript
of
record
as
passed
upon will be furnished the suc¬
LOUISIANA
Calcasieu Parish Sch.
solely from
revenues
the bonds.The
;
County (P. O. Hutchinson),
Kansas
/
:
Bond Offering—A. H. Ahrens,
and
reserved to sell all or any
■
Heno
income
the
1,
First
-
Metropolitan District
Beecher
waive the
ties of the electric light and power
redemption
1954, 2% if
May 1,
thereafter and
1960,
for
.MICHIGAN
suc¬
aforesaid
the
hereby
do
we
the
we*are
for
mortgage on the physical proper¬
premium
amount
bidder
cessful
by, lot)
plus accrued interest, plus a
of 3% of the principal
par,
interest
Each
office.
Treasurer's
a
selected
Monday, December 13, 1948
CHRONICLE
FINANCIAL
&
that in the event
single maturity .to be
on any interest
due date on or after May 1, 1949,
upon 30 days' published notice at
,Lyon County (P. O.
Emporia), Kan.
Bond
COMMERCIAL
bid
of
100.02
by
Braun,
for
23As
Bosworth
Toledo.
&
Co.
of
Denom.
are
dated
Dec.
1,
$22,000 in 1954. The bonds
maturing in 1954 will be subject,
168
8—v.
Dec.
price of 100.103, a net interest cos^
of about 1.386%.
Dated Dec. 1
195
1948, and due on Dec. 1, from
The bonds matur
ing in 1960 and thereafter ar
callable on Dec. 1, 1959, or on an
subsequent interest payment dat
to
incl.
1964,
MISSISSIPPI
1953,
and
to
offered
bonds
2273—were awarded to a grou
composed of Otis & Co., Cleve
land; Central Republic Co.; Demp
sey & Co., and Ballman & Main
both of Chicago, as
1.40s, at ^
p.
$1,000". Due Feb. 1,
follows: $15,000 in 1950 to
as
made
.
bonds
The
1948.
was
tal
^
"•
v-
'>
,-im
,
y*
\
■
v
•
County (P. O. Hattiesburg)
Forrest
Miss.i
;"*Y■
.Y
t
;,n
i
redemption prior to maturity / Bond Sale—The $450,000 brldg*
the option of the City in inverse bonds offered Dec. 7lu-v. 5168, p
at
numerical
order
interest
on
any
one
or
dates on
and after Feb. 1, 1951, at par and
accrued
interest.
Principal
and
more
payment
interest (F-A)
payable at the Na¬
2374—were
headed by
awarded 'to
a;
grou]
the First National Banl
Memphis. Dated-Jari/l, 194£
$45,000 on March 1', fron
1950 to 1959, incl.
• -'i
of
and due
tional Bank of Detroit. Bids shall
Gulf port,
Miss,
'j.t,'
upon the unquali¬
Bonds
Publicly Offered n- Th<
opinion of Berry, Stevens,
Barbier & Evelyr of Detroit, ap¬ following 23/4% bonds aggregating
proving the legality of the bonds. $250,000 are being publicly Offere^
be conditioned
fied
The cost of said legal
of the.
opinion and
printing of the bonds will
by Weil & Arnold of New
be
paid by the City. Bonds will
delivered at Detroit, or such
other
place, as may be agreed'
upon with the purchaser.
v
Bond
"plant
bonds
offered
Jan.
on
be
Ontonagon, Mich.
Sale—The $45,000
1
from
1950
to
Du<
1969
incl.
100,000
fire
and
ment
1
bonds.
from
water
Orleans
$150,000 water work's bonds.
1950 to
The
Dec.- 6—v; 1949.
bonds
are
street
Due
depart
Jan.
on
1969, incl. '
dated
Priri
payable aj
Denomination $1,000.
it»8, p. 22v3—were awarded to the cipal and interest (J-J)
.
Jan.
Volume 168
the
Number 4759
Guaranty Trust Co., New
•
Legality
approved
by
York.
Charles
Louis.
&
-Trauernicht
The
issue of
bonds
of
$425,000 authorized at
an
election in September.
Bond Sale—The issue of
awarded
was
The
—
$500,000 water works
"mprovement bonds, part, of the
1,000,000 for which bids were re¬
Sept. 15, are being pubicly offered by Weil & Arnold,
bids
until
Dec.
150,000 2V2% bonds. Due $50,000
on April 1 from 1950 to 1952
inclusive.
bonds.
April'1
on
Due
from
$50,-
1953
to
150,000 2%% bonds. Due $50,000
on April 1 from 1957 to 1959
All of the bonds
oth
Jan.
15, 1949.
000.
to
City
erest
callable
are
on
Oct.
on
subsequent in-
any
5
right
the
bonds
inverse
in
at
which
time
called
the
for
or
office
Prin¬
of
payable
(J-J)
the
Box
Butte
payment
date, in inverse County Treasury at Alliance. In¬
at par and ac- terest rates bid shall be expressed
Principal
and in rates of percent and fraction
nterest
(A-O)
payable
at the or decimal thereof, but all bonds
eposit Guaranty Bank & Trust of a same maturity shall bear a
o., of Jackson. Legality approved
common rate.
The City will pro¬
Charles & Trauernicht, of St. vide printed bonds and the
opin¬
ouis.
-•
'
ion on the validity of the issue
by
Wells, Martin
&
Lane,
of
Neshoba County (P. O.
Omaha, together with payment of
Philadelphia), Miss.
all
registration charges of the
Bonds Sold—An issue of $130,bonds in the office of the State
00,2%% hospital bonds has been
Auditor and the County Clerjt of
urchased by M. A. Saunders &
Box Butte County.
Delivery of
o., of Memphis.
Dated July 1,
the bonds shall be at Alliance on
948 and due $13,000 on July 1
or
before Feb. .1. 1949. Enclose a
rom
1949 to 1958 inclusive. Incertified
or
cashier's check for
erest J-J.
Legality approved by
$5,800, payable to the City Treas¬
harles
&
Trauernicht, of
St.
umerical
rued
order,
interest.
•
.
houteau
County High Sch. Dist.
(P. O. Big Sandy), Mont.
No. 2
Bond Sale—The issue of $75,000
uilding bonds offered on Dec. 3
Bond
Offering
Bank of
Beatrice,
as
election
$122,000
Dover,
Bond
offered
onds—v.
District
168,
649
p.
due
No.
to
2273—has been
some
question
the legality of the proceed¬
'ancelled
ings.
.
Roosevelt
to
Dec.
on
H.
N.
Sale—The
$112,000 bonds
2
were
awarded
Kidder, Peabody & Co., of New
as l%s, at a price of
basis of about 1.61%.
York,
a
100.447,
Second
l%s was
made by W. E. Hutton & Co., and
Harriman
Ripley
&
Co.,
Inc.,
bid
high
of
for
100.34
County High Sch. Dist.
jointly. r
"r •
" • y
'/;r> ;
No, E. (P. O. Froid), Mont,
Sale consisted of:
>71
iBond Offering—Roy M,'Nelson,
istrict Clerk, will receive sealed $103,000 Improvement .bonds. Due
"Dec. 1, as follows: $10,00t) in
lids until 8 p.m. (MST) on Dec.
1950 to 1959,
and $3,000 in
.1 for the purchase of $75,000 not
<
ion
and
interest
equipment bonds. Dated
the
chool
Board.
onds
divided
r
he Board
ine
choice
If
issued
are
be put into
ay
into
of
the
amortization
sold
and
they
single bond
one
several
bonds
of Trustees may
as
deter-
upon at the time
of sale
principal and interest (J-J)
oth
o
second
be
payable in semi-annual in-
Water bonds. Due
1, 1950 to 1958.
9,000
Dec.
Tan.' 15, 1949. Amortization bonds
vill be the first choice and serial
onds
to
1958.
sessment
in
Dated Dec.
tion $1,000.
1, 1948. Denom. $1,Principal and interest pay¬
Bidders
Boston.
of
rate
of
1/4
must
in
interest
bonds
950,
and
issued
are
become
payable
like
a
issue.
of
sold
and
Jan.
on
amount
If
15,
1%
for
all
of
the
of
bonds.
They will, be engraved under the
of and authenticated
genuineness by the
supervision
their
to
as
National
First
Bank
of
Boston.
the
on
This
must
consider
stituting
;
and
after
issue.
of
for
alue
not
with
11 bidders
10 years
The
less
than
interest
accrued
must
their
state
be
Dec.
on
par
and
the lowest
Sale
Bond
N. J.
the
borne
The
9—v.
awarded to
ight to reject
to. sell
a
and
any
the
ale. Enclose
reserves
bonds
at
all
the
bids
private
certified check for
3,750, payable to the above Clerk.
and
of
Bonds
Sold
—
Investment
The
hased $75,615 3%
lg $55,000
15 sewer.
State
BoarcTTias
&
&
pur-
bonds, inelud-
civjic center and $20,-
2375—were
p.
Co.,
Cross,
Rand
Campbell
Chicago;
bonds
000
&
Co.,
of
a
21/£s, at a price of
basis of about 2.475%.
as
The
Land
168,
Newark, and Paul Frederick &
Co., of New York, taking $1,499,100.11,
Shelby, Mont.
$1,500,000
Philadelphia;
& Co.,
R. D. White
& Co., all of
York; McDougal & Condon,
New
Trustees
—
syndicate composed
a
Stroud
of
loard
of
the
by the
rate
Na¬
In bid¬
bidders
the
bonds
as
interest
of
bonds
bid
the rate named must be
of
1/20
of
1%
and
con¬
a
to
for
be
and
multiple
the
be
must
for all of the
same
bonds bid for.
The successful bidder will be fur¬
nished
with
the
opinion of Reed,
Hoyt & Washburn of New York
City, that the bonds are valid and
legally binding obligations of the
Town.
Enclose
cashier's
certified
a
treasurer's
or
bonds
check
and
mature
dated Jan.
water
eral improvement)
168,
bonds
$17,000
and
;
gen¬
—v.
offered Dec. 7
p.
basis of about 1.66%.
The bonds
$180,000 not to exceed
6.% interest
|
sewer
Sale—-The
offered
United-
sewer
■
cipal and interest (J-D) payable*
168,! at the First National Bank of
to
the
Toms
River.
Bidders
must
state
Gypsum Co.,
of in their
proposal the rate of in¬
price of par. Bonds1 terest
(naming a single rate) the
interest rate.
Dated Nov.,
bonds are to bear, expressed in a
at
no
1948
bid
$51,000
Due Dec. 1,
1949 to 1968,
$5,000 in 1969 to 1988. Prin¬
States
Clark,
1,
$1,000!
follows: $4,000 in
and
awarded
•
coupon or reg¬
Dated Dec. 1, 1948.-
as
Oct. <28—v.
on
istered bonds.
a
and
to
due
1952
Nov.
on
inclusive.
1
from
Only*
one
submitted for the issue,
was
j
multiple of Va or 1/20 of 1%. The
legality of the bonds will be ap¬
proved
by
Caldwell,
Marshall,
Trimble & Mitchell of New York
Clifton, N.J.
!
City, whose approving opinion will
$1,046,000 bonds
.
Bond Sale—The
furnished
be
the
to
purchaser
p. 2274
without charge.
