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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% " 33■, , - 33 - loo : m 127 128 113% ! 52% 20% *109 20% 21% - . 20% 110 : ; *109 ; .31% > ■ 32 f • ioa J v V'; 9% (' - 106% 106% 110% 111 119% 120 128 ♦112% 16% 105 105 , 113% 52% ;5 ;?• 22% •109 :. , r- 17% ..; * ■ 109% 13% *92 27% *27% 15 15 *75% h.:: 79 36% 36% ♦101% 104 ; 23% 23% 25 21% 213/4 107 30% 49 *38 50 40*% 15% *105 109% 13% 13% X13 *90 99 27% *273/4 14% > '14% ' 477 / 8% 81 " 25 9% 83/4 7% .'"73/4 143/4 143/4 26 111% 26 V* X26 % 267/8 *110% HIV* JX22 v 22% 26*% 27 ,32% 26% 111% 22% 107 34% 112 114 114 112 112 v 112% Oct Deo Nor 8148% NOV 118 Jap 47% Jan; 65% Dot 17 24% Jan 115% Jun-13 106 May 4,23% Jan. Deo 113% NOV 31 NOV -19 % Feb 30 13,200 9,000 1,400 r 17,200 111% my8 200 21% *104% 107 34y8 35% 114% 117% , '121% Jan 117% Feb 15 69% Jan 15 28% May 28 Deo 126'* 138 3,300 9% 7% 143/4 1 116% 106% Jan 110 Jan 4,800 25% 7% ' >102% Feb 17 38% Feb ,[ . 373/4 38% •1013/4 105 14% 21% Jan ,... 27% NoT >v 7% *108% : . 150 ^ Jan 15 14% *104% ; 2 Sep 20 < ;, 28% 7% : Quaker State Oil Bet COTp..—1Q Oct 2 Deo 66% Nov 1' w 17 ' 13% 95 14 y4 •110 30 Jan 139y»May 10 * 40% 7% 21% 21%. *104% 107 V 31% 32% 107 115% Jan 10 :126 26% Mar „ • 25% Deo ', —. 109% 25 % - —100 No pat v. ' 65 - i- Jan -■ 15% *105 14% 9% 112% July 25 47% Sep. 10 19% Feb 26 •< 105% May 22 41: July 1 30% Jun 10 : . 49 153/4 14% . 31% 112 20 y* 36% "37% 37% 38% 4101% 105 *101% 105 23% 243%24y» 25% 8% . * May 14 »«. 34% 7% 111% 111% *104>/2 ' No par Nopar UHopar 108 Sep 25 114% Aug .; 9 ! 119% Jun 20 16% ■; ; 34% 19% 20 1 15% ' 100 67. Oct 10. 31 Sep 10 17% Oct-10 103 Sep.;lQ. Feb 16 '"<■.1 12% Jan 71% Apr 27 $ per share 20%, < 14% ="26%; --f , 8% 8% 8% 8% •!-7J/4\ "7% 14 14% 14% ' *77 - 343/4 27% 29 14% 100 —100 — .. . 30 63»/a Feb 18 ... Highest $per share , 104% 95 13% 98 98 27% , , 99 < Year 1945 share 34 50 ' .Nopar per 16% ♦103% *38 : 15 *105 13% 13 •90 • 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—— $ , 813/4 16 19% 19% - 47% 15., ' 107 20% 47% 38 17 107 81% 19% 33% 18 . , 10 100 31% 9 per share - Lowest'- , 9%: , 33% . 34 ^ 20 46 39 ,.*14% 18 *33 * < 46 9% - 9,100 110 v 31% preferred..-. 6% '■'!% 4,900 : cum ' $5 ; 50C 400 21% 81% 81% 81% 15% 16% 16 16% 103% 103% f'i r 104% 105 «34% 15% V .V1834 34 « 170 Range Since January 1 ■ Highest .Lowest . Public Service Co of Colorado___20 r Pub Serv Cotp of N ,;,*670 > 128 51 81% >34% 35% ,v-17%'.i 18 34 34% ; 20 20%; 39 9% 9% 9% 9% 81% 15% $4.75 12,900 i 81% ' \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 21% 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% *106 % 107 no1/* 111- vv 120 121 . v 121 *94 -.34-% - 106% >111 120 31% 31% 31% >"<•' in 21 110 *109 '110 •31% 106 ¥4 52% 52 ; 33Vst >100 *94 - 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% 20% ? 