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Abl
am.
2 0
UMARY
MONDAY
Reg, O
Volume
168
New
Number 4761
8, Pat. Office
General Corporation
RAILROAD
PUBLIC UTILITY
-
Affiliated Fund, Inc.—To Pay 7-Cent
A
quarterly
the
on
dividend
common
of
stock,
cents
seven
Jan.
payab.e
to
20
1949.
During 1948, the company paid six cents per share on Jan. 20,
April 20 and July 20, and five cents quarterly and a special of 12
cents
on
Oct. 20.
The
special payment was made in cash or in
stock, at holder's option.—V. 168, p. 2425.
'
INSURANCE
-
and
Corp.
Beaunit's
bid
bid
for
was
24-hour
a
Dec.
on
14
Bemberg
•
Dec.
on
Property
period,
A
in
9 Months Ended
Sales
Sept. 30—
Operating profit
Depreciation
officials said
1,553,850
38,940
Net
profit
-
506,232
144,350
outstanding-.:...—
share.
:
common
366,842
$2.42
•
18,432
$668,352
363,508
$888,471 "
—_
shares
per
168,
$3,462,444
331,896
—
Common
—V.
$7,860,270
1,200,714
26,130
626,439
—
—
$169,114
356,841
$0.47
$1.84
145.
p.
Rayon
and
'
i
;
•
other
elected
,
-'
shares
has
of
that in November it purchased
revealed
Pittston
V.
12,800
Co., after which it held 13,100 shares,
certificates for common stock.
as
Mr.
263,586
as
voting
trust
of
submitted,
follows:
as
integration and simplification approved by orders of
the SEC and by the U. S. District Court for the District of Delaware
was
consummated on July 30, 1948. . The new common stock of Min<neapolis Gas Co. and cash distributable under the plan are now
available for delivery
against surrender of the debentures, common
common
Jewett,
Aspinook Corp.,
plan
of
scrip
certificates
for
class
a
also
is
Insurance
Co.,
2569.
167,
p.
well
as
the
of
as
a
trustee
John
" '
-
Hancock
■
Trust
*
--
The
Alleghany
chases
plans
issue
to
monthly
reports
on
its
pur¬
sales of securities.
and
Robert
Corp.
;
Co.—
♦Operating
W.
Vice-Chairman of the board, has so indicated in
of Philadelphia, Chairman of a protective
committee for the 5V2%
preferred "A" stock.
"We shall give to your group," said Mr. Purcell, "monthly reports
Indicating purchases and sales of securities, except to the extent that
we
consider such information confidential*, but we plan to make the
letter
a
to
Purcell,
H.
R.
Baxter,
information public simultaneous
same
Mr.
Purcell,
"The
in
board
his
added:
letter,
authorized
with its release to you."
.
wish for
may
to
me
\
advise
that
you
will
careful
receive
the
consideration
the
at
directors'
meeting
at
which
wish
member
which
to
make
the
of
you
it
board
clear,
is
committed
suggest."—V.
may
that
neither the board nor any
vote in favor of any candidate
however,
168,
to
institutional
the sale of such
cannot
be
opinion
the
financing
the
Sales
Sept. 3C— '
ing
—_———
Profits
after
deprec.
$18,162,073 $14,559,610 $11,699,796
$5,924,308
1,930,840
Net
1
tax
125,040
71,562
1,121,192
35,982
771,731
as
of
it
the
$1,732,544
$1,248,167
$127,625
1,178,712
1,034,323
$1,168,420
$698,221
589,356
$2.94
—
T——
No, of cap.
Earned
shs. outstdg.
589,356
share—.
$3,98
per
♦Deficit.
it
■
.
-
$656,811
591,356
$2.11
Cash
U.
1
Current
Current
—V.
assets
:
—
p.
557,104
1,334,420
10,392,940
11,492,405
1,213,192
2,129,04g
5,634,403
1—
;
4,467,360
507,967
1,709,040
;
liabilities
3,651,277
3,550,000
4,465,983
—
-
i—
168,
1947
2,897,374
I:
securities.——
Inventories
Surplus
SHEET ITEMS
$22,867,660 $22,664,178
:
securities
marketable
well
plan.
as
such
other
proposes,
steps
which
Power and its
In view of this
and
the cash
:
——
altogether may improve the cash posi¬
subsidiaries.
position of Foreign Power, the directors
American
Airlines, Inc.—May Acquire Stock
in Pan American Airways Corp.—
Interest
Overseas
Airlines, Inc.
Stock and Bond
Ben
Wright has been
Mr.
tions
New York
New
York
(Stocks)—______17
Stock Exchange
of Director of
Airlines and American Overseas Airlines,
Vice-President of the
public
per
Sept,
unappropriated,
outstanding
share..
$8,288,104
400,000
$3:. •
30_—
—
—
—•
this
interim report, demurrage in the net
1948, applicable to voyages terminat¬
included herein.
Operating expenses also
include
strike
expense.,
tLoss.
$1947 earned surplus restated to
reflect adjustment made at Dec. 31, 1947, reversing charges in prior
years for excess of
cost over par -value of company's capital stock
purchased and held in treasury.
the
of
of
purpose
collected in
$188,999,
has
1947,
in
been
Stock Exchange
Boston
(Bonds)
Curb
Exchange
33
Stock
Exchange
38
38
Stock
Exchange
Chicago Stock Exchange
Cincinnati Stock Exchange
Cleveland
Detroit
Los
Stock
_____38
1—39
...
39
-39
Exchange.
Stock Exchange—
Angeles
Stock
____39
Exchange
—_—-40
Philadelphia Stock Exchange—
Pittsburgh Stock Exchange
40
—
Francisco
40
—.41
Stock Exchange
Stock
Toronto
Stock
company
announced on Dec.
relations
Exchange
42
—42
'
Exchange
43
45
28
Established
Bell
System
1899
Teletype SU 464
OLDEST INVESTMENT HOUSE IN UTAH
received
Commission
Maritime
S.
$15,046,606;
account,
the
from
1948
notes
receivable,
for
U.
title,
and
S.
cost
American-Hawaiian
less
for. which
no
Government,
LIABILITIES—Accounts
(est.),
under
disbursements
$506,380;
tax
note
on
for
reserve
vessel
on
payable and accrued liabilities, $2,503,676;
$16,587; Federal taxes on income
payable, $1,500,000;
excess
of
revenue
over
uncompleted voyages, $898,653; reserve for repairs,
contingencies,
agreements,
agency
$371,881;
$99,268; reserve for capital gains
deposits,
$2,079,593;
reserve
for
insurance,
$1,150,000;
capital
claims,
cargo
replacement
$445,000;
fund
reserve
for
stock
($10 par), $5,000,000; earned surplus appropriated for replace¬
vessels, $12,636,454; unappropriated earned surplus, $7,657,061;
treasury stock (110,200 shares at cost), Br$2,570,360; total, $32,294,193,
ment of
—V.
168,
p.
1577.
American Investment Co. of Illinois—Makes
Exchange
Offer to Ohio Finance Co. Stockholders—See latter
American Metal
On
of
Co., Ltd.—Initial Preferred Dividend
Dec.
share
com¬
below.—V. 168, p. 2426.
pany
on
record
This
9, the directors declared
the 4%% preferred stock;
Feb.
19,
initial
an
dividend of $1.12 V2
payable March l, 1949,
General Corporation
\dividend is being declared not quite three months in advance
date.
It is intended hereafter to declare quarterly pre¬
dividends
payment date, instead of
at
board
meetings
held approximately four months
approximately one month, as hereto¬
& Investment News.Cover
City Bond Offerings.
...
Dividends
Declared
and
—58
47
St. Louis Listed and Unlisted Securities
48
Payable
48
Foreign Exchange Rates
48
Edward D. Jones & Co.
Established
1871
Condition Statement of Member Banks of
Federal Reserve System
48
Month of November.
300 North 4th St.,
Auction Sales
St. Louis 2, Missouri
Members
,___
."1
New
3
48
per
to holders
1949.
payment
Capital Flotations for the
Salt Lake City 1
SEPT.' 30,
$1,453,147;
fore.
Reserve Banks
160 S. Main Street
,
joint
requisitioned
before
Miscellaneous Features
Combined Condition Statement of Federal
EDWARD L. BURTON & COMPANY
hand,
on
ferred
Redemption Calls and Sinking Fund Notices__48
Light
U.
of
Co.,
vessels
advance
of
State and
Utah Power Cr
and
depreciation of
payments have
$14,433;
Vessels and
steamer
equipment
(less
reserve
for
depreciation
of
$1,184,061),
$1,708,856;
shore plant
(less reserve for depreciation of $239,669),
$251,535;
deferred
charges,
$1,240,092;
total,
$32,294,193.
___37
The Course of Bank Clearings
Specializing in
credit
three
46
Stock and Bond Averages
SHEET,
BALANCE
banks
accounts receivable,
U. S.
receivable, $1,661,557;
Steamship
28
3.
department.—V. 168, p. 2426.
in
accounts
been
Transactions New York Curb Exchange..
Wright joined AOA two years ago as its Director of Public Rela¬
and since September of this year has been acting Director of
American's
$9,200,479
912,375
$7,657,061
389,800
$1.29
—-—»————
surplus,
shares
amount
ing
the
Page
New York
Over-the-Counter Markets
appointed to the dual position
Public Relations for American
Smith,
$1,475,790
7:724,689
$8,540,486
883,425
1—,—_
Government, $2,926,764; other
miscellaneous accounts receiv¬
able,
$1,971,261;
inventory
of
merchandise and supplies, at cost,
$102,653; other assets, $4,617,664; assets allocated to insurance fund,
$1,150,000;
vessel replacement fund
assets, deposited in banks to
Quotations
Toronto Stock Exchange—Curb Section...
below.
Director of Public Relations—
Rex
Earned
Capital
Earnings
trade
Transactions New York Stock Exchange.
•
paid
$149,625;
Montreal Curb Exchange
American
$503,528
t8,036,958
—
Jan.
——_i:_——
--Total"'.———
Dividends
CONSOLIDATED
Montreal
Tivoli Brewing Co. below.
See
.
unappropriated,
ASSETS—Cash
In This Issue
St. Louis Stock Exchange.
1793.
Altes Brewing Co., Detroit, Mich.—New Name—
See
$2,259,790
784,000
taxes——
i——
—
surplus,
♦For
therefore, to approach certain govern¬
lending agencies with regard to such financ¬
to continue negotiations with certain such agencies and
Foreign
San
-
within
and international
Baltimore
-
—
Govt,
S.
Other
<"$463,731
591,356
$0.21
1948
assets
effected
,
Sept. 30—
Total
be
cannot
479,432
$599,528
96,000
such terms
present time. The corporation, however, is
explore other possible sources of such
591,356
591,356-
COMPARATIVE STATEMENT OF SELECTED BALANCE
.*
on
should
that
income
Federal
for
814,078
gains—
.
profit
Earned
terms
the; possible sale of; debentures oil
"
Surplus
Net
Prior to and[ since Nov. 26,
representatives have been investigating
determined
is
capital
and
income
Provision
15,
$1,780,358
t$214,550
:
regular quarterly
the
43,005
46,952
$2,347,132
L
paid
it
of
the
at
that
corporation
take
tion
effected
$217,582
$2,055,880
142,432
1,518,523
provision—
income
Dividends
$2,925,298
$4,008,087
charges
Federal
2.736,289
189,009
72,778
income
Total
investors
Total
■'•*«
-
investments
from
86,730
130,852
3,935,308
_■
income
Income
Income
1
—.—•'<
-
&
depletion
Other
to
1945
1946
1947
1948
of
debentures to the institutional investors
before
framework
The
Alpha Portland Cement Co.—Earnings—
payment
it was hoped would fall within the framework of the company's
reorganization plan.
It has developed with reasonable certainty* that
mental
12 Mos. End.
the
which
2425.
p.
of
the company, officials and
of
management slate is selected.
"I
consideration
—.
$24,166,499 $22,438,484
24,284,603 20,591,228
96,446
66,898
—.
income
Operating
1948, for the reasons stated in the letter.
with
suggestion which
any
candidate
a
that
Co.,
Power
dividend on its $6 and $7 preferred stocks was postponed until Dec.
1948
to be included in the slate of directors
which will be submitted tc the stockholders at the 1949 annual meeting
you
stating
Foreign
1947
1948
-
—-_'
North¬
(& Subs.)—Earns.
Steamship Co.
revefiue
expenses
New York
exchange agent,
the
to
New York, or sub-exchange agent,
Minneapolis, Minn.—V. 168, p. 642.
of
Sept. 30—
♦Operating
Inc.—Again Defers
Action on Preferred Dividends—Financing Postponed—
James S. Carson, Vice-President, on Dec. 15, said:
>
On
Nov. 26,
1948, this company senV to its stockholders a letter
&
surrendered
Bank
National
Depreciation
American
common
be
Broadway,
100
Co.,
B
9 Months Ended
Plans Monthly Reports on Its Securities Transactions—
.
class
should
American-Hawaiian
Co.,
Life
,
Optical
American
the
of
1
been
Mutual
Attleboro. (Mass.)
Boston' andv the
of
has
of
director
a
Bank
and
A
for subscription
series (or cer¬
of American Gas & Power Co. and
stock of Community Gas & Power Co.
therefor)
deposit
Securities
western
the Boston'Edison Co.,
American Enka Corp: /
~ *-■'■■< -
director of
National
of
for common stock, warrants
(old) first preferred stock $6
and
stock
common
tificates
Corp.—New Director—
President
Toner,
Toner
First
Enka
V.
well
C
B shares, 91,851 class
American Bemberg Corp.
preferred
common
were
«
Trust
American
^
Alleghany Corp.—Buys Pittston Stock—
The Corporation
6,175
D
bids
Conn., $16,110,000; Rayon Corp. of Tennessee, $15,097,822; Kuhn, Loeb
& Co. and Glore, Forgan & Co. heading an investment banking group
of about 115 members, $12,104,462.—V. 168, p. 1793.
James
common
and
Corp.
24,033 class
Three
:
•
through loans already arranged
acquisition
The
stock,
for. Details of these
loans will be announced later, the company said.
The shares bought from the OAP are 177,398 shares of class C
common stock and 88,853 shares of class D common of North American
stock
Co.—Exchange of Securities—
has arranged to pay for the
the company
.
1946
1947
1948
taxes
Earnings
Subs.)—Earns.
(&
$11,225,482
———
Federal
Corp.
Appliance
asking
pending further
American Gas & Power
Beaunit Mill
Electric
petition is being filed with the Federal District Court
the Court to retain jurisdiction of the company's
developments. See also V. 168, p. 2317.
report and
Maine
plan
'
Air-Way
it prudent to take no action on the quarterly dividend
$6 preferred stocks ordinarily paid on Dec. 15, but have
consideration thereof to some date not later than Feb. 15,
its acceptance of Beaunit's
announced
and
any
1949.
,
14.
Dec.
deemed
deferred
Corp,
the highest among four when bids were opened
13. The agency reserved the right to consider the
American
by the OAP
bids
Alien
of
the $7 and
on
accepted the bid of $17,111,126 of Beaunit Mills, Inc., for the majority share holdings of the
government agency in two rayon companies, North American Rayon
Office
The
MISCELLANEOUS
-
have
Bemberg Corp.—Beaunit Mills Wins Bid—
American
Dividend—
share has been declared
holders of record Jan. 5,
per
and Investment News
INDUSTRIAL
-
Copy
Price 75 Cents a
York, N. Y., Monday, December 20, 1948
St.
York Stock Exchange
Louis
Stock
Exchange
Chicago Stock Exch.
Chicago Bd. of Trade
New York Curb Exchange Associate
,
Phone
CEntral 7600
Bell Teletype
SL 593
."
2
(2534)
THE
COMMERCIAL
&
FINANCIAL: CHRONICLE
Monday, December 20, 1948
.
"Comparative
(Including
Subsidiary
Period End. Sept. 30—
Prof. bef. items below-
Other
income
Total
&
Payable
gen.
$3,303,936
and
income
President
$8,145,340
2.316,814
AOA
1,802,807
199,499
$9,948,147
625,196
56,404
195,313.;
499,391
218,170
987,354
711,981
of
Total
224,074
650,006
654,275
1,398
7,174
...V. 5,318
♦cri86,800
64.800
*Crl02,508
564,516
2,152,465
net
Cr2,397-
Crl8,917
Cr4,704
811,548
For
of
,
$1,181,829
$1,185,311
$2,981,488
share
$0.88
$3,406,475
$0.89
-,$2.19
$2.54
American News Co.,
Sept. 30—
V,y
/"
;(i;
44,627,181
Fed.
:
'
"
inc.
41,585,734 130,456,701
,•
,.1-
v
ceived
•current
711,268
842,872
1.09
corporation
that an
approval
and
American
•,
agreement
had
been
consolidation
a
of
the
of
Pan
Civil
of
nitely estimated
American
to
at
Board
and
the
also
a
the
Dec.
the
follows
recent
transfer
of
for
the
assets
sLock
Pan
in
of
owned
holds
the
about
was
by Pan
and
Dec.
Income
Pan
will
provides
including
Pan
that
at
Prov.
the
first
of
share
As
in
the
on
of
on
of
30,
nine
months,
Pan
common
parts
on
and
some
of
while
'
.
of
flight
in
the
nea'r
to
future
$1 per share.
the new shares
list
"•
'
:
(•
s-
;
Aspinook Corp. will own and operate
Aspinook Corp. at Jewett City,
Conn;, The',,,
at
Lawrence, Mass.,, Arnold Print Works
present
Works
a^t
Mass.,
and Union
•
' ,'
'
,
notes
.
U.
(net),
$134,573;
property
$4,645,907;
Sales
.—v.
168,
basis
and
surplus,
$85,645,285,
or
including
about
and
Operating
$13.93
•
-
and
a
There
also
were
commitments
for
are
pending before the
anticipated within the
CAB
next
-
to
as
100%
In
interests
•'
Financial
.
airlines
in
hotel
•
Manager'
The
that
•purchase
••
shares
"to
'
34,612
406,000
Fcderal
57,508
Other
$663,245
SEPT. 30,
1948
depreciation
(prepaid
V".
;
■
lease
on,
Income
\
etc.):,,,
1
'
Interest
taxes
18,047,047
13,906,288
18,202,815
Balance
55,145
;
683,730
'
188,999,559
133,165,687
13,019,658
and
from
S.
&
of
27,849,831
1,055,962
profit
1,780,000
——
interest
26,858,409
charges——.
11,549,512
712,994
preferred
at
stocks_c.j_—
to
common
1,433,980
stock—i
24,746,876
share
share
to
'
....
1,180,553
of
9,576,997
$9.30
com.
barrels
stock
($25
pari.
(net)—J—_
$3:60
$82.46
20,148,790
" '
^refineries,: barrels:.;..^-,^—39,649,677
give
effect
to
reclassification
adopted
;
Dec.
-
'
$72.94
17,865,785
37 090,122
37,907,335
31
1947.—
.:
Barker Bros., Los
Angeles, Calif.—Sales Higher—
corporation
reports
that
delivered
sales,
Nell
but
V.
for
1948
will
thus
168,
far
in
December
business
is
said
to
be
On
year
(&
Subs.)- -Earnings—
5,378,424
2.34
-V.
? ;
168,
V
4.89
Sales
Profit
Sept. 30—
Net
1947
Net
a
1—
Capital shares outstanding..
Earnings per share
8,674,332
8,674,332
$4.47
—
$3.97
8,674,332
$1.51
;
738.
the
at
;
1947
-
$2,715,602
outstanding....—'
■*
2,500,417
•"
948,820
'
$3,473,73
$2.70
948,82(
t
•.
'
$3.6(
to
$1.4'
in
1947
'
'V
Beech Aircraft
Fiscal Years Ended
Net
Income
1578.
Corp.—Earnings—
Sept. 30—
1948
sales
Net
p.
after
Earnings per
♦Net
loss
taxes
common
and
'•
share——$5.53
Nil
after
allowing for loss carryback adjustments.
"
fiscal year's net income of
$2,213,626 contrasts with aggre¬
gate postwar net losses of $2,045,398 Incurred
in the 1947 and 1948"
fiscal years, with $168,228 to
spare, Walter* H. Beech,
President, said.
The company paid off all deferred
renegotiation refunds during
the-,
year, all DPC loan notes issued when wartime facilities were
.
♦Includes
depletion of timber land
and
phosphate deposits.
depletion of metal mines.
'
tBefore
'
;
.
NOTE—^The
consolidated
342.
p.
equity
and
$2,230,965 in
not
in undistributed earnings
of subsidiaries ' not
included in above income acount- amounted to
1948, $2,618,886 in 1947
■■■■ -
and
;
.
$1,245,736, in
-•
1946.—V.
'
168/.
'■
The
and
1948
was
liquidated
i
Amndei Corp., Baltimore,
Md.—Earnings Show Gain—
11 Months Ended Nov. 30—
Net
income before' income
Federal Income taxes.:
1948
taxes.
...—$800,501
175,000
i
Net
the
last
quarterly
195,000
—_
report,
R.
A.
$625,501
$420,724
corporation
was
low
a
revolving credit
control
and
major assist
purchased,^
agreement
reduction
on
this
of
with
bidder
on
contracts
a
inventory
program
of
group
to
of
banks.'
minimum
debt repayment.
a
annual
in
company
report also discloses the1 diversification achieved
the manufacture of items both in and outside
the
by the
aircraft
industry.
These products include components for
dishwashing
chines. cotton pickers, aiid domestic refrigerators; In
the
last
of
exchange,
remittance
for
foreign
subscriptions
and
advertisements must
be
made
ma¬
half
of
the accumulative total of contracts for such
commercial
products amount to about $1,000,000.
.
Froehlinger,
President, said,
aggregatihg $1,061,573.
Volume of contracts work" on
hand, he stated, is $12,976,310 and the
outlook is satisfactory.—V.
168, p. 342: V. 163, p. 1278.
'.x
the
The
as
the fiscal year
profit——.*—
Since
-
—
1947^'$615,724
its
Inventory
credited
Among
part
oi"
the
the
aircraft products produced, which constitute
the largest
company's business, were the 4-place, all-metal
Bonanza,
(Continued
,
wites
1
1947
$24,141,120 $26,211,411
2,213,626
*1,816,469
charges..
on
page
7)
(Reg. U. S. Patent Office) William B. Dana
Company, Publishers, 25 Park Place, Netv York 8. N. Y., REctor 2-9570.
President; William D. Riggs, Business
Herbert, D. Seibert. Editor and
Publisher;
Manager.
Published twice a week
[every Thursday (general news and advertising issue) with a statistical-issue on
%: offices: 135 S. La Salle St., Chicago
3, 111.
(Telephone State 0613);' 1 Drapers' Gardens,
Monday].; Other
London, E. C., England, c/o Edwards & Smith.
as second-class matter February
Copyright 1948 by. William B, Dana Company.,
25, 1942; at the post office at New
Reentered
York, N. Y., under the Act of March 3, 1879.
i
American Union, $35.00
Subscriptions in United States, U. S. Possessions, Territories and Members of
:per year; in Dominion of Canada, $38.60 per year.
PauOther Countries, $42.00 per year.
V WOTB:
the
^
5,974,148"
quarter ended Sept. 30, 1948, amounted
with $1.45 a share for
the same quarter
1578.
per
Not stated
the
compared
1,000
1946
.
$2,558,236
948,820
for
p.
for
$32.50
:■
share.;—$2.96
per
:
-
SEC
about
Wins Stock of
Rayon Companies- -See American Bern-
8,621,383
$38,740,692 $34,473,066 $13,159,083
-
p.
with
offered
1948
berg Corp. above.—V. 168,
$70,808,928 $32,125,936
8.088,554
8,896,813
28,090,000
28,101,000
9,985,400
152,322
.143,308
•
84,635
be
(& Subs.)—Earnings—
%.
profit
168,
filed
was
to
$20,586,477 $19,065,946
4,731,488
4,368,461
r_—2,015,886
1,810,225
shares
share
—V.
1946
$72,263,564 $67,953,683 $31,152,365
3,340,833
2,855,245
973,571
taxes—w-.
$10).
...
profit
Earnings
1948
(par
underwriting.—V. 168,
charges
taxes
Capital
1138.
p.
after
Income
4.08
•
without
stock
6 Months Ended
Sept. 30—
1948—9 Mos.—1947;
1.39
letter of notification
a
common
Beaunit Mills, Inc.
215,209,000 653,292,000 606.658,000
8,260,000
28,670,000 " 24,329,000
5,378,424
5,378,424
5,378,424
13,365,000
charges,
;
8,
of
share
1948—3 Mos.—1947
Manufacturing Co.—Filing With SEC^—
Dec.
shares
|- William Dana Seibert,
in
ap¬
satisfactory;
1794.
p.
Chronicle
On-aecount-of-the-fluctuations
r
be
$33,000,000, as compared with $30,000,000 in 1947
Petree, President, states that November sales
fell behind a
'
152,943,628 118,334,141
2426.
—
.V.,':
22,936,419
*494,674
10,368,954
Well
10,836,513
1,259,521
838.
p.
Tfhe
ago,
21,576,583
Minority interest
tNet
3,050,066
8,209,243
products/barrels—40.141,784
168,
—
.27,984,041
Oil
proximately
—L—_—$75,604,397
foreign
♦2,154,901
9,621,695
26,180,856
common
;
165,705,699
2,462,490
♦Depreciation, obsolescence, etc.——
U,
amort.z,
...
per
121,192,697
2,720,667
operations—
income
2,486,702
3,331,214
abandonments ■V
other
Halliburton
before
applicable
va'ue
Sale
501,867"
2,309,945
income
Total
4,135,900
6,355,550
.1.677,553
Book
V.
1,830,813
share.
9 Months Ended
Income
of
stock—
Famed per
1
v1-" $
•.1'v "
166,207,566
:
7,799,400
1,881,438
income
Net income
Dividends on
Anaconda Copper Mining Co. (&
Subs.X-^-Earnings—
Other
sale
Co.
1947
"
V
.
amortization
and
and
charges
•
189,683,289
cost
amortiz.
lrom
Total
•
1948—10 Mos.—1947
18,257,960
'
1948
Miscellaneous
-
' v
18,116,162
*
69,115
ji~zJ(■%
1947
9,074,492
assets: "
retirements
Cementing
%>;'/•
1948—Month—1947
236,838,000
♦After
to
233,515,414*189,482,909
:
fixed
to
development
oi
reserve
V'
.
Period End. Sept. 30—
com.
offer
•
; ;
insurance,
;
stated
10
an
319.025,888 223.757,523
expenses-;.,
—
production,
charges..;.—
per
of
.,1948
taxes.....——i—
applicable
run
American Tobacco Co.
Earns,
Dec.
Subs.)—Earnings—
—:
Deplet
securities, $3,700% accounts
inventories, $485,646; other as¬
(after
'
;:
Net operating
income—j.
23,196,971
Nori-operat.ng income (net):
,>.%• V:
"•>
\
income
Depreciation,
$727,607
Govt,
charges
(&
general
Intangible
485,000
'
$584,551 V
income
taxes
Reserves
$i;2l2,(«7
'
operating and
oil
incorrte .Jest.)...^.
Com. shares outstdg.—.
New York, N. Y., on
deposited in acceptance
>
operating
Costs,
oil
♦Net
Public
the
1,697,927
$1,155,099
Crude
Sales,
of
Sept. 30—
$31,600,622 $30,947,431 $369,219,309 $345,941,942
168, p.
was
make
9 Months Ended
Telephone & Telegraph Co.—Earnings-
*Deficit.—V.
asso¬
number
a
2,273,195
$906,551
:; 322,000
equ.prtient
—-
income.
oper.
after
/.
.
been
Brewery—
Co.,
has been
Atlantic Refining Co.
1948—12 Mos.—1947
Bates
Net
i',\\
had
steamsnip company at $47.50 a share;r
the stock purchase i>Ian
operative." %" ;
;
The bank, as
agents for customers, said that
approximately 70,000
shares had been deposited.—See V.
168, p.- 2222.
...
Net
Trust
stock
common
ex-dividend
<
.
O'Connell
'v,^;'v:;
Manufacturers
sufficient
—1948—Month—1947——1948—11 Mos—1947—
Operating
revenues—
Operating expenses
Operating taxes
Mr.
the
cf
Crude
rev.
:
•
ATF,
Atlantic Gulf & West Indies SS. Lines—Stock
Purchase
Plan Operative—
$5,378,719 * $5,126,221
Stores Co.—November Sales Incr. 2.1%—
oper.
'
to! joining
The
Americap-
1,814,103,
,
and
few
devices.
prior-
the
company's brewery and beer and ale distribution
business at
Norfolk, Va., have been purchased by Murray
Glasgow, of St, Louis;
Mo., and a group of associates.—'V. 163, p. 66;
loss
and
;;
revenues
Director
['"-Ji
manufacturing
$1,069,245
S.
deferred
Period End. Oct. 31—
Uncollectible
"
-
Relations
later
Careful
Pan American has interests
ranging from 20%
iroughout Latin America, and in
China, as well
Commercial
earn¬
electronic
with
♦Restated
was
had
of
Atlantic Co., Atlanta, Ga.—Sells
concerning
$871,939
$466,034;
2110..
p.
Public
company's wartime plant at Beaver,
Pa.,'
of
its propeller division
at
Caldwell, N, J., and recently ;
Assistant to the Vice-President in
charge of public relations
for iall divisions of the
corporation.—V, 168, p. 2003. ■■"
and
other
w
appointed
was
//// .l-'i;3
2318.
p.
been
and
Relations
1948,
$1,022,803
46,442
308,000
$813,489;
receivable
has
Curtiss-Wright. Corp; for seven years in
public relations and
advertising executive capacities. • He
of
well
obligated to purchase $34,500,000
$7,350,000 already had been
paid,
are
its
14,
O'Connell
..
V ■//• •/' ;/'/>;•/
1,405,173
.
BALANCE SHEET,
American
equipment
actions
pay
war.
German
2,692,677
$462,874
Per. End. Nov. 30—
payments for past periods
be prorated
if" possible,
~
■
:
$770,874
Fed, inof tax..
American
5
"
:
as
..
■
I.——
that
materials.
these
its
In
1,806,431
$735,954'
,
income.
168,
1948, American
was
%
roperties.
Print
Immediately
1,569,301).
corporation's
expand
Oct.
$4,236,407
-
shares.
American
A.number of PAA mail1
payments
months.
The
V.
30
value
stock
totaled
of which about
balance of $27,150,000.
In
made
Inc., the parent
plants at Elizabeth,
turer
re¬
payable,
$118,745;- Federal
income
tax
taxes
(accrued), $86,749; preferred stock,
no par
(declared value $50 per share),
$2,621,2C0; class "A" stock, no
par
(declared value $50 per share), $702,250; common stock
(pal"
value $1 per share),
$91,627;' surplus, $2,555,711; total, $6,603,175.—
American
$57,117,085
current
liabilities (including
$10,000,000 current
bank
credit).
Long-term bank credit
current
of
United States.
1897.
p.
2,127,535
1,492,288
income-.™
(accrued),- $426,893;
...
consolidated
planes,
a
$5,200,000
costs..
$1,624,195),
American
Pan
^
seven
a
6,145,082
Sept.
new
leaving
first
on
1948—9 Mos.—1947
$53,827; total, $6,603,175.
Over¬
bank
$40,000,000
$30,000,000.
Common
the
168,
income—34,920
,
total
was
ings for
r
sales.,.
lor
sets,
of'$16,847,814.
Additional mall pay has
American, on a consolidated basis, had net
Pan
$36,682,801
its
balance
be
Co.—Earnings—
are
American
offered
$4,355,777
ASSETS—Cash,
and
months of 1948 attached to'the
Overseas had net income of
$742,932
shares.,
out
-
nine
revenues
consisting of
and
the
of
H.
ciated
excels
income " and
interest
of
The
to
of the
part
iixtures."-—-V.
-
company's equity
Airways," which is
.
'
Assets
*
:
average
either
this
however,
determination.
final
April
of. $1,171,000
'/fr
"formally
operating
Net
an
share,
the
with
$LQ6
Mueller "to recent reports
American-Standard
etc.,
Total
defi¬
Constellations and five DC-4s.
There
obligations and notes of
$4,850,000
Common
stock and surplus
together totaled
$16,631,680, or about $9.54 a share
on
the 1,749,825
common
Pan
companies at
specialize in the
ATF
Olean
10,043,291
investmenis
?/./' /•':
south-central
said,
War
ice,
of
Other
Ameri¬
be
either,line,
mail
any
next
Depreciated
assets
will
Gross
voting trust
stockholders.
that
a
*
.
awarded
influence the
that American
since
long-term
Works,
three
company of American Type Founders,
Inc.,
and Mount Vernon, N. Y.;. Daystrom
Corp:,:
Friendship, N. Y., chromed steel furniture
manufacturer;
Daystrom Laminates, Inc., Daystrom, N.
C., hard plywood and lumber
producer; and I'rederick Hart & Co.;'
Poughkeepsie, N. Y., manufac-
$
137,396,000
$1.69
Federal
losses.
war
primarily
$'
for
•
were
affiliated
Print
The Aspinook
ATF, Inc.—New Public Relations Director—
-
included in this income
statement.
The auditors, it
was disclosed, are
to report on
May 5 concerning
the valtie of the shares
which are to bs
exchanged.
Another highlight of the
agreement
is
that Pan
American
later
intends to borrow another
$10,000,000 in addition to the
$40,000,000
bank credit now
outstanding.
It is
understood that these
banking
arrangements are fairly well
assured.
American Overseas Airlines will
call a stockholders'
45
meeting within
days of the approval of the
acquisition by the Civil Aeronautics
Board.
Pan American
itself will hold a stockholders'
meeting within
the same period.
This
meeting is to consolidate the present
holding
company (Pan American
Airways Corp.) with Pan American
Inc.
Airways,
This is a technical
transaction which does not affect the
acqui¬
sition.
V
'
/
•
In
regard to the voting trust which
will be set
up to
administer
the shares of Pan
American turned over to American
Airlines as a
result
of
the
transaction, it was stated that there will be three
trustees, one appointed
by Pan American, one by American
Overseas
and one
mutually agreed upon.
Upon subsequent sale of the
in
holdings
the voting
trust, there will be a limit of 100,000
shares going to
any one
individual or
company.
Pan
American
and
AOA
have
agreed
to
try and
obtain
CAB
approval within six
months, cr at least by nine months.
The following was shown in
the Sept. 30 balance
sheets:
American Overseas had
current
assets
of
$12,296,601 and current
liabilities of $3,067,824.
$8,537,732,
the
Operating
$3,244,535,. after taxes, for this period, and total
operating
of $106,333,002.
Estimate^ for mail payments due from the
government
1941
a
•
exclusive
given by Mr.
was
he
on
covered
of
plumbing
Other
American
American
outstanding,
v
of
revenues
Lawrence
American.
cannot
of
American-Grace
American.
operating
awarded
income
plants
John
10,043,291
.
accounts
total
two
as
of
application
of
LIABILITIES—Accounts
shares
agreement
subsequently
losses,
31.
the
of
Adams, Mass., The Hampton Co. at East
Hampton,
Bleachery at Greenville, S. C.—V. 168, p. 2110.
$1,277,000.
$4,400,000,
(net)
Cost
two
.
payments
agreement disclosed
been
transaction
shares
$13.90,
in
through
and
placed in a
distributed to Its
1,083,154
total
The
The
agreement provides
awarded by the CAB
to
be
book
subsidiaries
profits and
up
will
$10
American
Mail
as
it
value, v as of Dec. 31, 1948
is the
larger, shall be paid for in
at its,net book value
as of Dec.
31.
figured
various
50%
by
the unaudited balance
sheets as of Sept. 30,
net book value
was
a
little under
of
and
Arnold
known
the new Aspinook Corporation on the basis of
four-new shares v
share'held;: Capitalization of the new Aspinook
Corporation ;
outstanding upon consummation of the consolidation will
consist
998,760 shares of common stock with a par, value of
the
fl7,207,000 : 10,849,000
dividends
of
received
company
of
Period End. Sept. 30—
meetings
Pan
of
said,
in
to
amounted
subsidiaries.
the
Sales
13
•
t.me.
Inc.,
of
.
share.
on
Overseas'
stockholders
the New York Curb Exchange.
After the consolidation, the-new
subsidiaries which are being held in reserve until
for the full year 1948 are-available.
During the
of 1947, foreign dividends, similarly excluded from
based
was
he
exclusive
but
American Service
stockholders
.
public or
involved in the
this
amount, or the net
Overseas, whichever
Based
by
Will also be
each
An
1948—9 Mos.—1947
48.031,000'168,294,000
2.47
between
,
the
stock
Airlines,
62%
seas, or about
cost
of
$10.77
stock,
wh.ch
approved
Ratified—
corporation
on
,.$.[$
6fc,686,000
refunds,
the
intention
china
Inc., American Overseas Airlines,
,
received
sold
of
amount
this
~Works> Inc. and
be
of
'•
.
on
management of
stock
ultimately
The
■
to purchase
Corporation the plant at New Orleans lormerly
operated by Consolidated Vultee Aircraft Corp.
If the, offer' is ac¬
cepted, the plant will be coverted for the manufacture of vitreous
be
the
■
Mueller, President, stated that during the quarter ende;d
Combination
from
the AOA routes with* the
The agreement is
subject
,
American.
announcement
agreement' contemplates
Corp..
concluded
Aeronautics
Airlines,
American Airways.
and
''./-V'"'V
tAfter preferred dividend- requirements.
extraordinary item of $1,569,000 of interest received
refund
Scandard,"
American received by American
distributed to
its
stockholders and Overseas will
thereafter be dissolved. As a
major stockholder in American
Overseas,
American
Airlines, Inc. will acquire a stock interest in Pan
American.
American has no plan to take
part in the
until
$
Income,
E.
refund
the
842,872
v."
,
Airways
to ,Pan
American, in exchange
planned that the stock of Pan
can
stock
lor
to
foreign
tax
claims,
Airlines, Inc.—Proposed Acquis.^-
Pan
two companies.
The
boards of American
will
for
As¬
System
10,043,291
$0,36
1948,
Austrian
2,084,412
842,872
2.84
0.84
.
Overseas
Is
the
outstdg.—
10,043,291
share.v
$0.70
period
net
profits
3,474,412
"1,390,000
2,396,834
842,872
,
companies looking to
Trans-Atlantic services
It
1948,
3,692,000
results
30,
facilities
1,598,000
American Overseas
Overseas
Manager
Executive
V
.
7,154,000
tax
Theodore
Sept;
121,512,437
3,994,834
475,000
outstdg,-.
announced
Pan
\1
1948—3 Mos.—1947
'
an
from
operating
.
This
Shies
been
has
charges and taxes.(
comparable
:
1,186,268
921,283
per share-.—
167, p. 2681.
the
9,
com.,
Federal
on
:
.
613,000
taxes—
Earnings
The
Sept. 30—
shs.
tlricluding
1948—9 Mos.—1947
1,534,283
income
shrs.
European
Blake
;■
j&J
per
♦After
.
;—
Net profit
and
Dec.
income——.
The
Inc.—Earnings—
1948—3 Mos.—1947
taxes
of
ended
2426.
sales
fEarns.
■
Capital
Mr.
-
p.
Common
•
before
appointed
•
the week
♦Net
Young-Tornga Co., Grand Rapids, advise that
they have with¬
drawn their offering of
40,000 shares of common stock at
.$1 per share
from the Michigan
Corporation and Securities Commission
and
the
Securities and
Exchange Commission.-W; 164, p. 2109.
of1 the
been
announced.
were
of
Print
^ special meetingj held on Dec. 15. These companies
printing, dyeing, finishing and processing of textile fabrics.
The
stockholders of the present
Aspinook
Corp. wilr be entitled,
under the
terms
of
the-consolidation, to exchange their shares for
Vipe-President-Sales. and replaces Jacques de Sibbur,
executive
assignment
will
be
announced
soon.—V.V 168,
•
168,
Net
t
De
to- the
has
also
the
Period End.
American Metal
Finishing Co., Grand Rapids, Mich.—
Stock Offering Withdrawn—
; <
y •
'" ■
*
—V.
3,168 passengers westbound for
2,3L0 flown to the U. S. in November last year.
Flagships averaged between 85% and 90%.
the
inputs of subsidiaries
company amounted to 249,959,000 kwh., an increase of 15,980,kwh.-,
or
6.83%
over
the
corresponding
week
of
last
year..;
—V.
of
.
Federal
flew
Lawrence
a new corporation
Corporation
-
American Radiator & Standard Sanitary Corp.—Earns.
Crl5,649
requir.
release
sales
636
this
of
income
div.
Period End.
against
consolidation
a
propor¬
com.
♦Includes
month as
westbound
Blake
Harris
'
last
Dec,, 2.
On
1,695,531
2,821,707
000
21,600
-
res._
loss
net
pfd.
Europe
.,
2,412,682
reserve
no
longer required through sale of
security of $235,400 for three months and
.$235,400 for nine months.—
V. 168, p. 2426.
;
'
Profit
over
line
Inc,, into
announced
P|«ns? for
American Power & Light
Co.—Weekly Input—
;
492,834
"
.
Net
The
A^ftt^ok^Corp.—Consolidation
companies—The
airline,
the
to
!
4
more'passengers to Europe ih
1947, Harold R. Harris, Vice-
of
of
nassengers
1947.
84%
lil.vTlO
1,137,415
subsidiaries—
per
after
flew
month
...
Earns,
.
1,171
on
new
837.'
p.
same
General'Manager
P.
Mr.
sistant-to
Airlines
the
.
o3,39 3
write-down
interests'
factors
whose
tax——
conting.
consol.
in
carried
AOA,
183,023
224,767
and
and
gain of 38%
a
Load
577,049
4,844
for
Overseas
than
for¬
investments,
tion
American
November
inc.
Depletion
Min.
Passenger Traffic to Europe Rose in November—
»
Norman
Depreciation
of
$7,851,762
inc.
taxes
for U. S.
Prov.
OWned)
$2,753,010 $10,168,576
'66,328
than
and
Amort,
t
1948—9 Mos.—1947
317,735
221,946
plan
other
eign
Mofe
Or
$2,435,276
$4,187,411
operating costs/-—
on foreign
excn.
Prov.
,
during November,
annuity
taxes
Loss
80%
'883,475
_
exp., etc.
employ¬
under
Taxes,
in
—
Companies
account,
1648—3 Mos.—1947
income
Admin.
ees'
(net)
income
in
New
York
funds.
-
Volume
168
Number
4761
THE
COMMERCIAL
FINANCIAL
&
CHRONICLE
(2535)
r,-wwi
3
fr
The
Capital Flotations in the United States During the Month of November
And for the Eleven Months of the Calendar Year 1948
Corporate emissions for November totaled $458,524,576, compared with $647,602,184 for October and $554,347,159 for Novemer 1947. Of the month's total $442,924,-
41.0%> of the corporate financing for this period. Com¬
parisons with the previous months of 1948 follow:
or
New
Refunding
Indebtedness
c
1,000,566^000
October
Sep
9
91
bills
bil.s
1,001,528,000
1,001,528,000
Sep
16
91
day Treas.
day Treas.
day Treas.
1,000,566,000
% of
Tqtal
bills
1.100,616,000
1,100,616,000
29
49.4
Sep
23
91
day Treas.
billf
1,000,796,000
29
55.9
Sep .30
'91
day Treafc.
bills
1,102,605.000
146,675,000
•
I-sues
368,981,500
i,
15
30.4
yr. Treas. notes
3,595,374,000
1,000,796,000
1,101,6 to,000.
3,595,374,000
!
;
I November,
Amount
•—
September
•
„
August-
1947;
142,155,000
July
June
—'
May
—
,
•
notes due
1973; $40,000,000 Chesapeake & Ohio Ry. re¬
funding and improvement mortgage 3%% bonds series
H, due 1973; $50,000,000 Public Service Electric & Gas
Co. 3% debenture bonds, due 1963;
$30,00O,dOO Cit-Con
Oil Corp. first mortgage 3%
sinking fund bonds, due
1958 and $24,000,000 Texas Eastern Transmission
Corp.
first mortgage pipe line bonds .3%
series, due 1962.,.
January
—:
1
30
Sep
Tax
716,594,100
164,285,000
! the
44.7
7
14
Oct
21
91
28
>91
1
Oct
1
Oct
1
Oct
l
,U.
tabulation of figures since Janu¬
ary. 1946, showing the different monthly amounts on
I corporate financing. Revisions of the 1947 and 1948
fig-
-
present
we
j ures may
9,933.142,540
additional private
as
Nov
| financing; is. brought to light.
Capital
bills
900,834,000
bills
•901,204,000
1.256,445,000
of
indebt
of
indebt..
New Capital
Total
:
900,834,000
1,385,442,000
3,912,8b2,000
415,277,078
1,258,000
1,258.000
Antic'n notes.
October—-
$
409,335,400
1
409,335,400
11,166,112.478 10,340,242,000
'91
day Treas. bills
801,197,000
825,870,478
801,197,000
First
364.849,374
2,590.000
36?, 439,374
545,880,788
14,091,516
559,972,304
180.343,822 i
594,606,395
97,041,541
691,647,936
310,723,947
quarter—f
260,909,489 4
113,72^,057 1,619,059,614
1,505,336,557
$
'
y
J
„
.90
day, Treas. bi'lp
901,333,000
890,198,000
18
91
90
day "freas. bills
day Treas. bills
802,975,000
900,244,000
802,975,000
26
New Capital
1
U. S.
Savings bds.
Depositary bonds.
'Tax Antic'n notesl
Nov
Nov
Total
Refunding
;
i
1
418,664,123
•418,664,123
464,000
'
464,000
344,415,600
'344,415,600
:
$
;
103,335,204
;
.
$
364; 744,693
134,670,053
751,977,258
119,204,001
211,267,388;
47,616,401
271,362,410
129,503,023
307,169,645
Total
436,672,668
for
for
318,978,811
450,548,250>
Total
253,874,054
30,923,566
139,824,303
274,583,073 1,026,560,3311,
311,789,477
697,736,056
November——],
eleven
4,169,292,723
3,394,614,000
774,678.723
87,538,403,021 78,211,939,000
months.
9,326,464,021
1,009,525,533
*INTRA-GOVERNMENT
April
562,425,792
_u__—
May——
50,212.500
.
595,307,115
Second
quarter.
211.666,667
518,60^,778
1,106,589,565
4,088,750
28,896,829
1,531,813,781
■
612,638,292'
378,169,624
624,203,944
83,198,079 1,615,011,860
374,080,874
—
June—
'
376,314,120-' J 78,214,460
:454',528,580
319,497,872
213,807,327
'
611.519,659
•
289,889,043
392,762,791
671,103,991
July
665,211,295
886,102,732 2,744,669,555;
six
July—
months
258,610,941
2,090,000
260,700,941
156,800,417
123,226,255606,543,042
147,461,407
304,261,824
367,63^,081
104,757,061
25,757,281
481,588,369
258,357,364
122,187,231
171,098,753
146,341,925
quarter—1,209,097,365
42,572,016
1,251,669,381;
4,246,247,703
239,493,152 4,485,740,855
898,474,568 ; 392,874,893 1,291-349,461
451,493,579
907,782,367
2,757,041,391 1,278,977,625 4,036,019,01k
628,859,165
November——
r.
18,743,019
647,602,184
442,924,576
15,600,000
458,524,576'
598,947,623
702,592,565 1,610,374,932
1. Notes
2,012,654,879 2,814,846,834 4,827,501,713
75,922,920
December—
674,870,543
270,684,761
.'84,068,960'
'554;347;159
589,877,742
83,126,999 1,009,.294,814
'470,273,199
691,223,683
926,167,815
73,168,350
$
1,256,203,000
86,315,940
i——
804,521,175
97,155,000
575,552,000
141,000,000
'
(
September—
•!
.
12O,95O,CJ0
70,530,000
t20,610,500
.
;
August^
I
20,050,000
50,540,000
170,929.500
t.;
.
*
29,929,500
:
•'
for
625,552,000
_J"
—
Total
t50,000,00c
47,155,000
i 'i
•
_
343,853,111
676,193,682
113,297,492
•
Net Issued
J
612,707,000
I
August
Certificates
,
i-;
October—.
,
50,000,000
317,440,678
369,051,533
380,544,595
,
672,707,000
820,545,112
472,389,142
455,831,088
months——
'
.
Notes
483,316,787
:
Retired
19,366,856,000 18,110,653,000
•
■
1,104,872,512 2,112,254,269 3,217,126,781
509,380,071
August—
Nine
1,858,566,823
14,724,735
September.
Third
Issued
1
J.
Total for
793,083,035 1,414,518,213 2,207,601,248
,
FINANCING
Certificates
196,921,136 3,234,071,474
494,655,336
'
859,737,519
350,651,431
1,718-109,224
■
3,037,150,338
1
'
•
.
A
188.633,528
314,559,864
^________
months————
682,652,434
531(164,539:
732,1416,105;
■
Six
11,135,000
900,244,000
•
*;
i_—
March
Total
-
.415,277,078
Nov
-+19461
'Refunding
•—-
901,204,000
3,912,862,000
_+
Savings bds.
Depositary
bonds.
12
Nov
•'
;
:
1,256,445,000
1,365,442,000
s.
4
Nov
—+1947
Refunding ;
'
January
February
;
QF CORPORATE FIGURES BY MONTHS 1948, 1947 AND 1046
-1948New
'
1,132,566,540
—;
,
902,136,000
indebt.—u
for
■
1,101,319,000
Ctfs.
Total
8,800,576,000
■
902,136,000
of
Tax
.—
1,101,319,000
Ctfs.
1
—
bills
a
be necessary, particularly
716,594,100
Nov
SUMMARY
3,294.500
—
bills
Ctfs,
Oct-' '
Oct
1 Below
day Treas;
day Treas.
day Treas.
day'Treas.
91
Oct
was $102,633,801 of which
$100,new-financing and $1,897,563 refunding.
was
i.
September
91
Oct
total for' the month
736,198
for
j
15
•
Total
Oct
Municipal issues for November ,footedHup $151,793,014,
of which $149,665', 109 frepresented new money and $2,127,905 refunding.; For the corresponding month of 1947
<
3,294,500
Antic'n'notes'.
f
Oct
:
411,768,940
50.2
.
'
;
909,000
•
411,768,940
44.2
36
S.
Savings bds.
Depositary
bonds.
40.4
45
U.
21.5
45
11/2
Sep-1
35.2
247,630,000
306,148,750
281,117,000
<
February
15
Sep
23.9
.
149,660,000
j__
Sep
54.5
27
26
81,225.000
.U
I
1 April
tures due 1979; $60,000,000 Aluminum Co. of America 3%
33
179,263,000
1
principal issues for the month were $60,000,000
Northwestern Bell Telephone Co. 31-year ZVt % deben¬
Corporate issues placed privately in November totaled
for an aggregate of $226,674,995.
This amounts to
49.4%, of the financing for the month. For the first 11
months of this year, issues: placed through the private
route added up to 330 for an aggregate of
$2,293,815,245,
Accepted
.—<$226,674,995
n.
j :!. Month
The
29
91
No. of
or 96.6%
represented new money financing and $15,600,000, or 3.4% refunding. Thus, the trend of financ¬
ing held to the same pattern for the 28th month,' snow¬
ing new money greater than refunding operations, with
the exception of May,
2
Total Amount
Security
Dated
Sep
576
4
•
Type of
<
.
!
'
'■
i
•
100,339,500
V%
t
'
Certificates
Fourth
1'
i.—
:
quarter.—,
1,995,393,637 '
-4-
—I
*—
i
243,118,879 2,238,512,516
*
i—.
w-4—i
?
■—*—♦—
1,551,786,186
i—.
272,781,782
■—i—'
1,824,567,968
Notes
<365,000,000
40,000,000
34,484,000
25,715,000
8,7G9,000
399,484,000
65,715,000
333,769,000
___——i
—
325,000,000
,
Twelve months—_l—
4,752,435,028 1,522,096,504 6,274,531,532
:
'i
v
" -
tRevised.
3,564,441,065 3,087,628,616 6,652,069,68!
Total
i
for
September
'October—
.'</
Date
Treasury Financing in November
Amount
Offered
Secretary of the Treasury Snyder announced on Nov.
16 that holders of the Treasury Notes and Certificates
of Indebtedness which will
be offered
The
a
one-year
maturing securities
.Oct
now
;•
At the
amount
91 days
91 days
1,413;923,000
902,136.000
21
91
days
1,601,346,000
900,834,000
28
91 days
1,740,640,000
,1 year
1,256,445.000
901,204,000
1,256,445.000 100
1
1 year
1.365,442,000
1,365,442,000
.lyear
3,912,862,000
415,277,078
3,912,862.000 100
Savings Bonds,
Notes and Depositary Bonds.
Tax
20
.
Oct
Oct
Oct 1-31 Oct
STATES
I
Offered
Dated
"
,
Date
TREASURY
Oct 1-31 Oct
12 years
•'
Oct 1-31 Oct'
Due
'
Amount
Applied for
,V
Total
for
Amount
for
$
six, months.x
26
Nov
•4'.
15
Nov
12
90 days
12;
'NOV
18
91 days
19
Nov
26
90 days
Nov 1-30 Nov
1
iNov
1
July
1
91 days
1,777,999,000
1,101,, 696,000
99.748
*0.997
Jun
29
July
8
91 days
1,802,239,000
1,101,588,000
99.748
*0.997
91 days
1,655,491,000
905,908,000
99.748
*0.997
July 16
July 22
91 days
1,724,853,000
908,599,000
99.748
*0.997
July 23
July 29
91
5
Jun
21
July
1
Jun
21
July
91 days
■
100
Total for
2
c
i
r
1,689,397,000
99.748
Jun
21
July
.
801,197,000
99.715
*1.129
901,333,000
99.715'
*1.138
99.712
*1.141
1,349,202,000
900,244,000
99.713
*1.147
418,664,123
418,664,123
a
a
464,000
464,000
100
2
344,415,600
344,415,600
100
c
10-12 yrs.
12 years
-
1
\
3 years
Below
.
tions
2,601,685,000
2,601,685,000
100
,XVa
1 year
1,078,583,000
1,078,583,000 100
for
sold
.have
!
4,169,292,723
2,103,020,000
2,103;,020,000 100
eleven
months—
a
on
we
1,672,717,063
1,672,717,033
a
87,538,403,021
; of
sale
of these bonds
series
D
discontinued
was
began; Sept.
If; held: to maturity of 3
12 years
16,106,500
'16,106,500
100
2
1;
1948
on
Aug. 31.
interest;
and
c
for
140,082,600
140,082,600
100
b
July—
_____
12,539,674,163
USE
each
per'
Aug
5
month.
OF
•New,-
Accepted
i
t
{
"total
$
i,
for
six
■
Refunding
i
months-— 45,589,866,775
$
.
803.692,000
99.748
906,388,000
99.745+ *0.997
1,447,552,000
900,595,000
Aug 20
Aug 26
92 days
1,493,468,000
1,000,376.000
1
10-12 yrs.
473,493,142
473,493,142
days
41,355.688,000
*0.997
99.730 + *1.066
99.726
*1.072
1
91
day Treas. bills
1,101,696,000
8
91
day Treas. bills
1,101,588,000
Aug 1-31 Aug
12 years
3,889,000
Aug 1-31 Aug
2 years
52,881,200
Total
for
August
i
a
91
day Treas.
bills
905,908.000
day Treas.
bills*
908,599,000
91
day Treas.
bills >
909,689,000
2,601,685,000
2,601,685,000
■<
:
of
indebt
1
Ctfs.
of
indebt
1,078,583,000
i:
Ctfs.
of
indebt.-—
2,103,020,000
1
U,
.July
Depositary
July
91
Aug 27
Sep
2
days
1,614,413,000
1,000,566.000
Sep
9
91 days
1,597,589,000
1,001,528,000
99.728+ *1.076
k
Tax
,
1,672,717,063
bonds— I
Antic'n
•
1,672,717,063
16,106,500
Totitd
for
_
Sep
16
1,685,109,000
1,100,616,000
99.726+ *1.083
Aug
5
91
17
Sep
23
91 days
1,397,986,000
1,000,796,000
99.724+ *1.092
Aug 12
92
day Tfeas.
Sep
30
91 days
1,410,855,000
1,102,605,000
99.720
*1.109'
Aug 19
91
day Treas. bills "
Aug 26
92
day Treas. bills
Aug
U.
S.
Sep 10
Sep
Sep
1
15
Sep 1-30 Sep
1
.%pl-30 Sep
Sep 1-30 Sep
Total
for
1
Vt yrs.
3,595,374^00
3,595,374.000
100
1%
10-12 yrs.
411,768,940
411,768,940
a
a
12 years
Sep
3,294,500
3,294,500
100
2
3 years
716,594,100
716,594,100 100
c
1
September
,
9,933,142,540
1
day Treas. bills j
Savings
bills
16,106,500
bd£.
802,692.000
903,388,000
900,595,000
900,595,000
1,000)376,000
1,000,376,000
473,493,142
Aug
Depositary bonds-Tax Antic'n nqtes_
52.881.200
Broome
•
'
Securities
|
berg &1C0.; Davenport &r-Co.; R. L. Day & Co.; DeHaven
& Towrtsend, Crouter & Bodine; Dempsey & Co.; Dick &
Merle-Smith; R. S. Dickson & Co., Inc.; Charles H. b*cw
i
"
|
Barret,
Baum
F.
Fitch
&
August——
Co.,
Inc.;
J.
&
Inc.;
&
Co.; Bear, Stearns
Bramhall.
Barbour
Co.';
Cassell
Burnham
&
Co.,
and
Inc.;
Barth
&
Co.;
Co.,
&
A.
Co.;
G.
Inc.;
George
Becker
t
——
4,140,314,342
3,610,051,000
on
Caldwell PhilliDS Co.;
Securities
Corp.;
Clayton
page
Codings
we
compare
and the eleven months'
for the
years
52.881.200
530,263,342
on
the fol¬
the November
figures with those
corresponding periods in the four
preceding, thus affording a five
comparison.
and
Henry Dahl-
6)
comprehensive tables
pages
&
Stockton,
Co.;
Corp.;' Coffin & Burr, Inc.; C. C.
Co., Inc.; Julien Collins & Co.; Cooley & Co.;
In the
3,889,000
,
Pur-
!
year
for
1973.
i
lowing
473,493,142
3,839,000
Aug
Total
improvement
1.
1,828.906.163
802,692,000
306,388,000
t
and
Dec.
140,082,600
12,389,674,163 10,710,768.000
Sep 24
due
■
(Continued
duly
91 days
H,
;
.
140,082,600
notes.
refunding
series
Co.
K.
C.
bds.
Ry.
bonds,
1
99-728+ *1.075
Aug 31
Savings
Ohio
&
3%%
capita] 'expenditures.
Price,
100.75
and
interest.
Offered by
Halsey, Stuart & Co. Inc.; Adams & Peck;
Allison-Williams Co.; Geo. G.
Applegate; C. S. Ashmun
Co.; Atwill and Co.; A. E. Aub & Co.; Bacon, Whipple &
pose,
2,103,020,000
S.
Chesapeake
•
.
1,078,583,000
July
3,889,000 100
52,881,200 100
CtfS.
v
•
Co.;
l
RAILROADS
N,
V.
909,689,000
.July
'
•
908,599,000
July 29
,
Ardostbok
&
series
mortgage
'
905,908,000
91
.July
a
4,140,314,342
——
40,000,000
4,234,178,775
1,101,583,000
July 15
;July 22
Capital Flotations
$
1,101,696.000
July
July
Aug 1-31 Aug
'
Indebtedness
•
1,608,398,000
92
91 days
kind
RR. 2%%
equipment trust certifi¬
due annually Dec. 1, 1949-1963.
Purpose,
purchase of equipment.
Priced to yield from 1.55%
to
2.90%
according to maturity.
Offered by Halsey, Stuart
& Co,
Inc.; Oregory & Son, Inc.; Otis & Co.; First of
Michigan Corp., and Wm. E. Pollock & Co.
cates,
FUNDS
Total Amount
Security
'
I;
$2,100,000 Bangor
:
1,707,403,000
Aug 12
Aug 19
any
•
annum.
i-
91 days
6
Aug
issue of
every
Long-Term Bonds and Notes (Issues Maturing Later
Than Five Years)
,
(■
)
July 30
2,091,559,500
During November, 1948
,
accrues
July
Aug 13
20,559,860,500 18,468,301,000
Details of New
Treasury notes
years interest approximately 1.40%
.Type of
Dated
1:
Total
176,468,000
'.
,
basis, at 74, and yield 2.53% and series G
12-year, maturity, are- sold at 100. and bear 2V!t% interest.
issues designated Treasury notes of tax series
C-1948, C-1949 and C-1950.
Series C earnings about 1.07%.
a
July 1-31 July
27,135,000
give complete details of the capital flota¬
discount
a
lVa
yrs.
2 years
'
July 1-31 July
10,518,000
203,603,000
brought out in that month.
b Comprised of separate
The
lVa
1 year,
165,950,000
during November including
;
are
*0.997
1 year
1
1,050,000
26,085,000
sales of special series certificates and notes; certificates
Adjusted Service Certficates Fund and Unemployed Trust Fund
and notes to Federal Old
Age and Survivorjs Insurance Trust Account,
Civil
Service
Retirenient
Fund] Foreign Service Retirement Fund,
Canal Zone Retirement
Fund, Alaska Railroad Retirement Fund, Postal
Savings System, Government Li'fe Insurance Fund, National Service
•Life
Insurance
Fund, Federal
Deposit Insurance
Corporation,
and
Federal' Savings ;and Loan Insurance
Corporation.
tNet retired.
*
July 1-31 July 1 10-12
2,164,000
to
*AVefage rate on1 a bank discount basis, a Coihprised of three sepa¬
series, of which series'E, have 10-year maturity, are sold on a
discount basis at 75, and yield 2-20%', series F have a 12-year maturity,
■
C-1947,
909,689,000
151,323,000
November-!—
Total' for. elevem monthsJ
sold
802,975,000
November-.]———
for
Total
,
$
,—45,589,866,775
days
64,264,000
153,487,000
4
'
Octdben.1—-
'
rate
,
89,223,000
Certificates
a
l',258,000
t62,100,000
+
153,487,000
i
.
Yield
25
July 15.
i
■
November—
l'A;
a
j
1,312,532,000
1,361,183,000
1,390,378,000
Total
Jun
9
i
>/4
11,166,112,478
Nov
f
July
100
1948
Price
'
99.717+-*1.118
409,335,400 100
'•
October-
■Oct
>
Accepted
Total' for
99.717+ *1.118
415,277,078
,1,258,000
409,335,400
-
3 years
'Nov
Administration
DURING
62,100,000
'!
167,000,000-
•'
*Comprise
'Total
Nov 1-30 Nov
FINANCING
1
99.717 + *1.120
'
10-12 yrs.
Nov 1-30 Nov
UNITED
-j—!:
•.
l'A
,Opt:
20
Sep
-
Treasury Bills,
_4_i—
,'
99.718+ *1.114
Oct
of
Treasury Department in November, outside of the
above, confined its operations to the usual weekly sale
1,101,319,000
«
]
36,603,000
%
Oct
Treasury
The
$
1,676,128,000'
<
•
<
—j—
i
15
Sep
$571,431,150, which have been called for re¬
demption on Dec. 15, 1948, will be offered a one-year
lVi% Certificate of Indebtedness.
T
'
v
!' >:
of
7
14
Yield
22
.Sep 20.
out¬
time, the Secretary stated that; holders <of
Bonds of 1948-50, ^outstanding in the
same
2%
Oct
Price
Accepted
Oct
standing in the aggregate amount of $6,126,729,000.A
the
Oct;
8
f
Cert.iicates
Notes'
Amount
Applied for
Oct
the Series A-,1949. Notes and
are
.!
Oct
on Jan. 1,
1949, will
Certificate of Indebtedness.
the Series A-1949 Certificates of Indebtedness,
Due
$
mature
llk%
Dated
'
318,6 0 3,52730 12,7534
364,9584
Refundig 306,9 087 30,Vl7£0 1,280,210
38,9407
39,4250 65,08150 42,9057
$
-104
1,920
52.60, 247,9310 4,0 0 13,750
318,6 0
17,8560 26,48124
1,920 46,278 4 52.60 265,81 0 4,0 0 40,231 4
Refundig $ 49.0 0 24,6810 3,40 9,315087
306,9 87
16,8560 15, 2410
31,9801 49,0 0 261,5 0 3,40 0 24, 749
364,958
1,920 14,280 34 3,60 0 4,250 1,0 0 15,80374
1,920 26,5 74
1,605 6 50,341703 20, 0 50,78.295 486,189 2,740 1,40594 75,1 06 10.24:0
1,805 6
163,7 03
435,0
435,0
102,48627
$
49,51 0 71,4539 485,920 3
Total
Total.
.
-194
-
'
38,9407
■-
Capitl
$
-
New
Total
26,5 74
12,84913 2,80750 1,473 4
4,0 ,0
8,30 30,5487 4 19,72819 20, 0
$
7,2 5, 47 20, 0
-1945 Refundi g 60,5970 1 . 59708
3,50 , 0
28,3 0 19.38 04 12,5672
50 ,0 0
$
Capit l
$
New
Total
$
Refundig 67,2 840 17,82560
Capitl
1*63,7103
43,810 41,65742 248,6745
Total
102,481627
43,810 6,9180
$
Capitl
60,9 076
- 34,7 2
159736,2140,907563872 DeRveacloonp•smtrundti.
13,950 1,97 0
j•'..
•■
-
Y
.
•
,
YEARS
New
10,6894 fBo{[aIntenrrakiol
Total
——1947- Refundig 7,9350
Capitl
$
Total
$
42,1380 2,43695 1,9260
12,0381
13,7653
Refundig 15,60
Capitl 406,5380 2,43695 1,9260 12,0381 10, 0
New
295,80
15,98 70 2,702,40
.
1.295,80
1,034 0 67.193,682
86,315940
164,0862 18,520 6,79 0 125,0 Yoo"0 0, 348,5712
105
,
-
1,37056 60,9 076
18,6 10 37,92 70 34,618340 12,769 0 Yo" 0 0
5,984,0
-
"*-7•
9,786095 486,189 2,740. 1,40594 4,896 3
1,7056 31,95706
»
I
5,670 2,17905 73,9 05
NOGAERUWNFPID
CHARTE
149,65109 592,865
SUMARY
botyained
4,8160
$
7,9350
5,320, 0
—
$
Refundig 15,0 0
$
-1948
1,2950
73,5 0 216,50 6,480, 0 10,5 0 30,49 0 3,50
60 ,0
78,20
145,39 82 18.520, 28,690 90,38160 105, 0 35,7 28 ~ 2~95,80 1,034 0
14,02 95 140, 7159 36,10 16.49,87 72,50. 14,70 1,670.938 70,89460 180,97 15,0. 10, 0 36,724 95
v:.
■
.
.
25,760
■.
..
25,760
35,20. 28,0 0 3.47 20 2.50, 0 14,750
6,13,960
_
41,8947 14,70 1,670938 14,85640 47,59 79
432,180
750, 0
1,50 0 186,9 5
2,43695
1,8750 23,94 581 73,5 .0 27,95016 6,480 1276 940 31,7695 3.50, 0
5895,74,347219
84,06 90
350, 0
13,9853 134,0 19 36,10 81,7948 4,50 14,70 1,670.938 67,421 60 17,597 10, 0 36,9853
10,95 16 '■- 10,6 940 49,980
350, 0
Capitl 36,10 39, 0 4,50 52,60 130, 0 10, 0 2,70 36,250
New
5,9840
46,509487 14,70 0 1,670,938 15,64 60 47,59 79
36,10 69, 0 72,50 0 5,20 132,50 15,0 0 10, 0 2,70 0 41,20
$
Total
295,80
21,7690 10, 0 17,34 82
-1947 Refundi g 35,~o 75 28,0 0 2,6850 "2,50 0 14;750,
571,0439
42,9 576
S
27,4536
7
'
5,0 ,0
$
5,670 15,793014 65,987 0
15,60
-
1,436095 486,189 1,40594
•
28512,0",730
18,34627 20, 0 40,920 30,81427 l5,24Yo6
*
'"• . 37,5470 10, 0 20,47182
67,2 840
18,520 7,10 0 90,38160 5,0 0 318,4250
$
New
10,736198
458,2 76
10, -0
$
COORPFATE,
47,50 1,897603
470,2819
36,250 21. 04 12,80159
New
-1948
47,50 102,63 801 704,3 960
Total
84,06 90
5,18 960 945,0
$
'
"Y..^;
$
54,37159
41,20 26,40. 13,74159
407,427
b:. 17,542 0
20 ,0 0
Refundi g 21,9475 34,618340 10,6750 ro So p
Capitl
$
•.
•.
84,097 0
30,470 io,24~76o
18,520, 0 29,04 0 125,0 0 5,o 7o5 328,50 I.YoYo o 5.0 ,0
$
v69,4830 659,3402
589,7 42
^
"
.
''
■
r
•yv:;,■■-•.;..-■f..NFMOTVFIHEIABRULCNFOGAPGFRVDOERMNEIGTN, VYFNOEMTFSATUIHRSNAICBSHOERRPEDA
GFtoevhfdrnarmgoSmnual.itcpnylesd
Capitl
4,8160 14.682,0 30,71482
$
486,189
18,97 25 1,40,594 27,8610
1,368 4
■■
Total
-1946
1,0 0
12,830
20 ,0
8,35~O75 2,~740O5 17^430
$
'/
New
13,950 71,46530
12,84913
20, 0 31,80 2,740 47,850 i5,~24o75
$
Refundig 20, .0 23,450
-1945
86,31^940
862,50
3.60.0 3.250, 1,0 ,0 4,3 913
'
$
New
j
67,193682
512, 0 132,507 31,57982
$
-1946
10,9 0 6,3 895 43,019642
*
.
15,0 . 0
--—
15,60
3,18250
60 ,0
470,2819
458,2576
15,60
■
.
1,295,0
Capitl 73,5 0 201,5 0 6,480, 0 io,507 30,49 0 2,950, 0
$
New
416,5380
1,50 0 186,9 5
750, 0
10,95 16 10,6 940 49,80 —■*- 1,8750 23,94 581 73,5 0 21,95061 6,4857 l-2,6T7940 31,7695 2,950 3,18250 42,9 576
2,43695
'
„
NOFOVEMBR bLonoanongt-edtesrsm stock stock bnoaonteddss: Presftockd stock foreign- bnoaonteddss .— stock stock corpate GovernmtBInaternaikol?forgoev.ernimgtnGaavcniesd,&•Mun.ic_tpal;—S,esPSosteaiens toal. fuidnfincgdluosreets NOVEMBR NBotoeasnn-dds utilesecctopo.arl,, manufctes— ori- imnaandufcutnrisg-tdrl:"■ beuildtcngs, hteortarltducins.g,,Miscelan—ous NBooantedsi—; utiles eccotopa.rl,, manufc— acesori inmadaununsftcrtdrilg bueildtncgs, * htortearldutcisn.g,,:Misc-elan.ous utiles ecctoop.-arl,, manuf acesori- inmdaanuufsncttrirgd-l -i— bueildtncgs,[, —httoerraludtcisn.g,,Miscelanous * utiles— ecctoop._al,, manufctres. oi—: inmadaununsftcrtdrilg ;beuiltdcn.gs, —:htteorraludtcisn.g,,Miscelanous secocrupritate
MONTH
DaCorp te- omestic-— Short-em Pref red Com on Candi - Long-term Short-em
1
Com on
*
Other
Long-term Short-em Pref red Com on
Total
Can dian
1
Loan
Other Farm
Grand
United
•These
OMONFTH Long-Term
Railroads Public Irsoten,l, Equipment Maont drs Other
Oil
Land, Rub er
Ship ng Investmn
Total
Short-Tem Railrods Public ste l, Equipment Maontodrs
Iron,
Other Land, Rub er
Oil
Ship ng Investmn
Total
Stocks-
Railroads ste l, Equipment and
Public Iron, Mot rs Other Land, Rub er Ship ing
Oil
Investmn
Total
Total-
Railrods Public SIrtoen,l, Equipment Maontodrs Other
Land, Rub er
Ship ing Investmn
Total
<
3
0
1
0
p
00
<x>
>—1
95
59,20
32,0,34917986
$
New
Total
$
41,0639 2,0 ,0 13,72 43 85,92146 21,0 0
721,035
21,0350 391,650 3.89,754 7,490, 0
4,0 ,0 5742",50
4,398620 46.0, 968,01567 23,6945 45,0 0
3,50 , 0
-1945 Refundi g 4 .50 , 5 2,1 958 48, 9875 45,0 0
3,947136
$
50 ,0 0
Capitl 495,2b 74 1.90 0 416,897 185,49620
$
47,9 0 657,28 0 321,04
"90 ,0 0 7,50 , 0 7 942,50
Refundig 2,140 50,37924 74,02139 126,950
2,63 71
7,50 , 0 "101,50
New
580,7 0 1,36825 124,8750 68,7"l3684 95.83,90 2,510 46,50 540 108,3.8
10, 0 750, 0
10,75 0 98, 67915 137,"6914 45,"o 76 6,816735
492,850 1,32046,52 13,80 310,49612 43.067,14 2,510 45,0 0 4, 1975
2,0 0
205,706 2,740, 0 3,0 ,0 495, 7120 209, .0 21,90 35,0 0 10,382756 84,05 0
50 ,0
4,3276
-1945 Refundl g 1.3 40265 197,0 3 283,964 2 153,80 7 6 20,5 90 26,50972 38, 5 46
1,9346852
50 ,0
Total
\
$
1.43 065 1,98 30
$
26,05 0 391,87429 5,0 .0
5742,50
3,7461920 38,1250 1.3,82740 786,1 426 126,950
S
{IUSntotcnhabluiied-eessd.DfRvoopmrrt.
Capitl
2,0 ,0
23,16 72 1,987,50
160,437 9 9,752,71 30^65 94 659,34708 96,289452 14,~8507926 235,90862
1,43.7680 2,1953049 214,8721 2,740, 0 3.6594 1,539.82 305.689,452 21,90 49,850926 16738265 321,45862
27291,346 80 ,1 982 03,5702 237~506 572,3 568 215.4691 20.59,0 3,09720 L32"6 14,62847
26,3190 3,218,269 36,9804 371,54 6 34,8754 8,~3507926 132,59847
10,80 79,812467 1,28956 2,740. 3.9804 583,04260 90,4671 1,46 0 16,84206 6.05,6 179, 015
35,12.0 38,1250 415,3895 26,5962 209.5860 853, 087 37,1 283 6,798,30 12,59 30 1,34751 12,63 81 354,17064
682.70 1,6507938 207,51962 351.78,560 1.69,0 387 627.13 8 3.47,30 53.7043 1,34751 28,765.81 51,82564
50,0 0
772," 19759 2,69725 31,47362
592, 0 1,29830 5 74,935640 872/18 45.87694 527,43.27 19.260 3,21957 1,50725 59,846
35,07 0 36,01 0 107,2947 20,634 2 208,45 2 340,6 87 26,1 283 6,79830 9,53 93 1,34.751 10,3648 32,7 0
J
90,38 0 420,96153 350.°4,82 1,24.93 9.-3,856 14.63,0 50.48,3 1.34,751 17,26408 451,96 0
132,6
80,30
40 ,0
1,50 , 0 1,90,0
*•"
Refundig 592, 0 920,1594 69,31064 241.95,708 516,7842 19,26.0 50,0 9723,0 28,349602
Capitl 90,380 312,7960 1,4860 J42r50_~6o 603,892 73,21573 7,30 40,9 50 6,90 0 94,16289
50 ,0
2,064 0
436,0
-
158,72954 10,3890
80,30
$
2,50 0
\
87.945,0 46,8 03 10,48750 378,21 572 52,71 53 1750 ,6 978237540 64,396 13
4,0 0
26,390 41, 50
$ 682,7 0 1,23 90 180,79230 142,50 845,018 590, 0 167l~320 12,5 0
2 0, 0
9,823540 13,74 513
1,50 , 0 46,0 0
40 , 0
New
Total
9.823
4,50 134, 8 30 6,53402 ~ 2~3 7.56 28,39 4 61,4 905 6,5o 76 103, 4 83
4,0 0
Capitl 10.80 53,49 8 8,07130 2,740, 0 3,0 ,0 21,49 6 5,19.24 *1,46 0 8,49028 6,~o576 45,691536
20, 0 827,10 90,7458 760, 0
2 0, 0
~12,750 12, 3582 1,987,50 295,8364 10,3890 45,¥67 5 97823754 20,5638
87,54 0 23,469358 8,50 0 2 0, 0 217,T8~&62 42,63 85 1,5067 6 50,64^ 0
$
to
10, 0 750, 0 2,0 ,0
1
ipnlaced Bank
New
2 0, 0
570. ,0 1,243960 12,30 396,875 6 85,70 2,51 0 1,50,0 8,2750
$
5,0 ,0
5,7432618 $47,9 0 683,10 712,9682 Brunswick filnteraol
4,6382 10
•
$
Refundig 482, 50 13,80 173,86972 43,06714 2,51 0 37,625 0
1,204962
-194
14,820 215,39862 14,20
652,0483
*
Total
Total
406,350 605,H437 21,70 0
Refundi g 2,0546931 10,75 0 27,85397 9,64028 38,250
$
w
01
409,
2,466
Capitl
o
»-s
,8740 ,750 580,640 ,854
$
12
-194
1
8°
cr
Total
3
as
a
as
O
'
~
2Y1,52081349,478263973650§82704243,08297516,31.68,9455241039687NPMrEoadteFvnGtmlaoihteowbvcgfdcgurnlfscyUS.BSp§UICnsiiksfyENFM3TFOILSAUVDH0RNAISR.ED ,504396918,5727036-1.481579 251806,70.479632584,930^.146 23456,.107490,8312,891427356869730
YFN3EMFTIOMALAVINUDOH0RACSRP.DG
"
S
-1946
Capitl
$
New
Total
$
1,482579 36.01, 0 63,519 6 712,09 7
90 ,0
3,80156,70 6,7250 786, 3186 562,1935 5,0,0
39 ,0
20, 0 69, 50 157,98 1 760, 0
7,8410
$
-1946
127,450 832,76 93
$
'
Capitl 2,657925 61,490 542,06143 529,71 8
249,350 2,16953,80 9,50 0 10,36,25023,0 U 67,9205 284,50 69,721 0 76,90 0 17,6250
40 ,0 0
Refundi g 29,80 0 84,1735 28,0 0 3,0 ,0 14.02,15 6,45,0 58,761 0 25,0 0 6,758,15
20 ,0 0
2,0 ,0
Capitl 219,50 1,28570 71,50 0 10,36250 20,3 .0 563,18 5 27,805 10,960 51,90 0
20 ,0
LFFGCOOAVRERPENIGMNATT,,
OSUMFARY
s
4,3901
6,503,95
850, 0
39 ,0
425,87 95 41,37425 21,0 0
25,0 0 10723,497
~
$
2421,,4,7639185,8663739970087
NCGOITSORREPNHUUFPWEAI
Total
306, 0
Refundig 249,673298 6,439~405 17,23468
$
170,865
583,406 2,18064 73,0 14,60 16,30 0 867,3150 581,290 38,1 0 14,30 0 35,0 0 365,70
14,70 0 20,678940 536,27 04 185,07986 3,20 ,0 2,0 ,0 142,03 65
59,675,0 6,7250
29,80 0 1,09 6352 28,0 0 3,0 .0 164,0 6,45.0 58,761 0 25,0 0 708,930 23,654123
47650,6 "efo .o o 56,40^ 61,490
241,0967 14,70 0 20,678940 48,27189 185,07986 3,20,0 1,291,07 128, 9657
219,50 1,5269 51 71,50 0 24,836250 40,97840 1.05,83974 462,8 . 6 14,60. 52,0 0 "192,1070 35,72654
3,20,0 186,9 5
345,1802 1,29 30 2,507 2 ,5 28 149,6072 10, 0 126,34106
45,8273
3,0 5,0 5,235,0
10,80
2, 67,0 6,503,95
;
Capitl 4,1 23860 6,50395 419,38 0 423,650 7 21,0
$
306, 0
New
•
Refundig 48,7160 10,58329 6,50 0 24,697150 21.075, 0 19.38,0 19,28 19
257,53,9811064 — —. 926904,,50512788370 189,04965837 fbSraamotounicypiendlsytesABNrhuewck $534,6902187 16,3084521,0*4.35 346,18
Capit l
ACHANRDTE
'
New
4,583602
48,0185
214,87
596,516
17,43017 6,093 40
$
-1948
708,930
249,350 2,6 19,30 9,50,0 24.836,250 43,978.40 1,20 43,57 469.32 86 72.91 0 7,50.0 2.0 .0 379,8065
13,86108
New
$
-1948
$
$
521,50
60 ,6 6
6,05O76
Total
25,0 0 lb723~,497
-1947
New
Total
307,6 1 5,620 "812,718 21,9 240 10,9750
2,140
-
Refundi g 1,536405 5,235,0 24,597043 32,79 57 4,978,50
$
50 ,0
New
$
-1947
'
850, 0
3,20 0 186,9 5
281,2046871,71,,436265591887*.300
406,0 0
,248 ,59230 ,640 ,50 .487,02 ,08415 ,1980 ,30 ,0 0 ,0 358,06
84
583
14
38
18
2,474
14
1,093
731
35
10.
494,
48,7160 127,531 46 6,50,0 30,79.40 21,075 0 19,380 19,853
10,80
15327,106 ,29 30 2,~ 5o76 216.4 ,8 149,6072 10, 0 125,74 843,0 847 534,690 2,34671 3 78.039,20 14.60 18,50 1.062,9538 710. 9,15 18,60. 14,30 35.0 ,0 10, 0 47, 275
2,67,0 6,50395
525,,7331^818064
EN3MNOODN0TVH.S boannodtedss —_— stock stock boannotdedss stock stock foreign•—■?_bLoonnango-ttdeesrsm stock- stock corp—ate Gov•ernm.t BIntaernaioklforeovirgmnt Goagaevnnctid,s&Saes,,PSostaeiens fdinuficgluodoresestQMPoarevibtinofcec, N3EMNOOD0NVTH.S NBoteoasn—ds utiles-: eccotpo.arl,, manuft acesori inmadanuunfscttdrriglI beuiltdcngs, — —hterotarldtucins.g,, —, NBotoaesn-ds utiles— rccotpoael,, manuftr: acesori inmaadnuunfscttrdrigl bueitldc—.n:gs, htertoarltducisn.g,, utiles eccotpoarl,, manuft acesori inamdaununsftctrdrigl bueildtcngs, .. m.htoterraldutcins.gg,,, . utile.—s eccootparl,, manuf - aceso,ri indamanuufncstritgr—d1l bueildtcn.g.s, tthrreoaultddscin.g,, . sceocrpuritate
11
Domestic- Long-term Short-em Pref red Com on Candi - Long-term Short-em Pref d Com on Other Short-em Pref red Com on Total Candian Loan United
Corpate—
Other Municpal
"
..
Farm
•
J
toal- •'Thes
Grand
ogatiofns
11
Long-Term Railrods Public Isrtoen,l, Equipment Maontodrs ■— Land, Rub e_r! Miscelanous : Short-Tem Public Equipment Maontdrs
Ship ng Investmn
ste•voln,,
Other
Oil
Total
Other
Land,
lub er Ship —ing Investm n Miscelan ous
Stocks-
Railroads ste l, Equipment and
Public Iron, Motors Other Land, Rub er Ship ng
Oil
Investmn Miscelanous
Total—
ste l, Equipment and
Public Iron, Motors Other Land,
Ship ing investmn
elanous
Total
CO
CJ1
THE
(2538)
,
COMMERCIAL
Co:;
.
C.
Co.," Inc.; Parwell, Chapman & Co.;
Ferris & Co.; Foster & Marshall;
Inc.; Graefe and Co.; Graham,
parsons & Co.; Green, Ellis & Anderson; Gregory & Son,
Inc.;
G. C.
Haas & Co.; Hallowell, Sulzberger & Co.;
Harris, Hall & Co. (Inc.); Harrison & Co.; Hayden, Stone
& Co.; Hill & Co.; Kenneth B. Hill & Co.'; Hirsch & Co.;
The
Illinois
Co.; R. H. Johnson & Co.; Kaiser & Co.;
Kalman &
Co.,
Inc.;
Kean, Taylor & Co.; Ketchan &
Steele
Fautet,
M.
Evans
A.
&
Co.;
&
Freeman
M.
&
'
Co.,
'
"
•
2,100,000
E.
■%>
purchase
2.875%
&
Minneapolis
Paul
St.
trust
certificates,
23/a%.
Omaha Ry.
&
1,
Dec.
due
1949-1963.
-
Stroud
&
Co.,
Inc.
1,000,000 Illinois
due
Terminal
Co.;
Co.;
Inc.;
Phelps,
Pollock
Fenn
&
Co.;
Inc.;
Rotan,
Co.;-B.
and
equip¬
.
&
H.
:
i
i
:
!
,
.
T
Co;.;
■
■
:
:
2Va%
equipment.
of
equipment
May ,1,
Awarded
to
trust
1;
1349-Nov.
Walter
Stokes
&
Co.;
W..Pfziini
Moreland;
J.
S.
&
(Co.
L:
F,
Straus
&
&
St.
banks
!
1-surance
!
;
;
in-
due
Cb),
Valley Trust Co.
their bid of 99.85.
on
'
;
'
•
due Oct.
for
1,
1973.
Awardeu to Equiiable juixe Assurance Society
United States on bid of 100 and interest.
the
Broome
?
1.45%
2.55%
Corp.,
&
1958.
from
Salo¬
to
according
Hutzler;
&
maturity.
to
Drexel
&
Offered by
Union
Co.;
and Stroud & Co., Inc.
r\, 'v
4'
(Inc.);
/.):./
&
Co.;
&
Co.,
Blair
William
Inc.;
Miller <&
The
Co.;
&
R.
Co.;
Illinois
&
and
Co.,
Mullaney,
Wells
&
Burnham
Central
and
G.
C.
&
Haas
Co.
&
:
.
due
•
&
R.
H.
Co.;
Hirsch
&
&
:-);■;-).
&
Coe; (Mason,
annually
&
;
Agnes
Jan.
..
15<
Co.;
Burr
2,509,000 Sisters
...plete
bonds,
,:4
,
,
Wells
&
Co.
production loan,
Mutual
gas
ETC. <
''/
1949-1963.
of
new
Offered
money
McMation
by
:':
...
Milwaukee,! Wis.,
first
mortgage
due semi-annually Jan. 15, 1950"
finmce -construction.
Price, 100-
Purpose,
Offered by
•.!•->)'.;•... r";.-v-
St.*; Mary
;
serial notes,
Furpose,
interest.
interest according to matuxlty.
.
(St.
'■■■)
v
Louis;. 'Mo.)first
B. C.
'
and
additions
to properties'
($1,900,000)1 "Price,
Oifered by Dempsey-Tegeler. &, Co.
interest.
$235, 000 Carolina
r.
*
&
ilnci);
Gregory
100
and
1958.
?)/.:
^ -/rff
*1,000, OOO
Co.;
&
Corp.
5% sinking fund notes,
notes,
working capital.
Purpose,-pay
.Offered by Kirchofer &
(Clcland)
notes,
Simpson
due
Co.
Arnold Associates,
and
Dec., 15, 1963.
Simpson
Purpose,
due
Dec.
Price,
-
Inc.
Estate
Real
expansion,
1,
par.
:
Co.
4%
moderniza¬
tion, etc.
Sold privately to an insurance
company through
Barney & Co.- ."
)
Smith,
% $1,295,000
Son,-'
Harris?.
.
.
PUBLIC. UTILITIES
.
.
'*$750,000 San Antonio Transit Co. three-year
equipment trust notes,
j
Purpose, purchase of buses.
Sold privately
to a Dallas
I
bank. \ -i
i.'':),,
% ! ;%.'??
')';
,
' lackall
Hutchinson
McMaster
Sales
<fe
!)
| i ;
<V
OTHER INDUSTRIAL .AND
*$1,500,000
United
States
MANUFACTURING
Sugar Corp.
'
3%%
ln49-1951.
&
Mntii"!
Life
Insurance
through Stifel. Nicolaus
.
...
Inc., and E.
H.
•••
Rollins
V"'/,"
&
&
Co.,
Co.
Inc.;
Inc.
Sons,
4,1
■>-'
'
'
•
serial
notes, due Sept. 1,
purposes.
Sold privately to
Purpose,' corporate
Provident
)
& Co.;tB, V/. Pizzini & Co., Inc.;
Wm. E. Pollock
Co., Inc.; Putnam & Co.; Raffensperger,'Hughes & Co.,
Inc.; Rambo, Close & Kerner, 'Inc.; Reynolds & Co.; The
Robinson-Humphrey Co.; E. H. Rollins & Sons Incy L. F.
'
and
MISCELLANEOUS
Feiin
i
Pur-
Insur-
Life
$3,550,000
Co.; W. H. Newbold's Son & Co.;. Homer O Connell & Co., Inc.; Alfred O'Gara & Co.; Oti's & Co.; (Li'mv
S. Palmer Co.; Peters, Writer & Christensen,
Inc.; Phelps,
V,*
loan.
Mutual
•
'
;■& Co.; Merrill Lynch, Pierce, Fenner & Beane;
Martini i& Co.; E. W. & R. C. Miller & Co.; Mu'laney,
McMaster
by
refunding
mortgage-2V2-3% ,serial bonds,, due (Eemi-annually May 1,
1943-Nov. 1, 19S3.Purpose, • refunding* *($600,000); com-
)
: -
Co., Inc.;!
City Secur,-Securities Corp.;"
Co.
Lomasney
Co.;
1,
Congregation,
1964.
101 and
Co:.;;'Stockton?
Anderson;
A.
Nov.
Frice,- par and
Hoban,, Inc; r.:i
^
Ziegler:& --Co. i
In-
.fey
Co.? Investment; Corpr of Nor-'
Johnson, Latne, Space and
&
Co.; ' Ketcham & Nongard;,;
&
BUILDINGS,
(2Vz-3V4% ) serial bonds,
.,
v
Co.;
Moran
oil
Co.
purpo:es..;
j.
300.000 St.
;■*
expendi¬
.
Johnson
purchased
:
Purp .se, expansion, etc.) Purchased by
of New York.:" '
.
■
,
Co.; Hannahs, Ballin & Lee;
Ira Haupt & Co.; Hayden, Stone
(Inc.);
Hill
&
production
Insurance Co.
LAND,
& Co.; Clayton
Inc.? C. C. Collings and Co., Inc.; Cooley '
Co.; Henry Dahlberg & Co.;- -DeHaven i
Crouter & Bodine? Detmery &r Cow? R. S.-,
Ellis
etc.
York.
New
oil
I.
&
Green?
of
Co.
10-year
$30,480,000
by1 Halsey,;
Company ;<-ArCtfurs,1!..
Cabell
Republic
notes,
Offered
Allison-Williams
Co., Inc.; Kean, Taylor
/)j.John Kormendl Co.; D.
•,
'
Hutchinson
Co.;
Co.;
Co.
Day
L.
Co.;
&
folk;
Co.;
Hayden,
capital
(La.)
$75p,COO Catholic Bishop of Cleveland (Ohio) 2Va%-4%
&
Co., Inc.; Charles H. Drew & Co.? Dreyfus)
Co.; 'Equitable Securities Corp.; Este & Co.; Fauset,
&
Hall
Phelps, Fenn & Co.; L. F. Rothschild
First of Michigan Corp.; Freeman & Co.; Wm. E.
Pollock
Co.;
Corp.; Gregory & Son, .Inc.; Harris, Hall
Burr,
Courts
Townsend,
Inc.;
Priced
Otis
&
Steele
to yield from 1.50% to 2.80% accord¬
ing to maturity.
Offered by Halsey, Stuart & Co. Inc.;
R. W. Pressprich & Co.; A. G. Becker & Co. Inc.: Equitable
Securities
debenture
Co.
expansion,
Life
Co.,'-Inc.
bank, loans,
Oil
.due?1958,
Dickson
■;
7.935,000 Pennsylvania RR. 2%%^ equipment trust certificates, series
V, due annually Nov. 1, 1949-1963.
Purpose, purchase of
equipment.
Co.;
Brothers;
Co.;
&
Securities
)\;._v>!
&
•
Coffin
due semi-annually June 1, 1949-Dec. 1,
purchase of equipment.
Priced
to yield
Bros.
mon
Inc.;
3%'
Co.-
,
promissory
aiice Co. of New'York.--
Insurance- Co.?:.
,
ities Corp.; E. W. Clark
;
equipment trust
certificates,
Purpose,
Byrd
.
;
St.' Louis RR, 214%
4,600,000 New York Chicago &
Co.
Blyth
interest. )
and
Branch,
•'V.
advances,
of
&
101.209
4%
11-year
first mortgage
*250,000 Quinto Creek Production
•j
& Kiima; C. S. Ashmun Company; Auchincloss,
Parker & Redpath; Bear, Stearns &
Co.; Blair & Cj.y Inc.;
JC.
Bradford & Co.;
-
boncl'V series 4,
Purpose, to reimburse Pennsylvania RR.
3%%
mortgage
'
1
,Price,
Life
Corp.
v-;;;:..::-L-.;-?.:')-v,-:;Lestrange
'
first
RR.
Purpose, Iretire
Price,
Stuart
1
Gas
Corp.
Mutual'Life Insurance
pose,
„
"
_
3V2%
purposes.
Mutual
Mutuali:Life
through
&
Sugar
3%- sinking fund bonds,
Nov,»l, 19oj. Purpose, construct lubricating oil plant.
Placed. privatsiy. -with Metropolitan Life Insurance Co.
ar.d
Sweney,
bonds,
mtge.-
Northwestern
Co.,
Electric
1st
construction
to
Masachusetts
Insurance
Service
1963.
Co.
Purpose,
privately
tures.
•
Electric
1977.
Co.;
Travelers
50,000,000 Public
Mercantile Commerce Bank & Trust Co.; First
National Bank; Boatmen's National Bank, and Mississippi
*14,518,000 New York Bay
General
;Sold
Oil
*240,000 Potomac
'''!•: '■
due
•
101.80.
Purpose,
Louis
series
.
,
through Juilen Collins & Co.
States
cue
...),)
Rothschild;;
Co:?
.
*4,000,000 Portland
1958.
common
OIL
Wurts, Dulles & Co.; F. S. Yantis & Co., Inc., and Yarnall
certificates,
1958.
Life
*$30,000,000 Cit-Con
I Cartwright & Co.; Swiss American
Corp.; Thomas & Co.;
; Wqchob-Bender Corp.;-H. C. Wainwright & Co.; Weeden"& Co. Inc.; Werth-eim &
Co.; Wheelock & Cummins,
;
;
;
due
company's
.
,'t William R. Staats Co.;" Stern' Brothers & Co.; Stifel,
Nicolaus & Co., Incsj Stix & Co.; Edward) Lowber Stokes
»
;Y
debentures,
of
$100,500,000
Carl
Co.?
Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Schwabacher;& Co.;
Scott & Stringfellow; Chas. W. Scranton- & Co.?
Seasongood & Mayer; Shaughnessy & Co., Inc.;. Shields &
Co.; Sills, Minton & Co., Inc.; Singer, Deane & Scribner;
■
■%
;
Purpose,
•
fund
retirement
par:
Sold privately to Massachusetts Mu¬
Insurance Co. and Banker's Life Insurance Co.
Nebraska,
&
i.,'
semi-an-
d ie bept.
1, * 1Jo9.
Purpose, corporate purposes.
Sold
privately-to Mutual Life Insurance 1 Co.
of
New
York
through Stilel, Nicolaus & Co., Inc.; A. C. Allyn & Co.,
Inc.; E. H. Rollins & Sons, Inc.
) : ■
i
&
Mosle
due
M., Kidder & Co.;
A.
Thalmann
Co., Inc.; Prescott; Hawley, Shep--'
Co., Inc.; Raffensperger, Hughes & Co., Inc.; Rand
The Robinson-Humphrey, Co.;'. E.jH.
Rollins; &
ard &
Sons
&
sinking
and
notes
Price,
United
'
<
:
Patterson,
Copeland
&
Kendall,
Inc.;
Winsmw, Inc.; Peters, .Writer- &*Chris¬
West
&
eluding
&
of
Inc.?',!;
RR.
semi-annually
purchase
,
tual
3.75%
serial
Purpose; corporate purposes,
Harris, Hall & Co. (Inc.).
: S
through
purchase
*
3,10%
Co.
1.914-1963.
1,
Corp.
stock.
*2,500,000
.
& Co.; Mullaney-,' Wells &-Co.i The
Omaha; E. M. Newton & Co.; Alfred
Otis & Co.; Pacific Northwest Co ; Roger-
Inc.? Wm. E.
equipment trust certificates, series
1949-1963.
Purpose, purchase of
yield
from
1.55%
to
2.675%
according to maturity. Offered by R. W. P'ressprich & Co.
and Freeman & Co.
V, .' y1-:--; " - ;
i ■ •
.
Taylor & Co.;
Ladenburg,
privately
Purpose,
t
of
tensen,
.
*
&
Palmer
')•'
Monell
Co.
Perrin,
annually Nov. 1,
equipment.
Priced
to
,
Kean,
Nov.
Placed
*1,000,000 Ihor
s
Taper
nualiy
'
'
due
C,
1
Co.,1 Investment Cor.p. of Norfolk; R.
&
Co.;
Minsch,
'
,
&
Co.;
Rhoades &
O'Gara
■
,
'
,
M. Loeb,
Co.; Mackali & Coe;• Martin, Burns
& Corbett, Inc.;
Mason-Hagan, Inc;; A. E. Masten & Co.;McMastsr Hutchinson & Co.; Merrill Lynch, Pierce, Fenner ,
& Beane;
E. W. & R. C. Miller & Co.; The, Milwaukee
S.
2%%
RR,
Cromer
&
National
Drexel
1.320,000 Clinchfield
*2>5CG,000 Sutherland
Byrd
Co.,
Kormendl
Co.;
equipment. .Priced to yield from 1.60%.' to
to maturity. Offered by Salomon Bros.
& Co.;
Union Securities Corp.;' and'
of
&
Hutton
John
according
Hutzler;
F.
'Johnson
Tyson; Weeden & Co., Inc.; Wyatt,'Neal & Waggoner;
S. Yantis & Co., Inc.,-and Yarnall & "Co.
ment
Broome
Inc.;
Inc.; Glore; Forgan & Co.; Graham, ''
& Co.; Green, Ellis & Anderson; G. C. Haas &
Co,;, Harrison & Co.; Ira Haupt & Co.; Hirsch & Co.;
&
Chicago
Co.,
Cassell
Parsons
i.
Lynch; Homer O'Connell & Co., Inc.; Alfred
O'Gara
&
Co.;
Patterson,
Copeland & Kendall,
Inc.;
Peters, Writer & Christensen, Inc.; B. W. Pizzini & Co.,
Inc.; Win. E. Pollock & Co., Inc.; Frescott, Wright), Snider
Co.;
R.
W.
Pressprich &
Co.;
Putnam
& Co.;
Raffensperger, Hughes & CO., Inc.; Rand &*Co.; Reinholdt
& Gardner;
The Robinson-Humphrey Co.;
Rotan, Mosle
and Moreland; L. F. Rothschild & Co.; Salomon Bros. &
Hutzler;
Schoellkopf,
Hutton &
Poineroy,
Inc.;
Scott,
Horner & Mason, Inc.; Scott & Stringfellow;
Seasongood
& Mayer; Shaughnessy & Co. Ine; Shields & Co.; Robert
Showers;
Sills,
Minton &
Co.,
Inc.;
Singer,
Deane &
Scribner; F. S. Smithers & Co.;. Stern Brothers & Co.;
Stifel, Nicola us & Co,, Inc.; Stix & Co.; Walter Stokes
& Co.; Strader, Taylor & Co., Inc.;
Stroud & Co., Inc.;
Thomas & Co.; E. W. Thomas and Co.; Townsend, Dabney
F.
Monday, December 20, 1948
M. M. Freeman & Co.,
1
A. M. Kidder & Co.; Laird, Bissell & Meeds;
Loeb, Rhoades & Co.; Marx & Co.; Mason-Hagan,.
Inc.; Mason, Moran & Co.; Milhous, Martin & Co.; E. W.
&
R.
C.
Miller
&
Co.;
Minsch, Monell & Co.; Moore,
&
CHRONICLE
Eodine? Dempsey & Company; Dick
&
Merle-Smith; John Douglas & Co., Inc.; Charles, H.
Drew & Co.; Elkins, Morris &
Co.;'Emanuel, Deetjen <&
CO.'; Equitable Securities Corp.; Este & Co.; Fauset, Steele
&
Co.; The First Cleveland Corp.; Foster -& Marshall;
M.
Leonard
&
1\
Townsend,
Nongard;
Carl
Stockton,
Buff*
»...;
Emanuel, Deetjen & Co.; Equitable Securities Corp.;
Clement
FINANCIAL
& Co.;
Burnham and Company;
Brothers; Caldwell, Phillips Co.;
Inc.; Cicy Securities Corp.; Clayton
Securities Corp.;
uohu & Co.; coo.ey & iCo.; .courts <&;
Co.; S. K.» Cunningham & Cosy Inc.; Henry D^hlberg &:
Co.; J. M. Dain & Co.; R. L. Day & Co.; DeHaven &
(Continued from page 3)
& Co.;
&
:
«
of
A.
Philadelphia
C.
Allyn
' r
&
Co.,
-••)')
.V'-'
:
&
$73,573,000
•
public
utilities
")!-V;c):-:i.
Rothschild
to
Metropolitan
Life
Insurance
Co'.
Co.
and
Penn
Walker
,
trust
notes,
due
privately
to
National
4,
Bank
Of
New
Trust
New
Massachusetts
Hancock
Hanover
and
York;
Life
Bank
Life
Insurance
Insurance
mins,
Sold
-
Insurance"
Co.,
Co.;
erect new
.
Telephone
Co.,
Ltd.,
series E, due Nov, 1, 1978.
struction
Price,
program.
102.38
:
.
j
.v
3%
Edison
Co.
first
series,
due
1978.
bonds
first
finance
interest.
C,
due
extensions,
Service
Nov.
etc.
1,
mortgage
and
Purpose,
Co.
collateral
payment
first
-r/
i
/
98 Va
and
Iowa
Public
series,
due
*1,000,000
101.93
*500,000
and
Kern
Co.
•
California.
V-
*12,000,000 Michigan-Wisconsin
Pipe
Line
transmission
line.
Life
Insurance
of
New
)
to
(Pre erred
insurance '':
and
Mutual
series
lative
Insurance. Coj-?,... .e:x;);)')!
institutions
.
Orleans
314%
series,
due
Kalman
Service
1978.
&
Inc.
Purpose,
taken
are
at
wMle
p^r,
all classes; of common
pre¬
stock
are
'."-'.j .);::%);■)) f)):™'),;-'
;/
',(.b
UTILITIES
Electric
$10),
Public
shares of 5.30%
cumu-
per
Co.
Purpose,
share-.
Co.
12,100
shares
of
common
Purpose,
property ^additions.
Price,
Offered for subscription by stockholders,
Service
(par « $15).
j'.-
Loeb
Co.
&
OTHER
' 4-' r.")?
Offered
shares
109,866
finance
for
2,500,000 Peninsular Telephone
c,:;).;.
of
common
stock
construction.
subscription
Price,
$15
stockholders,
f
by
:
.
MANUFACTURING
•
$26.40
San
Jose
*$60,000,000 Aluminum
Life
;
;
■
to
Insur¬
Co.
America
of
3%
promissory notes, due
Dec.- 1, 4973.
Purpose,., repay bank- -loans and • finance
construction
costs.
Sold
privately to Metropolitan Life
Insurance
Co.
plan,
the
and
trustees
through
The
Alcoa's
of
First
Boston
Corp.
,
&
1,784,050 Sioux
'
-■»
*3,000,000 Black
due
Decker
&
Nov.
1,
Manufacturing
1965.
Purpose,
Co.
3V4% notes,
capital.) • Sold pri-
Works
15,913
per
cumula-
shares
City
repay
bank
share., Offered
Gas
Electric
&
,').-;stock
(par
$12.50).
subsidiary. Price, $25
,
15-year
working
$1.32
_
Water
Purpose,
$30.50
employees'
of
6f common stock (par
loans, working capital.
Price,
by Dean Witter' & Co.; Blyth
Cti,, Inc.; El worthy & Co., and Schwabacher & Co.
$^,5).
mortgage
shares
G. H. -Walker & Co.; Merrill
Beane;
A,
M. Kidder & Co.;
and) Company and Leedy, Wheeler &
Alleman,
;■ '
'
■
,.
/"
■ -.
Inc..
)
485,346
»
100,000
(par $25).
Purpose, expansion, etc.
share.
Offered ' by Morgan Stanley &
;per
Co.; Coggeshall & )Hicks;
Lynch, Pierce) Fenner &
5.
Childress
'.
AN.D
Co.
preferred, stock
;
Price,
)
INDUSTRIAL
retirement
through
Public
Louisiana
(par
L,647,990 Iowa
.
EQUIPMENT/ MANUFACTURERS
*11,000,000 Minneapolis Gas Co. 314% first mortgage bonds, due Oct.
1, 1973.
Purpose, corporate purposes.
Placed privately
with
value
and
Water Service Co. 80.0d0
$24,75-per share.
.
10,000,000 New
loan,
Mutual
'
.
299,475 Central
Placed privately through Dillon, Read & Co. Inc.:
•
/;
by
.convertible
stock
.
■ J 't
preferred stock,
series D,
(par $25).
Furpose, .repav 'bank loans, additions, etc.
Price, $26.50
Vper share. Offered by Dean Witter & Co.; Blyth &
Co.,
'Ihc.; Elwcrthy & Co. and Schwabacher & Co. *
)
Corp! 1st' mtge. -, pipe line
1962 -'.(second seriesly) Purpose,- ex--;
due
par
offering prices.)
$2,000,000 California
1st
Life
their
at
value
par
PUBLIC
Purpose, capital expenditures.
privately to New York
V;.;'
Co.
stated
a
no
trust
Co.
privately
Mutual
coll.
*$6480,000 General American Transportation Corp. 2% % -3% % equip¬
ment
trust
certificates
series
44, * payable quarterly
to
Nov.. 1,; 1968.
Purpose,
purchase
of
equipment.
Sold
privately
to
two
insurance
companies
through
Kuhn(-
f
1
first
Sold
par.
Co.
&
of
stocks of
Transmission
$216,250,000
Sold
Pacific
^
3%%
mtge.
Sold
Provident
3%
1st
mtge. bonds 3% series
finance construction program.
Price,
privately to Aetna-Life Insurance',
Purpose,
stocks
ferred
computed
Co.
'
nroduction
gas
Purchased
STOCKS
;
Purpose?'
an
and
and Note-i (Issues Maturing
Up to
'-and Including Five
Years) ■ -■
Inc.
loan:
serial
oil
Co.;
Sold
Water
interest.
Eastern
bonds
York.
Co.
ance
.Sc
Co.,
&
Inc..
Short-Term Bond«
v,
•
by
bonds,
purposes.
and
""
'
Co.
Price,
Metropolitan
,.v
loans,
Purpose, construction of natural
•
Dulles
Yantis
S.
Co..
? ^ V
v
OIL
'
.
4,%f
mortgage
-
pipe line bonds, due 1868,
gas
first
1973.
Purpose, corporate
through The First Boston Corp.
privately
and
::V'1? pansion.
bonds,
mortgage
bonds,
314%
finance construction.
Price, !.
Offered by Halsey, Stuart & Co. Inc.
Co.
Wurts,
F.
Sold privately
Electric
&
California
and
*24,000,000 Texas
1
Offered
:
Gas
1978.
first
Telephone
due
A,
Co.
Co.;
'
rrod-'cUin
due 1952. ■ Purpose, expansion, etc.
Life Insurance Co. of" New York.
lif--
'
-
Southern
due
Furpose,
interest.
Mutual
series
of
Service
&
15-year
garage facilities.
City
99.02
100.50
bank
'
1978.
Schmidt,
Wheelock'& Cum¬
Inc.;
and
Co.
99y2
and interest.
Insurance Co.-. )';•-)
-Life
trust
"
314%
repay
interest.
Dean Witter & Co.
3,000,000
Wood
Price,
"'■)
promis¬
of
Price,
Co.
mortgage
Purpose, I
1975.
Price,
Co.,
'.'I;v-j ■„) bonds, 3% series due 1978.
con¬
Offered
,
series
E.
Waggoner
Transit
company.
3%%
mortgage
Purpose,
and
sory notes and finance expansion program.
and interest.
Offered by Kidder, Peabody &
1,500,000 California Water
&
&
*
by
White, Weld <Sc Co.; Kidder, Peabody & Co., and Shuman,
Agnew & Co. .V';.%■%;.,
:,.)•:)!;) ■,
',:),'
';.)■)
4,000,000 Brockton
Co.,) Inc.;
&
Co.
Associated
bonds,
Weeden
Harold
Neal
Antonio
*1,000,000 Sioux
6,000,000
Co.;
Inc.;
*750,000 San
John
and
&
Wyatt,
Co.;-'. Mellon
City Bank
National
Mutual
Life
refunding.
Trust
&
The
Co.;
England
Mutual '
Mutual
serial collateral
1949-1958.Purpose,
Central
Schmertz
& Co.;
Scott, "Horner & Mason, Inc.; Shaughnessy
Co., Inc.; Singer, Deane & Scribner; William R. Staats
Co.; Stix & Co.; Edw. Lowber Stokes Co.?) Walter Stokes
& Co.;
J. S. Strauss & Co.; Stubbs, Smith & Lom'^ardo,
Inc.; Thomas
&
Co.;
E. W.
Thomas
and Co.;
G; H.
v'A'
*15,000,000 American Light & Traction Co. 23/4 % -4%
C.
R.
!
t
-$186,9.5 Yucca
&
Life
Mutual
;! )
Co.;
"•'i
Poole
*$1,500,000 AIlentcwn-Bethlehem Gas Co. 3J/<% first mortgage bonds,
due 1963. Purpose, construction. Price, par. Sold privately
Insurance
&
Co.
71,362
Purpose,
per
shares
investment
share.
Offered
for
by stockholders.
of
in
common
stock
of
subscription
"
Co.
vately
first
mortgage
New
to
York
Life
Insurance
Co.
Brothers.
bonds,
?
.
finance construction pro¬
i'
f
r
..
"through
dential
Insurance
Co.
of
America.
Southern
California
Water
Co.
36,000 shares of 5'/2%
preferred stock (par $25).
Purpose, payment
notes, etc.
Price, $26.50 per share. Offered by
Hall
&
Co.
(Inc.);
Smith, Polian & Co.; Hill
^convertible
\ .■
••
.
*10,000,000 Burlington Mills Corp. 3V2%
notes/ due Oct. 1,
!■% t
Purpose,
working
capital.
Placed; privately
with
Price, 100.955 to yield 3.20%.
Offered by Lehman
Brothers; Bear, Stearns & Co.; Drexel & Co.; Hornblower '
Weeks; Lee Higginson Corporation; The Ohio Company;
gram.
&
900,000
Lehman
;•
'
,
mf
.*•
1963.
bank
Harris,
Pru-
.
~
'
Richards
William
&
R.
Co.;
Lester
Staats
Co.
&
and
Co.;
Pacific
Co.
Wagenseller &
of California;
Durst, Inc.
,
E.
H..,Rollins
Co.,
and
Sons
&
Stroud
&
11,000,000 Northern Indiana
314%
series
D,
Incorporated;
L.
F.
Rothschild
,*10,000,000 Massey-Harris Co.,
& [
1'
Company," In6.
Public
due
Co. first mortgage bonds,
1978.
Purpose, finance con
1,
35/s%
&
-
Price, 100.95 and interest.
Offered by Union'
Corp.; Eastman, Dillon & Co.; Drexel & Co.;
Shields & Co., and Francis I. du Pont & Co.
60,000,000 Northwestern
tures,
due
American
Bell
Nov.
Telephone
15,
Telephone
interest.
Offered
Williams
Co.;
1979.
&
by
Co.
Halsey,
Almstedt
3fr-year
Purpose,
Telegraph
pay
Co.
Stuart
Brothers;
314%
deben¬
advances from
Price,
&
Co.
101.375
Inc.;
American
and
Allison-
Securities
Corp.; Geo. G. Applegate; Arnhold and S. Bleichroeder,
Inc.; C. S. Ashmun Co.; A. E. Aub & Co.; Auchincloss,
Parker & Redpath; Bache & Co.; Bacon,
Whipple & Co.;
J.
Barth
Co.; A.
Blair
&
&
G.
Co.; George K. Baum & Co.; Bear, Stearns &
Becker & Co. Inc.; Blair & Co., Inc.; William
Bosworth, Sullivan & Co.; J. C. Bradford &
Co.;
753,300
*1,000,
000
rJ)':: ",; '■ '.•
National
Motor
Bearing
Co,,
Inc.
500,,000 Plywood,
Aug. 1,
Offered
*10,000,000 St.
&
4%
due July
1, 1961.
Purpose, corporate
privately through William Blair & Co. -
promissory
purposes.
.
.
!
notes,
'
580,000
Inc.
5% sinking fund debentures (W. W.), due.
Purpose, working capital; Price, 97 and int.
P. W. Brooks & Co., Inc.'.
.
by
Paper
Aetna
Insurance
Ca'ifornia
Water
Co.
20,925
shares
of
Co.;
Lester
Staats
Co.
&
and
Co.-;
Pacific
Wagenseller
Co.
&
of
California;
Durst,
Life
Co.
of
Insurance
Co..
through
York,
and
The
White,
Langley
&
Co.;
H.
Eastman,
Davis
&
Dillon
Co.;
&
Co.
&
Co.;
A.
Hemphill,
C.
Allyn
&
Co.,
Inc.;
Noyes- & Co.; E. H.
Rollins & Sens Inc.; Straus & Blosser; Bateman, Eichler
& Co.; Johnston, Lemon & Co.; Johnson,
Lane, Snace &
Co., Inc.; Mason-Hagan, Inc.-and Boettpher and Company,
$10,950,161
Mutual ( Life
Weld
William
Tide Water Power Co. 80.000* shares of common stock
(no par).
Purpose, finance extensions.
Price, $7.25 per
share.
Offered by Union Securities Corp.; W.-C.
Paul
Co.
New
common
Inc.
.
15-year 35/b%
debentures, due Nov.
1,
1963.
Purpose,
increase
working
capital,- etc.
Sold
privately to Metropolitan Life Insurance Co.;. The Pru¬
dential
Insurance
Co.
of
America;' The' Penn
Mutual
Life Insurance Co.;
Sun Life Assurance Co. of Canada;
The
..R
Placed
-
1967.
Regis
Southern
stock
(par $25).
Purpose, finance construction program:
'Price, $36 per share.
Offered for subscription by stock¬
holders.
Unsubscribed
(4,069)
shares offered by Harris,
Hall
& Co.
(Inc.); Smith, Polian & Co.; Hill Richards
Wood, Gundy & Co., Inc.: and ;Emanqei; Deetjen
Co.
struction.
Securities
sinking fund note,
Nov.
I, 1968.
Purpose, finance increasing business,
augment working capital.
Sold privately through Lehman.:
Brothers;
¬
20-year
due
Service
Nov.
Ltd.
*Represents issues placed
privately..
)
Volume
Number 4761
168
INDUSTRIAL
OTHER
I'HE
expansion'.
subscription
Price, $i5
stockholders.
by
snares
onered
Boston
share.
per
General
(par $5).
Offered
Harris,
Unsubscribed
Hall
&
(173,814)
(Inc.);
to.
General
of
..
Offered
fy
stock
common
by
and Loewi & Co.
Engineering
.:
for
51).
(par
Co.
working
Purpose,
capital,
made
"best .-efforts". basis.
'•
•
'•
$.
,'■//-.■
>
deliveries
.order
in
during
by
stockholders.
Underwritten
Co. and J. W. Brady & Co. on a
&
Beechcralts
18
additional
subscription
Dempsey-Tegeier
Buffalo Forge
2)
page
the
parts
spare
an
and
rebuilt
the
for
for
Navy
keep
on
war
mcdiiied
were
of
to
Beecbcrafts delivered
operational basis.
the
and
the
to
Air
Navy
Force
Net
—V.
•
Electrochemical Co.
50,232 shares of cumulative
.Only such products were made as were on firm order, and "A constant watch was kept over costs and every effort was made to reduce
preferred stock, series A," $4.50 dividend (no pari..,.
Purposs, corporate purposes.
Price, $100 per share.. Of- ' .them .to, a. minimum," said Mr. Beech.
fered
for
subscription
by
stockholders..
Unsubscribed
'Backlog of business on Oct. 1, lb48, the start of the 1949 fiscal year,
(6,182) shares offered by Smith, Barney & Co.; R. W.
approximated $17,600,000.
Current
assets
at
Pressprich & Co.; Robert W. Baird & Co,, Inc.; A. G.
Sept.
30,
were
$12,164,921, including cash of
Becker & Co. Inc.; George D. B. Bonbright & Co.; Bastr
$3,198,561. Current liabilities are $5,862,104.— y. 168, p. 1898..
t
-
•
phill,
„
Noyes
Kiddey,
Lynch,
6c
Fenncr
&
&c
Weeks;
&
Janney
F.
Beane;
S.
&
C0f>.;
Higginson
nee
Merrill
Moiele'
stock
i
Inc.; Stone &
&
lOci.
(par
tal,
.
etc.
feld
Operating
of
Corp.
96,000
shares of common
w. rking
capital.
Price, $2 per
subscription by stockholders.
300,000
shares
of. common
Oil
Corp.
10,202,057
10,391,930
14,675,646
shares
of
stock
common
Price,
$1,10
(par
Dec.
share.
per
21
1,055,9o2
i52,943,628
118,334,141
The
Youngstown, O.—$1 Div.—
reorganization
a
reorganization
$4,080,184
by
payments
subsequently voted
oi
tne
record
Net
plan
$96,000 Forbes
&
Wallace,
non-voting
Price, $16
Tifft
Inc.,
stock
shares* of
6,000
(no
class
B
Olfered
Brothers.
Inc.,
•
shares
bu.lding
class
stock
A
operation
and
share.
per
Offered
Depreciation
Other
co.
..
Loan
&
Evans
A.
Jones
Co.,
&
Co.,
Co.;
Inc.;
ties
91,500
&
Inc.;
Stirling,
C.
Mason-Hagan,
Williams
T.
Inc.;
Marris &c Bousman;
&
Co.,
Inc.,
C.
S.)
Robert
F.
as
of
the
carrying
Aug.
share,
a
payable
of
amount
1948 —V.
31,
&
profit,
129,
assets
Co.,
Inc.,
12 000 shares'of
'(par $2».
Purpose, open
share.
Offered by Suplee,
297,652
Oct. 2/48
N.
Sept. 27/47
191,350
989,125
$127,522
$25,330
$107,312
544,371
518,460
518,460
518,460
$0.29
$0.24
*$0.01
shares—
share
requirements
income
the
of
1948.—V.
&c
$1,696,886
$5,798,881
Y.—V.
subsidiary
147.
168,
163,603
Dr27,583
430,415
sales
$2,166,962
$1,669,303
$6,229,296
taxes
870,000
655,000
$1,296,962
shares
outstdg.
share,,,,
branch
store.
Yeatman
stock
common
Price,
*Plant
$3,704,296
$2,489,682
309,109
627,218
303,109
$3.16
$5.77
$7.67
i
$2.02
CONSOLIDATED
BALANCE
$7%
profit
$3,671,178
(le-s
reserves)
$6,484,137
9,222,314
536,100
Loan
$32,040,000 Federal
and
$874,957
t$9,563
1,118,228
'
1,144,806
Nil
$0.89
preferred dividends,
&
Intermediate
Intermediate
Credit
dated
Dec.
Price,
Banks
1,
debentures
refunding.
due
par.
1948
Offered
York, fiscal agent.
?
!%%'■'
11948—3 Mos.—1947
charges—Inc.
Fed.
$4,081,680
515,318
1,750,000
1,300,000
$770,000
$540,898
$2,331,680
$1,685,093
264,635
264,635
234,635
$2.55
$1.68
$7.39
"
—
shares
1949.
R.
outstdg.
share
com.
preferred dividend, requirements,- tPreliminary.
t
.inventories—
preferred stack
stock
:
($100
par)—
outstanding
_____„„
(no
$55,670,000
Earned
surplus
'
400,000
$4.92
V.
168, p. 42.
..
1943—3 Mos.—1947
1948—9 Mos.—1947
$789,261
$"58,775
$2,345,532
237,900
213,300
889,000
569,200
$345,075
$1,456,532
$928,511
378,680
378,680
taxes—
profit
shares
Earnings
Net
28%
—
outstdg.
share—_'
per
billings
$1.29
\
.
September quarter
the like period of 1947.
over
of
$1,497,711
378.680
$0.91
the
for
COMPARATIVE
400,000
15,455,450
378,680
$3.84
1.948
show
$2.45
increase
an
of
■
,
STATEMENT
OF
WORKING
CAPITAL,
2,640,300
SEPT.
1948
Cash
________
225,000
Current
asrets
360,953
238,203
Current
liabilities——
30
1947
$1,143,124
$871,366
8.250.587
u*
—
11,902,266
7,142,773
9,245,611
150.000
:
"264,635
_
1,000,006
2,640,300
15,530,450
____
par)»_r'_M__;__i;
.__
:
;
t
■
$2,985,093
$491,361
income
Capital
5,000,000
1,000,009
—
Cap. surp. applied against stock held in treasury
Capita] surplus
_L
,_L:
__1
>'
„
343,737
for contingencies-—_________
6%
Common
New-
Federal
2,462,710
5,000.000
*
Reserve
Purpose,
Dunn,
___*■.
for
-
tl948—12 Mos.—1947
$1,056,216
541,954
Period End. Sept. 30—
after charges——
$2,943,546
3,730,934
363,239
Long-term notes payable;
Nil
$1,311,954
taxes
■.■
Net
3,409,789
taxes—
withheld
Reserve
consoMdated
May 2,
Charles
by
Employees'/ taxes
1,144,806
2004.
p.
Byron Jackson Co.—Earnings—
210,693
accrued expenses-—
Reserves/jfor Federal and State
168,
t$168,463
Byers Co.—Earnings—
profjt
■■
$3,009,000
Accounts, payable, ana
tNot stated.—V.
t^-oss,
'//
Notes payable
Credit
Banks,
1.607/
consolidated
debentures, dated Dec, 1, 1948, due Sept. 1, 1949.
Purpose,
refunding.
Price,
par.
Offered
by
Charles
R.
Dunn'
New York, fiscal agent.
23,630,000 Federal
'
t
t$2,526,463
$1,347,059
1,144,806
$0.67
"After
710,000
1,473,124
deferred expenses
LIABILITIES—
Government Agency Issues
ended
825,500 Cr2,358,000
1,144,806
Lamngs per
7,358,236
710,000
royalties—
on
Cr435,200
share
Common
7,063,1C0
7,921,498
and
assets
payments
$113,543,490
2,172,559
t$444,763
__—
after
Net
17,065,103
—
refundable
taxes
non-current
quarter
1948—9 Mos.—1947
t
1,411,057
taxes
com.
(A. M.)
Dec. 31/47
and'equipment—
Other
the
Redemption—
1948—3 Mos.—1947
$43,287,117
Period End. Sept. 30—
State
24,519,817
Federal'income
per
for
shares outstdg.
per
Profit
SHEET
Oct. 2'48
receivable
lvable
$25,145
was
1,670,000
-
$1,014,303
627,218
_
Accounts
Co.
&
Net
"Earns,
$4,159,682
2,525,003 '
ASSETS—
Cash
*$0.16
outstanding,
Subs.)—Earnings—
taxes
income
Common
COMPARATIVE
&
then
"
(&
—
before
Federal
Dr68,900
taxes,,/
per
stock
2427.
p.
Period End. Sept. 30—
Profit
$4,228,582
(net)
exp.
preferred
on
168, p.
Profit
Farm
J
net
Net
$47,517,931 $40,009,557
.
$161,264
Butler Brothers
579,892
$2,003,359
Net' income—M,
Earnings
Adtcnce
/!*'
•252,000
There have been called
for redemption on Jan.
14, 1949, through
operation of the sinking fund, $56,000 of first mortgage 50-year sinking
iund gold bonds due April 1, 19b0, at 105 and interest.
Payment will
be made at the Irving Trust Co., trustee, One Wall Street, New York,
$1,687,500
,
359,312
15.900
Bush Terminal Buildings Co.—Partial
2231.
p.
j
for Fed. "inc.
Common
Securi¬
•
.
41,233
78,000
1
per
■Sept. 30,
Nine Months Ended
Sept. 27/47
Inventories*
Youse
205,522
80,000
foregoing figures do not reflect the earnings of the sub¬
Bush "Terminal Railroad, which are not presently distributable.
sidiary,
was
$15,309,471 $62,174,438 $43,738,474
14,503,517
11,561,999
47,694,242
33,770,576
2,609,754
1,859,236
.7,692,190
5,159,424
__
income
.
C.
Cassell
Union
and
inc.
Prov.
Corp.
(E.
241,264
common
"After
Finance
Corp. 60,000 shares of 6% cumu¬
lative
convertible
preferred
stock
(par
$25).
Purpose,
general
corporate
purposes/. Price,
par
and
dividends.
Offered by Johnston, i.emon & Co.; H. P. Wood &
Co.;
Van Alystyne, Nool & Co.;
Scott, Horner & Mason. Inc.;"
Auchincloss, Parker 6c Redpath; Doolittle Sc Co ; Clament
•
it
Profit, before Federal
Securi¬
1945
$1,049,664
$350,585
NOTE—The
recreati.n
Farrell
1243
$1,0.18,139
taxes—
profit
of
$19,414,282
of-sales, excl. depr.
belj. 6c gen'l adm. exps.
10c).
(par
of
by
1947
1948
—<•
200,000
erect-in*
Price, $1
purpose,
center.
our
&
discounts
Operating
200,000 Rec-Hall,
cash
Cost
■'
common
Purpose/ working
capital.
by P. !<5, Mo.e.ey 6c Co...
par).
share.
per
after
all
id.
changes
to $4,197,000
Oct. 2,'48
sales,
other
'
cleared
company,
dividend of $1
a
r>ec.
Tnree Months Ended
1,500,000 State
which
Bigelow-Sanford Carpet Co., Inc.—Earnings—
MISCELLANEOUS
ties
plan
Oil
$499,980
equipment in
and
$1,080,355
etc.
etc.
income
^After/ dividend
The
Period—
and
Net
No.
dividend
stockholders
to
machinery
Co.—Earnings-
Mos. End. Sept. 30—
interest,
13.
Dec.
of the company's properties,"
we
are conducting
a
important,
more
even
15,385,435
approved
resuming
on
directors
supplies,
physical expansion
"and
rrofit after aepreciation,
168, p.' 2426.
lor
way
The
Corp. 1,200 000 shares of common stick (Dar
lo.
Purpose, drill oil well. Price, 25c per share. Offered
by Telher & Co.
*
'
-
1,076,012
1,580,440
*494,674
stockholder have
office
of
the
to
said,
Revenue from rents,
Earnings
from
300,000 Regent
v'
949,975
charges
announced
181,800
manufacture
addition
Coleman
Bush Terminal
214,392
1,378,172
Bessemer Securities Corp.,
10c).
Furpo e, ,working capital.
Offered by Tellier & Co.
-
X
89,196,938
income,/-/
oper.
after
the
'
9,753,079 102,811,874
"Defic.t.—V.
.
Purpose, purchase of equipment, working capi$1 per chare. Offered by Henry P. Ro^en—'
$199,980 Deardorf
■
10,983,913
expenses
stock
OIL
...
114,974,303
Price,
Co.
the
Federal
Net
$10,611,940
s
12,409,531 127,689,577
Gperutiug itakeii
,
America
projects involved in the program have been completed and are
operation:
The new building housing the Detroit sales and
branch
and
Field Representative School,
The Defense Pl^nt
Corp. factory purcnased lor the production of springs and motors, the
addition of a complete lloor to
the main plant for modern painting
lacilities, and aif, addition to the Plymouth, Mich., plant now devoted
in
115,188,695
Purpose,
for
•
.The
V,
22,944
13,312,060
oper.
of this company announced exactly a year ago,
substantially completed, John S. Coleman, President,
10 in a letter to stockholders.
Dec.
on
Four
3
Net
Corp.
rev;
revenues—
Operating
'
•
324,786
$0.76
expansion
continuing program of replacing
plants."—V. 168, p. 1795.
1948—10 Mos.—1947
12,438,336 127,916,082
28,835
226,485
Uncollectible
'
Uniop Securities
13,335.064
revenues
1946
$246,751
324,786
$2.04
1919.
been
now
announced
Mr.
$
Operating
Engineering
Offered
300,000 Video
1948—Month—1947
Co ;
.
has
to
Telephone Co. of Pennsylvania -Earnings—
Period End. Oct. 31—
Webster securities corp.;;
Co., Inc.; Spencer Track & Co.;
.(par- $1).
share;
Co.;
Pacific Northwest Co.; Schoellkopf,
Corp.; Dean Witter & Co., and Yarnall & Co.
.
192,000 Interstate
*
Co.;
Cook & Co.;
Hutton 6c Pomeroy,
Stroud
'
4
v
Hornbiower
Co.;
Pierce,
Newhard,
■/'
&
peab.ody
Bell
1947
$662,193
324,786
$1.24
Burroughs Adding Machine Co.—Expansion Completed
Physical
"In
Hamlin & Lunt; Harriman Ripley & Co., Inc.; Hem-
1949
$402,706
chgs. & Fed. taxes
outstanding-—-
service
Dillon & Co.; Glore, Forgan & Co.; Graham, Parsons
man,
& Co.;
succeeding
director,
a
(& Subs.)—Earnings-
Co.
share-
per
167, p.
now
,
r
a.ier
snares
Earnings
and
were
second
/
elected
services
armed
5,026,200 Hooker
■.
profit
Capital
and
1
has, been
Quarter Ended Aug/31—
.Export volume, in spite of a difficult international monetary situation
the
"dollarshortage"
everywhere
abroad,
totaled
$3,-883,805, "*
;through. 21 distributors, tne report says.
>
Angeles,., Calif.,
Los
the past year Mr, Seidel assisted in the distribution of
$500,000 Budget Finance Plan preferred and class A common stock
to Caliiornia investors, the announcement added.—V. 168, p. 2319.
twin-engine
7-9-place
Model
etc;
Co.,
7
During
Beechcraft, and the 22-place Twin-Quad
Btech Transp'ort which has been on flying status for more than a year,
A'new
Beech
trainer is
almost leaay 10 fly.
During the year, 117
shares
235,000
(Continued from
.
the
„
Manufacturing
&
(2539)
Stanley M. Arndt, resigned. "
Investment News
First
The
Burr, Inc.; Hornbiower & Weeks; Huyaen, Miller & Co.;
The Milwaukee Co.,
295,000
CHRONICLE
Corporation and
for
Morgan Stanley 6c Co.; Glore, Porgan & (
Co.; Kidder, Peabjdy 6c Co.;
Lehman Brothers; Merrill
Lynch, Pierce, tenner & beane; F. S. Moseley & Co.;
Robert W. Baird & Co., Inc.; Clark, podge & Co.; Cofiin ■'
&
FINANCIAL
&
stock
common
Corp.:
by
&
MANUFACTURING
AND
$4,798,740 Bucyius-Eric Co. 319,916 shares of
Purpose,
COMMERCIAL
—
—_
/____
3,799,673
3,207,688
$4,450,914
$3,935,085
-
Total
Issues Not Representing New Financing
$942,500 Acme Steel Co,
Price,
A.
$4714
G.
Becker
1,030,000 Aluminum
■'././'
:
(no
-'r.
'
-
&
Co.
shares
share.
Co.,
of
Inc.,
stock
$25),
Stanley
$201.
Co.
$20,125
share.
;
Co./
Borden
[
share.
•
by"
Offered
."'
Offered
by
'"lock
Price, $17.75
,
-
347,110 Florsheim
par).
and
share.
per
Shoe
Co.
Price, $13%
common
Offered
26,960
per
of
Reynolds
of
Offered
sare.
Bacon, Whipple .& Co.
by
shares
*
stock
class
(no
&
••
A
in -cash,
;
->
.
Calgary & Edmonton Corp., Ltd. of Winnipeg, Manito¬
ba, Canada—Listing—
Privately—On Nov. 5
com¬
The
be
on>Dec.
1-4
declared
dividend
a
of
30
cents
representing npt income from dividends and
charged to the ordinary distribution account;
of
and
$1.30
in
j
•'■
■
1947.-^V.
168,'
2222.
p.
■*
The
3,250,000
stock
9
of
$25).
Nelson
Price,
Co.
$25
4,000
shares
share.
per
of
Co.
<
"+201,250 Paraffine
Cos.,
Inc.
;■■_
Offered
'•
stock
common
by
■
pari.-,
&
Edward
D.
,
.10,000
Price,-$20%
Co.
V
shares
(par
/ During the balance
tinue
satisfactory, it
Jones
common
the
at
-
of
-perLShare.
Offered* by
stock
rate
The
(no
Dean-'Witter
•_■/
....
Public Service Co.
stock
(no
Blyth
&
159,400 Rheem
of
par).
-
Co.,
■
-•
stock.
of
$1.50
directors
of
1949,
.mar
-■
.i
.and
is
the
their
intention
share
per
same
per
directors
time
to
stated,
This
earnings con¬
preferred dividends
the
pay
quarter.
reported
that
the
various
common
Offered
$18
share.
per
bv
Co.
Price,
per
'
of
common,
&
i7%
increase
the
of
the
number
presently
of
shares
2307.
p.
30,
1948, outstanding shares of this company stood at
representing a new all-time high total and reflecting a net
220,195 shares during the first nine months of the year.
assets, w'th securities valued at market quotations, amounted
The balance of realized profits on sales of invest¬
to
$1,158,733 and, in addition, the quoted market
investments
of
168,
exceeded
their
cost
average
by
$1,348,780.—•
157fe.
p.
-
Captal
Administration
Co.,
6,000
(par
shares
$5),,
of
common
Offered
by
On
!
15
Dec.
cents
45,009
shabes
share.
of
common
Offered
by
stock
Suplee,
on-,
the
or
3%
1/ the
common,
per
of
share
10
as
to
per
share
distributions-
cents
tRepresents
special
offerings;
holders
on
on
Morton
the
the
of
on
preferred
class
Seldel,
B
a
and
stock
the
record
on
and
class
Dec.
the
common
member
B
-28,
var'ous
50.12
the
regular
preferred -stock,
share
per
common,
to
declared
the
on
cents
class. A
cents
directors
■1949
cents
directors
such objections from stockholders,
indicate that no plan yet developed
would receive stockholder acceptance in the
large percentages required,
preferred
dividends
privately.
the
;/, Budget Finance Plan, Inc., of California—Declares Ex¬
tra Class A jConimon
Dividend—Elects New Director—
Offered by Raggio, Reed
Co.
placed
by
year
cents
an
the
extra
usual
common
1948.
the
regular
2% cents
quarterly
stock,
During
classes
on
quarterly dividend of
the
of
of
all payable
the
stock
class
A
current
the
share
Jan.
common
of
15,
calendar
amounted
stock.
of
quarterly
per
dividend
and
to
60
14Va
»
investment
firm
of
Morton
sufficient
to
of
"B"
and
declared, subject to the corporation having assets
its charter requirements
at time of payment, a
meet
91
cents
23.3
of
cents
share
per
share
per
on
the
on
dividend
the
of
91
cents
per
the
class
1948, to holders of record Dec.
change on Dec. 14 directed that
20,
class
"B"
"A"
stock
stock,
both
The
and
New
1948.
the class
"A"
stock
share until further
a
dividend
payable Dec.
York
be
not
Stock
quoted
27,
Ex¬
ex
notice.
'
On
Dec.
1947, a distribution of 20.48
the class "B" stock and one of 80 cents
The
lative
24,
cents
on
per
the
share
class
"A"
was
made
stock.
usual
quarterly dividend of 75 cents per share on the $3 cumu¬
preferred stock has also been declared, payable Jan. 1, 1949, to
holders of
lecord
Dec.
24,
1948.—V. 168,
p.
739.
Caroling Sales Corp., Greenville, N. C— Notes Offered
—Kirchofer & Arnold Associates, Inc.,
Nov/ 23 offered $295,000 5%
sinking
Dec.
1, 1958, at
CORPORATION
Caiolina
and
incorporated
Eastern
Corp.
North
Raleigh, N. C., on
fund noteg, due
and interest from Dec. 1, 1948.
par
AND
Kelvinator
Kelvinator
Seidel
"A"
directors have
The
on
$8,549,837
issues
past
Ltd.- -Class
Dividends—
Sells $500,000 of Preferred and Class A Common Stock—
Co.
share
per
the
f-V. 168, p. 2319.
stock
,
Inc.
during
plans
^
3,300 ■shares
Transmission
Youse
$2).
Yeatman
"Represents
will
proposal to increase."the
from 750,000 shares to
split-up
amounted
value
V:
if
by- stockholders, have .met with
year ;
i
a
value
$13,484,598.
dividend
at
of/recapitalization-developed
;
•
Gas
Price, $23.75
Co., .Inc.
S.)
share.
per
'
•.
Blyth &
(E.
$21.50
Inc.
Price,
Co.
142,500 Tennessee
343,125
Indiana. Inc. 5.000 shares of
Price,
Manufacturing Co.
(par $1).
&
par
four-for-one
of
Total net
Brown Co*, Berlin, N. H.—Initial Preferred Dividend—
either
257,500
1239.
Sept.
increase
to
■
.
p.
approved
no
a
_
&
157,
shares—V,
Dec.
on
common
2,944,026,
.
--1--'■■■
Curb* Exchange on Dec.
to dealings
at
a
later
capital stock out of an
no
.
O.)
(N.
par
York
admission
of
Canadian Investment Fund, Ltd.—Net Assets—
■
100,000
New
for
shares
be' outstanding to 1,241,636.—V. 166,
-
•
of
stockholders
On
.
Biscuit-Co,U8,000 shares of common stdck
.V/On-/Dec.: 14/. the 'directors declared an init'al dividend of $1.50
(par
per
Share ;on. the*$6 preferred stock, payable March 1, 1949 to
Price, $30 75 per share. Offered by F; S,
•Moseley"-"voting trust
Co.
-•.
v '
certificate holders of
record Feb.
10, 1949. This distribution is on
account of arrearages, amounting at Dec.
1, 1948 to $54 per share.
&
■
issue
the
of
and
Canadian Celanese, Ltd.—Split-Up Ratified—
,
ments
'
listing
outstanding
"special
a
Offered
$10).
.
Governors
for
cents
55
24, 1948, to stockholders of record Dec. 14, 1948.
the.-payments- of *18 cents each made on April 1, July 1 and
,Qot,(.l/.'dividend?; paid in 1948 will total $1.39 per share/compared
with
of
2,415,100
authorized
to
which
made Dec.
common
Board
authorized
authorized
share
per
interest,
15
date
3,000,000 shares, to effect
outstanding 310,409 shares.
-/'! With
.
.
.
Placed
553,500 National
;
r
&
Wallace, Ine, 4,0C<0 shares of class B
non-voting stock (no par). Price, $16 per share.
by F. S; Moseley
Co. and Tifft Brothers.
1917.—
per share which is. derived from "net
security
profits realized during the year and which will be paid in stock unless
the option-to;receive.cash has been exercised.
Both payments will be
/
(noC
;
•
64,000 Forbes
,
•v.!
Co.
stock
Co.—Loan
distribution"
par)..,
by Lehman Brothers.
.
in
,
The. directors
Co.,'
Blyth'&
will
shares
$23,670,821
Street Investing Corp.r—Year-End Dividends—
(^ar
'
1127,055 Firth Carpet Co. 7,158
and
1948
/
;
Broad
raoita'
in
the Equitable Life As¬
Society, evidenced by 3% notes payable in in-;:
staiments from Sept. 1, 1958, to Sept. 1, 1968, The
money
has been added to working capital. There were
$48,600,000 of notes outstanding on Nov. 30 —V.
168, p. 1252.
common
■
of
$23,351,175
surance
"
of
of
borrowed $15,000,000 from
pany
stock^
.
'
'shares-
&
by The First."
;
reserves
168, p. 2427.
$10).
common
shares
per
,
per
■
25,000
.
of
Offered
Inc-
■
&
•
Co.
lr2 rT>A
Moseley
Co., Inc.
shares
'4
-'
(oar
F.. S.
Blyth
'Price; '$19%
&
Fdison -.198.
Price,
by
share.
per
stock
common
20,000
Light & Traction
-.(par
Morgan
and
America
Price, $51.50
Corp.'
*
3,878,772 Detroit
of
Offered
par).
Boston
503,125 American
-
20.000
per
$47,517,931 $40,009,557
"After
V.
Working capital
-V. 167, p. 2570.
BUSINESS—Corporation
was
organized
as
the
Co.,
Inc., Jan. 8, 1929.
Corporation was formed
the purpose
of
distributing products of the
(now
Nash-Kelvinator
Corp.)
in
34
counties
in
for
Carolina.
In
1931
the
corporation
began
the
distribu-
-
8
(2540)
m
i
i
of
tion
By
■■
THE
■
i
i
products of
the
amendment
Carolina
Philco
its
to
i i
charter
counties in Eastern
24
Dec.
on
1934,
19,
the
North
Central
ohe
of
manufacturers
Kelvinator
than
other
corporation.
A distribution
in
of
Eastern
the
North
Philco
francnise
in
products
the
acquired
Philco
of
on
sales
in
May
Corp.
1936
1,
The
the
as
returned.
The
had
in J929 a
distribution of
corporation
from
the
Eastern
and
sale
Carolina
North
volume
.tems
from
about
40
panded
140
in
having
North
34
counties
Carolina,
population
14
of
South
of
Carolina,
4.368 ' 832
Virginia,
and
the
$200,000
the
event
excess
note
notes
over
due
now
in
this
the
of
excess
$200,000
and used
corporation
of
purpose
will
its
TTPON
UPON
Wachovia
$200,000
be
for
CAPITALIZATION
CAPITALIZATION
financing
(1940
added
the
Common
a—
stock
($10
CONSOLIDATED
par)—
INCOME
Tot$,i
Gross
profit"Jn"saieT-
MOS.
9
END.
Sales
"""
"
Corp
administrative"exDen~ses
aaministrative expenses
and
ana
Net
Drofit
Other
frnni
not
*-jii7
operations
income
1
.
er
C
Net
V.
•
less.
be
_*
income
168, p.
j
respective
S>rifit
21.655,141
2,319,782
"
-fr——
JNUiE-r-operations
211b'
„
the
months
11
!
8 and ended May 12.—V. 168,
■:
£■;.
..
Corp. of America—Earnings—
'
returns
Cost
and
gocds
Depreciation
&
gen.
S
$
$
43.926,584
171 640,478
128 715 598
29,231,794
103,195 256
income
6,491,760
5,367,599
3,272,525
11,808,214
9 506,350
15,333,043
9,632,931
50,145,248
212,621
276,807
687,367
9,909,738
50,832,615
will
letter
of
stock
a
common
cumulative
Pa$Pft
dp
1,489 722
Ended
after
(par
_
fonner
June
Torn
<
$2.50)
(par
with
and
the
3,000
both
$20),
directors
income
Dec. 4
Nov- 27
Nov. 20
Amort,
501,492
of debt
premium
'
478,125
'
discount,
issues
and
expense
49,262
54,479
150,121
Prov, for Fed. inc. taxes
3,784^000
19,400^000
11,254,000
!
9,023,910
5,593,134
29,792,772
16,626,579
$1.49
$0.87
$4.99
$2.60
Net
income
"Earnings
per
"Based
com.
on
shr.
5,514,107y2
shares
of
.
1946
'
served
,
Not stated
stock
common
from
Jan.
l,
1947,
the
policy
the
outstanding
charging
of
research
withnthe apoiicnvStfoSd nfret1!m,Rievarofin
a
four-year period.
The
net
for* the
income
chan|rbre°nUl?eflecteedbefn the^igures
—V
168
'
shown
939
d
corporation
$964 389
$421 895
$660 459
1 122 842
1 122 842
122'842
1
'
$0 86
'
$0 37
and
-
Dec.
arrived
WA-Cenf Di<?trihntinn
ie
15
S"
i
*
declared
a
1 DUSiriDUllOn
iiiinnir.
quarterly
of
dividend
33%
.
/-1
t>
m
n
t
t-»
,f(e(
s apProved company's proposal .to issue and sell to
S7S un/9?ni
fn!'0?! first mortsa8e
program.—V.
July
on
per
on
Oct. 15,
15 and
April
15 and
distributions
share, compared with 73'/2
future.—V. 168,
near
Central
Corp., Los Angeles, Calif
Plans
C-orPoraie Name—Mortgage Indebtedness Paid
this
stockholders on Dec. 20
change the corporate name
will
vote
Nicholson,
one
and
y
furnishings
apparent
that
Investment
this
of
coipoiauon
and
all
people
many
Pit
equipment.
do
Totaf°4EomeSePt*30~
income^
Total
Prov
not
"bee^Hfncreasingfy
has
associate
the
name
.
95,204
89,399
283,371
cko
o
in
'
knd
ASSETS—Cash
$86,251;
excess
receivable
taxes
of
cost,, plus
hand
on
SHEET,
and
taxes
on
paid
by
the
In
62,791
$bJ2,U45
SEPT.
hnnkc
30,
$R19
charged
$73,530-
i6
to
mnini
hotel
Treasury
company
bonds,
officials
said
purchased
series
»
A, due
there
expense
tax
notes
the
Dec.
total,
Shares),
reserve
for
$5,775,300;
$400'000
$8,119,050.—V.
$8,119,050.
payable
and
accrued, $617,701; accrued indeed note payable to the Connecticut Mutual Life
contingencies,*$175,000; stated capital (292,815
stock assessments, $234,252; surplus (infrom, revaluation of land), $512,746; total,
capital
ansinB
168,
p.
Americana
-
de
Electricidad,
as
result of the decision
a
Government,
board
fixing
their
of
and
directors,
of
for
its liquidation.
approval of the
the
and
and
duties
the
fees.
appointment
of
the
transfer
the
of
of
the
to
company
Societe'
convenience,
shareholders who deposit
their bearer warrants
New
TeTectricitv0 generated& anTHnurchasedpnSd
Dec. 12, 1948, amounted to 233,300,000 kwh., compared with 234,000,kwh.
000
the
for
week
corresponding
of
electricity
kwh.
215,500,000
increase
an
1947,
of
amounted
the
for
decrease
a
219,700,000
to
corresponding
of
0.3%.
kwh.,
week of
com-
last
year,
1.9%.
of
Definitive 3% Series D Bonds Ready—
> National City Bunk of New York is
30
operated
by
.
now prepared to deiiver
same time
1141.
*
covering
shares
it can
f(}r
Oct
Oct. 2,''48
from
reconversion
4,'47
$522,002
177,369
-506,670
Oct. 5,'46
$352,711
$344,633
$415,846
850,000
850,000
$0.33
850,000
$0.42
Number of common shares_^._____^_
Earnings per common share
167, P- 2683.
_
.
n
m
$0.79
°
n
rN
T
1
r
Tt
Period End. Oct. 31—
1948—3 Mos.—1947
$
Net
sales
"Net
Class
Com.
;
;j
profit—
A
shs. outstanding
shs.
tEarnings
outstanding.
per
share
1,355,136'
400,000
'
-
Tan
nn
and
offering
•;
wiu
14
Sale of Facilities at
'
'
.
vo1p
annrovin^
on
an
acreement
^ectosteuction^nnanc^Oorporetion invoKtag
proposed
sale
of, the
facilities
company's
at
the
—16 Weeks Ended—
Period—
:
Oct. 9,'48
,
Oct. 11,'47
—9 Months Ended
Oct. 9,'48
Oct. 11,'47
Sales
$18,596,862 $15,597,878 $50,351,645 $46,657,831
Profit after charges^-.
975,675
,"15,704
.3,674,798
"2,496,106
Income taxes ________
493,800
1,611,308
1,010,04s
Federal tax credit (net)
Crl47,600
______
.
,
—<
—
—
Net income
Common shares outstdg.
$481,875
$163,304
$2,063,490
2,634,308
2,634,708
2,634,308
Earnings per com. share
$0.15
$0.03
$0.68
,
__—____
"Includes
$199,657
for
reserve
contingencies
restored
$1,486,058
2,634,708
S0.48
income.—
to
v. 168, p. 249.
Cream of Wheat Corp.—Earnings—
3,091,060
400,000
400,000
1,288,401
1,288,401
$0.80
$0.64
'1,288,401
$1.83
*
iriod End. Sept.30
19^
"Afte-
^
*
'
EARNINGS
'
"Net
1,288,401
Eamings
and
1
,o4g_qMnwlQ«
1948 9 Mos.
600 000
?5
K
S
Federal
1947
600 000
$o
'
taxes
cnarges ana i-eaerai taxes.
*
2,892,353
400,000
$1.71
charees
3 Mos.
600S
sharTS~out7td"e"
iStags^ share Ag:
;
.
unit
per
and options
of one share
> COHlillg Glass Works (& Subs.)—Earnings—
•+
114,282^746 104,778,283
.
43c'
Co.—Proposes
_
1948—9 Mos.—1947
1,088,534
J
ftt
Qffered
shares
Warren (Ohio) plant.-V. 168, p. 2322.
$
37,344,523
41,856,853
Plant
qtnrkhnldprq
CanLl
$
Steel
.a
2321.
168, p.
.
be
th
jxh
of which 42,350
10c),
150,000
v
m
City Stores Co. (& Subs.)-Earnings—
tQ
(par
atlon
,
Wirrpn
Clties Service Co.—To Sell Control of Two Units—
See Peoples Gas Light & Coke Co. below—V.
&re
ghares
156,098
$735,516
—
capital stock
recession and
of
Files With SEC
notifi
1
Cr219,232
res.
f
There is no underwriting.
Proceeds will be used to
RFC loan, meet current obligations, etc.—V. 165, p. 936. * *
1947
,
$1,242,186
New York
t-
of
fc
the
1948—11 Mos
1947
'
offer
an
Copperweld
.
.
optj0n
repay an
Reduce Bonds
t
Ended-
Qne
n
shares
342,350
covers
15000()
and
$4,425,150 of general mortgage
1, 2019, at a total cost of
$35,155,500 of these bonds
Month
J
Copper Canyoil Milling Co
shop—
^
1948
p*
'
fleet
Jan.
taxes
Net income
(at
«ooU/«nce Co- of Harfcford. conn., $770,000; deferred rental income,
$33,605;
•
Consolidated Edison Co. of New York, Inc.—Output—•
tricitv
—
In
LIABILITIES—^Taxes
trust
v.
""
$6,672,379), $4,231,566; deferred
$1,444;
of
,,
"pushbutton"
At. the
_„oi„av,iac
company as of Dec. 31, 1924, plus subsequent additions at
cost),
$2,413,007; building and equipment, furniture, fixtures and improvements (less reserve for depreciation of
forest,
'
ficates of stock of the CHADE with the Guaranty Trust Co. of
were
v. fb8, p. x!4zb.
Nov
\
Transferred
accrued
$98,044;
as
1947, an in-
J"**"' subsequent deliver, ot. the shares of the SODEC.-V. 167.
,
addilL
which may be undergoing
V. 168, p. 2320. .
^ .
■
and
Weeks
Income
1948
tmnii-
System,
,
diesel
growing
Ry.
Profit after charges__u___
$999 ooa
$552,904
the
charges,
345 398,097
in
with the Guaranty Trust Co. of New York, 140 Broadway, New York,
N- Y < for the purpose of obtaining the necessary documents to enable
them to vote at the meeting of Jan. 8, may also leave their certi-
Cincinnati Milling Machine Co.—Earnings—
192,892
049
®
income
.
iooaqo
190,536
$141 016
ihl'ii.uib
(amount
lessee)
iQn=i7fi
rapidly
Western
company
1
November
In
338,635
interest), $473,388; other U. S. Govt, obligations
(at cost, plus accrued interest),
$603,549; cash surrender value of
life insurance policies,
$121,690; -land (at valuation fixed by officers
of
matter
Sales,$1,660,593
$1,721,642 $18,870,823 $19,158,965
The company in November, 1948 operated 50 units, compared with
52 in the corresponding month last year.—V. 168, p. 2321.
orm
'8
62 791
$141 916
BALANCE
•:
or,
'
•
62 139
62,135
____
one
the
North
hours
Period End
qI'IIr
89i7n
'
.
to
1947.
Childs Co. (& Subs.), New York—Nov. Sales Off 3.5%
297,775
■
service
&
0Ulsianain8-
;;'
.
<
4V2%
$1,426,156
amortization
income-
few
«4 103 604
1948~12 Mos—^
$1,513,673
taxes"™
dep^eciation
ACCOUNT
$402,150
'
eie
INCOME
to
Chicago
Chicago Rock Island & Pacific RR.
Central
$391,088
"tru$t~1e^note
loans
for
Net
opened officially at Chicago, 111., on Dec. 16.
^P
.
COMPARATIVE
bank"
amounted
■
.
a
with the Biltmore Hotel,"
has pa.d off the last cent of Its
mortgage Indebtedness.
Federal income
1948,
assets
18,
'morfe extensive repairs.
and
,
interest
9,
Shareholders of the CHADE are being notified of their rights to
exchange their shares of CHADE for shares of the SODEC. As a
c°mPrising 1,928,000 cubic feet—is equipped to service nine <Uesel
lacom°tive units at one time releasing them for action in a
los Angeles
complete
Corp.
The company
the
with
Designed
on
Dec. 8 stated in part;
investment of this company is its
buildings,
and
distribution
President,
only
banks,
(SODEC), of Luxembourg, some of which were approved
shareholders at the meeting held in Luxembourg on Nov.
the
year
.
noon
eight
energy of subsidiaries of this
business * conditions of territory
general
Dec.
Spanish
the
pared
>
approving a proposal
corporation
to
Los Angeles
Hotel-Co.
C.
"The
the
by
with
by
•
(CST)
company
by
taken
Local
to
up
show
ended
Hispano
28.
the
The
H.
111.,
Chicago.
from
8
.
Investment
,
Biltmore
Building.
Nov.
on
nection
.
Chicago & North Western Ry^—Has New Super Station '
for Diesel Fleet-
Off—
to
5.0
d'Electricite
the pay-
cents paid
2428.
p.
'
bonds series due
5.3
231,586,000
>
324,584,803 for the corresponding week
or 6.41%.—V. 168, p. 2428.
Certificates will be dated Jan. 1, 1949, and jwill mature $227,000 semiannually July I, 1949 to Jan. l, 1959.—V. 168, p. 2320. •
,
Struqtion
4.0
-
one of. the steps in carryingduring this and last year, in con-
BidS f°r purcIlase of $*M0,000 equipment trust certificates, series
an
5.0
218,470,000
out the Pr°tective measures taken
a
it is reported, plans the sale of $8,900,000 equipment
Station
% Inc.
238,429.000
11 ls understood that this meeting is
'
GG' wil1 be ^ceived at office of J, W. Severs, Vice-President, Room 744,
j
1947
240,397,000
230,009,000
243,189,000
to
week
with
liquidators,
es'timatPri
Chicago Milwaukee St. Paul & Pacific RR.—Bids—
<Snullm 18 Electric & Gas Co.—To Issue Bonds—
Th
•
pi-.i
-
«
20,813,294
at
action
Chicago Burlington & Quincy RR.-Equipment Issue-:
Union
rVnti-ai
...
past four weeks
1947
1947'
Tpe comPany 011 Dec- 9 published a notice convening a general
meeting of the shareholders, to be held in Madrid on Jan. 8, 1949.
This meeting is important as the shareholders will consider the
'
trmt certificates ea^.y in J*™ary.-V, 16». P- 2320.
^bow? a^SeD?0 3hQad1947S
P
'
the
Compania
The company, it is reported, is expected to sell $4,320,000 equipment
experimental
S*'88 contrasted
nine8 monthsXendKS Sept.
com-.
<CHADE> ®f Madrid, Spain—Meeting for Jan. 8—
'
$0 59
'
:
adjusted
for
position of the
trust certificates in the
as
associated
340,684
,<
after
adopted
and
2426
D
crease of
"
ot 1947,
quarter
Co.
248,023.000
'
compared
,
providing for preferred dividends
NOTE—During the last
,
Weekly Output Increased 6.41% —
Chesapeake & Ohio Ry.—Plans Sale Of Eqiup. Issue—
company,
.
shares of the Consumers Power Co.-
1,072,313
'
Ine
wil1 amount to 65'/2 cents
ln I947—V- 168, p. 248.
The
$2.88
•
1948
252,390,000
—
corporation
1,082,215
1,252,568
Including the dividend of 10 cents paid
159,443
5,971,000
$154,086
—
The weekly kwh- output of electric
1947
'
ni
cents each
5,074
$111,336
$2.08
$122,828
$2.30
c9rP°raMon borrowed $6,000,000
>
<h*r*
11
2,250
h
L
from net investment income and the remaining
cents per snare from realized capital gains.
ments of
85,430
'
increasmS n°tes outstanding to $21,000,000 on Nov. 30. The
Proceeds were used to pay, in part, the purchase price of common
to
1,155,716
i,ioo,76i
:
_
Of
'
-
Sf5.
p
—_
168
•-
$2,073,456
~
thir diSHmn.iS^^l is
?ir
2ni hifrom
l!434*375
Interest
3.047
#
*
—
SEC
2,756,678
III" I"
_
on
51,130
57,984
Commonwealth Edison Co.—Weekly Output—
Week Ended—
Dec. 11
„
Total
.
ar»
'
The
7,403
$300,844
56,255
—
„P
shares
HjarningS
1948
__
outstanding
2130
p
$293,441
4,484
$193,161
28,445
$229,421
45,592
_-V
,
SS Sn^ge
■
probably
3,220,866
_
share
per
$188,677
•
—
Electricity output of Commonwealth Edison
Famine
30—
__
shares
167
$2^5,248
4,173
—-
Ohio—Files
notification
preferred
expenses_____
income
n?7finS
1,077,609
423
Panies- excluding sales to other electric utilities for the week ended
Dec' n< showed a 5% increase over the corresponding week last year.
Fniinwinoviinwoi*
1796.
p.
Co., Youngstown,
filed
6
of
Chemical Fund
29,474,397
_________
fund
Th/SI
28,711,550
762,847
15,545,664
—_
hearing
iqar
$19710™
??5
715,423
0?5
816,075
Commonwealth & Southern Corp.—Borrows from Bks.
Dec.
on
'
85,130 099
1,789,334
3,793,593
—
Operating profit
1949.—V. 168,
this
$14,106,096 $12,661,430
V
.
Other
that
inMnntho
7%
-
sinking
Earnings
2,177,196
—
adm. exps.;
indicated
Markets
shares
Capital
$
sold
Food
Months
Net
1948—9 Mos.—1947
54,574.290
33.270,458
allows.__
of
Sell.,
1948—3 Mos.—1947
the
to
nf
Income taxes
Depreciation, depletion, etc.___-_____
,
(Including Domestic Subsidiary Companies)
Period End. Sept. 30—
Gross sales, less discts.,
distributed
'
—~~r
••
'
Sales
^
be
would
\
stock.—-
inn
$904
816
Balance to surplus
_i_ j——
Earnings per share (53,468 shs.)—
V. 168, p. 148.
preferred stockholders, whichstock of the reorganized company,
holders,
recently
6,000
|>rrn
Six
.
'
7%
v-CFro (16 JraSCO t/Opper Corp.
•
•
Profit
Lelanese
the
of
$0 96
A
1947
$1 041 323
ir:—.—
_
has
company
5%
reflect
1948,
In
receive
be offered at par without underwriting. Proceeds will be used to pay
off current bank loans and for operating capital.—V. 166, p. 2208.
1948—11 Mos—1947
30,
would
$0 97
1948
'
eleetrtc■
—
the"
and
stockholders.
they
holders,
30
'
Gross income
deductions —
£~.e, incom® taxes—
State income taxes.—
their
of
.bt<°
reorganized company, to the 6% preferred stockthe common stockholders, in accordance with their
to
Century
1948^ 11 MOS. 1947
Nov.
on
r.
.
-.
With SEC—
$189,464
of
ended
distribution
preferred
7%
Central
payment
$0 21
,
—V.
17,861,555 190,768,479 167,213,796
1,107,654 11,199,702
7,565,782:
whlch startcd APril
a
oi ic
P-
for
the
to
debenture
be adjourned to Jan. 18,
Caterpillar Tractor Co.—Earnings—
947
balance
to
court
covering
^
of
date
in
to
$0 18
Operating income
Other income
priorities.
the
evevf
The
1948—Month—1947
tBased
.
revenue deductions——
•
The hearing on the amended plan and on other plans filed by
parties interested in the proceedings is set for Dec. 20, 1948.
How-
2320
Period End. Nov. 30—
the
holders
debenture
to
allocable
The
distributed
holders and
flirt
207'867
_
the
to
to
payment
nnriinn
$397,330
;
_
interest
distributed
full
debenture
to
allocable
company
share
com
reVenue
Gp®™f^
operating
.
*-Qr7
'•
arges
$2.80
interest.
ivrnnihc
AQsn i" the case of the July plan, contingent assets, consisting prinnnrtfnnnt^n "in
tJ^ethSe7r"/ganr
frrrpri ltnikHniriPr f!r tho portion of L! claim not satisfiedP ?«
lerrea
stockholders for the
their
in
$J47,817
4»,Di4
H
.
reorganized
ner
ODerati__
nnri
459*695
459,695
nnprntinnc
income
Gross
"
_,
the
of
with
be
insure
Total..
Selling
ocniiig
minority
and
shares
romm0n
'
period Ended Sent
preliminary
distributed
otherwise
is
ever
385,638
:
'
plan, the amended plan contemplates
& Light Corp., a subsidiary of Central
matter purchase
its outstanding
Power
preferred stockholders.
421,873
Sales
sub-
July
the
a
computed
to
would
'
Corp
Commonwealth
entail
having an asset value equal to the full amount of their claims,
plus stock equal to 5% thereof, or 10% of the value of the stock that
$5002975
Carolina
would
which
transaction
stock
1948
30
and
,
■,
stock
be
would
excess
18,600 shs.
•
SEPT.
$2.71
$2.88
income-taxes
A'
rlaqq
J- Pe com. s re :
$0.i8
$0'21
After charges and taxes, tAfter dividends on the class
V. 168, p. 2321.
...
• ;
Colorado Central Power Co.—Earnings—
Blue
would
order
4,800 shs.
20,000 shs.
STATEMENT
States
$200,000
sales
share—
ch
tEarns
and would liquidate and dissolve.
Thereafter
would transfer its assets to the reorganized company
common
claims,
20,000 shs.
4,741,600
c,opay Corp._Earnings_
The
The
Outstanding
$295,000
1958
the
the
PTNANfTwo
FINANCING
Authorized
,
Amend Reor-,,
Ridge Corp. would be merged or otherwise comresulting combined company would be an open-end investment company which would have outstanding only common stock.
in
sold,
capital of
and
130,583,402
4,584,546
NOTE—The foregoing figures include operations of Wise, Smith &
Co*» Inc*» Hartford, Conn., from date of acquisition, Aug. 18, 1948.
—v. 168, p. 1141.
f
••
stock
which
bined.
purposes.
THii
THIS
op
OF
par)
,
pay
Co. and
Trust
working
corporate
oomptftthm
COMPLETION
'
10-year 5%
sinking fund notes,
5%% cumulative pfd. stock ($25
,
&
marketed
as
Central States
off
and
taxable
Cities
would
publicly-held
an
census).
retire
to
Bank
are
to
general
is
$
148,842,094
_____
•
Electric Corp.—Trustees
of
case
American
States,
Jnt0
PURPOSE—The
the
in
As
that
distribution
the
to
Eastern
in
[
States
be
13.—V. 168; p. 2320.
made on and after Dec.
was
States constituted a
stantial liabilities..
manufacturers; and exNorth Carolina to
manufacturer
one
representing
from
total
a
of
products
territory
counties
area
articles
two
major
its
^
combinpd
Central States in lieu of the plan dated July -2, 1948.
The amendment was necessary because the Bureau of Internal
Revenue ruled that the provision of the original plan calling for
distribution of the Blue Ridge stock to debenture holders of Central
Kelvinator
year.
gross
,
^ The Chase NaUonal
*.
__
$
164,300,379
4,874,078
_____
_____
^
the last pre-war year,
including the sales of its subsidiary,
sales increased in that period from $57,810 to $1,724,482 per
During the
same
time
the
corporation
expanded its
sales
1941,
share is being.
saies
"Net profit
fEarniflgs per
ganization Plan-Merger With Subsidiaries reposed-
volume of $57,810, derived
Corp. products in 34
grew annually through
sales
Sales
counties.
Payment
Central
tK Xthtoor„fS' StjSi
:n21SeerniCte11tSSa0rS,na'ly
^ ^
Nef;
.us
rate of $7.50 per
at the
the
ol
.1
■
■
$
this
dissolve
1
liquidation
in
to
proposal
a
.
City of New York, 43 Exchange Place, New YorK, n.
certificates will be stamped to indicate the payment and will
Bank
Richmond, Va., area and for this purpose
a
subsidiary corporation in Virginia
(now
wholly owned)
Commonwealth
Sales
Corp.
Subsequently this subsidiary
organized
known
Carolina
of
corporation
acnieved
results
approved
Dec., 10
on
made upon presentation ofstockcertificates
.
_
Because
stockholders
The
better
products
mmmmmm
CONSOLIDATED EARNINGS FOR THE 12 MONTHS ENDED OCT. 31
Approved—
Inc«-^-Dissollltion
Edison,
Pays Liquidating Dividend of $7.50 per Share
of
name
Kelvinator
Co., Inc., was changed to its present title to
expression
to
its
merchandising functions inasmuch as
corporation
had
enlarged
its
distributing facilities to
include
give
States
iii
1
■
i
in
Corp.
Monday, December 20, 1948
CHRONICLE
8c FINANCIAL
COMMERCIAL
i
FOR
'
profit
12
MONTHS
1948
$1,391,538
share_____
ENDED SEPT.
1947
$1,252,188
$o m
"
;
'
30"
1946
$1,289,516
$2.32
*
$2.09
"After charges and Federal taxes.—V. 167, p. 2577.
per
1947
BoJooo
$2.15
194&
$965,911
$1.61
Volume
168
Number 4761
THE
Crown Cork International Corp.—To Pay All Accruals
.
The
directors
share
dividend
25
Dec.
record
lows:
20.
Jan.
John
of
class
of
the
and
2.
J.
declared
13
a
year-end
dividend
of
$1.70
Distributions
this
on
issue
1948
in
made
were
of
In
pected
all cumulative
pay
dividends
the
on
class
payments
of the regular quarterly dividend of 25c per
part to the realization by the company, in 1948,
of income
resulting from the completion in that year of transactions
of
the foreign subsidiaries which had their
inception in preceding
years."—V.
'i
■
The
6%
will
gold debenture bonds dated Jan. 1,
1905,
payable on Jan. 1, 1949, and sufficient funds, are
be
for
debenture
'
50-year
and
payments
in
consist
the
of
in
original
$940.98
full
thereof
principal
in
the
amount
amount
$1,000.
of
of
Such
the
and
of
rate
3%
including
tures,
respectively,
such
Jan.
Federal
presented
at
a
be
—V.
The
to
Chase
National
Place, New York 15,
make
to
such
Bank
N.
Executive
payments.-—V.
167. p.
2787.
changes in this corporation,, which
have
1
,
taxes
167, p.
Profit
Aeronautical
the
Corp.,
Board
two
of
the
engine-building
Paul
of
of
the
Shields,
the
Board
years,
Corp.
of
In
division
;. ;
con¬
?
of
.
elected
addition,
he
Chairman
retains
of
outstanding
Committee.
1
?
'
directors
share,
usual
Dec.
/
168,
stockholders
of
v
25
record
of
the same
\
■
special year-end
a
to
20
stockholders
$1.15 per share,
V\
'V*
to
15
total
•i
have declared
payable
quarterlydistribution
Dec.
of
cents
Dec.
dividend
record
share
per
1.,
J
1948
made
this
•/Nine
.
Net
166,
2566.
p.
,1
National
State
Bank
of
J., and Chairman of the board of Mutual Benefit Life
Co., Newark, has been elected a member of the board of
$1,021,788
392,000
283,000
$635,071 V'-1 $629,788
* ' $309,071
the
of
according to
brought the
There
V.
in
company
are
168,
filed
report
a
total
with
number
337,474
shares
of
of
the
■
Dec.
15
by
Stock
■.
/
to
60,000.
////./'
■.
$2,000,000
new
expected
be
to
Diamond T Motor Car
9 Mos. End. Sept. 30—
cold
in
rolled
strip
mill
operation
actual
Earnings
charges__.,_
late
Net
1946
-tax
1948
$319,025
Gn
93,039
5,457,520
1948,
$1,065,595
$1,359,522
421,259
$225,986
In
$3.23
,
alter
charges and taxes for the
second
render
stock
with
directors
declared
the
terms
stock,
Haskins
and
to
as
adjustment
an
of
the
preferred
their opinion
required
the
1948, the
instructed
upon
,
opinion
of
dated
for
quarter
ended
be
1
July
at
Dec.
9
payable
shares of
40
•
•
23,
of
1947,
the
Net
Nov.
profit
into
891,821
891,821
891,821
$2.73
$2.31
$9.02
$6.22
167,
p.
after
per
taxes
common
and
charges
2684.
..
'/•
kwh.,
Co.
—
Enters
2323.
ended Dec.
17.6%;
or
.
the
over
inc.
15,
Capital
common
1947
to
the
$1,200.
Net
•
Earnings per
"-Includes
/
common
/
567,500
830,726
/
Co.—Earnings—
This
He
corporation
to
1
the
to
*1,395,633
gain
sale
on
of
167, p. 2685.
at
their
annual
the
company
said
its
Howard
bank
S.
loans
roll
a
square
of
square
foot
organization.
average
V.
the
meeting held
on
anticipated
no
under these loans.
corporation on Dec. 1,
foot.
This
and
Cullman,
compared
unpaid
Chairman,
Dec.
15.
820,249
373^594
worth
to
match
*
its
balance
told
assets;
was
ar¬
earnings
the
on
292,600
share.
common
in
■'
<•
Milwaukee,
<
....
1
$35,000,000
■
;
the Boston store
Manitowoc, Wis., and
operates up¬
surburban branch;
a
,
was
Net
retail
Profit
INCOME
Oct. 30, '48
sales
before
ACCOUNT
to
taxes
6,768,540
taxes
2,675,028
minority
in
Nov. 1, '47
$
$
Com.
121,214
100,535
428,996
285,804
3,348,144
12,275,834
10,011,624
131,632
136,648
532,172
546,604
Earnings
stock
receive
date.—V.
to
____
oustanding
per
*Average
to
pfd. stock
applicable
shares
72,609,789 330,977,625 291,265,360
5,641,357
21,648,850
17,491,258
2,192,678
8,944,020
7,193,830
3,972,298
on
common
/
Oct. 30, '48
in¬
subsidiaries
profit
Dividends
'
52 Weeks End.
Nov. 1, *47
$1
81,622,189
inc.
for Fed. inc.
com.
'
3,840,666
*2,364,326
share
number
of
-
3,211,496
2,359,284
$1.62
shares
last-in
first-out
except
Halliburton's
the
figures
p.
2,359,284
$4.98
during
the
1
9,465,020
*
period
$4.01
entitled
/
periods
168,
.
11,743,662
*2,374,438
$1.36
outstanding
dividends.
accordingly
on
net
of
by
was
that
(LIFO)
inventory basis was used
Brothers Dry Goods Co. and
acquired as of July 31,
Foley
1947,
store
are
included
only
from
and>
that
1144.
'
$4.21
J
Total
stock¬
in meeting subse¬
Cullman said the annual
■
Boston store.
Federated
;•■',</■•/."•*•'*.
main store
state stores in Oshkosh and
at West Allis.
NOTE—The
$4,174,832, an average of
with
$3,780,622, or $3.14 a
was
the
The Boston Store's annual volume is
estimated at between
and $40,000,000.
during these
Halliburton's.
was
$3.17 and the average renewal rate
167, p. 45. <■'/"
1947
period amounted to $4.98 per
.1
$2.15
company's
Dec. 29, 1947, when the
company emerged from re¬
He said that the square-foot rate of
the expiring leases
on
of
the
Balance
difficulty
Mr.
exchange of 292,600 shares of Federated
assets
acquisition of the Boston store, Federated's book net
approximated $77,000,000, Federated's sales for
the
52-week
ending Oct.
30,
1948 totaled $330,997,625. Earnings
in the*
terest
1
$3.66
reduced
$1,520,250.
an
net
exchanged for assets.
period
1947
373,594
quent payments due
$3.47
'
sufficient
Prior
$13,315,909 $10,293,810
taxes___
capital
Milwaukee,
7,500
shares
Net
share
a
in
store
i-,
Equitable Office Building Corp.—Reduces
Loans—
holders
Nov. 24 announced in part
for
Boston
Applic.
$1.46
^,,/•
..
;
representing
acquired the Boston Store
stockholders of Federated Department Stores with
2,354,013 common shares
outstanding at the close of last year are being
informed by letter that the 1947
earnings of the Boston store are more
Prov.
567,500
$1.72
-
1948
charges and Federal
13
statement
$
$5,517,049
■
■
30—
outstanding
$119,406
•
167.
•■,//
Period— .>
,
.•
"
Sept.
Dallas plant properties.—V.
$0.74
•//"■""
after
Common shares
1,037,235
$3.85
Ended
reconversion.—V,
13 Weeks End.
977,761
____
income
Dec.
4,439.189
Months
■
279,543
$1.66
$5.71'
/
announced that the present management and
officers of the
Boston store will remain unchanged. The officers are
Richard Herzfeld,
son of one of the
founders, President, and Richard E. Vogt, Secretary '
and Treasurer.
V
;
/' *
The Boston
store has been wholly owned
by the families of its,
founders, Carl Herzfeld, Nat Stone and Richard
Phillipson, only sur-,
viving member of the original partnership.-
r.-.'/.V
$7,560,213
>
—
1946
profits reached the highest level in the
company's history
year ended Oct. 31, 1948.
'
-.v.*.-
;
$463,029^
279,598
$3.01
plant
-
.
approximate $8,000,000. The transaction
ranged through James H. Becker of A. G. Becker & Co.
1948—9 Mos.—1947
567,500
' $0.58
$0.80
Cr96,096
$1,596,542
559,162
v
postwar
CONSOLIDATED
,u;'- :'
567,500
"for
reserve
-
328,919
//
sales
rent
during the fiscal
outstdg.
share_____
per
168, p. 1360.
Nine
Net
of
the
It
••.•■••
$2,313,489
Emsco Derrick & Equipment
dividend
8,000,000
'
$3,203,288
charges
—:/■;■ 455,754
1945
/
;■
_.
there¬
$7.00
on
to
v..^'
V-1948—3 Mos—1947
shares
Earnings
preferred
$3.12
stock
common
Field
hopes
Corp.—Weekly Input—/:
after
taxes
1946
/
Besides
Elco
$1,100
Empire Millwork Corp.—Earnings—
Period End. Sept. 30—
Net sales
agreement
Frank J.
$1,681,178
559,162
from
joint
a
of
/■,/
Amusement Game
■
/
changed
and plan of
Quigan, Inc.
of
!_
The transaction involves
$1.50
carry-back
9, 1948 the System input of subsidiaries; of
75,908,000 kwh., an increase of 11,410,000
corresponding week of last year.—V. 168,
.
.
the
___x_
shares^—
4
and
..
and
1,494,855
$5.23.
$1,865,063
;
:■;■ /
at
under one roof In that
State, according
by Richard Herzfeld, President of the Boston
Store, and Fred Lazarus, Jr., President of Federated.
Bowling Alley—
..
com¬
Merger—
1947
reserve-
This corporation on Dec.
to
announced
2429.
p.
:
.
Mallon, President,
follows:; <
1,494.855
$5.24
tlncludes
;
available
Wis., the largest retail business
f2,249,528
'
made
on
corporation
share______
per
1921..
p.
1946
this corporation amounted to
$110,000,000 $80,095,199 $54,783,188
share/__;
1947
1,494,855
the
manufacture
Federated Department Stores,
Inc.—Acquires Milwau¬
kee's Boston Store in Stock Transaction—
7,816,946
<
this
$1,746,380
of capital
The
Boat
168, p.
Net
stock
inc.
*Transfer
88,543,206
reserves,
additional
been
now
1948
profit
Earned
(
136,297,867
—_______
and
that
$17,162,777 $15,702,107 $15,345,359 $19,448,830
2,818,680
3,035,178
2,422.446
1,415,770
taxes
1,Q72,300
1,154,000
922,000
952,741
,200,000
reserve
No.
5, 548,192
Electric Power & Light
.
accountants,
common
*1948
H. N.
Sales
8,042,865
outstanding^.;—__
For the week
.
10,
___
'Estimated.
as
2,058,932
1948
have
and
/
charges____
Can.
&
Net
Preston L.
Sutphen, Vice-President and General Manager of the
Bayonne, New Jersey plant said that the alley will be called
"Elco-.
bowl," and while.it is but 18 feet long and 26 inches
wide, it is
designed so that players will obtain within 10%
of their big
lane
score
on
the new
game.-/
'
*
.•
"
said:
board
after
from
1948—9 Mos.--1947
891,821
share
per
income '.taxes
size
laboratories
•
'/'A-""/." '//■
sales
*Transfer
2,434,507
determination
any, the said stock
which
the second
convertible
Fiscal Years End. Oct. 31—
Earnings
shares
is
—v.
public
substantial
;
Sept.
Dec.
of
explains
168, p. 2225.
Fed.
\
Sept. 30—
;
company's announcement
Profit
$3.64
7,828,374
With Automatic
Industries, Inc.—Sales and Earnings
Higher-
Sales
$4.77
Corp.—Completes Ex¬
,
Mos. End. Sept. 30—
Net
$29,583,313 $26,197,151 $92,335,173 $72, 024,358
1948,
1948, Haskins and Sells stated that said
conversion price
should be reduced from $47.50 a
share of common
stock
to
$46 34
a
share
of
common
stock.
On
Dec.
6,
1948
the
directors accordingly adjusted said
conversion price, as of Dec. 1
1948,
to $46.34 a share of common
stock.—V. 168, p. 2118.
'
Dresser
,
'
Sept. 2
preference stock,
(par $1) was withdrawn
Federal-Mogul Corp,—Earnings—
9
500,465
145,708,318
credit.—V.
—v.
<
certificate
certified
price
on
dividend
each
i
extent, if
the
a
the
Sells,
what
of
would
company
dated
1947
500,465
With-
SEC
cumulative
shares
common
;
the
The date of the special meeting of the stockholders has
been
Jan. 13 from Dec. 20 to vote upon an
to
1, 822,076
JL__
4 '/a %
with
Wayne
—V.
1948
shares outstanding
Ended
of
■>
2,387,154
1948—3 Mos.—1947
shares
filed
7647)
Fedders-Quigan Corp.—To Vote
•
$35,743,156 $24, 404,048
"
Auto-Lite Co.—Earnings—
Electric
$3.18
company.
By
/
from
421,259
$0.54
„
to,all holders of second preferred stock
accordance
the
of
30—
taxes
25,000
(No.
$50), and 97,580
168, p. 2118.
consolidation with and into
volume
production
on
an
assembly line,
ingenious automatic alley may be sold for as low as
$1,342,102
421,259421,259
$2.53
.
of one share of common stock
held of record Dec. 1, 1948.
"
stock
Sept.
—
to
3,
$4.50
:
Steels, Inc., which
■' With,
was $335,754
Nov.
320.000
1
statement
Marion,
than
ended
notice
A
Ended
profit
It
$6,799,622
833,256
Dow Chemical Co.—Conversion Price
Reduced—
•
Nil
Statement
.
that a scaled-down
fully-automatic bowling alley is
being produced by this company's Elco
Division, and will be introduced
to the public this
January.
/ /•
>
^
•
and was equivalent to $0.80 per share.
For the
Sept. 30, 1947, the net profit after taxes and
charges
$518,073 and was equivalent to $1.23 per share. The net
profit for the quarter ended Sept. 30, 1946 was $264,241 and
equal to
$0.63 per share.—V. 168, p. 44.
<'•" ;• ':.///V
quarter
320,000
$1.37
.