The bonds will
syndicate
be delivered on Dec. 30, 1948, or
composed of B. J. Van Ingen &>
as
soon
thereafter as they may
Co., Inc., New York; Fidelity Un-j
,iqn Trust Co.,...of Newark; Ira, be prepared. Enclose a certified
Haupt & Co.,-New York; J. S. cashier's or treasurer's check for
2% of the amount of bonds of¬
Rippel
&
Co.,
and
offered
Dec, 7—y. .168,
on
—were;
awarded
<
to
a
MacBride,1
Miller
&
Co., both of Newark, fered, payable to the Township;
;
v '
taking $1,044,000 bonds as 2y4S, at Treasurer./
a price of
100.249, a b^sis of about
May wood School District, N. J.
2.23%. The bonds, issued for vari-* -;Bond Sale—The
$425,000 school
,
ous
new
dated
^capital
purposes,
bonds
are
Nov.
I,, 1948, and mature1
serially on Nov. 1, from 1949 to
1978, incl.
Second high bid :of
100.389
for
$1,042,000 2.30s wasi
made, by a syndicate headed
byj
Byrne and Phelps, Inc., New York;
p.
&
Sherrerd
Dominick
East Newark, N. J.
„
.
Mahon,
Borough
sealed
(EST)
on
of
$24,000
will
until
8
re¬
p.m.
Dec. 20 for the purchase
not to exceed 6% in¬
'
Dominick
as
and
of
New
a
price
2.20s at
bonds
dated Oct.
are
mature
1968
Oct.
on
1
inclusive.
1, 1949
from
1949
Second
was
high,
madar
account.
Mendham, N. J.
•-
Bond Sale—The
.
$14,000 paving bonds.
$10,000
street
improvement
bonds.
&
by B. J. Van Ingen & Co. Inc. and
Byrne and Phelps, Inc., in joint
registered bonds,
follows:
as
168,
Philadelphia
bid of 100.059 for 2X/4S
-
terest coupon or
divided
Clerk,
bids
8—v.
of 100.007, a basis of about 2.199%.
to
Bond Offering—Edward M. Mc-
Dec.
of
York, jointly,
The
j and
:
offered
2274—were awarded to Butcher
improvement
Dec.
6
—
168,
to J.
awarded
$38,000 general
offered
on
bonds
v.
f
2169
p.
—
were
S. Rippel & Co. of
—
1.77%.
Sale consisted of:
$4,000
street
Due
D&Cjrl, 1.95Qf,
,32,000-
1950 to
7,000
.
'
%
Due On. Deq. T from
i'*
1956 inclusive,
housing
emergency
Due
on
1953
from
1
The
bonds.
1949
to
are
dated Dec.
Township (P. O.
Cedar
Grove), N. J.
Offering—M. C. Mitchell,
Bond
Township Treasurer, will receive
sealed bids until 8 p.m. (EST) on
000
for
13
to
not
or
coupon
vided
the
purchase of $64,-
exceed
interest
6%
registered
follows:
as
bonds,
di¬
„
water
Dec.
1, 1949 to 1971.
will
be
sold
-
;
1, 1948. Denomina¬
Said issue of bonds
$1,000.
as
a
combined
issue
constituted one
single issue, and the bonds stated
in combination mature Dec. 1, as
follows:
$5,000 in 1949 to .1952,
$4,000 in 1953, $2,000 in 1954 to
as
though
they
1971, and $1,000 in 1972 to
Bidders
must
State
in
their
1975.
pro¬
posals the rate of interest (naming
a single rate for all of said bonds
as if they constituted a single is¬
sue) the bonds are to bear, ex¬
pressed in a multiple of % or 1/20
of
1%.
Principal
and
interest
(J-D)
turing in 1955 and thereafter are
callable on Jan. 1, 1954, or on any
Cedar
subsequent interest payment date,
well, Marshall, Trimble & Mitch¬
bonds
Bank
at
of
v t-V/duh > hbidder will be
with
the
opinion
of
Delafield
City, that the bonds are
legally binding obliga¬
valid
and
cashier's
or
the
payable to
Landis
Twp.
&
Township
Wood
check for
of
$480,
Borough.
(P. O. Landis), N. J.
Bond Offering—John
J. Daneri
Clerk,
will
receive
a.m. (EST) on
purchase of $55,-
sealed bids until 11
20
Dec.
000
for
not
the
to
emergency
exceed
6%
interest
housing
coupon
bonds.
Dated Dec,
or
1,
$1,000.
Due
Dec. 1, as follows: $4,000 in 1949
and 1950, $5,000 in 1951, and $6,Denomination
1948.
000 in 1952 to 1968.
Bonds matur¬
ing in 1954 to 1958, will be sub¬
ject to redemption as a whole or
in part in the inverse order of
their maturities at the option of
the Township at par and accrued
interest on Dec. 1,- 1953, or any
interest
as
payment
date
thereafter
provided in the bonds. Princi¬
pal and interest payable at the
Township Treasurer's office. Each
proposal must specify in
tiple of: V& or 1/20 of 1%,
of
rate
are
be
interest
which
a
mul¬
single
the
bonds
a
bear, and no proposal will
considered which specifies a
to
higher than the lowest rate
stated in any legally acceptable
rate
successful
will be furnished with the
sealed bids until 8 p.m.
Hawkins, Delafield & Wood of
the
New York
valid
and
City, that the bonds are
legally binding obliga¬
Enclose a
tions of the Township.
certified
or
cashier's
check
for
$1,100, payable to the Township.
on
bated
1, 1948. Denomina¬
Due Nov. 1,-as fol¬
1949 to 1958, and
$10,000 in 1959 to 1973. Principal
tion
Noy.
.
$1,000;
lows: $15,000 ip
and interest
(M-N) payable at the
First National Bank of
Bloomingproposal must specifyin a multiple of Vs or 1/20 of 1%
a single rate of interest which the
dale.
Each
bond
to bear and
proposal
specifies
a rate higher than the lowest rate
stated in any legally acceptable
proposal.
The successful bidder
are
no
will be considered which
will be furnished wih the
opinion
Hawkins, Delafield & Wood of
York City, that the bonds
are valid and legally binding ob¬
ligations' of the Board of Educa¬
of
New
tion.
ized
These
are
the
at
Enclose
7.
the bonds author¬
election
a
held
certified
check
for
Board
or
on
Dec.
cashier's
of Education.
$6,000,
payable
to
Riverside School District (P.
tho
O.
Riverside), N. J.
Bond Sale—The
offered
bonds
2274—were
$200,000 school
D.ec. 6—v. 168, p.
awarded to Julius A.
Rippel, Inc., and F. R. Cole & Co.*
both of
at
Newark, jointly, as 2.10s,
price of 100.189, a basis of
a
about
1.87%.
The
bonds
are
dated Dec. 15, 1948 and mature on
Jan.
15
sive.
from
1950
Second high
for 2.15s
was
to
1965
inclu¬
bid of 100.077
made by Hess & Co.
T
f
Sea
opinion
of
The
(EST)
Dec. 17 for the purchase of $300,000
not
to
exceed
6%
interest
school coupon or registered h'onds.
bidder
proposal.
Cedar
First Na¬
Grove,
Grove.
The legality of the
will be approved by Cald¬
payable
;/
Hawkins,
registered
bonds. Due $1,000
1, 1949 to 1975.
14,000 Sewer bonds. Due Dec. 1,
as
follows: $3,000 in 1949 to
1952, and $2,000 in 1953.
23,000 Sanitary
Sewer Assess¬
ment bonds. Due $1,000 Dec.
$27,000
j
successful
furnished
tions
1, 1948.
Dec.
proposal.;-*-
New York
bonds
Cedar Grove
no proposal will
which specifies a
higher ,-than ; the lowest, rate
stated(? in,. any-legally acceptable
:
inclusive.
Dec.
bear, and
considered
be
rate
improyement
general
''/"bonds!
to
are
bonds.
assessment
tional
1
The bonds
of
until
Newark, as IV2S, at a price of
1, 1948, and mature
Dated Dec. 1, 1948.
Denomina¬ 100.026, a basis of about 1.49%.
1, from 1949 to 1958, incl. tion $1,000. Stated in combination Dated Dec.
1, 1948 and due on
Second high bid of 100.17 for l%s the bonds will mature Dec.
1-, as Dec. 1 from 1949 to 1955, inch
was made by J. S. Rippel & Co.
follows:
$3,000- in 1949 to 1953, Second high bid of 100.018 for
$2,000 in 1954 to 1957, and $1,000 IV2S was made by F. R. Cole &
Carlstadt, N. J.
in
1958.
Principal and interest Co.
Bond Sale
The $43,000 bonds
(J-D) payable at the West Hudson
offered on Dec. 8—v. 168, p. 2274
National
Bank,
Harrison. - Each Pequannock Twp. School District
—were awarded to Boland, Saffin
(P. O. Pequannock), N. J.
proposal must specify in a multi¬
& Co. of New York, as 1.80s, at a
Bond
Offering — Elizabeth D.
ple of 4/8 or 1/20 of 4%, a single
price of 100.123, a basis of about
Eley, District Clerk, will receive
rate of interest which the bonds
ma¬
Jan.
purchase
the
of
bids
Dec. 20 for the
dated Dec.
1950
on
inclusive.
2%
sealed
on
Dec.
from
1972
for
Township (P. O,
ceive
Bridgeton, N. J. 1
Sale—The $42,000
1949
to
check
1740—were
for
1,
are
Bond
bonds
or
$3,900, payable to the Town.1
tion
housing bonds offered
emergency
ate of interest at which they will
urchase of the bonds at par.
The
nd
the
to
,f;
Bayonne,
Roosevelt
nd
charge
soon
.
name
NEW JERSEY
/
,
from the
bonds will
First
a
Dated Dec.
ulLomany interest payment date
ate
the
at
single issue of bonds.
proposal
submitted
must
Each
<
,
old
without
purchaser.
each year; thereafter
mtif iall of such bonds are paid,
"he bonds) will be redeemable in
rom
Denomina¬
the. bonds,
bank
that the
day
ame
as¬
Principal and interest
for
one
name
multiple
a
furnished
erial
period of 20
a
date
1,£ 1948.
ding
as
on
Denomination
,
tional Bank of Belleville.
able at the First National Bank of
vill
the
improvement
payable
(J-D)
or
Bond
Offering — Benjamin VT„
Hartman, Director of the Depart¬
there-, ment of Revenue and Finance,
delivered
offered, payable
Township Treasurer.
;
the
Clark
1950 and 1951.
All of the
hey will. be. in the amounts of
il,000 and $750, the sum of $3,750
during
from
1953, and $6,000 in 1954
local
be
amount of bonds
to
bonds.
Due Dec. 1, as
$7,000 in 1949, and $6,000
follows:
$1,000
Dated Dec.
000.
treasurer's
1949
$19,000
<
will further
certify
legality of each issue has
been approved by Storey, Thorndike, Palmer & Dodge, of Bostpn,
a
copy of whose opinion will be
tallments
'ears
improvement
1, as follows:
Dec.
Long Beach Twp. (P. O. Brant
Beach), N. J.¬
receive
they may be prepared., will
a
certified, cashier's or 2 p.m. (EST)
Enclose
bear
1950 to
will
1948,
as
di¬
follows: $4,000 in 1949, $5,000
as
1960.
construc-
28,
after
1,
in
'
6%
bonds
p.
*
exceed
bonds,
|
61
purchaser without charge. 1
Rahway), N. J.
public
Due
.
o
The
$10,000 in 1949 to 1953, $12,000 in
1954, and $15,000 in 1955 to 1958.
