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dec

194f

2

0*1

MONDAY

Reg. U. S. Pat.-Office

^Volume 164

New York, N, Y.,

Number 4547

RAILROAD

PUBLIC UTILITY

-

*<•'

The company on Nov. 18 filed a letter of notification with the SEC
/for 5,360 shares ($1 par) common on behalf of P. Eberstadt & Co.,

Proceeds

common.

the

4

from

the

exercise

of

Aldens, Inc., Chicago

warrants

the

company's general funds.—V. 162,

will

be

w

Increases Dividend and De-

—

■

/dares Extra'of 25 Cents—

and other deferred items, $401,020;

a

Copy

MISCELLANEOUS

-

^' American Laundry Machinery Co.—Transfer Agent—
1

■

$2,471,792, less reserve, $1; assets allocated to insurance fund, $1,150,000; vessel replacement fund assets, deposited in banks to the credit
of
U. S. Maritime
Commission
and ' American-Hawaiian" Steamship
Co., Joint account, $13,582,139; cost less depreciation of vessels requi¬
sitioned as to title, for which no payments have .been .received from
the U. S, Government, $14,433; vessels and isteamer equipment (after
reserve for depreciation of
$3,322,485), $1,280,679; shore plant (after
reserve
for depreciation of $223,680), $108,520; unexpired insurance

The

been
;

Irving Trust Co.,
appointed, as New

One Wall Street, New York 15, N.
York City transfer agent for the
(par $20).—V. 164, p. 821.
/
/
'
-

stock

Y.,

has

common

,

,

added;

1161.

p.

Price 60 Cents

INSURANCE

-

.

Inc., as agent for five of its officers and stock purchase warrants
evidencing the right to purchase an aggregate of 5,360 shares of
to

INDUSTRIAL

-

refund of Federal taxes for prior years under carry-back provisions of
Internal
Revenue Code, $26,128;
mixed claims- awards aggregating

!

? 'Aeronca Aircraft Corp.—Files with SEC—

Monday, December 2* 1946

American National Finance Corp. — Preferred Stock
^Reclassified—Additional Common Stock Offered to Preferred Stockholders Under Plan—

i

.v/.//j;,wfffij. £ ?The stcfckholders

on JNoV. 6 approved a plan of reclassification dated
10, 1946, which provides that the authorized preferred stock
dlirectors on Nov. 22 declared a quarterly dividend of" 37%
• / LIABILITIES—Accounts payable and accrued liabilities, $1,368,865;
be changed from 120,000 shares or $2 preferred stock, without
advances under agency arrangements, $387,481; mortgage notes, U. S. *
par
share and an extra dividend of 25 cents per share pn the
/value, to 25,000 shares of $100 par preferred stock which will be enMaritime Commission (due within- one year),. $48,000; Federal income
common
stock, par $5, both payable Dec. 21 to holders of record :
•. titled
to preferential dividends at the rate of $3.50 for the fiscal
and excess profits taxes (est,), $816,580; mortgage notes,, U. S. Mari¬
Dec. 7.
Quarterly payments of 30 cents each were made on July 1
year ending Dec. 31, 1946, and at the rate of $6 per share in each
time Commission (due after one year), $864,000; excess receipts over
and Oct. 1, last, and one of 15 cents pn April 1, 1946.
calendar year thereafter,;
/;
disbursements
on
v.,- Distributions
of 15 cents per share were made in each quarter
uncompleted voyages, $504,789; reserve for con¬
Under the/plan, five shares of the presently outstanding 89,381%
tingencies, $580,000; reserve for insurance, / $1,150,000; reserve for
•during 1945, and, in addition, an extra of 15 cents. was paid on shares of $2 preferred stock will be changed into one new $100
reconditioning SS. Georgian, $150,319; reserve for repairs, $56,686;
.peci 22, last year.
par
reserve for vessel replacements
preferred share, and holders of the $2 preferred stock were offered
The regular quarterly dividend of $1.06% per share on the ^V*%
(excess of complete or partial recov¬
a
non-transferable right, for each ten shares of such
cumulative
preferred stock, par $100, was also declared, payable /. eries on ships lost or requisitioned as to title over depreciated cost),
preferred held
$13,367,629; capital stock ($10 jar), $4,157,000; earned surplus, $7,002,by them, to purchase from the corporation one share of the presently
•Dec. 31 to holders of record Dec. 7.-—V. 164, p. 2681.
^ ^
V. 851;
authorized but unissued shares of common stock at $5
total,; $30,454,200.—V. 163, p. 2989. '4.'>; •'44.\ >:.444/' // 4. 44.
per share

total, $30,454,200.::

•'Oct.

The

;/

cents per

.

-

,

All American Aviation,

Such

right will expire on Dec. 2, 1946, unless such time is hereafter
extended by the directors. The corporation has received a firm offer
S. Willard Coleman (President) and Herbert Kruttschnitt
(Vice
President) to purchase at $5 per share and such shares of common
stock- not so purchased by the preferred stockholders. This
will involve

Inc.—Official Resigns—

*

resignation of Harry R. Stringer as Vice-President in charge '•
jof traffic,. mail, advertising and public relations was announced by
the corporation on Nov. 25.—V. 164, p. 2149.
/
//4/4:4
The

Alton

in TM*

RR—Earnings-*
1946

October—

Gross from
Net

from

$2,749,549

$3,210,936

$3,050,083

461,805

1,118,961

1,071,846

161,013

170,898

516,263

199,470

i

From Jan. 1—
Gross from railway—.
from

1943

526,874

railway—/—.

Net ry. ©per, income—

Net

1944

1945

$2,559,856

railway-—

24,114,764
1,586,848
•1,879,054

railway—.

Net ry. oper. income—

30,601,361
8,719,786
3,254,036

31,695,352
10,658,462
3,516,510

Stock and Bond

For the
mercial

Quotations

Traffic

Record—

a

/./•■v/ ''''V744/474\444'4:
first air transport company to fly more
cargo in one
month when it carried
1,106,826 ton miles in September, according to Francis D. Miller,
^director' of cargo sales. Then in October American flew 1,545,050 ton
miles of cargo.
"/.•/.;■/ i./■;,y" 444/
v'-'v/:
4
Airfreight flown during October was 911,531 ton miles compared
With 264.106 ton miles in October of last year, an increase of 245%.
•Mt- express flown last month by American totaled 633,519 ton miles
-compared with 297,739 ton miles in October 1945, an Increase of
113%,
,,44/4 44/4444;,444/>4
>
The total cargo of 1,545.050 ton miles flown by- American this past
month represented ah increase of 175% over the 561,845 ton miles of
«ir express and airfreight flown in October'of 1945,
44:4,/.^/4;44;;4
4, The record-breaking figures do not include overseas shipments or
airfreight flown, via American's Contract Air Cargo Division; //44^/44/
"million ton miles of cargo.
This company became the

miles

million' ton

a

.

■

.

.

Detroit Stock Exchange

of

Montreal Curb

:

relations,

public

nounced
■

k

has

Marshall

Rex

Nov.

on

Since April

1

publicity director for the Propeller
Corp., Caldwell,■ N. J.—V. 164, p. 2681. '■/

American-Hawaiian Steamship Co.
9 Months Ended

Sept. 36—

Operating revenue
•Operating expenses
Gross

t

profit

-

:

^

Total

profit —14

—

Frov. for Fed. inc. & exc.
.'

Net profit

—

Earned surplus,
Total surplus

pft. taxes

_4

—

Jan, 1——

—

$1,831,575
900,000

$8,072,302

——

Exc. of cost over par value of co.'s

stk. purchased during the yr.
Dividends paid
;

cap.

;

;

124,451
V 945,000

$906,180
7,148,928

2848

Condition Statement of
Condition

Statement

2867

of Member Banks

v

i

of

Federal Reserve System

2867

$8,055,108 $8,063,690 4
4/4 4 44 444'4;/v;44:;
7,075
945,000
945,225 u

American. Ice Co.—Common Div. Paym't
bf

Enjoined—

The New York Stock Exchange has been Informed that the payment
the dividend of 50 cents per share declared on the common stock

^

stock of

American President Lines, Ltd., $250,000; estimated

•

prefer^d^st6cfehdlderSi~?V.. 164, p»/1713,

SPECIALIST IN

;

<

..

•

SECONDARY MARKETS

'

'

"according

Justice

GEARHART & COMPANY
Established 1922

INCORPORATED

Members Mv>

j
~

SO BROAD

STREET

HAnover 2-2600




to

its

best

judgment."

Frank Murphy wrote the

Jackson,

,

'

:

^

Trading Markets in

/

4

Over the Counter Securities

DEPARTMENT

cAllen& Company
Telephone:

Light Co.—Supreme Court Up¬

/ ;,/44,;' 4
,v/,/_ t"•,., • >■';' •
6—0 opinion. Justices Reed and
both formerly with the Justice Department, and Justice
Douglas, former SEC chairman, took no part in the decision.. Justices
Rutledge and Frankfurter concurred witty the ruling in separate
opinions.
The
Court upheld the validity of utility "death sentences" fast
•spring in a case involving the North American Co,
However, it
ordered reargument on an allied section of the Holding Company Act
providing for ' 'corporate - simplification''' of top holding companies.
/
Justice Murphy declared the SEC was wholly warranted in finding
that dissolution of the two. companies was' essential to fulfilling the
4standards.of the law.
//'/'/•:///;,/•'■ /'/'•:/;.•,/•/4//'4';"•"■/• //•
/:
"The Commission reasonably could conclude from! the record that
American
and Electric
perform no justifiable function; they are
unnecessary complexities enabling Bond
& Share to perpetuate its
pyramided system," Justice Murphy said. "The actual and potential
1
evils resulting from their continued existence may well be said to
outweigh any of. their claimed advantages, especially since many, of
i the Tatter seem impossible of attainment due to the unsound financial
/structures' of the companies."
/'".
^■>: <\
/>
!'v\
Defending the SEC's authority to order breaking up of holding
companies, Justice Murphy said the Court rejected the claim that
the Holding Company Act gives "an unconstitutional delegation of
legislative power to the Securities and Exchange Commission* because

Act,

•

CORPORATE FINANCE

Municipal Bonds

,

&

Ruling against American Power & Light Co. and Electric Power ■&
Light Corp., both subsidiaries of Electric Bond & Share Co., the Court
reaffirmed the constitutionality of the "death seentence'- clause of
the Public Utility Holding Company Act.
It agreed further that the
SEC must be entrusted with authority to carry out provisions of the

FUIRIDA & NEW JERSEY

MUNICIPAL

Power

,

ASSETS—Cash in banks and ott hand, $5,026,227; U, S.nTreasury
by 'this dompany has been temporarily enjoineds This comiiion dividend
"bonds, at cost, $1,600,000; accounts receivable, U. S.; Government,. 4 had/been declared on Sept. 24 last, for payment on Jan. 2, 1947, to
$1,944,032; miscellaneous accounts receivable and claims, $1,002,610;
holde^t^) rhoord' Dec, 2, 1946. It was the hsfet -declaration on the
Inventory of merchandise and supplies,'at host, $20,774; investments
issu«l^in^.l932i' ;
•
'
-'.fr . .
-r, .■»<«<>■
in stocks of other companies, at or below- cost, $4,047,637;
deposit
/Th^^^^rary'restraining order was issuedsbyiuke) Chancery Court
with U. S. Maritime Commission on proposal for purchase of shares of
/at^Ne^ki^^.v'-hn^Nov,. 27 pending trial
Mivactfon by several

capital

dividends

the plan

American

$931,575
7,132,115

r

the benefit

a

The
U. S. Supreme Court on Nov. 25 upheld an order of the
Securities and Exchange Commission dissolving two big public utility
holding companies.

Federal Reserve Bank-—-

CONSOLIDATED BALANCE SHEET, SEPT. 30, 1946/4

( years.
No
.dividend in

2848

2848

—

State and City Bond Offerings and Sales—2875
Redemption Calls & Sinking Fund Notices.28674
Dividends Declared and Payable
——2867
The Course of Bank Clearings--————2866
Foreign Exchange Rates—
2867 v

$1,569,818
: 261,757

/ $1,603,783
$1,686,180
573,000 '
780,000

cumulate for

a

ferred

General Corporation and Investment News-2825 v

(A Subs.)—Earns,

$1,510,752
175,428

If

effect,

Miscellaneous Features

4
1945 44 //Y944;1v
1946
$4,629,894 $3,383,818 $3,343,487
1,773,669
3,581,427 4 1,873,066

$1,030,783
7,041,519

4

-

^i/'////4/%

$1,048,467
555,316

,

Other credits

not

holds Death Sentence Clause of Holding Company Act

Prior to that he
Division of Curtiss-Wright I

/;4

-

do

succeeding

stocto^until

of reclassification of/stock can, promptly be put into
it is anticipated that dividends will be. paid on the new pre¬
stock on Dec. 15, 1946 at the rate of $3.50 per share, and if
/present earnings continue, it )s hoped that dividends can be paid
annually thereafter at the rate of $6 per share on the new pre¬
ferred stock,—-V, 164,- p. 2402,
j

2862

Exchange—.—.

Stock and Bond Averages

he has been assistant news editor.

was

.

i

2862

mm

——>

appointed assistant to the director of
Smith, Vice-Presidenfr-Hpublic relations,
an¬
'

m^mm

Transactions New York Stock Exchange
Transactions New York Curb Exchange

been

26.

2860

mm

Toronto Stock Exchange——
2862
Toronto Stock Exchange—Curb Section— 2864
2865
Over-the-Counter Markets—

Promotion---, g'.; y:44;///4

David

mm

common

286®

_

m'mm

dividends

of the preferred stockcan
be paid upon... the
single year has been paid to the
preferred stockholders at the rate of $2 per share per annum. Since
1943 dividends on the preferred stock have been paid at the rate' of
$1- per share per annum.
No dividends have been paid upon the
common stock: since the time of the organization of the corporation.
as

•'holder sin

2860

——.

4

-

corporation at the present time has outstanding two classes
stock; preferred stock and common stock;
Under the provisions
of. the certificates of incorporation no dividends have to be. paid
upon the preferred stock in
any
year,
and earnings no paid out

2859
—

//

NEW YORK 4, N. Y.

Sell Teletype'. NY 1-573

,

10, stated in
;•/■/ '- hi/::- ;//;//

The

2859

Philadelphia Stock Exchange
Pittsburgh Stock Exchange—.
Sti Louis Stock Exchange-Montreal Stock Exchange.—

follows:,

as

6c$.

of

2859

4—
'»«

v./''.

••

Willard Coleman,, President/ on

part

2858

*.

Los Angeles Stock Exchange*, 4-—.

.

44 S.

2859

*

than

;

.2858

—1^4

Cincinnati Stock Exchange
Cleveland Stock Exchange.*

outstanding 10/692.56 shares of ho par value

are

Upon consummation of the plan, there will be outstanding $1,787,660
of preferred stock of -$100 par value and 19,630 shares of no
par
common stock. •' "
//
'•/■
•
.//

.2858

Chicago Stock Exchange——

second successive month, this corporation set a new com¬
record when it carried during October more than a

aviation

:

from surplus to the capital

.

New York Curb ExchangeB%—— -2853
.

$521,464 will be transferred

At present there

_

Boston Stock Exchange

sum'of

pommon stock.

New York Stock Exchange) (Stocks)„ -2837
New York Stock Exchange^ (Bonds) 4.:
-2848

30,922,073
12,632,315
3.309,014,

Baltimore Stock Exchange

American Airlines, Inc.—Cargo

*

total, of approximately $,939 common shares/

of the corporation, so that all hew preferred shares' will have
capital
behind them of $100 per share and will be fully paid and non¬
assessable,
...
v.V.
y'v'.-'...-v'/i/'V."
4'"
//;■/'"-."■ /.

Page

•Deficit.—V.. 164, p. 2401.
i.

a

The
■

i

from

~

45

Telephone

<

REctor 2-3600

York

NASSAU

Security Dealers Association

STREET, NEW YORK 5

p Philadelphia
?'/

Telephone

Enterprise

0016

-

BeU Teletype
New York 1-576

Troster/Currie & Summers
Members New York

74 Trinity

Security Dealers Association

Place, New York 6, N» Y«

Telephone HAnover 2-2400
Private Wires to Buffalo

Teletype NY 1-376-377

Cleveland Detroit Pittsburgh St. Louis

THE COMMERCIAL &

2826

of

of

absence

alleged

an

Automatic Canteen Co. of America—Earnings— 7" '7

guidance

ascertainable standards for

any

carrying out its functions."
,
,
.......
r -Justice
Murphy's decision went on to say that the
decision that the holding companies in -question should

in

could

Commission's
be dissolved

added that the Court was
dissolution is so drastic a remedy

unimpressed by the claim that
as
to be unreasonable.
7..7-'

section

B-2."—V.

11

164,

Works & Electric Co.,

American Water
ended

21.2%

Nov.

Earned

At

3 Months

•Net

■%

Ended Sept. 30—
before taxes 77-7

and

Income

Net

profits taxes-

excess

profit

♦After depreciation.—V.

$796,361

Other

alone

tax anticipation notes.
times

four

over

were

678. i'V "ii -V :

Uxbridge

public, offering

of

the

Cash

544,916

The

ASSETS—
Call

and

U.

$1.03

woolen

'

t»

Worsted

•

Bear,

cess

$814,957

$2,610,991

$3,066,124

464,745

securities of

of

worsted

and

Stearns

554,878

1,804,776

2,32Q,319

77,700

117,590

299,800

The
•

&

fabric3

the largest

6f

one

-

322,200

,

have

Co.

been

Net

$142,578

$506,416

$423,607

222

177

8,609

18,78s

income

Cross income

Int.,

$155,291

income——
(net);.-—

pper.

Net

:

$155,513

—_

$80,220

$133,137

income

manu¬

Total

is

The
the

on

191.249

:

*'

subs.

from

Other

4,956

income

named

Net earnings

2
_77

<463,898

interest

453,998

-

-

-

$645,358 Xt $642,817
453,998 : V , 467,227
.

—

44,687

■

44,687

•

*$10,370

44,687

■

46,016

,

1,416,164

48,750

;

$161,084

$160,124

s-

company——

—i—

—

824,475

711,935

181,834

163,581

$6,716,805

charges

$8,241,843

—i

u—

;

withheld—other

'

the first

for

nine

haye

fconds

Capital stock

237,058
103,257

(no par)

5,510

—

6,343

6,203
.

1,548,119
1,341,092
2,877,777
-TV"—

imJ

100,QQO
1,548,119

1,344,092

| 2,463,2gl V

$6,716,805

rrr:—

,

8,493.

100,000

__^

^

Total

16,304

"

,

surplus

-V. 164, p.

$6,241,843

i

Bethlehem Steel Corp.—Bonds Offered—As
mentioned
in our issue of Noy,
.I25y Kuhn, Loeb & Co. Rnd

months

of

amounted

1946

to

Barney & Co. and associates
Nov. 22 offered to tiie,
public $50 000,000 consolidated
mortgage 30-year sinking
fund 2%% bonds; series

approx¬

'

'

of

4%

bonds

stock

<l

'

liability

authorized

7

in

guarantor,

as

the

to assume obligation
exceeding $7,620,000 of

company

not

of

respect

the Commission

thereto

bids

two

Accrued dividends,

from ffov,

rate of l%%i per annum,

receiyed.
"The best bid;
1946 to date-of delivery,

were
was

1,

delivered".

- »

-

.

.

.

,

net proceeds
(approximately $43,024,500) will be
(subject to possible changes) to provide additional funds for-thb
of certain .additions
and improvements to certain pf the Steel

cost

^plants P.! subsidiaries qf the corporation.

applicant invited 88 prospective bidders to bid for the purchase
vof
the certificates,
the bidders being required t{o specify, the rate
of dividends to be bdrne thereby in multiples of Vg of 1% per annum.
response

Fur*

PURPOSE—The
used

'

states:

The

a

ticated and

certificates, series R, to be issued, by the Irving
as trustee, and
sold at 99.29 and accrued dividends ;ip
with the procurement of certain equipment.

report.of

r

Sinking fund, sufficient to retire on Nov. 15 in each year from
,1943 to 1952, inclusive, 4%, and on Nov. 15 in each year after 1952
2%#
of the total principal ampupt Qf the Series J bends
thpretofore authen<*

trust

connection

The

Nov.

on

priced-at 100 % plus accrued interest.

were

•

The

ther details follow:

,

...

'

r

preferred

"J, due Nov. 15, 1976.'

.

ICC

equipment
Trust Co.,

and

11,723
78,667

Capital surplus
.Earned

BaRimorp & Ohio RR.-r-Equip. Trusts Authorized—

on

—

V

■

85,928

—

of

sale and factoring of sales
principally in the manufacture, by
draperies and automobile fabrifcs

outstanding $8,500,000
stock.

.'/.o'

v

1945

$332,103

219,874

Mis, current liabilities
.Reserve for contingencies

are

will

In

1946

$527,697

——

expenses,

Accounts receivable—credit
balances
1—
withheld under payroll allotment
plan
;,
for employees war

a

the production. The operations

-

Smith,

sales

HISTORY

AND

-

The

business

incprporated

was

99.20

based

and

the

corporation

obligations

physical • properties which-are
operate any physical properties.

:

made by Salomon Bros. & Hutzler

1,

July

-

of

stocks

owning

>'

.

BU§INESS—Corpor$,tipn

31919, iii Delaware. *
consists

chiefly .of

holding

pnd

of subsidiaries.
It also
oyms 6ome
operated by subsidiaries.
It does pot
:

; ;

k

Vubsidiariej' of

The

the

corporation are engaged, chiefly, in-the
businesses of: (1) the manufacturing and selling of
annual cost of the proceeds to the applicant will be approximately
iron, steel and
certain- other
products, .including: structural shapes, -rail's and ".rail
2.02%.
■
VX
; I
:-accessories, plates; sheet piling," bars, rods, blqorps, billets,, slabs;
I
:
EARNINGE FOR OCTOBER AND YEAR TO DATE
<
skelp, pipe, tubes, sheets, strip, black plate, tin plate, wire, wire rope
.and ether wire products,
Period End. Oct. 31—
-1946—Moiith—1945
1946—10 Mos.—1945
bolts, nuts; rivets and spikes, car'wheels;
railroad frogs and switches, armor
$
plate, gun forgings, shell forgingS;
•axles; pressed, hammered and dfop forgings, steely iron and brass
25,300,749 252,786,990 308,529,916
Ry. pper. revenues
28,498,038
^castings, pig iron, ferromanganese, ingot moulds,--stools pnd bottom
iiy.
oper.
expenses-!-—_ • 24,ti7,'<«d 22,58o,755 228,507,882 232,514,826
.plates, macninery, coke and chemicals produced^in. the manufacture
ibf ■■ coke; v(3.)»thfe -tonstruction and
L Net rev. from ry. pper.
24,279,108
76,015,030'
2,714,994
4,080,250
selling; of. steel, freight-train and
mine cars/(3) the fabricating, selling and
431,699
16,233,220
33,640,267
erecting of steel for build♦Ry*>iax; accruals-^ii) Crl.678,599
.'ings, bridges/ tanks and other 'miscellaneous structures; (4) the building
568,880
■2,314,163
203,941
5,162,634
Equip, rents (net)——
and repairing of naval and merchant
Jt. facil. rents (net)—
•191,724
153,124
1,534,032 yi-1,671, \.i2
vessels, tugs, car floats, barges

q,nd associates,

—

2,763

reserve

■

"

8,750

-—;—-——-

less

s

•'

2,123,731

rer.pivqhlp

affiliated

'

v

$678,769
2,082,420
978,713
1,382

.Amounts

succeeded

shares of common

711

Amort, of debt disc, and
expenses s

1945

•

•

l,lao,3VJ

to

assets,

■.'*

„—$124,132

2,085,640

assets'

f.xed

$0.^8

-

wear,

and 700,000

and

^'118,558

114,698 '

3: $488,315

$566,132

—

interest

Debenture

103,594

99,907

accounts

and adv.

m

'

manufacture,

the

fabrics used

Corporation

i

$761,375

$760,056

transit

wages, etc.
Accrued Federal inc. and exc. —i.—t-r:
profits taxes
Taxes accrued and

principal under¬

the

as

outgrowth of

Uxbridge

and women's

plants

1,069

$588,222

and taxes-

Oper. exps.

General

$669,726

'

involve

men's

'

,

Total

in

;

pajjable—trade

.

'

,$760,306

$780,056

$586,543
1,678

$664,770

.—77.7.

$310^094

1946
and

LIABILITIES—
Accounts

;

and net income, after all taxes and an $dOO,OQO
reserve for contingencies, was $2,339,000.
Giving effect to the present financing Bachmann Uxbridge Worsted

received

——

income

of

The

1943

1944

1945

1946

...

enterprise

Net

Telephone # Telegraph Co.—Earnings-

Sept. 30—

divs.

and

;

1

imately $30,494,000

£j0 cents per share
of record Nov. 30.
was paid on June 15, last, one of 35 cents on Dec. 16,
of 25 cents on June 1, 1945.—V. 163, p< 3270.

Associated
9 Mas. End.

t

hand

on

Total

Mass.

,

Int.

an?
leous

Accrued

partnership which
to a partnership
specializes in sales and distribution while

The former

worsted and woolen

$251,0^3

directors an Npv. 19 declared a dividend of
common stpck,
payable Dec*. 16 to holders

amount
1945, and one

440,000

$660,315

BALANCE SHEET AS AT SEPT. 30

receivable

Total deferred

operated
in
Massachusetts,
Rnode
Island,
Connecticut, Georgia and Indiana. The principal plant is at Uxbridge,

•

50-Cent Dividend—

A like

the

company is
1898
and

in

1907.

Thirteen

$442,342

$410,153"

62,535 "

of

others,

$510,025
89,872

$142,755

22,37$

deductions— _

etc.,

Bachmann

Uxhridge supplies the major part of
the

Other

''

banks,

Other-

filed with the Securities and Exchange Commission

was

established

was

founded in

taxes.—_ ;

profits

proiits taxes-

excess

Government, sepuritips

invest,

27.

Nov.

,

$697,736

and ex¬

income

Federal

9,40(1
575;900

U——i V

Merchandise inventories

^.

+

Corp.—-Flies KeglStra-

present

tion statement

1946—12 Mos.—1945

Mos.—1945

in

S.

Accounts

'

financing involves the sale of approximately 45 000
shares of 4%
preferred stock and -200,000 .shares of common stock
being offered for the account of stockholders. Kidder, Peabody & Co.,

Cprp.—Earnings

1946—3

Sept. 30—

&

1.18T

•>.

total

company

-4—

$895,398

7

—

■'/:UCOMPARATIVE

writers of a grpup being formed to distribute the securities. A registra¬

Period End.

135,274
-rr

$1,101,500

.Earne

contemplated in the near
future. Two affiliated corporations,
Lv Bachmann & Co., and 0xbridge Worsted Co., Inc. are being merged to form a new company,
Bachmann
Uxbridge Worsted Corp. They have operated successfully
for a long period ,of years and have earned a net-profit
in every
year since lo23, when Ijxoridge was incorporated.' The two companies
have always
hjid integrated operations.
.
.
-

and

Operating revenues—_
Operating expenses——

——

———■

profit

tion Statement with SEC—
first

—

$760,124)

$389,031
112,469

and

by the purchase of

63,809

...

■

^harges and, dedjict.ohs —I

Net
/

v

.

'•

————

Provision for Fed. inp.

'1.22

$1.25

^.66,868

'

.

income

Total
Other

'$548;219

(450,000 shares).

income

Miscei

164, p. 2538.

Arkansas-Missouri Power

Operating profits

i

12,542,038 " 12,546,939
475,000
910,000

_——

"

^

^

1946,

cash

Bachmann

$565,566

$0.48

v

.

1,634,748

$1.53

Earnings per share

28,

in

1,083,317

•Depreciation

'

v.,

%'

securities
liabilities.—V. 164, p.

$2,365,566
1,800,000

1,634,748

7:

.....

$14,005,158:

$563,137

government

1944

$2,726,361
1,930,000

$2,510,756

——

outstanding

Shares

•

■■

$13,580,175

-.lii.

$500,000 prepa.d

Inc.—Output—

-;j'V1945

1946

1,600,000

7'

r

_

;—

current assets amounted to $4,645,443, including
$2,750,000 invested in government securities.
that .date, all of the company's liabilities totaled $676,114,
in¬
cluding provisions for Federal income and excess profits taxes beyond
Sept.

$1,076,599

Subs.)—Earnings—> -

$4,110,756

income

profits taxes

present shares outstanding

on

,

At

The

""

v

7

share

per

0Based

facturers

Archer-Daniels-Midlaiid Co. (&

;...v

- -

—

income

Net

Mr

Bpl^irig fleminway Co.—Earhings—
) Mos: End.

——

"v-

.1.

Federal income and-exc.

164, p. 2682.

Of 1945.—V.

;•

! "

"

•

Cost of merchandise .sold, deprecation, salaries
and wages, and general.and admin, expenses

corresponding week

76,822,000 kwh. for the

the output of

over

-l'

this company for the
kwh., an increase of

of the electric propertiese of
23, 1946 totaled 93,124,000

output

Power

week

!

Total

'.v;'

"

2682.7;Vr*

p.

discounts and

cash

Int.
1,1

'77 V
However,
Justice ilurphy said the Commission up to this; timb
has merely ordered the companies to comply with the terms i>f ithe
Holding Company Act.
, r
,
. •
• '
"Actual
compliance comes later," Justice Murphy said. , "In the
meantime, nothing precludes American or Electric from seeking rev-o
ocation of the dissolution orders on a showing that the conditions
qpon which the orders were predicated do not exist, thereby making
some
other type of order more appropriate.
Section 11 B (of the
Holding Company Act) expressly envisages such a procedure, with
provision for notice and hearing.
American and Electric thus are
not
yet foreclosed from
attacking the Commission's orders under
V

Monday, December 2, 1946

Sept;
'1946, 7 /. -1945
9 Mos:'End;.Sept
,
...
„.M.-vv.W^
1946 ■
t945
:
——4— $12,639,854 $12,899,106^:^PaieVJfcss returns allowances and discounts— $10,"828,607 $10,785,067
Cp.vt of ■ sales,; exclusive of depreciation.^—
8,545,697
8,877,81$
-——-—.v- ' ;.- 665,882
879,970
~T —— -Se.ling, general and a.dni.nlstra't^^: expenses^, 'v-.l,22,7,Oil
sundry income
7,27$,439
226,082

7; <77-7

Ended Sept. 30—' ,77
Merchandise sales
Othf;r operating income. -,7
Year

He

unreasonable.

considered

be

not

FINANCIAL "CHRONICLE

and has-been

accepted.

On

this

,

basis the

average

•

;

♦Deficit.

$67,447

7

Balance surplus

*-"• 4

~

j

$146,673

$128,864

;;

•

f

-

.

Z\ ,7

...

SEPT. 30, 1946

BALANCE SHEET,

•»

•

patent
Tights, etc., $1; deferred charges, $511,447; due from subsidiary com¬
panies, $691,778; cash in banks, $808,091; special deposits, $80,314;
acpounts receivable, $418; total,' $23,000,908. 7 v';.7''7-;777
■ •
LIABILITIES—7% first preferred stock ($100 par value), $2,898,500;
$6 first preferred stock (np par value), $3,608,945; $4 preference stock
(no par vqlue),' $983,650; class A stpck cumulative at. $4 and partici¬
pating (no par value), $1,368,406; common or ordinary stock ($1 par
value), $1,038,308; 25-year 5V4%' debentures, series A, due May. 1,
1965 $11,006,000; accounts payable, $2,516; accrued interest, $252,221^
accrued taxes, $15,035; reserve for employees' benefit fund, $60,000;
reserve
for possible loss in investments, $1,114,081;
earned surplus,
$653,186; total. $23,000,908.
"
• •'
,
• _'V*
>
ASSETS—Investments

(stated

cost

at

or

less)/, $20,908,859;

oper.

ry.

Other

income

directors

The

Nov. 20 declared a dividend of. $1.54, per share
preferred stock and $1.32 pfer share on the $6 first

on

first

the .7%

on

both payable pec. 28 to holders of recprd Nov. 3q.
On Dec. 29, last year,
the company paid- $1.19 on-, the • 7 %, stpck
and $1.02 pn the $6 ,stock.—V.162, p, 2811.
'
preferred stock,

.ooal

'417,259;

2,420,980
49,566

2,803,348
74,589

';k8,386,304

846,182

39,571,490
821,449

141,150

75,918

1,283,892

1,113,975

i,382,80p

1,^10,840

13,497,640

sidiaries;

13.Q54.307

M

i

Totg.1

income—

deductions—^—

Misc.

int.

Fixed

«

,

interest

debt

;

funded

)

Net income.

9

sales

Administrative

721,392

:.—

8C1.072

128,052

—

7,554,124

v

540,929

114,795,534

16,571,043

Other

depreciation.-;
777777——.

The

during

Net income
Earned

per

'

*

—

—

sbare

tion

the

107,491

$232,773;

$5,059,005

4,335,028

$4,521,370
4,173,505
17,364,230

.-*1

;

83,900

$109,074'

$136,890
'

1946—Month—1945

.

4946 V 7

7/7,- ,x'

U.

S.

1,447,387

LIABILITIES—Accounts payable, $186,892; accrued accounts, $34,725;
Federal taxes on 1945 income, $12,932; Federal taxes on 1946 income,
$83,900; provision for possible additional income taxes, $52,699: re¬
serves,
$92,576;
capital stock,
$567,306;
capital surplus, $718,391;
earned surplus, $664,010; total, $2,413,531.—V. 164, p. 1326. ffr' .■.:-,7.:':7

214,083

-i—

1i Operating Income——
Non-operating

$293,156

income— •777

$206,397

$2,414,097
55,999

$1,557,035
:'
.70,467

$214,696 $2,470,096
4V?S?; 3,871 ' 7 7:25,7-11

$1,627,*503

8,299

5,561

$298,717
•■■""

charges— -_1——

Fixed

rate of

/

*.

1,660

on

series A debs.—

for

.1; 50.593

.

cohtingencies- '37

-

•

,

$149,464

income-

Net

-

The

corporation

on

Nov.

has authorized the increase

25

Affiliates

announced that its board of directors

of its investments in New York Shipbuild¬

ing Corp. and ACF-Brill Motors Co.
securities of said corporations in the

through purchase of additional
open market.

;

$140,982

-

-

485,000

while

craft

York Shipbuilding Corporation is controlled by TJie Aviation
through jts ownership of Founders stock of the corporation,
ACF-Brilf Motors Co. is controlled by Consolidated Vultee Air¬

Cprp.,
p. 2682.

an

associated company of The Aviation
v,;.
■ 7
v..
.','
..




Corp.—V.
;

164,

the

corpora¬

That is shown

by the

consolidq.tpd net. billings '1

for the five

years

1936

to

1940,

average
annual consolidated net billings of the cor*
its subsidiaries for the five years 1941 tp 1945., inclusive,
The increased volume of such businesses during the
to
1945,
inclusive, was due chiefly ,to the extra¬
demands incident to the prosecution of World War, II fof

$749,228,376

per year,

v*? %•

is $561,921,282, or at the

/

-3;

„

activities for

the U.

S.

Navy

' ':p

3

t

•;

Department.

'total net billings of the corporation and its subsidiaries during'
•>,
the fiveivear*period 1941 to 1945; inclusive, approximately 53% rep'reUk
sents billings in respect of shipbuilding and ship repaid activities.
|

630,325

i

$L476,36Q. ;b .$962,340

164, p. 2007.

vpf such last-mentioned ..billings
repair activities

ii; nils.

Bangor & Aropstook
Period End. Oct.

•

c(J

-J

BR.—Earnings-

Ry.

oper.

Ry.

oper.

1946—Month—1945

31-^- ^

i

revehues—
expenses.——
accruals——

$711,577

vMJ

1946—10 MPS.—1945

$692,788

$8,449,090

,604,763

7,459,030

$8,547,910
5,804,603

61,576

Crl5,424

642,267

1,867,852

Ry. oper. income
income •-(net)_^_^_.

■♦$3,861

$103,449

31,962

7

Rent

17,575

$875,455
131,8.77

$347,793

7

102,440

(./

;

Net

ry.

oper.

income

$121,024

$28,101 V

income
(net)—

$450,233

$1,007,332

22,610

41,808

$123,5C4

1,340

$472,843

$1,049,140

45,644

450,120

$77,920

$22,723

2,540

-

vf Income avail, for fxd.
$29,441

charges
Fixed

45,495

charges:
*.

?

Net

•

f.

;

457,299

Tm0m

income

•Deficit.—V. 164, p. 2150.

*$16,054

.

:

$591,841*

.77"

of

the

corporation

ot- shipbuilding'

(or

approximately

and

its

45%

subsidiaries)

of

the

1

.

33

represents

Shipbuilding and ship repair activities. Of such last-mentioned billings,
in respect of shipbuilding and ship repair activities approximately
37%,/
(or

approximately
its

1Q.5%

subsidiaries)

of

the

total

net

billings

of

the

represents
ship repair activities for the U.
The

rated

annual

subsidiaries, of

pther

in respect

approximately 85%

billings in respeot of shipbuilding and ship repair activities for-the:
D. S. Navy Department and fpr lend-lease.
Of the total net billings
of the corporation and its subsidiaries
during the nine months ended)
Sept. 30, 1946, approximately 28% represents,.biRings. in respect of

a-

653,862
V

total net billings

and

tax

Ry.

'

New

Corp.

subgidiaies of

annual

the

Of

Stern,

Hart & Co., Inc.,

(The) Aviation Corp.—Increases Holdings in

the

in its history.

pf .the

.

-^shipbuilding and ship repair

34,837

483.0^4

69,843

97,000

j i

Vice-President in charge •• of sales of Frederick
Poughkeepsie, N. Y., a subsidiary, producers of soundrecording equipment, has resigned from that firm.
He is forming
his own company which
will manufacture and distribute film and
•wire sound-recording devices for commercial and home use, both in
this country and the export market.—V. 164, p. 551.
• ■•/'• I.;

years

the average

Of
the total net billings of the corporation and its subsidiaries
during the five-year period 1936 to 1940, inclusive, approximately 14%
represents billings in. respect of shipbuilding and ship repair activities^
Of such billings in respect of
shipbuilding and ship repair activities
approximately 58% (or approximately 8% of the total net billings of
,the corporation and its subsidiaries) represents billings in respect of

■

ATR, Incorporated—Official of Unit Resigns—

businesses of

_

Int.

Prov.

-V.

Albert-D.

of

billings of the corporation and its subsidiaries

1946—9

'

income-—-——

Gross

the

amount

various products pf the subsidiaries and ,to some extent to Increases
in capacities and the construction of new finishing facilities.-; For the
nine months ended Sept- 30, 1946, the amount of the consolidated net

3

Mos.—1945 :
$1,843,908 $18,030,016 $18,350,387
1,392,171
13,224,222
13,747,314
245,339
2,391,696
3,046,037

$1,954,626

Operating revenues-

the

$1,486,605,956.
five years 1941

Operating expenses.
Taxes':

-

■.

ppration and

'•♦•

Period End. Sept. 30^

volume of

corporation and its subsidiaries

Is

(Including Baltimore Coach Co.).
;

.3

.

is $400,890v,040 .and the amounts of the -consolidated- net
billings' of the corporation and its subsidiaries for the years 1939 and
1940 .are
$414,141,037 and $602,202,618,
respectively,
whereas the

Baltimore Transit Co.—Earnings—

V 72,786

ports; (7) this

inclusive,

$9,468,504 $26,0.59,195

——

101,193

Government securities,. $27,500;
accounts receivable (net), $304,435; inventories, $656,349; other assets;
$1,999; permanent assets (after reserve for depreciatiop of $726,260),
$1,188,626; deferred charges, $1,849; total, .$2,413,53.1,7:$7
ASSETS—Cash,

Retirement Act—

Unemployment Inc. Act_

the

of

tDeficit.—V. 164, p. 2682.

$283,054

.

the United States to foreign

the

during any other five

umqunt

3,47-7

;;

i

Federal income taxes—.74,471

$279,577

...

'BALANCE SHEET, SEPT. 30,

-

Railroad

(8)

yolpme of thp businesses of the subsidiaries-the corporation,
the five-year period ended Dec3 31, 1946,' was much; greatec

ordinary
$328,281
..

taxes—

,

28,296
7

—...

—

Provision for Federal income

;

$299,984

operations— „—
income less other deductions..
—T—

Depreciation

acct.

Total

profit from

Net profit before

tax

■■

and

„

8,010,716

.:.-■ "s

Tax acct. Railroad

1,614,983
224,562

124,230

and selling. expenses-,.—

Exise

:

$2,119,122

—--u_T_,-----——$2,160,046
(less depreciation)-.———
1,735,832

—

Cost of sales

Net

1945

1946

Mouths Ended Sept, 30—

the mining and quarrying pf pip,-

subsidiaries.
•

on

than

Atlas Tack CQrp.-^Earnings—•

(5)

plants operated by
operation of public water supply systems in
the viclntties of certain plants and other
properties operated by certain
subsidiary;

a

funded

on

debt ■
Convihgenc

•Include:

'

craft;

the United States and from

"

fact that

Net

harbor

other

limestone

(6)

•.operation of short-line railroads in the vicinities of

Fixed chgs. other than
int:. on funded debt-

:

and

chiefly for; the Use of one or more of the sub¬
tire transporting of ore, coal, limestone and grain and of
steel products oil the Great, Lakes, of ore from foreign
ports tp the
United States and of coal in coailwise traffic on the Atlantic Coast of

35,540,297
4,197,693
4,188,611 ;;4,631,193
jr.:I
ji

•'376,394

income^-

"

Dividends—

2,386,089

2,044,586

.

,

certain

and

'

Net

i

^.Jan.

1,

the

corporation-increased

.

from

10,483,200

net

tons

on ;

1936,

to 12,900,000 net tons on Jan. 1, 1946—an increase
During the same period the rated annual steel-making
capacity (ingots and castings) of the United States increased from
78,164,300 net tons on Jan,
1946, -to 91,890,560 net) tons on Jan.
l,i 1946—an increase of 17.6%.
The average percentages of operations
of

'!'
T ^

corporation

billings in respect of shipbuilding and
S. Ravy Department.
■.'■■ ■33 .'!*■•; ■';
steel-making sapacity (ingots and castings) of
.■•■•-/

23.1%.

compared with rated capacities for the period 1936-1940 are: for.
the'subsidiaries of the corporation, 69.9%, and for the United
States,?
65.4%; and for the period 1941-1945 the corresponding percentages are:
as

for thp subsidiaries of the

corporation, 99%, and for the United States,

,

yolume'-164'

For'the- nine

months

the

percentages are: for
■for. the United States;
£

■

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4547
Sept. 30; 1946, the corresponding

ended

subsidiaries

•

68.9%

of

the

due July

OUTSTANDING

AS

Steel

' !■ bonds,, due

JUNE

30,

Co;

Bethlehem

steel

ratge.

'

914,000

2%

5-year

bonds,

7%

UNDERWRITERS—The

amounts

of

the

purchase,

series

of the underwriters

Co..,.:-

3,00u,uuu

C,.- An.yn

and

Co.,;.'.

Bissell

Leo

Freres

the

Other

principal

M.

Corp.-__

Mackubib;

Blair

As

Blyth

Ac

H.

Boynton

Co.,

Co.w.

Ac

Co;,

"

•

150,000'

;

i

As- Sons—-

Common

iV

1

100,000

500,000
350,000

Clark

Co.

200,000

Coffin

Ac

Inc.

250,000

W/

Earnings

Julien

Collins

100,000

;

100,000

Ntwhard,

Ac

Co.__
+i».f±Uic

As

i

Drexel

Ac

•

/

Co.—

Co,—-

500,000

i

,,
■

J

Other income

^

Co._

100,000

f

-

.

and

Piperr

-

v

Hop-

:

100,000
v

Reinholdt

150,000v.

Reynolds
Riter At

''Deficit..

v.

350,000

Bahey, Clark Aa Co.
Harwell, Chapman Ac

100,000

t. CO;:

————

after

Co.—

of

The

First

Corp.

i

Corp,

100,000

.

First of Michigan Corp.

200,000

Chore,

*Goldmanr Sachs Ac Co-.
<<5raham. Parsons Ac Co.

1,000.000

&

150,000

Uarriman

.

Smith,

i; 100,000

J. B. Hilliard Ac Son

Weeks—.

Tucker,

Co,.—

100,000

100,000 *

McCormick

The

Ac
'

Dean
Harold

Co.

Witter

Yarnall

Xiadenburg,. Thalmann Ac

E.

Ac

Ac

'2,640,300'

T?tal

loss

before

V.

Federal

recoveries

tax

Net. earnings

1946.

204,000

$90,689

>

share

40,630
$0.12

1583;

<'

r

Month of

$811y994.'3-;

-V.

September—
——

;

.,

Earnnigs-^

:

.

$0.22,

*Net

.

i,v

.

;

>

$0.21

1945

$3,093,208-

$2,822,159

$3,026,291

2007.

:

'

Net

.

f

1944

170,247

133,545

69,353k

$4,178,402

$3,160,054

-;i

and

dividends

Fed.

received-—_

100,656

$2,850,517
1,14a,500-2,429,00ft-

——•

^

r

**-i.fr*-

**f*

\

''

b '•

.

a

-

\»!

')•'

*5

,

.

932,912

?

$2,227,142

8,983

27,870
$2,255,012"
583,014*

49,621

44,137

1,877,300

1,099,000.

...

277,100

$530,999

258,694
$1.63

;

: $528,861!

.

258,694

258,694.

$1.52

$1,531

v.

•

•

•

.

*

,

"v

? ;i

! /

. .

common" share_u--—L_i—i——

(Excluding

Ordnance
Ac

ASSET'S—Cash

able

Steel

Foundry

Cannon

(after

hand

on

'i

$0.9ft;

$0.44"

and

Wyant ! ! /.

Campbell,

-

.

!

banks,.. $2,351,067; accounts receiv¬
for- doubtful accounts; of $6,000), $1,512,243;.'

provision

for

reserved*

Co.

Engineering Co.).

and" in

inventories/ $1,031,072;, funds

(U.

notes

S.

certificates and

and

casb>.

acquisition

and
improvement of production facilities,,
in-wholly,-owned subsidiaries not consolidated.
$95,000; investments'at cost less provision for loss, $1,600; land con-;
tracts receivable, $22,246; property, plant and equipment (after pro-'

V.

investments

vision*. fo3> dfepreciatiort* of -$2,825,508);
and

other

deferred

•

charges,

$85,425;

prepaid

$3,181,401;

total,

insuranca

$10,970,054:

.-/!'/

•

LIABILITIES—Payroll accrued, $332,356; accounts payable, $623,407;?
payroll deductions

-

resolutions. adopte'd
a

special

for

bond

Government

purchases,

old

benefits

age

on

1946,

»

.

to the capital gain dividend,

1946,

13,

and accordingly will not be paid, on shares issued! in-; ;
the capital gain dividend.: The amount of this ordinarywill ; be determined by the directors on Dep.. 10,r 1946, and:

is

of
!

estimated

now

share.;
order

on

the

.

that.it

basis

will" amount.-,.to' approximately-

shares

of

receive;, the

to

now,

special

$230,932

v;

"

r,

in

2ft: cents :

stockholders-;;

-

;

—

——

,

-...

$2,629,961 $24,266,613 $23^179,689T

will

be

estimated ordinary dividend
of, record Dec." 1"3; 1946 from

164,

the

whole

[Cash

Oct.

1946,

of

paid" in

the^number of

cash and,

the^ record- date* nre

orv-

•

exceeds

1,

capital

a- cash

Dec.

whole

cases

Prior

of

to

payment

15

the
of

30

cents

the

be

issuable,r. the

paid in

each

was

were

stock

made

..

on

split-up

$10,970,054.,
states

former

■!

■

that

the

subsidiary,

has

,

!,!

liquidation- of Ordnance5
been1 substantially com-;

,

k

April

the

funding rights
will -be- redeemed on.*-Dec, 30; next,
at $25 per right, plus interest
amounting tq ,$L per right for the year 1946-.—V. 164, p. 823'.
of

outstanding

held

share,
.

July 1 and
April 30,!'

non-cumulative

Canadian National Lines in New England—Earnings—
October-— !• "
'
1946
1945
! 1944
1943
Gross from railway--— / $170,000/!
$163,700
$138,000/ $152,900
.

from- railway!--—!—

l4

Net'.ryt oper; income-^From Jan. 1—Gross
Net

from

fv;-: t?

railway

*52.505'

*72,018

*38,868

*104,665* !

V

*93,382

• ; ...v.v:!/.!:
1,756,500
1,953,800
*97,678

from-railway:.——r *445,596

*58,133

$125,482 /, $108,654
^

-

Net ry. oper. income^.
*1,029,009*709,345
!] /Deficit.—V. 164> ,p» 2283.: ,■
'r!; v!;/:/

1,547,000
*401,185
!:*948,435

r

1.443,500
*512,799
*1,060,455

on

1,

1946.

-

Canadian Pacific Ry.^Earnings—
Week Ended Now 21?-

Traffic—V.

earnings

;
—

?

/;
—

—

—

1946
$6,048,000

\

1G4, p. 2683..

1879.

per

1945
$5,915,000
(

.....#-/'

Subscriptions in -United States, U. S. Possessions, Territories and Members of
NOTE: On account of the fluctuations in the rates of exchange, remittances

year.

■

-

•

>,

income

r

...

•

$1-.

,

Net

last year; a special distribution of $1.27
per share out •;
long, term capital gains was.declared, payable, in 'stock or-'
at-holder's option on Dec. 24,.. 1945 to stockholders of record '
6,

realized

cash

,

balance !

full

a

cash.
made

on

total,

Celanese, Ltd.—To Redeem Income Refunding Rights—
.! !-?•/!■ rt'.XXXX
■;:X.

'

gain !,

capital

number'of shares

for' the- issuance- of.

two-for-one
cents

shares

where

gain ..dividend will

distributions
last.

in

insufficient

a

.

representing, the

payable'Dec.' 24, 1946' to stockholders
ordinary income.,., In, .cases where the: amount- of. the
dividend

-

amount'

Co.,

Canadian

■

.
Capital gain dividends: paid in stock - will be- paid in whole shares :
only. No fractions of shares or scrip certificates-will"be issued. Each-:
stockholder receiving, this dividend-in stock will be issued the whole.;

shares obtained .by dividing the total amount of. his-capital
gain dividend by the asset, value per share of capital stock of, the
corporation as of the close of business on Dec. 9, 1946,. after
deducting

(& Subs.)

Foundry

requested to notify The New York-Trust Co., 100 Broadway,
York, N. Y„ to-that effect on or before Dec. 9, 1946;-! // All

the

Br$27,559;

W., Cannon,- President,

'

cash,

number .of

$429,689.

held;

pleted and. that the company received during September a liquidating
distribution of $-1,090,157 which was added to surplus. Earned surplua.
on- Sept:
30; 1946? was $5,560,653 compared with $4,430,745 at the
corresponding date last y^ar.—V. 164#.p. 2683:
?!?
•Af • r-'t
A
x..r • f 1
' X •. 1
'
\
V / •

outstanding,

distribution

York, N. Y., under the Act of March 3,
Union,' $2fl.oo? per? year; m> Dominion of Canada, $29.00
per year.
Other Countries. $33.00
foreign subscriptions and advertisements must be made in New York funds.




./

$153,87S:

and/Fn»anci^Chronicle^(Reg. IL^^ S.. PaAeht Office) William B. Dana Company, .Publishers, 25 Park Place, New York-8. N. Yv, REctor 2-9570. Herbert D. Seibert, Editor and Publisher;
William Dana Seibert.
Presi^nt, William D Riggs Business Manager. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
offices: 135 S.
La-Salle^St. CW«y 3# III (Telephone:^ State 06!3); 1 Drapers' Gardens. London, E. C., England, c/o Edwards As Smith. Copyright '1946 by Wflliam B. Dana Company. Reentered
as secorid-class matter February 25, 1942
at the post office at New
Pan-American

_

,

-1945-' L'

CONSOLIDATED BALANCE SHEET, SEPT. 30, 1946
..

•

$343,806?

i

—

—

,

30

■

Earnings.per

v

.

*

■

$3,072,522
614,601

216,392

income;—

——

$2,750,000;

\

A

«

•

.

!

! -:
1,114,863 :

$3,063,539

$1,060,734?

on

:

979,292
$960,078

Xtaxes

;

The "Commercial

for

..

$3,090,70L

$1,939,370

—

develop.--AS^ other-exp.___

profit-

Steel

New

•)

T944:;

3,422,819

to depreciation, amortization and capital charges.—V;

;

profit

!

for

G.

dividend

$2,993,130

3,053,091- "

tower Co., Ltd.

i

(net)--

1/1

;

•

and

payment

.

:

*
1945

$4,044,857

! /CONSOLIDATED-RESULTS FOR 3 MOS. ENDED SEPT.
/-v.!:i.!/.?:!':-■•':
1946

the directors-have*provided-

On

g>.

1945«
$3,100,474^

a

Dec.

rrt:

••■':.V,!■

earnings—:

y*Subject

income

19*46

have been

Sept. 30—

i.;

,

After? deducting $11,263,042 for manufacturing cost of products
sold,

-dividend from ordinary income of the corporation-.- This ordinary
dividend- will be paid in cash'-on- Dec. 24- to- stockholders: of record-*

1946—Month—1945
;
1946.—9 Mos.—1945 ' '
«£fros» earns. 'from--6per. <* $7,173,121 ( $5,567,137 $56,432,818. $47,800;263
Operating
expenses
.
4,151,830
2,937,176 .32,166,205 .24i620,574^
»

to

In-addition
fop

70,823

:

;i
r,
■■
(Expressed in U.S. Currency)

^

5'

-

to; declare

therefrom

Brazilian Traction, Bight &

said

taxes an-d income taxes withheld, $115,706; provision for Federal taxes
income (after deducting. U. S* Treasury notes at cost of $787,264)#;.
Nil;?-provision-for • other taxes, $50,557;
provision for old age and.
unemployment ben-efits*-taxes, $114,275; provision for casting returns#
$96,948i;- unclaimed wages
and unadjusted
credits, $53,491;
capital
stock (348,000- shares of no par value),
$4,050,220; earned surplus,,
$5,560,653; cost of 3,075 shares of capital stock of company reacquired

it

$420,777

—

its

Fran-*

for

per -.share..

164, p. 2007.

4

r.

by the directors, the corporation: ;;
distribution out of realized capital gains,
ta stockholders of record- Dec. 5, 1946; This C
dividend wilt be payable-in stock of the corporation; or; at the electa '
tion of.the-stockholder,-in cash.
The actual amount will be declared;-!,

-

3,513,985r

service-

Period End

-

-

a>»loss_ of 34*cents in*-1945i—-V. 164f p.- 552-1'
^

$866,090'

76.900

1946

Total- receipts

Deficit

'

r/;

«

$1,'242",977 'after' provision for Federal; taxes on- income,
compared -to ,a loss ol-$301,089. in the third quarter of 1945. This^ j.
preferred dividends to $1.29 per; common-; share,!

In

•Cost? of

San

Dec. 5,- 1946.
On the basis of shares not outstanding and profits!- ;:
realized"to date;this, distribution■ would amount! to approximately $1.38
?

$0.07

Boston Elevated t Ryw-Earmngs~-r

for

agent
of

agent

Co.)

*$1,769,123

!!l///.:-!

equivalent' after

per

1

*

",V

Earnings1^-

on

22,634

,

transfer

1946-

•

.

,

Pursuant

i
* After, deducting, all charges, Including depletion, depreciation, cost
«of abandoned wells and leaseholds, and estimated Federal income taxes.,

«

on,,

payable? Dec. 5 24;

1946^—9 MOS.—1945'

'

,$284,934;'

,

Engineering

-•

.

from net sale& of $13,032,1651)

.

s-6s'S-

$290,lllV
—.:

p;

'

Broad?-Streettlnvfisting Gorp;-^Speciar.Dividenjd'to Be:
Payable in Stock or Cash^—
^ Rqpneth Hf ? Qhalmjers;Secretary, on ^ov. 22i: ih': ai noticed ta?: thet
stockholders", skid in part::
?

$113,311;

1946—3 Mos.—1945

«C3rosSi oncome

sole

;•..

of products—

sale

paid' U-~Earnings-per common share-.

amounting tb

intends

fNet profit

the

Dividends

—1—, $1^10«017'-„ . $671,474^
per; sh^.on 942,990,.cpnampp, gharess.«
$1.73, ;;
$0<63,
Compa'ny reports for the third quarter ended Sept. 30, 1946; profits ;

■

283,000

Estate, Inc.—Transfer Agent—

has discontinued acting1 as transfer
$l), 'and Crocker First National Bank

Net' profit: fbh petiod^——$567,242'*

1

:

Net. earnings

1945..;

$339,590

$6,871,090;

;

i.

£—J

1932,

;

Prov., for. depreciation^-;-^---.——
Interest
expense

final maturity $2,300,006">

Earnings

150,000'

—■—n

Bishop Oil Co;—Earnings—

—i-V." 164;

.$35,563,286: $28,532,7184

before. Federal taxes

Federal taxes

inn ooo'

*$56,590.

-PeriodEndJSepL 30^'

per

^

1956-1965;

Nine Monthe Ended Sept. 30r«~ ->

>

»Peficit—V. 163* & 3414j

3Earns.

V

2007.'

164, p.

250,000

to

Net income

>

T—L

Bridgeport, Brassy

Co.—Earnings

Estimated Federal tax recoveries

,

263,953

6,622,076^

1,. 1966.
tAfter reserves .of $448,397; in. 1946 and; $358,293 in
1945;
JAftet reseryes oft$22,879,742.111,1946 and $22,292,633 in. 1945.—

as

30^ ' "
giving consideration

since

surplus

822.

profit"

'.-Total

*$SffOtOOO at.2% ; maturing $180,000 ahnually 1951-1955; $4(100,000 at

is

Months* EndedSept:

estimated

Interest

July

500,000

Co..

164, p.

Profit-

250,000

6,562,596.

———.

—

v

i

250,000'
263,953

———

2.8^ maturing' $180;000.'annuairy

2683.

Blrdsttoro Steel' FOimidiryf &
-6

salaries,

-

Prov.

500,000'
;

Co.

fr.

gross

189,834,

1,000,000

;

Co;-—

profit

7

500,000;

Co.L—_

Ac

Wood

26,681 shares), $2,668,100; com¬
(issued
450.000
shares), $4,500,000;

earned

15,430,450

a#*againstf

Operating

rehabilita-

Capital surplus

700,000

—-—

—V. 164, p.

Wisconsin

250,000r:
700,000

COv.'.'m—.£•£—W-

Kidder,. Peabody Ac Co.

(par

issued

value

Admin, and selling exp.v incl. admin.

---T-

■2,640,300

Earned surplus-

350,000

'

deposits

NOTE—-For

v

Total

15,430,450

1,200,000,

—

and

par

$4,038,799;

Cannon

"

Stubbs-

:

without?

Other operating income

($100 par value)———Li.
stk. (outstanding 308,609 shs. no par val..)^

Anthony & Co.7. ,-250,000

White, Weld & Co
Whiting;. Weeks Ac.

150,000

and

*5,000,060: V/

Cap. surplus applied against stock held in treas.

•

Inc:—

customers'

on
income; $723,840; reserve for postwar ad¬
contingencies,- - $750,000;1- $5
preferred
stock, 1

•

123,785

;

350,000

>

taxe^

.946,086

196,903

Com.

100,000

Co-_

$1,157,667;

on

9-Mos. Ended Sept. 30—

1,000,000

200,000
250,000,

Co.—

500,000 ' .' Union Securities CorpG. H". Walker Ac Co—!
250,000.

Balman Acv Co.,

v

.

'

—^

post-war^ expenses

.100,000-

Co. '1

Bros." AC'Boyce—
Brothers Ac

l

Gross

properties.————

200,0b0
100,0001'

Co.—

refund

X. Campbell, Wy-ant & Cannon Foundry Co.—Earnings—
X (Excluding. Ordnance Steel Foundry Co. and Campbell, Wyant As' t '

6%: preferred stock

-100,000

Co.—

Ac

Spencer Trask Ac

700,000

Jfanney; Ac Co.——.—Johnston, Lemon As Co.
iKebbon,

Ac

StaatS'

—-

for

405,165

$1,066,234'

1,417,835
801,251

notes. payable."—

for

of

tion

;

> '
."r
Corp700t,00fl
Stroud Ac Co.,; Inc—350,000
Swiss American 'Corp— "' 200,000

1,200,000
100,000*

W. E. Hiitton Ac Co—Illinois'

R.

!

.

.

ReservesJfor: inventories.———

600,000-

^-

curities

350,000
'

Reserves

&

Stone :A? Webster,. Se-

300,000

Bemphill,. Noyes Ac. Co,
Benry Herrman Ac Cc—
Ac

Stern

:t 200,000 *

Bttwley, Shepard Ac Co.
Bayderc, Miller Ac Co—
SHayden/ Stone Ac Co._

The

Stein

350,000;

Bornblower

Moore

Starkweather

■:r (inc.)'

Long term

100,090-

'150,000.

'..William
!

J.

Scrantoh

taxes.

claims

—

Employees' taxes withheld

200.000

Ac*4Do——

and state

$2,279,149;

1,478?

5481781-

_

Federal

cost,
losses

finished

possible

'

for

inventories of

order.

$2,000,000

Reserves

at
for

reserves

mechanical reasons it is not always
to arrange
companies in exact alphabetical
However, they are always' as near alphabetical
position as possible... rt-'w:■

;

650,000

LIABILITIES'—

200,000

Scribner

,

2,000,000

v

'

1946

securities,"

(after

accrued

Caiif., has been appointed as
Stock.—V.. 155, p. 595.,
.V'.,:'-"

'546,285

payable arid accrued expenses——,—..

payable,

cisco,

$35,563,288 $28,532;718

Notes.payable..(commercial' paper)——

1944,

taxes

(authorized

corporation

11,92$

'

Government

in
in¬

costs

credit

dividend

surplus,

6,802,440
.

"24,201

Accounts

stock,

12,694,117i

710,000

:

——j.—J

.

S.

receivable

$670,671),, $4,981,056;

Accounts

—

Federal

This

.

Singerr Deane Ac

500,000

Ripley- Ac

t! COA
Inc
Carris, .Hafl & Co.

(fptal
'

Dr

of

1,570,000'
3,591,019?

6,508r791

rt

March,

BALANCE-SHEET, SEPT. 30,

balances,,.$1,042,544;

capital stock

taxes——"J--"

profits

excess

on

Advance payments on royalties

200,0'OQ

:

Stringfellowcu.

W;

-

—.

in

$1.32

tlnciuding. $82,452

reimbursement

terminated

regulations),

Federal

Calamba Sugar

<

100,000
-

M.' Simon Ac Co*—'

I.

•

100,000

Cor—•

FJallgartep Ac Co.-

v

—*

COi-

Shields

—

Scott

Ac

Chas.

•

200,000

Oranbery, Marache Ac
i Lord;
'—-

Ctrubbs,

500;00<J

Scott

100,000

.

u-—:

of

accounts-

representing

accounts

total,^$22,433,517.—r-V.

per

--

1;510,000

doubtful

$j59,544;

profits

value

capital,

*$159,405;

3,579-,430
18,132,530

Dther- non-current-investments and receivables.
rnsilrance unexpired and expenses deferred—;—

;

-Inc,

Pomeroy, pic.—L—
Schw'abacher Ac Co-.___

MacGregor,

V Inc^ ---a——i.—

•

T

—350,000>
Schoellkopf; Huttoiiil Ac"
; $

700,000 /'

Forgan, Ac Co—

CloverN Ac

Ipy^ntories;

100,000

—

Sons

securities—

tPlant and equipment-——
——.
tFederal taxep oi^ lnoomq xefundablec.*-——,

Hutzler

-

Government

for

salaries, wages, and commis¬
preferred
stock, payable Oct. 1,
1946*
accrued State, local and miscellaneous Federal
taxes, $318,191;

par

mon

-

—

"250,000

I*. P.- Rothschild-Act Cd< "

•

S".

$1.95

contracts

war

and

$330,155;

aecrued

no

:

tAccounts and notes receivable-.

credit

$33,351;

SHEET

f

100,054
333,691

$0.76

1944

justments- A.ndr-other-

;

.

years'

excess

sions,

nine cents per common

or

BALANCE

$686,581

100,054
334,316

...

r

cents

$072,016

100,054

334,541

$1.73.,

present-exchange

prior

and

*$159,405

53

ia

interest

LIABILITIES

202,911

.

Sep, 28, '46' Sep. 29; '45
J—w—• $4,003,270
$2,806,569

Post-war credit

Co;

Rollins ; Ac

1 Salomon Bros. Ak^

"

——-

;r, 150,000
7

Moreland

2,000,000

Cleveland.

—

H.

U.

to

*

1945.

"

Cash'

100,000

*

Ac. Co

Rotan, MosleK-andk--'

1

100,000
'

The First Boston

Ac Gandner—

,

on

©437,868

100,054
377,500

on
Income
(resulting principally from
carry-back), $467,778; prepaid expenses
and deferred charges,
$545,168; property, plant and equipment (after
reserves, for depreciation of $1,998,885), $4,337,764;
patents, goodwill,
fete., $1; total, $22,433,517.
'■
Sj

1,113,561

$378,202

dividends

This compares with $65,285

ASSETS—

250,030

$204,249"

preferred

COMPARATIVE

-200,000

—-

"

7

200;000

i,... ...3..ww. —:

Pauset, Steele Ac

Co—

Humphrey
E.

of

'■: w4****——*"" v' —*'"t11>i»i

'

—1

tEquivalent-

share.

common;

j

The Robinson-

300,000

JEstabrook Ac Co

Ac

under

■■■.III.

I,..

648,000

b0/

,

process, raw materials and supplies,, at the lower of
approximate cost or, market, $6,768,057; net current assets in
Canada.
Mexico, and; Argentina ($1,190,109 restricted as to withdrawal

' $15,879"

$765,575
,183,450-

585.000

*276,000

^

Brazil,

$1,129,440

1,150,935

■

'!■£

i—

share for third quarter

.wood:—-—100,000
Pressprich As Co.

$1,916,510

""

275,000.

2,541,20S
$1,073,455

stocks, work in

Li.
$312,088 ; ; $582,125 ; ? ?$187,03a
12,181: t'"
1,077,; :
27,627;

r ...r"-"

expense" (net)—^

income

150,000

W;

1

?.

Art''"

Net

-

>

Putnam

'

-4

v

*»%•'

Aa Curtis—600,009

Ac

$1,651,593'
1,147,913'

$1,334,581

540,000

reserve

notes

unearned

unused

Total profit
i—„$324,249" " $583,202
Prov. for Fed: normal tax, Ac surtax"
120^000 ~"
205,000

100,000

Northwest

R.

$1.89

r

150:000
200,000

i"

Jaffray

'

+

.

Operating .profit

:

'

Phelps» Fenh A& --Co<,-.—

i

and

$8,368,839" $9,593,710: $3,715,78$
: 6,.7.17,246^ 7'7,677,200
:5,586,348

profit, 5efoird dlbpfeciatlohlf
'expenses-,^-

Gross

in

1943

$2,095,000;

'.313.609

!

;;•{% $1-55

261,126

$1,281,016

CONSOLIDATED

Jun. 29,'46, Mar. 30,'4ft

Operating profit, before deprlc,—- $503,680" '
Depreciation' L——"
1—
191,612'.

100,000

Co._

100,000

'

;

Cook Ac

700,000,..

$0.98

Sep. 28,'46

sale^ excluding depreciation;,

'

Eastman; Dillon Ac. Co.
JElkins, Morris As Co.—
JElworthy Ac" Co
JSmanuel, Deetjen Ac Co.
Bquitable Securities, >
f Corp,'

'

share—

common

per

'

t435,452.

$712,868

share..

com.

ASSETS—Cash,

$6,488,062

308.609S

f227,760

$1,419,907

inc. 'Ixs!

$237,642

in-

118,814
470,414

'i 308,60S'

-

Sellingr Ac geh; a'dminis,

;

Paine; Webber, Jackson-

300,000.

commonc.-^--^. "

curred

$7,077,289

118,814

$845,564

dividends.

per

1943-

2,643,562*

.^

"Reduction

;

200,000

Son -

Pacific-

150,000

Dominick

Ac

Newborn's-

Thei Ohio*

2,000,000

of

:

100,000.

Ac Co. Inc.

6,364,171

$8,562,596 7 $o,622,076

period-

Cost or

200,000

'

100,000.

Co.-,.

3.' L., Day. Ae-! Co—
Dick Ac Merle-Smith—
Bominick

;

100,000

House Ac Co,—

&

of

.

"."250,OO0

H;

Earns,

$713,118

462,913. ;462,91*4-

QuaTters Ended— V r *
Net'sdles," after cash Ac Other difscs.J-

2,000,000
600;000

Co.

:

$597,567

1944

$485,108

—

6,606,236

■

" V;

•

Stanley Ac Co.
F. S. Moseley Ac Co.—"
Mullaney; Ross Ac Co.Maynard H'. Murclb &

£/ W.

r

620,000

Subs.)—Earnings
.

2,955;311

;

opers.—J

Fed.

(&

1945

4,097,618

; Net profit for period.
Preferred' dividends

$1,333; 118

410,000

^118,814

200,000

;

Clark, Dodge Ac Co
Burr,

$1,007,567

6,721,277

—

end

made

$1,125,186
224,721,.

exp.-_

income

Prov." for

Pierce,

Moi-gan

Central Republic Co.' ■

•

Number. oP shares

Beane—;tV; 700,000
Co.rr *",".200,000

Ac

Moore, Leonard <Sr

250,000

of: year-

150,000

Lynch-

Co., inc.*————iii

surplus,

also

were

$14,917,532 $10,734,157 $11,561,578 $11,942,358
5.292,804-.
3,440,419
3,489,126
3,614,661

sa.cs__

& adm;

Co.

.1946

^pecial credit

44,235

325,000

-V--!.—LL___

•,

^ 350,000

,

Co:—:.'

Lynch,

Penner

H.. M. Byllesby and;

Ac

As

The- Milwaukee 'Co—-

begin;

dividends

irEarned

Mtrrill, Turben Ac

350,000

Butcher Ac Sherrerd—

Masten

Merri.l'

1,500,000

Inc.

Alex,. Brown

E.

surplus,

on

Profit: from

$748,046

Federal ;,ineome-;tax

profit

Other

$1,288,883'
:::!.:

51,531

Sept. 30—

_—

Sell., gen.

657,720

.

$956,036

40,885/ X

,

.

McDona.d- As' Co.—— "

250,000

Ine

for

sales

!, Profit.

1,887,423

;

643,001;.

§707.161

..

.

~

A.

Billon, Read

1,770,129

577,973-

(net)e.—^

preferred dividends!-

700,000

- -

,

Marks, As.
'"S Cof-U-iiiii—■

150-000'

lnci_i_i_../'

.

thq

25,508,925

$7,144,322;' $7,203,803

Mason-Hagan, Inc.—'' '100,000

Dam

Net

1945. and

__^_-r;yu 250,000
Legg Ac Co.
100,000

700,000

J., M,

24,377,034

-

3,412,407

Total income

Eafn.

>1,000,000

350,000

Curtlss,

9 Mos. End.

-

in¬

of

Brunswick-Balke-Collender

,

which

34%

a

quarter-

500,000

Laurence M.

'

—_

Courts Ac Co

sales.19,98(1,794

income^

Prov.

200,000

>

Co._;

Rhoades-^'v

Loeb,

Co.,

&

Meeds

Aj G, Becker- As Co.- Inc.

•1'

best

Common

Blair As Co.,

F.

year and
■

Sep. 28, '46 Sep. 29, '45 Sep. 30, '44
$24,678;337 $27,752,200 $29,142,952

other disc.

have, agreed

&

Higginson

Carl

200,000';

&i

Langley &

Lazard

-

*

and

respectively,

C.

W.

,

Baker,- Watts- & Co'.J_J
Baker, Weeks &
:

they,

Laird,

| In c. - _———_—_'.}■■( 500,000
■Atw.ill and Co.,,
100,000i
JBacon, Whipple & Co._
2s0,000

"William

$990,000 per week
this

was-the

>

$423,040 X

$3,000,000

„v Harden

'

and

//

femith, Barney & Co._l
A.

&

names

bonds, which

J

as-follows:

are

Kuhn, Loeb

7

after-cash

Operating;; profit

,

-

to

of

share

per

,

Gross

ship. & gen;: As adm. exps;_
Depreciation t and- amortization,,^.

»
J
*
t
($100 parTaX/---—
-i; 93,388,700
(2,984,994- shares, no parw../—_— 283,074,4^0

Common?, stock

V-

of

quarter? of
which

61,755

pid. slock

cum.

at the rate

first

quarter,

Selling,

Sept.

due

the

over

second

9-Months-Ended—

Cost

1,

Co.. (Pa.)

Bethlehem'Steel Corp.1—
t

t

Net sales
i

—•

the

thus-, for,".''^ '"-v;-;..^

year-

%'

6

.—£-1—.

:

increase

over

1045. Cash-payments totaling $1.22
1945.]—-V. 164, p.»2283.
"

durjng

DeCamp

.

sales currently- are

net

90%:

a

crease

$74,900,000

(Pa:.). purchase. money

"Our

■

Is

bonds, series I,

>. >r.-22; 1947:
y

Commenting on. the outlook for the fourth quarter, James
>
! !■■.' .Wise, President,, stated:

X-dXX

1946

Dec.- 6,

.

'••/ rtrtX.-:/:!v*rt.. !:-

Aug. 1, 1998-——'

Subsidiaries Consolidated-1I

OF

V;

,

t5| 1970_._—

Bethlehem

,

Bigelow-Sanford Carpet Co.,- In<v—Earnings—-

■

.

!i

-'v"-'

rConsoi. mtge...'25-year sinking fund 2%%

-j

and

.

CAPITALIZATION

•

75.1 %.

i:

••

ethlehem Steel Corp.-7I

corporation,

/X//-

2827

/

THE COMMERCIAL & FINANCIAL CHRONICLE

2828

•rl

of

stock

preferred

Dec.

$1,706,313

Operating

expenses.—~

778,081

680,717

7,552,799'

taxes—1—^—

173,609

87V2

said

166,281

297,460
158,458

declared

also

the

regular

quarterly

dividends

•

Co.—Earnings—

of

30-^.V ? '1946-^3 Mos .^1945 '

Period End. Sept.

retirement reappropriation—;

1946—12 Mos.—1945 '

serve;

Net

125,000

revenues-

$463,342

oper.

(net)— '■<■00 3,974

$467,316

$326,709

161,783

147,796

income--—

Gross

Int.,

charges——

etc.,

1,500,000

$5,351,156

$322,519
4,190

•

income

Other

1,500,000

$4,019,403

125,000

•V-'

.

■

Net

of

■

780,440

the period

■

1,000,807

Net

■

.

„

income.

V."'-

Net profit

Eatfhlr.gs

•1946

30—
.-i

*$336,241
,

•

.

,$0.71

,

$0.84

,

and

taxes

'

.,

Normal

i-v

'

-

I

V

ll!

f

t

-c

J

1

/

s,

J

Electric

Illinois

Central

* (

f"

* '

T

ry.

*

><.♦

company

cumul.

'

t

1st mtge..bonds,
4.10 %

as

GIVING

-

construction

a

fund

'

<

stock

($15

*

A

of 4.10%

PRQGRAM

to be used for

estimates

indicate

Rockford

estimates

will

be

pated

a

will

be

that

the

of

installation

required in

the

engineering

Net

additional

required in the Lincoln

electric

additions
that

of

such

the

in

area

extensions

the

to

construction

new

$1,20^,000

available
which

units

of

proceeds

from

now

completely,

the

i

of

the

near

studies

future.

to

The

,

amortization

future.

near

The

Period End. Sept. 30—

Oper.

the

construction

new

and

the

common

new

program

will

program

164,

p.

normal

stock

is

con¬

will

carried

be

and

taxes.

to

■

1

(net)

$991,511

6,301

12,709

/

the

of

the

out

fact

issued

the

advantage

that,

he

as

to

is

connection"

in

Moreover,'- progress

elimination

business.

of

the

approxi¬

"

;

.

;

V--^'

preferred

advised

with

by

the

1

stockholders

counsel

for

recapitalization

in

public

eorporate

in

than

more

125

the

Notwithstanding

holdings

important

the

plan

the

utilities,

simplification

subsidiaries

divestment

in

of

earnings

net

all

has

-

branches

certain
are

prior

expected
.

Plans for the coming year

include the construction of a new modem
refinery at Chicago, the building of a second major extension,of 40O
miles to the Hugoton Natural Gas Field in Kansas, numerous improve¬
ments in service stations and other marketing facilities, the introduc¬
tion of a line of household products of petroleum and its derivatives,
marked

very

both

of research
lank ships for

expansion

type

latest

the

reserves

1,168,171

of

here

and

activities, further acquisitions
its fleet, additions to its oil

other

and

abroad,

links

new

in

its

chain

of

production, marketing and transportation facilities for oil and natural
gas.—V. 164, p. 1327.

I

Clark Equipment Co.—Earnings—
(Including Clark-Celfor Tool Corp.)

Misc.

Total inqome
Admin. & selling exps.■

Spec

243,746

194,403

$2,602,539

$7,852,892 $12,587,907

$9,404,88?
1,235,193

190,016

1,654,036

248,337

5^260

450,489

88,644

106,308

.

29,000

340,834
§3.925,000

$47,889

$1,145,827

309,910

—

$9,210,484

1,327,488
241,751

450,214

<

"

paid.w-v—
Depreciation
....

.

265,114
446,48?
62,429

.

436,296
t5,316,721

421,126
18,261,000

67,223

$1,779,744
67,223

534,636

534,636

534,636

534,636

def. $553,970

Net profit

$543,968
237,616

$1,177,886
:•
237,616

$1,040,782

237,616

Nil

$4.54

$7.21

$6.62t

—

dividends

Preferred

dividends

Common

$7,662,876 $12,344,161

1,914,433
296,047

war facil.

Interest

Federal taxes

1943

y

allowed

.amort.,of

y

1944

$2,482,019
120,520

—

income

Discounts

1945

1946

9 Mos. Endi Sept. 30-Gross profit

..

.

.1946

1945

:

$707,059
230,609
125,740

railway—

•

income

2405.

i

67,223-

—

«

$1,642,641
67,223

1

41,048

$553,782
172,770
00,156

73,981

$520,475
215,525
84,651

5,582,111
1,776,281
777,099

\

v

5,886,001

5,270,338

2,328,669

2,210,482
829,519

813,994.

v-

Lr

_

<

'

%

j•

i

stk.

com.

Earns,

per

(no par)

com.

share.

.

237,616

tlncludes Federal excess profits tax Rafter postwar credit of $532,*
000), $4,780,000; also, additional amount due U. S. Government for
renegotiation of 1942 war contract prices in amount of $104,722. y
"tlncludes excess profits tax (after postwar excess profits tax refund
crwlit of $545,000) and renegotiation of war contracts.
;
§ Includes excess profits; taxes and renegotiation of war contracts,/

y

'

CONSOLIDATED BALANCE SHEET,

:

'

"j *

-j

i'

s,

SEPT. 30, 1946"

'

;

'

'

share, the same
quarterly dividends

./P

Shs.

-

per share has

:

:

'

!

■

been declared on the
A sim¬
1946

in

in 1945. The common stock received
of 20 cents per share.—V. 162, p. 2638.
as

' \y

K

'

\

0 -

'> '"V'

i V

and

outstanding debt.

provides for the exchange of the company's outstanding
preferred stocks for new 3% sinking fund debentures in an amount
equal to the stated value of the preferred stocks plus accrued and
unpaid dividends to Dec. 31, 1946.
Thus, the holders of the preferred
stocks will receive ,the following amounts of debentures: For every
share of
preferred stock
(including all arrears), $184.50; for every
Share of BB stock (including all arrears), $187.50; for every, share of.
B;;Stock (including all arrears), $18.75. '
v The
plan further provides for the Immediate' retirement of the J
remaining $40,573,100 outstanding 5% debentures due 1950; the later
retirement of the remaining $59,910,200 outstanding 5%
debentures
through the application of part of the proceeds to be received by
Cities Service Co. from the dispesition of its interest in The Ohio
Public Service Co., The Toledo Edison Co. and Federal Light & Traction
Co., and the application of the balance of such proceeds to the retire¬
plan

ment of
The

fund

debentures

Jan.

which

annually.
>

debentures to be

new

new

1,

will

issued under the plan.
interest from Jan. 1,

bear

1947,

will

Until

the

retirement of the $59,910,200 of 5 %

subordinate thereto.
plart'will'only become effective after 60%

"debentures,

the new debentures will be

The

and will

They will be entitled to the benefit of a sinking
effect the retirement of $1,500,000 of the debentures

1997.

r

of the outstanding

theii1 holdings
Wide'di'sttibution of the preferred stocks,
Cities Service Co. proposes; [Id' 'employ
investment doalers, banks, brokers and other agents irt thd' sdHcitation
of exchanges.
When 60% of the preferred stockholders have agreed
to exchange, their.: foldings pursuant to the plan, Cities Service Co.

preferred stockholders of the company agree to exchange
for debentures; jpulrsudnt to the plan.
On account of the

"$2,692,786; accounts

receiv¬
(net),
$3,651,895; Inventories, $9,077,781; investment (net)
Buchanan Land Co. (100% owned), $7,280; land, buildings, machinery,
etc. (after reserve for depreciation and special amortization of $10,733,293), $4,566,490; prepaid insurance and taxes, $35,125; deferred
charges, 85,471; total, $20,116,828.
ASSETS—Cash in banks and

hand,

on

able

LIABILITIES—Current
accounts payable and payroll, $2,574,063?
accrued taxes, etc., $421,750; notes payable to banks, $1,000,000; reserv®
Federal taxes on income,
$1,456,885; deferred income, $242,207j

for

for postwar adjustments and other
contingencies, $1,000,000;
preferred stock (par $100), $1,902,700; common stock (issued.
shares of no par value),
$4,996,760; capital surplus (no
change since Dec. 21,
1945), $417,115; earned surplus, $6,401,17?;
capital Atock ' purchased for and held in ; treasury •; (1,101 /shares At
preferred stock and 12,222 shares of common stock) JDr$295,b?5;
total, $20,116,828.-^. 164, p. 1716.
reserve

.5%

249,838

Dividend—

Cleveland Graphite Bronze Co.—$1.50

year-end dividend of $1.50 per
stock, payable Dec. 11 to holders of record
Nov. 30.
Distributions of 50 cents each were made on this issue on
March 12, June 11 and Sept. 12, last, and
in each quarter during
1945.
A total of $2 per share was paid in each of the war. years.
While in 1939 $2.50 per share was paid. - ■
/
' The usual quarterly dividend of $1.25 per
share on the 5% pre¬
ferred stock was also declared,/ payable/Dec. 11 to holders of record
The directors on Nov. 20 declared a

share

the

on

common

,

Nov.

4

30.'

1

Partial Redemptionit
885

announced that there will be redeemed on Dec. 30, next,
of 5% cumulative preferred stock, par $100
at 105 and.
amounting to $1.25 per share.—V. 164, p. 2541.

is

shares

dividends

,

Climax Industries,

Inc.—Registration Statement With¬

drawn—:^
covering

shares of common

and 250,000
p. 1205.,. /

~

:

(No. 6696) filed with the SEC Aug. 2S
of 5% convertible preferred (par $25)

registration statement
150,000 shares

The
and

(par $1) has been withdrawn.—V.: 164,

:-y

'

y:)

y •- ■"■: ■

•/

,

..

/ ■' ■

Development Co., Ltd.—Corrected Earnings—

Colon

■

Securities and Exchange Commission to institute pro¬

^
The plan includes a balance sheet of Cities Service Co. as at Oct.
31, 1946, and a corporate Income statement for the 12 months ended
on that date, both actual and pro forma, giving effect to consummation
of
the plan
and also to the disposition of utility interests above
ceedings to carry the plan into effect.

$4,165,938

Surplus
1943

1944

$575,712
" ,134,180

5,121,123
1,238,490
640,454

per

will request the

1946—12 Mos.—1945

$5,303,258
36,440

$1

mature

out

$4,769,493 $19,618,487 $19,139,823
3,777,983
14,315,229
14,973,886

$1,396,415
Other income

be
.

.

,

be

available

2283.

1946—3 Mos.—1945

$4,955,588
3,559,173

revenues

exps.

652,190

.

stock,, payable Dec; 13 to holders of record Dec, 3.
distribution was made on Dec. 14, last year.
current
declaration brings the total dividends paid

The

antici¬

Central Illinois Public Service Co.- -Earnings—
Operating

34,456

its presently

will also require other

program

contemplated

items.—V.

*585*601

announced that the company had Nov. 21
for the retirement of all of its
outstanding
preferred stocks with arrears thereon
through the issuance of debentures, and the payment of

its

undistributed earnings and cash accumulated
through non-cash charges against earnings, such as retirement reserve
and

income

filed with the SEC a plan

the

the sale of additional bonds under the mortgage, the sale of
(including the possible sale of additional common
or bank loans.
It is estimated that the balance of the cash

accruals

the

of.' ;

-

included

;

President,

com¬

determine

securities

the

pointed

from

2,047,403

— Files Plan to
Retire Preferred
Dividend Arrearages Through Debenture
Issue—To Retire Outstanding Debt —• W. Alton Jones,

it

necessary to complete
the company through

1,588,645

/

Cities Service Co.

40,000

through
stock)

920,198

.

Stocks

is presently estimated that approximately $4,000,000 of
additional funds will be needed by the company which will be
provided
other

would

coverage

requirements,"

comply with the Holding Company Act."

Jones

7,685,321

..

extra

The

to

contemplated extensions and additions to the properties of the
company.
At Aug. 31, 1946, the company had approximately $700,000*;
of cash and government securities in its
treasury available for such"'
if

7,371,420

oper.

regular

the construction requirements of the
company, part of
be used jn connection with the completion of the two new
being installed and the balance $111 be available for the

However,

interest

109,008

6,878,932

-

An extra dividend of 20 cents

other

program.

38,687

6,687,928
386,060

.

1943

;

Chilton Cov^-Extra Dividend of 20 Cents-—

ilar

for

may

*42,968

.

>;

common

capital expenditure in the next
three years of approximately $9,000,000, in addition to the estimated
$1,300,000 which remains to be expended in connection with the two
units now being Installed,
The

*89439.

income-i.-

"

'?:■

;

will involve

company

206,598

oper.

ry.

.

properties, including its
transmission and distribution systems.
It is presently

and gas

estimated
struction

and

$820,931

133,126

railway

—V". 164, p.

generating capacity.
Such
electric generating capacity

growth' in the business of the company

substantial

$728,276

.

.

.FroinJami^Ki;:w;F:':^^

AND

in

to

disposed

% of

51,885

-

■

Gross from railway
Net from railway

series B.

such additional

of

Ry.—Earnings—
$635,367

■'

Net ry. oper, income

continued .growth of the business of. the
further increase in generating capacity in

engaged

indicate

also

$577,469

1944

■

from, railway.

Net

cumulative preferred

result

a

consolidated

Since- the passage of the Public Utility Holding Company Act in
1935, the company has disposed of all interest in various subsidiaries,
including Public Service Co. of Colorado; The Empire District Electric
Co., St, Joseph Light & Power Co., East Tennessee Light & Poorer Co.,
Springfield Gas & Electric Co. and The Tucson Gas & Electric Cot.
and various
others, leaving essentially only the Ohio Public Service
Co.j The Toledo Ediscn Co. and Federal Light &,Traction Cp; to be

Chicago & Illinois Midland Ry.—Earnings-

the

that

$6,02,528

1945

■

October—

(capacity in the Rockford plant.

and location

type

size,

as

of

division

presently

is

pany

costs

of additional

company
the

fuel

and

Present

$65,408

1946
$692,811
9,093

Gross from

.

kilowatts

estimated

in. 1946 to be .the largest in the history of the company,

„

ADDITIONAL FINANCING—The
company is presently engaged in increasing the capacity of the Rockford electric plant through the installation of two new modern 20,000
kw. turbo-generator units together with new boiler's and accessories,
as well
as the general
modernization of .such station.
It is expected
that the total cost of this installation will be approximately $5,100,000.
As of Aug. 31, 1946, expenditures for this work have totaled approxi¬
mately $3,800,000. The balance of the cost will be expended during
completion of the installation, which is presently expected to be In
the early months of 1947.
When the additional 40,000 kilowatts of
generating, capacity is installed in the Rockford plant, it is expected
that such plant will then have a capacity adequate to meet the
present needs of the company in that territory and the company's
present arrangement for purchase of energy in the Rockford area will
be terminated.
The company expects to effect savings in purchased
power

157,102

64,900

the, charter eliminating all reference to, an
authorization for A: 6% .pripf preference stock.
»
• •
;
■' ,
Repeal of the present b'v-iaws and adoption of complete new by-laws.
An incentive plan under
which officers and key employees of the
company may be granted options to purchase an aggregate of 50,000
common shares.—V, 164, *p.; 2405. "
*
" 4 - •
/ - V

OFFERmG

cumulative preferred stock,

10,000 shares of 4.10%

CONSTRUCTION

13,092

$735,391
157,922

:

..

aggregate principal amount,
stock, series A,

without limit as to

30,000 shares

$759,630

14,000

■

amendment. to

An

bonds, of the 3% series- due 1975 or of other1 series,
may<be issued, subject to the restrictions contained in the indenture
tlncludes

■'

The corporation announced that the three proposals submitted'by
the management to a special meeting of common stockholders were
approved on Nov. 18 by far more than the required number of shares.
The three proposals were:
< <
^ ; ;

Authorised. <: Outstanding
: •Unlimited $14,000,000
'
40,000 shs.
t40,009shs.
550,000 shs.
480,000 shs.

par)_„____——

securing said bonds,

$78,500

13,092

■■■[

_

Additional

and

effect to the consummation of the plan would
interest
requirements at least as

consolidated

; /

par)

($100

THIS

TO

EFFECT

series due 1975—

3%

pfd.

stock

Common

$44,390

tax,—

———i,

j
J|
|
Certain-teed Product" Corp.—Proposals Approved—

I

and contemplated construction program of the .company.

CAPITALIZATION
a

330,200
77,500

29,000

.*Deficit.~~V, 164, p. 2283^

of the stock purchase warrants.
\ ^
.
PURPOSE—Entire proceeds, estimated at not less than $1,200,000,
the

394,850

-

.

.

railway
railway-——,:

from

Net

cise

by

10,184

943

2013.

oper.

Net ry.

.

.

37,454

8,823

733

from

Gross

No

the present

52,554

:

20,000

From Jan. 1—

arrangements have been made by the company for any underWriting of the shares which are not subscribed for through the exer¬

■

237,353

4,289

.4,392

railway

from

Net

held

$1,428,082

203,047

require

from

Gross

,

be

$1,483,804

,

a

Subscriptions are payable either at City National Bank & Trust Co.;
; 208 ;Soutb LaSalle Street,; Chicago, or Guaranty Trust Co., 140 Broad¬
way; New York.
■
§l§|
l I."
:

will

$144,090
17,358

$31,298

divid.

October—

•

"

■

3,115

:

Central Vermont
!

Co.—Stockholders'

Gas

&

'l

i

to the" holders of its common stock iof
record Nov. 20 the right to subscribe for 80,000 shares of common
stock at $15 per share in the ratio of one new share for each five
■shares held.
The rights to subscribe are evidenced by transferable
stock purchase
warrants,- "The stock purchase warrants will •• expire
at 3 p.m. CST,,Deo. 12,
.'
r
~
(
~

,

J3r2,288

.

16,199

Balance

offering

is

103

$1,429,829
Drl.747

$85,714

ri,

.

income

-V. 164, p.

assistant

Bights—
company

$1,480,689

;

profits
-

W

Net
The

•;

they have reduced the amount of funded debt, notes payable and pre¬
ferred stocks outstanding in the hands of the public by $220,000,000. '

.3,095,89$

,

,

1

>

V

Pfd.

164, p. 2683.

to the Treasurer.—V.

$4,525,725

3,44f,985.

$146,378

surtax

&

Excess

Net

• v
price came to the company as

director.

1 of this year Mr.

new'

the

The company is now in the strongest financial position in its history;
It and its subsidiaries have expended for construction and acquisitions
in excess of
$450,000,000 since 1930, while during the same period

•

.

succeeding Robert L.
office continuously since 1919,
Mr. Scott continues as Vice"

.

$4,921,774

253,964

,

$85,611

——

Prov, for Fed. inc.taxes

Price has been elected Treasurer,

Scott, resigned.
Mr. Scott had held that
the company was incorporated.
a

351,313g

prenju <j& expense-net;
Other rdeducs..

Co.—-New Treasurer^

the year

On June

of

Cities

ox

of

states:

$400,342

$436,924
.

income

Gross

>,)'•• '■

President and

of

the

statement

A

—

$150,000 for Preserve for postwar

'

$2,206,759.

$2,870,335

Corp.—Earnings—
1946-—Month—1945 *
1946—12 Mos.—1945

ex^enses—--

•

^ adjustment of inventor^ ancl other contingencies.—V. 163, p. 3280,-.
Carson Pirie Scott &

retirement

-aeDC

undev t.he present Internal Revenue laws the exchange ol
stock for debentures under the plan will not give rise to a
taxable gain or loss to the preferred stockholders making the exchange.

■; ■ i-.

Amortis^, o£ debt disc.,,

$ After

provision' for

the

to

funded

$25,000,000

company,

■

revenues

Interest;

of postwar

provision for taxes and $300,000 for thA reserve
adjustment of inventories and other contingencies.
. . t,
*

*

$662,635

$828,261

operating Income
Non-oper. inc. (net)—

$37,700..

Frederick J.

1,159,496

Net

'

§ After

1,098,420

Period End. Oct. 31—

§$255,960 , .J$303,374
-.a*/''

$0.93

—

•

•

Operating

vy ••After provision of $417,600 for estimated Federal and State taxes.
tAfter provision of $372,400 for estimated Federal inocme taxes.
These earnings
include a net gain from rthe sale of securities of
approximately

264,138

:

;

Operating

,

.

$1.74

\

•

1943

1944
-Not available-

627,103
"'•<

—

'360,000 shares

' 1£»45

1

$5,576,406

-shar<^ on*

per

y} 254,488

debt

resulting

Central Vermont Public Service

Carpenter Steel Co.* -Earnings-*
sales

tions

$3,366,255

'

—V. 162, p. 3189.
0"

3 Mos. End. Sept.

$3,968,755

of

as

3 ^'times, consolidated

9,571

$926,773

disposition

outsianuing
amount

preferred

164, p. 2283.

Net

6,431

.

applicable to pfd. stks. for

Dividends
—V.

......

,3,547

such

Mr. Jones stated: "The management feels
that it is possible to effect a plan for simplifying the capital structure
of the company which will be fair and equitable to all
security holders,
without awaiting the completion of the company's program of
disposi¬

$3,256,685

$1,082,749

income—-——,
and other deducts.

Gross

$305,533

income———.

$3,962,325

of

presently
estimated

announcing the plan,

Mr.

1,763,768

;Int.
Net

In

2,60,635

$923,226

1,264

oper.

an

coverage

funded

mately
"

'

:

$1,081,485

income——
Other income (net)

$4,085,664

$5,429,699
1,887,340

lu

fix-

1,942,000

78,543 Xtirv 66,261

/,

And

inr.nme

Aral

the

of

the 2.3 times coverage of corporate interest requirements.
the contemplated disposition of utility properties and retirement

After

$4,460,169 $16,336,492 $16,330,223
V 2,396,323 / 9,250,465
9,239,994
1,181,700
1,219,909
Fed. inc. ' ' ,J299>377309,620

Taxes, oth. than

"a

./favorable

.

Property

proceeds

of

income statement giving

Operating 'revenues—$4,2.54,339
Operating expenses
.2,383,077.

1,837,575

the

and

Mr, Jones, stated that although no comparable consolidated financial
statements
qf Cities Service Co. and its subsidiaries are presently
available, the management estimates that the pro forma consolidated
show

"

Co.

the income available for the payment of interest on th®
remaining balance of approximately. $83,362,000 of the new debentures
would be $16,018,000, showii g a coverage of the .interest.,
requirements
ft'pt auch -remaining new; debentures of 4.9 -times. ■■

per
share on the 3.50% preferred stock, par $100, and
per share on the 6%
preferred stock, par $100, both payable
1947 to holders of record Dec. 10, 1946.—V. 164, .p. 2688.

Central Power & Eight

of

$59,910,200

.debentures,

cents

$1.50

7,498,560

1,925,131-

application
^ Service

stock,, par

directors

Jan. • 1,

2,662,746'& 3,689,693

taxes—1——_—-

Nov.- 22

on

common

per
The

$1,584,154 $18,991,832 $18,545,231

revenues—/'--

Other

"

h•»* t;

Div.—

with- 15 cents on March 4, 1946. Distributions of 12Va -cents
share were made in each of the four quarters during 1945.
11

I

1946—12 Mos.—1945

K< *

Common

pared

of

Operating
Federal

the

on

Co.—Earnings—

1946—Month—1945

Period End. Oct. 31—

iP -Vh trtfi

-'■•V

r;.

of

Carolina Power & Light

1

•

declared a dividend of 30; cents per share
$10, payable Dec. 31 to holders of record
10.' A similar distribution was made on Sept. v30, last; as com¬
directors

The

this company1 are invited to submit
tenders to Bankers Trust Co»; 16 Wall St., New York, N. Y., up to
Dec. 12,'1946;'for thef'sale of such stock to Manopla Investment &
Trading Corp., which has made available to the bankers $325,000
for the purchase of the preferred stock at the lowest price at which
it is offered.—V. 164,' p. 1865.
' :
'
'V
,.../■
y:i
Holders

i-

; r

Co.—30-Cent

Power

Maine

Central

Sugar Co.—Offer Made for Preferred Stk.

Caribbean

„

/i

■inJ

mentioned.

.

"

pro

forma

fees

——

product. & field

*Drlll.,

expenses

and

Admin,
61/C

Prov.'

gen.

£409,721

900

900

9QO

227,965

217,67®

/ 244,899

:

239,465

exps.,

**'*■'—' *r rr

*>-

£395,48?

£331,970

900

for depreciation.^

18,233

57,951
13,360

£32,765 '

'«•»

1943

1944

1945

1946

£366,165

income

Directors'

Profit

statement shows Income, before Federal
available for the payment of interest on the new deben¬
tures
and
the
$59,910,200 of 5%l debentures presently outstanding,
amounting to $16,808,000, or a coverage of 2.3 times such interest
requirements.
Such statement also shows that after the disposition
of the interest of Cities Service Co/'ih The-^Dhlo Public Service Co.,
The

3 Mos. End. June 30—
Total

£20,294

69,361

,

-/

56,977
25,761
£98,118

v

67,695
15,762

£93,453

income

Income taxes,

$1,402,716
Int.,
Net

—V.

income—

164,

p.

2540.

-

—I
■

$1,004,220

424,700

425,698

$978,015

deductions

etc.,

$578,520

$5,339,698
1,649,110

$3,690,588

$4,206,985
1,747,473
$2,459,513

'




The

.«v;.;

h" 'Hi;

Toledo

Edison

Co.

and

Federal .Light, 3*

Traction

Co.

and the

£26,509

in

1943.

mNOTE—The
giver,

in

the

earnings for the six months ended June 30, 1046 a*
"Chronicle"; of NoV, 11, 1848, are those for the three
31, 1946.—See V. 164. p; 2688.

months ended March

/Volume 164

'

'0'i.'','itfy*v;w7'r^

■

'

T.

J,

Dunnion,

Airlines,

Inc.,

Colonial
"

wbt*,'"

;,;•>

Colonial Airlines, Inc.—New Official—

-'

former

has

Airlines,

curement

for

Dunnion

"1934

when

appointed

and

?

y'
of

Treasurer

Assistant

''M"-1

to

the

X

'

Consolidated Edison Co. of NeW York, Inc.—Output^—

'

;

American

President

The

of

was

American

Airlines

formed

was

to

handle

the

mail

con-

*

tracts

previously held by Aviation Corp.

Airlines

for

11

until

years

his

He remained

association

with

the

Co.-

'**.>■(■■/■"'/
xv/;:.f//...x
■%'j Listing of Additional Stock—
It

announced

was

authorized

.capital

stock

ment.—V.

Nov^

on

the

listing

issuable

that

20

American
L.

V
the

'

'fie Continental

'

t

164, p. 2284.

"

'

—--

,

Exchange,',

for

'

;

Colorado & Southern Ry.—Earnings—

!.••"/

October—
Net

from

from

-Net

ry.

1946

railway

A

-

ratio

://1943

$1,321,761

$1,686,601

$1,304,685

461,377

561,138

481,197

40,086

234,985

300,745

-

Gross

to

Net

from

from

.Net

164,

—

13,079,441

13,925,435
4,144,047 .': 4,911,171

1,173,351:

-

.

income

oper.

ry.

—V.

«,// 9,130,213

railway:
railway

228,477

•

p. 2284.

2,045,763

directors

share
Dec.

the

on

2,

have

to

of

2,409,145

dividend

convertible

record

•

/ 1946—3 Mos.—1945
n/'"'
$
-V i "

of

7J/2

cents

^

$

''t

recelv." acquired- 234,606,630 103,337,921
premiums.
5,830,090
3,826,628
'Net sales of mfg. subs.
"13,731,677
12,921,278
•Net profit !-i-—1,271,239
1,236,505
No.

of

shares-

common

1,841,473

Earnings per share.---,
*After

charges and Federal

income

taxes

$

"

$"

1 "

,16,000,581

number

offered

of

for

registration statement with the SEC

a

shares

of

capital

stock

$5).

(par

•

/v:

A.

New

/

The.;

the

Perlitz,

director

a

of

director

a

of

Jr.,

has

the

appro¬

and

Corporation

-

Stock

Placed

$1

on

"

r

/

.

Dividend

Annual

.

v

Bank of the Man¬

or

,

Basis—

\

,

*

-The directors
cents

Nov. 22

on

share and

per

declared

extra

an

regular quarterly dividend of 25
of $1 per share on the new $1

a

dividend

par common stock, both payable Dec. 16 to holders of recqrd Dec. 5.
-On the old $2 par*stock the company this yesr paid the following

dividends;

March 15 and June 15, 25 cents, and
quarterly and 50 cents extra.—V. 164, p. 24U/.

f
been

Second

several

elected

Executive

Di

Vice-President

14,

Sept.

cents

50

Giorgio

Fruit

Corp.—Offer

Extended—To

Again

Preferred Stock—Declares Class
Class B Common Dividends—

National

other

Bank

of

Houston,

business; organizations

The

well

as

corporation has called

redemption
stock

Dec.

Jan/

on

$150

at

20

V

cumulative preferred and

v

/

-

dividends

common

stock,

Jan.

1947,

of

15,

of

$1

the

each

first

and

the

payable

second

share of

one

declared

were

Jan.

25,

the

share of

one

stock.

common

and

A

$3

$1.50

exchanging

class

B

holders of record
1947, to stockholders
to

payable

Aug. 25,
dividends of $1.50

record

B

Class

1947,

of

plus

ior

for

class

on

A and

Aug. 15, 1947. Two
each were also de¬
on the $3 cumulative
preferred stock, the first payable Jan. 1,
1947, to holders of record Dec. 26, 1946, and the second payable July
1, 1947, to holders of record June 20, 1947.

>

,

Two

all

1

share,

a

time

the

was

participating preferred

$3

new

,this issue.-^-V. 164/p. 2542.

on

for

participating preferred

in accrued dividends. Extended to
each share of $3 cumulative

in ^Houston.

20}

cents per share

•

.

an

Vice-President—

Corroon & Reynolds

,

!:

4«.

Corp.—Listing Approved—,,,

It

was announced on Nov. 20 that the New York Curb •
Exchange
approved for listing 256,026 shares of $1 dividend cumulative :prestock, series A, v/ithout par lvalue, which are issuable - in sub¬
stitution for 42,671 previously listed shares of $6 dividend cumulative

has

!

Initial distributions of 50

'

class B

ferred

49,649,423
3,179,928
4,076,747
1,841,473
1,841,473
$1.36$2.00

and

l"

Michigan

•

•

shares of

two

common

Extra Also- Declared—'

exchange

the directors declared 'a 'dividend of 50 cents per shkrh
on
the common stock, par
$5, payable Dec. 23 to holders of record
Dec.
2.
Previously, the company made quarterly distributions of

12,012,795

35,734,144

1,841,473
$0.69

$0.56

.

new

Bank of Detroit, Detroit, Mich.,
hattan, Company, 40 Wall bt„ New York, N. Y.

be filed by amendment. If
substantially all of the stock of
acquired by the company pursuant to this offer or otherwise,
consolidation or liquidation proceedings subsequently may be

is

On Nov. -

.

599,545,978 3321138,094

insur.

with
->

-

into

by filing

1946,

clared

; 1946—9 Mos.—1945

Gross

Gross

of amendment
Commission.. !

22,

stock, $1 par value, has been listed on the New
York Stock Exchange and
the Detroit Stock Exchange.
Trading in
the new stock commenced Nov. 25, 1946.
/ Present stock certificates may be exchanged for the new shares at

.

Declares Increased Dividend—
a v-

payable

stock,
2284.

164/ p.

.

Nov.

on

certificate

"The

.

cumulative

as

40

„

priate

Securities

be changed
: /

would

became, effective

and

2,665,572

preferred

26.—V.

Nov.

stock, ,$2 par value,
stock, $1 par value.

change

Redeem Partic,

Commercial Credit Co. (& Subs.)—Earnings—
| Period End. Sept. 30—

The

W.
W. Bruce,
who retired Nov. 1 under the company's
annuity plan.
■■''
Mr. Perlitz Joined this company as General
Attorney at Houston,
Tex., on Jan. 1, 1946.
He is a member of the executive committee

v

initial

an

cumulative

holders

-

Common

common
.

"

declared

30-cents

1946

of

elec¬

succeed

Columbia Aircraft Products, Inc.—Initial Dividend—
:K The

of

retirement

11,554.995
4,425,844

,

,

output

will

Charles

310,052

■

-

,

be

New Executive

"

Prom Jan. 1—

System

Oil Co.—Registers with SEC—

unspecified
will

merger,
instituted;

.

•

201,643

income

oper.

" '

X1944

1945

$1,084,058

railway

that

on'or before Feb.
1,. 1947, to
holders of $2 par capital stock of Texon.'Oil & Land Co. The
exchange

Ei

i

,,t

an

shares

Texon

Gross

announced

The company on Nov, 25 filed

Stock

York

of .150,000
additional shares of $1 par
cash pursuant to an'-underwriting agree¬

for

27

2829

either National

*

New

Nov.

on

r\

Martin

:

.

rbas

with

Glenn

company

tricity
(electricity generated and purchased) ' for
the
week
ended
Nov.-24, 1946, amounting to-218,000,000 kwh., compared with 173,900,000 kwh. for the corresponding week of
1945, an increase of
25.4%. Local distribution of electricity amounted to 200,000,000
kwh.,
compared with 173,200,000 kwh. for- the corresponding week of last'
year, an increase of 15.4%—V. 164, p. 2688.

Inc.
During the war he was in charge of all proGlenn L. Martin Co. in Baltimore, Md.
'V
Treasurer of Aviation Corp. for a year until '

the

*

Mr.

Vice-President

been

;"•; i: v;:: '/; ;N
& TAT^M/v u^y '-l^-p ■
COMMERCIAL & FINANCIAL CHRONICLE

Lpr

Number 4547

-^

:

preferred

stock

corporation
The

and
$1

new

Exchange

minority interest.—'

V, 164, p. 824.

pursuant

cents

each

made

were

an

&

rection—?
A.

2543/

p.:

:;

and

/

-

Director—Cor¬

Prud'homme, Montreal,.Canada, has been elected
the

succeed

A

/

•

,

•,

stock,

J.

class

the

on

April 3, 1946.—rV, 164,

Distillers Corp.-Seagrams, Ltd.—New

agreement of merger between this
Reynolds, Inc., of Philadelphia.
series A, was admitted to listing on the
opening of business on Nov. 19.
See, also V. 164,

Corroon

preferred

the

at

to

stock on,

common

later

director

a

to

Aime1 Geoffrlon

who died on Oct.
f/•/;■
typographical error/ the redemption price of the cumulative <
preferred stock, 5% series, was given as $15 per share and. dividends

p. 2689.
'

Due to1 a

Commonwealth Edison Co.—Weekly Output-*-

/

Electricity output of the Common wealth
excluding
23

sales

showed

other

to

17.3%

a

electric

increase

Cramp Shipbuilding Co.—Sale Approved—

,

Edison group of companies..
for the week ended Nov.

utilities,

sharp rise is due in part, to
holiday occurred a week earlier In 1945. •
'
Following are the kilowatthour output totals of the past four weeks
•nd percentage comparisons with last year;
/
C ^
Week Ended—

NOV.

23

16——.

'

*

-1946 r

'

NOV.
NOV.:

1945

*

—213,029,000
—209,799,000
9—.
—--1— 209,641,000
2-—^—-----i-L ' 204,211,000
——

>

/

The

17.3%

corporation

adjusted

to

show

general

or

14.3

and

of

ter¬

Increase of 50,921,500 or 21.81%*.—V. 164, p/ 2688.

an

years morei; during which period
the
company
kept in position to

;;

*9 Mos. End.

be

p..2406.

Gross
/

'''Period End. Oct. 31—

1946^-Month—1945

-

—1—-

—V,

3,839,368

$1,263,094

.

Gross income
•
J
Inter., amort, of debt discount, premium (net)
and expense, etc., of subsidiaries
Preferred dividends of subsidiaries

Minority

Interest

.

Balance

(

1

1

1

1

^

of ^ company-—•>..235,611

etc.,

debt

discount

and

Estimated

'•Net fricom'e

,

—

"

-

Net

DiV.

used

the

In

December,

in

the

proceeds,

Wisconsin

income

1945 M

e

preferred
sold

the

historical

a

dividends)

subsidiaries.

redeemed
Had

bonds

such

effect
net

1945

on

for two

It

also

income

have

for

12

or

the

approximately $33,900 in the
Sept. 30, 1945.—V. 164, p. 2406.

net

date

account

income

of

sale,

interest

profit; from: operations(miscell.)

Interest

of

net

Earns,

is

Jan.

1,

on

On

the

the

1945

net

790,177

the

12

months

$2,789,004
53,944

59,405

!

235,992

$5,279,668
68,559

' 595,000

1,821,694

•Based

shares

--u-—:

on

of

300,000

$1,003,111

shares

common

outstanding.

for
■

t$1.41

tBased

659,998

$1.47

/

on Nov.

$1.52

659,998
$1.91

Income

Shoes
this

the

.

x

lor

that
In

the

on

totaled

comparable

juvenile

Compo

60,649,000

period

of

machinery

per

share

pairs

Deci

paid

Sept.

300,000

16,

1946
resents1 an, increase of

prior

on

to

the

payments

of

to
5

15

cents

Purchased

common

record

over

Preferred
U,

30—

before

earnings

lor

common

dividends

/
and

1945

-




.

'

"
.

t

.

-

■

■

282,591
330,537

—V.

from

and

utility

maintenance

v

373,084

income

,

V 1

;

The

•

•; C

■

$854,466"- !- $860,128'

of

on Nov.

$1

cash

cents

declared

that

the

interest

due

The

3,525,000
3,525,000

each

"

Jan.

on

2,

27,. 1946,

'

•

last,

22

^

is

payable

a:

30,
*'*•>»' J

t* "

'

Detroit Stee!

r,'The
the

Taxes

"

inc.

(incl.

taxes)

revenufes—

-

change

••*;-, rv

,

•-

Morgan

&

Co.

dividend

i'

*

•

shares

common

on

of
$12
per
share on.
of $1 preferred stock
stock held as of record
'

'V

.,

vV,

>

K

>

>

r>

Vfv

common

Interest

41,981 /-

acerls—

res.

and

amort.:

% V -tV

Balance

$195,904

X/H $19^,690

1 $2,649,307

,

$2,429,91«V

,

25,580

350,374

316,696,

$216,270

$2,999,682
^741,83 7
423,458

$2,746.6U

32,486
61,879

X61,80Q

'

36,888

34,659.
'

.160.
$118,422

$131,679

— -

Pfd.div.deductions:

,

,

.

21,002

.•19,16.4.
$1,560,772T.

*

r

V.

G.

& E.

728,475
438,201

$1,813,o85

:/

-■

B.

^

1,846,313

1,871,392

" 173

—

.

/.. 637,766

*.571,583

;

149,423

Misc". 'deductions

-

43,608

■/;, 151,508

$228,391

Retirement

company

_

announced it had

/ Balance

has

Co.!—!————-i./!

77,652 /

',v

•<

77,bo^

received

Incorporated/

•Balance

——————

Applicable to

,// Applicable

to E. U. A

'•"■

I

$1,460,80201,386

abeve)——$1,710,677
——---•——236,241

(as shown

income

.

22,318

■

$1,710,677. $1,460,802

————

Associate^—

subsidiary

Non-subsidiary
■

23,056

minority interest-^

Eastern Utilities

Earnings of

$i;735,733. $1,483,120.

——

.'Tv.

■

1

Lri-

*

..

CorpW^plitrUp

stockholders at

proposed

.^<p7,rc

share

per

' 1946—Month-^-1945 ', 1946^-12 Mo$;—1945 "I
$1,065,945
$914,171 $12,558,583, $11,733,722
/X/
677,551' /
530,450 X 7,466,'301'
6,819,721

Maintenance :

■ ■

YorfasGjWiiExchange

cash

a

dividend. of six

\

$7,460,842

1,

atn.ofjice-of, J. P.

X.—rV. 164, p.

N.

$1

of

is payable in four quarterly instalments of
April 2, July 2 and Oct. 2, 1947, to holders
and March .20, June 20 and Sept. 20/ 1947,,

received

and

Period Endi Sept. 30—'
operating revenues

./

Vorx,

dividend

cash

1946, for each share of
1946.—V. 164, p. 2285. •

/' Net ' oper.

Nov.

a

now

12,

Operation!.

'P^i^ents—

on

$6.32

'

Eastern Utilities Associates (& Subs.)—^Earnings—

6,098,137
: ;

shares

28,

•

$13,558,979

.'-4

old

Sept.

Aug.
'

Co.^Additiona^Stfick^ Listing

June

$2,364,470

$11.61.

.r
.

(both

stock

common)

dividend

record Dec.

on

• v

20 that-, the New

1,108,729

$4,343,079

On dividends——
pfd. stock
—>—

common

value

par

March

: $15,428,117 $13,229,127
528,530 1 - 329,852*

$10,020,642
,v

1,108,729

prior, pref. stock—

X

/

IjTon-oper. income-(net)
4w<?upced

Interest

' 54 000
•;

'

2,056,244
$3,473,199

-

have

directors

share

no

25

1945-^

•

4,674,000
4,674,000

utility operations

'1,825(674
$5,451,808

the $2 par value common, and
issued and outstanding.
This is
equivalent to $35 per share on the old no par common stock which
was recently split-up on a. 35-for-l basis.
the

$89,101,529 $84,909,528
68,999,413
67,770,401

charges, etc.__

.

respectively.

,'.1946

*,

,

operations

.

2015.

p.

.

-

164, p.' 2407".

each

Subs.)—Earnings—

Detroit Gfp^et & Mfg.

New

■/

1946,

Fu6LAssooiates-^Earhir^-^J5x};^

,

of

———

coupons.

691,7,66

'

Income

—V.. 164,

^

18,598

"

Eastern Racing Association, Inc.—New Common Stock
Placed on $1 Annual Dividend Basis—

year-end of 55 cents.

income™
_•
$15,956,646
incomei..—; : - 5,936,004

Net

$914,128
,

■

x: -" $51,968

1946,

Earned per share of 6%

and

1946, and Dec. l, 1946, on mort¬
gage 47c bonds, due 1995, will be paid
beginning Dec. 1, 1946. v.;
The Exchange also directed that the bonds
be quoted ex-interest 4%
on
Dec. 2, 1946, and that the bonds shall continue to be dealt in
"flat," and to be a delivery in settlement of Exchange contracts made
beginning Dec. 2, 1946, must carry the June 1, 1947, and subsequent

108,774

54,000^^-"

' %•

surplus—A

Operating

notice

*4M79

1

'

■■

$11,373.,;/// V" '.

properties of

SHEET, SEPT. 30,

XBalance before State taxes

Dis-,

14

letter of notification with the SEC

a

The New York Stock Exchange

$3,270,654

676,25^.-

-J

2.

June

jpteMr-d;!"..v i:
■
:..
.
crsrW
eH Detroit &r Maqkinac Ry. Co.—Interest

'

* /

,

$908,466

164, p. 1080.

14,

authorized,jiihje J^ting of ,309,918 additional sharesjofL'^t'.par
stock
issynb^./hqder an. agreement j.o.f; merger bejtweennthis
and Extri^ei^fMetals/Inc.-rV. 164,
p.>?407.
>sd Aiefaob

121,492

.

a

Normal tax and -surtax.-—
Excess profits tax.*.!.../.——

-v? -tt was

June

322,000

declared—

19 filed

^

•/

v

339,429

charges—

record' Dec.

paid: March 15 and June 13,

were

25 cents; and Dec. 13,

12 "Months Ended Oct. 31—

:

Cash

and

15

3.

279,117

income—.

of

March

($100 par) common. Price, $100 a share. Proceeds will
production, harvesting and marketing of white hybrid seed
growing to be sold for planting in Spring of 1947.

now

Gross

:

outstanding

Oct.

on

107,959

dividends.!—

(

Balance

•-V.

on

on

in

192,286

—

'

pairs

03y,bU8

income—

other

were

$3,365,322

—

year-end dividend of 60 cents

shares

500

Balance, income from
Other income

of

now'outstanding,
28, 1946. ThfS'rep-"'
15 cents per ^hare-

1946

:

—

—

a

made

Gross
corporate
Deductions from

Co.-—Earnings—.

—

dividends
.»

of

>

interestr apd

Balance

months

-

also .made -on-March

were

Taxes, other than Federal taxes
Total

Nov.

—

on

•

Net

■

stock

1591/^-C,"J?5' "1"

power--————

Depreciation

nine

47,769,000

said-.

dividend

a

earnings.

Federal taxes

It! is

quarterly dividend of 12V2 cents

of

expenses—

Maintenance

shoes.

Quarterly Div. of 12^0—

a

of

cents

first"

with

shares

each

164, p.

9 Months Ended Sept.

gross

the

holders

Connecticut River Power

Operating

men's

15, 1946 on the 150,000 shares which
distribution of a 100% stock dividend

15, this year.—V.

Total

in

compared

Nov.. 14 declared

on

the

on

payable

and

1945, Mr. Bresnahan

Increased Stock to Receive

/ The directors

'

on'

new
developments will yield substantial additional
through, both rentals and sales.
v

produced

year

production

these

1947

5,

Div. requirements on 4Vi %

stockholders

were

Detroit Edison Co. (&

in

retired..

equipment

expected

■

17,496

.

Interest andi debt discount

be used for

.

-

to

following dividends

Sept. 14,
1867.

164, p.

corn

outstanding.
The common stock was split
October, 1946, and on March 15, 1946, all the preferred
,•■/.»/: ,.x ' '• x
■•■//'- in,//;/' /•'/v"-/;''5/-■' '
William H. Bresnahan, President, stated that more than
$469,000
had been spent this year by
Compo in developing new machinery and
was

■'

$104,404

•

16,709

-

150,000

on

i.i

..

-25,984

r

31—'
t
'J '
' 1946 '
':' \l945 ■ {.
Income-^--///—_ $13,363,571 ,$14,244,493. X y;
Provision for income and excess" profits taxes
■ • :
;; x / -, /• i - v / :
and- special
charges™—'2,08.7,223;
3,573,603
Depreciation and depletion!3,998,866
5,141,448 ; /

The

*$1 j05

.

..

$64,370

disposal of

on

12 Months Ended Oct.

$1,261,762

659,998

the directors declared

19,

.The company

then

common

two-for-one

stock

*

—

share.

common

m.

-

.

101,919

61,534/

:

liabilities,

/Eastern Ga$ &c

Delta Hybrids Co., Tuscola, 111.—Files with SEC—

Ended
Sept..30,'46 Dec. 31,'45
$315,928
$235,510

.

earnings
Earnings per

in

Total' consolidated

4,022,077

$971,313

—>

35 cents each;

9 Mos. End. Year

Net

-----—.

"i.i

i

126,681 '

*125,737
51,242

•

$101,208
15,975

-

Oct.

accrued

$1,590,665
$2,842,948
$5,348,227
24,352,: > a8,.142% i / 64,388

share

per

Nov.

—V.

*
■

$l79;87lM'

$292,618 /

^

and

payable

750,000

150,000

$1,531,260

;

In 1945/ the!

ended

Compo Shoe Machinery Corp.—Earnings-—

.

$241,350/:

,

payable, $107,015; preferred . stock' dividend
$5,289; due to officers and employees, $1,160;
$111,221;
$1.50
cumulative
convertible .preferred
stock
(par $20), $283,240; common stock (par $1), $460,520;
paid-in
surplus, $1,651,502; earned surplus, $287,598;- treasury common stock
(154,303 shares at cost), Dr$861,706; total, $2,045,840.—V. 164, p. 2016.

298,218
711,682

437,742

Sept. 13, last.

approximately $9,100 in the
30, 1946. and a reduction
for

22,003

'

,

$158,448
21,424

LIABILITIES—Accounts

901,256

567,626

82,000

__

paid:

per share, payable Dec. 13
tributions of 30 cents each

g>ept.

income

•

in banks and on hancl, $150,591; receivables (net>,
inventories, $110,726; investments, $270,530; deferred receiv¬
other investments, $42,069;'
property/plant and equipment
(net),' $1,181,083; land, buildings and equipment not used in business,
$127,648; prepaid and deferred charges, $69,407; total, $2,045,840.
v

1944

To Pay 60-Cent Dividend—

such

>

of

as

'

.

152,797

•

■"!.<.

$270,610'

ASSETS—Cash

-.,1,648,842

-

Net earnings for the periocL«.„.
No. of capital shares

(after

of

paid

~

ended

of

income

the

the

to

consummated

months

above

actual

1945.

reduction

a

The

includes

months,

been

been

the

and

reflects

Dec.' 31,

to

transaction

would

$2,489,000.
basis

i

i

1943

180,701

$221,039
"
20,311

58,722
in

■;

'

-U-j

—r

BALANCE

$9,825,658

1,682,607

:

taxes.

Fed. income taxes

$266,298

company sold four subsidiaries for $2,000,000
along with other treasury funds, to redeem
company's then outstanding 5.50% debentures

principal amount of

presented

:

$245,506
24,644
$270,150/

///•After deducting profit

>In November, 1945 the
and

1287,349

,

-pfd. stock-—-

on

$9,814,700

$6,417,156

223,707

Total

350,505

$389,717

$598,593

369,889

110,220

y'-

ables

660,257

"

Other incoine

$616,803

.

1944

$821,200

Prov. for Income taxes-

expense,
;

•

expenses

for deprec. and amort
Social security and unemploy. taxes
Prov. for post-war, adjustments^-,'

534,287

/

of

-

'

*

1945
$834,726

'Depl.,. deprec., etCLJU-.-/

-6,530

$625,328

—

> amort,

•'

«•

$93,785;

• $4^264,563
—1,767,345

Provision

■

Inter;,

share

per

1r.

iff- 416,254
204,757
197,433

■:.*«.

■

profit-—-/

/ Operating profitInterest charges «—/

.1946—10 Mos.—1945

1946

profit

expenses
General and adminis.

1,323,726.
-

8,004

—

$105

.

Selling

$2,481,34$

1,064,157
446,684

————

-

read

j

194S

164, p. 2542.

Gross

5,150*

$2,144,173

have

572,115

other income

,

should

$1,022,378
"■

serv/-

,

$1,091,383 $12,010,954

9 Months Ended Sept. 30—

362,846

-

and

V-.;-

Cutler-Hammer, Inc.—Earnings^

$6,688,710

.

Sept. 30—

sales

Net" oper;

/

It

" '>■

Oper. And gen. exps.—i ! 1

.

maintained

.1945

<

———^

1946.

,

Co.—^Earnings—

Net profit

-

.

25,

income——

oper.

Cost of

<

12 Months Ended Sept. 30— 1946'
Gross earnings-————i
$5,674,274
Operating expenses, maintenance and taxes—
3,230,189
Provision, for depreciation and retirements294,762
Amortization of property account adjustments
5,150

Nov.

v.''''»• i'i,\ j-'V

i

'

Community Water Service Co. (& Subs.)-/-Earnings—

;

'/v

Eason Oil

Crown Drug Co.—October Sales Rose 15.7%—
Sales

:

records must

year was approximately $500,000.-~tV. 164,

ritory served for the week ended Nov. 21, 1946, amounted to 284,449,-/
415
as
compared with 233,527,915
for
the corresponding
week in

1945/

intention of

indemnify the Government
against patent Infringements, Mr, Ripley stated.
During and following the war, the company handled a substantial
volume of ship repair, and conversion work, but; this
type of. work
was
discontinued
Sept.
12/ last, because it was unprofitable.
Mrr
Ripley stated that;- the company's: loss from ,ship repair . wo.rk.Xthis

12.0

business conditions

present

no

six

11.8

Commonwealth St Southern Corp.—'Weekly: Output--/
The weekly kilowatt hour output of'electric energy ofsubsidiaries; of

this

has

company

engaging in any business,
.(Joseph-P. Ripley/ Chairman- of, the board, stated,
t
Under the law, the company
may have to stay in business for five

j—V, 164, p. 2888.

'

of

dividends.. See V. 164* p. 2689,

'v

.

Increase

,

181,595,000
187,668,000
183,413,000
180,917,000

——;

issue

our

and

The management of this company has reached no decision as yet on
the matter of a liquidating dividend; -

,

Nov.

in

approved the sale of all the. company's

•

v.

f

18

Navy Department for $750,000.
The Navy already
owns
the bulk
of the
property at the yard, which represents an
investment of about $22,000;000 during the war.
'
-

corresponding period last year.
the fact that the thanksgiving

This

Nov.

on

the

to

property

the

over

The stockholders

!:

a

S^etfei-meeting

in

capitalization

Total

Effective—
held

on

pursuant

Nov. 4,
to

!

/

/

1946,' approved
which each share

:

1—

1

Expenses, taxes
/;
.:
/-v.,

and

$1,662,188

$1,946,917

interest—

—-

158,473

.

Balance

.

available for dividends and surplus--$1,788,444

—V. 164, p.

2543.

156,714

v.

.X:/,v

X/X;': /•":

"■'•'■/x

$1,505,474
^

i--1?;1!,
•>*,'' !

'•V.'-

2830

..Ebasco .Services Inc.—Weekly
For

week

the

operating

companies

of

American

of

.

ended

former

of

week

21,

Ebasco

& -Light

Power

National

responding

Nov.

Power

during

Services

1945

were

Power

The

"not

"

&

Power

Co.—

.

164, p. 2690.

"

=*'

1

:

y.,: v.'

•

'

4

'

*

*

f

•

•'

;•

4 »
V.V,

.•

CHRONlGtE

to retain a larger share of the amount'earned

of

Diesel

•

have accepted all of, the' orders^-they cap produJce
the Summer of 1947, when deliveries must be.oom-

and

now

critical, items

of

makes

iGalvin Manufacturing -Corp.—*Form of (Certificate—'

i

The

Privately—Company has placed privately with a large
insurance company 10,000 shs. 4x/2%
cumu. preferred

shortage

that ,the

it

Stock

stock,

Exchange

Nov. "22

on

including

directed

r

v«

common

and

to

up

Dec.

1946,

10,

freight 'sarvice
divisions

"

sale

the

from

Proceeds

stock

preferred

this

of

will

added

be

A

-to

of the company' to replace, in part, expenditures for
required for the manufacture of new piodavailable facilities for products previously
made by the company.
444.4-.
,
V4:V44
'•
The Chase National Bank, "New York, has been-appointed registrar
of the cumulative .preferred -stock, '416% - third series.
- - •
■
-

record

made

was

Dee.

16.

31

cents

share

per

cents

airplane

distribution

of

increasing

for

and

ncts

Common Stook---

Increases Dividend .Rate on

The

sale 'Nov. 25 :a

issue of

new

for

which

line

main

and

enjoy -wide*
and

rpassenger

/.J

A

trucks

States

substantial

to

•'

for (practically "all

iron

castings

f }

uses,

household

and

:

-

:

;

-

,.r

manufacturing operations in the Dominion
on 'by
three subsidiaries.
General
Motors

manufactures

Chevrolet

United

bearings

malleable
--*

.

carried

Canada-"Ltd.
cars

roller

and

.

corporation's
are

and

iron

•

'

assembles" General

and

and

imports from

fcompletely

Motors

plants of

assembled

vehicles

<

ol
of

passenger

the corporation
well

as

as
parts,
for export

British

( and

portion

of

the

output

of

this

subsidiary

is

markets. ! The McKinnon Industries Ltd. manufactures
part's
accessories for Canadian-built
passenger cars and trucks.

'Frigid*

-Aire Products of Canada Ltd. manufactures and assembles the
Frigidaire
line of household appliances for the Canadian market.
•
• •
.
-

fered—A nationwide group Qf investment banking firms,
by Morgan Staiiley &" Co:, offered for .public

?

1

ball

grey
'

("rin -the

CAPITALIZATION,-Gjy.INQ EFFECT TO -PRESENT FINANClNCk

headed
f

locomotives

railroads

'•

motors,

.Canada

General Motors Corp.—1,000,000 .Preferred Share's. Of-

;

.

Diesel

major

.

.

the

25

.

propellers,

electric

pdr

Sept. 30; last, ^which povered
1946.—V. 164; p. '2544.

on

are

to

or

by

and

radios.

been)*

has

preferred stock,-payable Dec. 31

initial

An

issue

this

on

of

convertible

for. marine -and

,

plants and equipment

Tiew

iv

cumulative

period "from July -19 to Sept. 30,

.

funds

general

'the

on

holders-of

share

to

quarterly, dividend

regular

engines

v'?. •'Certain other- non-automotive products are (manufactured by. varioiia'
.divisions of the Corporation.
These products include such items as

General Builders Supply Corp.—Preferred Dividend—&

,

i declared

Diesel

switching use.
The products of most of the§e
generally produced on order and sold directly to tha
the manufacturer
who
incorporates the engine in- his

a.product,,.,-'

c

,

stock, Third Series (par $100). The transaction was ar¬
ranged thorugh Union Securities Corp.
The shares rep¬
resent authorized but heretofore unissued stock and are
identical with other 4%% series.
/'
t^

<•

Division -manufactures

spread -acceptance

-

be

may

manufactures

.

i

deliveries

that

Division

•
Detroit,'Diesel "Engine'Division manufactures Diesel
-engines -of-various-sizes for boats, graders,'.shovels, trucks, tractors
and other uses.,. Diesel
Equipment Division produces Diesel fuel in*
JeCtors and. Certain ' other components ot Diesel engines.
Electro*

^ Motive

made
either with'temporary certificates or with permanent certificates; that
beginning
Dec.
11,
1946,
only permanent -certificates shall be ja
delivery.—V.'164, p. 277.
,-w
'" *.■

•

;

York

New

Engine

^stationary -use.

•

•

user

C

,

,

also -explained

was

Monday, December 2, 19461
as /well
as
components
and
replacement parts for their respective
products. Allison ..Division manufactures aircraft engines, including jet
propulsion
engines, and certain automotive components.
Cleveland

,* ■) ** •, .' *'..v

^production, Mr. Davies ^said that '/the - company's
unfilled orders is continuing to increase:»and that many

inventories;

Chicago—Preferred Stock 'Placed

Ekco 'Products Co.,

] ''

;

impossible for the company to'establish-a normal rate of turnover of
Also, the necessity of making long-term forward commit¬
ments
for materiel purchase "is" increasing
the risk of accumulating
inventories in the event of changes in business.—V. ,.164^pf 11720. -"

•

of

<>•

'•

'•

4.

'

I

•}

on

the "divisions

between

'

Pet.
17.4
13.9
21.6

the system inputs of any companies

In "both i>eriod^-r^v.

I

■

kilo¬ % 'pieted to .food-procesting customers and growers., i/w■

Amt.r.
29,617
46,412
19,510

1946
1045
199,371
169,754
,»52,028~ 46,216
110,016
90,506

—,.4

Light

above figures od not include

appearing

backlog
'of
'

—Increase-

j

.

■

Light Co
Light Corp.

8c

subsidiaries

are

Light Corp. and
with . the - cor¬

It

*

&

National

8c

compared

44
,V-'

•

'-.v, ■ v*.y•'

Commenting

-

Operating Subsidiaries of~
Power

which

Power

follows. (in ^thousands of

as

'
,

Former

Inc.,

taxes.

before

client :'V

of

4": ! °r ■$:?
V-.v/V.:^

the corporation

enabled

-•44inputs

System

Light >Co.,-as

m

Electric

the

Co., 'Electric

8c

watt-hours):

American

.Input—

1946

•

COMMERCIAli %^INANCIAL

THE

/

i

-2Va7? promissory notes—

r

1,000,000 shares of .prefOrfed

Authorized

-Series.Ar maturing-Aug. 1, 4966—
•Series B,.*maturing Aug.

stock

$3.75 series /(no par). The stipek was priced at
The directors on Nov. 25 declared a quarterly dividend of 30 cents
$100 a share and accrued dividends.* According 4o avail¬
per share on the present common stock of $2.50 par value and the
able financial records, the offering, both in.,respect; to
'usual
quarterly dividend of -$1.1214 per share on the outstanding
,numbertif shares and dollar volume, -comprises the
cumulative preferred Stock, both payable Feb. 1,
1947 to holders of
record Jan. 15, 1947.
A quarterly distribution of 25 cents per ohare
largest preferred stock issue registered under the Sewas
made on the common stock on Nov. 1, 1946, following
twej) curities Act of 1933 and market publicly.
The issue has
for-one split-up of the old $5 par shares, which on Feb. 1, May
1
been oversubscribed.
;
:-•••r- *
and Aug. 1,
1946 received quarterly dividends of 30 cents, each.—

\$125,000,000

Common

stock

($10

i $29,000,000
?

Preferred stock^^ (no pari
$5 series,-$tated\VJilue-$l/00 perish.J.
-$3.75 series, stated vai. $1QQ per sh.

06,000,000 *.'
*?

r

-

$,000,000 shs.

'm 11'83,564/400
; >
400,000,000;
75,000,000 shs. t44,104,340

- -

.

par—.

.

t

•Outstanding-*

*I
r

j
;

•

^$l,920f00o to be prepaid annudlly on each -Aug. 1, from l952 to i97^,
7>950 shares -held in Treasury and carried in special aqcoun*

■-

tlncludes

•

for -bonus purposes.

■

-

•

.

-V.

164,

•

;44,4.4

2690.

p.

PURPOSE OF

;'

'

•

4.»-4

4

1,334,332
190,740

*.•*298,296

-291,143

25,000

-24,314'

288
40,307

taxes-

income

taxes

^revenues-

30,898

•14,690

-

funds

time for corporate

the

meet

the corporation

of

will

be

postwar

•

requirements
"the

The

,

has under way a program for modernization and expan¬
of its existing facilities, addition of new manufacturing assembly'
units, coordination of facilities for research and process and .product

.conditions of expanded production and higher price levels.

addition

;can
$1,283,532
21,621

not

be

now

expenditures
'and

specifically

will

equipment,

depend

$120,253

$106,924

•:

•Balance

—

$1,305,153

$1,243,803

kinds,

various
wiil

capital

and

depend

also
sales

on

the

since

amort-

and

,

17,819

,

24,657

■

.

,

$1,029,414

Federal

and "the

and

under constant revision

The

46,764

-156,113

'423,371

$873,300

$645,931

67,501

67,501

©referred dividends requirements-

»

-

Subject to

tures

the

under

revisions

does

make

to

or

any

the foregoing, it

is

present'program tor plant facilities

present

truck

*After

common,

stock-.

reductions of $46,764

extraordinary

$805,799

—i--->
in

and

It

member of the consolidated group in l945.—V.164,

stock,
sale on

p. 2690,-

&

Light Corp.—SEC

upheld, by Sur

the

Light Co. above.-rV. 164,

D.

Harry

II,

President,

Beutlich

on

Nov.

21

announced

Vice-President

as

in

appoint¬

the

as
'<

/Mr. Beutlich joined Eversharp in March,
director of industrial relations.
"
4K

.

1945)

Island City,

the

may

AND

•

will be

corporation,
but

for

Stearns

Becker'& Co.

them .out

provide

of

its

BUSINESS—Corporation

or

cash

H.

resources

incorporated

was

or

N. -Y;,

corporation

is; primarily "an

operating

company

accessories.

90%

and Toronto-,

of
33

are

In

General

Motors

commercial sales.

facturing -operations

carried

are

Clark,

13)

Oct.

Jfulien

sold

iij

automotive

Motors manu¬
subsidiaries.
General

3 Months Ended Sept. 30—

\

-

f

*

Total

-

expenses

i.—-

_

-1946"

-

Total income

1945

^$120,327

,'$54,352

23,139

——.

4

7,848

;

manufactures

J ;r
;

■;

■

■:

44;
/

5

Net income

Net

gain

from

Dividends
.

Net

$97,188

--——

sale

asset -value

securities

of

paid from
per

70,375

undistributed
share

net

Sept,

at

$46,504

income.

\

30———'

-=-V.

164,

!

7.

p.

•

$24.29

-

manufacture

and

the

has

Vauxhall passenger

eight

assemble

car,

truck

.principal

directors

Nov. ,21-declared

on

special

a

meeting

authorized" to

1,000,000
date, the

shares

the

of

increase

oh

stockholders

the

to ,1,200,000.

number

Due

to

of

Oct.

14,

shares ,of

market

the

of

conditions

the

corporation.

United

States

.

as

who; have
approximately!

retail dealers

There

.were

June 30.

of

1946.

...

-

divisions

is

company has deemed it

marketed

final

I Florida Public Utilities Co.—Earnings—
12 Months Ended Sept. 30—

Operating

revenues

Operating

revenue

Federal income
Retirement

Utility
Other

'Gross
Income

"

~—

deductions

and

excess

profits

accruals—

reserve

taxes
—L
1
—1

income—1—:————^—-'

operating

income

.

$247,618

deductions

total,

'.'23,977'

$198,064

—V.

income

76,103

164,

p.

—

1720.

—

,

...

52%

Earnings after

prov.

for Fed.

The corporation also
In business volume-for
r

Paul

L.

3 Mos.,%46

taxes

$1,323",415

9 Mos.,'46

$3,543,599

r

:

•

Davies,

-

•

in

the

corresponding

period, of

the total for

the

but

of the

it

was

third -quarter. \:

Two divisions, Frigidaire and Delco

and

1941.

industry
v

up

Green," Ellis &

$3,265,161"

systems,

.

Riter

utilities.

oil, burners, .oil and

Certain

3,000

—

——4,000

Co

&

1,500

Gardner—

Reynolds & CO

gas

The

principal,

stokers,

boiler-

and

venti-'

water licaters

parts

are--produced

on

order

and

sold*

directly to other manufacturers fpr incorporation in their .products.
Five General
Engine Divisions manufacture -a • variety ; of -types of
engines ranging from aircraft-engines to complete Diesel locomotives,

• -r
j
1,500

The Robinson-Humphrey

Co.

—m-m———>->>-•

8,500

E. H. Rollins & Sons Inc..

Wm.

C.

Roney & Co.—

,

Rotan, "Mosle and Moreland
——_L—-i—-

.

Schoellkopf, Button &
Pomeroy, Inc.
4—4

"
K
4,000

H.

Co.——•

Poole &

2,00Q

*.Schwabacher &' Co.----4_
Scott

'

-

1,000

1,000
'1,000

E.

"-

1,000

-

&

Chas.

W.

Shield

4,000
,35;000

&

•'•'■1,500

Stringfellow
&

Scranton

3,000

Co.

'

Co.———4

Shumah, Aghew '&' Co.—4T
*SingerK Deane & -Scribrrer

8.500T
1,000,
2,000•4,000'

SkaJL-Joseph,.Miller & Co.
;:Smith, Barhey^cb.):44^_v"35,000

2,500,.

Co—„

2,000

Anderson.

;

Schneider and Co.—

Schmidt,

.

1^000
1,000
8,500
15^00

Schermer and Co.

John R.

)

2,000

-

.

Smith,
William

Moore
Co.y*4iir'*>V.ti;00tf
R. Staats Co.-.t
■ 2,000

2,000
Boyce..-4_;. -2,000
Co.——'
2,500

Starkweather f& 'Co.—--4
Stein .Bros.

&

Brothers

Stern

&

Hawley, Shepard 'and Co.
2,000 4; Stillman,'Maynard&lCo.:
1,000
Co.
——-4 -1,000
flayden, Miller & Co.-_4" ; 3,000^;) Stix
Hayden) Stone •$« Co.—1- : 4,000 .' Stone & Webster Securi-; 4- - (4
Hemphill, NOyes & Co.—_ ;; 8,500 ; *' ties Corp,—..
—- . 30,000 .
Stroud '8c Co. Inc._4-44u4 " 3,000*
Henry Herrman & Co.'—1
1,000
—

-

J.4J.4B.

rHilliard-;M

&

Son—

2,000

——

Co

1,000

1,000
2,000
Co..—.8,500

Sweney, Cartwright & Co."
Swiss

& -Weeks—8,500

American

Trask

"Spencer

Corp..—

&

'•

6,000
8,500
Tucker, Anthony & Co4.' 30,000
Union Securities 'Corp..
Co.-iru_j;4_4
2,500
Bond and
Vietor, Common, Dana &
"Do.
^44-4444*',: *1,000
Share Corp1,000 4
G. H. Walker &vCo.-i44-4
4,000
Jenney & Co._——r
1,000
E.

Hutton & Co.-i-.i^4

Illinois

Indianapolis

Lane,

Johnson.

fans.
The products of these divisions are. marketed largely'
through ..retail .dealers; wholesale distributor^, i department stores and
electric

ItOOO

J'' ,1,000

Pierce & -Cp.^4' *
&

*

The

i'Co.,

,

,

lating

i

-6,000 ;;
Pressprich & Co.—
& Co.—3,000

W.

Reinholdt

Hallgartep • & -C0.4——y, ,8,500 ;V
Harriman ".Ripley &
...4,
Inc'.
.4^4414li'i.4 35,000. *.
Harris, Hall & Co.v,(Inc.)
6,000 '

W.

total for

the household

Co. nf
Nebraska^-..--

Hornblower

approximately, 39;%
;

Appliance/make

-

Grant-Browncll

Hirsch

Of. this

divisions.
The principal products of Frigidalre Diyisiom
air-conditioning and commercial refrigerating equipment, elec-,

water

1,500

-LOOO

Inc.

;Rfluscher,

,

1,000

Inc.———

Goodbody *■-&
1
Oraham, Parsons &-Cp.-1

*

»

produced

trie
ranges,
electric refrigerators and water coolers.'
.products of Delco Appliance Division include automatic

.

President, explained that although the sales volume.
Is at a new peacetime peak,
it is substantially less than the sameperiod last year, but-that the elimination of excess
profits taxes has




-

.

% appliance

9 Mos.,'45

announced a new peacetime high of $15,782,039;
_the third quarter ended Sept. 30, 1946.

production

General Motors

include

Corp.—Earnings, etc.—

of

30,)4946,

$145,027

•

Food Machinery

--

United States .plans .represented about
32%
the nine months ended Sept.

53,037

$196,286

;

Period End. Sept. 30—

...

^

in

Of

Net

1

approximately -633,000 -rrtotbt^vehiclcs..
The low volume of motor vehicles produced
by the industry (thus far'
in 1946 reflects, among other
things, the effects, of strikes and short¬
ages of materials.' .Approximately one-half of'the nine-months''total'
was produced in the third
quarter of 1946.. General Motors production

$174,088

$272,389"

—-——

or

82,300

.

24,771

!

'

1,000
.2,000

Putnam

10,000

-

Folger, Nolan Inc.
Goldtnan, SachsCo.'^i'J

General-Motors

98,703

,

...".."52,646'

(net)———--

income

product.

DUicoln,

.

bas

60,063 "

R.

Co.

The ' First -Trust

ball

production of motor vehicles in the United. States
exceeded that of, any other - niotor -vehiole manufacturer in the
1946 /
1945- .J ,;vUnited States in each
year, commencing with 1931a;
$1,145,607
$1,080,425
Production in United States plants by the entire,
industry amounted
785,280 ' '
725,334
to about l,971t000 motor--vehicles 4n the first nine month's of 1046':
;

I.OO9

■

Quail & Co.—.

.

—

distributors

through

Co.,

Ferris- &

unwise to proceed (at this time) with'
roller
radios,
bearings, self-starters,
shock
absorbers,
spark' plus,,,
the sale of the additional shares (see V. 164, p. 2286).
•'
"
speedometers, steering gears-and-transmissions.-;
's'; V' f ;A '
■*
Indicative of the upward
tiend in the "company's business 'is an
The
car, (truck
and .body divisions and
the parts
and accessory*
all-time peak load of 130,000 kilowatts, experienced ,on Nov. 18.
divisions produce and .assemble the major components.of
The
;the corporahighest peak they experienced at the height of the last whiter tourist
$ tion's motor vehicles, such.-as bodies, Engines'and -transmissions ';; Thd
season in February was
115,200.
It was stated that additional gener¬
corporation,
however,
uses
approximately 43,000 outside firms
for'
ating capacity of 25,000 kw. would be available next February with,
services and for materials, parts and
supplies.'■•including.' sheet; rte.el; ,'
another 25,000 kw. coming on the line later next year.—V.
164, p. 2691.
tires, glass, frames and other items-essential"to the completion of the.

*

•

4,000
6,000

Field, Richards & Co.—; l.OOO
The' First "Boston Corp.—
35,000
First (California
Co
1,000
First of Michigan Corp.—
6,000
.First^S'oifthwest Co.—4—4 .-' 1,000

Principal automotive products of the parts and" accessory
bearings,'batteries, brakes, bumper guards, defrosters
and' heaters, electric generators, fuel
pumps, horns; hub" caps, ignition
distributors,«lamps,, malleable coStingsVioTI" filters1 and gauges, .radiators,

that

—

L. F. Rothschild
Co.—_
Fahey, Clark & Co.———
1,000
Fauset, Steele.-& * Co.—. -4v000'. ,'j Salomon -Bros, & Hutzler

accessory divisions.
They are
of component *parts and-acces¬

also

Inc. .:4-4.44--.—

;

jobbers.

are

Co

&

Inc.

sen,

-1,000

Evans :&

A,

Clement

in

output of "these

divisions

from

since

Co

Securities Corp.