1945
;Net sales were $29,301,419 for the nine months ended
Sept. 30,
comparing with $29,789,708 for the same nine months of 1947.
amounted
972,000
(
$1.32
plant and that it is the intention now to dispose of
Ind., properties which > will not be needed upon com-/
pletion of the consolidation. 4 Negotiations are now
pending for this
purpose.
■/■'
'■/ ■' ■
:/
,.v !•
"The
consolidation
of
manufacturing
at
Fort
Wayne
provides,
an
effective increase in manufacturing
capacity and major manufac¬
turing economies will be realized," Mr. Nicholas said.—V; 167, p. 2788.
t$l,439,764
320,000
sales
*After
February,
$2,192,777
outstdg.
Earnings per share_____
30,
t67,000
*$302,734
;
share__—_
per
Earnings
!
1947
;•
registration
areas
Fort
1946
Manufacturing Co. (& Subs.)—Earnings-
Months
Capital
Hamden,.
653,107
profit
B
Electric
./',/
in
in
$1,718,702
taxes
net
Stated
•
1947
$598,474
450,191'
900,372
.
the
'
1947
1948
$1,280,996
$1.42
of engineering and research
pany's complete administrative staff.
/
(& Subs.)—Earnings—
/
*
consolidation
and
168, p. 2323.
*Net
Co.—Earnings—
1948
,
Net profit
Capital shares
'The
first
ad¬
A.
ing
common share
__________
Nine
a
capacity of 60,000 tons per annum. Construction work is
completed and machinery is now being installed.
Warehousing
scheduled to begin next month.—V.
168, p. 2322.
Federal
$295,000
$438,780
earnings after taxes
Capital shares outstdg.
—V.
Offered—Blyth & Go., Inc.,
have
after
refund
on
Aircraft
2323,
p.
Farnsworth Television & Radio
1948
30—
j
Net
nearly
Profit
to
assume
Nicholas, President, on Dec. 13 announced that the company
has substantially completed the extensive consolidation
and expansion
program
at
the
Fort
Wayne,
Ind., < plantwhich' 'began
in
1947.
Building construction completed earlier was first utilized for the
$10,550,092 $15,491,204 $16,187,142
)
*
Not
(
*235,734
J2,411,764
Net
outstanding.—
Detroit Steel Corp.—New Plant Soon
Ready—
is
Sept.
Period End. Sept. 30—
sales
This
$19,685; Kidder, Peabody & Co., $19,678; Harriman Ripley
& Co., Inc., $19,631; Hornblower &
Weeks, $19,606; Goldman, Sachs &
Co., $19.55; Otis & Co., $19.475.—V. 168, p. 2429.
v
will
used
will
Ranger
share
Inventory
(jointly),
is
be
he
the
important engineering
Finance Corp.- -Registration
9.—V.
E.
::
profit after charges and
Eaton
received
which
will
Earnings per share________„/___
—V. 166, p. 1049.
//;.::
Exchange.
stock
Ended
Months
168,
which
with
in
1940
Corp.—Earnings—
pansion Program—
awarded
was
company's
proceeds
Class A and
by United Light & Railways for the stock were:
A. C. Allyn & Co., $19.7512;
Watling, Lerchen & Co., $19,736; The First
Boston Corp., $19.71; Coffin &
Burr, Inc., and Spencer Trask & Co,
The
The
Insurance
78,270 shares of capital stock
(par $20) put up for sale by United Light & Rys. Co. on
bid of $19,852 per share.
The issue was immediately
reoffered at $20.30 per share and oversubscribed.
Conn.,
Nine
-
Sales
Net
Newark,
position
a
associated
since
charges and Federal taxes___
outstanding_*_-_______________
and
covering
series A (par
Dec.
;:/> A: vA//
Easy Washing Machine Corp.—Earnings—
a
Other bids
The
'
wholly-owned subsidiary.—V. 167, p. 2684.
•
been
p. 544.
Family
V
V-'.'
managers.
Lackawanna
common
-//-■
taxes
a
Manager,
has
drawn—
Products, Inc., Utica, N. Y.—Files With
profit
now
Corp.—Subsidiary Elects
,
*$0.81
1946.
price
a
Stratos
after
per
—V.
190,781
$1.65
tlncome taxes of
subsidiary company, flncludes $162,843
sale of Eastern Stainless Steel Co. stock
by Industrial
is
1 A
York
held
Nickel Plate
2429.
p.
Detroit Edison Co.—Stock
on
New
shares
381,562
$1.66
*Loss.
■
acquired an additional 10,600 common
Chicago & St. Louis (Nickel Plate) RR.,
York,
381,562
$1.44
/:
Earnings per
November
New
' /
381,562
.<•'
Months
General
Newbold
shares
Earnings
168,
$592,071
397,000
$549,503
at
or
B\ Gordon, Fairchild Vice-President
ip Charge
elected Stratos Vice-President.
board appointed F. Eugene Newbold, Jr.,
capacities.—V.
income
Capital
1945
$1,032,071
sales
Income
•V.'A'/
Adds to Nickel Plate Holdings—
The
1946
•
dollar,
95.
Underwriter, James T.
off, in part or in full, out¬
working capital.
t
general
the
of
to
at
pay
meeting the
Falstaff Brewing
Net
333,000
Common shares outstanding,!..
will
r-
to
Myron
was
of
Mr.
ministrative
>
$882,503
-
Profit after Charges
,
on
year
..
Stillman, President of the
^
1947
•
Eastern Stainless Steel
Corp.
f
cents
The
post
1.
The
"Net
15
for
shares
offered
used
Quarter Ended Sept. 30—
Rock
.Y.
the
$0.78
per
N
and
same
89,170
$0.92
refunding mortgage bonds.
of.
15.
was
Payments
paid in 1947.—V.
as
of
Dec.
four
of
be
be
Engines division of Fairchild
The company on Dec.. 10 filed a letter of notification with the SEC
covering $295,000 15-year sinking fund first
mortgage bonds, to be
offered
at
par.
Underwriter, Mohawk Valley Investing Co., Inc.,
//// //
- •
7
*
..
N.
shares
89,170
to
the
Jan.
$69,827
the
Delaware, Lackawanna & Western RR.—New Member
of Board of Managers—
Paul
33,773
:•
Utica,
directors
of
operations,
At
40,000
Corp.—Earnings—
^
Eastern
board
Stratos
of
$82,178
____
SEC—
2429.
p.
'
■"W.
of
1947
$143,607
.
;
immediately.—V:
to
Corp. of Farmingdale, N. Y.*
wholly-owned subsidiary, cn Dec. 9 elected a new slate of officers.
Carlton Ward,
Jr., Fairchild Chairman of the board and formerly
President of Stratos, was elected to head the Stratos
board.
Lawrence B. Richardson, Fairchild
President, was elected President
-
charges—.-
.
office
the
rate
will
J.
51,000
,
share__^._______:^_'_^____j__-i____
.
Curtiss-Wright
Curtiss-Wright Airplane
was
at
share),
Proceeds
registration statement with the
first mortgage bonds (convertible
a
6%
a
.
the
$0.61
Wright
of
Wright Aeronautical Corp.
changes become effective
'The
;
quarter ended Sept. 30, 1948, net profit was
$232,522, equal
share.
This compares with a net
profit of $307,057, or
$0.80 per share, for the
corresponding quarter of. 1947.L-.Vi 168, p. 344.
Delaware Fund, Inc.—Special Year-End Dividend—
per
the
cn
1692.
p.
'_____
profit
For
to
director of Curtiss-Wright Corp. and senior
partner ./
banking firm of Shields & Co.," was elected Chairman7:,
a
Executive
.The
for-25
Curtiss-Wright
Chairman
•
companies
of the investment
168,
,:*Giving effect to the two-for-one split in May,
under
shares
per
Co.
The
2577.
after
Net
Corp., and former General Manager of the
Division, was elected President and Director of both Curtiss-Wright/
Corp. and its subsidiary, Wright Aeronautical
Corp., at meetings of
directors of the two companies on Dec. 13.
: *
;
Guy W. Vaughan, President of Curtiss-Wright Corp. since 1935 and,"
President of Wright Aeronautical •
Corp. since- 1930, and associated*;,
with
share
per
_
Capital shares outstdg.
Earnings per share_____
'/
been
cents
filed
14
5-year
Fairchild Engine & Airplane
New Officers—
amount
1943
;__4
Federal income taxes_—
•
;
some months, were announced on Dec.
14.
Jordan, Vice-Presdient and General Manager
C.
common
25
Dec.
on
$100,000
standing indebtedness and
Regular
preferred stock
$174,564
9 Mos. End. Sept. 30—
'
;
,
,
William
into
of
Dewitt
meeting Nov. 19., payable Dec. 15.
:
DWG Cigar
of the City of New York, 43
which has been designated by
Y.,
Curtiss-Wright Corp.—New President, etc.—
sideration for
covering
will
for
Cuba Co.
/
company
SEC
ex¬
41,386
income
Earnings per
•
payment of the amounts made available in 1944, 1945
August, 1948, having attached thereto the coupons payable Jan. 1,
and all subsequent coupons to Jan. 1, 1955).
Presentation of debentures for payment in the amount stated
may
made
is
programs
equal
directors'
1933,
Exchange
The
9
Canada—Registers With
sec—
Inventories
profit
profit
Capital shares
and
The
Erndale Mines Ltd., Toronto,
profit
prelerred
year
Net
be made only upon surrender for cancellation
having attached
thereto
the
coupons
payable
and all subsequent coupons to Jan. 1, 1955 (and, when
1949,
net
down
annum
debentures
1,
expansion
Depreciation
31,
.
of
Operating
payment
of
per
Dec.
of
pace
a
after
share.
common
Quarter Ended Sept. 30—
per
unpaid principal per debenture and interest
on" the unpaid principal from Sept. l to
1948, in the amount of $9.41 per debenture.
Payments of $31:60 per debenture made available* in 1944 and 1945
and of $783.02 per debenture made
available in August, 1948, remain
available and payable upon all
unstamped debentures.
;
Payment of the above amounts upon stamped and unstamped deben¬
at
the
per
Driver-Harris Co.—Earnings—
will
how
$950.39
reveals
$110,000,000—equal,
$7
dividends of 93% cents
throughout the year.—V.
paid
was
available
companies,
nature.
coming
quarterly
(The) Cuba Co.—Pays Off 6% Debenture Bonds—
mature
slow
limited
declared
was
i
,
to
our
of
than
more
(2541)
$2,375,000 which,
.
large
168, p. 1142.
of
sales
on
to slightly
Since the
stock
A
CHRONICLE
and
further capital expenditures will be of a
should decline rather than increase.
will probably not be one of continued
expansion,
our management
efforts will be directed toward
keeping current earn¬
ings in liquid form and building up a
satisfactory cash balance.
Sufficient funds were available
during 1948 to permit the resump¬
tion of common dividends.
Three dividends of
37Va cents per share
were paid on the common stock and a
fourth dividend of
and April 1, July 1 and Oct. 1, 40 cents each.
Chairman of the board, said in part; "The ability
to
company
$8,000,000
most
more
cents;
share is due in
about
dividends,
fol¬
as
FINANCIAL
$5,623,586,
per
of
the full amount of
unpaid dividends on the $1
capital- stock, in addition to a regular quarterly
cents per share, both payable Jan.
3
to holders of
80
&
Net profit for the fourth quarter was
approximately
added to the first nine months' total of
A
Nagle,
resume
Dec.
on
account
on
cumulative
COMMERCIAL
•
a
square
foot
—
Ferro Enamel
\
c
Corp.—Earnings—
(Including Wholly-Owned Subsidiaries)
Nine Months Ended
Sept.
Net .sales
Net profit
Capital
30—
after charges & Fed.
shares
tax.
outstanding_______^
1948
1947
1946
1
$21,735,392 $19,962,921 $12,837,4"*
993,282
873.046
316,320
Earnings per share_______——"
—V. 168, p. 2007.
?
533 0*v
316,320
$2.76
$3.14
;
316 3*/
$1.63
»■
10
(2542)
company
UNDERWRITERS—The
preferred
The
corporation
on
Dec.
15
opened it's 106th supermarket,
at
Elizabeth, N. J.
This was another step in the company's $4,000,000
Net
sales
*
—V.
Securities
Governors
the
of
Off 4.6%—
York
Corp.,
30,
12
,
operating revenue-;.-
rowed
,
See
13
Dec.
on
declared
(net)—.
1
44,573^
—
.1
,—
income
for Federal
l—i—1
Net
,
income
.
Net
1947, and $1.48 in Dec., 1946,,
With the $1.53 payment, the aggregate dividends paid or payable
this year are $1.83, of. which approximately 75 cents, ox 41% , is from
net income (excluding security profits) and the balance, $1.08, is from
long-term security profits. Distributions of' 10 cents each were made,on
April 1, July T and Oct. 1 this year.—V. 168, p. 2430.
1
:
.
with $1.50 paid on Dec. 24,
compares
income.....
DETAILS
Boise
....—____
tributor
Corp. first mfcke. and coll.
Water
trust bands,; series.
A, 3%%, due Nov-. 1, '1969 (sinking fund payment $19,-
.
1
President
,
,
distributor
of
bars,' seamless
mechanical ■ steel
tubing, '
tubing -and stainless steel tubing, .\It also is a*
aluminum
Ky.
.>
Period End.
4)80,' due Nov. 1, annually)£.—————1\ $1,253,000
Wilmington Suburban Water Co. first mtge. sinking-fund . ;
\
5% bonds, due Jan, 1, 1964 (sinking fund requirements,/
;
$4,000 annually)
—-U-—70,000
National Telephone Co. coll. trust bonds, series A, .4%/
:
:
;
sheets
and
bars
...
.
Hamilton Watch
•
,
finished
mechanical
Louisville,
PUBLIC
BY
Harry K. Hamilton, founder and
will tontinue as President,
company.
cold
of
welded
'. $356,904
—
FUNDED DEBT HELD
SUBSIDIARIES'
OF
Hamilton
Duquesne Steel specializes in the process'ng and distribution
fiat rolled carbon sheet and strip steel
Hamilton Steel is a dis-
of
subs, to public ($12,0561 and
minority interest ($8,596).^_._——_■—
______—20,652
17. This '
1
«'
Cleveland, O,—-Niw Control-—
Fort
stock divs. paid by
Preferred
finance
to help
of ,the company bearing his name,
$377,556
~~—-
the
of
155,424
...
-
proceeds
use
Lott.
385,461
taxes.
' '
•
of the value of
thari 5%
more
'
of the' notes
for 1948.-—V.168, p. >119.
to
proposes
The majority «tock control
of this company has been purchased;
by Fort Duquesne Steel Co., Pittsburgh, ■ Pa., according to Donald C.
President of the latter firm; who has been elected "Chairman
$918,441
deductions....
Provision
dividend of $1.53 per share on
a
stock, payable Dec. 24 to holders of record Dec.
common
States
Hamilton Steel Co.,
'
General American Investors Co., Inc.—$1.53 Dividend
The directors
the
one
year and aggregating not
borrower's outstdnding securities.
Gulf
its construction program
$873,868
v
—
require FPC authorization under Section 204(e) ,of the,
Act. This section exempts notes and drafts maturing
not
with'n
the
common
one
does
Federal, Power
"
income—
Income
on
approved for listing 104,874 additional shares of $2 par value
stock, which are issuable in payment of a stock dividend of
additional share for each five shares held of record Dec. 13, 1948,
also V. 168, p. 2430.
15
—
of up t«
be borr.
•Although the agreement with the bank calls for a total loan
before June 1, 1949, $4,593,610 Of the amount to
MONTHS ENDED".
.'"•
1948
agreement
$6,000,000
Ark.'-—- 4to0-,
Rock,
Little
loan
a
....
Net
Exchange
Curb
by each are¬
Operating expenses...
- 1,875,957
Provision for depreciation.—,
307,62.7
Additional Stock—
New
Commission has authorized company to issue /
notes, to mature within piX; months, as part !
with the Irving Trust Co. of .New York. City, v
Borrowings up until Dec. 31 will be at, an interest rate of 2%, withsubsequent borrowings at the theii existing prime rate for notes of
similar tenor.
*
!
*'
of
Power
in unsecured
$1,406,389
the
revenues—l--1;' $3,057,452
Other, income
of
Board
shares underwritten
of
»•
168, p. 2119.
The
Dec
of
several
CONSOLIDATED EARNINGS STATEMENT,
Net
(The) Garrett Corp.—Listing of
the
number
the
and
of
$1,406,389 Notes—
Federal
The
>
*
underwriters
names
SEPT.
1948—Month—1947
1948—11 Mos.—1947
$12,175,902 $12,744,167 $139,308,432 $129,308,000 t
——
To Issue
;
-
Operating
Gamble-Skogmo, Inc.—November Sales
their
exercise
Co.
<&
Southern
expansion program that has already seen 11 other units added'during
the year.
The latest unit is almost completely self-service.—V. 168,
p. 1901. '
■.
' '
*
,<■
Period End. Nov. 30—
Water
Sherrerd, Philadelphia
1,700',
Singer, Deane & Scribner, Pittsburgh.
500
Buckley Securities Corp.; Philadelphia-,.•—.
300 '
Hill, Crawford & Lanford, Inc., Little Hock, Ark.__i__._£rL. I'
250:
106th Super-Market—
Stores, Inc.—Opens
stock
follows:
as
Butcher
Suburban
appraistl and payment In cash;
Dec. 1, 1948.
,!
stock dividend paid
§ Includes
2323.
Food Fair
Wilmington
right, under Delaware law, of
has asked the ICC for permission to sell $2,060,000
equipment trust certificates, the proceeds to be used for the purchase
of ten new diesel electric locomotives, costing about $2,761,846.—V. 168,
p.
stockholders- of
the
Florida East Coast Ry.—Equipment Issue—
The
Monday^ December 20, 1948
THE COMMERCIAL & FINANCIAL CHRONICLE
;
for
Metals
Reynolds
CO.,
:
•
..
•
'
•
•
Co.—Earnings1948—3 MOs.—1947
Sept. 30-
1948—9 MOS —1947
.
Gross earnings————,
Selling,
;
administrative
exp._^
—
,
$892,276
$673,100
$2,691,165
$2,261,068
advertising and
463,070 '
Drl5.230
,
Other Inc. and exps. ( net )
1,376,612 '
1,115,017
Dr9,005
Drl 31,431
472,926
Crl4,326
.
directors have declared an extra dividend of 20 cents per share
The
Iowa-Illinois Telephtme Co.:
regular quarterly'dividend of 20 cents per share on the
stock,, both payable Dec. 30 to holders' of tecord Dec. '24.'
brings total dividends in 1948 to $1 per share,, compared with
and
the
-First
common
This,
cents
80
paid
in
The
o'per.
oper.
•
14, the directors declared a dividend of 60 cents per share:
capital stock, payable Dec; 2^ to holders Of record Dec. 17.
makes a total of $1.20 paid in 1948, compared with the same
,
of 30
Waterworks
General
Fed.
.
Railroad
Act,
'
cents
"Ry.
Corp.—Preferred Stock Offered.
of
Joint
/
71,626
-r.i."v. •'■'
of
Net
'
6,211
34,064
.
"$4,639
"$31,574
_
14,022
10,665
$72,562
128,377
1,977
2,036
20,098
(net
.
Dr)
.
-
income
"$20,638
"$44,275
1,864
2,171
"$18,773
"$42,104
315
311
income
from
.
Surplus
•
174,066 ■*,-
522,198.
289,043
053,000'
—
$1,264,434
119,394
202,503
$6.36
;
sheet of the company and its subsidiaries1,
shows current assets of $11,276,244 and current
$2,902,999.—V. 168, p. 1907.
:
•
,
first
The
108,520
meeting of creditors of the corporation which has been
bankrupt under ;a voluntary petitioned filted Nov. 29, will»
•
;
•
applicable
>
—
^—
9
"$75,911
2325.
.—.
,
Hartford Fire Insurance Co.—New Director of Affiliate
25,809
Sewell
4"$li4,5152,452
.
*
.
D.
Andrews,
Jr., Vice-President and director of Sales of the
Chemical piVision of General Mills, Inc., has been elected a director
of the 'Twiii City Fire Insurance Co., an affiliate of the Hartford Fire
Insurance Co. of Hartford, Conn.—V. 159, p. 8
i.' ——.—u.—
„
to
•
"$140,324
22,395
<
is to appoint a trustee and name a committee of'
according to Stewart Lynch, referee in bankruptcy.—V. 168,
''
'
meeting
creditors,
20,548
2,394
oper.
income
Deduct,
AND
$5,656,446 $16,336,569
896,642
2,639,632;,
balance
1948,
30,
of
adjudged
"$11,256
:
.
"$53,516
Gross
..
Three Mos, Nine Mos. ^
(William H.) Harman Corp^--Creditors Meet Dec. 28—
The
3,632
(netDr)
income—
rents
ry.
Sept.
liabilities
.......,■
..
V
,
1
consolidated
The
as
66,580
n.
(& Subs.)—Earnings—
————————
,
'
641
Non-operating income—
.
$1.10
V $433,533
Preferred dividends paid or declared—
t39,71i
Common dividends paid or declared—
—
r
■. 67,501
Earnings per common share_£—r—$2.19
..■
6,981
..•
■
—_
sales———
Net earnings
p.
BUSINESS—'Company was incorporated in Delaware
July 1, 1942, under the name of Arkansas Municipal Water Co.; name
changed to General Waterworks Corp. April 17, 1945.
The company was organized for the purpose of acquiring the water
properties of Arkansas Power & Light Co.
Since the. acquisition of
the
Arkansas
properties, company has , considerably
expanded
its
activities
by- the acquisition of controlling interests in additional
companies operating water properties.
•
/
Company, in January, 1946; acquired a 50% interest in the common
stock
of
consumers
"Water
Co.,
operating
the
water
distribution
system in Coral Gables, Pla,, and a substantial minority interest In
$15.20
$1.77
be held at Wilmington, Del., Dec. 28.
rents
fac.
6,228 "
~v
,
$215,119
$151,669
>.v: •
64,720 :
' 62,280'
.'.v
in&ur.
.
1938
oper.
Equip,
5.10% cumulative preferred
Dec. 2 at par and dividend
by Butcher & Sherrerd; Singer, Deane & Scribner; Buck¬
ley Securities Corp.; Hill Crawford & Lanford and
Southern Securities Corp.
'"J 8 , ,
v
r
v
Railroad-Un-
employment
Act
6,472
"
Taxing
——7,483 f
1937
Federal
.
—An issue of 3,000 shares of
stock (par $100) was offered
HISTORY
"$14,732
valorem and misc.
Ad
•
each had been paid up to and
Action, on the. Sept. 30, 1948 payment had
been deferred.—V. 168, p. 1693.
Quarterly distributions
Including Junp 30, 1948.
^
Net rev. from ry. oper.
•..;•;•
::•
\
,
$22.62
$0,24
$0.56 t
Earnings before depreciation and income taxesDepreciation -i.——-——;
Federal and State taxes on income-:.———"-—'.
*
$2,105,536
1,953,867
$2,360,971
2,145,852
Railway tax accruals—
the
.
234,837
$9,957
expenses
60-Cent Dividend
On Dec.
amount in 1947.
$3.68
$7.16
share—
,
743.
Period Ended Sept. 30,1948—^
Net
.
1948—10 Mos.—1947
$188,617
203,349
$244,794
revenue-
Railway
This
168, p.
Hammcrmill Paper Co.
>
,
i■
1948—Month—1947
Period End. Oct. 31—
Railway
6.5%, over the corresponding week of last year.—V. 168, p. 2430.
on
.;
1:184,000
1
(Incl. Statesboro Northern Ry.)
electric
General Reinsurance Corp.—To Pay;
1,
—V.
$128,501
pfd. share—,
Earns, per com.
221,500
244,400
_
Georgia & Florida RR.—Earnings—
Corp.—Weekly Output—
output of this corporation for the week ended Dec.10, 1948 amounted to 164,359,440 kwh., an increase of 9,977,452 kwh.,.
or
bonds, dye April
per
.
_____
484,000
$530,620
86,000
$249,976
income-
Earns,
series C,.
income bonds,
516,000
$789,548
164,000
"
.'-V''
■
; ;
'
5 Ms %
lien
Net
1961..1—
Langlgde Telephone Co. first mtge. bonds, series B,,4%.%,
due Oct. 15, 1960 (sinking fund payments,
$1,000, due
semi-annually on Feb. 15 and Aug. 15)
—v. 168, p. 2324.
Aaron
S.
Saphier, President, said that billings this year' will be",
approximately 20% ahead of 1947 and bookings were up about -50%,
This year's volume of business will reach a peacetime high, he said.-
General Public Utilities
and coll.
mtge.
due Oct. 1, 1949.—.^
Filrst mtge. coll. lien 4%
•
.
1947.
—V. 168, p. 1798.
State and Fed. inc. taxes
; due Dec. 1, 1971.(sinking fund D«c. 1, 1949, and annually
,
; , . ,
thereafter 2% of bonds outstanding)_———1,500,000
Extra Dividend—
General Bronze Corp.—Declares
,■
'
interest
.
amounts
p.
The
and
there
holders
of
are
now
owned
and
operated
21
to
its
the
telephone subsidiaries
$1,468,000.
.v
United
States
class
Dec.
t
an
B
1947
$2,600,147
-
$2,305,578
1947,
$4
stock,
payable
of
Distributions
18.
dividend, of
annual
common
each
$3
Profit after
r
Consolidated
Earnings "per
Canadian
31
to
made
.
.
taxes
on
—V.
share-,
1948
Effective
2,271,756
.
Income-
663,842
:
1,925,433
757,341
The telephone subsidiaries of the company furnish telephone
66 communities haying a population of 163,699, according
j
and serving 28,379 subscribers.
census,
„
$1,408,114
'
$3.51
,
of
"■?
/
..:'/*
'
>
000
of
|
-
(CO.
AND
SUBS.),
GIVING
EFFECT
Subsidiary Cos. Funded Debt—
Water
Corp
Authorized
0 *
Co.—___
Preferred
Common
stocks
—
preferred
stock
.
(
750,000
"
(par $1)
•Unlimited except by terms of various
shs.
shs,
shs.
shs.
,
115,950 shs.
3,000 shs;,
None
§411,324 shs.
proposed merger of Wilmington Suburban Water Co. Is con¬
a maximum of
summated, there will be issued in connection therewith
of
additional 5 %
preferred-stock, assuming that none of
,
•
1946
-
5,431,450
5,262,942
2,050,300
2,008,600. ■' 2,406,100
6,134,252
$3,381,150
L
1,196.284
$2.83
$3,254,342
1,196,284
$3,728,152
-• 598,142
"
1948
.
£-
the nine months were
progressive reduction
1947*
"$593,791
$540,848
in excess of those billed
11%
/
.
in the
„
T
semi-annual
since the '.beginning of
the year.
payments,
amounting to $200,000,
the company long-term notes during the year.
on
have
■
Two
been
,,
,
par
$12.50
.
At a meeting of the directors held on Oct. 26, the regular dividend
oh: the series B preferred stock was declared payable Dec. f to stock-.,
holders
Nov.
of
record
shares
Nov.
was
15
and
a
dividend of
declared payable Dec.
26.
$1
a
share
on
the new
1Q to stqckholders of recprd
'1
•'
CONSOLIDATED BALANCE SHEET, SEPT,
$6.23
$2.72
30,
1948
:
•
'
ASSETS—Cash, $1,004,950; U. S. Govt, obligations, $1,007,644; notes'
accounts receivable (after reserve of $171,528), $2,507,552; inven¬
lower'of cost or market), $4,333,895; mortgage notes receiv¬
tories (at
Tex.—Rights, Etc.—
the
,
be
made
Jan.
of
record Dec.
right to subscribe on
or before Deo. 20 for one new share for each
12 shares held.
The directors of the
company also voted
additional compensation
to
all
officers
and
employees of 3 %>
of the amounts received as
salaries during - the three calendar
years
1946-48.
A total of 257
persons shared in this distribution on Dec. 10.—V. 168, p. 2325.
4
were
given the
.
Gulf States Utilities
The,
Co.—Registers With SEC—
on .Dec.
9 filed a registration statement with the
$15,000,000 20-year debentures
and a
maximum
of;
280,000 shares of,corpmon stock (no par). The names, of the under¬
SEC
company
covering
writers
will
be determined
able,
$14,023;
in> affiliated
ance,
postwar
refund,
companies,
Canadian
$36,446;
(est.),
cash .surrender
$44,013;
value
of
Investments
life insur¬
$40,357; property, plant and equipment (after reserve for depre¬
ciation
of
$2,709,696),
$3,766,801;
goodwill
And
patents,
$1;
prepaid
insurance, taxes, etc., $145,731; total, $12,901,412.
LIABILITIES—Accounts
payable, $703,252; accrued taxes, pay rolls
commissions, $755,662; profit-sharing plan and trust agreement,
Federal and Canadian taxes on income (est ), .'$831,653;
long-term notes payable
(maturing in
semi-annual amounts from
and
14.
indentures under which.issued.-
.
shares
1947
on
Dec. 4 approved a proposal to increase the
-company" by $100,000, making the increased capital
stock $1,300,000. par $10 per share.
"
"
The new. stock will be sold at $27.50 a share, according to T. R.
Mansfield, President, who also announced an increase in the regular
quarterly dividend from 30c to 35c a share with the next payment
of
Stockholders
tCompany 'has received permission of the Arkansas P. S. Commission
issue and sell $600,000 additional collateral t rust bonds; aeries I A,
3y2%, and is presently negotiating their sale In a private transaction.
If such bonds are sold their prooeeds will first be applied to payment
of outstanding bank loans.
"
'
tlf the
Subs.)—Earnings, etc.—
*
vote of the stockholders at a special meeting held on Sept. 14,
value of the common stock was reduced from $25 a share
a share, to he exchanged on the basis of 2-fOr-l of the old
shares.
Such .exchange is currently taking plade and, as noted in
the balance sheet, the common capital, account is now represented by
120,000 shares having a par value of $12.50 a share.
to
stockholders
capital
to
•
to
718
(&
Sept. 30—
By
,
^
484,280
5,591
25,000
6,000
19,000
1,000,000
paid
;
,
$69,430,391 $63,708,228 $62,448,651
.
■
i
*
stock
—
——
Gulf Insurance Co., Dallas,
,
-
$1,141,726
provision for all charges, an estimated -contribution of $225,profit-sharing plan and trust agreement, und the addilton
to reserve fqr abnormal plant costs.
*
-v
additional
169, p. 2008.
The
*
'
15,544,000
467,000
$1,275,746
J—
and
j
•
-
;•
Unclassified
Common
•
-
stocks.:
Company Capital Stock—
Pfd, stock, cum. (par $100):
5% preferred stocky
5.10%
*
-
,
Collateral
"
—V.
70,000
64,008
•
—*
Company Funded Debt—
trust bends, series A, 312%,
due May-1, 1971__
Notes payable (short-term)
Subsidiary Cos., Capital Stock—
■
465.900
$100,000
—
—
1,775,753
634,027.^
1,784,770
509,024
—
the
to
common
$1,253,000
1,500,000
"
Co
Wilmington Suburban Water
Langlade Telephone Co
taxes
income
;
Capital shares outstanding-^
Earnings per share-
Outstanding
*.
;■■
1948
-
after charges
Net
:—.
National Telephone Co.
Iowa Illinois Telephone
r
;
'
TO
FINANCING
Boise
?
—
Profit
1947
$392,009
$467,176
—
31
OCT.
$150,000
shown
Proceeds will be used for working capital, etc.—
Ended Oct. 31—
Sales
CAPITAL,
-The company continues in strong current position, inventories having
(Including Domestic and Canadian Subsidiaries) 7
Months'
Nine
—
corresponding period:a year ago.
Sons, Inc., Alientown, Pa.—Files
■
.
WORKING
earnings-^—-—
"After
(H. L.) Green Co., Inc^—Earnings—
the
OF
Heywood-Wakefield Co.
the
Income
CAPITALIZATION
V--,
STATEMENT
Nine Months Ended
Net
/
pv546,
r
<.
167, p. 154.
.
The company on Dec.. 8 filed a letter of notification with the SEC
1,200 shares of eommon stock, to be offered at $36: per share'
without underwriting.
V. 168,.
Nil
■
liabilities-,—
^
/
+
preferred "A" stock.—V.. 167, p. 2225.
Grammes &
.:■
and
Sales for
will be applied by the company in reduc¬
presently outstanding bank loans.
its
'''.'•'
"$279,116
333,000,
$2.9i
•
cumulative
(L. F.)
PURPOSE—The proceeds
tion
,.v;'
government securities
assess
.t
service
to
Nil
-V.
$1,168 092,
.-1,
,
;
.
333,000
$0.30
Current
;
5%
having a population, according to the 1940 census, of 185,006, and
serving approximately 62,000 customers, through an aggregate of 770
1940
333,000
$0.49
Dec.
With SEC—
to
"$68,306
333,000
1948
for
•
62,590
$102,123
Current
$9^81,369
15, 1948, Lawyers Trust Co., New York, N. Y., has
been appointed transfer agent of the 5,127,410 shares of comuion stock;
72,299 shares of 5% convertible preferred stock and 1,343 shares of
and Its subsidiaries operate water distribution systems,
Arkansas, Delaware. Idaho, Illinois, Indiana, Missouri,
Jersey, Pennsylvania and Tennessee, furnishing water service for
residential, commercial and industrial purposes to 35 communities
,
99,351
$162,097
Cash
1947
$11,383,663
:
168, p. 743; V. 167, P. 2686.
♦279,116
taxes.—
profit
■•"Loss.
Graham-Paige Motors Corp.—Transfer Agent—
,
1945
$561,911
'68,306
"
_
taxes.--
on
1946
$344,457
1947
$1,264,130
164,713
Capital shares outstdg—
Earnings per share
share
per
Decs.
1948
$1,723,761
261,448
Subs.)—Earnings—
—
profit
pet
common
New
miles of main.
charges—
—i——-
Net
:
^
were
and 1946.—V. 162, p. 878.
profit before income
and
The company
in the States of
.
Hayes Industries, Inc.—EarningsQuarter End. Oct. 31—
Net sales
Working capital
..
.
record
Consolidated met
the securities of and advances
Sept. 30, 1948, was approximately;
of
as
,
of
declared
value
Gotham Hosiery Co., Inc. (&
in
company
have
par
'
-
Federal income
9 Months Ended Sept. 30—
sales
January, 1947, the company acquired all of the common stock
of Langlade-Telephone Co.. also certain subordinated notes and all of
the common stock of Iowa-Illinois Telephone Co.
...
of
1948
$57,806
Net
In
investment
no
"
COMPARATIVE
Minnesota and 17 exchanges in North Dakota.
The
"
Ja,h. 1 to Nov. 30
•
.
issue.on Dec. 31,
this
in
exchanges
2431.
directors
the.
on
.
1947
\
1947
$72,800
"$116,967
"$55,910
'
-
.
Godcliaux Sugars, Inc.^-To -Pay $4 Dividend—
preferred and common stocks of wnrningtnn.
have been acquired from time to time and presently a majority of such
stocks are owned by the company.
: \
Meeting of stockholders of the company and of Wilmington Suburban
Water Co. were called for Dec. 17, 19,48, to act upon an agreement
of
merger
between
General
Waterworks
Corp.
and
Wilmington
Suburban -Water Co. continuing General Waterworks Corp,
About the middle of 1946,
the company acquired the controlling.
Interest in National Telephone Co., a Delaware corporation, which, in
turn, caused to be incorporated two telephone operating subsidiaries,
North Dakota Telephone Co. and Minnesota Telephone Co., for the
purpose of acquiring telephone properties in those respective States.
The
acquisition program of these companies
was
completed
late
in
'
1948
revenues
—V,
Wilmington, Del.
Additional
'
.
168,
"$42,415
'
9 Days End. Nov. 30
Operating
preferred and common stocks of Wilmington Suburban Water Co.,
operating "a water distribution system in the territory immediately
of
■'
Period—
the
north
"$19,089
"Deficit.-
through competitive bidding. Proceeds wi'.l
be used
for general
corporate
purposes;
including the pavment" of
proc-Anf-.
tQ,000,000 and the financing of, a portion
of its 1949 construction
cpsts.
„
.'
$225,000;
March
r
1949,
through March 20, 1957), $1,700,000; reserves for,
$1,000,000; reserves for abnormal plant costs, $350,000;
series B first preferred stock,
5%, cumulative (par value $25 per
share),
$3,487,000;
common
stock (par value $12.50 per
share),
$1,500,000;
capital surplus,
$1,145,137;
earned surplus,
$1,203,709;
tptal, $12,901,412.-r-V. 168, p, 1145.
20,
contingencies,
.
*
Hibbard, Spencer & Barlett & Co.—Secondary Offer¬
ing—A, G. Becker & Co, on Dec. {> made a secondary
distribution of 2,000 shares of common stock (par $25)
at $51 per share, with a concession of $2 to dealers/
—V. 167, p. 154.
-
•
-
'
^
Volume 168
Hickok
i
Number 4761"
will
open
Jan.
1
14,
announced
that
the
The
building,
obtained
remodeled
The
basis, has been entirely
new
1948.
as
168,
.V'.
and
Dec. .1-3
on
payable
This
Jan,
is
payment
,
declared
21,
1949
derived
a
to
stockholders
exclusively
.
E.
dividend
from
of
the
of
12
record
interest
Counsel
'
•
quarterly
Dec.
and
Crabb,
President
and
made
were
and
of
29,
31,
Jan.
final of
a
ship¬
net
assets
committee
of
the
proceedings
sheet
Service
V.
as
shows
(A.) Hollander
&
Sou, Inc.—Earnings— .'
Nine
Months
Profit
after
Pederal
Net
30—
'
1947
\
outstanding.—
share___;—
per
„
$692,664
$1.47-.
-
been
—$2.79 ~
-
E.
Howard
Stores
Corp.—November Sales—
11 Mos#
of
T.
Rosswell
has
been
succeeding William J.,Egan,
October, 1948.
E.
Pee'.le,
elected
1948,
has
and
been
Chairman
.
O.
Frank
P.
Iowa
Omaha
Power
Co.,
Electric
Com¬
P.
Crawford
elected
the
board,
Sons
Chairman
and
from
go
the
franchise
a
common
since
and
SEC
stock.
last
Oct.
approval.
The
The
cost
2,
to
O.
will
Omaha
Public
since
owner
P.
receive
completion
since
April,
Executive
1948,
has
director since
a
to
Ix
&
Corp.
P.
D.
has
It
District.
O.
own
P.
P.
the
earnings
the
of
purchase.—V.
from
Vice-President.-
Sons
Ix
On
Dec.
shares
8,
of
share.
letter of notification
a
outside
167,
from
Iowa
Roth
&
Co.,
New
(par
J.
are
York.
2008.
p.
The
was
increased
without
its
to
authorized
shares
690
stock,
of
according
capital
wi 1
for
The
has
company
equipment
trust
asked
ICC
certificates,
for
series
authority
BB.—V.
to
168,
"
issue
The
20
directors
cents
holders
8
declared
regular
a
Central
Dr.
dividend
on
the common stock, payable Feb.
1,
1949 to
Jan, 10,
1949. This compares with
18
cents
per
paid each quarter.—V. 168, p. 2325.
On
.!• Quarters
sales
Costs
1948
expenses—-
and
and
opeiating
——;
844,047
—„
5,467
Miscellaneous
168,
a
sell
its
kind
at
stock
bid¬
to
'■*
''
"**, '
Dec.
on
filed
furnace
coke
and
filed
was
plant.
of
covering 400,000 shares ($10
with
will
1,090
head
price, at
a
of
group
tl>e. time
offering
in
at
SEC
for
$23
to
4,300
income
Common
—
shares
■"Earnings
per
"Before
$152,831
.
•
.
outstanding—
share
common
Federal
167,000
income
167,000
$0.81
$0.75
——
taxes.
The
'CONSOLIDATED
ASSETS—Cash
.
securities,
in
BALANCE
banks
$25,000;
and
special
SHEET, SEPT. 30,
hand,
on
deposits,
$291,143;
$10,696;
U.
Government
V.
inc(;
gas sales (less reserve for doubtful
accounts), $401,825; in¬
ventories, $896,371; prepaid insurance, $9,422; accrued interest receiv¬
able, $166; oven relining expense deferred, $29,907;
other deferred
charges, $20,617; cost of work in progress not allocated, $352,481;
land, buildings and eouipmenl (less reserve for
depreciation of $3,-
$1,848,567;
total,
'
,1 -
payable,
$187,982;
dividends,
,v
cumulative
$1,155; accrued
on
preferred and common stock declared but unclaimed,
liabilities, incl. Federal income taxes payable
over
the year
1948,
$145,908; ■ customers'
deposits including interest refundable
only
on
discontinuance of service, $102,469; customers' advances for construc¬
tion, $3,120; 1st mortgage 4% sinking fund bonds, $495,000; reserve
for explosion damage, claims,
$5,882; cumulative preferred stock (au¬
thorized
and
The First Boston Corp.
selling
the .stock
York
at
Stock
about
the
earned
surplus,
$351,215;
total, $3,886,195.—V.
168,
*
Indiana
Gas
Forgan & Co.
stock
mon
r
Water
&
creditors.
(par $10) at $14.75
Associated
in
the
offering
Rollins
Beane;
E.
Pacific
Co-,
&
Wagenseller &
Co.;
H.
of
The shares
Other
Co.
Durst;
received
Bateman,
William R.
Weeden &
Dec.
the
at
Eichler
6
on
fixtures
Pierce,
&
Co.;
&
per
income
.i
the stock for sale.—V.
168,
2432.
p.
'
'.
F.
MacDonnelf, President,
At
Sept.
30,
mon
stock
of
mately
Cash
1948,
this
$9.94
and
of
the
less
and
on
net
Oct. 22, said:
on
asset
value
the
of
489,973
outstanding was
calculated as follows:
of
shares
$4,870,150,
Other
Based
in
domestic
on
securities
on
fair
values
or
Other
Defietred
at
Sept. 30,
foreign
at
1,988,447
1943,
as
quotations-
512
determined by
in
and
advances
to
affiliates
2,586,993
154,270
13,817
—
above
statement
of
—
$4,870,150
net
asset value is not presented as a
of values realizable on liquidation,
particularly in view
neavy investment of the corporation in mining ventures and
in securities of Canadian
companies not listed on the New York Stock
Exchange or New York Curb Exchange.
The corporation's business is
primarily the search for and development and
financing of mineral
properties, and funds of the corporation not
currently required for
these purposes are plabcd from time to
time principally in securities
representation
-of
the
mining, oil and related industries.
to
common
market when
stock
and
if
the
on
in
the
New
York
Stock
Exchange
judgment of the directors
interests of the corporation to do
so.—V. 168, pp.
International
John
of
This
Mr.
p.
H.
Paper
Hinman,
office
13,
1948.
Cullen
as
has
It
President,
been
was
on
vacant
created
President
and
or
'
:
and
168, p.
it
is
to
Dec.
14
the
best
1146 and 152.
since
in
Mr.
2120.
that
the
office
$3.01
death
when
Cullen
of
Mr.
became
R.
J.
Hinman
Cullen
-
on
succeeded
Chairman.—V.
168,
Aron also
basis
into
an
there
expressed
is
all
which
the
the
new
Creation
to
for
condition
of
provision in the
Service Commission,
Long Island Lighting has
of
1948
accounts
receivable,
$421,474;
unbilled
costs
and
fees
life
on
of
an
officer, $17,163; notes receivable due sub¬
$32,000; property and equipment (after re¬
$180,815), $95,440; land and building not used
(less reserve for
depreciation of $735), $40,021; expendi¬
June
30,
1949,
of
under
fixed-price
payable,
payroll
con¬
$535,615;
deductions, $98,696; accrued payroll, $422,281;
taxes/other'than., taxes on income, $114,220; miscellaneous
liabilities, $44,674; preferred dividends
moriificat'on costs
prov'sion
common
on
for
non-cumulative
aircraft delivered
Federal
preferred
stock
payable,
and
(par value
$1
under
State
stock
(par
taxes
a
ac¬
ac¬
reserve
completed contract,
on
value
$7,956;
income,
$100
$1,252,721;
share)
per
$530,-
per
on
/The
Edison
common
stock
common
the
merger
is
the
U.
S.
be
The
its
approved
District
by
the
Court,
and
i
■
V'.
,
with
the
exchange
to
thp
and
Daniel
the
Consolidated
Edison
of
is
Consolidated
offer.-or
whereby
any
in
of
any
proceedings
dissenting
168,
its
the
Conn.—Bor¬
number
preferred
of
been
in
and
the
dated
April
/
Dec,
each
$112
1,
of
15.
to
holders
Dec.
on
15
Diefenbach
of
because
Chairman,
.
thereby.
for
aggregated
shares
pur¬
15,
share
as
of
of
7%
to
April
stock
plan
been
of
the
endorsed
7$
in
Manhattan
blank,
preferred
was
l.
1948.
and
to
exchange four shares of
$1.25
convertible
preferred,
1948,; was amended to
common
.The
shares had
Bank
the
the
shares
.
new
Dec.
1898.
tubes,
various
outstanding
of
as
The company offered last
April
preierred and four shares of
June
'1948,
9,
withdrawn
was
for
represented
on
since
X-ray
13,200 shares of preferred stock had
a
percentage which the directors conr
insufficient to warrant
declaring the exchange effective!
was
cash
business
tubes,for
Co.—Withdraws Offer—
stock
Upon surrender of deposit
receipts to the
Co., 40 Wall St., New York, N.
Y., duly
•depositary agent will deliver certificates
in
in
manufacturing
power
undeposited shares, Elmer G.
,
of
deposited
eluded
tubes
Shovel
-
£4-%
have
principally
radar
2009.
p.
cumulative
About
been
predecessors
engaged
Company's offer of. exchange
announced.,
.
upon
The
replace
extended
become
deposited.—V. 168,
Marshall Field &
a
dividend
offer, which was
the cash payment
to
Sept.
effective
30,
and
and
$8
arrears
to
expire
with two
again
automatically when
2433.
p.
5%,
new
preferred
which
until
10,000
,
offer
totally
stockholders
1948—3 Mos.—1947
is
mis¬
before
Co.—Earnings—
Period End. Sept. 30—
;
Consolidated
Edison
Edison's offer.
Moreover,
the
Springdale,
stock¬
idea
.
securities
and
is
produces
stockholders,
nn^mn^
support
7%
of
$25
at
merged
also
Marion Power
Service
the
it
poses.—V.
hearing.
stock
of
company
company
but
15-year 3%
taken.
onsit'on
that
Laboratories, Inc.,
$900,000
rows
Privately—The company, it was announced
Dec. 10 has borrowed
$900,000 from The Mutual Life In¬
surance Co. of New York
on a 41/4%
mortgage note due
in 1961.
Proceeds of the loan will be
used in part to
finance purchase of new
equipment.
Authority
$
sales
Net
income
Net
inc.
Net
inc.
—V.
168,
$
1948—9 Mos.—1947
$
49.545,625
Net
per
per
p.
46,265,183
150,298.875
$ *
142,022,443
after
taxes
2,562.813
2,206,194
7,257,336
pfd.
share
17.09
7,011,026
14.71
48.38
46.74
com.
share
1.24
1.05
3.49
3.36
648.
the
of
redress."
Aron added that the suggestion for the
creation of an authority
does not preclude the committee
taking the entire matter to the court
of last resort.
30,
on
depreciation
operation
The
may
case
the
voluntary
no
Mr.
JUNE
bank
and <cash on
hand, $2,228,837;
cost), $4,599,812; notes receivable (cur¬
share), $226,897; premiums paid
capital stock (net of
discounts), $413,972; earned surplus, $2,389,152; total, $9,150,719.—V.
166, p. 2211.
a
Consolidated
supported
a
in
(at
contracts, $358,740; inventories (less prog¬
inventories, title to which has passed to the United
amounting to $3,811,115), $1,068,398; cash surrender
value
insurance
400;
1044.
—
leading. No provision is made for action
by the stockholders of Long
Island Lighting, of which there has
not been a
meeting in four years,
although the approval of the stockholders of
is
$15,000;
$384,625;
Long Island Light, Heat and
readjusting the affairs of this com¬
of
means
said:/'To state
of
SHEET,
deposits
cost-plus-a-fixed-fee
6%
$2.40
holders
the
2,772,578
50,4(39,798
crued
728.100
committee to oppose acquisition and
Long Island Light, Heat & Power
Authority.
-upon
705,799
36,939,108
1947"
Blumenthal, of the law firm of Maurice H.
Blumenthal, on behalf of certain individual common
Mr.
5,320,014
36,946,114
crued
$2,002,829
828,100
W.
he
274
6,000,000
Govt.
Maehlett
1948
$2,747,906
the consummation of the
acquisition of the Long Island Lighting
System by Consolidated Edison Co. under the terms
proposed."
that
$1.45
3,097,000
LIABILITIES—Due U. S. Navy under a
completed
(paid July 23, 1948).
$2,699,511; trade accounts
power
W.
None
Nil
334
,
tract
At
the
hearing, Harold G. Aron, co-counsel with .Warren & McGroddy of 39 Broadway,, New York, N. Y., for the
committee, declared
that the common stockholders
committee, representing over one-fourth
of
the
common
stock, of Long. Island. Lighting Co., or more than
2,000 individual
stockholders, would resist "by1 all means within their
Public
discontinued.
the
1943
announced
Co.
if,
SEC,
Daniel
355
None
30_
lease agreement,
$160,737; prepaid expenses,
charges, insurance deposits, etc., $103
537;
patents, patent
applications and trade
marks, $9,562; total, $9,150,719.
machinery,
$65,000 in
$113,794 in
and
$2.24
831
6.828,649
in
and
—
share—
for
to
34,849
32,130
$7.23
90,872,077
of
within
—
taxes————..
outstanding—.
Island companies, when and
Public, Service Commission, "the
court
33,615
32,053
Jurte 30—
sequent
wages.
Long
appellate
S.
payments
States Navy
'■
$117,000 in
the hearing held Dec. 9
by the New York Public
for the committee announced after the
exchange
in
5.814y»
June 30—,
for
counsel
share,
5,376
rent!,
recognition of the common stockholders'
equity
will be sought by the common stockholders committee
convertible
other open
Co.—Chairmanship Discontinued
Chairman of the corporation had been
Nov,
costs
'
buy the Long Island Lighting System for
$28,000,000 of
announced
r
corporation did not acquire any of its shares of stock
during the
months ended Sept. 30,
1948, but it intends to purchase shares
its
of
104,672
5 355
on
ress
obtaining
company,
result
226,177
under
V
a
226,387
on
in
"
as
187,407
226,897
BALANCE
pay
Governor Dewey will be asked to
approve such an authority, similar
to that created in 1935 for
the upstate utilities
serving Albany, N. Y.,
and environs and known as the
Albany Light, Heat & Power Authority.
This was the committee's answer
to Consolidated Edison Co.'s offer
a
—i—
.
Total
The
in
Lighting
debentures,
mining ventures and developments
charges
———-—-
NOTE—The
of
to
claims
<
1948—
exchanges—!_
over-the-counter
Sept. 30,
a
any
three
arrangement
unsecured
include
"226,134
U. S. Government securities
V
Federal Court through
an
administration
'
assets
540,870
Corp.—Earnings—
shares
common
-
Commission,
$126,111
•
having
values
Investments
.
of
general
30—
charges
common
Authority
the
as
1
directors:
of
$8,249
Island
and
pany
com-
approxi-
or
payables and less provisions for taxes
Advances:
quoted market
Securites
•4
the
of
Legislation looking to the creation of
^
Based
r
and
per
Long
Power
corporation
share,
per
receiv.
Investments
,
petition,
"After preferred dividends.—V.
.
>/
U.
employees'
payment
610,826
1,675,327
June
on
recoverable
deferred
in
of
$20,667,848
"491,134
"Loss.
J.—^Offers
claims,
after
Bought—
<
the
were:
International Mining Corp.—Net Asset Value—
G.
pet'tion
'(Qdfi
$6,562,001
835,870
stockholders
and
1Qd.fi
1947
bonds
and
Corp. put up
•
full
payment
instalments.
fifept.
Years Ended
Number
share,
N.
and
"Earnings
sale
Newark,
approval
full
Liquid Carbonic
>
of
Annual Report-
1948
$20,704,996 $11,172 427
2,730,328
ASSETS—Demand
claims
Co.;:
&
Raffensperger Hughes
$13,959
of
offers
and
five
and
management
—5.304
needs.—
'*
stock.
com¬
Fenner
Lester
future
>'
tools;
$64,882
in
accounts
receivable
Liabilities include $125,880 in unsecured
Net
bid
in
year
the
Backlog
presently
retain the
'*'
According to
Sold—Glore,
Co.
a
for
Cash
'
'•
secured
Lynch,
Staats Co.;
Co.,
a
for
$2.49
outstanding.
the
30
Bank loans
petition, giving assets of $576,669 and liabilities of
the'' company was unable to pay obligations as
they
said
due.
The ; company
share.
per
Merrill
were
Sons;
awarded
were
bids
&
California;
Stock
—
:
■„
Number
•
Blyth & Co., Inc., '$13.91;
Co., $13,649; Central Republic Co. Inc., $13,546; Goldman, Sarins
L. F. Rothschild & Co.
(jointly), $13.40. The Middle West
Otis &
&
Co., Inc.
The
$372,935,
filed
14
Frank,
L-———$3,75
Preferred divs. paid
Earns, per com. share...
serve
Dec.
on
James
priority claims,
the sale of 43,853 shares of
announce
agreement
/
Leather
3,451,420
shares
common
1_
tures
President,
one
-
this
is.
Sole
This" company
come
1146.
p.
under
of
but^ will
agreement,
p. 2326. "
V, **
v-
Lindenoid
.its
23,400 no par shares), $1,170,000; common stock
shares of 50c par)
end capital surplus, $1,423,464;
167,000
credit
of
—
June
on
Exchange.
of $7,500,000
part
or
1947
$22,016,900
5,253,335
taxes
share
common
1,400,000
1948
$29,730,911
1
and
Common shares outstdg.
on
June 30
:
Preferred shrs. outstdg.«
Plan—
-
issued
(issued
all
prepay
a
bank
charges
Earnings before taxes—
Earnings after taxes—*
' :
'
Lakeside Laboratories, Inc.—Stock Offered—Loewi &
Co., Milwaukee, recently offered 1,000 shares of common
stock (par $1) at $6.50
per share. Proceeds will increase
working capital—V. 168, p. 2326.
$3,886,195.
LIABILITIES—Accounts
168,
'fV
•
receivable
unbilled
955,669),
to
outstanding notes under
$10,000,000 line of credit
1948
S.
acounts
plans
company
per
on
portion
Sales
-
The company plans to use
$783,750 of the proceeds to retire the
of its
4%
purchase money mortgage bonds.
An
additional
$2,604,000 will be paid on the balance of a blast furnace and coke
plant which the company has purchased.
The balance of the pro¬
ceeds
will
help
pay,, for
the
company's
expansion
program
and
will be applied to the reduction of
indebtedness.
!
;'
$143,203
after
Years Ended Jmie 30-
balance
"Net
Dir.
Co.—Earnings—
'
——
McDonnell Aircraft Corp.
share
per
selling stock¬
i
the New
on
Philadelphia—New
cash
registration statement with the SEC
underwriters
the
of
Co.,
position; (2) developing new manufacturing facilities and main¬
taining and modernizing existing plants,
and
(3)'
fortifying
and
strengthening the company's raw material status."—V. 168, p. 1695.
the
Proceeds go
common stock.
par i
were:
the company and its stockholders will be
served by keeping an
eye
the future.
This policy is reflected as follows:
(1) holding a strong
to
.
offered
be
'
a
interest
2%s
as
policy of plowing a substan¬
earnings back into the business.
Mr. Malarkey
"While we felt justified in declaring an extra dividend
of 37'/?
cents per share as of Nov,
1, 1948, in addition to the regular dividend
of 25 cents a share for the
quarter, we believe that the best interests
tial
Fontana plant, will provide
of 876,000 net tons from both
_
15
net
a
a
to Herbert
Malarkey,
President,
board of directors has
adopted the prudent
a
$17,000,000 expansion pro¬
work, which is set for com¬
stock
3d
99.4943,
above.
According
T.
Plant—
.
notification
Corp.
Insurance
McCahan,
earnings
"Based
be-
York—Filing With SEC—
of
certificates
2433.
p.
Investment
Years Ended July 31—
sales
Koppers Co., Inc.—Registers With SEC—
5,947
112
t
The company
22,253
deductions
letter
a
common
of
the
.
the
at
bid
a
for
Halsey, Stuart & Co. inc., 99.169.
$363,000 annually from May 1,
1949
M and M Wood Working
Net
"
1151.
p.
proceeds
on
said:
i..
jV
Public
Institute
"Earnings
competitive
the
2008.
p.
blast
new
pig iron capacity
,
676,142
70,105
—
of
second
166,
13
of
u.
(,
$848,644
Interest
Depreciation
i)
1947
$1,072,562'
revenue-:
to
bonds,
(par $10), to
through Lee Higginson Corp., New York.
holder.—V. 167, p. 47.
'
Subs.)—Earnings—
Ended Sept. 30—
Production
Dec;
shares
•A
Indiana Gas & Chemical Corp. (&
furnace,
includes
Keritc Co., New
of
the
accounting."—
member of the board of trustees for both the
for Property and Liability
Underwriters, Inc. and
the American College of Life
Underwriters,, has been elected a/ director
of this- company
and of the Philadelphia National Insurance Co.—..
V. 165, p. 1317. "
' '
,•
amendment
an
David
American
Increased—
quarterly
record
share previously
purposes.—V.
ultimate potential
an
share
per
of
Dec.
on
1949,
furnaces.—V.
Illinois Terminal RR. Co.—Dividend Rate
,
The
2325.
p.
authority
mortgage
Co.—Expansion at Fontana
pletion late in
of
SEC
first
company last week began work on
at its Fontana steel plant.
The
gram
$6,400,000
asked
30-year
construction
Kaiser
Illinois Central
RR.—Equipment Issue—
The
has
$3,500,000
used
utility
99.224;
mature
1963/—V/ 168,
1,
14
received
Hutzler,
-
without
common
to
Dec.
Other bids
&
Lumbermen's
Increased, Etc.—
maximum
value
par
preferred
awarded
was
Bros.
certificates
See
Virginia, Inc., of Charlottesville, Va., of which
President, has changed its name to Frank Ix &
$500,000
just filed
company
ding
$100),
W.
under
even
public
.
848.
p.
Jersey Central Power & Light Co.—To Sell Bonds—
file'd with the SEC for 4,000
to be offered at about $7>/8 per
Sparks & Co.; Parrish & Co.; B. H.
Proceeds go to selling stockholder.—V. 168,
stock
common
Underwriters
value
to
Los Angeles Biltmore Hotel Co., Los
Angeles, Calif.—
Proposed New Name—
of
is
and
and
its
V
book
as
RR.—Equipment Trusts Offered—Harri-
Net
Filing With SEC--
that
Commission
•
2.826%.
May
The
charter
with the Virginia Corporation Commission
by
Sidney G. Edwards, 20 Exchange Place, New York
5, N. Y. (New York
"Journal of Commerce.")
.•
.
pointing out
Service
took
D.
property
Western
issue
of
The
to
Power
the
cannot
Sons Corp.—Stock
&
shares
550
mandates
1904.
p.
Belumon
them.
trustee
The
D.
to
F.
Value
par
Compton,
Ix
Public
according to maturity.
•
$50,000
franchise
a
get
been
30
Alexander
..
Vice-President
J.
of
President
as
,
Executive'
President,
elected
who resigned
in
March,
the
and
without
sale
the
has
bonds
are
to
1
property.
last. Sept.
Hudson & Manhattan RR.—New Chairman & President
been
operating
Power
June
(Frank)
Henry
Western
by
brief
a
the
man Ripley & Co. and Lehman
Brothers on Dec. 15 of¬
fered $5,445,000 2%% equipment trust
certificates, series
K (final instalment) at
prices to yield from 1.50% to 3%
Iowa
•
.
2119.
p.
William
for
accepted
Western
.
Month
$3,146,320 $27,564,418
168,
$3,430,000
-
for
.
Nebraska.
The
Period Ended Nov. 30, 1948—
Sales
of
been
$3,350,000
been
to
C.
the
11
"
for
by- Iowa
given
over
offer
has
is
Proceeds
O.'
Co.—Offer
.•
has
•
Needed
248,483
-
Bluffs,
offer
utility
$366,700
248,483
Light
Inc.'
The
168, p. 2325.
—V.
company's
mittee,
417,700
&
Accepted—'J'
Council
$1,110,364
209,400
Power
Power
!
1948
$576,100
—
taxes____^._j_„____,J____^i._-__
shares
Earnings
—V.
Sept.
profit
Capital
"
"
The
Ended
charges—
income
Iowa
v\'t. '
(Including Wholly-Owned Subsidiaries)
preparing
before
substantial
a
Commission's
168,
Long Island
[
are
no, provision
balance
34
the
board, reported
of-Dec. 9,
1948
were
$126,163,000, with shares
currently owned by more than 67,000 shareholders.—V. 168, p. 1903.
that
the
for the common stockholders of the Long Island
Lighting Company
receiving
anything
for
their
present
holdings.
VThis," said Mr. Aron, "is clearly confiscatory, and so far as I
know is
without precedent in the case of a
company which is not only not
bankrupt but is showing earnings on its common stock and whose
dividend
follows:
as
Sept.
Chairman
for
effect
makes
cents
.....
During the current year, distributions
April 21 arid July 21, 12 cents each;
cent/. Earl
2325.
p.
1
21,
the
receiving
ping.—V.
share,
per
(2543)
"
J.
directors
income.
renovated
110,000
feet
square
lease
a
on
part of a company expansion program now in
prog¬
square feet of floor space, brings to about 500,000
total, space now being used for
company operations."
plant's two floors are to be utilized for
Its
ress.,
The
•
•
and
CHRONICLE
Investors Mutual, Inc.—12-Cent Distribution—
company
receiving and shipping plant at Rochester, N. Y., on
plant is number 22 in the Hickok organization, now num¬
2,500 employees, and one of six operating in Rochester.
bering
•
,
FINANCIAL
*
Dec.
on
new
a
The
1.
COMMERCIAL '&
Manufacturing Co., Inc.—To Open New Plant
Ray Hickock, President,
;
THE
■
Mead,
Becker
Johnson
&
Ca.
on
?d.000 shares of
The issue
was
&
Dec.
Co.—Secondary
8
common
made
Offering—A.
G.
a
secondary offering of
stock.(nar $1) at $16 per share.
oversubscribed.—V. 168, p. 1045.
:
' •
r
,
u.rti
kc* ,V
>,vo
j »;' •
,
'
'
«•
%
i
—
s
A.
Albert L,
Voit,
President,
Entwistle
Entwistle
Mr,
Division
have
been
\ 1
•
exercised
Other
in the Plywood
three years by Mr.
, 5,
for
the
past
Total
operating
pending selection of a divisional manager.
selling and production operations of the Division have here¬
tofore been directed by Walter R. Jones and I. Horine, respectively,
both of whom have resigned as directors and Vice-Presidents of the
company
but it is expected they will remain with the company in
other
Other
revenues
Depletion,
Federal
Entwistle has been with
has served
of
some
p.
company
$2,915,768
626,334
734,922
3,259,716
3,650,690
amortization
&
taxes
—
__
:
:
.
6,984,287
Assistant
as
the
the
Operating
income
Merck & Co., Inc.—Secondary
Total
Other
filed
8
on
Net
"
*
•
i'
West
directors
of
Kentucky
for
share,
Dec.
each
issued and
Utilities
two
Sept.
National
168, p. 2434.
$3,190,135
$0.69
debt
12 months
the
for
cated
' $0184
■■
to
Dec.
On
declared
directors
the
10,
from
with
be
the
by
the
fund
to
borrowings
ing to the
to
property when installed. Subsequently,
procedure
and
within limits soecifically
than
made
the
right
long-term
or
the
to
$10 par value per
Middle West Corp.
stock,
stock of
common
capital
of
Jan.
stockholders of record
to
1949,
15,
Dec.
to
amount, in
an
Chicago—Current Sales Up 16%—
National Tea Co.,
number
The
.
to
1947
stores
of
at
664
Dec.
4,
of
excess
agreement.
The
Dec. 4,'48
Nov. 29,'47
18,916,489 248,902,282 196,193,448
for
replace such temporary financing,
the net proceeds therefrom to
Fund.
to
'•
$2,500,000.
funds
<•
,
for
necessary
net
v
.
(excluding
proceeds
interest)
accrued
are
to
be received
from
estimated at $4,972,500 after allowance
proceeds $2,500,000 will
immediately be applied to the payment of outstanding promissory
notes in that amount issued by the company under the Loan Agreement
and the balance of $2,472,500 will be repaid to the Plant Replacement
708 at Nov. 29,
operation decreased from
in
amounts
construction
the sale of the series A notes
Nov. 29,'47
4,'48
21,949,753
Sales
this
48 Weeks Ended
—4 Weeks Ended—
Dec.
the
Replacement
additional
provide
the
of
'
.
of
portion
a
the temporary financing
program
a
loan agreement dated Oct. 15, 1947
was
entered. into
with
the First National Bank,
Boston.
At the
present time $3,000,000 has been borrowed and is outstanding under
To
1948.—V. 168,
31,
1801.
p.
instituted of borrowing
was
banks
issues,
debt
Plant
,
practice
a
from
temporarily such net additions to plant.
Such
under specific orders of the Department reserv¬
company
equity
restored
retired
and ^equipment
plant
property,
of
Department,
finance
are
by
such
a
rather
plant
to
later
.
able
$6,454,975
At
Sept. 30, 1948, $2,392,655 had been borrowed from the Plant
Replacement Fund for temporary financing of the construction pro¬
gram.
This sum has now been increased by subsequent borrowings
cents per share will be designated as a "capital gain dividend"
pursuant to the provisions of the Internal Revenue Code.
This brings total payments this year to $2.10 per share, compared
with $2.14 in 1947.
<\ '
" ' •
;; •'!
'The directors also declared a dividend of 15 cents per share,'pay¬
99.4
liquidating distribution of one
a
extensive construction pro¬
will be required for the
had been spent
an
of
Department
replacement
pursuant
authorized
issued in July 1948.
special dividend of $1.50 per
a
in
which
of
net additions
replaced
be
the
to
however,
Corp.—Special Dividend of $1.50—
Shares
Co.,
1948.
30,
that
to the'extent of-the cost-of
ended Sept.
share, payable Dec. 24 to. stockholders of record Dec. 17, 1948.
Of
this distribution, the company stated, it is, expected that approximately
Commission,
on Jan.
27, 1949, to stockholders of record Dec. 28, 1948.
The resignation of William C. Freeman as President and director
of The Middle West Corp. was accepted by the board.
Martin Lindsay
resigned as Chairman of the board of the corporation and was elected
President.—V.
"$2;820,280
—_
a
.
&
$15,600,000
that
program,
Massachusetts
required
necessary
Subject to the consent of the Securities and
this distribution will be mailed to stockholders
Exchange
:.
long-term
on
30, 1948 includes interest on $13,500,000 debentures
168, p. 1257.
Dividend—
Liquidating
Pay
Co.
shares
outstanding.
share
per
—V.
•
..
authorized
15
446,022
letter of
a
Corp.—To
on
___1C
———1.__
to
this
op
Ripley
engaged
is
estimated
of
13
Dec.
Harriman
Public Utilities for many years
be financed by short-term
equity securities or long-term
debt hased upon capitalizable net additions,
Prior to 1944 the com¬
pany
used only bank loans for this purpose.
In that year a fund
known as Plant
Replacement Fund was established for the purpose
of
segregating cash available out of income due to provision for
depreciation.
The funds so segregated were by this procedure dedi¬
14,533
,
444,328
NOTE—Interest
New President Elected—
share
to
The
has
,_
117,662
income
Equivalent
equipment and provide additional working capital,
Middle
77,446
long-term debt
on
interest
Minori^intefest.
notification with the SEC
for 19,000 shares
cumulative preferred stock (par $12.50) and
19,000 shares of common (par $1).
The shares are to be offered in
units of one share each at $13.50 per unit.
Underwriter, The Ohio
Co.
Proceeds will be used to retire bank loans, purchase additional
Dec.
of 6%
company
income
-
Interest
Offering—Morgan Stan¬
Merry Mites, Inc., Columbus, O.—Files With SEC—
The
is
borrowing
ley & Co. and Drexel & Co. on Dec. 9 made a secondary
offering of 12,000'shares of common stock (par $1)'at
"$57% per share. Dealer's discount, $1.25 per share. The
issue was oversubscribed.—V. 168, p. 1584.
:
,
income
Other
168,
-
The
It
gram.
completion
prior
and has been the Manager
the
to
important operations of the Plywood Division.—V.
\
...
awarded
PURPOSE—Company
.•
1904.
of
case.
bid of 100.10.
Qtljer ,-bids
Inc., 101.837; Coffin &
Burr, Inc., and F. S. Moseley & Co., 101.633; Kidder, Peabody & Co.,
101.41; and Whiting, Weeks & Stubbs, 101.105267, all for 31/aS.
The
First Boston Corp. offered a price of 101.65 for a 3'%% coupon.
973,432
$2,633,382
depreciation
income
taxes
each
in
issue/was
included
.,The
8,217,846
2,257,396
2,141,932
2,090,531
—
.
the
sinking
received
for 13 years, during which
President
1,503,332
9,021,792
9,775,082
1,854,003
868,138
2,017,962
_^_i_
Operating expenses
Gas
purchased
capacities.
Mr.
.interest
470,985
$27,673,691 $25,581,192
-
Maintenance
The
he
662,989
of November in each year upon like notice through
sinking fund at the sinking fund redemption prices,
fund redemption price being 100.52; plus accrued
day
of
initial
the
.
responsibilities
Voit
first
operation
1947
$27,010,702 $25,110,207
operating revenues
the
on
1948
Sept. 30—
sales
Gas
'
•
executive
the
assumes
which
14
director of the
a
as
charge of its Plywood Division.
12 Months Ended
announced the election of
company and Vice-Prfesident in
Dec,
on
(& Subs.)—Earnings—
National Fuel Gas Co.
Mengel Co., Louisville, Ky.—New Vice-President— 1
Alvin
Monday, December 20, 1948
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2544)
12
1948.
estimated
expenses
$32,500.
at
such
Of
"
Mississippi Power Co.—Plans Issue of Bonds—
The
asked
for
SEC
the
inc.
Net
Net
income
Time for Sale—
Receivers
have
their attempts to
obtained
sell
They now have until April
the
that
Although
:
the
have
ceivers
the
of
Commission's
335-mile
order
line
that
stated
dispose
andr the
property,
abandonment.—V.
168,
not
The
The
has
operated
consented
2010.
since
1946,
Chairman,
been
formed
the
committee
bonds
these
is
and
to
Stifel
G.
Arnold
act
to
adjustment bonds due 1967. it
of
for
St. Louis,
holders
of
of
the
announced on Dec. 14.
study of all information
was
make
a
Mo.,
the
of
York, N. Y.,
and
O.
Secretary
and
5%
the
The
committee
amount
ment
be
of
so
committee
Statler
The purpose
pertinent to
I.
James
are:
the
that
seeks
and
in
Miami,
Bush
of
it
owns
arrearages
is
of
1947.
surplus plant in Chicago,
war
Kleinfc
G.
Chicago
regional
of $800,000 and will pay the
at the rate of 4%
a year, in
starting Dec. 15, 1950, the day
plant.
50
acres
801,191
of
land, a manufacturing build¬
feet, and several smaller
square
'
will
'
•
move
its operations
.,»
,«■
•
.
'
from
*
'
Co. below—V.
Peoples Gas Light & Coke
See
of
arrears
$5,000,083
of
as
June
in
30,
on
1948.—V.
the
168,
bonds
of
$13,555,864
has called for redemption on Jan. 1, next, $24,000
3%
notes at 100 and interest.
Payment will be
at the office of the corporation, State Road and Rhawn Street,
corporation
sinking
of
made
fund
Philadelphia,
was
Pa.
'
-
:
New
Munsingwear, Inc. (& Subs.)—Earnings—
System—Dividend
Electric
England
Net
sales
Net
profit
—
after
"Earnings
per
and
Rate
Re¬
taxes
share_
common
on
shares
298,600
common
stock
outstanding.—V.
;
167,
Montana-Dakota Utilities Co.—To Sell Bonds Privately
company, it was announced Dec. 6, is seeking Federal Power
Commission authorization to issue an
aggregate $4,000,000 first mort¬
The
company
proposes
to
in
$750,000
issue
2%%
with
bonds
would
The
due
the
sale
be
added
to
company
program,
company
"buyers.—V.
168,
2V2
and
3.10%
between
would
be
1949
1256,
-
sell
the
its
in
bonds
electric
directly
to
utility
the
will
Bruen
has
,
con¬
institutional
in
Kenosha,
an
Assistant
Treasurer.
He
Wis.,
years at
and will continue in that capacity,
supervising the activities of that department for the Nash Motors Di¬
vision at Kenosha as well as the
company's new automobile plant at
El
Segundo,
Calif.—V.
168,
p.
1696.
water
it
is
reported that company plans the sale of $4,320,000 equipment
certificates, series E, maturing serially in l to 15 vears.—V 168
2327.
p.
National
Distillers
Products Corp.
earnings
tEarns.
per
♦After
all
tBased on the
1948—3 Mos.—1947
1948—9 Mos.—1947
$15,653,758
$23,100,712
share
$0.56
$0.49
$1.96
$2.90
including
provision for Federal income taxes.
shares of stock outstanding.—V. 168, p. 2327.
on Dec. 14 declared a dividend
of 24 cents per share
cash, representing net income from dividends, which will be charged
to the income surplus account;
share,
year
cash
has
which
and
is
which
been
stockholders
of
and a "special distribution" of 46 cents
derived from net security profits realized during
will be paid in stock unless the option to receive
exercised.
record
Both
Dec.
payments
will
be
made
Dec.
24
to
14.
Including the payment of 17 cents made on July 21, dividends this
year will amount to 87 cents per share, as against 68 cents in 1947.—
V. 168, p. 2227.
'
'
•
and
that
cash requirements
additional common
dividend
of
payments
during
this
policy which
period is of
preliminary figures for the first 11 months of 1948
consolidated
earnings of
New
England Electric
the
System
the
goes
the
at
plus
$1.10 per share.
much improved
into the winter freeze-up with better than aver¬
longer
trend,
in
in
Gas
Co.
of
former
affiliate,
ended
communities
Of the total sales
Sept.
I
having
Massachusetts,
southeastern
30,
of the company for the 12 months
derived from sales of electricity and
revenues
79%
1948,
were
from sales of gas.
Operating
-
.
"/
\
EARNINGS
OF
Calendar Years:
—
«—
Sept. 30, '48
1947
$7,375,638
$6,558,370
1,956,070
1,683,024
revenues:
Electric
Gas
an
population
of
222,000.
Company also is
distribution and direct sale of gas in
and sells gas only in 1 other nearby com¬
________________
1946
$5,780,232
1,435,113
1945
$5,438,058
1,324,666
revenues-
$9,331,703
$8,241,395
$7,215,345
$6,762,724
Operating expenses
Power purchased-,——
5,531,330
4,769,637
3,617,624
3,216,220
2,127
65,448
623,6G6
498,294
464,309
419~419
643,360
711,753
788,236
857,127;
776,344
oper.
Maintenance
retirem'ts
for
Prov.
01
property, plant & eqp._
for
Prov.
Other
920,723
;
i
ir*'
Operating
712,739
other
taxes
income—.
than
676,686
\
,
11!
80,135
66,877
43,601
$1,690,635
83,144
$1,408,005
$1,612,431
$1,773,389
117,490
116,709
127,403
$1,607,490
income
$1,737,659
35,729
$1,288,515
$1,495,722
$1,645,985
$1,339,128 3 $L568,830
$1,610,500
income—m..'
——
v
Total
continue to
steady increases.
income
Federal
income
403,302
333,955
395,126
$1,204,188
$954,550
$1,100,595
taxes
income—.
Net
——
UNDERWRITER—Halsey,
capital
into
stock
New
both
of
England
merger
Power
companies is
Co.
held
by
of Eastern Massachusetts
All of the outstanding
the New England Electric
System.
In connection with, the acquisition of Eastern Massachusetts facili¬
ties, New England Power will issue 83,242 shares ($20 par) common
stock,, aggregating $1,664,840, to New England Electric System in
exchange for the present outstanding capital stock of Eastern Massa¬
Following the merger, New England Power will own ail the operating
assets and have all the liabilities of the two corporations.
facilities and
—V. 168, p. 2434,
New Jersey
we
.v
Quarters End. Sept. 30-
profit
the
week
16,069,692
ended
Dec.
10,
this Association reports electric output
This is a decrease of 298,650 kwh., or
kwh.
1.82% below
production of 16,368,342 kwh. for the corresponding week a year ago.
Gas output for the Dec.
10 week is reported at 201,393,000 cu. ft.
This is a decrease of 30,696,000 cu. ft., or 13.23% below production of
232,089,000
cu.
ft.
for
corresponding
the
2434.
week
•
.
a
year
ago.—V.
168,
——
1945
1S48
1947
$1,851,681
$1,309,194
I 98,832
$1,614,367
1946
163,125
income
oper.
Gen.
and
War
emerg.
admin.
U,
$3,650,487
-.
exps._
150,294
$2,001,975
$1,434,520
700,018
403,292
$1,515,535
125,326
$3,813,612
Other
Operating
Inc.
457,252
400,111
"
expenses—
>
95,670
268,247
from
Bedford Gas & Edison Light
Co.—Notes Offered
1973 at
100 V2
and interest.
at
the
1948;
due
office
pf
Nov.
income
Total
Res.
for
contingencies.-
for
addtl.
salaries
127,487
1,
State
$1,598,683
$709,022
(358,917
370,926
306,858
\ 24,936
22,095
$1,982,535
$1,102,042
250,000
250,000
$991,099
353,603
23,553
,
$1,368,255
75,000
wages
(est.)
210,000
Prov. for inc. taxes (est.)
per
share
on
Divs.
paid
third
per
quarter
share
t
t
t
$2,185,447
Earns,
$1,732,535
$1,102,042
$1,083,255
$1.12
$0.88
$0.56
$0.56
$0.50
$0.50
$0.50
$0.50
985,005
1,-
960,000 shs. ($25 par)
1973.
Interest payable on May 1
Street .Trust Co. trustee, Boston.
Notes
will be redeemable
prior to maturity at option of company,
as
a
whole or in part,
on
the first day of any month upon 30
days' published notice at the general redemption prices, the initial
general redemption price being 103.50; notes will also be redeemable
Nov.- 1,
Nov.
__
$3,113,594
$3,420,452
income
investments.)
Proceeds from pats., etc. j
Res.
•
—Halsey, Stuart & Co. Inc. as sole underwriter, on Dec.
15 offered $5,000,000 25-year 3%
notes, series A, due
Dated
•
Zinc Co. (& Subs.)—Earnings-
England Gas & Electric Association—Output—
New
and
558,976
Co.—Merger Approved—
authorized the
15
Dec.
on
Co.
'
$1,087,008
Stuart & Co. Inc.—V. 168, p. 2327.
New England Power
The FPC
Electric
♦Operating
shall have added to our electric generating
capacity 220,000 kilowatts of new high pressure steam equipment,
capable of producing a kwh. hour of electricity for about three-fourths
of
a
pound of coal as compared with the present system average
of about 1V2 pounds of coal per kwh."—V. 168, p. 1484.
of 1951
deductions.
other
in
■
"After
costs, taxes (except income taxes in 1948), depreciation and
depletion, and other operating expenses.
tDeducted in 1947, 1946 and
1945 from operating profit.—V. 168, p. 2228,
-.
t
Mil
merged
was
the business
in
production,
the
these
munity.
in
located
year-round
in
principally
engaged
communities
41
engaged
6
is
chusetts.
the company's earnings
side,
"By the end
New
The directors
the
Marion
1944
was
and
gas
of generation,
transmission, distribution and sale of electricity either directly or
through its associate companies, Cape & Vineyard Electric Co., Ply¬
mouth
County Electric Co., and Provincetown Light & Power Co.,
and
National Investors Corp.—Year-End Dividends—
per
likelihood
however, we can look forward to- improvement in
earnings through new plant efficiency and
from increased volume
from domestic and commercial sales which continue to show healthy
p.
in
that
the
On
of
$3,841,513
7,977,771
the
have to be
adversely affected by pressure for higher wages and by the con- •
tinued high cost of materials. Wage rates are now 44% higher than
when the war ended in 1945 while fuel prices have increased 66%.
(& Wholly-Owned
$4,517,583
charges
of
Non-recurring losses
________
com.
as
may
amounts of water in storage.
For
Period End. Sept. 30—
well
System and subsidiaries for the full year will be about
Water
conditions since mid-November, however, are
Subs.)—Earnings—
"Net
conditions,
indicate
and
Nashville Chattanooga & St. Louis
RR.—Equip. Issuetrust
estimated future earnings
of
as
System
stability
"Looking
.uS Nash
presented the Treasurer's office for the past four
the
plant
result, of reduced
dividend at this, time is the
be
appointed
In
sale
company.
company
Net
study
the
ensure
and
348.
been
the
primary importance to the success of common stock financing."
In regard to current earnings, Mr. Moore said:
"Duo to continued high costs of labor and materials as well as low
age
J.
the
The
.
annual dividend during this interim period. Adherence to a
Nash-Kelvinator Corp.—New Official Named—
Arthur
dividend of 20 cents per share
1949 to holders of record Dec.
sold prior to the time benefits
construction program are fully realized has led to the con¬
that it would be unwise to attempt to maintain the full dollar
of
clusion
$1,000,000
first ?mortgage -31/8%
company's general funds and used to
the
to
proposes
1951.
and
of
construction
of
used
the
of
for expenditures made
the application added.
pp.
bonds
company for redemption of $1,600,000 first
between 1949 and
1953
and for prepayment
due
notes
from
reimburse
struction
the
of
the
of
bonds
$1,400,000 2%
Proceeds
sale
the
funds
general
^%
of
r,
,
"Further
shares
»
from
a
3,
which the System
faces during the period of extensive and unprecedented construction
activities on which we are embarked. The necessity for reappraisal
of the System's dividend policy was forecast at the time of the last
for
bonds
J J1 each. of the Vears l949 through 1953; $2,250,000 in
s. ue serially in each °f the years 1954 through 1968; and
$1,000,000, 3Vs% bonds due in 1972.
Proceeds
payable Jan.
dividend payment.
The
bonds.
title.
present
Co.
Light
and
earnings and a reappraisal of the financial situation
2362.
gage
stock,
Previously, the company made quarterly distributions of 25
share on this-issue.
...
-v*'
Commenting, on the above action, Irwin L, Moore, President, states:
cents per
$1.10
$1.96
—
of
declared
directors
the
9,
common
.."Reduction
"Based
p.
the
20, ;1948.
L— $17,086,588 $13,670,904
JJL&w.'*
• 586,688
3^7;649
i
—
charges
Dec.
On
on
1947
1948
manufacture
Total
■
duced—Offering of Additional Common Shares Likely—
„.ti,9 Months Ended Sept. 30—
the
12 Mos. End.
2327.
p.
par).
Gas
SUMM4RY
Nesbitt, Inc., Phila.—Partial Redemption—
(John J.)
represents a substantial
"forward-looking program by manage¬
can
be cleared and current interest can
•"
interest
($25
>
$500,000
5,000,000
265,767 shs.
5,000,000
265,767 shs.
BUSINESS—Company
&
Bedford
New
and
Outstanding
$3,759,000
1973
;
organized on April 4, 1850
beginning
in
1852, engaged
the City of New Bedford,
Mass.
In 1888 the company took over the property, franchises, rights,
privileges and licenses of the New Bedford Electric Light Co., engaged
in the electric lighting business in the City of New Bedford.
In 1890
the
company
purchased
the property, franchises,
rights, privileges
and
licenses
of
The
Edison
Electric
Illuminating
Co.
of
New
Bedford.
In ' 1891
the
company
changed
its
corporate
name
to
New
165, p. 813.
1(
total
stock,
HISTORY
as
21%
Natural Gas Pipeline Co. of America—Control—
f
Common
notes, series A, due
-;
,
FINANCING
PRESENT
TO
Authorized
25-year 3%
approximate
'
EFFECT
GIVING
Promissory notes due Dec. 31, 1952_
with
the plant to its
factory, which is now under construction, accord¬
spokesman.—V. 168, p. 2122.
V.
Electric .Co.
company
a
•
•
CAPITALIZATION
in
payment
the
Fund.
now
_
with Kenneth Teasdale
Fla.,
to
>
a
paid."
A
of
down
a
possession
Indianapolis
new
ing
The
states
bonds
that
I.
made
It includes about
a
floor area of
Western
Counsel.
as
in
structures.
to
members
$1,877,556
$2.87
shares
Administration.
$3,200,000, plus interest
over
a
10-year period,
plant
with
ing
as
report to the holders the results of their study
and its recommendations.
The last payment on the 5%
adjustment
bonds
was
2V2%
on
Oct.
1,
1948 on presentation
of. coupon due
April 1, 1941.
Other
641,150
on
under lease to Western Electric Co., which has
been making telephone equipment there since Dec. 15, 1945.
The
plant, which cost the government $6,989,000, was operated
during the war by Studebaker Corp. for the manufacture of airplane
The
Committee
RR.—Bondholders'
of
take
will
it
engines.
by'
headed
has
and
10 purchased a
according to Otto
Assets
War
company
installments
i
Missouri-Kansas-Texas
committee
'
1948
Dec.
on
the
of
balance
re¬
purchasers for parts
to the postponement of
Formed—
A
in
$2,162,105
$3.28
$2,791,383
$3.49
—_
share—.
shares
$4,000,000,
director
motion by the State of Arkan¬
be canceled entirely.
been
company
for
111.,
the property.
prospective
have
ICC
p.
a
from the ICC
reprieve
line.
of
abandonment
of
has
they
another
entire
the
to
6
the ICC refused to grant
However,
sas
769,380
on
$3,147,556
1,270,000
Buys WAA Plant for $4,000,000—
road
the
of
to further
—■•
common
per
"Based
1,705,000
,
Oct. 5, '46
$3,517,105
1,355,000
$4,496,383
taxes
profit
"Earnings
Receivers Granted More
Arkansas Ry.
&
'.L*.
taxes
inc.
;
Oct. 4, '47
Oct. 9, *48
,
Fed.
before
Federal
.
Missouri
EARNINGS STATEMENT
COMPARATIVE
40 Weeks Ended—
authority to sell $1,000,000
30-year 3Ve% first mortgage bonds to institutional investors at 98.58.
The company is also asking if it may sell an additional 50,000 shares
of no par common stock to its parent, Southern Co., for $1,000,000.
—V. 168, p. 2434.
-jalk;
has
company
!
i
'i
ti
'c
.
1
Volume 168
Number 4761
'
THE
COMMERCIAL
FINANCIAL
CHRONICLE
(2545)
J
New England Telephone & Telegraph
Co.—Earnings—
<•
Period End. Oct. 31—
1948—Month—1947
$
Operating
revenues
Uncollectible
■
oper.
*
$
*
12,720,671
29,330
rev.
1948—10 Mos.—1947
$ '
13,615,926
—
of
116,640,103
277,628
For
4'/a%
226,096
of
4 V2
13,586,596
11,494,410
1,050,638
1,187,034
1,185,841
590,732
750,339
—V. 168, P. 2122.-
10,980,510
The
no
directors
par
On Nov.
The
1, last,
in
168,
declared
stock,
declaration
1948
Dec,
to
27
of $2
of
to
$6.50
share
per
share
per
of
record
which
view
and
annum
convertible
of
Dec.
and
of
preferred
American
stock
of
bearing
Ohio,
four
dividends
shares
the
at
Halsey,
rate
Inc'
annum;
of
share
series
of
A
stock
common
$1.25
series
same
certain
of
well.
of
convertible
that
as
who
persons
amount
of
ultimately
Ohio
Finance,
preference
mentioned
in
connected
are
stock
common
combining
stock
paragraph
above.
(a)
distribution
of
the
7,060
2%
on
holders
•will teduce
of
the
equal
reduced
C2
to
3%
is
amount,
certificates
issue
to
37%
by
of
being
.
the
face
original
on
made
to
for
that
trustees
value.—V.
168,
the
of
with
your
interests
American
both
acquired
all
company,
of
with
bankers
who
had
a
the
companies.
The
and
of
directors
as
securities
previously offered
v
of
1
exchange offer expires
at
3:00
Jan.
p.m.,
1949
10,
(unless
series.
It
Tn the opinion of
Niagara Hudson Power
'Corp.—Expands Facilities—
An 80,000 kilowatt addition
station at Buffalo, N.
American
Y.,
This
unit,
was
to the Huntley steam electric generating
placed -on the Niagara Hudson System
it is announced.
with
an
80,000
-
v*
.
kilowatt
tion at the
System's
the first
stdp. in a
addition
which
Into
more
ment
.
.
station
opera¬
1
Ohio Edison
(And
.
8,000
kilowatts
each
Niagara Palls, N. Y.—V.
at
the
Schoellkopf
Hundred
Operating
Prov.
Split-Up—
The
the
at
sition
hydro-electric
later
record
The
on
22
taxes
a
Curb
common
Dec.
on
shares
22,
for
each
1948.
it
announced
was
after
Dec.
22
Dec.
on
of
must
be
York
Curb
9.
by
on
Balance
'
Governors
listing
issued
additional
the
of
333,731
pursuant
shares
New
additional
to
issuable
the
shares
Exchange
of
two-for-one
the
upon
1812.
$5
stock
exercise
of
on
par
per
p.
168,
split-up
167,
Noma Electric
The
corporation
loan
paid off
V.
168,
due
Jan.
Dec.
on
Corp.—Repays Bank
Dec.
on
6
31,
when
15
announced
1949.
it
Contracted
the company
Net
repaid
to
distribution
29,
last,
per
share
which
was
was
the
paid.—V.
first
168,
pavment
Net
since
made
was
Sept.
19,
1946
on
Com.
Sept.
when
Earns,
$1
—V.
1946
$
1945
$
per
66,830,564
63,635,548
2,159,113
6,246,722
4,267,212
4,184,192
Int.
on
Prov.
North American
Rayon Corp.—Beaunit
13,046,964
3,281,688
6,563.377
6,563,377
6,563.377
3,281,688
6,563,377
$5.80
$3.26
$1.99
$1.75
Northeast Airlines, Inc.-EarningsMonth of—
Operating
as
miles
senger
V.
168,
;
September,
compared
1948,
27,266 in
to
in
contrast
the
$39,570
•"
,
t
corporation
"'$75,000
31,093
passengers
■
to
Dated
of
issue
bonds
30,000
Co.
shares
(par $10) offered at
(Northwestern
Mutual
will
Seattle, Wash.—Stock Over-
be
used
of
6%
cumulative
Period End. Oct. 31—
Operating
revenues—
Uncollect,
oper.
rev
Fire
Association)
has
been
general corporate purposes.
sinking
_
Net
—
stock
Co.—Earnings—
17,810
$8,551,277
188,291
133,295
1,082,155
787,707
52,401,754
7,162,465
9,555,107
income-
$1,073,263
$706,550
charges—
$8,637,628
942,831
637,072
p.
7,544,277
2228.
Ohio Associated
Telephone
Period End. Oct. 31—
Operating
revenues
Uncollectible
oper.
___
Net
Net
$287,980
p.
$2,671,611
$2,246,089
7,286
4,857
200,616
$2,664,325
2,184,479
33,212
20,578
$2,241,232
1,892,149
266,827
183,221
$23,291
$14,165
$213,019
10,325
$165,862
2,954
101,643
2123.
be
and
each
case
National
N.
To
Ohio Bell Telephone
Operating
revenues
Uncollectible
oper.
rev.,
Operating revenues
Operating expenses
Operating taxes
6,810,836
'
,
$8,290,394 $86,837,737
$76,144,355
$1,117,910
1,111,303
168, p. 2123.
prepayment
.
Ohio
The
Finance
American
To
shareholders
of
;
of
the
exchanging their
basis:
(a)
lour
Ohio
Feb.,
(3)
1st
1st
notes,
and
1949
—-
provide,
of
1948
11
series
following
to
issuance
the
of
of
at
rate
of
in
and
due
the
in New
funds
early
during
part
of
of
GIVING
EFFECT
TO
series
due
series
due
Feb.
1,
Dec.
in
1,
equal
.
"Amount
authorized
The
is
HISTORY
laws of the
AND
an
in
BUSINESS—Company
purchase,
engaged in
Arkansas since 1928.
its
ice
and
FINANCING
in
ended
The
mated
and
rural
and
to
1931.
and
30,
and
present
according
Arkansas.
of
under
It
energy
electric
216
at
has
since
been
1902
gas
properties
is
now
engaged
225
in
Fed.
for
cooperatives
located
in
•
is
in
communities"
those
**
in
and
15
states.
Oklahoma
and
gross
approximately 890,000.
The
population
to the 1940 Federal Census was
UNDERWRITERS—The
served
of
this
approximately
names
of
the
several
principal
effect
at
the
principals
close
for
on
Dec.
of
business
confirmation
t
or
Co.—Earnings1948—10 Mos.—1947
$
$
25,497,568 282,695,177
198,428,291
21,598,034 224,290,978
171,158,08:
2,196,704
29,153,946
17,172,62(
1,702,830
1,239,041
29,250,253
22,733,413
10,097,583
7,108,424
Corp.—Proposed Consolidatior
Inc.
above.—V. 168,
2011.
p.
1948—3 Mos.—1947
1948—9 Mos.—1947
$3,506,835
$2,485,031
$9,658,314
$5,969,45E
2,230,021
1,720,136
6,000,216
4,475,544
gen.
etc.
348,389'
-
320,070
1,150,120
$444,825
$328,425
income
$2,507,977
taxes
struction
(est.)
of
oper.
sub.
is
esti¬
territory
613,000.
underwriters
48,247
13,448
$437,613
$2,556,224
101,218
charges
Drl,212
$946,542
———
fr.
715,7
$778,203
18,117
$791,651
86,419
273,738
151,455
526,580
100,000
,
286,580
con¬
Stewart
James
Net
Com.
&
James
Co.
Inc.
&
Stewart Corp.-
Cr94,397
butstdg
Earnings per sljare
Crl02,056
Dr30,394
$399,549
"$1,857,962
1,448.422
1,448.422
$0.45
shrs.
Cr48,355
$653,141
1,448,422
!
profit
$509,801
1,448,422
$0.27
*$1.28
$0.35
"Before appropriation of $420,000 to
ment
and
acquisition
of
oil
reserve
for
exploration, develop¬
reserves.
CONSOLIDATED BALANCE
SHEET,
SEPT. 30, 1948
hand, $1,579,362; notes and accounts
accounts of $27,031),
$2,844,173;
$1,472,938;' investments and advances,
$120,482; property,
ASSETS—Cash
(less
Inventories,
plant
and
in
bank
reserve
equipment
payment of $1,197,983,
of
$6,415,117),
and
for
LIABILITIES—Accounts
on
doubtful
(less
and
unliquidated
less
$10,639,506;
than the Stewart
territory
stock
-
4,066,709
3,221,628
long-term debt,;due within
taxes, $676,985; lQng-te,rm
the
common
"Cash,"
814,015
3,706,909
aggregate
of
and
Jersey
Exchange
25,613,705 283,907,341 199
242,307
116,137
1,212,164
29,475,617
operating revenues for the 12 months
1948, approximately 91.7% was derived from
sales in
approximately 8.3% from sales in Arkansas,-population
that
'
in 1927,
solely in
resale
in
directed
$
21,701,999
income
income
Profit
con-
and
Oklahoma
wholesale
are
Total
receivable
in
13
in
122,745
taxes-.
gen.
exps.,
Non-oper.
the
Company
its
Company
served,
in
expressed
authorized by the
1902.
Oklahoma
electric service
suburban
territory
rural
communities
Arkansas and of the
at
6,500,000
27.
and
Non-oper.
7,500,000
and is now engaged in
distribution and sale of elec¬
retail
electric
16
total
Oklahoma
in
Company sold all
in
,
New
shall be ex-dividend,
proceedings with respect to
the Exchange
suggests that open orders
Overseas Airlines,
chgs.,
Net oper.
$35,000,000
company
and
business
furnishes
Arkansas
June
utility
transmission,
Oklahoma
this
properties
contiguous
the
of
Feb.
on
Payment Of
the
by
pending.
Outstanding
incorporated
was
oper.
lease
17,800,000
unlimited
enjoined
on
the
the common
on
17.
still
for
2123.
American
Dec.
anc
share
per
share
are
stock
29,598,362
operating income
charges——
p.
$4
1948—Month—1947
rev._
Common
on
Dec.
Intangible devel. costs,
depr., depl. & undev.
2,138,825
4,500,000
bonds
oper.
of
per
record
$1,908,319
mentioned
year,
Period End. Sept. 30—
income—
13,500,000
business,
company
western
Oklahoma
public
States
tinously
electric
of
electric
the
is
last
revenues
168,
exps.
7,500,000
of
of
was
on
preferred
above
and
Cost,
35,810,000
indenture
amount
1947
specifically
the
Gross oper.
$9,075,000
$200,000,000.
production,
tricity
the
maximum
Territory
operating
the
under
present
in
holders
$4,165,72:
683,87'
197,92
1,375,60
Panhandle Producing &
Refining Co. (& Subs.)—Earn
*
.
to
$4,066,270
99,451
v
30,000,000
—
made
of
dividend
dividend of $1
a
a
Exchange
after
See
$3,500,000
*
cumulative
$1,012,724
Pan American
Airways
":
2,000,000
1978, 3(4%
semi-annual
811,700
$512,380
which proceedings
Stock
declared
re¬
2%%
1975,
178,901
30
second
unless
view
the
PRESENT
65,498
366,600
declared
1,
per
for
877,435
172,000
Operating revenues—
Operating expenses
Operating taxes
and
and
the
1949
$2,880,760
231.808
56,952
declared
the
Uncollectible
to
un-
Jan.
$1,176,285
326,779
have
York
in
Operating
Net
new
1948—9 Mos.—1947
21,027
-$
St.,
Dec.
Subs.)—Earnings
26,944
Dec.,
—V.
——
part,
the
buy
Net
2(4%
of
,
Nil
1072.
p.
Pacific Telephone &
Telegraph
se¬
$2,000,000
months
1947
t$279,016
$2,859,733
debs.
Period End. Oct. 31—
sale
165,
Mos.—1947
open stop orders to sell
14,
1948, be returned to
adjustment.—V. 168, p. 2011.
The
Broad
the
New
in
on
premium
agent
Authorized
mtge. bonds,
bonds,
mtge.
The
For each share of 5%
prior preference stock of the
Ohio Finance
shares of series A $1.25
convertible preference stock of
American
with
$3,500,000
preferred stock (par -$20)
Cumulative preferred stock
(par $100)
Common stock (par
$20)
24
the
the
on
$1.50
$1,149,341
taxes-
dividends
1948,
but
follows:
the
cents
1948
$203,791
and
preferred stock and
dividends
1, 1954, at
redemption
regular
bonds,
—
to
and
on
of
premium
bearing interest
during the
notes, 1%%, due
instalments
to
1953
the
American
simultaneously
payable
Balance
4%
10,619,633
of
Dec.
redemption
redemption.
of
10
$780,718
—
income
contracts
company
premiums.
New York,
been appointed
has
premium
without
CAPITALIZATION
55,557,912
$9,966,810
9,826,106
The
agencies
redeemable
the
City of
it
simultaneously with
mainder
11,483,462
Illinois, has made an offer to the
Co. extending
them, the privilege
Finance
shares for shares
fund
date
of
Dr21,196
Court of Chancery,
at
be
of
—
annum
65,060,885
$1,015,296 $10,293,390
987,889 .10,337,134
without
prepayment
secured
1,080,294
Co.-—Exchange Offer—
of
to
1948—3
stock, both payable Dec.
1
June
on
—
Of
Investment Co.
that
initial
sinking
the
intends,
bonds
(2)
communities
,i
The
interest
of
and
will
option
redemption
commencing
the
cancelled
:«*,
6,194,804
1,212,355
initial
City
the
regular
annually
payable
Bonds
at
1949
share, was
per
$759,522
directors
similar
notes, 1%%, which are secured by the pledge of
a
like principal amount of first
mortgage bonds, series
of 1947 due Feb.
1, 1975, 2%%, which bonds will be
64,174
1948—Month—1947
1948—10 Mos.—1947
$9,161,974
$8,317,506 $87,047,625 $76,371,645
20,873
27,112
209,888
227,290
$9,141,101
Net oper. incomeNet after charges
—V.
Co.—Earnings—
York.
date
cured
amount.
Period End. Oct. 31—
the
plus
Bank
Interest
Oklahoma
premiums.
Y.,.announces
stockholders
•
New
redeemable
Serial
$235,359
230,679
operating income
charges
'
168,
York,
and
1978.
in
construction of additions and betterments
to the physi¬
cal properties of the
company—-
$287,182
taxes.
after
—V.
(1)
1948—10 Mos.—1947
$237,973
2,614
798
Offered—As
payment of principal and interest, to
register and
exchange temporary bonds for definitive
bonds, when available,
$7,500,000 first mortgage bonds, series due Dec.
1,
1978.-
Co.—Earnings—
1943—Month—1947
rev._
Operating revenues—
Operating expenses
Operating
$5,829,201
5,235,286
-
Bonds
—
15,
1,
part, on any
days' notice at
5.52%
in
for
Chicago
redemption
Chase
Dec.
trustee
in
also
is
of
PURPOSE—Company
'
$7,263,240 $78,779,921
$65,393,420
5,768,983
60,587,186
6,395,859
Co.
13
delivery of the $7,500,000 first mortgage
1978, to apply the proceeds therefrom as
—V.
oper.
New
oversubscribed.
Net after
168,
series
in
30
fund
2.19%,
The
1.943—Month—1947
1948—10 Mos.—1947
$8,564,880
$7,281,050 $78,968,212
$65,526,715
13,603
Operating revenues-..
Operating expenses
Operating taxes
preferred
to employees of the
company and its parent
par
for
Northwestern Bell Telephone
■
will
due
1948;
office
or
least
York
of
B
Proceeds
at
1,
at
1
company
a
whole
on
is
An
Dec.
Dec.
premium
Nortliwest Casualty
subscribed—
Electric
Another
30,
$360,000
—
(& Wholly-Owned
earnings
168, p. 947.
second
&
issue of Dec.
Further details follow:
and
as
.
carried
September, 1947, and flew 5,982,716 pas¬
the 5,496,110 flown in
September, 1947.—
1906.
p.
Aug., 1948 Sept., 1947
$7,894
—
"Operating loss.
During
est.
Sept., 1948
profit
Gas
our
20.
March
shs.
com.
Pacific Coast
Co.—Declares Dividends
Second Preferred Stocks—
'
Halsey, Stuart & Co. Inc.
and associates on Dec. 8 offered
$7,500,000 first mortgage
bonds, series due Dec. 1, 1978, 3*4% at 102.52 and inter¬
2122.
p.
.
noted in
Dec.
1949.
tNet loss.—V.
Net
11,464,993
4,922,532
168, p. 1696.
Oklahoma
Mills, Inc. Bids
Stock.—See American Bemberg
Corp. above.—V. 168,
share on the
per
record
payable
charges and taxes—
(net)
notes
for
'r-V.
21,403,035.
'
of
declared
235,000 outstanding
;
6,680,461
6,616,700
share-
holders
also
*
depreciation-
Depreciation
39,146, /89
1,392,927
The
in
on
income
Total
■
41,876,739
1,562,773
6,309,859
10.829,570
outstdg—
$3.30
1946.
per sh.
Other
56,298,999
paid
com.
23,
$
38,035,151
divs.
shares
$2 728 Oil
$4.56
payment, also amounting to 10
cents
March 31, 1946, which
followed an Initial
before
1,835,885
7,616,391
12,907,139
taxes
$3,772,947
Corp., Chicago—Two 10-Cent
Divs.—
Period End. Sept. 30—
from
operations
^
income
3,155,511
427,500
-
$3.13
83,457,327
—
amortiz.—
635,403
4,200,447
427,500
requirements
Gain
92,191,366
$3,790,913
689,384
dividend
"Estimated figures.
$6,268,238
1947
143,851,893
36,738
$4,889,831
previous
Earns,
oper.
income
Common
1047.
p.
1948
——
and
Federal
directors on Dec, 10 declared a
dividend of 50 cents'per share
the 3,435.033 shares of
outstanding capital stock, payable Dec. 27
holders of record Dec. 17. A similar
on
and
expenses
Deprec.
The
-
966,469
$2.77
$3,754,T*8
66,987
(net)
Net earnings after all
$7,234,707
$6,325,503
$4,822,844
„
EARNINGS FOR
CALENDAR YEARS
(& Subs.)—Earnings—
other" inc.
sales
Depletion
,
North American Aviation,
Inc.—50-Cent Distribution—
/
of
stock
on
Dec.
1947
——'
Oxford Paper Co.
Sept. 30—
sales and
Cost
$5,000,000
a
spring, the loan was
payment of $1,000,000.—.
a
.
$522,944
$
last
made
2122.
p.
$532,639
taxes
directors have declared a
dividend of 10 cents
stock, payable Dec. 30 to
The
374,714
59,449
$7,291,973
966,469
share-
common
accruals
income
of
like amount was
to holders of record
March 15,
2229,
Ohio Oil Co.
Loan—
has
80,541
250,000
1948
——___-x.
Oxford Electric
and
options.—V.
$603,484
80,541
-
Earnings
—V.
Dec.
common
9 Mos. End.
bank
$613,180
500!<)00
-
$19,120,316 $17,225,569
8,603,831
7,809,433
1,086,804
766,803
1,319,850
1,860,493
1,189,987
1,028,855
2,097,000
2,006,000
dividend
379,308
I
Inc.
Co.—Earnings—
Aug. 31—
deductions
4,857,513
Cr262,333
1000 000
60
state
income
made
2,516
1,000,000
-
Hutz-
Co
Balance applic. to
common stock &
surp
Earnings per common
share—827,013 shares—
—V. 168, p. 1257.
2,030,825
31,651
Co.,
&
—
Income
$9,699,695
31,020
&
bo
to
income
The
2,045,158
Cr39,515
Thomas
common
167,678
Co
&
>
income—net
Gross
966,720
$9,454,105
stock-
on
taxes
&
3,229,808
$805,329
expense-
pfd.
966,720
(3,800,445
&
Bros.
_
—
disct.,
income—
Divs.
due
Other
1948—12 Mos. -1947
194,397
.
of
for
250,000
to
Net
80,560
Stroud
ler
revenues
Preferred
689,045
severally
$U00 000
Phelps, Fenn
Salomon
Utility operating income--——
rto
purposes
$799,082
deductions—
Net
distribu¬
ex
Ohio,
regulations,
tax
{4,673,245
|
Certificates for
accompanied
income
80,560
debt-
debt
and
prem.
Genera1
Federal
exchange. McDonald & Co.,
168, p. 2011.
729,182
_|_
taxes—J
long-term
Other
held
304,073
'
Exchange will not quote this issue
notice,
delivered
share
on
of
shares
and
bonds
Co
Operation
$3,634,945 $45,719,939 $42 048,718
1,781,595
23,227,862
19 ,965,939
278,416
3,597,562
3 ,329,044
2,019,872
income—.
Amort.
on
distribution.-
Board
approved
stock
to
be
P.
Int.
Operating
acqui¬
income
Gross
approving a plan to split up
two-for-one basis, by the distribution
additional
one
further
15
6,000
$5,
Dec.
close of business
York
the
vote
par
of
stock
for
The
stock,
date
tion until
common
bills
Mieh.—Plans
;
at the
New
Joseph,
plan
law
&
13
cents per share has been
declared on the common
stock, payable Jan, 31 to holders
of record Dec.
31, 1948. This com¬
pares with 55 cents
per share
previously paid each quarter.
A regular
dividend of 20 cents
per share on the 4%
$20 par value
preferred stock and a
regular quarterly dividend of
on
$1.31(4 per share
the 5(4% $100
par value preferred stock
have been
former payable Jan.
declared, 1 the
15 and the latter on
Jan. 20, both to holders ol
record Dec. 31,
1948.—V. 168, p. 2435.
such
$3,932,769
adjustments—
General
-
stockholders will
common
a
of
■
St.
outstanding
present
Federal
1948—Month—1947
depreciation-
of
dividend
Subsidiary, Pennsylvania Power Co.)
expenses^
for
Amort.
168, p. 2228.
Corp.,
Its
revenue
Federal
Nineteen
Otis
Co._
Maintenance
Retirement reserve
Co.—Earnings—
Period End. Oct. 31—
Gross
installation of five additional
of
at
the
the
Cleveland, Ohio, is dealer manager.—V.
Other
projects now under way include the first
two
units
of
a
320,000 kilowatt steam electric
station at Dunkirk, N.
Y.j an additional
80,000 kilowatt unit at
Oswego, and the
generators
of
new
100,000
400,000
&
Amerlcah, If under the exchange offer
all
under
-
power
said.
of
then,
or
loss will be recognized for
holders of shares of Ohio who effect
~
went
80%
class,
gain
'
Oswego, N. Y., statiorf the week before completes
$125,000,000 expansion program undertaken to pro¬
for System customers and to
provide reserve capacity.
By -1952 this five year expansion
program will add over 500,000 kilo¬
watts to
the
System's electric generating
resources,- the
announce¬
vide
-
of
for
counsel
acquires
regardless
.
.
lines last week,
Wells
t>f
follows:
as
Oklahoma Natural Gas
To take
'
.
are
Co.
Co
12 Mos. Ended
*
■Finance must
than
-more
Milwaukee
A
ex¬
advantage of the exchange offer holders of shares of Ohio
deliver their stock certificates,
accompanied by properly
executed letters of transmittal to The
Huntington National Bank of
Cdlumbus, depositary, Columbus 16, Ohio.
amount
946,
p.
&
amounts
Increases Dividend—
tended).
face
each
Stuart
Mullaney,
company. We believe that operating economies and other mutual
will
result
if
the
interests of your company and of
American are combined through the latter's
acquisition of shares of
your company pursuant to the exchange offer."
-
$708,593,
by
principal
Josey & Co._^
The
.
-to
I.
American,
advantages
The
A
respective
7
——$2,900,000
Edwards, Inc
100,000
J.
H.
four-fifths
of
your
investment
as
17.
.
•
New York Title &
Mtge. Co.—Distribution—
and
the
purchased
4%%
stock
offer is the result of the actions just mentioned
discussions between representatives of American and
brings total common dividends paid or
per
share, compared with $11 in 1947.—
$9.50
per
exchange
the
on
253.
p.
$1.25
your
made.
was
share
each
substantial
holders
of
L. Barnes,
President of American in letter to Ohio share¬
states,\ "Earlier this year representatives of Amterican made a
study of the business and affairs of your company, following
careful
•
dividend
a
payable
distribution
a
current
payable
V.
have
common
rate
Donald
9,561,788
5,400,274
5,951,762
"
.
per
For
being the
New Process Co. of
Warren, Pa.—$6.50 Dividend—
.
each
share
a
holders
oper.
income—..
after charges.,..
the
R.
of
131,448,204 116,414,007
111,828,625
97,377,615
8,639,069
9,474,604
10,458,489
905,152
Net
Net
12,694,968
at
stock of American;
preference
%
(c)
Operating revenues
Operating expenses
Operating taxes
.
dividends
common
(b)
$
131,725,832
25,703
.
bearing
into
reserves
other
payable
one
debt
and
year,
of
balance
for
assets,
accrued
$1,267,374;
all
of
depreciation
$283,220;
oil
liabilities,
provision
companies
production
and
total,
depletion
$16,939,682.
$1,917,423;
for
Federal
consolidated
other
Companies, $6,132,368; long-term debt of the Stewart
Companies, $555,935; reserve for exploration,
development and acquisi¬
tion
of
oil
reserves,
$420,000; common stock ($1 par), $1,448,422;
capital
surplus,
$2,377,922;
earned
surplus
(since
July 31,
1938),
$2,143,254; total, $16,939,682.—V. 168, p. 1148.
14
C.
MacMillen
corporation.
and
of
continue
will
He
Eagle
subsidiaries.—V.
168,
Vice-President of Eagle Lion Films
picture distributing and producing
as
747.
p.
See V.
*
of
Net
sales
__!
—
Earnings
———^
—
1948
*" 1947
4,334,594
3,917,620
$18,169,426 $14,262,495
1,512,787
460,00.0
960,105
163,175
$l,052,7o7
income
profit
Earnings
„a._
-—.—
The
for
—V.
168,
1802.
p.
$1.23
$0,95
$1.63
prior preferred stocki
„—
Earnings per common share (on 624,943 shares)
' $1.36
the
of
the
will
distribution
The
record,
loans.
Dec.
•
1948.—V.
27,
will
23,
Dec.
on
quote
the
165,
Sales Incr. 6.57%
Penney Co., Inc.—November
(J. C.)
9 Months Ended
1948—11 Mos.—1947
1548—Month—1947
End. Nov. 30—
Net
$38,802,933 $83,325,156 $757,095,083 $665,703,539
Sales
—V.
168, p. 2436.
per
—V.
P.
.(The) Pennroad Corp.—Dividend Nontaxable—
connection
In
of
with
dividend
the
of
(excluding gain
said in part:
-"Pend.ng
final
income
as
for
to
tax
informed
available.
if
;
deem
may
be
•
;
■■■
_
purchase
Nothing
of
sell.
and
exps._„
company
3 Mcs. End.
73,093
137,754-
81,863
$425,179
Interest
f
Dec.
1947)
30,
-
Sep;. 36—
Operating
revenue
Operating
Electricity
expenses
.'
—
.
.
,___„
plant—3,111,499
2,898,833
adjustments \>. 862,956
862.956
2,791,000
"
342,853
*■
1,563,991
1,433,297
$7,169,546
45,073
$7,534,852
.'..57,945
—
$7,214,619
$7,592,797
1,613,307
2,060,213
depreciation
utility
of
utility- plant acquisition
taxes__
income
——
_
taxes.
taxes
•
Operating
i
____
income.
income
income
Gross
Earns,
Power
it
company,
a
was
of
the
available
W.
Oakes, President, will
.
Oper. exps.,
Federal
Other
3,800.552
excl. taxes.
148,037
—
electric
acquis,
347,615
'137,033
1,841,546
1,649,038
311,000
taxes—_____
Depreciation
of
5,429,142
5,359,143
365.919
taxes..
Amort,
$4,938,636 $65,216,082 $57,602,568
40,837,830
33,822,194
3,146,555
$5,643,109
Operating revenues-'
289,638
3,369,055
3,440,024
plant
144,056
144.056
adjustments—
Piper
1,728,675
1,728,675
979
#Other income (net)_
income
Gross
Int.;
and
other
(net)
15,154
$11,628,746
$888,893 $12,136,591
$874,524
deducts,
425,680
336,528
_
income
Net
$11,533,495
56,758
95,251
$873,739 $12,079,833
$873,545
revenues
oper.
4,325,191
4,547,168
\
applic. to pfd. stocks for the period.
$7,811,400
1,982,415
$7,081,578
1,980,000
$5,828,985
Dividends
$463,213
$537,996
—
suit
$5,101,578
-V.
168,
1907.
p.
ICC. on
The
Lability,
authorized
2
Dec.
as
the
company
respect
in
guarantor,
of
not
to
assume
exceeding
obligation
$7,935,000
,
with
the
dividends
accrued
and
$51.87 Vi
procurement of certain equipment.—V. 168, p. 2436.
the
Natural
it
•Co.,
was
acquisition
Dec.
authorized
have
the
acquisition of
all of
the stock
of
America and Texoma Natural Gas
announced Dec. 13 by James F. Oates, Jr., Chairman. The
was
approved by- the Illinois Commerce Commission on
Gas
Pipeline
of
Co.
The
Co.,
purchase will
for
be
effected
long
Gas
through
asks
has
Peoples Gas owned 27.4%
America'
and operates the morethan-1.000
mile long pipeline system through which natural
gas is
brought from the Texas Panhandle to the Chicago area. The capacity
of the present dual
pipeline system is now in excess of 450,000,000
cubic feet per day. Texoma Natural Gas Co., which is a natural gas
gathering and production company located in the Texas Panhandle,
owns
leaseholds and gas wells in
that srea covering approximately
132,000 acres and supplies Natural Gas Pipeline Co. with more than
Natural
half
of
its
Co.
of
owns
said
no
change in officers and other personnel of Natural
or
Texoma
interests
will
be
utility
$32,668,000
by
hand
added
other
is contemplated by Peoples Gas, and the
customers of Natural Gas Pipeline
company
protected in the future
The
said,
of
a
has been the case in the past.
will
be
partially financed, Mr. Oates
as
$10,000,000 bank loan, "with the balance made up from cash
U. S. Government securities held by the company. He
and
that
interest
purchase
of
desire
Peoples
Gas
may
Natural
Gas
Pipeline,
2436.
-
at
in the future to sell a minority
some convenient time.—V. 168,
'
bids
Blyth
168,
1
-
. :
' "ft
.
:tv
Nov.
2230.-%
p.
,
%
.
>
,1
4
sold at competitive bidding 8.198
par) of Public Service at $20,071 p*r share'.
Dec.
on
(no
the
received
6
h'gh
at
& Co.,. Inc..
Division
the
bidders.
ra1*
$19 91;
of
the class A
or
v
of
the
that
company
be-enjoined
also
$12,000,000
that
-
'
;
production,
Pulo,
bond
Co*rmis"ion
of
preferred
issue
first
stock,
Is scheduled
'
.
,
.
Provision
from
'
.
2,191,545
$11,188,074
7,473.012
5.409,127
*___
other
expense___^^_
Federal
tax
076,730
2.658,236
2.090,832
$4,337,121
131,218
$3,411,385
131,218
$4,468,339
$3.R42,603,
income
on
to
the period
for
778.188
outstanding________:.________
shares
annual
from
instalment
payments- received
$9.54
"ale
from
of
tB*sed on net profit hefore gain "crnings
1948 and $9.18 in 1947.—V. 168, p. 1048.
timber properties.
share
$5.57
are
in
1948—-Month—l947
Period End. Oct. 31—
Total
oner,
Total
operating
$976.m
avenues
Earnings—
194°—10 Mos —1947
-
$1.027.689• $10.2^.1 g7«
$0*77.344
9,704.061
9,698,403
"$75,059
exps.__
920,299
982,581
operating
revs.—
$55,812
$45,106-
$537,317
commun.
Other
income
6,988
5,997
33.022
70,402
$62,800
$51,105
$570,339
"$145,461
Operating
income
_^_
3,076
16,814
90,111
$6,5.876
$67,919
$660,450
inc.—non-commun,
Ord.
368,077
$5.74
share___
common
per
—
RCA Communications, Inc.—October
•
80,919
81,386
353,293
income
Canadian
per
1047
1 898,657
1.821,303
Net prn*«fr from operations
capital gain
Net
7
-
—
96.831
96,838
gallons
*Net
tEarnings
1940.—
2,180.966
_—^
and
for
Common
24,
19^8
Depreciation
:
bonds,
a pub'ic offer¬
previously an¬
as
4..
.
30—
gallons
and
sales
of
Cost
Indiana
other, lncome_J._J^_J__-_J;„____U. $14,821,682
sales,
sa^s
Net
of
mortgage
for Jan.
tons
tons
production,
Alcohol
■
unpaid
V;
sales,
Pnlp
Alcohol
of its
replace old equipment or to
expand operations, costs more than twice as much as it did prior
to
the
war,
industry generally
is finding itself obliged to use a
constantly larger percentage of its earnings for such purposes under
either
equipment,
convertible
the
Months Fnded Sept.
Net
new
of
on
'•
;•
company's
the
$12,000,000
•'
'■Derived
charges
Bmndre
Puhii"
sell
end ruction ^osts.
on.
Puget Sound Pulp & Timber Co.—Earnings
stock. At present these amount
:
the
and
applied
Onening of bids
V.. 163, p. 2436.
-
Western' Pennsylvania
$5,055,841.
of
total
a
asked
issue
to
^The.mana-emeht, however, has decided-not to make
:
Dividends—
Court
has
comnanv
authority
proceeds to be
costs.
idends.
.
"We
In
are
New
'
•
of earnings is
.
.
available for div¬
V
......
that situation."
in
York,
shareholders,
Joseph
,
_
Rogers,
attorney for
distributions
class
Deducs.
Net
403,312
A
this
stated Dec. 17 that new financing plans are being
presently negotiated and an announcement regarding the same will
be announced
within
the
next two
weeks.
The new financing will
a
the
the
production
release
time
model
Astor
of
its
Hotel
Playboy
of
convertible
new
Dec.
Playboy Station
16.
The
$1,500
Station
Wagon
corporation
Playboy Station Wagon with
price class.
With a 96-inch
Wagon'"has an overall length of 163
.five-passenger
the
at
16 affords the following:
outside its Buffalo plant, the
Dec.
first
the
pilot
its
Buffalo
is
eight
other
with
At
in
for
11,539
206,883
113,372
$56,380
$45.3.567
$144.479
inc.
(Credits)
2.664
Extraord.
inc.
(charges)
20,018
income
N^t
its
feature
of
its
the
all
standard
hopes
a
to
press
Net
inc.
being.
132.937
139,496
115,695-
to
sell
$44,797
$437,913
$211,721
25,950
217,449
121,500
$6,681
$18,847
$220,464
$90,221
transferred
earned
surplus—
168,
p.
2437.
Radiomarine Corp. of America—October EarningsPeriod End. Oct. 31-
the
new
its roomy storage space
wheel base, the Playboy
inches and weights 2,350
1948—10 Mos.- -1947
1.948—Month- -1947
Total
operating
revs.—
$106,634
Total
operating
exps.__
102,195
Ord.
$
$
$
$1,096,079
95,141'
$956,916
1,024,181
$109,485
393,496
363.420
$4,439
$14,344
$71,898
inc.—non-commun.
44,672
28,734
489,359
347,771
income—
$49,111
$43,078
$551,257
$411,191
review
Gross
Deducs.
Net
ord.
from
—
inc._
3,927
3,245
38,403
32,094
income.
$45,184
$39,833
$522,854
$379,097
14
1,859
ord.
ordinary
inc.
(Credits)
Extraord. inc.
(charges)
Extraord.
Deducs.
from
3,160
.
30
$45,184
income
Net
49
net
inc.—
$39,847
$524,664
$332,227
17,000
16,000
211,000
160,000
$28,184
$23,847
$313,664
$222,227
parts.
does not plan to produce the -Station Wagon,
Playboy expects to sub-contract it, at least
Negotiations-for the sub-contract have been'
outset Playboy
Buffalo
plant.
time
123.842
"
10,400
inc.—
Operating income
at
companion car,
the Playboy." convertible,:
base is six inches longer; its overall length
inches longer and it is 300 pounds heavier.
Specifications;
instances are, in most
respects, similar to the convertible
the
Dr338
11,245-
$17,081
____——
net
from
Deducs.
plant.
corporation showed
pounds.
As
compared
with its
the station wagon's wheel
in
31,441
$34,435
company
press
in
inc._
Being
Playboy Motor Car Corp.—New Financing Plan
For
$257,851
shareholders
Negotiated—To Expedite Early Production—New Station
Wagon Introduced—
■
expedite
-
income_
ord.
from
ordinary
•Deficit.—V.
A
inc,__
Extraord.
stated:
dividend
(the
ordinary
Gross
•
the complaining class A
year amounted to
approximately
received only approximately $487,
000 of
this amount)
which represents only 23%
of the company's
earnings as reported by it for
the first nine months of 1948.
If
earnings
for
the fourth
quarter equal third quarter performance,
then the total dividend distribution made by the
company this year
would amount to less than 14%
of total 1948 income."—V. 168, p. 155.
in
Pipeline Co.
Gas
p.
Pipeline
needs.
Oates
Mr.
on
Gas
^ ?. ,i
,
! _' It
Proposed Financing—
failure to pay dividend
arrears
is in
the
interests of common stockholders. The complaint
alleges that the arrears were not paid so that at an opportune time
"a
recapitalization plan favorable to the common shareholders and
involving a sacrifice of the contractural rights of the holders of the
class A preferred can be proposed."
Commenting on the above suit, Joseph H. Carter, President, said:
"The company has been and is engaged in a long range program
of
improving its plants to gain efficiency and consequently iower
suit
The
stock of Texoma.
the
dated
Co.,;were
&
Other
$19.96;
Inc..
situated."
similarly
Co.
acquiring from Cities Service
stopk of the two companies,
held a substantial minority interest.
of the stock of Natural Gas and 21.3% of
the outstanding
all
$32,668,000,
Peoples
Stea-ns
planned.
The
14.
which
.
No public, reoffsring is
were:
A. G. Becker & Co.,
Otis & Co.. $19,835; o0Hman.-'.
Fachr. gr,
Co.
and
L.
S.
Rothschild
&
Co;
(jointlv), $19.76'
Glore,
Forgan & Co. and associates, $19.51; A. C. Allyn & Co., Inc., $19.2701.
Bear,
for
making any
plaint states, however, that the plaintiffs are acting "on their own
companies until the preferred arrearages are paid off.
The
suit
was
filed by Sidney Lewald,
Janet Lewald and Lenore
Rogers of New York, N. Y., who reportedly own 340 shares of the
5%
class A
stock. There are 97,462 shares outstanding. The com¬
plaint states, however, that the plaintiffs are acting "on their own
behalf
and on behalf of all other stockholders of Pittsburgh Steel
"Total
Peoples Gas Light & Coke Co.—Acquisitions—
directors
District
S.
on
share,
a
further
it
$823,760
The
U.
in
conditions.
"Conversely, a smaller percentage
equipment-trust certificates, series V, to be issued by the Girard Trust
Co
as trustee, and sold at 99.0399 and accrued dividends in connec¬
tion
"
today's
Pennsylvania RR.—Equipment Trust Certificates—
and
filed
was
"Because
Balance
168,
Pittsburgh,
The
Net
company
.•
Pa., on Dec. 9 against this company by three
5% class A preferred stockholders. •>'
The suit asks that the Court direct the company to pay all
•
1948—12 Mos.—1947
1948—Month—1947
Period End. Oct. 31—
.
i.
nounced.
been
Pittsburgh Steel Co.—Sued for
*
to
MONTHS
Corp.
shares of common stock
9
Guaranty Trust Co. of New York has been appointed co-registrar
63,000 shares of 4.60% series preferred stock/
12
.
Consolidated j
to the Chairman of,
elected a director. ' ^
recently
purchased the Stinson
p. 2328.
'"'
Corp.,, has
Aircraft
The
Co-registrar—
AND
>
:
,
credit.—-V.
West
Middle
The
:'vy
;
Assistant
Rockefeller,
C.
Vultee
A
OCTOBER
1907.
p.
four banks were renewed
issued bringing the total
$2,000,000
ing-of
Piper Aircraft Corp.—New Director—
?"The
FOR
'
,
.
at
EARNINGS
168,
1
•
Publie Service Co. of Indiana, Inc.—Stock Sold—
and
payroll
Consolidated.—V.
Charles E.
1948
30,
securities
marketable
•
,
agreement
new
a
to
notes
the
of
payable,
$3,500,000; trade accounts payable,
withhclding taxes payable, $64,3 j0;. employees'
deposits on purchases of government savings bonds, $5,657; accrued
liabilities,' $157,161;
Federal and States taxes
on
income- test.),
$63,202; capital stock: common stock (475,000 no par shares), $1,930,100; surplus, $6,677,132; total, $13,^29,131—V. 167, p. 49.
company's construction program.-
for
SEPT.
BALANCE SHEET,
was
according to
sale,
$2.88
$427,317;
" I
,
LIABILITIES—Notes
$5,532,584
addit'onal $10,000,000 which will be used in carrying
an
$0.54
$831,520;
Corp. and Drexel & Co.
Proceeds
475,000
$0.16
(market value $24,931), $21,681; notes and accounts receivable (less reserve of $36,500),..
$2,098,032;
inventories,
$6,521,873;
investments
and
other assets;
$379,827; land and land improvements, $349,080; buildings, machinery
and equipment (less
reserve for depreciation, '$3,377,671), $3,418,674;
prepaid interest, $12,647; total, $13,229,131.
'
;
sold privately $10,000,000 first mortgage
to
475,000
share—
CONSOLIDATED
tAfter
of $7,960,000.
$1.04
outstdg.
com.
ASSETS—Cash,
of $10.885,000.—V.
'
,
475,000
,v
Co.—Places Issue Pri¬
Light
&
237,478
475,0C0
per
taxes
29 the $1,793,630 of notes
to June 1. 1949, and add'tlonal
of 4% notes to $1,800,000. The
loaning banks also agreed to mske additional loans at anv time
before June 1, 1949. uo to $2,000,000. at 3%, evidenced by-collateral
demand
notes
secured
by
assignment of
accounts
recei.vab'e...
A
commitment fee of
Va ner cent w 11 be raid on any unused portion
term
17,088*
237,478
taxes
-
payable
$511,397
$1,368,871
shares
Common
announced Dec. 16, has
3x/4% bonds, due
group of insurance companies.
Sale of the
negotiated for the company by The First Bos¬
vately—The
out
$255,083
stock-
income
'
J...Under
8,789
-
947.
p.
Pennsylvania
make
_U—
$77;504
foreign
provision- of $9,500,000 as an addition to the reserve for inventory
Provision has been made for United States and Foreign
;
895,000"
'
.
:,
1|,$13,221,916 t$9,014.'575" $5,670,823
$2.05
•
$1.40
$0.88
Pressed Steel Car Co., Inc.—Bank Loans^''*'•'
.1
..va'i. 5,000
1,700s <4 »j10,05fr •
pfd. stock
com.
on
359,159
$5,601,312
income——.
168,
bonds
-835,600
-
and
1946.
1947
19-18
After'United States
income
2,901,400
for
Income
1978,
151,200
„
2,075
__
Divs.
"
-
State
ton
profit
Divs. paid on
—'
—
Other
Net
52,225
adjustment-
years
Net
1.461,346
of
Income
32,816
taxes—___
2,677,059
Federal
,*7~V.
income
deductions--.
Amort,
l-_
taxes__,
etc._
profits taxes
excess
State
Prior
1,745,085
Provision
1.
Fed.
.
1948
1947
$37,601,084 $33,565,533
16,897,467
13,436,631
3,116,687
resale-:
for
purchased
Maintenance
Other
income
,
operations of gas property sold
-(Excluding for the fell periods,
12 Mos. Ended
paid,
Federal
.Pennsylvania Electric Co.—Earnings—
1697.
price decline.
$1,544,453
r 13,518
...
110,750
$2,218,791
17,196v„/'/V.', 4,271.
168, p.
Sept. 30—
earnings after taxes___„„_
Earnings per common share„__
$1,158,112
..'.386,342
—$164,619
income
other interests.—V.
to
Net
'
Total
and
dealers
Procter & Gamble Co. (& Subs.)—Earnings—
1-
'
p. 2123. '
seat
Jaques-Frazer
distributors
the
10,487,761
362,060
$343,316.; $2,081,037
$91,526
Operating profit—___
Other income——
the
and
Kaiser-Frazer
the
herein
the
means
possible.
the
\
9,907,4(33
445,400
5,972,597
582,012
6,655,915
629,534
sold—
goods
Admin,
$7,376,975
—
is
Playboy
1947
1946
1945
$6,897,925 $12,433,930 $12,027,933
1948
30—
sales
Cost
shall
such shares."—V. 168,
any
(& Subs.)—Earnings— ;
Phillips Packing Co., Inc.
which
tractor available for immediate sale, by
dealers.
Similar arrangements made with
provided many of them with a profitable
-business until the Kaiser-Frazer line of cars was in production.
Mr. Horwitz also took occasion to- deny rumors cf any plan:sell
Philippine Ry. Co.—To Pay Accrued Interest—
6 Mos. End. Sept.
finished
and
inches,
two
styling has provided one inch
is one inch more headroom.
The top
with simulated leather lining to match
improved
The Playboy company also announces that arrangements have been
completed with the Graham-Paige Motor Corp., making their Roto-
Street, New York, N. Y.—V. 166, p. 2314.
Net
The
the-e
and
Horwitz,
volume
'
Stockholders will
any
corporation.
the
to
commitment .to
a
2436.
p.
155,227,000 kwh.,' an increase of
corresponding week of last year.-—
to
the
over
the first mortgage 4% 30-year sink¬
ing fund bonds due 1337 at the rate of $17.60 per $1,000 bond will be
made on and after Dec. 27 at th$ Bankers Trust Co., trustee, 16 Wall
-;-T'
acquired
not
advantageous
considered
amounted
4.1%,
increased
been
wider.
room
President of Playboy, pointed out that the company,
ef course, is not abandoning its 100,000 cars a year goal.
He explained
that
the limited production schedule should enable the company to
operate on a self-sustaining basis until mass production in greater
week
of this company and its subsidiaries for the
1948
production
already in
seat.
Louis
or
has
inches
leg
insulated
now
the
Accrued and unpaid interest on
the same manner
-y.
•
has
is
$4.74
tiller
is required when final income figures are
change
any
-
corporation
11,
kwh.,
(The)
shares of its own common
stock since June 30, 1948.
However, it is the intention of the board
of
directors
to
continue
the
purchase of additional shares in> the
fqture at such times, at such prices and in such amounts as they
""The
i*68,
Revenue
opinion
cost, the excess shall be taxable in
from the sale or exchange of property.
gain
Dec.
'6,156,000
income tax return for 1948, and
Department, counsel for the
that, based upon present estimate' of
entire
year,
this distribution will not be taxable
the stockholders, but should be applied against and
cost
of
the
shares
to
each stockholder
and if in
Internal
the
such
of
a
be
the
the
excess
as
of
dividend
a
reduce
Hebden,^Treasurer,
S.
J.
-
Federal
the
of
the
by
is
investments),
on
$882,519
$936,519
$4.77
.
share—
2328.
The electric output
.ended
v.
filing
audit
corporation
cents
loss
or
and taxes
charges
common
width
two
alsrj
additional
Philadelphia Electric Co.—Weekly Output—
payment to 85,400 stockholders on Dec. 13
per share from undistributed net- income
the
50
168,
•
,
overall
is
1947
1248
Sept. 30—
after
income
Earnings
.
until
1 1
The
exterior, and interior of the 1949 production model of the
Playboy convertible has been completely restyled. both outside and
inside, giving it a bigger and more dashing stream-lined effect.
The
Philadelphia Dairy Products Co., Inc. (& Subs.)—Earn.
Period
>
the
place.
2929.,
p.
to
.
Playboy would have had to delay even ordering dies
proceeds of $8,500,000 had been received by the company.
assembly line with temporary conveyors for this limited
schedule.. Spray booths, dip tanks and baking oven are
common
by the banks having been
on Janj
10, 1949,-to holders
made
be
•
present . program,
dies are already
being made, thus
;eliminating one of the chief delaying factors in getting cars on' the
assembly line,
'
The company's own engineering staff is now setting up a shortened
approval
distribution,
plans.
financing
new
plans
With
Corp.,
held, in partial liquidation of
to the prior approval of the banks
Exchange
following
spring,
of the con¬
scheduled
000,000;
net
common
subject
and
Curb
above
the-
Pharis
company's
York
New
received.
of
company
hold
ex
par
will permit
This
call for more limited initial financing to expedite early
production.
Details of the .financing program, now being negotiated,
will be announced within the next two weeks.
Under its original financing program, with a stock issue of $20,-
stock¬
the distribution to its common
common share of its subsidiary^ Carlisle
authorized
shares
builder.
body
custCm
well-known
a
company to concentrate now on production
Buffalo;
Production of the latter is now
the
These
'
>
in
in
start
■
,
,,
Playboy
vertible
'
.
_
$1
one
two
Fharis
The
stocK
convertible
of
each
the
has
company
holders
shs. of 5%
(on 644,165
pfd. share
per
—
-
■.
-
with
'
New
168, p. 2436,
which
Net
of
Holdings to Its Shareholders—
'
$793,930
Federal income taxes—,—_T
taxes
(est.)
— ——
before
Federal
•
sold
coal
Co.
Trust
Pharis Tire & Rubber Co.—Plans Issuance of Carlisle
Peabody Coal Co. (& Subs.)—Earnings—
Quarter Ended Oct. 31—
Tons
conducted
Agent in New York Appointed—
Guaranty
1948
Monday, December 20,
CHRONICLE
FINANCIAL
&
York has been appointed agent in
New York for payment of principal and interest and to exchange,, reg¬
ister, and convert the 3%
convertiole debentures due Dec. 1, 1963.
The
this
of
Vice-President
elected
been
motion
Studios,
Lion
has
Jr.
Conversion
Vice-President—
Pathe Industries, Inc.—New
William
COMMERCIAL
THE
(2546)
Net
to
-V.
inc.
transferred
earned
"m-pius—
168, p. 2124.
•
Volume 168
Number 4761
v
THE
Rayonier, Jnu.-r1Em<ployees',Retirement Plan Voted—
The
stockholders
Income
Plan
DeC.
on
to "become
9
approved
effective
Jan.
Edward
Bartsch, President.- Full
the company.—V. 168,
p. 2013.
an
1,
cost
the
Plan
is
be
to
borne
Rochester Telephone
registrar
this
lor
issue.
See
New
York,
due
of
1963,
also
V.
trustee
been
168,
under
which
a
by
$8,500,000
appointed
paying
named
of
197,697
of
cumulative
common
stock
the
advertising
4%
offering
shares
is
now
preferred
with
returnable
are
stock,
$20).
(par
vested
the
to
Mr.
at
New
by
Otto
During
ture
the
of
bids
(par
the
15,815
on
including
In
1920
stock
of
$100)
two
e
Custodian.
Otto
established
Rohm
preparation
War,
the
for
of
in
the
hides
for
Philadelphia
production
in
organic
the
tanning
company commenced
textile
industry.
of
had
fungicides
and
henvv
the
chemicals.
Thereafter
dissolved.
In
synthetic
Resinou".
of
some
resins
was
the
company;
1926,
Products
Otto
&
for
in
use
operated
same
Haas
and
Chemical
as
Co.
certain
for
paints,
clcre
a
executives,
was
affiliate
as
the
Lennig
other
was
1942—._
patents.
Darmstadt,
ceived
1947
royalties
subsequently
having
in
G.m.b.H.
In
patents
paid
under
with
I.
into
exception
G.
were
with
of
of
o'
•
(The
in
before
the
the
I.
G.
with
of
the
of
agreements
to
with
covered
the
in
the
provisions
U,
bv
patents
vested
a^d
the
Rohm
the
these
under
of
comDany
a
for
business o*
direction of
Haas
the
ibfi
companv
into
of
was
of
Otto
in
com¬
n^w
for
and
com¬
is
-omewhat
OF
AS
OF
SEPT.
missory note dated July 1,
1948,
stock
"■Payable
issued
(par
in
pursuant
-Mutual
Life
$20)1———_
annual
to
instalments
loan
a
Insurance
of
agreement
$400,000
dated
$9,953,499
1939
14.020 237
29,888,016
37,252,343
49,133.287
1941—,—_
1943——
1944
38.488,023
53,580.614
...
1945—
1946
47,843.759
...
(9 mos.)
with
is
on
—
168,
2013.
p.
"
pfd.
stock,
stock,
E—
6,073,894
4,255,57.3
1 778 360
4 901
1
°69
provides
314'o70
24,
Dividends
have
of
the
been
business
company's
no
interest
rate,
bonds
due
bonds
due
%
bonds
due
3»/8%
3Va7c
bonds
due
3
bonds
due
due
Jhn.
The First- National
in
indenture
to
expenditures
plants,
to
under
pvjre
1003/4
_
101
............Price
West Bend
Price
101
__
1964
(Wis.),
trustee
Wisconsin. In the opinion
which
100V2
...Price
—
7-15-63
of
100
the
of
and
registrar.
cash
of
in
the
the
proceeds
financing;
lieu
of
The
building,
a
paid
indenture
without
congregation
church
be
number
counsel.
chased
by each
Witter
& Co.,
168,
John
has
funds
any
and
for
the
restriction.
now
constructing"
convent
occupied as the
additional school class
six
three
The
rooms.
L.
which
Dec.
estimated
valuation
at
upon
church
at
128,
p.
included
balance
to
is
area
unit
in
of
the
a
new
existing
of
converted into
total cost
of
all
construction
-
March
of
'
would
been
assume
vacant,
the
and
position
would
of
also
the
number
made
to
act
of
as
of
executive
that
the
changes.
Roy K. Ferguson
boaid, which has
President.
to
stockholders
order
65
14,
bonds,
Dec.
on
dividend
the
of
should
to
the
have
and
paid
the
issued
in
restrictive
"V
"■
"Net
in
the
of
be
amount
of
50
the
of
stock
severally
gain
$0.05
to
due
to
and
of
be
of
director
a
of
Distillers,
"
V
2162.
51,741
National
products
its
plants
is
still
stockholders
this
meet
continues
Shawmut
demand
alteration,
the
on
Dec.
on
the
unable
has
keep'
233,981
-
Federal
of
12
$5,461;
$0.91
income
tax
thereon
has
and
of
one
the
paper
before
the
of
the
and
sold
at
a
should
increase
Non-operating
Total
capacity
with sales,
similar
similar
the
to
rebuilding
about
machine's
the
July
one
1,
capacity
being received
for
the
now
the
of
one
1949.
by
in
for
$1,939; provision for
participation payment
$9,100;
gains
amounts
provision
which
would
Provision
Net
None
normal
The
est.
to
the
company's
schedule,
in
the
operation
for
"After
3
realized
if
all
install¬
machines
taxes
of
1948—3 Mos.—1947
this
month.
engineered
In
and
2,
9 Mos. 1948
839,878
950,198
$489,345
$1,625,977
41,599
26,695
$774,749
$530,944
$1,652,672
write-offs
44,088
taxes
and
$599,438
shares.
1049.
other
in
metals
9
months
410,000
$395,944
$0.09
-
from
1
$1,169,465
t$0.07
produced
of
$0.20
($256,723
1948).
+Based
addition,
a
construction
new
is
50%
Co.—Earnings—
-
[
revenues—
1948
;
Maintenance
Provision
for
"
:
—
1947
$5,325,638
$4,780,308
2,283,278
.
Operation
the
of these activities has
interfered to
production operations and all
plants
higher
than
in
1947,
the
laboratory facilities will
large power distribution
about
any
are
to
2,143,725
!
depreciation:
287,578
299,428
699,159
other than Federal income
taxes——
Provision for estimated Federal
income taxes
257,036
331,459
—
Taxes
Net
600,723
524,858
425,208
$1,199,306
commence.
material
extent
Other
,
earnings from operations—
income
' Gross
Interest
Net
(net)
$1,054,189
!
chgs. and
deductions
(net)
stated.—V.
Balance
—
168,
p.
2013.
Earnings
per
370,385
$1,424,574
269,188
:—
on
$1,373,610
preferred stock
•
244,289
$1,180,285
148,206
»
with
continuing to operate
other
income
Dividends accrued
443,491
$1,642,798
■
income
148,206
$1,225,404
$1,032,079
$3.43
$2.89
■
—
company
in
on
'.(Before depreciation and
write-offs.—V. 168,
(Subsidiary companies not consolidated herein)
Operating
is
reconstruction
approximately
New
73.207
135,000
$520,661
—
•
,
210,000
—
credits
1948
$2,576,175
17,457
Twelve Months Ended Oct. 31—■
construction
1949.
above),
$1,329,223
—
common
stated
$1,168,542
411,250
—
—
per share
months
as
Ltd.—Earnings—
Sioux City Gas & Electric
at
Marinette, Wis., plant is proceeding ac¬
stated, and pulp mill improvements
Jan.
Fed¬
invest¬
1259.
p.
revenue
deducting
5,944,432
p.
machines
report
by
Federal
National
additional
house
at
levels
be
est.
carried
profit
tEarnings
at
be
for
$757,292
income
Depreciation and
dur¬
operation
paper
/.
installation
two
the
on
/
investments, at quoted market
$4,038,728), $4,521,611; shares of
banks, $4,348,170; accrued interest re¬
,
satisfactorily
production
said.
now
be completed
job has been
at
system
1948
and
books
prov.
net
on
1948
$9,073,516.
Boston,
taxes
$0.92
ir.
$198,274;
expenses——,
engaged in a
improvement at all
The latter
year.
$17,300
been
progressed
machines,
end
of
SHEET, SEPT. 30,
suburban
total,
$184,418
390,000
390 000
——
share
Period Ended Sept. 30—
Net return from
copper sales——
"Costs and
the
up
10,900
$359,903
175,485
$119,304
$420,283; total, $9,073,516.—V, 168,
9.
company
modernization
program
to
9,100
——
income
3,183
1,591
corporation,
distilling sub¬
that
$370,803
above, $62,600; common stock,
capital surplus $3,233,727;
earned
surplus $317,267;
un¬
realized appreciation of
investments (other than bank stocks
[$482,8831
less provision of
$62,600 for Federal
by Sales—
so.strong
75,905
$362,385
$5,000,000;
this
Inc.,
$294,898
'
1947.
were
7,500
"$310,644
-
$353,285
taxes,. $28,600;
Shawmut Bank of
ments
26.816
———i—_
LIABILITIES—Accounts payable,
pur¬
'
dividends
■.
common
income
1947
$329,214
23,252
:
per
eral
and
"
$338,796
securities.
ASSETS—Cash in banks,
prices
(aggregate cost
the
bank
255.
p.
4 900
and
period
shares outstanding,
stock
Mellon
168,
3%
"''k■.
BALANCE
capital
the
shareholders—
est.
ceivable,
by
capital.—V.
The
30, 1951,
proceeds,
the
1948
interest
sales
common
per
held
Co.
May
Of
tax
for
$34,800 in
1955.
—
Boston—-
Earned per
30,
agreement
an
Trust
dividends-.---,———_
participation
to
"After
note
a
working
under
&
beginning
Sept. 30—
from
earnings
Common
Nov.
—
of
Bank
instalments
on
repay
added
$7,000,000
National
expenses
from
for
Surplus
99.57%
cents
to
$20,242
Nil
borrowed
1
Dividends
the
on
principal underwriters and
common
1948—9 MOS.—1947
"$64,706
Association—Earnings—
income
income
Net
un¬
4,774
program
for
for
completion
to-
$5.50
$0.05
Mellon
A"
•
Bank
ownership
a
regular
the
:
A
will
the
on
$18,841
half-yearly
used
was
Balance
company
1945,
year
company
dividends on
the
the
in
payment
was
remainder
Federal
provi¬
paid
since
the
final
Administrative
of a new
building
additional finishing equipment at Scott's
Cut-Rite
Sandusky, Ohio.
Production
of
Cut-Rite is expected to
materially increased when this project is placed in
operation.
which
share
per
2137.
p.
with
Shawmut
None
holding
common
expected to materially increase
are
1946,
$0.07
126,000 shs.
been
stock
Until
in
was
pay
names
company's
announcement
Bids
24,
$1.37V'2
$27,520
corporation
24
payable
9 Months Ended
30,000 shs.
be
may
167,
Income—interest
shipping conveyor is now under construction at
the Fort
N. Y., plant where work will begin in
January on a new
-
Account of Arrears
on
1948—3 Mos.—1047
•
share—
26
Nov.
$6,000,000
$3,926,000
and
common
1932.
stock
Nov.
are
with
of
6,365
p.
Edward,
pulp preparation
Chester.
and
stock,
com.
notes
.
new
share,
per
current
making a total of 55 cents per share
(including 23 cents from capital gains)
$1.25 from capital gains) in 1946.—V.
167,
90 cents
quarterly
prior
loss.—V.
Net
250,000 shs.
affected.
A
from
Shamrock Oil & Gas Corp.—Borrows from
Banks—
Prov.
dividends
yice-President and
President of Schenley
completed
are
cents
25
18,
cents
(including
last year, and
regular
On
ing the past half year, the company stated.
At
the Chester,
Pa.,, plant a new hydrapulper has been
installed
to handle the increased
production volume; a pilot plant for
bleaching;
pulp is now in successful operation; a new Yankee
Dryer has been
be
of
Dec.
:
24,
"Net
.
Outstanding
80,000 shs.
a
told
to
in
dividend
a
record
of
three preceding
quarters,
Earns, per
follows:
as
Scott
the
company
Work
Chairman
continue
a
was
Shares, Inc.—25-Cent Dividend—
the directors declared
29
(R. B.) Sender,
Inc.—Earnings-
,
.
*
regulation
additional
Co
program of
plant,
its plants.
Work
1632.
Co.—Makes Executive Changes—
The directors rr> Dec.
15 acted on
Following .the meeting, announcement
15G.
p.
American
10,
Dec.
Period End. Sept. 30—
Net profit after taxes—
.
ex¬
amount
Inc
&
for
of
cording
a' St. Regis Paper
168,
including shares thereof underlying allotment
certificates, has also been declared,
payable Jan. 1, 1949, to holders
of record Dec.
21, 1940.—V. 168, p. 1590.
PRESENT,; FINANCING
Authorized
Scott Paper Co.—Production
Exceeded
division
buildings under
This
dividends and interest on
portfolio securities, plus equal¬
credits.
A payment of 10 cents
per share was made in each
The
D
the
on
declared
are
elected
Demand
being
aggregate
$397,285.
completion
$849,011,—Vv
the
Dec.
dividend
for
be
may
estimated
an
TO
additional
made
was
Leban,
scheduled
basement
and
The
building projects is estimated
total
the
building,
temporary
the
*
v
is
new
now
congregation
(d)
1948,—V.
Operating profit
ations
bonds,
cents
10.
have declared a dividend of
$1.57 per share on account
accumulations on the convertible
stock, payable Dec. 27, 1948, to
holders of record Dec.
20, 1948.
This compares with $1.50 paid on
1949
year
2329.
p.
been
will
the
12>/2
Dec.
includ¬
Co
&
Schwabacher
out
securing
of
lecord
of
,
stations,
pump
Shortly before the public distribution
shares
of
Dean
bonds
toward
the
the
congregation
school
shall
(b)
stock
common
amount
of
25% over the amount oi dividend
paid dur'ng
three quarters of the
previous fiscal year which ended
income
installed
are
being issued provides that
by the trustee (a) to
pay the
liquidation of the
temporary loan made
by- the congregation in
anticipation of the
completion of the bond
issue;
and
(cL toward
financing the cost of
constructing certain
permanent improvements on
the propertv
of
the
cost
the
on
the
holders
increase of
last
30,
dated
expenditures
-
paid
UNDERWRITERS—The
this
Price
in
year
to
The directors
-
•
output
7-15-58
1-15-59
28
dividend
a
fiscal
Sherritt Gordon Mines
follows:
l-15-54__..
7-15-54
declared
this
Dec.
Selected Industries
Inc.—$1.57
Schenley Industries, Inc.—New President of Unit—
....
liabilities
1404.
p.
2298.
may
—V.
$13,889,183 $12,783,510
7-15-51
an
of
on
p.
early part of 1945 the board of directors
adopted the
having the company pay dividends in such amounts as
the
fix at regular quarterly intervals on the first
daysv of
April, July and October.
Since that time regular
quarterly
of
In
to
Sept.
ization
the
policy
board
1948—11 Mos.—1947
offering price
to
1-15-52
15,
in
and
1-15-50
Bank
Legal for trust funds
The
date
serially
serially
serially
serially
current
accumulated
which
Elworthy & Co.——L
$300,000 first mortgage serial
bonds.
2'/2%
$0.50
and
directors
1947 and $1.60
40,000 shs.
C,
quarterly
011
Blyth
2437,
the
quarter
1948, compared with
A—
legal
common
attempt
sidiary—V. 168,
2%%
$624,311
$0.69
(including dividends
share payable Dec.
15, 1948) totaled $5,085,093
payable
Selected
1931.
Co.,
company's cumulative preferred stock since its issuance in
1941.
commenced
Ames Congregation,
Milwaukee, Wis.—Bonds Of¬
fered—B. C. Ziegler &
Co., West Bend, Wis., on Nov. 30
offered
The
$854,428
$1.02
1948, current assets totaled $15,909,962 ($10,-
1947)
in
due
B,
B,
to
DIVIDENDS—Regular
.
3,829 368
3,329,650
7,
fixst
of the
On
St.
/
30,
in
EFFECT
series
that
amounts
4 690 065
p.
375,000
$1,448,765
$1.26
Clara,
———
2,712,000
income.—V. 168,
600,000
30,
the
pumping
equipment.
——
3,111,500
2,286,901
14,883
510,473
595,312
190,000
share
of
.
stock—.
2.843,214
2
Dec.
share,
payable
Project and $250,000 for trans¬
serviie connections and meters
new
deposits
series
January,
dividends have been
0.?16,0a9
1948—Month—1947
$1,632,539
$1,525,345
Oct.
Water
share.
068,609
1,847,314
1
Jose
approximately $500,000,
excluding
series
subject
sions of the indentures.
Rose's 5, 10 & 25-Cent
Stores, Inc.—Sales—
-
Is
pfd.
1,759,707
6,042,630
7.801,565
6,541,368
California
San
wells,
GIVING
bonds,
4 470.897
5,616,551
taxes
$368,413.
on
privately through
bonds, 3%
gross • capital
is
Dam
and
extension
2,072,160
4,637,887
39,113,063
Period End. Nov. 30—
Sales
—V.
cum.
Cum.
stock
*
as
$1,030,000,
line
quarterly basis.
Net
523.2^6 '
898,623
$1,546,798
public utility water company
Town of Los Gatos, Village of
estimate,of gross capital
3%
4% %
Penn
Income
$139,233
874,663
992
inc, taxes
Sept,
represents
extension
1948
mains,
such
accessories
1,384.793
8,111,289
6,485,202
3>7.9« 1,0?5
for
on
722,055
1,298,687
—_
per
at
the
per
a
of
1,
1975———:
stock (par $25):
Capital
shs!
note
Income
34,689,799
47,060,232
provision
Taxes
$307,650
2.282,986
7,456,953
7,°17,112
42,602-,127
35.44^.661
47,124.9'74
1947——52,842,057
"Before
""Net
Income
$7,141,443
9.409,276'
11,571,145
19,263,848
26,019,570
1940—17,700.203
mtge,
NOV.
■
EARINGS—1938-1948
Prod. Sold
Net Sales
1938-i——
'
AND
Cost of
Year:
"
1948,
1
in
the
-'VU
First
and
SUMMARY OF COMBINED
SALES
1948
1,
The
items,
"Indenture
$3Q shs,
769,229.05
each.
July
Co.
P1
of
Company is
Austrian
distribution
from
Common
$3,000,000
l^oooshs.
ul.000 shs".
l.Obo.OOO shs.
the
other
present
limited
A——.
1866.
CAPITALIZATION,
Outstanding
$6,000,000
series
Common
On
for
r,
due Julv
1, 1963————
Preferred stock
(par $100)
4% cum. pfd. stock,
1,194,168
Securities Acceptance Corp., Omaha,
Neb.—Larger Div.
$150,000 which may be expended in
connection with the Austrian Dam
Project.
This estimate for
1949
includes
$790,000 for transmission
and distribution mains, new
"service connections and
meters, $178,500
for
wells, tanks and pumps ^nd the balance of
$61,500 relates to
various items, such as
storage and pumping plants, purification facili¬
ties and other accessories
and equipment.
■
1743
30,
Authorized
for
and
and
and
COMPANY
,
successor
the
approximately
.
pr
1,704,020
drill.
by
various
pended
Philadelphia
benefit
CAPITALIZATION
3%
in
incorporated
was
ultimate
in
$250,000
pumos
offered
the
$2,024,330
aggregating 80 cents per
(1947, $2,708,587).—V.
168,
capital
mission
Otto Haas.
Dr. Rchm died in
1939, and the
represent,
shares formerlv held
of
re-ord
in
a
of Dr. Rohm and his
children whmh were vested
by the
Alien
Property custodian in 1942.
Mr.
Haas,
who
is
an
American
citizen, is the principal stockholder
and
chief
of the
executive
company, end alto owns about 40%
of the stock of Rohm &
Haas G m.b.H,
Prior to World War II
the company and Rohm &
Haas
G.m.b.H. had
certain
buMness
and
contractual
relationships
including the agreement with
respect
to
acrvlic
products
and
an
agreement
with
res-ect
to
dh'ision
of
territorv.
The
between the twe
relationship
companies was
terminated by World War II.
The'
patent contracts betwen them
were cancelled bv
the consent
and
at
the
judgment,
present
time there
are
no
contracts
between
the
two
companies.
'
■
' •-■
-
shares
•trust
profit
341,058
"
EXPENDITURES—The
served
The
Rohm
commenced
49,719
$2,362,786
loans.
NOTE—As of Sept.
.
City of San Jose,
and adjacent territory, all in the
County of Santa
estimated population of the area served is
170,000.
The
ing
Eastern
was
'
at
of
Said
:
Darmstadt
Dr.
$1,974,611
42,583
$3,916,556
deplet., amort,,
Earnings
offered 15,913-shares of common
$30.50 per share.
Further details
agreements.
The
present estimate
the remaining four months
•
G.m b H.
direction
$2,320,203
153,248
—
Net
rapid increase in population of the
the company has made
necessary or desirable sub¬
expenditures for replacements and additions
to enable
the
company to extend its system.
Gross capital expenditures from
Jan.
1, 1947 to Aug. 31, 1948, totaled
$1,875,743, including expendi¬
tures from funds advanced
by depositors pursuant to line
Haas
judgment
the
$25)
-
CAPITAL
Proo-
from
consent
Court
Nov.-24
(par
stantial
asreement
enjoined
in
District
$3,763,308
costsbank
on
Prov. for Fed.
series B, due Nov. 1. 1975. The
issue was purchased by
John Hancock Mutual Life
Insurance Co. at 98.18 and int.
area
and
General.
$5,108,071
$5,149,505
intang.,
and devel.
etc.
Oct.
on
for
Interest
extensions.
which
&
Regis
1,148,865
:
_
Prov. for
ing working capital used for
additions, extensions and improvements,
defraying a portion of the cost of future
additions, extensions and
improvements of properties in the
ordinary course of business and of
refunding, in accordance with the
company's applicable rules, exten¬
sion deposits advanced
by depositors for
agreements,
the
Attornev
thereof
S.
•"
of
re¬
patents
Rohm
"
&
of
also
product",
respect
,
of
field
company
St.
1945
$3,123,476
1,308,532
^
income
Prov,
in
PURPOSE—Company intends to use the proceeds from the sale of
•the additional common
stock and the proceeds from the
sale of $500,000
first mortgage 3%
bonds, series B, for (a) the purpose of
repaying
'bank l^ans in the
aggregate amount of $200,000 obtained from Crocker
First National
Bank, San Francisco, to defray in part the costs of
the company's 1948
construction work and (b) the
purposes of restor¬
Farbenndustrie.
In
by the company and
accrued
number
a
patents
are
Germany und»r
(he
under
the
Ahen
the
certain
18,
1943, in
Pennsylvania.
business
menced
intd
1935) and I. G. Farbenindustries
(entered
thereunder had been vested bv
the
Nov.
of
on
under
terminated
anv
entered
District
to
were
accrued
field
Farbenindustrie,
agreements
plying
was
acrvlic
(entered
the
be^nging
patents
$500,000
the
field,
on
Cal.
patents acquired in about
manufacturers of chemicals
at
acrvlic
aggregating $716,000
1934) whose interests
erty Custodian. • All
with
the
entry
been
1946
$3,628,735
41,134
Balance
Other
Works—Common Stock Offering—As
issue of Nov. 29, Dean
Witter & Co. and as¬
our
Saratoga,
-
certain
G.m.b.H.,
has
rejoined
serving water
common
company's
upon
Haas
under
approximately
licenses
&
Germany.
licenses
The
based
was
who
Company is the
was incorporated
an
enzyme
bate used
preparation of hides in
tanning leather.
As the
companv has
widened the
range of its products it.has
acquired many other patents,
either through
purehace or through its own
research, and is licensed
under"
additional
as
and will be employed
by the
He plans to establish his own office
Total
COMPANY—Company
was
products
from Rohm
Adams
1947
$5,200,480
1,437,172
of
director
a
1948
2,207,947
$7,316,018
mortgage
?
the
1934
R.
appointments
VicePresidents.
Del.—Earnings-
Sept.30—
revenue-..
Oper. & gen, expenses
Martin
each
personnel,
acrylic
as
B.
the
Sale of Bonds—The
company has sold
Dean Witter & Co.
$500,000 first
conducted
in
William
continue
and
of Carl
been
follow:
coatings.
companv,
Cshcell
sociates
The
purchasing, account¬
legal and other departments.
On
Sept.
14, '• 1948,
merged into the companv, and its
sales are now
being
by the Resinous Iroducts
Division of the
company.
The business
of
the
company was originally
based
upon
patents
covering the invention bv Dr.-Otto
Rohm of
ing,
Resinous
Beeman,
stock
manufacturing
and
of
and
will
resignations
Vice-Presidents
as
consulting capacity.
a
noted in
oper¬
organized
of
purpose
varnishes
as* well
and
associates
the
Cancell
the
of
San Jose Water
leather.
business
Resinotr.
Beeman
made
.
plastics,-
Lennig
Seaboard Oil Co. of
3 Mos. End.
the
of
2329.
p.
manufac¬
acrylic
15
an
as integral
part of the company.
In 1945, the company acquired
remaining stock of Lennig, and as of Dec.
31, 1947, the assets and
of Lennig were
transferred to the
the
also
was
in
of
acquired approximately 98%
of the
capital
Lennig & Co., Inc., which was engaged in the manu¬
of
Vice-Chairman
Vice-President of Powell River
Co., Ltd.
Mr. Adams is in
charge of production of certain of the
company's
kraft paper mills
including those in Northern New York, and is also
a
V;ce-President of Taggart Corp., a St.
Regis subsidiary.—V. 168,
company
l'ne
a
insecticides,
of
1, last, to become General
Manager of Manufacturing of the Printing. Publication
and Converting
Paper Division. Itnmediately prior to
returning to St. Regis, Mr. Cancell
and
blocks'
Bids*
the
Dr.
the
World
Charles
facture
ated
first
and
in
used
position
Watertown, N. Y,
Mr.
chemicals u-;ed in
the
Subsequently, the
widened the range of its
products by developing other chemi¬
company
cals,
Haas
bite
created
"
York,
business
1909
newly
charge of manufacturing in the
Printing, Publication and Converting Paper
Division, will continue to
act in an
advisory capacity but will devote his major attention to the
affairs of Finch,
Pruyn & Co., Glens Falls, N. Y., of which he is now
Vice-Pi'esident.-
The
enzyme
R.
A.
Martin
Mr.
and
O.fice of Alien Property, 120 Broadby 3:30 p.m. (EST) on Jan. 17', 1949.
company,
whose principal executive offices are at
222
West
Washington Square, Philadelphia, was
incorporated in Delaware April
23,
1917, to take over the
way,
the
■
A
of
Property
Lyman
Eenton
Stocks—
for
series
Ownership
Alien
(2547)
'
.
Operating
company in
of
principal
agent
to
Announcement
2437.
p.
Rohm & Haas
Co.—Bids for Purchase of
Attorney General Tom C. Clark is
shares
is:ue
new
CHRONICLE
Allen,' a director, and President of the company's subsidi¬
Florida Pulp & Paper Co. and the Alabama
Pulp & Paper Co.,
aries,
was
Corp.—Trustee, Pay'g Agent, Etc.
Guaranty '' rust Co. of
4%
sinking funu debentures
amount has bet.:
issued, has
FINANCIAL
board.
and
The
&
James H.
Employees' Retirement
it was announced by
1949,
of
COMMERCIAL
share,
common
stock, 356,814 shs.
16
(2548)
To Merge Iowa Public Service Co.—
A
plan for merger of Iowa
been filed with the
SEC.
To
effect
to
poses
the
42,500
Public
Sioux
merger
issue
Service
City,
shares
of
Co.
into
Sioux
f
the7surviving
as
$3.75
The
new
rate
2.2
of
mon
is
common
(about
to
32%%)
shares
be
each
share
offered
publicly
for
new
company,
owned
of
the
for
share
of
the
for
Period—
-Week Ended Dec. 7-
.
1948
earnings
—V.
1947
$
6,045,193
168, p. 2438.
now
V.
168, pp.
Co.
stock
common
is
needed
The
$
$
Corp.
Wholly-Owned
(&
From Jan. 1 to—
Approved—
sales..
"After
eliminating
from
A.
S.
Shoe
sales.
Corp.
but
and
earnings
of
A.
foregoing figures.—V.
Operating
168,
dividends
re¬
Net
unreal¬
estimated
share
Net
the 445,500
on
3
665,271
410,232
20,019,284
17,204,590
186,413,699
153,882,231
15,165,029
14,289,859
taxes
Operating
Qper.,
revenue—___
$5,966,419
expenses.L_
4,908,055
etc.,
Net
oper.
Other
revenue___
Gross
$2,788,651
24,232
income____
income
income
$1,304,725
$2,812,883
$3,799,230
23,835
3,891
384,484
489,373
48,759
1,027,402
1,439,420
15,970
13,008
57,727
44,434
*
tax
tax___
12,839
Gross oper.
Operating
Sept. 30—
A
.
report to the
revenues
„
$2,458,966
$3,561,249
$3,135,149
1,407,176
2,063,651
1,766,512
151,225
171,622
204,373
206,491
239,202
319,991
313,101
*
238,966
'
-
•
leases
33,804
order
inc.
Gross
2,459
8,973
2,624
110,485
151,687
146,903
119,750
101,550
140,317
&
$392,668
$663,287
$511,764
6,067
4,203
13,951
4,999
___
$490,669
$396,871
$677,238
$516,763
53,524
53,865
78,236
69,272
103,427
102,553
137,657
132,870
$333,717
other
Subsidiary
$240,453
$461,345
$309,026
deduc.
companies
"Special charge
"Equivalent to reduction
financing.—V. 167, p. 2693.
Acid
&
in
Federal
income
tax
resulting from
re¬
Sulphur Co., Inc.
—
New
Split-Up
Stock to Receive Dividend of 5-Cents per Share—
The
directors
on
the
of
record
have
declared
$5
par
value
Dec.
10.
The
new
a
dividend
stock,
common
old
recently split-up on the basis
167, p. 1851.
stock
common
of eight new
held.—V.
five
of
cents
payable Dec.
of
no
share
per
to holders
23
value
par
shares for
each
old
was
share
3.
Period End. Oct. 31—
1948—Month—1947
$
Operating
1948—10 Mos—1947
$
19,319,202
revenues
Uncollectible oper. rev._
$
*
66,859
66,170
revenues..
643,107
16,016,716 175,691,009 140,723,311
13,649,268 141,905.992,121,373,576
1,374,226
18,593,479
12,070,274
oper. income
after charges
—V.
168,
p.
2,155,271
993,222
1,739,655
564,289
Southern California Edison
revenues
Operation
Co.—Earnings
589
9,118,515
7,394,740
1,621,176
2,285.917
7,588 965
2,850,000
12,710 ,000
12,300,000
1,693.000
!'
Fed.
taxes
1,535,000
6,130,000
9,140,097
9,129,703
24,392,848
35,392 ,037
on
Other taxes-——__
2,681,827
2,394,784
3,295 500
9,960, 328
Prov.
2,489,624
2,321,993
9,790, 866
for
Amort,
depreciation.
of
acquisition
adjustments
65,451
Net
operating income
Non-oper. income (net)_
Gross
income
Income
Preferred
—V.
261,805
$3,629,055
$14,415,088
$13,765,258
409,436
391,761
1,959,963
1,373,144
$4,020,816
$16,375,051
$15,138,402
1,690,791
1,187,362
5,549,876
4,645,429
$3,464,844
____
$2,833,454 $10,825,175
$10,492,973
El
168,
Salt
Lake
and
A
These
Inc.
La., $3,500,000, and Cranfield, Miss., $3,200,000.
with these major items there has been a large number of
projects for the improvement of manufacturing, marketing,
transportation facilities.
Capital expenditures on these various programs during the past three
approximate $190,000,000, exclusive of outlays for exploration
years
and
producing development.
The total domestic capital and exploration
including producing, exceed. $400,000,000 for the three-
expenditures,
period..'
year
Gross crude oil production by the company and domestic subsidiaries
during
new
recent
the third quarter averaged 286,000 barrels daily. This marked
all-time high
and continued to reflect the growth trend of
years.
■
v-:■ _/
;
\
Two companies in which Standard Oil
Company of California for¬
merly held a majority interest have become whollv owned subsidiiaries
through the purchase of the minority holdings. These companies are:-.
California Spray Chemical Corp.. one of the world's
largest manufac¬
and marketers
of
insecticides,
fungicides, and weed killers; and
California Refining Co., which operates
—V.
a
refinery at Perth Amboy, N. J.
4
168, p. 2329.
Oil
•Standard
Co.
(Ind.)—Places Loan Privately—On
Nov. 23 company sold to the Equitable Life Assurance
Society $10,000,000 of 23A% 15-year debentures, due
Feb. 1, 1963, and on Nov. 30 there
$0.59
Co.—Equipment Trusts Offered
—
A
annually, Jan. 1, 1950 to
The certificates issued under the Phila¬
bids,
each
New
15
on
a
Salomon
Lehman
Bros.
Brothers,
&
Hutzler,
99.346;
a
bid
2%%
of
99.06991,
an
coupon,
were
High Records—
99.611; Harriman Ripley & Co.,
Corp., 99.318.
The First Boston
the
offering group were R. W. Pressprich & Co.;
A. G. Becker & Co., Inc.; Equitable Securities Corp.; Harris, Hall &
Co. (Inc.); Hornblower & Weeks; Otis & Co. (Inc.); L. F. Rothschild
& Co.; Shields & Co.; Wm. E. Pollock & Co., Inc.; First of Michigan
Freeman
&
Co.;
Graham,
Parsons
&
Co.;
The
Illinois
Co.;
for
Sued
Members
filed
this
corporation sued 18 directors
for accounting of all profits since 1943.
of
13
or
in
1946, the corporation was known as Standard Aircraft
During
the war it manufactured
precision instru¬
6,
Inc.
aircraft.
directors
It
is
now
manufacturing
assemblies,
lamp
pre¬
and other items.
and
former
in
named
directors
suit
the
are
Robert
Casey, Albert H. Ellinger, John Golob, Arthur Meyring, R. H. Hammert
and L. G. Zarbock, all of Dayton; Thomas E. Wilson of Pelham, N. Y.;
Frank
Neher
N.
of
Greenwich, Conn.; Warren C.. Dubois of Brooklyn,
N. Y.; Harry G. Sparks of Jackson, Mich.; John B. Farwell of New
York; William Warfield of Washington; William M. Goss of Waterbury, Conn.; A. J. Barlnger of Larchmont, N. Y., and John E. Wood
and
J. Howe.—V.
Fred
Sterchi Bros.
168, p. 2163.
'
:
.
Stores, Inc.—Sales & Earnings—
Nine Months Ended Nov. 30—
/ '
1948
1947
profit per share after all charges, including
provision for Federal income taxes——___$2.85
$2.59
v
Net sales for the third quarter ended Nov. 30, 1948, were $3,837,748
and for the first nine months sales were $10,882,490.—V. 168, p. 2014.
Net
Sterling Aluminum Products, Inc.—Stock Dividend—
Board
The
15
issuable
each
of
Governors
of
to
shares
two
the
of
York
New
Exchange on
Curb
Dec.
123,250 adidtional shares of $1 par common
stockholders at the rate of one additional share
listing
for
approved
stock
held
of
Dec.
record
Sterling Insurance
1948.—V. 156, p. 2046.
20,
With
Chicago, 111.—Registers
Co.,
SEC—
^
The company on Dec. lo filed a registration statement with the SEC
covering 25,000 shares ($2.50 par) capital stock.
Stock is being sold
by three stockholders who will grant a discount of $1 per share to
brokers and dealers on original sale.
The price is $12.50 per share.
Container Corp.
Stone
Period End. Sept. 3fr—
Net
sales
"Net
$1,052,142
.119,019
$0.17
.{Earnings per share—
ently
charges
and
1948—9 Mos.—1947
$7,030,733
$8,736,789
$978,726
102,890
$0.15
v—
profit
"After
(& Subs.)—Earnings—
1948—Month—1947
{Based
taxes.
828.037
$1.18
700,000
on
$1
1,696,700
$2.42
shares
par
pres¬
outstanding.
At
Sept.
rent
cash
1948,
30,
alone
of
covered
$1,203,687
aggregate
cur¬
payables of $759,623 by around 1.59 times.
Total current assets
at $3,460,929 and were 4.57 times current liabilities.
Net
listed
are
was
equivalent to $3.86 per share of
compare with net working capital
share reported at Sept. 30, 1947.
Net
tangible assets applicable to the equity were equal to $7.60 per share
at the end
of last September in contrast with the $6.74 per share
on
Sept. 30, 1947.—V. 167, p. 2299.
>
working
capital
common
stock.
of
of
$2,701,306
These latter figures
and
$2,433,772
$3.47
per
.
,
.'•>*{.?
•'?
"•!:
!*■■i;
«'■..
'i•
,■
...
.
f■
■■
■
■■
■;
■
Sunray Oil Corp.—Completing New
.Gathering Lines—
corporation has made the following announcement:
The
receive
better
To
and
deliver
crude
oil
to
and
from
oil
leases
and
pipe lines in the Velma area of Stephens County, Okla., thi3 corpora¬
tion is completing approximately 25 miles of crude oil gathering lines
all directions from its
In
Velma crude oil pump station.
*;
;
Already completed is a four-inch line.from the Velma pump station
northeastward to the Tussey, Okla., pipe line outlet of the Kerr-McGee
Industries,
for
crude oil exchange
A four-inch line running
to connect with the Interstate Pipe
purposes.
six miles northwest of Velma
some
completed. .This line makes it possible for
Sunray to receive high gravity sweet Chitwood crude for special segre¬
gated blending uses at the companys catalytic-cracking refinery at
Line
system has also been
"
Duncan,
completed line also runs three miles south of Velma to miscellane¬
producing leases and Sunray is taking several thousand barrels
crude daily direct from producing leases in the area at Alma, Chit-
A
ous
of
wood,
Knox, Doyle, Cruce, Velma, Sholem Alechem and Tussey.
started
Construction
to
Velma
from
last
week
Interstate
Pipe
on
a
Line
new
can
4-inch
system's
deliver to or receive from
Island, Stanolind, or Interstate. ..V
'?
000,000
of
capital
new
expenditures
spent during the
executives said.
A
summary
follows:
of
the
in
first
line
IV2
miles
station
Tussel
Mid-Continent,
Sohio,
long
where
Rock
1947
nine
together with part of the
of this year," the
Nine Months Ended
of
the
Oil
(Indiana)
1947
1948
group
Increase
168,
p.
36%
15%
18%
70,141
25%
Dapp,
$890,439,551 $621,310,603
43%
Canada.
-
The
Tulsa,
(New Jersey)—Scrip Agent—
The Guaranty Trust
Co. of New York will act as agent of holders of
(New Jersey) capital stock scrip certificates, series E,
purchase additional scrip required to have full share
or
sell their
scrip certificates.—V. 168,
p.
offering
the
Initial
company
program
has
a
contract
with
Stanolind
Oil
&
Gas
Co.
of
(a subsidiary of Standard Oil of Indiana), under which
of its property are being seismographed by Stanolind
expense
to Surety Oil.
Under this agreement Stanolind has
Okla.
19,840
Standard Oil Co.
desire .to
The
.
will be used to repay loans and for the
of development.
company
has oil reservations and leases on acreage in the
Leduc, Westlock, Bruderheim, and Bashaw areas in Alberta,
of
Proceeds
company's
1735.
Co.
is making a public offering (as a specu¬
at $1 per share.
pany
631
191,458
87,507
Standard Oil
The company's Duncan
of 999,993 shares of common stock of this com¬
lation)
363,669
856
pipe-line traffic, million barrel
—
and others.
Oil Co., Ltd.—Stock Offered—Willis E. Burn-
side & Co., Inc.,
429,049
..
miles
who
Wood River, Skelly, Magnolia,
refinery is currently running approximately 18,000 barrels of crude and
charging stock daily.—V. 168, p. 2163.*
,
;
;
220,176
.____,
Total sales
—V.
Co.,
months
Standard
Sept. 30—
Avg. net production, barrels per day_
Avg refinery runs, barrels per day__.
Total
Through exchange facilities at Velma, Sunray can deliver to or receive
from 23 separate producers including those named above, the Texas
oil
Surety
record
interest
received.
Dec.
on
aircraft parts
Sunray
meeting the increased demand for petroleum products, this com¬
and its subsidiaries have been making and then breaking new
high records in every branch of the business, Dr. Robert E. Wilson,
Chairman, and A. W. Peake, President, revealed on Dec. 10.
"The greatest factor in making possible this result was the $220,-
certificates issued
specifying
Corp.—Board
Ohio,
for
The
acres
without
right to select a drill site on the property upon which it does
seismography and to drill a well for the joint
account of both
the
companies.
2231.
organized under the Companies Act of the Province
Canada, by letters patent dated May 26, 1948, with an
of 1,500,000 shares of $1 par value stock.
If all
The company was
2.309%.
other
stock on
In
Total wells drilled—
1804.
Dec.
$50,000,000 of de-
•?
$0.64
awarded
were
bentures outstanding. The proceeds will be used to aid
the company in its construction program.-
$1.70
outstand..
Other members of
Corp.;
California Co.
St. John,
$184
were:
and
for The
.Along
$642,856
was
cycling plants
smaller
$1,069,435
'
cents
70
stockholders in approxi¬
had 5,095
company
stockholders
was
Until Aug.
pipe line to that point from Rangely Field, Colo.,
have been largely completed.
Ultimate cost will
a
combined cost $7,500,000;
$670,034
$828,017
-
of
Montgomery County Common Pleas Court
by Elizabeth Devlin.
It accused the directors of an
scheme and conspiracy" to use their control over
for personal profit instead of for the company good.
funds
$15,000,000.
pipe line from Kettleman Hills to Los Medanos tank farm
near
Richmond, $3,800,000; sulphur dioxide and acid treating plant at
El Segundo, $3,800,000; new crude, still units at El
Segundo and Rich¬
company's
issue
of
.
refinery)
boiler
$172,000,000
delphia plan, were immediately reoffered by the group,
at prices to yield from 1.45% to 2.45%, according to ma¬
turity. Sales is subject to ICC authorization.
The
convert by-product
176-mile
4,772,180
1959, inclusive.
(to
sidiary, at Hico-Knowles Field, La., and Brookhaven, Miss., and one
has been completed at Rangely, Colo. The cost of the three Is
$6,200,000.
Other major projects completed since the war's end include:
5,077,937
on
dividend
extra
an
plot,
Products,
For
Operations are under two new subsidiaries,
.'Salt Lake Refining Co. and Salt-Lake Pipe Line Co.
\
Natural gasoline plants are being built by The California Co., a sub¬
4,981,386
_____
suit
Dayton,
facilities,
4,774,354
group headed by Halsey Stuart & Co. Inc. was awarded
Dec. 15 $15,740,000 2V8% serial
equipment trust certifi¬
cates series Z, due $1,574,000
Three
ever-increasing demand for petroleum products.
new
City,
related
969,530
Southern Pacific
cost
in part:
10 said
Dec.
Main
office
and
laboratory buildings,
plants, $1,900,000.
Oil field research
laboratory at La Habra, $1,000,000.
>
;
New projects in
the Utah-Colorado region, including a refinery at
1,193,890
p.
on
the company's foreign interests. More than a third
estimated net income for the period was derived
■
....'•
•
'
Segundo
$1,600,000; two
1,442,181
share
declared
new
1,194,646
stock
at
Facilities, etc.—
stock for detergents, or into high-octane gasolines) $2,100,buildings for California Research Corp., $1,700,000.
Long Wharf at Richmond refinery has been modernized at a cost of
$5,500,000, with a concrete causeway extending a mile from shore to
a
half-mile pier that provides increased
berthing space for tankers.
Construction is fireproof.
000;
dividends
per
for
pany
$5,155,635
_______
Remainder
com.
261,805
1948, the
1,
of
group
The
$0.47
providing
into
gases
dividends
Common
Earned
65,451
$4,746,199
Int. and other deducts..
Net
$858,408
$0.11
after
6,425,120
3,260,000
________
income
„
$81,544,831
of Nov.
ments
plant, $3,750,000; propylene polymer plant
turers
1948— 12 Mos.—1947
1948—3 Mos.—1947
frequency chnge.
for
Prov.