$54,000 water bonds. Due Dec.
are
2X/2S.
NEW HAMPSHIRE
Cancelled—The
the
follows:
bonds.
on
6 offering of $180,000 Special
improvement
registered
or
as
a
Sept. 28
to
interest
tional Bank and the First National
the
at
Great Falls, Mont.
to
vided
6%
have been sold to the Beatrice Na¬
thorized
Piper, Jaffray &
op wood, of Minneapolis, as 3%s.
s
coupon
exceed
2274—were awarded
to J. B. Hanauer & Co., of New¬
ark, as 1.70s, at a price of 100.165,
awarded to
ec.
to
Bond
Bonds Sold—The $35,000 bridge
repair and right-of-way bonds au¬
MONTANA
not
($25,000
Beatrice, Neb.
ere
000
urer.
ouis.
.
sealed bids until 8 p.m. (EST) on
Dec. 17 for th& purchase of $195,-
such
on
payment.
interest
and
in
they
on
from date, together
accrued 'interest
cipal
and
at par and
any
order
years
bonds
$50,t
and redeem any
pay
numbered
at
bonds. Dated
1951, $45,000 in
reserves
the
with
inclusive,
on
1961, and $30,000 in 1962.
all of the
or
$1,000.
maturing from 1954 to 1959,
Denomination
or
and
R.
(2485)
ell, of New York City, whose approving opinion will be furnished
Dec.
Belleville, N. J.
Offering — Florence
Bond
Denomination $1,-
option to call,
after
1953
1950
1952
The
par.
100.05, for
$580,-
Due Jan. 15, as follows:
in
Oct.
1948.
onds
,
dated
are
(MST)
p.m.
coupon
are
^inclusive.
Second high bid
$1,500,000 2.60s was
made by Phelps, Fenn &
Co., Inc..
New York, and Associates.
000 not to exceed 4% interest elec¬
revenue
CHRONICLE
Morely, Town Clerk, will receive
16 for the purchase of
000
1956 inclusive.
'
7:30
price of
a
of
3X/2S.
as
Alliance, Neb.
Offering — F. R. Notson,
Clerk, will receive sealed
City
at
FINANCIAL
Board
Bond
tric
000
State
Commissioners,
on
f New Orleans:
•
the
to
NEBRASKA
ollowing
200,000 2 y4%
$10,000
construction bonds offered Nov. 27
of Land
Jackson, Miss.
Bonds Publicly Offered
jected
COMMERCIAL &
Yellowstone County School District
No. 50 (P. O. Billings), Mont.
St.
part of the
are
THE
Bond
Bright, N.J.
<
Sale—The $45,000 build¬
ing bonds offered Dec. 3—v. 168,
p. 2274—were awarded to Camp¬
bell & Co.y of Newark, as 2V2S, at
a
price of 100.22,■ a basis of about
Dated Ded. 1, 1948. Due
2.465%.
On
Dec.
1, from 1049 to 1962 incL
62
THE
(2486)
COMMERCIAL
I
Second
2.60s
high
NEW
No.
District
1
J
(P. O. Williamsville), N. Y.
Sale—The
$40,000 con¬
Bond
struction
bonds
Dec.
offered
7—
2376—were awarded to
Bacon, Stevenson & Co., of New
York, as 1.80s, at a price of 100.19,
168,
v.
cashier's
p.
1, 1948, and due $4,000 on Dec. 1,
1949 to 1958, incl.
Second
high bid of 100.11 for 1.80s was
made by Roosevelt &
Cross, of
from
New York.
to the
York.
.
Eastckester
Union
Sch.
Free
Dist.
No. 1
(P. O. Tuckahoe), N. Y.
-Bond Sale—The -issue of $42,500
school .site bonds offered
to
awarded
was
Dec.
on
First 'Na¬
the
tional Bank of Tuckahoe, as 1.70s,
at
price
a
of
100.04,
basis of
a
about 1.694%. Second high bid of
100265 for 2s
made
was
by Fran¬
cis I. DiiPont &
Co., of New York.
Nov. 1, 1948.
Denom. $1,000, one for $500. Due
Nov. 1, as follows: $2,500 in 1949,
$3,000 in 1950 to 1961, and $2,000
in 1962 and 1963. Principal and
interest
(M-N) payable at the
First "National Bank & Trust Co./
of Tuckahoe. The approving opin¬
ion of Vandewater, Sykes, Heck¬
ler &
Galloway, of New York
City, will be furnished" to the
purchaser without cost.
Bonds
certified
a
for
payable
dated
are
S.
as
bids until
for
14
10:30
the
(EST)
a.m.
est
drainage—1949
istered
of
purchase
inter¬
coupon or reg¬
Elmira, N. Y.
Dated Jan. 1, 1949.
$1,000, one for $500.
Due Jan. 1, as follows: $17,500 in
1950; $15,000 in 1951 to 1964; $10,000 in 1965 to 1972, and $5,000 in
1977.
to
ational
Dec.
bonds
area
8—v.
awarded
168,
offered
p,
Bros.
Rate of
interest to
City,1
afield & Wood, of New York
will be furnished to the
purchaser
Enclose
cost.
certified
a
Holland, Colden and Wales Central
School District No. 1 (P. O.
Holland), N. Y.
Bond Sale—The $55,000 school
building addition offered Dec. 7—
v.
168, p. 2275—were awarded to
R. H. Johnson & Co., and Herbert
J. Sims & Co., both of New York,
jointly, as 2.20s, at a price of
100.19, a basis of about <2.18%.
Dated
Dec.
Dec.
1
1948
1,
from
1949
due
and
len,
to
1968,
incl.
made by. George B. Gibbons
Co., Inc., and Chas. E. Weigold
Co., both of New York, in joint
Sc
Sc
(EST)
bids
Dec.
on
will
until
&
15
for
Dist.
New
$30,000 not to exceed 2%
interest
fire
apparatus purchase
registered bonds. Dated
Dec. 1, 1948. Denomination $1,000.
coupon or
Due $3,000 Dec. 1, 1949 to 1958.
Principal and interest (J-D) pay¬
able
of
at
the
First
National
Bank
Farmingdale. Rate of interest
to be in
of
1%
multiple of y4
a
and must
be the
all of the bonds.
or
Bond
vive
York
Offering —Walter
sealed
Fas-
(EST)
bids
Dec.
on
until
16
re¬
11
the
for
a.m.
pur¬
chase of $11,000 not to exceed 5%
interest
construction -coupon -or
registered
1948.
for
June
The bonds will
and
1959.
bonds.
Dated
Denomination
1,
Dec.
$500.
1,
Due
follows: $1,500 in 1950
1951, and $1,000 in 1952 to
Principal and interest (J-D)
as
be delivered at the Village Clerk's
office.
^Enclose
a
certified
or
payable at the Town Supervisor's
cashier's
office.
to the
check for
$600,
payable
^Village.
a
Bond
Sale—The
bonds offered
water
7—v.
168,
p. .2376—were awarded to Bacon,
Stevenson & Co. of New York, as
l3/4s^at a price of 100.186, a basis
of
about
1.71%.
dated Jan. I,
July
The
from
1949
Second
high
bid
13/4s
was
bonds
are
1949 and mature
1
to
of
must
the bonds.
$73,000
Dec.
on
Rate
1958,
on
incl.
100.18
for
made by E. H. Rollins &
of
multiple of
and
Fayetteoille, N. Y.
interest
y4
the
be
or
be
to
1/10
of
for
same
in
1%,
all
of
Said bonds will be de¬
Cove,, N. Y.
Offering — Harvey L.
Doxey, Commissioner of Finance,
will
receive
sealed
bids
until
11
(Denomination
for $500.
$28,500
Due Jan.
in
1950,
without
or
cost.
cashier's
Enclose
certified
a
check for
$220, pay¬
able to the Town.
Bond
bonds
p.
Sale—The
offered
$46,000
Dec.
1,—
sewer
168,
v.
2275—were awarded to
Tilney,
1.70s, at a
100.28
Principal and inter¬
(J-J) -payable at the Glen
Cove Trust Go., Gien Cove. Rate
of interest to be in multiples of
% or l/10th oi V%, and must be
the
same for
bonds
will
all of the bonds.
be
delivered-
B.
1.90s
made
was
Gibbons
&
Co.,
on
The
'or
by
Inc.,
in
North
Harmony Union Free School
No. 3 (P. O.
AshviUe), N. Y.
$100,000
Bond
Sale—The
struction
bonds offered
from
ond
&
1949
on
con¬
Dec. 3
high bidder
Sons,
inclusive.
1968
to
Sec¬
E. H. Rollins
was
Geo.
tion.
B.
Larchmont, N. Y.
Bond
offered
Sale—The
on
Dec.
$50,000
8—v.
168,
Dec.
on
2
was-awarded
to
Roosevelt & Cross, of New York,
2y4s,
price
100.07, a
basis of about 2.24%. Second high
of
at
a
100.48
by the
for
of
2.30s
was
made
& Traders
Manufacturers
Trust Co. of Buffalo.
*
Bonds
dated
by
bonds
pledge
a
of
in
Terminal
Jan.
with other
Authority, in
Resolution.
Le¬
•
gality of bonds has been approved
by Wood, King & Dawson of New
York.
Members
In
—
addi¬
tion to
Halsey, Stuart & Co., and
Ladenburg, Thalmann & Co., the
following are also members of the
underwriting syndicate: C. J. Devine & Co., Inc.; Blair & Co., Inc.;
Hayden, Stone & Co.; Hallgarten
& Co.; Dick & Merle-Smith; B. J.
Park.
delivered
at
such
at
Said
Ingen & Co. Inc.; Merrill
L.ynch, Pierce, Fenner & Beane;
A. C. Allyn and Company, Incor¬
porated; Kean, Taylor & Co.; Otis
& Co., Incorporated; Swiss Amer¬
ican
Corporation; Hornblower
Schoellkopf, Hutton
Pomeroy, Inc.; Starkweather
Co.; R. L. Day & Co.; Stroud
Company, Incorporated.
will
&
York, N. Y., or
place as may be
the purchaser about
Co.; A. Webster Dougherty &
Co.; Stein Bros. & Boyce; Van Deventer Brothers, Inc.;
Piper, Jaffray & Hopwood; Moore, Leonard
& Lynch; Schmidt, Poole & Co.;
MacBride,
Miller
&
Company;
Walter Stokes & Co.; C. C. Collings and Company, Incorporated;
William
R.
Compton
Co.,
apd
Thomas & Company.
Dec. 17, 1948. The
approving opin¬
Vandewater, Sykes, Heck¬
ler & Galloway, of New York City
will be furnished to the purchas¬
ion
of
without cost.
er
Sale—The
offered
Dec.
on
awarded
—were
$181,000 bonds
8—v.
to
168,
the
2377
p.
National
Commercial Bank & Trust Co., of
Rensselaer, as iy4s, at a price of
100.023,
basis
a
of
about
1.24%.
Due
a
net interest cost of about 2.664%.
the
successful
bonds at
accrued
bidders
reoffered
price of 96.50 and
a
interest,
yield, about
to
2.76% to maturity. The bonds are
dated Nov. 1, 1948.
Due Nov. 1,
1978.