127 *113 128 52 : *33% V 34: :;v. 58 12% 40% *39% 57% . ;i loo 34 20 20% n 19% 20% 106% 106%' Wii • 106 106 % 112 ,112%110% 111% 120 119% 110% 120 -i 100% > 34 shareM 11% 12% "41 58 " ; *39 ' 5 Nor. 87 I per 57% .11% ' , "« -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% 100% < . 7% 6% *18 / 18 ; *23% 7y® . 18% * 50 50 :■ 100, ": 18 52 25 52 24% . 1003/4 193/4 133/4 20 / /'/14%..:>14%;' 14% 27% 7% ioo3/4 19% *25 18ya 27% t,; 7%j' .7% ^.vl7%-)L8v 7% 18% 53 24% '■ 49% . 100 y8 53 24% , *48 20 *26 143/4 37% -38% 50 20% 14 27% 7% 18 *: •14 " *48 10O - 14 38% 37% , 50 14 *25% 26 13% 14% 38% 50 •25 ♦49% " 51% -*23%;.-25:.: *13% 38 ; ' 19% 26 > 7% : 49 100 13% *25 38% 49 19% 19 y* , 13% 38 13% 13% 38% 38% *48% 50 •lOO'/alOl 24% 1 54 53 •24% 25% 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 %„ 112% 112%.. 10% 10% 543/4 47% 10% * 100% 99 ya 20 203/8 47% *99% 253/4 6% 12 13% ::i3% 106 133/8 14 106 21 213/4 31% 313/4 293/4 30% *78% 15 y8 15% 63% 51% 51% 36 : >: 52% 13% & *4% 43/4 7% ; - 14 . 8 *50% 175 •170 *323/8 33 *52% % 17% ;/:V 5% 11% : *96 ;; 39% > 65% *76 - 17 5% V*ll% . 15% 15 y8 15% 67' *65% 67% 52 , 167/s 16% / 22% , 17 17 22% 23% 23% 54% 54% ♦353/4 36% *101 102 54 36% 101% 31 31% ; '"..13%.- 14 - , <4% -.4% 7% 73A "52%; 52% >39%; 39% 54% 1743/4 54% *170 33% , 34% '33% . X25% 26 V X44 44% 41% •7<r 44- 40% 673/4 453/4 40 ■ > 68 i 81 > 65% /80% -17% 5% 11% WO3/® 33 25% . < *78 17% 6 5% ) ; r. 26% - 45% 40% t 42 67% t 17% 33% , :26% 68 *76. ;:M7 5% 81 17% 11% *11% 5% 12% 98 98 96 *94 97% *94 97% 40% 19% 40% 19% 41 *40% 42 19% 19%' 19% 14% 15% 15 15% 86 86 87% 16% 17% 44% 87% 18% ; 12% 40 193/4 39% 193/4 39% 15 14% 14% *86 ya 88 *86% > 19% 87 i5y4 *40% 111 : 15% 16% X40% 40% *110 36 36% 343/8 40% 15% •65 s 175 32% 6% 37% •49% < 25% 443/B " 51 -x.fr K • ' 8%. / 6%; *49% 503/8 14% 16% . 37 36 3/4 19 y8 *39% ' 67 80% 17% > 6% 36% 53 : 45% 393/4 65% 8% 8% , 21 65% 31% 31% \ 363/4 *170 ; 253/4 *76 8% 6% 36 87 65% ; 31% 50% / , 43% X 7Q 7% 73/4 v 253/i 37% 36% *100 193/4 ' 30% ,, 363/4 51 36% -101 <101 ; *30 31% :i3%" 14 -v, 4% 4% *52% £ 53 ^ 36% 36%. *, ^ 30% 30% '= 15% 65% ;/16%; <16% *22% 23% *64 ; 22% *78% ♦20 87 X19% 70 65 ,17 ,22% : 21% 15% 63% 14 106 32 30% 87 30% h 8% 1 8% ;:;.6%'.->; 6%" 34 36% 49% 49% 13% 21% ' 293/4 . 