Equitable

output of

and

company

common

Elkins. .Morris &

products

the

.

At
was

products, ?namely, .Chevrolet,

the production of passenger cars-and trucks and some
of the .corporation. .Although .the greater portion :'of
these divisions is used by the car, truck and body divi-x
sions of the corporation, a fairly large part is sold to outside manu-i
facturers, Including other automobile and ;truck manufacturers.
;Somc
used

other

quarterly dividend of 25 cents
per share on the common stock, par $7.50, payable Dec. 20 to holders
of record
Dec.
5.,
A
like amount
was
paid on Sept. 20,; dast, .'as
compared with 20 cents per share on March 20 and June 20, this year;
and ^an initial of 20 cents on Dec. 1,1945.
\ s"
>
a

Parrish

Peters, Wr iter & Christen~

4,000

Estabrook & Co.-i-._4—4.

with

1,500

15,000

Curtis

,

15,000

& Co._*__

1,000

Co

Phelps, Fenn & Co.—:—.J
Piper, Jaffray & Hopwood
Wm. ..JE. : Pollock . & 4Co.;

8,500.

is marketed through

sories

Offering "to Stockholders Postponed—
The

Dillon

Eastman,

2,000

of California-

Northwest

•Paine, Webber, Jackson &

15,000

duPont <fc Co.--

Francis I.

&

Cook & Co.—

Co.

Pacific

46,000

the

agreements

corporation has 16 parts and
engaged primarily in the manufacture

Common Dividend-

Corp.—25-Cent

truck.

1,000

j4

'

its

The

Power

Bedford

Co

1,006

————.——

Newhard,

.

divisions,-which

body

&

New hold's Hons

H.

'Co.-

Pacific

Elworthy & Co..:—1,500

16,000 such dealers in the

"

Florida

and

car

and

1,000

2,000

The Ohio Co———

R. * S, Dickson &* Cor, Inc.. '
1,000
Dillon, Read &. Co. Inc.-40,000 ■'

Dominick —j,

■

2,000
1,500

.

1,000
1,000
Paul.H..Davfs $5 CP-—2.000
it, L. Day & Co.._.,^.,__
2,000

selling

$25.22

!

.

sells

Neuhaus

W.

; 4.

4,000
2,500

Co.-,-——

8,500

H. Murch & Co.
Securities Co.—"4

Nashville

1,500

Merle-Smith.—__

2,000

Moseley &. CO,——

4,000

:

.

.

1,000

.

Mullaney, Ross & Co.J444

portion of such ..products

49,121

'

>

and

corporation

8.

Maynard

Sons,.

3,000

—

1,000

*

Pontiac, Oldsrnobiie, Buick. and Cadillas .passefiger cara; Fisher bodies;
Chevrolet trucks; and GMC trucks and GM motor coaches.
The -major

4.22,197

98,894

The

Inc.

4,000

&

Co

F.

J4M;. .Data &,Co.^-44...

Drexel

Milwaukee

Mitchum, Tully & Co
Leonard & Lynch-

1,000

pominick

Beane

1,500

Clarke .Corp,

Dick &

products are distributed to other markets throughout the world
through the Overseas Operations Division and "15 consolidated manu¬
facturing, assembly and selling subsidiaries. -; In addition, "Vauxhall
Motors Ltd.,
a
non-consolidated subsidiary incorporated in England,

&

Moore,

Cutfciss, Hoizse* Ar-*Co.__„.

;

In the'United States there

by. three

on

,2,000
1,000

The

; 1,5004
Cooley
1,000
Court? A5 C9.r~-»-*-.——- •• 1,000
Crouse & Co.1,000

.engaged -in
are

,15,000

Burr, Inc
Collins •'& Co..,*,.,

Coffin

1,000
1,500

,3,000

4,000

Dodge & Co.8,500
*;

Co.—

.

.44.—;4.g( 1,000
&

&

—

Barbour & Co.,

Richard; W,

-In-Canada,-General

f

Boynton & Co.,

Bnown

Masten

Fenner

35,000

4.1—'

E.

.

Merrill, Turben & Co,__—
Metropolitan St. Louis Co.

4 1,500

Co

E. -w. Clark: &* C0...1

Motors

1. "Fidelity Fund, Inc.—Earnings—

F.

Inc.

Alex.

of passenger cars,
commercial vehicles, pants and'
1941, sales of these-products constituted approximately

major operating divisions.

and

Central Republic Co.
(Inc.) 4^,-...
-4__.

from

.

Co.4—4—.
Merrill Lynch, Pierce,

6,000
2,000

Butcher <fe Sherrerd.,

purposes;

& Co.

2,500

.

mother

Marks

Mason-Hagan, Inc.——--

8,500

Inc._

Inc.—.,_—»

Co.,

Bramhall,
'

from'borrowings.

or

Co.„___

& Co

Boswqrth, Sullivan & Co.,

has
ar&

purposes. above, outlined

used

&

Boettcher

one

part^ of such proceeds
vTf additional funds

no-

purpose,

A.

Blyth & Co., Inc

and-consist

field

The corporation now has between 4,000 and 5,000 employees working

plants in Chicago, Denver,-Long
Canada.'—V. 134, p, 2544,.- 1
'♦> -

the

competitive

■

in

of

purposes,

manufacture, assembly and sale of-various products which
markets.
Its principal products are in 'the

of industrial

charge

relations and personnel.

■

fuiids

any" particular

of

any

corporation

The

Straus

L.

of

for

1,000
4,000

—

M.

McDonald

William Blair & Co.

1916, in Delaware and is successor to General Motors Co., a corporation
Jorgahized on-Sept. 16; l1908; in New horsey;"
*

Eversharp,Inc.—NewVice-President—
Martin

for

HISTORY

■

ment

cash

the *rforegoing

ithe proceeds of the salevof additional securities

2016.

p.

other

of

allocated

required

Court—Agency can order disposal of subsidiaries.

preme

See under American Power &

by

more

-been

& Co.
Laurence

1,000*

Eichler & Co.._

Bear,

expected that the proceeds from the sal^of the new preferred
together with approximately $125,000,000 obtained through the
Aug. 1, 1946, of the corporations 21/»% -rpromissory notes^-supple¬

mented
or

"Electric Power

,

1,000

Blair

•

I

No. pf Shs.

1,000

Burge & Kraus

Biddie, Whelen

and

is

purchased

to

Higginson Corp.—
15,000
Brothers.35,000
Carl M. Loeb, Rhoades &
Co. —;
-——4 i: ,3,000
MacKubin, Legg & Co.—;,j; 1,500
MacNaughton Greenawalt .
1

2,500

A. ,G.

.

in the 12 months ended Sept. 30, 1946 (1945, $423,371).
resulted principally from non-recurring deductions Of another

$156,113
-tWhich
,

1946,

September,

3rothers_______

Baleman,

body divisions; $115,000,000, or
19%, to
the parts .and
.divisions; and the remainder of $80,000,000, or 14%, to'the
household
appliance
divisions,
general
engine divisions
and other
miseeUaneous -.operations.
"
J'
t.
\

.$578,430

.

agreed

Lee

Ball,

in

accessory

Applicable to

severally

Baker, Weeks-& Harden__

expendi¬

equipment

after

$12,928,220

Lehman

,

changing
right to

that

and

to

"No. of Shs.
44,000

other changes in the

"estimated

now

to

the

reserve

outstanding

be

amount

4 •;

"65,000

Almstedt

the
United
States
may
approximate 590,000,000, • of
which amount
$290,000,000 had been expended
through Sept. 30,
1946.
Approxi¬
mately $395,000,000; or "67%*"6r the total program, applies' to the car,

extraordinary

taxes

income

to make such

conform

to

and

must

management

.continue

$1,069,302

■

iEarnings.before-giving effect to
in

.

•program.

-Federal income taxes-

reduction

-conditions

..

in

$Extraord. -reduction
•

-program

-

$95,595

$89,105

income———

Net

is, moreover,

235,850

214,389

-

have

American Securities, Corp.'
2,t)00
Aucshineloss,4 Parker •&,
*
v
Redpath
/ 4,000
Eacon, Whipple & Cot—_
2,500
Baker, Watts & Co.__2,000

'

'Interest

to

stock.
-

for -working

amounts required
business developments.

below

Morgan Stable? & Co.^__

.

.of

named

Ji' C-. Allyn and Co. Inc._v

.Amounts

allocated for each purpose since many
large part on availability of materials

in

•

.

all shares of preferred stock
the new
preferred slock will

on

of

underwriters

preferred

costs and on the removal of government restriction^

on

charges on. the $125,000,000 -of
outstanding will amount to $3425,000.. Dividenii

and the corporation has agreed to sell to them severally in the
respec:,tivevamouttts set -forth below, an aggregate of 1,000,000 shares of
netf

improvement of facilities and services for employees and
of working
capital required under anticipated postwar

"the

issue

interest

annually.

for; its; products,^ tfie.

Remand

annual

^promissory. notps

from

used

the management may determine.

purposes as

anticipated

and

corporation

dvelopment,

$1,229,112

206

4

general

5~li;,243

-

404,397

$120,046

2,559

the

394,358

446,933

-

33,038

$104,365

(net)—

income

Maximum

n6t

sion

288

—-—

.

33,915

.

(Net -oper.

Other

187,482

To

$4,005)347

1,551,302

15,407:

franchise...—

of

•Federal

PROCEEDS—The

.

to

time to

$4,117,810

-"17,041;: 4

♦

Depreciation
Amort,

1946-^12 Mos.—1945

115,536

"159,'471 ' '

——

•Maintenance---—*

Other

-added

$339,239

$380,387

Operating revenues——

'Operation

1

1946—Month—1945

Period End. Sept. -30— 4 '

APPLICATION OF

from the sale of the new preferred stock, ..amounting- to
:$97,755,000 (after deducting estimated expenses of $245,000), will be

^ proceeds

Co.^-Earnings—^

JEI Paso Electric

AND

ISSUE

•

,

Space,and

Watling,

4lhe.-i—ii.-4i— 1-1,000

Johnston,

Lemon & Co...

Lei-chen- & Co.—
44-'

Webster

& Gibson

Weeden

-

1.090

&

Co.,

Inc.-—4,;

Kebbon.
A.

M.

—

—

McCormick & Co,

1,000

& Co.--Kb'kpatrirk-Pet-tis Co.i__iKuhn,
Laird

.

Tbe

30,000
1,500

Loeb «& Co———4*
& .Co.———--4-

White, Weid & Co.—
/15,000-Whiting, Weeks & Stubbs.
2,500-Wisconsin Co.——14
6,000-

2,000

Kidder & Co

Kidder;- Peabodv

Dean .Witter

*

Harold

40,000
v

2.5G0

Bisse'l & Meeds___> 4,000
W. C. Langley & Co._f—
.8,500
L'azard Freres & Co<—30,000

l,50O_
1,0008.50O-

& Co., Inc.7- 1,500'-; -We'sh. Davis and Co.—
Taylor & Co;4_'__
1,500"; Wertheim 8c "Co:'——"—

Kalman

Kean,

6,0001,000.

-

&

E.' Wood

Woodard-Eiwood

Co.—4—
Co..,—

&

&

Co._L

' 8,500

1,000 '
l.OOOr!

Wurts,.. Dulles &,,.Co._4—4 1,5Q0
Yarnall
&
Co.—2,000

Laird,

-

•»

■

r-i'.W; rriy'}

Wbiu&e, 164
■

...

,

,

1'

.

.

<■'

*Nfet Sales.

v'^--y4 ■*,*■?.•$•

!>'>' ,J,'H"1'"i

y.f

1.' " r1

tNet Income

'•

;

See

Kaiser-Frazer

Corp.

I

below.—V.

12 Months

1721.

p.

2,436,800,977

„

——

—

'

'

',

/

.

•

'

Ended-Sept,-30—.i'-1946

earnings

Provision

201,652,508

•■

m

'

•

for

and

.'shares

$1,343,002

810,467.. i

,

retirements.-

.

752,736

discount, premium (net) ii:
iii
V:^ and' expense, etc.,'" Of sQb^Idiaries-i-l.-i--.
ii 82,551
Minority interest
8,004

83,346

amort,

.

r

air

charges hnd
outstanding.

$69,059

$0.36

$0.32

•

provision

for

$207,781
,

' $108

$0.99

/

,

taxes.

489

$0.51

tBased

on

210,000

-

debt

of

1946-9 Mos.-1945

$77,081

per share

now

Chicago—Earnings—

1946—3 Mos.—1945

jNfOTE—Company officials state that the company
est backlog of unfilled orders in its
history.

88,620

1

Oct. 31—.

Net earnings
"After

89,679

'Inter,

. ---

Period End.

-.

.1945

$1,389,619

depreciation

Harrison Wholesale Co.,

.

IncP(& Subs.)^-Earnings— .^Earnings

Operating expenses, maintenance and taxes

i

——

i94i_—

'

1

;

Greenwich Water System,

'Gross

164,

■

19424—

""

1

& financial chronicle

Graham-Paige Motors Corp.—To increase Output—

!;-

i

.

'j- V";

*>

,

2831
,H

- $•
4 '.
238,482,425.
Urr^
JHfe.jiS-i •»I937-f!-—^.—<»•—.»««————.——1,606,-783,941 ■' 196,436,598
1938
1,036,973,000
102,190,007
1939.'1,376,828,337
183,290,222
1940—1
'_
*
'Vi
1,794,936,642- 193,621,721
.

:

■

''',*:*•

^Calendar Years—

■

A;',>!»,■*

»

the.Commercial

•'-«'BALE3^D-.EARNINGS1'"'•';

;

->
i

.-'<

■

■

r»:v.''-.V;
..ft

Wtlthfeei: 4547'

;

has the lare-

now

,

'191946^"
1st quarter
'2d quarter

-1

h

74,950,618

Inter.,

4i7.310,182

§36,124,663
§16,320,573

1—i;' 622,618,835

'

'

---

1,114,879,685

~

,

Net
—V.

§14,012,370

/" *jNTet sale's for the years '1942/1943 and .1944 are before refunds of
^ profits' oh war material contracts under the Renegotiation Act of 1942.
These "refunds, before
credit for U. S.
Amounted to $48,661,545 in
In

194'4

ahd

Included

are

required for 1945.
profits realized abroad
tain

in

1942

1S4Q,

which

fexcess

$28,906,475

profits

19^

«i

tax

represents

Investments

as

follows:

lrl 'the

reduction

a

prevision- for-

1941

in

company

U.

income

S.

and

and

income

offset

to

of

costs

postwar

recon-

It

$45,747,233; 1946, $5,414,450 for' first
quarter; $15;718;473 for second
quarter and $9,171,647 for third quarter.

Output Continues Upward

-

*

,^°ductidn or

Trend—

-

with

4

,

-

-

,

output

for

the

j

,

the

in

9,153
for

for

this

the'

week

previous
to

date

.period of 1941.
was

.review

ber

the

and
the

as

the

week

with

■c

30

; •

'-j;

Truck

&

of

* Included

•

truck

the

in

week

Coach

in

suppliers—the

same

Week End.

Jan. 1 to

.stock

Jan. 1 to

,

7,398

229,908
108,449

216,527
292,842

5,336

127,7.92

1,058

23,385

•

.1,675.

28,529

1,897

41,517

43,127
were

which

969,075
Chevrolet,

producing

for

revenues

the

2,191,767

GMC

armed

1945

$43,775

Period End. July. 31—
(inch leased
depts.' sales)

r

Mdse,

and

'<W .;

4'%-'

1945

>

-

'

^790,529- llv154,431
20,577

surplus end of

274,962

S.

$257,737

2,190,345

$2,448,083
35,294

•

$2;225,639

$2,207,992,

17,647

$2,190,345
taxes,

$2,412,789

interest

expense,

etc..

securities—at

cost__

_i.___._i
(net)Ii

prop.

'

1945 :
$935,169

;

;Trade
U<?:'

and

accounts

Notes

payable

excess

payable
to

and

accrued

The

per

bank

for

contingencies-,.^:
(117,696. shares

Common stock

Earned surplus

no

A

Interest

.42,535

'

4

131

Net

from

directors'
The

1

5,000,000
May

on

>

to

25,

best

•

_.,

2,ai^,7»y
2,412,789

v-;v/ -

/

2)r590,937

Net

of

>

-

'

bid,

of

new

Gross

■

Net

ij; /

.;•

October—

.Gross
Net

Net

1946

lrom

from
ry.

railway.—
railway:.—_

oper.

income.—

From Jan. 1—

.

.Gross

Net
Net

from

from
ry.

RR.—Earnings— rf.
1945

726,377

and

by the

dividends

Mercantile

for

the

based

purchase

on

Commerce

income

^

i

•>

,1

282,471-

•

28,473,000
railway——V
371,615

oper.

income—

164,

p.

*2,262,764
2287.

tr ■■'.•>•,




$3,158,000
>

875.4->0
'

.628,978
.

.?;•

(

631,061.

559,624

'

30,916,000

rate

a

Bank

&

6,368.974

14,124,306

6,694,989

4,332,645-

29,107,000
8,404,383
5,435,345

2,737,441

27,882

25,798

$1,258,070

L/.' <:124,187/.

$580,710
641,179

$19,111

*$60,468

$191,090

<

v

92,843

,

$41,215

1,066,980

....

l4

'

y ■

sh.

of

of

$7,819,612
5,540,810

-A
$630,884
$2,242,702
Dr 110'
20,913
-1.

: /•

$416,7l8

-

$2,279,410

i 630,845

;

$316,718

1*''"t

Ry.
Ry.

,»

710,267

$1,569,143
••

86,862

400,000

$367,100

$1,172,771

$1,300,520

$0.82

.

$2.61

$2.89

$0.70

<

1'

^ p

7

/

■;

$1,572,771

;

268,623

com.-

—

164, p. 1722.

.

Period End. Oct. -31—
"'r

609

yh

$2,263,616

" $453,962

100,000

$2,278,802

,

——.——

per

$8,321,428
6,078,726

1,436,207

.$570,083
■ $630,714
153,365., .176,752

to pfd. stk.

y -

1946—12 Mos.—1945

$2,076,090

Illinois Central RR.-f-Earnings of System—r

[

:; i946-^Mor;th—1945
">'■>

{

^

o

revenues—^..19,568,951

oper.

expenses

15,392,951

■Ry. tax accruals-'——
Equip, and Joint facil.

$

T-1

oper.

f

>

■;

■■-

1946—10 Mos.—1945
n

.

1

■

•

^ \:k"*♦

,

-Ti'l;

♦

$

18,068,690 172,945,213-' 207,681,339
.13,730,820 140,038,462 140,547,975

4,176.000

4,337,876

32,906,751

67,133,364

2,524,122

,

2,729,216.

17,786,964

40,980,026

131,381

113,907

1,997,578

t 2,801,180

income^

1,520,497

1,494,753

23,352,158

pthefincome____——
Misc.'de'ductions-—

i 154,135

,111,743
3,645

13,122,209
1,327,072

45,758.

46,686

(

rents

Trust

Net,

(net Dr)

ry. oper.

inc.

3,428

$462,392".

504,071

6,119,603

1,213,756

82,642

1,008,636

-942,486

128,600

1,648,108

'
-

.

16451
.198,407
199,300 .' 1,713,988
114,495
T;295,473

193,810
2,641,303
'1,336,917

...

$4,772,661

818

31,189

35,494

$397,675

$4,741,472

$4,983,684

62,475

77,147

893,592

.

33,077

$366,899

$5,019,178

947,640

.

297,689

..

After

$320,527

$4,036,044

.3,236,617

2,696,194

528,000

546,674

104,524.

______

effect 'to

tax

reductions

requiremepts__4^_i_l___^

and $611,263 ixv the

12

;

•

months

ended Sept. 30, 1946
(1945,
tThrougn allowance for amortization of emergency facili-.

j

" ;:..'

.

■
Foundry Co.,'

income—

:-r

Yv.y. s

,

-

.

the

ore

with

Scheel, is quarrying the
Wash.,
deposits
in
an-area

Skagit. .County,
billions

of

,of.the
10,000

4,000
tons

Recovery

.

tons.

ore

for

Harbison

estimated

to

from

contain

':V

tons,

more

Co.—V.

expected to. be shipped
have been ordered by Harbison,
are

164,, p., 254G..

■

before

Jan.

according to

HA""

-

14,298,248
,

eight insurance companies for investment.

redeem

$22,157,000 outstanding first mortgage
1961.
The balance of the proceeds will

series F bonds duo
be applied to pro¬
for capital expenditures (in¬
cluding among other things cost of the acquisition of property covered
by Defense Plant Corp. Plancor 266) and for "other corporate purposes.
1,

funds

vide

reimburse

to

the

company

The. property acquired consists of. two modern
necessary coke ovens,; ore docks and
accessories

jacent to

Calls Series F Bonds—

;
;r-

Aii

105

the

of

April

blast furnaces,
and is located

the company's Indiana Harbor plant.

outstanding

19Gi; have been

1,

-

the
ad¬

,

.

first
called

mortgage 3%
bonds, series F, due
redemption on Dec. 27, next, at

for

interest.

and

Payment will be made at The First National Bank
of Chicago, corporate trustee, Chicago, 111., or at the Guaranty Trust
Co. of New York, 140 Broadway, New York, N. Y.
;

the full redemption price, together with ac¬
1946; will be made upon presentation and
bonds.—V. 164, p. 2547,

payment of

interest, to.Dec.

said

of

27,

.

1,

and

United
,

-

baering
and

sold

be

one

to

Manufacturers

year

Chase

Trust

from the
National

Co.,

date of issuance; one of the notes
Bank, New York, and the other to
Interstate also proposes to issue

New York.

first mortgage gold bonds, 5% series, due Jan. 1,
to serve as collateral for the $600,000 of notes.

$600,000
bonds

two

promissory notes, each in the principal amount or $300,000,
at the rate of 13,4% annually, payable semi-annually,

interest

maturing

to

Is

;

approved the company's proposal to issue and sell

SEC has

The

v-•;y::;\

Co.—Note Issue Approved—

Power

Interstate

collateral

quarrying operations ! are the first extensive exploitation
body, it-was. stated-; and 80 carloads of the ore, or approx¬

ore

imately

P.

,

,

.

T She proceeds from the sale of the bonds of series G will be applied

•

is

H.

,,

These bonds have been sold at 100% plus accrued inter¬
est to

Immediate

reported," is purchasing olivene ore, or a form
arsenate used
in making
refractory brick, from deposits
m. western
Washington. United Recovery Co., of Seattle,

copper

Of.

4,882,419

.

ttd;^-PartiaiiRedemption-

Harbison-Walker Refractories, Co.—Expansion—

.associated

•-

.

::

it

10,220,980

597,624

$50,000,000 Bonds Privately—
26 that it has negotiated
through Kuhn, Loeb & Co. the sale of $50,000,000 2.65%
Series G bonds, dated Nov. 1, 1946, maturing Nov. 1,
1976. Interest payable semi-annually May 1 and Nov. 1.

/

company,

24,519,228

9,521,104

Inland Steel Co.—Sells

Surrender

The

14,403,523

1,005,227

The company announced Nov.

crued

-

1,602,851
.

732,727

164, p. 2547,

April

$3,550,191

$2,708,617^ $2,149,519
extraordinary reductions of $33,077 in' September, 1946 (1945,

buipey'

—V.

to

in¬

gr/mg

938,477

1,537,969

-

$398,493

1

fixed

for

charges__i.___—

-

Net

6,560,443

59.

T

—_

Fixed

,

16,776

190,033
i09.158

avail,

1,671,204
1946—12 Mos;—-1945 ;

reduc-

"Federal

,*' Present
29,614,000,

$1,232,272

5,221

$143,298

1,582,044

•

a_

stock

;

of

If
.

: '

19431;-

$3,969,713

$1,443,751 $16,756,876 $18,232,107

76,476-

tids;-^V.: 164, p.-2154.,.:.*.^

1

$2,974,000

891,686

;

\'f

•

Earns,
,

Co.—Earnings—

1946—Mcnth~-1945

$1,513,465
515,297;

amort.___

ueiore

of

1944 -f

.

$3,172 000

621,341

railway^.:.

♦Deficit.—V.

•

$3,687,000

" *

-

$552,828

..

1946—3 Mos.—1945
:

•

banking and investment
bid

Gienmore Distilleries Go.,
Louisville, Ky.-rListing—,

Grand Trunk Western

Ntos.—1945

„

$3,144,089
.
2,591,260

$138,076
-

$2,150,467

___

deductions--

Balance

; ?■'

dealers,

others to

on Nov. 20 that
the New York Stock .Exchange h-rs
admission to dealings at a later date
940 858
shares of $1 par value class B
common stock.—V.

>)

bo

Co.—Earnings—

deductiohs—__

it Was anhouhced

'

of

will

2154.

p.

income

Income

equipment.- '

states:

and

99.788

.

taxes

$1,339,850),

^

164, p. 2546. ~

164,

revenues

Divs. applie.

Open Bids Dec. 10—

Applicable .-tor-iqmmon ,stock*.
*

2,190,346
vi 590,937

f.-VV

'

$134,058

"%■'-•'■->
pi:
■'■.:■■:/"" r'
Net
oper.
revenues$568,423
Other income (net)—_
1,660

"rVr;-' approved for listing and
t xt-.

$130,790
3,268 '

*

1-

,

143,333

income

$10.4,524)

; -

$4,461,247

,

—

Idaho Power

164,

'

t^hs'. in

70,000

'-•

$4,619,934

purchase

proceeds

1946—8

•

$505,755
367,679

-

$4,592,410

securities

-

Preferred: dividend

>'•555,145

.

'

.

revenue

Operating
Oper. rev.

to

being required to specify the rate of
thereby.
In
response
thereto
3
bids
were

made

was

'tExtraordinary

260,000

■

for

the

"

* Deficit.—V.

•

15,000,000

1946.—V.

;

656,695

30,000

of

.

from oper.__

rev.

Net

expended

Ltd.—Earnings—

$438,381
> 307,592 :

:

Deductions
.

pro-

plan

.I-

-Li 83.452

872,938

70,000
555,145

"

from transp.

rev.

Net

be

balance

1943—Month—1945

Rev. other than transp._

bidders

borne

revenues-l__ a

''

.280,000

.

'

Period End. Sept. 30—
the

'

cost

companies,

Special' charges——

348,559

i^Yw

i;

shares

.

the

be

and

310,000

at cost)-.__:____i.
■

;';.

to;
all

$462,451

1,300,142

Earnings

—W_AA

'Total

X»-V. 160,; p;. 223;

t'

Trusts Authorized—

< Net.oper. irevfenuesA-i
.Other, income (net

*;

_

will

The

trahs-

operating Expenses

10 on $3,600,000' equipment- trust
installments up to 1959.
Proceeds are to

the

taxes

$4,461,247

par-

:

^Treasury stock (47.108 .shares
.t-: i-

return

and has been accepted.
On this basis the average
^iftnhual -costv df.^the ;proceedS vth*the Applicant "will be
approximately
2.03%.—V. 164, p. 2287.
•

$1,040,006

.

_

Peserve
•;

of

invited

annum,

$960,D00

liabilities

$15,000

production.

.

eliminate

stock.

common

'•

annual

insurance
to

come

——
profits taxesL____

from

rev.

portation

<

"marked

a

i.i 712,791

81,871

other necessary
printing
shop
available and has been located for

Honolulu Rapid Transit Co.*

—V.

certificates,

.

income

in

80%

Amort, of plant
acquisitionu adjustments—^
^Federal income -taxes_-_

less

1,008,600

LIABILITIES—

fotes payable to> banks..
ederal

up

$4,619,934

-

magazine

and

now

working capital.—V. 164, p, 2018.

•

Period End. Aug, 31—

Gross

bids Dec.

Open

Depreciation

'

515,100
978,306
1,405,48.9
23,661
368,112

___

folder,

Approximately

for

paper

used.for

'

Other"

$1,247,394

cutter;

paper

'purchase.

•

the

on

development

linotype

machine,

equipment, which equipment is

,

to

in

capital is $105,000, which shall
preferred stock (par $5) and 30,000 shares
;
.

stated

is

item3

authorized

shares of

$1):

(par

interesting

which

type1 of

company

would

-

Maintenance

$2,190,345

1946

hand___.__'____

on

__

W

the

directors' meeting

Gulf States Utilities

;

-

>;v

of

common

a

Period End. Sept. 30—

Total'

XfYt

split-up

-

company will

operating,
Pperation

;-

excise

.Miscellaneous- investments-; etc.
Equipment and imvpts. to leased
£■ Deferred charges

v-

the

"If

15,000

other

'

35,294

-

•Inventories

this

Greyhound's

levels

expense

report of the Commission

2,077,436

etc.

Government

whether

the

also

PURPOSE—The proceeds from this issue will be used
by the company
follows:. Approximately
$20,000 for the purchase of
machinery
will
include
automatic
self
feeder
printing
press,

as

;

$148,152

-Accounts--receivable

-

•-

,

,

applicant

2 %

252,709

2,lSd,4l6

$2,412,789

state

in

■

received.

26^48

$17,576

■

$2,430,436
17,647

;

to

as

,

promote"

of

common

and

The ICC on Oct. 31 authorized the
company to assume obligtaion and
and guarhntor/ in respect of not
exceeding $2,400,00Q
equipment-trust certificates, series C, to be issued
by the Merchants
National -Bank of
Mobile,: qs trustee,, and sold at 99.788 and. accrued:
dividends.
*. - .' '
"
'
',

the

16,185V55S

10,985

»

3,101

2,368,776

•Net^ provision for

C.

103 4*8

Continental

11, 1946, which reported
load factor, and said that a

The

$4,831,784 $11,698,117 $10,613,270

$61,659

ASSETS—
•Cash—demand deposits and

f"f-

at.

the

or

held.

now

doubt

to

The

CONDEKSED BALANCE: SHEET; JULY 31

X*i

next,

York

liability. aS lessee

■-

■

■

'>

concerns,

72,481

,

ohe

present

authorized

due

1946—12 Mos.—1945*'

share

per

■

CAPITALIZATION—The
consist

of

Co. of St. Louis, Mo.,

surplus

Interest income,

*

a

decline"

Equipment

„

.

perlod

Cy

New

through stock issues.

way,

originally at

to

v

----r———•

Earned

'

of

,

5,429,226
21,587

pividends

*,v

the

dividends

.

each

way

three-for-one

a

certificates,

•

T°,tftl,

Bank

Gulf Mobile & Ohio RK.—To

$1,890,442

cents

information

flying machines and
transportation by air.

of

•

$5,584,955

.

"sound

r

-

The

,

5

&

new

from

Guardian I^Sfe- Insurance Co.; of'
Apiftrlca—Obituary—
Curtis Robertson. General Counsel of
this-icompany; died* on Nov. 20,;

^

■

^and expenses

Net income
Previous earned

Com-

redeem

.

1946

-1946—6 MoS.—1945-

•Income charges (net).
federal incolne "and ex-<(
cess profits taxesl^-L

4:.^

;i

of

.

.

Truc^i

services

$2,079,238

$46,150

costs

oper.

for

load ' factors 'at-

2287.1

,p.

of

and

made

was

2691.

-Net -sales

■IS

to

debentures

Greyhound letter of Sept.

increase

-—Jan. 1 to NoV. 14—-

Gilchrist CO.—Earnings—:

3%

in Brooklyn, N. Y., at the
age of 47.—V. 164, p. 2154.

1946

\xfM

Commerce

corporation

of

cindustry;'" the trial examiner's report said.
On July 9. last, the stockholders had ratified

•

•

City

stock

that

Continuing

.posal

Corp.—Weekly Output—

Week End. Nov. 14

p.

the

1

.•

trucks

are

Canada

Period—

164,

Interstate

of

lead; to deficits' in many operations.. The same letter
.,\p6itited* Id-.'-thfr^possibUity" df; -a' "very difficult period ahead for the :

56,086

1,983
*98,319

43,030

a

profit

1

1,961

itself

iprewar

*96.261

80

1,495

of

iahd

■\

265,415

90,796

77

'

Operating

the

$10,000,000

•

-

a

finance

—V.

National

common

is

dividend

of

quoted

•from

*285,502

Georgia & Florida KR.—Earnings—

■

.

history of stable quotations is desirable,"
he said, pointing out ;that between
July 17 and Sept. 24, 1946,. the
•market price for Greyhound's common stock
fell from $47.75 to $37.
:
In addition,
Greyhound itself "does not appear to optimistic about
its earnings in the immediate
future," he said. The Examiner

The electric output of
this company for the week ended Nov.
22, 1946, amounted to 133,316,213 kwh., an increase 01
kwn.,
pr 17,3over,the corresponding week of 1945,—-V.
164, p. 2691. s

'

,

,,

HISTORY

-

1946,

paid

split

finance

and truc&

c.v-

i

the

policy of financing itself

:

4,487

General Public Utilities

f

that

20

application

Mr. Fulton's report'expressed-

^

I'..:.

■U

the

' outstanding

its

31,

at

shares, of
v

Nov:. 23, *46 Nov. 22, '41
15,144
315.225
878,832

III 1941.—V. 164, p. 2691.
-

1,

par value common stock so that the stock could be
split three
one when added to
the 3; 110,030' shares now
outstanding:" Each
shareholder would be issued certificates
representing two fully

num^

1,809

1

GM

and July

.no-

not

4,442

-

these, totals

and

Nov.

on

approved

National

extra

BUSINESS—Company was incorporated in New York
Aug. 31, 1946, to carry "on the business of
publishing, printing, binding,
,buy and sell generally as publishers and
printers, dealing in books,
: ■making pamphlets, leaflets, and papers and to
copyright the articles^
stories, and discussions appearing therein; to sell
advertising space in
/'such magazines, books, and other
publications and to engage generally
In the business of
printers and publishers but especially to
publish and
sell the magazine
"Helicopter Digest," which name has been copy•righted and which magazine will deal with the

the

ior

under

1,064

Canada
r*

31,
The

on

.

*

^
production' had

strike

GM

among

'

w-.

.

Coach:

;:r-'-*£■ VC- '•,

1946.

share

Bank
Trust' Co., ' Chicago,
111. ' Fuiids tor the
.-redemption will be provided from treasury sources. ;:
•
It -was earlier announced that
ICC; Examiner ;W.; L. Fultori Has,.
recommended that the Commission
denyj the'; corporation's application
for a three-for-one
split in its common stock, due to uncertainties
about
the .company's future
"earnings.
<'■ ■■
;' '
(y
The corporation; proposed to "issue 16,220,060 additional Share's of

with

4.292
'

-

&

0;;

coal

compared

4,489

—

Total U. S. <fe Canada
il-x

and

car

>

.

7,753

Trucks-^v-.—«.,,
V;

"

16,231
'

_

t 'Coache*',--«L_----_---fesi,
GM

r

,

out

5,917

GMC

14,

per

^

Nov. 23, '46 Nov. 16, '46

Cadillac-

0'

S.

previous—were not seriously hampering production.

_______

Oldsmobile

p

/

current

•Buick

'

Dec.

.

output of trucks by GM
with 383,746 for the same

strikes,

Pontiac

d'y '■■■.

turned

U.

Week End.

4'-;Truck

record

$1.0644
Dec.

.

a

units

compared

GM's

the

ibhevmlet-ipassenget
■'■ (4Si

also; showed

9,639

of

*

-

fr-'Yv.

General "Motors

-

Total

T

that

by

*S '* ^kulertiori .of production figures for1 car

Mwst
i

effects

that

of

share

per

of

payable

,

260,398

,

pointed, out

felt

yet

S.

week.

is

-

U.

#

It

announced
has

.Illinois

-

in- the

Nov.' 23

year

to-holders

$1.50

dividend

both

,

Truck production
rise

was

-interest

-

Nov. 23 week wa$ -approximately - 80% S of. jthe
average (Weekly production rate
maintained during the 1941 model year.
For
the year to
Nov.
23, General Motors has produced 665,647
passenger cars in the United States
compared with 1,709,702 for the
same period of
1941,

/

of

quarterly

-

,

Its

.

The

surplus

dividend

a

usual

preferred stock,

1, last, paid- a dividend of $1
against 35 cents each on April 1
quarter during 1945.
».

each

vVV;,'

of 5 Cents—

an

dividend

Helicopter Digest Publishing Co., Inc.,
Rochester, N. Y.
P. Hunt, Rochester, N.
Y., re¬
cently offered 10,000 shares preferred stock
(par $5) and
'•10,000 shares common stock (par $1) in
units of one
"share of preferred stock and one
share of common
stock, at $6 per unit.

.treasury sources. The debentures were sold in 1944 to provide funds
,for postwar capital improvements, but were never used.
'■ V'v;
r
The directors on Nov. 25 set the date'of Dec.
31, 1946 for the i:e«
.demption of $5,000,000 of the
presently outstanding $10,000,000 of
.3% sinking fund
debentures, due 1959.
'
'
?
The debentures will be redeemed on Dec.

total, output

week.

the

as

$5,OOO,OC0' of

passehgefr"

continued

a

declared

and

cumulative

Oct.

on

mission

■

cars
by General Motors in the United
steady upward trend in the week ended Nov. 23
of 31,993 cars, or 1,526 more than the previous
postwar weekly record of
30,467 cars which was achieved the previous

iStates

in

directors

stock

earned

stock,

declared

quarterly

v

$186,272

Redemption of $5,000,000 of Debentures Approved-^
ICC- Examiner Opposes
Split-Up of Common Share's-^

•

1945,

year

the

4'A(/e

out "of

common

resulting frdm the write-off
and enemy-controlled countries,

enemy

to

yslncludes credits restored
iversion

a

25,
on

have

regular

f—Stock Offered—Frank

common

share

per

exist.
tNet income
special nature totaling $31,129,475,

225,498

$177,421

1208.

p.

Nov.

the

on

tNet income after
but not remitted to the United States from cer¬

includes income items of

164,

•

221,497

,

income

On
•

$61,700,000
No refund
taxes, -etc., and excludes

'■

(net)

the

l2ya cents per share on the
common stock, both
payable Dec. 16 to holders of record Dec. 5
Like
amounts were disbursed on
Sept. 36, last.—V. 164, p. 1208.

'

Greyhound Corp.—To Pay $1.50 Common Dividend—

profits taxes,

excess

foreign countries where.exchange restrictions

Tor
of

and

income

"^

$64,600,000 in 1943 and
other costs of-doing business.

.1942,

was

.

amort, of debt discount,
^premium
and expense of
cdrporation-.i-.-,.-^.—

533,816,460

■

•_

__

4

'lst"0 months

J_

:

_■

'3d quarter.—

The directors

y-and

$411,770

*

To Pay Extra Dividend

; '

6,530

3;i27;934;888 8188,268,115

-

•

1957, which

are

of the proposed issue and sale of securities will be
applied
toward
the
financing of Interstate's construction program
and to restore current working, funds which have been reduced below
^

f

The

normal

pp.

proceeds

requirements

2196,

2154.

in

order

to

finance

new

construction.—V.

'3pO:PPp-pP-py:::::':-:P'P'

164,

i'k .

2&32

'

"Iff ■'

v.*.

•j.v

,

''VV

v

>

•■IV'7'

■<■

:

International Ry. Co., Buffalo, N. Y.—Earnings—
<9 Months Ended Sept. 30—

fltetal

'©jtfal

expenses

L&JJ.

*-*': $8,736,131
6,769,933

iJS^reciation
tF*n©v.

for

<qount

(Cr»

rail

bhs

and

costs

pavipg

on

$8,385,148
6,304,170

V

196

'

ac?

210,000
11,040,715

w--———

$100

®Tet

operating

income_—

'

:

>

$76,431

*$73,09714,828
258,007

:

—-

,

transfer

The

:

>

Commission

$345,931

tokens

fltare

these

In

Buffalo

in

cities

mission

and

and

Public

Period End.

Niagara Falls,

registrar for 70,000

Service

Sept. 30—

Ltd.

sale

$155,555
19,027

—

Waxes
accrls._

res,

'.

240,485
140,423
121,250

53,000
9,166

•

4%
-V.

.

GIVING EFFECT

;.

each

six

incl.

second

CURRENT

TO

months

1948

4j/2%

203,451 F-

$100)

A.

income—

oper.

-tY'l-V

i-

".•/

$41,811

(net>—

ik.

Net

$439,325

$393,927

Dr250

.-Prl^4,.

Drl,700;>

,

<: —■

f

tGross•; income
Sucome

$31,930

,

$40,046

deductions

7,790

income

8,399

101,727

$32,255

$23,269

$347,344

,

$10,000,000

;

,

,

ment,- dated

25,

with

"'*J;-P.; S. Co.,; Ltd.—Preference
Preference shares 4'B":;

shares

25,067

—

—it

8Q.416 '
91,800

three

Ha*.

interest

Nov.
6.

•cteired
.

the

25

A

the

the

on

directors

common

quarterly
same

declared

special

a

dividend

of

85

of

!

issue,

of

cents

60

is payable

share,

per

the

on

previously

date.

same

On

de-

'0

Sept. 20,

and, in addition, on Dec. 20 of the
,distribution of,50 cents.—V. 164, p. 2692.

same

made

year

corporation

and

Graham-Paige

18£000

cars

said

currently

that

Motors

tops

220

Graham-Paige

Rototillers

in the eight
farm tillage machine

tetionary

Corp.

will

/

1

r» A r%

% 70,000

shs.

Estd. net profit after all
Shares outstanding

1,199,520 shs.

*

banking

institutions.

60

months

since

under

got

turned

out

production
On

way.

more

than

the

revo-

of

this

line

of

4.—

Under

as

the

terms

board

of

the

of

directors,

of the

#V<*

«

.

loan

.division

assembly lines.
said,

the

Willow

Run

z

*

with

Graham-Paige
combined

a

of

their

have
net

than

more

worth

of

4,300

the companies

in

Sajge

third

.dealers.

tttler,

weeder

;•

iteactor-drawn

the

has

farm

machines

been

cotton

equipment

employees at not less
price of such stock at the time

200,000

shares

have

with

been

sold.

implements

aiear future,

N„ Y.

Minnesota;

Star

homes

broken

which

will

will

soon

at

Citv

recently

Co.

subsidiary,

Ltd.,

in

reserves

sole

Pulp
to

access

Ontario,! Canada.
owned

and C

It

the

Bonifas

Mich.

A

f

Power

is

company

ior

putting Grahamin the number of

field

the

to

:

is

planned

from

Long

to

Lac

of

«

A

line

complete

ready

for

marketing

of

&

Wis*

of

the

access

operations

The

the

Lumber

shares

The

construction

of

the

first

of

2,500 %

Co.

its

of

Co.

Ltd.,

used

owns

and

subsidiary^!;
sub-

owns

wholly-

first

of

Series
of

Co.

purchases

Pulpwood

1946'

another

wholly-

In

Supply

Canada.

Co.

<

Ltd. '

B-2

certificates

Boston.

of

Offering

participation.

price

will

be

Nov.

19

declared

quarterly

a

on

p

sold

to

.Sept.

was

14

amount

made

and

and,

in

of

cents

addition,

Kimbeiiy-CIark Corp.

the

extra

an

of

40

cents

was

paid

—

added

the

to

proceeds

(estimated

corporation's

Sept.

corporation

completion

for

30,
the

in"T949,

1946,

the

purposes

were

at

general

the
of

''

•;■'

financing of the additional
poration and its subsidiaries.
As

The

amount

■

of

such




at

and

and

are

used

in

facilities

//;

proposed

to

connection

of

the

funds

program,
a

to

cor¬

be

supplied by
which is planned

maximum

of

$21,500,000.

of

its

'

50.12%

common

of

the
for
In

'

"

reed,

"Star"

of

and

Electric Corp.—Note Issue Ap- V
£

Total

of

la/4%

per

annum.

Such notes are to be

was

first

the

of

others

will be

that

825,269

1,510,419

2,644,336

4,755,445

4,242,940

4,881,982

6,296,026

Inc.

1946

240,801

113,877

•519/107

'381,208

Lumber Co.

21,500

;

am|Nor|hfg/

'2,153,756

'

.!
.;

.j

4

f

Star

Timber Coj

ings

(net)_--___*-J-r:;. Dr47,616"T Dr94,026
1,567,946

""Includes

,<

and

undertaken

a

PROGRAM—The

major

the

it

expansion

and

The

its subsidiaries

total

approximate

have

cost

is believed, will be about $40,000,000. At Sept. 30,
had expended in excess of $4,500,000 of this

from

bank borrowings

its

general

notes.

corporate

which

are

funds, and $2,000,000 obtained
convertible into serial 2% collat¬

:r >
<»• \
;•*;
Upon completion of this program," the productive capacity of the
corporation and its subsidiaries will be substantially augmented. The
.

•

taxes

on

'

....

.

.

-ioije..-!

■

..

1

$1,358,615
1,144,020

Dr$154,95l

income

for the nine

$214,595
1945

months' period of

in

as
higher accruals were recorded
necessary.—V. 164, p. 1724.

that

period

1946

Sept. 30—

have

than,

•Earns.—
r

1945

•
,

222,576

325,368

Total

gross

; :

earnings

Maintenance

$10,728,354 $10,228,213

•

and

-V.

164, p.

349,076
> 570,244

•

791,413

-

:•

716,426

-

1,060,463

84,660

on income—!-^—--liii.**
other charges
—

■

I

.

.

a

;

'

$1,104,065

1,085:769

1,085,766

$230,354

$18,299

V'-'r

-Registers with
'■>■'■"

"

filed Nov. 21 with the SEC a registration statement
covering a new issue of 24,300 shares of additional 3.20% convertible
preference stock, series A (par $100). Union Securities Corp. is named
as
the principal underwriter.
The purpose of the contemplated issue
is
to
Increase working
capital and proceeds will be available for
and
general
corporate
purposes.
The dividend, conversion • rights
of ■ concall iirlc^ will be identical with those of the'85,700 shares
the New.
vertible preference stock already outstanding and listed on
York Stock Exchange.—V. 164, p. 2549.
/
I !■
company

-

f, 86,648 }'

$1,316,123

Minneapolis-Honeywell Regulator Co
The

!

■

:y,*'-761,96»

1724.

SEC—

'/>

?

566,494

than Federal taxes on income--

^axes

Federal

-

/

—

^

6,295,7591";/

6,838,991
i
414,247 I

4*''<

Depreciation
Taxes< .p^her

Drl4L84loc»"}cJE>«I4,386

corporation

amount

eral

program.

'

792,098 :

2,422,327!^2,399,636

*2,446,599

corporation

1,619,689 I

1,652,474

—

$154,628 1-ehresenting unamortized bond and note expense
on bonds retired written off during the ydar.

these projects,

1946,

■

1,106,350

1,810,984 I,

$1,497,523

preferred shares

3,640,000ii)i4;13j0»000 I ■■'. Consolidated balance before dividendsPreferred dividends
!■: t .VftaqmoD &
t(,
<!■ .WnVlAuJ
haS .08.v''.
Consolidated balance
!?„■ ;h 'gij'ijitoX ■1W'" •r.

premium

EXPANSION

of

ear^

income

-

7,804,675

1,106,350
1,875,880

operating reyenue,——;*~- $10,402,986 $10,005,637

Interest

-A>88^608
128,272,4ih fi 1'44,076

656,269 a

20,265

914,918

prof.

t^.f«
Equity in Wm., Bonifas-g

Net

150,000'
•'•brtii' '!'!!■

-■■;

charges__

exc.

& 8,969,365

li*,

Operating costs
-

.

income

^

$15,349,090

Massachusetts Utilities Associates (&,Subs.)~

!

410,868

699,044

,

»r.

856,680

9 Months Ended

•

81,102

151,226

166,875 I "

,

405,411

780,014

105,153

'■

^

Federal

proved

^

con

*« ***« .W

..

155,853

$16,553,935

Other income

.

V1-*

*

Gross

780,014

>

;

1945

-—

reduced

I.

370,866

^

;
'

$15,193,242

252,675

Consolidated balance

been

'■

■■

.

Subs.)—

$16,301,260

earnings

gross

later

stk.
Falls

,

trust

and

;

'1

6,751,061

pfd,

.

4

Sept. 30—

Consolidated balance before dividends

3,790,332

2,394,062

on

t

on

revenue—

Preferred dividends on $2

1,533,238

I-

-Spruce

|

-

?s,

>

•Federal taxes • on income—.——«* !■ 1,321,234
and other charges-—
843,826-

'

1,671,427

drilled

Interest

M

operation.* I

'

:

p

Their home office is in Loa

Depreciation
—
Taxes, other1 than Federal taxes on income^—

ANR SUBSIDIARIES)

^

''

\i

t

repaid

Corp.—Completes New Well-

Operating costs .^*_^->.__*i*-*-------i
Maintenance

'SK'^ "iT

s

fI' v""

Phila-

the

■■' ■■- ■*

(CORPORATION

;

^

$30,390,860 $56,882,245 $61,330,541 $57,488,294
24,527,193
45,573,391
49,281,156
45,413,663

for postwar

Other

■

""

Massachusetts Power & Light Associates (&

stock interest in said com-

s

sales—

retir.

S;

1,164,443

lease held

9 Months Ended

ownership

the Washington

INCOME

through

additional

estimated

$6,864,565)

funds

plants

1 S

1,926,796

product, Macmillan Ring-Free Motor Oil.
Angeles, Calif.—V. .162, p. 3075.

market and
its
general

tingencies

Preferred Stock Offered—As

■*■•

PURPOSE—Net

with

continue

Contrib. to corporation's

on

our issue of Nov. 25 a group headed
by Leh¬
Brothers, The Wisconsin Co. and Hallgarten & Co*
on Nov. 21 publicly offered 70,000 shares of 4% convert¬
ible second preferred stock, cumulative ($100) at $101.50

he

minority

publishers

OP NET

from

' Pro v.

man

-share.

a

1Pa*er cf0-—

noted in

a

owns

disct., etc.

'

cents on June-15.
Payments in 1946 will
$2.85 per share, as against $1.40 in 1945.1-—V.
164, p. 2155. '

to

through

^n^and'amortiz. oTbdT

!•

80

one.

controls,

sales

Profit

-

.

of-50

5,170,129

income

Divs.

\

dividend

5,359,826
1,868,199
1,124,390

'

I

by his company and Mr. Murphy. !
,
The corporation operates refineries and sales offices throughout the
United States and has an international distribution of their featured

been-produced

the corporation.
depending upon

expects, to

and

Macmillan

440-acre

,

Deprec., amortization &
ordl ,obsolescence
'',;" Sell., gen. & adm. exp.

■jk r share and an extra dividend of 25 cents per share on the capital
^Lack, both payable Dec. 14 to holders of record Nov. 30.
In each of
ithe three preceding quarters, a regular distribution of 30 cents per

fihare

by

year,

June30/4d6

,

Widend and Declares Extra of 25 Cents—

4,774,707
1,118,847
757,069

I

s

for

operating

jKeystone Steel '& Wire Co.—Increases Quarterly Dion

to

has

rate

Other

Cost rof

Under-

based

110,768

Webster

Mr.

a

"

■

registration statement with the SEC

164, p. 2547.

The directors

controlled

year

balance

the

Gross

from
•

The

corporation

delphia "Inquirer,?'

mortgage

Y" "" t0 12:00 N°°n' EST' DeC'

111,678

188,095

of a. high production well in the Cotton Valley field
parish, northern Louisiana/ testing 51.8 degrees gravity
hasi been announced by Alfred Macmillan, irt charge of the Geological1
and Exploration Division of this corporation.
C. H. Murphy, Jr., who
is jointly associated with the corporation in this well and who will be
associated in future developments of this lease, handled the drilling.
!> The potential of the flowing well was estimated at 1,200 barrels by

substantial part of its pulp -wood requirements
acquisition of additional reserves.
The amount
will continue to depend upon market and other

corporation

"Times," which

$36,000,000

105,273

% $514,047 ""

The comoletion

.

of

Co—■Tnvitpr^fnr! ;CPany, purchases the largest proportion of its newsprint requirements
Dias lnvitea ior
from this company.
Most
of
the
remaining newsprint production

of

1944

$551,093
192,850

14 approved the issuance a,nd

Macmillan Petroleum

wholly-owned

timberlands

to

at

the

is

'

,

common- stock, Spruce Falls power and Paper Co. Ltd., an Ontario
corporation,;;, which cperates;, a completely integrated newsprint mill
at^ Kapuskasing^: Ont., and has access under Crown agreements to
extensive pulp wood limits In the Province. Said company furnishes
the corporation with most of its chemical pulp requirements in
excess of the corporation's own productive capacity. The New York

be

inviting' purchase

Keystone

'

such

,

Liffht

a

,

1943

1945

$571,969
179,414

Dec. 31, 1949 and Dec. 31, 1950, respectively. The proceeds ol
notes, together with other available company funds, are to bo
additions to utility plant.
The issue and sale of such notes
have been
expressly authorized by the Pennsylvania P. U.- Commission by order dated Oct. 28 1946.—V. 164, p. 2410.
v--.'.--'

(Mich.)

Another

through

interest

« L;igm A,0.

The company on Nov. 21 filed
100,000

Canada.

or

from

The

Keystone Custodian Funjs, inc.—Registers with SEC

writer,

owned

varies

conditions,

Net

ter

.

by equal annual payments in the amount of $450,000 each due Dec. 31,

Ontario corporation, presently
limits
in the Province of

Paper

also has

and

conditions.

policy of purchasing
notwithstanding the

35

in

properties

other

SUMMARY

•nu^rket.—V.

?

1948,

corporation,

Ontario.

(Wis.),

Co.

pulp

Pulp

the

merge

Minnesota

purchased

multi¬

loader, a sub-surface
vegetable thinner^ a sugar-!!

be

will

&

SBHfWpay24ir Y°r-'

$0.8$

sale to three Phila¬
delphia banks of promissory notes aggregating $1,350,000 and bearing

.,

JRwrcnase Of Bonds and Preferred Stock—
The

236,761

v

2693.

The SEC on Nov.

Michigan

in

wholly-owned

Ontario

an

Province

Wood

extensive

Canadian subsidiary,

Michigan,

Westwillow,

veterans

v^iiy rowei

286,373

split-up Sept. 11,, 1946' earnings per share were
outstanding.—V, 164, p, 2458.

1946

proved-**

,

',

\

.

timberlands

own

William

Marenisco,

Timber

timber

(Minn.)

an

,

Kansas
jvansas

223,000
$247,553

v

*$1.20

Luzerne County Gas &

wood

,.

comprise

War

Run.

v

32,146,000 kwh., as compared with 23,307,000 kwh. for the
corresponding week last year, an increase of 37.9% ,
Output for the 52
kwh., as compared
a decrease of 1.4%,.

Corp. of Canada Ltd., a
operates a mill} at Kapuskasing,

and

cell^l^se wadding.
Co.

addition,

mill

saw

a

In

>

Canada

owned

a
community for employees ;"
given the first opportunities
:iO buy the homes when they are completed.-—V. 164. p. 2288,

Willow

at

220,000

totaled

Kimberly-Clark

;

owns

Timber

$185,000,000 ex-1
service facilities!;

addition

in

attachments.

v. '■

was

"

605,553
135,000

Louisville Gas & Electric Co. (Ky.)—Weekly Output
7
~, CUU ,
li.
V
^ loim

owns

~

subsidiary Pulpwood Supply Co. Ltd.,

Discussing the production outlook, Mr. Frazer said the two com
dtapies, by adopting an aggressive policy in their search for materials,
Jhad obtained, an assured supply of steel.
'*
ground

1945

$7,665,610

^

addition

other

has

manure

chopper,

Rototiller

organized,

include,

tractor-mounted

a

and

3,400

in

Jarm

two-wheeled

a

©aoe

place

Frazer

Rototillsr,

purpose

>•■'

$10,229,331
577,879

,v

—^

■October—

.

oi

4946

•

charges and taxes-*,$357,879

$

and

for

organization

,'■/?

and int.—

1%

equipment,

dealer

»

.

■

the

agreement

y* of

wholly-owned subsidiaries,- • WiUianr* Bonifas Lumber Co.

operates

press

distributors

than

more

investments

lEbese distributors

2,100

Lehigh & New England RR.—Earnings—
v

into those of
Long Lac Pulp & Paper Co. Ltd., and then dissolve 1
in new buildings and
Pulpwood Supply Co. Ltd. and Pulp Wood Co.
dealers, he added, have placed firm orders with I
;;
For many years the corporation has purchased approximately 50%.'
1,033,011 cars.
•
'
'
'
1
\
of
its
Mr. Frazer said that for the
pulp wood requirements in the open market, principally in
Graham-Paige line of farm

.olupive

1,200
1,200

Co

—2

large manufacturers,
It
Neenah, Appleton, Kimberly and Niagara,

at

Falls,

North

Upper

begin
operation
of
21
additional
body presses with
ranging from 350 to 900 tons, producing fenders, hoods,
floors, roofs and quarter panels to supplement existing press capacity.
Discussing sales prospects, Mr. Frazer pointed out that Kaiser-;!

,tellers

mills

and

will

and

the

competition

Niagara

Two

capacities

SRtazer

in

operates

stantial

body

of

none

and

•

officials

and

and

companies began their second-year of occupancy of Willow
®un,
the second
body-in-white assembly line
was Ibeing
put into V
iteration to keep pace with the increasing tempo of paint, trim,
company

-y

4,200

cents on 572,748 shares

to officers and

current market

wholly-owned subsidiary, Ont* which manufactures

the

January,

2,100

&

,

offered, in the discre¬

the

one-half

and

month.

said the companies' immediate objective is to increase
improvements in the two present four-?•
deluxe models without design-changes.
A five-passenger coupe, Mr: Frazer
said, will be added to the line
te ilate 1947.

•

Wertheim

1,200
;

This

first

commitment commissions of

a

products,

farm

MiV Frazer

«y

After two-for-one

—V. 164, p.

dayV^^

a

had

ca^put and to make constant

final

4,200

"

idwor

and

Hopwood

4,200

Earnings per common share-

by pledge of an equal amount
mortgage serial bonds, and such
security for the temporary notes prior to

2%

demanded

1947.

of

than

continue

^equipment, he added, Graham-Paige made $135,000 profits last

Aa

&

Barney & Co.--j.-Anthony & 'Co.
Watling, Lerchen & Co

Estd. provision. for Federal; Income
taxesUf-ii
Estd. provision, for excess
profits taxes,.**—.

copartnership formed in March, 1872, with an initial subscribed capital
of $30,000.
Corporation conducts an integrated Dusiness of manufac*
turing and selling white papers, cellulose wadding and other allied

Frazer

Jaffray

-

,-Special

and

Tucker,

'

■

sidered,

Frazer

•

2,100

,

■tewst their shipment of new cars from their Willow
Run, Mich., plant
Without increasing prices, it was announced
by Joseph
~
iRxesident of both companies and Chairman of Graham
ifewo auto firms began their second
year of occupancy
.G09,OCO former bomber plant where production of 1947
Mr.

Piper,

"i

&
—

Smith,

3 Months Ended Aug. 31—

and secured

per annum,

mentioned

be

may

1,

tion

ffaiser-Frazer Corp.—Plans Increase in Output
This

1,000
4,200

2,100

Jackson

_

special

a

2%

above

will pay

-

;

number

v/iTi ■

—

Sales

102,424 shs,

the

Co..

Webber,

Curtis

Gross from railway
$646,498
corporation fe "Net from
railway....
249,703
per annum from Dec.
Net ry. oper. Income
144,498
15, 1945 to Dec. l, 1947 upon any unused portion of the credit.
"
From Jan. 1—
tCorporation had outstanding $3,000,000 VAi% temporary notes, due
Gross frbm railway—5,540,287
Dec.
1, 1947. No first mortgage bonds had then been requested to S
Net from railway—
secure such
1,676,513
temporary notes. $1,000,000 of such temporary notes were
Net ry. oper. income—
989,636
issued on Oct. 1„ 1946.
—V 164, p. 2288.
{200,009 shares of the common stock may be

Dec.

test, another \quarterly of 60 cents per share was
paid, as compared:
\«?iljh 35 cents each on March 20 and June 20, 1946.
In 1945, the company paid four
quarterly dividends of 25 cents
each,

at

the

bonds

cents

stock, payable Dec. 20 to holders of record

dividend

Milwaukee

Paine,

1,200

net profit!after' deprec.

.

Qn

Co._

.v/-?!

•

•

"■'•■'

Jewel Tea Co., Inc.—Declares 85-Cent Special Div.—

Dec.

&

and

follows:

^

xfr'l

26,572
to Dec. -1,
1947 borrow an aggregate amount of $10,000,000 on its I !• The company on Nov. 20 filed a letter of notification with the SEC ■»' ■
21,991 v,;'!; temporary notes at interest at
1V2%
per annum.
These temporary £:'*or 453,092 shares (50c par) capital stock;
Price, $2.25 a share. Pro*
74,204 -j notes will be
unsecured, except that on Dec. 1, 1947, the then out- | ceeds will be used for general funds.
Issues is not underwritten.-— ' ;
91,800.^ -fiAPTQ llw oo/ib -'biv.'mAnfkn will be ■'** refunded by -4
standing temporary notes
collateral notes maturing
V. 164, p. 241Q.
'■III
serially each six months Dec. 1, 1948 to Dec. 1, 1957 inclusive, bearing

21,991 '

Preference shares ''C" and "D"
iCommon dividend paid—J. P. S., Ltd
—V. 164, p. 2019.

per share on

Dain

underwriters

increased.

Lane Bryant, Inc.-

,

t

*

1945,

capacity,,.will be,

as

:'<■ The

1,200

Inc.——

V"'
.

Luscombe Airplane Corp.—Files wun
loan^i^uscomDe Airpiane i;orp.-nies with SEC-

Reference div. requirements.
'

Sept,

m.

Co.,

i, I

paper

^

4,200

&

additional

Hornblower & Weeks—
2,100
Kebbon, McCormick & Co.
1,200
> Loewi & Co.—J—1,000

1,200
1,000
2,100

■„

t

105,000 sh$.

•

r

v

'i

4,200

Co._-_^

Ripley & Co. Inc.
Harris, Hall & Co. Inc.—
V. 164, p. 2692.

are held by the trustee for delivery upon the order of the corporation to secure notes of the corporations issuable under a loan agree-

$288,683

&

Emanuel, Deetjen & Co.—,The First Boston Corp._
Goldman, Sachs & Co._

103,543$ and
I

"

Co._„_*—

&

the

expanded approximately *
will be increased

v-*:'■■■}; • '/.Shares
Hayden, Stone & Co.—
2,100
Hemphill, Noyes & Co.__—
2,100

...

8,300

Becker & Co. Inc.—
William Blair & Co.———

*$10,000,000 of the first mortgage serial bonds, maturing 1948 to
1957 inclusive. and bearing interest at 2% per annum, have been issued

$449,071

$31,669

&

Whipple

Of
be

capacity

;•.•.•'Vv-'No. of

8,300

Co

G.

j,

II

the
are

No. of

-

Blyth

•None

„

Utility

■/■-

of

by each

Brothers

Barth

4%

<Gther income

i

Wisconsin

Bacon,

•

s

will

converting

names

purchased

'

125,000 shs,
convertible' second preferred stock
1
(par $100)
Common stock (no par)——{3,000,000 shs.
-

Vf

be

Harriman

:

;

——

to

Hallgarten

FINANCING

?,

1957———
preferred
stock,

Preferred stock, (par $100)

107,500

shares

The

;

such date with

on

1,

and

UNDERWRITERS—The

Lehman

thereafter to and

cumulative

(par

142,562

to Dec.

£0%,

36%.

or

wadding

Shares

pre*

■mMk:

June

tons

facilities

paper

the• cellulose

,

V ;;;; 2% collateral notes due serially Dec.
.1,

about
ab

York has been

convertible
"
^ r,

June ¥ 15*

maturing

1947, to be funded

$1,587,119
739,678

840,890

19,501

: v

13,916
10,416

.

of New

Co.

$500,000 maturing June 15, 1958 and

1946—12 Mos.—1945

'

shares of

15, 1965, and $2,500,000
-'-v.
maturing Dec. 15, 1965, with in¬
terest at 2%% per annum
V IV2 % temporary notes, due Dec. 1,

f

;

$1,782,375

58,989

v

# Trust

1949 and each six months there-if
after to
and inc.
Dec.
15, 1957,
with interest at
2%
>u—

reduced?; ;;,

Subs.)—Earnings—

$124,888

70,383

of

v,

(&

1946—Month—1945

revenues—*•.

'Retirement

the

or

"*'s

.

$500,000

tons

of

'

and

30%,

:

ap-

stock,

preferred

or

135

L
Authorized^; Outstanding
1st mort, serial bonds, series of l945t. $20,000,000 f
$1,000,000 matm-ineDec.
15,,.
$1,000,000 maturing Dec. 15. 1948

thus making the adult fare:.
Hearings before the Com¬

8c

(Operation

Maintenance

discontinue

to

respectively.
continuing.—V. 164, p. 1209.

still

are

Jamaica

^Operating

10c

permission

second

tons

'^correspondingly;

•

I"

$226,040

filed In April 1946 with the New York Public

was

for

Bank

ferred stock,

{Reduced by >$61472 representing credit received under'New
■Y(ork State Unemployment Insurance merit rating.
Credit received in
1.945 amounted to $53,134 but was not reflected in income until; after
(the third quarter.-

NOTE—Application

convertible

bock

180

271,856 i!

•Loss.

Service

4%

approximately-315

making capacity,

-I?''!!' ! I;/

CAPITALIZATION

i

deficit

of the

V.

Commercial National

appointed

30,615

agent

value.'

par

increased

determine'in the l.ght of circumstances

may

•:•>.*,,.*-*\-•_. .-•»,. ,■•.•■■ ^ '
- v '
National Bank of the City of New York has been

Chase

pointed

1,041,477

directors

existing.*.

The

I*

jjjwome deductions (net)
Interest on bonds—

the board of

as

210,000

.

daily chemical pulp capacity of .Jits mills will be increased
approx¬
imately -287 tons ,>or <49%} while the paper
making capacity"will be

Sept.

'then
"

to

offered

now

"

substitutions——

'Taxes '

the proceeds of the sale of the convertible preferred stock
the corporation proposes to obtain a part of such funds,
30,■•'*1946 amounting to $8,000,000,, through the issuance of
additional notes under the loan agreement?and the balance from its
;•;, general funds, supplemented as may be necessary by other financing

;

2,874
752,874

1,312

<,-r

removal'

future

.

v

*789,891

«fltirement3

addition

v

1945

1946

revenues

•tr

(TIJE COMMERCIAL & FINANCIAL CHRONICLE

ff3;;Ev

"4,-.

^
:

;

^oltime

..TRBXaifMSRCiALr ^^INANCIAX CHRONICA

-Number '4547

164

2833
a;

4 Missouri-Kansas Texas

BR.—Earnings^*-

u

V,-'-*/

>

CONSOLIDATED, INCOME STATEMENT

•

'■'•*•-' Ov/;

October—

'1946

1945

\"il&43

'1944

railway----/ $4/896,105 '$5,410,531 $7;5T1;040 $7,298,051
railway^ s933,735
1,147,477'! 2,489/076
3,219,029
NCt ry. bper,. incomfe-w*
1,512,840
307/217 V--' 438,244
'509,396
*
Ffom iJan/l—'
• ■
V
Gross from railway-,150449,4883
*7i3,036,132 ' *69,J617;'476 63,913,754.
"Net frdm railway_i.--V! ^'9,^36,1^7 V*24,038,287, 22,129,156: 19,394,585
Wet ry. oper. income—
3,572,177
5,962,319
5,344,180
7,596/403
■w-Vl 164, p, '2289,
.
Net

,

,

minis t'rafcive

Gross

Other

'rV' !;! V

Operating :(revehu'es -i;--_-_^.---,----i_-_-.-"-u;

!$3l053,451?

Gas

2,126,371

purchased

Other

Operating (expenses—

Maintenance--^—
Federal Unctime 4md -texofess

profits 'taxes-?——-.;-•_

•

■

-' 70,937

'■

---

j-1—-.

'/96;622

(net)

//£.' I

Income

«2iv

deductions

.

105,958

Fed.

inc.

txs.

(>$360,402

'365,440

98;072

*

:

p.

$636,151

<

■■■'.

/■!■',

v

t

'4^

#

*■-,

v.*,-

'''X

•

'■

'V

,

•

'<■..•. ?*•"

.*»

'*-■J

first

mortgage
Payment will be

6%

bonds

'24 ■/to

Dec.

each

Cents

stockholders'

were/made

mede

at

Provision

■*

«

X

,/

•;

-

Federal

;

'

c

for. retirements

and

depletion.-

'

Montour RR.^Earnings—
October— '

Gross
V Net

Net

7

."

from

from

railwayV
income

.113,181

.

,

.

.

.

^241,107

18,817

-

79,334

,

66,856

349/947 •'

335,794

<

income

/-

78,600

income.

Gross

frbm

■C -6rois income —;
$418(369
Total-lncoihe'deduCtions—L-L-i-i-L—*-4—__1 -86,950
1943
"
5$246,704 r-/'-Net'income
^ '$331,"419

$319,523
'83,908

income

—

(het)___

—

——

2,353,641

2,246/516
'449,838

60,454

Net

from railway—
oper. income--408,705
"Deficit.—V. 164, p. 2289.

712,155

A Net ry.

V,

v.'-.'

' : ■■*'

'

'The

entire

share.,

per

{1/644 'shiares j

issue

•

'

$235,616

-

«

>

End. Sept;

-

of

;

Cost

&

class. B -preferred .stock, which

i94'6^-9

l:946-^3 Mos;-^f945

3CM-"

of

goods sol']__—
for-depl. & deprec.'

adm.

&

gen.

4/760,720

7,216,496
290,799

-

exp.

270,402

>

898,911

.

•

15,535,982
•

income
'

"i*

'•-

Total

/

--y

<

income

$2,016,714

—

for dbtfl.

Prov.

"

accts—

income

"Federal

:

/

'

!
.

taxesui-

1,

1949.—V. 163, p. 3420.

'

Net

profit

Earns,
—V.

^ffBred^As^m^fitidi^clvin

1 !

per

27,678
49,421
751,173

88t750
•

$-1,114,824

$290,029

$0.62

—:

$0.16

share.

com.

■' *

233,900-

1,824;673

899,000

$809,588

$2,842,042
$1.55

..

•

"

u-fy*;'V.* '/

v-•.
*'

'*:-4-f-.■ ?;V- • ..j« ;

/,

1,036,511

-

Dividends declared
Dividends

declared

on

.6%

8,874,841
^

•.

1

n,i

it .

.r.-, r

-I

'

-

$3,350,733
2/954/056
>
29i082

$3,035,952

1,969,371
v-v:

—^$367,595

19,402

$l;047,-m

/'"Federal "tftxes^dri income for the nine months' period of 1945 have
reduced as higher accruals were recorded in that period tljaa
■
- ; *

.

'underwriting; group,^^fhead^d^by
National Investors Corp. — Special Dividend to Be
Hallgarten &, Go., 'On Nov, il offered 29,192 shares of
.?
^
4%% cumulative preferred stock ($50 par), and 54,486 < Payable in /Stock DFCash-rKenneth H. Chalmers, Secretary, tm Nov. 22 ih % notice to the stdekshares C$10 par) common stock. The preferred stock
; .holders^, said lh.part:,' ■/
/■-{*;•/> ; ""y:X: ■ v.^-wra's priced to the .public^at ."$50 per ;share; /pilus "abcrued) : / Pursuant to resolutions adopted by the directors/ the Corporation
t dividends from Oct. 1,1946, and {he common shares were
intends to declare a special distribution out of realized capital gains,
payable Dec. 23, 1946, to stockholders of record Dec. 5, 19*46.
This
priced at $18 each. The shares presently being offered
dividend will be payable in stock of the corporation or, at the'election
are-being sold |or, the account of selling, shareholders % of'the stockholder, in cash. The actual amount will be declared on
':and no proceed from the sale will accrue to the
Dec. 5,
1946.
On the basis of shares now outstanding and profits
company.
'
- ;
"
i! '■reklized to tdate this -distribution Would amount; to approximately 41
Cents per^ share.
'
* ■
,>fKe^^.^iifetiliadv'e tfrefcfrM ih'affs -hitb ;<ehtitl4d fo purtiulative
In addition to the capital gain dividend, the directors have provided
'o'ur Issbe Of Nov. 25

4,302,904
6,063,147
-5,892,193
i
8,845,662

4,481,411

»» *.r A'.tf

balance

3,999,411

6,314/803

preferred shares—.
dividend pfd. shares

$2

on

■

Consolidated

'.-..w-'

25,497,633

4.481,107

dividends^——.

before

731,919)

:

$60,359,757 $57,636,907

• -5 .♦

:

Consolidated balance

164, p. 1726.

.

$59,323,246 $56,904,988

revenue—

earnings—.1——.

-gross

/-•

>■

y-

e

$0.43

•

operating

operating icosts.;j—28,450,025
Maintenance/.4,397,036

^12,023 '''t ;'173;609
6,798
% -71,i295
22,076'
351 '
"134,579
'85/426 *

"
•

Nov. 22 week is reported at I68i6i7;000 cu. ft.,
*28,519,000 cis ft., or 20.36% above production of 140,*in the corresponding .week /a year ago.—V, "1-64, p. 2695.

•Depreciation.
Taxes/ cither 'than Federal income taxes—
/"Federal inodme taxes
Interest find other charges

$l,P89/699

$5,084/612

population? of

a

for the

of

eu. ft,,

Total

248,796

$599,828

communities, wish

Other /income

$1,740,903

432,828

73,6*18

standing and„ 45;000 shares issuable upon exercise of stock purchase
which expire July

$4/651/784

in

3VeW England Yower Association (& Subs.)-^Earnings
Sept." 30«- •'
•
'
1946
' '
1^45

~-*jj

•

,(Mis.c, deductions

value

V warrants

;

9 MCnths Ended

2,188,284 /

2,621,438

68,114

83,482

v;; *

Int. & exp. on fund, debt

It was announced oh Nov. 20 that the New York Curb BxChdnge has
approved for listing and admission to dealings 369,000 shares of $1 par
common
stock.
This includes 324,000 shares which are out- .'

.

increase

Gross

783;398

r$53l/71'4

'

Other
'/>■ -V

-Nanim's, Inc*# Brooklyn, N. Y»—Listing Approved—

Institute; of

"Weekended 'Nov/' 22/ this '/Association reports electric output
kWh.
This is an increase of 2,480,747 kWh./ or 20.94%
of 11,844,125, "kwh.. for the corresponding - week a

v

Mce.-^-1945

18,399,855
724/066

722,514

Operating ,proiiLl_—' $1,933,232

,

2549.

-..

Massachusetts

at

production

698,000

i

.

#10,!^;438r-^6,285350 $26^97;i4t |20;248.567

allowances

Sell.,

recently called for redemption on Nov. 30, 1946, at $35 per shares
iih'd dividends, is being redeemed at the First National Bank & Trust

164, p.

Mathematics

furnish 'gas service

G6s -output

iSubsO-^Earmngs-"-^.

was

Co., Bridgeport, Coivn. See also V.
:: X:'// V;-v

alternate plan

the

approved,

year'/jag

•

sales, less d'/scts.,

Prov.

•

^

plan /already

14,324:872

above

$0.53

'

'

,

National Gypsum GOi t(&

returns

"

{he

of

case

Weekly Output—
./For

an

2/439;762,
923f012,
657,880

Gross
■

.

Subsidiaries of the Association, located chiefly in Massachusetts,
electric service to communities with- a total population
of

of

$0.74

V.-163/.p; 3289.

.

"

'

.

557,713

,! Munson Line, Inc.—Redemption Agent—
;

Earnings

48,622;

2,529,868
?889,309'
659,130

.

741,600.

,

railway

.,

the appointment of four new trustees to' serve with
trustees until the .lirst annual meeting of shareholders.

Professor/of

377;250 UUd

25,-961

-

,

.

138,429 V

76,800

present

Associate

$293-562

,

the $5.50 preferi'ed,

of

Technology specializing in industrial; statistics.^ Present -trustees (are
Floyd D. Campbell, President of the Association; H, Coleman Moore,
Jr.,-Treasurer, and Lothrop Withington, a member of the Boston law
firm of Withington,
Cross, Park-and McCann. /„ ; /
:
■/ ; v
.
>
/

-

'54,409

62,727

holders

of Burns, Blake and Rich; Albert
^'Sylvester/of Boston, Chairman of- the Protective Committee tor >the
•$6.5(1; preferred Stock of the Association, and George P. Wadsworth.

,

9363,960

From Jan. 1—

■

.

*11,228

83,104

.V

.

.1944

railwnyvi./ii " '-$326^221- V$l41i266

oper.

ry.

*

1945

1946

- :

subscription by

They *are:'-Windsor-"Arnold Hosmer, Professor of Accounting at th«
-Harvard Graduate1 School ,of Business Administration; John F. -Rich,

"

*v/

for

»pa/rtner in the Boston daw finn

757,354'
906^523

99,191

,

,

As* in 'the

■

the

•

1945

; 430,224 /
''. 1/055,976 '

-

"Dtility dijeraiittg

Other

/

■

available

provide

Toronto, '

V'-

made

contemplates

1,

•

i;:

Proceeds of the sale of the new securities, together with treasury
cash, wotfld .be- applied -to the retirement of the outstanding ^debentures
and-payment of Associated Gas and Electric claims,

$2,591,271

jGeneral->taxes>_-i;i-r^-^/c.i--^--f/.-4.-?---^----.>, -143,887

interest.

•

,;

per share has 'bebh. declared, payDec.-' 16.
Distributions' of i

.

'"Cither expenses

■

-Montreal,'St.' John, 'Winnipeg/Vancouver or •/Halifax/ Canada/ Or St.-

r^johns/Newfoundlan4.»-«i^V» l61/'P,'2ll3v

be

record

of

pre-

per share of

subject to allocation if such subscriptions exceed the available number
of shares,
ijf subscriptions by present preferred -shareholders do uioi
provide. $4,312,500..of cash,...the tntstees may make Up the difference
through public s.ale of the remaining shares.
i :
/.

on

Maintenance

1, 1953, at 100 and
of
Nova -Scotia in

due Jan.
the Bank

;-$309-927

$232/259

common

Common shares not purchased through exercise of rights would also

/

v

577/882

:///

^pera/tion^-PurchasCd

"K.
•

■

"r'V

Moirs, Ltd.—Partial Redemp'tion^pf

/:(

315/411

9-fMonths Ended Sept. 30-^ v// •
y-.::
-1946 ,
total operating revenuesl—l-——$2,495,832

tiff^ There/-havr ^eertVoalled; fof^^r,rederhpOoii':,bn VJan.I/^ext/.^
;

$887/809

VlNfatioual Gas & Electric Gorp. (& 8ubs.) -tEarnings-

.,$279,860/-

$293,413
:.v- :' ?''v

•

$262,329

'2694.: V"'

'/

.v-Vr■■ 164/ p.: 829..;

71;681%.

$547,671

■

:^^tiohwHyide Securities Go./ ltac^-40^Cent; Bividend-^- £

;

93,332

;

>:

,

/ $373,192

$341,210
47,796

$826/128'

75,378

"April 1, July 1 and Oct. 1, laat.j.
-Payments. In 19.45 were Us follows: .Aprii'2, July 2 and Oct.
'25 Cents each, and Dec. .24, "$l.l0.~V. 164, p. -16331 V
'
'

$267/234
-

•

r

164,

able

*63)339

-67,-088

——

Gross Inedrae

$472,292

$2,001,891

•^308)114// V A quarterly dividend of 40 cents

68,336
$274,122

;

$953,553 '
>'•/. 48/038 //

of mew

alternate .plan
wbuld receive,

.

/>

25

Other income

'

^

profit

4^V.

'47,278,
100,756

fe3

'•■ • -151,-650

Retirement reserve -accruals—1

'$263/652
'96/750

7*18,190

i:-. ii

240)094 /

'

'■^General -rtaxes.'wii.

'•Net

'

2;226>157

,.

760/696

shares

seven

■

,

provides that holdei*s of the preseht $5/50 pre¬
ferred
for each share now 'held, eight shares of new
common
'Stodk/together With transferable rights to subsci-tbe/to five'
Shares of new common at $9 per share.
It is expected that earnings
on 'the
hew Common will permit payment of '80 cents per share in
annual dividends, " >///,.'",/,/
;

>

$3;852,973

-265,413

-,,—-,

for

.' v>

"879/704

771/089

/

,

The

/y.<•

oiier.

income

Total

'i-V;*'

1945

.

fr.

*■';>/. <1.'

prov.

% VI$46 l;,"v

'H- ylf1.:

profit

income

'u>

.

'v

\

SV

expenses

If .;>'■■■ i/L":'J'-#

.

Corp.—Earnings—

,

rate *6f not more than
ferred.

'

;

Mobile Gas Service

—-—

,sept. 30/46
1945
1944. .v.
1943
——J $6,287/209'$5;i95;6'7'l $5/038,356 $5,523,427 :
of. sales
'—4,562,567
4,052,314 « 3,785,367 : 3,989,108 •

sales

Cost

,

V-%MdhthsEttded Sept./SO-^

Years Ended Dec. 31

preferred shares >may be: sold sublet to an offer of exchange to the
holders,,of .the presently outstanding $34,998,500 of debentures on a
pat /for .par basis.
The hew preferred would be convertible at the

.

Net

from

.

9 Mos.End.

,

/■>-

frbm

"Gross

'•

*■

15

been

later proved necessary<•

.

:

Weekly Output-^r
This

"1

<

" *

*"

^

■

Association

reports number of kilowatt hours tor the Wbefe
16, ,1946 as 67,498,021 compared with 61,492,499 tor the
werfc ended Nov. 17, 1945, an increase of 9.77%.
|
>
The comparable figure for the week ended Nov. 9, 19*46 was 7,0,804,579 an increase of 12.48% over the corresponding week last

•

ended. Nov.

.

/;-///:///•/"--; ^.=; ://;/• /^;c//-■.//-V.-/-///' -i;>

/ji>*"4^695* //•
vS//'/

■

^'/-•'v"/i--

.

^ni$;i-llR.^Earnings^- * ■'
.
•
Beribd»Md.' Do't,/8'l^
•1946-^M6nih-^l'945^' /' 1946—10 Mos.—1945 Y,
share, payable quarterly
Gross income
for a dividend from ordinary income of the corporation.
$7,285,428
$5,843,299 $61,069/809 $74,399,801
This ordinary
in March,. June, Sept. and Dec.; redeemable (otherwise than put of
U. S. income taXes
•dividend will be paid in cash on Dec. 23 to stockholders of -record
337,600 Cr9t094,000
Cr734/903 Gr6,951,000
the sinking fund) as a whole or in part at any time on not less:
Other railway taxes—
Dec. 12, 1946,
400,417 /
253,510
3,669,148
and accordingly will not. be .paid on /shares issued, in
3,439,20ft
than 30 days' notice, at $55 per share Qn or prior to March 31,,19ol,
974,766
* 1/808,962
Net/ry. dper. income—
7,038,104 11,554,824
payment of the capital gain dividend.
The amount of this ordinary
at $53.75 per share thereafter and
on or prior to March 31, 1956,
Net income
784,118
dividend will be determined by the directors on Dec. 10, 1946, and it
"2/040,999
4,654,473
7,595,06ft
and thereafter at $52.50 per share, plus dividends;
preferred over
is mow estimated that it will amount *to approximately 18 cents per ■■ Sinking funds Upprops.
82/917
83,333
725,417
•
591,667
the commoh Shares lh voluntary
liquidation to the extent of the
/ -Shtfre on the basis o£>*htfres;now outstanding.;;
vc.'M
theft applicable redemption price and in involuntary liquidation to
Balance to surplus^ *
In. order to receive the special distribution in cash, stockholders
4701,201 **$2,124,332. $3/929/056 $7,003,39^
the exletit of $50 per share plus dividends.
The company will, be
have pedn requested to notify, the Chase National Bank of the City of
♦Deficit,
/ ^
- v ,
•
•
•
.
3
ieduired 'to set ttside out of net income on or before JUly 1st of each /
'New York,"11 'Broad Bt., New yorkr N,, y./ to that effect /on or before
NOTE—October, 1945, figures include balance of unamortized amor*
-year,, commencing July 1, 1947, as a sinking fund for-the purchase or
Dec. 9 1B46.
"
'
'
'
*
'
tization of cost, of completed road end equipment authorized Jto ba
federtiptioh (at $52.50 per share plus dividends) of such cumulative
Gapltal-gain (ilividertas.'paid in stock will be paid in whole shares
amoHized as defense projects iri accordance with Section 124 of tha
preferred shares, a sum sufficient to 'redeem 3% Of the-aggregate
•only. ~ No fractions oi shares Or scrip certificates will be issued. /Each
Internal-Revenue Gode/s-Y.^**164/ip, 2256,
1
°
' /
par value of the Iergest nuiiiber of such preferred shares which shall
stockholder receiving this dividend ih Stock will be issued the whole /
.! /have been issued and outstanding at any time prior thereto.; ;
;;v/;.-f'
;/.//■ -/
number of shares obtained by dividing the total amouht of his capital
Transfer agent, First National Bonk of Chicago. Registrar, Amer¬
New York "Water Service Corp.—Court Hearing on
gain dividend by the asset value pej share pf capital stock *of;the cor- •'
ican National Bank & Trust, Co, of Chicago.
<
r
poration as of the Close of business on Dec. 9, 1946, after deducting
'Plaii Dec, 13—
+
*
•
* •*
/• '<>
: - *
..
- [
'

dividends at the rate of 4%%

■

per annum per

..

>

v

•

.

,

,

.

.

.

>

.

^

•

CAPITALIZATION AS

thfereffem.

OF SEPT. 30, 1946

I^Cpmmon shares ($10 par)-—-—-—

-

250,0d0 shs.

500,000 shs.

March

(shares of the eompUny,
BUSINESS-^-Since

;■
'organization in 1915, the company

'has-been

.

*

.'■■■■

-

common

shares to be purchased

by each fare

Hallgarten
Co.—
Hornblower,?& Weeks-•

Shields &-Company——

Bacon, Whipple. &/CQ,-l'/Bear, Stearns & Co.——^
Graham, Parsons & Co.„
Farwell, Chapman & Co
Kebbon, McCormick & Co—LL-.L-.i_—
jr. M, pain &> Company—
First California -Company—
•Kalman

6s"Company, ■

-piper, Jaffray fe Bftpwo od^_—
Ames, Bmerich & Co., • Inc.^_■*_
Brailsford & Co.———.
—




1,575
•

;

,1,050
1,050
1,050
1,050

,

for

N.'Y.

shares

»
drawn

:

may

,

be

time, before Dec. ,15,.—V, 164, p. 2412*

-

(d) reduction in eapital Of the corporation resulting from thb sur¬
render pf the presently outstanding common stock and from
the ex¬
change of the no-par common Stock for the outstanding preferred stock.
,

1,4-

•

presented
-v

for
_

payment
,

at ;•

4

North AHietican
..

*

-1.000

1,000

to pay a dividend

stock

Properties

Subs.)-—Earns*
'

Ended Sept. 3(5—

1940

.......

—-

Total' grosS

1945

.

,

$11,068,-582 410,298,005

;earnings_

/Operating costs

5,136,993

5,906.262

:

p'"',924

•

565,970

■■

>

properties of the Assbciation, resulting 4n- a -redtictio'n of ,
subsidiary funded -debt to $8,000,000 and the collateral trust-bonds to
$20-,000/000.
:
:
I
/
L
A;
The -new -collateral trust bonds and $7,762,500 par value of new ;;
and Maine

.

and other

charges^.

Consolidated balance before
Preferred dividends
Consolidated
♦Federal

been

balance

taxes

reduced

later proved

-as

on

——

dividends.^—

$1,175,151

.513,175

$661,976

/

income for the nine

'higher

accruals

were

hecesbary.—V. 164, p. 1875.

months'

recorded

746,350

^.350'
1,2/!.470
843,565
479,860

—

Interest

-

$10,898,562 $10,195,975
-170,020
102/030

grevenue_i.__

Other 'in'cbme1

17, 1946.
Maintenance
Floyd D. Campbell, President, -emphasized that the filirig' 'of the
/ Depredation-.
•_
alternate plari did not affect the status of the previous-plan,'but that.,.
Taxes, bther:than Federal taxes on income.—
'determination as to Which of the two plans willbe used -Will be de♦Federal taxes on income

*

525

common

one

Gfbss/bperating,

/

.tically (unchanged from that 'provided in the-plan previously approved. ■
subsidiary funded debt would -amount to $9,930,000 and-;the Assoi- /
2,000 ;%ciation would issue $22,425,000 of its collateral trust bonds.
;The
2,000
"alternate >plan, however, assumes 'the early sale^of the -New'Hampshire

525

in

North Boston Lighting
-9 Months

/

3,000
8,000

2,000

the rate of

stock

common

of Pacific Gas &
Electric Co.
share of/Pacific Gas common on each TOO (shares
of North American common. The dividend is payable Jan. 2 to holders
"of record Dec. 3.
Fractions of shares will be "paid in cash at->tho
rate bf 40 'Cents -for each l/100th of a share of Pacific Gas common*
—V. 164, p. 2695.
- 4

Be'dapitaU2%^ion-:HaQ*j«rith;^SEC-^ >t
company on

its

at

_

tNew ^England Gas & Electric Association^-Eiles Alter-

rOo.—SteC Approves Dividend—

The SEC has cleared -a proposal of this company

on

the petition of the company for authority to sell to certain of its
employees-hot in excess of 10,000 shares of its 425 par Common stock >at-the market.^—V. 160,>p. 226.♦
*;
/
A/-//5
7 -^ i,-5"-""

>jiate

the 'corporation by federal Water arid Gfts /Cbrp.
presently outstanding 26,015 shares of common stock '(par $160);

surrender tk>

and

*Nfe"W ^England /CoHfecttoiiery 'Co.—Plans to Sell Stock
to Its Employees—
>
^The-'Massachusetts -Department mf; Public Utilities has approved

,

(c)

of the

'5,000.;
5,000
ferred until -final decision is reached by the Commission and/the Court//
'5,000 ./'. Under the proposed plan, consolidated funded debt woiild be prac-

•2i000

..

,

7,000

.

.

V;^*yL.;V.,"v,:jvvS;

'Gourt-for -the District of Massachusetts on-July

7,000

,

(A. hearing will be fheld befofe tJ. -8.- District Court •&£' 'the ^oiithim
New -York on Dec. 13/,.on the application of "the BEC ta
enforce and carry out the terms'arid "provisions of the plan of recapi¬

District of

.•

,

9,486

2,650
2,650
L 2,650
.1,575

.—

/

"/jprefefred' Shares'($100 par) and '1,246,011 new common shares'C$8 par) >
rather than the 2,300,000 common shares/provided in the ."plan-ap- /./
/proved b^ the Commission on JUne-.24, ''1946 and by -the U. S. District

Shares
.

dividend

1946, (from f/,

the

Nov. 25 filed with the SEC :nn •alterriate ^plan "for
recapitalization which provides for the issue of Z77/625 ;new convertible

Common

.5,442 ;
3,700
i;3,700

ordinary

company .has called/for /redemption oh /Dec. -15, " next, '*3,000
of its outstanding 4% % 'preferred stock at $105 per share
dividends.
Payrrient will be made at the Bankers Trust /Co., >

The

<foilows:
•Shares.

estimated

dlhouht "of

VvVj'•

Certificates

.any;

as

Preferred

1

^6 Wall 8t4, "New York,

UNDEftWRITERS-^-The names "of the underwriters and the number

and

the

the

*\The

-

•of preferred

'

•arid

'

'

where

shares

$ihttously

;

cases

Neisner Bros., Inc.—Calls 4%% Preferred Stock—
,

-con*

In

/oapitqligain/diiird'erid will .be paid-in cash.,

■-

engaged in the operation of a paperboard mill and box
factory, ' manufacturing paperboard
and converting it into folding
paper boxes of various types. Company's paperboard mill operations
and its principal box manufacturing operations are carried on at its'
plant'at Morris, 111. It'also owns and, operates a box manufacturing
plant at Marion, Ind., which was formerly the property of Lindley.
?,
in 1945 the company produced 39,604 tons of paperboard and the
■company
and Ltndiey purchased *10i821 tons of .paperboard from
•other paper mills.
During the same period the company sold 17-,907
tons of paperboard to other converters (principally <to Self-Locking
Carton Go.) and to government agencies and the company and Lindley
■used 29,466 tons of paperboard for conversion in their box factories.
The company's, products include a'jarge variety of folding paper
Boxes of various types of which the following groups are the most/ Important: ((a)
folding cartons (b) folding stock boxes; (c) biscuit
and cracker caddj/es; (d),4airy product? containers; (e) bottle-carriers.
,

income.

talization *of- the 'cbrpbration 'approved Nov. 12., ;
,■/-/•/v/'
TheVplah provides /fbr-*-;
/■
h-*-?.;v'//'"
"**
: '
(a) Qhartglng arid reciaSsifyihg (he presently issued and outstandingf
>»
t46j532 Shares of /preferred Stock of ($100 (par) into shares of common
A cash distributidn of 12 Cents per share from ordinary income was
Stock (no (par)
for each share of presently issued and outstanding:
made on July 20, 1946, as compared with 14 cents on Dec. 24, ;1945, /
and 11 cents on July 20, 1945,.
On ®ec. 6, last year, the directors •/ preferred stock, 'suoh - Stock to have a stated value of 1 cerit .per
share pending final determination, of "original cost". Of its p'roperttes;
declared a special. distribution of 39 cCnts per share out-.of -realized
(b) cancelling, all -rights of -the holders of the existing'preferred, stock
long-term capital gains, payable in stock or cash at holder's option on '
to accumulated and Unpaid diyi'dendS;
/
Dec. 24, 1945, to stockholders of record Dec. 6, 1945.—V. 164, p. 2156. /

-V

-

representing

capital gain f
dividend exceeds the number of whole shares issuable, the balance will
be paid in cash-arid, iri'causes Where the 'ritfmber of shariss held bn the £
record^date^are Insufficient for the/issuarice cf a/full share, the whole ordinary

30,000shs.

fCOMPANV-^bnapany -was -organized In Illinois -Sept. -9^ 1915. On
30, 1946, the Lindley Box & Paper Co. (Ind.), which had
Been incorporated in Indiana May 19, 1916, was merged into Morris Paper Mills.
At the time of the merger, Morris Paper Mills owned
50% of the outstanding shares of Bindley. Pursuant to the agreement
Bf merger, each previously outstanding common share of Morris Paper •
Mills was ddnVerted into 2V427685 common. shares and 1291322 'preferred
Shares of the company and each previously outstanding common share
of Lindley
(except the 50% thereof owned try Morris Paper Mills)
T^as Converted finto 2.142857 common:' shares .and .257142 'preferred .

aihount

payable DOc. 23/ 1946, to Stockholders of record Dec. 12,

.

Outstanding

Authorized

/-VSOiPOOfshsV

:

the

1,233,540

1,049,601

461,525
$1,104,018
513,178
;.

-$590,842

period of 1945 bav®
in

that
*

period

than

I

2834

THE COMMERCIAL

North

Texas Co.

garage
Other

$3,597,895

68,128

81,052

880,902

940,032

139,012

121,260

1,575,373

1,571,946

23,229

285,559

22,900

12,900

289,675
249,400

,

exps.—

taxes

Fed.

normal

Fed.

excess

consol.

and

surtax

profits

tax

/

returns-

12,837

21,585

260,400.
Crl21,300

199,153

226,287

/

the

Operating

income

income,

Gross income
Inter,

487

In

76

Net

large

__

$34,610

.

profits

$331,906

(& Subs.)—•Earnings—
$628,027

$2,574,445
1,104,427

machines

$2,429,878

274,643

1,049,025

25,650

122,371

50,877

200,174

47,074

265,318

165,599

67,733

72,206

282,768 / r '279,987

*Of

$186,926

.

$157,577

13,826

49,044

%

,

$599,387

392,902

.

income

Income

_«/

deductions

$200,752

$206,621

51,297

,44,782

____

$992,289.

Net

income

164,

5

$1,960,660

$149,455

$161,839

Electric

output

of

this

(Del.)—Weekly Output—

for the

company

week

ended

company

($50 par)

Nov.

on

shares

($50

filed

19

letter

a

Nov.

notification

23,

1946,

common.

share.

underwritten.

Proceeds

will be

used for
'

*

depreciation

and

dividends

Miscellaneous

of

and

1945

257,212

50,946

42,905

Interest

:1, $385,620

52,112
42,905

$18,166

■'

'

15,224

company....

Inter.,

dend

stock

of

income

Net

Arrears
or

on

'

-•

the

s

received

of

as

the

1945

Net

totaled

The

balance

From

sheet

time to

of

as

.time

for tenders of the

in

Dec.

the

31

at par"

first preferred

The previous dividend

the

fund

has

asked
(Louisville "Courier-Journal."

stock

this issue

on

an
asset "sinking
totaling $456,600.

few -years,
was

company

$1 per share

June

on

194&—1& Mos.—1945

$3,453,674 $41,232,042 $44,379,299

41,667

41,667

418,042

$540,537 *$1,839,209

Manufacturing Co., below.—V. 164, p. 2412,

$100)

•.

not

The company operating
specialty department stores in New York and
Newark, on Nov. 27 filed a registration statement with the SEC
covering 40,000 shares of cumulative preferred stock, series A
($50 par).
The proposed
offering, which represents the first public financing for
the business, includes
5,COO shares for company account, proceeds to
be added to general
working funds, and 35,000 outstanding shares to
be acquired
from
present holders.
The underwriting
group
will be

headed
.

The

by A.

G.

Becker

Co.

&

completed

profit

months
net

taxes

ended

net

on

31, 1946, net sales
$323,844.

was

July

profit

sale

ended Oct.

week

solely

has

of

of common.

funded

no

the

40,000

of

of

it

real

stock,

par

share

one

the

$15,
for

issuable

each

Exc**n*e
,v
"ex

the

Nov.

on

listing,

road

and

and
of

the

capital

preferred

structure

stock

and

is

that

incident

three

the

206,753

shares

to

New

York

additional

the

Stock

shares

distribution

on

Dec.

on

2,

kwh.,

Pacific Power &
12 Months Ended

*

on

Nov.

9,

164,

equipment

Net

Rent

operating
from

Other

Chase

less

with

V

transfer

(incl.

agent

pp.

of sales

Maint.

>

of

and

and

stock,

>,

to

and

State

V

'

„.l>

•

its

subsidiaries

*

..

1,352,677

registration Nov.

20.—V.

Pari-Mutuel

offering

of

164, p.

Totalizer

75.COO

made Nov. 21

(No.

4 Viz %

shares

$639,997

for

regular

An extra

-

2157.

declared

provisions* for

the

excess

>; v 7 r.

and

$525,577 for

\

an

both

extra

dividend

of

25

of

16

to

of 25 cents per share was paid

cents

50

per
share
holders of

cents

payable Dec.

on

Sept. 16r

1

operating (revenues

1945

880,646

569,204

552,006

1,302,148
-,

1,425,245
-1,412,875

f(l,329,638

3,234,963
67,826

2,87^153
69,250

1^477^40.

126,540

Net

$3,221,154
85,416

126,927

$3,306,570

$3,294,815

charges-iu

$4,747,996
1,483,806

1,534,543

1,545,215

$1,772,027

pfd. stock

$3,264,190
298,828

365,036

$1,749,600
331,855

———

$2,965,362

<$1,406,991

$1,417,744

.--a—

V

——-1.

income

"Prov.

for

divs.

$3,167,888

$4,606,006
141,990

Total interest and other
■

1,352,895

—-

revenue————

Gross income

■

1944

——$18,290,613 $18,312,659 $17,126,909
7,945,616
8,381,390
7,776,077

replacements
than income

(otner

Bubs.)—Earnings—

1946

1,952,317

I

,

1945,

30,

■

dividend

quarterly

stock,

common

Net operating
Other income

the

i

">

of

the

on

City

of

New

cumulative

York

has

been

preferred stock,

surplus

Balance,

.

•Due

$100

to

months'

multiple

dividends,

——

declarations,
1945

dividends.—V.

for

$3,475,144

$8,479,258 $10,504,991

Steam

2,695,364 / 6,380,613
>

1946—Month—1945

—

$974,281
158,692

8,074,525
/

for

1944

nine-

for

10

357,765

Depreciation

916,424

Taxes,

•394,334

642,693

eral

income

64,707

181,794

194,594

Net

operating

other

1946—12 Mos.—1945

$906,568 $10,784,056
1,383,942
109,682

$9,990,609
2,667,09-3
555,039

257,169
50,242

998,078

2,684,010

55,215

216,531

387,040

and

.220,236

Maintenance

141,852

*

: :v:

dividends

164, p. 2325,

•

operations

282,494 t'y 719,071

116,076

provisions

makes

1946

months'

pow.

& pur.

g.en.

Other

129,081

11

Public Service Co, of New Hampshire—Earnings-

1946—9 Mos.—1945

tOperating revienues

$4,054,569

640,575

72,073

69,677

86,463

889,286

860,024

105,451

1,223,914

Fed¬

than

taxes

Fed.

1,198,187
■

taxes..

57,663

.'•V

■

$464,932

$99,972

$416,406

si,/; .71,998

.69,569

187,840

199,443

$169,541
29,514

$604,246

$518,433

86,378
187,518

93,582

chgs._

$536,930

funded debt-,—

on

6768)

filed

inc.

28,575

W

discount

14,223

v:

expense

parts

/

•

.■•■:•■•

"

cumulative
stock

preferred

(par $1)

1727.

was

SEC

tax

and

exc.

24,303

5,173

;

17,522

common

stock

was

Pref.

$333,335

$3,991,591

JDr248

Dr 2,358

12,607

7,752

$330,977

$4,004,198

$3,690,674

deduct—

$362,366
£3,180

inc.

$3,682,922

689,602

818,161

178,950

894,730

22,900

974,900

92,510

$225,186

—!

income..—
div.

88,045
89,473

84,000

$130,559

$2,160,746

$1,885,273

deduct.

taxes

28,475

85,816

V. 514,866

669,797

$196,711

require.

-!/

•••

48,500

N;

157,700

105,500

$74,743

$1,645,880

$1,215,470

per

outstand.

share

in

and

$234,629

553,874

605,114

605,114

/

$0.05

excess

BALANCE

banks

,

$1.03

unused

CONSOLIDATED

ASSETS—Cash

profits

SHEET

tax

$0.24

$0.58

to

excess

fixed

profits

assets,

SEPT.

30,

1946

investments,

at

change

in

$2.36

♦

the

•

$0.28.\

share—

1945.

of new financing in 1946, which included
value and number of shares of common stock

because

par

•••'-

NOTE—On
.

,

ceased

Oct.

1,

'

1945

the

company

sold

v'.;
its

"
gas

properties

and

doing business as a gas utility.—V. 164, p. 2157.

on

(net)," $344,486; trustee funds for additions
sinking fund tor redemption of bonds, $3,310;
$2,4°!.151; investment in, and advances to sub¬

/fixes

com.

comparable

tThe
electric revenues for the twelve
months
ended
31, 194.5 include the full effect of a refund to domestic cus¬
tomers
aggregating $326,082 made in December, 1944. The electric
revenues
for all periods ended Oct. 31, 1946 include the effect of a
reduction made March 1,
rate
1946, the estimated annual effect of
which is $340,000 based on the electricity used by domestic customers
in

credit.

hand, $1,308,427; United States
securities, at cost, $G00,0G0; accounts receivable (net),
$1,395,374; inventories, $3,065,646; prepayments on ore purchase con¬
tracts, $142,939; estimated refundable portion of prior years' income
and

per

October

$200,547

$81,354

553,874

"...

-

"Arising mainly from

a

outstanding.

Cr2l3,430

$388,632

shs.

Earn,

"Not

\

Cr213,430

profit

Common

Balance

15,000

Government

Offered—Public

Fed.

•.

105,500

Earnings

stock

(par $25)
withdrawn from

other

&

Non-recur.

Net

•

prof.

Sept. "27

'

Corp.—Stock

(10 par)

the

$362,614

income

Gross

'•

5,000

—

refund, portion of
prior years taxes (net)
Net

with

income

(net)-..

inc.

$318,990

taxes

'

by Howell, Porter & McGiffin, Inc., New




directors

the

263,157

—>

replacement

Inc.—Registration Statement With¬

common

the

par

Period End. Oct. 31—

./Z

income

and

$2,259,001
1,619,004

'
'■

of

Provi¬
to

Prov. for obsolescence of

i

shares

■■.':

Prov. for Colorado State inc. tax.—

'

•-

■

ended Sept.

Prov. for Fed. inc. and excess prof¬
its taxes

,i

"*

exp.

than
inc.

expense
Amort, of oond

9,534

$2,296,759
1,652/864

__

1

and

Court.
respect

"
include

taxes

:

23-

Provision .for

kwh., an increase
corresponding week of 1945,

the

over

the period

and

$2.50

Taxes

138,676,000

Strike

244,850

$643,895

covering 60,000 shares of

income

Operating expenses
Maintenance and repairs—

(par.

oper.

depletion

Profit bef. oth.
Int.

$2,004,617

256,985
21,194

statement

Gross

Int.

12.

registration

Nov.

share

Non-oper.

drawn—
The

for

with

reduced

-

Public Service Co. of Colorado (&

-

preferred

1946—3 Mos.—1945
'

repairs

other

and

6,343,612

I

——

deductions

Pantasote Plastics,

been

——

2,997,884

and

Deprec.

1945

$2,018,580

plant

426,

has

9 Months Ended Sept. 30—

1946."

3,

,he 5%

for

outward

Selling and admin,

$8,348,229

6[393,171

taxes)

income

164,

is finally sustained by the

taxes

be

"Est.
Net
—V.

1944,

income

for

last.—V. 164, p.

the

164, p. 2448., <

discts .:

Other

1946

credit)

etc.,

to
of

124

*wy-

Light Co.—Earnings—

income

interest,

1946, and $1,050,000 included

period ended Sept, 30, 1944.—V. 164, p. 1913,

the

on

amor-

authorized

Section

Prov. for Fed. and State

Gross
Net

$1,609,014

of

company

•i, '

Bank

frt., returns and allow.

issue

$8,411 751

of

(net

/

National

value.—V,

Taxes,

2551.

p.

revenues

lease

income

shares

amounted

Period End. Sept. 30—
sales and earns,,

of

1946.

Sept. 30—
deductions

this

14.0%,

,

$3,854,717

-

held

1946.—V.

revenues
revenue

of

expenses

29

Dec.

purchase

a

Profit

Operating
Operating

EST,

1946,
or

$3,696,562

Powdrell & Alexander, Inc.—Extra Dividend of 500—

Gross

common

Nov.

$574,883

On

Pittsburgh Coke & Chemical Co. (& Subs.)—Earnings

to

437 500

Exchange

of

July 22,

Federal

months'

Co.—Listing Authorized-

20

M.,

23,

$5,185,015
1,330,298

30, 1945, which will result if the reduc¬
by the Public Utilities Commission of the District

}}/.}■■?/v'.V

the company at 900 Sansom St^ Philadelphia

1

Costs

of

300,000

2552 and 2696. -.:

pp.

appointed

For the three
of $7,857,000 and

P.n Nov- 22 anno"nced that it will quote this

distribution

17,017,000

par

estate.

excess

of

the

output

Nov.

..4>;

The latter is

announced

was

authorized

A.

for

1,277,606

Phillips-Jones Corp.—Transfer Agent—

held almost in its
entirety by Nathan
Ohrbach, founder of the business and member? of his
family.

has

ended

The

31, 1946, net sales
$1,032,000 including

was

in

were

debt

shares

Oklahoma Natural Gas

11

bids

electric

^-v; 164,

.

company

consist
shares

after

than

..

year

$30,000,000 and

$165,000

profit

The

of

excess

of

the

Weekly Output—
The

registration statement discloses that the business has earned
a
founding in 1923 and a steady growth

In

were

purchase

will be received by

later

$4,974,169

taxes,
after, deducting the portion thereof, refundable after
of hostilities, ot Cr$333,149 for the period ended Sept. 30.

profits

$30,000,000 first and refunding
mortgage bonds, due 1981, will be received by the company at the same
address not later than 11:30 a.m., EST, Dec. 10.

Inc.

net profit in every year since its
in sales volume. For the fiscal

the

Separate

Ohrbach's, Inc., New York—Registers with SEC—

for

record Dec. 4.

for

28,441

$5,209,902

—

$5,156,575

33,821

12 months ended Sept. 30,

for the

rates ordered

in

NOTE—Provisions

; 333,333

"$131,264

chase of Preferred Stock and Bonds—
Bids

...

$4,940,347

$3,886,911

Columbia,

-

Philadelphia Electric Co.—Invitation foy Bids for Pur¬

1, 1944.

2,657,679

1,322,991

income.—.

deduction: by $592,000-and $863,000.*

1945, figures include balance of unamortized

of

1,286,862
1,612,014
2,105,598

$5,166,391
43,511

inccme

1946;

surplus

cost

9,702,972

in the 12 months ended Sept.

sion

amortized as defense projects in accordance
•Internal Revenue Code.—V. 164, p.. 2167.

.Ohmer Corp., Day ton,
O.—rAcquired-*
'See 'Rockwell

$312,368

"Deficit.

of

1944

$22,521^701

cessation

L

NOTE—October,

1945

company has provided a'contingent reserve vf $1,245,000 out
income
representing the estimated reduction in gross operating

of

80,498 02,100,357 <i278,790 Crl,328,544
243,617
174,594
2,348,172
2,264,040
733,916
"1,676,338
1,558,624 t 3,303,023
582,204
"1,797,542
286,778
1,942,347

approps.—

Balance to

1946

"The

-

.

316,092

ex¬

taxes

income

•tization

showed

stock

last

$5,124,666

Co.—Earnings—

Sept'. 30—

deductions.^

Net

3,810

V

per

.

investment—first preferred 7%

Gross

Total

Ca-.

&

oper./income—

ry.

Net

$51.48 per share.
The $7. a share.due for 1946
increase the total arrears to approximately .$58.48
per share,
and
the $5.25 payment -would reduce the arrears to
approximately
$52.23 per share.
'
-

164," p. 2057.

operating revenue
Non-operating revenue——

$491,500,

approximately

would

<■

61,023

3,312

'
'
317,119

(net)

1946—Month—1945

railway* taxes

Sinking fund

of

end

<

Net

tion

and

income

profits

Other

divi¬

a

'

9,547 shares

subsidiaries—

$305,775

income

income

S.

nadian
cess

31

Nov.
.>•

operating revenue—"$23,804,762 $22,994,344
Operating expenses
11,718,506 10,318,415
Maintenance
1,599,455
1,230,084
Taxes, other than income taxes—'
1,629,228
1,665,463
Provision for income taxes
1,229,710
2,316,492
Provision for depreciation
2,461,473
2,523,541

$1,467,538'
774,243

827,571
V 59,773

—

U.

equivalent to $5.25 a share.' The balance sheet as
of Dec. 31, 1945, showed
9,547 shares of $100 par value first preferred

,outstanding.

12 Months Ended

of

'
Oct.

of

v.

Total

Pere Marquette" Ry«-rEamings—

Ky.—Pays $5.25 Ac¬

record

in New Brunswick.

Potomac Electric Power

-rV. 164, p. 1249.

12

preferred

$1,513,550

corporation———'—-

Period End. Oct. 31—

first

Nov.

on

of

■

industries and marine services.—V.

1

,

Holders

of

deductions

other

and

Gross

1

V

amort, pf debt discount, premium

and expense, etc., of

v

1212.

Ohio River Sand Co., Louisville,
crued Dividend—
4 "
~

effective data

announcement

to be centralized in the company's plant at 49th & Harrisoa
Lawrencevllle, Pa.
* <
- •
r
.
i
Quimby Pump Co.) Inc.,- was established in New Yor^ in 1893:
subsequently movied to its New Jersey plants, one in Newark and

revenue

:
—

earlier

-

expense

subsidiaries

deductions—parent

30—

earnings
Operating expenses, maintenance and taxes___
Provision for depreciation and retirements——

262,482
17,089

v,

income
p.

12 Months Ended Sept.

£ $410,013

retirements

amort, of
debt premium
(net), etc., of subsidiaries—

164,

<

$36,591

for

-Inter.,

Net

,

1946

,

.

taxes—-,

the

in

as

During 1943 the Quimby Pump Co. was acquired hy H. K. ' Porter,
Company, Inc., and through expansion of its engineering and de¬
velopment work now manufacturers a broad line of pumps used by

(& -Subs.)-Earnings
' 1946
1945

Gross

—„

The

2696.

in

and

1947, to purchase one share of common stock
share.
The warrants will be sold and delivered to the
a price of 1 cent per warrant.—V, 164, pp. 2551, 2157.

Pennsylvania State Water Corp.

Subs.)—Earinngs—•;

12 Months Ended Sept. 30—
1
1
earnings
Operating expenses, maintenance and

Gross

Preferred

SEC

1

,

,

same

p.

164,

Reflecting its confidence in the continued importance of Pittsburgh
a
manufacturing, center, the company, on Nov. 14, announced that
was moving its two Quimby Pump
manufacturing operations in New

one

-

the

expansion of business. Stocks
.

Ohio Cities Water Corp. (&

Provision

with

7% cumulative preferred and 231 shares;!
Offering prices. $50 a preferred share and $150 a

common

the

1946,

The

<;

WARRANTS—Company
has
authorized
the ?
stock purchase warrants.
Each warrant entitles
thereof, at any time after the "settlement date" and until 1

increase during the.
third quarter.
As of Sept. 30, there were 218,193 on the books, the
highest
reported since
the 218,720 listed on Dec. 31,
1937.
The
Sept. 30 total showed an increase of 595 over June 30, and an increase
of
3,590 over a year ago.
It was the 17th consecutive quarterly
period to show an increase over the preceding quarter.
' . ;v
V
Holdings averaged 60.35 shares against 61.36 a year ago.
Foreign
holders totaled 1,196, a decrease of 50 from a year ago, with com¬
bined holdings of 325,742 shares, a drop of 13,308.—V. 164, p. 2447.

par)

are, not

-V.

of

by the new
Arkansas, the West

in

Jersey

20,000

per

15,

1946.—V.

Bts.
-

stockholders of this company continued to

The

K

Obrig Laboratories, Inc., N. Y.—Files with SEC—
2,000

the

upon

EST on Dec. 31,

$2.75

covered

areas

Smackover

$1,447,168

54,780,000 kwh;,, as compared with 45,875,000 kwh. for the
corresponding week last year, an increase of 19.4%.—V. 164, p. 2696.

The

as

it

underwriter at

totaled

for

shares are being reserved for issuance
to be sold tp, the underwriter.

20,000

additional
and

(H. K.) Porter Co., Inc., Pittsburgh, Pa.—Moves Pump

300,000 shs.

-

The

Schuler

Manufacturing Facilities to Pittsburgh—

Pennsylvania RR.—Number of Stockholders Increase

Northern States Power Co.

f

$785,727

*350,000 shs.

include

Phillips is a purchaser of oil, according t®
Nov. 21 by Frank Phillips, Chairman, and

the

PURCHASE

of

holder

p.m.

at

513,492

1875.

p.

1c)—r-——.

(par

on

and South Tyler in East Central Texas.

area,

Nov.

19,

*

which

STOCK

'

—V.

in

issuance

1,329,334

206,562 •;V

for

is

made

President.

announcement

Texas

and

which

in

S.

Adams,

;

of 10
posted price for crude oil it purchases in
the Texas Panhandle so as
to
include > all

the

Kansas

announcement

K.

tURPOSE-^To; provide the company with additional .working capital.

the

Gross

Oklahoma,

The

wagers.

organization

an

stock (621,460.34 shares, no par),
$196,150; earned surplus, $3,629,135; com¬
shares at cost), Dr$579,3Ql,
total,

(67,586

13.

p.

In

an

selection
,

liabil¬

current

series, due Nov. 1,-1964/furnace, kilns, etc., $68,694;, $5

has extended its recently announced increase

barrel

per

remaining fields

■exercise of the warrants

$631,326
/

"show"

and
up

given

164,

other

3Va%

common

surplus,

treasury,

company

cents

manufacture, sale, lease
and servicing of totalizing
all parts of the United States and Canada.'.-'.'"
; - ,,V

Common stock

f.

Operating income
Other income

//The

•

which

machine

any

in

$112,000;

year,

Phillips Petroleum Co.—Extends Price Increase—

Authorized}- ^.Outstanding*;:

186,924

58,763

"M

taxes

build

on

capital

stock

$17,523,219.—V.

CAPITALIZATION GIVING EFFECT TO PRESENT OFFERING

/

excess

taxes

"place"

is to

company

made

117,017

54,052

the

pari-mutuel

a

wagers

"win,"

namely

of

aim

service

all

total

and

race,

development,

30,281
and

given

a

ultimate

1946—12 Mos.—1945

tickets

and

lease

assemble,

to

Issue

a

'

stores and - warehouses, in the computation of
and for general use in totalizing data received from

department

of all wagers made for the so called "daily double" In
racing and "quiniela" in dog racing
In addition, the company

plans
In

288,576

__

retirements—

income

Other

$386,933

within

preferred stock $2,329,523;

$6,124,444;
mon

total

grand

gen¬

.

Maintenance

for

4,030

$686,331

and

expenses

Prov.

Fed.

$29,444

1946—3 Mos.—1945

revenues

admin,

eral

$335,935

>■

due

$107,744; first mortgage bonds,
$3,091,000; reserves for relining blast

plurality of various remote locations.
.
1
the outset, the activities of the corporation will center upon the
further development, marketing by lease and rental agreements, and
servicing of an entirely new totalizing machine which will total all
wagers
made on any «iven selection or selections and compute the

will

Period End. Sept. 30—

Operating

2,570

payments

ities,

At

2056.

p.

Northeastern Water Co.

Oper.,

$389,503

218

•

ing fund

of

returns,

payable
trade, $1,484,335;
notes
payable,
accrued liabilities, $359,495; first mortgage bond sink¬

bank, $600,000;

7

a

5,946

.

horse

Income

164,

7,512

$29,662

$34,686

$329,989

$381,991

345 v;':/;:.

r*

notes,

etc.

—V.

•
.

_

_

equip,

on

$29,317

$34,199

net—4

LIABILITIES—Accounts

Jersey

v.

purpose

election

Other

;

Transfer "Co.,

was
organized in Delaware April 24, 1946,
manufacturing, operating, renting,
leasing and
servicing pari-mutuel machines used at race tracks of all kinds and
particularly at tracks where horse, trotting and dog races are held.a
In addition, the company has been organized for the
purpose of manu- i
facturing,
operating,
renting,, leasing
and
servicing
all
types
of
totalizing machines for use in keeping inventories and for other uses

148,100

Crl5,000

Crl0,900

Depreciation

n.. j.

and

sidiary companies, not consolidated, at cost, $178,748; fixed assets,
(net), $7,474,199; deferred charges, $534,624; total, $17,523,219.

offered

was

^

Registrar

Agent,

Monday, December 2, 1946

COMPANY—Company

for

1

36,400

17,100

tax..

Transfer

and

share,

per
„

,

Registrar

$3,641,013

24,003

operating

a

as

$295,543

city,

expense

General

1946—12 Mos.—1945

1946—Month—-1945

$301,078

—

The stock, priced at $2.75
speculation. 7
:
■
;

York.

(& Subs.)—Earnings—

Period End. Sept. 30—

Operating, revenues
Equip, maintenance and

^FINANCIAL CHRONICLE

Public Utility Engineering & Service Corp.—Output—
Electric output of
for* the week ended

$54,_G5;

pared

cost,

increase

with
of

the operating companies served by this corporation

Nov. 23, 1946, totaled 2207727,000 kwh., as com¬
176,980,000 kwh. for the corresponding week last year, an

24.7%.—V.

164, p.

2734.

•

.

,

•:

'"

'

•

■'',

'

i

'•

Volume

jtf,:.lM'

NuWSer

164

Kalamazoo, Mich., but that equipment and material
still preventing the company from reaching capacity
The backlog of orders continues to increase, as each
month's orders have exceeded production, he said.—V. 160, p. 1671.

Operating

revenues—;,

Operating

expenses—

Federal

and

Fed.

State

2,474,579

exc.

2,225,392

9,459,637

193,000

1,515,000

'.ft 934,671
190,116

Other

prof.;,taxes—ft-;

income

_

(net).—

958

$786,137

Deducts,

from gross inc.

$1,053,824

689,743

1,237,844

$2,332,853

«—Vr 162, p. 2899.
'

»v

s,

v

./

i

,

.■>

A

'

' •

:
*-

*

,

^

r

\ 'ft1

<

f,

'

:

■,

is/' V

,,; 1

,■

,

>'11

.

'^

'Y

<

price

100 Broadway,

9

Months

Net

sales

Cost

of

ftftftY'

Ended

production,
Pulp sales, tons

Sept. 30—
tons

New York, N.

revenue

other

z

195,963
480,898

—,

Net profit from operations——.——

-

Preferred dividend requirement—„
income Applicable

67,647

3,825,519
380,731
' 432,883

ft -ft

ft

„

to common stock,

.

.Earnings .per share of common -stocks™r—.

\

u.

?

..

(other

and

Sleeping .Car
Total

Opera.—

$/...

other

$

...ft. ft-

58,724

•ft 438,018

ft 155,476

$1,105,338
30,629

$3,037,816

$3,230,118

ft.

83,700

f-*

funded

on

$993,865
ft 201,000

debt

'

Net

80,957

;

Amort, of

103,382,822 105,442,898
35,417,653
38,560,084

97,926

Crl66,544

44,144

158,045

609,473

5,166,474
602,325

49,607,369
5,772,663

/—--ft*/'

1,427,293

1,114,273

10,316,777

inc.

and

ft 79,008
16,040

JL83~582

181,103

551,786

73,767
16,040
552,231

225,493

678,575

revenue

Net

Auxiliary Operations:
revenues
ft—"ft

$307,967

$848,688

$868,383

4,255,034

4,244,516

4,252,122

Federal

$4,567,204

$4,563,001

$5,093,204
159,500

Federal

taxes

630,000

$4,303,704

$4,284,249

•

'I'.. -ftY
'1

Y'UYYY'TY'*!.1r '

'■ '

Net revenue

Total

net

•

1,222,067

"707,634

revenue

.701,150

Oper,-income

794,809

<m

.

107,794

.

3,973,190
2,887,201

3,417,728
.2,717,096

'

'

••

•

75,149
1,502,443

—

fTaxes accrued —'
-

'

327.181

———'

expenses

419,661
311,867

402,330

-

.

'

Depreciation ft--—ftft
adjustments—»
tlncludes:

1

875,613

657,396 ft
576

5,942,437:; 7,895,913

166

436,522

433,003

81,679

:1,563,016

3,911,873

4,511,087

1 114,012

Payroll taxes
——
C.. S. Govt, income &
; excess
profits taxes—
—V. 164, pr 2734.
:

5,821,446

-

SEC

to

issue

Bank

$204.50

at

income

accrued dividends to Dec. 31,

latter

Direct

unsecured

an

Stock—

1945

ft 1946

income

operating

458,181

528,905

$407,150

20,358

140,000

tl20,000

On Dec. 13, 1946 a new scale of express rates will become effective
all 23,000 offices of the company, it was announced on Nov. 21.

at

recent

a

on

Net

Commerce -Commission

decision of the Interstate

rates

new

the

express{seryice to
V, ;i64, j P. 2552.
•'■■■ftft / ■'■.

it

high pre-war standards,

the

>'

•

Net

Sept. 30—
after taxes..

profit

Earned

—V. 163, p.

$1.61

,

(one share

$2.08

Year Ended Sept.

•Operating

Corp.—Earn*

1945

1944

$686,198
506,732

$731,981
518,182

$179,466

20

38

;

Net

earnings,

Other Income
Total

^-.,1-..—

—s

,

*

.

income

$173,053

Income'deductions

—;

37,088

*

* $213,798
147

'

' "$135,970 * $142,159

Net Income

$149,403

:

*>—V* 164, p. 1914.

Rockwell Manufacturing Co.-4-Further Expansion—

v

Willard

Colonel

announced
'

r J.

the

Rockwell,

by

•

President,

of" the

company

Nov.

15

Corp.

of

on

Ohmer

<

The company will continue to operate as the Ohmer Corp.,
wholly-owned subsidiary of Rockwell Manufacturing Co., and main¬

President.
a

tain

plant

disclosed.
:

,

and headquarters ill Dayton. The purchase
•.v...*.,- -. rf;; •
:v-, "

Ohmer

The

;

Include

has

Corp.

taximeters,

fare

been

business

in

registers for

since

street

price

from

and

and

in-•

$16,589,389

for

depreciation-.

Prov.

at

by

the

enterprises. During the war the firm
making airplane equipment and various secret
Army and Navy. The present payroll is in the

Meter

tional

to

The

as

assistant

new

date

F.

Brooklyn,

Co.,

Meter with

National

Ohmer

Chairman;

Rockwell

W.

addition
F.

to

*J.

Rockwell,

Mr, Kenny
Jr., and J.

the

1941

Mr.

amalgamation

,W.

Allen

F.-

Rockwell,

and M. J.-Carl.

officers

of

Harlan,

the
Vice

Meyers, Secretary-Treasurer.—V. 164, p. 2734.'

'

J.

A.

E.

•

inc.

Transfd.

.Four Months

Net

Ended Oct. 31—'

f

profit per share_j.*——

According
fiscal

to Richard H. Lewis, President, .the

year

is

62ft

above

last

board indicated considerable progress




year's

from

SHEET, SEPT. 30, 1946 •

: ■

ft

.ft'

•<

-

BALANCE

$0.79

& '1945 ':•'
$0.43

net

sales

volume

|ft''7 South Shore*

>

•1,329,123

'

ft

Electric

totaled

24~507.

:

•{I'"I'

58,523

;

October———-

$2,783,409

ft:

,>'■ •
936,173
1,940,000

:

Net

ft

Net

'$3,463,280
1,084,756

946,800ft?ft. .200,0001

per

600,000

—_„ft:ftft;

—

$1,493,715

com.

ft- $176,853

$2.75

$0.26

share-

profit

.

^

i

ft' " l'\J

"

Co.—Earnings—*

'

;;

-

1945

1946

>

i

x i

%

-

Cl

ft',

ft"v-

'),

>
ft

- t-

'

1944

from

Gms°smf?oam railway—

ft\

$1,943,409
ft.
$1.58

$2,042,349
$3.49

ft'

_

'•

1

•

'•'* '

+

'

•'

' '

Seeg-er Refrigerator Co.—Name Adopted—
See

i

1943

$39,594,937 ft
12,*56,321
3,613,227

321,771,933 409,538.014

ry9^er

—V.

164, p.

413,399,831 384,197,332

106,850,811 128,481,270 148,696,758

railway--- ; 34 614,840

from

Net

income.- 20,558,613
30,234,083
2735.
'< ; ;■;'.''ft.
ft/ ;7''ft> vft1

33,889,029
ft-■>■,

ftft'

49,943,015
-ft/'ft, ft

.

...

>>

for the

approximately $475,000.—V. 164, p. 2449.;
'ft'

ft

i..

-reserve

quarter ending Sept. 30 includes approx¬
imately $445,000 from sale of investments in associated companies. For
the nine'niohths ending Sept. 30,. net profit-from .-this Source amounted
to

'

(

;MMay— $33,301,889 $39,441,005 $40,749,16J
from railway--2,506,476
4,803,695 • 10,709,352
ry. oper. income
2,836,587 . 3,453,807 f 3,103,938

Gross

'. '

; ;

Southern Ry.Period—.

ft" ft'-V';1-..

Seeger-Sunbeam Corp. below.—V.

164, p. 2058.

ft ft. ft .ft/ft.
ft

,

ft

'

Gross

-Gross'Earnings—*^'-'ft.V>1

ft ft; : ■/ft

....

in

figure.
His report to the
toward the completion of Ruud's

' ft'

•

Southei^'sfcacific
-ft.';

$376,855
-ft"

,.

Southern Colorado Power Co.—Weekly Output—
output of this company for the week ended Nov. 23, 1946,
2,323,000 kwh.,
as
compared with 2,159,000 kwh. for the
.corresponding >Week last year, an increase of 7.6% .-^V. 164, pv 2734.
n

833,277;

~sjo65- •/. .'77,355
-

,Piated lPri"•

v. 146, p. 2870.
.

ftftft.: 58,527

ft/

ft./.ft nft|

436,500

.'-ftftft

•

' '?

>

through F. L.
f Putnam & Co., Inc., Boston,; $600,000 25-year 33A%ft|
bonds.
Proceeds were used in part to retire bank loans,

22 ,040,649

373,500

ft 259,542

p. 1915. '

Utilities"AsWcia{es--!B

vately-—The company has sold privately

Net

NOTE—Net

Increased—
"

31,605,292
-737,223

145,500

$2,440,515

Surplus——.—*

*'"• '1946 >

93,049

'

W.

*

-this

exp.

taxes-.:

for contingencies

:

Manufacturing Co.—Earnings

strike

Strlko "expense
Prov. for inc. taxes

,K-

Presidents;

bef.

and

Are:

Corp.

'

124,500

—

Profit

Willard

Jr.;

155,478

ft1,

.

Earned

I?uud

*$3,739

—

ft*

6,693,544

282,407

-

expsft :
491,34-7
expftftftft: ft 21,992
Int. on notes pay., etc.- ftftft 27,748
Equity of mln. int. in
'' • ; '
;
...
profit of a sub
ft; 30,830

''W

-

Ohmer

-.
,

Emplft: pension

served

Kenny has

the President.
is as follows: Colonel

Kenny;

the

$200,871
.197,132

$13,230

f 256; total, $7,392,399'.—'V. 164,

t

of

Rockwell,

•Harlan; E. W. Meyers; F. J. Schnacke;
In

in

directors

of
N.

Following

interests

to Colonel

board

Y.

N.

Rockwell

-

Sell., adm. & gem

neighborhood of 1100.
.. . •
.'
N. J. Kenny of Pittsburgh has been'elected President of the Ohmer
Corp. by the reorganized board of directors. He plans to move to
Dayton immediately. Mr. Kenny was formerly President of the Na¬

653,745

$7,608,C08 $37,319,327 $26,491,842

13,294,547

Provi for'- amortization-

used

196,354

$3,965

195,571- *

'•'Profit.

-

taxes, etc., exps.——

cash

used by "commercial

,

|$192,389 ft

$182,331

Net loss

ft'

■

Wages and "sals., prop.

registers
devices

- ,r

|

Income

>

V(J:

,

..

Net'earnings. ———————
deductions ———

excess

costs, inc. mats.,

Manaf.

buses

sale of

income

Total

not

was

products

1898.. Their

cars

tor

.

.

exps.

" $0.86

,

>ft.

vpsts, in assoc. cosaft, ft ft / 615,347
"Dividends, .ihterest and 's".ftft^ft "'.ft''
other Income
64,924 "
14,101

operated

capacity

Oper.

•

Profit

^

.•,.

whp, ;has; served, as' President of the Ohmer. con¬
past year ^ill remai^ with the new ownership as Vice-

the.

for

and

Chairman

this

Harlan,

Allen

cern"

F.

purchase

Ohio.

Dayton,

73,450

139,500

-

.

,

$213,945
64,542

$179,505 >
37,345

.

ft

pre fit—

ABSETfr-fCashftin ?, bankKi and>on fdiand/ft/$l<372>552ip.>Unitecb; StatekASSETS—Utility plant, inch- Intangibles aggregating $657,056, $7,097,obligations, at >cost plus.ieccrued interest,! (quotedsmarket
132;
special deposits, $1,480; cash
(incl. bond interest deposit of
$2,040,000, pledged to secure notes payable), $2,014,754;- notes
$8,987), $98,208; accounts receivable--(less reserve of $5,112),- $50,225;
receivable,-$7,134,689; repossessed automobiles, etc., carried at unpaid
accrued utility
revenues, $58,397;
materials and supplies (priced at
balances of respective notes plus repossession and. reconditioning costs,
ft average coSt), $37,183; prepaid taxes, insurance, etc., $5,831; debt
$1,009; cash surrender value of insurance on life of officer, $29,721;
discount and expense .in process of amortization, $43,94.4;
total, $7,prepaid interest, insurance, etc., $18,304; automobiles used in busi; 392,399*.
'
"
'
iiess, at depreciated amounts, $13,036;. office building and land (being
LIABILITIES—6 %
cumulative
preferred stock ($100 ' par.value),
amortized over term of related mortgage payable), at cost-less reserve
$1,044,400; common stock ($100 par value), $750,000; first and refund*
'for amortization of $18,445; $101,556; furniture and fixtures, at cost
ft ing • mortgage
25-year 5 ftp- gold bonds, series A, due May 1, 1950,
less reserve for depreciation of $52,324, $9,277; total, $10,694,898.
% $2,861,000; The Great South Bay Water Co. first relunding mortgage
LIABILITIES—Notes payable, maturing within six? months (secured
5c/o gold bonds, maturity extended to Nov. 1, 1949 (less $163,500 re¬
by United States Government obligations $2,000,00C; unsecured $3,030,acquired and pledged under the indenture securing the company's 5%-ft
000), $5,030,000; dividends payable (paid Oct. 1, 194S, $53,128; ac¬
gold bonds due May 1, 1950, and not available for the sinking fund and
counts
payable and accrued items, $340,743; dealers' participating ftftless $7,000 deposited, with> trustee for Nov. 1, 1946,; sinking fund),
loss
reserves,
$245,878; reserve for credit losses, $150,000;, deferred
.ft $189,000; demand note payable to Federal Water & Gas Corp. _(227,income—unearned discount, interest, insurance and carrying charges,
960) and accrued interest thereon (payment of interest subordinated
$533,741; 314 '10
subordinated sinking fund note, due Jan. 1, 1961, ft to payment of dividends on cumulative preferred stock—such dividends
$1,500,000; mortgage payable, not assumed, secured by- office building 'ft are in arrears from Feb. 15, 1932), $437,385; due to parent company— -ft
and land, $101,555; 5r/o cumulative preferred stock (par $25), $1,250,- ft New York Water Service Corp.—loan account ($475,000) and accrued
000; common stock,
(par $4), $1,000,000; paid-in surplus, $137,500;
interest thereon,
$551,517; accounts payable, $17,136; customers' de¬
earned surplus, $352,353; total, $l0,694,898.~rtV, 163/p. 3424, ft
posits and accrued interest thereon, $52,338; accrued general taxes,
$64,112;
accrued interest on long-term' debt, $63,637; miscellaneous
accruals,
$4,660;
deferred
liabilities, $64,185; depreciation
reserves
Sharon Steel Corp, (& Subs.)—Earnings—
(incl. credit of $233,000 recorded by charge to utility plant prior to
Period End. Sept. 30—
1946—3 Mos.—1945
1946—9 Mos.—1945
ft recording appraisal), $923,273; other reserves, $1,579; contributions in
Gross sales, less disctsft
<-;■
ft
; ft.':
•' >
f ?
"
V; ft aid of construction, $116,783; capital surplus arising from appraisal of.
etc.
—.ft..-ft—ft $15,908,918 $7,593,906 $36,510,103 $26,398,793
property as of April 1, 1930, $563,599; earned surplus (deficit), $312, ft

$2.04

i

$173,033

and taxes.*——

expenses

'

1946

net

Government

1943
$1,279,239

$713,162
" 540,129 ;;

30^-

Operating revenues..I

ft

w

^PT.,30. 19.4^

—.

v

85,000

...

Consolidated Water CO., Inc.—Earnlngs-ft
>ft ftft" ..-/ftftft "ft 31946 : ft ; *1945
ft .1944^
revenues—1 $593,971
$557,810
$545,625
and taxes
; 411,640
365,421 - < 344,754

Operating

ft

1202.

Rochester & Lake Ontario Water Service
.

for each four,at $5.25),

it-i;rA:

income taxes

.

Year Ended Sept. 30r-

,•

62,410

$0.73

• - ft

•

taxes—-ft-—;i—-—

South Bay

$176,543
42,541

•

+No provision required for excess profits tax.
JExclusive
stock dividend of $125,000.
§Exclusive of stock dividend of $262,500

of

::v-

,1944
$1,307,628

$1.63

.

,

$1.03

$1.14

■

value

1945
$1,022,344

1946

$1,014,310

share..,—*-

per

*146,500

$246,793 .ft $180,670
54,002
43,504
75,000
$68,725

(exclusive of post-war refund of $3,500

•includes $31,500

132,681
58,542

'

ft- 52,500
" 232,400

—

$586,038
$122,069
Earns, per sharej-u—~>
$0.32 ft ft x ; $0.07ft*
NOTE—^The above figures exclude minority interest.—V. 164, p, 1764.

profits tax.)

(Including Domestic Subsidiaries)

;■

9 Moa. End.

;

Earnsftper sh. com. stk.

Paybestos-Manhaltan, Inc.—Earnings—
i

$346,629
62,507
§93,751

.

dividends

Common

added.—

report

^^

■;=.v-W-:"

v;..

■

which,

increases

represent

—ft——ft

dividends

Preferred

is hoped, will permit the
Express Agency to meet the higher wage scales which, have been in
effect since Jan. 1, 1946 and to offset the higher costs of materials,
equipment and rents, the report stated,
>
It is expected that the additional income to be realized from the
«ew charges
will permit the company to hasten its program of reha¬
bilitating war-worn equipment and will make it possible to restore
the

Income

for U. S.

Consolidated

■

"1.

taxes

-

Colombian income

Prov.

$323,043

.

35,000

for post-war devel.
to
employees
profit-sharing pension

Federal

135,553

—i

for

$471,742

$1,145,991

——

—

2

Prov.

15,825

156,000

•

Contrib.

for

t

$351,494

26,085

-ft ■

Res.

Prov.

Months Ended Sept. 20—

Depletion

$997,811
ft ,181,326
493,442 ft

.,476,498

$528,715

> 687,833

exps.

Profit

I;1 Railway Express Agency, Inc.—Rates Increased—.
Sased

\ 9

Consolidated income

Depreciation '

charges.

Platinum Co.—Earnings—
,
1946 .ft>
1945

South American Gold &

t"
1943

'

,1944

-

$1,228,176, $1,023,436
292,121 •
195,443

$1,674,729

—-

General

of

$94.50

price includes
1S46.—V. ,140,. p, 1497.

which

share,

per

and

$240,641.—V.

of Seattle,

Earned disct., int. & ins.

recently authorized the redemption on Dec. 31, next,
of $150,000 of 5ft* first mortgage sinking
fund registered bonds at
110 and interest and all of the 91 outstanding shares of 7ft- preferred
directors

stock

the second quarter, a profit before
the third quarter, a profit before
164, p. 1764. ftftvftftftvftftftftft

$24,256;

$226,071;

of

of

The first quarter

$137,454.

"/ft. NOTE—For mechanical reasons it is not always
possible to arrange companies in exact alphabetical
order.
However, they are always as near alphabetical
position as possible, ft'ft'ft
-ft'; ft ft ft
-ft/ft ft

Securities Acceptance Corp.- -Earnings—

Queen Dyeing Co., Providence, R. I.—Redemptions—
The

of

loss

a

$519,639

'

deducting the reserve for
showed, before

after

quarter,

third
were

h. ——f-

$601,693

issued'

15

Nov.

on

company

12 Mos. End. Sept*30—

•

the
tax,

,100,000

,

,.

,

12,449

3.732

^' ft 'ft/v/ft'/ft

5^- r

;•

—

$261,156 '

an order granting the application of
promissory note to The Seattle
!|| Silverwood Dairies, Ltd.—Calls Preference
Wash., in the principal sum of $1,000,All
of
the
unexchanged
shares of 40-cent cumulative
and par¬
000 for the term of five years and bearing an interest rate of 2'/a 70
ticipating preference stock have been called for redemption on April 1,
per
annum
on
the
unpaid balance thereof.
The notes is payable
1947, at $15 per share and accrued dividends of 20 cents per share. v$60,000 six months after date and $60,000 each six months thereafter
";
It was also
announced that holders ot' this stock may. exchange
with the entire balance to become due and payable five years after
ft the same for class A and class B stock on the basis of one share
date of issuance.
The proceeds of the note are to be used for the
of class A and one share of class B stock for each preference share.
construction and Improvement of certain oil-gas facilities and prop¬
•..This/offer expires Dec. 31, ,1946.-—Vft 164ftpft.l764v;ft!'.ft- ftft7ft;ft (ftftftftftft
erties of the company.—V. 164, p. 2449*

the

First-National

•Includes:

Deprec.-

....

.

ft

Sept. 30—

for

recovery,

Seattle Gas Co.—Note Authorized—
The

6,407,745

3,356,125

.

210,000
317,218

..ft,,

.v-vvtv

income

Earnings

,

11,631,082

520,917

210,000

.

$4,284,249

$4,303,704

Sept. 30
—V. 163, p. 2769.

11,017,409 -18,040,827

7,661,284

210,000

Earned surp.

:■!

■ ■■

.

1,085,827

700,632

___

dividends

$564,873

210,000
317,218

—

—

———————

taxes

68,752

$5,120,504
206,256
630,000

Federal

53,500

surplus
dividend?

Commoft

Total

Total

income

$310,681

Total

$696,975

/.

———

-

-

-

4,256,523

Preferred

;

—

contingencies

Reserve; lor

period

16,954,837

.

„!

667,260

ex¬

245,759

7,389

$671,576
114,357 ft 106,702

$50,898

$64,988 ftft

-;:-

-

2058,

9 Months Ended

tax

Net

.

9,267
**_-

dividends

Earned surp. beg. of per.

Net Income for

$811,332

...

1946
"
1945
1944
Sales and operating revenues—.
> $6,4iu,J.18 $13,2ox,t96 ,$9,376,601
Earnings before taxes, renegotiation
ft ■
ft
and reserve for contingencies— " •; 442,456
2,533,100
1,967,955
Reserve for taxes—:
-ft-ft 181,300 ft 1,831,407 ft 1,448,316

132,432

42,827

profits taxes——'

cess

45,791,106
5,609,972

expenses—,.—"

for

Frov.

$60,063
9,165

$664,186

8,775

Signode Steel Strapping Co.—-Earnings—

2,268,363 Crl,473,101

4,974,807

54,000
1,257

retired—

for, depreciation

Prov.

$802,557

266

-ft

deductions

income-

p.

ft

'

ft;
bds.

on

$59,797

203
$74,254

—V, 164,

of issues

cxp.

$74,051

income—
(net)-

dividends

212

212

.bonds, notes and
preferred shares—

:

4,490.534

'

tax
accrls-

res.

oper.

Preferred

789,162; ft 1,000,750

ft :

331,433

>

1946—Month—1945
1946—12 Mos.—1945
>$285,240
, $255,942
$3,032,067 $2,748,058
119,178
93,215.
1,234,569
1,053,209
ftftft 21,925
15,671
198,639
,197,052
ft 23,669
22,837 ft
266,589
264,061
32,600 ft'
23,300
345,381
278,000
27,000
16,346
119,000
13,816
14,122
167,986
172,549

income

Income

$3,311,075

$3,121,516

$1,135,967

Interest

Prem.

11,207,062

Conducting car opers.—
General

168,347

25,068

surtax

uof.

income

Gross

$968,797

Exchange

3,225,911

cars..

maintenance.

Utility
Other

—

•.

ft 953,936

;

of

10,335,411

of

excess

Retirement

inc.

income

Interest

1946—9 Mos.—1945
$

profit

Total

,«$2,25rf"S >$0.34

$

Fed.

Common

Other

J946—Month—1945

•

revenues

•Maintenance
All

30—

2,087,739

Other income

REVENUES AND EXPENSES OF CAR AND AUXILIARY OPERATIONS
Period End. Sept,

350,611

prof, taxes)

excess

normal and

$4,339,530

$5,563,563

768,243

than

Gross

$276,-183
326,939

.

$1,514,673

exps

Taxes

'

;

admin,

—————

taxes

Fed.

maintenance

and

ft^ftft ft

'

T-ftft

Maintenance

••/':•>;•'•

*

•ft"

"ft

Co.—Earnings—

1946—9 Mos.—1945

1946—3 Mos.—1945

.

revenues

1519.

Power

Period End. Sept. 30—

Electric Co.)

Saguenay

except

$1,905,387

revenue

50,452

y "
■ ft'ft
> '
ft •
v ft. /ft ft ' -/ft ft/ ftft ft/ft
(The) Pullman Co.—-September Earnings—

ft''

Period End. Sept. 30—

Operating
Operating,

$326,585

$734,183
326,917

-

Common shares

•-¥.i63,V.-2908.;

>

50,439'

$784,622

.

ft

subsidiaries,

(Including

$4,965,718

_v

expense

Depreciation —
__i;
Provision for Federal taxes.——

Net

59,602

3,377,352

■••.;.

„

and

Saguenay Power Co., Ltd.—Earnings—;.

1945 ft\
67,304

"

$4,838,835

„

other

and

sales

The

General

1946 '-•■
58,757

_

at

Operating
Operation

Co., trustee,
'
'

New York Trust
Y.—V.. 164; p. 2734.

obtained

be

may

155, p.

Sierra Pacific

bonds,

gold

fund

sinking

mortgage

ft

due 1979, have been called for redemption on Dec. 26,
102Vs!,and interest. .Immediate payment, of the full redemp¬

Puget Sound Pulp & Timber Co.—Earnings—
Pulp

first

outstanding

latter

Seeg.er

New

Treasurer.—V.

of

ft-.ft'

-.ft

series
at

tion

it

the

of

All

1946,

,,

,

>''

•

$1,759,239

,

$588,718

the

the

on

Seneca Falls Machine Co.—Changes in Personnel—
.Edwin R. Smith, Executive Vice-President and Treasurer, has been
elected
President,
succeeding
Marcus
A.
Coolidge, who has been
elected Chairman
of the board.
Mr. Smith also retains the office

serial

mortgage

Safe Harbor Water Power Corp.—Calls Bonds—

2,694,968

$364,082

197,419

inqome——— '

first

outstanding

■

ft

4,/a%
•Net

the

of

Refrigerator Co.
Commencing Nov. 22,
York Stock Exchange will be in common stock
corporation.—V. 164, p. 2058.
.
,
to

company

dealings
of

$4,454,208

$3,570,697

this

of

the name

approved'a proposal to change

The stockholders on Nov; 19

-

bonds dated June 1,
1941, were recently called for redemption on Dec. 1,
1946, at 100
and interest.
Payment is being made at the Mutual Bank & Trust
Co., St. Louis, Mo.—V. 155, p. 194.
All

$1,048,184 $3,561,561 $4,435,620
5,640"
9,136,ft,18,587

$785,179

income——ft|

Gross

Seeger-Sunbeam Corp.—Changes Name—

;

Co.—Calls Bonds—

St. Louis Shipbuilding & Steel

Net oper. income..—

; v

at

were

10,625,191

>:;• 400,000

'

283S

production.

in¬

taxes...,—t

come

shortages

$3,467,576 $14,536,198 $14,437,597

$3,659,759

plant

new

1946—12 Mos.—1945

1946—3 Mos.—1945

■

-

/-ft/ft

'••'

EHTh
COMMERCIAL & FINANCIAL CHRONICLE

,

,!> Public .Service- Co. of Okiahomar~Earnings^;;::>^M^|;^i^;1^
Period End. Sept. 3C~

•''

1

"'i

earnings

.