Subject
whole
the
as
in
part, , at the option of
on 30 days'
interest payment dates
on
1,
*
Authority,
follows: at
Nov.
redemption
in
or
Port
notice,
to
103%
1953,
and
beginning 'on
thereafter
and
ments will
be
made
into the Ma¬
Dec.
on
Terminal bonds, first series,
1978, sinking fund commenc¬
ing in 1953 at a rate which on a
funding bonds.
Due on
Dec. 1, from 1949 to 1953, incl.
45,000 improvement bonds. Due
Dec.
1, from 1949 to
All of the bonds
The
monies
will
be applied to, the
of
Marine
in
Terminal
series, by purchase
or
retirement
bonds,
first
and
Authority for the payment of the
principal and interest of which
faith
dated Dec.
2275—were
p.
Devine
&
2.40s, at
of
2.33%.
Jan.
1
J.
Co., of New York, as
price of 100.70, a basis
The bonds are
a
about
C.
to
awarded
1949
1,
from
1950
due
and
to
1978
and
any
on
1951
Due
to
Due
1956 to
June 1, from
on
1963, incl.
70,000 2V2S.
'
June 1, from
on
1955, incl.
28,000 2%s.
Due
1964 to
June 1, from
on
1977, incl.
10,000 'l3/4s.
Due oh June 1,1978
and 1979.
v
All of the bonds
dated Dec.
are
1, "1948.
North
Bond
Wilkesboro, N. <C.
Offering—W.
E). Easter-
ling, Secretary Local Government
Commission, will receive sealed
til
at his office
11
in
(EST)
a.m.
Raleigh,
un¬
Dec. 14.for
on
the purchase of $13,500 not to ex¬
ceed 6%
interest ^coupon
bonds,
divided
follows:
as
.
$8,500 Water bonds. Due Dec. 1, as
follows: $500 in 1949 to 1957,
and $1,000 in
1958 to 1961.
5,000 Street Improvement bonds.
Due Dec. 1, as follows: $1,000
in 1949, and $500 in 1950 to
*
1957.
.
.
Dated
Dec.
1,
1948.
-
Denomina¬
tion
$500.
Principal and interest
payable in New York City. Bid¬
ders
requested
are
interest rate
of
V4
bid
of 1%.
to
Each
the
name
rates in
or
a
multiple
rate must
for bonds of consecutive
to the
ed
chase
bidder
the
interest
be
ma¬
offering To
bonds
cost
at
the
pur¬
lowest
the
to
Town, such
to be determined by deduct¬
ing the total amount of the pre¬
cost
bid
mium
from
until
turities.
the
aggregate
their
respective
ma¬
General
obligations; un¬
limited
tax;
registerable as to
principal only; delivery at place
of
purchaser's choice. The
approv¬
opinion of Reed,
Hoyt
&
Washburn, of New York City, will
ing
be
furnished
the
purchaser.
certified
a
check
for
En¬
$270,
payable to the State Treasurer.
Wake Forest, N. C.
and
Bacon,
jointly.
Schroon
Stevenson
&
j
j
i
I
follows:
as
j
Water' and
$8,000
Due
$1,000
Sewer
June
1,
to
"
1958.
...
I
1
bonds.
1951
1
46,000 Street Improvement bonds.
Due June 1, as
Second high bid of 100.66 for 2.40s
was made
by Roosevelt & Cross,
"in 1950 to 1958, $4,000
and
Co.,
to
j
in 1959
and $5,000 in
1960,
|
follows: $2,000
1961
1964.
j
;
.
Dated Dec. 1, 1948.
O. Schroon Lake),
(P.
tion $1,000.
Denomina¬
Principal and interest
New York
Lake
Water
(J-D) payable in New York City.
$4,800 Schroon A separate bid for each separate
District
extension issue (not less than par and -ac¬
bonds
offered
on
>
Bond
Sale—The
2377
2s.
The
1948
from
were
—
bonds
and
Dec.
168,
to the
awarded
Lake
$400
1960
Bank,
dated
are
mature
1949 to
6—v.
on
as
Nov.
1,
Nov.
1
crued
ders
interest)
is required. Bidrequested to name*'the
are
interest 'rate
rates
or
tiple of y4 of 1%.
be
bid
for
maturities.
inclusive.
in
j
!
mul¬
a
Each rate must
bonds
The
of
consecutive
bonds
will
be
awarded to the bidder
Scotia, N
Bond
.Y.
Sale—The
$50,000 public
bonds .offered Dec.
improvement
9—v.
offering to
purchase the bonds at the lowest
168,
p.
2376—were awarded
to the National Commercial Bank
and
are
additional facility which
follows:"
as
$10,000 5^s.
incl.
bonds Terminal
p.
.
Bond
credit of the & Trust Co., of Albany, as 1.20s,
pledged. All Marine at a price of 100.153, a basis of
bonds, including those about 1.11%.
Dated Sept. 1, 1948
2376 of the first series, will be equally" and-due on March 1 from 1949 to
Authority
7—v.
Offering—W. E. EasterInc., and Dominick &
Dominick, both of New York, in ling, Secretary Local Government
Commission, will receive sealed
joint account.
A
bids at his office in Raleigh, until
Salina (P.^O. Liverpool), N. Y.
11 a.m. (EST) on Dec. 14 for the
Bond Sale—The $119,500 sewer purchase of $54,000 not to exceed
bonds offered on Dec. 2—v. 168, 6% interest coupon bonds, divided
call.
Marine Terminal bonds,
series, due 1978, are direct
general
obligations of the
full
2.496%,
lins & Sons,
These
first
are
1, 1948, Second high bid of 100.013
lV4s was made by E. H. Rol¬
Chester-Schroon
maturity.
said sinking fund
Dec.
Durham, jointly, at a price of
100.01, a net interest cost of about
for
p.
by
offered
Corp., of Greens¬
boro, and J. Lee Peeler & Co., of
close
bonds,
series,
1953,
incl.
cumulative basis will be sufficient
to
retire
all
Marine
Terminal
first
1949 to
1953, incl.
rine
due
1, from
50,000
on
bonds
2377—were awarded to the
p.
bonds
Authority, N. Y.
bonds (first
instalment) offered on Dec. 7—
v. 168, p. 2377—was awarded to a
syndicate headed by Halsey, Stu¬
art
& Co. Inc., and
Ladenburg,
Thalmann &
Co., both of New
York, as 2y>s, at a price of 95.057,
The
168,
amount of interest upon all of the
Sale consisted of:
$86,000 municipal equipm't bonds.
Port of New York
Laurinburg, N. C.
$118,000 storm
turities. The bonds will be award¬
Rensselaer, N. Y.
Bond
20*
Sale—The
sewer,
bids
H. M. Byllesby and Com¬
Incorporated; Bache & Co.;
C. Haas & Co.; Schwabacher
Also
New
at
Dec.
Vance Securities
&
&
pany,
be
Yonkers,
Dated
'
Bond
&
Weeks;
1,
other
with
agreed
bonds
of
NORTH CAROLINA
Van
Due Jan.
$1,000.
Bank
interest.
passu
the
Bond
Syndicate
$600,000
1948 and due on Dec. 20, 1949. Le¬
gality to be approved by Hawkins,
Delafield & Wood, of New York.
and to the extent pro¬
section 7 of the Marine
1948.
Second high bid of 97.22 for
1,2%s, or a net interest cost ' of
follows: $7,000 in 1949 to 1966,
about 2.717%, was made by a syn¬
and $8,000 in 1967 and 1968. Prin¬
dicate headed by Harriman Ripley
cipal and interest (J-J) payable &
Co., Inc., of New York.
at the Bank of Orchard Park,»Or¬
are
Denominaiton
awarded to C. J. Devine & secured by a
pledge of and con¬
Co., of New York, as 1.30s, at a stitute a first Uien and charge on
price of 100.06, a basis of about the net revenues of'Port Newark
Sale consisted of:
Terminal
secured
as
—were
1.267%.
Resolu¬
Bond
manner
vided
G,
Sale—The issue of $142,town hall bonds of 1948 of¬
bid
extent
&
(P. O.
Park), N.Y.
Bond
as
Marine
Authority, pari
Orchard Park
fered
All
further
the
Orchard
000
Terminal
obligations
by
District
the
1951 to 1954.
est
for
New York.
$30,000
made
was
Co., of Buffalo.
bonds,
the
to
of the general reserve fund of the
dated
:$1>000, one
George
1, as follows:
and
2.20s
and
Yonkers, N. Y.
Note Sale—The issue of
bond anticipation notes offered on
Dec. 3 Was awarded to the First
0.95%
Jan.
& Co., of New York, as
a.m.
(EST) on -Dec. 16 for the
price of 100.06, a basis of about
purchase of $148 500 not to exceed
1.687%.
Dated Jan. 1, 1949 and
4% interest street improvement,
due on Jan. 1 from 1950 to 1958
sewer and
building, 1949 coupon inclusive.
Second
high
bi<) of
or registered bonds.
Dated Jan. 1,
1949.
for
Marine Trust
on or before
May 1, 1958; at 102%
York, N. Y., or at
thereafter and on or before May 1,
place as may be agreed
with the purchaser about Dec. 31, 1963; at 101% thereafter and on
or before
May 1, 1968; and at 100%
1948.
The approving opinion of
thereafter
to
maturity, plus, in
Vandewater, Sykes, Heckler &
each case, accrued interest to the
Galloway of New York City, will
date fixed for redemption.
Pay¬
be
furnished
to
the
purchaser
Glen
d
June l from 1950
on
Terminal
National
such other
Kensington, N. Y.
o n
1,
Marine
manner
in
me¬
provided in sections 5 and 8 of the
livered at New
Sons, Inc., New York.
B
Dec.
inclusive. Second high bid
100.37
the
Dated
000 Marine Terminal
Water
bender, Town Supervisor, will
1/10
same
Greenlawn
(P. O. Huntington),
pur¬
chase of
2.074%.
financed
through the
Marine
Bond Sale—The issue of $7,000,-
Huntington,
a.m.
the
to 1961
of
2.47%.
re¬
10
about
chard
as
Village. Treasurer,
ceive -sealed
2376—were awarded
p.
1948 and due
on
a
Bond Offering—Wharton B. Al¬
168,
Gibbons & Co.,
or
cashier's check for 2% of the Inc., and Chas. E. Weigold & Co.,
jointly, for 2y4s, at a price of
amount of/bonds to be bid for,
100.28.
payable to the town.
without
Hughsonville Fire District (P. O.
1.20s, at
Wappingers Falls), N. Y.
price of 100.056, a basis of about
Bond Sale Details—The $25,000
1.18%.
Dated Dec. 1, 1948, and
due on June 1, from 1950 to 1958, building
and
equipment
bonds
incl. Second high bid of 100.23 for awarded on Nov. 19 to the Matiy4s was made by Bankers Trust teawan National Bank of Beacon,
as
previously noted in v. 168,
Co., New York.
p.
2376 were sold as 2V2S., at a
Farmingdale, N. Y.
price of 100.29, a basis of about
Hutzler, of New York,
Lyndonville, N. Y.
Sale—The $17,000 public
bonds offered Dec.
of
be
in part
or
the
are
a
2376—were account.
Salomon
to
on
by Francis 1.
—v. 168, p. 2275—were awarded to
multiple of lk or 1/10 of
the Marine Trust Co., of Buffalo,
1%, and must be the same for all
and R. D. White & Co., New York,
of the bonds. Principal and inter¬
as
2.20s, at a price of
est (J-J) payable at the presiding jointly,
Town Supervisor's office. The ap¬ 100.267, a basis of about 2.172%.