13% 106 / ' 12% 133/4 31% 30 29 7 37 21% 21% >31%; 21 *6% 36% 11% 14% 106 20% 49% 25%>26% 13% 13% 29 *64 r 11% 34 30% *78% ' 37 •104 99% 19% 6% 36% 101 49% 25% •11% 48«? *99% *983/4 .. 50 X25% 63^ 36% 11% 48!* 100% 49 6% 36% ioy4<: io%# ■V'.56V4fcfc 58%<i, , /:.99-..'...: 99 : 19% 20% 47% 243/4 ■ 10%u 56h 47%'. 54% 48 ■ 99^ 36 563/4 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% .23% 24% 12% 12 39'A .38 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 « |A 7% 7% 43% '44% 11% 11 Va 18% 19 19% "19% *15 114" *110 p;: t 43% 281/2 IS % 20% '.19% *101% 101% 101% *7% • /v ■ ■ 13 . ■ *13Va 13% .7% • 57% 10 ■% 14% :14% *52% 16% 16 A; 53%? 52% 16% 17 10% 10% : 4- J-»eO 00% 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 *15 15 Va 43% *104 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 *22% J-J# 1963 17 ; 20 12% 19 12 31 J-J <:-*r"i4 28™: 19% llVa J-D 41 J-D •32 36 31 47 ♦ 47% 35 45 41 43 40 52% 2001 A-O 34 34 34 50 1953 F-A 39 35 48 31 Va 30% 45 to 2.25^) 2006 (City of) 8s Stamped pursuant to Plan A (Int reduced to 2.375%) sec 1946 *.. J-J 100 ^ 100^ ' " 6%s 'F-A *30% . 22%, •; : : J-D •' 19% ,j» 20% v: 19% * •'-4 19% "i 2853. -1951 ;y ~ v 20% of 1926 1966 1967 * , (Int reduced to 2.25%) Of? 36 36; 01^ *37% 391 32 39 M-N Lol'i f V* -! ;* £01" 32 J-D ,r)| P2V* 37 32 •— Fot Financial Institution* , :k:; >• , *■ ■ -t' tin, ,'Vf '.i al9% 21 28% ;• 19% ;r 23% 29 • •' 51 19 28% ' 29% «. .. •; . j ; ■ f.-ji-" '. FOREIGN SKCIJRITIES Itii 23 ' 2 * 28%/ ' 23 • i HAUL MABES & C*Q. ted FOREIGN SECURITIES SPECIALISTS # • ' 20% 19% 1 27 -•I' ' 19 < ' ; 47 47 40% 38% 46% ••"■'30 mf 30y4 - 45 1 I. ? !'■<;•); 30% y* <34 r.ii=33% V44 ■ I" ' 52 50 ■ 2004 ■ U 25 J-D 36% 1999 municipal loan i.&'ot* 3oy« 21 '19% # 22 ; 3;; •* 42 ' 35% 39% *32 ^ 30% 2I'»>' 30%.=# j"!-" ' 22y4#30% 5, # ,2iy»: 30% 19% 25 loan 103 y2 35 ,?r-r'=l 45 A-O 5 1 •o > v, 30% 21% -M-S 5s.. •30% 21 m Af-N M-S - ^v#;;2i # 28%; 19% —1946 Stamped pursuant to Plan A- 4 119% ' A-O A-O -1962 21 21%; ^ external ▲7s 20%; 30%, 2* U'Zk 29% # * 1921 Stamped pursuant to Plan A ' (Int reduced to 2.25%)MM.2004 - - 21% •■■■■' ▲7s : 21%-' ;22y4 22 y4 21%-21% of 30% 21% -17;; 21% loan ; v 93 *.. reduced J 5 43 75 100 A 63 %•-•-30 J-D , - 30 >-D ;. ,. 24 48 F-A - ;.21% • 32% 24 ja5.!/a A-O . 114%^:;; 102 % 21% 21% 30% 36 *91% 110 (Int (Int reduced to 2.5%) ; 36% - Af-N 30% M-N ; > 94 20% .-'3 21% 46 33 J 16% *26% A-O 196X (City of) 8s 19 A-o i-i> ;5£ 22 y* ;21%" 21% • 100% 106% 44 ■ (Int reduced to 2%)^^.—..2012 108% 112% . 