..:

• /•• >ft.'• ft
—^—Jail; 1 to'Nov. 21^—- ;
1946
•.,>
1945" ft '.ft
$5,560,395 $244,299,639 $293,182,248

Week Ended

1946

•

$5,224,435

—V. 164, p. 2735.": "ft "ft.

Nov! 2L
1945 ft ft.

"ft"ft "'ft:' ft/' "ft ft "-/."ft

./

2836 ;s

u

Southland Cotton Ott Co.—New
The

the-

purchase of
Interstate

the. majority

Cotton

.

Oil

THE COMMERCIAL &.FINANCIAL CHRONICLE

.

iiSH'

Conixol-

1

capital stock, of this, company by
of Sherman, : Texas,
Was announced*

';K'' *'

O.Months.Bnded.Sept. 30—*
•reventie_J___'JLi

The

,

Southland

Louisiana

Meriting

with

,/,//■ /;/;:r.// '

■

1

•-•VH/V""':

'

income

I—

*W* '

■

8>374i84Qr

$2,636,62y $5536vQ3L';
28,528-

34,724

\

$11,110,891;

9,091,99*

^2j043^950..

—

_.

*

,

| l<h034>il&

income!......

operating

--

—

Operating expenses and taxes-

has

company

and Mississippi,

1251.

Subs.)- -Earnings-

1946- •
"1945* a
$12)077,665 $1-1,734,608

'•

*■>

Operating

•

194$

Monday, December

.

,

Twin City Rapid Transit Go* (&

(including Canadian affiliate)

by Interstate officials.

p.

-

rheater Go, of Delaware-

of

Co,

-

39,083>;

■

-

*

Taxes,

expenses——'

other than Fed¬
incomei.—y___ J

eral

Federal

Ino.

profits
'

,

1946—3 Mos.—1945"

$2,907,150
1,341,900
" ""

revenues

Operating

260,088

income

269,569

993,297

686,836

.1,583,664

$641,340

$2,851,424

8,593

30,131

Excess..profits tajc^-^-w

Capital sfoclc

2 267 436

.

Provision for Federal income taxes
—
income, taxes———.

.»

-i

Int.

conspl^ated earnings

*

$845,162

v

1

7,327

income——i

•

.

..

$852,489

$649,933

-

..163,402

170,138

■

y $689,067

income.-,;™.—/

•Earnings per share———.i—

16,603.

...

$479,795

686,268

.

862,§55" shares net

=o{

d.,

$2,195,287

operating
Operation

share

■This stock

to Oct.

15,

and

dividends.

convertible into

was

1946.

-

-

■...'•■

■

„s-

$1.72

/

.

,

.

'

24,723

—

Retirement..res,, accrls,-

pfility oper. income—
(net)——

Water

Co.—Stock

Offered—H.

income

Income

M.

,

ferred stock (p^ $100)

$104

share and. #,v>(

per

,

Net

of

plus

the

of series C

$104,

initial

the

stock

C

9 Mos.

offering

public

Jan. •

cn

price,

1;' 1947; less the
of

per-share

490,000

;

315

$1,541,76(1-

$110,041

$103,

ov.er

thereof.

Other

4,A5£.

.

the call and retire-

'

-

shares

of

series

v

,

called in

issued

of

4'A r/c

the outstanding.
shares of series.I? stock..

ta* refund

and 1,940

!

shares

8,827

V

*

'

preferred

6,887
.

.

shares

8 Mos. End.

!

#

(net)

yy

Operating'expenses, ipcl;
taxes. -1—Z-

6,616

"*

■

for

retirement

6,92%

Federal

Doubtful

34,531

on

and

bonds

43,804"

•

'";.y:"s/l51ry

exp.

and

prem.

51,092
146,388

•

:

142

603

V

51,633

// 51,633

51,633

,

$82,030

-

11,744

;j

236,931

v/ ;

$80,552

$7&a91:?

requirements
preferred stock is $37,515. y ('

'

'

.

First

mtge:

bonds,
1,-187.0!

Oct.

y,

Series
series

LIABILITIES—7#
of

3%, 'duo

of

X

:

($100 par)

'

series B 3%

*

;

3,000 shs.

for

pid. stk. ($100par);
(no par)
to

specific

any

bonds

were

k

;

.

amount.

redeemed

On

with

the sinking fund, and interest thereon
l>aid to the;.trustee for the.sinking
fund.,
f

.

i,

Oct.

>•.

Income

'•!'■ "'..-v

!*'"•■'*

of

company.

One

it

as

same

plans

new

added

to

$25,000
and

are

T

-J

voluntary
©re

eligible for the

service.

the

enrollment

eligible.—V.

of

75?*

t^e

164,

p.

&

Stern

previous

by

provisions

a

for

Metropolitan

benefits

Taxes

!

will

be

plan

will depend?;

".

was

Aug.

29

Life

upon-the?

-

'

$1,173

:

$76.7

the

$2.21

$334,096/

and

Exchange

Stock

Sept'. 36—

and Bu$ Operations)

,

total; $3,146,960.;

$168,286

.

7

.

$.165,428

$929,845
.36,660,

..

4,611 fc

4,11.4

*

.ft

fi.ru

"

*

y

-

$2,297,273
1,241,544

1946—12 Mos.—1945 ?
$8,345,496
$8,976,039
4,747,867
5,157,431

^
461,006
$574,734

$2,586,607

-1,493,183

1,232,000

inComs—" $782,412

Dr44

10.0S7

$782,782
159^925

$574,691
160,497,

$2,596,864

$622,857; '

$414,194 y$1,922,06^ *

370

Income—^-!

Ne't 'income*—-—
—y, J62,t p,

'

6.7,4,598

$942

>'$558,075

:v, :3yy

-

$172,401

y.

-

Ki

'

-

$2,104,446)
.-7,853
$2,112,29
'. 708,85

year-end dividend of 50 cents

the directors,
:;v-

This is the second dividend

June,

a

"

■

on

•'!

;y'$360,555,

any

■

M.

Sears,

payable

common

31

Dec.

cents

A

that

a
^

share
■•

stock

1 Ad

;

This bid has been accepted.

per annum;

)

.

ceeds

the

to

applicant

annum.—V." 164,

;

r.

of

orders

this

on

/

October—

•!

corporation has called for redemption on Dep. 27, 1946, a total
shares, of its outstanding $4.50 cumulative prior preferred
per share and.-accrued dividends of 15 cents per share*
Payment will be made at The Chase* National Bank of the City of,
at $100

" '

;'^

-

$4,315,664

1,394,092

.

.

Net .from

4,487

1946

railway

railway—

from

Gross

.*

1332.

11 Broad St., New York, N. Y.^V/164/p! 1127.y;y

:

The average cost- of the pror. :
approximately 1.897* per\ .
'7yi* 'yi;

will be

basis

p." 2327.

Western Pacific RR.-rEarnings—

continues

Twentieth Century-Fox Film Corp.—Redemption—-

New York,

/•*•!

applicant requested bids for the certificates from, 75 represenhouses in'INew York, Chicago, Philadelphia, Baltimore;

having been, made

■

backlog

'/»„ / f'

report of th,e Commission states.:

and in response to these requests 3 bids wera *
received, the- best of which, was that of Halsey, Stuart & Co., Inc.,
which bid 99.279 for certificates bearing dividends at the. rate of 1 A%.-r

.

im.9

n

Authorizedr—. -.-A

company

tativ© banking

was

A plant addition of 45,000 square feet has been completed
will be placed in use for production and storage, he said."*

164, p.

authorized the

21

The

high,
soon,

on," Nov.

The

to stockholders!
•/

<'

■"■:/■

President, said

ICC

Boston, and Pittsburgh,

pistr^t\pB^T;

the

on

$i;863,44*

-

and

the shares which were offered publicly

the initial payment of 25

l.

share

■

to assume obligation ►
liability, as-guarantor,*iri respct of not exceeding- $2)740,000 of
y
1%% equipment trust certificates, series K, to be issued by the Union
Trust Co, of Maryland/ as trustee,
and sold- at 99.279 and accrued, v
dividends, in connection With the procurement of certain new equip- ;
ment. ■ ;
/ ! */';. ?.'/;/////•;/■■ y//! J
/
The

1,541,692;

provision for income
or.exces? profits taxes and. in-the opinion
of the management no
substantial amount of* income or excess profits taxes will have to be
pai$ ffom the income of the period.—V. 16.4, p. 2450s.-'-*";
; yy' .■;■;■■•.■
yj'JrV ^-';yy;y
>.:y ■
,»■";;;; >;*;

vote,d on Novv 19. by
of record Dec. 16.

^660,.

Western Maryland By.—Equip. Trusts

$1,181,136'

$4,196

income.

The

*

1940—.3 Mos.—1945

income Xnot)

Gross

«.

■

•Deficit.':

of

'

Int?,^ etc., deductioitf;.--

$1,138,552
42,584

$966,505

stock

f.

•

.

income_L—

Net income;

:

;.

-

v 329,000

Net ry. oper:
v

!

Ces? profits xaxesi™

Other

-1,52.4,580

v
-V.

^

West Texas TJtilities Co^—Earnings—
Peidbd Ehd. Sept. 30—

,

n A69.097

and

r

convertible preferred stock (7,000. shares),
(20.196 shares), $635,024; surplijs, $213,744^

stock

common

Operating

1946—Month—1945 f -1946—9 Mos.—1945'
$k89S;939.: $1,724,898 $17,111,223. $15,789,92.2
12,88.9,727
1,362,415
1,544,619
14,322,197;
*:
"1,761.643,:
k 1,86,0.33
1,859,181.
197,055.;

deductions™

be

!J

$40,040;'4#

reserves,

$350,000,;

Net opef.
^

1

(secured);
fixed assets (net after depreciation),-$3-,604; prepaid expenses

-

•

1946

Ihveivtoryr?^$2,88^627;; . AccJ;ue4

$176,326;

tota.1, $3,146,960;—V. 164, p. 598..

that

directed

22

Nov.

on

r

$2,331' -V.

LIABILITIES—Notes "payable
(secured), $1,751,000; loans payabla
(unsecured), $129,591; due to customers-(secured), $4,684;-preferred
stock
dividend payable
10-1-1946, $3,483; securities loaned, $1,805;
reserve for Federal
income taxes, ■ $17,500; accrued expenses, bonuses

205,906

$391,348.

8.581

$46.070i

$3.08

and Advances, $45,630;

.'.209,722
•

-

:V 237,805

•DeficR.';VV:?:'i:

$4,435;

/ 41,661

'

All of the first leasehold
mortgage 6% bonds dated Jan. 1, 1930,'
have been called for redemption on Jan. 4, 1947, at 100
and interest.
Payment will be made at the Cleveland" Trust Co., Cleveland, Ohio.—'
V. 106, p. 1371. ,-y-y
y
-y,..7
■*.*::

$62,621

CONSOLIDATED BALANCE SHEET, SEPT. 30,

$540,051

•

^

$56,546,66^
.
; 286,386;

receivable, $17,087; bid deposits, $18,250; due from customers

•

....

$601,070

17,442

1943

.

^

October

(The) Swetland Co., Cleveland, O.-—Bonds Called—




».

$498,384
:

-

$18,209

1944

*'$130,166

—

230,330

,

'■

•

"^-4945

share-«!I-!!^rV!:s? Nil

per

192,984

.

28.7,00.8

$15,171 / $473,593
2,038! ,v 127,477

'

13,971

Towuioto*:■> Curp., Ci4Yeland-!^iiB;rger

£EC
withdrawn from registra¬
•

; 182,606
„

168,205

A

; ^

with

180,-614

.188,155

15,643

.

0?: -■&

'^^1946

Sept. 30—

"

—_

income

Net

-

'

Director-r-r

—

.

.

Lester

filed

:

Earned

NQTE-rThe above figures do not include

Textiles, Inc.- -Registration .Statement

18.—V. 164, p. 1331.

$0.46

,

1.499,913

$170,039.

Total

'

admin¬

V

1,602,353

^

V' %*&'!■
v||
GlaissfForm of Ctf.

York

New

Gross

em¬

to

tion Nov.

$0 40

.

-

;

$2,702,025

15,405

$18,367
•17,193

1—!■,—

2194, -

Operating

emplQyeeSi'^Employees

!"*• "■-;■

:

19.45,

99,800

$4,396

.

deductions™—

Non-operating income—
(■>:• .7
; l.y:1?. ■

''!,V

eligible

registration statement (No, 6708)
covering 191,000 shares of capital stock

317,600

$243,424

.ki-!—— $70,318,798 $81,999,802 $55,738,611
Gross income !—i-w
' 203,286 :
^ 381,10$ :
303,982
257,912
319,480
333,452
Expense^, apdl taxes.
Sales

*

Operating revenues—.

Withdrawh—
TChe

r

$221,391

16$; p» 3463.

^94.;.I?

last

Stern

208,000*

and
been. cl^cted a OlrectOt.^-Xi

Barrows,, formerly President
Chairmaxt of its'board/ has

Vice

now

"

,7,,98t,
'

14,870,

■

Operating expenses

examination

2193.

$561,024

$430,391

Weeden & Co«—

$2,828,489

2,000

(Railway

of

insurance
of

1,168;
Crl,784

of Sears Roebuck & Co.

Arthur S.

.

-

1946^13Mpk

$149,706
35,376

'15.805
y,

income

Period End.

new

medical

of

Unfted-Rexall Drug, Inc.—New

on

Third Avenue. TrRnsiA Corp.^^aming&-^

the

Standard's

life

$784,955
224,547

2,238

$414,543
131,400,.

prefite ttpcqSL*':

Federal income and. ex-

■

plan when they have, six-months., of company
will
be required for thia
plan in,
employees-who enroll within 31 days after, becoming

-No

case

new

.

J

*1944 •'-:•••

■

Cr2,819

Surplus ^.1
—* $283,143'
Earnings per, cprnmom share,!^--.!" *$0.51

uy-*

-

'

-

-J*:

••2:>■ ;2:!>■

Th© new life- insurance plan is covered,
Insurance C<). polic-y.
The annuitant death
istered by Standard of Indiana itself.
the

*

Income

Net

-1945

$649,028
219,218.

244,533
17^468
77,314

*
,

revenues—a $2,532,525
Operating expenses—-—
1,421,113

!

the

of

-

depreciation

Fed.- iricir and. excess

4-

1946

,$753,858

operations,—*

and

Interest wa—tii—w*——
Misc. int. and misc. deducts, (net)-

$694,118;

earned surplus,

'

Depletion

v '

'

P.

V

company; and (2) death benefits for annuitants, to be
provided
t>y the company without cost for participants in the
group insurance
plan after (hey retijr© on, annuity.,
V-"

Effectuation

:

from

1946, $2,822,909;^

"

Subs.)--^EarningSr--

beginning
Dec. 10, 1946, deliveries in settlement of Exchange contracts in con¬
vertible preference stock ($2.40 dl-vidend) may be made only with cer¬
tificates
stamped to indicate the change in name from Thatcher
Manufacturing Cp. to Thatcher Glass Manufacturing Co., Inc.—V. 164,
The

uncancelled

*

^

.

and surtax

Thatcher

of

ployees' economic security are: (1) Group life,
insurance?"to be offered -i"
to .the employees at low
©Qs| because of substantial contributions bv

.

-

-"

becomes due will be

' *',)*-

•

.

income—-

—V. 164) p.

tmately- $120,.090,000- in- vlife
approximately "
24,000 Qf the Standard employees throughout 15 North
Central States^
The

Profit

$1,515,107; ' surplus

1946);

1,

$175,000;

$145,316
100,865

plant
;rtaxes--'—*—!-

Net--income

board, and A. W. Peake
progressive" new benefit-plans
these' plans offers' approxinsurance
coverage
to,

this

$.4,917,400;

$100).

value

^194fi-rrJ^onth-rl945....

'

,

(Indiana)—New Benefit Plans—

Robert E. Wilson, Chairman of
President, announced on Nov. 21'two
empioyees

Jan.

3 Months Ended Oct. 31—

;

*

,

AND

Standard Oil Co.

lor

'"

Facific Ry.—Form of EWorld—:

_'_w—

normal

Gross

v

1946,

Greene- County, Mo.—V. 164,, p. 2059; Y. 162, p.
1211.,

.

'

..

(par

164, p. 2591.

revenues——

*te

BUSINESS—Ccmpany was Incorporated Feb. 10,
in Maine,
The general character of the business done is
sup-'
plying water for public and private purposes in city of
Springfield and
portions of the townships of Campbell and North Campbell, all in
■'

since

Other income——

19U,

'

(unchanged

v.r:;

sinking fund monies

In

'

first, pfd.- stock

York, Stock Exchange

Operating

-

•
317 ShS.
iNojnet! io,000 shs.
8,827, shs.
2Q.000 shs.„ •■■'A
8,254.shs>

hel,d by the trustee under the indenture securing the

COMPANY

-

!

stock

general contingencies,

2

7,000 shs.'

;

cum.

limited

1,439,96%..
$7,671>81t;

.

,

E^ect^ie Coal Co$,

ASSETS—Cash,

cumulative

Outstanding

r

.

($100 par).

pfd. stk.

1,683,225.

.

1945, $3.572,000.—V. 163, p. 3000.

accrued dividends re-*,

$29,40$;

238,700

$9,092,785

$8,693,373

<Jfyi<3en(Js e.nd surplus—

common

Federal! income and excess profits taxes.:,

^Includes
,

$9,331,483!

------

stnpks---*.-■

Balance,, (OE

\ :-

■■

;

$I0,376,598

Di^ide,$d%

value

par

utility

Fed.

/' $78,164

$3,400,000

pfd. stlc.

cum.

•Not

.

.

1

—

cum.

Common stock

pfd.

no

Maintenance.

—:

.Authorized

'

B

Net Income,

unamortizedr- debt•, discount. $nd

v

$10,376,598"

—

Appropriated.to, reserve for postwar adjustmehts

$67,050,
$8,0,6.5? " 7~ $56,700/ j-i-y.;.r

.BABAN.CEJ9WT, BE?T. 30,,.1946. \

,

.

Operation

161

$84,Q30>
'

fieries B

Series E 414%

■

2591.

p.

Operating

"10,205 '

-

the series E VA%

on

Series A 7%
7%

i

BeriQd End, §epb,.3(^

CAP»ALXZAT10fI, UPON COMfLETIQN QF J1NANCIN,G.

-■■

-5,119,245

4,J,66,10£:;. ^ 4,911,99,^

Net income

v

"

r.

:

356

7,461

-

retired-

The annual dividend

,

■

Depreciation and amort.

1

$9,124,229

$8,543,787
5,998,919

deductions

Total

773

29,933

9 Mos. End.

exp.

earnings

*

29,830

103,265

General

Net

343,439.

;

248

^

^as Publio Service Co.—Earn^gs-~

30,07®

;

■y-.

r

discount

50,854

146,297

written

off.
Debt

Disct.,

.

29,830

-

Nov. 22 directed that deliveries.
of general and refunding mortgage 3'%%
bonds, series E, due 1985,
up to and "including Dec. 10, 1946, may be. made either with temporary
bonds or with permanent bonds; that beginning Dec. 11, 1946, only

193>86

219,849

51,159
136,628

50)152

accts.

347,213.

248

dividends

&

$530,067

in¬

taxes—

come

(■

preferred

6,387

.

$556,936

"214,839

73,967

.

and

347,213

!

1 ■*-

permanent bonds shall be a delivery.—V. 164; p. 2736.

physical' properties_i._

r!

x

26,Q8S,?4%j

$14,542,706 $14,243,474*

Gross, income

$118,633

•

total, $19,443,796.—V.

■

of

Interest

■State

$566,610

15Q,135-

.
——

Prov.

1945-;.'

.

$35,213,174.
,

$523,679.

'

2,745

..

■

$497,828

$485,623

$108,333

reserved

Years Ended Dec. 31

$38-3,734 v:

—

■

$509,5,76

$132,286

The New;

Total

■

-

■

-

and

capital surplus
1943

1946 ^

»-

Net operating revenues—
Non-operating revenues. —

..,.70^38

(no par. vaJuef, $82)771;": class A common.
(issued 78,437.4 shares), $452,771; class B
common stock (par-value $1>, $450,006; 30-year
debentures, rserieS
A,
due June 1,-1958, $9,25.9,000;
account? payable, $3,647; accrued,
interest,
$154,317; accrued1 taxes,
$37,127;
reserved for employees'benefit fund, $30,000; -reserved
for probable losses, etc., $1,672,539;

>

1944

1943

$568,456

68,40.6,

.

$185,301

participating

stock

$551,011;

•

:

stock

1945

$391,479

$562,344
347,212

$5,061;-. unmatured interest receivable,
ceivable, $4^314; tqt%l, $19,44.3>79$..

- -

C

1944

d $554,029

66,0.30

•

•

Operating. revenues»
■--!!—$37,735,653
"Total operating expenses and taxes——
29,241,865

$464,022; miscellaneous deferred charges, $49; due from subr
sidiary companies, $295,922; cash in banks, $827,673; special deposits,

being,

series

1945—

$575,615
v

•

expense,

-

$559,994

Aug. 31,*46

income

of

"

ASSETS-r-Investments,; $17,817,348;
■

are

$8,404,123

$8,542,630.

(COMPANY ALONE)

INCOME - STATEMENT

jvi'ontbAEnded Sept. 30«—r

lb?

Corr^Earnings—•

income

!

'J/J; v-"

v

.

stock

surplu$-^

and excess profits! taxes of $5,965,860- ia

Federal hicomef;

•Includes

*

CONDENSED INCOME STATEMENT

Operating, revenue—.—
Other

$9,825,089
1,420,96%,.

1946; and $5,879,400 in 1945;,

$1,238,413-

$1,500,688

26,830

V. 164,

,

Nov; 13, 1946.

on

' $106,862

69)942

•

:

interest---—

Balance

%nd. retired at $105. per share,- plus dividends, on Jan. ly 1947;

PURPOSE—The

preferred stocks of company—.

on

Balance for common dividends .and

>■

exp.
-.- V

>

7 Vo

stock

C

-

interest!——

•

Net

nob deposited for' exchange will be
called in and retired at $103 per share, plus dividends, on Jan. I, 1947-,
and any shares of series D stock not deposited for exchange "will be'
.

Dividends

6)396

$10,225,85
1,683,235

income

' "v,??'! ■• - fi

$632,286

——

and taxe&_--

discount
X

Debt

Jan. 1, 1947> the retirement date

oa

exchange offer expired at 3:00 p.m., EST;
Any

,

$1,317;450
79,037'

41,072"

.$,179

r. _

1946

End. Sept. 30—

Debenture

-

.

stock, payable

5,644

; $128,894

earnings

Net

|?rice

suotv series D

-

3,569

deductions

Net

$1,311,054'

$1,538;191

$109,726

I— $14,34:6,76^ $16,521,195 M
4,120,913
5,331,005
---,
1,363,109,
Appropriation" to reserve "for postwar adjusts,-.,
income

Gross

Total
>

*

per sharOfof series C^.stock); an^
v
|
-•.•V (b) for each share of series I) stock, one sharet of the IVa%
preferred stock-, plus $1- in eash- (being the excess of $105, the call
and retirement price per share of the series D stock over $104, the
initial'public offering price per share-of the 414 7c\ proferred; stock
not, taken in exchange), together with the dividend of $1.25 per share
©n>

523,279®
€75,937

"775,700
510,000-

'

excess

the

•

"; v yS"-. ■

•

income-i

Oper. exps.'

„

payable

preferred stock not taken in exchange,
«nenfc

operating revenues.
Non-operating revenues ..(net)

821,800

40,833

"

stock, one share of.thp. AJA<%> pre-,
in cash (being the dividend of $1,50 per

cents

50

series

income

Total

1,940 shares of its series

stock,

-

/

,

to the holders of its 6,887 shares of series C 6%"•
D 5% •pfeferred stnek; th^ right
.exchanging such shajrea for shares of" its series B 4V^v/! pr?fefred
atock 0% t$* following basis;:
:

on

;

$14,092,041. $^.6,470,36G:
254,727
50,828

Net

779,549

$134,539

—— .

deductions—.—

& ^hare

Company, offered

for each share

^

4

■

'

(a)

1946
' T
1945
; " '
'X v
Operating- rayenues—x-4-..
$53,084,340 $52,094,362,
•Tyfal operating, expenses and taxes—38,992,298. * 35,623,99%,

468,307'
'

80,000

$134,373
164

—V. 164, p. 2059.

of

ferred

$628,986.

$733,960-'

-

„

City

Payson & Co Portland, Me., and The Moody Investment
Co., Springfield, Mo., is offering the unexchanged por¬
tion of- 8,827 shares of series E 41A% cumulative pre¬

jshare

$960)233

*

"

*

preferred and;

10,921

^Jnion Electric Co. of Mo. (& Subs.)- -Eat nings—

.

36,401

40,833

Other income
Gross

Springfield

31,899

1,435,79®.

^

C: 12 Months Ended Sept. 30—

"

stock, shj*rq for share, prior

common

—*

'542
Fed. taxes on income—'
57,000'

■

X/1

v> 1-•-

•

,

revenues——

Maintenance

recently called for redemption on Oct. 15, 1946, all
outstanding shares of 6%' cumulative preferred stock, par $10>
per

/;

—"—

1946—Month-—T945
1946—12 Mos.—1945
$580,038
' $617,543
$7,596,796 ' $7;688,636
266,852
298,567
3,892,666
266.852
,
298,567X1 3,498)948

Period End. Sept.30—r

V

1

.......

company

$11

876.422

-V. 164, p. 2060.

outstanding.—V. 164, p, 2059!

Tampa Electric Co.—Earnings—

723,771"

:,y„.

\

of Its

$930,032
X! $1.08

232,928 // 457.,523-

10,431
3,660
1,684,159

.

-V, 164, p. 2451

$2,255,308

$2,881,555

Spotless Co., Inc., Richmond Ya,-Calls Pfd. Stockichmon&

at

62,329

$1,480,326

-

•

-

10,265
4,013

debt—V"!

Net -Income to profit and loss.—

$992,361

87,293

.

Net earnings

$2,238,705
;

—t, 163, 13. 2900,

•the

$1,567,619

debt—i—j—

funded

$2,565,134

$2,665,140

$2,078)274
i 227,341

:

(net)—

and other deducts^.

Net

42,188

——.

Earnings applicable to minority Interests

•On
Gross

——

on

Miscellaneous debits—L™
Federal taxes on income

896,Ooo:

—-

funded

on

Amort., of disct,

.

140,890

-r—™.

tax—

Interest

798,000

Provision f©*- Canadian

1,035,375

460,000

——

income-.^

oper.

■Other

" 1946—12 Mos.—1945"

$2,961,078 $10,635,161 $11,012,068
1,363,333
5,196,776
5,470,552
"
"
" """

excess

taxes•
•
< .

-

Net

and-

f

..•/

Period End. Sept. 30—

Operating

income———-!———'

Gross

Southwestern Gas & Electric Go.—Earnings

income-.-

.

614,396/

from

Net

from

Net

ry.

—V.
i

railway—

railway..——;

oper.

income-;.'

164, p. 2327;
:

-

f

1944

$5,446,574.
2,510,304

1943

.

$4,798,451
2,499,490

779,11,$

1,244,75$

50,739,319

43,231,987,

41,081,113

19,993,343

16,699,745

20,030,684

754,985-

■

"':v; "'*•"

From Jan. 1—

Grogs

19.45

$5,872,044
2,665,207

...

35,644,975
8,647,529
3,872,885
:;
;;

(Continued

on

5,602,826

5,966,346 y 10,058,47%

''
page

2874)

THE COMMERCIAL

&
FINANCIAL CHRONICLE

2837
*'r

«

(IM

i

h »**i> '•

Mi/

<

Record
I

New York Stock

«»

DAILY RANGE OF PRICES

YEARLY RANGE OF SALE PRICES
LOW AND HIGH SALE PRICES

Saturday/

Monday

Nov. 23
$ per share

73%
*100

74%

109%

8%

*45

28%

*9%

10

9%

34

33%
*101

28%

108

5%

./

5Va

>

25

3%

47%

28%
V-

25%

102%

21%
160

*92%

55

*97%

102

*18

:

56

56

18%

•19%

30%

30%

30%

19%
31

32%

33%

33%

34

99%

99%

981/3
20%

•19

20

X29%

293/4

33»/s

'

33"%

31%

99%

32%

91%

92%

99%

31%

30%

31

7

92%

♦30

7%

*47

7

52

.*65%

*99%

32%

91%

*

31%

,

I

66%

66

30%

30%
6%

,

7
52

*47%

50

323/8
30

M

9%

...

'

^

13%

"/;■■■ 6%;
86%.

132

6Va
6V4
87%
88%
188;
188

190 V.

//

43%

*103

•107%

.137

19%

22%

*99
V

136

1/

18%

*18/18%

6%
106%

5%

22%

21%

96

X40%

41

7

42

7%

•47

33%

32%

33%

■

9%

9%

*108

*10%

*11%

*107

10%

12

23%

43%
9%

•11%

10%

•112%

Ill

,

10%

American

i

11

1,400

non-cum

Amer Internat
Corp
American Invest Co of
American Locomotive

100

13,400

?112%";1U%

x4l

128

Oct

xl37

Sep
17% Feb

11

Oct

30

106% Jan

15

Nov

25

210% Mar 29

Nov 22

72% May 28

M

4

5% Oct

10

100

Sep
Oct

10

90

Sep 11

37% Sep
5% Oct

118

4

96

Jan

20%

15

91

May 111

40

63
Jan 28
35% Nov
4

47

Mar

15

May 22

,119

Sep 11

Dec

14%

Deo

Jan

103

9

; Jan

18

28

44% Jan

22% Nov 22

58

70

5

15% Jun

Jan

~6% Jan

18% Mar 30
118
May 10

Nov

109% Dec
56% Dec
10% Dec

Jan

38%

7%

Nov

XI17% Nov

Mar

5

16% Jun

y%

Jan

9

•

Deo

19% Nov
•

28

-

Deo

9%

Jan

12% Jan

93/4 Sep
9
11% Mar 12

7 ill

% "

Jan

2%

55% Jan

21

preferred

10%

29

10 M

99% Jan

...No par

37% Dec

8

14% Jan
44% Apr

M

Oct

29 y4 Nov

Jan

10

100

M

3%

129% May 15

44% Oct 2
32% Nov 26

Dec

149

30% Jan

6

28s/a Aug
•

10

18

/

42

156% Deo

10

July 10

23% Jun

/

10

Nov

18% Jan

11% Feb 15

5% Sep

24

No par
1

Jun

Dec

67% Dec
127

112% Mar
13% Jan

28

75

13% Oct

1

.

34% Apr 22
108

Deo

199

Jan

32yaJan

20

Jan

17

112% Oct

Jan

110

41% Nov 22

8V4 Sep

111

27

1
14

20

10

Nov

10

150
Feb
164% Jun

7

135

Jan

,;<40% Jan

Sep 12

55% Oct

r

Jan

98

20

19

99

39

J 132% Mar

9

Jun

23% Deo

183% Jan

1

80

/

10% Aug
89% Feb

17% Nov 21

7-...50

41% Dec

Mar

30

..No par

preferred

20% Jan

18

;1

new

10

:

1-

SS

conv preferred...
Home Products
American, Ice

Deo

45% Jun

64% Apr

ru.

...No par
No par

American

43

Jan

29

15% Aug

20'% Sep

'

No par y '
__40

Leather

28

11

Nov

69% Jan

No par

m6%;

6%

12%

&

■;

21 Va Nov 21

—-..No par
Co
10

Hawaiian
Hide

25%

25%

preferred

American

M 4,400
# 1.600

9

-

■

$6

.

800

33%

9

114%

900.

Deo

10

120
Sep
17% Oct

20

Export Lines Inc

Bep
Deo

14

104 %

100

Co stamped

35

11%

53% Jun

2

96% Oct

100

Deo
Deo

66% Deo

Jan

Jan

42

No par

2,000

8

33

♦106

25%

J,

Foreign Power
$7 preferred
$7 2d preferred A

51

"

*12

24%

preferred

48%
104%

71

68

May 16
5% Oct 30

V

Deo

3% Jan

88% Jun

188

DM

43% May

30

79

Dee

24%
36%

19% Apr 24

129

100

194

25

36% Oct

No par

25% Deo

Jan

12% Nov 27

7

Deo
DM

Apr 25
91% May 29

21

Oct

Jan

102% Dec

i23

Deo

42%

Jan

38%

Deo

108

153% Mar

39% May 27
12 y4 Apr

25% Oct 30

No par

Amer &

3,900
.

42%

9%

12

24%

*112% 114%

•112%

•41%
7%

33

x9

Fdy

13%

75

Nov

f-A 72%

1

Jan

10

57y2 Nov 22

_ioo

Encaustic Tillngr
European Sees..

American

4 800

9

Aug

10

Oct

37% Nov 22
,

July 30

63% May 27
108
July 29
623/i May 31
95% Nov
4

64% Sep 20

1

preferred

Amer Distilling

10,200
19,300"

97%

*49

.51

*105% 111
10% .10%

111

11

•11%

23

9%

111

Amer

22%

22

6 Va Oct

44

__25

American

600

;

.♦

10

400

19%

19

91% Nov 25 ;;
25
Sep
9

v

__10

1,400

21%

7%

*48%
32%

27% Aug
20% Jan

Co

6
16%

*95

42

7%

52 y«

15%

30

Oct

29 y2 Sep
3iyaNov

100

Colortype

44%

18%

22%

96

18
28

39

Crystal Sugar
prior preferred

4%%

Jun

74

29% Jan

American

/ ;

5%
6%
106% 107

,

96%

7

>51%

9%

G

107%

107

'

34

AA

;

.

60%

Jan

212% Jun

Corp
;

conv

American

Jan

66

30

154

A-18% Oct 10

No par

American Chicle

102

16

21%

41%

7

*107. I'
10%
-

18%

5%
106%

16

95%

♦46%

5%

7*

1,500
1,500

84%

Jan

1

Co

Radio

non-cum

28
28

17

Jan

50

_—;

Am Chain & Cable Inc

5%

6%

*14%

,96

41%

6%

*5%

21%

21%

7%

Dee

69% Jan
.

3

22%

Corp

&

"fl%

91

^'.—10 "•

..

.—...

Car

44%

0

18%
6%
106%

•94

•46

i*99

•

American

Jan

-61% May 28

100

*

Ar -24 V• 24

•

15%

5%

21

23
102

&

Jan

2%

8y4Jan

113

No par

preferred
Cable

15%

<82 A Jan

9 v

,

Jan

9% Nov

28

A

10

726

50

Preferred

■

270

.

Deo

21% Deo

6y4 Jan

10

1

Shoe

American, Can

60

135

Dee

122

135

10

Airlines

Brake

Amer

3,000

109.

66

Jan

41% DM
34% Nov

22% Apr

17 % Oct

Agricultural Chemical-No par

5%

-

'A!-;v

'aAA'19%.. 20

43%

106%

95

22%

22%

135

19%

100

3,100

107%

Jan

98 y4

•

913/4 Oct

'

810

-

'

■

22y4
♦108

a,

109

*99

-44

♦105%

2iye

Xl9

189%
■■■

Co Inc

preferred
Petrol Corp

6%
preferred
American Bosch
Am

13,000
4,400

91

43

107;

21%

22%

18

5%
•105"

44%

*107%

♦14%

18

*104

% 102

6%

188

X136

,

6%

V

90

43%

19%

•5%

*14%

6%

-

38%

V

18

No par
1

Amer

1,600*
5,400

132

91%

107%

43%

*5%

*128

189%

137
-

22%

•99

6

21%

107%
134

19

130

89%

110

21%

130

189%

44

*104

21%

42

;;

8

38

10O

conv

Amerada

30

12%

59% Apr

Oct

523/4 Oct

No par

Portland Cem

695,

3%% cum conv pfd
American Bank Note.

403%

Doc

99 % Nov 25

American

78

12%
*128

41

78
40

39,
♦128

17

3% Oct

No par

12,000
3,300

,

1

293/4 Oct 10

5

45,900

29%

3

30% Nov 22

.

11% Deo

A Mar 30
5
Sep 19
12% Feb
6
25
Nov 21 A 51%
May 27
92% Nov 21
103
Aug
7

A

No par

Corp

Dee
Dee

28

Alpha

900

93/4
68

293/8

*78

43

40

Dye

Dm

17%
38

20% Feb

7

1

Inc

Amalgam Leather

8

100

gtd

114

68% Jun

No par

.

1,300

24% Feb

41% Jan

10O

100

Jan

9% Jan
25% Apr
13% Mar
32% Jan

4

No par

800

60-

1

27

Allis-Chalmers Mfg
3%% cum conv pfd

-

1,400

3%

Co

peb

May 28

19

104 >

preferred-No par

&

x50

.

1

* ^Preferred

7

3,700

68

66

27%

400

22,400

7%

40

:

61%

Stores

•

.

52

68

37%

i

Mills

Allied

303/4

7%

*47%

67

66%

.67

92%

v

;

1^-n

"AiiLorf
Allied

11,700

99 %
33%

7

.50

Chemical

10

Mav 13

19

•

A 33 A Nov 21 A
.

100

Industries Inc

500

323/4

conv

800

A

333/4

99%

323/4

91%/92%/

prior

Alghny Lud Stl Corp
Alleg & West Ry 6%

2,500

20

100

32

h

$2.o°

26

100

war

Highest
Sper share

24% Sep
9% Nov

.

No par

4%% preferred—

a

Year 1945

S per share

44% Jan

,

1

169

22

13 Va Oct

..No par
10

Inc.

Range for Previous
Lowest

,84W» Mav 13

29

Nov

1

Corp

Reduction

Allen

303%

32%

8

12

30 Vs Feb

—10

AHegheny Corp
5%% pfd A with $30

9,600

164.

*18 3%

105% Oct

_..2.50

& Vicksburg
Ry
100
Alaska Juneau Gold
Min_~»iu#,i,ulO
Inc common
—5

10

♦30
V

Co„

Co

Address-Mutigr Corp.
Admiral
Air

20%

163

Steel

61% Apr

No par

Express
Adams-Mills Corp

19,600
7,400
AAA 800

*98% 102

*19%

162 y2

'

3,500

3,000
2,200

42%

18% V

Motors

No par

com

Straus

Adams

70

57

413/4

»*

Ean,e Sine. January 1
Lowest
Highest
Sper share
$ per share

Alabama

A

4%

•

&

.Acme

3,800
1,300
12,400

;

A

38 3/a

42%

162

'

4

4

36%

98%
•

20%

160% 162

V

-

';

A

A

93/4

/ 57/b
^Av26%A.26%
A A/ 93 •'•A'94 7

37%

56
413/a

A

v A 5 3/4

4%

36%

42%

Ml

94%

4

36%

x41 %

*20

18%

/■

55

44

*97%

26

4

3%
35

5%
26%

1,400

47%

9%

Laboratories

ACF-Brill

2,700
A

A

34% : 35% /
A- *101 A 105 A-

105

53/4

93/e

A28%»28%
a

Abbott

Abraham

43

•45

343/4

•101

5%
26 v \

AA. 2,600

15

'

9%

,

33%

*92% >94%

55%

160

3%
42%

A'14%

"

y

Par

A

115

CLOSED

V

r''

•'

I.

EXCHANGE

Shares

77

•100

28»/2

9%

•

105

5%

•>.

27

9%
33%

*101

y

4

43

77

••.*45/,.:'. 47%i V

29

*9

33%

35%

*55

9%

*45

-

STOCK

i'"i'

!>

'

;-y-.AA'-tWW»Q«K_gTOCK

the Week

S per share

43

15%

94%

34%

9%

143/4

Sales for

Nov. 29

EXCHANGE

42

25%

*92%

115

41

/

6

9

"A

77%

14%

9%
105

*100

9

28%

34

5%

115

41

47%

33%

76

Friday

$ per share

£/': 14%

40%

14%; 14%

28%

♦loi

v.

t per share

: ;

75

*100

87/e

40

48

Nov. 28

74%

115

8%

40%
1 14%

Thursday

Nov. 27

S per share

74%

*100

8%

40

,>14%
*45

Wednesday

Nov. 26

tper share

74%

STOCKS

Tuesday

Nov. 25

;

Exchange

WEEKLY VOLUME OF TRADING
FOR EVERY LISTED ISSUE

Nov
Dec

Jan

14%

Oct

26

Jan

41%

Deo

108

Jan

131

Nov

LOW AND HIGH SALE PRICES

Saturday

Monday

Nov. 23

Sper share A
26
;

26%

*97

13%

26%

•145

37%
111%

102%

103:

102

i-

13%

1743/4

31%
104%

33

32%
104%

104%

Zv 14%

15

*20

37

49%

103%

13%

14%

49%

26%
V

1%

V; 120

15%

*104

15%

46%
155%

47%

8%

8%

♦62

70

37%

38%

49

*51

*15

*4%

37%

152
A

*117

"

15

.

A

47%
160
94%

8%

8 3/8

*65 Vs.

54% A
118 AA

■

5

37%

95%
■A;:- 8% A
A:

♦65 „/

footnotes

AA

8%.V
75

,97%

■

•

87/a

:/

39%

40%
52 3/a

16

*43/4
37

15%
*15

5

"

51

*43/4

37%

37

*51

15%

see

page




284f,

44%

prior

Anaconda

2,600
90

Anchor

$4

5%
37%

;>„100

.

Wire

Hock

&

Glass

Anderson-Prlchard1 Oil

5

37

.

7 400
A

200

1,600

;r

Andes
A

P

Clayton

Copper

W

Paper

35
41
38
108%

12.50

&

Co..u...%l%

Mining
Co

Corp.
10
,...-20

Inc.

Archer-Daniels-Midland

,

-.-.No par

Oct
Nov

I 44% Nov

:

68 y4
181

Apr

Deo
Dec

50% Nov

Feb

164

Aug

27%

Jan

17%

Jan

29

Dec

22% Jan

31

Dec

Aug

60

Dec

128%

Jan

101

Dec

29%

Jan

63% Nov

157

4

Jan

195% Nov

69

Jan

41

Apr 10

200% Jun

3

43%

Dec

2Jff Nov 29
99% May 21

>

100 y4 May 17

43% Mar

121

Jun 24

Dee

91%

145% Jan

May 28

10

65% Jan

S

78

7

Oct

'

Sep'11

^

July

28'A Jun

5

110% Feb

9

*

116%

161% Dec
69% Deo

Sep

121% Mar

8% Jan
99 Vb
9

26%

Jan

5
5

100% Mar

6
29
8

60% Jan

;

7 105% NOV
•>"

15% Jan

90

May

Dec

111
Nov
31% Deo
140
Dee

Jan

70% Jun

? 182% Jun

Nov 22

l 11%

5% Mar
,

Dec

88

Jun

6

29%

Jan

49

NOV■

60% Jan

14
28
Xll4% Mar 21
x64% July 11

38%

Jan

57%

Deo;

62 y4 May

24%

Jan

48

Deo

July
38% July

113

Dee

51% Feb

Oct 30

Sep 10
Sep
9
Oct
9
43% Jan 7
15 ye Oct 10
133/4 Sep
4

No par

Anderson,

;

66

50

Corp

preferred

25

No par

Cable

2,300

37

.....1

Copper Mining

:! 500

*4%'
y

No par

preferred

conv

•9

31~%

Aug

153

Apr 25

18

7

13% Oct;30
102% Sep 30
29% Janj 3
125
Sep 24
92 % Noy. 22
7
'Sep- 19

No par
..No par

Mar

30% Deo

Jan

41%

6

67 y4 Apr

174

116%

Elec__—Jfopar

15%
16%

r

158

48% Oct 10

14

Jan

32

May 10
38% July 11
58y4 Feb
6

"18

Sep

184

'Jan

17%

43

10

Oct 10

76y4 0ct
150

...100
&

50%

16

5%
37

Corp.^

preferred
Water Wks

Anaconda

7
7

4

Sep 24
47% Jan
8

73

15%
75

Deo

19% Dec

Jan

40% Jan

50 ya Feb

27% Nov 22

95%

164% Jan

172

8

159% Nov 21

25

153/4

.Ye
*■'

Viscose

176

Apr 20

50% Feb

138
r

100

Conv prior preference
Amer Zinc Lead & Smelt

1,000

Jan

38% Oct

.100

Preferred

18,700

45

•

100
No par

1st preferred
American-, Woolen_._._

3,900

111

160

25

H/-! $6

5,200

,7,000
A

100

Sep'

50%

155/8

5

40%
53

*109

51%

Am

$5

40

16

3"

8% ;:

21

1% Oct 31

J'l'' 5%

300

69

52%

44%
45%
1103/4 1103/4

111

a

V

Nov

13% Nov
104% Deo

11% Jan

10

fApr- -5,7

191

Nov 23

Tobacco

American

'

99

7

35

Jan

80% Jan
54% Jan

73% Jan 29

10

Oct

24 7

Common class B

24,100

■A

45% Sep

26

7fi6% preferred

14,500

A f

33

No par

Tobacco

2%
I

29
33% Feb
6

19

Deo

39% Nov
141% May

Aug

j!
4
Sep 24"-y 52
;;

Sep

165

•

530

3,600

A /

19

No par

Telep. & Teleg Co

Rights
American

2,900

-•

aa

49 3/a

163

X65

51%

.

'w;A

106

1593/4

•

39%

*15

526,000
1,900

20

Nov

19%

6

108 Va. July 12

95% Feb 26

14% Nov 22

..........No pat

Refining

Feb

23

12% Nov 22

100

Sumatra

Amer

MM

;a- "A

i6

409

;•

98y4

52

15%

MM

153 '-A.

Xl0.47/a

45

15%

82

1223/4

;

For

82

15%

52

51

AA

XI16%

45

111

2i7ff'):;

77

153/4 j/v

51%
45 51

'■>

152%
A

106

38%

111%

31,300

22% Jun

133% Aug 13
123% Aug
8

:
:

7 186 .'Feb 14
xl73ya Nov 15
!
10/* 27% Jan
3 \4 42% Aug 21

Co

Preferred
Am

•

2

763/4

A

?.

393/s

*50%

/

:

•

55%

96

8%

*(V

49%
1633/4

Foundries

Sugar

poo

3

41

Mar

24% Jan
130% Jan

UOO

No par

preferred

American

545/a

473/4
161%

Steel

A 1,100

54% >vA
117 '••'M

15%

non-cum

Stove

400

2

25

American

52

9

883/4 Jan

3

Mar

11%

July 15
17% July 1
.60
Apr 10;

19

100

American/ Stores

v

No par

No par
No par

Snuff

43% Jun

Highest
$ per share

11

3

163

23

97% Jan
w

1177 Oct
34% Sep
10% Sep

5

Building Co
Smelting & Refg

600

153% A-A

♦104

Amer

./•

100

Ship

900

152%

48%
161

70

,A

82

Mill

preferred

253/4

A-54%
A 117 1

153/4
106

2

-8iy4

Rolling

26

164%, 167

78

77
•

l.;

40

X50

:

165

6%

5,300

*139%A139%?

50%,

San'y

—

conv

American

10

30%

Stand

l

Year 1945

$ per share

$ per share

25 y4 Jun

23% Oct 10
140
Jan 24

No par
No par
No par
No par

...

Preferred

1,70a

163

.....

com

...

25%
■

142

,tiVs

"

152%
v"

*104

70

44%

15%
16

1%«
82%

Amer

A

&

Co.

7

Lowest

45% Mar 21
106% Jun 24

Nov 22

123A Nov 20

.100

Co

39%

25%

78% A

Amer

190

35%

,26

4%%

170

170

Xa.29%

39%

81%

Av.V 53

94

•111

51

15%

25%

163%

Ltd

Light

98

No par
No par

American Safety Razors
American Seating Co

10,400

52% I 53%

Xl69

X160

39%
X50%

7/7.

400
A

&

preferred
Rad

American

2,000

35%

25%

*139

Co

■

21% Oct 30

100

Metals

News

Power

^ Preferred

540

15%

V

301/*
26%

26%

Am

'

50

44%

111%

26%

&

preferred

$5

.

18,300

21%
X37%A 38%

/A-/•

39% A

77%

.

527/8

:7$6

110

-

*2o y2
A

Amer

2,300
30,700

106

15%

American

2,900

14%

104%

36
160

29%

A

A,

900

19,400

106

13 3A

-

37%"';

38%

50%

44%
•111

48

29%

;'A, 54%

,

159%

933/4
8%
*65.

160

t

106

157

95

163

?

15% A

52 y4

A"

Ay '33 % A' 34%
!

21%

169 m 170

35%

39

'

104%

36% A

140%

npfiHS

15%'

;

47%

157%

92%

15

52%
169 >A

:A

78

118

*104

373/4

preferred

Metals

6% preferred
American Molasses

1,800

Xl73y4 175

104%

15

Mach

Amer

t per share

Fdy C0.J...JV0 par

cum

Amer

10

12%

105

•

;

34%

161% 163 3/a

523/4

*117

f •;A
•'

106

.140

152

52%
r

39 y4

*52

82%

152

26%

*25%

162

U

82%

151%

-

55%

78

51%

•117

A

A.' 1% ;a 1%

111
82% 6.

51

X28%

A-

142

161%

79

82%
*150%

/

26%

*53

-ij/

36%
*160

25%,393/4 *

39

♦138%

161% 162

51%
169 y4

29%

A 25%

140% 1403/4

78%

162

28%

■

*37%

,

35%

•157

£

A

170 JA.

35%

'

.

51%

170

39%
55

37

'

175

21%.
A;37%

142

39

14%

•

33 Vb

14%

37

26

*52

105
20%

27%
;:

26

104 %

14

*173%

;
4

143/4

j

29%

39%

105%

34

X20%

162

*26%

1743/4

33

14%

35

27%

174

33

20%

170

35
*157

v

'

4,800
2,700

A

12%
13
'
115% 115%

115%
105%

.104;

3.90%

15%
26%

12%

,

39%
13

12%
114

Amer Mach ft

Range for Previous

,

Range Since January 1
Lowest
Highest

.

........

13

39

13

100

14 y2

X139

•'

Par

6,900

26 V*

142

12%

114%

*193/4

50%

170

i

*139

12%

29

*98

CLOSED

EXCHANGE

Shares

27

EXCHANGE

14%

,

NEW YORK STOCK

,

the Week

t per share

265/a

A 102%

v

100

13%

Sales for

Nov. 29

STOCK

-

26%

A *145/8

20%

36/4

Tf

*98

113

133/4
1743/4

13%
*173%

27

13%

38%

12%
A

26%

"

13

,*173%

;•

38

13

;

STOCKS

Friday

tper share

26%
142

12%

36%

101%

Nov. 28

$ per share

>

100
-

143

123/4
111%

111

V

,

13

13%

111

'

145

13

;

37%

12%

13
26

,

'

26%

*97

13%
26

*142

13

*37

>

13%

148

*12%

x26

100

*25%

;•

Thursday

Nov. 27

t per share

26%

*97

25%

:

!;

26%

,

Wednesday

Nov. 26

Sper share

A

100

>12%

'////Tuesday/

Nov. 25

273/8May 27
24% Feb
8

109

4y2 Nov 21

10 3/4 Feb

5

12% Aug
4% Jan

26% Mar 22

40 Va Jun

3

23%

.

Bep

49% Nov
12% Nov
9% Nov
36%

Oct

1

THE

NEW YORK

STOCK RECORD
••».»*•«

X;J Monday

Saturday

>

12

$ per

12%

12%
122

122

12%

■•"'17%
128%
133%

128%

13%

1374

48
<

'107%'
15

49

.

•

100

104
20

13%

13%

2,200

18%

18 Va

7,800

♦126%

128%

130

129%

129%

•

*107%
14%

140

*34

200

107

54
114

♦22%

54
*114
*22

54%
116

54

*114

116

:

10

2,600
70

116

*114

26%

100

10%

26%.

11

11 Va

47%

1,900

20
221%

17

19%

19%

19%

22

21%

6'%

6%

6%

43%

41%

.

Cqnv

1,100

prior.pfd ($1.20)

'

4,300
22,500

6%

2,500

44 v

Sep

19

83 %

Dec

32

»Sep

20

45

Nov

74

Oct

14

83% Nov

31.

42%

Nov 28

105

NOV 27

103% Oct
22% Oct

120.

Dec
Nov

29
10

*53% NOV 22
114

'22

Nov

-

-Sep 18

25

loy4 Nov

16% Sep

No par

21
19

Nov .22

18
"

14

Bangor
Z Barber:

21%

18%

18»/a

*104'

37%

19%

19%

*102%; 105

104%

29%

25'A
100

*98%

■

22%

22%

87%

86%

*

154'%

*146.

195/a

♦102V2

•102%

105

.

19%

105
30%

~

30%
25 y8 : 25%

30%

100 Va

99%

99%
32

30 y4

*99 Va

25%

•30'/8

30'A

30%

23,23 y4
87%
89 «/2

22%

31 y4
23%

31%
22%

22%

22%; 23%
86 >/2
87 Vz
146
154%

88 y4

89%

88%

89%

.

•

*146

150

*146=

150

*146

54%

16%

*104

*105%

29

46%

38

101
5%
32% .33

34%
17%
22%

93 Va

14%

14%

14%

30%

31%
28%:

;

*47

48%

*47

♦105

105%

105

:

28%

:

26%

28

,33%

*33%

104

*102

24%

15%

10%

18%

31%

27%
47%

49 V4

Borden Co

Borg-Warner
:-3% % cum

95

14%

14%

31%

31%

26%
*47

27%

Briggs, 81

47

Bristol-Myers

*

•105

103 V4

•103%

$3.60

Buffalo Forge

6%

Bush

6%"
79

6%

S7/a

1.6%
99

21%

21%

3'

22

38% Apr 23
25% May 31
130

Feb

2

22% Jun 14
99

Jun

25

45% Feb
108 % Mar

2

28

46% Jun 11

59% May 29
26% July 22
Mar 22

—I

111

119% May 27
102% Aug 16

21% Jun

13

15% Jan

29
4

100
98

preferred__100

Apr

May 31

39 '/♦ May

110

28

May 15

9% Jan; 6 /
35»/b Feb 16
112% July 11

100

Participating preferred—.

1*

Apr

38% Apr

—5

40

No par

Byron Jackson Co.

May

45% May 28
110%. Mar 18

...——...1100
7%

3

70
115

i—.10
4%% preferred ...—.i_——100,"
Butte Copper & Zinc————5
Byers Co (A M)
—..—No par

5%

16
99

preferred

16

42% Jun
,

Butler Bros common

22
105%

8

20% Feb

53% Jan 28

'7Z.7A/'————i'v

Bush Term Bldg

85

105%

Terminal

9

93 % NOV

preferred ———.——100
3% % conv 2nd preferred—,100
3%% .preferred ——
100
Burroughs Adding Mach—_N0 par ■

13%

4

34% Jan

——...No par

Watch Co Inc

23

33% Nov

X 4%

90
97%

21%
•

Bulova

102%

X85

11% Jan

Co—..—.————1/
$3.60 pfd—-.100

Bullard Co

17

6'/a
*75

61% Jun z o

5
.100
No par

Burlington Mills Corp com..

57% Apr 22
107% Aug 12

Buff Niag El Corp

35%

9

9
48% May 13

?

(The) Co common
$5 preferred
.
—No par

:

20%

/, 13%

13%

;

Mar 26

Apr 30

69 V* July

2.50
100

Budd

741/3
39

90

35

73% Jan
112

^runs-Balke-CoIlender..No par/

100

19%

66% May 10

Co Inc

Bucyrus-Erie Co.—
1% preferred

16

33% Jun 10
58: Jun 10
18% Aug 21

•Gas—__—__No par
com..——15
preferred
—No par

Shoe

Brown

11%

*96

;

May 31

30% Feb

Brooklyn '.Union

15% >15%
*123 ? 126 •

*34%.

46

Ndpar

Stratton..—
Co" common

preferred

3%%

106%

103 y4

,

i:

2i50
Brewing Corp of America,
—15
Bridgeport Brass Co
-No par
Briggs Manufacturing
.—No par,

33%
105%

102%

■

Braniff Airways Inc

27%

16%

Mar 22

83% Apr 10

...5

13%

5'/a

33%

-

31% July 11
168

—

Corp

32%

26%

73%

52 Va May 10

preferred ...——1100
Boston & Maine RR (assented). 100
Bower Roller Bearing Co new—5

33%

*98.

8

Jan 17

114% July 31

common...—.1—It
(Tlie)
,.15

39

J. *92

106 %

*27

Jan

58

5
...5
No par
.No par

101%

27 %

/

Ami Co class A-,

27%

11%

& Brass

Class B

24%

*24

28

Apr 17

36% May 14
112% Aug
6

Bond Stores Inc

30%

27%

99 //
!

63

*32%

89

13%
6%

Bon

108

321/4

*105

26 %.

33%
16% : 17
♦101
104%
89

Bohn Aluminum

13

47%

.

28%
48%
105%

33Va

*96

46%

....

♦31%

5%:

14%

28 '

100
19

Boeing Airplane■; Co—

49

13%

" 72

*98

-

35% Jan
112

Bliss

•101
5%

32 Va

14%

11

71%

•

.12%

,126

*26%
,

*4%
32

■

15%

*123

19%

38

33%

100%

5'/a

Jan IS
Jun 25

28% May 13
37

Si Laughlih Inc.._—.—2.50
Bloomingdale Brothers .—.—No par

29%

49%

37%

> 33% / 33%
*101
104
•

24

>

-

32

-

26 Va-

27

.

142

No par

preferred

conv

15%
37

•59

100%

.13%
93%
14 Va

.12%

30%

"•

$2.25

44%

105

29%

"48%

38

8

Mar

43

Blaw-Knox Co..———No par
Blisfc (E W) Co——
—1

18%

63

29%

1007/s

3232

-

•15

.103

*59

•33Vz
16%

.

47%/

46%

100%
/, *4%

■

29 %

May 23

30%, Apr 25

—100

—

•35

47

63

.

"37'/8

101
*4%

■

*60
28 '/a

28%

S3

*32%

:

63

36%

36%

*46

108'/a

110

Bigelow-Sanford Carp Inc—No par
Black & Decker Mfg Co.—No par

♦44

38
19%

♦104%

preferred

1%

4

•

118% July 18

No par

(Del)

Steel

Bethlehem

18

24% Nov
73

—

46%

*34
18%

46

3^% Feb

1—1
Foods-—-i-.'-.1,

Best

150

22%

14%

19%

38

HO

46

;

38%
*101
101%
5%
f5%

14%

45%

*60

29%
46%

29%
46%

42

*105%

45%:

65

*60

42

19%
45%

18%

45%
106

21%

15%

18%

-v

17%
X 22%
43%

16%'

x41%
*34

18 % 1 18 %

45%

*33% ,34'/a
.

22

21%
:'

37

*32

17%

*14%

21 y4
43 ?!
14%

14%

33%

16%-

31

Corp—

Cp.

&

May 16
May 23

57

*

54%

32%

20 y4

64% Aug 14
41% Jun 12

———.——•.10-

No par
$3.25 ser of 1946.No par

Cpm pfd
Best

28

May 24

88% Jun 17

—.100
—.10

Beneficial Indus Loan..

26

lOO'A

•

*41 y4

...

16

47 y» Jan

1
Bell & Howell Co
__10
AV\% .preferred
—100
Bendix Aviation..—...———5

"

16%

preferred—

Aircraft

Bell

17

•99 Va

100

30%' 30%

29% v-30 %

15%

16%

25%

25

*99%

'

107

15%

30%

29%

30

25y8

12

*34% ; 37%
•103

16%
20

16%
•

♦102

11%
37'/a

*34%

16 y4

l<i 19%

104%

11%

♦103
107
15%
15%

107
*15%
15%

♦103

15%

111*

•104

105

'

•11%

11%

*34%

nos

111

*108

55

*54%

55 :

54% '

•

105

;11%

18%:
22%

.

'

111

111

22%

x22%

54

♦53%

30 Va Jan

30

preferred
.
50
Barnsdall Oil Co.—
——5
Bath Xron Works Corp.—.—1
Bavuk Cigars Inc new—.
No par
Beatrice Poods Co
—...
—.j„25'
>73%% (cum conv pfd.
.
:100
Beck Shoe 4% % preferred—i—100
Beech Aircraft Corp
——1
Beech Creek RR—.—,.——50
Beech-Nut Packing Co.——.—20
Belding-Heminway..—..No par

53%

53%
21%

'

23% A 23%

♦104%

38%* Jan; 3fr:

4%%

18%

♦52%

30

Works!——13

Asphalt Corp.

Barker Brothers

;

26
53%
22

*25%

Oct

41

Ohio..—lqp.
—.10Q
& Aroostook
—50

Conv .5%

14
53

■

preferred

4%

69%

52%

15% Oct 9
ir - 6% Nov 22

Baltiipore At

17%, 18%
14 Z/;,15%
21%
23%
69%

:

45

■

Autocar Co..
5c
Automatic Canteen Co of Amer,—5.
Aviation-Corp of Dei (The).—,—3
$2.25 conv preferred.
No par ■

Baldwin Bocomotive

•

Deo

42%

*16%

•

Dec

24%

-10

——

Nichols.,*—No.par

Austin

500

17%

20%

120

Atlantic Refining
.35.
4% conv pref series A.
100
3.60% 'preferred series B
100
Atlas Corp—:
——5
Atlas, powder A...
No par
4% conv preferred
100
Atlas Tack. .Corp*.
—No'par

2,270

,

29

..

10%

11

10%

?

:

Dec

113% NOV

._100

preferred...

5%

A T F Inc

NOV

52%

Atlantic Coast Line RR
..No par
Atl G St W I SS Lines——.—.1
5% non-cum preferred,
100

5,500
1,220

«

105

22%

22%

22%
54%

22%

29

106

*102

103%

*102

22%
54%
114 m

32%
103
1
103 % 103'%
:
22%
23 %
> 54 Z 54%
32

'31%
106%
103'%

31

107

106%

104

22%

81

*75;

32%

31%

;

♦106%

i

300

81
32%

*102

|

3,600

14%

Nov

139%

Atch Topeka & Santa Pp..—100

6,000

2,600

34%

•

31%

140

No par

Co

'

47%

*75

Investment

Assoc

110
:

EXCHANGE,, ■ ^ • / ,;f.
' '■- '*"•'? Xr ^ar

Artloom Corp
..No par
Associated Dry Goods new..
1
6% 1st preferred.———.,100
7% 2d preferred—
..100

'

91

88%

87%

400

49

*48

89
107% 107%
14 % 14%

88

14%

•'

48

47%
•97

13%,
18
18%
127% 127/2
130%... 131/2,

49

86%

,♦107

109

46%.

133%:::/%

*48

7

88%

86

♦107%

18%

133%

330

_

■■; 7:

.>>.

Armour & Co of Illinois-.-.,—>
5
$6 conv prior preferred,.—No par
7% preferred
—
————-100
Armstrong Cork Co—
No par
$3.75 preferred.—.——.—-Na par
Arnold Constable Corp
1——5

1,400

iV 13 %

12%

*125%

140

20

.20

r

/ /; '/>

100

122

140

48%

?0

■

19,000

12%

*121

102

!02

,

17%

49

*48

.

20/

12%

12%
17%. 17%
126% 128%
*131% 133%

128%
133%

103Va

STOCK

CLOSED

138

STOCKS -■*
YORK STOCK

>XM;•i-• -• ■

Shares

share

12%

EXCHANGE

J26

47%

47

46

*97
*10-

12%

17%

*121
138

'

19

19

21*/';
12%

,

$ per

•

the Week ? '■

Nov. 29

Nov, 38
$ per share

■

Sales for

Friday

!

$ per share
12% 12%

137%

X

Thursday

Wednesday
Nov. 27

•

*101

/

$'•

12%

12%
136

46%
103%

46%

46

104

share

$ per

*120Va 122

140 1

*137

140

45

*101
*19

/■

26 ''///'

Nov.
7

share

12%

126,/

*137

Tuesday ;

.

Nov. 25

Nov. 23

$ per share

*122

.

PRICES

HIGH SALE

LOW AND
;

Mpncteyy December ^ J 946

CHRONiCLE

COMMERCIAL & FINANCIAL

May 28

Range for Previous
LOW AND HIGH SALE
-

Saturday
Nov. 23

$ per share

Nov. 25

share-

For

2?

9 per share

9 per share

i

STOCK
EXCHANGE

:v

California Packing
5%

*

/I"

—

1.50

Zinc-Lead
—1
Calumet & Hecla Cons Copper
5
Campbell W & C Fdy
No par
Canada Dry Ginger Ale Inc__1.66%
/
$4.25 preferred
.No par
Southern

Ry

Co...„..100

Pnm
•




Preferred 4%

——

series

..lOf

50

share I

27% Nov 22

-No.par

preferred ___:

•53

3

•

Callahan

Administration class A—t
preferred A
——16
Carolina Clinch & Ohio Ry
100
Carpenter Steel Co
§

2847.

Range Since January 1 •
Lowest
Highest

9 per

Shares

$3

14%
35%
footnotes see page

Nov.

Nov/28

f;;

per share

*Oct^2

Sep

3

6% Oct V 9

•

20% Oct

10

12% Nov 22

113 / Nov 21
Oct

9

11% Oct

10

43

51% Nov 22

12'/a Oct 30

Capital

57

35%

Nov. 27

.Cannon

123
44

14%

*

*

Canadian Pacific Ry ;—
^..25
Mills
;._.__No par

12%
51%
51%
12%. |12%

*43%

Xl-iri *

STOCKS
STOCK
EXCHANGE
'

NEW YORK

Sales for
the Week

Canada

44

•53

'

/••-•.CLOSED

12

•121

Npt. 26
pet share

Z

.114

44

.

/ J

/>•

28%
56%
3%
3%
7%
7%
23%
24%
13%
13%
28

*54%

114

7

Friday

Thursday

Wednesday

Tuesday,

Monday

I per

7

PRICES

50

Oct

1Q

112

Sep

23

39

Sep

11

?

5/. v-iv

34% Nov 25

.

9 per sharp

Year 1945

Lowest

iper share i

r

•;//>:«
Highest

# pet share

u'M*>1>,«rtHrwifii W^»UK»>

Volume

"THE

164; Number 4547

COMMERCIAL & FINANCIAL CHRONICLE

ill
LOW

AND

HIGH

Saturday

J!

Monday

Tuesday

Nov, 23

Nov. 25

Nov. 26

:

,

u

$ per share
32

6%

;32%

6%

33%
157%

.54%

19%

19%

i:

-

155%

55 ••'

•rj 19

105 -

105

U.

♦142,-'

144

-

-

19%

105%

54%

19%

■

*142

142 %

144

24%

25%

20%

20%

20%

M 25
:"*20%

20%

::i;

20%

20%

8%

9%

8%

9%

9%

10%

*112

20%

114

*88%*9

.

*89

*27

10

28%

114

27%

28

*27%

8%

27%

57

19%

12

12

12

33%

33%

33%

34

16%. 17%
*24%

17

25%

•23%

Case

1

*15%

16%

17%

'

'

(J'I)

Co—>

10

•

Celanese

900

?.->

$4.75

>

40

-7%

4 300

Tractor

Corp

24

27%

5%

*110

2,100

Central

Aguirre

Hudson G

Central

111 Lt

100

Cent NY Pr

300

tCent

27%

*15%

16%

*15%

21%

21%

V; *21%'

18

•

'

28

700

RR

Central

-24%':

il

."*16

16%

50'/»

'^1

10 %

50%

.8%

6%

10%

7%

73/4-

51%

6%

11

7%
:.

50%

6%

6%

7%
14

13 %

13%

8%

9%

6%

*5%

.

11

24%

16%

4%%

Sugar

9Ve
6

-

0

7%

T%

,

53%

•

'7%

:•

7%

7%

6,900

13%

14%

2,400
2,400

5%

5%
14%

.5%

,9%

*5%

•

r

6%

Chicago

Great

West RR

preferred

400

13%

14

14

14%

14%

20,000

Chic Milw

St PI P vtc

39%

41

40%

41%

41%

42%

41%

<43%

15,400

Series

preferred

20%
43 %

19%

20%

20

20%

19%

20%

20%

21%

9,600

42%

X

42%

42%

17%

18

18

46

47

44

42%

18%

*43%

X

47

46

44'A

18%

18%

•:

*43%

46%

'•45'A

60

14%

.*58%

-45%

19%

18%

58%

,58%'

58%

58%

*58%

*14%

15%

14%

14%

*14'/2

*15%

16

15%

16

*15%

16%

60 •••

*58%

*14% ■<' 15%

15%

18%

15%

•Chickasha

6%

6%

*38

41

27

.

-6%

83%

'85%

27

27%

27

27 V*

110%

*107

84%

110%

85

27%

21%

21%

22

21%

22

38%

39%

39
30%

39%

38%

39%

31%

31%

31 %

31%

*31%

31%

Id

10%

*10'%

10%

10%

10%

10%

10%

*90

92

*90

21%

22%

39

■■■

:

16%

*46%

48%

47%

49%

*160

190

*100

106

*90

105:

111%;

112%

108%
103

190

*59%

62%

112%
*60

*107%

108%

*106%

101

*101%

♦57 •'

61

*57%

"20%
32%

20%

•

-

x

32%

40

K

*150

32%

C

62%

32%

Vt

163

Monday
Nov. 25

Nov. 231

$ per

$ per share

140%

*63%
*900

Clintop ^Industries
<

$ per share

share

138

138

140

45%
,104%

•103
38

Nov. 27

•63
*9G0

X140V2

46%

,103.

11

38%
11%

37%
11%

28%
11%

16%

16%

16%
*13

16%
13%

13%

13%

14%: 14%
*12%
♦29

29%

♦28

14%:

14
29

,

14

28%
10%

*28
10

34

21%

85

40%
•

39%

40

107

19%

3%
121

3%
121

32

32%

12%

12%

*12%

24%

25

*33 /A

3%
120%

120%

32%

32%

32%

32%

3%

13

25

*32%

6%

6%

6%

6%

25%

26

26

25%

•,V'25

35
.

2574

26%

26%

106%

106%

106%

106%

19%

19%

19%

17

y.

*

740

20%

$3.60

Commercial

8,100

3%

Commonwealth

73,100

122%

'

2,400

$6

Commonwealth

13%; "

2,200

Conde

25%
;

27

6%
-•

27%

106%
.

5,900

■

y

.

13,400

106%

y

2,700

19% •19%

2,800

12,200

19

19

19%

19%

19%

1,200

Consol

RR

17%

719%

17%

18%

18%

19

19%

Retail

111%

112

2,000
300

Consol

112%

19%

42%

42%

43

I,600

♦102%
8%
47 -A

47

10%
36

15%

vy

15%

13%

13%

18%

103% 103%
•v.-:,.9.'. •y;;y.g;...y

46%

47%
10%

y; 10%

36 % y: 37 y'"?
>
-15 %'
15%
:X; 14%
14%

15'A
13%

14

12%

13%

' "

49

*47%

•

?.?!;

13%

*12%;

12%

54

12%
63%
64%
26
1 -26%

♦101%
67%
♦190

103

54

%

v

^

7%

4%

35%

36

51%

51%

53%.

.

■;

.

102 %

68%

188

7%

7%

4%

5

5

34%- -35%

35%
-

•

53%

~

53

53%

27%*

27%

102%

68%

..

102%

>/

35%

*98

-10214

35"%
51

28%

Jan

Jan

08

Aug

20%

Jan:

80

Deo

08

Jan

15

Dec

48

Nov

140%

Deo

X

25

Nov

Jan

49

Jun

Jan '

9%

;

y

105 72%

Deo

? *

7

170

Feb

205

Deo

!

89
109%

Jan

105

May

4

Jan

113

Oct

77 1 May 20
108% Mar ,5

106%

-

_t

.

106
62
/

Feb 27
Jan

8-

.,.

44

Jan

rt

68% Nov

Nov

110%

Apr

18

93 Va

Jan

100

Jun

9

53%

Jan

59

Nov

4

Apr

34 Va

Jan

41%

35%

Jan

July

44%Feb

Sep

36% May 21

60y8 Jun
165

7

v

140

May 31

!;

53%
155

Apr

Oct
Deo

„

Year 1945

Lowest

7

200
Feb
69%

9

11

130

,

May

183

77.72

Nov

49

Deo

Ma^r 20

59%

Deo

60,3A July 11

■>

77,Highest
& per share

$ per share 7

$ per share

Jan 23

Sep

26

31%

Feb

101%

110,

30

Aug 20
63% Jun
5
23 3A Jan

30
19

24% Feb 16
41
Jan 18

,

Oct

Oct

12

Oct

106

Dec

*

34%

Jan

50%

Deo

14

29

Nov

18%

Deo

50%

Jun

Jan

28
28%

Jan

46%

Jan

46%

Jun

31

Mar

50 Ve

Nov

31

Mar

50

Nov

11%

Deo

41%

Oct

7

7 28''

Deo

?

Jan

14

38

Jan

14

30

47

Jan

29

26

47

Jan

28

24

14

Jan

24

Jan

22 7

48

Apr 22

36

Nov

36% May 21
106 Va Apr 10

26

Dec

6

39

Jan

83%

Sep

July 15

110

Dec

116%

Deo

15% Aug

125%

Dec

Oct

Sep 25<

59%
123?

Inc———_.l

17

.

35 %

7;

Co...—Wo par

7

'■

Deo

34 y*

Nov

26% Mar

39%

29 Va

50

24%

6

106

32

Dec

34 V*

Sep

Nov

109 V* May

11% July

22

Jan

45%

17%

Jan

35 V*

Dec

45

Deo

115

Feb

17% Aug

8

Deo
Dec

Aug 26

115% Mar 15

108%

Jan

9

54% Apr 18

26 Va

Apr

8%

Jan

22

Oct
Nov

7%

Jan

25

July 18

109 Vb Jen

10
10

40% Nov

17% Deo

03% July

53% Jun

Sep 23

Nov

31V*

60
May 27
33% Jan 17

Jan

Jan

3% Mar

6
28

47

12% Feb 26

101

No par

Sep

124%

Feb

■!

18

NOV 23

111% Sep

Jan

Jan

25% July 12
23% Apr 20

7 16% Sep 24

100

4%

89

28%

1093/b Jan

13% Nov 29

y

H Jan

1

17

7 36

4

10

14% Nov 22

"l

'

Feb

10% Feb

9
-

Juri

18% Sep
6
40% May 13
55 % May 13

9

Sep

Jun

36 % Jun

132

10

17 V*

4%

77 5% Jan 31

2

24% Oct

■

32% May 13

Sep 10

105% Sep

•

;

50% Aug 12

:

Nov 22

Oct

,

;..:

25%

;

39

33

$4.50 pfd
No par
of America.—.*..20

37%

8

;•: 74%

'"-••35%

•

I?

37% Jan
106% July
10% Apr

*'■

28%
-

28%

31Y<

37%",:

♦49

51

Steel

Corp

Steel

5%

Co,—

series

•S
:■

1

.7

Bank

Trust

Coty

-.

—

Inc
—
Internat Corp—,

Crane
'•

Electric

No par.

\

3% %

Co

common

10

Nov 22

46 % Oct

30% Feb

109%

Dec

7,

——————50

50

52

Oct 31

Sep

U

■58% May

•

„

Dec

Nov

Jan

28%

Deo

47%

Feb

55%

Nov

12%

Jan

19%

Deo

49%

Jan

83%

Jun

16% Aug

26%

Dec

r

70 Ya Aug

77/a Jan 29

Jun'

1

64% Oct

38%
108

.

Oct

.

Deo

58%
r
t.
■

Jan

71

Oct

182%

Jan

199

Deo

:

«

Jan-

Deo

:

8%

12

14% Apr 10

10

Mar

,101% Aug

109% Aug 14

8

52y»
30

210V« Mar 30

Jan

18
7%

Dec

49% Jun 17

/

25% Jan

43%

Deo

,

110% Aug

|8

V

99% Aug

108%

Deo

»

Sep

10

35% Jan

14

24

Jan

34%

Deo

(

32

Oct

10

62

Jan

14

37

Jan

59%

Deo

48

SeD

20

RA1JL.

Vah

A

49%

Nov

53

Deo

3L

—-25 i

preferred

Oct

20

7 43

•16

1

Nov 26

4% Oct

59%

Jan

16
Apr 24

Jap

7% Nov 22

u—.—I
i-.J— 1

-

Deo

19

56

397/b May 29

25% Oct 30
7102% Nov 18
188

Jan

17%

29% July

27% Jatt 18
67 V2 Jan 21

;

...100

8%

Sep
Deo

60

m

xl2% Nov 22

20

46

50

113

23% Feb

9

12% Oct 30

Corp—'__1';

29

Jan

8

49% May 23
X23% May 29

7,13% Nov 22

•

i__.100
900
Cream of Wheat Corp
(The)—2 r
No par
2,100 7 crown Cork & Seal
100
$2 preferred -.:———No.par

300

Oct

18

24

8Vb Nov 21
10

15

—.14

Co_j.

18% Fep
63
Jan

;7 33% Oct 30

._5

.No par
——--5

113 7/b Mar 29

4 46% Nov 27

.—10

Del

of

-

Coming Glass Works common_—_5
73 % %
preferred-—
i—.109
Corn Products Refining—
i.J-25
Coty

.

5,200

■I
"

51

"t 60

600

'

Oil

Corp
preferred

prior

Preferred

1,600

•

.,

$3

Corn Ikcch
:

320

.'

4%,'
36'

»

**..5

Motors—

Cornell-Dubller

2,500

%

Diamond Fibre

19

103% Nov 26

par

•*

■'
1,040
7• 7 2,800

r:.j

iNo

Insurance

33% Sep

20

Inc

-preferred-

7 Conv pref

2,700

68% '
190

Can

Copperweld

;

•

-102% 102% 5

J>8%

36%
*49

Oct

-42% Jan

1

pfd

preferred;

Continental

2,700

102% 77

68

*188

69

•X35

*49

Jan

7

Feb

108

19

7-5% Oct

Gas——15

V. Cooper-Bessemer

0 200

•13%i •,14% '.• ;';L.

27 V4

101

35%
•

$5.50

Continental

.

v.

v;,':

53% y

-y,'

"36

28%

205

,

No par: 7 -24% Nov 22

9%

Storfes

Pow

Continental
Continental

800

2,100

r

54% ~

35

28%

For footnotes see page 2847.




13

13%'

"

36%
51

13

;

15%

101

102%
28%

28%

15% "

26%
"

Jan

42%

,

.113% Jap 10

2

29% Sep
4
12% Nov 22

No par.

Aircraft

Cuba

of

Continental

13,300

49,. y?,7

„.,JL90
190
,
7%
7%,
;y- *4%
5,

;
,

12 y

*2% Jan

2—25

new

Vultee

$3.78

77 1,600

7,900

15%
15%

102%

68%
190

7%

*98%

*49

-

Inc

Continental Baking

1,600'

•

49

53
-

•

102%.

68%;

190

7%
47A

27

737%

12%

53%

;

36%

-12%
*53 I

:

4%
29%
91%

8 ;

28% Nov
1j4

<'

per share

111

Natural

Continental

400-

■

,v

9%
746%.. ■:<
10% 7;

46%.

"

102%

67%
190

12%

26%

27

102%
v

4%,:

34%
35%
102% 102%.
*28%
28%

.:j2%«

May

Jan. 20

10

Southern—No par
No par

Consolidated

Consumers

v

393/*

10%

Xl 5%

•X54%' ;54%

'

26%

4.

♦7%

54%

12%
54%

r;.53%

-67%
191%

"f;

12%

53 1
141

Range for Previous

19

Consolidated

7 Container Corp

II,500

.

10%

C 14

y-

;

4,500

7

*47%

12%

•

.

.

106

9%

-

X36%

*47%" 49

*

*52%

•V

•

1
>

'

46%

10%

36%
15%

2,600

.

19

39%
104% 104%
y 7.9

:

106%

38

10 y4

•:

43

500

:

50i

106%

105

v

18%

*105%

38%

35%

.

13%
49

*47%

18%
106%

14%

.13%

*111%

43

37%

9%
46% ; 47 % :.

:•

10%

35%

111% 111%

*105%

V 8%y

.8%

h

106%
.87%

*102%

105

18

i

Range Since January 1 •;
Lowest,
Highest ) y

—No par

Edison- of. N Y_..—No par-:
preferred.
—No par
Grocers Corp—^I.33y3.
Conscl
Laundries
Corp
5.

18%

18

Deo

:

'ki !s-f 1 ^-f-p\
15
Jap
8

36% Oct 30
104% Nov 277

$5

18%

17%

Dec

x23

l

7

36% Obt 10

Consolidated

16%

37%

Deo

27

Jan

\

Sep 18

82

Cdnsoi

15%

*105%

64

Jan

16

21% NOV 22

———No parc
Consop Coppermines Corp.*..——5

49%

18

Jan

15%

17

25% Jan,
2
25% July 11

8% Sep

-No par

w

Edison. Co

Pub

Nast

16%

37%

54

67% Jan

-

19

Jan

7 32% NOV

:

No par

7 Congoleum-Nairn
Inc
Consolidated Cigar.

1,900

36%

w

&

9,200

50

:. 106%

37 y8

'

Oct

27% Nov

...No per-

—No par'

preferred series

32%

17

17%

?'

Deo

59%

1

Nov

28

cl A——2.50

Solvents

15%

42

Dec

37%

Jan

Sep 19
12% Oct 30

Credit——_—10
preferred—
—100

47%

42%

66

Jan v

713

Commercial

5,300

y

16%

112

Jan

197/a
49

12% Nov

.100

preferred—100

com

pfd

cum

14%

42%

'

$4.25

47

42%

y 54

59% Jap 11

15% Oct

Columbus & Southern Ohio Elec—10

15%

112%

Z ' ' ,'{i X*

37

—_._2.50

Pictures

Columbia

100

40%

1st

Carbon Co

14%

15.

76% Feb.'16
37% Jan
6

v,

10% Oct

2nd preferred—100

B——

45%

*112%

.

Class

12,700

106%

6%

27

'

:V

■»;

:

4

Oct

102

preferred—^.20

Columbia Gas & Elec
y Columbia

15%

I; 41%

-

700

49,100
2,000
3,400

•

15%
45%

*14

Oct

Deo

62,

—No par:

Br'd Sys Inc

15'A

;

17%
112

-■

Columbia

1,400

45%

45

♦104

non-cum

19

?

■y

non-cum

%

40

25%

19%

18%

conv

4

86%

*83

*35%

106%

19%

*14%'

cum

4%

22

13%

6%

*19%

24%

Jun

42% Feb

—.No par \

Colorado & Southern

"

;

106%

15%

5%

Aikman—

&

100

34%

32%

135%,

6%

34 V* Jun

par

'$3.50 preferred——i.v.-—No par"' 7

Collins

Colo Fuel & Iron Corp

590

X

10%

20%

25'A

•

*34

6%

19%

14%

.

7y

2,700

■

28%
•

'

•

12%

Jan

Nov

130

No par

380

106

.

13%

106%

15%

■«.•••:

».

29 !

121%

19%
14%

Vj*-:''•

No

15%

10 Va

.-v,.

Class

13%

:

••3%

13%

Jan

24

Feb'16

33

77$

(The) 1
—No par
A__——w——-^-.No par^y

'

X

~5%

17% Jan. 25

.

Co

2,000

-

41% V44

32%

106%

-

t

121%;

3%
32%

Jun

Oct

74

■

Colgate-Palmolive-Peet

50

15

21%
3%

121

Jun

49%

4

Coca-Cola International Corp

;

21%

41%

20%

13%

35%

*34

*13%
X24%

'

6%

21%

25%

25

34%

19%

;

-

39%
40%,
104% 105

3%

120%

19%
3%
120%

Jun

12%

Jan

6% Mar

stocks

8,700

17

28%
"v

Coca-Cola

3,000

12

*34%

85 -U

41%

•

40%
40%
105
106

107%

197/b

•,;:29

*83

41%

Deo

58%
26

?6% Jan 28
14 Va July 11

39% Nov ,22.
152% Jan
2

par

Par

110

'

■

39%

11%
13%

•

:

,

39

'i, ;-': '..-

21%

*83

40

102

• _-••-•*

34%

22

22

15%

33%

Nov 22
24% Sep 23

EXCHANGE J

500

,

102

.■XXYdys

10 Va

34%

%'

20

—100

?

NEW YORK STOCK

■

28%

974

108

V:'V

29

28%

,

62;
48

47%

13%

27%

19 V#

''

v

..

29%

21%

39%

62

.

14

,33%

107%

" "-

140

16%

'.

15

,

Jan

47% Mar

17

18% Jan 23

Oct

56% Feb

}

1

No

Shares

*900

;

16%

28%

9%

9%

,

'X;
^

.•

i

*13

,

-

;

12

15

,

14

'

EXCHANGE

"

39

16%
*13

14%'

*12%

140

103%

11%

___50*

Ine

4

•;

the Week

$ per share

STOCK

CLOSED

37%
:

14%

667/b Jun

9;:\

-

47%

*102

Xy-Sl": r:'' 77:7yyyyyyy

Sales for

Novt 29 7

t per share

63%

,

46%

?

Nov

'

*900

.>•.

v 103

■

-Rriday;' y.:'

,m

iyNoViYK"/

140%

*63

63%

45%

112"

Jan

1Q3

No par

Peabody- &• Co—

Preferred

■

..Thursday,

.

$ per share

140

ACluett

f

"

7

Wednesday

,

Nov, 26

63%

45%

Tuesday

Oct

66%

No par a: 109 <

Climax

"•34%
42%':; 43%
163

108%

25%

178% Sep

preferred—

Special gtd 4% stock
Molybdenum—.,.

\

34

*150

Apr

f :•

Graph Bronze Co (The) _____1
; 52
Sep 10
6%. preferred
;
*
100.V..T06
Jun 25
Clev & Pitts RR Co 7% gtd
50
r 99% Jan
3

A

61

Oct

15
17

Nqv 23 \
38% July 9
36% Oct 30 ;y 58% Apr
9
27% Sep 10 ;
44% May 23
9% Oct
9
22
May 10
90
Nov 21
108% Mar 5
15% Nov 22 A
38% May 11
'44% Sep 10 ;
71 % Jan 18

St Louis Ry Co_A.ir.100t
-i—--._i_.100

&

'

Dec

33

a

A::

103
-

-6%

Dec

16%

25% May 20

:y Clev

108%

LOW AND HIGH SALE PRICES

Saturday

'

-20%^2iy

40%

♦150

163

tic

;

50%

Jan

21% Mar

21

'

.-..JVo part

f: Clev El Ilium $4.50 pfd

'

Jan

7

31

17

21% Sep

•

Clark Equipment

Mar

28

110

:

:

:

"*57%

32

26

Feb

20% Jun
40
Nov

33

■

1

Jan

Jan

10
10'i;

6% Apr

i._8.50

common
—

J

20%

40

:

40%

& Elec

Gas

190

*101

61

20 %

42% Feb 16
24 "May 9
51% Jan 16

t'

3^
Sep 11,
.75% Oct 30

5.

112

*60%

Apr

13% Nov
115%

43% Jan

„No par<

105

*107

10%

Jan

82% Jan

14

...*,...25

112

,

Dec

19

'

Corp

*90
;

Sep
Deo

11%

10

.-i",'"'"-'v'/;

*160
'

.65

,

101

150!
500

111%

31%

25% Oct

.45% Nov 27
58% Nov
7
14% Nqv 25

...

2,600

>

*90 /

140%

'

.

17

9,200
1,300

1,300

91%

16%

Apr f
Jan

114

17

4—10.

Cincinnati Milling Machine Co__10
C I T Financial Corp
No par
Cily Ice & Fuel
No par
City Investing Co
5
5%% preferred
-100
City
Stores
—5

3,200

39%

Oil

Co—

Preferred

Deo

Dec

4%

Jan

7

34% Sep 24
Nov 22

No par

Copper Co

Cinn

9,600

;

""'X'

Chrj'sler

110%

*30%

15%

Chile

16,900

27%

♦107

^

IChilds

120

82%

*107

t"

110%

21

3,000

42

■'^■81%'i

27

..

*107,

7

*40

-

83%

81%

Cotton

'h

r

21Y«

15% Sep

$3 conv preferred
No par ^
y Pr pf
($2.50) cum div..._No par
Chicago Yellow Cab
No par

600

Jan

18%

159

30% Oct

4—100

preferred w i__
Chicago Pneumat Tool_

100

15%

No

,y.

;

30

60

*14%

"ll'AOct

25%

-7
S$p 84y •; 15% July io
par,'y- .y 3% Oct 40
* -11% July 8.
par. ^ 11% Sep 19
38% Jan 29

L-Nopar
4—.100 y

w

),J

;'

.200

*15%

15%

A

Chicago & Northwest'n

3,500
2,700

-

1

#45%;K46%:

■

*15%

1

X-

*46

18%

45%.

:

15

f ; 5'% Oct

Jan.

Nov

A; 7% Nov 21
i3

Jan

.14%

cl A—25

B

Class

14
41%

19

V

1

M_—60

Ohic;3ntl& Louis Ry Co

39%

.

Co__(—50

—:

13%

:

'—40

Jun

.

127

20%

25"% July

4% Oct 10
9% Oct 10

:;;y

110

104% May

15

43

Sep 30
'12% Oct 10

No par

Nov

11%

;r

loo

—1.25

Deo

71

109%

13

21% Nov

Deo

Jan

24

22

%■ 23'A Nov

„_No par

,

7%

9

No par

Deo

175

29

.

Co

10

48%

Jan

47%

3

13% Jan

10

2614 Nov

Jan

26

Jan

116

22

8% Sep

,

—

8

14 »A

£%

Co

3,000 A Chic & East 111 RR Co___.
2,500 ,OS• Class »Aj
18,000
Chicago Corp (The)____^

7%

-Mm

Nov

:-v rV
•/'
,
••••:,; '•?{•)*:^ y?tV11 - V
Chesapeake Corp of Va—
„5
;
17% Mar 12
Chesapeake & Ohio Ry
48% Oct 10

14,500
i

13%

7%

•

*5%

v

•

•:

14

13%

,

'

,

90

Jan

102% July 31
237/a Jan 17

110% Jun 20'

Mills
No par 4.: 11% Nov 22
Copperi:^._
No par
; 31% Sep 24
Products-—w.i-.
1
r
14% Jan
3

preferred
Checker
Cab
Mfg

600

7
,k
7%
11% :T1%

11%

11%

7%

$ per share

17% Apr 22

10

10

Sep

5V«
162

July 10

9 ; x, 29

8% Oct
9

L-100

Jersey-;

23

ffif.i':'

2i%

52%

7

20

.

preferred__100
ser_100

$4.50

'

400

•

10

Corp.No par

Champion Pap & Fib Co new No par

30

*

52%

6%

11%

1

Highest

35%

8

38% Jun

;

Pasco

Belt

Chain

"■

-

No par

Sep
Sep

20

2

13
.

109% Jan -14
161 % Jan
3

3

l'y.

& E

New

Certain-teed

900

.16%'

*21

20 y

Jan

<

" Jun

23% Sep

.

Oct 29

22% Jan

.

Corp pfd 3.40%

of

Violeta

de

Cerro

v

600

v

111

.16

.

7%

14

52

6%'

:

24%

"

i'.,r

21

21

.51%

7%

7%

*8%

*5%

,

11%7%

7%

7%

22

Lowest

vJ per share

81% May 27

Century ' Ribbon

^

3,300
12,600

-

26

111

V; v.,':

21

800

.

"

18%

25

a 111 •
•

13

35

,17%

..100'4 138'

Central'Foundry Co

114

55

;

.

No par

Assoc__—

Central

10% Jan
183

k.

1

Nov

: 18% Nov 22
No par-J .104% Sep 19

preferred—____—

600

34%

,27 ?:;7

*110

Year 1945
'

$ per share

,

54% Nov 22

new-No par

preferred
preferred
Corp

.3,000

22

153

No par

1st

9 %

*12

24%

111

,

30

31% Nov

;

'j.

of Amer

9%

10

.

6% Oct

'

92

.

34%

17%

24%

23'A

110

;

$ per share

r f
'

2nd

Celolex

5,000

21

10

26%

,

Range for Previous

Range Since January 1
Lowest
Highest

l25

%

*90

-

12

•

34%

26%

'*

<

;

—>_i_100

Caterpillar

"44 9,900-

21

*112%
•

92

12

17%

25%

:x

-

•34%

•

1

Preferred

2,300

-

9%

9%,

.10
27%

v

100

•

25%

.20%
9

"

144'4*;

*20%

.

XX

>

20%

25%

10

*90

12%

34

25%

*23
110

XI2%

.

17%

*24%

24
111

•110

'

'•

•

.

Carriers & General Corp

'

*11%

'

•

STOCK

YORK

4Par ■'

/

2,300
3,000

,

107

•

'*142

s

21

*112% 114

'

91%

8%

155

107

143%

97A

: • ■

91%

,

9%

33%
55

..25%

9'/e

-

,

STOCKS
NEW

IEXCHANGE £

Shares

.

7
34 V

155

CLOSED

20% ':21''-•••

9%
10

*112%

92

•8%

EXCHANGE

"10%

*20%

21

9%
*97/a

•112%- 114

92%

v.

21,

9

10%

6%

107

9S

21

i

•56

143%

25%

,

'

-

w:

the Week

S per share

STOCK

157

*105%

142%

24%

20%

•

.

19 Va

106

24 XXX;.

6%;-

55%

19%

106

105%

$ per share

33% •''34

*155

55%

Nov. 29

[<$. Nov. 28

!

Sales for

Friday

"

6%

34'A

•155%

157%

55

fc 33%

33%

-157%

54%

*155

Thursday

$ per share

'6%

6%

;

,,.r

Wednesday
Nov. 27 ■ '

-

NEW YORK STOCK RECORD

PRICES

*.%hf. *

.

$ per share

$ per share

*6% A 6%

.

SALE

101
7

28

>

<

Oct -30
Nov 26

i

I

vp.iox#o£rr.v't>MAMr'"/"mrr■■

■

& FINANCIAL CHRONICLE i

THE COMMERCIAL

i
: J}; ^;
Monday, December 2, 1946 f

NEW YORK STOCK RECORD

Nov. 23

Tuesday
Nov. 26

Nov. 25

STOCKS

SALE PRICES
...Wednesday

LOW AND HIGH

Monday

Saturday

" 27%

*105

105$

'105

29
1051/4.

*105 1

105i%

116$

116$

*116

122

*116 .'

122

♦116$

125

30 $

30%

94'A

94$

,tl75

as-

f

35%A "353/4
*94"%

17$

; 103%

':

18

<

10%

18'%
10$

*66

1

18$

18'A

183%

18$
*129

.; 135

''726%

26fi%

27

20$

20$

*95

22

>

18

18

" 16$

•17

30s%.

31$

16%
* 31%

31

27$

20Vt

21

21$

'

97
18
17 $

18
16$
31.

'

*1103%

x27

£13

.

17
36

"

" 27

'

68
18$
17%

},

',

*64
18%
; *17%

68
18%
18$

27$

18%
17%

:.;.X26$

" ' 24

■

";

27$

*18

35 8%

36%< < "'/ 37
37%
43 .'
'
*42% 43 •
17$
*17$' 19
15
15$
14%
15%
*104% 105$
•
*104% 105'
*29
29%
29
29$
*42%

*105

105$

*29

$>30$

18%

25% ;

"•■ 25%

25$

',„28%"

293/4

-

16%

27%

159^

*113

'

66%
160«

'

i6%
17.
65$
66"$
160 >
161

..

'

-

<168$ .169
*125$ -126 3A

17$

■

114-

r;.'.l

.'14%

14%:< 14$

Tuesday

Nov, 25

*14%

21%

22

x21%

18$

"■'17%

36%

36%

;

*187
r

,

;

>*25$.:

143

12%

,<

-'■>

96$

.

16$

15$

15 %y

,15$
Banfe^for Previous

STOCKS
•Nov. 28

" Nov. 29
$ per

$ pet share

tper share

Sales for

Range Since January 1
"
"Lowest;"7< <\ Highest .

NEW YORK STOCK

the Week

EXCHANGE "'•<

Friday

■^Thursday

share

.

I pet share

Shares

y •;Tea* *94^
Lowest

<■;.

t per share

I per share

-

>

"

Highest
t per share

i 17$

17$

'721/2

*18'/4

19

18'%

19

18'A

19
18$

69%

69%

69%

69%

•106$ 108

104$

♦1033/s

106%

11$ /i2ya
51

50

*104

104$

104$

107$

106

106

106

106

105$

"

23/s

•

2$

12

"
11%
""50$

51

113/4

55

•53$
*90

'

'*91"103%

37

"^*48v<

8$
233/4

.*23

ipi'%^103
;.S38$tfc 40$
*40

38%

7$

-

38%

0 :

q;

<

<

23'A
38%

25$

2,400
5,600

*23

23%

*101$
rr38$

;

103%
<'22-.

107%

106V

39

'

'rt'MxtO

.

42

11

21

;

-51

17$

.->

*55

17

106$

54%

;

35%
17%
22

*35

37 .."-■

16%

14$:

14$

15%.

16

13%
■15%

78%

>78

37

*35

17

16%

24

*22

52$^

lit
oksM

*m* m
*106% 107'%<-

108$

17%:

78%

;

26%

22

•

<i ?2
*io5$

I,

56

17

>27$

109$

>•■

S

106

27i%

.

*106
X22

*20$

14$

13%

153/4 .'

x"15

793/4"

;®2
51$

*20$

793%

'22

114%

15%

«

*25%:
22 5

21

20$

22$

26'%.

*253/<

203/4 ."

..

79

26$

26$

22

100

55$

22%

22%

23"

23$

23

45$

46

46

46'%

45 3/4

,

17%

16%

17%

20$

24

15'/

.24

151/4

15

3,500

footnotes

see




page

2847.

:

Co—.—

' Follahsbee

Steel

class

Corp..

2,60d'

*23$""- 'X1-?
.

••-'-

23

23%
46

A

Food .Fair Stores Inc
70G""Food 'Machinery Corp
/:..

1,400

"1,500

"rFoster-Wheeler Corp
<| ^ 6% ; prior preferred
Francisco

No par

123/4 Mar

4:
17,

" 26% Jan

,

Oct

,

543/4 Feb

0

Nov

Sep

".19% Sep
<•

49

"61

Oct

34$ Aug 13
108

24

" 70

7

21 :

I' 83$ Apr

6

26

.109$ Jan

6

70$ May

17
29

28% July

Nov 22

Deo
Deo

110$

;

Jan

Jan

.

Oct
Deo
NOV

18

,

423%
32$

"

Jan

9%

Nov

20$

Deo

107%

Apr

"21% July

34%

Nov

Jan

"63%

Deo

70%

Nov

103
50

"

53% Mar "

,

Jan

-

1053/4

Apr

42 V4

110$ Mar
60
Oct

Jan

<

1

Jan

38%

Deo

Sep

23

115

Jan

18

107

July

111$

Nov

33$ Oct

11

57

Apr

18

41

Jen

11
10

29

25$ Oct
105

46 7/8 Jun

30

16% Sep
20% Oct

10

"111/4 Jan

121/4 Oct

Sep

22

25$ Sep

11

'

233/8 May

71

20 3/o Sep

20

45% Sep

3

'

Jun

Dec

13%

Dec

80%

Juu

"

8% Mar

17

23

Jan

9

So

Jan

44'/13 y»

Deo

28
3

14

Apr

27

Deo

34

Jan

51$

NC T

Fib

61

Oct

18%

Dec
•

4rg

49i/a Jan
353/4 Jan

j

•

59 "a

16

*28

/ _'.

53

9

Apr

100

10

19 $ Nov

20
16

16%

7

Jun

21$ Feb

10

23 V*

S.v

203,& Jun

2

No par

—25

Feb

,

NOV

<

•

34% Mar 29

24

29

new.No par

——10

7

Nov

"16

—-10

Feb

105% Oct

Nov

253/4
23%

7

5 "
"21% Jun ; 5 :

22

V

Jan

104 " Mar

43 $ Jun. :

J. 10$ Oct 10'
104

10

:

■

36%
20 %

Jan

17

.112% Feb 13

26,

No par
No par
—No par

Sugar_..C.o,-—.—.,^A;p,t>ar
—10

Freeport Sulphur Co

25 Vs

9

Feb

52

No par

5

"19% Jan

"35
26

65

42% Jan

May 21

36 3/4 Feb

10

<

■21

.—10
T..25
—100

Sep

88

24

7.%

Power Corp

Florsheim Shoe

100

3,900

Florida

Stove

20

100$ Sep

No par

Stores

Florence

rvs TBtrrvcmvrr •.

For

National

170

1,200

-15$

46%

Firestone Tire & Rubber
4'%% preferred
Firth. ((The)

<

—5

1

Corp

Carpet Co
Flintk'ote Co (The) com
$4 preferred

60

23$

Enamel

400

" 107'

107'%

21 Vs Sep
8
Oct

—15
No par
—2

100

4$%. conv preferred

' First

13,000

3,200

let em K-a|j

26%:/

45%

.

400

^313%

2

s*r

r.n.

3

Co

Fidel Phen Fire Ins N Y

6,300

e*Asi

$f 23

4 5$

V2

" Ferro

1,500

A is

.35

'

19 $

W/i"'
17$

35

•

«UdM

29% :-

*106%

24

15$:

e'nod

p;

900

0'

.Q70D

17

"16%

14 3%

.,

Min & Smelt

Federal

120

{aafcrtiirt

<^i

28%
A,

;• "

<•78

...wofi

*105$
f 54%

.17%

jrfo.fi •

S O)

rfoo«•

51$"'.

106

54$

v

rtap

51

,5!

"Federal Light & Traction
$6 preferred
1

" Federal-Mogul Corp
1,700 > Federal Motor Truck
120
■
Federated Dept Stores com

..3

47$ Nov 25

~JNopat

800

<nH'tqr vm
?

,23$

21$

107

,;n^l6S%.
Vj ,.^2G %
>n07'%

21$
51-.

51$

,

*105%
54%

"ll3/4

22%
106 '

y

& Co-

".'

800

*40

;

41$

52$

21

Fairbanks Morse

Fajardq Bug Co of Pr Rlco_——20
; Farnsworth Televis'n & Rad Corp_l

" 500'
"."30

103

Deo

fla% Nov

800

8'%

Deo

"" 9$ Doo

100

22%

223/4

i.«*10G

7,600

47$

Jun
Nov

28% Deo

2,400
<

22%

.

11

s:

<-211%

7%

.7%

'

41$

42

•v,ll

•

Nov

20$

2,500

39$

♦7'A

Deo

02

2,800

26$.tj

<39

73$

Deo

July
July
July

86

3,600

11$,-K

A

18

39$

*7

4$
20$

95

19$

11$

n

18
253%

*17$

:

109

5,200

17,000

56$

56
*90

11-

10%

24%

38 v

>7$

<

23 'i
•

7

11
18

,

1U

38

10%
18

223/8

u

■

.47$

50

22%
a""':.'

";

*90

.

173A A

22%

"v."

7%

10%

17$
<

:38

i

*7

.105/8

*

23

:!21-ViiL

<

:

10%
<17

<161/8

;95<:;i-

*91

95

2 s/8
12$

Xll%

105

52%
95

50$

ii

12$

23/8 ; "

'

108 <<

960

105$ 105$
.

"

v

106

240

123%

12

37

160

2%

"< 2%

23/4

13,600

1033/a

Deo

107$

10

20

"""•106;;" 106$

<:

81~

"300

108

103'/8

106

2%

...

25$

5

104$

107

106$

106$

2%;

*23/4

1043/4

106$

104%

<:

108

*106$
'

"v

106$

r-i O CD

25$

243%

■70

106"

103

*106$

.

24% •; 25

24$

233/4

27$ Deo

700

19

70

29$ Jan

2,200

19

18$

19

Oot

5,700

123/4 j

12%

Deo

Nov

48%

:

51%

12%

Deo

55$

423%

12$

*18

.

108

*108$

24$

146

*50

'

23$

1433/4

Dec
Deo

158

42 3/4

123/8

19%

156

143

12$

~7%~

3%
15%

15$

154

24$ Deo

37$

3%

3%

Deo

13 3%

*37

37$

Deo

71^

53

'

13%

"15%

Deo

13

52

*42$ "42%

173/4.

Oct

112

*107

143

18%
70

Jun

253/4

154

12$

*65

108

*106y2

12$

Nov
Deo

: 66$

1533/4

42%

171/4
"

35%
229

49%

"""'18%

18'/a

18

-

Deo

178% 180
124$ 125
*113$ 114

143

143

42$

12%

*67

<

49$

•

3%;
15'%

1533/4
"

143

50

37$

3%

153%

153

44

-

Oct

37$

<27$

27"

13$

13

37$

3%

>

154

50"

•rf

Oct

125

200

*1075
109
6%
7
'51$
52

13 8%

143%

3%
153/4

*425%

-

Sep
Apr

25%

102

102

51%

37$

363%

*153

X25%

7

13 V
'

'>

118

42$ <42%

51V4

13$

15$

•

May 20

194

*137

108

'6»%
-

*35%

-

July_18

45

36$

•43

108<

7>50%; ;5i$

*141$

194#

263/4
26%
103"
103
19%
"19$

26%

"^-"■"6%;;"6%

.

145

Oct
Nov

30$

215-215

213

42f

\

-103
;*19$"; 20
'•*106'% 108

'13
:
'"5 36%'

:

*187 A

42%

; 103

'

2

Oct

0

"

22$

36

353%

353%
213

210
<193

42$

■

34% Feb

6$ Aug
•18% Jan

17%

209

•

4

75$

si% Dm

21%

21%

.17$'

:

Oct

Jan

'

i."

•:

69%

.18%

*15$

'"Nov.87.
:

Apr 29

154

112$

17$
*951/4

"

SAL? PRICES
* Wednesday ;

$ per share

$ per share

;*•;/# pit share

,'■>

Nov.26

t

v,

114

114

;

LOW AND HIGH

'Monday

'"Saturday
" < Nov. 23

<

16

.

Deo

24$

'

Apr

17%
162

112
;

26%
;i75
177%';
'< 125$ 126 <

14%; 14%

15'

122$

12% Feb

17% Oct 80
128
Oct 29
26
Oct 10

Mar

5

'69$

66$
*160

-

116

*114

115

115

*113$ ,115

17$

-15%
26$

*

76 %

56

Jan

9

Jan 24

27$
31$

17$

17%
95$.^

,

^

28

Nov

53

27$
31

17$
95V*

,

26

146$ Feb

102

30$

*51

67$ :
161$ 162. , .

V

24$ July 8
82$ May 16

Sep

51$ Nov

105

29%

'.,t;-<li2V::a»K^
,

Deo

'

"

16$" 16%

"

31%

.V16%
67 {

<

17$ ■ 17%
.*95$ ,97$
96$ SGVa
*15$
16y8
'
*15%
16$
,*25$
26
*26$
27$
167$ 169 ,
V.; 167$ 174$
*125% 126% " "125% 125'/a

=25$

-

27

'

99$

Deo

X150

38$

*104%

30$

26$

30$

16^8

; *95$";97%'
<*15$ ;/ 16 '%

25$

25%

p' : 29%

Jl4^ai4^V;">112.

■

^<114
16$
17$

-

16%

" 65$

159

,

25%

,

30-,54$
27

52

Mar 25

145$ Jan

28$

,

37%

16$

28$

<

54

54

-

30 V
16%

29%;

"

66%

159

'

•

17%

65

<

54

54

53

18$

*18
-15$

Jan

Deo

29

18

18

<

*104% 104%

.

'

53

"

17$

18$
15$ " 153/4

7$

23%
*64

37$
42%.

37$
42%

*36 %

36$

-

17$

25%

Sep 11
5% Oct 10

.1
Class A
—1
; Cushman's Sons Inc 7% pfd
„100
Cutler-Hammer Inc .—.——No par

1,000

11

NOV

42

y.

18%

34%
•

'

'*42 3% "43

\ Curtiss-Wright

Jun

60

No par

111
:

35

1

24$(,v!

28$

',27%

12,300
2,100

8

Nov 22

'103 'Oct 25'

52$ NOV

•

.

35$
>36%
7%
24%
,68
19$

85

68
18%
18$

*64
18$

.

Prior preferred

100

Aug
Mar

Jan

^45. Sep 19

No par

-

Nov

NOV

18$

18 %

33%

35%
7%

7$

•-$7 preferred

16

106

Oct 10

10

25

165 ;66

Oct 18
16$ Nov 20

No par

Jan

Deo

112
124

87$ Jau

8

28% Jan 10

5

30%

Dev,

32

18$

36 *

343/a

,

Curtis Pub Co (The)

;

Jan

Oct

35%

9

46 $ Jan

Oct 9
17$ Oct 10

.22

Jan

20%

17$

31$

34$

..

,

"*64?"

17$

18$

34

"

4$% preferred
Cuneo Press Inc

200

■

106

*110% 112

17$,...

18$

'

28

106$

Apr 12

115$ July

893% Nov 29

Cunningham Drug Stores lnc__2.50

.

:

40$ Apr 12
110% Feb "5

$ per share

-

17
17 $
31% 31$;;,
*110% 112

31%

; *110% 111
""" '17$ 17$
' 7 '18$
18%
"v33%' 35 ' ' * 32% 34%
3'6
v 36
' 35% 35%
35 \
36
<
X35 ,
35
7
'
7$
7
7$
?*24.JJ-24.
" 24 ' 24 •
110%
; 16$. I 17
"18
< 18%
110%

*27$

97
19

*95
*18

•

\

s

:.M.^.M.....100

-

Highest

f per share

%

54% Feb 16

95

135

*129

135

*129

28

—.-....1-100
;
5

-

13,300

6%
18'%

18%

135

*95

97

18

'

16%

Vv

■

*95

97

\t

*17

68

6

183%

20$

27$

XX

119$ 119$

;

86

600

10-1/4

•<;

Cudahy Packing Co——^———.—30
'

1r'

50%

-

160

5% pireferred

2,800

18$

*67

27$

*129

135

*129

.

Jy'. "

6%

6

18 »/4

183%

18$

99

68

*66;;

•

6$

6

6$;

6 "

6$

6

68

*66

68

68

'"

Cuba RR 6% preferred »_.-._..»100
Cuban-American Sugar
«_«10
; 1% preferred
100

..

>

101/4

119

118

'

38

10%":

•

.C'

V *45'%

46$

103%

68

38

,

$ per share

Lowest

150

Sep 10

110

No par

Year 1945
V

Highest

v.

Crucible Steel of Amer*.-~„~JiQ par '. ,29$ Nov 22

20
3,800

'

'

18$

,18$

*431%

119

20
175

•

-

112;

108

*106$

■

•

107

^

" Range Since January lvr"

>.

1,000

25$

*97

38%;
99

18

10$

103%

10$

•87$

*96$

v,

■

lowest

$4 2nd preferred

3,900

90

-

1

<

200

.

*165

46$

: *41%

46'%

f

89%

175

*165

38$

*17$

<

18

••42$

46$

•'<

193/4

■

<

30

*25

19$

19$

•

,

25$

99

37$
*95

99

-

175

*165/

;

19%

19:V

'

37

36$

99

•17

1*41 <

*25

" '

Shares-n 1•;>■ %
w
Par 11 * per share'%
'. 5,200
Crown Zellerbach Corp.^WM.—1-5
25 , Oct 9 1
190
$4.20 preferred »~J,^....^»Nro pgf1;; 103 ' Sepi lQ

*105
105$
*117'% 125
:
29$

90

90

25y2

•

19$

1
'

30%

933/4

175 v.:

*94

•30'%

CLOSED

»

EXCHANGE

;

v

29% 30

EXCHANGE

<!

29'%

x93 ;

24$

•"■"*165

■

./•

.,25$

95

<

24'%
19 ■ u.

'

30

30%

29%
<<*94

•24$,,.24$
;r 19 $*-19$

107

28$;

27$

28

Range for Previous

NEW YORK STOCK"

the Week

-

$ per share

STOCK

29 %

29,

105$

*185

Nov. 29

$ per share

$ per share

$ per share

■.

$ per share

$ per share
28

'

Nov. 28

„

'

*105

Sales for

Friday

Thursday

Nov. 27

.

Deo

Volume 164

Number 4547

THE COMMERCIAL & FINANCIAL
>

?y''f

r

\

■

" "T?

•

rv

-

T

CHRONIQLE

> <>

■-

■•...?

•

>

11

NEW YORK STOCK RECORD

LOW AND HIGH SALE FBICES

STOCKS

,

.

Range for Previous

..
'

Saturday"
Nov. 23

"'"Monflij''t''Tuesday
;
Nov. 25 -,
> Nov, 26 ;,

iper share

■

*16

t per share

16%
291/4

28%
101

*16,
29 %

;

,16J/a

30'A.
100'A 100%

lot

■

'$

per share

16

,,.,16'

!

$ per share

t per share

I per share

v ;

100'A 100%

8%

,17
31%
100 y4 100%

•11

9'A

8%

8%

*105%

109

*105%

15%

15%

109

•85

Froedert Grain
Fruehauf

4%

Trailer Co

cum

Lowest

Par

t per share

Co Inc..l

common-

1

preferre<L....*.i..m.100

16

Sep

1

Highest

Year 1945

Lowest

$ per share

$ per share

/Highest
$ per share

Nov

99

,/

26. .; .27% May 13
28% Nov 22
48
Jun 18

23

112

Jiuy

1

Co (The) common-.
Ino (Robert) ——,
preferred
—,
Galvin Mfg Corp.——

Co

Gamewell

Co

(The)

Gardner-Denver
Gar

8%

Wood

4%%

15%

Gaylord

100

,

& Malting

Range Since January 1

"

>>'"■'

6%

39%

15%

15y8
100':;

*85

14%?

•39 y8

39%

39

Xl5%

>

..

.

An#;;/';-/# / >■; >>>>.

Gair

17%

<

,

Gabriel

14%

17 %

15

exchange

12C

95/a

14%

.17%

8%

14%

3,700

20 y8

17%

15

14 VB

200

8'A

X20

10 y8

9%

/

.

11%

8y8

8%
20 y4

'

>v

30%

ll'A

11
20 y8

Shares

v

♦16

,

v"" new york stock* '

the Week

Nov. 29

,

16
16.,
STOCK >#
30% 30.% EXCHANGE
100% 100'A
CLOSED

-

,

30»/8i; 31

-

,

Thursday
>>';>Nov.28 •1

Sales for

/

Friday

Wednesday'.;:;; ..Nov.27

>v

5%%

:—

Co

Industries Ino

preferred
Container Corp

conv

conv

preferred

15'A

*105%

109

49%

49%

48%

49'A

11

11

48y2v49

10%

11%

11%

*170

178

*13'A

♦170

178

13%-

14

11

10%
*75

10%

11%

137/s

11%
'

10%
.

*75

77

42

>"48%
•126

178

Xl3%

77

*39

11%

♦170

13%

"49%
126%

-

15%

48%

49%

50

tl25%7l26%A

16

497/a ; 50%

50%

124% 125/

124%

124%

15%

:

16y8

163/4

167/8

16%

'22%

:'22%

22%

22%

22%

223A

3'/a
14%

3%
141/4

3%

•3%

3%

3%

14%

253/4

257/8

17

223/4

3%

■

14%

/*25%

;>

26

•137

141

5%

•137

-5%

•

20%
*31%

32

*104%

105

.14%

27

25%

25%

5%

141
5%

21%

213/4

31

313/8

31%
107i '

105

33%

14%

•138

51/4

30%

•32%

15

''26%:

141

21

105%

32

107

32%

271/4

>108

33%

27

y2;

•105

30%

33%
*102

30%

,107

•105

107

34%
1023/4

39%

'•

40%

•

40

40%

"

-*51% < ;.54v
>'"-5% / 6;

;

6

.116

.102

i

t

116

53%

34%

53% /

>

102.

39% .41

; *52%

5%
•115

102?
j.

27%

'

•

27%

27%

''

60%

62%

•102y4

103%

•102%

51%

51%

50%

105%

105%

>

;

60% v 62% A
103

27%
/61 >

31%

51%

1053/4 105%
20'A

106

20'A

20%

32

,

106/105

34%

333/4
•100:

>102//

34%
io2;

>4t# / 41 %

54

•51% 1 54/

6%

6/;..

117

116

118>

28

,28%

62

63%
1043A

27%
62%

•102% 103/

51%

28

36%

.

*97%/^%

'

27

343A

•106/f; J08
,

40% "41%

.

-

108%

36r

1053/s -1053/«
33%

>109

•105

31%

;>33%./ 34%

6

•115

116

31

'

31%
=

*27 »A

27 y4

98%

*105'a; 106

\ 33

•102

107

106%

;/30%/30%

34%

30

33%

y4

106%

31

1023/4

"<

.

"93%

99

5%
5%
21% -;722/:

■

<108%
34% >36%

•106 A 107'A

m 29%

*138 /V 141 -T

•105

341/4

•96

'

33

271/4

♦105

3%

14%

.

,21

5%-

2D/4

23 * '
-

•103%

53

52%

533A

106

106%

106%

223/4

23%

21%
6

-

6%

6%

6y8

37'A

37%

36%

37%

,13%
? 28%

13%
28%

123/4

13

.

.

,

103 «

28%

103

#

22%

173/s

46%

45%

23

•158

29
102%
18 V*

101%

17% >17%
44% > 46%

$

22%

160

22%

*159

160

*60

61%

*60

613/4

62

,

63J/8

65

667/4
37%

.

//34%:#35%;
♦103%

£104

37%
-103

7

P25%|,25%
6%t

<,

•78

103aA

257/4

6%

253A

7%

83

7%.

*78

12%

13

40

43%

82

133/a

123/4
407/a

41 Vz

60 %

62

LOW AND HIGH SALE PRICES

/Saturday

Monday

Nov. 23

t per share

| per share

■

*34

.

*104%
*106%

36

173/4

18

1051/2

104%

104%

♦105

106%.

*106%

♦106%
21

20%

108

.

/

18

21

21%

155

♦151%

155

33%

333/4

34

83A
83A
*9914 100%

8%

8%

8%

♦991/4

100%

*99%

100%

8'A
-5%

8%
6%
321/4

8%

8%

8%

.

5%/.

29%
103%

*8%

8%
6%

"

32%

32

•151%
34

18%
18%

34%

6 i/a

.

29%

103%

30
102%

•100
43

64

*165

174

17%

f

*23%

24%

30 y4

/

*101

/

102%

43%

43'A

104

1043/4

64%

-174

64%

•165

92% NOV
Aug,

.

189

>

174'-

17%

173A

-

17% '
?' 57% •:

- •

V-55;> >:.57'%r'«

131% 131%

-

•131%

-

;

39%;peor,.

'17%'/#'

'•■58#:/##
.;p

138
*

26.

.

.

v

Nov,

Deo
32
Deo
33% 'Nov

.

1

t

>'->27%:<27%#'1

'

■7 '

243A:

*27-^-'-

>

.32%,-Dee;

28 V •/'

:^;26%#27>:,. V
*24% :'../25 %;<•■•.

36%

/:
15

15%

49%

491/2

50-'-

-•

*20% >29%
101

101

86

86

18%

.

-19

29iA
*100%

.

-

'?./•

*86%-

K-M

33%,

5»/a

•13

'15 .'

39%i40^
Por footnotes-*see page 2847,

50,

-

/ u

88

■:

'

34
/ /

r

34%

-

5%

-

r5%

;
-«

25% Deo,
Nov
Dec

.

109% July

-

29%

#87% N0*>?
<

19% > :
261%-»

»

"63
*

29%>1
101%

18%

34 ;/

>:5%-

37%

261%

*26%,. 27%
.

26%,'Nov
35 '
-Nor
60%'-Jun.

.

■

v#15%v>

>

1

J/

>:>:"23%> 23%^r-




90
138

23% '
27 '

July

*

131%

>80v

22%

:u

•30

.

-125%

"*25%
'•

7

6%

3iy8

'

1317/a '

•75i

•124

1
-

9%

6%
313A

-

68 y4

•165

<

;53%//53%>
'*131%

-

103%

•64%
-

17%

8 3A
■

Highest

$ per share

9%

-

-,

( per share

100%

43 y2

103%
*63

-

$ per share

" >

9'A

•99%

63/a

S per share

Previous

Year 1945

Lowest

21%
37

.

31%

Par

Highest

155

36%

-

8%-

8%

Lowest

108

21%

9

,31%'

Range Since January 1

18

•151%

100%

stock

106

•106%

9

york

exchange

18%

•105

21%

36%

Shares

new

30

*17%
•18

CLOSED;
-

•99%

29%

.Y

•34%

EXCHANGE

155

351/4

the Week

t per share

108

20%
*151%

•32

Nov. 29

STOCK

.

106

106%

20%

173/4

Sales for

Friday

$ per share

36

18

17%

1043/4

155

33%

v

•34

17%

108

201/a

t per share

17%

.

105%

*150 %

Nov, 28

•34

18

i:18

Thursday

Nov. 27

t per share

38

•17%
>17%

Wednesday

Nov. 26

Range for

stocks

.

Tuesday

Nov. 25

23% Dec

FINANCIAL CHRONICLE

THE COMMERCIAL &

i

2842

Monday, December 2, 1946

.

new York stock record

Nov. 23

t per

$ per share

14%"

15%

15%

15%

15%

15%

27%

27%

28%.

27%

28 Ve

5%

6%

V

36

!'

47%

23%

18

24

-

*88%,

19

•88%

S2

18

•17%

19 "

8%

8%

8%

8%

25%

8%

25%

12%

12%

12%

•12%

37%

x37%

38%

25%

•115%

I

•115

182

36%
15%

106

•6%

92

' *4%

136

123/4

!X

105

*40 V4

:'

38

40

*105

107

*39%

•

k

'/••

:

12%

XX'

*50

41

41

*41

38

*50

:■
X

42

*35

-

41

16

16

ik

15%

157/a

16»/4:

25

25

25%

x

preferred

7 % preferred

:.v

Intern'l

Telep

;.:

25

25

24%
*20
*41

42

41' >x;.

Wf

*20%

41

;X22;x/::Xi-:; XV:.
*40% ■X43 XX/X^V;;//'!'

15%

'3,000

2,100

*140

"40%

147 VX,X

*141

147

*40%

43

*100

*109 %

111%

109

125

125

120

120

si

*51

54

•121

;

-

c.

!

,<•110

•110

111

*125

•125

160

;

'.

32%

33%

32%

33%

102 Va

•101 %

102%

'

24%

23%

X24

.24

•101%

33%*

102 %

23 %

23%

.

160

160

34%

35%

*101%

102 Va

23%

,23%

25,(1,

23

-

14

0

11

125

39% Nov 22

37% Nov

20% Oct 30
v

31% Feb
?! 50

Apr

34% July
60
AUg

Maif^ 8
Nov

145

July

31% Feb

24% Nov 23

40

6

1

60Va Aug
1
42 % Aug 13

4

14% Nov 22

■

5

70% July 19
49% Jan 30

18
Oct 10

36

Feb

53% Apr 16
113
Aug 14
26% May 9

2
2

4

3
1

19

12%
__100
Joliet & Chicago RR stamped—100
Jones & Laughlin Steel.
No par
5% pref series A--———,-100
Joy Mfg'
prefered

•

114% May
145
Not
137% Deo
61
Not
lie

Sep
Jan

109

A

ser

90

;

De«';
Dec

140

46% NOT

27% Jan

Dec

105

Mar

79

Wo*

147;

Jan
118% Aug
31
Jan

101

100

—

2nd

Jan

109% Aug

100
com—No par

Corp
■

Hot;

34%

No par

Johnson

4%

111%

34%

148

1
19

14% Nov 22

_—

preferred

3%%

*125

]

•

Manville

Johnson &

•110

Aug 27
11% Feb
5

42% Feb

19%

preferred

4%%
Johns

101%- 101%

34%

33

-

111%

•125

160

•125

•101%

110/>

•lio :J 111%

\

101

4% pfd—100

Jersey Cent Pw & Lt
Co Inc

109

124

•120

■4 -t

-

Jewel Tea

47

45%

•

9

Oct

6

Apr 11

15% Apr 22
45
Jun
3

9
1

Aug

Jun

;Jun 13

202

•Jacobs (F t)

1013/4

:'"47>,V,

45%

l H.„

-

102:

10

Sep
Nov

101% Sep
52"% Sep

——-ii——il

i.. $6 preferred

93/4

9%

' 9%

%;.:>102% 102%

Corp

250

22

No par
--'-1

Stores

L,-i—
Island Creek Coal —-

500

v

147

•*141

.......

'

."'9%

.

'!

Intertype

,

Jan 30.

,' 12

100

25

ctfs

Dept

Interstate

21%

share

Foreign

1X26 :%

*21

•

*20

21

40

147

;? *140

147"

*140

•;

21

*20

21

V/:

.

6% Mar

8% Mar

No par
No par
No par

Teleg—

'

/

Jan

95% Oct

——25

—„—

&

104 %

38% Sep

No par

Shoe

May 23
2

133/

——No pip

International Silver common

:200
.

27,900

26

•15%

——
-

112

4% Oct

Paper Co—L—15

International

•'•••'- t

V

5%

Jan

9

28'/a Oct 30

$4 preferred v—wL—.—No par
Inter Rys :of Cent Am—-—No par

Xnterriational Salt

Jan

37%

16

6% Oct

4

-

8%

May 28

13% Feb

27

—100

—

11% Mar

3

59

20% Feb

91

No par

Canada

6

6

66% Nov 26

Corp———-1

Mining

of

Preferred v.—

170

16 Va

Nickel

International

500

41
38

15%

15%

15%

•

Int

—

39%

*35

38

15s/a

15%
.15%

15%

15%/

15

15%

international

3

22% Feb
11% May

19

9

195

—

600

Aug 21

44% Jun

29

180 % Nov

:

—

.

1,200
;

56

39%

40

;

—■

1,100

105

*105'/; 106%

.

No par

29,000

13

x

x.:56//"X>yxx;^'::;:'

;

39%

40

1043/4

NO par

Harvester

Preferred

110

51%

>i2%.;v'.;
106 Va

*105,

17

190

19

Oct

6

-———100
Int Hydro-Elec Sys class A
—.25
International Min & Chem—-1:
5
4% preferred
---.10.0

24,200

136

50%

.

:

4%

135%

50%//

Int-I Business Machine

34% Dec

3

151% Jun

Jan

10% Oct

No par

;■

2;300
V

•'■

313%

136

104% 104%

♦35

38

v-;4%

f/31%

4%

31%

,48%

89%

35% Nov
105
Aug

No par

-

———

7,000
•

29"

*88%

-

Rubber

International

240

7% Sep

-

Interlake Iron

7,600

»

7%

7% ;X
28 s/4

XV

J

I'

*'

683/4
180%

"''»

7%

Intercont'l

600

67%

,

,

,——2.0
——1

Corp
Z—No par
4% % preferred i.-———100

'

140

/

■x; 180%

:

92

4%

123/4

40

42

153/4

;•

is

•

Interchemical

1,400

205

205

x303/4

55

*49

39 3%

*35

42%

*35

•39

29 V*

*134%

Jun

13% Sep 19:

Insuranshares Ctfs inc-

*

104%

12%

55

•39%

40

J

Inspiration Cons Copper

200

'

5

105% 106%/,

107%

*50

56

r

4,500

7%

7%

31

;104

'

123/4,

123/4
107%

109

*50
*39%'

16%

7%

28%

*134 Va JL36
46,
49%

if

46

45%

x;<

13:

16%

X7%

181%

*89

92

*4%

136

105

105

109

33% Sep

209

181%

<

'54

168% Mar 22

Inland Steel Co--__———i~No par

67% k:68%

73A-'

30%

5

*134%

,

.

No par
^—100

4,900

38 Va

*204

283/4

*89

30%

'46%

45%

10

Ingersoll-Rand
6% preferred

30

,

_1

39

1

'

*104 3/4

:

*4%

:

7%

28%:

92

.*89

:

182:

181%

7%

28%;:

30%.

*134%

Oct

178

'

183

>

7%

5

30
v

'

•

116 "

500

120 -j.i

Lt—No par

&

37%

300

28

Jan

36
May 20
22% Jan 18

4

10,300

182

19%

Sep

6%

'

*88
X

%'•

/-

16% Jan 28

23

36

12%

7% rX

Jan

io

;

Sep 10
11% Sep 20

Power

Deo

Jan

Industrial

6%

,

72%

Indianapolis

Rayon

Jan

18%

Industria Electrica De Mex, S A——

11%

68%

5% Oct

May

19% Jan

37% Jan 28

> soo

6%

209

;

29%

:45% Jan 15

10

3,500

11%

66%

Co

RR

Sep 23-

14% Oct

3,500

6%

*204

Terminal

87

—1000
5

A

34

Jan,

47%

40%

11 %

68%:.

100

-

series

14% Jan

**3%

85.
Jan 14
99'/a Apr 16

13 V

178

106%]

106

206

4%

ctfs

10
Oct 10

t per share

3

44% Apr 23

11

41

26%

6%

67 Vt

28

:

'

38%

'

Illinois

10%

203

:

182

7%
28 -f

]

40

•38

37%

4,300

lines

Stk

RR

—

34 % Mar 25

49% Jun

V.

.

'Highest

t per share

"10% Jun 24

18 Vic Oct

-100

——100'

A

17%

•16%

106%

9
10

31% Sep

--—20

—

Co

t per share

5% Sep 24

37%

'7%

7%

8%

119%

;•

179 1

36%

16%"]

Leased

j'

6%

68%

•V»180

:

Co—

Central RR

preferred series

< 310

10%

y

:

209

68

•7%

,

;

118 v: 119
"175

-

•37%.;.

16%

7%

36%

10%

*206

16%

•105

■;>

6%

.

10%

;;

,

36%

36%
105

:

15%
«7%

157/a>
7%

»7%

.

14% Oct
25 Vb Oct

—

12%

41%

178

37

37%

t per share

40

12%

40%"

118

178

37

6%

lowest

26
•

12%

'41

•115

182

v-..;-v:

38

Power

Illinois

7700

]

19

8

26

25%

Idaho

11,600

-

Year 1945

Lowest

HUpp Corp—I.

92

19

8%

8%'

25%

49

Range for Previous
Range Since January 1

'?

.iNo par
Inc—6.66%

Hudson Motor Car:
Hunt Foods

400

.

25%

♦88%

:!13

39

120

•178

119

•178

X"

1

25%

12%
37%

25%

'

38

•47%

"X

>

r

Par

12,600
2,200
6,100

28

24%

92

•18%

92

EXCHANGE

15%

*37

49

49

NEW YORK STOCK

Shares

27%

25

47%

•88%

18

8%

24%
48

17%

91

>

15%
•

37

22%
48

;■

'

$ per share

STOCK
EXCHANGE

»;■

Sales for
the Week

Nov. 29

6 V*/-CLOSED v/X

6%:

36%

36

36

23%

.

•45%

47%

•88

36

36

'r'

24%.-'

<

-6%

6

Friday

$ per share

share

27%

CVe

23%

/;

$ per

t per share

share

15%
v

5"%

:

Nov. 27

27

14%
27

•35

Wednesday

Nov. 26

Thursday
'Not. 28

Tuesday

Monday
Nov. 25

Saturday

...'.STOCKS.

HIGH SALE PRICES

LOW AND

30 V« May

19% Jan

^

•V

<

*19':
19% ;
*ii6% 118

:

£i:- ♦47;,

50%
15%

Vv.

•

■'

21

12

12%
46%

16

11T4
:

■

*21

,

.

23

23

51

4 %

15%

15%

18

Kayser

21%

21%

213/4

*49

12%

12%

12%

13

46%

47%

403/4

48

43 Va

♦42

18

43%

23 v:

1

i 23"

*17%

18

*82

86

29%
100V4

100%

f

-

86

;

*82

/

v

29%;

28%

,

100 »/4

86

29%

100 V4

86

84

29%

*85
*

29%

28%

100

100

34%'<;

34

34%; '>

34%

34%

43

43%

44

44%"

44%

44% '

44%

45

47

47

48%

48%

49

49%

48%

*99%

49

*34

.

■

AND

LOW
c

Saturday
Nov.

$ per

Monday

23H

HIGH SALE

34%

.

S per share

Wednesday

share

Kress

48%

—

(S-S) Co
(S H) & Co

•Kroger

Thursday.

;

.

CO; (The)

$ per

t per share

$ per

share

NEW YORK STOCK
EXCHANGE

tper share

Par

Previous
Highest

Lowest

tper share

tper share

•

s

Year 1045

Range Since Janaary 1
Lowest
Highest

Shares

share

Range for

zV:'

Sales for

Nov. 29

50% Oct-

Jan

37

—

the Week

Friday

Not. 28

*49% Not i i

t per share

L
6%

6%

*13%
39%

•12

39%

;.v

41

6%

7

12%

•12%

14

;•/•]
14%

•12

•41%

43

41

.

14%

13%

13%

>

•

52%

*50.

52%

52%

•52

*50

11

10%

10%

37%

37

37%

7%

7%

6%

2%

2%

2%

49%

;*25%

2%
49%

18%

18%

19% '

•6%

>r. *25 %

18%

18%

6%

J

6%

10%

11

6%.:

42%

43%

43%

23%

23%

21%

22%

22%

23

46 :'?•

46

XX 44

10%

10%

:'

*5*

'

f 23%

45%

*31%

33%

•31%

\92

92

49% J

188

V

93

10%

44%

44

22

21%

21%

24;

24%

24%

24%

44%.

45%
:

10%

45%

45%

10%

10 V*

10%

31%

31%.

93%

.

93%

.93% '

•37

45%

*44

*46%'

48

*46%

94%

188

•185%

40

•45

41

42

24%

25%;:

•98

46

*46%

48

41%

107%

*185

106

:

48 %

1,200

41%

41%

,25%

1,900
2,100 i,

105

26

70

70

69

69

70

71

19%

20

21

2lV*% ^"21

20%
20%
170

20%
168

20%

19%

X20

169

20%

26%

26%

26%

46

47%

45%

46%

46

j

14%

♦35%
"145

39%

21

99%

14%

37
155

41

20%
*97

14%

♦35%
♦145
41

For footnotes

see

21%

*97

14%

35%
•145

41




.

14%

37

page

»■. j

20

26%

72%..
21

."

;
-

20%

20

166%

-

41

2847.

26% '

]

47%:

20%,

99%

155

f

"

'

166%

,:;'72%

10,700

1

168

—No par

Co

Loews Inc —

;

1,700

'

Carbonic

-_LNo pttr

Star Gement

rl,700

Long Bell Lumber

-'

21

,'i

:

' .25%

26

■'

46%

48

■.'<>

:r

20%

99%

•97

15%

15

35%
155

41%'

15

♦35%
145

20%
99%

'

x40%

*25%

*8,100

Lorillard

100

.

48

*97

1%

(P)

CorpL
No par
A
——No par

Co—,

preferred

38

37

"145

41

15%

V-v 37

;;155
40%* 41

700

Louisville

Gas

3,700

v 20%

100

14%

155

4,

49%

•?;' 20%
V

26"

-

-_L.

;

Louisville

&

Lowenstein

5,400

4 %%

•

1,700

600
■\—

2,400

-

Lukens

Mack

El

A—

Nashville-

(M)

cum

Steel

MacAndrews

6%

&

10
__--100

Co-

&

Trucks

—50

& Sons Inc—1

pfd series A

preferred

No par

—

Forbes
-

Inc

L-Li—

100
10

30

Oct 31

;

x20
Nov 26
166 Vi Nov 27
24% Sep 11

:

x45% Oct 30

20% Nov 21
98% Oct 11
;':14
Sep 23;

32

Sep

11

153% Nov

13

-No par

38 Va Oct

:.

30

17%

Jun

*

5Vi

Dec

;

60 ;

Dee

,

64% Dec'

Jan

27% Not

17%

:
c

Jan

35%

Dec,

61%
v

Jan

68

Not

7%

Jan

13 V*

Dec

33%

Dec

<

33

Deo

78

Jan

100

"78

Jan

101%

Oct

181

Jan

198

Deo.

32

Mar

'

60

Oct

v
r

Dec

a

-47% Jan

84%

Dec;

:41%

Jan

60-

Dec

19%

Jan

36%

Dec i

40

Not

42 Va

Dec

37 Va

Deo,

,

29% Jan
19%

Jan

25 Vb Aug
50

Jan

66%

Jan

15%

31
10,"
18
28
17

Oct

32%

Dec

Jan

x32%

Not

Jan

187/s

!

190

Dec

Jan

31

Not

Mar

68

Deo

13% Aug

20

Dee

166

23%
52

6

13

Jan

Dec
Dec i

36%: JAn

•

; ;

Jan

39

Dee

Jan

155

May

47% Jan

72

Deo

28%

42% May 31
Jun

44

35% Jaft:

Apr 11

76% Jan 30

Jan

6%

30 A Jan 14

160

17%

2y8 Mar

July 1 <
Jan 29
Aug 7
Jan 14^

7
July 9

72

Jan

29%

Jan

May
Jun
31% Jan
197
Aug
• 32% Jan
72% Feb
43% May

108
,

8
Feb 13

Jan

12.

65% Apr 11
88
66

Deo

Oct,

47

.

210% Mar 29
;

Nov 21

63%

54% Oct

20 Va

May 13
44% May 14

74% Jan 28
15% Apr 15
37% Jan 21
102
May 23
103% Jan 24

10
10

100

--10

•

T% Deo
«B% Deo

31% Jan

33

27% Feb 20' ;; 43%
23% Nov 22 .
43 /\
;103'/aNov 22
120
19
Nov 21
43%
25% Nov 22 '
41
64
Jan
3'r; 94
17% Oct 10
35

Lion Oil Refining

Lone

10
22
8

30
Sep 24

44
43

Co
No par
Corp—-No par
3%#> preferred
_•
100
Lockheed Aircraft Corp——«—--1

:

■

27'!

74%
'"20% z 22 ]
20%
20%
;168v"

Belt

21% Oct
21% Nov
43 Nov
10 , Oct
28% Oct
83
Sep
84% Sep
167

No par

11,600

104%

19% i; 20%

;-"'26%

Link

Liquid

•

Oct 30
Sep 19
Nov 21

x37% Nov 27

.No par

Wks

Locomotive

'

26%

21

%

19%
26%
71

20%;
26%;'

168 '

♦166

26%

♦97

*103

•

"

19% '

26%

-

Preferred
Lima

25%

19%

--——-25
i—--100'.

—————

Lily Tulip Cup Corp

4i%;

47%

B

600

26 y4

>104

-

Series

Corp

400
.

41

25% ;/

Prod

Fink

&

'

25%

■41%>]

♦98

48%;

.

•;.<
48%

48%

*--

1,100
<
10

"40

26

•

300

187

*38

•

200

,

94%

47%

47

25%

■

94%

38%

48

X41%

-

%

187%

20

20%

93%

47%

26%

•169

5,900

32%

*92

X37%,

19%

•19%

*31

95

.187%

::iS-

25%
■

6,000
!

10%

94.

94

.38

45%

24%*
109

'94%

•37%

46%'

41%

<

4,200

,

——5
Lerner Stores Corp————No par
Libbey Owens Ford Glass—No p&r
Libby McNeill fe Libby
%
Life Savers Corp new——L—L5 1
Liggett & Myers Tobacco——___25
Lehn

700

,

48%
-

31%

31%

.*92

,*185V4 188

40
A-

24

♦98

*6%

7

"

94%

•185%

19%

21%

24

x44%

32

94

< *37%

•25%

'

•91:

94%

2%

43%

23%

x23%

10%'

10%

'

•

10
25
50

Portland Cement
Valley RR
Lehigh. Valley Coal
x
-No par
Non-cum ipreferred ——---:Lm-60
$3 non-cum 1st pfd—
-No par
50c non-cum 2nd pfd
.No par
Lehman Corp (The)
'
1
Lehigh
Lehigh

7%
"

12
38
13 %
55-

pfd
(The)

Co

—

'

6% ;;
43%;

23%

Lehigh Coal & Navigation Co

39%

2%
2%;
•25%. 49%

♦23%

,

.

7%

7%*
:

"

;

V

40

40

7

'

10%

*14%
"

9% Jan 24
14% Oct 28
68
May 29
20% Sep 13
Oct 30 * '102% Apr 22
49
Sep 10
82
Apr 9
I0V2 Nov 2217% Jan 28
34% Sep 20
55% May 23
6% Sep 24 ; 17% Jan 28 2% Oct 9
5% Jan 15 ;
49% Jan 3 ; 64
Apr 4
18% Nov 21
38% May 16
6% Oct 9
15% Apr 15
41Vs Oct 10
657/« Jun 14

Light

Consolid 6%

Lambert

•50

53%

V

La

Gas

4% Apr

5% Sep 19

CO——
-4
75 Pesos Mex
—
No par
Lane Bryant —-L——L-L-No par
4% %
preferred —■ ——50
Lee Rubber & Tire
———5

12%
♦42

CLOSED

.

Laclede

53%

EXCHANGE

■

60

.

;;%■ io%
36%

■vX

6%

STOCK

14%

14V4

60

52%

60

*45-:

X

6%

6%

.

—

STOCKS

Nov. 27

f per

Kresge

45%

48%

PRICES

Tuesday

35% July

,,

v

35

34%

'•

31
Dec- ;
61'
Dee ;
36.; £ UoY:

■

29

100%

:' 44%

■

•

Nov, 26

.

Nov. 25

share

; 34%

;

Kinney (Q R) CO-:
$5 prior "preferred
Koppers Co Inc
Cum pfd 4%
series

88%

*28%

100

99%

35% Dec

22% Jan
18% Jan
35% Jan
22% Mar

-

•Keystone Steel & Wire Co—Kimberly-Clark Corp.—-I

19%

;

Co.—

&

Class B

43%

,

23%

22%

-

(Julius)

Kennecott Copper

"

*82

' 28%

..;

Jan

Kelsey Hayes Wh'l conv cl A.

21%"

23%

:

124

Jan

34

25%
50%

31% Dec ?:
Mar;
31% Dec
67
Dec ,

;

Jan

13

'

24%

23%

*17

117

i
i

49%
'

'

25

Jan

20

Furn—

&

L pf ser B
Southern..
non-cum preferred

Xl5%

.

43

*42

m

17

Stove

Kalamazoo

Kan City P &
Kansas
City

1163/4

46%

X46%

43

18

26'

♦19

116%

12%

47%

22,

21%

19%
118 X

118

"

22

12%'

45%

;]

44

21%

49

16

*42%

i f:c' *42%

ii&

*17'

49

/

20%

20%

45%

24%

25

16

15%

19%

19%
118

50V4

*47%

15%
*20%

*19

'*ii6%

24%'V

24 ■/:■■■

25

24%

;]-•
■

19
19
*116% 118

147
■

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4547

Volume 164

NEW YORK STOCK RECORD
LOW AND

Nov. 23

36%'

39 -"

*109% 109%
; *15%'
15%'
*15

'39%"

$ per share

$ per share

40

t

Nov. 29

40%

39%

STOCK

J

*109% 109%

109% 109%

1

16

18%

19%

*15

xl3%

109

109

EXCHANGE

A

19%
15

*395

9%

9%

*12%

13%

*12

13%

*13

27%;:

*25%

27

9%

*26

500

13%

10%
13%

27

26%

27,

10

10%

.

13% '

13%

13%

28

a

*15%
*395

500

9%

,

18%
15%

18%

19
15%

15

500

9%

9%

26

-

3%

*3%

4

3%

7%

7%

7%

7%

7%

11% ?

11%

*11%

11%

*11%

11%

32%

33

321%

32%

32%

32%

3%

3%

3%

18%

15

500

*9%:

CLOSED

*395

15%

*395

16

16

15%

500

*25%

Nov. 28

$ per share

39%

Friday

Thursday

Nov, 27

"

15%

*395

38%

PRICES

Wednesday

Nov. 26

$ per share

39%
109%

*109%

19%

17%

.

$ per share;

S per shate
-38

Tuesday '

Monday
Nov. 25

Saturday

•

HIGH SALE

■

,

3%

•

7%

-

7%

7%

li%
33%

*11%

32%

'

*112

112%

113

113

32%-32%

113

32

33

32%

32%

14%

*111

14%

14%

14%

U: 52

113

*112

33%; 33%
15 Va
15%
53%

52

52%

*28%

30

281/4

28%

28%

28%

26%

27

26%

27%

26%

21V*

51

*194

200

45%

200

*194

46

*194

46%

53

,46

45%

200

10 %

10%

xl0%

10%

-47
104% >104%
96
96 *10%
11

48%

48%

*48

50

*47

112

112

103%
*95%

104

96

*112

96

/

113

104%
€ 90

,

50

111%

111%

40%

40%
•100

.