7,279,461
3,648,983
10,991,052
$25,675,792 $22,476,940 $93,414
Maintenance
Prov. for
15,191,538
2162.
Period End. Sept. 30—
Operating
■;•)"
the end of the war this company has been busily engaged on
of new facilities and plant modernizations. This year will
completion of such major projects as:
(At Richmond refinery) New packaging and grease plant, $7,000,000;
a
Net
directors
capital
company
former directors
Since
and
448,053
6,709,952
$8.19
$8.78
stk.
mately 44 States of the Union.—V. 168, p. 52.
the program
$
16,082,886 176,334,116 141,171,364
19,252,343
Operating expenses.... v 14,816,685
Operating taxes____:_'___
2,280,387
Net
As
mark
at Lake
Operating
$0.76
outstanding
Steady progress on the company's program of postwar construction
Many have been finished this year or brought well along
mond,
:
Southern Bell Telephone & Telegraph Co.—Earnings—
,
the
meet
^approximate
M
1,338,335
7,898,446
1942———
(excl, patents)
31,
2,006,651
1,385,000
3,292,620
3,292,620
1,337,873
;
toward completion.
5,595
Income
Southern
to
-{At
company
Net
V
,
Southeastrn pub. serv¬
ice
$318,640
$1,380,639
shares
common
projects.
153,950
$484,602
__
inc.
income
Interest
649,252
spent $52,000,000 during the third quarter,
the total for nine months to $136,000,000.
Exploration and
production expenditures accounted for the greater part of this sum.
wax
Oper.
218,060
these purposes the company
33,804
8,970
6,758
112.288
taxes
Non-oper.
906,175
bringing
1,551,184
taxes
inc.
Subs.)—Earnings
Dec.
9,277,007
-
2,041,355
1,385,000
stock, payable Dec. 29 to holders of record
has paid four quarterly dividends of 25 cents
the latest on Dec. l to stockholders of record Nov. 18.
this year,
$1,507,660
Co. of California—New
from these sources.
,
Deprec. & depletion
Non-produc. well drillng
Fed.
1946
1947
$536,700
1. The growing importance of operations in the Rocky Mountain and
$2.12
$2,664,773
expenses
Abandoned
1948
$2,286,814
stockholders released
$2,302,535
1948—12 Mos.—1947
10,070,801
deprec.)_
Including an extra of $1 per share paid on the common
Dec. 29, last year, dividends in 1947 totaled $2 per share.
A
Operations of this company for the third quarter of 1948 gave further
emphasis to these phases of its activities:
$1.55
(&
the
22.
cision
Standard Oil
$1,678,993
Service Co.
4,018,359
10,584,319
share_____„
common
1,514,694
$0.74
1948—9 Mos.—1947
the
13,
cn
The
Dec.
2. Large expenditures in the form of
capital outlays for increased
plant facilities and for exploration costs in the search for more oil, in
Maintenance
General
12,043,063
11,326,921
L_j—_________
per
on
$798,451
Southeastern Public
Period End.
15,384,868
1,104,135
charges
■___
& foreign inc. taxes-
Gulf States, and of
of the $39,461,000
1590.
p.
Dec.
share
per
Squibb & Sons (& Subs.)—Earnings—
$0.59
168,
since
sh. of com.
per
'
$13,295,366
5,314,370
——
Standard-Thomson
$636,745
-V.
1,300,079
preferred dividends.—V. 168, p. 2014.
35,093
$1,061,035
deductions
Federal
2,458,934
1,967,361
profit
"Based
$3,764,136
6,461
On
2329.
p.
"Earnings
14,956,430
$1,298,263
income
Months Ended Sept. 30—
Net
$18,720,567
2,671
Income
State
$5,238,716 $19,712,199
3,940,452
16,923,548
surplus
value
"unlawful
1948—12 Mos.—1947
$1,058,363
income
187,078,970 154,292,463
151,320,419 123,748,809
1,614,652
19,708,412
17,190,359
2,395,321
charges-
168,
SHEETS
$15,385,171
:
Declares Extra Dividend—
61,255
Prov. for U. S.
(& Subs.)—Earnings-
1948—3 Mos.—1947
Book
1948—10 Mos.—1947
17,265,845
operating
BALANCE
J
surplus
Earned
American
parent,
revenues..
(E. R.)
2162.
Southeastern Greyhound Lines
period End. Sept. 30—
1948—Month—1947
___
CONSOLIDATED
liabilities
Paid-in
ACCOUNT
66,331
Earnings after
i
costs.
material
and
IN
Accounting—
Shoe Corp., a controlling
Corp. of America, are not included
p.
reflected in the company's unfilled
approximated $15,000,000 as of Sept.
at prices subject tp change in the
"Includes earned surplus prior to Jan. 1, 1943.INCOME
20,085,615
expenses
after
—V.
Beck
S.
interest of which is owned by Shoe
the
$3.18
{Including
per
its
to
ITEMS
assets
each
1,416,377
excluding
intercompany profits. • {Equal to $3.17
shares of common stock
outstanding.
stock
common
rev._
oper.
Operating
$3.17
ized
NOTE—Sales
$70,000,000
revenues
Uncollectible
Operating
;
inter-company
Beck
Subs.)—
1,411,810
__
share____
common
sell
COMPARATIVE
$26,255,150 $22,799,414
:
earnings
{Earnings per
in
to
company
of the
the application
approved
Sept. 27,'47
Sept. 25,'48
+
wholesale
and
were
working capital—!—
Property, plant, and equipment (less
Common stock (shares of $1 par)
"Capital surplus
___________
Telephone & Telegraph Co.
Period End. Oct. 31—
America
of
all
labor
in
is
firm,
as
Net
6,652,162 305,461,511 274,819,567
Commission has
S.
P.
plan.—
2438 and 2162.
'■Total retail
ceived
the
execute
Missouri
Operating
Shoe
tNet
to
revision
Current
-
.
Southwestern Bell Telephone Co.—Issue
outstanding.
City owhs 510,070 (66.32%) of the Iowa Public Service com¬
shares and proposes to cancel these as part of the merger plan.
The $3.90 preferred shares of Sioux City are to be undisturbed.
Affirmative vote of holders of two-thirds of the existing Sioux City
Electric
Current
1948
Sioux
&
building
car
regarded
Substantially
of
event
in
Those
Sept. 30,'48 Sept. 30,'47
Jan. 1 to Dec. 7
com¬
mon
Gas
activity
1948.
30,
PRINCIPAL
1947
$
Gross
the
at
City
shares of Sioux
428,176
The
orders.
Southern Ry.- -Estimated Gross Earnings—
258,995
and
Iowa,
Monday, December 20, 1948
pro¬
preferred
common
CHRONICLE
FINANCIAL
&
Hayden, Miller & Co.; Edw. Lowber Stokes & Co.; McMaster Hutchin¬
son
&
Co.; Mullaney, Wells & Co.; William Blair & Co.;
Clayton
Securities
Corp.; Alfred O'Gara & Co.; Thomas' & Co., and F. S.
Yantis & Co., Inc.—V. 168, p. 2438.
City has
stock and to
change its common stock capitalization to 2,500,000 authorized shares.
The new preferred is to be offered in
exchange, share for share,
for
an
equivalent number of Iowa Public Service $3.75 preferred
shares now
outstanding.
shares
COMMERCIAL
THE
Standard
Railway
Equipment Mfg.
Nine Months Ended Sept. 30—
Sales
Net
Common
Earnings
The
after
shares
per
income
1948
taxes
of
$1.93
Nov.
1,
1948
had
5,095
through approximately 44 states of the union.
1,385,000
$1.97
of
Ontario,
authorized
of
the
capital
presently
outstanding.
2,731,622
1,385,000
outstanding..
as
1947
2,676,862
share.
company
Subs.)—
$18,135,312 $16,254,083
a
profit
(&
Co.
offered shares are sold, all authorized shares will be
.
prospectus revealed that Gene Tunney, former heavyweight
has been elected to the company's board of directors.—
168, p. 2231.
The
champion,
V.
stockholders distributed
(Continued
on page
56)
Volume
168
Number 4761
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2549)
17
♦
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY USTED ISSUE
Range for Previous
STOCKS
Range since Jan. 1
Highest
Year 1947
Lowest
Highest
f per share
$ per share
66% May
90
Dec
Jan
63% Oct
14
Apr
13% May
J8%
55
43 %
30% May
6
25%
Oct
Jan
Feb
7 Va Feb
Feb
19 % Nov
9
Feb
99
Nov
10
Nov
5
30
37
Feb
10
58% Oct 23
67
Nov
26
16%
Dec
31%
Jan
14
Dec
75
Dec
102% Aug
65
Feb
56
Jan
76%
Nov
27%
Dec
48%
Feb
2% Nov 22
Feb
10%
164 /
104
Apr
12%
Dec
18
May
29% May
Nov
Dec
7% Dec
xl71
&
Aldens Inc
4%%
May 21
May 24
$4.50
Apr 23
198
.
May 17
Allied Chemical &
17% Dec
17
21% Jan 30
Allied
Oct
26 % Dec
15
Feb
11
81
Mar 21
30
Jan
39% Mar
Dec
105% July
42% Oct
30% May
Jun
99%
Oct
•
91
26% Nov 30
73
Dec
42y8May27
98
6
Jun
Co
3
'
3%%
18%
45%
45
18%
38
38
1,200
3,000
18%
18%
*35
100
41%
28%
28%
28a/4
28%
283/a
28%
28%
3,300
2.1 '/a
21 %
xl8%
19%
193/4
19%
193/4
20%
23,700
18,800
14%
14 Va*
67
67
20
20%
*100%
•2%
20
103
2%
14 J/4
14%
2%
2%
2%
50%
68
2%
49%
49%
*67
70
24%
par
No par
*103
gtd__100
*95
.1
*8
No par
*67%
24%
102%
24 J/2
14 J/a
66
2%
2%
50
45%
70
*67%
24%
24%
*95
98
8
8
8
181
181
179%
181 Va
179 %
1793/4/
19
*17%
18%
27 J/2
*17'/4
17%'
*92
98
8
8
7%
7%
700
X177
177
174%
178
2,100
*7%
8'A
26%
28%
28%
28 J/4
29
x28
83%
*81 %
83 J/4
82
83
*82
28%
27%
75%
27%
27%
26 J/2
.
*102
102%
•
600
-
173/4
17'%
17%
300
26%
26%
28%
28
26%
28 3 4
10,600
831/4
831/4
83%
500
19,100
2,600
28
27'A
27%
271/s
27%
27
75%
.
6,900
98
28%
77
25
*92
27%
27%
69
24%
98
83%
75%
10,800
*95
28%
28%
10,800
*102
84
77
*67
69
24%
102%
130
23/4
47%
46
102
*17%
26j/2
77
2%
47%
102
27%
27%'
15,300
1,100
14%
65%
98
27
3%
14%
67%
28%
28%
*83
3%
14
*102
*17%'
18
20
103
33%
*66
8
*
19%
*100%
20%
103
14%
28%
*27%
100
473/4
70
24%
2%
*95
184
'
2 s/8
50
*67%
25%
2%
103
8%
18
69
24%
♦1003/4
67%
14%
*66
2%
19%
20%
103
102
98
*179%
5
No par
*67
25
103%
2 3/4
2%
*66
50%
*100 3/4
103
2%
50%
19%
20%
*100%
2%
100
preferred-
conv
3,800
X28%
14%
—
2%
22%
2%
Allied Stores Corp common__No par
4% preferred
—;
~100
Allis-Chalmers Mfg common_No par
3
Jun
Kid
46%
183/4
1,900
81
23/i
41%
18%
*38
66-
65%
*76
3
21%
69
Allied Mills Co Inc__;
25
34% May 20
37 Vs May 15
45
46%
653/4
81
22%
1
Dye__
Feb
36 %
2%
29%
*67
6%
2%
Shares
29
*14%
& West Ry
Allen Industries Inc
*76
81
for
the Week
28%
2%
—-100
preferred
46
.
65%
65%
Sales
Dec. 17
$ per share
21%
preferred-No par
conv
46%
Friday
16
*28%
5
Ai
2%
18%
41%
20
Allegheny Ludlum Steel Corp_No
conv
*45%
18%
103
l
65%
*76
2%
*38
19%
common—
66
18%
*100%
Allegheny
$2.50 prior
46%
*40
Dec.
I per share
Sper share
81
2%
Thursday
Dec. 15
43
18%
18%
43
65%
*76
3
No par
common
preferred
65%
43%
46%
18 %
*40
PRICES
Wednesday
S pei share
81
2%
Ry
—100
Mining
10
Gold
preferred-
5%%
11% Jun 14
3
Inc——
Allegheny Corp
May 13
96
*
65%
*76
2%
*46
___1
No par
Vlcksburg
Juneau
34
8
Mar
10
Co
Corp
Reduction
Alabama
Alaska
75
2
Mar
81
2%
HIGH SALE
Dec. H
$ per share
66
"'76
2.50
Co
Express
109
13
66
No par
22%
90
91
90
Nov
202
May
16
24'A Nov 30
102
Nov
Air
4% May 15
Feb
44
27% May 15
108
2% Nov
6%
No par
com
AND
Tuesday
f
Dec. 13
I per share
Par
Addressograph-Multigraph Corp__l0
Admiral Corp
——1
May 18
4% May 20
21% May 21
80% Jun
2
Dec
5%
Acme
27
41% July 27
22% Dec
8
10
2% May
25% May
Steel
Adams
Adams-Miils
8
112
1
23% May 15
46% Jan
3%
90%
55% Jun
16
Monday
Dec. 11
Co
Motors
16
38%
Dec
ACF-Brill
11
27% Dec
Saturday
Abraham & Straus
9
Dec
10%
Nov
Abbott Laboratories
2
May 14
6% Jan
Dec
Oct
LOW
STOCK
,
14% Feb
45
38
40'A
May
100
Oct
60
May
100
2% Nov 30
Feb
YORK
EXCHANGE
share
79% Jan
1
78% Oct
10%
38
$ per
6 per share
July
87%
110
Jun
57/a
NEW
Lowest
'
75%
76
753/4
76
76%
27%
76V2
26 J/2
26%
26 J/2
26%
3%
26%
1,200
26%
'
t
24% May
5% May
35
Jan
-
8%
x25
Nov
10
•
31% Oct 20
■<
3% Nov 24
Feb
6% May 17
J
46
Nov
10
50
Dec
83% Feb
20
121
Dec
36
10
Jan
Apr
Mar
73
51
107
34% May
7
50 %
Dec
50%
11%
Dec
31
9
77%
Mar 22
Mar 22
American
~7%
73/a
7%
53
51%
52%
58% Feb
9
70
20%
20%
6%
preferred
50
American Bosch Corp class A—1--1
*60%
62%
*61%
631/a
*611/2
20%
63%
*11
12
11%
11%
*11
11%
9% Mar 17
32 % Nov
26
Nov
3
'
111
Jun
3
Amer Brake
'
4%
American
Amer Cable
24
21
28%
Feb
Feb
Aug
18% Mar
92% May 14
177
5
27
28
110
4
51
Sep
26%
Feb
15 % Nov
6
20 % Jun
18%
Dec
24
Feb
15% Dec
17
22% .Jun'
88
Dec
102
Mar
Dec
13
94
33 % Feb
10
86
48% July
Oct
6%
94% Feb
Jan
46
7%
May 18
19
25
Feb
5
11
Jan
American
25
4%%
16
2
17% July
14% Mar 16
19 Va Oct
Dec
20% July
13% Dec
16
19
15
2
Dec
1% Sep
20
4% May 15
89 % Jan
9
6%
Feb
115%
Jan
42
7Vi
Dec
25V4
Feb
74%
Dec
101'A
Feb
37
July
42%
Apr
37
5% May
9%
Oct
55
Dec
6V4 Nov
Nov
15
Apr
Distilling
7% Jan
10V4
Jan
10
90
106% Mar
13
92
Oct
10% Feb
11
Nov
13% Jan
5
Feb
16% Dec
16
Jan
95% Feb
27
Jan
5
Jan
13
15% Jun
14
19
24
Jun
26% Jun
108
3
Jun
9
Hide
6%
American
Ice
6%
7%
Range since Jan. 1
Highest
S per share
7%
Lowest
16
40%
101
*101%
44 y4
45
1
24%
*5%
*78
,
43'A
17%
*95%
STOCK
121/4 Nov 30
21% May 24
94% Jun 10
Amer Mach 6s
15
11
10'% May 27
Amer Machine & Metals
35
American
Feb
>6% Feb
July
24% Mar
9
93
Dec
Dec
14%
Feb
X6
i/a Dec
16
28% May
39%
Feb
29
Feb
10
7
16%
Feb
6% Feb
28
July
93% Dec
8% Jan
35
Dec
9
7
4%%
2
American
preferred
Amer Power
6s
151%
151%
15%
151/4
15%
85i/2
*831/4
841/2
*83%
84%
391/2
39%
393/v
101%
100 J/2
100 3/4
*100
303/4
303/4
30
5%
5%
31
*5%
5%
13%
13%
1,500
1%
1%
1%
1%
1%
1%
1%
6,500
47%
5,200
,
44
45
-
Light
3%
24%
37
37
37
6
6
12
93%
*92%
6'A
34%
8%
8%
6%
<
34%
8%
6%
34
8%
24%
6
24%
6
7%
3%
49
37%
600
3%
'. 3%
3,600
*46
24%
24%
48
24%
6
6
*77
12
*12
12%
12
12
16%
16%
16%
17 1/4
97%
*96%
11,200
6
79%
17 Va
3,100
2,700
*37%
*77
16%
100
42
79%
16%
16%
Wednesday
Dec. 14
*29%
3%
*46
*'
79%
700
.
100
1,800
700
17
16%
17
9,300
97
97
97
200
HIGH SALE PRICES
Tuesday
29%
*92%
*16%
3%
49
*961/4
Thursday
Dec. 15
I per share
'6%
„
24%
*77
17%
6%
7
3%
79%
97
12%
93%
6%
*46
171/4
*73%
7%
37
18
7
39
24%"
6
12"%
44%
7%
38%
49
*77
75%
44%
6%
38%
3%
*46
12%
44
6%
39%
97
I per share
46
38
37%
*37
12"%
No par
42
6%
1%
39
18
Dec. 13
35
1,0C0
*15%
75
*6%
5%
15%
12%
35
30 :,/4
13%
Monday
*92%
5%
15%
75
1
30%
5%
13%
par
,——No par
1,900
1,300
14
97%
17%
—100
—
30%
51/4
20
100%
15%
5%
29%
Co
100
8,300
♦13%
16%
29%
101
1,100
-
39%
'
31
*16%
29%
400
393/4
12%
com_No par
1,300
15%
39 J/8
12V4
7
43%
151/4
xl5%
79
75%
6%
Molasses- Co
News
15%
50
7 43%
*83 J/2
12%
*6%
15%
16
16%
No par
443/a
*143/4
2,000
108%
83%
100
Metal Co Ltd
American
11
11% Jun 24
Fdy Co com—No
preferred
*43%
151%
400
21
21
♦107
13%
24%
*96'A
I per share
45
107
40%
12%
Dec. 11
Par
44 J/4
*16%
Saturday
EXCHANGE
21%
107
*15
3,300
82
18%'
4
5%
18
21
480
32
*81
*106 J/2
107
174
311/2
13%
49
79
98%
21 yB
»173i/2
100 "/a
46
24%
13
803/a
174%
*17%
1%
3%
16%
82
15,000
14
*46
6>A
6,900
81%
174
39%
37
80
81%
82%
174
*83 J/2
LOW AND
72 % Dec
32 %
*15
37
*16%
100
15%
6%
*12%
1
common
43
38 V4
24%
7,700
82
7
4
3%
82
39
49
8
3%
83 J/2
6%
4
7%
3%
*81J/2
38%
*46
8
33/8
83%
21
200
7%
33
21%
3,700
"
3J/2
31'A
107
100
33
103%
8 "A
333/8
37'A
*37
*103%
33 J/8
106 J/2
3,600
19
1%
<,
32%
103J/2
173 %
38 %
1
Sper share
3.90%
'
104
14
7
813/4
103 %
33%
15%
86
40%
82
42 J/2
*
16>
86
1%
-No par
Sep
15%
Dec
16%
40%
50
Jan
Dec
7
15%
8
,33/8
*
37,100
3,700
•
33%
33%
103'/8
174%
21
*
43
'
1%
com
com
NEW YORK
Highest
.
I per share
x26% May
8%
15%
STOCKS
Year 1947
28%
43
16%
33'A
103 %
83 J/2
107
*17%
preferred
Range for Previous
42
63
11%
7%
33 '/a
•
21%
21%
*106%
18%
•>
preferred———..100
Locomotive
■
107
81%
83%
13%
'
American International Corp.No par
American Investment Co of 111-.
1
American
83%
34%
104
X173
33%
13%
Products
Co
non-cum
82 J/4
175
33%
*17%
40c
Co
Leather
&
Home
81%
*173%
33
5%
preferred
conv
American
82 %
174%
•
5%
No par
—
American
_
3 J/2
5%
Foreign Power com__No par
$7 preferred
No par
5
53
8%
3%
*5%
17
26% May 20
8V4 May 21
8
3%
20
43 V* May
11
8%
3%
—1
*6%
25
8
33 %
30%
Amer 6s
Hawaiian SS
*103
30%
Co_
American European Secur
American Export Lines Inc
American
34%
103%
31%
38 %
Jun
101
100 %
No par
6
33%
*30%
No par
10
20% Feb
Lowest
preferred series A_ 100
Encaustic Tiling
*11
87
$7 2nd preferred A
46
I per share
39%
*85
$6 preferred
Jan
30%
'16%
12
Jun
116
com____10
100
com——_10
Sugar
24
x34 %
13
...
*15%
14% Jun
22% July
6
May
14%
42
10
.
77% Jan
15
Dec
No par
16
Dec
5% Dec
Crystal
*61
11%
103%
104
21
16
.3% Dec
79
21
*106%
Cp^
63
*11
84
No par
American
26
16
*83
No par
Cyanamid Co
conv
32%
.
Cable
American
7% May 20
Jun
81%
*173%
>
par
100
prior preferred
3%%
3
49% May 21
_25
Co_
*61
11%
3%
100
&
63
*11
-
8%
3%
common,
Colortype
American
-
8%
Inc
preferred
Chicle
American
Oct
107% Jun
,Feb 26
American
3
1
1
Co
*61
r*
34
-
*103%
:
Chain
non-cum
15
Jun
43
5%
34
_100
:
Fdry corn—No
preferred
American
'
com_i_ No par
& Radio Corp
American Car &
Aug 23
Dec
38
Co
Shoe
American Can Co
1%
preferred
•
May 21
104 % Jan
common-:
preferred:Broadcasting
6% Jun
100% Jan
Nov
6
preferred>_^_10C
conv
9% Nov 22
SViNov.lO
conv
cum
.
.
14% May 14
43% May 15
21
103
May 19
30
118 %
3,200
1,200
•
'
'
73/a
74
56
100
37
20%
Jan
110
2,000
91%
36
52%
115%
Jun
91
37J%
73/4
May
Dec
92%
*36'A
203/4
94
181/4
X903/4
RT%
3
80
7%
'
73/8
3%%
14
Dec
37%
203/4
Jun
102
36 J/2
RV l/o
49% Jun
18% May
37%
73/4
18
May
37%
21%
29
9% May
97
38 %
RA1/0
76 Va Feb
12
95 »/2
38
7%
28 V8 Nov
Apr
96 %
38%
21
163 % Oct
Jan
96
38 %
1,200
'
3%
47
53%
Sep
49
98%
7%
Feb
37
96
21%
Mar
Dec
96
3%
♦43%
44
54%
54%
86
44
7%
Feb
99
3% May
3'/2
3%
44"%
21%
196%
13
3%
54%
Dec
Dec
*44%'
21%
May
25% May
3%
44'A
7%
54%
23
36
101%
27 J/8
3 J/2
*43 J/4
45
54%
Nov
166
38% Dec
*43%
94%
1
common—
*26%
3%
3%
-,
21%
110% Nov
20% May
105% July
47% Oct
Airlines
Corp.—No par
Chemical_No par
3%
45%
.
10
Feb
Dec
Agricultural
3%
'
*44
American Bank Note
47
6% Sep
75%
Petroleum
27%
*26%
50
29% July 13
Feb
May
10
Amer
preferred
9
17%
~3%
Amerada
9,
68
convertible
18% Mar
50
Dec
May 21
52% Jun;
16
6%
1
Jan
-
May
107%
2
Jan
•.
No par
com
Jan
Mar
.
May
36 :I
Nov
6yaOct
Apr
80
20% May
65% Dec
44
Alpha Portland Cement
Amalgamated Leather Co
/
Friday
Dec. 16
I per share
Dec. 17
$ per share
12%
12%
12%
12%
12%
12%
13%
75
72%
73%
12 Vz
72%
72V2
74
6%
*6%
6%
6%
6%
6%
29%
29%
29%
29%
93%
93%
93%
29%
93V2
6%
6%
34 %
34
6%
34
-
93%
x6 Va
*33%
.
6%
30
30
93%
6%
34
8ales for
the Week
I per share
93%
Shares
14,300
760
1,400
1,100
40
6Va
4
6%
800
33%
33%
800
8%
26,700
8%
8%
8%
85
Dec
8%
129%
Feb
80 Va Nov
30
95% May 14
$6
preferred
No par
83
83
83 '/a
84
83
83'A
81%
82%
76%
82%
84
Dec
H71/2
Feb
69% Nov
85
87
30
86% May 14
$5
preferred
No par
72%
74
72%
73%
71%
72%
72
73
73'A
75
12% Feb
13
16% May 21
Amer Rad & St San'y com—No par
7% preferred
—100
6,200
14
*170%
73%
14%
73 %
Feb
14%
13%
14 y8
13%
14
13%
14
13%
14
19,700
*170%
171
*170%
171
*170 Va
171
'
11% May
170
17
Dec
186
Oct
162% Nov
3
176
Jan
27
12% Jan
9
com
9% Aug
151/4 May
16%
Feb
22%
Feb
16% Feb
14
28
Oct
25
American
par
34
42%
Oct
38
Sep
27
46
Apr
12
Amer
par
46% Feb
11
Jun
48% May
142
.70%
Dec
32
July
Dec
40
Dec
158
25% May
37
23'/4
Jun
21
Jun
136%
1
Dec
172
31
Jan
125
Oct
Jun
41 '/a May
7%
Oct
American
8
27
Stores
2
Apr 22
24% Jan
5
American
10% Dec
American
Dec
20
Oct
174%
■
Feb
82%
Feb
163% July
34% Feb
13
116% Mar 15
17
Dec
10
147% Mar 17
54% Mar 29
131
Oct
1
Dec
46% Feb
14
120% Aug
115% Nov
9
60
8%
Dec
6% Dec
Jan
50%
Oct
X33% Nov
110%
Feb
95
Jun
103%
Feb
76% Mar 16
5% May
10%
Jan
681/2
62
May
691/2
Apr
51
16
Feb
25% Oct
36%
Dec
38%
Dec
30
35
Nov
51
Jan
Nov
111% Mar
46%
Jan
58% July
14%
Apr
24%
98
Sep
46% Mar
Dec
9%
Dec
3%
Jun
6%
Apr
39%
Oct
30
For footnotes
Jan
see
8
24
page 23.
Nov
Jun
9
10
104
Jun
2
112% July 28
8% Jun 24
67
6%
5%
Tobacco
Tobacco
—
7%
Works
Co
Woolen
16
preferred
xl49%
100
&
14
Anderson,
36% Jun
16
Anderson-Prichard
A P
7
36%
*95
61%
118
7
36%
Clayton
53%
54%
54%
54
32%
130
32%
*128
150
33%
130
148%
32%
*128
148 %
32%
130
149
33%
*128
6%
150
33%
130
280
34
1,000
130
149%
27%
27%
27%
27%
26%
271/4
21%
21%
21%
21%
21%
22%
*11%
11%
11%
IIV4
11'A
1,200
38%
38%
38%
38%
39 %
40%
11%
39%
39%
40
2,600
120 %
120%
*120%
40%
122
*16%
17%
*16%
17%
149%
149%
150%
*120'/4
62%
135
61%
118
7
36%
122
17 Vi
149"%
149%
63%
61%
62%
135%
*135%
135 %
61%,
118
7
37%
61%
135
122
61%
135 %
60%
61 Va
60%
60%
117%
117%
*117%
117%
7
36%
7
37%
7
36%
*120 %
17
149%
60%
134
60
117%
7%
6%
36%
36 %
17
150%
7
36%
96 %
*95
96 Va
*95
96
*82
84%
*82%
84%
*80
82
5%
5%
5%
5%
5%
*52%
53'A
*51%
52%
52V4
521/4
33%
33 %
33%
32%
32%
32%
52
52
53
53
34
33%
33%
33
33%
32%
33'A
33%
33%
33
33
33
*102%
103%
54
53%
53%
Corp—__lo
23%
23%
23%
23%
20
:*10%
11
10"%
10%
26
*4%
28
26
4%
28
25%
25%
25%
25%
25%
*102%
103 %
*102%
103%
♦102V4
54%
*53%
54%
23%
23%
X22%
22%
10%
10%
10%
10%
*4%
4%
27%
X4%
*53
27%
27
4%
27
*53
22%
*10
*41/4
26
60%
118
100
150 V8
22,100
10,500
60%
60%
700
600
135%
117%
4,600
17 Va
60%
*95
5%
150
122
135%
96%
57/a
17
61 Vs
84%
5%
♦121
134%
*95
4%
150
34
*128
11%
*82
28 %
4,200
22%
5%
*4%
2,000
54
53%
4,600
28%
82%
28%
700
39%
11%
96%
5
6%
23%
27%
5%
:No par
6%
23%
*39
*21%
103
:
4,300
12
82%
26%
8%
12
*52%
Co Inc
54 %
54
*25%
Archer-Daniels-Midland
39
149
*102%
Copper Mining
23%
39
55
_2iys
Co
Oil
6%
23%
39%
150
Corp com__12.50
6s
6%
23%
—50
Cable
preferred
W Products
63
136
6%
23%
*39
No par
11
Andes
62 %
135%
-
39%
No par
$5 prior conv preferred
$4
■
7;
23%
—25
:
Jun
6% May 26
3
34% Jun
151%
$4 conv prior preference
No par
Lead & Smelt com—1
60% Jun
Apr 20
151%
100
Amer Zinc
Wire
14
17%
Inc———5
Copper Mining
2
17%
common—No par
Anaconda
107
*167/a
61%
Anchor Hock Glass
3
*119%
6%
171
23
22%
38%
,
*170%
*39
39%
28%
100
122
7
23
27%
12
38%
171
*21%
27%
*117%
38% Jan
9
*32%
*128
22%
—100
13
5
32%
130
26%
"
Corp common—14
10
41
54%
150
*11%
100
Viscose
American
32%
*128
54%
148
*21%
25
common
preferred
Am Water
1
5
common
preferred
American
148
23
*39
100
Refg
Sumatra
American
397/a
No par
Anaconda
Mar 17
4% Mar
71% July
120
5
9
6%
7
24
53%
1
—100
,
May 19
% May 27
45% Jun ,2
18% Feb 11
Feb
16
Mar
American
*6"%
*39
par
Foundries—No par
Co
No par
American Tel & Tel Co
68% Jan
144
10
8% Apr 22
11
Steel
171
*23%
1
25
_.
preferred
158% Jun
56"% July 28
Nov
non-cum
American Sugar
7% preferred
17
10
6%
41
May 21
131% July 15
20% May 25
29
21
30% Feb
42
Mar
Jan
5% Dec
30% May
101%
coin
Stove Co
May
261/2
9 (J
Snuff Co
21% Dec
Jan
Feb
Xll6%
American
29%
10
5
.-100
28% July
Dec
Apr
preferred
9
47%
Dec
7%
26
146%
*
35% May 18
140
Am
Jan
May
62
Mar 19
Nov
68
May 27
163% Jun 11
Safety RazorSeating Co
No
Ship Building Co
—No
Smelt & Refg common—No
35% Jun
May
135
Mar 10
American
25% Nov 29
Feb
34
18%
139
M&r
-
116
149%
6% Nov 29
14
*170%
8%
61
118
450
5,200
180
6%
6%
2,400
36%
36%
5,700
*95
81%
5%
96
82
5%
400
2,300
52
521/4
180
33Va
33
331/4
18,600
33
32%
26 "A
33'A
1,040
26'A
800
103%
102%
IO2V2
100
54%
*53%
54%
100
23%
22%
22%
10,600
26
11
4%
26
*10
11
400
*4V4
4%
100
26%
26%
1,300
18
(2550)
THE
COMMERCIAL
NEW
B»HK« for Previous
Year 194"?
Range since Jan. I
Highest
9 per share
$ per share
t per share
,
-37%
Feb
May
9% May
109%
Feb
89
103
Dec
17
71% Dec
101% Jun 25
15y8 May 19
106
38%
Jun
55
Jan
41% Feb
Dec
110
Feb
88
Jan
29
103
Nov
9
14
Sep
19
Jan
Jan
9
56% Jun
10
91V*
11
*110
*14
6% 1st preferred
7% 2nd preferred
Associates Investment Co___
100
*99%
100
*91
10
30
Feb
134
Feb
87% Dec
3
111
106
May 10
July 9
25
Dec
34
Sep
26
Jan
5
35
Jun 11
66
May
99
Jan
84
Feb
11
120% Sep
2
x98
Dec
112
Feb
96
Mar
3
107% Jun
3
23>/2
Jun
62
Jan
77
Mar
13% Nov 29
45
Feb 24
25% Jan
6
66
Sep 10
31%
Apr
40
Dec
30
40y2 May
34% Feb
'
105
Nov
113% Sep
91
Dec
105
Aug
91
21% May
Dec
22% Mar
27% Jan
57
Apr
12%
13-
17%
15y4
Dec'
29%
Dec
99
Oct
19
114
12% Nov
19
Nov 10
4*/2 Feb 26
22.
May
Dec
16
13% Feb .11....
16% Jun
13%
Dec
24%
Feb
11% Dec
16%
Feb
10
14,*
42%
18
15% Feb. 11.
13% Feb 10?
3iy2 Jun
22
Bangor
60
80% May 12
Conv
Dec
55% Jan
40% Nov 30
59
28y8JUly
28% Jun
54 V*-, Jan
20'% Nov 30
36% Noy- 29
39% Dec
31
Feb
11
45
Jun 1544% May
7
9
Nov
10
16% Mar 31
Dec
Apr
8%
Dec
,
19%
•
Feb
11
18
Jun
24%
Nov
16'A Dec
15.
23%. Jan
De(j
62
Jan
31
Feb
13,"
17%
110y2 Jan
'
108'A
5% May
29
Jun
: '
16
24%
28.
May
17% Sep
10
Jan
21.
Nov
Feb
68
.!
24%
19%
35%
'
Apr
32%
2i% Jan
Feb
26% Dec
Nov
9
Range for Previous
'
t per share
$ per share
25
May
12% May
—
^
36
14-
May
Jan
—
16
li
19% May 18
24
14% Sep
Dec
9
17% May 15
29%
Nov
59
Feb
x23
Dec
13
89
Dec
116
Jan
61
Nov
26'"
96
Jan
Dec
67
Jan
31% Nov
3
51
Jan
19
35%
Feb
16% Dec
13
49%
Jan
37% Nov 30
,65
102
Oct
42%-Feb
Sep
Feb
39V2
Feb
Dec
13%
Feb
81
Dec
96
Jan
Dec
18%
Feb
30
-
May
40%
30% Nov
90
Dec
15%
__
Feb
63 x
i
Feb
31%
1
23% May
Jan
109%
Dec
x33
6% Nov
92%'Oct
Apr
8% Dec'
25%
Jun
95
Dec
106Va
Apr
20%
Dec
27%
Feb
20%
Nov
15
13% May
120
May
69
80
26
May
14
Nov
9
Sep
28
Feb
20
Feb
65
Feb
38%
May
22V2
Dec
104%
May
Jun
95Va
Feb
Jan
Dec
Apr
13
24% Feb
8'A Dec 10
6
Feb
22y4 Oct
104. Jan
98% Jan
15
27% Oct
23% Feb
11-
13% May
94% May
19
May
Sep 27:
Mar 17
10% July
89
2% Mar 17
16
Jan
Sep
15% Jun
108Va
76
3
108
Dec
Jan
18
17% Jun
-Mar 18
Dec.
-
Jun
Jun
88
7% Nov 10 -'
79
3
97
13
12% Feb
Dec
Jan
3
:•
77
16% Jan
24% Jun
Jan
4%
3
'n%:
-.
85'/2
85
85%'
20%
72
20%
73
20V4
70%
71%
240
15
15%.
15
15%
7,800
31
31'/2
*30
31%
50
*34
34%
1,200
*11%
*15%
.34%
"15%
12%
16y4
90%
91%
40
34'/8
10'A
34%
10'/2
6,800
11,500
22'A
3,700
*83%
85
*83%
20'%
85
34%
15
15%
*15%
,
16
33%
11%
'
:
16
-,
.,
12%
,
.
34%
33%
34%
11%
22%
/ 22%
72
*86
89
*25y#
29%
26
29%
; 88
"25%
29%
34»A
136
10%
11'%
10
10%
10
22%
22V2
x22
71%
x72
88%
89".
*87y4
88
26
26%
88y2
v,
,
26
30
29%
34%
33y4
136
136
30
29'/2
,
34'A
33%
r
10%
10%
22
21%
*71%
73
*71%
86%
27%
ii/y4
2tV*
26y8
28%
9%
9%
9%
9%
9%
9 per share
*29
*28%
29%
14'
14
13%
10%
10%
10%
10%
28
10%
14
14
'13%
13%
41
*39%
41
22%
23
23%
13%
*39
14
*
r
24%
22%
27'/a
9%
Thnrsday
Dec. 16
?
21,300
27'/a
?r9
1,£C0
.
10
2,200
„
Friday
•,
for
the Week
t per share
26%
263A
900
13%
137/8
2,700
10%
13%
2,600
41
27% *.
26%
26%
13%
13%
13%,
13%
10%
10%
10%
*
"
*13
13%
*13
13%
10%
*13
*39%
41
*39%
41
*39%
22%
Sales
Dec. 17
<
10%
41
22%
3,000
34
135Va
*135
$ per share '
27'/2
"
'
300
1.4C0
800
PRICES
$per share
13%
*10%
14
*-
27%
13%
1
I
600
29%
33%
27VA
9%
Dec. 15
$ per share
-
26%
2,000
73
29%
135J/2
9%
Wednesday
Dec. 14
$ per share..
34
SALE
;
800
*25'A? 25%
33%
135'A
5,5 0
<87%
87
29%
33%
9V4
Tuesday
25%
29%
34
136'A
267/a
"...
86%
25%
29%
136'A
9'A
Dec. 13
>
21%
27'/2
Monday
'
34%
/
25% \ 25%
136
!
92
34'/8
86
'20'A
*34
*14%
'
13%
16«/2'
-
16
72
32%
*85
.
14%
*91
'
22
71%
9'A
22V4
22%
22%
22%
Shares
300
,
22%
23%
6,9c0
24%
23%
23%
23%
23%
23%
*61%
61%
61%
61%
61'A
61%
61%
61%
61
61%
33
33
33 Va
32%
32%
32%
32%
32%
33
32%
33
16%
17
16%
17
16%
16%
16%
16%
16%
17
16%
17%
13,900
39%
•
x23
61
33
*
24»A
61
-
40
40
40y8
39%
40ya
39%
40y8
40
40%
40
40%
3,600
54
f54%
58%
'
59
93%
2V8
2'A
n *33
*90%
7'A
7%
33
*30
,
-
.
*
.
'
58% k
x54'/4
55
90>/2
*90%
94
*90'A
2%
2"%
2
2
2 Vs
34Va
33
*32%
33V2
*33
7%
7
8
7%
30
;
3iy2
8
7%
*31
.8y8
29%
29%
29%
29
27%"
27%
28%
28%
29
*
*95%
98%
-
19V4
8%
*91
-
19%
15%
,
14
*
"19V8
8%
.
367/s
30%
*91
95
19%
19%
15%
15%
*122%
124
8%
8ya
*66l/S
1
17V8
5
1
No par
' lfi%
-
*30%
31%
*30%
31%
,
*91
94
'
•
15%
*121
„
8%
66
66%
66%
66
66
65%
31%
86%
x3l
31
86%<
4
xl3%
13%
36
.A,
.
S
87
17%
17Vs
8fiV2
RP%
rsi/2
74
8%
*76V2
3V8
8%
T
99%
8Va
*76
<
3%
8%
78
3
8%
25%
California Packing common—No par
5%
preferred
—_50
34y8
34V8
34lA
53%
*53Vs
1%
1%
1%
1%
1%
5%
5'A
5%
5V4
99'/2
99'/2
99V2
26
25%
83
80
80
14
14'A
14%
8%
99%
8%
?
*84
.
73
.
'
78
76
3
3
3
*
21
1
25»/2
21%,
99V2
-
25%
4
25%
25%
"
'
;
.
21
*99'%
100
*25V4
99V2
t
'
.
•;
8V2
76
50
600
'
8%
8% •'
25
.
,
5,800
110
<
3'A
1,500
2,200
130
25V4
900
:
c
-
.
.
:
^*%
Apr
51%
Dec
1%
34y8
x55
'
Dec
27% Mar 17
40'A Jun
15
Jan
52
54V2 Sep
15
Jan
5
Dec
3%
Feb
1% Mar 12
6% May
21 Va May
8%
Feb
5Va Dec
12% May
110
Dec
34 V2
17%
132
Oct
22
Dec
14
9
Nov
29
101% Nov
4
119
11.
44
Feb
Feb
May 17
8% May 21?
15% May 21
Jun
38,. Dec
48% Feb,
38l/4 Feb
18
Dec
25%
Feb
14% Mar 16,
8% May
15%
Feb
10
Mar
4
19%
47%
Dec
38
Mat
1.
47"% Dec
33%
Nov
For footnotes
see
page 28.
2
May 14
•
.
.
xl9V4May26 *
May 14
7
:
!
5V4
Can Dry Ginger Ale com—__1.66%
$4.25
conv
preferred—No par
'
Callahan
31% May -7
,
1
& Hecla Cons Copper—_5
Campbell W & C Fdy_——No par
3
2
*52V2
1%
Calumet
^
Zinc-Lead
Canada Southern Ry Co——100
Canadian Breweries Ltd——Nopar
Canadian Pacific Ry—^
——25
Cannon
Mills
^
——Nnnar
23
;
9%
*104
39%
23
9%
106
40
,
23
9%
34'%
5*
23
9%
*104
106
40
'
;
34'A
*53V8
22
9%
103
>
;
,
34»A
34%
34
34y4
54
53%
53%
53
53
1%
1%
1% A
1%
1%
1%
5%
5%
5%
5JA
5%
_5%
22
1
*
9%
104
40
*39Va
40
*15%
16%
*15%
16%
*14%
13%
13%
13%
13%
491/,
42%
43%
9%
13%
<"1,914
4934
22
">*104
15V2
13%
*42
;;;
34%
22
9%
106
22
9%
104Va
34%
1
*53
22
.22
34%
104>/2
22
1,400
15,000
130
*39ya
40
40
*39%
*16'/a
16%'
*16V4
17
13%
13%
"13%
13Va
43
42%
42y2
/
40
16%
13%
,
30
3,000
5,700
9^4
9Va
*16
,
1,600
54
*104Va 105V2
9% "
*42
40
.
*4iy2
13%
42V2
1
40'
21
21
*99V2 100
'
210
8,300
2,200
.
99%"'
77
3
-800
11,900
17V8
84%
82
14%
8%
3V8
20%
*77
99
76
700
'
.
73
14
8%,
8%
*97%
98%"'
8Va
8%
r
*76
5%
99'/2
85
73
.
360
2,200
36
16%
17f4
17
85
8l/2
;
.
21%
25%
*35
36
*35
t.
•
13%
73
8%
3
*99'/2
21%
"
_
18,400
87
17%
*97%
,
,
6,900
,
31
87
13%
74
''14
14%
8%
■
1,100
31
87
13
>
8
13'A
x87
*80
83
*25l/4
-
-
8'/b
74
~
*97%
*
78
22»/2
22
32
*fny2
73%
8%
3»/4
32%
14y8"13%
15%
124
8%
65%
66 Vs
32%
99%
15%
*121
124
1,800-
8
74
8%
78
*121
19
15%
15%
,
<
'300
94
19
8%
8
37
13%
15%
124
*91
20'A
19%
*35'A
36y2
.
,
19%
'
37
"' *97%
4,200
31%
37
<
—
.
.''1.600
9
94
l9»/4
36%
-8%
4,900
1,500
2,600
18%
*30%
16
*80
4,300
?
98V2
091
124
83'
8%
».
""
13%"
*80
6,000
29%
/
19%
13%
73
9
9
,
94
14
*85y2
9
■
31%
86% V.-
14%
21%
18%
8Vs
17V8
29%
98%
15%
17%
29
18%
32%
17V4
28%
0
5.1C0
29%
27%
*95%
13%
1
29V8
27%
7%
18%
86%
17%
29'A
27%
7%
98'%
31%
*
8
7%
29
27%
7%
8%
*122%
*85%
7%
29%
18%
.-
67
100
1,800
7
33
27%
*95%
8%
16
124
6%
*30V2
7Vs
31
■'
>6,000
,
2 1
33% ' 33%
9
14
14%
*3
*18%
"-
31
'
94
19
86%
86
*77
31%
4 *91
19%
7
-
'54 Va
*90%
29
*95%
31%
*99% 101%
.-.-8%.". 8%
5
8%
'
67
8%
1
98%
"19
"
'
9
:
660
"2
28%
-
28%
*95%
19V4
31%
"
83
..
.28%
98%>
8%
x30%
95
31%
.
*95»/2
19%V
A
7>/8
33
" 54'%
94
4,800
500
29%
27%'
28%
7%
33%
^
27%
29%
27%
..
21%
.
2%
28V8
.
'♦
<
•
57%
29'A
*25%
'
23
90%
v",
5»
93
32
'< .7%
8
?
33
7V4
7%
32
'
2V8
2<
/34»/2
*30
—
5d%'
.
*90%
,.*80
Co
34%
22%.
14%
13
16%
92%
34Vs
-\
:
13%:
*16
*90%
.
'
14%
*27 "
74
Jackson
:
34%
71
10%
'71
34»A
34
12%
92'%'
*69
32%
*14%
-16V2
„
15%
*31%
-t
21%
72
15%
13
*16
*22>/4
136%
21
72
*.
*90%
".11%
"
15%
11%
16%
34%
337/a
34
2iy2
-72
92V2
34%
*135
*70
-
*90Va
,
,
34'%
.<
20'/2
'71-
"*15%
v
91-;" 91
; *85
'- *70
participating preferred—100
1,900
2,800
230
85
85
No par
7%
2 10)
16y2
32%
16%
32y2
Byron
,
11%
16%
16%
32
16
9
*10%
,.
•'
4'0
7.50J
44V2
16%
35y2Jun
July
;44%
ny4
11%
1,8CU)
21>/4
21%
38'/a38'/a
44'A
32%
21%
100,
105
400
16V4
common—!_1
——>
,_100
J100
par
48
32%
*85%
x—
140
*46 Va
16%
r
preferred
..
.
38y2
v
44%
11%-;., '
70
22%
*37
,
21%
22%
••
'■•.,/48%
*21%
44:'A
7,iO>
1,800
*22
'
70-'.
32%
*
—5
38Vi
44'/8
14,^1,0
18,900
-
*68'A
23
*47
«.
22y8
*37
'
,
11%
48 Va-
22
11%
10%
20"/s
2,500
14
11%
lO'/a
16%
—___1
Copper «S? Zinc—
Byers Co (A M) common
27% July 14
•
44V'2
11%
-34
Corp
Butte
*47
;4 .'.
14
.
21 Va
*22
12
7»/2
45
32%
pfd-^.100
Bush Term Bldg 7% 'preferred—100
2,
Butler Broa common
——.,15
9 *■"
4%% preferred
?
—100
,
,
38
44
11%
15%
12
1
17 *
4V4 May 18
44»A
11%'
•..,21
;*68'A
-
-
17
*66V8
31%
InC——
Bush Terminal
38
,
437/8
11%
'
22%
v69%
7%451/4
>>44
21%
22'/a
21%
33%
.
Burroughs Adding Machine—No
,
1
....39
44
preferred ——100
3%%
6
21%
13%
69Va
V
X48%48'/2
21
33%
No par
Mills
21%
»i5%r
,-.12
Nopar
—
preferred
conv
2nd
69V2
V
32%
8%
3%%
22%
32%
15
Co
Burlington
-
22
7%
1
16%
*122%
Bullard
10%
*31%
common--__15
Buffalo Forge Co.
Buff Niag EI Corp 3.69%
11%
10%
7%
4b
-
100
6,400
4,600
49,600
1,200
,
32%
100
Co
.-A *37
ll'/2
110%
13%
'
15%
1
:
Watch
7
11%
10%
15y8
1
Bulova
39
49
-7%
44'A
14
11V2
11 Va
15%
(assented)-100
:
15
21
100
13
10
11
*
17
Jun
*48
20%
;
13%
11%
32'%
Nopar
1
$5 preferred
48%
'
13%
69%.
,
13%
22'/2
'
v
v
7%
4*vs
1C0
1,2.0
7
,11%
11%
7'%
44%
21%
12
"liyu/11%
22%
23V8
22%
11%
-12>/4,
7%'
10%
13%:'
11%
11%
12
-
11 y2
13%
13%
11%
12}/4
',7
*
5*A
13%
17
common__^_No par
Co
7%
.
14
1
'
570
21
5'A
*l3'/2
6%
32%
22%
7% .preferred'
(The)
11%
7y8
*20'/a
5Vs
44
v.
45%,' : A-
20%
*39%
—
Inc
12r/2
7Vi
7%
45
15%
'•
Budd
July 12
90% Jun
Co
'12%
7%
*31%
Bucyrus-Erie Co common—-__5
.
2
21% May 15
43% Jun
1
Mar 31
Dec
88
79
»
16»/2 Dec
81
Jun
V.
40
14
73
May
t'
Nov 24
Feb
72
>
75
Shoe
7%
15%
1
Blgelow
'.7%
32%
$3.60 preferred
^-Np par
Brunswick-Balke-Collender —NO par
11% May 15
Mar 3d
29y4 Feb
124% July
&
BroWn
5
24% May 17
4
78% Aug 11
13
Dec 16?
Feb
6
I
r
Mar
100
,
31
Apr
23%
Brown
99
Aug 11
23% Nov
1
8
80
12% May
l4
120
80
84'
33% Aug
13
17% Feb
Feb
102%
'
17
,7%
20%
55
55%
101% ,102
21
*13%
69%
5
Briggs Manufacturing
__No par
Briggs & 8tratton__—1._,
Nopar
BriStol-Myers Co common—-^2.50
3%% preferred —L——100
Brooklyn Union Gas—j—_N0 par
27
13V4
1,160
14,300
1,3-0
480
2,500
2,*00
94
20%
*
55Va
102l/2
*20'%
21
*13V8
15
*31%
.
"
2.50
Inc
55'A
101%
-
13%
7
94
20V.' 20%
55%
13%
22'%
Nopar
5
.
V
20%
102
13%
71
Par
j.
54%
*20
20
Bearing Co_^l
5
Braniff Airways Inc
2.50
Brewing Corp of America--—i—15
Bridgeport Brass Co_
_^_No par
12 Va July 26
21
73
Roller
Bower
10
90% Feb
37% Nov
„
Dec
25
26'
Feb
27
86%
14% May
101% Apr
23V4 Sep
1
Dec'
125
-
Dec
25% May
4
A—
(The)
■
102:
20Va
par
Borg-Warner Corp common——5
3%% preferred ^
100
34% May 18
37% Jun
2
13
14%
Jan
9-
Feb
Co
'
5 Va
69
19%
-No par
Stores
20%
55'/2
LOW AND HIGH
Brass-'—
&
class
Boston & Maine RR
11% May 15
36% Jun
9
15% Mar 16
__
36% Jan
71
Co
20%
103
•'
38%
39>A
107Va 107%
94%
94'%
5«/2
Saturday
i—
94%
5Vs
Dec. 11
B
Borden
May 24
Jun
Co_
Aluminum
Ami
Bond
10'A May 18
14
7% Dec 16
x27% Mar 17
25
Nov 30
25% Nov
'
42
Airplane
Class
5% May 15
10
Dec
Bohn
Bon
'
96
8
30
28% Feb
—
11'
Dec
Boeing
66y4 July 13
1% Aug 26
May
8'
27% May 15
44% Jun
9
87% Nov 30
6%
7
9%
10
94%
1,600
1,400
4,100
4,200
45%
53l/2
76'%
*75
,
107%' 103
5%
-
-
>
108V2
04y2
*71.
STOCK
Bliss & Laughlin Inc.—j:
Bloomingdale Brothers—
12
45%
32
Carpet-—__No par
39%
*107V2
108
.
52
75
38%
5%
2lV2
*83%
100
Electric Co—No
75
39%
7
12y2
V"
75
38%
7,900
17,-
No par
Black & Decker Mfg Co—j_.No par
Blaw-Knox Co
j.
—_-_No par
Bliss (E W) Co new common.:—1
2-
44% July
Dec
com
—
' >
29% Apr 16
37% May 18
3y8 May
(Del)
NEW YORK
36y4 July 15
Feb
32% Mar 15:
88y2
-x-
Steel
7%
$ per share
19% Nov
38% May
37% May
FoodS
_?.___1
A
1
**0
5%
54'A"
*52%
,
75
•
'
14'/2
32%
100
—5
2CrA
'
:
,
21
-
21
EXCHANGE
Oct
.
.i_
STOCKS
26% Dec
'
10
commons—
Best & COw-lii
„
24y8
May
Co
Birmingham
41% July
25
50
preferred
Highest,
$ per share
13
__l
20'A
69%
*10%
25
common—
94%'
-
55
55
101%" A: ?■ .102%
*20
45
13%'
11%
11 :■
43%
•
.
Cum pfd $4 div ser of 194'8_No par
14?
28% May
14'/a May
t
Howell
preferred
Bigelow-Sanford
Nov
18% Dec
.
&
Best
Xl3
Feb
Co
20%
101%
7%
V-*37
5
——
,
Bethlehem
Lowest
—50
—_x—
Home? Appliances—33y3C
Beneficial'Indus Loan com
.—10
Cum pfd $3.25 ser 'of 1946-No par
.
22.
—10
x20%
—-
—
A'
94%
48%
' 20%
*
;
39% Oct
Range since Jan. 1
Highest
52->/4
*13%
20%
—2.50
-
Year 1947
Lowest
10
Corp———_1
(A,S>
14% Jan
,
52
*68'/a
common-—1—10
Inc—No par
37y4May l5-
24
18% Jan
55y4
13%
22Vt
L
Bendix
.
139V4 July 14
8
«*.
——:_100
3^% May 27
17
27, ="
"
100
Bendix Aviation'
30% May 24.
Mar 16
—1
pfd—100
Bell
102'A JUly 23
25
45'A
' 5%
*43%
Works.—*_13
common-
Co_——_10
Belding-Heminway
:
i.._l
Bell Aircraft Corp—l—L—1—1
9
125
45Va
5Va
.7l/8
-
'(Delaware).—
Works
Foods
4rU%
87% Mar 10
14,
45»/2
94%
20,
*l2y8
1
No par
Creek RR
Beech-Nut. Packing
-
2
26% July
1.
23'% Feb
,
Oct '
Jan
—v
Dec
14
,.
Amef—5
common—3
Beech
9
3
30% Feb
150
Dec
—
13%
Jan
—
—
—
133%
38% Jun
86% Dec. 16,
,
Dec
,
8.
11
Corp
Cigars
Beck Shoe
15
Dec
Feb
45>/2
6%
-■
4%'%
Beech Aircraft Corp.'
9
13
5c
conv
pid
Beaunit Mills, Inc
8
103% Jun
Dec
28%
103%
Dec
26
17
Iron
Beatrice
3%%
19% Mat 22 V
24%. Jan
2
15%NoV 3090% Dec
39% Feb
25% Nov
2iy8 May
__
10% Nov 30
Jan
106% Aug
Brothers
Bayuk
37% July 23
20Vs May 21
,
45»/a
*13V2
:
par
preferred——1—.'-100
Oil
Bath
8*
34ya Apr
5
14y8 Feb
Jan
Jan
15% Dec
2,
11
Feb
32»/4 Feb
Oct
'. 18% Jan
•
Deo
77%
8rA Jan
30
18%
10% May
16% May
95
Feb
39% Mar
12% May
90
100
47
V54
54]A
20
Aroostook
5%
4%%-. preferred
Barnsdall Oil Co
>
2
22% May
6
Dec
69
Jan
40
17
10% Mar 1.0
Feb
12
Dec
30%
80% Sep
20% Aug
Dec
Dec
&
Barker
43V2 May 15
Dec
46
,5Va
preferred.—100
common!—50
non-cum
Barber
14
35%
1
4%
May 14,
83V4
96%
(The)
preferred
Baldwin Locomotive
Baltimore" & Ohio
Feb
Feb
Corp
conv
Babbitt (B T) Inc
3t,
Feb
Feb
20%
-
$2.25
69
45%
.
Mfg
Avco
May
.
1.—.-N0 par
Automatic Canteen Co of
25V4
16Vs
9% May
47%
lbO
900
101
107
103
280
A
103
14>A
..
20%
*53%
common——Nopar
prior pfd ($1.20)—__N.o
Autocar Co *———A——;
Jan
liy8May
60
';
Nichols
3;
l67/8 July 13
29% July 14
Mar 16
100%
102%
14%
107%
Conv
17y4 Jun
7% May
101%
107%
*20y8
4,900
30%
103
39%
,
30%
14%
77
**101'/a
30
'
101
53
-
30
103
77
'
30%
14%
3CV2
95
1,000
98
102%
54%
-
130
100''
.
100
103
52
——5
98
99%
*
101%
79%
No par
preferred—A—100
98
102%
47Va
107
200
13%
13%
100
96
*14%
40%
conv
13%
.
100
96
.
2.6C0"
13' 13Vi
14l/2
55%
*93%
13
.
A.
14%
•.
100
'.
.
36,300.!
2,100?
•
110%
13
102%
79
>
14%
14%
47
*106%
110%
*13%
110%
11,500
730
"
97
10i%
.
39%
conv
110%
71 Vz
47%
•,
"*95%-
■,
*13%
13%
A
97
101%
80
Austin
2
13
%03%
48%
103%
40
Atlas Tack Corp
26
Jun
46
102
73%
14114%
7
79
4%
8 '
7V2 Oct
35% Jan
*30
54%
Atlas Powder common—
10
19'AJan
xll
Feb
Jan
30>A
39
Atlas Corp
16y4May21
6% Nov 30
3)
30
*94;
100
25
preferred series A__ 100
Preferred $3,75 series B—100
9
13%
*4
100
4%
9y8May21
9
13%
100
94
-
7%
7%
*12%"
"
14
12%
Shares
y!
25%
90
7%
72%
48%
,
101%
14y2
47
13%
110%
14
7%
*95%
v,
V
89
73'%
48%
96%
*12%
100
.?
>
*110
14%
12%
Atl G & W I SS Lines common.,— 1
May 22
Jun 8
Jan
No par
13%
'•
*95%
110%
*
5% non-cum preferred
Atlantic Refining common
11
24% Jan 20
,
4% Nov 27
'
Dec
RR
*14
*48
25%
90
48
'
■,
74%
"
•*
25% "<*
90.
7%
the Week
103%
103
*14y4
».
49
12%
100
92%
29%
101%. 101%
•___10
,
13%
92%
7.%*
Salei for
t per share
25 :
■
90
74%
*110
'
12%
100
30
102%
preferred—:—100
non-cum
Atlantic Coast Line
25% May 21
64% Apr 16,
27
Jan
49
Dec
Sep
20
27% Jan
7% Feb
Dec
4% May
36Va
Feb
114
9'
99
Feb
18%
5% May
Feb
5%
A T F Inc
73%
'
89%
7%
t per share
'
25%
-25%
>
95%''96
;
14%
92%
25%.
7%;
Dec. 16
J per share
90%
48%
"*
-110%
12%
,
'
95%,.
*14.
100
:
74
49
*110
13%
131/4
Atch Topeka & Santa Fe com__100
50% July 12
xl9% Nov 26
48»/2 Aug 27
26% July
73
July
121
July
111%
80
21
Feb
9
102
____
19% Jun 24
62
July 14
55% Dec 11
Feb
73%
110%
25%'
Friday
Dec. 17
Thursday
Dec. 15
90%
f
7% ^
49
13
19
26%
*95%
15
*12%
132%
.
T
96
-No par
Dec
18% Feb
59
Feb
48%
*95%
Arnold Constable Corp-,
___5
Artloom Carpet Co Inc——No par
Associated Dry Goods common—1
Dec
10% May
'
74%
48%
'
Wednesday
U
$ per share
'91%;'.
x91
* 7%
.
,.*73%
:„No par
2
9
May 27
99
Dec
U 25%
"
7%
Dec.
t per share
94
7%
Tuesday
...
Dee.-1»'
25%1'26
*90%
Monday, December 20, 1948
;
.
LOW AND HIGH SALE PRICES
;
Monday
11
$ pef share
4%% conv preferred
___100
Armour & Co of Illinois com
5
$6 conv prior preferred^—No par
Armstrong Cork Co com
No par
$3.75 preferred
$4 preferred conv
18% Jun
17% Aug
99
137/e
1
.
99% Jun 14
115% July 12
13% Dec
9
12% Dec 14
12% Mar 16
98% Dec
1,
17% Feb
20% Feb
10% May
oec.
■
Steel Corp com—...—.—10
Armco
•
/
•
Par
23
17
17
Dec
7% Dec
15 v« Oct
130% Jan
32% Oct
CHRONICLE
RECORD
Saturday
EXCHANGE
t per share
23% Nov 29
99
'
STOCK
NEW YORK STOCK
Highest
Lowest
24% May
;
YORK
FINANCIAL
STOCKS
'
Lowest
&
120
.
25,400
300
Volume
168
Number 4761
THE
COMMERCIAL
NEW
Range for Previous
Year 1947
Lowest
<
Highest
$ per share
t per share
Range since Jan. 1
Lfwest —»• Highest
t per share
$ per share
Apr
14%
Feb
11
Feb
13
18
May
57%
Feb
21
56
15%
Jan
102
27
Dec
39%
Jan
38
:
Nov
Dec;
50%
Feb
128
Jan
20
100% Feb 48
26% Dec
'30
10
Dec
41% Jan
17
Oct
12% Dec
10
Capital
Carolina Power &
Oct-
30
30
43% Jan
7%
29% May
132
Dec"
158%
49% May
)
Dec
47
1
35% Dec
Jan
130
Feb
64
Nov
6% Mar
Feb
x50
9
52% Jun
10
Feb.
5
68% May 15
17% May
7%
28%
Dec
22
Feb,13
X97
Dec
108%
Jan
97
Feb
10
105
July
130
Dec
156
Apr
123
Feb
11
140
Feb
22% Feb
28
34% Jun
21%
Feb
18% Dec
16
20% .Tan
7%
*
xl7%
Dec
1st
Celotex
,
preferred
5%
Corp common
38% July
6
Nov
22
8% Mar
3
Central
100% Nov
8
108
8-
Central
111
16%
Oct
Oct
8
83
7% Jan
6
39% Nov
10% Dec
16
1
15
Jun
29
1
Central
Violeta
Jan
14'
Chain■ Belt
11
Champion Paper & Fib com__No
10% May
20%
23
Jan
40%
Dec
3'A
,8
Dec
3
35%
*134%
135%
54%
54%
54%
32%
3
10
90
Feb
IT
i9
45y4 Jan
Jan
31%
99%
99"%
130%
80
26%
26%
26'a
2.6%
26%
26%
3,900
19
18%
18%
18%
18'%
*18%
18%
500
16%
16%
16%
16%
16%
16%
4,500
9%
9%
9%
9%
4,200
5%
5%
5%
5%
3,300
22%
22%
1,600
*18%
16%
9%
9%
9%
9%
9%
6%
5%
6%
*5%
5%
24
24%
7
7%
*103
104%
.
•
24%
•'
25
7%
104
16%
16%
v
*24%
'
7%
7%
104
25
7%
1
*7%
10%
10%
10%
*7%
21%
21%
21%
21%
—_1
13%
13%
13%
13%
13
25
25
25
23%
23%
"23%
93
28'A
23%
,
'
.
.
*90%
9
9
9%
'
*27%
28'/2
5%
10%
11
11 y8
11 y4..
10%
10%
32
80
5%
10'A
10'A
10
10y4
*9%
15%
Feb
12
Jan
2
22% July 14
19
*9%
18%
19ya
18%
10
10
10%
9%
l3'/a
NOV'.
Nov t'
54%
Feb
35
Jan
34%
Dec
26'A Dec
27%
Feb
9%.Jup 30
14 Va Dec
Class Bu—•
13%,July 13:
15.
17,
—No par
——-•
Series
preferred
A
vtc—:
56
—
.
103/4
15%
4Va
—-
Dec
Jan7
May 21
49% Mar 20
57
Jun
2,
25% Feb
18.
42'A-.Sep
7,
22
72'A Oct
22
July 32
ISWOc.t
20
10
Feb
•
14% Feb
11
—
Dec
$3
2% Nov
3
4% Apr
63% May
18
Chiids
31
Jun
24
Chile
Oct
50% Nov 30
65% Jun
10
Chrysler
23% Feb
29% Jun
17
Cincinnati
4
Feb
28
.Feb
19% Nov
18
Jan
36% Jan
26
Nov
25% Dec .17
48%
34%
May
Dec
.
42
11%
94
F^b
Mar
go
Nov
9
*7'%,Mar
76
101% May 26
<27
20%
Feb
15% Jan
23
34%
Nov
27% Mar 18
6
'
21
176
85
Jun
95
Jan
34%
Nov
43%
Jun
Dec
115%
Feb
107
27%
Jun
.'35% July
.
106
Nov
109
Mar
71
Dec
101
Jan
57
Feb
42%
Dec
>
.
>32 : May
Dec
34
140
88
4
2-2% Nov, 30
34% Apr
9
108% Jun
25
Oct
15
Dec
€9% Nov
9
23
47% May 19
17
18% Mar 22
23% Nov
40
Feb
154
91%
Dec
35'A Jan
9
4% Dec
3
.
5
■
Feb
10
76% Dec
17
Range for Previous
t
Year 1947
:
j
Lowest
Highest
t per share
141
per share
May
x61%
1140
191'A
Nov
Jun
65%
Jan
May
33
May
87
1155
Dec
May
Jan
56
105% July
preferred—,
4%
60% Dec
S per share
16
2
1332
July
183
cum
2nd
96
13%
>*12%.
16%
16%
16
July
,
*
,
<
.1
•
Por
Internal
Co^p—No par
Colgate-Palmolive-Peet corn—No par
Coca-Cola
2
Colo
20'A
Feb
16
17'A
Feb
21% Dec
,
21%
;
11%
,'63-.
>
r.
Dec
Feb
48%
Oct
263A July
Nov
36% Jan
147/a Jun
28 .J
5
23
t,
14
30
29% May 14
Commonwealth Edison, Co
11"
11% May 20
33'A Nov
29%
Nov
Feb.
28
Dec
x24% Dec
Feb
4
Feb
21
;108'AMar
'
16
9
Sep
Mar
5
103.% Feb 10:
8% Nov/18
54'/2
Jan
37% Nov
24
30
Jan
19% Feb
11'
19%
Feb
11
May
Dec
Dec
30%
•
May
44
May
Jan
28
Aug 27
6
20^
Feb
48
.'Feb
297ADec
17
1
98 Va July/? 6
100Sep 27:
33'A Dec
90
Oct
1'
18. '
20%
Feb
10% Mar'17
Apr
84% Mar 23
44%
Feb
lie%.July>
'
<
13%:Feb
55% Dec
42% Jan
99% May 25
17% July 13
40
92
3
99
Oct
7!
8%Nov,.l<0-48% Mar 17
•
May 15
—i'No
2,400
97%
97'%
20'%
42'A'
20'%
20'%
1,600
42'%
43
7,100
26
240
25%
'26
1,700
*7%
*76%
8
,.,700
78
17%
18
18-14
34%
*88%
.
'
J—.
2,300
64'A Oct 26
Continental Insurance———in
514
139
78%
Dec. 14
137
*1050
.
34%
137
"
62%
33%
90
34%
*89
15%
15%
2,900
18%
17%
17%
1,500
17%
18%
17%
17%
5 900
18%
18%
9%
9%
670
11%
1,290
17%
19
17%
17%
17%
17%
18%
18%
18%
*18%
9%
11%
,...18%
9%
.9%
9%
22
21%
*21%.
10%
10%
9Va
9%
8%
9%
,
9%
,9%
,
11
•
9%
9%
21%
48V4
48%
48%
48%
48% '
93%
93
93'A
93%
93%
17%
17
17%
167/a
17%
3
2Va
-
3
91 Va
90%
91
'90
90%
25 Va
25%
25%
8%
8%
29%
29%
.»
29%
26
26'A
26
-4 .*"•
22
29
22
xl2%:
9
106%
40%
40'/2
-41%
21%
21%
21%
-12'A
*9
12'A
'- <9
9%
30%
*60'/2
104%
30%
*35
104% •
35%"
30
102%
'
-404'A
35
to91%- 93%
J
■
93%
"
^
8%
A
29%
.26
1067/a
■
xll%
30%
»
35'A
31%-
31
96%
30%
35
93
93
,,'*13%
.
;
30%
25'/2
22
:,.22Va
106% 106%
19 100
11%
914
39%
40%
20%
20%
11%
ll'A
11%
l
'900
"
5 900
3 100
600
9"
9
9%
9'A
9%
14^500
2,800
>30%
104 'A
29%
105
•
33%
94
30^A
-
87A
8%
8%
8%
8%
8%
61%
61'A
61 Va
60'A
60'A
59%
"
104%
105
1
30%
104%
-
104%
105
*95-
2 600
<914
13%
31-
1100
11%
914
20%
86%
*95.-.96J/2
200
3 300
40%
*92%
•
2 300
^
4%
20'A
33.%
"
1900
28%
1
9i/s
88
,
,
4
107
13%
.88
17 900
8%
22%
30
,
,.
3>00
25%
4%
9'A
>
34
9l'/2
<8%
25%
-
"860
54,300
25%
28'A
9
105
93%
31
9%
104
*,.f
21%
3 800
10,000
3%
*11%-
11%
>9%
30%
1
40%
'•
103%
,
"
3
9%
"*104%
103'/2
17
91
r
12% «.12%
9
94%
;25'/2
107
>:
12%
9
48%
94%
,29
4%
.,22% V.'
12
28
3,600
'
8%
*25
4%
106%
.
13%
61
25%
9%
88'A
-<30%
91
25
9
13'/2
"*95
91
25%
97A
88'A
•
91
,
300
6,200
37
16"%-
/•
50
30
48
•
3%
9
13%
8%
3
9
-4,600
36%
.
48'A
3
21
88'A
47%
"
29
36%
95,
41
13%
*
*
2,700
50
29%
36%
17%
21
105
51
29%
17
40'/8
88y4
'• *94% --97
*50
94%
4y8
12%
...
1
<
407/a
8%
9%
9'/a
21
*11%
-
-102%102%
-9
61%
9'A
10
.8%
17%,
*25'A
9%
40%
!21
'
8%
48%
93%
21%
12%
>9
8%
i-
*
106%
12%
-
12%
16,700
36%
r
9
22%
t;i 106%-106%
1,200
10"%
52%
...
,
4'%
22%
21%
21%
10%
,29%
29
26%
,'4
21%
21%
10%
90%
29
*25%
4%
22
22
10%
25%
'
320
„
21 %
16%
f
.
10'A
21%
8%
3
8%
9
J014
1,000
22 Va
93'/a
,
25%
8%
10'A
11
140
22»/a
48
,
3%
25%
10%
*
'
91
11
8%
29,%
-
11
9'/2
ll'A
,11%
*9,%
-
*89%
10%
11
,36%
*50
31%
96%
4,700
15%
-
;
90
220
33%
15%
1
-8%.
*89
32%
18
-*51
*95!
:*
33%
18'AV
367/a
30%
1
x32%
1,600
61%
—
15%
10%
93%
14
_
Shares
137
61%
*1070
61%
*1070
90
„
21%
88%
137
137
61%
the Week
18%
30
,
136
Sales for
Dec. 17
$ per share
15%
21%.
30%
Friday
*
18'A
51'/2
30%
500
15%
ll'/8
;
50
76%
88%
22%
9'A
142
18'A
22%
10
7,200
88%
36%
<9%
3,900
'"15%
10%
12'A
1,700
5
76%
Dec. 16
34%
29%
••
24%
27%
*138
t per share
__
34
—
U_'
12,100
-
62%
*1050
—
130
72
5
Thnrsday
137
*61%
90
1,800
13%
24%
142
4,900
1
42
' 27%
*76% " 76%
$ per share
137
*61%
-
13%
27%
*138
78%
Dec. 15
$ per share
*70
5'/a
39%
105%
" *40%
'
'25'A
5
27%
141
*129
T
79%
105
13%
24%
5'/a
51%
9%
•
25%
28%
LOW AND HIGH SALE PRICES
Tuesday
Wednesday
61%
21%,
;
13%
5%
30'A
*12
:
105%
27%
*
21%
9
105%
72
21%
12%
23%
42
11%
1067/a
23%
*40%
13%
—9%
22 Va
23%
*70
9%
•
4%
23%
39%'
.
15%
19
.
3%
108'%
72
31 Va
,
108%
18% 1 18%
17%
18
15%
ifl
,
397/a
108%
42
*25%
-
:
35
39%
*70
29%:
*82
85
1,500
185
24
13%
25%
*82
28%
*160
*107%
*40%
52%
*91
13%
AJ—No'par
>
30
'*88%
Continental-Diamond Fibre—-J__5
."/>
13%
28%
28%
185
106
37
par
Continental: Can Inc common—'—20
72
79%
85
106
42
28
*160
39%
53
No par
July 13*13% May21'
preferred
28
103%
39
106
129
139
__
23%
28%
t per share
*1100
>»
5'/a
"
Dec, 13
61%
34%
•
x25%
5%
80
*135
108%
13%
29%
28%
*82
1
*70
Monday
i-104
:104
36%
36%
$3.75
*27'%
97%
18
185
i
85
*40%
.
141
,1
*102%,102%
i.—'
19,200
7%'
7%
*76f%v 78'
n
18%
28%
o8%- '
fl05%
_.
2o%
,
80
9%
par
$5.50 preferred
24%
•
'40%/
;
$4.52
Continental Baking Co com—No
140
54
26
'7%
'*160
9%
11%
preferred-!—1.——--No'par
Container Corp of America com_L20
'
4% preferred
A-100
•
17%
29%
*108%
*12'/8
1
*8%
Consol RR of Cuba 6% pfd—-100
Consolidated Retail Stores Inc__—1
Consolidated Textile Co Inc.-—10c '
$4.50 preferred
5
92'A Sep
preferred——__t—-1_—No jiar
Grocers Corp—1.33%
17 " Consumers Power Co com_^.—No par
6
29% Nov/30
For footnotes eee page 28. <•
:
35% Jun
105% Dec
i
37
'
53%
•
42
26'%
78
190
36
,53%
27%
20%
36%
91%
25%.
8%
B9%
*25'/2
i" 4%.
Consolidated Vultee Aircraft^-—__ 1
106% May 25
36
*97'%
108%
,
38%
13%
*139
9'
22
Consolidated
15'AMayl2 :
52
20%
107/a
,
3
.
J Consolidated Laundries Corp-—'„5
Consolidated Natural Gas_-—.—:15
2
16% Mar
104%'July
Dec
0
51
15% July
106%
/
.
Dec
95
'
,
Dec
Dec
'
8
114% Feb
•
32%May
11%
21
3%
51'%
97'%
-
3,700
37/a
51'%
*34
';i42%
26
300
3%
'3%
27%
21%
i
par
$5
11
12'A Jun
10
___
94
6"
xl8% Jun
'
Feb, 24!
.
par
Cigar—_i__ No
Consolidated
Consol Edison of N Y com—No par
8%Dec
.38%
"^99% Dec
25
Consolidated Ooppermines Corp-<__5
7% Nov
'
-No par
'Congolfeum-Nairn'Inc_g—1—No
May 21
—
—
10% July
preferred series--—J
6% May:21
177A Mar
,—
$6
27
36% July 12
107'% July
11% Mar 16
/
Apr
25 Va July 12
;
Feb
*
•
'32
8
Feb
Dec
»
Conde Nasi Publishing Inc—No'par
15'/2
94%
t
Dec
7
12% May
'
Commonw'lth & South com__No par
Nov
106
:
300
16%
51V2
,
27%
7'%
*76'%
*16
16%
53'%
93%<
17'A
<
preferred _j__„i_100
Solvents_L—2—-No'par
90
-
*16
'
54%
48
common—_^.llO
Commercial Credit
25
8% Feb
5,000
13%
36
53
.
Commercial
19
65
13%
4
29%36%
i
•
3.60%
64%
12%
517/a
21%
' 9-
;
Jan
3% Oct
107
5%
11%
'
10%
$4.25 cum preferred w W—No par
Columbian Carbon Co__-l_..>..No par
Columbus & Southern Ohio Elec—10
7
65%
16
^
185
U07%
25
26%
29
,
18%
f*21
commoii_t.Nopkr
Jan
2% Feb, 10
20'/a
,30
July
29% May 26
Pictures
Jan
35%
40% May
}
104'.
^
Jan
10%
5
4
53% July 15
■■
JaiV 2
Nov 30-
11% May
; '
16
43% Jun
*82
.38%
13%
18
21%
>'
14%
;
Apr
17
15:
37% Apr
*105Va
,9%
9%
Class B„—J—2.50
'Columbia
65'A
12%
20'%
30
*160
109
24%;
,
,
5'A
lfi%
*11
preferred—100
Columbia Gas System Inc.-VNo par
13% May 21
.
2nd
9,900
13%
16
42
18%
29%
,
85
38%
15%
18%
*9%
,
Columbia Broad Sys Inc cl A—2.50
'
24
78% JUn
;
conv
33%
Dec
4"% May
121'
Nov
;
non-cum
31% May 12
Nov 30
28% Feb 27 '
90
xl6
4%
4%
32% May 15
1.
30
31
*82
90
17%
preferred——
20
Ry com—100
non-cum 1st preferred-—100
17% July 14
50
35'/2 Feb
Fuel & Iron Corp com_..No par
18% July 15^
lO'AFeb l3
7% Sep
5%
Colorado & Southern
4
123%
8% May
104%
Mar
115% Feb
.
23% May
1
Feb'
39% Aug
Dec
30
20
,50
May
94
20% Dec
86
Dec
25%-Nov
.
25
Jan
22%
,,20% May
2V» May
\
22
Jan
12% Oct
;
Dec
'
36
22% Oct
18% Jun
32%
Apr
87,-
il
23
11
30
32%
Nov
30% May
,,36
j
22% Oct
Feb
33%
*97'%
78
18%
185
109
i.
24%
.*,-18%
9% Nov
30%
61%
34%
2—No par
—No par
20
18% •"
*160
__
Colonial Mills-Inc——i—20
Apr
*76%
32
53%
27%
f
300
34
*34
■
900
51
33%
*51%
36
>50
'51%
;
65%
-4
'
7^A '< 7%
'
78
18% '
80%
*1100
25% May 18
,10
26'%
*76'%
139%
26% May 21
1.
26%
*26%
26%
>.'7%,.; 7%
i.
27%
<
*60%
5
24'
43%
13%
*137
11
Nov
20%
42%.
t per share
11
•
97
20'%
43%
Dec. 11
Nov
9'A Deo
97
20%
43
>
Saturday
j
Feb
11
96%
20'%
;•
141
12% Feb
Feb
X95'%
24'/2
106
*79%
15
Feb
27%;
85
*139
16
17%
27%
29'A
Oct
16%
27%
38%
*5%
Oct
,:
27'%
109
29
Feb
May
54'%
72
18
<
53'%
42
22%
9% May
*34'%
55
*40%
46
8
35
*70
Aug
May
35
54'%
72
May
8
3%
51%
42
12
16'/a May
3%
51%
27%
*26%
No par
—
''A>
16
52
*70
(The) common.No par
A
*12%
14
*40%
13%
.
>
,
65%
13%
54%
*88%
15%
Dec
37/a
65%
1
*50
34y4
52
STOCKS
Class
1
,
33%,-
33%:
-
*T4%
.
52'%
*50
37
53%
27%
18
:■
37/a
53
$3.50 preferred
Collins & Aikman
23%
,
31
,
-100
i
EXCHANGE
Coca-Cola Co
8
45% Jan'
10
65
*12%
64% '
185
preferred——100
NEW YORK STOCK
*
„
2
1332
31%NovJ2
x87%Sep
Jan
63% Jun
1
33%
31
stock—————:—50
7%
r
>
Dec
34%
65%
24%
*105%
Range since:Jan. 1
>
1
Highest; >
136
52
.*107%
'Lowest
t per share
52
*160
,-
Clopay Corp_^
a
——1
Cluett Peabody & Co oom——Nonpar
.
147
July 13
92% May 20
,
52
——-..-No.par
Special gtd 4%
27% Dec 1636% May 17
137
5,500
27y2
52
33%
64%
1-100 %
*82
"s
38%
preferred
preferred
17,600
-
—20
Climax .Molybdenum——-—No par
Clinton Industries Inc_w——-j—1
=5
10% Jan
non-cum
8%
33'/2
52'A
33%
Clev'e Graph Bronze ,Co com—T
1
5% preferred
-L_
——100
Cleve & Pitts RR Co 7% gtd—50
78% May 20
'.Sep
5%
1,200
8'%
32%
14%
Cleve Elec Illuminating com'—No par
$4.50
5
5
8'A
33V2
33%
■
,
C C C & St Louis Ry- Co com—100
1
5'A
"8
35%
19
20
8'A
26>/a
*18%
Jun
105
<
—
42% Oct
14%'
*4%
33%
8
14 Va
,8
111% Jun
33%
8%
35'A
78
6
34
,
27%
13% Dec
■-48% Mar
Dec
89
g9
5'A
8'A
33%
'
*7%
24% Feb
__
'
Jan
34% Feb 10
105% Jan
f5
8%
15
*26%
Clark Equipment Co—
2,200
28
*76%
5
1,900
9%
36
No par
July 12
1,000
18y4
9y2
27%
City Investing Co common——5
5%% preferred—
——100
May 24 >■ City Store? —x
i
5
39% Mar
Dec
14%
80
176
10
18Vs
9%
.
36
43%
38% Aug
.July 12
10
18%
9'A
10
28%
21
r'-
10
18y4
9%
36y4
>97
•-
5V*1
9%
18%
9%
14%
43%
-
May
'
9%
18%
,
28%
*35
8.50
Fuel—fw.
10,500
36
*20%
City Ice &
10y2
14%
*96%
3
10%
36y4
a.100
Jun
10%
1,800
28V2
53
10
Jan
2,
84% Apr;20
f
7
1,800
2,000
15
3%
.
25
'
10%
11%
36
I T Financial Corp—No par
C
..
10%
*10%
11
37,300
28'A
17
preferred—^
4%
8
33
9
Dec
12% May
'
10%
5'A
15ya
Cincinnati Milling Machine Co—10
May 17
48'% July
*10%
317A
80V2
5'A
29
*16%
—10
com
11V4
31%
80y2
'
36%
"
Elec
5'A
15
13%
&
80'A
29
*12%
—2.50
Gas
32
*sy8
300
36ya
,
Co
""
31%
80y4
5y4
150
28
15y4
,
Corp
*27ya
1,600
29
Pac ,RR Co—No par
Copper
28
1,100
8%
36%
*51%
33%
64%
preferred————100
Jan
8'/a
10%
10y4
5'A
9
15
.
—
5%
23%
94
80%
34%
8%
34
1,100
23
29,
,
Co common—;-l
5.%%'
5%
;
25%
25
8,400
9,500
8,100
par
Chickasha Cotton Oil
3
Feb
preference—No
5'A
8%
,33%
900
4,800
13%
13%
*27'/a
■
2,500
-
7%
21
36%
par
Qonv preferred series A
100
■'* Chicago Yellow Cat^—No par
2
1
convertible
Chic Rock Is
19% May 27
44% Oct
Ill
21% May
.'
5% preferred
—
—100
Chicago Pneumat Tool com—No par
66%
-
,j37% May
27% May
8
40
,
29%
Sep
78
Chicago & Northwest com—No
49%.July 15
17
42% Mar
Nov
96
23% July 15,
1.1
Feb
Feb
7% Mar
—
Dec
56%
--
21
Nov
23
•
15%
—
32
July
8y4
—100
45'Jan
5iy4 May y
5'A
32%
Chfc Milw St Paul & P ,vtc__No par
41%.July 13.
10%
7%
93Va
*8ya-
28
*5'A
t'
10%
..Apr
10%
>-20
94
93%
32'A
t
18%
15% July 13
5% .preferred
50
Chic Ind & Louis Ry Co class A—25
19%
7% Jan
2
4'A Mar 1,6
=7% Mar 16
13%
80
10%
30
13ya
32
i
5'/2
10%
Feb
13%
*27'/2
32%
79
10%
Feb
21%
9
10%
14%
^7%
9
9%
Chicago Great West Ry Co com—50
'
10%
7"%
20%
24%
Chicago Corp
1
10%
8%
21%
.'23%
14% May 21
12% July 13
(The)—
4,4u0
24%
78%
10%
33
*23%
5%
11.
5'A
32%
24%
78%
5'A
1,600
93
32y8
78%
10%
.,10
81
32%
'32
81
23%
9%
.
33%
1,800
105
81%
24%
24
38%
80%
*103%
93
Jan
..
81
105
23%
Nqv :30
20'A
•
'<
28%
32y2
preferred—100
!
*92
6
10'/2 Jan
■; 6% Feb
*103%
23'A
25
23%
,.
9V
Dec
105
800
7
7
93
25
•
93
7
12%
8
26
24
7
7%
10%
13%
',.25
23
21%
21%
8
.
*7%
8%
21%
Feb
33%
'
t
10%
*7%
5
Dec
6% May
23% May
•
7
105'A
*104
.
24
24
8%
2%
15,800
99%
130%
12%
4% May
30%
30%
30%
100
132
26%
.
30%
100
*130%
7% Feb
8% May
,
/
6,000
133%
6% May,
4y4 May
%
60
54%
100%
Jan
'
135
54
*130%
12%
17 J/s July 14
3,700
xl00%
,
5% May
11 V
1,000
35%
135
54%
800
7
133%
6%
No par
convertible
53%
31%^
x30%
100
*132
9%
—No par
Co__
136
136
54%
54
32%
,99%
132
par
3%%
137
*135
54%
16%
Chic & East 111 RR Co com__No par
Class - A—1
40
'9
32%
132
28%
32%
78%
29
July 13
135
53%
6%
*28%
32'A
76% Nov
135
.
9%
Chesapeake Corp of Virginia
—5
Chesapeake & Ohio Ry common__25
x3iy2 Dec
*98%
preferred ——No par
$4.50
37
6
8 1
May
32%
99%
132
30'
Jan
.4
36%
32
1.25
54%
,
36%
*38%
Checker Cab Mfg
102'/a July
7% Feb
Apr
36%
135%
*130
8
Oct
25% Mar 16
36%
54%
15% Jun
-
,36%
*91%
8%
30%
Dec
81%
Feb.
36%
10%
33
6"
36%
*10%
28
26% Jun
31%
6"%
9.50
Sugar Co
24% Feb
100%.Jan
12%
31%
7%
33
Oct
18
12%
31%
7%
34%
May 24 '
16
12%
31%
34
20
Feb
.12%
7%
34%
30
17% Feb
5,000
12%
31%
*7%
33
12% Nov
90
160
18.400
1,900
12%
32%
Jan
Feb
'
27
31%
*32%
21 %
Jan
6.000
31%
30
7%
79%
Cerro de Pasco Copper Cprp
Certain-teed Products
30
31
12%
79%
17
27
—
104%
31%
78%
Dec
110%
30%
104%
267/a
'
200
5%
*7%
78%
20
Dec
5%
12%
79%
35% Mar
Century Ribbon Mills
5%
Shares
55
31%
*7
*78%
14%' Feb
•
32
L100
Jersey,
*53
104% .104%
26%
267A
.27
*103
79%
Dec
8
,
the Week
14%
7%
*134%
•
12%
32
*31%
36%
1
Nov
'
12%
32
35%
Light 4%%
tCentral RR of New
May 21
11-'
28% Apr
Co—
Foundry Co—
9 %
7% Dec'
12%
7%
.
pfd
_'_100
Central NY Pr Corp ,3.40% pfd—100
May 27
31
12%
Hudson G & E Corp__no par
74
32%
16%
17
Jan
27'A
32%
16%
9%
22% Dec
Apr
26%
5
Central
Jun
27%
32%
*7%
Ceptral of Ga Ry Co vtc
No par
5% preferred series B vtc—100
7
27»A
32%
18%
central
Feb
27%
*18%
1
Jan
105%
32%
18%
7-
Sugar
105%
14Vs
55
.5%
5%
'
14'A
*53
5>A
*104'%
26%
*18%
30
Aguirre
5%
*104%
105
20
preferred
11% Sep
18% Feb
5%
26%
12% Jun
12%
19% May
104%
26%
17
96%
20% May
105'A
5%
26%
22%
100%
5%
26%
28
10%
11% May
5%
No par
21
116
Dec
54
*31%
100
5% Dec
—
4% May
'11% Dec
"53
No par
2nd preferred,
6% Feb
—
Dec
54
14'A
Sales lor
S per share
:
•
16% Jun
—
77%
'
.
Feb
—
Dec
*53
t
No par
>1
Jan
—
7%
54%
27
—1,100
_
14%
—
100%
*53
*32%
25
common.
22%
7% May
--
54%
Friday
Dec. 17
t per share
15%
1
preferred—u
*4.75
25
19%
*.14%
Celanese Corp of Amer com_.No par
2
32%
15%
.
50
!
9
19% May'
Dec
Co
*14'A
10'
series—
Corp——
Caterpillar Tractor.,.
May 27
39% Jun
I)
'
•
4%
$ per share
15%
1—5
common———
General
&
iJ
Case
147% July 15
'•.,•>**'■>
Corp
Conv preferred
Carriers
2
10
Nov
Carrier
8
May 20
Thursday
Dec. 1(5
,
$ per share
*104%
;
Light——-No par
-
S per share
*53
5%
Clipch & Ohio Ry_„.'.-100
Carpenter Steel Co—
.Wednesday
Dec. 15
Dec. 14
*14%
1
19
SALS! PRICES
HIGH
Tuesday
15
-—10
Inc
AND
Monday
Dec. 13
,,
$ per share
'*14%
(2551)-
RECORD
Dec. 11
Par
A—
Airlines
Carolina
19% May 21
45
preferred
$3
12
'21%
'
Capital Admin class A common—l
110% Nov
,5
32
July 28
12% May
Jan
CHRONICLE
LOW
Saturday
'«
t
8% Mar 22
35% May
6
STOCK
STOCK
EXCHANGE
Aug 26
Dec
48% Apr
3% Sep
NEW YORK
May 15
50
,
YORK
FINANCIAL
STOCKS
11
5%
&
105
33'A
*92%
-
.13%
34'/2
94
2,500
580
'170
2,500
40
>
13%
13%
1,400
87
86%
86%
190
31'A %
30%
31%
16,800
06 %"S
95'A
96
8%.
60'A
•
200
8%
8%
2,500
59%
59%
1,600
20
(2552)
COMMERCIAL
THE
NEW
Range for Previous
'I '
Range since Jan. 1
Lowest
.Highest
t per share
YORK
$ per share
f.
NEW
t per
I per share
Par
12%
Feb
Feb
27
10% Jun
24
Continental Motors—;
Dec
463/4 Feb
11
693A Jun
18
Continental
Oil
12 %
Apr
27%
Oct
14
Mar 16
19% Apr
16
Continental
Steel
19
Feb
19% Mar
14
Cooper-Bessemer
55
Dec
May
May
6
9
33
Jun
x493/4 Mar T7
55
July 12
Feb
12%
Jun
17%
Oct
13
44
Dec
55
Feb
21% Oct
42% Mar 24
11
12% May
20%
Feb
513A
61
Jan
50
Feb
49
10
91/4 Nov la
18 V2
Dec
32%
Fed
18 '
Nov
88 %
Dec
105%
Feb
88
Nov
Dec
105%
Jun
86
Oct
Sep
75%
Jan
563/4 Dec
1
15
233/4 Oct
28
61%
Nov
57% July 14
3
88
22
15% Jun
13
Dec
1
18
15
973/4 July
98
Copperweld
7%
7%
'7%
8%"
8%
57 %
56
56%
55%
56 %'
55%
—14
*15%
15%
15%
15%
15%
15%
15%
15%
xl5%
common—5
243A
2434
25
25 %
25
25%
25 %
25 %
25.
25%
No par
54%
54%
*54
54%
54
54%
54
54
54
54%
common—5
16%
16%
17
16%
16%
16%
16%
16%
16%
48
48
47%
~*10%
Corp
Co
preferred
*
pfd 3 % % ser of
Products
Corn
1%
Mar 19
177
7%
56 %
50
164 % Oct
Jan
3 'A Dec
1
5% Jan
2
Coty
Jan
1% Dec
16
33/a Feb
2
Coty International Corp
13
393A Jun
94% Aug 31
98% Jun
2
Jan
15
Creameries
24% Dec
13
Cream of Wheat Corp (The)_.
29
Feb
40%
Feb
14
•Crane
Mar
16
Oct
9
22Va
Dec
30
Jan
x21
17 y4 Nov
10
26% May 27
41
Dec
52% Mar
363/4 Nov
18
46% Mar
6
$2
34% Jun
1
Crown
17
13
Mar 18
25
Apr
34%
Oct
24 V* Dec
10
98
Dec
108%
Feb
91% Feb
24
103
105% May
130 %
Oct
95 '
Dec
9
129
22% May
37 V*
Feb
21
Nov
66
Dec
96
Jan
22
May
34%
Oct
25
137/a May
2iy8
Jan
165
165
Jan
29
283/4 Jun
14
65 % Dec
1
78% JuA
Dec
3
34
123/a Feb
Jan
1
11
155
4% May
127/s May
129
Feb
11
17
150
Mar 11
61
7
21%
Feb
4% Feb
Feb
6%
27
18% May
30%
Feb
19% Aug
26%
Sep
19
Sep 28
97
Sep
85
Oct
23%
Oct
13% Mar
14% Dec
13;
92
*92%
93%
*92
93%
*91
92
57%
2%
56%
173
57%
173
57%
"172%
3%
3 %.
3%
3%
172%
*3%
3%
2,900
2
5,800
3%
2
2
2
2
1%
2
96
30%
31%
30%
96%
*94 %
98%
"94%
96%
9%
9'A
9%
9 %
9%
24%
24%
x235/a
30%
31%
"94%
31
98 %
174
30%
"95%
9%
9'/a
"9
4 (J
100
57%
172%
172%
3%
*93/8
-
57%
57%
33/4
*94%
,
19,
2%
3%
*2
31%
57%
172%
57%
173
18%
2
*95%
5,000
98
9
9%
120
30%
30
30%
7,800
9
2,000
23%
900
18%
18 %
18,%
18%
18%
37%
36%
37V4
36%
36%
3,700
1,600
24%
25%
24%
25
25
25%
24%
25
24%
4,300
No par
*95
96
94
94
95%
220
$4 2nd preferred——
No par
Crucible Steel of Amer com—No par
*95
98
Zellerbach
$4.20
Corp
preferred'—
21%
100
Cuban-American Sugar common—10
95 %
'
22%
*23%
95
95
*95
"95
96
22%
"21%
21%
66%
66%
26
26
68
66%
25%
26
"25%
26%
15
15
*160
*178
non-cum
*160
100
10
21%
21%
66
21%
661%
178
8%
8%
8 Va
15%
8%
xl5
178
8
15
178
*160
8%
8
8
70
71
69%
69%
"69
73
123A
12%
13
13
Cunningham Drug Stores Inc—-2.50
Curtis Publishing
com
No par
*163A
17%
*16%
17%
17%
17%
7%
100
Inc
preferred
Curtiss-Wright
70
7%
No par
No par
7%
common
130
493A
8
7%
130
48 3A
8
,
1
pfd
23
"125
140
49
73/4
'
23
*132
No par
Inc
*122
12%
2,500
66%
800
7%
7%
"125
130
8
22%
*132
253A
25%
203A
203A
87
87
"48%
49
7%
23
7%
22%
140
23
"132
253A
26%
20%
20%
20%
20%
800
12%
1,100
171/2
17%
600
7%
11,100
7%
7%
7%
*125
125
20
130
48%
48%
48%
900
7%
7%
7%
7%
23,400
23
20%
23
23
*132
140
23%
*132
26
20%
\
11,500
48%
140
25%
8%
125
23%
*132
26%
8%
69%
12%
17%
7%
22%
140
26%
8
69
12%
49
7%
4,600
178
72
'
130
48%
15%
15
*160
117%
17%'
"17
200
27
12%
12%
"
*483A
100
A
Cushman's Sons Inc 1%
Cutler-Hammer
7%
7%
*122%
1
preferred
Class
21%
66 %
15%
*69
13
Prior
96
*26
178
8
70
*12%
$7
T
21%
;
27
15
"160
15%
"160
"26
5
preferred—.
Press
95%
*95
"
6%
preferred
4% %
24%
96
98
96%
*66 %
23%
24
*95
"95
21%
66%
66%
24
98
15%
15'/a
7%
25%
95 Va
26
*25%
preferred
conv
RR
24%
*95
22%
66%
pfd—__ 100
2
137
July 2
x31% May 26
21% Mar 16
90 »A
July 15
Aug
19%
*91
93%
18
May 14
12% July 21
28% Sep
1
13
Jan
133
Apr
13 %
11
183/4 Feb
Dec
132
■
18%
91%
"92
37%
1
48
19a/t
x91%
*23%
4
1223/8 Feb
Xl9
93
.92
37%
15% Dec
Feb
19%
93
"91
23%
18%
27% Nov
Dec
15Cf
18
Cuneo
Mar
1,200
5,900
37%
Cudahy Packing Co common
70
2,700
50%
19
88
July 30
173/4 May 18
24% Jan 13
121/4
10%
50 %
38
133/4 May 21
147
10%
18%
1
Jan
10%
50%
.50
38
17
Jun
56
47
24%
29
6% May
113%
47
92
173
3%
2 Va
31
4,400
47%
92
57
173
3%
■
19-
350
16%
38
Oct
24%
*171 %
57%
■
19%
3,500
16%
92
92
57%
2.50
—
Dec
7% Dec
69
19%
26%
54%
*91
92%
*91
.2
com
12% Nov
Sep
Mar
101
19'A
2,500
25%
24%
18%
Seal
&
Feb
17%
Dec
19
*91%
1
19%
Dec
50%
100
America
of
Dec
12%
82%
xl6
11
50%
41,900
9,800
54%
*15'/a
183A
5%
Jun
177
21
Apr
10%
51
8%
5o %.
15%
15 '/a
38
Cuba
9
11%
Shares
No par
com—_—5
2
17% Aug
11
50%
25
cortimon
preferred-
17
Jan
11%
51
1—1
preferred
Cork
Crown
% July 14
Jun
11%
50%
r—1
Co
3%%
107
Dec
Dec
,
Inc
Dec
•49
51 %
100
Aug
11 Va
"48
,11%
25
8'A
26 % May
49
103/4
5
com
4%
97
'
*48
*50 3A
100
Dec
preferred
49
20
1947—100
Refining
16%
—1
Dec
195
*48
•
■
7%
for
the Week
$ per share
8Va
56 3A
7%
8
Sales
Dec. 17
56
Exchange Bank & Tr Co
Corning Glass Works common
Cum
$ per share
t per share
Friday
Dec. 16
56%
Corn
3%%
Thursday
S per share
73/4
Convertible pref 5% series
Cornell Dubilier Electric Corp
1
1 per share
Dec. 15
55%
Corp
Steel
9 per share
PRICES
Wednesday
1
4%
Dec
Dec. 14
5
;
Delaware
$3 prior preferred—
July 21
66% Mar 24
of
2%
170
Tuesday
Dec-13
LOW AND HIGH SALE
share
55%
43
Monday
Dec. 11.
Monday, December 20, .1943
RECORD
Saturday
STOCK
YORK
Apr
14 %
CHRONICLE
STOCK
EXCHANGE
Highest
35
6% May
FINANCIAL
STOCKS
Year 1947
Lowest
&
140
25%
2,700
25%
26
26'A
1,900
2,200
D
Nov
14% May
Jan
Dec
82%
Dec
101% July
84
Dec
101 y2
July
84
12%
Sep
23%
Feb
11
Oct
Jan
Sep
20%
8
Aug
45%
Oct
May
46%
Oct
Dec
38%
29%
24
2
17% Jan
6
33A% pfd series A
.—,
100
Davega Stores Corp common—2.50
5%: conv preferred
20
Davison Chemical Corp (The)
1
Dayton Pwr & Light common
7
,
4
94
Jun
17
Sep 27
94
Jun
10
15% Jan
5
,8% Sep
27
24
Dec
1
,31% Dec
17
Feb
29% Feb
5
10%
283A July 14
31% Aug
1
common
133/4 Jan
9
Jun
15
46% Jan
2
42
Preferred
3.75%
series
A
Preferred
3.75%
series
B
Dayton
Decca
Records
34% May 24
Co
&
7%
50% Jun
24
Delaware
13% July 12
Delaware
11
393/4 July 15
Escrow
ctfs
for
58
Escrow
ctfs
for
Dec
143/4 Feb
Dec
32 Va Mar 16
27% Mar
20
Apr
59
62%
56
Lack
Detroit
16% Jan
10
De
31%
Feb
19 % Dec
17
28% Jun
2
20% May
35 y2 Apr
47
Jan
42%
Nov
50
Jan
38
13
Dec
24%
Feb
11% Nov 29
193/4 May 26
l iy4 May
18%
Jan
13
Mar 17
X193A May 21
35% Mar 12
Feb
46
Jun
10
Steel
Diamond
6%
Distill
Oct
14
Dec
17
Sep
25
Nov
13
41
Jun
2
Oct
46% Dec
9
56
Apr
21
19%. Dec
34
Feb
10
Dec
1
23
Jan
5
28% May
16 % May
39%
Oct
29
Feb
13
40
Jun
16
Doehler-Jarvis
21 Va
Jun
11% Nov 22
19
Feb
76
Jan
47
20% Oct
19
Divco
Dr.
24
Dome Mines
15
22
Dow
Feb
6
106% Jun
15
'.'
Dec
1041/4
Oct
90
Feb
13
106% Oct
22
xl8% Nov 29
31% Jun
21
Feb
83
Jan
2
98
July 16
3%%
Feb
12% Feb
11
20
May 15
Dunhill
Nov
12% Dec
11
18
May 20
Duplan
Dec
19% Mar
14
113% Jan
28
Feb
11
Sep
94
111% Aug 24
11% Dec
•
17
188% July 9
124% Jun 17
99% Jun
116
22
15% Jan
2
# per share
Lowest
$ per share
6 per share
conv
157:
Sep 27
31,
Dec
10
14% Dec
7
88
Dec
15 Va
Aug
27%
Feb
10% Dec
17
Dec
111%
Feb
92
Dec
15
5% Jan
5
Feb
4% May
8%
Feb
33% May
82
Feb
653/4
Mar
8
39% Nov 10
175
Jun
17
33% Dec
1
19% May 17
92% Jun
1
16% Jan
106
2
Jan
12
8% Jun
56
Jun
24
1
'
6%
13
16% Oct
21
19
37% Jun
10
10
11% May
145.
Dec
19%
Feb
13% Feb
11
2% May 24
23% July 7
171
10
166
Oct
21
$7
135%
Dec
156%
Feb
123% F6b
11
147
Oct
26
$6
Jan
57%
Oct
49% Feb
10
56% Jan
9
13% Dec
16
17
Jan
6
19% Nov
9
27 % Jun 14
8
74% Jun 14
139x
24% Mar
x55
Feb
Dec
45
Aug 19
49
Oct
59%
Oct
55% Feb
13
76
Jun
17
Dec
112% Feb
11
20 Va
July
9% Mar 18
8%
Dec
19%
38
Jan
Apr
-
4%
12% Jan
97
12%
Feb
Feb
63
85
Mar
Nov
7% May
17% Dec
24%
13%
27
5
9% Feb
11
50% Feb
11
59
Sep 14
4% NOV 29
Feb
Feb
10% Nov
,
*6%
9% Nov 18
25% Jan
50% Oct
*58
*23 %
13% AUg
7% Mar 17
35
Dec
16
4% Dec
17
For footnotes.see page 28.
1
*58
62
Convertible
8%
8%
8%
23%
23%
23%
23 %
*23%
24
«11 %
*23%
11%
23%
11%
12
12%
12%
*12%
123/a
1,000
20%
20%
20 V4
19%
20
19%
193/4
3,600
39%
1,000
9%
8%
24
j
20 f N
f 40
39%
11%
1,700
2
15 V<
15%
15%
15%
15%
153%
15%
153/a
15%
153/4
15%
15%
8,400
*42
43
*14
14%
*14%
14%
14%
14%
14%
14%
14%
14%
14
*29
29%
29%
29%
29
29
29
29
28%
29
28%
28%
46%
47
47
467/a
46%
46%
47
46%
467/a
47
47%
46%
10%
10%
30
30%
■
/
10%
10%
10%
10%
10%
10%
10%
10%
10%
3,000
31%
31
31%
313A
32%
31%
32 Va
31%
31%
2,700
11%
11%
11%
12
11%
12
11%
53
52%
53
51
51%
51 %
47%
48
48%
48%
48%
48%
48
No par
LNo par
A
'*99%
104 "•!< 104
1
99%
104%
99%
20%
104%
fl
20%
20%
"
20%' f
1'.—100
*86 %
87%
1
*12%
13%
*12%
14
—No par
12%
12%
*12%
12%
No par
100
5
85
172
*118%
171
*118%
119%
*97
97 %•
97%
*115%
116
*11%
12
86 %
.'99%
,
'
(
19%
'. *83
34
104
Jan
8
jun 10
6 % Nov
4
*83%,
20% May 17
11% Jan
5
49% May 3
7% Mar 30
*12%
*83%
14
12%
12%
100
12%
12 3/a
123/4
2,000
12%
171%
118%
119%.
119
119%
*119%
97%
97%
98
98%
97%
97%
115%
115%
*115%
*11%
113A
86
11%
I per share
8,200
86
12%
119%
13...
i
98%
*115%
116
11%
*11%
116
11%
Wednesday
119%
120
172
119%
4,900
900
98
98
,
1,700
116
20
11%
400
Friday
Thursday
Dec. 15
I per share
172
PRICES
HIGH SALE
Tuesday
Dec. 14
500
Sales
Dec. 17
Dec. 16
I per
tper share
9 per share
18%
183/4
183A
19
153/4
16
15%
16
14%
14 VB
14%
tor
the Week
Shares
share
19
16
14 Va
'
19%
153/4
14%
19%
18%
193/a
19
19 Va
153/4
16 %
153/4
16
143/4
143/4
143/4
*14%
5
common——10
Co
13 Va
13.%
14
14
13%
13%
13 %
13%'
13%
13%
13 %
13%
2,000
433A
44
44%
44%
44 Va
44%
43%
443/a
43%
44
43%
43%
20,000
160
*160%
*161%
163
1
161 Va
31%
31%
32
32'A
313/4
31%
31%
32 Va
14%
143/4
14%
143/4
14%
*14%
14%
14%
14%
90
90
90
92
90
90
*88%
90
*88%
92
110
11%
11 Va
ll'/a
11%
10 3/4
11
103/4
11
10%
11
3,900
96
92
92
*92
*92
96
*14%
143A
*14%
143/4
*333/4
35
*34
36 3/4
*34
2
2 Va
2
20
2%
2%
20 %
203A
150
154
151
139
*135
No par
*50 Va
493A
51%
*137%
56
*543A
14%
143/4
14%
453/a
*45
46%
*45
45%
68
66
66 %
*66
67
13
12%
13
13
13 %
4,100
143/4
14%
143A
143/a
14%
13%
14Va
14 Va
143/a
7,500
14%
1,500
143/a
14%
14%
30
30%
30 Va
100
99%
99%
*99
13%
133/4
56
56
55%
55%
*61
5
5
2.50
*43/4
10 Va
83A
47/a
900
12%
14%
37
200
133/4
*66 Va
13%
8%
1,000
56
*44
13%
93A
20
*543/4
133/a
133A
37
*19%
56
68'
13%
1
20%
45 %
*4%
3
13%
20 %
13 Va
4%
5
13%
19%
"66%
60
;
800
*44%
30
5
600
'
;
133/4
14%
66 1
49%
68'A
100
•___
1523/4
140
45%
4%
No par
133/4
12,800
68%
47/a
.
20 3A
*433/8
31%
100
49%
•
38,400
X13 3/8
4%
_1
14
193/4
*543A
152'A
*137
49%
1,000
2 Va
20%
139.
x49 %
56
13%
Bldg
133/4
493A
20
69
Eversharp Inc
Corp_
Exchange Buffet Corp
1523A
139
493A
14
45%
A
153
*137
50
14
13 %
preferred series
*151
139
50
56
*67%
*99
153
*136
14%
36
1%
1523A
*150
139
50%
1,100
9,400
20%
152%
10
6 3/8
'40 3/4
14
2%
20%
20
*433/8
—•—100
-21
14%
3
14%
20%
55
50
*30
21
94
♦34
36
2
1,000
6%
14'A
*34
2%
20
3,000
40%
'
40%
14%
143/a
36
203/a
*14
,
Electric Mfg Co4
Radio & Phonograph—5
...
20%
6%
40
19%
'
56%
25
213/a.*
14%
*90
94
6%
-
55
14
*55
10
2%
*90
20%
50
common
6 %
14 Va
*6%
41
-
41%
35
1
135
common
6 %
40 3/4
6%
42 Va
No par
4%
63/4
41%
6%
41 Va
——No par
Endicott Johnson
Corp
*92
6%
2Va
Empire District Electric CO—
11
41 Va
14%
___
96
*89
-
6%
*?3%
Natural Gas
162
40 3A
3
preferred
preferred
;
164
161%
31%
143/4
No par
common
*162
1,000
31%
11 VB
5
preferred
163
11,900
*89
_100
1
common.
*161 Va
*
15
31%
100
(The)
*14
31%
160
2.50
common
>
1,800
'
143/4
*143/4
100
14
Ex-Cell-O
*83%
14
12%
107%
11%
"
153/4
*20
5%
86%
*12%
12%
172%
12
400
19%
..1,100
r
Erie & Pittsburgh RR Co
Eureka Williams Corp
Evans Products Co
14
! ' 19%
20.%
172
*115%
5,100
104 Va- 104%
14%
68% Apr
14
105 ;
2,900'
101
15%
Erie
Jan
20/
101
1
10
1
16% July 12
65% July 15
9
'20%
100 3/4
-—10
—
Inc
10
RR
*104'.
20,600
'
14
LOW AND
Co
preferred
Equitable Office
48'/a
172
Monday
9 per share
513A
48%
171
116
Dec.
14
51%
48 Va
172
*11%
Dec. 11
13%
51%
48
12
100%
20
,;86%:
12%
13
51%
48%
*104',, 105 ;.
20'A
,*12%
11%
52
.
*100% '101%
99*%
M04 %' 105
*115%
Saturday
*19
350
10%
52%
*99
600
1,800
*
:
31
15
conv
Emerson
300
14
No par
—No par
15
15% July 9
16% Aug 27
500
42%
STOCK
YORK
7,800
11%
Elgin National Watch Co
Paso
9%
3 9 3/8
Elliott
5%
9
*41%
Electric Storage Battery
Emerson
9%
Ltd
preferred
preferred—
El
9
U3A
Electric Power & Light com„No par
6
62
40
—
Auto-Lite
Electric Boat
6
*57
41%
preferred
Kodak
Co
62
11%
Elec & Mus Ind Amer shares
5%%
*57
62
7,400
40
preferred
3
•
'
82% May
Dec
Feb
4% Jan
Dec
67
2
x29% Jan 22
Mar
47% May
11,000
41%
common
Products Co
Electric
Feb
107
1,100
20%
12 Va
4%% preferred
Elastic Stop Nut Co
1% Nov
Dec
46%
20 Va
42%
—5
preferred
4%%
Ekco
11:
11%
26%
46%
20%
40
Eaton Manufacturing Co new com.2
Edison Bros Stores Inc common.—1
32% Feb
27% May
May
3% Dec
25%
47 Va
20%
No par
Airlines
Eastman
Feb
102
26%
47%
20%
62
8%
9%
*41
Par
Jan
46% May
9% May
26
47%
20 Va
12
Duquesne Light 5% 1st pfd
DWG Cigar Corp—
Jan
Dec
„
series——No par
3%
15%
27%
47%
42%
series
16%
July
26
20%
12%
$4.50
39%
47
36%
46%
20%
42
$3.50
Sep
2
*58
36%
46%
20%
39%
8
46% May 15
50 Va May
10 % May
60
27%
•
22 3A Jan
109
20%
12%
Eastern Corp commonEastern Stainless Steel Corp
11
4,800
8 3A
39%
Eagle-Picher
10
2,800
8%
40
9
42
1
38 Va Feb
1,500
40%
40%
83A
12%
9 per share
13% Dec
1,300
14,200
32%
43
19% Nov
104
*56.
EXCHANGE
Jan
,
33
40'A
.
28,700
32 »A
12%
Preferred
NEW
48% July
1981% Oct
32%
9
8%
-
fv-
28 V.
313A
28%
323/4
46%
26%
*46
39%
25% May 27
20% May 18
Feb
9
10
28%
*31%
32
12%
10
25%
20'/a
39%
11
Dec
46%
20%
83/4
93/4
'
180
12%
127/a Dec
"bee
27
46
39%
13% Oct
18%
26%
9Vs
10
28%
.
.
10,600
''
8%
9
3,000
19
2
18% Nov 30
163
40%
40%
25
253/4 Aug
51
40 Va
40%
No par
241/4
Dec
333A
9
'•
9%
28%
32%
*33 Va
92
9
10%
28%
41
Preferred
Eastern
10%
10
32%
21%
Nov
May
2,100
33%
20%
Jan
14%
160
9
29
21%
16
42 %
92
'91
9 Vb
29
*20%
19%
Apr
92
92
9
33
11%
International
Highest
9 3A
.
29%
40%
171%
Range since Jan. 1
Highest'
92
34%
9 Va
Du Pont de Nem (EI) & Co com—20
3
Jun
914 '/■
9
STOCKS
Year 1947
253/8
91%
No par
Co
Corp
Range for Previous
Lowest
25
29%
'
19
115% Jun
18%
25'/a
91 %
33%
40%
2nd 'preferred—.
Dresser Industries common..—50c
17%
Mar 18
9%
11%
$3.25
98%
1071/4
193/a
91%
*91
9%
9 Va
No par
$4 preferred series
Dec
129% Aug
18 3A
25
92
34
11%
Ltd
Chemical
10% May
14% Nov
Sep
19%
25 Va
*91
29%
24
Douglas Aircraft
50% Oct
97
Dec
9 Vb
333A
9%
Corp
67% Apr
Feb
Dec
91
9
*11%
Co__
Pepper
29
114%
92%
91
93/8
19
25
.
1
20
Dec
110%
90%
9%
*23%
Corp
Nov
.'98%
115y4
90%
-
Co
Car
Dixie Cup Co common
Class A
32% Feb
164
91
——1
common
Corp-Seagrams
19%
July
19%
253/a
91
*—_—1
preferred
40%
197
19%
25
92
5
Motor
T
55%
May
9 Va
*29
20
Match
partic
Diamond
May
173
91%
19
40%
Devoe & Raynolds class A—-—12.50
May
80
193/8
25%
*90%
100
Corp
25
Dec
Va
25 Va
90 %
100
Vilbiss Go—
49
23
10
253/a
*14%
West RR
com
pfd—
Detroit-Michigan Stove Co
46% July 29
11 Vt
May
*14%
50
Western
&
13
13% May 24
263A Oct 23
'.'14
15%
100
Hudson
&
8% Dec
9
91%
14%
9 %
Detroit Hillsdale & S W RR Co__100
9
22% Mar 18
42% July
14%
34
60 % Jan
11% Dec
Sep
600
143/4
333A
2
Jan
May
14%
14%
34%
Dec
13% July
26% Oct
45
14%
15
34
Detroit Edison
22
36 y8
190
700
15 3A
*14%
34 Va
9
16
.
,
14%
15%
*33%
July 15
21% May 17
10% May
17% Jan
Dec
87
14 %
*143/4
20
11
19%
15 y4
203A
87
15%
16 3A
*90
—_50c
preferred
20
44%
Oct
20'A
87
88
16%
18%
1
No par
;
Denver & Rio Grande
-
20%
87
*87
16%
90%
100
Inc——
common
73/8 Feb
8% May
.
*87
20%
88
16%
25 Va
50c
Deep Rock Oil Corp
Deere
38% Jan
25% May
207/a Dec
Aug
88
16%
*14%
100
Rubber Co—
Feb
Oct
*87
*16%
'
16
45 % Mar
32% May
5% May
94 % Jun
203A Jan
8% Nov 30
Feb
33
31
Dana Corp
9
82% Nov
24%
10
is % Feb 14
24% Feb 25
16 V*
24
35%
30% Jun
55%
*61
4%
10
8%
37
*4%
55%
.66
5
10 V*
"61
4%*
10
5
66
4%
10
9
8%
83/4
37
36%
36%
*4%
4%
4%
14%
31
*99%
14 %
14%
313/4
4%
13%
56
56
*61
66
4%
10
8%
36
43/a
4%
10 Vb
9
36
4%
4%
13.
31
5
56
•
56
66
♦43/a
56%
*61
4%
X9%
83/4
13
30
•'•
-13%
56 Va
3,000
'
14,500
800
66
'
4%
35
700
100
13%
•
313/a
*99 V2
4%
•
5
*61
'
14%
32100 '•
*99%
4%
13%
14 Va
*31
100
400
9%
,
4%
9%
4%
2,600
9%
2,100
9%
8,600
35%
*34%
353/4
1,600
4%
4%
4%
300
9
Va
9
Volume
168
COMMERCIAL
THE
Number 4761
1
Monday
Par
Dec. 14
21
PRICES
Friday
Thursday
Wednesday
Tuesday
Dec. 13
Dec. 11
Sales
Dec. 17
Dec. 16
Dec. 15
for
the Wetk
t per share
tper share
Shares
I per share
9 per share
39%
39%
39%
40%
*39
39%
1,900
21"%
23 %
22
22%
21%
22%
21%
22
22
22%
22
22%
4,300
—1
21 %
*23%
23%
23%
23%
23 %
23 %
23%
23%
23 %
23%
23%
600
Televis'n & Rad Corp—1
7%
7%
7%
7%
43,100
14%
*14%
14%-
2,200
$ per share
< per share
t per share
(2553)
LOW AND HIGH SALE
Saturday
:
EXCHANGE
Highest
Lowest
Highest
STOCK
NEW YORK
Range since Jan. 1
Year 1947
9 per share
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
Sper share
Sper share
F
44
60
Jan
30
54% Jun 10
Fairbanks
30
33 % Oct
Fajardo Sugar Co of Porto Rico„20
37
Feb
32
Farnsworth
Feb
11
16
Oct
43
23
Jun
16
20
35% Feb ,11
July
3
Apr
5% Nov
30
12 %
20% Feb
10
31% May 14
99% Jun 15
Dec
90
Feb
9
20
Feb
10
May 18
Jan
18% Mar 17
5 9'A
Feb
53% Feb
69% Oct 26
61
Feb
42'A
Jun
.51% May
14% May
21'A
Dec
Jun
29
107% Jun
18
42
20
59% July 12
20% Aug
9
42% Jun
49% Mar 16
v
14% Feb
Jan
24
May
39%
Oct
28% Nov
29
99
Dec
110%
Feb
96
Dec
9
30
May
41%
Jan
26%
Dec
17
13
Dec
17%
Jan
13
Dec
17
36% May 26
15% Jun 24
18
May
24
14 V2
9
14
Dec
12% Dec
17
21% Jan
6
Dec
23% Feb
11
40% Jan
12
15%
May
Aug
Feb
17
July
3%%
38% May 21
23% May
26%
Jan
22
Mar 16
12% May
25%
Jan
10
Dec
May
,25"% Jan
16% May 21
17
8% Aug
10
9
May 15
36% May
11% Nov
50%
Feb
35% Feb
13
47% Oct
22
Jan
10
Feb
18
12 %
18%
Dec
39
Jan
17% Mar 12
24% Jan
5
77
Dec
74
84
4
103% Mar
Sep
28
22
May 18
Aug
4%
27
27%
2,700
90%
90%
20%
20%
19%
20
44%
45%
104 Va
20%
20%
*19%
20
65%
66 Va
*65%
419 %
44
44%
*104
104%
*54
55
55
*53 Va
55
54
17%
17
17
16%
16%
16%
29%
30%
28%
29%
29'A
29%
29%
29%
98
98
*97
98
98
98
x28
28
25%
25
24%
13 Va
17 Va
800
98
98
26%
1,900
13%
4,600
27%
27%
27%
27%
26%
13%
13%
13 Va
13'A
13
7,600
100
13
!.
12%
12%
Xl2%
12%
12%
12%
12%
12%
1,500
25%
13
24%
24 y8
24%
24%
24%
24%
24
24%
3,400
1
9"%
9%
9%
9%
9%
9%
9%
9%
29%
*84%
*91 %
30
x29%
30
29'A
29%
28%
29 %
28'A
29
27%
28%
85%
93%
*84%
86
84
85
82 Va
83'/a
83
83
80
80
*91%
93%
93%
92%
92 Va
91%
92%
*91%
*26%
26%'
x26 %
26%
25%
25%
25 %
25 %
*25%
25%
25 Va
25
10"%
*23%
24%
*23%
*23%
24%
*23%
24%
*23%
10%
10%
10'A
10%
10'A
10%
10 Va
10%
8%
44"%
11%
8%
83A
8%
8%
8%
8%
*8%
8%
44%
44%
44%
44 Va
44%
44 %
44%
*11%
11%
11%
11%
*11 Va
11 Va
*11%
21%
22
21%
21%
21
21%
*76%
78
*76
76%
*24
1
common—__1
21%
;
100
preferred
,
22
76%
76%
93A
9%
9%
10%
8"%
*44%
*11
,_No par
Co
Co
400
29%
Corp—10
_100
Chem
.200
■
29'A
13%
..
3,000
54%
*17
100
*98
1,100
44%
104%
54%
17
300
66
44%
*104
54%
*17
690
1,100
20
65%
66
44 Va
17%
29%
98
*53%
91%
20
20%
800
20 %
91%
92
55
*13
14%
20
104%
44%
*104
104 Va
90%
90%
20 %
45
44%
104 %
90 %
*19%
66%
65%
GG%
66%
*103%
44 %
133A
Freeport Sulphur Co
10
Froedtert Grain & Malting Co Inc_l
-
27%
l.j%
29%
10
-
Trailer
27%
91-
13%
Franklin Stores Corp
Fruehauf
2,500
21%
19%
29
—-25
Sugar
800
5%
*90%
13%
13%
Corp
■Prqr,p^(.0
17%
53A
27%
29
prior preferred
6%
5
17%
53A
13%
—100
common—10
Foster-Wheeler
36%
17%
5%
27%
29
Corp
conv pfd
preferred
36 3A
53A
5%
66 %
29 %
7%
Fair Stores Inc
3%%
36 3A
*17%
27%
No par
;
Machinery &
36%
17%
5%
*95
Corp
Steel
36%
*17
*20%
104
17%)
Florsheim Shoe class A——No par
16
27
24% Feb
Power
Follansbee
Food
92"% Dec
Dec
Florida
21
10
32%
Florence Stove Co
36%
17%
6
._No par
preferred
Jun
82% Nov
19%
$4
37%
27
20
44 %
—No par
7%
14%
27%
5%
27%
91
20%
104
*54%
(The)
Food
105
25
100
com
Carpet Co
No par
Flintkote Co (The) common—No par
47% Jun 14
17
Dec
80
Firth
12% May 24
9% Mar 17
27% Dec
110
Rubber
preferred
First National Stores
May 27
40%
Jan
91
xl04
4%%
&
Tire
Firestone
7%
14%
53A
6
66%
5
7%
14%
17%
1
—
7%
14%
17'A
37
17%
10
100
preferred
Mfg Co
Fidelity Phen Fire Ins N. Y
7
53
1
103% Nov
107% Aug
62% Dec
Sep
37
27%
7%
7%
14%
*36%
37
6
40
7%
17%
27%
*90%
20%
*19%
*38%
39%
39
40
14%
8
*36%
5
Tarrant
9
26%
104
4%%
Stores com
Dcpt
Felt &
20% May
28
Federated
14%
39%
14%
*17
No par
Motor Truck
Federal
>
1
2
5
Fedders-Quigan Corp
Federal Mining & Smelting Co
Ferro Enamel Corp
46% May
Feb
Corp
7
24% Sep
26% Jun
26%
Brewing
Co
Federal-Mogul Corp
20% May 22
Mar 11
Feb
14 y2
Dec
20
Falstaff
16
28% July
107% Jun
93/a May
97%
29
11% Jun
42% Mar
Dec
19
Dec
28% Oct
24
23 %
May
167/8
14
Nov
5'
Feb
14%
v
Morse
Apr
20
~9%
47/8 May
11% Dec
28
&
No par
Nov
xl9y8 Nov
Jan
31%
May
25 %
*92
*76
25
78
,
9%
■
8,400
250
92%
140
26
1,300
24%
10
2,800
—
-
w
10 Va
2,800
8 Va
2,200
44%
8%
44%
44 V4
11%
11 Va
11%
300
21%
21%
21%
21%
3,600
74%
76%
*74%
1,200
76
180
■r1
G
8ys
Dec
17%
Feb
6% Dec
15
10% May 21
Gabriel
5% May
18 y2 Jun
10%
Oct
6% Dec
2
10% May 22
Gair Co Inc
21
Jan
16% Dec
16
8
12
9
48% Aug 19
27
17% July 21
Gamewell
22'A
Dec
16 % Nov
30
23 % Jun
Gardner-Denver
9%
4% July
26% Aug
Feb
5% Feb
11
23%
16% Dec
11% Feb
13
Jan
58%
Oct
11
185
8
Sep
23%
6
8% Feb
28
146
July
Jan
14%
Apr
37
10
18%
May
71
43% Nov
100% Jan
Feb
13%
Dec
99% Mar 24
Oct
Dec
Feb
Apr
63% May 15
May 12
11% July 13
159% Dec
1
1
14% May
Nov
3
15
July 14
72% Sep
23
82
Jun
30
44% July 15
18% Dec
17
24
Jan
2
9
144
Jan
33
Feb
Dec
160
Jan
32
May
39%
Feb
31%
Mar 11
43
34%
Dec
45%
Jan
34
Mar 19
87
Dec
10%
Dec
16% Mar
May
54% July
123
Dec
100
Dec
103
<
X125
87% Nov
Aug
131%
9
118% Feb
Feb
Feb
97
Amer
$4.25 pfd series Ar
General
Baking
$8 preferred
$ per share
51%
General Cable
4%
Jan
65%
7%
preferred
General
Jun
Jun
53
8
2
Corp com
$3.50 preferred
No par
No par
General Instrument Corp
25
25
128% Jun
2
5%
10
108
Jun
3
3%%
conv
Lowest
9 per
Feb
50% Mar 16
Nov
66
1
General
Motors
7
125% Jun
1
17
99% Jun
14
Preferred
13% May
18% Oct
19%
Jan
12% Mar 17
17% Jun
10
Gen I Outdoor
20%
Dec
16% Feb
26
13%
26
Feb
May
125
Oct
119
11
19
Nov
9
29
Feb
120
Sep
36%
Jan
24% Nov
110% Feb
22% Dec
Feb
22% Feb
11
■
%
Public
6%
Utilities
'
12
92
92
92
*90
11%
'
Jan
75
Dec
16
26%
Nov
39% Nov
10
58
Sep
48% Feb
27
85% Jun
:
28.
3
May 18
55% July
6
*90
12%
51%
51%
107
58%
58%
58%
58
122
122 %
122%
122%
122%
122%
96
96%
96 3A
96%
97%
97%
*97%
98
13
13
12 %
13
13 Va
13 Va
*12%
13
24%
24%
24%
24%
24%
24%
24%
13%
14
13%
13%
13%
14
13%
3
3
19%
123 Va
125%
123%
123 Va
122%
*123%
5
5
24%
24
*27
27%
119
119
3
*123%
125
*
125%
4%
4%
4%
24%
27
'
23%
4%
5
23%
24 %
24
27
27
120
119
26%
27
120
27%
119
119
23%
23'A
*23%
*101%
103%
*101%
20%
193A
:
33%
9,000
1,400
27
119
*101%
103 Va
19%
,19%
*101 Va
19%
19 Va
*101%
1,300
200
3,600
1,500
103 Va
19 %
20
3,000
*80
82
*30
82
*80
82
80
80
*77%
80
90
76
*72
76
*72
76
•72
76
*72
76
*70
76
33%
x31%
33%
33%
,
*86
32%
31%,
32
31%
32%
88 %
881/4
881/4
400
17%
17%
17 %
5,400
75
75%
75
75
20 Va
20 %
2OV4
20%
88
88
17%
18
17%
17%
17%
17%
17%
*75%
77%
*75%
78
78
75%
75%
20%
20%
20%
21
20 Va
20%
50
49
49
*49
88
*75%
,
20%
*49
*86
20%
50
*49
*86
*49
50
19%
31%
31%
.
88'A
88
17%
<
90
5
23%
103%
103%
19%
800
123
91
23
7,600
1,700
91
22 %
800
1,400
2,800
19%
22%
23 Va
1
30,500
22%
23 Va
17%
—50
119
3
V
82
*86
,_No par
*26%
13%
♦1,000
.,
.11 Va
23%
23%
20'A
26%
24%
23%
23
*101%
103%
19 %
5
23%
-
22%
23%
24
5
23%
119
119
23 Va
22%
23%
.
*3
3
24%
5
24%
27,200
.,122%
19%
125%
Shares
58%
58%*
58%
for
the Week
9 per share
19%
•
Sales
Dec. 17
Dec. 16
f per share
I per share
58
Friday
Thursday
Dec. 15
_5
com
107
*105
PRICES
Wednesday
58%
123
,
122
<
23%
■
100^
preferred
200
*123%
*105
Nopar
(The)
123%
124 %'
23%
com—No par
No par
preferred
18,200
1,300
19%
4%
—5
common
51%
106 Va
122%
200
12%
*123%
58%
95
12Va
*104%
$ per share
10
51%
106
HIGH SALE
1,300
12%
124%
Dec. 14
18%
133
*90
95
12%
51%
*19 Va
*123%
10c,
$5 conv preference—:-
conv
5,200
20 Va
119
4%%
39%
20
*27
Glidden Co
39%
20%
—1
$4;50
39%
20
13
103
T 39 %
39%
20
Gen Steel Castings $6 pfd—No par
General Telephone Corp
20
Gen Time Instr Corp com
Nopar
Gimbel Brothers
29,400
124%
*122%
3
24
Gillette Safety Razor
38%
20
;
27% Feb
2
38%
11
Dec
May 15
38%
11%
36%
25
38%
.
*104 %
9 per share
24
18%
*131%
11%
Tuesday
2,700
18%
131%
124%
Dec. 13
4,800
29%
18%
96
*92
11%
9 Va
29%
131%
18%
39
1,900
77
*75 Va
3
105%
96% Jun
29%
11
*72
39% May 21
77
*29%
60
11%
9%
9%
*75
29%
51%
124%
Monday
58%
39 Va
10%
11%
3Va
—100
-
9%
.
1,700
151
11%
preferred
1
9%
100
10
*157
159
10%
11
3,200
106
10
10%
II Va
3%%
14
159
45%
*103
11%
82% May 19
17
10%
10 Va
*45'A
46
106
HVa
23
Dec
45%
*103
14 Va
105
*104
105
*104
46%
3Va
72% Jan
17% Dec
2,500
13,500
■
11%
Feb
88
16%
14%
3%
98
Feb
16%
14%
11%
Nov
Jan
16%
14%
■
11%
3
81
30
15
11%
100
preferred——*
200
16%
i
16%
51%
-
14%
Gen Tire & Rubber Co com
29 %
51%
51%
13%
135/,
«
No par
•4%%
xll%
25%
•
*80
17
*28 Va
107%
50%
52
i
11%
25
*25
100
Dec
39% T
25%
1
preferred
99%
39%
.13
4%%
Jun
39% '
13
May 12
Dec
39%
13%
13 %
Jun
49
39%
96
90
21
'
39 %i
96
:
29%
133
x383A
38%
96
• <...
18 Va
*131
132%
39%.
123
-Nopar
General Shoe Corp
23
29% May 18
30% May
6
101% Oct 15
t
18%
18%
*130
29 3A
39%
57%
:
5%
77
*75
29%
39%
9 per share
5
Refractories
9%
9%
29%
*95%
No par
10%
77
5%
161
*157
10%
*75
30
,*122%
Corp
preferred
General
161
200
5%
*28%
30
106
xlOVa
10%
9%
9%
78
29%
Dec. 11
30
Jun
9%
*75
46 %
*103
1,400
5%
104
*103
*46%
103
10%
10%
*10%
*123%
3
104 y2
*157
159
159
163A
Xl4%
105 %
10%
10%
*104%
2
Dec
103
103
10%
107%
Gen Realty & Utilities
14
46%
*
47
46%
*101
124%
10
51% May
5 % May
*104
105
*104
*104%
Nov
22%
16%
12
18% Dec
Dec
17
16%
92
80
85-
16%
16%
*90
98% Apr
Dec
17
16%
-11%
Feb
17% May
16%
132%
Jan
90
*28%
19%
108
23 Yb May
29%
132%
Dec
Apr
29%
19
85
40%
29%
*130
39
•
—*10c
Public Service
31% Jan
17
30
Gen
132% Oct
13
Jan
29
6% May 24
15
Jan
106
29%
*123%
Co
Gen Precision Equip Corp
30% Jun
11*
35%
May 18
128%.Jan
15
4 % Mar 11
22% Feb
124%
1
2,800
10
Gen Railway Signal com
Apr
21% May
5%
No par
Cement
Feb
May
Dec
Portland
General
31%
26% ;Dec
19% Apr
95
V Nov 20
Gen
Oct
26
I
Advertising——No par
15% Jun 24
Feb
101%
53A
100
com
18% May 27
4% May 21
6%
5%
Saturday
series
17
29%
5%
No par
Corp
$3.75
Nov
140"
200
6 '/a
6
19'A
1
preferred
$5
11
3% May
17%
LOW AND
12% Nov 24
2 % Feb 13
Feb
18% May
*17
29%
39%
STOCK
16%, Jan
7
18
78
*130
Par
Oct
19
*17
100
•
—
$ per share
share*
93% Feb
Mar
4%
17%
*19
EXCHANGE
Sep
Dec
17%
*50%
preferred
YORK
NEW
Highest
129
Dec
17%
No par
General Mills common—
preferred
17'A
18
*29%,
1
Oct
14'A
40
41
40
'•
No par
Co
17
-
*75
100
General Foods
13% Jun
i
Electric
*13'A
9%
9%
;
100
preferred
4% conv 2nd preferred
50
General Cigar Co Inc com—No par
107%
2% May
No par
com
14%
10% ,10%
1st
Dec
11%
Corp.
40
*13%
10 %
159
159
5
9%
9%
>
*39%
14%
105
10 %
No par
9%
40
*13%
46%
*101
5
4,400
1,100
13%
105
46%
'
No par
common—
General Bronze Corp
Dec
94
Co
*104
5
8,500
17
*16%
100
Transportation
9%
9%
9%
1,200
6%
17'A
6 %
6%
16%
16%
$4.50 preferred
10
41
6%
6%
*16%
6%
17
*13 %
6
*29%
General
*17%
6%
16%
.
31
*
6
50
1.66%
May 27
i
18
General American Investors com__l
preferred
Gaylord Container Corp
Range since Jan. 1
Highest
120%
comu—1
13%
STOCKS
Year 1947
I per share
Inc
41
13%
*6%
6%
17%
10
10
41
13
•
*17%
-Nopar
conv
Range for Previous
Lowest
Co
6%
17%
41
10
40%
13
6%
6 Vb
6%
17
17%
10
40
No par
—
Industries
Wood
96-
9
13
50
Co
41
Mar 13
40% Feb
Feb
X122
Nov
21
com
preferred
(The)
conv
4%%
28
Dec
137
43
3
28% Nov
83% July
47% Feb
Gar
106
9% Mar 17
9
May 20
26% May 4
18% May 15
105% Jun 30
17
Oct
102
Dec
45*
1
109
Dec
149 %
Dec
Dec
Apr
9%
28
16
•
Nov
48
43%* Feb
9% May 20
5%
.
17 %
6%
6%
6 %
*17%
t6%
6%
6%
*6%
6%
6%
17%
6%
6%
' *17%
1
*9%
1
preferred
Gamble-Skogmo Inc
Nov
16
—1
^-20
5
com
6%
12% Feb
9% Dec
100
Aug 19
5
(Robert)
Feb
39
xlOl
Jan
(The)
17%
12% May
14% May
14% May
10% May
20
Co
50
*49
3,500
400
4,000
49%
100
5%
1,100
'
7
Feb
4
124
Oct
113
33
Feb
14% Dec
71%
Feb
47 % Mar 16
106
Mar
1
Mar 10
16
6% Oct
122
Nov
28
1
24% May 17
64% Oct 26
July
94% Mar 11
Feb
38% Mar 17
103% Aug 11
50% Oct 23
Aug
96% Mar 18
105 % Oct
4
23% Jun
14
61%
41%
Dec
95
Dec
109
13% May
24
Jan
15% Dec
17
'
Goebel
Brewing Co_—
1
Gold & Stock Telegraph Co
Goodall-Sanford Inc
Goodrich Co
$5
118
_10
5%
5%
118
*115
5%
,
120
*5%
*115
*5%
5%
120
*115
5%
120
*5%
*115
5%
5%
118
*115
118
10
15 %
15%
15%
15%
15Va
15%
15
15 Va
14,%
15
14%
14%
5,900
com—No par
57
57
57%
57%-
57%
58 Va
58 %
58%
58%
58%
58
58%
3,500
No par
(B F)
*101
102
101%
*101
preferred
Goodyear Tire & Rub
$5
5%
100
„
101
101%
101
Nopar
Gotham Hosiery
41%
41%
41%
42%
41%
Nopar
No par
com
preferred
*100%
101%
*100%
101%
100%
15%
15%
15%
153A
*15%
101
101
101
42%
101%
41
15%
101%
41%
41%
*100
101
15%
,
15%
15%
41%
42%
101
*100
*100V4
15 Va
15%
102
41%
101
700
8,900
300
15%
1,500
'3%
19,200
,v
3
May
5%
Dec
8%
Oct
Nov
10
5% Feb
17
3
8% Mar
5% Jan
2
8% Apr
23
Graham-Paige Motors
Granby Consol M S & P
20
Grand Union
22
Granite
12% May
21%
Oct
15% Aug £0
18
Feb 11
23%
Dec
33
Jan
23
Nov
30)
31
90
Dec
107
Mar
80
Nov
8
99
9
May
14%
Feb
Dec
37%
Feb
29
xl2
28
9% Mar 16
Mar 27
18
Oct
35
Oct
May 26
Jun
15
14% Sep
2
40
July 14
17
Sep
Dec
14
34% May
49%
Feb
36% Feb
11
50% May 15
20
27% Mar
16 % Dec
16
23 % Jun
12
Dec
Dec
133
Dec
59
May
29%
Oct
14%
Dec
9
July
92
Dec
163%
15% May 21
1
(W T)
$2.25
12
Feb
27
Apr
10
77
Jan
27
Green
29% Feb
21
40% Jun
9
Green
13% Sep
24
17% May 17
Dec
105%
8%
30
Feb
5
Feb
90 % Dec
14
98
30
25% July 12
5% Mar
9
Jan
78
May
6% May
95
Dec
85
14%
Feb
12% Nov 24
31% May
51
Dec
44
57%
Apr
76%
13%
Dec
16%
*
For footnotes see
Feb
7
13% May 17
9
97
Jun
Jun
4
14
July 21
conv
7%
*6'/a
6%
*6%
6%
900
*16V4
16 Va
16%
16%
200
28%
28%
*27%
28%
28
*27 Va
28
27%
27%
700
24%
24%
25 %
25%
3,900
24%
24%
24 Va
24%
*92%
94%
94%
95
1
*11"%
12
12
12%
*31
33
*31
No par
'—100
3
Guantanamo
$5
conv
Gulf
Sep
Oil
12%
12%
12%
12%
12%
12%
12%
44
42 Va
43Va
41
42
41%
42%
5,900
17
16%
16%
16%
16%
16%
16%
9,800
136%
136%
136%
136%
136%
136%
136%
*136%
*94
10%
91%
19
5%
94%
*71
*136%
136
.
136%
73
73
36%
36%
37".
37
36%
36%
37
37%
1,600
14%
13%
13%
13%
13%
13%
13%
13%
13%
1,000
21,600
*73
76
*73
76
10
10%
10%
10%
10%
10%
10%
10%
10%
10%
*90
91'/a
90%
90%
*91%
92 Va
*91%
92%
91%
91%
19
19%
18%
19%
19%
19%
19 %
19%
18 Va
19%
6,700
5%
5%
5%
5%
5%
5%
5%
5%
5%
3,100
10%
5%
*92
94
*92%
.
*92 Va
94
94
*92 Va
15%
15%
16'/a
15%
16
15%
15%
50%
50'A
50%
50
50
50
50
68%
69%
69%
69%
70
69%
69%
16%
16%
16%
16%
17
16%
17
;■
76
*73
15%
v
50
74
,.*49%
25
6,700
37
—Nopar
_No par
300
16%
*90
Nopar
Gulf States Utilities Co
2,100
43 %
com_No par
^
20
12%
34%
17%
5%
Corp—
12%
*32
14%
Sugar common—1
RR
121/4
32%
43%
18%
& Ohio
I2V4
32
17
10
preferred
12
33
96 V2
14%
10%
100
preferred
81
$5
12
*31
33
*95
43 Va
*13%
Corp
25 3A
96%
*95
14%
14%
Aircraft
25.
96
17
*13%
preferred
Xl2
12%
25
43
136%
100
Common
*31
24%
*94
14 %
Tap & Die Corp__No par
Greyhound Corp (The) —
4%%
12%
33
96
;
17
Greenfield
Grumman
*94
28
42 %
36%
10
com
1
6%
16 Va
5
—
3
3%
3
6%
*16%
74
57% Feb
page 28.
Stores
pfd
3%
3
6%
16%
100
common
3Va
6%
*16%
36%
14
9
,
3
6%
16%
*36%)
Deo
18% July
28%
3%
6%
16%
*71
Gulf Mobile
21
28
;
1
20% Jun 23
58% Jun 16
Jun
Nopar
Bay & Western RR~!
(H L) Co Inc—
10
2
3
1
6%
16%
preferred
Feb
Jan
3%
6%
Gt Northern Iron Ore Prop—No par
Gt Northern Ry 6% pfd
No par
Western Sugar com
No par
60
35% Aug
21% Mar
Co
3
*16%
Great
132
17
1
5
new—10
preferred
Grayson-Robinson
Jan
145% Jun
(The)
City Steel
3%%
Feb
70
16% Nov
4% Maf
Grant
Co
.
.69%
16%.
13%
*49
—
68
-
94
15%
50
%
16%
*92
13%
*48
40
94
14 3 a
49
27,100
700
69%,
68%
69'A
14,400
17
16%
16%
5,700
NEW
Range for Previous
I per share
$ per share
$ per
LOW AND HIGH SALE PRICES
Par
i
■
$ per
$ per share,
$ per share
t per share
tper share
Friday
Deo. 10
Dec* 15
Dec. 14
,
Thursday
Wednesday
Tuesday
Monday
Dec. 13
Hec. 11
$ per share
share
Monday, December 20, 1948}
RECORD
Saturday
EXCHANGE
,
-
CHRONICLE
'
STOCK
NEW YORK
Range since Jan. 1
Highest
Lowest'
Highest
STOCK
YORK
STOCKS
■
Year 1947
Lowest
&. FINANCIAL
COMMERCIAL
THE
(2554)
22
,
Deo. 17
$ per
share
Sales for
the Week
share
Shares
H
32 %
Dec
39
Jan
15% Nov
14
1
Jun
,
13'-
k
Dec
87% Dec
'102% Dec
19% Apr
148%
Oct
28% May
6% May
75%
Dec
Feb
112
Id
39%
Jan
10 %
Feb
5% Deo
Apr
May
4% May
7% Jun
100 Va
59
9%
Oct
Jan
Dec
22
May
30%
90
Dec
103%
42%
'
6% Fen 11
6% Feb 11
Feb
12
35%
25
Jan'
20% Oct
28
27
91
Jun
Jan.'
May
t
•'
X95
Dec
Feb
29% Dec
14
July
108
9ii*/a nan
2d"
17
34 l/a Dec
22%
Feb
63
Feb
41% Dec
35 % Oct
15
Dec
134
Mar
12Q% Dec
14
38
Sep
2o% Oct
lo-
134
Sep
114
Jan
17
126
29% Dec
118'
Oct
20
Sep
29%
Nov
13
Jun
14%
Dec
Oct
7
86% Jun
14% Jan
Jun
1
25% Jan
Jun
33
Dec
28
Apr
X29%
Nov
37
12% Nov 30
5
21% Feb
31% Jan
14%, May
20%
Mar
10
17
Oct
May
25
48
Jun
30
30
35% Jun
Feo
56
Feb
x31
24% Nov 26
28%
Jan
85
Dec
Dec
102
13
22
18% JUU
15"
46% Jan
14
27
NOV
10
34% Jan
81
•Oct
19:
94% Jun
Oct
28%
Dee
20% Feb
38% Jun
10
20% Dec
29
Feb
31% May
38% Mar
May
7% May
49
Mar 12
U:
3%%
preferred
30
Jan
10% Dec
17
5%
4
7%
Feb
5
14% Jun
Hupp
I per share
$ per share
'■
-
share ■'
35% Jun
27% Mar 16
64'/a
Dec
62% Feb
Jan
97
Aug
95% Mar 16
,15
Jan
26%
Dec
24% Jan
May
11%
Dec
26% Aug 11
9% Feb 11
Jan
22
12% Jun
25 Vb Jun
20% Nov 30
\
Dec
,
:
*
Apr
12%. May
6% Sep
180%
42
15% Jan
7% Nov 26
8%
24
11
108
Mar
Dec
17
7
Feb
1% NOV
12
15 Va
July
11% Feb
11
125% Feb
10
Jun
103
Dec
186%
6
May
May
34%
Oct
23% Feb
96
Jan
74
Feb
76
Dec
10% Feb
Dec
5%
Feb
36%
Feb
137
Dec
135
Jan
59%
Oct
86
16
Dec
116
Feb
Feb
64%JUn.
Feb
6% Dec
65% Dec
Feb
52% Jan 24
14'
Mar 12
30
Mar
40
Feb
9% May
17%
Feb
17%
Feb
Apr
26%
27%
Oct
17% Mar
158
27%
27%
27%
27
27'%
27%
27%
28
28
99 %'
99
99%
100%
101%
102
102
99
99%
12
29
11%
12%
11%
33%
31%
99%
30
29
29
83%
45 Va
83
83%
45%
45%
45%
30%
31
30%
31
30'A
.
11%
11%
11%
11%
3,500
32
32%
31%
32
1.OU0
28
29
*28%
29%
2,000
*83%
84%
:*2J
29%
*83
83%
*83%
84%
83%
29%
83%
45%
45%
45%
45%
45%
45
45%
1,40J
31%
30%
31%
30%
32
32
33%
10,700
800
..
*20%
15
14%
14%
14%
14%
14%
14%
*14%
43%
43'A
42%
42%
43%
44
*43
43%
7%,
7%
7%
7%
7%
7%
7%
7%
Feb
4% Dec
24Va July
7
7%
iVr
12%
*11%.
7%.
12
12
46
47
*11%
46%
47
46%
47%
12%
13 y8
12%
13
12%
13
t———6.66%
10%
10%
10%
11
10%
10%
10%
Corp
———i.1
Refrigerator CO-.—No par
■ 2%
*13
2%
13y2
2%
2%
13%
13%
*11 Va
• -
12%
10%
11 ya
2y4
*13
Monday
Saturday
.
Dec. 11
;
$ pet
10%
5,200
2%
2%
2%
2%
2%
2%
6,800
13%
13%
13%
*13%
13%
1,600
SALE PRICES
Wednesday
Dec. 15
$ per share
$ per share
*■
Friday
Thursday
Dec. 11
Dec. 16
Co
Power
non-cum
.-_i_„20
i
32%
30%
31
31%
84%
*83
85
*95
.32%
v
32%
33
33%
32%
30%
33%
30
84%
J2%
common-100
pfd
conv
ser
A—100
31%
30% '30%
85
84
84
*83
85
*83
*95
98
*95
98
*95
*83
32%
32%
32%
30%
29%
30%
24%
Sep
98
Dec
112
Jah
145
Dec
151
33%
2,400
30%
17,800
Dec
39
Feb
14
13
Dec
20% Feb
„
16% Jun
98
27
26
26 Va
2o%
26%
26%
26%
*26%
27
26%
26%
26%
26%
26%
26%
26 %
27
26%
27
*9%
10
10
10
9%
9%
9%
21
21
20%
21%
20%
40 Va
Illinois
4% ——:100
ctfs
A—1000
series
Co
Power
—No par
::
5
Steel Co__-._^
20
Corp
*17%
Iron
Machine^——No par
common—«—No par
preferred————
100
39%
61%
62
62
159
*153
62:
*61'%
159
*153
9
International
5%
International
41%
42%
41%
41%
41%
42
41%
41%
17%
*17%
17%
17%
17%
17'A
17 V4
17%
17%
8
8
8
8
8
8
8
8
8
13%
13%
13%
13%
13%
13%
88%
90
88
88 Va
87
18
7%
87
13%
90 V8
1%
1%
1%
1%
1%
1 Va
1%
1%
1,100
13 Va
12%
13%
12%
13%
12%
13%
4,400
151
165.
74%
13
13%
151
151
'
27
27%
165
165 %
27
;
164%
5%
5%
5%
5%
5%
26%
27%
26%
26%
28%
"*67
*67
74 Va
3%
3%
151
150 Va
151
28%
165%
X27%
26
3%
2
^3%
5%
5%.
*67
3%
3%-
74 Va
*67
27%
165%
5%
27
75%
151
152
151
.
152
6%
6a4
67%
58%
26%
27%
165%
165%
540
5Va
5%
4,900
26%
26%
5,400
5%
5'A
27
75%
*67
3%
3%
30 Vs
29%
*70
3%
4%
4%
$6 preferred
May 21 1
158
Jun
*42.
42 %
41%
42
55%
54%
54 Va
32
*55%
*32
32%
10
9%
9%
34
9%
-
20
*24 Va
25%
*24Va
30%
30%
33%
*143
148
5%
5%
18%
82
18
81Va
18
'
81 Va
*18
46
46
*46
No par
45%
45%
100
93%
93%
38
*105%
38%
107
4%
5%
81
*143
4%
5%.
*46
96
«oa
37V2
100%
38Va
106%
37%
*105%
38%
108
38%
38%
*105% 108
38,300
9%
400
25
30
30
*143
148
80'.
i/0
38%
4%
8,300
18%
300
80
240
*46
,47
96
*94%
,
4%
*18
38%
38%
*106
*105%. 108
86%
Dec
101%
Feb
29%Mar.l6
83% Feb
6
93% Apr
16-
Jan
40Ya
Oct
30% Nov
3
43% Jun
1
14
Jun
22%
Feb
12%-Dec
11
21
94
Dec
Nov
9
98
98% Dec
14
39% Oct 23
2C0
20
96
39%
7,400
100
108
32%
12 Va
32
32
*32
32
32
*99
lol
*99
101
*99
101
*99
101
*100'
101%
*100
*153
160
*153
160
*153
160
*153
160
*153.
160
*153.
1,100
101%
Joliet & Chicago RR stamped—100
Jones & LaughlinSteelcomA-No par
.26%
1,300
80
4%
18%
80%
2nd preferred series A_a_-_100
160
4%
11
900
19%
*24
47
4%
*94%
94'%
"
5
500
34
9%
19%
19%
25
148
T43
47
80%
'
100
1,700
400
*9 Va
*
30%
30
*46"
47
94%
148
19%
*24%
*18
*18
94%
30%
18%'
80%
18%
81
*93%
19%
25
660
69
9%
9%
*19%
148
*32
9%
9%
19%
5V4
-34
9%
9%
31
*18
82
32%
9%
26
*143
54%
*9%
19%
*30
148
6%
68
9%
9%
10%
57
*25
—
Johnson & Johnson
28
42
31V4
Johns Manville Corp com——No par
3 Va% preferred
—100
42V4Juru 11
113% Jun 9
42%
49
28
Jersey Cent Pwr & Lt 4% pfd—100
May 28 v Jewel Tea Co Inc com—;
May 11
3%% preferred—
58%
*30%
*143
—_.
Jacobs
57
33%
19%
2,500
58%
33
20
6%
*57%
34
20
300
6%
*25%
:
11,100
58%
»
6%
*67%
70
52%
68 Va
57
6%
68 Va
5,100"
22,500
94%
6%
*55%
-No par
51%
*93
65Va
57%
Stores.
52
94
58%:
57 Va
Dept
51%
93
6%
58%
9%
52%
94
30
139
58%
*57
*9%
*137%
138
65%
42 Vs
9%
138
6%
42%
9%
51%
*93
139 Va
18,000
74%
65 Va
58%
X41%
9%
*138
138%
29 %>
30
*56%
66
41%
41 Va
(F L) Co
1
Jaeger Machine Co_——v— No par
Oct
6%
6%
9%
Interstate
35
93%
30
1,500
27%
27
3%
52%
93%
*56%
*33 Va
14
99
51%
65%
*56 Va
—<_25
May 27
4a
52%
95
*93 Va
ctfs—— -No par
92y3 Jam 30
23 Va Jun
138 Va
51%
51%'
94
139%
*138
share
_No par
—
Island Creek Coal common—' —50c
106
29
139%
67%
Tntertype Corp
19
Jan
*138
29%
270
165 Va
28%
165
29%
3%
30%
29%
30
297/a
.:
3,100
13%
90 Va
151%
25%
.No par
preferred
Foreign
99VaOct 28
145
Shoe
.No par
900
1,400
,
2
International Telep & Teleg_. _No par
May 25
10
4— —
1,400
9,100
^
28%
International Silver common —25
24
145
Salt
1,300
14
165%
100
preferred——
International
5.800
14,6U0
159
*153
-
21%
91
28%
preferred
4.———100
Mining Corp
1
8%
38 Va
14
t165%
-
20%
8%
940
3,600
3,000
90 Va
13%
.*150
•
21%
8%
33% ,38%
42%
8
2
13%
5
com:
20%
8%
38%
9%
14%
*1%
No par
_j—'.
9%
92
13%
»91
—100
Rubber——No par
159
9%
17%
8Va
_5
common
preferred—^
*153
159
62 '*
.
'?
9%
21
8%
38%
62
10
42%
17%
*7%
V
*153
8%
39%
62
63
"
42'%
Ctfs Inc—1
4%%
j63 Va
*153
No par
8%
41
62
.
X38%
8%
8%
40%
40%
63'A
21
20%
9
*9%
—
14
500
98
*25
*26%
4%
26% May 27
33% Sep 20
100% Feb 11
34 Va July
for
Shares
84
27
stock
Int'l Nickel of Canada com-i-No par
Preferred
100
39% May 20
89% Oct 27^
461/? °ct
1?5!/? °ct
Sales
the Week
* per share
$ per share
98
Mar. 31
35
Dec 18
39 V2 Feb
5,600
14,000
13%
Vsc. 14
$ per share
share
vno
1"
2%
11
Tuesday
Dec. i.i
8G0
15,100
13%
LOW AND HIGH
STOCK
International
12
35% Jun
10
53
Jan
104Va Sep
Jan
9
80
1041/2 Feb
50
14%
43%
12%
Int'l Minerals fc Chemical
2
1
,
980
11%
31
11%
32%
45 y2
102
J,100
X31
12
*32%
34
43%
Int'l Hydro-Electric Sys class A—25
16% Jun 24
'
137% Jan 16
Aug
13%
Nov
Jun
9
22% Mar
29
64
4
8% Nov 26
8% Nov 29
Feb
May
27% May
27%
26%
7%
65% Julyl2
Pec
28
14,700
2,300
Int'l Rys of Cent Amer com_. .No liar
43
9% May
<
900
35 Va
...
98
29
32
'
26%
34%
May 20
Oct
iun
20%
26%
34
14
107% Jan
13
63%
Dec
20%
27
32
50%
40% May
89
20%
26%
31%
*93 Va
45
39% May
20%
26%
31%
Paper Co com——-15
39% Nov 22 '
Dec
20%
26%
31%
$4 preferred—_No par
Dec
,DeC
20%
27
31%
13%
Int'l Business
1
45
Jun
21
27
July 22
Jan
6%
20%
99.
28
37 Va
19%
21
47%
Int'l Harvester
May 20;
58%
143% Jan
1,100
26%
3
Jun
Apr
*
10%
12%
Interlake
9'
5 V4
42% Mar. 17
Sep
May
19
10%
13%
Intercontinental
34% Oct 23
139% July 2
2
107 %
9
20
10
*95
0
1
46%
Jun
10
*
104
<
10
*26
11
93
24% Mar 16
Dec
Nov.
174.% Jun
38%Jun
3% Mar 16
Dec
94%
1,000
*14%
Interchemical
8
9 Va' Jun 24
5% Nov 26
3%
Jan
155
18 :
25%
130% July
38% May
5C0
26%
14%
Insuranshares
x34% Jun, 11
9
22 %
13%
26%
43%
Inspiration Consol Copper
16% May 24
11
•
13%
26%
47 y4
Inland
1
3% May 18J
26% Nov 30
163
Oct
13%
26Va
10
b
*13%
32%
*82
Rayon
—a*
u—_ 1
Ingersoll-Rand common^——No par
6%, preferred _—s.——100
23% May 15
8
Dec
May
160
800
13%
26
Indianapolis Power & Light--No par
Industria Electrica De Mex, S A—
87/8 May 24
13% Dec
30 yB
30
30%
13%
26
12%
Illinois Terminal RR Co
21% May 27
11
87
4,600
Industrial
.
25
6% Feb
3
9% May
Jun
47% Nov"
100%
'
160
10
15% Feb
Feb
20
9%
13%
Leased lines
76% Jun. 11
Jun
34% Mar 10'
17% Nov
30
79%
-
9%
.9%
47%
RR
3
56 v
Feb
*78
1,200
4,500
'
9
17
150
Oct
31
*30%
7
9%
lUJ
17%
20
13%
10%
6%
28-
38% Dec
Feb
*78
9%
17%
19%
47
Illinois Central RR Co
3
58 Va Nov
33
79%
20%
79%
*12
Idaho
24
July 13
97% May 17
37% July 12
30
May 26
11
,93
Dec
17%
20
2,000
27%
Par
90
July
17%
19%
320
27%118
*117
31%
99%
11%
Hussman
42% July 14
3 7'/a May
17
18
9%
31%
*26%
26
117%i 117%
1,100
19,300
44
123
I
30% Apr 27
30%
26
14
14
43%
*121%
43%
122
*14%
—_
$ per share
39% Aug
32% Deo
50
26
118%
14
14
42%
121%
50
20%
EXCHANGE.
May
18 »/a May
Jan
14
42%
123
13 %
NEW YORK
30
rx35%.May
200
47
'
y.
300
34%
13
Lowest
$ per
99
22%
46%
Range since Jan. 1
1
Highest
Highest
*98,
*34
*27 ya
STOCKS
Year 1947
l,5f0
20%
Motor Car———A—Nc piar
Range for Previous
Lowest
31
27%
31%
"33
preferred———100
non^cum
Hunt Foods Inc
•
16
83%
30 y4
*27 Va
Hudson Bay Min & Sm Ltd—No par
Hudson
Apr
8
May 17
19
2% NOV 30
12% Sep 27
3
98%
600
22
*80
*42%
3% Sep 29
14
22
83'/2
30
*22%
*78
26%
11
22
29%
—5
13% Mar
Nov
*10
5,900
2,600
20%
Hudson & Manhattan common—100
50
.11
8%
21'/a
—1
7
14% May
*10
8%
20%
19 Va
.
9%
14'
1,100
8%
*27%r
31'A
.
_5
Dec
1.5% May
'.
11
8
22% Jun
169
*10
Feb
10
Dec
1
Howe Sound Co—
12% Dec
12%
26%
Howard
Oct '
x21
*13%
26%
9
21%
"""~7%
*30%
13%
7
8% Sep 28
34% Jan 20
31
500
160
7%
7%
20%
20%
17%
78
9%
30%
Jun
Feb
78
10
9%
13%
Jun
43%
78%
*78
2,200
5%
34%
41%
18
10
8
8
21%
62 y4
5%
61
98%
22%
*122
20%
26%
47
7%
18
*7%
600
*34
25%
19%
21%
5%
62
100
23%
149%
*22%
93'
,
117%
18%.
*5%
62
106
23%
*147
22
21%
1,000
190
34%
25%
30%
—-———100
—
600
12%
80%
*105
23 %
149%
'
;
22%
118%
21%
12%
*80
105%
23%
*147
22
14
14%
42%
18%
*104%
*00
30
98
122
20%
12%
34%
25%
26%
Corpb.:
600
9,700
*22%.
99-
22%
'3(5
118%
13%
Houston Light & Power——No par
Houston. Oil of Texas v t, c___—25
Stores
31
*30
80
83
21 %
25%
18%;
-20%
78%
12%80
22%
*80
118%
31
13%
23
Jan
21%
*22
82
29%
25%
*26%
Co
X21
117%
,
■
8%
8%
8'/a
.22
25%
11774
*9%
com——No par
preferred^
—50
conv
42%
120%
7%.
7%
7%
122%
—i-5
—
& Sons-—
(A)
42%
122 y2
•
5%
62
62
123
20'A
"78
1
Co-
42
14
14
14
14
42%
*93
—5
The.-
31
14% Dec 16
33
33: "May
12% May
3% May
25
35
Household Finance com—No par
25
3
E)
Electrochemical
$2.25
7
38
36
22%
35
Houdaille-Hershey
2
Oct
Sep
45% Jun
22%
35
2nd pfd series A $4.50 div.No par
9
Die
37% May
16% Jan
105%
(C
Furnace
Hooker
16
Dec
11% Nov
99
99
22%"
*18
Holly Sugar Corp
10
5% conv preferred——
L30
Homestake
Mining————12.50
28
1
Dec
99
23
——5
& Dauch Paper Co——,—10
Co
23%
99
13%
.2-5
30% Jun
24
19~7/a
Dec
Hires
*78
23
5%
5%
62
22%
*22
30
Hotels Corp——
Hinde
-
8%
*21%
82
50
*34%
Heyden'.Chemical Corp———— 1
3%% cum preferred-—_—,-100
14
Oct
*78
*121%
25%
;*116V2
Hilton
22%
*22 %
—
Inc-——
22
7%
22%
*22
82
42%
Hewitt-Robins
-22%
*5%
*97%
new—25
Hollander
30
36
44
:
22
*59
8%
31
.j,—.-No par
Motors—
lfiVa May 17
42% Feb
Nov
,
Holland
20% Nov 22
May
"l3%
preferred
non-cum
22 %
149%
22
31
10
new—
8%
21%
8
23
*147
7%
*78
100
——
common
8%
22*%
*21%
-
29% May 20
25% Nov 12
35%
15
_25
—
30
Nov
15% Feb
Jan
Jan
1
W)
*7%
8%
22%
23%
5%
7%
105
*104%
104%,
149%
23%
60
60
80
*147
23%
5'/a
5'/a
*104
104
104
*23%
62
preferred
— ——100
Hershey: chocolate corii—
No par
$4 conv preforenceu—
-No par
2
2622 %
preferred
(G
5 Va
.100
Co common-
5%
2
21% May
80'/a
105
80
No par
25
17
12%- ,12%
80
*59
.
—5
Co
preferred
(H J)
7%
2
9% Dec
78
10%
Glass
Hercules Powder common
28% May 20
17% Nov 29'
12%
80.
22 y4
Hercules
6
30% Apr 10
123% July 27
27% Jan
2
Mar 22
.12%
*22Va
..1
—100
1
2
—
3.65%
29
57% Apr128 % Feb
12%
80
22
Helme
22% May 21
13% NOV 10
Sep
12%
80
22%
Marx———A-10
Schaffner &
Corp of Amer c.ass A
3%%
24% Nov 30;
6
14% May
50%
,
13
149'/a
Heinz
-
May 28'
103;
17%
13
31
'
*147
'Hecht Co common-'
2
17%
13%
13
23%
Hazel-Atlas
25
42!
Jan
18%
13
31%
*13
80 ya
—100
preferred
Hayes Industries Inc-i
Hayes Mfg Corp
27% July 12
78
18
13
149 %
preferred
4% %
5
Apr
18%
13
*147
Hat
11
.
18
*104
Hart
•
11% Jun 10
22% Nov
35
10% Jun
31
18%.
13
/ *23
conv
6%
5
26% Jan
Mar 10
X20
31%
18%.
13
31
13
_13
12%
12%
—5
Printing Co
18%
18%
*31
18%
32
*31%
32
preferred-———_—TOO
Co $4.25 pfd—No par
4%
15
4
Jan
18%
Hanna, (M A)
28
79'
*31%
Cementing—5
Harbison-Walk Refrac com—No par
9
34 % May
9
F>
<w
Well
Hamilton Watch Co com——-No par
16
150% Jan
1.7
Dec
Jun
27% Jun
1071
24
146% July 30
21% Dec 16-
Jan
'
6
Mar 22
79
"21% Feb
———25
Water
Oil
Hall
xl4% May 21
89
Jan 12
XlOl % Feb- 10
108% ,Sep^
27% Dec
160
10'
12% Dec
Jan
19
9'
12 % Nov
19% Feb
Hackensack
Halliburton
35% Oct 15
22% Sep* 15
16% May 22
10
Feb
31
5%
common
32%
>
preferred series A—a——100
Joy Manufacturing
Co
*84
33l/s
85
-
35%
1
—
1
35%
32 Va
*31V4
327/a
33V2
32 V4
33Va
32Va
*84'/a
86V2
*84%
86%
35%
35Va
34%
35%
*84V2
34%
32
32V2
86
35V4
32
31%
*84%
34%
32%
32
32%
32%
*84-
86
35 %
35%
32%
10,400-
86
36%,
9,200
12%
1,900
K
-
Kalamazoo Stove & Furniture—10
Kansas City Power & Lt Co—
May 20,
.
12 Va
12%
12%
12%
12%
12%
12%
12%
12%
12'A
12%
,
108% Mar
x89
May 11
+
98 Va Dec
14"
16
29%
Dec
23% Feb 11
48
22
47 y4
58% July
48% M$r 12
60% Juir 22
May
May
13% May
20% May
13% Jan
Dec!
Oct
18
Nov
13%
26%
Feb
20% Feb 20
26 %
21%
Oct
16
22% July 12
Po* footnotes
see
page 28.
9
Nov 29
18
May 22
July. 13
4%
,
.
3.80%
cum
Kansas
A%
preferred
—100
preferred-..———100
City Southern corn—No,par
preferred100
non-cum
Kayser (Julius) & CO——
5
Kelsey Hayes Wheel conv class A_1
Class
B
"
1
*92
-
*97%
40
'
*53
93
*92
98%
*98
40Va
54
98%
39%
*53
'
14%
14%
•
*21%
22Va
22Va
16Va
16Va
*16%
14Va
*92
93
98V2
"
54
147/a
22%
17
.
,
54
14%
*22
I6V2
*92
98%
*98%
99V2
39.
39>A
38%
39
54
54
54
*92
93»/a
98%
40
*53%
93V2
*92
98i/a
39%
40Vt
.
93%
*53Va
14Va
*14Va
14%
22%
21%
21%
*21 Va
147/a
22%
16%
16
16%
xl6Va
16Va
*14%
-
93%
*99
100
38V4
38%
*53l/a
55
14% ' 14%
»21V+ -22V4.
16
16%
60
4,800
400
800
,
200
lv600
Volume
168
THE
Number 4761
COMMERCIAL
Range since Jan. 1
Year 1947
Highest
Lowest/
b
NEW
V#
per
52%
42% Feb
Jan
13"
60% Oct
51
Apr
20
1
16% Oct
27%
feb
19
Feb
U
116%
Feb
'92
Oct
27
19
20
Feb
11% Feb
85
Jan
63
38%
11% May
Kennecott
'>9
Dec
103
Saturday
l)ec.
Par
23
30
Dec
21%
LOW AND
STOCK
share
F2 % D««
'A May
CHRONICLE
(2555)
HIGH SALE PRICES
Wednesday
Monday
Dec. 14
Thursday
Tuesday
Dec.
11
13
15
Deo.
Friday
Dec. 16
Sales
Dec. 17
23
for
the Week
V
40 Va Nov
41
YORK
EXCHANGE
Highest
S per share
$ per share
$ per share
FINANCIAL
STOCKS
Range for Previous
Lowest
&
Oct
Mar
8
24
!
Kimberly-Clark
104% July 14
14% Jun
2
75
Jan
Jun
25,,
May
90
Dec
34
Jan
40
Oct
13
Jun
59
Feb
45% Feb
16
58% July
40%
Apr
52%
Oct
40% Nov
12
49
4% Feb
11
il
•29% Feb
Feb
32
27% Oct 23
95
;
V? J my
4%
3
Kress
4
No
56%
56'A
56%
55%
56 Va
42 %
42%
43'A
43%
44'A
44'%
13%
13Vs
13'A
*13 Va
13%
*13V4
13 Va
21%
21 Va
21%
20%
21
20 3/4
2 l'/a
21
21
96
*95
£6
95%
951/4
*95
96
96
96
14
14
*14%
15'A
*13%
143/4
*13%
14%
*13%
14%
14
14%
66
*65
66
*65
66
*65
65'A
65'A
65'A
67
67
56
56'A
12,100
44 3/8
44%
2,000
*13'A
-
13%
700
21%
4,900
21
96
*95
'
160
400
150
'
31%
31%
313A
32%
32
32 Ve
X30
31
29 3/4
30
29%
30
3,500
90
90%
90%
90%
90%
x90
90
90
90%
91
91
350
3b
36 %
36
36%
35%
36 Va
353,4
36
%
36%
37
4,200
55%
55 Va
55'/2
55'A
551/4
54%
54«/2
54%
543A
700
42
42
42%
42 >/4
42'A
42%
43
43
43'A
2,100
5Va
7,500
-
*36 Va
par
—
56 Va
421%
133/a
Shares
90
par
___L„r—No
& Co__„
(The)
57%
42
13%
*65
10
57
41%
*95'
.
57
*21
,
_—vf'--—--?•*- 100
10
Co.—
(S H)
Kroger Co
I per share
13%
par
Inc common-.——
t per share
I per share
$ per share
41%
.100
1
S per share
5u%
preferred
Kresge (S S>
8
22
6% Oct
;
par
com—
2nd preferred—
conv
Koppers Co
i.»
Oct
Corp
Kipney <G R) Co common_„i.
$5 prior preferred,—*——No
2
39% Jun
45
4%
'
102% Aug
Par
Kern County Land Co—
i —5
Keystone Steel & Wire Co new No par
>
May 24
"'66%
Copper———^No
8 per share
55 Va
*42,,
,
363/b
*55
.
43
*55%
42
'
'-L
,
.
Feb
7
4% May
.
.
Dec
10
14
Jan
5 % Dec
1
1A
Dec
9
20%
44
Jan
17% Dec
17
24
14%
Feb
May
49%
9% Mar 12
56
Jun
Feb
42
May /
;
-
56%
Feb
35
21% May :
95
Feb
21% Dec
93% Dec
.3
Feb
10
Feb
11
44 Va
Jan
30% Mar
4% May
8%
1% May
May
10%
Feb
5% Jan
19
10% May 12
Feb
41% Feb
25
56
May 15
Jan
b va i-»oc
1,3
12
May
20
26% Jun
-2
56% Jun
1
29
10% Apr
12
38% Jan
91
25
78
', 33 % May
10
Oct
96%
Dec
43% Dec
Jan
82
191% July
May
16% Feb
Feb
Apr
40%
29% Mar
Feb
59%
11
May
157
Oct
16
33
Nov
13
X48
8
Nov
31% Mar 16
Aug
Mar 12
Dec
12%
Oct
47
Apr '
63
Dec
55% Mar 16
2 4'A
Aug
35%
Dec
28% Feb
11
30%
Jan
15%' Dec
7
9".
5%
5%
5%
*5%
18%
18%
18'/a
xl7%
18
—No par
10
10%
10
10
10
10%
10
10
*43
45
43
Dec
Jan
138
Nov
3
23
39%
Dec
172
53~
2nd
Stores
Nov
Feb
*7%
8'A
8'A
8'A
44%
44%
44%
443A
44%
443/4
44%
9 Va
8%
9 Va
*9%
9'A
21%
8'A
8
Liggett & Myers Tobacco com—__25
9
45%
May 14
Lima-Hamilton
Link:
70% May 24
55Va Jun ID
*34
Belt,
Corp
Lone
Long
Bell
Lorillard
7
22
4
6'
98k'a dmy i4
24 Va Jan
Lowenstein
<
4
%%
MacAndrews
Steel
65 Va
*66
39%
40
39%
153/4
16%
16
163A
68%
69
68
67%
16%
68%
68%
68%
69
18%
18'/a
18%
18
151/4
14%
15
63%
21'A
21%
2,800
45
45%
8,400
8'A
8'A
8,000
34%
35
88 'A
*373/8
66
67
66
66
39
393/a
39'/a*
391/4
16%
163/a
16
16'A
,69
68%
69
69
69
*68'/2
18
18%
17%
18'/a
8,800
14%
14%
14%
14%
14'A
26,300
64 Va
64'A
65'A
65
66
22
2IV2
21Va
211/4
21'A
20
193/4
193/4
,19%
19%
*149
152
1521/a
1503/4
65
65%
65'A
66
*21
21'A
21'A
21%
600
19%
19%
19'A
3,600
19'A
151
151
151
23%
23%
24
23 3A
23%
24
24%
*23%
39%
383A
39%
38Va
39
38
38'A
•38'A
23
21%
'22
23 Va
23 Va
21%
..100
*91%
93%
*91V2
93%
*91%
93%
--__10
;
17%
17%
17 %
173/4
*17%
700
18'/a
19%
■
4,100
14%
22
39
1,300
3,400
,
18
64 V8
*23%
6,100
16%
20
—50
400
9
67
63%
No par
39
8%
39%
213/4
*150
'
130
*37'A
'
16%
"
152%
9
2,600
170
67
20
*150
87%
87
170
38'A.
8%
—100
A_—,
38
'
9
500
35
35
88
171
*168
39%.
8%
35
87%
171
213/4
& Sons Inc com__i
Co
21%
45%
8
L—10
A__No par
common
2,400
21%
391/4
-
I
•
18%
143/4
k
4,600
45
8 »/a
8%
39%
163/a
.»
69
*39Va
.
9%
46
873A
9
40
8%
21%
*34V4
38
8%
Va
15 Va
series
Lukens
9
14%
Nashville——
(M)
pfd
8
40
9
18%
7%: preferred
—Louisvihe Gas&Elec Co (Ky)
r
38
*38
9Va
1,700
45%
45
9
4,300
8
8
45
9
4%
43/4
5
45
*168
170
(Md)
Co
&
39
9'/B
8
88%
170
4%
2 l'/a
1
3434
873A
88
Corp.——No par
Cement
Lousville
34%
35
170
—No par
Lumber
(P)
87%
65%
,
Corp—.—'"__1
«,'•
Star
30% July 15 '
*34%
*168
9
No par
Inc
21% Sep
88 Va
8%
170
,
*38
—5
Co
34 Va
88%
Lion
14
5-
-
7%
8
35% May 15
Dec
17
7%
8
21'A
lb
91
7,600
1,200
45
Nov
20
2%
23'A
221/4
May 15
Oct
2%
*22'A
46
25
Oct
2%
22%
45 %
50
Aug
2%
22'/a
21%
30
26%
23/4
22'A
44 3A
*168
2,500
2%
8'A
preferred
——_100
Lily Tulip Cup Corp—__No par
2,400
38
*37%
1
10%
4%
22%
7%
1,400
93%
10%
22'A
9 Va
8
4%
23'A.
23'A
*91
93%
'/a
5
3
2%
*44%
\
2334
*91
221/4
5
3
22%
8%
8
23%
93'/a
22'A
5'A
2 Va
22%
453/4
10
29%
5
3
23
*7%
pfd—Nq par
Lehman
Corp
(The)—*———1
Lehn & Fink Products—",
—.a—5
non-cum
5Va
3
23'A
*91
93%
*91
8%
Jun
23'A
38 %
93%
45%
Nov
101%
24
23%
22 %
37% Nov
Dec
23%
38
23%
*91
Corp——-___No par
Feb
13% May
700
39
Lerner
l3%-.T"n
158
700
353/a
38%
4
137,%
27
35%
39
68% Jun
9
27
35'A
38%
28
19.
27
35'A
38%
Feb
Feb
27
35'A
38'A
Loew's
Nov
27
351/4
'38%
Lockheed Aircraft
18
27
35%
*38%
11
37%
27
351/4
11
14?
X18
*26%
10%
5
140
27
10%
*223/4
44%
*43
36
26%.
•36
10%
21*
Oct
43
10%
20 % May
Feb
263A,
36
45
10%
50c
1,100
*43
10%
85
Jan
2,000
10%
24% Jun
28%
lO'/a
10%
2
79%
10%
93%
9
21%
1,600
10'A
24%
13
Apr
5%
17%
10%
13% Jan
12'A May
5%
173/a
45
2
Jun
5%
17%
*23%
14% Nov
68% Dec
17%
17% May
*2o%
*43
Libbey Owens Ford Glass—--No par
Libby McNeill &
Libby—
7
Life
Savers Corp__-5
iviar 30
23% Jan
5%
17%
53A
*91
Feb
Feb
43%
*35%
(James) -& Sops Co com—£.3
Feb
*
58'A May
43%
Tire.:.—illi— i——5
27
Dec
5'/a
5
5%
*10
6
'
OH Co.j
-No par
Liquid Carbonic Corp com—-No par
3.% %
conv
preferred—„—-J100
109%
10% May
93
-
14
Jan
47
5 Va
53A
18'A
20
19% May .«
78% Dec
18%
8% Nov?
4% July 12
26 % July/12
174%
5
5'A
x5
5'A
53/4
18%
*53/4
Lehigh
Portland
Cement—25
Lehigh Valley RR__r——-—50
Lehigh Valley Coal com—
A— 1
$3 non-cum 1st preferred—No par
24
24
May
169'
8 % Jun
Feb
&
5%
*18
3.85% cumulative preferred—100
Lehigh Coal & Navigation Co„__10
14
50%
,»\
46% May
8
Va Mar 16
Lees
Jun 16
13% May 22
Feb
1% Jan
2
19% Mar 30
Rubber
28% May 28'
Dec
5%
No par
_50
Co—J—Jt— 1
Lane - Wells
Lee
39
—I—4
——
6
9%
Dec
17
4
9
Co
pfd—75 Pesos Mex
(The)
Bryant common
4%% preferred
47 v May 18
99
Light
Co
Lane
53% May 17
3 %
Jun
38 %
Feb
1
'Lambert
14 % May 15
29% May
Gas
.La Consolid 6%
v
/,«£/*
Mar 24
25%
May;
5%
Mar 19
Apr
101
Jun
14%
12
'
12%
30%
Dec
9% May
30%
1
25% Aug
38-
Oct
Laclede
18
21%
22
*911/2
22
*91%
■,
17%
.
22'A
93%
*17%
93%
17%
24%
38%
18
2,600
210
152
*151
*23%
24'A
900
38'A
38 7A
5,500
6,600
21%
223A
*91Va
93%
17%
17%
1,100
M
34
Mar
41
Nov
36
Jan
27
40
Jan
2
134
Nov
152
Apr
129
Oct
14
142
Feb
13
133/a Dee
17
?7% J"n
?l
30% May
99%
41%
111'
Dec
11% May
16% Apr
10%
15%
10.