105 Stamped pursuant to Plan A ' 2 8 2iy8; 21% ,2l%- <2i%; ; -I960 page 98% „ 30 M-S 103% :;i6o% 102 W## — Stamped pursuant to Plan A #21% :i: —1960 1— see - y 105% 30 J-D ioo y4 A-O <;,v • 1961 (Hukuang Ry) footnotes , 5 1 Af-N For t*99%r *100 i07y* 103 99% >37 99 22 Af-N —1961 1961 99% 91% a-O - f, 6%s———1957f ▲Chilean-Cons Mania 7s. ▲Chinese 99% _ 101% 102 -•* Stamped pursuant to Plan A (Int reduced to 2%)^——.2012 108% .22'/4 M-S ^! 1903, assented— assented *102 J-D ▲6s external sink fund gold—1968 2 f-A M-5 • .1963 ; ▲Guaranteed sink-fund 6s. A7s ^ ; M-N ^ 101 3 21% J-J ••;»! *. 1 —-—1962 •;• assented. 18' 'vt5r-:;:5i.;w * 1 j-j Jan 1961 Sinking fund 6%s A 6a ; ; f-a Jan 91% 1 99%- 19 i.: A-G v -Feb 1961 .assented-^—- 101 * „ 88% 101 90% 101 87: 99% 108% 109% 109 % 109% . A-O ' 1960 ▲Guaranteed sinfc fund 6s__ ' • 108%. M-N w ! 6s . 99% M-N -Feb 1961' assented..: A6%s 99 % v51 1942 7s__ AExternal sinking fund 6s A 6s assented—. i A •• '99 r s 100 22 107 y4 107 y* ioi 20 104 ya MS 86% 101% ' 31 100% 100% 1942 AChUe Mortgage Bank /•■■■ A6%s assented. - Af-N •99 j-j v • ■ 99% 99 % J -J sinking fund 6s——Sep 1961 v'i* A 6s assented..: —Sep 1961 A External sinking fund 6s' > -.1982 v - A-o ▲Bxtl r F-A —..1954 ; - assented.: 6s 21 105 y4 1967 104 99 . 97% Jan 15 1948 A 6s assented , \ .1984 ▲External sinking fund 6s__ A 6s assented j " ' 30-yr;'4s—i.——1960, Xund 103 104 103 *104 99% 103 100 103% 5 102 ♦98 * 98 % A-O 1975 X ft bonds 5; AExtl sinking v • 1976 X 103 104 —• ▲8s extl —.—1961 s 103 Rio Grande do Sul (State of)— 4%-4%s External . ref 3yas series B seo ▲External 1957 f 5s AStamped assented 5s_..—1963 Stamp mod 3y4s ext to 1904 ' ▲Chile 49 160103; 1 M-S - (Province of)— ▲Carlsbad (City) 8sJ .46 36 100»/a100% A-O 64% 3%s Series No* 30— . 38 38 •35 < ▲Prague (City of Greater) 7%s—1952 64% *61" ——— 40 M-S 2008 5s s 42 y4 ▲Rio de Janeiro 65 56 *61 2%s (8tate)— ■, Queensland (State) extl 6s.M.MM..1947 . 54% 28— s 1959 35 36 *35 Stamped pursuant to Plan A v. -' (Int reduced to 2.375%) 2001 AExternal loan 7 %s...—1966 5 Stamped pursuant to Plan A ; > 65% 29 27 46 38 Jf-8 2008 , "61 mm*' 26 65 No. 3% external . =» J-D - 65% 55 16 60% No. Canada (Dom oX) 25-year 3 Vis 1958 2.125%) ; A4%s assented 54% 67% 61l/a 60 24 Refunding s f 4%-4%s External readj 4%-4%s External s f 4%-4%s • to sink fund 4%s APorto Alegre No. f J-J 0, 1942, agree 1970 ? Series s . 1963 9 A Poland 65 66 *61 61 y2 stamped—- * 1955 * 65 1 Series ▲6s 15% 1933 ' ' ...... 65 56 59 Series External J-J agree 13% 11% ; 16 ; 110% 14 is ya (State of) 7s -.1947 Stamped pursuant to Plan A# *> (Int reduced to 2.125%) 2008 ▲Peru (Rep of) external 7s 1959 57 y8 3 59,fev 22 10% 12 *10 ^ # A4%8 J ; 11% 116%. 