104

104

fjs 20%

20%

27

27

20%

20

103%

103 %

47%

-47%

24%

,24%

/

21%

20%

21%

62%

20%
62%

*64%

67%

19%

19%

& 19%

20

*40%

43

*41%

-54%
•103

*95

"

62
102

*42

106%

*105

*40

41

'*104

42%

61%

56

103%:

'44

105%'

13%

12%

12%

32%

33%

34

35

13%
35%
33%

14
35%

35%

33

33%

32%
*144

32%
144%

*10%

10%
56 %
*107

,12%

11 Va

58%

59%

48

305

48

:

28%
: iVa

28%

X28%

7%

22%

23%

:7Va
'22%

*43

11%

60

50%'

50%

'

9

9

7%
23%

23%

43

43

12%

12%

12%

12%

12%

12%

12%

*28%

30%

*28'/a

30%

*28%

20%

*29

48%

48%

49'A

49%

49%

:24%
43%
12 y4

49

48%'

■

57%
*57 Va

58%

21%

.21%

58%

*53%,
*40V*

57
42

*53%

21%

21%

21%

23%

53%

53%

*52%

56
40%

57

59%

40%

16%

42 '•

*40%

17%

16

17%

*17%

17%

17%

19%

*20%

21

21%

38%

■

•103% 105,

10
103%

:^15%;;/15%

*15%

33%
34
110
: 110

60%

*59%

60

19%

38%

19%

16

*

30

/

Oct
Deo

18%

Deo

109 V*

Nov

16%

36%
111

111

111%

10%

10%

10%

10%

10%

10%

10%

34%

35%

37

37

38

38

52

50%

35%
50%

51%

50%

»

11%

34%

51%

•50%

*50%

'

LOW AND HIGH SALE PRICES
Nov. 25

Nov. 23

$ per

share

$ per

13%

28

27%

27%

15 y4

16%

;

13%

15%

11%

3: 13%

14%

11%
14%

21V2

26

26%

25

31%

Year

Range Since January 1
Lowest

Highest

t per share

$ per share

Lowest
8 per

share

Previowi

•

1945

Highest

I par share

25%
66

37%

Dee
Nov
Deo f

41% Dec
19%

Nov

13% Jan

32%

Deo

23%

26%
185

*22%

26%
*180

Riar

x34%

"Deo

181 Va

Oct

195

20%

27
187

22 Va

22%

10 Va

10

10%

33

32%

Jan

30

Deo 1

32

Deo

Deo

33%

24

9%

9%
32%

9%

EXCHANGE

14%
22

185

190

*22%

the Week

91/2 Mar

11%

22

26%

*184%

9%
32

31%

11%

NEW YORK STOCK

Shares

Range for

STOCKS

Sales for

18% Jan
35% Jan
20% Jan
16% Mar

STOCK

28

15%

21%

9%

$ per share

share

CLOSED

27%

11%

25

$ per

EXCHANGE

16%

21%
27

share

13%

27%

14

26

per

,,

28

26%

14

*22%

It

15 %

♦183% 190

Nov. 28

*27%

28

11%
*20%

Nov. 27

Friday
Nov. 29

Thursday

$ per share

i3ya

*26%

Wednesday

Nov. 26

share

13%

13%

*27

.Tuesday

Monday

Saturday

Deo

32 %
47%

15%

36%

37

*110

Dee
Deo

105

15

15%

*36

111%

*103%

105

33%

Deo
'

39

Xl6

16V4

103 V4

*15%

24%
61
64

.

17%
22%'

*38%

38%

,16

15%

33%

42

38

105

'110

,

60

*58%

42

17
20%
38%

16%

,

58%

59%

21%

,

58%

59%
22%

*58%

59

31
49%

/:.

*116% 118%

119

119

*U5y» 121

i»115% 121

-

102% 102%
29% 29%
•-7%'
7%

29

42%

44

11%

59%

•105 Ya 110

8%
9
102
105

8%

8%

146%

12

105% 106

;

48%

48%
*102

*144

11%

11

11
56%
111

34

146%

11

146 Va

11%

-

13%

Jan

20%

31%

Apr

41% NOV

15

15

14%

14%

X14%

14%

14%:

14%

32%

28%

29

28%

29

28%

>29Va

29 %

29 %

19% Deo

16

16%'

16 Va

16%

16%

16%

16%

16%

38
17%

17%

20V4

21

33%
34%
16%* 17%
20% ' 2l%

33%

33%

31%

31%

V: 20%

21
104%

20%
103%

21%

21%

21%

21%

21%

103%

*103 %

104%

*103%

104%

31%

31%

31%

31%

34%

34

*103 V4
"

31
*183

-

*183

187. .a:,/

<

.

:

'

42%

1%.
'79%

^29%

.;
•

17%
,20%

':152

152

*

-6%

•

x21% V 22'A

42%
-1%

*42%

-

.

43%1%

80
*25%

155

.

-181%- 181%

^153:^56^;

155

6% *' 6%
22 V*
22%.
43

.

44%

1%

1%

80%

SO'/a

81%'

26%

■

11% .12.%
18""'

18

«

*17

12%

12%

*17

90%

90%

91

*25%

^

18%
26%

14%

15

14%

15

10%

10%

11%

11%:

*25 Va'-

14%

-11%

18%

91

.

6%.'

:V22Va

22%

*'.45%

45%

* ul%r> a%
X80%
81%

26%

•f-12%; 12%'

12% '■ 12%
"?»17%
18%

6%.

;

*26-27
'

sr.

104%

*104

*182.-185
J

22%

4*21%

-.•.;32:.V-.32ya

'32

26%

1%
'

26

33%

«*.

6%

22 %

25%

i"

17%
21 Va

x31%

22 Va

-1%
v'79Va * 79%'

1%.

.iSVz 'r- "*

26-

35%

20%
32

32
185; ,7,185.
i

35%

117%

33

.

42

22 Vw y'

21%
7

*40

35%

16%

,187

♦151- 7155/^-^^ 152
-152 ^
V. 6%"
«%"'; >*'• ' 6V#
6%
-:

34%.
20%
33

.12%
13 %:
'*17%-18%
,

'

26 Va
,14%
11%'

25%

25%

14%

14%

11%

/

11%

20%:
*17%

20%
18%

'

.-20%
*18

♦103

*109

20'/a

20%

*

>

109%

*107%

*27%

104

♦109

'-'111%
32

98

28%

34%

30%
*97%

-

20%'
17%

107% 108

28%

"104

34

105 -

H 111%

20%
*17%

20'/a

17% \-18

:19*

*107% 109%
28 y4
28 y*

*103

29

"V

104

*109

.11)%x337/a
34'/8

"

For footnotes see page




31%
.

2847.

;

*l06%-i09%

32

97%

97%-

Dec

Not

,

|

THE COMMERCIAL & FINANCIAL

CHRONICLE

Monday, December'2; 1946

NEW YORK STOCK RECORD
LOW AND

Monday

Saturday

HIGH

SALE

Tuesday

;

PRICES

t per share

191/*
>39%

,

r,

15%
'

36

'

16%

40

15%'

16%

*22.

70

*60"

*235

285

*105

107

12

12

! 32 %

107

12

26 %

10%

9%
*115%

20%

102 %

124%

26

116%

19%

102%

*101%
19

*9%
*16%

44%

v

9% V

18%."

21%

>

101%

500

19%

20%

9,600

44%

101
101
19%
19%
44% 44%

44%

230

9% -10

*10

10%

300

*17

18%

—

*16%

Northern Pacific Ry

,14,500

18

Cum

Co
preferred

33%

34%

*108%

110%

*108%

110%

*108%

my*

22%

22 y4

22%

22%

22%

Ohio Oil Co

*21%

21%

*21%

21%

Oklahoma Gas & Elec 4%

20%

Oliver

22%
*21

22

19%

19J/4

20

19%

102%

102%

102 i/e

104

102%

10%

11%

11

114%

*114

19

*114

*26%

>

11%

8% conv preferred A
Oppenheim Collins

ii4y2

26y4

26 y4

*

x28%

29

29

*158%

160

*158%

22

*20

*88

*12%

28V4

*158%

160

22

*20%

21

90

69%

70

Otis

29

160
,

*88

90*

69%

29%

*20

*83

70%

6%

90

...No par
-———100

com

preferred

-

70%

69%

Elevator

Outboard Marine & Mfg
-2.59
Outlet Co
No par
Owens-Illinois Glass Co—12.50

53

Jan

19

288% Apr
5
129
Aug 15

39% Apr 20
16ya Feb 16

Jan

,

IT.

3

'

117

36

28%

Jan

17

Jan

41

Mar

162

Mar

102%

>> 65;

,

Nov

410

110

Sep

Oct-

Deo,

2* % Mar
50% *Oct

14% Aug
37%

Dec
Jun

148
Jun
39% Nov
29 > Nov

Jan

Jan

„

219

Jan

258%

118

Aug
Jan

126% Nov
31 %

Deo

15%
112
38%

Deo

112

Oct

19%
9%

Jan

May 22

105 V*

Jan

Jan 11

17%

Jan

Nov

Deo
Deo

26
104% Nov 8
21
56 Va Jan 3
19
55% Jan 3
22 » 19% May 15

Sep 21

30% Sep 80
,

pfd—20
-.No par

100
10

113% Mar 18
28% Feb 18

20
11

100% Nov
18% Nov
44
Oct
9
Nov

..

100
No par

Corp
——
convertible preferred-^100
(The) _>
—6

41% May 28
76
May 3
325
Feb 19

35%
75%

'

■

'

—

.

—

Omnibus Corp

11%;

*114

27'%

4%%'

104

11%

114%

*26 %

27%

4.40%

9

16% CKt 10

(Minn)
"
No par
10
50

pfd $3.60 series
Northwest Airlines Inc
Northwestern Telegraph
Norwalk Tire & Rubber—No par.
Norwich Pharmacal CO--«»^«2.50

Ohio Edison

34%

*34

1

100

Northern States Power Co

26
22

,

30
9% Nov 29

50. f> 111

Northern Central Ry Co

50

9

4 '
Jun 28

105
Nov
11% Nov
31% Oct
223
Nov
121
Jan
23% Oct

100
10

8,800

115%

20%

;

18%

*17

9%.A-9%\

Jan

275

100

27% Deo
58% Oct

Mar >

32

N Y & Harlem RR Co——..—-50

Adjust 4% non-cum pfd__
North American Co
North American Aviation—

.

103%

53 V* Oct

Norfolk & Western Ry_

50

101

9%

9%

,

48

Jan

21Va Oct

5

$ per share

xl6% Aug

Sep 19*
61% May 29
79
Sep 24 • 135
Jun 10
16% Nov 26
> 37% Feb 16

.

pfd—100
1

Highest

$ per share

21%

No par >:■

-

Lowest

35% Jan 16

No par

N Y Shipbldg Corp part stk
Noblitt-Sparks Industries

10,000

27

115%

No par

_

preferred

34% Apr 8
69% Jan la
>

( .26

100

750

235

X26%

.9%>10>;

45

non-cum

13 Ye Oct 10

.

N Y Power & Light 3.00%

60

•122% 124%

*115 V* 115%
20y8 21%

100% 101
19
19%

46%

:

$5

—

400

33

232

>

26% if 27%

,

■.

2,500

13%

33

••

20

102
19%

*45%

107

12%

*122.% 124%
,

10
116%
20%

*115%

20%

*105

> New York Dock

—

^

285

—*,..100

6% preferred series A
: N Y City Omnibus Corp..;

100

*235

230

229

27

N Y Chic & St Louis Co

1,000

■

Range for Previous
-Year 1845

'

" S per shtiirw

S per thare
18Yi Nov 21
'36 Va Oct 10

York Air Brake.*-..—No par

New York Central-^--.-«.Wo par.

600

.

'

(

...

13%
*33

122%

.'/>/ > 9%

10

: ;

38%

,

.

106
13%
34

26

38>

•'-

New

I.euO

*105

13

122%

vi

•30*600

,

Range Since January 1
Lowest
-'i Highest

%

'1 ?at
Newport News Ship & Dry Dock
.1

f400..

16%

285

33
229

227

;;;
.

116%

19%

)i

'

227

226

40%

*60

*235

12y8
33

22%

15%

;

105%

105

33%

21%
40%

CLOSED

22%, 22%
,70

,

'»• *

•11,000

STOCK
EXCHANGE

94
18%

285

12%

*122%

26 %

93
17%

70

'

*235

-

.

■

,24

i

*60

"

'

r,

17

*22

.

70

*32%

226

124%

:

29
•

*105

*122 %
10

93%

285

iv

*225

*115%

37

93
16%

*235

32%

5 26

37

1

18

17

25

*60

15%

91%

v21%
23
X40%- 40%5
15%
16%
37%
37%

22
40\ '

15%

37

91

19%
40

.

EXCHANGE

Shares

;/> -»•;

■

NEW YORK STOCK

the Week

'

$ per share

■,* $ per share

$ per share

STOCKS

i

Sales for

Nov. 29

Nov. 28

'

87—^*;;

t per share

1

>

19%

*35

91%

89

;*22*"~"

:

18%

15%

.

40 %

36 ;v."
I

I per share.

40

.19%

{ 15

-

Nov. 86--;

:.

:

Friday

Thursday

Wednesday

,

~

Nov. 25

Nov. 23

108% Jun 26
19% Feb 26
21
Sep 25

18 y8 Nov
99 % Oct
10% Nov
X113
Sep
26'A Nov
26
Oct
158
Sep
21
Nov
86% Oct

22

14
23
11

29
10
24
19

22
69% Nov 26

25

May23

37% Nov
112

29%
22y4
36
Xll9%

4
Jan 19
July 1
Jun 14
Jun 3

Jan 14

17% Jan 18
120
Feb 11
51% May 22
39% Feb 2
180%May 7
35
Jun 17
111% May 29
100
Apr 5

...

107% Jan
16% Aug

23% Deo

.•

34%

24% Jan
106% Jan

119

13%
23%
155
22%
74
58

Deo
NOV

18%

11% Jan
107
Jan

Dec

Xll8% Deo
34% NOV

Jan
Jan
Jan
Jan
Jan
Jan

36 %

Dee

168

Deo

32%

NOV

95

Dee

79%

Deo

14

49

49

*25%.,,27.
407/c

41%

*57

58

;'30: '

30

*125%

128

*167%- 170

•-V- 5%

5%

6%* ~8% ■
-n%>i2%
•
15%

6%v
11%

*15

*42^/43%
1061/4
*65
*107

44%

106%

106%

5%

.

5
y

68

.

I

"*15%

>43%

106%:

5

''

110

5%

67%

67%

*107

31%

32%
523/4

110

32

52%

53

4%

-4%
39%;4o:
*29%

55;'

4%

39%

4oya

*29%

30%

13%

12%

13%

12

>13% J13%,

*78

32%
.

4%

31

12

6%
12%

*15

12%

80

41

42%

133/a

14

;

7%

7%

18 Va

18%

*313/4

343/4

*111%

21%

115

*111%

22

"

25%

26

*38

" 52

86%

>

88
*16% "'20 >.

25%

26,%

39%
■'V
v

-

„

26%

*21%
108

22%

25%

39

*50

115

22

>

■

40

52 i»

52

26%

26

i

22

*21%

108

1073A

87

*86'%

*85
x31

23%
108

88%

31

*106

•

89-J
89
'*i6%i?22 >

108

Saturday
.

Nov. 28

J per share
14%

,

37

14%

.

64%

EXCHANGE

37%

.

CLOSED

56

64%

25%

:

29 %

117%

11%

20%;

106%

110%
26«/4r

26

28%

21%

20%

21 y8

,

*105

*

,

Jan

.

Jan

.•

Doe
Dec
Oct
Nov
Nov

Apr #■
19% Nov

Aug
12% Aug

117

44 Ye Doe

31% Mar

93-

1

34% ; 36%

.

Jan

Nov
Deo

21
L"

92

'

-

•

'

V

15%
36%
40%
71%
115
29%
29%
122 -

Jan

25

28%

*115% 117
13
13%

:

12%
-

67

"63

63

26

29%
*115%

39%

*109

shhre ;. 5 per share

9% Jan
19% Aug
i 25
Jan

563/4

38%

111

111

I per

:

14%

'

Highest

Lowest

t per share

STOCK

56 Va

54

.

Nov. 29

••

$ per share

.-14%

Range for Previous
Year 1945

Friday'

Thursday

Nov. 23

107

.

74
113

56% July
'

107% Bop

Sep
Apr

-

•

-

r J

:■

""

1

*97'

•*

102

•

*23%

86

52%

31%

31%
.

.

.

>

*90

,9%

9%

96

>.17%

*190

h'.-r>\t

*200

206

X35V4

;V X7%
10%
*100
•

*60%
*68

153/8
*lP«J/4
15%

*
t'36%

; -

18%

183/4

,

*200

-

,v

-

.

nauinwl:'^.,
Obo«M*S.

D
,

36

*100
'

)125

.t

.

-

'■.

,

200

15%

62

page

2847.




Deo
Jaa

ie

v

^

>;:/

21%
*21

16%
13

!•

22

ie

•.

Jan

198

Jun

12%

Jan

17%

;;

21 %.:>,.

'

Jan
Mar

21

>>

*195% 200

.

16%

Tan

s-49% Mar
68
Feb

72ya

•fie>
see

190

.99

14%

72%
16.

■

footnotes

v

.,

6%

■«

60%
72

.

13'

For

Deo

.

.

106
Deo -.J
23 y4 Nov

Jan

20%

8%

,10%

125

l61

108% Feb
l."r, 126 / Sep J
■
:;'11% Deo >

>15% Jan

39%

36%

73/4

Deo

37% Nov

-85%

i96«/K«

rUtl8%0 Ifr lliii'::
i7%ijtn%.ii>.

—

206

8% Mar

■

*1617>/2
*
190 Z
ir'

Sep

> 35

Jan

118% Aug

10

..*90o"/

-

,

18

*16

Jan

105

31%

I

> >/'59%' Deo

::;il

v-

*1.04%:40J^;., •
♦•|24t(ijaaJi- ns'/j'

:

,

X17 3/4

20

31%

104% 105

,

53%

*16

*124

9%"

34% Doo

J^

^ 44%

25

'

„

'

14% Jan

25% ;

*83

"

Jan

24% Jan

•

25% Doo i

205%
'S'-vti144 y4
.12%
15%
117%
1
69%
. 91
43%
198
22

July
Doo /
Deo
Doo
Oct

Jun
Jun
Jun
Jun
Doe

27% Doo
33% Doo

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4547:

Volume 164

NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES

Nov. 83

'■

S per
12

.

share

58-

,
'

58

<32% <! 33%,
♦100

>; 32%

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114

114

112

112

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118

Jap

47% Jan;

65% Dot

17

24%

Jan

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106
May
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113% NOV
31

NOV

-19 % Feb 30

13,200
9,000
1,400
r

17,200

111%

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21%

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34y8
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114% 117%

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69% Jan 15
28% May 28

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138

3,300

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143/4

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116%

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110
Jan

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'

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.

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.

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Quaker State Oil Bet COTp..—1Q

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139y»May 10

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V
31%
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41: July 1
30% Jun 10

:

.

49

153/4

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.

31%

112

20 y*

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No par
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UHopar

108
Sep 25
114% Aug .; 9
! 119% Jun 20

16%
■;

; 34%
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15%

'

100

67.

Oct 10.

31
Sep 10
17% Oct-10
103
Sep.;lQ.

Feb 16 '"<■.1 12% Jan

71% Apr 27

$ per share

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,

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14%

100
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.

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63»/a Feb 18
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Highest

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95

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98

98

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,

,

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<

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34

50

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38

200

.

Pub Ser El to Gas pfd $5
Pullman Inc..;
Pure Oil (The)
5 % conv preferred
;
Purity Bakeries Corp

;

700

.

11% Nov 22

1

J kotblZ.No par
No par

preferred-—
preferred——
preferred
8% preferred——

$

,

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16

19%

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-

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'

107

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17

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18
.

,

10

100

31%

9 per share

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,

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20

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400

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81%
81%
81%
15%
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16
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103% 103% f'i r 104% 105
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34 «

170

Range Since January 1
■
Highest

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.

Public Service Co of Colorado___20
r Pub Serv Cotp of N

,;,*670
>

128

51

81%

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,v-17%'.i 18
34
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; 20
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9%

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81%

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$4.75

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i

81%

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\2,000-

20%

■■

4%%preferred serA-_.dJ-.—50" " 39% Nov 27 ^
Procter's Gamble..
No par •.•»- 53
Oct' 9 >
Publicker Industries Inc
5
i' 32
Nov 21 ^

100

36%

113%:
50%
51
21%
22
■
; : 109%-109%
31%
31%

50»/a
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X50y4

Pressed Steel Car Co Inc.—-

;

4,600

35%

.

x:;/

Par

•300

20%

<■;■;

♦112%

114

♦112

.

*10,100

;

35 :;

*94

,

36

Range for Previous

NEW YORK STOCK
.'.EXCHANGE

3,800

127% 327%

127% ;

:

100
-

41

34%

34%

\

13

40%

STOCKS :

-

!

Shares

*

58% " 58%

CLOSED £

20
20%
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no1/* 111- vv
120
121

.

v

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110

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52%

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;

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126

115

113%

33%

•

12%

EXCHANGE

' ■"

.

the Week

r

■

9 per share

STOCK

12% >12%
39% 39%
57% 68 ¥2

:

' 2
Sales for

Nov; 29

1

Nov; 189"

9 per share

9 per share

•.

' ; 34 >>.34:;
^19%
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?

127

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128

52

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20
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19%
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106 %
112
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120
119% 110%
120 -i
100%

> 34

shareM

11%

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"41
58 " ;

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5

Nor. 87

I per

57%

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'

,

"«
-Friday

Thursday

.Wednesday

Nov. 86

t per share

-

12%^

,

-♦38 V 40%

Tuesday

-Monday
Nov. 85

Saturday
,

22%

7,900

•1Q4% 107
35%
37%r^
117% 120%

'

13%

13%

100

19%

20

13%

13%

7%

-

17%

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<

.

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18

;

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18%

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52

25

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24%

1

54

53

•24%

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STOCKS' V

LOW AND HIGH SALE PRICES

/Monday

Tuesday

Nov. 25

Saturday

Nov. 26

Nov. 23

tper share

I per share

54%

10

>(t<^,->'/N0Vi»7

f per share '

<

22%

23

/

223/4

233/a '

112%

113

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106

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363/4
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14
106

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30%

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7

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30%
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37

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36%

101

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ioy4<: io%#
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/:.99-..'...: 99 :
19%
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243/4
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10%u
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54%

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563/4

56

223/4

100%

•98 '102 "

Shares

113%

53'

22%

9 per share

Iperghdre

22%

10"%

-

the Week

Nov. 29

*112%

X47%

*16

?

| per share

.

Sales for

"Friday

Thursday
Nov* 28

55

22%
22%
♦112 y4 113%,,
.;

Wednesday

111 v, 111

35%

For footnotes see page 2847.




::
-

.

14%
X853/8

16%
41

111%
343/4

12

5%

12

'

•

43

f

111% 11V%
35%

$50%-

'

■

17

•43%
♦111

36%

44%
111%
36 3/4

NEW YORK

STOCK

EXCHANGE.

Range for Previous
•

/ Range Since January 1

Lowest.
I per share

;;..j; Highest;

•

$ per share

Year 1945

Lowest

<

t per share

i

.

,

w

■

Highest
$ per share

Monday, -December 2, 1946

& FINANCIAL CHRONICLE

THE COMMERCIAL

)

2846

T

NEW YORK STOCK RECORD
LOW

AND

Monday

11 ,;

...Tuesday*;

=:,,5:

Nov, 25

Nov. 23

'

28%"
83'

27%

7';

■

83
89

•j.

{I

38%

38%

: 38%

.64
24%

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24%

12%

12

39'A

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4o
18%

J;*101

38

18%

18%

45%

46

"

.

14%

21%

21%

22%

21 Va

21%

*21%

17

17%

17%

19

19%

A *107 % 108
*65%

^
*

69

:%*i2i:;A122:,:A
{■■>
7%
7%
V,

19

i
«

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7%

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114"

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p;:

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281/2

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10%

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:
4-

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NOV

56

13

'40% Aug

11
17

27

105 %« Deo

0%

16
4

NOV

20%

Jan

34

AUg

34%

14

July

11

Oct

too

•

bee

AAT'AADee/;;

101%

23%
38%
24 y4
110

in
30
22

17
26
18
10

k'

7% Nov 22

Nov

Jan

33%

Dec

16 V4

18%

Nov

Deo

109

,

Dec

Dec

109

Nov

73 Va

57
Aug
'119%' Oct

.

127 Va Mar

10

Aug

79

Jan

33

Deo

13.7*

Deof

.

31 A Aug
i

39% Not
38% May

43% NOV
k

f:'.''J

Jan

v>.

!j -V*

^

.m~4

*7 %

Dec

24%

30% Apr
31% Mar
29
Apr

109% Aug 20
16% Jun 28

Dec

25%

Mar

22

Dec

9%

5 % Au g

21
Aug 22
41% Feb 5
36% Jan 28
41
Feb 11

.

Oct

24

,

65% Apr 18'

•

Dec

22

Jan

1R%

r

56% Aug 12
24
Aor 18
35% May 29
160 • May 24
22
Nov 29

10
10
10 '
20

28 Va

Jan

107/a

Apr 17

124% Aug 13
14
May 28

10

K".1 ■••"'

18 Va

>

July 1
May £8
May 17
78% Jun 10-

k

Oct
Nov

25% Deo A

Jan

10% Jan

39% May 13
23
Feb 13

.

45
106

Sep

16

>

-

'

'»i• V.
•-

/

\

13% Deo A

17%
100

*55

39%

3,800

700

10%

l:8uU

60

}:

56%

1,600

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15 Va

43%

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42%

107

>;

A $2 %

1,900

17%'
*15*%

Steel

51% NOV

31% Nov

13%

Jau

20%

Jun

Jan

65%

Nov

18% Dec
rm Deo
♦64% Dee:
15 % Mar

8%

Apr
9% Mar

53% July

Feb 16

.10% Aug
13

19%

.

38%occ
8
102
Oct 25

Nopar

com

...

July

1

Dec

66%

Jan

45

X14%Oct^O A 21% May 14

69% Jun 18
IO6V4 Oct
4% preferred ------L
100
112% Jun 12
'4%: Jan
Thompson-Starrett Co
Nopar
5l/a Oct 10*
1378 Jan 29
31
Jap
$3.50 cum preferred
——Nopar
32
Oct 9
68 Jan 29
16% Jan
T^de Water "Associated Oil
—10!
17% Nov 13
24% Apr 20
A 101 -Sep
$3.75 preferred
No par
99% Nov 26*
112 Feb 20 •i;v> icy^.f 5.
Timken Detroit Axle
—5
16 Vs Oct 10
26% Jun 14
60
Apr
Timken Roller Bearing
No par
38% Oct 9
66% Jan 15
10 -Mar
tTransamorica Corp—
2
13 Va Oct 10
21% May 20
98
Jail
Transcont'l & West Air Inc.—
S
21
Nov 22
71
Jan 9
;
18% Jan
Transue It iWilliams St'l
No par ■ ' 14% Nov 29
33% Feb 7
5
Jan
Tri-Contlnental Corp
—1 A" 6% Oct 10*
,12% Jan 29
103
Jan
$6 preferred
Nopar
105
Sep 25
114 Mar 8
10 Ye Mar
Truax-TraerACorp^L..±-c*--^No pat
16
Sep 9
22% May 28
26 % Mar
20th Cen Fox Film Corp—Nopar
31 Ye Oct 30
63% May 11
34% Mar
$1.50 preferred
j—Nopar.
46V8 Nov 21
79 May 11
,102
May
$4.50
prior, pfd
—Nopar
102%.Apr 23
,106%.Jan 10
9% Jan
Twin City Rapid Transit—Nopar
11% Oct 10,,
24 Apr 30
42
Oct
'5% conv prior pfd A-/.-—50
44 Oct 9
71% Apr 30
14% Jan
Twin Coach Co——11% Nov 19
26%»Jan 29
'

20

-

Feb 16

10% Dec

30%

Jun 7
Nov 25

48

.-^—25

(J R)/
Products

6% Jan

9% Oct 9
17% Nov 26-

.

1

(The)

Co

99%

100 Va

L00%

*101%

.18%'

19% |

40%:

13%

.

18%

.

39%

18%

18

Nov

112% Nov
9% Dec

-

5,100

39%i

7 23

21%

21%

15%

15 Yi

14%

450

*107

6%

/ 6%
111%

*107

18%

,18%

18%

18%

2,800

41%

X39%

40%

39 Va

40 V4

18,200

51%

51%

•49

52

'.51
:

7 *13 Va 7

13%

*102%

105

*103%

105%

13%

48

47

12

12

12%

Dec

10%

Deo

45%

1,500

A

Dec

Jan

16

Dec

52%

Ded

25%

Dee

Range for Previous
Year 1945

STOCKS

>

Dec

.56

106%

-

290

■

v

Tuesday

Wednesday

Nov. 25

Nov. 26

Nov. 27

Nov. 28

$ per share

< per share

Sales for

Nov. 20

.

EXCHANGE

Highest-

t per share

per share

$ per share

$ ptf'sharei

Par

Lowest

Highest

Lowest

Shares

$ per share

$ per share

Range Since January 1

NEW YORK STOCK

the Week

Friday

Thursday

$ per shart

200

,.

12%

12%

LOW AND HIGH SALE PRICES

A

45

45

33

112% Deo
17
Dec

.

13%

*13%

47

77.11%

200

52

*102% 104

103%
13%-:;

13.%?

*45

*49 Va

Dec

■

10

18%

40%

Oct
Dec

79

'

12,300

xl8%

66
23

t

300

y

110

*107

110

.

7%

.

Dec

107% Nov

-

13,100

15

6%

7

Jun

25

.*

5,300

21% >22

•17

Monday

share

7;500

19V4
.

*15%

•11%

Nov. 23

20%
40%

14

61%

!

8,600

722%

47

Saturday

18%
102%

14%;

100%

7/39% 40 '
•13%'
4 13%

-100

17Va

47

12

,18 Va

V

*33% 7 34%

40%

11%

,

:33%

18%

6%

«

•13

45

5%

33%

3,000

5%

5%

6

-

v

17%

y

,

13%

.

*103%

14

5%
35

Deo

62

36% Jan
16 Va Aug

Jun 3
May 10

1778
70
20%
17%

Dec

13%

-19% Dec

Jan

48% Jan

May 28
Sep 6
61% July 26
30% May • &

10

1

common

32%
26%
65
18

>

Dee

14

.7% Jan
11%

Sep 20*
Sep 19
Sep 16
Sep 3:
Sep 3
/Oct 30;

35
13%
47
IS

Co-

Avenue

Thompson

-3,500

,

Trust

div conv preferred
50
Transit Corp-No par

Third

Thomas

Thompson

43%

*105% 107

Co

Thermoid

90

11%

17%

Land

& Facific Ry

Texas

700

17%

11%

43%

Oct
9
14VaOct 30

21

100
Thatcher Glass Mfg Co_—
—5
$2.40 conv pfd
Nopar
The Fair
~~No pat

11%

18%

6%

*49

105%

$ per

Pacific

7% Jan

13
Jan 15
25% Jun ' 3
68% Aug 21
18
July 11
60% Jun 5

0% Nov 26
14% Sep 10
52
Feb 26
9% Mar 4 1
46% Sep 10

Nopar
10
1

Sulphur—^
Coal & Oil

Pacific

52%

*55

Gulf

Texas

10%

56 Va

Gulf Producing

Texas

:17%.

.

.,17%

Corp
(The)

1,800

52%

10%:

9
5
5
2-5
I

3,700

:

*16%

53%
•17

11%.

:

•107

111%

17%

•

51

*11%

16%

;

*15 Va

*33 V2

39%
'•

*107

18%
40 '..

45

50

10%

43%

*105

18%

/

6%

110

17%
39%

*13 -v/

15 Va

*16

1.7% 7

•

M 5%

& 22% X 22%
;;*15% 17 A:

•'

7

103%

723%:

15%

*52

10%

42%

100%

13%

17 M

*48

Texas

23%

%17

*15%

18

,

18 Vi.

39

;

13%

23%

110

2,300

51%*
24 7
15%
49%
50%
•16% ,16%
50%

51%

49

•.

17%

5%

1

18 >A

6%

Texas

14%

' A A 11% Jan ' 25 ; 19% May 16
A""
A j.

Telautograph Corp

*900

.

40

21%

17

11% .11%

35

*32%
...

*15%

4,500

23%

55 Va 7.55%

106

5%

■

■

UUif %'? is;
;.al01% 101%

I

.

:

10%

42%

106

5%

17%

711%"

51%

16%,
,-53 %

,

*52

Xl7

-

.16

41%

35

: ••39 • ••:
13%

10%

7

11

>10%

\

49%.

17Va-

,'

*15%

A 106

*33

58%

Texas Co

■'

11%

11%

15%

5%

i.

Tennessee

58%

15

55%-

55%

fj

41.

*104

m

1,100
6,300

•23%

% 16

53 %
17

.17%

41

16
.:

.10% ,10%

11%

*15%

r

;

48%

48%

16%

56

16%
59%*

51%..

23%

15

48

H%

*91

52%

23%

49

*55

16%

•58%

'

A

*15%

1

16%

58%

14%

22%,

16%

10% j.

.10%

.

22%

52

[7

47

58

•58%

6%

16%.

-

;2J3i|T|y

Talcott Inc. (James)

300

13V4,- 13%
6%
6%

13%

6%

7

6%
16%

52

/■VY: 52 A'

ft

Ltd.

Prod's Inc
Nopar
$4 preferred
--——No pat
Symington pould Corp^
1
Sylvania Elec

*13%

13 Va

*13 Ve

.

-

10%

10%

22%
fc?Ay!4%'

17

•16%

17

58%

,,

22
8

13V) Sep 11 •
31
Sep 23 .
25% Nov 14
19% Nov 21
101
Nov 21'

_25

nth

26% Aug 26

Jan 21

38

Faper

International

Swift

12,900

a

5

8

8

7%

•

10c
Nopar

Swift & Cq__

•260

103%

102%

102%

102%

103%,

;7%

.

io%

•

*101%

102%

28%

Co_

_25
,-50
Co_
—10
Sweets/Co of Amer (The.)-—4.16%

3,000
3,000
11,600

33%
21%

Mining

Sutherland

300

32%
.

12.50

Inc.

Biscuits

Superior Oil of Calif—
Superior Steel Corp new

200

500

16

Corp

Superheater Co (The)

Ay 7600/

28%
,20%

34

20%

•19%

'

A?6%

13;

56%

'

16

/

Jan
Jan

"■:

#7;:#

7

*16%

U

16

.

(4%%.; cum)——100
1

pfd

Oil

Sunshine

.

"

A

Sunshine

1,600
8,100
/ 5,900

22
44

"

_1

(The)

Corp

Jan

—/

;;

<,

19%

21
•44

28% ,.28%

.29%
49%;

29

Sunray

11%

20

33%

33%

x33Va

;

20,100

44%

43

;

A 16 &

16%

•

29%

m 7%

,8

>*15

20

.28%

.

.43

v33%

33

32%

28%

i.;

20

44

17;A

*15%

32%

•r

20

8

21%,
112%; 112%

*111% ■112%

114

*18%
A°42 V»

20

*42%

M^SSoi!

,20%:

21 Va

A :20%,

>

__.20

Corp
l
series A preferred
No par
Sun Oil Col.
.—No par

122

44 Vi

•<'

20% Nov
21
Jan
14% Oct
18 Va Oct
12 V4 Nov
103% Sep
61%-Sep
117
Apr
7% Oct
42 % Sep
10% Oct
17% Oct
102 yOct
19% Nov

rvfl

Deo

49%

33%

3 V 63
May 10
10
109% Aug 15
13% Oct 10 •
26% May 31

,,

No par

Chemical

Sun

Class

11%

*9

44 - .44%
11%
11%,

;

11% M

*110%

*18%

' 44 V :
>16%

45

Studebaker

,

1

Webster

&

20

7%

.5

Corp

9

bee
%

3uy«

13
31

41ll/2 Jan
102% Oct

$4.50

68

*120

7%

•

"5%

5,500

14

107%

68

67 V4'

•

7%

7%

7%

11%

,20

*42%

k

13%
*107

'120% 121

43%

110

19%
'

107 Va

-

66%

/

122

19

V

*19%

*107

'

!

11%

110

■

:

;

-68% ft

*121

122

*121

Va

•*65

68

107%

....

137/a

13%

13%

12%

207/a

20

20%

19%

*107

16Va Oct

___5
100

Camp' Inc_>
pTior preferred

Stone

6,800
15,400

16%
20%

15%

16%

xl6%

44%

*43,
,11%

./■

18

12%
108

*65%

-

17%

:A

_1

Inc

Stokiey-Van

pi 300

22

♦21

Stores

Stewart-Warner

5,900

,

Bros

Sterling Drug Inc common
3%
preferred

Ulloo;

15%22%

22V4

22

*21%

Sterchi

2,500

47 V»

:715

"223/4

22%

•

♦100V4 104%

15

14%

-H

15

19%:

47

104%

*100

22

19%

19

12%

;

.

38%

47%

46%

22%

*21%

17%

A

46%

A-

41

38%

Not

A67% JadA ' #121
134
> 78%-Jan •

5
6

,

5,100
2,000

39 Va

V

19

800

200

19 %7

39%
38

*18%

104%

14%

22

*107

12%

38

V

,

22

-

A

.

.14,100
3,100

7102% 102%12%
12%

il3Va

39%

AAA

19

*101

14%

•!:i

12% '
38

:

46 / "

102

22%

»j,:
S-;

104

A

39

i 1*18

*101

104

14%

23%:

$ per share

JanAA

2%

28

•

8,800

65%

23%

-

"

38

14%

V

65

24

'Si

$ per share A

$ per share

700

40 V4

65%

*102 Va

103%

.12%
38%

-.

37%

>9,300

23%

Highest

Lowest

;

;

*

'

1,600

..

64%

:39

••

Highest

:

Standard G & E Co $4 pref._No par

26.800

39%

.

24

Lowestyv^

$ per share

Par

'M A: 400

40%;

53%

^

20% Oct 10
60% May
$6 prior preferred_^^^»No par 7.. ,10
Oct. 10 \ ,135VaAp.r
$7 prior, preferred
^.iiVo porr'
78
Oct' 10 •' 149 % Apr
Standard Oil of Calif
par
42% Feb 26 59% Aug
Standard Oil of ;lndiaTia_Lw/25
;37
Feb 26
49% May
Standard Oil of New Jersey..
23
61% Nov 22 ~
78% May
Standard OH of Ohio_.
10
20% Mar 6
30
July
'3%% preferred series A
100.
102%'Nov 29 ,108% Jan
Standard Steel Spring
T;
11
Oct 10
25
Feb
4 % conv preferred
50
37% Nov 2186/ Jun
Starrett Co (Thej L S
-No par •
37
Sep 12
53% Jun

88%
95%
54%.

88%
95 Va

Year 1045

JRange Since January l

EXCHANGE

v

Shares]

.

30%

V4

29

STOCK
CLOSED

53%

,

t per share

EXCHANGE

J 95

/f;-53%

39%

103 %

v

37%

46'/a

45

V

,/

64%

63%

105
12%

*103%

38 %

f<

••

93%

■v

53%

•

\

'-87 %: 7'87%

•

•

11%

;;

53

•

'

,

the Week.

Nov. 29

•

$ per shore

30%

29%"

93%

62%

.38%
62%
24%

*37 *a
18 %

M

93

91 vj*
53 A r 53%

88

Range for Previous

r": Av:'; NEW YORK< STOCK

•Sales for

Nov. 28

per share

■

•

'30% /

7

88

89

">{

J, *103 Va 105
-n,..

.•20

.>

84%

*83

-

53 V*

38.
62
24%

V

29%

27%

.'•

,89%

52 %

t per share

$ per share

$ per share

-

Nov. 26

•

Thursday

Wednesday
"-Nov. 27

*

Saturday

a; •,

PRICES

HIGH SALE

u
53

53 V,

52 %
•

12 Va

25%

89%

12

12%

Va

26%

27;>y/:"

89%

90 V4

53%

53

123/a

26%

90%

90

112%

113

112%

*107 V4

112

*1071/4

112

*1071/4

*100 ;■

;:W21 a:

21%

123

127

*105 Va

106

1071/4

*36,

36

36

,

*102

103

21

126;

*104

112

*100

102

102

103

124%

125

105%

106

105%

36%

36%

;

340

~20

Sep 24

80% May 27

58% Jen

NOV

8

23

Jan

3

14% JgQ

88

Sep

10

23% Apr 16
39
May 29
125
Apr 18

.111

Jun

10

115 Va Jan

25

111

Preferred

-

.

4,300

2,300
'

preferred
100
.Union Tank Car
.——No par

1,600

4%

non-cum

.

-Oct

78%

28
29
May 11
168% Feb
7

20%

•

20V4

21%

40

17 Va

17%
103%
40

•

103

20%
*39

*64:

I

66

643/4

*26 V4

28

*26%,

6%

213/4

,;21%

*39%

40%

'7

*26%

28

7 Ya
82 ,/•;

3%

7

102% Oct 10
32
.Sep
3

46

V

*79%

.82

46%

46

46%

'

:•

*8% A

*83

I3V2

13 Va
*106

*11 Va

9%

■

*84

13

13

13

451/4

22%
14
'

22 Ye

106%

106%

11 Va

,

UlVa

.

".17V4

17%
104

13

*103

13

112

♦189

30V4

13%

.

.

*187

30%

f *30

*91

26 Va

17%

18%

:

:

81/4

*25%

17%
10

70%

*101

49%

*144

149

1

67%
*146

102

48%
144

13%

31

71

70 Va

107

V'£:

•

Jan

151

Nov

Jan

112%

Dec

76%

76%

68%

69%

145 %

145%

.

7

-.

2847.




,

-31

"

93

32,700

7%

>

A/

-

.—'—100
5
_5

Preferred

United

Gas

33%

70C

....

/..qroO A

*91

39%

18 Va

s

\\mtm t*

' *7%
*26

26%
18%

'

*70

;

X18%

9%

9%
38%

37

;A

38

*70

72

101%

101%

*101%

49%

50%

50% 1
146

v/

44

/■::

76 %

69% 1

70% ;

145

"

43%
*77
70 Va
145

49%
145

145%

42%

44

82

71%
: 145

Aug

100
10
2.50

5%

United Rexall Drug Inc

'♦77/.

A

70
144

94
40

•; 3>30C

7%

400

26%

50C

19%

13,900

9%

3,600

75
59

A

900

•-»

38%
4'

43%

Foreign Secur—

preferred

14,900
80C

78%

71%

23,30(
g0f

No par
No par
—No par

Freight Co
Gypsum Co-i.—

—20

preferred
..-i.--.100-,
•U & Hoffman Mach Corp—-——5
4V4% -preferred
100
U S Industrial Chemicals—No par
]U- S Leather Co——.—No par
Partic & conv cl A——Nopar
1%

■*

1

t U B Lines Go
/ «-;4% %
preferred
/U S Pipe St Foundry

Playing Card Co

U S

4,40(
: A 2oc

145

U S

AU G

loo

-

.

&

S

$4.50

'3,000

i

7C.

51%

-

U S

102
146

U

—-10 •
20
^.-10 ?
—1
100

Plywood Corp
—
*;■
3%% cum pfd series A
U S Rubber Co
L
10
A
8% non-cum 1st preferred—ldO
U S Smelting Ref & Min—
^^-50
Preferred
l_
50
U S Steel Corp common—.No par

41%.Oct
12% Oct

/

.Preferred '•

i—k——;—:—-100

13

Den

r*5

Not

,14% Jun

•

50%

Jan

NOV

88% .Jun

;

Dec

10% May

28

30% Apr

;

17%

33% Jan

82% Dec

13%;: Jatt.//^'25^;iNot '■

10

Aug 15/

22

30

106%

23
15% July 11
Jan

110

10
9% Sep 25

104% Oct
;

•36

66

16

Jan

Dec

Feb

53% Aug 26

10

18% Oct 10

112

Oct

A Nov;

13%

6% Mar

18% May 17

0%- Oct 30

Deo

;
<

15 Va Oct

14

13

Nov

23

93

;Sep

19

192

Oct

28

26

:

Feb

109% July

90'

Sep 19

9 Va Nov

27

/
,

2

35

Nov 23

59

Sep
Feb

41

9
20

A:

137/a Jad 29
44
Jan 29
25% Aug 21

40 % Oct

30

'Sep

26

65% Oct

10
11

144

Sep

115

Dec

115%

Deo

34% NOV

38% Jan
A- 6% Mar

55%

,

7% Jan

Doe

12%

Dee

16%

-

Deo

39

'30% Mar

Dee

35

Jan

57

Dee

46

Jan

67

Nov

27%

Jun

;

r

Apr

67% May

187

x72

Jan

Nov

24

25

Sep

y.

llVa July 23 '

48V4N0V 22
Nov 25

100

77

.28

60 V* May 31
84

106

144

77

Dec

107% Nov

Oct
Apr
Jan

.

22
24

13% Jan

26%

Jan

16%

13% Jan

20

98Va Aug 22
62
May 22 f.

Sep 26

6% Sep
26

47% Apr

11%
103%

2

A ' 29% Feb
2
132
May 29 A
x205
8ep 11

26

37 Va Nov

;

32% May 29

■■■

30

Nov

101

—

A

21% Feb
56

Dec

"l% Jan"

105% Aug 23

NOV 29'

82

38% Jan
9% Jan

29

16% Aug 13

12% Nov 21

Dec
Dec

7% July

26 Va

.

567/a July 25

35

pat

preferred _A

•

.89'
7VaJan

14

Deo

62%
40

:

22% Mar
66
Jan

12 '
Sep
5

10

38% (Dec
■120

104
Sep
31% Jan

17 V4 Apr

71% Mar 16/

■

Improvement Co„13%
& Mfrs Inc com
.1

United Paperboard

14

"8% NOV 21

United Merch
,

Sep 20

Oct

44

1

Cprp__

.

10 i

3% Oct

__1
5

/United Electric Coal Cos__
United Engineering & Fdy
United Fruit Co—L
.—No

10

7

•32

>

8

25%

y

6,500

18%
105

600

57%

145 V» 146

1:200

2,500
t'7- A:

39%

39%

-9%
,

194%
A'32.--''

*91

:i:

76%
>

17C

•

123/4

14%

57%

-43%

•"

194%

56%

♦144

44

2,500
12,200

113%

143/a

'57%

49

108

0,800

'

112

113

*189

10
70

Va;

1,700

.

*189

14 %

14%

38 V2

18 Va

*103

105

111.

37

70 77

47. >

9%r;10%

/

18%

.17%
*103

45% Nov

Aug

25
*,

8

.91% Apr 23
•40
May 1

6% Oct
9
80
Oct 30

>.100

——

57 V4 May

23% Oct

i-

19%:

e%-

4

102% 102%

144

70

10%

194%
..7.31 7
t
93 v

56%

..

43 Va

9%

112

,

•

12%

12%

.-

,35%

*106

,7 108

12%

10%

77:7,18%

49%

43%
76%

*106

14

12%

.

8%

7-

102

i

13%

13%

"25%: 25%;
,

57

For footnotes see page

14

•14

x35%

148

a

42%
*75%

;

56%

102

49

;

*68%

66%

•22 3/4

*189
77.

36

56%

22 V4

17%
7405 4
*13%
14%

10

35%

46

22%

38 %

18%

10%
36%

47

22%

r v

8Va
263/4

35

46%

22%

111

-

93

46%

*103

194%

3,300

133/4

35

17%

'

39

:

•■.

88

131/4

36%

■

7

i

13V4

31

"

13%

0%;

110

*10

*68

•85

500

13 y8

11%

.173/4

39

V :/

8V2,;
26%

88

$3 preference
United Dyewood

4,900

9

36%

*106

105

♦91

93
40

*7%

107

194'/a

*38%

9

'

9%

93/4

10

).S

Fast

54 'A Jan

62

Cigar-Whelan

1

'

X13V2 % 133/4

107,%

*109

•$3.50 conv. preferred
United Corp common..

3%

47%

47

221/4

-

1714
104

30,600

82

♦79%

United-Carr

19% NOV 21.

Nopar
Corp——No par
Stores
30c

United

45%

22%

27% Dec

Jan

29

Jan 18

119

Nov 25

33% Feb 25;

Co__—

100

13,800

36

J

Carbon

United

Va
Va

35%

Va
'45%
35

800

Biscuit

103

Inc-__—10
Co——
No pat

7

9

*84%

88

•

Lines

30

47

9

United

,

70

AA 3%

3%

46%

.

0

,

87

35%

11%

47

.8%

/'

351/2

>

22 Va

13

9

451/2

"35%
44

*8%

87

13

46 Va

1,000

.

Air

-6%

82

3Va

38

United

67 3/4

7%

*19%'

3%:

22,200

21%

'

9Va

*83

'3% '

<

Jan

116

100%

•37% Jan 28

16% Nov 21

United Aircraft Corp „—
—5
A 6 % conv. preferred «r—100

*26%

67%

■

3%

Ay 3%

500

38

28

•6%

25,300

103

;

203/4

21%

-67%
.28 7
■

17%

17
103

39 y. 39%

28

6%

17%

20%

68 Va

*66

64%

3%

103

v

'

7 103%

Xl6%

,103

V 20%

■'•40%

*797/a

83

17%

17%
*102

67/8

7 Va

*78

17%
103

Jan

109%

>120% Marl!
42'A Jan
9

,

16%

103%

26% Oct
102% Deo

111% July

27
1

Oet

77

107 Va Jun

29
20% NOV 2V
110
Oct 10

series—.--No pat

$3.50

Feb

101% Nov

Union Oil of California———25
Union "Pacific RR Co———100
•

300

106

Preferred $3.70 series—-lWo par

f

37%

36%

37%.

37

7,200

5,000

•

105%

105%

91

21%
21%
123% 125%
105% 105%

21%

125%

36 %'

.

101%

21%
X123%

20% 721%

21'/a
125

90

112% 112%
*104
112 >
101% 101%

113%

49
12

tlnderwood Corp
—No pat'
Asbestos Ruber Co
5
Union; Bag & Paper—-———No pat
Union Carbide & Carb—No par
Un El Co of Mo pfd $4.50 ser No par
Union

3,800

26%

CLOSED

*112%

12%
27%

12%

91

112%
112

114

2,300

56%

55%

EXCHANGE

27%

90

91

*113

•7

STOCK

13%

27V4'

727%

♦

55%

12%

12%

12%,

27

54

54

80

5 *

Oct 25
"Apr 22
Feb
6

51% Jan
144%
52

84% Feb
6 v
V 72
Feb 11 r;

89

973/3 peb
166

6
Feb 16:

Jan

/

48% DCO
73% Oct
176

Oct

Jan

77% Deo

Jan

89

58%

Jan

135%

Jan

85%
160

Oct
Dec

NOV

;a*asei3asraagpgirerCTinE«!OT*»^^

"V

■

Number 4547

Volume 164

*>;*i 2.4.

THE COMMERCIAL & FINANCIAL CHRONICLE

.

NEW YORK STOCK RECORD
LOW

Nov. 23

21%

20% 20%
>/ *46%; 4a >

21
*46

48

*5%

•

5%

.
'

/

*41%
19%

19%
8%

*91%

92%

198% 203

'19%

26%

86%

*84 V»

/ •».*,

/'.-'• 20

.

20

*
,

x8%

83/a

"

92%

92%

-

/

2d3'"

;

198%

198

*198

—

U S Tobacco

//•-• 7%

70C

8

27% /
86%

26%

84%

«£•'

84%

K;.-

95
198

v

40C

4,10C

.;ri27%

Universal

Leaf

Tob

4%%

preferred

18

"35-','.

,

18%

18%

17

17%

18

35%

35%

17%
30

36

18%

18%;

18 f

my*
*•

35

18

163/4

/

17 1

•85
*85

96

42 to

*39%

102%

6

5%

66

65%
118%

88

*83

6%

6

//

68

68

96

:

•

413/4

413/4
*383/4

*41

%

*83

43

43

44

35

140

*130

T' *145

160

*145

"

38 3A

383/4
35

*33%

160

*145

'65

' 160

65

65

66

*63*

66

17%

173/4

18

*173/4

18%

183/<,

18%

34%

34%

34%

34%

35

34%

35

106

♦105

34%

'

23%

23%

23%

23%

23%

233/4

11

103/4

10%

10 3/4

11%

163/a

16

16%

16%

163/a

16 3/8.

105

*104

25%

->

26l/4

26%

-

23%

263/a

26%

26 V*

26%

35%

35%

35%

243/4

*26

X20%

203/4

x26

26

35%

343/4

4%

26

35%

Ward

IP
100

111%

111%

1123/b

111%

1123/8

*111%

112

♦1153/8

1153/a

1113/4

117%
1113/4

..115%

1123/4

•110%

112

Baking Co

Warren

500

Washingtoa Gas Lt Co
Waukesha

61

,1S

32%

34

75

701/4

18 3/8

773/4
193/8

*10%

12%

19

\i

v

60

*110'

-»•-

114

^.1

; 31

s-'\' *

\

4

*99%

74%

12%

75

v

21%

333/4

;V>

"TOft

'*75

'

900

78

19%

19%

-*10%

12%

28%

28s/s

30%

21%

22%

343/4

v

35%

19%

9,200
"'LmmL

22%

23%

35%

35%/-'.-

*45

*46% -48%

4,400
45,300
320

>

48%

38
93

90'/a
22

.

313/4

*30%

t .22%
13

13

993/4

Westcn

Elec Instrument
Westvaco Chlorine Pro$

99,%

.

*60

38%

39

93

94

32

v.

,.'$3.75

690

69

102 V*

38

92%

91%

102%

3,400

94%

93%

94%

460

*30%

31%

31

31

300

24%

24%

25 V*

243/4

25%

3,600

White Motor

13

13%,

13%

13%;

13%

133/4

2,600

White

*83

90

*83

*29%

32%

■

90

*83

90

*30

85

32%

>

32%

*30

^

33

%
v* •■y

100
•>

'

6 ?'

r;

9'/4

93/4

<*6
9%

6%
>v

12%

13%

12%

123/4

*94%

9 6/2

*94%

96%

*16

17

*16

163/4

161

*145

/•>

13

.

.

13 y4

13%

9,800

96

96

*94 Va

96 3/4

100

16 3/4

*16%

16%

100

900

Woodward

161

39% /.

*39>/4

443/4

44

44/4

*145

51%

•51%

:

*13%

14%

14%

67

56

55

*83%
*93

84

*82

84

14%

67%

.

14%

673/4

68

14%

_

„

84

.14

,

68

.100

.

_

14%

Monday

Nov. 25

^pef8har§

$ per share

i,

v;: Tuesday
■

;

N°Vs.26

$ per

'i'v

'

;;

&

Co

1,000

Wrigley

900

r

/

t per share

share
*

Noytr»7'

*-l

u

*

,

Thursday
tyov. 2$

t per

share

Friday
Nov. 29
x

$ per shftre

1

Sales for

-

40 '

!

24

Jan

38%

Nov

84% Apr
23% Mar

89%

Nov

37 /

Nov

113%

Nov

100%

Jan

1093/4

Jan

118%

Oct
Dec

Sep

118%

Deo

106

Jan

3

Deo

Jan

22% Mar

9

5,406

173/4

1,000

63%

13.90Q

16%

4,900

2034

3,700

9%

1,700

"

4%

Jan

14%

13%

Feb

37%

Jun

57 %

July

Jan

92

Aug

/' 56 :.v

26%

Jan

35

Oct

17

27% July

38%

Deo

393/4 Jan 30

31% Aug
37% May
30% July
27% Feb

18

45y4Jun

27

■;m%-J0. Q

7

44

,

No par
,

Mar

July'11

213/4 Feb
7
160
Jun 14

5

27.

28

May 21
12% Jan 29

26

19
30

Jan

263/4 Jan 16
21" July 10
101
July 26

52

Sep 10

Sep
Sep
Sep
Sep
Oct
13% Nov

May 28

36

lsysSep 19
95% Sep 24
I5y# Oct 29
Feb

16

23% July. 10
105

Nov 22

34'"
43%
47
84%
87 y2
80%
59%

"

44

' Nov 19

142

Jan 11
Jan

62% May 29
107% July 26

5% Oet 10

•

Jan 29

63 % Jun

HViNov 21

pfd
100
—_i—_10 '

(Del)

64%
43 V*

14

45

8.1% Sep; 11/

/

i
.

5
7

22

W/f

20%
•9%

•8?!JSSPS|

>:•:

f

—..i—25
^—ll !>'
Spring & .,Wire
No par
Youngstown Sheet & Tube—NP par t.

Corp

ygunpstp^n Steel Door««—No par
s

Jleplth Radio Corp_
256nitg Products Corp

aaMt./itSpecial sales,

'

331

Deo
Dec

105%

64
Jan
101% Aug
31% Jan

78

Feb

107%

Jan

87 V*

Jan

47%
103

Deo

Dec
Oct

21% Jan
26% Jan

31%

47%

Dec

8%
83%

Jan

18

Dec

Jan

94

30

Jan

6% Mar
16% Mar

/

Deo

Jun

35

Oct

12

Dec

26%

Jun

10% Jan

19% Nov

13% Jan

22

128

/ Deo

Jan

138%

Dec

37 ' T

Nov

29

40%

53%

Deo

13

Nov

Jan

38

Jan

70

79

/.Jan

100

/ 80

,Jan

Feb

4

75

82% Apr
25% Jun

1

Nov

100%

Nov

Jan

110

Nov

69% Mar

84

/

Oct

6

Range for Previous
Year J945
' "

•

Lowest

$ per share

| per share

61% July. 1

Oct

13% Nov

43

Oct

25

106

Oct

377/b May
50% May
45%

10

-/•Lowest/.//.-1:-•/'•'Highest

Young

Jun

22% Jan

May 31

62% May
74
Aug
100
Apr
103
May

10P

Range Since January 1

EXCHANGE

Jun

Jan

72

9

Deo

61 /Dec

30% Jan

106

30

Jan

Deo

17

22

Oct

32%

Dec

3%

14

Aug 20

90% Nov 23
27y* Feb 26
2IV* Nov 22

Yale & Towne. Mfg Co
York

40

115-

41% Jun

$ ffer sharf 6 *

2,200

14%

61

tin receivership.

Dee

113%

63

Shares.

17%




Jr

16%

6

Apr 24
53% 5an 14

36% Nov 22

i/^-lO
6%

1

May

112

Nov 27

100

',

38

andasked prices; bo "tales on this day.

Co

Dec

9

1

1Q1

29 Va Nov 21

—i—Np par

Co

Deo

47%

Jan

95

NEW YORK STOCK
•

<

Dec

101

132 %

10

1

Wyandotte Worsted Co———5

the Weefe

Xl4%

•Bid

Pow

(Wm)

Nov

32

33%

323/4 Jan

May .7

39

Inc—No par

Iron

21%

Jan

Mar

56% Jun

71
Oct 10 /
18 V* Oct 30

5

1

Motors-

"preferred
El

<

STOCKS
:

y• ■ 7;Wednesday
w

,

Aug

90% May 14
13% Jan 16

21Vb Nov 25
343% Nov 22

'
.,

:1

Co

LOW AND HIGH SALE PRICES
Saturday

// Nov. 23

2

Sep 12
Sep 24

26V2 Oct

(F W) Co—;
10
Worthington P & M (Del)
No par
Prior pfd .4% Vo series
^.-l-IOO
Trior pfd 4% % cony series—100
Wright Aeronautical
No par

87

; 97

*82

14%

65

$4.25

1,90Q

54

X53%

87

63. •.
*14%

Wilson

6,900

■mi ?

84

65%

46%

97

*93

67

46

*83%

*85

/

*80

45%

*91%

m:

95

84

40

97

87

>95

Oil

Willys-Overland

Wisconsin

39%

,87

*85

Wilcox

161

39%

45

.40
443/4

,,

87 /.

95

400

11,800

39%

44%
.•53 yy "54

52

*145

161

;

9C

Apr 30

35

il'y* Oct 28

Woolworth

*145

39%

*85

..

.

No par
—---L20

Wilson-Jones Co———

*15%

16

*93

6

9%

13%

40

.

/.

9%

133/a

16

161

6

^2.50
—_Nq par

Corp

*6
9%

..

96 :

*94%
;

6%

Mach

conv preferred—}
Prior:preferred

133/4

9%

,

Sewing

j

Deo

116% Apr 11

/

5% Sep 19
14

„Co—......—±:_—%

9%

7/6-'-.

aJ e

,

9%

Jan

27

No Pa/

(t4

-

U

Deo

50

117% Aug
7
1193/4 May 16
53% Jun 10

8

•

24 V*

Dec

105%

30% Jan

-

119

Nov 29

57

Wheeling & Lake Erie Ry
100
5%% conv preferred——
100
Wheeling Steel Corp___
No par
$5 conv prior! pref-w-——No pat
White Dental Mfg (The S SW—20

30

40%

^

^^->10

preferred

123/4

*29%

V-67""

*99

38

:/ 37//

loo

24%

*83

*80

f

101%

101%

&

'

69

*60

-

102%

30

16%

Oct

-

Preferred serie$ A—
--lOQ
Western Union'Teleg class A_2\To par
Class B
L-C,~-l~lL-„No par
Westinghouse Air Brake
No par
Westinghouse Electric Corp
12 V2
Preferred
—I2y2

123/4

32

51V*
<i

/

30

10

Maryland Ry——___„10P

,23%

85

43%

98

30%
99%

*30%

>

32

-

•39V*

69

102%

37%

90%

30%

*57

69

101%

*31

*29%

*99 V* -99%

101%

♦29%

85

*29

37"

102%

37

30 %

Oct

143/4 Aug

8

■

"

;<

«««>1

Aug

122% Feb

323/4 Nov 22
111% Sep 16

.„100

4% non-cum 2nd preferred
i00
Western Pacnic RR Co coni-No par

900

12%

35

48%

v

343/4

19%

21%

35

vc

*16%

*10%

V

29

*46%

6% / 6 %
17%

...

./

89 Va

Sep 13

113% Oct

100

4%% preferred

28%

28%

35%

6%
343/4

45

106

No par

Western

191/2

48%

*57

69

•57
*101 %

"

pfd

Co

1,000

•10%

21%

*46%

*277/s
99 <•

& Pap

1,700

v

8%

91%

Apr 20
43% July 11

Sep 10
Sep 25
Jan
4

108

«________100

Western Air Lines Inc^.
Western Auto Supply Co

/ 17

li

16 3/4

115

3,500

*34%

Dec

29% Apr

47% Jan 31

29

Electric class A__No par

11%

*15

147/a

\

9% Sep 19
31'% Sep 19
85 ye Sep 30

1

62%

,6%

10

Sep 20
'y;*•

••

5

10

"

31
99%

Inc:

62

17

I:

Jan

5

Sugar Corp

Pulp

Sep

v

233/4 Aug 29
50
Jan 16
30% Jun 14

Nov 15
18y2 Jan 24

110%

~8%

7

183/4 July 19
107% Feb 20

Sep 24

s

Aug

29% Sep

11%

34

»

24

20% Jun

105

20% Oct

preferred

West Va

42

5

West Penn Power 4Vz%

900

20

Jan

Mills

-

39

Jan

293/a Oct

22

7preferred
8%

Sep

13%

30%

Mar 26

24%

61%

743A

28%

35%

35

48

v

20.

64

14

20

11%

*73%

12%

21»/B

22

.

.

,

19%

28%

28%

;

-4

114

■

Indies

21

10

Tobacco

conv

Feb

343/4 Feb

61

?6% :-/;>6%

17%

32%

*28

fe

6%

/?■>:• 6%
*14 7

34

*10%

*110

Jan

Apr 29

35 V* Mar 14

11%

11

11%
60

36%

25% Nov 20
Sep 10

1-,

West Penn

/-' /10

37%

43%

30

20

^

West

.20

■

117

115%
^

37%

.mm.***

5,800

111%
115%

,

if

5

60

10%
59

.

r 115V2

36%

36

114

*100

114

*110

•110/ 114
11 to 11%

*114

112%

*115

*110%

Nov

111

163% Oct 30

^Nopar

Wayne Pump Co——

*111%

%

55-

45%

Co

Motor

400

'

86

xll7/BMarl5
t

Petroleum Corp____'JIL„_5

Wayne Knitting

87%

111%

Jan

3

;

HJLli

common

35%

117

"

111%

1141/8

35%

34%

34%

35%

114

114%

114

115

*115

.

u

54

23 Va Nov 25

;

No par

117%

Deo

11

preferred

*111%

83

t?

$4

*1153/i

Jan

233/4 Jun

9% Oct 30/

300

30%

,57

Deo

"SVzVf preferred.*100

1,200

30%

-

9

Dec

Warner-Bro^ Pictures_^_;_-___i-i-!^5
Warren Fdy & Pipe
No par

*—■800

26

*86%

;

Nov

Nov

*86

3ls/s

t;

124

78

Sep 11
15% Oct 10
Sep
3
Apr 12

34
105

,

preferred

31

87

Deo
Deo

Sep

July

45 V* Jan

56

par

87

*86%

53

"8%
81

,118

/

No par

X30%

21

Mar

59% Jan

10

* •!

Oil & Snowdrift

32%

123% Apr
105
Apr

>

,1.

Dec

Wesson

87

~3%

99% July 10

9

I

Deo

,

45%

173

Webster

31%

108% Aug 23
12% Jan 29

Dec '

Dec

10ft

103

Mar

1,500

*86%

24% Jan

,

145

2,300

31%

15

May 28

May 11

10%

87

Feb

53

ft

36%

"

115

29

86% Mar
90% Jan

Deo

10%

31V*

13% Apr

May 28

Nov

36

35

Dec

165

No par

27%

*34%

17

178

10%

213/a

34%

22% Dec '
50% Nov j'
34% Dec

19

■.-Waiwqrth

20,900

203/a *21
*26

Jan

51% Apr 30

534 Nov 22

_—-_^L__I_^*_lop
Walker (Hiraihl Q & W;nef Nq vat

18,000

.

System

Walgrpgn

60

104

25

Mar

113

Jan

Jan

13

32

Sep

1,700

26%

30

80

21%

30
24

171

34%
1057/a
24 %

19

Oct

8

253/4 Apr

58% Apr
26% Jun

'

100

36

*46%

Dec V

Mar

10%

f.-f

48%

120

36

>,

23% Aug

Mar 29

10%

76%

;,

Apr 29

36%

6%

:;

Nov

52

10%

15 '

"

Deo

170

36

/!

200

178

Deo
.

10

10%

*6%

lift

Mar

Deo

9

Jan

Oct

36

*32%

Feb

25

Jan

9

39

Jan

5%

75%

•r

10

Apr

49%

Sep 24
32% Nov 21

10s/8

60%

Uan

101

37

36

*34%

16

lo

130

10%

•114%

7

18

110% Jan

-

:
n

~

July 25
Anr

63% Sep 20:

5

36

♦111%

r

54 •*

27 y» Feb
2?

Deo

121% Deo

100

(The) class A
Detinning Co
Preferred

Waldorf

'

p

Jan

30

118% Nov

preferred

30%

1

98%

-Jan

11 y» July 22

* Nov 23

100% Oct

Wabash RR^ 4% % preferred._».100

-26%

26%

20%

*26

6%

V

27

24

128
•

41% Nov 23

*85%

/'{

16%

91% Nov 15
36% Sep 12

pfd—100

IOC

*233/4

26

20%

27%

Coke 5%

500

17% •:i83/8.;

26%

27%

26

26%
20%

27%

9%

*)'
?/

Jan

83% Oct 19

No par

Visking Corp

.y h

j v

4%

21

30

-

pr6feredlXll--100

183/4

"103

17%
25

20 %

15

Dec

10

20% Apr

y W ;•

>

H

68

8,40C

117%:

35%

'

Nov

15% Sep

>

pref_^___—___100

Vulcan

3,800

*23%

28%

3C

16%

17%

20%

:

100

11

17%

20%

iff

Dec

8%

31

15% Oct

Virginian R$ Co

1,20Q

10%

23 V*

*27%

39%
35

16%

26

26

400

23%

25

*23%

24%

25%

Va Iron Coal &

/ 140
160

105%

17%

17

*23%

1-jt

Sep
Jan

50%

4

Nov 29

35

5

34%

104

*103%

104

104

105

*104

17%

16%

44%

'""6%"' diy iiartic
Va El & Pow $5

90'/

16%

xld%c

15%

i-;-.

Nov

46

17% Nov 22

—1^100:;

Va-Carolina Chemical

4C

243/4
11 r.

23%

10%

'

Works

preferred

cum

1'8%

r

v

12.50

Chemical

3Vz%

1,300
700

*63

: 106

*105

105%

105

106

*105

•

61

663/4

*145

Chemical

Victor

300

""^119'^.

*34%

i.__No par

5% hon-cum preferred-«-^-_ipo

•

5%. -'5%

*130

of Am

Corp

Vicka'Sfirpv^dt ^ac'Ry—.l—l-TOO 1

100 %

393/4

34%

*60

Vick

40C.

*43

-

*17%

*61

35

93"

1

*83

140

*130

•

'

66 3A

39%

34%

35
140 "

*145

160

.

'119

44

39%

39

*33J/2
*130

140

19%

50f
16,901

100%

88

;■'/

35.%

.,97
-42%/ 42%

68

67%

88

42%

383/4

39%

■*33

140

'

32

17

May 14 / 200% Apr 23

25

Vap Norman
^>_2.50
Van Raaltp Co Jn'c—
^__10
Vertientes-Camaguey Sugar Co^6%

*34

xii9 r; 119

119

*83

88

•83

66%

66%
*118%

118%

2,706

♦85.

•

*

'

)i

Aug

55% Jun

••'.•„■

..

18%

*85
~

42%
42%
101
100%
6 '/
6%

42

102%

102%

"■'-•••

*

Vanadium

18%

93

*85

96

42

*101%

*118% 119

&

187,

1

35%

34

*85

93

96

35

23 V*

Nov 22

105 1:. 82

1,900

v-i8^ >18%:

19%

/ 34

35

*34

93

j!4

91

Highest
* per share

14

V
wviv*/-.

I

No par
——100 '•.

$ per share

y 93/4 Jan 28

Sep
3
Sep 10
19 Y4 Sep 24
8% Jan

share

293/4 Jan

100% Nov 22

.

Year 1945

Lowest

Highest

^

$ per

20% Nov 22
48
Sep
9
4% Sep
9
7% Oct 10

1 1
L_1' i

—

;

$ per share

7
■—L50 vi./ 41

-preferred —L—
Universal Pictures Co Inc__

220

Lowest "
.

2

V 8%

3,900

If?/

83 %

non-cum

ii Universal-Cyclops Steel Corp
Universal Laboratories Inc

'2C

'27%

82

-

No. par
preferred t«;
:__25

United Wall Paper Inc
cum; conv pfd___

28C

1

par

Stockyards Corp_
II
United. St^rv $4.20'non-c :2d pfd_5
$6 conv referred ——_No par

f

8%

; ••

.

v.-^r

18%

i

Range for Previous
Range Since January 1

•

,

,

Co__

v;;:/V

'

'C

J

United

4.80C

20

:8%-

27%

f:

45

*18% '

27%

STOCK

EXCHANGE

%/

-

6.80C
I—

;

103

94

*84 V*

86%

•'

77/a

7%
.*41%

8%

v

YORK

Shares

53/a

»

*96

91%

8%

*198%

26%-

26%

85%

5%"
7%

/,//''

3.40C

48

*

19%

•91

2p3::

NEW

'

*41%

•198V2

/

21%

'*46

•PLP.S,E)P

the Week

share

20%

103

7% ;
7%
45
*41%

93%

STOCK

-

s

V

$ per

EXCHANGE

5%

.7%

-

Nov. 29

8

/

19%
8%'

25%
V

48

*97-

"

\

•

5% /
7%

■

-

:

*91 Vat

:

W*46

•

8

>:

STOCKS;;:

'■

Sales for

Friday
•

$ per share

21

-"7^

%

45

8%

*20%

104%

*97

7%

y;'

.48 ■
5%

5%

V-7%

♦41%
19%

8%

•

*46%

5V4

*./:

7%

45

21%

8%
108

*s%

*97

;7%

21

.

8

8
7%
*98J • 103

"V%

r? *

Nov. 28

$ per share

$ per share

$ per share

Thursday

yi*oy.2t:-

Nay. 26

share

$ per

(l

Wednesday

Tuesday

Monday

Saturday

tilGH SALE PRICES

AND

32% Jan

?

/Highest
S per:share

47%

Deo

21V* Jan

31

13%

Jan

24%

Oct

"15% Oct

30

35% Jan

17

19%

Jan

31%

Deo

57% Sep

2*

39% Jan

70%

Deo

15/

26

83% May 31
31 < Jan 29

20

27% Sep

Nov

Mar

No par

34% July

——_1

; 8% jmi

vdWhan distributed.

x-Kx-diridendB

yRx-rlghts

44

Deo

»'

"irn/AWt'i /

,J

COMMERCIAL'&1P1NANCIAL (JHRdllicaLE

THE

Transactions at the New York Curb

Transactions at the New York Stock Exchange
Railroad
and Miscel

Number of
Week Ended Nov. 29, 1946

Saturday—-.—
Monday-^

Shares

.

\

1,072,130

2f,613,070

Thursday——

'

'2,759,000
3,555,000"
4,577,000

5,699,000

786,860
1 081 $65

Wedne^day^^—

$128,000
279,000

1

' $2,316,000

624,180

,
—

Stocks

United States Total
Government Bond
Bonds*
Sale*
—"
!
$2,444,000
$40,000 >' 3,078,000

Foreign
Bonds

Bonds

228,000

368,000

'

r

29,1946

Government

201,195

$2,000
27,000

$125,000

259,025

118,000

304,530

235,000

363,225

163,000

277,901

.

Wednesday.

ITbrgdayii,
iftSday—

,*

,, ,

155,000

V

24,000

13,000

$2f000
1,000

147,000

-

L.

$1,268,000

$18,906,000

4,578,205

J

1945

>•

$20,246,000

$72,000

[f

Holiday

v
...

Total

1,405,876

176,000

--

'

•;

30,000

* 185,000

—•

$796,000

Week Ended Nov. 29
.

4,578,205

Stocks—No. of shares.

343,412,844

333,406,740

9,479,231

.

|Dtdck^Nd.o£ shares.

Bonds

$72,000

Foreign

CO. 2,795,000

18,906,000

Railroad & Industrial.

.I,

mm,

•

'

".nt ^

w

73,607,400

1,405,876

1945

5,821,120

Domestic!.,——.^

96,796,160

v

1,142,122,700

38,888,300

Foreign government.

2,016,394,500

Foreign corporate-.-,.

*'V ."'1/

n

$41,730,300 $1,234,531,600 $2,120,554,410

$20,246,000

Total..

■

.1946

Bonds

$7,363,750

$18,801,500

$47,000

1,268,000

tr.S, Government—!

Total

Stock and Bond

—

Averages

Below are the daily closing averages of representative stocks and bonda
listed

on

the New York Stock Exchange as tt>mpiled by Dow, Jones & Co.
'

Stocks

i:-

.Bonds'

i

'
'

■!

o'.;

30 i

20

Indus-

November 25-—-

;

TJtill-

Rail-

trials

roads

165.10

Date—
November 23—!_

48.19

10'

'

|

ITotal

15

;

65

10
Indus-

,

First

10
Second

Graded Grade

10

Utili-

Total
40

ties

Stocks

trials

Ralls

Rails

ties

Bonds

34.55

60.41'

103.50

109.70

90.25

107.01

102.61
102.52
102.46

>

34.39

60.30

r

165.23

47.80

109.32

90.15

107.10

166.94

48.51

34.77

60.98

103.48

109.21

90.11

107.05

November 27—168.34

48.90

35.10

61.49

103.56

109.47

90.14

107.01

102.54

35.45

62.14

103.55

106.99

102.70

November 26—

„•

November 28—

November 29——

•

-

103.51

;

Holiday
169.78

Holiday

49.68 :

riflUAT

VVLCiULT

-

-

,

109.72

90.54

TLAIfLI

NOTICE—Prices arei "and interest"—except for income and defaulted bonds.
C&sh and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
tne week, 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 oomputlng the range, for the year.
The italic letters in the column headed "Interest Period" indicate in eachCftietfier month when (the bonds mature, <
'<>»- '
'
t C:
"i
■;
-T;
»!!■■■
^
,.-v,

glknres after decimal point represent

!•". '■

'

;

Saturday
'• Nov. 23

Monday

one

or

mole 82d of

a

of

poinU

Range for Previous
Year 1945

Friday

Nov. 25

Nov; 29

<

Highest

Low

High

Low

High

Low

*103.3

103.5

*103.3

103.5

*103.1

103.3

*106.17

106.19

*106.16

106.18

*106.15

106.17

♦108.24

108.26

*108.23

108.25

*108.20

1 08.22

111

Nov

111.27 Apr

*111.19

111.21

*111.15

111.17

*111.12

111.14

*102.17

102.19

*102.15

102.17

*102.14

102.16

112.17 Aug
105.14 Jun

1 114.25 Dec
106.11 Mar

*107.8

107.10

*107.7

107.9

*107.4

107.6

108.27 Aug

*112.1

112.3

*112.29

112.31

*111.22

111.24

112.10 Jan

♦112.16

112.18

112.21 Jan

*114.3

114.5

113.2

Lowest

High

"

106.13 Nov

;

109.24 Mar

110.15 Mar
113.20 Nov
k-?

r

*102.31 J.03.1 ,
*104.16 104.18

,*10541 105.13
*104-18 104-20
.*106.7
106.9
*104.6

104.8

*103.22

1 03.24

*i03.9

103.11

*103.7

103.9

*103.6103.8

,*103.5 r 103.7
*l01.3O 102
*104.28

104.30

'*101.30 10^^
*105.11

105.13

*103.12

103.14

*106.22

*102
*102.6

1(12,2 f
102*8.1

*102.9

102.1!H-«-*l02.9

*102.8

.
•

102.10

*102.8

^

102.13

>6402.6

■

-

'■<

■

102.2-4 j*lQ% ^102.2
102.8

302.11
102.10
:■

-

*102:5

'•

*102.8

,102.10

r?;.

*102.12

*102.12

102.14.':

*102.12

102.14

*102.1T 102.13

*102.16

102.18

*102.15

102.17

:*i02.17;'402.19

*102.13

102.15

102.14

102.14

*102.1^^2.14

102.16

*102.13

*105.2 :105.4
*101.2

and

101.4

*100.31
B,d

■

102.7-

102.13

•102.14

101.1

asked

price.




102.14

*102.12

102.14

*102.9

102.11

*102.9

.

,

102.11

*102.14

102.16

*102.10 102.12

:

1

102-.1&"*102t13~102,15

*105.1
;

104.15

^102;10

*102.8

106.24

*104.13

*102.11' 102.-13

'

r?i04;3rmi:::

*101.1

101.3

*100.31

10Lt.,..t 100.30.J01-.

No sales transacted

*101.1

this

day

101.3

a

*101

Odd lot

101.2

,,,*100.23.100 31..

transaction

?
i

'

.

Jari.l to Nov.29
1946
1945

Week Ended Nov. 29

1946

;

;

'260,000

.

Total!

1'■

$127,000

■

'

'

k,

Total

Corporate'

"

'

(Tuesday

v

-

.

Foreign

Foreign
Domestic

Shares)

Saturday•
'
Monday--.—,,

6,067,000

——

Bonds (Par Value}

of
Week Ended N6b.

•

4,807,000

-

"

Holiday

(Number

3,850,000

30,000
2,000

265,000

——-

Exchange

Daily, Weekly and

Daily, Weekly and Yearly
Stocks,

Monday, "December 2; 1946

Jan

"

113.30 Oct
116.16 Deo

Volume 164

Number 4547,
i-tVCj"' i'"

/-

'

,

THE COMMERCIAL & FINANCIAL CHRONICLE

^

2849

-vfv'!'■;'>>>}

NEW YORK BOND RECORD
RANGE FOR WEEK ENDING

'

BONDS
New

York

Stock

:

Exchange

'f..'

.'.Friday

Week's Ranee

Interest

' Last

Period

Bale Price

or

BONDS

Friday's

Sold

High

January 1

No.

-

•

Colombia

(Republic

113%

.

113% 114%

38

.

A6s

113%125%

>-

y

-

3a

of

Oct 1961

1927

external

▲Colombia

$

Mtge

bonds

Bank

6%s

1947.

1952

REctor 2-2300

York

Stock

J-D

1953

120 ; Broadway,

t

1949

Czechoslovakia (Rep of) 8s ser A.1951

AGtd sink fund 6s
▲Qtd sink fund 6s--__

1947

P-A

.1948

A-O
m-a

IAAntiquia

(Dept) coll 7s A

iAExternal
i A External

▲Exterial

s

▲External

sec •

21%

mm

A-O

*21%

r

24

87%

,21%

21%
r/: 'mm; f;

"

r

21%

18

A-O

18

.is
18

4- ■#

J-D

(Commonw'lth) 5s of '25.1955

J-J

ioi

;
= '*
33 •;#;

v

;

External

5s of

1927

.1957

1949

st-s

106

106

1955

102%

j-j

;

5«',V

mm

•

i' ;

V 40-

.

106%

103%

#

1978

J

J-D

64

62

64

?

A-P

69.

69

A-O

.61;

69

61

37
«

.

a-o

Sim

64--.

•

Stamped pursuant to Plan A

; l

88

:',y;

A-O

1952

J-D

•54

; ; 62%

■

::

*68

V'u-rA;

;•

58
..

:

.

.

*

—

•

63

36

65

(Int reduced to 3.375%)— .1979
External $ bonds of 1944 (Plan
B)—
3%s Series No. 1
3%s Series No. 2

A-O

-55

53%

--■

55

63%

65;

65

•63%

—

;

65%

63

65,

62

65%

65

•62%

„

3%s

Series

No.

9

*82

Series

No.

10.

:

No.

Series

No.

12

Series

No.

Series No.
Series

No.

15

3%s

Series

No.

16
17

11

61%

-

•60

3%s

Series

No.

33/4S

Series

No.

Series

No.

20__

3%s Series

No.

21—

33/4S

Series

No.

22

3%s

Series

No.

23

%
65%,
64%

Series

No.

18

,,

Series

33/4S

No.

55 ya

55%-

*61

55

60

~5

62

62

62

1

1

56

65

,

65%
65

66

54%

*61

55

65

63

56%

•61

69

55 V*

?

(Rep)

A 78

:

Af-S

100% 101%

6

—.—1958

F- A

101% 101 %

11

——1950

J-D

102

MS

1977

m-a

1976

'I

,1—1961

ARy external

■:>

J

.

A6s

v;:

AGs

95y«

98%

—I960

•

X

1961;

-1957

;

1961

■

14

-

2i%;.*

37

18

18%

7

17%

18 Va

140

#17%; 17%

17

s

f 6s 1st

"17%:
17%

J-D

1960

ser

18*

M-S

35

A-O

30

3

w

•

AN*t loan extl a X 6s 2d ser—1961
y ^
J ,/ .C,;
V'V'

=

;

21%

6S..;..,.«..^94Q;

(Rep of) gold

AiMzs assented^—
1958
▲Stabilization loan s X 7s...1947
assented.—^
1968
,

•

AExternal sink fund gold 8s..—1950

20-

20

A-O
A-O

17%

'

74 y*

•

19

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NOVEMBER 29

.50 Broad St,.New York
Telephone HAnover 2^0050

v .i»

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■

42 =■

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2850

THE COMMERCIAL & FINANCIAL CHRONICLE ;<

Monday, Decefriber 2j l946

NEW YORK BOND RECORD
''

Vv'feAklUbB WElkk. k^fbiNG ^bviEMBER\29'A.;Zr^::l
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_

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--

BONDS

Friday

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Last

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or

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Friday's

California Elec Power 1st
M3s„._
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3y8S___
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53

»-

registered—^007

A General. 4s„;.

-S

'

e

•

1959

gen gold 5s_

A5s

101% 105%
73
90 ;

3

95

51%

107

102 %

27
■

,,,,

r84 7:

14

eold 4s__l951

JACept New Eng iat gtd
t A Central of N J

77

(Kingdom)—:

extl

sec

of)
assented

A External

85

1

B

(Frov

A4%s

71%

*66

61

.

(Int reduced to 3.5%)J^—1978
Serbs Croats &
Slovenes
A 8s secured
external

5%

49%

*40

;

92%
-

103% 121
107% 109
77%
91

22,

•

Central Illinois Light av>«

:

.

j-J

53 1

1959

Div 1st j;old fis—■

'

Stamped pursuant to Plan A ;
(Int reduced to 2%)—2012
{ASecured 8 f 7s——l1940

1945

Ry—
SAlst mtge 5s^...i,i.i£NoVlb45

A

2.25%)

A6s extl dollar loan

'**»«#;

}

82

116%

■'?

101% 101%

1

82

123%

111%

82

103% 104%

103%

1948

117%

7 ...

107% 107%
*80

1965

? ^ gold 4s
Georgia

124

5

104% 105%
.;

I960

U

;'

105%

_1965

119

118%

112% 112%

Hl981

Corp 3s debs
Celotex Corp 3y4s debs

71

■

ASilesia

112% Z

118

114

■

f 117%.118

118

125%

113%

4

114

>

*118% 119%

4'/2s

Carolina Clinch & Ohio 4s
Cart 8s Adlr 1st gtd
gold 4s

'

63

;

114

'

108

3

113% 113%

Can Pac Ry 4 % deb stk
perpetuaL.—

Z

*55

Stamped pursuant to Plan A
(Int reduced to 2.5%)——1999

(Int

43

*50

j-j

A8s external

:

45

36

—

.

125

118%

wm

109%

*118% 119y2
..."

105

109%

: 106

*108

Guaranteed gold 4%s—

48

36

oV'.V

36%

gold

Ce anese

(State) 8s
1936
Stamped pursuant to Plan A.\
7/
(Int reduced to 2.5%)
...1999

:

#

--

«

(ASan Paulo
.

40

40

pursuant to Plan

(Int reduced to 2%)———2012

105 %

4

103% 103%
;

gold 4%s—.——.

Guaranteed

pursuant to Plan A

V&t'.

103%

1-310

Week's

Interest

7 *

100

;

/Bell Teletype—NY

;.

•

104

V

'

V

New York 6

56%

107%
85Vi 106

PFLUGFELDERj: BAMPTON & RUST
•

58

30%
104

103 %

43%

••

50

/.

102

MM

106

151%

"

•••:,<

:

3%s-4-4%% ($ bonds

■V

External

'■/

v-:

of 1937)—"

j-b

v97%->97%

4-4%-4%s extl readjustment

F-A

100

A4%s

M-N

1978

3%s extl readjustment

AWarsaw

1984

1958

F-A

•*'

.;

F-A

'

external 7s_•
assented

96

,

j-j

1958

(City)

i'i

+<■

-

—

.

,96

:

.

General gold 4%s
.A

i 5

.

89

12

\v

13

'f'-'p

83

91

18

13

:

i 2d
Consol gold
t A Chicago 8s Alton RR ref 3s_

100

90"

"2 z

19

:

99%

86

•

1
■; 'ivte'.

21%

General 4s
1st JSs ref 4%s

Alabama Great Southern: 3
%s.i..1967
Alabama Power 1st mtge 3 Vis
1972
Albany 8s Susquehanna rr 4y2s__1975

1st

1998
„___1956

^

debs

conv

,w

Also
-

1201 125""
'99% 100%
100% * ,100 ,106%

125"

1969

Anglo-Chilean

107%

100
97

114%

103% 104

102% 105%

104%

104Mrl05

103% 107%

Nitrate deb.^—i&67

—;

*98%

Atlanta

.

1st

?
,

8c

'Charlotte

Air

Ry-^
M-N

July .1952

M-B

General unified 4y2s A
Atlantic 8s Danville Ry 1st 4s
Second mortgage 4s

Atlantic

Refining

.1964
1948

.1948

2%s debs

1966

Baltimore 8c Ohio RR—
1st mtge gold 4s
July 1948
Stamped modified bonds—
1st

mtge gold (int at 4% to
Oct 1 1946) due—
July
Ref & gen ser A (Int at 1% to

'

Dec

-

1

1946)

Ref 8s gen
^
;

/

ser

due
C

i
1948
<.

(Int at iy8%

Ref 8s gen ser D (Int
Sep 1 1946) due

*105%

■■H-i:

104% 107

—

m

22

-35

37

35
29

38%

is

161

105%

29

*108% 101%

'0:M B

A Con v

94%

94%

94

7. r

•

95

J-H

94

v66y2

J-D

94

48

.

95

63%

c

66%

77

78%

M-S

M-S

65%

30

94

1950

Toledo Cin Div ref 4s A

1959

59

99

78%

65

1®

65%

64%

70% 103

55

66V2

48%

m

tt

51%

*92%

"J

•-Ho.Z'*r:

Stt:;;91%

33

58
V>'' *«'• -A

243

Beech Creek Extension 1st 3y28

1951

42%

1960

A-O

93

96

*28 %

'

96

128% 128%

Zi:'

v.,7-..
1967

s

f

MS

-

..

'

1

uX

e.-JZ-

•

*92

■

105

ret

8s

v'l-

■

,f '

mm

99

J-

67% ;.92%
43

*4
Jri

^

.

J-J

103%

J-J

M-S

..

*35

1950

F-A

M-N
J-J

106

100%

100%
;

50

84%

39

42.

1' /:

106%

100% 100%
101% 101%

3
.

3

>

12

:

6

*03^T03%

lli.% U3%

2

111% 111%'

63

62.
100
102% 107%

29

102%
a99%

—

J-D

General 5s

Ref &

MTi

81

lp7%
.99%
,108%^

St

series

-3.Mt*■

-i

^^_.r1993
.1977

Ml Div

.&

1st

Jrl

,L Div 1st coll. tr gold .4s_:
.

3

85

,98
119,

J-D

4s_T—..1991

B.

J-j

impt 4y2s, series E—

J-j

—....1950

A-O
A-O

1st

s f
ps series B" gtd...,^>--1973
is f 4%s series C_
.———1977

Colorado & Southern Ry— /
4%s (stamped modified)

Columbia Gas

& Elec

3yBS

A-O

107 Ya
106%

105%

>

4s__l948

'A-O

3'AS—.1970

vF-X

12

1st mtge 3s series

L—4^.——1977

106%

Consolidated

101%

106 Ya

Consolidated Edison of New

Cigar

Corp

3y4S——1965
York—:.

46

;

'19

r

.

i'w

107

3%s

debentures..

100%

3%s

debentures..:

101%

106%

3%s debentures

!

110

*102% 104%

* A-O
A-O

100%

100% 101

1956

A-O

102

102

J-J

'2

107% 107%

102%.

"v

103

111%:
116

'•

HI

105%' 107 y«

i05l/2

V7
ioi% 104%
100%

".
A"

104% 104%

84%
106%

lo'" 106% 110

*106

J-J

r

^._._.._1958

116

;

107%:

.1——1948

107 y«

99%

45%

102 y4 103%
105 '

mm

; 108%.

F-A
;

119 C
104,
108%
104%. 108% /

I

9

;;*U5%':

F-A

Conn Ry & L 1st 8c ref 4%s——1951
Conn River Powr s f 3%s A——1961

£■

116%'

105%

TO

106% 106%

105% 106.

'MS

El

110%

i06%

103

107%

,

,

MS

1st extl 4s.———1955

Columbus & H V 1st extl gold
8s Tol

*107% lid ;
106.
107%/

52%
56
103% 103%
*104%.;

M-N

—.1980
debs...1971

93%
110.%

/

:*r

A-O

.1972

V2T 100,

107%

;F-A

l96i

3%s gtd.—.

Short Line lSJt gtd 4%s
CleVe Union Term gtd 5Vis—

i*'

up m

74

I i'\

■>'/

*

121

95

2

M-N

CleVe

72

1

M-N

1990

Illujn 3s__.^--i—1970

105 y»
.

-

Ry—

103% 105%

lbl%

70

42%

\

69%

M-N

—

112 Ve

1P5,
107%
42% ,63

..

;

*46'/a

,

,,

106%

*106

MS
AT-N

99%
v

84

103% 103%

6„

*46%
^

Commonwealth Edison Co—'

M-N

104

102% 108ya

rm 105 %

105 % 105 Ve

-j,

A-0

108%

9

8

1

105% 106.y8

105 %

A-O

Cleve Cin Chic 8s. St Louis
General gol^ 4s_^

104

F-A

.„

103% "104

'

105%

104%

105%

97

'

83% 107%
83
100

-.

.85

lb§ ;^)5%:

1P$%

J-j

1975
,

Cleveland. Elec

100

60 Va

?83

J-D

Columbus

58%

101%

G

Columbus 8s Sou Ohio

60

fsb; 'JM

.

-,r-„

103

106

,r

T-A

ser

106%

M-N

81

39%
110.

98%

Cleveland 8s Pittsburgh RR;
^
Series C 3%s gtd..
———1948

2V<3 :/>£;;,

86%

72%

...

100%

111%

106%

85%

106%

38V4

103,

109

86%

71

53 y8

64

A-O

102%

J-J

107

O

4

1969
.1^...—1974

100

1947




.

98y4

60

185

r:/

F-A

1st

1

107 Va
96%

774%
48

191

1st mtge gtd 3%s series E—

100

107

58
110 V*

104% 105%

39
186 «

—.1994

104

>'

*92

1966

2853.

2%-4%s

•

*95

1969

M

%

MS
A-O

80

98%

——1951

104%

127% 133%

17

V
J

/Vi

99

1960

page

w

'

A

31

1

1952

—

Memphis Div 1st gold 4s

Cin Wab

95%

iooy8 100%

1961

Gen mtge 2%s
1976
Buffalo Niagara El 1st
mtge 2%s_1975
see

100%

1955

debentures

For footnotes

;

99
.".

J-J

AInc mtge 4y2s ser A
,.July 1970
tABoston 8c N Y Air L 1st 4s
1955

4a

M-N

1970

1

57

52
■•V

1st 8s ref 4 %s series D....
.—1962
18 AChilds Co deb 5s part paid..
1943

88 Y*

95

Tr

"v1,-fZ','j
'A

83

i

90

c

P9%;

RR—

89

2l

*97% 100

>

■

1st gold 4%s series J J
1st mtge 4s series RR

34 /I

1983

2003

.

1()3

A-O

Bell Telephone of Pa 5s series C

Boston 8s Maine 1st 5s A C
1st M 5s series II

38

98%
96%

$o4

91%

93

J-J

...1961'

84%

14

ui.956

City Ice & Fuel 2%s. debs
__^_^1966
City Investing Co 4s debs.n.T..—+1961

Tj

58
•

94% '

,90%

J-J

1951

Bethlehem Steel Corp—
Cons mtge 2%s ser I

14

49%

471/4

V >
2nd ,mtge-conv Inc 4%s_Jan 11999
1st mtge 3s ser B
1989

Series D

1951

Bklyn Edison cons M 3y«s
Bklyn Union El 1st gold 5s
Bklyn Union Gas 6s series

A

Paul 8c Pac

146

1

•85% ;- 86

Income 2%-4%st_.
1994
Chicago Union Station—
.
J
1st mtge 3 Vos series F—.1963
1st mtge 27/as ser G
1963
Chic & West Indiana conv 4S——1952

/

3;4s

Beneficial Indus Loan 2%s

--

w,

A

ser

88

104%
144

94%

■

Chicago Terre Haute 8s S'eastern Ry

/

J2t^

Con ref 4s

stamped

36%

101%

;'

Bangor 8s Aroostook RR—
;

ser

Cine Gas 8s Elec lst.mtge 2%s
Cincinnati Union Terminal—
"

105

207

'1

F-A

Pgh L E & W Va System—

to Jan 1 1947) due

107%

"

2000

Ref gold 4s extended to
1951
S'west Dlv 1st M (int at 3%%

84

140

140

1st, mtge 2 %s

A-O

to,iV#

Feb 11860

t>

SADebentures 5s part paid
1957
lAChoctaw Ok 8s Gulf cons 5s—_ 1952

...1996

due

4s inc

mtge

Milw St

1st

f;:

A-O

Ref 8s gen ser F (int at 1% to

Sep, i;i946) due

'

41
84%

19%

49

1

29

103;
113 ;
'101% 118%

6

38%

■

/'/.

Z ^

.

103%

38/

96

i960

^

104% 1047/8
104
"X04V«

#

J-D

'
1995

at 1%

'

99% 106

«

Chicago St L 8s New Orleans 5s
1951
Gold 3%s»..
...1951

i

;_1995

to Dec 1 1946) due

f

8 ASecured 4%s series A
A Conv gold. 4%s

1946

Line

•?; ^

119%

109

■>;

4s_—^
.—.—1988
A Certificates of deposit
IA Refunding gold. 4s
..1934

July 11995

4s

,

5

AGeneral

1963

cons

64%

109% 1194

35

tSAChicago Railways 1st 5s stpd
^
25% partial redemption—._._1927
} Chicago Rock Island 8c Pacific Ry—A

.duly 11995

mortgage 3%s

Atlantic Coast 1st

^

'

104

94

Atchison Topeka 8s Santa Fe—•
\u
7
General, 4s————.1995
Atl Knox & Nor 1st
gold 5s

,

Chicago 8s North Western Ry—

7

'92% 100

——

135%

31

97%

1st.mtge 4S set AioOa•
Gen mtge 4 %s inc ser A Jan 1 2019
4%s conv Inc ser B
Jan. 1 2044

l6p%

109

97

103%
*

Ann Arbor 1st gold
4s..—.^.1995

Adjustment gold 4s
Stamped 4s

.

mtge 4% inc

A2d

Chic

107%

98%

110% 114%

97

126

7 v

101;,

38%

•

1985

Chicago Ind & Sou 50-year 4s

159%

99%

.

114%

1962

debentures

3s
a

118%

100%

7—___.1961

Amer Tobacco Co deb 3s

vJ,

■

....——..1986

i___.

971/2

1997

B

ser

L

f Chicago Ind & Louisville Ry—'

2030

2%s debentures
1980
\2%s debentures——1975
2%s debentures
2%s

mtge inc (conv)..

mtge 3%s

;' 'V.

1956

.;

326

Hit 111%

101

Chicago 8s Erie 1st .'gold 5s
i
1982
Chicago Gt West 1st 4s series A
1988
AGen inc mtge/4%a--~—Jan 12038

American Telephone &
Telegraph Co.—
3s conv debentures

'

tf

;

113% 114

1970

A Gen

1947

West 1st gtd 4s

107 y*
104% 107%

124

39 /"■ 41/4

1985

mtge 2%s
Chicago & Eastern 111 rr— <'u.

1948

Allls-Chalmers Mfg 2s debs
Am &
Foreign Pow deb 5s

#123

r,^,1958:
series B
o._
1977

1st 8s ref

■

Alleghany &

138%

«i26

1949

1st & ref mtge 3%s

K

Adams Express coll tr
gold 4s
Coll trust 4s of 1907

105

20

•

Chicago Burlington 8s Quincy.RR— /

18

7%

136

11

105% 106%

138

IQBft

,

6

105 y« 106%

1992

Ref &4mpt mtge 3%s D
1996
Ref 8s impt m 3%s series
e—..1996
R 8s A Div 1st cons gold 4s__
1989

99%

"s7'V- loo

A"-5

100

*98

;•

£ 19

86%

48

95%

95%

M-N

External conversion
1979
37/e-4y8 4 As extl conv_——1978

'

'•

jj...

,

readjustment——.1971

12

;

103

104%

106% /

.Volume 164

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4547

NEW YORK BOND RECORD
"

FOR' WEEK ENDING NOVEMBER 89

BON D
New York

a;,

Stock Exchange

Friday

,

Interest

Last

Period

Sale Price

Low

tAConsol
A

Ry

deb

non-conv

Debenture

4s__.1954

4s

1955

Friday

BUNDS

Week's Range
or Friday's
Bid & Asked.

Bonds

.

vJ-jA 'A

Illinois Terminal Ry 4s ser

J-J

:"

*36

—

—■

■

76

33

Ind 111 & Iowa

•

.1970
1950

A

1st gold 4s

J-J

or

Belt Prios

Period

High

LOW

Week's Rsoo

Lest

Interest

Exehufi

January 1

tfOi

High

Stock

York

New

Range SInee

Sold-

-t

''

:r'100

Friday's

Bonds

Bid & Asked
Low

.

High

-'i 100

January 1

•

—

; 106%

95

a

104'/a

High

Low

No.

100
>■;

Range Since

Sold

'

•

106'

104

.

'

•

ADebenture- 4s
Consumers Power 1st
Continental

Baking

tACuba Northern Ry

ADeposit

.>1956

.

mtge

3s

2%s—1975

debs

j-j

V

M-5

,.1965

J-/

1942

103% 104

1

J-D

1st 5%s

>102% 103%
r

"

50

—>--1952

103%

50%

>83%

J-J

86%

ADeposit receipts
*
A7%s ser A deposit rets———1946
A 6s ser B
deposit rets
1946

108%

101%

70

*59%

receipts

ACuba RR 1st 5a gold

i

?:

106

61

46

52

'80

8
—

Indianapolis Union Ry Co—
Ref & imp 2%s ser C
—&
1986
Inland Steel 1st mtge 3s series F..1961
^International Great Northern RR—
Alst 6s series A.-—1952

75

36

■■

—

55%

>

86

53V»

43

5

Alst 5s series B

48%

43

:

53

1975

N Y

Lack

Lack

1st

&

&

&

ref

West

RR

104

106%

94%

95

Jones

85%
102 'A

105

102%

105'A

107%

109%

87%
*102 :

Central Pow & St 2%s.
3'As—

Jersey

107%

104

102%

87%
102%

102% 103%

James Frankl & Clear 1st 4s—

*103%

& Laughlin Steel

Co—

Western div

M

5s

ser

,C———1973

AIncome mtge due—
Mbrris & Essex division.
Coll tr 4-6s

Delaware

Cent Amer 1st 5s B—i—.1972

102% 102%

1965

Deere & Co. 2%s
debs————1965
Delaware & Hudson 4s extended—1963

Delaware,

>1956

L.

& Alst gold 5s series C
1956
SAInternat Hydro El deb 6s.—-1944
Int Rys

Dayton Pr & Lt 1st mtge 2%s
Dayton Union Ry 3Y4S series B

97'A
107%

AAdJustment -6s series A—July 1952

40

17

96%
105'A

—19931
Kanawha & Mich 1st

.—May 12042

Power

&

Light

3s

47

1973

a Certificates

1936

;

A Assented
ARef & impt 5s series B;

deposit.—:

.

——-——

1978
1965

Plain

108

108

108

108%

106'/a

109

106% 107%

—

108
*

-

107%

106%

110'A

106%

109

Det Tol & Ironton RR 2% ser B..1976
tSADul Sou Shore & Atl gold 5s__1937

Duquesne Light 1st M 3s

1965

65

°6o

gold 4s_1995
A Second gold 4s
—-—1995
Detroit.Term & Tunnel 4%s
1961

*50%

91 %

32%

•

105%

108

72

108%

.

112:.

112

1st mtge 3s

98%

33

65%

1997

53%

92%

123 %

120'A

92%

.

tAKreuger & Toll 5s ctfs

75

•

45%

32%

92%.;

Kings County El L & P 6s
Koppers Co

110%

*__
*

57

64

107%

122

1961
1997
1964
1959

4%s

109%

104 :i;*.

——1961

———

unguaranteed

105

99%

ser

Lake Sh & Mich Sou gold 3%s.

Gen & ref mtge 3%s series
G—1966
Gen & ref 3s series H
-1970
Detroit & Mackinac 1st lien

107'A

104%

1950

A.———1975
Kansas City Terminal Ry 2%s
1974
Kentucky Central gold 4s
—1987
Kentucky & Ind Term 4%s
1961
Stamped
—1961

,

Detroit Edison 4s series F__

1st mtge 4s

■

tDenver & Rio Grande Western RR—
A General s t
Ss.^.——«-—1955

>f-

of

Kansas City Southern Ry 1st 3s

1936

<4.85%
70'/a
83'A
71

1936

§ A Refunding gtd 4s

IDenver & Rio Grande RR—
8Alst consol 4s
8AConsol goid 4%S

gtd gold 4s__1990

Fort Scott & Mem Ry—

Kansas City

107%

32

105% 106%

54

104%

106 7/a

115%
115 y«

3%s registered————1997
Lautaro Nitrate Co Ltd—

1st 5s

1956

gold 5s

1995

Electric

Auto-Lite 2'As debs
Elgin Joliet & East Ry 3 'AS—
El Paso Sf 8 W 1st Ssl——
5s

stamped

120'A 120%

-1965

155

157 •"

101%

102;

102%

105

105

106%

112% 113

1950

111

127%

112"

124'%

*101

-1970

,

105

.

112%

—1963

Lehigh Coal & Navigation Co—
S F mtge 3%s ser A.

120% 122%

*155

*111

Erie Railroad Co—

inc 4%s series A
mtge 3%s ser E

mtge

1st cons

Ohio

Div

1st

103"

1990

*100

i

5s-

;

5s

106%

95%

106

>f

"91%

106

?

100%

100%

t

1971

106

106V4

%

Leh Val Harbor Term gtd

93

38'A

-

i

ACertificates of depositFrancisco Sugar coll truBt 6s_.

.

.

Long Island unified
Guaranteed

Berg Co cons 5s
1949
Realty & Utilities Corp—

A4s conv inc debs

Goodrich

71.

1969

General

4%s series D—
Gen mtge 3'As ser N—

116%
—

116 V2 117

*

•: i

1990

mtge 3'As

ser

O

mtge 2%s

ser

P

1982

mtge 2%s

ser

Q

2010

—V

Gen mtge 2'As ser R

1961

-

129%

140%

96%

99%

107

101

,99
94%

114

114

1037/a
104
114

Atl Knox & Cine Div 4s

*95%

95%

87'A
96%

.

,

88

86-

96%

95%

|

!

Maine Central RR 4'/2s ser A
1st mtge

.

& coll 4s ser B

105

1975

100

2015

—

1st mtge 3s
^1966
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain 5%S-a„1950
JgAMet West Side El (Chic) 4S..1938
Michigan CentralJack Lans & Sag 3%s
1951

107'A

98

104'A
104

,

98% 101%

1976

Hackensack Water lst< mtge 2%s..l976
Hocking Valley Ry 1st 4V2s
1999
t§AHousatonic Ry cons gold 5s
1937
Household Finance

Corp -2%s

99% "104

gold 3%S

—

1952

—

150

100

104%

Hudson Co Gas 1st gold 5s
1949
Hudson & Manhattan 1st 5s A——1957

109%

AAdj income 5a

;

98% il04 %
75%

s

94

113%

f

|

I
I

56%

80% ?;

21%

--——Feb 1957'

&

Minn St Paul-& Sault Ste MarJe—

135%

1970

f 5s series A—1962

45

>100%

—

96

—

109% 109%

.55..

\

.

.

55

v

4'As inc ser A_
Jan 1971
inc ser A—Jan 1991

1st mtge

AGen mtge 4s

Missouri-Kansas-Texas RR—
Prior lien 5s series A
•

lien

Prior

4'As

1962

1962

4s series B

40-year

>

series D_ ..———19 7 8

adjust 5s series A—Jan 1967

Telep 2%s series A—1981

Central RR—

Alst

1st

gold 481
1st gold 3'As-

1951.

trust

gold

4

Cairo

1955
1952

101

;

1951

"91% 108
88

:

99

:;?106

4
' i
;?

88

r.

104

%'?. 1

93

: 108%

99%

99%

76% :;75*-'

72%

107% 107%

106

*99

102

*97%

.

*95'A
-

107

102

"

—v

*99 %

107%

I

102 Va

:•

>

Constr

M

5s series .A
series B—

Constr M 4'As

Mountain States Tel & Tel

Mutual Fuel Gas 1st gtd

103

|

93 'A

102%
106'A

66%

103
H
102%

72

♦105%
*102

-

69%

1955

6iya

..1955
2%s_..1986

,59

100

102%

103%

55

69%
62%
105

103

4.
f

74%

t

89'A.

s

,

*98'A*:98%
♦

5s.—1947

94

105% 106%: f;

—

103 'A

*103'A 103%
~"58-

1.

.63%

58'A

83% (i

98%

102'A;,

'

103%, 103%

..

103%

A

»:

97

i

it

46%;

65%

gtd .bold 4s—199 X

I

v«

14%

Monon^ahela: Ry 3'As series B-1..1966
Montreal Tramways 5s ext^__
—v.1951
Morrell (John)' & Co 3te debSj
.1958"
Morris & Essex 1st gtd 3'AS.
2000

1

64'A
103

■68-

gold 5'As
——1949
A 1st & ref gold 5s series H
r1980
Alst & ret 5s series Ii——
1981-

Moh'k & Malone 1st

102%: |

f

*100'A

1951

*

93%

—

*98'A 102

1951

Western

97%

97%'106

*93

Springfield Div 1st gold 3%s

!

23%

85% 103

1977
1978

series F

A Conv

.

100%/104% 4

*94 ' : 104

1966

Bridge gold 4s——-——..1950

Gold 3%s

101;

ref 5s

&

—1975

Alst & ref.5s series G
j

95%

95%

1953

Litchfield Div 1st gold 3s
,-.1951
,:nLouisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s—.
—1951
St Louis Div 8c Term gold 3s.
1951

.100% 404%

101'/8 lOl'/s

;

1955

——

——...

*

.

A

.1952

Purchased lines 3'As———
Collateral trust gold 4s-

5s

*101%-—i

,2.

*

110

104

ft

1961

4s

p-——

4 -40-year 4%s

*100 "

1951

gold 3s sterling.—

Refunding .4s

*102

1951

—

Extended 1st gold 3%s»

Refunding

! A General 4s

102'Alb3%

,

68

1965

Alst & ref.5s series A

Collateral

I).

Mo Kansas 8c Texas 1st 4s--———1990

ACum

i;

119

102% 102%
96
96

102% >

JMissouri Pacific RR Co-^

1st

js

111%

111% 111%

106

(Southern Lines) 4s__1959

impt 4'As series C_—.1979
Michigan Cons Gas 1st mtge 3%s_1969
t§ AMidland of N J 1st ext 5s—1940

>

!f

105

102%

Mead Corp

104%

77

-1969

AManila RR

17%

102%

1st

■Vi

113%

94

96

n

[<

1960
1954
11957.

79

7

1959

Ref

<

106%
107%

;

91%
99%

.

65.

i..............«•

1st & ref 3%s series D_.
Gulf States Util 1st M 25As

Illinois

107% U

' V"

100%

Manati Sugar 4s sink fundl-Feb

Gulf Mobile & Ohio 4s series B
Gen mtge inc 5s series A

Illinois Bell

M

107

104%

105% 105%

Lines

1st gold 4s

Registered
111 Cent and.Ohio

& N

■A- 1st & ref 4'As series C
1st ref mtge 4s ser D
footnotes

'

*98% 101%
Eft L

O—

c,'Joint 1st ref 5s series A.

For

105

see




page

—

1963

—.1963

2853.

98%. 106%
90

105%

Nashville Chattanooga & St Louis—
f

1963

1st mtge

3s ser B

—1986

2%s debs_1970
National Steel 1st mtge 3s
—..1965
tANaugatuck RR 1st gold 4s
1954
National Dairy Products

98

102'A 103
104% i' 104'A 104%

1027A

*—

106%

!

v.107% f-i
120 ill

103%

—

*103%

'

■103%

103% 103%
♦106'/a

ti

118

"

A Debentures ctfs -B—aii,.
Greyhound Corp 3s debs

Coal*. 1st

*118

2003
2003
1980
.1955

94%
136%

120'/a

107

95%

AGreen Bay 8c West deb ctfs A

Hudson

■74%

104

G.

73 %

128

104

ser

s

ij

114%

-

--

103% 103%

i'/sS

,1

69

:

40 %

103% 104 '/8

DiV 2d gold 3s__—„

35'/a

118

*114%

1949
1951

M 3%s series F

ref

&

.'"J/.;-!

35% t 62%

50%

—

1949

4s

66

' 60

31
■r

'74%

74%
*127%

4s—————1949

gold

"V

|

100'A 101
*99

—

—

1st

1st & ref M

-

134%

:

33

■

debentures

St Louis

122%

115%
120'

;

Louisville & Nashville RR—

I

122'A 122%

100%

Gen

1

129% 129%

122%.

2000

89

102% 102%

1976

;

•

ioi% 105%

Gen
Gen

'

43%

.—.——1963
Louisville Gas & Elec 3%s_:
1966
3s

(B F)

Co 1st mtge 2%s_1965
Grays Point Term 1st gtd 5s
1947
Great Northern Ry CoGeneral 5%s series B_
1952
General 5s series C———1973

ref

stamped
Lorillard- (P) .Co deb 5s—

Gas & Elec of
General

«'Y.

4s

-

('

('

40

*34'%
39'/a
42 ;• 43%
*36% 42 a

_

Lehigh Valley "Terminal Ry. ext'5s_1951
Lex & Eastman 1st 50-yr 5s gtd
1965
Liggett & Myers Tobacco 5s
—1951
Little Miami gen 4s series A
1962

Alst & ref 5s series A...

4

87'A

% 75 Y 96'A

5s——1954

—.....—__20O3
.2003
2003
5s stamped ihodified.:
—;
.2003

^Florida East Coast 1st 4%s_.

96

99

68

'4%s' stamped modified
4%s registered —:
Firestone Tire & Rub 3s deb_.

/!•;

83

Lehigh Valley "N-Y 4%s ext.
-1950
Lehigh Valley RR—
' - ;' . ■ • v
1
•..V.-jfcf stamped modified———-.
2003

registered

102

——-——1974

stamped.

4s.

100%:,f

.:

95%
98%
*? 85Y- •; 99%'ij
»"

90

.—1974

1st & ref sink-fund 5s—

i

.103%

100%

102'A

♦85

5s——1—1964
stamped—.—.———__19641

100

—'

*100%

1954

stamped

5s

1st & ref sink-fund,

1953

mtge 3%s

1954

1st & ref sink-fund 5s

2000

H

ser

75

1964

1st cons mtge 3%s ser F
1st cons mtge 3%s ser G

1st cons 2s

2015

1970

Lehigh Valley Coal Co—

•

Gen

—1975

Income reg

Alst mtge
East Tenn Va & Ga Div
Ed El 111 (NY) 1st cons

101%

105%i

103%

106 % *

106

110

;1

RANGE FOR WEEK ENDING NOVEMBER ^9

Friday

BONDS

bonds

New York

New

York

Stock

Breh an ys

January 1

Newark

Consol

Gas

5s

cons

fitANew England RR gtd 5s—

<—\

109%

1087/a

123% 123%

1st gtd 4%s series B
N J Junction RR gtd 1st 4s—— J

]

123 Va
118

107%

.

*101% 105
105 % 105

General

108

%

.

111%

V

A 1st
A

5s

series

5s

of

A 1st 4%8 series

*

D

—

104

80

.

ACertificates

A 1st

5%s

Q43/4

of deposit—.—

series

Ref

&

impt 4%s series A

&

:

N Y Cent & Hud River
3%s

3 %s

i

.

90

73y2

1st

lien

&

ref

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B—

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gold 5s„

series

103

105%

3%s series E

100% 102

103 Va

105% 105%

103%

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...

*106%
...

_

—

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deb

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ANon-Oonv aeb 3Vis
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deb

1947

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i t A Collateral
trust

J

7

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y

4g

6S

,,

■

90 Va

88%
♦103

1948

5s

series

B——

5s

series

C

—

42

—

—

88

i 103% 105%

1977

127

127

1974

——

102%
102%

88%

89

127

1962

gen

88% 103%

3

90 %

lhO deb

*118%
102%

09

1964
1966

105%

107

1st mortgage 3%s
t A Providence Securities 4s—

1977

112

113,/

1957

.

i A Providence

96

&
St

ref

mtge
mtge

Ac

ref

3s—
5s

108

108%

112Va

1972

107%

U0%

.—1956

mtge 8»—...

ref

108

1968

Terminal 4s

Public Service El & Gas 3%$

1st

:

45%

16 Va

2037

160

165

2037

-

240

251%

05

105%

'39 '

34%

46%

67

68 \

18% 20
40%'43%

1957

•

89

*88%

1960

2

41

37

,r.......—1940

,

99% 105
103% 106
102% 106

2

40%

38%

1948

•

102% 104%

38 %

38 %

1955.

;a

:

10

51

38%

36 Va

102% 102%
100% 101
104% 104%
103% 103%

10

'

38%

37

^.

—1954

—

4s

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ADebenture certificates 3yaS
1956

,

118% 138%
122% 142
102% 109

122% 123

1959

A

123

1

13

118% 120

102% 102%

1958

gen

1st

38%

1947

120 V*

134%
126% 135

125

1950

ser

116% 122%

—

1950

:

21

105%

105% 106%

II

1975

mtge 4%s series B——

£

26

10%

1960
1963

mtge 5s series B

APittston Co 5%

RR—

4s

9%
:

102%

guaranteed 4%s—1964

cons

1st

IN Y New Haven & Hartford

107

V

Potomac El Pwr 1st M 3Vis

103%

87

guaranteed 4s
4%s

cons

1st

H9%

82%

cons

1st

109

105

110

102

>

'

1957

I

1st 4%s series D

1111/*

*105

."

guaranteed

mtge 4%s series C
Pitts Young & Ash 1st 4s

118%
115% U5%

series,B——.-i.-———,

4s

1st

106

N Y Lack St
West 4s series
4%8

,

G

J

1st

107

*104% 112%

*110

,

..

B

102%
105%
107%
106%

108
107

102% 103

c'

103

•

Pitts & W Va 1st 4%s series A

98% 106%
99%
105,.
104%

98%

98%

100%

103
103%

103

'

1964

of

Pitts Steel 1st mtge 4%s
1st mtge 4%s series B

106

105% 108%

;

t

103% 103%

JL-

103 %

Pittsb Coke St Chem 1st mtge 3%s.l964
Pittsburgh Consolidation Coal—
3%s debentures
——.—1965

93Va 100%

Purchase money gold 4s
NY & Harlem
gold 3%s
Mtge 4s series A—

Mtge 43

9/ V2
93 y*

98

M-N

—

106%

J-D

M-N

.i

142%
125% 135

*125%
V:
106% 107%

■

Gen mtge 3%s ser E-—.,1975

95

so

„—1974

J-/
.

.

i~~

105%

98%
U&&
7 ; 137

133

1937

Gen

100

87

Ref mtge 3 %s ser E—
1st mtge 3s ser F
ser

1967

'

Pgh Cine Chicago & St Louis RR—
s
Gen mtge 5s series A—.———-1970

109 V2

77

Mich Cent coll gold 3%s
3 lis registered
New York Chicago & f-it
Louis—

Connecting RR 27/«8
N.Y Dock 1st gold 4s
N'Y Edison 3%s series D

2%s

Series

11478

88 V2

—

registered————

N Y

ref

&

2%s

Series

65
99%
7OV2
98%
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impt 5s series C

3%s registered-—-,;
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1st

M

s f 4s
deposit

Series H

91% 107%

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V.

95%
109 Va

84

A

ACertificates of deposit——

Ref

ref

Series

«/.

-

r

1961

Electric
&

J-J

1977

*..'

Pgh Cine Chicago & St Louis Ry—
Series E 3%s gtd gold
1949
Series F 4s guaranteed gold
1953

83

deposit

102%

r-A

;

High

Low

102% 106%
62% ■?, 94
36; 7 83
V1* 106 V 107%

*38% 40%
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102% 103%

—
•

Jl-S

Phillips Petroleum 2%s debs

103

82% 1°6
83%

deposit

C

ACertificates

F-l

1974

B

General

A Certificates

84 Va

81%

of

series

series

t§APhilippine Ry 1st

92 %

rj3

B

Certificates

A 1st

5s

1st and ref 2%s

v--V

tNew Orleans Texas & Mexico
RyJANon-cum inc 5s series A
1
A Certificates
of deposit

Apr
■

1980

1971

•

1st

"

\

Apr 1990
1974 ! ;

Phila

108 %

103

4s

64%

,

January 1
7

102% 102%
63% 64%

—

A-O

1960

gold 4%s series C
Philadelphia Co coll tr 4%s
■

104

*104% 107

MS

—1947.

,

'

High

Phila Bait & Wash 1st gold 4s—

110

100

♦105% 107

.

A Income

118

h

,

Eastern 4s ext

Peoria & Pekin Union Ry 5%s
Pere Marquette Ry 3%s ser D

127 Va

120

:

N O & N E 1st ref &
imp 4%s
New Orleans Term 1st gtd 4s

Peoria St

114 %

109

1

New Jersey P & L 1st mtge 3s
New Orleans. Great Nor 5s A—

Peoples Gas L St C ref 5»..,.

90% 105 Va
87
103%

1

X A Consol gtd 4s
New England Tel & Tel 5s A

,

f Banye Sines

Bid A Asked

,Low

,

110 Va

107

1

Last

Sals Fries

High

Low

Week's Range
er Friday's

Interest
Period

Range Sines

Stock Exchange

V:: -A 1st St ref 4'/2s series of
1927..1967
.tAHarlem River As Port Chester—
I
1st 4s
..1954
'

:.y

,

IAN Y Ont & West
A General 4s^

ref

4s

1st

,

cons

Y Susq & W 1st ref
5 A 2d gold 4%s
§ A General gold 5s
§ATerminal 1st gold 5s
*8A N Y West & Bost 1st

Niagara -Falls

1

Power

••

10

•

1993

*71
♦105

.101;

105 Va

5s^—1937

,

<

;

26%
15%
106%.

-r
:

,108%,

'
,

39%

1937

Gen

Elec Corp—
mtge 4%s series D

mtge 3Vi8 series J

1967
...

*125%
*108%*107%

—;

1969

*108 Vi

110%
50-k

11
11%

10

RR

11%

•100

1997

.

Jan 2047

70

2047

*68

y;*.^ v-90

72
'

70%

94%

95'A

[;49^v»vflO0%:;127%V»®

18

100'/a 100 y4

6

100 % 100 %

.25

90%

105

—1975

98

.69% *90%
90
110

92% 112
94% 112
.

106%

07

"*

Northern States Power Co—
(Minn) 1st mtge 2%s
1st mtge 2%s
(Wisc> 1st mtge 3%s

1974

101% 101%

101 Va

'•

1

}

106%

106%

98

;

101% 105%

IOIV2 101%

1975

1964

08

94
"

..

2047

: *90 :\-:—

122% v'

,105

..v...

•59

..2047

impt 5s series D
Coll trust 4%s

109 %

*109%

U

3

:: 100% 120

8

y ' 03
93
:' 62 ,105
•
112 : H 4,/a

85 Va

0

*112

guaranteed

4s_

1948

Ohio Edison 1st mtge 3s__

1974

1st mtge 2%s
1975
Oklahoma Gas & Electric 2%s
1975
Oregon-Washington RR 3s ser A..1960

Pacific Gas St Electric Co—
j! 1st St ref mtge 3Vis series I
1st St ref mtge 3s series J_i.

Pacific

2%s

Tel

mtge 3s
&

Tel

ser

2%s

19%

14%

29

106

106

104%

100% 100%

100

100

100

105 V*

104

>

1974

debs

94%

1986

100%

97%

-

99

/•y''/

,

106%
'.

*

-

series

E

trust

99%

!»4 iJj.M

92% 7

s

f

debentures

81

4s

Cons

gold

sterl

General

4Vis
5s

Conv
Gen

series

series

General 4 Vis
Gen

119

1

——1948

7V.,

stpd

A

B

deb

series

vstge

3Vis

D

3YbB

:

ser

F,

..




^

1981

119

C 100% 101%
/V-.C47% 48%

...

1984
1085

•

L

77-.;

97% 7
-

103 Vi

105

3

-

^

-i

•

26

b

.

104% .109% ;

m

52
■

v :

—'

55

■

'

t

100% 107% >
.1' 67%
104% 107%
97%
99%'
103 '103%
102% 106
:

-44

7 :
2

105

-97% 98 i
.103%
103
103%

i

vi 109% V
:123 % 1
110% 128
122% 135%
98

-

-

145

116

.

48

3.—107

:v7

124

.r

,

,-34

,

;: A*'*.

1965

1952

7

7-*105 V4 106%

1968

mtge 4%* series E

V
90% 102%a;
06^84%'* 93 Va ^:
49
■» 91s;
97 --A'

.

7 7

100

,115% 116

dollar____May 11948
sinking-fund 4 Vis
1960

General

92%
86%r 87
..91V4 91%

7 98

100

~

4s

'91%

■

• Vl"' '

.119% 120%

119%.

_.__1965

Pennsylvania RR—
Consol

•

•

r

90%-106% '* •
J 92% *110% ' '
105-v-107
-"••• > < ' 'A
!

47 v-

■

'►••',

-"Av

:55/r^;03 ; ^108% y i
131

99
; • j,

ctfs.J^' 1952

Pennsylvania Glass Sand 3V2S1.1.1960
Pennsylvania Power St Light CO—
1st mtge 3s
—1975

v.

94%^;/

105% 106%

7

106% 112% V;
101
108.
-"94% 114% t !

3

26:

100% 100% U-v
-'
06%-97% —

.

4s

129%

:

—

%

f

.

Gtd

105%

1
..

'
.

3s

94%

.

...1985

——

s

•

,63%
106%
132%

35

2

-r

*106% 107%.
101 Va lOlYa

..

...1977

Pennsylvania-Central Airlines—
3Vis conv hie debs__f__
.T^,_1960
Pennsylvania Co—
1

-w

107%

105 V*

106

f gold 4V2s-.._1955
Paterson & Passaic G St E cons 5s_1949
I*'"

.

105:/

105

;
44%

106 V

100

*129%;

108%

100%

;

106% 106%

1979

N

debentures

Paducah & 111 1st

.

1971

1st & ref M 3s series'M
& ref

*14..;

1970

1st St ref M 3s series K_
1st & ref M 3s series L-.
1st

.

100

1966

•

,

42'

;

fOgdensburg & Lake Champlain Ry—'
A 1st

-

20%
24 ri

9

*103% 104

105% 107
*_. ^
106r:i

>Ref & impt 4V2S series
A——2047
Ref & impt 5s series C__
St

106%
109%
74

42

•9%

j

125%

107%

48%

1940
1941

stpd
4%s stamped

1974

Ref

;

I ;

109

?

108%

-

1934

liARutland

4s„ 1997
a

109

-w

t A Rut-Canadian 4s

1966

registered
Gen lien'ry & Id gold 3s
3s
registered.
1.

t

88

■

125%

1977
1967

•

4s

1 r

%

Rochester Gas Ss

Gen

1946

Pacific Ry prior lien

49

59 y8

Norfolk Southern Ry Co—
A Gen
mtge 5s conv inc
2014
Norfolk & Western
Ry 1st gold 4s_1996
North Central gen & ret 5s
a 1974
Gen & ref 4Vas series A

Northern

61%

104

U5%

06

t!AR I Ark & Louis 1st 4yas

1943

3 V2S

101%

103

102% 103 Va

1949

Gen mtge 3%s series H
Gen mtge 3%s series I

..1940

4%S

coll trust 4a A

97%

97%
103

f

r

,104,.

Reading Co 1st
ref 3 V8s ser D—1995
Revere Copper & Brass 3y«s
1960
'ISARio Grande West 1st gold 4S..1939
A 1st cons &

73
90 %v,
104% 107y*

105% 105%

1963

,

•'.4%

74>/2

1965'

gtd 4s

N Y Queens El Lt & Pow
3%s
N Y Steam
Corp 1st 3%s

'■ j:l H AN

'

ill

100

101%
10%
4%'' - 5
101 Va 101%
10

?

..1955

N Y Power &
Light 1st mtge 2%8_1975
NY & Putnam

'

'

*101

June 1992

Jr;V^'--"v''ivX'-;^-•'V,-"f.^■V;^v:,/S;7-:>;r'y-i."*^^^V:f;^:-V.v;'^"'
4"& s.%.,'••

—

*Tj4-uiI'

Ntimber 'icAf#&?-#STHE commercial & FINANCIAL CHRONICLE
4547

[Volume 164

-

4

.

:%', ':^f2853

'

NEW YORK BOND RECORD
4;V

29

RANGE FOR WEEK ENDING NOVEMBER

&
BOND 'SVA'AAA;

'

York

Exchange

Stock

V

Last

Bale Price

Bonds

Friday's

or

Bid & Asked

Low

4 Friday

bonds

Week's Range

Friday
"

Interest
Period

New

■t

Sold

Low

Last

Period

Sale Fries

l.'~,

High

Week's Range

.

Interest

Exchange

January 1

No.

High

Stoek

York

New

Range Since

Friday's

or

Bonds

Bid & Asked

4:---

low

High

Sold

No.

^

&!'y>

Rang* Bines
January 1
Low

High

W
Terminal RR Assn of St Louis—
Ref & imp M 4s ser C
Ref & imp 27/8s series D

Texas

Corp 3s

deb

Texas &

Pacific

j-j

1985

A-O

1965

Texas & New Orleans RR—
1st & ref M 3%s ser B—!
4 1st & ref M 3%s ser C

*

'Wabash RR.Cd**-.'-^?:
2019

I

1st

mrn'J*

*128%

4:4;

103

ar-N

S'V;. ,'v

—

103-

■

106% 107%

106%

44'

128%

-4

:

103

17

105

Apr
F-A

108

Gen mtge 4s lnc ser A

mtge 3%s ser B

—1971

.1990

A-O

2000

*101% 102

A-O
J-D

gold 5s

Gen & ref M 3%s ser E

1985

95

^

95
128

Ward

Baking Co
(subsordinated)

100% 104%

10

-4V:'

93

2

rl00% 101%:

101%

J-J;4

Texas Pacific-Missouri—

95
128

__

101

127%

37

984

'

v:

Pac Tenn RR of New Orl
3%S—1974

•—103

J-D

102 %

100

100

-100%

20

58

57

59%

119

J-D

*100

101%

JH-S

1960

*101%

J-J,

Jan 1960

A-O

impt 3%S—1960
Trenton Gas & Elec 1st
gold 5s—1949
Trl-Continental Corp 2%s debs—1961

82%

101

6

Western

103

Western Union Telegraph Co—

1st 4s
4%s inc

A

ser

U
Union Electrlo Co,of Mo
3%s
1st mtge & coll tr 2%s
tSAUnion Elev Ry
(Chic) 5s

1971
1975

Union Oil of Calif 3s debs
2% 8 debentures
1st

v'J-j'

1976

S Rubber 2%s

Af-S

J-D

84%
85%

44

104%

9

M-N

West Shore

2361

J-J

Registered ———————2361
Wheeling & Lake Erie RR 4s
1949

103

103

94%: 95
101% 102

A-O
M-N

100

1959

M-S

101%

Gen

ref M

&

102

30

72

108

12

108%

101%

101j3 104%'

Winston-Salem S B

102

48

:

93%

24

99% 100

101% 104

7

1st 4s

105% 105%'

A-O
J-J

101%

99%

104%

•

ACertificates

72%

•

23%

23 Va

Af-N

•21

deposit
2%s
Service 3%s

1971

J-J

1976

J-J

Public

Wisconsin

Power

1976

4

87%
V

56
51

22%

'

100 %

102%

109

—

*98%

65
20%

,

100%

*109

4

jl, 58

v*-»,

32

23%
—

.

*—

J-D

:U

v 90

117
65
'

-„

of

Electric

Wisconsin

102% 106
■'* 123

103% 103%

*117%
•
72
' '73%.'
—

J-J

1949

109 Va

99 % 104 i-j
104% 108

100

•4U

103%

94%
91

63%
106%

M-S

§ ASu & Du dlv & term 1st 4s—1936

99

11

53

65

,r

—

Af-S

Yonkers Elec Lt & Power 2%s

100% 101%

68%

1970
1958

l§AWisconsin Central 1st 4s
A Certificates of deposit

99%

'

106 %

73

1960

14

107%

*

9':

•

66%

68%

103%
102

,

101
71 %•

68

71%

;

v

101

4

102

.101

M-S

' 109

73

58

142

1992

2%s series A

Wheeling Steel 3% series C
Wilson & Co 1st mortgage 3s

99

103

94%

104%

1st 4s guaranteed

116 Va

85%
85%

79%
;

J-J

34

109
111

Va

96

83%

81%
'81

M-S

101% 105%

10113 101%
103%

10113

■■

1976

Universal Pictures 3%s debs

105%

83

107

34

*101% 102

1966

debs

Af-N

102 %

103% 103%

103%

F-A

1991

grant 4S—
debentures
Ref mtge 2%s series
C
United Biscuit 23/4S debs

107%

106

105

•

.

Af-S

112%

34%

J-J

—1947

& land

117%

105

■

109%

*102'A 103

J-D

2%s

U

A-O

1970

'V

113%
1

2C

108% 109%'

'

A-O

1967

Union Pacific RR—

105

May

1951

-

Westinghouse El & Mfg 2%s
2% debentures

lUVs 1 11'/a

111%

Af-N

1945

A-O

1960

25-year gold 5s—
30-year 5s

104

101% 101%

108%

1950
—1951

Funding & real estate 4%s

68 %

104%

102%

106% 106%

J-D
J-J

2014-

Western Maryland

110

56%
101 %

115

*113

J-D

1952

105%

110%

103

1

103

_

1967

110

Pacific

*■

1966

3%s

mtge

9

57

*101% 103%

F-A

West Penn Power 3'As series I

95% 107%

11

107%

57

106 %

97

97%

107

Q-Af

Gen

:*i. '100

..

—

101% 101%

m-a

i

105%

>:um

F-A

83%, 99

10

101

95%

97%

:

A-O

Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd——1950

88 Va 104
49

„

1970

Washington Central Ry 1st 4s——1948

106

*99

debs

1st ref gtd gold 3%s—2000

Warren RR

152%

5%s

'4 87%,

.87

v

Af-N

Walworth Co conv debentures 3%s~1970

—1970

?'-;io2

90

Apr

A

•

Third Ave Ry 1st ref 4s
AAdj income 5s
Tol & Ohio Cent ref &

Jan 1981

AGen mtge lnc 4%s Ber B_Jan 1991
1st

137%
109

~

110

i-:

Deferred delivery sale not included in the year's range,
d Ex-interest, e Odd-lot eale
the year's range,
n Under-the-rule sale not included In the year's range.
rCash sale
included in the year's range,
y Ex-coupon.
,
:
^
...
§Negotiability impaired by maturity. fThe price represented is the dollar quotation per 200pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
tCompanies reported as being in bankruptcy, receivership, or reorganised under Beotlon 77 of
the Bankruptcy Act, or securities assumed by such companies. ^
*
r -»
\
•Friday's bid and asked prices; no sales being transaeted during current week.
a

Vandalia RR
Cons

cons g 4s
f 4s series B

s

series A—1955

Virginia Electric

& Power Co—
1st & ref
mtge 2%s ser E
1975
Va Iron Coal &
Coke 1st gold 5s__1949
Va & Southwest 1st

gtd 5s

1st

♦—

115

111

111

'*—

115

114

115

101

106%

Jf*S

*100%
109

A-O

1995

100

109
106

Af-N

ser B

50

—

109
*105

J-J

——1958

Virginian Ry 3s

101% 101%

M-S

;—J2003

s*

cons

included in

F-A
M-N

1957

104

109

123

99%

104% 104%

not

115

ABonds

103% 113

selling flat.

„

a

>

-

'

.4

•

1 r>-

,

NEW YORK CURB EXCHANGE
WEEKLY

AND

RECORD

YEARLY

notice—Cash and deferred delivery aales aw
transactions of the week, and when selling emtalde the regular weekly range are
disregarded In the week's
a footnote in the week
in which they occur.
No account is taken of such sales in computing the range for the year.
WttU year
lor tne JWS
y>
ft ,>v.-'V-v-'.-v't- 'V-i■■■■•-•

In

-•

In

•

.

the
le

following extensive list w:e furnish r complete record of transactions on the New York Curb Exchange for the week beginning on Saturdayi
Nov. 23 and
md ending the present Friday <Nov. 29). It is
compiled from the dailj[ reports of the Curb Exchange itself»and is intended to include every security,
whether stock or
bond, in which any dealings have occurred during the current y6ar. /
^ ';;v
-

■

-

RANGE

•

;

STOCKS

New York Curb

Exchange

——uatrrudcb

ENpiNG NOVEMBER 29

Sales

Range

Last

WEEK

STOCKS

Week's

Friday

.

FOR

for Week

Par

of Prices

Low

Aluminum

A

D

Alloys

—-—1

Last

Inc

"6%

—1

8upply Mfg olass. B—
Agnew Surpass Shoe Stores—&
Ainsworth Mfg common

6Ya
3

3

•12%

Alabama

Power

preferred

"3%

5

pfd___

r

-

,

1

"3% 4*

3%

3,300

26

25

17

100

17

common

Industries
Ltd

6% preferred • •
American Bantam

71

,.100

Car

Co

16% .17
176.

1

American Beverage common———1
American Book Co
—
-100
American Central Mfg
1

3%

150

:■

0181%,,

*3% "3%

■

American Cities Power &
LightClass A——————————————25

•r#

•

«'■<><<<

Gas

&

Electric

13

,

5%

5%

3

Nov

5% Sep
5% May ;
76
Apr
22% Jan

convertible preferred—
American Hard Rubber Co—

4%

18

Maracaibo

Co——

American

Metal

Products

American

Meter

25

Co——

2

32%«'32%"
20%*t 21%

Seal-Kap

common

Superpower Corp
preferred

11%

29

34%
34%
19%

Feb

Post

5

-7%
>-7%

_1

£1

Angostura-Wupperman

1

'.Apex-Elec Mfg.,Co new common——1
Appalachian Elec Pwr 4%% pfd
100
■

—

-v.,

■
....

For footnotes see
page 2857.




19%
26 y8

w

Jun

1% V
-

1%

56%

;,x5 '/a
7% !- 8V4

x5

•46%

--7%

7%

v7%

-

-900

43
5

1,500

■;■•

Jan

:

Oct

7% Oct' !,

600

24

^

6% Nov

"T'

7% NOV

^ Jan

89

Jun

Feb

!

Feb

v5

:

12%

900

6% Nov
6
Dpt
10% NoV

10%.'Jan

6%
7%
6% pern

300

18%

Jan

22%

Feb

28

Apr

26 Va

Oct

41

May

36

Oct' *

*r4

Jan

10%

300

25%

75

25%

29%

100

38 Ye

39%

2,700

.

13% Nov

Oct,*

;

aw

<'

—

200

11

11

;

shares

r5%

5%

18,000

19%

19%

150

7%

1,100

common

.n

2.%

Bohack

3%

Feb

u

17%

Feb

4

(H C)

1st

Co

20%

63

May

40% Sep
10% >N0V

44

AUg

20

Jan

12

Mar

*

'

Feb

32
12

May
July

20

100

163 %

110

27/s
;•

1,900

4*' '4100

Sep
Oct

6

'

19% Jan

■

14

il

Nov
3% Oct

6,200

;4

__

21%

132

'23%C0eX

40V8St0l
:136;

130

«t;

21

300
350

54%

Jan

24% Jun^i
16% Feb <

•

■J;: Oct

100

3%

Apr

9% Yeb
203
July
34% Jan

40% Jan

2%. Nov

:r

'

8%

.

Nov

18%

"2% *

39%

33% May

Oct

3%-Sep

.

34

40

i———lOO

12

Jan

"18!%'Nov;

1,000

?0%'
>;.3%'" 37/a
1&3% }68 *
20Va

Jan

July

25

7%.. NOV

1,900

18% "1214

10%

Nov

17

300

7%

5

18% Nov
6Va Sep

350

7%

.

1—3

common———

preferred

67/a
19

^22 ;>':22"

1
$3 optional convertible preferred-—•
Blumenthal (S) &' Co
1—-I--*

NOV '

6% Jan
56% Jan

Sep

' Oct

39% Jan
70% May

,

A'-. 37% Sep

.oc|a;;
Nov

Bbrne, Scrymser CO——4—25,

.150

j . Jan *
^;:$5Jan- ■

■

,1-11—1•

Bourjois Inc.
Brazilian
Breeze

15%

•

A

1

Blue Ridge Corp common

;7%
:'A

—^w-30

common

Birdsboro Steel Fdy 6s Mach Co corn.*

'

4

38% Maq

.

CorpSeelig Mfg—

BlaUrier's ^new

»

1,000
1,600

300

Aug

7X0^M% 46 :"', Jan
Sep - ."^9% May
Sep
•
ii32.% tJah
*'<

r

preferred—-—a—-*
Berkey & Gay Furniture
1
if
'4'"^.- i
j..(V * '.t
•'
Bicktbrd's Inc common
!_
—1

Feb

54

''^27.'

Co

38%

Copvertible

2% Sep ;
5% Jan ' :
NoV
13 . ■:> XTrti, zi.
33 r?Nbv*- rW^May
1
;
31% OCt A
f57% Maiy *.
30 Va Oct
,57% Mayi V;
llVv'Oct;" '.'^'24% May-.
^5% Nov
'^411% Apr
f.
1% Sep
3% Jan 4

14,300

,

«-:Ua-I

Sep

"

2,500

5%^ 5%-'^

:

A14%' "Oct

20,100

S Jan

'5%

Traction

Lgt

&

Pwr.

Corp common
Aeronautical—

Brewster

Bridgeport Gas Light Co
Bridgeport Oil Co
—
Brillo Mfg Co common
Class

dep rets ord reg

■

•

1,000

34%

52 Va

8%

-2

Products—

Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—

•

100
v

19%: 20%

56

5

!> .800

28%

31%

1%

•

32

33% ' 34% ir- -.425.

'•5%

10c
;

AwSOO-'

Jun

Jun

Oct

Jan

Apr

24

29 vi

$1.20 convertible A common

Apr

Nov

91

13%

800

5
7%
Basic Refractories Inc
1
20%
Bauman (L) & Co common
1
7%
Beau-Brummel Ties com——1
21
Beaunit Mills Inc—————2.50
.20%
Beck r(A S) Shoe Corp..————+1
44
Bel lane a Aircraft commonu—i—-a-a»l
168
Bell Tel of Canada
100
Benson & Hedges common——^—*

Apr '

49%
113%

13

50

i

15% Jan
•

Oct

12,000

25%

—*

Steel

Barlow &

Sep rW 5%

47

■

35%

—2

com

American Thread 5% preferred
American Writing Paper common

775

2% --',2%-:-;,, 1,500
13 t- lT37/a
500
35% ''35%5'A' !-2Q0-

"2%

.

10

series

Am

Sep

American

Barium

63% May
5% Jan

•

109% Jun
3

NOV

Feb
Jan

6

Banco de los Andes-

Jun

Oct

Rubber

ddwin
Baldwin

4-t^i

•;;;v
52

'

37%. Sep.
I*

1,400

.14

15;,v>15

•

Republics

American

„

125

49%

28%

•

Class B

American

Anchor

200

2,700

48%

32%
21%

•

$6

18%

:*3%:^4%v;A
:14

—1

Co—-——a

;

16

,

2,400

Jan
Sep
Sep

51-

American Potash & Chem class A——*

Amer

47%
.5 r
41%
1%

3,400

43%

,

41%

—

<

10% Oct

—1

Laundry Mach
—20
'American Light & Trac common——25
•V.
6% preferred
25
American Mfg Co common————25

,

y, 1,100

1%

110% 111

49%

American

.

Oct

»"

$2.50

;

5%

1%

18
43

110%

,

Nov

54

3%

11%

8%> Oct

Babcock to Wilcox Co
Baldwin Locomotive-Ufa preferred

207% Aug

2% Oct

.250

"5%

v-':'^.'i2% -May

'Sep

10 Va

10 Va

{.

Jan

31

28

7%

5

-75

;

27%

B

114 y2 May ' :

.500

48

46%

1%

10

51

51

48

.

,

a3Ya

5%' 'A

31

Feb
Jan

Oct

v

.<•

51

preferred--—-^---^---~--100'

American

!

25%
26

Jan

52%

300

3,500

55

55

<

115% Feb

Sep

9% Oct
1% Oct

,,.400

*7% ^8

7%

~6

Jun i

'Jun

8% Apr
;\:! ll ': Jan
;

NOV

9 %

i,4oo :a

,

•5%

5

pfd—100

Feb

107 v*

4300

11%

300;

*
*

Va

8

90% May
121

116%

,

American General Corp oommon—lOo
$2 convertible preferred-v——.-i-l

:

Mar

) Jan

Oct

4V,4-~

—

Class f
B-A-——1.
American Cyanamid Co common
10
American & Foreign Power warrantsAmerican Fork & Hoe common
•

4% %

15

Ameriea-

Oct'

1

9% Sep
110% Oct

...2,100,:-

10,.^ 10

10

—£1

rects reg—J

1
Co—————50
Corp warrants
—
:—
Atlas Plywood Corp
—
1
Automatic Products
——1
Automatic Voting Machine
——*
Avery (B F) & Sons common——5
6% preferred —————25
Ayrshire Collieries Corp—......
—1

May

Sep
::6ep

dep

Atlas

15%

^

60Q|

.

-

American

29

*112
Sep:
18% Sep

100

19% ,19%

loo

•;

48

.

10%

Atlantic Coast line

Jun

Nov

60

1,050

9%

^ vi

Coast Fisheries-—

Atlantic

May

15

3,000

72

112% 112%

19%
*

12
16

Novr

■

66%

„V,

112%-

*

common

common

*

10%

Atlanta Birm it Coast RR Co

Aug

Sep

1
;

Oct

'

12%

Associated Tel & Tel elass A—

111 y

3% Nov

11%

Aug
Jan

22% Jan
9% Jan
133% Jan

Oct,;

——2.50

Equipment Corp—*

American

•.

V 15

NOV

3%

10

12%

Associated Laundries of

,

4%

4%

——10

preferred

Associated Electric Industries-*•;

26

U

•

—

Aluminum Goods Mfg—————
Aluminium

30

10%

pfd

Products (Mich) common——5
Altorfer Bros Co common-.
*

Aluminum

Nov
4% Aug
85% Oct.

Aro

4%

4%

..

High

low

57/a
3%

3,800
1,500
10,200

IV*

•6

..

4%

4%

Arkansas Power & Light $7 preferred.*

Feb

,

'.

_•

common

Ashland Oil & Refining Co—*

Oct

17%

8

300

Gas

Range Since January 1

-Shares

Jtigh

113% 113%

7%

class A non-voting——— *

Apr
Feb

23%
5%
38

;

Feb j i

21

Oct

107

Allied

Co

300

90%

89

4%

6 %

Novi

26%

Natural

Common

Jan

5«•

7%

.

k

,3% Nov

p-' 8,500

45

26

preferred

P

100

•

6%

•

1,000

;

8%

*

3
50

Alaska Airlines Inc
Alles & Fisher common—
Allied Int'l Investing $3 conv

Aluminum

Nov

10% NOV
'12
Nov
NOV

45

4%

.-10

Southern

4.20%

2%

^,606;

'

Jan

for Week

•of Prices

low

•<.,,l

Argus inc
Arkansas

Jun

13%
•

Nov

10

Air-Way Electric Appliance
Great

3

1,500

12%

3%

Aireonr Mfg 'Corp common_________50c
convertible

To%"

22

4% Aug

100

I

Feb

30%

Oct

20% Oct

Convertible preferred
60c

Nov '•

8

700
?

'

3'A
..—3

Air Associates Inc
(NJ)„—
Air Investors common—

Alabama

400

11%

.Par

')

-:-y^ Sales

Range

Sale Price

■

High"

Nov

4
20

-..-------—5

Products

8%

8%

Aero

'j,'

100

10

Co.-

F

Aeronautical

Lowppr:*

5

common

Acme Wire Co

Range Since January !

High

ACF-Brill Motors warrants
Acme

Shares

Week's

Friday

New York Curb Exchange

"

Sale Price

•

—1

.20
22%

~4%
~7%

20 A

21%
17.,
"4%

7%
20%

"•a;i«rei..200
20
22% ^er5,io6
17%
•4%
8

20%

4
v

-—15

1,200
300

900
200

Sep

■

3lJ/4 Apr
4 27% Jan;

'44 31% Feb
Oct
5% Feb
4 - Sep4 31
Feb
25
Nov
: 12%
Apr
6% 8ep
18
24% Apr
Sep

-

,

Feb

4 36 v Jun
.
37- .AUg

4

23% Apr

British-American Oil Co

I EfitiSh American Tobacco—
Am dbp greets ord bearer
Am dep rets ord reg—

18%
15%

33

A

?;

Oct;

-

...