10
Nov
20
Xl63/8 Feb
25
18% Aug
Jun
6
30% M^r 16
94% Dec
Feb
21Mar
Dec
455,.
Jan
Mar
500
Dec
12%
May
9% Feb -11,
520
Oct
5
6% Nov
Jan
12
1 s
% A
4
21
Dec
5ao
>
Dec
14%
Feb
7% Dec
17
32%
Feb
16% Dec
13
26
3%
Jan
7.
Dec
5% Feb
10
27%
Feb
7
14% Jun
22
8%
Feb
May
J6%
Dec
15
Feb
20
17% Sep
34%
Feb
22 Va Dec
17
1113/4 July
92% Dec
15
103% Jun
97%
Dec
14
May
34
Jan
9% Nov
17
8
Marathon
27
223/8 Apr
16
10,
193/4 Jan
16
11
693/4 July
14 Va May
39% May
18% July
26%
Nov
18 3/8 Dec
16
24% May
353/4
Nov
27% Feb
,11
45
29
176
175
24%
Dec.
X165
Nov
.9
27% May 20
Oct
22
Jan
26
353/4 Mar 16
473/4 Apr
20
Feb
84% Mar 27
93
Jun
3
100 Va
Dec
Aug
84
Master
7%
Dept
18
$3.75
13
85
Jan
13
$3.40
83/4 Dec
17
12% May 15
43% Jan
Jan
33
108% Mar
113
Jan
110
Dec
Apr 16
21% D£c
17
112
21
Jan
9
41% Jan
12
$6
'
$ per share
24
Range since Jan. 1
Highest
•
$ per share
33
May
Va
Feb
82
Dec
35
Mar
453A
Oct
24
May
32
Dec
46
-
25
56% Feb
Feb .11
Jan
5
101% Jun
Nov
10
423/4 Jan
233/4 Mar 17
8
Jan
12'A Dec
16
19% May 15
Feb
48
Dec
16
62% May 15
19%
Jan
12% Jan
28
18% Jun
18%
18%
1,400
*38 Va
39 y4
39
39
38'A
383A
38
38'A
37%
38
37
37'A
1,400
*168
172
171
*168
—100
_
preference
No par
No par
:
NEW
v
2
24
8
Porcupine
McLellan-Stores
McQuay
Norris
2nd
4%
pfd
Melville
Shoe
'
*
Mengel
Co
(2nd
(The)
1st
conv
common^
Merch
&
& Co
Min
Co
Transp
Inc
11
19% May 27
Miami
11
693A May
51% Dec
7
Mid-Continent
6
Midland
Prod
30
IO43/4 May 25
10
Feb
87
15
98
May
Dec
54% Mar 11
78
May 17
Dec
98% Oct
For
3
17
18% July 13
10
121% Oct
18
423A Feb
1J
73 % Jun
14
Feb
10
9% July 13
25%
Feb
13% Feb
11
34
July 13
51%
Jan
34% Mar 17
44
Jan
5
13%
Feb
9
15 Va Jun
24
Feb
24
footnote
see
o>
ve
28.
Sep
15
293/4 July
9'A
33%
22 3A
112
9%
34
*110%
22%
22%
9'A
9'A
9
34
*110%
22%
84%
9
9
*83
8%
r
*33%
35
33%
112
*110%
112
*110%
22%
22%
AND
HIGH
Monday
Tuesday
Dec. 11
Dec. 1.3
22%
SALE
Dec. 14
$ per share
1
34
34
112
6
31
41'A
$ per share
22%/
22
84%
9
33%
112
22%
40'A
3,500
30
84%
*83
9
8%
*34
2,000
400
35%
*110Va
112
21%
22
3,500
PRICES
Wednesday
Thursday
Dec. 15
Dec. 16
$ per share
I per
x29
*92%
20%
*20'A
21
*20'A
20%
18%
18'A
18'A
*18
18'A
*18
16%
16 Va
16%
*83
.
84%
*83%
_50
*33%
21
——1
*12%
13
*48
30%
20%
42
shire
Friday
Sales
Dec. 17
$ per
for
the Week
Shares
share
51
Va
44
6,300
30
30 3/8
2,000
93
200
20
20'A
20
20
*20'A
21
700
18
18
*17
18
171/4
16 Va
16
163/8
15
16%
*83
84%
*83
843/4
>32
34
*32
21
21
34
*33
34
21%
1234
12%
8%
Steel
1st
12%
St
P
SS
&
M
*8%
1
3.20%
$4
&
Moline
$6.50
7%
Mojud
58
571/4
89
*88%
21 %
123/8
2C%
*38
pfd.,100
*97
.—100
*104
12%
12'A
12%
50
48
48
*47%
49
20
13'A
13
131/4
123A
13
3,200
1,900
58V4
57%
58Va
89
89
881/2
88%
200
22'A
22%
22%
2,700
39%
39%
39%
*38'A
39%
*38
39
37%
971/2
38
*37%
37%
300
130
98
105V2
97
*104
97
105%
12 Va
12 Va
vtc___No par
93/4
9%
9%
series
57 %
21%
42%
134
12%
10
97
98
97%
97%
*104iA
105%
104%
104%
14%
14%
xl4
46%
45
45%
42 'A
134
11%
9%
42%
134 Va
12
10
'
*
104'/a
971/2
*96%
98
1051%
*1041/2
106
14
'A
42 'A
13%
13%
13%
45%
45 Va
45
45%
42 V*
134
*133
42
133
133%
133%
12
11%
12'A
1,000
9%
93A
2,400
*11%
12%
*11%
9%
93A
9%
42
42
443/4
45%
44'A
44%
43
%
441/2
x42 'A
89 %
89Va
89%
89
89%
88 Va
89%
89V2
89%
63
63
63
64
63%
*63%
102 %
*102%
103 Va
102 3A
13Va
13%
13%
13%
117%
117%
115
115
55 3A
6'/a
102%
102 34
102%
102 34
63%
102%
13»A
13%
13%
13%
13%
13%
*117V2
118%
117
56%
55
115
563/4
6
115 »A
57
6%
117
117
56%
53%
5%
6Va
56
5%
5%
'7,000
42
631%
13
2.000
-
133
44
13
100
13%
45
9%
43'A
102 aA
Carpet
Hosiery
5 8'A
22
'*102
preferred
200
90
*11%
6
8%
58 'A
_No par
553A
8%
22
42%
No par
8%
*88%
463A
Nq par
*8%
22%
133%
com.
8%
58
42%
____i___10
1,900
89
,_No par
RR
8Vi
12%
12'A
57%
i
—
13
*21%
134%
*
*48%
*88%
42%
1
800
3,100
21%
134 %
com."
21
58
—LlOO
Impl
50
32 Va
20%
89
15
89V2
32
21%
47
44
33
21
213/4
*63
Power
Corp
Monarch
83A
^-Nopar
Mo-Kan-Texas
Mohawk
*8%
14%
preferred
Mission
83A
Mfg—
preferred
Minn
„;*8%
*88
Regul com
3
pfd series. A—100
conv
Min
8%
*57%
;
Minn-Honeywlell
Minn
13%
14%
A
50
13%
47 Va
preferred—
*48
133A
500
6,500
16'A
2IV4
50
171/4
84%
*83
12%
300
93
16%
131/4
25%
30%
84
*48
3,600
93
16 Va
13%
30'A
30Va
84
13%
30
93
163/4
213/B
30'A
30 Va
85
2 l'/a
29%
96
30%
*92
33 Va
34
21 Va
30%
%^ 29%
31
95
20 %
30%
46%
Minn
21
703A
32
*83
*143A
July 13
1143/4
Sep
833A
——5
14
11
83%
*83'%
——10
com—1_No par
Minneap & St Louis Ry
17
102 Va
23%
Copper
May 10
Feb
630
84%
84 Va
93
No par
3.90%
sevies
16
Apr
May
Edison
preferred
140
Dec
8
4.35%
9
99
3 2 3/4 May
Metropolitan
11
4
87%
*92
Co__i————5
Machine,
Nov
51%
Oct
Mesta
129 Va Feb
Feb
87%
96
Petroleum
8
87'A
*91 Va
—No par
Feb
563/a
87 Va
307/«
Scott—lNo par
13
~
87%
,
95
Inc common.—
38% Feb
3% May
11% May
87
41 %
,
^3%
Co
48%
283/4 Mar
8734
31
;
preferred———.,_50
Stores
12 3A May
Nov
87
'
5%
Mercantile
33
10% Mar 16
87%
—1
18 '/a Mar
109
87
*30%
series)-
36
Oct
210
88
•
S per share
-10
Corp__
92
Dec
88%
88
*91 %
Co_
Jan
15
*87'A
1
1113/4 Aug
123
39'A
87'A
No par
Corp common———No par
4%% pfd (1st series)—
_100
Merck
Jan
40%
871/4
,*110%
.
par
Mead
$3.50 preferred
Merritt-Chapman &
23
27 % Jun 15
_1
:
Mfg
953A Jun
May
40'A
87'A
LOW
Co__
63% July 13
7
40'A
8 7'A
9 %
Mines;-—5
„—
19
104
40'A
88'A
Saturday
Inc com_i—18
Robbins
$4 preferred
11
105% Jun
41%
87'A
-
Publishing——No
13
25
171
40%
88%
33Va
,
Par
44% Feb
Nov
*168
41
88'A
-
Dec
Dec
171,
39%
88'A
*83 Va
STOCK
YORK
*168
39%
88'A
pfd 1947 series—No par
pfd—
—/—No per
cum
171
*168
39'A
..No par
wi—
170
*167
Stores common——5
17% Feb
84%
900
18%
85% Nov
563/4 Apr
1,600
18%
Jan
30
56
18%
103% Mar
9 Va Mar 17
56
12%
43'A
73
42 Va Nov
13
56
%
43%
24%
Feb
103/a
13
56
xl 2
42%
May
May
Jan
10%
55%-.'
421/4
13 Ve May
14%
10%
12%
55%
41%
46% May 28
66%
10%
123/4
56
41%
2
6 3/4 May
1U%
13V4
56
42
17
47% May
11
*j3A
13
56
41'A
23 % May 25
Jun
7,400
i
13V4
56
18%
McKesson &
Dec
Mar 16
103/4
11%
13 Va
56%
40
20 Va Dec
35
70
1,700
32
11
94%
*24%
Feb
Nov
94'A
25%
Jan
Nov
94%
*24%
96% Jun
Mar
*93i/4
25V2
15
15%
92%
*24%
80% Mar 24
45'A
92%
251/4
Oct
156
93
*24V4
50
Jun
93
24%
25 Va
10% May
93
24%
May
29% May
5,400
26
17
136 Va
23
*24%
Feb
Dec
22 Va
McGraw-Hiil
23%
Apr
22%
18%
Mclntyre
104% Dec
60
22%
13
....
5,100
22%
•
35
105%
8
•6 %
17
221/4
94
12
1013/4 Nov
6%
16%
22%
34%
May 15
443/4 Jun
6%
17
223/4
*92%
243/a Jan
10
*16%
223A
34%
17
Mar 10
6%
6%
17
20
95
17% Dec
Nov
2,500
20 Ve
x331/2
Feb
47 %
20'A
20
1,200
*92%
31%
97%
2,800
34%
21 Va
35% May
8 Va
94
9
65%
8 Va
34%
24 Va Jun
Dec
8%
8
34%
11
83•
x6%
*16 3/4
700
8 Va
20
16%
33%
18% Feb
43% May
6%
17
3,200
7'A
16%
18%
35 %
503A May
6%
*163/4
7
7%
16%
30'A
V *93%
Feb
5
7
17
20%
520
7
*71/4
8'A
20
20 Va
*490
34%
253/a
(!83A Nov
20
20
7%
16%
8'A
17
8 Va
20'A
520
93%
17% May
16.
8'A
•
*7
31'A
2
55 %
8Va
*16%
*490
19
May 15
52% May
1
Jun
8
v
30 3A
31
25
7
17
8 »/8
19%
.Fv
550
7
93%
98% Jun
Dec
21
20'A
*500
7%
100
*33%
9
20
2,000
30,400
93%
5
40 3A
19
19
34%
20
Dec
11
19Va
*92%
Sep
Jun
11%
18%
2,800
*33Va
Dec
41
*56
4
400
19'A
18 Va
3 l'/a
_100
Jan
16 >/a May
11%
13
-/-No par
x93
12
31
McCrory Stores Corp com
3% % conv preferred
30
883/4
:—1
——.—No par
95'A
95
*11%
McGraw Electric Co————_1
87
Dec
*93 %
*94'A
12
31%
14
Feb
44
Dec
-
100
95'
12
31%
15-
Jan
87
22%
EXCHANGE
36% May 21
88
63A
*163A
$ per share
29
6%
17
Co———
Corp
(
105%
30 Va May
63/4
*94
12'A
18,400
19
Highest
$ per share
Feb
1073/4 Feb
Lowest
20%
23
STOCKS
Year 1947
201/4
94%'
133/4
19 %
Range for Previous
Lowest
20%
31%
94%
8
8%
135
133/a
*18%
cum
1st
8%
'1
*130%
13%
400
37%
*36 Va
135
31%
*12
17
8>A
17
83/a
21
550
7
36
*130%
13%
133/4
1
cum
McCall
16%
20 Va
*500
■
7%
20%
•
Co
common——T„No par
preferred
No par
$3
*73/4
17
191/8
19
20%
550
8'A
Maytag
10
Nov
50
Jan
1:
7Va
8 3/s
*8
}
20 >A
*500
7%
*16%
r
$3.75 preferred
Jup
191%
,7 22%
Co-—
Corp
preferred
.
19Va
36
36'A
135
13%
Chemical. Corp—No par
Mathieson
May
19%
corn-—No par
Corp
Electric
123/8
,,17
—6.25
—.
L)
(Glenn
Masonite
943/4
*11%
20
Co
&
*93%
123/a
*7'A
Corp——,—-i—5
6% prior pfd—100
Ry
Field
Martin-Parry
93
14 %
48%
31%
95
*11%
193/a
:——5
preferred
Martin
6
Jun
35% May
Febt
4'A %
-
31%
*93%
12
550
—,
St
77 Va Aug
97 % Mar
7% May
42
Feb
Feb
49%
Dec
82
Jan
12% Nov
,47%
106
Dec
85
Jan
190
39% May
88
Oct
63 Va
31%
Midland
Marshall
9
31'A
95
19
Corp
Market
16
31
12
*500
Exploration—1
Marine
Mav 20
31
*93%
1
Shirt
Maracaibo, Oil
29% May 18
6% Dec
13%
Bros ;—____No par
Manhattan
25 % May 17
13%
2—1
—
*35%
*130 Va
*130%
14
CO——,—50
RR
Co—
36
135
135
133/4
—-10
(The)
Co
Sugar
Mandel
24
Jan
22% May
9
Magnavox
36
36%
*1301%
14
JL100 ' /
—
*36
135
13%
com-—No par
A_—1
36%
,,*131%
__5
Garden^—No par
Copper
Manati
}33/g ,Mn
Dec
series
Square
Mahoning Coal
10 3/4 Sep
*36
1.—____:——100
Inc___—La
Colnc
pfd
Magma
Apr
14
(R.H)
4%%
Madison
24% May 20
9%
18% Mar 18
»
or 12
Trucks
Macy
39% May 27
lu3% Jun
22%
19% May
6% May
Mack
com——i.10
Forbes
&
preferred
6%
65
117
5%
551/4
5%
44
43
*89
90%
64
64
103
55
54
1,400
70
4,700
500
700
260
6,100
140
2,100
53A
5,900
23'A
5%
6,700
A__j,—__ 100
24
24%
24 Va
24%
23%
24
23%
23%
231/4
23%
Mills.——2.20
Inc.—s.
.1.25
*35
36
35V2
35%
36
36
*35%
36 Va
35
35 Va
34%
34%
800
*10
10 Va
103/a
10%
10
10'A
10
10 Va
10 Va
*10'A
10%
1,700
*23%
25
25
243/8
24%
'24%
*23'A
24%
100
Co
Machine
Tool—
No par
*23%
10
*23%
25
*23
22%
,
24
(2556)
THE
COMMERCIAL
&
FINANCIAL
1
NEW
Range for Previous
Range since Jan. 1
Highest
Highest
STOCK
I per thare
Saturday
EXCHANGE
I per thare
'
May
63%
Feb
45% Nov 29
110% May
128'/a
Feb
99% Dec
61% May 17
122
1
Par
112% Apr
9% Dec
49
64%
May
15%
15
18
65
47% Mar 16
Feb
$3.25
6
10% Oct
105% Mar 17
Monsanto
May 15
$4
$ per share
t per share
5
47%
47%
47%
47
103%
Dec
17%
8
27%
Dec
20
Nov
6
27
147/8
Nov
11% Jan
23
17
Oct
20% Jan
22
Dec
May
27%
19% May
27%
17% May
25
10% Dec
103%
10
May
35
Apr
15%
14
107% Jan
5
10%
10%
No par
*22%
24%
3
20%
21%
21%
No par
23%
23%
*23%
5
*19%
193/4
191/2
1
16%
16%
16%
1
15%
15%
xl4%
Mullins
Dec
12% Sep
21
17
Jan
Murphy Co.
4%%
2
Jan
44%
Feb
34
Dec
17
43
Jun
29
Jun
56
Jan
50% Jan
23
55% Jan
5
25
9%
16%
Dec
Brass
Co
Mfg Corp
Munsingwear Inc
2
50%
Products Corp
Wheel Corp
Motor
14% Oct 23
May 15
37%
104
110
57%
Mueller
Jun
*103%
*107
56%
Motor
112
2
103%
107%
57%
9
45
33% Feb 16
Feb
Jan
Dec
10
Nov
40%
112
Dec
103%
*106%
57
16% Oct 26
9
1Q3
107
No par
Lines—
com
new
—:
(G C)
5
preferred
Myers
(F E)
40%
100
Murray Corp of America
4%
*10
1
common
preferred—
*110
10%
11
& Bros
9%
9%
9%
3,800
55%
53%
54%
54%
54%
54 %
55%
14,800
10%
5,200
10%
*23
23%
19%
16%
16%
15
14%
* *23
10%
10
40%
13%
13%
13%
13%
35%
*35%
53
*50
*
23%
23
23
20%
20%
20%
7,200
24%
23%
23'%
23 Va
23%
1,400
19%
*19%
19%
19%
19%
16%
16%
16%
16%
16%
143/4
14%
14%
14%
14%
10%
*10%
20%
23%
*23%
19V2
*19%
16%
16%
14*%
14%
10%
10
40
353/4
10%
*22%
20%
20%
40
39%
ill
111
10%
11%
24%
10%
11
24%
19%
35%
*50
9%
21%
10
No par
500
9%
20%
50
com
—
1,000
9%
24
*110
,
9,900
103%
110
x54%
24%
40%
.
%
*107%
Shares
47%
9%
21%
10%
40%
111
103
9%
10"%
*23
46%
47
103
10
Co
46%
106%
x9%
Inc
47%
103
10
Motorola
46%
the Week
$ per share '
thare
per
107%
*106%
Moore-McCormack
Morrell (John)
&
9
13
Jun
Co
103
107%
10
29% May 27
23
May 27
19
13% Nov
107%
Feb
16
Utilities
*106*
5
24
19% Mar 17
Feb
Mar
Jan
21% Dec
B
Montgomery Ward & Co
17% May 15
May
'/a May
series
i
Sales for
'
Dec. 1ft
t per share
47%
Friday
Dec. 17/
Thursday
Dec. 15
Dec. 14
47%
-
PRICES
Wednesday
Tuesday
Dec. 13
f per thare
com
series
Montana-Dakota
May 21
9
24
preferred
HIGH SALE
AND
Monday
-
A__No par
No par
Chemical-Co
preferred
,•>
Deo. 11
„
_
49 %
Monday, December 20, 1948
RECORD
LOW
NEW YORK STOCK
Lowest
I per share
• per thare
YORK
STOCKS
Year 1947
Lowest
CHRONICLE
'
ill
*109%
10%
10%
40%
40%
*39%
40%
111
11
*109%
110
111
500
2,100
>
4,100
10%
900
40 Va
2,3(0
90
110
13%
13%
<13%
13%
13%
13%
13%
35%
-52%
100
35%
35
35%
*34
35%
34
34
52%
*50
52
*50
52
*50
52
*50
13%
1,700
500
N
14
May
19%
Feb
14% Mar 16
21% Jun
19
May
29%
Feb
20
Feb
24
32% Sep
21
May
30
Jan
19% Dec
16
29
16%
Jan
4% Sep
8% Feb
29
10 Va May 20
13 ya July
8
National Airlines
17% Mar 22
National Aviation
Corp
45
8
National
Battery
Co
National
Biscuit
8 ye
Dec
9y8 May
10% May
14
16%
Feb
24
34
Dec
.Jan
27
Jan
165
Dec
34%
May
7%
13
Dec
July
National
Acme
26% Feb
20
32% Oct
175% Jun
National
22
1
23
13%
Feb
5% Nov
10
43%
Dec
32% Dec
9
14%
"
5
162% Oct
Jan
Feb
28
9% Dec
3
Dec
15%
Feb
26%
38
Jan
20%
23%
6
Oct
17%
14% May
17% May
Mar 18
Chatt &
Feb
13% May
Dec
11
9% Nov 26
29
"7%
9% May 21
48
Jun
14% May
Dec
165
Dec
136
Dec
6%
Dec
25%
ji
21%
Can
National
City Lines Inc
2
National
Dairy
14% Dec
16
21
May 21
National
17% Nov
10
22 %
May 21
National
Distillers
88
9
National
167
Jan
130
Nov
4
6
Sep
15% Feb
20
147% Apr
7% Feb
2
11
24% Jun
10
Natl
Malleable
&
•ft Dec
13
1
2
Natl
Power
Lt
19% Nov 12
81% Mar 10
25
10
Jun
7
8%
Apr
28
Jan
Jan
Feb
95
Nov
28%
Jan
Dec
29%
16% Nov
Sep
80 »/4 Nov
16
Jan
23%
100
20
21
25% Jan
16
25% July
<
6
94
9,
Nov
5
Jan
10
Dec
13%
Jun
9% Nov
10
12 y8
Ja'n
26
18% May
13% May
24%
Feb
9
29
19% Jan
6
18%
Feb
Feb
107
July
Nov
38
Feb
Nov
12% Nov 30
100
Feb
19
26
35
Dec
106
Mar
87
Feb
10
11%
Dec
13
Nov
8
Nov
24
95%
Dec
108%
Jan
90% Mar
35'% May
22% Dec
44%
Dec
38
32%
Feb
102
Feb
70
Nov
29
26
Oct
64
12% Nov 30
Dec
Jun
20% Feb
11
32 % May
46%
Feb
31
24
12
22%
Feb
12% Feb
11
May
11% May
19
Apr
52
Dec
230
Nov
Nov
15%
Nov
Dec
10'% May
4%%
Natl
July 12
Dec
23
y2
Nov
33%
Dec
"
62%
Jan
290
Feb
23% Apr
27
Jun
2
19
61
Jun
255
Jan
25%
Sep
16
20% Feb
10
Mar
107
86 % Jan
6
14 % Feb
27
Sep
Mar 18
14% Jun
9
N
Jun
17
19% Oct
23
Y
New
14%
14%
14%
14%
14%
14%
143/s
143/a
15
18
17%
17%
17%
17%
17%
17%'
17%
17%
14
14
16%
31%
14%
16%
17
13%
17.
*93
94 %
31%
16%
94%
31%
171
100% Aug
81
Jan
2
88
Jun
21
*93
31%
*169
132
132
20
53% Jan
N
Y
Y State
29%
*93
$3.75
&
9%
8%
£6%
9%
14%
102%
29%
*29
30
*29%
93
94
93%
9
13 %
*70
72%
*20%
25% Jun
21'
1
Noma
23 % Dec
17
17% July
36% Jan
5
Nopco
13%
1
Norfolk
Feb
18
62% Nov
Aug 24
28 y4 Jan
13
17% Jun
17
North
10%
Feb
13% May 10
North
115%
Jan
93
Northern
Central
8
Jan
3
2
82% Mar 10
Jun
11
&
13%
71%
22
-
15
*47
*230
9
32 %
13%
15
53
Dec
30%
Nov
25% Feb
11
36 y4 Jun
14
Northern
Feb
16% Feb
11
27% Jutl
24
Northern
9%
78
Aug 11
Apr
8y4 Nov
5
90
Mar 19
108% Dec
17
Feb
3% Sep 20
10% Mar 18
9
93%
93%
*93%
94
160
8%
9
8%
*92
-•
13
57
13%
73
*93
57%
56%
19,000
95
1.600
567/a
13%
13%
13%
72
13
*68
10
8%
8%
95
*93
56%
*69
8%
x8%
94%
56%
70
71
7,700
100
*
.
22
53%
255
.
31%
31%
31 I
31
31%
31%
31%
31%
2,600
32 %
32
32%
31%
32%
31 %
31 %
2,200
13%
70%
13%
13%
71
132%
14%
14%
*20%
*47
*230
13%
70%
134%
14
22
21
53 Va
21
*47
255
53 %
*230
9%
9%
9%
255
9%
*31%
13%
37,500
7,1%
72%
2,300
132 VI
132%
13%
*132%
14%
13
71%
133%
13 %
71
70%
*132%
132%
14
14%
22
*21%
13%
21 Va
700
14
21%
1,800
'
*47
53
*47
255
*230
400
53
*230
255
9%
9%
9
32%
31%
32 Va
92%
92
92
92
92
16%
16%
16%
16%
16%
16%
16%
16
16 %
86 %
86%
85
85
86%
86 J/4
86
86
31
31%
*85
Monday
Dec. 13
21
14%
23%
24
59
59
*26
„
27
15%
I per share
15%
Tuesday
31%
*92%
93%
21
21
20%
Dec. 15
14
133/4
14
24
23%
23%
59%
*26
15
60
59
27
*26
Inc
Dec
1 per
1 per thare
20%
14
23%
•
Thursday
Wednesday
Dec. 14
I per share
*20
8%
30%
*93
15%
9
6,600
30%
2,000
110
94
16%
2,200
*86
90
88
59 %
15
11%
11
11 Va
xl0%
*20
for
the Week
Shares
900
21
20
133/4
14
13%
13%
6,000
23%
23%
23%
23%
1,100
58 VB
59
■:
20
60
'
593/8
59 %
27
*26
15%
share
Sales
Friday
Dec. 17
1 per thare
24%
59%
27
14%
16
14
*23%
15%
.
20%
13%
27
27
15 Va
15%
15%
10%
103/a
10%
10 3/8
10 Va
3,700
84
'
*26
15
27
100
^
♦
15%
16,500
10%
10"%
*84%
85%
*84%
85%
*84%
85%
*84 Va
85 Va
84
84%
84
32 %
32%
32%
32%
31 %
32%
31%
31%
31%
313/s
30%
31%
7,000
17%
18%
18
18%
18%
18%
18%
18%
18%
19 Vb
18%
18%
31,500
88
88
87%
873/4
88%
88%
88%
88 %
*88
89
89
89%
107%
108
11
107%
*107%
107 %
1073/4
10%
10%
10%
9%
10%
9%
18%
18%
18
18%
17%
18%
17%
17%
38
38
38
*35%
37%
&
Feb
18%
93
14%
102
10
Telegraph
13%
93
107%
Pharmacal
Dec
Dec
93%
25
Northwest Airlines
4.6%
500
10%
Tire
2
30%
*106"%
Norwich
9
*29%
common—10.
Norwalk
Nov
33% Jan
30%
No par
Northwestern
16
Jan
29 7/b
32
14 %■
_
14% Jun,
Oct
45%
30%
92
*20%
1'
preferred
27% May 17
40 % Apr 24
7% May 21
25%
Jun
30
*100%
100
17 Va Mar 20
19% Aug
•1
400
30
*14%
14%
101
50
Ry—
9
33
3.700
9%
9%
*14
32 %
i per thare
Northern States Pwr Co (Minn)—
$3.60 preferred
No par
$4.80
9%
9%
9%
92%
Saturday
10,
Co
Gas Co
Pacific
103% Oct
5,400
*85
100
25
Ry
Natural
227/a
10%
*16%
1
25
Aviation
13% May
1,700
10 Vs
*91
-
4
Co
American
103/a
103/8
32%
72
133
*20%
8%
72
132
15%
1
Ry com
preferred
American
10%
9%
101
72
255
2.50
Western
Adjustment
*10%
14%
13%
13%
71%
Dec. 11
Co
14% Mar
800
10 %
102%
;13%
9
-
Corp
Chemical
20
22%
LOW AND HIGH SALE PRICES
STOCK
Industries
Electric
4,300
83%
*22
*14
*70
13%
*47
.
pfd—100
Corp—
preferred
YORK
Noblitt-Sparks
18%
*83
*101
57
*70
133
x9%
9%
94%
*230
___50
Par
16
.
14%
*56%
32%
No par
f per thare
15
18%
400
22
102%
*92
33
13%
14%
*101
9%
32%
EXCHANGE
Dec
9%
*21
5,100
Gas
cumulative
NEW
10%
4,500
83%
*22
9%
500
92%
223/8
*82%
9%
%
23%
92%
18 3/8
18 Va
18%
83
22%
10%
57%
33
100
17%
83
*22
10%
94%
33%
A
A
23
21%
9
57%
57
32%
Co
173/8
*21%
%
A
*21 %
21%
*92
•
94%
*13
No par
9%
*14
*101
94
*92
;
9%
14%
32%
Hart RR Co_100
*9%
102%
33%
com
10%
9%
1
Shipbldg Corp partic stock
25
22%
14%
*101
10
J
:
Co
series
Elec
9%
No par
Light 3.90%
55
Feb
9%
.
100
100
RR
10%
%
'
1
preferred
Sep
102%
9%
1,700
17%
17%
18
23
21%
17%
*9%
17%
1 '
21%
22
*10%
800
18
83%
10%
250
£%
22
17%
*10%
132%
6
92%
*82%
1
132%
6 Va
91%
x22
100
133
*6 Va
92%
18%
;
5,100
133
91%
22%
■
31%
6%
93
83%
Co
31%
133%
1°0
*21%
1,500
8,200
169%
*21%
18%
common
5%
18%
22%
15 Va
&
23
*21%
12%
16%
94
169
%
92
16%
*93
31%
31%
31%
12%
/
16%
94%
170%
23 %
*82%
No par
Preferred
•
13
16%
*93
170
A
18%
No par
N Y Power
18 Va
Xl3
16%
172
*170
*22%
.
22%
York
Harlem
18%
83%
City Omnibus Corp
non-cum
18%
22%
common-,.—1
St Louis
Jan
64 V4
4,100
22,400
.
6'%
6%
*82Vb
71%
Highest
S per share
8,600
■
133%
132%
*6%
*18%
*131%
&
18%
♦
13%
94%
31%
169%.
132%
"
6 Va'
23
100
Y
x6%
16%
*93
31%
com___lo
__100
Brake
Dock
6%
13%
16%
169%
STOCKS
Lowest
S per share
Oct
*18%
10o
$5
N
132
*6%
14
94%
31%
171
23
preferred series A
Range •lnee Jan. 1
Highest
25y2
132
100
N Y New Haven &
39% July 12
96
Y Chic &
6%
25
19
49% Jan
200
19
2,300
14%
14
No par
Central
3
9%
17%
93
York
9
Mar
9%
14%
92
Air
11% Mar
9%
17%
91%
York
20
9%
17%
91%
Newport News Ship & Dry Dock
New
Feb
9%
14%
%
preferred
Industries
Nov
6%
28%
23%
preferred.
30%
12
27%
common__No par
Elec
33%
Aug
28%
A
preferred
Dec
11
27%
23%
common
(JJ)
Dec
Dec
27%
__10
Inc
16% Dec
6% May
79%
27%
No par
26
25
27%
_25
Fibre
56%
Dec
27
%
Co
conv, serial
%
13% Dec
83%
27%
23%
New
N
4,500
27%
%
9
6
9%
7Va
7%
27
23%
22
July 12
7%
3,800
1,400
27
No par
34% Oct
July
3,000
12
•
No par
43% Jun
4 %
18% July 12
6%
35%
12
Cast.No par
ex-dist
Newport
92
36
7%
7%
230
6%
34%
6%
6%
35 %
172
12
20
144
7%
7%
6%
36%
171
172
12
pfd__100
11
Year 1947
I perthare
7%
6%
35
30%
30%
171%
12%
No par
Range for Previous
Lowest
6%
34%
30 Va
30%
172
12
System
10
Aug
Steel
Co
N
80%
6%
34%
1
9%
New Jersey Pr & Lt Co 4%
Newmont Mining Corp
Feb
11,500
30
>171%
12%
1
Corp
Corp
Tea
Bros
3%%
Feb
26
&
New England
39
300
30%
30%
172
9%
100
Shares
Newberry Co
121
2,800
35%
10
*12 %
*168
Corp
Corp
4%%
Dec
10%
35%
9%
__10o
preferred
Neisner
Dec
3,500
10%
35
12%
*93
26% May 21
90% Jun 18
I
10%
10%
9%
1
.
Service
Vulcanized
Nehi
50
20%
Linen
Natomas
12
10%
10%
35
10%
12%
No par
10
preferred B
National
137
6% Mar 29
84 Va
May 15
10%
11
35%
10%
9%
5
common
National Sugar Ref Co__
National Supply (The) Pa
24
12% Jan
8
99
Aug 17
13
17%
Jan
98% Jan
3
Feb
X87%
18% May
May 17
104
x27% Mar 12
98
80
Co
National Steel
2
-
10% Dec
May
Lead
cNational
*
3,400
12%
12.50
preferred A
National
May 17
114% Oct 23
29
Nov
Jan
Feb
28%
7%
6%
7
5%
*10%
6%
'
17%
105
National
J.
5%
.
9%
No par
Gypsum Co com
preferred—
16
Jun
5%
12 %
No par
conv
Oct
30% May 27
15% May 26
1,1
$4.50
162
38
5%
*35
10%
34%
7%
2,000
5%
17,800
11 Va
6%
7%
60
19%
5%
5%
33%
7%
147/8
24%
19 Va
1
.
Sep
177
30
171
1
14%
24 %
19%
1
Prod
common
Dec
1%
Mar
New
36%
29% Jan 23
30%
169%
6%
Co
Products
190y4
26%
20% May
12% Dec
8
20% Jun
30%
33 %
*7%
10%
*35
169%
169%
14 %
25
19%
Enameling & Stamping—
14% Dec
96% May 19
30% * 30%
14%
25
19%
14%
*25
36
10%
11%
36
15
25%
19%
15%
5%
10%
10%
*35
.
6%
Department Stores
Oct
14
1
*169
57/8
10%
11
36
33 Va
Co.
Gas
5%
10%
11
1
Jun
Oct
53/4
10
24% Mar 17
Sep 27
20
No par
32
15
10%
10
Corp
Register
Container
85
25%
*19%
*35
100
Cylinder
Feb
15
*25
20
53/4
1
common.
National
Dec
12% May
Co
National
Jan
15%
25%
20
5
preferred—
2
17
15%
25%
4
14% Aug 23
Jun
74% May
2iy8 May
Inc
.
Jan
107,
Jan
15%
Fibres
Cash
Nat
96
Automotive
153/3
26%
20 Va
20
l
—
National
9% May 20
15%
*25%
1
National
17
13% Jan
5
100
Louis
St
Co_
10% Mar 15
12% Dec
25% May
Corp:
9
Jan
Nashville
Jun
187
8% May
33
Feb
Nash-Kelvinator
preferred
50
Rubber
*37%
No par
Co
*4
2.50
.
*11%
4%
12
107
*4
11%
4%
12
*35%
4
11%
38
*3 3/4
4
*11%
11%
4
33,500
80
430
108%
108%
350
9%
9%
10 Va
8,500
173/4
*
108%
9%
10
11%
.
«
17%
173/4
18 VB
6,100
35 %
37%
27 Va
37%
3%
3%
12
*11%
4
11%
40
4
800
11%
600
O
27
Dec
91%
Dec
•.??•»/
111%
Feb
92% Jan
2
103
21
Jun
18
Apr
35%
Dec
26% Feb
11
43
Jun
15
18
Dec
17% May
93
Dec
7% May
86
15%
May
Sep
24
May
149%
Oct
^Ty
nnw
27/2
Dec
L/ £
1J0
£eu
ZeZ.
001/
oo4/2
t/T
,?ow
00.?
26% Dec
9
92
7%
88%
20
27
144%
Mar
Dec
Nov
Jan
Jan
Nov
8
26%
100
*97%
33%
.34%
18% Jan 17
Oklahoma Gas & Elec 4% pfd—20
*16%
11
36% July 13
Oliver
9
17
29
2
26
15
xl09%Julyl3
12% Apr 20
100
Jan
5
23
Jun 17
37% Jun 23
154
Jan 29
19% May
Aug
28%
Feb
15% Nov
9
23
Jan
5
93
Jan
80
Dec
6
89
Feb
68
27
80
July
48
Nov
26
73% Jan
2
84
Nov
10
Ohio Edison Co
No par
16% Apr 14
22% Feb
34% Jun 16
4.40%
Ohio
common
preferred
Oil
Co
Corp
36% Jan
62%
131
-
Dec
Jan
47% Mar 16
39%
Feb
30
129%
Jan
168
Feb
For fo< tnotes
see
Feb
13
89% Feb 27
130
page 28.
Nov
9
8
55% July 13
44% July 23
104% Jun
7
147
Mar 18
91
29
29%
29
29%
97%
96%
96%
7%
7%
Outlet
Marine
&
Mfg
Co
Owens-Illinois
_2.50
No par
Glass
Co
Amer
Fisheries
2nd preferred
Inc
non-cum
Pacific Finance Corp of Calif
Pacific Gas & Electric
Pacific
91
8%
91
*21%
22%
*21%
29%
29%
29%
8%
91
8
8'%
,
*96%
7"%
*90
91
90
22%
22
22
*22
30
29%
29%
145%
29%
8
90
*88
32%
'
1,000
70
33%
17,200
17%
400
29%
29 Va
4,500
97 %■
97%
260
7%
3,300
*17
7%
90
*88%
90
110
22%
22%
22%
*22
22%
200
29%
29
29%
29
29%
8,000
147%
*145
147%
*145
*145
—
Outboard
Pacific Coast Co common
1st preferred non-cum
43% May 28
21% Jun 15
17
97%
Pacific
15% Mar 20
17
27
29%
15% May 17
29% Nov 30
17
29
15
Jan
17
96%
27
43%
17%
*16%
29%
30
X33% Dec
50 % Nov
25% May
X89% Dec
17
97
30
13
17
97
8% Nov
Oct
17%
29%
11% Feb
46%
98
8%
Oct
Jan
28
*97 %
33%
29%
Sep
24
*27%
98
32%
97%
Feb
Apr 13
27%
97%
33%
8
16
May 27
27%
98
32%
29
80
73
27
*97%
33
*96
19
60% Sep
34% Feb
27%
98
32%:
No par
common
May
Jan
27
97%
34%
26%
*97
4%% convertible preferred
100
Omnibus Corp (The) common
6
8% convertible preferred A—100
oppenheim Collins
lo
Otis Elevator common
—No par
6% preferred
100
9% May
50
27
97%
33%
26%
98
148
148
145%
*15
16
*15%
16
*15%
16
*15%
16
*1-5%
16
*15%
16
*80
84
*80
83
*80
83
*80
83
*80
83
*80
83
*145
*145
48%
48%
148
220
12.50
48%
49
48%
49%
48%
49
5
13%
13%
13%
13%
13%
133/4
9%
9%
97/«
*8
67 Va
*60
67
*60
67
*60
67
*37
39
10
19
19
300
30%
31
13,700
50 Vs
50%
2,200
30 VB
1,600
10
*9
9%
No par
*63
67%
No par
*38
40
10
25
Lighting Corp_
No par
Pacific Mills
No par
Pacific Telep & Teleg common—100
6%
preferred
100
18%
18%
9
*62%
65
*38
40
" *18%
19%
*62%
48%
133/4
487/a
133/4
9%
48%
14
14
9%
*8
38
*36
39
*36
39
*18%
19%
*183/4
19%
*1£%
19%
30 Va
30 Va
38
30%
30%
30%
30%
31
30 3/4
30%
30%
50%
50%
50%
50%
50 %
503%
50!V*
50 %
50
31
30
30%
30%
30%
30%
30%
30
30
91%
91
91%
91
913/B
90%
91
134%
*133
134%
134%
133 %
*30
93%
*133
93%
134%
x91%
*134
*133%
'
50 %
133%
14
*8%
30%
90%
132
48%
12,500
14
700
8%
90%
133
200
,
'
;
880
240
Volume
Number 4761
168
THE
COMMERCIAL
NEW
Range for Previous
f per thare
tper share
Rang* since Jan. 1'
Highest
Highest
4%
8%
13
7
Oct
7%
9 per share
3% Dec
Feb
2
39% Nov 29
4% Feb
Dec
14%
Feb
18
13
July
8% Noc
9
13% Mar 16
55
Nov
46
Feb
5
66
Dec
109
Mar
92
Oct
20
100
6% Feb
11
9%
Jan
109
Feb
~
July
19%
Dec
32%
Jan
37
Sept
53%
Jan
Dec
4%
Dec
17
Motor
2
105
18% Feb
11
34% Feb
10
Mar 16
4%
4%
29
30% Jun
38 %
48%
16%
6% Mar 16
10
9
16% Jun
Feb
24
Nov
27% Dec
7
Feb
38 Va Feb
Oct
9% Dec
Pictures
Parker
Rust
Parmelee
May 17
Patino
18
Proof
Jan
7
27
49% Jun
1
15% Jan
2
Penn
Coal
&
21% Nov
1
Penn-Dixie
Cement
10
34% May
7
Penn
Sand Corp
117
Jan
109% Oct
22
18
Dec
22
Jan
16"% Dec
17
15%
Dec
26%
Feb
16 % Feb
27
112
14
Jan
5%
38
May
51%
Jan
37
"Oct
18
48
Dec
118%
Sep
103
Feb
19
120
Dec
55%
Nov
29% Dec
8
Apr
45% Jan
81%
Jun
101%
Feb
86% Feb
17
99
21
Feb
9% Nov
26
34% July
7% Nov
26
20% May
24% Jan
30% J an
6
22
May.
Dec
May
34
Jan
12
Oct
28
9% Feb
11
Dec
18
Jun
9
98% Oct
8% May
22% Dec
Oct
104
6
pfd_
Dec
3
104
Jan
21
91
Jan
28
103% Sep 20
10% May
16%
,
Jan
Oct
35%
Nov
14
Jan
19
22
$6 preferred
Electric Co
9
4.4%
10
3.8%
8
4.3%
Phila
45% July
Jan
98% Mar
81
Sep 20
43%
25 % Mar 16
39 % Dec
87
97% Jun
91
Dec
109
Feb
Jan
6
85
Dec
101
Mar
82% Nov
16
88 % Oct
Dec
16
13% Sep
81
Jan
July
63% July
87% Jan
22
11
;
.
Jun
30%
Apr
99%
Dec
96%
Feb
18
38% July
108
Feb
&
•
13
163%
Nov
203
32%
16
169
Jan
Apr
42%
Fed
May
7
10%
157
Nov
8% May
15
Dec
140
Oct
Feb
30% Nov 24
7% Nov
10% Feb
10
'
22%
102%
22%
22%
200
*11%
1
20
Jun
Dec
11
1%
96
Oct
22
67
84%
Sep
70% Dec
15
82% May 10
Jan
10% May
171
20%
38%
Dec
15
Feb
13
Jan
200
May
17% May
145
* Jan
9
Oct
27
Dec
15
July
10
Range since Jan. 1
Highest
9 per share
I per share
14 %
Jan
Apr
19% May
38
Dec
33
Jan
6
35%
Oct
29% Feb
14
11% May
12 Va Dec
19%
Oct
11% Dec
7
15 Va
Nov
12% Jan
28
16
Feb
Sep
9
May
33%
9% May 10
5% Nov 26
12% July 28
70% May
46
Jun
Feb
22y8 Nov 29
Nov
62% Feb
16
15% May
85 Va Dec
32%
Jan
18
27
102 Va
Feb
81
30%May
38%
Jan
32% Jan
15
Dec
8
20
25
24%
20
Feb
Mar 11
Dec
14
61%
Dec
*25 Va
Feb
5
109 %
Jan
101% Feb
13
36%
Mar
Feb
29 %
Dec
Feb
X25
11
24%
Deo
8%
.32 Va Nov 24
Feb
17% Dec
Feb
15%
Dec
Feb
80%
Dec
94%
10%
Dec
Jan
105% Mar
20%
*94
20%
*22%
23%
23
23%
23
23%
*95%
.106
*88%
No par
;
:—25
7
33
7"% Feb 20
63% Feb
11
"
6% Oct
7
*
89
Nov
10
Jan
34% Jun 18
Apr 27
Feb
16
39
Jun
Dec
15
15y8May27
101
Jan
21
106
11% Dec
17
18
Nov
14^ Nov
Feb
62
Dec
84 V*
Feb
12 Va
Dec
17
96
Nov
102
24%
Jan
Dec
22% May
2
16
May 21
101%
Dec
14
May
91
Dec
10
14% Jan
7
25y4 May 21
15
13% May 24
66
53
Dec
10
Aug
9
Dec
11
15y4May21
Jan
82
Dec
16
99
30Va
15%
30%
15%
31V4
*160
162
160
15%
150
160
•"
30%
•
162
31%
31%
31Va
31%
31%
8%
8Va
8'A
8Va
*15V4
15%
15V4
170
*160
15%
15V4
185
*160
83 Va
84V*
84Va
86
*84
73
73
72V4
72%
21
1
21
*130
144
*27%
*20%
*138
28
27%
71%
21%
*20%
144
*138
27%
27%
10%
*80V4
31
*•
1,200
82
31
31 %
*15%
16
50
115
30
3,600
16
*160V4
165
*160'A
800
165
31
31%
15,:
*160
31
31%
8V4
8Va
*8
83A
15%
185
84%
71%
70%
70%
*15
*20
21
*20
144
*137
27
27%
27%
72-
20%
8
15
_90
7,500
2,200
15
*160
84
*70%
31%
8
185
84
*138
27%
30%
15%
*160
Saturday
Monday
Dec. 11
Tuesday
Dec. 13
9 per share
Wednesday
Dec. 14
•
9 per share
185
83%
700
30
83 Va
*70%
500
'
143
27%
71
50
20
20
300
*137
*
143
27%
Thursday
Dec. 15
,1 per share
$ per share
27%
12
12
12
12Va
12Va
*11%
13
13%
13Va
13%
13Va
13%
6%
6%
6%
6%
6%
*10
10
13
1
6%
preferred series A—50
4,800
*10
6%
1
6%
Sales
Dec. 17
10
10
10Va
5,800
44
43 Va
43%
37%
12%
37
12
37
7,300
1,800
12
1,500
13Va
6%
13
13Va
6%
6%
8,600
9,400
13
6%"
*10
24%
24%
24Va
24%
24
24
24
24
25
25%
25%
65
65Va
65%
1,400
65%
65%
65%
65%
65%
65%
65%
66
4,200
21%
5
21%
2,200
.24
21%
21%
20%
21
20%
20%
20Va
20%
85
84
84
84
84
84%
84Va
84
20%
84%
20Va
*84
84
84%
*36"Va
36%
36%
37%
37
37
36Va
37 Va
36%
36%
36%
37
No par
20 Va
20 Va
20
20V4
20
20'A
20
20%
20Va
20'/a
20%
25
25%
No par
com—No par
Inc
No par
Shares
43%
Colorado—20
com
for
the Week
I per share
65
No par
com.;
10 Va
Friday
Dec. 16
I per share
11%
25 Va
*
32Va
—100
*106%
No par
27V»
27%
18
25 Va
25
36%
34%
35%
34%
34%
34%
35Va
34%
32%
31%
32%
31 Va
32
30%
31%
30%
*106%
107
*106%
25 Va
36
31%
25
355/a
31%
25%
34% '
No par
20V4
25 V4
18
'
107
*106%
25%
25
107
27
*106%
18%
107
26%
27%
*18
25'A
27
26
26%
18%
18%
18%
*18
26
*18%
107
107
26
34%
31%
*26
19%
107
840
4,900
7,400
14,100
16,700
15,400
700
26%
18%
400
.13%
18%
1,800
76,900
R
-V
—
Reading Co common
4% non-cum 1st preferred
non-cum
50
50
2nd preferred
50
Real Silk Hosiery common
1%
preferred
Bros
101
10%
161
13Va
Reeves
lOOVa
*102
..10%
80%
161
-
12
4%
200
150
*11%
conv
13,700
900
*140
*83%
21%
300
'
11%
150 i
85%
144
*15Va
100
31 Va
*140
15V4
185
30%
,
100
V
31 Va
150
8Va
170
15%,
59
7,400
91
*140
31%
8%
80%
30Va
15%
1
150
115
10%
No par
5
100
Inc
50c
(Robt) & Co—
*92
"
27'A
26%
*70
7%
*92
27%
*27
13%
13 Va
13%
70%
•
69%
70
7%
7%
13
*69
70
73/B
7%
8 Va
92%
92%
92
92%
*92
93
600
64,900
70
27%
27
27
26%
26%
700
27%
27%
27%
27%
26%
273/a
*26%'
27%
27%
27%
27%
2,700
*32
■
32%
32
32
32
31%
31%
31%
31%
700
23
22%
227/8
22%
22%
22%
22 Va
22%
1,900
42
27%
32%
x7%
93
,
23
42%
37Va
22%
*42
*36V4
*10y8
10y4
10Va
12%
xl3
69%
7%
93
*22%
*42
*36V4
*99
14
69%
*27
27%
-*32
13%
*92
93
27Va
'/
7%
*99
104
12%
12%
42%
37'A
10'A
104
*31%
22%
42
*42
43
*36 V4
37Va
*36%
1Q%
10y4
*99
12
43
*42
43
*36%
37%
*36%
37 Va
10
*10
10%
10%
10%
*99
104
12
12%
*42
37 Va
10
104
*99
11%
11%
11%
104
11%
,
*99
104
11%
11%
100
800
800
2,900
,
Aug
4
Aug 24
$1.25
div
prior preference
7
Reo
8
Republic Aviation Corp
Republic Pictures common..
5% Nov 29
11% May 21
11
33% Oct 23
111% July 14
21 y4 May 15
Jan
5
Feb
15VaDec
15
Apr
82% Feb -17
102
-Oct
21
10
$1
Motors
8%
8%
*8%
8%
*20y2
21V2
*20%
21%
20%
20%
*20'A
21%
20 %
20'A
5
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
*52V2
54%
*52%
54%
♦52%
100
9
25
*85
1
preferred
54
50c
Inc
convertible
Republic
*8%
No par
Stores Corp.—
Reliance Mfg Co common
Conv pfd 3%% series
Remington-Rand common
$4.50 preferred
Reliable
53AMay20
page 28.
15%
*140
*160
81%
30%
30%
15%
*140
81V4
'
8,100
*10V4
,
101
*102
.
*36
13% May
•
15%
150
83
*81V4
*100
11
38 %
29% Jan
see
31
83
115
11
10
3
For footnotes
101
*102
45%
10
103
31%
11 Va
210
39
58%
11%
*31%
10
16
24%
*10%
31 Va
40
86
38%
*88%
58%
i. 58
11V4
*100
*81'%
'
91
31V*
115
83
39%
86
38%
*10%
101%
*140
100
58%
58
'
*88%
91
37
6% Feb
113y4May
•88%
44%
2% Dec
,110
11%
10
11% Dec
22% Feb
88
*10%
39 %
Feb
Feb
*85%
11
44 Va
Jan
Feb
88
11
10
8%
15%
*85Va
11%
38 %.
Oct
30%
86Va
44
9%
.
91%
31%
HVa
60
II,300
"
20 y4 Dec -14
8% Dec
*90
10%
33ya
4% May
3V2 Dec
9%
8% Dec
Feb
91%
*102
14
10
91%
*100
11%
70
31
92%
115
7%
Feb
85%
101%
-11%
13%
July
40 V4
85V4
38%
*102
69%
39
39%
*100
11 Va
7%
45
41 y8
39
86%
11
2C0
19%
19%
85%
115
*81V*
100
19%
101%
-
14
36% Feb 24
17%
10
' *31 Va
69%
27% July 12
29%
12%
31%
7%
108% Mar
Dec
'
31 Va
*11
.
32
I9V4
*11 Va
587/a
100
97
107
19%
39%
Reis
12%
58
*96'A
*105%
*91%
91
.10
Quaker State Oil Refining Corp__10
May 17
20% May
10% Dec
13
*88V4
59'A
13%
35
Feb
58%
*68%
16% Feb 20
16%
59 %
*10%
91
$3.50 1st preferred
No par
Radlo-Keith-Orpheum
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonier Inc common.—
1
$2 preferred
25
28
1
*88V4
Radio Corp of America com__No par
22% July
48% July
May
88%
11%
•
180
96
46
'
31
11
*86%
91
11%
No par
(The) common
5% conv preferred
Purity Bakeries Corp
July 28
18%
92%
17
x36
Oct
*91
75% May 27
11% May 19
98% Jun
4
16
Nov
38%
40
108
750
107
*105%
39%
$1.40 div preference
3
20
9% May
'85%
39%
*23
108
96
:
44%
Pub Serv El & Gas
July 12
Jun
19%
417/a
*107
96%
107
45 Va
Public Service Co of
25% May 29
15
19%
No par
Pure Oil
108y4 Sep
105%
86%
88%
11%
*102
.
1,600
107 Va
23 Va
108 V*
41 Va
*86%
*10%
*100
■
__100
23%
*85V*
88% *
11%
31%
23%
-38%
82%
58%
23%
39Vs
*88%
*11
8,900
86%
*88V4
;
5
20%
39
*11 Va
100 /
94
20'A
*85
'
93
* *86%
51
94
20%
40%
Pullman
22% Feb
33
42
50
94
20%
*95Mi
106
19'A
50
94
106%
>
49%
23%
96%
106
700
3,800
11,200
52%
20%
44%
5
267/a Dec
96
41%
39Va
106
*95'%
19%
85
38%
19%
42
85
95%'*
106Va
197/8
41
106
107
95%
*105%
16%
46
.
50%
*39%
May 18
Feb
Dec
*106
•
16%
96
1
Jan
Dec
Feb
96
50%
,
5
53
41
Dec
107
106
19%
r
20
I,800
LOW AND HIGH SAI.W PRICES
Publicker Industries Inc
$4.75 cum preferred
30% May 15
32
38%
37
.
*105%
100
51
5
42
17% May
16% May
52%
50
100
11%
45%
53%
95%
Par
4%%
Apr 26
39% July 6
24% Jun 25
28% May
327/8
46
52%
50%
Procter & Gamble
94
-
7% May
68%
45%
20%
Potomac Electric Power Co
Pressed Steel Car Co Inc com
28% May 25
Oct
\
53%
50%
Poor & Co class B
35% May 21
71% Jan
9
106 %
17
46
53%
Pond Creek Pocahontas
16% May 20
14% July 12
11% May 18
43
51V4 May
21 % May
*16%
45%
53%
Plough Inc
Plymouth Oil Co
4
24
71 Va
Dec
16%
47
53%
*93%
9 per share
May
57
16%
45%
53%
20%
NEW YORK STOCK
EXCHANGE
Lowest
Highest
21
16%
47
STOCKS
Year 1947
$ per share
17
53
"
600
1027/a
45%
50%
200
12
*11%
*16%
95%
B
*102
11%
17
20%
Pitts ton Co
46% July 13
16%
*10%
53
*93%
Pittsburgh Young & Ash pfd
(The)
7
Range for Previous
Lowest
class
11%
96%
47
20%
No par
*102
11%
12
30
96%
95%" 95%
102
11%
95
preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
26% Oct 23
161
preferred
102
11%
30
16%
5%
9
103
11%
20%
Pittsburgh Screw & Bolt
Pittsburgh Steel Co com
170
*102
11%
11%
94
Pittsburgh Plate Glass Co
11
f
*50
—
2
28
103
*102
11%
50
C & St Louis RR_:
10
27
22%
30'A
52%
Reading Coal & Iron__—1
39% Jun
Jan
IO3
9
*29%
47
1
73% Feb
140
350
•
*22%
1
Oct
1,200
105%
105
22%
Pittsburgh Forgings Co-,.-
93%
Apr
106
*22%
100
preferred
59 % May
114
*105%
106
22%
Pitts Consolidation Coal Co
Jan
106
-
8,300
29,000
*22%
Pitts Ft Wayne & Chic Ry com__ 100
7%
gtd preferred
——100
July 15
106
17
22%
14
Apr
37%
22%
15
36% July 15
37%
*22%
93
23 Va Jun
37%
*101%
16
155
37%
44,500
80% Dec
11
37%
8%
Mar
10
16%
37%
8%
Pitts C
Mar 16
16%
8%
Pitts Coke & Chem Co com—No par
$5 convertible preferred—No par
12% Feb
16%
16%
8%
10
26
113
17%
16%
8%
13
142% Nov
*109%
17
17
8%
Sep
Dec
113
17'%
16%
8%
15% Jun
Dec
105%
108
*109%
113
17
-
8%
3.60% series preferred
100
Phillips Jones Corp com new-No par
$4
*106
-30%
*109%
1,200
1,900
18%
27%
8%
17
Aug
109
113
10
18
*27
8%
14
'
38%
*109%
113
18
27%
8%
Jun
16
*37%
*109%
18
*27
*10%
10 Va Dec
32%
113
18'%
27%
"21
11%
Oct
169
18%
28%
11%
Dec
Dec
18%
"27
9%
12%
16%
Jan
45
•
*10%
96%
Aug
44%
10
12%
Dec
16
45%
10
*11
Dec
July 28
45
10%
11%
5%
8
45%
*10
800
*10%
May
18%
18%
28%
45
1,100
4,400
97%
10
165
18%
18%
*27
.
28 Va
96%
Pillsbury Mills Inc common
103% Jan
18%
28%
27%
96%
88
102
10
28
96%
—100
5
113
46
10
28
96
—
34% Jan
1
x45 "
10
28 %
*27%
*95
No par
com
7
98% Apr
47%
10
3,100
No par
14% May
110
47
10
13%
96
preferred
10
1
47 Va
13%
30%
;__^-l
54% Jan 21
30% Dec
300
8
*7%
14
*29%
preferred
Phillips Petroleum—
Phoenix Hosiery——
14
26%
8
13%
29%
:—No par
92% Aug 31
77% Jun 15
Dec
*26
*7%
14
29%
Corp common
—3
3%% preferred series A——100
Philip Morris & Co Ltd common—5
4%
preferred
a—
—100
July
88
29
*106
Philco
28'
Dec
93
div preference
21% Nov 29
Dec
i
'
—25
preferred
preferred—.
Jun
25
28
8
30%
preferred
103% Jun
>•
2,400
7,000
5
:
8
111
29
18%
common—No par
25% Sep
115% Jun
85
Jan
Brewing Co
(Chas) & Co Inc
Phlla
$1
6C0
2 Va
24%
*29%
Corp of America
Dec
Nov
40
2
24%
100
Dec
22
40
2
2
30,600
No par
common
21%
Jan
40
26%
29
*27
100
preferred
97%
May 19
23 Va
26%
10
7
Ry Co
Phelps-Dodge Corp
Philadelphia Co 6%
104% May 15
24% Jup 14
1,500
105
22%
7%
30
—33y3c
Pfizer
19
*102%
22%
"40
.
19
105
22%
40
13%
100
July 13
15,700
7%
7%
19%
19%
*102%
22%
X7%
Peoria
Petroleum
8%
7%
7%
19%
105
26 Va
8%
13%
Pepsi-cola CO
17% Jun 21
490
26 Va
8%
13%
47 Va
10
com__No par
Pfeiffer
29%
8%
13%
5
Co
3,500
94%
25
13%
7
59
120% Aug
109% Aug
*28%
8
*94
Milk
200
51%
94
24%
13%
*29%
4%%
15%
51
2 Va
37%
Pet
*15
95
25%
37%
& Eastern
15%
51%
*94
'
13%
Co
A
15%
■
2
27
7,000
51
15%
25
38%
series
32,800
*39%
*37%
cenv
8%
2Va
.*26
,
8%
25'A
17
20% May 15
64% July 12
Dec
26%
8%
22%
17%
2
Dec
26%
*7%
5
Peoples Drug Stores Inc—___j—5
Peoples Gas Light & Coke
100
May 19
55
40
2Va
25
17
13
7
40
16%
14
17
40 Va
17%
14% Feb
11
40
17%
40 % Feb
Dec
41
27%
8%
7%
23 Va
*26
9
*102%
22%
2Vs
28,000
19%
19%
23%
25
4%
*15
105
23
2 Va
4%
95
23 Va
24%
4%
8%
7%
19%
*102%
2 Va
4 Va
51 'w '
16%
45% Dec
,
20
105
25%
3,000
4%
95
17%
Jan
20% Dec
*19%
*101%
*39%
4%
41%
50%
17
Dec
94
7%
20
22%
3%
.41%
4 Va
15%
17%
62%
48% Dec
7%
4%
42%
96
105
103
Shares
X4%
41%
50%
50%
16%
48%
Mar
7%
7%
*15
*94
17%
Apr
59
7%
*19%
16%
*109%
May
109% Aug
27% Jan
96
the Week
4%
42
42
100
36%
49 V2
Dec
51
96
*2
preferred
3%%
22
45%
51
95
Penn Power &
22
Apr
*15
51 Va
Sales for
$ per share
42%
4%
4%
42
Light Co
No par
Pennsylvania RR
—50
Pennsylvania Salt Mfg Co com—10
20% July 6
22% May 24
111
15%
51
95
25
Corp
11
Glass
*15
No par
Coke
28% Sep
12
9Va
2.50
Penney (J C) Co
17
15% Feb
50% Mar
8%
No par
Penick & Ford
37
Feb
s
9%
1
Co
Apr
.
Mines
Enterprises
24%
21
9
No par
&
36
95
9
1
Transportation
Mines
Dec
23%
8%
1
Sep
111%
4%
No par
29
37
4'/a
1
Parke Davis & Co
13% May
13%
4%
100
Inc_—
X107
23
4Va
No par
preferred
Park Utah Consolidated
11
38% May
.
4%
4%
42%
100
Park & Tilford Inc
May 21
3% May 17
24% Nov
Feb
convertible
51
2
Feb
22%
4 Va
4%
4%
42
par
_
Paramount
33% Jan
14%
6
4%
42%
Transp—5
Pipe L com__No
26% May 27
17
15 % May
&
'
4%
413A
Friday
1 per share
1 per share
S per share
Dec. 17
Dec. 16
Deo. 15
1
2%
Panhandle Prod & Refining
Paraffine Cos Inc com
8
24% Dec
34%
Petrol
preferred
1 per share
Thursday
Wednesday
Dec. 14
Dec. 13
10
Airways Corp
Pan-American
May 27
Jun
American
AND HIGH •ALE PRICE!
Tuesday
Monday
1
9 per there
No par
25
(2557)
RECORD
,
Dec. 11
Car„—
Panhandle East
11
Jan
8Va May
32% Sept
Apr
Oct
.28
Jan
2
Pan
11% Jun 21
Dec
97
Jan
43
28 % May
7
Dec
7
Packard
May 17
19
,
Saturday
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
11% May* 21
21% Jun 21
Jan
96% Dec
CHRONICLE
LOW
STOCK
'
May
2
YORK
Psr
6% Apr
6
62% May 21
5% May 17
90
33%
STOCK
EXCHANGE
$ per share
40 y4
5%
NEW
Lowest
Feb
59%
Dec
YORK
FINANCIAL
STOCKS
Year 1947
Lowest
3% May
21% Jan
&
11%
54
9V4
*
8%
2%
6
6
10
Steel Corp com
No par,
26%
27%
S% conv prior pfd series A
100
*104y4 106%
Revere Copper & Brass com—No par
15%
16
5%% preferred
—100-*•-■■•100.— 100%
-
9
9%
2%
5%
27
16
100
27%
9%
53
9%
*51%
9
8%
300
21%
300
8%
3,700
53
9%
10
17,200
11%
8%
8
8%
7%
8
7%
7%
2%
2%
2%:
2%
2%
2%
2%
2%
8,200
5%
V
85%
5%
5%
5%
5%
5%
26%
5%
5%
26 Va
2,300
15,200
26%
*104%
106
16 Va
100
9 Va
*51%
9'/a
8%
8V2
8%
*103%
9%
54
*8%
*20
11%
11%
2%
5%
9
85%
88
8V2
8%
2%
*85
8%
9
11%
11%
1
<
9%
88
50c
.
*8%
9
-
*83
26%
*
O
15%
16
15 Va
*99 Va
100
*90 Va
:
82
82
12
11%
27
106%
86
11%
11%
*78
11%
26%
26 Va
106%
*104%
15%
106 V*
*104 Va
153/4
15%
99 Va
99 Va
*99Va
15%
100
82
11%
26%
200
3,600
6,300
107
15%
100
6,200
50
26
COMMERCIAL
THE
(2558)
Rwnge since Jan, 1
Highest
Year 1947
Highest
Lowest
.*
6%
19 V*
90
Dec
11%
Feb
Jun
39
Jan
9
19 % Nov
1
6
13
5
11% May 26
41% Jan
2
33% Dec
44 %" Dec
15
50
Jan
8*
Common
80
Oct
14
94
Jun
1
Preferred
l7Vir Dec
16
Dec
15% Jan
26
49
Jun
21
Feb
19% Nov
17.
28
Jun
15
Jan
18%
31
4%
10 Va Mar
Sep
Sep 29
5
19% Feb
20%
Dec
14
15% Mar
Nov
-
Mar 16
Oct
17
42 Va May
68V4
Oct
541/4 Dec
17%
26%
Feb
81/4 Dec
24%
Sep
Dec
8
3
16
Richfield
;
7% May 21
12
July 12
29%. July 12>
23% Oct 11
27%<May 27
72
May 28
18% Jan
6
*"84
6'/a
6%
44%
85%
18%
17%
18%
I8V4
27%
28%
27¥4'--28%->
"20%
21%
21%.. 21%-
5%
5%
10%
10%
27%
10%
27%
v
84
;
10¥s
53/8
53/a
*5 Va
lOVs
xlO'/a
10%
26%
26
26 Va
x25 Va
20%,
20 Vb
20 Vb
20 Va
187/b
18 7/8
19
55
54%
55
*8¥a
9
18 ¥a
19 Va
543/4
55
55
9%
9%
9
9%
9%
■
5%
20%
18 ¥a
'
25 %
8%
Dec
261/4 July
161/4 Dec
15
108
Dec
114% Mar
107% Sep
21
55 Va
May
Dec
Jan
37%
5% May
18
66
39% Feb 24
8 % Feb 11
Jan
12 Va
Jun ;
.40
Dec
32% Feb
67
681/4 Dec
21 Va Jan v 2
9
St ,Joseph
6
St L-San F Ry Co com v
16% July
48% May 15
2
139% May 28
57
Dec
60 '/a
Dec
58
Jan
29
9
Jun
12
Oct
8
Feb
13'
101
Jun
Dec
98 Va
July
Feb
18
91 Va May 2ff
11%
Feb
8% Feb
10
15 % Aug 24
55%
Jan
25% Mar
49%
Jan
39% Mar 10
103%
Sep
88
•
23 Va May
40%
Dec
92
Dec
90
Nov
83 y2
5
35% May 21
51
May 27
95
Jan
9
93% Apr
7.
15% Jun
24
Dec
,3
Oct
7
13% Feb
11
26%. July
6
7
79
98'/a Mar
Dec
Nov
12
Jan
18 y8
'
5
87% Nov 30
IO2V4 July
Dec
13'/a
r
79
24%
Feb
87
Apr
12
39% May
55
Feb
17%
19
€2% Jun
19% Nov
Dec
10
20 Vs Jun
Dec
35% Feb
11
431/4
Mar
23
Feb
15% Feb
,44
30 '/a May
Mar 25
5
10% Feb
40% July
5% May
1
31% Feb
5
'
9% Dec
5%
St
1st pfd
5% Dec
Feb
9% Dec
Jan
94
Feb
26
Dec
24% Nov
26
.
17'
Jan
31
36% Jun
2
104
/
8¥a
30'/a
46 %
46 %
Scovill Mfg
Scran ton
CO' 3.65% pfd
>100
Co (The) common—5
I2V4..
3.35%
Sears
Servel Inc
$4.50
30 VB
467/B
4 6 ¥4
46¥4
46%
89%
*89%
92
90 Va
90 Va
88
47
89%
88%
88%
12%
12%
12 %
12 ¥4
12%
83%
*82%
21
xl8 Vb
*82%
83%
*82%
20%
213/a
20%
17
of Del—No par
43'/4
44
—5
,*6¥4
7%
38¥4
38 ¥b
38 ¥B
38%
10 Vb
10 ¥8
10 V4
*; 10 ¥b
/
No par
4
,
_i__5
Co--
1
2
16%
16%
16%
44
44%
43 Vs
43%:
*6%'
7
x7
30 y2
Apr
&
10
9%
40%
Oct
30
Feb
11
46% OCt
22
Sharon
May
33%
17% Feb
11
27% Jun
10
*88%
,
70
Dec
82
141/4
Dec
21%
Feb
11%
22
Dec
41
;39
14
65
May.
Mar
9
11
Dec
13% Oct 20
Shell
15
i
7% Jan
5
11
,7% May 18
Silver King
26
36
Simmons
May 15
44
Jan
8
Feb
11
32 % Jun
21
15
92%. Feb
10
Jun
160
21-
18
Feb
11
25 Va Oct
23
.24
Nov
29
35 V* Jun
3
Oct
39%
Dec
231/4
28
Dec
17
39% Jun
18
Jun
80
Dec
14
90
Apr
19
91
87'A
Oct
102%
29% May
Sep
29
98
July
Jun
3
Jun
16
351/2
Jan
:25% Dec
14
26
17 Va
Dec,
13% Mar
Dec
14 % Feo
11
93
96
5%
5
Feb
3%;Nov
24
8%
Jan
5% Mar
54%
Oct,
Nov
"51/4
3% May
Apr
14% May
14
Smith
preferred
Corpna Typewriters_No
Smith &
17 ¥4
*533/4
54 ¥b
16%
16%
16%
3,300
43
43
8,300
43%
42%
43
7Va
*6%
,7
5%
*5%
57/b
900
9 3/4
9T/S
100%
9%
93/4
8,500
*98 3/4
100%
20
27%
36 %
277/a
10,100
36%
3,500
23%
22 %
22%
2,400
78%
78
78
•
Amer Gold &
Carolina
45% Aug
6
Oct
22
Jun
7
11% Nov 30-
22%
Jan
56
Jan
40 y8
Nov
42%
Dec
27
Dec
34I/2
jan
25 V8 Mar 16
Feb
20 Va Feb
,36% Mar 17
Dec
2
60
16% Jan
8'
43% May. 24
42% Jan
15
30% July
9
5%
E
5%%
conv
preferred
8%
preferred
Southern
Edison
27
30% July 12
Apr
501/4
Dec
43 % Feb
11
Pacifie
Jan
33 % Feb
11
62% July 9
50% Jun 23
Southern
50'/2
Southern
Feb
58 V\ Feb
20
70
July 12
5%
Aug
68% Dec
9
73
Jan
57% May
77
Nov
81
68
293/i
81%:
.17
•
6
non-cum
Range since Jan. 1"
Year 1947
$ per share
1
Lowest'
Highest
$ per share
99 Va
7 ¥4
V/a
7 ¥4
55%
12 V4
12 VA
38%
38 %
38
*35
May
,
Dec.
73
23%
Feb
Jan
93%
4
!
4
17
Feb 26
Dec
63
Jan
17
Aug 25
13
29% Jan
2
20
30% Jun
18
7% De e
15
14 1 May 15
61% Mar 17
Feb
15% Feb
27
Nov
45%
Jan
21% Aug 19
112%
Feb
Nov
Dec
5
20% Feb
18%
83
'Jan
22% Nov
13% May
17% May
73
Oct
Feb
Dec
8% May 27
Feb
90 %
99
7% Jun 25
24%
Dec
231/4
;
27%
,
16
74
"
May 14
23% May ,15
29% Jan
2
Nov
12'
19% Dec
8
29% Jun
3
10
95
37% Jan
104
Jan
29 =
Aug
36%
79% Oct
18
91% Jun
Jan
102
17% Nov
30
27% May 15
$3.50
May
114%
Feb
86
11
109% Oct
22
May
125
Feb
97% Feb
27
121
22
50% Mar
63
July
54 V2 Jan
27
73
Jun
15
Standard
44% July
36% Feb
13
53
Jun
16
Standard
80
69 V8 Feb
11
92% Jun
15
Standard
371/4 May
Mar
63
23%
Jan
94
Dec
July
23% Nov
105
Jan
30
35
Jun
14
89
31% Aug
14
97 ¥4 Jun
11
Oct
111% Feb
10% May
17%
Feb
4iy4
Jun
49
Feb
38
Feb 41
43% May 11
May
47
Oct
36% Nov 30
41% May 26
37
10
;15% Oct
23
$6
prior
$7
36 Va
36%
100
283/4
28 Vb
4,800
28%
28 3/s
4,400
49%
51V4
60%
*68Va
69
,
50%
Va
69
49%
413/a
39 ¥b
40 Va
59%
60
60%
60%
68%
68%
uy va
*".ova
12V4.
6%
6%
5
4%
t per share
t per share
43/4
4%
*43/4 *
*62
24
24
24%
28%
28%
28%
8%
64%
X26 Va
7¥4
<
64
26¥b
17
17%
24%
243/8
*98 Va
*98%
20¥4
21 Vb
19
24%
24 Va
24 VB
99
*98%
20 Va
85
100
100
*99%
101
; -110
111
111
110
110
66 Vs
74%
253/8
*94
100
preferred series A,
Standard Steel Spring common—1
25
95
95
2,100
99
100
22,600
86 Va
*85%
85%
18s/b
•
)
110
HO';
65%
40 3
39 y8
40 Vb
73%
733/8 <•73%
25
243/4
25 V8
19%
*99
100
:
j
310
86
18 Va
19
*99
66%
110
8,900
100
111
66 V»
66%
39%
397/8
39¥a
393/4
727/8
73%
73
73%
24%
25
243/s
25%
200'
1,C00
67%
7,900
17,000
35,500
"
12,500
*95
96%
*95¥8
96%
*95¥b
96%
96%
96%
600
14 Va
14%
14%
'14%
143/s
14%
143/4
8,600
14%
x137/B
14%
50
*40
40%
*40
40 Va
40%
40 Va
*40
No par
*37
39
*37%
38%
*36%
38
38 :
25'/a
20
111%
14
14%
25%
193/4
¥4
24%
25%
95%
25%
4,300
<983/4
65
b
15¥8
201/4
73 ¥b
■
640
15%
99
40
403/4
73 VB
7,900
62%
20
66 Vb
66%
67%
6,500
7¥a
'
62
"
99
-
19
%10
66 ¥a
65 ¥4
7 ¥4
1.400
267/b
26%
63%
100
100
233/4
25 Va
85%
183/4
19 ¥a
100
*98%
400
68
24 Va
20%
*85
85
19%
20 Va
19%
99
20%
20 3/4
10,100
43/8
15 %
-
24 V8
*983/4
!99
2,900
6
,'153/4
16
x-15 Va
85%
85
19¥8
16¥b
21
-
20%
85
*83
16%
243/,
*243/8
99
17
16Va
13
23%
7¥b
63
'
Shares
6
*63
24r%
26%
73/4
"
8
637/8
1
68
-
for
the Week
4
43/4
*233/4
27
8%
63 ¥b
64
12 3^
s
6%
-
*63 ;
24%'
64'/a
8
8%
64
68
*233/4
28 Va
273/4
8¥b
-40
Sales
$ per share
.
127/®
6
*43/B
"
*63
243/g
23 Va
per share
12%
t
43/4
*4%
68
*63
68
68
40 3/8
preferred—
'
6 Va
6
*
:
13
13
13
6,200
T.500
,
.
Dec. 17
Dec. 16
Dec. 15
6%
,
68
Friday
Thursday
Wednesday
13%
6 Va.
*66 %
16,600
<
i
PRICES
HIGH SALE
$ per share
40%
1
48%
40%
60 Va
13
6'A
737/8
(The) L S
49%
41%
60%
Dec. U
Dec. 13
39 ¥b
St'arrett Co
50
41%
Tuesday
Monday
13 ¥4
>
49 Vb
%
60 Va
34
60
.
36%
*35%
A1
4934
413/4
60 ¥a
*63¥b
3%%
1,000
2,300
V
28%
50%
110
39
28%
8 Vs
;
123/a
36%
27¥4
„
600
12%
39
123/s
:38%
Va
27¥s
24
New
convertible
i2
12%
;38%
.
53%
28 ¥b
*62
;
53%
*35%
73 %
'
55
44
*43
va
25
4%
55
"
No par
Indiana
of
2,800
7%
7%
44
27%
*4 ¥4
—No par
Of California—No par
of
5,400
73/4
33/4
33/4
7%
*40
28
Jersey——25
Standard Oil of Ohio common—10
Oil
Oil
3 '/a
3%
;
75/s
43
.
800
2878
S per share
——-No par
pref—No par
preferred
500
27¥b
41%
*13%
prior preferred—
Oil
98%
27%
38
LOW AND
com—Nopar
preferred
89
Oct
Inc
Standard G & E Co $4
81
Feb
Brands
98 Vb
28%
Dec. II
Standard
98%
27 ¥b
60 ¥b
6%.
X98 VB
38,700
20"/B
50 ¥t
•■;.
17
*"35 V2
42
*68 Va
j.
163/4
28
60 Vb
Par
17
287/a
Saturday
(AG) & Bros'Inc—_——1
Withington-i———No par
Spear & Co common...
1
$5.5o preferred—<1————No par
Spencer Kellogg & Sons—.:
1
Sperry Corp (The)--—:——:
1
Spiegel Inc common—:
:
2
Conv $4.50 preferred—7—No par
Square D Co
t~
1
5
Squibb (E R.) & Softs common
1
$4 preferred1
—NO par
163/4
37%
50%
Spalding
16 ¥b
27 ¥4
41 ¥t.
Sparks
16¥a
16%
285/B
•
t per share
20% May 20
17%
May
681/4
12% Dec
,
31% July
Sep
16% May
8
Feb
7%
14%
Va May
8
20%
May
4
340
16%
27%
28 ¥b
'
15
230
.
94 ¥b
,38%
38 Va
2,700
28
82%
94%
29
*36
*■
28
55
.
12%
1>!%
12%
x37 %
1.600
1.800
*81
3 Va
■'
*52
12 ¥b
21
24%
99 VB
33/8
*53%
21
24 Va
17 Va
*40
55%
55%
21
95%
17
x7¥b
7%
1,200
3,900
24'%.
*94 ¥4
45
34,100
283/4
P'i
*41
22 Va
126%
81%
*^4%,
45
42 ¥1
.
.
3%
33/b
3 Vs
3%
300
22 Vs
126%
81
81
4,000
263/b
35%
28¥b
27
4
4
35%
1233/4*
24%
99%
99 Va
*41
55
,
EXCHANGE
Highest
$ per share
1
98
..
5,200
26
22%
'22
17
17 %
98
NEW YORK* STOCK
;
17
7%
12%
.42
common-_No par
preferred—
100
STOCKS
Range for Previous
Lowest
17%
6,700
53/a
35%:
-16%
16 Va
17%
45%
54%
7.50
15%
3%
7¥b
.
17
5
•
4Va
373/4
5%
27
*20%
81
80
.
123%
21
28 Va
29
60
.;,
26%
.2434
24 Va
r a *
*16Va
.
98
*41
287/b
1
4
.
100
36 ¥b
5%
fr34
123%
203/4
95
.
'Z J
2271B
24%
*94%
17¥s
*3%
■
24 ¥a
4
34%'
1,800
13
*12%
'
400
9% '
9%
38
5Va
25%
123
r21.
*20
81
No par
Co
127
29 %;
*97
Mobile &' Ohio 6tock tr ctfs___100
28Vs
23 Vi
123 ¥b
13
37%
4
26%
•;
%
:«.
7
9 Va
*12%
•'
34%
•
3/4
22
203/4
95
.
*120%
233/8
247/a
Railway
July
35
20 Va
83
4 Va
27'Vs
.
9%
5'Vt'
5 Vs
36
23%
*78
38 Va
38
27%
<36
13
*12%
f
5 V4
4
24%
29 ¥4
39
5%
35
20%
25
May
22
34%
28
125%
17
25
.:
California
23 Va
*16%
South.Porto .Rico Sugar com_No par
39
36
124%
*29 VB
Southeastern Greyhound Lines_i—5
Southern Natural Gas Co
23%
12%
27 ¥s
9 Va
*9
9¥a
26¥4
25
-50
,
..*34%
36
*94%
preferred —jL—.—-—____50
78 V4
4 VB
27
27
*81%.
:
24
78 Va
27%
4%
;4 Vs
4
20%
/
37
23%
79%
•'
*24%
Co com_4.50
G
5%
*1211/2
.
,
x36%
24%
40 V*
5Vt
23 Vs
Platinum—1—1
&
39%
*34%
«'
377/a
1234
5%
4,000
5%
36%
9%
40%
17,600
10
*98 ¥4
5%
*233/4
13
*12%
39
9¥s
10
100
38 ¥4
39 Va
7
10
277/a
9¥b
*6V»
loo
x27%
*78
.
;'"
i
9 3/4
*5%
I
'28%
■
18
*9874
'
5%
10
100
28%
89'/2
7,700
18 %
93/4
24%,
9%
13
26 ¥4
par
15
Sojvay American Cqrp 4%, pfd—100
South
17
.
—100
t,
—,
140
83%
*82%
543/8
38%
9%
5%
Soeony Vacuum Oil Co Inc__
South
3714 May
.
—
22
Feb
;
Smith (A.) & Sons Carpet Co com—20
3 Va %
preferred —
———1100
4.20%
140
4,500
123/4 /
-.16%
97/8
*9d
39%
.
(A 0)'Corp__10
May 17
5
1
Skelly Oil Co-—
•———;._15
Sloss-Sheffield Steel & Iron——20
8% Oct
39
36
104% J UP
"
.-Nonpar ;
t
12 S/8
*533/4
39 V4
37%
9¥a
*12,%
1
Simonds Saw & Steel—.1—No par
Sinclair Oil Corp
900
„
88 3/4
16%
9s/a
28 VA
*78
79%
9%
,
—'—No par
—-
47
92
*88
"
2.400
18,400
•
54 Va'
.38 ¥4
24
24
*77%
Coalition Mines—*i___5
Co__
'
83%
18
10
37
37%
*23'/a
:
15
4
,52
Nov
42
„
9
Co_-_4—;
Pep
Oil
Corp of America—
Dec
Nov
4
A)
(W
'
92
,
,
123/4
*82%
39
28
"•27¥4
-—No par
Corp-:
(Frank
Union
Sheraton
■
pref series A—No par
G)
-—:
Nopar
conv
46% Jun
1
15
Dec
23
$3.50
Shafctuck
Sheaffer
•34% Dec
Dec
117%
Mar
15
,
Feb
18'/s
May
2
'26
Jan
51
Apr
15
15 Va Jan
28% Feb
Feb
6%
Apr
78% Dec
14
i 5
Feb
91/2
6% May
4
271/2 May
25
12
Feb
35 %
Dec
241/4 May
Feb
9 % Dec
68
*
Steel
12%
:*6¥a
7Vt
5%
100
36%
Sharp & Dohme common—i_No par
Jan
Feb
.88
88
*46
92
10
10
.99
•27%
1
GasJ—
24% May
18
47
*90%
38 %
.
'55/b.,-
53/a.
10
preferred ———„„-No par 7
Oil
30
43
16 ¥4
99
common--—1
Shamrock
293/4
16 34
54
*53
54%
*53
5%
*5,Va
(
s
"
30%
29%
19 ¥s
*53
\
83 Va
54%
Cp
12
12%:
,
*88 Vs
*.167/8
&
12
270
82
12
47
29 ¥b
*81
12
1
14.700
'8%
81
29%
30 VB
'
88
121/4
90
8 ¥4.
87/a
8 3/4
2934
30¥4
118
*87
■
81
12
*53Vb
1
—---
Roebuck
8¥b
81
12
.
Finance Co—
Seaboard Oil Co
90
*110
90
.
13,500
2,800
39%
38 Va
39 %:■
118
123/8
83 '/a
Seagrave ;Corp
'39%
*87
81%
.205/8
vtp
Nopar
series A—100
5% -preferred
11%."'"
'
Seaboard Air-Line com
Seaboard
11 VB
>110
8 ¥4
2,800
12 VB
91
9
310
.
48%,
118
'
<
48%
*87
12
*82%
i
■'
3934
39 ¥4
111%
48%
.'11%
•
81
.*20%
100
—.——
.12
.
7,700
163/4
16%
48%
.
*111
8%
x
preferred
"
11V4
1,300
2,1C0
9
*111
111%
900
2,400
54 Va
8¥b
16%
111
118
81
'12%,
89%
*88¥4 / 89%
,
Eberc
•••
9/
;
40
39%
82
*46
92
12
*87
30 3/8
*89% *
11%
-
90
l23/8
30
;
48%
49
*111
*81%
121/4
Schenley Distillers Corp
4.75
Scott Paper Co common—No par
$3.40 preferred __No par
48 Va
48 ¥4
118
87/a
82
111V4
40%
;
*87
8%
*81Va
;
40
90
*87,
12Va
*111
118
16%
*1103/4
49%
12 Vb
:.39¥s
39.
*111.
12 VA
Seiberling Rubber Cp
Feb
110
t C—Nopar
16 V8
111V4
600
*;
.
183/4
54%
'
16%
16 VB '
16¥b
ll0¥4
111%.
49
.
12 ¥b
12
series A—_—:_100
4.40%
8% May 15
14% Jun, 1
16'A
16%
49 Vr' 49%
Savage Arms Corp__———,2—5
14
Dec
Dec
4
16%
111%
.
preferred———100
non-cum
Seeger Refrigerator
10 y8 May
101
43% Nov
16%
H0¥4
Regis Paper Co common——2—5
12% July 12
Feb
6%
6
25
10o
-—'—10
+
15'
16 %■
Oct
11
14
59% May
•('8% Oct
Lead
—
..Preferred series A 5% vte—100
Ry;Co—100
i
liy4 May
_7-——;
St Louis Southwestern
16
13% May 2T-
7% May
80
'
preferred
61% Jun
11
.Jan
5%
16
16 ¥4
16%
*110%
Safeway Stores common—--—5
Juil
113
500
5,500
,
25
..•
18%
8%
.
18,100
1,700
,
20%': 20%
■
.
18%'
54 %
54%
,
25
.
20%
18 Va
•'
16 *10%
.
..
"
X20
,
20 3/4
S¥a
■
27%
20 ¥4
56
3,000
26%
*20Va
•185/8
40
1,000
173/4
*20 VB
*26
*54%
9%
'
17%
20 ¥»
26¥4
18%
'
441/4
27 VB
•20¥b
*26
2,lu0 '
15,600
>,
-"84%
■26%'
203/4
10 ¥a
26%
,10%.
90.
34%
17%,
5%
I
,
17%
.
2,000.
,
84
,
lOVa
■' 53/8
22,900
21%
*43
44 VV
»•
.•
21
*20'/b
333/4
34 •■¥
44 %
Shares
6%,v
0
84
84 %
,17%
[
for
Sales
the "Week
r102
*100
/
6%
33%,
...
44% V'
.
5
,*20¥b
•
100*
•
<:
^,
share
4¥a-
21
-
6%."
*20% '
5
——
1
100
:
33%
17%
.
277/8
5¥a
V
V
'21
y
5%
5%
>
44VA
84%
tpe
5
,
*26
25
Royal Typewriter „L—i——y
1
Ruberoid Co (The)-,;--—No par
(Jacoh)
2,7%*
21
33 Vb
;
.
18
'
'.
;•
f. '
33%
-
5
•■.v,.',
Dec. 17
•
t per share
100 .
63/8
,,
Dec. 16
21
*
6%'.
83 ¥4
83 ¥4
*44
■
,■
Friday
Thursday
w.
5 Va
45.
34'%
85%
r
,,
„
^
t
share
•
21
.100
6V2
33%
33 ¥b
•44%
par
preferred^——y
102 Va
'
44 ¥4
34
>
-
-
'
5
•
x21
t
237/»
.*100
VA V 85%
18 V4
Ronson Art Metal Wks lnc________2
Ruppert
101%
6 Va
6%
33 ¥4
M3
Robertshaw-Fulton Controls com__l
conv
101%
103
'
Antelope Copper Mines
4%%
24%
Dec. 15"
t per
5 Va
x23%
247/a
24 Va
■
5
5VB
5:
•
,$ ver share
f per share
5%
1"
Dec. J 4
-
par
Ritter Company
Roan
..
6%
1
Corp_l~j.__!—No
Oil-
•
401%
lo
Series
3.60%
Rheem Manufacturing Co__—
24% May 18
Feb
5
24 Ve
100
—y
Dec. 13
$ pet share
•.
—
Feb
6% Feb
19%
104% Jan
Feb
25%
23% May
18
Pat
u—,-.——2.50
Reynolds Metals Co com
_.4Jo par
5Va# convertible preferred—v-100
Reynolds Spring
—1
Reynolds (R J) Tob class B
_10
Dec
Apr
5%
17
Dec
V
Dee. 11
Rexali Drug Inc
May 15
29 % Apr 22
.^Tuesday
Monday
Saturday
share
8
44 Va
104
Dec
13%
YORK STOCK
EXCHANGE
NEW
'•
50%
Mar"
19
9
.Mar 19
92
Feb
16%
36% May
85
J$n
124
May
45
17
4% Dec
May
I per
t per share
I per share
t per tJiare
.
Lowest
1
HIGH SALE PRICES
Wednesday
LOW AND
STOCKS
Range for Previous
Monday, December 20, .1948
FINANCIAL .CHRONICLE
&
;
*40
4oy4
377/a
f 37
*40
40¥4
37
39
'
.-
41
100
37
200
"
•
12
May
34
Dec
88
Dec
30V4
18
Jan
11% Mar
49
Jan
32% Mar 12
39 Va Jun
8
88;
10
97
7
104% Mar
6
Feb
15% May
•
Jun
fcl
Sterchi
Bros
Stores
Nov
36%
Oct
23% Dec
16
36 Va May ?1
19%
Feb
12 % Feb
'11
16% May 26
Stewart-Warner
14% May
,
9%
'15 Vb
17
18
Jan
2
17
20
Jan
8
Stokley-Van Camp Inc common—1
5% prior preferred————'
20
10% May
17
Feb
11% Jan
6
18 Va
July
1
Stone &
16
25 Va
Feb
16 Vb Mar 16
10i/8 May
105
July
51
May
114
Dec
.15%
6
Feb
109%
Apr
751/2 Mar
125
Va Nov 30
91 Va Dec '
9
50% Mar 19
113% Jan
Oct
31
11% Jan
7
98% May 25
•70% Nov 24
120
July
1
32% May
8% May
17%' May
101%
12%
45%
24 Va
Jan
160
47
14%
For
Jan
Jan
21%
footnores
see
26% Jun
2
1
140
Mar
11
1
21
4%%
28 VA Jun
9
Jun
17
235
•
jv
24
23 3/4
23%
23 ¥4
23%
8,800
l33/»
133/B
12%
13%
12%
13%
10
'
10 Va
10
10%
X93/4
9%
9'Va
5,300
7,900
15%
15%
15%
1?¥B
153/,
xl 5%
13%
15 V8
14
23 VB
xl3 Va
13%
13%
13%
133/B
13%
13%
22
22%
22 Vb
22¥a
22
22
6 3/4
67/a
6%
x6%
6%
6%
6%
6%
9%' '
15 Vs
1,200
13Va
%
13%
5,900
22
13%
225/a
22%
29,000
6%
6%
6%
4,800
*
*91%
93
1
62 ¥a
*62
*115¥4
116
93
*91%
62
116
*1153/4
*1153/4
*92
*92
x92
92
62
*61%
62
61%
116
*1153/4
116
US3/,
1153/4
62
62
;
93
*91 VB
93
93
10
,
61%
62
*1153/4
613/4
116
5,100
10
1
ll3/a
11%
11 ¥B-
113/4
ll3/8
11%
11%
11%
11%
11%
11
11%
12,100
25
*17%
18%
17%
18
17%
17%
173/4
173/4
17%
17s/8
17%
175/s
3,500
series B__——25
Inci
——12.50
'19% '
193/a
19%
19%
19¥4 '
193/8
19%
19%
19%
38 Va
377/a
37%
37%
31 va
37%
37%
373/4
19%
373/4
19 VB
*373/4
37%
375/8
1,000
10c
9¥b
93/b
9 3/8
9¥a
9%
9%
9%
9%
9%
9%
3,400
23 Va
23%
233/4
233/4
23%
9%
23%
23%
23%
1,300
Co
(The)
—_Nopar^
Superior Oil of California—
25
14'
Feb
11
'19% Jun
9
Dec
16
44% Jun
14'
Sutherland
8% Nov
10
46% Jan
19
Sweets Co of Amprica /The)__4.16%
Superior
23 Vb
n
10 va
24%
-
13 S/8
100
1,300
4,500
92%
93/4
133%
-■
22 VB
6¥b
13 ¥b
35
*91
92%
13s/b
Superheater Co
Biscuits
343/4
'
213/s
pfd
preferred
Sunshine Mining
13%
34 y*
13%
34¥a
*90%
13%
Sunray Oil Corp common.
4Vi%
preferred series A—
Sunshine
-
213/a
Chemical Corp common
1
$4.50 series A preferred^
No par
Sun Oil Co common.—'
,_No par
July 13
11% Mar 31
43
24'%
92Va
1
Sun
Class A 4% %
343/4 *"
13
13%
34¥B
*90 Va
13 Vs
*89 '
i—No par
(The)_
33
•
Mar
Oct
30
18% Feb
Oct
Feb
15% May 24
9
21% JUn
9% Mar
Dec
24%
11
34% Mar
,
13% Mar
May
May
13
36
Sep
17
19 Va Nov
Jan
9V8 Feb
17% Dec
7%
Webster—:.
Studebaker Corp
■
*153/4
' 9Va
*153/4
9% Dec
-
13%
34%
3434
35
93
92 Va
*13
13%
■
24%
133/8
15 Ve Dec
15
13
343/4
*90
24%
Oct
29% Jun
V
12S/8
34% '
93
133/8
Jan
May
,
.24%
24%
Jun
•
5
Corp
21%
191/4
34¥4
*91
•
15
Steveps (J P) & Co Inc_
13% May
? 12S/8
1
Inc
Sterling Drug Inc common
.—5
3%%
preferred—
——100
Stee\ Corp.—„„50
Paper Co-^j.-^,,
—_10-
19s/b
165
165
153/8
9%
153/8
36
*35
>
9%
*169
X143/8
34
*83/4
175
143/a
169
169
169
<
24%
171
*169
15
33%
9
*233/4.
9
14%
143/4
333/8
*14%
35
9%
24
-
33 ¥4
34
r.
8%
B¥a
*14%
33
<
8%
9%
23%
171
-
*167
171
14¥B
143/a
143/s
333/8
33
33
8%
9 VB
9%
7,700
500
900
1,300
2,200
Volume 168
Number 4761
THE
COMMERCIAL
NEW
Range for Previous
Range since Jan. 1
NEW
'
Lowest
Highest
4 per share
$ per share
305/s
Jun
Dec
27%
18%
Dec
797/8
Dec
28% Dec
10 %
YORK
1
36% Jan
-22
-
17 Ye Feb '27
Swift & Co
Swift
3
*3
Jun
.——25
International
Ltd—
Sylvania Elec Prod Inc
Aug 13
7% May 18
-7%
Jan
20 Va
Aug
53%
9% Mar 16
68% July
10 Ye
Sep
$4
preferred
Symington
Jan
24
Dec
58"%
46% May
3% Feb
11% May 21
Nov
Nov
5% Jun
com__No pat
—No par
1_
67
Jun
:
9
5
Texas
15
10
25% May
Feb
13
71'A July 12
Texas
Gulf
10
25
Texas
Pacific Coal & Oil
Texas
8
Gulf
26
Texas
15%
Jan
34%
29
Dec
Feb
10
41
Jan
58%
Feb
45% Feb
Dec
15%
Dec
10% Dec
Dec
19 %
Dec
xl4% Dec
65% May 24
20% May 24
17
13 '/a
9
Sub
Text'ron
24
Dec
21%
41
Dec
59%
Feb
27
May
17%
Feb
13%: Feb
12% Apr 15
5% Dec' 15
15% May 21
10% May 15
60%
35
47% Jan
9% May
45
Dec
6% Aug
16% Jan
Feb
5% Nov 30
Feb
14%
Feb
24%
Sep
16%
59%
Dec
106
3% May
Apr
7% Oct
20
May
39%
25%
Dec
108%
21%
Oct
10% May
13.% May
22%
May
20%
Nov
5
% May
•7%
17
Jan
14
95%
Feb
15%
Jan
Jan
10
Dec
10
5
5% Feb
Nov
11
-
May 21
13% Jan.
7
22% Mar 11
23% Apr 11
10% May 15
107% July 22'
89
Dec
112%
Feb
12%
Dec
15%
Nov
12% Mar 16
21%
Dec
38%
Jan
17% July 30
19% Aug
5
25% Mar 31
31% Dec
17
36% Jan
92
27
100% Jun
Jan
93
Dec
104
Jun
7
Dec
16
Feb
30
Nov
51%
Feb
9% May
12
17%
Dec
Oct
58%
May
Jan
2
15
Underwood
15
Union
39% May 26
12
,
43'A Nov
103
Oct
28
110
91
Feb
9
98
80
*
25%
Dec
11
110
Dec
10
27
'51% July
41% Jun
2
22% Dec
Sep
1
103% Nov
29
15%
Dec
28%
Dec
120%
Apr
57% Nov 30
Sep
24%
Nov
19
Apr
9% Nov
24
35
Dec
27% Feb
26%
Jan
33 %
Nov
29
3 %
Dec
8%
Feb
Dec
83
Dec
Dec
Dec
10
Dec
95
11% May
19%
May
43%
United
Board &
20
* Feb
5
38% Dec
36
55
11
3% May 15
47% May 20
9
15
16% Feb
24'A
13
Jan
9
5
May 27
82% Apr
Lines
United
Carbon
United-Carr
Unite
$3
28% Jun
3
United
10%
14%
6,200
15
14%
15
14%
15
15
15
15
15%
2,000
■;
6%
6%
6%
27%
12%
12%
27%
12%
6 Ye
5%
5%
.6
35%
35%
42%
43
X46 %
42%
46%
42%
*46iA
3,600
47
900
5%
5%
5%
5 3/4
6%
6%
6%
20 %
19%
19%
7%
*7%
8%
*7%
4414
44%
44
44'A
44 V4
87
86
87%
3%
28
3%
3%
28
3%
28
23%
*27
23%
102
102
23
18
41%
42%
10 %
11%.
10 V4
11%
7%
26V2
6%
43 J/a
87
86%
86 %
86 Va
3%
28
3 J/2
28%
3%
23
27
23
23%
101 %
3'/a
(
30
3,600
800
23'/a
233/8
11,200
102 J/a
23 >/4
102%
-
101%
102%
■18%
177/n
18
18
18%
3,100
43
41
42
40%
41
40'/a
40%
4,800
10%
10%
10%
10%
10%
10%
10%
10 3/4
*16'A
16%
*16»A
16%
10%
10%
10%
11
10%
10%
1"
17
7%
102 J/a
x7
7%
*99
99%
13%
14
19
19 Va
18 Va
18%
I8J/2
18%
32
32
31%
99
*98
99
99
99 Va
.
14
5%
Va
5%.
26
6%
26
6%
'9%
*9 Va
18,-100
14
2,100
■18%
19
15,700
31%
31%
99
99
51/a
26
6
9%
7%
100
13%
'
5'A
26
6%
6,900
3,400
99%
5%
;
v
99
*98
5%
*25
6%
9%
31%
99
5Va
26
6%
9%
31%
*98
5%
lYe
190
31%
'
28
263/4
6%
9%
1,300
200
'2,800
27
6'A
9%
350
5%
120
6%
42
9%
42
41%
41%
41
41%
40 %
41%
12%
12%
12%
12%
12%
*12V4
12%
m
12%
29%
40'/a
,40%
3,300
9%
41%
13
29%
40%
*103
30
30
40%
95
*90
95
*83
84
*83
29%
30Va
40%
103
*
106%
*90
30
407/a
40
106 '/a
*106
107
*90
95
*90
85
*90
95
-
84
84
84
84 V4
29%
29 Va
29%
29
23%
24%
24%
24%
106%
1061a
*106
107 Va
29 3A
106
Va
29 Va
29 J/2
800
3%
29%
29
18
7%
9%
600
87
*27
1,100
431/2
41%
40%
83%.
43%
*12%
-
106 % ;
*.47JA.
43%
14
6%
13
29%
400
1,500
44 %
32
*26
9%
83/4
99%
5%.
-
6%
19%
*7%
7%
31%
*97
5 'A
6%
19%
8
*86%
3Va
!C2
7%
19%
32%
6%
19%
•
14
19%
99
6%
8
10%
14%
19%
870
19%
10%
99
14%
35
6%
<8
99 Va
98'Va
14%
l/a
35
2,300
20 Va
14%
99
800
5%
18%
7%
7%
720
13
6%
*16%
17
*16%
35
4,900
27%
42
y
10%
11%
17
35
27%
18 Va
18 %
41%
28
20%
,
23%
*101
,
18
*27%
35 Va
35
7%
23%-
40%
'
*123/4
6%
102%
30
100
12%
5%
35 Va
6
5%
12%
*19%
28
6%
12%
20%
*86
6'%
28
12%
8%
*105 %
6 Va
6 Va
28
6%
.
42%
'
35
5
84'A
29%
30%
3,800
40%
40%
19,800
*106
107
95
*90
95
85
28%
:
29 %
40%
106 Va
900
3,500 i
600 l'
*85
85%
"90
29%
10,900
29%
28%
'
30
86
88
87
87 Va
86%
87
4,400
47 %
48
48
48%
48%
48%
1,900
34%
35%
35%
*35%
35%
35%
35%
700
23%
"
86%
47%
34%
*
87
4 7%
"
23%
23%
24
23%
23%
23%
23%
8,200
106%
106%
*
1'P«
IP"
*106
10
11%
11%
11%
106%
200
11%
11%
11%
10%
11%
10%
11
61%
61%
19 %
63
64
10%
10%
62%
63
61
22,009
62%
61%
62
61 %
62
2,500
19%
19%
19%
19%
19%
20
19%
19%
2-600
36%
2914
2%"
214
/
;
*5%
23
United
Gas
United
Merch
Improvement Co.—13%
Inc—
7%
8
36
36%
29%
29%
29%
2%
2%
41%
*7%
36
2%
42 Va
*29%
42 Va
7%
1,900
36
7,000
31
2%
100
2%
12,000
44%
680
2%
2%
2%
2 %
2%
'2%
2%
2%
41%
2%
40%
29,400
40%
40 Va
40%
40%
40%
40%
5%
40%
*5%
5%
2,700
*5 %
5 Va
61%
5%
5%
fi"60 %
61%
*60%
61%
*5%
*
60 %
61%
60 Va
61%
20
21%
21%
21%
21%
21%
21%
21%
21%
6,300
38%
1,300
7,900
s
"
22
O
'/2
43
*
100
4114
40%
40%
40%
41
40 *
'ill 78
39
53
52 Va
52%
39%
52%
53%
53
5'>%
52 Va
531/4
52 Va
52 Va
19
19%
12'A
19 V4
19%
12%
10,000
19 Ye
19
,
19 Va
19
19 Va
19
19 Va
1214
12 Va
12%
12%
12%
12
12'/a
11%
■
*38
Range for Previous
STOCKS
Year 1947
Lowest
15% May
91
Dec
106
12% May
May
Dec
13%
20%
107%
t
Dec
Lowest
NEW
%
Highest
$ per share
Oct
16% Feb
27
Jan
89
Feb
20
Oct
15% Feb
11
32% May 15
101
Jun
24 %
11
113% Jun'
196% Mar
9
166% Oct
18
179
8% Nov
71%
Dec
94
Feb
60
Dec
37
15
Dec
53%
Feb
21
Nov
24
42% Jan
5% May
Jan
16%
Jan
9%
35
Dec
May
9%
39%
24%
10
Oct
4 % Dec
9
17% Dec
11
Oct
11% Sep 21
7% Dec 17
Apr
46%
Oct
Dec
73
May
39
Jan
39% Feb
Feb
23 %
Dec
%
Dec
103% July
■60% Feb
127%
Dec
165
40
38% May
67
Feb
51% July
Dec
81
Feb
61% May
80
Dec
Dec
150
Mar
Nov
23
Feb
133
xl7%
38
Dec
48%
5
Jan
8%
8
Jan
Feb
49
-v
12%
13
30
86
Dec
6
37% Dec
10
122% Dec
'9
37% Nov 30
63 % Dec
1
67% Mar 17
129% Mar 16
17% Feb
37
109%
Jun>
Dec "
10%
16
DecV
May
■4% May
20
Dec
163%
Dec
52
Nov
10
5
4
% Mar 16
3% Feb 11
Feb,
Dec 1
5%
16
Jan
23 Ye Nov
Oct,
96%
X33%
5
Nov
46%
92
U
€6% Dec 1 14
Jan
3
Nov- 30
8% Jan
36
58
July 9
\37% May 21
.
1
Apr 21
87% Oct 23
140% Jun 24
8
42% May 20
6% May 21
Sep 122
34
Jan
21'
16
Feb
20
Jun
17
23%
10% Jun
Deer
11
Mar
Feb(17
150
Feb
6
13%
Dec
29%
Feb
56%
Dec
7% Dec
7
91 Ye
Feb
43 % Dec
14
&
U
S
3%%
U S
S
23% Jun
170
8
May 22
15% May 21
70
May 20
101%
101J/4
171%
173
173
4%
12%
12%-
_____1
12%;
..
..10
_.
*7%
20
47
..——100
39
66
71%
72%
100
136.
com.:
non-c
-
18%
38%
.
2d pfd—5
10
'
Universal Laboratories Jnc—.__—l
Universal Leaf Tobacco com.Nopaf1'
100
Pictures
Co
Inc
com
preferred
—
:1
*155
j
44
Norman
Raalte
84
Nov
94% Feb
29 % Jan
Vick
Chemiofll
'Co.^Li—__^2(50
85%
Nov
Vicks
Shreve &
Pacific Ry com. 100
13 1
*20%
*86 '
non-cum
preferred—...—100
*86
-Jan
86
Feb
13
95
Jun
28-.-
4
Vanadium Corp of America .^No-par
___:a.50
10,
Vertientes-Camagyey Sugar Co_T6J/2^
5%
3 Va
5%
20 V*
*155
7%
•■
44
43%
21%
.
22V4
21%
10 \
*22%
10'
23Va
*22'A
.
13...
9%
.
20Va "'"--
*9%
3%
,
12%v
"^0%
5'A
20 %
160'
44
21 Va
'22%
13Va
'29Va
12%
12%
2,300
100
22'A
5,100
4%
1,400
18%
1,600
12%
5,900
7%
44'/a
3'Se
1,200
55
86%
87
88
39%
38%
39 J/a
39%
66
70 Va
135%
18 Va
4%
3
::.,*'5.''
..,,*20
71%
6,900
400
800
18%
18 %
39
*4%
8%
*85
3 Va
23%
'
3
4,400
250
4%
100
8%
3,400
90
100
3
6,700
23%
*23%
23%
17%
5
28,500
136
38
89
*17
5%
65
18'A
4%
18%
43
70%
135%
10 Va
3
23%
,
136
*4%
*'84
3%
2Mb
41%
*9%
9%
280
1,420
65
71%
4,300
11,600
124
39
*38
87
23%
122%
41
*64%
39.
*17
*18 %
19%
4%
5
300
100
5
1,$00
20
400
20
20
156 Va
*155
159
157
30
■7%
43%
-
20%
156 %
9%
7%
7%
7%
7%
8
9,500
43%
43'A
43%
43%
44
650
*20%
21%
21
21
21
21-
,
,9%
.
9%
22'A
22 Va
-
1(2%
'20%'
20% '
20 Va
•
70
8%
60
23 Ve
:
18%
*38
'4%
44
214
175
38%
136'/a
X9%
20%
.
300
1,200
24%
71%
66
*84
23%
9%
*22 '
-22 V4
9%
5
'•7%
43%
170
102
86
■
1
157
7%
23%
39%
18,Va
'
39
3%
X157
11,200
18
"7%
*54
123
*136 Va
17%
20%
'
124%
122 3A
71%
:,5%
.8V4
23
'3
28%-'
*1'6%
39 3/a
38%
10%
-86%
86%
;
18%
v
-
22%
96
44%
9
88V2
*65
18%
;
*4%
-
-
24'A
'
8
,
Van
see -page-
5
10%
88
39 V4
18'A
12%
55
2'4%
124
'66
*38
v
*17
160''
7%
Van
:
39
*23%-
-
521%'
*2014
100
Inc.——
18%
-
4%
*18
45
*54
38%
-
136 Va
10 Va--
3%
15% May 17
Co
136%
*4%-
18%
"26% May 21
15% May 21
to
137%
*7%
45
55
*■86 %
;
72%
38%
9
45
24%
39%;
*65'
■
Shares
"
124 J/a
71%
*86%-
2414'
18%
5
t
preferred
r3%
*7'/a
45
*54%
■86
38%
72%
*38
10%
*2314
1
12%
66
18 Va
"
5
88%
preferred.—.50
12%
40
*136
38'%-
>
13
66
18%
'f *86%
[
12%
21%
43A
18%
72 Va
-
22 Ye
45/s
18%
39'A
■-
21%
4%
243A
86
.
8'/a
*57%
183/a
45%
24 J/4
397/a
22'A
8%
61
*4%
55
124 Va
'
16
94
136
*4%
Universal-Cyclops Steel 'Corp^si—_1
8%
88%
'38%
124
39
66
No par
1
*86%
38%
*58
18 %
9
45%
24%
21%
8%
-
102
*171%
■12 %
*54
•
81/a
'62%
2P/4
175
4%
*73/,
46%
57%
-24V4
123%
50
.
'
88 %
38%
20% Jan
For footnotes
24%
12314
12% May
26% Dec
6
46%
*55
So
com
...
common.
9
Va
*171'A
18 J/4
,
'
preferred—.100
& Min
47
*8614
10
common..
*7%
58
24%
v
12%
9
*55i
10
...
12%
8
60
23 Va
22%
18'A
-_v._Nn.par
-7%
non-cuih
preferred.:
25
United Stockyards
Corp-_T.v.^r..__^l
414%
23%
4%
1st
Tobacco Co
Universal
8%
65
18 Va
10
May 28
23 Va
"
conv
8 Va
>62 '/a
4Va
preferred
4%
8%
65
18%
13
94
*l621/a
4%
14% Feh
21
8%
65
23%
9% Dec
'21% Feb
Feb
" 8%
23
Feb
86
102%
101%
173 Va
Feb
Feb
101 %
101%
173 Va
18%
39
101%
173
101 Va
22
1214 July 19
•'; 19 % Dec:
9
*17%
174
13% May
14% Dec
27% Oct 16
18%
17%
preferred
7%
U S
Co
Corp
*94
*17%
4%
pfd series A...
Steel
94
17%
17%
Smelting Ref
7%
U
21%
x94 '
-17'/a
102 %
Cor.p common——1
non-cum
X213/a
93%
17%
No par
Foundry
Rubber
S
8%
22%
93 J/a
17%
22%
*93'/a
No par
common
Plywood
22 J/4
94
18%
common.
Playing Card Co.
S
24'A
94
class A
preferred
Pipe &
U S
U
Co
conv
Lines 'Co
23%
for
the Week
$ per share
*18
24%
Sales
Dec. 17
S per share
*93 Va
*101
"8%
Leather
Friday
Dec. 16
$ per share
*17114
No par
Thursday
Dec. 15
1
-
24
.,1814
*62%
S
S
Wednesday
f
Dec. 14
$ per share
.20 -'
5
Com
Industrial Chemicals
4% %
U
Machinery
Tuesday
,
$ per share
94
preferred.—.—100
S
Dec. 13
100
h
j
23%
94
*17%
.
/
Monday
Dec. 11
;
$ per share
par
$6
conv
preferred——~_-_-_-_No par
United Wall Paper Inc-common.—2
23
,,
par
United Stores $4.20
9
6% Jun 15
Feb
192
•;
.No par
12%' May 26
Feb
19
■
98% Jun
Feb'.
13
U
72
19% Jan
Hoffman
s
414%
7
"49% May 15
,137% Jail 13
58% Jun
preferred
Partic
11%
Mar 16
U
U
_
May
Foreign Securities
1st preferred..
No
Freight Co
___No
Gypsum- Co common..__i
S
7%
Jan
21% Jan
9% May 20
53 % July 13
94
&
S
U S
U
22
4
Saturday
>
,
$4.50
U
2
Jun
17 % May 14
76
Jun
25%
t,
Par
9
May 15
.92% Feb
Jan
LOW AND HIGH SALE PRICES
STOCK
$ per share
Feb
33%
YORK
EXCHANGE
..
•
$ per share
23%
86
171
Range since Jan. 1
Highest
4 per share
*
2.600
11%
Va
12%
-
7%
36%
30%
2%
'
19 %
1
i-
36 V2
*29
2%
41 Ye
3
41
7%
.
38
*5%
21%
52%
3
41%
'
22
*40%
*28%
40%
214
5%
*60 Va
.5
7%
35%
29%
I
'
41%
2%
61
No par
Co
2%
41%
21%
5
Fruit
3
4114
'
7%
38Va
61
:
Engineering & Foundry
8%
38
*28%
4114
41
.
19%
*7%
37%
4114
—5
19%
'
8
*2814
par
Cos
8
•
■
No par
—x
-19 %
;
10
Corp..No
Mf-rs
10%
28%
*9%
^1
&
10%
34%
United
9
10%
34%
58% May 17
11% Dec
Feb
10%
47%
10
May 24
21% May 26
43 %
47
10%
86'AV
United
13
42
47
1114
8S
11
Dec
43%
48
10%
47%
46% Jun
19
43
48
11%
86'A '
21
.Feb
7,500
48 Va
47%
34%
48
Jan
543A
11%
*12%
Stores: com—30c
Coal
*47
34%
Corp.
—
Electric
44 %
*42
Corp common..
1
i—*.
100
preferred
43
6%
i.—__a.N6 par
preference
7%
10,900
54 Ye
-
100
Co.
United Dyewood
23%
*25%
$3.50 convertible preferred____10o
United Corp common..!
22
23%
12%
5
50
common.
Carton
Fastener
23%
No par
.
—.
Cig-Whelan
23%
6%
27%
*97
25
common
Inc.
preferred
24
6%
,*31'/2
par
:
37% Jan
59% July
Dec
7
14
26
Jan
13
July
5% July 15
Dec
4% Feb
20
19%
2
•41% Dec
44%
12% May
Biscuit' Co
15% Jan
Air
.4%%
23%
18%
;•
5:
preferred—
United
"60% Nov
Jan
convertible
24%
12%
99
_No par
—
Corp
United
Feb
Oct
5%
Aircraft
3,700
23%
*1414
.
com—__50
:
25
Jan
%
United
Co
24'A
11
1
^Nb
Co
preferred
Car
23% Oct
2% Feb
53 % Mar
5%
65V2
33
'41
Jan
Tank
19% Apr -2
90% Mar 22
2% Nov 30
Jan
4%
30% May 19
110% Jun
3
RR
non-cum
23%
1014
50;
California-^
Pacific
4Vo
16 3/4
633A
15>/a
*1614
7%
.
series
Union
16%
63'A
4114
5
$3.50
Union
16%
64 '/a
11
23%
1
Preferred
16
7'% Dec
Jun
1
16%
63%
17%
series..-—No par
Union. Oil 'Of
54%
17
64 %
48%
*102
par'
$3.70
22.
Jan
28%
2%
1
-5
■Preferred
8
26
6
54'A
16%
64 Va
2814
com..No par
—
700
1,000
18,100
17
" .314
com__No par;,
Rubber
300
4
16
43%
*2714
No par
_
&
4
16
6514
314
(The)
^Corp
10%
'/a
15%
16%
6%
Un El Co of MO pfd $4.50 ser__No
par
24
31% Jan
Feb
18%
50
Jan
Corp
4
'55'A
1
Asbestos
*9%
10
54 %
*19%
*7%
No par
Co
*4
64%
85%
preferred—
10
4V'8
17'A
65%
common,.
10%
4
65%
44'A
No
*10
4%
17
5%
Bag iw Paper
>
'No par
Union 'Carbide & Carbon——No
par
-.7
38% July
96% July
75
41
90
Jun
45% Sep
38%
16% May
102
4
% Feb
8
79% Nov
~~y
May
Nov
21
1
Jun
*
Udylite
10V4
*4
64
,
35%
Union
Sep
Dec
30
Coach
12
27% Feb .11
Jun
II
Twin
*9%
...
4
17%
574
Co——
prior
c>nv
16 Ye Jun
Mar
27
;5%-
.10
4
24%
35 %
No par
City Rap Transit'
j
290
2,700•:
"
preferred.——No par
prior, preferred
No par'
$4.50
Twin
X10
*6Ye
conv
59% Jun
115
Apr
$1.50
5
64
,
100
:
Coal
4%
55%
com..No par
Centtrr.y Fox Film
4%
4%
4%
4%
55
44 V4
Axle——.
preferred
20th
16
106%
20
$6
Truax-Tiaei
4%
4%
55%
No par
:
Tri-Continentfil Corp
10.300
81%
27%
15
Bearing
23%
81V2
*12%
.
Transamerica Corp
2
Transcont'l & Western Air Inc
5
Transue & Williams Steel
No par*
17
Dec
104
Roller
9% Mar 16
Oct
Dec
Detroit
Timken
23%
81 Va
55 %
1
preferred—
19,700
23%
55%
50
$3.75 ' preferred.!
Timken
9% Dec
'
85
5
5
Tide Water Associated Oil
com—10
Jan .21
14% Jan
Dec
91%
'
32%
24
37 Ye Nov
105
8% May 27
cum
9%
23%
X81%
15%
*14%
r
Avenue Transit Corp__No
par
Thomas Steel Co1 (The)
,
_1
$3.50
9%
24
82
16%
10%
No par
preferred..:
Thompson-Starrett Co
>
4,600
82
*15%
*46%
common
preferred—J
i
Shares
23%
15%
24
Third
4%
the Week
29 Va
24%
15%
100
com
28%
83 y4
23%
*82
5
10
9%
Sales
i per share
29%
9%
16
50c
Thompson (J R)
Thompson Products
10
29%
9%
15%
43
No par
preference-
conv
4%
4%
16%
No par
40% Dec
Jan
37%
'2
17
'
Feb
15%
Jan
Jun
6% Nov
15% July
43% May
9 Va May
25 %
24
.
5
4% Dec
'
,
Nov
Co
.
div
83%
*
preferred
conv
Fair
$2%
11
48
96
Ry
24%
82%
29%
29
Friday
,Dec. 17
Dec. 1;0
15%
64
^
1
.
commion
Thermoid Co
5
34% Aug
.
-$2.4o
The
4
15
55:
•
29
.
6
104% July 12
23% May 27
2
30
9% Nov
9
32% Jun
Mar 17
15% Nov
;
31%
13
40 % Nov
8
4% Jan
19% Mar 16
Feb
53%
6
.•19% Feb
Feb
15% May
Feb
19
Pacific
Inc
conv
24%
29%
9%
Thursday
4 per share
share
55%
1
ctfs—
%
5
4
10
Thatcher Glass Mfg Co common
9
59% May 26
95% Jun ,16
1% Mar 11
Oct
40
10
&
$1.25
9
,10% Jan
85
t
Feb
May
V2 May
5
11
Feb
18
94
30
8
13 % Apr
24
Jun
.
Mar
7%
2
19
Jan
85
Dec
39% Feb
-Feb
May
14% Jan
46% Jan
3
6% Dec
1
Oct
10
38
Dec
Texas
May 22
12
share
24
..
4 per
15%
No par
new
Pacific Land Trust—
48 % May 13
5
13%
12%
Producing
Sulphur
■
Oct
10%
10% *10%
25
,
Nov
47
10
29
PRICES
Wednesday
Dec. 15
„
4 per share
29%
,83%
"4%
5
Co
28%
24 %
■
"83%
~
t per share
291/s
10%
,,
SALE
Dec. 14
' '
v
(James
4
_——1
Telautograph (Corp———
Tennessee Corp
28
19% May 27
30
15% Nov
/ 19
10
---*—
Gould Corp—
Talcott Inc
29
,
11
14% Mar 16
52
HIGH
Tuesday
Dec. 13
4 per share
27
I,
Monday
.
Dec. 11
Par
91
Feb
14
Saturday
"
i'T
May
3% May
13 % May
RECORD
LOW AND
STOCK
'
10
STOCK
(2559)
,
27
Jan
26
Apr 21
4% Mar 1'2
80%
Feb
YORK
(EXCHANGE
4 per share
17
9 % Dec
Jan
28% 'Feb
104% Mar
5% May
Highest
$ per share
37% 5 Jan
20%
FINANCIAL' CHRONICLE
STOCKS
Year 1947
Lowest
&
-
12 %
*86
87 Va
*86
87%
*86
*86
89
*86.
88
*86
87
1,400
1,700
9%
9%
9%
22 Va
22%
22%
12%
13
12%
12 7/a
3,200
20
,
88
89
J/4
9%
22 Va
.
20%
87%
*19%
*156
20%
19%
20
2,300
*85
;
«6
.
88
.
*86
*85
.-.
88
•'65
86
600
,
-io
1
,
.28
(2560)
COMMERCIAL
THE
NEW
Range for
Year 1947
$ per share
35Va May
85
69
Nov
107%
Nov
10%
32'/a Dec
93
CHRONICLE
RECORD
Feb
Feb
109
Saturday
23
Va-Carolina Chemical
14% July 13
6%
124% July 12
11
Virginia
18% May 15
$5
117% Jun. 14
Jan
15% Dec
23
Jun
28% Dec
29% Nov
partic
Elec
34%
4
No par
com.
&
Co
Pwr
preferred
com
89
8%
*97
10
—J—!
pfd
>
34%
88
100
t per share
'
34 %
*88%
89
8%
9
98
99%
15
*112%
X97%
*113%
113%
15
15
25
*16
16%
*16'A
16%
25
*31 %
32%
31%
31%
*31
Vulcan
20
20
Virginian
34'/,
Dec
45
Feb
31'/a
Dec
40
Jan
31
Oct
38
Feb
24% Dec
39 % Apr
26
30
Dec
33'/a
Nov
26
Dec
32% Jan
5
30
Aug
33%
Oct
29
Apr
32% Jan
13
57
Apr
75%
Feb
57% Aug 16
12% Dec 17
Jan
2
Wabash
15% Jan
8
Waldorf System
29 % Dec
15
35% Jun
4
Walgreen
100'A Apr
29
3
Detinning Co
preferred
7%
90
15
98
16%
30
400
15,700
113%
15%
113%
16
15%
15%
30
30%
28%
29%
1,200
30
30'A
30
30%
3,200
25%
3,800
15%
*112%
*15'%
x30%
32
2,500
98
30
15'A
16
16
1,900
8%
*96
98
114
,
*112%
113%
8%
*95
34%
91%
8 %
33%'
34%
90
8%
Shares
share
*89%
34
8 %
*96'A
15%
113%
16'A
Coke 4%
i
.
8 %
97
97
15'/a.
Ry Co common
6%
preferred
Visking Corp (The)
2
89
34%
89
X34%
$ per
for
Sales
the Week
Dec. 17
Dec. 16
$ per share
$ per ,share
35
89
9%
9
15%
113
•
$ per share
Friday
Thursday
Dec. 15
Dec. 14
35
35
*88%
9
PRICES
Wednesday
Tuesday
"■
Dec. 13
t per share
preferred______10o
Va Iron Coal &
38% May 11
34 % May
div
V
Monday
Dec. 11
Victor Chemical Works common___5
3%% preferred
1____100
24
96% Apr
Monday, December 20, 1948
LOW AND HIGH BALE
STOCK
YORK
Par
"
29
14% Nov
Oct
121
48% Jun
1
Oct
7% Mar 16
Nov
16%
Dec
85
Nov
112
STOCK
EXCHANGE
f per share
I per share
104% May
May
May
14
50%
*
Dec
5 Vb
NEW
Range since Jan. 1
Highest
Lowest
Highest
$ per share
YORK
FINANCIAL
STOCKS
Previous
Lowest
&
30%
15%..
15%
113%
290
25
_
30%
30 %
*30
30%
30%
30%
5
common
*25%
25 %
25
25'%
24%
25
*26
26%
26
26
26
26
*25%
26
*25%
26
*25%
26
100
*30%
31
*30%
31
31
31
*30%
31
*30%
31
*30%
31
40
*59%
61
60'A
*59%
30'A
30 %
25
25
25%
25%
,
W
13%
Apr
17%
Jan
29%
Apr
36%
Feb
100
Dec
1U9
xl7% May
7% May
10%
Feb
19%
Feb
12
9
Feb
Feb
16
Dec
15
26%
Feb
17
Mar 16
30
Dec
41
Feb
13% Dec
1
Dec
12%
Jan
3% Nov
24
'
'.
—
Dec
106%
,
Jan
Waukesha
Wayne
Sep
13%
13'%
xl3'A
13'A
12%
12%
1,900
29%
2 9'/a
29'%
29'%
29%
29'%
29'A
1,500
102'%
*101'%
102%
23'A
22%
23!%
100
2
6% May 24
Pictures
10
86 Ya Jan
Wesson
2
14%
14'A
141/4
14'A
*91%
92%
*91%
92%
Jan
111% Oct
20
6%
__
_
3
113
Jun
9
107
Jun
18
West
Penn
24
23%
21'A
20%
20%
20%
23%
23%
23 %
23%
*23%
*16%
16%
16%
16%
16%
16%
16
92%
*18'A
*17%
17%
17%
17%
13%
.13%
13%
4 Va
4%
4'/o
4
28'A
28'A
*27%
28%
27 %
27%
27%
No par
83%
83%
83'A
83'A
83
83
1
21%
21%
21%
21%
21%
.
14%
14%
14%
*109'/a
109%
109%
109 Va
*114
115'A
114
115%
106
105 %
100
—
105%
pfd- ...100
B.
Virginia Coal &, Coke-
108%
100
—5
108%
*102
108%
14%
20 %
4,500
24%
-
900
16
16
16'A
1,400
*17%
18%
500
17%
13%
3,400
Va
4%
4'/a
4'%
4'%
2,800
*27!%
27%
27%
27%
83%
83'A
83'A
83%
83%
270
22 Va
21%
22
22'%
21%
21%
6,900
13%
14
13%
14%
14%
14%
1,200
20'%
24%
23'A.
.
14%
14%
14%
800
14%
9,700
'
60
109%
110
xl08
108'/a
*108
109%
108
115'A
115%
115
115%
115
115'%
115'A
115'A
105%
105 Va
105 %
107
107
107%
107%
108
109'A
,
.
108%
*107%
108 %
102%
102 %
16%
*107%
108%
*101
102'%
17%
*102
103%
14%
23%
20%
27'%
*83
.21%
22,200
24%
23%
17%
14
4%
2.50
1,600
10
20%
"
17%
(14
4%
14 »/4
4%
,
9%
10
16
14
4'/a
9%
24
20%
24
18%
14
5
10
23%
16
24
No par
series
9%
14'%
*91%
*
:
18
com
4%%
-■
23 %
24
8,100
9%
14'%
92%
9'A
.
10
9%
21
100
Power
10%
20%
1
Co..
preferred
,
10
24
10'A
24
.
A
4.20%
9
23%
-
preferred
25
24
10%
8%
20%
preferred
100% Oct
10'A
.No par
7%
105'A Nov
10%
9%
2,500
1-4%
14'A
92%
x9'/a
23'%
22%
*91%
9%
14'A
*91%
9%
120
102
102
14'A
8%
14%
*23'A
Inc
Elec
Penn
Class
4
22
23'%
5
West
Jun
*101
3
conv
119% Jun
23%
No par
preferred
;
West Indies Sugar Corp.—.
114
102%
23
5
Snowdrift
&
*101
23%
92%
No par
19% July' 1
13
104'/a Mar 16
112%
$4
Oil
23%
14'A
—5
26% May 21
3
13% Feb
Tobacco
9%
101
101
23%
*91%
Co
Motor
101
*23%
60
1
Knitting
Webster
101
-No par
60%
*59%
100
Mills
Wayne Pump Co.
7
30'/a Jan
xll3y4 Apr 15
103% Mar 29
—
13%
29 %
Foundry & Pipe
22
5
Jan
—
13 %
30
-No par
Bros
20% May 28
34% Aug
19% Mar
116'A Aug
13%
29%
Petroleum Corp
•.
Washington Gas Light Co__.
3
27
117y8 Mar
Dec
Jan
27% Aug
Nov
X80
1
,
Sep
26
"121%
Dec
*59%
13%
30
preferred
Warren
23%
34%
60
13%
Warren
Sep
103%
Warner
2
20
.
May 22
34% May 14
17% May
Feb
61
*29%
_
Co
5% %
32
5
112% Nov
2
Jun
100
60'A
*59%
*13
Ward Baking Co common....
101
10
V* Jan
90
_
(Hiram) G & W
10
20
105
preferred
Nov
22
Jan
83% May
21% May
100
.No par
-No par
Walworth
14
'A NOV
27
5'/a
preferred.
common.
Walker
3
36% Nov
,
Dec
Co
16% July 13
11
xl9% Nov
18%
May
19%
4%
Aug 26
4Va%
13% May 24
xl8% Mar 17
8% Feb
RR
27% May 21
X83 % Mar 12
Dec
21
105
10% Mar 12
106% Mar
Dec
Jan
13%
Dec
88%
July
24%
66
102%
*99'A
16 Va
16%
17'/a
-
106%
102
890
■'
270
102
'
•
\
^
32% May
105
22% Oct
16»AApr 20
•
20
West
West Va Pulp &
47
Oct
38% Feb
14
51% Jun
15
113
Dec
Jan
100% Feb
25
110% Jun
11
4% %
10 y8
Jan
5 % Nov
27
10% May 18
Western
Air
75%
Jan
34% Feb
14
46% May 20
Western
Auto
9%
Dec
7% Mar 17
Western
32%
Dec
22% Mar 12
16% July 9
38% July 12
42
Feb
25i/a Nov
10
Western
58 »/4 Dec
Western Union Teleg class A.No par
Westinghouse Air Brake—No par
Westinghouse Electric com
12%
31/2% pfd series A.
.100
4
.
•
May
9% May
26%
Dec
65
Dec
16
17
May
26%
Sep
15 Va Dec
16
26
27y4 May
22% May
"
38 Va
Oct
29i/a Nov
24
39% Jun
14
31
Dec
23% Nov 10
85'% Feb 11
33% Jun
4%
36% May 21
72% Jan 15
9
88
-
y4
90
Mar
Dec
105
94%
Dec
106% July
91 '/a Feb
11
30
Nov
55
Jan
27'A Dec
16
62'% Mar
76
Dec
80
Jan
53%
31
May
90
Dec
Aug
9
3.80%
57% Oct
Mar 18
92
Jan
5
Feb
23
Feb
20
27% Jan
7
White
14
Dec
16
24% May 26
9% Feb
27
22% July
Feb
84
90
Feb
34
X53
8
White
„
Motor
White
Sewing
July 30
126
Aug
2
27 Vi Feb
Feb
12%
•
26
31% Nov
11
19% Jun
21
$4
1
Feb
Dec
9
preference
Oil
*
35
35%
13'A
'
12%
12%
31%
*29'A
31%
25%
26%
*29'A
26'A
26'A
31%
6
*29'A
25%
62
62
61%
16%
24%
61
58 »A
15 Va
31%
15%
31%
24%
24
24%
24
89%
89%
891%
90%
*96%
15%"
32
24%
24%
24%
89'A
89%
89%
97%
28%
*96%
,
97%
*961/2
29
29
29
*27
108
*102
108
*100
"
*27
28%
45%
46%
46%
45%
84%
84%
84%
84%
*84%
85
*23%
24%
20
*24
25
24
45%
■
85
*23
24
•
1,300
8,300
9,200'
24'A
33,800
90%
90%
300
97
*100
600
\
45%
2.900
84%
*83%
84 Va
150
24
24
300
;
11,000
:
24
14%
14%
14'A
14%
14%
14%
14i/a
14%
14
14'A
14'A
14%
*19%
19%
19%
19%
18%
19%
18%
191/4
xl8
18'A
18
18%
No par
54%
541/4'.*
29
29
10%
20
10%
i
54'/8
54
29%
28
28
10%
10%
10%
10%
54
'
54'/a
54 %
*28%
-
54'/a
*28
54%
29
10%
54%
*28
10%
29
*28
•
10'A
330
54'A
54
29
10 y4
:
3,200
400
10%
10»/4
1,600
'
6% May
51'/a
8ep
10% May
88 % Dec
16
Jun
15%
Dec
135
Oct
31%
43
Dec
May
13%
Feb
64%
Oct
51
17
Oct
10% Nov 30
99
Jan
69
12
20
'
Mar
Dec
16
12% Dec
16
14% Dec
May 27
65% May 15
17% May 17
88 y4 Jan 21
9
Nov
145% May
Jan
18
Jun
3
xl38
Jan
Wilson-Jones
Wisconsin
6%
Dec
28
5
37% Oct
22
53
Feb
41% Nov 29
49% Jun
14
7%
7%
7'A
7%
7%
7%
7%
7%
7%
*55%
56%
*55'/a
56'/a
*55'A
56 %
55
55'A
54%
54%
*54%
No par
11%
11%
ll7/a
12%
11%
11%
11%
11%
11%
11%
11%
11%
12,000
*73'/a
75%
73%
73%
*71'A
73%
73'%
69
70 %
69 »/4
69 %
500
12%
1,400
15%
7,500
com
A
common
Co
El
10
Pwr
preferred
Co
Woodward
Iron
(F
*13%
10
com
100
—
Woolworth
35
1
No par
No par
series
$4.25 preferred
13
Feb
Motors
pfd
conv
Wilson & Co Inc
10
Dec
Willys-Overland
$4.50
8
19
16
125
Nov
19
6% Mar 17
14
15%
>125
Co__
10
14
13
15%
15
15
Co
10
>125
128
*125
34
34
34
*34
45'A
44%
45'A
*33%
45%
W)
13%
15%
128
44%
7%
7%
*72
*12%
13'A
15 Va
,
12%
13%
15
128
15%
*125
12%
12%
14%
131
15
15%
*125
128
*125
-
34'A
33%
33%
33'A
33%
44%
4 4'A
45
44%
7%
45 %
11,300
•
56
300
128
33%
45
600
45 %
*33%
9,800
Worthington Pump &
25% May 15
81% Feb
4
13% Nov 30
75
Dec
83
94'/a
58% Dec
Apr
2
Dec
Feb
x62
Nov
29
Dec
53
100
80
Feb
.'58
Jan
5
62
Nov
8
May
33% Aug
10% May
70% Mar
18%
Jan
16%
8
Prior
July 15
11% Jun
21
2
22'A Nov 29
34% Jan
Feb
10% Feb
27
16% May 24
37% Dec
17
48
14% May
53% May
23%
Oct
15% Feb
21
24
83
Oct
65% Feb
27i
15
31%
Feb
14
Dec
May
14% May
5% Jun
•Bid
b
and
Special sales,
25
10%
asked
Nov
July
19% Feb
3"% Nov
wd When
no
sales
distributed,
on
x
65
67
68%
Yale
&
York
Worsted
Towne
Corp
4%%
Co.—
Week Ended Dec. 17,1948
Saturday
Monday..
Tuesday
.
25
Mfg Co___:.
8%
23%
Thursday
Friday-
68
24
23%
670
66 %
*78 "A
81 t'
68
*67%
67%
8%
8%
23%
23%
13'/a
13%
13
39%
*39
20
July 12
Zenith
31%
Zonite
.No par
Corp
HEX
61%
66%
39
14%
tin receivership.
61%
66%
8%M8%
73%
day.
5,900
63
65%
13
72%
this
14%
62
39
Youngstown Sheet & Tube—No pax
Youngstown Steel Door
__No pai
Radio
14%
64
67%
38%
28
Products
14
63
67%
13
1
♦19%
35
.
14%
65%
68%
14%
.
50
common
preferred
1
Corp.
$40
liquidating
dividend
*3%
paid
14%
14%
64'A
67%
81
*78%
68;
m
Young (L A) Spring & Wire_No Par
*19%
"*78>
,
367%
*78
81 v'j
'6-7% *
,
-
8%
8%
24
23%
14%
X68
23%
w
»8l
-1 *8%'
23 3A
*78
*67%.
68
9
*8%.
340
81
<68%
\
i
23%
t.
'
600
,
600
9-'
24
4,900
13
X12%
12%
11%
12%
11%
11%
3,700
39%
x38%
38%
37%
37%
37%
38
*19%
24
1,100
19%
400
20
19%
19%
19%
19%
19%
19%
73'A
73%
73
73%
72%"
73%
72%
73
72%
73
7,300
14%
14%
14%
14%
14%
14'A
14%
14
14%
14%
14%
3,500
32%
32%
33%
32%
32%
32
32%
31%
31%
32
32
6,000
3%
3%
3%
3%
3%
3%
3%
changed from
National
Bond
4
May
10.
a
Deferred
delivery.
cName
3%
3%
& Share
3%
Corp.
2,200
rCash
sale.
Ex-divldend.
Railroad
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Int'l
.
$1,097,000
Bonds
United States
Total
Stocks
Bank
Foreign
Government
Bond
(Number
Bonds
$74,000
Sales
jBonds
$5,000
$1,176,000
•
Week Ended Dec. 17,1948
2,934,000
362,000
2,947,000
2,904,000
290,000
1,005,973
2,819,000
294,200
1,006,110
3,196,000
"MOO
386,000
921,480
3,296,000
316,500
3,338,000
Bonds {Par Value)
Foreign
Of
Foreign
Government
Domestic
Shares)
Saturday
144,920
$13,000
$5,000
Monday
304,455
110,000
177,000
7,000
155,000
35,000
Total
Corporate
60,000
269,585
'
1,002,340
Wednesday...
*61%
80j'i
23
Number of and. Miscel.
Shares
Bonds
545,130
1,183,380
1
5
Transactions at the New York Stock Exchange
Daily, Weekly and Yearly
Stocks,
*78
Oct
12
prices;
63
65M
series—
6% May 19
11
Jan
62%
May 25
Xl9% May 27
9
14%
14%
62%
65%
4%%
89% Oct
.
14%
14
100
pfd
Wyandotte
50'/a Mar
37%
No par
common
pfd 4%%: conv series.
100
Wright Aeronautical
..L.^No par
Wrigley (Wm) Jr /(Del) _,_i;j.:No par
Prior
May 17
69
9
Mar
Machinery
94
96% July 28
60% Mar 19
Feb
45
*
3,194,000
$5,000
$23,000
170,000
«
,
Total
5,664,413
$15,897,000
$1,722,700
4,000
184,000
3,000
4,000
193,000
$18,000
Week Ended Dec. 17
1948
Stocks—No. of shares
,«
5,664,413
1947
$4,000
Wednesday
163,960
3,516,500
$4,000
3,121,200
Thursday
233,610
156,000
50,000
1,000
278,350
"
N
131,000
33,000
2,000
166,000
1,494,880
$742,000
$190,000
$11,000
$943,000
$17,641,700
Total
Jan. 1 to Dec. 17
1948
6,709,061
289,799,633
$24,000
;
Week Ended Dec. 17
1947
243,376,864
:
1,615,905
1,494,880
■
207,000
Jan. 1 to Dec. 17
1948
194 7
1948
Stocks—No. of shares-
,
1947
72,165,076
69,774,907
$47,520,000
$77,934;000
Bonds
U. 8. Government
$4,000
24,008,000
80,169,060
75,008,520
15,897,000
Railroad & Industrial
$3,156,000
3,939,000
1,673,000
33,844,500
894,158,800
926,482,900
$17,641,700
$35,782,500
$979,502,860
$1,028,655,420
18,000 '
Foreign—
Total
Bonds
$1,236,000
241.000
1,722,700
International Bank
...
Domestic
$742,000
,
$1,288,000
Foreign governments
190,000
299,000
8,678,000
7,551,000
Foreign corporate—
11,000
38,000
1,745,000
593,000
$1,625,000
$57,943,000
$86,078,000
Total.
?
45%
84'A
,
45%
1
;
;
108
1
_
com
;
200
27'A
97
•271/4
27'A
'
451A
•:
24
60
15%
31%
23%
108
•)
_
2,200
24
46
84%
»•
59'A
'
•
15%
97
27'A
*100
2,200
31%
31'A
*
24'A
90%
*96%
28%
108
*100
47
.No par
97
97
97%
108
44%
60%
1,400
2,400
'
59
15%
32
15%
31%
90
*102
6'0
15%
16'A
32 '/a
-
25%f<
32
61
15%
31%
24%
*89
5
'
35%
12%
26%
Co
.
5%
35'A
12%
25%
31%
5%
5%
36'A
12%
*29'A
16'/a
5%
6
36
31%
62
1,500
13'
26%
31
40%
105%
40
36'A
26%
12.50
preference
conv
Prior
Wilcox
,
*29%
100
*
*104%
6'A
6
31%
SS).
_
Machine
6
5%
No par
(The
Co.
13
100
Wheeling Steel Corp com
$5 conv prior pref—_
Feb
*36
13%
100
Mar 16
29%
36%
13"
6
3,666
41'A
105'%
26%
I
37
17%
*36%
12%
40%
*104'A
26%
A
Mfg
36%
12%
42%
105'%
*29%
Instrument..
Dental
*5%
*36'A
42'/a
105%
16%
15%
16%
*104'A
43
*104'A
100
Wheeling & Lake Erie Ry
22
43
105%
16%
No par
com
pfd series B
Elec
Weston
July 21
series
43
*104'A
10
100!
pfd
RR
83
191% May
9ya May
July
May
Pacific
Oct
34
5% May
11
40% Jun
115
2nd
non-cum
x43
105%
_1
101% Mar
26 Va May
29 Vt
23
101% Jun
5
.
Inc
Supply Co
Maryland 'Ry com
Preferred
May 19
95% Apr
Lines
17%
43
*104%
100
5% May
17%
*42
Paper com__No par
preferred
38'% May
?
17%
330
107
*101%
107%
xl07
108
-
$943,000 :
•
,
i
Number 4761
Volume 168
COMMERCIAL &
THE
CHRONICLE
FINANCIAL
(2561)
29
M
Bond Record
New York Stock
€o>
FRIDAY
NOTICE—Prices
"and Interest"—except for Income and defaulted bonds.
are
WEEKLY
■
-Cash
Exchange
YEARLY
-
and deferred delivery Sales
disregarded in the/week's range, unless they are the only transactions ol
such sales in oomputing the range for the year.
are
the week/ and when outside of the regular weekly range are shown in a footnote in the week in whleh
they occur. No account is taken of
The italic letters in the column headed 'Interest Period" indicate in each ease the month when the bonds mature.
Ylgwreo after decimal point represent
one or
S2d of
more
point,
a
LOW AND HIGH BALE PRICES
Range for Previous
Year 1947
Lowest
GOVERNMENT BONDS
NEW YORK STOCK
Range since Jan. 1
Lowest
Highest
Highest
i
106.6
Feb
108.21
Feb
105.1
Sep 20
105.28 Mar 10
111.23 Sep
106.13 July
112.6
Feb
107.4
Sep 17
108.28 May 17
108.16 Deo
108.16 Deo
114.8
114.8
May
Feb
Feb
101.18 Dec
2
—
102.23 Sep
30
102.22 Feb
102.23 Sep 30
104.24 July
104.14 Sep
104.24 July
104.23 Feb
101.7' Sep 20
101.19 Jun 14
101.11 Jan
7
101.19 Jun
14
101.27
Dec
104.18
Apr
100.24 Mar 13
100.25 Jan
7
101.26
Deo
104.4
Jan
100.23 Jan
100.26 Apr
101.24
Deo
101.24 Dec
104.10 May
104.15 Apr
101
Deo
103.20
10S.17 Jun
100.7
Deo
101,7
100.23 Sep
17
100.24 Sep
10
101.12 Jun
1
Apr
13
Jun
102.26 May 25
100.27 May 21
102.26 May 25
Apr
100.7
100.23 Jun
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
10
100.16 Sep
100.7
Oct
103.19
Oct
4
10
106.18 Sep
Deo
101.14 Sep ~lo
100
Mar
4
100.4
May
100
Mar
2
100.2
Feb
100.21 Oct 26
102.12
Apr
101.12 Dec
102.12
102.4
3
11
July
101.20 Deo
102.26
Apr
102.20 Apr
101.22 Dec
103.1
Jan
101.28 July
103.4
July
101.13 Mar 22
101.26 May 18
100.26 Oct
101.8
100.31 Sep 27
100.30 Sep 27
Apr
100.7
Oct
101.18 July 13
101.19 July 13
100.16 Apr
4
*102.5
102.8
*104.27
104 .0
*104.27
*108.5
108.8
*108.5
104.30
108.8
1951-1954
*103.28
103.31
*103.28
1 03.31
*103.28 103.31
1
1956-1959
.
1958-1963
*109.3
*101.17
102.20
Deo
102
96
Deo
103.4
July
July
94.10 Jan
15
94.14 Jan
15
98.30 May
99.30 May
17
17
asked price.
No sales.transacted this
tCalled
102.20
102.28
*102.26
102.28
*103.19
103.21
*103.20 103.22
*103.20
103.22
*103.21
*101.16 101.18
*101.17 101,19
*101.7
101.9
*101.17 101.19
*101.7
101.9
*100.27 100.29
*101.19
*101.6
101.8
*100.27 100.29
' *100.26
Dec 1964-1969
*100.27
100.29
1965-1970
*100.25' 100.27
*100.25
100.27
1966-1971
*100.10 100.21
*100.19
100.21
*100.8 : 100.10
*100.8
100.10:
2%s
Jun 1967-JL972
2%s_
—Sep 1967-1972
2%s
Dec 1967-1972
2%s
——1951-1953
2^18-^————1952-1955
2y4s
1954-1956
2y4S—
1956-1959,
*100.19'101.21
*101.22
*100.8
*100.8
Last
Period
Sale Price
or
Low
New York City
Corporate Stock
-1980
1041J
101.1
100,29
100.28
100.23
100.12
*101.25 101.27
100.11 100.11
*103.3
103.6
*102
102,2
*104.16 104.19
*102.7
102.9
*100.29
100.31
♦100.27
100.29
*100.22
100.24
*100.11
100.13
*101.26
101.28
*100.11
100.13
*103.4
103.7
*102
102.2
*104.17
104.20
*102.8
102.10
*104.13
104.16
*104.15 104.18
*102.5
102.7
*102.5;
102.7
*102.6
102.8
*100
100.2
*100
100.2
*100'
100.2
*100
100.2
*100
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
100,2
,*100.12 100.14
*100.17 100.19
*100.12
100.14
*100.17
100.19
*100.22 100.24
*100.26 100.28
*100.22
100.24
*100/
.
*100
*104.16 104.19
——-
,
100.14
*100:12 100.14
*100.12 100.14,
*100.18
100;20
*100.17 100.19
*100.23
100.25
*100.23
100.25
*100.22
100.24
*100.17 100.19
*100.22 100.24
*100.26!
100.28 " *100.26
100.20
*100.26 100.28
*100.26 100.28
101.2
101.6
101.6
*101
*101.5
101.2
*101
101.2
101.7
*101.5
*101.5
101.7
*101.6
101.7
101.8
101.8
101.10'
103.9
*101,1
*100.12
100.14
*lbl
\ 101.3
*101.4 5101.6
7*101.4
*101.4101.6
*101.4
101.7
*101.5
101.7
*101.7
101.9
•
*101.8
101.8
101.10
*101.6
*101.7101.9
,*103.4:103.8
*103.4
*
*103.4
103.7.
100.9
'*100.7
103.7
100.9
*100.6
100.8
*103.6
*100.6
»101.5
*100.7
'
for
-
'
*97.10
*
97.9
1
a
*101.8
*101.1
101.3
*101.7
101.9
*101.7
101.9
*101.8
101.8
101.9
101.10
*101.8
101.10
*101.10
101.12
*101.10 101.12
*103.5
*100.7
103.8
100.9
*103.6
103.9
*100.7
100.9
*101.7
100.8
*97.10'
97.24
*97.14
97.24
97.17
*97.14
*97.16
97.18
*97.16
97.17
11
'
Odd lot transaction,
r
DECEMBER
97.18
*97.16
97.24
97.24
65
100%
18,000
98
17
Interest
w
Sale Price
Exchange
-
.
Week's Range
'Last
Period
BONDS'
107
98
98
97,24
Registered bond transaction.
New York Stock
High
*97.20
98
""
Friday
104
,
7:
97.9
Range Since
January 1'
Low
*100.26 100.28
i.
97.20
1
100.
'
101.3
*101.1
*101.6
; •
.
1
.1957
*101.6
.
—
—
*100.18 100.20-
—1972
3,000
100.2
100,2
*100.12
—1950
No.
100.31
*100/j 100.2
—Dec 1952-1954
—1953-1955
High
104
101.24
*100.31
104.16
Friday's
or
Bid & Asked
.
Low
■
High
Bonds
Sold
No.
5
Range Since
January 1
Low
High
51%
60%
—
J-D
*57
60
52
60
—
33As Series No.. 15
J-D
103.26
*101.11 101.13
*100.27
*100.26
*100.21
*100.10
*101,30 102
-J-D
*57
60
60
59
33As Series No. 14——————
--
102.30
*101.22
102.6
-Jun 1952-1954
Sold
102.19
*102.28
*102.4
—1951-1955
Bid & Asked
*102.16
*103.24
5104.12
Sep 1950-1952
——1951-1953
Boiids
101.19
103.6
*101.30 102
-——Mar 1950-1952
..
108.27
109.10
*101.16
101.31
Sep 1949-1951
Friday's
*108.24
*109.7
103.6
-Dec 1949-1951
15 at
1,000
*101.29
—Jun 1949-1951
redemption Dec.
108.17
*103.3
*100
-
103.31
108.15
*108.14
103.6
*100
Bank
♦103.28
101.31
Dec 1948-1950
—
108.8
103.31
*101.29
Jun 1959-1962
*103.3
104.30
*108.5
*100.29
*101.23 101.25
*100.9
100.11
*103.3
103.6
100.11
102.7
*104.27
*101.20 101.22
*101.9
101.11
*100.25 100.27
*100.20 100.22
*100.9
100.11
.*100.9
*102.4
108.4
*102.28 102.30
*103.23 103.25
*100.26 100.28
*101.22 101.24
101.24
100.10
102.7
104.30
*108.22 108.25
*109.7
109.10
*101.16 101.19
*102.16 102.9
.
the Weak
Bonds (g)
High
*103.3
-Dec 1959-1962
2s_—.
2s—
for
100.10
*100.28
100.28
*100.26
2%s_—._
*101.8
*100.25 100.27
*100.19 100,21
*100.9
100.11
*100.26 100.28
100.28
Transit Unification Issue—
2%
*102.27
*102.17
*102.26
Week's Range
Interest
New York Stock Exchange
*102.27 102.29
109.8
,*102.17
RANGE FOR WEEK ENDED
Friday
BONDS
*102.16 102.19
*108.21
*109.5
*101.16
*102.16
*108.20 108.23
*109.5
1962-1967
10-year 2y«s
25-year 38—
day
*101.16 101.19
'
1956-1958
'
♦Bid and
101.20
1950-1952
Reconstruction & Development
98
108.23
109.8
*101.17
2%s
International
108.24
109.8
101.19
102.19
102.29
103.23
101.21
101.10
100.30
*108.20
101.20
—1952-1954
2%sJ
2s.
2s
108.13
102.8
104.30
108.8
103.31
108.13
Salon fov
Friday
Low
BUgh
*102.4
*104.27
108.4
*103.28
*108.12
*102.5
*104.27
*108.5
*103.28
*108.10
*109.5
108.21
' 109.7
1949-1953
*108.10
*108.10 108.13
108.10
*108.17
—1960-1965
Treasury 2s—
Treasury 2S——
Treasury 1%S—
14
5102.9
'*108.6
2%S———_—1963-1968
2%S
-Jun 1964-1969
Treasury
Treasury
Treasury
Treasury
Apr
103.2
Sep 10
101.14 Apr 16
May
1C2.8
104.30
108.6
Treasury 2s
Treasury 2s_
Treasury
2s
Treasury 2s
100.21 Oct 26
Apr
100.31
*102.5
*104.27
*108.2
Treasury 2y®s—
Treasury 2y4s—
^Treasury 2s—
102.23 Apr
102.6
*102.6
Lew
High
Low
Dec. 17
Dec. 16
Deo. 15
,
High
Luw
1951-1955
1955-1960
2%s
2%s
2%S
2%S-—
2%8—
2%S
2 %S
;
Treasury
Treasury
Treasury
Treasury
102.13 July 13
102.24 May
102.24 May
Sep
100
2
.
106.17
Dee
102.6
28
tiirh
—.1949-19(52
2%S
2%S
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury,
Treasury
Treasury
Treasury
2
tow
High
3%S
Treasury
May
104.12
Deo. 14
Low
Thursday
Wednesday
Tuesday
Dec. 13
38—;
2%S
Treasury
Treasury
Treasury
Treasury
106.13 July
Monday
Dec. 11
EXCHANGE
104.26 Sep
100.4
Deo
104.12
Saturday
56%
J-D
-
57%
59%
51%
531/4
3%s Series No. 18
J-D
57%-
47%
60%
3%s Series No. 19——„——
J-D
*57
59%
44
60
33As Series No. 20
J-D
*56
60
52
60
51%
60
3%s Series No.-16
—
17—
3%s Series No.
*56
J-D
——
3%s Series No. 21—.
57%
57%,
J-D
—_
"
Foreign Securities
—l.—
33As Series No. 25_
REctor 2-2300
120
Broadway, New York
NY 1-1603
Agricultural Mtge Bank (Colombia)—
A Gtd
sink- fund
F-A
6s——1948
*60
A-O
.
Akershus (King of Norway)
SAAntioquJa
4s_
.1968
coll 7s A
(Dept)
s
f 7s series BL
§ A External
s
s
J-j
f 7s series D__;
AExternal
f 7s 1st
s
AExternal
sec
AExternal
sec
s
s
35
j.j
series^—1957
1957
——1956
Belgium external 6'As
External
s
External
-
s
8 A Brazil
(u
f
f
1949
1955
7s—;
1955
;
45%
31%
40%
73
99y®
*
'
97
52
19
A-0
"* /
87 y®
86%
54
83%
85%
12
83 y®
3
46%
107%
1
60%
-1952
J-D
45
59%
43%
*6
A-0
1
—
45
1979
60
59
59
37%
8
.
45
,
#
,
'
—
J-D
1979
A-0
411/4
37%
49%
54
49
J-D
5
62
3%s Series No. 2
37%
3%s Series No. 5_,
3%s Series No. 6
33As Series No. 8
58%
61
22
48%
61
62
58%
62
35
46 i/s
62
61
58%
61
42
51
59%
64 '
6
48
60%
3
52
64
2
56
64%
62
J-D
-
3%s Series No. 9
J-D
3%s Series No. 11
For footnotes sed page 33.
J-I>
.
64
64
64
64
19
32
28%
28%
28%.
5
18'A
28%
31
32
28%
29%
32
32
28
28%
28%
,
1960
5SLll——1951
3
19'/4
32
18'/a
29%
2
16%
32
28'/a
22,
18'/a
31%
2
20%
31%
28%
28%
70
18%
20%
29
*38%
M-S
M-S
A*0
28%
-A-O
28 Va
—
FIRM
J-D
J-D
J-D
28%
18%
28%
1
22%
31
28%
28%
2
19%
28'/a
31
1
21%
31
28%
29
21
18'/a
29
31
28V»
27
31
31
M-N
28%
31
1
20
31
28
28 y®
7
18
28%
28
*31%-
28%
,
28
19%
12
—
—
:
28
18
28%
19
—
28
28
--r°:
27
18'/a
28%
28
*31%
1:
20%
28%
28
*31%
M-N
AT-N
M-S
M-S
—
28
*31%
28 y®
,
28%
18
*56
60
*58
60
*56
60
1
•
■
<
■
__
'
•
X
53
-
65
54
65
27%
28%
5%
7%
*3^1/;5%
SECURITIES
TRADING MARKETS
FOREIGN SECURITIES SPECIALISTS
50 Broad
St., New York 4, N. Y.
*
49 ya
60
48
—
59
56%
59
Telephone HAnover 2-0050
Teletype NY 1
28%
18
17 y®
r-AM. mabks & r.o. INC
,
28%
28%
For Financial In»titutions
J
28%
31
M-N
;J-D
;
91
31
28%
•
"
J-D
—
t
60%
64
__
__
J-D
-
;
3%s Series No; 13—
*59
__
J-D
3%s Series No.10
33As Series No. 12
5
64
52
62
J-D
:
50
32
61
59%
J-D
*
—.
(Hukuang Ry)
..
61
J-D
i.
37%
31
62
J-D
—
iosy®
A-O
———.I960
49%
49
5
18
J-D
3%s Series No. 4_
103 %
FOREIGN
J-D
3%5 Series No. 3-
3%s Series No. 7
.
——
•,
External $ bunds of 1944 (Plan B)—
33As Series No. 1——
18-
*44
62
38
104% 105
32
62%
37%
Munic 7
102
102%
J-
49%
50 y®
Cons
101%
104%
1961
•—1962
assented-,
assented-—;
AChinese
62%
4
41%
A7s
49%
5
62
A 6s
>
105
,—i_1961
6s/
assented
99
103%
J-D
A-O
——1961
AGuaranteed sink fund 6s____—1962
AChilean
48
41%
,
A6s
114%
50
—ti
AGuaranteed sink fund
109
50%
42%
A-0
104
1. __1961
fund 63As—
A6%s assented
99% .104%
7
10
44
——
-1957
Stamped pursuant to Plan A
(Int reduced to 3.375%)
A Sinking
'
1963./
—
94
4
31
A-O
-
1963
_
92
104%
assented
4-
■
103 '/a 104
J-J
——^1962
:
94%
99%
101
99%
109
A-O
*
fund 6s__i—-1962
AChile Mortgage Bank 6'As-.!—-1)57
A 6'As assented1957
92
Stamped pursuant to Plan A
Stamped pursuant, to Plan A
(Int reduced to 3.5% )
—1978
5% funding bonds of 1931 due__1951
A 6s
90%
*97%' 98%
M-N
sinking fund 6s______Sep 1961
assented
-Sep 1961
AExternal sinking fund 6s„
93%
83i/4
60
(
iW--
J-D
(Int reduced to 3.375%)
A 7s (Central Ry)-
A 6s
assented
60
52%, .59
.*56 /v.;—,
J-J
s
60
48
58%:, 58%,/
59
103%
f 6s_—^_Jan 1961
Jan 1961
assented
AExternal sinking
A 6s assented .1
94
5
91%
87%
1960
55
54
J-J
J-J
U-N
I960
—
60
*58
A-O
1942
fund 6s
t
60
48
59
*56
F-A
'
103
23
45%
*57
i
v
F-A
AExtl
40%
86
60%
60%
——I——Feb 1961
A 6s
38%
31%
'v'
111% 111%
A-0
1979*
40%
31%
assented——
AHy external
40
5
"
91%
104
60%
Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal s f 6'As of 1927-
'
3
'
101'/4 lOl'A
104
j-d
;
35
35%
31
31%
.
'84%
j-d
s of): external 8s—-1941
Stamped pursuant to Plan A
(Int reduced to 3.5% )
,-1978
AExternal s f 6'As of 19Z6.,i——1957»**
',"2
85'/a
85%
50
AEbttl'sinking fund 6s—t—^Feb 1961
A 6s
•
j-j
—
5
35
85'/a
M-S
;
35
91%
f<-a
—
6s__
40
91
j-d
„1962
31%
99% 100
J-D
;——1966
9
96%
(
58
M-S
F-A
J-D
—
AExternal sinking
!
A 6s
assented .
•
40%
46
—-»r
.
1967
31%
*92%
'
Vioo
J-D
;
92%
7
*34%
i"
F-A
————1957
—.—
:
65
65%
1
35
35
-
j-jr
.
35-
35 y4
••
J-D
.
''
.
35
*
,
A-0
10-year 3'As
20-year 3'As
15-year 3 %s
-
A-0
,
10-year 3'As
20-year 3'As—
64
60
-
34%
"~.l
..
A-0
f 7s 3rd series—1957
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^
t
.
80
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-1945
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—
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4
^
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•
'
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.
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1945
.—1945
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.
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[J-Dv?,
(City) s f 5s—_1———1957
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1950
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—I960
25-year 3'As
1961
ACarlsbad (City) 8s
1954
f A Chile (Rep) External s f 7s——1942
—
1947
61
J-D.
Brisbane
Foreign Govt; & Municipal
SAGtdL sink fund 6s,—
54%
J-D*
,
I—
3%s Series No. 30——
Teletype?
60%
60
60
3%s Series No. 29---—-^—J-Dut, j
Exchange
47%
*56
J-D
3%s Series No. 26_—
WERTHEIM & Co.
Members New York Stock
51%
57%
J-D
;
———
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57%
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33As Series No., 24—————
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J-D'
_—
58
,58
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—
33As Series No.- 22—
,3%s Series No. 23
-971
(2562)
NEW
YORK
RANGE
Friday
BONDS
New York Stock
Exchange
Interest
Period
Bid & Asked
dr
\
A
6s
(Republic of)—
of
Oct 1961
f
s
$
bonds
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1914
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s
f
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fund
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part
of
43
44
41
44
11
4
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1979
conversion—
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extl
Irish Free State
100
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52
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87
78
78
64%
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1952
Power
1st
3y2s
1972
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Alleghany & Western
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58
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7
44
2
38
9
11
9
10
101
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&
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f
s
l-3s_
1977
56
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Metropolitan Water
J-J
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26
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1950
to
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&
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reduced
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s
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fund
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20
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43/4
92
93%
87
88
conv
debentures.——1961
19%
Atlanta
18%
27%
6%
;
J-J
20 Va
34
98%
25
8%
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IV*
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30
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11
18
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90
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3
26
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86 y2
40
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51
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47
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1970
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1955
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'
94 Va
—
73
69
93
81
80 %
2008
M-S
M-S
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14
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38
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17 Va
23
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de
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reduced
to
to
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"l
4
6%
7%
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5
53%
14
5
5%.
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.
37
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reduced
external
to
to
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14
23j/2
5
26 Ma
34%
41%
23%
1946
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of
1966
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(Int
reduced
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reduced
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i
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29
31
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22
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40
49
29
sec
of)
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49
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40
27
38
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34
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*87
extl
extl
1978
assented
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1958
1958
1957
73 'A
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53
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135
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39
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99
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98
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102
—
99
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—
27
102
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gtd—— -I960
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-1955
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5s
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98
88'%
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J-J
.1976
modified
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Consolidated
Power
1st
3s
1976
Calif Oregon Power 3'/bS
Canada Southern cons gtd 5s
Canadian National Ry—
102
88%
104
96
107
99%
M-N
A-O
J-3
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100%
15
111'% 114'%
1
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110
3
107
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6
110%
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7
110%
112%
106 % 106%
8
106
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32
107
A-O
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112%
,„1956
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M-S
931/4
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107
M-S
"
108%
*108
F-A
J-D
& -Adirondack
103%
4
12
113%
„_1955
J-J
98%
993%
113%
__r_„1970
5s
99'%
99%
104 % 104%
J-D
__1974
A_^1962
gold ' 4'/2s___
v.__^1957
gold 5s_.,__L___Oct 1969
82%
1
107
97'%
107
108'%
Ry—
,___1981
—
63%
3-D
Celanese Corp 3s debs___^i^_"_L^l_l§65
Celotex Corp 3'/4s debs___^_v__^_^_1960
3'As debs,
63%
58%
102%
102
.
*101%
71%
100%
27
103'%
10G%
*75
1948
' 102
99
—
*101
(1947.issue)—y.__r_.._1960
101
75
85
80'%
63
71%
Central
of Georgia Ry—
1st mtge 4s ser A—.—
Gen mtge
4%s
Ofen mtge 4%s
Central
A
Illinois
5s
1995
A--—-Jan 1 2020
B_l—_Jan 12020
ser
ser
64
78
63%
63 Va
68
68
11
66
78'%
50
50
51'%.
20
48%
60 3%
%
1073%
—
registered
26
34
Central
?47
32
41
Central Pacific
New
1073/4 IO.73/4
Light. 3%S-—1—. .1966
registered '——
4s
—;
A General
*35
•
——
37%
35%
85%
64
66%
26
32%
73%
64
64
5
32%
69%
73'%
.1987
.1987
66%
64
-
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67
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7
13%
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5
9Vi
86 Va
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8
8V4
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mtge
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3%s
_
101%
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25
gtd gold. 4s .1943
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15
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1 1949)—— -1974
set
B
_1$68
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_7
-—1992
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R & A Div 1st cons gold 4s^
1989
1
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*
85%
174
74.
:i987
—
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214
75%
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1st ref
4
76%
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.1987
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I0i'%"1033%
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—
—1962
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2012
1962
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M-N
JACentral of N.J gen gold
A
(Kingdom)
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39
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70
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1968
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41
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71
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31
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.
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2.25%)—2004
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secured
25 Vb
—
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A8s
30
1940
to
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34
63%
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.
110
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—
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loan
6434
62-3'4
gold '4%s__T—__„_1951
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1956
to
63
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,
loan
reduced
63 "
62 y8
J-D
1955
34
*30%
49
98
1967
30
1999
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(Int
24%
*36 V*
M-N
2.5%)
94
86
AC———.
gold
27
38
82
38
II
series
5s
go'd 43/4s___
gold,. 4'/2s___v
27
J-J
65
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1976
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ser
ser
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91
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1970
3.1
24%
31
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91
J-J
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27
23%
1999
Plan
1st
27
23 3/i
M-N
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A-O
1951
:-r—.
21
*23 3/i
2001
2012
100'%
A-O
1951
———
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1950
water
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external
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mtge
mtge
&
29 y2
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—
—
35
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.
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A
2%)—
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1952
-
Plan
(State) 8s
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1952
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A
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29
t
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ser
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2004
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-
Plan A
1926
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4s
California Elec
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J-D
40%
3
99% 100
27%.
33 V*
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J-D
15%
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18
33 V*
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20
8
28
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2012
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reduced to 2.5%J_
,—1999
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gold—1968
25
mtge 5s series
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-
(Int
:
4s
Niagara El 1st mtge 2%s_,-1975
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27
J
Stamped pursuant
——due Dec 1 1995
income_-L_—_^Feb 1 2010
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Rio
••
38
fixed
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27
33
2012
Plan A
2%).^.
Grande do Sul (State
of)
§A8s extl loan of 1921___
conv
(2%%
—
9%
23
..27 Va
523%
contingent interest-/^—
Bristol-Myers Co 3s Debs—
.1968
Bklyn Union El 1st gold 5s
.1950
Bklyn Union Gas 4s debentures—.1969
33 y2
23
*35
106 %
104 y2
101V2
J-J
AInc mtge 4V2& ser A——-July 1970
(Ernesto) Co 7s
.1954
9%
27
A-O
mtge 6%
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13
7,
5%
30
--
J-J
mtge 43/4S series JJ—— .1961
1st mtge 4s series RR—
.1960
9%
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1
105'%
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1st
17
15
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115
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,
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A-O
due Dec 1 1995
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8
15
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,
1
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87
104
82
100
fixed
__^_due Mar 1 1996
stamped
Boston
27
J-J
to Plan A
(Int reduced to 2.375
%)__ —2001
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1
.1953
.
40
21%
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2.25%)
—2006
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.
32
A
to
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4
5%
v
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in
SARio
30
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J-D
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ref
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'
r
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__
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ser
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95
106
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A
109.
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4s
95
75 Va
101%
22,
—
_1947
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5%.
—July 1975
Beech Creek Extension
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9
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s
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92
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'
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93 Va
M-N
102%
102 y2
M-N
_1964
;
series A——————1980
S'western div 1st mtge 5% ser A
.J, •
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96
75
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loan
A
1%
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89 y2
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42
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and 3% %
22%
15
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>1
A-O
.-1961
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mtge
and
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29
unified
Series
30
1957
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—July 1 1995
Air
contingent int)„July-1975
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12%
fixed
and 3% contingent interest)—
.
Ref &
M-S
4s____
1st mtge 4s
32
29
34
361
80 Va
10J
1st
31
*31
93%
101% 102 y8
M-N
14
24%
Va.
92'%
120%
Charlotte
97'%
893%
91
A-O
&
109
1013%
486
Baltimore & Ohio RR—
1957
Plan
80 V*
933%
85
B
15%
102
1956
2.125%)
101'%
Q-J
97%
893%
92%
IV*
18
-1959
to
to
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91'%
9%
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reduced
102
Ry 1st 4s—1948
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1948
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101
6%
2008
7s
102 V*
1
62
109 y2 llO Vk
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—1963
(State of)
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92
1966
General
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a6 3/a
\
M-S
1963
„.._1962
mortgage 3%s_.——1963
Atlantic Coast 1st cons 4s——July 1952
37
18
83/4
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1967
110 Va
Fe—
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J-J
1994
J-D
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12%
3-J
..1965
A-O
J-D
1969
12
4%
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4'As—
.1982
July 1995
31
94
113
103% 103%
103 3/k
1957
22
7
—
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.
—1987
debentures,
12
4%.
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1033%
92'
A P W Products Co 5s___
Atchison Topeka & Santa
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J-3
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5A^ernambuco
80
91%
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,
2008
external
ref
106
88
debentures.,—
debentures——
13%
__
A
(Republic)—
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sec
.91%
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conv
Panama
Ext
J
F-A
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Plan
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4y2s_—
1
99
67
83>/a
-
10
A-O
233/4
5
12%
—1959
6'/jS
to
extl
86 -
73 Va
debentures
23/4s
103
13 y2
31
6%
*13%
J-J
^-1958
Netherlands (Kingdom) 3%
Norway (Kingdom of) 4V2S—
1
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73
M-S
'.
86%
80
99
J-D
1986
100'%
97
98
*98 Va
debentures——————1975
2%s
78
9
Plan A
to
7%
36
*5
J-J
to
reduced
99%
J-D
Nov. 5, 1942,
agree_1963
Milan (City of)
6V2s
c
—1952
Minas Geraes (State) —
external
99%
Q-J
A
(Int
11
1
Q-J
5, 1942, agree-1963
1913 assent
1933
Stamped pursuant
27 V'2
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3-J
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5, 1842, agree_1963
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1954
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5, 1942, agree_1968
„§AAssenting 4s of 1910
1945
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to
24.
.
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•
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,
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—
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extl 5s of 1899 £—1945
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—1966
107%
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-
•
2%s
.
.—
1899
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1954
19
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26
1943
f
M-S
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6
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1956
28
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5
7
19%
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105.y4 105.%
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15 y2
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J-3
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s
*
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debs
3s
22
17%
J-3
assented
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4V2s—1975
gtd
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10%.
6%
96%
17
.
1977
Irrigation—
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5
27
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17 Vi.
•
.1952
5%s
6s of
6
M-S
—1951
Sewerage &
.jATreasury
6%
5
50
J-J
-
—1977
—1947
5s of
6%
5
11
5
5Vi
*103.
J-J
-
&
23%s
6%
M-1V
extl
...
RR
1st
2s
Foreign Pow deb 5S———2030
American Telephone &
Telegraph Co—
•;2%s debentures—
1980
104
*102%
A-O
7s
iAAssenting
mtge
82
46
F-A
90
27'%
7
14
5%
,
M-N
90
9
M-N
70
24'%
*8.
A-O
196?
95
46
1960
5s
Altaly (Kingdom of) 7s
A
Jugoslavia (State Mtge Bk)
"
F-A
3'As
54 Va
J-J
J-J
1968
Utility—
■Credit Institute 1% to
3%—
.■
—_—1958
Southern
59
:,69%
M-S
f
s
§A7s series B
§A4%s
92
F-A
Great
68
56
1960
Italian Public
Mexican
80
84%
73%
*243/4
Alabama
1
56
1964
Board
9
84
*__"
A-O
r
2
27
J-J
6%s
3%-
'Drainage
85 Va
83 3%
7s__1958
external
assented
American
J-J
—1949
Credit Consortium for
Public Works 1% to
AExternal
73'%
74
RAILROAD
70
35
87
F-A
Italian
■
F-A
1984
Alabama
*40%
J-J
1967
73
16
J-J
i
86%
83
78%
79
91
78 %
_1952
readjustment
111%
100
A-O.
121
118
105
AWarsaw
102 n
A-O
1962
—
(Republic)
conv
AVenetian Provinces 7s
102%
122
121
—
77%
78
M-N
J-D
3%s
58
126
117
'
—
*77%
M-N
.—..1978
4-4y4-4)%s extl readjustment——1978
18
no2jt
readjustment
External
AAdriatic Electric Co 7s
paid
paid
Italian
High
Low
1937)—
External
3%-4%-4/gS extl
79
6
($
23/4s'
ext
January 1
124
*110
bond
sink
33/4-4-4VbS
Government—
part
High
*110
fund
41
—
AExternal sink
13
-Jan 1, 1976
A 6s
Range Since
Sold
No.
*110
AExternal
7,0%
J-D
F-A
8s___-1946
73 y2
68%
F-A
extl
45
66%
M-S
(Republic)
75
12y2
Jan 1, 1976
$
A7s
Bonds
Friday's
Low
'
.
or
Bid & Asked
41 y2
—
—
'
Helsingfors (City)
Sale Price
V2
70%
1942
(Republic of) 7s_,
Republic extl 7s—
Greek
Last
Period
35 %
M-N
._Jan 1,1976
$
Week's Range
Interest
Exchange
High
M-N
1955
of)
AEstonia
French
*40%
J-D
68
22
-
*40%
F-A
1960
$
s
BONDS
New Yort Stock
reduced
6s
—
(Republic
extl
Low
68%
37 %
*40%
M-N
1949
5%s
External
No,
71
36%
1949
C
to
extl
External
El
36 %
1977
Sinking fund 5%s
Czechoslovakia (State)—
Stamped assented (int
"to
January 1
68,Va
*68%
A-O
A-O
1953
series
4V2S external debt——
§ A Denmark
Range Since
Sold
1953
Rica (Rep of) 7s
(Republic of) 5s of
loan
17
Friday
Bonds
1951
4%S—
ACosta
External
High
68%
J-J
1970
§AColombia Mtge Bank 6%s
__1947
§ASinking fund 7s of 1926
1946
§ASinking fund 7s of 1927—
1947
Copenhagen (City) 5s-,-,
___1952
Cuba
RECORD
DECEMBER
§AUruguay
A-0
Jan 1961
external
ENDED
/
1928
'A6s of 1927
'3s
Friday's
Low
Colombia
BOND
WEEK
Week's Range
Last
Sale Price
FOR
—
115
lOlVa
96
99.3/4„
*121
122
93%
94%.
93'%
96%
-
104'%.
94%.
115
110 %
119%
102
104%
100%
130%
30
913% 1043%
32
92'
1
114
106
117'%
109%. 110'%
.
,
„
f
THE
Number 4761
168
Volume
COMMERCIAL &
FINANCIAL
CHRONICLE
■»" /V
< «
(2563)
31
NEW YORK BOND RECORD
RANGE
Friday
BONDS
;
Week's
Interest
Last
Period
:.t.
New York Stock Exchange
Sale Price
%
-
v
Chicago Burlington & Quincy RR-^General 4s.~.-__
:
1958
1st & ref 4Vis .series E-.,—-1977
ENDED
DECEMBER
17
Friday
Bends
Range Since
Sold
January 1
Bid & Asked
Low
WEEK
Range
Friday's
or
FOR
High
Low
NQ.
.
J
Week's Range
Interest
Exchange
Last
Period
BO N D s;
New York Stack
Sale Price
Friday's
or
Bonds
Bid & Asked
Low
High
Range Since
January 1
Sold
High
No.
,
Low
High
i
•
1st
&
ref
27/8s_____r,
Chicago & Eastern
mtge
inc
111
109 Va 109%
F-A
,•
mtge 3%s__________.;_1985
1st' & ref mtge
A Gen
J-J
110
97%
93%
__1997
J-J
43'/2
Chic
Mil*
1st
mtge 4s
mtge
4
conv
%s
Southern
St Paul
Gen
•
-
M-N
&
Pac
87%
GOV2
51%'
-.
71%
111.
73%
60%
21
80
:_____1994
'
J-J
Apr
Apr
s
93 %
100%
1st
901/a
ser
67
8
39%
551%
93»/4
031/4
54%
/
'.
1
88 'A
94
General
Goodrich
1st & ref 4Vis series
1st
8
PQ%
64%
75
General 5s series C
(W/2
bi%
General
1(16
General
60%
59
106 ]/8
91
227
Chic
1.06 % lf>«%
;
91.
r
•
102% 102%
General
5s
Ref &
197s
103
101i/8 101'/a.
V 2
104
"8
{103
.104% 105
98
105
101
102
,
Gulf
Gen
80
1st mtge 5Vis series A
1st mtge 5s series B_
99
102
37
96%
Ohio
4o
seizes
J-J
Toledo 1st extl 4s
80
1„Jan 2044
Apr
'59%
59%
60%
114
56%
trusjt 3%s
States
1957
Feb 1957
A-O
82
97
97
67'A'
69
123
Coal
Hudson
1st
.
Ry & L 1st & ref 4y2s
f 3%s A
Cigar Corp
Consolidated
Edison
1st
64
5
88%
3
84%
102 Vs
1st
104%
income 5s
Illinois
101%
101%
Illinois
Bell
Telep 2%s series A
95
101%
1st
gold
gold
1081/4
Extended
19
100%
1071/4
1st
99
96%
104%
Collateral
58%
5.;
1st
gold
3s
r.
3s
mtge 2%s ser C__^_._1972
3s
Consolidated
Consumers
Power
1st
*103%
1st
SACuba Northern
107%
95
94%
95%
22
94%
94%
3
97%
97%
102 »/4
102
106%
M-N
101%
94
99
92%
■
96%
1021/4
1975
M-S
debs
1965
J-J
99%
99%
3%s
'
Div
1st gold 3%s
Western Lines-1st gold 4s
111 Cent
and
Joint
1st
1966
M-N
92
92
1st 5%s
1942
J-D
1952
J-J
99% IOO1/4
5s
L
&
N
series
J-J
series
C-
Indiana
Indianapolis Union Ry Co—
Ref & Imp 2%s ser C
*49%
J-D
33%
101%
96
102
88
94%
48.
55%
501/4
Ry
Iowa
international
4s
1st
Great
A
1st
Adjustment 6s
34%
34
42%
A
80/4
84
A 1st
5s
A 1st
gold
series
1st
mortgage
Dayton
Deere
3s
1978
&
Delaware & Hudson 4s extended___1963
Delaware Lack & West RR Co—
Y
N
Lack
1st
A
&
8i
ref
Western
M
5s
div
C___
ser
Coll
1st
mtge
Denver &
1st
&
tr
A
ser
West
(3%
&
1'h
Detroit
mtge
3%s
90
90
90
65
65
66
114
52%
76%
132
20
43%
48%
71%
v
Gen
&
ref 3s
Gen
Si
ref
3s
A Second
gold
Detroit Term
46
„
100 y2
95
100% 100%
95
7
95%
99%
89
31
61%
i_1956
J-J
88
86
87y2
64%
ser
J-J
65
12
67%
60
80%
88%
54
68
54%
4
&
Pow
Lt
2%s____1976
Apr
J-J
M-S
J-D
66
%:
101% 101%
'
68%
100%
10
103
86 Vs
86
87%
80
42
93
65
65
66%
41
51%
70%
79%
79 %
80
66%
103%
97%
105'%
73
102% 103 %
97
97%
104% 105%
73
73
*73
M-S
36
95%
& Mich. 1st
gtd gold 4s_^1990
104%
68%
104%
*84%
58%
96
86
76«H>
74%
106%
81
86
96/4
96%
48
96
98%
47%
47%
1
•38
Duquesne Light Co 2%s,
F-A
99%
99
99%
46
1st
City
Southern
Ry
1st
.Ed El 111
(NY)
1st
cons
5s__l_1995
Elgin Joliet & Eastern Ry 3y4s
EJ
Paso
<Si
^'western
96%
49%
100%
stamped..