16% 17% J-D A-O 65%-f. 3%s Buenos Aires 1942, assent 11 12% F-A f'65%^ 55% 59,;.; 59 Brisbane (City) s X 5s. Sinking fund gold 5s Sinking Xund gold 6s f s ▲Nat loan extl > 65 3%s V 5, 32 y4 0? 11% ».. agree 1945 — 29 *12% Jf-8 57 y8 •61 ..., f 55 .59% ..59% 33/4S Series No. 25 3%s 1942, 24 9 29 *10 •Q-J APernambuco 82 55% - 104% 102 9% ;q^ 1965 Ext 83 56 __ 101 Vs M-N 1942, agree " External sink fund 4y4s 4s sink fund extl loan > 82 77 2 19 V* 102 ya 95% -- 29 J-D ...1954 1913 Panama (Republic)— •77;# - % t r , 59% .59% 19... 3%s 3%s 61 22 10% ioo 97 9% 9% 1956 65% ,2'-' # m 4 m •*61# ,65% • No. 8 •103% A-O F-A 68% 79 y. ;: * % 11% 21 11 Va *95% A-O 1957 68 76 59 — Series 5, Nov. Municipal Bank extl 77% y.84#V:; v 82# 61% -61% 14„_. 3%s to reduced Oslo (City) 68% 58 ?. 43 l3_-i^. 3%s Nov. (Int reduced to 2.125%) 68% 55% Series 3%s 12% 11 1945 ASee external s f 6yas Stamped pursuant to Plan A =76:-;' 63 -82 > 3a/48 53 58 S 70 *82 3%s 12 Va *101% —' Norway (Kingdom of) 4%s_ 59 ... •82 8 3%s i 65%i i - 7_. 3%s I •' 77 58% ; 65% 5— 3%s Series No. 3%a Series No. . ■ : 65 3%s Series 6 to New South Wales 58ya 16 . 3%s Series No. 3 3%s Series No. 4 No. ^ V (Int t 84 6ft 3 ; 111 104 105 ; Stamped pursuant to Plan A ; External 65* 50% 60 104 12% 1945 extl 5s of 1899 £ ;(ATreasury 6s of 76% funding bonds of 1931 due. .1951 Stamped pursuant to Plan A Series *105% i J-D 1978 103 100 . ' •% 3%s 100% 103. J-D 1960 Mlnas Qeraes (State)— ▲See external s X 6%s Plan A (Int reduced to 3.5%) No. • 53 .vk* f 5s ▲Assented7 to Nov. 76% 86 65 'mm (US) ▲Assented 76% 0ft-k 62% .. (Int reduced to 3.375%)——1979 s ▲Assenting 4s of 1904 82% 58 69 101% = 102% 50 paid———————1968 ▲ Assented to Nov. 5, A Assenting 4s of 1910 _ v# 118 64% A ▲7s (Central Ry) • „ * M-S 1949 ▲Assented , 100% 102% 110 *68 1949 ▲Assenting 5s of 1899 *110% 115 ••»;# •101 104 y4 102 ya 90 y8 :i 102% •101 A-O ioi 101 31 .. Jsf M-N ▲Mexico 103% 110% 103% 115 # J-D (Int reduced to 3.375 %)——1979 ▲External s f 6%s of 1927. 1957 " # *106% 112#' •# /; - j-d 33-- 106 -1957 f 6Vas of 1926 Stamped pursuant to Plan Stamped pursuant to 131% : 100 v* 26 :101%, 102% 102 - 102% fitamped pursuant to Plan A (Int reduced to 3.5%) s 106% 112% ■ A-O A-O ' 101% 102 .. " 100 20 : 103% 103% . F-A External s X 7s....... ...1955 lABrazil (U S of)-external 8s____1941 ▲External 103% __.#1956 I 6s s Af-n 110% 111% ; * 98 102 104 y4 " unstamped AOs part " Belgium external 6%s External m-s 1956 External g 4%s of 1928 lo-year 3%s— 111% 6 100 : •101 % y 101 101% 1969 ▲Jugoslavia (State Mtge Bk) 7s 1957 ▲Medellln (Colombia) 6%s_ 1954 Mexican Irrigation— ;' ▲4%s stamped assented..