21 % Aug

-

16%
a-'-l:

Nov

16%

Oct

1

24%

Jan

'

THE COMMERCIAL

Monday, December 2, 1946

& FINANCIAL CHRONICLE

NEW YORK CURB EXCHANGE
RANGE FOR

v

STOCKS

^ Friday

New Fork Curb Exchange

Shares

Range Since January
Low

High

Last

Exchange

New York Curb

for Week

of Prices
LOW

Friday

STOCKS

Sales

Week's

-■•/./'.'■LastRange
Sale Price

WEEK ENDING NOVEMBER 29

Sale Price

1

Low

tar.

High
Dennlson

Week's
Range
of Prices

11%

Mfg class A common———5
—100

10%

Sales
for Week

High
11%

..

1

Detroit

Steel

Devoe &

Am

Co

100

12

Nov

18

Steel

Dominion

Tar & Chem Co

Dominion

10

Sep
Oct
Oct

1

3,700

3

Nov

8% Feb

Jun

41% May

3,900

__

38%
22%

83%

Jan
Oct

70

—*

dep rets

ord

Corp

common

Duval Texas Sulphur

& Fuel Assoc common

East Gas

Apr

96

65

Feb

110

May

Oct

12

Feb

Jun
24% Mar

1,000

5% Nov

10% Feb

700

13% Sep

9%

£1
•
-1
*

reg

common

'

Sep
Oct

Dunlop Rubber Co Ltd—

Test

:V

36
95

200

10

Duke Power Co

21% May
22% Sep
107
July

Sep

*

x

28% Apr
22%. Apr

.

11% Mar

*

Ltd

Draper Corp——

Am

24% Feb

15 %

900

Textile Co Ltd

Duro

,

500

B

Durham Hosiery class b

Aug
7% Feb
17% May
39% May
17% July
13 % July

.

Sep

7

•

.

37

1

Bridge Co Ltd

Co

J

*
25

Dominion

Harris

180
,

—£1
1
;

Dominion

Driver

Jun
May
13% May

21.

•

2% NOV
7% Sep
22% Nov

300

Domestic Industries class A com

Coal

2,100
1,000

1,900

common.

&

'

*
50o

dep rets brd regiCorp common

Dobeckmun

Oct
Feb

9%; Sep :

,

23% Jan

———10

Products--

Rayflolds Class B

Diana Stores Corp com
Distillers Co Ltd—
Divco

—.

1,300

8
1
1

Detroit Mich Stove Co common

10
145

1,800

8% debenture

Derby Oil Co common—;—
Detroit Gasket-& Mfg
Detroit Gray Iron Foundry

1
LptoHigh

Range Since January

Shares

16

Apr

20

*

4%% prior preferred
——100
8% preferred —————100
25

Malleable Iron

Eastern

States

Eastern

*
*
•

Corp.—

$7 preferred series A

$6 preferred series B
Eastern Sugar Associates—
$5

—1
•

preferred

Easy Washing Machine B

Electric Bond & Share common——5
$3.50

pfd

$4.20

pfd

Electric

*
*
»

formerly $5
formerly $6
& Light 2d pfd A—
..

Power

Option warrants
Electrographic Corp

|.
—1

Electromaster

——1

Inc

Watch Co common—15

Elgin National
Elliott

Co

5%

10

common

—————.—50

preferred

pfd

District Electric 5%

Empire

Derrick

Emsco

Equipment

&

——-10c
...1'
—1
10

Equity Corp common
$3 convertible preferred
Esquire Inc
Eureka Pipe Line common
——

19%

19%

67%

68

—

Metallurgical

1
1
1

—*

Fedders-Quigan Corp
—.1
Federal Compress & Warehouse Co—25
Fire Association (Phila)
10

26%

148% 152

Airplane

&

Brewing—

Fansteel

149

25%

Engine

Fairchild
Falstaff

1%

1%

15%

Fairchild Camera & Inst Co—

13%

13

142

100
—5

'

York

First

15%

$2
5<*

Corp

I

(M H) Co—
$1

to

10c

common

pfd

div cum

Fishman

.

1

Stores

Ford Motor Co Ltd—
Am

£1

ord reg

rets

dep

Ford Motor of Canada—■

—.•
•

Class A non-voting

Class

voting

B

Ford Motor of France—

dep rets bearer
Fort Pitt Brewing Co
Amer

—

1

(Peter) Brewing
—1.25
Franklin Simon & Co Inc—
1
Fox

4% %

$3

Stores

1

C0-3———■ ■■■

—*

stock

conv

Corp

Gatineau

5%

-—}

•—

(Geo A)

Garrett

10% Xl0%

50

pfd.

conv

Franklin

Fuller

Co

common-

preferred

—

—

14

3% Nov

Gen Electric Co Ltd—

dep* rets ord

Amer
■

5%

Fireprooflng

f

pfd

(A C)
Preferred

Gilchrist

CO——

Glen Alden Coal

Gobel

Godchaux

■-..Class

Gorham

10

—

-24%

-9

00
-*•

26
—

.

15

26

.24%,

-22%
15

30,

10,900

v-

i5%-

200

1st

Greenfield

Tap

Stores

Gypsum Lima <te

Alabastine.

Davenport Hosiery Mills—
Davidson

Brothers

Inc

Dayton Rubber Mfg class A
Dejay Stores common.
:

conv.

For footnotes see page 2857-




Jun

24% Jan

v

26 %

jf

24

.,f

Oct.
Jan

1% Sep 1
Sep

46

Hall Lamp CP—
Hamilton Bridge
Hammermill

Co Ltd-.

Paper

;

-.

Jun

If

69
44

107
4'
53

71
47 %

Feb
Feb

•

Jan i
Jun1;

Jan

37%

131

NOV

f^37-i;iSep:
16%

Sep

13%

Jan

xlll% May
>

12% Sep

I

if

Aug i

5

Jan

14% May

% Nov

1

SY# Feb \ |

22% Apr:

93

•

|

Jun

28

Feb

23%

100

Apr

30

12% Nov
4% Sep
57
Sep

stock

$4.40 pfd

Gulf States Utilities

29 Ys

Feb

Sep •
17% Nov

,.,,,..5
1

:

f|

55

10
pfd—25

*
100
25
& Die
*
Products common—25c

common

preferred

Sep

6% Oct if
43% Jan if

In© class - A—.

Non-voting

111%

17% Nov

Great Northern Paper—

Grocery

Jan

18

:
—*
Mines———1
Co—50

Grand Rapids Varnish—
Gray Mfg Co*-*-;———*
Grayson-Robinson Stores*.—1
Great Atlantic Sc Pacific Tea-!—

1%

6% Apt

103

Mfg common
Graham-Paige Motors $5: conv

:

110
May:
115% Nov
:

2V

1
*

Gorham

|.|

52% Sep

Consolidated

Goodman Mfg ■

|

Apr
Jun

OCt

51/2-Nov

prior preferred

$4.50

Goldfield

Jan

19% Oct

-.1—

B

23%
140

NOV

110

2.50

Inc common.
Sugars class A-—

109

3

•
—:——5

(Adolf)

Nov

.

H

92

———

Globe-Unionr, Inc—.—

Apr il

111% Jan

;—*

Gladding McBean & Co
Gleaner
Harvester Corp—

31%

11% Jan

:—1
*
-i,
*
——*

common

Feb

85

$5 preferred-——i.———
Yellowknife Gold Mines

Gilbert

Apr

12 %

20
Sep
104% Sep

Plywood Corp

Giant

Feb

10%

3% Sep

—

100
i,
1
General Public Service $6 preferred—*
General Shareholdings Corp com
.1
$6 convertible preferred—
j—•
Georgia Power $6 preferred
•

17%

NOV

8

—i—10

common

General Outdoor Adv 6%

General

NOV

7% NOV

1

common

preferred series A.

General
'

18% Feb II

•

14

reg-——£1

Finance Corp

General

Jan

4% Nov

1
*

Alloys-

Jan

97

100

Gellman Mfg Co common

General

8% Nov

5
*

common———

Power

Jun
Feb f

v'vK'.""vr.'
•
:•/!•;>./'''■*
'■•■■..V/V',

■.v-

''

'•7*

:

->//':

:/.V-,v-, -.-v.-....-f

/.x'.1-

? v',:,

'•;

^'

v

" ■ ;v

»/

v; >

•

•/

;

,v
'•••.••'

v}■

l <

v- : v5 "• •

-

1

r•"

^

;}| -,;

v._ .•

■

•'••••..>•.'"s
••

\

v...7'^.v

■

;lv.•

--V
'

*-l.''

••j, \ '

'* ■*

* ■.

(THE COMMERCIAL' & FINANCIAL CHRONICLE

Nurfiber: 4547

[Volume 164

/'

V •V;

;

NEW YORK CURB EXCHANGE
'

RANGE FOB WEEK ENDING NOVEMBER £9
Friday

New York Curb Exchange

Week's

Sales

Last

STOCKS

Range

for Week

;

of Prices

Sale Price

■Svv;«,iiv'c
Hartford

Light
25
Hartford Rayon voting trust ctfs
1
Harvard Brewing Co
—1
Hat Corp of America B non-vot com..1

•4

'.V;',,'.. vt

64

4%

■

33/4

75/8

14%

1,800

4

14%

113/4

19%

12%

1,200

13% Nov
11
Oct

123/a
19 "

13

4,100

11% Sep

21

12%

»

12%

14%

.

T%

Jan

htinJhg Co^LLi:

Stella
Helena

^So

-

Rubinstein.

123/4
21

*

..■■Class A...———_i—.
Co Common——
————2

•

375

',12%

f>Vz%

■:;/

.Louisianb 3bahd

16%

10%

Oct

18

60

103%

Sep

113

9Q C Noy
,..,9.
Oct

92

103/4

;

253/4

/

10%

10%

*,

700

63/4

7%

*

2,600

•
.

«%

800

23%

; Hoe. (k) & co class X—
•

Holly /Store's Ino-r-——^------^--^--1
Holophahe Co common.—
Horder's
Hormel

Inc

& Co common

Hardart Baking Co
& Hardart common.

Horn

5%

—'j--*

Hummel-Ross

Fibre

Hurd

Mfg

Lock

&

—5

1st

1,100

48% Jan
10
Mar
6 Ye Nov

17%

19%

•

mmmm

1

18.

Oct

100

45%

Jan

13.

10% Oct

7%
40%

—

—*

8

44

43

Oct

12

McCord

22 V*

400

44

Sep
Jan

.

Corp

McWilliams

—*

Dredging

Memphis
Menasco

6%%

&

7% Apr

Messabi

63% Jun

—•

Scott
-

-

preferred

A

Iron

1,300

3%

6,000
1,100

15%

155/8

l

$V* Oct

Textile Corp
Participating
preferred

5%

—25c

—

"i3/a

"43/4

"6%

1

5

6

Co common

•

*conV preferred

5 °!c

Dividend
Illinosi

arrear

Zinc

Co

25

26%

50

■

20

53% Sep

81

Oct

23

.

573/4

58%

165/a

16%

16%

17%

16%

17%

1,300

14% Nov

5%

5%

200

11% Xl2%

600

5% Oct
11% Sep

13%

13%

200

21%

21%

100

58

ctfs
*

common..

Imperial Chemical Industries—
Am dep rets regis..
Imperial Oil (Can) coupon

£1
*

Registered

—

15

300

.

—

■

Preferred

Apr

Ireland

—JE1

Indianapolis Pow & Lt 4°/o pfd
Indiana Service 6% preferred
1%
preferred
Insurance Co

of

International

~

18% Sep

30%

100

109%
112

Jan

Cigar

Machine
International Hydro-Electric—

88

90%

21

213/4

*

Preferred $3.50 series
5.0
International Investing Corp——1
International Metal Industries A
*

47%

46

600

90%
213/4

82

Sep

39

300

73%

28

International

Petroleum

Registered
International

Utilities

100

12

14

3

3

100

12%

11%

30

Investors

Royalty.—
'
—1
Iron Fireman Mfg voting trust ctfs—'*
Irving Air Chute..
1
Italian Superpower A
•

12%

28

5

•

common—

Interstate Power $7 preferred

30

.

3

1%

19%

20%
8

1,400

ls/8

1%

1%

a

300

Class

Julian

A

&

preferred.;
Kokenge Co

12% Sep
6% Nov

26

1,000

5%

Oct

17

100

15 V*

Oct

25

Oct

14%

300

6%

65/8

600

6

53/4

6Va

163/8

163/a

163%

*

—*

33,.

Kansas Gas

Corp

& Elec

pfd

Kennedy's Inc

Lamp A

(Walter) & Co
Kimberly-Clark Corp—

63

63

54

12%

1

—1

1%

(D Emil) Co common.——,
(I B) Rubber Co
--i—10

4%

189

A

1%

4,900

1&

:

100

26

Cofrp common————

Kobacker Stores

.———i—1

Krueger 'VBrewing eo—

8%

s*•' 'A'P<»-

V"

<-jvl*•/t

Lakey. Foundry &

Machine

,

——1

-

6% -P

Lamson Corp of Delaware
Lane Wells Co common—1--—

4%

preferred.——

9%

National

Feb

.15% Jan

National

29%

National

Jan

123/s

400

13%

3,100

Langerdorf United Bakeries class A
*
v; .ClaSS BlXXX—-X—^'i—.
Lanston Monotype Machine
__5
La Salle Ext University....———...5

2,600
1,600

73/4

/

Apr

Nov

82%

Oct

28% May

/

.

9%

Oct

4J/a

6% Nov

Sep

•t.

43

24
Sep
17% Nov
19% Nov

Neis'oft

•

''***? /V;-;v.

•■'.':'/23%

1,500.

Feb

6%

~

J4%

•

NOV
Sep
U 5% Oct
12

Union

Sep,

15%

.

'31
85

10% Jan!

t

26

,

Qct

Feb

Apr
Jun
«Aug

24% May
7%

6y* Nov

Nov

,Realty common-ti-«--.-ix«..l

103/4

103/4

100

~1%

"1%

10,300

29

29%

Prior

preferred
Oil
Development
\——25
Le Tourneau (R G) Inc.——1
Leonard

Material

Line

Lionel

Co—

...——...5

Corp

10

Lipton (Thos J) Inc 6% preferred—.25
Lit, Brothers common—

:„

400.

15

14%

15%

1,600

23%

22%

23%

900

9

"9%

.

600

Loblaw Groceterias' class A—
f!la fcc

Locke

Steel

Lone

i'.

.

conv

preferred

5

L—:—1

Star Gas Corp common—
For footnotes see

'page 2857.




.10
'

-

*9%
tlVz<

•'

.9

24%

"9%

1%

t: 17%

17%

.

::

1

«'
£

..

Founders

:

Nov

1,200
3,400

9

Sep
Nov

15% Jan

5%

■'

:

Jun

83
Aug
20% May

XP*

14

Sep

17% J»n

12% Nov

.22% July

700

r

,

11%

1,500
1,800

ioy# oct

2

3 Vz

33/4

7,100

3% NOV

103/8

10%

200

10

11% Oct
10% NOV

13

14

11%

300

7%

6%

85%

25

4
900

14'A

400

l\y*

100

,.643/a

>900

4%

3,000

2%

2 V*

63

•

22
Apr
22% July

North Amer Light &

]

Noinav

Mines

tl8% tl8%.

$6 preferred

Power common—1

—~—*/■/

70

Mar

19

104% 105%

220

70

.56-

8y4

117%
102

,

26

ill
95

1121/4 Sep
100 ;

210

■

Feb
Jan
Jan /*

vi

15
May
123% Feb

8%

42,500
—300

'9%

117

101

«S-'
Peo

X35

10% Nov
104% Nov
56
NOV

200

120

Sep

Apr

:

13,600

;

1,200

:

f

11%

12%

4,400

3% Feb

4
■■■:.

11% Oct

1%
9 V*

13% May

/ 26% Feb

T

12% NOV

%
83/4

--

Electric—X.—i-i—J

.

12%

12

9%

2

-18%kay

^9%
11% ms
Sep ?
21
Nov

/;■ 45 ■,./'

56

1

—

Sep

541/4 Feb

.

105

——-——..—8

J&n
81% Feb
11% Mar
4Va July
75
Nov

32

8% Nov
2

700

Aug

163/4 May
21
juiy

-

■'

Apr

142

,

optional Warrants—^ X%
Niagara Share Corp dasS B com
5
9%
Niles-Bement-Pond,j-i
• / H%
Nineteen Hundred Corp B

12% Jun
1083/» Jun
n 35

.21%^
58
Sep

3%

14,1/4

100

1

19

12% Oct

21%

7%

Apr
Jan

22

..

8
14%

-7%

Feb

24% Feb

116% Nov
6Vz Oct

50

116% 118%

,/tl8%

pfd.100

Sep
Sep
Sep

79

675

Jan

4% Feb
14

Get

6

1,750

8

873A

15%

Oct

1%

:/

23% Mar ,/
x263/4 May

11% Nov
21
Sep

400

11

B

Nipissing

373/4 Sep

1%

shares-ii—r'

/Sep--:;i"
32% July %.
30
Feb %

'33 '

38 ;