Erie Railroad Co—
Gen
mtge
mtee
For footnotes
see
141
156%
M-S
103% 104/4
17
102
105%
103% 103%
1
101%
106%
A-O
103
103
3
100
105%
67
70
103
64
'73%
103
1
ser
A_^_Jan 2015
page
J-J
67
33.
67%
60
102
%'
83
A-O
14
96%
1
97%
*98
108
108
*51
52
Stamped
4%s
J-J
-1961
J-J
1961
J-J
1961
—
J-J
unguaranteed
Kings County El L & P 6s:
__1997
M-S
1st mtge 3s
tAKreuger & Toll 5s
ctfs
Dock
&
RR
Terminal—-
mtge sf
Lake Sh
ser
& Mich Sou
A 1st
Nitrate
Co
1
%
98
176
20
%
99%
103%
2
%
1%
78
95%
99
86%
96%
100
106%
106% 106%
2
102
111%
Valley Coal
stamped
Co—
Deo
A-O
22
82%
V
x90
90
x90
93
30
81%
__
93
90
98%
95
100%
95%
95%
2
_1954
'
F-A
100
100
100
1
"
F-A
*94%
96
84
96
{
*
F-A
*92%
95%
82%
95
F-A
67%
68%
13
60
71%
67%
67%
68%
49
67
75
M-N
" " M-N
37%
37%
38
224
27
39%
35%
35%
2
26%
38%
2003
M-N
42%
41%
42%
79
2003
"" M-N
1974
modified
L
_2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s_
1951
'.
J-J
"
*
45
Myers
Tobacc.a 5s
A-O
71%
40%
45
45 %
24
71%
30
43
29%
*39
M-N
40
36%
47
A-O
78
11
67
120
1965
Liggett
&
98
90
96
:__1964
:—
Lehigh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s.ext_1950
Lehigh Valley RR—
4s stamped modified—
2003
4s registered
1.
2003
stamped
88%
90
*94%
—
,
stamped
5s
J-D
—
Co—
stamped
5s
—
-
100% 101
—
J-D
1970
mtge income reg^
86%
99%
97
169
__
——
—
112%
Ltd—
81
82
112%
J-D
1975
gold 3%s
3%s registered'
Lautaro
1968
1997
A__^^___
*81
82
—
100%
97
"
__
*97%
50
44
*100%~1*108
114%'
108
^
1997
3%s
J-J
*95%
1
99%
100%
97
99%
103
104%
;
1st
J-J
*98
—
——
99
98
L
Lakefront
1990
M-.<?
•
M-S
Laclede Gas Light 4% s conv debs—1963
■
A-O
1959
«»_
A-O
__1964
Co
v-2000
M-S
100
99
J-J
4%s stamped, modified—
4%s registered
1953
100%
99%
IOI/2 102
A-O
Kansas
95
84%
98%
101%
*101% 103%
99
93
'
72
93%
97%
__
__
102
*94% 102
1971
3V4»
71 %
50
96%
95%
—
J-D
A-O
1st cons mtge 3y8s ser ?
1st cons mtge 3y8s ser G
1st cons mtge 2s ser JH
1st
112%
A-O
H964
Div
148
110
5
;_1970
1st cons mtge 3'/4S ser E__
Ohio
*142
J-J
112
j.yt>o
os
^
inc 4%s
112
_™1965
1st
—
A-O
5s
gold
—
*99%
—
1975
3%s series B
5s
M-N
6
—
__
1968'
Lehigh
5s____1956
3
96
*93
J-D
3s__1950
mtge 4s ser A___—
1st mtge
Lehigh Coal & Navigation
S F mtge 3%s ser A__i
1st
76%
*96%
—
J-D
City Power & Light 2%s„1976
1st mortgage 2%s
i:
1978
105%
1
96 y4
Va & Ga Div
16
A-O
Kansas
98%
207
74%
*104
M-N
;
47%-
East Tenn
39
104%
J-J
„1977
19
66%
97
110%
100%
71-
82%
107%
*109/8
J-J
:
61%
97
97
M-S
Plain
J-D
B-,-1976
18
66%
60
/:
City Terminal Ry 2%s__'„1974
Kentucky Central gold 4s
^.__1987
Kentucky & Indiana Term 4%s_—1961
67 V*
J-D
debs_
90
K
Kanawha
4s___
2.35s
Central
Jersey
97
'
1961
Chemical
85%
102
t§ADtil So Share & Atl gold 5s_^_1937
Dow
102
103%
J-D
Det Tol 8i Ironton RR 2%s
100
25
103%
1970
4i/2S_^_^__1961
1
60
103%
1st lien gold 4s___1995
& Tunnel
102
23%
103%
*100 y4
M-S
____1995
101%
J
98
J-D
'
88%
95
60
5s'series C---.
Cent Amer
Kansas
2%s series: I—1982
Mack
&
77
5
23%
"J-D
1966
H____l___
5
A-O
Jamestown Frank! & Clear Tst 4s/I1959
97%
fixed
debentures_\._/____l_.__1958
conv
Detroit
series
•
82
100
J-J
99%
A-O
_1993
19
88%
82
__r^1956
series A_—July 1952
B_
Koppers
G__l
93%
J-J
87%
100
RR—
____/____1952
95%
98
RR—
int)
series
81%
100%
102
M-N
—
(3%
contingent
Edison
101
88%
J-D
87/2
__
100
A-O
fixed
Salt Lake
Income
58
95
1986
Northern
deb-6s
^^1944
1st 5s B__i___l972
36%
Alncome
Denver
94%
J-J
§Alnternat Hydro-Elec
M-N
contingent int)___________1993
mtge ser A (4%%
contingent int)
2018
,94%
1950
Int Rys
M-N
1%
103
4s_
gold
37%
31%
*.
3i/es__^____1977
Grande
—
J-D
37
■
Light '3s______1973
coll
Rio
mtge
&
*101%
J-J
33
A-O
4-6s_____:__„_May 1 2042
101%
—
J-D
34/4
M-N
Power
101
97
*101%
1970
341%
M-N
Tr
97
1963
33%
mtge due____/_„_____l993
& Esse\ division
Morris
100
95%
100
1963
33%
„1973
Delaware
•--•
J-D
32%
J-J
Income
103
101
101
33
J-D
*
99%
'
102
*33
A-O
Ry 3 '/4s ser B
^_1965
Co 2%s debS-'/_i_____„-_1965
104%
100
*-—»
-
98%
*101
J-D
Union
89%
104/4
104%
*102% 103%
J-D
1975
108%
103%
—
F-A
D
Dayton Pr & Lt 1st mtge 2%s
85%
A-
ser
series -A
6s
84
34%
*82
J-J
97%
4%s
&
102%.
77
O—
mtge 4s ser D_-
III
80
102%
*100
„
J-J
1963
101%
ref
■
'
J-J
1951
A
Illinois. Terminal
4
ref
ref
St
110%
12
&
1st
Chic
103%
250
3
F-A
95 Va
92
100 «/4
1st
.
•,vv
•
1951
102%
95
101% 101%
,
F-A
1951
106
100
105% 105%
J-J
100%
99%
3l/aS
•
~6
*100
18
;
100% 101%
J-J
3s
105%
98%
11
103%
103
105%
103%
98
1
*100% 102
1951
gold
62
A-O
5 A Deposit receipts
1
§A?%s series A deposit rcts_w—1946
§A6s series B deposit receipts1946,
103
J-J
101%
99%
70
102% 102%
*103%
i__
65
;
106% 106%
§ A Deposit receiptsRR 1st 5s gold
102 %
103%
102
100%
*35
A-O
J-D
i__
4%s
Springfield
.
102%
100%
__
*101%
M-S
J952
1
100 Yt,
M-1V
A Cuba
3%s.^
gold 4s„
1st
100
100%
102
*101%
•
A-O
-1952
Bridge gold 4s
Gold
'
101
3s
Ry
4s^/_l_i
5s
Div
94%
29
*103
J-J
J-J
,_L________1955
lines
Refunding
104%
104%
105%.
J-D
mtge 27/8s
95%
*997/a 101
r~
Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s__
1951
Div & Term gold 3s1951
/
104 %
104%
mtge
Baking
Steel
29%
1950
Cairo
23/4S____1968
Gas
17%
84
107
101
.1951
St Louis
J-D
_:_1972
150
F-A
105
32
{
trust
Debenture
—1963
Natural
Continental
Crucible
series
debentures
68
24
95%
J-D
Registered
ref
57%
1966
108%
*__
ref
77
22%
22%
61%
M-N
104
A-O
&
-conv
96%
105%
102%
1955
103%
*105
A-O
98
88
8
M-N
York-*—
__1977
16
___1953
*104% 106
95%
95
60%
J-J
1978
V—
^1951'
^old 3%s'_,
_l_^_1951
sterling
:_l-._—lypl
4s__
Purchased
101
*105
1982
94
102% 102%
"
„
trust' gold
Collateral
*1021% 103V2
102% 1031%
RR—
4s„_;_
3%si/
Refunding
45%
1981
3s series B___„
Central
104
102%
M-S
5
70
59'/2
*1001/4102
F-A
&
lot
-
1st 5s A
96%
127%
94
96
106
1965
3%s
New
of
mtge 2%s sql A
1st & ref mtge 25/8s ser B
series A
__
96
92
5
1961
ref
&
5s
93
117
15
94%
*119% 120%
77%
98%
J-J
_1951
f
s
1st gold 5s
Manhattan
&
AAdj
99%
67%
44%
lp3 %
94%
94%
F-A
88
Co—
Consolidated
M-S
M-N
20
J-D
mtge 2%s
J-D
47
F-A
1st
1949 '
46%
1977
97
97%:
*101
A-O
1976
97
23
95
94%
.
66%
93
*94%
J-J
M-N
1978
—
1962
101% 102'/4
_____1978
s
3s
Hudson
Litchfield
Conn River Pwr
^^1968
2%s___„.1976
Util( 1st M
82
103%
3s series L
101%
93
mtge inc 4s ser B
78
103
1st mtge 3s series N
102%
97
J-J
106 Va 1051/2
F-A
1955
11%
100%
95%
J-J
1061/2
;M-S
6%
8
100
1999 ;
Ry—
3%s____1970
'
31
102
68%
1970
IO314
45%
1%
8%
93%
Hocking Valley Ry 1st 4%s__
Household Finance Corp 2%s__
A-O
1021/4,
74
J-J
101%
A-O
A-O
95%
63
7
1st
M-N
82
91%
J-J
Hackensack Water
106% 1071/4
M-S
Conn
—_1975
109
1071/4
4Vis (stamped modified)
—_1980
Columbia Gas <fc Elec 3%s debs___l971
3y4S debentures
1973
1st mtge
B
5s ser A-.___July 2015
1st mortgage
-
__1977
70
5
102
A-O
93
101% 101%
.
9
95
95%
1031/4
A-O
75
95
95%
1st mtge
1961
74
*70%
95%
88%
F-A
13
106%
96%
J-D
1950
92%
84
A-O
64 - '
J-J
98
82%
9Q
1969
1031/2 103%
M-N
88
84
Feb
—1959
..91
*99
_____1973
4 %s series C_____
Commonwealth Edison
1
99%
*
87%
RR—
79
-
88
67%
117%
15
*88
Feb
95
79
J-D
123%
88
87%
100%
106%
99%
*91
J-J
112
110
ref 3%s seris D
mtge inc
Collateral
Gulf
109/t
116
3
H
99
A-O
&
102'/a
A-
*99
___v___1972
Columbus
106%
&
itti
1st &
B
ctls
—
deb ctfs
Corp 3s debs
Mobile
91
R__
& West
ADebentures
99%
106% 106%
J-D
.,
_
El
74
J-J
Orevhound
.
1021/4 105%
9
>/4; 99 V*
J-D
1993
_
Ohio
J-J
.1061
Bay
Hudson Co Gas
& Pittsburgh RR—
Series D 3 Vis gtd
Cleve Short Line 1st gtd 4%s
Cleveland Union Terminals Co—
Sou
_2010
mtge
101%
11
1041/s
Cleveland
&
Q_^
mtge
75%
103
J-D
__1993
.
Columbus
84
Gen
Ry—
B_;
Southern
J-J
70
42
101 Va
F-A
Cin
&
P___,——1982
2%s ser
2%s"ser
2%s ser
100
71%
F-A
Wab & Mich Div 1st 4s__,._1991
St Louis Div 1st coll trust 4s
1990
Cleveland Electric' Ilium 3s
1970
1st mortgage 3s______^______
1982-
Colorado
J-J
mtge
100
\1
77
70
J-J
impt 4Vis series E-___^__1977•
1st mtge
12000
►
_
series
O—
Gen
J-J
J-J
991/4
gold 4s
ser
AGreen
7
9
119% 120%
115
-
J-J
Gen
94
101
109% 109%
J-J
_1990
94
107%
86
97%
115
J-J
J-J
N_,
3%'s
71%
J-J
1
104%
General
103
81%
3
99%
1952
ser
mtge
1011/4
9J %
99%
3%s
iSt■ 6i
*751/8
711/2
A-O
Louis
M-N
mtge
Gen
100
MS
St
105
25
86
——1976
B
D
70%
1
■■7..
189
—
85%
M-S
j——.1973
series
series
89
90
90
______1962
&
5/2s
4%s
58
_ioiy4101%
J-J
mtge gtd 3%s series E
__1969
1st mtge.2%s ser G__J__
1974
City Ice & Fuel 2%s debs
1966
City Investing Go 4s debs_____
1961
Cin
*100%
J-D
1st mtge 2%s_1965
Co
284
J-J
1st
Cleve
1
62
102%
103
103% 103%
Ry Co—
205
J-D
4s___i952
mortgage 2%s
F)
%
J-D
Chirinnati Union Terminal—
(B
6
I.
,.-___1963
D
66
55%
—
,
——_-~1969
56?%
1st mtge 2%s____19'75
Cine Gas & Elec
inc debs
Great Northern
100% 100%
'
Realty & Utilities Corp—
A 4s conv
Gen
conv
102%
50%
(
of Berg Co cons 5s_—.i.1949
64%
J-D
G____'____.___;,;l963
Indiana
104
100
80
4.)
-
"87
Apr
1994
3%s series F_-__
102
1
120%
55%
54 J/4..
y4;
59
J- J
io*»i
2%-4%s_..___:
West'n
103%
M-N
,-1956
3
24
59%
*56%
MS
Sugar coll trust 6s
64%
J-J
iy5i
^
mtge 2%s
&
57%
58
M-S
i_e^_1974
-
102 % 102/2
J-D
4%s—,—1959
deposit
of
103% 103%
M-N
debs—w_^1961
3s
1st
54
•
Apr
4s_~I__Ll951
•
Chic
Certificates
Francisco
Chicago Union Station—:
1st mtge
& Rub
ref 5s series A
Gen
Chic Terre Haute & S'eastern
Ry-r1st Si ref M 2%-4/4s_:_-__
:„1994
».
Tire
1st &
■
79
8
60%
49
J-J
1st mtge 4s series A—I.;
1__^.1994
AGen mtge conv 4%s ser A_Jan
2019
Income
A
Gas & Elec
J-J
A__Jan 1 2019
ser
Memphis Div 1st gold
34
..32
88
73%
J-J
4s___1956
Chicago, St L & New Orleans 5s
Gold 3/2
99
,
2nd mtge conv inc 4%S-__Jan 1 1999
1st mtge 2s ser B__
-j_________1989
Chicago Rock Island & Pacific Ry—
,
tFlorida East Coast
119
87%
Chicago Si North Western Ry—
1
Firestone
100%
91
76 y8
*118
J-J
B__.i__-_Jan 1 2044
ser
112
93
RR—
A___
ser
4%siric
inc
44'/2
*74%
J-J
mtge 4s inc ser A.,—_Jan 1983
mtge 4 Vis Inc ser AJ_l_Jan 2003
Chicago Indiana &
431/2
M-N
mtge. 4%s,.L.:_T_Jan 1 2038
Chicago Ind & Louisville Ry—
A 2d
109%
1.
7
„
A
5s___
3%s ser B—_„___„_1985
Chicago Si Erie 1st gold 5s
,__1082 v
Chicago Gt West. 1st 4s series A„_1988
A 1st
112
5.
■:
93 V2
108
RR—
conv
1st mtge
inc
t
S7%
•
A Gen
110
F-A
F-A
,__1970
4
120
2
120
121%
108
108
1
107%
111%
70%
32
&
COMMERCIAL
THE
(2564)
FINANCIAL
CHRONICLE
Monday, December 20, >1948 ;
NEW YORK BOND RECORD
RANGE
Friday
Interest
Last
Period
BONDS
New York Stock Exchange
Week's Range
Sale Price
or
Friday's
Bid & Asked
Low
Little Miami, gen 4s series A
ALombard Electric 7s series A
1962
J-D
Long Island unified 4s
Guaranteed ref gold 4s
1949
Af-S
1949
Af-S
1949
* Af-S
__
4s
stamped
Lorillard (P) Co deb 5s
3s debentures
Louisville Gas <fc Elec 3%s
*
100 3*2
Northern
34
Prior
Pacific
lien
4s
101A
100 3*2
102 i/a
1
100 A
102
107 Vi
UOi/4
Ref &
1997
General lien 3s
3s
Q-F
Q-A
2047
j-j
2047
J-J
2047
J-J
1975
M-8
impt 4%s series A
1963
A-O
M-S
ms
F
2003
a-o
89%
89%
10
87
1st & ref M 2%s series G
2003
A-0
79%
79%
79%
11
76%
89%
1st mtge 2%s
H
.2003
A-O
97
96
97
28
95
97
1st
gold 3s
1980
Af-S
Div 4s
1955
Af-N
102
•
102
1
100%
4
105 »/8
108%
,
1st
&
1st
St
ref
&
3%s
M
ref
M
Louis
series
3%s
Div
2d
&
ser
Cine
Atl Knox
impt 5s series C
Ref & impt 5s series D
Coll trust 4Vis
102%
107
107
—
Northern
*93
—.
921/2
95
*106
106
—
States
(Minn)
101%
1st
Power
96 Vi
1974
1975
i
_1978
3%s
1972
Maine Central RR 4%s ser A
1st mtge & con 4s ser B
1960
Manati Sugar
Manila RR
«
.1954
4s
May Dept Stores 2%s debs
5
*
85
95%
85
1972
70
J-J
Corp 1st mtge 3s
i960
Metropolitan Edison 1st mtge 2%s'_1974
Metropolitan Wat Sewerage & Drain
(see Foreign bonds)
Michigan Bell Telephone Co—
.
1
85
Af-N
•
Mead
3 Vis
16
'72
71
—
M-N
1959
97%
100% 101
71
J-D
4s sink fund__Feb 11957
(Southern Lines)
M-N
3-d
—
—
96%
96%
,7
.
94%
§ A 1st
1st
Af-N
101
101
4
99%
*99
—
A-O
1951
Sag 3%s
1st gold 3 Vis
M-S
102
101
—
102
69
♦
_
a-o
A-O
St Paul & Sault Ste Marie—
1st mtge 4Vis inc ser A
Jan 1971
A.Gen mtge 4s inc ser A
Jan 1991
Mo Kansas & Texas 1st 4s
1990
56
40-year
Prior
4s
Pacific
A 1st &
1st &
84
J-J
Oklahoma
98%
4s
83
49%
A 1st
&
ref 5s
51
71%
72%
68
F-A
95 Vi
99
98
M-N
*98
1948
Gas &
J-J
13
2
10
1974
M-S
99%
99%
8
98%
A-O
*93%
96 %
.
3s
Electric 2%s____1975
A—1960
12%
F-A
95
94%
95
104 Vi 104%
A-O
93%
10
93 %
1
103%
J-D
102%
1st
& ref 3s
L
1974
J-D
101%
1st & ref 3s series M
—1979
J-D
99%
99% 100
1977
j-d
99% 100 VB
23
1981
j-d
94%
94%
15
93%
1980
j-d
97%
98 Vi
30
95%
99%
1982
J-D
101 Vi
101 Vi
1985
j-d
91%
51
871/2
ref 3s series N
100%
1st
&
ref
101%
1st & ref 2%s
1st
66
gtd 3Vis
series
series Q
M■ 3Vis
Tel
R
ser
2%s
Tel
&
P
debs
49%
68%
44
68%
72%
5
77%
54
23
71%
*101%
debentures
1986
a-o
1987
a-o
99
debentures
debentures
61
71%
288
301/4
51%
196
71%
90%
M-V
80
80
81'A
36
72
9OV2
Af-N
26%
25%
271/4
480
18%
31%
A-O
80%
80 Vi
81 1/4
33
71%
79%
79%
81 Vb
69
71%
3s
90%
61%
5
99%
*100%
'
61%
10 L%
•
General
4Vis
5s
104
General
4Vis
102%
Gen
68%
J-D
57 7/s
56%
58%
31
54%
79
78%
80
73
68%
83%
m-N
74
74
75
26
64%
75
90%
901/4
10
88%
93%
1001/4
1041/4
Af-N
*>
~
—
A-O
*99%
'
.*
.
17
98%
103%
26
98
103
98 Vi
103
+
103
94
18
93 %
ap%
98%
99
32
98%
104%
.
4
98%
12
104% 104%
1
98%
54
a-o
49Vi
Peoria
98%
54
402
._1965
J-D
1968
j-d
1981
A-O
96%
1984
A
series
J-J
97
D
series E
1952
N
1st gtd
5s
series
ACertificates
5s
4Vis
5Vis
New York
98%
104%
"v-d
of
Af-N
,1
55
99%
106
106%
59
104%
96%
98%
100
94
103%
97
98
31
94
103 Vi
100%
53
97 Vi
100%
83%
19
78 Vi
89%
104 %
132
103%
104%
100%
83%
104%
100
83%
104
62
Apr
14 Vb
F-A
*104%
Ry 3%s ser D
1980
Af-S
94
62
series
#
1
115%
118%
99%
—
coll
mtge
3s
Af-S
102% 102%
j-j
*98 %
99%
101
%-
:
I-
Lack
,
103
104
102%
104
F-A
F-A
90
■
90
91
41
91
.91
,.1
86
--
86
"2
81
—
103%
93
93%
93
90%
85
60%
62%
210
60%
A-O
65%
65%
67%
216
65 Vi
A-O
72
72
73%
126
71%
&
j.j
1998
F-A
series
79%
61
9
88%
76
36
80
f-a
2000
Af-N
Hartford
inc 4 Vis
Port
63
93%
.
82%
60
69%
61
4
65%
6
—
2
90
86%
86%
99% 100
2007
A-2022
59%
68
57%
64
91
_
8
81%
1954
SI
82%
91
96%
101
*101
*__
—
98
98
100
97
*100
100%
__
*70%
—
73
*76
80
69%
—
J-J
64"%
64%
65%
310
60%
75%
May
441/2
44%
46 %
392
31
Af-N
♦IO2V2
98%
—
7%
N Y Power &
3
Af-S
98%
97%
98%
40
95'/a
98%
61%
61%
2
60 %
69
1993
N Y State Elec & Gas 23/4S
1977
N Y Steam Corp 1st 3Vis
;
1963
IN Y Susquehanna & Western RR—
§ A 1st refunding 5s
1937
4Vis
Telephone 23/4S
*
J-J
J-J
—
J-J
5s
42
D
21
78
78
95%
95%
Af-N
1982
J-J
f-a
J-J
Power
1966
M-S
2014
A-O
ser
Ry
3Vis
97
7
11
38
20
1981
5s
42
*31
1978
Norfolk Southern
106%
F-A
1943
inc
Norfolk & Western Ry 1st gold 4s_1996
Northern Central gen <fe ref 5s
1974
Gen & ref 4Vis series A
For footnotes see page 33.
1974
——-
mtge 5s
series
series
B
Gen
5s
*106
*103%
F-A
*113%
Af-N
*113%
8%
100 %
102
94%
99
106
102
105%
.1975
A-O
105
105
.1975
A-O
113%
109
__
105
111
10
103
110%
103
110%
105%
2
87%
99%
106
; 106%
110%
__
105
M-N
13%
__
J-D
1970
14
12
*105%
F-A
9%
42
108
Af-N
.1964
1
104
97
.1963
series E
mtge 3%s
*96
1957
A
mtge
13%
101% 102
.1960
debentures
.1965
«
Pittston Co 5%s
Potomac
*■
Elec
inc debs
Pwr
—
1964
mtge 3%s_. .1966
1st
87%
3
84%
99%
99%
5
99
100% 100%
4,
100
101
17
93
93
4
91
101
J-D
91%
89 %
103 %
*107% 111
F-A
5
J..
TOO
J-J
105
mortgage 3s
100
105
105
1st &
ref
&
ref
.1972
ref
mtge
J-J
J-D
1964
8s
J-J
*98
117
99%
101%
105
100
*~
J-J
.2037
—
ZZ
Af-S
Af-N
.2037
mtge 5s
&
.1956
.1968
mtge 3s
1st
—
Gas 3 Vis
107%
106%
101%
109
J-J
4s
93
101%
J-J
.1983
Terminal
93
93
79%
J-D
F-A
Public Service Elec &
103%
79%
J-D
.1977
Providence
100% 103%
100
81%
92%
A-O
A-O
mortgage 3 Vis
1st
L_
J-J
A-O
—
A-O
M-S
M-S
Quaker Oats 2%s deb!
107%
90
*143%
__
*210
90
105%
108%
101%
*103% 104
105 Vi
__
142
145
220
210
216%
7%
105
32
97
107%
52%
40
7
12%
29
1
73%
35
86
88
20
98%
100%
83%
93%
.1995
Af-N-
Revere
.1960
Af-N
Gen
mtge 4%s series D—_— .1977
.1967
mtge 3%s series H
.1967
mtge 3%s series I
Gen mtge 3Vis series J
_1969
tARut-Canadian 4s stamped
1949
M-S
Gen
M-S
*107%
M-S
*106%
__
M-S
*104%
—
104
106
J-J
*8%
10
t§ARutland
j-j
10
10
M-S
*97%
Copper & Brass 3%s„—
Rochester Gas & Elec Corp—
22
93%
101%
101%
107% 107%
Saguenay
2
106%
109%
St Lawr
2d
1271/2 127 Vi
115
*—
102%
107%
108%
107%
107%
123%
„
30
49
10
127
RR
4%s
stamped— -1941
7%
14
13
7%
15%
98%
99%
89
101
105
13
♦110
99%
Reading Co 1st & ref 3Vis ser D
100 J/2 100%
87
99%
78%
*102% 104
—
99%
R
13%
30
Co—
conv
102
F-A
14
Gen
97
106
F-A
series F
3s
mtge
61%
1940
3Vis ser E
Falls
A-O
1937
5s
Ref mtge
Cons gtd 4s series F
98%
101
12
103
93
gtd 4s
12%
52%
30
Light 1st mtge 23/4S—1975
98 %
*__
12%
1st s f 4s
of deposit
Ry
85
4%
Ref mtge
101%
!
77
76%
10%
gold
99%
98%
2%s
99
99 Vi
'
4i/2
1st
96%
J-J
2%s
ref
100
■
9%
§ATerminal
10
F-A
1937
ref
&
—
4%
gold
J-D
1978
&
■
9%
§A2d gold
§ A General
1981
ref
2%s__
&
1st
■
J-D
1st cons
1974
100
3-d
97%
11
Chester—
4s
N Y & Putnam
102
97
1st
36
RR—
ser
■■
.
90
86%
100
Jf-N
jf-N
61
93%
J-J
1973
mtge 4s ser A
&
59%
s
J-J
2043
A
59%
A-O
1951
series
61
A-O
1975
2043
4s
&
conv
81%
—
J-D
1986
B
4s
—
F-A
I973
River
80%
60
y_A
1980
B
mtge
f-A
1998
gold 3Vis
Haven
ref
•
1998
F
West
100%
98%
98%
3-d
Pittsburgh Consolidation Coal—
84
j.j
1998
ser
97%
27
34
.1958
Pittsburgh Steel 1st mtge 4%s
Pittsburgh & West Virginia Ry—
.1958
1st mtge 4%s series A
1959
1st mtge 4%s series B
.1960
1st mtge 4%s series C
Pitts Youngstown & Ashtabula Ry.1962
lst gen 5s series B_
.1974
1st gen 5s series C
1st gen 4%s series D
.1977
Z
76
1
gold
16
99% 100 %
98%
Pittsb Coke & Chem 1st mtge 3%s. 1964
701/4
♦75%
110
108%
M-N
Gen
96 %
60%
81%
118
105
104%
M-N
Gen
97%
F-A
"
112%
1967
gtd 4s series G—-i—
H—
♦'Cons gtd 4%s series I_
Cons gtd 4%s series J—,
Pgh Cine Chic & St Louis RR—
92%
1997
;
5
1971
Cons gtd 4s series
93%
2013
3Vis__.
4
34
2%s_
3 %s
A__
105%
2%s
Cons
92 %
78%
22
105
ref
.1953
'
v'
A-O
109% 109%
105
j-j
3-d
^
v
94%
80
M-S
AGen
93
ref
ACertificates
107%
100%
9
112% 113
f-a
j-j
1964
Phillips Petroleum 2%s debs
Pittsburg Bessemer & L Erie 2%s__ 1996
Pgh Cine Chic & St Louis Ry—
,l
IAN Y Ont & West ref 4s___June 1992
A General 4s
1955
Niagara
10
68
25%
106
&
t§ A Philippine
--
j!
♦104%
103%
\\
1998
Mtge 4s series A
Mtge 4s series B_.
Y
14%
111%
&
1st
102%
98
3
—
1974
series B
5s
1st
103%
1997
gold
ser
1st
N Y & Harlem
N
94
59
103
107%
& Wash RR Co-
1st
102
101%
—
2013
series
Dock
1st
—
—
84%
;
Connecting RR 2%s
A Gen
24
__
117
1st
F-A
1954
registered
Harlem
99%
*101%
--
deposit
A
4Vis
Shore
&
14%
112
1st
•
mtge 3Vis
registered
Y New
99
84%
A
of
N Y
1st
100 %
102% 103%
A-O
•
105%
——
116% 117
—
A-O
A-O
deposit
N
4Vis
97%
4
1974
Marquette
101%
106
J-D
ext
103 %
97%
9
—I960
4s
68
102%
J-J
General gold 4%s series C—.— 1977
1961
Philadelphia Co coll tr 4Vis
Philadelphia Electric Co—
101
101%
3
——
101% 101%
deposit
D
3Vis registered
Y
96%
100%
3
*
*100
101%
J-J
1956
of
Mich Cent coll gold 3Vis
Y
27
'
80%
New York
Chicago & St Louis—
Ref mtge 3Vis ser E
1st
104%
*97%
Jf-N
J-D
Central & Hudson River RR—
3 Vis
N
102%
105
,
impt 5s series C
General
N
103%
deposit
series
impt
3Vis
54
106%
99%
Apr 1990
General
100%
102
Central RR Co—
4s
&
97
7
1956
series
ACertificates
35
J-J
C
ACertificates
98%
102% 102%
1954
of
series
ACertificates
Lake
35%
112% 112%
A-O
1985
.—1963
4s
Phila Bait
91%
104
j-j
B
84%
A-O
1952
INew Orleans Texas & Mexico
Ry—
6
J-D
4s__.j__1953
_
New Orleans Term
98%
98%
J-D
85
"
1983
New Orleans & Northeastern
RR—
Ref & Imp 4 Vis series A
85
"
1st gtd 4Vis series B___
____1961
3s debentures
1982
New Jersey Bell
Telephone 31/8S__Zl988
N J Junction RR
gtd 1st 4s
1986
New Jersey Power &
Light 3s
1974
New Orleans Great Nor 5s A
N Y
Pere
"• F-A
1952
Ref &
99
102 'A
Chattanooga & St Louis—
1st mtge 3s ser B
1980
National Dairy Products 2%s
debs_1970
3s debentures
^
1970
National Steel Corp 1st
mtge 3s_ZZl965
National Supply 2%s debs
1967
Naugautuck RR 1st gold 4s
1954
New England Tel & Tel 5s A
Ref
106%
1041/4
102 %
—
97%
Pekin Union Ry 5%s
Eastern
&
A Income
Peoria &
Cons
97%
102%
106
99%
F-A
B
debentures-
conv
*100%
J-D
A-O
A-O
Gen mtge 3 Vis series F
Peoples Gas Light & Coke Co—
3s
*104
1960
3Vis
deb
Af-N
•
A 1st
101%
104
100 31
*100%
ms
96%
92
102% 102%
98%
M-S
90
98
93%
0
ms
J-J
1965
series
series
mtge 4Vis
Conv
60%
' M-N
1952
debentures
f
s
General
1955
Constr M 4Vis series B
1955
Mountain States Tel & Tel
2%s___1986
3Vis debentures
1978
trust ctfs
Pennsylvania RR—
Cons sinking fund 4%s
90%
F-A
series E
4s
Pennsylvania Glass Sand 3Vis
1960
Pennsylvania Power & Light Co—
1st mtge 3s!—
1975
90
81
61%
104%
Pennsylvania Co—
81%
*103
s
A3Vis conv income debentures—1960
72%
80
441/4
57
1978
1983
1st
104
98%
Pennsylvania-Central Airlines—
69%
61%
47
& 111
98%
6
'
~
108%
51
91%
93%
debentures
f gold 4%s—1955
Paterson & Passaic G & E cons 5s_1949
84%
100% 101 %
98 VB
3%s
79
100% 102
100% 100%
3 %s
57%
40
106
*106
102
3 Vis
17
;
2000
series A
2%s
ref
&
Pacific
101%
1981
debs
series
&
1980
B
ser
series K
3s
1st
1949
H
I
3s
ref
106%
80%
V—
Co
1st
80
103»/2
79%
M-W
A 1st
97%
J-D
42%
1958
A 1st
98%
105
J-D
79%
»*-»
A 1st
19
102
1971
42%
61%
Nashville
99
1970
Af-S
F-A
5s
95%
—
1966
1978
A
series
series
Essex
98
&
Af-S
M-S
M
5
35
•95%
96%
97
♦101%
1st & ref 3%s series I
1975
1966
Constr
104%
1st
93%
67%
1991
Morris &
100%
99%
100%
1977
F_
ser
5s
&
92
100%
83
5
75
—
Monongahela Ry 3 Vis series
(John)
92
14
102
98%
—
72 %
A-O
Moh'k & Malone 1st
gtd gold 4s
Morrell
3
83%
83%
J-J
1965
series G__,
gold
84
1
83%
J-J
1978
w
5s
gold 5Vis
ref
100
27
,88
101
101%
102
72 Vi
J-J
Jan 1967
».
series
&
94%
101
Gtd
5s
1st
65%
86 Vi
—1975
4s
1st mtge
2%s
Oregon-Washington RR 3s
Co—
ref
AConv
57
97
96
__
56
50%
j-D
1962
D__
ref
A 1st &
A
B
RR
100 %
♦
56
J-J
1962
ref 5s series A
A General
93
96%
98
A-O
1979
guaranteed
mtge
Paducan
A
series
4Vis
94
93
68
60
102 %
"
adjust 5s series A
^Missouri
A
series
lien
A Cum
series
.
*101
Missouri-Kansas-Texas RR—
5s
87
92%
2%s
*.
lien
6
10
102%
Minn
Prior
103
60
98
99
'
'
82%
104% 105
Af-S
1967
Mining & Mfg 2%s
105
Af-S
1940
5s
'
82%
Af-S
-
__
*101Vi
J-J
1969
t§AMidland of N J 1st ext
*100%
Af-N
1952
3%s
Minnesota
96%
49
65%
101 Vi 101%
101%
107%
Pacific Gas & Electric Co—
1988
Ref & impt 4%s series C
__1979
Michigan Cons Gas 1st mtge 3%s_1969
1st mtge 2Vis
1969
1st mtge
High
99
1st & ref 3s series J
debentures
101
Michigan Central—
Jack Lans &
Low
95
Telephone—
debentures
Ohio Edison
91%
70
'
J-D
Range Since
January 1.
O
98
831/2
70
Sold
No.
tOgdensburg & Lake Champlain Ry—
751/2
94%
61%
86 Vi
86%
A-O
101%
67
Bonds
100
60%
*58
F-A
M
Macy (R H) & Co 2%s debs___
61%
J-J
1977
Northwestern Bell
High
Co—
mtge 2%s
mtge 3s
(Wise) 1st mtge
111
»—
Q-J
2047
1966
.
Friday's
100 Vi 100%
100'A
Q-J
Jan 1 2047
registered
1978
1st & ref mtge 3s
Louisville & Nashville RR—
or
Bid & Asked
1
1997
Ref &
♦107% 108
Sale Price
Railway—
4s
registered
99%
*3
100 332
Last
Period
Exchange
Low
107
18
100 33a
100 A 100 332
Week's Range
Interest
BONDS
New York Stock
High
107
■
17
Friday
Low
—
~z
DECEMBER
Range Since
No.
High
ENDED
January 1
—
F-A
1951
WEEK
Sold
M-N
1952
.
*>- *
Bonds
FOR
92%
129'
Power
& Adir
gold 6s
3s
series A
1971
1st gold 5s
109%
116
1st
108
A 2nd
mtge 4s
series
A
mtge inc 4%s ser A
70
100%
79 Vi
*70
80
*__
109
75%
1955
J-J
*98
100
98-
1997
St L Rocky Mt .& P 5s stamped
St Louis-San Francisco Ry Co—
105
96
98
J-J
A-O
J-J
82%
82
83%
235
80
89%
May
59
59
61%
217
51%
65%
1996
^—1996
■—
Jan 2022
86
100
[Volume 168
THE
Number 4761
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2565)
33
I
NEW YORK BOND RECORD
RANGE
Friday
Interest
New York Stock
Exchange
Last
Period
BONDS
;
Sale Price
or
Louis-Southwestern
1st
4s
bond
certificates—
1989
1996
J-J
J-J
1st gtd 4s
Seaboard Air Line RR Co—
1st mtge
4s series A
AGen mtge 4%s series A
(Jos E)
Union
Sons 2%s
&
Oil
J-J
&
Nor Ala
Southern Bell
RR
Tel
A-O
___1967
A-O
94
>1959
MS
F-A
1957
M-N
1975
M-S
debs
2%s
debentures
Universal Pictures 3%s debs_;
28'%
94%
83
Cons
101%
91%
122
—
f
s
series B
4s
5
98%
30
91%
1
95%
75 %
20
75
101% 102%
96
94
94%
79
90
91%
44
101%
*99% 100%
J-J
J-J
J-J
1994
J-J
~
—
96%
103
"9
97%
59
109
3
95
102 %
36
93'A
103
,
M-N
102'/8 102%
94
103'A
102
54%
94%
' 96%
97
—1
96%
3
*100% 101
Penn
Shore
&
2019
&
1985
A-O
98
105
&
ref
M
3 Vis
series
ref
M
3%s
series
B
1970
A-O
2000
J-D
Gen & ref M 3%s series E
1985
Texas
Pacific
1st
Third
RR
Ave
AAdj
of
New
C„
gold
Pacific-Missouri
Term
96%
39
103%
98%
3%s__1974
1960
5s
92%
88 %
Tol & Ohio Cent ref & impt 33/4S__1960
Trenton Gas & Elec 1st gold 5s
1949
41%
J-D
124
118%
94%
39
M-S
1961
100 % 100%
4
68*%
141
41%
42 %
198
*100%
MS
99
4s
*99
—
Electric
of Mo
Co
mtge & coll
debentures
Union
Oil
2%s
of
3%s
1971
2%s
trust
Calif
3s
deb
♦
97%
100%
101%
Pacific
27/sS
mtge
2
97%
series
55'A
101
'
106'/a 107
7
106 V'a
109
107
3
105%
107%
107 % 108 »A
106'/a
10
106%
109
63
107
J-D
J-J
69%
59
67%
57%
7
*99% 100
32
99% 100'A
100
97
101%
99
15
98
103%
101%
101% 102
27
95
102
101'A
101'A 101%
56
88%
102
45
80%
94%
99
May
1951
M-N
M-S
1960
5s
J-J
2y8S_____1951
98
J-J
1950
,.
—;
&
Mfg
debentures
84'A
84'A
101%
99 %
101%
*97
M-N
J-D
1970
M-S
1967
100 %<
J-J
1949
1992
98%
96%
99%
3'As
mtge
Co
&
series
1st
mortgage
1st
Central
general
D
3s__—_1958
4s
95%
.'
.
*103'A..
103%
101%
..
111'A 113%
J-J
Electric
64
77'/2
70
75%
19'A
45 %
73%
73%
74'A
48
43'A
43
44'/2
167
43%
J-J
1949
43'A
1
30
95
95
10
93
J-J
M-N
1936
ofj deposit—
Public
100'A
Ry—
4s
Wisconsin
—.
100'/2
94
5
95
94%
93 Va
25
95%.
95
103%
94'A
;
i 95
.
102%
99
101 IS
—
*94%
.
A-O
.
1960
.
112
99% 100'/a
*10115
J-J
conv
85
*101
M-S
IP7!
—:
—-
Wisconsin
103%
96%
16
96%
23
91
1967(
I—>1966
1973
Power
25/8s
>1976
J-D
Service
3'As
1971
J-J
*104%
Elec Lt & Power 2%s
__1976
'J-J
*92%
Deferred
87%
in
delivery
the
included
101%
90 %
series
Telegraph Coreal estate 4%s
debentures
included
101
91
J-D
98
Union
not
100%
M-S
107%
47%
__
100
A-O
109%
5
1991
C
103
*105'/a 106
60
100
96
RR—
2y2s
A-O
95
43'A
96 l/a
105
103
99
105%
14
100% 100 %
99%
97%
101%
2
F-A
85
1950
—1
ACertificates
64%
103% 103 %
1976
94 y2
15
*98
gtd—:
101
100% 100'4
J-J
J-D
54
*51%
A Certificates
of deposit
§ ASu & Du div & term 1st 4s
85
95
107
97%
98
91
61%
§ A 1st
102
M-N
1967
debentures
Ref
J 07
A-O
83%
100
90%
59
tWisconsin
127%
37%
—
1970
debentures
Union
M-N
1975
_1968
74
90%
97
97%;
60'/a
a
1st
102
75'/a ' 85
13
59 '/2
Yonkers
3s
100%
97%
60'/a-
U
Union
92'A
101 '/a
,2
78
F-A
guaranteed
Winston-Salem S B
102%
66%
*100% 100%
—
80%
77
M-S
1st
98%
98%
80'A
*95%
F-A
—:
Power 3%s
1st
1970
Wheeling Steel 3'As series C
100%
39
66%
67
A-O
—Jan 1960
Tri-Continental Corp 27/8s debs
100%
J-J
101%
8
M-S
Wilson
18
90%
97%
80%
M-N
Gen & ref M 2%s series A
106
96%
—
J-J
109
93%
15
101 % 102
_
M-N
Wheeling & Lake Erie RR 4s
101
88%
'*
J-D
95%
100 A
103
1
8
94%
99%
99%
1
99%
96
A—1970
ser
3%s
Funding &
116%
96
90%
Pacific—
Orleans
Ry 1st ref 4s
income
13
104% 105
A-O
1990
5s
&
98
RR—
&
112%
103
1—2361
Western
98%
100'%
114%
98
M-N
1965
103
106%
94%
Western Maryland 1st mtge 4s
1952
Western Pacific 4%s inc A_—Jan 2014
100
95%
100 %
—
J-J
Ref
99%.
103
2361
2.65s
Ref
94%
101%
12
—
.
gold 3%s__2000
stpd
5s
Registered
96%
96%
J-J
J-J
*10
98
102%
92%
ref gtd
Ltg
mtge
West
57%
100%
(subordinated)
1st
West
97%
61
93%
Gen
104'A
38
RR
Westchester
105%
46%
debs
Warren
113'A
Wt-
*51%
M-N
97%
Baking Co—
Washington. Terminal 2%s
Terminal RR Assn of St Louis—
1st
105%
107% 107%
Apr
2%s
1st
105%
105%
Apr
Westinghouse El
Texas
105
—
*101%
,
Apr
5%s
98.
110
108%
-
Jan 1981
Ward
120
91%
6
103%
94%
84%
94%
105
,
*—
F-A
76%
series A
.
Gen mtge inc 4'As series B__Jan 1991
■:
25-year gold
30-year 5s
Orleans
2
1
M-N
1st mtge 3%s series B__
>1971
Walker (Hiram) G & W 2%s debs_1966
Walworth Co conv debentures 3%s_lS76
89%
90
Apr
1973
&
105
*105%
-
A-O
,
! Gen mtge 4s inc
102
110
22
108%
103
A-O
_1972
Wabash RR Co—
J
78%
*106%
M-N
1966
Texas
97
W
95%
80
110% 110 %
J-J
Standard Oil of Calif 2%s debs___1966
Standard Oil (N J) deb 2%s
1971
Texas
78
93
100
95
*103
J-J
1983
1995
104
87%
84%
„
110% 110%
97%
A-O
Spokane Internet 1st gold 41/2s__2013
92%
V
81
77%
A-O
1996
*79%
*93 %
110%
A-O
1956
„_1956
imp M 4s series C—
imp 27/0s series D
Corp 3s deb
12
A-O
1973
•
J-D
1^96
—
97%
78
84%
90
debentures
93%
.
99'%
75
j
J-J
1958
96%
95%
94 %
Sunray Oil Corp 2%s debs
3
M-S
2003
5s_
cons
102%
93%
M-N
1st gold 4s
1—1951
Bell Tel 2%s debs
1985
debs
98%
95%
.*
A-O
.1949
96
93%
M-N
debentures
95
94
105
M-S
.1963
debentures
conv
124
98%
MS
Louis Div
New
—
1978
3%s
1st
1969
Memphis Div 1st gold 5s
99
90%
2
Virginia Electric & Power Co-
56%
97%
16
1977
series A—
High
96
20
78
V
96%
_1981
6%s series A
Low
99
2%s
97
92%
75
—1956
6s
January 1
93%
74%
92%
J-J
1961
gen
25/as
61%
1994
5s
gen
Co
93%
F -A
1986
&
&
99
93
Rubber
102%
1
100
93%
J-J
1st mtg 3%s ser A-1975
RR Co—
&
27/es
98%
28
100
100
Pacific
Devel
Swift
1
95%
A_
Range 8ince
Sold
No.
102%
L29
68%
J-J
mtge 2%s series F____
3%s
A-O
M-N
S
127%
95
67%
1987
—
Devel
A
100
127
~1
A-O
_1963
ZT,
Southwestern
1966
1955
103
;
127
*22
J-J
1979
1st mtge 2'As series G
Southern Ry 1st cons gold
Devel & gen 4s series A
St
89'/a
Bonds
High
1976
93
100 % 100%
68
J-D
_1985
4%s
Range
Friday's
U
Co—
mtge 2%s series E
1st
127
F-A
1965
1976
1st 4%s (Oregon Lines)
Gold 4%s
1st
II
•101 %
96
debentures
1
Southern Indiana Ry 2%s_—
Southern Pacific Co—
San Pr Term
80%
93%
gtd 5s
or
Bid & Asked
Low
109
14
100% 100%
93%
27/8s
Southern
100%
98%
10
95 %
debentures
2%s debentures™
Sale Price
High
4
85
A-O
3s
Gold
85
J-D
Tel
&
Low
Last
Period
New York Stock Exchange
J-D
ASilesian-Amer Corp coll tr 7s—1941
South
85
1966
Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s
Week's
Interest
BONDS
January 1
No.
High
debs——1971
2%s
17
Range Since
Sold
104 % 104%
M-N
Jan 2016
10414
J-J
Scioto V & N E
DECEMBER
United Biscuit 2%s debs__
M-N
1989
4s inc bond ctfs
Nov 1989
Gen & ref gold 5s series A
1990
St Paul & Duluth 1st cons
gold 4S-1968
St Paul Union Dept 3%s B
1971
Shell
Bonds
Ry—
2d
Seagram
ENDED
Friday
Friday's
Bid & Asked
Lota
.St
WEEK
FOR
Week's Range
sale
not
year's range,
in
the
§Negotiability
n
.
maturity.
by
JCompanies reported as being in bankruptcy, receivership,
the Bankruptcy Act, or securities assumed
by such companies.
101
♦Friday's bid and asked prices;
102%
94
ABonds
selling
94
included in the year's range,
d Ex-interest,
e Odd-lot
sale not
Under-the-rule sale not Included in the year's range. rCash sale
y Ex-coupon.
year's range,
impaired
92%
93%
no
or
77 of
reorganized under Section
■
•
sales being transacted during
flat.
current
.
.1
week.
\
4-
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
in
and
the
deferred delivery
week
in
which
they
sales
are
No
occur.
AND
YEARLY
RECORD
disregarded in the week's range unless they are the only transactions of the
week, and when selling outside the regular weekly range
account
is
taken
of
such
sales .in
computing
the range for
are
shown
the year.
In the
following extensive list we furnish a complete record of the transactions on the New York
Curb Exchange for the week beginning on Saturday,
Dec. 11, and ending the current
Friday, Dec. 17.
It is compiled from daily reports of the Curb
Exchange itself, and is intended to include every security,
whether stock or bond, in which any
dealings have occurred during the current
year.
RANGE FOR
Friday
STOCKS—
New York Curb
Sale Price
..-Par
ACF-Brill
Acme
Aluminum
Acme
Wire
Adam
Hat
Aero
warrants
Motors
Co
—1
Inc..
Air
Associates
Air
Investors
(N
1
J)—
1
common—™'
_2
preferred
Electric Appliance
Great
Power
4.20%
3
Soutnern
Alabama
Alaska
Airlines
&
Fisher
Inc
Internat
Allied
Products
Altes Brewing
Bros
Aluminum
$3.75
Co
Goods
Industries
Aluminum
Ltd
American
Beverage
3
Book
Cities
6
100
3
3'/a
600
6%
6%
400
1%
90%
4%
4%
preferred
For footnotes
—
see
3'/a Mar
Feb
200
4,700
Feb
87
Jan
2%
American
Jan
9%
Aprv
3% May
38
16%
17
850
American
American
Potash
4"% May
May
American
Oct
Nov
22%
49%
6,400
Apr
Nov
Nov
22
Jan
47%
Dec
69
Jun
89'A Aug
98
22
50
48%
48%
49%
4,400
36
1%
1%
3,500
1
l'/a
1 Va
1%
66
66
6%
6
Mar
Va
6%
Apr
109 % 103%
Thread
34%
14%
75
150
18%
24%
18%
24%
18%
8,100
—
—
15'A
14%
75
400
—
15'A
1,000
1%
Feb
28
Dec
34%
13%
High
3% May
40
Jan
Dec
43%
Jan
Dec
21%
Jun
32%
24
Dec
15%
Feb
22
Oct
30'A July
33
Nov
18
Jun
Feb
7
Jun
Dec
13
14
Dec
3
4%
47%
16,800
10'A
10'A
100
40%
40%
200
38
Mar
23
400
x22
Nov
36
22%
22%
23%
4,400
X21% Nov
25
24%
3%
%
26'%
8,400
18% Mar
300
Jan
51
22'%
4'%
—
—
*
—
10
4%
5%
2
4%
5'A
3%
U
58 %
4"%
5%
„
%
10c
2
Angerman Co Inc
Anglo-Iranian Oil
"90
Jan
5% Mar
7%
Jun
16 % Mar
19% May
31
Feb
41%
107
Sep
Nov
113 % May
57
B
5
Anchor Post Products
2% Aug
2% Jan
—*
preferred
American Writing Paper common
5%
Jun
Dec
50
$6
American
Dec
Nov
100
Amer
Jan
65%
1,200
—
*
_
56
.l'/a
7,000
A
Republics
13
30
17%
class
Seal-Kap scommtfh__,
Superpower Corp common
series
preferred
27 %
11,300
'
38%
13%
34%
—
*
—
Chem
Nov
Dec
37 %
Co
&
Mar
7%
%
17%
377/a
Low
900
28
Range Since January 1
High
10%
Feb
3
% Mar
16,200
36%
Oct
Jan
-
Jan
Jan
27% May
5% Jun
1% May
May
7%
200
1
Shares
2'A
28'A
2'A
-
—
(—1
Co
American
300
*
•
B
7
4
T%
——1100
page 37.
Class
Dec
Nov
15%
•
25
Products common——2
Meter
Sep
27 %
10
com
-Maracaibo
Metal
Oct
95
1
American
American
94
5 %
47%
.-1
Co
Laundry Mach—__——20
Light & Trac common
25
preferred
•
25
American Mfg Co common—
25
105
12 %
47%
preferred
Rubber
6 %
4 Va
17
Hard
Sales
for Week
Jun
8% May
7%
1
Jun
convertible
2
»/2
2%
—
American
6% Aug
14%
Light—
common
Electric
Oct
Apr
5%
79
90
100
;
&
2%
Nov
■
94%
—
—
Gas
5%
Nov
of Prices
Low
common-—10c
preferred—.——1
convertible
$2.50
27%
class A
Co
&
Nov
6% Aug
$2
American
*
common
Power
1%
9%
Range
Sale Price
American General Corp
Oct
7%
Week's
Last
Exchange
Par
Apr
36
7%
_
Co
Dec
36
~6'A
♦
Car
American Fork & Hoe
4%%
800
600
■>.
—100
common
common
Bantam
American
l7/a
"9%
6
Jan
—_•
Mfg
American
B
1%
9%
6
3% May
5% Mar
*
_*
common...•
Nov
4'A
New York Curb
High
Nov
2%
300
:_1
1—;
America
cumulative preferred
American
1%
"4%
1
Co
Aluminum
Class
—1
—
common
of
1
31 %
100
Investing Corp™
1
(Mich)
common——5
Aluminum
American
2,500
.—50
pfd—
common
Allied
Altofer
2%
1(1
Alabama
Alles
2%
5
Convertible
Air-Way
Low
*
common
Inc
Friday
900
2%
17
STOCKS—
Range Since January 1
High
l'/a
"4%
<
DECEMBER
-
Shares
1
1
Supply Mfg—.
Surpass Shoe Stores
Mfg
Low
Sales-
ENDED
for Week
10
common
Agnew
Ainsworth
Range
of Prices
l'/a
Alloys
Stores
Week's
Last-
Exchange
WEEK
Amer
common
Co
dep rets ord reg
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd
!
Inc
Arkansas Natural Gas
Common
6 %
Feb
72
4%
Apr
5
Jan
5
Nov
9
Jan
Oct
5%
5%
5'%
'5%
Dec
8%
Jan
1
8%
8%
8 %
300
5%
Feb
8'A
Sep
—£1
-1
1
100
15%
2%
8%
103%
14%
2%
15%
2%
x8
8%
102% 103%
3,225
13%
Sep
19'A
2%
Oct
1
common-
class A non-voting
preferred
42%
,
Ltd—
Angostura-Wupperman
Argus
210
1,200
3,400
•
•
10
■
3%
3%
5%
5%
6
6
10%
10%
3%
6
6'A
10%
200
4
Jun
Jan
.
2,200
550
x8
Dec
98'A Jan
12%
Apr
108% May
900
3%
Dec
6% May
1,400
4%
Feb
8% May
10,800
4%
Feb
8% May
1,500
10% May
11
Nov
1 i
U
RANGE
WEEK ENDED
FOR
EXCHANGE
CURB
YORK
NEW
Monday, .December 20, 194,ft
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2566)
DECEMBER 17
8TOCKS—
Range Since January 1
pfd—
Arkansas Power & Light $7
Aro
Equipment Corp
-2~80
Electric Industries—
Associated
rets reg
Associated Laundries of AmericaAssociated Tel ft Tel class A
Aruerican dep
Atlantic Coast Line
Atlas
Corp
Atlas
warrants
—
57/a
%
6%
Va
Jan
21%
Dec
4%
Apr
Dec
64 %
Jun
20%
20 Ya
21%
20 Va
3,800
?% May
Fen
3%
19,300
5%
1
Jan
Feb
48 Va
200
4%
Dec
2% Mar
2,000
49
48%
49
8%
Dec
575
32
Dec
May
'
3%
~~7%
7%
9%
9%
37/a
Dec
6%
1,000
6%
Feb
9% May
600
7%
III 5
1,100
4%
_•
Automatic Voting Machine—.
Jun
100
3%
3%
3%
in1
9 %
Dec '
10'/a
1
Products Inc..—
Avery (B F) St Sons common
6% preferred
Ayrshire Collieries Corp com
Jun
23
21
20
20
4%
Plywood Cotp
Automatic Steel
14
Feb
*
»
I—I
—50
Co
Dec
12%
6%
6%
6%
...£i
Fisheries—
Coast
Atlantic
77/a
7,200
19
17%
Aug
1,200
8%
7%
8
18 %
1
Ashland'Oil & Refining Co—
115 %
Feb
112
.
Apr
16% July
24%
S
16%
16
16%
-
1,000
Feb
26
July
15 %
—25
Feb
27
Jun
Airlines
Colonial
Sand St Stone Co
Coiomal
Colorado Fuel St Iron
—
Compo Shoe Machinery—
Vtc ext to 1956
B
Baldwin
1%
35%
100
34
Jan
38%
Aug
8%
700
8
Nov
14
Jan
35%
10
8
_1
common
American
,10%
shares
Steel
Corp
Barlow St Seelig
Mfg—
$1.20 convertible A common
Basic Refractories Inc
Baumann
5%
11,300
5%
5%
300
5%
Jan
25
9 V2
Dec
5
St Co common
9>/4
9%
9%
-1
.
_1
(L)
(A S)
Bellanca
Aircraft
Bell
of
Tel
1,700
1%
700
1%
35%
1,150
35 Va
Dec
9%
1,300
7%
3
Co
Breeze
Corp common
Brillo
400
23
Dec
50
67
Dec
80 %
25
25
29
68%
68
68%
80
18
18%
340
15%
5%
57/8
13%
13%
11
400
5V2
Jan
•„
19 % May
11% Mar
Nov
24
Dec
9%
Jan
14%
Jun
14%
Apr
lb
Feb
22
25
'
j uiy
Co common.
97/a
9%
£1
1%
21%
25
4%
~8%
i
__
Tobacco
Curtis Ligntlng
Curtis
20%
8%
200
Mfg
Dennlson
Steel
Sep
2%
Jan
Jan
23%
Dec
3
Apr
Sep
27% May
Sep
57/a July
Pep
20 %
>
Dec
Dec
Sep
%
12,700
Dominion
2%
12 % May
11%
Apr
2 Va
35
Jun
8%
100% Mar
6%
Dec
8 % May
Nov
4% May
Jan
18
"9%
•
9%
•
—
—
—
—
Power
35
'
.
■
i'
■
.35
50
.
—
8'A
—
2%
2%
41%
...•
'
Hosiery class B common
9% Aug
10
15%
14%
'
10
"•»
— —
I
1,800
20%
Dec
3%
East
ft Fuel
Gas
4%%
100
10
May
17% Aug
9
Feb
8
Mar
Jun
1%
Feb
12% May
12%
Uct
145
July
2% July
♦
V
24%
800
18%
Feb. '
11
500
11
Dec
1,100
,
7%
6%
1,700
6%
8
2%
23 Va
$7
preferred
2%
Sep
15
700
7%
Oct
12 Va
Jan
2%
Nov
3%
Jun
May
Jun
29
21% Mar
23 Va
75
13 Va
13%
500
11'/a
Feb
16% May
9%
9%
100
~9%
Feb
11% May
61
Dec
79 V4 May
30%
Dec
40
Jun
125
63
31
73
61
50
72%
Nov
83
May
300
61
31
.
74%
..
74%
6 Va
6 Va
6%
900
6%
Oct
8
Jan
2%
2%
2%
200
2 Va
Nov
2%
Dec
14
11% July
•
3 Va
4%
4%
j
Jan
5% May
Nov
Dec
16%
Sugar
1,100
Jun
73 %
83
Nov
58
300
71%
"2%
63
64
—
—
55
350
51
13 Va
300
10 %
62-%
1
1
*
61%
61%
Washing Machine class B
10%
9%
Electric Bond ft Share common
B
10%
of beneficial lnt
Electric Power ft Light 67
Dec
6
Jan
Electromaster
Dec
53
Jan
Jun
6%
Jan
10
Sep
Sep
10
Sep
400
Sep
4% July
1%
5%
5 Va
Jun
600
4%
Dec
7%
Jan
1%
31
Jan
4% Nov
4%
4%
3,500
75%
130
73%
Oct
15 %
15%
100
15 Va
N6v
1
preferred
Esquire Inc
Eureka Corp Ltd
;
Eureka Pipe Line common
32,100
60
6
1,000
4%
10%
700
9,900
4%
4%
97%
97%
20
6%
6%
300
11%
11%
1%
1%
1%
35
1
—.—
139
10%
10 Va
1
Inc
convertible
.75
6
pfd
100
Empire Millwork Corp
—...—1
Emsco Derrick ft Equipment
8
Equity Corp common
—
lOo
63
-
5,700
11%
10%
Empire District Electric 5 %
110 Va
12
139
2d pfd A—*
2%
Dec
Jan
88
Feb
13
May
■4% May
Feb*.
2%
57
53
41 %
Jan
49
75
*
May
81% May
Nov
Associates-
320
2%
May
88% July
65 % Mar
64
Apr
108 Va
7
Feb
Mar
76
475
..25
shares of beneficial lnt
65 pfd shares
Easy
3 Va
225
73%
$6 preferred series B_
Eastern
4%
78
76
77
A..
10
100
Jun
7%
4,000
*
~2%
series
Dec
74%
4%
l
Jun
23%
M,
„
.100
preferred.
8%
—
Oct
Jun
28%
"14
Feb
5%
11%
7%
2%
-lOt
700
34
4%
2% Mar
2%
7
Assn common..
Option warrants
Electrographic Corp common
4%
34
Oct
Jan
'11%
Mar
9
12%
Dec
20
4%
10
Apr
19
2%
1
prior preferred.
18
Apr
xl4% Mar
13,500
Sep
140
Nov
%-' Aug
5
——
•
Nov
14%
23»/a
-.23%
Eastern States Corp.
„
1
Co
-
_
__
130
12%
11
V
*
Corp common
2t%
—
Aug
8% July
5% Mar
3,800
131
131
'r'
30
300
10%
Texas Sulphur..
Duval
Dec
—
Nov
■.
Eastern Malleable Iron-
1,400
2%
Aug
35%
Oct
-50
•
1*
£1
1
Co
Oct
250
8%
Feb
'6V2
3%
Dec
7%
10
•
•
10
(The)
Feb
9,400
—n-
2%
2%
1
OCt
37%
NOV
2%
30
7
10
5%
1,700
2%
30
7
•
reg
Aug
100
~V/a
3
Jan
17%
•
or a
25
—
42%
8
Dec
200
5%-,.
2%
.
•
■
5%
.
2%
:
1
Co
rets
aep
16'A
—
20%
1%
20
—.
11% May
Nov
32
Jan
104%
Dec
13
1
—
20
139%
"l%
_5
6%
4% May
£1
Corp
22% May
"
-•
200
7
20% May
Jun
Nov
8
3'A July
"
•
—;
26
30
101% 101%
6%
V—
Dominion Textile Co Ltd common
12 %« Feb
—
—
—
-
Dec
1'6 %
T-13% Mar
Jan
Feb
2
100
20
„
2s 6d
common
35
150
4%
4%
1
1
10
Va
200
6,800
1,300
iV
July
Aug
63%
fceb
14% May
9%
Feb
16%
Feb
150 %
Oct
Feb
7
July
126
3%
10
Sep
Oct
Jun
14% May
2 Va Mar
4%
Dec
Jan
98 Va
Dec
Dec
8%
Jan
Feb
15%
Oct
92
6%
11
1 %
Feb
2% July
33 %
Nov
46 % July
4%
51,800
,
14
Feb
0%
50
Nov
%
Dec
20'/a
ltf
•
Aug
8% May
3%
Jan
.30'A May
38 Va May
8 Va
Jan
Power Co—
100
SCentral States Elec 6%
1
—
100
,.5
preferred
100
Century Electric Co
Cessna Aircraft Co
100
100
1
56%
6%
60
.
Co
Co.
common
Clayton & Lambert Mfg
Clinchfield Coal Corp common..
Aluminum Products Co
For footnotes see page 37.
Fire Association
Jun
54
Feb
60
6
Sep
21
7%
5
Sep
21% May
10
July
14 Va May
67/a
6%
7
3%
4%
2,000
7%
7%
200
250
86 Va
Jun
May
.11
5%
3%
14%
14%
14%
57%
6%
6
13
14%
825
Jun
Dec
25 Va
Jan
54
'300
56%
Dec
-10%
100-
Feb
7
Apr
70
Jan
15% Aug
11
56%
18
Jan
~5% ~6%
500
5%
Jan
6%
1,300
5%
Jan
5%
8%
Apr
Jan
Jan
7% May
7% May
1 %
1%
3,000
%
Feb
1%
Jun
10
43%
43%
45%
25,800
31%
Feb
66%
Jun
8
10
12%
12%
13
600
11 % Mar
lOVa
10%
200
9% Feb
14%
15
1
1%
I
1
1
800
2%
2%
1%
1%
2
9'%
9%
600
33%
4,000
33
30
14
250
2%
4
20
1
•
10
lOo
1
First York Corp common
675
(.Pbllaj
Feb
14% May
11
to
Motor
Class
B
<
4%
61 Va
30
46
2%
100
2
31%
31%
31%
75
30
'Nov
14
15
200
14
Dec
4%%
conv
18
10%
Jan
Garrett
51
July
5 Va May
4%
1,000
3%
Aug
700
16%
Jan
23 %
Jan
35
; Aug
2
Jan
Oct
H Dec
8,600
U
18
97/a
9%
400
7%
Feb
10 Va
8
8%
7'A
Nov
19
Jan
8
7%
8
1,150
1,000
6%
Sep
9
Nov
.
Sep
50
24%
24 %
100
24
Dec
32
Jun.
8%
9'/a
1,200
8
Nov
12 Va
Jan
12%
9
Gatineau Power Co common
3%
Jun
Jun
5%
Corp common
preferred...
5%
300
5%
Dec
7
Feb
15
July
GeUrnan Mfg Co
4 Va
4,000
3%
Feb
8
July
General
!/a
Jan
Alloys
,
May
Jun
7% Mar
Jan
r
2
—
Co
4%
24
'
Oct
Apr
38 Va
8
preferred
(Geo A)
Apr
3% May
8%
.
(Peter)
Fuller
Jan
21%
4%
4%
1
Pitt
.1.28
Brewing
1
Franklin Simon ft Co Inc common
Fox
'•
France—
7%
5%
•
Jan
59%
2%
21
dep rets bearer
Brewing Co
Amer
Fort
July
5% May
15 Va
18 '/a
£1
ord reg
of Canada—
of
29
Jan
Nov
voting
Motor
Jan
3%
9%
58%
Class A non-voting
Ford
9%
9,200
5,600
?25/a
1
$1
Amer dep rets
Ford
2,500
4%
11%
(
(M H) Co—
Stores
Ford Motor Co Ltd—
5c
18%
37/a
10 Va
•4
Apr
19
62 div cum preferred
15 Va
17%
10%
Flshman
1% Feb
1% Feb
4,200
Cockshutt Plow Co common
Development ordinary
Oct
21%
390
7%
•
City Auto Stamping
City ft Suburban Homes
11%
Sep
7%
~3%
•
Voting trust ctfs
1
ft Instrument
5%
1,450
Fansteel
Engine ft Airplane
Metallurgical
Jun
8%
28,200
7%
5
Chicago St Southern Air Lines
Chief Consolidated Mining
Cities Service common
7
10
4
common
Chesebrough Mfg common
Chicago Rivet & Mach
Claude Neon Inc
7%
10
common
Controller
58
2.50
.
11 Va
Falrchlld Camera
Fair child
90
"*
10
common
common
Chamberlin Co of America
10%
11
July
84
19% May
Apr
Feb
82%
7%
preferred—100
Conv pfd opt div ser
Conv pfd opt div ser 1929
Colon
Feb
Oct
7%
—
20
£1
preferred
Mfg
Apr
Apr
950
Dunlop Rubber Co Ltd—
*
100
20%
——
—
——
1
(J W) Co common
Clarostat
3
1% May
Ltd—
Oherry-Burrell
3% May
Nov
•
Duke
3,100
•
Central Power & Light 4% pfd
Central & South West Corp
Club
2%
2.50
Central Ohio Steel Products—
Clark
2%
i
dep rets A ord
dep rets B ord
Charis Corp
Nov
1%
-
•
Tar
Sep
'
ioo
com,
Catalin Corp of America
7 %
3,100
•
Carolina Power & Light $5 pfd
Cars-Consolidated Biscuit Co
3.50%
2%
400
Zboo
Bridge Co Ltd
Jan
,
,,
7%
•
i
common
Central Maine
2,300
1%
101 Va
25
Corn
Carman ft Co
ft
2%
.
Marconi
(A M)
16%
2%
T 'Va
■
Jun
9
.16% Mar
ft Ohem Co Ltd
6%
6%
•
Carey Baxter ft Kennedy'Inc
Castle
-15%
..
40
Dominion Steel ft Coal class B
3%
.
6%
•
common
Canadian Industries Ltd-^
1% preferred
Products
Dec
Feb
4,900
Dominion
3%
—.
'
Class A voting
Class B non-voting
Amer
570
5%
3,100
18%
Oct
13%
300
3%
__
20
Convertible
preferred
Canadian Industrial Alcohol-
Casco
500
3;4UO
8
31 Va
Jun
1%
•
common
Jun
Muy
5%
6%
31
May
5%
Dec
1%
__
1
preference
10%
y V8
Feb
7 Va
•
common
10% July
100
20%
Jun
5%
2%
32
Draper
3,700
20%
Job
,
1%
5%
~
10
Driver Harris Co
1%
5
'53%
'
7%
-
12
Jun
~i
Camden Fire Insurance
Canada Bread Co Ltd
Nov
6%
Jan
4%
Feb
%
xl7
_ir--r-
Domestic Credit Corp class A
Jun
10% Mar
'
Tungsten Corp
3T%
"5%
1
Amer dep rets ord reg
Dobeckmun Co common.——
17%
11%
5
Oct
3
300
8,200
Jun
9%
'56% May
Distillers Co Ltd—
24%
—
May
6.
15% May
'
Reynolds class B>
Diana Stores Corp
Dec
11%
l
;
•
Sep
Mar
3%
% May
11% Apr
'
8
Products
12
,1%
3%
'
Dec
45
-3,500
%
.%
%
*.
42'
41"
41%
,
:
iuU
Va*
3
3%
- "
8,800
4b 72.
46
B
Gray Iron Foundry
Detroit
16
1%
£1
California Electric Power
Carter
Feb
6%
:'1
-6
-
"17% May
•
—100
100
11%
50o
pfd
Calamba Sugar Estate
Calif Cotton Mills Co
Amer
Jan
4%
J
—50c
debenture
Duro Test
Carreras
Jan
13%
—35
jUurnam
Cable Electric Products common
Cables St Wireless—
Carnation Co
Nov
3%
300
Jan'
"
Duraloy
new
8%
900
17%
class a common
1,100
25o
City Products
2,200
15
Jan
2%
%May
31%
Derby Oil Co new com.
_
Detroit Gasket ft Manufacturing-
Axiior
Capital
8%
4%
8%
4%
14%
-2.B0
Dayton Rubber Co class a
Delay Stores common
20%
12%c
Butler (P H) common
Canadian
4,600
2.50
——8
Day Mines Inc..-...:
705
%
Fen
1,900
%
10c %
Detroit
7
1,200
,13
—III.
8*%
11%
8%
common- —1
Inc
Davidson-Brothers
11%
13
j
40
%
.
Oct
15%
Dec
Nov
100
■■■'
Jan
D
Feb
4
11
Feb
1%
11%
7
Mills
Davenport Hosiery
Jan
4%
2,400
23%
8%
23
•
Burry Biscuit Corp
5
2%
II Va
2,bOO
.
j
5% July
Dec
1 %
5
Inc common
(Mo)
Mfg Co
I
1,600
common.
12%
10
2,100
•
2~50
Burma Corp Amer dep rets—
10%
10
10%
—2.50
_
Canadian Canners Ltd
200
100
preferred
5%
Cuban
13%
1%
~1Q
Bunker Hill ft Sullivan
Burd Piston Ring Co
6% %
1 %
2%
•
Oct
20
*
B
Canada Cement Co Ltd
NOV
2% Mar
1,800
13%
4%
10
Oct
1%
700
21%
l
Buckeye Pipe Line
Callite
Aug
112 %
27
1%
preferred.
Devoe ft
V/a
*
Brown Rubber Co common
Bruce (E L) Co common
rets 5%
49
Feb
2%
Crystal Oil Refining common
8%
50
lOa
Brown Forman Distillers
4% cum Junior pfd
American dep
Nov
72%
'
$6
11% Aug
8%
z21V«
11%
B
•
25c
Cent
8%
£1
Ltd—
class
ft Co
—
Petrol (Md)
Cork Internat'l "A" partic
Milner
Crowley
Crown
Feb
Jun
1,100
3%
'•
Jan
>107
1,400
2%
%•
Jun
May
9%
1%
1
* /"
1
Orosley Motors Inc
8%
70
21%
12%
.
Oct
114 %
Nov
26%
1
Brewing Co
95%
107 %
'
Amer dep rets ord reg
British Columbia Power class A
Class B
_*
Bruck Mills Ltd
100
Feb
12%
*
Tobacco—
dep rets ord bearer
dep rets ord reg
British Celanese
Sep
6%
26%
(ord reg)—£1
—-5
receipts
dep
American
8%
22 % July
15% Mar
200
19%
19
Dec
107
3%
3%
preferred class A.—.—
•
commort
—.j—.1
5% convertible preferred.
—60
Croft
Oct
30
Jun
Dec
1,200
13%
19
55
100
9%
Aug
30
13%. Mar
4,800
15%
•
500
2,200
21%
Cosden Petroleum
Creole Petroleum.
Oct
5Va May
May
16% Nov
7%
15%
7%
98
X100
103
25%;Mar
109
•
97
*
—
Reynolds common
&
7%
39
"
-
10% May
•
British American
Amer
,6% Nov
2%
•
British-American Oil Co..
Amer
300
6%
•
Mfg Co common
Aug
4% May
6%
•
Class A
14 %
Feb
6%
l
Bridgeport Gas Light Co
Bridgeport Oil Co
Jan
9% May
6% Mar
25
6,800
*
Inc
Cuban Atlantic Sugar common
Sep
•
Brazilian Traction Light & Power.
Brewing Co common
Copper Range Co
Cornucopia Gold Mines
Coro
Feb
58%
55
107
1
1
-•
1
*
—5c
Continental Car-Na-Var Corp—r
Crown
18
-
Nov
3%
25
.7%'"
7%
"21%
Crown Drug
Sep
6%
x3%
100
350
V~9%
Oct
Sep
13%
3%
•
prior cum pfd
Co
Borne, Scrymser
Bourjois Inc
Apr
35
250
•
Blumenthal (S) & Co common
Bohack (H C) Co common
28 %
107%
preferred series G_
—1
Gas Utilities
:—
Liquidating Corp
Consolidated Mining St Smelt Ltd. I'j
-10
Consolidated Royalty OIL
4%
Jan
28%
900
11
Nov
•57%
Consolidated
Corroon
7% :Feo
Feb
3%
•
Consol
39
Jan
7%
11
11
29%
—1
.100
10%
,
Apr
14%
7
1
;
,
19
50
26%
13%
7%
Fdry & Mach Co com.*
common
Dec
31
26%
26%
common..
3%
Nov
9
]
5%%
aan
1%
common—
Ridge Corp
May
17
35%
Blckford's Inc
Blue
7
Dec
1%
•
Blauner's
Nov
35%
_1
...
Benson ft Hedges common
Convertible preferred
Blrdsbora Steel
Jun
.1
common—
Benrus Watch Co Inc
Aug
7% May
16
.25
common
Canada
~9% ~9%
9%
_1
Shoe Corp
18
Feb
15
-1
i.
3%
750
5,000
Courtaulds Ltd—
/
_5
Beau-Brummel Ties common
Beck
7% 'Jun
4% Mar
4%
_1
Jan
U
Jan
4,200
4%
28
•28%
$1
Banco de los AndesBarium
Sep
45
Locomotive—
preferred—
Baldwin Rubber Co
66%
Feb
2,100
55%
9 % Mays
'
'
34%
4
IIoo
^
series B preferred
Cooper
53%
52%
Dec
3%
4
-
-28
Cook Paint & Varnish Co
Babcock St Wilcox Co
•
•
Continental Fdy St Machine
Nov
3%
'
1
Consol GELP Bait common
iVa%
4%
High
5
3,200
2; 00O
4
>34%
—38
5%
4%'
%
33%
4
warrants
Co..
Commodore Hotel Inc
Community Public Service^...
Colt's Manufacturing
LOW
5 Va
'
■4%
Iv
Rang*'Since January 1
4
5%
—l
—
Shares
High
Low
Par
High
Low
High
Low
Par
for Week
of Prices
gale Price
Csrfc Exchange
fork
Maw
Range
Last
STOCKS—
Shares
of Prices
gale Frlea
Exchange
Curb
Yark
Nnr
Bang*
Last
Sales
Week's
Friday
Sales
for Week
Week'i
Friday
*
common
Co
—
1,100
100
1
•
6
1%
6%
600
1%
1%
1,000
'Feb
15%
Jun
13%
Nov
-17 Va
July
84
13
Feb
92% July
6
Nov
10 Va
1%
Dec
Apr
3 Va May
'
Volume
Number 4761
168
THE
COMMERCIAL &
NEW
YORK
RANGE
Friday
STOCKS—
New
York
Curb
Week's
Last
Exchange
Sale
cony preferred
5%
(AC)
7%
3%
3%
3%
iiaao
7%
4%
20%
.7%
4,100
6%
Jan
5%
6%
2,000
5%
Dec
Nov
10% May
Apr
Lanston
1
21%
21%
100
18%
Feb
2$
6
Feb
r
~9%
9%
400
8%
Nov
10
23%
Nov
x9
Mar
tfeb
100
Apr
117
Jan
Le
5%
Mar
Jan
1X0 Mi
Feb
Line Material
5%
Sep
Jfi
JaD
?"*%
Dec
12
Jan
Apr
21 Va
Feb
35 %
Lit
Oct
18%
Jan
21%
Jan
13%
13%
14%
300
12%
Aug
15%
Jun
••2%
700
2%
Nov
3%
Jan
50
39%
N-ov
50%
Jan
23
,
--
«
29%
1,350
22%
1
—.
%
—
—
Feb
29%
Oct
91
%
5,400
%
Nov
i,'
52%
Nov
5%
100
5%
Sep
62 Va
64%
300
50
10%
1-1%
900
10%
6
V4 Mar
9%
1,000
7
Mar
-1-11%
225
91
Feb
120
10
10
133
Apr
lap
64%
pfd_„25
11
••
36
Dec
700
8
May
130
97
Nov
Nov
1
5
8%
Great Atlantic ft Pacific Tea—
•
8%-
110
110
137%
36%
137% 137%
__25
Grocery Stores Products common__25c
Gulf States Utilities $4.40 pfd—
100
V 99%
100
36%
x8%
T
37
X8 %
8%
99% 100
•
Mar
67
HammermiU Paper
n arum a
new
Rayon
com.:
Dec
18 Va
15%
15%
—25
46%
46.
1
2%
Helena
Rubinstein
11
fl
9%
13%
•
•
Co
94%.
68
8
Co
10
10%
1
common
28%
ft
Co
100
150
3>/8
7%
144
Hecn ft Hardart common
I* preferred
Hubbell (Harvey) Inc common,
144
30%
148
•
J
3
Mar
24
Feb
32 y4
Dec
20%
148
31%
700
21%
200
74%
5,700
2%
200
5 %
75
30
1A«5%
Refining—
Hufd Lock- & Mfg Co
Hussman Refrigerator $2.25 pfd.
Common stock warrants
74.%
73%
2%.
.
3
3
Jun
wrfwest
3%
2,100
3
675
19
2%
2'/4
17%,17%
100
17%
.
Hygrade Food Products
2 %
200
16
Feb.
Co
Co
common
Imperial Chemical
•
dep rets registered
Imperial Oil (Canada) coupon.....
Registered
£1
•
1
ft Ireland
16%
8%
Dec
16%
Nov
5Vb
17%
6,800
-11% Mar
11% Mar
!■-,
—
9%
88%
106
•
106-
10%
10
50
-89
107
92%
Feb
10
2,000
Dec
Hydro-Electric—
Preferred $3.50 series
50
47
48%
800
Dec
59
Oct
5,900
14
10%
300
9% Mar
13%
9%
17
x22 %
10
Safety Razor B__
Iron Fireman Mfg
1
5
1—
'
•
9% Mar
12%
2,200
1%
1,400
3%
—'
«Mar
1%
4
%
%
,
-
900
4%
■
Dec
1,400
—15%--45%
—_i
Italian Superpower Corp com cl A
1
12%
V
x—
—*
new
10%
1
12%
__i
vtc
11
9%
•
common
Irving Air Chute.
Jan
July
37"
37%
75
Dec
17 Va
Dec
36% Nov
44%
Apr
17
July
30% Aug
8% Dec
13% Dec
2&V4-Jan
29
Va
8 %
1,000
14%
3,500
1%
4,300
8
12% Mar
1
Jan
3V« Mar
Nov
10% Jun
109% 109%
75,
4%
4%
1,100
3%
4 VB
Feb
108
1,200
3%
111
7%
Feb
Jan
Jun
6% May
3% Feb
43
July
Jun
BO
5%
100
5%
2.60
8%
5% Fetf
Jun
7%
400
7
Dec
10 Va May
1 VB
1%
1V4
4,500
1
Nov
2% May
6%
6%
6%
800
6
Dec
1
v
7%
•
7Va
7
7%
1,100
6%
Sep
10
Feb
32%
Apr
Oct
3,000
5% Feb
8%
Apr
34,600
5%. Nov
6%
Dec
Dec
13%
Jan
23
Oct
28
14%
Dec
25%
Apr
5
May
t c_l
19
'I
1
6%
7 Vb
6%-
9%
Jan
6%
6%
•
9%
9%
10
9%
75
•
•
14%
14%
16%
1,075
3%
3%
3%
200
10
19%
19%
19%
700
~2%
13%
Plan
~2%
3,200
2
x7%
600
7
31%
100
9%
1,300
9 Vb
9%
30%
Jan
Mar
Mar
104
Jan
Dec
27
Jan
24
7
7
7%
4,800
6% Mar
1
pfd
£%
2%
3
3,900
2%
of America
Tel
•
170
•
33
100
98%
250
2%
2,100
50
169% 170
30%
3%
3%
23%
Dec
96%
Jun
103%
Jun
162
Aug
400
3%
30
Nov
W**
'
4,100
3%
400
12%
Feb
32
500
26%
Jan
"103% 103%
10
1
97% Mar
23
Sep
25
July
25
10 %
400
x9
10
25
10
*
2.60
3 Vb May
178% Jun
40 Va
9%
900
8
400
11
100
9%
Dec
Jun
4% May
Feb
14
31%
31%
"
Oct
6% Jun
96% Aug
2%, Dec
86
110
33
8%
Feb
13%
*
Tel
87
2%
10c
common
100
86
-
,
1
10
ft
24
98%
108
——100
Producers
May
10% Sep
5
24
common..
Jun
5
•% May
35
96
•
1
Corp
Apr
22% July
Jan
31%
Apr
24
Mar
7 Vb
50
•
pfd series B
States
Feb
"2%
.—50c
common,
Corp
cum
3% Aug
18
Feb
17%
34%
115
Apr
Nov
July
27
Aug
33% May
13% Jan
Jitn
900
47-
•
shares
International Products
International Utilities
Investors Royaltv—
May
3
Jun
10%
700
1
Mt Vernon-Woodborry Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
MuRkogee Co common
Apr
11%
Sep
9% Mar
24
10%
17%
.260
convertible preferred
Mountain
Feb
10%
8
42
200
17
17%
6% May
Dec
l%Mar
22% Mar
34%
1%
Refineries
cum
Morris
110% Oct
47
2% Dec
200
50e
Mountain
*
coupon
Apr
May
20% Oct
5,400
13 Va
dividend shares
Mountain States Power
shs_.*
International Metal Industries A__
International Petroleum
3
—15
Society com class A
Montgomery Ward ft Co class A
Moody Investors partlc pfd
Apr
15-
3Vb
13
5%
2%
5
13% Jan
July
Feb
13 % Mar
10
96
Oct
88
400
10%
-
8
40
9%
x88%-
100
—
Monroe Loan
17% Oct
12% July
Jan
8%
1,800
10
18%
—
Co..„
4.40%
Oct
16%
Va
Nov
39% Sep
1
Missouri Public Service
Feb
15%-
\
9%
~1%. 1%
1
Jan
3%
9%
£1
.
International Cigar Machinery
Registered
1,600
1,500
9
Indianapolis Pwr ft Light 4% pfd—100
Insurance Co of North America
10
International
9%
4
•
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
International
9
28
Feb
2% Nov
Mining Corp of Canada
Minnesota Power & Light 5% pfd—100
Jan
4
s,
,
'
—
Apr
May
,1%
common
4.$0%
9%
Industries—
Amer
16% Jun
13%
.—
Abrasive
Oil
4%%
Jan
25
17% May
Feb
•
Jan
%
Dec
12
1
Monogram Pictures common
Monongahela Power Co—
Zinc
Aug
5%
10%
400
9Va
100
Co—
Molybdenum
Illinois
9
200
2,100
5Vb
preferred
Millar Wohl Co
3% May
Feb
Jun
8%
1
Midwest Piping ft Supply common
Jun
7%
42
Dec
18%
13%
1
rw
Mid-West
Jan
7%
Dec
Hydro-Electric Securities
Midvale
4% May
44
Dec
21%
112 %
11%
—
$2 non-^cum
88
19,
23%
Apr
'
•
Co
ft
Co
Midland OH Corp $1 conv pfd—
Steel Products—
Mid-West
20
1st cony preferred.
Jun
Feb
Nov
12%
Midland
Jun
Apr
110
8
*
Ex-distributjon 4
35% Jan
NOV
15
10
1,000
Dec
Middle West Corp—
Jun
4
9,000
13 Va
"76%
21
3
preferred
24%
2%
19%
33%
Dredging
Iron
J10*/.
41 % Mar
"5%.
5%
common.
A
Tan
Feb
Apr
& Co class B—....j—•
Mfg
19% May
x65
Mar
11 Va
1
Micromatic Hone Corp
Middle States Petroleum class A
Class B v t c
Jan
30%
Dec
49
44
-10
V
Dec
21
-i—5
Jan
85
175
1,150
July
13%
1
common
Michigan, Bumper Corp.
Michigan Steel Tube
Michigan Sugar Co common
4V4 May
Sep
Sep
1
74
18
Participating preferred-
Apr
45
139-'
10
% Mar
8,500
U
83
12%
11%
10
Metal Textile Corp common-
Oct
70
Feb
7 Va Mar
Chapman ft Scott Corp—
Mesabl
6 %
39% Aug
18
800
£1
,._
Johnson
6% %
Apr
600
,,,
.
Warrants
Nov
15 V2
7,000
24% Jun
36% Jan
24% May
34
preferred
Merritt
Jan
11 Vb
30
26
Feb
18%
common
(AG)
Menasco
Nov
■
200
...100
ft
75
55%
25
Aug
Apr
Feb
20
•
,
common
McWilliams
Mead
Apr
Jun
17%
May
112 % 112 %
18%
common
Corp
$2.50
11 % May
98%
7%
45
1
1
Shovel
Mfg Co
McKee
July
Sep;
45
.
New
Jan
Dec
41
Jan
11
68%
*
common
Harris
McCord
Jan
Jun
30
Dec
78%
69%
3% convertible preferred
McClanahan Oil Co oommon
Apr
11%
Aug
5%
1,900
.
28%. 129
common..
Horn ft, Hardart Baking Co
Huyler's
68
10 %
3
.
12
Sep
17.%
(Geo A)
Qil
Nov
91
4314
9%;
3
14 %
9%- Feb
40
80
Aug
July
7%
50
10
ft
Communication Co Ltd
11% May-
Feb
8%
500;
-
>
6%
43
5
%
.70
6%
Hprdar's inc
Humble
650
94%
68
10
..i
x9
16%
Dec
10
9%
8
Nov
Nov
6%
10
l
A Co class A
Feb
10
1,000
8%
.
9%
100
Hettinger Consolidated, G M
Dec
1,900
8%.
,
9 %
100
HoUy Stores Ino.—..
Hocmel
1,400
7
11%-; 11%
8%
-__2
$%%. preferred w w
preferred w w
Henry Holt ft Co" common
Holophane
11%
20%
9%
(The B) Co:
Mapes Consolidated Mfg Co.
Marconi International Marine,
4% July
2% May
7 Va May
9% Aug
Dec
6%
600
*
common
*.%
Hqe (R)
8%
6%
11%;
Nov
1%
20%
I
Co
56% Jan
4%
.,,,10
Manlschewitz
9% May
8% Oct
Dec
2
21%
11
25
800
22%
13
Sep
19
■V
24
__
Maine Public Service
Apr
Dec
700
700
24
200
,
Dec
15% Oct
25%
22
Mangel Stores
Sep
105
Feb
900
'
5%
11
6%
25o
common
: 1 %
8%
•
A
2%
1%
~78/a
Jan
May
M
Jan
46
300
4%
.
Class
Heller Co
47%
.
12%
"7%
—
15Va Mar
Jan
1%
25
Jan
15%
1,200
2.%
Harvard Brewing, Co
_._i
Hat, Corp of Amerioa B non-vot com__l
Hathaway Bakeries Inc
l
—
15%
12%
•
common
May
44 Va
5% Sep
_
1,900
10% July
14 %
5%
5
common
Haseltine Corp
Hearn Dept Stores common
Heche Mining Co
300
•
Electric Lignt
Hartford
x5 %
25
2
McAleer
x5%
.
21%
Oct
May
May
Nov
H
5%
21%
ft
Groceterias class A.
Massey
___B
Nov
Co
Marlon Power
Lamp Co
WamHton Bridge Co Ltd..
9%
Macklntosh-Hemphill
Mar
1,000
-
-
2,500
LonglnesTWittnauer Watch Co_
Long Island Lighting Co—
Common ctfs of dep
7% preferred A ctfs of dep
6% preferred B ctfs of dep
Louisiana Land & Exploration
Louisiana Power ft Light $6 pfd
Lynch Corp
Jun
13%
-
11
Lone Star Gas Co. (Texas)
% May
57% May
9% Jan
%
•
Apr
10%
Class B
Jan
5%
50
ft
10%
Inc
%
Locke Steel Chain.
Dec
80%
•
■*
.
Brothers
Loblaw
25% Aug
Dec
1
9,100
1
9%
Jun
.so
10 %
*
10
Corp common
8
Llpton (Thos J) Inc 6% preferred—26
Jun
10
1,800
44
1
1
—2$
Lionel
2,200
2
21%.
•,
8
(RG)
Jun
21%
X42.
Tourneau
2% Mar
600
24%
Foundry ft Machine
Corp of Delaware
Monotype Machine
La Salla Extension University
Lefcourt Realty oommon
Leonard OV Development
2*
24
105%
10%
Half
Feb
6%.
5%
21%
.
11%
7%
3 % Mar
100
•
& AJabastlne
17% May
6'/a Nov
1
10%
Paper:
Dec
—I
21%
1%, 1st preferred;
Great Northern
Dec
8
Lamson
10%
stock
5
7,600
La key
*
...
400
9%
Apr
2%
150
10
•
conv
5%
8
Nov
4,400
10
1
Gorham Inc class A
Gorham Mfg common
Nov
5
9 Va
9
xi05%
3%20
:
12%
'
1
1
40
..—5
Goldfield Consolidated Mines
Goodman Mfg Co
—1
Mines Ltd
Feb,
__l
Gobel (Adolf) Ino common
Godchaux Sugars class A
Class. B,
*4.50 prior preferred
snore
Nov
95
2.bo
.
Glenmore Distilleries class B
Globe-Union Inc
High
27
25
Gleaner Harvester Corp
Glen, Alden Coal-
Gypsum Lime
Jan
6,900
•
Co
common
Ladeda-Ohrlsty
Company
L'Aiglon Apparel Inc
8
2,000
3
3%
*
Non-voting
9Va May
Dec
Low
Jun
Oct
Range Since January l
High
96%
34
1
common.
Graham-Paige Motors 5%
Grand Rapids Varnish
Gray Mfg Co
27%
5%
300
Low
Par
Dec
Baloo
Range
for Woek
of Prices'
Bkareo
Jun
110
Co
High
5%
100
34%
Woak's
Last
Balo Prioo
Kxchanga
Dec
2,100
•
Gladding McBean ft
Curb
3%
$6 prelerred
Giant Yellowknlfe Gold Mines
Gllphrlst
6
7%
34%
General Phoenix Corp
—1
General Plywood Corp common50c
General Public Service $6 preferred-.*
preferred
York
7%
5%
,—10
General Fireprooflng common
*
General Outdoor Adv 6% pfd—__100
Gilbert
100
New
22%
preferred series A
$5
Low
3%
25
General Electric Co Ltd—
17
STOCKS—
Range Binee Ja MWfl
High
3%
Ainti dep rets ord reg
£1
General Finance Corp common—_—1
Georgia Power
Shares
-
1%
15
1,300
Company
70
10%
SOn
9%
10
common
12 Vb
Jan
13 V8
Feb
2 V4
Nov
%
,
MUter
Nov
Nachman
May
Namm's
20 % May
7%
Corp
Inc
—
Bellas
National
Breweries common——...—•
Apr
Hess
1
common
preferred
7%
National
Fuel
12 VB
12 VB
5
1
common
National
Apr
1%
Dec
Oct
Nov
14 Va
May
.11% Aug
N
2% May
3% Nov
100
-
4%
5
3
2%
3 Vb
•
30%
30%
—1
Sep
1,000
4%
6,800
•
2% Mar
30%
1,170
10%
17,600
Nov
15%
7
Jan
Nov
4% July
9
9
10%
29 Vb Mar
37%
Oct
33%
25
Gas
National Mallinson Fabrics
Feb
37%
Jun
Dec
12 %
Jan
9
*
10%
11 VB
400
10%
Dec
16% July
12
12%
300
12
Oct
16
2
IOV4
10
llVa
27,800
10
Dec
17%
4
8Va
8
8 Va
1,800
10
7Va
7 Vb
7 %
900
'
Jeannette Glass Co
National Mfg
common
Jefferson Lake Sulphur Co
Jim. Brown Stores
Preference
Julian
ft
1
1
.
common
1
;-4
'
-
'
4%
3%
Nov
"5%
,v,*5%
500
800
4%
Feb
4
...
4%
434
5
200
4%',
»
Kokenge Co
4
43/4" '
4%
100
4
•
9%
■
Va Feb
% Sep
ft Stores common
National Pressure Cooker common
Jan
National Radiator Co
8% Aug
9% Jun
National Rubber
National Steel Car Ltd
6% Juji
19% Dec
25%
Machinery
National Transit
Jan
•
Co
Kennedy's
pfd
8.%
Inc—;
•
7
V
;
Petroleum.
For
see.
15
Mar
3%
3%
1,000
3
Nov
3 Va
3%
26,400
2
Nov
22V8 Jun
4% May
3% Jun
'
Nov
Apr
Feb
9 %
Jan
43%.
17
43%
17
.
2%.,
13
50
37%
500
1,800
Jan
12% May
4,000
1%
800
3%
.11
6,400
10%
.12
107%
62
Jan
5
15
*
6
100
13%
Feb
4Vb
Feb
17% Aug
7% Oct
8%
80%
Anr
Jan
13%
200
15%
500-
6
81%
990
79 Va
Nov
1
2%
1%
2%
1,800
1%
Nov
convertible preferred
20
7%
5%
7%
1,150
5
Nov
12%
New Jersey Zinc..
New Mexico ft Arizona Land
New Park Mining Co.
25
67%
2,700
Jan
72% July
8%
4,400
Feb
10% May
1%
2,900
•
4%%
New
Process Co
Nov
N
Auction
Dec
N -Y
48% Sep
19% Oct
■12% Mar
•
Nov
Nov
IS
,
4% May
20%
Dec
10
Dec
50
11%
Jun
Jan
14
Mar
Dec
16
Apr-
24%
Jun
20
275
19%
Dec
7 %
: 7%
500
6%
Feb
12%
-Mar
i
18
„
17
8
New England Tel & Tel.;
New Haven Clock & Watch
Jan
"N6v
17% Mav
Dec
6%
500
10:
-
page. 37.
11%
650
12
Brewing Col.
footnotes
10 y4
-15%
126
Feb
Co
80
67
1
8%
1
66
1%
8%
1%
59 Va
6
1% Nov
96
May
6
Jan
Jan
2% Jun
"
19%
'
.450
-
NoV
45%
11%.
...
7
9,%
2%.
Knott Corp common
Kruege.K.
6%
17
Kick land Lake G M Co Ltd
Klein (D Emil) Co oosunon—
Klakaart (1B) Rubber Co.
VwbrtKBlrar.
11%
43%-.
King Seeley Corpi,..,—
Kingston Products
Klrby
8
122y2 Aug
11% Mar
150,
99%
(Walter) ft Co.
Kimberly-Clark Corp—
$%.%•. pseferred—.
100
Kings County Lighting 7% pfd B—100
preferred
16,500
15%
> 11%
B
Key Co common
$%,
9
15%.
Dec
3%
(Herman) Corp
Neptune Meter common
100
—•
—_
7Vb
May
10% May
11% Feb
3%
Nestle Le Mur Co class A
1
Kansas Gas ft Electric 7%
7% Mar
—1
Nelson
K
Kawneex
1
——30o
common
National Union Radio
Kaiaer-Frftzer Corp
35
EXCHANGE
DECEMBER
for Week
Low
Supply Corp com—1
ENDED
(2567)
Friday
Range
Par
General Builders
CURB
WEEK
CHRONICLE
Sales
sf Prioer
Price
FOR
FINANCIAL
12%
100
12 V4,
Dec
9% May
Jan
17%
N
N
Y
ft
Co
*
oommon
Honduras
Y
Shipbuilding
Rosario
Class
B
1
Hundred
Feb
32
May
10
% Dec
100
14 V4
Feb
6%
Nov
250
10%
16 Va
16 Va
8%
i6y8
8
7%
8%
56,400
96
96
98
93%
93%
95
Va,
.S6
21,200
Vb
Dec
5
9%
9%
9%
400
8%
Jan
*
8%
8 Va
8%
5,200
...100
optional warrants
Niagara Share Corp class B
Nineteen
July
Jari
27
28
75
%
preferred-
Ntles-Bement-Pond
10 Va
500
10%
10
Niagara Hudson Powei; commonu——1
5% 1st preferred.—.....
.100
2d
$8
50
9
8%
15
Feb
19
May
Corp—
Founders shares
5%
Feb
Dec
100
84%
28
■
10
Merchandise
Y
x75
*
common
com
"
Corp class B__
5
1,200
'
70
92
10% Jun
Jun
Feb
105
X$2% Apr
117
Jan
1
May
8 Vb
12
11% July
Dec
12% May
Feb
23% Nov
'
V'
RANGE
Amer
North
39
1%
1%
33
Jun
Mar
48
Nov
4
;
/
2%
%
2%
3,'000
9
9,5u0
3 3/8 Mar
89
11'
10%
11%
12 Vb
16
97%
Nov
Feb
13%
Oct
Semler
22%
Jan
Sentinel
:
Inc
B)
(R
common—
Control
Serrlck Corp class B
Corp
Ogden
Ohio
Brass
Power
4%%
50c
common
Co class B common
Ohio
Distillery—
1
Filters class B
United
Oliver
Omar
Nov
109 %
Jan
Feb
39%
Jun
30%
1,500
•
Inc,
8%
5
11,200
12%
Oct
14%
Nov
17%
Sherwin-Williams
25
Dec
V13
May
■
Shoe
Sick's
3%
Jun
Dec
19%
Jun
3/4
Jan
l3/e
1 %
250
.
150
50
1,900
2%
3
33/4
43/4
9,000
3/4
300
l3/4
11
2%
11
600
19%.
19%
19%
14%
133/4
14%
53%
53 %>
56
Feb
Pacific
common
Gas & Elec
5%%
1st
Pacific
Lighting
Pacific
Power
1st
Oil
Paramount
Parker
(CA)
Oil
104
*
Feb
"3%
38,500
2%
~3JA
~33A
_4
Dec
17%
Jan
Apr
14%
Jun
Dec
11%
Jan
33/4
500
7%
10%
11%
20,700
9 3/4
Nov
18
•89%
.2
Aug
19 %
Mar
Sep
17%
Nov
31
Nov
80
Feb
South
24% May
15%
400
89%
10
3%
14 %
15 %
15»/8
■
11
Oct
-750
v
89%
—1
——
20
100
181/4
19%
V
20
%
27/a
May
113
•
Jun
Telephone
'
4
Aug
100
40% Nov
49
Jun
23%
400
21%
Nov
26 % May
7%
'8,000
28%
Dec
283/4
28%
350
23/8
1,600
2%
Dec
6%
Jan
300
1%
Nov
4%
1,600
80
224
10
88
25%
Apr
29% Aug
8%
Feb
14 V2 Mar
cumulative preferred-.:
$1
$1.32
2,700
.
Penn-Dixie
Cement
23%
23%
25
preferred———.
Corp common
Pennroad
6%
6%-
Elec
Penn
Power
Penn
Traffic
&
2V8
Co
Nov
Mfg Co
Perfect Circle
.
(Mass).
Governor
Pinchin
Ltd
~7
•
23
%
Southern
•
Pleasant Valley Wine Co.
Pneumatic Scale common
Polaris
Power
Lambert
Prentice-Hall
7
Service
$5
prior
Jun
2
2
Feb
11%
113/b
500
xl03/4
Nov
64
65%
1,220
58%
Feb
203/4
23%
7,000
83/8
Jan
~5%
.
1,800
33/4
8
13%
923/4
39
1
^
2
Standard-Thomson
PUget Sound Pulp & Timber coiti.
Pyle-National Co common..
•
19%
% Dec
Jan
5
6%
Apr
Stein
(The)
35%
3,600
33 V*
Jan
47
Jun
22%
50
16
Dec
31%
Feb
Jan
41% May
28 Va Apr
28%
27%
26
27%' 28%
1,000
2,300
26%
26%
27 %
2,100
25
24%
24%
24%
300
6%
63/a
6%
100
ISterling Engine Co
Sterling
May
Inc
Stetson
Co common
(J B)
15
Oct
Stinnes
Oct
Stop & Shop Inc.
6%
8%
Feb
Feb
16
.
Apr
May
Jun.
3
7,200
1%
Jan
300
7%
Nov
Jun
;»
450
903/4
NOV
150
90
Jan
600
19%
175
800
May
,10% Oct
29 %
July
29 Va
Jan
25%
Feb
4%
Corp
(Hugo)
—
Stroock
(S) & Co common
Sunbeam Corp.—
L_
Sun Ray
i
Drug common.
Superior Portland Cement, Inc
Superior Tool & Die Co_s.JiL
Oil Corp
Swan Finch
99
2%
3
1,000
2%
Nov
4%
500
4%
Nov
3/4
Oct
7% May
1% May
5%
5%
%
8%
%
i
1,500
83/4
'
2,100
'
Dec
30
xll% xl2
'•
10
•
common¬
preferred.:
87%
6%
6
86%
"
.100
144%
;
—•
Queber Power Co..
11 %
July
14
53/4
Dec
Jan
83/4
Feb'
2%
16%
16%
Sep
3%
Jun
15%
100
•
13%
•
13%
12-
175
14
152
139% Nov
"180
144 %" 144 %
Jun
x96
Mar
79
360
88
July
15% Aug
Mar
Corp
Taggart
—
warrants
7
Railway & Light Securities— >
Voting common
;
Railway & Utility Investment A.
10
Rath
10
Roller 31 c
Regal
Shoe
Reis
Rice
Stix
Dry
&
Engineering
Goods
Grande
(Texas
v
Thor
1,200
9V2
Feb
11% May
1,400
-25%
Feb
30%
1%
4,800
1%
1%
150
6%
7%
3%
Amer
Rome
.
dep rets for ord
Cable
Roosevelt
Corp
Field
Rowe
(The)
800
Co
19% Mar
,
,
53/8
3%
1,700
3%
Dec
1.3-8
1,600
1%
Dec
3%
2%
Oct
5,200
2%
Nov
740
52 %
Feb
72
22%
22%
100
21
Dec
18
23
27% Jun
23% July
2%
2%
...*
—,-1
.1
1
1
*
5
1
*
—•
—25c
•
1
15
21%
900
3
173/4
Dec
26%
6%
%
2,300
Dec
12 %
12%
450
4%
12
25
25%
200
24% Mar
2%
1,500
2%
2%
1%
.
common
*
2
2 3/8
27%.
Ryan
Consolidated
1%
4,100
-
85
200
27%
Co
Petroleum
Ryerson & Haydes common
Dec
1% Apr
15%'Jan
950
11%
Dec
20%
33%
35%
700
27 Vb
Jan
37
Oct
5%
5%
400
Nov
7
Jan
14V4
225
2%
1,400
1%
33%
14
-
2%
V
300
5
2%
Allied
&
11
25
25%
12%
5
:i
Feb
12-■
24%
Nov
31%
10
Nov
16
124
3,700
400
.
.100
16%
16%
111/2
-1
;
(
16%
•
1,900!;
.
-
11% Mar
49% Mar
100',
140
58
8%
4%
8%
4 %
x32 %
..10
pfd———
.100
Tonopah Mining of Nevada—
Trans Xux Corp...
.
1
Toledo Edison 4 % %
Tri-Continentai
^
convertible
32
1st
conv
7
.
9 Vb
8%
600
.
4 %
600
%
900
33
7 Via
--
-
.
Nov
93
Mar
Union Investment Co
—
;
Nov
3% Aug
17
37%
Jan
9
Apr
Dec
13%
Jun
5%
Sep
43
Oct
preferred
.1
Salt Dome Oil Co.
Samson
Oct
United Gas Corp common—;
Jun
Jan
7%
Apr
Light & Railways—
United Milk Products common
5%
Nov
11%
43/8
Nov
6%
Jan
United
Apr
500
6%
4%
5
Corp
United
24%
11%
11%
1,500
5%
5
Elastic
Apr
Jan
Nov
1,700
5%
United
Corp
common
7%
18%
18%
19%
10%
8chulte
^.1
<P
AK-Inc
footnotes
page
37.
7%
Nov
18%
800
18%
Dec
23 %
13,800
Sep
12 %
Jan
i
7%
2
2%
1,900
13/4 Mar
2
2,700
1%
1%
3%
1%
1%.
200
6,300
Nov
5%
6
800:
9%
9%
58
Oct
7% Aug
1%
Jan
66
July
5
Jun
Nov
99% Jun
Dec
1% May
3%
.
Dec
1%
Feb
26%
Nov
4%
8"%
,
500
v
6%
Apr
4% May
31
May
Nov.
9
Jan
Oct
12
Jan
93/4 Aug
3%
3%
Preferred
United
common
Preferred
United
Specialities
common
U S Foil Co class B
4% May
Nov
3%
Jan
7%
7
*
*
2 3A
Jun
6%
Apr
8%
Jan
7% Nov
1%
2 3/8
100
Apr
92
93
~3%
~4
2,300
30
29%
Nov
973A
Jan
Nov
62
Jan
3
425
"3%
87%
52%
93
Nov
i7ff
.
30
Feb
5,900
29%
300
Jun
% May
36 % May
U
S
and
International
$5
1st
preferred with
70
20 3/4 July
19%
19%
19%
2,200
16
Feb
21%
21%
21%
9,000
17%
Feb
233/4
Oct
13
12%
13
325
12"%
Dec
30
Jan
20
22%
20
Dec
40
5 % May
25%j Jan
5% May
NOV
250
3/4 Nov
2
243 Va
—100
—25c
Nov
51%
50%
51%
373/4
37%
37%
48
4,825
390
37 %
8
1 %
~l3/8, Il%
1
Securities.—*
14%
2%
warrants——*
74%
743/4
1
62%
Dec
413/4
' Nov
1%
Dec
13
3%
July
Jan
Jan
Apr
jan
July
Jun
15%
14%
2%
2,900
10%
Nov
6 %
25
1
_10c
5% July
Dec
38 % Mar
A
-25
Machinery
U S Air Conditioning Corp
-'1%
1%
7%
—10
preferred..——
Shoe
Jun
Feb
•
10
Oct
Dec
5% Mar
6
-
300
1,300
1%
"7%
dep
Apr
3
10c
5
-*
4
United Molasses Co Ltd—
Aug
11%
3%
1
common;
see
'2,100
8
1%
1
25c
Oil
For
73/e
1
Inc (Del).—;
Sayre & Fisher Brick Co
Savoy
"53/4
California—
$3.75 pfd series A
*
Union Stock Yards of Omaha——100
United Aircraft Products com—50c
United Chemicals common
•
United Corp warrants,
—
Jan
6%
33/4
._*
x
2,700.
2%
_
Jan
%
1,100
2%.
Union Oil Co of
14%
5%
5%
Corp—
Canada
of
10
600
.
,_49
common-;
3%,; 3%
2%,
Dec
88
100.
3,000
.
Corp
Chemical
Gas
10%
Ltd
;
Z
„
Jun
May
18%May
15
U
Realization
May
Dec
1,51% Nov
33/4
—1
May
2
Mar
H
150
2,000
„
Jan
Jan
9
.
'%
%
Oct
300
2%
91%
jr
"
91%
91 %■
>
preferred
Union
23
2
Nov
54%
54
2%
43/4
100
—
Tung-Sol Lamp Works com.—!___
80c
13
u
,
.70c
warrants—;—1—
Inc^
Trunz
Ulen
100
5
1
—5s
.-20
5%
5%
..£1
Nov
Jan
21
Dec
xl0%
May
> May
v Jan
19%
Nov
15
1,100
10% 11%
Xl3% xl3%
57%
16%
200
'
.
.16
15
•
—.
1
Construction,
!—
10 Va
1,500
11
Stocks
United Profit Sharing com
Corp
Jun
14% Apr
j
118 % July
11
25%
5
Trust Co Ltd—
dep rets ord regis
dep rets def regis
rets ord regis
United NJ RR & Canal
Lawrence
3%
Nov
Feb
Jan
17 % May
13 3% Mar
10
11%
Todd Shipyard Corp common—
Toklan Royalty Corp
>.
—
Amer
St
Nov
10%
13 /;
1%
•
common....
new
4% May
Nov
100
9
9
£1
1
Co
Jan
12
—
7% pfd—.
Realty. &
Tobacco
Unexcelled
86
85
*
Aeronautical
Jan
7% M^y
15% Jun
Nov
12
Oct
3%
Feb
4%
1%
Jan
8%
Nov
2,700
X4%
1
Jun
1
Ryan
6%
15% Mar
1,600
4%
TlVa
Jan
375
"
1.25
common
Oct
Apr
3% May
5%
26% July
18%
5
Ltd
f
8% May
Nov
3
'
663/4
Corporation common
Inc
Tishman
Dec
1%'
3%
5
common..
Inc
Corp common
Royalite Oil
Jun
6%
/
reg
Rotary Electric Steel Co.—
Russekg Fifth Ave
Mar
93/8
Oct
17%
F__HI00
common
Rolls Royce Ltd—
55
5%
600
21
Jun
5% Nov
1%
1
pfd
May
2% May
122
6% Aug
2,600
3
3
Feb
102
'
7%
3
Jan"
1%
1 Va Mar
500
112%
13/S
Nov
2%
Tilo Roofing
"
1,100
•
t c
Pendleton Inc
&
'
Jan
Jun
52
24,500
■
13/iMay
31
37
173/4
5
Valley Gas Co—
Corp)
r
10
■
7%
x5%
20%
_l
Rochester Gas & Elec 4%
Roeser
.
■54%
6%
20% Jun
Dec
24%
100
33/e May
30 % Mar
500
54%
,
3/4- Feb
—
25
32%
NOV
14% Mar
■
24%
5%
•
Richmond Radiator
Rio
7
III—"I 1
I IIIIIIl
Co
&
■54%
*
6.25
*
Co...
(Robert)
150
32%
•
common...
Co
Reliance Electric
'
17
16%
3/4
29,800
—*
24%
•
Reading Tube Corp class A
Reea
1%
V \r
16%
1
preferred
Manufacturing
1%
'
Packing Co common
Raymond Concrete Pile common
convertible
Feb
10%
112
—-—1
common...
Inc
Power & Light
Amer
R
$3
193/4
Nov
28%
9%
28
1%
26%
2% Mar
400
2%
65 %
Tampa Electric Co common
Amer
Havtheon
Aug
13
19% Mar
Tobacco Security
5
Dec
8
Jan
Aug
Thew Shovel
4
'
iv'f'
Texas
f
Feb
36
1,800
July
Technicolor
i *
10% July
48% Jun
Jan
40
>'4" 99% Jun
94
11,
,
,
Nov
Mar
22% May
38%
39
—.1
Sterling Aluminum Products
Sterling Brewers Inc..
97%
93/4
19%" 20% '
8
Manufacturing—
Aadio-Keith-Orpheum option
6% July
May
283/8
28%
3/4
Corp.—
& Co common
(A)
15
~
er
Nov
—•
Steel Co of Canada———
44 % May
95%
193*4
93%
Oats
2 3/4
fi-10% May
•T-v
•
Quaker
300
Nov
-1
Starrett
Dec
600
9.
Corp."
Standard-Tube class B
Jan
800
2%
93 %
23/4
.
3
27%
—.1
1
Co...
Oct
18% Jun
9 % Mar
7%
1%
94
100
Products
Feb
8%
preferred
Pyrene
Standard
35
11%
'
Mar
Jan
23
Colorado—
preferred—
Power & Light—
May
7% Feb
34%
*
87
13%
8%
,
8%
July
7%
8%
preferred
20
25
923/4
35
7%
5
4 %
Oct
300
1
Co
650
13%
11%
3/4
4,700
2,100
Convertible
75%
Nov
•
of
Standard Brewing
41
Jan
2,000
37
1
Oct
l'/e
•
2.78
Stahl-Meyer Inc
13%
*
Oct
8%
5%
4,400
35 V*
——-—25
——25
4.48% conv preference.
—25
4.32% cum preferred—
25
Southern Pipe Line—
-1
Southland Royalty Co.——
r—5
Spencer Shoe Corp—
—*
Mar
4
4% Mar
100
4%
.
8%
8%
common..——3^50
America
~2j|
Aug
1,900
■
cumulative
4%.%
Puget Sound
Jan
29%
12%
•
Providence Gas
Public
9%
Feb
5,300
4%
•
Corp of Nevada
Prosperity Co class B
Nov
22
200
10
common
Producers
Oct
6%
1,900
23%
Jan
0
11%
Jan
2%
_ioo
of
July
8s/s
65%
5
Co
Inc
Metals
Pressed
11% May
-2%
1
1st preferred
&
Dec
2%
common—2.50
Corp of Canada
6%
Pratt
70
2%
125c
Alexander
&
Feb
'
37% July
50
__
Mining Co
Powdrell
63/4 May
3% Mar
200
50
2
Jan
23/4
preferred
———10
Standard Dredging Corp common
1
$1.60 convertible preferred
20
Standard Forgings Cofp——
-1
Standard Oil (Ky)
—10
Standard Power & Light com
1
Common class B
:
_*
22
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
4
94
3%
7%
preference
conv
Standard Cap & Seal common
2%
7,
Dec
Sep
1
25
Jan
11%
l
May
20
Jan
_2%'
l
common—.
10%
/
original preferred
4.88% cum preferred
5%
$7
Pioneer Gold Mines Ltd
NOV
270
3
1
34%
5%
93/B
2,800
6%
23:
90
9%
10
54%
sharesi
Amer
Piper Aircraft Corp
Pitney-Bowes Inc__
i.
4
10%
10%
_•
common
Johnson
48
400
9%
4%
4%,
■
•
9%
.—12.50
common
Pipe Line
California Edison—
Pa
Nov
3%
1,150
Jun
"
50c
common
53%
<
9%
100
Mar
39
200
Oct
108 %
Dec
4%
700
3%
Dec
8%
Oct
99 %
1,650
-
52
52
2.50
Philadelphia Co common
Phillips Packing Co.
4%
7-
39%
3%
20
Corp..
Pharis Tire & Rubber
Pierce
I 39%
•
~i
20
Nov
2"%
90
—
5% Mar
600
403/4
4%
2.50
Power Co
2.
7
100% 102
101%
100
(The)—
.Pepperell
>l! v
pfd
1%
1%
•
common
Light 4%%
Penn Water &
Pep Boys
class A
•<
28%
i
warrants
"
Penn Gas &
45
2*
sum
Nov
Jun
3%
3
45
•
common—:
8% May
6% Mar
7%
19%
Mills..'.
raper
Oil
Penn
Soutnwesv
4.56%
Peninsular
373/4 Aug
May
236%
7%
231
231
—
Oct
4
Jun
Apr
22 % May
Apr
113/4
900
11%
35
*
Solar Aircraft Co
1
§ Solar Manufacturing Co.—
1
Sonotone Corp —_i,___ 1
Boss Manufacturing common
1
South Coast Corp common
1
(Howard)
Smitn
Sep
34
Sep
,r \
—1
,
3%
10%
-5
Ltd—
Co
Jun
25% July
Mar
23%
July
17
76
108%
11%
11%
11%
common
City Gas & Elec Co—
3.90% preferred
—
Oct
Sioux
July
17%
23
100
24
24
24
sh
Corp..
97
Jan
_3%
Co__,
1063/4
Feb
'
91
•
Parkersburg Rig & Reel—
I
Patchogue Plymouth Mills——
Patican
101
Apr
Jan
18 3/4
•
—1
B—:—__—*
Singer Manufacturing Co.—...—100
Singer Manufacturing Co Ltd—
"Amer dep rets ord regis
£1
32 '/a July
12% Mar
c
Amer
Motors
Pen
t
v
36
Mar
2y
140
10% May
Jun
32%
200
103% 104%
___•
common
(CA)
30%
•
com
preferred
Pancoastal
34
Feb
6%
1,800
33
34
1,500
7%
30
-25
_25
Service
Page-Hersey Tubes
Pantapec
1st pfd__
$5 preferredLight 5% pfd——.100
&
Pacific Public
$1.30
6%
preferred
7%
-
—8
•
May
4
223/a
Dec
53 %
10
Simpson's Ltd class
Pacific Can Co
•
12% Feb
500
$3 convertible preferred—
Pattern
153/4 May
Nov
1,100
105% 105%
Dec
1% May
Oct
Publications—
Simmons-Boardman
Simplicity
4 3%
Dec
x23/8
,
2,000
Jan
15%
I
——*
*
Silex Co common—
5%
Dec
16
600
12
2%
2%
Jun
87% Jun
Feb
%
Jun
85
Feb
Nov
10 % Mar
——*
Corp of America class A
Breweries Ltd——
273/a
75 % Mar
2%
Jan
43% May
Feb
74
79
80
2%
243/4
1% Mar
79/
4%
2
Dec
13%
2,250
Oct
22
7
NOV
15%
?
10,800
3
22%
18%
15
6,500
2%
3
*
—-—1
—.25
—
100
Canada—w.
Sherwin-Williams of
Aug
Sep
common
preferred
4%
Jan
Jan
73/a
1,500
9%
7%
7%
1
Sheller Mfg Co—
Oct
9%
July
15
500
23
23
23
Securities—
48
14%
i
—
—
O'okiep Copper Co Ltd Amer shares
Overseas
Jan
Nov
1,300
1%
19%
0
Shawinigan Water & Power
Jun
33
101
common—
Shattuck Denn Mining—
Dec
50
37%
37
8%
Poindexter
Ola
Gas—
2%
1% Feb
50
36%- 37
37%
,'
1,200
104% 105%
_100
13
Natural
Oklahoma
1%« -2%
•
preferred..
Leatner
Seton
O
Feb
15%
15%' 153/4
—1
1
-1
1
*
—
Corp
Radio
Saiecy
Sentry
1%
1%
Allotment
Dec
12%
10 %
80
prior stock..
certificates
$5.50
Oct
9%
Feb
7
3,300
stock.
Convertible
Sep
Inc common.
Industries
Selected
Feb
4,600
20 %
15
15%
*
1
5
25'
Co..a
Jan
103
73/4 Nov
2,000
121/4
—1
•
Novadel-Agene
Sep
2%
Shoe
Selby
Jun
34
27
1%
1
—
High
Low
1,400
27% ;
X18
*
Segal Lock & Hardware
May
21% May
97
9
<
Mar
15
200
8%
2
1'%
600
;
Ranee Since January 1
High
—1
Inc
Bros
Seeman
common
Shares
27
xl8
»
Securities Corp General
15%
15
*
Aircraft Inc
Corp
Northrop
Scullin
Jun
300
i,
Oct
700
)..
8V4
48%
5 V pid_100
(Minn)
Power
States
Co
Steei
Feb
6%
of Prices
27
25
——
33 % Mar
50
—
Northern Indiana Pub Serv
Northern
39%
Manufacturing
Scovill
for Week
Low
Par
1% May
Dec
Range
,
Sale Price
Exchange
Curb
High
—
Co
RR
Penn
,
40
Utility
American
North
1,100
39
.;—•
Securities.—*
North Central Texas Oil—8
Northeast
Airlines-.
—1
Class B common.
North
%
3,700
7%. .'7%
7%
;
Light & Power common-. *
American Rayon class A_—
North
%
%
5
Mines
Low
York
New
Range Since January 1
High
Low
Par
Nlpissing
Shares
•f Prices
•ale Price
Exchange
Curb
York
New
Last
Sales
Week's
Friday
STOCKS—
for Week
Range
Last
DECEMBER 17
Sales
Week's
Friday
STOCKS—
EXCHANGE
WEEK ENDED
FOR
Monday, December 20, 1948
CHRONICLE
FINANCIAL
CURB
YORK
NEW
-■'
&
COMMERCIAL
THE
' (2568)
36
..
1,300
11%
Feb
191/4 May
3%
6,200
5 Vb May
76%
550
1% Feb
70% Feb
86
May
Volume
168
Number 4761
•
THE COMMERCIAL & FINANCIAL
.
NEW
YORK
RANGE FOR
Friday
STOCKS—
New
York
Curb
Week's
Last
Exchange
U
Radiator
S
common
High
1
5%
1
Rubber Reclaiming Co
United Stores Corp com
Universal Consolidated Oil
5%
1%
1%
U S
Universal
Low
50o
2%
Universal Products Co common
Utah-Idaho
Sugar—__3
Utah Power & Light common
Low
•
Dec
8%
Sep
500
lVa
Apr
Sep
3
Jan
3
Va May
Nov
45
July
600
36
2 Vb
2%
*
24
2%
21
35
19% Mar
24
5
100
2%
200
29
Isarco
Dec
3%
19% Mar
1
A7s
1947
Nov
ex
A Italian
1
McCord
Jan
Midland
22% May
4%
at
New
$4 convertible
Venezuelan
preferred
5 Va
5
5%
67
3,400
5
67
67
20
1
5%
5%
6
4,600
20c
2 Va
2»/a
2%
1,800
Petroleum
Venezuela Syndicate
5%
Inc
Vogt Manufacturing
England
&
Y
Ohio
Nov
Jan
10
98
10%
Jun
Dec
5%
Jun
12% July
1st
7%
preferred
cum
Waltham
Ward
i v4
300
l'/a
10'A
200
8
Feb
106
July
1%
1,000
l'/a
Apr
10
500
8%
Nov
100
;
;
1
Co
1%
1%
30
9%
9»/a
1
preferred
Watch
i'/4
9 VB
Hydro-Electric
1%
;
1%
Aircraft
Wentworth
Corp
Manufacturing
1.25
1,350
1 %
300
7
7
3,000
4
1%
1
2
3%
Baking Co warrants,
Warner
7 Vb
700
West
Texas Utilities $6 preferred
•
Western Maryland Ry 7% 1st pld__100
Western Tablet & Stationery com
1*
Westmoreland Coal
Whitman
(Wm)
&
(The) Corp
Williams (R C) & Co__
Willson Products Inc
Brothers
preferred
Winnipeg Elec
'
6%
300
5%
11
Nov
11%
125
9%
Dec
3%
Feb
15%
400
28%
200
14
Jan
19
17
Feb
28%
85
~9%
10%
600
19
10 Vb
19%
300
Jan
9%
Jan
14
Atnerican deposit receipts
6%
preference
■
5s
6%
7
800
6%
9%
'_
•
12,400
1%
A7s
Jan
West
BONDS
,
New
York
Curb
Interest
Last
Period
Sale Price
Exchange
or
Low
Appalachian Elec Power 3%s
1970
J- D
Associated
1953
j.j
Electric
4%s
Assoc Tel & Tel deb
Atlantic City
Bell
5%s A
Electric
1955
Boston
1960
Steel
Edison
6s
A5%s
(20%
Debenture
Debenture
.
3s
.Consol Gas EI Lt & Pwr (Bait)
e, 1st ref mtge 3s ser P
>g,lst'Bef mtge 2%s ser Q
ref
2%s
2%s
conv
series
with
City)
Delaware Lack
Lackawanna
lst
n.
1st
feastern
Elmlra
Ercole
of
N
mtge is ser
Gas
&
Water
Fuel
Lt
Marelli
&
Elec
92 %
71
82%
99%
M-Q
J-J
A6V2s with Nov 1
AG %s ex Nov 1
*105
105%
104
104%
106
—
85%
104
106
ii
103
105%
106%
84%
.
*104
__
J- J
23
105%
107V4
85%
193
A-O
107.-/
*98%
99
Jf-N
102%
99 %
78
__y
102
Danish
88%
97%
■:
27
100%
■
101% 102%
6
101%
M-N
1
111%
Grand Trunk
62
45
47%
26
98%
17
May
47%
.1965
J -J
98%
.1956
US
r
97%
*111%
55%
Western
.1950
Ry 4s:
3%s__— .1963
International
A6%s
A6%s
A 7s
.1958
24
(Dec 1
(Aug
series
A7s
1941
coup)
1955
•
102 %
56
104
coupon)
1
>.
35%
33%
33%
M
*35
1957
coupon)
33%
103%
35
10
*
Cons
City
J-J
Curb
105
105
11
98
98
1
125
64%
A-O
$64%
J-J
105%
96%
122
.
63
75
16
30%
*23
i_
25
16%
30
29 Va
29%
19
38
*12
J-D
*100%
*25
__
100%
,
103%
*12
26
18
US
J-D
A-O
*108%
J-D
*118% 119 Va
F-A
100% 100%
82 Va
82%
83
27%
10
72
86
2
106
108
102 %
108%
117
'106% 106%
120
__
98%
104
Intere«t
;
Exchange
Week's Range
Last
Period
or
Sale Price
Bonds
Range Since
Sold
Friday's
Bid A Asked
January 1
No.
High
High
61%
65%
61%
61
62%
35%
35%
31
39%
*60%
•
,
j-j
J-D
Low
—
61%
A-O
__
Loan—
U-N
*69
75
58
1953
____
r-a
*67
69
66
stamped—___—1952
j-j
84%
|
,
6%s
stamped_1958
(Plan A)
2%s
to
——2008
5
1
12
16
24
30
j-d
Jf-N
*40%
34%
35V8
31
39%
„
42%
44
42
44%
22
27
62
81
25
27
12 % '
26
1947
A-O
*40%
1931
j-d
*28
1972
j-d
$61
65
*26'%
28
5s
__
(Plan A)
reduced
to
2%s
2008
stamped
reduced
to
(Plan
2%
J-J
1997
(Republic of) —
2%s (ser A B C D E)
Janeiro
*24.
1947
1927)—.
de
M-N
1951
of
stamped
12%
1
(issue
Oct.
10
5%^ ' 5%
us
A Russian
J-J
14%
14%
107
14%
13%
15%
18
24
A)
.2012
"No
106'%
Odd-lot
principal.
36
35
35%
34%
2
17%
35 Va
13
177/a
34%
55%
75
26
Government
6%s
J-D
$23
1919
(not
'
value,
par
a
transaction
n
Deferred
US
1%
1921
A5%s
61
.78
24 %
j-j
1%
delivery transaction
included
(not
Under-the-rule
in
year's
transaction
(not
range)
included
,
(not
1%
*'
2
26
1%
3%
1%
2
36
1%
3%
included in year's range).
d Ex-interest,
f Ex-distribution.,
g Ex-stock
div.
h Exyear's range),
r Transaction
for cash
in
included in year's range)x E^-dividend.
y Ex-rights., z Ex-liquidating dividend.
*Friday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.
.
§Reported in receivership.
,
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive;, "conv," convertible; "M," mortgage; "n-v," non-voting: stock; "v tc," voting trust
certificates;
""wi/'^when issued; "w w," with warrants; "x w," without warrants.
t"
Below
.
listed
on
are
the daily
closing averages of representative
the New York Stock
Exchange
Stocks
30
•
.
Indus¬
-
Date-
.
.
V
..
>.
"
14
;
'/
•
■
trials
13
Dec.
15_.
Dec.
;
•
11
Dec.
.
Dec.
Dec.
M
16
Dec.
17
—
177.49
as
:
stocks and
bonds
compiled by Dow, Jones & Go.
-
-Bonds10
20
15
Total
Rail¬
Util¬
t
roads
ities
Stocks
53.92
33.00
10
65
64.65
First
Second
10
Total
Indus1
Grade
Grade
Util¬
Rails
Rails
ities
.
40
trials
Bonds
10Q.89
100.95
90.31
,
101.58
98.43
177.34
_m_
54.00
33.02
64.65
1*00.87
176.59
100.71'
53.55
90.34
101.54
98.36
33.13
64.39
100.96
100.72
90.36
53.31
101.66
98.42
33.20
64.26
100.89
100.88
90.16
101.88
98.45
33.17
64.10
100.89
101.01
90.19
101.99
98.52
33.17
64.09
100.88
100.99-
90.08
102.31
98.57
176.20
175.83
175.92
' 1
.N.
A-O
Stock and Bond
Averages
i
•* <
69
1955
6%s
53.06
52.97
;
104
25
*23
--
.
1969
—
(Peru)
Interest
103%
17
64%
64%
100%
114%
1960
Municipal
[
5 J
101
,
1927)
Rio
61
17%
34%
98
"
1964
5s
of May
102%
16%
•
Debenture ,escrow ctfs
105%
2
99%
2030
fissue
Parana
31
10
35
>
101%
*119
1950
3%s
Mortgage Bank of Denmark
112%
18
34%
35
JS
17%
"38
33
1952
:
36
33
1952
1941
36
1
101
3
'
1
.'. i'
..
38
100%
.61%
104
__
J-D
—11957
...
1941
105
1950
AMortgage Bank of Chile 6s_
e
—1958
F
(July
1
24
Sec—
Interstate Power Co—
A
*58
U-N
50 Va
102% v102%
—
J-J
1970
C
series E
A7s
A 7s
Power
series
-
A-O
-1949
A7s
47%
103%
110
.102%
102
•
J-D
105%
101
'
103'% 103%
r-A
debentures
York
Interest
50%
J -J
105%
103
'
*101
U-N
coupon
is to
,
Guantanamo & Western 6s
'
1964
Traction
5s
Peru
US
114
101%
101%
:
5%s__
*12
'
—
Power
Indianapolis Power & Lt 3%s_
—f
41
^
/
•
.-••*"
'
J
-
,
' i
'
-
.
'.,r.
,..,
;
•
•
•
:
(
;
^
f
i?
i i
W
M
*
A7s
65
97%
30
1940 coupon- .1953
1947'coupon— .1953
113
97%
99%
1970
5s
Maranhao stamped
29%
—
*26%
—
1
Co—
.1901
Green Mountain
■■
J-J
—1946
AMedellin 7s stamped
Mortgage Bank of Bogota—
61
.1993
stamped
•
1989
Power
'
n
3%s
Newspaper Union—
AExternal
115
61
101
'Danzig Port & Waterways—
Finland Residential Mtge Bank—
5s
115
103% 104'%
*105
'
"
109
111% 111%
A-O
103%
99%
—
—1950
1940
Interest reduced
3%s
t-J
debs
External
*■
106%
101
96%
"
99
98
*101
104'%
A-O
Agricultural Mortgage Bank (Col)
A 20-year 7s
April 1946
A 20-year
7s
—Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
RR—
RR 5s_3
Elec
3
160
'
F-A
1947 coupon.
Hotel—
External
J-D
.1993
Mfg
1
Water
Penn
ALima
d
1973
_1970
(Calif)
*113
•
__
145%
'
*99 % 101
friday
92
__
—
26
101% 101%
__
A-O
;
BONDS
Division-
J
145% 147'%
■
M-S
1971
Electric
New
—
mtge 4s ser A
A-O
146 Va
—
111
92%
104
34
26%
Foreign Governments & Municipalities
97
MS
1954
& Western
1
income
renn
102%
81
1981
Gen mtge 4%s
J-J
MS
3%s
trust.
Dec
168
98%
25
1976
R
(Bait
22
88
A-O
—1962
Gas
155
100%
Gas
106
19
5
106%
108%
165
100
*25
1973
Gas
92%
105%
103
__
*12
--
1951
stamped
103%
107%
MS
__1969
debs
Consolidated
99%
—
—
1st
*155
82%
103%
—
•104% 104%
High
103%
15
;
no8% 110
100%
$92','4
*104% 105%
J-J
'
2nd
108
87%
1977
,,
96
87%
1969
.
102%
18
J-J
1953
5s
Low
25
100% 101
*105% 106%
J-J
J-D
Low
1966
-Debenture 5s
1
101
Q-F
1954
Jan
No.
97%
.
j.jj
1948
redeemed)
5s
96%
J-D
1998
1970
2%s_
ICentral States Electric Corp—
<;■ -£58 (20% redeemed)
Cities Service
'',1 *
High
104% 105%
96%
/-J
»'
5s series C
Bethlehem
104%
103%
—
Bange Since
January]
Sold
*
"
M-N
1964
3%s
Telephone of Canada—
Bends
100
1946
6s conv s f
Bid* Asked
6
—1966
Western
Week's
Range
Friday's
101% 101%
J
Washington
West
Friday
108
A-O
1965
5s
Waldorf-Astoria
% May
2
104%
106
Hydro-Electric Co—
A 5s
Nov
2
Corp—
stamped
(Hugo) Industries— '
A 7s ex Dec
Nov
106%
1952
United Electric Co of N J 4s
United Electric Service Co—
Oct
£1
106
A6%s with Aug 1 1940 coupon—1958
ex Aug 1 1947 coupon
1953
Jan
22%
106%
A6%s
102 Va July
Feb
A-O
U-N
3rd
A7-4s
Ternl
E)ec
Nov
13
107 Vs
104
103
(Hugo)
Stinnes
;
.
104
101%
3s_1981
3s
j
67
102%
,
Corp inc 5s
collateral
A7-4s
May
'
8
5s
G)
(A
AStarrett
7% May
28
28%
Spalding
12% Mar
1,000
Edison
&
103%
58
1
1998
;
Counties
Jun
5
101%
9
104%
*104
1960
3s ser B
1st mtge 3s
Southwestern Gas
May
10
15%
ref M
Stinnes
24%
Feb
4%
4%
2
Ltd—
Wright.Hargreaves Ltd
6%
6%
California
109%
3
M-N
1952
California
Jan
17% Mar
100
*
W)
(P
300
107
.
—
64%'.
104
w
103 Va 103%
_______
Southern
Jan
16%
.63'%
coupon—1960
series A—"
1st &
Jan
18%
Dec
9%
1
*
Woodley Petroleum
300
25 %
Oct
-debs
Southern
May
Jun
2%
9%
6'/a
25
common
200
3 %s
Apr
291/4 July
40 Va July
Mar
18 '/a
1
.
Wisconsin Pwr & Lt 4%95> pfd
Woodall Industries Inc
*
Woolworth
33
8%
8%
•
w
2'/a
161
Nov
Southern
May
115%
Feb
18%
5
:
common
w
140
50
10
Jan
14
,2%
10
Wickes
5%
35%
Apr
7% July
20
1
.
Wichita River Oil Corp
Wilson
35%
6'/8
6% Mar
:__1
Co
1940
Safe Harbor Water Power Corp
San Joaquin Lt & Pow 6s B
Scullin Steel inc mtge 3s
2% Map
112
40
10
Weyenberg Shoe Mfg_'
Dec
Dec
—
104%
Co—
5%s series A
Jan
Jan
2% Mar
24%
35%
2%
6%
25
104%
Queens Borough Gas & Electric—
Feb
110%
<13
1%
'
152'/2 155
20
,
Westmoreland Inc
1 *%
50-year
3% May
11% July
Nov
17
15 %
1971
A
9Va
ext_*
'
Waitt & Bond Inc
$2
•
„
2
103 Vb
3%s
1
63 J/4,
28%
16
'
MO
J-D
1961
—2004
'
Oct
-
16%
1968
3%s
mtge
20
*10i3B 103%
—
High
Low
..
$101
w
MS
1970
A6%s with
ctfs
!_1967
6%s ex Oct 1 1947 coupon
Public Service Elec & Gas Co—
W
voting trust
A-O
3%s
"
Wagner Baking
r-A
Park Lexington 1st mtge 3s
1964
Pennsylvania Water & Power>3%s_1964
15% May
January 1,
No.
*108 >4 1083'4
1956
Ltg 4s
3s_.
Piedmont
Waco Aircraft Co
J-J
_
1963
Power
Range Since
Sold
35
16%
.—1969
Light 4%s
36
J-J
J-D
to
Westchester
Power
1st mtge
Jan
Nov
2 %
•
Sep
5%
&
Bonds
High
*33 Va
1968
__1968
Corp deb 4%s
Valley RR— '
N
V
1
Rang*
Friday'#
*35
1952
coupon
3%s
Kansas Power & Light 3%s_
Milwaukee Gas
common
or
Bid & Asked
coupon__i._1952
Superpower 6s
Extended
Valspar Corp
Week's
Last
Sale Price
Co—
1940
Kansas Electric Power
Jan
Nov
2 %
Period
^
Hydro-Electric
A7s with Nov
Oct
1,800
21%
21
23%
22%
50
*'
Interest
Exchange
Low
5 Va
2%
36
Curb
High
700
-r—
10
New .York
1%
2%
10
10
Insurance-.
17
Friday
Range Since January l
5%
.
DECEMBER
BONDS
Shares
.37
EXCHANGE
ENDED
for Week
of Prices
Par
(2569).
Sales
Range
Sale Price
CURB
WEEK
CHRONICLE
i
38
(2570)
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
CHRONICLE
Monday, December 20, 1948
EXCHANGES
RANGE FOR WEEK ENDED DECEMBER
17
•
1
%
^
Baltimore Stock
Week'*
Range
for Week
ef Prieea
Friday
/Par
}'
!
Arundel Corporation
Baltirabrte Transit Co
Brager :Eisenberg
common vtc
Low
*
n
13%
3
3
LOW
"~ii
High
Dec
13
45
2
Mar
70
3
25
—
,
25
Dec
-
28%
:
Common
1672
■'
Par
•
-
Low
Dodge
Eday
Jan
5
Mfg
•
V
•
>>
Range SJnce January 1
Shares
Low
High
commohj-.
High
10
(The).
Drive
'2%
*
Auto___
91
90
10
5%
1%
8%
;
Dec
1014
2%
Nov
3%
!'
'5%
6%
I
8%
8%
700
46%
46%
100
Jan
Jun
Jun
110
!Feb
5% Dec
82
67
'350
92
,
Au"
7
900
,
2%
'2%
'
Mar
10
7%
7
--"7
34
25
350
32%
32%
Corp class A__,-——1
Corp
Four-Wheel
4072 May
L._*
—
Corp
Paper
*
i
,
for Week
!
(new)
Domestic Credit
Jan
•
*
Sale Price
•
Sales
I Range
i of Prices
'Consumers Co—
Range Since January 1
718
;
STOCKS—
.
Shares
High
13
13%
j Week's
Last
:
Sales
Last
Sale Priee
STOCKS—
Friday
Exchange
9 '/a
Jan
19 74
Jan
i
North American
Potomac
Co
r_
—25c
Co—
!„
.
45c
50
1.15
Aug
Jun
78
10
78
Dec
92
4874
49
63
44 72
Feb;-.
52 3/4
July
American
General
common
Candy class
Transp com
A—i—
Corp
common.—
Corp
common
Motors
Transit
.1975
4s
Co
44
447a
1975
1
"
45%
50%
—
43
14,000
Jun
68
Jun
77
hi
*
14
Lakes
Dr
common
Week's
&
Dk
Range
for Week
Sale Price
Par
Agricultural
Chemical
American
Sugar
Refining.._
American
Tel
common
American
Woolen
Anaconda
Copper
-100
Boston
.100
36%
Dec
52%
Jun
55
36%
Nov
40%
Dec
Maine
37%
360
34
285
119% 120%
37%
38
19%
19
.100
.100
•40%
1,440
36%
Dec
43 %
370
18%
Sep
21%
32
Feb
110
4
Dec
~5%
1
9%
&
Providence
.100
5%
328
5
Sep
10
Aug
>•68
5
Dec
11
Aug
7%
15%
7
60
15%
125
.100
Calumet & Hecla—
Cities
66
Dec
.
.100
Service
•
13%
12% Aug
Feb
18
Jun
Feb
70%
140
5%
5%
66
5%
Dec
8 %
May
45 %
230
31%
Feb
64%
Jun
66
5%
34
74
Tool
6%
1st preferred series A
preferred
5%
pfd adjustment
_100
Eastern
Steamship Lines Inc
Employers Group Assoc'-—
First
General
26%
Oct
19
26%
Jan
35
Oct
Sep
72% Mar
24
25
780
21
3,678
33%
33%
40
26% Feb
54%
165
49 % Mar
59% July
39%
1,657
31% Mar
42%
54%
54%
38%
38%
31%
——15
4%
x31%
34
Aug
Fob
28
559
3%
4%
835
3%
*
RR
-
5%
pfd
Mergenthaler Linotype
55%
57%
536
42%
Feb
60%
13%
14
87
12%
Nov
16
58
59
155
31%
Feb
46
46
20
100
58
—*
—
May
39 % May
25
Copper
Oct
95
20
♦
Loew's Boston Theatre
Central
74% Sep
17% Aug
*
Isle Rcyale Copper
Maine
60 Va
15
*
___
Safety Razor Co..;
Kennecott
25
25
*
Electric
Gillette
64%
85%
20%
*
Stores
National
64 V8
85%
64%
100
Jan
4% Oct
Oct
Mar
7T
Sep
54
Jun
13 72
Jun
2174
41% Mar
Jun
•
Narragansett Racing Asm
Nash-Kelvinator
National
New
New
5
Cos.
15
Tel
System
20
Tel
&
9
9%
874
100
143/4
110
974
1472
800
25c
87a
7% Sep
330
15 74
25c
1
Electric
England
9
—
Service
England
1
25c
■
7%
5,118
Nov
54c
Nov
Apr
12 Yz
July
Jan
803/4
807a
82
79
Nov ■;
North Butte Mining———--
2.50
50c
40c
50c
4,400
25c
Nov
85c
Pennsylvania RR
-50
163/4
16%
1774
1,928
16 7a
Feb
227a May
„—
Quincy Mining Co
!
670
<
96
May
Apr
25
■—
6%
63/4
640
33/4
Feb
63/4
2.50
:
*
5
43/4
57a
187
4
3/4
Dec
7% Mar
Stone
Webster
&
*
Inc
Union
Drill
Twist
;
5
United Fruit Co
United Shoe
*
Machinery
Westihghouse
—
Electric
197
11% Mar
18 7b July
34% '
1831
347a
Nov
41
May
36
36%
100
34
Nov
42
Jan
13 7a
Feb
16%
Sep
53%
1,994
48%
Feb
58 % May
51
50%
511%
1,075
48
Nov
62%
38%
39%
480
38
Dec
49%
Jun
X13% xl3%
46
13%
Nov
15%
Jan
*
12%
Corp
20
133/4
52%
.10
__
System Inc
143/4.
52V4
25
common
U S Rubber Co.——
Waldorf
36%
143/4
3474
■*
Torrington Co
23%
23%
24%
23%
453
Dec
9%
Feb
1672 ®lay
•
19%
19
19%
23% Mar
4
4%
27
com
1
Dec
33V8
Apr
Jun
Last
Admiral Corp common—
_i
Aetna
Castings
Bearing common
Ball
Allied Laboratories
19%
.5
Advanced Alum
4%
Univ
common
Libby
McNeil
for Week
Printing Co
Lindsav
Line
Lt
19%
Tel
Armour &
Asbestos
&
Co
Tel
Co
—*
capital
100
Co
150
-.5
common
Mfg
Athey Products Corp capital
Avoo Manufacturing -Corp.
-
-
Co
Aviation
Berghoff Brewing
22%
Dec
4%
400
3%
Feb
6 % May
100
9%
Feb
12% May
250
17
Nov
26%
Jun
2,200
148
Mar
158%
Jun
Marshall Field
Mickelberry's
&
Co
5
Products
Food
Middle
West Corp
Miller & Hart Inc
Modine
Mfg
North
1
American
Car
Manufacturing
,
5%
Electric
Penn
Switch
class
Perfect Circle
"Quaker Oats Co
Rath
A.
St Louis
Nat
Brach & Sons
Btird
Co
(E
(E J)
L)
Schwitzer
Cummings
Roebuck
Sears
Serrick
&
Piston
Ring
Corp class B
Shellmar Prod
12%
Central
111
Biscuit
Oil
Secur
Convertible
Cent
&
S
W
Corp
Spiegel
preferred
Util
Standard
Works
Cherry Burrell Corp
common
,
Dredging
Chicago Electric Mfg class A pfd
Chicago Milw St Paul & Pac vtc
Chrysler Corp (new)
19%
1,850
Mar
Jan
35
May
247a
Feb
Nov
10
7 Va Mar
May
300
20
12%
17
17%
Nov
32 %
6%
Jan
10
600
87a
16%
19%
3,250
20
12%
26
37 74
19%
Oct
100
1,700,
140
12%
Nov
2174
16%
Nov
22
4%
50
4%
Feb
6%
6%
100
6%
Dec
Jan
May
11%
9% Mar
10%
4%
Feb
May
24% May
6
Jan
% July
87
20
82
Apr
1172 May
9472 Jun
25
25%
350
25
Dec
31
Jan
34%
34 %
80
30
Jan
35
July
50
May
30
27%
Feb
34 72
11%
11%
200
11
Nov
15
Jan
39
38%
39%
1,000
32
Feb
43
Nov
__
'
13%
14
15
Oct
100
10 Va
26
26%
500
26
Mar
34% July
12%
26%
__
common..,
13%
150
11%
Feb
1474 July
22%
15%
Feb
32
;
common...'
Corp
Feb
U
Lines
Air
Steel
S
7% Mar
14
May
•
2% Mar
14
37a
Jun
300
x37%
Feb
53
400
>
12%
Nov
16% May
Jun
6%
6%
1,600
Dec
9 74
34%
11%
27% Mar
36 74
10%
1,250
10
Nov
13
29
29
29%
900
29
Nov
36%
Jan
Jan
"
Inc
Sep
10%
600
9%
Dec
2172
55%
300
52 Vt
Feb
66%
Jun
15%
l(j
100
15%
Dec
23
23
24%
700
2014
Nov
37
Mar
48
Jan
37% Nov
43
Oct
" 40%
—10
.40
44
40Va
40%
700
10%
11%
400
71
70%
71%
800
23%
•
Jan
July
9%
44
'
6
—:
•
(new)—*
common
350
54%
9%
__
' "
Corp
capital
Aug
33%
5
St
200
Jan
29
6%
—2
:
Salle
^
Jun
8%
Dec
10%
25
(The) common..—
La
2%'
40 %
Nov
33%
25
(The).
South
40.
300
8
6
20%
5
capital stock—.
Corp
' 2%
13 Va
International Co Ltd ctfs of dep.
Co
100
1
com
&
Co
300
20%
•
—
new
2%
—
—5
Corp .common
Sundstrand.Mach Tool
1,500
6%
20%
7%
__
T
23%
6%
20%
'
25
Container
22%
__
20
Stone
Sunbeam
"
2
common
Westlnghouse Electric & Mfg com—12%
Wieboldt Stores
Cumulative
Inc
common:..:
Industrial
"Unlisted
'
prior preferred—
Bankshares
Wisconsin
Woodall
15
23%
24% f
300
40
20%
Jan
Armco
Nov
36%
Oct
Atchison
'* *
*
*
44
9%
Nov
L
21 %. Jan
-
Jan
18% May
Mar
86%
Oct
23%
Dec
337a
Jun
250
12%
13%
77V2
77% F
12%
Dec
18% May
77 %
Dec
85
10%
•
2
10
10Va
50
1,250
10
*
common—
common.—
68
10
10%
400
__
,
Jan
10
Feb
11%
Jan
10
Nov
14
Jan
Stocks—
Alleghany Corp
Nov
—:
;
1
.
.
com—*""
"
1
San
St
2%
7%
60
Mining
Copper
Steel
&
2%
7%
13%
—
2%
7%
147a
-
2%
Dec
1,500
6%
Oct
874
Jun
300
12%
Feb
167a
May
41
May
200
4% May
33
34
26%
26%
1,350
30%
Feb
100
23%
Nov
32% May
92% Mar
33
10
Corp
Topeka & Santa Fe
11872 Aug
100
13 % May
Steel
972 Mar;
15%
Nov
Bethlehem
13%
Sep
66 %
July
common
Pacific
1,400
9%
58
300
45%
45
50
45
Dec
62
24
150
21
Nov
34
Jun
Continental
new
Co
39%
Qct
13%
13%
42o
12%
Nov
187a
Jun
13%
200
12%
Nov
33%
34
25
__
1
34%
800
30%
Feb
100
10 V*
Feb
197a May
1474 Jun
8%
7%
8%'
900
6%
Feb
107a
7%
7%
8
300
4%
Jan
12% July
7%
8
900
5% Mar
107a July
Apr
22
Ry
13
•
Certain-teCed Products
10
Apr
Feb
Columbia
Gas
(The)—10%
System Inc
Motors
13
13
13
300
xl2%
Dec
17
150
16
Sep
Apr
Farnswofth
15%
1
Curtiss-Wright
16%
17%
18%
Jun
16%
10%
Jun
Jun
8%
8%
8%
400
8 %
Dec
2%
2%
2,500
2%
Dec
1%
1%
1%
100
1%
Feb
11%
11%
1-1%
400
11
10%
11
14 Va
14%
10%
10%
5
1
9%
9
7%
r
May
64% May
Dec
30
5 '
of Ind capital—
,
Television
6
Jan
&
10%
Feb
8%
Feb
12
50
14%
Dec
26%
10%
1,500
PVa
NoV
44%.May
North
*
38
38
Packard
435
Jan
38%
38%
39
700
317a Mar
42 Va
5
Co
11%
11'
3
11%
3%
5%
300
11
Nov
1474 July
800
200
3
Nov
53A
Jan
4%
Feb
8 72
May
21%
Jun
1
—
4
Graham-Paige Motors
Laclede Gas Light—
5,800
__
*
Electric
Public Utility Cofp
2% May
15% Jun)
<
1
Radio
General
5
5
May
Nov
Jan
Nash-Kelvftiator
RR capital—.
American Co—
Motor
38
Apr
8%
8%
100
7%
Feb
13
July
2%
—
53%
54%
600
50%
Nbv
65%
44
44
Feb
63%
(Fun
Pepsi-Cola
Dec
7%
Apr
Pullman
Car.—(
15
xl3%
*
10
__—
15%
500
xl3%
13%
500
14% Mar
12%
Feb
14% Mar
9
18% July
Jan
16%
4%
4J/4
2,900
4%
Feb
5% Mav
8%
9%
1,000
8% Nov
113/4 May
22%
23 %
18% Mar
26% May
Jun
10
.5
Corp
New York Central
Chicago Corp common
200
Feb
Oct
Feb
30
Apr
700
Jan
9
12%
15
11%
1
capital
SteWart-W^rner Corp
AUg
2%
*
12%
„
.
•
Lathe
Standard Oil
13%
1
—50c
common
500
87
*
Inc common
31
1
com
14%
—
•
Corp
Bend
30
.110
1
common
Nov
7% Mar
9%
1
common—
common
General
Carr-Consol
Aug
5%
14'/a
-
22%
6%
•
Society Brand Clothes common—
South
45
"
9%
2,450
~
6%
11%
33
*
;
:
Corp common
Signode Steel Strap
57%
1
common
Burton-Dixie Corp
Butler Bros common
300
6,000
10
67a
22%
__
•
capital
Co
Anaconda
22
Dec
29% May
13
Jan
Dec
22
'
1
Mar
*
2%
(new)
22%
30%
__
1
capital
Radiator
5
capital
com
9%
700
22%
48% Nov
16%
1
Stockyards capital
Sangamo Elec Go common
Canadian
Bruce
Jun
100
19%
10
Air Lines Inc
9%
72
200
—*
common...
American
Dec
22%
19%
—10
Packing common.——
American
9%
74
25
'
Oct
10
Borg (George W) Corp
Borg-Warner Corp common
Jan
15% Mar
250
8
25
(The) common.—:
Steel Car common.—..
Pressed
Jan
6%
Jan
44 %
50
500
54%
9
5
Co
Potter
7%
950
21%
30
RP.
8
2,350
Dec
25
__
capital
50
(fhe) Co new com.—2%
Pennsylvania
Feb
7%
Apr.
15%
100
31%
1
Nov
143/4
107a
54%
25
common
4%
6%
19%
Dec'
8
25
20
Coal Co common—;
prior preferred..
——_
4%
14%
Nov
12%
30%
...•
.
Parker Pen Co eommon——
500
6%
774 May
Jan
Feb
—
10
Peabody
1,400
14%
1172 July
Jan
„
»
—
common.—
73/a
1
14%
Apr
Jan
800
xl0%
/ 14%
*
«6%
400
574
'6
150
8%
6%
10
common
VA
400
13%
—
—
——
Northwest Bancorp common
Oak
'
vtc
common
Standard
22%
(ex-dlstrib) _i_5
cap
common
prior preferred—
$1
•
common
5 74
'300
13
-8
'
May
7%- Dec
100
25
May
2 % May
16
6%
Jun
Jun
8%
1,800
6%
Jan
9
200
10%
54%
Dec
343/4
13
7,%"
10%
24%
Dec
35%
7%
-
54%
1%
15
5
—
7 7a
34%
100
54%
1,900
.1
Corp
Feb
10%
X34
5
*
.
1,000
16
5
commoh
7%
-5
—
.—7
common
,
1%
35
10
Bendix
Jan
15%
7%
*
Sep
4%
15%
574
-3
26%
150
15%
1%
.4
8 74
34 72
900
High
4%
18
18%
149% 151%'
Dec
5
1
77a
7 7a
..1
common
7%
2,600
.
American
Range Since January 1
Low
22
Dec
4
x27%
1
common.
Chem
&
Material
United
Shares
High
19
5
•
& Libby
Union Carbide & Carb
10%
*
common
Range
of Prices
May
200
*
Leath & Co common
,
208
Sales
Low
5
450
-
—
27
>
^
Trane Co
Chicago Stock Exchange
Sale Price
4
1
com
1—
Ext
Thor
Par
3an
2%
Swift
STOCKS—
64 7a
49%
150
Swift
Week's
Dec
46
300
5
Salle
Texas
Friday
1172 May
Dec
137a
143/4
*
Sep
Jan
9
2%
La
Sinclair
Rexall Drug Co..
Shawmut Association
Jun
20
•
10%
—
National
.100
B.
Dec
51%
new-common."
new
Montgomery Ward & Co.—
6%
50
9%
May
12
9 % Mar
16 %
2%
•
Sep
Massachusetts Street Ry—
Eastern
500
2,400
Jan
18 74
Dec
14
850
17
-49%
1
<
43%
—5
14%
10
17
Oct
21
f
6%
7%
15%
RR
Aug
6%
.Personal Prop Trust—
Boston
Oct
51% Aug
\
Boston
16% July
.
Drug Co common
j
Kellogg Switchboard common
May
5%
.100
..
650
10%
Katz
Oct
434
,
Oct
Hep
10%
common
Harvester
Preference
Jun
4%
Pneumatic
International
Jun
127%
44%
17%
'9%
■
„
1
Jim Brown Stores Inc
July
Feb
4
.100
1st pfd stamped
1st pfd stamped
cl D 1st pfd stamped
10%
57
Mar
13
43
49%
39
9%
25
capital
?teel Products
Lincoln
Drior preferred
cl B
158%
Nov
30%
115
105
19%
class A 1st pfd unstamped.
8%
x33%
RR—
7%
cl A
147% Mar
3,618
36 %
37%
5%
5%
Independent
Indiana
Railway—
:
&
50
100
Elevated
Boston
38%
Xl49% 151%
Co
13
200
—10
common
Brick
Feb
„
.16%
•
7% May
65%
Nov
7%
250
9%
3
common
Nov
42%
14
,
.
1
cap
5%
50% Mar
700
High
40%
-25
L
Stamped
Range Since January 1
Low
33
._50
jBOston & Albany RR
.
1507a
36%
Boston Edison
Shares
38%
__.100
Corp
Illinois
High
Corp
new
Oct
300
58%
58% May
1972 Jan
Dec
14%
9
__
1
common
Co
Spencer Bartlett common.:
Hupp
36%
Tel
&
of Prices
Low
Brew
Werner
Hibb
Sales
Last
STOCKS-
Hein
(G)
46
42
9
*
7% Nov
30
(
6
'587a
16%
Heileman
Exchange
5%
58%
•
(W H)
Hammond Instrument Co
Friday
„in
1
Great
Boston Stock
5%
GoSsard Co
Jan
15%
i§%
1
Gibson Refrigerator Co common
Goodyear Tire & Rubber common
Jan
45
$38,000-
53
„
5
General Finance
Jun
#
5s series A._
American
5
General
--
BONDS—
■
(Peter).,,Brewing
General
78
Fifleuty & Guaranty.
Baltimore
Fox
•
—100
preferred
50c
50c
•
Edison
3.60%
S
Oil
*
8%
32
Pan
American
Airways
——
Corp
—
...2%
Paramount Pictures Inc new com——i
/
.
8%
(22%
800
"
Cities Service Co
common
Club Alum Products Co
common
*
Commonwealth
common
25
Edison
For footnotes
see
page 46.
—
25%
44%
500
5%
5%
200
25 Va
25%
2,600
32
5%
25
July
29 % May
Pure
Oil
Co
-
—
Co
33%
*
Inc
(The)
common
•
8%
—
—
.
8%
—'
9
,
31%
700
—
32
7%
Nov
42% July
400
*25%
Feb
2372
Jan
45
Jun
42
May
Volume ,168
Number 4761
THE
COMMERCIAL, &
OTHER
,
Friday
Week's
Last
STOCKS—
•i
P**
i
.,'T
■
.
Corp of America common!—
Radio-Keith-Orpheum
Republic
Steel
Corp
Studebaker Corp
Sunray
Oil
United
100
5
33%
Nov
5
Oct,
100
26%
Sep
16%
17%
2,100
14%
Feb
23
Jun
73
73%
1,000
69 %
Feb
91
Jun
14%
141/4
100
11%
Feb
15% May
22 %
22%
22%
1,700
11
1
IT
Member*
7% Jtily
32% July
;•
11%
•2 %
21/8
New York Stock
16%.Mar
50
.
2%
Feb
WOodward
17% May
*
Detroit Stock
Cincinnati Slock Exchange
Week's
Sales
Last
>
Range
-
American
Laundry
Balcrank .<
Par
Mach:
24%
1
"5%
*
14%
14%
*
.
Cincinnati Advertising Prod
Gas
Cincinnati
4%
C
N
&
T P
Cincinnati
Cine
preferred-—
Street
Sub
«;
Bell
U
S
Allied
7
120
*
common,.
Mar
18 %
TOO
50
7
175
13
125
Jan
13%
Mar
57
43 %
43
105
Nov
40%
Jan
25% May
Dec
10%
Jan
81
NOV
46
42%
July
58
Jan
11%
Feb
48%
Feb
Oct
16%
,
Oct
Detroit
Ale
Gar
20%.
65%
66,
80
10
Feb
20%
447
62%
Feb
71%
7
22
6%
Jan
37 %
39
223
37%
Dec
49 %
Apr
42
42
18
42
Dec
50
Jan
7
*
50
/
28%
American
Airlines
Rolling Mill
__10
American
Tel
Tel—
_10o
150%
Ohio—
—25
31%
&
—1%
:—
•7%
28%
7%
50
7%.
140
149% 150%
27
150
25%,
262
-
25%
Jan
6%
Cities
&
Service
*.
Columbia
Dayton
General
900
3,020
5,324
1
2%
2%
100
2%
1
83/4
9%
900
8%
Dec
4%
4,450
2%
Feb
2%
Deo
_„
Mar
1
Paige
Lamp
common
._T
_—.
Car
Hurd Lock &
Mfg common—"—
Lakey
10
common
Foundry
LaSalle
&
Wines
Masco
Screw
Jan
Micromatic
45*
151
32 V* Feb
65%
Jun
Motor
26
Products
Dec
32%
Jun
National
10%
Feb
14%
Jun
Packard Motor Car
Feb
31% July
Parke
38%
39
106
32
Mar
42 %
Jun
Peninsular
58%
50% Mar
65%
Oct
%
13%
13%
85
12%
18%
Sep
4%
200
Feb
4% Mar
5%. May
16%
Feb
8%
8%
250
7%
Nov
23%
31%
32%
255
25%
Feb
41% May
13%
Socony Vacuum OilBrands
Standard
Oil
Standard
Standard
Oil
Stamping
(Ohio)
Metal
Products
Pfeiffer Brewing
River
Raisin
13%
100
7%
Feb
22% May
Standard
Udylite
Tube
class
B
Investment
United
Shirt
American
American
Tel
Tel
&
Feb
23
Jun
U
19%
Dec
29
Jun
Warner
164
69%
Feb
92%
Jun
24%, 25%
47
24
Nov
35 Va
100
—1—
Last
Range
-
S
Radiator
Aircraft
—1
Shares
Eaton
*
J
Low
2%
16
105
Nov
174
Dec
43/8 May
24% Jun
20%
52
105
High
16
139
149% al50%
a
2%
120
a-24% a24%
31%
a25%
Natural
Gas
(Un)„
(Un)._
323/8
rl5%
Feb
26% May
Electric
Erie Railroad
a
_1
313
General
commofi
Motors
Co
Bandini
Bros
Industrial
Interlake
p
(Un) ——10
Kelley
MbKee
Lime
*
&
Trans-
& Sessions-—,
Dec
Basin
Barnhart-Morrow Consol
Oil
Portland
Medusa
Home
Jan
Cement—.—1__
Nestle
N
Tile & Mfg—
Le
Mur
-i—
class A-
Oct
California
Dec
81%
Apr
Central
Feb
42%
Oct
223/8
34%
Apr
373/4 Nov
51
Jan
56
31
Dec
33%
Oil
25
78
Feb
92 3/4
Nov
Feb
16 %
July
Packer
89
15
9%
Nov
Corp
Republic Steel
Van
Oil
Dorn
White
(Un)_.
Iron
Motor
Works
—
—
—.
For
Steel
footnotes
Door
see
,
42%
)
t
,
Feb
20
Nov
6
8%
200
53/4 May
May
87/a
Jan
Feb
Oct
Feb
12
12
16%
Oct
2%
200
2 %
Oct
9%
300
9%
Dec
33/4 May
12
Jan
6%
6%
200
11 %
100
5%
5%
5'/a
1,500
1%
1 %
1%
2,100
1%
Feb
7% Sep
2% May
17%
l7/a
1,000
1%
Sep
2y« Jan
*•
36%
Consolidated
66
Nov
Douglas
28
May
Dresser
13%
17
6
6% July
Apr
10%
Feb
14
Jan
1
Jun
40 % Mar
48
Jan
38%
Dec
56
JUn
260
31%
Jan
36
July
15
May
32
12%
50
11% Nov
135
..
10
'
Feb
35
15%
''
a
35
Feb
42
36Ya
60
4%
800
4V2 Mar
3%
3%
150
2%
Feb
a6 Vb
10
4%
Feb
13% al3%
^
33%
130
12%
Jun
26%
Sep
July
6%
5
Jan
May
73/8
36 Vs
40
17
40
25
Week's
Sales
Range
for Week
ef Prices
Low
43/4
Range Since January 1
High
4%
Shares
Low
High
1,100
4y2
a21% a213/4
110
21%
Sep
Feb
28%
Jun
50c 52 %c
—
a21%
alO%
1,500
50c
Dec
77V2C
Jan
2,098
10%
Feb
18%
Dec
17
173/4
alO al0%
13
80
7 »/8
Nov
6y4
6'/4
6%
1,580
6%
7%
7%
8
6,575
9%
93/a
2,253
a347/a a347/a
30
:
Jun
20
Feb
Mar
8
6% Nov
20
Aug
13% Jan
28
9%
28
Dec
15
Jan
Feb
38 Vz
Jun
1
Jan
28
120
20% Mar
31 y#
al2% al3 Vs
1
Corp
Co
17
.
13
a
40
Feb
37
"
139
13%
116
24%
9
12
40Va
.
14%
766
25
1,275
9
100
32
~
July
16-%
Feb
7% Feb
Jun
43
Jan
Iron
100
13
Dec
50
4
Mar
SOYrMay
5% Apr
a3%
a53%
5
a35/8
common-
Engineering CoTp
Liquidating Cox'p
a53% a54ys
195
_T
.
5
5»/4
17%
7s/8
16%
1,190
a9
a9%
Jun
67/a
Sep
22%
5
656
16%
65 y»
Dec
12% Mar
130
7%
16%
52% Nov
1,420
17%
—
Exeter
40
.
1!
America"
Aircraft
Co
Inc
165
5% Apr
16 y4
8,y4
49
Dec
Oct
Oct
Aug
Products'Corp
Oil
Co
Farnsworth
General
Ltd
Tele
class
&
Motors
50C
:
——
A—'
Radio
Corp
4
12%
A
common
Hilton Hotels Corp
Foods
Car
Inc
48
Dec
61
Mar
19%
Nov
30%
Jun
12%
13
446
12%
Nov
143/4
60c
7%
7%
8
1,550
56%.
58
58 >/4
544
1'
Go
60c
55c
4,300
5 Va
51
95c
Jan
11%
Jun
Mar
25
9%
3%
Jan
Dec
Nov
25
200
24
305
39
Mar
116
346
90
Nov
93/4
9%
2,150
65% Nov
Feb
42%
115
36% July
48%
131
934 Nov
14%
Oct
July
Jan
10%
33/a
3%
1,440
1.55
Jan
13%
•'
_6.66%
common
55c
42 y4
*
—5
Holly Development Co
Hudson Motor
Hunt
110
455
,
1
common
12%. Jan
' 20
T
10
Corp
Gladding McBean & Co
*
Goodyear Tire & Rubber Co common—•'
Oil, Co class
a51 Va a53 Ve
9y4 Nov
20
_
Industries, inc.
Independent Exploration Co— —33 %c
Dec
22% May
15
Jun
Petroleum
Kaiser-Frazer
13%
250
12%
Dec
22 y2
10%
10%
703
10%
Dec
18% Mar
8%
Oct
5% Aug
Jun
Kern
22%
Feb
333/4
Dec
47
Apr
9%
925
17%
Jun
Company
;
Lincoln Petroleum Co
1,745
44%
413/4
443/a
909
26%
26%
110
1.20
1.25
1,715
18
18
550
143A
Jan
24%
Jun
95c
200
90c
Jan
1.30
Apr
1
10c
_
__
1,100
8%
95c
5
_
1.10
8%
1.25
1
__
97 %C
...
Feb
8
.
Nov
15
Jan
NOV
51
Apr
Jan
30
Apr
40%
20%
1.10 Mar
•
1.70
Jun
1.60 July
Oct
40
9
1.00
8%
County Land Co
Lane-Wells
9
1.10
Corp
Corp
233/4 Nov
7
Mar
35
12
„
Jun
May
Ma"koot
Oil
Menasco
Co
—
_
Petroleum
Co
1,100
14%
Dec
127
65%
al4%
150
14
Feb
243/4 May
R9% Nov
National
Nov
19% May
Nordon
*
Mt
Diablo
Oil
Ctiy
Mng &
_
Dev Co.
Lines
Ltd
1
1
1
Inc
Corporation
13/4
1.65
__
—_—
1
1J95
'
18c
1%
600
1.35
1.70
33,310
a2%
1
Manufacturing Co
Merchants
Monogram Pictures Corp
14%
_2.50
—,
Lockheed Aircraft Corp
a72% a73%
a 14%
&
of
Creameries
Intercoast
a
Dec
Oct
18 %
Feb
60
,
a33% a34%
*
1
Jan
a6 Vb
_10
_»
24%
43/8
~3%
5%
Jan
Dec
36%
;— 4
•
a34%
Corp__—_
Products
Colorado Fuel
193/a Nov
53
230
h
31%
*
46.
Jan
Jun
3%
11 %
9y4
Corp
Multiplier Corp
50% Mar
Nov
515
31
•
(Un)
page
6%
2
corn-
Chrysler
Clary
41
415
a265^ a26%
common
Youngstown Sheet & Tube-
Youngstown
/
12%
*
*—
Ohio
Jan
Oct
1
Corp
Investment
42
39% a40%
12
(Un)
of
333/4
2s/a
,
—
-33 y3-
Inc_
Corp
Packing
Aircraft
65
13 V2
.12%
50
Bros
Standard
*
—*
Radio Corp of America
Deo
9Vi
17%
Broadway Dept Store
25
31 Va
31%
1•
Pennsylvania RR (Un)l
-Richman
42
a
>■
1
(Nn):
14
Dec
Dec
133/a
42
Appliances
Oil
Certain-teed
72
34%
164
a57% a583%,
*
Central RR(Un
Y
Ohio
14
Feb
4%
Jun
18
.
Hancock
Metropolitan Pavihg Brick——..
•National
17
2%
24%
14
__20o
Chica
33
Dec
Feb
455
•
:
147/a
1
——u
Co
45%
26
40Va
10
class B
G)
(A
150
__
Jan
Dec
500
,_10'
——
Bendix
313/4 a31%
a20% a20%
_^1
Steamship
Island
Lamson
—50
(Un),
200
4%
17
2
7
Sep
22% May
19%
615
1
Company:—
common,
Blue Diamond Corp—!___
115
a44% a44%
•
preferred
Rayon
2%
%
Bros
Jun
446
al3% al33/8
—
Petroleum
Barker
Electrical
Halle
37/s
17
700
Bale File*
Aug
89
89
(Un)——_—_*
common
800
Par
Consolidated
Glidden
19%
Sep
Angeles Stock Exchange
107%
12%
73
38 3 4 a39%
40 V2
a
Firestone Tire & Rubber (Un)—„25
Gray Drug Stores--—
2% May
7
6%
1
com
158%
31%
2,067
a24 Va a24s/8
115
—.—*
(Un)_—__:
100
4
1
common
Oct
105
799
16
72
a39%
2
common
Controller
_;
400
5,300
3'/8
..—,
4
147% Mar
66
a25% a26%
15%
1—_1G0
com..—
Mfg new
1% Aug
1 % Dec
Jun
27/b May
'
10%
—^—
Range Since January 1
Cessna
Consolidated
7
700
Mflfcy
High
16
100
Cleveland Graphite Bronze
1%
6%
STOCKS—
,
of Prices
2%
:——100
.J
9
810
1
Los
for Week
Low
—5
Illumin
1%
10%
Sales
*
1
Iron common—
Electric
Sep
l3/* Nov
but
Week's
25
preferred-.
Cleveland
37%. Jan
Jun
& Fuel—
Cliffs
Jan
l7/a May
7
200
6%
!.
Wayne Screw Products
Chesapeake & Ohio-.
$4.50
15
Mar
25
1
14%
75
74%
Bolsa
City Ice
33
10%
common..;
17%
20%
Apex Electric prior pfd
Cleveland
1,300
24%
1
16%
Sale Price
(Un)
4% May
Nov
Dec
iy4 Dec
5
common
20%
Products (Un)_
Home
2%
8
100
300
2%
common—_1
common
Dist
72%
Par
American Coach & Body
Jan
1%
4%
_*
.
16%
>
—
Jan
Jun
24%
J. _—1
Corporation
72%
-
(Un)
53/4
9
—10
common
20%
Friday
Alleghany Corp
Nov
Jan
Jan
15
,1
—
common.—
Paper
•
—_io
STOCKS—
6%
22 V*
19%
—•
Scotten-Dillon
Cleveland Slock Exchange
.v
Mar
19%
—•*
-
.15
—
J)—.
Oct
8s/b, Jan
Deo
7%
7
____2
common—
Davis
—25
——
(N
65%
Deo
1,000
66c
1%
7
5
—
§heller Manufacturing.
Corp
Jan
9% May
Feb
2% Nov
100
9
lVa
—
_1_
_1
Wheel common
Union
Radio
Jan
1% May
23 Va
57/a
l3/4
1
common
common
24%
25
4%
Feb
4
Feb
12%
7%
—
4%
.
Dec
5%
Oct
13% July
100
1%
65c
'
1
Hone
295
16%
,
1%
4
52% Feb
4% Sep
100
2%
8%
-
66c
^_1
Machine—
common..—„_r.__„_2
472
16%
—
Jun
•
350
13
2%
8%
1
1
—
11%
31%
300
5%
123/4
5
Kaiser-Frazer
58
Oil
13
Jun
65c
100
3
5%
•
common
Jun
6%
21%
Dec
18
1,300
6
3
—
—5
common—
Motor
__
10%
Mar
4
600
66c
213/a
53/4
-
—
10'
3
65c
21%
—-J
53/4
20 Va Mar
100
Jun
.33 %c
Pepsi-Cola
2%
66C
1
5%
4%
Pennsylvania RR
Pure
.
53/4
25 %
50
4%
53/4
45%
185
4%
_1
—
——
10%
13
53/4
Jun
Feb
23
Apr
....
5%
1
Brewing
24%
10
—.
Central
Jun
5Vb
common
$8%
Motors
York
10%
Goebel
158%
Packard Motor Car—
6% Mar
653/4
Oct
148
100
421
100
Dec
.
83/a
3,925
31%
26
Jan
8%
57/b
459
>
34%
583/a
32%
26
•
Dec
30 %• Dec
8%
—1
25%
Light-
Feb
20 3/4
180
5%
common.
10%
&
Electric
General
New
26
Gas
Power
52%
500
30 VB
4%
43%
City Ice & Fuel
100
20%
20%
Industries
31%
—10
—
54
30%
43%
McClanahan Oil
Chesapeake
123A Feb
583/8
Hall
32%
100
5%
Hudson
37% May
10% May
Oct
14%
1% May
17% Jun
1
Jan
23%. Nov
Dec
20 Va
Brewing
Kresge Co S S
American
1
5y«
Kinsel Drug
Stores
100
54
Jan
-
Jun
1%
Gerity-Michigan Corp
Dec
8
36 V*
20 y*
common
Wood
Jan
Feb
20 3/4
1
General Motors
2%
29
20
—
Michigan Stove—
Frankenmuth
High
*
2% Feb
100
Navigation— —.5
Cleveland
Fruehauf Trailer
s
300
30 Va
—
•
Electromaster
Friars
%
10
_
_
Detroit Gray Iron common.
Graham
20%
651/8
*
—
73
37
„
13%
43%
_♦
.___
100
Jun
6%
May
10%
1
;
,
111
Mar
sy
44%
*
/;
Stocks
19
0
,
104
-2
_
1
Edison
100
13%
Preferred
.""Unlisted
&
Detroit
75%
19 %
common
B
Printing
Detroit
19%
—
class
Jun
Jun
LOW
23/s
29%
14%
1
2 9 7/8
102%
Range Since January 1
....
High
1%
*
-V-
•
com—_
Bros
Feb
Nov
143
100
Gamble
&
Davidson
23'
Shares
23/a
1
common
Motors
90
74'%
».
6% May
Continental
30
74%
.
May
for Week
29%
Consolidated Paper common.
Consumer's Power Co common
63
1,739
common—
Dec
4
Apr
27%
106% 106%
10
Magnavox Co
Procter
46
May
1
■
..
Low
common
Burroughs Adding Machine
Chrysler Ccrp common.
96%-;
5%
Kroger Co common—,—
Randall
11
5%
„„
Sons
Oct
5
'
Brown-McLaren
96%
,
i
(E)
23
■5%
1—
Gibson Art
7
Dec
,.—.50
Early & Daniel
Hatfield-Campbell
Dec
14%
254
4
Jan
4% May
Dec
5%
125
25
:
Tel
2%
32%
100
,
6
4
High
Dec
Briggs Manufacturing
•f Prices
Par
Allea Electric common
27%
100
—,.—100
—
Eagle-Pic-her
Kahn
__».-5
1—
—
24
36
5%
15
5%
Elecs common—8.50s
&
preferred
O
6
329
3
5%
Burger
Low
25%
2%
Beau Brummell
Brewing
Churngold Corp
Range Since January 1
High
24%
1
—
—
Low
20
'
i
Range
ii
•
Shares
Sales
Last
for Week
of Prices
Exchange
Week's
Friday
1
—
STOCKS—
Sale Price
Friday
STOCKS—
,.
2-6525
15% May
37/8 May
Nov
DETROIT
Telephone:
..
Exchange
Chicago Stock Exchange
,
Building
Jun
29
9%, Feb
1,500
"
"
—
Ford
<
New York Curb
Exchange*
Detroit Stock Exchange*
,10%
—_i.
Co common
Feb
23
1,700
WATLING, LERCHEN Si CO.
Jun
15
29%
——1
Corp—_^.
Cbrp
Wilson &
V
17
11% May
17
,—1"
ENDED DECEMBER
High
Feb
Oct
29%
25
common-
26%
5
Low
8
700
29%
15
Spring.
WEEK
FOR
6%
3,000
8Va
26%
13A-
—:
Rncony Vacuum Oil Co Inc
Standard Oil of NJ_—
Steel
14-
V,
x7%
2%
:
—
Standard
13
8 Va
STOCK EXCHANGES
RANGE
Range Since January 1
High
common—.*
ftexall Drug Inc__..
Schenley ;* Distillers Corp,
Shares
>
Low
13V4
1
___
(2571)
for Week
of Prices
•
,
Radio
CHRONICLE
Sales
Range
,,
Sale Price
FINANCIAL
a2%
28
1.75
1.95
5,100
1.05 Mar
1.95
7%
7%
186
6Va Mar
9
15c
18c
14,500
1%
95c
3
lie
Jan
July
Jan
Nov
3% Mar
1.70
5
24c
Dec
Jun
Dec
May
Jun
39
40
THE
(2572)
&
COMMERCIAL
OTHER STOCK
Week's
Range
Friday
V
Low
Par
y
Oil
Oceanic
Pacific
Co
Finance
Pacific. Gas
:
&
al8%
(
5%
Pacific
30%
33%
26%
27%
50
50
Co
Inc
Drug
26%
Southern
Jun
Standard Brands
Jan
Standard
35%
Jan
Studebaker
27%
Sep
Swift
51%
47% Mar
40
22
1,193
22
1,756
474
July
Texas
28 %
Aug
Te?cas
32
Jun
Tide
774 May
Dec
.
Richfield Oil Corp common
Gulf
Carbide
Corp..
Aircraft
Pacific
Oil
26c
27C
3,900"
25c
Sep
55c
2,170
15 %
Feb
32 ^
200
8%
Feb
28%
727
25
Mar
May
Oil
Union
United
de
Van
Steel
Kamp's H
28%
25%
Jan
28
120
26%
245
32%
Jan
750
44%
339
55
11%
640
19%
19%
11
51
%
9%
72%
'
American
Baldwin
10%
Dec
Nov
17
10 %
10%
2,302
10
Dec
13%
Jan
10% alO%
90
io %
a
28%
29%
71
71
36%
37
11
6
6
Airlines
American
37
2,295
21 %
-
35
Nov
44 %
July
10%
Nov
12% Mar
Delaware
Nov
10
Electric
5%
680
8,000
1,000
1.50
1,000
a2c
a2c
Curtis
May
Publishing
&
Atchison
Topeka
Atlantic
Avco
(111)
28%
Jan
Feb
1.80
Nov
8c
4c
,
27%
Motors
Oct
450
Oil
Apr
10
Mar
1
div
$1
•10%
Oct
1674
May
Philco
Corp
65
May
Public
Service
7%
1,874
a36%
a36% a36%
179
34
Nov
4674
Sep
33%
695
32
Feb
40%
Jun
Salt
33
48 ;
140
a2574 a26%
25
950
774
7%
11%
135
10%
31
Jan
•
% May;
15
*
37% JSep
4% Feb
2,111
.