—.1943 : ▲Assented to 'Nov. 5, 1942, agree 33 15:';"' 101 _ Australia 117 96 99% 100 7/a 1967 117 98 98% 72 iV 116% 99 y8100 101 Irish Free State extl ,. • 5s______i958 113 ioiv8 ioiy8 (Republic) s f 6s series A—1952 Helslngfors (City) ext 6%s —I960 ■ ▲Antwerp (City) external 115 109 ^33% 18 18% 110 1091/4 •101'/a ";A7s-. part paid-^...——1964 ^ 21%-, 37% ■ 18% 108% 100 M-S Haiti # 37% 2iy«; *17% • 38 104 39 19% 111 ; 99 A-O 1969 — • Greek Government— 10#*; i;#* 21%'' ^38 •' . series 7s < . 24 A-O X 7s 3rd series_1957 ;-.!•/%"• 85 series 2d (Republio of) 7s French Republic 7s stamped 85 77 VV' -' rnmm 21% *21% j-j 1957 1957 f 7s 2d series s 77 V •-.•>. ■, ..... ■ j-j 1945 f 7s 1st series 8 sec mm — .y j-j 1945 f 7s series C f 7s series D s 90 •78 __ j-j 1945 f 7s series B_. s IAExternal ▲External 1945 *78 . 1st 5%s 111 ; F-A A-O 5%s 106 *107 M-3 AEstonia ;; :"V''"► 20 111 100 A-O vCV.yiiSft'i 99 V* 88% 26 22 •107 J-J —1962 ■' 100 91 91% ♦iooy4 IA 1st series 5%s of 1926—.—1940 |A2d series sink fund 5%s_.,—1940 Customs Admin 5yas 2d series. 1961 * ;-«H' (King of Norway) 4s____i9btf Akershua ' 58 51 y4 110 *107 A-O 1955 12 91 ill A-O 1952 .—1942 95% 20 J-J ASinking fund 8s series B (▲Denmark 20-year extl 6s 1 1 *103 (▲Dominican Rep Cust Ad 5%s.—1942 («-;r ' ;; <22; J-D 1953 51% 51% 94 V# 95% F-A 1977 .,• < ;v*'J 4%s External gold syis External gold 4yas_ NY 1-1693 New, York 91% 90% 57.;?, *,?0 51% 56 51 ya 59% £•50 ; f ,.iS.4-V»."=.: M-N 4%s external debt Teletype y Foreign Govt. A Hunlelpal Agricultural Mtge Bank (Colombia)-— loan 81 ya. 31 51% >, =v M-N Rica (Rep of) 7s (Republic of) 5s of 1914 External Exchange- " M-a A New 58 \ 51% F-A 1949 . High 81% 1. 86 % 57 = M-N 1947 Sinking fund 5%s Wertheim & Co. 86% 58 < A-O 1946 1951 .. Loto 1 86% .'v' A Costa „ Sold No. 86% A-O Cuba Foreign Securities Range Slnee January 1 Bonds High 86% J-J 1970 Copenhagen (City) 5s 25-year gold 4yas Members Friday's Bid A Asked #•86% A-O Jan 1961 f s ASinking fund 7s of 1926 ASinklng fund 7s of 1927 XelephonCr or Bale Price of)— A6s of 1928 JrD Last < Loto ' 1980 PertoS High low New York , Interest V Transit Unification issue— Corporate Stock Week's Range Friday New York Stock Exchange Range Slnee Bonds • Bid & Asked #! u-vLots 3% NOVEMBER 29 .50 Broad St,.New York Telephone HAnover 2^0050 v .i» 4. N. Y.r, •Teletype ■ 42 =■ y 2850 THE COMMERCIAL & FINANCIAL CHRONICLE ;< Monday, Decefriber 2j l946 NEW YORK BOND RECORD '' Vv'feAklUbB WElkk. k^fbiNG ^bviEMBER\29'A.;Zr^::l jFrWav,:^!,Week's'Ranger Interest Last Period Sale Price