Sep

3%

lsti)referredXXiiXiiXX*XiX-.X«100 ► 3X7%
2d preferred:^———-——100
102

Class

May

Feb

29

1,600
1,500

Rosario—

Niagara Hudson Power common
5%

41%
-

13%

,

-

40

3,300

14%

87%

~~~~f20

N Y Water Service 6%

Nov
9% Apr

/49% Aug

60

10%

—_;10
N-/Y- .Merchandise.LX.-^-iX--»-v-—i-10 '1V;.
N Y Shipbuilding Corp— > / /
.
"
, •,
N Y & Honduras

26% Jan

Mar

6,300

N y/Auction Co common^.—^
N Y City Omnibus, warrants
—

,

;

Jun

56

13% NOV
20

25% Mar

Chain

.Jbn

;

12

103/s Nov
33/4 Nov

500

.

4%
44

-

.

Oct

^6% /Feb
:

Logansport Distilling Co

27 y4

.

29% Mar

—

"9

1% NOV

11

30%

New park Mining Co—^
New Process Co common—^

14% Jun
45
Sep
3% Apr

9% Jfan
37% Jan

~i%

'

12%

(Herman)

N Y State Electric & Gas $5.10

Lefcotift

•■,:.ll7

liyt
1%

1

—30c /,

Radio

$2
preferred..
...i....—*
New England Tel
New Haven Clock & Watch Co—*

J*OV

?3% Feb
;r14.,/Feb

6% NOV
15%

13

300

'6%

1QQ

"■

19% May
18% Jun

1?

100

i;

Sep
Oct
Nov

20

.

18

New England Power. Associates—^..—*
6% preferred——100

Apr

.34% Apr
37.y4.July

Oct

300

23%

:/-14';/Y 14%

14%

14%
10

30%

J9 : •• 'XX ■
Neptune Meter common
5
13
Nesle Le Mur Co class A.^———. 11%'

■

11% MaV
2% Feb

<

31 a Jan
•

600

'450

50

11%

'Jdea Xno commbiiu^.—■
New Jersey Zinc.....—u.
—25
—
Neyr Mexico & Arizona' Land...^^—.1
4

65/8., ».

Jan

10

12%

30 %
12%

12.50

Transit

National

4%'%

12%

15%

5% Feb

10%

181/4

14%

—

—

National

;

63/a

,

221/4

4

14%

»

National Tunnel & Mines common

12% Mkr

6%

i,ioo

32% Apr
160% Apr
36
Jub
21% May

43%

Mallinson Fabrics
—..1
Mfg & Stores common
1
Pressure Cooker ,com-;^-i—.2
Rubber Machinery
*
Steel Car Ltd—————_*

National

Apr

600

:i5%

.

25

——

May

16%

,7%

.10% Jan

2
Sep
7% Sep
223/8 Oct
132 V* Oct •!

3,900

2%
8%
25

10%

.10%

1

*

94

10

(I5%

'

v

17%

*

Corp new common

115

900

12

12

5

Mines'Lfcd—./^—i

^•54%, Jun

Oct

Sep

10

Bellas Hess common

T%

•••'»•

Laclede-Christy Clay Prod

May

180

/47

21J/4

New

Lake Shore

.

210 V*

25

*

Nov

10%

L

'Feb

18% Jun
Jun
23% Feb

80

19%

x—100

Aug

16%

•
--

2%

2%
*

National Fuel Gas—

32%. Jun

Feb

10

10%

6 ."

> >3
Sep
11% Jan

5

*

:

•; 20% Feb
/! 10% Jan

Nov

5

,

B50

189

,

18%

Aug

12 Va

1,200

Kleinert

Knott

33

54

1,800

7%

26

—

700

,

39% Nov

15%

5

63

40

4%

1

3y8
16y4

3

4,100
1,000

/

ga/s Nov

2,200

'51/4

5

1
—-—1

common

Jaxl

20

Breweries common

National

1,600

7

43/4
7

i——1

103% Oct

2'S

10

July
11% Jan
107% Feb
37
Apr

'

6% Sep

1,100

9

J an

6

19% May
50

Nov

Jun

124% Jun

11% Nov

50

13%

29 V4 Aug

/

Nov

17% Jun

,

Nov

6

1,900

55

13%

*'34
"

105

9%

112

54

1

Ltd

13

250

—

100
100

Kirkland Lake G M Co

~%Vz

11%

11%

100

pfd B

Kirby v Petfdleum.^-i.^——
Klein

~6

5

preferred

Kings Co Lighting 7%
i% preferred D
King Seeley Corp
Kingston Products

Sep

5% Nov

—

%.-*

Kidde

Oct

18% Jan

200

19

*

Co- common——

4%%

17,500

5

Ken-Rad Tube &

Key

8

121

8%
24

24

24

*

500

8V8

National

100
•;

3,400

35%

105

National

8%

8%

1

7%

9%

33

'

,

Nachman

Kaiser-Frazer

Oct
2% Nov
8% Nov

18

common—j

Co

4.4% May

Sep

10%

Jan

Feb

OVi Jan

May

7

K
Kawneer Co

3,700

common

Power

35
47

Jan
31% Apr

13%

6%

1

3%

9

Mountain States Tel & Tel

Muskogee

1

-i

400

preferred

States

Mountain

J
Jefferson Lake Sulphur Co—
Jim Brown Stores common

12%

2%

Murray Ohio Mfg Co
Muskegon Piston Ring

Jeannette Glass Co common

12%

City Copper common—r,—5c
Mountain Producers.——
10

Oct

1%

50

———10

Mountain

Nov

Aug

0% bet

-

7
Nov
3'% Nov.' :

900

Montreal Light Heat & Power......—*
Mo.ody Investors partic pfd
•
Morris Plan Corp of America.^.^.l0o

7% Nov

>

28

450

3%

Refineries

Montgomery Ward

ii or

Oct

.9
19

575

7%

Jan

irrv.

30

3%

CorpJ——
Monogram Pictures common
Monroe Loan Society A—
Montana Dakota Utilities

Oct

1%

1,100

73/4

20

24%

Apr

6

31"% May

,

25% Nov

50

26%

29

i——*

Molybbenuni

Jan

20 V*
,

15Va bet

Missouri Public Service common—

11
Sep
27% Nov

1,900
400

l3/8

w

24%

24% Apr

Jan

3%

Jan

;y\'l43/8 May

Nov

63/4 NOV

Mining Corp of Canada
Minnesota P,& L 5% pfd

Jun

35

iih

1,200

*

:

12% NOV v
12% NOV

13,400

12%

10

Safety Razor B

International

14%

12 s%

—*

:

Products..

International

125/s

14

shs._♦

coupon

shares

oct

20

700

20%

—

Co——

conv

5%
;

14% bet
'

Piping & Supply com

4%%

International Minerals and Chemicals—
20

1,800

is1/*

26%

•

Abrasive

Miller Wohl Co

31% May

Sep

dividend shares

Oil

Mid-West

Jun

4

'OCt,

r

.

l77/e Jan

r

Products—

Midwest

Apr

18

Oct

15% Jun

*

.i;

Midwest

33% Jan

20% Oct

200

47%

~

non-cum

Mid-West

Jun

North America...—10

Steel

c—

West

^Midvale Co common

Jun

123

Corp common
5
Oil Corp $1 conv pfd——

$2

112% Aug

100

3%

t

v

Mar

93/4 Feb

NOV

9%

16

15%

Midland

Jan

100

3%
i8y4

Midland

Jan

14% Jan

Imperial Tobacco of Great Britain &

10 %

15%

16

1

Class B

Middle

Jan

15%

9%

9%

1

;

14% May

2% Oct

'9

Middle States Petroleum class A v t c.l

7% Mky
15%

—

Jan

112
May
11% Jan

Sep

8
/

——*
.——10

Micromatic Hone Corp

Apr
17% Nov

11% Sep
12% Jan

*

Imperial Tobacco of Canada—v..T—5

39% Apr

Sep

4,200
1,700

26%

12 Va

v

5% bet

1
2.50

Michigan Sugar Co

26%

Nov

■

.

53

15,

Michigan Bumper Corp—
Michigan Steel Tube

I
Power

SYs Apr
Apr;
Jan

'■■8Va

Sep
Sep

4y8

16,600

Apr
Apr

24

87% Apr

3% Nov
l4yt Sep

109
)9

—106

Co——

;

Sep

5Va

.

——-

-

Metal

6%

3%

223/8 Jan.
47

Feb

25

700

18% Apr

•

.

9Vz NOV

800

31

6% Mar

"

Oct
36 r Oct

125

6%

"3%

1% Oct
Sep

9

;

2,800

Oct
May

19% Jan
//■/'• 4% Jan

12 Vz

400
•

'TIV//

9%
303/4

—1

Warrants

383/4

11

Natural Gas common——5

Co
Chapman

12%

27 y4

.

14

31

1

Mfg

Merritt

14%
103/4

12%
383/4

*
*

2%

13/4

2
mmm*

*

common

8y4 Nov

2,700
1,100

./■•v

Oct

4%

"iv* "9%

"9%

V

Illinois

8% Jan
34
60

21% May
40% Jan

20

30

Ltd—™$1

Co

Mead Johnson & Co

July

3%

Co

$2.50 preferred

July

59

6.,

250

*r*r

5

56% May

22

Mass'ey Harris common.X——X——•

Jun

37% Oct

1,400

42

_

2% Oct
Oct

300

3%

v/»
30

Mass Utilities Association v t o—_—1

21% Jun

37

(The B)

Communication

50% Mar

300

7%

1

Hydro-Electric Securities—
Hygrade Food Products—!

1,300

.

13

— —

common

500

25
47

67/a

*

preferred

7

24%
47

6%

—-5

.

16,800

•

MaVcohi Internat Marihe

75% May
*20% Jun
15 Va Jun

19%

117
Apr
26% Apr

1

common

Marlon Power Shovel—

33% Jun

—5

stk purch warrants

Huyler's

$ep

60

Apr

15% Aug

Sep'
Jan

111%
14% Sep

Ma'pes Consolidated Mfg Co—*

.47% Jun
115% Mar

May

.150

58

common..

Manischewitz

May

29

59%

S:-9%

*
2

Sugar optional warrants

Mangel Stores

July

45%
170

26

f.

*

Corp
Co

Hussmann-Ligonier Co
$2.25 preferred
Com

39%

112
.

Manati

Feb

15
Aug
32% May
25% July

3Sy4 Oct

100

100

(Harvey) Inc
Oil & Refining

Humble

38%

—

17%

Feb

140

*

preferred

Hubbell

60

363/4

4,400

Apr

108

Jan

9*1 V* "Jun

Sep

9.

19% Sep
35% Sep

«*•«!»

36

*

Horn &

,6

.

3,000

*

—

(Geo A)

6%

12%

!

45% May

;

Sep
Oct
Noy

22

—V*

11%

12%

65

375

117

Oct
Oct

70

50

P

26% Jan

Sep

53

——lo
Hollinger Consolidated G M—.——5

72

Aug

13,300

l'/a
.79

Nov

,f ?,

24

103/4 '/

Light $6 pfd

i% Feb

-

psplorationj^^XXXl

At

Lynch Corp.

High}

/

Apr
May

30:

92

90

90

25% /

LOW

High

,

Afcr

15%, Mar

vV,,.

106% 107

106%

preferred W W—-100
4% preferred
w^ w__—100
Henry Holt & Co common
—-1
Heyden Chemical common—————-!

Feb

48

Nov

19

1

Shares

26%

300

..

Heller

/

preferred A ctfs of dep
preferred B ctfs of dep————

9%

.

Louisiana Power &
K

;

Common ctfs of dep

Feb
23% Apr

11%

'

Long Island Lighting Co-— '

9% May
TV* Jan

Sep
3% Sep

7^/b Oct

200

!

for Week

tow

700

.

Oct

Jun

300

.

•3%

3%

60

72%

Sales

Range

•

•f Prices

Bale Price

High

tow

•

20

7%

Depfc Stores cobmon—

Range Blnce January 1

Shares

High

64

4%
•

——

Heam

Low

64

Week's

Friday
Last

'

;>y;;

;

Par

Electric

:'y

x';i! ■/.'•ST O O K S',://///■;.
New York Curb Exchange

20% Apr
53/4 Feb

rti.sep;

-

*83/4 Sep

•

lit Oct

ffr/ij

.

16%

if ,;

V

6y8
/

53/4

18%
6%

148 / 150%

16

NOV

5% Sep
Sep

132

!'

35

Jan

12 Vz Mar
164

Apr

.

EXCHANGE

NEW YORK CURB
RANGE FOR WEEK

ENDING NOVEMBER 29
Friday

;

STOCKS

Friday

Week's

Sales

Last

00-0

Range

for Week

York Curb Exchange

New

Low

Class

B

North

500

34

35 %

"4

4%

RR

-

7%

21%

Jail

Nov

ioa% July

Sep-'

ill

Class A $2

United

Samson

Northrop Aircraft Inc
Novadel-Agene Corp

32

Sep

59%

26%

Oct

8%

8%

1
*

9%",:

8%

Nov

29%

Sep

,} 15% Apr
40
Apr

Co

Schiff

Schulte

(D A)

Inc

O
4%%

Co

Oklahoma Natural Gas common
Old Poindexter

American

0<,<,

shares

8%

5%

■

Pacific

Can Co

1st

Pacific

common

$5

1st

40%

Tubes

103

>.

330

•

-11%

—

•

common

Feb
May

109

117%

27

—

?

f 'Jang

Pan

American Airways warrants——
Pantepec Oil of Venezuela Am shs—
Paramount Motors Corp,
,__1
Parker

Pen

Co

3%
11
•

__

5

•-

3iy* jun

v

14%

1

39

.50

39

: 20

Jan

59% Aug

Oct

I

Peninsular Telephone common—.
$1 cum preferred
Pennroad Corp common—
;
Penn-Dixie

25

-

Perfect

Circle

Co

•

84

31

May
Sep

9

Jan

—:S*

—

29

5'A

5%

540

3%

100

64%

7%
40%

on

••
•

——

700

.,

750

40%
-39

t

Governor common
Plnchin Johnson Ltd Am

„

com

:tr*.

Nov

15 y«

'y

13%

'

lift Oct

i.

d

20% jan

Oct

'•t'.'i.i- '-■yf.'-d1;

5%
9%

5%

1
2

11
—

50

52

5%
11

50%

840

52%.;

5

8%

8

8%

7

6%

7

;

8

500

5%

5%

2.50

18%

•

—

•

2,300.

6

15y2

Sep

,

—

•

—

13%

—

39%
6

Aug

260

6

Mining
Prentice-Hall Inc common—
Pressed

Metals

of

America—

9%

.1%

2

16%

17

35%

17

200

',

/

Sep

73

W;

1,700
1,900

1%

•

3,300

—

8%

9%

—1

class B

Providence Gas

.

250

lft

VA

...

V*'

38'A

37

lft

*

1

—

Producers Corp of Nevada-

Prosperity Co

38%

g

1
.

Sep
Sep

90

49% Apr
'
12
Jun
Sep \ ' 374.
Jan
,

95

102% Nov

1,400

,

12% Nov

29% May

Nov

15% Jan

7

7%

2,200

7

3

3%

12,000

3

6Va

1,700

-

1%

3

Oct

13%
8%

•

Oct

Apr

7% Feb

6% Nov
Oct-

1,900

31%

Sep

39

33%

33 %

33%

40

31%

Jan

43

30%

30%

200

5

V2

1,800

v

5

v

.

Public Service

—

Apr
29% Oct

100

p::.

7%

1st

100

preferred

Puget Sound Power & Light—
0: $5 prior preferred
Puget Sound Pulp & Timber

Pyle-National

Co

common

Jan

112

May

111% Feb

122

Jun

106%
—

—

6%

6%

6%

200.

23%

;

—

5

Pyrene Manufacturings——10

22%

23%

12%

*

16%

16%

7%

7%

8%

8%

7%
--

12

12 %

125

10%

10%

300

110%

...

10

,27

200

:

1%

19%

1,200
850

Oct
Feb

3%

800

900 '

23

10%

X29%

30%

2,400

24%

3%

16,500

2%

3%

400

3%

-

v.—

9%

«—

3%

*

-

6%

57/e

"

2,900

m.

———*

95

97

163

68;

—100 '

Quebec Power Co

163

330

~-

158

28%

Jan

20.

6%
11
14
2A

1

A

•

(J B)

Co common

4

13%

Finch Oil

Taggart

Corp

-

Raymond

Concrete Pile common
$3 convertible preferred

•

—

17

-

17

i

-

'•

15

V
—

'

—

r'

8%

28%

v'

31ft

32

•

$3,-'"
8%

53%

f

28

V

*

—*

Raytheon Manufacturing common—_50o

%

9

100

Jan
A% Feb

Nov

25% Sep;

34

Sepi. A

44i>a

Nov

60"Aug
29% Jan

53

'

>

>■

'

8% Nov

11,700

15

,15

Rice Stix

Dry Goods.
——•
Oil Corp warrants
%
1
1 •
6%
Rio Grande
Valley Gas Co—
^
(Texas Corp) vtc
—.—-,11%
Rochester Gas & Elec 4%
Roeser & Pendleton
Rolls
Am

Rome

Royce Ltd—
"/.J;
dep rets for ord reg—I—2--.—£1
Cable Corp common
—.-5
Art

Metal

Works————2.

Roosevelt Field Inc—
Root

Petroleum

•26

21% Nov,
14% Oct.

..300
-700

,

23 Mi. NOVJ

% .,1//- *' 13,,400
5%
6%
2,200

■

31%

31%

250

28ft Oct

28

28%

950

27% Oct

48

33

650

28

450

Jan
17% Nov

62% May

19%

29

--3.

-A

19 A
3 /»

3%

•

1ft '

1% Sep

8,000

Co

—

RoUry Electric Steel Co
Russeks Fifth Ave common
Aeronautical Co-/

Ryan

Ryan

Consolidated Petroleum
Ryerson & Haynes common




23

:>.16

14%

24%
16%

4%

24%

4"%

7

20%

:

t..:

19%

-

7

•

1.25

1

-14% Jfov

r'-

*'

100

i

:1

<*•■

Jah

12%
6

v

X5%
■.

3%

13

•

6%

13%
/

400

?
-

>'

;

12'A

Oct

5%

Oct

Sep

on/.
-

.

\r#v«»

Jyn

May
Apr
May

15.

Nov

5

1,700

5% >
1,000
4-1'--' : : 900-

Oct

Sep

Jan

10% Feb
>,'/8% Jun
9% Feb
y

800

6%

Nov

12% May

300

29 %

Sep

37

Jan

3,800

14

Nov

29

Apr

lisy* Sep
7% Sep
9%* Oct

123

Oct

48

7%

X9

.9%-.

12%

11%

12%

37

37%

16%

14%

13%

~5Ma

5%

"Eft.

common-—-—-—8

•2,300
:'

10,300

Sep
10% May

i

'

1

/

• '

Edison

)

■'

f

»

26% July

Truna

Inc-

vitu

warrants—

106

"

—

preferred

13

*

22 »A July

Oct

109

102

lft'

-4% —4ft-

2ft/

2%

■

\fTvV.

1
1-—•

-

Z~

6

•.

May

72

'

95

;•

>

3,700

v

1.6QQ

1

-14%

;

165

Oct

/

-

200

Feb

May

112% May
117
Aug.

Nov

**4% - Feb

1% Sep

9%
L

2% Oct

5%

Feb

Feb

'

:

34
,

.

loft

.1

May

.'14%

Jan

17%

Jan

17%

Jun

it 5%

120 r. . Jan
sy* oct!

1.

6

May

3% Feb

;

,4ya Nov

,

7,000

•

9% Jan

106% Oct
110 :

7% • Oct

r'

Nov-y'" 5

1% Oct

40

3

xio% *11

/

13.

140

f

ift-wift.

;
*

:

1,400

110,

:110

.

1

-

July
Apt

-26'

Jan

.

5% Nov

3,500

,

.V

.

>4%,

.

.

1

80c convertible

110

£—-—*

Tung-Sol Lamp Works——

16

1,600

*"!% "1%

'

———

—

800

14%

*

""1%

6%

'

17%

6% Nov-

-ii-—•

—

33

59

preferred———100
7 °f«
preferred J.
r—100
Tonopah Mining of Nevada.
—1
Trans Lux Corp
^—
—u-:
i—I-—1
Toledo

100
•

Products

Todd Shipyards Corp

4% May
13% Feb

9%
11%
44%
19%

Oct

17%

700

-

4% Nov
6%

—

1
•

1

17
Sep
30% Aug
21
-Aug

21M4 Oct

600
r

20%

600

2,200

•.

•

U.

'

:

25%
lyroet-

--

-—1

—10

Royalite Oil Co Ltd—

0t"T::
-"

5

——

■

110% Mar

i

26% May

; 15

14

~9

Exports—
Tobacco Security Trust Co Ltd—
Amer dep rets ord regis-—
Amer dep rets def reg_
'

\4% Jan

24ft|; r:,v50';>.

3% Nov

11% Oct

33

.

32%

-50c

Jan

34% Jan
6% July

25

12%

6%

7%

2
—

Tri-Continental

/

49% Jun
.V

3,500

3%-

,

12%

*

Allied Stocks——•

&

Tobacco

'at bfMtty&i

tV

1%

-49

-

15

_100

pfd

-

-

17%

V-

•

common-

7%

Feb

3% Jan

400

14%

Oil & Land Co

Tobacco

37% Jan
34% Jan

•

•

•

pfd F-T—100

Inc—r—iw-—*

Ronson

.

—

200

F

-15%

.

24

Richfield

Richmond Radiator

22

21%

—

Engineering-——-5

17% Sep

200

Roofing Inc-————-:——— 1
Tishman Realty & Construction
1
Tivoli Brewing Co
1

Jun

-

Oct
Oct

2%

Tilo

Feb

86

~

400*' i
.; 4o-^

,

24-

Sep.

1%

-

25

Apr

•

Reed Roller Bit Co
Reliance Electric &

Inc

Thcw Shovel Co
•

22% Jun

Nov

1%

100

16'A

1

common

Power & Light

Texon

13

Oct

5

19,100

14

Nov

28 %

Corp——--10

Jun
Apr

May

Textron Inc

s

8% Jan

3% Oct
10%
13%

2,000

V

2%

Drug Co—
*
Superior Portland Cement, Inc
Superior Tool & Die Co—1

R
5%

11

Ji'/a

*

Corp——1

Sunbeam

"

~

10%

15%

Sun Ray

Texas

5%

-,.35% July
ZCXXuZApt- '
"10
Feb

,

Technicolor

5%

Nov.

6% Nov

1,200

3% *-4ft '

1
•
5

Tampa Electric Co common

Radlo-Kelth-Orpheum option warrantsRailway & Light Securities
Voting common
—10
Railway & Utility Investment A
1
Rath Packing Co common
L-—10

25

"18:"' Jan

,100 -

6%"

«ft Jan

.

,84% July

i

...

1

(Hugo) Corp
Stop & Shop Inc——
'Stroock (S) & Co common

Feb

114
189

Oct

18

*100

26

6%

Jan

y-'-

'

20 XU May

90% Sep

10
—•

:

*

Oct

72% Oct
28 V*

& Co common

97/a

m Sep

*

—

Jan

23% Jan

Oct

9%

30ff

160

Oct %

91

1,800

10%

3%

10

77/a May
7% May

Oct
Nov

60

101 % 104

;

26 r

(A)

Swan

Quaker Oats common—".
6% preferred

34% Aug

Nov

'10

10%

3%

3% Feb

45% Apr
i- 8% Feb
27% Aug
11% Sep

-

f

30%
* 3%

CQrp--f4.—"

Feb

45% Apr

17% rOct
26% Sep
19% Sep

'

Jan

1% Nov

300 '

1%
18%

10%

——^

—

12

16

6
Sep
7% Jan

300

28%. 31
3%
3%

1%
19
30 .

^

"

•

Sterling Inc

Apr

Nov

137/a Feb
,19% May

.14% ?eb.

300:

*

Sterling Engine Co——

113% May

103% Sep
18
Sep
X10% Sep

300

165
Jua
7% Nov-

Nov

6% Nov

*■
•

31% Jan

140% July

—

•

Stinnes

1st preferred

32% Feb

30%

--

Feb

of Colorado—

6%

Aug
Mar

/'ST'""Feb/.

39% Oct

25

*

Stein

Jan

•

Nov

u
Udylite Corp—
Ulen

-

Realization Corp

Unexcelled Chemical Corp

Rights

w

i

Union Gaa of Canada

Union Investment Co—:
.Union Stock. Yatds of Omaha-.

;;

14% Jaa
10% Jan

34%

7%
7%
35%

Sterling Aluminum Products—;—
1
Sterling Brewers Inc—1

May

Stetson

fl*

Feb

Nov

T

18% Apr
10% Jan

Sep

108

-

-

—

Steel Co of Canada

20% Jan

8% Nov

..

7%^att

35

-

class B——————*' '

Starrett .(The)

.

3% Feb

,

13% Nov
24% May

10

13%

xl3

*i,*r
» '

*

Nov

r

230

v

Pratt & Lambert Co
Premier Gold

i

Oct

39

230

,

6%
7

————•
Standard Products Co-—————1
Standard Tube class B_:
1

15% May
108

248

3'A

(Ky) —

Preferred

28% May

Sep

3,500

Jan

21% Hov
19% Jun
169% Apr
115% AUg
31% May

12% July
13% Nov

25

preferrd B—_J.

Common

July

-Sep
25% Jan

^V2
•

10
Standard Power & Light——,——.-1

Jan

100

39%
6%

i

'

108

1,225

102% 102%

12.50
—10

original preferred

Standard Oil

May
27% Jan

Oct

14%

245

13

,

10

10%

100

x

:•

Sep
Sep

115'

•"

Feb

,

5% Sep
15%

4,600

;

—

.

Feb

10

18%

16Vs

—

-100

-

Nov

5%

1,150

'

10
>

4Y4 Sep

1
1

•
2.78
Standard Cap & Seal common———1
Convertible preferredJL
10
Standard Dredging Corp common
1
$1.60 convertible preferred
20
Standard Forgings Corp
—
...1

Jan

78 %

114

Stahl-Meyer Inc
1
Standard Brewing Co

15% Feb
14% Jan
'4T

,~

15% Sep

_25c

Canada common—:

Mar

50% Nov

,_10

Polaris Mining Co
Powdrell & Alexander common
Power Corp of

I

5% Nov
9% Nov
44

■

1

Pleasant* Valley Wine Co
Pneumatic Scale common

1,800

1,200

•-/

—

113

.750

Feb

10% Jan

-

3% Oct
!19 > Sep

100

136%

—

1'
1

—

Spencer Shoe Corp—.

1% M&x

1% Sip'

2,300

J

21%

^xlO

133

Jan

Jan
Jun

17

37% May
30% Jan

•

Oct

3,000
3,000

114

,•

29

-V11%
5%
12%
16%

Sep

4%

19%
X10

5%% preferred series C——
25
Southern New England Telephone—100 ,«
Southern Phosphate Co new com
1
Southern Pipe Line—
:
—10
Southland Royalty Co.—
—5 ;

•

Feb

800

5%

»

9% Sep

900

-

-.

3% {

3%

3%

50

RR—-I

1st preferred

900

15% J

-

^

6%

23

14%

—1
:y
'
*'•.

Pittsburgh & Lake Erie—
Pittsburgh Metallurgical common

-

20%

15%

.0'-'

21'A

39'A
6V2
248

Manufacturing common

-»6%

v

7% Nov
51% Aug
63% Apr

"Nov"
'

...

8

1,600

*

23

.

8

11

.

•

Nov

200

', Jan

July
'v
7ft Feb
-35% Feb
104% May
111% May

'1% Sep

'

300

136

1

Southern California Edison—

;..

,

<

Oct

37

3%
if

12%

4%<

100
—•

South Penn Oil common

86% Jan
.id

4%

<

7

30^

v

Oct

1,000
r •:

9% Jan
30% May

85% Sep
11% Nov

1,100

3%

22 " May

Sep
Sep

£1

Southwest Pa Pipe Line

•

'

14%

~9

•
1
-100

South Coast Corp common.

I.

Jan

=

Oct

2%

6,200
1,350

12

3%

14%

Manufacturing Co

Soss

Jun
^ 117
' "-12% May

Oct

11%

12

♦

Sonotone Corp

;

—

^

Pitney-Bowes Inc
Pitts Bess & L E

10"%

»

shs

Gold Mines Ltd

>v plPer Aircraft Corp

"

9

10 %

•

;

Pierce

| Pioneer

8%

9
-

.

Phillips Packing Co

«■

9

Nov

40
i.

..

Solar

-.'21% Jan

Sep

7% Nov '

-

-

•

Pharis Tire & Rubber
com—_50c
Philadelphia Co common
*

Sep '-v.
Nov-

62

-4,400
7%
900
41SAiS
39. - -'--50

7%

--

4-

500

112%; 114%
5%
6% ^
63'A 64%

6%

.

5y«
7%
3%
112%
5%

6,500"

8%

3%

Jun

3%
17 %

:

Oct

82

12%

•

Solar Aircraft Co

July

56

7%

—

•

;

Nov

43% Nov

3%

__1

.

52 %

200

5%

<'

2.50

—

.20

46%

8%

—1
—

Power Co_Pep Boys (The)

60

45

46%

Cement warrants
Penn Gas & Elec class A
com
Penn Power &
Light 4%% pfd—10O
Penn Traffic Co
Penn Water &

Jan

24

57

♦
*

Peppereil Mfg Coi—^..,

14%

14%

14% Nov

1,000

2%

*

Ltd—.

Breweries

Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co— V"
3.90% preferred
t
Smith (Howard) Paper Mills

Jan

13 y* Mar

-

Parkersburg Rig & Reel
Patchogue Plymouth Mills

—100

preferred -i-i

4%

$3 convertible preferred
Simplicity Pattern common
Singer Manufacturing Co

0 «3;.

14

Nov

Ji. 8ft Sep
41Oct

—

39

—

3

26,300
9,200

3%
ll1/*

3

10%

-

46% Aug
9% Jan
47
Jan

Slmmons-Boardman Publications—

16% May
28 y3 July
-

6,200

—

—25

common—

Silex Co common

Apr

v

Jan

3%

5,400
2,400

:

.

.

——•
—1

Co—

Sick's

July

41%

Jan

26%

•

—

•

2%

11%
3%

5

>■

46 y8

c

Nov^

108-

1,900

16%

•

Sherwin-Williams of Canada.

'V.

..

.i .36
Oct'
102% July

4%

3

1
-1

common

Seton Leather common

19% Jun

.!

10% Nov
38% Sep

1,800
.,100

36'A
103%

100

preferred

Page-Hersey

103%

•

pfd

700

11
41

200

3%

Oct
Sep
Sep
Sep
3% Nov "
19% Nov
2% Oct

Apr

Sherwin-Williams

36%

14 »A

5% July

29%
4%
29%
12%

23

1
1

Sheller Mfg

10%
40%

,10%

—25

preferred

Pacific Power & Light 1%
Pacific Public Service

$1.30

•

25

_

—'

5%
32%

12% Juri
10% Jan

>

J

1% Nov-J

;

300

5%

5

Safety Control
Serrick Corp class B

7% Nov
26

Oct

Nov

32

.

5

Oct

3

3

1

common

stock

Sentry

P

1st pfd

preferred

Lighting

Jan

Jan

6% Oct
16

100

5

2,200
000

4'A

g

35% Jun
15% May

13,500

31%

:

9% Mar

Oct

8% Oct

*

Semler (R B) Inc
Sentinel Radio Corp

16%

■■<!■

•

Pacific Gas & Elec 6%

5%%

Jun

'

;
;•

800

16

High

Sep

5%
21

$5.50 prior stock
25
Allotment certificates!—-i.—

22

f

9%(

13%

1

Shattuck Denn Mining—^
Shawinigan Water & Power

7'

6%
16

•

.

& Hardware

Convertible

18% May

Oct

31

32'/2

Inc

Selected Industries Inc

55
1

.

1,700

-

'

*

Jan

54%

12 % Jan

;

...

Securities

V'H''
'•/V

10

2%.

31

1

41% Jun
118

39% Sep
8% Sep

1

O'okiep Copper Company Ltd—
Overseas

Oct

113% Jun

"300

50%

Feb

6

Nov

30

10

*

'
;

;

75

9

1

United Filters B
Inc__

2%

2,900

115

49%

50%

15

Distillery

Oliver
Omar

3ft
30%

30

115

1—100

7%
3%

1%

*

common

Sclby Shoe Co—'

2%

2%
30%

4
*

common-:

preferred

3'/a

1

Manufacturing
Steel

Segal Lock

Power

.8%
*5%

25

common

Scovill

Seeman Bros

Ohio

2,800
1,900
13,600

27%

3%
2%

*

common—-————

Securities Corp General

Ogden Corp common
Ohio Brass Co class B

7%
29%

29%

Jun

Scullln

32

30%

Low

> 9%
7Ya

1
——5

Corp common—

Savoy Oil Co—:—^—

73% May

54

33%

44%

1,975
1,800
400

52%
31%

53

Apr

350

%

33 %

20

Rahge Since January 1

High

7

7%

St.^ Regis Paper common—.•
Salt Dome Oil Co
1

12%

106 :

Northern States Power class A—-—25

Natural Gas

13 %

Feb
Oct

St.

Jan

100

Northern Indiana Pub Serv 5% pfcLlOO
Northern

Lawrence Corpi Ltd-.*,—-—-•
conv pref
——
50

NOV

6% Nov

17,200

LUto

Shares

62% May

,

8

~6%

for Week

May

4

—50

Co

"63

33% Nov
34
NOV

600

5
—1

Sales

Range,
of Prices

Par

High

LOW

;

700

*

Utility Securities

Airlines

Penn

-p-

.35

—•

Central Texas OIL.—

Northeast

"iy:X V :

-—i—*

common

American

Northern

High

33%

North American Rayon class A
North

Range Since January 1

Shares

of Prices

Sale Price
Par

Week's

Last

Sale Price

.--i—1 ;

27/8

lOo
——10

—I—•
10Q.

.

■*

•: A
,

2%
8%

10

——

--w—*

lift

11

11%

/

2,800

1,300
28,800

ff v %

•

m-;*
•.,57

10%

—400"

3
10%

.37.

1,200

Oct

•

2

:

•

Oct

8%

.

Nov

19% July

Vs Nov

/..,-% Nov
.11% July

"77/8iNov

,

-

'

;.r 50

8%

63%

Feb

.

n

.

v.V1". 1/V

fVolume

*

>

a

*

Sfi

"wj v

■'•'"•n'

.-pitJ •Yntr^.'O' W

> •

■•'-•v.'1

-!.•'**+>**,

.

<■

THE COMMERCIAL & FINANCIAL CHRONICLE

N

164

11

••.

NEW YORK CURB EXCHANGE
RANGE FOR WEEK ENDING NOVEMBER 29

STOCKS

Friday,.'7> - Week's

-

Last

New York Curb Exchange

-

United? Aircraft

Products

United

Chemicals

United

Corp

United

Elastic

common

High r

-

7 LOW

^

23%

5,800
200

%

%

12,800

participating

14%

15%

22%

24%

837/a

15%
24'A

83%

/

n

700
10,500
10

137/a

Oct
Mar

Amer

United

A 7s

series

k

377/a May
85 7 Oct

United

284

"1%

Shoe

1%

70%

71%

common—

«...

United Specialties

series

A7s

V

200
8,200

16% Oct

commdri^i^A^.**^
—.

*

3

1,300

77;

3

-50c

2%

3

...11 Va

3

v

500

•

-t'

Oct
Nov;

20

4% >4%

7%

Jan

; 900-

Power

&

36

—1966

J-D

$105%

M-S

$112 >115

2022

Light 3%s

Conv

deb

N

Y

State Elec &

•<•».

■

■

10%

1
1

Venezuela Syndicate Inc..

8%

2%

145

Sep

57/a

12

Sep

2Va

27/a

12

—

13%

Sep

96 L

6 %

6

-20c

-

Vogt Manufacturing

11%

110% 110 %

—5

Oct

Ohio Power

Jan
Jan

,,

12%
24

•$'
Pacific

110

5

34

Waltham

Watch

WeBt Texas

lO'/a

Utilities $6

Af-8

1.25
•

Inc

mm— ww

—m mm

Weyenberg Shoe Mfg

SkWilliams

(R C)

<* *

1v'-;

..

'

•

M-S

Products

Wlllson

Industries

2%

8%

29

14%

M-S

97

1013/4

99%

97

101%

—1961

M -N

97 Va

101%

$106%

>

1948

105 «/4

A-O

108%'

101
10277
103% 104%
$105%
,

100%

105

101%

105%

105 %

107 %

5a

m-"N

1964

J-J

/; 'V.

: ^

__

>

102

.

102%;

44

J-J

$9%

'

.

10%

108
109%
104% 109%

P-A

$102%

102

1955

—

>

108

Af-S

k

$104% 105 %

.107

7

1964

J-D

1949

J-D

Corp

4%s B

(Can)

$74

81

1073/4

•

*>***'

-■

$155

California
California

$104

'105%

102%

1952

Af-S

1951

A-O

3s

1965

M-S

106

3%s

-1970

A-O

Gas

$120% 122%
99Va 99%

1971

J-J

1970

F-A

M-A

14

36

J-D

N

J

4S

A-O

-1949

Uiiited Llght At PoWef CO*—
let lien 8t cons 5%s

3J/a

108

Last

Period

Sale Price

United Light &
6s series A

95%
36

$35

40

>:

$104% 1053/a

106%

10674 106%

1959

$103% 105

:

Railways (Maine)—
——1952

105

Utah Power St Light Co—
Debenture 6s series A————3022

Etotel-^..

.■

C U ? ■.'

:

'105

$112% 116

A-O
J-D

115% 115%

P-A

104% 104%

M-S

1959

^y768%;S0r%:

66%

J-D

Penn Traction 6s——.I960

$108%-.
$106

:

—

106

109

3

115

126

100% 104%

108% 109

A-0

"2

120

4

120

Foreign Governments ^

High

$101

108%

J-J

116

Range Sine#
January 1

Sold

Low

High

102%

101% 102%
101

111%

120

124

99%

3

103% 104

1964

1081/2

55

.

101

1955

City Electric 3%s

Bond*

Friday's

Bid Ss Asked

101

Assoc T & T deb 5%s A
Atlantic

Low

7 111%

—

v

■

?
A 5s income debs
-—.——1954
Wash Water Power 3%s.———1964 •
West Penn Electric 5S——2030

10,100

or

J-D

—1953

108%

Week's Range

Friday
Interest

bonds

103% 107%

108

94

J-J

J-J

Electric

Western Newspaper Union—
6s conv s t debentures-.

J-J

7109

22%

2iS

1961
1970
2024

108%

405

$100% 102

ArO

United

9V4

Waldorf-Astdri&

•

1013/4

105 Va

105%

108

126

98

106%

$104

108%

120%

105% 1053/4

Edison

Corp—
'
A7-4s'3d stamped—U—194&
BtinneSk(Hugo) 'Industries— -r '
:;

£1

4%s

104

172%

k

105% 107%

J-D

West

Electric

101%
157

-*;•

...

A-O

Stinnds .(Hugo)

11%

Called

105% 108

.*7;

163

.

•

'-'T'f..
—1979

...V

...

•

19

10%

Associated

91

104

1073/a
1033/4 1033/4

M-N

"

—.

91

107
•••v

perpetual certificates

A7-4s 2nd stamped
1946
Toledo Edison 3%s---——^-—1908

Woodley PetroleunL—
——'—1
Woolwortli (P W) Ltd—
American deposit
receipts—^——5s

Writing Paper 6s
Appalachian Elec Power 3%s
Appalachian Power deb 6s

106%

109

1970

-

Exohango

t

.

108
108 Va
$104% 105%

Spalding (A G) 5s———...—1989
AStarrett Corp inc 5s———1950

-*-10

BONDS

.

47

A-O

-

i.

•.

,

A-O

-

Light 5s

Southern

--•

14

Amer

103%

f8%

-1968

Safe "Harbor Water 4%s
San Joaquin Lt & Pwr 6s B__
Scullin Steel inc mtge 3s

10%

Curb

,

•

106%

:

10%

New York

101V4
v,

1959

13%

20

Wright HargreaVek Lt'<L—•*.-

105%

105%

14%

41

13%

8%

;

115

104

v

———-2

J; 6% preference

;

$107

I

11%
6%

18%

Inc

HI

78.

J-J

10

Inc—

Wilson Brothers common
:•
t% preferred w W—-Winnipeg Eleo common B
Wisconsin P St L 4%% pfd—
Wolverine Portland Cement—*
Wbodall

-

112% 1123/4

J-J

;p
Queens Borough Gas & Electric—
5%s ; series A
-—1952

6V2

29

—X

jjy.=•>-'•

108 Va

99%

(Calif)—
a
1st' mtge 3S——
Southwestern: Gas, St Eleo 3Vis

——10

St Co—
' "'J •' -r/-

108%

104%

Southerii .Counties Gas

—1

Whitman (Wm) A Co
Wichita River Oil Corp

103%

104% 105

1971
":

-

..

Southern

West Virginia Coal St Coke———5
Western Maryland Ry 7% 1st pfd—100
Western Tablet St Stationery com
•
Westmoreland Coal-.
20
Westmoreland

104

J-D

^ 3 y4S

4%

2Va

1

preferred

57%

57%

$106% 109

6%

8

.

—

104

59
105

;

A-O

f±:\

1

Ward Baking Co warrants
Warner Aircraft Corp
Wentworth Manufacturing

102%

$103

J-D

36

4%

Oo_

107

104

F-A

J-J

13

—•

-

105%

Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964

'

Class B

7

99%

\
Sinking fund deb 4s
Public Service of New
Jersey—

•

112% 115'/4
109
111%

2

106%

105%

99 Va

Public Service Co of Colorado—
1st mtge 3%s

12%

55%

104%

•—

110

Park

Apr

Power

Wagner Baking voting trust ctfs «Xt—•
1% preferred—
100
Waitt & Bond class A_
•

101%

98%

1st mtge 3V48—

i'r 'K.-:
Power &

-

:

Waco Aircraft Co

85 Va

27

Jlf-N

1st mtge 3s
•'

Jan

4% May

11% Sep

89
36

J-D

Gas 3%s—

Vv'

•

60

103%

106 »/4

& Westchester
Ltg 4s
2004
Continental Utility Corp—
A5%s series A (90% redeemed)_1948

;

U.'

-

63

983/4

J-J

North

'

100%

J-J

N Y

Valspar Corp common
j
$4 convertible preferred
Venezuelan Petroleum

•

197®

v;Debenture ^51QS4

-H.

100

>

1969

—I——Hi 950

5s—

New England Power 3%s
New England Power Assn

4Va Sep
19% Sep

2,900

>

85%

J-J

New Amsterdam Gas 5s'-«—,.^1948
New Eng Gas & El Assn 5s
1947

Oct

20% x21

J-J

—.1963

Nebraska Power 4%s———.1981
6s series A—
——t—2022

Aug

Sep

20

Utah Power & Light common—

J^J

1952

Superpower 6s

60;

32
30

Feb

v.

—10

Universal

29

1957
—

59%
'65

32'

1952

5s_

65

'

jr

.

>>20% May
8V2 May

;

^'/a.Novvt,
22

—10

Feb

loo -;

Products Co/ common— —10
Utah-Idaho Sugar
—5

Insurance—

Power

F-A'

McCord Corp deb 4%s——1958
Midland VaUey RR—
.
Extended at 4 % to——-*-..1963
Milwaukee Gas Light 4V2S
1967

7% Jan

Oct

400
-

17%

2Sep.

1,200.-.

„

3%

Kansas

30% Jun

.

HtQh

29

28%

1952

Kentucky Utilities .48——^.-*

July
24% Apr

Mar

86

-v

12%

11%

"

.15

>

'—mm "7

U S Radiatorcomraon—iu-*u s Rubber
Reclaiming————.

Universal

Apr

7

Low

J-D

1957

-

-

Electric Power 3%S
Kansas Gas Eleotric 6s

Jan

84 Va

'

preferred with warrants..

Universal Consolidated Oil

4-1

Kansas

49 %

tmmm

International Securities—

1st

United1 Stores

12%

46

January t

Coupon) ——*1957

P

(July 1941 coupon)—

Altallan

Feb

Sep
10% Oct

i

Range for

Sold

No.

.

Aug

Sep
Sep

69%

\ 4m-

24%

23/4

and

294

Jan

8

19%

.

9%

'

Jan

1% NOV

1,900

11

U S Graphite common—*—
$5

E

Aug* 1941

A7s

Aug

43/4

il -r

'

nj

common——.

U S Foil Co class
U S

300

4mmL

Machinery

Preferred

,

8% Jan

mm mm

*»«•

RR & Canal

Profit

Sharing10% preferred

>

-1955

Debenture 6s_—*

dep rets ord regis

United NJ

Bends

^

A6%8 (Deo I 1941 Coup)—1955

"

•

High

frK ■

AGVas series C

Interstate

United Molasses Co Ltd-*-

Bid A Asked

llnternational Power Seo-^

Jan

101

Week's Rang*
or Friday's

Last

Low

May
21 Va Apr

Jan

>',

Oct

60:

Sep

20Va
47

preferred--

*

2Va

Feb

Friday

Exchange

Sale Price

34 Va May

Sep

95

•

8

23% Nov

Curb

High

5% NOV

32

—

New York

Range Since January 1

Corp——.*—..

United Light & Railways——.
United Milk Products

$3

,

6%
24Va

>11

United Gas Corp common—

\

Shares

5%

*-■>

—.

warrants—

'BONDS

for Week

Low

6%

com—.

Sales

Range
of Prices

Sale Price

101

$106% 108

14

BONDS

104%

New

Curb

York

102%

Interest

Last
Sale Price

106%

105

Week's Range

Friday

Exchange

Period

101

108*

Low

or

Bonds

Friday's

Bid A Asked

Range Since
January 1

Sold

High

LOW

■>:

High

Agricultural Mortgage Bank (Col)—
Bell Telephone of Canada—
1st

M

A

1957

series B

5s

:'k 5s series C——;

I960

Bickford's-Inc 6%s

J-D
•

106% 106%

,vM-N

—1962

A-0

Boston Edison 2 %s-—-.1970

J-D

i'"!',v^f"V

'

'vi\

,

117

104%

106

104% 104%

120
115

———1954

'

81

80

81

M-S

833%

82

M-S

58 %

Af-S

104V4

Cony-deb 58-*.*i——1950 ">' ;-'F-A

•57

102%*

A-0

103%"

A-O

105 Va

—1969

Valley 7s——7—^——1948

.103

1083A

Danish 5%s

67

110%

67

112

Danzig Port & Waterways—
AExternal 6V2S stamped

58%

\

;

72

50

•

/

2%s series R___—

'

73

103%

ALima City

>

J-D
J-J

106%
<•*>.

■u

—

>7101% 1043/4

44

103 Va
'

107%

.105

•

»34

109%
7.'?

7*

;«>>> 7

7;

vt-;■

'j-,

106 Va 106%

r ? m

*102% 105
."-104% 104%

105

®

A-0

no

•

108%

cri037/a': j06%

(Bait City)—

-——1954

1952

6Vas stamped 1958

(Peru)
"

107 %

tMaranhao stamped (Plan A) ;7>
Interest reduced to 2%s

v

.Rt^}^

" ■

Tt'.,
.

>.:

Lackawanna of N J,division—
1st mtge 4s ser A-*—-——1993

W

1st, mtge 4s ser B———1993

,

J.-

A7s

(issue of

H'j

A7S

(issue of Oct. 1927)

;

•

usn

mo,

v f 7-

vv~pKei%

Rio de Janeiro

May 1927)

Green

Mountain

4s

40

—

103% 107%
124

..

T!

Power

3%s

'

7.cy
1

t,»

•No

series

Indiana
1st

ser
B__—^

Service

lien

&

ref

A_

JSTpV^

1963

(1,/%
106.

106

*103%,*^

5s

*102%

5s—J.

104%: 104%
$106% 107

Indianapolis P & L 3%s.




__

22

31%

94

94

F-A
J-J

$167:

33

$—

21

O

!.•>'•

:

$89 >;. 91

'

92

3

31%

M-S

3;..

'/mtm

,105%
-

105

-

99%

89

97%

27

32

20%

23%

31

•5^.7"..—

36

7

:«

>0

k'Ik

*? '.«

/'

•

J

'

''

.0^-

M-N

M-N

-sk i

$30
$31
$51

1947

•

7..

.,,.7-1

A-O

|.

mr*

..

'3

98

fi

98

$-

J-D

44

'\m~ "x

—

7

52

i

50%

53

k

20%

rr

$20%
Ta

■

50%

——

$51

J-D

.

27%

90

99%

37%

41

Tvi

-

2012
1919

1921

-T-

value,

1

102%

110?
106%

r

104

7104 >£105%?

105%

<*

^r'

103%

a

7

0;^

Deferred

delivery

liale.

e Odd-lot

gale.

t Ex-distribution.

n

,

N. Y. Merchandising Co., Nov. 27; at 18%. ,
Bid afid. asked prices; no sales being transacted during ettrrant week,

Suf, ^ at" 27%;

$Friday'a

traded

^

IReported in receivership ' *
'
>.7.Lrj.,-_ .."'.V
77:7-'>
Tdbbreviatlons Used sWe^Cod.'^ cevtyiCfttes Of de^Slt* ^'oons^ consolidated; "eram." <ramuln

*Hwr~^v^-06nvflrtlMf^"M>»;^^
"v

d Ex-Interest.

Under-the-rule sale, r Cash sale. x Ex-dividend. y Ex-rights.
following -cash sales are not Included in the year's range:
Hammermill-Paper Co.,

Ex-stock dividend;
t The

1950

par

aiA j&Bonds being
6s

2

83%

130

Guantanamo & Western 6s——1958

Hygrade Food 6s

2%_.

Goveffamenf ^eVaS-'i'-

A5%s

1948
:

85

22

J-D

stamped,(Plaa A)

redxreca 'tb

Interest
A Russian

g

AGeneral Rayon Co 6s ser A

78

2008

AMortgage Bank of Chile 6s
1931
Mortgage Bank'off Denmark 5s_
1972
Parana stamped?C(PlaQ A) 7 7 • 7/
Interest reduced to 2y«s——2008
•,>
;
it I
: - 7
'
•:>

..

Grand Trunk West

•.>1:7

1947

stamped
Mortgage Bank of Bogota—

t.

Eastern Oas & JPuel 3Vz8———1965
Elmlra Water Lt & RR 5s
1956
Finland Residential Mtge Bank—
V; 58 stamped
—1961

78

22

M-N

78

1951

AMedellin 7s

•

Delaware Lack & Western

J-D

.1

2

78

J-J

78

,

1'

—1981

—

78

—

•

11

105% 105% "

«

1955

——-*—7-1953

5s

A-0

'

55

102% 1023/4 .7
'103 % 103%

•7,:,;v.77 >;

bas

Consol
El Lt & PVr (Bait)—»
1st ref mtge 3s ser P———1969
1st ref mtge 2%s eer Q——1976

Gen mtge 4%3-

ACauca

14

"

,

A 20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)

74

103% 104%

Debenture 5s—.—1958

April 1946

6

v.

84

Debenture 58———

Consolidated Gas

r

20-year 7s

Extended

5 A Chicago Rys 5s ctfs (part paid)_1927
Jan 1966

1 st .ref

110%

115%
IIOV2

«...

7 ;r;.i

110% 110%

J-J

Cities Service 5s
^.

$116
—mm

2

11

IA Central States Electrlo 5s—1948

A5%s

7

i," when Issued; "w y,^ with warrta^s; "a;

"v 10,M voting trustcerttflcatea;
w,"-without warrants.

THE COMMERCIAL

Monday, December 2, 1946

OTHER STOCK EXCHANGES
'

RANGE FOB WEEK ENDING NOVEMBER 29

Friday i<v- Week's
Lasf

Baltimore Slock Exchange
Wednesday < Week's
:Chy^'/Xast ••'v< Bance

STOCKS '
y

fale Price
'

,

Par1"

Arundel Corporation

-

Preferred v$c

8

41% w 4Q%

100-

Pldentv

«.»nnr

*

Western National Bank———20

Transit

Baltimore

44

4s———-1975
1975

.

44

92

(

92%

99%

$16,000
10,000

20-yr debentures

87

30

—

50

50

18

600

11 %

12

450

May

Mar

Central S W pUtll tonun0n^ii^iii50b
Preferred T——
,
T?

•

-

10%

10%

35

21%

Oct
12% Mat;
16 ? 0ct
I 1l/„

; •

Wph

OO

;

35

20%

Jun

300

39

May •' !

50%

Apr

Central HI SecurCorp common—i._.l
Convertible

APr

preferred

,*

unicago Corp common

July

2

>

...

-

'6%
164

1%

13%
6%
164

'

2

60
v;

113

900

14
0%

300

166%

Jan ;*>

I

110

15 Vb

211

i

Feb

25

500

May
July

■

i

'

•

■

17% May

i

28%

Jun

•

14%

l

,

•

f

5% Feb

Jun

f

65% May

„

50

1Q3

103

'

—

r

26% Jan "
*17% Feb ; <
30% July n

.

TJrwv

*

(subordinated)_

■

250

Central -States Pr Sp. Lt preferred--—1
Cherry Burreli Corp common
5

101

49 % May

Sep

100

-

110% 111

;i,

! Jan

^

High

L7

19

13 %

21%

lo

^5% Jun

Jan

-a.

10

common-.

-

45

Jan

94

Brothers

•

il

58
£4

•'

42% Jan

44

Bing vnommon^-i-i-

'Castle & Co (A M) pommon
Central Illinois Pub Serv $6 pfd

68%..IfOf

16% JaA

42

250

19

12

Bange Since Jannary 1
Low

33%

13 %
17%

j

68

Sen

38

1

Shares

High

33

10

Piston-

Butler

May

28 ^

common..

Brewing Corp—;

Sales
for Week

"

"Burd

31% May

4% Feb

-

,.C'J88''iV-;AO%iOpt;

:

99%

92
—

-

39

4344

44

V

10

281'

Vernon-Wpodbury Mills Inc— ss:-

4%

,

Co

Al.

series

5s

Mt

s.

*

.

40

39

39
' ••'• •

_

Rn"

.

.

41% J.,, 215

40

—

^

" : 135

0%

33 %

ftorg (George'

Wo!*:.<■

$oir
21 * Noy

CO

Mlg

Berghoff

.

.

22%

22
-ays

Beiaen

Range Since January 1

Share.

High

Into

(V

22%

.

Fidelity & Guarantee Fire C9rp~-^—l(l
Mt Vernon Woodbury Mills coip_,—20
t

,

Co common *10----—<—*

i'ratiMi

bui>

pastlah-BIessing

■
Exchange closed on Thursday (Thanksgiving' Day% NotranSactlona
being made on JTfiday, the closing #al$ shown is for Wednesday Nqw07.

J

of Prices
Low

Sales
for Week

efPr^f

Ban re

;i

Sale Price

103% Nov

99'A Jan

Southerner -^eg-ia-—L-*

Chicago As

Chicago Towel Co com
Chrysler Corp common

—*

cap-

i

5

CommonwealthEdi6oncommon_28
Consolidated Biscuit common
_1
Consumers Co coin part sh

ytc B
f
hew__
__10
Domestip IndustriescWo^lasAyk^—-X
Dodge Mfg Cprp conxmon

STACKS

-Friday.

.

Week's

'

Las#

.

Salee
for Week

^ -

Bange'

r~ ■•■■■.

•

....

WlA<»trtw

37%

38%
39%

Refining commph—100.__
Tei A Tel..———.lOu
167

American
^''•
Rights

4,591
245,196
721

^

—49%

woolen

Bird & Son Inc

:

Boston

__

ftR_—.100

.

—100

plSton ElevatfCd Ry._——

77%

-

19%
159%
1J8
30%
3^%

.

52% Jun

219

68% Feb
20Q% Jun
2fr Nov
70% Jun
51% Feb

Nov
Oct
Jan

Oct

Fitz

225
105

15
120

Sep
Oct

Simons

Dock

1,019

44

Mar

235

72% Sep

a

Traveler Corp

Herald

Boston

i : £7%
.

'

5%
5%

4>"

Maine

•

35%

270

34% Nov

45

34%

"35%

37
—

6%

B stamped——.
——100
C stamped—
—100
class D stamped———.—100

8%

class

—

1%

class

i

—

"

10%
Boston

Personal

:

Boston

Amer

Jun

Trust

37%

5
6%
7
7%

5
7
7%
7%

•

91
Jan
20% Jan
21
Jan
22% Jan
23
Jan

35% Nov

222
5
405
62
25

5
6%
7
IV*

Npv
Nov
Nov
Oct

U

t :;

6%
5%

"

Steel Prod common
Interstate Power $6 pfd

^

Rennetutt
•

•

'r'

.'*

Leath

'ft*.

y., ■.■■J."*)'

Marshall Field & Co common
Middle West Corp papital
Miller & Hart fnc common vtc
$1" prior preferred——

North

Old

Colony

Potter

*''

(

Rutland

RR

r

preferred

(The)

4,

.

1

common

1

Car common...;

20

"A

>

,

t

!

-

capital
Sears Roebuck & Co capital
Schwitzer

Cummins

Serrick Corp class B common—
Shellmar Prod Corp common

Signode Steel Strap Co com (new)

^

Feb

South Bend Lathe Works

Feb

Spiegel

•

52%

•

Co

cap

*

Inc common
Nat Stockyards cap
Standard Dredging
pfd

(new) —5
2

Drug

:

Jun

6%

.=

Feb a

40V4 Aug

24%

|

Jan

49%

Apr

12 V'i

Jan

i

4

20%
20%

Jan

Jan

1

.Jan

——20
————-—1

28

Feb

Common

;

Feb

i

8%

OllpfIndcapit^L.--—».—10
Furniture

.A9 %#ay a

10

common—

Sundstrand Machine 7bol coppon—ft
jP^lf^'^-:Cot'«apitaL-^-^^i^^^0;

-Trahe-' po (The)
——-•

Westingbouse Electric pofp

II

39% Apr

§unbefp Corpt commoni--i^.*-----t

preferred
25
——QT • yl ; ..—10
Smelting Ref & Min common—50

Waldorf System Inc

59% Aug
45

Standard

28

U S Rubber

U S

Feb

29%

53% Aug

5

Inc

United Shoe Mach common

i;

May

9% Feb

*

St Louis

23% Apr

5

Twist DriU

United-Rexall

May

16

37% July

Storkiine

»

14

47%

"

1
•
1

-•

Sinclair Oil Corp

3%
19 %

*

—

Fruit

Co

Public Service of Colo common

.100

Shawmut Assn
A Webber Inc—,

United

1
8
50

capital—

RR

T'-'v

7 7o

Stone

Union

100

common

Pressed Steel

*
100

50
25

Pennsylvania RR
yV Qulncy Mining Co
./•v

10
20

common

Peabody Coal Co class B com

*

y

>

1

preferred
Mfg

Pennsylvania

100

——

Jan

—10
...*

common.

American Car

7%

piping..—————2.50
RR

Feb

Bancorp common—.
...♦
Nor West Util prior lien pfd——100

1

Pacific Mills common

35

Northwest

New

Butte

Standard

National
.*

Oak

England Gas & Elec Assn—
preferred
———
New England Tei & Tel

Nov

♦
1

Mickelberry's Food Prod common

^,1,

5%%

Jan

10

11% Mar

*

preferred'

19

7
1

common

1

Assn Inc

p, National Service Cos————

North

I

13

Co

&

$3.50

—100
—-«—*

—

*

50

gjlndsap

•

Nash-Kelvinator

I

pfd

cum

Muskegon Mot Spec class A-

i

Rac'g

V

~W

Libby McNeil Sc Libby common
Printing Co: common

—15

iy Maine Central RR 5 % pfd
:
Mergenthaler Linotype
Narragansett

-" '

•

Lincoln

•

Copper
-Jr' •Viv/'f';'

'•

Kentucky Util jr

—

Hathaway Baking common
Isle Royale Copper

"

—1

Indiana

—1

Electric

10
100

Indep'Pneum Tool (new).——

•

Gillette Safety Razor Co——

25
^

.

,

Illinois Central RR common

*

General Capital Corp
General

y

1

Werner Motor

Hlinols Brick Co capital—.

;

:

A

1

-10Q
100

...

.5
J.?

commons

3

; Employers
Group Assoc.——...
*
J; Engineers Public Service..———1

$ First National Stores.

*

common

(H W)

capital
FaftsJ—
Hlbb Spencer. Bartlett common

—100

SS Lines Inc common—

Eastern

Inc

1
*

Heileman Brewing Co G

1,,^

1st pfd series A
preferred adjustment—li

5
10

common
common

Bein

4

Common

Corp

Hammond Instrument Co common

—10

Cities Service

y

&
.10

Great Lakes DAD common.—

5

?■': Eastern Mass Street Ry—

1

Transp

Bros

Co

Gossard

*

Calumet & Hecla

&

Goodyear Tire & Rubber -com

4s Providence KK-—-■~—100

Prop

Connell Dredge

common

Motors

"}?' I

A

15
1

Refrigerator Co common
Gillette Safety Razor common.

./ ■]

RR— i'-^v"j

prior preferred
100
class A 1st preferred..—..—100
class A 1st pfd stamped—-.100

A

. .

com

86% May

; 76

35%

fWp

Gibson

Goldblatt
Boston

&

Co

General

25% May
150 : Apr
55
July

78%

■

Flour- Mills of. America inc—;—
Four-Wheel Drive Auto
:
General

W*

127% 129%
47Vs 48%

127%
Edison"—.—LU-———i—28':^ 48%

;

39%

*i;, -210y8

——

Boston A Albahy

J

"

——50

Anaconda Copper

:

2&

—:—

American

<

TThiia»hft1rf. ITMt

Elgin Nat Watch Co jaew
Eversharp Inc common

Rlflh "

■

37% Nov
Mar

67
£0

101 y8 167
Mi
2^
.;40y« 49%
37% 40

American Agri Chemical Co
American Sugar

'v

^

\:

v-

commomi-L-^i^^-2^

208 South La Salle Street Corp

—12%

)7 8 Steel common

,l,lli./,IIVi

n

cpm—f.
.,^,

v%

Westinghouse Eleo 8s Mfg eomj.^.12 %
Wiebaldt Stores Inc cum pr pfd-:—--A
Wisconsin Bankshares cpmnion——t

^gtes-Amer JJach

Chicago Stock Exchange
STOCKS

Mne

Sale Price

,

Allied

v

,;

Shares

0

6

9%

—

•-;<

Labo^?|es gp^mp^....—}^4

American Tel ds Tel Co capital——100 :
Rigbta w i—..J
——...4-.^.—
Armour A? CQ-.coromomry,,;
—8V
Asbestos Mfg Co common
• -j

164%

Aviation Corp (Delaware).

—I?;, ',%„:■

For-footnotes sea page? 2868.




300

W

161% 164%

^

0c#

a

^

*

160V« Nov

200

41,400
1% Ocfj
1.500— 10% Sen

■■■^■4?** ;ll^
—

-

3%

,450

2% Oct

10%

10%

200

:,4%
6%

4%

9% Noy
4Get
6% Nov

3
>

4%
0%

:

...

6%

200

•
<

1,800

,

<

'

;

i

13%-Jan

^

14% ■ Feb

>

V

S| fe?y

^

.

A^ney Prodnbts capital
:
4
Aptomaticr Washes comraom.—-^0

20%- Feb

-

6%^

% 8ea

>

Alleghany Corp
.
■■
American Radiator A St San com.-.
American. Rolling Mill
^
Anaconda Copper Minfng^—,——-.

Bange Binee Janasry 1

"

of Prices

r-'*-' $Vz

5

Unlisted Stocks—

f„%

Admiral Corr• commonr^^iiiSJL-il'
Advanced Alum Castings
h ,
8
Aetna. Ball Bearing - pom«no£)^^~.|

cap——,-—--

:

109% May

-

/ Z^Nof '

1

Certain-teed Products

;

l$%May

.

.

v

.

'7%- Feb^

20% Jun j
*8% Jan: !
<14% Feb '£

—

polnhihla Gas AS Electric.
•

V

^

;

•

'

'

f

Continental Motors —.

Cutti8a4>Wrlgb# ^

<

-

25% July
13% May
y-

-

.

i /

20% pet

42%'Jeb:
10% Apr

General

Eletrtartc.Co—

Graham-Paige Motors.

•51% Feb
13% 'Jun
*'?■

i

■THE' COMMERCIAL

Number 4347;

Volume 164

& FINANCIAL CHRONICLE

OTHER STOCK EXCHANCES
^ f

/Friday

STOCKS

~

Weifr»r;«//8ales'% ,*w/;
forWeek

•

'

Lut

Sanft
of Prices

8a)i PriM

Loto
Interlake

Iron

Corp

m*'w

•

common

Laclede Gas Light.—

...

<

■

•>.'

•

,

Wf

Low
'

10%

-

? Z:

8hares-/;.//Ba*g0 StaiteiMBMf lr

High

10%

6%
^,^34

.

—

RANGE FOB WEEK ENDING NOVEMBER 29

JSigh

.

100 ;v, 10% Nov

WATLING, LERCHEN & CO

20y» Feb

5% Oct

,

v 8% May

i•

Members

I

Martin (Glenn L) C'0 ;cbmmon..„) ,»...
♦JashrKelvinator
Coip—
——8
Vev York central BR capitals
•

^ North American Co..
?

eon

4

Motor

'

Corp.

Pictures Inc

-Pepsi-Cola

Co

new

* /Pullman Incorporated
Oh

i

'The*

Co

.<;••;

6%
'-6%'

—

'

6%
-«%
12%
121/4
32
32%
:32
-32%
25%
!'25% 26%
6 Vc
6%

>Z '.W

<

'

"

,

W

21

0

common

■

;

v,

_

•

New York

Chicago Stock Exchange

Ford

-

4

Feb

20

27

13%

-V.

*

NOV

•••.'-•.•67

15 y«

Oct

25

Oct

14

,

>19.

Jan

:'y28 •••;/ ;Apr.
!40%. July

13% "Oct

••

11%

20

miii

.

.100:

78%May

11 Ye

■100

20

11%

1

18% Jun

62%/Seb

common

22% May

Oct

•:18%Ocfr

7%

7%

1,100

IVa

3%

.3%

2,400

13%

100

STOCKS

Oct

■

Last
'

'■

May

——1

Products

| United ; Corp

)0 8 Rubber Co

66%

common.

common

Sep

Products

Adding

Continental Motors

Crowley

/Davidson Bros

8 T oo K s

':8ale0

Week's

Friday

—-.1

' 24

Detroit

—.5

Gray Iron common
Detroit-Michigan Stove

.

Bang*

far Week

Shares

Detroit

Bangs Staee January 1

<

,

it
'

Beau

"

.

32%

26
—^.100

Machinery

Laundry

Brummell

'

Low

Hiffh

LOW

p#r

j i American

33%.
7%

7

Nov

7

150

Paper & Fibre

i

23%

23%

—*

new

422%.-. Oct

25

10
34%

25% Oct

Friars

3%

*

Ale

100
100

8

650
650

23

815
815

Cincinnati

Gas

100

pid—

Cincinnati

107%

107

107%

22

189

27%

27 Vb

,

Union

Gat"/Wood.

Feb

Gemmer

13%

13

13% r

Oct

20

May

98%

97%

98%

24

86

Mar

106

May

General

Finance

*

Yards

Stock

292

115

Oct

50

Telephone

12%

12%

12%

25

10'/2

Apr

15

July

General

Motors

99

99

15

99

Jun

11%

!

-Feb

17

May

3y4

'■

36% Aug,
18% Nov

1,525 ;
V *11;;

100
100

11%
6
2%

Sep
Mar

.

.251
251

;

Oct

4%Mar

■

.V XZl i/Jua,
V
6% Feb

'/ 400
'./^•AOO/'/Z;:2. ;-Noy ;y'!'l/'v5

May!

28% Nov

Sep

106%

73

tr

50

Cincinnati Street

;: Cincinnati

27%

luo

common

Apr

'7

Nov.

3

,

Feb

,28

v

18% Nov

'

Cincinnati Gas & Eleo

9%

v

V

18% /

6
2%

.

Oct

^Sep

,200

'11%

'

16% July

Nov

5%

"23

,i
/

'By#

;v

11%

•

7%

:

840

1,386
1,386' y

3

-

| 13%

l

Oct

10 "
36y2

3.

.i.

1

,U

Frankenmuth Brewing

935
//"/935
H

-24%

-

23
Feb,
'23% Jan
23
'May

-OH

10'/«

100

5%

5%

__

/

7%'' B
24

-

2
__l

Truck

Motor

Federal

12% July

10

■

t

,

common

—

Electromaster, Inc

46% Jan
;

'

Champion

Corp

common

17% Nov,

100
100

5%

High

.>'32%ZNQ*/v-

124

'

_

Steel

New

:

260

10%

/.,.:•

i _J

10
r__20

—

7% Peb

-V

«

18%

10%

10%

10%

•Detroit

.

ef Prices

"••Last : V
8sle Fries

—*

Detroit & .Cleve Navigation
Edison common

Oct

10%

__

Oct

5

Nov

3r

«.

.
.

17%

l

Milner

..

13%

__

lo

:

31/2

,.100
.14.% JOct.
.15% Oct.
14%
.100
Feb*
-2% ::^y/ .-10QV '2V« '.Oct :•/*.'/'-v.)5
/
100
13%
»
.700
700
13% Nov
*21%. Jun.

14y4
2%

>

__

.*
...

—

1

'

—.

__i

Machine

Cons Paper common—

Cincinnati Stock Exchange

Esnge Btnei Jaaaary 1

v

ZVn
3%.,
'. 100
10o>
'200'J/
' "3% / 3% •y V200

;

—

2

fBrown, McLaren common.......
)Burroughs

20% July

•v

/'/

-Metal

;American

v'86V4 Apr

Jan

12%

Shares

.

i-f fAimnEl^rio
:

/

Bange
ef Prices

i:?■/>;//£./

1/Aero .Nautical

"6% May

// Sales/■;

Week's

Friday
Sals Pries

38% May
-14

3%Oct-

13%

Sunray Oil Corp.

I! n'"»n As Co

(00Sd

Telephone: 'Randolph

Feb y

28% May

Feb

9

22

Curb .Associate

DETROIT

Building

32 i, Aug
38
r28%: Oct/
700 Z -28% Oct // /•; 38 • Aug
i ll
Sep
~ 200;VO 21% Sep: > ;, 37% July

9% -9%
26%*

,.^—25

^Standard Steel Spring..
Corp

i

10.%;May
10% May

NOV
Nov

——*

Brands common

Studebaker

New York Stock Exchange

Detroit Stock Exchange

■

(

{^Standard Oi| of N J_
,

12
12

:'ii5%/:i6%;

| iSocony Vacuum OU Co Ino..^Mt-././yl5
| "Standard

44Jan
>44 - Jan

<k

Oct

5% Oct
.5%H>ct

600.

-

1
j Republic 8teel Corp common———•
<■

-13%

1,300"

i

12
12

12%

:

Radio-Keith-Orpheum

,,|

500

/

59%

—2%
com.—1
—33%
•

Radio Corp of America common

■

32% Sep. -

K' >25 y« Jan
25Y*
15%
15%.
'-'-:37 • .;Apr
■ 15%:^l5%-r^=^400^^W^^<><5t^^-;37/;i;^pr'
Jan
26% 26%
300
24% Sep •;/,35 .35
Jan
14%
141/4

14

■<

'

a-

.•*

'

-»:>

-f.

'

h>—"

Paramount

-

*

x267/a
x26%

.

Car

Airwavs

4mer

-j.-

.14%
14%
f
r

10
.''A''-

Pacaard

.•■'

■

"

Mfg class A

*

—

./>.■' 41%

„

l'; /

'

__l

...

.—10

500
500-

9%"-v8%''-.

'/-.• -v; v-

>

-

103
103

41 y2

7V2

41% Feb ;/:

42% July

200

7V2

■

50 Va

—

16% May

Nov

8

172
/ / --.172~>- -48% Nov

50 Vo

v

'{■ / 8Q!

-

vJan •

.

I"

pfd

Michigan

Dayton

&

Gibson

0

Art

67%

15

57

-

45

45

105

45

I Nov

14%

267

11

,Mar

49

Mar

65 y2 May

14%
52

--

52

48%

52

*

—

48%

7
25

Jan

43%

Brewing
Graham-Paige

Mar

70

56% Mar

14%

,

Hoover

Oct

Gamble

«fc

Procter

f
P

Randall class
Class " B

|

Rapid

I'
||

U.

11

.•

11

57%

--

58%

"
*
;

S. Printing

24

*

;
—

14

75

6

122

Jan

11 y4

Jun

Oct

53%

465

.24

71

Apr

'

.

^

3%

24

43%

.NOV

31

...

■

Nov

14 V Nov

100

49

32%

49

50

3%

625

;/

43%

49

—-

25

14

-

May.

32%

Jan

8.%

~y.57'■■■■■::Jut!-*;

49

Nov

?!t

33%

27%

Jan

42

American

Oct

41%

%

Columbia Gas

Park

28

Rolling Mill

25%

25%

22 y4

*

31%

31%

•

Service

9%

10%

—-~

-10

49%

50%

—

21%

21%

20

Brands—

*

36%

36%

36%

•

39%

—

II

Gerieral Motors

I:

Standard

I

Timken Roller Bearing

39%

53% May

39%

Nov

65%

Raisin

?

Jan

Sheiler

Mfe

Standard

Tube

"B"

Superior Tool

:

Bange
Sale Prise

American

Coach

American

Home

y-1 American Tel & Tel.,

Rights

com

1%

2

;

'
—*
pfd
—•
Cleveland Elec Illuminating 4V2% pfd_»
Cliffs

Cleveland

3,913

35%

Nov

200%

Jun

Corp

—

Eaton Mfg;—
Electric Controller
Faultless

Rubber

20%

*

17

104 %

Co

(Un)

General

Electric

General

Petroleum

Bandini

Company

19

Sep
Sep

Consolidated

39

Oct

71

Feb

Basin Oil Co

1

60%

Oct

75

Apr

Berkey <fc Gay Furniture

17

Nov

20

Oct

250

.

Goodrich

(B

F)

al0% all%

1

Motors

(Un)

113% Jan
34% Feb

Sep

34

Nov

52

Barker

,

47%

Oct

80%

Jan

60

15% May

a60% a60%

25

59%

Nov

88%

a51% a52%

Goodyear Tire & Rubber common^.—*
Gray Drug Stores
*
Great Lakes Towing pfd:
100

100

so y«

Oct

21

Nov

21%

Cbica

Corp

...

common

...

Oil

'

.

:

^4^'^■ 4 -' i

California Packing

Apr

Apr
32% May

'

-:v

*

72%

25

71

May

53%

53%

60

52

Oct

.•

40%

40%

200

36

Sep

54

33%

34

390

33%

31

32%

Jan

78

Industrial

Rayon

Interlake

(Un)

Steamship

Kehey

island

Lamson

&

«

...

Jaeger Maehine

£

—

34

;

•;

*

Lime As Trans.

:

•

Sessions

363

11

8

12%

8!/4

-

28

.

.

45%

Nov

.100

635

Douglas Aircraft 'Company InoL.—

T7% Jan: *>
17% Feb

Dresser 'Industries

Electrical Products

MdKee':{A"G) class

6%

Metropolitan Paving Brick new com.-4 ''

N

/Ohio - Oil '(Un)——
Pennsylvania RR (Un)
Radio Corp of America (Un)
Republic Steel (Un)——
RichmanBros
standard Oil

Ohio

White
.

common

f

*

—

10

*

/

footnotes

1

;

Tube—/

page

2865.




I

4 164

103

10

;

..

a24% a24%

;

,

24%

49%

Nov
Sep

20

*•. "a59% &60

90

vHu

Oct

24

Feb

57%

Sep

6% Oct
6

'.Jan

.31% Nov
20
Oct

.

9% Apr
7V« Jun
17^1 Nov
40
Jun
45
Jan
33
May
25
Aug
.136 y*. Apr

/.

i

-17
17

21%

—

715

■

12

200

1
:

6767

:

18

18

*400
- 400

1,362

13

'

69

-4

'T8

100
.100
913

7

12% Nov

1,046
4,046

31

67
NOV
16% ^iov

Apr

S8%rApt
%33% Jatt

«S00 May

330

"

'

"_50o

23% Jan
24
Feb
19 V* Nov

.16% Oct
,16 % Nov
20% Nov

60

'17% //•'
21%

13

69

16
Oct
.7/3
Oct,
10% Oct

100

•:.;t85;:-/::'
t85

12

17%

•:/

60
60

708
708

17%

ai6y2 al6%
Il6% aiey2

*

Corp—/—^

-1-4
1

Fitzslramons Stores
'

1;60
4;60 -1.70
1.70

l

class

General Motors Corp

;

735% Jan; •

—

■i tir- V.

,

v.-.'

4

comraon/w^.»*l0

,

50%
$53%

/
J

Jan

19

40% Feb *
63
Jun^
30

-

i

;

-97% Feb-'
U 44
Jan /
/39
'July.,.
.

837/a Mar

15y2 Jun

55.

Oct
Nov

76

.300 <^

jl.li/Nov

15

al5

63

27

28

1,265

70c

"100

nsc

3,000
2,710

33

a

SV*

Mar

50

25% Oct

v

.6%

Feb
Apr

..

14% Oct

27%

Company

Hunt'Foods Inc common—
y^r/y," VtviVy -iV;..;
/' Vi

May

.

Interecmst

;

■'?.

July

69% Jun

Hudson Motor Car

Jan

48

207

a51% a53%

8

751

444

50 .50%

n'4^5 "yl;20;1

/

.

20% Feb

300

14

14

:

^ire & Rubber Co

Goodyear

y

"A"

•h'

-47% Feb
*/

Oct

65% Oct
23% Nov

38%

25

*

Exeter;QU;Co, Ltd elm A,

19%'Feb

62
'

•

Oct

/' 20% Mar

32

32

8y8 .Apf

331
TO

a70%

Apr

7% Nov

4 '9

;

6% Feb
5% Mar
14
Nov
,22% Oct

3,030
125
125

:

•

41% May

•/• 25.;/ SeD

587

-

a24

72

Oct

«"•r;13%

•

w—

85

\

12

>63% Jun /

Nov

3

150

43%' 43% /
a70

—

*.„

52% ' 53%
a24

,

Oct

26% Nov

50

-

4

a26% a26%

,,

:
.

j* -i'•■/!-:■:"

see

.

—

.

.»£«—■}

World Publishing

For

a22% $22%.
25% 25%

•

r;

(Un)!

Youngstown Sheet, &

"

Odt

'6%

/

W25
665

3y4,
al5%^tl6

'/.■■•:9%-/9.%'::.v

common,

Motor.

>

'

«...

:

Thompson Products common..——_*
U S 'Steel

■

50

——

of

/J '

1-1—♦

•

3

—.—1-

Y/Central RR. (IJn).—,

614

7

a27% a27% ?1

Jr

National

National .Tile & Mfg—

52

195

45.

;

39%

59

56

52

.45 ' ■:;/■ 41

Portland Cement—.

■

1.78, Aug

May

4% Nov
2% Oct

,

v/■»Medusa

14%

a27% a27%
127% a277/a
20%
21%

al6%

.

-

;';\8:.'/>NqV;

'S>Til3

*

-20

Steel Corp new com..
Creameries of America,

"

1,436
2,410

6%

v/v.f;

21%

5

a—,

Consolidated

Feb

14

17%

Preferred

,35% Aug

lit?

;10%Oct

1,872

8

,12y4

10

I

8%

4

*

common

Chrysler Corp

Jun

1,900
100

ft20% a20%
a20%

--

*';t

-i r

vV'/

Central Investment Corp-,;
Certain-teed Products

55% May

600

4%

14

;/

60c

1.10

•

•;•.

••

■

c

26;.

a2%

6%
6%;

/ 'It./

■
>6% Haiti
;<-:41
Jun

3% Sep
-Oct

180

:•

7%

*

•

72%

.50

pfd

•

v

Bangs Sines Janaary l

700
700

1.05

m
6%

'?;:<■

High
■i'

4%
a2%

—

4%

'■

"

3%,
3%,

•

•

-Vs-!

/ „;>//;/■;
'•/•: j"

Shares

sf Prices

High

?'

:

r,

Mr Week'''*"

3%
a25%n26%
a25%n26%

a25ya

"III

Colorado Fuel & Iron common——
Halle Bros

_•

Corp

.

f'' u•.?

:7

;

'Eanga..

LOW
tots
:■;

3%

;

Co.—1

Broadway Dept Store new common.
Byron Jackson Co.^_—«—u.—
..

77

295

21

r
72y2

Bros

1

Blue Diamond Corp

.

Feb

350

a48% a50

_*

commons

10%

361

34%

34%

•
10

950

y;V-

,,

•

4

17

'■/.

Far

July

Boise

Gabriel

25
700

2%

2V2

■./'Taat ■■■■—"

109

20

65

♦

new

65

2J/4

''-yiWay/'c: vWeds7i:y., ySalm

1,375

.21%

a42% a42%

44

2%

r:ti

2

alll% all-1%

31%

5

"

12 Va
52

*

'

44% May

Sep
Oct

84 %

35

'

STOCKS

2% Nov

Barnhart-Morrow

Cliffs

600
700
200

SalePrlea

27%

80

88

88

Iron

300

6%
11%

Angeles Slock Exchange

25% May

Sep
Nov

159% Nov
1% Oct

117

2

a31% a31%

Fuel—I./

City Ice &

32%

161% 165 Va

-.100

;

30

14'/2

(Un)—1

3%

Hiah

Low

14%

12

14%

500
300

52
214

—

4

Screw Products new com

800

4

12

__

1

common

9%
10

Bsage Sines January 1

50

a33 % a33 %

——5

Body.

St

Products

Shares

Hiah

Low

179

775
300

for Week

-ref Prices

Far

u

Wayne

3%

Sales

Week's

Friday

stocks

(

Aircraft

100
1,100

6%
10%

-

—..50

Preferred

260

"

3%
,

20% Jun

>2/VBep//Z^Jan"

/

4%
3J/4

10

..

26*%'Jun;

il4%/Oct; Z '■>-34
vJan
"13 , -Oct
425% Jun;

200

4%
67/a

—

.

,

Jan

500;
100

-

10%

3"%

—

U S Radiator common

Cleveland Slock Exchange

8%
10

1
—1
—1

Brewing
Udylite

Warnei

__

1

8% Feb"

15%

^4,000

3%
22 v

3%

1

& Die—

-

900

,

4
6%
-8%

•

4%

1

Tivoll

>

3%

'

—10

common

2%
1%

3

>

'
common

.

4%

3

1

Paper
new

4%

2

-

N

•-22:- ;Sep.
17% Mar
*••

100
100
200

6%; -6%

1

_—

8% Jun

2% ,2% vr: 600

v

1

Products

Scotten-Dillon
*

10%

*

common

Investing

River

80% Aug
23% May

Nov

'

■

•

2%
T%
3%
22 ;
10"%

,T%22

/

..

._,.i50c

Ridkel (H W) Co——

Jan

Mar

;

.

5

^

.

Nov

6

..*

13%. '13%
2%r.2%;

./

2y2

1
1

Car—
Co

Metal

Prudential

Jun

May

14

Motor

Chemical

15

2%

.

Z2%

Peninsular

Aug

42

27% Sep
8% Sep
47% Oct

'

Stamping

Unlisted—

Cities

•

10

Packard

City Ice As Fuel

i

Murray Corp
National -

/

4

f

v

-i—5.

■If

|l
If

hy[ \

•

19

■

.

■/-- 2504.
250 /
300
/
300
//« ,289 ■
289

22

,,

15

X-

/Motor Wheel

53% Mar

53

ir"

100

19
•/

1
1

McClanfthan Oil common.
Mid-West .Abrasion-common

,

Feb

^/!5Z;-NoV/:-e

:'

r-Vy'_

6

6

1,095

5y0

!

22

.

*

Masco. Screw Products—

'

3%

—*

Preferred

' ;

—

2%

Seeley Corp...:
Kinsel Drug
!

A—.—J**

i.

/

__

—i—lO

Car.

King

*

•

Bearing

Motor

6

6

-

l

4% Oct
270 ■-./'• ,-6 /.Mar"

5

„

•

*

Leonard
fiy'-

&

Ball

Hudson

5

r

1

Z

,

Hoskins Mfg common

;,

,

%

1

;

Goebel

53 ya Aug

Oct

*

50

Preferred

I Kroger
4

67

45

*

Kahn

|f

67%

i-*

Hobart class A

|3 Gerity Michigan Die Casting

100%, Feb

Jade -Oil

Petroleum

•;|/Kai8erFrazer

11
:i
5

.

lOo

iloS

70c

1

'70c

;

—1

Corp_

Company..-!—--/-^

•

"tS%

}8%

1

100/'

Los

100

.

Angeles

Investment

Co.

.

8%

15% 15%
^;/ 1.20/1.33

1,057
700

t5%

lAbe W6ll« Co
Lincoln Petroleum
.
'artkhee'd ^Aircraft Coro^A—

—i

Sc

-im

/ /19%

/

19% •

325% 225%

-

23

Nov

70c

20c Feb
;,8%'Pct

:

1.55 Feb
.420!rjun
.11 .Oct

15% "Sep
j20%.Jan
4.10 Nov... M.,Z30i;Jun

.

4.19% Nov.
,

200

•

Jan

y

226% Aug

-

THE COMMERCIAL « FINANCIAL CHRONICLE

2860

Monday, December 2, 1946

OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING NOVEMBER 29

STOCKS

•

•"

Friday

'

COMPLETE INVESTMENT

FAIRMAN &CO.

New

FACILITIES

StockE^hange

"!

i."

,

v'.'f

:

'

Ohio-:: Oil

RR—

Aviation Inc

—

1

' vr

: >al0

:

_.

10

a

-

ANGELES

Pennsylvania Railroad

14

'25%
39

Phelps Dodge Corp
Pullman Incorporated
Pure Oil Company—

—TRinity 4121

25
—

Range

Mascot Oil

Company___„i._^.„_
Manufacturing Co

.

•

50

Menasco

Merchants
Nordon

Petroleum

Oil

Pacific Gas

6%

1st

5%%

36% Aug

39

245

33% Sep

100

52

235

20%

XI;

50 '•

v X

3%

2,400

55c

60c

1,400

37o

14c

3,000

13c

8%

115

8%

1.20

1.30

1,300

1.20

X41%

41 %

—

preferred—————25

—

7%

Republic Petroleum Co common.
Richfield

* 7%

.

75c

Oil Company————1
Oil Corp common...——•

Rice Ranch

37%

S7c

a6y8

Feb

28% May

9%

26%

26%

1,510

25% Oct

13%

13%

2,535

13%

'

50c

379

125

18% Jah;

Nov

9

40

July

18%

Oct

i

Jun'

57
July
52% May

38% Nov
47% Jan

v

United

11% May.
1.20 May

.

13%

20% May

Oct

6

40

10

Oct

■'

■■

Air Lines

■

a58 a58%

Inc.-^.——.10

Union Tel

Co

a89 % a90 %

al22% al25%

205

,

#

16%
3%

17

'

•

—.17%
19%

.

17%
19%

•—

> 22%

9%
9%
a44% a44%

Aug
60% Jun

3%

Aug

119% Apr
160% Apr

Oct

51% Jan

;

36%

16% Nov

•
'

Nov

Jan

7%

Jan

>

54% Nov
Oct

% 22% Aug

18%

«"V"312>

76% May

17

225

;

67

.24

Sep
160% Apr

190

Oct

51% Feb

2iy4 NOV

39% Jan

9% Nov

690

21%, 22%

X»

^

Mar

92

010 325 >
.1,177

;

a49% a50%

;

Westinghouse Elec 8s Mfg Co—12%

17
3%

X 41X July

Sep
17% Nov

110

July

38

>

48 Va

151

a20%a21%

;

18% Nay
33% Sep

,53

35
260

—

>

„

5
•

A

.

18%v.

..

U, S Rubber Company——10

Western

18

.

49% May
-76% May

64% Sep.
v

143

a51% a51%

Wi

;

Warner Bros. Pictures new^———

r

Feb

10

V

Feb

38

162
302

'•-X-,'/

«■

—•

-•

155

65

20%

a33% a33%

^

^—"..25

pR

-40

65

Sulphur Co—

United Aircraft Corporation
United Corporation (DeLj

'

75
/

Jun

45% July

X.

Company
Gulf

40

20%

l.,

Union Carbide 8s Carbon Corp
•
Union Pacific Railroad Co—. 100

■

Nov

^

JBw

-i

Tide Water Assoc

40% July

•V 7% Oct

2,100

a6%

45%

'

>

.

37% Oct

;

1,200

al4y8 al4%

al4y«

50

Apr

2.70- Feb

Oct

>

Jan

15%

Oct

39%

8%
75c

60C

—.—1

Ryan Aeronautical Company

X 695X
X: 50

a40% a40%
a36% a36y2

■

46% May
52% Sep

a22

A

Feb

Oct

" 9%

"13%/

Company.....——..^....25 '

&

Texas
Texas

X

Nov

28

common

Swift

97%c July

„

Nov

1.25

-

8% Jan.

v

>.

Sep

14c

83A.

1

Nov

a21%

15

12% Feb;

Oct

47

(Ind)J^————25

Studebaker Cmr

1.75 Apr

,

.

3% Sep
Feb

3%

preferred,.———25

1st

Nov

1

Co.
As Elec

90c

—1

Northrop Aircraft Inc-LOceanlo

400'

60c

l

Ltd—.:

Corporation,

/

3%

——1

Comp any___

5%

25

■

Standard Oil Co* (N J)

Bigh*

Lois

90c

Standard.. OIL Co

Range Sine* January 1

Shares.

High

90c

1

•

29%. July

for Week

of Prices

Lots

JBep
19% Peb

420

Railway Co
*
a39% a41%,
Standard Brands Inc——, a35% a35%

Sales

Week's.

Last

Sale Price

Jan

16 y4

11

29% Oct

>

♦

—

a6%-

Southern

Friday

X vXXX

99% May
Jan

35 y8

a50% a52%

80

Socony-Vacuum Oil Cot

.

14y4 Oct

10,

25%

Co

a6%

•'-> 9%
Republio Steel Corp—..

-

High

57% Nov

225

a32% a32%

Radio Corp of- America.^

STOCKS

746 '
610

16%

—1—sli -mmi< a>v ' 22.0 27t

Company

Rang* Slnet January 1
Low

>:■;•'■■',■

59

15%

16%

;

Share*

^ High

59

Packard Motor Car Ca—-r—•
Paramount Pictures Inc
;.....
„l
a32%

SCHWABAGHER & CO., SAN FRANCISCO

West 7th Street—LOS

210

Central

for Week

Listed— Unlisted Issues

Direct Private Wires to

ALLEN & CO., NEW YORK

Lota

-

•

York

Range.
of Prices

•

North American

V

Member Los Angeles

Par

Montgomery Ward 8s Co, Inc

BROKERAGE

AND

■

SalePriee

Bale*

Week's'

v

Last;
"

"

26% Jan
60% May

"

——•

Oil

Solar

36 Va

Aircraft

399

1.10

4,700

—.

—

al2% al2%

al2%

1

34% May

-

29c

Mar

15

Sep

41 Va

Nov

Woolworth

Sep

Motors

Company

(P

Inc——..1
W)
10

—

315

X

,

100

51% Oct

.

'1.80 July
20% Jan

Oct

30 Va

/X

Oct

13

Willys-Overland

49 Va Apr

~

.

Jun

80
,

X

NOV
Nov

v' 25 '■■

>X al5al5%

Company

;

8c
19c

8,000

16c

1.05

1

Com.

22

36

210

22%
36%

14c

14c

Corp.....——____25c

Signal Petroleum Co Calif
Sinclair

22%
36 y2

•

Safeway Stores, Inc..
Roebuck & Co..

Bears

Sierra Trading

'

26% July-

'

ft

Southern Calif Edison Co Ltd com.—25

34

<

31%

180

;.30%

30%

Xl6°

Southern Calif Gas 6 % pfd class A—25

r
•

:

.—.*■

Standard Oil Co of Calif

•

1

;;

29%

",.465'.',

Oct

37

75

Sep

38%
42%

7%

7%

1,325

7%

42% Jun

Oct

7%

Inc

Textron

Corporation

,—•

United-Rexall Drug'Inc
United States

Corp——

Steel

t—*

::fi

9%

10%

100

Xx
xf." i

Budd

• Mar,
.0-/0XX-X

ii%

.

X

65%

Oct

19

,

Oct

14%

Jun

17% Feb

100

1

al0%

al0%

all

67

96y» Feb

i

33%

10%* Not

_

.v"-

,;:;i

Delaware Power 8s Light

;>.>

■■

....

'13%

Motor*

10c

Cardinal! Gold Mng; Company———!
Gold Mining Co...—.—25c

10c

Zenda

:

lOe,
10c

8s

5c

Sep

20c

May

24c

Jan

14

324

52%

175

47%

161% 161%

1,035
47,747

160%

Nov

1%

Oct

American Tel 8s Tel COL

-

Rights

—100

: v

American Viscose Corp
Anaconda Copper Mining

(in)

Baldwin Locomotive Works vtc
Bendix* Aviation

8
•

Corp

54%
39%

'365.;

12%

12%

380

a85% a88%
31% 31%
' a6 Va a6 %

180

—

i

—

51%

*•

53

6Va Nov

19%

19%

380

30%i
89

29%

30%

570

29%

89

670

87%

Nov

Boeing Airplane Company——...—5
Borden Company ;L.„
18

al9% al9%

25

33

a48%

a46% a49%

123

.52

Corp..—...5

a38y4

a36% a38%

180

28

al2s/s

al2% al2%

70

-25

a33%

a33% a33%

70

Oct

—

Borg-Warner
Canadian

Pacific Railway Co

Case J I Co

—

>

'

Jan

.

Aug

12

Dome

common
50
Oil Corp———-^1

—*

common.—

Caterpillar Tractor Co
Columbia

&

Gas

Commercial

—•

Electric

Solvents

Corp

Corp

Commonwealth Edison; Co

a54% a55%

'—
a26%

>

Cou-;————10

Service

..*

i

——•
.25

i<

;

38% Jan

20%

20%

120

32%

32%

9%

32%

'176

2,736

Cons Vultee

Aircraft Corp

1

Continental Motors Corp—;

Crown

•

Zellerbach

:

Corp—5.
.

10%

—

1

220-

52

;i

v

Preferred

25

—

,500'

80% Jan

10%

11%
7
.•
7y4
1%
1%

585

10% Nov

' 17% Jan

•

5%

.

Electric Power &

Co—X—1—-5

Goodrich (B P)

"14%

14%
ai5y4 ai5%

!

Light Corp——

General Electric
General Poods

'

'34%

Corp

—

-_.i—_*

Co

Graham-Paige Motors Corp
—1 ;
Great Northern Ry Co preferred—*

34%

43

34%

•.

•'

-

42%

43

Mar

a61% a62y4

—

Sep

Nov

f'iVa Oct
18%

•

250

a44% a45%

.

Iron

International

Corp...

Nickel Co

—•
of

Canada

11%
31%
31%
15% .15%
11%

—

*

International Tel 8s Tel Corp——*

Kennecott Copper Corp——*
Libby. McNeill 8s Llbby
—■
lil

For footnotes

see

page




2865.

a47%
*

■

26
X'
28%

>

?

20%
—

„•

Z
>

;

Oct

r

3iy4May
35% Apr

Blaw-Knox

Columbia

Jan

2% Sep
9% Jan
27% Jan

24% Sep

—

.

400

47%.Feb
49Vff July
7% Now*

37% Nov

'275 "

7% Nov-

/

21
365
30

;

200
,

,

,,

162

w

86

„

30% Mays
33% July
121% May
46% Jan

27% Feb

114% NovX
20y4 Nov
93
Nov '

37-

..

66% 67%

^

24% Sep/

385

20y8 '20%
6%
6%
47V4 48V4

,

,

48%

—
.

—

....

,

*1%
1%
% .1 *
'3%
4 >

700
209
863

,

.

Nov

32% Jan

.

47

22

22%

-

■

Sep

17% Sep
,
5% Oct
41% Nov

33% Feb
12% Jun
60
July
.

78% Jun

1% Oct
4% Feb
% NovX;>:V>4% Feb;,
3y4 Oct >X 7% Jan

V

3% Oct
44% Oct
18% Oct

40
663

,

,

,

7% Jan
56% July
30% Apr

Fort

! 40

Apr
12% Peb

Electric..—'*

Share*

.

Rang* Sla** January l

Harbison Walker

Refractories.——-•
———————16

Lone Star Gas——

29

May^.1

Mountain

High

Fuel

Supply——

National Pireprooflng

—

Low

10%

26

26

Btgh

90

15% Nov

31

Feb

37

8% Oct

14

Jan

102

.

24%-Oct

34

Feb

8%

8%

130

7% Mar

9% Aug

20%
17%

20%
17%

20

20% Sep
15% Jan

34% May

183

15

17%

15

14%

1°

Corp.——•

16%

10

10%

33% Peb
Apr

Low

16%
&

.....—,——.—.-5
Brewing-——.————1

Pitt

51% Feb

Sep

53% May
77% May:

Oct

15%

Pittsburgh Oil 8s Gas—~——.——5
Pittsburgh Plate Glass—————10
Pitts Screw 8c Bolt Corp———*

14% ;

6%

7%

>.

45

July

Nov
17% Aug

6% Jan

>526

•

7% X;

22

10% Jan

13% Jun

10

320

Feb

Oct

60% May
20% Jan

San Toy

170

29%

Oct

42

100

-14%

Nov-

31% Feb

41%

Sep
Sep

>60

Co

Mfg
Mining

36%

33%

7%

7%

7%

100

% Nov
Sep
7% Oct

1%

675

1% May

24%

285

22

15o

733

ISO

5
1

May

Apr

15 y8 Apr -

United States Glass

12

210

1%
24%

————1
———

common——1

Westinghouse Ait Brake————*
Westinghouse Electrlc Corp com>u>12%.

200

1%
36%

1%

Jan

Oct

10%

Sale*

for Week

Range
ofPrice*

15

r

34% Nov
'"'43
Nov
5%

Week'*

Friday ■
0-000" Last :'■■■■>

23% Jan

26

;

101% Sep

61% Sep
^

' 1,125

3%

3%
46

Duquesne Brewing

43%

t

17
r

5% Oct
20% Sep

-

3,419
,,

.

3,475

—

.

7%
26%
29%

Co

Gas

5% May

10%

195

25%
28%

X'/'X/SalePrie*
Par •'
■'•• yX

45

-285

485

.

Oct

'

150

ioy4

yio%

1,051

.•

114% 115%
:>. 20%
21%
93
93

'

—

22%

Jun

Renner

VW7 a47%

1% Sep

Pittsburgh Stock Exchange

Ruud
•

Interlake

>

6%

*

26% Apr
55% Jun

Aug

Vi '
69

80

ey8

6%:

:

26%,,
42V8i

7%.-

—13%

13% Jan

Jan ;>

17

139V •'ir
Vr 50 V '"13"-

330

261

5%
22V*

37%

,

*

United Gas Improvement

78% May

Oct

■r

2,105Vr

Oct

150

..

25%

26%
—.

McKiriney Mfg .—...———.——I
Electric Bond 8s Share

-

5%
21%

3%
47

•

United Corp common
#3" plPeferfed

4

v

23>*t

47% Oct

1%

54% May

41V

?

10% Nov i
2-V' r271 ' Oct P

a27% a27%
a5%
a6
al8% al8%

i

—

Sep
Sep

23%
:• 8%

>

2%

;:i'60:iT

10%

1,639

67%

22% Peb

30%

962,

3%

al5% al5%

—.

,

10%

..1

Curtiss-Wrlght Corp

v;.3%

—

40y8

42%
50%

/

.

51% May

20

»

Commonwealth 8s Southern Corp

205

26% Jan

>

19% Oct

42%

*

33% Mar

•

Oct

59%

117.'/

/

.9%

•

—

—

:

55

a25% a26%

677

48%

•

STOCKS
Cities

483

26% Jun.
140% Jan"

May

37% Nov

.

10%

10J/4

X

»,50% Apr
112% Feb

-

52%; Jahf

245

■

23%

Tonopah Mining
—.——1
Transit Invest Corp common——25

14% Peb

.

84%

*38% Feb

9% Oct

Peb

119% Jun
>50

.

Nov

87%

19

Salt

Scott Paper
Bun Oil

18% May

Oct

19%
;

51

series A preferred—

Beading Co

54% Nov

31% Nov

85

3%%

Aug
2% Nov

Oct

10% j

—

*

100
—3
—100

Philco Corp common

Feb

198

Oct

35 y4

76% Oct"
10y« Nov

> 82%

1%

501

$1 preference
common—
4.4% preferred
——

.68% Apr

10y» Sep

70

'

,

13

Bethlehem Steel Corp

18

54%

38%
..

3

Corporation

1% >2%

54%

———14
Co——60
8

Atch T & S P Ry Co—
100
Atlantic Refining Co (The)...;—*.—25
Aviation

—

2%

.

Armour & Co

23

13% NOV
Sep

14

52%

17% Nov

—

^1:

>Pep Boys

—*

-

-.—50,

Pennsylvania RR
Penna Salt Manufacturing

Jan

10c

San Corp——•

Stan

Smelting & Refining Co

/■

11

1

Philadelphia Electric Co common^

Rad

Bigh

42% May200% Jun

159% Nov

42%
50%

Penna Power 8s. Light———*

1

Amer

!

Feb

Unlisted•

Amer

Low

25% Nov

'

160
1,431

>■

—23

•
—10

—

Pennroad Corp
18c

Oct

6c

1,000
1,000
2,200

Rang* Slue* January 1

;

■■

26%
161 y8167

84%

Lehigh Coal 8s Navigation
—
•
Lehigh Valley RR—-——————50
National Pr 8s Lt ex-distribution—•

Jan

r

.V7ci::>7c':

High

25%

.

.

20%
48%i>20%X X; 391'
11% ;;x 11
11% XXv 355

-

X. „>

i.

Electric Storage Battery

General

Mining Stocks—>
Black Mammoth Cons Mng Co——10

26%

167,

—•

Curtis PUb Co common...,,

27%. Apr

16

—,..100

Co

Chrysler Corp i.

Oct;

813

900

16

>

Oct

70%

19 yJ

'■%

'

Baldwin Locomotive Works ? % e——13

?

"

28% May

..;-a07

Nov

9%

1,610

Low.

*

25% July
,27% Oct

19%

X—

Western Air Lines Inc

X

■

Share*

",21% May

Oct

70%

v

Bakeries Inc——*

—10

Oct

'

19

Universal Cons Oil Co—..

de Kamp's H D

10

■V,,'-

Store*

Amerlcan Tei & T*l-

13%

X-.

0
00" 10

American

00:000':'0Pt00000000■<

for Week

of Price*

Far

j

May,

Nov

20% Nov

1,048

100

100

■

14

(

24%

v

78

;

Sale Price

59% Aug

;

12

1,875

14

21% x;X-> 21X21%*,

h
———3.75

13%

a21% a22%

,tt22

—.

Oil of California.

Preferred A

Van

X

2

Transcon 8s Western Air Die

Onion

all%-al2%

all%

50o

——

Transamerica

Philadelphia Slock Exchange
0000,000000-0,00:0;0^0i'f0000:::' Last 0:0;'0.Range '■

69% Jun

;

X

•

110

1

'

Feb

m

31% Jan

;

Oct

2,562

'

39% July

50
Apr
32% Feb >

r,

/

30% Mar

52% ?4'54

54

Bunray Oil Corp

a38% a38%

X44% .44%'

44%

Company,

60

41%

;

Pacific

v

41%

—25

southern

1,093

'31% ■.>..31%

———25
26

Original preferred—
6* preferred class B
5%
class "C"—

32^,V;t:34 :

——

.

1

32y8

403

May

3% Jan
487/s

Jan

14%

Feb

2% Feb
27% Aug

'

15o

11%

11%
29%

23%

.

27%' 29%
23%

21%

5% Jan

190
.

391

Sep

•

26% Oct
2iy4 Nov

60c

Jan

^ 28% May
41%

Jun

39% Jan

Volume 164

,Xx''

XX;X

Number 4547

:

:

THE COMMERCIAL & FINANCIAL CHRONICLE

\;:-ryx;xx;;.;..:;:.:.t:

■

-OTHER STOCK
':'wV'

v_1 •.:

St. Louis Stock
STOCKS

Friday
>,>X-xx'xX' .-XXXX/X.-XXX/;;;///;' .Last

X":"Xx"*;;'Xxx.;
'i••;•••■ '•;•:

•'.;

American Inv

A

..

Co

Bottling

/: '

.V>/:

—10
1

common
•••

y-

.

25

Light

Securities

Nov

15% July

6

•;;

-

14

,

Nov.

30%

NOV

10% Feb

35%

Edward D. Jones

•/' 41%

tXxM0;''pXy'

Feb

Jun

22

.

''

Apr

32

-

Established

X.; 'XX

.

New

28% Nov

52%
50

New

Jan

36 %

York

Louis

Stock
Stock

Chicago Stock Exch.

Jan

■

46

York

••5

100

6%

5

Oct
Jan

-

14

X

45%,

13

13

13

6%

20

'

19%

;

*

—

15

Oct

15

63

K

27

Jun

85

-100

102

kmmyO

19

102

'

Oct

Curb

"

X y

i'

*
Phone
OEntral 7600

1

Bell

-•:

Teletype

SL

693

Exchange Associate

STOCKS

Friday

Week's

28

com

'

5

new

Wagner jeaeuuric common

X-x:xX

i—1

common—

Stix, Baer & Fuller

Mar

—

Low"

♦*.

Low

16%

34%

35

34%

34%

Jun

50%

34% Nov

48 Va

Jun

48

73 Va July

18 Va

,247

49%

35

High
31

10

,

,

Range Slnee January 1

'

x

28

16

•

—

.il

High

28

,

for Week
Shares

273

Jan

728
X

.450

Juh

35%

Sep

of Priees

Par

Sterling Aluminum

Sales

Range

Sale Price

;

Jan

9%

Sep

23

'205

X

XTnllsted-—':X/x XxxX.x-xy:

19

Oct

30%

Jun

41

85

»Jan

91

Jun

General

Electric

common.

7

XXv:

:/X./v ' t.LyK

■

'

1

Last

Sept

5%

15

21

85

13

-

395

26%

20%

" "
/

f

Chicago Board of Trade

Aug

Feb

595
r

"X

Exchange
Exchange

Jan

20

200

20

26%

common —25

20

7

Co.

&
X.

.

9% July

Nov

6% Nov

100

45

1871

Jan

165

45

6%

■

300 North 4th St., St. Louis 2, Missouri
,

'

'

St.

21

■

r

6

15 XX

•

14

6%

preference- .100.
——

24% XX
28

6%

-100

preferred

•

24

50 X

39%

1

—20

common

Inc

Inv

6

I?

High

:

'

—a

common

Missouri Portland Cement
B

30%' •' XX-

,

common

McQuay-Norrls

X-t

Mar

t"

120

28

'X'"7

com

50

25

39%

39%

tr-

Laclede-Chrlsty Clay Prod

Scruggs-V

Low

11

Members

.

Key Company common———
Knapp Monarch common————-

6%

24%

!:■■

•

XXXXxXXx;. X XXvX Xiy'XXX.:-,.>;••%
Range Since January l

700

30%

"X —'

Johansen Shoe common
Johnson-S-S Shoe common

Laclede Steel

'

r%

»■

-.x./.x' ,X '

•

12

24%

r.Mlr.*

Hyde Park Brewing common
1—4
Hydraulic Pressed Brick preferred- -100
m
International
Shoe
common

Gas

Hiah

6%

r

Seneral Shoe common—————,

Laclede

'

<!vi

Century Electric
Coca-Cola

Shares

Low

286J

.

St. Louis Listed and Unlisted Securities

v'xXX;X-X.XXx

Sales

for Week

k 12

;

-

EXCHANGES-X-x^xx

Exchange

of Frlees

Par

:X.

.

,

Range

•———';

common-

'V

'

■

RANGE FOR WEEK ENDING NOVEMBER 29

,

Week's

;X SalePrlcc

.

'

■

101

Jan

102

-•

Nov

" 34%

General

Motors

common.

.10

50%

,

Oct

CANADIAN LISTED MARKETS
RANGE FOR WEEK ENDING NOVEMBER 29

STOCKS

Friday
Lut

Montreal Stock Exchange
STOCKS

Friday
Last

Sale Price

Acadia-Atlantic Sugar A
Aigoma

Steel

Aluminum

pfd

—

Telephone
Bralorne. Mines

100

19%

17%

19

580

16

Sep

185

*

179%

•

,

24

1

^

1

k

*"

Forest Products

•

50

94

1,060

23

Sep.

15

15

Nov

22

'

'

23%

6,289

3%
29%

5,050
1,791

2%
3%
on qqi/^

1,625
360

18%

29

15

—

15

20%

Hydro-Elec System A__25

*

■■

30

9%

9%

70

13%

845

Bronze

turn

at

.*»

25%

24"%

*

common—-—

•—•'-'

common.,,

Canadian Cottons

42Va

■■

29

X

.

Montreal

53

Jun

-

Nov

'

-

22% May

29%

610

13%

370

v

13%

3,964

12%

^

12%

83

86%'

39

~

'

/ 'V

-

•

\

4

lV

Ottawa

.

12%

,v\ ^

r

425

39

Nov

30%

50

29% Jan

111/4

50,

11

.Sep

16

17%

16

-Nov

30

32

33

18,465

1,051
35

i.-?

38

38

.30

37

14%

13

15

25%

25%

25%

33% Jun

,

-

"

K

'\j 't}

23

'

,

48%

pi1/;

»

!

—

•

17

,

.0

'

'

Nov

33

X-17

29%

30

Feb

'

■

21% Jan

X

18%

Jun

River

Co

24

48%

'

>

1,589

preferred

23

—^
Power

preferred-

101

Sep •
Jun,,-

94%

224

90

Jan

120

May
May

102

Jun

107

—

—

—

-l

20

Apr

102

103%

Apr

Sep

34%

Feb

Oct

81

Apr

28

36

Apr

Sep

17%

Jan

Sep
100% Sep

73%

Apr

10

370

14

25

;X

33%

15

19%
22

104

Jan

106

6

Sep

5

July
Apr

9% Mar

24% Sep
33% Nov

;

Apr
Mar

20% Apr

Aug
July

102

265

h

102% July

Sep

103%

' 455

.

•

17% Jan

10
15

/

-7%
30%

Sep

10
45

370

,X 39

Jun

41

Mar

437

Feb

113

('7,938

20
12

Sep
July

16

May

10

25

Sep

33

Jan

17

Oct

25

Apr

16

Jan

106

Jun

14 Va

25

83

375

23

12%

25

18

Feb

Feb XX

28

15y4

20%

,

Feb

69

250

107% 110

100

——*

Oct

1,995

15

30
33%

—

..Standard

14

20J/a

IVe

30

—*

May

8%

600

12'%

15

,,

28% May

24%

pfd

83

26

1

105 y» 105 V2 -Xx. ;

7%

50y

Jan

25

102% 102%

—

105%

—•

50

XX

25

58

15 •

Apr

Oct

750

34%

20

110
Shawlnlgan Water Ac Power—
—•
227/8
Sicks' Breweries new common.1——.
13'A
Simon, H & Sons, common—————^

Jun

23

—•

common.

St Lawrence Paper Mills 6%

'•

.-—-100

common

——

May

50

15

35

Oct

5

72

101

—

;• 72

26% Sep '

5

12%

20%

Oct

Apr

May
Jan

18

70

53

Paper common—15

Saguenay

St Lawrence Flour Mills

41%

100

———

.52% July

•45. j- Bep;,,

-

50

34

34%

,v

X ' 14 %
y 30 Va

;

Sep

31

20

5

72

58

Jun

Mar x,

860

14% 15
102% 102%
31 y4 31 y4.

—

Feb

52

"

r,'

f

70

—

•

common^

175

May

52% May

Sep X
13% Nov

:

19Va

102%

——•

Co Ltd

22

Feb

56

44

21 y2

5

—

Jun

July

25%

X Sep
Jan

75
361,

,

29%

70

*

-

16

10

' .19%

'

•

-

680

J

37% Jun

"

13%

jv

Apr
Apr

15

X40: July

28

21

42

12% July

3,622

.

24

3*

—

-—100

a.

Preferred

;

Jun

55

f

18

10

,

Jun

26% Mar

1

>

Aug

:

-

-

102

•

25

20% .20%
16 Va

..

26 y4 May

23

46%
'

(

~

*

common

St Lawrence Corporation
A preferred

25%

102

.

Sep
Jan

50

.

%

.24

—'

29 Vs

—_,„*

X

51% July

12% Mar

50

13%
16 y4

19

23

Jan

12
*

1,416

20%

1

50

—

y

rt

common

23

Oct

2,729

,24

Aug

Jan

"

46

.

X 13

^

Aircraft

Qoutham Press Co
24

.

25%

16 y4

Apr

2,503 ;

,

41

20

17%

Corp of Canada—:

Holland

July

25%

—

\

18,

'

'1

5%

Feb-

93

■

32% Feb
26

12525:;, 20% NovX;v'^' 24 ■; Jun
1,740
13
Feb
19% Apr
„..'; Vi.
•
1
2S45a Feb ,
jun
280 .#$20 k- Sep
'• 'C-k 22% Aug
H; 925 * • 15'' Get'
22
May

Chemicals

•

common

XX*

8%

.

5% preferred
1—
109
6teel Co of Canada common—79%
—

Tooke

Brothers

/Tuckett Tobacco preferred—

:

9

370

■.

80
40

179

181

10

Sep

92%

Jun

31

^

Jan

,73

215;

38

——100

7% Nov

100 Va

Jan

44

Apr

165,

79%

40

X

^10.^

.

181

*

—

8

100% lOO'/a

,

—

Jan

182

Apr

,

t-' f

Eddy Paper conv class A
Electrolux Corporation

;

20
""

„

:^ 20- '

1

B

i!

-20

17%

i',20%

S.17

18

1

.

j'f—6

;vv.: ...6

r-Nov

13%

,

X United Steel Corp

•

*

'ic 17%",18
i';. 25
25%

17%

•

t

—

'•>

x:

•

'C.

»x-

Wabasso

530Mar-' ^ 22% July
X-10025-- '^SepX
' i34 -X Feb

109

100'

„—

General Bakeries

109

'110;-

„

Gypsum, Lime & Alabastine

•

v

" 16

•

—

.

4%

,

'

13:

14%

,Jan' -'20
^111

105% Jan
.

>h,-^800

110

Jan

'

*

Feb

-Ill ;

Feb

14

3%

Sep

175

15%

Sep

405

12%

Sep

common

Preferred fLiL—

100

6%

Sep

12%

Zellers
X-XX'

Limited

22%-

•

14W;;,o

5 %'■ (.preferred

*

25

-

25

xX'XX'

26

-

22%
13% :,14Mj

;XX

•6% ^preferred''——;
25 X
v.-XXX
Sb
:0<1.
; '
r 'X'X". X-/^XX'

—
—

;

>

^

:

-

16/Jan

20

iJun

j99

.

74%'Jan

I5

24% Nov

3,825

100

.

22

10%

/, •/-. 10 :

95

37 ^x!-.37%\ j. ^ 175.-,
27 ,y" X27 i".; -•
.10 X

34

Jan,

:x^ 768

May

.

31%-Oct

■

'Oct
Sep
Jan

99..8^b9
X

13% Feb

8% Jan

,

'xX

22%

100

common

20

'-x4:. ,x •
75
;75
24%

•

1,220

:'

27 X Apr
21% May
104

Apr

145-May,

25% Sep

29

Feb

27%

30

Jan

July

18% Jun

6%

r

i

Winnipeg Electric

25%

& Worts new com •

J

9%

9
20

.y
;X —'

May

■

14%

16

-

^

'110

..v;-- 3%'.-'-.:>.3%

General Steel Wares common—

105 XX

X. i V 345

110

'

xx;

-

Cotton

WilsilfffLtd'U-

.

i7i/2: r,i8

.

——100 X

,

.

:
• X

common

preferred

9',

Viau BiscuitXcommon—'

;

Jan

Walken Goodferham

Corp.,

Foundation Co of Canada

Holt,

y

45% Jan

39% Nov

-

Hamilton

41

Provincial Transport —
_•
Quebec Power—•

May

16

850

—i—•
'

50

11%

41

Kootenay Power—

preferred

280

12%

Electric

Powell
Power

24% Feb

15

Dryden Paper

5%%

35

12%

—25

^

Preferred

19
Apr
102% Jun

Oct

15

pfd_______100

——

Power

34%

—

—100

Page-Hersey Tubes

Oct

77

41%

Oct

XX, 5

450

^4%

——

Penmans Ltd

26% May
25% May

30%

Dominion Textile common—

5%

1Q

Railways—.
—*
Ottawa Light Heat Ac Power com—100

Jun

12% NOV

500

4,346

40

Preferred'^-————-——100

Gatlneau

17

Drug, preferred-—

X Ottawa Car

46
May
18% Nov

Jan

41

—•

Canad

.17

common——100

V Ontario Steel Products

31% Aug
53
Jan

July

—

Dominion, Tar & Chemical common.—*

Players

23 Vi

Ogilvie Flour Mills oommon———•

Aug
44%May

13% Nov
12% Sep
22% Sep

—25

—100
Dominion 8teel & Coal class B—-25

Famous

15%

21%

National Steel Car Corp———i——•
Niagara Wire Weaving
——
,* j'
Npranda Mines Ltd—•

78

28% Jan

—100

Dominion Stores Ltd—:

English Electric class

.15%

23 y4

*■

—

Preferred

.

'

^3% Apr
,20% Jan

13%

12%

50X!

•

Telegraph

National

29% Aug

31
Oct
13% Mar

preferred-,.—-

Dominion Glass common
Preferred ■ ———

*

'*'c

X: 15%

National Breweries common—«——♦

"■

—

East

'

Sep

235

.

Bros

'6

43

2,530
1,135

12 Va

Feb

13

2.600

23 Va

582

14%

Leather Co Ltd class A———* —
Class-'B;—i—v
Distillers Seagrams old common
—•
17%
Dominion Bridge —U-*
33

Donohue

?•

Nov

47

35%

13%

-i-

Paper 4'/2 %

'

6'

19

60

24 Vi May

46

13%

Davis

Donnacona

15%

Apr

37 y4

Jan

Jan.

35

Mining & Smelting—86%'
Consumers Glass—
*
" 41%

Coal

-Xi>;

'

Canadian! Pacific Railway

Dominion

191/3

28%

18%

47

15

•Consolidated

'

19

>

—

—W-<;

:.

Cottons

Price Bros &

CockshUtt Plow

100

30

31

15%

20%

67

31

:

20%

Jan

95

49

18

May
18% May

X Jan
„

50

18%

♦

29

25

30

Jan

.

211

50

13% V.■, 12%
29%
26

—♦

X „y ,!,y-v„

(Robert)

Preferred

.

32

X;; 60

;

140

35

30

35

Va

Nov

X- NOV "

.10% Sep

50

5

35

Jan

43
,

—

40

--

*;C

common

Montreal Light Heat At Power Cons
• '
20
Locomotive Works—l£f

,

25% Nov

40

27%

13%

50

2,386

40

Jan

•.

-

common

or* X

18%

Feb *

Apr

Montreal Tramways —.———100

July

"r

Canadian Locomotive

,

54% Nov

260,

25%

Mitchell

July
14% May
22% Jan

40
23

25%

;:;",-v.
,
U;Canadian Ind Alcohol common——14%
^

'

"130 '
r 808

47
59

JMontreal

2,240

.

Preferred —
-—^—25
Canadian Foreign Investment——
*

B

*'715

Oct

26

ISVa

X X

Aug

May

39% Sep

31% Oct

42
Nov v
12% Sep ,' -,

;

13% Mar

23

:

20% Mar

35

;;

57%

,42

25%

•

—*

common

56%

—

*

—

42

13
13%
18%X 18%

i

"
'

57

-23

...

42

13 '
T8%

,

Canadian Celanese
7% preferred
Rights
i—

.

9% Oct
13% Nov

5,236

,

v!

15%

40

Oct

34 y8

'

t-X—

3

McColl-Frontenac Oil

85

Jan

13%

Canadian Oar & Foundry common
•,
Class A W—V r.M.
:—20

Massey-Harris

5% May
,35. May
5% May

,

Sep

16%

'

35

20%

•

Mackinnon Structural Steel

Montreal

215

ro

-

29 Vz

Jan

8%
29

3^422

43

.25%

..

•

:

5,361

12%

38% Aug

33
X

15,527

15 y8

43

n%

Sep

17% Jan :
'

9

/

Feb

8% May

\

'v n

230

52%

15%

Jan

27

50

33

13%

—

Lewis Brothers ————-*

Jun

Juh
24% Feb
25% Jun

275

25%

15

—*

—

30%
46 x

'
;
X 12% X

*

—

29%July'

31

.

9%

32%

Molson'3 Breweries,^

19

aqi/p

(John)

Lake of the Woods common

30% Jan

14% Jan

-

,*»

Jan

Nov

18% Feb

13%

,

Labatt

Lang & Sons Ltd,'John A—
$ Laura Secord

Apr

Sep

*

_

Apr

Oct

19

—

v-

25

52%

International Utilities Corp——8

35
Jan
17% Apr

14V4 Sep

1,560

,

May
27% Sep
Feb

19%May

3

.18%, 18%

^

(

40

38%
oi/a

__

is

common

23% -Jan

290

,'/> <t

.

25

38

38%

International Petroleum Co Ltd
•
International Power common——*

12
102

2% Sep
'27 >, Jan
2% Sep

,

'v{

X

31

17%

7%

350

«

Oct

13%

'

2,435

-

8

29

12%

4;907

Feb

Sep
24
Oct ■,;> 216

30%

common——X.*.

Canada Northern Power Corp
i,
Canada Steamship enmmnn,
5% preferred■■■■' - x
Canadian Breweries common.

'X .•:•■•'. 730 •/.' 170
300
10%

12

29

Sep '

18%

27%

preferred ;r--H.-->-------.100
Foundries

2,090

3%

00%.

,,.*

55.

,

22%

•

5

enrnmnti

,

28

174% 179%

,

3%
29 W

■

6% Sep

"

13%

*

^25

international Nickel of Canada torn—*

Jan

13%

29

High

Low

13

7%
'

Range Sines January 1

High

12%

■

-

-

International

227

26% July

1,940

,

Jan

130

265

7%
95

18%

23%

Dredging-

Canadian Oils

21%, Apr %
"40 " Apr
26

15

—

CMiart*.i;»niM>t

Class

V

25%

22

Power

St

r

Canadan

July:

95

28

•'

Iron

35

185

27

7

95

•

190

26%

,15

Columbi&PowerCorp a■

Canada

,

Sep

•

100

Light

Columbia

$1.30

135

10

—

Building Prnrtneftc elcwe A

,

21

26%

Class B Xi

;

21

Limited^..—11%

Trao

Gold

"

.

'

■;

Shares '

12%

.

International Bronze common—.
Preferred
^

22% Jun

14
Mar
15% Sep

•

10

—

25

A,.

Bruck Silk Minn..,,,,,,-,,-.,,;:-.:. xx., /

Bulolo

6.050

38

,7

Bell

British

6,875

19%.

!

-

International Paper

Bathurst Power & Paper class *

British

18%

-

....

Sales

for Weak.

■

13%

Industrial Acceptance Corp com——*

High

Low

19

„•

—.

Ashdown .Hardware

Brazthan

Range Since January 1

^

*

.—.

preferred————.

Corp

16

„X-V'» X':
,

38

•

—

Shares

Low

Imperial Tobacco of Canada common.S
Preferred
'■
«

High

18
>

common

conv

Asbestos

18%

20

Co of Canada 4%%

Corp

4%%

*

19

,

common

Aluminium Ltd
Argus

~

Low

Imperial Oil Ltd

Sales
ferWeekXv

of Prices

Par
Abitibi Power & Paper cool.
;
$1.50 preferred
$2.50 preferred i.——.

X'^Xxxxx

Week's
Range

K*"!*

of Prices

*

Par.

X:pfXXpXXXMXXXXX}X;XXXXXXX. X Canadian.. Funds

Week'a

;

-

Sale Price

16% r '

•-

XX 7% Apr
-

20%

Feb

■

28

,X'.X^vXxuXv

V^

28
,
5,
■.:X^>XXXXXxxX:XX>iX/
,

.Banks X,:

Bridge

Renfrew

—•
100

common

Howard Smith Paper common
Preferred
,

Hudson Bay Mining & Smelting

For footnotes

see

page




2865.

:>!X—;t -v6%
"

•

100
•

52%
„

42%

780

Canadienne

45

8

40

Apr

45

Sep

Commerce

22%

23

'26%

28
v

20

Feb

"•

28

265

26

Sep

38

Apr

Montreal

25%

26

70

52

Oct

37

37%

35

Sep

45

52%
v;

4L'

•

527/a

X43>

•

435 -L

v

54 *
Sep
50 •'May

Nova Scotia

Royal

20

10

10

.24

,

24%

16%

Jan

1,245

19%

Jan

2,060

21%

Jan

27%

Apr

33%

Sep

39%

Apr

20

Jan

^X

75

1.420

22%
24

Feb
Juiy

25% July ft

' THE COMMERCIAL & FINANCIAL CHRONjiCLE

2862

CANADIAN

Monday, December 2, 1946

-

.

LISTED MARKETS

RANGE FOR WEEK

ENDING NOVEMBER 29

Last

Range

Sale Fries

of Prices

Sir area

Par

Low

Acme Glove Works
Auto

Fabrics

Class

i

class

Goldbeam

Salee
for Week

7

Lov

8

Nov
Nov

.

Nov

6% Aug

: 11

.150

11

5

B

Belgium

Power
Glove

&

&

5%
preferred
Brand & Millen

Paper class B

__»

5

100

5

Brandram-Henderson

Ltd

Vancouver Ltd

Bright <fc
British

Brit

Distil'

Co

of

Ltd

(T G)

American

&

13

-

21

*
*•

Company

;■ 5

15%
20%

Apr

3%

Nov

25

12

Nov

16%

Preferred

Jan

17

Lake Rowan

610

25

Butterfly Hosiery Co Ltd

Canada

<&

Canada

Co

Ltd

85

49

Nov

6,375

77%

10

10

275

*

'

'

105% Aug

295

Malting

Co Ltd
•
Northern Power 7%
pfd_ 100
Canadian Dredge & Dock Co Ltd._*_*
Canadian General Electric Co Ltd
50

;;;• 58,

Canada

Canadian Gen Investments Ltd
Canadian Industries common

110

-

755

5»
110

22%

21

55
*109

75

loo

1

"

30

265

5,500

84c

Aug

17,000

12c

July

1

5,100

25

15%

20

20

20%

188

188

188

15

178

Jan

195

Cons

60

1

60

Nov

70

Gold

Canadian

Gold

Mills

common

Ltd

B

.r-q,,'-':

—-

Engineering
Woollens

Fleet
"•ord

Pape*

6,500

12 %c July

18c

10,500

13c

3,500

10c

lie

4,500

10c

25c 28%c

28,600
4,700

25c

Nov

11,500

10e

3,700

640

Augr
July *'

1,500

13c

Aug

16c

1

Co

red

T.t.rt

53c

55C

21c

23C

•

Ltd*

1944

€50

65c

...■„

■„

:

5%

6%

pfd

5%

7%c

1.05

1.00

104
7%c
1.08

20c

22c

11,300

—19

17%

96c
8.80

19
101
190
26%
1.44
18 %e
1.02
8.80

1.00

_•

26%
1.40

1.30

__

Canadian OH

—•

—1

Aquarius Porcupine

—

480

—1

Armistice Gold

Arntfield

.

,

6%

7%

93

94

75

29c

26e

29c
86c

6,700
9,600

17c

15c

200

62,100

15%

15%

15%

300

6%c
7c
15c 17%c

20,400

—1

.

Mining,.

—t
>
.*10
A-**——10

Astoria

*

Athona

Atlak Steel

new

Gold

Aunor

,£-

Corp

Co

Invest.

Co.

red pfd__10O

cl A_

Ltd

;_*_**_

Power

6%

pfd

55

tfe'v

■;

32

28

_»
*

Ltd

8%

Jan

I8V4 July
115

Bank

25c

25c

I

Nov

'

50

23V*
24%
13%

23%

S,750

10

Jan

'

36% July

24%

150

22

Nov

29%

13%

26

52

Ltd

17

52

6

"

Manufacturing Co

14

Jan

23

May

11

Jan

13%

39 Vi

Jan

56

A

4c

4c

30c

(1937)

30c

2,090

4C

4,000 >

Aumaque Goldr Mines Ltd_.-i.__..

72C

72c

5 74c

Band Ore

43c

43c

43c

9o

10C

4,700

9c

Corp^.

'i

3c

3C

&

Mining Co Ltd—

•

.

---

3c

NOV

July

Bell TeleDhone' of
.x

,

■

Berens

-

Nov

49c

47c

b

NoV orj~>

30c '

NoV

15c

Jan

vM'f
3c

i

Centremaque Gold Mines Ltd
Century Mining Corp' Ltd

1

20c

^v-'20c

20c

600

9%c

Oct

i

28C

25c

28C

5,100

22c

July

26c

;.22C

25c

13,000

10c

13cl6y4c

13,700

i3c

Nov of'

16c

28,878

rT i

Mines

*_*.

Cortez Exploration
rmurnoT-

Dome

Mining

Mines

Donalda

Duvay

13c

_

32c

Ltd

30c

32c

26o.

1,000

18

Mines Ltd*.
Gold Mines

1
l

1.61

18%

50

1.34

1.61

10,800

75c

20c

200

2,500

20c

18

--

•

'Blue

Mines*-:

Elderidge
E1

Sol

Gold

Gold

For

S.15

Mines*

Mines

footnotes

see

page




4,600

12c

2865.

3.30
12C

2,100

.11c

35c

Ltd-

Mines

11
5

26

Oct
NOV

Feb *

Apr
May
27% Aug 1
2.40 Aug f
38%c Apr <
1.36 Jan ]
13
Feb -t
1.95 Jan »

;

1*

.,

,

,

<i\ Vl' < tf./,

«

30c Jan I
23c Mar a
85c Jan §
-24%o Feb 1

-

,

;

Jan
Apr
55c Jan.%
1.70 Apr • 3
62c Jan -j
18
Apr !
22c Jan
87c Feb (

12
102

50c Apr
10% NOV
55c Jan
1.02 Apr
1.55 Feb
7.25 Feb
-

'

:

•
.

!
%

.

1
y

12% Atig-... $:
6% Aug

60%cMar
Feb

Nov;

•

>

45c

Aug

70c

Sep
July

32

Aug

55c-

1.85
v

35c

3,500

35c

;

2.25 July

40

42

32c
-32c

38c
38o

7%C Jan
18
Sep
57c July

180
-180

-6,400
-6,400
25

'

76c

::

95c'
95c

•

r

;

.

Jan

320

27,800
1,282
5,400

-

180
180

39

•

-

174
174 :

Gold

Bonetal

X
-1

<

>

u*_.

Mines

*_——

Bralorne

*
—•

Mines,JLtdL*^

Brand & Millen class A
?

Brazilian Traction Light & Pwr

Apr

Brewers &

Aug

B re wis

Red

Lake

Feb

British American

Feb

British

Jan

Brit

Columbia

Oil

—'■

6

Feb

July

36C

Jan

Nov

61c

Oct

;

Class B
',v

British Dominion OIL*
Broulan

40

4%

i

Apr
July
Jun

if

May

67c

67c

72c

56,600 y

81c

70c

81c

«.r 20c

21c

22,100
6,508

47o

2.0c

12%»

t

12 %

22

■■
-.

,

•

'

-

12

22

r*
y

35c

9%c
12c

11%

-12

y

1—

Porcupine Mines, Ltd

1,855.

Jun

:v

10r
fh,

2,880 ;

24

22% 1

^ 16

*

5,855
246

16
20c

19c

5,500

26

•

267/s

y**

900

3%

3%

5,250

■-*

14

15%

273

Jan

14% Aug
14%

Feb

55c

Aug

30c

Jan

39 %e Jan

-—-18%
3%

Nov

Jun

30%

Jan

13 % Mar

15c
2o

Sep

91/,

Sep
Rpn

16%

Aug
Jan

5

Sep

17%

50

6

nov

11%

28

30

430

28

Jan

35

\'.y- 3

3»/8

1,111

15C

19c

41c

42c

13%

2%

Sep

Jiln

26c

28Va

7

•

Feb

27/a Nov
20y«

6%

•

Oct

30c

Jt»1V

10V4-Sep

f

•'

Feb

-45c

24% May

Nov

Sep
-Nov

13c

'■•

3%

-

3%.

■

*
•
-*
• '

.

July
9%c Nov

3,000
-3.600

•

Nov

92C

30c

—

1

.

8,415
•

July

21

:

72c

•

July

10

60

38c

9%c
11 %C

36c

12

9,300

; May

Nov
Nov

"

16c

75

15C -y

13d-

-

r

100

*

12

21%^

i5c

*.

-

;;:■■ 23% May

—Nov

4%

200

;y

-*

Forest

Columbia Packers class A

Class B

Apr

5
1

Mines

18

?

Jan

|
: ;

;

2.65 May v
216
Jun : I [
1.45 Jan

Oct
Aug ;

170
70c

Feb

Jun )
1.64 Jan : \

.51

'

Nov

67c

com—*

Distillers

18

18

L—-**^**_**-m.1|

Ltd**

Mines

I A.

28c

21% Jan32% Oct

:

68c
24c
27
40
28c
24 '

July

12C

1,260 y

;

21
21

,

"4%

Boycon Pershing Gold Alines^*.:

49c * Jan

July

15 %c July

6,200
6,200
1,200
260
260
100
100

68C
68c

19

80c

—1
——1 >*
—
X,T
*:;;
*4
;

British Columbia Power class A

East Sullivan

100

63c
t63e

common_L_—

Bonville

43c

180

1
*

Hais common

Ribbon

Boblo

Jun
•

"

37
37
8%c 8%C
8%C, 8Vic

-'33c

y.f
——1
10P
Canada*——___10P

Preferred
'

hen

Nov ^ O

*

—

Bldgood'Kirkland Gold—

Jan

1

'.19C

Nov

9c'

■

19c
19c

37
37

v

—_4.*___**_****_**^.*—-.***

Gold

i Biltmore

Feb

3c

-

Central;Cadillac Gold MineA Ud

Cheskirk

*

Jan ;v

103
230

'460 July
3.80 July

x

100

"

26%
26%

26
26

Sons 'class- A*-:*-a——1*.*

&
B

Class

"

July ; . " July b ^ r 1.50 Feb

:

•

River***—*

Bertram

:

11 %c Jan

Sep

40c

'

5,000
500

'

25c

800

;>»! 3d *■'. 3C
18 %c 19 %c

>:().

Dev

54c

,

Apr

53c

3,300

Ltd

Brazil Gold &r Diamond M

1,439

<

1.85 Aug : *
:

Oct
Nov

33c

39,200
39,200

14 %C
14c 14%C

w.

*—

Yellowlcnlle

Beaulieu

1--J.

Radium

&

Bevcourt Gold

Ltd.

Bonville-Gold Mines

Inc

5

18c
18c

__

**1
1

,

Bros class

Eerwick

Celt a

Nova Scotia

Exploration

wear

jjl
1

.10 v
10
„1Q
w*
10
—•
8%C
*
* v:
_X
\ 86c
1

Montreal

of

Beatty

Mining Stocks

.

Mines
——
Consolidated Mines

Bathurst Power class A

f

Jan

300

17

Products Corp Ltd

Athona- Mines-

V

*

•

r

20e

670
,670
2,000
2,000
19,900

—

Base Metals
-

132

May

of

Bank

.

25% Mar
Jun

Jan

:

May

43

Sep

8

20

100

Distillers of Canada Ltd

Mines

4.25

5

Bankfield

■

Arno

75C

1

,

A:

30C

Class

Bagamac

13

ttd__;*r*'*__*_*w_

Hotel

class

'

*

*>A

|;

21
Apr
40% Apr
Jan
July
ll%c Feb

24
107

JulV
9% NOV

26,260

>

22% Jua f

-

._lo

common*

Pwr

Fabrics

Auto
•
,

23c

—1

Mines

32c
32C
10
9%
9%
10
18c
23c
18c
23c
33c 36 %c
33c36%c
'
> «7C
67c •:;.75c
75c
4.25
4.10
:
11
11

97/a

-

—1

Mines

Aumaque Gold Mines

•

-

1,000

29C
29C

32c

—*

common

Aubelle Mines Ltd

____*

160

—1

Mines

Yellowxnife

Atlas

—

—1.
—I

Quebec Mines

82e

84C
-

^

,,

70 July
6c July
48c ~N0V
; 90
Oct
6% NOV
93
Oct
22o Oct
68c Mar
15c -Nov
12% Mar
6c July
15c Oct

1,655

93

—*

Hardware ^lass

Ashdown

6%

—a

Mines.**

uoid

* C

t,/

•
.100
100

Preferred

Arjon

-

•

Corp Ltd common

/

38,000
4,000
100
1,000

-

',-1

12%c

—1»'•'
—1

*

Ai'g us

*

&

1.12

8.75
1.12

Consolidated Resources.

Apex

com;_*

part 2nd pfd______B0

Canada

487
50
35
535

^

.

12%cl5%c
7%e
8c
48C
48c
loy2c„ lie

96c

—•

.

7,150
2,300
16,000
261
5,900

17c

—1 ;:

YellowknlfS

-

Grain

101

—

,

—1

Area:

IOO

*_*

Pulp & Paper 7%

103%

104

—*

Ansley

•

conv

21

100

Anglo

1

Stores*

Flour Mills

20%

.

.100

common

January 1g||*

14
Mar
15 r'; Sep
35% Sep
19% Sep
103
Sep
67/bC Oct
1,00 Nor
19c July
16
Sep,
99
Aug
129% Jun
26% Sep
1.00 July
13%c Oct
900 Sep
8.00July
90c Nov

5,898

19%:
38%

18

38%

i

_•

Corp of Canada—

16-18%,

19

185
26%

Ltd

«»•$,.

v

Prices^; Bhare*^

21c

common—

Preferred, *..^1-**.;-,..

•

Ltd

of

2,060
100
325
35
1,100
2,900

Anglo-Huronian
Anglo-Rouyn Mines.

•

ofd

iff

„

A

(tr WMk

50
_

~~

Ltd

Exchange

Amalgamated Larder Mines

*

common

Service

Woods

3.10 Oct

Fvnds

:"**.'

Sugar

Aluminum of Can pref

:

Enterprises

WliidROr

NOV

125

KJUlM

^25

—1,

Aluminium

*

Inc

Co

Crush

United

Oct

80

21,000

18%

ju* :■
_2Q

*—

Gold Mines
Algoma Steel common

Nova Scotia Lt & Pwr Co Ltd com*—*

Westeel

97/ac

6,500

10c

3.10

$

Aigei

pfd__T.____20

Mount Royal Rice Mills...

Thrift Stores

1.20 July

T.agt

Gas.

American

_

new com.

Akaitcho

•

Corporation Ltd
Mount Royal Hotel Co Ltd

Southmount

Nov

Limited.

Company

—*
-Acme

•

Ltd

Tel

53c

Co Ltd——.—-——

Oil

Acadia-Atlantic

100

Moore

Southern

J

1.52 July

20c20%c

■

_•

Montreal Refrig & Storage Ltd

Quebec

i

Jan

600

3.10

—

Reliance

Jan

38c

3,250

,

$2.50 preferred

*

Quebec

Apr

23c

Nov

2.00

9%c

Abltlbl Power & Paper
$1.50 preferred

,_i

Power & Papery

(Alfred)

ncn

42c

Oct

2.20

ffgala Prieo

Distilleries Ltd pfd
10
Minnesota & Ontario Paper Co
5'
Montreal Island Power
**__**•

6%

Nov

2.15

1 \

Par

•

■

Foundation

**«»RReV-Harris

Purity

Jan '

Friday

Melchers

Power

s

37c

2.00

5,

vi:

MacLaren Power.& Paper co':.r.'.;/'•
Maple Leaf Milling Co Ltd

Pauls

-

,

14c

14c

1
—

Toronto Stock

•

(Can) Ltd A

Paints

John

Orange

*

-

100

pfd;

International Paint

Nuclear

f-'llc.,

10c

10C

*

Hydro-Electri6 Securities Corp

Co

170

''

Mines

Oil

Royalite

•

,

Lowney

14c

-

Feb

rtomestead Oil & Gas Ltd

Corp Ltd com__._* '
6% cum red pfd_**_*'__***-._____100
Fraser Companies
•

Lambert

41 Vic Nov

**

40c

Oil Stocks.

Home

Power Sec

Lake St

Nov

_•

Worsteds

Mfg and Aircraft Ltd
Motor Co of Canada class A_

Investment

31 %c

Ltd_I~*

Works

&

Aircraft T.H

international

1,000

*

;

Fanny Farmer Candy
Federal Grain Co class A

Foreign

32c

Canadian

East Kootenay Power 7% pfd
Eastern Steel Products Ltd

cum

32c

'■ «

■

Dom Oilcloth & Linoleum Co. Ltd

6%%

7.80 May

1

**___•

Frefe; Llmitee A__

Falrchild

Sep

5

Textile

Aircraft Ccrp

fvmnjmonn

Aug

4.60

1

•

Dominion

80

500

coinmon____*

*;

•

Class

2,700

5-*

Villbona Gold Mines Ltd

*

Consolidated

Dominion

'

Jan

700

11c

5.25

Westvilie Mines

15

Consolidated Paper Com Ltd

David &

3.85

r
,

•

common

5% cumulative preferred

Cub

1.70 July

1.85

Wright Hargreavee-Mines Ltd—

Claude Neon General Advert Ltd com.*
Preferred ___*.i:***__*_
;
100

Preferred

2.22 May

5.25

Ltd

Mines

Steep Rock

u

Co.*

Commercial Alcohols Ltd

.:

'Sullivan Cons Mines Ltd

ioo

Ltd

1.76 May

1.09 Jan

10 %c

Soma-Duvernay Gold

_i

Products

2.50 July

1.00 Sep

5,000

•

common

Westinghouse

Pood

2,350
4,200

1.75

1

Mines

-

7.50 Jan

8.80
1.10

1
1
**1

Ltd

Ltd

Standard Gold Mines Ltd

Western Lumber Co

Canadian

Sep

1.05

...»

Mines

Jan

4.25

3.40

1.80

Gold

43c

;

1.65

..,_1

,

Mines^

Santiago

*

Cassidy's Limited
Catelli

„

1.00 July

'

ynVrni,;.,-,,^

Gold Mines Ltd

Crest

Slscoe

«

5%

preferred
Canadian Vickers Ltd
7% preferred **_*_

....,

Mines

fitaaacona

Canadian Marconi Company.
Canadian Pow & Pap Inv Ltd com

Ltd*

Yellowknife Gold*.

Quebec

Apr

1,800

{ A','AAA/A

\{:'

Dredging

Cadalllc

Gold

Red

Aug

60

*

f/y>''•

'

1

Cons Gold Dderdging

Pitt

July

15

'

Feb 'V
1.4l Feb ?

Feb

15%

,

42c

26%

18c

Pen-Ray

Feb

;i
Jun

Oct

2.60

»

Feb

Sep

15c

Pato

May

18

2.24

19c

2.60

1.32 ;

;.

Feb?;

13%

100

1.15

Rochette Gold. Mines I«td.....

./?

14% Sep
19
Sep

4,200

14%

if
Jan

9c
1.15

July

1

O'Brien Gold Mines ttd.

Aug

280

Oct
vv'A/'/■

258

50

34c

450

17,600

32c

1
Ltd

113% May

22% Nov

1

83p

70C

82 Vic

■

Apr ?

65c
f

(

i

Nov

73c

Oct

10c

KV

I

,

19% Feb

3%0 Aug

59.5UU

-

FeD

63

Jan

.

Sy'12#

10%C

ll%c

100'

6c

6c

1

—1

Normetal Mining. Corp Iitd, f it

Apr

29%

Jun

20

258

Sep

1

Nechi

11% May
108

:

sen

25

22%

258

258

I_*

7% preferred
Canadian Ingersoll Rand

22

21%

58c

10% Bep
29c
Oct

410

1,000

14%

Macdonald Mines

Apr
Apr

104

8% Mkr

40

100

Sugar.**.

Dominion

pfd

19,200

11

33c

-

•

i.

Mines

i

Apr

8-

4% Sep
67% Sep

is

1

6 %

73c

11
33c

Mines

Shore

Pandora

Calgary Power

1.15 Apr.

Lingside Gold Mines
Louvicourt Goldfields

Sep
28% Jan

Sep

55

■.

July

1

21

12% Jan

71%

73

34o

Sep

6c

Lingman Lake Gold Mines Ltd

Oct

106 106%

100

2,000

65c

1

Mines

littKe

Lake

Apr

13

5ya

4%.

Jan

36c

.*_***!

Joliet-Quebeo Mines Ltd

Feb

Oct

NOV

3'/8

50

27 %

50

55

1

common

2.05

5,000

'

'

Brown

Nov

1

J-M Consolidated Gold Mines Ltd

Apr

1

:

21

26%

iV.

'.

com__*

V

15

Nov

9%
18

540

VB"-

Mar

5

25

.

13

15

175
125

19

3%

15

5

Ltd-.-**

Pap Ltd

■■

•

:

common.*

Oil Co

Columbia Pulp

3%

•

^

12

19

3%

20

;

A___

r/

6%

11%

Hosiery of Can Ltd-*

Ltd

Brewers

&

5%

6%

Mar

25c

35c

Hudson Rand Gold..

JacK.

Bathurst

Nov -58c

16,100

12l/4 Aug

11

A.

63,500

45c

44 %c

Holllnger Consolidated Gold.

Jun

-12

7

7%c

7c

Heva Gold Mines „...I

High

.

52

,

1.45 Apr \

80c

6c

80C

1
1

Mines

Goldvue

60o

74c

Ltd___*-~—1

Bang* Sine* January 1

High

7 "X

v'

,

Range Sine* January ]

High

Gold

Found Lake

Week's

Friday

Low

Mines

Formaque Gold Mines

Canadian Funds
STOCKS

Shares

•f Prices

Par

"

for Week

Range

La at

Bale Price

Montreal Curb Market

0llM

Week'r.

Friday

Jan

Jun
Jun

May

5Va May

9,000 '

13c

Oct

55c

Jan

2,950

40c

July

72c

Jan

Volume 164

Number 454?

THE COMMERCIAL ft FINANCIAL
CHRONICLE

CANADIAN

LISTED

2863,

MARKETS

RANGE FOR WEEK ENDING
NOVEMBER 29

Friday

Week's

ftLast
STOCKS—

'

>'',;

'

-'

*
H

,

';

i

,

BUffadlson Gold Mines..
Canadian

Gold

™1

Mines

Burlington
Burns

*

& Co. class A

Class B

—

22C

*

21c

Flon

Red

New

B

pfd—*

Perinaueni.

Oct

41c

Sep

56c

2.00

Mortgage

1UO

430

49%

50

225

22%

26

25%

25

,

•

13 lA

13

18 %

'57'A

21

;

20

14'A

Pacific; R?...;...;.....,...,,28'.

13'A

14'A

2,475

13'A

26

28

70C

70c

1,540

17'A
12%

18%

630

13%

3,910

26

27

60

>28
;

18

13 Vi

-

Canadian Wirebound
Box—-—-—J*
V

A..A
2.75

2.65

1.35

1.35

2.01

2.00

2.05
17c

■

1

Mines
—:
1
Chesterville Larder Lake Gold
Mines
1
Gold Mines
—1
Circle Bar
——'
*
x'

'/

t

Willans

Coin

■

I

V

Gold

\

22c

27c

Yellowknife

Mines

* 1

Consolidated

■

29c

1.05

1.10

4,100

82

87

1,495

1.05

86%

167

>

'

>.

—1.

Mining

Bank

Dominion

Coal

......

Foundries

Steel

Dominion

ftc Steel com

Stores

class

B

Feb

>40

i5c

15c

9e

9c

30'A

Tar

1.80

12c

17%

27'A

16

Gold

Farmer
Grain

Candy Shops
common

PpdPTfll

Kirklanrt

ClaSs
Fleet
Ford

Ltd

Frobisher
Gatineau

•
•

Exploration
Power

common

•




36o

Nov

9

10%

200

48c

55c

3,380

15c 17 %c

5,700

1.00

1.07

Headway Red Lake Gold

-1

11'Ac

__1

26c

26c

26c

..1

1.33

1.33

1.35

1,550

73c

64c

74c

170,375

190

18c

20c

27,400

7%c

7%c

20

20

10%

11%

Gold
Mascot

Gold

11%
•

Homer

Hosoo

Howey Gold

A

42

5

4,711
15

24

10

23

Mar

23

10

23

Nov

14

13

Jan

20

40

Nov

20

,

19c|

July
July
Aug

,

23

Jan

llC

OCt

30c

Jan

July
U.18 Sep

69c

Class B

.

11%
common

.100

r

Nov

15 %C

Oct

25C

Nov

Sep

14 %C

f

6c

27

Apr

10

19%

Feb

Preferred

Varnish
Lake

Indian

12'A

33%

5c

May

lie

Jun „V.

38c

July
Aug

74c

Jan

73c

Feb

53%

Sep

::

30c

.

13%

common..^

8%

20c

Metals

class A

Uranium

Mining

103

1

65c
10c

14c

Jason

Mines

Kelvinator

■

Kerr-Addison

Lake

NOV:

IOC

4. 41c
lie

43c

6,900

36c

July
July
Nov..

% 65c

9c

1,860

lie
23

6c

4,500

mi 23

,

15

.,■>••-

3c
45c

2.25

Nov

23

21c

4 9c

-

July

10c

.

Nov

.

y fu
■' •'

80c

Jan

-

.

50c

142,500

13%

4"; 2,036

36c

40c

12,650

36c

5<l

1.00

■■I

1.00

200

95c

Nov

Nov

35c
r

1.76

11% July

1.30

1.40

12,625

15c

15C

500

140

*

& Exploration

13,550

26

25%.

26

490

5.85

6.00

17%
v

1.40

40c

2.30

24% Mar

5.95

33o

33c

44—1.16. Sep

July
,

,i:i

Jan

1

May )'■'>■
Feb

-

14%

100

20

20%

435

20

1.12

385:

75o

690

75C

38,100

4

*

7'Ac

7'Ac

1

33,300 %

T,47(r
v

f;

365'

1,660

«.

120
.

3.85 Nov

1,065'

9

112

6%

■" 8q

500;!

: 12

:

-''•"■v':

6'/4

28q
2.86

2.85

3,400

2.90

1,720

17%

18

110

3%

Lamaque Gold Mines

Feb

July
Jan

Mines.

Luz

14%

•

—*

4%

_

,

Jan
Nov

6% Sep
11% Oct

Laura Secord Candy

45o

4.60

Lebel Oro

*r

,

Jan

Groceterias class A—

Loblaw

v

250

v

3%c

4 1,500

1.22

1.27

/. 4,975

30c

32c

1.11

.1.32

1.80

1.78

1.90

Apr
Feb
Nov

Jan
Feb

11
62c
1.46

32%

19c

Oct

Jan
Jan

Jan

Nov

7c

,

4: 8.00

.

4'

July
.Sep

.

20c

1.20

July
July
July

18c

Sep

71c
Sep
23'A Apr
8'Ac May

4-

3'/4c Nov

68c

Feb

8.75 Mar

Nov

25c
19

Jan

1.55
37c

4

Jan

1.50 Oct

Jan

1.46

Feb

3.45

a

Jan

31%

■„

Gold

Lundward

Lynx

—-1':

Mines———

Macassa

4;..

25c

Lake

31%
2.70

7,000

26%

3,500

205

36

27% Jan

.

19,800

25c 26 %c

1

Mines

Macfie Red

V',4-180

;

30

2.55

2.70

Yellowknife Gold—

Feb

%

31

33c 4 37c

:

Goldfields

«

Jan

30c

July '

23c

.

July

Aug
May

4.45

1.02 July

Sep

86c

Apr

45c

/

.

■J.

Feb

Oct

6.35

>' 22% July i
65

May
Sep
Aug

11:
134

3.10:

—.

MacLeod-Cock snutt Gold Mines.
MacMillan
Maasen

(H

Red

1

Mines

1

Magnet Consolidated Gold

Jan

Malartic

8

Nov

Fields

:

2.96

'

"

75c

Feb

Marlon

Rouyn

1

22 %C

Feb

Martin-McNeely Mines

Jan

20

Jan

111

HI

:vv

Jun

McColl

Sep

New

7% Apr

*

common

Preferred

July
-

20

Frontenac
4 %

Oil

preferred

McDouglas Segur

255

common
:—

i6

4
•4i:

13
60c

40,100

21c

July
July
July

1,000

10c

24c
11c

12%

16

2,880

"

!..

28%

28 %

28%

325

21%

22%

50

102 y2

103

45

7c

7c

4,000

4 12%. Nov
25
Sep
16%. Jan
102%
6c

Jan

Feb

3.75

Jan

Jan
Jan

May

17% Mav
;v

Nov

22c

5c ^

95c
10C

July

1,500
3,000

Jan

July
July

5.45

July

85c

3.75

19

3C .Apr..

6'Ac

102%

•

100

.

60

"•

•

:

Sep

:»'84c

V

;.■■;■:*•

7.50
'

1.50 July

38c

,

,

5.00

iS; 35c

*i'. 2.45 July

3,400

8,000

11c

Gold

14%

.4;

July
Oct.:

1.50 July

4,650
515

3,475
;

y.;
13%
13%

27c

2.50

15c

.

6,000

1.75

44c

85C

Mar

f.

3.10

'450

—1

14

17%

.3%C

Gold

109

'■

31170

Marcus

105

900

1.75

^o:.'3c

44c

Jan

5.55

11,000

l'3C-

7% Aug
-

17 %

2.70 Oct

9,860

:

.

1'.73:

1
•

—

1-

24c

'

3.05

1

Manitoba & Eastern

,

1

3.80

23c

1.65
''

Gold

3.25

3.10
-

1.75

R)

Lake

Gold

3.10

3.80
S
-V

24c

30

.

May

26% Mar

•

5.55 July

'2,600

31%

>'

4.25

i
;

"6,500
132,500

32%

3% Sep

20,900

20

100

819

.-

1.32

Class B

Louvicourt

Jans

390

.780

2,000

35c

19

3%c

19% Nov
Oct

9'Ao

34c

32C

__1

2.85

4.50

1.27'

1

Maple Leaf Milling common
Maralgo

Oct

13

5.80

1

1

71c

■h

(

.

Jan ;

Jan

29 %

,

7'Ac Nov

4.50;

350-

——1

Gold

36.,

"•

*•

Jan

Jan

14% Jun
15% Aug
22% Aug
1.38 Sep
1.45

14%

5.80

;

19%.

——

Llngman Lake Gold Mines
1
Little Long. Lac Gold Mines Ltd——.*

Jant

3.35 Jan

-

i.

Feb

2.90

July
July
July

23c

9%o

"i

Lapaska Mines

Lex in din

5

'

5.80

13 y4 Aug
5% Nov

3% Nov
\

4.50

———*

8C

14

Lapa Caddilac

Massay-Harris

110

109% 109%

;®0

7% Nov

10.

30c

Sep

5% Jan
7c

'75

■

Mar

43%
;

8,800

•

•',7%

12% -1 *'.•*'
25
3% '4 :
4 W
9,660
19%
20
2,325
28c

Sep
July

34c
Nov
23 V», Oct

.

W*

49%

7%:

7%c

37c

leys

48

Mines

Mines, Ltd

MacDonald

17%.
vv

83c

67,600

60c
40C

Gold

Fortune

13c

Nov

\

Jan

Jan "

55c

Oct

4.55

1,795
6,150
7,100 "
7,100
1,185 ;

34C

62ov Feb

2.30 July
8% Nov
13% Oct

52c

Lake

Lake Shore
La

1.85

1.15 July

33c

Jun

May

2.40 Sep/
58c May

Oct

8,000

2,900

"

Apr

; -•

37c
•? 30

Nov

35c

13%
■■

—

■

Mining

28% Jun

■

r

.

1

(John)

30 %

July

'1:1,

•■'. Feb : |

2.09

'

—_—1

—

Mar
■

;;; 71c

13c

..

2,053

13%

—I

Kirkland Townsite

58C.

66,125

1

1

47

27%

Nov

5c

-41c*

..1

Gate

106

Nov.

84C

■-

111

—

Gold Mines

Golden

Oct

;4J 13% Nov

Nov.;

30

.

Kenville Gold Mines:

Sep

29

,

4c

10c

Co

35'A May

1,000

690

._1

Kayrand

■•4 1.65 Jan
■;
29% Jun'j

Oct

Oct

4,000

5c

.

Apr

-

4c

810

—

Jun
Jan

16c

7c

7c

——

Quebec

:■!•

4i

15% July

40c

41e

Jellicoe Mines

17
80c

•

40

-

J M Consolidated

Feb

8% Aug '

Oct
Nov

101

24,600

13 %c

Jan

157/a

21

3,400

10c

15o

Mines——

Jollet

65c

30% Aug
17%

-

9% Jan

62c

5,085
7,970

:

.

26

,

•

50

33

65c

Walte

12%

325

15%

13%

Aug

Jan..

20c

2,600

31

r

15

Jun

Jan

7%

•

,•

,125

29'/a

103 103%

32%

-

620

75c

28

16

110

;

Jan

12% Nov
13% Nov

60

-

■;,

Jan
Jun

Oct

20

13,250
^

V

May

30c
15

July

9% Sep

50

24-25
M-

29

Jacknife
Jacola

15

21c

11%

'750

75c

*
—

International

15

,20c
11

4'A% preferred
100
International Nickel Co common
*
International
Petroleum
—_—*

Jack

V

15

*s

——1-

—,——6/

50

n

1

200

Inspiration Min & Devel——_—1
International Bronee common
*
International

7c

9%

2,710

8%

—.——

(John)

52% July
34% Sep

?

13%

—:—.—,—

Imperial

^

*29

29

13

\

Jan

Jan

35c

95

29

4.40

Nov

y;5\,v, 40

11%

Sep

2.35 Nov

it* 9c

1,215

13%-

Imperial Oil
•
imperial Tobacco- of Canada ordinary.5
..

>

Jan

19% Nov

10

-

Jan

74c

105% 105%

Imperial Bank—10

'

42%

—

Huron & Erie

1

40%

v

Jan

3.60

Oct

340

;

53%

Jan

51c

16,000

12%

Leitch Gold Mines. Ltd
,

6c

!:::7%

3%

50%

12%" Mar

1.65

Kv

'A,

Jan

31c

28 % July

180

4.25

19

Apr

'2.70

SO '

3,850

10C

Kirkland

26

3.95

4

36c

11%

Jun

14%

24%

8c

35c
53%

1

1.02

■

45c

Nov

19c

•

9,650

10C

Lake Dufault Mines Ltd

14%

9

July

17,700

12%

Feb-

24%

120

-

42%

7

1.55

:

48c

36C

A_.—"

Nov

4.00

-

.-1

3

24'A

*

Mines-

1

5'Ac

18

60

450

„

Howard Smith Paper preferred—50
Hudson Bay Mining & smelting
•
Hugh Malartic
—.—1

Laguerre Gold Mines

Z.000

40c

5%c

46c

Hunt's Ltd class

•

Labatt

17,400

A., 60c

5%c

Jun

16c

15,800

.1

Feb

16 % May
1.24 Jan

Nov;

97c

1,210

10c

'

Gold Mines..

Labrador

40c

;;• '-,1.10.

2.50

Jar.

21 %

Julyv

2,520

2.45

9%C

Jan

10c

12%

13c

1,000
100

1

10c
-1

•

12c

2.50

Yellowknife

Jun

21c

v

m

Highridge Mining

Jan

39C

20Va

V

new

11c

;

6% Sep
18
Sep
9% Sep

7,312
:5,000
1,500

Hedley

18c

July.;,

48c

Apr
Jun

10% May

July

"c

114,862

1.05

Nov

20c

66-'

48C\

59c

Jun

25

1.65

•

-1

Mines

39

40c
■

—1

Mar

18'A

5c

\

Jun

15

bep

-

Apr

70

f

Oct

5'/4 Mar

10

10'A

35%

Jan

13

9'A ,■:■■'? 75;-

18

Jan

r30'Ac July

:

632

18

Jun

26c

.

Jan

>:

9

100

19'A

225

14%

# v9V

7'Ac

15
42

36c •;£ :•■'■ 2,aoo

14%

■

.6%

30

aw

X:: 1,729
61: .285
12 y,-y;.',y. 25

■;y: 36c

laVA

Oct

22

Nov

9c

24

12:

-

25%

Nov

20

2,000

6%

Sep

60c

_____100
•

59%

Sep

15% Jun

;

:"i

50

1,000

Kirkland Hudson

Jun

13

50

:

*

Mines—.——

Gold

Feb

23

'

<

•

20

,22

..

.

22-

10'/4c 10'/4c

24

.

C

:>y

20

15,000

Mar

85c

—_————100

preferred

General Bakeries

Jun

22

4'A

26

26,000

18

—

Aug

12'A

7'Ac

27

380,400

*

A

57

10%

4'A

30

1.60

•

Gold

preferred

5 'A %

class

1.75 Aug

Jan

13

1.62

*

Aircraft-

Canada

Jun

13% May
9% Mar

12%

&

of

Apr

30

1.40

...—10

common

52% July

250

6%c

495

20c

"A"

Mfg
Co

Francoeur

5%

Mining..

Products preferred

1.48

30 % July
126
Jun

32 %

1.30

•

100

225

11%

1

Mines

Apr

55 '/4

..

■"

f.i

Oct

1.59

,

Gold

Jan

1.15

55

,

Mines——

35c

July
July

11%

mj-

23c

1.90 Jan

Nov

~1.6t
'

1

Preferred

Fittings

•

Oct

Nov

23

•

common

May

30

*

new

Nov

13

24

.

English Electric class A——-±—*

Players

Feb

May

89c

V14'

■

—20

Palconbridge Nickel

3.05

30c

Oct

17% Sep

~

1

si,

'

28

■

Mines—■

Mines——......1

125

29%

3'A42

14%

'

Mines

99% Mar

29

9

Gold

80

;30

•

■.

29%

..

—

Oct

24%

5

*

Mines

116

—

.

Mar

70c

40

3.35

Federal

Mar

105

97

10 '/a

8%

Fanny

16

Sep

1.00

145

'13

Steel

Eddy Paper

Sep
Jun

65c

2,410

28

.

13

*

■

18%

3.15

Famous

29c

20%c Jan
34

16

72,100

10'/a

•

—

110

y

■

Gold

Kirkland

3.30

Eld on a

Oct

Feb

5c

325

1.15

—h.—\ ;-8%
Washing—^...—
1—*■

El Sol

3

19c

48,400

106% 106%

Feb-

1.15 Feb

Nov

1.50

7,750
3,755

18

1

Elder

55

11

■

35,900

73c

16

90c

•

East Malartic Mines

Fibre

-

65c

1

Eastern

"

29% Jan

1,600
28,500

57c

15%

-

^

•

1.13

10 %r

Mines,..,,:,......,.l

East Sullivan

210

r.

47c

'

common.....———.*

$Alnes

Gold

11%

a-lOc,

27%

■
j--,
n-:
-1
Mining Co..^—.1

-■

185

14c
9c

,

1,100

•.

30%

1.07

18%

'

*

Woolens

'Easy

4,000

.

1.01

,

i

7,400
700

1.40

14'Ac
;

10

90c

87c

9c

_25

trust certificates..-

'Apr

Sep

25
——

'East AmphL Mines.—
East Crest

.

32

Mar

106%

——*

uonalda

n

Oct

•1.75

lie

10

Dominion

■.if

26

1.00 July
40
Nov
80c
May
1.20 Oct

....

-

1.95 Feb

3,700

M'

If;

Apr

July:

1.45

preferred—*——-■—i.*

Dominion

AY

188%

Oct

90c

Jun

1.40

1.03

common

common.

Duvay

103

70c

1.75

i.:.!,'..*'

preferred—;.

Dairies

Duquesne

"

86c

Dominion Scottish Inv common..*—_1
Preferred
——.50 /

s.

164

Oct

Oct

30%

-100

;...

Fabrics

Voting

Apr
v-1,27 Nov

-

July

73c

,f

12 %c May

19c

22

-

40c

17%,

....

Dominion

Dominion

1.38 Apr
2.85 Feb

Jan

25c

,

...

v.,;.,

4'Ac Oct

Heath

1.05 Jan

1.02 Nov>-,

275

52c

;

8c

33c

1,450

.

19c

Apr

1,400
3,225

1,12

Dominion

jis-

27'A

40

zmi

Mineg.,Ltfl........unV,.m

2nd

19

Nov
1.75 Nov,

2,120

1.30

Lake

—

Diversified

Dominion

Oct

76 y«

vy:

30c

;

Mines

Rea

Preferred

Dominion

Nov

16'A

■

51c

90c

Discovery Yellowknife
Distillers Seagrams common—

Dome

••

27c

91

,K 90C

11%

Nickel

3*500
6,200

6c

61

Hasaga Mines

Jun

1.42

«

Detta Red Lake Mines

16c
37c

6c

17'Ac

5.00 Feb

■

Dickenson

Aug

30c

De.ime Mines

■:

25

47c

50c

1

A—

16c

common—*

Jan

Nov

3.25 Nov

2.00 Jan

35c

-1

Jan

Jan

..

..1

Heva

Feb

1.30

16c

Swayze——-1,

Harrlcana

.

Jan

25c

79c

37c

•

51c

Class B
Denlson

179

90c

170
,

,,■...*.^^..^^..1

class

Jan

39c

240

Davies Petroleum
Leather

38.900

:

Harker Gold

4.70 Aug
58c
Nov

July-

12%

200

18'A

————100

.

2.10

*

27c

2.40 July

4,000

1.75

18

27

;

2.81

2.99

50

-■

Rock

Inglis

Patricia Gold

D'Aragon Mines

-V

Nov":

18%
10c

1,000

1.75

——————————.1
Pershing Mines
1

crowshore

-'

43c

18

&

Crow's Nest Coal—

53c

788

1.75

Cub.. Aircraft-.-..——-..—•

Davis

12%

27c

—

——-———

Rubber

1.90 Jan

21 %c Nov
1.41 Mar

;

3,050

41c

-

Crestauraum
oroinor

2.95

12'A

Imperial MHlS.—

Cournor

10,500

Oct

Hinde & Dauche

>

T

Smelting
&
Consumers Gas (Toronto)——-—..100
ConweBt Exploration
.n,.*.
Cosmos

2.81

-

'

Mining

July
Julv

16c

Highwood-Sarcee Oil

60c

Jan

.!

2.90

*
.

8c
70o

Jan

16

Sep

Feb

Feb

5,300

44'Ac Jan

July

7
43o

23,200

5

Bakeries..-..
Consolidated Beattie

15c

39c

87c

4,405

4.40 Apr

W 3.00*

Nov

15c

2.10 Feb

I

1.85 July
15c July

70

lie

27c

Consolidated

24% Feb;
20
May

16c

2»yaC July

4,500
9.ZU0

33c

Harding Carpet————.———*

18% Nov

Jan

85c

Hamilton Bridge——
Hamilton Cotton

1.35 Fen

2.50 July
1.30 Sep

22,800

21

IOC

<

12%

1

5,615

1

Coniagas

July
13% Jan
12% Oct
24% Sep

102,900
$

56c

53c

,y

21

■

—

Colomac

,v

54c

1

Lake

50c

88c '

28c

Brass common—.—'—'—-.—*:

Halllwell

Hard

Nov

80c

Gypsum. Lime Sc Alabastine

Halcrow

May
May
May

2,500

.4.00

10'Ac

y.^-

■

46

100

3.90

.

•

.

Mines

■

26

Oct

8,561

26c

—1

\ ',l {K

27

Nov

23%

52c

4.00

Chimo

'

&

:

20% Jun

12 y4

8'A

45c

Cheskirk

' v,1'

Jan

54c

30c

Gunnar Gold

Hahn

Feb
Feb

80c

i

y::

.

18c
26c

.

ft/'"' -->■" 13'Ac

Great Lakes Paper
common..—*

Jum

800

22c

,

<

16c :
25c

,

Feb

22c

Sep

5c

;

1

Great West Saddlery common..—*

Feb

210

1.40

1

Cochenour

18c ::
25c

—

Aug
30% May

Nov

4'

8.75
25c

NoV''y

24,396

.

Jan

22%

'!

MjKay class A...;—»»»»—*
3

Class

78

24

1,200
4,050 .:

1

Cockshutt ?'"■ hi

20%
*

55c

Grafton Sc. Co class A———r
Graham Bousquet
1
10%c

Jun

17% Nov
13% Nov

1,900

Porcupine
1
16y4c
16C
Centremaque T;
;
-•■,-;■'■■
1. U •■20c:;' 19'Ac
Chateau Gal
Wines———————,:—*
18%
8'A

Citralam

Gordon

May

12 '

2.75

Central

Research

32

32

54c

10c

3,000

55c

1

5.05 July

6,000

V

J

Tire
Preferred

'<*1

,«*«

Mines

Jan

590

•

'

—1

Gold

29% Aug
32% Jun>

Sep

21

:<^"855

1

Canadian

Patricia

Mar

5,799

5'Ac

,

21% Aug
101% Nov

100

1

Goodyear

.

6.00

11c 12'Ac

514c

1

■y' " Preferred

Sep

19

70c

Trethewey

,

Nov

375

Maiarticr

Quarts

■

-i\,

5.75-

5

Hiah

10% Mar
July

56

.1

Goldvue Mines

Jun

12%

20

A—•

•

24

18'A

150

Eagle Mines

Goodfish

Jun

Jan

54% Nov

15'A

Oils com—•

./

Sep

53

22% Jan

120

1

Feb

175

:

14'A

15% *

*

,

Mar

23

-

1

—

——1

i

11c

lannary 1

Low

••■■■•:'■''■

20

5'/4o

?

.

*

com

205

22 V*
25

—

Goldora

Apr

Nov

395

22

21

.'•%■

■•:>,.•

—• '■

Goldhawk

Aug
44% July

21'A

Jan

20

Ltd

64
v

19

'

90

19

54 'A

Oct

47

160

13'A

18%
57'A

Canadian

ii

;

,

31'A

13%

285

25%

Canadian

■If

/

28%

24%

*

178

'

1,120

12'A

A

Industrial Alcohol
■'. Class B—
Canadian Locomotive

.

900
.

26

; 28'A

——•

Canadian

if

26

,

23

25

28%

Canadian Food Products cdmraon—*

i

Oct

J

,•

,

Jan

16%

14

,23

•

-

Mar

36

1,065

185

25%

common

;r-

53

■

182

25%

•

common

I ~';v.

40

300

,

v

—

•

>.

Oct

13%

—

*

...

30

Mines

Golden Arrow Mines—
Golden Manitou Mines

3.60 Jun

—

*

Class A

Gold

<>,•'

82% May
25'A Jun

-.'100

17%

20

Dredge

Sep I,.
Oct

r

Range Slnei

High

101% 101'A

•

6.00

v.

1

1

Goldcrest

Jan

Jan

ioo

38

17

1.72

2.95

14%

57 A

37'/a

Nov

66

35

vf

30 A

'87%

1.55

7,950

V

J®/?

30'A

■:

2,690

A"

2.05

70 A

16

—

17

common

Canadian Celanese

Gold

1.90

70'A

.—

I'

Lake

Low
17

^101%

1

—

Goldale Mine

Jan

;

Gold

'

17

100

Lake-Porcupine Gold—

God's

Jun

20c

50

Canners

Chemical

19% May

500

37%

common

preferred
Canadian Car & Fdry

Central

Nov

22y4c 22 Ac

-•

1st preferred

;

16

—

...—*

A.

Conv

Castle

-

Shares

♦

Yellowknife Gold Mines

Glenora

Feb

11c

of Commerce..
.10
Canadian Breweries common
...——•

Cariboo

44c

II,500

Canadian Bank

T/*

July

16

30'A

—

Steamship
Preferred.

Class

17

19c

14c

—

class

Canada

Canadian

11% Sep

5,500
* 100

Giant
Gillies
-

July
Apr

1.65

*

B—

Canadian

27

16

Malting

Canaaa

Jan

1.60

20

Packers
■

■

22 y»

12%c

—

50 yTy.

common.

preferred

& - Class

Sep

13c

1

class

Cement

Canada
Canada

Jun

General Products Mfg class A—
;■■■ Preferred

i

9%C May
15
Apr

1-65

Lake

Bread

Canada

85

*

Oils

Campbell

Feb

1

Flln

Calmont

Jan

97c

1

Calgary & Edmonton
Callinan

45c

Jun.

200

25c

.

15c

11%

Skim
for Week

ef Prices

Far

Apr

270

•

24 A
14 ^

•.

Canada

30

24
I4 ^

High

23% Mar
4'Ac Jan

;

I,000

Week's

Bangs

Sals Frist

.

'

July
July

1.64

Friday

.

'

,

15c

825

•

42
„

——.

;;

30

95c
'

5,600
48,300

V

5%c

5l/ac

—

Calder Bousquet Gold
.....—1
Caldwell Linen 2nd
preferred
*

;4fi,ioo

34c

-

28%

—

12

•

—_i—.—-

31c

i<

28 %

*

1.25

.v.

Last

Jtonge Sines January 1
Loto

17c 18 Ac

Sic

*

feteel/—

1.18

17c

.

1'

Shares

to»- M*.-

.

1.25

•

Buffalo Red Lake
Mines.,;
Building Products—
Bunker Hill
i.—
^

»*

*

,

STOCKS

.

for Week

of Prices

.

Buffaio

Far

Bales

Range

Sale Pries

-■■'

15 %c
2.20

Jan
Jan

51c

■v,

Feb

45c

Jan

21

Apr

35'A
26

Jan

Vu

Jun

Nov

103 Va

Nov

Oct

14c

Feb

■,

THE

Monday, December 2, 1946

COMMERCIAL,# FINANCIAL CHRONICLE

CANADIAN LISTED MARKETS
EANGE FOB

ENDING NOVEMBER *29

<">

.

STOCKS

// ;/7lWday

:!/;'/ WC«Mr77/galsi 7:^^

Last

-

Ranie

Solo Prleo

Par

Par

■

Mclntyre Porcupine Mines

1

McKenzle

Silverwood's Dairies class A,

1

Red

Lake

Mines

1.

T

aacjviuxmac

Red

McWatters

Gold

Lake

Gold

Mercury Mills

•

Mid-Continental
Milton

Oil

&

Gas

a,,;,,-;,.;/

Class B'

•

Brick

7_*

;

Slacoe

Mines

Jan 'V

24

Jan,,;''

55c

37c

40c

30

30

17%

17%

—94c

90c

94c

5,700

63c

65c

4,883

8»A

8>A

8%

135

57/a

5%

6

500

65c

Standard Chemical

>

27%

common.

—•

common..

Paving

—*

Preferred

.

•

Standard Radio class A

,.."V '*'7-7 7. 5%*

-»

Class B

/

75

25

'7 "63c

8'A Nov
Oct

5 Va

10%

50

2T 68c

Stedman//.

17

17

25

Steel

78

80

175 "

co

ol

Canada

common...—...*

Preferred

80

,

.23,

'

85

Steeloy Mining Corp.—,——,7v i9o
Rock

Steep

Iron

Mines_

'

Surf

Cons

Inlet

Consol

9%c

1,000

2.25

5,600

Qniri

an*

-

_

Mine*

(G)

Preferred

34c

*

i.

Toronto Iron Works class A—
Finance

Class

B

Tuckett
Twin

City

nniAtt

■

Tobacco
common—

•*

-rr1

—

—-^1

new

—♦'.'.'25%

24%

26

62c

57c

62c

28c

27c

28c

2,800
1,500

,

;

1

Consolidated—

.

*

"'^4
' f

Westeel Products ——/—.—7.

4

Purdy Mica
Purity Flour

4 Oct
Jan

<

257 Mar ^^ ' 36% May

108Va Feb

103% NOV

40

-

33%C

41c

14%

99

1

P»;

5

'^17:23

:/3.15

3.05

24c

24c

14

360

30c

14

'

10

7

3.15

14

:

15c

16C

1

23

7

95

;

2,870
3,000
r

Yankee

Knitting common..,

__1

;

,

8,500

16c

•

23;

Nov
': 41c
Nov
Sep
21% May
Jan
i 105 /Apr
Ocfc,.v/'« 43Ci«feb
22
Oct ' i-: 29MCY
2.95 Oct
r /
6.55; Feb
24c
Nov
67c Feb
10c
Oct -: "39o Jan
14
Sep
''
18
July

33%c
10
94%
13c 7

106,250

14%

99 '

-

7^)00
50

Bonds—

common..

Uchi

Preferred

.

160

33% Oct

Nov

,1.69 Jan
55c Mar
•60c Jan
' 23 /Nov
34% Nov

I4;ioo

—*

Mines.

Combing...

York
—4—.

18

Nov
Nov
Oct

5.10 Feb
31
,

7.H 34% Oct 4/ / 35
V 22::' Oct
* 730

295

16c

*13c

40c

.100

—

Gold

—

103% 104y2

14%

*

—•

common..

Ymir

East Dome

27

15%.

•

—1

Larder——.

Electric

Wright Hargreaves Mines—
Yellorex ■

Metals

Pre^on

—1

.

Winora

25

3.80 July ? 7
24
NOV

' 27c
16c
.

' 40c Mar

,

y:

•

Preferred

Wool

326

Oct

57c .Nov

25

35

24%

—

:

,

195

34%

103%

.109

Preferred

Winnipeg

;

34%

common...;.——..

wutsey-Coghlan Mines
Winchester

16

23

34

35

.

<

22%

—

—

_20

——

■-

,

26

—•
—•

•

16

—

new com...

A—^
preferred

New class

Pressed

80

43,400

Ltd

;Apr

.

,

1,150
* 13,918

Westons

;Nov

l;/26

Nov

182

.

11,000

4.35

! New

July

35

•

1.80 Jan
V

•

4.30

Western Grocers

./

Mar ;

/' 12

July

35

July

930

4.30

Malartic

West

85e
182

,

r%

-

Mines, Ltd.

(Hiram)

24/ Mar

/'
>

200

8%

23c

Wekusko

Power Corp' '!.■
i.:—:.
Premier Gold .—4———.

13%

-8%

Lake Gold Mines

Was a

River.

13%

8%

19c

Walkers

Powell

10

22c

.c

Waite-Amulet

Powell Rouyn common......

25

7,500

182

■

m

.1

Vicour Mines

Porcupine Reef Gold Mines.

33

97c

/

—

**

Oils-L—

-

15

Sep

/'II 14 /Apr

11 - Sep
"• 25f " Mar

25

.

2.40 Feb
46Va Feb
170

Jan

—

—25

—

VUlbdna >4

142"'

—

United Fuel class- "A"—

Upper Canada Mines Ltd—.
Ventures. Ltd.

"

J,;

8% Oct
,12% May
16c
16c
16c
*
7,898 —'14c
Oct
'
2 45c- Jan
31
31
20
- 26% Jan /
32 / Jun
20 1
20
70
19% Oct/
31
May
v 45% 46%
45
-40% Jan / // 58
May
7/
5%
5%
70
5% Oct /'ll
May
^
- 6c
60
500
^
6c - Nov ; i :/14%c Jan
r :J9%.'-.
• 49,9%1,535:
'
8%Feb
2.29
2.25
2.30
6,534
1.93 July
3.10 Feb
8.55
8.50
8.75 /
2,545
8.50 Nov ,
16% Feb
\ 15c, •
15c,
16c
5,900
14c Oct
.
87c- Jan

—

Class B-_

7

33

—

1.18 Nov
36
Jan

240

;

f /1.28 Ma^

45b July

300

182

1
—*

——

—

1.25

95c

—

*

—

Corp class A

United

34

97c

.

B

11%

34

—

100

Union Mining
United

11%

2,615

166

—

ria.

:Class

46'%

166

—

*

-

'

1.18
40%

46Y2

*

Transcontinental Resources

7,100

f

42c

*

—;

1.95 Jan

;

-Nov

" Sep v: -J 27% May

22

9,000

7
3.40

—*

class A_*.

50

,

6%
3.25

100

:

' 95c

300

' 52% July
54% Aug
Vv 5% Oct- J/.'; 7% Aug
/
3.05 July 7
5-35 Feb
!
37c/Oct ;/7"80c May

39%c

48c

*

Trust—.

'
"'-■■■

? 4.4^ Jan24c " Jun
3.25 Feb
v 1.09 Mar
4.10 Feb

Nov

Oct "
July
Oct
2.15 July
'

450/590,

7

■

-

25,800
5,750

.

1.50 Apr

10
245

40c

1

*

—

Elevators

Traders

53

3.40

'

y

General

25

__

'

_1

Mines

Thurhnla Mine*

Toronto

1.00

25

53 *

yv

•

Toronto

1.00

...

Tnompson-Lund Mark Gold Mines:

Pioneer Gold Mines, of B C.

—

..

Taylor Pearson & Carson common——*

Toburn

2,50

Oct

Oct ;;v

2.05
8c
1.50
25c

24.530T- c"

34c

2,40

''7

common

Gold

30c

2.40

■»

———^17:777—————50

Teck-Hughes

4,9o<T*

9o

May;

24

16% NovRoVa July
73 "* Sep
92% July
" 77 • Sep
95 ; Apr'
k13o July **" 740c
Feb

85 7

'

U

2,15

Taku River Gold Mini*

Tamblyn

19c
2.25

'

■

—

Mines

Svlvanlta Gold

/

86

'
,.

2.05

/l
*| ■•■'.«' • 2.25

Sudbury Contact"—
Sullivan

83

.•

16%c

2.23

''

Sep

:,7.

7,100

84c

,

'

/ * ; 9% May:
/' 12% Jun
8 7 Aug

"5% Sep

85 "
230

7%

82cv

23 "Apr
1.50 Feb
1.55 Jan
16% Feb
10% May

v.
'1'

••

Nov 77

17>/a Nov

7

—1

'

.

.

16% -Nov
90c July

;■

310

11

Nov

36% Jun'
108
July
1-40 Jan< 1.12 Jan
34
July1

•

31 %C Sep
Jan

15

81c

Starratt Olson co

Porcupine Peninsula

52c'

*

9,200

5%

■

10%

10%

—*

-

8,824
7

.19'/'18%" 19%

*

Stanley Brock class "A"

"

* 101% Jan

May

'40

19577"

50

>

:18% Jun

140

.

52c

Mines

Standard

30'A

"

13 Ys July
6% Aug

.77

20: •" • 710 ' vMar

30

' :

-20

Sturgeon

Btadacona

,

39c

1

—

;

11
Sep
5Y» July

495

55c

—A

Mines

Southam Co

Springer

15

,

/-•'/J '17%

Maiaruc

(N)_

.

High

Low

26Va
27
'104 'A 104 %

2T
104'A

100

—4.—

uoia

siaden

Slater

Bongo Slnoo January 1

6Y4

28%

30

;

Preferred

Ma

6%

7

.

.

.

*

Shoroo

:

/;7—7 16 y3716 %'.' 7:7

:

Elmpsons Ltd class

•

—

11%

-

6V*

Preferred'

»

Mines

.11%

—»

Class B^———

;
,

McLellen

for Week

of Prioei

•

" lotol High

'

—-

Quebec Gold
Quebec Manitou

Toronto Stock Exchange-Curb

<4ueen8ton Gold Mlnes^—
On»mont
Reeves

Mining

////IfcMidto*; Funis■

Macdonald

Regcourt Gold
Reno Gold

7-7; Friday ,77

r
'

7.:.'

...

Richmac

-1-—

Riverside Silk

National

Andian

—

Merger nnld Min««

Roxana

Oils

V

•

Rush

in

Oil

,»

—

Lake Gold

Russell

Mine

Industries

)

new

Corp

.

Lawrence Corp common.——

Preferred

Paper preferred

—/100

Bruck Silk

——

.—...

Sand
.

River

Gold

ftannorm, MinesSarnia

Senator Rouvn

:

7

,,

.

„1
1

——....

^17/^177-1:7 ^7'''■ 7 -''; 7/

Bridge

'

•

Ltd —

^

RhawKey

*
;

;

Shea's

1

50

54

71
29

5'A
73%
30
22

100

■'Preferred ■'
—-a.—-'——/
Industries common-

Canadian

Canadian

Vickers

Lumber—

Consolidated Paper :
*•

•'

•*

u

7V"^;'

1

Dalhousie Oil

Dominion Bridge'—;
Dominion Textile
Donnaconna

Sick s
f

vtc

Silver

7—J

common.—.•

;

For footnotes

1

...

see

common—f:

page




7

2865.

153

157,

20%
.

«I

Tt.
I>

—

:

International Paper common.:—

Langley's

Preferred

v

.2%

.ath

y

—

48%'

v

,50

___7—-.7

Minnesota & Ontario 'Paper—
1

Pend

Oreille

Price

Bros—..iiiiVii:-r47:47

1

Southmount

—:

Investment-:_-^-i-,

3.920

.

'

75

Sep

29

Feb

Nov

18;

Jan
Aug
Nov;
July
Feb
Jun

42
,151

Sep;

15% July

14.040

20

Jan
Mar

78
Apr
8% Apr
104'/a Apr
7
29% July

Aug
Sep
Sep " "
135 'Sep.
2% Oct
48
Oct'

550

,

"3y«
-

7;. 17%

19%

;

21

13
34
150
19%
2Va

200
70

.

.

25

5
173

3.80 Feb;.

.

QV/z Feb
..

23y» Apr

25c Nov *• Z1 85c' Jan
31."*7Nov ;
45% Apr
'V 118 "May
-'li
.17% :
18
4 7 1.070 7
15
Mar ,
7 24 7 Oct
•
77 j 7o
1.70
1.85 k; 2,000" "" 1.50 Jun
,
7 2.15 Feb
_18.--1 52%'
40-53 '•'/: 8,883" 77 3ft
Seft , ' K9 • Apt.
IOO' ■«;
60 * • ?60 i
7- 215",
58
Jan
'■ 85
Jun.
18% J
17 18%
3,555- ' 18 7 Seft.
7 27%lMs3T
T '
3.10
3.00
3.25 7
1,280 7"
2.15 Sen
, 5.00 Feb
>//:/ —.':7/53% 53V. ..7" IOO
45,Sep 777 67 ^July,
:'
23c
' 723c-23c
1 -22022cJun
7 31c Jun
1

*

•

30c

iv/'S

30c

;30c-

32

;

941/2

'

'

,

/

*32

v,.7g4y2-

/

.

Paper

Foothills Oil & Gas

5

7—_
Ltd

Miller

2%

,

2%

v.-

*

1

I

—

Sigma
Siiknit

——

•

Brew new1 common.

'

20%
153

preferred—.

Western

Canadian Westinghouse

|

—^7 7__—>J50c

^

!

•

•. *

35
"151,.
20%
2%

35
151

—...

•

Sherritt-Gordon "Gold-. Mines_i—•_

'II' 7

23
35

,•

Oct
Sep
67% Sep
19% May

100
IOO
50

22

141/2

/L*

Oct
Sep

46
4

950

15

—

'

Canadian

1

Winnipeg Brewery class A

Sheep Creek

15
" 24

280
2,875
196
215

.*

Vinegars

•

^

s

75

4%

1

Shawinigan

27

54

—•

High

Low

27

97'

•

Dominion Sugar«~-

Canadian Marconi
Ban Antonid Gold Mines Ltd

-

165

73Y2

100

—

Canadian Fairbanks common...

..7——56

Lawrence

■"

Bangs Sines January 1/

High
15%

—15

Co common

Brown

Canada &

C1S-.S: A.'

'

St

of prices

15%

15%

—*

British Columbia Pulp common.

Canada
8t

..s

..

common_,.-w«r*

Ryanor

;

-i—

ferWeek
Shares

71

Co

Royal Bank

Royalite

—*

^ W:

Sales 7"

Week's
Banga

Low

Par

Asbestos
Rouvn

v;

gale Pries

class 4,A"^..

Class; B-—1;..—
Rocnette

Last

Section

'7/ //7/r •" 7".

.

t

;

100
->"--95

-

-/• *"10"'7 91'v ,"Nov

'

+ fYn.i i V>Tp4
r>
iv«V'-V'? ••?. 7, \r, T'vCj^i *.fv
' >« ri? •>'
THE COMMERCIAL & FINANCIAL CHRONICLE
,

Volume 164

-

Number. 4547

OVER-THE-COUNTER MARKETS
—v-V-r,

-

7;7K,s'.^'

RANGE FOR WEEK ENDING NOVEMBER 29

For Quotations on Real Estate Bonds

Shaskan

Co.

&

Members New York Stock Exchange .a
Members New York Curb Exchange -

3

*

*■

•••

40 Exchange Place, Now York 5, N. Y.
Tel: Dlgby 4-49S0

Bell

.

.

Teletype NT 1-953

Insurance Companies
Aetna Casual & Surety

10

82%

Aetna

10

51%

10

45%
73

Aetna

Life

Agricultural
American

r

-

■■

'

,

':f-

'

■

AlIiance...<M.MMM^,ld

American

Automobile,

American

Casualty—J

38

Home

25

47%

'

•

-

Flrel

■

:

• •

^.e

I

10

Insur Co of North America

32%

Maryland

7->11%

12%

17%

I

'

'

Z

.10

30

33

National Casualty. (Detroit) —10

181/2

Surety....^!

,25 ;

16%
58%

National Fire..
National Liberty

'

1

"

iq

39

61%
49

-

.

.

American—^.^..3% />•■,; 5%

Bankers & Shippers—

Boston
Wv

-

.25

«>»*•

v..

fJi" 41

\

Camden

'

0 '

City of New York.——

?t«V

10

69

;

Crum-ds Forster

River,.

Employees Group,
Employers Reinsurance
■'

■

28

10

■■'■■■

v;

FideUty 8c Deposit of M*
Fire Assn of Phila

,

10

_

Fire

Pacific

Indemnity Co
■

■■

51

94%

„

_

as

92
49

,«„,108?

,

a

.

6

'

Reinsurance

1'

HTtorniwr)

10

26%

Revere

29%,

10

22

24

(Texas)
(Paul) Fire

11%

12%

St Paul Fire &■ Marine

22

34%

10

18

20

Seaboard Surety
Security New Haven
Springfield Fire & Marine

25

46

48%

Btandard Accident

m

preferred

Great

American

Bankers Trust

10

44%

15

39

41

45%

47%

Manufacturers

125

National

Bank

Chemical Bank & Trust

130

103 %

106 %

—100

Commercial National Bank &

Trust

337

Co

20

42%

18%

19%

New York Trust--———

Bank & Trust_20

53 %

55%

Public NatT Bank & Trust.17%

92

97

Sterling National

69

Empire

20

Trust

40%

—50

Federation Bank & Trust

10

23

Fiduciary Trust
.,-10
38
First National Bank——.100 1,635

26

United

100

States

272

43%

25

101%

—.25
12

Trust

■

.

13

47

i-u

>

14%

775

Paso

Electric

94

98%

Westchester Fire

City Gas & El 2%S

1975

84

86

Tenn

Gas &

103

100%

103

.—.19 61

Illinois Power Co 27/8s_.

Ask

Lt

Tar"Ask

100

103.2,;

.—




Bid

99.29

U 8 CohV6*Sl3tt Sfl--.-;——1947

100.15

1V«%

100.8

100.9

100.24

100.25

—1V2%

-

'
-

-

-

Certificates

108 %

1041/4

Ohio

100%

101%

Pennsylvania

100%

101%

Public

100
3.35%
Scranton Spring Brook 4.10%—
Sioux City G & E 3.90%——100

100%

100%

101

Coke

3%s_1976

3.90%

Electric

(Ind)

98%

1975

100%

101%

Union

2%s—1976

100%

101 %

Willys

3.70%

3.50 %_

Ruppert (Jacob) 4% %

3cranton

97%

(Okla) 2%s

Service

Serv

-

Electric

Oil

(Call

Overland

1

100%

103%

Public

87

-

100

;

101%

101
97

103 S
97

101

102":

$3.75—i-—99%;
4%%

51J/2

160%

HjpijRatec quoted && fM .diacounc at purchase.
'-<■

ftl4|t

■

T '

pin

of

-

-

-

"

Bid

bo.379, 0.iM>

.0053

.0081

.0130

.0123

.0222

.0084

.0200

.0161

.0294

.0097

'

bO.375

.0246

0.34%

,

T'Jan. 30, 1947
Feb. 6, 1947—
Feb. 13, 1947
•
Feb. 20, 1947——
Feb. 27,
1947—

.0103

t'/es Jan. 1, 1947
*%s Feb. 1, 1947

17/bS July 1, 1947
VAs Aug. 1, 1947
t%S Sept.
47/aS Octi

i

b0.375

,.0091

l6, 1947—

."Jan. 23, 1947..—

0.W

4*k

.0042

00^n.

0.33%
0.33%

Dollar Frlee 100 Pins

Indebtedness—

.

°JF

"

-

——b0.375

point:

tVaS April 1, 1947——.
t7/aS June 1. 1947

,

''

3.50%...

99.31

t'/aS March 1, 1947

V

1

1

'

,s''

one or more 32ds of a

Maturity—

100.4

100.14

Power

Power 4.40%

PpnamaUanal 3fl—„. ;:,;.Ul96i;7ig6%;

Ask

100.3

1%%

Maine

Fay

.

1976

b0.375

1%%

99%

.

Monongahela

101%;

Brook

100%

99%

General Motors 3%%

100%

Public Serv

Light 2%s_1975
i.1976

Central

100%

Scranton-Spg

Power &

102%

1981

&

Bid

101%

Other Ittuet

99.6

99^28

Int. Rate

f

100

Transm 2%s__1966

Preferred Stocks—

:

qq

r

'

43 %

45

<

l%s Apr. 15, 1948————.1

Figures after decimal point represent
Maturity—
tMarch 15, 1947.
15. 1947_
15. 1947-.
tSept. 15, 1948-

>\

78

1975

&

tSept.
tSept.

,29

30%

1975

2%s

-

1

10

101%

;

;

«

t4 4

••

1965

2%s

Service

99%
103%
100%

103 /

1976

3%s

Power

Public

Portland Gas

Federal Home Loan Banks—^

102.^8

-

-

Utah Pow & Lt 2%s

Pennsylvania Electric 2%s
1976
Philadelphia El Pow 2%s__1975

Obligations Of Governmental Agencies
99.24

•

....

Tpnkers El Lt & Pow 2%s—1976

103%

98%''

,

1976

Iowa Pub Serv 2%s
Gas

Texas

103%

100

1970

Pacific Gas & Elec 2%s

99.2

Fidelity & Guaranty Co_.2

Par

Kans Okia & Gulf Ry 3%s_198Q:

100.8

114%

600

,

2.60

1976

2%S

Montana

100.4.'

U S Guarantee

—1976

2%s

Gatineau Power 3s

Monongahela Power 3s

1950-1948—.
l%s May 1, 1962-1950—
l%a Jan. 1, 1953-1951
2%AFeb; 1, 1955-1953—:

V B Fire.,

26%

Sioux

Calif Elec Power 3s
El

Ohio

1%4 Oct %

U S

27%

>

Par

Laclede

Bid

92

24%

1966

American Airlines 8s.

74

.

745

100

45%

104%

1,695

Federal Land Bank Bonds—

..100

;

25%

Bonds-

61%

266

12%

Title Guarantee & Trust

41

f

Travelers

10

Fire

110

'26%

**r-rv"

346

45

;

Trust Co

,

i31%?

205

59%

Continental Bank & Trust—10
Corn Exchange

88

q

•?50%g

29%

8

10
18%
19%
100 1,770
1,820
25
49 7*
52

Morgan (J P) & Co Inc
National City Bank

i.y

.25%

v

65

47%

10

200

Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust

100

Central Hanover Bank <fe Trust 20
Chase

46%

190

-

10

Brooklyn Trust

100

21%

•

62

10

As£

Bid

Par

.—100

Grace National

9y8

12%

10

Hartford

Fulton Trust—

7%

15
;

Hanover

6%

Republic

C
_5
Globe & Republic:
5
Globe As Rutgers Fire com. 1 13

31%

5

54

98%

20%

2nd

ini^
32

31%

Glens Falls Fire__

375

a

Providence-Washington

6

Fire

f

20%

10

-

'

■

Preferred Accident

168

10

General Reinsurance Corp—
Gibraltar Ft^e & Marine

12

85%
K/f
74

-10

Franklin

•

49

2.60.

—

Northern

69

10

Fireman's Fd of San Fran.
Firemen's of Newark-.

24

-7

51

160

20

5

Pacific

31

65

47

■

■

25%
,

72

Phoenix

Federal;

140

a
10

Northeastern

48%
,.32.;;

29

,

20

Casualty

10

North

J

20y4

•

45 %7

-.8

v.r-

22%

18%Yt

'

10

Connecticut General Life
Continental Casualty

T *

5%

New Hampshire Fire
New York Fire

64%

' 7'

•

Fire

Amsterdam

50%

a

New Brunswick

66

60%

'''„YV.

"V

'

r

60

,,—,;.lo

i

6%

v

10

National Union
New

Ask

'
.23

*

_10

,

Bid

5%;

.

.

•>

■

Reserve

AntnnnnhilA

-7 30
Bank of New York.—360

23

a

American

Par

84%

0

Merch & Mfrs FlreN

,

"9%

l

Massacnusetts Bonding
Merchant Fire Assur

15% ^ 171/4
10%
' 11%

161/4

Casualty——

Re-Insurance

Baltimore

'

20%

,

..

American

Bank of the Manhattan Co.—10

89%
32

American

■

14%

10

Jersey insurance of M

10%

■.

;

Homestead

76

29%

.,3

American Equitable
ft
American Fidelity & Casualty J)
American of Newark—*—flt%

Bid

Hartford Steamboller Inspect.. 10

53%

718%

-4.'

Par

^

85%
.

1,

1947

.0110
v

—

1, 1947———-i— ' .0113
t'/aS NOV. lj 1947——j—- - .0150
t%s Dec. 1, 1947
.0148

b0.375

a

.0176
g

livered.
z

K)312

.0345

lot

sales.

Club

bYield piice.

Aluminum

c

Utensil

Alfred

Decker

&

delivery,
e Ex-lnteres*.
f Flat price
k Removed to Stock Exchange, r Canadian market, s Cash

Cash swe.. a Deferxed

Co.

included in range for year,
xEx-dividends yEx-rights.

Formerly

.

.0.34% :

Cohn

t Ex-stock
Inc.;

dividend,

name

changed

(Un)
to

Unlisted

Society

issue,
w d When de¬
i;//,v\,
Brand Clothes July 29

1946, and common stock split on a 3-for-l basis,1

.0278
-

Odd

Formerly

sale—not

,

•

•

^No par

dividend

defaults tThcse bonds

are

subject to

all Federal taxes,
/'.V

lEx-tiquldating

^HE COMMERCIAL & FINANCIAL

2866

CHRONICLE

Monday, December 2, 1946
Week

THE COURSE OF BANK CLEARINGS
Bank

for all cities of the United States from

Friday of 27.3%.

,v

,

:

<

Telegraph

Clearings*—Returns by
Week Ended Nov. 30—

»'

■

KanSasCity

■

San Francisco

—

0.3

—

4.8

362,845,966

—16.3

211,622,497

180,113,930

+17.5
+19.0

Youngstown

:

Pittsburgh.::

1

^

255,836,000

288,711,000

-1-+;::' ^ ■+■

1

-

Cleveland

,-r——-—170,719,051

-197,008,302
185,597,174

,1120,731,952

Baltimore

*

>
,

,

—

Complete and exact details for the
in

our

Total

1,393,667

1,676,559

1,510,251

3,T01~032

+?5~4

3,93+906

■ISS7O0

646,779,778

+ 42.'4

609,257,679

"""

555,366,576

1,093,939.

,

West

+ 39.7

+ 44.6

194,819,708

+ 60.1

3,778,256
107,923,186
204^94,346

93,475^)61
186,464,671

15,060,800

57.0

14,305,400

15,365,500

2,630.322

+ 70.2

2,246,341

1,772,749

4,566,486

+ 34.5

201,584,863

+ 38.7

3,982,565
251,043,294

232,526,404

'772,886,870

Reserve

4,131,090
111,307,782

6,140,726
279,587,008

(7 cities)

Fifth Federal

534,101,051

+44.7

580,'973,388

536,083,547

+ 63.7

-—11.5

tvX93

2,220,665
10,753,000

1,356,683
6,632,000

+ 62.1

139,766,662

93,913,891

+ 48.8

94,934,451

2,903,398
200,036,794
67,394,842

141,075)564

Columbia—Washington..

District of

—17.2

2,593,664

1,113,803
7,940,000

;f

44,129,466

423,675,361

289,160,381,

;

-

>

■

South Carolina—Charleston——
Maryland—Baltimore

,

+

8,885,608

District—Richmond

Virginia—Huntington

Virginia—Norfolk

?Toialie^ties>,

2,052,777

1,173,780
5,961,000
70,143,069

+ 41.4

2,207,184

+

42.2

+

52.7

141,724,508
34,966,949

1,657,171
^
120,279,639:1
30,481,5?78a

+40.5

282,886,895

229,696,684

week covered by the foregoing will appear
Sixth Federal Reserve District—Atlanta-

We cannot furnish them today, in as much as the week

issue of next week.

+ 63.7

+ 88.9

4,477,221

Pennsylvania—Pittsburgh

:

2,325,989,901. 2,881,570,310

—-—$11,629,949,504 $13,395,133,009

week

Total all cities for

2,011,247

23,648,900

5.9,

+

$9,303,959,603 $10,513,562,699

Total all cities, five days

2,283,734

292,366,966

Biehmnnrt

All cities,.one day_—*___u__J__>-—+.

+ 49.4

■-5,769,163
160,896,885

,Cleveland■
'Columbus

'

$6,961,570,438.$8,735,709,819 '»»*2Q,3v
2,342,389,168
1,777,852,880 + 31,8

five dayg^w—.«>"».»»*

Ten cities^

Other cities, live days.-______->_..»._.

1,200,769

Dlstriot—Cleveland-

Cincinnati

-

131,883,695

-

-

Reserve

Ohio—Canton

—13.3

196,575,654

r-

—11.4

-

1,450,742

•543,000,000

4,445.590

1,726,052

Mansfield

-174,100,000

,

—

....

Fourth Federal

452,299,651

*

■

—27.3

207,200,000

*

—

St.«Louis

1,581,901
592,000,000

+ 40.2

%

579,000,000

'

*

*

677,442
951,462

920,909,771

eiti.es>

't

407,004

659,337

+ 41.9

2,687,700
1,552,092

2,540,257
3,261,143

Jersey-+Trenton_

Total (10

671,199

t6,723,087
5,748,374

."

451,082,897
551,000,000
303,763,941

I---—

*

New

•

610,792

.

+ 46.9

632,000,000
1,883,066

4,916,277

Wilkes-Barre

66.184.150.101

Philadelphia
Boston

+ 36.2
+ 70.0

2,639,208

$4.493.038.446

,

CbiCRgO—

»'*"•».

.

1943

1946"

+

ywir

;

Philadelphia

'

\

4

'

•;

,

1943

$

757,389 '% +49.3
635,666

i,#. York
Delaware—Wilmington

1
Va

(

1944

Dec. %

*558,762
1,878,019

Scranton

1945,
Our comparative

$

865,495

Reading

for the week follows:

summary

''

Lancaster
i

23

or

950,084.
2,758,153
837,000,000

•

Chester

Our preliminary

week last year.

Nov.

Inc.

*

"

^,130,780

Bethlehem

$11,629,949,504 against $13,395,133,009 for the same week in

At this center there is a loss for the week ended

'

Pennsylvania—Altoona

which it is possible to obtain weekly clearings

below those for the corresponding

Ended

1945

Dlstrle«-»-Philadelphi»—

.

that for the week ended Saturday, Nov. 30, clearings

cities of the country; indicate

stands at

Third Federal Reserve

telegraphic advices from the chief

Preliminary figures compiled by us, based upon

totals

$

will show a decrease compared with a year ago.

clearings this week

will be 17.2%

1946

;

ends Saturday and the Saturday

able to give the final

are

bank clearings at this
cities according to

Mobile

Seventh

Grand

District of 23.0% and in the Phila¬

Reserve

$

4th Cleveland

—

6th Atlanta

7th Chicago

.

17

___________

•

Louis

8th St.

4

—-

7

9th Minneapolis

City

10th Kansas

10

;—

6

12th San

10

Francisco—

6,854,783,274

:

10

Dec. %

+33.0

6,066,529,531

920,909,771

554,619,137

•»

6

5th Richmond

1

Inc. or

4Vr,MMt

cities

7

—*".-'••111

Total

'v

Outside New York City-

We

'W

-*

««

Wayne—

4*

$

5,414,297,972

4,267,789,426

+ 42.4

609,257,679

555,366,576

27,105,000

23,443,000

51.1

1,046,690
702,991,164

1,011,511

+

3.5

570,924

483,343,110

+ 44.0

463,029,096

5,423,264
*478,266
391,955,039

3,517,791

2,197,486

+ 60.1

2,257,364

1,691,135

11,936,827
3,418,755
2,954,760

7,392,301

+ 61.5

2,125,276
2,337,885

+ 60.9

6,932,017
1,764,382

+ 26.4

1,943,037

5,351,703
1,734^92
2.231,908

899,640,249

616,237,260

+46.0

578,567,931

489,108,474

+ 41.6

1,567,614

196,900,000
72,744,466
72,569,036
1,330,000

+ 17.9

176,200,000
65,661,138
59,555,500
883,025

158,800,000
56,640,351
44.248,550
1,097,000

500,372,567

343,543,502

534,101,051

+ 44.7

588,973,388

+45.7

302,299,663

260,785,901

+ 46.0.

578,567,931

+ 45.9

4,088,127

+ 49.4

3,912,771
134,531,850
44,955,949

+ 52.8

131,039,481
51,789,258
3,973,200

cities

+ 69.7

1,482,366

1,295,603

+ 27.1

+ 46.5

1,928,446
3,397,250

1,548,162
4,183,710

+51.9

197,698,128

191,792,704

Louis—

343,543,502

+ 45.7

302,299,663

260,785,901

239,517,040

+ 51.9

197,698,128

191,792,704

308,430,445

+ 51.1

271,382,733

259,648,003

181)711,543
523,396,250

Total

278,800,000
109,483,931
110,521,022

—

(4 cities)—

Ninth

Federal

Reserve

7,502,354

363,907,184

122,410,702

North

Dakota—Fargo

523,731,893

447,770,591

South

Dakota—Aberdeen

+ 25.4

9,710,159,956

8,045,929,517

'4,715,877,193

+ 41.8

4,445,812,856

3,918,348,474

3,444,029

Total (7 cities)

Tenth Federal

Hastings

Inc.or

$

1944

1943

$

$

Lincoln

+ 76.1

822,119

+ 39.8

2,864,272

2,944,538

363,112,036

+ 32.4

331,860,187

+ 49.0

1,112,993

City—.
Joseph—_______
Colorado—Colorado Springs
St.

300,086,115

1,282,094

480,672,128

778,243

1,910,358,

*

Missouri—Kansas

718,412

572,702

+ 25.4

626,529

443,381

Bedford—1,727,476

1,225,28$

+ 41.0

1,101,354

4,817,335

+ 38.0

5,166,945

3,772,348

210,456

+'66.5
+ 40.4

4,022,713

+ 43.2

183,565
289,228
3,845,192

76,629,292
3,594,583
5,116,180
209,750,908

+ 49.9

67,004,195

200,716
3,414,106
61,504,603

+ 66.6

2,228,187
5,525,843
185,105,844

5,130,547
178,686,051'

+ 74.0
+ 50.8

6,309,772
1,427,427

+ 61.0

1,048,550

+ 43.6

-308,430,445

+51.1

167,437

2,480,965

5,373,004

5,482,807

980,098
847,577

790,881
816,290

271,382,733

259,048,003

+ 16.0
>

s

966,129

8,645,930

1,364,659

320,564
.

114,866,979
5,989,183
8,902,689
316,402,192
10,160,9991,656,479
1,506,143

.

Wichita

520,096

2,801,830

350,450
*450,000
5,758,643

—

Kansas—Topeka

866,119

.

+ 42,8

City-

—

(—

Omaha

V

District—Boston-

H

Reserve District—Kansas

Nebraska—Fremont

23

Dec. %

1,524,910

-—

Helena

four years:

•

239,517,040

81,952,938
6,978,963

145,756,409

6,686,120,250

——

+ 50.5

+ 52.3

5,143,050
161,772,727
57,370,578
4,568,122
2,028,925
2,646,452
5,987,186

241,627,645

Paul

+ 41.4

1945

3,628,419
8,772,836

Minneapolis
St.

10,619,065,345

_.————_

1,086,112
13,218,671
5,851,323

+ 66.6

Springfield
———————

4,422,513

' .V

.

3,262,044

+ 35.6

2,274,857

14,350,745

+ 31.2

14,079,783

11,595,929

6,526,959

+ 36.8

5,723,993

5,007,609

17,249,600

+ 39.8

12,848,300

12,652,900

992,249

+ 22.3

801,410

8,926,742

*—

Island—Providence-*-/

24,108,300:

Hampshire—Manchester-**—

.•

—•»

554,619,137

«i> mimtmrnmrnm

+ 33.0

417,059,001

;

:

341,439,616

*2,100,000
"

•

8,284,998 /
165,496,051

...

13,574,718

5,041,501

122,416,703

3,633,000

+ 19.8

1,278,645
*

+ 33.9

181,711,543 i--',0.9

1,731,207

99,709,355
12,570,275
2,774,000
1,314,491
4,311,374

145,756,409

+14.4

1,753,403
0,188,941,

1

2,316,545
119.912.000

+ 40.5

16,942,517
4,052,000

Galveston
Wichita Falls^.__-__—

Total (6 cities)

+ 68.0

—18.9

3,191,682
149,583,000'

23,805,848
•: 4,635,000

iLouifliana»-«Shreveporfr

—

379,282,746 fi

5,363,205.
121,307,000

Dallas

.'g'Fort Worth..

+623,331
;

Total (12 cities)

Texas—Austin

'

1,213,520

466,043,757

Eleventh Federal Reserve District—Dallas-

2,0.58,997

18,830,784'

Worcester

Connecticut—Hartford
New Haven.

■7

Total (10 elties)

> £

»■
.•

Second Federal Reserve District—New York—*

New York—Albany.

Blnghamton

10,413,814

.

-

.

_

Buffalo
;

54,678,197

J0mlra

1,397,732

—

Jamestown

g

—

New York—--

iTWelft)^FedeiM':r1MsiHrsW"B^
11,222,778

7.2

7,503,068

4,905,893

1,548,401

+35.2

1,242,320

1,225,326

4; ^g56;193,000 g^+50.7

56,998,000

-53,154,000

X,iirf:£

2y094,060

^1:1-'.

'

+71.1

'816,824
805,202,

1,465489

6,625,079,126

'*

i

+09>3

-

412.2

5,903,183,152

882,248

,

-

805,80$

731,316

5,204,347,080

..

810,643

Washington—Seattle

.

t

Syracuse

16,075,728
-

.

New Jersey—Montclatr.
v

Newark* *~

.9,876,844

_

Connecticut—Stamford

; ■

Northern New Jersey:
Total (12 cttiftfii




:

+

Pasadena

9,260^98^+31.1
■■

472,323'- ,+48.8

39,607,555

25,581,773

g 50,647,138

37,893,940

«,654,783,274

1-060,529,531

■

g; 9,441,179

ggi

*: r

-g 24,190)935

+33.7

31,557,476

5,414,297,972

426,197,000

r.11,141,677
4,214,98510,003,819

Santa

Stockton

q::

—10.5

.'5,187,779.:
300,251,000

7,523,019
2,854,551
6,157,180

+.

48B

48.1

-

+ 47.7
+ 62.5

-

■

.

1,950,117

84,694,151

+ 41.9
+

80,365,58?

0 2,671,789

+

06,688,361

32,393,680
+ 8,973,175
..3,891,143
291,473,000
;
6,997,432
1,916,430
6,020,601

27,182.205
11,441,625
-

3,773,984

244,959,000
4,769,404

'

1,668,545
+

4,969,763

7,642,357
285,240

i

9,393,021
:+f7,690,8Q9

..i,,..;

84,694,492:

+ 45.2

+24.7

;'

San ,Francisco_____—
.San. Jose—

10,172,946
4,980,364

353,913

+54.8

+13 0

;

5,201,233
■

+ 25.1
+ 60.6

10,497,947

j;

80,166,367
9,118,048:
71,606,673
36,033.686

i'

yi 52,326,415

California-+Long. Beach ■....n___m.—

.

-

4,127,581,043

.11,849,195

+67.2

5,907,944.

12448,466
700,425

+ 18.4

13,572,896

a

:>Htah—Sal|L Lake City_.

'

■Rochester

100,255,497
3,886,891
114,984,730

a..

Yakima

Oregon—Portland

+§? Total (10 cities)-.

23,623,384

32,611,414

4,267,789,420

740,094,844

-Grand Total
+

Outside:New

1
r

York

*Estimated.

-

6,686,120,250

tNot included in totals.

"

"" '

1 4,715,877,193.

447,770,591

+A1.4r>r--523,731,893

+ ^523,396,250

311,798,376 >10,619,063,345

-

+ 25.4

+41.8-

9,710,159,936
-4,445,812,856

'1

!

3,080,617 '
6,192,969 Xi
25,434,769 ••
1,517,653 ;«
10,999,491

District—Minneapolis-

Minnesota—Duluth

8.9

—

13,311,798,376

•

+ 45.6

489,108,474

740,094,844

11

616,237,260

165,496,051

it

3,862,810
9,449,712
28,726,468

+

229,696,634
344,037,293

466,043,757

♦«

282,386,895
418,024,503

363,907,184

«

+ 46.5
+ 43.5

500,372,567

»<

(17 cities)

Missouri—St.

536,083,547

289,160,381

899,640,249

II

—

69.3

+ 18.1

?

2,540,546

+

f

Kentucky—Louisville
Tennessee--Memphis
Illinois—Qulncy

452,599,563

Lowell

New

+ 61.9

560,724
3,867,196

Eighth Federal Reserve District—St. Louis-

+ 13.0

Portland-.■_««__»«3,918,066

Rhode

2,605,002

+101.0

4,151,375
4,369,287
2,852,591

$

'

341,439,616

r-

-

New

407,762

+ 62.9
+ 65.3

1943

423,075,361

at—

Fall River-..

+ 116.5

+ 62.3

iu—

Springfield

649,369,311

44

Maine—Bangor

Massachusetts—Boston

558,761
5,326,599
3,467,008
2,874,865
28,108,000

14,656,825
7,657;574

Rapids

.City—.
Illinois—Bloomington

370i282)742

1946

First Federal Reserve

344,037,293

219,575

11,567,962

_______—__

Rockford

1944

.

Week Ended Nov.

Clearings

418,024,503

5,777,514
45,520,000
4,646,703
13,576,296
49,432,083
3,222,999
24,413,648 ;

_____—

Sioux

646,779,778

772,886,870

-

_____

week ended Nov. 23 for

+43.5

8,677,748

Des Moines—

,

add our detailed statement showing the figures for each city for the

now

452,599,563

5,729,835

Montana—Billings
.

-81,343,968

2,745,310
11,493,356
33,955,686
1,985,707

Total

1945

Federal Reserve Districts

w"

527,222
96,113,681

1,209,474

Rapids

Iowa—Cedar
:

^FAKJNGS

1946

10

32.9

+

District—Chicago-

Arbor—

Wisconsin—Milwaukee

furnish a summary by Federal Reserve Districts:
SUMMARY 0F BAIOC

3d Philadelphia

5,058,183

52.1

+

Decatur

Week Ended Nov. 23—

12

+ 36.2

4,494,265
251,432

98,174,587

649,369,311

Peoria

24 New York--..—

6,121,775

Haute

Terre

Reserve District of 41.4%.

12

49,181,532
49,855,388

South Bend—

an

The Dallas Reserve District suffers a loss of 8.9%
City Reserve District enjoys a gain of 51,1% and the San Francisco

.—

+ 53.1

382,361

Indianapolis

polis Reserve District of 51.9%.

1st Boston

1,872,616

66,614,942

130,429,538

Orleans.

Federal

Indiana—Fort

expansion of 46.0%, in the St. Louis Reserve District of 45.7% and in the Minnea-4

In the following we

31.9

+ 49.1

9,784.679

32,853,562
124,600j>i00
2,061,461
2,075,468
40,220,182
46,355,087
4,522,512 (

Chicago

In the Chicago Reserve District the totals record

Reserve District by 43.5%.

but Kansas

51.4

+

54,405,358

Lansing

In the Cleveland Reserve District the totals
by 44.7%, in the Richmond Reserve District by 46.5% and in the Atlanta i

larger

+

2,274,914

—

Michigan—Ann

delphia Reserve District of 42.4%.
are

2,618,006

81,202,798
102,009,455

Total <10 cities.)

;

We group the

+ 48.8

.3,964,485
*3,000,000

—

Mississippi—Vicksburg

York District (including this city) the totals show

improvement of 13.0%, in the Boston Reserve

37,783,955
162,300,000
2,343,416

—

Louisiana—New

the Federal Reserve Districts in which they are located and from

this it appears that in the New

12,988,510

+ 34.7

Florida—Jacksonville
Alabama—Birmingham

(Outside of this city there was a gain of 41.8%, the

center having recorded an increase of 12.2%.

+ 20.0

47,478,119
162,700,000

ii

Macon

having amounted to $13,311,798,376 against $10,619,-

065,245 in the same week in 1945.

13,527,940

—242,100,000

Augusta

and complete results of the week previous—the week

clearings for the whole country

16,226,144
63,932,755

Georgia—Atlanta

For that week there was an increase of 25.4%, the aggregate of

ended Nov. 23.

an

in all cases has to be estimated.

detailed statement, however, which we present further below,

In the elaborate
we

Tennessee—Xnoxville
Nashville

figures are not available at time of going to press.

Accordingly, in the above the last day of the week

«

-

8,045,929,51?
^,918,348,474

•

2867

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4547

Volume 164

Company and Issue—
« ,p>

,'V; /V.

'

■

■

•> •

v..

.

;

-

-v r '

"j *

•

.'

11

■

"

'

1

111

-

'M' "-1'

" " ;;

.
.'Ufr"

•'

:

Monetary Unit

ByaaU,. oruzelrOy^.^,,

$

»

.297733*

.297733*

.251247*

* ui

.054053

.054053

,022797
.054053

1.000000

,951875
.571400*

Moirs,

:

.571400*

.020000®

.020060

.+020060-

.020060!

-~i~—

.208765-

-.208765

.208765

^4.030234

4.029609

4,020687

m.008408

.008408

.008409

.301529

.301542

.205791!

.205807

.377893,

,377893

4.03039ft i >

-

4.029531

<

.008408

.00840$.-'

tranc.

France (Metropolitan)

'

.301542

(British), rupee.——

.301554;

+

'^901543'•: M/

*'/

'

,

:■
'+t?

-.205807

+377893

.377893

^006680^^ $. 1.000000

:

Mexico, peso...

.205824

1.000000

+

.948750

/'

;

.205845

~

Netherlands, guilder-.,

.377893

*—

Newfoundland, dollar-— 4

p. Official——:—-—

.949375-

Free-

pound———

Norway, krone-:—

——

,

3.224333

+

.233 62ft

4.005000

4.005000

Uruguay, peso—

-

3.223833

.201612.

.040501

,,

.233629

.233629

4.005000

••

.

.

.658300*

.658300*

.562716*

.562716*

.562716*

ENTIRE

.562716*

all reporting member hanks.
Holdings of Treasury certificate!*
of indebtedness declined $70,000,000 and of United States
Governments bonds $14,000,000, while holdings of Treasr
ury notes increased $50,000,000.
Demand deposits adjusted- increased $186,000,000 ip
New Ypyk City; $96,000,000 in the Chicago District, $55,000,000 in the Cleveland District, and $339,000,000 at all
reporting member banks. Deposits credited to domestic
banks declined in nearly all districts, the principal de¬
creases being: $78,000,000 in the Chicago District, $27,~
000,000 in the Kansas City District $24,000,000 in the
Cleveland District, and $22,000,000 in the Richmond Dis¬
tort; the net-decrease at all reporting member banks
City and a net of $289,000,000 at

Reserve Banks Combined ^
thousands of dollars)

(In

,

Nov.
'

>£^Nov. 28,

NOV. 20,

27,

1945

1946

1946

AssiH) s*-"**

fund

!

notes

Other

F.

for

Industrial

777,345 i

780,442

advances

loans

—-

—

U, 8. Govt, securities:
vBiUfl

14,762,292
7,331,012
835,100
753,390

—

-

Certificates
Motes

"

Bonds

from

R.

Govt,

securities

securities

and

loans

Total

F.

—

S.

U.

Total

Due

—

—

foreign banks.
of other

notes

Bank

assets

835,100
i 753,390

?.

23,521,938
23,852,520
102
139,082
2,657,469*

.

^29,156
2,341,124
32,573
54,029

-

32,607
52,352
45,305,628*

45,104,379

assets

Total

7,263,512*

23,965,583
102

banks—

premises

Other

14,669,936

23,681,794

items1——

Uncollected

760,725

,

18,291,772 > 17,871,290
272,192
279,724
234,846
282,728 -•
329,470
791,415
1,061
'•
1,112^
2,421

—

Discounts and

17,110,565

18,309,620

reserves—

cash

-

a

R.

-

ctf.

gold

Total

17,514,427

17,529,178

certificates

Redemption

was

12,968,315
7,658,9612,041,550
977,392

$223,000,0Q0.

A

bank—reserve gcct.
'—

24,440,055
110
124,729
1,890,150
33,683
67,959

deposits

summary

investments—total

and

Loans—total

...

Industrial, and agricultural

Commercial.

——

...

24,340,600
16,260,965
557,336

596,368*

875,359

2,195,994

18,169,686
;
1,566,688

14,087

12,288

44,637,804*

'

•

•

■

^Capital Accounts—

Real

Treasury

"

-■

:

184,984

.

358,355

358,355

27,428

27,428

—«

98,584

accts.

45,104,379

.

v

Total liabilities & cap.

Ratio
»

,

'

97,057'

144,779

45,305,628*

44,662,822

2,129

domestic banks

Demand deposits

deposits

..

6,324

,

Debits to demand deposit

43.1^

3,257

8,565

'

interbank
during

43.1%

+

—

—

Taxas Power & Light Co.^
6% gold debenture bonds, series A, due

51

+
—

+ 339

10,348

+

25

+

35

—223

—1,010

,

and.

week „'

U.

8.

accounts except
Gov't accounts,

—:

,

...

—

—

23

35

+

346

1

-

1

17,087

and. Investment News

'

Redemption Calls and Sinking Fnnd

Condition Statement of Member Banks
The

banks of the; Federal Beserve System in' X91 leading
cities shows the following principal changes for the
week ended Nov. 20: Increases of $289,000,000 in hold¬

ingsof Treasury bills and $339,000,000 in demand
posits adjusted, and a decrease of $223,000,000 in
posits credited to domestic banks,
■

t Commercial,
creased in all

industrial,
districts,

and

dode^




The dividends

preferred: and
The

common

agricultural - loans in¬

/

Caribbean Sugar Co., (preferred
International Paper Co.— J : ;.w
1st and ref. mtge.^ g% mtge.
.

3

■>.

,

—«Any time

bonds due 1947a.————
;

Company and Issue—

PARTIAL

Allied

v

>

Angln-Ch&ean Nitrate Corpi, ineome debs.; due

1967.—.Jan' .1;

Stores

Dye Carp,

Corp.J—

(qwar.)—

American; Agricultural

Chemical

American: Bank, Note,
-Year-end —

35c
$1-50
^
50c

commofu^—r—

12824

Pagi
2682 *

ioT?^

i

19

{,

- t

?i

-12-lfl

13 10
^ °

12-31
12-20
;

w v

12-20
f i
J" J

«

H l

(quar.).^wr,~~„-,—10
American Can Co., 7% preferred (quar.)—
** *,
American„Car & Foundry,. 1% pfd. (quar.)
$1.75 |2-14
American Casualty Co. (Reading, Pa.)-—
J
Quarterly
l
I—
; •, *5c
1- 2
American European -Securities*--*,.
.
.:: * .
.
'
•

./

,

37/2°
JlJPy 12-21
.

(quar.)

3410

t

Date

Chemical &

$

6%.

to^io

preferred

Common

N>

(year-end)

$4.50 preferred Beries

i——^

B Xquar.o

$1.12/fe

v

u- o

$1-50

t

fluar.H——

REDEMPTION

19"

19"!

—9t

Inc

—

2552

ofRec,

lo ot

$i-5»

.

Alden's, Inc., common (increased quar.)
Extra
^,1——l—————
4Y4% preferred
AUes & pisher, Ind. ^increased)
—-

Joseph & Grand, Island Ry.—

1st mortgage 4%

55°

(quar.)

*

Dec 12

stock——.a-:

bonds, (?er. A St ser, B—Deo

Holders

When

Share Payable

Albers Super;Markets,

in

Page

Philadelphia Transportation Co.-<Consolidated Mtge,
bonds, Sef,;A, 4ue 2039—pec 13.
8t.

Department" in the week when

•Alabamh Great Southern RR. ordinary—.
6% particibating preferred—
--a—.

Allied

pate

2450
1638
2736

1

-Extra

NOTICES OF TENDER
Company and Issue—

.n.nf.

12490,

announced this week are:

Laboratories

Abbott

stocks called for redemption,

those

ing tenders, and the page number gives the location
which the details were given in thq f'Chronicle

■

.

111

Per

called under sinking-fund provisions.
date indicates the redemption or last date for mak¬

including

4

1
31
Vol. 161. 5In Vol. 162.

Name of Company

Below will :be found a list of corporate bonds, notes,

.

the principal increases being

$38,0.00,000 in- New York City, $21,000,000 in the San
Francisco District, and $19,000,000 in the Chicago Dis^
triet; the total increases was. $127,000,000.: Loans to
brokers and dealers for purchasing or carrying United
States Government securities declined $42,000,000 and
loans to others for the same purpose declined $68,000,000, principally in New York City. Loans to banks de¬
clined $113,000000.
; - r
;Holdings. of Treasury bills increased $318,000,000 in.
.

tin

^

259.1/
' '*

declared.

Notices

condition statement of weekly reporting member

2057

Which we show the dividends previously announced, but
Which have not yet been paid. Further detail? and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation

"

42.0%

——

2696

Dividends are grouped in two separate tables. In the
first we bring together all the dividends announced the
current week. Then we follow with a second table m

189

—

—135

12822

6

^

DIVIDENDS

+ 1,045
-«5,Q45

♦Revised figures'.

—\

.

_

♦Announcement in this issue,

112

+

4 ',

2022——July 1 47

Hamilton Si Buffalo Ry.-^ ,
,
Consolidated mtge. 4Va% bonds, series A, due 1966-JFeb
Trane Co., 6% preferred stock
—
Deo
United States Finishing Co., $6 prior preferred stock—Dec

245

76

269$

f
*
f
*

143

63

37

—

1

232$

+ 1,577

21

—

1724
2694
2550
1726

1

4,249

39,840

...

deposits

Foreign bankB.^.........,1,292
•ftnCTnwjngaw.-Mi-M; •■•.,-'; ■ {X:-'r- i ,:V194

—,

combined....

14

—

2
15
I
.1

26
1
1
15

---4,660

3,519

adjusted

.........

8. Government

U.

to

note liabilities

■

' r*
228T

2549

—Dec

1st mortgage bonds due

4M»%

Standard Brands, Inc., $4.50 preferred stock-—.—Dec
Swetland Co., 1st mortgage 6s dated 1930
Jan

337

—

50

—

3,380

.

8,628

576

+

27,081

Interbank deposits; ■
Domestic banks—9,418

gold certificate redeposit and P., R.

of

serves

—;

20

+

70

I:

1

preferred stock, par $10—ADeo 81

Liabilities—

;

loans

433

+

+ 289

Federal Reserve Banks...... 10,215
lh^yauli-.^^..^.^—641,

27,165

Contingent

6,314

+

—

1722
:

'

1

Toronto,

securities

Balances with

Time

liability on., bills
purchased for foreign cor¬
respondents —
re¬
commitments to make indus¬

10

Reserve with

•-

\

,v;

43

20.

2546
.1

a •

1979
—Dec
St Louis Shipbuilding & Steel Co., 1st mtge. bonds.—-Dec
Silverwood Dairies, Ltd., 40-cent preference stock-.;——.Apr
Spotless Co., Inc.; 6% preferred stock-—
—
Oct

327

+

+

•-

2690;
2543

Safe Harbor • Water ppwer Corp.—•

—

+

2284
2689
228$

—Dec 18 !

Railway Express Agency, Inc.—
Serial notes, series A, due 1947-1848—

bonds

173,463
228,153

.

451

1—113

779
5,640
4,381.

............

of indebtedness.

(Including guaranteed
-obligations) hr^niwwi.

Cash:'
185,041

494

—

48

+

98
2,157

Treasury-nc^es-^—.
8.

Pennsylvania Sugar Co., $%

68

—

840
453
1,503

....

...

bills—

—

28

—

2540

1947-+—^-Any time,

'

due 1966—

1st mortgage 4s, series A,

:

........

Treasury certificates

<•

Northwestern Utilities,: Ltd^-*-

+3,405

42

—

881
387

estate loans.

Loans to banks...

Other loans—

Northern New York Utilities, Inc.—
let lien St ref. 6^- bondr, series B, due

3,205

r

Government obligations—...
securities
—....

S.

■

•

.

44,089,262

«

paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts

U.

Other

Other

Capital

preferred stock^_r—
*-JDec
Norfolk Southern Ry., 1st mtge. A'/as, ser. A, due 1998.Jan
North American Elevators Ltd.—
1st mortgage (leasehold), bonds, series
—,.-AJan
Nebraska Power Co.; 7 %

pur¬

Other loans for purchasing or carrying:
U. S. Government obligations
Other securities.

476,026

17,752,212*

17,749,005
1,891,250
14,062
44,434,971

liabilities

trial

dealers for

and

brokers

+ 127

10,156

—

to

+

2405..

..—Anytime

—

•

4,321

'■

46

—

2683
52142
■*'.
2539

,

International Telephone'6r Telegraph-Corp.—
4% % debenture bonds, due J952—a—^-,-July
Merchants' National Properties, Inc., debs: due 1958_„aD6c

1945

+ 188

57,736
16,475

2683

series E, due 1977
July 1» *47
3s,*Beries F, due 1961—Dec 27

International PaRer Co.—.
3 - >
1st and refunding mortgage 5s due 1947

(—) Since
Nov. 21,

1946

1946

Asset*—

Loans

Nov. 13,

20,

2281
2682

Consolidated Paper Co., Ltd.—
1st mortgage 5Va% bonds or debenture stock——.Jian
2
Crucible Steel Coa of America*. 3V\CM debs.,- due 1955—--Dec 20
Dierks Investment Co., 1st mortgage es-.U'—A.-...-..-Deo . I4
Dominion-Scottish Investments, Ltd.—•
1st collateral trust 4% bonds, series A and series B—Jan
1
El Paso Electric Co., 1st mtge. 3V4S, ser. A, due 1970—Dec 12
: 4Va % gen. mtge. gold bonds,
Inland Steel Coexist mortgage

Increase (+) or

U.

;»•:

Page:
1325
?

Date

Merrimao Hat Corp,, preferred stock--——.^Dec
1st mtge. 5s, due 1969———Dec

Decrease

424,791

312,598

incl. accnfed divs.

'

*

27

Great Northern Ry.—

-'*«'-'V**

$118,600,000 ih> New York City
aU reporting member banks.
of the assets and liabilities of reporting

Nov.

44,662,822

-

640,734

-

-

Deferred availability Items

•'-

2327
2327

t

Mount Hope Bridge Corp.,

633,174

664,626

Other

Total

a*

.

■;

(In millions of dollars)

16,097,879

16,131,047

acct.

,U. S. Treasurer—gen.
Foreign

*

1638

1
1

•

member banks follows:

23,646,218

■

24,675,511

24,779,754

notes

Deposits: i'

Other llabs.,

-H

chasing or carrying: \

^.Liabilities—

Total

1

2Vx%, 3% and 4Va%-first secured bodns——-Dec 16
Bridgeport Molded Products Co.—
'
:< 2Va%, 3% and-4W%
first secured bonds
....4.'lDec 16
Butte Electric & Power Co.. 1st mtge. 5s oup l951-.Any time;
Canadian Celanese, Ltd., income funding rights-a-A.--Dec 30
Carman & Co., Inc.,. class A $2 conv, preferred stock—Dec
1
Central fjtates Electrio Co., 1st mtge. 4s, due: 1964——Dec
4
Champion Shoe Machinery Co., 1st mtge, 4s, due 1948.-3an
1

Borrowings declined

loans

Federal Reserve

>

Blue Ribbon Corp., Ltd.—.

and $135,000,000 at

Loans

Member

:i

;

,

2325
2325
*

,

Statement of Condition of the 12 Federal

Gold

2290

2325
2325
3325

CALLED

ISSUES

Company and Issue—

New York

*

'

:

Algoma Eastern Ry„ 1st mortgage 5s
—..Mar X
American. British St Continental Cv yp.*— ^
>
1 5%: gold
debentures, duo 1953—
.Feb, 1
Associated Electric Co., 4Mr%' bonds, series B, due 1953.Dee 20

•Nominal rate.

•

1st

Spalding <A. G.) & Bros., inovi
'"debs', du<» 1989—.—.Dee
Texas Pacifie-Missouri Paoiflo Terminal RR. of New
Orleans, 3%% mtge. bonds, series A, due 1974
Dec
Toledo Edison Co., 3 Ms % debentures, due I960—.
(Deo
Twentieth Century^Fok Film Corp;A-u
,
>
$4.50 prior preferred stock—i—._
Dec

.278214

.278214

.4.005000

.233629:^W—M;;

Day

'

.091324

.091324

.278214—-+ \

Thanksgiviing

.201612

.040501
•

-

.562716*

2289

4%

Ltd.,

•

Holiday

f .658300*

v

2287

,

Philadelphia Transportation Co.—
>
1st.and refunding mtge.
bonds, ser, B, due J970-Dec 1
Pittsburgh Steel Co.~*
'•'.v--1 ^
'1st mortgage bonds, 4
series, due I960—.-i-—AA».Dec ' 1
1st mortgage bonds, series B; 4%%, due 1950—..A.—Deo' 1
;
>
1st; mortgage bonds, series O iVz %, due I960..—
.Deo , %
poli'-New'England Theatres, Inc.—
>
•>
1st mortgage bonds, due 1958
Dec 2
Public Service Co. of Colorado, 4% debs., due 1949
Dec
1
Queen Dyeing Co,, 1st mortgage 5% Bonds—-—aa.^—Dec 31

.949375

3.223833

'■*

4.005000

.658300*

-

-~

'.

;

*

2287

refunding mortgage bonds, ser; A; due. i95d2-Jan^ l

•

.658300*

Noncontrolled

.949166

;

040501!.

r.

Holiday
Thanksgiving
Day

1.000000

1.000000

;

.

'<;.09I324-

:. !-

.233629

Controlled—

-

.278207

.020060

A-

3.224333

{?,

2017

'2286

—Jan
1
——Dec 31
Deo I

1956

'

+

/++201612

.091324 /
?

.278207

Africa, pound

,s

.

'

.201612

.091324

—,

/;

-

•;;;040501 //:.;/,i:;;.-+

.040501

Portugal, escudp
Spain, peseta-.
Sweden, krona-—
Switzerland, franc-

<

.948958

3,223833
,201612

...

—

2408

'

2289
•
; v 2693
Niagara Falls Power Co.—
•
.■•••■;" ' '-AAA-t'y-A.
1st and refunding mortgage 3V2S, due 1966—
Dec 11
2056
Oak Manufacturing Co., 5% conv. debentures, due 1955_pec
1
2157
Ottawa Valley Power Co., 1st mtge. 4s. due 1P64——Dec
1
2551
Pennsylvania Glass Sand Corp., 1st mtge. 3VaS, due 1960_Dec
1 % 2447

.208765

.208765

CQlombia,pesQ-,---———————
=

.«

.950937
.571400*

.951093
.571400*

.951796
—-—a———————

Czechoslovakia, koruna
Denmark,
England, pound sterling

1.00000a,

1.000000

v

1.000000'

Free.——.

1718

Dec 31

National Dairy Products

„

Official———

stock-,—..

bonds, foreign series, due I960——;
Dec 1
mortgage bs, due 1953—.—a—_Jan
1
Corp.,2%% debs., due 1970
Dec 1
Neisner Brothers, Inc„ 4%%
preierrect stock—a...
Dec 15
New England Lime Co.,:3%-6% debentures due 1966—Jan
1

Midi RR.,

1.000000

.951250

.571400*.

•

.054053

0

,

Holiday
Thanksgiving
Day

3.21095O

.054053

.022797

,

,

3.210950
.022797

8.211450

+022796:

preferred

Lafayette Hotel Co., 1st mtge. 5s, due 1947-——..v.—Dec 15 ; - 2692
Bake )3t. Vohn Power & Paper Co., Ltd.—»
<
1st1 mortgage 5 */f»s,. series A
—
..Ua.—..Jan-; 1'
2288
Macfadden Publications, Inc., 6% debentures, due 1968—Jan
1
2411
Metropolitan Ice Co., 1st mortgage 7s, due 1954—Jan
1
2411

NOV. 28

.351247*

3.211450

6%

Co.,

Utilities Corp.—
convertible debentures, due
Greynound Corp., 3% debentures

.297733*

.251247*

,

Mills

-

1

4

.251247*

.022796

Canada, dqllax—

Union of South

s:-

1
1

Public

Ai: 1st and

.297733*

3.210950am

wi-Wwatf. •

New Zealand,

,||M

Cotton

General

Nov, 37

$

•Belgian.

-

Deerfield Packing Corp., 1st mtge. 4s, due 1958...
Dec
Detroit tfteej Corp., yu-vear 6% debentures. ! ^........Jan
Horn Coal Corp., collat, trust 4s, due 1956....^
Dec

4 V5t%i preferred stock——..a—.—a-a—.a
Indiana Service Corp.—
•

.251247*

!
!—_.
Australia, pound.
Free

India

v

Erwln

' 's "

1

.297733*

Argentina, peso—•

:

: v.:

v'v '

>M

www

Nov, 38

Nqv,85

NOV,, n

NOV. 23

.

:

*

Elk

III

"IMIP

-

; i/ *
' 2406

New Yorlc

Rate for Cable Transfers in
Value In United States -Money

Noon Buying

Country and

'

'

Mil J..I

I'M

v:\

•

2402

TARIFF ACT OF 193Q

!

28, 1946, INCLUSIVE

NOV, 22, 1940 TO NQV.
^ i : "" "'1 :*/' -V': *!* '
'
■i
*IIM
11 "
IJ

'.2682

Dec 20

1st inc. mtge. 5%x. due 1949-Nov 16

\

'

-

.

OBaTlPh^ B^r^DEEAli BBS ERVB^,B^^H1K<:^v•i®SSP4SUR^^UNpER;

POBEIG3ST BXpHANGB BATES
W.

:

.

1953—.

Illinois, Inc

Gurney Foundry Co., Ltd.,

We give helow a

wprld.

due

•1st (closed)
mortgage 6 MiSa..—I
Cleveland Graphite Brpnze-Cq., 5% preferred stocks.-Dec 30

Bank is flow cer¬

in the different countries of the

Secretary atthe Treasurythe buying;^
record for the week just passed:

tify irigdaily to the

.

Associated Laundries of

Pooe

Date

,

bonds,

Associated Electric Co,,

Tariff Act of 1930, the Federal Reserve

requirements of Section 522 of the

Pursuant to the

+-:fe /

Foreign Exchange Rates

>•*

f

"r

Jg"?®
I?4-*!)

,

" ^
«
0ft.

12,20.
>

f1*r

.,12-u
14"{

'-pf

THE COMMERCIAL & FINANCIAL CHRONICLE

'

2868

>(

Per

•XX■ ;v; Name of

1-2

$1.50

1-: 2

12-20

$1.50

1- 2

12-20

10c

1- 2

12-16

•

-.

50c

-

12-

$1

12-

B

.

,

-

■

......

i^ll-30

$1

Extra

American

Locomotive

Co.,

1-

--•

1-

■

25c

2

1-

$1.75

Machine

American News

12-31
1-15

1-15

^ K

Extra

3

2

75c

12-27

12-16

XX .X 75c

12-27

12-16

25C

12-18

American

Republics Corp.———American Rolling Mill Co., 4%% pfd. (quar.)
American Safety Razor Corp. (quar.)
American Smelting & Refining—X'.

12-

..

•

7%

1st

preferred

American Snuff Co.,
6%

preferred

(quar.)___—

common

(quar.)_—
(year-end)——.
6% preferred (quar.)
Association (year-end)__—

•American Stamping Co.
American Tobacco Co,,

Turf

American

12-

6

Deep

5

Delaware Power &

1-

12-

2

12-

1-

10c
$1

Inc. (quar.)———
Anaconda Copper Mining (year-end)———

petroit Alumin^ £s Bra^ss

12-30

12-23

1212-

9

$2.25

12-19

25c
25c

12-20

12-

7

12-14

12-

2

Class

B

50c

12-14

12-

2

Class

B

——.—-a—

Mills (year-end)
_j
-«*—
Armstrong Cork Co. (year-end)————_
Armstrong Rubber Co. (Conn.)—
;
->

$5
80c

12-27

11-25

25c
25c

1- 2

12-16

1- 2

12-16

$1.50 conv. Class A pref.
Dixie Home Stores (extra)

1-

12-16

Dixie

Cable

&

Wire

Copper

Apex Smelting
'v'y Extra

.

,

Arlington

^ Class A (quar.)—.

.:

—

;XX Class B (quar.)———
4%%

«

Constable

Arnold

——

Corp.———

Atchison

Topeka & Sante Fe Ry., commonVX. 5% non-cum. preferred (s-a)—
—Atlantic Greyhound Corp., 4% pfd. (quar.)_
Automatic Fire Alarm (year-end)—
Automatic Voting Machine
;
Babcock

Wilcox

&

Co._—_

Locomotive
Works
(year-end)—
Life Insurance (N. J.)—

Baldwin

Bankers

2

12-

12-16

3

1-31

1

12-27

12-21

12-

12-14

12-

7

12-23

12-

9

12-20

7

r—14 2/7%

dividend

■

12.-14

1-

25c
75c

11-27

20c
50c

12-13
12-27

12-

50c
$1.12%
y 25c

12-27

12 %c

12-16

.——

„

Ties

Brummell

Beau

—

—

—

River

Berens

Mines

1-

Bond

ft XX Extra

Borden

1-15

6%

•••».

Consolidated

Hecla

&

.

—■

■■

Extra

5%

&

Central

Cold

Storage

■

(quar.)

Co.

i

Maine

Power

Co.,

common

v—

States

12-

1- 2

2

2

7-

2

10-

2

9-20

125c

1-

2

12-14

1-

2

12-14

12-24

12-

12-24

12-

2-

1

1-

12-

2

12-

1- 2

7

12-20
1-

12-

Canada

Schmidt

&

(quar.)

20C

Company
com.

(stock

dividend)

1212-

25c

75c

convertible

Instrument

1-15

12-31

General

30c

25c

1-

12-10
3-20

12-14
12-12

.

12-13

-Extra
Glen
V

4»/2%

Glens

New Orleans & Texas Pacific Ry.-r-

$2

v

12- 6

12.-19;

Co...

8-15

11-15

■

•

12-11
12-11

25

1-

2-1

1-

2

12-10

12-

2

12-10

12-

50c

12-20

11-29

7%c

—

12-10

12-

(N.

$1.12%-

a

a—

12-30

(quar.)..

40C

B (quar.).——a.
Manufacturing Co. (year-end)—.

20c

$2

12-16

12-31

Oil Co.; class

.

,

:

.

$5c
30C,

-

40c

Extra:_A_M^--AA_-wt(—.AAA...A-A.—-lo.

1-

2

2

-1

12-14;
12-11

12-14

15c

V.

1-2

Y.)

11-30 :
12-

2

■{12-20
12- 2

2
•

12-10

>

11-30

11-30!

12-10
'

Cincinnati Street Railway (quar.)——

11-30

;

12-

Stamping (quar.)
—
City & Suburban Homes (s-a)_
Cleveland Electric Illuminating, common—--,';
$4.50 preferred .(quar.)——
Cleveland Quarries Co,
<quar.)___.
Cleveland
Climax
Clorox

duett
;

7%

Worsted

Mills—.

Molybdenum
Chemical

Co.

.

-i

;

Peabody & Co., common (year-end)
preferred
(quar.)

Southern,

$6

on

such' order

the 14th day after the date

12-

12-11
12-19

12-21

12-10

12-13

50c
50c
33c
7MsC

12-30
12-20
12-5
> 12- 2

12- 9

.

." r

=.

•

(year-end).
(extra)
Harrisburg Gas Co.; 4%% pfd.
Harrisburg Steel Corp. (quar.)
Co.

12-14

1L-30.

12-30

$1.10 '

'•12-10
>11-29

12-16'-

'

J

25o
30C

12-20

12- 5

,1'-; 6

12- 5

1-

12-16 i

2

12-20

12-10

$1.12%

1-15

12-31

20c

—:

(quar.)
'

Wholesale

Co.

250

(quar.)_,

-

—_

12-20
12-16

12-

12-16

4%%
Hartford
v

convertible
Steam

; Inspection

.

common

preferred
Boiler

(extra),

$1.12%

(quar.)

Insurance

12-2 '

11-25

and

Brewing Co.

$2.50

>
•'.

,$1.20

i. t:';-

(year-end)—^-,-

^.,wJEl^roiuesv'Powder Co. (year-en4)4r-*t4-?*w»< V

$1»

12-

2

12-20

'' 11-21
12-10

.

12-15

a

12- 5

.'(.50c

12-16

;

^5C

12-20

.12-9

At

■

1- 2

12-23=

12-15

9

Co.,

Inc.

25c

12-24

12- 9

$1.75

12-24

12-

—

Ltd., pfd.
(extra)

—-

1- 2

6

11-30

11-

1.

11-

1

25c

1- 2

12-14

50c

12-26

12-14

$1.06V*
■ :15c
25c

1- 2

——

12-14
12-

5

12-16
2

12-12

45c

1- 2

12-12

preferred

$1.25

12-31

12-12

25c

12-14

12-

$1.75
25c

(s-a)—.
(quar.)

—

2-15

1-31

12-26

12- 9

common

1-

-a,

1-20

12-30

1-2

12- 0

25c

12-30

12-10

25c

12-

1

11-20.

25c

1-

6

$1

—

common

Co.

I- 2

■

11-22

2

.

(year-end).

.-.a—

•#

"3 J "4':?• 5

>•

25o

•Xv-"s

•

(quar.)—!

$15c
$37%o
50c

12 %c

1

11-22

12-

1

11-22

12-

1

11-22

12.

12-

12-

$1.37%:

(quar.)—

1

11-22

1- 9

12-18

1-

$1

13o
.

.

$1.30
«'••••

9

X
•

12-10 "

12-20

12-14

2

12-30

12- TV.

II-30

11-19
11-19

11-30
11-30

11-19

1- 2

12-

1- 2

X

12-15

6. >

12-13

12-27
12-16

12-

12-20

12- &;

1-2

2

12-21

12-20

12-16
12-24

12-10

12-19

12-

5

1

1-20

1- 2

12- 6

21-

12-

2

0

12-14

11-30

12-15

11-29

12-15

11-29

1-

2

12-14

1- 2

12-14

12-20

12- 5

12-20

12- 2

12-20

12- 2

1

1-13

12-13

12-3

1- 2

12-10

2-

x

5-

12-23

$1.27%

—

—

i

12-12

12-

75c
60c
$1.25

(quar.)—

.

tx.

11-30

,

(quar,)—,

Gypsum

12-10"

12- 2

60c

12-

12-30

-

(quar,)—aa«—«aa.m4w*.

(Detroit)

11-20.

12-15

——25c
15c
(quar.)- $1.62%

———•—

pref.

6

87%c

a-

pretexted

.

12-

11-30

6%

x

12-1®
12-14

12-19

$1

National Lead Co., common (quar.)—
—
vX;7; Extra
———
ft'6% preferred B (quar.)
——
National Steel Corp. (increased quar.)New England Fire Insurance (quar.)—aNew England Fund—
:
Certificates of beneficial interest-——^

9-

9-

1- 2

12%c
$50c
75c
50c

(s-a)

aa

National

2

12-

—

convertible

$1.50

12-

12-10

1- 2

12-24

;

20p

12-16

:

Extra,

11-19

>r.■

'L t-'a.-Hathaway' Mfg. Co. (quar.)
■}: *Hawjfejjr ;3Pulp & Paper (initial
t -tj
.4 ,V "Healed'" Petroleum

M.)

National Grocers, Ltd.,

11-30

II-30

12-

1- 3

$$1.25

(quar.)

v

National Casualty Co.

5

12-14

:

1

1- 2

40c
$4c

'

12- 5

25c

(quar.)—

11-30
11-27

-

'

Harshaw Chemical Co.,

12-15

preferred <(quar.)A———.—A-,-A-A-..«,*i
$1.50
Molson's Brewery, Ltd. (year-end)
150c
Molybdenum Corp. of America (quar.)A
12%c
Monroe Chemical, $3.50 preferred
(quar.)— -j 87%c
Monsanto Chemical Co. (year-end)
25c
Morgentown Furniture Co., common (a-a)—
40c
?':, X-' Extra
—a-a——™~w v
,20c
6% preferred (s-a)
$3
Montreal Locomotive Works, Ltd.
(quar.)—
$20c
Mount Royal Hotel Co.—, 35o.
; Mueller^ Brass Co.-^--—*—; ;;
40a
Murphy Chair Co. (initial)
—
10c
Murphy (G. C.) Co., common (year-end)—
75c
ft 4%% " preferred
(quar,)AA^^---*.-i-.^-^ < $148%
Murray Corp. of America—
,
4% preferred (quar.)—a—a50C
Myers (F. E.) & Bros
75c
Nation-Wide Securities Co., Inc.—
X
Voting trust certificates
(year-end)
40c
National: Acme Co. (extra) —.--—a—aV " 50c
National Battery Co.
(quar.)
——
!;
30c
National Breweries, Ltd., common (quar.)—
v $50c
7% preferred (quar.) aa^.--—waaa—v*43p
National By-Products
(extra)—
—^,
$1.25

12- 6

12%C
5C

Harrison

•

$3

12-14

12^31

50 c

Company
Watch

12-31

lie::

250

Hamilton

12- 4

11-26

$1.06%

Extra

12-6

;
:

4

$1

'

<

w$1.50;

Greyhound Corp.; common (year-end)^*4Vi%
preferred (quar.)—a—
Group Income Shares,'series A
Gulf Oil Corporation
(special)..
Gulf States Utilities, $4.40 pfd. (quar.)
Hall (W. F.) Printing; ^quar.)..—.—.

12-..6:::;Haloid

35C

of

——————————




12-10

preferred^

payment -to

be made 28 days
after SEC order to holders at the close cf
business

11-15

$l,75sn';-. l- 2

,

—

&

liliii3o

$l.'50J.j,ti2-24

—

—

Proposed

12- 61

35^;, 12-12

Clyde Aircraft Manufacturing, Ltd. (initial)
Coca-Cola .Bottling Co. (N. Y.) (year-end)Commercial Credit Co.
(quar.)
—
Commercial Solvents Corp.
(year-end)--,—
Colonial Finance Co. (liquidating)—
Columbia Aircraft Products, Inc. (initial)—
'Commonwealth

2

12-20
$2,
306-a: 12-13

——

Co.—:

(quar.)

6

12-

City Auto

(L.

,X

•X"

8

7 ViC

Graupner (Robert H.), 6% preferred (quar.)
Greening (B.) Wire Ltd. (quar.)
•
Great Lakes Terminal Warehouse (s-a)

5-15

2

1-

12-21

12-31
12-

25c

preferred

5%

Minneapolis Gas Light, 5% pfd.
$5.10 1st preferred (quar.)

9

2

1-

I-

12-

$1.25

—

(quar.)

(quar.)

preferred

Gorham

2-15

3- 1

50c

12-24

•

11-20)

$2

$2.40
preferred (quar..)———
;:Middlesex";:Water
Midvale CompanJr J—,—:

12-16

2

15c

Coal

Distilleries

Falls Insurance Co.

Gordon,

$1.25

25c

$1.50

—

Alden

Glenmore

12- 3

-preferred<(quar.)A.-^---*-i,-*«-*^;^*
-:$1.25(:/:? 6^2:<
5% preferred <quar;)^.^u;-~,-~—$1.25
9- 2
5% preferred ,(quar.)r*—Kji.23--y*$2t 1

25c

—

12-7

5%

(quar.)

11-30

t$6

(H. H.) Packing, 6%% pfd.
Mickelberry's Food Products Co.—

12-20

Equipment..
General Railway Signal Co., com. (quar.)..
6%
preferred (quar.)——...
Gillette Safety Razor, common (quar.)
$5 preferred
(quar.).
Glemore Distilleries
(quar.).—

12-20

20c

Corp.

12-17

X 1-17

$1.30

Meyer

1-25

12-13

1

4c

(s-a)

Alkali, common

Extra

12-16

Co

11-29

12-13

(interim)

6

12-

12-12

1- 2

Messenger Corporation (year-end)
Metal Forming Corp. —-——

12-21

12-16

12-27

2-

6

12-31

11-22.

1

$2
$1
$1

preferred
(quar.)——
Publishing Co. (year-end)
Merrimac Hat Corp.
(quar.)

1-17

$2

12- a

12-10

1-

$1.25

—

Extra

10

31% c

(quar.)

1-20

12-16

15c

-

$2

12-

2-1
12-21

1-20

$2

62%c
12%c

$3.50

12-21

2

15c

Precision

Chilton Company (' < :

1-

25c

Meredith

11-30

-12-10

40c

preferred

General

12-20

12-

12-20

2

12-20

12-14

-

—

preferred (quar.)_——
Merck & Company, common (quar.)

11-29

10c

1-

30c

$1.25

7%

General Builders Supply Corp.—

12-10

2

5%

3

12-20

12-17

-

—

(resumed)

(quar.)

Mercantile Stores Co.,

3

15C

12-14
12-11

Extra

12- 9

12-20

Co.

preferred (quar.)
X
Memphis Natural Gas Co.
(year-end)
Mengel Company, common (increased quar.)

2

12-14

2

1- 2

12-28

& Co

Ltd.,

Extra

2

12-

30c

(quar.)...—.
'Extra':a—J—A—$8 preferred (quar.)

1

1-

12-

1-21

6%

—

Manufacturing

1-

.*

12-16 *

25c

Co.,

Electric

15c

•

1-

12-14

37%c
$25c

4%%

12-31

Brewing

12-23

McQuay-Norris Manufacturing Co.—
Common (quar.)

12-12

1-17

■':':

2

12-24

—

12-20

12-12

10c

(quar.)—
(monthly).

Corporation

Extra

6

35C

12-16

25c

—

McCormick,

12-17

12-

1

37 %c

10c

General

,

McCall

12-14

preferred

5%

1

12-24

2

General Baking Co., common

12- 2

45c
$3
• $1

(quar.)-—-——

of

Co.

(Robert)

6%

12-10

1-10

12-10

1-

$1.50

$1
l%c

Red Lake Gold Mines

McBrine

12-20

12-31

4-

12-10

12-20

37%c

12-12

preferred (quar.)
McAleer Manufacturing Co.—
5% convertible preferred
(quar.)

12-14

12-26

12-20

12-20

1-

i-ia

2

50c

common

Year-end

5

1-2

Co., class B
$3 participating preferred A (quar.)

11-26

12-16

12-

25c

of

1

1-

7%

7

12-24

Bank

2-

40c

Angeles Investment Co. (extra)
Provisions, 8% partic. pfd.

Mathieson

5

12-20

10c

Dealers Industrial

Gemmer

11-26

11-30

12-

Taylor,

Marven's,

7

12-20

12-

66%c

(quar.)

Cement

2nd

Year-end

6

$1

12-

$1

11-26

1-17

1212-

20c

(quar.)
Manufacturing Corp
Garrett
Corporation

11-18

11-30

2

37'/2C

(quar.)

Galvin

12-10

2

2

1-

130c

•*;

11-29

9

1-

25c

12-

12-20

$1.06%

Semi-annually

11-30

12-20

56V4c

12-20

85c

Mapes Consolidated Manufacturing Co.—

12-10

50c

(quar.)

...

12-10

(quar.)..»

Common y

35C

2

...

Gair

11-29

12-

1-

12-

60c
,

*

5

12-11

70c

&

Madsen

12-20

Truck

Motor

Gabriel

12- 2

T.

12-

12-31

65c

12-

1-

Manufacturers Life Insurance Co. (Toronto)—

3

12-14

(year-end)

12-

1-

12-27

Macy (R. H.)

12-16
12-

12 Vic

Special

5

12- 9

2

12 %c

(quar.)

Corp.

1-

1-

xl%%
xl% %

5c

Portland

12-

xl3/4%
_■

Louisville

1-15

12-20

50c

12-

25c

Monthly
Los

•)-

•

1-

—

preferred
Lock Joint Pipe Co.

6

$1.12%

(quar.)

(s-a).

12-

Locomotive Works

8%

-

)

1-

2

&

Lord

1-15

2-1

$1.12%

12-

$17c

Year-end

6

15c
30c

12- 2

1-

(quar.)-

(John A.) & Sons, Ltd.(quar.)—
Electric Steel (quar.)——.

Lima

6-20

24c
...

11-30

12-16
1-

Casualty Insurance Co. of Tenn.—
Quarterly
Life Insurance Co. of Virginia

3-20
-

12-14

$$1.75

Service,

Frary & Clark

Life

c

Fund—:

25c

37%c

'

20c

& Co., common
(quar.)Special
preferred (quar,)—
Liberty Fabrics of N. Y., Inc. (quar.)__

12-27

14-

11-30

15c

$2.50

11-29

25c

6

12-15

Leath

12-10

25c
v"

Public

Lawrence

12-13

25c1

-j

6

12-

50c

^

(quar.)_

Latrobe

11-29

12-10

12-

12- 6

;

Steel

Lang

6

Brooklyn..

7

12-2

.

2

12- 9 :

12-31'

^

75c

———

Fuhrmann

12-

12-16

preferred

Co.

Company

Foundation

12-10

12-21

i2-16

5%

">

12-

2

Corp., common (resumed)..
6% prior preferred (quar.)
Fostoria Pressed Steel (year-end)

6

$1.50

;

:75c

Foster-Wheeler

IOC

,

Cincinnati

1-

5k'60c'.--.

.•

Fidelity Fund, Inc. (year-end)
Fittings, Ltd., Class A (initial)
Food

Chicago BurUngtoh'.& QUincy
Chile
Copper Co.
(year-end)
_

12-20

$1.75

.

Products Co.

Extra":

15c

Extra,
(N. Y.)

$1.75

12-13,

12-28

Extra

12-31

12-

>

12-13

12-30
12-28

$1

Landers

11-30

1-15

25c

Fund—

Electric, $4.50 pfd.

Railroad

Federal

$1.12 y2

Chamberlin Co. of

Bank & Trust

Paso

Extra

40c

Products, common—
prior pref. (quar.)

Chemical

;; l- 2

9

:;'v,c,x

12-28

(quar.

Laclede

12-20

1

Certain-teed

v

12-24

75c

'

75c

Koppitz-Mclchers

12-20

1-

Edison^i^-,,-*-,^^^^^.^-,,

■

5oc
115c

:

•

2

$1.50

.

-

12-27

1-2

87 %c

preferred ( quar.),
:€%
preferred (quar.) a——.a.———
Central Ohio Light & Power (quar.)

4%%

Balanced
Stock

Birmingham Co
Fanny Farmer Candy Shops

30c

3.50%

•Central

12-27

1-15

Farrel

t40c
•
$25c
$37c
40c
,$1.10

——

Extra

Central

12-27

1-15

115c

Family Finance Corp., common
41/2%
preferred (quar.)

$2.50

Brainard Co.

(quar.).

1-15

135c

:'-X

9

12-30

$!■

Koppers Co., Inc., common
4%
preferred (quar.)—

12-31

...

50c

.irfc—i—

preferred

2

1-15

12-

75c

-

12-

1-

Fairbanks

,.;$1.50",

•

(quar.)
Catelli Food Products, Ltd., com. (interim)Lockwood

11-25

125c

(quar.)
Ex-Cell-O Corporation

.

Carpenter Steel Co._——
Case

11-25

12-10

444c

•

8s Howard

Evans

Copper—

aa—-Xa-a-aa;-.......,

Extra

>

140c

Eureka-Williams

—

X.

15c

Company (year-end)

''

Kimberly-Clark Corp., 4% 2nd pfd. (initial)
Kinney Manufacturing Co.—
$6 non-cumulative preferred (quar.)
Kleinert
(I. B.) Rubber
Knudsen Creamery Co. (initial)

11-30

i

12-

20c

El

25c
Canada Bread Co., 4%% preferred (quar.).$$1.12%
Canadian Canners, Ltd
$31 Vic
Carpenter Paper Co. (quar.)
25c
Year-end

-

50c

12-14

12-1

40c

60c

(XX

Co., common (quar.)
Special
4%% preferred (quar.)—.

3

20c

Erie

& Sons (quar.)—.

1

-

*

T2>/2C

12-

12- 0

Jewel Tea

6-20

12-24

Extra

12-28

5%

12-26

1

7-

5%

8-15

1

Quarterly

—

Calumet

1-

$1.50

Products, common (increased quar.)..
4V2% preferred (quar.)
;
Electrical Products Consolidated (Seattle) —

—

ft-'-'.Extra
? : 62%c
Brager-Eisenberg, Inc. (quar.)—_—
15c
Brainard Steel Corp. (quar.)
—
15c
Bridgeport Brass, common (quar.)
$i.37y2
f
5%% convertible preferred (quar.)
35c
Bridgeport Gas Light Co. (quar.)
30c
Brillo Manufacturing Co., com. (increased)$2 preferred A (quar.)
—
British American Oil Co., Ltd. (quar.)——Broadway Market Corp. (resumed)—
—
Buck Creek Oil Co. (year-end)
..
Buffalo Niagara Electric, 3.6% pfd. (q«ar.)_
Burgess Battery Co
——
—
Burlington Steel Co., Ltd. (quar.)
—
Bush Terminal Buildings, 7% pfd. (accum.)
Bush Terminal Co., 6% preferred (quar.)—
Butler Brothers
(year-end)—
50c
C. I. T. Financial Corp. (quar.)
—
50c

7%

1-15

8-25

12-

12-20

(incr. quar.)-

Ltd., com.
preferred A (quar.)
preferred series B (quar.)
preferred series C (quar.)
preferred series D (quar.)

7%

8-15

1-25

$1.50

Ltd.—
(accum.)

non-cumulative

Eaton

(s-a)—*

preferred

5

1-15

3-25

preferred

Jamaica

Co.,

(quar.)

Eaton & Howard

12-28

Boston Woven Hose & Rubber Co.

Brach (E. J.)

i

12-

1-25

12-27

—

Extra

5

12-16
;

12-

11-10

12-27

f

■

Paper Co., com.

Irving (John) Shoe Corp., 6% pfd.
Irving Trust Co. (N. Y.) (quar.)

12t16

$1

Ekco

-a

.

(s-a)

$2, par and no par value (quar.)—_—

12-15

6

(year-end)

3

$1

/

Construction

Extra

& Electric—

—

Company

12 23

1-

12-13

12-14

'

Investment Corp. of Philadelphia (year-end)
Iowa Southern Utilities (Dela.)
(increased)-

12-20

.

12-16

$1

$4

12-16

$1.50

$2 par and no par value (quar.)
Easy Washing Machine, Ltd. (s-a)

1- 2

Stores,

12-23
12-26

25c

...

\

2

preferred (s-a)
Inc.—

6%

■

,,

12-20

5c

*

——

Blackstone Valley Gas

1212-

1-1.

$$1.50
t$1.75
$$2
10c

Belding-Corticelli, Ltd., common (quar.)—
7%
preferred (quar.)—
—
Bell Telephone Co. of Canada (quar.) —„
Benton Harbor Malleable Industries (resumed)

a

12-26

:

12-13

20o

(year-end).

(quar.)^;

preferred

'

Year-end

12-10

:

25e .?

■

4%

'

11-30

Body Co
Bates Manufacturing Co., commonExtra —...———
V 4%% preferred (quar.)—X
Bausch & Lomb Optical
(resumed)

50c

12Vic

12-10

12-24

■

International

12-2

12-31

—$1.75

-((quar^^W^-i''

preferred (quar.)
Douglas (W. L.) Shoe Co., $1 conv. prior pfd.
Draper Corporation (quar.)__
Dryden Paper Co. (Initial)
Duke Power Co. (year-end)
7%
preferred (quar.)
Duquesne Brewing Co. of Pittsburgh (extra)
Duval Texas Sulphur Co. (year-end)———
Eastern Malleable Iron (year-end)
Eastern Racing Association, Inc.—
$2 par and no par value (initial quar.)—
$2 par and no par value (quar.).—.

11-21

Batavia

12-16

,

$1^

Extra

12-19

2

Barber Asphalt Corp. (quar.)——
Bassett Furniture Industries (irreg.)—

35c

7%

National

Stock

1

6

12-14

•

Dairies, Ltd.—
preferred (quar.)—_
Dominion Glass Co., Ltd., common (quar.)
5%

12-10

12-20

2-

12-

2

Dominion

11-30

12-20

12-20

2-15
1-

12-20
12-24

25c

12-31

t25o

$1

20c

+

40c

2

12-17.
12-10

60c

Copper

87>/2c

Corp.

12-17 '

12-28

$1

International Minerals 8s Chemical Corp,-*■X- Common x, aa^Xaaa

$1

preferred

Consolidated

Iron

12-28'j
12-20

$1.50

(extra)

12-17

(s-a)

Cream

Dobeckmun

2-

75c

Ice

Inspiration

1-

12-20

50c

2

:

Steel

5

$7

12- 0

1- 2

40c'

$1.25

.

12-20

62Vic

Interlake

•

12-18

(quar,

12-17

Extra

6

3-

50c

——

$3

6

Disher

59%c
12y2c
$1.50
$2.50
$1
55c
25c

(quar.)

preferred

convertbile

12-

12-23

.12-

2

12-30

12-31

•

Co.

12-

2

common

(quar.)

Ingersoll-Rand

1-

75c

preferred (quar.)^—•
Industrial Bancshares (quar.)

5

12- 6

12-30

25c

6%

12-

12-31

$7c

Extra
:

.

56%c

2

;——

preferred

Natural Gas Corp.,

preferred

Holdere

Payable ofReiyx
12- 0
'X I*; 3
? X ft'Xft :■■
Vl- 2
11-30
12-20
12-6:

40c

(quar.)

1-

(increased)

partic.
partic.

$3

preferred

1-

Fruit, Class A (increased)—a

—_

Mining (resumed)
—_u_
Co. (quar.)———a_——

Anaconda

Andes

convertible

ZV/zC

(quar.)_

$1

Di Giorgio
Class A

25o
1 50c

XX

Humphreys Mfg. Co., common^—.^-aaa--.^-,

12-13

2

12-16

Extra

7

$2.25

5%

12-14

1-

5QC

Furnace

BubbellX (Harvey), Inc.

12-14

12-16r

;

Ltd.—

Extra,

Houston

9

12-10

40c

——

-

6

2

15c

pfd. (quar.)—

a*

1

12-31
12-

12-24

'

30c

——'—Detroit Steel Corp., new com. (initial quar.)

12-14

•

Special

•a/

12-16

1-10

Corp.
Light, 4%

12-

12-24

55c

-

—

Long Hook & Eye Co. (year-end)
Dentists'Supply Co. (N. Y.), 7% pfd. (quar.)

7

12-10

2

Oil

Rock

:

1-10

2

1-

35c

De

5

12-

212-31

$3

Metal,

Ampco

6

12-27

$1.75
50c
$1.50
32%c
$1.50

(quar.)————;

1-

of Canada,

Hollinger Consolidated Gold Mines (interim.)
Home Dairy Co., 80c preferred
(s-a)__:
Home Title Guaranty Co.
(year-end)
Hoover
Co.
(year-end)
Houdaille-Hershey Corp.—

12-2

12-21

Paper Co.

When

share

•

Quarterly;;'yA--**-~.A-—$25c

Holland

6

.12-12

Dauch

<fc

«

"

12-20

—

12-

1-

2

50c

12-28

Common (year-end)

v

(quar.)-

preferred (quar.)--w—
Cuneo Press, Inc., common (extra)—
> 4Vi% preferred, (quar )„—.»4w''
Curtis Publishing Co., $7 pfd: (accum.),—_
David & Frere, Ltd., Class A (quar.)——

12-20

1-15

250

1-

20c

5%

4

1

6

20C

-

Atlantic Sugar Co., common

Cuban

1

1-27

$1.50

—

;

(Quai'.)-'--A.AL

Hir.de

5

12-16

————

America

of

21212-

2 :

50c

-

Extra

12-16

1-15

$1.12%

(quar.)—
—

2-

$1.25
v

Crown-Zellerbach Corp.: < quar.,)^-,.i-i-.ii,-Crystal Tissue Co. (quar.)
...i

12-16

1-

40c

;

———

Creameries

3

1-

(quar.)

(quar.)
common (year-end)

Products,

Wood

2-15
1-

Per

-

'

12-31;

_;

12-16

$1.25
V 25C

;

Crowell-Collier Publishing (quar.)

^13-10
1-

Coty,

•

xNameof Company

;

.

{

Company

preferred
Inc.
-a

6%

.<12-10-

Gin

"

'

Hinde ds Dauch Paper,

12-31

■

10c

preferred (quar. )i.u-A—i—

Cornell

12-10

2,.' 12t10

25c

____—.

(quar.)-.—--.
Chemical, class

&

Potash

Class B

^

Metals (quar.)
(bi-monthly)

Co.

American Optical

American

&

Co.

25c

82% C

American

5%-

:

Continental

11-30

12-

35c

common__

Extra--;l__^_™_--.--.-.i——-r—.'
7% preferred (quar.)—_—
——.-

■

Light & Power (year-end)
Coppermines Corp
Consolidated Edison Co, (N, Y.)—;
$5 preferred^
Consolidated Grocers Corp., common

1-15

i

$1
$1.25

(accum.)

preferred

'

•

Consolidated

11-30

12-

-

Class

<8,

1-15

'

•

Connecticut

11-30

50c.

$1.50

a

-

!*'

•

■v

t

'

(quar.).._——
(quar.)___—-A———
American Insulator Corp. (year-end)
American Locker—
'••■■ X/X'v X
$1.50 non-cum. Class A (quar.
V Extra"
$6

7%

12-20

1st preferred

6%

tlOc

,

(New Hampshire)—

Concord Gas

12-20

Holders

Payable of Rec.

$5c

-

(quar.)_—

preferred

8%

4

2

2nd preferred

Extra

-

1-

12%c

(quar.)a-«-

12-

12-14

25c

V
common,

When

Share

Name of Company
^
Ltd., common (quar.);

.

,

'■ Commercial Alcohols,

Quarterly' ^
American Hair & Felt,

Payable of Rec.

(Iterfas)r-f

Co.

Insurance

General

American

Per':

Holders

When

r

Share

Company^'

Monday; December 2, 194Cf

12-30

;

12- 2

■

tvmt..u'L

J-i...

J

:\V
'

•

■

'•;■

-

-

-

-

■'■•■■

-

When

Per

.

Name of Companys ¥.:

••

Share

■

•

Hav.en Watqr Co,
(s-a)________———
New'. Jersey
'<:New.york CRy Omnibus Corp.___

Newport-Industries, Iqc.,
4%,%

preferred

com.

(quar.)

share

&

common

of

^ectriq fqr eqch. 100

bf North

Pacific

Finance Co;,

5%,

prior

1- 2

12-, 9

-15q
$1.12%

mb

12-

12-

9

"

$1.25.

12-23-

12-9'

$1.1
$1.80

12-14

43,%ic
43<3/4[C

12-2Q
l'i-29

0r3T

12-13-

33 Vz'/o
25c

—

(quar.).

i-

Oneida, 3Ltd.~ coihmoh (qtiar.
6% preferred- (quar,.)

&/ Debenture Cj,' (quhr.T^r_»J
Orpheum Building Co. (s-a)

(quar.),

hMP!

12-20

12- 4

12-i6

5

12-30

12-23
1-15

I- 2

Transportation "Co." (quar. )__/___'
30c
Fatcnpgue-Plymouth Mills (year-end)
$3
Peninsular Telephone Co." (year-end)_______
50c
Pennsylvania' Glass Sand Corp".—
Cqhrnron (qup-r,.) ™1
I
25c
5% preferred (quaje.)-;
$1.25
Pennsylyania Power 4c Light 'Co,, common30c
4%% preferred (quar.)h,
—$1.12%
People? Drug Stores/ Inc."(quar.)
'
40c
Year-end

__/

Company'

;

Special
Perfect Circle Corp.
Perrjon/Goldj Mines,
Extra-

(quar.)™//™™™

Y.)

1st

8%

C<?.,

preferred

25c
40c

(quar.)

preferred

Riverside

(P.

$2

t25c

2-25
1-2

12-

1-

Russell

7%"

I-16

2

12-

9

1- 2

12-

9

25c

12rl4

—

preferred
common

5c

12-20
12-13

12-

5c

12-10

Co*—

"(s-a.)x—c_l_

Industries, Ltd.,

11-25

Helen's

St.

Louis Public Service,

Pulp: &

Co,

12-

60c

12-20
2

12-

/;/

$1

12-20

12-

preferred

5%'

"A

class

preferred

-

Extra *

/

—

54

California

5% %

South
•

West

Yqar^.end

Aircraft Corp.,

convertible

Common

•

2-14 ■'

6

12-19

12-

6

12-20

12-

1_ 2

12-10

1-

2

12-10

12- 9
12-12

II-30
12"- 5

2-25
12-16

-

I-2-19

1- 2

•

preferred

9

previous)
:

:i

3:2-lQ

,

10c

1- 2

Common

—

(quar.)___—_
(quar.)

11-30

6%

12-

$1.10
n.

i2"

1- 2-

$1

1-2

12-16

37 %c
34 %c
>35c

.

f/1-15

.

Ltd;,

12- 5

$1.12

12-20 '

$3.50

Automobile

Bakeries

,

Extra

12-16

'250

1- 2

12-16

.205

12-16

11-30

75c

12-28

4%%
-

12-17

Armour

2

&

conv.

12- 2

10-31

1- 2

12-16

25c

1-

2

12-16

,

'

12- 9

II-30

i- 2

12-1-3

6 %

1st

12-21

11-29

7%

2nd

20C
•

1

11-30

$1

12-12

11-29

150

12-27

12-12

12-27

12-13

$1

12-12

12- 2

$1

12- 2

11-14

40C.

12-23

12-

12-

11-21*

81%o
$1-

(quar.)_

.

Telephone 5?

B

1

13- 3

12.-14

12->

40a
$1.5*

12- 2

U- $

12- 2

11-:«

$1.75

12- 2*

I2rld

11- $

12-10

4.QC

11-27
-

lb-2%-

Telegi-aplf-rr
$1.32
$.1.54

.

;

12-2*
12-28

11-3$
11-30
/12-

500

12-31

100,

12-16

11-30

lOo

.

class A (year-end)—

12rl6

11-38

1Q-26

12-

1

12-12.

common

West Didiea, 9,

5

11-20,
12-

S, L}nes-r$3
$2.50,

5

Atlas

Series

A

II-20
11-15

Atlas

12-16

12-16-

11-21

oevio,

(quar.),,..,,——

Autocar Co.,

12-31

12-20.

25c

12-JL

12-20.

25c

12-31

Canteen

Automatic

Automotive

12-20.

12-3JL

Company

12-16

12-20

$1.65

Gear

Co.

of America

Works,

convertible

50*

preferred

11-20

Avondale

12-1

12- 2

11-15

12-

11-15

500

12r 1

41 Vic

12- 1

11-20

lOo

(quar.)—-—

Milla

-

12-20

12-

$0o;

12-3

11-15

12-16

12r. 5

$1.25

12-16

12- 5

B/G. Foods,

.

Inpf (increased quar.)—

1

11-20
5

60

12- 1

11-15

.60

1-1-47

12-15

"25o

12-10

11-29

15c

12-10

11-29

(monthly)

'Monthly..
'

35C

11-15,

25q
/;

Aviation

Cprppration,/ common_—
12-20/
% Avqn, Allied Rroducts^ (quar.

11-15

12- 2

250

——

(quar.)_

common

11-26

12^2

25*

—

12-10

250

-

(quar.)

5%. series A conv. pfd.
5 %. preferred B (quar.)
Preferred O- (initial)
——

12-M

25c

preferred

Powder

.V,v

11-3$
11-30

12-30

Atlantic

11-21

/

12-12
12-12

37%a

RCXining Co.
(quar.),
Imperial Diesel: Engine-^

11-19
:

1

i

•• s

12-16

•

12-10*

12-.

:

15C.

$l.Q6V4':

Common0 (year-end)
——(•—
5%, noriioum. preferred (s-a)

12-10

2

5c

11-30

Atlantic* 'GulT &

11-7

1-

./ American Chain, & Cable, common" (quar.)'_
:
5%
preferred (quar.)——-

12-1$

1W^

U-l*

11- T

•■.vf"'

U 3

12-14.
13-. 3

13-13

12-

America)* Beverage Cprp.—
4%,"convertible preferred (accum.)
2QO prior preferred, (quar.)*///™™--___"

12-13

*k

12- 5

1- 1

I3r27.

$a;

12- 5

$2.25/

11-30.

Atlantic Coast Line RR.,

12- 2

_____——-

12-13

12-16

reported

$1

—

1- 1

,1W*

and

30C

;—»-.

12- 1

12-16

above dividend- w.as

20c

(quar..)

10-31

12-3

12-13

I-16*

75c

Vi < M 1- 3.

12* 2*

11-22

1-31
12-14

;

II-18/
11-18

2

30C

Atchison. Topeka & Santa Fe Ry. Co.
24.

v

$$li

_Z—

11-29

3

10Q

(year-end)

—

-

1L-15

12-

$1.50.

(accum.)

Astor Financial Corp.,

(quar.)-

(quar.)

12-20

12- 2

12/ 2

;

10-30*
12- 5"

12-20

87% a % 12- 1

12-31

$1.56.

1-1

-

12- 3
.*.2-14

12-

93 %C

—__——_——_————

preferred

11-23

,

12-20

(quar,),

$$2

pfdi

1st

Class

11-20

12-1

25a

12-10

75c
12V/c

—

7 %y 1st preferred (accum.—
Associates Investment Co. (quar.)
;

11/1$,

15o

—.____

(S-a)

$6

The

40c

.

12--5, v- 11-25

declared on Sept.
in our,, column that
week.
Due, to an oversight the line was,
removed; the following week.
Atlanta Gas Light, 4%% preferred, (quar.)
Atlanta & West Point BR.——--—
Atlantic. Coast, Line (Conn.),

12-10v

70O-

conv.

-common

B

5

'

•ri- 4

12-23

■

5*

12-10;

$25c

(irreg.)

preferred (quar.),—
Spring (quar.):

Associated

12-31

11-! 8.

1-31/

$i50a

preferred' (guar.) —

-Associated
Extra

1-

$$2.50

2- t

200

.

80c

I-21

12- 3

IOC

Corporation
(quar.)—
Ashland; Oil Ss Refining—
Common (increased quar.)_____—_______
4%%, .preferred (quar.)
—
Associated Dry Goods, common (irreg.)

$1.05

pfd, (quar.)

Insurance

Co.

.

preferred

12-31

11- 3

12- 3

(111/)

Company

75c

25c

12- 6-

1-2

Bembqrg,

11-20

2P 1

:'r.'-$l-

Artloom

$1.50

Co.1 (^ear-end)-.

American

i,'

12-

12-28

Holding Corpi (s-a)

American
•

12-16

12-31

.

12-20

1-31
12-a

-

12- 2

12- fi

1-15.

(quar.),
$$1,12%.
•\'i> 250
Edison Co., common (quar.)
$5 preferred
$1.25
(quar.)
50c
Arkansas-Missouri Power
Arkansas Natural Gas, ft % preferred (quar.),
150

.

12-20

1-15

12-18

12-16

/

12-12

Arizona

I-1*

11-15
12- 5

>;yp,'■■■

$1.25
$450

•

American

;

Class

$1.50

——-

Leather, 6%

Arch

i

9

12- $

1

12-

12-24/

-A;350-'.

$6 convertible prior preferred (accum.)-—
Armstrong Cork Co., $3.75 preferred' (quar.)_

(quar.)
common (quar.),

American Airlines,

American

12-16

1-2

11-15

50o

Aluminium

Amerex
.

12-19

2-

11-8
11-29

.12-16

$12

t50c

———

12- 2

America—

'Extra

i

1-10
12- 2

2

11-

im

(increased)——preferred (quar.)

Participating
Argus Corp., Ltd.—
4Vi% convertible preference

11-22
12-16

11-30*.

2

12-

$$1.50:
$$1

——

11-30

Industries

I Amalgamated

13-16

12-12
1-

$2. participating

11-15

12-20

1- 2
12-

'

*"

Cement

preferredv (quar.)

'

12- 2

12-10

12-20

'. /

12-16

"(quar.);

Aluminum

2

$2

11- at

—

12-16

$1.7.5

preferred (s-a)

Archer-Daniels-Midland
Special —
___/w—

'

1-2-47
-

6

12-

2

1-15

12-20 j

$15c

12-15

______—_—

12-6

12-2Q

.

Goods Manufacturing Co.
Extra—j._'///.

.

1&-20

12-16

1r

,12- 2

$58.50

——

12-10

12- 4

12-13

$ioa.

6%.

12-16

11-3$

12-1*

Telephone, class A (quar.)
Ltd/ (s-a)_4._—_—
Angostura-Wupperman Corp.
(year-end)
Anheuser-Busch, Ino. (quar.),
—
Applied Arts Corp., new com. (initial)

15c

_______

Aluminum

11-26

1.2/14

(quar.)

Aluminum Co. of Canada, Ltd.—
4% preferred (quar.)

12-24

25c

25c

Co.

Company '.of

"

12-10

87% c

Portland

Aluminum

12- 6

.

2

2

Mills/ Inc/: (s-a)L"ZL_
Corp., 4% preferred- (quar.)_

Alpha

'

M..

1-

15 c

Allied Stores

12/iflf

12*17
12-24

Holders*

2«'

/•T-..2'; ; 12- 5*.

$1

Extra

15c

Mfg.

1-3

62 %c
:,X

12-19

12-1*
13-1$

12-14

75Q
$1

„

25C

3%% Convertible preferred (initial quar.)

12-

$1/25

When

Payable of Rec.

t50c
75o

I

Allis-Chalmers

11-2Q

12-20

75c:

Allied
.

''.'1-

$.1
$1,25,

(quar.)

11-29
;

U2

$1.75

(qu^-l

11-19

2

500

(quar.)—

11-1*

1-. 2

30C

Anglo-Huronian,

L-

1-

'350

Arden Farms Co., common

(quar.)__—

5% preferred (quar.)/
Agnew-Surpass Shoe Stores

6

12-20

.

$1

W

;

:

$3.

—

ip the

$25c
t$1.25

(quar,)™

Engineering Co.

Extra

12- 6

12-1

35c

.

'1-16
12 r

pfd,

11-22

:

1

12-19

$3

—-

v

12-16

$.1.73

American Vitrified Products, pfd. Cquar.)
American Wheelabrator & Equipment—
Common ^initial)
5% preferred (initial)American Woolen Co., common (resumed)
$4 convertible prior pref. (initial, quar.K
7%, preferred (clears arrears)
7 % preferred (quar.) —
Anchor Fosti. Eroducts, Inc.—
6%. prior preferred (quar.);
Andian National Corp., Ltd. (interim)
Angiln-Norcrosa Corpav Ltd.—

Arcade Cotton Mills.

—

Ltd.—




12-

Refining, 7%

12-

500

—

11-22

2

...—

Sumatra

Common

12-12

2

1-

—«—,—

12- 5

$1.50

.

;

11-22

12-

.

,

American Telephone & Telegraph Co, (quar.)
$2.25
American Thermos Bottle (initial)
250
4% CK, preferred (quar.) —" yep,
American Thread Co., 5% preferred
12 %c
(s-a)—
American Tqbacco, clqss B (qqar.)—
75Q

11-30.

15c

Co.__

Tobacco
American Suvety; Co. (s-a)

5

12-12'

2

1- 2

25p

15C

convertible

1-2-13

3- 1

.

Starrett" (L.'s.) ' Co.' (s-^a) —w—

1-

15c

-1-2

50c

(quar.)

12-16

25c

//'_•

Special __"—_*
//—1—
Air Associates,
Inc.
(quar.)—
Alabama Power Co.. 4.20% preferred(quar.)
Allegheny-Ludlum Steel Corp. (year-end)
Algoraa Steel Goip., Ltd., 5% pref. (quar.)_
Allen Industries, Inc.
(year-end)
;__
Allied Laboratories, Inc; (quar.

50c :

V-

12-31

$1.12 y2

12- 6

12-2R

10c
$1.7*
50q,

_____

-

11-20

20c

Agricultural Insurance Co.

6

75c

Springfield £ii'e & l^aripe Insurance Co.—
Quarterly
L___—
.Special -_f_"—_i-—1-—.—

12-

1

35c

1-2-10

$30c

•

12-20
12-

133/40

12-10

_____

w—

50c

Special
5%

12- 5

12-16

American

12-2Q

35c

common__;

preferred

(quar.)

Aetna-Standard

^Pennsylvania Pipe tine—

Sprkgue Elqctrlpv Co',

—.

(quar,)
Aetna Ball & Roller Bearing Co.—

12-10.

12% c

preferred C (quar.)_———_—
Royalty Co. (year-end-)

)

11-25.

1-2,

40c

Share

5%

11-20

$1.25

SoufchiaJid

2

1-

Stores

American Sugar

12-6
12- 6

II-30

(accum,),

—_____

American

11-29

12-13
1- 2

11-21'

12-16

:' /; I-,. 2.,/; 12-. 4
/•■' 1- 2. . 12- 4
11-3$
$6.2512r20

——

12-

25o

qr,iginql preferred (quar.)__:_____—

-

12-14

Acme Glove

12- 6

2

12-15

'

Edison Co.,

12-20

2

11-18

12-14;

$1.50

—

11-29

I-

12-31

.

12-. 2

$1.25

—

pfd.

1-15

-

9l2>v2::'7 11-lft

$1,75;

—

12-14

30C,

Company.

55c

$1.12

_

2
2

11-29

50a

,

i

-

11-29*;

Anglo-Canadian

Aeronca

25c

;

11-

week, these being

12-1-6

.-

-___/

Southern

announced! this

50c

South P.orto, Rico Su^q.^ .common (quar.)//
&&
/
8% preferred;
(quar.)>-T__--__-^-ii.--____'r '

■>

12-4

12-13

12-10

25C

—

H

12-16

12-10

9 7 ViC

—

common

Rqlling Mill (increased)—
American Seating
American Service Cq., common (annual)
Class :A (annual)
$3, preferred (annual)
——
American States Insurance (Indianapolis) —
Quarterly.
___'
American Steely Foundtles

12-20

45c

Addressograph-Multigra'ph

I-.2

11-15

2.

200

7%,-preferred ;-(quaE.)^__-/-/_;-^r/^4w.»»;

:

11-23

1- 2

12- t

12-

1-2-47

50ft.

.

common

American

5

1- 2

Meter

Cqmmon

12-20

we. give the dividends announced in

11-23

12-

12-- 2

12-15/

American Radiator & Standard Sanitary—

>

2

15p

Acadia-Atlantic Sugar Refineries, Ltd.—
Class A preferential participating (quar.)

11-30*

12-16

(quar.)v—$1-50

preferred
(accum.)
American Public^ Service,- 7%

5

1-

$1.25

Corp

11-30

91»/4c

—_—

12-

56 Vic

12-14

common

—

12-20

$.1

—

12-14

_________

r"-EXtra1

Products

1

'

11-14
12r. a

31V4C

$6

11-30

50c

—

12Vic

(quqf.)__"_

12-14

40c

12-14

•

.

12-

50c

/

II-30

12-16

12n 2

15C

(quar.)

News;; 7%, preferred, tquar.)
American Power & Light, $5 pfd. (accum.)-

12/10

12-20

75c

~
12%c

Sloapp-Blabqn, §'/c preferred A (s-a)
Smith'(Alsop i Paint-& Varnish Co;—1%
ppeferreq (quarj
Snap-On Tools Corp.-_i

12-20,

25c,

12 %c

—

Soutfi ?enn .Oil, Co.

\

12-

41V40

Simipons Company (yepr-end)—:—
SimpHcity Pattern Co. (quar.)

12-20

75q

25c

II-30

50c

11-29

12? I;

1-2^47

750

American

»

6

62-Vic
: 50c

(quar.)—'

50c

25c

11-30

12-

2i

lQOi

(s-a)

&, Foundry,

preferred
(quar.)
Metal Co., Ltd.,

preferred,

American

11/36

65c

;

6%

12-5

$3.50

12-14

12-27

$0.296875

Shenqngo Valley Wqter, 6% i>fd.
Shurqn Optical- Co. (quar.)-^—
EXtrq 1
!
i___
Simrpons-Boardman Publishing—/M-iV $3 preferred (quar.),—,—i.

12-14

12-20

Per

6

1

Shoe Company-"//
Seven-Hp Bottling (Los Angeles) (irreg.)___
Shawlmgan "Water <S Power Go. (increased^ r
Shell
^ijlon' Oil^ Corp/______A—___—__//_

11-30

5C

—

1

10c

Selby

11-27

15C

common——_;

25c

(quar.>—

2

12-14

12-

10c

(s-a)

(year-end)

40c

—_—

6

12-10

$1.06%

(quar.)

Co,

12-14

12-

Seeman

,

j

Name of

12- 2

12-27

(quar.)

(quar.)—

12-

12-31

25c

50c

Brothers, Inc,' (quar.)
Eeiberling Rubber Co., common
4%W. prior preferred (quar.)-_;

12-14

Machine

American

2-

$1

____

37 Vic

12-11

$$1.75

•

3.9%

12/6
12-

15c
—

preferred ;(quar.)/—______
Works, Ltd.-r$# redeemable preferred (Initial s-a)—Acme Steel Co. (year-end)
Adam Hat Stores (quar.)

25c

-

12- 6

12-23

.

5

tlOc

—i

$3.65.

guaranteed

—

.

American

12-16

-

$1

U

5

12-14

$1.50

preferred

(111.),
(quar.)
Laundry Machinery

American

9

preceding, ta^le.

12-20

12-16

12- 6

50c

—_

12-20

l-.l

11-15
11-15

1- 3

750,

preferred

12/

25c

Coal

5%

12-13

1-

1

12- 1

750t

Cq.—

(quar.)

American Investment Co.

12-10
4

12-23

50c

5

75c

(quar.)

/Scoyiil Manufacturing Co.,

1- 2

,

$elow

12- 5

t50c

(accum.)

(quar.)

Extra

12-26

(accum.)

Corp;
(quar.)___
(quar.)

River RR.,

Zonite

12- 5

12-20

J62Vic

Sanger Brothers, 5Vi%'preferred (quar.)___
Savage Arms Cotp. (year-end)
Schlage. Lock

$2

12V2c

Convertible,

12-10*

Kamp's Holland Dutch Bakers (quar.)

dends

12-20

11-15

25C

6%. non-cunv. preferredi—

weeks and not yeti paiC /T

12-14

4

11-29

~

12-10

35c

11-25

$1

Rocky Mountain & Pacific Co.—
Year-end '
H
i—
St. Regis Paper Co., $2.50 prior
pfd. (quar.,)
San- Jose Water Works,- common
(quar,)—__
preferred A

12.-20
12-20

——

Extra

5

12-

12-

*

rarily enjoined, due to court order

10c

—

______^

12-

St. Louis

4%/^

Co.._

11-30

Papers
class A

12/ 6

6

7.Vic

preferred

wt

1

Gi'/aq

—

American Ice Co., common (resumed)
Payment of common dividend
tempo-..

7

25c.

12-10

(interim)

com.

75q

preferred

prior

12-.14.

(,quar.)_

com.

12-

12-27
12-

i

Leather—

12-10

12-12.

——>

Mfg., Ltd.,.

11-29

12-18

Steamship

11-20
11-20

2.

50c

American Hqmq ProductsNew common (initial miontl)ly>->—

12-'3

12-14

&

12-20

2c

.

L.)

12-17

50c

Hawaiian

convertible

6c

25c

i

(

75c
20c

.'

$1.50

'

11-29

12-10

$3

——

12-19.

20c

(year-end)

I-9

12-13

$£

6%

1-

American Insulator Corp of Del.—.

Woo'lf Brothers, 4V2& preferred (quar.)
Yalq & Towne Mfg. Co./

>

11-30

50c

(quar.)———

12-14

American

American Hide

12-10

Extra

11-30

10c

Paper

St.

t

9

93%c

(quae.)
Russell Manufacturing Co;
(quar.)
Special
Safeway Steel Products (quar.)

"

1

——

12-23

11-29

/

12-10

$3 convertible :prior preferred (quar.)____
Whitip Machine Works, (quar.)
Wieboldt. Stoires, Inc., common (quar.)
Wilkes-Sarre Lace Manufacturing (year-end)
Winter & Hirsch, 7% preferred
(quar.)____
Wisconsin Investment Co.
(year-end)
Wisconsin Ppwer & Light, V/zfo pfd". (quar.)
Wiser Oil Co. (quar/)

12-12
2-

1-10

12-20

Wheeling Steel Corp.',

12- 7

1-10
2-28

American

12-13

12-16

750

$3 convertible, preferred (quar.)
Hardware
(quar.)

1*2- 8:
II-15

2

12-20

12-16

50Q '

convertible

12^31

3

50c.

.,*

■

$1.18%.

12-20

Extra

7'

37 Vic

:

:

5

12-16

9

12-31''
12-

1-

35c.

(quar,)-

common

Corp,, new com. (initial)preferred (quar.).
$2.50. convertible preferred (quar.)
$2

$4

Westmoreland, Inc. (quar.)_____/__

12-20
12r

$1.50

preferred
(quar.)
Bobbins-& Myers, $1.50 partiq. pfd.
Ruberoid Company (year-ehd)
Ruud Manufacturings Co.- (quar.)

/

12-

1- 2

12-16

12- 2

3-31

11-30

250

(quar.)

18c

Westmoreland

9

$1-50

-

$3.50

t

12.-18

Electric,

4-15
12-14.

—

19c

Ware

9

12-

25c

(irregular)

(s-a)—;

Metal

Robertson
v

12-23

$.l-.7,5

.

Rivqr. Raisin
J Extra

12- 9.

&f

1-15

$1.12%
$1.12 Va.

(quar.)—

(quar.)

B__

Wesson Qil & Snowdrift

12-23

Growers

A__

Extra

J

'

.

25c-

fund

Waldorf System

12-20
12-

Gas

15c

——

Wagner ' Electric

12- 6

12-23

Hoe, 4Vi "0 pfd.
(quar.)——

v.;/ Extra
;
4%.%, preferred

12-1

12-

&

Fruit

American

12-10

12- 2

12-15

3C

(quar.)

Extra
,
:
Van/Norman Co.: (year-en<J)
/__/
Equipment Co. (year-end )/*/___/-'_/Vikipg Pump Cq
___,

6

1- 2

$1.75

Republic Realty Mortgage (annual)
Extra;
Richardson Company (year-end.)__—~±
Riegel Textile Cdrp,, com. (increased quar.)
$4( preferred- A (quar..)

k-

12-

12-24

i

40c

(quar.)

•

Remington Arms,
6%

12-24.

;< American

12-10

2

Forx

4V2 Vo
preferred
CQmmon

•

1-

$1.50

Victor

12-. 7

9

1- 2

12-27

.

12- 2

1-

—

—

fund

Van ' de
'

4

1- 1

6

American General

■"

Piptures, \lU%, preferred (quar.)
0)1 Refining Co. (quar.)—_—
Extra.
/_:

12- 4

5c

(quar.)

Reading Co.,T 2nd
/

12-

)

11-26

>2

28%c

Universal

12-17

12-16

50c

—

nm

Utah

12-17;

12-16

$.$2

Extra

Extra

•

—

Co.—u

12-6

■

S. Truck Lines, Inc
United Steel & Wire Co, (-quar.)___!
Universal Match Corp. (year-end)

12-6

12-24.
12-24

25c

;Co.___

3%,% ^preferred
Rapid Electrotype

12-20

$^.

—

U.

11-21

50C

(quar.)

Purina

12- 6

:_____—v._.—.,

S. Guarantee
Special

1

11-30

12-13

.

40c

Quaker Gats; Co., common
6# preferred (quar. >_
Ralston

U.

.

11-30;

12-10,

2

—

common.,______

Quebec Power Co.

6

12-10

62Vic

(quar.)
preferred' (quar.)

Original

>

12- 9

15S-23
12fl0

62 %c

preferred

Pylej-NfttJona)

12 r

12-

1-

—

commqn stock fund
Uprfeit Metal Cap, '8%' preferredUnited-Rexall Drug, Inc. (initial)

11-30

12,Vic

Cqjmmqn non-voting
7%

12-5
II-30

50c

voting

12-10

1- 2

'

Union

12-. 5.
'

1- 2

$1

s.—_—■
com.

12-31-

12- 6

$X

—

Union bond fund C_<._-—/__
Union preferred stock fund:
!

12t 4

12-31/

25c

____.

(N.

$1.12l/2
933/ic
5%'
t7Vic

30c

Union bond

'

$ Trust

12-18-

12-20
12- 6

Uftion bond

12- 4

12-31

25c.

—

;

13-27
12-27

25c

Proprietary Mines, Ltd.*/
Providence Washington Insurance Co, (quar,)
Special

Publication <?prp.,

%

12-10

t2c

Brothers Ac Co.—-'

Bank

12-10

$2c

(quar.)_

s-a).

American

12-31-

12-10■

1-

2

—

12-13

V

1- 2

50q

(quar.)____/_

_________

National

2

1-

12-14

"____

4V(i> .preference' (initiql

5
5

12-20
1- 2

Tucson Gas Electric

12-13

12-14

(quar.>_/_____/__
Ltd.

Polaroid Co., 5.% 1st preferred (quar.)_
$2^5Q 2nd preferred (quar.)/
PowqreU*& Alexander, Inc. (quar.)
Ex^a- V
____/

Increased

1-

20o

Pittsburgh Metallurgical ,Co.

Public

2

17 %c

__w

Petrplqum Corp of America
(year-end)
Petroleum Exploration Co. (quar.)_/—:
Extra ;
_/_/_/
Philadelphia Bourse '_//

Price

1-

12t, 2

12-

'

12-1-7-

62 Vic

Inc. '/
Tung-Sol Lamp Works, 80c pref. (accum.)_
Light & Power (quar.)_
Union Carbide <5? Carbqp (quar.)—
Union Trusteed Funds, Inc.—

'

11-30

12-14

12-

50c/

v

12-17»

; i- 3.

'35c

50c

Trunz,

11-27
12- 5

12-14

12- 2

3^2

■

50c

Associated Oil," $3.75-pfd. (quar.)
(stock diyidend) __/—

Extra.:

12-18

/

II-29

12-20;

$1

—_i

;

12-28

11-30

500

$1.25
$1.50

common

12-14

25c.

_

Detroit-Axle

Trayqlers Insurance Co.

&. Cigar,

12-26

7-

12-16

:$*.

.

12./7

$1

Parmelee

Pepsi-Cola

>

75C

>

12-14

—

Cigarette

Holders

$1

—

.'

—

When

1

SJ}are... Payable of Rec.

_

(quar.)—

50c

(year-end)

(quar.)

Todd Shipyards- Corp. _L
Tonqpah, Mining
Trans-Cqnada Shares A
Trans-Lux Corp.- (year-end)

12-9"
12-. 9

Co,

: $1

12-

'-mm

.»

■

Irregular

"1-15/

5c

A

Extra
American

■j

4

12-18

50c

com.

Chicle

$1.75

i-15

I-

25c

Tip Top Tailors, Ltd. (quar.)l___/.„^—__—
/Title Insurance & Trust Co. (Los Angeles)—

12-13

75c

Paraffine
Companies;!'common (increased)4%
preferred
(quar.)__
_"_

Timken

1^- 1

12-20,

$.r

4Va%. preferred

-Tide Water

12-16

$2

'

>

11-30,

2'1,

25 c v

Stbck 'dividend' ___/

/.

12-13.

11/30

•4

$$1.25

_____

Ox Fibre Brush
Co., Inc
Z__/_™/_™_
Oxford Paper Co.,
$5, preferred' (accum.)___
Pacific Coast
Aggregates (quar.)/'™-™/Pacific Mills,

2

12-14

3 7'/2 c,

Ontario Loan

>

11- 9

"12-14

183/<ic'

_____

12-10-

25c:

Company (quar.)^
^
Ex.t.rq :
Texas- As Pacific
Railway-(year-end
Textron, Inc., 5% preferred (quar.)—
Thew Shovel; Co., common (year-end)
7%
preferred' (quar.
Thrifty Drug Stores,: common

12-10

..

12-20

Texas

12/ 5.

,

.

)

12-10

(quar.)^--—
—_//—

.

(quar.)_i.___
Taylor-Wharton Iron & Steek___—

11-30,

12- Tv

12-20

4

6%,"prefer red;(quar.)i>_—w_12-31
12-10
American Cities; Power & Light Corp.—
' $2.75 class A (opt, div. series)^ 01 1930.
68 %c
1- I
tV of a share of B or cash
12-10
American Cqlortype Co. (year-end);
11-29
:'i-;'-'5QCN 12-14
American Cyanamid Co., common (quar.)^_
25C
1- 2
12- a
Special
12- a
60C.
12-28
5%. preferred (quar.) -—
1-2
12- a
12% 0;
American District Telegraph (quar.)^
12-14
$1.25
12-1
Amer. Drug & Chemical, preferred (quar,)—
12- 2
$500
11-18
American Export UneB,
1-. 2 k
12- a
Inc.
30Q
American & Foreign Power, $0 pfd. (accum.)
12-11
$1.50
.! 11-15
$7? preferred (accum,)
12-11
11-15
$1.75,
American Forging & Socket Co. (quar.)
12- 2
12 Vic
11-22

$4 preferred (quar.)
L
TaggartjCorporation, $2.50 pfd.

5.

12-23

..

(quar.)_

—

Qq,
,

Sylvania Electric Products,

12-20

12-28

25c
2bc

-

Year-end

12-3

30c

..-25o*'

■

(quar.)._

i__

(stock dividend)

common

Co.

)Superior Steel, new common (initial).—.—
Sweets Co. ofAmerica, new common (Initial)
Extra '
-/_/__-_///
imm,

Gas

12-

10c v

*

"(extra).

Tool

Per

Nfljae of'Company^
American

12-14 '

50a

Machine

Superheater

12-20

12r23

(quaif.")'_^--_V_—.

Oklahoma Natural Gaa Co.

Plxfcra

Holders

Share; Payable Qf Reer

.

Manufacturing Co

Sundstrand

3

$2

Seapiless Tube Co.J
commop. (year-end)
■$VJ$ "prio^ preferehcb

Omnibus- Corp.',
8% j^referreq'

12-

I- 2

preferred
(quar.)™--

Ohio

12-17

,

.

Stewart-Wamen iCorp.

12-10

12rlfi

$1.06%

(year-end)

4%%

preferred

12-20

12.-21

shares comipon-

American'

Northern Indian^ Public Service
Ohau Sugar Co,,, Ltd/
(quar.)
Ohio

12-14

70c

_____________

stock

2

50C

Newport News Shipbuilding &
Dry Dock—
//, Ye^r.-epd.
*—1_________
North, American Co.-/,/ ' '
One

1-

25c

(year-end)-

Jf-apte qftfonipanfy
Stearns

$1.50.

When

pen

Holders

Pqyable■ of Rec.

New

**

:®HK*esira)^ciM

12870

When
Holders
Payable; of Rec,

■>Pcr

v

...wMme of Company
^ V,. D.
4%r%

-

Corporation,
prior

■tedger
Bagiey

Building

:

'

0

•

,

common

preferred

Paper Mills

''

K

Share

(year-end)

(quar.)

9o ':<* 12- 2
$1.12% y 12- 2
$1
12-21

t

—

_

__

_

Corp....

25c
8%c
5c

toauamore porceiain Steel, 7% pfd, (quar.) __
Baltimore Radio Show, common (quar.)—

Banco

American

shares-

>'

»■

Bangor & Aroostook RR., 5% pfd. (quar.)__
Bangor Hydro-Electric, 7% preferred (quar.)
4%;
preferred
(Initial)
Bankers Buna
Mortgage Guaranty Co, of

;

'

•

$lr

1-7-47

20o

y

Bankers
Barber

Trust

Co.

of

Asphalt

Corp.

Barber-Ellis ;Co. of
nIncreased
Barcam

(quar.)....;—_ '
(year-end)_i.____.->
(year-end (

Barlow

Canada, Ltd.—

quarterly

>»

50c

:

(quar.)__
Barnsdall Oil Co, (quar.)

_

12-10

———
«

.

10c

;

.

Wire

Canadian

6%

.

Breweries,

s

12-14

.

common..——-J..*....

•;i7%>

'12- 2
$2- 2

•

Class B

(s-a)
International

Canadian
5%

preferred

Malartic

Canadian

Motor

Class A
Class

Canadian

11-12

A

(J.

■>Extra-~

Boston

$1150

Real

.

convertible

3.6%

preferred

Common
Central

12-

Coos

11-9

12-16

12-

12- 2
1- 2

11-15

75c
85c

12-10
12- 1

11-13
11- 8

90c

12- 1

41-15

75c

12-20

12-10

(accum.)
(quar.)

6%

pfd.

(quar.)

12-

15c
™

156

.

41-30

Chasers,

Inc.

Extra

6%

i» 2

12- 7

12« 2
12- 2
12-31
12-31

$3.50
Sl.50.
'
5c
5c I-

;

12-14

11-20

11-14

1212-

12y2<>

Chestnut

Hill

RR.

1- 2

6

5%

50c

12-20

11-29

Crura

12-20

11-29

50c

12- 4
42- 1

11-15

quar.J-

(reduced

Co.

Corporation, $3 pref. (quar.)
Chicago & Northwestern RR.—

75c

..i...

$3.75

-5^ preferred series A v. t. c. (resumed)..

7%

preference

(quar.)

30c
$2

12-16

12-16

12-2
12-

2

2

11-20

$43.30
$1.75

12-16

41-25

1-2

12-20

75C

12-14

41-16

2-1

-

1-18

1

41-15

12-

12-

35C

common

11-15

$1

12-

$15c

12-

1

11-15

12-

1

11-15

50C

12-31

12-10

$1.50

12- 2

11-12

:

(quar.)

_„i

City Ice & Fuel Co.

(increased

quar.)

City of New Castle Water Co.—6%
preferred (quar.)
City of Paris Dry Goods—
7%
1st preferred (quar.

preferred

Clark

1

$1.75 2-15-47

Equipment

Cleveland

75C

common

Graphite Bronze,

-

-'11-26

.

4%

Bullock

Coast

•

5%

Counties

1st

Gas .&

preferred

•.

12-14

12- I
12-11

11-15

12"u

u-30

50c
10c

.

^

(year-endfll

12* 2
-12- 2

2

'

11-12
11-12

—

12-2
12- 2

i 12-16

12- 2

11-12

Colorado

11-15

Colbradb Fuel & Iron, 5 %

50c

12-20

12-10

Utilities, com. (quar.)—.
> 45c
(quar.)—25c

12-16
12-16

12- 2

California- Ink -Co,

.

California
"

5"4

(increased).——.—

S%%

I

Pacific

preferred

California Water Service Co. (quar.)——.
Camden

■

•

Power, common (quar.).
(quar.) ...—.—.—I,

'

50c

Forge Co., common. (quar.)——.—:
$15c
cohvertible preferred
(quar.)—— : $34%c

Campbell Wyant Sc Cannon Fdy.•(year-end).

(Panada Ceipent Co., Ltd.— •
'""I
XJew ($20 par) pref. (initial quar.)--...4
.




50c

$32%0'

12- 6
1- 2
12-12

>'
42-20

$3 preferred

,

Columbia

12* 2

• /

New

11-20

»;22|

1129

212

$1.50

$1

12-16

1 o in

11-1912-29

Year-end

,

Carbon

(quar.)_____

12- 2

:

11-15

12- 1

11-18

20c

12- 1

11-15

12- l

preferred (quar.) ..
(year-end)l_.___i.__;-:."

Inc.

,

11-13:

12-

2

11- fls

11-29

12-13

12-31

12-17?"

12-20

,$1^75 ;

12-6
12- 6:

12-

60c 1 42-13

P'

12- 2

ll-2»

$1.12%

12-2

11-20*

$1.75

12-20

11-30*

Dayton Power & Light

Co. common
preferred (quar.)
Hotel, Inc. (Chicago).
...
Debenture & Securities Corp. of Canada—
4%-%

45c

Witt

De
•

^$8
$$2.50

-..Common

preference

6%

(s-a):

—

—_—

7% preferred (quar.)—
Packing Corp.-m
f
>. ;
^
4% %
preferred
(quar.)
—
Delaware & Bound Brook RR. (quar.)
Delaware Fund, Inc.
(quar.)
Delaware & Hudson Co. (quar.)
Delta Air Lines (s-a)
Deere

—

Dentist's

Supply

of

Canada

&

Detroit
\ Extra

50c

11-15

50c

12-

1

50c"-'12-1

;

,

(J

l'

11-20

1-19

12-20'

25C

12-

2

11-11.

50c

12-

1

11-14

75c

(irreg.)

U

2 ;

12461

•

20c

12-31

12-1*

.4—............

30C

12-31

12-141*

B

Oil

20c

Co./

Match

12-16

11-30*
ll-30»

12-JO
37 %c "'42- 2

11-141

Stores

Corp.

'50c

—1

commoni'_.j-:.y_^v—-

participating preferred

(s-a)._,

3-

11-15

40c

12-IO

11-22

10c

12-10

11-22

i.

7

12-16

11-29

2

11-2^:

$1

12-

2

M

11-22?

1*

2

12-10*

$1

>

$15C f 12-16

(quar.)

_
t$1-25
common.._w--*---—250
$^.50 Class A (quar.).
62%c
$1

Co.,

11-25
>

1-11V

2-

1

12-

9

11-25»

1-

2

12-1C*

'

6;

12-12

12-

45c

12-

11-2511,

(initial quar.)
Investment Corp., Ltd.—

15c

12-16

preferred
(quar.)
Envelope
& Cartons
(Western)
Ltd., 7% preferred (quar.)_
—Dominion
Malting, common (quar.)
,.'.5%
preferred
(quar.)

$$1.25

12-2

11-15.'.

$87 %C

12-1

11-1©

$25c

2-1-47

12-31

>$$1.25

2-1-47

12-31

(Joseph( Crucible (year-end).-...^
PepperCompany
(increased)

•

Dixon
Dr.

Doernbecher Manufacturing Co.—
New

common

Dominion

5%

$cottlsh Investments, Ltd.—

Dominion

preference

(accum.)

Tar

$1

preferred

Dominion

7%"

common

(quar.)

::

12- 65

—.

Co.,

$25c
Ltd.,

com

(quar,)_

Brothers,

Ltd.

(quar.)

1

11-1©

12-14

u-i©

2-1

>2- 1

,f

1- 2:

1- 3

4-2-

12- %

$$1.25

(quar.)'___
—.

11-

12-14

;

$7%c

$25c
$25c

(quar.)

(quar.)

Textile

preferred.

Donohue

—-

& Chemical,

VTC

12-2

$50c

—

_.4

Extra

Dominion

IV;

(925<it

Ltd,

Stores,

Dominion

!>;•

2

& Anelo

Dominion

>

11-22
11-22

2-

75c

>

Disston,

Cup

11-26

1

12-

12% 6

(year-end)
i

preferred; (quar.)
(Henry) & Sons (quar.).
Distillers Corp.-Seagrams, Ltd., com.
5%
preferred (quar.)

:

75c

(quar.)

4%

11-30

12-16

35C

:>

Diamond

11-29^ll-30»

1244

,

35c

Dewey & Almy Chemical Co., common
Class B
Diamond Alkali Co. ,(quar.)

11-20'

12-14

25c

'

11-29
'

4-2

•

25c

(quar.)

Co,

1- 2

15c

—

.....

__________

11-29

2

1-2

40c t

(quar.)

Devonian

1-

30c

(quar.)

Year-end

11-15

'
12-6

n- 2

12-20

(quar.)......

Bridge

Raynolds Co., Inc., class A

Common

$1 >12- 6

'

•••

O

12-14

$1

■

Extra

12-

25c

(quar.)

Corp.

12-1

12-10

?

12-23

11- 9>

12-15

$1.12%

50C

Tunnel

■

&

Class

1-21

5

44.

Y

N.

Union Stock Yards Co.

Detroit International
Devoe

'

12-23'

1- 2

v

35c ; 42-2

Company,

&

Deerfield

5%

Baking Co., new common (extra).
participating preferred (extra)..

Columbian

12-20

11-19

25c

______—

1

1-1

12-'2

!I;32

.

,■45c

pfd. (quar.)

(quar.);

-

>

•

$7%c

(quar,).^
conv.

Columbia..Broadcastlng System—
'
.
Class A
"(year-end) ...4——_____
Class
B
(year-end)

11-26 I

11-22

Power

1

; ll'lb>
Co., Lt,d., class A tquar.).^"" $37%c ; 12- 1
212- r* fll-15Class B (quar.)
$17%C j
"
12- 6
12-31
Davison Chemical
(quar.)_
25c

Dixie

821.75 12^2
25,
1- 1

_. >.r«u,('imei p

Colorado^ Milling & Elevator,-com (quar.)

12- 2

"l- 2: *

Central

11-13

12-

:

II'"
«:„«

8

-

fSteMvrr—-—-

12- 2

12-1

Mills

i2- 1

$1.25
$2
$5
75c

....

Sons, Inc., 7%

Hammer,

6%

12-I6
12-16

i8719.^1

Inc., common (increased)..

20C

Electric

11-15

2

11-15^

'

*

$13.20

$6 preferred B (quar.) _-__^.i_^__-.____—

15c

Cotton

California

12-

2

Diana

<

"

Calitbmia

12- 5

12-16

12-

Dictaphone Corporation, common

Colonial Stores,

11-22**

30c
$1.05
$1
$$1.50

'

■

ll-26<f

32-16

41-1*

12- 2

S°!"n? A Atoaa;corp>.^.IZ~>~

12-20

1

11-25

Co.—" "

11-24.

75c

#

(quar.)

12-16

i$3.50 ^preferred ' (ouar.)

$1.50

America—

of

preferred

12-16

(quar.)

Colgate-Palmolive-Peet

11-12-'

2

2

11-30

50c

*

'

,

1-

5

11-27

87%c

—

Corp.

11-15/

1

12-12

5c

(increased).
Cp.—

11-29

12-

1-

Year-end

cSshs«tt■ »KroET2r7=«z=r

,

12-16

12-

11-27

12-14

.

,W5

Electric-*

International

12-2;

|

31V4C

Coca-Cola

12-16

28y®c

(quar.)

vio^°ia^0mpany' common (quar,)
75c
rtl Ad(,
$1
Class A (s-'a$1,50

.

•j

guaranteed (quar.)
special guaranteed

933Ac
$1
..

12-

,

..

20c
$1.50

(year-end)

com.

11-12

12-1

$1.25

wMMK'SSS!-'
4%

Fund,. Iric (year-end)i_i_-—> -- $1.20-1 -12- 2 '• iil-15
Banker Hilli--& Sullivan Miningy& ;Concen"
5 •>.- >■ •"
:
■ ^"Hrating
(quar)
***4—;
I2%c > 124 2
11- 6 '
-%$tra
' v' 12- 2
11*:6 >
Building Products, Ltd. (quar.)
$25c
1- 2
12- 2
Bullock's Inc.
(Los Angeles)*—*-;—.-.-.-.—^. :
50c * 12- 2
11-12
Burlington Mills Corp., common (quar.)—-.
25c
12- 2
11- 7
/
%r preferred (quar.)
*—
■' '"i--- '$1
12- 2
11- 7
:-'pVa% preferred (quar.)_—_-____
f 87*/2c:' 12- 2 k li- 7
Vr3%% conv. 2nd preferred (quar.)_—_—*
ISTVssC
12- 2r." 11- 7>
Burroughs Adding Machine—15c
12-lO A 11-4»
Biish1 Manufacturing-—
1
' •" ^
K I;-■ -,
* >
-),'4,/2% convertible preferred (quar.)—! 28,/2C
1^52PI1Q12-13
Bush1 Terminal Buildings, 7% pfd. (accum.).
$1
12-16 fil12- 2
Butler Brothers, common——
• 25c
12-ifl 11 10-31
.AVifo preferred (quar;)—.———
$1.12% •
12^>i^t>10-3'l
Butler Water Company, 7% pfd. (quar.)—
$1.75
12-?1'8 v 12- 2
Butterfly Hosiery Mills Ltd., common (s-a).
'"I t25c
12-15,3; 11-15
1%
preferred (s-a)
$$3.50
l-3l'
12-31

Co.,

2-7-47

M 1'2-47 ■12-20
$1.25

(quar.)

5%
preferred (quar.)
Clearing Machine Corp.—'
New ; common (initial quar.)

•

12- 2:

50c

Denver

aSwJSffolX^r:
6%

12- 2!

12-23

_—

25c

V-