157% May
Dec
91
95
•
Dec
7%
259
102 103 74
a38 % a40%
Mar
•
148% Mar
177
7%
714
11%
' May
117% July
49% July
11%
77a
Oct
17%
Dec
Jun
9%
Nov
14
500
•10% Feb
115
33
Feb
45
60
27%
Feb
3 7 74
Cities
Service
530
30% Mar
22%
22%
350
21%
Dec
Solvents
Commercial
47
Jan
65
Edison
Commonwealth
13%
1,470
10
Mar
19
a7%
Commonwealth
Southern
&
(N
Edison Co
Consolidated
54%
330
51
Nov
61
44%
4374
43%
345
33
Mar
63%
10 74
347
10%
Feb
14%
17 74
65
17%
Nov
27%
Jun
25%
319
25 %
Dec
2874 May
a
25%
;
3
3%
a22
70
10
1
..1
10
7%
8V4
Corp
(Del)
___——5
a24%
3%
Oct
24%
Jun
div
$1.40
Week's
Sales
Range
for Week
Low
v
(The)—
Class
,
A
*
common
Corp
Paper
Oil
Sun
149'% 151%
a24% a25%
General
Corp::
466
(B F)
Co
Tonopah Mining
United Corp
United
Gas
Greyhound
Corp
*
•
125
330
2%
274
2%
400
Interlake
Iron
Inc
Westmoreland
International
a29%
International
Tel
Kennecott
Co
&
Feb
13
4%
Feb
974 "
'•
4
Libby
a56%
7
20
50
59
50 74 Mar
6574
1774
18
45
I7V2
Dec
25 y8 May
10%
11
703
974
Oct
13
11
10
50
New
3 8%
467
32
165
34%
Pacific
Ohio
Company
Oil
Packard
Pan
Motor
American
Paramount
Co
10
Car
Co
Pictures
Pullman
Pure
Oil
Inc '.
Gas
—*
...
.
For
1074
40%
28
Jan
45% Juty
2374 July
28% July
20%
.50
19%
207a
1,169
19%
Dec
24%
com
common—
24%
25 74
667
2474
Dec
16 Va
Feb
7%
Sep
265
23
2274
22%
Jun
Mar
27% July
12y8
Jun
1074
*
'
61%
1
—:
18
47 y8
'219
39 V* Mar
50% May
6174
1
10%
46%
—
—....
62 Va
153
50% Mar
7074 Nov
%
1,390
%
%
.
1%
Dec
74
Feb
2'/a
2 74
2'%
503
Feb
3% May
.13 ya
19%
1874
19 V*
1,333
1874
Dec
23 y8 Mar
2
Feb
—10
—
2074
2074
2074
91
20 Va
July
24
.—20
.—4,
3574
3574
36
75
32
Mar
3974 July
Week's
Sales
Range
for Week
Sale Price
of Prices
Columbia
Electric
&
Gas
24%
Refractories
Mining—
11
365
1074
877
10 Vs
Dec
12
24 l/a
34%
15
Feb
62%
220
31%
Nov
21 y4
113
187a
Feb
21V*'
385
liy2 Mar
2%
300
278
31
8c
31
3174
313
—
2%
10
.—...1
Spring...———1
3,600
8c
9c
1374
__
14 74
69
36% Aug
23% May
24%
Nov
Dec
6
Apr
30 74
Nov
*39%
Jun
8c
Dec
19c
May
Jan
15
1174 Mar
5%
Brake
Electric Corp
Air
Westinghouse
Oct
Jan
July
a3
a3
10%
295
10
Feb
13 74 May
..45
32
Nov
38
Oct
11%
Feb
1674
Jun
25 % Mar
33%
13%
J
.
20
13%
50
30
251
50
a
.7
-
Nov
3
Apr
53
62
10
309
8%
Nov
a56 74 a56%
170
42%
Feb
Week's
Sales
Last
Range
for Week
Oct
Sale Price
of Prices
Shares
6074
STOCKS—
674 May
5%
5%
150
4%
Feb
8
320
8%
Dec
1074
Apr
14%
635
<14%
Dec
1974
Apr
al9% a20%
..7. .212
25
13
13
-Apr
31% Mar
Apr
31% Mar
57 74
486
48%
Feb
6374 May
14%
.205
14%
Dec I
21%
17%
18
13%
921
1074
11%
3,206
465
17%
8%
Jun
22 % May
Dec
18% July
12% Mar
13% May
Nov
„
4074 Jun
4%
1,253
4%
Feb
5% May
905
8%
Nov
1174 May
—1
23%
23%
740
18 %
Feb
2674 May
—50
33%
25
16%
16%
366
16 %
Feb
American
Low
American
Tel
Bank Bldg
100
Tel
common..
Falstaff
Brew
General
Electric
common
General Motors
common
common
General Shoe common.
Grlesedieck-Western
& D
Huttig S
3
——15
<—
1
(Un)
_*
(Un)——10
—___——1
& Eqpt common—..
Shoe
Brown
&
Brew
__—._——6
8%
452
7%
22
Jan
53
53
200
41 % Mar
57
May
34%
34%
280
3274
Nov
49 % May
340
25%
Feb
44
3074
32%
Nov
May
14
13
—_l
7%
——_
%
7%
1,161
1,229
Feb
8
7
Dec
74
500
Nov
214>
It
100
2%
Dec
27
27
568
22%
Feb
9
1,200
30%
70
9
a3074
a
8%
26
15
11
13%
Jan
149% 151%
14974
632
149%
Dec
100
7
152
,27
9
9
_
31%
31 %
3174
31Y* Mar
423
51
27 VB
50
2574
Nov
31%
19%
20
267
19 74
Dec
21
41
41
41
300
33
21VS
21 %
21%
196
21%
4174
15
34
..10
1874
1874
20
Missouri
..25
18
18
North
..10
15
15
100
131
Portland Cement——
American common (Un).
Rice-Stix
common
5
—
.
25%
25%
————
preferred
42% May
66% Nov
27'/b
•
33
McQuay-Norris common :
Mar
20
—
35
common
Nov
385
59
215
Steel
27
25
39'%
5 74
Laclede
Feb
2374
13%
common
common
Oct
58
42
Shoe
common——.—
33%
38%
13%
Gas
Sep
Feb
2374
41%
Laclede
Sep
97b
5814
5
4
.—20
International
15'
131
238
Mar
Dec
39% NOV
13
474
28
Jun
155%
Apr,
33%
.
19
Dec
Apr
Mar
42%
Jan
Ncv
Juil
30
Mar
45%
Jan
17% May
6% May
34
Dec
18%
Dec
2374
Jan
22
16%
Aug
19
Jun
87
14 Vz Mar
1774
30
7
24
Apr
5
131
Dec
137%
Dec
7
Jan
July
Jan
Jan
May
3% May
5% May
33%
15
—*
Hydraulic Pressed Brick pfd-.:
High
Low
16»%
5
50
common
Laclede-Christy
Range Since January 1
High
16%
1
Inv common
21% May
8%
Exchange
Friday
Jun
16%
9
St. Louis Stock
Oct
July
8%
—
3574
2074
21
35%
Jun
Nov
51%
8%
5
May
Apr
Feb
1.75
Jan
27
33
26%
;
3974
Feb
Nov
145
;
Feb
21%
24
a32 a33%
•
23 Va
356
a33%
50c
38
26
24%
Jan
*
2474
23%
24
Jun
•
N)V
Nov
1074
Jun
16%
3074
12
974
2774
34%
3374
Dec
39 Vz
Nov
874
Dec
Dec
Nov
,
Jun
2474
2VA
2%
V
10
—5
Supply.
Steel
50
23 y8
.1
National Fireproofing Corp..
Toy
Standard
,
10
,
2474
10
Fuel
High
Low
.
10
*
com
Co
Gas
Star
25
107's
—
Manufacturing
24%
10
——.
new common.. ,—5
—10
Duquesne Brewing
Follansbee Steel
Range Since January 1
High
Low
Steel—
Ludlum
Allegheny
Shares
Nov
15%
,
666
5%
4%
page- 46.
25
4174
29 74
17%
_
*
see
24%
Feb
36%
354
121
of America
.footnotes
Dec
21 ya
260
302
713
Schenley Distillers Corp
I.
2074
333
,
5%
al9
•
Republic Pictures Corp
Republic Steel Corp
St Regis Paper Co ...
6,017
32 Ya
474
.
Oct
21
2374
39%
20*/2
22 y« Ma.v
48 Va Apr
5%
8%
Corp
20% July
Feb
20 y4
1674
3774
31%
15%
;
Warrants
37%
Dec
22%
50
10
5%
al8
Inc
Radio-Keith-Orpheum
5,373
37%
Oct
17
1674
971
17 y8
-
May
8%
5% Mar
31 %
24
15%
Company
Corp
1774
16%
17
—17
Par
1st
Radio
1,973
—*
12.50
..2%
Pepsi-Cola Co
*
——
Phelps Dodge Corporation....:
1
7%
Westinghouse
—•
Pennsylvania Railroad Co
7% May
Nov
United States Glass common v t c_._—1
•
:
Feb
%
Oct
al8%
—
Airways
4%
50
Jun
..100
—
50
%
42%
Feb
'11
100
13%
17%
*
—________
Ry
Oct
May
40
Mar
14%
-•'
RR
North American Co
Northern
Nov
6%
674,
1
3
San
Jun
54%
Aviation Inc.—1
American
1,811
5
5
—__
26% Aug
10 74
1,176
•
a30% a30%
..5
Corp.—
Prod
Central
York
__
18
Montgomery Watd & Co Inc
Nash-Kelvinator
Corp
j.
Najt Distillers
49 y8
%
:
Pittsburgh Plate Glass..——
8
__
—
McKesson & Robbins Inc..—_J—
North
'
.
———
13% July
18 ya May
5674 Jan
5774
161/4
Feb
9% Feb
370
11
July
1474
Light Co—
McNeil & Libby
Magnavox Company
■
Mar
58%
Par
Laclede Gas
Loew's Inc.
7
15% Mar
__10
—
12% July
a51% a51%
•
:
7%
275
30
.*
Corp....
Corp
Copper
Jun
2% May
Jan
310
STOCKS—
Mountain
a2974 a31%
a
*
—__—15
Tel
11% May
65%
1
Last
Jun
11%
__
*
...
Paper
Dec
Feb
Nov
8
50 Va
Pittsburgh Stock Exchange
33 74
Dec
58%
:
a3
•
Canada....
of
Jun
75
227
Coal
Lone
11
-
—"
.
Corp
Co
,
2,272
it
Harbison Walker
58%
;
1
———...5
Illinois Central RR Co
Int'l Nickel
Nov
Apr
Jun
17
1
Joy
725%
a39 a 39%
:
—•
—
66%
75
,
774
—
Jun
632
3 8 74
—
Graham-Paige Motors Corp
Dec
16»%
Improvement
Jun
7%
10%
Corp
—
11%
8'/a
L
1674 Mar
7%
a22 74 a23 74
02274
*
~
Utilities
Public
Goodrich
7%
5
Co.———
Electric
Foods
11%
158%
147% Mar
125
54
11 VS#
common
10
7%
''
1
—
General
2,481"
High
27 y8
Dec
5074
Go
69
7%
1
Electric Bond & Share Co.—
General
Low
21%
101
2274
21%
150
Range Since January 1
Shares
High
7%
Corp.4
Oil
Dome
Scott
El
Feb
Nov
50
133
....
'
Publishing Co
Jun
V? Jun
15 %
preference
Mar
8%
6%
4,195
56
r
2%
290
8%
56
——5
Feb
21% Mar
2,673
a22
•
Continental Oil Co
Curtis
49
Jun
al6%
Continental Motors
Curtiss-Wright
Dec
54%
Jun
10%
Corp..„
Y)
Crown Zellerbach Corp
11% May
44 V2
241,
53'%
common
Apr
•"
—*
25
Vultee Aircraft Corp
Consol
33
Feb
of Prices
May
54
*
Company
24% May
Dec
7ya
4974
July
54 %
Inc.—...
Corp
Dec
23%
15%
28% Mar
170
13 74
...10
Company
System
Gas
16
50
Oct
33%
a53% a5974
.——5
5
Caterpillar Tractor Co.—
Columbia
131
540
a7%
44%
24 %
*
Jun
39%
33%
...—.—25
Co
Ry
Apr
May
24%
al5V4 al5%
15%
Friday
Pacific
July
Dec
a34 a34 74
Bethlehem Steel Corp————
Canadian
30
1674 July
10%
a44 a44 74
.5
100
•
50
53%
Reading Co common
33
a54
7%
————
alO
__1
preference common
Dec
12% Mar
5
Borg-Warner Corp
39%
38 74
alO
.
8
Corp
Pennsylvania Power & Light—
Pennsylvania RR
Pennsylvania Salt Mfg com
Philadelphia Electric common
149 % 150 %
11%
Boeing Airplane Co
19
49 74 May
72
Pennroad
150%
13
Co.—
Nov
Feb
National Power & Light—
200
Fe
Corp %
9%
38%
49%
...
/
305
Co
Aviation
Feb
270
1,077
5
8%
Ry__100
25
(Del)——
3
Ohio RR
Baltimore &
Barnsdall
23 y8
1074
—*
Corp
Westmoreland
Bendix
175
23%
1074
7474
Brothers
14%
a54%
Works——:
Locomotive
92% Aug
Apr
41% May
Dec
6%
1,016
774
5
Mfg Corporation
Baldwin
Nov
Light—...——1374
*
& Santa
Co
Refining
83
88
Co
&
14
—
Oct
200
Jun
86 %
__50
Battery———
50
—10
Corp
Co
Apr
17c
70c
500
5c
Dec
Power
Storage
874
Co——...—100
Steel
43
'
Tel
Armour
Nov
2%
Lehigh Coal & Navigation
Lehigh Valley RR
4% May
Nov
7c
7%
American
"Armco
2%
2%c Dec
27%
Copper Mining Co—
3 7 74
.13
————
1
American Woolen, Co
Apr
110
Oct
1.30
American
Anaconda
Works
Cooper Brewing Co class A—...
8674
7c
8 %
Tel
25%
a40% a40%
„
100
Tel
&
38% July
Feb
100
-
Tel
Corp
67% Mar
3c
3
American Radiator &
&
32
Dec
22% "
6 %
310
-
"
Light
&
Power
6874 July,.
Feb
a7%
Stores
Locomotive
850
-
3%
3%
——_*
Stand San Corp.*
Smelt & Refin Co—
American
Feb
Sale Price
Chrysler
■/. <(
......—
Jun
18%
—
L—10
-—44.
20 74 May
974 -Nov
180
28%
Co.
Mfg
Allis-Chalmers
(F W')
Securities Corp—
participating preferred—.
Budd Company
Sep
10c
■
66%
Bankers
2074 May
15
1
.
Feb
19%
Par
Oct
20
7c
—
5374
Last
23%
19 % Mar
125
250
3c
Stocks—•
Unlisted
Jan
218
Jun
49%
Friday
American
15
110c
Zenda Gold Mining Co.
Co
a
.12%
STOCKS-
15% May
Feb
15
10%
—10
...—
38%
275
Jun
al0% al0%
15
Mng Co..—10c
Mines Co
Cons Chollar C & S Mng Co___
Nov
320
alO
...
1
Jan
"*
—-1
Gold
30
166
__
—5
Inc...
—*
Gimbel
Mammoth Cons
.10
Pictures
Bros
General
Black
28
Philadelphia Stock Exchange
—
Alaska Juneau Gold Mng Co.
29 V8
23% '
■
Willys-Overland Motors Inc....
Mining Stocks—
Calumet
85'/a July
Feb
23%
10
i
62% July
Jan
11
3474
Feb
66%
,
11
Bakers^
Feb
17
19%
..5
...
Incx
29% July
•
Nov
34
'
10
Co——
D
71 %
23 %
v 86 74
Feb
49%
a
Corp
Jan
22%
——•
Lines Inc—
Western Air
24% May
125
33%
33%
Inc_5.
common—25
Corp
Oil
Consol
26
345
28
Air
Jan
724
670
19%
—
—50
Co
Co
July
180
27
24%
27%
.2
——
Western
&
California
of
States
Universal
—
Corporation
28
27%
26%
24%
27
66%
$1.25 conv preferred
Transcontinental
Jun
May
30% July
Sunray Oil Corp common.—....—__1
4V2% class B preferred..—.
—25
Transamerica
28%
14 % Mar
28%
——50c
—*
Dec
Jun
10
Calif
Textron, Inc common
19%
Mar
23 %
9%
——•
Company
of
Co
223
—
__
*
Co
Union Telegraph Co—
Westinghouse Electric Corp
Oct
,
22%
-
Standard
215
Feb
26c
Company
———
Southern
47
23%
v
__10
Western
May
22%
—.
23 y8
Feb
Nov
22c
Oct
122
10
Feb
35 y4
54% 54%
a64% a6578
:
—
*
Carbon
Lines
Rubber
S
Warner
Jun
52 % May
Mar
9c
U
Woolworth
1
1
—*
—___1
Southern Calif Edison Co Ltd com__25
4.88%
cumulative
25
4.48%
convertible
25
4.32% cumulative preferred...,
25
4.56%
conv
pref
—*
So Calif Gas Co 6%> pfd class A_.___25
Oil
Sinclair
162
162
Signal Petroleum Co of Cal_—
Solar
4274
46
15
305
20%
a7274 a74%
22 2274
a29% a29%
a29% ;
——.——25
*
Co
Railroad
Pacific
Union
.20% May
Feb
32%
119
High
1,608
20%
a73
22%
—25
Fox
<Ss
Air
20%
355-
Low
1774
4174
—
—
25
—1
Associated Oil Co.
Aircraft
Apr
8,000
Sulphur
Water
Twentieth-Century
Nov
*
J)
Company
United
Dec
10c
(N
S*.
United
15%
46%
Range Since January 1
High
•
17
4174
17
*
—
...
Co
Mar
16%
38%
Co
Co
.Jun
330
9c
15
Co——
Inc
Corp
v
2,136
46%
Low
1.30 May
17
;
Oil
49
,
16%
38%
—'
Corp..
Trading
Jan"
4% Feb
1,485
16%
46%
30
____25c
Signal Oil & Gas Co class A—
•
Sierra
Nov
15%
2,575
.
16%
16%
*
& Co—i—„——
Roebuck
Sears
Security Company
5%
21%
Nov
60c
400
,
28%
5%
1
Co.
Finance
26%
27
5%
1
5
Aeronautical Company.
Safeway Stores Inc.
Ryan
Seaboard
67 %c 72 %c
1
——0
Oil Co
Rice Ranch
20
31
17% al7%
a
*
Mfg Co
Railway
&
Union
Rheem
'
Shares
Feb
55
Mar
.5
•
Nov
25
4%
Oil
Socony-Vacuum
36
Feb
418
Apr
Nov
,
Nov
49
24%
.4%
2.50
...
Dec
175
:
al9% a20%
1
common
for Week
Par
21%
Nov
300
'
a49% a50%
a50%
Lighting Corp common.____—•
Puget Sound Pulp & Timber Co_——
Petroleum
30
3274
•»
*
•
j
3%
Feb
15% Mar
'315
27%
70c
Dec
1.95
1,353
32%
Pacific
Rexall
30
Co ———10
indemnity
Republic
3,300
1874 al8%
30%
1st
31c
1,175
32c
2.80
STOCKS—
High
Low
*33%
25
preferred
25
redeemable preferred ——25
6%
a
Range Since January 1
High
2.60
2.60
10
Coi-p common.'.:
Elec common.._J
Sales
Range
of Prices
Friday
31c
——1
———1
Occidental Petroleum Corp
Week's
Last
Shares
Sale Price
for Week
of Prices
DECEMBER 17
Sales
Last
Sale Price
STOCKS—
.
Monday,* December 20, 1948
EXCHANGES
WEEK ENDED
FOR
RANGE
CHRONICLE
FINANCIAL
Oct
St
Public
Louis
Scullin
Sears Roebuck
class
50
A
*
& Co
5
13% May
Stix-Baer
3274
Wagner
&
Fuller
Electric
common—
common
...—15
474
16
May
21%
Feb
Oct
20%
25
3974
413
32%
Feb
43
Ma,y
21%
39
1
Dec
160
38%
22
125
1574 Mar
23
July
14%
116
13
Feb
17% May
45 74
242
45
Dec
55% July
20%
—*
Sterling Aluminum common.——
Feb
Apr
Service
Steel common
474.
474
14%
14
45
45
.
■
•
,
:i i -I )'■ *T! W r ..,UU.U
I
ivt?*>;
Volume 168
Number 4761
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
•
(2573)
other stock exchanges
RANGE
FOR
WEEK
ENDED DECEMBER
1J
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
STOCKS-
PACIFIC COAST SECURITIES
Par
Leslie
Salt
Co
LeTourneau
Dean Witter
Co.
a
Exchange
WALL
14
Martin
&
Exchange
Week's
Range
for Week
of Prices
Par
Air
Reduction
Alaska
Co
Juneau
(Un)
Gold
Alleghany Corp
Power
&
1
2%
2%
2%
7%
7%
19%
*
8%
8%
8%
13%
13%
Co (Un)
Copper Mining (Un)
Anglo
California
Armour
&
Atchison
Atlas
Co
(111)
Top
Corp
National
&
•
(Un)
100
(Un;
Atlas
Imperial
Avco
Mfg
150
a
36%
Diesel
Engine.
Mar
27
150
1,582
Feb
11%
Jun
12% Mar
16% May
51%
67
Jan
a
148% Mar
155
May
34%
Nov
57 %
31
Feb
40 % May
28%
2,303
27
Dec
32'A
Dec
15
7%
a
150
102%
134
a20% a20%
...
8
7%
Jan
89%
Feb
20
Feb
24
Mav
May
Sep
___2.5o
5%
5%
400
5%
Nov
9
3
7'A
-7%
904
4%
Feb
7%
all% all%
115
Dec
17%
Jun
13
all%
100
Oil
Co
all% all%
..100
_
(Un)__
298
Bendix
Corp (Un)
Appliances
Home
Bethlehem Steel
(Un)
5
75
298 /
12
10%
Feb
16% July
North
American
North
American
North
Amer
5% %
North
Co
American
Oahu
Oil
Pacific
Sugar Co Ltd
Borden Co
2
10%
1
i_.
(Un)
2.55
Oceanic
(Un).
Cement
Art Tile
class
A
California Ink Co
California
Olaa
Sugar
11%
1,690
2.70
.3,299
2.25
Dec
4%
40%
Sep
43%
Nov
170
52%
Nov
64%
30
Jun
7%-
100
6%
Nov
8%
3%
Apr
7
9%
Feb
12
47%
Oct
47%
30
47
Apr
51
Jan
a34% a34%
a34%
254
28
Feb
40%
Jun
51%
Dec
54
Sep
10%
Nov
15
May
19 %
May
52%
32
a9%
13'/4
52%
a9%
25
13%
990
10
160
50%
a30%
a30% a32%
Central
1
1.35
208
Mar
Sep
30%
Nov
,68% May
Nov
2 2'A May
9%
Nov
11%
Jan
2.00
Jun
1.60
1.60
950
13
13
13%
625
1
10%
10 Va
(Un) ...10
al5
al5
al5
50
Urn,
12
12
150
74 %
75
210
67
56
404
32%
420
17 %
9%
(Un)
.100
100
.
...10
56
100
18%
Amer
Filters
class
A
_*
...
Fisheries
...5
Pac
Coast
Gas
6%
Aggregates..
Electric
ft
1st
Silver
Pacific
Colorado
Columbia
1st
Tel
Commonwealth
1.40
2.411
68c
31%
32%
1,190
31%
NOV
44
Apr
1.95
Sep
%
Jan
Pan
American
Paraffir.e
Park
Utah
Co
Consolidated
of
Zellerbach
Crown
455
35%
Oct
37
Puget Sound
54'%
54%
249
50%
Nov
65%
a43%
a42% a44 %
30
32%
Feb
62% July
30c
Dec
50c
Sep
Jun
Preferred
Curtis
Giorgio
Mill
30%
a28
94
27%
27 %
120
50
50'A
1,271
A
100
Co
Kodak
A
Tele
•
Co
a
133%
•
•
8%
(Un)
*
common
Paint
(Un)
8
Nov
7%
Jan
10%
Dec
13
Jan
34%
Jun
5
State
Co
Goodrich
Goodyear
Tire
North
Greyhound
Hcbbs
B
24%
Dec
35
91%
Feb
22%
100
22%
Dec
7%
Dec
7%
7%
7%
600
7%
7%
8
926
11%
'
11%
4%
Feb
27%
a48
(Un)
(Un)
Power
pfd
8%
—
Dec
20
Dec
19
5%
Dec
8%
Jan
25 Va Mar
31%
Feb
50
Dec
8%
44 %
Mar
42 %
Jun
2
39
30
16%:
16%
16%
630
16%
Dec
22
May
a8%
a8'A
a8%
300
7%
Nov
22
Jan
.25
52 %
52%
53%
285
15
15
20
a58% a59'A
150
P100
^
1
•
—7%.
9
a3%
19'A
Sep
Rheem
20%;
(Un)....*
19%
*
Oil
Bros
Ryan
Safeway
San
Stores
Maurico
Sears,
Shell
Union
Sinclair
Southern
4.32%
Calif
4.88%
4.56%
11%
Jun
Sperry
Jun
Standard
Brands
7% May
27% Apr
Standard
Oil
Pacific
27%
27
39
1,359
31% Mar
42%
Oct
Studebaker
39%
205
35
Feb
40'A
Jun
Swift
58%
770
51
Mar
65%
17%
1,545
14
23
Jan
26%
Aug
Nov.
Standard
25%
200
11%
3,710
60
285
a57% a57%
50
a41% a42%
153
3
3%
of
12
;
Inc
(Un)
Corp (Un)
Kalser-FraZer Corp
Kennecott Copper Corp
(Un).
Company...;
N
see
page 46.
com
Feb
26%
23
Dec
34 % May
16%
-
•
•-
4%
8c
16%
a37% a39 %
313
Dec
21c
Feb
42
Oct
30'/a Mar
399
Dec
7c
46%
Jun
Feb
32%
Jun
57,400
38%
Oct
Apr
32%
915
7c
7%
Jan
21
May
Jun
17%
982
14%
Feb
23
Jun
26
27%
1,425
24%
NOV
34
May
28%
28%
575
(Un)._*
28%
a24%
"
V
225
'
23'/a
15
1,575
25 % Mar
30%
Jun
Nov
28%
Jan
27'A
159
24% May
28%
Jan
a28'/a a28'/a
70
24% May
28%' Jan
a24% a24%
'JJ-
27'A
•
——
23
88
27%
135
Nov
29% July
33%
520
32
Nov
34
49
33%
27%
33%
25
50%
824
44
Feb
62% July
49
26%
Jan
30%
Jun
28
28'A
V2
20 %
212
20%
Dec
29
Jun
66'A
67
1,374
54%
Jan
73
Jun
73'A
73'A
344
Feb
90%
Jun
2-2 VB
•
20
•
Carbide
72%
Jan
Union
Oil
55
Apr
Dec
3
Nov
48'A
Jan
130
40
310
10%
Feb
13% May
13'A
1,625
12
Dec
19
Mar
25
22
385
Feb
Transamerica
Oil
Co
Calif
United
Aircraft
United
Air
United
Corp of
com
48
May
U
S
Steel
15%
16%
2,113
15%
Dec
22
30
17'A
Nov
36
Jan
Jan
55%
407
52%
Feb
66%
Jun
Feb
23%
1,132
32%
Jun
10%
7,976
10
Dec
13%
Jan
40%
40%
788
38%
Nov
42% July
29 VB
29%
1,415
21 %
Feb
38% July
a23% a23%
40%
■
25
93
23'A
Feb
30 '/a May
10
Nov
19
19 %
(Un).—______5
Inc
10
10%
10%
11 Vb
(Un)
1
2'A
2'A
2'A
400
2% Mar
•
72
72
314
68% Mar
36'/4
36%
267
2.25
2.25
100
9
9%
630
25%
25%
305
10
10'/a
250
266
266
10
80c
93c
1,879
6'A
6%
1,072
-r-.
Del
Sugar
1...—10
Oil
Co
(Un)
36%
"
5
—
495
36
■
2.25
Nov
Dec
Apr
3% May
87Va
Oct
45% July
3%
Jan
11%
Jun
Apr
25
36'A
common.
Corp
Utah-Idaho
28% May
Sep
Corp
Lines
Universal Consolidated
Jan
Feb
31'A
lO'/a
10'A
•
j.
16%
57
23%
a
(Un)_.
69%
917
54%
common_.___10
Carbon
of
'
25
._—
Corp
<&
—
22%
a29 a29%
1
25
Oct
5%
(Un)_;
(Un)
Ass'd
Water
Union
July
J
3
3%
415
2.25
3%
3%
600
1.60
Jan
4%
125
4%
Dec
10 %
78
Sep
7.50, Jan
5% Aug
May
May
Victor
Equipment
Waialua
Name
Co..
Agricultural
changed
Waialua
al2%
100
13%
Nov
22%
Jun
Wells
10%
10%
11
725
10%
Dec
19
Nov
Westates Petroleum com
2.05
1.85
2.10
3,850
1.60
Nov
>
a32% a33%
70
9
9%
500
30
30
610
a9'A
a9%
95
31'A
8%
25
8%
39c
39c
39c
228
l
8%
8'A
9
2,115
8
*
a56'A
137
43
a55% a57 %
42 >A'
44 »A
34
Dec
Oct
Mar
35
17%
32
Pictures
40%
Feb
•
—5.
...100
(Un).
(Un)
80c
1
—
Jun
West
Jun
Western Air Lines
July
Indies
Sugar
Western Pacific
22
(Un)____—
350
'5%
300
a26
20
15%
15%
23%
24'/2
44%
5%
1
Co common..—
22
5%
a26
1
Inc
RR
24
9%
266
31c
4%
Jun
32%
Jan
Nov
14
May
Dec
301
Jan
Mar
1.80
Jun
Jun
Feb
10
44%
19%
Feb
24% May
Nov
10'A May
33
Jun
33
225
15%
Dec
725
23%
Dec
24% May
33 % Jun
5%
Jun
1
16%
Jun
Western
Sep
42 %
Jun
Westinghouse Elec Corp
Jan
Woolworth
15
Feb
59% July
Dec
51
Union
(F
Telegraph
W)
(Un)....*
(Un)—-•.12%
(Un)
Yellow Cab Co common
24'/a
10
__i
1
6%
"
725
7%
Jun
Nov
Nov
•
..20
(Un)
Fargo Bank & U T
Preferred
2.85
;
-
Feb
Bros
9
Co—
to
52%
Warner
1
Liquidating Co Ltd
1,000
5
15%
100
Jun
16%
(Un)
Company
Jun
53
Apr
39% Mar
*
•___
164
225
5%
.
May
16%
—25
of
Co
66
9'A
'
24
48%
27 %
(Un)__„
al3
a
Jan
Dec
Jan
15
(Un)
64
*
40'A
17%
.15%
22'A
Calif
64%
9
Dec
362
1,190
■;
38%
—
•
al2%
30
—
...25
of
Corp
38
%
10
Oil
Co
20%
4%
(Un)_*
16%
8c
•
1
Dec
25
33 %c
Canada
16%
Oct
23%
-23
.'5%
Jun
33'A
22%
Co
Co
Feb
10%
59
225
a42% a43%
10%
24
&
Texas
Tide
25
59
___20
.....
Nickel
.
32%
23%
23'A
•
Jun
Nov
Feb
34%
120
17%
28%
34%
22
300
1,096
Nov
22%
192
24%
27%
11
Nov
16%
10%
(Un)__l
Jun
11% May
6% July
31% Feb
a37%
Corp
38%
25
6.66%
Corp
49 % May
...5
....
»
Mines
Feb
•
...
*
Co
Aug
"
39%
11%
3%
29%
545
17%.
-
5
So Cal Gas Co pfd Ser A
58%
3%
Dec
100
26 %
•
;.
preference
conv
,
a33% a33%
25
preferred
46%
1
Jan
19%
7%
17%
P10
...
preferred
Feb
.___1
8'A
24 %
1
Edison Co
4.48%
Dec
16%
15%
26 %
1
Pulp Co
Nov
*
Dec
Dec
15
5
*
Jun
9
3%
2,530
a31'A a31%
.
26%
•
Oil
5
a41%
(Un)
Co
Inc..—
28
*
58% July
18% May
75%
110
9%
••
26%
preferred
Conv
a31'A
l
Corp (Un)
Socony-Vacuum
Oil
(Un).
Soundview
7%
.
10
:
Mining...
100
16%
(Un)
OH
Southern
27%
25
Roebuck & Co
383
-
7%
.
9%
-
Aeronautical
3,432
__
"B"
Riverside Cement Co class A
Roos
5%
27%
Feb
Feb
Feb
5
a34'A a36%
Corp
29%
38%,
10
55'A
41
"
(Un.i
Manufacturing Co
Richfield
28
3/c Jan
;
10
a3%-
Reynolds Tobacco
5%
28
Apr
50
Oct
Sep
'
■
May
3
Dec
2
1
7%
Dec
100
1
7%
'A
2
'
^1
Orpheum (Un),
Ry Elec & Realty Co common
Rayonier Incorp preferred
7%
10%
^
Co
*k>r footnotes
452
26% May
42% May
Dec
44%
28
Feb
15
Jan
Mar
30.
Dec
18 %
Feb
Oct
5'A
100
500
19
352
8
Apr
34%
28
11 % May
681
2,109
1,965
_*
Land
12% July
11%
5%
Nov
633
14
14,100
_*
International Tel & Tel
Eem County
July
11%
5%
8 Vi
9'A
19%
22%
13%
%
a42%
(Un)
Apr
5% May
Dec
*
36 %
3
Inc
146 %
Vt
l_33'/3
...
(Un)
America
A
(Un)_*
Corp
Johns-Manville
13
195
a48 a48 %
4
(Un)
of
35
•
Nov
130
Feb
36
__1
Independent Exploration
International
103% July
28 % Jun
793
•
(Un)
Maryland
16% Mar
1,110
'27%
■
2
576
Nov
%
10
(Un).—
non-cum
Car
Jun
12
._._*
Rubber
Jun
26'A
1
Pineapple Co Ltd..
Oil
28% May
25
5%
44%
2%
Co common
Stores
Oct
5%
5%
10
common
1Q4%
32%
_*
Motors
Ry
3%
11%
*
•
Hunt Foods Inc.
Idaho
3,292
95%
com____5
Corp
Hudson Motor
Idaho
25'/a
22 %
-»-«
Holly
Development
Holly Oil Co (Un)—
Honolulu
Dec
Mar
95%
'
Battery Co class A
Class
Feb
24%
.10
Ltd
&
Graham-Paige
Bros
2%
*
100
(B F)
Hawaiian
24%
10
...»
preferred
Oct
Jun
26
Feb
330
Jun
9'/a
Gladding McBean & Co
Nov
19
1
795
*
17'A
22%
.
—
•
373
common—
Oct
61
141%
"
:_1
Republic Steel Corp
1,375
10
•
Corp
12%
77
4%
4%
10
1
Republic Petroleum Co
Jan
8%
General Motors Corp
al6
al33%al33%
4%
16
9%
•
Jan
Jan
22 % Mar
al5%
55'/a July
Feb
115
7
MO
14% July
7%
(Un>—I
20%
50
240
29%
9%
(Un).—.
Corp
56
al41'Aal41'A
528
Feb
9%
.-...25
Food
52
——
24
Feb
25 %
Chemical
Sep
Mar
47
91 %
Aug
21'
common
27%
24
10%
435
Radio..
Nov
90%
15
275
(Un)
Jan
25%
>265
1
&
Kleiser
General Electric
Halo
50
22
Co
Machinery &
Great
325
15
25%
15
J
29%
31%
Oct
22
5
of N
Nov
31%
Sep
25%
Preferred
4%
10%
15
(Un)
Co
Aor
27
July
*
28
22
(Un)
Jan
32
90%
(Un)
22%
25%
common
36%
35%
100
'Un)
Pulp & Timber
Co
Corp
(Un)__•
...
Dec
Mar
29%
33
al6
Keith
1,103
.
Capwell
1
Farnsworth
Golden
110
10%
1
cl
Corp
Bridge
Emporium
General
Jun
a21% a21%
1
Co
6% May
29 % Mar
*
(Un)
Oil
Radio
3
(Un)
Jan
Sep
(Un)__.___________20
Co
Pullman Inc
Radio
3
(Un)
4%
Sep
a27 'A
(Un)
com
Mines
Pure
May
3
Eureka Corp Ltd
General
25%
a21%
*
'
Chemical
&
13% Mar
*
common
Dumbarton
Food
25
1
Doniinguez Oil Fields Co
Foster
20% Mar
al8% al83%
Aircraft—___.I
Corp
Fruit
B
Eastman
247
Corp common
Doembecher Mfg
Dow
300
•
Publishing Co (Un)___
Class
30c
25%
-—
Curtiss-Wright
Di
30c
25%
Inc
Crucible Steel Co of America
Jun
4%
551
(Un)__10
Philippine Long Dist Tel Co
Phillips Petroleum Co cap
Pig'n Whistle conv* prior pfd:
a34
(Un)
Amer
Nov
41%
Nov
1,331
1,192
com
Pennsylvania RR Co (Un)
Pepsi Cola Co (Un)__
a32 %
25
Vultee
Continental Motors
Creameries
Jan
3.50
Feb
2.35 July
5,454
•
....
Airways
Cons
a32%
•
Consolidated Edison Co of N Y
17%
24
Companies
Pioneer
10c
Commonwealth Edison
Jun
Sep
5%
31
common
com
Paramount Pictures
11% July
(Unj
July
27
Apr
30
100
Nov
3%
Southern
&
69
Feb
15%
33%
:
Tel
Motor
8%
(Un)_____
Feb
29'/a
25
Preferred
Packard
462
System cl A_._2%
System (Un)
Gas
Jun
Apr
33%
common
Service
&
a8%
Broadcast
Columbia
Aug
Feb
29%
preferred
a8
10
Columbia River Packers
85
12%
25
pfd
17
18% May
Mar
9%
27%
'
,
13% May
Feb
Feb
15
8
4%
30%:
,
*
50
a
25
—25
...—
(Un)
Public
a8
Fuel & Iron common
J&n
i
18 % July
13%
4%
25
common
Portland Cement
Preferred
Pacific
100
...
Feb
Feb
8%
1,475
a28% a28%
5
preferred
1st preferred
•
Mines
Clorox Chemical Co
11
»-» 00
a"
al3%
—
.
Pacific
"•
56
*-* 00
,
f
Clayton
1.55
12%
Jun"
38
1.25
25
(Un)
Co
17%
640
Phelps Dodge Corp
Co
2.50
Service
Jan
625
1,000
Nov
200
13%
Cities
9
17%
10'A
2.80
United
Jun
225
10
a54% a54%
trust ctfs
Jun
Jun
13% July
9%
33%
Oliver
Jun
54 %
voting
20
Mar
6
10
Jun
65
21%
17%
2.50
Pacific
Jun
40
a
Preferred
8(7'A
May
17%
33%
Corp
•
Chrysler Corp
a7'A
Feb
Jun
51c
10'A
•
______
Lighting
6%
25
voting trust ctfs..__
100
.20
(Un)!
Co
1st
•
Common
10'A
2.45
redeemable
10
1%
Chesapeake & Ohio Ry (Un)
Chicago Milk St Paul & Pac—
10'A
Feb
27%
5%
Tractor Co
Celanese Corp of America
Mining
15 VIb Mar
39c,
Oct
7 %
Caterpillar
Eureka
14%
130
380
19% May
6%
50
Canada Dry Ginger Ale (Un)
Canadian Pacific Ry (Un)__
560
1,700
Oct
10
_*
.......
.....
48 '/a Mar
19 %
8%
3 % Mar
Jan
15'A
a
2.85
13%
6%
*
Packing Corp common.....*
Preferred
513
18%
1
1st preferred.!
*
Co
California
57%
56%
al4%
2.65
5'/o
*
Calaveras
Dec
2.65
Jun
57%
Mar
18c
1
38
57%
18c
8,300
•
Feb
2.25
1
1,400
24
(Un)
Oil Co
26%
10%
5
Sugar
23
23
Co
Oil
Ohio
Pacific
Calamba
22
715
190
Feb
Jan
Jan
23
10
34%
6%
17%
34 %
23.
1.15
1,657
10
5% %
a39"% a39%
15
Borg-Warner Corp
Dec
31
50
Jun
Mar
12%
1,985
Dec
May
*
180
10
Dec
39 %
13
170
.—20
July
.
19%
•
(Un)
45
30% Mar
31
Nov
*
Cons
360
50
20 %
Dec
9%
12%
1.1
Ry ~1[Un)
Sep
481
Feb
22%
495
al5
.
...
Mar
a9%
9%
687
19%
(Un)
preferred
38
34%
1,945
11%
_
•
common.....
230
a9%
20%
a30% a30%
Jan
36% July
32% Mar
23%
5
common
Invest
40
33%
12%
Jun
3%
23
10
Aviation
120
:
•
Bishop Oil Co
Blair Holdings Corp (Un)
*
(Un)
Nov
10%
18
(Un)
2.35
May
20 Va
23%
.__JL
44%
__33Vbc
„
75
a31%'
1
%
44
a31% a31%
;
34%
___5
Aviation
110
1
Co
Pacific
Barnsdall
Bendix
2.35
10c
(Un)
RR
Nov
(Un)
Baldwin Locomotive (Un)
Baltimore & Ohio RR (Un)
Bank of California N A
Central
Aug
May
119%
Y
Northern
377
515
100%
2.35
Apr
24%
20
?
N
Jun
33%
7%
al00%
Feb
Nov
.5
(Un)
.....
Jan
27%
27%
14
1
Natomas Company
New Park Mining Co
4% May
33%
5
Corp
10
Dec
7
395
10
a36% a37%
.5
Fe
Oct
950
•
a54% a54%
20
(Un)
Santa
Dec
6 */4
*
50
Bank
2%:i
19%
20
(Un)
26% May
4% May
10%
15
(Un)
&
Nov
'50
•
Lode
Corp
Nov
23% May
371
Fibres
Auto
8 >/a
36
al8
(Un)
Inc
National City Lines
National
Distillers Prod
High
Dec
2%, Nov
630
19%
19%
175
7%
Woolen
Anaconda
675
19%
Amer Radiator &; Stan San
(Un)
*
American Smelting & Refining (Un)__*
American Tel ft Tel Co (Un)__
100
American
220
1
(Un)
Light
Low
20
3%
20
(Un)
Ltd
High
3
3%
National
84
1
Morrison-Kpdusen Co
Range Since January 1
a8
al8
1
Mother
a8
High
Feb
Dec
15'A
....
Cons
Nash-Kelvinator
Shares
20
Co_____:._-10
(Un)
Factors
American
*
Min
American Airlines Inc
American
Low
M
10%
al8
Co
Montgomery Ward
Sales
Last
Sale Price
Friday
&
Mindanao
San Francisco Slock
STOCKS—
& M
32
190
15%
1
Co
Robbins
Mfg
320
11
■„_*
...
Navigation "Co
Menasco
32
11
a8
-
1
common
—
32
•
Calculating Machine
McKesson
M J
H)
(Glenn L)
Matson
HONOLULU
-
(R
Co
Marchant
Teletype NY 1-579
LOS ANGELES
Co.
Magnavox
STREET, NEW YORK 5, N. Y.
-
ft
Low
32
__„7
Lyons-Magnus class B
Macy
Range Since January 1
High
..
..1
Lockheed Aircraft Corp
Inc (Un).
San Francisco Stock
Telephone BArclay 7-4300
SAN FRANCISCO
Inc
Loew's
Exchange
Stock Exchange
Los Angeles Stock Exchange
and other principal Security and
Commodity Exchanges
Honolulu
G)
Libby McNeill & Libby
MEMBERS
New York Stock
(R
Low
j.:—--10
....
Apr
Preferred
...
25
--
6%
6%
20'A
20%
422
,
42
Nov
49
Jun
2,050
6%
Dec
11
Jan
290
20'A
Dec
27%
Feb
41
42
(2574)
THE
COMMERCIAL
CANADIAN
RANGE
FOR
&
FINANCIAL
LISTED
WEEK
CHRONICLE
MARKETS
DECEMBER
ENDED
Monday, December 20, 1948
17
Friday
Montreal Stock Exchange
Week's
Last
"
STOCKS—
Sales
Range
for Week
,
Sale Price
Shares
of Prices
Range Since January 1
Canadian Funds
Par
Friday
Week's
Sales
National
Last
Range
for Week
Sale Price
STOCKS—
of Prices
Shares
Par
Abitibi Power & Paper common...
$1.50 preferred
$2.50 preferred
—
Acadia-Atlantic Sugar class
38
5
22
465
36% Mar
39
24%
55
586
33 y4 Mar
57%
777
43
Feb
65 %
25
25%
25%
24
Feb
253A
7%
Jan
1,220
6%
1,100
617
53/4 Mar
15c
Dec
66c
25%
S5%
25%
161
24% Mar
Oil
21%
21%
21%
1,055
17% Mar
22%
Sep
42%
42%
43%
4,387
42%
44
Oct
18%
2,678
*
18%
13
,
——L
25
Power
13
56
23%
23%
1,407
25%
*
British Columbia Elec Co 4%
pfd—100
British Columbia Forest
Products
•
Columbia
18%
23%
25 %.
25%
*
common—
Corp
cl
A—•
Class B
:
—:
Brack Mills $1.20
partic class A
Class B
Dec
17
Feb
13
Dec
19
20'A
Feb
Gold
Dredging
Canada Cement common
$1.30 preferred
Canada Forgings class A
Canada Iron Foundries
24
Jan
Northern
Power
Canada
Safeway
Canada
Steamship
5%
Ltd
4%%>pfd-
Class
$1.75
Feb
27%
Sep
1st
Sep
2nd
17%
35
preferred
$1.00
28%
65
15%
Dec
225
7%
Sep
24
24%
29%
29
29%
1,172
2,530
27
Pacific
9%
9%
Mar
11
Jan
19%
Davis Leather Co
Ltd
35% Mar
42
Jun
1,885
17% Mar
23%
Jan
35
23%
Bros
Wares
Dec
23
-100%
Nov
5
8%
Nov
370
21%
Dec
8%
40
Aug
15
15
a24
-
22%
25
21
Mar
23
Aug
a45%
a46
21
44
Jan
47
82%
26%
80
312
47
47%
433
44% Mar
a24
5
22
145
145
115
144
Feb
16%
15%
200
12
350
25
Jan
12
595
10
Mar
14 % May
Mar
113
10
Mar
14%
Jun
25
28%
Dec
19
25
17%
Feb
21
17%
125
16%
Feb
20!
,•
„
50
6%
6%
' 79
81%
33%
31
34%
Nov
13%
13%
75
11 % Mar
15
Jan
16»/a
16%
5,041
12% Mar
213A May
33%
1,250
20% Mar
8%
8%
9%
37
9
Nov
10%
12%
12%
13
266
10
Feb
408
81% '-
123%
120% 129 %
.29%
29% -30%
5,282
91% Mar
1,170
,
29%
a35
28%
a35
15
33
28%
20%
20%
29
588
280
72
167
20
160
325
5
16%
—*
i
Worts.
27%
16%
-1,361
21%
500
19
25
34%
'
34%
100
98
*
common
•
,
16%
98
Dec
131%
■V
Mar
38%
21%
Jan
24
Nov
25
Feb
26%
26%
27
a35%
a35%
1 a36
25%
25%
25%
28
Jan
30
33% Auk
37%
Feb
1,260
23% Mar
25%
Dec
1,265
-
27
26
Sep
Jan
22% May
Feb
1
16
Feb
23
Feb
28
Jan
30
Feb
40
Dec
Atlas
32'A
Jan
35
Jun
Bathurst
225
16%
867
.
14
Feb
85
23
Mar
Sales
Range
for Week
Par
1
Steels
1.
Ltd
Power
19% May
Belgium Glove
26%
Brand ft Millen
Jan
Week's
■
STOCKS—
r
of Prices
Friday
ifi
\
..
Last
Sale Price
'
.
&
Shares
Low
t 12%
Paper class B
*
1%
pfd——ii.100
5%
12%
Low
10
5%
925
5%
16%
45c
300
16
45c
200
35c
13%
Sep
22
Dec
Feb
22'/% July
Brewers
11
Feb
13 % May
British Columbia Packers Ltd class B_*
al65
6%
6%
25
al65
6
165
Mar
British
113 1
18%
115
45
18%
25
18%
Dec
20
Jan
25
25
75
25
Oct
29
May
1.00
14% Mar
18% May
Canada Malting Co
14%
14%
2,480
14
18 3/8 May
Canadian
24
1.00
1.50 Apr
19% May
Dec
24%
180
19
Mar
25
Nov
85
85
85
30
84
Nov
91
July
173/4
17%
173/4
70
16%
Oct
20
Jan
104% 104%
27
Sep
108
100
2%
2%
500
2
Sep
4
Jan
15
15%
145
14
Feb
17%
Jun
a52% a52%
20
50
Jan
53
Dec
16%
16%
330
13
Mar
17
May
8%
8%
2
6%
Feb
31
3oy8
31
221
23'A
Feb
463/4
46%
47
215
44
*
56%
56'A
57
1,331
15 y4
16%
Canada
Dominion
&
Gen
19%
19%
13%
13%
19%
10,419
i3%
1,955
150
a6%
25
19%
♦
25%
a6%
Mar
49
60
Nov
20%
709
14
Mar
12
Jan
20
14%
24% Mar
6%
19%
Nov
Nov
25 % May
Dec
7% July
Dec
25
Sep
a85
5
84 %
Dec
92
50
98%
Dec
103
May
20
Sep
7%
.15
20%
135
34%
34%
;|
Jan
1,985
29% Mar
393/4
Jun
27
56%
56%
57%
1,631
46
Mar
70 3/4
Jun
13
12%
13%
9,480
11
Mar
16%
47
370
39
Mar
53
Jun
13%
14
2,190
13%
.
«
___
—
MacMillan
*
Export class A
Corp Ltd 5% cl C pfd__ —100
*
Massey-Harris
•
McColl-Frontenac Oil
Mailman
...
156
.15
4
4%
3,775
105
490
20%
20%
20%
470
15%
49
Nov
3%
6%
100
44
14
23
21%
22
359
172
173
40
77
82
80
21%
172
.
Oct
Jan
18
Jun
24%
Feb
•
Jun
50.
Apr
293
Jan
115.
Feb
49
„
17
Oct
188
kar
17%
17%
Aug
134 % May
•
78% Mar
153
Jan
8%
Fefcr
156
*
25
»
40
Tramways
*
Trust Ltd com—•
Vickers
Canadian
Ltd
59% Mar
162
Jan
2
Dec
3%
210
.2%
1,619
Feb
3
July
10%
42
10
Mar
14
Jun
24
140
22
Mar
25
65
1,258
20% Mar
65
Dec
199
Oct
23%
59
100
138
135
145
Canadian Western Lumber Co..——2
3%
3%
3%
112
112
113
25
-
130
329
4%
Mar
1.45
6,900
Cassidy's Limited 1%
preferred
Oct
82
2
62%
1%
176
Jan
3%
10%
•
common
Jan
61%
10%
1
pfd
Claude
Neon
Gen
Adv
100
—
Ltd
—*
Commercial Alcohols Ltd common
11
11
Feb
3 Va
25c
25c
Consolidated Div Standard Sec
758
6
•
Jun
Jan
4% May
Apr
53/4
Preferred
*
,1
—
6
11
.
.
-
130
.
Jan
620
Dec
13%
Jan
Oct
50c
Jan
3%
11
162
a35c
3
al6
—
Nov
11
25c
a35c
A—•
cl
108
25
•
com.,
Consolidated Bakeries of Canada Ltd—♦
Consolidated Lithograph Corp
Paper
Consolidated
5%
oorp
Ltd—_*
Ltd——•
Mills
Textile
preferred
al6
1
50
20
7%
Sep
9
35c
Feb
15%
Jan
Mar
16
26
26
26.
17%
18%-
17%
com——*
40
20
...
Cosmos Imperial Mills Ltd
60c
July
SeD
Jun
.
'1 (
Aug
Jan
28
Mar
14% Mar
5,026
41
365
9
18 Va
18 Va
Nov
Jun
Dominion. Square Corp
366
25
Oct
25%
32 %
Jan
Dominion
30
155
Oct
Nov
Donnacona
26
160
19
27
16% Mar
14y2
14%
85
13 % Mar
21% May
17% Jan
14
14
25
14
Oct
16
200
21% May
41% Dec
16
Feb
May
27% Apr
32
Nov
-19
a65
10
Oilcloth
14
Linoleum
ft
162
•
:
30
a32
..
195
15
30
33%
30
Feb
45
45
75
38
38%
145
56 3/4
563/4
55
38
Woollens
ft
*
Worsteds.
'
Deo
Jah
Dec
Feb
46
33
Feb
39%, Jun
37%
Feb
57
Nov
18%
Jun
50
May
50
May
Falrchild
9
Feb
11
July
Federal
100
Feb
Fleet Manufacturing
Nov
Ford
Aircraft
Ltd
95
110
95
Dec
22%
2,030
16
Mar
23%
Co
Motor Co
class
.1
Ltd
*
of Canada class A_—*
14%
3,615
35%
165
33
Nov
39.55
39.55
39.65
1,708
38
Feb
40
Feb
19%
19 %
19%
1,020
14
Mar
21
Nov
Hydro-Electric Secur Corp
15
45
Jun
50
Sep
Inter-City Baking Co Ltd
Apr
44
Oct
International
45
Jan
a50% a50%
9% Mar
37 %
39%
107
30
37%
37%
37%
1,627
37
16 % May
•
Fraser
38
Great Lakes
May
Paper Co Ltd
preferred
12
41%
Dec
45 %
Apr
113/4
100
10%
Sep
13
Jun
6%
Paints
convertible
23% Mav
Aug
29
Oct
16
50
16
Dec
19%
Jun
10% Mar
2%
253/4
1.30
925
38
38
25
7%.
,
7Va
50
4
Jan
9
2%.
2%
1,800
2
Sep
3% Jan
253/4
26%
1,650
21
Jan
27
62% .Nov
-
•
80c
Mar
(Can)
56%
56V4
57
1,120
42%
Feb
15%
15%
16
1,020
15%
Dec
-*
39
Ltd
cl
39
39
11
L*
2%
2%
100
100
:
75%
75 %
25
9%
9%
200
%
8%
63
a51% a51%
5
A_«
common..*
preferred
8
—50
Loblaw Groceterias Co Ltd class A
*
Lowney Co Ltd
*
(Walter M)
2%
49
36 % Mar
•
com.a
—
Investment Foundation Ltd
Mar
a41 % a4i %
113/4
A
Oct
25
...—,,_1
Companies
Class
197/a
2
1.30
;
*
A—
14
2,071
a23
16
5
—,
Fanny Farmer Candy Shops Inc
Grain
200
21
a23
Co
7
22
13%
20%
_*
Ltd—
•
pfd
—100
Esmond Mills Ltd preferred——_—20
Paper
35%
——
a32
East Kootenay Pr 7%
500
95
22%
30
:
Apr
a65
30
,4—
David & Frere, Limitee class A.
.50
Dominion Engineering Works Ltd.:—•
14%
39%
25
Inv
•
Canadian Marconi Co
Mar
-
*
...
For footnotes see page 46.
16%
4% May
74
10O
Canadian Pr & Paper Inv 5% cum pfd_*
Canadian Silk
Products
class
A
•
10% Mar
93/4
——
..
Chemical pfd
r
—
Rand Co—
23
25
19
*
_
_
common
•
,.
4
100
Ingersol
Dominion
■
23%
26
160
*
preferred
10
Jun
23%
*
.
Montreal Telegraph
15
101
Ltd
preferred
Canadian
Consolidated
20%
343/4
5
Molson Breweries Ltd
Montreal Cottons preferred
Jan
Jan
98%
45%
..
Oct
1.00
July
Jan
98%
*
pfd—
43%
9% May
35% Sep
a85
_
Sugar
Ltd,
Investments
Chatco Steel Prod Ltd common
_
A)_^
'.
<
Jan
__
_
(John
Jan
a
•
Canadian Industries common
14%
common_5
common
100
15
100
—
16% Mar
100
a
com—•
1
,——;—
50
*
_<
Ltd—5
Company common
150
_
Breweries
Brown
15
...
National
Vancouver
1.00
*
(John)
Montreal
of
16%
Power
Montreal Locomotive
Dist
&
Columbia Pulp ft Paper
Preferred
15
International Bronze 6 % pfd—.
...25
International Nickel of Canada..
*
Lewis Bros Ltd
London Can Inv 5%
July
1.00
__
Woods
170
16%
_
International Utilities Corp
Apr
27% May
20
Jan
17%
Aug
.
Jan
163
Dec
16%
45c
75
50
_
158 %
Jun
6%
Mar
10
High
13%
Mar
4
158% 158%
& Hosiery 5% pfd—_2Q
Ltd class A—, 1
*
170
50
—*
_
Range Since January 1
High
12%
•
3,572
*
Ltd..
>
Jun
Aug
Montreal Curb Market
Jan
50
Co
Oct
May
20
22
*
common
35% Dec
Nov
37% May
15
23%
25
Petroleum
99
45
21
12%
—£1
Paper
Jan
105
21%
*
International
Feb
96
1,035
10
_
Canadian Inter
International
20%
Nov
100
____
Oct
Jan
20
,„——10
—
20
common.
22
21
23%
11%
——*
Corp
/
22%
•
21%
11%
*
Canada
18% Sep
31% Mav
Nov
Mar
Dec
20
23
10
Nova 8eotia
875
34%
16%
_
preferred
Indust Acceptance
4%.% preferred
Dec
34% Apr
v610
10
Preferred
6c/o
Sep
8% May
17% Aug
50
42
22
•
of
83
167
-
-
——10
Royal
1,645
40
23%
*
—
24
20
1,472
-
98
41%
—
16%
100
28%
33%
,
16%
27%
21%
19
*
•
Mining & Smelting
Nov
Mar
•
Belding-Corticelli
—„100
common
82
Mar
Mar
7
82
jun
8% May
,
Feb
167
Montreal
33% May
2P/4 Jun
21%
39%
34%
•
.
6% Mar
67
May
Canadian Funds
a25 Va a25 %
39%
.23%
1927
Alabastine
17'/a Nov
29% Jun
16% Aug
*
inc
'
135
81 %
_r
Oct
116%
•
25
Corp__
11% Mar
16%
28%
19
17%
»
.
11%
*
preferred
,
16%
"
„
6%
Commerce
30
155
Jun'
17% Nov
.
28%
„
.
6%
com
Apr
27
Mar
167
Canadienne
11%
85% Nov
48
Sep
24% Oct
49
July
20% Mar
•
'
26%
Aug
15% Sep
'31% July
"
40 % Aug
1,764
i63/4
common
Banks—
11%
Aug
144
42
83
6%
preferred
11%
27
Dec
237/a
*
Limited
,
102 % May
11
Sep
Aug
23
<
41
Jun
5%
*
23%
•>«
Ltd
Zellers
12
15
1,13'
•
100
&
Electric
213/4 *
Dec
May
14% May
Nov
8
a24
*
a.
Cotton
Winnipeg
83A
21 %
Dec
35 % Mar
22%
25
common
preferred
Ltd
10
•
1
1
A
pfd
Bridge
Howard Smith Paper
National Drug &
22%
16 3/8 Mar
i,---'-'
Hamilton
preferred
704
340
850
General Bakeries Ltd..
Lang ft Sons
Laura Secord
23
39
18%
common——
Goodyear Tire 4%
Gypsum Lime &
the
105
9
"
„
22%
39
100
Limited
9
1
,
26
Apr
;
Wilsils
95
18%
preferred
International
247/a
pfd
Tuckett Tobacco 7%
United Steel Corp.
Nov
Feb
183/4
Foundation Co of Canada
Gair Co preferred
preferred
100
47%
—*
-
Western Grocers Ltd
58
*
Canada
preferred
25
*
—_
common
u
Walker Gooderham
220
•
...
Imperial Oil Ltd
Imperial Tobacco
,25
*
Eddy Paper Co class
Corp
Hudson Bay
18%
41
*
...
Power
Jun
90%
—20
Paper
General Steel
15% Mar
.*
Canada
oreferred
Wabasso
93A Mar
22
Ltd
Power
93% Mar
*
com
—
Jun
Mar
a46
July
95
237/a-
50
Canada
certificates
18%
15
22%
100
j
Jan
—.100
15
892
89
Dec
82%
Dec
1,515
200
:
of
173/8
68
885
267
1
•
com—
common
23%
14%
23%
__
Co
Feb
__
Dec
23%
common
Famous Players
7%
160
20
23%
Electrolux
1%
36
23%
16%
—•
East Kootenay Power.
of
7%
16
—
Red preferred
Dominion Textile common
7% preferred
Labatt
Steel
Oct
13%
Dominion Tar ft Chemical
common—*
Lake
Jan
15
5
Dominion Steel & Coal class B
Dominion Stores Ltd
5%
101%
Mar
•
Bridge
preferred
4%
Mar
11
A—!—",.—*
Seagrams
Dominion Glass
$2
98
Npv
Feb
11
54% Mar
15
1
Power
of
Canada
47%
37
878
'
Standard Chemical common.
5
133/4
.—*
class
Southern
Jun
-100% 100%
99
.
A
Nov
Co—
preferred
trust
May
30
9J1
a24
preferred
class
39%
67
Dec
16%
21'%
—
Breweries
Feb
Oct
17
173/4
1
Southam Press Co...
560
16%
Smelting
Dominion Coal 6% preferred
Dominion Foundries & Steel
5%
9
25
*
25
—
1%
Voting
20
&
4%
29
' 57 %
common:
Nov
35%
Apr
a95% a95%
83/4
;
Paper
Williams
Simpson
Jun
25
common
,
A
Sherwin
Aug
30
28
—*
Mining
Series
Dec
Jan
•
Crown Cork ft Seal
Co,,
Lawrence
24%
Jan
*
Plow .'i.
Consolidated
Gatineau
14% Mar
Aug
•
Railway—,
Consumers Glass
Oct
14%
14
Sep
103
16%
49
...
Shawinigan Water &
8% May
25
14
22'
16%
"
July
18%
100
25
Cardy Corp Ltd class A
Dryden
36
268
•
—
Donohue
Feb
Oct
28
a997/a a99%
44% Aug
15%
v--"
St Lawrence Flour Mills
Sicks
—25
Class B
1%
716
24
*
Canadian Ind Alcohol class A
Dominion
33
7%
25
Canadian Locomotive
Canadian Oil Companies
Distillers
63A
Sep
'15%
Sep
22
.
.
dookshutt
5
15%
*
series
Canadian
236
20
Nov
32%
14
Dec
175
-25
*
25
,1
preferred
3%
20
Canadian Cottons
common——.
6% preferred
preferred
2% Mar
20
—,
2nd
24%
16 %
preferred
—
80
22
common
series
1st preferred.
150
23%
New common
$1.60
common
a3%
common
A
Paper
26%
7%
*
Jan
60%
,180
42%
40%
a95%
„•
„,■■■,
......
Lawrence Corp common
a3 %
28
Canadian Car & Foundry common
Canadian Celanese
St
26%
15%
——
new
Knitting
Rolland
Jan
22
,
Nov
28% May
56 %
57
,100
;
Dec
4% May
•
preferred
Nov
1150
Breweries
40%
-16%-
■
Canada
2%
.100
preferred
Canadian
Canadian Bronze
•
•
Corp of
873A
*
common
5
15
963/4
37%;
220
1,980
9%
Sep
Saguenay Power 4%%> preferred—.100
Jan
May
27% May
_10
Corp
1003/4
18
2%
;—*
20
102 %
61
a89
323/4
20
„
common
102% 102%
,.100
373/4
17%
•
Feb
162%
45
.
17
St
5
Jan
15%
_
May
58
Dec
61
26%
Burrard Dry Dock Co Ltd class
A_—*
25
25
__
22
325
37%
-
5%
300
20%
High
26
Mar
Mar
18
2%
5%
43 %
»
•
43
61
a3%
•
43
20%
_*
common
a89
•
175
Tubes
2%
.
175
18
851
.
1
Regent
22'/a May
'
*
22J/4
com
:
Quebec Power
25
'
*
Building Products
510
22
„
1,040
,
—„•
4%
29% May
•
25
American
55%
•
Price Bros & Co Ltd common
Jun
•
class A
54%
Power
Nov
6
25c
23%
54%
common,
Light. Heat ft Power
Penmans Ltd
Jun
25%
Low
22%
*
;
100
preferred
High
22%
Placer Development
Powell
River Co
Dec
59%
6
Ltd
Mills
Low
♦
Oct
Feb
58
pfd
Corp
preferred
5%
Apr
16%
Mines
Flour
Ottawa
•
38
Car
Ottawa Electric Rwys
193/4 May
527/8
Trao Light & Power
British Amer Bank Note Co
Canada
7%
21% May
52%
Brazilian
V
12% Mar
17% Mar
—•
4%
common
Telephone
Bulolo
Ogilvie
High
58%
*
Bathurst Power & Paper
British
1,311
2,115
25c
Oorp Ltd
Warrants
Asbestos Corp
Preferred
19%
38
•
-
Aluminum Co of Can
British
15
18%
Low
21%
—
Ltd
Argus
Bell
-20
14%
18 %
A
Range Since January 1
High
143/4
I20
Noranda
Page-Hersey
Algoma Steel
Aluminium
Low
Steel
■
16%
3i%
31%
30
16%
17
250
,39
.
2%
72
Dec
Jan
Jan
Oct
Jun
20% Jun
.
45
Jan
Jan
4
May
Dec
80
May
Apr
14%
Apr
Mar
8%
Jan
51%" Nov
52%
29
Oct
31%
12%
Jan
19
8%
7
Jun
Dec;
May
(
Volume 168
Number 4761
THE
COMMERCIAL
CANADIAN
RANGE
Friday
Week's
Sale Price
»
Maple Leaf Milling Co Ltd
Maritime Teleg
Tel com
"Rights ' wuon,
Massey-Haiu'is Co
6%%
McColl-Frontenac
Oil
&
Ltd
Ontario
Corporation
Scotia
Paul
15
Nov
21
Nov
90c
25
Mar
30
May
93%
93%
91
Nov
94
5%
%
4% Mar
1.00
1.00
22
22
85c
Oct
20
Feb
26%
26%
22
29
29
29
74%
75
65 %
9
9%
&
Pr
0
common.
Ltd
Stores
19%
__
19%
11%
Power Corp of Can 6% cum 1stpfd. .100
B'/c
N C part 2nd
._50
preferred
14%
1*8%
50
11%
14%
18%
0
11%
14%
v
„
Ltd
9
20
19%
1
10%
175
10%
100
13
Reitmans
(Can)
'
110 110'A
1.10
Sep
Reliance
pfd_
Grain
Co
Southern Canada Power 6%
Southmont Invest Co Ltd
Feb
75%
Apr
Agnew
Dec
10%
Jan
Akaitcho
20
Apr
*
Windsor
Hotel
Mining
Aluminium
Aluminum Co of Canada pfd
Feb
56
May
15
100
Oct
25
18
18
50
May
18
13%
16
49%
25
22
24
104
41e
41c
6,777
37c
Jun
Feb
Feb'
_
__
_
Mines
v'
i..
49%
115
45c
Jan
Anglo
Nov
Anglo
Nov
24
125
250
1.25
600
50c
Mar
15%
175
9
Apr
16
Sep
27% Mar
24%
24
Dec
Cotuoi
1.25
17
Nov
Central
Jun
7c
Mar
1,520
2c
Apr
3%c
Jan
4,500
5c
July
15c
10%cl0%c
500
8c
Apr
16c
Sep
Dec
17 %c
'
Dickenson
Red
.
Mines
Gold
Lake
3c
Aug
15c
Dec
2,000
15c
Dec
82c
Feb
51c
Ltd
2%c
23,700
4c
Mar
68 %c
7c
7c
2c
4,500
Jun
4c
3.000
Aug
Dec
5%c July
100
9%c 10 Vic
18c
500
9%c
27c
1
26 %c
13 %c
4%c
*
1
r—1
Corp
Normetal
of
Bank
Mar
Base
Crest
Gold
Rochette
Gold
Santiago
27c
Dec
Bell
Mar
Dec
49c
16%
50c
500
15c
12%c
15c
21,000
1.92
1.92
2,000
1.92;
2,500
.
3.05
3.10
4,000
66c
4%c
76c
16,500
'
4c
43c
794
13%
Aug
Nov
50c
Dec
4 %c
Sep
1.40 Aug
.
1.65 Mar
55c
Mar
72c
12
1.09
16c
1.95
Feb
Nov
Feb
Mines
4%c
Sep
British
1.26
1.26
class
10%
all
5.60
23c
_
*
5c
1.02
60c
7c-
14%
65c
Jan
19 %c
15%cl9%c
Nov
7%c
.
—
.__
New
Pacalta
Pacific
Cordage
Pan
For
1.25
Nov
13%
Jun
9%c 10%c
13,800
8c
5,900
15c
15c 16 %c
18 %c
27
Elec
38
..
43%
4.50
5.00
500
30c
1,000
25c
19,300
lie
14c
8,500
20V*
20
20'%
25
18% May
21
14c
13c
15c
6,100
10c
Mar
17c
Jan
14c
14c
1,400
11c
Nov
29c
'Feb
14c
14c
1,000
14c
Dec
57c
Jun
3%c
4e
13,000
3c
Sep
6c
Jan
8.30
4,290
14cr
4c'
■7,50
„
1.50
1.50
14e
15c
45c
23 %c
26c
1.31
2.60
1.35
Dec
11c
Jun
500
20 %c
May
15,500
21c
Dec
1.25
46.
30c
Dec
810
25%
25%
165
89%
18%c
Oct
60c
Feb
11c
Dec
28c
Jan
•
6.50 July
pfd___.
_
7%
Oct
Feb
Jan
90%
:
*
100
89%
100
101%
Products.
3
4C
Aug
12%
'
—*
Oil
27%
Nov
99
101%
29c
46c
.1
14%
290,122
16c
Feb
7,100
25c
July
Canadian
17 %c
15c
20c
18,200
-
—
Lake.—
Product's
,—
class
Co
A.
„
.
class
A
Bousquet
Caldwell Linen
common
Edmonton—
Flin
Oils
Flon
^t-
Red
Lake—__.
Cement
___
common.
»~
Iron
Malting Sh Warr
Foundry
Packers
common.
class
B
—
A
:—
Lines
common
j—
Wire
_
& Cable
class
A.
—
Bank
Breweries
Canners
of
Commerce.
..
common.
preferred
1.80 Nov
32c
45c
Dec
14c 14%c
5.20
75c-
8c
32%c Nov
Car
common
A
Canadian Celanese
new
common..
Preferred
Canadian Dredge
.
.
Canadian Food Products
Class
Feb
Class
32% c' Apr
2.60
2.30
Dec
24c
18%c
Dec
32c
Dec
28c
34c
28c
Dec
38c
Nov
3.65
Nov
common.
A
Canadian
Mar
July
Class
Jun
—
Indus
Alco
"A"
B
Canadian Locomotive
Canadian Malartic
Canadian Oil Cos common.
8%
preferred
voting.
Sep
8% Aug
27%
Red
_.
Jan-
Dec
4% May
26%
33 %c
.•
Oct
Jun
Jan
6%
26
8c
25
23%
12%
6%
,
Feb
May
22% May
118% Jun
Feb
3
25%
A
11
12-
Oct
20
101% 101%
2%
Oct
Feb
Jan
110
2,500
8.90
65c
5
5c
23%
44
Aug
116
116
4%c
5,841
Calgary
24e
.•
Dec
4.50
25c
17
1.80
Oct
Dec
13
"
Ltd——
Oct
42%
50
23%
Oct
Dec
Jan
1,468
*
22
46
10
1.55
Feb
Jan
71 %c
1.55
2.60*
600
4,500
72c
1.50
14 %c,
-
1.55
12%
•
Mar
24c
18%
1.60
1st
1
17.
38% 'Apr
10
*
B
Jan
42%
.1
SS
Dec
Nov
7 Vac
18%
.
Power
Canadian
Ltd_
38%
Jan
90
Ankerite
Preferred
._'
38
69c
105
50
Canada
1.50
Nov
5,900
4,980
13,000
Class
14 %c
Oct
9c
9c
16c
&
Deo
29C
28
135
35c
Calder
Feb
6
35,900
17%
Class B
Sep
Jan
5% May
July
631
37
4.00
4
340
59c
25c
46
100
4%
1
Forest
Preferred
—
Nov
1,266
15c
Jan
Corp.
page
,
17%
Canada
Ltd___
Sep
1
16c
4% May
*
common
Canada
Ltd.
Apr
2,500
8c
.
50
31 %c
Canada
.
2.75
130
16c
Canada
see
.
35c
89c
Ltd.
bo
4,633
17%
Campbell
45c
footnotes
Sep
10 Va May
.*
Calmont
71 %c
Oils
33c
620
1
Oil
Canada
Petroleum'
Western
20,250
Pwr com—*
25
15%
Ltd.
Dev
Co
90c
12%
21%
1
common
Canada Bread common
23 %c
Oils
80c
12%
8c
13c
<>
Lake
65c
7c
14%
1
Ltd
Rights
Nov
4%
•
Preferred
Ltd
Jan
27c
5%
«
*
Globe Oil Co Ltd
Co
16 V4C
Mbr.
4
_1
Dec
50c
Gaspe Oil Ventures Ltd.
Oil
July
4c
5%
.
.____
Callinan
Petroleums
Honfe
5c
.1
Burrard
Oct
51,900
4
I.
Broulan Porcupine
Bruck Mills class A
1.02
5c
7c
14%
3ya
4%c
1.02
60c
Jun
Mar
22,180
5%
-__kr
Dominion
Building
*
39c
11
B
Burns &
.
Dec
5%c
12c
Buffalo
__
Jun
13c
Buffalo
1.02
Jan
75c
9c
Buffalo
_1
83
.
12c
3.40
_
Columbia
British
Ltd
New Okalta Oils
75
Buffadison Gold
Ltd_l
Dec
Oct
Nov
5.60
23c
23c
10%
65%
4,450
2.95
preferred.
_
preferred
Class
Jan
14c
A
Ltd_
Columbia
British
_
Central. Leduc Oils—
Oils
7c
12%
3.40
1
British Columbia Packers class A_.
Class B
5.75
Oct
31c
22c
Columbia
4%%
Apr
Jun
12
21%
Mines
Canadian
Decalta
6c
16 %c
Gold
American
British
Mar
6 %c
4%c
Ltd
5% Mar
Nov
15c
10
658
10 %c
9e
_
a
80c
12% '
A_.
Preferred
5.75
all
13c
■
—.
_——.
Oil
,
9.20
68c
"
25c
12%
1
Jun
Dec
4.50
Canadian
Homestead
20c
Dec
Calgary & Edmonton Corp Ltd
Consol
8,115
:
4.65
42%
Canadian
Davies
10%
70%
9%
;
37
Brazilian Traction Light &
Preferred
L
OH Stocks—
Oils
6
70%
*
35
Anglo-Canadian Oil Co Ltd—
Calmont
7c ' Dec
56c
Pershing
Brantford
Class
Sz
6,000
Nov
65y2c Nov
30c
Hat
Boycon
Ltd
Mines
Oil
7c
8c
Bordulao..
Ltd—
Corp
Dom
7c
20c
4V8C July
26
class
Bonetal Gold
6 %Q
6 %c
5.60
Mines
Mines
British
51,700
8.25
24c
Apr
46
Mines
British
__r
Ltd—
(1944)
Ltd
Biltmore
Bobjo
Jun
2%c- Dec
.
Sullivan
Mines
7%c
—
Kirkland
Jan
Mines Ltd—
Westville
6%C
Gold
Bidgood
1.56
___—1
Malartic
7c
*
Burlington Steel
Co
Asbestos
5,500
River
3.50
12%
44c
—_.
Ltd__—_
Vinray
2,366
25c
Jan
41i/aC Jan
1.35 Mar
May
23 Vb Mar
Ltd
United
8.90
24c
Belleterre Quebec
10%cll%c
;
25c
Standard Gold
Cons
8.85
25c
Telephone
Bralorne
■.
Development—____1
Mines
8.90
_.
Gold
Mines
41,835
*
Yellowknife
Berens
Sigma Mines (Quebec) Ltd—
Gold
•149.600
Bros
Jan
Gold Mines, Ltd—.—50c
Sherritt-Gordon Mines Ltd_;
1
Stadacona
65c
4.20
Mining.
Jun
Creek
Siscoe
Oct
59c
Scotia
22c
oc
—
Senator-Rouyn Ltd
Sbeep
49c
13c
Feb
3.95
18c
13 %c
5%c Nov
Ltd
Mines
Apr
1
common
Power
Beaulieu
26c
Mines Ltd
Mines
Metals
Beatty
3c
Ltd
Quebec Manganese Mines
Quemont Mining Corp Ltd
Red
8c
Consolidated
Brewis Red
Porcupine Gold
Labrador
22 %c
50,700
Feb
Jan
10c
%c
12%
Pamour Porcupine Mines Ltd
Quebec
1,500
16c
61c
*
class B
Toronto
Mar
5c
-—4
Cadallic
40c
14c
i
of
5C
16c
Ltd—..
Pandora
38c
4.20
i
.__
j,,
Nova
Nov
17,300
50c
11c
Corp
Piccadilly
Jan
i
of
11c
34,000
Ltd
Mines
38c
Montreal—
12c
14c
5c
Norpick Gold Mines Ltd
O'brien Gold
Dec
«
of
Bank
Mines Ltd
Canada Ltd-,-
Mining
8%c
Mines
Bankfield
Nov
Mclntyre-Porcupine
Mining
Bagamac
59c
Goldfields Ltd_—___—
Mines
,
—
Electric
Nov
4%c
15%
Lingside Gold Mines Ltd—
Macdonald
12,500
—
Fabric
Bevcourt
* 46
75c
—_
6,000
__
—
3.10.
Ltd—
5c
3c
-
Lamaque Gold Mines Ltd_-
11c
40c
1
Gold
3%c July
26 %c Dec
13c
16%
1
—
27c
"
1
Lingman Lake Gold Mines Ltd
LouVicourt
22 %c
74,500
67/aC
1
Ltd
8%c
_10
—
—
(1937)
Oil
Bathurst
Ltd
Dec
15V'BC
.
Mines
Aunor
197,500
4c
Ltd_
Mines
Jan
Auto
6%c
Ltd
Mines
25%
'
Steels
Aubeile
Jan
2c
-
—1
Co
Mar
Jun
1
Kirkland Lake Gold Mining Co Ltd.
Labraaor Mining & Explor Co Ltd.
Lake Rowan (1945) Mines
Ltd-—:
Shore
Atlas
Nov
1
Mining
24
'
Mines
Atlantic
33c
38C
1-
—
1
Mines
Jun
585
11c
—
A
Sep
Jan
25%
*--100
class
O
25%
1
—
Apr
9%
OO C**
65%
•
;
Hardware
Athona
54%c
15c
1
Gold
Mines
Jan
Dec
15c
Mines
Uranium
Joliet-Quebec
12c
5,000
Hugh Malartic Gold Mines Ltd
International
12c
Oct
7c
15c
—
Mines
4%c
1,000
6%c
Goldbeain Mines Ltd
Cons
Mar
5c
22%c22%c
1
Ltd
18,000
8C
Sep
57
Armistice
Auto
5%c
Ltd
Formaque Gold Mines Ltd—
Mines
17,000
1
uuvav
Gold Mines Ltd
East Malartic Mines Ltd_
Goiavue
2c
500
59c
——1
Mines
4c
55c
441% Mar
1
Bank
Lake
HolUnger
4%c
56c
1
Ltd
Mines
Mines
Aumaque Gold
4%c
1
Ltd
Gold
3c
■
_1
Donaida Mines Ltd
Sullivan
1,000
—
Mines
500
Jan
Ltd
Cadillac
Jun
500
275
70c
Nov
4c
•
Explorations
7%
7c
9%
Sep
Oct
Nov
103
3%c May
33 % Mar
•
Warrants
11c
•
2,000
—
:
5c
Sep
Sep
95
*
Preferred
Nov
2%c
Ltd—;
COrtez
Oil
Porcupine
Corp
common
38
2%c
3%c
*
Astoria
97
800
25%
1
Ashley Gold & Oil—
1
Corp Ltd
Mines
Consolidated
Rouyn
Argus
10 %c
Mines Ltd
Mining
Cheskirk
60
55
1
Aquarius
1
.
Mines
103
Apr
4c
Cartier-Malartic Gold Mines Ltd
Cehtral Manitoba
Canadian
Nov
Mar
3%c
Mines
Centremaque Gold
24»/4
59%
*
Anglo-Huronian
10
Aug
17
'15%
__i
"
39
Apr
54
•
Dec
—_1
Mining Corp Ltd
Candego Gold
Lake
Mines
Lead
18
7
40
37%
•.
'
Jan
16%
58'%
I--125
Yellowknife
Anacon
Jan
1
—
Buffadison Gold Mines
Jack
13%
50
.
1.00
"
*
—
Bevcourt Gold Mines Ltd__
Hbwey
9
a23
35%
4c
*
Nepheline
Ashdown
Bob's Lake Gold Mines Ltd
■Rouv.nn Gold Mines Ltd—.
Eldona
Larder
American
Dec
36%
(■•
_
Ltd
*
Metals
East
9
..
651
■
Band-Ore Gold Mines Ltd
Dome
.
16
a23
9
■
■
>.t
.
H
15%
50
245
Jan
'
V* May
38
70c
*
Apex Consol Resources
24
t
*
Ashley Gold & Oil Minerals Ltd
Century
common
Ltd
Amalgamated
1
22
9%
—
.
_i
Nov
111
19% May
103
103
•
Nov
Mar
»
.;
Ltd
Alta Mines' Ltd<_Arno Mines Ltd
I,
Alger Gold
Algoma Steel
'■
Mar
21%
TZi
Yellowknife
Nov
May
111: 111%
,
18
High
12% Mar
1,280
7c
Surpass
14'%
52
41c
;
1,520
•
14%
107
<■
■»
15
19%
100
Oil
21%
49%
*
14%
18%
»
Apr
Stocks—
Alger Gold-Mines Ltd
'■
A
I
&
Low
14%
38
class
Preferred
Gas
Range Since January 1
High
18%
—20
Mar
1
Ill
■
Low
*
common
preferred
Acme
15
—
.
$1.50
29% May
75
__
pfd— —100
Union Gas of Canada Ltd
United Corporations class B
United Distillers of Canada Ltd—
Westeel Products * Ltd—
-L—,
Western Grain Co Ltd
_'
1^
Paper
preferred
Feb
'
Base
&
Dec
a50
.100
16
I
Power
Acadia-Atlantic
a50
——
red pfd—.—20
0
Ltd_.
Shares
__
110%
Ltd 5%
for Week
Par
Abitibi
American
Queboe Pulp & Paper 1%
Sales
Range
of Prices
Friday
STOCKS—
1
27% May
26 % Dec
Apr
Apr
Week's
Last
Sale Price
Jun
Nov
5% May
Exchange
Canadian Funds
Apr
5
Ltd
Enterprises
Aubeile
Toronto Slock
Aug
v^c
Mills Ltd.
Lt
Service
17
Oct
93 %
100
Nuclear
18
86c
,_30
Mount Royal Rice
Nova
10%
com—*
1st.preferred
17
High
26%
80c
Co______5
Paper
Montreal Refrig & Storage Ltd
Moore
17%
Low
11%
10
j.
(2575)
MARKETS
DECEMBER
Range Since January 1
26%
*
commmon
ENDED
$1.50
Canada
Minnesota
18
86c
pfd__20
pld_—100
4%
11
Shares
High
26%
10
—
conv<
Melchers Distilleries Ltd
Mica of
11
10
if
and
as,
Low
—*
LISTED
WEEK
CHRONICLE
for Week
of Prices
Par
FINANCIAL
Sales
Range
Last
STOCKS—
FOR
&
16%
Nov
14c
Dec
1.25 July
6c
Aug
Sep
Sep
43
44.
(2576),
THE
WEEK ENDED
FOR
RANGE
'
markets
listed
canadian
Monday, December 20, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
DECEMBER 17
Week's
Frlday
Sales
Friday
Range
for Week
Sale Price
STOCKS—
Week's
Last
of Prices
Shares
Par
Canadian Pacific Railway——
Canadian Wallpaper class B
Leduc
Centra)
1.53
1.50
1.53
1.45
1.40
1.61
1.25
1.15
1.25
141/4 c
17c
5,000
1
Chimo
7
7
150
7c
Dec
30c
Feb
55c
70c
7,602
30c
Mar
75c
Oct
10c
c
48,800
4c
Mar
-1
Mines
2.50
2.35
2.57
20,830
2.20
12c
12c
500
Willans
1,475
79c
Oct
5%c
58,000
2c
Aug
6c
Nov
13 ¥2 c Aug
37c
Nov
27C
2.00
Mines
Paper Box
13
125
10
Feb
17
17c
2,500
15c
Dec
27c
Feb
6C
4,500
5c
Mar
9c
Jan
5
5%
1,000
25c
28c
10%
16,580
48c
54c
50c«
50c
50c
466
38c
Dec
14c
1
13c
16c
52,750
11c
Jun
12,900
41c
,
124
121%
129
3,931
1511/4
153
214
1.32
1.25
1.37
5,100
97
97
Mining
Craig Bit
l
;
common
A
Lakes
Gulf
Croinor
Mines
Pershing
1
Trust
Crown
Crow's Nest
Crowshore
Jan
51
51
l
8c
Cub Aircraft —__——'
50c
_*
—
9V2C
Petroleum
Davies
—
Class
Ltd
Gold
llasaga
Heva
Delnlte Mines
Detta
Nickel
Red
Dexter
Lake——
Red
1.15
Dickenson
Discovery. Yellowknife
Distillers
Seagrams,
Gold
Nov
Hudson Bay
Jan
Hugh
6
Oct
% May
50
'
July
118
Aug
Jan
113
55
May
Oct
19c
42
6c
10,800
45c
I,900
Apr
1.00
Howey Gold
Mining
Aug
7c
••
Mar
8
300
4,100
July
11
Sep
95c
Jan
Dec.
49c
26 y2
Ltd—
Mines
Dome
>1.60
Nov
Jan
isy2c Oct
39,500
10c
July
48c
Feb
32c
8,500
20c
Nov
45c
Mar
46c
55c
53,500
43c
July
82c
Jan
23c
Sep
64c
Jan
16¥a
Feb
22¥4 May
24c
29c
18%
18%
37,800
420.
29c
*
Dominion Bank
25
Coal preferred
34c
14
16 ¥4
.
,
Foundry
Dominion
Magnesium
Steel-——
&
26
1
26
Dominion
Steel
&
Dominion
Tar &
,
Dominion Textile
Gold-
Donnell
&
Jellicoe
22
366
Mar
Jan
Mar
12 y4 May
6
Feb
46
13¥s
Feb
19% May
23'/4
23%
21'/2
1,115
Jun
Joliet
1,500
7c
12,500
42c
6,400
Sep
Jan
7c-
2¥2c Oct
5c
Jun
16c
Jan
29c
'
Nov
95c
Jan
24 ¥2 c
Feb
9 %c 10 ¥2 c
18,500
8¥2c
Dec
6¥2c
7c
1,700
5c
Sep
9c
Sep
14c
8,100
7c
Aug
15c
Jan
20 ¥2
Mar
18
75
July
20
,12
12%
3,005
8.50
Jun
13
Nov
13¥a
20,352
5.35
Feb,
14 ¥2
Nov
•,.5¥4C
,5¥2c
1,500
4c
Oct
9c
Feb
15c
20c
30,000
12c
Nov
30,400
18c
Mar-
27c
33c
56 V8
56 ¥4
570
7c
6 ¥20
7c
32,500
Q
8
8
— -
*
Jan
Nov
60
Oct
111
36c
Jun
7
42cJun
Jan
2c
2
..
43 ¥2
10
113 ¥4 113 ¥»
:
23 ¥4
380
19 ¥4
19%
Nov
8c
Dec
10 5/s
,
Jan
116
Oct
13 ¥b
1,410
24%
25
Dec
14
Mar
20
Nov
12
250
6c
28 ¥2
Apr
Mar
14 ¥4
Jan
24 ¥2 Mar
25 y2
19,814
13 ¥4
25
3,900
19 ¥4
5 V4C
5%C
1
8
,
1
4c
Oct
9
Nov
1,800
34c
9
Jun
Apr
8 ¥4
160
40c
■
Nov
10c
Aug
7
125
8
8 7/b
'40c
8 ¥8
40c
11
May
Jan
55c
July
25
100
31 ¥s May
Oct
A—„*
26
26
26
99 ¥2
99%
99¥s
115
98 ¥2 Mar
102 ¥8
34%
34 ¥2
,35
2,435
29% Mar
Co
39 ¥s
Jun
12¥b "
127/8
13 ¥4
31,841
11
Mar
16 ¥a
Jun
84c
common—*
*
49c
t;
43c
51c
74,700
40c
Mar
1.10
—.
1.10
1.10
1,000
90c
Oct
4c
4¥»c
11.500
1
*
;
1
——
4¥4C
■
'
4¥»c
14c
5,600
45c
May
Feb
7c
Jan
21c
Oct
Aug
7c
Jan
12¥ac Nov
58c
Feb
Mar
59c
Nov
Jun
8c
18,560
Aug
3c
5,000
13c
Jan
1.45
3¥2C Oct
3,000
12c
4 ¥4 c
13c
1
13c
40c
__a.L
Mines—
Mining'
j, I" »
mm —
Kerr-Addison
^
Kirkland
Kirkland
Kirkland
Townsite
300
19¥t Mar
22 y2
12 1/8
125
11 ;
6,000
4c
Oct
14c
2,250
15c
July
37c
Oct
5,500
4%c
Oct
50c
Jan
7c
7c
13¥4
12%
13%
8,913
11 ¥a
Nov
15
Jan
60c
60c
60c
1,000
40c
Nov
45c
Nov
1
10c
8%c IIV4C
108,675
7¥tC
Oct
22c
Jan
60c
Jun
—
Laxe
Kirkland-Hudson
6c
24c
—1
Gate—_______
Golden
27 Vs May
5c
20c
—1
—
_
L.
26 y2
21,1/8
■
8c
——_
Lake
21 ¥2
21%
j
25c
-1
—
2iy4 Mar
Jan
'X
22c
Kenville Gold
Kerr
fh. -i
——
Mines
155
Dec
28 ¥2
13%
.
33333333336
———.
200
22
28
28 ¥2
1
Quebec
34c
__1
———
__1
1.32
._1
12 ¥4c
36c
1.35
19,000
12c 12¥iC
32c
9.500
1.17
5,500
Nov
1.15
*
1.78
Nov
Jan
10c
Dec
19c
22 ¥4
Dec
25 ¥2
Jun
7.75
Jan
Jan
13 ¥2 May
Feb
Aug
18 ¥2
ioy2 Mar
Jun
13'/2
50c
60c
8
8
25
24c
22c 25v2c
36,800
17c
"Jan
30¥2c
Jun
Lake
Fortune
15 % c
12 c 151/2 c
642,625
4c
Aug
16c
Nov
Lake
Rowan
230
48c
14,500
8
12 y2 July
Dec
.
Feb
1.10
Nov
;
-
u.
Gold
Laguerre
Lake
._4
Dufault
5.90
1,930
-4.10 Mar
3¥ac
10,500
2¥aC Dee
3¥zc
——
——_i.—Lil-.!——1
1-09
4¥4c
4,500
7C
38c
3,900
3c
7c
1.05
-1
Mines
Gold—
5.70
2¥»c
5.90
:_1
Labrador Mining & Exploration-
55
23%
23 %
Ltd
(John)
13
55c
-1
5c
33c
Gold
Kayrand
40
common.
DUvay Gold Mines,—_____
May
1.04
•12 ¥4
-
—
Mines
,
13
Mudge
15c
Nov
19c
1
Jack Waite Mining
Kelore
10
Dijdama Gold Mines Ltd^___
Mar
62c
4
class
Gold
Jacknife
Feb
650
-1
5c
19,200
.——100
Metals
Uranium
Jun
46
Woollens
5,400
72c
6c
;■ ■. -—■ :■
Mountain Mines !■___.—33—56c
28
11%
common
Mines
8¥2c
56 ¥4
—
International
Island
Labatt
Dominion
Donaida.
Jan
*
—'
Nickel
27
16%
21%
Jun
12c
20
1
Petroleum
22
46
—23 ¥2
13 y4
5¥zc July
34c
333,3313.100
International
Apr
12
Preferred
9 ¥2 Mar
2,600
1
-A.
Preferred
Sep
_°
common
240
7%c
%
,___1
;
„—
—
International
23¥4 Mar
16%
—
Chemical
Sep
12
7c
12%
?
-1
-
—
Ingersoll Machine class A
Inglis (John) & Co_—
Inspiration Mining
Nov
46
11
A. ——
„—
——
Lake
16
25 '
.
26
25%
97/s May
35c
July
12c
Jan
16!/2
25
B
16,500
12c
*
65c
*
class
Stores
Dominion
Coal
24c
5.00 Feb
13
A,
24
110
26
211/4
•:
*
Dominion Scottish Inv preferred——-50
Dec
6¥8 Mar
63c
7c
—10
Imperial Bank
Imperial Oil
Imperial Tobacco of Canada ordinary_5
—25
4% preferred ——
Oct
""
Dominion
3.00
105
8 ¥4c
10C
5
& Erie common
13 ¥4
II.040
.211/4
26
—>
•
900
9
___»
.
-
class A
Hunts
28c
1,800
16 V2
10
Dominion
3.60
•
Apr
17¥e May
13 ¥4 Mar
?
Jun
33y2c Nov
19¥ac Nov
150,900
1.35
21c"
Mar
10c
21¥2 -Oct
26c
*
.
Nov
40c
Mining & Smelting
Malartic
Joburke
Diversified
Nov
3c
37c
Jan
10%c 12V2c
28%C
6c
Apr
1,
Mines——_—
99'/2
Mar
III—-2
Sep
l¥ac
71c
*
—
Yellowknife
22c
12e
—
—
3¥2c
1,500
'
Oil———.—.
32
5c
54c
500
2¥4c
11
1
———_.
Dauch
&
Dec
24,000
Lake
Red
4%C
20c
1
Mining
Jan
9c I01/2C
32c
1,075
22c
Highwood Sarcee
Nov
25
-
.
26c
—
Hosco
Mar
9%
___
16%
9
1
Gold Mines,—_—
Nov
1.60
Mar
90c
165
22c
—
Lake
Nov
__
Home
9V2C
Mines
Dec
17c
5c
International
Denison
54c
700
•
Homer
Nov
8,000
9%
1.30
r
14,900
.
Highbridge
3.20 May
65c
3.60
—"/
—.——
Mascot
Jun
2¥4Q
11%
Gold
Hedley
May
1.15
20c
Headway Red Lake
Heath
Jun
44 ¥2
4%C
'
—1
—
Gold
Harricana
10,250
16%
2 ¥tc
1
Mines
20 ¥4
53c
55c
16%
Carpets
Jan
4'% Mar
20,600
9%
—
Gold
Dec
Dec
Mar
15 ¥8
38 ¥2
60c
20c
i
_i
_
88c
70c
«
154
35c
44c
25c
—4
Oils
,
1,000
.
Nov
8I/2C
23
B
Decalta
Dec
—
Hinde
35c
23 ¥2
39c
„
18c
85c
1
_
_
Hollinger Consol
July
'•••«"
50c
8c
42 ¥2 c
Mines
D'Aragon
Sep
425
«
Gold
Indian
Davis Leather class A
Oct
13 ¥» c
1,515
1
__
Sep
1,600
9V4C
—
17 ¥4 c
40
.
Nov
8,600
45c
100
—■
Sep
15 ¥4
1
Jun
18c
22c
116'/2 1161/2
100
J.
Coal
Patricia
10c
15¥a
——~
Hamilton Bridge
10c
100
5'/a
40c
45c
500
38 ¥2
& Alabastine
70c
Mar
97-
85
500
22c
——1
_____
Nov
1
Ilallnor Mines
Huron
Crestaurum
11
40
■
—113—11
—
Swayze
Hai'ding
May
15 %
.*
Halliwell Gold
Harker
10
18c
a
Mines
Rock
120
18c
Paper common
Gypsum Lime
Hard
Oct
10 ¥4
11c
Gold
Halcrow
53
lie
—
Mines
Lead
Gunnar
53
Feb
1
preferred
Guayana
120
5 2 ¥2
__
Grandoro Mines
Great
NOV
Nov
49
—0
Bousquet
High
100
70
10 ¥.
—
25
31
12c
5%
».
-
Graham
Low
20
103
Gordon Mackay class A
32c
'
Cournor
Preferred
Range Since January 1
High
104
*
.
Goodyear Tire common
1315/a
v
91 ¥2 Mar
70c
Jan
85c
Dec
145
15
30
12c
30
»
—
705
:
151 'A
*
16¥4
Oct
10
54c
■
Dec
28c
Dec
23 c
Aug
1.51 July
Dec
lli/a
.
pfd ———100
Mills
1.40
10%
_a
.
Dec
5
700
1.45
£5c
Low
Nov
6%
1)45
—2
,
Jan
2.45
14% Mar
5c
•
-
Exploration
Imperial
12% May
15c
_____a5'
—
Corrugated
1.72 July
60
12%
Consolidated Mining & Smelting—5
Consumers Gas
:_
100
Cosmos
15,800
l
:
.
Consolidated Duquesne
;
Consolidated Homestead Oil—-:——
Conwest
2.05
13V2
l
—
Seattle
3,400
17c
.1
—
30c
1.80
______*
Bakeries
Consolidated
27c
13%
Consolidated Astoria —a.——1
Consolidated
1.75 Dec
1.70
5c
1
___;
Mines
Feb
30c
July
1.60
*
A—
National
Coniagas
3.00 Mar
Jun
7c
1.65
—
class
Yellowknife
Conduits
12y2c Nov
51/4C
*
Plow
Colomac
9v2c 101/2
5c
4,000
*
,
Dunlop
Lake
7c
1
Oils
Cockshutt
6¥2c
1
.i,_.
!
Coclienour
Coin
Aug
7
Malartic
Cochrane
Feb
55c
6%c
_1
.
Shares
Par
Jan
Jan
33c
Mar
1
—
—
Chromium
Coastal
1.40
1.05 Mar
1
preferred
Gold
Citralam
Jun
Nov
16c
Mines
Chester.ville
1.80
1.82
July
13c
Jan
"
i—
Centremaque Gold
Chemical Research
Cheskirk
41c
'
i—1
Mines,-
2,500
Jun
2.65
Aug
1.20 Mar
-7,275
16c
1.00
Jun
20*
Feb
16
49,500
Central. Porcupine
Chatco Steel
29,200
*
—„—
Gold
Patricia
1.25
—_1
—
Oil
100
1.10
1.20
1
Castle-Trethewey
16
—M
:
21%
12¥4 Mar
11,281
for Week
of Prices
High
Low
16%
Range
Sale Price
SXOCKS-
1
Range Since January
High
16'/a
16'A
Sales
t.
Last
16
25
Cariboo Gold
Central
Low
,
3,000
1.03
r
.
1.36
Mar
Feb
2c
6c
:<
6%c Jan
,
5c
'
Oct
May
15c
Nov
'1
J
Jan
'
"
Eajist Amphi —
East
Crest
Leduc
East
8 Vic 11"% 0
Oil—
Oil—
Malartic
37c
37c
3(&
1.98
East
39,905
3.10
Sullivan Mines,
2.95
3.10
Lake
Shore
Mines———;
Nov
Lake
Wasa
Mining—
50c
May
Jun
26c
2,900
1.74
Mines———
Jan
13c
Feb
7c
17,400
1.98
—
East
33c
5J/2c Mar
6,500
91/4C 10 % c
10'/2c
—
1.33 Aug
1.64 Mar
Feb
2.08
3.50
"
Eastern
7%
$teel
6,300
Elder Mines
Eldona
El
Gold
Sol
16V8
-20
A
1
—
—
10
May
May
Mines.——,
—
35c
16 '
Mar
20
24c
July
74c.
Jan
1.54
Jun
65c
Corp
1
•
55c
Mar
3,000
8c
Nov
37c
46c
4.45
116,020
10c
48c
55,065
35c
Dec
4.25
74c
—
1
77c
10c
1
Gold
Eureka
300
10,150
16%
32c
35c
4.45
3,160
Jan
4.55
,
Lapa
Cadillac
Falconbridge Nickel
Famous Players
Farmer Candy
•
Federal
Grain
Shops—
com
14% '
15
361/2
38
14 y4
1,395
36'/a
210
•
—
Preferred
14%
1
___—
7
7
nl
,100
"
'
'
Dec
18 ¥8
May
47 y2
Jan
3y2 May
420
111
5.05 May
Mar
34
85
3°
Oct
9yB
115
Mar
"U"
Larder
Lebel
Oro
Fibre
12—
41/2C
5c
Petroleum
Products
91/2'
7c
May
60c
1,200
65c
Nov
Fleet
Manufacturing
2'/a
205
Feb
11%'July
11%
2
2,200
12 ¥a
3 ¥»
Sep
Sep
Jan
B
Class
Fleury-Bissell
■
1—100
16%
■
Foundation
'Francoeur
Frobisher
,
6 ¥4
16 ¥4
16 ¥4
50
25% " 26¥a
1,330
Co.
28
.
,
200
—1———
Power
•
87c
24
100
10c
2,000
5c
i_ ^.-100
class
6%
13%
Feb
16%
Dec
21
Feb
27
" May
23 ¥4
Apr
28
Dec
Feb
•:24
Dec
Sep
23
7c
15c
Apr
2.29
1.30 Mar
Jan
Giant
Gillies
Lake
Glenora
_
Feb
6,702
355
20
101
Ncv
108
Jan
Madsen
5
107
May
111
Oct
16%
*■
Sep
19
Jan
17
Jun
17%
35
16
May
15
55
14
Mar
102
102
40
99
Apr
106%
Jan
2.90 Mar
6.10
Jan
17 ¥2
7%c
8¥2c
—
2¥aC
2¥2c
70c
70c
73c
45c
39c
16c
15c
.
Oil
God's
Lake
Goldale
1
•
Gold
Mines
—:
■
m.n
Uv
1
r,.r.,i
He
Gold
5¥^c
Golden
Golden
Arrow
_
4.80
8,145
2,800
14C
6¥2c Aug
2c
Aug
4 ¥20
Nov
17,900
52c
Mar
83c
Nov
45c
13,200
36c
Nov
16c
3,000
11c
Apr
9¥4c
4
V2c-
Manitou
Mines
Mines
Goodfish
For
Mining
footnotes
1' '
——
—
Gold
tee
page
46.
60c
Mar
90c
-
4,800
13,700
5c
6,000
1.04
5c
Dec
Dec
1.19 May
1.25 Jan
16c
Jun
Nov
14c
Nov
59c
70c
84c
36,450
67q
July
1.50
Jan
30
30
30 ¥4
382
26¥a Mar
31 ¥2
Nov
28 ¥4
2 8 ¥4
28 ¥2
235
24¥2
29% Aug.
8
8
15
11 ¥»
7c
.
8
-
10c
9 ¥2 C
10c
14c
12 ¥2 C
15c
6
Apr
May
8
11 ¥2
29,600
Nov
13 ¥2
35c
2,500
1
Manitoba &
Maple
Maple
Eastern
—
r—
Jan
Feb
Nov*
1.50
9 ¥20
6c
Nov
Jan
Feb
Dec
20c
Feb
Aug
25c
Nov
1.80
Nov
3.00
Jan
2,20
12,100
72c
72c
78c
13,155
40c
July
9c
8 ¥aC
9%C
9,000
6c
Aug
15c
Nov
30c
40c
Oct
2.18
1.92
77c
9%
65/a
II,600
26c
Dec
95c
14,010
73c
Dec
10 ¥s
1,810
9
Feb
6%
27c
94c
9 ¥»
410
•
4¥4 Mar
Gold
—
2.40
2.15
24,900
2.10 Nov
25c
27c
4,500
12¥aC Oct
1.86
1.60
1.87
20,950
1
3c
*
r—"
2 ¥4 c
2.45
3¥4c
U
1.50
2c
4,500
15%
16
11
570
9¥4c
15 ¥4
50
11
8c
Leaf Gardens*
Leaf Milling-
Marcus
_1
1
Fields
1.95
1.54
Jan
Feb
11
July
9¥a Sep
11,300
—
11
8c
Apr
Sep
Dec
1.09
19c
Jan
May
*
Massey-Harrls common
McColl-Frontenac
Preferred
"
—
common
—
—
8¥2c
Oct
17c
Nov
3c
Oct
7%c
1,500
Nov
14c
Apr
McKenzle Red Lake
2.95
Dec
McLellan
2.94
10,175
1.95 Mai-
5 ¥2 C
4,500 v
4¥4C
Dec
4c
3¥sc
5c
44,500
3c
Sep
12c
11c
12c
23,000
8¥2c
Sep
2c
Aug
3%c
1,000
23
Oct
15
Oct
31c
94
—5
52 ¥4
22%
2,168
16
Mar
23¥»
27 ¥4
160
24
Mar
30
8%
9
25
14
14%
1,840
94
94
10
50 ¥4
53
34c
6¥zc
7¥4c
21,500
10 ¥2 c 10¥zc
14 ¥4
22 ¥»
33c
¥4
85/8
500
7¥4 July
Mar
Sep
'Jan
9% Mar
Mclntyre
16c
9c
25 %c
Jan
Jan
Milton
4 ¥2 c Mar
Mining
i
:
1
——
Brick
Corp
—
Oil
7c
"
Gold
Mercury Mills
Mid-Continent
Feb
1.
Porcupine
—
——
—*
23%
—*
*
7c
—*
23%
24 ¥4
Oct
16 "/May
100
July
4,645
50
Nov
66
'Mar
3,400
29c
Nov
75c
455
7c
7¥zc
7,500
1.65
300
10¥4c 11¥4c
Oct
May
Oct
1.60
11c
9%
90
Feb
6c
2.81
Feb
1.95 Jan
6¥4c Nov,
26 ¥4
22
.-20
*
*
400
—x—
McCabe Grain class A
3,000
,
3.15 Jan
40c
—_
10,500
8c
3%c
_
h
1
5c
75
—
11c
8c
4%C
Goldvue
Nov
41,700
—
McWatters Gold
Goldora
6c
39c
Mines
Gold
5¥2c
8c
_
July
Feb
5,500
•
2.89
__
2 ¥2c
11 ¥4
"
Goldcrest
Jan
9,500
——*
Lake
Red
Preferred
Globe
Jan
8c
17 ¥a
35c
:
Magnet Consol
4.40
.
Jan
Aug
Mar
285
Jun
30
4.80
—1
11c
3c
12
7,500
-
37 %c
Mines
105
1
Gold
Jun
3c
126,600
6c
0
1
—-—1
1
Macho River —;—
1
MacLeod-Cockshutt Gold Mines—_—1
MacMillan Export class A
*
Class B
"
MacDonald
2.19
102
_
7¥2c Feb
20c
—*
:
—
■
Yellowknife Gold Mines—
Sep
1,000
Mat fie Red Lake
17%
?Z"ioo
—i
3c
28,700
81C
Mines
Macassa
2.07
8c
'
Preferred
Feb
2,000
7¥2c
25¥4c
A
Yellowknife
17%
15
17 ¥2
Products Mfg class A,_
Steel Wares common
General
6.95
1
Goldfields
Lunward Gold
Malartic
General
Feb
Dec
22c 25¥4c
7c
1
•-
109 ¥2 109 ¥2
17 ¥2
Jan
3.00
5.35
1.14
87c
1.04
A
104 ¥2
2.18
*
IIII100
—
25 ~'
■;
9c
9C
common
preferred
28
24
:___^
—
Gold
preferred
¥2%
25%/.
,
Exploration
Gatineau
5%
♦.
A
J
B
.
class
14% Mar
70c
Dec
■'
Motor
Class
5
6 ¥4
6 ¥4
common
Preferred
Ford
4 ¥2C
1.13
—
Louvicourt
Lynx
'
'2
Dec
May
1.95 Aug
I,550
4c
14%
4¥8C
*
*
Hosiery Mills common_u_—*
Class
100
2%
3¥2c
*
Groceterias
London
10
Mar
25c
Nov
Jun
11
/9c
4¥sc
14 ¥4
Ltd—
:—1
———__—1
Mines
Lingman Lake Gold Mines—'j.
Little Long Lac
Sep
7¥4
4c
Lexindin Gold ———_1
"4c
•
6c
14 Y*.
'
11%
______
5c
—1-i-l
Gold
Lencourt
25c
60c
common:.
Fittings Ltd class A
5.75
8%c
1
—:—3
—•—
Oil
Gold
7,000
5c
,'
———
——.—
Mines
Leduc-West
Loblaw
Federal Kirkland
Federated
1
———-1
—
Mines
Laura Secord
Leitch
Fanny
5.50
6c
—■ *
9.85
Jan
25c
3.60 Mar
5.60
——--*
——-
—
Lapaska Mines
Eddy Paper class
200
35c
—————
Gold
Lamaque
3,150
1.95
9.75
8,175
.-35c
11 ¥4
Jan
Sep
6y4
200
-71/2.
La Luz Mines
11 ¥4
35c
1.95
——-1
———-1
1,210
1¥2C Oct
.
Jan
10¥2c Nov
18c
Jan
15¥2 Mar
24 ¥4
Dec
5 ¥20 Mar
11c
7c
Oct
1.15 Aug
6.10 Mar
3
11%
Jan
Jan
Oct
Volume 168
'Number 4761
THE
COMMERCIAL
&
CANADIAN
RANGE!
Friday
Week's
Range
Par
Model Oils
Moneta
Low
__1
Porcupine
42c
a
Moore
41c
Preferred
.25
Mosher Long Lac
Mylamaque
National
Steel
Mar
54c
14
May
21
Nov
Sigma Mines
65
Feb
76
Apr
Silanco
85
25
Mar
27
Jun
May
New
Jan
Glass
15%
Dec
28%
28%
25
27 %
Apr
30
Jun
Siscoe
16
16
25
10
Apr
17
Nov
Southam
«
22%
22 %
23%
426
2.30
2.30
2.40
14,700
75c
Mar
58c
59c
11,214
31 %c
July
17c
16c
18c
7,750
15c
4,000
3c
1
1
1
__
North
O'Brien
4c
.16%c
14%c
Sep
33c
Apr
Dec
46c
Jan
16c
Dec
22c
Dec
81c
74c
1.05
1.05
500
55
541/2
551/2
1,570
5
•
1
13c
1
common
July
10c
Jan
Aug
55c
Jan
1.50
1 50
200
26c
30c
12,100
14c
4C
4C
7,000
2c
7
71/2
150
1.50
1.73
"
7
9%
5
65c
Silver
5,400
92c
Iron
Mar
24c
May
Sep
Toronto
10c
3c
July
7%c
Jan
Toronto
19
50
5
360
Jan
5c
May
1.84
July
16c
Jan
Apr
19
14
14
95
5
-
16
37/8
10%
Jan
Feb
82
Nov
Mar
1.66
1.60
1.74
6%
6%
Sep
Union
18 %c
Feb
United
14c
11c
14c
20,600
11c
Dec
7C
1,100
4c
2.65
2.55
2.80
37,400
80c
21
25
79,910
37%
37%
285
Feb
Class
10c 10 %c
3c
Oct
8,589
99c
Mar
7c
6,000
6%c
Dec
1.27
1.15
1.30
43,800
1.05
Nov
29c
2,500
Sep
61c
Jan
•
28
28
200
23% Mar
29%
Jun
*
5%
5%
275
4% Aug
5%
Dec
10
10
10
2.65
2.50
2.68
•
16c
1«C
11c
class
Apr
12c
Nov
Nov
36c.
39%
Feb
86c
5C
1,000
35c
67,500
28c
4%c
3,500
Dec
4c
28c
4%c
4c
Jan
33,205
21
2,078
8c
500
United
Nov
United
Jan
Keno
United
1
1.55
7%c
Jan
Ventures
40c
Dec
Vicour
8c
Mar
July
Mar
11%
'
1,000
Nov
Walker
31c
Dec
46c
Jan
1
Waterous
9%c
8c
10c
15,000
8c
Dec
20c
.".
-
5%
*,
,69c
•
27
—1
15 %c
1
j.
2.14
Mines—!
Mar
3c
" Aug
5
Waite
12
Sep
lQB
20
288
22,300
9%
12c
2,500
29%
55
%c'
20c
562,881
2.15
5,650
1.99
3.05
3.40
4c
5%c
1
40c
38c
40c
40
42%
975
Gold—.
1
certificates——;
Nov
Wekusko Consol
Feb
Westeel
Jan
28
70c
*
East
16%
100
51
Dome,
,1
common
—1
'
1
:_!
__
Mining
1
•
;
Gold
61c
Mar
88c
Jan
50c
Aug
74c
Dec
24
260
16
Feb
25
115
45%
Dec
35
Apr
13% Mar
51
17
2.20
2.33
10,480
1.15 Mar
11c 12%c
•3,400
7 Vac July
5 % Mar
6%
6%
7
1,070
1.35
1.57
9,200
1.27
5.65
5.55
1,105
11
Feb
10
50
Apr
70
400
1.30
1.50
8,150
44c
500
9%
60
10%
9
60C
63c
4,400
55c
Oil,-
10,900
52c
Mar
41c
10,225
33c
Nov
14%
14%
14%
2,689
,
5.15 Mar
600
6c
2,500
2.00
2.00
2.00
500
6c
6c
6c
3,000
5c
8%c
10c
15,670
8c
Nov
10%
2,094
5c
Dec
13c
Mar
500
2c
Oct
5c
Nov
8.55
8.65
3,97.9
*
27%
27%
28%
2,125
11%
11%
25
14c
ChiboUgamau
Rupununi Mines
10%
185
8
Mar
9c
2.00
3%c
25,600
23c
25%
25%
285
24
15%
"24%
■
123
c
18 %c
78,500
5-%c
8%c
38,600
18%
370
Oct
Aug
23% Mar
common
10c
May
Feb
38%
Nov
31%
205
29
400
22
Ltd
■:
___.
'
Power
18c
Nov
54c
Nov
25%
Dec
Feb
27%
5c
Sep
18 %c
5c
Mar
13
Feb
Sheep Creek Gold
page 46.
Aug
11c
Mar
3,435
Jan
Jan
33%
35
99%
99%
10
5c
4c
5c
1,500
2.25
2.09
2.25
10,308
17c
16c
18c
6,800
15c
Dec
40c
Feb
64c
60 %c
64c
12,780
55c
Aug
81c
May
6c
5c
6c
12,000
3c
Oct
10c
Nov
6%
825
Mines
•
^
—1
!
Knitting class A
'
*
—•>
..
Toronto Stock
Asbestos
Corp
British Columbia
Preferred
Brown
Co
25%
J_.
114
—100
common
L~
1
—
Canada
Canadian
—
Canadian Marconi
and Dominion
4
mil
Vickers
83
20
80
Aug
85
42
70
42
Dec
48
Sen
5,275
2,500
15
15
25
36 %c
45c
.42,750
23%
46%
Canadian
.1
Consolidated
-2
Dalhousie
3.00 Aug
6c
14
36 %c
Oct
4.35
17c
Oil.
deHavilland
Dominion
Oilcloth
Foothills
Oil
Jun
15 %
67 %c
Feb
&
Linoleum-
L
Hayes Steel
24%
44% Mar
49
July
Mar
1.82
Nov
Pend
1.43 Mar
3.20
Apr
Southmount Investment
1.54
1.62
3,500
1.95
2.00
23,314
98c
Oct
International
Minnesota
&
Oreille
Paper
common
Ontario
May
Jun
20
153
Nov
4
4%
1,250
105
460
20%
-
Paper
—_u
☆
♦
*
1
*
—
3%
80
Oct
Feb
6Ve
Jan
Mar
115%
Jun
295
22
15%
510
-
2%
19% Mar
1,065
66
560
3%
3%
4,650
,
800
1.50
20'%
126
3 Vb
Apr
Nov
Apr,,
Oct
Feb
54
55
1.25
1.25
17%
17%
18
2,07$
14% Mar
40c
42c
1,114
33 %c Mar
19
19
25
18
20
-
185%
'
40
100
;
21
21
100
3.40
—/
20,% May
30
135
144
—
135
Sep
Mar
156
156"
22
High
25
72
57
*
#
Low
95
55
134
Nov
Dec
Aircraft
315
1.62
Jan
26
138
•
1
Feb
Jan
47%
2.00
8%
115
54
«
23%
,
Jan
Range Since January 1
1.25
5
Paper
%'
3%
'
•
Westinghouse
Copper
25
61%
Ilxoo
Lumber
Aug
42
Sep
Coast
3.85
Jan
2.90
Nov
5% Aug
High
113%
1.75
*
common
Canadian Western
Shares
20 %
22
—
Sep
Aug
82%
7%c
2.00
Dec
Nov
8c
for Week
100
100
Sugar,,,
Industries
Preferred
15%
7c
35 J/4
100
Sales
Range
of Prices
Low
.
Pulp & Paper com,,•
Dec
Oct
3.60
Feb
Apr
3%c. Oct
Funds
Week's
'Sale Price
—4:
Jan
14
3.85
20y8
95
Exchange-Curb Section
STOCKS—
Nov
100
7%c
6 %
—
Canadian
23c
15
1
Gordon
5c
28
101%
99%
Oct
15
50o
'
123,250
Apr
34 %
;
Girl
19%
11
47%
Feb
9%c
Feb
1
——
Sep
26 %
100
12c
7
Feb
Dec
com—*■
■_
Mar
8%c
Jan
Dec
42c
5c
97%
1
,28c
8%
*
40
13,000
•
—
11%
/
21%
1
24
8%c
Last
115
1
Ltd
Jul^
99%
7c
Friday
150
1
Sannorm Mines
33%'Jan
23%
8%c
Jan
3.00
9
82 %
19 %c Mar
99%
99%
_l
1
Bear
Preferred
16
'
&
Oct
26%
13c
,t
22
__l
see
Dec
8%
,1
—
Water
1—
6c
140
Jan
21%
99
—
8,500
3,000
Jan
,1
new
Mines
7%c
37%
__
100
—
Yankee
Nov
;
i—
Lawrence Paper—
7c
37
Feb
16%
49
—
Nov
Dec
Apr
15,200
6%C
Nov
13
37
—_*
common—
8c
Oct
9.85
31% May
Apr
31%
Nov
12c
18 %c
10c
Jan
Mar
10%
Feb
7%c
;
__i_c!_.L.100
Mines
Canadian
.-!
common
1.05
3.35
47c
18
new—.
new
York
Feb
11c
—1
common
10%c
*
•
Sep
4c
41C
__1
——
•
—1
:
4.60
24
7.20
—100
Yellowknife
Dec
1.02
41c
common.
Corp—
—
Par
Roybar
Jan
11,600
t
Gold
Yellorex
44c
86c
Sep
9 %c
24
8% May
2.35
8c
Preferred
Winora
Ymir
90c
10% Mar
2.92
—
Dec
17c
Nov
3c
—
Winnipeg Electric
11
Mar
1.01
25%
Nov
5,75
Preferred.—..—.
^2
Wiltsey-Coghlan
-—;
Wingait Gold
Jan
2.10
>
Apr
5c
—10
Gold
-
Feb
17% May
Nov
Nov
36c
12c
Russell Industries
Feb
1.25
35c
2.83
—2—
Oct
2.50
5c
17% May
51
13
96C
41c
18
3c
—
preferred
;
Jun
50%
17
3c
Wright-Hargreaves
16%
51
15%
»
common'
Co
For footnotes
50c
6,500
2.92
Lac
Rouyii
2,500
74c
5 %c
(1936)
preferred
75 c
65c
-73c
•_
preferred
Nov
Nov
23
Jan
47%
1
.
preferred
56c
Feb
1
Mines
preferred
Nov
37
1
—*—
(Little)
34c
Jun
30%
J„
;
Grocers
(Geo)
Jan
12c
Apr
*
1
Gold
Feb
Jan
9%
1.43
_10
—
1
3.50
25c
Weston
10
Aug '
8c
50%
Dec
Jan
44 c
0
Labrador
2.30 Aug
4c
Dec
20c
2.30
.
12%
1
Airways
5,000
39,500
.
Aug
1.80 Aug
7% Aug
29
——1
W')_
&
Mines
Products
-Western
Nov
8.60
(G
4
Nov
1.03
1.55
common
6
M^y
20%
•
82c
70c
1
.
4c
7,800
40
25%
Jan
Dec
Mar
—_——1
(Hiram)
Malaritc
19 %
35c
958
9%c
—
Amulet
Ltd
Jun
Jan
98%
29%
12%c
——
Nov
64c
5
5c
—
,
Scythes & Co
14
27
3.20
Gold
Metals
Antonio
271
1
Trust
St Lawrence
5,150
1
trust
Oils
100
69c
5c
May
West
1.
—
Gold
Long
5%
69c
2c
l%c July
'
'
Oct
lO'/a
Feb
Mines
3,500
Oct
Jan
50
71c
x
1.08
175
310
103
8"%
Feb
12%
Dec
1
Ltd
15,100
^
Jan
•
Gold
37c
12%c
79c
63c
50%
*
Mines.
Mines
Villbona
Oct
10
J an
Dec
5%c
170
2.20
—
Canada
Aug
Aug
Jun
13
9
,25
^
Steel
Jun
80c
11
—
a——*
Oils
21
485
65c
preferred,:..—,50
Hill
49c
Jun
Nov
10,000
103
__
—
Dec
18%
11
20
•
•
16c
46c
100
50c
170
*
1
A
Dec
3.50
85c
—
Jan
10%
170
11%
A
1.99
Nov
80c
—*
A
i
:
Jan
10%
170
3.45
900
27%
27%
27%
57
56 Vb
57%
21%
21%
22 Vb
1,170
5.70
5.60
5.75
5,050
40c
40c
40c
50
.
5
Jan
9%
Feb
3.65
Apr
28
33,691
20 c
,
Jan
2.30
8c
,
Nov
2.05
19c
5
21
*
25c
15c
17,435
■'
50C
50
class
8,500
Jan
Nov
7
1.47
—23
Fuel
Dec
1.30
..,100
B
United
6%
60
6%C
Corp class A
Upper
1.15
5c
Jan
2.40
1.45
—1
Class B preferred
7c
86c
1.15
j 70c
Apr
Nov
6%c
1
class
12c
I
——1
Mines,
Works
Nov
Oct
1.44
14,850
•
83
4c
50c
r.
ll%c
Aug
Mar
5c
Sep
67
Mining
Mar
6c
50c
500
15
5%
Gas
3,000
Sep
Dec
72
*
Union
63,900
Jan
13%
5
Resources
8c
9c
Apr
5%
94c
585
.
Trusts,
'Traders Finance
82c
10
Apr
Ded{
5,500
Elevators'
Toronto General
9c
Nov
4%
52c
5c
Dec
Oct
Toronto
8%
100
24,600
8% May
8% May
21% May
Feb
82
Mortgage
Jan
90c
200
5.
%
17% Mar
82
Mines
1,450
2.20
Dec
4
30
G8c
82
5% Mar
10
-
58c
4
3,400
19
30c
9
525
7
19%
Oct
Jan
68c
82
-
4c
6,600
6%
7
—.10
Gold
15c
6%c
1,10
6%
19%
Dec
1
^
3C
1.40 Mar
32c
3%c
Macdonald
Sherritt
6%
44c
Dec
80
Gold
2%c
Reef
Preferred
7,048
27c
15c
1
_
Peninsular
Shawinigan
49c
Jan
1.62
4%c
;
common
2,200
70c
*
Corp
Senator
Tombill
6%c
"
Royal Bank
San
45C
Oct
3c
Richmac Gold
2nd
1.18 Mar
Apr
39c
82
Mines
18,450
'
•
Mines
.Quebec • Manitou
Queenston Gold
1st
2,100
1
35c
1
Purity Flour Mills
2nd
8%
33c
.Prospectors
1st
3% Mar
2%c
Rouyn
New
1.46
55c
20
4%c
_
-j.
Transcontinental
1
River
Royalite
Nov
17% Mar
1.40
1
Gold
36 %c
Porcupine
Roxana
Mar
20e
620
■»
Thompson-Lundmark Gold Mines
Tip Top Tailors
Toburn
9c
_
Gold
Robinson
Aug
Nov
1
Crow
Roche
Aug
1
Porcupine
Reno
48c
5%c
80c
Ltd
—
; Photo Engravers
Piccadilly Porcupine
Renabie
Apr
23
People's Credit Securities
Regcourt
34c
3.200
20
—*
common
Tech-Hughes
Cons
(Perron Gold
Reeves
12.025
25c
10
1.60
——
1
Mines
Gold
^Voting
40c
20
__
25c
Gold
Ltd
Malartic
Pen-Rey
Jan
Mar
/38c
Mines,,,-
(Pearson)
Preferred
7%c
—
Malartic
Quemont
1.75 Mar
Sep
common—
Mines
Gold
River
1
Cadillac
Partanen
Jun
.101%
__
6»/8c
—;
Paymaster
Quebec
Taku
1
Oil
26
Mar
24
_„„25
1.80
,_1
Mines
Mar
96
*
:
—
Sylvanite
1
I.——
Tubes
Jun
18
380
1
pref
Cons
Inlet
1
Lake
Porcupine
Preston
1.00
Canada
32c
__
*
Gold
Hershey
31
375
98%
_*
-
1.50
1.50
•
Rights
Pressed
Nov
4c
__
Sullivan
Taylor
38c
1
_
Petroleum
315
23%
98',4
—*
-
Sudbury Contact
Surl
Tamblyn
4,500
30c
of
Press
Dec
2,300
___i
Mines,,
29%
.23%
•
A
Gold
Bros
Co
9% July
98%
*
:
Olsen
Nov
7c
__
l
.
Pacific
Power
July
11c
Jun
28%
503
Feb
Feb
23%
*
B
Stedman
Torbrit
Mines
'Premier
Class'
7c
45c
1
(Eastern)
Powell
4c
Jan
9%
24%c
common...!
common
Stanley Brock class
3.15
5C
—,
common
Pacific
Powell
24c
46c
.
Pioneer
Oct
July
Jan
__
1
Orange Crush
Pickle
24c
1.50 Mar
55,500
Nov
__
*,
Malartic
Parbec
1.50 May
58
Nov
2c
Nov
*
___
1
Gold
Omnitrans Exploration
Western
10c
Dec
14c
2,000
13,009
8c
1.32
Mar
10c
3,500
6c
3.05
10c
1
Paramaque
1.02
Jan
12%
9%
Nov
1
Mines,™i—
Omega
Pan
10c
Mar
43
9,700
14c 14%c
__
Pandora
13c
6c
1
•
Pamour
Mar
.
4c
150,100
3.00
3.05
1
Ontario Steel
84c
lie
i4c
*
___
4c
48c
8.50
July
*
—
Paving
Starratt
Stovel
•
Mines.
Mines
Preferred
Steeloy Mining
Steep Rock Iron
7c
9%c
t
Oil
Stadacona
Steel
16,500
20c
30c35%c
*
Springer Sturgeon
Jan
28,000
8c
70c
9%
1
28c
29,132
7c
23,25()
47,910
<•
__
Jun
43,200
a
47c
1
Co
12c
13c
*
Page
NOV
7c
15c
Mines
Gold
Osulake
Jan
22c
Gold
Lake
106,750
Dec
Nov
16c
Mines
Red
18c
2 54
65c
Aug
Nov
45c
28%
•
Malartic
Standard
13c
Oils
Osisko
5c
Nov
17%
6.50 July
30c
Sep
»
Gold
Dec
31c
Nov
17 %
11% Mar
1,150
Feb
6c
9%c
Ogama-Rockland
Orlac
103%
12c
Okalta
Orenada
Apr
2%c Mar
14c
Empire
O'Leary
100 %
U % Mar
420
7.50
34c
100
Standard Chemical
21c
,
Canada
Star
15
5,500
125
16%
6.75
«
—
__
Feb
1
—i——
Norseman Mines
Inca
103% 103%
1
Gold
A
A__
B
17
16%
45%c
1
Preferred
•
Mining
Northland
2.99
____1
Merger
Mines
class
1
High
16%
...
Nov
26% May
1.91 Mar
5,950
Nov
58c
18% Mar
6c
—
North
2.25
Mar
5c
Nordon Corp
Mines
Northern
2.10
18c
6c
Malartic
Northern
2.22
17
Apr
103%
Norgold
Norpick
10
18,100
Mines-
Normetal
100
48c
1
Nipissing Mines
Norunda
15%
45c
Mines
Norbenite
15%
.
1
Yellowknife
Nicholson
15%
___i
Thurbois
Nib
ie
47c
.
=.
1
—
Jan
45
Low
7.50
1
Preferred
16
Dec
Range Since January
High
16%
—
:
Dairies
13% May
__
37%
Silverwood
Low
,
certificates
Simpson's Ltd class
10 % May-
Oils
Rouyn
Mar
50
„
Pacalta
Feb
37c
:r_100
Gold
New
15c
Nov
285
25c
;
Shares
.
(Quebec)
Miller
705
Minos
New
Oct
7c
16,500
*
Gold
Norzone
New
8c'
1,500
9%C
common
Mining
11%
14%
,
Newnorth
10c
7%c
Silver
trust
37'A
Jason
Marlon
26 Ya¬
Voting
Slacien
preferred
Calumet
New
New
s
28c
205
11%
*
Bidlamaque
for Week
r
Breweries
371/4.
20
—-
Sales
Range
of Prices
Par
Slck's
441/4
Car
(Wm)
26%
/_
*
New
;
Dec
11%
Mines
Neilson
New
-
67c
14%
;
Petroleum
National
Negus
.
High
Mar
220
4,070
/
gc
*
.
,,
;
22c
5
;
Preferred
National
'
g%c
Week's
Last
Sale Price
STOCKS—
_*
—
common
National Hosiery class A
Class B
St
Low
19 %
74%
„
1
—
National Grocers
19
74
1
j.
Mines
Breweries common J
National Drug preferred
,
Friday
rn
44c
19
74,
common,-
17
Range Since January 1
¥
Corp
MARKETS
DECEMBER
•
54c
45
'
Shares
High
54c
—1
—
Montreal Locomotive
ENDED
(2577)
for Week
of Prices
LISTED
WEEK
CHRONICLE
Sales
Last
Sale Price
STOCKS—
FOR
FINANCIAL
39
1.00
2.60
Mar
Sep-
66
Dec
192
Oct
4% May
57
2.25
,
Dec
'
Apr
21% May
;
60c
Jan
May
Oct
23 V*
Jan
Jun
4.10
Jan
•-
34
Apr
-j.
70%
Jun
20
Feb
46
Mar
2.25
July
26"
500
20
Oct
Jan
3.00
Jan
2,670
37c
23
24%
Feb
Feb
Jr.n
28
May
6.50
NOV
45c
Nov
";'i
46
(2578)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, December 20, 1948
OVER-THE-COUNTER SECURITIES
Quotations for Friday December 17
Investing Companies
Mutual Funds—
Sescurltles
Aeronautical
Affiliated
Amerex
Par
Fund
4.65
5.11
3.70
4.05
Shares
10
Beneficial
9%
General
Home
5
14.28
15.52
Electrical
4V4
90.76
94.54
20.49
3
2%
1
18.95
7.79
7.80
14.88
16.09
1
16.12
1
4.15
17.66
5.10
1
30.47
32.76
1
12.88
13.94
2,890
3.66
3.41
3.64
None-Ferrous Metals
Paper shares
lc
3.36
lo
3.66
Canadian
Century
Ltd
Ltd
Fund
Inv
4.22
Trust
Shares
Fund
Chemical
%
Securities
Christiana
Preferred
com—100 2,790
1
Fund
1
13.46
Shares
25o
1.38
Delaware
Dividend
Balanced
1
23.28
1
15.08
.3.67
22.61
1.74
24%
5.15
13.13
5.74
43.23
4-78
Fund Inc
Financial Industrial Fund Ino_l
-10
1
Fundamental Investors Inc
2
Fundamental Trust shares A__2
First
Corp
Boston
General
Trust Fund
1
Corp
Capital
1
General Investors Trust
24.44
Agricultural
Food
Mining
12.87
14.03
12.69
Panama Canal
13.62
Dollar
1
7.85
Matnrity—
8.49
Int. Rate
,
Bid
Maturity—
Certificates
Treasury Notes—
"
Series
tJan.
6.85
of
Indebtedness—
*1 '/as, Jan.
13/8% 100.0936
.1189
1,
1949
«%S
1%% 100.0046
1, 1949
tApril 1, 1950
7.31
6.27
Series—
1,
,100,0046
-
5.36
5.85
6.39
tl%s
3.44
Selected Group Series
1
Low Priced Com Stock Series 1
3.76
tl%S Dec.
15,
3.32
3.63
U%s
1,
1
14.06
'
.0269
.9901
99.9812
99.9730
.9836
—>100.0206
.0361
100:0290
.0485
100.0097
.0293
15.08
8.67
Fund^
.0087
100.0009
lOO.OlOO
1949
1.
.0111
100.0016
tl%
Oct.
Ask
Bid
1949
Feb.
4.90
Series-
England
.119%
118
Price
-Ask
Industrial Stock Series
New
100.6
U. S. Certificates of Indebtedness
Mar.
1,
1949
tl'/eS Apr. 1, 1949
tl%fi June 1, 1949
tl VaS July 1, 1949
263/4
New
York
Stocks
9.50
Jan.
1949
.--—
1950 wi
-
Inc—
Agriculture
5.73
Automobile
14.39
1
Bank
46.48
stock
5.13
Building
6.75
6.06
6.64
9.37
10.27
I
;
5.84
1
1
Aviation
6.61
7.75
8.49
Diversified
supply
Chemical
1
series
9.84
5.74
9.32
4.28
6.91
6.23
equipment
11.20
11,03
8.62
10.44
Rate
Dated
3-49
bl.50
1.25%
1.50%
2-
1-49
bl.50
1.30%
1.65%
6-
3- .1-49
1-48
Due
Bid
Ask
;
12-
1-48
5-
2-49
bl.50
1.40%
9-
Wi
1-48
6-
1-49
bl.60
1.50%-
,bl:60
bl.50
1.35%
1.65%
10-
1-48
7-
1-49
1-49
bl.50
1.40%
1.65%,
11-
1-48
8-
1-49
bl.60
1.50'%'
'5- 2-49
bl.50
1.40%
1.50%
12-
1-48
9-
1-49
bl.60
1.50%
1.50%
10.18
Machinery
Merchandising
1
4.65
7.50
Metals
1
8.57
Oils
1
15.96
Pacific Coast Invest Fund
1
10.75
7-
1-48
8-
2-48
4-
17.49
7.02
1.55%
1.55%
9.39
8.15
11.78
10.10
7.51
6.47
9.30
Ask
1-
1-48
11.44
9.29
1
Bid
1-48
5-
1.55%
10.76
7.87
Due
4-
1.55%
11.23
9.82
Dated
1.55%
12.09
10.25
1
stock
Federal Intermediate Credit Bank Debentures
Rate
10.78
10.56
Industry
1
/Diversified Investment Fund-1
Diversified preferred stock
1
5.56
6.40
1
-
bond
Insurance
9.76
Public
7.30
7.92
5.61
6.09
Railroad
1
Railroad
lc
lc
lo
6.93
1
.5,19
1
6.12
equipment
United States
.6.08
5.55
1
9.81
r
6.71
Bid
1
7.99
8.76
Dec.
1
9.58
10.50
Dec.
8.17
23,
1948——
30,
lc
2.43
2.65
Petroleum
,_lc
3.66
3.98
Putnam
Railroad stock shares
—lc
lc
4.48
4.87
Republic
4.87
5.29
Russell Berg
lc
3.99
4.34
4.55
4.95
4.18
Feb.
10,
1S49—.
hi. 15
1,08%
Feb.
17.
19497-.
bl.15
1.08%
1949
13,
0.90%
'0.90%
1949
1.00%
1.04%
Feb.
bl.13
1949_.
bl.16
1.09%
bl.13
1.04%
March>10,
1949.
bl.16
1.09%
bl.13
1.06%
March
1949.
bl.16
1.09%
bl.14
1.06%
—
24.
1949-
1.08%
bl.15
Scudder, Stevens & Clark
-_lc
6,
Jan.
Ask
bl.12
——bl.12
1948-w
Jan.
shares
RR Equipment shares
Treasury Bills
>5.69
Tobacco
5.84
7.53
Utility
8.95
*
Steel
•7.52
5.38
_lc
shares
.100.4
.
100.3
.1961
7.06
7.19
shares—
100.4
100.1
*
3s
3.48
Electricial
4.51
Bond
Steel shares—
Tobacco
shares
Utility
Howe
shares—.
Plan
Fuhd
L.
Inc
Income Foundation Fund
10c
xl.58
1.62
F
20.09
21.72
<fe Trading
(Geo) Fund
Fund
0
Investors Fund
25
Investors
Institutional
Aviation
Bank
Shares
Group
Ltd—
..lc
shares
Group
7.69
..lc
Insurance Group shares
2.51
2.75
Jan.
25.28
27.13
—•
10.37
Stock
lc
and
Bond
Co
of
Group
America
Investment Trust of
Shareholders Trust of Boston
1
12.17-
13.34
24.60
73c
Union Bond
1
17.27
Series
1
G.73
series A
12.89
13.19
C
1
X
.j.
1
26.87
28.09
United
(Medium Grade Bds)
Priced Bonds)
B-2
1
23.03
25.13
1
16.29-
17.78
Wall Street Investing Corp
Wellington Fund
9.16
10.00
Whitehall
.16.78
Wisconsin
B-3
(Low
B-4
(Speculative
K-l
(Income pfd Stocks)
Bonds)
1
1
15,38
K-2 ^Appreciation pfd Stks)_l
^
Income
Fund
Fund
Shares—1
Investment
9.01
Manhattan
13.31
14.52
Stks)_l
Stks)—1
11.23
12.26
4.51
4.92
Independence Trust Shares
1
4.59
5.03
Mutual Fund
•
Second Fund—.10
89.58
43.36
91.41
Series
44.25
Series
,8-4
(Low Priced
Knickerbocker
com
com
Fund
10
15
Chemical Bank
10
9.56
:17.64
16,37
1
3.26
3.54
Trust
ft
Par
Casualty & Surety
Bid
Diversified
Series
Trustee
Shares—
E
1
2.13
2.43
1
*
7.45
American
Par
Home
Bid
5
293/4
Insur Co of North America
10
105
109
56
Jersey Insurance of N Y
20
39
39%
24 %
52
:
83
8.7
i
xl2
13
58
373/4
4
Casualty
43%
91/4
2%
17%
American
Re-Insurance
10
10%
Reserve
10
Surety
25
58
Merchant
Merchants & Mfrs
National
30
New
25
P)
Co
Co
44%
20
Inc
i
46%
52%
100
37
54%.
199
12%
City Bank
York
35
Fiduciary
Trust-
84%
Trust
10k
i
-10
611/4
631%
—8
General
Continental
Life- ._10
Casualty
21%
197/a
-
78
-82
-10
50%
New
York
29%
7
34
36
23%
,46
5
36%
J
204
•
,;39
7.
25
24%
5%*
84
801/*
Trust.17%
Fire
Indemnity Co_^„
38%
New
r
.•
33
United
:
37'%
83%.
Bid
Ask
102%
1978
64%
Preferred Accident
57%
61%
Providence-Washington
Fidelity ft Deposit of Md— -20
-10
of Frisco— -10
82%
158
99% *100%
$1.20
Black
'
'
'
"
7 102%
Du
102%
61
Reinsurance Corp
Lt
ft
1967
J%
1978
.
-
"
95%
7 —
k__
3s
Elec
1978
101%
1978
79%
82%
Republic
—8
14%
102 %
,103%
1978
101
1977
100
San Diego Gas & El 3s
1978
1013%
3s
23%
25%
Falls
_8
46%
-48%
ft
_5
10
15
26%
15
77
3%
Power 3s
31
32%
75
30%
32%
10
44%
46%
30
32
89
'
23
B)
92
'
>
Laboratories
preferred—_20
20
pfd.100
v
20%
,
88
89%
98
99%
;
'
.100
85%
87
'
preferred
Gas & El
100
5V4%
104
100
pfd
*
■
-
105%
105 Va
V
107
Pow
Ser
*
vt01
'
&
Lt
pfd-100
4.40%_100
4.60%
i(Colorado)
(Indiana)—
preferred
'3750%
f
'!
103%
105
1023/4
i033/4
Service
of
New
.
>
.
7. 7
100
80%
Mexico_7
r:13%
82
,1
14
7
102%,
101'%
102%
'
197,8
101%
102%
,
'4.50%
Tobacco-
preferred
,—100.
101%
Tennessee Gas Transm's'n Co—
4% %
Texas
preferred
Eastern
Tucker
:
—100
Transmission
Corp "A"
■93
•
1
>102;:;
: ■
.1,
■
,
>
"
.
:
95
k
12 Va
12
1%
\l%
78
48
10
——100
preferred
,
Pub
101%
1978
Wise-Michigan Power 3s
Ask
22
England Gas & Elec—
I
29%
10
(Allen
.•
& Light—
convertible
4.50%
53/4
12%
Power
preferred
Reynolds ,(R J)
85%
27%
Refining
preferred
Public Service
West Penn
82
5
-10
Bid
&
*
Pacific Pwr ft Light
34%
5
conv
Mont
New
k__
Power
555
,
w
15 %
10
2
(Texas)
67
97/a
''
525
102%
3y4s_1979
;
6%
23/4
100
Kentucky Utilities 43/4% pfd-100'
101v-
7
1988
Trust
Florida Pow & Lt 4%%
—
100
3ya8
Tel
England Power 3s
Ohio
88
32%
(N Y)
8%
,
Par
Oil
Hill
5%
162
58
39%
:
64
12
Stocks—
Penna
15%
26
States
Ashland
Okla
493/4
Phoenix
61%
26
Trust—.;
&
""
Security Issues
102%
,
2%s
Northwestern Bell Tel
102
341.4
&
National
Guarantee
Public
Pacific
Bank
N Y State Electric ft Gas—
31
Northern
-10
36%
Bell
Narragansett
48
45
Northeastern
.-10
Foremen's of Newark—
Title
4%%
253/4
42
Pow
Michigan
8
29
14
—•
Fund
t
1973
Louisiana
31%
10
Fire
Federal
Phila
28
.—2
River
Bmpluyees Group Assoc
employers Reinsurance——
31
3%s__1973
Tel
Arkansas Pow & Lt 3Vfcs
Cudahy Packing
52%
-10
—.
Inc
26
10
Pacific
Cram ft Forster
&
*
North
Fire—
Tel
3%s
22%
(Detroit)—10
Amsterdam Casualty
Hampshire Fire
New
New
Connecticut
x21
4
Fire
Nat'l
Sterling
.
14%
8
National Union Fire
38
80%
10
Boston
Public
45
8
Assur
Causalty
National
60%
-25
Shippers
Bonding
Fire
X13 %
x43
19%
25
American
-
Massachusetts
15%
>
28%
American
$2.10 Prior preferred
10
$1:05 Convertible preferred_8
21%
13%
American of Newark
Automobile
10
Chesapeake & Ohio RR—
22%
19%
St Paul Fire & Marine
General Reinsurance Corp
end
(J
5.40%
62
211/4
.5
Gnat
Trust
National
42
Equitable Assur
8
American Fidelity & Casualty.B
1
31%
49%
American
Fireman's
&
50
American
Ask
54
28
Automobile
of
Trust
Morgan
,
16
2.42
Maryland Casualty common—1
Assn
Manufacturers
Companies
81
10
,—
Alliance
Ftoe
35%
42 %
30
1,420
3.38
1
1955
1956
6.48
47 %
—10
American
Camden
Lawyers
259
15
100 1,380
Trust
85%
2 3 V4
Federation Bank ft Trust
2.80
10
Insurance
ft
28
10
31%
—
Ask
1,230
250
40%
~
Bid
100 1,170
100
Irving Trust
Kings County
Commercial National Bank ft
Trust Co
20;
Continental Bank, ft Trust
10
Exchange Bank ftTrust_20
Empire Trust
—50
Unit Type Trusts—
Ask
77
10
Life
Bankers
Bank
Trust
Industrial Bank of Commerce_10
100
82 %
National
Guaranty
40
,x97
Chase National Bank
9.37
16:16
15.22
Bonds—
■
American
38
100
Recent
Insurance
Agricultural
Par
First
313
North Amer Trust Shares—
com
(Income
(Appreciation
Aetna
Ask
26%
293
Corn
27.70
6-2
Aetna
Bid
25Va
,
100
9.79
21.07
S-3
Aetna
Co—10
Central Hanover Bank ft Trust 20
1
a
Co_
19.31
25,39
common
Loomis Sayles
the
Bank of New York
Brooklyn Trust
,_1
Inc—*
Stks)_l
Stocks)
1
(Quality
Loomis Sayles
17,
City Banks & Trust Cos.
7.05
Bonds)-
(Investment
of
Par '
'
.
Bankers Trust
18.21
17
Bank
18.38
5.87
Union Preferred Stock Fund-
7.38
1
8-1
Fund
B
•
■'
/
82 c
20.59
1
Series
Union Common Stock Fund-
Boston
Investors Management Fund
B-l
York
79c"'.
48.25
Trusteed Industry Shares— _2Bo
26.74
Keystone Custodian Funds—
1949—
6.28
71c
45,25
10c
3,
20
5.74
Corp.*
Co
3.
'
1.10
99c
1
Inc
Investment
Inves
Street
March
11.22
1 ;>'X18%
State
*
.47.21
2%
r_
20, 1949
27, 1949—
Feb.
82c
72c
lo
Investment
8.43
Jan.
1
Selected Amer Shares
Standard
shares
15.14
,14.08
1
Fund Inc
Inc
'
1
:
Sovereign Investors
Incorporated
!
1949
4.62
7.80
shares
Railroad
f
1949-
15,
101.4
3.18
6.12
shares
Petroleum
100.24
—
4.23
shares.lc
Company
Merchandising
22,
Sept.
.100.3
100.1
,6.46
'5.64
5.12
Fully Administered shares__lo
.'General bond shares
lc
Industrial Machinery shares lc
Institutional bond shares—-lc
Low Priced
1
Inc
6.69
Stock
lc
shares lc
.lc
shares
shares
Investing
July
l%s
1949
7.88
Series
lc
Electrical Equipment
Ask
100
1.65s
15.
Other Issuta
11.90
Corp
Bond
Speculative
lc
1°
Building shares
Chemical
Preferred
6.22
shares
Bid
1949
98.12
Apr:
26.11
,
Priced
lc
shares
Aviation
7.19
24.15
xll.01
Fund
Corporate
shares
Automobile
20,
l%s
1.90
Securities—
Group
1953-1851—
Jan.
98 /
3.71
1
Fund
series
Income
3.83
_—
Fidelity
First Mutual
Low
16.13
-20c
—.—5
Fund
1,
1, 1955-1953
l3/4s
100
97.207
98
'.
Securities—
Investors
Bond
24.89
Fund
Balanced
.Stock
1%S Jan.
2%s Feb.
99.22
;
4.01
•
*.1
National Security Series—
,
Equity Fund Inc
point
a
Banks—
Loan
Stock Series
Howard—
Baton &
Invest
National
5.76
14.71
.1.52
5.26
Investment
Tsome
4.45
Natlon-Wide
147
100 xl42
t
j,
Commonwealth
32nds of
more
or
4.65
4.04
shares
Steel shares
lo
Manhattan Bond Fund Inc.-loo
Mass Investors Trust
1
Mass Investors 2d Fund
1
one
Federal
Ask
.
4.04
lc
1%S Oct. 1, 1950-1948——..
1Y«S May 1; 1952-1950—-—
3.76
lc
Bid
'
4.04
lo
Industries shares
Furnishings shares
Mutual
Fund
Bullock
Equipment shares.lo
3.49
Petroleum
43/4 r
1
1
*
Inc
Fund
3.70
7.54
*
Federal Land Bank Bond*—-
3.34
6.97
4.00
Bowling Green Fund Inc
10c
Broad Street Invest Corp_—5
Boston
3.35
3.03
8%
America
of
shares
3.16
1
Holdings
Inv Tr
Figures after decimal point represent
Ask
Business Equipment shares.lc
Drug shares
lc
24 y2
Oilstocks
A
Bid
lc
3.65
Corp—
Corp
Blair
Automobile
1
Axe-Houghton Fund Inc
Axe-Houghton Fund B
Bond
-
Par
Managed Funds—
2
Standard
series
22%
Obligations Of Government Agencies
Mutual Funds-
1
Shares
Business
Associated
Ask
1%
Inc
Holding Corp
American
Bid
Republic
<ft Rutgers Eire
com
preferredAmerican—
11
"29%
Seaboard
Surity
Security (New Haven)—
8pringfield Fire & Marine
Standard Accident
Hanover Fire—
10
Hartford
Fire—
10
Hartford
Steamboiler
10
31%
116
33%
33%
119
353/4
U
,—100
Fire
U S Guarantee—
Westchester
Fire
610
a
Odd
Included
change,
635
.2
49
51
4
Fidelity & Guaranty Co
S
.
.
58
n
10
71%
74%
37%
39%
(not Included in year's range)
year's
range).
e
Ex-interest.
Admitted to trading N. Y. Curb,
(Un) Admitted
to' Unlisted
b Big yield price,
,
1 Flat '.price.,
r Cash
Trading
sales
d Deferred delivery
k Admitted to
listing
on
"N. •¥.
(not included in year's range)";
privileges.
wdWhen
delivered.
sales
(not
Stock Ex¬
t Ex-stock
wlWhen
Issued,
61
2.80
lot sale
|n
dividend.:
Travelers
U *8
„10
51
x
Ex
dividend,
•No
par
y
Ex-rights,
value,
dividend paid on
tin
May
z Ex-stock
default.
10.
dividend.
tThese
bonds
are
subject
to
all
■
Federal
'
taxes.
HEx
$40
,
cash
-
Volume 168
Number 4761
THE
COMMERCIAL &
FINANCIAL CHRONICLE
(2579)
THE COURSE OF BANK
CLEARINGS
j+
Bank clearings
Preliminary figures
this week
will
show
compiled by us, based
Jetties of the country, indicate
that for
for
all
cities
•clearings
liminary
of
the
United
will be 4.1 %
States
decrease
a
the1 week
1047.
it
a
year
1948
Third Federal
Reserve
Bethlehem
obtain
Philadelphia
Reading
Scranton——
Wilke.s-Barre-
Our pre¬
year.
the
for the
week
same
weel| ended Friday of 3.3%.
summary for the week follows:
'
7
in
Our
;
,
New
,
Clearings—Returns by Telegraph
1948
i
;
Chicago——
Philadelphia
Boston
—;
-
Kansas
a.
City
,_x_.
690,123,445
2.8
.,
Sari
L-
.—
-569,966,768
295,287,018
•349,100,000
4.7
,*
Ten
378,236,000
—
Youngstown—
Total
'234,525,486
4.4
$13,017,481,465
$13,383,301,100
2.7
2,583,172,485
2,864,364,115
9.8
All
cities,
one
day
Total all cities
\\
$15,600,653,950 $16,247,665,215
..
.
793,719,356
for week—
—.$16,394,373,306
our
ends
and exact details for the week
covered by
of next week. We
cannot furnish them
issue
and the
Saturday figures
Accordingly,
in the, above the last
day of the week in all
In the elaborate
detailed statement,
however, which
are able to
give final and complete results for the
we
For that week there
was
the same week in
1947.
clearings at this
center
Outside of this
having recorded
cases
we
that
appears
decline
of
in
the
New
York
4.2%, in the Boston
District
Reserve
has to be estimated.
present further below
decrease
of
4.2%.
We
the week
—
the
group
District
of
3.0%
cities
located and from this
are
(including this city) the totals
and
in
Reserve District of 1.9%. The Cleveland
Reserve District is .able
in its totals of
4.9%, the Richmond Reserve District of
the
to show
ment
1.6%
Reserve District
record
a
Philadelphia
an^
and
improve¬
the
Atlanta
of
4.1%. The Chicago Reserve District
suffers a loss of 3.9%, the
St. Louis Reserve District of
3.4% and the Minneapolis Reserve District
of 1.2%. In
the Kansas City Reserve
District the totals are
larger by 1.9% and in the Dallas
Reserve District by 5.2%, but in the
Sari Francisco Reserve
Dstrict the totals are
smaller
by 3.6%.
'
;
.
following
we furnish
a
*
Federal Reserve
Georgia—Atlanta..——
Federal Reserve Districts
1st
3rd
12
5th
7th
Chicago
8th
St.
_
9th
Minneapolis
10th
Kansas City
Macon
116h
Dallas
12th
San
Total
1
week ended
•'
v
*
7.771,944,587
8,441,229,338
+
4.9
749,740,510
424,119,794
+
1.6
401,767,792
1.9
927,784,241
'
671,455,545
+
4.1
592,231,725
498,456,356
—
3.9
933,885,619
750,491,241
507,877,362
525,959,693
369,054,261
480,170,563
471,131,790
H
288,820,882
—
•
'■
3.4
—
455,603,211
274,671,898
+
382,236,207
328,684,670
246,965,958
*
1.9
+
415,594,799
316,035,816
5.2
240,494,855
193,603,513
3.6
674,416,754
613,448,647
764.205,826
—
13,981,907,384
14,333,067,021
—
2.5
14,035,759,all
13,790,077,910
6,915,025,221
6,952,680,102
—
0.5
6,506,182,973
Mobile—i.—-.
1-1—-—
showing the figures
for each city for the
Reserve
1948
Clearings at—
,
1
Arbor
1947
Inc.
$
■
or
1946
Dec.
%
1945
"j:
$
•
'/
1,905,762
4,549,227
Lowell—-
--—
———
New
x.
-----
cities)
Federal
—11.6
4,937,358
4,199,207
3.4
456,875,461
436,093,961
—
—
9.0
1,811,922
..
—
787,505
676,871
—12.8
2,477,483
1,871,097
+
2.3
7,086,404
6,674,388
0.1
5,475,936
4,965,564
25,328,140
11,040,489
24,346,300
25,049,000
1,950,394
1,309,958
534,366,539
—
0.3
23,837,964
19,316,118
1.7
10,370,554
8,001,236
2.8
26,546,300
20,776,600
+ 48.9
1,441,566
1,094,071
3.0
543,610,248
4.1
16,831,812
64,980,218
222,100,000
+
5.6
—
92,498, 126
6,677,
j
4,670,356
17,399,905
50,554,041
179,800,000
3,110,900
+ 13.7
3,928,776
2,717,961
—
7.3
+
0.9
73,587,643
+
4.5
75,279,162
82,776,653
6,494,133
886
•
60,633,815
483,,613
+18.5
477,381
4,724,153
422,727
112,230 ,742
+13.6
114,693,234
105,505,211
606,860,848
'+
592,231,725
498,456,356
—
1,743,659
11,124,920
5,499,048
51,419,000
6,450,528
-k
;
Iowa—Cedar Rapids
Des Moines—
7,399,251
5,883,120
4,415,537
3.6
5,560,668
3,794,052
2.4
49,816,000
38,204,000
+ 10.4
5,203,436
3,660,358
—
+
56,132,808
X
-
+
3.1
+
3,543,986
27,779,217
30,423,690
15,816,097
15,649,870
111,300,000
*'
9.6
3,606,039
H—
I
1.1
5.2
5.0
3,295,564
12,114,438
5,264,687
3,927,493
;
8.7
—
1,371,161
781,215,873
742,169,433
x
cities).
900,744
9,420,550
13,297,889
t
-54,860,776
3,504,197
44,558,360
25,457,886
12,705,549
1
City.—
—
■1,248,533
—
3,883,465
Illinois—Bloomington
—_
+
X
57,891,202
;
__x_
—
1.5
6.6
7.5
+
—
6,164,751
t3,120,108
Wisconsin—Milwaukee
Chicago
Decatur.—
4.1
17,138,024
2,975,064
~
1,164,370
736,370,163
9,151,218
695,846
600,509,780
2,185,591
9.4
+
6.2
4,509,722
3,855,078
957,353,141
+
4,957,951
3,226,354
+
1.9
3,670,357
2,637,846
3.9
933,885,619
750,491,241
240,800,000
216,000,000
8.9
996,312,003
—
2,943,037
11,567,255
9,039,216
Eighth Federal Reserve
District—St. Louis—
Missouri—St.
Louis—
Kentucky—Louisville—'
Tennessee—Memphis x_'__
Illinois—Quincy
I
255,200,000
Total (4
271,200,000
132,749,041
■
5.9
132,734,617
117,917,014
0.1
111,673,058
119,597,782
92,571,947
1.4
2,025,731
2,412,870
16.0
101,181,285
1,948,868
72,417,563
cities)
455,603,211
382,236,207
507,877,362
*
•
525,959,693
■
3.4
1,246,697
Ninth
'■
Federal Reserve
—
,*.•
District—Minneapolis
Minnesota—Duluth—ix—
Minneapolis
*
6,306,004
8,506,335
6,764,696
251,600,416
87,904,348
7,716,396
3,884,998
4,446,478
3,005,121
3,963,560
+ 12.2
9,782,112
8,099,724
+ 20.8
364,562,330
369,054,261
1.2
_
..
St.PauI.x
.—HI
x-
North
Dakota—Fargo
Dakota—AberdeenMontana—Billings
244,618,916
87,017,487
—
South
Helena..
___
—
6.8
2.8
7,623,240
222,751,041
1.0
168,183,457
76,989,459
+ 10.2
57,347,788
6,607,890
H- 29.3
4,899,273
2,920,560
1,781,198
3,701,988
8,090,492
2,661,935
6,297,993
328,684,670
246,965,958
436,159
—
—
Total (7
——111
cities)——__xx_x
___
:J,
;
496,567
*550,000
~1_~
Missouri—Kansas
Cityl—II Hill
;
11111
Joseph
510 665
—
2.8
5.1
2,348,745
2,086 669
11,198,686
+12.6
2,287,502
1,852 ,142
2,009,976
+ 23.5
1,695,389
324,820
445,419
5,164,149
79,853,798
5.137,594
7,551,910
205,941,409
8,481,558
1,702,928
1,432,231
480,170,563
11111
LzIZZlZlHI
171111
471,131,790
+
1.9
415,594,799
316,035,816
3.0
6,977,120
+
4.6
190,059,000
+
6.0
26,148,967
+ 36.2
4,505,706
158,311,000
17,764,108
5,269,000
2,835,664
9,205,104
3,415,000
2,359,958
7,247,741
193,603,513
;
Kansas—'Topeka..
Colorado—Colorado Springs
Pueblo.
(10
5,794,314
Reserve District—Kansas
City-
Nebraska—Fremont———
Total
—
7,387,844
127,674,611
7,106,126
12,480,612
306,974,317
12,864,239
HI. HI'
cities)—.--x-
538, 363
+
2.2
545,834
7,155, 363
+
3.2
+
8.3
6,956,881
106,982,921
117,907,
072
7,168 ,201
10,058, 358
310,297 ,291
13,557,
666
—
0.9
5,846,016
+ 24.1
10,182,575
1.1
269,740,362
—
—
Eleventh Federal
Reserve
District—Dallas
Texas—Austin
Dallas.
Forth
—
_nin
I——TIT
—
Worth-
—
Galveston—
HI "I ~
111
Wichita Falls—
Louisiana—Shreveport
6,915,892
233,971,560
27,286,046
6,701,722
3,757,486
10,188,176
7,131,481
223,639,000
25,751,232
4,922,000
3,169,139
10,059,046
274,671,898
+ 18.6
506,405,069
—
Total
+
1.3
+
5.2
240,494,855
101,153,198
3,670,356
0.5
141,310,802
54,824,561
0.8
98,071,551
5,023,753
92,682,308
(6 cities)
Twelfth Federal
Reserve District- -San
Francisco—
21,590,044
3,103,690
2,756,892
76,169,105
83,506,233
—21.4
+ 12.6
Yakima—x
8,483,939
Oregon—Portland
2,977,999
2,084,071
Utah—Salt Lake City
Rochester
—
Connecticut—Stamford
Neto Jersey—Montclair—
—
-
J——;
Northern New Jersey
cities)
8.8
79,179,274
66,494,306
1,661,687
—10.1
1,733,581
1,302,081
2,191,579
—17.7
7,066,882,163
7,380,386,919
—
19,235,033
—
12,291,225
.
.—.II
21,446,842
1,493,016
-4
New York——
Newark——
351,251,084
2.6
288,820,382
+
1,803,142
—
-
401,767,792
Washington—Seattle
i.
—.
Jamestown.—
1.6
5.9
5,945,896
52,628,000
_t_—
1,396,597
3.1
+
19,057,032
Elmira
Total (12
1,339,359
+
16,964,573
z.:
Buffalo—---,
Syracuse-
1,961,795
District—New York
York—Albany----
JSInghamton
4.7
7,412,095
518,117,441
Reserve
—
5,490,276
10,849,752
1-
New Hampshire—Manchester-
Second
2,217,902
25,407,577
—
Rhode Island—Providence
Total (12
■
7,581,627
_—
Connecticut—Hartford.—.—
56,683,937
+
7,124,249
—
-
Wichita
$
5,493,763
—„—
Haven—--
824,030
1,934,092
——
2,050,798
849,750
New Bedford—-
-
446,589,981
1,866,935
——
Cjpringfield
Worcester-
5,148.108
431,471,349
—
2,660,296
185,504,630
69,438,648
+
3,949, 300
81,753, 235 *'
1,770,554
South Bend—
St.
1,816,675
Portland
Fall River—
3,533,375
197,008,222
7.6
+
5,913,488
—_j.__
Terre Haute.
Omaha—
•
Massachusetts—Boston.,-—-x_.
2.7
0.4
+
+
—
67,865,,030
10,385,110
Lansing.—
Indiana—Fort Wayne.!
Indianapolis..
„
M&ine—Bangor———xx———_
95,296,572
District—Chicago—
-Chicago—
Grand Rapids.
Hastings
First Federal Reserve District—Boston—
1,726,649
9,379,000
118,087,531
631,783,527
Federal
Michigan—Ann
2,514,016
11,186,000
0.9
127,475,588
—
Total (10
cities)
Seventh
3.8
+ 29.9
573,106
Orleans
Lincoln
Week Ended Dec. 11
v'
•
671,455,545
—
21,668, 514
6,981,356
Mississippi—Vicksburg—
Louisiana—New
Tenth Federal
detailed statement
'
254,308,835
749,740,510
5,550,292,633
,
Dec. 11 for four
years:
.'
271,346,332
4.9
—
93,345,220
Alabama—Birmingham-—-—-
...
:-t. 1.2
41
.X
8.9
+
351,251,084
996,312,003
364,562,330
I
21,112,000
3,052,070
4,990,232
'
41
cities
5,633,245
215,000, 000
4,734, 402
4,489,680
818,499,136
606,860,848
736,568,219
3,871,178
2.4
+
75,811,478
——
—
'
•
New
$-
4.2
791,949,235
41
7
our
:+
506,405,069
631,783,527
—-10
add
now
•
957,353,141
New York City—
We
$
543,610,248
943,605,872
44
——A——111
butside
7,630,829.262
%.
1945
3.0
—
—
431,024,488
—' 6
—
Francisco
Dec.
534,366,539
<4
.-10
20.7
+
424,119,794
5,000,273
'
Springfield
1946
.
4
_—-1—
$
518,117,441
or
831,095,059
16
_
Louis_x————
Inc.
'
"
10
_
1947
925,970,496
6
x.f
—
>
+ 12.7
3,4565,027
20,775,979
69,630,847
227,700,000
,
Florida—Jacksonville——x—
Sioux
4,519,942
145,627,832
237,844,634
275,086,793
26,767,000
CLEARINGS
7,308,563,876
<4
7
——
Richmond
Atlanta
cities
—11
Cleveland
BANK
$
-12
-
Philadelphia
4th
6th
-
Boston-.
2nd New York
OF
1948
6,795,273
160,240,689
3.3
—
210,808,511
69,386,170
,
Augusta..—
Total (16
SUMMARY
0.8
5.6
District—Atlanta-
Peoria.-
•
summary by Federal Reserve Districts:
Week Ended Dec. 11
818,499,136
+
2,814,927
209J913.149
74;681,594
cities).
Rockford...
In the
6,673,015
927,784,241
—
12,319,000
125,136,159
3,752,182
_
$13,981,907,384 against $14,333,067,021
city'there was a loss of 0.5%, the bank
according to the Federal Reserve Districts in which
they
it
2,708,874
Tennessee—Knoxville
"■-•'
to
a
19,948,739
1.9
—
6,890,861
123;967,689
Nashville.—
press.
decrease of 2.5%, the aggregate of clear¬
a
ings for the whole country
having amounted
in
the week
as
going to
week previous
ending Dec. 11.
7,207,428
178,777,878
431,024,488
(6
Sixth
the foregoing will appear'
not available at time of
are
6,811,492
—
292,963,518
32,384,200
3,895,364
16,001,000
Total
"
4.1
—
today, inasmuch
Saturday,
2,214,557
791,949,235
Virginia—Huntington—
Carolina—Charleston---—
Maryland—Baltimore—
District of
Columbia—Washington-.
6.3
$17,095,055,991
Complete
in
4,426,419
8,460,620
+ 59.9
9,766,118
269,829,986
Richmond—-
4.0
847,390,776
1,980,774
5.0
District—Richmond—
South
Total all cities, five
days——
2,237,260
3,874,967
v
cities).
Virginia—Norfolk
*
^
(7
Fifth Federal
Reserve
West
1—
2,239,005
790,000,000
+ 10.3
—
0.7
224,117,582
"Cities, five days—x——x—_x—
II-"""
z-IIIli
Pennsylvania—Pittsburgh
8.1
375,278,052
—_xi
Othet cities, five
days—•— I
H_IIIIII
1111111
8.4
327,138,726
372,802,705
Baltimore
,
1.7
3.7
943,605,872
7,151.079
172,853,041
309,463,073
36,490,900
4,701,183
6,728,158
293,707,625
———
~1I.1I
Mansfield
5.8
\
353,552,017
u_————
+
—
4,520,702
831,095,059
-
346,404,000
Pittsburgh^—
J
—
Columbus.—
312,276,472
Cleveland
878,000,000
3,192,949
4,967,311
2,328,613
—25.9
7,931,782
925,970,496
Cincinnati
Cleveland
9.6
332,800,000
Francisco.-
823,369
Ohio—Canton
5.3
1,017,000,000
515,079,940
St. Louis,——v——
,
3.4
2.5
—
5,019,665
2,720,054
8,751,368*
15,613,331
cities).
722,652
'
Fourth Federal
Reserve District—Cleveland'
3.3
726,743.824
——
:
„
$9,146,645,605
989,000,000
.
(li
922,045
920,625
3,068,796
1947
$8,844,704,925
—1
;
Jersey—Trenton—
Total
Week Ended Dec. 18
New York
ware—Wilmington
1.449,353
1,020,816
'
2,620,429
4,295,620
x——
$
0.6
+
—
3,675,206
5,102,690
L—-
-x
York
Dele
..
3,503,123
903,000,000
880,000,000
2,722,650
1945
$
+ 15.3
1,147,279
III
L—
1946
%
—13.0.
1,085,791
1,153,616
——
—
$17,095,055,991
1,236,152
1,251,694
I.
or
'
3,383,518
Chester——
weekly
Inc.
Dec.
■
1,075,580
—.
Lancaster
to
$
adclphia—
District—Philadelphia
Pennsylvania—Altoona
possible
1947
s
ago.
Saturday, Dec, 18 clearings
is
corresponding week last
total stands at
$16,894,373,306 against
At this center there
is a loss for
Comparative
ended
which
below those of the
with
telegraphic advices from the chief
upon
from
compared
47
Week Ended Dec. 11
12,177,647
+
0.9
11,124,377
14,292,048
8,100,875
12,191,175
+ 17.2
10,024,208
..1
9,755,524
646,805
44,133,524
51,527,553
7,308,563,876
745,619
♦
43,265,096
51,121,333
7,630,829,262
—
1,680,648
1,352,600
4.2
7,529,576,038
8,239,785,277
0.9
19,762,003
17,013,474
707,791
736,094
2,0
43,018,548
34,060,134
0.8
50,713,278
+
—
4.2
7,"771,944,587
52,060,963
6.4
5.1
46,919,287
9,273,276
San Jose
Santa Barbara
Stockton.
Total
11,017,902
5.3
9,095,950
0.9
386,319,294
12,344,141
8,446,110
417,053,272
11,623,010
4,624,334
9,832,441
7.4
389,112,400
12,475,678
4,405,028
736,568,219
IIIZIZ.
—'1111
.——HI
HI
Francisco..
9,175,617
10,533,081
San
764,205,826
—
4,731,143
—
(10 cities).
Grand Total
(lil cities).
Outside
York
"Estimated.
included
JNot stated
in
totals.
13,981,907,384
14,333,067,021
6,915,025,221
New
tNot
8,441,229,338
._IIIIHI
Beach
Pasadena
+ 13.6
+
California—Long
100,674,934
3,435,492
140,118,188
57,635,056
11,601,273
6,952,680,102
6.2
2.3
80,442,273
3,609,806
81,229,471
38,781,154
11,163,702
7,092,354
372,583,162
8,347,602
3,634,194
7.1
—
—
—
8,007,363
6,564,929
3.6
674,416,754
613,448,647
2.5
14,035,759,011
0.5
6,506,182,973
13,790,077,910 '•
5,550,292,633
48
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2580)
Monday, December 20, 1948
REDEMPTION
PARTIAL
Foreign Exchange Rates
Company and Issue—
•
Date
...
Algoma Central Terminals, Ltd.—'
5% 1st mortgage deb. stock and bonds, due 1959—Dec 31
Appalachian Electric Power Co., 4.50% pfd, stock
Jan
3
Bolivia Ry., 5% mtge. & collat. trust inc. bds., ser. A
Jan
l
Bush Terminal Buildings Co.—
,
1st mortgage 50-year bonds, due I960-.—Jan 14
Chicago' & Western Indiana RR.—
1st. and refunding mortgage 4'As, series D, due 1962—Mar
1
Chilean Nitrate & Iodine Salos Corp.—
...
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal
to the Secretary of the Treasury the buying rate for cable transfers on the different
give below
Reserve Bank certifies daily
countries of the world. We
record for the week just passed:
a
.
page
.
.
1477
2318
2222
,
FOREIGN
CERTIFIED
RATES
EXCHANGE
DEC.
10,
DEC.
TO
1948
Value
Country and Monetary Unit
Cable
for
Transfers
York
New
in
5%. sterling income
Compania Salitrera de
Dec; 15
l;'.
•'-Dec. 14
Dec. 13
.297733"'"
.297733°
.251247°
.200000°
.200000*
3.212313
3.212313
.022845
.022848
.022848
.022848
.054406
.054406
.054406
.054406
Closed
dollar—
1.000000
1.000000
.922500
.923750
.924375
.020060
.020060
.020060
korunai
Denmark, krone___
Czechoslovakia,
—
"
4.031484
——
Closed
.208535
.208535
4.031484
4.031484
.004671°
.004671°
.003162°
Mexico,
peso—
'
.301678
.301678
—
.375762
.375787
.375787
.091324
.091324
.278228
.233629
4.007500
4.007500
4,007500
4.007500
__
.658300°t
,658300°t
.588223°+
.588223° t
of
•561799°t
,561799°t
,531909°t
•531909°t
.531909°t
+
231,049
advances—
266,593
Industrial loans
+
—
1,543,260
+
2,232
52,175
—
1,491,085
+
3,268
19,058
—
132,879
Acceptances purchased—il,—
98,178
+
3,597
12
—
•
securities:
member banks, and
5,127,866
+
••
109,000
25,000
—
+
2,867
—
667,800
S. Govt. securities-
22,993,388
Total
R.
loans
securities-
and
1,336,091
+
10,127
Notes
Uncollected
other
of
$37,000,000 in the Atlanta District.
+
+ 1
assets
+
143.-760
„
assets-————
—
50,354,695
+
14,300
—r
16
—"
1,005
Dec. 8,
S.
—
87,391
+
51,583
798,259
+
2,704,847
v
and Investments^—total-———
Loans—net
—
—
Loans—grosstCommercial, Industrial,
28,829
Treasurer
Foreign
.Other.—
—
acct.
acct.
gen.
—
+
462,722
—
+
+
—
570,479
19,245
11,175
+
to
S,
brokers
61,720
18,526
-——*
or
Total
deposits^
22,398.240
2,930,511
15,025
liab., incl. accrued divs.
Total
liabilities———
+
145,853
+
+
.
-
676,478
—
*7.676
1,868
—
dealers
and
7,767
49.553,107
+
791,634
+
2,621,373
200,805
+
5.758
448,189
+
8,366
27,543
+
1948
S.
25,202
25,453
+
15,459
*—
+
125,051
"■+
50,354,695
518
6,107
798,259
+
2,704,847
.
Ratio
,
of
serves,
note
gold certificate
to deposit and F.
loans
loans
Government
——-———
495
+
—!——
-—
i
.—.
liability on
purchased for foreign
•
,
R.
■
trial
203
487
4,052
+
+
+
195
—
,
3,920
securities—total-:——— 33,179
+
.2,199
4,428
1.697
+
—
—
+
—
+
24,855
Other securities
:
4,177
Reserve with Federal Reserve Banks
14,418
Cash in vault—
——-—_—880
Balances with domestic banks—
2,103
8.
+
bonds
+
—
—
+
—
—_
make
—:
49.3%
0,1%
+
0.5 %
;
,.;+■■
1,483
+
+
110
109
+
+
1,859
1,983
47
—
68
+
Dec.
135
28
+
+
214
5
12
8
23
12
104
—
+
~i*.
+
—
93
30
9
+
+
principal changes for the week
of $163,000,000
in loans to
brokers and dealers and $243,000,000 in demand deposits
adjusted, and a decrease of $364,000,000 in U. S. Government deposits.
i
■
industrial and agricultural loans de¬
$63,000,000 in New York City and $68,000,000 at
all reporting member banks, and increased $26,000,000
Commercial,
the
San
Francisco
District.
Lpans ,to brokers
purchasing
during
The
and
U.
week——
—
—
we
Then
+
—
—
—
+
+
+
+
—
+
—
,
Co,
Insurance
986
407
(Hartford)
i
Fund,
Fuel
Corp,
&
(quar.).
Iron
gold bonds, due 1952:
—Dec 27
Page
2120
1954——Jan
.V
.
.
—T.
*r
^
,
....
Wow
-S
fc-S-
f
1
1
-
.
4-
543
548
2231
12-15
1-5
1- 7
12-23
12-24
12-22
12-10
12-15
1-3
12-27
12-29
12-20
12-28
1
12-20
12-18
1-1
1- 5
12-11
1- 5
12-17
12-11
12-17
1-15
12-31
1-15
12-31
1-1
12-20
12-22
1- 1
1-1
12-23
-
—
Cast Iron
Pipe 6%
12-21
12-17
12-15\
1-3
,12-15
12-31
(annual)———
$1
1-14
American
Sugar Refining (year-end)—,—
Telephone (Abilene, Kan.)—
$4
2- 2
1-15
1-15
12-31
12-28
12-14
American
Ltd,
12-29
12-10
12-23
Mail Line
;
—
$1.25
15c
American
—-—
30c
preferred (quar,)
Anchor Hocking Glass Corp.,
$4 preferred (quar.)——
(increased)—
Cotton
.
Atlas
City Sewerage
Thrift.Plan, 7%
Auto Sales
Auto-Soler
Backstay
Welt
Co.
Bancohio
Corp.
(N.
12-23
12-15
—,
_7c
12-29
12-15
l-%.
7c
12-22
12-15
I2V2C
1- 7
12-24
37'/2c
Bankers
Securities
Corp.—
participating'preferred
12-24
12-10
11-24
12-29
12-18
$3.50
—
7
12-20
12-15
12-23
5c
—
Insurance
1-
25c
50c
20c
——
(special)
& Fifth • Avenue
Life
12-14
12-20
> 3
12-24"
*12-18
Bank
Y.)
Bankers Natioaal
6-23
6-23
1-3
3-23
1^ 3
(quar.)
York
6-30
1-3
^
of New
12-21
12-28
(quar.)—
—
——
Bank of Yorktown (N/Y.) v(quar.)__1——
Extra
1
1!
^,."6%
'
(qua*.
Show
12-27
1-2
3-31
6-30
25c
Corp
Radio
1-10
$5
$1
$1
1-6
20c
1——
Building
Baltimore
12-23
12-23
17'/2c
(s-a)
Extra
Bagley
1^ 1
(quar.)—.—
Company (irreg.)
Company
.
(quar.)
pfd.
12-30
$1.50
——
Mills, common (extra)(quar.)
.•
Common (quar.)
—:
—
6%
preferred (s-a)
Arrow-Hart & Hegeman Electric Co.—
Arundel Corporation (quar.)
———
12-14
$3
common.
Common
3
10c
$1.25
50C
$1
com._
$5 prior
Atlantic
1-
2-15
2- 1
12-30
15c
—.—
& Smelting Co.,
Zinc, Lead
•
.
12-15
$1
Bank
Date
1
1-20
25c
20c
—
preferred (quar.).;
—
American Wringer Co., common (extra)
'
1-
American
20,906
'
I
7c
.-
(quar.)
1-
20c
—
Holders
Payable of Bee.
40c
—
187'
Union
.
(quar.)
Inc...——_——
Mfg.
When
Share
,
—
671
52
84
TENDER
are:
pfd. (s-a)
$3
American Coach & Body—75c
American Dairies, Inc., common
(quar.)
25c
7%
preferred (quar.)_
$1.75
American Dredging Co. (s-a)$1
American Felt Co., common (quar.)—.—.—
75c
6% preferred (quar.)
$1.50
Extra
1
Jan
Special interest notes; (unattached,., to bonds!T&ylo r-Wha rtontiron
Steel'Co. ^common stock--—__Jan
*
week
5%
Mortgage Corp.—
20-year collateral trust bonds, series A,-due
»,
this
—
.
3
11
1.12
announced
Extra
National
rec¬
Department" in the week when
Super Markets, common..
—
25c
preferred (quar.)
1—1——1—
—
$1.50
Realty Co. 25c ser. A pfd. (s-a)„
I2V2C
Allied Chemical & Dye (year-end)——!
$3
American Aggregates Corp., common—..
50c
5% preferred (quar.)—
1
$1.25
American Air Filter Co., Inc., com. (quar.).
25c
$7 preferred (quar.)——
—$1.75
American Asphalt Roof Corp. <quar.)__
25c
stocks called for Redemption,
including those called under sinking fund provisions.
The date indicates^the redemption or last date for mak- *
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
Illinois Central RR., 4%
paid. Further details and
6%
1,145
common
.
second table in
a
previously announced, but
Alliance
Notices
Company and Issue—:
follow with
we
show the dividends
Albeis
Below will be found a list of corporate bonds, notes,
OF
5
Per
Alabama
Redemption Galls and Sinking Fund
NOTICE
$3 lot
grouped in two separate tables.
are
Investment News
Arcade
and
$3lot
$2 lot
$21ot
—
Huntingdon Corp. (par $100)—
Hall Organ Company (par $100).
Angerman Company
preferred
2c»
(par
In the
bring together all the dividends announced the
we
..
accounts,
Govt,
8.
—
The Print Club, 1st mortgage 5s, 1/1/48—^-$3.25 per $100 unit
Ainsworth
tBeginning June 30, 1948, individual loan items are reported gross,
i.e., before deduction of valuation reserves, instead of net as previ¬
ously reported, Year-ago figures have been adjusted to a gross basis.
or
ing other securities increased $48,000,000- in* New Ybfk
The
18
Affiliated
5,485
.56
1,929
2
260
—
156
68
82
—
««,
*
23
Corporation
Extra
215
23
627
96
483
4,385
1,089
1,156
—
+
+
;
—
and
carrying United States Gov¬
ernment securities increased $133,000,000; iii New York
City and $135,000,000 at all reporting member banks.