Dated Dec. 1, 1948. Due on Dec. 1
proving opinion of Hawkins, Del¬
in
be
:,vas
Sale—The $160,000 recre¬
made
bonds.
Denomination
1973
dated Jan.
are
Goodwin, of New York,
2.10s, at a price of 100.17, basis
of
Dec.
in
bonds
was
whole
1949 to 1953, incl.
to Bond &
N. Y.
Offering — Hamilton
Second high bid of 100.18 for 2J/4s
Bond
1.30s
Bond
Monday, December 13, 1948
hereafter
may
dium
improvement
Gaddis, Town Clerk, will receive
sealed
on
duPont & Co., New York.
8—v.
Hempstead,
on
Due
1949 to 1953, incl.
bonds.
Due
on
or
city.
Bond
All of the
bonds.
1, 1949. Second high bid of 100.039
for
the
2% ' of
bid for,
$332,500 not to exceed 4%
Amityville, N. Y.
Bond Sale—The $54,650 general
improvement bonds offered Dec.
3 were awarded to Hall & Co., of
New York, as 1.70s, at a price of
100.19, a basis of about 1.66%,
Second high bid of 100.17 for 1.70s
was made by Tilney & Co., New
3
check
amount of bonds
basis of about 1.76%. Dated Dec.
a
Enclose
cost.
out
CHRONICLE
w
,f
$23,000
sewer
July 1, from
27,000
water
July 1, from
of Hawkins,
YORK
Water
10,
1949, at the office
Delafield & Wood, of
New York City, or at such other
place as may be agreed upon with
the
purchaser.
The
approving
opinion of Hawkins, Delafield &
Wood, of New York City, will be
furnished to the purchaser with¬
of 100.238 for
by Boland, Saffin
& Co.
Amherst
Jan.
about
bid
made
was
FINANCIAL
&
1952
of
inclusive.
100.13
Bacon,
York.
for
Second rhigh
1.40s
"Stevenson
;
-
-
was
&
bid
made
Co.,
by
interest
cost
cost to be
to
the
such
Town,
determined by deduct¬
ing the total amount of the
mium
bid
from
the
amount of interest upon
until
bonds
turities.
limited
all of the
respective
ma-
.
General obligations; un-: i
(tax;
principal
about
their
pre¬
aggregate
registerable
alone';
Dec.
31,
delivery
1948,
at
as
to
on
or
place at
The aporovNew purchaser's choice.
ing opinion of Mitchell & Persh- ]
-Volume 168
Number 4759
THE
".'hi
I,
COMMERCIAL &
rrrvs-1
ing,
of
New
York
City,
will
be
Enclose
FINANCIAL
CHRONICLE
1, 1955,
the
purchaser.
or on
any
interest date there¬
after,
Nankin Local School District, Ohio
Bond Sale — The $12,500 im¬
on
notice of at least 60
days prior to date of redemp¬
provement bonds offered Dec. 3—(
v. 168, p. 2170—were awarded "to
tion.
furnished
These bonds
Ryan,
Sutherland
&
Co.,
of
Toledo, as 2 %s, at a price of
100.928, a basis of about' 2.35 %.
Dated Dec. 1, 1948 and due „on
certified check for $1,080, pay¬
able to the State Treasurer.
,
NORTH DAKOTA
Mott
Sch.
Dakota,
of
chased
55,000
Dist., N. Dak.
Bismarck,
the
has
East
000
in
1955
bonds
•
Dated
and
until
18 for
be
purchase.of $11,500 3% land
acquisition bonds.- Dated Jan. 1,
Denomination
$1,000, one
for
$500.
Due
$500
May and
$1,000 Nov. 1, 1950, and $1,000
May
and
Nov.
1,
1951
to
1955.
Bidders may bid for a dif¬
ferent
tiple of
•These
of
y4
interest in
of
rate
1%. Interest M-N.
mul¬
a
the bonds authorized at
are
the general election on Nov. 2, and
payable from unlimited taxes.
•are
.
The
approving opinion of Peck,
:Shaffer. & Williams; of Cincinnati,
will be
furnished
bidder without
ful
certified
a
to the
check
in
will
office.
the
be
payable
form
at
All
of
upon
for
1%
fof the bonds bid for, payable .to
the Board of. Education.
until 7 p.m. (EST)
the
purchase
of
which
be
accompanied by a
cer¬
Sch.
Dist.,
offered
Dec. 6—v.
on
awarded
—were
to
168,
the
p.
Sale—The
Bond
.
Ohio
$74,600
at
.
street
improvement" bonds -offered Dec.
.6—v. 168, p. 2275—were awarded
to
Fahey, Clark & Co., of Cleve¬
land, as 2V4s, at a price of 100.37,
about
2170
Willard
1 from
2.19%.
Dated Jan. 1, 1949
May 1 and Nov. 1 from
on
1950 to 1964 inclusive. Second
high
bid of 100.18 for 214s was made
by
Fahey, Clark & Co., of Cleveland.
Lee
dated Dec. 1, 1948 and mature
Dec.
on
Local
R.
1950 to 1959 incl.
F.
School District
D.
No.
3,
(P. O.;
Carrollton),
*t
the
to
,
of
Bank
Wood
County
Green. The
j, Company of Bowling
bonds are dated Nov.
15, 1948 and
May 15 and Nov. 15 from 3
% interest school addition coupon
•
due
land, Clerk of the Board of Edu¬
cation, will receive sealed bids at
the
County
Superintendent
of
School's office, in Carrollton, un¬
til noon (EST) on Dec. 30 for the
purchase of $44,000 not to exceed
on
-1949 to
inclusive.
1953
I
I
bonds.
'
tion, will receive sealed bids
til
un¬
(EST)
noon
,purchase
on Dec. 16 for the
$400,000 3%
gym¬
of
the First National
ton.
These
ized
at
Bank, Carroll¬
bonds
the
were
general
author¬
election
on
nasium construction bonds. Dated
Nov. 2, and are
Dec.
limited taxes. A transcript of pro¬
Denomination $1,:000. Due $16,000 Dec.1.1, 1950 to
.1974. Bidders may bid for a .dif¬
1,1948.
ferent
interest
of
rate
in
mul¬
a
tiple of y4 of 1%. The bonds will
be sold to the highest bidder for
.not less than the par value there¬
of and accrued interest.
.must
the
state
All bids
number
of
bonds
These
thorized
at
Nov.
2.
on
i
the bonds au¬
general election
conditional
No
will be received.
The proceedings
issuance of these
to the
looking
bonds have been taken
'
bids
under the
supervision of Peck, Shaffer &
Williams,
of Cincinnati,
whose
,
will
opinion
approving
without
nished
Enclose
cessful bidder.
fur¬
suc¬
a
bond or
1%
of
the
payable
to
the
for
check
certified
be
the
to
cost
"
bonds
bid ■' for,
Board of Education.
Columbus, Ohio
Bond Offering — Agnes Brown
•
;
t
:
Cain, r City Clerk, will receive
"sealed bids until noon (EST) on
Dec. 20 for the
-r000
divided
as
:
-
Parks,
Playground,
Equipment Fund No.
ties and
•
1
,
Recreational Buildings, Facili-
?f 211
•
registered bonds,
follows:
t'$155,000 2%
;
purchase of $335,-
or
coupon
bonds. Due Oct. 1, as fol-
lows:
and
■
These' bonds'
'
1955 to
in
unlimited
are
tax bonds. Interest
1959.
A-O.
\
125,000 3% Street Lighting Improvement Fund No. 1 bonds.
,
*
Due
Oct.
1,
as
follows: $13,-
000 in 1950 to 1954,
000
in
1955
to
and $12,-
1959.
All
1
•
-
•
or
part of this issue shall be
callable in the inverse numerical order at par plus acany
1%
of
the
Loudon Local School District
f
(P. O. Kilgore), Ohio
Interest
Board,
Berea,
different rate of interest
a
multiple
a
of
y4
of
1%.
to the
The
highest
offering the lowest interest
looking
to the issuance of these
bonds have been taken under the
Okla.
$35,000 build¬
2378
p.
awarded
—were
Bond
Offering—Jess Thompson,
bonds
will
be
furnished
These bonds
expense.
ized
at
the
Nov.
on
check
general
bonds
mature
inclusive.
2.
to the above Clerk-Treasurer.
Exempted
divided
bonds.
lows:
Truck
Due
Equipment
Nov.
$1,000 in
1,
as
to
14,000
"Street
City School District, Ohio
The $560,000 con¬
Bond Sale
—
struction bonds offered Dec. 1—v.
168,
.2170—were awarded
p.
composed
group
of
to
McDonald
a
&
Co., Fahey, Clark & Co., and the
National City Bank, all of Cleve¬
land,
a
as 2y2s, at a price of 102.15,
basis of about 2.27%. Dated Dec.
1, 1948 and due $28,000
from
1950
ond
high
was
to
1969
on
Nov. 1
inclusive, Sec¬
made
bid
bonds. Dated Jan. 1,
Ryan, Sutherland & Co., Toledo,
Fox, Reusch & Co., Cincinnati,
Prescott, Hawley, Shepard & Co.,
1949.
at
Denom.
the
first
National Bank, Cor-
rollton. These
bonds
author¬
ized at the general election on
Nov. 2, and are payable from un¬
limited
taxes.
A
transcript
of
proceedings evidencing the legal¬
ity thereof and the printed bonds
were
will be furnished
promptly. Bond
attorney's opinion at option and
expense of the successful bidder.
Enclose
of
the
a
certified
amount
of
check for
the
bonds
ing and equipment bonds offered
6
Bond
&
Co.,
the
City Treasurer's
Sale—The
offered
on
awarded to
of about 2.33%. Dated Dec. 1, 1948
and due on Dec. 1 from 1950 to
incl.
Second
for
2V2s
high
was
bid
made
of
by
Braun, Bosworth & Co.
OKLAHOMA
Blackwell School District, Okla.
Bond Sale—The $238,000 build¬
ing, repair and equipment bonds
offered Nov. 29—v. 168, p. 2170—
168, p. 2170 — were
Braun, Bosworth &
were awarded to the First Secur¬
Co-., Inc., of Toledo, as 2y4s, at a
ities Co. of Kansas of Wichita.
price of 100.046, a basis of about
The bonds mature serially from
2.24%. Dated Dec. 1, 1948 and due
1951 to 1960 inclusive.
semi-annually on May 1 and Nov.
—
awarded
v.
to
1 from 1950 to 1973 inclusive. Sec¬
ond
high bid of 102.15 for 2V2S was
by Otis & Co., of Cleveland.
made
Lawton School District, Okla.
Bond Sale—The $275,000 build¬
ing, site acquisition and improve¬
1,
principal
paying date
submit
Bond Sale—The issue of
veterans
and
Dec.
$2,000,-
welfare
bonds
7—v.