~~~

Ltd.

11-36

12-23

75c

....

A

nutler

$5c

Knitting,

11-15.

12-14

(quar.)

•

Bar

Extra

12- 2

62%c
25c

1

Curtis Publishing Co., prior pfd. (quar.)—
Curtiss-WrighV commoa6°°

Cushman's

42-2

12-16

4%

Circle

12-2©

Forster, 8% preferred (quar.)
Cuban Tobacco Co., 5% pfd.
(accum.i

Cincinnati Inter-Terminal Railroad Co.—

preferred (s-a)_
Cincinnati Milling Machine,
4%
preferred (quar.)

Co.

convertible

11-25

12-14

$1.75

Corporation

11-2©

1-15

Davis Leather

z,

Co. (quar.)
Christiana Securities Co., com. (year-end)
"7% preferred (qusr.)

12-

12-10

&

11-18

12-16

40c

Yellow Cab

Chrysler

11-20

preferred

Crucible Steel

Class

Chicago Rivet & Machine (year-end)
Chicago South Shore & South Bend RR.—
■Quarterly
Chicago Towel Co., common (year-end)"""
Chicago

12-10

(quar.)..
$4 convertible 2nd preferred (quar.)
Crow's Nest Pass Coal Co., Ltd. (s-a)

1160c

Chicago

12-16
11-19«.

12-10

prior

12-20

62%c
20c
$1.31'A

Crown Zellerbach Corp., $4.20 pfd.

75c

(quar.)

I-

—

(quar.)_^i£-**i*—•

6

6%

2

12- 1 y

,-

common

11-20'

2

1-

12-10

(year-end)

Manufacturing

12-

11-163

(quar.)

convertible preferred
Brewing .——

Overall

1* 2:

$$1.25

Co.—

$2 preferred (quar.)
Crown Drug Company,

11-22

12- 2.

1-17

12-16

(quar.)
Corp.

Sexton

&

3

12-

12-16

—

Petroleum

Crown

(quar.)

12-15.

12-23

$1.25

Crompton & Knowles Loom Works—
6% preferred (quar.)___
Crown Cork & Seal Co., common (year-end)

$1,13%-

1- 2

50C

—

Croft

(quar.).....
..i

Chesapeake & Ohio Railway

$1.13

20c

11-30
11-16

42-20*

(quar.).

11-27

11-16

2

50c

12-11

12-10

1-

25C

12-16

;

preferred

$1.25

_

12-10

12-10

12-26

——

1-1-47

(initial)..

Chapman Valve Manufacturing—
7% preferred (s-a) -I,.
Transit,

(year-end)

15c

(year-end)

2

$1

im.

preferred

33A%
Cribben

12-15.

1-

20c

20c
12%c
12%6

...

12-16

—

common

11-15.

2

12 %c

prefencd (quar.)...—_—
Electric, common..

Company,

Extra
Creole

11-25*

12-16

12-

(extra!

common

12-13;

12-20

30C

(quar.)

i—

12-13. "

12-31

30C

1

12-13;

1«*

$1.12%

25c

$1.12%

(quar.)

(reduced)

—,

Charleston

& Varnish

convertible

Crane

11-

40c

$5.25 series A preferred (quar.)
Corrugated Paper Box Co., Ltd.—
5% preferred .(quar.)
Cosden Petroleum Corp.—
5% convertible preferred (accum.)

12-14

11-30

12-

(quar.)

4%%

.

•

1- 2
12- 2

2

Co.

Corp.

Range
Copperweld steel,

11-30

12-16
1- 2
12-14
42-14

27c
$1.03

common

——;

prior pref.

Steel

Copper
5%

12-13i

1-

$50c

(year-end)

11-20

12-

$25c

(quar.)

Bay Lumber Co., common
preferred (s-a)_

5%

12-20

60c >12-16

4

Public

11-20.

40C

Cornell-Dubilier

piu.

11-1&

12-

(quar.)
Continental Gin Co., 4%% pfd. (quar.)—_
Continental Oil* (Del.)
(increased)-—
Cook Paint

6

12-

preferred

12-12

$1.25
$1.12%

pfd. (quar.)»..
4V2% pfd. (quar.)„__

(year-end)

Aircraft

%

1.2
12-20
12- 2

15S

44$4.50 preferred ;(ouar )■;

.

•'7fo,. preferred (quar.)__*__
$1.75
Budd> Company, $5. preferred (quar.) —$1.25

5

Continental

Il.-i

12-14:

25C

;

12-13

5

12-147

1-

25C

common

Casualty

Extra

12-12

15c

12-14.,

1-

(quar.)

Continental Foundry & Machine, common—

1- 2

(quar.)

l-c2

$1

—

Co.,

11- 8;

12-14-. •

12 %c

(quar.)
Corp.
(quar.)

Laundries

Can

1- 2

(quar.)__*

Extra

.

■

r

12-13

$1.12%

_____

_______

■;

25C

60c

10c

Champion Paper & Fibre, new com.

_

Bolt Co.

12- 2

1^2

_________

12-20

12- 2i

90c

(initial s-a)
Consumers Power Co., $4.50 pfd.
(quar.)__
Continental Assurance Co. (quar.)
Continental

12-15
1- 2

12- 2

1- 6

Extra-;'

•

Continental

15c
$1.50

2

12-16

Consolidated Textile Mills, pfd.

12-

12-21

12- 5.

12-23

Power

&

(quar.)____

4% preferred C (quar.).
Consolidated Gas Utilities

12-10

1- 2

5,

11-15-

Inc.—

(quar.)____

common

preferred

%

Light

Electric

Extra

Chesebrough Manufacturing, Cons, (quar.)..,

•

4%

$1,75

Service,
preferred
(quar.)
Ribbon Mills (quar.)

4%%
Cessna

11-12

Brooklyn leiegraph & Messenger Co. (quar.)
$1.25
12- 1
11-20
Brotvn-McLaren Manufacturing Co. (quar.)
2'Ac . 12- 2
11-22
Brotvn Shoe Company, common
30c
12- 2
11-15
$160 preferred - (quar.)—r-v 1-15
Bruce (E. L.) Company, CQmmon„„—
25c ; 12-10
11-20
*■%%% preferred (quar.)>-~-^--^~^4»-U. I 93%C .12-10 >11-30
Bruck Silk Mills,
Ltd.-^:
$300
12-16 . 11-15
Brunswick-Balke-Collender Co.—
-•
*
}
V
'
^t »
:
Common (year-end)..
I.%'■*'> $1
12-16
,12- 2
$5- preferred
(quar.)^.
$1.25 •
1- 2
12-20
Buckeye Pipe Line Co.—
*•., 20c
.12-14
11-15
Buc^rus-Erie Co., common (year-end)*-.—
40c
12-16
11-29

Baltimore,

40c

Chain Store Investment Corp.

_

12- 1

Gas

Certain-teed Products—

.

(quar.)—wi—_——$1.10

Consolidated

12-

' 1. 2

11-

40c

$$1.50

$2

1-

25c

.

Consolidated Press, Ltd., class A

2

1

42-3

(increased

12- 2
11-20
12- 2

4- 2

11- 5.

1

12-

55c

York,

New

12-16
12- 1

12-12

12-

600

$$1

of

Consolidated

(quar.)

preference

pfd.

non-cum.

Edison

$20c
$25c
$37V2c

conv.

Wire,

Vermont

V Extra

.

Buffalo

&

-

$2.50

annual)
Consolidated
Quarterly

Consolidated Paper. Co,

Ohio Light & Power—

Central'; Steel

Ltd.,
•

11-25

25c

12- 2f

5ey4c

(quar.)_____^—_

11-2$

Illinois Securities Corp.—

$1.50

—

-

Telegraph

Co.

12-15

$75c

12-16

$20o
Biscuit

12-15

il-18

;

—

Quarterly

tl5c

1- 2

loo;

(s-a)_x

Consolidated Diversified Standard Securities,

4156

.

Central New York Power, 3.40%

Briggs & Stlatton Corp. (quar.)
25c
12-16
11-29
i'Extra —i
;
—--i
$1.25
12-16
11-29
Bristol-MyeVs Corporation, com. (interim)—
50c
12- 2
11-15
; 3% %
participating preferred-; (quar.)
93%C
1-18
1- 2
British American Bank Note Co., Ltd^-»" '
y
'
f
'
n - f !
y'Quhi^riy S
;12*1$ :>>11-15-'
British Celrinese, Ltd.—.
.
je American
deposit receipts - for ordinary
...li
;
•* ?
^registered (final)'
«i V8% ;2*25-47£ 1-8-47 Brorripton Pulp & Paper Co., Ltd. (quar.)
$25c
-1-15
12-23
Brooke <E; & G.) Iron Co.' (quar.)
' *•„ 1 Oci; 12»1S
11-29
Brooklyn Borough Gas, common
50c
12- 4
11-12

preferred

11-21

12- 2J

$2c

11-284

Consolidated Bakeries of Canada, Ltd.—*.
'.

11-15

12-20

(quar.)—
Corporation
(quar.)

Central

.

;•

>*4.4;%

12- 2

preferred

Central

"Hl-30
12-70le>ll-25

Brewing Corj) of^merlcar (quars)^^-^-^ i»62%c^

•

&

Foundry, 5%
Central Illinois Light,

12- 2 v;: il-20
12-30
12-12'
1-2-47 '11-15
12-20
12- 3
12-1
11-20
12- 2
11-22
12- 2
ilO-ll

-

•

11-1

12- 2

$2c

—

Central

$1.50
Bostdn WovCn Hose & Rubber Co. (special)$1.75
Bower Roller Bearing, new com.
(initial)—
50c
Bowser, Inc., $1.20 preferred
(quar.)
30c
Boyertown. Burial Casket (quar.K--:—35c
Brazilian Traction Light & Powerr Ltd. (s-a) ^>t$T
Breeze
Corporation
(year-end)
£& ^y->' 4Qc" " 12*101

r

$50c

2-28
5-31

I*.$l ■"* 12- 2> 11-20

v.:-,

Estate Trust (year-end)'
Boston ' Wharf Co.: (year-end)
-i-?

,

4- 1
1'
7-

12-16

12-20

—

Management

& .-Power—. >
preferred
(quar.).
preferred (quar.)
Connecticut Power Company (quar.)

Consolidated

$$1.25

(quar.)!

-

-

$75c
1750.."'

(s-a)

12- 25

'250

$2.20

12- 2

I.) Co., common...

Century

2i;;-11-16
"11^16^
s.
12-14. v
Borg-Warner Corp., common-i*-«4.uii-rf-4w» ^ >> 40c
1-2
12-11
'
3%%
preferred (quar.)
«—87%C- I 1-' 2 - 12-11?
Borhe Scrymser
~
$1
-12-14 >11-29
Boston-& Albany RR. Co
.
$2.25
12-31
11-30
Bostdn Elevated Railway (quar,)
;
$1.25
1- 2
12-10
Bustbh Ground Rept Trust Co> (s-a)
?
$1 I 12- 2 %\ 11-20

.

1- 2

T450o' 12- 2
11- 1
Trust— -T

Investment

Central Arizona Light & Power, com.
Central Bag & Burlap

lOc > 12^-2
>?5;75c v*" 1?- 2

—

$75o

^2.

Catalin

i

<■

11-30

(L. E. & Company (quar.)
Carthage Mills, Inc., 6% preferred A (quar.)
6%
preferred B
(quar.)

'

"

1- 2

Ltd.

Investment

11-1&:
12-10

12-16

256

(quar,)...__.._.u..»

$2.40

11-30

$25c

12-15
12-15.

$$3

(s-a)

{Toronto*,

.

Mines,

12-16;

Connecticut Light

.

11-15

4- 2

Mines, Ltd. (s-a)—
Lamp cu,, Lvu.—

Telephone

4.15%

t'Ufllts -of beneficial interest =(s-a)vii—$2rr'12«i-

12- 2
>

$18%c

Carpenter

T/o

2

25 c

2

'

Extra

■

11-25
11-29

1-

$$1.50

Congoleum-Nairn, Inc.

'

,12-2' U-15.

Extra

Case

l-

12- 2

"

11-22.

12-16

12 %c

—

Publications___...^__^..._..^

Connecticut

—•:

Tire

Carolina

-

(optional)

i*y-5Extra •
Booth (P, E.)-Co.j. $3 preferred (accum.)

'

Cos., Ltd. (extra)
Corporation, Ltd. (quar.)—
Products, class A (quar.)_.__
Canadian Western Natural Gas Light Heat
& Power Ltd., 6%
preferred (quar.)
Canadian Wirebound Boxes, Ltd.—
>
$1.50 class A (accum.)
Capital City Products I (quar.)

share of common stock

Bond^ Investment Trust of America—

;

Coniaurum

$25c

Silk

r

*75c cash "or

11-30

12-2

$30c

(increased quar.)

12-16

600

-

2

1-

11-24

1

...—

Quarterly "4....—

1-2

(quar.)

Oil

Canadian

>'^12- 2 ' 11-12
Slhfhenthal (Sidney) & Co; (quar.).._^.«.»
* 20c ^;12* 2 ; 11-15
Bohn1 Aluminum & Brass^Corp^44v—''50c |:VI l*-"2;.;*' 12-13
Bonfi Ami Co.,-class A (extra)
$1.50 * • 12-16
12-- 2 !
;Class■■ B -(extra)4_.>i4—•• ■'
750 ' 12-16 '12- 2\
»

Ltd.

^'

!

11-30

(quar.)—>

(quar.)

8%
participating preferred
Oomederation Lire Association-

■

11-15
11-15

41—4:—^

(quar.)

Canadian

12-14

$45c

(quar.)

common

(quar.)——

B

12-20

Nast

Conde

11-22;

1

12-

30o

■

;::-;$i

Confederation Amusements—>

12-15

'

-i.*

Compo Snoe Machinery
■

11-1&

12-4

;

,

12- l

Gold

ct

l-lo

$1.25' 12-2

,'

•

preferred '(quar.)
Community Public Service

12-20

1- 2
12- 1

$$2
$l5c
■ $150''''

(quar.)

;

,4%

'11-15

1-25

^v2do4-:i243''':'i2-l2|,'

12-

Common

(Phila.)—

,1,, Extra

t$i
$37V2c

(quar.)"

(accum.)

Canadian

—

$3 convertible preferred (quar.)

,

.

—..

Industrial Alcohol Co., Ltd.--.
Class A (s-a)

preferred (quar.)
1-2
12-6
BigelOw-Sanford Carpet, commoni—.......
12- 2 : 11-15 >
*6%> preferred.(quar.)'
$1.50
12- 2
11-15 ;
Bird & Son, Inc., 5% preferred (quar.) .
$1.25
'12- 1 ' 11-20
Birmingham 'Gas- Co.—
■>,.
'.>•
;
•
$3.50 prior preferred (quan)^*-i_-^»i*; II 87MjC >42---2 '* 11-15 <
Birmingham Water Works, 6% pfd. (quar.)
$1.50
12-16
12- 2
Black-Clawson Company," common (quar.)_
20c
12- 1
11-15
5 6 %'
preferred i (quar.) I—.i——.$1.50
12-1
11-15;
Black Hills Power & Light, com. (quar.)—
30c
12- 1
11-20
j'$4.20 preferred (quar.)$1.05 » 12.4 I I' 11-201
BlaCkhawk Brewing Co.I (quar.)—.
10c > 12-16
12- 2
Blkw-Knox Co.
4
;
:
15C " 12-16
11-18 5
i YWr-end
——i %
> 300-'12-16
$1-18
Blis^ (E. W.) Company—
•
.v• ^r-y <*-:■+ yy
$2.25 convertible preferred (quar.)
56(40
12-15
11-29
Blbtdx Brothers Tobacco, 6% pfd. (quar.).v.
$1.50
12-24
-12-16
BiuC Ridge Corp.— i.-..
^
.

(quar.).

Canadian

11-20
11-20

'12- 2

50c
$1.25
$1.50
$1.75
50c

v

com.__

-(quar.li--...——

Steel Corp,

$15o

,i ■

Payable of Rec*

Share

,

$5 preferred (quar.)
Commonwealth Title Co,

12- 2
11-15

12-16

of Company

Commercial Shearing & Stamping^...^..^*
Commonwealth Telephone Co.— / ; I ^I;"-4:'

:12- 2

$50c '12-16

••■■ ■

SJfJri?
Quarterly

^

.

Spinning Associates,

85 conv, pfd,

$$1.50 '
$50c

.

(increased)
$1 convertible class A (quar.)
Canadian Foreign Investment Corp., Ltd.4Quarterly
—-

.

,

Bethlehem

12-16
12-rt

Common

,

v

Ltd.

Fairbanks-Morse,

,

Piiie

l- 1

$37%C

(quar.)..

Cable, Ltd., class A

»4«FwkW-

11-15
11-15

'

Berkshire

&

l- l

,

—$$1.75

Cottons, Ltd.,
preferred (quar.)

Canadian

■

■

11- 9
12-11*
12-11*

$1,06%

-

Canada

11-30

12- 1
12- 7

50c

Refractories

Extra

■

11-30
1- 3
12-18
Sainufst Pok«i & P&per, Ltd,, CI. A (quar.)
- $256 j
12- 2
11- 4
BayUk Cigars, Inc., new com. (initial quar.)
25c
12-14- 11-29
•: i, Ektra,
<■:"
y' ••
>:-'>'50c> <12-14 r 11-29
BeaunitlMills, Inc, :y(quar.)w-.-..-.--.i^i.. 35c
12- 2
11-15
:-4, Extra I
50c ,12- 2 ( 11-15 >
Beecn Creek RR. Co. (quar.50c ;
1- 2
,12- 6
Beech-Nut Packing
Co.
(quar.)
$1
1- 2;
12- 5
Beck (A. S.) Shoe Corp., 4%% pfd. (quar.),
$1.18%
12- 2
11-15
Beiden Manufacturing Co.
(quar.)i—/
30o.
12- 2 ' 11-18
Belgium; GlCve: & Hosiery Co, uof Canada,
Ltd,| common ; (irreg.)
r $15c
1- 2 * 12-16
6%
preferred (quar.)fc»-«»ww-«-^—-—■
^$250 ! 1* 2
? 12-16
Belknap Hardware & Manufacturing Co
25c
12- 1
11-18
Bell & Howell Co., common (quar,)______4
12%c " 12- 1
11-15
4% %
preferred (quar.)
r $1.06 V*"
12- 1 f 11-15
Benflix Home' Appliance (resumed)*,]..—..._ '
50c
12-18
11-29
Beneficial Corp., $6 preferred
$3
1-31
1-15 •
JBerens River Mines,. Ltd;, (interim)—
-_«>
$5c
12-28
11-29
Berghoff Brewing Corp.__.__—'
; 25c
12-16
12- 5>>
Basic

Bath Iron Works Corp,..-i_—_

common

Canada Permanent Mortgage Corp.
Canada Vinegars, Ltd. (quar.)

.

12-31
12-17
12- 1 > 11-15

10c
20c
30c '
25c

12- 2

12- 2

150

••

L-.rX.

7%. preferred fquar.)

_

.12-27*

12-15

$25c

12-20

Name

».

•

$20o

^

.........

Canada Northern .Power,

;

...

A

"

Canadian

Manmactunng Co.
(extra)—.—_
& Seelig Manufacturing Co., com—

class

;i$L20

Extra

1- 212- 6
12-20 .12- 2
12- 2 ; 11-18

45c
$1

N. ,Y.

(W, H.I Company

Barber

(year-end)...
Canada Maltfng Co., Ltd, (quar.)

'

"■

B

Class

v

11-27
12- 6
12-10

12-10
1- 1
1- 2
1-2."

^

*

Holder*

>PetWhen

Payable of Rec..

110c

,

Ltd,—

Quarterly
Canada;Dry Ginger Ale, common (quar.).—
$4,25 preferred
(quar.)—:
^
Canada Foundries & Forgings, Ltd.—
; Class
A (quar.)
\

>>

48c
$1.25
$1.75

(year-end).u——.—...V

(quar.)

Canada & Dominion Sugar CO.,

•

Lew.Andes^—

ae

Stone

Share

,■

Holderi

When

Per

•.

;

'

11-1511-15

12-1
preferred v(quar.).^-----»»-^.r^-it>v-v\'v150;:'-12<<1"

>'€%
•

12-20
1-2-47

Crushed

Canada

'11-25
11-25
-12-10
12-10
12-10

v r' ■

'

/

Name of Company ^

1

1946

Monday, December 2,

.

1-

2

12-5'

$$1.75
$25c

1-15

12-1©

12- 2

11-15

,

^Volume 164) vNw^ibeff45;47
0"'
"'
i
',
"

!

(

/»'
of Company

i flame

i

THE COMMERCIAL &

*!">* "

;>»

Per

.

Share

v

,

When

v'

Holders

1-15
12-

3%% preferred (quar,)933/»c
(year-end)
75c/
Dumont Electric Co.
(quar.)
15o
Dun & Bradstreet, 4%%
preferred (quar.)_
$1.12%
.-Common (quar.)
i..;....
50c
Dunlop Tire St Rubber Goods Co., Ltd.—
5%
1st preference (s-a)—$62 %c
V

—

$4.50

preferred

(quar.)

East St.
6 %

>

Louis

2" fry

Eaton

General

2

11-12

General

Industries,

12-16

11-21

General

Mills,

General

►;

Motors

;

12-14

General

12- 9

General Phoenix

2

12-16

12-

25c

1-1-47

25c

4-1-47
1-10

1-2

12-19

1- 2

12-

5

1-2

12-

5

50c
$2.50

;

12-20

(year-end)

30c

12-24
12-24
12-15

* $6
37%c

12-14

El Dorado

Oil

Works

El Paso Natural Gas Co.,
Boat Co.
Electric Power

&

Light,

Coach

Co.

^

11-30

12-17

11-30

Globe

12-27

12-10

Goebel

12-10

11-26

2

12-10

1- 1

:

12-

2

11-12

15c

12-23

12-

7

1-2

12-

12-16

12-

$1
28c
$1.25

12- 2

12-

12-

$1

,'.'V
$5

(quar.)

1

Eversharp,

Inc.;

Extra

(quar.)

common

Class

preferred
(quar.)
Excelsior Insurance Co.

^Semi-annually
Exchange Buffet

—

(The)
Co.

11-29

Extra

Y.)

Bake

Federal

Compress

Extra

preferred

Mountain

12-31

1-15

12-31
12-16

Green

10-22

Greenfield Tap St Die..
Griesedieck-Western Brewery,

Screw

12-12

12-

2

$%%

2

11-15

5V2%

12-12

11-30

11- 9

12-

2

Water

&

12-21

12-

12-

7

12-16.;

Gulf

7

12-21

11-30

1

11-30
11-16

75c

12-20

11-25

75c

12-10

11-29

(guar.)12%o

12-16

12-

30c

12-15

11-29

(John J.) & Company (year-end)
Feltman & Curme Shoe Stores, com. (quar.)
5% preferred (quar.)

12-

$1.50

6

Hale

5

12-31

12-

62Vic

12-3ll

12-

$1

12-10

12-

5

—...$2
Corp...*.—25c

12-10

12- 5

&

Stream

Publishing

--Extra

Hammond
Hancock

12-

2

12-

5

12-16

12-

5

12-16

12-

6

(s-a).—$1
$1

7%

preferred

12-

11-18*

12-

11-18*

12-

12-

11-20

6% participating class A (year-end)
57o non-participating class B (year-end)..
Fllntkote Company, $4 preferred (quar.).—

20c
20c

(quar.)

Corp.

Ford

11-20
12-10

25c

12-20

12-5

10c

12-14

11-30

5%
62%c

$2.50

preferred (quar.).———
Hotels Company (s-a)—.——

12-30

11-30

12-14

11-30

Extra

■

Fox De Luxe Brewing
Extra

Simcn,

Freeport

Sulphur

Frontier

■ -;

50c-

1- 2

12-14

1-2

.

tax

Industries

pfd.

'
of

(quar.)—

12-14

1-

12-14

(initi-l)—...

12-

12- 2

11-15

54%c

12-20

: 11-29

——

V

;12%c

12-16

11-29

12-

11-15

2

11-30

11-

12-

2

11-11

12-28

12-18

12-14

11-22

12-14

11-22

8

1

11-15

12-10

11-20

1- 2

12-14

1- 2

12-14

11-15

12-30

11-15

12-11

31-30

(quar.)

25c

12-

11-12

(quar.)

-150

1-

2

12-21

1-

2

12-21

$1.25

1-2

12-21

12-20

11-21

Kayser

(Julius)

Kellogg

1-

2

12-16

12- 2
12-

2

11-20
r

(Charles

12^14

2

1-

2

12rl9
12-1»;

11-29

12-36

2

10-15

II-30

1-

25o
50o

;

1-

2

11-15

12-20
12-20

12-10

$3.50

12-20

;12-10

25c

12-16

25o

12-

2

12-

2

32c

12-

2

12-27

2

12-27

1-15

12-27

12-2

11-15

10c-

1-20

12-20

25c
———...

.

■

Stock

11-20

1212-

25c
v

11^15

2

vll-15

12-17

12-

12-

1

11-13

12-

1

11-13

2*

12- ,2

11-15

12-31

12414

12-31

12-14

12-12

12* 2

1—15

12-16

1-15

1^-j.ti
:

12-19
1xt29

,

12-1.6^ 11-29

r'

:

i

k \
• <>.

7

it.

12-10

o

11-30

12-10

11-20

12-31'

12-13

12-

1

11-15

12-20

12-9

12-12

1L-29

1V-X0
'

11-30

1- 6

12-

2

12-

1-

4

12-14

11-30

12-14

11-30

12-10

60c

11-15

5c

11-27

12-10

5c

2-15
1-

$1.37%
$1.50

11-27
■

DUi'ft
2r 9

1

12-

4

I- 1

12- 4

1-

30c

12-14

1

$1.75

1-

1

12^14

$3

12-

2

llr23'

12-

2

$3

—

$4

11-23

.

32-2

12 %c

12-14

11-23

[

X'vl--r2V;;:

$1.12 %

11-30

12-14

30c

12-21

11-30

25c

12-16

12-. 2

12-

6

11-23

1-3

12-14

25c
:

25c,

12-

1

1-

1

12-16

12-21

J1-29

12-21

11-29

11-20

Gold

Ltd.

Mines,

12-10

1-

12-

-

19-14

Z

Extra

Kress

(S.

2

12-12

2

13-12

12-16
2

13-1 *

12-16

11-25

25o

12-26

12-10

12-23

12-

2

12-23

12-

2

12-23

12-14

1-

40c

300%

,

i

(quar.)

& Company...

12-14

12-14
12-12

—•

11-30

11-30,
11-30
!;

11-19

12-12

.'

---4—-

■

12- 3 4 11-18

1%0

40c

(quar.)..

—

H.)

11-29

11-

5c
;

11-30

•

25c

—

'

(s"_S.rCompany

11-25

11-30

10c

Co., common—
(subject to stockholders'

Inc.

11-25
.

12-10

(quar.)

Extra

Kresge

2

12-14

20c

•"

approval)
Koppitz-Melchers,

12-14
11-20

12-2

:

Creamery

11-28

2

12- 1

Oil

dividend

11-30

12-28

±*e

(interim)—

11-30

12-10

50c

——

dividend

Knudsen

11-20

2

30c

!

12-

.

25c

Company...——....

—

Stock

U 1-21

1-15

25c
50c

quar.)

(s-a)—

Products Corp. (s-a)
Kinney (G. R.) Co., Inc., common
Klein (D. Emil) Co. (quar.)_:—

12-17

1-31

12r 9
>12- 2
.

$3

.

Kingston

12-17

12-27

&

King-Seeley Corp., common
5%
convertible preferred

11-23

50c
15c

2

2

$1

—

11-30

.

1-

Industries, common..
2%c
$1.20 convertible preferred (quar.).......
30c
Keyes Fibre Co., 6% prior pfd. (quar.)—
$1.50
$6 preferred
(accum.)——
—.—
$1.50
Keystone Steel & Wire Co. (increased quar.)
50c
'Extra
\ • ■ 2fo
Kilburn'.Mill i..———J4
Kimberly-Clark Corp., common (quar.)
25c
^ 4%%
preferred (quar.).
...
$1-12%

11-14

12-10

$1

5

12-9

12-31

■

11-14

87%o

(quar.)—

[■ Hoffman ■Radio' Corp.-.—.-—-.....—.—■

Extra

11-30

12-10

11-

2

""

Kerr-McGee

12-10

1-

$75c
v

;

Kerr-Addison

2

11-22

2

12-

75c

....

preferred B

non-cum.

12-

11-29

1-

——

12-13*
'

50o
$1

A

:

Company, common (quar.)...—.—.
25c
4V2%
preferred, (quar.)..
$1.12%
Kennecott Copper Corp.—...—,.—25c
-Special.
—..—j.——' 75c
Kern County Land Co. (quar.).—50c

6-10

12-16

50c

:

12-

;V.

Extra '■

12-13*

12-16

12-l^V

12-20

Kendall

12-10

12-27

1-15

40c

W.

6%

12-21

12-10

•'

?

65c

——

I-15

.......

Coihpany.■ (quar.)

1-

11-21*

12-10

gftc

•

,

-

12- 5

J,:V".;:15c

E)

U>

30c'

-

2-1

Extra
es

12-14x

1-15

30c

Battery (quar.)—
v Quarterly
Kansas City Power & Light, com, (quar.)..
$6 preferred B (quar.)— „i—.—.—
Kansas City Public Service,
common
5% preferred (s-a) ——
——.
Kansas Oklahoma & Gull Ry Co.-—
,:; 6 % preferred A (s-a) _.—

2

12-15

75c

(quar.)

Extra

K.

1- 6
12-

$1

;

(initial

12-18:

12-10

Company-

1-20
12-16

(year-end

(quar.)——.
Lumber (quar.)

1- 2 ;

1-15

25c

6 % non-cum. preferred C
—
Katz Drug Co., common—.^.———.......
$4.50 preferred
(quar.).——...
Kawneer Company
..i........

2

15c

(s-a)^

common

12-18

;

preferred

12-30

Monthly
v.,"- Monthly..

11-15

$1.50

preferred (quar.)
Service, common (quar.)^.»,^_.

3%
3%
$1

(year-end)
5% preferred B (quar.)—.———.———.

Hotels,

2 %c

lt-o 4

2

;i-2'

-

40c

11-15

Hewitt-Robblns,

(Edward)

ioo

V

12?, 2'

2

12-

70c.

(quar.).—.—933Ac
Iron Fireman Manufacturing Co.—
(J!
Common,
:n."
,
Jaeger Machine Co. (year-end).^..
$1.37%
Jamaica Water Supply, common (quar.)...
•
50c
$5 preferred (quar.)
•
$1.25
Jantzen Knitting Mills, 5% pfd. A (quar.).
$1.25
Jewel Tea Co. (quar.)—..................
60c
Johnson & Johnson (extra)
10c
Johns-Manville Corp.
(year-end)....
$1.25
Jones & Laughlln Steel, common (quar.)
50c
5%
convertible preferred A
(quar.)
$1.25'
Joslyn Manufacturing & Supply, common..
$1
>%W preferred (quar.)$1.50
Joy Manufacturing (increased quar.)
30c
,

■

preferred

11-21.

12-

$1.50

22V-f

12- i

Extra

Hilton

11-30

12-10

—

12-15

Hines

12-31

12-11

16 %c

.

2

Spencer Bartlett

$$1.25

t

12-13

Hibbard

12-12
11-30-

...

11-30

4%

Trailer, common
...,
.
, 25c
preferred (quar,).
——j:;1
$l




2

56V4O

—

12-10

12-15

Heyden

-it,

8%

12-10

11-15

2;

Textbook

25c

...

11-11

.

12-31

__

11-15

3%% preferred A (quar.)
Heywood-Wakefield Co., common

62 %o

—

2

2

12-31

12-14

1- 2

(increased)

11-15

Corp

12-14

k

Corp.

1

............

12-14

2

11-2

convertible
Public

.$3.75

■

2

50c

1-

14%c

1-

2%c

—

1-

12-

(quar.)—

1-2

12-

20c

$1.25

$40c

150

Inc. : (quar.)
Chemical Corp;, common

11-20

(irreg.)

6%

75c

preferred

2

$25c

1

—.

25c

(quar.)

11-15

34%c

,1%

12-

Ltd

12-

Co., 5% % preferred
^Hercules Cement Corp., (extra)—.
Hershey Creamery Co., common...
■

v";

Fruehauf

'%

12-14

(quar.)

(Mich.), com.

(quar.).——

Fresnillo; Company—
Mexican

12-14

'11-20

Canada

$1.25

Parts,

11-20

1

62%c

(quar.)

Iowa

$1.50

50c

(Indiana)

(quor.)
4%% conv.

preferred

Franklin

Less

12-14

1-1

1- 2

——

—...

Fox De Luxe Brewing
Extra

I"' 5%

12-27

25c

Products

of

Co.,

Co.

11-14

.....

Motor

1

12-

Interstate Company, common...^...^
...35c
59$ prior preferred (quar.)41.25
Interstate Natural Gas (year-end)
75c
Lntertype ■ Corporation
Investment Foundation, common (interim).
$35c

12-18

2

12-27

Hein-Weruer

28VaC

Co.

12-

Hendry (C. J.)

25c

....—————

12- 2

1-

-27-47

11-30

,

-

"12- 2

12-27

50c

11-15

$1.25

12-27

....

12-10

11-20

12-

$40c
—.............$$1.12%c

International UtlJities Corp.

11420
■11-20

Qlass
(extra)——.
65c
New common
(initial quar.)30c
Hazeltine
Corp,
(year-end)
50c
Heam Department Stores, Inc.—50c
Hecla Mining Co.......—.
"
25c

12-2

1 11-12

12-1

4

$37%c

——

International

11-15

Additional

50c

Bridge Works———.—.
Fort Wayne Corrugated Paper Co;---;
Common (year-end) i.——.i*
4V2% convertible preferred (quar.)_
Fox (Peter) Brewing Co., common (quar.).

12-31

.....

60q

Hazel-Atlas

25o

Pitt

2

12-

12-20

$1

:

1

11-29

4$l

2-14

75c

(quar.)

.$4 prior preferred common
$3 non-cum. preferred-

10-

$10c

11-15 *

2

3- 1

1

(year-end)

(quar.)
Railway Co..
Electric Light Co..

7
2

International Salt .Co.—:
Silver Co.
(increased)

12-

Hastings Manufacturing .......'
Haytlan Corp. of America-..—1.—......
";

12-16

—

Food Fair Stores, common (quar.).——
Stock dividend ———i——

Fort

12-

$1'

-12-

$30c
$50c

11-20

12- i

A

International

12-20

-

2nd preferred

.

12-

T>-

Industries, Ltd,—
(quar.).—.-..........^.^.^

International

4

85o

.Hartford
Hartman Tobacco—

11-15

12-

preferred

5%

11-15

17V2c

(quar.)..

11-16
12-

2

Harrisburg

2

25c
65o

.

Florida Power

12-

25c

....—————-——:——

Stores,

5%

12- 2

1-2

$1.25

;

preferred (quar.).—..—.———
(M. H.) Co., Inc. (increased quar.)

Fishman
Extra'

12-10

$1

(s-a)——
Corp., $2 preferred (initial s-a)
Carpet Co., common (quar.) ——

Fitzsimmons

Corp.

r\F4
3%
$25r

$1.75

4%% preferred (quar.).

1-

(stock dividend payable in A stock)

preferred
Plywood

ll^lS
<>V

■

iquar.)...
Products
(quar.)

11-25

11-15

12-11

1

$20c
$37V2C

11-15

com.

12-

i

10.90.

12-10'

U 2

$1.50

(quar.)

1

12- 1

12- 2

Common

12- 5

12-10

...........

Refractories,
(quar.).
_[

$2

-

com.

12-10

Harbison-Walker

12-10

Ltd.,

12-

5

>

$50c

15c

6

U-25

-

12-20

$1

50c

12-

v

12-14

12-10

V

$1.25

,

...

.............

International Nickel

12-10

(quar.)

12-

11-12

1

:

.

.79$ .preferred (quar.)
International Metal

$1.50

Calif., class A (quar.).....

12-16

6%

.....

International Petroleum

12-14

25c

i.-

>

2

'

11-30

12-18

...

'

I

11-. 9

,.

11-12
12-

I5c;

Machines

11-30

2

$1.25
25c

—.—

Harnischfeger Corporation, common

York

Firth
£ 5%

(quar.)

12-16

Harbor

Business

Year-end

9

25c

(year-end) I.....

(quar.)........

Class A

Powders,

preferred

12-26

343/aC

Class B (stock dividend payable in A stock)
Hanna'(M. A.) Company, com. (year-end)

(Utah)—•

Class B common

$1
343/aC

9

12-

$1.50

—

Co.

Bronze

participating

12-26

175c

Ltd.

of

;; 12-10

■7i-

,,

....

9

12-20

10c

Extra-

$1.12%

12-

1- 2

75c
$50

Co.,

11-20

$$i

250

Class B

Rubber—

Class A common

Inc.

11-

1

$1.50

Machinery Co...
Publishing Co.—
$3.50 preferred ;(accum.).
International Harvester Co., common
(quar.)

12- 9

12-31

$75c

Extra;

12-21

.

&

12-31

-

30o.

(quar.)

2

Educational

11-20

(accum.)

pfd.

11-19

12-

$1.75

,

11-16
'■;irt V."

12-

>.

50c

Cigar

"6%

11- 8

preferred

Instrument

Oil

12-16

Finance Co. of America, class A (quar.).—
$3
Class $
(quar.)—$3
Firemen's Fund Indemnity (San Fran.) —
;
Quarterly ...—
■
750 '
Firestone Tire

Extra
International

International

11-20

"

—..—30o

4%%
preferred
(quar.)
First Security Corp, of Ogden

$6

Cotton

■

■

Cellucottcn

12-

(irreg.).
(quar.)......

——

Mines,

20o.,

(quar,)—(

International

5

12-16

,

1

Cleaning & Dyeing Co.—.—

—

11-12

1

12-

(year-end)
$15c
Ltd. (quar.).
$22%o
Hamilton Manufacturing CoPreferential
participating
(quar.)
25c
Hamilton Watch Co., common (quar.)
1..
25c
4% convertible preferred (quar.).........
$1
Hammermill Paper Co., common...—...
25o
;
4%%; preferred : (quar.)...$1.06%
4%% preferred (quar.)
(1.12%

1

-Extra
Ferro Enamel

Co.,

Brothers Stores,

Quarterly

11-27

15c

Corporation

Hamilton

2

Fenton United
...

12-

25c

Oil

Power

Hallnor

Felin

International

12- 2

(quar.)
Hackensack Water Co. (increased).........
Hahn Brass Co., Ltd., common (initial)....
$1 participating preference
(s-a)
Hajoca Corporation (increased quar.)

3-15

12-16

$5

Co.,

1

;

12-1

$1.50

Special
Gulf

12-16
4-

Sugar

lOc

,

31 %c

Extra.'

■

11-12

^ 40o

Co., Inc. (year-end)..
Group No. 1 Oil Corp
Group No. 2 Oil Corp

1.1-27

12- 2

Gas

v.

11-15

11-7

$$1.75

Grinnell

11-15

12-20

$$2

—

11-15

TM9

50c

preferred (quar.).
Rayon.Corp. (quar.).

2

12-

preferred (quar.)._.
Co. (quar.)..

•Griggs Cooper &

•.

Silica, -6.%% preferred (accum.).
Ingersoll-Rand Co., (quai)i)— i
Inland Steel Co. (year-end)
Insuranceshares Certificates, Inc. (Md.) (s-a)

12-20

convertible

12- 2

1

$750

—..—...$l5c

12-14

12-31

com

convertible preferred

12-

$1.50

Works

Federal

$6 pfd.

12-

»

Products

12-

*1-2

—

11-19

(accum.)—

12-14
•

$$L75
/ IOC;
"10c

Ry.

Power,

11-16

—

12-16

$$1.75

......

1-15

3

11-1#

1

'

Great Lakes r Power,

1-2

12-

1

12-

$1.06%
'

5%. convertible

12- 9

10c

Co., preferred
Great West Saddlery, 6% 1st pfd. (quar.)
6% 2nd preferred (quar.).

2

(quar.)

Federal

First

:

.«

Industrial Acceptance Corp., Ltd.—
$2 non-cumulative, class A (year-end)

12-26

•

10c

(quar.).

Northern

12-

Federal Mining & Smelting
Federal-Mogul
Corp.
(increased)

■

(N. Y.)

Great

12-

Federal Grain, Ltd. 6%% pfd.
Federal Light & Traction—

1-15
12-31

12-17

12-

50c

Industrial

.

12-31*
11-20

Smelting Co., Ltd.—

Iniernational

Indemnity

11-14

25c

Industrial

11-13

-

11-14

12-23

Warehouse

&

11-15

$2.50
»

2

,20c

12-16
12-16

30c

2

$2.50

(quar.)——

11-15

50c

12-

$2.50
Inc.

12-16

$12%c

12-

25c

...—

Shops,

12-12

$12%c

Ltd., $7 pfd. (quar.)
Great Northern Paper Co.——1

$5c

(quar.)

Quarterly
Federal

12-12

12-12

$1

11-15

1

$20c

—

12-31

40c

I $2 class A preference (accum.)^.^—^..
$2 class B preference accumulated..
1.
Great Lakes Plating (quar.).—..
......

Guantanamo

——..

Field

American

1-15

12-28

37%c

partic.

Steel

12-31*

12-iO

50c

(guar.)'$i5c''

conv.

$1

—;

Great

933/40

.

preferred (quar.).....
(irreg.)
Indianapolis Water Co., common (quar.)...
,[
5% preferred A (quar.)
..........

Great Lakes Paper, Ltd.—

$5c

FanBteel -Metallurgical Corp.
(initial)
Farmers & Traders Life Insurance, Syracuse

$1.50

Indiana

12-31

(year-end)

11-30

25c

,

.,

12-10

11-20

$1

$1

——-

2

2

•4.-1-

90c

-

(quar.)

Extra

$1.25

—

Co.

Common

12-31

-

W.)

1-

12-

$1

(quar.).

25c

—

(year-fend)

1

$1

quar.)

15c

—

$6

'

(quar.)

(H.

(quar.)

Erie

$1.25

50c

—

Morse &

11-15

62%c
37'/2C

11-30

15c

Fajardo Sugar Company——
Ealconbridge Nickel Mines, Ltd. (interim)—
Famous Players Canadian Corp., Ltd.—
Increased squar.

*

Company, common..

(quar.)

B

1-15

.t;

(quar.).

;

'

(quar.)

11-15

1

Y.)
—

Corp.
(quar.)
Gregg (quar.)

Faber Coe &
Fairbanks

N.

12- 2

12-

11-21

12-10

25c

—

(Syracuse

——

11-15
12- 2

12-20

12-14

12-

.

12-12
12-12

11-21

Graflex, Incorporated, common...
5%
preferred (s-a)
Grand Rapids Varnish—.

12-16

10- 8

1- 2

12-16

12-14

30c

■_

.

12-25

75c

;—:.—

A

Class

11-30

40c

common

Illinois Central RR. Co. (Leased Lines)—
4%
guaranteed .(s-a).—
Illinois Municipal Water, 6%
pfd. (quar.)..
Imperial Chemical Industries, Ltd.—
American Deposit receipts
ordinary 6harea
(interim) .
Imperial Oil Co., Ltd. (s-a
Imperial Tobacco of Canada, Ltd. (interim)
Imperial Varnish & Color, Ltd^—
,

1- 2

12-12

12-

30c

...

5%

12-14

25c

$1.25
$1.25

\

12-14

12-12

Gossard

.

—

1«» 2

1-15

5o

12-14

80C

$5 preferred A
Company
(s-a)
Co.,

12-15

5o

1-

75c
$1

12-15

1

$1^50

12-21

1- 2

1

1-

(quar.).^^...—^

12-18

2

1-

,1-2:

*

(quar.)
& Rubber—

Special
preferred

lt-30

12-10

preferred (quar.)
(quar.)
Mortgage (quar.)
Hutchinson Sugar Plantation
(quar,).
Huttlg Sash Ss Door Co.—
S% preferred (quar.)....
' ■
Hygrade Food Products (year-end) '

11-19

$1.25

Golden State Co., common (quar.).—......
4%
preferred
(quar.)
Gordon Mackay & Stores, Ltd.—

11-15

1

13T- 1

.

U-12

2

75c

preferred
&

,12- 2.

.

$12Vic

Motor Car Co.
(quar.)
Hudson Pulp & Paper, 5%
pfd. A (quar.)
Oil & Refining Co. (increased)

11-19.

15o

....

1-2

$25c

Extra

:

$1.50

—

(increased

$1.25

;

(initial)

Humble

7%

'

(B. F.)

'

(quar.)

Corp.,

preferred

■-..■■>St, '

■

Huntington Water, 67o

(quar.)

Ltd.-.

Finance

Hudson Bay Mining &
Increased

Huron

1

>124.8'
l-s* a
c

Extra

12- 5

12-

] tu B

12-20

common

new

preferred

4Vi%

12- 5

12-16

30c
VAc

(quar.

1- 2

$1.25
$1.37 Mi
;$1.50"

12-16

Co.,

12-10
11-22

7

20c

12-31'
11-22

:

50c

Lighting & Power (quar.)
Oil Co. (Texas)
(initial)
;
Howard Stores Corp., common
(increased)..

6

$1.50

Corp.

Brewing Co.

Common

11-20

12-15

1-

37y2C

[
$3,25

$1.75

RR.

Fair

Oil Co.,

preferred
Goodyear Tire

5

50c

ducted

Essex

Harvester

$5

7

50c

33A%

11-19

15o

Extra

11-25

12-16

1

2-

12-14 :

:'$1.06V4

(ouar.)_

Houston

8*

12-12

pfd.

Houston

11-14

2oc

Extra"

:■

11-25

12-2

1

12-10

$1.25

i

Gleaner

1-

11-

5%

12-20

12-

v..
v;

18-20
12-14

Horn & Hardart Co. (N. Y.)—

12-19

12-28

' 50c

A.—'■

12-16

—

11-26

2

1

1-15

50c

$4.25

v.w*f'vfe*;;

.

I?,

25c

.

......

Electrochemical,

5
5

12-

40c

(quar.)

.....

V

Extra'-

Gisholt Machine Co.

25c
$1.75
-75c

.

11-20

1-

Co.

...

Hudson

Goodrich

(quar.)
& Pittsburgh
RR.,
7%
gtd.
(quar.)
Pennsylvania tax of 7,/aC has been de¬

1

12-13

37%c

Goodall-Sanford, Inc.

—

12-

50c

—_

Erie

Erie

15o

:1

12-10

————

Household

/

12-16

,,

11-13

;"

common...

1-2

Empire District Electric Co., common
■r 5%
preferred (quar.)—
Emporium Caowell Co
Engineers Public Service, $5 pfd. (quar.)
$5.50
preferred (quar.)
$6 preferred (quar.).
Englisn Electric Co. of Canada, Ltd.—
$2 non-cum. class A (quar.)
Equity Corporation, $3 conv. pfd. (accum.)

2

84^80-

...-•I- 1

-

12-

.

17 %c

Extra

Statler

'

tquar.).;

'$1.50

Emerson Radio & Phonograph (year-end)
Empire & Bay State Telephone—
|,
<4%
guaranteed (quar.)

preferred (quar.)
(Frank W.>, Ltd.

Hotels

| $6 preferred (quar.)

12-20

$1

Horner

12^ 2

$1.25

—

-

12- 2

12-21

(quar.)

(quar.)_

Electrographic Corp., common (quar.)
7% preferred (quar.)
Electrolux Corporation
(year-end)
Elgin National Watch (quar,)
■*

12-21

75c

Georgia RR. & Banking Co. (quar.)
$1.75
Gillette Safety Razor Co., (quar.)50c

11-30

1-

$1.75

.

12- 2

$1.75

Gold & Stock Telegraph (quar.)
I
Goldblatt Brothers, $2.50 preferred (quar.).

(accum.)
i

11-30

12-12

...

25c

-

12-21

25c

quar.)

class

60c

(quar.)—

common

$7 pfd.

6%

.

-;l'
$$3.50

Hoover Company, new common (initial)
Horder's, Inc.
(year-end)

.

quar.)

.

50c

$6
preferred
(accum.)
Electro Refractories & Alloys Corp.
Extra
i—

Erie

Brewing,

1

-

$1.06%

(quar.)

(year-end)

Electric

12-12

50c

.;

.

preferred

11-30

Georgia Power Co., $5 preferred (quar.).i.«

12- 2

12-12

(increased

Class, B

11-15

.

11-25

12-21

.Corp.—u

(increased

A

Genesee

11-29

25c

participating

Hooker

12-28

l>/ac

payment clears all orrears^.,..^.^^
;.$6 preferred (quar.)—.

11-29

(year-end).-.
Paper, class A__.—
Common (year-end)
*
Edison Brothers Btores, common (quar.)—

50c.

Eddy

Extra

11-15

Shareholdings Corp.—
$6 preferred (optional) cash or 209/1500th
Of a share' Of preferred
Stock.
This,

11-29

-

2

Oil

Extra

112-31

25r

12-

-

Honolulu

2

12-17

5%

(accum.)

11-30

General

12-20

12-13

(quar.)
Advertising,

•Homestake

-25c

C

v

62%c

common

Outdoor

Class

3-20

,.'. 25c
25c

■

preferred

Common

2

Eaton to Howard Stock Fund

4%%

$5

12-14

1-

['

Co., Ltd., 7& pfd.
Mining Co............

12-

....

...

pfd.

(Henryj & Co.—
class A (quar.)

$1

12-2

$1.75

conv.

;

Holt Renfrew &

12-

12-^

■

i,.?

1

75c

...

preferred

Corp.,

1-2
12-21

*

—.

Fund

3%%

11-30

Holders

Payable of Rec.

'v12-17

25c

•■

dividend

12-14

(quar.)

5%

11-30

1-

share

(quar,)........'

12-14

...

preferred

Holt

11-30

l

When
^

25c

Dry Batteries, Inc.
Fireproofing Co.,' common.....^..

7%

12-

(quar.)-

Steel

Balanced

"

"

•

Company

68%c

.

(quar,)..".

1

l-

1-

C

Extra-

•

Stock

11-29

1- 1

:.r

$$1.38

,

;

11-12

2

Co., common——
(quar.)
———»$1.50

& Howard

Extra

.

7% .preferred

.

5

12-

12-16

$1.50

Eastern Steamship Lines, common (quar.)—
$2 convertible preferred (quar.)
Kodak

11-27

$1.50

.nnn-nn-i,.

i

preferred

1-10

11-26

12-

-

6% 1st preferred (quar.)
Eastern Racing Assn., $1 preferred

6%

1-25

12-14
12-10

Name of

Hollander (A.) & Sons, Inc.

,20o

...........

General "Bronze. Corp. (quar.)
'General"Cigar, common...—......

11-25

,

,

(quar.).—1.

Stock^dividend

'12-14

$1.75

"[Eastern Magnesia Talc Co., Inc. (quar.)——
Eastern Massachusetts Street Ry, Co,--!-

Eastman

11-20

$1.50

>

(s-a)
25c
Eastern Gas Si Fuel Associates—
4%% prior preferred (quar.).
$1.12%
6% preferred (accum.)—
——75c

Stainless

12-16

5

"General
"

.

1%
preferred (quar.)
Eastern Air Lines, Inc.

Eastern

12-31
12-

.

Water Co.—

(quar.)

,

preferred

Gaylord Container Corp., common (quar.)
5%% preferred (quar,).—......—....
General American Corpv (quar,)
General
American
Transportation....
General Box
Company (qiiar.).

12-16

11-20

.....

$2.25
$1.12%
15c
30o
'
$1.25'

—

& Interurban

preferred

5%%

11-15

1-2

,

Durez Plastics & Chemical (quar.)
JSagle-Plcher -Company —East :Mahony. BE. -Co. "(s-a)»
•

2871

Holders

12-17

v.

,

-y.

•tiuPont (E, I.) de Nemours & Co.—
'
Common
(year-end) -~ —.
,

106

2

2

12-10 V

•

Manufacturing Corp.
(s-a)
15c
patineau Power Co., common (quar.)
$230
Extra. •
,f
tlOc
/
1 preferred
^(quar;)'^^^-^-.^^^;'?;v;j:$i.25

12- 2

12-

.

Products——

12-

12-12

When

Per

Galvin

11-10

12-16

Co.

•

Steel

2

11-21

12-14

—

Dresser Industrie^,

Dunn

1-

2

V

,

•

...

,:

flame QJ Company j. j
Share Payable of Rec.
•>
1-10
Fruit" of the Loom, Inc., common ,(year-endL
75c
,12-28
$3 non-cum.^ preferjed.ii.^..!........-^...$1.50.
12-10
11-27,

Payable of Rec.

Dow Chemical,
•'
756
:* $4 preferred A (quar.)—,—.—,
>',$L '
Dow Drug Company (quar.)15c
Draper Corporation (year-end)
$1
Driver-Harris

FINANCIAL CHRONICLE

JACl..1

50o

11-19

12-

11- 8

2

-

.

XttECOMME&CtAt^

2872

^

Kroger

.?

Company,

6%

1st

7%

(quar.-)^t^-----^i'iisi

preferred

■

,

preferred (quar.)
Kut KWick Tool Corp..
La Prance Industries. 6% ct»ld. v(accum.)
Lake of the Woods Milling Co., Ltd.—
Common
(increased quar.)

"

>$4-. preferred

11-12
12-23

11-1

Lambert

Company

Extra

^quarr^-ii^^^u^ruuiL-

.

^

1-15

Lamson

50c

&

11-14

;

12- 0

12-20

12-17

I-.2:

12-17
'

12-21

,1-2

(quar.')25c
Works (quar.) j_v__
$1
Lawrence (A. C.) Leather (initial s-a)
'40c
?■*.
Special
75c
Lawyers Title Insurance. '6% pfd. (s-a).—
>,, $3
Le Tourneau (R. G.), Inc., com. (quar.)—_
25c

12-14

11-25

12-13

Lee

(H.

(quar.)--—
——-—
Company (quar.).
& Tire (extra )r-'LLLl-—_—

D.)

Rubber

&'Navigation-'...:.*-

Lehigh Coal
:

,

preferred

$4

Lfehn

Pink

&

■? Leland Electric Co.-, 5% conv,
Leslie Salt Co.
(quar.)

pfd. (quar.)

31 V<c

—
—

Savers

Corp.

Liggett & Myers^ Tobacco, common
B

Extra

.7%

'■

preferred

(quar.)—
Lily Tulip Cup Corp.—

$1.75 ■

(quar.)

Corp., common

Inc.,

11-12

12-

2

11-12

12-

2

.11-12

2

2

capital
Special guaranteed

5

12-12

11-30

12-12

11-80

Mission

(year-end)
Mississippi Power Co., $6
Mission Corporation

11-30

2

11-20

12-

•11-29*

Missouri 'Public

12-1

11-15

Missouri

;12- 1
12-10

11-25

...■Extra
:

Class

Joint

Loft

1-15

CandyCorp.

15c
87Vic

-

—;,

._

Star

Gas

12-21

(quar:) L—s————
Long-Bell Lumber Co. (Md.)/com. A (accum.)
25c
; Long-Bell Lumber 'Co. (Mo. )
(year-ehti)_—
20c
Longhflrn Portland Cement—
5% preferred (quar.)
—————$1.25
Extra
————•—--,■
25o
Co.

Lord

$80
.'15c
25c

12-16
12-16

'7 Lukens

12-

2

1- 2

$1.50

:

$3c

75c

1-2

12-16

12-16

$iOc

12-31

(year-end) —*—
,$1
.Mackinpie "Oil & Drilling
——,10c
Macwhyte ■: Company
(quar:)25o
.'Magma COpper 'r
r—
—
12Vic
'Magndvbx Company
25'c
Magor Car Corporation——---—————
'20c
Mahoii (R. C.) Company———
——
*40o
Majestic Radio & Television Cbrp.^—
v
5Vi % convertible preferred (s-a)
'13%C
Mallory (P. R.) & Co., inc. "(4udr!)
—
,25c

12-12

Trucks

12-30

Tool

.

(interim)

..—

1-

Mangel Stores Corp.
Extra
Extra

f
.

12- 2

International Marine

tions, Ltd.—
American deposit receipts

Refrigeration

&

1- 2

Products

Mutual

"National
'National

.

Maytag

12-9

McCord
.

(resumed)

Common

McCrory Stores Corp.,

62Vic

•National

lr'l

v.;,

Extra

y^V4%

1-L

1-

The

common

nbiincemerit ^previously
declared

a

dividend

stock.

McGraw-Hill

-

Publishing

(initial)—

dividend

-

an--.

on

the -pre*

12-18

1- 2

Extra

4y2%
National
National

?

.

12- 2

12- 2

ll- 1

1-2

11-1




f 50C;
;25c;
,25c
'$1.75
'25c

National

2

12-10

11-25

12-2

41-15

42-16

42- 2

12-14

,41-27

12-12

41-30

11-

12-2

8

12-10

4-15
12-14

11-30

1-15

42.-30

12-20

12-

5

12-14

42-31
42-14

11-30

1-2

12-14

12-10

20o
10b

12-10

41-12*

42-40

11-12*

y$L07

12-4

10-22*

(quar.)

Oats

•

^Panittfouht'"Flctdire8,';ililCi:/4ind^itt8Cll;:>^at.$
•Park

12-10
12-10

11-30

12-10

41-30

$17c
$15c

12-10

11-

2

8

11- 2

preferred (quar.)
Parmour Porcupine Mines

11-20

4- 3

42-12

• ■•.

<'-••••

1- 2

1

1- 2
12-14

•••«•

11-18

12-

7

.11-25

■p Peninsular

2

11-20

'Common

12-14
12-

.

42-14
12-14

85c

12-14

50c

12-

'"("quUL)..—*6t)c

&

11-30*

$2

common

12-14

41rl5
"11-25
12- 7

•> 1- <2

12-14

(qUar.)

(quar.).**.

'$1 preferred

———;——

(quar.

$1?0 -pfd. A
Corporation- (resumed)

Penn Electric "Switch,

Pennsylvania Electric; 4.40%
3.7% preferred C (quar.)

(quar.).

25c

^_-^w

-pfd. B (quar.)^i

1

11-21

$2-18
'12-18

12-10

12-14
1-!2
12-27
.

-12-27
.12-16
'12- (2

11-29
-12-16

13- 9
12- 0
43- 2
41-25

42-10

4-31

'i-21

12-20

12- 2

41.-20

41-20

12- 7
12- 4
42-1
12-16
12-16
42- .1
42- 2

41-T

'11-14
41-14
11.-30
41r30
'11-20
11-18

12- 2
,42- 2
12-14

11-15
11-15

42-9
42- ,1

.11-21

,

12-1

41- J
41-1
;?•

40c ,,-12-20
30c
12-14
$1.75
12-2

Pennsylvania %ugfar Cb.;■*$%■; 'preferted.
Peoples Gas Eight & Coke '(quar.)—:—™,.

12-1

•. ■,

Pennsylvania •. Exchange
National
Bank
(N. Y.)
(s-a)™-™—.-———
Pennsylvania Salt Manufacturing Co
Pennsylvania State Wafer, "4% *pfd."( quar.*).

'i-ij'y;i2-i4-

'

$1-29
50c
4-4.
42.-14
80c :,4-l-47'3-15^47
25c 2-15-47 -2-R-4V
30c
12-16
12- 2

ZLeLu /: <$2.25

'

Pennroad

'

Telephone,

(year-end)-.;.

25c

:v'$0c
y 25c

Corp,__^___*——-—-—;_™

Ford,'Ltd.

;45c
420c

435c
'

Company, new-commoni™—

Cement

Peerless

Penick

1-2

;$1.50

(Peter)

■

1- 2

,

$15c
•

•

Peabody Coal Co., 6% preferred (accuhi.)...
Peck Stow & Wilcox Co.__^u-—.

12- 9

1- 2

10c

,

-Paul

c

$3C

.

Ltd. (interim).

Fxtla ■

Ltd., com. (quar.)
'7% 'preferred 1 quar.-)_i._^-_i..^^-i--.-i.--—-•-

12-16

2

$1:12 Vz

_

(interim)

Pato Consol. Gold Dredging,

?:

Paton Manufa'cturihg Co.,

12-

12-16

1- -2

-12- ?
12- 2

42-4

$4.25

'

.

12-10
11.-25

12- ?

25c

ParkefsbUrg Rig-& Reel, common (quar.)
(

11-30

12-

11-30

mt>15

12-1
12-23
-12-10

-25c

•Parker

'Radiater•= C0L---LLLZ-IIZILL--ZLL'• Z-'k-.T5c '
Co.

-12-1

80c

;•

Chemical Coi (year-end)—15c
-Rust-Pfbof Co.-(year-ehd)___L.i.i.
62%c

11-19
11-19

Company.^__^u.z_^_^ii__

National-Standard

11-20
11-30
l'l-3ti
11-30
'11-30
11-15

12-10

>62 %c
'--c'. $1

L————————

'Extra

;••">,/. • :."r(

42-10

10c
"50o

,

—i.

11-20

12- 2

;1- .2

Panhandle Eastern Pipeline, common^..^.^..
-4% -preferred
"

'46c

;

'1-15

12- $

11-15

s$i.

7
8
8
1

lfl5
12- 1
1T-20

'12-11
12-27
yi2"20

1

$1-18

11.TrTlTL

12-10
12-'?

10c

convertible preferred (quar.)37V2C
Oswego Falls Corporation (year-end)——.
20c
Otis Elevator Co., common (increased quar.)
'80c
6%
preferred "(quar.)
:
$1.50
Otter Tail Power Co. (Minn.), common.._
$1
$3.60
preferred
(initial)90c
Oxford Paper Co., $5 prefererence (accum.)
$1.75
Oxford Radio'Corporation (initial)—J
—
10c
■Paahau -Sugar" Plantation—
15c
Package Machinery Co. (initial)
40c
"Pacific Atheriean Fisheries (year-end>^.-_w
$1
Pacific Indemnity Cbr (Lbs iAtigelds)-a'
Quarterly -L-j.
50c
Extra -*
—•10c
•Pacific Lufaber,DCi^-^^.-^a^^Ji—'
-!%1
Packer Corporation
(year-end) jd-Lj-—-•'
$2
'Pacoldt "Manufacturing Co., 5% pfd. (s-a).
$2.50
'Page Hershey ^Tubes, Ltd. (quar.)
$51 Vic

41-14

12- 2
'12-10
12- 7
12- -2
-2-18

$1.50

1-10

1

12-10
12-16
1:1^14

12-14
yi2J14

^50c

i~y.ii

Extra

10-28
11-30

$1-30
$1-30

—

-

5

50c

*

.

■

12-

Castings—

National Pumps Corp.—
6%
prior preferred (quar,)

11-22

$50Vic
$$1.00 Vi

—

12-16

11-30

J.?-31
1--2

\

$1.12%
!$5
50c
$$3
Ontario Sfeel Products, common (quar.)^_
$25c
•'7%: preferred
(quar;H-—$$1-75
Orpheum Building Co. -(increased s-a).—.
25c
Oshko'sh ;E'GoSh, Inc., common (quar.)
10c

11-15

l$r25

12-15 ?
• •

25c

-...ii.-.------

-

llrl5
'11-27
$2-2

12-2
12^15
,12-15

(quar.)—a—.

•'•■"

8-15

9-,l

'12- 2
12- 7
12-16
12-2
1- 2

4'/2% preferred (quar.)—
Service Holding Corp. (year-end)——.
Oliver
Corporation
(irreg.)
—
Ohtarlo-fe Qubbec Ry. Co. (s-^)——.

5-15

0-1
■

.

(s-a).

llrl5
•

.

Ohio

2-15

1

18c

;

.

,

Ohio Power Cb.,

11-15

12-

Oil Company

common

'

42- 3

15c

,

.

(quar.)—

12-14
3-

Do.,

11-18

12- 9

!02Vic

(quar.)
Steel

^

,

12-10

25c

Ohio

$1

Si

15c

(quar.).

——™

11-15

12-20

11*19
11-19
12-14
-12-10 X 11-15
12- 2,
<1- :2

•

42- 3

,

'(quar.)^us.^=-;L;.£:--'-—'$1.25

Malleable

$1.50

11-15

2-4

&

preferred

.--u

112- 2

$1.75
$1;50

—

41-22

Confectidn

12.-20

f

'

.

11-30

12-10
1-1

12-10

12-

:—:

—

-

——

■——

♦

•

,

•fi2-!3-'..

Ohio

11-29

Products Dorp.--

_

•

$7.50
93%c

...

,12- 2

12-16

-

Drug

llr29

12-12

(quar.).^

,

Co.

Z-Zn

3

11-20

11-20

Power, Ltd.—
*67c -preferred (quar.)_._——_____——
t$1.50
Nu-Enamel Corporation, new com. (initial).
15c
Oak Manufacturing Co. (quar.)—'15c
Oberman & Cbmpany (initial)^.—10c
Ogilvie Flour Mills, Ltd. -common (quar.)..
t25c
7% jpreferrdd (quar.).——s—$$1.75

11-29

12-27

common rduar:) .,..
"1 -n-fr*

common

Pharmacal
•_

5

12-23

10c
y Extra
10c
Preferred
(duar.)
w——————
86c
Ohio Edison Co., :common--,sss,^^^.s--.5=—; »$0c
4.40%
preferred (quar.)$1.10

National Oil Products.^^..^.——-40c
Stock dividend,.
wu—'2%

,

———————25c

Mines

—

Extra

-

t
llr20

12- 2

Nova Scotia Light &

11-29

10c

Do.', Inc., :$7 pfd. '(qtiar<)^.
common (quar.')y^i-common

(quar.)—

12-

$1.25

11-20

«—30c

common

preferred

12.-20
12r20

12-17
12-10

$1

:..—."

-preferred (quar.);
—;
Northwestern Telegraph Co. (s-a)

Milling Co.—

National -Linen Service Dorp., com, -(quar.)

■

Mclntyre Porcupine

7%

11-30

12*31

$10c

(interim)—

Mines

11-30

12-31

12-i7
*12- 2

12-2

1c

12-20

12-20

25c

(quar.).

Common
(year-end)- .———;
$3.75 preferred (quar.)..—
Northwestern Public Service—

11-29

2

1- 2

IfLwfc 112-28

Pibres_c-._^_*y-_-^.^^._-i.

Co.,

quar.

preferred

Year-rend

/4

Y.)

11-30

-

12- 2
:

(N.

12-14

_•_
'50o
Folding Box, ^cbihmbm...-^™.y_.
60o
>(qUar.)iyi (3l;l2V4
National Hosiery Mills,-Ltd.-:
q\, Dla$Si..; A
(quar.)$15c
National Lead Company—
» 1
!J% preferred ;A (quar;).:. f$1.75
National ;Life '& Accident Insurance (quar.)
:13%c

■

i

.

Northland Greyhound Lines, Inc.—
.

2'-$2-16

1-

National

12-2
.12-19*

*

12-3

1-2

preferred

-6%

f

National Gypsum Co., $4:50 pfd.

11-20

12-18

.

,

-

12 Vic

.Quarterly

11-15
11-20

1L30

.

'672%

5

•

lb

Chemical, Ltd. (initial) __
60c cbnvertible preferred (initial quar;)..
National Fire Insurance Do. (Hartford)

H-15

12-10

12-20

>'

share of Pacifie Gas & Electric com-

Northern Empire

;•

Preferred (quar.>^yi.^i.iv-:^--.yy

Extra

5%

National

11-15

12r31

11-29

1- 1

30c

Extra

.

-12-26
.

America—

National Discount Corp;,

.12-18

-

\

reported'in this

only
(

lS8c
15c

.

The Company has

column was incorrect.
ferred

(quar

Paul, 30c preferred

Correction:
,

preferred

11*29

12-10

North-River insurance Do.

«

12-141
11-15
12-14? 11-15

50c

-

*11

increased

2

12-26

750

—,

$3.50 convertible

I 11-29

11-29

^

National Dairy

11-28

'

McGrath-St.

$2-16

12-20

'I- 2

'

Dylinder Das,

Extra

,12-10

12-16

l2Vic
25c

3

(quar.)_.

common

11-22

12-14

preferred ^(initial 'quar.-)"^^=^^.i™

$4

•

•

of

National Container Corp.,

11-15
11-25

12-16
12-30

25c

Company
(resumed) ____
Corporation, $2.50 pfd.
(quar.)—

12-10

*

l- 4

^y-P3roducts, Inc. >(exfi^)^y^*
'(quarv^s^yy;;.

'National Casket

11-15

v

11-14

$6.35'
(accum.)—$5.82
1
North American Rayon, class A (year-end).
75c
:'.
Class B (year-end)—..-——..—
—
;75c
North Central Texas Oil (year-fend)——
30c
North Pennsylvania RR. Co. (quar.)u—w.
$1

12-20

$$1.40
$55J/2C

,

Autoinotive

Year-end

11-22

12-

11-15

12-10

Norwich

National Dash Register Do,

12-20

'12-20
,12-IjB
12- 2
-12- 2
12- 2
12-,2
12-?

12-

15c

•

12-14

(initial)

Biscuit

National

jl2- 2
12-20

12-24
12-10
12-20

1L25

12-16
12-14

12-14

preferred (quar.)l™™---.-^:--y-i«.i^.

■v

10-31

12-24

12-16

15c

Mine's,

mon for each 100 shares held
—.
North America^ Investment—
"
67c ' preferred
(accum.)——

-

1- 4

•'National Dity Lines,

12-24

—

;

;11-15

1-4

~

Chemical 'Co.

Common

.

-

11*30

One

$300
$$1.50

Nash-Keivinator :Corp.

' ;

1-1

Magnesium "Products—12%0
Market Basket (Los Angeles), common--—20c
V/,-$l preferred A (quar.) —x-———
.
25c
Massachusetts Investors Second Fund—
Payable In cbminbh stbbk or "cash—.
$2.40
Massachusetts Investors Trust (Special)—
70c
Year-end
—
10c
Master Electric to. (increased quar.) ——__
45c
Matachewan Consolidated Mines, Ltd.——I#lc
Martin (Glenn L.) Co. (quar.)
—
75c
Mastic Asphalt -Corp.—.———i—
15c
May Department Stores, common (quar.)—
'75c
:
$3.75 preferred (quar.)——
———303%o
!
$3.40 preferred (initial guar.)
■—u——
85o
May, McEwen, Kaiser Co. (quar.)
20c
..'.Extra—
^i.
40c
Marine

12-10

11-8

'

11-30

Corp.

National Alfalfa Dehydrating &

11-12

12- 4
3,2-10
1- L

2Va%

-$50c

—

North American Co. (stock dividend)—

\

Storage—

ipMferred.
iNamm's, Inc./''(guar.)

Communica■

\

1-2

(initial)

/

11-12

:

(interim)

11-29

1-2 "

preferred; - (quar.)
•i$7 preferred (quar.)...—
J$1.75
$7 preferred (quar.)
$1.75
Muncie Water Works, 8% preferred "(quar.)
$2
Munsingwear, Inc., new common (initial)...
5t)c
fMurphy (G. C,') Company (quar.)
—..
37Vic
Murphy Dhair (initial).lO'c
Muskegon -Pistbn Ring - (year-end)
______
;55c
:MUskqgeb-Conipany,-f.^y^-uyyi;^uy;ssy;-4-y
:25 c

11-12

12-2

'500

—^3.

Marconi
i

25c

..i.™

,

11-22
12- 5

$5o

,1-20
11-30

„

11-22

12-10
12-15

(quar.)

;

•

11-29

1-

ySWUntaih Fuel Supply-y-^y,™i-.——' ;30c
Mountain Producers Corp.
(s-a)—r
30c
MUllins Manufacturing Dorp., -class B™
26'c
$7 'preferred .(quar.)-'y.y_^—;—*$1.75

11-15

425c

,

Manhattan Shirt Co.
;

11-15

11-15

12-10

Ltd.—i.......——$$1
Norfolk & Western Railway Co. (quar.)—.
$2.50
North American Car Corp., cdmmon (quar.)
30c
Extra
—.—-i
—L——™——.
80c
$2 convertible preferred (quar.).—
50c

12-20

2

,

$50c

11-29

$140

;"iQuartedy,

Ll-30

12-10

,12-16

11-26

2-1

12-27

$43.V4b"

(quat:)-y^yy-xiysy.^yisiS.y

,

12-11

20o

-----'

————

1-2
13- 2

50c
$3.75

Niagara Share Corp. (Maryland), class B__
Niles-Bement-Pond
Co.
-(resumed)^.——

Light Heat & Power-Co., Consoli-

,;ist .preferred
——
2nd preferred--—
Moore'Corporation, Ltd., common (quar.)..

.

Year-end

preferred $quar.)^—i.i.-—933/4C

(quar.)—.

Noranda

11-15

Co...

Utilities,

^qferred

11-29

12-10

11-15

(quar.).

common

11-25

11-30

...

7%

11-25

12-21

11-29

12- .2

Corp.j

__

11 $25

2

1

12-10

12-15

,12-16

Mining Corporation

12-16

.

11- 9

12-16

37V2C
40c

....

11-27

$25c

(year-end)
Motor Wheel Corporation (quar.)y.^.^.-..
Mount Diablo Oil Mining & Development—

2

12- 5

11-26

12-10

;i—

12-l2

$2

-

11- 8

12-10

25c

J.)

(J.

Extfa •—--ILLL

12-16

12-13

12- 1

Newport News Shipbuilding & Dry Dock.—
Niagara Hudson'Power, $5 pfd. (accum.)
Niagara Lower Arch Bridge, Ltd. (quar.)..

• •

12-20'

2

v

v

"Jll- 9

Motor

11-30

12- 2

;

.

12-12

preferred A (quar;)______
...—t$1.75
7% preferred B (quar.)..-— ™—
t$1.75
Morgan, (J, P.) '& Company (quar.)....
$2
Morris'Plan IiiSurance'Society (quar.).—$1

12-20

12-

^

12-10

; $7

$$1.25

Mack

•.

7%

MacMlflan (H. R.)

——

12- 2

;:';.:^E3kfa:$66V^O

f

5% preferred '.(quar.)——
Export 'CO., 'Ltd.—

12-16

12-23

1-

$2.50

& Gas Co#).—
-.
(quar.)—
Co. (increased quar.)

$1.27,/a
35c

•ii-,

"3%%

,

2

1-15

1-

.

'Increased

12-16

1-2

■12-2

__

(initial)

5%

,

Structural Steel "CO.. Ltd.—

MacKinnon

(s-a)...

Co.

Electric

"fl.25

Montreal

3,2-20

Mines, Ltd. .(qimV;)----------——
Publications, inc.—

Harlem RR.

Newport Electric

»•

$25c

11-15

participating';p]^ferrbd_-i--_--____-

;Tia27
$2- 2

12-,2

Montreal

'10-23

MacPadden

12-22

12-20

'1-2

;

"11-30

12-12

11-15

4c

(year-end'50c

Co.

preferred (quar,).^_.-^.^_^y-:__.«.-..
Montreal Cottons, Ltd., com. (increased).—

12-14

12-15

12- 2

15c

11-30

12-16

Macassa

pfd. '(s-a)

4%

12- 6

Lunkenheimer Company
——
37 Vic
Lynchburg & Abingdon Telephone (s-a)
$3
Lyon Metal Products
(quar.T——$5c
M. J. Si M. & M^. Consolidated-"—
Vic

11-20

'$3.25

...

preferred

Newmont

1- 3

;12- 2

5%

11-20

12-16

40c

12r10

12-10

common-™—!.

12- 7

Co.; <(resumed)

Steel

12-31

$1

^12-14 .11-15

11-30

12-16

.

\-

$1:50

....

Northern States Power (Wisconsin)—
57c-preferred (quar.)

11- 1

$1.50

Extr'a

Ludlow Manufacturing & Sales',(quar.)

11-30

11-30

Northeastern Water, $4 preferred (quar.)—.

11-30*

12-12

12-16

12-16

11-22

11-29

(increased s-a)

Louisville Title Mortgage Co.
.

Extra

25c

'

(quar;).^_.-.--._ij.—__

Machine

Montana-Dakota.

11-29

,15c

11-15

Co.—

11-30
$1-30

;il-30*

12-14

.

(quar.).

class A

MOneta'Porcupine Mines, Ltd.

I1-I6

12-14

Louisvilie*iTlNashvr]Ie"RRr^or~(^ar5-3-I

Newberry

12- 6

12- 2

(extra)_i:_y_w---u.yy_

Monsanto 'Chemical

12-20

1-2-47

-

1-1

11-20.

l12-20

l'lrl5

$1.75

12- 2

11-20

12-2

$1.75
,25c

& Taylor, 6% 1st preferred (quar.)—
(P.) Co., 7 % pfd. (quar,)
—
Common, (year-end)
Louisiana Land & Exploration (quar.')_——

12- 6

12-20

Brake

State

York

5.10%

30c

11-12

2

12-15

.,•

50c
$2c
,25c

.11- 2

12-2
12-

9

',25c
$21

$$1.25

? 12-11
;

1

12-20

$1.50
$1.25
20c

(quar.).—.
(irreg.)

Co.

Co., common

preference

Common

;$1.50

Lorillard

i

y

—_

_____——•—y__.

& Birmingham RR.,

5%

11-22

12-1
12-

——

-

Service

Utilities

Monarch

12-11

■

New

12-2

12-28

12- 9

New York &

11-30

11-30

12- 9

12-16

12-21 ;

/45c.
20c

11-15

12-16

12-16•

IL-30

12-21

',.1- '7

,

Lone

.

5*

-

Air

■12-20

11-30

12-18

M-

(accitmv)'^l.dO;

(accum.)...—
Co..i___i.—_;

Mining

York

60c

11- 5*

1-2-47

*'.

Park

New

50c

11- 5*

4>0c

Co.

■

<

11-

12-2

$12 Vic

Lone Star Cement Corp. (quar;)---—Year-end LL--Z-Lf-L;LLiLLLLL-LL±-LL^-L*.

.

5*

12- 2

8% preferred (quar.)r;$2
LZZ-LLL-.—50c

Pipe Co.,

Year-end

11-

12- 2

New

11-15

Mojud Hosiery Cb., Inc;, common..-.-—...
20c
•5%
preferred (quar.')_^.__^c_^^_____—*62Vfec
Molsoris Brewbry, V Ltd,- '(qua^.'^yry^yyyyy$25e
Monarch Knitting Co., Ltd., com. (irreg.)..
$15c

2-24-47,

12- 2

$25c
$12Vic
$25c

:

Locomotive Firebbx

60c 3-10-47

preferred

6'/a %

4

•Mohawk Rubber Co;

Ll-22

12-10

T>0c

9

,12- 2

(year-end)—

11-15

1-15

9

11-

New Method Laundry Co.—

Mohawk 'Carpet ;;yMiUsy'-"--'--U'-'yy--"-yuw---y

2-24

<

(quar.)

Extra

Lock

3-10

1-

12- 2

12-2

tini^iUf)

common

...

Zinc

11-30

ti: n ii-

50c j.

.

'50c

Quarterly
Jersey

11-30

12-15

50c

■:

prior-lien preferred (accum.)
New England Telephone & Telegraph
New

12-15

;•;

$7

$1;25
Mobile

11-22

$1

——

-

B

12-16

Jll-31

20c

;

$6 prior^ lien; ^preferred'^

12-14
12-14

35c
12Vac
20c

;

Line

Modern Containers Ltd.,

111.10

11-31

12- 2

12-,•

$1.75

$3

12-14

,

;■ 11-15

*4c

12-16

12-2

$1.50

$1.,75.

'$'3.50

B___^

"

12-16

87Vio

(quar.)

pfd.

...

Missouri-Kansas Pipe

12- 1

12-

11:29

(initial quar.).

preferred (accum.)
New England Public Service— - ■
.

"11- 1

1-:14

class

Non-assented

'11-15

12- 2
.

11-29

12-16

...

com.

new

preferred (s-a)__
New Errgidnct Lifne Co.;

11-15

12- 2

—20c
" 25c
75c

Corp.

11-20

•

2

12-

11- 9

•12-16

(quar.).

7%

12-13

1--3.

40c

Mining & Manufacturing
Mission Appliance Corp......

11- 2

(quar.)—————

guaranteed (ouar.)
Loblaw Groceterias Co., Ltd., class A

19-21

Common

'\

Minnesota

50c
50c
25c

Special

12-27

20c

...

:

2

——

12- 5

Street

yf Common (quar.)

Mttle Miami RR; Co.—

; Original

a- 2

15c

—:—

(Formerly Fifth
(increased)..—

(x-a)
Minneapolis Brewing Co. (year-end)
Minneapolis-Honeywell Regulator Co.—

11-30

12-12

__—

ill 5% preferred

11-30

,50c

(year-end)

—

j.)

common

Extra

12-10

12-

.'(D.

Stores)

11-13

1-1

,

'$1.75

■;

11-29

25c
'25c;
$1.50
$1

,

Petroleum

yy* Class A '(quar.)
Millirdn's

2

12-

——

..

preferred

12- 2

50c;'

50c

$3i50

....

--w

Brothers,

.

"

12-

30c

Original capital:

12-13

,:$1 prior, preferred
Midwest^'^Jil Co.,, common, y^5'o,
8% preferred, (s-a):
"■ ;4o\
Parficlpatihg\
iu-i—iiwi----.49o>
Mid-West Refineries, inc., ^common™
5c
$1.50 convertible
preferred (quar.)
37V2C
Miller Manufacturing, common (quar.)_
5c
EXtra
-5C
,

1*1-29
I'll- 1

12- 2

87Vic

——
preferred (quar.)
Link-Belt. Company '(quar;).
Lion Oil Company (increased quar.).
Liquid Carbonic Corp., common (resumed)—
3Vi%
preferred (quar;)-—!.————
Little Long Lac Gold Mines, Ltd. (annual)-

.

12-2

12-10

Extra

$1-30

l

yy

,

,11-12

12-12

(quar.)

7%

'

11-23

'11<t30'

12-16

37 Vic

(quar.)—

common

■

11-23

2

12-16

—■L~-~L.Z' V
preferred

prior

Lincoln Stores,

■

11-29

12-12

(quar.)

participating preferred

'.Extra

7%

11-4

1

■.

Mid-Continental

2*

12-

37Vic
250

_

Lxtra

6%

■'

50o

Lincoln Service

;i2-10

11-27

12- 2

*$1

____________

.12-20

12-10

,

75c

———'

i.—U

12- 2

25c

1-

75c

(quar.)_

—

™™.-.

12-10

Michigan Steel Tube Products (resumed)™
Mickelberry's Pood Products (quar.)_.

11-20

li-30

*11-30

200

11-20

11- 9

7%
(quar.)

CO.,

rower

preferred

;

—...

Neptune Meter Co. (initial)...
New Bedford Cordage, common.

11-15

11-9

LL-

-

12.-16
11-20

2

5

'

preferred

Nelsner

11-15

2

12-

1

Company

'6%

% 1-2
~i2r:.<2:-:

J

Ckii^da^Ltd.^tniidttlhyyx^^^

series_.-™.^ii..^.™^«.'

Cement Co., common
preferred ;(s-a)_i

.7%
12-

•

*7c
12-15
*2c ,12-15,
.

Group

Neoras«.a

12- ,2

12-14

Extra :;i.—;

'-.'Class

Natomas

6

$1.18%
35c

12-

$1

(year-end)

12-

Michigan Consol. Gas., 4%% pfd. (quar.)—
Michigan Public Service Co. (increased quar.)

12-14
'

40c

Life

12- 2

Mica Co: 'of

12- '5

$40C
'60c
$1.75
50c

,

12-11

''$1

■

12-16
11-10
la-ia ,11-29
,

12-15

*i6c

*Estimated distributions.

7%

11-27

12-16

35c

>-Levy Srothers;::Ltd,f (iirterinr)
——
Lexington Telephone Co.. (quar.)__^_Lexington Water Co., 7% preferred (quar.)Libbey-OWens-Pdra- Glass Myear-end)-—_—

25c

preferredyyy-yy-yy—LiL. '

iseries..—

stock

sqries.

Nazareth

12-21

12-1

;50c

-

12- 6

I1-27

12-

$1

Products"'--^--—

^3413*

.12-11

12-13

12-

25c
.

12-28

?5c

' ©Oc,

v--.-y

-

12-31

V

'$1

.

•:

,

11-27

Lee

Stock

Holders

H-30

12-31.

$30c

,

Funds-*

Trust

Preferred
Selected

y;,'6%i% lirbferred; A (quar^yy^yiy-yyyyy-Mdsta
Machinfe Oompany^i;_-yyyy-yy^_>_«.
.'BaVio
Metal textile Corp., $3.25 partic. pfd. (quar.)
81 Vic
Metal & Thermit Corporation,'Com. CquaiV)
35c
; ; 7%
preferred >(quar.)—-—-—•. $1.75
Metals Disintegrating -yyy
—/
'15c
Metropolitan Edison, 3.90% -preferred (quar.)
97Vic
Metropolitan Paving Brick
(initial) __—LL
50c

TL25

1

2-

Company

(National

.40c
250

1- 2
;i2- '3
.'Jsn V; .1- 2
v
MU'or
12-16
■
i,!yyr - / "

Nfitionai;Transitr Company (increaBetl s-k).

.

:

Merritt-Chapman. & Scott—

12-15

Bleachery & Die

11- 8
12-15

>

.

quar.l_y_;

Merrimac: Haty

25c

Lanett

;11«! 8

When

Share payable oJRec.

..

;

Co.—

quar.)

11-15

11-15

Lane-Wells

A * (inoreaised
' Class B ^increased
Glass

11-15

12- 2

(quar.)—

,

x

Sug&V. Refining

Natiortbi Tea Do., com;" '(inOrea"sed ,quar:)..

,

11- 8

12-1
1- '2

62 Vic

(s-a)_.

>-Quarterly

12- 2

;:■■

(s-a)—

Transportation

12- 2

"??'• 50c
$2.50 preferred ;(quar.)
62yac

Sessions,
Bryant, Inc., new common

Lane

preferred

Miners

&

•Merchants Refrigerating Co.—

12-23

'12-14

.:v

16^23

:

__

Distillers,

Merchants

,

"?>

1

12- 1

'

V'l-1'5'

■'

•

Co., 5% pfd.
Ltd.—-,

Telephone

^participating

'6%

11- 1

,

"12-

1- 2
,1.1- 8

,.

12-1

'25c

;MeadvJlle

2

12-

*?5o

National

.

'

12-2

$40c

preferred
(quar.-)
$$L78
? Lake St. John Power & Paper Co., Ltd.—
Quarterly •^ $50C
J"
Extra -L
;: ?y .$$1•'
Lake Shore Mines, Ltd.
(quar.)_
Li.—
418c
Lake Superior District Power, -com. -(quar.).
30c
:
1 5 %
preferred(quar.
$1.25
Lakey Foundry .& Machine Co. (irreg.).—
15c
Lamaque 'Gold Mines tinterim) iv™~-»—- ' J21/siC

1-15

y !$l !;'

:r

Name bf Company

"12- 4

12-15

^yf^.^nd^refeiTed^quar^-^yi^yyiyi^yl:-.. i
-50 c
4 Ya % 'preferred (quar.)__"_r_-^-y-;y-.____y *$l:06Vi
Melchers

7%

■:'4quar,);v^---i--^i^»ij:i-.-i':''

Per

Payable of Rec.

60c

(quar.)

common

Extrb

1-15

12-31

'& Robbfhs, Inc.,

Holders

When

Per
y Share

'Ndtitetif Cortipany

12-13

12-10

■;■•' w,-:

Mead Corporation, common (quaLJi^^u^y y • y

11-9-

1- 2

V 2-1

$1.50
$1.75
2c
<$1;50

2nd

:

McKCSsbn

9

11-

2

12-2

Extra-

■

12-

50o

(quar.)

common

.1

•

,

:

Payable of Rec.
!$2-27 .12-20

$1.$2%

Co., V/a % preferred (quar.)—

Kroehler Mfg.

Holders

When

per

Share

Name Of Cohipany

Monday,- December 2, .1)946.

Kf-.n

■•

'$1.10
92%c

.12-19
41-29
11-12

12%o
$1

12-31 y •«;—
1-15 $2-20

blume J64 ■* NuratJei; '4545!

[THE COMMERCIAL1» FINANCIAL' CHRONICLE

E

Per

Name of Company

-

.

'

"

Company,

Pfaudler

12-

$1.75

12-

2

,15c

common

Brewing

Extra

1-

2

12-11

12-11

2

12-

Inc.

(quar.)

2

12-23

12-

12-23

11-20

(quar.)
Electric Co.,

(quar.)

preference

$1.25

6

5

1-

2

1212-

>f- 5%

2

2

2

12-31
12-31

Tl-29

$1.50

12-

■

11-20

4

St.

Quarterly

25c

Extra

American

20C

deposit

receipts
(interim)*.}

Pittsburgh Bessemer
6%

for

$5

5%%

Erie

12-

preferred

Consolidation

Porgings
& Lake

(quar.)

Coal

Erie RR.

Hate Glass

11-20

11-29
12-5

Co.

(reduced).

$1.50

12-16

11-25

60c

12-23

11-29

10c

12-21

11-29

'

(year-end)

12- 2

$1.75

12-

,

37%c

n

River

(quar.)"

Co.,

Ltd. (quar.)
X
„4

Pood

5%%

partic.

12-

Common

12-14

$20c

preferred
$3 partic. preferred

1-15
1-15

(quar.)_.

12-

133Ac

(quar.)..

(quar.)

7%

New

11-

11-

5

11-28

11*18

12-10

12-2

.1- 9

-

15c

(resumed)

fiOo

-

,

10c

11-15

12-

39c ''

11-15

,

.

11-26

1-

2

35c

12-30

25c

12-20

12-

2

50c

12-20

12-

2

;.7%c

12-14

11-29

59 %c

12-31

12-16

■

Corp.;

....

preferred

(quar.)

1-

25c

*£

2
2

11-15

$$1.75

;l 1-

2 '

12-10

12-26

50c

12-9

$1

11-18

50c

12- 9

11-18

12- 9

11-18

12-

9

&

12-

11-15
11-30

12-16

11-30

12-31

11-30

12-14

;

11-15

1-15

12-14

12-14

11-15

12-14

11-15

,

4-

,

„

.

,

,

'*

.

Extra

Pure

$$1.25
.

(Simon)—

Company,

5%

common

(quar.)
,

convertible preferred

Solar

11-29
11-29

Extra

25c

12-16

1-1

12-10

^

40c

-■::

Fund of Boston—

55c

2
2

2

X

11-

x

■

35©

11-18

12-14

preferred

4%

11-23

(James), Inc.,

.

1st

Telluride

11-15

Tennessee
1

preferred

Southeastern

11-30

Increased

.•

Extra

•

y„100

Rand's (Pittsburgh)—
New common (initial quar.)..........
Rath

■

,

2%c

Packing

,

Extra

5%

(quar.)..^^.^..
prior preferred (auar.)

:

12-28

11-25

1-2

12-20

37%C

12- 1

x 11-20

1

-

; 50c
x. 400

1-1

;

25c

11-21

12-15

11-25

12-15

;

11-25

11212-

2

12-

Insurance

6%%
(Phila.)

pfd.

5%

11-18

1-10

12-15

1-10

12-15

12-

f$i

12-14

50c

dividend

1

>

35c

1-

5%>V

'

b $1.50

xpi

^

25c

1-

2

9

12- 9

12-24

12-

2

Reymer & Brothers, Inc., (quar.)vX 12V2c
,u- 2- ' 12-16
Reynolds (R. J.) Tobacco, 3.6% pfd; (quar.) 'V::
90c
1- 1
12-10
Rheem Manufacturing Co., common
(quar.)
X
25c
12-16 i 11-15
V/2% preferred (quar.)
12- 2
$1.12%
11-15
Rice Ranch Oil Co. iquar.i
.JL
> ic f 32- 2
11-26,
Richfield
Oil
Corp.
(quar.)
< 20c
12-17
11-22
..

Robertson

(H.

H.)

Company

Rochester Gas & Electric,
Rockwell
Rockwood

Manufacturing Co.
&

Co.,

5 %
;

4%

preferred A

5%

prior

common

(quar.).

37%c

pfd. F (quar.)
(incre.

(quar.)




quar.).

$1

A'

10ci;
'

(quar.)

(quar.)

preference

:

1

20cH,

12-10

11-25

12-1. ,11-15

$1.25

1-

1-

2

12-13

]?-!«

;

X

States

]°r

1

Telephone

Co.

50c

(s-a)

25%

paid

6%..oCdilvfertiblb

Staley

(A. E.)

12-25

11-30

12-16

11*30

40c

$150

$1.60

11-19

li-19"

X;X;'' 49cIJJ9 ll2-10

y;'25o 8!:12-T2

11-27

$liu..;.'2- 1

:

1-15,

30c

12- 9

11-29

<$£$';,• 70c

'"12- 9

11-29

':X

93c

12-20

12-10

36'Ac

12- 5

11-23

40c

12-16

11-15

20c

12-16

11-15

87'/2c

12-16

12-

-

U.-——..

2

$1.01'Ai, 12- 6,

iji.)A...hi.ta;'.--'..xi';&" "
(quar.)

Clutch

40c

12-

2

-y

11-27

12-2

11-12

12-16

ll-29»
11-29

12-9

.ll.r 9

2 " f
2

Union

Investment

Union

Oil

&

9

11-2«*

f-

12-*

41-3II

4

12-16

12*. &

12-

1

11-1*

12-31

12-16

$1:;

12-15

*

2

11-12

2

11-1*

12-

12-16

15o

.*

12-16

11-25'
5 ■■■•'!

12-10

12-

12-5.

11-20

500

11-30

11-20

350

12-

11-30

58%c

12-

2

11-20

50O

12-

2

41%c

(monthly)

_

12-

2

11-20

12-20

ill-30

t$l
50c

12-16

11-1$;

1-30

$$l

12-

1

-

12-10

12-

1-

11-30
11-30

12-10

>11-2*^:

12-14

(accum.);

;

5

12-1*

1

12-15

$1.75

-•

U-3f

12-24

v;25c

30c

12-

2

7 5C

12-23

12-

2

37 %C
$1.12%
$1
62 VaO

12-23

12-

2

12-16

12- *X

12-10

llr2tt

12-23

75c

(quar.)_
?'X

(quar.)
:

11-20

12-31

$1.50

Corp

■

11-13

2

12-14

30

-—

•?

11-28Y

$1

Louis

Forging

i

11-30

12-

250

4*.—-»4~~4—•

(ouar.)—

Rubber

Bag St Paper

f

25C

(quar.)

Corpt

.

'

1-

,0t?c

I3%0

nf*

—

12f2L,

2X

12-1#

12-24

Oc
35c

"

?

11-20,,

T2.4X1 X
12-

11-20

1

12-10.

12-20

11-25* ;

12-10

12-

3

11-20

1-

(resumed)
(quar.)

2

12-10

$3.75
Union

Co.

Union

Sugar

Union

Tank

93 %C

1

(quar.)_

—

(year-end)—

Co.;
Car

12- •

12-

,,

(quar.)

A

RR.

12- r

12-14

20c

quar.)

California—

of

preferred
Pacific

(increased

12-14

25c

250 •

(quar;)——-—

Co.

—

—

(quar.)_
Co.
(quar.)

Co.

.

iX

11-20" *

12-10
2

X. 12- 2

12-10

11-30

2

11-15

1-

?

.

.

•12-

12-20

»0c

Corp. (quar.)—
20c
United Aircraft Corp., common——4—50c
5% convertible preferred
(quar.)_—^ $1-25

•12-15

11-30

12-16

12-- 2

12-

11-15

Union

Twist
Wire

Drill

X

Rope

Aircraft Products—
common

(initial)

/

1

——

2

•

——

12%o

12-16

•

11-2#;;

5

12-27

Union

.

■

it11-

1212-

.

12- 2

••

(year-end)

Corp.

Chemical

Asbestos

New

11-15

11-39*
11-27

1- 9

12-16

Co._J_*4—,^-4-4---.-X;

Union

United

"

12-15
12-12

$1.25

7% preferred • A.
—8% preferred B————
—-—
5%% preferred (quar.)-4«*i44-—*

Unexcelled

ll-2«

'

Fixture,

Underwood

12-20

12-14

15c

11-30

; :
>

x

6
6

$2.50

Transit, com. (resumed)
prior preferred (quar.) —

Rapid

convertible

Union

11-16

—H'-r

$1.12%— 12-14

quar.)

convertible preferred

12-6

toWj2-2-'

common

preferred

Standard Cap & Seal—

'12*16;
Hitcij2. 2

XX•

(initial

6 X

$1.37

Extra

preferred

12-

$1.37

common-.......^.

Corp.,

12-16

1212-

2

12-27

:

'

City

6

1- 2
1-

50O

$1.50 convertible preferred

Twin vDisc

: .12-

.

J 2-10

(quar.)

common

prior preferred

12-16

1- 2

10c

(year-end)—

(quar.)

Steel

Co.

12-14

-1-2
'

10c

Tudor City, 9th unit 6% preferred
Twentieth Century-Fox Fhm, com.

Tyler

12-16
X' 12-16

25c

(year-end)__
(year-end)

Coal

12-16

12-31

15C

30c

Twin,

----W )H:fc>

12-16

$30

(Increased)

Co

of St.

Corp.,

12-16

1

2-

$1.50

X. 5 %

11-1*'

1

'? 12-16

(year-end)_

$4.50

"

12-

12-30

$6 preferred (quar.)
———Troy & Greenbush RR. Association (s-a)___

Tri-Continental

11-15

10c

x

10-32
11-15

•f;

(monthly)--.---*---^------

Williams

10-32

12- 2

SOO;

Building Assn. Ltd. (quar.)———
6% preferted
&

11-16
-v

s

Company,

Transue

11-15

Co.—

;

Brands

1
1

(s-a)___;

$3.75 preferred (quar.)_
Standard
Accident
Insurance
Standard

1212-

preferred

Mfg.,

Trane

2

,,

JJXtra ;

$$1.25

(annual)

(quar.)
XX Spear & Company, $5.50 Ist^ pfd.
(quar.)
$5.50 2nd preferred (quar.)
X; Spencer Kellogg & Sons (quar.)
v•
6piegdl,^ln!6orpoi*iited^
$4.50 (fthnvertftfle'liYeferred (quaY])-..!^
Squibb .(E., R.) t&i Sons, common
$4 preferred
(quar.)
X.Extra

1-13

1-

50CX..1

Oil

(monthly)

Corp.

Truax-Traer

25c

'

.

and

'Traders

>

Sovereign Investors, Inc.————
Sovereign Life Assurance Co.-—.
•

Sparks-Withington

,

1-15

———

$4.50

12-13

50c

.

2*;
ll*15x
Xll-ldt1?

11-30....

$3.50

'

12-16

12-20
12--'2 '
12-

1

50c X

Elevators, Ltd.

Towmotor

11-30

11-15

2

$1.25

Toronto

12-15

12-20

ifc 2;

Iron. Roofing

Spal(?ing (A. G.V & Bros.

r

...

States

11-15

12-15

20%

$4.50 preferred
(quar.)
1- 2
12- 9
^
$1.12y2
Republic Petroleum C04 common (irreg.)5
12-20
'12-10.
Republic Pictures Corp.—
>
„Vu^,
$1 convertible preferred
(quar.)
L._..
25c
1- 2 ?. 12-10
Republic Steel Corp., common
25c>
12-21
12- 2
6% prior preferred A (quar.)
Revere Copper & Brass, Inc. (initial)

non-cumi;preferred (quar.)————$1.25

i"Southwestern

'12- 9
12-

2

Power—

Southwestern Public Service Co.-~
Common (increased quar.)

'^2,-loi

1-2

Canada

Union Gas Co., com. (Increased)
15o
preferred (quar.)—
WX $1.06%
Southwestern Life Insurance (Dallas)
Quarterly
350

,

'11-15*

2

12-

12-

50c

4,-—..44-.------

Cofp.

preferred
preferred

5%

11-16

.*-V 11-29

<

$1.75

Roller x Bearing

Insurance

6%

4%%

'

X

3

-

87%c

'

11-15

—

11-16

3

12-

■

11-30

3 X

12-

'

U--*--—

Brewing Co. (irreg.) —
Royalty Corp. (extra)
Toledo Edison Co., 7% preferred

11-20

12- 2

(yeair-end)

11-30

12-14

•

;•

30

Toklan

Southern
*

11-30

12-14

12-15

......

11-2#

X 12-14

IOC

Inc.

12-10
11-2#

12-30

(auar.)_

pfd.

interest

Associated

10-31

12-10

25C

Tivoli

11

(quar.)

1

X12-23

25c

Welding

Roofing Co., Inc.

Title

11-15

37 %0

Southern

12-14

15c

,

"

11-18

-

25c

.

(quar.)___
(s-a)
Reliance.Manuracturing Co. (lii.j—
3 % rU - convertible: preferred
(quar.)
Remington Rand Inc., common
Stock

2
2

A—25c

Edison—

participating preferred (quar,)$$1.50 ...1-15
Southern Natural Gas Co.:»--X*ii;l»4r---.---i.'i'
37'/2c
12-12
.Southern Pacific Co;^(q'uar.)
—J
$1
12-23
xSouthern Railway Co., common (quar.)——
75o
12-16

8

12-23

:

:■ 20c-

.........

preferred

12-1

$1.12%

'

—

(increased)^.—

Electric

Water

Time.

Paper—

6%

12-13

12-12

15c.

Tilo

11-14

preferred (quar.)______—26%0
preferred
(quar.)
25o

Southern

■

30c

Grain, Ltd.,

4%

v«

-

Tide

Timken

(quar.)

California

(s-a)

& Oil

prep,

11-2#

9

1-

12-30

—4--.—444^-—4-

of

11-13

.rXX:XX$5C^ :'iX2-X:lXX'

X« Extra;'———444.>w_~,—.———4»>,—

4%%

XX

11-18

15c

Reliance

x

12-

B

&

shares

11-13

2

•12-

$50c

Extra::

12- Jt*

2-1

11-29 '>

$1.90

Thompson Products. Inc., com
4%
preferred
(quar.)

-

25o

7

12-16

12-

■•v$356»

;i4^4«^--.-->.-;^*4-:-44*4444:i-4444^

Thomson

12- 5

62'/aO

60c

Bag

4

XThermatomlc Carbon Co,—''
•••x-"*'
$5 [preferred (s-a)-4^-4.—
Thermoid
Company
(quar.)—

1

*

12-

«

12-16

56'Ac
$200

„

Water Works, 7%
Sulphur tquarj

Certificates

2

12-31

'

Texas-PJihlic. -Reruice -(Del.) (quar.).*.——
Texon Oil & Land Qo.———_—

Southern California Water—

12-21

12-2

Extra:

Reliance

6%

12-2

1-10

(quar.)

••"x,-Extra \ 'i—•——
Reed Roller Bit Co.: (quar.)
Reeves Brothers, Inc.
(quar.)
Regal Shoe Company...
...
:

12-16

25c

'

...

Corp,

preferred

5-3

7%-preferred

Reed-Prentice

Advance

4%%

$1.75

......l.

■

Southern

87%a

Ray-O-Vao Company
Reading Company—
4%
non-cum.
1st preferred
quar.)......
Real Silk Hosiery Mills, common
(quar.)___,

11-29

^i-ggc-

-

I(year-end)^.ii
(quar.).;

1

11-16*

Greyhound Lines-

11-29

Southern

Raybestos-Manhattan,. Inc.

Sub

11-30

31'AC

2

2-15

50c

^

Texas Pacific Land Trust—-

Extra

8

2-

quarterly

12-14

,

1-

3

12-20

12-31

(quar.)_

2nd pfd.

11-8

Common

12-14

•

6%

Power,
Corp.

Texas Pacific Coal

12-

11-12

750

4'VX'"'

(quar.)

Extra

12-10

-

30c

12-2

50c

(accum.)

12-20

2-15

10-31
12-

75C x;12-30

-

r

—.

(quar.)—

Gulf

12-14

12-26
X

12-16

50c

■—

common

Haute

2

11-

2

12-20

12-2

1

<

—4

'

,15c

X

12-

$1.25

Terre

2

11-

X 11-30
'*

12-16
•

————4—-X4——.

preference

7%

11- 1

12-14

2

11-2

1-1-47

—,

Teck Hughes Gold Mines (interim)-.
Telephone Bond & Share Co.—

11-23

11-15

13%c

-.

12-

250

(quar.)

Texas

12-

2

12-10

.

.