Loans to brokers and dealers for purchasing or carrydealers for
167.
$ per share
..—
Name of Company
Increases
creased
in
2271
§Vol.
Philadelphia
Plainfield, N. J.—
Inc., common——
I
74
—
32
14
9,002
Foreign banks
—.—1,426;
Borrowings
—;——
261
Debits to demand deposit accounts, except
banks
following
8:
27
919
243
48
—364
838
1,677
The condition statement of weekly reporting member
banks of the Federal Reserve System in leading cities
the
Zy-vo
and
Condition Statement of Member Banks
ended
165.
Brown,
Common
6,062
—Deo
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
indus¬
loans
shows
300
Bank,
&
which have not yet been
1947
deposits adjusted
47,584
deposits, except Government.;
—
14,844
U. 8. Government deposits..———
984
Interbank demand deposits:
Time
Interbank
.3,361
National
V."anamaker
which
Liabilities-
»
cor-
First
115
American
—
—
to
.
bills
respondents
Commitments
•
25
•
Aetna
—
bills
—
Treasury certificates of indebtedness——
Treasury notes
————
Domestic
re-
liabilities' combined
Contingent
...
fVol.
STOCKS
*
The- dividends
+
Demand
Total liabilities & cap. accts.
166.
declared.
642
securities—-,—-——
estate
Other
tJ.
69,262
+
v
current week.
88
+
or
(in millions of dollars)
62,558
+
228
•»— 2,582
—
.
Capital paid in__
Surplus (Section 7)_;
Surplus (Section 13b)
Other capital accounts—
!_-__•.
tVol.
issue.
DIVIDENDS
pur¬
Treasury
U.
Capital Accounts-
for
obligations.
securities 1
Other
3,250,392
■
_—
this
X260
by Jenks, Kirkland; &• Co.,
Wednesday, Dec. 15:
carrying:
Loans to banks
Deferred availability items-
—_
Other loans for purchasing or carrying:
U. S. Government obligations—_
Real
Other
-—__r
-
Government
Other
2,853,888
353,310
—
708,262
'
531,160
a—I
——
+
20,435,147
969,211
in
2123
.Anytime
—
1
;
Dividends
and agricultural
—.
chasing
613,576
—
U.
bank—reserve
§1591
$5,000
Dec. 10,
Dec. 1,
1948
Assets—
Loans
.
Member
U.
24,209,331
2328
1
first
9,081
257,459
,011,878
Loans
notes
12004
—
convertible preferred stock;
BONDS
Dec. (—) Since
Liabilities—
Federal. Reserve
2010
2122
.Any time
bonds, due 1949.;
1
14
1
on
'
46
+
loans
Deposits:
2327
,
—Jan
Shares
member banks follows:
'
Total
1257
—Dec 31
—
iieRon Sales
of the assets and liabilities of reporting
summary
,
32,279
Anytime
—.
20-year collateral trust bonds, series A, due 1954- —Jan
Brunswick Power Co.,
1st preferred stock-!
— -Uan
York Gas & Electric Light, Heat & Power Co.
$112,000,000 at all reporting member banks.
1,430,660
t—•
3,588-,603
.
2226
2326
•
'
49
138,164
banks—
items
Bank premises—'—
Other
*
+
143,043
23,260,869
foreign banks—i—
l
—Dec 27
bonds, due 1949—-—
7% preferred stock.:
City and $3,000,000 at all reporting
inc. (+)
Due from
—Apr
-
stock—.—
Mortgage Corp.—
Borrowings increased $149,000,000 in New York City
and
9,708,627
+
A
—
1901
Transacted
member
banks; and increased $38,000,000 in the St. Louis District
950,486
—
+
11,112,453
—
*
1
Ltd.,
Cottons,
Union
•Announcement
deposits adjusted increased $67,000,000 in the
City District, $41,000,000 in New York City, and
New York
—6,754,250
71,006
813,950
5,939.119
—
mortgage 6%
UVol. 164. ;
$39,000,000 in the San Francisco District., Time deposits %
$36,000,000 in Chicago and $48,000,000 at all
reporting member banks.
United States Government
deposits decreased in all districts.
Demand deposits
credited to domestic banks decreased $128,000,000 in
and
Bills
1
1949-1964.
Tennessee Coal, Iron & RR. Co.—
General mortgage 5s, due 1951—.
Wacker; Corp., class B preferred stock.!
Demand
Kansas
$
37
888
—
Certificates
City and $28,000,000 at all reporting
decreased $24,000,000 in Chicago.
1947
769
22,959,922
—
due
banks, and decreased $34,000,000 in the Phila¬
delphia District. Holdings of United States Government
bonds increased $32,000,000.
», ■
630,492
bonds
Purchase money 4%
increased
—
——
4%
Ohio Power Co., 6% debenture bonds, due 2024— :—Jun
Pacific Portland Cement Co., preferred stock
—Jan
Dec. 17,
3,001
—-
,
__Jan
1950—— —Jan
Lake
Ohio Leather Co., 5%
$
R.
Total gold ctf. reservescash
F.
;
of Treasury bills increased $47,000,000 in
the Kansas City District and $93,000,000 at all reporting
1948
22,329,430
—
F.
t2410
112142
New
.531909*t
.
$'■
certificates——,
fund for
1477
1
.Anytime
5s, due 1951
bonds, due 1955
member
dollars)
J948
Redemption
l
New
•561799°t
*
r
Holdings
Dec. 8,
Assets-
Total U.
,658300*t
.588223*+
i561799°t
,531909®t
—
—
1st
National
.588223*t
,588223°f
,561799°f
—Jan
1955
mtge.
1st
debenture
50-year
Salt
mortgage
Montreal
.658300*+
..658300°t
due
Rational Sash Weight Corp.—
.233629
Closed'
Co.,
$1.20 convertible preferred
.278228
.233629
series F,
Longines-Wittnauer Watch Co., Inc.—
.091324
.278228
decrease (—) since
Bonds
.040325
.040321
.233629
—-—
——
Dec. 15,.
S. Govt,
.201580
.040325
Power
6%
Co.,
2%-3»/2%
.3,991542
.278228
Increase ( + ) or
U.
*
.091324
•
4.007500
—
—
—
thousands
(In
CALLED
Ry.—
bonds, series A, due
La Cooperative Federee de Quebec—
(Application depends upon type of merchandise.
Other
Electric
1st
.922500
.921875
.233629
Reserve Banks Combined
and
1
.278228
.091324
—
Statement of Condition of the 12 Federal
Discounts
Cuba
1.000000
.201580
.040325
.040321
—
-j
.
convertible, notes,
Butte
.375887
■.
2326
Appalachian Power Co., 6% dobs., series A, due 2024. —July
.145299
.201580
.201580
.201580
_
notes
page
ISSUE
*
2328
W. Paper Co., Inc.—
6%
.301678
•
3.991542
3.991542
3.991542
Closed.
3.991542
—
—t
.921250
.920000
.918750
Zealand,
pound
1
Norway, krone—
—
Fortugal,
escudo^
Spain, peseta—_
Bweden, krona
———
Switzerland, franc——
Union of South Africa, pound
Uruguay-, peso-*.-.
Uruguay, peso——
Uruguay, peso
Uruguay, peso
:
.
+
1.000000
1.000000
.COOOOO
1
1.000000
—
—
♦Nominal rate.
Uate
A. P.
Denver ,&
Official
Gold
V
.145243 •
.375700
1-
——
.003140°
.145243
,
Newfoundland, dollar-
New
2331
ENTIRE
,004671°
.145242 '
.301678
,
.301678
+.—
—v
guilder——
Netherlands,
i
of, rupee——
■>.
.145229
•
dominion
India,
.004671°
.003154°
.003148°
.004671°
.003154°
2324
2330
Company and Issue—
France"(Metropolitan), franc—
2323
"
1
4.031484
.
"1
.——Dec 31
r
debentures, due 1967—Jan
3%
.208535
.208535
4.031484
.208535
sterling
pound
.
2429
Union Oil Co. of California,
.020060
1
—Jan
2117
7
(John J.), Inc., sinking fund 3% notes
Jan
1
Park-Lexington Corp.—
1st mortgage leasehold bonds, due -1964
———Dec 31
Pennsylvania Water & Power Co.— ,,
1
Refunding mtge. & collat. trust 3'A % bds., due 1970-Dec 31
Tampa Electric Co., 1st mortgage 3% bonds, due 1978—Jan
T
.925000
.020060
:
1961——1
2321
2
Nosbitt
1.000000
.000000
.921250
1.000000
Official
due
bonds,
*
2320
Dec 31
;
General American Transportation Corp.—
$4.25 preferred 'stock,, series A_.
.200000*
3.212313
.054406
—
1st'mortgage 3'A%
.251247*
3.212313
.022840
'Free
Bngland,
.297733°
•
.200000°
•
debentures
Taiapaca y Antofagasta—
20-year 5% serial debentures, due 1968:
_Jan
Cooper-Bessemer Corp., prior preference stock—-——Jan
Eastern ;New > York Power. Corp,—.;
*
,
$
.251247°
.251247°
.200000"'
3.212313
Australia, pound—
Belgium,
iranc
Brazil, cruzeiro
Canada,
*
.297733°
•
.297733°"
■-
Dec. 16
$
$
"■
.251247"!
-
1930
ACT -OF
TARIFF
.
$
II
UNDER
TREASURY
in United States Money
Dec. 11
Dec. 10
Argentina, peso—
For
"regular"; products
:——
For "non-regular" products
——_
; For certain industrial products-—-———
TO
INCLUSIVE
1948,
16,
Rate
Buying
Noon
BANK
RESERVE
FEDERAL
BY
(stk. div.)
75c
-
50c
25%
1-3
12-17
1-
3
12-17
12-23
12-10
Volume
Number 4761
168
THE
Per
Name
Barker
of Company
Share
,
(quar.)
Corp., common
Extra
Oil
Extra
Co.
.
Beaton
&
Home
Special
'Bessemer
Co.,
Inc.
Birtman
12-21
37 %c
1-11
12-28
Electric,
preferred
$1.30
Ltd.,
Co.,
preferred
(T.
Brinks,
G.)
Inc.
British
&
1
12-20
12-20
1-
12-15
1
1
12-15
1-
3
12-18
$1.50
1-
3
12-17
Distillers
12-30
12-20
$12Vic
2-15
1-31
~$ 12Vic
common—
1-15
12-20
American
Domestic
4%%
Dominion
Drexel
12-31
Investing Corp.
(Payment in stock
Brooklyn
Trust
Co.
12-21
12-10
8%
2-25
(s-a)
preferred
Extra
6%
___.
Buffalo
Building, 7%
preferred
Corp., 6% preferred (s-a)
_
4%%
12-31
Easy Washing
1-15
12-28
(quar.)___
12-28
12-28
12-27
12-17
1-1
12-20
preferred (quar.)______
Oregon Power Co., commonpreferred (quar.)
6% preferred (quar.);
$4.70 preferred
(quar.)
12-28
12-17
Employees
Class
Elder
Manufacturing
Co.,
(quar.)__
Canada
Varnish
Assurance
Co.,
3
3
4%
12-16
12-31
Equity
12-31
Erwin
preferred
Canadian
(Max)
Class
12-27
12-15
12-27
12-15
12-15
Pacific
3
12-31
1
12-20
Fidelity-Phcenix
$22%c
1-31
First
12-31
B
Class
The
(year-end)
above
its
meet
,
$$1.75
charter
2-
Fort
1
1-10
91c
12-27
12-20
preferred
Carbons
assets
23 3/10c
12-27
12-20
5%
to
preferred
B
Ltd.
Sugar
12-10
Fulton
12-14
Galveston-Houston
12-14
General American
4.75%
pfd.
(quar.)__.
Central States Electric,
preferred
B
(accum.)—.
6%
preferred
C
(quar.)—
Chemical
Fund, Inc. (year-end)
Chesapeake Corp. of Virginia (year-end)
Chicago Burlington & Quincy RR.—
,
&
4%%
&
Electric
Investing Co.,
(D.
5%%
convertible
Class
Bottling
A
Extra
Collateral
Loan
Columbia
Columbia
Columbus
Combined
5%
&
common
Consolidated
Canada
<quar.)__
(N.
(Boston)
Consolidated
Continental
—
Y.)
12-28
12-18
Ohio
Trust-
preferred
of
2-10
1-
3
43%c
12-31
12-15
12-31
12-15
12-31
12-15
62'/2c
12-31
12-18
12-28
33V2C
12-28
75c
1-
3
General
Giant
Art
Gladding
Globe
Co.
12-17
35c
2-15
12-20
A
Gorton-Pew
Pumps,
preferred
Y.)
(quar.)
&
Grayson-Robiftedh
$2.25
Great
12-30
12-15
12-15
common
(initial)
quar.)__
12-27
12-15
12-27
Lakes
12-23
12-17
$1
1-10
1-10
1-15
12-10
1-15
12-10
Bros.
a,-
Towing, .7%
Griess
3
12-22
12-15
Gulf,
12-17
Hamilton
1-15
12-20
Hartford
12-20
12-27
A
(quar.)
Guenther
of
New
Publishing
Mobile
&
Gas
Ohio
Corp.
Schaffner
Fire
Co
Jersey,
&
Hendershot
Co.
(year-end)
(liquidating)
Marx
12-17
Hoe
12-16
11-
Home
;
50c
12-20
12-10
____
13%c
1-
12-15
12-20
12-13
12-20
12-13
Home, Insurance
12-10
Honeymead
12-16
12-27
12-20
12-16
2-
1
12-22
1-15
12-17
12-28
12-21
12-22
12-22
12-15
1-
3
12-15
1-15
12-27
75c
12-28
12-17
1-14
12-24
1-
12-14
1-
3
Products,
Ltd
Corp.
(reduced)
Co., Ltd.
Co.
Products
(N.
3
12-14
12.-27
12-20
1-15
12-28
1-
12-20
$25c
___
5c
62 %c
3
1-25
1-
3
1-10
12-20
$1
12-22
12-15
$1
1-15
;12-31
(Hawaii)—
Y.)
(quar.)
(s-a)
$1
65c
12-15
2-
1
12-30
9
25c
12-24
12-
»
10c
;
preferred
12-24
12-
9
12-24
12-
4
Mfg.
Co.
$2
1
12-33
12-14
34%c
(quar.)_
1-
1
1-
$6
3
12-20
$4.50
12-33
12-15
12-
8
$1.50
(year-end)
1-
3
12-15
$2
—_
1-
3
12-15
12-21
12-14
50c
Gas & Electric—
&
(quar.)
Forbes,
&
(year-end)-
common
stock
12-28
12-ia
25c
(quar.)—
1-15
1-15
25c
———
common
12-20
12-20
12-*ft
12-^0
30c
1-
2
12-1&.
60c
1-
3
12-22
1-22
12-29
.
(special)—
Trust
/_
10c
(N.
Y.)
12-22
12-13k
10c
(quar.)_
;
12-22
12-*3
30c,
——.
Co.
12-20
12-13
30c
(quar.)
__£
Co.,
(resumed)
common
12-20
12-13
20c
12-30
12-10
75c
common
Casualty
1-14
12-31
12-W
$1
$1.50
(special)—.
preferred
1
50c
Rubber,
participating
Midland
2-
$1.06V4
—
Mills,
1-
12-21
$1.50
(year-end)
common
Bancorporation—
12-30
12-10,
25c
12-31
12-20
12-31
12-20
12-20
Massachusetts Northeastern Transportation—
Quarterly
,____
Factor -see Factor (Max)>
•, ,V>
15c
12-15
McBee Company^ common
10c
preferred
preferred (s-a)
(s-a)
—
Max
(quar.)
1-
12- 9
12-15
-
6%
preferred
5%%
(quaj'.l-u—.... $1.50
(quar.)__j:———.,$i,37%
Electric
Medusa
Co.
Portland
(year-end)—
Cement
Merchants
Acceptance
Merchants
Bank
of
—
States
West
$10
Co.,
Minnesota
Power
Ontario
Co.
&
Light,
5%
pfd.
(quar.)_
preferred
common
(quar.)
Co.
Investment
Aviation
National
Bronx
Fuel
Fund
Gas
Co.
(reduced)
Orleans
will
be
&
made
in
Co.
$4.25
tquar.)—
12-
9
1-
3
5%
1st
12-23
5%
2nd
Niagara
J.)
Service,
(quar.)
Service,
(quar.)
Hudson
A
1-
1
12-20
12-24
1-20
50c
1-17
12-24
12-14
12-31
12-15;
12-27
12-15
12-29
1-
1-
5
12-22
4
12-20
12-20
12-10
1-15
12-31
12-24
12-14
12-24
12-14
1-15
25c
12-31
1-15
12-31
12-24
12-17
12-20-
12-30
15c
—
12-22
12-15
3
12-11
1-
$1.06(4
(quar.)_-—
1-
56'4c
common
$l.l83/4
•
3
12-21
1-
3
12-21
1-
3
12-21
12-27
12-17
Inc.—
$1.183/4
$6.50
Light, 3.90%
pfd.
(quar.)
1
334% »pfd.
Power
12-20
$1.50
(year-end)
Co.,
1
25c
(year-end)
Public
Power &
1-
15c
pfd.
Public
Co.
a
24c
—
Yorker Magazine—
(J.
ft
46c
Corp
Mfg.
preferred
Process
New York
New
&
preferred
4%%
New
12-
stock
a—,
Stores
Corp
Water.
Orleans
a
12-30
15c
—
(year-end):
common
Terminals
4% 7c
12-
50c
——
New
New
12-
12-15
$1.50
Manufacturers
Tile
12-23
3
3
70c
—__—
__——4——
Shares
Jersey
3
1-
10c
Y
Box
(Payment
New
12-10
1-
75c
(year-end)
of.N,
Year-end
National
1-
12-31
J20c
——
(year-end)——__
Corp.
National Investors,
National
12-31
12-aa
30c
"
Bank
Folding
National
1-20
$1.22V2
,
(extra)
Corp
National
(National
12-31
37'/2c
Line, Inc.
(year-end)
Murphy Paint Co., Ltd
cash)
12-31
1-15
11.1%
(quar.)
Munson
or
1-15
$1
15c
—
Service,
Products
Common
12-20
12- 1
1-15
25c
——
—
Morrison-Knudson
National
12-20
$1.25
(quar.)
(Kansas)
dividend
National
12-18
50c
Co
—
Mutual
12-31
$1.10
Paper
Extra
4.90%
1-10
1-27
•
Mississippi Shipping Co.
Motor
1-10
15c
(quar.)
—
&
Gas
15c
Sub¬
(quar.)
Minnesota
Stock
1-15
'12-20
12-#
10c-
common
—
Oil
1
60c
—
preferred
Mission
3
15c
(Illinois)
(quar.)_
(liquidating distribution)'
Kentucky Ut ilities common,
Corp._
Extra
12-
<
—
Telephone
of
Bakeries
Midland
12-20i,
30c
Corp.
for each two shares held.
the consent of the SEC
to
Oil
12-30
12-2®
12-49
12-2ft,
$1.10
—
—
par,
ject
12-30
12-2&.
50c
—
share
Mobile
3
1-
50c
10c
Middle
4%
12-23
35c
(quar.)
Extra
Midco
12-3-1
12-31
12-29
$1
class A_„
York
Extra
One
3
50c
—
Co
Corp.,
New
;
Michigan Gas & Electric Co., common—
4.40%
preferred (quar.)
Michigan Steel Tube Products (quar.)
Middle
1-
1-2
preferred
McGraw
Newberry
12 %C
12-
12-31
12-15
25c
.
12-24
12-27
1
50c
(quar.)
Year-end
7
12-15
1
1-
$1
Steel, Products
Insurance
1-
12-20
60c
Co.
Co., 5% prior pfd. (quar.)
Battery. Co., class A (accum.)
(R.) & Company, $4 class A (quar.)
4 9/10c
$1
12-20
50c
,t—
Hobbs
Cramp'Shipbuilding Co. (year-endi—
Company, 5%% pfd. (quar.)
12-20
12-27
12-28
$10
RR
(year-end)
(quar.)
Paper
Hercules
Cross
$1
12-27
50c
Hightstown Rug
5
1
6
50c
12-31
3
212-
20c
B
Times
Industries
12-31
1-
2-15
50c
—
class
Extra
Hartford
Hayes
12-15
$3.50
12-22
12-15
50c
_____•
Insurance
1-15
receipts
12-20
12-22
10c
(quar.)__.—
(annual)—
12-28
deposit
3
12-29
$1
Co.
20c
Co.
12-30
1-
12 %c
15c
Tanning
50c
Ltd—American
1-15
12-29
12 %c
20c
.__
$4.50
Wagon
12-20
10c
(quar.)_
1-15
12-20
12-30
40c
__.
A
12-22
12-10
12-30
0
12-24
12-22
$1.05
12-21
50c
25c
$3.50
:___
Year-end
12-23
1-15
3
$1.12'/2
(year-end)
preferred
cla^ss
Grocery Store Products
$1
1-10
Cooperage,
Pfleger
10c
12-30
1-
30c
Company
Extra
Class
20c
12-17
56]/tC
,
Works_____
B
Guaranty
1-
12-20
5%%
Co.,
(irreg.)
prior
12-18
12-18
9
12-
$1.40
(quar.)
convertible
12-18
1
25c
Extra '
Class
12-20
12-27
5
$3.50
Grief
12-14
12-20
1-
12-16
1
'
12-15
12-29
12-20
1-
_____
common...
(quar.)
Engineering
(Daniel)
3
12-31
115c
Inc.,
Steamship Co., com.
preferred
(quar.)
4%%
Green
12-20
1-
1-20
$1
Great Lakes
Lakes
12-29
1-
(quar.)__
Storejs,
preferred
12-24
12-15
12-28
$1
:___
12-27
2
$4
'
Extra
6-29
12-17
1-
$1.12%
(quar.)
Ltd. (quar.)
Toy,
7-15
50c
(year-end)
(initial
Grand
6-29
12-23
55c
$1.50
.__
Industries
4
3
12-29
$1
Inc.,
Grand
1-
1-
6-29
1-15
75c
Co.
Fisheries
5%
1
$1.25
7-15
10c
(quar.)
Co.
Goulds
1-17
50c
(N.
Mfg.
1-
1
12-29
60c
(initial)
(year-end)
class B
(annual)
preferred
$1.37%
1-
12-29
12-
12-24
52%c
.
12-17
7-15
*-
(quar.)
$4.50
12-17
3
Co.
Co.
Sugars,
Class
12-28
1-
&
Tubes
12-20
$$4.50
(reduced)
Co.
McBean
Steel
12-21
12-28
1-15
•12-1,7.
■•"
Fund
»
$2.10
■,
J50c
(quar.)i
12-23
30c
$1.12%
1-15
Second
$1.05
•>! 12-10 ^
$$2.50
Cement
Co.
Godchaux
12-21
1-3
$50c
•_
:
Portland
Gibson
Hart,
Rendering
25e
J50c
-
A_
Reinsurance Corp.
(year-end)
Telephone Corp., 4.40% pfd. (quar.)
General
N
_____;
class
3
12-VI
12-24
$4
(quar.)_
1-10
50c
20c
—
Maryland
12-24
1-
12-17
12-27
40c
Fund
Extra
12-14
12-24
12-33
12-27
$1.60
—
Initial
6%
12-14
12-22
t$2.50
B
$$1.50
Co.
(s-a)
Ltd.,
12-30
12-22
12-31
40c
preferred
Martel
12-17
20c
12-20
$1.50
Co.__
Mutual
preferred
Fully
12-24
25c >
(s-a)
1
1-15
12-24
12-30
3
$1.75
•
quar.)
(irreg.)—
Marine
12-20
t50c
5%
3-
12-13
Co.
Year-end
Covered
'
12-17
20C
(s-a)
50c
Mining & Smelting
Corp.,
;
preferred
85c
3
3
10c
(extra) -i.^__^i-_;i._i_
Mfg.
5%
$7.50
11-
20c
(quar.)__
B
Class
$$1.25
&
2nd
Products
Class
Coplay Cement Mfg. Co., 6% pfd. (accum.)_
Coronet Phosphate Co. (year-end)_
Courtauld's,
12-23
25C
1-
incorrect.
was
(increased
Typograph
Marine
12-17
1-13
$1.50
12-15
$ 12Vzc
common,
Bank
L.
.___
$1 preferred
(quar.)
preferred (quar.)____
12-31
70c
Electric-
Corp.,
12-10
$1.25
(year-end)—
(quar.)_:
(quar.)
Battdries
1-15
5c
Assn.
Y.)
Co.
12-15
$1
& Stamping (special)
Corp. (year-end)
Insurance
12-15
12-28
12-41
$1.20 conv. preferred (quar.)
Manufacturers Trust Co. of N. Y. (quar. )_„
Stock dividend (one share of common for
each nine shares held);
12-10
25c
12-43
12-23
7
Tire
12-17
10%
convertible
$1
General
Great
(quar.)
Textile
1
12-22
12-28
-
1
1
(quar.)
Maxwell & Moore
Investors, Inc.—
25c
6%c
(quar.)—
Extra
Consolidated
50c
12-31
—
(quar.)
Packers
Gas
1-
$2
15c
Co
(N.
$1.18
10c
Shearing
Ltd.
62%c
'
35c
—
(quar.)__«_
Commercial
12-18
12-15
(quar.)
;_— _—
Corp.
National
Commonwealth
12-13
12-31
62%c
Enterprises, Ltd.,
Y.)
12-23
50c
preferred
Southern
preferred
Commercial
(N.
10c
59%c
12-21
(quar.)—_
(Cincinnati)
Breweries
River
75c
-
12-10
12-10
12-33.
1-
Mansfield
,»
1
1-
—
Extra
3
1-
1-
——_______
Clock
1-
12-23
$1
Manning,
,
12-31
12-10
30c
preferred
6%
12-31
(quar.)
Oil_____^__
Paint
12-23
;
—
Bottling
Dry
12-20
(quar.)
Coca-Cola
General
General
$4
——
pfd.
L.)
Coca-Cola
1-24
Co.
Firebox
MacAndrews
12-31
tl2%c
dividend
1-12
12-29
(quar.)_,
Co..
5%%
Company
Multiplier Corp.,
Clary
pfd.
Corp.
Crude
Stock
'
12-31
*
50c
pfd.
General
.
Goodman
—
Paper,
Gas
Clark
__
Inc
Extra
Cincinnati
City
—
Co., class A (accum.)
Lumber Co. (quar,)
Chillicothe
12-15
1-24
•
1-15
—$4
_
Chicago Daily News,
Chicago Electric Mfg.
_1- 3
1-10
■
(irreg.)
12-20
+50c
X initial )___
12-4$
12-31
25c
__.—
4(4 %
12-24
1-10
$1.50
Co,, 7% pfd. (quar.)
(year-end) __T__
Luzerne County
12-17
$1.53
Bronze
1-31
55c
—
Co.
$20c
37%c
(accum.)——
General
7
37%c
—
Central Telephone Co., $2.50 pfd.
Century Shares Trust-—
Year-end
3
12-31
2%c
common
7
1-
1-12
15c
——
(liquidating)
7% pfd. A (accum.)
6%
1-
1-31
1-31
Trust
37%c
(quar.)
N.
Mill
$1
Year-end
12-14
12-20
25c
.
Co.-
3
1-31
$30c
—
(initial)—
Edison
1-
12-29
50c
—r_—
pfd.
3
$1.75
______
(reduced).
Power, 3.40%
1-
60c
(annual)
Gas,
Republic
1-
15c
12-17
15c
12-18
Central
Chicago
;
Manufacturing
12-20
__
States
12-15
;
new
6%
$1
Process (quar.)—___,
Kansas Power, 4%% pfd. (quar.)__
National Corp.
Central
12-17
Corp., 5% non-cum. pfd. (annual)
(George A.) Company (quar.)
$1
Central
Y.
___r^
Company,
$1.50
Burlap.—^1——______
Central
3
3
3
12-31
62V2C
preferred
Co. of Michigan—
Fuller
12-24
1-10
Central Franklin
Central
1-
12-27
75c
12-23
■
&
1
1-20
Extra
&
1-
12-30
(quar.).l—
preferred
12-17
s.
25c
M.) & Co. (special)
Corp., common (quar.)_____
preferred
(quar.)_______
Electric
2-10
3
Corp..
(s-a)
Ltd.,
$1.25
_____
(A.
JBag
Cos.;
:
6%
Aguirre
1
1-
$4
Frick
75c
Celotex
Co.,
13-
20c
1-
12-31
62V2c
Inc.
preferred
Lux
$20
12-15
30c
.
—:
$6
12-27
12-32
12-21
3
;
$6
3
$1.12%
(extra).
Extra
(quar.)
(quar.)
$2.50
(quar.)
Fuller
•
.
____
A
Central
Works
Transit
preferred
1-10
1-
1
1-
7%c
(quar.)
-•
Lucky Stores, Inc.,
>
preferred
Central
(N. Y.)
Building
*
•
_
-
6%
Central
$1
$1.75
1-
12-31
15c
15c
Telephone Co., 6% preferred (quar.)
Longhorn Portland Cement (year-end)___,
$6
12-20
20c
——
Ludlow
12-40
12-31
75c
Lorain
12-27
12-15
12-27
$1.50
(s-a)
Special
12-31
1-10
12-22
——
:
(quar.)
&
Stores,
Material
\
:
(quar.)
__;
(Chas.)
Extra
12-31
1-15
12-17
12-15
50c
—1
University
—i
Corp.
Loomis-Sayles
12-17
1-15
;
Luxe Brewing
Fraser
time
at
1
Consolidated
'5%
Celtic Knitting
Worth
de
12-30
50c
12-29
12Vac
(quar.)
Special
12-23
common,
Frink
requirements
(quar.)lv.
A
Carolina, Clinchfield & Ohio Ry. Co.
Carpenter Paper Co. (year-end)
Carthage Mills, Inc., common—
Castle
Corp.,
Bridge
3
12 %c
(quar.)
& Light Co., 4%%
preferred
Dairies, Inc., common (quar.)___
preferred
(quar.)__
Street
Fox
of: payment.
$3
Co.
Power
Pitt
1-
12-29
12-29
40c
(increased)——
1_
preferred
Extra
12-23
$1
Insurance
:__
12-31
Fort
3
25c
(N. Y.) (quar.)
1-
12-15
12-17
12-17
7'/2c
•
j
(quar.)
common
Loomis-Sayles
6
40c
(quar.)
(s-a)
41st
__
sufficient
Jersey
12-15
12-30
$5
;
*.
Locomotive
12-27
12-
12~1§
12-15
12-29
C>
(K
(year-end)_____
Co.
Extra
12-27
12-31
40c
Fire
preferred
the
to
of New
3V2%
6%
l
subject
are
having
Co.
12-23
1-13
Line
12-10
12-17
12-30
12-10
$1.50
—
(year-end)
Payment shown last week
Leich
12-21
12-20
12-31
12-31
37 %c
Inc.
Co.
Co.,
Lincoln
12-10
12-31
60c
Foremost
__.
payments
corporation
10c
_:
First National Bank
(year-end)
America—^.
1
1-15
12-23
1-21
8IV4C
]
R.i,
Extra
12-23
12-24
common
2-
$$1.12%
1
1-
5c
&
$2.50
12-23
;
(irreg.)
A
Florida
1
$1
of
Class
1
1-
12-15
12-31
12-30
12-21*
$1.75
Company
Lehman
12-23
40c
12-21
12-27
shares
1
Year-end
Leath
12-14
1
1-15
$2
10c
Extension
Salle
Lane
12-14
1-
$$1
—_
(quar.)
Tool Corp., 6% pfd.
Telephone Co. (quar.)
12-24
8
12-29
12-29
40c
common
Bank & Trust Co.
Boston
1-
10c
(quar.)_
common
Extra
'
1-15
2%
75c
(year-end)
12-15
12c
La
12-15
(quar._
12-30
87%c
Kut-Kwick
12-20
12-23
75c
3
1-
12-31
50c
(accum.)
LaCrosse
#
12-23
75c
Co.—
Mtge.
City Title & Insurance
Company
12-21
$1.25
&
preferred
(G.
12-23
1-
1
(year-end)_'___
.
A
12-30
12-17
5c
Drug
12-23
12-30
12-31*
1-15
Company, 6% 1st preferred
Kuppenheimer (B.) Co. (s-a)___
12-23
25c
■.
_-___
1-
t$1.75
pound sterling)
'
Canadian Refractories,, Ltd.—
4Vi% 1st preferred (quar.)
Canadian Vickers, Ltd., $7 pld. (accum.).
Capital Administration Co., Ltd.—
A
Insurance
1-
1-15
Co.
12-30
12-30
10c
Co.,
Year-end
(s-a)
25c
25c
1-15
12-27
Kroger
12-10
■
Founders
Knapp-Monarch
12-10
12-20
Bros.,
Kirsch
12-20
12-20
25c
Gas
Y.)
Special
12-15
Co.—
Ry.
preferred
12-28
(quar.)
__
(quar.)__i^_
Co.
$31 Vic
„_
A
(quar.)_
(quar.)
Bearing
Federation
t$1.50
Co.
Co.
&
t$5
(quar.)
non-cum.
A
Fafnir
Federal
.___
$2
$1.50
12-20
12-20
25c
Year-end
——
—
$1.50
(quar.)__
Factor
12-27
_
Co.
Kinsel
12-15
12-15
3
50c
Ironer
Kinney
12-15
$6.14
3
Kelley Island Lime & Transportation Co.—
12-22
12-17
Co
cl.
7%
12-20
12-17
11-
$1.50
Milling Co., 4% pfd.
Hosiery Mills (extra)
Non-voting
12-30
12-27
12-17
semi-annual
Mutual, Inc. (quar.)
Co., 6%% pfd. B
preferred A (accum.)-,,
Kansas
1-31
1-14
1
Extra
12-10
1
10c
Mills
12-31
25c
2-
10c
!
Inc.
1-15
i (Payable in
Class
Fund,
Cotton
$1.17%
(quar.)
Corp.,
Corp.,
Insurance
12-27
12-20
1-
50c
Jenkins
5
12-23
25c
A
•.
preferred
1-20
1-15
15c
pfd.
1-
12-22
25c
(quar.)_
class
Johnson
Extra
12-16
25c
——
4%
1-
15c
5%
'12-15
1-15
(year-end)
Excess
(quar.)
Ltd.,
1-15
____
_
(N.
Credit,
B
12-31
Canadian Fairbanks-Morse Co., Ltd.—•
6%
preferred (quar.)_
Canadian Industries, common (year-end).__
class
Battery
1-15
_
Life
12-15
3
12-17
$1.25
$$1
Electric
7%
1-24
3
(extra)___
(quar.)
Transportation
Consolidated
• $1.50
——
Extra
Canada
7%
1-
—_
B
1
1-
(quar.)________;
Storage
Class
12-20
(quar.)_
common
Extra
Class
2-
t$3
130C
:
B
Electric
40c
_____
3-
31 %c
30c
Supply
Inc.
Manufacturing
$1.75
7%
&
Talc
Empire Trust Co.
28VeC
convertible
7%%
12-28
31V4C
._
(interim)
1
Investors
12-17
25c
1-15
1-15
1
3
20c
Extra
1-
1-
1-
$12V/2C
International
12-17
u a
$1
■___
Interstate
Iowa
$3.37%
12-10
1-15
Extra
12-24
12-27
12-10
12-20
America—
Investors, Inc
Inter-County Title Guaranty
12-24
4Uc
(quar.)
Machine
1-15
$1.50
2
2
12-2Q
12-20
37 '/2c
(quar.)__
12-31
l'/jc
2V2C
North
Extra
12-15
1-
1-
t50c
„
Endicott
preferred
C.
N.
$4.50
...
California
Camp
W.
Magnesia
1
Manufacturing—
non-cum.
&
Elizabeth
Burnham
5%
T.
Eastern
90c
____■
12-20
12-2#
12-2&
(quar.).
of
12-21
12-31
$1.50
_•
Fund
(quar.)
Co.
3
12-31
Interbanc
12-16
5c
Ltd
Razor,
50c
_____
1
A
1-
30c
common
(quar.)
preferred
Increased
12-16
15c
;__
(s-a)
4%
12-21
1-
Co.,
Holder4
Payable of
$2
0.-4.
Insurance
12-17
3
15c
(quar.)
Metals
15c
___
1-
$1.25
participating conv. preferred
Liquidating Co. (liquidating)-.:
S.
E.
2-10
1-
12-28
12-29
25c
Non-cum.
E.
12-21
1
25c
$1.75
iquar.)___
20%
Foundation
Class
12-10
12-10
20c
International,
3Vic
.1
(quar,)
3
12-15
12-31
(quar.)
Ltd.
Bradstreet
10c
2%c
Corp.___
Electric Corp.—
preierred
Bulkley
(quar.)l
__
(quar.)
Niagara
3.60%
1-
$1.50
__________
_
National
Buffalo
12-14
3-
12-31
12-31
.__
ordinary
Corp.,
Co.,
Durham-Enaers
12-14
12-24
$2.50
i__
_
B
&
Duncommun
12-15
12-24
$1.50
—
(quar.)
preferred
Paper
Manufacturing
J..)
Indianapolis Power & Light Co., com. (quar.)
4%
preferred (quar.)
5%
preferred
(quar.)
Ingersoll Machine & Tool, Ltd.—
12-31
$1.50
(N.
dividend
preferred
Ironrite
rets,
Co.
Extra
Budget Finance Plan, Inc., class A
Class
3
30c
1-17
$1.50
:
Dryden
5
55c
•"*
___■
___—__
__
1-
$60c
—
cash)___._
Brown Co., $6 preferred
(accum.)
Brush-Moore Newspapers, Inc.—
6%
(quar.)
Corp., 5% pfd. (quar.)
Insurance Co. (s-a)
Furniture
Dunhill
(year-end)
or
12-20"
25c
Co., Ltd.—
pref. (accum.)__
Extra
Dun
Street
Bridge
A
deposit
Square
12-20
12-14
1-15
1-
6%
12-20->
3
31c
class
Fire
1-15
(final)
3
—
Credit
12-30
Columbia
Special
(year-end)
Co., common
(quar.)
Dominion
|25c
deposit receipts ordinary
Electric, Ltd.—
preferred
(initial)—
Stock
Co., Ltd.—
$1.25
_________
11-
Gas
conv.
35c
(quar.)
Humphryes
Disher Steel Construction
$32Vic
(quar.)
12-18
Investments, Inc.—
Detroit International
Celanese, Ltd.—
Broad
Inc.
Fund, Inc. (extra)
Do Pinna
Co., * common..
6% preferred (quar.)
$1.25
American
British
Co.,
Delaware
U
(quar.)
Co., Ltd.
Seal
12-20
1-
12-18
25c
12-30
12-31
l
$1.70
,
60c
(quar.)
Bridgeport Gas Light Co.
arrears)
___—1
Cumberland
40c
(quar.)
(quar.)_'—_
Boston Storage Warehouse (quar.)
Bowes Co., Ltd., class A (qUar.)—:
Cordage
&
preferred
50c
_
Brant, ord
clears all
12-20
$1.05
1-
When
Share
Baking
Extra
12-30
$1.50
$1.50
12-16
Company
Hardc rt
&
Income
75c
___
Per
Name of
Corp.—
(quar.)
Year-end
12-24
1
12-20
$6
Cuban Telephone
12-24
1-
$1.50
Corp
Davenport Hosiery Mills, Inc. (year-end)
Dayton Malleable Iron Co., common,
5%
preferred
-
Corp.
Co.
(s-a)—
70c
Extra
Herald-Traveler
1-10
1-10
25c
preferred
Crown Western
12-16
15c
(s-a)
Insurance
12-2y
(quar.)__
International
Cork
6%
Holdert
Payable of Rec.
(accum.)
A
Crown
12-23
90c
(year-end)—'
Boston
1-
3
(quar.)
4.20%
Co.
Class
(2581)
Horn
preferred
(This payment
1.2-16
30c
A
When
Share
Co.—
Milner, $3 prior pfd.
Cork
Class
1-14
12-21
10c
(year-end)
(year-end)
Electric
1-28
$1
1st
non-cum,
Crown
1-14
1-28
20c
—-
:
i—
Boston
]
12-28
—
Co.
Inc.
Birmingham
f.:
12-22
$1
partip.
6%
12-24
Blackwell
&
Crowley,
12-10
1-15
20c
Blackhawk-Perry Corp.
Bush
1-12
12-15
30c
I—
_•*—
___
.
Son,
Bright
2-18
__
(quar.)
Co
Manufacturing Co.
&
12-23
,
Machine
Bird
1
5
25c
Inc
Securities
Year-end
Bird
$1
1-
—
Bickford's, Inc.
Billings & Spencpr
Binks
12-23
50c
Mfg
Appliances,
Benrus Watch
12-31
CHRONICLE
Per
Crosse
3-
-
Cadwell
FINANCIAL
Name of Company
12-23
75c
(increased)
Belden Manufacturing Co. (extra)
.:
Bell Aircraft Corp.
(year-end).!—.—
Bendix
12-31
56V4C
preferred (quar.)
Barnsdall
&
Holdert
Payable of Rec.
50c
50c
Bros.
4%%
When
COMMERCIAL
(quar.)
-
971/20
60c
9334c
$1.25
$1.25
1
1-14
12-22
12-17
2-
2-
;
1-17
2-
1
1-15
2-
I
1-15
Corp.—
preferred (qugr.)
preferred series A
(quar.)
50
(2582)
THE
When
Per
Name of Company
American
Northern
Share
•
Aviation,
Indiana
Inc
50c
Transit- (quar.).
25c
^
Northern Pacific Ry. (increased)
Northern Paper Mills, 6% pfd. (quar.)
Noxzema Chemical Co., common (s-a)
Class B
Nunn-Bush
Shoe
Co.
Oglethorpe Fund
Leather
Service
Oklahoma
Colony
Overseas
Pabst
Brewing
Car
Pacific
Gas
Pal
Co.
Strook
12-20
Sun
16c
1-10
&
12-23
12-
60c
1-31
1-15
12-23
1-31
(quar.)—.—.
1-
$2
8%
12-20
75c
12-27
12-31
12-27
Extra
7%
Company,
Texas
12-31
Textron,
62y2c
12-31
12-29
Timely
20c
1-21
$1.25
1-15
12-31
Toledo
22'/2c
12-29
12-22
75c
5% pfd. (quar.)
& Refining Co.—
&
Hudson
Corp.,
Corp.,
4J/2%
(quar.)_
pfd.
12-22
12-13
12-13
preferred
Pennsylvania
75c
(quar.)
Salt
Mfg.
Common
(voting
(non-voting
2-
1
1-14
12-27
10c
12-20
12-27
—
stock)—
preferred A
(quar.)_
$1.50
1-
3
12-28
Tuckett
Prior
preferred B
(quar.)
$1.25
1-
3
12-28
Twin
Gold
Pharis
Tire
One
Mines,
(1st
each
'
shares
will
be
Philadelphia
Company
Phoenix
Silk
(Albert)
preferred
Pictorial Paper
Package-
Pilot
Full
Royalty Co.
Fashion
Pittsfield
Plant
Coal
1st
Porland
(quar.)—___,
Gas
(quar.)
G.)
Procter
&
4'/2%
United
Gamble Co.,
United
12-23
1-
12-15
12-10
12-20
12-10
$4.50
U.
12-16
12-31
12-21
S.
&
$6
12-31
U.
12-20
United
12-27
United
S.
12-13
Vanette
Extra
-
25c
25c
8%
preferred (quar.)__
Packing Co
Raytheon Mfg. Co., $2.40 pfd.
Reardon Company, common
$1.50
Regal
preferred
Shoe
Reis
Reliable
Stores
__'
Corp.
Bros,
(H.
•.
10
7%
&
&
(quar.)
(qu«r.)
Stores
Atlanta
5%
Weeden
2-
1
3
12-16
;
(quar.)_
(quar.)
12-29
12-22
12-29
12-29
12-22
1-10
12-20
1-
1-
1-
3
12-20
12-20
12-21
2-
1
12-13
12-10
.12-31
2-
1
12-31
$1.25
50c
12-27
.
12-15
1-
12-10
1
2
12-18
1-
2
12-18
12-29
12-21
12v2c
12-28
12-10
31 'Ac
50c
1-
1
12-10
12-28
1-
3
1-
1
12-21
1-
1
12-18
1-
3
12-21
5c
1
12-18
12-29
1-
12-21
3
12-21
$4
12-29
12-17
10c
1-10
12-23
20c
;
_
,____
(quar.)_
_
Ice
12-31
12-18
Southern
outstanding
& Southern
Corp.)
Carolina)—
(North
common
-
(quar.)——
1
12-10
12-24
1-
3
Tube
Street
Co.,
12-27
12-20
Corp.
(Boston)
Stecher-Traung Lithograph Corp.
Co.
of
Canada,
common
25c
50c
12-16
12-21
11-
12-14
3
12-17
3
12-17
12-31
12-20
(year-end)
Stores,
12-28
12-28
12-20
12-29
12-22
12-30
12-20
$1.20
12-22
12-15
$1
Water,
Inc.
1
1-15
Co.
(Toronto)
12-31
1-
3
12-26
1-
3
12-20
12-
8
12-20
12-
2-
1
(quar.)„
2-
2-
12-15
1
2-
(quar.)
Extra
6%
Co-operative
3
12-15
1-1
12-15
r2-20
12-15
t$l-75
i—.
(quar.)
1-
American
12-31
12-20
25c
12-27
12-10
25c
—
12-27
12-10
$$1.20
1-
12-29
12-31
$1
12-20
12-31
12-23
$1.50
1-
1
12-20
—
62Vac
2-
1
1-20
(quar.)—_a_—
50c
pfd.
$1.50
25c
12'/2c
1-
3
12-10
1-
3
12-20
12-31
12-20
12-21
12-14
9c
12-21
12-14
5c
_j.
dividend)
12-14
28c
—,——
(stock
12-27
1-
4
12-10
5%
12-31
12-23
15c
12-23
12-16
12-23
12-16
75c
—
(quar.)
12-15
12-
Institution—
Quarterly
—
American
toeing given in the
Per
Name of
A
P
W
Company
Products
Share
Co.,
Inc.—
(quar.)
Laboratories
12'/2c
-
1-
7
1-
7
1
1-
7
1
1-
7
*
Holders
Payable of Rec.
1-10
12-17
65c
Abercrombie
Aberdeen
&
Fitch,
$6
pfd. (s-a)
Corp.
(quar.)
Petroleum
3
12-
3
12-
7
"
share
of
share
12-
1
12-
1
125c
1-
3
12-10
Atlantic
Sugar Refineries, Ltd.—
preferential (quar.)_
Works, Ltd.
(interim)
Express Co.
(year-end)_^
Class
Acme
A
Adams
(J.
D.)
Manufacturing Co.
Adams-Millis Corp.
(year-end)
J25c
12-14
12-30
12-15
$2
(one
share
each
of
12-16
1-10
12-16
15c
(quar.)____
12-23
50c
12-31
12-18
25c
Corp.
dividend
12-31
12-18
nine
6%
Hardware
Fire
Products
:
$1
Ice
Co..
preferred
preferred
Casualty
&
American
Aetna
Insurance
Co.
Engineering
preferred
Y.)
Co.
.
(quar.)
Insurance
Co.
12-
3
3
1-
3
12-
3
12-31
12-24
1-3
12-15
1
12-20
8%c
Alabama Great Southern RR.
ordinary
6%
participating preferred
$4
12-24
12-
4
$4
12-24
12-
4
50c
i2-24
12-
1
Alabama
Mills
Alabama
Power
Wood
Steel
25c
3-11
2-25
Alberene
Stone
50c
2-11
1-28
Alberton
Corp.
Co.,
4.20%
Co.
Corp.
pfd.
(see Wood
(Va.*)
(quar.)
(Alan)
(year-end.)
$1.05
1-
1-
3
12-10
Co.)
1-
12-14
1-
l
1-
•
3
1'
12-15
12-
9*
12-
-'
9*
com
25c
12-30
12-22
12-10
$1
12-21
12-11,
(year-end).
quar.)..
t$1.12y2
(initial)
com.
25c
&
3-
2-19
12-15
1-15
$1
...k...
5
1-
1-
3
5
5
12-15
12-27
#2.25
..._
12-20
1-15
1-
$2.25
(accum.)
3
1
1-
50c
lyear-end)__
1-
12-30
25c
(quar.) „J.__
12-10
1-15*
10c
Light $5 pfd.
12-31.
25c
$1.75
^
12-27
12-
8'
12-8
$1.25
1-
3
12-
6^
;
$1.50
1-
3
12-
5%
6
(quar.)
pfd.
$1.25
Standard
12-20
12-10
Sanitary—
25c
Reserve
12-24
12-
1,
50c
$3
class
A
American
Extra
(s-a)
American
olis)
(year-end)
12-11,
1-
1
12-11
1-
1
12-11,
12-23
12-
3
12-
3
—
common
(quar.)—_
~ 50c
1-
3
12*
75c
1-
3
12-
2
$1.50
1-
3
12-
2
:l_
i.
—
(quar.)
Stamping Co.
(year-end)
Insurance
Co.
$1
___—
Co.
12-31
2
12-10
(Indianap¬
30c
Stores
T
1
12-22
(quai.)
1-
3
12-15
35c
1-
3
12-
3
35c
1-
3
12-
3
$1.75
3-3
12-
6*
$1.25
1-
$2.25
1-15
12-15'
12V2c
1-
2
11-30*
$1.50
1-
3
12-10 '
$1.50
1-7
75c
2-1
1-17
$1.50
Sugar
Refining,
7%
pfd.
(quar.)_
Surety Co. (N. Y.)
(s-a)
American Telephone & Telegraph
(quar.)
________
Turf
Co.
5%
pfd.
6%
Co.,
Viscose
Corp.,
(s-a)
pfd.
Association
(quar.)
(year-end)
12-21
12-11
(increased)
common
Extra
preferred
American
12-
1-
$3
com.
^
American
12-20
12-21
$2
Co.,
States
12-31
1
8
$3
u
(quar.)
American
12-
50c
preferred
American
12-20
(quar.)—...$1.75
preferred
Snuff
12-8,
50c
;
(irreg.)
(annual).
Smelting & Refining,
1st
Co.
(quar.)
12-
12-20
50c
Insurance
Co.
12-24
25c
;
(s-a)
Co., common
(annual)
preferred
(quar.)
Corp.
Co,,
$1.25
1'/,,
pfd.
preferred
Wire
Mining
&
Cable
Products,
Ltd.
12-15
12-15
1
(quar.)
$1
1-17
12-22
$1.75
1-14
20c
1-15
1-
5
13-23
12-
6
$2
(quar.)
common
12-21
12-10
(s-a)
12V2c
$1
12-f«.i
12-
12-30
12-17
so
25c
$1
12-zz
25c
12-30
1-29
,
3
«-9
—tlOc
,
.
12-
1
r-17
1-
5
'
35c
12-24
$i
2-15
12-10
2-
1
Apex
7%
Electrical
preferred
Mfg.
Co.,
(quar.):
com
(increased).
,
12-15
12-31*
$1.2;*
(year-end)
(year-end)
8%
prior preferred
(quar.)
Anderson-Prichard
Oil
(quar.)
Andes Copper Mining
(year-end)
Extra
:
Huronian,
2-
3
(quar.)
(increased)
Copper
Anaconda
Post
:
Products eo.
Woolen
Anaconda
Anglo
12-10'
1-15
...
common
:
$3
Anchor
4
12-21
97'/2c
Extra
Amra
(Watertown,
35c
$1.75
new
Republics Corp.
American Vitrified
'
12-14*
25c
American
5%'
3
1-
46c
i
President Lines
Thread
(quar.)____
A
&
Tobacco
12-
3
8
31V4c
(accum.)
American
1
12-
12-
1-
60c
—
(bi-monthly)....
Power
American
3
12-22
12-20
10c
common
class A
(year-end)____;._
American
1-
12-20
25c
(year-end)
Corp.,
12-15
1-
12-20
12-17
Illinois—
Special
6%
3
25c
Common
7%
3
1-
12-17
(quar.)
Co.
Radiator
1-
12-29
12-29
(initial)
(year-end)
Ltd.,
Co.
.12-3
75c
class
Co.
Metals.—.
Piano
American
3
12-2
25c
'
American
12-
12-23
$1.50
1
Co.
Optical
3
$1.25
(quar.)
Ahlberg Bearing,
Alan
News
B
2-9
3
1-
25c
—»
Extra
3
50c
i
Standard
&
Molasses
1-
50c
(increased)..
$1.183/4
...
(initial
Metal Products,
1-
50c
Life
Agricultural
N.
12-14
a
for
Foundiy
4V2%, preferred
6214c
Extra
Aetna
12-24
of
Co.
;
(quar.)
American
preferred
2-9
9
$1.75
of
Co.,
&
Metal'Co.,
American
2-
a
50c
Maize-Products,
preferred
American
3-15
(Texas)—
(quar.)
37M*c
(quar.)
12-22
1-
com¬
.
Corp.
(quar.)
Machine
American
American
Co.
American
12'/fee
(quar.)
(quar.)
Surety
Extra
12-31
5
(quar.).z
Co.
Locomotive
Machine
prefered
12-
12-15
l-lo
2
25c
of
1/100
(quar.)
preferred
12-21
12-24
12-
12-24
(monthly)
International
Investment
American
10c
common
3
3
common.
common
American
12-18
7
1-
!-
3-15
Assurance
American
American
1
1
12-17
$1.50
—
Corp.
Home
Home
American
1
1212-
12-24
$1.80
i.
(quar.)
Extra
Securities
Corp.,
conv.
Aetna
(Del.)
12-
3
3
25c
—
American
12-31
Corp.
Aerovox
12-15
12-24
held)
Aeolian
i
25c
Extra
Stock
2
85c
(quar.)_
Addressograph-Multigraph Corp. (quaiv)_„_
Admiral
1-
3
1-
1-
3-15
American
Amer.
partic
Glove
1-
50c
Felt
preferred
Screw
2
12-16
12-16
50c
Electric
Service
2
Acadia
City
Co.,
(quar.)_—
American
1-
3
3
held
dividend
Rubber
American
1-
1-
:_
Hard
12-15
t37'/2c
12-15
12-16
i
(quar.)
&
12-20
162'/2c
(quar.)
12-31
12-23
1-
:
2/100
Insurance
preferred
2'Ac
prior
12-15
87'/2c,
dividend
—
12-15
$2.50
12-16*
5
held—
Hdir
American
12-14
3
1-
30c
(quar.)
City Electric Co.
Common
American
12-27
$l.l?l/2
cash
stock
General
2nd
12-13
12-14
Co.
Atlantic
share
Arperican
5
12-23
12-27
1-
'
(year-end)—
dividend)
preferred
Quarterly
5
U
37'/2c
A
Inc..
each
of
American
1-
12-13
Co.—
extra
share
1-15
$1.12y2
quar.)
Atlantic
for
Common
12-23
5%
(quar.)
(stock
12-20
Paper Co., Ltd.—
preferred
(quar.)
12-20
1-15
$1.75
(quar.)—
com.
Securities
quarterly
lVfec
&
preferred
Co,
Electric
12-22
$1.50
12-20
$1.50
Growers,
American
.
1-
Light—.
preferred
Hoe
&
3
1-
12-20
15c
&
Sugar
&
Fruit
Gas
Common
$6
1-
$1
(quor.)___
preferred
■•Class
12-20
$1
Export Lines, -Inc
Express Co. (quar.)—
Common
7
1-
$3
Extra
Power
1-
35c
—
Extra
Abitibi
When
6*
1-
3
12-20
(year-end)-
com.
i___
Fork
American
• =•
6«
12-
1-
25c
—
7%
6*
12-
1-
(quar.U-^
Power
European
American
4
Below we give the dividends announced in
previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these
preceding table.
Co.,
preferred
convertible
3.90%
12-
50c
(increased
American
7%
3
1-
A
preferred (quar.)
Cyanamid Gto.—
American
5%
12-20
1-
12-28
00c
$2.25
a
Year-end
7%
3
12-20
3
50c
Crystal
Common
$3
12-20
3
1-
25c
*
prior
4%%
1-14
1-
25c
Shoe
—
—
Mercantile
(quar.)__
—
American
Co.
Car
common
(year-end 1
American
4Vi %
8
25c
Cities
B
3Mi %
12-
12-20
75c
(§-a)
Corp. class
preferred
American
4 V2 %
1-14
40«
_
Can Co.,
7%
preferred
(quar.)_
Casualty Co. (stock dividend)
Cigarette & Cigar
American
8
—
Co,
Mfg.
Steel
(quar.)
-
12-26
$1
——
$6
common
;
conv.
American
American
1
50c
._
—
Blake
Co.,
—
Brake
mon
(quar.)_
12-20
12-31
j$i
$75c
t$l
preferred
Zion's
5%
$75c
Participating
Bros.
23c
23c
(quar.)
Extra
participating
2-
1-30
3iy,c
pfd.
(accum.)——
Towne'
Aeronautical
12-29
5c
ciass B
Investment
4%
12-22
40c
(quar.)
Year-end
Co.—
Cos.
12-20
12-23
—
(quar.)
(quar.)
American
American
40c
12-20
70c
Standard
7%
15c
$1.75
Oxygen
Extra
Sterchi
1-
12-10
shares
Standard Railway Equipment
Mfg. Co.—
Steel
25e
75c
Company (quar.)—___—_
Standard Holding Corp, class A
(irreg.)
Class B
(irreg.)—
State
$1.75
12-23
100%
25c
Co.,
preferred
&
Adams
5c
(quar.)
Quarterly
$7
Whitney
Abbott
(initial)—
com.
Southern Advance Bag &
PaperStock dividend
Southern Bleachery & Print
Works
Southern
12-22
25c
(quar.)
Wheeler Osgood Co., com. (increased
quar.)
50c
convertible preferred
(quar.)_
Whitehall Fund, Inc.
(year-end)—
I Special
12-22
These shares have
recently been split eight
Fire Insurance
3
8
50c
12-22
1-
15c
.
by Commonwealth
1-
12-
12-13
1-
3
(quar.)
Southern
12-11
$1.50
(quar.)
A
Westmoreland
12-15
12-23
$1.12 %
~
Singer Manufacturing Co. (special)
Southeastern Public Service Co.
Southeastern Telephone Co.
owned
12-15
Securities—
12-23
15c
—
.
(all
1
$1.50 \
(quar.)__
(s-a)
Massachusetts
Yale
55c
(s-a)
___
.
Co.
class
Youngstown
—
_.
(The)
Co.
12-17
25c
American
(quar.)
conv.
3
Class B
8
12-10
1-
*
——
preferred
12-17
15c
convertible preferred
Southern
6%
$2.50
Western
12-31
$1.37y2
-
Extra
12-
12-20
/
——
4%
1*
1.
American
Year-end
preferred
12-24
25C
—:
Insurance
12-31
$2
Seven-Up Bottling Co. (St. Louis)
Sulphur,
8
7 y2c'
———
Steel Foundry
preference
1-15
12-18
7%
12 %
1-15
12-20
&
tax)
com.
(quar.)
Assurance
12-28
12-27
one
Western
3
12-20
$1.57
for
12-
20c
—ij--—_—.
(s-a) :t
Note
Bosch
each
Company,
West Michigan
Extra
12-10
3
12-29
Southern Acid
12-24
25c
Western Casualty & Surety Co
Western Electric Co.
(year-end)
Industries, Inc.—
Convertible stock (accum.)
$5.50 prior .preferred
(quar.)
,
1-20
12-14
'
Western
25c
Extra
1
12-20
20c
(quar.)
12-22
50c
(quar.)
2-
15C
Cuba—
of
dividend
12-15
15c
*
_
Association
75c
50c
Fixture
&
12-15
75c
Y.)
3
2
12V2c.
,
1-
$3
(N.
1-13*
12-
75c
Co.___
Co.
preferred
Class
_—
Kootenay Fower & Light, Ltd.—
7%
preferred (quar.).
12-22
Inc.
5Ve%
12-20
Inc.—
common.—-T
A (quar.)
Investment Co. (quar.).—
Shawmut
12-20
12-27
Co.
B
y2 %
1-31
12-27
2
25c
American
12-20
12-27
12-29
$1
pfd.
preferred
Common
12-27
(quar.)———
preferred
2*
(extra)
Chemical
Co.
Bemberg,
American
$1.25
12-29
tl2»/2c
__
Extra
Selected
&
$2
Shares,
5
$1.50
insurance,
Bank
Extra
4
12-20
12-20
Coke—
.—
preferred
Common
1-10
1-
20c
-
American
&
A
Showcase
12-28
t$1.75
Corp.,
Selected
Weber
12-29
t40c
(quar.)
Cement
Common (quar.)
1-
11-
3
nvzc
preferred
2*
12-
12-10
10c
preferred
Class
-
12-29
$1
com.
5%
1-
12-20
__———_
—
Corp.
12-20
3
___
Cuban
12-
12-20
25c
Bakeries
American
12-20
12-27
—__—
Coal
—
25c
Scruggs-Vandervoort-Barney,
5%
Extra
1-17
37c
(quar.)
$4.50 preferred A (quar.)
Scullin Steel Co. (year-end)_,
Securities Acceptance
Securities
5.8%
12-20
J75c
Year-End
12-20
3
95C
$1 pfd. (quar.)___
Mills—__—————--
Non-cum .Class
1-17
18 %c
-
——
Ry.,
3
1-
30c
—-
Savannah Sugar
Refining
12-24
1-
30c
Waterbury-Farrell Foundry & Machine Co.—
Quarterly
12-31
20c
(extra)
(quar.)—
Map Company
Sangamo Co., Ltd. (quar.)
&
1-15
12-29
6y2c
Corp.,
Washington Title
12-27
1
$1
:
preferred
Savannah
1
2-
5c
(quar.)
Portland
rcts.__—
(year-end)
convertible
2-
40c
•
American
12-24
;—
Sugar
1
75c
American
12-24
$1.12 »/2
20c
._
Sanborn
Cruz
12-22
1-
3
Securities Corp.—
(s-a)
1
25c
Insurance
Year-end
(quar.)
$4
Corp.
Co.
25c
preferred
Santa
12-31
$3
—
(extra)
Diego Gas & Electric Co.,
5%
12-20
4%
12-20
1-1
$4
Berg Fund, Inc. (year-end)
Lawrence Flour Mills, Ltd., com,
San
12-30
$3
Russell
St.
12-15
2
RR.
Manufacturing Co. (extra)—'
Roosevelt Oil & Refining Co. common
6% conv. preferred (quar.)_.
5,
1-
75c
—
(extra)
Products
1-
West
Risdon
Rose's
60c
$1.31 Va
—
W.)
dep.
pfd.
1-
3-
Extra
Extra
2♦
6
125c
'
Quarterly
6%
12-
Ltd.—
Corp.
Agricultural
Alliance
12-24
$1
______—.—
6%
Petroleum
12-20
12-
85c
American
Y.)—•
—__
Inc
Virginia Iron
12-20
40c
(quar.)—
guaranteed
Metal
(Less
12-20
50c
guaranteed
6%
Freeze,
t$25
.
N.
3
12-29
62'/2C
(quar.)
Vertientes-Camaguay
Quarterly
12-20
t25c
(quar.)
1-
50c
(Brooklyn,
Inc.
Hosiery
3
1-
3iy4c
—
Extra
Rieke
12-29
12-31
1-20
12-22
12-20
-
Manufacturing
American
12-24
12-13
30c
;
Amerada
12-20
1
1-15
t$1.75
_
____
pfd. (quar.)
preferred (quar.)_
5%
Richmond, Fredericksburg & Potomac
Co., comnflon dividend obligation
Rickel
12-20
10c
,___
prior
Co., Ltd. (year-end)
Revere Copper & Brass, Inc.—
514%
preferred (quar.)—.
7%
12-30
3
20c
___
Reliance Grain
Richman
1-15
1-
75c
—-
(year-end)
$1.25
(Canada),
Extra
(quar.)
(s-a)
Co.
(Robert),
Reitman's
__
1-
12-13
2
933/4C
Canada,
(quar.)
Goods
2
1-
75c
(quar.)
of
12-14
1-
4uc
i.-
Extra
:
Co.
1-10
$2
..
-
12-27
62V2C
Amer.
Corp.,
Appliance
35c
-
Rath
Lens
Velvet
$1.25
.__
(quar.)
12-24
Light—
(quar.)
pfd.
Co
Utilities,
12-31.
(quar.)
12-31
12-28
Extra
12-31
40c
Stove
$2.50
1-15
preferred
Radiator
Providence & Worcester
&
12-10
1-10
1-10
12-10
25c
Aluminium, Ltd.
(special.)
Amalgamated Leather, 6% preferred, (quar.)
Amalgamated Sugar Co.
(quar.)___J
7
31c
preferred (quar.)
preferred (quar.)__
1st
1-15
1
1-
12-20
$1.50
——
_
& International
Univis
common
1-15
3c
(year-end)
1st
Utility
preferred
1-17
Co.
12-15
12-15
_
Extra
12-17
50c
Foreign Securities Corp.—
(year-end)
2nd
$5
12-24
1-
12-21
1-27
2%c
Common
12-23
3
2-15
12-28
(initial)-
B
preferred——
'
—
12-15
12-20
prior
pfd.
Publishers
&
"Extra
3
12-20
|
1
1-
12-24
50c
——
■
com
Molasses, Ltd.,
Printers
12-14
$5
3-
45c
(s-a)___—
___.
United
12-30
Puget Sound Power
1-15
$1.06 V*
.—
6%
Bank
12-31
12-27
Pyle-National Co.,
75c
25c
(quar.)
12-31
$2
;
12-21
40c
$3.75
(year-end)
$4
17c
RR
12-20
Quarterly
17y2c
—
3
prior
Drill
Industrial
pfd. (quar.)
(Fred B.) Co. (increased)
Providence Gas Co. (irreg.)
Prophet
1-
—4—
Inc:
preferred
1-
60c
America
preferred
Aluminum
12-21
12-28
4%
12-22
40c
Corp., common (quar.)
Mlg., common (quar.)
Logan Valley Electric Ry
Aluminum
12-15
(quar.)
1-12
56y4c
8%
3
1
12-15
25c
(quar.)_—
9
12-20
2
Stores
$3.75
9
12-
1-
preferred
Twist
45c
—
A
12-
12-15
1-
Co.
convertible
U. S.
pfd.
12-20
12-15
$1.50
Co
—1.
1-12
$1.25
(special)
Car,
12-29
$3
12-20
3
12-20
(quar.)
Aluminum Co. of
1
1
1-
$1.50
'
&
12-
1-
62V2c
Allis-Chalmers
12-20
25c
1
15c
$1
—
(accum.)__
Electric
(quar.)
Inc.
Steel
3
Corp.—
General
Prentice-Hall,
prior
2c
preferred
Pressed
12-31
1-
15c
————-
12-2:3
$1.75
Tobacco
2c
———
(Thomas
7%
Mills
(s-a)-
—
1-25
~25c
12-27
V. 12-15
1
1-
20c
1
30c
—
10c
57'/2c
Corp.,
5%
.
Allied
(quar.)
&
Extra
Altoona
$1
$1
—
12-22
(quar.)
(quar.)
$2.50
(irreg.)
common
(s-a)——
Pilot
Extra
•
12-31
-
1-10
-
Corp.
(quar.)—-
5%
issued).
(year-end):
50c
Corp.—
Co., Ltd., 7 %
City Rapid Transit—
Union
(Frac¬
——
Co.,
r.5%
12-22,
com¬
par
held.
Corp
Pick
$1
Corp.
shares
two
,
tional
1-22
liquid, distrib.)—
Carlisle
of
for
tic
--
Rubber
&
share
mon
Ltd.-
Products
(quar.)___—
preference
preferred
Prior
,
Chemical
Tri-Continental
$6
Allied
8
(quar.)_____
___
Trenton
12-20
12-30
pfd.
Manufacturing
Convertible
stock)—
1-14
1-
20c
Extra
87'/2c
—^—
Allied
8
Export Corp (year-end)__
4'A% preferred (quar.).—
Edison,
Towle
12-30
12-
Extra
12-13
1
1-14
12-22
,
50c
.
preferred
12-1.0
$3
common
convertible
Chemical
12-31
80c
Dye Corp. (quar.)v.
Laboratories, Inc. (quar.j
preferred
Allied Stocks,
Co.,
Allied
12-10
12-10
2VuC
,
1-13
12-
Products
Co.—
3V2%
preferred A (quar.)—
Penobscot Chemical Fibre Co.—
Common
1-
&
Tobacco
7
Equipment Co
12-17
common—._
Torrington Company
Torrington Mfg. Co
12-22
(quar.)_
Extra
1-
&
1-15
3
—
Service, $6
Inc., $2.30
Clothes, Inc.
Tobacco
River RR.__
common
Electric
Electric
1-15
12-24
(quar.)_:—
12-24
1-15
—
Peaslee-Gaulbert
Perron
Turbine,
preferred
12-31
_
Allen
—
Chemical
(quar.)-,:
15c
—
(quar.):
Allegliany-Ludlum Steel, common (year-end)
Allegheny & Western Ry. Co., guar. (s-a)_
12-16
25c
(year-end)
50c
(quar.)—
Electric
12-23
1
25c
—______—:———————
Steam
Terry
—
1
3
1-
12-10
1
12-31
75c
1-
50c
12-28
75c
B
$2.50
Holders
Payable of Rec.
37'/2c
A
1-
1-19
When
Share
$1.06 V*
ciass
25c
—
"
(quar.)
Co.,
2-
—
preferred
,
(quar.)
Products
Alliancewaro
—
Inc.
preferred
Metal
Class
t75c
(quar.)
Products &
Ail
m.25
Terre Haute Malleable & Mfg.
12-17
2IV2C
——
quar.)
25c
Inc., common
41/4%.
12-27
Ltd.—
___
Tennessee
12-27
3
r
*$5
(quar:);—
____■—
Technicolor,
1-15
3
1-
of Company
50c
(Canada)
—
Co.
Per
Name
Alden's,
12-20
1-
15c
—
Co.
preferred (s-a)—.—
Co. of America
Extra
12-30
15c
Clothier
Extra
12-17
12-24
$1
&
Taylor-Colquitt
12-20
2
50%
_
& Company
Insurance
75c
Blade
$3
12-31
12-31
$1.12'A
(S.)
Life
Sweets
12-17
3
(quar.)
-
$i.ou
12-31
1-20
Inc.
Holders
.
__.
7
1-
$10
$4.37
Shop,
&
Supertest Petroleum Corp.,
Common (year-end)
12-14
12-29
Inc.—
Foundry
&
Monday, December 20, 1948
Payable of Rec.
Inc.—
Extra
12-31
$2
Increased
Pemco
12-16
12-30
(year-end)___
(initial
Panhandle Producing
Paterson
Strawbridge
12-21
$1
(quar.)
Co
preferred
Pacific
12-16
30c
(quar.)
preferred
Securities
Pacific Associates,
Prior
12-21
Stop
When
Share
Products,
1
dividend
3
6
(increased)
com.
Co.
Stock
1-
20c
preferred
8%
Corp.,
12-13
12-
30c
1
4,A%
Corp.,
Omnibus
2-
20c
$1.31'A
&
Insurance
12-23
Sterling Aluminum
1
"
Special
Oliver
CHRONICLE
Per
Name of Company
12-17
12-20
(quar.)
Electric,
4%
preferred (quar.)
5V4%
preferred (quar.)
Old
12-27
$1.50
Co.
(year-end)
Holding Corp. (year-end)
Gas
FINANCIAL
Holders
Payable of Rec.
$1.50
_—L
Ohio
Ohio
&
"
'
North
COMMERCIAL
25c
1-
3
12-20
$1.75
1-
3
12-20
Volume* 168
Number 4761
THE
Per
Name
Applied
of Company
Arts
Arcade
Common
6%
41/2 %
Arizona
preferred,
Bohn
1-31
Bonanza
1
Blue
12-15
$1.25
4%%
6-15
$1.25
10-
1
9-15
12-29
12-13
15c
$1.75
1-
3.„
1-
3
—
20c
12-31
Metal
sl.bo
preferred
Construction
(quar.)_
1-
3
12-16
6%
Inc., common
preferred
(quar.)_—
5%
preferred
Class
B
50c
12-21
12-3
''
Co.
(increased
>.2~10
$60c
1-1-49
,
&
(accum.)
(accum.)
Atlantic
$1.68
Santa
Fe
Greyhound,
Atlantic
$1.44
11-21
$1.50
1st
preferred
1
12-31
preferred
1-15
12-23
4%
$1
12-26
12-17
Series
A
Class
Auto
A
Finance- Co.
1
(B.
Axe
F.»
&
Houghton
(quar.)—«
pfd.
Fund
Manufacturing
Ayshire
Babcock
&
.*
-
Wilcox
12-21
3
12-15
12-18
<___
20c
12-20
12-11 ■:
—_______
25c
1-
8
12-24
30c
1-
3
12-10
$1
5%
&
Ohio
non-cum.
Baltimore
RR.—
■
12-
Building
12-24
12-15
Bullard
7%
preferred
4%
preferred
of
the
12-15
1-15
12-31
12-13
(resumed)———
$1
Bankers
12-22
common
$1.25
40c
(quar.;—___
(quar.)_______
(N.
Y).
Mortgage
Trust
(W.
Co.
Hi)
Barber-Ellis
(N.
Co.
Y.)_
7
BUtler
1-
3
•
Oil
(s-a)
Corp.>
1-
3
12-16*
Butte
1-
3
12-16*
Byers
1-4-49
12-22*
1-15
12-20
12-
Class
4
1-15
(quar.)—
50c
12-16
3
'
.Extra
i__——_
50c
Bastian-Blessing Co.___
".Manufacturing Co.,
Extra
t
A
V2 %
,
_
4
V4 %
preferred
4%
preferred
Foods
Tool,
Co.,
common
-Extra
3%%
preferred
Lumber
Class
Co.,
A
(quar.)
A
Class
$1.40
$1.40
$1.40
Bros.."
Stock
Beech
BeechjNut
Extra
1-
3
1
7-
2
35c
1-
3
35c
Ltd.,
com.
(quar.)__
$6
of
11-29
11-29
Canada
1-3-
11-
3
3
«
$4.25
Flooring/Ltd.,
Canada
Foundries
1%
preferred
B
12-10
Canada
Machinery,
50c
12-29
12-10.
Canada
Northern
series
(s-a)
$3
Inc.,
Steel
Corp.,
12-18
$1
50c
convertible
1-14
2-
1
1-14
1-1-49
12-20
60c
Ce
pfd.
1
12-20
12-10
Co.
(quar.)
Corp.,
common....
.
$1.75
1-
3
12-
50c
(quar.)
1-
1
12-21
1-
1
12-21
25C
(quar.)
;
12-30
12-20
1214c
12-30
12-20
12-27
$1
Mfg.
3
$2
preferred
(quar.)
50c
12-17
12-27-
12-17
12-30
12-15
&
Bryson—
(increased quar.)
:
W.)
Co.' (quar.):
30c
12-23
12-
3
50c
Extra
Extra
12-23
12-
3
25c
2-
1
1-12
12-17
1-
3
12-17*
1-
3
12-17*
12-20
12-20
111-
3
12-10
12-10
12-10
B
■___
1-
Ltd
non-cum.
Bronze
common
preferred
Canadian
Canners,
60c non-cum.
1-
12-17*
Certain-teed
12-20
12-23
12-
12-23
12-
12-23
12-
4.15%
12-
Chase
Canadian
Regular
Collieries
1-
3
12-17
3214c
1-
1
12-20
$1.0214
1-
1
12-20
$1.0214
1-
1
12-20
$1.1214
1-3
12-17
(quar.)_
com.
(quar.)
(year-end)—
1
Ltd
12-20
$1
Wire
Co.,
6%
12-
12-10*
Chicago
Dock
1
12-15
Chicago
&
12-15
2-
1
1-14
12-20
12-10
2-15
1-31
1-
5%
Chicago
pfd.
(quar.)_
75c
$1.03
$3
12-13
preferred
Rock
Co.
12-15
Common
12-10
12-17
1
12-11
J- 1
-12-11
5614c
$1,1214
A
12-
Common
9
(quar.)_.
3
12-
1
1-
2
12-
8*
Christiana
1-
2
12-
8*
Cincinnati Gas
1-
3
12-17
A
5%
12-15
5%
12-28
12-15
1-25
12-20
1-
3
12-15
2-
1
12-28
1-
3
12-
(extra)
1-3-49
12-15
1-
11-30
1
2-
1
1
1-10
2-
1
$3114c
1-
3
RR.,
1-
3
12-
1-
3
12-
8
1-
3
12-
8
1-
3
12-
8
8
12-31
12-
8
Clinton
12-31
12-
8
Clinton
12-
7
1-
3
1-31
7-15
Cluett
•
1-10
12-31
12-10
12-31
12-10
12-28
12-28
1-
5
12-14
12-14
3
12-14
12-10
12-30
12-10
12^31
1-14-49
4-15-49
3-
8
7-15-49
6-
8
10-14-49
9-
8
12-10
12-
8
12-31
12-11
12-21*
12-
$$2.50
12-20
12-10
$1.75
1- 3
12-20
1- 3
12-15
75c
7
$1
Pacific
3-
1
2-15
$1.25
6-
1
5-15
$1.25
9-
1
8-15
1-
3
12-17
Telephone Co.—
(quar.)
50c
12-20
11-27
11-27
Pa.—
$1.75
1-
6214c
(s-a)_
(quar.)
(s-a)_
$1.50
12-11
12-15
1- 3
12-24
2-15-49
50c
3c
3
12-31
$3.50
$1.75
(year-end)
Ry.
12-20.
$1
2-10
12-28
<
12-17
12-20
12-
1
1- 3
12-21
1-
3
12-20
$1.1214
1-1-49
12-18
$3
1214c
12-22
12-31
12-17
(quar.)
$1
12-27
12-10
(monthly)
Works, 7% pfd.
20c
1-3
12-16
$1.75
1-15
__1.50
12-24
Coal
50c
Co.—
(quar.)
&
Securities
Stock
Corp.
Co.
Yards
(year-end)
Co.
(quar.)—
Industries
Water
1-
12-30
$1.25
7%
1-15
7-30
12-30
$1.3714
(quar.)
Texas
Washington
(quar.)
:
Mahoning
Union
Clinchfield
$15c
&
7
1-7
1-13
Co.—•
&
of
preferred
11-29
12-
$5c
$1.13
Cleveland
8
$30c
preferred
common
Co.
3
25c
:___
Land
12-
$i5c
7%
Electric
Co.,
preferred
12-31
1-
2-1
25c
(quar.)
Cleveland
$$1.75
12-20
8
25c
Orleans
preferred
$4.50
11-29
$1.25
(quar.)
(quar.)
Water
Clearfied
12-20
75c
com.—
(quar,)__
Cleveland Builders Supply Co
Cleveland Electric Illuminating
8
$15c
&
New
Service
1st
12-
25c
Clayton & Lambert Mfg.
Clayton Silver Mines
1-10
12-
12-15
12-
50c
City Ice & Fuel Co. (quar.)__
City of Paris Dry Goods Co., common
1-10
2-
3
$2.50
;
common.:
Year-end
7%
1-
12-20
$2
Quarterly
3
12-15
$2
Cincinnati & Suburban Bell
Citizens
$$1.25
12-20
12-28
12-20
75c
*
Securities,
preferred
Cities
2
3
8714c
preferred (quar.)__.
preferred (quar.)
12-15
1-15
1-
12-20
1-
45c
,
common
preferred
1-15
2
1-10
3IV4C
(quar,)_
(quar.)_,
Pacific
5%
7
8
1-
50c
Company, $5.50 preferred (quar.)___
Copper Co. (year-end)
Chipman Knitting Mills, 5% pfd. (s-a)
1-
1-
8
12-
$30c
Chile
4%
12-15
12-
12-22
25c
(quar.)
(quar.)
Childs
1
2
12-22
25c
(quar.)
(quar.)
12-
1-
50c
(quar.)
Common
11-19
8
1-
75c
12-15
12-20
12-
12-20
75c
&
Oil,
1
12-20
12-15
12-10
$1
series
Cotton
3
tlOc
1
3
1-1-49
(quar.)
preferred
Chickasha
t32Vic
1-
Ry.—
Tool,
Island
1-
1
2
1-
10c
—_____
1-
2-
12-10
25c
"
Western
75c
$1.75
12-10
1-
12-20
$1.1214
Special
12-10
3
1
12-31
12-20
$2
15c
common
Canal
Pneumatic
Chicago
6
3
&
North
Extra
1-31
12-
12-27
1-
1-
12-10
12-20
15c
(year-end)____.
preferred series A
343/bC
t$1.12V2
1
1-15
40c
Common
5%
10c
3
1-
214c
Chesterville Mines, Ltd
7
1
2-15
3
12-
12-10
75c
1-
12-20
12-
12-21
50c
convertible preferred
1-
$5.80
12-21
12-31
$1.50
(quar.)
—;
62c
62Vic
""
8714c
—
314%
2
12-10
50c
(quar.)
Utility Co. (year-end)
Products, common (quat.)_
Chesapeake & Ohio Ry.,
1-
12-17
12-23
5c
Extra
75c
12-31
75c
30c
Candy
$25c
(quar.)„
(quar.)__
—
$433/ic
(Dunsmuir),
pfd.
Chesebrough Mfg. Co. (quar.)
$25c
com.
(quar.)
Y.)
$$1.25
common
B
Extra
$5c
preferred
$1
Trust Co.
Cherry Rivet Co. (quar.)
$25c
preferred
non-cum.
&
Co., 5% preferred
preferred B
(quar.)y*.
Chateau Gai Wines, Ltd
$i0c
Ltd.,
(quar.)
$1 preferred (quar.)
1
5%
$25c
(quar.)
Celanese,
12-20
1-
preferred
Extra
7%
Participating
Canadian
1
(quar.)__
414% convertible preferred
(quar.)
Champion Paper & Fiber, $4.50 pfd.
(quar.)
Chapman Valve Mfg. Co
$50c
(quar.)
convertible preferred (quar.)
preferred
12-20
1-
414%
prior
preferred (quar.)
Chadbourn Hosiery Mills, common
$20c
Participating
1st
12-20
1
(quar.)
&
West
Extra
3
$$2
quar.)__
Ltd.,
12-20
1
Vermont Public Service—
Central
Co.—
(initial
1
3714c
Central
12-17*
$$1.50
Year-end !
preferred (quar.)—
6%
6%
$25c
;
12-16
1-
Central Ohio Light &
Power, com.
Paper Co
$15c
5%
$1.75
3.50%
$$1.50
Ltd
12-10
12-11
12-27
25c
Cincinnati,
Ltd.—
preferred
(quar.)__
12-17
1-
Power, cominon_
preferred (quar.)_
115c
LtdK
1
12-21
1-
Maine
$1.0614
—^
Power,
1-
12-20
30c
Extra
Central
12-17*
Ltd.—
Bakeries,Ltd. (initial)
Canadian Breweries', Ltd.
(quar.)
5%
preferred
15c
Canadian
.
4.10%
12-17*
Lines,
New
4.10%
1-
50c
—
12-17
30c
(quar.)
Steel
Co.—
;
Canada Permanent
Mortgage,
Southern Ry.
(s-a)
Canada Steamship
5%
preferred
62Vic
:
1
30c
12-15
12-23
(initial)
6
1-
30c
Central
of
_r,
class
3
12-17
$1.50
_____
Central
receive
common
1212-
12-31
voting
com.
12-10
in
Canada
Canadian
Extra
Sivall
12-18
2-
50c
Co.
Decker
12-29
50c
—
$1
Bingham-Herbrand
Hotel
12-18
12-29
/
common
7%
1-14
12-29
81V4c
1948
1-31
3714c
common
6%
f46c
.12-15
1946
6
9
No
(extra)
1-15
Loan,.,
1-
stock.
(quar.)_
12-29
(year-end)
4%
preferred (quar.)
Central Illinois Securities
Corp.—
$1.50 preferred
(accum.)
Central Investment
Corp. (quar.)____^
12-
of
Copper
1-
10c
12-20
3
shares
'
12-15
3
12-20
25c
Chefford Master Mfg. 5%
preferred
Chemical Bank & Trust Co.
(N.
,
12-11
$1.75
Extra
75c
&
50c
—;
12-28
1-
six
(special)
(quar.)—
12-12
2
$1.183A
1-15
the
(quar.)
Forgings,
(quar.)
preferred
Class
Corp.
2
1-
60c
non-voting
fiOc
Dry Gjnger Ale,
Coke
Products Co,,
1-
15c
12-28
12-
—
12-14
12-14
&
12-22
12-22
$$1.75
Extra
Common
27c
Consolidated
11-30
49
Coal
12-20
2
Service—
12-
Cement
Canada
$25c
i
Common
11-30
3
(quar.)
preferred (quar.)
Centennial Flouring Mills
(quar.)
Centlivre Brewing Corp
12-15
12-10
80c
30c
preferred
2nd
1-10
12-15
3
1-
$1.75
Corp. of America (year-end)
Celanese Corp. of
America, common
Fibre
1-
12-15
..
12-22
585/Bc
(year-end)_
3
12-23
$1
;
Case
Central
1-
<10c
,
(quar.)
Case (J. I.) Company, common
7%
preferred (quar.)
1st
12-16
1- 2
2-1
(year-end)
preferred
$4.75
12-30
50c
Public
12-23
Extra
1-
(J. W.)
Company—
Cascades Plywood Corp., common
314%
6
50c
(year-end)
Illinois
12-23
Burlington Ry. .(s-a)_.
Forge Co., 5Vi% conv. pfd. (quar.)
Bread, Ltd., 4Vi% 1st pfd. (quar.)_
Canada Cement Co.;:Ltd., $1.30
pfd. (quar.)
Canada Crushed
Stone, Ltd. (quar.)
11-30
Corp.
Central
$2.50
Canada
1-3-49
General
6
12-
12-16
$1.25
12-28
$3.50
Camden
.
&
12-
12-30
933/»c
(quar.)
1-15
(s-a)
(quar.)—
Resumed
$50c
preferred
Manufacturing
(E.
12-27
12-27
Canada,
quar.)—
-series
Hedges,
Extra
Bliss
12-10
$$1.75
Co.
preferred (quar.),
Bethlehem Foundry & Machine
»
3
$$1
4%
Black,
Hecla
Carriers
75c
Service
i
preferred
&
&
preferred
4Va%
12-
(quar.)
common
1
12-20
12-23
$1.25
Company, 3%% 1st pfd. (quar.)_
& Light, common—
Power
Light,
10c
(quar.)_„
Water
Carolina
1-10
12-23
40c
Carey (Philip) Mfg. Co. common (quar.)
5% preferred (quar.)__
Illinois
25c
quar.)_
1
9
12-15
75c
Central
12-
$2.50
12-
12-
1
25c
12-28
12-23
(increased
1-
$35c
Extra
12-28
$1.50
6/100
12-21
12-21
65c
1-15
(s-a)
but
12-13
12-13
20c
;
1-15
12-
Camden &
12-31
1-
$$1.50
$2 conv. preferred (quar.)_„__
Bessemer Limestone & Cement—
Black
Co.
(quar.)
Corp.
Industrial
5%
Calumet
.
12-31
1-20
$15c
preferred
Bismark
12-15
12-17
12-14
12-23
stock
12-29
12-20
50c
(quar.)
Cardy Corp., Ltd., class A (irreg.)
Carey Baxter & Kennedy (quar.)
1-
*
12-13
1214c
(initial)
common
preferred
conv.
31V4c
(quar.)
Portland
California
fi-10
3
50c
______
—
Co'p.,
Bibb
2
1-
40c
Beneficial
Bethlehem
*7-
Ink
Capital
Capitol Records, Inc.,
7%
6
Products—
(initial quar.)__
Transit Co.
(resumed)
$2.60
1-
$2
City
Illinois Electric & Gas,
preferred A (quar.)
3
partici¬
pfd.
12-13
12-13
New common
Central
1-
12-30
20c
of
a
6
$2"
Hanover Bank
12-23
and
will
B
1-
12-29
75c
Central
10c
held.
for
12-15
12-10
75c
1-19
10c
issued,
1
3
common
12-10
25c
100
1-
1-
Year-end
Capital
3-15
-
$50c
B
1
$1.75
(quar.)_
preferred
California
3-10
40c
(quar.)
—;
&
5%
12-10
1
preferred
California
6-10
4-
Corp.
preferred
California. Packing,
3-10
$75c
i__
$3
12-10
-
35c
—
(quar.)
Beneficial
be
31c
4-
Financial
Mills,
4-15
$37'4c
Year-end
Class
31 Vic
rate
each
on
class
25c
.
Aviation
of
said
25c
,
T.
5x/2%
2-
25c
A
the
$10c
(quar.)
12-23
50c
_
common, (initial
Benson
rate
of
25c
__
2
I.
class
stockholders
the
1-10
1-
1-20
Year-end
$4
share
a
1
(quar.)—
Telephone Co. of Canada—
$3.25
at
of
2-
commop
New
thereof
cash
,
$1.50 class A
12-17
15c
common
California Electric Power,
5% .preferred
Bendix
12-15
1-19
125c
holdings
12-14
_
preferred
(quar.)
Belgium Glove & Hosiery
Bell
lieu
12-15
12-15
6-15
9-15
10c
will
12-14
____
\1%
-Ltd.,
,
shares
7-15
1-15
12-20
1
115c
common
12-14
50%
Belding-Corticelli,
3
3
2
75c
,
12-10
$10c
25c
;
2
12-10
$l0c
3I/2C
quar.)_
1-
$$l
7
12-10
-
.___
12-
12-28
t40c
(initial
2
Quarterly
Quarterly
Quarterly
;
Canadian Westinghouse
Co., Ltd. (quar.)—
Canadian Wirebound
Boxes, Ltd.—
10c
_
2
1-
12--1
2V2C
_
(quar.)
at
B
2
(year-end)
Co.
»
class
50c
(quar.)_
Packing
Extra
A
paid
2
Corp
RR.
of
be
1-
dividend
Creek
11-
12-23
(quar.)
1-
12-15
15c
the
on
class
will
1-
50c
T
Ltd.
Aircraft
the
C.
____
(quar.)
preferred
Beatty
Beech
$6
12-27
15c
,
fractional
$1
12-31
25c
12-21
25c
45c
___
(quar:)
12-31
_____
(quar.)
B
Hat Corp of America
of
the
combined
(s-a)
1
prefeired
12-10*
1
$$2
$$1.25
12-
1-15
12-10
1-14
12-15
12-15
12-21
1-3
1-
$1.75
preferred
50c
_
preferred
12-10*
1-
$$1.50
Catalln
1-31
12-15
3
$10c
12-15
12-10
3
1-1-49
$3714c
12-15
12-15
12-31
1-
$20c
(quar.)
1-
1-
12-15
1-
$$1.50
1-
1-
2
1
1-15
$$1.50
Pomeroy & Co., Inc. (resumed)
Cassidy's, Ltd., 7%
preferred
(quar.)
$1.50
I
84 %c
(quar.)
A. (quar.)
series
dividend
shares
12-28
3
50c,
12-21
(quar.)
(quar.)
..Class
stock
12-15
25c
!
common
12-20
1-
$1.25
Corp.;/ common__!!l_—__________
pating,
1-10
12-
1-
Canadian Silk Products. $1.50 cl. A
(quar.)__
Canadian Western Lumber, Ltd.
Central
(year-end)
non-cum
A
9
8
$2
A
12-10*
12-
93%c
-_
12-15
12-23
90c
________
Ltd.__i._
12-31
(accum.)
(quar.)
common
12-
3
8
N
(year-end)
25c
_____
conv.
Beaver
com.
1-
12-
10c
:
____.
$2.25
—
pfd.
12-22
12-28
$1.1214
___
6%
50c
$4
■
—
(s-a)___
>
,
(quar.)
(quar.)
Machine
Beatrice
.
common
Bausch &. Lomb Optical Co.
Bausch
(quar.)_
-
preferred (quar.)
.(Ludwig.) & Co.,
Baumann
.
75c
.
common
12-31
80c
—
(year-©nd)
participating preferred
$5 participating class A (s-a)„
$7 non cum.
participating preferred
12-31
1-
'$$1.75
1-15
12-23
3
$$2
(year-end)
20c
__
Participating
$3
——
(quar.)
Copper & Zinc (resumed) k
(A. M.) .Company, common
Byrndun
12-10
1-29
1
1-
$20c
(year-end)
20c
1.
30c
50c
■_
Bates
H.)
1
15c
(quar.)
preferred
45c
2-
t2c
—_
Bldgs.7^7-% MPfd. (accum.)
Co., common (quar.)
5%
Co. of Canada,Ltd.—
preferred
Terminal
12-10
___
12-30
12-31
1-
Electric
Carter
(quar.)
common
;
Extra.
11-30
7
Ltd.—
Ltd., class A (quar.)
Canadian Ingersoll-Rand
Co., Ltd
Canadian Oil Cos., Ltd., 8%
pfd. (quar.)
5%
preferred
(quar.)
4%
preferred (quar.)
$5
Co.," "lire:" (quar.)
3
(quar.)__,
(extra.)
3
1-15
50c
(quar.')t-;iii:
Extra
of
A
Carnation
1__i-.:
(P.
11-30
J $$1.1214
!
Corp.,
$1.25
Burlington Steel Co., Ltd.
Bush
1-
1$1
rJ;——
Plan, Inc., class A
Watch
1-
20c
7
Piston Ring (quar.)—
Extra ' w__1"
initial
•
7
12-
Ltd.^—
1
.Extra
5%
—
12-
(quar.)
Products,
Company
$1
Guaranty Co.
common
3
'
12-10
(quar.)
3
3
$15c
(quar.)
3
—
Corp.,
(quar.)
Co., common
1-
vlOc
&
Bulova
12-
1-20
1
Products, Ltd.—
common
preferred
12-14
2
12-15
1-
—
$1.75
(quar.)
Co.
1-
3
1-15
1-
Burd
11-27*
1-2-49
1-
J25c
(qiiAf))
Extra
8%C
12-15
50c
—
common
'1 ' *",v*'
Buffala Forge-Go.
Steel—
Manhattan
Bond
America,
6%
•
12-24
.Year-end
Bankers
3
■
preferred
Porcelain
Bangor Hydro-Electric,
Barber
B
12-10
12-28
12-10
3
$0.234375
Year-end
Class
12-10
50c
3
1-
933/4c
Company-4yeaf-end) C2r!iL
12-21
——
7% I convertible ^preferred /(quar.)
Bangor & Aroostook RR., $5 pfd. (quar.) l
i
-
3
Class
Class B
12-15
t40c
1,1
'
preferred
Budd
12-21•
20c
Works
3
Ltd.—
Cd.y
Budget Finance
$1.50
(quar.-)
locomotive
1-
12-23
,<
——
(quar.)
L.) 'Company • 1 "
preferred (quar.)
3714c
(quar.)___:
common
12-11
75c
preferred
:
1-14
12-
12-28
30c
(quar.)
preferred
$1
__^_z^k______
•
(quar.)
Co
Co.,
Bueyrus-Erie
1%
11-30
1
Canadian Ice Machine,
12-16
—
(E.
12-20
____■
Inc
Company,
Baltimore
7%
1-31
12-20
12-11
1-15
12-31
—
Year-end
'
12-27
—_—
12-24
12-
Brunewick-'Balke-Gollender Co.—
•.
$-5: ;preferred qquar.)
Buckeye Steel Castings, common (quar.)—
-20c
-
Mills,
preferred
Barber
Bruce
12-15
3
12-24
25c
;l
■ '■
Shoe
$3.60
9
12-15
12-20
12-20
12-10
2Vi%
junior preferred
3
1-
Extra
.
12-22
1
$1.37 Vic
Porcupine'-Mines) ^Ltd,' (Interim)
$1
Paper
Baldwin
Bank
1
12-
3
1-
Extra
J4%-.
4%
12-
1
1-
Ltd. (quar.)
Investment, Ltd
Canadian General Securities, Ltd.—
Cannon
_i
preferred
Forest
5 % ' preferred'
'v
12-15 V
Co.
dividend
Baldwin
6%
1-
$1
Badger
-
T.),
12> 12-
12-20
-
1-
12-20
12-20
(quar.)
Durrelh
Brown
12-27
(quar.)
(quar.)
Inc.
(quar.)____
A
Brown-Forman'Distillers,
'
50c
Extra
Stock
■■
Co.
•'
1
3714c
—
Collieries
(B.
25c
r.
B, Tnc._if_i.l_
Axelson
Babbitt
•
(quar.)
Inc.
12-
12-20
15c
—
"
—
4%
12-22"
25c
20c
______
Inc.,
<
1
Ltd.
(quar.)
Motor
Extra''
12-21
*12-22
1-
110c
(resumed)
Electric,
-
12-10
1-10
1
12-20
.3114c
—i
A
Brown
1
12-10
25c
(year-end
common
quar.)
Products,
Houghton-Fund,
Axe
12-15
12-20
9
1
1$1.50
com.
Columbia "Power
Broulan
12-15;
30c
(year-end') il_
—if.
(Hartford) (quar.)
Sons,
preferred
Allied
12-16
12-20
12-
12-
1-
37Vic
—1
A
Class
2
c
12-23
12-30
$1
75c
i
class
Columbia
British
2"
5Cc
tquai*.;)k-i-_-i.i^J_J:__
Products
15c
Columbia'Electric:^; iCb;, Ltd.—,
Brockway
1-
50c
Steel
5
1-
3714
^
Extra
Avery
v
6%
12-31
10% "•
Co.
1-
11-30
10c
dividend
Automatic
1
5
15c
Automobile Insurance Co.
Avon
2-
1-
12-20
i.i 56V4C
(quar.)
'(quar.)
Washer
9
priOT vpreL.4«-a
Extra
_L"
Alarm
12-
$1
pfd. ,(quar.)____
preferred
5%
British
1
$1
(quar.)
.
Automatic
-
Co.—
Products, class B
Fire
12-18
1
2-
40c
Engine
12-23
$1.50
Light & Power Co.,
Co.
Columbia
Class
______
(quar.)_
Automatic
3
1-
$3
_____
93 %C
Extra
Stock
1-
$1.25
(quar:)
preferred
Autu Fabric
••
(s-ar__
(quar.)
'
3.75%
preferred B
Atlas Corp. <quar,)_
Atlas Imperial Diesel
20c
.
British
(quar.)_
pfd.
(s-a)
A
11-30
Oil Co., Ltd.—
(quar.)
preferred (quar.)..—
British
1
convertible
12-31
—
——
Manufacturing Co.
Co., Inc., common
3%%
Refining
$2.50
$6
12-17
(quar.)
Brass
cumulative
30c
—
3
British-American
1-28
2
2-
$2.50
—:
preferred
3n
1-
3
(quar.)
Bristol-Myers Co.—
33/4%
participating
11-21
3
1-
General
1-
Common
(quar.)
4%
Laundries
Realty,
*?-21
12-21
(quar.)
Investment
General
—87Vic
(year-end)
Mfg.
$2
Ry.—
.
Electric
Atlantic
Brillo
6
.—
(s-a)_,
Atlantic
6
12-
—_—
Atchison Topeka &
Common (quar.)
.
12-
Canadian
12-17
—
Ltd
conv.
Briggs
12-27
12-27
Telegraph—
preferred
City
12-10-
c
1-
$183/4c
common
$75c
Canadian
12-17
(year-end)
Sons
Traction,
5Vi %
f70c
Ltd.,
Quarterly
6
3
(Boston)
Products,
(quar.)
12-17
1-17
Holders
Payable of Rec.
$25c
Food
12-
50c
&
preferred
25c
6214
quar.)-
3
3
(quar.)
Bearing
J.)
Brazilian
6%
1-
12-21
1-
—
Mines,
Bridgeport
.1 -1-49
Co._
Roller
(E.
Bralorne
3
Foreign
Cottons, Ltd.—
Common (Increased quar.)
12-17
1-
Extra
12-10
12-
$15c
___
6%; preferred
Atlantic
12-10
12-27
t40c
(irreg.)
Telephone
.
Co., Ltd.—
—.
Investment
preferred
12-27
12-21
•:
Associated
Brach
$30c
Hardware
._7
Bower
11-15
$2
i quar.;
Associates
Extra
H.)
12-16
12-15
preferred
Canadian
3
$1
—
Wharf
Mills,
3
414 %
12-20
25c
Extra
Boston
Botany
2
12-15
1-
When
Share
51
Canadian
_
3
1-
3
1-
12-30
$1.50
——____
12-16
1-
A
25c
:
Quarterly
12-20
Class
1-
$2.25
(quar.)__.
3
3%
_______
(J.
A
12-
Canadian
12-15
(quar.)—_____
common
1-
12-21
7I/2C
^
!
Class
12-15
2
12-15
3
75c
—
preferred
12-22
60c
—
Boston & Albany RR. Co._l—
Boston Personal Property Trust
12-10
59%c
(quar.)
Corp., Ltd.
Extra
3Va%
12-18
25c
Extra
25c
$1.40
;
Ashdown
1-14
1-
Corp.,
12-31
25c
i
(quar.)—
!
Borg
Borg-Warner
Company
12-18
$1.37Va
Company :(year^end)_—^—
(George W.) Corp.* (quar.)
12-15
$ 1.12V2
(quar.)
-—!--
Extra
12-15
;
pfd.
—
Club
25c
Extra
Asbestos
Brass
Per
Name of
12-31
27c
Corp. 4year-«nd)
Co., Inc., 5Vi%
Development
Holder1
Payable of Reo.
37Vic
(quar.)_
(H. <3.)
Aluminum -&
When
(2583)
75c
_
Borden
12-15
$1.50
Mfg., Co., 6% conv. pfd. iquar.)__
Carpet Co.
(stock
dividend):
Artloom
3-15
1
(quar.)
convertible
Artrraft
1
7-
—-
(quar.)—
Western Gas
(quar.)
B
4-
$1.25
,
1-
$1.25
(quar.)___
(quar.)—
(quar.) ;—_______—:
&
Class
Ridge
Bohack
Book-of-the-Month
Corp., 41/2% preferred (quar.).
Co., $6 conv. preferred (quar.)__
Armstrong Cork Co., common (year-end)—
Armstrong Rubber Co., class A (quar,)____
"5%
1-31
2
Steel
Armour
•7%
12-18
3-
,1 $8 .preferred
-
12-18
(year-end)
common
preferred
conv.
1
3-
CHRONICLE
Share
Laughlin, Inc.,
12-23
(quar.)_____ -$$1.1214
preference
——
Arkansas
&
12-23
tl5c
——______
$5 preferred (quar.)
Arkansas Natural uas, 6% preicrred wuar.)
Arkansas Power & Light, $7 pfd.
(quar.)__
v
Bliss
$3
—
common
convertible
$5 preferred
Art
Name of Company
1
Edison Co,
prelerred
$5
-
12-
$1
—-
(s-a)
Ltd.,
$5
Armco
12-20
5%
tquar.j
Corp.,
FINANCIAL
Per
Payable of Rec.
10c
——
&
Holders
Mills—
preferred
Argus
Share
Corp
Cotton
When
COMMERCIAL
Peabody & Co., common
preferred (quar.)
4%
preferred
(quar.)
(quar.)
(year-end)
12-15
1-
3
12-10
$1.75
1- 3
12-20
$1
1-3
12-20
,5
~
52
THE
(2584)
r'
Name of Company
'
' *
.
Coast
Counties Gas &
4%
preferred
Cochenour
Cochran
A
Foil
Co.,
Plow
Common
Gold
5%
preferred
(now
on
Radio
12-11
12-29
12-
62V2c
(s-a)__—
1-10
(extra)
common
Ice Co., common
preferred B (quar.)
68%C
(quar.)___
1-
$1.50
$2.75 pfd.
1-
Colonial
$6
Columbia
Title
(Wash.,
Combustion
Engineering
Commercial
Alcohols,
Credit
Common
12 20
preferred
Commonwealth
11-30
12-21
Detroit
&
12-24
12-
Detroit
Hillsdale
1-15
12-31
12-
7
90c
12-31
12-
7
Diamond
«
12-11
Connecticut
Fire
3
•12-11
1-
3
12-11
1272C
12-20
12-10
12-20
Insurance
Co.
(quar.)—,
1-
$5
-
,
General
quarterly
Increased
Life
____
Insurance
;
40c
'
40c preferred
preferred
(quar.)— _-i.-_i.s-.
$2.50
Edison
$5 preferred
3
12-30
Co.
Co.
Investment
Consolidated Lithograph
3
Dominion
Coal
1-
3
12-20
Dominion
1-3
•'
4-
12-20
1
*
12-24
3-20
12-13
2-
1
90c
1-
3
12-15
$1.1272
1-
3
Extra
—
Consolidated Press.
Consolidated
preferred
Consumers
Gas
Consumers
1-
3
$4.50
preferred
$4.52
preferred
12-10
2oc
12-24
Corp.
preferred
Continental
M 4..
Baking,
Tar
$1
Dominion
'
7%
Donnell
12-27
12-10
Dow
Lomason
Chemical
$4
preferred
12-30
11-30
12-30
11-30
1-17
12-
4
Dow
1-17
12-
4
tl6 Vac
1-
1
12-15
Dravo
30c
1-
3
12-17
Duke
12-15
3
(extra)-
1-3-49
Du
Mont
1-3-49
12-10
3-
$1
—.'a
12-31
12-22
25c
(quar.)—:—
12-10*
12-27
1-
1
I.)
V% %
Co.,
preferred
Continental
Continental
Oil
(quar.)„
;
(year-end)
Corp.
a-
preferred
1945
372,%
preferred
Corroon
&
Cow
Gulch
.Craig
preferred
Co.
1-15
12-31
'!
!
12-22
25c
(s-a)_:
1-
3
12-20
2c
12-15
4
Co., Ltd., common
preference (s-a)
_—_—____—___
$25c
2-
1
1-
3
12-20
tlOc
1-
3
12-15
Crain
___
L.), Ltd.
Company, common
Crane
Extra
Cream
of
_____
(quar.).
40c
;
$1.40
Corp.—,
Creameries of America, Inc.
12-24
40c
__
Wheat
12-24
1-3
-
12
preferred
Crowell-Collier
Crowley,
(quar.)—
25c
1-
Crown
Central
Crown
Petroleum
Zelletbach
Crum
&
Forster,
Special
4
Eaton
&
Howard
Balanced
55c
12-24
12-14
Ecuadorian
25c
12-23
12-18
Edgewater
87c
Co.
(quar.)
(quar.)___—
Forster
Securities,
Class
B
(quar.)—,
Special
77c
(quar.)
preferred (quar.)preferred (quar.)
7%
'7%
Atlantic
57c
preferred
preferred
Cudahy
Packing
iVz%
Sugar
$7
D.
12-17
1
3-18
7-
1
6-17
9-30
9-16
1- 3
12-17
$1.25
1-
2
12-17
4-
1
pfd
;
15c
$1.1272
—
25c
___■
25c
-
$4
pfd.
(quar.)
75c
Cigar
Corp.
Mills,
4ta %
David
Davis
l"———
Coal
&
Coke
& Securities
preferred
Records,
3
holders
owning
12-17
Electric
Bond
ceive
12-27
12-15
1-1-49
12-10
Electric
only
Power
6%
Electric
Power
3
12-15
1-
3
12-18
1-
3
12-18
1-
3
12-18
$25c
12-31
12-15
Electrical
$50c
12-31
12-15
&
12-10
$7
preferred
Electrical
share.
per
than
All
12-16
$2
7%
preferred
(accum.)
Fresnillo Company
(s-a)
1-15
12-31
1-15
12-31
12-31
12-10
1-18
12-31
12-10
12-15
Elizabethtown
12-17
45c
12-30
12-24
12-31
1-
1
Corp. of Canada— '
Elliott
p
1-3
12-21
127aC
12-28
12-14
Elmira
payments
Froedtert
$2.20
*"
Grain
&
Malting,
1^2
(quar.)__
Fry
Fulton
12-30
12-15
Gair
1-
3
12-20
1-
3
12-20
Service
Corp.,
class
Investors
(Robert)
1-2-49
12-
3
1-2-49
12-
3
3
12-
6%
Co!,
6
Class
B
12-24
1-
3
12-
1-
3
12-15
472%
3
12-15
572%
preferred
12-15
Garlock
12-15
12-
12-28
12-15
12-28
12-15
6
12-31
12-10
1-25
1-15
1
12-20
12-20
12-10
1
1-15
2-1
1-15
(quar.)_
(Julius) & Co.,
Garreut,
$4.50
1-
3
12-28
2
12-15
12-27
12-17
25C
1st pfd.
12-27
12-17
12-20
20%
(accum.)
American
Baking
Co.,
12-
$30c
1-
2
12-
1
1-
2
12-
1
$$1.38
1-
2
12-
1
75c
1-
2
1-
(quar.)_
;
$1.1272
10c
12-23
12-10
12-29
12-17
$1.50
(accum.)
1-
3
12-10
3
12-10
—
Box
12-31
25c
12-21
12-10
12-21
12-10
15c
12-20
12-
12-18
(quar.)
65c
J-24
12-
4
4
(quar.)
12-23
12-11
12-23
12-17
12-20
12-31
12-20
12-29
$1.0674
22-
1
$2
(quar.)
3c
Brewing
Corp.
Builders
12v'-8
1
15c
(quar.),
General
12-24
1* 5»
:
*-
1-17
12-17*
12-24
12-17
12-22
11-29
12-22
11-29
Company,
5%
preference
&
Emerson
preferred
conv.
~
pfd.
(quar.)
50c
1
(quar.)
Cigar Co.
5%
3174c
(extra)
25c
(quar.)
6%
Controls
1-
3
12-22>
12-15 :
12 -Ai
25c
Co.,
common
preferred
Investors
Certificates
of
Mills,
General
Motors
preferred
1-
25c
1-
3
1-
3
3
1-25
12-17 f
12-171
12-17
12-17',
Co.
$1.75
5%
Corp.
Trust
5%
preferred
(quar.)
.$1.25
(quar.)_^._,
(Boston)
beneficial
Inc.,
11-29
25c
(quar.)
General
11-29'
12-20
50c
General Industries Co.,
Instrument
12-20
37 72C
Co.
Fireproofing
General
(quar.)
■
•
(quar.)
General Electric
7%
2
50c
preferred
General
1-
.12-31
25c
1-
3
12-17
12-28
32-17 f
3
'.A2-16'
1-
—
interest
preferred
15c
(quar.)_
12-2'i'
12-
1
$1.25
1-
1
12-10*
$1.25
2-
1
1-10
93 %c
2-
1
1-10
12-24
12-14
Corp.
(quar.)
12-11
Co.,
8%
7% pfd. (s-a)
preferred (quar,)__
_
62 Vic
1-
683/4c
(quar.)
Williamsport RR.,
Drug
(quar.)—_
1-
2
2
12-10
12-10
*
Supply Corp.—
$5
$2.75
50c
•
3
12-31
75c
A
common.....
Company
12-18
50C
12-22
15c
(quar.)
dividend
General
(quar.)__
6
15c
com.
40c
Extra
6
12-13
2
$$1.25
common
1-
Extra
12-
12-10
12-31
Transportation—
General Candy Corp.
12-20
12-15:
20c
(quar.)
(quar.)
preferred series
General
(s-a)
12-31
Investors—
preferred
57o
re¬
a
$1.60
General
12-
12-15
12-31
Extra
$8
5
1-20
12-31
I
Co.
Ame-rtcan
$4.25
12-10
1-
12.13
1
34%c
Common
$6.50
Consolidated
&
preferred
12-10
1-10
2-
25c
Manufacturing Co.
(quar.)_
12-13
12-20
1-20
12-28
3772c
(quar.)
General American Oil of
Texas,
6%
preferred
(quar.)_.
General
12-15
25c
Co.
Power
12-
6
3
28 7sC
v
:
dividend
12-22
stock
(Seattle)
(quar,)_
(quar.)
____^
preferred
General
3
1-
35c
common
preferred
Co., Ltd.,
5%
preferred (quar.)
5Vu % preferred (quar.)
Gemmer
12-
■
30c
Corp.
(Theo.)
Gatineau
3
12-20
$1.50
;__a____
Stock
Gary
3
12-
$1
(quar.)
Packing
12-24
-
12-24
will
(quar.)____
(quar.)
Extra
12-21
12-
12-20
30c
common
convertible
1-
12-24
12-10
12-20
30c
_____
12-24
12-17
12-24
10c
preferred
Garfinckel
12-15
12-30,
33c
(quar.)
Extra
4%
l-H)
1-10
12-30
$1
common
preferied
Co.,
1-
6
12-10
Inc.—
convertible
Gardner-Denver
1-14
1-14
3
25c
(quar.)
Company,
1-
10c
A
(year-end)
Inc.,
1-22
2-
1-31
•
preferred
Gannett
11-29
1-31
12 72c
Loom, Inc., common
Products, Inc
12-15
1-
177aC
the
12-15
11-29
'
Mexican
55c
Fruit
$1.50
(Calif.)
com.
12-15
12-127
'•1- 2
*
12-31
Corp.
8%*~
less
are
12-15'
1
12-20
tax.
(quai.)____
of
1-
12-20
(quar.)
1-
Co.
35c
6572c
Stock
£i'.
Consolidated
Water
!____
$3.75
preferred
'
(quar.)
General
5 72%
$$2.50
(quar.)_
Extra
Corp.—
10 %c
dividend
General
Year-end
2
12-27
$1
"
Coal
Industries
15c
50c
377aC
__
Above
General
Watch
County
preferred
Light
•
National
Canada
12-3
Manufacturing—
Special
Elgin
Steel
of
12-20
;
Products
Co.
Franklin
(accum.)
Quarterly
Pressed
1-10
shares
60
common
Light, $6 pfd.
Products
12-15
Extra
1-10
—
Extra
12-27
&
3
(quar.)__
1-25
shares,
the
cash
paid, which is equal
Ferries, Inc., common
prior preferred (quar.)
1-
12-15,-
1-
12-31
preferred
1-25
held.
„
12-10
12-15
3
12-16
Fostoria
60c
Year-end
12-10
3
1-
1-20
50c
shares
Share
&
1-
25c
(quar") II
(quar.)
12-23
cash.,
Controller
12-15
37 72c
37 72C
pfd.
12-23
$1.12.72
^
(stock dividend)
less
&
A
common
10c
prior
75c
60
50c
class
25c
1-18
"
(s-a)
Inc.
of
12-15
1-
25c
Co
Chemical Corp.
(quar.)
Dayton Michigan RR.,.87c pfd. (quar.)
Long Hook & Eye Co._
^pean Phipps Stores (year-end)_
Debenture
rate
3
$35c
12-18
1
2-
50c
be
2
1-15
50c
__
will
1-
____II__IIII
12-31
fractional
12-27
$1.12 »/2
Frere, Ltd., class A (quar.)—
of
the
12-24
(s-a)*
De
-5%
to
$1
common
Davison
Decca
lieu
equivalent
3
1-
In
12-15;
40c
~~~
3-151.
30c
(quar.)_
common
Carolina
each
12-20,
3
9-15
$1.3772
:
—
Co.,
12-24
2
1-
6-15
$1.06 74
(year-end)
of
Co.,
Corp.,
3
1-
40c
1
tl2 72c
(quar.)
for
Kleiser
1-
t$1.50
a____
10-
4
1-1-49
preferred" (quar.)
&
1-
share
common
50c
(year-end)
preferred (quar.)
Stores Corp. of N. Y.,
Bonus
One
75c
(quar.)
"
Foster-Wheeler
General
(quar.)
Electric Bond & Share
pfd.
3772c
$1
Co.__
Co.
(quar.)
1st
~
I_I__II
(Texas)
Gas
A
(quar.)_
preferred
$1.1272
Electric
Extra
57c
1-15
Boat
preferred
$12.25
(accum.)—
G.'
iJavega
prior
$2
3-17
$1.12y2
4'/2%
River
Dan
3
(quar.)
Natural
Auto-Lite
12-15
prior
$1.50
_
(quar.)
preferred
Paso
Electric
1-
50C
Inc
Publishing Co.,
preferred
W.
,
common
$4.50
El
Company
Extra
$3
Co.
1
12-23
Corp.—
1-
Stores
Electric
Electric
$1.25
_
Paso
12-17
4-
(quar.)
(quar.)
Extra
Curtis
3
$1.75
__
(quar.)
Clothing Co.,
12-17
El
12-17
12-31
$1.75
!
-
preferred (quar.)
Curlee
Curtis Lighting,
I 12-31
$1.75
•_
com.
Co.,
12-17';
Chemical
Wallace, $3 class
Foreign Light & Power, 6%
40c
47i%
12-17
5
3772c
&
(quar.)
50c
a
(quar.)^
1-
12-
7-
21c
common
1-15
12-29
37 Vic
2-15
Co.,
30c
(quar.)
(quar.)
(quar.)
$1.75
(monthly)
preferred
Z
5%
&
33c
Products
12-17
preferred
12-16
3-15
472^
3
prior
2
2-25
Bros.
12-17.
1-
6%
1-
3-25
Edison
3
3
1
21c
3
12-
1-
4-
21c
1-
12-16,
12-20.
3772C
$1.50
(year-end)
(quar.)
12-24
25c
(quar.)__.
Monthly
12-17
A_________I____I
class
12-10
preferred
$25c
,
75c
12-21
prior
$25c
(extra)
(year-end)
1
12- 6
6%
15c
(year-end)
com.
11-29
12-
1
25c
(year-end)
1-
6%
75c
new
3
1-1-49
12-15
25c
(quar.)
Fund
12-17
75c
!
of America,
Inc
Stores, Inc.—
Machinery
&
1-
$1
$30c
dividend
Common
Foster
12-10
3
12-15
Monthly
$1.75
„
preferred (quar.)
Cuban
Steel
(s-a)_
(quar.)
Co.,
1-
$2
75c
preferred
Co.
Co.
12-10
12-20
50c
(s-a)
Corp., Ltd.
$2
12-20
12-14
12-31
$1.50
Ekco
1-
1
12-15
$1.50
__
Egry
50c
12-
1
9
12-
40c
(irreg.)
common
12-
12-13
30c
,___
;
Sugar,
preferred
7%
5%
—
—
American
(year-end)
Ltd.
common
preferred
50c
Year-end
3-15
12-31
12-15
1,
12-20
'
12 7aC
Mills
Forbes
3,
12-.
12-22
12-24
Field)
B
Fundamental
12-17
.
12-15
$1.1272
3-31
40e
12-22
3
12-
30c
(quar.)
Corp
Shoe
Fair
Food
1
12-
$20c
(quar.)
Frontier
12-31
12-31
1
50c
participating preferred (quar.)____
Register, 572% preferred (quar.)_
30c
(quar.)
1-
12-27
50c
__a____
$2
_
common
1-15
12-31
prior
Steel
Stcck
12-
12-20
70c
Marshall
12 72c
(extra)
$2
_______
Special
Cuban
3
30c
preferred
&
1-
30c
^
;
preferred
;87e
Crum
12-22
40c
——
(quar.)
common
25c
,__
common
Paper Corp.,
6%
Flour
Food
$5
Fund
Manufacturing,
12-24
(see
5%
12-16
12-10
Ltd
Pennsylvania
Stove
Class
12-31
12-20
10%
Stores
Power
12-11
12-11
62 V2C
.•
,
3
11-27
25c
;
3
of
12-15
12-21
-
dividend)
Canada,
Corp.,
Follansbee
3
$627ac
a____
Stock
1-2-49
Co.
12-15
1
4
.
____.
(stock
of
1
1-
35C
(Marshall)
Florsheim
2
Co.—
1
12-15
3
1-
12-21
90c
Fund
Florida
1-
Stores
(quar.)
Products
\
6%
,
Howard
Eaton
Shoe
Corp
National
1-
12-10
1-
3C
dividend
York
1-
12-10
12-31
35c
Special
Inc.—
(quar.)
&
12-
preferred
Florence
12-22
M
(s-a)L_
Fittings, Ltd., class A (s-a),_____
Ry.—
common
dividend
Curme
Enamel
12-17
3
pfd.
'
&
12-15
1-
6%
(quar.)
877aC
Extra
Eaton
(resumed)
Corp.,
—
Kodak'Co.,
preferred
$1.50
(quar.)
(year-end)
Milner & Co.
Mfg.
First
1-
$1.12 72
(accum.)
Eaton
'
(quar.)
Publishing
Brewing Co.,
(year-end)__
Fiduciary Trust Co. of N. Y.
12-23
12-15
12-31
2
First
3
3
15c
6
12-15
12-22
50c
12-15,
12-10
1
1-
12-27
15c
3
12.20
12-
1
1-15
$1
Easy Washing Machine Co.,
4
Crompton & Knowles Loom Works
6%
6%
J.J"
4-16
13-
2
"
6
3
1-
$$1.25,
5c
(no par and $2
Stock
1-18
125c
(R.
57c
12-21
12-
$1.12 7a
Eastman
12-18
12-14
4-1-49
6c
Cash
$1.50
Association,
1-2-49
$2.50
12-20
Foundation
12-
12-18
12-31
127zc
B
Racing
$2.50
$1.1272
4
Co.
$$1.25
(accum.)
6%' preferred
12- 4
12-20
1
1-15
25c
(accum.)
Street
12-10
12-
12-21
12-20
1-
25c
(quar.)
preferred
12-24
12-21
50c
Co
12-
Associates—
Massachusetts
J 25c
3772C
$1
1-
8174C
•'
12-22
12-31
._
Fuel
12-11
10c
Formica
—
(resumed)
1
30 c
Truck
12-
1-
7
12-11
1-
Motor
Feltman
Field
12-
1
567.C
Extra
preferred
&
Insurance
'
Fibre
12-15
12-27
1-
Co, (irreg.)
Shops, Inc. (quar.)_!
Tarrant
"5%
12-20
30c
Enterprises, Inc__
Mining & Smelting___
12-29
1-15
*
common"
preferred
Com
1-15
$1.75
par)
(reduced quar.)
$1 preferred (quar.)
:a_,
Eastern States Corp., $6 pfd. A
(accum.)
$7 preferred A (accum.)
877aC
.____
new
prior preferred
Eastern
3
Gas—
6%
12-120'
12-18
1-
Co.—
&
Life
Year-end
Ferro
12.14k
12- 1
20c
•I.
3
Inc.—
(quar.)____
6%
12-14
12-14
3'
Gas
47»%
jL2Ll4
87 72C
___
(quar.)
Eastern
1-3-49
50c
$5 convertible
preferred
(resumed)_______
Duval Texas Sulphur (year-end)
East Pennsylvania RR. Co.
(s-a)
Eastern
(quar.)
Bit
Oil
1-
12V2C
(quar.)
(initial)
Reynolds Corp.
dividend
$1
12-28
10c
$1.3174
1947 series
series
12-28
75c
6
12-20
<
$5.25 preferred A (quar.)—
Corning Glass Works, common
3'/a7c
12-
5
50c
——
Electric
1-
2
12-15
2
12-20
75c
Cooper-Bessemer Corp., common (quar.)—$3 prior preferred
(quar.)—Copeland Refrigeration (quar.t—
a-.
Corner.-Dubilier
1*
$1.13
$1
Corp.
12-
1-
$1.75
(quar.) 1a___
(quar.)
Natural
convertible
$4
12-18
3
12-31
50c
(Del.)
Steel
I-
$1.25
12-15
$1.75
1
Duquesne Brewing,
common—
Laboratories,
de Nemours
12-18
Duquesne
1-12
2-1-49
$1
♦
—
(quar.)
-
(E.
1-
(quar.)——.—.—-a
!—
(quar.')______
preferred
40c
3
7
25c
div.)_—
(cash
(initial)
preferred
increased
7
X-
25c
preferred
3
1-
3772c
—
Dumont
Pont
2-1-49
2-1-49
$20c
(quar.)
common
preferred
B
-$4.50
<1-
*
12-28
$$1.75
______
du
12-15
12-27
$1.3772
12-15
1-15
$15c
(quar.)_—
12-10*
•
12-28
12-21
5c
Finance
12-10*
2-21
1
";30c
B
12-28
1-15
$25c
(initial)
conv
1-15
-
Electric Corp
;___—
Dunlop Tire & Rubber Goods Co., Ltd._^
Dun & Bradstreet, 472 %
preferred (quar.) _*
Dunlop Tire & Rubber Goods, Ltd.—
1st
preference
(s-a)
;
Duplan Corp.
(s-a)
:
12-15
12-27
$1.50
—i.
5%
■
12-10
3
15c
'
Rubber
(Frank)
&
12-17
1-
Co.—
Extra
Felt
12-31
3
$1
(Allen)
A
1-15
1-
35c
(s-a)
(quar.)i____
.$3.50
Gin
12-31
$25c
——
common
common
7%
12-15*
preferred
1-15
t44c
Corporation, 4% preferred (quar.)
Co., common (year-end)
preferred (quar.)
Class
12-10
$1.13
A
Co.,
12-14
4
Fehr
12-15
J35c
Power
7%
12-17
■1" 3
$1.1272
,—
B
Ltd.—
(3-a)
Traders
Bake
Federal
3-17
1-12
2
30c
Co,
& Instrument
'
Draper Corp.
Drug
12-31
5%
2-17
3-31
$25c
$3.25 2nd preferred
25c
,
2-28
t75c
$25c
class
Co.,
Co.
Co.,
93 %c
Continental
Federal
$25c
Mudge, Ltd.,
(quar.)
Common
1-17
J1272c
(quar.)____
&
$20c
1-
preferred
12-31
1-31
(quar.)_
(quar.)
&
Douglas
Class
$3.75
Co.,
1-31
Faultless
•Fidelity
Ltd.,
12-20
1-
65c
Extra
$$1.25
Coal,
Textile, Ltd.,
Continental Copper & Steel Industries (quar.)
Continental Foundry & Machine—
Can
Federal
12-10
5
Chemical
A
Class
12-13
50c
Continental
12-10
1-
*25c
&
&
preferred
12-13
4
*
common
3
12-27
25c
—
12-18
1
25c
___
(quqr.)__f_i_'_I
12-27
(accum.)--
common
(quar.)
preferred (quar.):
150c
(quar.)"—
preferred
pfd.
(quar.)
Steel
150c
(quar.)
6%
1-15
12-30
12-
'
&
Federal
Common
12-27
30c
$5.50
12-15'
12-31
53c
Co.
1
12-10
tl772c
(quar.)
Dominion
12-27
(Toronto)—
Assurance
12-
50c
(quar.) __a_a
Malting Co., Ltd.
175c
com.
Ltd.,
Co., Ltd.,
preferred
$5
<quar.)_*
—
12-20
$26c
1272C
(Syracuse)
(quar.)
1
Quarterly
Farrell-Birmingham & CO. (year-end)^—
Fashion Craft, Ltd:, 5%
pfd.~ (quar.)
fashion Frocks, Inc.
12-15
6272C
preferred
5%
-a
12-15
12-31
$1.25
Extra
Continental
7%
Co.—
(quar.)
3
t$l
Glass
Dominion
35c
(s-a)_
(quar.)
1-
11-29
Corp.
Farmers
12-15
25c
Dominion
35c
—
(quar.)—
of America,
3
12-20
;___—__
Extra
12-13
1-
25c
•
Ltd., common (quar.)
5% non-cumulative preferred (quar.)__
Dominion Foundry & Steel, Ltd. (quar.)____
12-15
12-31
$1
15c,
(quar.)
Co.
Power
12-29
10c
_______aa
Co.,
Dominion
Ltd., class A (quar.)A—
Stores, common (quar.)
Retail
12-13
75c
Common
12-15
—
Ltd.
Ltd.
12-10
1-
12-15
$1
Finance
25c
Common
1-30
3
•
Mfg.,
Corp.,
2
12-29
Disney
x________
Dairies,
1-
•
Paper
Walt
(see
—
12-
1-3-49
Cpnsolidated Investment Trust (Bostoni
Consolidated Liquidating Corp,
(liquidating)
Consolidated
3
12-15
1
1-
1-1-49
_________________
(resumed)
Corp., conqmon (quar.)____
472%
preferred (quar.)
Famous Players Canadian, Ltd.
(quar.) ____
Fanny Farmer Candy Shops (quar.)
11-27
12-
12-15
12-20
ioc
(s-a)—;
Fairchild Engine & Airplane Corp.
Family
12-31
1
1-
2c
Year-end
12-18
1-31
5c
(quar.)
Excelsior Insurance
11-27
12-31
$50c
lc
(quar.)
Co.
1-25-49
Ltd.—
Co.,
preferred
Ex-Cell-0
12-20
25e
$1.50
(s-a)_
—__
Inc
(T, H.)
Products
75c
12-20
m
(quar.)
Trust
3
12-20
35c
Mines, Ltd.A___
_x_______
Dominguez Oil Fields Co.—
Commoxj
-
Consolidated
3
1-
25c
:
12-20
25c
■:,J
—
common
1-
50C
—
5
12-22
$1.75
Dome
Y.—
(quar.)——_
Consolidated Grocers Corp.,
5% preferred (quar.)—_
12-24
1-
li_
(quar.)___
Extra
Gas, Electric Light & Power
Baltimore, common (quar.)—
preferred B (quar.)
—i—
preferred C (quar.)—-
47c
Extra
2
10c
of
Utilities
1-15
12-21
$1
(quar.)
Eversharp, Inc., $5 preierred (quar.)
12-16
13-15
3
:___.
FairChild Camera
(reduced)
Dixie Cup Co., common (quar.)—
Class
A
(quar.)
__a—;
Doehler-Jarvis Corp.
(quar.)____—___
3
50c
(quar.)
Gas
5
Co.
Corp.
1-
10c
'
■
414 %
Container
Theatres
1-
Consolidated
4%
Consolidated
1-
30c
—
RR.
(quar.)_
& Sons,
15c
(annual)-
(quar.)—
N.
of
Car
Production
1- 3
$1.25
Goods
75c
4.16%
Evans
3
1-
Heating Products, Ltd.______—
Corp., partiC. preferred—
'
*
preferred
non-cum.
Dry
Consolidated
12-10
(irrcg.)
'
(Henry)
$1
______—
(quar;)___a_^.—
Consolidated
47»%
(Walt)
50c
Consolidated Cigar Corp.' (-quar.*aj.;
——_
Consolidated Diversified Standard Securities,
Co.
TJ Motor
30c
Light <fc Power (year-end)——
Inc., common.^.
12-10
12-24
a
:
Common
Special
12-24
Productions)
Co.—
Connecticut
Connohio,
1-
3
12-30
$12.50
Connecticut
12-23
preferred
Participating
Equity Corp., 20c preferred
Erie RR. (year-end)
12-23
$1.75
12'/fee
—
(quar.)
1-
50c
Credit
Estabrooks
12-15
$1.75
Equipment—
Participating
12-20
A
Disston
12-10
—_—
—
2
(year-end)
class
District
•
$1.75
(quar.)—V
1-
25c
12-10
3
3
-1-
$1.50
•_
(quar.)
1272c
12-14
Disney
11-
,
12-10
»
„
Di
2
$1.50
Equitable
(quar.)__u_——
Y.—
Dewey & Almy Chemical (quar.)—
Giorgio Fruit Corp., $3 preferred
6
12-
12-24
Enamel- &
12-20
;
Products
B
12-
572%*
Compo Shoe Machinery
Class
12-21
12C
12-10
12-20
25c
&
convertible
12-15
2
Soqtiv Western
Reynolds,
12-20
(year-end)_____
(quar.)—
Steel
&
25c
10c
preferred
$7-preferred
&
4%
3
1-
1-
Brass
Semi-annual
Devoe
377ac
i——■
(quar.)
12-31
5c
Corp.
(quar.)__
Edison Co.
Detroit
St Stamping Co.—
12-10
L-.——
Tunnel
90 c
(accnm.)—---^—
$6
Canada
2
Detroit
a_a
:
quar.):
&
12-31
(quar.)
Water,
Aluminum
12-31
-
12-31
12 72C
7%
$10c
;
$1
Derrick
Emsco
12-31
25c
(quar.)
Mfg.
Holder»
Payable of Bee.
Share
\
Company
Electric
Co., common
7%
preferred
(quar.)
1
Emporium
Co
Capwell
*
preferred
1-15-
$5c
3
Emerson
11-29
(quar.)__
12-21
12-31
3
12-
12-20
-—
-
Supply Co. of N.
preferred
(quar.)
12-31
pfd.- (quar.)as- $1.37 Ta
Commonwealth Water & Light Co.—
i
:
-
convertible
12-24
Southern—
Si
preferred
Commonwealth
Ltd.,
5%
(reduced
12-
1
927ac
ptd.
(quar.)
Dentists'
$4
—
quar.)
Commercial Solvents. Corp.
Commonwealth Investment
$6
Common
12-20
1
Co.—
(Increased
Commercial Sheafing
Increased quarterly
-
Delta
Co.
1
1-
$1
Denman Tire & Rubber—
Electric
1-
Name of
12-16
$1
(S-a
12-20
12-23
4
15c
(quar.)
.
Delaware RR. Co.
Detroit
common—-——
(quar.)
preferred
Commercial
Co.——
Ltd.,
Co.
Delaware.Power St Light, 47<>
3.70%
preferred
(quar.)
15c
-t—
Hudson
&
1-
When
Per
Payable of Rec.
3%
12-14
'
C.)—
D.
—•,
Extra
3.60%
Delaware
Monday, December 20, 1948
Holders
5c
dividend
25c
(quar.)___
Insurance
Semi-annual
.
2
Stock
20c
Colorado Fuel & Iron
8%
3
1-1
$1.50
-
___—
•
12-31
87 72c
1
5-
,
12-24
$1-
—-
2-
6-1-49
When
Share
0} Company
Manufacturing Co. (quar.)__,
Dejay Stores, Inc. (ca3h dividend)
(quar.)_
3
12-31
3-1-49
20c
—
(quar.)
Co.,
20c
quarterly basis)—
a
____
preferred
Collins
12-31
$4C
1
(quar.)
Colgate-Paimoiive-Peet,
$3.50
25c
—
_
Co.—
Common
Name
Decker
Ltd
Mines,
CHRONICLE
Per
Payable of Rec.
Ejlectric—
(quar.)__
Wilans
Cockshutt
Share
'
FINANCIAL
&
.
Holders
When
Per
COMMERCIAL
Public Service Corp.—
Common
(year-end)
$4
conv.
$1.65
1-
3
12-20
$5.50
50c
1-
3
12-L5
$6
preferred
preferred
preferred
(quar.)
(quar.)
(quar.)
*
25c
$1
:___
2-
1
$1.37 72
2-
1
12-31
$1.50
2-
1
12-31
12-31
Volume 168
Number 4761
THE
Per
Name of Company
Share
-
General Railway Signal Co. com.
6% preferred (quar.)
General Refractories Co. (quar.)
(year-end)
50c
$6 pfd. (accum.)
Telephone Corp. (quar.)
1
General Time Instruments, common
(quar.)_
Tire
4% %
(quar.)
Rubber
&
Co.
Safety
Co.
Razor,
Coal
Shale
Extra
Highland
12-31
12-21
Glens
12-15
$1.50
1
12-15
Hmae
$1.12%
12-30
12-15
$1
12-20
Quarterly
:
Hobart Manufacturing Co.
(extra)
Holland Furnace Co.
(quar.)
15c
12-16
$1.25
2-
1
50c
12-20
1-
3
12-
3
50c
12-20
11-30
12-24
12-14
$4
(N.
12-14
Holly
12-31
12-23
1-.3
12-10
1-
12-10
40c
1-
3
Stock
4%%
dividend
(increased quar.)
Godman
(H.
(quar.)
$2.50
45c
(quar.)
'
$1
11-26°
11-24*
Honolulu
12-17
Hooker
\
$4.50
12-15
Hoover
Ball
12-10
Hoover
$5
1-
3
12-10
t5c
1-
3
12-10
25c
1-15
12-27
$1
12-31
12-13
Horne
$1
12-31
12-10
12-31
12-10
3
12-17
12-31
12-10
75c
common
(quar.)
__
Goodyeai Tire & Rubber
Co.
of
12-24
12-
$1.25
__
(W.
.334% preferred (quar.)
Gray Drug Stores, Inc.
Great
American
ZZZZZZ
Lakes
Great
Lakes
Industries, Inc. (quar.)
Paper, Ltd. com
class
A
class
preferred
B
Iron
Certificates of
Great
50c
Co.,
convertible
West
6%
(B.)
4y«%
(quar.)
Wire Co.,
Corp.,
Griesedieck
Western
(quar.)
Co.
Co.
-
Ltd.___
6%
,__
pfd.
(quar.)__
(quar.)
Realty
Co.
&
6%
pfd.
(Dallas.
Gulf
year-end
shares
Power
Co.
(quar.)
Texas)
_______
(incrd.)
5 7o
12-20
12-28
(One
of
Canada,
(stock
dividend)
12-20
11-15
Ideal
.12-20
11-26
Illinois
12-21
$4.75
4%
12-17
12-13
Imperialle Fuels,
$1.50
12-28
12-18
Independent
35c
1-14
12-28
1-
•
Increased
12-10
3-30-49
4
3-10
6-30-49
6-10
1-
2
11-19
I" ?
12-20
Stock
6 V2 %
f25c
6-
1
5-
Co.
1
5%
9-
1
8-
12-
1
11-
2
12-
8
1
1-
2
12-
Harris-Seybold
$5
1-
2
12-
2
12-
8
12-30
12-27
1212-
6
Hart
&
12-20
B
4%%
Hazel-Atlas
Glass
Hein-Werner
Z
'
Heinz
(H.
*3.65%
J.)
Co.,
(Walter E.)
Extra
~
1-
preferred
5%%
Helme
Extra
v
7%
W.)
(quar.)
„
ZZ
ZZZZZ
ZZ
com.
1-3
12-13
$37yac
common.
;5%'
Klein
Ltd.
I
~
(s-a)___
Business
^
12-23
12-23
12-29
4%
12-10
1-
1
40c
12-21
110c
120c
12-
7%
-
Co.
of
Ltd., 5% pfd. (s-a)__
Products Corp. (quar.)
12-
6
International
Silver
Staple & Machine—:
75c
1-
3
12-23
International
25c
1-10
12-27
Interstate
1-10
12-27
$4.80
Interstate
b%
1%
preferred
(quar.)
ZZ
(initial)
1
12-10
Interstate Department Stores
1
12-10
Interstate
15c
1-
2
12-20
30c
1-
2
12-20
__
$1
1-
2
$1.37%
1-
2
(quar.)___ZZ_Z__ZI
40c
1- 3
12-23
43 %c
1-
3
Investment
12-20
Investment
of
Year-end
12-20
Co.
12-
6%
4
12-
4
12-
4
'
12-15
3
12-
7
Class
3
12-
7
75c
12-30
12-10
12-30
12-10
12-20
11-22
11-22
2-
1
1-15
25c
12-20
12-
1
12-22
4
12-
7°
1-
1!
1-1
12-27
12-16
30c
12-31
12-15
$1.25
12-31
12-15
50c
(quar.)_,
1-14
12-20
(quar.)
6
12-23
Corp.
12-11
$1
12-23
12-11
1-15
12-15
1-15-49
51c,"
82 y2c
12-24
1-
1
12-15'
12-10
12-15
Loew's
Loft
12-10
1-15
1-
3
12-31
12-31
12-15"
12-: 3
12-27
12-10
1-2-49
12-22
4-1-49
12-24
1-2-49
3-22.
12-14
12-17
1-2-49
12-17
12-20
12-7
12-28
12-22
12-17
12-27
12-31
12-15
1-
3
12-15
l'4-
3
12-J7
1-14
1-
3
12P-21
12-
7
2v 1
62V2c
12-J1
12^17
1-
3
1-
3
12-15
1-
3
12-15
12-28
12-21
12-28
1-
12-21
3
12-23
12-20
12-10
12-28
12-lOf
50c
(Va.)
12-20
1-
3
12-10
12-10
25c
t
1-15
12-31
45c
1-15
12-31
—
Corp.
(extra)
12-15
12-31
12-15
12-31
12-15
6O0
96'/4C
—
12-23.
2-
12-13
(year-end)
I-15
12-22
11-29
$3.50
A
1
$2
(quar.)
12-22
11-29
quar.)
12-13
4%
pfd.
(Greenville,
S.
(s-a)
25c
12-23
50c
1-15
1-3
f25c
(increased
Co.
12-31
$4
class
A
1-31
12-31
1-
12-16
$2
3
C.) —
—
Insurance
Co.
1-
30c
1- 3
12-10
30c
(quar.)
1-
12-10
18%c
10%
' $1.75
1-
3
3
3
12-28
1-
2
12-23
12-10
12-16
12-10
(Fort
(quar.)
30c
Co
_Z_.
Corp.
class
RR.
1
1-
7
12-18
12-29
12-15
12V2c
Co.—-
(quar.)
1
12-15
12-31
12-15
12-22
12-15
$1.50
50c
&
12-31
1-24
2-
25c
50c
RR.
1
37V2c
$1.10
(quar.)
(quar >
—
Co.
3-
25c
A
Navigation
Chain
2-
$1
$1
—
1-
3
12-20
3-10-49
2-24
12-10
II-24
3-10-49
2-24
1-15
12-17
Coal
75c
Inc.
(quar.)
(Marcus) Theatres,
Year-end
12-17
12-17
12-30
12-
3
37'/2c
12-31
Ltd._____
12-10
t$l
12-31
12-10
(quar.).
$15c
1-
2
12-10
tlOc
1-
2
12-10
87>/2c
12-23
12-10
$1
12-23
12-10
Corp
Hosiery
Star
12-27
12-27
50c
Corp..
40c
20c
Aircraft
15c
Mills,
Ltd.
Extra
Lone
3
$25c
capital
Candy
London
12-10.
1-
37'/2c
Extra
Loew's,
3
30c
(quar.)
Schuylkill
12-15
$75c
•
Co.
(s-a)
3
1-
12-10
1-
$1
Guaranteed
Steel
12-10
3
$3
Guaranteed
Lockheed
3
$1.50
—
;
(s-a)
Special
Co.
I2Z15''
1-
t$l
(quar.)—___—___
Insurance
Special
Locke
11-30.
12-24
30c
Co.
O'lglnal
2
1-
30c
Co.
Indiana)
Miami
12-28
*$1.50
:—
(reduced)
(quar.)
(Thos. J.), Inc., 6% pfd.
(quar.)—
Brothers. 6% preferred (quar.)
12-10*
$50c
(year-end)
(Sarnia, Ont.)
com.
convertible preferred
12-23
$1.50
25c
pfd.
$1
1-
12-30
37y2c
Lipton
Little
—
Delaware,
Corp.,
Match
Little
$1.20
Foundation, Ltd., com. (interim)
preferred (quar.)__
of
Ins.
Lipe Rollway
12-10
12-16
(quar.)
Investment
National Life
Belt
11t30
12-'7
12-30
tl2V2c
Extra
Lion
Lit
12-
Inc.
Link
12-21
5c
Liberty Products Corp. (stock
dividend)
Liggett & Myers Tobacco, 7% pfd.
(quar.)_-
12-15
12-20
convertible
Investors Management Fund,
Iowa Power &
Light, 3.30%
12-20
12-27
(quar.)__
!_
3
30c
(interim)
preferred
America
1-
12-22
$1.50
(quar.)
preferred (quar.)
Lincoln
II-30
20c
B
Wayne,
1 i-20
75c
Life
4.
12-17
12-22
7V2c
:_____
Brothers, Ltd
Lexington Union Station Co.,
Liberty
12-20
f25c
Wilkes-Barre
Quarterly
Liberty Loan
12-20
12-
$1.12,/a
(quar.)__
(quar.)_
Leighton Industries, Inc., class
1-
15c
$6
pfd.
Extra
Stores
12-15
$1
(James) & Sons, common
3.85% preferred (quar.)
Lerner
2
12-15
$1
<s-a)
&
1-
50c
_•___—
Lees
Lehigh
12-20
12-15.
50c
&
preferred
1-
—5c
Co
Telephone,
1-15-49
43%c
quar.)
(The), com.
(quar.)
1-
Power
(quar.)
______
1-
Interstate
12-15
$1.25
pfd.
(initial
(quar.)
Company
prior
.
_______
com.
1-15-49
$50c
(year-end)
Co
Bakeries,
preferred
12-17
10-30
+40c
Paints,
Co.,
3
t$1.75
Shoe
International
6
1-
12-31
t40c
—
International Salt Co.
12-
12-17
Ltd.—
—
International
12-17°
7°
12-27
$40c
$$1.12Mi
(quar.j
12-11
3
1-
12-17
35c
(quar.)
Canada,
12-11
1-
.
3
$1
12-11
12-31
1-28
1-
50c
2
1-18
12-15
Corp.—
:
25c
30c
Nickel
Chemical
2
1
1-15
3
25c
—
Lewis
________
1-
2-
6%
1-
25c
:
:
Common
12-28
3
37y2c
(initial quar.)
;_
preferred (initial quar.)___—_____
7
3
1-
37V2c
common
$1.80
1-
20c
--i
j.
Lawyers Title
1-
Co.—
quar.)
(quar.)
1-
12-22
12-10
12-28
Ltd.—
12-23
$1.25
$1.12%
Minerals &
preferrea
International
7
12-20
7
1
12-31
25c
________
—
(extra)
(s-a)
Sessions Co.
1-
$37y2c
y
Extra
12-31
1--3
12-20
12-10
12-15,
1-
30c
(extra)
Lang (John A.) & Sons, Ltd.
Langendorf United BakeriesNew
12-22
12-30
$1
Extra
(quar.)
Common
12-22
1-15
12-20
30o
Industries,
(increased
preferred
International
12-11
$1.12%
preferred
Common
1-14
3
$$4
37V2c
(quar.),
International
12-11
$1.25
A
4V2%
12-11
12-23
12-16
1-29
1-
30c
Metal
Class
12-15
12-23
12-30
.
5%
common
Co.
Machine
12-19
$1.12Va
i
Landers, Frary & Clark (quar.)—
Landis
11-15
12-22
35c
quar.)—
Year-end
20c
(quar.)
Publishing
International
3c
12-22
I-3
2
,25c
:
&
12-15
1-
$1.50
Co
Corp.
12-15'
3
$2.50
(s-a)
preferred
20c
(accum.)
6
12-15
12-22
1-3
12»/2c
Educational
1-
12-15
12-31
3
$1.25
;
Co.
1-20
3
1-31
1-
15c
preferred
6%
3
1-
$3c
(quar.)
_____
Machines—
Cellucotton
International Harvester Co.,
1-
Lamson
3
1-
1-31-49
25c
(quar.)
(quar.)
Light___.
Loan
12-11
75c
(quar.)
(quar.)
preferred
Extra
12-13
12-
$$1
.
8
3
3
Lambton
3
$1.12y2
Mines, Ltd. (irreg.)
Lambert Company (quar.)___
12-6
$$2
(s-a)
12-
1-
12-20
1-
$75c
Special
$3.50
3
Year-end
12-10
12-; 1
1-
$50c
Lamaque Gold
12-21
2y2c
Special
12-16
A u'
3-"l
12-22
10c
common
International
12-14
12,-46
12-15
3
37'/2c
Ltd
Steel
Lamson
Ltd.,
dividend
Gas
Laclede
80c
3c
Inc.
12-15
3
<
Zil.;
Laclede
.
common
Industries, 4%
(John)
$1
12-15
1-
3
•
1-
$3
12-15
1-3-49
,,.12-^0
•
-3-10
2y2c
3
12-14
' ,-vi
-
16c
—__
2
1-3-49
La France
Labatt
3
1-
12-31
$1.75
Mfg., 4Vu% preferred A
Kuhlman Electric, Co
12-10
12-31
1-
(quar.)
(quar.)
&
2-14Z
1-15
30o
'
Kroehler
12-10
12-31
1-12
*r •.»
1-2
Stock
-
common
(increased
(S. ,H.)
'2-14
1
35c
Emil)
Company
Koppers Company, Inc.—
preferred
1
3-
37J/2c
!—
(quar.)
(D.
Kress
3-
50c
—
preferred
preferred
12-31
$$1.25
(quar.)
Co.,
A
(quar.)__—
Corp.,
Common
12-h
25c-
convertible
$1.50
1-19
12-15
75c
Kingsport Press, Inc. (quar.)
Kinney (G. R.) Co., Inc., common
Kirsch
Company, $1.50 preferred (quar.)
12-31
$$1.06yi
1-
60c
$1.25
9
Ltd.—
45c
—
preferred, $25 par
12-13
Shares
12-22
35c
ZZZZZZZ"
ZZZZZ
new
12-
3
2nd
conv.
4%
3
_______
9iy4c
(quar.)
& Co.,
4%
1
12-18
12»/ac
common______—
____________—
.preferred
King-Seeley
12-
2
$1.12%
Extra
12-14
1-
Steamship Co.
(year-end)
Telephone Co., com. (quar.)
6% non-cum. preferred (quar.)^
International Bronze Powders, Ltd.—
6%
partic. preferred (quar.)
95c
(quar.)
(quar.)
preferred
(G.
(quarZf
;
___,
4%
12-14
:
25c
$1.25
common
12-27
12-27
1-
Inter-Mountain
35c
:
(quar.)_.
& Co.,
12-28
$1.06 V*
Interlake
12-15
65c
common
preferred
Heller
preferred
12-10
15c
(quar.)
(quar.)
(year-end)_.
Corp.
3
$1.03 Ya
Special
(quar.)__
1-
12-21
50c '
___
International
___
;
preferred
$30c
.
Certificates,
Coal
2
12-18
Co
Cooley Co.
Tobacco, $3 non-cum. pfd.
Hat Corp. of America, class A—
1
—____
Extra
1-
$1.06 V*
Hartman
Class
(s-a)
—_____
Intercolonial
Y.)—
pfd. 2nd issue
(year-end)
1-10
(quar.)_
—
Inter-City Baking,
6
1-15
12-18
common
5%
12-15
2-
Corp.
Group
Corp.,
Keystone Pipe & Supply, 5% preierred
(Walter) & Company
Co.—
Extra
12-17
12-20
12-28
(quar.)___
Co.,
2
1-
50c
(quar.)_.
Shares,
Insurance
Insuranceshares
12-16
12-28
Harrisburg Gas Co., 4%% pfd. (quar.)—__
Harrisburg Steel Corp, (increased quar.)
Hart Battery Co., Ltd
Extra
'
Hart-Carter
v'
.
,
common—
Silica Corp.—
preferred
(accum.)
Institutional
8
1-
35c
1
Co.,
preferred
•
.,.
2-1
$25c
_——______
8
150c
$1.12%
(quar.)
12-15
,
——
pfd.
Mfg. Co. (quar.):
Ingersoll-Rand Co., 6% preferred (s-a)
Inland Investors
(year-end)
Inspiration Consolidated Copper (year-end)
1
1-
120c
preferred 2nd issue
12-31
20c
quar.)
(quar.)
Rayon
International
(initial)
50c
^
12-1
1-
25c
Kimberly-Clark Corp.,
1
12-27
10%
(quar,.)____
(increased)
Addison Mines, Ltd
Keyes Fiber, 6% prior preferred
4u2%
2-
25c
Kerr
12-10
*
Ltd.—
partic.
$1.50
;_
.
12-24
11-16
4
1-15
$1.25
preferred
Year-end
1_—
Kerite
Company
12-15
...
Industrial Stamping &
1
110c
Aircraft
•
:—
Industrial
2-1
35c
Harnischfeger Corp. com.
12-15
12-20
60c
certificates
dividend
2-1
1
25c
—
Extra
Canada,
6%
Michigan Electric
Industrial
3-
V
ZZ
preferred (quar.)
Harding Carpets, Ltd
Harlow
of
(increased
Pneumatic_Tool Co.,
5%. preferred
-Harbison-Walker Refractories—
Extra
12-20
1—$1.18%
Co.
Ltd.,
preferred
3- 1
$1
.Winkle-Munning
12-31
—.—_____
11-19
;
Ye %
t25c
U2 y2c
quarterly
Hanson-Van
&
25c
(N.
12-11
'
25c
:
Indianapolis Water Co., 4}Ar/o pfd.
5% preferred (quar-.)
Industrial Acceptance Corp., Ltd.,
4Vz%
preferred
(quar.)___,—_
8%
__;
Co.
2
$10o
——
(quar.V^
trust
Indiana
25c
;
Insurance
preferred
Voting
7
1-
1-
!
of Canada, Ltd.
(quar.)—
Company, $4.50 preferred (quar.)_
Kennecott Copper :
12-30
1-15
common____
Kidde
(quar.)
(quar.)
RR.
Gas,
(s-a)
(quar.)
12- 3
1
3
$1.75
Kendall
12-20
2-1
$2
Telephone ,Co.r-_^
Imperial Tobacco Co.
12-11
3
3
—___
Hanover Fire
preferred
Terminal
B
1-
12-20
40c
Kelvinator
-
(increased)
Commercial
1-
37y2c
(quar.)
Paper Co.
preferred (quar.)
preferred
(quar.)
%%
Co.
1-
25c
Extra
41/* %
Cement
Class
12-
$1.25
—_____
Kelsey-Hayes Wheel, class
12-15
3
12-30
$25c
Louis)
(James R.)
preferred
1-
1-14
$1.50
—
Investors
Illinois
12-15
1-
$1.25
(s-a)___
(St.
(quar.)
(quar.)
dividend
12-10
25c
Incorporated
25c
(quar,).—',
Bridge Co., Ltd
Mfg. Co. (quar.)
$$1.25
—
11-15
1
12-20
6%
112-31
$1
Kelling Nut Co., 6% preferred '(quar.)_
Kellogg Co., common (increased quar.).
12-10
RR.—
Leasehold
12-20
1-
12-20
70c
Extra
Hammermlll
4
50c
—-
(quar.)_
Interim
Income
12-13
12-13
,10c
(quar.)..
preferred
Hamilton
8
-
2-
1-
$1
:—
preferred
Kearney
1
12-
2-
95c
(quar.)
Year-end
8
12-
12-11
10%
Quarterly
4%
12-
1
3
Halliburton Oil Well Cementing Co.—
Hamilton
1
1-
1-
|20c
(irreg.)
common
1-
$75c
Leased lines 4% guaranteed (s-a)
Imperial Tobacco Co. of Canada, Ltd.—
120c
Haloid Company,
Extra
$25c
12-
130c
______
Co.
<—
lz-10
12-31
pfd.
(quar.)
Drug Co., $4.50
Kawneer Company
12-24
i-18
$1
—
1-10
.
1
10c
—.—
12-20
12-20
3
Ltd.
common..
(s-a)
Lamp
$1:37%'- 12-30
50c
3
12-31
$5
12-20
25c
1-
$1.50
:— '
."
preferred
Stock
2-
2-
Co.—
City Southern Ry.
preferred (quar.)__:
Katz
12-20
.
12-30
—
1-
1
3
1-
.———-
t5c
f25c
Printing Co.
12V2c
r_____
—.
:_
Illinois Central
$1.50
:
M.)
12-10
$1.25
12-10
shr.
(quar.)
Extra
(W. F.)
Extra
12-10
12-28
——
3
J25c
Hall
12-10
12-28
12-10
25c
_____
(quar.)
7%
preferred
(quar.)
Kansas-Nebraska Natural
12-31°
12-28
$6
12-31*
1-15
62 %c,
(quar.)
com.
Inc.__™
B
9
3
$20c
Co.__.__
Kansas Electric Power, 5%
preferred
Kansas Gas & Electric, common
12-17
20c
Co., Ltd., common
preferred (s-a)!
preferred
12-
3
1-15
preferred
5%
1-
50c-
-
___.
1-
for each
____Z___._____.___Z—
Corporation
12-23
Furnace
preferred
r2-14
12-10
1-
50c
Light, 4%
4%
12-29
12-20
35c
(Ottawa)
:__—"
3.80%'
12-20
50c
(quar.)___
Hydro-Electric Securities Corp.—
11-30
1
1-
Ltd.
City Public Service
preferred (accum.)
Kansas City Power &
12-13
$1.50'
&
Extra
Kansas
12-14
$1.50
____
5%
1
93%c
Material,
(Harvey),
12-
Co.,
Kansas
12-15
3
12-24
56y4c
(quar.)..
Felt
A
1-
50c
.__
40c
75c
1
Co., Ltd.,
12-27
'
„
,
Extra(C.
3
$1.25
<quar.)_,
common
Alabastine
&
$l'preferred
Hall
1-
$1.25
dividend
pfd.
$6
-50c
tl2y2c
$1
Huron'& Erie Mortgage
Huttig Sash & Door
12-20
J25C
Brass
Hajoca
1
12-22
stock
Quarterly
Quarterly
Quarterly
1
1-
$1
dividend)
Sulphur
12-8
(quar.)
Corp
$3
preferred
Extra".
Hahn
Hubbard
Hubbell
held).
Gypfeum Lime
i
Quarterly
'
12- 2
12-16
$1.25
(cash
12-20
12-20
Stove
12-15
12-29
$1.25
(quar.)______
iquar.)__
Kalamazoo Vegetable Parchment Co.
8
8
Publishing
12-15
11-30
65c
(increased)
___l
Motors
$1.25
;
of Texas Gulf
'65
'
12-31
35c
preferred
Corp.
Process
12-30
Corp.—
preferred
$5
12-
12-
12-30
(Texas)
Electric
$1.50
Engineering
Ohio, $5
$5
Special
5%%
75c
;
Co.,
Insurance
Mobile
!
Howell
25c
(quar.)
_
Gulf
Oil
Houdry
2
$1.06 Va
._
Sugar, $5 preferred (ouar.)
Trust Co. (N. Y.)
(quar.)
Gulf
12-20
12-20
(year-end)
:_
(quar.)
preferred (quar.)
$1
&
25c
30c
$1.75
(quar.)_
(quar.)
Year-end
Gulf
2
12-
(Winnipeg)
Guantanamo
Guilford
12-10
12-
t$3.75
Brewery
Aircraft
Guaranty
12-23
12y2C
(year-end)
Watch
Grumman
<'
12-10
$ 1.12Ma
common
preferred
Class
__.
Corp.
Kalamazoo
1
1
20c
1
Journal
2
12-22
Co.
11-
12-20
87'/2c
common
;
2
12-
Extra
(quar.)„
Extra
Gruen.
5%
12-31
t75c
common
preferred
Grinnell
12-20
12-31
Extra
.
12-
12-28
50c
:_
(quar.)
Field
t30c
common
Water System,
Greyhound
Oil
$1.50
(year-end)
(quar.)
Sugar Co.,
preferred
Greenwich
1-14
Houston
Saddlery Co., Ltd.—
Western
7%
10c
12-20
Fefss
12-28
n
Assurance
2nd preferred
Greening
1-14
Co.
&
82'/2c
12-15
93%c
x
5%
$1.06 Mi
Gas, common
(quar.)
Oil
10c
____,
West
Great
int.
Natural
preferred
Houston
Ltd.—
Quarterly
Great
5%
2-18
1
11*30
12-31
$1
(quar.)
Joseph
3-
,'
11-30
3
75c
Oil
Refining
Laughlin Steel,
&
11-30'
3
1-
60c
(quar.)
12-20
(quar.)__
Corp.,
preferred
Houston
12-14
12-20
Properties—
preferred
Life
3
t40c
(quar.)
Ore
beneficial
West-Felt
Great
1-3
1-
3%%
Johnson
Jones
3
1-
10c
common
12-11
_
com.
*
Company,
preferred A (quar.)
2nd preferred B
12-17
1-
xiy»%
10c
(quar.)
12-31
Co
Corp.
Sulphur
12-20
_______
Finance
Lake
preferred
12-" 1
^
Hx30
$3
25c
W.),
pfd.
conv.
Household
12-14
12-28
1
Co.
(Frank
t62y2c
;
(quar.)
preferred
Great Northern
3
93%c
30c
Great
(Joseph)
$2.25
12-21
9
11-30
3
$1.50
2nd
4%
12-
3
1-
$1.25
(quar.):
(initial).
Johnson & Johnson
12-11
3
1-
$1.25
(quar.)
Co.
Y.)
(year-end)
Ltd., class A (quar.)__
Manufacturing Co.
(year-end)____
Hotel Gibson Corp., 6%
pfd. (quar.)
Y.j*-
(N.
Extra
$1.20
1-
32'/2c
Co.
Quarterly
$2.50
25c
,
Insurance
Inc.
A
preferred
Hotel
25c
N.
;
(quar.)_
(year-end)-x—
!
preferred A
(quar.)
Joplin Water Works, 6%-pfd.
Hoskins
6
3
1-
xl'/4%
Year-end
4%
12-14
xl%%
,
25c
(initial)-^.
common
1st
3%%
2
Telephone Corp.—
preferred
Jewel Tea
12-11
12-15
1-
j25c
!
—
(quar.)
preferred
Houdaille-Hershey
Steel
(year-endj"_-__ZZZZZZZI
T.) Company, dommon (quar.)_
City
1-
Co.—
Bearing
3
75c
preferred
Horner
12-10
1-
50c
Extra
4>/2%
Canada—
Reduced
Grant
1-
&
12-14
12-15
12-30
xt$1.75
(quar.)
12-31
12-23
(quar.)__
com.
(quar.)
C
Jefferson
12-17
50c
(resumed)
(quar.)___
2nd
1-
30c
Horder's,
$1.50
_
Company,
;
preferred
Qrapite
preferred
conv.
1
1-25
12-24
50c
Ltd.
Comoany,
3
$4.25
$50c
(quar.)
Co.,
12-10
1
Extra
Gas
12-20
1-
(quar.)
com.
B
preferred
Jamestown
1
15c
Ltd.
A
Electrochemical
3
3
12-
lc
(quar.)
Home Title Guaranty Co.
(Brooklyn,
62y2c
_
class
non-cum.
3
1-
$1
(resumed)
Company,
Holophane Company
(Henry) & Co., Inc.,
11-24°
12-29
12-15
12-30
$1.50
Service, Ltd.,
A (quar.)
preferred
6%
12-15
2
20C
—
(quar.)
Public
preferred
5 %
12-15
2
1-
Co.
Year-end
1
3
1-
12'/2C
<quar.)_
Minos, Ltd.__
Co., Ltd., common
State
Inc.
H.)
12-20
-15c
$1.50
Manitou
4%
preferred
Goodrich (B. F.)
.'
(D.
1-
12-27
$1.75
______
C.)
preferred
Stores,
Extra
1-
56y4c
___■
Company__
Gold & Stock Telegraph Co.
<quar.)_
Goldblatt Bros., Inc., common
Golden
•
2%
______
convertible, preferred
Globe-Union,' Inc.
(year-end)
Globe-Wernicke, 7% preferred
3
12-10
J6c
_________
Holt
(cash dividend)
12-10"
12-24
2c
Holmes
40c
___
12-24
$1.50
(s-a)
Y.) (quar.)__
12-24
(quar.)
5%
12-10
2
1-
5c
5% preferred D (quar.)
Jamaica Water Supply
$5 preferred
(quar.)
11-30
12-20
1-
10c
—__
1%
6
1- 2
preferred
77o
Jefferson
(quar.).
Development Co. (quar.)___
40c
preferred
Co.
$6
Jamaica
6
12-
50c
Extra
10c
6%
Co.
Coal
5
12-
50c,
preferred
Holly
1-
3
50c
____
,
1-15
1-
12-24
$25c
—
Trust
12-21
Lid.—
Hollinger Consolidated Gold Mines, Ltd.—
Quarterly
Hollingsworth & Whitney Co.—
11-30
12-20
15c
(quar.)
Canada,
Extra
Company—
Common
Golden
12-16
5
50c
Insurance
___
Glidden
12-10
1-25
1-
of
___.
1
75c
_
Extra
12-27
62 y2 c
^
Co.
raper
12-24
$1
-
$1.50
$1.75
——
Creek
When
Holders
Payable of Rec,
$1.62Va
—
Co
Island
1-18
1-15
12-31
50c
_
Dauch
1-28-49
30c
Co
Paper
Extra
&
25c
*
—>——
12-20
1
Ironer
53
Co.—
Extra
12-21
30c
.
(year-end)
1
Ironrite
12-10
12-31
Power
preferred (quar.)—
6Vic/o
preferred (quar.)—;
preferred
(quar.)
Irving
t
Dauch
12-20
Share
&
7%
12-10
t5c
Inc.
1-
&
12-20
Company
Electric Light
6%
11-26
12-10
25c
(irreg.)
Appliances,
1-
_
Distilleries,
Ltd.
Additional
Hinde
12-22
12-20
$3.50
1-
,
Falls
Bell.
Iowa
8
50c
(s-a)
Highway Safety
(quar.)_
12-
50c
Hibbard, Spencer, Bartlett & Co.—
Monthly
Monthly
,__
12-21
(quar.)
Brick
preferred
12-21
12-
12-22
(quar.)
com.
20c
Co
•
Glenmore
12-14
3
$1.20
—
Per
Name of
12-13
50c
12-31
$5 preferred (quar.)
Gleaner Harvester (quar.)
Alden
Extra
7%
12-14
1-
Co.
$1.25
„
Glen
12-14
1-14
_.—.—
Creamery
Holders
12-23
Extra
8iy»c
common
Extra
Glen-Gerry
Hershcy
Hershey
12-31
(quar.I.
Refrigerator
7
When
(2585)
Payable of Rec.
25c
(year-end)
Chocolate Corp.
(extra)
93 %C
Power Co., $5 preferred
(quar.)
$6 preferred
(quar.)
._;
Gerber Products, 4Vs % preferred
(quar.):
Germantown Fire Insurance Co. (initial)
Gillette
3
1-
CHRONICLE
'Share
Corp
Ponder
$1.06 y4
_
Georgia
Gibson
12-
Company
Motors
Hercules
Co.—•
(quar.)
(quar.)
convertible preferred___
Parts
2
12-13
$i.06y4
preferred,
Genuine
12-
Hercules
12-10
40c
FINANCIAL
Per
Name of
2
2
10%
preferred
3%%
3V*%
1-
12-
12-31
50c
dividend
preferred
General
12-28
$3
___
General
4!/4%
12-22
$1.50
General Steel Castings,
Stock
12-22
&
Holders
Payable of Rec.
$1
____
.
When
COMMERCIAL
Cement
Corp.
(quar.)
1-
6
12-15
54
THE
(2586)
When
Per
COMMERCIAL
Monday, December 20, 1948
FINANCIAL CHRONICLE
&
Holdert
When
Per
Holdert
When
rer
Holder*
'
Name of
Company
Share
Long-Bell Lumber (Md.), class A (accum.)
$1.60
Long-Bell Lumber (Mo.) (year-end)
$1
Longines-Wittnauer Watch Co., Inc.—
$1.20 convertible preferred
28 66/lOOc
Lonsdale Company (initial)
10c
12-29
12-29
.
Miller & Hart,
12-13
12- 7
Common
(quar.)
Common
____
Louisiana
-
12-23
12- 2
12-15
1-14
12-31
Minneapolis Brewing Co.__
:__i
Minneapolis-Honeywell Regulator (extra)
Minneapolis & St. Louis Ry. (year-end)
Mission Appliance Corp.
(quar.)
12-31
12-23
Mission
$1.50
2- 1
40c
1-15
preferred, $100 par (quar.)
______
5% preferred, $25 par (quar.)Lowenstein (M.) & Sons—
4(6% preferred A -(quar.)—
Lowney (Walter Mj, Lid
—
Ludwig Baumann & Co. (see Baumann,
$1.25
31 Vic
1-15
5%
1-15
$1
$1
(
1-1-49
1-15
12-15
lc
40c
$3
$1.25
12-20
1- 3
1-3-49
12-28
25c
MacLaren Power & Paper Co. (extra)
MacMillan (H. R.) Export Co., Ltd,—
1-2-49
12-20
75c
25c
25c
$25c
1-2-49
1-2-49
12-30
1- 3
12-20
12-20
12-16
11- 6
12-7
12-31
12-31
12-27
__
10 %
_
1- 3
$25c
$1.50
1- 3
1- 3
$1.06(6 1-15-49
25c
12-31
International
12-31
50c
1- 3
1
12-15
1-
7
12-31
62 (6 c
1-
2
12-15
$25c
12-20
v11-27
i-ir
i2y2c
12-20
12-10
New
1- 3
11-30
New
1- 3
11-30
New
$$1.80
1-3
42-17!
$1.75
1-15
—._
Sethi-annual
Extra
-Class
Montreal
Telegraph
Moore Corp.,
12-31
12-22
1-1
12-30
12-30
1- 5
12-20
31(4c
12-22
$1
$1.12.(6
lc
4c
23c
12-22
1- 1
12-24
12-24
12-24
Extra
4(6%
47c
12-24
12-10
50c
$1.75
5c
12(6c
$50c
25c
12-23
12-23
12-23
1- 3
1-1
12-20
12-1
12-1
_
—
_
preferred (quar.)
Co.
(quar.)—
— .—
Mascot
v
15c
_
(quar.)—
Oil
Extra
________
.
Massachusetts
Investors
Second
Massachusetts
Investors
Trust—_
Mathieson
7%
Maul
Chemical
Corp.,
Fund—__
(year-end)
com.
preferred tquar.)
Macotta
;,
Corp
_____
McAIeer Mfg. Co., 5%
McBrine <L. M.) Co.,
preferred (quar.)
Ltd., preferred
McBryde Sugar Co., Ltd.,—
——;
McColi Frontenac Oil'Co,, Ltd.—
4%
:_
(s-a)-
4%
7%
(quar.)—
Corp., common (stock
$2.50 preferred
(quar.)
McCrory Stores Corp.—
Common
Extra
(increased
1-20
12-30
Ltd.,
12-27
12-17
50o
—
12-27
12-17
12-31
1-3
1- 3
Co.,-
common
Extra
Mengel Company,
Year-end
1-3
1- 3
12-14
1- 3
12-15
1st
___;
(s-a)
(quar.)
common
1-3
12-15
1-3
12-45
1-2
12-15
$30c
25o
_________
'
12-31
11-30
1-3
12-10
25c
1- 3
12-10
$1.25
_
preferred
Extra
12-31
12-10
$1.75
2-15
1-31
75o
1-3
12-10
60c
:___
1- 3
12-10
preferred
(quar.)
;
87(6c
1-3
Mills, Ltd, (increased quar.)_____
$45c
2-1
Meredith Publishing Co. (quar.)__
,____
25c
1-13
Mergenthaler Linotype
75c
12-24
Mersey Paper Co., Ltd., common
t50c
1-15
4(6% preferred (quar.)
f$1.12(6
1- 3
Messenger Corp.
25c 2-15-49
Mercury
Machine
Co.
(quar.)
62(6c
Metal Forming Corp. (increased)______j____
Metal & Thermit Corp.
7%
(quar.>__i
Metals Disintegrating
Co., .4(6% pfd. (quar.)
Metropolitan Building Co. (quar.)__
Metropolitan Edison Co., 3.90% pfd. (quar.)
4.35% preferred (initial quar.)___:
<!___'
Metropolitan Paving Brick Co.__
Miami Bridge
Co.___
Miami Copper Co.
(extra)
Michigan Associated Telephone—
6% preferred (quar,)
Michigan: Bumper Corp. (quar.)—;
Miekelberry's Food Products
$2.40 preferred (quar.)
A
common
Company
3
12-15
12-15
2- 5
12-16
12-
12-10
$1.12(6
.12-31
12-20
30c
12-20
12-11
9
97(6c
1- 2
12- 3
$1.08%
1- 2
12- 3
20c
12-20
11-29
37(6c
12-26
12-18
50c
12-27
12-17*
$1.50
1- 3
12-15
15c
1-15
12-24'
eOc
1-8-49
12-10
(year-end)
60c
$1.20
12-22
12-22
(year-end)
$6
12-22
I 12-14
50c
12-22
12-14
$2
(reduced)
25c
1-l
12-23
11-27*
11-27*
12-14
12-13
15c
1-4
$1
_____
1-14
12-22
12-13
preferred
(quar.)
56(4c
1- 2
12-13
Cqmmon
Class
A
(increased
(quar.)
quar.)
i
10c
12-29
15C
1-15
12-18
1-
5
New
12-16
3
12-16
12-31
Chicago & St. Louis RR.^—
preferred
York
1-3
1
New
•
York
Trust
12-
1
Newark Telephone Co.
12-
1
3
12-, I
1-3
12-1
6%' preferred
(quar.)
Newport Electric Corp.-r3%% preferred (quar,)_l
12-15
12-15
12-16
12-15
12-23
■
12-15
1-
3
12-29
12-20
Nicholson
File
Co,
Hundred
Nineteen
Mullins
Co
6
$1
12-20
12-13
12-20-
12-13.
Noma
$3.50
Manufacturing Co.—
common
(initial quar,)
NortluAmerican
12-13
Electric
1-
3
1
1-20
12 (6c
12-30
12-30
American
American Finance
;—
preferred (quar.)
Murray Ohio Mfg. Co. (quar.i
40c
50C
1-
B
North
12-20
Northern
12-)0
12-10
12-
6
50c
12-20
12-
6
(initial)1—
———
17(6c
$4.80 preferred
(quar.)
—
$1.20
$3.60 preferred (quar.)
;_
90c
Northland, Greyhound Lines—
3%!% preferred '(quar.)i;—.——
—93%c
Northwestern * Leather Co. (quar.)————
'35c
Northwestern Telegraph (s-»t
1
——$1.50
Norwich & Worcester RR. 8% pfd. (quar.)_
$2
Nova Scotia Light & Power Co., Ltd. (quar.)
$25c
Nutrine Candy Co
————
25c
Oberman & Co., 5% pfd. (quar.)_
—___
12(6c
Ogilvie Flour Mills, Ltd., common (quar.) _
125c
Ohio Brass Co., class' A__"_—_————
$1
1-20
__
dividend
1-3
12-10
1-3
12-10
12-21
12-10
12-20
12^
6
12-20
12-
6
12-
7*
12-15
2-1
25c
12-24
12-14
$1
:_
1-2
Co.
12-15
1-14.
B
Inc.,
4(6%
5%
preferred
1-
3
1^-15
Common
1-
5
12-10
Common
$15c
\-
3
12-14
1-
3
12-14
____.
(one
share
for
each
preferred B (quar.)__—
Linen
Ohio
Water
12- 3-
Okaita
1-2
12-20
12-
12-20
12- 3
12-20
12-. 3
I"
^
$1.50
(quar,)__
15c
1-3
preferred (quar.)
4(6 %
preferred
(quar.)
5%
preferred (quar.)
5%, preferred (quar.)T_
1
3-15
1-
3
$1.12(6
4-
1
3-15
1
3
12-15
$1.25
(quar.)
Bearing (quar.)
National Paper & Type (stock divtdeiM)—_
;
Motor
National
Pressure
Cooker
National
Radiator
(quar.)
.
!
25C
.
,100%
37(6c
12-31
12-31
'12-20
12-
75c
1-
3
1-3
$37(6c
1-15
Special
National Sugar Refining
(quar.)
8
12-10
12-15
12-22
12-10
12-10
1-
1
12-20
3-21-49
12-10"
12-14
11-30.
2-28
25c 6-20-49
5-3 V
1-3
12-15'
97(6c
1-2
ssl.25
12-31
12-30
HOC
12-20
Carbon Co._
—
12-15
Debenture
Loan
&
Steel
Products
t25c
1-15
12-15
50c
1- 3
12-15
Co.
—
12-10
12-31
12-23
12-23
12-31
$1
10c
$1.50
175c
12-31
12-20
12-31
12-10
12-31
12-10
1-15
12-31
125c
1-3
12-M
1-
$$1.25
0<"t«»wa
Extra
t25c
12-.15
1-14
2-15
1-14
2-15.
,
t$1.75
(quar.)
American Lumber,
Electric Ry,
3
2-15
t25c
.__
(year-end),
(quar,)——
,
,
Oswego Falls Corp., 4(6%. preferred (quar.)
Otisf Elevator Co., 6% preferred (quar.)—_
\
12-10
12-20
30c
1-14
Co., Ltd—
(quar.)
preferred
Oregon
12-10
10c
(quar.)____
—i
Orange & Rockland Electric
4%
preferred
(quar.)—
12-10
11-20
12-15
20c
—
&
Extra
12-15
Corp., Ltd.
1-3
3
12-22
20c
—.—
6%
7%
12-15
$1
8
11-24
12-22
.
37(6c
Co.—:
new
Town Ribbon
Common
.12-22
50c
12-22
1-
1
National Safety Bank & Trust Co. (N. Y.)__
Screw & Mfg. Co. (quar.)
Steel Car
Ltd.,
Ontario
12-22
National Standard
(quar.)
Service
Ontario
12-10
25o
Co.
Oils,
—
l->,
;
Machinery
12-
12-20
"
25c
—
preferred (quar.)
—__
Oneida, Ltd. (extra)
—;
Ontario Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
;
12-20
1
1-3
25c
——r
Olin Industries, 4% preferred A
Omar, Inc., common (quar.)
3-15
1-3
25c
2
$1.25
Extra
_
12-15
15c
Co.—
Co.
4"
K
..i-14'
$1.25
—
National Lock Co,
1-10
.
12-14r
r-
—
—
—;
Quarterly
Old
12-15
4-
$1.12 »/a
common
12-15
1-
12-20
12-
common (initial) —
Old Line Life Insurance Co. of America-
3
15c
Service,
1•
—
—
Extra
2-
12-10-
50c
$1.10
25c
$1.12(6
$1.25
Service, 3.90% pfd. (quar.)—
Holding—
,
$5 nori-cum. preferred (quar.)
20
(quar.)
Rubber
12- 3
l-2r49
,25c
;
12-20
12-12"
1-
Service
$ 15c
,,
11*
12- 8
Public
25c
(quar:)
common
——
Ohio
5%
Co.,
12-31
12-31-
12-31
—
(quar.)
—
Ohio
$30c
(quar.)
(quar.)
Ohio Leather. Co., 5% pfd". (quar.)
Ohio Match Co., common--
12 (6c
.
1-15
1-15
12-24
common——_——>—
prior. preferred
$37(66
class A
Co.,
12-31
12-24
preferred (quar.)
Finance Co., common—
Ohio
(Hartford)—
common——
.
$1
1——•
_—.—.—
Edison
4.40%
12-20
12-30
75c
________
(Minn.)—
Power
common
Class
Ohio
.
—
——
s
12-31
80C
(quar.)
States
50c
dividend
held)
National
1-14
1-15
—
Stock
National
12-7*
12-31
(extra)—
National Hosiery Mills, Ltd.,
Class B (increased quar.)
Common
12-10'
.
$1.75
Grocers, Ltd,, common—
$1.50 preferred (quar.)
National
1-14
12-2
12-22
50c
(year-end)
Glass Co.,
National. Lead
12-24
10%
—_—
Insurance
12-21
12-15.
50C
$4 preferred A (quar.)
______—i—
National Enameling & StampingFire
1
25c
(initial)
common
1-
12-23
40c
National Casket Co.. $7 preferred
National City Bank of N; Y
6%
New
$43c
-
Extra
12-13
$50C
;
Breweries, Ltd., "common (quar.)_
preferred (quar.)
:
National Can Co. (resumed).;
National Cash Register Co. (year-end) _____
Quarterly
12-29
40c
7%
National
Northern
;—.—
Co; (increased)
*———;—
(quar.)
11
Extra
12-15
40c
—
National
New
12-15
20c
Aviation
National
1-3
25c
Co., Inc. (Md.)„___
Fibres, Inc. (extra)
Corp. (irreg,)
Co., common—
Automotive
(quar.)_
Natural Gas
Northern; Paper Mills
12-27
93%C
______
pfd.
7%
Extra
Decatur RR.—
Securities
12-11
3
12-20
Ltd.
preferred
35c
,
12-27
1-
25c
4(6%
$1
Corp.
(accumJ
12-27
1-15
12-14
Oih
'
75c.
1-15
12-29
12-31
City Lines
12-20,
,
15c
1-15
37 (6c
—
National
—_
11-3(f
12-1?
12-31
common
(quar.)
2
12-29
1-15
New
12-20
1-
'
...
45c
4(6 %
Stock
—
——
12- 2.
Northern
Special
1- 2
*12-30
12-16
Biscuit
12-20
75c
'75c
15c
12-10
12-28
National
11-30
$4.12(6
A—.——
12-20
$1.50
Chemical.
National
12-10,
12-20
—
12-20
(year-epd)
6% preferred (quar.)
Mutual System, Inc., common
6%
preferred (quar.) _—1
Myers (F. E.) & Bros. Co. <quar.)_— ____
Company
National
12-23
$4.50
_
SOc
12-20
(s-a)
_____
22(6c
22(6c
12-31
guaranteed
12-1$'
corn,—
60c
7(6%
12-23
convertible preferred (quar,)____,—
12-24
Nashville &
12-10
87 (6c
200
—
12-20
12-24
Nation-Wide
3
Corp.—
Corp.Northern Indiana Public Service Co.,
12-28
Nash-Kelvinator
3
Illinois
12-28.