&
Trust
Co., both of Chi¬
cago; California Bank of Los An¬
interest
subject to
in part in the in¬
thereafter.
bids
or
or
for
for
non-
each
type bond
bid combining
no
interest
more
bonds of the
the
for
rates
type will be
same
cepted. The bonds
ject to
Bidders
both
callable bonds and the
rate
differ, but
may
two
bonds
as
or
option of the Township on
1954, or on any interest
callable
ac¬
issued sub¬
are
favorable
opinion of
Townsend, Elliott & Munson, of
Philadelphia,
and
will
be
de¬
geles; C. F. Childs & Co., Chicago; livered to the
purchaser free of
G. H. Walker & Co., New
York; charge only if and after the
pro¬
Kebbon, McCormick & Co., Wil¬
ceedings authorizing the issuance
liam Blair & Co., Detmer & Co.,
thereof have been approved by
and Mullaney, Wells & Co., all of
the Department of Internal Af¬
Chicago, and William P. Harper fairs of the Commonwealth. En¬
& Son & Co., of Seattle, as
iy2S, close
a
certified,
cashier's
or
at a price of 97.209, a net interest
treasurer's Check for 2% of the
cost
of
about
1.748%. The
bonds
dated Jan. 1, 1949 and mature
are
April
on
v
1,
1960.
Callable
in
state
highest
of
face
amount
able
to
of the bonds, pay¬
Township Treasurer.
bonds were originally of¬
fered on Nov. 16, at which time
all bids were rejected.
Strasburg School District, Pa.
Oregon was second
offering to take
l%s
as
bid
a
interest
net
a
on
re¬
cost
of
about 1.839%. A group headed by
Blyth & Co., was among the other
bidders, their tender being a price
of 98.04 for l34s, or a net cost of
Bond
Beaver
Bond
Falls
Rhodes,
to
Fauset, Steele & Co., of Pitts¬
as 2s, at a price of 100.87,
burgh,
basis
a
Dec.
Dist., Pa.
Gwendolyn
Secretary, will
15,
awarded
Jan. 10 for the purchase
obligation
cou¬
of
$5,000 Feb.
1959
inclusive. Registerable as to
1, from
Carnegie,
Pa.
Bond Sale —The $150,000 gen¬
eral obligation bonds offered on
Dec.
2
v.
168, p. 2170 — were
awarded to Arthurs, Lestrange &
Klina, of Pittsburgh, as l^s, at a
price of 100.058, a basis of about
Second high bid of 101.12
l3/4s
was
made by E. H. Rol¬
The
Philadelphia.
bonds
are
dated
•
Dec.
Denomination $1,000.
1948.
1,
Due
$15,000 Dec. 1, 1950 to 1959. The
purchaser will receive without
charge the opinion of Burgwin,
offered
was
$25,000
Dec.
6
was
to
Fauset, Steele & Co.,
Pittsburgh.
Bonds Not Sold
—
submitted for the
No bids were
$20,000 general
obligation bonds offered
1, 1948.
r
PUERTO
Puerto Rico
—
1.49%.
15
Sec¬
Whitaker, Pa.
1950 to
principal only.
for
bonds
Denomination $1,000.
Due
lins & Sons of
Dated
Dec.
on
Bond Sale—The issue of
(EST)
bonds.
1.79%.
and due
1964 inclusive.
Twp. Sch. Dist. (P. O. New
Castle, R. D. No. 2) Pa.
school
on
about
high bid of 100.40 for 2s
receive sealed bids until 7:30 p.m.
of $50,000 general
of
1948
1950 to
Union
—
District
im¬
Nov.
on
made by the First Boston Corp.
Sch.
Offering
$25,000
30—Vi 168, p. 2170—were awarded
ond
PENNSYLVANIA
Sale—The
provement bonds offered
from
about 1.924%.
the
These
bidder,
bonds
Dec. 3—v.
168, p. 2276
VanLahr, Doll
& Isphording, of Cincinnati, as
2y2s, at a price of 101.90, a basis
—were
or
may
Oregon (State of)
pon
$265,000 con¬
struction and improvement bonds
101.80
build¬
Merika
Springfield Local Sch. Dist., Ohio
of¬
District, Ohio
J.
both of Cleveland.
1973
Exempted Village School
Bond Sale—The $220,000
William
1%
fered, payable to the District.
Medina
and
as
to
as
numerical order of maturity
verse
at the
Richards & Co., both of Cleveland,
$1,000. Due $1,000
Sept. 1, 1950 to 1961. Rate of in¬
terest to be in a multiple of y4 of
1%. Principal and interest payable
ment coupon
Registered
only.
Dec.
at
flecting
construction and improve¬
(EST) on Dec 30 for the purchase
$12,000 not to exceed 3V2% in¬
terest
terest to be named by the bidder
bidders in a multiple of % of
or
Dated Nov. 1, 1948. Denom. $1,000. Principal and interest (M-N)
the
awarded
Dec.
1, 1948. Denom. $1,000. Due $5,000
1, 1949 to 1968. Rate of in¬
call in whole
ten & Co.
building bonds offered Dec. 7
of
improve¬
Dated
able bonds
in
The
000
purchase
and
bonds.
$2,000
Inc., Hayden, Miller & Co., Ryan,
Sutherland & Co., and A. E. Mas-
was
the
.Dec.
$1,000 in 1953 to 1958.
numerical order, or in their en¬
tirety, on April 1, 1954, or on any.
subsequent interest payment date.
Sale—The issue of $900,-
for
funding
Bids will be received for
the entire issue either as non-call-
of 102.08 for 2y2S
by a,.syndicate com¬
posed of Harriman Ripley & Co.,
Euclid-Lyndhurst Sch. Dist.
(P. O. South Euclid 21), Ohio
20
coupon
1%.
Lighting System
1, as follows;
1949 to 1952, and
Bank
Nov. 2.
i
bonds. *Due Nov.
authorized at the general election
Salem
Dec.
ment
1957
held
the purchase of $375,000 con¬
struction bonds. These bonds were
on
oh
$100,000
fol¬
1949
168, p. 2170—
was awarded to a
syndicate com¬
posed of Halsey, Stuart & Co.,
Inc., Continental Illinois National
for
-
Township (P. O.
Springfield), Pa.
Bond Offering—John W.
Calder,
Secretary of the Board of Town¬
ship Commissioners, will receive
sealed bids until 7:30 p.m. (EST)
and $2,000 in 1958.
offered
30
by Halsey,
Inc., and Moore,
Lynch,. in joint ac¬
count.
follows:
Fire
Village
Dec.
100.869
Co.,
&
.
as
$11,000
000
until
1967
to
made
was
&
1951
»•
Bond Offering — Gene Good,
City Recorder, will receive sealed
bids until 7:30 p.m. (PST) on Dec.
14 for the purchase of $25,000 not
to
exceed
6%
interest
bonds,
ceive
bids
from
high bid of
;
School District, Ohio
Bond Offering — The Clerk of
the Board of Education will re¬
sealed
1955
office.
Clinton
l3/4s
payable
bond for $2,600, payable
or
to
\
.
OREGON
author¬
certified
a
1951
1
Second
Stuart
Gladstone, Ore.
election held
Enclose
from
Jan.
on
incl.
Springfield
by (the
were
due
Oklahoma
Board of Education at the Board's
23/4s, at a price
of 100.67, a basis of about 2.697%,
to a syndicate composed of Stranahan, Harris & Co., Inc., Toledo",
Braun, Bosworth & Co., and Field
of
Pittsburgh, jointly, as l%s, at
price of 100.159, a basis of about
1.607%. Dated Jan. 1, 1949 and
a
the
to
School District,
Sale —The
of
ing bonds offered Dec. 6—v. 168,
supervision of Squire, Sanders &
Dempsey,
of Cleveland,
whose
approving opinion and the printed
Bond
Clerk of the Board of Education,
will receive sealed bids until noon
Dec.
~
for
offered, payable to
the District.
$16,000 in 1950 to 1954,
$15,000
check
herein
bonds
"
"
Sale—The
1966 in¬
Pa.
$250,000 re¬
funding bonds offered on Dec. 8
—v.
168, p. 2170—were awarded
to Hemphill, Noyes &
Co., of New
York; and R. C. Schmertz & Co.,
Bond
years.
South
certified
are
the
un¬
evidencing the legality
thereof and the printed bonds will
be furnished promptly. Bond at¬
torney's opinion at option and ex¬
pense of the purchaser. Enclose a
and accrued interest to date of de¬
livery.
payable from
ceedings
;bid for and the gross amount of bid
,
1969.
Dated Jan.
1, 1949.
De¬
Cleves-North Bend Local Sch. Dist. nomination $1,000. Due $2,000 Sept.
v
1, 1950 to 1971. Rate of interest
(P. O. North Bend),Ohio
]•
Bond Offering—Geo. B. Hemp¬ to be in a multiple of y4 of 1%.
hill, Clerk of the Board of Educa- Principal and interest payable at
Bond
unlimited tax. Bidders may
an
Port
Bond Offering—Beulah McFar-
-•
to
at not less than par and acr
crued
interest. The proceedings
Ohio
Bowling Green, Ohio
r
-Bond,' Sale — The $9,200 street
improvement bonds "offered Dec.
3—v. 168, p.-2275—were awarded
,
1951
rate
Bank, of Willard, as 2y4s,
price of 100.40, a basis of
a
and due
basis of about 2.19%. The bonds
a
are
in
Payable at the office of the
bidder
Ohio
.
Village,
-
bid for
United
Bay
Erie
were
Leonard
in
$30,000 con¬
improvement bonds
struction and
10
Wetumka School District,
15 from 1950 to
the successful bid reflecting a net
interest cost of about 1.95%. The
by
The
—
2378—-
p.
Dec.
for
bonds will be sold
Local
due in
Company, North Olmsted Branch,
North Olmsted, and are supported
City Treas¬
Sale
on
clusive.
offered
& Trust Co.,
City, and Evan L.
Davis, of Tulsa, in joint account,
legal depositary of the
presently
the
Bank
of
urer.
Bond
168,
v.
—
bonds
$13,000
tified check for 1% of the bonds
bid for, payable to the
Greenwich
construction
6
•
k
.
$200,000 hos¬
First National Bank
J-D.
City Clerk's office. All bids
to
The
—
of
as
&
are
3%
Sale
1, 1949. Denom. $1,000. Due Dec. 1,
follows: $12,000 in 1950, and
The ap¬
the
at the
Dec.. 20 for
$259,000
inclusive.
school addition bonds. Dated Jan.
applica-^
opinion of Squire, San¬
Dempsey, of Cleveland,
printed bonds, will be
furnished and paid for by the
City. The >bonds will be delivered
ders
on
1959
were
Okfuskee County (P. O. Okemah),
Education, will receive sealed bids
proving
and
1952 to
Bond Sale—The $50,000 refund¬
ing and judgment funding bonds
offered Dec. 3—v. 168, p. 2170—
awarded to Fox, Reusch &
Co., of Cincinnati, as '4%s, at a
price of 100.05, a basis of about
4.49%. Dated Dec. 15, 1948. Due
Due from
awarded to R. J. Edwards, Inc. of
Oklahoma City.
The bonds are
Exempted Village
School District, Ohio
must
Duryea, Pa.
>
net inter¬
Dec.
,
6—
a
pital
White & Co.,
Principal
the City
bids
price of 100.083,
a
Dec.
on
est cost of about 1.71%;
Bond Offering—Ruth R. Lord,
Clerk-Treasurer of the Board of
blanks
furnished
at
offered
2276—were awarded to
p.
Oklahoma
in
tion to the above Clerk.
Enclose
bond
or
interest
success¬
cost.
bonds.
interest
multiples of y4 of 1%.
the
1948.
of
Stern Bros. & Co. of Kansas City,
bonds
168,
v.