•

4——-——

4'/2 % preferred (quar.)
Tamblyn (G.), Ltd., common
...XExtra'

2

12-15

9

1-15

1-1-47

,

.

-f--

44——U.»4»4-4444-.4.

—

Extra

11-16

25c

(quar.)___.

25c

12-

•>

.

AX—

5%%

.

12- 2

12-15

25c

A

25c

'■'•'iv;

»

2

11-

12-

1-31

X4'.v.;

(initial)

:

12-

12-10

2

*

t

11-21
12-

12-31

12-18

Oil

12-10

12-10

(quar.)__

(initial s-a>
±
preferred (quar.)
X South Snore "litilities Associates-*-*.
$1.50 convertible preferred (accum.)

-

Year-end

preferred

11-15

250 X

•

Class.

llSO

(quar.)

2

12-

;

11-12

__

5%

■

Pyrene-Manufacturing (year-end)
Quaker State Oil Refining, common (quar.)
-'

A

3

12-

;;.XXXC15C
————-—4—4-4.

Common

.

South Carolina Electric & Gas—

11-18

12-

preferred

convertible

$1.25

11-18

12:

12-

convertible

(quar.)

12-

12-14

$1'

iX'XV.,

Corporation

12-12

87 %c

■*

Company, common
Manufacturing Corp., com.

12-14

37 %c

—

12-20

—

Aircraft

Sonotone Corporation—

11-25

$1,25

......I

Solar

11-25

(quar.).....50c
$1.30

:

(The George)

12-16

.

(quar.)

Corp., Ltd. .(extra)
Purity Bakeries Corporation

25c

,

Purest

Putnam

preferred
(quar.)
i
Socony-Vacuum Oil Co. (extra)

11-30-

,i

,

Talcott

40O

11-30

11-30

.1-11

—

v

-20o

.

12-12

750

\'l ; \ 50C
V-!
50c

—r,-u—

com.

30C

Extra

12-16

new

45c

.

(Alexander) & Sons, common (quar.)

25c

X '■ ■>

-

common

30c

(quar.)

12-31

$i' ; 12-16

;

Oil

Extra

:

11-30

12-16

,

,

'

,

Smith

12-31

-

■.:

,

1

_

$1.20 preferred

11-30

45c

11-30

Skilsaw, Inc. (increased quar.)—;
Sloss-Sheffield Steel & Iron) com. (resumed)

12-14, ;;11-15

12-20

(increased)

—

Fuller,

•

.

12-14

1-10

12-12

'.

-4——_i—
—4---. w-n

—

&

Extra

Franklin:

2

75c

—

Ltd.—

Co.—(See

$15c
12 %c

x

-

(quar.)

11-18

12-15

250 X
$50c
$20C

&

1-

(quar.)—

(extra)

Stores

Oil

11- 2

(Franklin)

—

'Extra;'

11-30

(H.)

1-10

-

11-18

12- 9

.:x: $1

5%;. preferred

1-10

1

37 %c
Corp., 6%'. preferred (quar.)
"■'X.4 % 2nd preferred
(quar.)
.
too
t Swift & Company ■ (quar.).
.XXX'40c
4-,»i,.4
Swift International Co.
X XX
40O
(quar.)
1
Sylvanite' Gold Mines, Ltd., com. (quar,)
$30
*. Gommon
bearer
$30
(quar.)4————_—.
Syracuse Transit Corp. (quar.)
Xv-XX:-: 50c
-4-4
J

11-27

>

Dairies,
(quar.)

1

2-

.
„

$25c

(quar.)

Western

;

Swan-Finch

-

.

2

2-

$10c

x

11-21

2

12-

$15c

Company (quar.)
250
Sunray Oil. Corporation, common—u——„;Xr,' 150
;4%% preferred (initial)—4—«
$1.75
Sunshine Mining Co. (quar.)
lOo
Super-Cold Corporation (quar.)
100
4.4.
Sutnerland Paper. Co.. (quar,)-,
XXXXX' 40o
,

12-

12-

^

B

(quar.)

Brothers '; (year-end)

Baer

Sun

12-16

$3

12-10

Works, Inc.

—

$1
.

A

11-13

11-13

2

'

12-14

x.

class

—i-u—

Studebaker

12-12

—

Jersey—

quar.)...30c
(monthly)
50c
<6% ^preferred (monthly).
<
50c
8% preferred (quar.)
•
$2
1% preferred :
(quar.)_„»;——$1.75
.XX $5 Preferred. (ouar.)4-^—--x
,•;
fi 2? X X
Public Service Electric & Gas—»
,
1
'
w'$5X preferred: (guar.)
l :
j-'- •" $1.25" *
1% : preferred (quar.).
:L-_.TX-Xn
'i $1.75
Publlcker Industries, Inc.—
$4.75 preferred
(quar.)
$1.18%
Pullman, Ino. (quar.)
7 50c
preferred

11-25

12-16

.

12-16

4 39c

12-16

30c

Sons, Ltd.,-common (quar.)
12- 2
$30c
5%
preferred (quar.)
12- 2
$$1.25
Simonds Saw & Steel <year-end)ii„^M-^Ji
12-14
$1.40
Simpson's, Ltd., class-:
$50c-•• >1-2
4%%
preferred (quar.)
12-16
$$i.l2y2
Singer Manufacturing Co. (quar.).
12-14
$1.50
Extra
12-14
$1.50
Sioux City Gas & Elec. (quar.)_^.^.^»A«.M
12- 2
*40o
$3.90 preferred
(quar.).___^_-,»^_^-«.i.««.
97y2c
12-2
Sixth & Broadway Building Co.—
Participating
certificates
!
7So
12* 2
Bkelly Oil - Go.—
12-17
$1

,11-15

12-

11-26

....i...

Simon

11-15

12-

11-30

_.

12-31

II-27

12-

a

11-15

12-11

12-16

1-2

11-15

12-

12-1

$1,12%-

'

Simon

'

11-1

22C

Extra-

12- 7

11-15

12-2

11-29
11-29

1-15

25c

.

11-15

12* 2

93%c

' 25c
(initial)--——-. '""X
6%
preferred (quar.) ——uX-i
X X 25C
A
Stone & Webster, Inc.
(year-end)
$1.25
Stowell Screw Co., Ltd., class A
$750
Stratford Pen■ enrpi...
lOo
Strawbridge & Clothier—
X
X 6% prior preferred A (quar.)
$1.50
$5 preferred (quar.)—
X&X $1.25
;
Struthers Wells Corporation, com.
250
(quar.)«
$1.25 preferred
31 %0
(quar.)—
Stuart (D. A.) Oil Co., Ltd.—
Class A participating preferred
$200
(quar.)

8

?20c

X. 2%

<5t Acid

•.———————

Extra
Stix

11- 8

$10c

...

4%%

{i

Phospnate

Stokely-Vali Camp,

2

11-

12-10

$1.25

r

12-

'»25c

Silverwood

12-2

12-14

12-16
12-16

25c

-

^

(J. P.) & Company
(initial quar.)
Stewart-Warner
Corp.
(s-a)

12-14

12-

li-15

Common

12-14
;
11-21
tall-21

12-

12-12

;X.

Stevens

i-

250

partic. pref. (quar.)..
Candy Snops
(quar.)..
Service Corp.
(initial).

12-14

.

12-14

1-

$31V4c

4%

1-15

$5c

.c

1-

"':X.,'25C-'

Signal Royalties Co., class A (quar.)..^
Silknit, Ltd., 5% preferred (quar.)
Silverwood Dairies, Ltd., 40c partic.
pfd

$1.50

12-14

1-

$3.50
$1.75
$190

.

preferred

Class

Stern

X

11-18

8c

Sterling Aluminum Products
Year-end
Sterling Drug, Inc.-.(quar.>*

5

12-16

12-12

•

75C

Ltd.,

Brothers

Extra^

11-15

v.-$l

*;(■

(quar.)

'XX: Year-end: ■

11-26

12-16

-(quar.)..
Breweries, Ltd.
(year-end)
Signal Oil & Gas, class A (qttar.)^~^A-^:'

•

'11-18

17%C

$3

12-12

Hampshire (quar.)

New

11-20

I1

12-14

$1.02%

Sick's

11-21

12-

■

11-30

12-12

common

Brothers, Ltd.
(A.)
& Company

Stein

Sterchi

1-17*

11-30

XX XX 50c

(s-a)

Co

Stedman

11-30
11-30*

;;

1

11-30

12-14

60c

Quarterly
Stanley Brock,
B

2

12-14

X„—

Spring,

12-

40c

Line

"(quar.)

A

,11-1^ V

35c

(Ohio), common

preferred
Steel

X

.

$1%C

...

91'AC

con).
;

„1- 1

—.

(Increased

.

12-

70C

,

Common

2

12-

7%
preferred
(monthly)
58%o X
5% "preferred (quar.).-..-..—..y.'41 %0
Public Service Uo. of
Indiana, common
45c
3%%
preferied (quar.)
87 %c

6%

k'.

2-

75c

56 %C

Public Service Co. of Colorado—
6% "- preferred
(monthly)........

•

I

12-20

12-20

'

Proprietary Mines, Ltd. (interim)
Electric Light, 6%
pfd. (accum.)

of

■

12-

75o

_

Public Service Co.

(initial).

Shepard-Niles Crane & Hoist Corp.......
Sheswin-Williams Co., 4% pfd. (quar.)
Snerwin-Wnuams Co. of Canada—,

ri

12-15

12-13

85c

1-

Manufacturing

Pipe

11-11

I2-IO;

$1.75
—«

—

'Stock dividend

Class

'

fund,s received from the sale

Stoker

11-30

25c

x;

Products,
Common
(quar.)

11-22

12-31

J75C

Public

Extra

11-26

12-15

'

45C

(year-end)

;

of

Standard

12-20

12-10

(quar.)—

--*1-

Portland

33A%

12-23

(quar.)

(quar.)

Shellmar

11-26

12-14

B

Sheller

11-15

■:X? X-

12-23

1-15

Inc. (quar.).....J.!
Corporation, class A (year-end)

Extra

11-15

1-15

12-30:

■

Extra

1st

Public Service Co. of

2

12- 2

$2.50

Pressed Steel- Car Co.—
-xXXX
4%% preferred A (quar.)
Preston East Dome Mines, Ltd....

:

11-18

$$1.50

(quar.)..

(quar.)
Utilities—

Prentice-Hall,

2

12-

£40c

Co.

convertible

11-15

11-12

of

11-13

;X

*

(s-a)

Standard Oil Co.

17%0

Servel, Incorporated, common
$4.50 preferred
(quar.)
Sharon Steel Corp...
"Shattuck (F. G.) Co.: (quar.)

11-15

1

11-22

2

750

Class

1*

12-

$3UC

preferred

12-16

12- 1

$1.50

Power Corp. of Canada, common
(Interim)..
6%
1st preferred
(quar.)
non-cum.

SerricK

11-

6

$$1.50

—

Seismograph
(R. B.),

11- 1*

—

Extra:

Semler

12-16

12-20

Class
^...x
25C
.Potash Company of America
(quar.).......
35c
Potomac Electric Power, 5%%
pfd. (quar.)
$1.37Va

"

11-20

11-27

12-20

4

12-

12-ia

12-16

&

11-20

12-20

37 %C

(Del.)—

i4i.-uii.ii

—

,

12-20

40C-

(quar.)

pil Co.. (New Jersey)

Xv:: ,1,:. ;Extra,
Paid out

tn-SJ.

2

12- 2

65C

Kansas

(Ky.)

lr

I-

40c

25C

Co.

—

12-

62 %c

;

Standard Wholesale

(Laura 1

2

25C

12-

Indiana

Standard

preferred (s-a)
preferred (s-a)
preference (s-a)

Trust, Ltd.,

2%

2

12-

$1.50

Co.. $5 1st preferred (accum.).
Canadian International Investment

12-31

10c

4

12-10

50c

' >

,

Gas

12-31

10c '

12-

1-

$250

$3.65 pfd.
(year-end)-..

s-a)

of

Co.-of

preferred

Standard

$$1.25

(quar.)

California

Oil

Oil

WJimil
Holder*.
Payable of Ree,

*

Share

Co., Ltd.—

Oil

Extra. i>

4

2

12-16

Extra

11-15

12-

1-

$»'X.U6

2nd

12-18

$25c

12-17

1st

7%

Secord

......

preferred

6%

Seattle

Ry.
..........

12-10

(quar.)

preferred

Second

$1.37%

—

$3.50

11-30

$1.25

of

Extra

11-27

12-15

12-23

u

Scytes Si Co., Ltd.i Xpmmon (qu&r.)..._.L.
'
0%' preferred
(quar.).......
Seaboard Oil Co
(Del.) ' (quar.)
Sears: Roebuck Co. (quar.)

,

Steel Co.—

4-.—

Preferred

X

12-20

Screw & Bolt

(stock 4ividend)ii^^wA
Quarterly
Poor & Company—
$1.50 class A preference fquar-i—"

Pratt

11-15
12* 6

2

Standard

1

Manufacturing,

Common
1-

12-18

75C

Lace

Oil

Standard

X;'(X 25c

Scruggs-Vandervoort-Barney, Inc.—
6

Standard

12-10

50c

■

/

•

5%
preferred
(quar.)
Standard-Coosa-Thatcher " (quar.)
Standard Dredging, $1.60 conv.
pfd.
btanaard Miiimg Co.
(initial)—

11-22

$1

liw.

common

preferred

Scranton

10-16

12-2

1-

12-10

Company

Standard Chemical

Standard

"..Liu

(quar.™

Paper Co.,

Scovill

2

12- 2

r

6%

1-

$1.12%
v^vrlOc

2

2

>

-

(quar.)„

Company

$3.40

11-13

12-12

Plymouth OU CO^

Powell

2

Scott

5

J35a
256

(quar.)..

.

■

12-

$1.25

Co.

11-15

2%

preferred

3%%

Co.__

12-

Extra

12-14

12- 6

'.,X:$1>

Pleasant Vaney Wine.li...........

6%

11-30

1

1-15

$1.50

11-15

12-

Lawrence

4.10%

•

12-

.....

Scranton-Spring Brook Water Service,

(accum.)

'v'V: 25c

(quar.)

preferred *(quar.)__'

70c

RR.—

prior

Extra

1-

$1

11-14

-

dividend

Schiff

Ordinary

preferred (accum.)
Pittsburgh Youngstown & Ashtabula
7% preferred (quar.)
Placer Development, Ltd,
(s-a)
'■

11-15
11-12*

11-12*

'

convertible

Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh

2
2
2

12-16

40C

Preferred

Pittsburgh Brewing, $3.50 pfd.
Pittsburgh Coke & Chemical—
•

11-15

12-12T

500

".XfHr • 5%

Lake

&

2

12-

93 %c

11*15

12-

*

Paper Mills, Ltd.—
6%
preferred
(accum.)
San-Nap-pak Manuiacturing Co.—

12-

91'Ac,

Hosiery Co. (initial)..
pillsbury Mills, Inc., com. (increased quar.)
$4 preferred (quar.)
Plnchin Jtfnnson Co A Ltd.-—
•
X; registered

12-

20C

common

Phoenix

•

12-

25C

Suburban Water,
$3.65
preferred
(quar.)
Philco
Corporation,
common
33A % preferred A (quar.)

preferred

...—

Lawrence Corp., Ltd.—»
4% class A preferred (accum.)

Philadelphia Suburban Transportation—

Philadelphia

common

St.

„

11-16

12-

j50c

v

Saguenay Power, Lta., 4'A% pro. (quar.DUif.
Croix Paper Co. (extra)
.mil;
St. Joseph Lead
Co
..J
Jf
St. Joseph Water, 6% preferred
(<(uar.)

RR.

(quar.)

12-

12yao

•

•

(quar.)..

St.

11-29

350

.

37y2C

Per

Name of

12*10

(quar.)

Royalty Corporation (resumed)
Safety Car Heating & Lighting..^:
Safeway Stores, common (quar.)..

11-27

300

(quar.)_
Norristown

&

12-20

Ltd. .(s-a)

Sabine

11-20

1-

:

$1.50

common

common

5

12-10

fife 40C
^

Philadelphia Germantown

12-

(Jacob),

Stock

12-6

12-

$1.25

preferred

12-15

50c

,

—.....

Ryan Aeronautical > Co.
(quar.)
Ryan Consolidated "Petroleum—«

50c

,

$$1.06 %

25c

Oil. Company,

4%%

2

12-

When
Holder*
Payable oj Reo. \

Share

(quar.)

U-i'';: Extra

■V>- 2oc

Co.,

^

12-13

25c

&

Dodge Corp,--^>.<i.-i.—
Philadelphia Company, $5 preferred

Co.,

11-20

12- 1

1-

Phelps1

$1

X

12-21

$1.50

Extra

Philadelphia

11-21';

..,,,,12-13

of Company

Paper Co., Ltd.,
Roos Brothers, Inc.
(quar.)
Roxy Theatre, $1.50 preferred
Royal Crown Bottling, 5% pfd.

Royalite
Ruppert

16%c

(final)

—:—

.

(Charles)

$6

12-21

$1.06%

Co.

Per
Name

Rolland

11-30 x.;

12-21'

25c

Co., 6% preferred
(irreg.) '

V

1

Common
Pfellfer

2

$1.12%

4%% preferred (quar.)
4'A%
2nd
preferred
(quar.)^

Pfizer

12-

15c

Milk

Holders

1Payable of Rec.'

Xx $i

Extra

Pet

"Wnen

«:

Share

Peoples Telephone, 4%% preferred
Per lex'
Corporation, 4 % % pfd. (quar.)
Perkins Machine & Gear, 7% pfd.
(quar.).'
Permutit
Company
(quar.).

m:

&

f

'

12i #

Hi




fHECOMMERCIAL&flMANCaLyGBROpei^
WTien

Per

Share

Per

Holders \

Name

Payable of Reo;

of'Company

■

When

s

Holders

What?"PdyuDie >/. Ree. •,

Tablet- & Stationery-*
!
'>■ ••;
prieieiiBa iqu«;,
Trustees (incr. s-a)—
Westlnghouse Air

iWestern
o V«

,,,

Western Real Estate
*■"

.$2.50

12- 2

25p

12-14

75c

12-14

11-15

1- 2

12- 0

Year-end.

t^eston fGebrge), Ltd,,' commoniquar.)—»
$20o
4*4 % jpreferred (quar.)
.— $$1.12 *4

$1.75

12-10

250

$2-10

65b
$4c
70c

12-2
1-2

50c

12* 2

500

1-2

20b

12-13

$1.25
$1.25

1-

2

Willson

Wiisii,
■'5 %•

12-16

10%

12-10

11- 4

$1.02

12-18

93 %'e

12-16

12-

22*40

12- 2

11-16

$39

1- 2

2

Inc,U

30o

—

Brothers,
& Co.,

(irreg.)

Inc., common

il-ia

11-30

t-

20c

6 $1,06 ft

12-

$500
' $$2.50
$1.12%

«...

Common

—1

(1897).. (quar.)..—.....—.
preferred (quar.)Newspaper Machinery Corp*, com.—
5% convertible preferred (quar.)
Wobdall industries, Inc. (resumed)

12-

Wdodsi 3$artufac^

12- 7

Woodall Industries, Inc.— /
;'
5 %
convertible
preferred
31%c
(quar.)
Woodward Governor Co.
(quar.)
25c
Woodward & Lothrop, common (quar.)
-50c
Extrd"iyi--_^--«J——'
50c

__——

1- 2

12- 7
11-20
11-20

il-15

25c

12-18
12-13

22J4c

1-2

7%

^

$5

12-14

40c

12-20

500

1A

12-

3

Extra

v

wdbiworch

11-

Wooiworth (P. W.)
WOrthington Pump & Machinery—
Common
(quar.)
;.

4

11-30*

(P.

W.)

tdUftr.)—Co., Ltd., 6% pfd* (s-a)
Co.

t

12-14

$2-1

11-15

12-23

12-20

.i.'..

$0-14

T$2
62*40

12-1
1- 1

11-15

750

12- 9

12-14
11-18

$1
$2

1- 0
12-9

11-I8
11-18

Wright

8

Wrigley, (Wm.),

Common (monthly)
Common (monthly)
WTlrlitzer- (Rudolph) (qudft )■:-—'
Yarg Producing & Refining (liquidating)
iteiiow cab Co. (San Prahuisub;—

12-10

11-

30c

12-16

12-

2

43%c

12-16

12-

2

$1.55
$17*40
25c

12-12

11-27

12-16

12- 1

25c

12- 2

12-16

12- 2

75©

1-1

12-29

250

12- 1

11-15

11-15

37*40 '

50c
$1.12(4

12-20

12- 2

4*4% ypriof :preferred tUuaL)----_-,fc-^-y
Wbrumbo Manufacturing
50c
5% prior preferred (s-a)
——$2.50

12-16
12-*i
12-; 1

12- 2

i

12-

convertible

Common

(initial);

(quar.).

50c

y

Aeronautical

Wright-Hargreaves

preferred

prior

Corp.

(reduced)

$5

Jr.,

Common

(monthly)—".

*

25c

Company—

12-15

11-25

12-15

12-

5

12-

5

1-2-47

25c

1-

$1

2

12-6

11-26

$2.50

12- 2

y 11-20

$L37(4

12- 2

;

$2

2- 1

11-20
1-17

25c

12-9

11-25

•'

t

1-00

i2-v$

11-13

13c

12-27
1-1-47

$1

12- 2

$1.75

11-15

2

12-10

12- 1

$2

12-14

11-30

$10C

12-30

11-29

20c

12-1

11-15

170

12-16

30c.

12-2

11-21

11-23

1'

12-20

62y2C

1- 2

12-

2

12-$7

37'4c

2-1-47 1-15-47
37V2c* 5-1-47 4-15-47
3714c

8-1-47

7-15-47

12-15

12-5

13 Y4C
13*40

*

30CI
$2.50

12-15

12- 5

12-

2

11-19

12-20

12-10

$1.75

1-20

$1
t$l

12-13

11-30

1-2

12-14

t30c

12-16

50C

12-17

50c.

12-16

$1
37*40
750
20c

12-16
.1-

4

12-2
12-

2

$1

12- 2

$1.13

12-2

75c
50c y,

3iy4c

4-19

7-21
12-16

12* 3

12- 2
" 12-

2

11-30

11-23
$1-23

12- 2

-

x

Less 30^ Jamaica Income, iax.

12- 0

,

•Transfer books not closed for. tjbls. dividend
tPayable lh U. S. funds, less 15% Canadian non-residents' tat.

1-4
l-

4

2-

i

tPayable lh Canadian funds, tax deductible at the source.
Non¬
ta$: 15%; -resident; tax, 7%. a Less Brltlab income tax.

resident

11-15

12- 2
12-

'

$1.25

y

-

12- 3

$1
$3iy4c

..

.

1-21

11-14

12-

50c

12-20

*

preferred (quar.)__
37(&c
1-31
6%
convertible preferred
(quar.)
37»4c 4-30-47
6%
convertible preferred
(quar.)
37(40
7-31
Yolande Corporation (initial)
20c
1- 2
YorkvCorporation ..—15c
1-15
York Corrugating C6..«——..., 30c ; 12-10
Extra
——
i
40o
12-10
Young-Dpyidson Mines, Ltd. (interim)
$26
12-20
Youngstown Sheet & Tube, common (quar.).
75o
12- 6
Extra
50c
$2- 6J^eigler Coal & Coke (year-end)
20c
12-10
dioii h cooperativej Mbrcailttie Tnatitutibh-; :
Quarterly
75c ' 12-15
'

11-20
12-20

2-1-47

convertible

;

'$$*20

'<2®<s

'

30c

11-15
^

12-2

25c

—30c

common

Cab

11-15

12- 2

^1- 2

—

6%

11-10'
$1-13

1

Mines(reduced),$4d
.

New

•

—

75c

12-2
12- 2

Yellow

$1.50

it- 9
$1-30

12^ 7
''

12-20

11-15

25e

5

12-24
12-24

1-10

12-16

4*4%

,

12-

12-16

12- 2

,

$1

12-16

3%

$$•50

100%

12-18

12-27
12-27
1-10

*

"

11-19

12-27

4uc

10O_.

Extra

11-10

12- 5

$25c
t50c

—- —

12-26

$2-10
11-30

12- 1

$1.75

(quar.)—
Wool Combing Corp. of Canada, Ltd. (quar.)

-

11-20
11-20

♦

,

preferred

'

11-15

.

(qtiar.)*^E—

.

50c

1-15

1

12-1,
SIftc
12- 1
15c
1- 2.
iSOdr"12-31

11-25

12- 2

11-15

10c

1-2

,12-2

11-25

1-31

90c
,

12-31

,

11-15

12- 2
' ;-*y"

$1.50

.

11-18

12- 1

25c

preferred

Wood

11-25 '

12-31
'

—:

12-10

5

12-16

WiSconsih Electric Power Co.-—

$2-10

$1.25

\

11-18

1- 1

75c

50b

$1.75

12-

11-20
11-20

25c

1.06 y*

2

12- 1
12- 1

....

3.60%

12- 7

11-19

! 12-10
12- 1

12-16
12-16

12-24

12- 2

12- 2

30c

_

Winnipeg Electric Co., common (initial)--.
5%
non-cum. preferred
(s-a).
Wisconsin Co.; 4*4% preferred (quar.)——

6%

11-27

12- 2

62(4c

common

68b

.

12- 0
12-14

$2ftc

'(s-a)

$4.25 preferred (quar.)
Wilson-Jones Company (year-end)—

12- 2

$1

y

^

.

$1
25c
$1.50

(auarJ_----_-----.--y-.--------

preferred

Wilson
11-27

Products,
Ltd.

•Wilson

4-1-47 3-17-47
7-1-47 6-16-47

$1.25

•

,

,

y

Manufacturing..".....
*
Williamsport Water, $6 preferred <quar.).„

1-2

53c

.

Lace

Wilkes-Barre

2

53b

,

1

1-2

58Y3C

12-10

;
,

(Stock dividend)-^-One additional share bi
aa par Common stock hrt'fedcu biitstbhding share of $5 par common stock
Wilcox & Gibbs Sewing Machine Co
*...

12-16
12-

11-25

.

12-27

58'/3C

11-25

12-9'

.

■; Extra.
Wilbur-Suchard Chocolate Cd.^

12-10

250

12- 9

40c.

•

-

1-15

40c

..

.

1- 2:

200
*

—

12-" 2

Chlorine " Products^i.-——35o y :■ 12- 2 ^ 11- 0
f■
Weyerhaeuser Timber
■ ■
25c \ 12- 6. >■■ 11-23
Whltaker Paper Co. (quar.)
....
$1.50
12-27
12-10

12-10

50c

(quar,)

Extra

11-15.,

Westvaco

12-31

75c

Instrument

Electric

Weston
12-14

11-20

1-10

General

Corporation and

Investment News
(Continued from page 2836)

.

Msnday, hecettbefj!,if)4j>

BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
X

*

■•£

ipal Utility District, namely: Ala¬

Special

fc^vfcond tOtfering^:® ^nsbri]
President
of the

at public

the

six

cities within

In

of' the

A

payable

County, is required.
ARKANSAS

C

Arkansas (State af) L
Defeat County Tax for

....

Voters

.

Roads

—

At

the

recent

general

Munic¬
men¬

imminence

* of

special analytical .re¬
port just released by Heller, Bruce
& Co., of San Francisco and New
York, is particularly timely and 4s
entitled "The East Bay

Municipal

and Its
.

It

was

Special

.prepared

by Stillman Drake, analyst of Hel¬
ler, 'Bruce & Co. Especially inter¬
esting is a /detailed schedule of
the. overlapping;debts of the 'dis¬
tricts -after giving effect to the
contemplated new issue c of -the
Special District, and the recently
-authorized $12,000,000 bond issue
of the East Bay Municipal
Utility

District for the financing of-'the;
election ..the ; voters
rejected a! Second
Mokelumne
Aqueduct
measure which would '
have per-]
Project. This issue, it is also un¬
mitted counties to
levy a 10-mill
derstood, 'may roach the market!
4ax,jfor road purposes..
1
in the near future.

West 'Memphis, , Ark.

,

zFresno, Calif.

^»iwr^RalI^'7'crininil 'Project

,

(Shows Progress—A
$650,000 riverjrail terminal project, which this

iJ-ity plans to tipance
"bonds, moved

Bonds Voted —The

r^yehue

step nearer when
Memphis City Council
Japproved 'Nov. *8 the appointment
Arthur

a

E.

Heagier, of

Little

Rock, as engineer for the project
and accepted a Federal .Work Ad¬
ministration advance of $17,000
tor preparing ^lans^and
specifi*
•

■

Rations,Jy •* :&. ^ ■;*
John

1

W.

the West

Lynch,

vi

-

■

Secretary of

Memphis

Chamber

of

Commerce,
announced
that
Heagier woiild begin work imme¬
diately on engineering data to be
presented at

a

hearing before the

bonds offered for -sale ori Nov. 25

;-H.3SL'Engineers, prdbably in Feb-

164,. p. 2596—were awarded to
the Pajaro Valley Savings
Bank,
f; A. potential tonnage survey by
of WatsonvHle," as 2s, " at a price
the ;local comrrierce: chamber has
of par. Dated Dec. 15, 4946. De¬
indicated tthat nTarge volume^bf
freight traffic would pass through nomination "$1,000. Interest pay¬
able J-D.
These bonds are due
the proposed .river-rail
terminal,
giving Arkansas points benefit of $5;000 tfrom Dec.15, 4947 ito 1966,
inclusive. ; The netft ^highest bid¬
% wdter freight rates.
•ii.r ,/•' :
V-s der was 'Blyth & Co., ''for $55,000
2s;fand $45^000 a^Si at>a price-Of
CALIFORNIA
—*v,.

election

25,000 street improvement bonds.
Due $2,500 from July 1, 1947
to 1956.

Danbury, Conn.

'

T

Contra '• Costa
'

School

O.

bonds

of¬

>Dania, 'Fla..

_

Water

Certificates

mentary Sch. -Dist. (P. 0«

Modesta); Calif.

Bond

Offering—W. T. Paasch,
County Clerk, will receive sealed
bids until Tl a .to. on-Dec; 16 for.
the purchase Of $80,000 not to ex¬
ceed

5%

interest

school

Bond Offering

C: C. EaStin,
County Clerlf, will receive sealed
.

—

bids until .2 p.m.
the purchase of

on

Dec,

$125,000

10 for

not

to
exceed 5.% ^interest school bonds.

bonds.!

-Offered

—•

p.m.
of

Dec.

on

9

for

$200,000 water

cates.

the

,

1,

1966; and .upon terms of par mid
accrued interest" without Ipremium
if

called

for

redemption

there¬

after;- and isaid certificates
bered

39

num¬

.

Analytical Report Compiled

.

^

At'the general election on Nov. 5
the voters of Special. District rNo.t
1

of the

above > district

approved
the proposal calling for the issu-'
ance of $23,500,000
sewage

dispo-;
sal bonds—v. 164, p. 2595.
This
major .issue 4s expected :to be of-]
fered for sale in the

constituting the
of

this

created

new

in

amendment

;

near

initial financing

district which
1944
of

,

under

the

.Utility District Act.
disposal project
which

a?

was

1941

Municipal
The purpose

of-the issue is to finance

District,

future,,

a

sewage

in

the Special
comprises
six

cities within the East
Bay Munic¬




$10,000

thereof

if-called

for

re¬

serve

on

bonds and

Dec. 10.

Whitefield County (P. O. Dalton),

man

£66k County Sch. OtsK

No. 161
(P. O. Flossmoor), til.
Bond Offering—Ruth J. Spucte,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
til 7:30 p.m. on Dec.: 9, for the
purchase of $255,000 coupon
building bonds.
Dated
June X,
1946.
' Denomination
$1,000.
In¬
.

be

so

These bonds

terest rate to be bid.
are

due June 1, as follows: $10,000

in 1955, to 1957, $15,000 in 1958,
$20,000 in 1959, $25,000 in 1960 to

1963, and $30,000 in 1964 to 1966.
Principal and interest payable at
the bank

or

trust company mutu¬

ally agreed

upon
District.

and

the

the

bonds

is Ito

by the purchaser
The legality of
be approved by

& Cutler, of : Chicago,
approving opinion will
be furnished the purchaser with¬
out charge. A certified check for
Chapman

their

and

$5,100, payable to the v District
Treasurer, must .accompany the
bid.
\
New Athens

Township (P. O.

New Athens), III.

Bond Legality Approved—The

gality by Charles & Trauernicht,
Dated "June 1, 1946.

of St. Louis.
!

an

voters are

of

$110*1000 school improve¬

•

of

issuance

Rushville, III.

Voted—At
the

voters

to

issue $60,000 sewer system con¬
struction bonds will be submitted

the Nov.

5

approved the

to the voters at an election sched¬

uled for Jan. 28, it is

reported.

of1 $400,000

INDIANA
Marion School District, Ind.

ILLINOIS
Bloomington School District, lit.
Bond 'Sale-*-The Harris Trust &

Savings Bank, Chicago, and C. E.
Bohlander & Co., of Bloomington,
in joint account, were
awarded
on
Nov. 26 an issue of $750,000
2% improvement and construc¬
tion bonds at a.price of 105.839, a
of

The

Election —A proposal

Memorial
Hospital bonds, it is reported.

basis

—

$69,000 water revenue borids.
Bond

yCoeur'.d'Alene, Idaho

Bonds

Passed

Village Board recently passed on
ordinance calling for the issuance

IDAHO
i

Oblong, III.

Ordinance

Bond

election

said to have approved the issu¬
ance

election

about .'1.354%.

Dated,

Jan. 15, 1946. Due Jan.

15, as follovjs:
$15,000
in '1947; $20,000,
check ;for 2% of the ;amouiit/XOf
of transcript of
1948; $25,000,1949; $30,000 in 1950
proceedings, will the
certificates.
be furnished the successful bid¬
and 1951; $35,000, 1952 to 1955 in¬
der without charge.
Escambia County (P.O.Pensaclusive; $40,000, 1956 to 1959 in¬
.tb ^
clusive; $45,000, 1960 to 1963 in¬
cola), fla.
"Vtf- .04
COLORADO
•
Bonds Voted—It is stated by clusive; and $50,000 from 1964 to.
A. S. Edwards, Superintendent of 1966 inclusive.
Principal and in¬
Moffatt County, Craig Sch. Dist. !
the Board of Public Instruction, terest (J-J) payable at the Peo¬
; { ("P. O.
Craig), Colo. -tr-V
i
that the proposal to issue $2,250,- ples Bank, Bloomington. Legality
Bonds Sold—An issue of
$350,-,
000 school bonds was approved by approved by Chapman & Cutler
000 construction bonds was
pur-:
the voters at the election held on of Chicago.
Second high bid of:
chased recently by
Peters, Writer
104.60 was entered by an account
Nov. 19.
& Christensen, of
\
f"
•
Denver, as 114 s,
composed of the First National
l%s, and l%s. ; Dated June 15,
Havana, Fla. ^
Bank
of
Chicago
and Halsey,
1946. Denom. $1,000. These bonds
certified

so

office.
The printed bonds
approving opinion of Chap¬
& Cutler, of Chicago, will be

^Georgia
Bonds Voted —- At
held on Nov. 13 the

and accrued interest without pre¬
mium if called dor jedemption

a

bond must be

Principal and inter¬

payable at the District Treas¬

ment bonds.

may

each

and water $30,000 3% memorial hall bonds
works bonds 4s Said do be sched-^ authorized at the election held on
uled for a -vote at an /election Oh; Feb. 26, were approved as to le¬

demption on or prior to April 1,
1961;H.% l.of the principal -amount
thereof if called for redemption
thereafter and on or prior to April
1, 1966; and upon terms -of par

200,

is practicable and

sewer

to

150, inclusive, shall
bevoptional for redemption on atiy
interest payment date on or after
Oct. 1, 1956, upon terms of par

as

will
soon

as

for said^bonds in Federal Re¬
Funds payable in Chicago
the date of delivery. of said

pay

Buchanan, Ga.
1
Bond Election
A proposaLito
issue

12,

Chicago

the purchaser must be prepared to

ithe^rincipal!amouiit the^

of if called for redemption there¬
after and on or 'prior to Ott. l,

Said bonds

at

furnished.

—

-as

McCutchen, Thomas, Matthews,
East Bay Municipal
Utility Dis- ' Griffiths & Greene of San Fran¬ Chicago, and all bids
conditioned.
Enclose
!• drict(P.O. -Oakland)j Calif
J cisco, "together With certified copy,
:

No. 10 (P. O. Tampa)i Fla.
Election
A proposal to

issue $149,000 construction bonds
1, 1946.
>follows: $3,000 will be submitted to the voters at
1949, • $4,000 4n l950 an election scheduled for .pec. 10,
tb 1952, $5,000 in 1953 to 1959, according to report.
$6,000 in 1960 and 1961, $7>000 in
Palm Beach County (P. 'O. Palm
1962 to 1964, $8,000 in 1965 to
.!.
:'
.Beach), Fla. V-„ "
■.'/ ' f
1967, "$10,000 in 1968 to 1971, «nd
Bond Legality Upheld—We are
$50,000 in 1972. Certificates num¬
informed that an order grantingbered 39 to 200, inclusive, shall be
the validity of $40,000 water im¬
optional for redemption by
saidj provement bonds was issued ort
City prior to maturity in4he in-;
Nov. 8 by Circuit Ju<|ge C, E.:
verse order of their
Oct.

•

f,

after Dec.

Dated Oct.

Due

District.

delivered

and

in 1948 ;and

inclusive, shall bear *$ucfc$h-and interest /( J-P) ^payable, at the
terest at the rate of -3% per an¬
County Treasurer's office. A cer¬
rTreasurer,
is' required!
Legal
num.
Both principal and 'interest
opinion of Qrrick, Dahlquist, Neff; tified .check for :2% of the bonds
will "be payable /at the Guaranty
Brown & Rerrington of San Fran-' bid for, .payable do order of,! the
Trust Co., New York vcity.
The
Chairman of Board of iSupervi-!
Cisco will be Turnished the
sue-;
City will furnish the approving
sors, is required.,
eessful /bidder without: cost.
Legal opinion!
;
opinion fpf Chapman & Cutler, of
of
'

rpayable^%urder pf ^the^Cohnty:

be

urer's

Bond

certifi¬

the

to

est

Hillsborough ?County Sch. Dist.

purchase

revenue

12, for the purchase

$10*000*000 Series 8, construc¬
tion coupon bonds.
Dated Dec. 1,
1946. Denom. $1*000. These bonds
are
due Jan. 1,
1966.
Optional
$9,435,000 at par and accrued in¬
terest on Jan. 1, as follows: $550,000 in 1949 to 1965, or on any in¬
terest
payment date thereafter.
Bidders shall specify the rate of
interest (only one rate), in multi¬
ples of Ys of 1%.
Furnish a cer¬
tified check for $200,000, payable

conditioned.

pany "the "bid.

Marie C. •Castellaw, ■ City .Clerki
will>receiye^^ sealed bids ^uritil//8

Dated Jan. 1, 1947. Denom.
$1,000..
thereafter. Certificates numbered
Dated Jan. 1, 1947. Denom. $1,000."
Due <$5,000 bn Jan. l from 1948
to;
1 to 14, inclusive, shall bear inter-'
1963 incl.
Principal and interest Due Jan. 1, as follows: $7,000 from est
from/date thereof until paid
1948 to 1957 inclusive; $6,000,4958
(J-J); 'payable^ at the County!
at the rate of 2%% per annum,
to 1962 inclusive; and $5,000 from
Treasurer's
office.
A
certified
and certificates numbered 15 to
! 1963 to 1967 inclusive; ;
check for 5% of the bonds bid
Principal

for,1

value of the Bonds 'bid for* pay4
able' to. the Town, must accom¬

,

amount

Martinez); Calif.
r

-

-

000 and $500.
Registerable as to
principal only. Principal and in¬
Nov. 27—v. 164, p. 2739— terest (J-J) payable at Central
were awarded 4o the First Boston
Hanover Bank & Trust Co., New
Corp., - as lV40Sj at a price of York City,
These bonds have
100.279,' a 'basis bf about 1.37%; been validated by the Circuit
Dated -Dec. 1, 1946 and due $5,- Court of Gadsden County, Fla,,1
000 .on Dec. 1 'frohi 1947 - to 1966 and
their legality
will be ap¬
inclusive.
Second
high • bid
of proved
by
Caldwell,
Marshall,
100.14 for -1.40s was made
by Trimble !& Mitchell, of "New York
Charles W. Scranton & Go.
City, whose approving opinion
will be furnished the purchaser. A
FLORIDA
certified check for 2 % of the pat

improvement

and 'accrued-interest plus a .pre*
mium of 2%
of the principal

•

(P,

•

,

July 1, 1946. Denoms. $1,-

Bond Sale—The $100,000 water

system

Stanislaus County, Hughson Ele¬

County,Oak Grove■'

District

Dated

Dec.

on

of

^^te!956. v'

CONNECTICUT

100.186.
•

a.m.

$10,000 water works system bonds.
Due v$l,000 from July 1,1947

City Clerk
states that the $250,000 fire sta¬
maturity • (less'
Ghillingworth.
tion construction bonds
j
wereap-j than all of a single maturity !to .be!
proved by the voters at the gen-f selected by lot) in ;the
following Polk County Special Tax Sch. Dist\
erabelection on Nov. 5.
manner
and upon the following
No. 57
O. Bartow), Fla. ; \
Bond Sale—The $100,000 school
Los Angeles County, Hudson-Ble- terms^Certificates ■ numbered 151;
to-200, Inclusive, shall be optional bonds offered for sale on Nov. 20,1
mentary Sch. Dist. (P. O.
g
for -redemption on any interest were/awarded to the State Board
Los Angeles), Calif.
payment 4date or or after Oct; 1, of Education as 2^8/at a price .of
Bonds "Voted—An issue of $200,1951, upon terms of par and ac¬ par. Dated Oct. 1, 1946. Denom-!
000 construction bonds was ap¬ crued interest
plus a premium of $1,000.
These bonds are due on:
proved at the election held on 3 % of "the principal amouftt there¬ Oct.
1, as follows: $6,000 in 1949
Oct. .24.
of if
called for redemption
to 1958, and $5,000 in 1959 to 1966.!
on
or prior-to April
1, 1956; 2% of At 'the 'previous offering held on'Santa -Cruz County,
Salispuedes
thd'Aprincipal-amount5thereof if Nov. 14, all ; bids received were;
Union Element arySch.Dist.
called for redemption thereafter rejected.
(P. O. Santa Cruz),Calif.
andjon ioriprior
April ;?L tL961;
Bond Sale—The $100,000 school
GEORGIA
L% of

the West

of

the

County
bonds

fered

a

[Trust Co., New York City. The Utility District
County will furnish the approving District No. 1,"

certified check for $2,000,
to

the

'

.view

District,

&

These

the held bn July 26.

this Jirst finanding 'by the Special

-

Reed* Boyt
[Washburn,, of New York City.

and

ipal "Utility District above
tioned.

or

of

1

directors, but the bonds
Special District will be the
obligation of and supported by

County Treasurer's
office,
the
First National Bank of
Birming-i
ham, or at the Chemical Bank &

Jegal Opinion

No.

of the

one-tenth of ,1 %. v
Principal and
interest
-(J-J)
payable
at
the

the

; the

at

>

board of

auction until 10 a.m.
on Dec. 12,
~the $100,000
refunding court house
-and
jail construction
bonds, to
; bear
not
exceeding 4% interest.
Dated Jan.
1, 1947. Denom. $1,000.'
These bonds are due
$10,000 from
Jan. 1, 1948 .to
1957.
Rate of in-!
terest to be in
multiples of

y4

District

parent 'Municipal Utility District
are
administered
by the same

County-Commis¬

sion, will, offer, .for sale

•

(J-iD) > payable

County (P. -0. Birming- meda, Albany, Berkeley, Emery-: Treasurers' Office.
ville, % Oakland
and
V_ Mam); Ala.
Piedmont! were authorized at
>

Sale—The

Bond

,

$300,000 build

ing bonds offered Nov. 26—v. 164,
2740—were awarded to Raffensperger, Hughes & Co. of In¬
p.

dianapolis, as PAs, at*a price of
100.877, a basis of about 1.124%.
Dated Nov. 15, 1946 and due semi¬
annually from July 1,4948 to Jan.
1, 1960 inclusive. Second high bid
100.853 for 144s -was made by

of

Mullaney* Ross # -Go., and Ken¬
neth S.

Johnson, in joint account.;

.

,

,

„

.

,

,

are

due $7,000 in

1947, $8,000 in

1948,
$10,000 in 1949 to 1953,
$15,000 in 1954 to 1956, and $20,000
in 1957 to 1968.
years.

Principal

Callable after 10
,.a n

d

interest.

Bond Offering—H. W. Womack,
Town Clerk, will receive sealed

bids until.7-pun. on Dec. 11, for
the purchase of the following 3%
coupon -

$35,000:

bonds
-

/amounting
,

,

to

Bond

Offering—Delia

for the

purchase of $10,000 not to
2%
interest
building
bonds. Dated Nov. {15, 1946.
De¬
nomination
$500.
Due $500 on
July 1 1948; $500 Jan. 1 and July
exceed

1 from 1949 to 1957 inclusive, and

Bond Offering—Jas. J.

will

of

the

receive

$500

Jan.

1,

bonds

1958.

.Interest

J-J.

.•

Chicago Sanitary District, III.
Clerk

Turner,

Trustee, will receive sealed bids
until 10 a.m. >(CST) on Dec. 16

The

Stuart & Co.

Township

(P. 0. Markland), Ind.

,

t

Towns/lip School

York

Board
sealed

of

orem

Sullivan,
Trustees,

bids until

11

the

school

property.
$500.

are

unlimited

taxes to be levied

township's

A

navable

certified
to

ad

on

taxable

check

order

va!>~

all of

of

for
the

/

®//:

s

Y^sr
'

iisiiti®

v>,\"

>;•'8/;■/■,>/
/v,

v^.*1''

iS'&'

2876
r-.ltV"

" ' ■:'

•'

.THE COMMERCIAL A FINANCIAL CHRONICLE

/i'/:

■■"■>'

'.■

Wm.AWJ'.U

,

i

_■ w

,

»»

,»•*'

i

,

.

School Township, is required, Le¬ ^

"Without 'charge, ■

//e&fflrl

■

Hamilton County

^JJtonds1. Voted

;

} Paris, Ky.
;.Y,
Bonds Voted—An issue of $70,Bonds Voted—A; proposal fo is¬ 000 sewerage extension bonds was
sue $383,000 construction bonds is
approved by the: voters at. the
reported to have carried at the ■election, on :Nov.. ,5.v

b.

'

1-

•

•

•

%

son

&

•&

-

—

,

'

'

kins & Co., o£ Boston, R, S. Dick¬

•

,

■

Nov. 5.

on

•

.

«

)

'

cpunty hospital bonds, carried at
the election held

^Monday^Decemfcer 2

of interest to be expressed in mul-*
Co., of Charlotte, McDonald tiples of y4 of 1%. Principal and
Co.,i of Cleveland, Milwaukee interest (M-N)' payable at thd
Co., - of Milwaukee; and Chace, Chemical State Savings Bank* ;
Whiteside & Warren, of Boston, as Midland. Biids must be condition¬
election on Nov. 5. ;r:
IV2S, at a price of 100.039, a net ed upon the unqualified /legal y
LOUISIANA
interest cost of about 1.495%:
opinion of the purchaser's attorn
Waterville, Kan.
'..IJ.v-i' .Lecompte,
Bonds« Voted
It is reported
$1,500,000 loan Act of 1946, park- ney. Cost of opinion and printing
ing facilities bonds. Due $75,- of the bonds to be paid for by the X;
that $25,000 Iwater. system bonds 1 Bond Election — An - issue of
sewerage disposal plant
000 frop^Dec^l, 194T to 1966^ district. A certified check for 2 % §
were approved l>y' a very heavy $90,000
bonds will be submitted to the
of the bonds bid for, payable to
inclusive. 1
'
majority at the general election
voters at the'election to be held
order of the District Treasurer, is >
on Nov* 5Y
5Q0.000 permanent -housing" for
VVl
on Jan. 7.
*»!>*■'•
Veterans of
.
.
■ ''
•' •
World : War VII required. /
7 •• -8
^
" Wichita, Kan.
;;':T
bonds. Dueon Dec. 1, as fol¬
'■■■■■'
'
Louisiana (State of)
Petoskey, Mich. ':/:/ '/"•
Bond Offering—M. P. Jones, Di¬

The ; $175,000

—

)Yakeeney fSch. Dist. (P. 0. J.Y,
*
Wakeeney), Kan.
-

;

(P. 0. Webster

"»•GitJ), Iowa

8;,

f-.l

gal. opinion of Ross, McCord, Ice
&1 Miller of Indianapolis will be
furnished the successful bidder
■

v

,'V.'

i,'"-

•i//

■

•

'

,

Humboldt

County (P. O.
City), Iowa

(

Dakota

-

:

•

lows: $35,000 in 1947 to 1956^
Report on Bond Approval—We
$100,- rector of Finance, will receive
and $30,000 in 1957 to
1961,
©00 county hospital bonds, to bear sealed bids until 9:30 a.m. on Dec. are informed by A. L. Junod, As¬
inclusive.
-■.:. 8
sistant State Treasurer, that the
':;..;;v8/
not exceeding 6% interest, was
3, for the purchase of the follow¬
500,000 funding loan bonds. Due
approved at the election held on ing internal improvement bonds, official tabulation shows that the
$100,000 on Dec. 1, in 1947 to
Nov- 5.
These bonds are" due in to bear not exceeding 5% inter- vote on the $25,000,000 highway
bonds submitted on .Nov. 5 was
1951, inclusive.. 5 ;
t
*
'20 years.
••
/'///;
estf^s;;^^
155,000 subway, Act of
1933
72,062 to 33,290, and on the $10,Johnston Consolidated Sch. Dist., $334,470.54 series No. 515, curb",
bonds.; Due on Dec. 1+1976.
000.000 hospital bonds the : favor^
Iowa
n
gutter,
paving- 'and
sewer able result was 62,670 to 31,432
Denomination
$1,000. ' T h e s e
Bond, Election — An issue of : / i bonds. Due Dec. 1, as follows: against." He did not state when bonds are dated Dec.
1, 1946. The
'
$34,470.54 in 1947, $34,000 in any of these bonds will be offered next
$52,000 construction bonds will be
highest bidder was Halsey,
'
1948 to 1950,^add $33,000 in
submitted to the voters at the
Stuart & Co., Blair & Co., Inc.,
election to be held on Dec. 2.
1951 to 1956.
Union Securities Corp., New York,
New Roads, La.
116,881.65 series No. 514, park
Shields & Co., B. J. Van Ingen
Union County (P. O. Creston),
bonds.
Due Dec. 1, as folBond Sale—An issue of $250,000
& Co., Otis &
\
Iowa
;/'://///•
^
Co., Geo. B. Gib¬
lows: $11,881.65 in 1947^ $12> 3%% natural gas public utility
t ^ Bonds. Voted—The issuance of
bons & Co.rInc., J. R. Williston &
;,'-000 in 1948 tO-1953; and $Hjf revenue-; bonds was awarded on
Co., and' William R. Compton &
$300,000 court house construction
000 in 1954 to 1956. " ~
Oct. 20 to T. J. Feibleman & Co.
bonds is said to have been ratified
Co., Inc., jointly, at a price of 101.Dated Dec. 1,^1946.'
Denomi¬ of New Orleans, at a price of par. 107, a net Interest cost of 1.531%.
by the voters at the election on
nation $1,000, one each for $881.65 Dated Nov. 1,1946. Denomination
Nov, 5.
•
Bonds Offered for Investment—
8^
-J*8.-'• -8Y//and $1,470.54.
Prin. and interest $1,000. Interest M-N. Due Nov. 1, The successful bidders reoffered
Urbana Consolidated Independent
(J-D), payable at the fiscal agen¬ as follows; $5,000 in 1949 to 1951, the above bonds for
public sub¬
School District, Iowa
cy, Topeka. These bonds are gen¬ $10,000 in 1952 to 1954, $15,000 in
scription at prices ranging from
Bonds Voted—An issue of $70,eral obligations of the City and 1955 to 1961, and $20,000 in 1962
0.70% to a dollar price of 95^,
^000 building bonds was favorably1
are
payable from unlimited * ad to 1966. Callable in inverse order,
according to maturity. ...
voted
at
the
election held
on
valorem /taxes.-- The - approving on principal maturity/dates, on
\ Essex County (P. O.
opinion of Stinson, Thomas, Mc- Nov. 1,1951, to and including Nov.
Evers & Fizzell, of Kansas City, 1, 1955, at 103.50, and accrued in¬ Y'8-- ' "■ :-v" Salem), Mass. J"' v",
will be furnished to the purchaser, terest, and on Nov. 1; 1956, and
Bonds and Notes Sold — The
Coffeyville School District (P. O. which will be paid for by the City, thereafter at par and accrued in¬ $125,000 tuberculosis hospital
/: Coffeyville), Kan, //',///: together with the transcripts of terest.
bonds offered Nov. 26^-y.'164, p.
Principal and interest pay¬
Bonds Voted—The issuance of
proceedings and - sighed delivery able at the office of the Trustee, 2740—were awarded to Shieds &
$250,000 construction bonds is said papers. Rate of interest to be in the Whitney
National Bank, New Co. of New York, as Is, at a price
to', have been approved by the
multiples of Vs of 1%. A certified Orleans. These bonds, authorized of 101.171, a basis of about $0,768%.
Voters at the election, on Nov. 5.
check for 2% of the total bid, pay¬ at a recent election, in~opinion of" Dated Nov^ 15, 1946 and due on
Kr<
able to the Cityr is required. -\r ^ „ counsel, will be valid and
legally Nov. 15 from 1947 to 1956 inclu¬
fDoniphan County' (P. O. Troy),
Bond Issuance Bending—^It is binding special obligations of the sive. Second high bid of 100.267
rj Bond
Voted — The issuance of how stated by C. C. EUus, City Town, secured by mortgage on the for Is was made by Coffin & Burr.
The $40,000 tuberculosis hospi¬
$360,000 road improvement bonds Clerk, in connection v with the natural gas transmission and dis¬
was
authorized at
the
general $1,240,800 water works extension, tributing sys,tern which is to be tal maintenance notes offered Nov.
and the $1,80,000 sewage disposal constructed fyith proceeds of this 26 were awarded to the Cape Ann
selection .on Nov. ,5..
works bonds that were ratified issue and
will; be payable from National Bank of Gloucester, at
Garden City,. Kan.
by the voters on Nov. 5—v. 164, revenues to be derived from the 0.49 % discount. < Dated Dec. ; 2,
■;/: Bonds Voted—The City Clerk
p; 2597—that the ; city contem¬ operation
of said system; after 1946 and, due April 1, 1947, The
grates that $160,000 water system
plates issuing the water bonds as there have first been paid from Beverly National Bank of Beverly,
improvement bonds carried at the follows: $640,000 in 1947, / and said revenues, the reasonable ex¬ was second high bidder, naming
election on Nov. 5.
'
$600,800 in 1948.
The $180,000 penses of administering, operating a rate of 0.496%.:
;
i'f.J'
sewage bonds will be issued in and maintaining said system. Le¬
Garnett, -Kan,
;
Bonds Voted—An issue of

"Bonds Voted—An issue of $400.,*

lighting system bonds carried

000

-■

at the election held on Nov, 5.

■

•

fM®'f:
•6"v

MINNESOTA

■

y.

■

'•••

•

>

■

:.:k'Pt, PP.

/';/

Brown County lndep. Sch. Dist+
No, 24 (P. O. Sleepy Eye),

*

Offering

Bond

C.

—

W.

-

Kiefer*

Clerk of the Board of Education*

-

■

v

-

!

■■■

v

v

receive

will

p.m. on

.

'

.

•

'

«v.

.

■

-

-,

Bond

.

Sale—The

Soden-Zahner

1947.

gality; approved,, by* Chapman &
•vO; .\"■'" 'Vi-'^V.l;/, -'^
'
;
Wyandotte County (P. O. Kansas Cutler, of Chicago.
>#■$.
I City); Kant h
: 'w:
White Castle, La.
\
:
Bond Sale—Th<e $345,700 bridge
Bond Election—The issuance of
bond§ offered fph ^sale recently,
the following bonds aggregating
were
awarded to the. First Na¬
$80,000, will be submitted to a
tional Bank of Chicago, and Bar¬
vote at an election scheduled for
ret, Fitch & Co., of Kansas City,
Dec. 3: $49,000 street improve¬
jointly, as Is, at a "price of 100.04,
ment, $16,000 concrete sidewalk,
a basis
of about 0.992 %.
Dated
and
$15,000
drainage
system
Dec. 2, 1946.
Denom. $1,000, one
bonds.
for $700.
These bonds are due
Dec. 1, as follows: $30,700 in 1947,
MARYLAND
and $35,000 in 1948 to 1956. Prin¬
Montgomery County (P. O.
cipal and interest (J-D) payable
Rockville), Md.i
at
the
State Treasurer's
office.
: V Bond; Sale —The
$731,000 re¬
The next highest bidder was Har¬
funding of 1946 bonds offered for
ris Trust & Savings Bank, Chi¬
•

chased

Kansas

City,

Nov.

on

16

Mo.,

an

pur¬

issue

of

.

.

■

fcfe of

-•

Y>.

•

.

v,

1V\ %

$1DQ,000

workshbohds at

coupon
a

.water

price of TOO.17

and then re-offered the securities
at

prices to yield from 0.65% to
according to. maturity. The
bonds are dated Dec. 1,
1946.
1-20 %,

/ Denom. $1,000. Due $10,000 yearly
on

Dec, 1

clusive.

from

1947

Principal

to

and

1956

in¬

semi-an¬

nual interest payable at the State

treasurer's office. Legality to be
approved by Stinson, Mag, Thom¬
son', McEvers & Fizzell.

'-Y >hv/-Y:-; Hiawatha, Kan. i
♦

,

v.

Bonds Voted—It is reported that

$200,000 water system bonds
ried

at

Nov.

the

general

election

car¬
on

5^

election held

on

Nov. 5 the

voters

said to have ratified the issu¬

are

ance of

cago; and Burke
& MacDonald,
jointly, for 1.10s, at a price of

100.019.

Hutchinson, Kan.
/Bonds Voted —At the general

$321,000 library construc¬

tion bonds.

KENTUCKY

^Bonds Voted—At the general
election

the voters are said to
given their approval to a
proposal calling for the issuance
of $750,000 county hospital bonds.

have

JRush

County CP. O. La Crosse),
:■

Kansas

Bonds Offered for

Subscription
$175,000 1%% semi¬
annual hospital bonds is being of¬
fered for general investment by
=43ae Crummer Co., and Stern Bros.
—An issue of

& Co/, both of Kansas

ly,

a

syndicate

com¬

Suburban National Bank, of Silver

Ky:

1

$300,000 not to exceed 2% inter¬
est coupon building bonds. Dated
December 1, 1946. Denomination

$1,000.
lows:

incl.,

Due December 1, as fol¬
$15,000 from 1947 to 1949!
and $35,000 < from 1960 to /

incl;

1962

>

01*

on

Optional at par and

interest

accrued

any

on

Dec.

subsequent

1, 1959*
interest

Rate of interest to be

date.

ex¬

pressed in multiples of y4 of 1%.
Split rate bids Will not be con¬
sidered, i Principal
and interest

(J-D)*payable at
trust

or

the

be

must

a

company

successful

suitable bank
designated: by,

bidder.

unconditional

All

v

bids

and

ap¬

proving legal opinion of Dorsey*
Colman, Barker, Scott & Barbed /
of Minneapolis must be accepted
by the successful bidder. A certi-Z
fied check for $6,000, payable, to

prder of the District

Treasurer^ 1$

required.

,1

Glasgow(P. O. Wabasha), Minns /
B. A; Passes
receive sealed
bids until 1 p.m. on Dec. 6 for the /
purchase of $29,000 not to exceed
Bond* Offering

—

Town

Clerk, will

2

interest

coupon

road

and /

bridge bonds./Dated Dec. 1,1946. *
Denom.. $1,000.
Due Dec.. 1, as
follows: $2,000 from 1949 to 1961
incl., and $3,000 in 1962. Rate or
interest to be expressed in a mul¬
Gloucester. Mass.
Prin* |
Bond Offering ;L-' s. Emerson tiple of % or 1/10 of 1%.
Laurie, City Treasurer, will re¬ cipal and interest (J-D) to /bd
ceive sealed bids until 11 ,a.ni'. ton payable at. a place .designated by

Tap1)

-

These bonds

are

City, joint¬
due in 1 to

10 years.




bonds

are due Nov. 15; as follows:
$21,000 in 51951, $20,00a in 1952 to
1954, inclusive, $30,000 in 1955 to
1957, inclusive, and $40,000 in
1958 to 1971, inclusive.
Interest
payable M-N.' The next highest
bid was/that of Harriman Ripley
&
Co., Inc., and First Boston
Corp., jointly, for $731,000 2s, at
a price of 100.29.

,

Dec. 3 for the purchase of

$150,000

First Veterans' housing loan cou¬
pon

bonds.

Dated

Dec.

Denomination $1,000.
000 on December 1,
to 1951 incl.
rate

1, 1946.
Due $30,from 1947

Bidder to

name

one

of

interest, expressed in a
multiple of V4 of 1%.Principal
and semi-annual interest payable
at the: Second National Bank of

the

purchaser./A certified check
ib^

for $580, payable to ordCr of
Town Treasurer, is required.

,

,Nd

split rate bids! will bb considered.
The

executed

opinion

of

bonds

Dorsey,

and / legal

Colman,

Barker, Scott & Barber of Minne¬
apolis will be furnished the suc¬

cessful; bidder;

The bonds were

voted, at the Nov. 5 general elec-

'

Boston.

Legal opinion of Storey,
Thorndike, Palmer & Dodge of
Boston to be furnished the suc¬
cessful bidder,
:
'
^

Minnesota

(State of)

.

„

-

*

Richard
W. Bassett, conservator of Rural
Credit, will receive sealed bids
' ■
until 11 a.m. on Dec, 10, for the /;
,;/■/Y;f Marysvillej
purchase of $9,450,000 rural credit
Bonds Voted—An issue of $200,deficiency fund certificates of in¬
000
storm
and
sanitary
sewer
debtedness. Dated Feb. 1,1947*
bonds was approved at the elec¬ Denomination
$1,000. These bonds
tion held onxCSov^
are due $675,000 on Aug. 1, 1956*
Certificate

Offering

,

fill;®

MICHIGAN||5|fi|l

Michigan (State of)
Cities

Fight for

and

on

Feb. and

Aug. 1, 1957 to

,

Share

Feb. 1, 1963. Principal and inter¬
will
bepayable in lawful /

of
est
Sales Tax—An amendment to the
Win

money of the United States <o£
Michigan Constitution providing
America, at the office of the State/
that one-sixth of the sales tax col¬
Treasurer, or, at the option of the
lected by the State be returned; to
holder, at the fiscal,agency, of the.
scshool districts and another oner
State, in New;.York City, or io;
sixth to. cities carr^d by a majprSt; Paul.! All bids are to be sub-;
ity qf oyer ^200,000?
^ the
Noy. .5 ject to the approval of legality- of '
election.
.^
' ■'
' "*
the certificates by .Wood, Hoff¬
An estimated $53,000,000 will go
man,' King
Dawson, of New
ftM<ft§Ws(!ha6ls and cities. Mayor
bonds awarded on Nov.
12, to
York dity, whose approving opin¬
of Detroit, estimates that'
Charles A. Hinsch & Co., of Cin¬
ion: will -be furnished the success-/
D$tr<frt Will receive about $18,^
cinnati—v. 164, p. 2597—were sold
na liiASSACHUSETTS h 70
ful bidder without charge.
Eachi
at, a price of 104.277, a basis o|
90$0$) *br pearly 20% of its cur1- bidder., must give one rate of in-,
about 2.01 %
fCht ^budget
Dated Dec; 1, 1946.
././•
teresfto be. borne by-the certif¬
B»M^'.',.rS ale — The following
Denom. $1,000.
Due Dec. 1, in
bonds totaling $2,955,000, offered Midland Towhship School District icates, the rate to be stipulated in;
1967 and 1968.
The only other
for sale on Nov. 22, were awarded
No. 13 (P. O. Midland), Mich.
any multiple of. y4 of 1 % or of bidder was Stein Bros. & Boyce,
to
a
Bond Offering—Fred Northcott, one-tenth of 1%. Enclose a cer-v
syndicate
composed
of
at a price of 104.21.
Phelps, Fenn & Co., Goldman, District Secretary, will ? receive tified check, payable to the order
Sachs & Co., both of New; York, sealed bids until 6 p.m. (EST) on of the Treasurer, amounting to
Georgetown, Ky.
Bonds Voted—The City Clerk Stranahan, Harris & Co., Inc., of Dec, 2 for thef purchase of $60,000 $189,000, to be forfeited as liqui-«states That the $104,000 sewage Toledo,; HQrnblower~"&;
Weeks, of hot- to exceed 3% interest' coupon dated"dainages in case the bid bfeft
disposal plant construction bonds New York, Schoellkopf, Hutton & building bonds; Bated Dec! 2. 1946; accepted and' the bidder shall fail/
submitted to the voters on Nov. Pomeroy, of Buffalo,i
Braun,/Bos- Denom.; $1,000. ,?Due^ $12,000 on it) comply ^therewith. ^ No other-;
/ ' ')
5, were heavily approved.
worth & Co., Inc.,-; Robert; Haw-1 May 1 from 1948:to I952incl. Rate bids will be corisidered.
,

■

Nov. 26—v. 164. p. 2597—

awarded to

Springs, the Montgomery County
National Batik, and the Farmers
Bonds Voted and DefeatedY-An
Bank, both of Rockville, as 1.90s,
issue of $150,000 flood wall; 'con¬
at a price of par. Dated Nov; 15,
struction
bonds
carried at the
1946. Denomination $1,000. These
election held on Nov. 5.
The fol¬
:;8^ Ashland, [

Manhattan, Kan. ' A.., *
lowing
bonds /totaling $300,000
'Bonds/ Voted—The issuance of failed to carry:
$150,000" setvage
$300;000 m u n ic i p a 1 auditorium system, and $150,000 street im¬
bonds is: said to have been ap¬
provement bonds. ; < ;
proved by the voters at the gen¬
Caldwell County (P, O. Prince- '
eral election on Nov. 5.
ton), Ky. *" v-v v.-'-./*
Ritey County (P. O. Manhattan),
Bond Sale Details—The $14,500
®r''■"
Kansas
' '
2^% road and bridge refunding
*">">0

•

on

were

posed of the Prince George's Bank
& Trust Co., of Hyattsville, the

:

"

sale

.

'

■

until

.

*

/

:

bids

Dec. 9 for the purchase o$

.

'

sealed

.

Volume 164..
1

THE COMMERCIAL & FINANCIAL

Ni»mf»eir..43.47

Nashwauk, Minn.

.

.

Bonds Sold—It is .reported ;that

Cv

•

-

Flora

Separate Sch. Dist., Miss. '
:J/ Wilder,
Clerk, will receive sealed

Bonjd; V Off

Town

CHStiNICLl

Satterlee, and Burke & MacDon- at the Nov: 5 election," have been
ald, both of Kansas City, as 2s, at purchased by the First Trpst Co.,'
a price of 101.262, a basis of about
of Lincoln, Neb; - '■■
'X*' ■ i>

totaling $57,Dated Dec. 1, 1946 and
by the voters on and auction bids until 8 p.m. on 1.707%.
been sold to the Dec. 3, for the purchase of $30,- due serially on June 1 from 1943
All or any bonds
State: $37,000 sewer-system, and 000 school bonds. These bonds are to 1966 incl.
part of an authorized issue of $60,- maturing in'1956 and thereafter
$20,000 water supply; bonds, "
000.
A certified check for 2 % are redeemable on Dec. l; 1951,
'J Nobles County Indep. Sch. Dist.
or
on
anjr subsequent
must accompany the;,bid^
interest
; ■" ' ■
'No, $ (P* O. Worthington),
<?':'■
' '
L
\V
*r'*.-7,
date, at par and accrued interest.
Minn. /.'AA
Greenville, Miss.
A
syndicate headed by G. ,H.
Bond Offering-—Geo. E. Archer,
V; Bond Offering—B17E. Brown,
Walker & Co., of ;.St. Louis, was
district Clerk, will receive sealed City Clerk, will receive sealed second
high bidder, offering a
bids until 1 p.m. on Dec. 3, for bids until 7:30 pjn. on Dec. 3, for
price of 100.357. for 2s.
the purchase of $500,000 building the
purchase of $40,000 school
Interest rate to be stated
bonds. > Dated Jan. 1, 1947. .De¬ bonds.
MONTANA
in bid.
Dated Jan. 1, 1947.
De¬
nomination $1,000. These bonds
Cascade County School District
nomination
$1,000.
These bonds
: are due $25,000 from July 1, 1948
No. D (P. O. Belt), Mont.
to 1967.
Bidders shall state the are due $2,000 from Jan. 1, 1948 to
Bond Offering—Lavin Asterlik,
desired interest rate or rates in 1967. Principal and interest pay¬
District Clerk, will receive sealed
multiples of
or one-tenth. of able at a place designated by the
bids until 8 p.m. on Dec. 18 for
•1%.
Principal and interest-pay- purchaser, subject to the approval
tpe purchase of $143,000 not to
gable at any suitable bank or trust of the City-Council/ The approv¬
exceed 6% interest school bonds.
company designated by the pur- ing opinion of Charles & Trauer¬
Dated Jan. 1, 1947.
Amortization
Phaser. The District will furnish nicht, ^f St. Louis, will be : fur¬
ponds will be the first,choice and
the printed bonds and the approv-; nished?:
A
certified -check < for
serial bonds the second choice of
ing opinion of Dorsey, Colman, $800, payable to the City, must ac¬ the School
Board. Interest J-J. A
Barker, Scott & Barber, of Minne¬ company the bid. / :
certified check for $10,000, pay¬
apolis, both without cost to the
able to order of the above-men¬
Jackson County, Wade Consoli•
purchaser; These bond? will be
tioned Clerk, must accompany the
dated School District (P. O*
i delivered' to the i purchaser with¬
hid.
-f
/
Pascagoula), Miss.
in 30 days after the date of sale
Bond
Offering-g Fred4 Taylor,
at Minneapolis or St. Paul. A cer¬
Stillwater County ' (P. O* Colum¬
Clerk of the Board of Supervisors,
tified check for $15,000, payable
bus), Mont.
will receive sealed bids until 2
to the District Treasurer, must ac¬
Bonds Voted—It is stated by
p.m. on Dec. 2, for'the purchase the
County Clerk ahd Recorder
company the bid,
of $27,000
school bonds. Dated that
$100,OQO hot3 to: exceed 6 %
Ortonville, Minn.
Nov. 1, J946. Denomination $1,hospital bonds were approved by
Bonds Voted—The voters ap¬ 000, These bonds ale due May 1,
the voters at the general election
proved the proposal to issue $150,- as follows: $1,000 in 1948, and $2,by a wide margin.
©00 municipal hospital construc¬ 000 in 1949 to 1961.
Bidders to
tion bonds by. a two to one ma¬ name the rate of interest/ Prin¬
NEBRASKA
jority at the general election -on cipal and interest payable at the
Central City School District (P. O.
JSov. 5.
County Depository. The approv¬
Central City), Neb.
^ Owatonna, Minn*
ing opipiop of Charles & Trauer¬
Bond Sale Details^-It is now re¬
Bonds Voted—An issue of $85,nicht* r of, St, Louis, wil lbe, fur¬
cOO swimming pool bonds carried nished. A certified check for $540, ported by the Secretary of the
the following bonds

©00,

Aug.

approved
6, have

'

....

>■

„

<

r

,

.

Omaha Public Power District, Neb.
Bond
Offering
Scheduled for

mv AM'-.'

Roseland

.*,«

2877

School District, N.

r®.0^ Offering—Louis F. Kent
District

Clerk, will receive sealed

bids

until

8

about F,eb. l, : These bonds will be
offered for saleat a price' not less

p.m. on Dec. 10, for
of $150,000 school
registered bonds, tobear not exceeding 4% interest
Dated Dec. 1, 1946.
Denomina¬
tion $1,000. These bonds are due
Dec, 1, as follows: $6,000 in
1948,
to
1954, and $9,000 in '1955 to '

than par and interest, with inter¬
est rates to be fixed by^ the bid¬

D), payable at the Caldwell

ders.

tional

January—The / above,
said

of

to

contemplate

$42,000,000 elec.

early

serial
from

in

district

the

is

offering
bonds

revenue

January/; with delivery

There will be $22,000,000. of
bonds
maturing - annually
three to

the

purchase

coupon

or

1966./Principal and interest
Bank,

Caldwell.

Rate

of

interest to be in multiples of ohe-;

twentieth

20 years,

(J—

Na¬

or

Ya

of 1%.

The

suc¬

inclusive,
$20,000,000 of term bonds due cessful bidder will be furnished
from date, with a sinking with the approving opinion i of
fund for complete amortization of Hawkins,
Delafield & Wood, oof
the bonds operating in varying New York, that the bonds are vaLand

30 years

amounts from: three to

id and

30 years,

that, aggregate annual
service will bq equal.
.>
so

of

debt

.

system which will

Board

certified

of

check

Education.

for

A

'

$3,000,

able to the Board of

pay¬
Education, : is

required with,bid..

,

The bonds- Will be secured by
the gross revenues pf the District's
electric

legally binding obligations

the

/ ';,

serve

}

South River, N. /.

the

.

O

; ;

City of, Omaha and 38 cities
Notes t Sold—It
is
stated
that
apd, villages in the surrounding
The First National Bank, of South
area: oL Nebraska. It Is expected
that dpbt service coverage on the River, and the South River Trust
bonds after all expenses of opera¬ Company, purchased recently $20,000
public
works
anticipation)
tion and
;

maintenance,. including

payments in lieu of taxes but be¬
fore depreciation^ will be approxi¬

mately two times.
.

have

a

reserve

notes at 2%,

\

.

NEW MEXICO

The issue will
fund

set

•

i-*-

Portales, N. Mex.

aside

-

$t the election held on Nov. .5,

payable

to

the

Board of Super¬

visors, must accompapy the bid.

Robbinsdale, Minn,

p. Bond Offering—Eg A. Jaenisch,

New

bids until 10

of 1%,
thorized

Nov.

will

a.m„

These are the bonds au¬
at the election held on

Principal

5,

interest

and:

<J-D) payable at. any suitable
bank or other institution the bid¬
der mhZ designate;; The approv¬
ing opinion of Dorsey,: Colman,
Barker, Scott & Barber, of Minfceapolis/ will be furnished.5 f A
certified check for $2,000, payable
to the State Treasurer, must ac¬

will receive sealed bids until Dec.

2, for the purchase of the follow¬
ing bonds amounting to $4,200:
$2,200 Buck Branch Consolidated
School District, and $2,000 Derby
Consolidated,S choolDistrict
bqnds. <
'
County, Mize Special Consolidated Sch. Dist* (P. O.

Smith

bonds

hospital bonds
approved at the election held
city-county

—

offered

.

school

The $75,000

Jones

on

6,

May

were

Walton-Hamp
Co., of Jackson, as 2%s.

sold

as

2s,

Schweser

Missouri

Batesville, Miss.

1947. Due

fered

Bonds Voted—-The: electors

success

are

"

industrial

$100,000

plant

bonds

price of

par. These bonds were previously
offered for sale on July 1, and all

rejected.

bids were

hurst),
Legality Approved —An
■.

Bond

county

hospital

1%%; and '1%%
bonds approved

July 2, has been
to legality by Charles
«&
Trauernicht,
of / St.
Louis.
Dated Oct. 1, 1946.
by the voters on

approved

as

Crenshaw, Miss.
t

Bonds

Issue

Legality

*

,

Approved—An

of

$20,000 2% paving and
street improvement bonds is said
to have been approved as to legal¬
ity by Charles & Trauernicht, of
Dated Sept* 3, 1946. g

St. Louis.




;

from date of issue. Successful bid¬
to

for

printing of the
bonds and -nil publication costs.
pay

must

be

unconditional

bonds

is

general election.
Howard

to

have

been

ap¬

A.

NEVADA
Clark
.

Las

County (P. O.
Vegas), Nev.

to

the).voters

Nebraska

Voted—An

of

issue

held; on Nov. 5.

Keya Paha County (P. O. Springview), Neb.
Bond Purchase Contract—It is

Dated Jan.

bonds

ment bonds.

y -j

•

Nekawka,

N*b^^'~l

Sold—The

Village Clerk

fitntha

.

Ogailala

2Yk%.

Bonds

maturing

and

on

after Nov. 1, 1957, are callable^in
inverse numerical order on NoVt

1, 1956, or on any subsequent in-^
teresh

date, at par and accrued'ixi*
The bonds

are

being

re-

offered to yield 1% to 2% to Nov.:

1,1956, and 2.25% thereafter/.Twa
other

bids

entered

were

for

the

issue, one on behalf of. a group
composed of Boettcher. & Co.t
Peters, Writer & Christensen, Inc.,;
and Lucas, Farrell
& Satterlee*
Inc., and the other for the account
of Sidlo, Simons, Roberts & Co./
John Nuveen & Co., Lee Higginson Corp., and Barcus, Kindred &
Co.:
;

".<i "

•>'.•••'

?

i

m'*

^

i

*)

'

NEW YORK

Sch. Dist.

(P. O.

Wood, 67 Wall Street, New York
City, on! or about Jan. 2, 1947.
These bonds will be valid and le¬
gally binding general obligations
of: the
Village.
The approving
opinion of Hawkins, Delafield &
Wood, of New York, will be fur-,

Livingston Township Sch. Dist.
(P. O. Livingston), N. J.
Bonds Voted—An issue of $150,- nished to the purchaser withoiffc*
Bonds Sold—It is stated by the
000 construction bonds was favor¬ cost. A certified check for 2% of
Secretary- of the Board of Edu¬
of Paine, Webber, Jackson & Cur¬ cation' that the $250,000 construc¬ ably voted at the election held on the amount of the bonds bid for,
./ " ®
\ payable to the Village, is required.
tion fcoiids approved by the voters Oct. 29.
tis, of Chicago^jLucas, Farrell &
Bond

Sale—The

$400,000 elec¬

light revenue bonds offered
Nov.< 26 —v.; 164r p. 2453 — were
awarded^toJ A syiliiicate composed
tric

A

,\0 gallaid), Neb*

.

■

.

-

.

Bonds Voted—The issuance of
Bethlehem, Elemere Fire District;
$400,000 county hospital purchase
(P. O. Delmar), N. Y.
bonds was approved by the voters
Bond Sale—The $7,500 coupon
at the general election on Nov. 5,
semi-annual improvement bonds
by a wide margin.
offered for sale on Nov. 26/^y#-: /
NEW JERSEY
164, p. 2741—were awarded to the
National Commercial Bank, of Al¬
Little Falls Township Sch. Dist.
bany, Dated Nov. 1, 1946,
De¬
(P. O. Little Falls), N. J.
nomination" $1,500.
These bonds
Bond
Offering — Je a n e
M.
are due: :$L500 from: Nov. 1/1947 /
Henderson, District Clerk, will to 1951. The next
highest bidder
receive sealed bids until 8 p.m. on
was the State Bank, of Albany/Dec. 5, for the purchase of $400,000 school coupon or registered
Bronxville, N. Y.
bonds, to bear not exceeding 4%
Bond Offering—Jerry C. Learyy
interest. Dated Jan. 1, 1947. De¬
Village Clerk, will receive sealed
nomination $1,000.
These bonds bids until 3:30
p.m. on Dec. 9, for
are due Jan. 1, as follows: $10,000
the purchase of $182,000 land ac-'
in 1949 to 1951, $15,000 in 1952 to
quisition
coupon
or
registered!
1975, and $10,000 in 1076.
Rate of bonds, to bear not exceeding 4%
interest to be in a multiple of
interest. Dated Jan. 1, 1947. De¬
one-twentieth or Ys of 1%. Prin¬
nomination $1,000.
These bonds
cipal and interest (J-J) payable are due July 1, as follows: $11,in
lawful
money
at the Little 000 in 1948 and 1949, $10,000 in
Falls ' National Bank, Little Falls.
1950, and $15,000 in 1951 to 1960;
Each
proposal must
state the Rate of interest to be in multiples
amount bid for the 'bonds, which
of Ya or one-tenth of 1 %.: Princl- •,
shall be hot less than $400,000
pal and interest (J-J), payable at
nor more than $401,000.
The suc¬ the Gramatan National Bank; &
cessful bidder will be furnished Trust
Co., Bronxville. These bonds
with the opinion of Hawkins, Delwill be delivered at the officq of.
afield & Wood, of New York, that the successful bidder or at the^
the bonds are valid and legally office, of Hawkins, Delafield v

reports that thyf$7,000 ^Her sys¬
election to be held on Dec.
tem bonds approved by the voters
200,000 sewage disposal plants and last September, were purchased binding obligations of the Board
line extensions; $15,000 highway by the Robert E. Schweser ^b'./of of Education.
A certified check
right-of-way, and $60,000 garbage Omaha, as 2%s. Dated Dec. 1, for $8,000, payable to the Board of
1946.
Due in 20 years, optional
disposal system bonds,
Education;must accompany the
after five years from date.,
bid,.
Marshall, Mo. •"
A;
submitted

bonds.

The bonds mature

Nov.

,

County {P. O. St. Paul),

Blonds

said

and

order of the City Treasurer.
The
bonds were voted at the Nov. 5

Bonds

totaling $1,275,000,

■

proved by the voters at the elec¬
tion held on Nov,,5.
;«, w

accompanied by a certified check
1% of the bonds, payable to

Joplin, Mo.
ijg9 nA
Bond Election — The foUp^ing

bonds

er bonds.
>;
/ '
75,000 general obligation airport

terest

Bonds

of

,noi,k70vi

v;

Copiah County (P. O. Hazle-

Issue of $100,000

Braymer, Mo,
issuance

Voted—The

■

Clerk, will receive sealed
bids ,until 8;30 p.m. on Dec. 4 for 000 site purchase and construction
the purchase, of $75,000 park im¬ bonds was ratified at the election
provement bonds^ Dated May X, held on Nov. 5.
1947.
Denom. $1,000.
Due May
Scottsbluff, Neb.
1, as follows: $7,000 from 1948 to
Bonds Voted—The issuance of
1952 incl., and. $8,000 from 1953 to
stadiiim construction
1957 incL
Callable after 5 years $50,000

Voted — The
following
amounting to $50,000, were
$85,000 water works bonds is said favorably voted / at ; the election
held on Nov. 19: $35,000 park im¬
to have been ratified by the voters
at an electiori held on NoV. 12. g • provement, and $15,000 fire equip¬
Bonds

"■

f

of 1, 1947. Due serially in from two
to 22 years after date, optional
$100,000 road construction bonds
after 10 years.
was approved by the.yoters at .the
/
•
<of election held on Nov> 5v «g:
/,
|j|J
Lexington, Neb.

by the

w^s purchased recently
local banks, as 2s, - at a

■

Schuyler School District, Neb.
Bonds Voted—An issue of $250,-

City

the voters on Nov. 5.

Missouri

Houston), Miss.
Sold —• An,
issue

Bonds

Nov. 5.

*

Offering—jjA. J. Galley,

Bonds Voted—The issuance

-

19

bear 2% interest and the balaiiee

Nebraska

on

Columbus.; Neb.
Bond

said to have

on

Chickasaw County Supervisors
District No* 1 (P. O.

000 hospital bonds was approved
at the election held on Nov. 5.

on

approved at a recent stated by the County Clerk that
jCarothers, Town Clerk, will re¬ election a proposal calling for the the Wachob-Bender Corp., of
issuance of $80,000 bridge con¬
ceive sealed bids until 7 p.m. on
Omaha, has contracted to pur¬
Dec. 3, for the. purchase of the struction bonds.
f
chase the $85,000 2Vz% highway
$125,000 gas revenue bonds ; of¬
construction bonds apprqved by
Boone County (P. O. Columbia),
without
Oct. .3.
*

St. Paul, Neb.

Bondk Voted—An issue of $100,-

;

Jan. MBoiicis Voted-^-An issue of $150,1, in 1949 . to '1967^ inclusive.^ In¬ 000 county hospital bonds was fa¬
terest' payable J-J.
vorably voted at the election h£Ld

the election

Barry County (P. O. Cassville),

Sale—Henry Dahlberg; 6r
Tucson was awarded ; on*

the following bonds ag¬
gregating $375,000, the accepted
bid representing a 2.1929% inter¬
est cost to the city:
one year's interest plus the next
$300,000 general obligation skew¬
succeeding serial maturity.

Co;/ of Omaha, at par;

Dated Jan.* 1,

$100,000 hospital bonds carried at
MISSOURI

MISSISSIPPI
Offering—Mrs. Leona/L.

bonds

here—v.

sold recently to the

Nov. 5.

Bond

were

Bids

of

Nov.

serially oik/
1 from 1948 to 1966, inclu¬
164, p. 2598—
sive and the first eight maturities
purchased by-the Robert E. Saunders County (P. O* Wahoo),

noted

der

Bond

Co.

due in the third year, which fund
will thereafter be maintained at

for

Bond Sale

Benson),

Bonds Voted—An issue of $200,-

on

House,
Clerk of the Board of Supervisors,

Raleigh), Miss.

Swift County (P. O*
Minn.

was

C.

Offering—N.

the bid.

company

©00

Bond

Education^that the $175,-

auditorium

000
as

Albany Municipal Separate
School District (P. O.
receive sealed
on Dec. 5, for
New Albany), Miss.
the purchase of $100,000 perma¬
Bond Legality - Approved -u An
nent improvement revolving fund issue of $175,000 2% and 2Va%
bonds, to bear not exceeding 2% school bonds has been approved
Interest. Dated Dec. 1, 1946. De¬ as to legality by Charles , & Trau¬
nomination $1,000. These bonds ernicht, of St. Louis; Dated Oct.
Cre due Dec. 1, as follows: $5,000 1, 1946.
In 1947 and 1948, and $10,000 in
Pearl River County Sch Dists.,
1949 to 1957. Rate of interest to
(P. O. Poplarville), Miss* ■
be in multiples of one-tenth or Y4
City1 Clerk,

Board Of

within the first two years of op¬
eration equal in amount to not
less than interest and principal

;

M■

11th

Hempstead, Roosevelt, Fire Dist.
(P. O. Roosevelt), N. Y.

1.

1,600,0QQ

:,,..

Offering

fire

house

to the State Treasurer, must;: ac?

1,000,000 cptppany'the; hid.

bonds, to bear, not- exceed¬ }
at- 0;86%„ plus a- pre?v
ing 4% interest.
Dated;: Dec. 1,. t * mium. of $15.00,
1946. Denomination $1,000. These
35th
1,190,000
bonds are due $2,000 from Dec. T,
at. 0.82%, plusia pre4,
1947 to 1956.
Rate of interest, to
mium of $1.00.
-,

lk or one-tenth

T/,V'-;'

at*.

Principal and interest (J-

of 1%.

V Rochester,

.

M K. /

option of the successful bid?

der,
at the office of Hawkins,
Delafield & Wood, 67 Wall Street,

about Dec.

New York City/ on or

/—

registered: bonds,

coupon or

to bear not

exceeding 5% interest.

Dated Oct.

15, 1946. Denomination

The bonds will be valid $1,000. These bonds are due $3,000
from Oct. 15, 1947 to 1951. Rate
general obligations of the
District.
The approving opinion bf interest* to* be lit multiples of
of Hawkins, Delafield & Wood; of (.}4; or. one-tenth of. 1%. Principal
and interest (ArO) payable at; the
New York City, will be furnished
State of New York National Bank,
to the purchaser without cost*;/: A
certified check for- 2%
of the Kingston; The approving opinion
bf Vandewater, Sykes. & Heckler,
bonds bid for, payable> to the Eire
of New York City, wiR be fur¬
District, must accompany the,bid*
nished: to the purchaser without
New York City Housing, Authority cost. A certified check for $300,
16, 1946.

and

-

Award w^s made payable1 to the Town, must' ac¬
•
the; Authority to a company the bid.
Note Sale—The $700,000 fax;
Syndicate composed-of the Chem¬ !
notes
offered for
ical Bank & Trust Co., the Na¬ anticipation
tional City Bank, the Guaranty sale on Nov. 25—-v. 164, p. 274i—
awarded1 to- the Genesee
Trust Co., the Bankers Trust1 Co., were
the
Central
Hanover
Bank ;& Valley Trust Co:, of Rochester, at
Dated Dec. 1,
Trust Co., all of New York, the ,a rates of 0.60 %.
Denom. $1,000. These notes
Bank of America National Trust & 1946.
Savings Association, of San Fran¬ •are- due on Aug. 1,19474 The Oext
cisco, the Mellon National Bank of highest-bidder was the First-BosPittsburgh, the National Bank of .ton Corp., at a rate of 0.68 %,
Notes Sold

on

.

—

Nov, 21 by

;

2331—were awarded to Ryan,
Sutherland, & CO.,. of Toledo,, as

on Nov. 26—v^. 164^ p/2454/^-were
I awarded j ointly to the First Na/

Bank Of; Minneapolis,

and

First. National

St.
0.90s,
of
100.014;"a basis of about 0.895%.
Dated Dec. 1, 1946/Denom. $1,000.
the;

Paul,

Bank, of
at a > price

as;

These bonds' are due: $25,000; on
Dec* IV ih 1948: to 1950,, inclusive;
Interest, payable J-D;
The next
•highest, bidder was Halsey^ Stuart.
for is, at a price of 10Q,146;

•& Co;,

OH JO

LocdV Scft*

Ashtabula

:

600; at 0.90%:

Amount

Series

Dist.,

Ohio

|Louisville Local $ chili Disti(P. O*
- .v

—r—^

dty School'< District, Ohio

Bond Sale—The $500,000 build¬

ing bonds offered for sale on Nov.
25-r-v. 164, p. 2454-^were awarded
to a syndicate Composed of BraUn,
Bosworth'&

Co^ Inc., Ryan/ Suth¬
erland & Co., of Toledo, Fahey,
Clark & Co., and Hayden, Miller
& Co., both of Cleveland, as 2s,
at a. price of 101.212, a basis of
about 1.89%. Dated^ N6v; 15* 1946;
Denom. $1,000:
These^ bonds are
due from July 1, 1948 to: Jan. 1,
11973,
Interest payable J-J.
The
plus $9O0r followed, by the Guar¬
anty Trust Co., New York, at a- next highest bidder was Stranarate of 0.68%, plus $5.00.
han, Harris & Co., Inc., Field)
Richards; &v Co., anct the National
Rockville Centrd, N., Y.
City Bank,.Cleveland/jointly/for
I Bond Offering —4 Robert T.
l2Si at a price of 100.651;
Eichmann, Village Treasurer,/will
Chantpion Township Localt
receive sealed - bids- until, 2:30 pjn. !:/•
Sch* Dist, (?; Q, .• IVarreitJ*/?-,
on
Dec. 5, for the purchase of

-

™

•/

Education..:."-; /'

Bonds*. Voted—A* proposal to is-

/

,

-

mu

-

36th "44——44-

—

1,000,000
1,000,000

on

NORTH CAROLINA

Nov. 5.
v.'-".'.--.'.''

40th

41St

The
the

■-

...,,,,-.-4-4—41)000,000
4444?- 1,000,000
1,^91,000

39th-

ing

—.1,000,000;
4— 1,0Q0;000

following

notes aggregat¬

$2,924,000, were awarded to
Bessemer Trusts Co., of Jersey

City:

i

were

Bonds

;

:

mium

;

,

Duef 6h;)March 1

4/:/
4,4
4

The bonds

are

dated

said to. have been ratified.by the

Sept, 1,

Huron, Ohio
000-

Statesville, Nt C..
ling, Secretary of the Local Gov¬
ernment Commission* will receive
sealed bids until 11? a. m.

on

on

Dec.

-

successful bidders

for the temporary

loan notesi ag¬

follows;
' V Amount

gregating $6,190,000; as.
■

Series

,.

.

__-$!,000,000

Ninth

0.84%, plus a premium of $1.00.
at

10th

:

r

t

.

-

4—-——44; 1,000,000

at 0.85%,

plus a pre-

;

mium of $6.00.




.

/
'

water

Nov,j 5,

.

These bonds are due

J SchsDist^ fR.iOi Terrace),
Ohio.; '•"///./,•;//' v,
Bonds Voted—An issue of $514,-

;

000

school system

bonds

was

fa¬

vorably voted at the election heldon

Nov. 5.

v

,

,

j

,

"

•

5:.;///';,7;
tion system

! BondSi Approved—Am issue of ;of site- purchase
$80,0007 gymnasium^^ auditorium bonds is- said, to

-I -i.

•

issue
building

have? been^ap^
7

| Sandusky City Sch

Dist., Okie* /
|Bond' Offering/-^ Hy aclndw a',
Mantfort.HeightsLocalSchDist. sBheinegger,. Clerk-Treasurer; • of)
(R. O: Cincinnati)\ Ohio>
jthe Board) of Education,, willt re-^.
j. Bonds Voted—An issue of $100,- ceive? sealed; bid's' until nbon). on?;;. i
auditorium

000?

bonds
held

was

and

for the purchase of $600,-'

;000 2% improvement bonds. Dated-

;Dec/i;;t946/Denora/^T,000; Thosef

v

Nov. 5;

on

Dee. 13,

gymnasium

ratified? at the? election

.

<v.

Ibonds ard ^tie.'$30,000; from pec,/1;/1

Mount?: Healthy Exempted Village
;1, 1948 to 1967.
Bidders may bid? ''
School District,'Ohio
for a different rate of interest in;
! Bonds Voted—An issue of $185;'a multiple of V\ of 1%.
Principal
000; "Construction; bonds/ was* ap?. and' interest:
(J-D); payable qt the;. -

election

at- the

proved

held;

on

iCitizens National Banking' Co.4
ISandusky: Thesd bonds were au;
Mt. Sterling Local' Sch. Dist. (R. O. -thofried. at .the electionCheldi opt ;
Mt. Sterling), Ohio
jNov) 6r 1945.
The proceedings
/
f Bonds Voted—An issue of $150,- looking; loj. the issuance' of: said
000 construction- bonds *was ^ ap»- (bonds? have: been taken:? under the)
Nov. 5.

t

'

.

proved by the voters; at the gen¬ ^supervision .of c Squire^/Sanders- &/
eral election on Nov. 5.
jDempseyy of Cleveland, whose aJ
'
' /^ 4: f ,< 1^
proving opinion will be furnished . ;,
i-

.

>*.

>

/a

| Orange Local Sch Dist. (P. O.

huil^

A-'certified

purchasers.

jto the

Chagrin Falls), Ohio r
Bond' Sale—The $480,000

,

Icheck for Wo- of the amount of
/,
the issue, payable to the Board* of / \

ing< bonds offered for sale on NOW Education, must accompany the^
21
v. 164, p. 2454;—were pur¬
bid.
)
chased by Fahey, Clark & Co., of
Cleveland.
Dated " Dec. 15, 1946; j v; ; Shelby Sch Dist.
0*
Denom. $1,000; - These bonds are |
Shelby),, Ohio*
.
Bonds Votedr-At the general
idue $12,000 om June*' 15 and Dec.
elebtion it is reported Hiat af fav¬
155$imT947kto; 1966r inclusive? No
orable majority was accordefd the
other bid.was received^ : 1
proposal to issue $600,000 con¬
|/Ptorehasers^It;was stated subse¬
struction bohds/"
quently that Stranahan, Harris &
Co., Inc., of Toledo, Fox, Reusch
Silverton, Ohio* ••
6 Co.-, of Cincinnati, and William
j Bond»^oted--7An)issue;of $109^/
J. Mericka & Co., of Clevelandj
OOO^seweysystem bondk was rati4-/
—

I

\p:

...

.

"

were

associated

with

named firm in the

the

above

fied at the election held on Nov. 54

purchase of the

Smith Local School District

the

bonds, which were awarded to

f

2%s, at st price of. 100.108,
-basis of about 2.725%.
Interest

group as

;

\

'

|l|

•

»

•

.

Bonds Voted—An issue, of

000 school bonds

'

(P. Oi1

Beloit),' Ohio

*

the election <

was

$120,approved at

held; on Now 5;

/

:

1v
Oxford, Ohio
Walnut' Township* Ssh. Dist»r (AO.)
Bonds-Voted—An issue of $100,j
;
Milterspo'rt),\ Ohio?
'
000 sewage treatment plant bonds
j * Bond* Sale — The $66,000 im- '
was approved at the election held
provement bonds- offered Nov. 25 ^

r*

on

Nov/5.

164,

—v.

Plymouth Local Sch. Dist., Ohio
Offering — Joseph /E.

.

■

and

:bytheyotet^-ehT^y/^

purchase ^proved

site

approved at the-eleetibn held on Nov. 5.

/■ ' I ' >■

Voted—A $414,000

Bonds

was

Rittman),

Ohio-

| ;

^(PV O* Monclova), Ohio

>

Exempted Village

Sch. Dist. (P. O.

f

Township Sch. Dist.

—-

i

construction; bonds) c£»ried? atf
Rittman

•the election held on Nov. 5.

and

Sch Dist?

the election held in November,

000 construction bonds carried at

bonds

.

(PVO. Holgate), Ohio ^ - \*
Bonds Voted-r^An issue of $110,-

Mifflin Local Sch. Dist., Ohio

Construction

:

.

•

Clerk of; the Board of.
Bonds Voted
At the general Education,
will
receive
sealed
(J-D) payable in New York City.
election the voters are said to have bids until noon on Dec. 10, for
General obligations; delivery on
ratified the issuance,-of $350,000 the purchase of $50,000: buildingor-about
Dec. 23,
1946, at the
j
/ bonds, to bear not exceeding 2%
place of purchaser's choice/ Bid- construction bonds, c'
■

and

Richfield Township Local

Bonds Voted—An issue of $203,-

Monclova

bonds.4

sanitary sewage system
treatment works bonds. '

135,000

000

f

|

*

i

";

$145,00 water plant and distribu¬

1954; incl.

Bond
Jackson Township Sch. Dist* (P. O.
/ * Mas8illon),
Ohio
"* J
Hodges,

f

"

Nov-. 5.

to $280,000 were favorably)
voted: at the election held on Novi

annually on July b from 1947 to

■payabMJrD.
.

of

$4,000 in 1949 to 1963, $5,000 in
1964 to 1971, and $10,000 in 1972
to 1978.
Principal and; interest

2%

; IttdianvHill: and■ Terrace*

;

$170,000 series A,
water, coupon bonds, to bear not
exceeding 6% interest. Dated Dec.
1„ T946;. Denom., $1,000.
These
bonds are due Dec. 1, as follows:

maim

extension
bonds carried at the election held

3; at his office in Raleigh, for the

York, were the

originally contemr

as;

Bond Voted—An issue of $130,?

Hutzler of: New purchase

Salomon Bros* &

11, instead

voters at* the? general' election.

Bond- Offering—W;: E. Eaatej:?

plus a pre--'

of $1.00.

bohdS -wjlt

be considered-on Dec.

1946.
'

44)44r 600,000

at 0.82%,

/

80;000 2%st.

from 1970 to' 1977 inch

at 0.81%,

30th

issue of $1,850,000!

on

Prospect, Ohio' \
»
Voted — The following

ing

being subject to prior re¬
demption at the rate of $20,000

Euclid City Scht Dist., Ohio
Postponed—Bids; on

Bond Sale

^

mortgage revenue bonds amount¬

bonds

f

an.

'

of

issue

Ah

—

.

-

5

syndicate com¬

Voted

election held

Bond Sale- — The $280,000: re¬
funding1 bonds- offered. Now 25?¥
v.
164, p. 2599—were awarded to
Stranahan; Harris & Co., of? To¬
ledo,. and. .William J. Mericka? &
Coj, of Cleveland, jointly, as 3^4s,
!at a price of 160.144, a basis, of
about 3).22%,
Dated Dec? 1»; 1046
and due Jan. 1, 1955, with $160,000

fied at the election held on Nov. 5.

,

664,000

plus a pre¬
mium of $1.00.
.* v

$250,-

090- water s maim bonds was-/rati¬

2742—

p*

Bonds Voted—An issue of

100:405, a, net( interest: cost of, Howland
Towrtship Locul Sch* Dist*
about2.269%, as follows:'
y
(Pt Ql Warren), 1 Ohio
$120,000 2s. Due on March 1; from
Bonds Voted—A proposal t is¬
1948 to 1969 inch
sue $500,000 construction bonds is

plus a pre?
mium of $1.00.
/>
-4--.c

a

bonds* of¬

C

.

Ohio

':/.,.

_

of '

at 0.80 %,

16th 4—

awarded to

f

$200;000 cbu-

».

Durham; hnd^the^Vance Securities of Dec/ 9
Corp., ofi Greensboro, at a; price plated.

660,000

..,4.,—

North Carolina

*

posed of' E. S. Dickson &: Co:, of
Charlotte, J. Lee Peeler & Co;, of

mium of $1.00,
-

'1

pon water and; sewer
fered7 Nov.- 26—v. 164;

Sixth
„.-,'.,,,,,$1,000,000
at 0.81%, plus a pre- ;/■/:;
Eighth

,

Sanitary, District,

Bond: Sale—The

Amount1

Series

.

Roanoke, Rapids.

•.

Euclid,'Ohio,

.

37th, 4*-,
38th, -1

Pomeroy, Ohio

/ /
Bonds

bonds

—-

—

the Board of
' f•:

to
;

$100,000 storm sewer construction
was favorably voted, at tha

Nov. 5.

on

Middleburg Heights (P. O. Berea),

■

Seconds

Oct.

$2,500,payable

Louisville), Ohio

;•»(

have carried

;

Oct/T, 1954) $2)000?April* and

$1,000

and Oct.

construction and
at the election held' | sue* $250,000
equipment bohds; is reported, to

Nov. 5.

Berea

and

r

000 construction: bonds wasfavor- i

lably voted
1

a

Dated' Oct.

1.57%.

Due

1/ 1955, $1,000 April
/
1) 1956, $2,000 April and
$1,000 Oct 1; 1957/ $1)000" /April
and Oct. 1,. 1958, $2,000 April and
$1,000 Oct. • 1, 1959; $1,000) April U
Kenton. Union* Sc*h. Dist.. (P. O.
and Oct 1) 1960, $2;000' April an4/'/;f
Kenton), Ohio
/; Bonds Voted—Early Offering $1,000 Oct.. 1, 1961, $1,000 April
and Oct. 1; 1962, $2,000 April' and
•: ?;
Expected—It is reported, by Dr.
Walter L. Collins, Superintendent $1,000 Oct 1, 1963, $1)000 -April/;
of Schools/that $80,000 2% %' im¬ and- Oct. 1,1964) $2,000 April and
'
provement bonds were* approved $1,000 Oct. 1/ 1965, $1,000 April
and Oct; 1, 1966, and $2,000 April
by the voters at the geii^ral elec¬
tion by a margin of over- two-to- and'$1,000 Oct, 1), 1967; Rate of
interest" ley bet im multiples of yd
one.. Due in 15 years.
It is ex¬
pected' that! these bonds Will be of V%;" Theie'^bjpndsrwere uiithorJ
ized at the November election1 iii
offered for sale in January:
1945. Enclose a certified check foe /

iBonds Voted—An issue Of $395#- {

on

a

about

1946.

$1,575,000
1,000,000
/
':- / Ohio
'■
Third
1,343*000 $28,500 general improvement cou¬
Bonds Voted — At the general
Fourth;
1*000*000 pon or registered bonds, to bear
election the voters approved the
Fifth
/.r~4- - 1,000,000 not; (exceeding 5%: interest; Dated
issuance of tKe^ $350;000 construe?
Seventh
,1,000,000 Dbdi 1; 1946; Denomination- $1,000,
;
14th,:
1,000,000 one for $500: These bonds are due tion bonds, it is stated;
15th
1,000,000 Dec. 1; as- foliowes: $4j50O* in 1947;
Clyde, Ohio
17th
1,000,000 and $6,000 in 1948- tovl951; Rate ; Bonds.Voted^The electors ^ave
18th 4
1,000,000 of interest, to be in-multiples of a- favorable majority to- the* issu?,
19thr.__^„—^--w: 1^000,000' i1^ or one-tenth- of 1%,, Principal arice- oi $177)000! sewer construe?:
20th,
1,000,000; and interest (J-D) payable at the tion,;. bonds*' at the election oh'
just;-™-.----™----. rfooo,ooo-: Bank of Rockville Centre Trust Nov. 5*;;
22nd
)41;000,000 Co.,- Hackville Gentre; Said bonds
Dorset Local Sch. Dist.,. Ohio*
will * be delivered, at New: York
23rd
^ 1,000,000
I / Bonds/VotedL-Ah issue of $73)24th
44-444 1,000,000 City) or at such "other place as may
000 construction1 bonds \ was ap¬
25th
1,000,000 be agreed with- the purchaser
proved at the election held on
26th
4444-/— 1,000,000 about Dec. 20-1946; The" approving
Nov: 5/
27th
1,000,000 opinion of Vandewater, Sykes &
28th
1,000,000 Heckler, of New York City, will Eaton Exempted Village Sch* Diet
Ohio
29th
1,000,000 bn furnished to the purchaser
31st. 4-4-44,.-4
1,000,000 without cost. A certified check for v : Bonds Voted—Ah issue of $395,?
32nd
1,000,000 $570; payable to: the Village, must 000- site purchase and^construction
bonds carried'- at the election held
33rd
4-4444; 1,000,000 accompany the bid. ;
First

$1,000-Ofct.fr,'1953) :$i;000i April

price of 101.78,

basis
1,
$1,000 from Oct. 1, 1948
to
1967, inch - Interest1 payable
AvO:
Fox/ Eeusch & Co., offered
the runner-up bid-for the bonds/ of

:

tional

$1,000. Oct. '1, 1951,. $1,000 April '. ;
and Oct. 1/ 1952,; $2,000. April and : J:

p>

,

,

Harriman & Co., of New York, of the
following temporary loan notes
(Issue XX), aggregating $32,109,-

Detroit, and Brown Brothers

:

l%s, at

,

NORTH DAKOTA

•/

on Dec. 2, for the pur¬
chase of ' $15,000> highway equip¬
ment

, .

Forgot Af. Dak* '
!
Bond Salens The $75,009, fire
equipment, bonds offered for, sale

;

at j(EST),

fice of the successful bidder,, or,
the

'

.

t

Stanley F.
D) payable at the Nassau County
National Bank, Roosevelt.
These Kelder, Town Supervisor, will re¬
ceive
sealed: bids
until 3 p.m.
bonds will be delivered at: the of¬
Offering

Bond

.

nomination1.

,

tered

be in multiples of,

$1,000-- and $2,000. :
Ohio* :
These bonds? are due $1,000 April
pies of Vi ot 1 % . The approving:
opinion of Masslich & Mitchell, of ,/Borid: Sale — The; $20,000 fire andiOetv 1, 1948^ $2;Q00 April and
New York, will be furnished.A building arid .apparatus bonds of ¬
$l;OOO^Och/;lj '1949/ $1)000 * April,
certified check for $3,400, payable fered for sale on Nov. 15—v. 164; and Oct.
1,1950,: $2,000 April and

1,000,000

regis¬ ;13th

or

2;: I94&

interest. .Dated/Jam* lr" 1947. De-

,

—

coupon

Mond^yi; Dfeftemberr

Jerusalem Township (P., O*.
; detSv are- requested tou name the
rate or fates, of interest, ih; multi* if"' 1 ■' Curtice,\RsJF, D*-No* I),:

?

atrO;85%, plus a: pre*

Charles
E. ,• mium of $7.00.
Ashdown, District Secretary, will :12th
at -0.86 %v plua a pre¬
receive sealed bids until 4 p.m. on i
mium- of, $15.00:
Dec. 3, for the purchase of $20;-

% Bond

000

& FINANCIAL, CHRONICLE

THE CQMME^qiAI,

2878

'i:-'

be

//

to

J. A.

White 8k CO:,- of Cincin-

nati, as? l3/4Sr at
a-basis

of

Oct, vl,

1946

a

.:</4
price of : I0L83,;

about; 1.575%;

and

Dated*.

due >$3,000

on

Oct. 1 fromT948 to 1969 incl. SecOnd

/

v?3

high bid of: 102.539 for 2s was-"
by Braun, Bosworth & Co. ; ;:

made

'

2454—were awarded" 4

p.

,

/''///;/?>v; ii/• /;•;

;

/
-■

,Volume 164

Number

,V_;

4545^.

/THE

CQ^MElgClAli

Wist Carrollton Exempted7 Village
'Oregon-.(Stc^e^of
.^ Public Power and
Diet. (P% Q. West. Cat*
Tax Proposals
.! frelit on), Ohio
Rejected by Voters—Oregon itaxx
j
Ponds Voted — It is stated by payers not only turned "thumbs

dhe Clerk*-qf the Board

of

Edu-j down" on eight public power pro?
.cation that $400,000 huilding and posals, but rejected most measures
tpapfpyetnant
bonds
were
ap-; advocating new taxes or bonds^

^proyed by the voters at the
eral; e^ction on Nov. 5.

Westervil(e Sch. Diet; Ohio

~

,
•

gross

Bonds Voted—An issue of $250,-

.000 building bonds was favorably
j voted at the election held on
Nov. 5.

V

;

wickiiffe, Ohio

Bonds

Voted

The

—

S&MJ

r

following

.bonds totaling $145,000 were rati¬
fied at the election held on Nov.
'5: $20,000 fire engine and equip?
:ment, - and $125,000 water mains

^installation bonds.
'*

Wickiiffe School- pistrfct,- Ohio
-

Bonds Voted—An issue of $225,-

jQOQ

site purchase and construc¬
tion bonds carried at the election
'held on Nov. 5.
Woodlawn

Local Sch. DUt. (P. Q.
Cincinnati), Ohio
Bonds Voted-^An issue of $75,000 building bonds was approved

Jat the election held
*

Wposter School

on

Nov. 5.

District (P. O.

"

Woosteir), Ohio

,T.

,

■

-;,

^

Bonds Voted—We understand
that a proposal to issue $695,000
^construction bonds

by the electors

on

was

approved

Nov. 5.

OKLAHOMA

Chandler, Okla.
Bond Offering -~QrviUe Hunt,
City ClerH,; wiU receive sealed
bids'until $ p.jm. oh Dec. 3, Jot the
purchase ot $68,000 Water works
•

%e

$ *

h

bonds.

-

000

6 i o n and improvement
These bonds are due $4,-

"in 1949 to 1965.

'check for

A certified

2%of,the ampunt bid

must be enclosed.

Jackson

? v

to pay a

to

' These

bonds

RHODE ISLAND
Rhode

are

Bond

Nov.

1, as follows: $20,000 in
1961, and $15,000 in 1962
to
1966.
Legality approved by
Burgwin & Churchill, of Pitts4

—

The

.

Deuel

; "

following

^

County (P. O. Clear Lake),
South Dakota

,..

2599—were awarded to a syn¬
dicate
headed
by the Bankers
Trust Co*, of New
York, the First

v:;-;

Boston

Corp.,

at the
;

.

.

election held

on

-

,

t

Nov. 5.

Flandreau, S. Dak. : '
Bonds Voted—The
City Auditor
states that $80,000 electric
system
improvement; bonds
were
ap¬
proved by the voters at an elec¬

and

consisting of
Messrs. Drexel & Co., of Philadel¬
phia,
Union
Securities
Corp.,
Glore, Forgan & Co., Estabrook &
Co.,
Shields
&
Co.,
Salomon

scription at prices to yield from
0.70% to 1.50,%, according to ma-^

.

•

Bonds

•

Voted—The $75,000 hos164, j pital bonds were
favorably voted

successful bidders, repffered
above bonds for general sub¬

the

Sale

SOUTH DAKOTA

(State of)

bonds aggregating
$20,000,000, offered for sale on Nov. 25—v.

to

Bonds Offered for Investment—

The

Island

-

.

turity.;;

^^

Bros.

tion

held

&

—

■

.

a

limitation

favorable

$50

Elliott &

sufficient to
produce
capita for each child be¬
tween the ages of 4 and 20 years.
per

tax

for

a

new

ana

a

Townsend

|

state

to

Legal¬

company the bid.

Boston.

is
to be approved by Storey, Treasurer,
required.
Legal
Thorndik0* falmer H Dodge, of opinion of Dorsey, Colman, Bark-

f;

Pitcairn

-Vaughan,
xepeive sealed bids- until Dec. 3
;• >,./•
"■"'• '■.'/?!v,:.\
v;-°*" '• .i
Belief ante School District, Pa.
torthepurchase* of $300,000 vQUh
ty hospital bonds.
These bonds
Bond
Offering
Eleanor
C.
Werevautlmrized
Forshurg; District Secretary, will
held pn Nov, 5,
receive sealed bids until 7.30 p.mi

2% pf the bonds bid
for, payable
order of W. H.
Olson, City

(J-D) payable at the State Treas¬
urer's office in Providence.

ity

equip¬

:•

of

certified
check for $100,000
payable to the District, must ac-?

armories.

*

opinion

Munson, of Philadelphia

A

bad defeat

authorizing

construction

ment of 22

Offering: — A«' 0.
T
County Attorney, wil

due

"$i,f)00.

on
Nov. 12, the count
'
Hutzler, R. W. Press- being 161 to 62.
prich
&
Co.,
Lee
Higginson
Olyphant, Pa.
Huron, S. Dak.
Corp., Coffin & Burr, Harris, Hall
Bond Offering—M. F.
Bonds Authorized
The Bor¬ &
Walt, City
Co., White, Weld & Co., all of
ough Council is said to have ap¬ New
Auditor, will receive sealed bids
York, Stranahan, Harris &
were:
( until
7:30 p.m. on Dec. 9 for the
proved an ordinance calling for
Co., Inc., of Toledo, Alex. Brown
Baker County, making its sec¬ the issuance of $25,000 314%
purchase of $607,000 coupon
gen¬ & Sons, of
bonds,
Baltimore, John Nu^
ond
divided as follows:
try
since
1941.
Territory eral liquidation bonds.
Due on veen &
Co., of Chicago, Weeden &
served by 0alifornia-Papific Utili¬ Dec. 1: $15,0.00 in 1950,
and[ $10,^ Co., of New York, National State $384,000 water works bonds. Due
000 in 1955..
ses Co.}
Dee. 1 r as
Bank, Newark, Bramhall, Barbour
follows; $42,000
1
Malheur County,
: making its
& Co., and
in
1947,w and $38,000 from
Campbell, Phelps &
Pennsylvania Turnpike Commission
second try since May. Served! by
1948 to 1^56 inclusive.
Co., both of New York, as 1V2S, at
(P. O. Harrishurg), Pa.
a price of
Idahp Power Co.
73,000 sanitary sewer bonds. Due
101.80, a basis of about
Bond Offering — The Commis-r
Dec. 1, as follows:
1.287%:
Harney County, first time.
$4,000 in
sion will receive sealed
bids until
Served by California-Pacific.
1947; $7,000 from 1948 to 1952
$19.,500,000 veterans' bonus bbnd?:
Dec. 17 for the purchase of
$46,Due $975,000 from Dec.
inclusive; $6,000 1953 to 1956
Clatsop
County,
third
time. 000,000
1,1947
refunding bonds to pro-r
to 1966.
Served by Pacific Power & Light vide for
inclusive, and $1,000 from
the payment of an
equal
1957 to 1986
Co.
inclusive.
500,000 Merchant Marine Bonus
amount vol outstanding 3 % s.
150,000 storm sewer bonds. Due
bonds. Due $25,000 from Dec.
Marion • County,; third
time^f
Dec. 1, as follows;
Served by Portland General Elec-!
$8,000 in
1, 1947 to 1966.
Philadelphia Sch. Diet., Pa.
1947; $15,00Q, 1^46 to 1953 in¬
trie-and Mountain: States- Power
Bond Offering—Add B. Ander¬
Pgted Pec. 1, 1946.
Tbe next
clusive; $14,000, 1954 to 1956
son, Secretary of the Board of highest bidder (for \Yz% bond?),
co.:/;,;
inclusive, and $1,000 from
Linn County, fifth time. Served Public Instruction,
will receive was a group headed by the Harris
1957 to 1966 inclusive.
Trust & Savings
sealed bids until 11 a.m.
Bank, Chicago,
by MdtMitaht States Ppwer Co.
(EST),
All of the bonds are
on
at a price of 101.279.
Dec. 10, for the
Third best
dated Dec.
purchase of
Junction City and adjacent terr
1,1946.; Denomination $1'000. Bid-,
$5,000,000
permanent
improve¬ offer was that of the National
ritory,
first
time.
Served
by
der to name the rate of
ment bonds, to bear not
interest.
Mountain States Power Co.
exceeding City Bank of New York, and asso-.
Principal and semi-annual interest
\Vz% interest. Dated Dec. 1,1946. ciates, a bid of 101.12 on 1V2S.
North. Lincoln County, second
payable at a suitable bank oj
Denom. $1,000.
These bonds are
Bond? Offered for Investment—
time. Served by Mountain Btates.
trust company
due Dec. 1, as follows:
designated by the
$209,000 The successful syndicate reoffered
Also defeated by state voters in
1948 to 1955, and $208,000 in the above bonds for
successful bidder; Bonds are
pay¬
public sub¬
was a basic school support
able from ad
tax 1956 to 1971.
Rate of interest to scription ht
valorem taxes to be
prices to yield from
measure authorizing a levy of an be in multiples of Vs of
levied op all of the
1%. These 0..55% to 1.45 %,
city's taxable
according to ma¬
annual school tax outside the 6%
bonds wBl be issued subject to the turity
property. A certified check for,
desired.
Prin.
and
int.

was a measure

Okla,

Denom.

burgh;----;/:--.v-':

$100
60,

persons

i

Also sent down to

'

Bond

tax

Proposals to create public util¬
ity districts \vere defeated by
votes that ran as high as 3-to-l
against the measures. Many were
making their second and third try.
One was up for- the fifth time.
ublic
utility districts rejected

-

County (P. O,

Altus),

income

monthly pension
\
years and over.

2879

price of 10Q.769, a basis of
about L54%>vDated Nov.
'i; 1946j
=a>

1947

Defeated by a landslide was a 3%

gen¬

^at

& FINANCIAL CHRONICLE

Bond

School

District,

Offering—Jason S.

der,

Pa.

Sny-

Greenwood

District Secretary, will re?
ceive sealed
bi^s until 8 p.m.

Scott

er,

&

Barber

of

Minne-

apolis^-\viH bp furnished the

SOUTH CAROLINA

cessful

bidder. The bonds
authorized at the election on

■

\
^

were

*

June
County. (P. O,, Creenr
3, 1946, and were
previously ofwood), S. C.
feped, unsuccessfully, on Opt. 14*
Commission
Reports

!

T»o^vep
PesitipnraA statement

(EST) on Dec. 6, for the purchase
Cash
$35,000 school coupon bonds.

re?
Philip, S. Dak.
by the Power Division of
Bond; Offerlng?-H.r L.
Brown,
Greenwood County, S. O., Electric' City Auditor will
receive sealed
Power Commission under date of and auction
bids until 8 p.m. on
Oct. 31. 1946, shows a total bal- Dec,

of

leased

Dated Dec. 1, 1946. Denom.
$1,000.
These bonds are due $5,000 from

Dec.

9, for the purchase of Dec. ;!, 1949 to 1955.
Bidders to
siphool
12, for the purchase of. ttie
coupoii- bonds; name the rate of interest in a mul¬
ance in the 'cash and fund ae,
4md water works bonds'offered tot- Dated Dec; 1, 1946.-^DenOmination tiple of 14- of 1%.
fpllewtng bonds
The principal
tetalwf $W,000,
counts, of $1,919,679.78. Of this, to bear not
hale onNov;^l§?r-y^
exceedipg 3M% in164^j^ 2455xU^ $1,000. These bonds are<4uetDec.; and interest are payable without
1, as follows: $1,000 in 1947, $2,- deduction for any taxes levied $1,609,763.11 is the Oct. 31 casfy terest;
were, awarcfhd td the First ^N'a■"f tionai B,ank o|. |^onc Wpit/ as 3h 000 fn 1948 to 1964» and $l,0p0'in pui&udin; to any present or future account" balance which is com-?; $62,O0Q water bonds. Due
pursuant w any
Jan. ^
yhese. bonds are due serially in 1965.; Bidders to name 4he rate law of the; Commonwealth ot prised of $1,124,876 in the con-,
follows:
;

tone Wolf, Okla.
Bond Sale—"The $5,000 sewer

on

$36,000

1

j

of interest in

from l to 5 yearn The next high?;
est bidder -was" the J. E. Piersol

.

multiple of Y* of Pennsylvania. The purchaser will
1 %.
The purchaser will receive receive the approving opinion ot
Bond Cto.' foy $2,000 as 4s; and without cost, the approving ppin-4 Burgwin & Churchill, of Pitts¬
ion of Burgwin & Churchill of1 burgh/ sthat,, the bonds are valid,
$3,000 as 8s.
Pittsburgh, that the bonds are general obligations of the School
Tulsa County (P, Q, Tulsa), Okla
valid, general obligations o| the District. A certified check for $700,
Bond Election
The. following
Sch ool District. A certified
chepk payable to the School District,
bonds totaling $1,500,000, will be
for" $720, payable to the School must accompany the bid.
submitted to the voters -at the
District, must accompany the bid.
election tq be held pn Dec, 17
Vintondale, Pa.
$1,250,000 county hospital, anci
Bonds Voted—The issuance of
Bradford, Pa.
a

—

;

$250,000 bridge construction
bonds.

■

*

Bpnd Offering—M. E. Cornelius,
City Clerk, will receive sealed
bids until 4:30 p.m. (EST) on Dep.

; *

Yukon, Okla,

9 for the

Bond Offering—Sealed bids wil
be received until 8 p.im on Dec

to

The bonds

a^gregatiAg;$33,$Q0:t

;

interest,

coupon

Denom.

are

$1,000.

dated Dec. 1, 1946.

Due

$10,000

on

'

^he bonds will be awarded to
the bidder offering the lowest rate proving legal opinion of Townsof interest and agreeing to pay end, Elliott & Muhson of Phila¬
delphia will be furnished
cessful bidder.

A certified check for

2% of'the amount bid is required

'

v

-

r^yKiuP}.

Newport), Ore.1

Bonds

Voted—The

!

',
issuance

at the

the voter?

of

construction revenue
approved by the -voters
general election pn Nov. 5
:i1

Voted—The

issuance

of

site purchase and con¬
struction bonds was approved by
Mount

was

n/t

.Bonds

$40,000

'

$275,000
bonds

the^iCT
i V eiai

I Lower Mil ford Township SchiDist.
(P. O. Hoeensack), Pa.

Lincoln Coun'y, Central Lincoln
Peoples Utility District tf, O.

on

Nov. 5*

Lebanon

Township

-

-oi.

being ma6e

S--'

onr.

H-

-

the

up

operation

1956,

pf the balances inj
apd maintenance

1962,

In the

bond and interest
redemp¬
tion fund there y/fi? $309,916,6f on
the elate of; this report. Of
the
total balance in the two
funds,

at

the

Bank

write

and

distribute

a

new

issue

of about $50,000,000 revenue bonds

pf the above Authority.
We un¬
that Antonio Lucchetti,

derstand

the Authority's executive director,
stated that the Banco de Fomento
de Puerto Rico, issuing agen.tvhf
the

j
made

Island's
the

approval.

v • government,
had
appointment with his
Purpose of the issue is

bids

contemplated by
this financing will be entered into
program

thereafter.

receive sealed

bonds, to bear not exceeding * 4% interest. Date^i Dec. 1,
1946. Denomination
$1,000. These

Proving

?l?n>

1958, $41,000

in

1959, $44,000 in

1965, and $47,000 in 1966.
Rate of interest to be in multi¬
one-eighth of

1%.

bf

?b.

the unqualified opinion pf

Thorndike, Palmer

&

Storey,

Dodge, of

4W




lQ ^he City Treasurer,

pay-

is

re? :

TENNESSEE

Brownsville, Tentf.
Bond

Election

*-?

An

issue of

$80,000 city hall and auditorium
construction bonds will be sub¬
mitted to the voters at the
election
to be

held

on

Dec. 3.

Jackson, Tent\.
Bond Sale—The $252,000 bonds
offered at auction on Nov. 26—
164, p. 2455—were sold to the

v.

First
a

National Bank of Memphis,
price pf 100.081, a net
interest

_

proved by the voters at the gen-. phia,
eral election on Nov. 5.

check

bid,

'

at
JMU1AUO

amount

quired,

Gen¬

obligations, unlimited tax.
Purchasers will be furnished with

Dorsay, ColScott & Barber of
both without cost to

PJirchfs^r- A certified

due

1960 to

ples of

opinion of

Hnker,

Minneapolis,

Dec.
1, as follows:
$8,000 in 1947 to 1953* $14,000 in
1954 to 1956,
$25,000 in 1957 and
are

desig-

-»«ted by the successful ^ bidden

coupon

bonds

interest, on said date
interest payment date
Principal and interest

,City will furnish the printed
^nd executed bonds and the ap-

of School

until

re-

par

win be payable at
any suit?
or trust
company

5:15 P.m. on Dec. 17,
for the purchase of
$500,000 sphool:

outstanding obligations
eral

and provide additional funds for
capital improvements.

The

Commissioners, will

on. any

pble bank

Cpmty Scfool District

I (P O- Columbia), S. C.
Bond Offering?-Edgar Waites,

Secretary of the Board

.

and accrued

and

1

Co.. oi

and

Cunningham &
S. K. Cunninf
-tsburgh, jointly, as l%s.

bonds

consulting engineers, and Arthur
Anderson & Co.

as

auditors.

1 ers, is
required.

*

maturing after Jan.

1, 1955, are to be subject to
demption and prepayment, at

balances

deposit

•

Pate4 Jan- l> 1947, These are
the bonds authorized at the
elec?
tiop held on Nov. 12. All bonds
of each issue

term U. S. Government
securities,
The Commission's cash
on

$4,000 in 1949 fo
$5,000 in 1957 tp

1962.,

"

$441,164 is represented by sheri-

are

and

28,000 fire protection honds. Due
$2,000 from Jap, 1, 4949 th7 :;

fund ?mcl. the capital reserve fund.

If*

Puerto Rico Water Resources

to refund

School District (P. O*..
Mount Lebanon), Pa.
Bond Sale—The $375,000 school

n.A

RICO

hargt Revenue Bond Issue
Pending—It is stated thpt B. J.
Van Ingen & Co., Inc., of New
York^has been appointed to form
and manage a syndicate to under¬

Interest JtD;
A -certified -check for
%% of the
bonds, payable to order of the
City Treasurer, is required. : Ap¬

4,000 street bonds. Due $l,0pU-m
1949. to la^ inclusive.^

OREGON

PUERTO

Apthority

tiples of MM 1%.

-

pf
recreation center bonds .was ap¬
Greenwood, Greenwood, S. C., the
proved by a twd-to-pne margin County Bank,
Greenwood, S. C.,
at the general election, it is ire- end the
Manufacturers Trust .Co,,
ported.
New York; N. Y.

of interest.to be expressed in mul¬

500 in 1953.

at least par.

building" and

municipal

Dec. 1 from 1947 to 1960 incl. Rate

$29,500 water works bonds. Due
;
$2>OJOO tn 1949^0 1?52^ and.$1,1
-

%%

funding and improvement bonds*
registerable as to principal only.

6, by J. C. Barnhill, Town Clerk
for the purchase of the/following
bonds

purchase of $140,000 not

exceed

$28,000

i

c+y.1ir,t^r,r, anr»™in+
struction account and the ii!iionna
balance

as iy4S.
Due on Dec.
X from
1947 to 1951 incl.

-

w':

THE COMMERCIAL &

j

2880

bonds

1, 1946.

(State of)

Tennessee

$1,000,000 ed¬
improvement bonds of¬
for sale on Nov. 25—v. 164,
Sale—The

Bond

ucational
fered

p.
2600—were awarded- to the
Hamilton National Bank of Chat¬

tanooga, as Is, at
a : price of
100.058, a basis of about 0.99.
Bated Dec. 1, 1946. Denomination

.

These

$1 ,000.

bonds mature

on

1, 1952. The next highest bid
of J. P. Morgan & Co.,

Bee.

that

was

Pierce,

Merrill Lynch,

and

Inc.,

Beane, jointly, for iy4%

Fenner &

bonds, at a price of 101.055. Third
best was an offer of the Equitable

;

Corp., a bid of 100.93
followed by the joint

Securities
.for

iy4s,

offer of the National City Bank of
Hew York, and the First National

v

Chicago, of 100.88 on the

Bank of
same

1947 to 1966 incl.

■

1958 incl.

1 from 1952 to

Each issue is dated Dec.

•A Series

coupon,

TEXAS

dated

1935,

Sept.

1,

Thursday, November 21, 1946

chased recently by R. A. Under¬
wood & CoA of Dallas.

Jan.

$1,000.
1, as
follows: $25,000 in 1949 to 1951,
"A
,Sf'
Spur, Texas
f| 1947-55.
These bonds are
$35,000 in 1952 to 1954, $50,000 in
Warrant Legality Approved — 1955
owned by the RFC who have
to 1972, $55,000 in 1973 to
An issue of $22,000 3% street im¬
agreed to surrender the bonds
1976, and $200,000 in 1977..
Op¬
1.891%.
;
provement
warrants
has
been tional on Jan.
for refunding.
1, 1952. A Principal f i
Denton County (P. O. Denton),
approved as to legality by Dumas and interest (J-J) payable at the
Dated Janvl, 1947. Denoms. $1,Texas V
& Huguenin of Dallas. Dated Oct.
City Treasurer's office or at the ; A
000 and $500.
Principal and in¬
Bond Offering —The
County
fiscal agency of the State in New
terest (J-J> payable at a place 1, 1946.
Judge • will receive sealed bids
York City. Said bonds will be sold
preferred by-the purchaser. Bid¬
Sunray, Texas
until 10 a.m. on Dec. 2, for the
ders are required to name the rate
Bonds Purchased—The follow¬ with the opinion of Preston, Thorpurchase of $150,000 or $250,000 of interest or combination of two
ing revenue bonds amounting to grimson, Horowitz & Turner, of
county road unlimited tax coupon rates with their bid which
Seattle, approving the legality of
is $125,000,
were
purchased
re¬
bonds. Dated Dec. 1, 1946. Denom.
said bonds. A certified check for
nearest par and accrued interest.
cently by Robert Mclntyre & Co.
$1,000. Bidders are invited to sub¬ Any rate or rates named must be
of San Antonio, as 3y2s; $64,000 5% of the amount bid is required.
mit proposals for either amount
in multiples of Ys of 1%.
The water works, and 61,000 sewer
Pasco, Wash.
or
both
maturing
as
follows:
City
will
furnish
the
printed system bonds.
Bonds Voted—The issuance of
Dated April 15,
$150,000 due $15,000 from March
bonds, the approving opinion of 1946. Legality approved by Mc- $132,000
general obligation water
1, 1948 to 1957, and $250,000 due Gibson & Gibson, of Austin, or of
Call, Parkhurst & Crowe of Dal¬ filtration plant construction bonds
March 1, as follows: $20,000 in
Chapman & Cutler, of Chicago, las*
was
authorized by the voters at 7
1948, $25,000 in 1949 to 1956, and and will deliver the bonds to the
the Nov. 5 election.
$30,000 in 1957.
Bidders to name bank designated by the purchaser
Texas (State of)
the rate of interest. Split coupon
Local Bond Issues Approved—
Port of Grays Harbor (P. O*
without cost to him. A certified
bids will be acceptable provided
check for $1,100, payable to the The following issues have been
Grays Harbpr), Wash.
each bid does not specify more
Bonds Voted
At the Nov. 5 $
approved for issuance by the State
City, must accompany the bid.
than two different rates of interest
general election the voters are
Attorney-General's recently:
Hillsboro, Texas
in multiples of Vi of 1 %.
These
said to have ratified the issuance
Donna Independent School Dis¬
Pr.e-Election Sale—It is stated
bonds were authorized at the gen¬
trict (Hidalgo County), $240,000 of $250,000 improvement and con-*
eral election' on Nov. 5. Principal by A. M. James, City Secretary,
struction bonds.
school refunding bonds, v
and interest payable at the State that the following bonds aggre¬
City of Fort Stockton, $125,000
Prosser, Wash.
Treasurer's office.
Legality to be gating $180,000, were purchased
street improvement bonds.
Bonds Voted—An issue of $200,approved by the Attorney-Gen¬ on Nov. 22, subject to an election
City of Frankston, $15,000 re¬
eral and Dumas & Huguenin, of to be held on Dec. 17, by a group
pop sewage treatment plant and A#
funding bonds.
<,,,
J vy":-,'
sewer
extension bonds was ap-*
Dallas.
These bonds will be de¬ composed of R. A. Underwood &
City of La Porte, $22,000 water proved at an election held re¬
livered to the purchaser, free of Co., Hatcher & Co., both of Dal¬
system refunding bonds.
cently.
charge, at the Dallas National las, and the Provident Savings
Liberty Drainage District No. 4,
Bank, Dallas.
A certified check, Bank & Trust Co. of Cincinnati,
Vancouver, Wash.
payable to the County, for 2% of as, 2V2S and 2V4S, at a price of $150,000 drainage bonds.
Bonds Voted—We are informed
Liberty Independent School
the par value of the bonds bid 100.003: $100,000 street improve¬
that the voters approved the issu¬
District (Liberty County), $30,000
for, is required, but one check for ment; $40,000 sewer improvement;
ance of $600,000 sewer
system and
memorial stadium bonds.
the larger amount bid for is ac¬
treatment plant bonds at the gen$25,000 swimming pool, and $15,City of Madisonville,
$12,000
ceptable, and the successful bid¬ 000 fire equipment bonds.
eral election on Nov. 5,
street improvement refunding
der will be permitted to adjust
An
issue
of
$100,000 water
;
bOndS,
Washington-Bloomfield local A
this check to 2% of the par value works
improvement revenue
Natalie Independent School Dis¬
awarded*
^Sch^Dist,-. (P. O. Iberia),
bonds, also subject to the election trict
"■t Wash.
(Medina County), $30,000
on Dec. 17, were purchased at the
Dimmit County (P. O. Carrizo
Bonds Voted—An issue of
school house-, bonds and $2,400
$25,same time by. the above syndicate,
Springs), Texas
000 school bonds was
school refunding bonds.
favorably
Bonds Sold — It is stated that as 21/2S and 2%s, at a price of
at; the election held oi* A
Parker County North Side Con¬ voted
$200,000 hospital bonds were pur¬ 100.004.
solidated Common School District Nov- 5,
.
imJ
chased recently
by the Robert
Bond Election!—The following
No. 21-A, $12,000 school house
bonds totaling $280,000 will be
WEST VIRGINIA
Mclntyre CO. of San Antonio,
Dec. 1 from

syndicate headed by Smith,
Barney & Co., was second high
bidder, offering a price of 100.0897
for 1.90s, or a net interest cost of

A

Due on Dec.

l%s.'

as

on

improvement

general

84,000

FINANCIAL CHRONICLE

1935, bearing 4% interest and
maturing $500
on
Sept.:;l,

1,

These

1947.

bonds

Denom.
due

are

,

—

,

,

Alvin School District,

Texas

Jan.

.

$1,100,000
school bonds authorized at 'the
Nov. 2 election have been sold to
Sold

Bonds

a

The

—

headed by Milton R. Un¬

group

derwood & Co. of Houston.
-

Brazoria, Texas
Sold,—It is stated
.

Bonds

-

.

that

$50,000 water works and sanitary
sewer
system bonds were pur¬
chased recently by R. N. Eddieman
& Co. of Houston, and the
First

of Texas Corp. of

San An¬

.

tonio, jointly.

Sch. Dist.

Corpus Christi Indep.

(P. O. Corpus Christi), Texas

-

Purchasers—In connection with

public offering by Moroney,
Beissner & Co. of Houston, of the
the

■

$500,000 2% construction bonds—
v.

by

164, p. 2600—it is now stated
the Business Manager of the

Board of Education that the bonds

originally

purchased

were
•

at

a

price of par from the above dis¬

syndicate composed of

trict, by

a

F.

Smith

Bert

of

Co.

&

Corpus

Christi, Russ & Co., Sikes & Co.,
and Rauscher, Pierce & Co., all
Interest payable

of San Antonio.

,:.v'

(j-D)„

Crockett, Texas
Bonds Sold—The

andsewer

works

$200,000 water
system bonds

authorized at the Oct. 26 election
have

been

-

sold to

a

group

com-

';.

posed of Crummer & Co., Inc. of

avV-

Texas, of Dallas, the J. R. Phillips
Investment Co., and McClung &

Knickerbocker, both of Houston.

bonds.

"■ v Edinburg, Texas .^ \
Maturity — In connection with
the sale of the $266,000 sewer rev¬
enue
bonds to R. A. Underwood

submitted

to

the

voters

at

the

City of Thornton, $40,000 water
and sewer, refunding bonds.
$100,000 stf'eet improvement; $40,000 sewer ; improvement;
$15,000
msHiNGTON
fire equipment; $25,000 swimming
& Co. of Dallas, and the RansonFranklin County, Pasco Sch.JDist.
Davidson Co., jointly, as 3V4S, it pool, and $100,000 water works
(P. O. Pasco), Wash*
is now reported by the City Sec¬ improvement bonds.
Bonds Voted—The issuance of
retary that the bonds mature on 1
Italy Indep. Sch, Dist* (P. O.
$175,000 construction bonds was
Oct. 1, as follows: $6,000 in 1949
Italy), Texas
and
approved by the voters on Nov. 5.
1950; $7,000, U951 to 1953;
: Bonds
Sold-—It is stated that
$8,000, 1954 to 1956; $9,000, 1957 to $50,000 gymnasium bonds were
King County, Shoreline Sch. Dist.
1959; $10,000, 1960 to 1962; $12,000 purchased recently by William N.
(P. O. Seattle), Wash*
1963 to 1965; $13,000, 1966 to 1968;
Edwards & Co. of Fort Worth..
Bond Sale—The $443,000 school
$14,000, 1969 and 1970; $15,000,
bonds offered Nov. 26—v. 164, p.
Karnes City, Texas
1971 and 1972, and $19,000 in 1973.
Bonds Voted
The following 2600—were awarded to a group
In addition to the above coupon,
the bonds will bear 5% interest bonds aggregating $220,000 were composed of the National Bank
for the first two years.
heavily approved at the election of Commerce, Blyth & Co., Paci¬
held on Nov. 19: $160,000 Water fic Northwest Co., and Bramhall
Galveston County Water Control
works and
sewer
revenue,
and & Stein, all of Seattle, at a price
and Improvement District
of par, a net interest cost of about
$60,000 street paving bpnds.
No, 7 (P. O. Galveston),
1.865%, as follows:
Karnes County Road District No. 1
■;
7
•
Texas
78; 88-8
$206,000 as iy2s. Due on Dec. 1
(P. O. Karnes City), Texas
Bonds Voted — An issue of
from 1948 to 1954 incl,
Bond Election—An issue of $75,$300,000
wate r
improvement
237,000 as 2s.
Due on Dec. 1
bonds was favorably voted at an 000 road bonds will be submitted
from 1955 to 1961 incl.
to the voters at the election to be
election held recently.
All of the bonds are dated Dec.
held on Dec. 1.
;

election

to

be

held

on

Dec.

17:

Bonds

is

Sold—It

stated

that

$85,000 electric light and power
system revenue bonds were pur¬
chased
recently
by
the
First
Southwest Co., and R. A. Under¬
wood & Co. of Dallas, jointly.
,

Dallas,

—

Bond

Sale

The $3,405,000

2744—were
cate

Graford, Texas
AA Bond Offering—J. L. Sciidder,

Texas • ^

—

bonds offered Nov. 27—v.

awarded

composed

of

to

the

a

164, p.
syndi¬

National

M>:: city Bank of New York, Drexel &
Co., Philadelphia, the Trust Com^ pany
of
Georgia,
of
Atlanta,
I
Schoellkopf, Hutton & Pomeroy
of Buffalo, J. C. Bradford & Co.,
of Nashville, Provident Savings
Bank
&
Trust
Co.y? Cincinnati,
Campbell, Phelps & Co., of New
York,
Newburger & Hano,
of
Philadelphia, Lyons & Shafto, of

v

:

$400,000 water works
ment bonds.

purchase of the following
boiids totaling $55,000, to bear not
exceeding 4 % interest.1 i *af

:

ment bonds.

1952

•■"V -

'

;

,

like amount of Waterworks

Revenue bonds, Se1935, dated Sept. 1,
1935, bearing 4% interest and
maturing $500 on Sept. 1,
A

ries

garage




to

the

State

Permanent

School

Fund—v.

164, p. 2744—were sold
at a price of par. Dated July 15,
1946.
Denomination $500. These
bonds are due $500 from Dec. 15,

a

group

surrender

and

serially

the

bonds

for

re-

$35,000
of
these
bonds are being issued to pay
a portion of the cost in constructing a sanitary sewer
funding.

5,000

sewer

system

$500 in

1956 to

sanitary
Due

-

in
are
;•

1947 to

to

1955.

refund

of Waterworks

a

These bonds

like

amount

System bonds,

to.

Parking,

erection

revenue

of

off-street

a

bonds for the

garage

to provide

parking facilities.
WISCONSIN

c

i':

1

1

v

'iP

.•

V

.-/j',.-

are

said

to

have authorized the

Bonds Voted —The issuance

ot.

$50,000 hospital bonds carried at
the general election
a

Nov. 5 bY

on

substantial margin.

Shawano Sch. Dist., Wis.
Bonds Voted—An issue of $260,*^ i
000

construction

bonds

fav¬

was

orably voted at the election helds
on

Nov. 5,

Superior, Wis.

_

Bond Election Planned—An is—
sue

of

$300,000 airport bonds

may

CANADA
,'k

'

7

.. •• ■

^ v.

*.'O*

,v\

SASKATCHEWAN
Sa.katch.wan

(P. O. Regina),

Sash.
Debenture Sale—The $3,000,000?
3y4%
refunding debentures of¬
*

.

(P.. O. Fort Stockfered
for
sale
recently, wereKlickitat Countyi Goldehttale
ton), Texas
awarded to a syndicate
compose#
Sch. Dist. (P. O. Golden*
$175,of the Dominion Securities
Corp.,.
dale), Wash,
000 county park bonds was favor¬ A ' 'A
A. E. Ames &
Co., Wood, Gundy
ably voted at an election held re¬ V Bonds Voted :^At the general & Co., all of Toronto, Royal Bank
biection on Nov. 5 the voters au¬ of Canada, of Montreal, and th&
cently.
~
;
thorized the issuance of $112,000 Canadian Bank of Commerce, of*
1
i'efat Raymondville, Texas
Construction bonds.
- * Toronto. % Dated
Nov.
15, 1946..
Bonds Voted—An issue of

bian- Securities

of Texas,
Co., both of

Corp.,

and M. E. Allison &
San

Denoms.
bonds

Antonio, jointly.

Roaring Springs Indep. Sch. Dist.,
,

Texas

Bonds Voted—An issue of $40000 construction bonds carried at
the election held
Rotan

recently. '

Consolidated. Indep.

Sch. Dist:, Texas
Bonds Sold—An issue of $237,-

000 construction bonds w§s pur^

Bonds Voted

—

The voters ap¬

proposal to issue $500,county hospital bonds, sub¬

proved the
000

mitted to them at

5'-A
^

A'

Olympia, Wash.

Bond Offering

$1,000 and $500.

are

These-

due Nov. 15,1962. Prin¬

cipal and interest payable in law¬
ful money of Canada in

Toronto,.

the Nov. 5 elec¬ Montreal, Saint John, Winnipeg,

tion.

—

B, F. Hume,

Regina

or

Vancouver, at the

tion of the holder.
of

In the

op¬

opinion

counsel, these debentures will

will receive sealed be legal obligations of the Pro¬
bids until 2 p'jga.- on Dec. 3, for the vince. Legality approved
by Daly,
purchase ^ of A $1,500,000
special Thistle, Judson & McTaggart, of
water revenue bonds;' to bear not
Toronto.
♦.AAT"V!'"'X
A-7'.7
exceeding ,f 4%, ,interest;.
Dated
City

•

Darlington, Wis.

.

'

<

King County Water District No. 7
(P. O. Seattle), Wash.
Bonds Voted — At the general
election held recently the voters

Of * $290,000 water im¬
provement bonds,
i: - • ■

Pecos County

1965.

4,500 refunding bonds. Due $500

forwarded

Street

ordinance author¬

headed by Foster & Mar¬

shall.

issuance

1946 to 1965.

and

and
an

izing the issuance of $550,000 self-

liquidating

2V2% construction bonds awarded

(p^^Ch^^

system.

The bonds are dated Dec. 1, 1946

issue matures

$10,000

passed

Wharf

Second high bid of par be submitted to the voters at am
for $114,000 3s and $329,000 l3/4s, election to be held probably iru
April of 1947.
a net cost of 1.88%, was made by

A 1950-63; $2,000 on Sept. ly
1964, and $1,500 on Sept. 1, } / Bond Sale—The $175,000 paving
j
1965. The bonds are held by bonds authorized at a recent elecr- OLkwis County
Wash. 77AA
tion have been sold to the ColUnvA
the

bonds.

auto test stations bonds.

the

Commission

1, 1946.

RFC, who have agreed to

tion bonds.

each

to

System

\

improve-

320,000 public market construc-

and

sewer

1956, $1,500 in 1957
'to 1963, $2,000 in 1964 to 1973,
$2,500 in 1974 to 1976. $10,500
a

7-

municipal

andf

of these bonds are to refund

30,000 city hall remodeling bonds.

215,000

works

system revenue bonds.
Due
V.iK $500 in 1947 to 1951, $1,000 in

400,000 park improvement bonds.
7

water

$45,500

1,000,000 sanitary sewer and sew¬
Aage disposal plant bonds,J
; A
840,000 street paving bonds.
• ■
200,000 storm sewer improve'

Sch. Dist. '(P. O. Paris),
Bond Sale Details—The

the

•

;

Lamar County Consolidated
Texas

City Secretary, will receive sealed
bids until 7 p.m. on Dec. 6, for

Boston, First Southwest Co., of
Dallas, and Blewer, Heitner &
Glynn, of St. Louis, as 1.80s, at a
price of 99.40, a basis of about
1.8571%.
Sale consisted of:
"

Clerk, that the City Council re-'7
cently

.

■

Texas

Crosbyton,

Wheeling, W. Va.
Bond Issuance Pending ^ It'isfc
stated by Howard C. Lane,
City

Clerk,

•.