v. -• Railroad Reorganization ' or Friday's Bonds Mid & Asked Low *, . Sold i ' Range Sine* January 1/7 w, Ho. High High Low Securities 92% 60 3b % Members New York Stock Exchange 61 Broadway _ Telephone—DIgby 4-4933 -- BONDS Friday New York Stock Exchange Last Period 8alo Price or -I Range Friday's California Elec Power 1st M3s„._ Calif Oregon Power 3y8S___ Canada Southern cons gtd 5s A— Canadian National gold 4y2S Guaranteed gold 5s Oct Guaranteed gold 5s Low Range Since January 1 Bonds Sold Bid & Asked High Low No* High Guaranteed »ASiin Paulo (City) 8s——:Z---Z.-1§5;2.' Stamped ;c (Int reduced to 2.375%)—2001 A6%s extl secured s f ,—1957 Stamped *35 .]'? T——" M-N — 57 71 j-J 70 65 j-j *50 65% 60 71 60 69% 55 61% 1950 j-J A7s extl water loan 1956 Z Stamped pursuant to Plan reduced to :;. •, 64 *47 m-s — tCentral of 2004 54 55 § A Consol gold 5s ARef & gen 5%s jseries B ARef 8s gen 5s series C 55 .. ffSaititDiX.pu5 po^ey 5 A Mobile 64 64% *42 j-j *45 j-J 1968 60 — 7% 7 Stamped pursuant to Plan A r A-O A7s series A-O *65 v 70 •64 — 10% 10 10% M-N ..1962 : 7s__ l.1958 8% 21 8 4 20% j-d 1955 F-A Sydney (City) s f 5y2s A Uruguay (Republic) extl 8s AExternal sink fund 6s 1946 F-A 1960 ' • : 102 102 15% L_. • 1/' it Z> bs 125 120 ' 6s—: M-N 1964 *115 — 123 123 31 , , 34 • __1987 86% 301/2 -29% 31% 26% 27% *23' " 105% 105% !!5t iqr7 .. 5~;: 14 109 IIIZZ~1987 ~1974 4sZl949 105% 105% . Aug.L 1949)^i.il«.l974 #46 51% #103 :U: 7 104 Va 104% stamp (partial redemption)^.1942 Champion Paper & Fibre deb 3s..-.l965 Chesapeake 8s Ohio Ry^/ » ^ ^ .V sink fund ^(4% % 25 -- *•-_ 5 A Central RR & Banking Co¬ ••W-r — *115 ■ 20 98% 104% 20 102 *120 f &>;'■ M-N 111' 8 13% *53»/4 ' dtlZZim Central Pacific 1st; ref gtd gold 1st ref series A 25 r ^.13.^' 14 16 14 -• '.'VeeA , 'M *22% j-d 1958 5 9% 9% M-N —1962 extl mmmm (045 . ^ / A 4s registered-.; Central N Y Power 3s ■; 12 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 'U B— N Y Gas El Lt H & Pow gold 5s„ series 103 105% 3%s series E 100% 102 103 Va 105% 105% 103% *107% 114 ... *106% ... _ — ANon-conv deb ANon-conv deb 3Vis ANon-Oonv aeb 3Vis ANon-conv deb 1947 ^ Conv deb 6s i t A Collateral trust J 7 A Debenture 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 ANon-conv deb 4s...——..—1956 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% 80% 102% impt 5s series C 3%s registered-—-,; Lake Shore coll gold 3 Vis 1st M s f 4s deposit Series H 91% 107% N Y Central RR 4s series A 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% *106% w. ;; 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, •.