Bond
North Olmsted
rate
Treasurer's
Dec.
tax
was
Jan.
sky, Clerk of the Board of Edu¬
cation,^ will receive sealed bids
on
made by J. A.
of Cincinnati.
These
M-N.
different
a
1959.
ment
Oct.
1
from
1950 to
1959 incl.
Second high bid of 100.85 for 2%s
1, 1949. Denomina$1,000. Bidders may bid for
tion
Batavia Local School District, Ohio
Bond Offering—R. H. Majoew-
to
limited
are
Interest
(EST)
•
House
$6,000 in 1950 to 1954, and $5,-
OHIO
noon
Market
Fund
No.
2
bonds. Due Nov. 1, as follows:
pur¬
issue
election last July.
an
2%
Construction
of. $25,000 im¬
provement bonds that was author¬
ized at
limited
are
tax bonds. Interest A-O.
Bond Sold—The Bank of North
;
63
TT?!
crued interest on Oct.
a
(2487)
■
Bonds
Finance
Rico
RICO
(Government of)
A. Bonniwell,
Sold—D.
Director
of
Government
Bank, announced
an
issue
Dec.
on
of
on
the
Puerto
Development
Nov. 16 that
$2,165,000 public im¬
provement bonds has been sold
privately to the following Puerto
Rico
banks:
Banco Popular de
Rico, Credito y Ahorro
Ponceno, Banco dePonce, Roig
Commercial Bank, and the Credit
Puerto
Churchill & Ruffin of
Union Bank.. The bonds
that the
July 1, 1948, and those maturing
Pittsburgh,
valid, general
obligations of the Borough, pay¬
bonds
are
able from ad valorem taxes levied
on
all taxable
Borough
rate
or
property within the
without
limitation ^ pf
amount.
.
-
•
are
dated
July ,1 from 1949 to 1958 incl.
bear interest at 2%%, while ma¬
on
turities from 1959 to 1965 incl.
2%s.
The bonds
are
declining;', premium
callable
scale
are
on a
begin--
,
64
i
v
The government sold
and accrued in¬
terest, plus costs incident to their
issuance.
house
SOUTH CAROLINA
„
School District
No. 9-C (P. O. Paris), S. C.
Bond Sale—An issue of $20,000
building bonds was sold to
Alester G. Furman Co., of Green¬
ville. Dated Nov. 1, 1948. Denom.
'
f
.
$1,000. Due $2,000 on Nov. 1, from
1949 to 1958 inclusive.
Principal
i
I
'
(M-N) payable at the
Trust Co., New York.
Guaranty
Sinkler &
Legality approved by
Gibbs, of Charleston.
$
000 water and sewer bonds.
Lampasas,, Texas
Bond Offering—The City Secre¬
bonds,
building
school
mentary
second series, offered on Dec.
168,
v.
8—
2276—were awarded to
p.
Dec.
13 for the
water
until
purchase of $285,-
and
revenue
sewer
Lazbuddie
bonds
construction
J. Edwards,
R.
City,
as
was
group
as
and 4V2% water works
improvement bonds of 1948 has
1948, and due on Oct. 1, been sold to R. A. Underwood &
to 1973, incl.
Second Co., of Dallas. Dated Oct. 1, 1948.
high bid of 100.51 for 2Y4S was Legality
approved
by
McCall,
made by Harris Trust & Savings Parkhurst & Crowe, of Dallas.
Bank, Chicago, and J. C. Brad¬
V
McAllen, Texas
ford & Co., in joint account.
Bond Sale—The issue, of $200,a
Oct.
1,
1949
from
>
Decherd,
Sale—The
Bond
000
Tenn.
$30,000
street
improvement bonds offered Nov.
*15—v. 168, p 1847—were awarded
to the
First National Bank of
County, of Decherd,
Franklin
a
at
Not
Bonds
Nov.
for
accepted
Nov.
30.—V.
was
awarded
to
Barcus,
&
$132,000
from
3l/2s.
Due
1964
The
$700,000 water
1948.
to
on
Nov. 15 from
are
dated
Nov.
Denomination $1,000.
Nov. 15, as
Lewisburg), Tenn,-;
Sale
—
•
$65,000 im¬
The
provement bonds offered Dec. 6
—v. 168, p. 2171^were awarded to
J. C. Bradford & Co., of Nashville,
on a bid reflecting a net interest
cost
of
about
2.078%.
Dated
■
Nov.
1, 1948.
Due on Nov. 1 from
1963 inclusive.
1949 to
TEXAS
Alvin,
.
Texas
$85,000
sold
Investment
Bonds Sold—An issue of
water
and
the
to
J.
sewer
R.
bonds
Phillips
was
1961
15.
Due
follows: $6,000 in 1949
"
'
Bridge City Independent
School District, Texas
Bond Sale—The $140,000 school
house
bonds
offered
Dec.
8—v.
2276—were awarded to
Co., of Houston,
as 3y4s.
Dated Dec. 10, 1948 and
due on Dec. 10 from 1949 to 1974
Inclusive. Bonds are callable on
-168,
p.
to
1964, and $14,000 in 1965
Bonds maturing in 1964
and subsequent, to be optional on
and after Nov. 15, 1963, at par and
accrued interest. Principal and in¬
terest (M-N) payable at the Chase
to
1968.
National
Bank, New York City.
The approving opinion of the At¬
torney-General and McCall, Park¬
hurst & Crowe, of Dallas, will be
furnished,
; /
1
168, p. 2276—
to the
All of the bonds
000
Sold—An
4V2%
water
issue of
and
$120,im¬
sewer
1951, $11,000 in 1952 and
1952, $12,000 in 1954 and 1955, $13,-
.
dated Dec.
are
Mount
Royal, Que.
Sold—An issue
of $202,-
public works bonds
October
to
syndicate
a
sold
was
com¬
Milwaukee
Corp., of Toronto, Rene T. Leclerc,
Inc. and
both
Nesbitt, Thomson & Co.,
Montreal, Wood, Gundy
of
& Co., of Toronto, and Savard,
Hodgson & Co., of Montreal, at a
price of 98.71, a net interest cost
sewer
construction
$1,000. Principal and interest $50,000
improvement bonds.
Due on
(J-J) payable at a bank to be spe¬
Dec. 1 from 1949 to 1953 in¬
cified by the bidder. Bidders may
$67,000 2%s. Due on Nov. 1 from
Denomina¬
1, 1949.
tion
bid
for
all
for all bonds of both issues but
or
no
bid for any part
Due
bonds.
tension
op
requested to name the rate or
bonds
are
to
1, 1948. Second high bid of 100.284
bear, expressed in a multiple of for
iy2s, was made by Harley,
Vs or 1/10 of 1%. Not more than
Haydon & Co.
"
three rates of interest shall be' bid
one
CANADA
of interest. These bends were au¬
thorized
at
the
Enclose
3.
held
?
certified
/■'■v.
or.
or
election
of
cashier's check for 2% of the face
amount of the bonds bid
able to the
Offering
—
L.
Nov.
on
at
0.411%.
due Feb. 25,
u.
James.
25
to
i
from
.
•1959 to 1963 incl.
The
Hydro-Electric Power
Bonds Publicly
(P.
O.
bonds
7
dated
are
/'
7\
Oct.
1,
.
Loop School Commission,
Ont.
Offered—A
syn¬
Weir &
mul¬
Dec.
15, 1948.
$500.
school bonds
3.618%,
pur
group
follows:
3s.
Due
Aug.
on
from
1
19,000 3V2S. Due on Aug. 1 from
1963 incl.
1957 to
All of the bonds are dated Aug.
1
Denominations $1,-
1, 1948.
St.
Hyacinthe, Que.
Sold—An issue of $695,-
Bonds
after Dec.
to the
a
was
1949 to 1956 incl.
000 and
15, 1963, on any interest
date at par and accrued interest.
Principal and interest (J-D) pay¬
by
as
$81,000
Due Dec. 15, 1965.
Callable in whole or in part on or
or
issue of $200,-
chased
composed
of the
Banque Canadienne Nationale, J. E. Laflamme, and Oscar
Dube & Co., all of Quebec, at a
price of 98.20, a basis of about
October
in
dicate headed by McLeod, Young,
Sold—An
Bonds
000
at
reserving
Co.,
80,000 3^s. Due on Oct. 1 from
Rivere du
Bank & Trust
a
1958 incl
1949 to
sold
97.81, a
follows:
$160,000 3y4s. Due on Oct.
1948.
Toronto),
bonds. Dated Jan. 1, 1949. Denom,
tiple of y»
of $240,-
of Toronto, at a price of
basis of about 3.685%, as
Chartered
1949.
Commission
interest school coupon
interest should be stated in
Que.
Quebec
Ontario
$1,000. Due $2,000 Jan. 1, 1950 to
1979. Principal and interest (J-J)
payable
dated Nov.
are
;
Port Alfred,
:
average
ONTARIO
City Manager/ will receive sealed
bids until 2 p.m. (EST4* on Dec. 16
for the purchase of $60,000 not to
exceed 6%
an
V
Bonds Sold—An issue
yield of
Dated Nov. 26, 1948 and
Banks
Va.
«
Sold—An issue
Bills
All of the bonds
1, 1948.
"$75,000,000 Treasury bills was
sold
pay¬
Copnty School Board.
Hampton,
Bond
for,
Canada (Dominion of)
Treasury
Nov. 1 from
on
000 improvement bonds was
in October to A. E. Ames &
shall bear the same rate
year
from
1
1959 to 1968 incl.
All of the bonds are dated Dec.
of interest the
Nov.
on
97,000 3y4s. Due
Dec.
1 from 1949 to 1953 inclusive.
rates
1953 incl.
Due
3s.
1954 to 1958 incl.
works system ex¬
Bidders
3.311%, as follows: "
1949 to
38,000
water
*15,000
single is¬
a
considered.
be
will
sue
are
of
of about
clusive.
issue
either
of
bonds
1/10 of 1%. Bidders
provement bonds, authorized at are requested to sumbit a bid for
an election last March, was sold to
the
bonds-; maturing
aforesaid
Ernest L. Brown, Jr., of Houston.
without option of prior redemp¬
Dated Oct. 1, 1948. Interest A-O. tion
and, at their option, to sub¬
Due Oct. 1, as follows: $10,000 in
mit an alternate bid for the bonds
1950 and
,
1, 1948.
,
Bonds
1
posed of the Dominion Securities
bonds
able in lawful money of Canada
City the option in
Toronto,
Montreal,- Ottawa,
to redeem the bonds maturing on
Winnipeg, Vancouver, Halifax and
000 in 1956 and 1957, and $14,000 in and after Jan.
1, 1960, on Jan. 1, Saint John, at the holder's option.
1958 and 1959. Principal and in¬
1959, or on any-interest payment Legality approved by Daly,
.and after five years from date terest payable at the Victoria Na¬ date thereafter at par and accrued
Thistle, Judson & McTaggart, of
tional Bank, Victoria. Legality ap¬ interest.
of issue.
:
>.
;7'
The City will accept the Toronto,
'•
proved by Dumas, Huguenin & bid it deems to be in the best in¬
Chambers County, East Chambers
Underwriters
In addition to
Boothman, of Dallas, and Vinson, terests of the City. The approving
County Consol. Ind. Sch. Dist.
Elkins,
Weems
&
Francis,
of opinion of Wood, King & Dawson, McLeod, Young, Weir & Co., and
No. 2 (P. O. Winnie), Texas
Wood, Gundy & Co., the following
Houston.
: 77;
.77 ; of New York City, will be fur¬
Bond Sale—The $250,000 school
are
also members of the under¬
Waco, Texas V ■vj\\' <•/' nished to the successful bidder
house bonds offered Dec. 7—v.
writing group:
j;4 .7
Bond Sale
The $1,200,000 without charge.. Enclose a certi¬
168, p. 2276—were awarded to
Bell, Gouinlock & Co.; A. E.
fied or cashier's check for 2% of
Howies,
Winston
&
Co.,
and bonds offered Dec. 7—v. 168, p.
Ames & Co.; Mills, Spence & Co.;
the par value of the bonds, pay¬
Moroney, Beissner & Co., both of 2380—were awarded to a group
Dominion Securities Corp.; Royal
able to the City.
7, • -• "7
.Houston, jointly, on a bid reflect¬ composed of Glore, Forgan & Co.,
Securities Corp.; Midland Securi¬
ing a net interest cost of about New York, Dallas Rupe & Son, of
WASHINGTON
ties; McTaggart, Hannaford, Birks
;' 3.187%., Dated Dec. 10, 1948, and Dallas, Russ Co., San Antonio, Ill¬
&
Gordon; Cochran, Murray &
due on Dec. 10, from 1949 to 1968, inois Co/of Chicago, Dittmar &
Snohomish County, Granite Falls
Co.; Harrison & Co.; Fry & Co.;
incl.
Co., of San Antonio, and RaffensSch. Dist. No. 332 (P. O.
Matthews & Co.; Collier, Norris &
perger, Hughes & Co., of Indian¬
Everett), Wash.
Quinlan; R. A. Daly Co.; Gairdner
DIVIDING NOTICE
apolis, as follows:
Bond Offering—Verne Sievers, & Co.; W. C. Pitfield & Co.; Burns
$800,000
water
works
revenue
County Treasurer, will receive Bros. & Denton; W. C. Harris &'
bonds as 1 %s, at a price of
sealed bids until 4 p.m. (PST) on Co.; James Richardson
& Sons;
100.083, a net interest cost of Dec. 14 for the purchase of $50,Fairclough & * Co.; Anderson &
about 1.72%.
Due on March 1
000
general
obligation
bonds. Co.; Bankers Bond Corp.; Bartlett,
COMMON
from 1950 to 1955 inclusive.
Dated Jan. 1, 1949. Denom. $1,000.
Cayley & Co.; Brawley, Cathers
SWOPS
DIVIDEND
400.000
sewer
improvement Due Jan. 1, as follows: $3,000 in
& Co.; J. L. Graham & Co.; Charles
bonds as lYss, at a price of
The Board of Directors of Lerner
1951 to 1956, and $4,000 in 1957 to H.
Burgess & Co.; Flemming &
;
Stores Corporation has this day
100.172, a net interest cost of 1964.
The District has reserved
Co., and A. M. Ramsay & Co.
declared a quarterly dividend of >
about 1.84%. Due on March 1
the right to redeem any or all of
50 cents per share on the common
Parry Sound, Ont.
from 1950 to 1958 inclusive.
the
bonds
at
par
in
inverse
stock, payable January 15, 1949,
Debentures
Sold—An issue of
f Additional
Sale— The $100,000 numerical order on any interest
to stockholders of record January
airport bonds offered at the same payment date on and after 5 years $200,000 31/2 % high school deben¬
: 3, 1949.
- "~'r. ' '
time were awarded to the Citi¬ from date thereof. Principal and tures was awarded on Nov. 13 to
Lerner Stores Corporation
zens National Bank of Waco, on a
interest
(J-J)
payable
at
the the Bank of Nova Scotia, at a
V? .'
Harold M. Lane, Secretary
bid reflecting a net interest cost County Treasurer's office. Bidders
price of 99.58. - Second high bid
of about 1.61%. The bonds ma¬
are required to submit a bid spe¬
Dated December 9, 1948.
;,:j?
:
-j t
ture on March 1 from 1950 to cifying either (a) the lowest rate of 99.57 was made by the Domin¬
1958 inclusive.
of interest and premium, if any. ion Securities Corp,
1".
B. V. Christie &
1959 to 1968 inclusive.
000
$65,000
7—v.
Dec.
on
Due on Dec. 1 from
302,500 3s.
Bonds
Co., and Wood Gundy &
the Central Hanover Co., both of Toronto, has just
made public offering in Canada of
Co., New York City.
Bidders are requested to name the $45,000,000 3% Power Commission
rate or rates (not exceeding three new
capital construction bonds
Victoria County Water Control and rates) of interest which the bonds
guaranteed as to both principal
Improvement District No. 1
of interest should be stated in a
and interest by the Province of
(P. O. Bloomington), Texas
are to bear, which rate of rates of
Ontario.
The
bonds
are
dated
..
Co., of Houston, as 3%s| and 3%s.
Dec.
awarded
Due
amount in the District, ex¬ Co., of Milwaukee, as l%s, at a
cluding the Town of Phoebus. price of 100.084, a basis of about
1.225%.
Sale consisted of:
Dated Jan.
1952, $8,000 in 1953 to 1956,
$10,000 in 1957 to 1960, $12,000 in
(P. O,
Marshall County
were
or
2%s.
from 1949 to 1958 inclusive.
&
Whitewater, Wis.
Sale—The
r.
follows:
as
$137,500
in
$12,000
rate
Fox, Reusch
to
,
to
Bond
of
of Rene T, Le-
composed
3.398%,
WISCONSIN
offered
limitation
VIRGINIA
1954 to 1974 inclusive.
Bond
1954 to 1978.
a syn¬
Ltd., all of Montreal, at a price of
95.19, a net interest cost of-about
Co., of Cincinnati, on a bid re¬
flecting a net interest cost of
about 2.87%. Due on Jan. 1 from
Payable
out
Aug
inclusive.
1968
bonds
15
Nov.
,on
1963 inclusive.
1949 to
68,000 3y4s. Due
168, p. 2276.
offered
bonds
sewer
awarded
Co., of Chicago, at a
price of 100.133, a net interest for any one issue and all bonds
cost of about 3.36%, as follows:
of any one issue maturing in any
Sold—No bids were
the
30
Kindred
•
works and sewer bonds offered on
'
storm
price of 100.883.
Lafollette, Tenn.
•
000 3V2%
were
from taxes to be levied with-
Dated Nov.
,
2.20s, at a price of 100.028,
basis of about 2.198%.
Dated
phis,
fered
.
Due
bonds.
District
Jan. 1,
amount bid.
system revenue bonds of¬
Dec. 7—v. 168, p.
2276—
works
Magisterial
Chesapeake
a
Sale—The $250,000 water
Bond
■
300,000
Inc., of Oklahoma
4s and 4y4s.
coupon
of rate or amount in the Dis¬
1948.
1,
cash for 5% of the
WEST
limitation
Nov. 22 to
on
Canada, Geoffrion, Robert & Gelinas, Inc., and Dudley Dawson,
certified check
same.
•
awarded
dicate
$440,bonds
improvement
public
was
Parkersburg, W. Va.
$1,500,000 Wythe Magisterial Dis¬
trict bonds. Due Jan.
1, as
follows:
$30,000 in
1950 to
1953, and $60,000 in 1954 to
1976.
Payable from taxes to
without
Enclose
of
or
the
for
school
interest
6%
trict.
$90,000
sold to
16
Dec.
on
bonds, divided as follows:
T exas
Legality approved by
composed of the Equit¬
able Securities Corp., Nashville; McCall, Parkhurst & Crowe, of
Dallas.
Robinson-Humphrey Co., of At¬
lanta, and the Union Planters Na¬
Lometa, Texas
tional Bank & Trust Co., of Mem¬
Bonds Sold—An issue of $25,a
(EST)
of
Sold—Ail issue of
Bonds
000
Horowitz,
clerc, Inc., Banque Provijnciale du
Seattle, approving the legality
purchase of $1,800,000 not to ex¬
Independent Sch. Dist.,
Bonds Sold—An issue of
Francis W.
—
will
opinion
the
with
sold1
be
Jones, Clerk of the School Board,
will
receive
sealed
bids
until
ceed
tary will receive sealed bids
Offering
bonds at par. The bonds
Preston, Thorgrimson &
of
Drummondville, Que.
lowest
the
City County (P. O.
Hampton), Va.
noon
ele¬
,
Elizabeth
be. levied
$500,000
Sale—The
Bond
I
;
VIRGINIA
tary will receive sealed bids until
Dec. 14 for the purchase of $400,-
bonds.
O. Nashville),
Davidson County (P.
Tenn.
f;
1949.
1,
Bond
*
Offering—The City Secre¬
Bond
000
TENNESSEE
Jan.
29—v.
from 1949 to 1958, incl.
Jacksboro, Texas
and interest
4
of
the
p.
Dec. 10,
2%%
.
will
2059—were awarded to
Dittmar & Co., of San Antonio.
Dated Dec. 10, 1948, and due on
168,
Greenville County
school
$80,000
offered Nov.
Sale—The
bonds
above
cluded in the financing bear date
.
QUEBEC
par at
which the bidder
purchase the bonds, or (b)
rate
of interest
at
which the bidder will purchase
All of the $1,300,000 bonds in¬
Sch. Dist.,
Texas
the bonds at par
Bond
Monday, December 13, 1948
CHRONICLE
,
Independent
Granbury
fling at 104.
FINANCIAL
&
COMMERCIAL
THE
(2488)
000 public
works bonds was sold
to a syndicate com¬
24
Nov.
on
posed of Banque Canadienne Na-
tionale, Desjardins, Couture, Inc.,
both of Montreal, Mills, Spence &
Co.,
of
Toronto,
and
Savard,
Hodgson & Co., of Montreal, at a
price of 98.67, a net interest, cost
of about 3.32%, as follows:
Due on July 1 from
$150,000 2%s.
—
1949 to
1953
inclusive.
Due on July 1 from
1954 to 1958 inclusive.
175,000 3s.
'
"
1959 to 1968 inclusive.
—
All of the bonds
,
.
dated July
are
1,1948.
.
.
Due on July 1 from
370,000 3^s.
*
♦
.
Windsor,
-
Que.
Bonds Sold—An issue of
public
sold
&
on
$55,000
improvement bonds was
Nov. 22 to Wood, Grundy
Co., and the Canadian Bank of
Commerce, both of Toronto, at a
price of 97.97, a net interest cost
,
of
about
000
3.35%, as follows: $25,-
2%s, due on Nov. 1 from 1949
inclusive, and $30,000 3%s,
to 1958
I CPNPP
due
on
Nov.
1
Nov.
inclusive.
The
from
1959 to
bonds
are
1968
dated
1, 1948.
.
.
St. Pie, Que.
•
'
Bonds Sold—An issue of $55,000
water
"
Dated
.
„
„
bonds
was
sold re¬
May
1,
1948.
Due as fol¬
lows: $3,500 3s, due on May 1 from
1949 to 1953 inclusive, and $51,500
t
*
works
cently to Desjardins, Couture, Inc.,
of Montreal, at a price of 98.13, a
net interest cost of about 3.42%,
•
I3y4s, due
>
on
May 1 from 1954 to
1963 inclusive.
@FedFRASER