50C
12-21.
1-
1-
t8%c
15c
$1
Mutual
■
Star
—•_■.—
—__—
Year-end
9,
5Cc
i5c
12-10
2
12- 6,
12-
'
North American Refractories
12-17
12-20
12-20
25c
£!xtr<i
—
12-9
37(6c
_____
preferred
(accum.)
5(6% preferred (accum.)
North American Raycn, class
Company
1-3
12-27
American Investment Corp.—
North
12-15
$1.18%
12-27
40c
,
quar.)——
Co
preferred
80c prior preferred
Class
—
12-10
12-10)
12-22^
■
(quar.)
7%
12-15
12 (6c
4%% preferred (quar.)_^
Murray Corp. of AmericaCommon (increased quar.)_
Muter
Corp.
preferred
6%
(quar.)
3)
12-20
12-20
Car
North
12-15
2-
12-
40c
——
(increased
Corp.
convarlible
$2
12-15
25c
C.)
1-3
25c
■
preferred
—;
north
25c
12- 3
3
(stock. dividend)—
common stock ($5
Extra'
12-13
Munising Paper, 5% 1st pfd. (quar.)
Munising Wood Products Co., Inc.—
Common (quar.)
;_
I
convertible
':
12-13
_______—.—
3
1-
30c
for each share held, to effect 2-1
up.
Subject to stockholders ap¬
proval at meeting Dec. 22.——
Noblitt-Sparks Industries, Inc.—,
—-
6
12-27
12-17.
1-
par)
split
12-
30c
Corp.
One additional share of
12-
—
1
60c
(quar.)
—
$2
Brass
12-15,
,
140c
12-20
12-20
12-31)
l-'3
"
—
12-20
12-20-
12-31
93%C
,
(Ohio),
Year-end
25C
$3.37(6
12-10>
12-10
12-17
1-
12-10
——
1- 3
Industries, Inc.
preferred
(quar.)—
—$1.06(4
Niagara Wire Weaving Co., Ltd. (quar.)__.
$40c
12-11
SOc
1-1-49
1-2-49
4(4%
12-24
$1.25
93%c
$1.12(6
$1
■
Newport
Extra
$1.75
l2-j28
-
(quar.)—___________
1- 3
$1
preferred * (s-a)__—
prior preferred (s-a).
Mueller
Co.
1- 6
$1.50
Corp.—
Gas
&
preferred (quar.)"
preferred (quar.)—
$4.50
12-10'
12-15,
$i.50
Electric
State
1-3
1-3
,
—$2.50
Rosario Mining Co.-r
1
70c"
(s-a) I
RR.
-
York
3%%
»
—'
(accum.)
A
Harlem
&
3
12-23
12-15
7,
12-
12-30 J
12-15
3
I-
6
12rl5
$1.50
12-10
12-31
12-
12-
59%c
12-16,
12- 6,
3
50c
New
3
4-
12-
3
1- 3
3
12-22,
1-15
1-
12-31,
1-
*1-15
t$l.75
$6.75
1-15
12-31
12-24
1-
15c
12- 15j
75c
New York Honduras &
59%C
12-20
3
1-2
12-
1- 3
3
1-
$1
1-2
2
5
1-
$1.50
Co.
«.'
—
U
1-
1-14
—
1-
"'Year-end
7%
12-
(s-a)___——_——_«
Inc.—
(initial)-
.12-31,
Power & Light, 4% pfd. (quar.)
New Jersey Zinc (year-end)
—
New York Central RR. Co. (resumed)-——_
$50c
——_
Mills,
12-17,
1-15
New Jersey
1-15
$75c
(quar.)
common
•National
.
12-15
12-10
1-
43c
—
National
Miller Manufacturing Co.—
1
1-
6%
4(6%
Midwest Rubber Reclaiming Co.—
4(6%
^
Inc.
12-23
—
preferred (quar.)
England- Telephone &
New
National
Midwest Piping & Supply
Extra
12-
12-20
$2 non-cum. preferre<L_(quar.)
8% preferred (quar.)
Midvale
12-10
12-22
year-end)
Midland Steel Products,
1-15
15c
,___
Middle States Petroleum, class B
1-3
12-10
$1.75
preferred
Class
12-14
2c
preferred (s-a)
(s-a)
Mercantile Stores Co., 7% pfd. (quar.),
Merck &• Company, com. (increased quar.)_
Mesta
1- 3
62 (6o
1
(s-a)
Melchers Distillers, Ltd.—
6% participating preferred
$3.50
12-20
5c
4%- preferred
Meadville Telephone Co., 5%
5%
12-20
12-17
1-15
12-30
15c
(quar.)
12-17
11-1.
12-23
—
&
12-22*
(quar.)
4(6%
1-15
25c
Vernon-Woodberry
New
5%
12-31
Common
3
25c
Mount
Extra
12-15
12-11
1-
tfl.75
Corp
12-15
12-15
25c
$13c
$10c
20c
13o
*
Telephone "Co., Ltd, (quar.)_
Mines, Ltd. (initial)
Electric System (reduced)
Fire Insurance Co., (quar.)___
Gas & Electric Association-
Calumat
N. Y.
__——
Moviola,
(quar.)—;
New Brunswick
England
England
New England
12-l5j.
_
Haven Water
—
_■
Products
_____
New
Consolidated, Inc.—
7%
preferred (quar.)
Motor Finance, $5 preferred (quar.)
Motor
Britain
12-31
12-31
12-15
$1.75
Paper Mills, 4%% preferred (quar.)_
Plan Bank (New Haveh)
(quar.)___
Extra
Corp.__
Machine Co.
7,
12-17
12-31
lr 1
(quar.)_____^
common
(Herman)
1-31,
12-
1-1
25C'
.
—
New
50c
—
New
50c
,____
___,
Johnson
.
12-10
12-10
12- 7
New
12-16'
Morrison Cafeterias
12-27
12-13
Nelson
2-15
12-27
10 %
;__L1
Year-end
(year-end^
Co.
6c
_
-1-31,
2-15.
35c
17 (6c
35c
:—
(quar.)
Stock dividend
Ltd.—
4%
$3.50 convertible preferred (quar.)
88c
Mclntyre Porcupine Mines, Ltd. (extra)— $$1,00(6.
McKee (Arthur G.) Company, cl. B "(irreg.)
75c
Year-end
_*_
$1.25
McKesson & Robbins, $4 preferred (quar.),
$1
McPhaii Candy, 5(6% conv. pfd. (quar,)—
13%c
McQuay-Norris Mfg. Co., common (quar.),
35c
4(6% preferred (quar.)
____' $1.06(4
~**Mead
12-15
12-20
12-10
12- 9
12-9
,12- 9
12-15
12-15
12-10
Extra
/
$30c
7%
12-15
—
62(6c
quar.)—
-
$$1
—
dividend)
:
Co.
12-15
$1.05
preferred (quar.)—
preferred A (quar.)
Murphy, (G,
preferred
McCord
Insurance
Corp.
1-2
$45c,
12-20
12-20
12-20
10c
_
Fire
1-31,
*
20c
$1.12(6
Telegraph—$1.25
Hampshire Fire Insurance Co, (quar.)_
50c
Haven Gas Light (quar.)——-—-—40c
$1
pfd. (quar.)___
$1.06y4
(year-end)—_
$2
6% preferred (quar.)
■_—_—$1.50
Martel Mills Corp., common—.
20c
6% preferred (quar.)_
75c
Corp.
Union
(reduced quar.)
:
—
Nekoosa-Edwards Paper (increased quar.)—
$70c
12-11
.1-31)
1-31
New
__.—
12-17
2-15
1-31
,
2-15
9c
12-17
(quar.)
;
Montreal
Cottons, Ltd.
7%
preferred (final)
entire issue being
called for redemption on Dec. 31 at $40
per share plus this dividend—
—
quarterly
1-31
—10c
1
'
Locomotive Works,
2-15
1-
A
Montreal
8c
20c
Equipment,
.
2-13
87 (6 c
pfd; (quar.)
5% pfd. (quar.)_
Monroe Chemical Co., $3.50 pfd. (quar.)—_
Montana-Dakota Utilities,
common
(quar.)
$4.20 preferred, (quaf.)________—__:
Montgomery Ward & Co., com.. (quar.)____
Auto
12-31,
62 (6c
Monongahela Valley Water, 7%
Monroe
12-31,
1-15
2-15
—
equipment shares
trade shares—"——,
Retail
1-
Morris
Martin-Parry
12-13
20c
(special)^
common
12r3l»
1-15
12c
—_—
Railroad
12-15
Morris
Mary Lee Candies (quar.)
Maryland Dock Co., common
12-
1
12-H
____
12-15
3
1-
1-15
12c
15c
—
1
3
12-24
12-31>
12-31,
•
estimates
series
I-
1
12-3L
1-15
.1-15
8c
—__—
stock
series
1-
$25C
1-15
10c
.
_——
preliminary
$2
$50C
1-15
6c
* 11c
—______
fund
Selected group series
Railroad
shares
1-
12-11
Marshall Field & Co., 4(4%
Marshall-Wells Co., common
12-14
20c
1- 3
$1
Stock
Nehi
40c
_
12-15
National
60c
____
(M.) & Son—.
Extra
_I_i
trust
$75c
preferred B (quar.)
Moore
Drop Forging, common
(quar.)
4%% convertible preferred (quar.)
Marsh
1-3
12-31
12-31
9c
shown:
series
are
Preferred
12-20
12-20
12-10
12-10
—
___2
Balanced
$1;
1-2
12-20
1-3
12-22
-
12-14
12-31
12-15
12-20
')
—*-_
following
3
$25c
Knitting, Ltd., common (quar.) __
preferred (quar.)
1 $1.12(6
Monarch Life Assurance Co.
(Winnipeg)—
12-31
1- 3
.
the
1-15
'
1-15
6
estimates
are
rr
mutual
12-27
75C
——
Increased
1-15
1-15
1- 2
On
12-31
A
below
shares
25c
20c
4,
8c
~50c
1-
4.
5c
First
$1.15
2-
212-
'c
& "Machine. Co._____
series'
Steel shares
12-10
12-16,
.2-15
Low-priced common stock series__
Development $5 par
shares held or
12-28
3
12-21
Automobile shares
three
each
for
4(6%
12-23
1- 3
12-20
Corp
20c
Co., 1% preferred (quar,)—$1.75
Maritime Telegraph & Telephone Co., Ltd.-—
Common
(quar.)..
$20q
7%
preferred (quar.)
:
$17(6c
Market Basket, Inc., common (quar.)
20c
$1 preferred A (quar.)
25c
Marlln-Rockwell Corp. common (year-end).
$1.50
Common
6
,Metal
Molybdenum Corp. of America—
12-10
1- 3
1-17
1- 3
1-15
$25c
$1.25
Marion Water
—
12-
Monarch
,*
1- 3
12-16
$$7
f$-a)
Midland
Marine
12-20
12-13,
1-
2-15
distributions:
Speculative
-
3
Communica-
Marine
6
150c
12-20
12-23
12-20
12-27
7(6c
,
(Toronto)
Maple Leaf Gardens, Ltd.:
Marathon Corp., 5% preferred (quar.)—__
Merchant Calculating Machine Co. (quar.).
12-20-
2
15c
—r-'
Low-priced bond series_______.
12-
15C
preferred (quar.j__
Molson's Brewery, Ltd.
(quar.)
' 12- 3
$1.25
12- 4
1-3
12-13
1-
53(6c
47(6c
—__i
Bond series
1-10
12-24
12-20
12-30
$12.50.
—
Co.
1-15
25c
—
of -such
12-17
12-20
12-13,
12-27
50c
—
(quar.)"—__
shown
amounts
12-20
75C
1- 2
Funds—
12-17-
50C
"
Trust
3
1-
SOc
__
6%
1-3
1-15
1-15
1-15
_
1-3
preferred
preferred
3.8%
20c
50c
20c
13%c
25c
—
Corp., Ltd
;
__
Maine Central RR.* 6% pfd. (quar.)—
Maltine (The) Company—
4(6% convertible preierred (quar.)
Manhattan Financial Corp., class A (s-a)—
4
20c
56 (60
12-10
Mailman
Marconi
Mission
of
Mojud. Hosiery Co.,
12-10
——,
—
10-2-49
4(6%
Payable of Bee,
$1,12(6
——•—-
common
"
12-31
dividend
B
The
Carpet Mills (year-end)
Mohawk Petroleum Corp, (quar.)—
12-31
Magor Car Corp. (quar.)
Mahoning Coal RR. Co., common.
5% preferred (s-a)
Class
share
Class
—$12 (6c
Manufacturers Life Ins.
9-20
25C
Mohawk
.
Macy (R. H.) & Co._
1
Mading Drug Stores, common
55c preferred
(quar.)
Magnavox Company (quar.)—
Stock
National
—
*
———$12(6c
(quar.)___.
—:
6-20
Year-end
Publications
participating preferred (irreg.)—._
Participating (irreg.)
Mackinnie (Ml Si Drilling (year-end)——
B
7-2-49.
._
Mississippi Power, $4.60 preferred (quar.)
Mississippi Valley Barge Line (s-a)
—
Missouri Portland Cement (year-end)
Mitchell (J. S.) Co., Ltd.
(quar.)
Mobile Si Birmingham RR., 4%
pfd .(s-a)_
Modern Containers, Ltd., common (initial) _
12- 5
12-15
12-15
12-10
Common
A
250
—J
__
$1.50
Class
National Transit Pump
$2 in cash. Subject to approval by SEC.
Mississippi Glass Co
__
—__
12-20
125c
Co—;
Lykens Valley RR. & Coal Co. (s-a)
Lynchburg & Abingdon Telegraph Co. (s-a)_
Lynn Gas & Electric (quar.)
—."
Class
3-20
,
$1.06
Royalty
MacFadden
12-20
4-2-49
National Tea,
(stock dividend)—
common
Ludwig).
1
1-2-49
250
_—
One
(quar.) I
(extra)
(quar.)
preferred
250
Co., common (quar.)
convertible preferred (quar.)_.
Corp.
4(6%
0-20
.
(increased quar.) * •
40c
——25c
com.
,___u
6-20
Miller-Wohl
4(6%
Extra
•
7-2-49
!'
_
12-29
(quar.)—
Lusk
prior preferred (quar.)
prior
preferred (quar.)
prior'preferred (qUar.)
prior preferred (quar.)
$1
National Supply Co.,
37(60 10-2-49
—.
12- 2
____——._
(Ky.),
37(60
_
12-23
(quar.)
Light, $0 pfd.
Electric
&
37 (6c
3-20
12-20
.3-20
12-17
12-2
common—_
Power &
Louisville Gas
12-20
1-2-49
4-1-49
1- 3
12-23
_____
preferred (quar.)
Angeles Transit Lines
12-20-
1-2-49
4-2-49
$1.75
12(6c
;
(quar.)
common
___
1-2-40
12(6c
50c
(quar.)
7%
Los
12-3
37(6o
62(60
62(6o
$2.50
25c
(quar.)
6% convertible preferred
Lord & Taylor (quar.)
Co.,
Common
$1
Lorain Coal a Dock—6% convertible preferred
Lbrillard (P.)
Extra
i
4
_
(quar.)
(quar.)
^
12-27
12-23
;
_
Share
Name of Company
,
—__________
(increased quar.)
Inc., com.
Special
Payable of Rec.
Share
Name of Company
Payable of Ree.
—
'
$1
12-27
$15
$1.12(6
12-20
12-10
1- 1
12-20
12- 6
$1.50
12-2()
12-15
t°5c
1- 2;
12-
$25c
1-2
12r 8
R
Volume 168
Number 4761
THE
Per
Name oj
Company
Ottawa Light,
Heat
x
.
IVTien
Share
& Power Co.,
Ltd.,
1-
1
12-
1
12-
Name of
6
1-
6
>
Common
Pacific-American Investors,
Common (year-ehd)
$1.50 preference
(quar.
$4
Finance
Coinmon
5%
—
Co.
preferred
12-30
12-17
5%
prior
12-30
2-
-
Pipe
(quar.)
Companies,
Line
12-15
1-
12-15
25c
•
25c
(quar.)
preferred
1-14
(J.
____x
$2Vic
A
preferred
B
^
—
&
common
(The)
preferred
Stove
(quar.)
preferred
Philadelphia
Dairy
will
(quar.
in
issued,
the
lieu
80c
2nd
non-cum.
Philadelphia
preferred
12-
12-24
12-15
$1.50
3%%
Governor
12-
1
Common
4%%
5%
1-1
12-
1-
$1
(quar.)
1-
1
1
<fc
A
Co.
62%c
(quar.).—
93%c
1
12-15
1-
3
1-
3
12-14
•
12-27
12-27
$1
15c
,
;.7%
Pittsburgh Screw & Bolt
.Extra
1-15
1-
1
12-24
1-
,
7
1-
3
12-20
12-14*
12-14*
15c
30c
—
Port
dividend)
Huron
(H.
Portland
——
Mills, 6%
pfd.
(quar.)—
Potomac Electric Power, common
(quar.)—
a.3.60% preferred
(quar.)——__——
Power Corp. of Canada, Ltd.—:
6%
6%
.
.
(interim)
1st preferred
non-cum.
Pratt
&
Price
v—
East
Bros.
partic. preferred (quar.)—
Inc.
——1-——
Dome
Mines, Ltd.
4% pfd. (s-a)
Mines,
Ltd..—.
&
Proprietary
Providence
Insurance
Special
Public
National Bank & Trust Co.
$1.40
PUblic
4%
Service
.
Extra
Extra
'7%
Gas
(N.
Y.)
Co.-_,—
common
voting
(quar.)__
of
12-31
1-
12-15
$1.50
12-23
America
convertible
1st
Orpheum
22%c
'
45c
12-27
,
1-
2
12-31
*$1.50
1-15
12-
5%%
5%%
12-20
12-10
tl%c
1-15
12-
1-
2
6
12-
3
Scudder
3
12-20
12-31
12-
12-31
12-
1
50c
1-
3
'
12-23
12-15
12-
9
50c
12-23
12-
9
12-23
12-
9
12-
9
12-23
1-
3
12-
12-
$1.25
10c
'1-1
1-10
1-10
2-28
50c-
(quar.)—
:
Inc.
(year-end)
Raymond Concrete Pile Co, (extra)
1-
12-11
2-
1
3
12-10
2-25
1-17
1-24
12-17
87%c
1-
3
12-13
15c
1-
3
50c
12-28
12-17
12-
6
93%c
1-
1
12-
6
$1
l-
3
11-30
$2
12-21
12-10
70c
1-
1
Seton
12-20
Southwestern
12-20
Sovereign
1
1-
3
2-
1
1-
3
1-25
1-
3
1-1-49
12-
7
—
RR.
(quar.)
__
common
—
pfd.
1-
3
12-
62 %c
12-23
12-
25c
12-20
$1.25
1-
3
12-15
*40c
2-
1
12-31
*$1.75 4
2-
1
12-31
1-
3
12-21
12-
Steel
Corp.
8-1-49
1
1-
3
12-14
3-
1
2-14
1-
2
12-10
12-
S.)
Co.,
l/10th
4%
Inc.
of
12-17
12-23
12-23
Sun
Sunbeam
12-29
12-
50c
6
1-
2
2
12-15
12-15
12-15
3
12-15
12-23
12-11
12-20
12-10
"
12-31
12-10
12-17
12-31
12-17
12-24
12-14
10c
12-22
10c
12-20
11-30
2-25
1-17
*50o
1-2-49
12- 2
•12-
3
& Power Co.—
Oil
(quar.)
Products
1-
lv
12-20
12-20
12-10
1-28
12-10
1-14
12-24
12-27
12-17
1-
1
12-17
12-27
12-15
12-20
12-
12-29
12-17
(quar.)
1-
3
12-31
1-
6
12-15
12-15
3
12-15
12-28
12-15
35C
12-20
12-
8
12-20
12-
6
87 %C
1-
3
12-16
6%
12-3*
12-15
15c
12-24
12-10
12 %c
!
1- 3
12-15
1-
25c
7%
3
12-15
57c
1- 2
12-17
56c
,
4-1
25C
1-
3-15
8
12-16
50c
12-24
12- 6
(quar.)_
1st pfd.
43%c
12-31
12-15
25c
a
Co.,
share
Gas
Co.
A
(stock
Corp.
(stock
3
8
1-15
12-31
1-
3
12-20
1-
3
1-
1
$1.25
held—
each
10%
50c
75c
12-20
12-15
12-10
12-
3
Corp.—
62 %c
(quar.)—_
12%C
1-
1
1-
1
12-15
12-15
10c
dividend).-—
12-29
12-17
$1.12
(quar.)—
1- 3
12-17
10%
Machine
Tool
common
(quar.)
series
(quar.)_—
convertible
A
pfd.
series
B
Sunshine Mining Co. (quar.)
Superheater Company (increased
II-30
12-24
12-14
12-24
12-14
25c
-
—
12-30
50c
50c
(quar.)
Sunray Oil Corp.,
4l/4% preferred
Extra
3
I-
12-
div.) —
share
I-
1-15
12-21
*12%c
—
—
4 % %
12-20
1-12
15c
(quar.)—
(year-end)
Corp.
12-20
3
11.1%
pfd.
com.
for
3
1-
20c
conv.
1-
25c
(extra)
(stock dividend)
5%
Propane
Sundstrand
•
12-20
12-10
25C
1- 2
12-
1
28 %c
(quar.)
1-15
26Ac
1- 2
12-
1
15c
quar.)
50c
12-23
12-24
12-
1
II-19
12- 2
35c
Corp.
(quar.)
Swift
&
Company
Sylvania
$4
Electric
preferred
Sylvanite
Gold
(quar.)
Products,
(quar.)
Mines,
12-15
1-
1
12-
12-
2
1
common—
35c
12-20
12-10'
L—
$1
1- 1
12-20
Ltd
common
*l%o
1-3-49
10-30
(quar.)—-!'_15c
12-31
12-15
25c
(James), Inc.,
preferred
12-15
1- 3
40c
Inc.,
12-31
12-15
56%c
1- 2
12-15
Extra
4%%
1- 3
25c
Steel
12-24
25c
—
Superior
Talcott
—
12-20
12-20
20c
12-17
*30c
I
12-20
1
1
»5c
-
preferred
Extra
12-15
1-
12-21
50c
—
$4.50
12-10
12-29
1
1
1-
$1.25
Co.__
(quar.)
Drug Stores, preferred
Sun Chemical
Corp. com
12-20
1-
1-
1-
5C
preferred
12-15
| 25c
(quar.)
5%
12-27
12-20
12-27
75c
Summers
12-28
25c
40c
12-31
$1.25
(year-end)
convertible preferred
1-10
12-31
(quar.)
2-19
12-27
$3
(quar.)
(quar.)
Stromberg-Carlson
12-31
10c
12-13
12-31
25C
(quar.)
Strawbridge & Clothier, $5 preferred (quar.)
$1
1-
12-20
60c
1
Co. * (year-end)
Company
Press, Ltd.,
Studebaker
40c
redeemable preferred series A
Stovel
Suburban
$1
3-
93 %c
Corp
Mills, class A
12-15
$1.12%
1
1
5%
Container
12-10
12-16
—
1-
35c
5
12-21
(extra)
12-10
25c
dividend)-
com
Stonecutter
Stonega Coal & Coke
8
50c
(quar.)
Dohme, Inc.
Common, (quar.).
4-18
(quar.)——15c
A
12-20
12-21
$1.25
(quar.)_
(s-a)
Aluminum
12-31
$1.25
lrl7
75C
Camp, Inc., common
prior preference (quar.)
Stone
1-17*
$1.12%
(quar.)
1-17
2-1-49
25c
com
Stokely-Van
7-18.
2-
1-10
12-18
18%C
—
Year-end
1-18
5-1-49
-
12-15
12-15
$1
Stix-Baer & Fuller Co.,
12-10
25c
—_
——
Shawinigan Water
3
27%c
65c
5
3
——
2-1-49
25c
1-
1-
lOo
(quar.)
Steamship Corp.,
Spring
Special
12-20
60c
—
(resumed)
(Frank G.) Co. (quar.)
Shattuck-Denn Mining (year-end)—
4%
12-30
$1.25
&
Shattuck
(L.
45c
—
preferred (quar.)_
Co.
(year-end)—:
Co., class B (quar.)
Extra
Stoker
$2.50
Extra
Sharp
17 %c
1-
12-17-
12-31
40c
4 % %
preferred
(quar.)
4%% preferred (quar.)
Stewart-Warner Corp.
(quar.)
12-17
*18c
1-12
II-30
-
2-1-49
$1
Extra
3
12-30
12-20
12-28
12-18
15c
Sterling Drug, 3%% preferred (quar.)
Sterling, Inc. (stock dividend)
Sterling Motor Truck Co. Inc. (reduced)
Stern & Stern Textiles com.
(quar.)
12-17
$1
12-20
12-31"
93c
Co.
,—■
Steel
Sterling
12-13
12-30
,
12-15
*3c
(year-end)
Stedman Brothers, Ltd.
Steel Products Engineering
12-23
91V4C
1-15
1- 3
25c
Steak-n-Shake, Inc.
Stecher-Traung Lithograph, 5% pfd. (quar.)
8
1
83%c
—
Gas
&
—
preferred A
Starrett
12-10
12-
Fruit
Standard
3
1-
'!
1
$1
(quar.)
Standard
12-10
(quar.)_
Leather
Sharon
6%
7
85c
2-
47 %c
(quar.)
3%% preferred A
Standard Screw Co.,
7
12-
1-
12-10
40C 1-14-49
10c
12-23
(quar.)__
Oil Co. of Calif, (stock
Standard Oil Co. of Ohio—
12-20
12-28
2
12-20
1
Co.
Standard
12-20
12-28
(year-end)-
preferred
class
(quar.) J—
participating preferred (quar.)—.
Patricipating
Standard
Milling Co. • (quar.)
12-10
3
*$1.75
50c
(initial)
conv.
Co.
$3
"
1-
1-
2
$1
A
Mfg.
preferred
Extra
6
1-3-49
12-20
1-
12-20
1-
$1
series
E.)
preferred
Standard
12-15
27%c
—
;
Fund
(A.
75c
12-10
12-
75c
(extra)
5%
preferred
5%
3.35%
Insurance
(E. R.) & Sons—
preferred
(quar.)
$3.75
7
12-
12-29
50c
(quar.)
Line
&
$4
12-15
12-20
$1.10
12-20
30c
12-15
10%
1
2
Squibb
12%c
1-1-49
20c
$1.25
r
(s-a)
$1.60 conv. preferred (quar.)
Standard Factors Corp., common
*$1.06
11-29*
1-
55C
—
:
12-10
1-
12-20
Electric—
1-
27%c
preferred
Clark
Life
12-20
Co.^r-
(quar.)
Standard-Coosa-Thatcher
$1
(quar.)
(quar.)_
Co.,
&
Standard Dredging Corp.
12-20
5
1-15
$1.50
12-15
3
5
I-20
■>
1-15
40c
A
&
(year-end)
12-15
1-
12-20
12-
3iy<iC
-
1-1-49
12-27
1
2-15
25c
1-1-49
2
1-
$1.25
Springer Sturgeon Gold Mines, Ltd. (quar.)
Springfield Fire & Marine Insurance Co
Square D Company (quar.)—
1
1-
12-17
12-17
12-31
—
Investors
Sperry Corp.
Association,
(quar.)——
Securities
Gil
preferred
1
12-15
12-15
—
Telephone
(quar.)
preferred
1
3
Finance
Shamrock
$2.20
12-15
3
12-
!
Associated
Southwestern Gas
1-
12-31
1-
12-31
*30c
—
preferred
$3.40
Corp., 90c
Inc., $4.50
Shaler
conv,
5%
12-15
12-31
(quar.)_
common
-
2-
12-31
Power,
(quar.)
pfd. (quar.)
1-
$1.25
A
class A preferred
Servel,
-
Canada
Southwest Natural Gas com.
$6 preferred A (quar.)
12-20*
3
*$1.50
(quar.) __—!
12-20*
3
1-
27c
Roofing Co.
12-20*
1-
12-15
12-31
$1.75
preferred
Co.
1
12-17
12-24
37 %c
Pacific
1
12-17
1-15
25c
6%, participating preferred (quar.)
3
(quar.)
3
Co.—
States Iron
12-
(year-end)
3
$2.50
„
(quar.)
Southern
1-
12-17
1-
1-
$1.12%
L.
——
Edison
pfd.
Southern
1-
12-15
Works—
4
12-
(quar.)
Ltd.
Print
12-
12-22
Co., common (quar.)
$2.60 convertible preferred (quar.)
Seaboard
Surety Co.
(special)
Seagrave Corp. (resumed)
Secger Refrigerator Co.^—i
Serrick
4.32%
5%
3
1
12-28
25C
50c
12-20
*17%c
A
Line.
Air
Selected
12-10
12-31
Air
Seaboard
5%
7
$1.25
Co.,
Co.,
California
original
Southern
11-17
1-
68%C
(quar.)
4
*$1.12%
A
12-
$1.37
L'_—
Bag & Paper
12-
12-22
pfd. (quar.)
II-20
12-31
-
12-20
$1
12-20
50c
>.
1
31 %C
(liquidating)
12-17
12-13
12-31
1-
'
12-17
2
1-15
62 %C
12-29
1-
12-31
12-27
12-20
:
8s
,
12-31
1-20
$1
(quar.)
pfd. (quar.)__
12-29
12-22
1-31
1-10
:
10c
(quar.)
preferred (quar.)—
5%
3
12-15
15c
preferred
Bleachery
Southern
3
(quar.)—
Seismograph Service Corp.
7
12-28
12-17
10%
Loan
Seiberiing Rubber Co. com.
4%% prior pfd. (quar.)
12-17
12-28
Co.
Electric
&
Seaboard
1
35o
12-29
7%
9-15
1-
12-29
50c
Southern
12-14
12-10*
1
12-14
20c
Extra
6-15
1
2-
12-24
3
50c
(quar.)____
Advance
1-
*50c
(irreg.)
preferred (quar.)
Southern
3
—
Stevens
Scythes
Seaboard
1-
1
50c
series
Remedial
preferred
-Scranton
3
12-
7-
12-24
$1.25
Manufacturing Co.,
$3.65
12-10
12-24
12-24
3-15
$1.50
—
Electric
Paper
Scovill
1
,30c
12-15
1
$1.12%
Stockyards
preferred
preferred
preferred
5%%
Scott
12-15
1-
9-15
1
1-
San Jose Water. Works
(quar.)
Schwitzer-Cummins Co.
12-20
1-15
1
14-
Co.—
San-Nap-Pak Mfg.,
11-19
12-31
10-
30c
3
75c
(s-a)
8%
30c
common
(Pa.)__
Common
1-
(quar.)
preferred
Francisco
Ltd,
3
12-
*75c
t2c
(increased)-—
preferred
Corp.-
National
Sangamo
3-15
6-15
12-20
40c
(quar.)
South Pittsburgh Water 4%%
South Porto Rico Sugar Co.
1
1-15
Light & Power, 5% pfd. A (quar.)
Flour Mills, Ltd., com.
(quar.)
(quar.)
Paper
12-15
12-15
4-
15c
(quar.)—
preferred
1st
3
I-15
1-3-49
50c
50c
(quar.)
convertible
12-10
12-15
*50c
Inc.
*
Ltd.—
(s-a)
preferred
2-15
12-15
3
—
(quar.)—__
Carolina Electric & Gas Co.—
7-1
common
Company,
12-15
J25c
Co., common (increased)—
preferred (quar.)
Raybestos-Manhattan;
San
12-15
50c
Ltd
(quar.)—___
Louis
4 40%
12-24
3
12-31
$1.50
Ralston Purina
3%%
$1
$1.75
preferred (quar.)
Quebec Manitou Mines,
Corp.
"
31%c
50c
Co.
St.
5%
1-15
preferred
St.- Regis
" 62%c
50c
——
—
Keith
9
50c
—
(quar.)
6%
$3.50
12-24
$1
Oil
Radio
12-
12-31
40c
(quar.)
Company, 5% conv. pfd. (quar.)—
Furolator Products, Inc.
(quar.)
Quaker Oats Co., common (irreg.)—
Radio
12-23
1st
11-30
50c
Lawrence
7%
—
——
non-voting
Power
St.
5*
20c
_
original preferred (quar.)__—
Sound Pulp & Timber (quar.)
Quebec
6*
11-
Oklahoma—
common
——
Extra
Pure
of
11-
12-20
$3c
(quar.)
(quar.)
Corp.
——
Common
Puget
Co.
preferred
St. Joseph
12-20
50c.
dividend preference
Publication
12-31
*$2
*—
Quarterly
Public Service Electric &
:
__
Co.,
Washington
1-20
*35c
(qua*.)____—______—__
Lambert,
Preston
6c
4%%
-
.
Common
12-10
12-15
12-31
Common
7
(quar.)
preferred'(quar.)_
Saguenay Power Co., Ltd., 4'4%
St. John Dry Dock
Co., Ltd.—
3
12-20
1-
—$1.75
5%
1-
5c
pfd.
Industries, Ltd.,
1-20
10c
—
Co., Inc. (Penna.) 5% pfd.—
Co., 5% pfd. (quar.)
Woolen
12-23.
12-13
"
—
Transit
Portland
10c
12-17
South
50c
(quar.)
j
Safety Car Heating & Lighting Co. (year-end)
Safeway Stores, Inc. com. (quar.)
11-29
Sorg
12-10
1-
Mills,
$1.25
preferred
50c
_______
Sulphite & Paper Co.—
K.)
3
12-30
4%%
C.)
preferred
2%
"
(quar.)_
(quar.)
preferred (quar.).J
Porter
7%
15c
(quar.)-
Common
'4%
Russell
12-10
1
12-24
$3
(increased)
$1.25 convertible preferred A
Paper Co., 5%% preferred
1
12-10
1-
Sonotone
1
1-1
Co.
12-15
12-24
12-15
Solvay American Corp. 4% pfd. (quar.)
Corp., common (quar.)
9
9
1-
$1.25
12-10
3
Typewriters, Inc...-
$1.25
^
(Jacob)
60c
•
dividend
12-10
11-29
1-
50c
-
5%
4
12-21
$2.50
——
Minig Co.
1-
12-21
$1.75
(quar.)
& North Adams RR. (s-a)
Company (quar.)—
Pleasant
Valley Wine_———i—Plough, Inc.
(quar.)
Plymouth Cordage Co., common..;........
'Stock
dividend
(F.
12-
12-
1-
$1.12%
common
Ruppert
12-10
1-
.
Aircraft
Staley
12-10
3
12-27
12-27
Solar
12-16*
$4
1
12-10
1-
12-17*
1
20c
$2
-A
12-29
Russell
PIttston
Polaris
(s-a)
(quar.)
12-29
Stock
1-
25c
—
3
12-22
12-22
1-
(s-a)
Iron
Society Brand Clothes,
r
6%
Pittsfield
'Employees stock
Plymouth Oil Co.* (cash
RR.
preferred
(quar.)
Ruberoid Company (year-^end)
————$1.75
.
Valley
7 %
of
12-16*
*20c
25c
.'
6/100ths
held—-—
————
Genesee
Cable
12-15
i20c
(initial)
(quar.)
4% conv. pfd.
(quar.)
Roos Brothers, Inc.
(quar.)
Rotary Electric Steel (stock dividend)-.—
Rothmoor Corp. (year-end)
Royal Typewriter Co., common—-.
Pittsburgh, Fort Wayne & Chicago Ry.—
(quar.)
preferred (quar.)__
Ltd.—
A (quar.)
prior preferred (quar.)
&
Pendleton, Inc. (year-end)
Rome
12-17
60c
-
Common
Co.,
preferred
5%
12-17
20c
53 %c
-
Pittsburgh Forgings Co._——
.Stock dividend at the rate of
one
&
preferred
Roeser
3
J50c
Telephone Corp.—
5%
<
12-14
40c
—
&
12-10
1-
12-27
A
&
& Corona
Paper
Common
(quar.)
$2 preferred (quar.)
*l0c
_1
5%
12-10
50c
(quar.)
each
1-
12-20
20c
(Howard)
1
*62%q
preferred A (quar.)
Rockwood & Company—
12-15
Smith
-
1-
10c
Little
Rochester
12-31
(quar.)
preferred (quar.)
Pitney-Bowes, Inc., 414% pfd. (quar.)
Pittsburgh Coke & Chemical (year-end)
of
3
—_—
(Hartford)
$4
Extra
L
1-10
$2.50
_______
—
Mills,
12-14
$1
Co.
common
4%%
—_—-—-—
(special)
1-3
11-22
12-21
12-21
29^c
Plywood & Timber
Rochester
75c
11-22
O.) Corp. (increased)-!
Smith, Kline & French Laboratories
20c
__i
&
1-
3
$1.25
(A.
20c
—*
Drug
Robinson
Co.—
Smith
class
Steel
C.)
Southwestern
'
Extra
■
Iron—
(quar.)
preferred
Robinson
11-22
11-22
11-22
$50c
12-
$1.25
12-21
preferred
Common
(quar.)
12-15
12-31
12-31
(quar,)__
prior preferred (quar.)
Sloane-Blabon Corp.—
Co.—
.1
Robinson
A
(L,
12 %c
Controls
L.)
pfd.
5c
h
3
50c
(quar;)
5%
5 %
Ltd.—
(quar.)——
(P.
Corp.
Rayon,
10c
shares
Fulton
Oil
50c
:
Mills,
»
1-
10c
(quar.)
$1.25
Co., Ltd.,
$2.50
preferred
(quar.)
Robinson Cotton Mills, Ltd.
12-15
1
30c
;
:
share
3
American
Robertshaw
9
50C
(quar.)__i
Antelope Copper Mines, Ltd.—
Roan
1
Robertson
—.———--h*
one
1-
12-
12-
10-
;
Extra
'
pfd.
Corp.
Insurance
Pillsbury
3
Skenandoa
5c
!
—:
Silk
Sinclair
9
$1.75
$2 participating class A
share
Transportation
(quar.)
Trenton RR.
&
—
1-
25c
preferred
Corp.,
Extra
12-15
$1.75
-
Riverside
Pattern Co.
$1.75
common
•
12-29
20c
:
Smith
$1.75
1
1
1-29
5%
—
Sloss-Sheffield
—
1212-
*$1.25
(quar.)
1-15
$1.75
1J2-10
12-31
20c
Simplicity
$1.75
(quar.)
Paper,
Raisin
Corp.
1-15
$1
12-20
12-31
* 15c
A
2-1-49
$1.75
preferred
River
12-10
12-31
Inc.,
class
2-1-49
45%
—
12-10
Dairies, Ltd.—
Ltd.,
dividend
5 % %
Extra
12-11
$1.25
Company,
5%
1
1
(quar.)
—
Suburban
Phillips-Jones
12-11
12-10
12-10
.
Increased
Philadelphia
Ritter
12-15
1-
$1.12%
com.
(quar.)
Reading Coal
Philadelphia
3
12-21
———
Co.,
3
1-
8
12-24
preferred
Philadelphia
1-
12-20
12-15
12-
12-22
87%c
(quar.)
Electric
3
12-20
1-10
*25c
12-13
90c
(quar.)—
(quar.)
7% 2nd preferred (quar.)__
7% 2nd preferred (quar.)
:
Rico Argentine
Mining Co.—
there-
a
paid.)-—
preferred
1-
1-15
Stock
96c
preferred
preferred
3*
50c
preferred
2nd
-
,
of
amount
be
1st
2nd
12-10
25c
(quar.)
Paper
12-
20c
,
;
1-10
3
*25c
1
$1.37%
(quar.)———..
(quar.)
1%
fractional
in
preferred
7%
45c
(No
1st
7%
25c
—
preferred
12-10
12-15
12-
12-14
1
1-
60c
__
(quar.)
1st
Simplex
1-3-49
25c 1
(quar.)
12-15
3
2
1-
$1.50
Ltd.—
1
1-
(year-end)
Western
preferred
3*
1-3-49
to
(quar.)
(quar.)
preferred
7%
12-10
37%c
but
1st
3
12-27
$1.12%
Products—
1st
.Extra
7%
1-
5%
12-
12-22
25C
Rhodesian Selection Trust,
Rice-Stix Dry Goods Co.—
Common (extra)
12-10
Siiverwood
2
6%
_
2-
(quar.)
15c
(initial)-
12-10
1-
10c
dividend
be
1-
20c
lquar.)__——
stock
cash
Pierce
,
12-10
Sigma
12-10
1-
12 %c
Co.
*20c
35c
15C
(year-end)
1
(quar.)
Ltd.
12-23
t'15c
(quar.)
Paper
12-31
$1.75
(quar.)_i___
Co.
3
50c
;(irreg.)
Corp.
1-
$1.50
(Chas.)- & Co., 3%% pfd. (quar.)
Philadelphia Company,-$5 preferred (quar.).:
.Extra
1
12-28
$L
$1.25
Pfizer
Phoenix
1
1-
$1,12%
53c
Milk Co., common (quar.)__
4%%
preferred
(quar.)_
Petroleum Cerp. of America—-
Philco
12-31
30c
1
——
7%
t*4
:
common
12-22
2-
Canada—
*300
1-15
12-31
preferred
Rhinelander
12-10
1-
$5.50
Light,
Pet
5%
■1-15
12-20
40o
preferred
4.50%
7
Breweries,
12-15
dividend
7%
(accum.)
Works,
Circle
will
12-
$1.25
(quar.)
Water
$4.50
12-10
12-21
1
Sick's
12-15
25c
—
.
shares
12-20
25c
(quar.)_____„-
preferred
Common
12-16
Optical Co.
12-29
87 %c
(quar.)
3
Extra
12-29
15c
convertible preferred
(quar.)
Reynolds (R. J.) Tobacco, com.
(year-end)
Class B
(year-end)
12-16
3
40c
T
(year-end)
(quar.)
Co.,
Shuron
—
A
1-
*$1.7S
of
(quar.)
Mines, Ltd.
Silverwood Dairies,
25c
6%%
3.60%
Peoples Drug Stores '(increased quar.);—!_«
Peoples Gas Light & Coke^_
Perfection
3
1-
50c
preferred (quar.)
Boys
1<
75c
Pennsylvania Telephone, $2.10 pfd. (quar.)_
Pennsylvania Water & Power, com.
(quar.),
•$1
=■*'
Bros,
Metals
Stock
Industries, Inc.—
preferred
-4%%
Reynolds
2-
4%
preferred
12-15
31 %o
'
preferred
35c
common
3
*200
Co.
7%c
;
Corp.,
12-31
1-
(quar.)
8%c
(quar.)
(quar.)
(quar.)
3
.
$1.25
Y.)
2
1-
12-10
dividend
prior
Reymer &
1-17
—,i.
Pennsylvania Power
$4
2-.B
Securities
(year-end)
of
12-18
2-15
_
'
1-
50c
preferred
Steel
Stock
1-17
___
«6
1-49
50c
&
11-29
Extra
12-17
2-15
Pennsylvania Coal & Coke___
Pennsylvania Engineering
(jfear-pnd)__
Pennsylvania Exchange Bank (N. Y.) (s-a)
Pennsylvania Glass Sand Corp., com.
(quar.)
Pep
12-28
*$1.50
,
2
,
25c 2-15-49
Company
1-
Rand,
preferred
,*75c
,
12-11
12-20
12-31
1-
40c
59%c
Extra
12-11
2
$1.18%
convertible
6%
3
2
1-
30c
common
(111.)
6%
6%
(quar.)_._
(quar.)
1-
1-15
$1.25
(quar.)
Corp. of America—
conv.
preferred (quar.)
Common
12-20
$1.75
preferred
Republic
3
Holders
Payable of Rec.
*2c
preferred
Sherwin-Williams
1%
preferred (quar.)_
Inc., common
(quar.)
Renfrew Textiles,
Ltd., class A (quar.).____
Republic Investors Fund, Inc.
7
12-21
$1.25
pfd. A
(irreg.)
(N.
Mfg. Co.
$4.50
12-21
1-
25c
Corp.
Remington
12-31
12-
12-31
$1.25
(quar.)
12-16
12-24
(s-a)
(quar.)
Co.-
Inc.
12-
1-15
$3
When
Share
—
55
Sheraton
$1.25
:
1-2-49
.
20c
__
43A%
i12-23
$1
12-15
—
3%%
12-11
30c
'.Extra
Pennsylvania
12-31
12-15
12-23
3
(Washing¬
(quar.)
Bit
Bros.,
Reliance
12-20
1-2
50c
—
Pennsylvania Bankshares
Corp.
12-15
12-29
1-
'
(quar.)
Reinsurance
1
.
(quar.).
C.)
12-18
20c
12-15
4%%
Philadelphia
A
common
Roller
Extra
*45c
(qua,r.
(quar.)
common
preferred
Penney
Reed
12-31
1
Mills
Company,
A
Reeves
$1.50
(quar.)..
Penman's, Ltd.,
12-20
12-28
$1.50
.
Telephone Co.—
Common
Class
2
Stores,
Drug
12-31
1-
50c
Peninsular
Reed
3
1-
$37
12-23
1-
Company
Sheep Creek Gold Mines, Ltd. (increased)
Sheller Mfg. Corp., 5%
1st pfd. (quar.)
Shellmar Products, common
(quar.)
—
(quar.)
preferred
1-15
$1.25
.
2
1-13
——
of
preferred
Corp.,
5%
Co.
Hosiery
Owl
Reece
1-14
Co.—
common
Parmelee Transportation
Perfect
12-20
1- 2
preferred
(quar.)$1
Paramount Pictures
(quar.)
Peoria
1
50c
'•
(irreg.)
4%
$5
Silk
7%
Red
—
Express
Eastern
preferred
$6
Real
12-17
20c
Per
Name of
12-17
12%c
Co.
(s-a)_—L
12-17
$1.25
50c
2
$1.50
(quar.)
Insurance
Trust
12-30
——
(quai\)i
Intermountain
Paraffine
5%
Estate
12-30
Tubes,' Ltd. • (year-end)
American Investment Fund, Inc.—;.:—
.$6
Real
$1
(quar,)
1-
12-31
9
(2587)
Holders
Payable of Rec.
50c
•
12-
10c
Panhandle
ton, D. C.)
12-15
A
Title
$2.50
Li
Page-Hershey
.$1
3
class
Estate
12-23
8c.
.
Pacific Lighting
Corp. $5 pfd. (quar.)
Pacific Portland
Cement, 6%% preferred—
Pacific Public Service
(quar.)
'
Pacific Telephone &
Telegraph Co., common
6% preferred (quar.)
Pacific Tin Consolidated
(resumed)——
.
12-15
1-
50c
.
Extra
4%
1
partic.
Real
Corp. of California—
Indemnity
Pacific
Pan
12-11
1-
37%c
preferred——
(year-end)
preferred
Pacific
12-23
.
When
Reading Tube Corp.—
$4
preferred—
2nd
non-cum.
Pacific
.
1st
non-cum..
3-15
50c
50c
CHRONICLE
Share
Incl, $2 pfd. (quar.)__
Reading Co., 4% 2nd preferred (quar.)_;
Reading Gas Co. (Pa.) (s-a)
12-20
3-30
Company
Rayonier,
Inc.—
Pacific Atlantic
Telegraph Co. (s-a)^-.
Pacific Coast .Aggregates, Inc.
:
Pacific Coast ,Co., common____.—1.
$5
12-30
10c
—
FINANCIAL
Per
Payable of Rec.
*15c
com.
preferred
&
H older» a
(quar.t$1.25
Oxford Electric.Corp (resumed)
10c
5%
COMMERCIAL
(quar.)
'
►aJllJSW^'A'i &*V- '*^,u *
Brt^Uti
56
Ltd.,
(G.)
J25c
—
1
_
preference (quar.)
Taylor Instrument Cos. (quar.)
1-
3
12-10
Utah
£45c
1-
3
12-10
Utica
£5Gc
common
Extra
$4
1-
3
12-10
Valspar Corp.,
Van
25c
1-
3
12-15
t25c
1-
2
12-11
Common
5c
2-
1
12-11
$1.75
1-
1
12-15
,
Ltd. (interim)
Telluride Power,
7% pfd. (quar.)„
Temple Coal $6 conv. pfd. (accum.)___
Tennessee, Alabama & Georgia Ry. Co
Tennessee
Corp.
(extra)
Teck-Hughe6
Transmission
Gas
Tennessee
Mines,
Gold
Texas
Pacific
&
Mills,
1
12-10
1-
1
12-10
3
Detroit
1
1-1
12-11
1-15
12-13
1-
1
12-13
'
1-
1-49
12-15
4-
1-49
3-15
50c
6-25-49
6-16
50c
1-10
12-28
$25c
1-2
12-15
12-10
12-31
12-10
20c
12-27
12-13
Wabasso Cotton
3
12-13
Wacker
(extra)
93 %c
.
——
1-
preferred
(quar.)—.—.
Toklan Royalty Corp.
(s-a)—————
TOnopah
Mining
Co
—■——1—-
3
1-
USc
$1.75
12-
1-
3
Iron
Class
Walker
12-20
11-30
Walker
1-31
1-
3
3
3
3
12-15
tl5c
1-
3
•"
3
12-15
25c
■
'
'*"
•
■
(quar.)
preferred
4%
Co..
'
Ware
Warner
Bros.
1-
12*14
Warren
Corp.
pfd.
1-
12-14
1-
12-10
(quar.)
_
1-15
35c
12-30
5
12-23
50c
12-
3-1-49
12-20
25c
(special)
Y.
N.
_
Weatherhead
.
Union
Metal
Mfg.
Oil
$6
Jersey
West
Ohio
West
Penn
Electric
class
A
3
12-20
3
12-10
$7
1-
3
12-10
7%
50c
1-
3
12-10
6%
-25c
12-22
12-10
West
12-22
12-10
(quar.)i_—
'
(quar.)_.
Pacific
Union
RR.
(quar.)_—
1
12-10
$1.25
i
1-
3
12-
6
West
1-
3
12-
6
Co
75c
—
Union
Eond
Fund
Fund
Bond
Fund
Drill
3
Class
&
$3
United
A
Fruit
United
United
Molasses
United
Light
United
United
Piece
$4.25
Co.,
U.
S.
Corp.,
1-14
1-
12-
&
5%
Foil
S.
Co.,
12-15
12-15
U
Cold
S
$2
Storage
prior
pfd.
12-31
12-17
12-31
12-17
1-10
12-20
$5
U S Guarantee
8.
1- 5
12-14
$2
12-15
$4
1-15
12-20
(Bait.)
12-27
1-2-49
II-10
1-2-49
11-10
25c
12-17
S.
S.
preferred
(quar.)
—
Linos, 4'A% preferred (s-a)
Pipe & Foundry Co. /quar.)
U.
S.
Playing Card Co.
Extra
Stock
U.
S.
5%
U.
8.
12-
3
3
12-
A
1-1-49
1-1-49
(quar.)
Y.)
1-12
Steel
Extra
1-12
Leaf
Common
preferred
1-
2
Co.
5%
3
12-29
12-15
1-15
12-20
The
1-15
12-20
bidding
12-24
12-13
vious
1-
3
12-15
result
1-
3
12-15
Extra
Utah
,
•
60c
(quar.)
Sugar
Co.—
class A preferred
*
..
:
H.)
Grocery
,
12-15
12-20
issued
12-15
1-15
12-15
1-
5
11-26
1-
5
II-26
1-
Federal
The
12-3U
2-15
22-
1
3-17
1-3-49
12-16
1-
3
*25c
1-
3
12-10
25c
1-3
12-15
$1
1- 3
12-15
75c
12-27
12-16
12-27
„
has
authorized
transmission
gas
cubic
111,000,000
of
feet
.
—__
Iron
&
Co.
new
12-15
....
1-
3
12-
Manufacturers Light and Heat Co. of Pittsburgh, Pa.
into the Appalachian area.
Tho facilities which the Commission has authorized in this instance
only
Gas.—T.
168,
2330.
p.
-
3
12-
3
12-27
12-13
Operating
12-10
Operating
expenses_
Federal
1
1-20
12-28
12-20
2-
1
1-20
Prop,
2-
1
I-20
Amort,
1-15
1-15
12-31
12-15
Net
30c
12-31
12-15
Other
10c
2-15
1,641,400
1,633,000
290
5,212
3,304
$584,892
$487,237
$5,816,705
10,146
64,496
$4,905,354
12,682
12-20
12-10
Gross
$497,383 ' $5,881,201
1
Interest
$4,918,036
125c
•
1- 3
12-
oper. revenues
Income (net).
$1.12%
1-
2
1-
1
12-13
1-
de¬
114,370'
1,629,594
1,281,597
$382,653
$4,251,607
$3,636,439
the period
865,050
865,050
144,370
(net)
12-24
12-31
dividend
12-31
11-15
$1.50
1-31
1-15
requirements for
*
II-15
$2.50
—V.
$453,581
income
Net
Preferred
3
50c
56'Ac
12-11
2330.
168, p.
•
r. V
•
;
Textron Incorporated—Chatham
Royal
had
Little,
President,
made
been
Contract Extended—•
Dec. 8 announced that an arrangement
Manufacturing Co. whereby tboy will
of Bunny
Esmond crib blankets ui tjie
on
with- Chatham
1-
2
1-
2
12-11
25C
1-
1
12-10
$1.25
1-
1
12-10
183/4C
12-23
12-11
12-28
12-11
50c
12-29
12-13
12-29
12-13
50c
;
(initial)
12-28
12-16
tured
$1.25
12-28
12-16
as
12-24
King, former Vice-President of Textron, Inc.—V.
common—
'
J 40c
1-10
25c
12-20
$3'Ac
1-3
11-26
3
12-20
25C
1-
12-
the
continue
manufacture
Waynesboro
(Va.)- plant.
Albert L. But'er, President of Chatham
Manufacturing Co., stated that his company will produce and distribute
the new line of the famous Bunny Esmond blankets to customers pre¬
•
viously served as well as to other sources.
New Unit to Produce Nashua Line—
Dec.
•Effective
7,
the Nashua shower curtain line is being manufac¬
Nashua label by a new company to be known
Co., Inc., which will be headed by James A.
and sold under the
Manufacturing
Ames
168, p. 2232.
1
Tishman Realty & Construction
Norman
Tishman,
Vice-President
and
25c
2-
1
1-20
poration
25c
3-
1
2-19
succeeding
3-15-49
2-28
10c 6-15-49
Co., Inc.—New Pres.—
director
a
of
this
cor¬
15-11
Paul
:
10C
:
Common
12-15
1
12-15
Yellow Cab Co.—
25c
(quar,)
1-. 3
12-20
12-10
preferred
12-20
12-
1
6%
convertible
12-
I
6%
convertible preferred
6%
convertible preferred
Corp.
1928, has been elected President,
becomes Chairman of the board.
Tishman, Senior Vice-President and a director since the incep¬
of the company, has resigned.—V. 167, p. 2054.
since its
David
incorporation in
Tishman,
New
York
(quar.)
1-20
4-20
37-%c 7-30-49
(quar.)
—_______
1-31-49
37'Ac 4-30-49
7-20
37 %c
<quar.)_
(quar.)
'
12
v
i-
3
12-15
on
Dec.
Curb
Exchange
has
■
Dec.
10
been
advised
that
the
name
transactions
in
.
1
■
this .corporation's
$1
par..value'
stock were recorded ;under the/ new name of the company.;
Howard
H.
/
of
changed to Altes Brewing Co.,, it was announced
9.
Beginning
,common
who
Co.—Changes Name—; V
Tivoli Brewing
The
this company has been
12-20
Yolande
tion
12-10
15c
Yale & Towne Mfg.
>
v
l?-24
$1.06'A
$597,951
^
other
and
13,059
'
—:
income
ductions
common__
966,605
1-28
30c
(quar.)
123,000
542
;
2,340,190
12-31
25c
:
146,400
approp.
res.
889,636
limited-term
of
investments
1-2
25c
—
100,748
—
retir.
2-
236,544
74,961
10,760,336
2,870,929
1,104,831
9.801,669
277,435
taxes
Other taxes
50c
$1,837,455 $22,199,413 $19,-650,122
$1,966,708
882,478
revenues——
12-24
25c
1948—12 Mos.—1947
1948—Month—1947
Period End. Oct. 31-
$1
preferred (quar.)
Wysong & Niles Co.
;
,
part
Texas Power & Light Co.—Earnings—
3
1-
$1.25
(quar.)
Lothrop,
for
day
extending from northeastern Kentucky into northern Ohio pending
further hearing Jan. 5, 1949, on other facilities proposed by Tennessee
:■
com.
the
of
50%
Petroleum,
to
specific
company
per
"
$1
.
_
—•
.____
for
gas
12-16
(quar.)
(year-end)
(quar.)
the
facilities
of an over-all expansion program for which the
Tennessee company is seeking authorization. Approval was given for
construction of approximately 516 miles of main line loops along the
company's existing system, 85 miles of lateral line, and additional
compressor facilities.
Over-all cost of the authorized facilities is estimated at $49,569,391.
The
Commission deferred authorization of a proposed 238-mile line
12-22
1
■
the Southwest
from
represent
1
1-10
4-
natural
transporting
of
account
the
12-31
3
2-15
1945.
Commission
Power
add'tional,
build
3
25c
Co.,
12-30
12-24
by Tennessee Gas since
Expansion Program Authorized—
1*
50c
(quar.)
Steel
4
Corp.
1-
$1.25
,k
(quar.)
series)
(1897
Co——
Yankee Fibre Tile Mfg. Co,
12-31
that
testimony
12-15
Power—
12-16
'
pre¬
1
1
75c
.
2
15c
its
of
1-15
1-
purpose
(quar.)__
(quar.)
(quar.)__—
1-
.j
competitive
a
negotiated basis would
for expansion.
it was disclosed through the
money
stated
order
Commission's
of
ooposed
continuation
a
75c
common
15c
(quar.)__
cost
t
"1-3
(s-a)_
—
20C
______
Idaho
overall
lower
a
a
on
of an officer and director of Stone & Webster Securities
that his company and White, Weld & Co., jointly had managed
underwriting groups for the sale of all the securities that had been
12-
12-22
'
Upson-Walton
the appropriate means by
independent offers for the
Commission,
the
to
requirement and contended that
of arranging for financing
in
The
8
according
company,
$1
1-12
1-
Gas Act,
competitive
"that
stated,
FPC
method
Monthly
12-15
Natural
the
of
(E)
$35c
„——:
1
25c
the
reveals,"
record
40C
2-
$1.12 Ma
7
it had the power to attach to the certificates
condition requiring competitive bidding.
"The
financing required."
25c
$2
nuar.1—_
a
the securities appears to be
applicant company can secure
Monthly
12-15
12-29
for
the
12-24
the
of
bidding
which
$1.25
Corp
Common
(quar.i
1-19
1-19
$1.25
30c
(quar.)
preferred
2-15
case
Section
under
that
1942,
this
in
40c
Wool Combing Corp. of Canada, Ltd.:
Worthington Pump Si Machinery Corp., com.
Wright-Hargreaves Mines, Ltd. (reduced)__
Wrigley (Win.)., Jr., Co.
(monthly)
12-15
Y.
N.
t50c
dividend-
Woodward
Co.—
quar.i—
(increased
evidence
in
amended
$1
12-15
1-
75c
Universal Winding Co.
Upson Company, 4'A%
12-17
as
2-15
$1.25
—
Co.,■ common
preferred
Stock
12-20
25c
(quar.)
Tobacco
(increased
12-30
4
held
FPC
issued
25c
common
preferred
Electric
Woodward
Buffalo,
to
,
supplemental;
miles of
395
Kentucky
Northeastern
from
and
bonds.
The
12-10
20C
Oil
preferred
Woodley
12-31
1-
$8.75
;
Universal
Machine
Lovett
(Alan)
12-31
3
the
12-27
$1.12'/a
(quar.)
Co.
A
Oil
5%
II-30'
6?%c
.
(quar.)
&
West Virginia,
and
25c
12-16
93 %c
(quar.)
(N.
12-15
12-
25c
,
Stuart & Co. Inc., investment bankers, intervened in the
before the FPC to request the bonds to be sold at com- ;
petitive bidding.
The investment concern plans to make an offer for
12-20
25c
section.
to
In
Halsey,
12-15
common—____
common
Company,
Wood
Printing & Lithograph—
preferred
Trust Co.
3
3
*
.
a
proceedings
12-13
11-
12-16
25c
(quar.)„
class
Wiser
R
$1
common
6%
12-17
12-20
50c
(quar.)
12-29
Co—_________
(Consider
8
70c
dividend
Universal-Cyclops
8%
12-24
1-
12-10
$1.50
(quar.)—
preferred
Electric
Wisconsin
8
1-
3
12-10
55c
3
12-
*1.75
1-
nessee,
Kentucky
transmission line
12-20
Bidding?,
Co.—FPC Orders
build an additional 909 miles of line along
Texas, Louisiana, Arkansas, Mississippi, Ten¬
plans
system
existing
$1.05
4'/2%
preferred A (quar.)
j.—
Winnipeg Electric Co., common
5% non-cum. preferred (s-a)—
3
12-
22 '/2 c
_
preferred
12-
12-23
12-31
2%
;
Plywood Corp.,
3%%
12-23
35c
_I
7
The "company
$1.12'/2
(quar.)
Corp.,
Oil
12-22
75c
__
12-
12-27
the new
construct
to
Its
1-17
_
Corp.
Winn
12-22
12-28
$1.50
U.
S.
12-16*
12-28
50c
—III
(quar.)
mission
12-14
$1.50
Wilsil, Ltd.
Willys-Overland Motors, Inc.—
$4.50 preferred
(quar.)
Wilson & Co., $4.25 preferred
(quar.)
'■
12-16*
50c
;
:
common
$0.56
: ' : \
ruled Dec. 9 that
Commission
Power
3
1-
12-20
(quar.)
Ltd.
Willett
12-16'
1
1-
12'/2c
(quar.)—
U.
U.
12-28
'
$1.75
~
1
12-15
40C
—
(quar.)
A
Wilcox
3
12-28
25c
_
-
$1.25
& Stationery,
Paper
River
Wico
1-14
(year-end)
2
Co.
prior pref. (quarJ
preferred (accum.)
6%
Extra
7 %
prior
Wichita
.
(quar.):.
226,600
$0.74
bond issue to.
finance new construction had to be sold at competitive bidding.
The
issue concerned is the $50,000,000 of first mortgage bonds that arei
to be sold by the company to finance construction of two new "legs'?
in
its
pipeline system.
The FPC also granted the company per- j
Federal
12-15
683Ac
Whiting
I-
226,600
Tennessee Gas Transmission
The-
12-28
35c
12-14
1- 5
50c
Co
1-
12-
3
15c
;
Inc.
Sewing
12-30
(Irreg.)
$127,694
$49,804
226,600:
$0.22 ,
;
for Bond Issue—
3
$1.50
(s-a)
Steel
Motor
37'/2c
;
Gypsum Co.,
12-31
1-
50c
Corp.—
Special
U.
12-31
1-15-
•.—
RR.
(George)
White
12-15
1-15
conv.
1-15
—
(quar.)
Tablet
Whitaker
12-29
Participating
12-10
Extra
$1.75
partic,
—
Pacific
Wheeling
$1
A
12-20
(quar.)
Stores
Weyenberg Shoe Manufacturing Co.
Special
Wheeling & Lake Erie Ry. (quar,)
50c
B
(year-end) —preferred (quar/)
1*14
$1.25
(year-end)
12-15
70c
Class
1
25c
outstdg.
shares
$1.75
1-3-49
17'/2c
......
78,264
$167,971
768,025
12-13
~
U2'/2C
pfd.
1
2-
^—_
Weston
62'/2c
105,369
858,458
226.600'
•
$0.26
Earnings per share_____
—v. 168. P. 651.
25c
11-15
(quar.)
-
Guaranty
class
(s-a)
White
$4.20 2nd
Capital
12-13
17 Vac
12-20
$1
._
30,526
38,249
*
12-15
Pennsylvania Ry.—
&
Westmoreland,
40c
(quar.)
$1,064,426
791,086
$973,983
*
12^-18
62'Ac
<
common
common
in-
profit'
$1.75
Co.,
Canadian
taxes
come
12-17
—
6
1- 2
13,927
'$334,353
•'254,025
$361,186
264,479
incl. depreciation
and
1
I"
12-
(s-a)
8
$1.06'A
Total
12-27
$1.50
12-
1-3-49
■
12,798
3,797
12-27
;
5
—
12-
1-3-49
'
4,415
12-15
^
12-28
$2.50
(quar.)—
Finishing Co.— '
preferred (quar.)
7%
preferred (quar.)
7%
12-27
2'/2c
(year-end)
12-31
50c
$4
•
11-30
5
preferred (quar.)
preferred
tquar.)
5%.
12-10
3
Y.
preferred
5%
U. S.
U.
12-27
1-
Ltd., class A (quar.)______
preferred
-Western
9
53c
(quar;)_____;
preferred
N.
Common
12-10
1-3-49
58y3C
(quar.)
Wallpaper, Inc.—
Fidelity
I-11
25c
(annual)
common
Canal
preferred
Stores
1-11.
1
10%
(quar.)————
convertible
Fed.
___
Western
:
Shoe Machinery,
common
preferred
Steel
Corp., Ltd.—
United Stockyards Corp.—
4%
Exps.,
11-30
1-
1-
(quar.)
25c
6%
United
11-30
______
60c
United
United
1
2-
Works—
Dye
conv.
2-
50c
United
70c
Extra
Western
common—
preferred
&
preferred
11-30
12-27
75c
J.
(quar.)
Light & Telephone Co., Inc.
Western
12-22
12-14
—
(monthly)
Corp.,
partic.
RR.
12-10
2
-12- 3
_
Co.—
preferred
J.
3 2-20
12-23
(quar.)
Co., Ltd. (interim)—
National
N.
3
12-27
1-
preferred
$1.40
12-20
Fund
& Railways
Non-cum,
United
12-10
£75c
prior preferred (monthly)„:
6.36%
prior preferred (monthly)
prior
12-20
1-
charges_
accessories
supplies &
25c
35c
preferred
Department
20c
—.
7%
6%
Western Grocers,
Ltd.—
Corp._
Illuminating
Income
Western
12-10
Common
preferred (quar.)—
(quar,)—
United
11-30
25c
(quar.)
(quar.)
12-10
$1.75
(accum.)
Co.
Gas
United
pfd.
Investments,
class
11-30
service
profit on sales of
50c
preferred
5%
12-10
5%
__
T
Fuel
6%
United
3
$3.50
Virginia Pulp & Paper (quar.)
Special
West Virginia Water Service Co., common—
4y2%
preferred (quar.)
12-20
15c
A' (quar.)_
class
Corp.,
Corp. .7%
Dyewood
1-
12-27
1948—9 Mos.—1947
$1,051,628
$960,056^
1948—3 Mos.—1947
$357,389
$329,940
Period End. Sept. 30—
85c
preferred (qufir.)_______—
preferred B (quar.)—
Texas Utilities, $6 pfd. (quar.)
12-20
10c
Tool
Co.
Power Co.,
Penn
12-20
75c
pfd. rquar.)
(quar.)
Extra
United
.
Stock Fund.
Common
Corporation.
United
Fund——
Stock
Preferred
Union
Union
TelAutograph Corp.—Earnings—
8
25c
(quar.):
(quar.) ______
32c
——_
12-
Gross
$2.62 »/2
(quar.)
preferred
preferred
15c
"C"__
12-17
25c
(quar.)
Co.
9c
"B"
Union
19c
"A"__
Bond
(Continued from page 16)
12-17
1
1-
12*20
Earned
__________—
& Seashore RR.
Gas
19c
Union
Union
United
"
12-14
12-14
Inc.—
Funds,
Trusteed
12-23
12-23
12-11
12-20
West
Year-end
>
Net
4.20%
$1
Sulphur
3
45c
4'/a%
12-22
*
$1
Union
1-
12-27
12-27
Corporation and
Investment News
t20c
Inc.
3
1-
1-
—
preferred
12-16
12-20
—
Snowdrift
&
12-20
12-23
1-
—
common
3
12-20
(quar.)__
$5
West
$1
Co.,
Extra
1-
General
$1.37'/2
Corp. ' (quar.)
Wesson
$1.50
Carbon—
&
Co.,
Fund,
Wellington
$1
(quar.)
Cor
'
.CarbFde
Union
Rubber
&
1-10
30c
(quar.)—
(quar.)
Products
4
25c
—________
Asbestos
12-10
20c
50c
Quarterly
Union
12-15
1-20
5C
;
1
.
.
12-31
3
(quar.
Webster-Chicago
3-19
12-
1-15
$1
——
of
Co.
1-15
12-20
3
12-18
133Ac
preferred (quar.)
.
tax.
8
62'/a C
(quar.
Motor Co.
Screw
Wayne
12-1
1-3-49
62 %C
(quar.)
12-23
62'/2C
Canadian non-residents' tax.
"
deductible at the source. .Non¬
income tax.
Jamaica
30%
xLess
12-31
25C
1
37'/2c
preferred
Trust
12-
dividend.
this
for
12-13
12-22
6c
(quar.)—
308 South LaSalle Street Corp., com (quar.)
Underwriters
12-24
closed
not
Less British income
a
3
—
class B
Knitting Mills
Wayne
12-20
-
12-13
1-
12-15
1-
7-15
12-24
1-
—
(s-a)
Pictures. Ine
Ltd.
Waterous,
Waukesha
12-28
(quar.)
Tyler Fixture Corp.. 5'A%
Udylite Corp.
(quar.)
RR.,
Company
12-20
12-20
62'/2c
—
Inc. (irreg.)
:
———:
Twentieth Century-Fox Film Corp.—
convertible
Warner
12-23
12-23
31'Ac
—
1-15
1-15
12-10
in U. S. Funds, less 15%
in Canadian funds, tax
resident tax 15%; resident tax 7%,
4-15
8-1-49
5c
(year-end)_—
Class C
50c
:
(quar.)
2-1
2- 1
12-20
tPayable
tPayable
1-
—
(quar.)
guaranteed
Brothers,
50c
———
—,
Common
preferred
River
12-14
12-14
53y8C
Trunz,
$1.50
5'/2 %
11-
(quar.)
1-15
£31'Ac
t37'Ac
loc
—
resumed)
corp.
books
♦Transfer
25c
••
A
mass
1-15
2- 1
(quar.)__
(quar.)
Products
Zonlte
62'/2C
———________
£25c
"
(s-a)
Royalty
Products
Common
1
12-14
3
1-
J25c
Year-end
£$1.12%
""
*
—-—
Treesweet Products Co., $1.25
Trico
1-
I-14
75c
(quar.)___
12- 1
2- 1
t50c
preferred
25c
;
<-
£25c
Transwestern
Year-end
1-10
'
—
preferred
Trailmobile
1-17
12-17
87'Ac
'
Un]tia!)~I_—
-
1-27
12-28
12-17
$1.75
Special
preferred (quar.)—_______
6% preferred (quar.)
r__,
Walworth Company
(year-end)
Walt Disney Productions—
6% conv. preferred (accum.)—
Ward Baking Co., common
(quar.)
$25c
"
Extra
4%%
_
__
5%
12-15
1-
$1.75
Corp.,
UlYtrfl
B
6
Class
12-15
1-
11-30
3
5-2-49
1-3
t37'Ac
-
12-15
1-
t$1.25
prior pfd..—
Traders Finance Corp, Ltd., class A (initial)
Class
Products,
12-20
2-1-49
1-
H-19
(quar.)_—__—
common
5%' preferred
12-15
25c
12-15
1-
20c
Securities
(year-end)
Company, $2.50 class A
Vitamin
2
1-
50c
—
6
„A
,,
„
1- 3
$1
Extra "
6%
62'/2c
12-30'
tl5c
1
'
Toronto Mortgage Co.
(quar.)^_—_______
Torrington Manufacturing
—
Towne
&
12-
t25c
(initial)
Corp. (quar.)
Inc. (quar.)_
System,
12-15
J15c
V
—
12-20
„
—25c
-
Ltd.
Zellers,
12-15
■
Co..
Steel Door
Extra
12-21
12-13
12-31
J20c
'
U-ai
n
—-
Youngstown
12-17
12-31
ciass
Sheet & Tube
12-17
12-17
12-13
12-22
25c
$1
Knitting Milis, Ltd.,
Extra
12-10
12-27.
15c
-
tlOc
common.
(quar.)_________—
A
3
-
Ltd.,
Works,
Extra
1-
________
Co., Ltd., new com.
6% preferred B_—
Waldorf
3c
"
;
Co
Iron
Electric
5c
—
—
12-10
55c
12-15
tl5c
Ltd
Brothers,
3
87 '/2c
Baking Corp., common
preferred
(quar.)
7%
3
1-
1-
(year-end)
common
(quar.)^____^
&
Corp.,
Wagner
2
12-15
12-30
35c
15c
12-10
tS1.25
Works,
Wagner
7%
Toronto
Mold
Vulcan
,
12-10'
12-20
50c
1
I25C
—
:
;
Year-end
1-
1- 3
1- 3
12-22
37'Ac
56'Ac
s-a)
(increased
common
Youngstown
*56C
preferred
12-31
Tip Top Tailors, Ltd. (irreg.)—
Tishman Realty & Construction Co.—
Increased quarterly
Tobin Packing Co. com. (quar.)——_—
Tooke
Chemical
$1.06 y4
,
12-13
Corp.,
preferred (quar.)
Corrugating Co.
Holders
When
Payable of Rec.
Share
Company
4'A%
York
York
common
$1.12 »A
(quar.)..
Co.———————.
Axle
1-
12-11
50C
common
(quar,)
12-20
25c
(quar.);.———
B
Associated Oil,
12-10
12-28
25c
________
12-20
25c
York
Ltd.
30c
(year-end)—
Virginia-Carolina Chemical Corp.—
$1.50
6% partic.-preferred (accum.)
Virginia Electric & Power
$1.25
$5
preferred
(quar.)
62 y2c
Virginian Railway, common iquar.)
37'/2C
6%
preferred
(quar.)
37 '/2c
6%
preferred
(quar.) —
37 V2C
6%
preferred (quar.)
50c
Vlchek Tool Co., common
(year-end)___—
$1.75
7%
preferred (quar.)
80c
Vogt Manufacturing Co. (year-end)__
__
$4.12'/2
Vulcan Corp., $4.50 preferred
(accum.)
75o
$3 conv. prior preferred Jquar.)
80c
Vulcan Detinmng, common (year-end)
35C
'7% preferred (quar.)—
'
12-10*
1-
12-29
50c
6
1-17
2-
Name of
•
12-21
1
■
Victor Equipment Co,
$1
common
12-
1-2
$2
preferred (quar.)
5%
75c
31'Ac
Ltd.,
3 '/2 %
15c
Ltd.
preferred
Tiniken
1-
——
3
1-
62'/2c
preferred
Victor
50c
___j—
preferred
Water
,
12-10
*,
(quar.):—
Thrifty Drug Stores, 4V2% pfd. A
4V!»%
1-3
:
(quar.)
Stores,
$3.75
1
•'*■
Corp.
Tide
6
12-
$1.02 y2
•Common
Thrift
12-
1-11
—
Common
Thor
12-11
12-20
35c
Ry.
Cotton
12-24
$1.O0V4
Textiles, Inc., common—
"
4%
preferred (quar.)
Textron, Inc., common (quar.)
$1.25 preferred (quar.)—;
Thomaston
Viau,
25c
—
(quar.)_
(s-a;___.
pfd.
prior
of Canada,
Corp.
4'/2%
25c
common
(quar.)
(quar.)
:n
Company
(quar.)
Gulf Producing (year-end)
Norman
40c
(increased)—
Co.
5%
Co.,
$4 conv. preferred
Company—
Payable of Rec.
Formerly Verney Mills of Canada—
25c
preferred
4.25%
Texas
—
preferred
4.10%
Texas
+
—
Light
Knitting
Verney
Taylor, Pearson & Carson (Canada), Ltd.—
&
Power
r
Per
Holders
When
Per
Share
Name of Company
Payable of Rec.
1948
Monday, December 20,
CHRONICLE
FINANCIAL
&
Holders
When
Per
Share
Name of Company
Tamblyn
COMMERCIAL
THE
(2588)
Colby,; President and Chairman of
the board,
said
v d
the
Volume 168
decision
made
was
which
pany
Number 4761
eliminate
to
makes
Altes
the
existing
and
Lager
THE
confusion
beer made
the
the
to
as
by
the
Altes
a
sold
was
companion
first
to Tivoli
it was reintroduced in
centrate
beer
beer
1936.
When
it was decided,
year later,
a
to
withdrawn
the
irom
to
168,
market Altes
Lager on
nation-wide basis at
a
local
a
price.—
registrar for
the
stock.—V.
168,
directors
have
declared
dividend
a
of
31
cents
share
per
paid in
The
usual
quarterly
preferred
holders
record
of
dividend
stock
Dec.
24,
$1.50
of
also
was
1948.—V.
share
per
declared,
168,
1947.
the $6
on
payable
Jan.
Preston Tucker on Dec. 10 offered
the corporation.
He made the. offer,
financing
produce
to
Net
that I would be
the
by
in
directors
of
months
two
1948
—V.
106,456
92,699
"
■
pointed
of
receiver.
a
One
for
suit;
>
for
1,661,205
"Net
$249,454
$0.21
2164.'
Of
the
Federal
lease
its
on
lease
Tucker
for
from
$200,000,000
of 40 Tucker
group
seeking to raise from
meet
dealers
order
an
taking
plant.
current
meeting
could
of
Profits tax
,.
current
$1,342,409
$1,480,429
$2.53
$2.45
1948
charges
1947
$200,377
....
interest
■
9
in
dealers from
It
the
drew
10
War
the
$413,919
and
1948—Month—1947
after
net
$2,296,531
asked
for Dec. 29.
The
withdrawn if the corporation
be
Ohio
Net profit
and
southern
Michigan
are
Earnings
$3,000,000 to help the corporation
plans for the fund raising at a
168, p. 2439.
up
"After
the
full
$11,541,000
after
1948
year
for
were
sales
will
approximate
$268,635 in 1947."—V.
Profit
after
after
Federal
taxes
profit
"Earnings
Period End. Sept. 30— "
Net sales
Sell.
profit
&
oh
1948—3 Mos.—1947
Income
$1,664,490
$2,248,118
$3,389,562
1,512,220
1,764,509
2,926,247
per
on
Dividends
Other
$152,270
$483,609
$463,315
The
$1,765,803
Gross
$4,972,793-
of
$1,031,284
9 Mos. Ended
Net
$2,233,119
128,624
218,215
256,411
30,000
220,000
205,000
$118,978
.<$334,998
$608,069
$1,216,708
$1.22
$2.44
$0.24
$0.67
outstanding
(less
and
held
in
—V.
1488.
P.
2,774,132
934,673
$2,243,429
:
A
stock
common
.
.
stock
(no
par)
at
$22.50
Telephone
Co.
of
share.—V.
per
on
on
record
before
or
Jan.
Jan.
24,
3,
1949
the
the
and
repayment
The
of
and
company
improvement
1949
for
is
Clinton,
Mifflin,
general
of
term
be
the
added
one-additional
to
the .general
No
Perry
and
corporate
company's
including
purposes
plant
facilities
and
loans.
Among
the
more
important
are
Bedford, Carlisle, Chambersburg, Gettysburg, Hanover and
Waynesboro., Contractual relations with Bell Telephone Co. of Penn¬
sylvania and other independent telephone
companies provide for an
interchange of toll service.
'
Operating revenues for the 12 months ended Sept.
30, 1948
$2,174,490 and net income available for. dividends amounted to
or
before
and
Dec.
1-,
1953;
$103
per
will
at
at
effect
addition
29,508
of
stock
thereafter
Giving
in
preferred
this
to
the
to
shares
of
156,
$104
.
shares
share
on
at
or
$105
before
J)ec. 1,
on
1958;
company will have outstanding,
4%%
cumulative preferred stock,
($50
2312.
share
per
the
of
stock
p.
redeemable
per
share.
financing
6,000
common
$2,816,000.—V.
be
"
pan*,
together
with
funded
debt
&
Christensen,
proposal
to
issue
business
of
Montana
p.
2376.
20-year
1st
Service
Inc.,
Denver,
4%-5 %
Corp.
bonds
has
.
state
,to
been
Operating
Deprec.,
drill
profit
depl,,
costs
&
—
that
acquire
eomnanv's
plant
abandoned.—^v:
and
Net
.
$1,095,408
.
504,049
1,703,170
$591,359
'
$2,271,343
135,860
278.585
$2,665,970
"1948
taxes—
$82,897
share
per
of
increase
over
year.—V.
168,
of Interest—
24,
deposit
bonds
to
be
therefor, shall continue to be
delivery in settlement of Ex-
a
3,
is
payable
the
at
1949,
Bank
must
of
the July
carry
Montreal,
the
Securities
and
1,
York,
New
mortgage
4%
bonds,
due
year.
Exchange Commission
a
were
retired,
the
at
invitation
general
were
purchase
price
tenders.
for
At
outstanding.—V.
of
the
shows
that
$4,202,282,
end
168,
Jan.
in
$8.51
'
$6.94
sale
West
Corp.
$10)
(par
to
reoffering
in
of
pur¬
November,
2332.
p.
DeCi.
on
Sulectra,
of
the
awarded
6
Inc.
stock
is
on
20,467
bid
a
planned.
of
shares
$12.98
Other
of
com¬
share.
per
bids
received
at
Robert
were:
W. Baird & Co., Int.
and associates, $12,919;
Co., Inc. $12.88: Blyth & Co., Inc., $12.66; Smith,
$12,651; Goldman, Sachs & Co. and L. F. Rothschild &
Becker
sales
Interest,
&
&
Carl
Co.
M.
and
Rhoades
Loeb,
associates,
&
$12.53;
and
Co.
Otis
&
associates,
Co.,
$12.427.—
•
•
.
and
operating
rentals, and
Total
revenue
of
19,
cost
of
subsidiary, the
1948,
amounted
record
Dec.
14,
Social
and
Depreciation
Taxes, other
and
Int.
1947
$26,607,175
.,55,682
76,226
i
Net
and
2,706,340
51,999
152 306
154,842
purchased—
6,720,354
20.210,188
16,081,421
307,495
927,889
717,642
social
1st
on
income
_
security
i—.
taxes
exp.
.
insur,
group
depletion
than
tax
$1,011,080
160,583
160,583
$253,175
160,583
$3.43
$6.30
The
$1.57
to
directors
71,000
Dec.
20,
1948.
March
on
31,
the
on
usual
also
declared
common
stock,
June
quarterly
30
and
stock
dividend
convertible
preferred
31,
holders of
record Dec.
1948 to
Is
stated
the
that
regular
common
quarterly
it
is
the
quarterly
stock.—V.
directors
on
Dec.
of
in
12l/2
stock
20,
3,
of
15,
made
15
each
The
nine
21
With
and
as
cents
per
realized
to
the
Oct.
share
during
the
stockholders
the
of
a
payments
compared with
48
is
of
25
this
377,076'
87 954
adjustment,
362,747,
—— „
-
$2.11
net
share.—V.
265,130
120,915
requirement-
prof't
168,
declared,
of
cents
dividend
cents paid
in
from
Both
14'cents
year
authorized
$4.38
would
be
"$5.28
$1,613,121,
equal
1946.
p.
announced
company's
the
stockholders
stock,
sions
It
and
was
for
the
$25,
par
out
for
manufacture
the
machinery.
this
90-acre
that
tract,
of
action
volume
completion "f
pointed
on
a
that
expanding
pleting,
the
Its
the
a
of
share
per
will
of
28
locks
a
The
extensive
is
made
amount
1947.—V.
to
on
79
168, p.
of
COMPARATIVE
record
sales
"Cost
Net
Other
be
April
cents
1946.
21,
of
10
23.
cash
for
operating
present
its
of
time
Philadelphia
Yale
25
materials
is
divi-'
com¬
Division
handling
school lockers.
cents
per
stockholders
of
share,
Dec.
10.
—9 Mos. End. Sept. 30—
1948
1947
$14,711,474
$48,854,877
$44,598,952
13,825,062
45,661,181
41,522,539
266,152.
from
ordinary
income—
593,984
$2,482,429
83,696
$2,815,910
$2;769,156
112,358
$620,260
.-—J—
.
734,984
$2,458,712
357,198
$703,956
oper.
—
charges
'
taxes
on
income—-r:.
;
earnings
(est.).-
286,727
91,982
244,321
276,570
1,115,406
1,093,312
$335,404
$1,456,183
$1,563,486
.
Prov, for Federal, State and
foreign
Net
previously
record
ACCOUNT
3 Mos. End.
„
sales
income
Interest
on
July 21
share,
per
Dec.
conserve
its
Sept. 30, '48
1
Total
security
made
in
out-
dividend,
automobiles,
and
of
INCOME
•
Net
to
cents
will
(all
stock
•
the
to
in
the
for
lines
quarterly cash dividend
payable Jan. 3, -1949 to
1948:
hereafter
short-term
increase
an
shares
fae'lities.
at
plant
new
taken
14.
each
of
5%
a
The
usual
declared,
dis¬
per share,
which will be
"special distribution"
net
13
486,656
business
company
luggage, coin boxes, vending machines
of
interest,
payments
was
olant
ne,v
payable Dec.
directors
Dec.
on
from
company is also in process of
equipping its newlySpecialties Division plant at
Salem, Va., where Yale
specialty
and hardware are
produced for manufacturers of
built
were
on
of
standing) to 686,656 shares, the directors declared
(24,333 shares), pavable Dec. 31 to
stockholders
President,
cents
initial
Manufacturing Co.—5% Stock Dividend
capital
Depreciation
derived
year.
record Dec.
distributions of
20,
stock
Ibis is the first stock distribution
to be made since 1922. Calvert
Carey,
1260.
declared
which
$1,433,121
stock—
1948.
representing net Income from dividends and
charged to the income surplus account; and
profits
div.
common
1946.
share
per
present' intention
166, p.
25
holders
cents
1948.
cents
of
to
1949
November,
also
was
dividends
14
85,000
$2,383,890
preferred stock—,
l'ale & Towne
Whitehall Fund, Inc.—Year-End Dividends—
The
preferred
Following approval
the
dividend
Jan.
Sept.
was
cumulative
It
a
payable
Quarterly distributions
common
154,000
$1,109,534
-.
common
year
934,000
.
$1 Annuar Dividend Basis—
have
the
on
prior
per
200,306
4,025
1,697,000
per sh. new $10 par com. stk,.
$6.18
$265,435.
Earned surplus was charged
which is the remainder of the total cost
cum.
5%. pfd.
"After
to
have passed a resolution
directing the officers of the
to proceed promptly with such steps as
may be necessary to
for a public offering of a new class of cumulative Convertible
share
par
after
preferred stock, to provide the corporation with
approximately $1,500,000
of
additional working capital to meet the
requirements of the
company's greatly expanded business.
per
cum.
$10
7%
-
directors
arrange
5%
new
Earned
moving machinery, equipment, and
J. Tagliabue Corp. (N. J.), acquired
C.
old
new
On
1945
7,077,069
239,923
4,025
781,000
income
On
1946
7,809.933
93,365
mtge.'bonds-
tax__
On
(& Subs.)—Earns.
'
—
The
j.
$11,845,112, $33,579,154 $26/683,401
'
' '.
"f.
*
'
Pennsylvania income
Wheeler, Osgood Co., Tacoma, Wash.
Plans Public
Offering of New Convertible Preferred Stock—Common
company
17,891
,
taxes
services
income
and
Federal
„
on
Sept. 30
1948
$33,523,472
o^er ipcome^
and
security
Materials
1948.
amount of $159,261,
deducting $106,174 for the related reduction in Federal income
attributable thereto and charged to. income.—V.
168, p. 2332.
Stock Placed
9 Mos. End.
$11,827,221
-
income
Employee Costs:
Wages, salaries
de¬
also
$551,090
$2.79
period,
the
tax
$1,289,122
185,860:
Middle
3 Mos. End.
$121,030
was
,
1948.
that the bonds, and certificates
ex-interest 2%
on
Jan. 3,
1949; that
sept. 30,'48
'
1947
$447,992
160,583
after
of
1,376,843
278,585
$3.19
to
bbnds
G.
Net
1947
Co.—Weekly Output—
Sept. 30—
this
inventories
Dec.
$766,578
19%
a
—
per share
'"During
1948—9 Mos—1947
$4,074,513
I
603,949
1948
—.
electric
Co.—Earnings—
1948—3 Mos.—1947
$2.75
of the
Cap. shs. outstdg—„
on
$1,370,627
a
total of 8,457
2,690,713-shares of
$2.22
.
taxes-:—
share,
after
maintain
Federal
Net-in-ofit l:-„;__.f'„
Capital shares outstrig.
Earnings per share_
•
$2.95
$2.53
Sept. 30—
per
profit
Earnings
loy,
intang.
income taxes
297,998
Weston Electrical Instrument
Corp.
(Including Wholly-Owned Subsidiaries)
End. Sept. 30—
$683,659
303,998
share
after
9 Mos. End.
The
#
Universal Consolidated Oil
Period
Dec.
on
Dividends Declared:
tribution,
_
,
the
bonds
$12.5399; Loewe
V, 168, p. 2165.
properties Qf this company for the week
1948 totaled 116,828,000 kwh., an increase of
8.03%.
over the output of
103,133,000 kwh. for the corresponding week of 1947.
V. 168, p. 2440.
made
Writer
'
stated,
and
vehicles,
135,528
business
be quoted
certificates of
and
Barney & Co.,
Co.
(jointly), $12.63:
1946
307,998
usual
record
■
Utah Ice & Storage Co.—Bond
Issue Dropped—
Peters,
$31,-
'
90.
Power output
ended Dec.
11,
were
$309,841.
'new
1947
$896,990
communities
served
The
Earnings—
.
on
in a general telephone business, consisting
long distance telephone service in the following
Pennsylvania: Adams, Bedford, Blair, Centre,
Dauphin, Franklin, Fulton, Huntingdon, Juniata,
York.
to
•
Jan.
close of
and
public
A.
quarterly dividend of 2%. cents
clared, payable Jan, 3, 1949 to stockholders
—V. 165, p. 380.
funds
south-central
Cumberland,
the
iiscal year, the report
155,145 shares of preferred
Preferred
stock
therefor,
stock
mon
share
167,,
engaged
and
The
year.
'
due
the
on
to
The
the
168, p. 2440.
1948
outstanding
common
p.
income
The
Pennsylvania—Preferred
will
for
used
short
exchange
in
offering
expansion
of
company
local
counties
the
fiscal
increased
Wisconsin Power & Light Co.—Stock
Sale—,
to. be given
are
—$0.21
$0.32
declared an extra dividend of six cents
per share
the capital stock,
payable Dec. 27, 1948 to holders of record Dec.
1948.
Similar action was taken a
year ago.
par) of the company. The issue, which is being offered
exclusively in Pennsylvania to residents of Pennsylvania,
is priced at $100 per share.
of
1947
$75,000 of
suant
The directors have
Offered—Kidder, Peabody & Co., it was announced
16, is acting as distributing agent for a new issue
of 6,0u0 shares of Al/z% cumulative
preferred stock ($100
proceeds
the
of
company's outstanding first general
have been reduced by $5,394,000 this
the
of
Sept.
on
Stock
•of
per
Earnings
Dec.
The
end
_
$14,804,000 of the bonds
West Penn Electric
United
the
at
Wayne Screw Products
Co.—Earnings—Extra Div.—
'
■
.
2073.
p.
or
the
,
the bonds were retired through purchase in the
open "
by the mortgage trustee out of proceeds from the sale of land
grant lands.
The purchase price was
$54,422.
In November, $5,319,000
$1.08
outstanding
1842.
p.
Sept. 30—
shares
Years Ended
Co.—Stock Sold—Lee Higginson
on Dec. 14 announced the sale of 25,000 shares of
common
and
Total assets of
$50,142,291, compared with net worth of
Net
working capital totaled $21,955,834,
earlier.
due
"flat,"
report
June
$1,839,459
$1.32
r
of
$778,343
168,
Net
treasury);..;
United States Potash
Corp.
to
fiscal
cash
securities,
(Alan) Wood Steel Co. (& Subs.)—Earnings—
charges for the six months ended Sept. 30,
aggregated $596,304 and $553,639 respectively.—V.\ 168,
1947
equivalent.
$80,799,898.
the
at
$7,467,204
Government
Bonded Debt Reduced—
"1,110,000
profit
Earns,
NOTE—Depreciation
1948
cash
or
$49,050,261
were
S.
»
1949,
760,000
shares
to
U.
to
were
$3,609,529.
Mainte¬
totaled $3,655,670.
to
figures
in
Taxes
coupon.
The
3,353,429
stock for each two shares held.—V.
common
142,163
111,252
498,241
$9,342,371
and
amounted
to
Y.-
1947
$23,667,519 $17,006,270
Wayne Knitting Mills (& Subs.)
325,153
share—
per
on
in
194S,
(& Subs.)—Earnings—
——
shares
stockholders of
common
Common
income
"Based,
;
142,157
425,812
$683,622
income
on
•Earnings
71,653
12§,360
$260,230
—
charges
taxes
Net
71,647
36,313
credits..
Income
Income
Fed.
Income
income
at
Interest
taxes
share
common
1,699,450
right to subscribe
3,206,990
income
expenses
amounted
Change contracts made beginning Jan.
Waukesha Motor Co.—Rights to Stockholders—
32,395,089
sales
operating
Interest
bonds,
the
Net
of
held
stock.
deposit
the
$3.33
1948
*
30, "1948.—V. 168,
$37,367,882
expenses
admin,
amounted
current
$21,987,459
close
record
of
$2,681,884
$1.93
...
.
The New York Stock
Exchange directs
1,670,000
$1,667,533
:
materials
raw
the company's
plant and equipment
$27,889,515 a year earlier.
of
from
the
for
pay
1948—6 Mos.—1947
•
$14,320,840 $20,102,436 $27,013,851
12,656,350 ,17,854,318
23,624,289
sales—:
Gross
(& Subs.)—Earnings—
State
and
year
gold bonds,
of
1406.
charges.....
and
in
market
Net
167, p. 1513.
U. S. Industrial Chemicals, Inc.
of
1,048,000
$3.77
p.
the
increase
1, 1949, on the first general mortgage 50-year
1949, will be paid on that date, and said payment
bonds represented
by certificates of deposit will be made to holders
4%
$2,993,948
—
compared with
approximate $600,000
earnings
value
dealt
Months Ended Sept. 30—
sales and revenues
"Based
Cost
1,848,000
...I.
Warren Petroleum Corp.
3
Net
$13,500,000
1947,
and
net
earnings
will
income taxes of $350,000. Net
deducting
;
168,
he
provide
$1,741,464
N.
Tung-Sol Lamp Works, Inc.—Sales Show Gain—
to
during the previous fiscal
Oct. 19, *46
$2,992,139^ $4,630,501
276,606
278,617
285,709
depreciation.—V.
not
2440.
P-
Columbus, Ohio.—-V.
Harvey W. Harper, Chairman, on Dec. 1 said: "Sales and earnings
.are running substantially ahead of last
year. It is estimated that for
assets
the
reported that production totaled
the 113,602 vehicles produced
Oct. 18, '47
$5,127,657
share
per
do
outstanding included 11,800 shares
held by the Willys-Overland
treasury for sinking fund requirements.
^Reviewing the company's progress during the fiscal year, Mr.
Mooney
on
Oct. 16, '48
——
in
amounted
a
with
common
Subs.)—Earnings—
etc
Federal income tax
company's
the abnormal
Wisconsin Central
Ry.—Payment
(&
42 Weeks Ended—
"Net before taxes,
Interest
current
amounted
stockholders
1948—4 Mos—1947
$470,908
went
charges
non-operating
$16,809,575 in cash
worth
The
Assets
rates
to reflect
Depreciation
various
of
008,573
deduction
$107,328,838
Included
.compared
...
Ward Baking Co.
corporation's
depreciation
necessary
in
manufacturing.
Wages and salaries
Manufacturing expenses totaled $11,175,739.
deposits
total
At
$584,165
"
168, p. 2331.
normal
now
income,
$45,412,680
'•
,vV,
Virginia Dare Stores Corp.—November Sales
Up 24%
—V.
$0.14
the
$176,102,314
company's
Net
the above net profit the directors have
authorized an
payment of 2%
on
the outstanding convertible
6%
income
debentures on coupons due Jan.
1, 1949.—V. 162, p. 2314.
Sales
these
used
demand
a
accrued.
Period End. Nov. 3C—
represents
However,
that
and
The
NC)TE—From
ago
1948
costs
$38,817,039.
$4,986,916.
annual
receivership
Dec.
on
restrain
action,to cancel
A hearing was set
$2,000,000 to
expenses.
Dec.
distributors
and
that
any
the plant specilies that it can
insolvent.
on
becomes
A
11
Court
this
■
$2,902,718
1,422,289
;
deduction
Cuban
for
$6,528,583
year.
year-end.
earnings after charges and taxes..
"After
of
brought by a stockholder and dealer's firm which contended that
"is in danger of financial collapse."
However, other
are seeking to
keep the corporation a going concern.
Administration
the
products
$0.23
Fiscal Years Ended June 30—
;
of
reserves
■
company
groups cf dealers
A committee of
cut
company
in
1947
$3,280,834
$2.18
brought about in the current period of Inflation.
report showed that total sales of Universal
Jeeps, passenger
trucks and other products amounted to
$175,346,360, representing
a
27%
increase over the previous fiscal
year's sales of $138,123,594.
Income of $735,954 from
other sources brought the total to
nance
P.
1948
$6,528,583
cars,
30,191
$3,001,746
of
.1
profit
replacement
Vicana Sugar
Co.—Earnings Decline—
the
appointment
net
additional
$4,563,923
,S
,
$249,454
$275,329
share
stock
168,
■
divs
profit showing since 1928.
'.•"/•
Commenting on these earnings, James D. Mooney, President and
Chairman, stated that the prolit was computed with
plant and equip¬
ment
depreciation being recorded at the normal rate.
$4,533,732
$4,187,990
1,186,244
2,364
$342,153
$275,329
per
1332.
p.
pfd.
The
and
$4,158,914
29,076
1,659,337
common
164
The
$339,789
2,903
Balance
company.
than
more
in
glad to
to protect
bankruptcy and
was
$820,000
$381,785
___
.
the
of
■
step aside if such action will honestly further
dealers and stockholders.
My first interest Is
the earliest possible
production of automobiles."
Various law
suits
against the corporation seek both involuntary
plan
(net)
deductions
Earnings
Co., New York, N. Y„ has been
appointed
stock.—V.
Year Ended Sept. 30—
profit alter charges and taxes—
Earned per common share after
246,471
Subs.)—Earnings—
„
If Action
capital
best
Dividends
statement, Mr. Tucker said:
"Self-appointed dealer representatives, particularly the so-called pro¬
tective committee, have asserted
they have ample financing available
of a reported $35,000,000.
They have charged repeatedly that private
financing has been withheld because of my position as founder and
any
notes
$378,882
income
Net
to
.
President of the corporation.
"I asserted
to
our
board
revenues
income
the
Willys-Overland Motors, Inc.—Earnings—
1948—Month—1947
1948—12 Mos.—1947
$1,573,631
$1,425,653 $18,138,870 $16,518,683
1,194,749
1,085,864
13,979,956
11,984,951
deductions.,
Income
Income
cumu¬
The corporation
currently is involved
a
series of law suits
Federal Court and is in need of
capital to continue operations.
In a press
»
S.
revenues.,.
oper.
Gross
publicly to resign as President of
he said, "if it would insure ade¬
automobiles"
$1,642,487
1735.
p.
Tucker Corp.—President Tucker to
Resign
Is Beneficial to Stockholders and Dealers—
quate
U.
on
1949,
1,
rev.
Other
common stock, payable Dec. 27 to holders of record Dec.
20, 1943.
The lasi previous
payment was 25 cents on Sept. 8, 1948, and makes 56
cents for the
year 1948, compared with 50 cents
•
oper.
Oper.
2330.
p.
the
lative
deducting
Total
Co., New York/N. Y., has been appointed
common
$1,888,958
The Chemical Bank & Trust
registrar, for
Net
,-r
57
Williams & Co., Inc.—Registrar—
151,115
$3,351,689
—
Period End. Oct. 31—
Tri-Continental Corp.—31-Cent Common Dividend—
The
—1
Utah Power & Light Co.
(&
The Chemical Bank & Trust
375,994
83,630,759
279,069
—
Treasury
$506,000 in 1947.—V. 168, p. 989.
Transcontinental Gas Pipe Line Corp.—N. Y. Registrar
New York
liabilities
"After
256.
p.
assets
Working capital
throughout the United
States
1947
$1,361,848
500,715
268,862
current
"Cui rent
market.
(R. C.)
1948
Total
(2589)
30
$2,861,181
—
inventories
Besides its Detroit (Mich.) brewery, the Altes
Brewing Co. owns and
operates the Aztec Brewing Co., whose name also is
being changed to
Altes Brewing Co. at San
Diego, Calif.
Aztec was acquired last June
as the first
step of a plan to establish breweries
VV.
SEPT.
con¬
production of Altes Lager because of public demand, Tivoli
on
was
a
CHRONICLE
WORKING CAPITAL,
OF
„
Receivables
premium beer by the Tivoli company
in the early preprohibition days:
Then
as
FINANCIAL
STATEMENT
Cash
Lager
&
Tivoli
Brewing Co.
as
COMPARATIVE
-
com¬
COMMERCIAL
•
"Factory cost,
-
p.
selling, administrative and
general
2440.
,
expenses.—V.
168,
58
CITY DEPARTMENT
STATE AND
NEGOTIATIONS
BOND PROPOSALS AND
Decatur, Ala.
of
a
improvement bonds otierea Dec.
13—v. 168, p. 2372—were awarded
of the
Trust
Company of
Georgia, of
Atlanta; George M. Wood & Co.,
of Birmingham; Equitable Securi¬
ties Corp., and the First National
Bank, of Birmingham, as 2%s, at
a price of 101.03, a basis of about
2.548%. The bonds are dated Dec.
1, 1948. Due on Dec. 1, from 1949
to 1958, incl.
Second high bid of
from
000 2y2s, due on
1949
composed
syndicate
a
$128,000 23/4s, due on Dec. 15
from 1964 to 1973 inclusive.
row
District bonds sold at a
Sale
—
$77,000 2y4s, due on Dec. 15
1949 to 1959 inclusive;
Ala.
funding courthouse and jail bonds
offered on Dec. 14—v. 168, p. 2372
•—were
sold at auction to R. S.
Dickson &
.
Co., of Charlotte, and
Berney Perry & Co., of
Birming¬
jointly, as 2y2s, at a price
of 100.21, basis of about 2.475%.
Dated Jan. 1, 1949 and due on Jan.
1
from
1950 to 1969 inclusive.
Bonds maturing Jan. 1, 1960 and
thereafter are callable either on
ham,
Jan.
Grove
Lemon
Sale —The
San
Diego), Calif.
$85,000 build¬
chase
Dec. 13—v.
notes.
ing bonds offered on
bonds 168,
District
School
City School District,
Angeles County (P. O.
Angeles), Calif.
Bond Offering — Sealed bids
will be received until Jan. 4 for
Los
City), Calif.
Bond Offering—W. H. Augustus,
sealed
Los
(Calif. DST) on
purchase of $1,100,000 build¬
purchase of $113,000 ing
bonds.
These
bonds were
5% interest build¬ originally scheduled for sale on
District No. 17
(P. O.
ing bonds. Dated Jan. 1, 1949. De¬ Nov. 30, and postponed.
Phoenix), Ariz.
nomination $1,000. Due Jan. 1, as
Redwood Elementary Sch. Dist.,
Bond Sale — The $25,000 school follows:
$4,000 in 1950 to 1961,
Del Norte County (P. O.
bonds offered Nov. 15—v. 168, p. and $5,000 in 1962 to 1974. Prin¬
Crescent City), Calif.
1843—were
awarded
to
Henry cipal and interest (J-J) payable at
Bond
Sale — The
$43,878.50
County
Treasurer's office.
Hadlberg & Co., of Tucson, and the
building bonds offered Dec. 14—
Kirby L. Vidrine & Co./ of Phoe¬ Each bidder shall specify in his v.
168, p. 2372—were awarded to
nix, jointly, as 3s, at par. The bid the rate or rates of'interest the Bank of America National
bonds bear additional interest to he desires the bonds to bear and
Trust & Savings Association, of
a total
of 4% from Jan. I, 1949 the premium offered, if any. Split
San
Francisco.
Dated Dec. 15,
to
July 1, 1951.
The issue is rate interest bids will be received 1948 and due on Dec. 15 from 1949
dated July 1, 1948 and matures and it shall not be necessary that
to 1970 inclusive.
on July 1
from 1950 to 1962 in¬ all bonds bear the same rate of
2s;
the
bids until 10 a.m.
(
Tolleson School
not
of 100.04
$2,000 2V4s; $2,000
exceed
to
interest, but such interest shall be
multiples of */4 of 1 %. The pur¬
chaser will be required to furnish
City
Stirling
Butte
in
School District,
County (P. O.
Oroville), Calif.
2V2s; $2,000 23/4s; $4,000 3s, and
Bond Offering — W. F. Mat¬
$13,000 3Y4s was made by Refsnes, his own legal opinion as to the
Ely, Beck & Co., and Boettcher legality of the bonds. The bonds thews, County Clerk, will receive
were
authorized at the election sealed bids until 11 a.m. (Calif.
& Co.,/jointly.
;
.ti
> ■■
held on Nov. 16. Enclose a certi¬ DST) on Dec. 20 for the purchase
Tempe, Ariz.
fied or cashier's check for $1,000, of $50,000 not to exceed 5% in¬
Bond Sale—The $320,000 sewer payable to the Chairman Board terest building bonds. Dated Dec.
and water revenue bonds offered of Supervisors.
1, 1948. Denomination $1,000. Due
on Dec. 1 from
Dec. 9
v. 168, p. 2372 — were
1949 to 1968 incl.
Fallbrook Union High Sch. Dist.,
awarded to Barcus, Kindred & Co.,
Principal and interest (J-D) pay¬
San Diego County (P. O.
able at the County Treasurer's of¬
of
Chicago,
and the Pasadena*
San Diego), Calif.
fice. The bonds are to be sold for
Corp., of Pasadena, jointly, at a
Bond
Offering—T. H. Sexton,
not less than par and accrued in¬
price of par, a net interest cost of
County Clerk, will receive sealed
about 3.11%, as follows:
terest to date of delivery. Bid¬
bids until 10:30 a.m. (Calif. DST)
to
name
the .rate
of in¬
$10,000 l3/4s. Due on June 1, 1950. on Dec. 20 for the purchase of der
..
.
—
10,000 2s. Due June 1, 1951.
20,000 2%s. Due on June 1,
$225,000 not to exceed 5% interest
1952 building bonds.
and 1953.
and
1955.
Dated
Denomination
1949.
30,000 2V2s. Due June 1, 1954
Jan.
$1,000.
24,
Due
follows: $12,000 in
1950 to 1954, and $11,000 in 1955
to
1969.
Principal and interest
Jan.
24,
as
15,000 23/4s. Due June 1, 1956.
235,000 3s, Due on June 1, from (J-J)
payable at
the County
1957 to 1969, incl.
Treasurer^ office. The approving
The bonds are dated Dec.
terest
close
for
and
a
of the par^alue of the
bid
bonds
premium, if any. En¬
or cashier's check
certified
10%
for,
payable
to
the
County Treasurer.
Whittier
City School District,
Dec. 1,
1950.
CALIFORNIA
Alameda
County
School
Los
1,1948, opinion of Orrick, Dahlquist, Neff
& Herrington, of San Francisco, Chief Clerk of the Board of Su¬
will be furnished the successful
pervisors, will receive sealed bids
bidder without cost.
Enclose a until Jan. 4 for the purchase of
certified or
cashier's check for
$710,000 school bonds. This offer¬
3% of the amount of bonds bid ing supersedes the $750,000 issue
Districts
(P. O. Oakland 7), Calif.
Bond
Sales
—
The
following
bonds, offered on Dec. 7—v.
for,
Glendale
Harris
Trust
San
Francisco:
&
Savings Bank,
of
Unified
Sch.
Dist.,
originally
Dec.
Bond Sale—The
Los
Bond
$2,200,000 build¬
Co.; Salomon Bros. & Hutzler,
York; Equitable Se¬
on
Jackson¬
Bank,
at the option of
or
bear interest at
a
ex-'
rate or rates
Vs or 1/20
of 1%. Bids are to be conditioned
upon
the unqualified approving,
opinion of Chapman & Cutler, of
Chicago, which will be furnished
without charge to the purchaser.'
pressed in a multiple of
The
a.m.
21
Board
sell all
or
Enclose
right to:
the
reserves
any
part of the certifi¬
reject any or all bids/.
or
cashier's-
cates and to
certified
a
Offering—August A.
De
Chicago; Dempsey-Tegeler & Co.,
bonds. Dated Jan. 1,
Louis,
and
&
Co.,
the Pacific
of
Co.,
of
St
of
California, of Los Angeles, as
or
y4 of 1%. Payable at, certified
and delivered at the Milford
Co., of Milford, subject to
legal opinion of Day, Berry &
by
Trust
bonds
school
of $459,-
issue
Sold—An
Bonds
000
>
sold earlier
was
receive
.
Columbus), Ga.
University of Florida (P. O.
Bond Offering
Tallahassee), Fla.
Powers,
Business
Manager
and
Secretary of the State
of
Control, will receive
bids at the. office of the
Acting
Board
sealed
R. H. Barnes,
—
Clerk-Commissioner of Roads and
Certificate Offering—William F.
Chairman, J. Thomas Gurney, in
the First National Bank Building,
Revenues, will receive sealed bids
until 11 a.m. (EST) on Dec. 21 for
the
and
sewerage ' coupon
Jan.
or
1,
Dated Jan."
bonds.
registered
Denomination
1949.
2Va%
$550,000
of
purchase
water
$1,000.*
Due
follows: $28,000 in 1950
Orlando, until noon (EST) on Dec. to 1959, and $27,C00 in 1960 to
20 for the purchase of $3,628,000 1969. Principal and interest (J-J)
dormitory
revenue,
series 1948 payable at the Guaranty Trust
coupon certificates. Dated Nov. 1, Co., New York City, or at the od1948. Denom. $1,000. Due Nov. 1, +Vn of tbp holder, art the above
as follows: $61,000 in 1950, $64,000
Clerk's
office.*
Delivery" of the
in
1951, $67,000 in 1952, $69,000
in
1954, $74,000 in
1956, $79,000 in
1957,
1958, $86,000 in
1959,
1960, $92,000 in
1961,
1962, $98,000 in
1963,
in 1964, $106,000 in
1965,
in 1966, $115,000 in
1967,
in 1968, $149,000,in
1969,
in 1970, $161,000 in
1971,
in 1972, $172,000 in
1973,
in 1974, $185,000 in
1975,
in 1976, $198,000 in
1977,
in 1978, and $212,000
in 1979.
Certificates maturing in
1961 to 1979, are callable for re¬
demption prior to
maturity in
$72,000
$76,000
$82,000
$89,000
$95,000
$102,000
$110,000
$119,000
$155,000
$166,000
$178,000
$191,000
$205,000
1953,
1955,
or
in
in
in
in
in
in
part in
inverse
nu¬
at the option of the
30 days' notice pub¬
Jacksonville and New
merical order,
issuer
in
lished
as
bonds will be made in Atlanta or
agreed
such other place as may be
the County and the
oetween
upon
purchaser within approximately
days from date of sale. The
bonds are to be validated by the
35
,
Superior Court of the County, and
the legality of the bonds will be
approved
by
Spalding,
Sibley,
Troutman & Kelley, of Atlanta,
whose
unqaulified
approving
and
opinion
the
the
authorized
bonds
held
Nov. 23.
on
fied
without cost to
These
purchaser.
or
bonds
executed
be furnished
will
the
at
the
are
election
Enclose
a
certi¬
cashier's check for $11,000*
payable to the
Comimssioners oJf
Revenues.
Roads ancl
ILLINOIS
Certificates maturing
from 1974 to 1979, may be called
York
1,
upon
City.
prior to maturity on Nov. 1, 1951,
or on
any interest payment date
thereafter at par and accrued in¬
terest plus a
premium
gqual to the
1, 1954, 3%; if called there¬
1960,
but
before Nov. 1,
called thereafter,
before Nov. 1, 1965, 2%;
on
2x/2%;
(EST) on Dec. 28 for the purchase
$340,000 public improvement
1949. Denom.
of
Hill, Richards & Co., Los
Angeles a"d Fannaford & Talbot,
of San Francisco.
Detmer
Manager,
T,
8 p.m.
fore Nov.
of
York;
and
*
,
sealed tenders until in the year to a syndicate com-,
(EST) on Jan. ,3 of refund¬ posed of the Trust Co. of Georgia,
ing bonds, dated Jan. 1, 1938 and of Atlanta; Robinson-Humphrey
due on Jan. 1, 1978. About $4,000 Co.; Brooke, Tindafl & Co.;. John¬
is available for purchase of bonds. son, Lane Space & Co.* and Wyatt/
Only tenders naming a price of Neal & Waggoner, all of Atlanta.- ;
less than par and accrued interest
Muscogee County (P. O.
,T.
will be. considered.
will
but
curities Corp., Nashville; Eastman,
New
Clerk
City
Bard, Jr., Director of Finance, will
receive sealed bids until 3 p.m.
Francisco; C. N. White Co., Oak¬
both of New
son,
O.
(P.
Greenville), Ga.
Safety Harbor, Fla.
Tenders Wanted — Ida Samuel-
Nov.
$1,000. Due Jan. 1, as follows: $25,Dillon
&
Co.,
of
New
York; 000 in 1950 to 1962, and $15,000
Schoellkopf, Hutton & Pomeroy, in 1963. Bidders to name the rate
of Buffalo; F-. S. Smithers & Co., of interest in a multiple of 1/10
Dec.
on
after,
^
Chicago; Barth & Co., San Fran¬
cisco; William R. Staats Co., Los
Angeles; Paine, Webber, Jackson
& Curtis, Chicago; Kaiser & Co.,
Lawson, Levy & Williams, and
Schwabacher & Co., all of San
land;
re¬
National
the hold-!
er, at the Guaranty Trust Co., New,
York City.
The certificates will,
ville,
on
or
or
if
if called thereafter, but on or
thereafter, but on or before Nov.
1975, 1%; if called thereafter
prior to final maturity, y2%. Cer¬
tificates maturing from
1961 to
1,
1973, may be called prior to ma¬
turity on Nov. 1, 1960, or on any
interest payment date thereafter
<
Bonds Sold—An issue of
water
3%%
been
sold
to
$79,000
system
bonds
Herbert
J.
Co., of Chicago.
„•
..
has
&
Burt
.
w?
'/'*
Rock Island,
Bonds
Ooo
of $450,-
Been
White-Phillips
water revenue bonds has
The
1948.
bonds
are
dated
Denomination
Dec. 15, as
to
III.
Sold—An issue
purchased by the
Co., of Davenport.
be¬
1, 1970, iy2%; if called
III.
Momence,
following percentages of principal
amount: If called on or before
CONNECTICUT
Milford, Conm
ing bonds offered Dec. 14—v. 168,
p. 2482—were awarded to a syn¬
dicate composed of Phelps, Fenn
&
scheduled for sale
14.
Angeles County (P. O. Los
Angeles), Calif.
168,
2372—were awarded to a syn¬
dicate composed of the Bank o'f
America National Trust & Savings
of
payable to the Chairman
Supervisors.
Board of
p.
Association,
11
on
iy2%;
'
Barnett
of $300,000 tax
whole
Angeles County (P. O.
Angeles), Calif.
Bond Offering — Ray E. Lee,
Los
in the total
amount of 4% from said date to
and will bear interest
will
until
1970,
for the pur¬
anticipation
Dated Dec. 23, 1948.
Due
(EST)
Jan. 4 for the
$2,000
bids
or before Nov. 1/
if called thereafter."
prior to final maturity, 1%. Frin-"
cipal and interest payable at the
but
after,
p.
Pasadena
Redwood
County Clerk, will receive
clusive. Second high bid
g—Edward J.
1, 1965, 2%; if called there¬
Nov.
County
Elementary Sch. Dist.,
San Mateo County (P. O.
Belmont
ARIZONA
for
n
called thereafter, but on or before:
■.
ment date.
•
i
Treasurer,
sealed
ceive
r
e
City
1, 1960, %xk%\ jf:
if called on Nov.
check for $72,560, payable to* the
2483—were awarded to the jl>cc. 23, 1949.
offered on the same day were California Bank, of Los Angeles,
Stat$ Board of Control.
FLORIDA
Paine,
Webber, Jackson &
awarded to the American Trust and
GEORGIA
Co., and Weeden & Co., both of Curtis, of Chicago, jointly, at a
Pinellas County, Fla. •
San Francisco, jointly, at a price price
of 100.008, a net interest
Names
Paying Agent — The
Floyd County (P. O. Rome), Ga, ]
of par, a net interest cost of about cost of about 2.411%, as follows:
Manufacturers Trust Co., of New
Bonds Sold—The $800,000 school
2.438%, as follows: $45,000 4s, due $31,000 2s. Due on Jan. 15, from York, has been appointed paying
bonds authorized at an election*
1950 to 1953, incl.
on Dec.
15 from 1949 to 1951 in¬
agent
for
$1,250,000
Belleair last May were purchased by afh
54,000 2y2s. Due on Jan. 15, from Beach Causeway revenue bonds,
clusive; $120,000 2s, due on Dec.
account headed by Johnson, Lane,1954 to 1959, incl.
15 from
1952 to 1959 inclusive,
dated July 1, J948 and for water
•
*>v i'
Space & Co., of Atlanta.
All of the bonds are dated Jan. revenue
and $221,000 2y2s, due on Dec. 15
certificates, second issue
■.
'
!i;.
from 1960 to 1973 inclusive.
15, 1949.
of 1948, dated Oct. 1, 1948.
Meriwether
subsequent interest pay¬
Mericopa County,
Of f
Dowd,
Sale—The
Bond
$386,000
Note
School District, San
Diego County (P. O.
$55,000 23/4s, due on Dec.
from 1966 to 1973 inclusive.
Torrington, Conn.
'
•-
and
1,1959 or on July 1, 1959, or
any
of
bid
jointly.
$42,000 2y2s, due on Dec. 15
from 1960 to 1965 inclusive,
Hayward
The $130,000 re¬
a net interest cost
2.577%, as follows:
from
Additional
(P. O.
Birmingham),
Bond
on
about
of
15
County
price
of 100.028,
jointly.
Jefferson
School
Valley
Castro
174,000
Perry & Co; Watkins, Mor¬
& Co., and'Hugo Marx & Co.,
ney
Dec. 15 from
inclusive, and
1963
to
1954
by Ber-
100.99 for 2%s was made
due on Dec. 15 from
1953 inclusive; $140,-
to
2.136%.
Bond
Sale—The
101.07 for 2y4s was
$80,000
imr
made by the Bank of America Na¬ provement bonds offered Dec. 13
tional Trust & Savings Associa¬ —v. 168, p. 2483—were awarded
tion, San Francisco; National City to Putnam & Co.* of Hartford, as
Bank, New York; R. H. Moulton iy4s, at a price of 100.129, a basis
&
Co.; Security First National of about 1.22%. Dated Jan. 1; 1949,
Bank of Los Angeles; Harris, Hall and due on Jan. l,Nfrom 1950 to
& Co.; J. Barth & Co.; Kaiser & 1957,
incl.
Second high bid of
Co.; Lawson, Levy & Williams; 100.08, for 1.30s was made by Day,
Magnus & Co.; Hill, Richards & Stoddard & Williams.
•
Co., and Stern, Frank & Meyer,
high
000 2y4s,
to
a
about
dated
net interest cost of
about 2.636%, as follows: $70,100.03,
Y-^,o00 public
Bond
price of 101.173, a basis Howard, of Hartford, about Jan.
The bonds are 10, 1949. Enclose a certified check
for $5,000, payable to the . Town.
Jan. 1, 1949. Due on Jan. 1,
1950 to 1974, incl.
Second
Seymour, Conn.
2V4s, at
$338,000 San Lorenzo School Dis¬
trict bonds sold at a price of
ALABAMA
Monday, December 20, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(2590)
follows:
$50,000 in
1953,
Dec.
$1,000.
3.5/
Due
$45,00t) in 1951
1954 to 1956,
$55,000 in 1957 to 1960, $60,000 in
1961
to
1966, and $65,COO in 1967
and 1968.
The bonds are >to be is¬
to the approving
and accrued interest plus a
opinion of Chapman & Cutler, of
premium equal to the following
percentages of principal amount: Chicago.
at par
sued
subject
Volume
10
(CST) on Jan. 6 for the pur¬
Due $5,000 Jan. and July 1, from chase of./,$120,000 not to exceed
1950
to
1961
inclusive.Second 4% interest school bonds. Dated
Feb. 1, 1949. Denomination $1,000.
highest bidder was The City -Se¬
curities
Corp.,
Indianapolis,': for Due Feb. 1, as follows: $9,000 in
1951 to 1954, $10,000 in 1955 to
2%s, at a price of 100.61.
A;'f. ?
[at the La Salle Hotel, La Salle and
Madison
Streets,
until
11
a.m.
(CST) on Jan, 11 for the purchase
.of: $800,000
women's
residence
.halls revenue bonds. Dated Feb.
•
will-receive sealed bids until
2y?5, at a price of 100.38,, a basis
of 2.438%, Dated
Dec, 15, 1948.
University of Illinois (P. O.
Urbana), III.
[
Bond Offering — The Board of
Trustees will receive sealed bids
(2591)
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4761
168
Anne Arundel County,
—
The Board of
National
First
Bidders
ton.
are
to
Bank
of
name one
Bos¬
rate
of .interest in a multiple of y4 of
Commissioners, acting as
Council of the Dis-,
County
the
Offering
Principal and interest payable at
the
Annapolis), Md.
Dist. (P. O.
Bond
Columbia
Taxing and Assessment
Beach
a.m.
59
,
®ids must be for all of the
bonds. They will be engraved unbids until 'der the supervision of and authen-
District
trict, will receive sealed
2 p.m. (EST) on Dec. 28 for the
ticated as to their genuineness by
the First National Bank of Boston,
and their legality will be apthe final approv¬
Mason City, Iowa
r 1 "
.15,
1949.
Denomination
$1,000.
ing opinion of Chapman & Cutler, sion Project of 1949 coupon bonds, proved
by Storey, Thorndike,
.Due $11,000 April and Oct. 1, 1950,
Bond Offering—Pearl B., Kel¬
of Chicago, as evidence of the Dated Jan. 1, 1949. Denomination Palmer & Dodge, of Boston, a copy
[$12,000 April and Oct. 1, 1951 and logg,
City
Clerk, will receive
legality of this bond issue. No $1,000. Due $1,000 in 1950, $2,000 of whose opinion will be furnished
.1952, $13,000 April and Oct. 1, 1953 sealed and oral bids until -7:30
bid
will- ' be
accepted
for any in 1951 to-1954, $3,000 in 1955 to without charge to the purchaser.
and 1954, $14,000 April and Oct. 1,
'
IOWA
1958; and $11,000 in 1959 to 1962.
The bonds will be
^7.'
Interest F-A.
sold subject to
(CST) on Dec. 20 for the
purchase
of
$131,000 . b o n ds ,
p.m.
195a'and
1956, $14,000 April and
[$15,000 Oct. 1, 1957, $15,0o0 April
[and Oct. 1, 1958, $15,000 April and
[$16,000 Oct. 1, 1959, $16,000 April
.and Oct. 1, 1960, $17,000 April and
.Oct.'1, 1961, $17,000 April and
.$18,000 Oct., 1, 1962, $18,000 April
and Oct, 1, 1963, $18,000 April and
•[$19,000 Oct. i, 1964, $19,000 April
divided
$56,000 Street Construction bonds.
Due
$7,000 Dec. 1, 1950 to
1957.
*[1,1967
"
1968,
and
bonds
will
be
issued
subject to registration as to prin-.
Telephone bids will not be ac-
Bonds will be delivered
cepted.
interest to the cipal only at the Annapolis Bank- to the purchaser on or about Jan.
delivery. Enclo£eja_eerti- ing & Trust Co., Annapolis. Bid-118, 1949, at the First National
for
$3,000, payable to
Board of
President. School
Jefferson Davis Parish.
Louisiana
(State of)
Offering
Bond
—
for
bonds,s and Will be expected to
specify the rate or rates of interest.
The bonds will be delivered
in
State
The
the,Bank of Boston, against payment
in Boston funds. No bid for less
than par and accrued interest to
date of delivery will be considBaltimore, at the ered.
ders must bid.at least par
Annapolis,
or
option of the purchaser, and the
Chicopee, Mass.
1, 1948. Bids for the Board of Liquidation will receive approving legal opinion of Albert
Bond Offering—Walter J. Tryspecify the rate of in-: sealed bids until 11 a.m. (CST) J. Goodmafi, Attorney for the
buiski> city .Treasurer, will reterest at which the bidder will on Jan. 25 for the purchase of County
Commissioners,
and
of 1 cejve
sealed
bids
until
noon
take the bonds at par plus accrued $50,000,000
World War II, vet¬ Niles, Barton, Morrow & Yost of, (EST) on Dec 21 £or the purchase
interest/The bonds will be sold erans' bonus bonds. Dated Jan. 15, Baltimore
will
accompany
the I of $1 225 000 coupon water bonds,
subject to the opinion as to their 1949. Denom. $1,000. Due Jan. 15, bonds without charge.
A good Dated Jan. 1, 1949. Denomination
legality by Bannister, Carpenter 1953 to 1964, callable in 1953. faith deposit of $1,500, must ac¬
$1,000.
Due Jan. 1, as follows:
& Ahlers, of Des Moines, which These bonds are part of the $60,company each bid.
$50,000 in 1950 to 1969, and $45,opinion together with the printed 000,000 issue' authorized at the
000 in 1970 to 1974. Bidders to
Maryland (State of)
bonds, will be delivered to the general election on Nov. 2. A good
name
one
rate of interest in a
purchaser.
faith deposit of 2% of the amount
Certificate Offering—Hooper S. multiple of y4 of 1%. Principal
of the bonds is required.
New Liberty, Iowa
Miles, State Treasurer, will re¬ and interest payable at the First
ceive sealed bids until noon (EST) National
Bank
of
Boston.
LeBonds Sold—An issue of $7,000
Rapides Parish School Districts
on Dec. 20 for the purchase of
$6,-[ gality will be approved by Storey,
water system revenue bonds has
/"
l Alexandria 5), La.
695,000 general construction loan Thorndike, Palmer & Dodge of
been purchased by the Carlton D,
■:
Bond ^Offering — H. M. Wells,
of 1947 coupon certificates of in-: Boston. Delivery on or about Jan.
Beh Co., of Des Moines/
:v ' ' IT Secretary - of the Parish School
1
•••*". Vf
debtedness.
Dated Jan.
1, 1949. 14> 1949, a£ the First National
Rhodes Con. Sch. Dist., Iowa
Boards will receive sealed bids! Denomination $1,000. Due Jan. 1, Bank of Boston against payment
until noon (CST) on Jan. 7 for as follows:
Bond Offering — L. A. Bale?
$429,000 in 1952, $442,- in Boston funds.
the purchase of $130,000 coupon *000 in
1953, $455,000 in 1954, $468,.
,
.
B'Secretary of the Board of Di¬
000 in 1955, $482,000 in 1956, $497,rectors, - will- receive sealed and bonds, .divided as follows:
Fitchburg Housing Authority, 1Uass.
Note Sale—The issue of
oral bids until 8 p.m.* <GST) on $115,000
L e c o m p t e-Lamourie- 000 in 1957, $512,000 in 1958, $527,-!
Woodworth Sch. Dist. No. 57 000 in 1959, $543,000 in 1960, $559,- note,s offered Dec. 13 was
Dec. 20, for the purchase of $3500
000 in 1961, $576,000 in 1962, $593,- to the Second National Bank
bonds.
school bonds. Denom. $500. Due
15,000 Sixth Ward Sclp Dist. No. 000 in 1963, and $612,000 in 1964. Boston, at 0.849% interest The NaMay and Nov. 1, 1950: to 1953.
58 bonds.
Bonds and attorney's opinion will
Subject to registration as to prin- tional Shawmut Bank of Boston,
'Dated Dec.
bonds shall
$22,000 April
[and Oct. 1, 1969, $23,000 April and
Oct. 1, 1970", $24,000 April and Oct.
[1, 1971, $24,000 April and $25,000
Oct. 1, 1972, and $9,000 April. 1,
1973. Said bonds will be callable
'.on 30 days-' notice on any
The
1964.
accrued
check
fied
1955 to 1957.
[and Oct. 1, 1985, $20,000 April and
Oct. 1, 1966, $21,000 April and Oct.
and
date of
the
75,000 Street Improvement bonds.
Due May 1, as follows: $8,000
in 1949 to 1954, and $9,000 in
at not
amount .offered
par
the
whole
less than
than
Other
amount
I
follows:
as
purchase of $39,000 not to exceed
6% interest Columbia Beach Ero-'
interest
at the following dates and
[prices: Noneallable' to March 31,
^
1952; callable as a whole, or in
•part, in<inverse numerical order
*pf maturities on any interest pay'Wtent date on and after April 1,
.date
•
,
i
i
■
t
•
.:
•1952 to March 31, 1954, at 103; call¬
able
numerical
verse1
'
ities
on
after
•
whole,
as a
any
or
in part, in in¬
order
of
1,
matur-
interest payment date
April-1,
.
1954 to
March * 31,
1959, at 102; callable as a- whole,
[or
any
inter-!
April 1, 1959,
and thereafter prior to maturity
[ at 101. Both principal and interest
'will be payable at a bank or trust
company in Chicago which may
be selected by the bidder subject
to the approval of the University.
.Names of such paying agent and
.depositary.may be submitted for
.approval in advance of the bid. If
.the bidder does not designate an
approved paying agent and depos¬
itary-on or prior to the date on
.'which the bid is submitted, the
University will select the paying
agent and depositary. Said bonds
will be awarded to the responsible
bidder on the basis of the lowest
interest 'cost
to the University,
.Bidders may specify interest rate,
or rates, in a multiple of Va of 1%,
but all bonds of the same matur¬
ity, shall bear the same interest
rate. No bid will be considered; at
less than par. Said bonds will be
-delivered
with
the
approving
;,est payment date on
•
'
,
r
in part, * in inverse numerical
order, of maturities on
.
$125,000
awarded
of
be furnished
cipal and all certificates will be
by the. District..
Parish
Richland
LOUISIANA
No.
1
Dist.
Sub-Road
of Road Dist. No. .4
issued
current interest
with
cou-
bidder, named a rate of
next
0.86%, plus $1 premium.
attached. The bidders are re- Needham Housing Authority, Mass.
(P. O. Rayville), La.
quested to indicate in their bids
Note Sale—The issue of $100,Bossier Parish Consolidated
Bond SalevDetails—The $100,- the rate of interest to be paid, 00o notes offered on Dec. 13 was
School District No. I (P."O.
000 road boncls awarded on Nov. which rate must be in a multiple awarded to the National Shawmut
/ Benton), La.
16
to
group' composed
of the of y4 of l%„The opinion of.-the Bank of Boston, at 0.86% interest,
Bond Offering —R. V. • Kerr,
Equitable Securities Corp., Nash¬ ! Attorney-General of the State and plus $£ premium. The Second NaSecretary of" the Parish School
opinion
of
Miles,
Walsh, tional Bank of Boston, next high
ville, Scharff & Jones, and Glas the
Board, will receive sealed bids
& Co., both of New Orleans—v. : O'Brien & Morris, of Baltimore, to• bidder, named a rate of 0.869%.
until 2 p.m. (CST) on Jan. 6 for
1
this effect will be delivered to the
168, p.- 2168—were sold at a price
the
purchase
of
$160,000
6%
Scituate, Mass.
of 100.019, a net interest cost of successful bidder. Enclose a certi¬
school bonds.
Dated Feb. 1, 1949.
Bond Sale—The $650,000 bonds
fied check for ,5 % of the par value
about 3.23%, as follows:
Denomination $1,000. Due in 1950
of the amount bid for, payable to offered Dec. 15 were awarded to
$42,000 3V4s. Due on Dec. 1 from
to 1969 (F-A). Payment at Ben¬
'the Rockland Trust Co., of Boston,
the State Treasurer.
^•■?1949 to 1953 inclusive.
ton, or at the" Bossier Bank &
as
l3As, at a price of 100.618, a
39,000 3s.
Due on Dec. 1 from
Trust Co., Bossier City.
Bids will
Washington Suburban Sanitary
basis of about 1.67%. Second high
1954 to 1961 inclusive.
be received for bonds bearing in¬
District, Md.
bid of 100.55 for l%s was made
40,000 3Vas. Due on Dec. 1 from
terest at a lesser rate than 6%:
Bond Offering — The Commis¬
by
Smith, Barney & Co., and
1962 to 1968 inclusive.
The oninion of Chapman & Cutler,
sion will receive sealed bids at its Rockland-Atlas National Bank of
of Chicago, will be delivered to
The bonds bear an additional
office, 4017 Hamilton St., Hyatts- Boston, jointly.
Enclose
a
certified coupon of 0.75% from date of is¬ ville,
purchaser.
Sale consisted of:
v
Md., until 3 p.m. (EST) on
check for $5,000, payable to the
sue to Dec. 1, 1949.
Dec. 29 for the purchase of $100,$500,000 School, Act of 1948 bonds.
opinion of Chapman & Cutler, of above Secretary.
000 not to exceed 4% interest secDue $25,000 Dec. 1,
1949 to
[Chicago, said opinion to be paid
MARYLAND
,ond lien incinerator, series UUU
Breaux Bridge, La.
:
1968.
itpr by said University, the printed
coupon bonds.
Dated Jan. 1, 1949.
Anne< Arundel County (P. O.
bonds to be supplied by the UniBond Offering—The Mayor and
150,000 School bonds.
Due Dec.
Denomination $1,000. Due Jan. 1,
Glen Burnie), Md.
*
1, as follows: $10,000 in 1949
.versity and all bids must be so the Board of Aldermen, will re¬
as follows:: $3,000 in 1950 to 1953,
to 1958/ and $5,000 in 1959 to
Bond Sale—The $300,000 series
jconditioned. Each bid must be ac¬ ceive bids until Jan. 18 for the
1968.
companied by a certified check purchase of $195,000 bonds, di¬ sanitary, commission bonds offered $4,000 in 1954 to 1957, $5,000 in
1958 to
1961, $6,000 in 1962 to
drawn on a State or national bank vided as follows:
Dec. 15 —v. 168, p. 2373 —were
Dated Dec. 1, 1948. Denomina¬
1965. and $7,000 in 1966 to 1969.
and made payable to the Board of
$65,000 water works bonds.
j awarded to a group composed of Principal and interest (J-J) pay¬ tion $1,000. Principal and interest
"Trustees of the University, in the
the Mercantile Trust Co., Baker,
payable at the Day Trust Co.,
65,000 sewerage bonds.
able at the Equitable Trust Co.,
Watts & Co., and Stein Bros. &
[sum of $$,000 as a guarantee of
Boston.
The bonds will be pre¬
65,000 sewerage plant bonds.
Baltimore, or at the Chemical
good faith, which amount will be
Boyce, all of Baltimore, at a price
pared under the supervision of
Bank
&
Trust
Co., New York
forfeited in.the event the success¬ East Baton Rouge Parish Sewerage of 100.978. a net interest cost of
and authenticated as to genuine¬
District No. 9 (P. CL
City, at the holder's option. Regisful bidder fails to take-up and
about 2.405%, as follows:
ness by Day Trust Co., of Boston,terable as to principal alone. Bid¬
Baton Rouge), La.
pay fof said bonds. "
$100,000 2V2s. Due on Dec. 15 from ders are requested to name the and their legality approved by
Bond Sale—The $204,000 sewer
1951 to 1960 incl.
Storey,
Thorndike,
Palmer
&
' Sumner, III.
\
interest rate in a multiple of Vs
bonds
offered Dec.
14
v.
168,
Bonds Sold—An issue of $10,000
60,000 2 ^s. Due on Dec. 15 from or 1/10 of 1%, and each bidder Dodge, of Boston, whose opinion
o. 2167—were
awarded to a syn¬
will be furnished the purchaser.
•sewer
[["
• 1961 to 1966 incl.
improvement bonds was
must
specify
in
his
bid the
dicate
composed
of
Newman,
sold to the First National Bank of
140,000 2V2S. Due on Dec. 15 from amount and the maturities of the Delivery will be made at Day
Brown & Co., N'usloch, Baudean
Trust
Co.
against payment in
1967 to 1978 incl.
Sumner. .r
1
•"
•
bonds of each rate.
Bonds will
Se .Smith, Weil & Arnold and G.
Boston funds.
All of the bonds are dated Dec. be
Wilmette Park District, III.
Price Crane, all of New Orleans,
delivered about Jan. 12, 1949,
Somerville Housing Authority,
1948.
Second high bid of at place of purchaser's choice. The
J Bond Sale—The $150,000 im¬ on a bid reflecting a net interest 15,
100.06 for $240,000 2y2s and $60,Mass.
approving opinion of Mitchell &
provement bonds offered Dec. 13 cost of 3.08%. The bonds are dated
000 2y4s was made by Alex. Brown Pershing, of New York City, will
'were awarded to the Continental Dec. 31, 1948.
Note Offering—Charles G. MarDue on Dec. 31
& Sons, of Baltimore.
be furnished without cost to the
National Bank & Trust Co., of from 1949 to 1978 inclusive.
tignette, Chairman, will receive
000 2y4s was made by Alex. &
' • ■
purchasers of the bonds. Enclose sealed bids at the office of the
Chicago, at a price of 100.33, a
Evangeline Parish (P. O.
Sons, of Baltimore.
a certified check for $1,000, pay¬
basis' of about 1.863%, as follows:
State
Housing Board,
18 Tre¬
Ville Platte), La.
able to the Commission.
mont Street, Boston, until 1 p.m.
Anne Arundel County, Franklin
$85,000 l3/4s. Due on Jan. 1, from
pons
.
p
.
.
*
•
.
,
.
—
.
.
•
.
t:
*
•
1951
to
*•65,000 2s.
<
-...
1962
to
■
Offering
Bond
1961, incl.
Due on Jan.
1969, incl.
1, from
[ Second high bid of 101.07 for 2s
•was
made by Baliman & Main,
;and Dempsey & Co., jointly.
.
Sealed
—
bids
Manor
will be received until Jan. 25 for
[
.
'
_
4
*
>■
»
j.
Funtinvkurg. Ind.
bonds
the general
'
Bond Sale—The $120,000 elec¬
"offered Dec. 13—v. 168,
awarded
to
p. 2373^Raffensperger,
Hughes & Co., of Indianapolis, as
election held
on
at
Nov.
Jefferson Davis and Allen Parishes
School District No. 22
Jennings),
Bond
Offering
President
Board
.
of
—
the
of Jefferson
(P. O.
La.
John
Parish
Koll,
School
Davis Parish,
Bond Sale—The
and
O.
$42,000 District
erosion project bonds
offered Dec.
2373—were awarded
the Farmers National Bank of
14—v.
to
tric utility revenue of 1948 bonds
were
authorized
were
30.
INDIANA
*
These
Taxing
Annapolis), Md.
•
struction and improvement bonds.
Beach
(EST)
MASSACHUSETTS
168,
p.
Annapolis, as 3s, at a price of
100.25, a - basis of about 2.96%.
Dated Jam L 1949 and due serially
from 1950 to 1964 incl. Second
high bid of 100.04 for $15,000 3y4s
and $27,000 3.20s was made by
Alex. Brown & Sons, of Baltimore.
on
Dec. 20 for the purchase
$100,000 temporary loan notes.
Dec. 22, 1948. Due Dec. 22,
1949. Both principal and interest
of
Assessment District (P.
purchase of $550,000 not to
exceed 5%
interest school con¬
the
Brookline Housing Authority, Mass.
Note Offering — Benjamin A.
Dated
Trustman, Chairman, will receive
will
bids
sealed
State
at
the
office^ of the
Housing Board
18 Tremont
Street, Boston, until 1 p. m. (EST)
on
Dec 20 for the purchase of
temporary loan notes.
1, 1948. Denomination
$450,000
Dated Dec.
$1,000.
Dec. 1, as follows:
1954 to 1961, $16,000 in
Due
$20 000 in
1962, and $10,000 in 1963 to
1974.
be payable
at the First Na¬
tional Bank of Boston. The notes
delivered to the pur¬
bank against pay¬
ment in Boston funds.
The Au¬
will
be
chaser
at said
thority will furnish an
opinion by
Thorndike,
Palmer
&
Dodge, of Boston, approving the
validity of the notes dnd of the
guarantee of the payment of the
Storey;
-r r m nun >
a^witiiiinfriiiniTin^HrTPTTn
mtttortarA
60
in
notice to redeem
principal of and interest on said
newspaper
a
& FINANCIAL
COMMERCIAL
THE
(2592)
to
Monday, December 20, 1948
CHRONICLE
interest
net
1954,ind $4,000 in 1955.'Princi-
will be the first choice and serial
3.32%.
of about
cost
bonds will be the second choice of
(J-D) payable at The bonds bear 414% interest
the Commonwealth. The
from
Jan.
1, ,1949 to March 1, the City Council. If amortization
any bank or trust ; company des¬
expense of such opinion will be
ignated by the successful bidder. 1950, and 3V4% thereafter, They bands are sbld and issued the en¬
borne by the - Authority.' < > ■
tire issue may be put into one
•
<
The bidder to furnish the bonds are dated Jan. 1, 1949. Denomina¬
'
tion
$1,000.- Interest M-S. Due single bond, or, divided into sev¬
Waltham Housing Authority, Mass. will be approved as to legality and such legal opinion as shall be
March
1,\ as follows: $15,000 in eral bonds as the City Council
Note
Offering—Paul
K. (Jon- by Miller, Canfield, Paddock & desired by him, at his own ex¬
1950 to 1954, $20,000 in 1955 to may determine upon at the time
-\nolly, Chairman, announces that Stone, of Detroit, without expense pense.
>
1964, $23,000 in 1965, $22,000 in of sale, both principal and inter¬
sealed bids will be received at the to the successful bidder Principal
Hennepin County, Hill Common 1966, $23,000 in 1967, $22,000 in est (J-D) to be payable in semi¬
offices of the State Housing Board, and interest payable at the City
School District No. 22 (P. O.
1968, $23,000 in 1969, $22,000 in annual instalments during a pe¬
18 Tremont St., Boston, until 1
Treasurer's office or at its current
Crystal Bay), Minn.
1970, $23,000 in 1971, $22,000 in riod of five years from the date
p.m.
(EST) on Bee. 20 for the official bank, in New York City, or
Bond Sale—The $150,000 build¬
If serial bonds are is¬
1972, $23,000 in 1973, and $22,000 of issue.
purchase of $70,000 first series Chicago, at the option
of the ing bonds offered Dec. 10—v. 168,
Jan. 1, 1974. Principal and inter¬ sued and sold, they will be in the
notes. Dated Dec, 22, 1948 and due
holder,
upon ■ presentation
and p. 2374—were awarded to J. M.
amount of $15,000 each; the sum
est payable at the Union Planters
on Dec. 22, 1949.
surrender of this note and cou¬
general circulation in the City
of Detroit, and New York City at
least 15 days prior to. date speci¬
fied for redemption.
The notes
of
-notes by
'
4
1
'
1
'
'
pal and interest
.
,
•
t
■
•
Minneapolis, as National Bank & Trust Co., Mem¬ of $15,000 of said serial bonds will
2s, and $75,000
phis. These bonds, in the opinion become due and payable on June
2.40s. The bonds are dated Dec. 1,
Qf counsel, are payable as to both 15, 1950, and a like amount on the
1948, and mature on Dec. 1, from principal and interest from un- same day each year thereafter
&
Dain
v-
22, 1948.
will furnish
opinion by Storey,
an
Thorndike, Palmer & Dodge of
Boston, approving the validity of
the notes and of the
guarantee
interest
and
the principal
payment of
the
of
bonds offered Dec. 7
—v.
168, p. 2273—were awarded
to H. V. Sattley & Co., and McDonald-Moore & Co., both of De¬
troit, jointly, as follows:
obligation
temporary
Dec.
$20,000 fire apparatus bonds:' $16,000 23/4s, due on.Nov. 1, from
1949 to 1956, incl., and $4,000
2V2S, due on Nov. 1, from 1957
to 1959, incl.
20,000 municipal building bonds:
$16,000 23/4s, due on Nov. 1,
from 1949 to 1956, incl., and
said notes by the
on
14 were awarded
Dec.
Dillon
Eastman,
114s was
Securities
&
Shafto,
high ! bid of 100.43 for
made by the Equitable
;
Lyons
and
Corp.,
jointly.
trunk
$32,000
i
1,
1, 1948.
Due
bonds.
sewer
Fire District
inclusive
1956 to
;o
1949,, and
1,
due
on
incl.
Offering
Finch,
receive
will
Clerk,
City
of
Co.,
Kalamazoo,
cipal and interest (J-D) payable
at
the
City
Treasurer's office.
Enclose a certified check for 2%
Notes
bid, payable to the
Lou^is.
Sold—No
Not
bids
were
Principal and interest payable at
interest tax an¬
Brown
offered Dec. 2.5
County
Wayne
(P.
nally
been
Jan.
&
of
Co.,
Orleans,
New
1949,
to
sealed
receive
.'■»
Bond Sale—The issue of
$40,000
school bonds offered on Dec. 9 was
'
'V
•'
!
,
>
v.
'
•.
and
15—v.
awarded
to exceed 6% interest bridge con¬
Park
(MST)
p.m.
on
Jan.
Dated
bonds.
1,
Amortization bonds will be
choice
first
be
the
serial
and
second
choice
bonds
the
of
;
tBloomfield Township School
District No. 6, (P. O. Walled -
awarded to the Berrien Securities
Sale—The
$28,000
school
offered
Corp:', of Benton Harbor, as l3/4s,
building bonds
at a price of 100.011, a basis of site and
about 1.74%.
Second high bid of Dec. 6 were awarded to the First
100.087 for 2s was made by Walter of Michigan Corp., of Detroit, a's
J. Wade, Inc.
214s and 2s, at a price of 100.145,
Bonds are dated Dec. 1, 1948. a net interest cost of about 2.11%.
Denomination $1,000. Due $8,000
MINNESOTA
May 1, 1949 to 1953. Principal and
interest
(M-N) payable at the
Detroit Lakes, Minn.
Farmers
and
Merchants National
Bank, Benton Harbor* Bids shali
be conditioned upon the unquali¬
fied opinion of Miller, Canfield,
Paddock
&
Stone, of Detroit, ap¬
proving the legality of the bonds.
The purchaser shall furnish bonds
ready for execution at his expense.
;
Bonds
will
Farmers
and
be
delivered
Merchants
the
at
National
Bank, Benton Harbor.
Detroit, Mich.
Note
r
000
Sale—The issue of $600,-
street
offered
railway
Dec.
10
revenue
was
notes
awarded
to
the National Bank of Detroit, and
the
Commonwealth
Bank, of De¬
troit, in joint account, at a price
of par, a net interest cost of about
1.95%,
,
as
follows:
$240,000 l34s. Due on June 30 and
Y
Dec. 31 from 1949 to 1952 incl.
360,000 2s. Due
i
on
June 30 and
Dec. 31 from 1953 to 1956
incl.
accepted
tender
1948.
dated
Dec.
Indianola,
the
from
serial
bonds
are
of issue. If
date
issued
and
sold
they will be in the number of 163
and in the amount of $1,000 each,
Miss.
Sold—An issue
paid in semi-annual in¬
.(luring a period of 20
years
1
-
that
except
of $9,000
shall
the
the
in
be
last
such
$500;
National
168,
bonds
of¬
2375—
Prospect
p.
the
Bank, of Prospect
a price of 100.basis of about 1.693%. The
bonds are^dated Dec. 15, 1948 and
Park,
1.70s, at
as
021,
a
due
on
Dec.
incl.
15 from 1949 to
1958
.
N. J.
Manville,
Bond
Offering
—
Peter Menzak,
Borough Clerk, will receive seal¬
ed bids until 8 p.m.
(EST) on Dec.
of $126,000 not
21 for the purchase
to, exceed 6% interest coupon or
registered bonds, divided as fol¬
lows:'
Sewer Assessment bonds.
follows: $15,000
f950, and $10,000
$60,000
Due Dec. 1, as
1
1949 and
in
in 1951 to 1953.
bond
of
amount
3%
ier's check
or
bank
draft for $4,-
000, payable to the City Treasurer.
&
Trauernicht, of St. Louis.
Dec.
1,
as
follows: $3,000 in 1952
ized
on
West
Tallahatchie Special High
School
District
was
date, upon publication of a
are
stallments
sewer
to
66,000 Water System bonds. Due
Dec. 1, as follows: $4,000 in
1949 to 1953,
$5,000 in 1954
to
1961, and $6,000 in 1962.
Dec.
Dated
1948. Denomina¬
1,
$1,000. Principal and interest
(J-D) payable at the Manville
National
Bank,
Manville.
Each
tion
proposal must specify in a multi¬
Vq
ple of
rate
of
or
1/20 of 1% a single
which the bonds
interest
—
•
any
'
Bonds
(P.
O.
Charleston), Miss.
Bond Sale—An issue of
-
on
bonds.
The
1
Due
street intersection bonds was the sum .of $9,000 of said serial
purchased by the Indianola Bank. bonds will become due and pay¬
Dated Sept. 1, 1948 and due March able on
July 1, 1950 and 1951 and
1, as follows: $1,000 in 1949 and the sum of $8,000 of said serial
$2,000 from 1950 to 1953 inclusive bonds will become due and pay-'
Warrant Offering—E. J. Bestick, Interest M-S.
Legality approved able on July
1, 1952, and a like
City Clerk, will receive sealed by Charles & Trauernicht, of St
amount on the same day each year
bids until 7:30 p.m. (CST) on Jan. Louis.
thereafter until all of such bonds
3 for the purchase of $400,000 not
are paid, except that the last in¬
Jackson, Miss.
to exceed 314% interest water and
stallment will be in the amount
Bond Sale
A syndicate com¬
light plant revenue coupon war¬
of
$8,500.
The bonds, whether
rants.
Dated Jan. 1, i949. Denom. posed of B. J. Van Ingen & Co.
amortization or serial which are
$1,000. Due Jan. 1, as follows: Inc., and Paul Frederick & Co.
for a term of 10 years or long¬
$20,000 in 1950 and 1951, $40,000 both of New York; Herman Benser,
will be redeemable at the
in 1952 to 1957, and $60,000 in 1958 dorf & Co., of Memphis; Lewis &
option of the City on any interest
and 1959. The warrants maturing Co., and Kingsbury & Alvis, both
payment date, on or, after Jan. 1,
after -Jan. 1, 1955, are subject to of Jackson, was awarded on Dec
1959.
The bonds will be sold for
prior, payment and redemption on 14 an issue of $806,000 street im¬
not less than their par value with
said date or any interest paying provement bonds as 2.30s, at
accrued interest to date of deliv¬
date thereafter at par and accrued price of 100.053, a basis of about
Due ery and all bidders must state the
interest at the option of the City 2.286%. Dated Dec. 1. 1948.
lowest rate of interest at which
upon 30 days' prior notice. Princi¬ Dec. 1, as follows: $86,000 in 1949
they will purchase the bonds at
pal and interest (J-J) payable at and $80,000 from 1950 to 1958 in¬
The
Council reserves the
the City Treasurer's office, or at clusive. Bonds maturing from 1954 par.
any
suitable banking institution to 1958 inclusive are callable in right to reject any and all bids
and to sell the bonds at private
designated by the successful bid¬ 1953 at a price of par. Interest JThese bonds were author¬
der,
Enclose'a certified or cash¬ D. Legality approved by Charles sale.
Grand Rapids, Minn.
the
Bond Offering — Frank Sher¬
.;only bid submitted for the notes.
man,
Notes are dated Dec. 15, 1948.
Village Clerk, will receive
-Due $30,000 June 30 and Dec. 31, sealed and oral bids until 8 p.m.
-1949 to 1952, and $45,000 June 30
(CST) on Dec. 20 for the purchase
and Dec. 31, 1953 to 1956. The City of $13,000 not to exceed 3% inter¬
est airport bonds. Dated Dec. 31,
: reserves
the right to redeem the
-v .notes in inverse numercial
Denomination $1,000.
Due
order, 1948.
The
23/4s.
to be
are
on March
from 1953 to 1968 inclusive.
675,000
Lake), Mich.
Bond
were
1949 to 1953 inclusive.
West
Heights, N. J.
$46,000 sewer
Sale—The
Bond
Dec.
will
p.m.
$297,000 building bonds.
were
the
3
Jan. 18 for the purchase
on
Hasbrouck
associated with City
Legality. approved
by
Storey,
Council.
If
amortization
John Nuveen & Co., of Chicago,
Thorndike, Palmer & Dodge, of
bonds are sold and issued the en¬
fiscal
Boston.
"
agents.
Previously, the in the recent purchase of $800,000 tire issue may be put into one
County rejected the offer of the school bonds—v. 168, p. 2168. The single bond or divided into several
MICHIGAN
Detroit Bank to purchase an issue group paid a price of 100.04 for bonds as the Council may deter¬
of $750,000 notes, due in 5 months, the bonds divided as follows:
mine upon at the time of sale;
Benton Township Sch. Dist. No. 2
on a iy4% interest basis.
$125,000 6?. Due on March 1 from both, principal and interest..(J-J)
(P. O. Benton Harbor), Mich.
Memphis,
of
until
received
assessment
1949.
arranged for a line of credit
in the amount of $750,000 with its
(CST)
District, Neb.
—
Sealed bids
Offering
be
fered
Nashville, Memphis Securities Co.,
and B. F. Ward & Co.,
both of
Detroit), Mich.
Loan — The County
1,
been
Bond
will
Jan.
struction
Temporary
NEBRASKA
School
Neligh
Fred L. Hill,
—
will
8
date of
from
years
purchase of $162,500 not
until
10 for the
Watkins, Morrow & Co., Birming¬
has
1969 inclusive. Call¬
10
NEW JERSEY
Offering
ham, Cumberland Securities Corp.,
O.
March
Clerk,
of
issue of $200,000
1950 to
15, 1949.
City
Newman,
First National
The
purchased
an
after
able
Great Falls, MonL
Separate
—
has
bonds
from
changed
—
Bank
issue.
the
of
Sch. Dist. No. 1
Butte, in joint
at auction on
build¬
ing bonds as 2%s, at a price'of
100.175, a basis of about 2.475%.
Due
$10,000 annually on Jan;'1
13
Dec.
scheduled for Dec. 16 has
postponed until Jan. 11. The
date
pay¬
Chicago and the Miners
account,
$175,000 not to exceed 6%
court house bonds, origi¬
the
bids
Details
Sale
Bond
of
National
interest
School District. Miss.
submitted for the issue of $20,000
ticipation notes
of
Sale
Bond
Bank
Offering Postponed—Sale
Bond
$7,500,
(P. O. Butte), Mont.
from
Mont.
City Treasurer.
Municipal
matur¬
MONTANA
Bond
Greenville
Bonds
Silver Bow County
1951
from
County (P. O. Miles City),
Custer
MISSISSIPPI
(P. O. Route 2,
Adrian), Mich.
2
1
beginning Nov. 1, 1951.
high bid of 99.16 for 3s
made by N'ewhard, Cook &
Co, of St.
principal amount of bonds
of the
Nov.
on
certified check for
able to the City Council.
callable
sealed
(CST) on Dec.
20 for the purchase of
$170,000
2 %% permanent improvement re¬
volving fund bonds. Dated Dec.
15, 1948. Denom. $1*000. Due $34,000 Dec. 15, 1949 to 1953. Prin¬
H.
E.
to
a
authorized at the gen¬
on Nov. 2.
Enclose
were
election
eral
ing from 1954 to 1968 inclusive are
was
R.
F.
—
bonds
are
inclusive.
1968
are paid.
The
whether amortization or
serial bonds, shall be redeemable
at the option of the City Council
on any interest payment date.
The
City Council reserves the right to
reject any and all bids and to sell
the. bonds at private sale. These
bonds,
Second
Rochester, Minn.
Palmyra
No.
the First National Bank of Boston.
Jan.
1, from 1951 to I960,
mature
to
until all such bonds
basis of about 3.08%.
dated Jan. 1, 1949
a
bonds
and
the Alli¬
to
99.26,
The
168, p.
10—v.
Co., of Minneapolis.
son-Williams
Jan.
of
revolving fund
Dec.
awarded
2374—were
Dated
Texas, of Dallas, as 3s at a price
Sale—The $55,000 perma¬
offered
revenue
10—v. 168, p.
Milaca, Minn.
bonds
*
bonds offered Dec.
2273—were awarded
the Central Investment Co. of
1960 incl., mitory
$10,000 from 1950 to
$12,000 in 1961.
and
and
Adrian
Townships Fractional Sch. Dist.
$1,000.
Denomination
1948.
&
awarded
not to exceed 3%
1,
Oct.
dated
are
MISSOURI
University of Missouri (P. O.
Rolla), Mo.
Bond Sale —The $136,000 dor¬
(CST) on Dec. 29 for
the
purchase of $122,000 drain
bonds.
Due. Dec.
1, as follows:
nent improvement
Trauer¬
The
—
until 1 p.m.
3s.
as
Madison,
1958 inclusive.
bonds
was
Schneider
117,000 trunk sewer bonds. Due
Oct.
1,
as
follows: $12,000
The
County
Auditor will receive sealed bids
Bond
Legality
&
nicht, of St. Louis.
Minnesota
Offering
Bond
assessment bonds offered
10
Dec.
inclusive.
-from. 1949 to 1955
and
$11,000 from
(P. O. Kalamazoo),^
Michigan
Sale—The issue of $40,000
special
50,000 school addition bonds. Due
$5,000 Oct. 1, from 1949 to
1958
Northwood
Township,
Kalamazoo
as
imited ad valorem taxes.
Fairmont), approved by Charles
(P. O.
bids until 7:30 p.m.
Bond
follows: $4,000 in
1949
and
1950,
and; $3,000
from 1951 to 1958 inclusive.
Oct.
-
incl.
County
Bond
All of the bonds are dated Nov.
sale consisted of:
The
Nov. 1, from 1950
$75,000
to 1967,
1949
Martin
of
Co.,
follows:
1959, incl.
•
•.
$32,000
bonds:
1956, incl., and $9,000 2V2s,
due on Nov. 1, from 1957 to
York, as 114s, at a price of 100.57,
a
basis of about 1.075%.
Second
•
1,
to
to
New
Co., of
&
on
Nov.
on
1959, incl.
drainage
2%s, due
Sale—The $499,000 bonds
Bond
due
1957 to
from
41;000
Worcester, Mass.
offered
2V2S,
$4,000
Commonwealth.
V
Woods, Mich.
$81,000 general
Pointe
Grosse
Bond Sale—The
loan notes. Dated
Due Dec. 22, 1949.
Both principal and interest will
be payable at the First National
Bank
of Boston. The Authority
.000
they
as
severally mature.
Chairman, will receive sealed bids
at the office of the State Hous¬
ing Board,
18 Tremont Street,
Boston, until 1 p.m.
(EST) on
Dec. 20 for the purchase of $50,-
attached
hereto
pons
Housing Authority, Mass.
Note Offering—P. W. Linscott,
Woburn
school
bonds
was
sold
Dec.
the
general
2.
Nov.
check
for
election held
Enclose
$1,625,
a
certified
payable to
the
City Clerk.
a
Bond Offering—Wm. C.
Ander¬
group
Memphis, at
a
price of 100.047, a pool
higher than the lowest rate
in any legally acceptable
rate
stated
proposal.
will
be
bonds.* f Amortization bonds
successful
The
furnished
bidder
with the opin¬
Hawkins, Delafield & Wood
City, that the bonds
valid and legally, binding obli¬
ion of
of New York
are
gations of the Borough. Enclose a
certified or cashier's check for $2,520, payable to the
Palmyra
School
Borough.
District,
N.
J.
—
The $300,000 con¬
struction bonds
offered Dec. 14—
Bond
Sale
168, p. 2375—were awarded to
the Fidelity Union Trust Co., of
v.
Newark, and E. H. Rollins & Sons,
2.15s,
basis of
1948
Inc., New York, jointly,;as
a
price of 100.034,
about 2.247%.
composed of John Nu- son, City Clerk, will receive sealed
veen & Co., Chicago, Union Plant-, bids until 8 p.m. (MST) on Jan. 3
ers
National Bank & Trust Co., I for the purchase of $75,000 not
and M. A. Saunders
Co., both ofjto exceed 4%v interest swimming
to
be
at
Livingston, Mont.
$500,000
on
at
bear, and no proposal will
considered which specifies a
to
are
and
a
Dated Nov. 1,
on Nov. 1 from
inclusive/Second high
100.433 for $299,000 2V4swas
due
$15,000
1950 to 1969
bid of
made by a group
composed of Bo-
land, Saffin & Co., Dolphin & Co.,
and MacBride, Miller & Co.
Township (P. O.
Pennsaukeh), N. J„
'
Pennsauken
•<
,
Sale—TheJ
Bond
$109,000 vari¬
improvement« bonds offered
Dec. 13
v.
168, p. 2375 — were
awarded to Dolphin & Co. of Phil¬
are
be
considered
specifies
which
—
as
Greenburgh Union Free Sch. Dist.
No. 2 (P. O. Irvington), N. Y.
Bond
Offering — Margaret
I.
made
Princeton Township
in
legally
any
proposal.
The
stated
will
furnished with
be
&
legally bind¬
bonds are valid and
ing obligations of the Township.
Enclose
a
certified or cashier's
School District
$7,100, payable to
for
check
school
est
coupon
nomination $1,000.
the
Tenafly, N. J.
Karch, District Clerk, will receive
Bond Sale—The $34,000 fire ap¬
sealed bids until 8 p.m. (EST) on
paratus
and
road
department
Dec. 21 for the purchase of $770,,000 not to exceed
6% interest equipment bonds offered Dec. 14
v.
168, p. 2375—were awarded
school coupon or registered bonds.
to the Tenafly Trust Co., as 1.20s,
Dated Jan.
1, 1949. Denomination
at a price of
$1,000. Due Jan. 1, as follows: $30,about 1.14%.
000 in 1950 to 1953, $35,000 in 1954
follows:
$5,000
in
1948.
De¬
specifies
awarded to
Co.,
in
istated
any
165,000 Capital Notes for High¬
way Repair Shop. Due $82,500
Dec. 17, 1949 and 1950. The
County will furnish the pur¬
chaser
with
the
approving
Irvington. Rate of interest to be
in multiples of XA or 1/10 of 1%,
and must be the same for all of
■
100.01,
proposal.
The successful bidder
Vwill be furnished with the opinion
Of Hawkins, Delafield & Wood, of
:New York City, that the bonds
ire valid and legally binding obli-
1.60s,
as
a
basis
at
a
Bond
$57,000
Sale—The
Bond
14—v. 168, p. 2375—were
awarded
1963 inclusive.
..The bonds due in 1954 and there¬
after are callable on Dec. 1, 1953.
Township (P. O.
Teaneck), N. J.
Offering—Clara Christen-
Teaneck
'
!
Bond
'sen,
Township Clerk, will receive
bids until 8:30 p.m. (EST)
Dec. 21 for the purchase of
Sealed
on
$355,000 not to exceed 6% interest
or
coupon
vided
as
di¬
registered 'bonds,
follows:
Emergency Housing, Se¬
ries ' B
bonds.
Due
$2,000
$40,000
such
at such
$8,500 water bonds: $2,500 3s, due
on Dec.
1 from 1949 to 1953
place as may be agreed on
O. Livingston Manor),
Dist. (P.
\
1, 1949 to 1968. Bonds
maturing in 1954 to 1968, will
be subject to redemption as
a whole or in part in inverse
order of their maturities at
No') 1
at
on
■
-
.
Bond
par
Dec.
bonds.
;v:.
Sale—The
'I '■
$64,000 build¬
and due on Dec.
1949 to 1968 inclusive.
1,
1948
Black River, N.
to
awarded
Bangor),
York
bonds offered on Dec. 9—v.
168, p. 2376—were awarded to Tilney & Co., of New York, the only
bidder, as 2 V2 s, at a price of 100.18,
a
basis of about 2.477%.
Dated
from
57,000 Paving Assessment, Series
7 W bonds. Due Dec. 1, as fol¬
lows: $12,000 in 1950 to 1953,
New
$15,000
1, 1949 to 1963. Principal and in¬
(J-J) payable at the Liv¬
terest
ingston
Manor
National Bank,
Livingston Manor. Rate of interest
to be in a multiple of J/4 or 1/10
of
100.123,
15,
sewer
Sage, Rutty & Co. of
a
New
$6,035,000
ries H notes offered
168,
on
and 1954.
<
Assessment,
Se¬
ries Y bonds. Due $4,000
Dec.
20,000
Paving
1, 1950 to 1954.
"
51,000 Park
bonds.
lows:
•iV
■
Improvement, 1948
Due
Dec.
1,
as
fol¬
$2,000 in 1949 to 1952,
$3,000 in 1953 to 1963, and
-$2,000 in 1964 to 1968.
10,000 Paving Assessment,
Series Z bonds. Due $2,000 Dec.
1, 1950 to 1954.
"
40,000 Apparatus
•
and ' Equip¬
ment 1948 bonds.
Due Dec.
tas follows: $6,000 in 1949,
000 in 1950 and 1951, and
1
$8,$9,-^
000 in 1952 and 1953.
85,000 Sewer, 1948, bonds.
Due
Dec. 1, as follows: $3,000 in
1
1949, $4,000 in 1950 and 1951,
'
-
-
Dist.
Buffalo
se¬
Dec. 10—
2376—were awarded as
Dec. 1 from
All of the bonds are
,
dated Dec.
1, 1948.
Forest,
Wake
N.
C.
The $54,000 bonds
offered Dec. 14—v. 168, p. 2486—
were awarded to the Trust Co. of
-,
Bond Sale
—
Georgia, of Atlanta, at a price of
100.034, a net interest cost of
about 2.32%, as follows:
$8,000 water and sewer bonds as
2V2S.
Due on June 1 from
1951 to 1958 inclusive.
<
46,000 street improvement
1950
from
and
1958
to
inclusive;
$28,000 2y4s, due on June
1 from 1959
the
for,
bonds:
due on June 1
$18,000 2V2S,
to 1964
inclusive.
All of the bonds are dated
Dec(
OHIO
Free
Augusta Local Sch. Dist., Ohio
Bond Offering—T.
D. Turnip-
O.
(P.
5
No.
on
1954 to 1957 inclusive.
19), N. Y.
seed, Clerk of the Board of Edutissue of $130,- j cation, will receive,sealed bids at
000 building bonds offered, Dec. 10 j the
County
Superintenqtent of
was
awarded to E. H. Rollins & Schools' office, ip Carrolllpn, until
Sons of New York, as 2.40s, at a noon
(EST) on Dec. 30 for the
Sale—The
Bond
price of 100.339,' a liasis of about
2.37%. Second high bid of 100.81
for 21/2S was made by George B
Gibbons & Co., Inc., and Chas. E
Bonds
as
purchase of $50,000 not to exceed
31/2%
interest construction and
improvement coupon bonds. Dated
1, 1949. Denomination $1,000.
1, as follows: $3,000 in
1950 to 1965, and $2,000 in 1966.
Rate of interest to be in a mul¬
Jan.
Co., jointly.
dated
are
follows: $4,000
Due Sept.
Dec.
1948.
1,
Due Dec. 1,
in 1949 to 1969,
tiple of y4 of.1%.
Principal and
interest payable at the First Na¬
$5,000 in 1970 and 1971, and $6,000
in 1972 to 1977. Principal and in¬
tional Bank, Carrollton. These are
payable at the Ma¬ the bonds authorized at the gen¬
of Buffalo. The ap¬ eral election on Nov. 2. The bonds
$4,935,000 to a group composed of
are payable from unlimited taxes.
the Chase National Bank of proving opinion of Hawkins, Dela¬
New York,
C. J. Devine & field & Wood, of New York City, A transcript of proceedings evi¬
Co.,
and Salomon Bros.
& will be furnished to the purchaser dencing the legality thereof and
the printed bonds will be fur¬
Hutzler,
at
1.19%
interest, without cost.
pon or registered bonds.
Dated
nished promptly. Bond attorney's
plus a premium of $20.44.
NORTH CAROLINA
Jan.' 1, 1949. Denomination $1,000.
opinion at option and expense of
1,000,000 to Bear, Stearns & Co.,
Due $2,000 July 1*1950 to 1959.
Durham County (P. O. Durham), the successful bidder. Enclose a
New York, at 1.17%, plus a
Rate of interest to be in a multiple
North Carolina
certified check
for 1 % of ■ tho
premium of $7.
.
of
or
1/10 of 1%, and must
The $3,000,000 amount of the bonds offered, payBond Sale
100,000 to Wm. E. Pollock & Co.,
be the same for all of the bonds.
.New York, at 1.18%, plus a school building bonds offered Dec. j able to the District.
Principal and interest (J-J) pay¬
14—V. 168, p. 2377—were awarded I BereQf City School District, Ohio
premium of $4.50.
able at the Northern New York
to
a
syndicate composed of the
Bond Offering—L. R. Pritchard,
The notes are dated Dec. 27,
Trust Co., Watertown. The bonds
Chase
National
Bank,
Phelps, cierk 0f the Board of Education,
1948 and mature on June 27, 1949.
will be delivered to the successful
Fenn & Co., Stone & Webster Sereceive sealed bids until noon
bidder at the Northern New York
Niagara Falls, N. Y.
curities Corp., all of New York,
(EST) on Dec. 31 for the pur¬
Trust Co., Watertown, or at such
Bond Sale—The $624,000 pub¬ Schoellkopf, Hutton & Pomeroy, chase
of
$460,000 3% building
other place as may be agreed with
lic
improvement
bonds offered
bonds.
Dated Dec. 15, 1948.
DeBond
Offering
—
John
v.
L.
Lee-
p
follows:
terest
the purchase
on or
about Jan. 3,
approving opinion of
Scanlon, Wright & Willmott, of
Watertown, as to the validity of
the bonds will be furnished to the
successful bidder. Enclose a certi¬
fied or cashier's check for $400,
1949.
The
(J-D)
rine Trust Co.,
Dec.
13
—
awarded
v.
to
168,
the
p.
2376 — were
Trust &
Harris
8" T' w1 uS ^ 2°"'1 St* 0 ,^?w 1 June and Dec $1,000. Due $9,000
nomination
York, Wachovia Bank & Trust Co
15> 1950 to 1964> and
of Asheville, Reynolds & Co., of
Interstate Securities
price of 100.18, a basis of about New York
1.207%.
Dated Jan. 1, 1949 and Corp., of Charlotte, and Kirchofer
due on Jan. 1 from 1950 to 1960 & Arnold, of Raleigh, at a price of
inclusive.
Second
high bid of 100.019, a net interest cost of about
100.126 for iy4s was made by the 1.7368%, as follows:
Guaranty Trust Co.,-New York,
$510,000 6s. Due on June 1 from
and Laidlaw & Co., New York, in
1951 to 1054 inclusive.
Savings Bank, Chicago, as lV4s, at
a
$3,000 in 1952, $4,000 in 1953
to 1963, $3,000 in 1964 to 1968, payable to the Village.
Glen Cove, N. Y.
and $4,000 in 1969 to 1971.
Bond Sale—The $148,500 street
9,000 Emergency Housing, Series
C bonds. Due Dec. 1, as folimprovement, sewer and building joint account.
;
/ lows: $2,000 in 1949 to 1952, bonds offered Dec. 16—v. 168, p.
Onondaga County (P. O.
and $1,000 in 1953.
2486—were awarded to the Glen
Syracuse), N.Y.
Cove Trust Co., of Glen Cove, as
:. Dated Dec. 1, 1948. Denomina¬
Note Sale—The $865,000 notes
tion $1,000. Principal and interest 1.40s, at a price of 100.059, a basis
offered on Dec. 18 were awarded
payable at the Bergen County of about 1.378%. Dated Jan. 1
i as follows:
National Bank, Hackensack. Each 1949 and due on Jan. 1 from 1950
.
$2,000 2s, due
1,1948.
and Hamburg Union
Sch.
Denomination $1,000.
Village Clerk, will receive
; V and $9,000 in 1954.
sealed bids until 10 a.m. (EST) on
43,000 Paving Assessment, Series
Dec. 21 for the purchase of $20,X bonds. Due Dec. 1, as fol¬
000 not to exceed lxk% interest
lows: $9,000 in 1950 to 1952,
water system improvement cou¬
and $8,000 in 1953
■
wanna
Authority,
York
Sale—The
•
Orchard Park, Lacka¬
West Seneca,
Weigold &
Note
bonds
and $6,000 2s, due
from 1954 to 1961
inclusive.
payable to the District.
han,
"*•
of
2% of
to be bid
for
check
cashier's
Dec.' 1
5,000 street improvement bonds:
$3,000 3s, due on Dec. 1 from
1949 to
1953 inclusive, and
Enclose a certified or
1949.
amount
on
Jan.
ingston Manor, on or about
as
New York City Housing
1
Y.
and must be tKe same for
The bonds will
be delivered at the office of the
successful bidder or at the option
of the successful bidder at Liv¬
l%s, at a price of
basis of about 1.722%.1
The
second
highest bidder was
Erickson Perkins & Co., for l3As,
at a price of 100.02.
„
Rochester,
1%
all of the bonds.
School District system bonds offered Dec! 13 were
ing
Dec.
Sale—The
Bond
( P. O. North
'
~
option of the Township,
and accrued interest
1, 1953, or on any
interest payment date thereafter
as
provided
in the
'
•'
New
of
Bangor Union Free
the
; •
(r
•
inclusive,
the County.
Rockland, Livingston Manor Fire
York
Huntington, Green Lawn Water
District (P. O. Huntington),
without cost.
Dec.
"
clusive.
bonds offered
to Hall &
awarded
was
the Vance
Greensboro,
of
follows:
1948. To be in
denominations and payable
17,
Dec.
Dated
York, as 13/4S, at a
New York
price of 100.235, a basis of about
Bond
Sale—The
$11,000 con¬
1.712%.
Second high bid of 100.23
struction bonds offered Dec. 16—
for l%s was made by George B.
v.
168, p. 2486—were awarded to
Gibbons & Co., Inc., and Chas. E.
George B. Gibbons & Co., Inc.,
Weigold & Co., jointly.
New York, as 1.90s, at a price of
Bonds are dated Aug. 1, 1948.
100.34, a basis of about 1.835%.
Denomination $1,000. Due Aug. 1,
Dated Dec.
1, 1948 and due on
as, follows:
$10,000 in 1949 and
June 1 from
1950 to 1959 incl.
1950, $15,000 in 1951 to 1955, and
Second
high bid of 100.14 for
$10,000 in 1956 to 1963. Principal 1.90s was made
by the Bank of
and interest payable (F-A) at the
Huntington & Trust 1 Co., Hunt¬
United States Trust Co., of New
ington.
York.
The approving opinion of
Vandewater,
Sykes, Heckler & Irondequoit, Cedarwood Sanitary
Sewer District (P. O.
Galloway, of New York City, will
Rochester 5), N. Y.
be
furnished
to
the
purchaser
Co.,
Dec. 1 from 1949 to
•
10
Dec.
Secaucus, as 2s, at a price of par.
Dated Dec. 1, 1948 and due on
-
construction
000
Peoples National Bank of
the
to
Sale—The issue of $175,-
Bond
emer¬
and
Corp.,
jointly, at a price of 100.08, a net
interest cost of about 2.156%, as
County.
Dec. 1 from 1949 to 1953
housing bonds offered Dec.
gency
2486—
Peeler &
14—v. 168, p.
Durham,
Securities
.
The $13,500 bonds
the
and
1948
1,
—
awarded to J. Lee
of
Co.,
City, to the effect that
will be valid and
due on
Bond Sale—The $332,500 drain¬
New York
inclusive.
Bond
Offering—J. Fred Hoos,
age 1949 bonds offered Dec. 14—
Second high bid of par for 1.90s v.
168, p. 2486—were awarded to District
Secretary,
will receive
was
made by Boland, Saffin & Harriman
Ripley & Co., Inc. and sealed bids until 3:30 p.m. (EST)
Goldman, Sachs & Co. of New on Dec. 21 for the purchase of
igations of the Board of Education. Co., New York.
Enclose
a
certified or cashier's
York, jointly, as 2s, at a price of $6,000 not to exceed 3 %* interest
NEW YORK
about
check for $15,540, payable to the
100.019, a basis of about land acquisition coupon or regis¬
Board of Education.
Babylon Union Free School District 1.998%. Dated Jan. 1, 1949. Due tered bonds.
Dated Dec. 1, 1948.
No. 3 (P. O. Babylon), N. Y.
on
Jan. 1 from 1950 to 1977 in¬ Denomination $400. Due $400 Dec.
Secaucus, N.J.
Dec.
Dated
Sale
offered Dec.
were
N. C.
Wilkesboro,
North
legally binding obligations of
Hempstead (P. O. Hempstead),
New
by Oscar Burnett & Co.'
made
notes
the
by the purchaser and
1.59%.
about
of
Hawkins,
Wood, of New
delafield &
York
dated Dec.
All of the bonds are
1, 1948. Second high bid of 100.01
for $35,000 23/4s and $10,000 3s, or
a
net cost of about 2.79%, wasi
of
opinion
legal
'
District.
Co. of
price of
J. S. Rippel &
notes
legally binding obligations o.
the County.
—
the lowest rate
legally acceptable Newark,
rate higher than
the
payable at the Irv¬
(A-O)
ington National Bank & Trust
to the effect that
will be valid and
inclusive.
general bonds: $5,000 6s,
due June 1, 1961; and $5,000
21/2S, due June 1, 1962.
New
of
&
York City,
$6,000 in 1952 to 1955, and $7,000
in 1956 to 1958. Principal and in¬
terest
Wood,
Delafield
1962 to 1967
from
10,000
Hawkins,
of
opinion
legal
Due Oct. 15, as
1949 to 1951;
100.147, a basis of the bonds. Said bonds will be de¬
Dated Dec.,1, 1948 livered at the Irvington National
Bank & Trust Co., Irvington, or
and due on Dec. 1 from 1949 to
to 1958, $40,000 in 1959 to 1962,
1953 inclusive. Second high bid of at such other place as may. be
and $45,000 in 1963 to 1969. Prin¬
100.028
for
1.30s was made by agreed with the purchaser about
cipal and interest (J-J) payable at
Saffin & Co., of New Jan. 15, 1949. The approving opin¬
the Bankers Trust Co., New York. Roland,
ion of Wood, King & Dawson, of
York.
Each proposal must specify in a
New York City, will be furnished
Wallington, N. J.
multiple of Vs or 1/20 of 1% a
the
purchaser without cost.
Bond Sale—The $20,900 build¬ to
single rate of interest which the
Enclose
a
certified or cashier's
ibonds are to bear and no proposal ing reconstruction bonds offered
Dec. 13
v.
168, p. 2274 — were check for $1,200, payable to the
will be considered which
County will supply the pur¬
chaser
with
the
approving
registered
or
Oct; 15,
Dated
bonds.
(P. O. Princeton), N.J.
Township.
Bond
Offering — William M.
a
Bond Sale—The $45,000 refund¬
ing bonds offered Dec. 7—v. 168,
p. 2377were awarded to Alex.
Brown & Sons, of Baltimore, at
.
Saffin
by Boland,
Co. of New York.
*
York, at 0.75%
•
Second
'
interest, plus
a premium of $21.
165,000 capital highway repair
shop notes to the Guaranty
Trust Co., of New York, at
0.86%, plus a premium of $6.
(P. >0.
County
Troy), N. C.
Montgomery
'•
6JL
a
acceptable
price of 100.078, a net interest
cost of about 2.78%, as follows:
successful bidder Crawford, District Clerk, will re¬
Notes are divided as follows:
the opin¬ ceive sealed bids until 3 p.m.
$35,000 road and bridge bonds:
ion
of
Hawkins,
Delafield
& (EST) on Dec. 22 for the purchase $700,000 Tax Anticipation notes.
$5,000 6s, due June V 1961;
Due
April
17,
1949.
The
Wood, of New York City, that the of $60,000 not to exceed 5% inter¬
and $30,000 2s, due on June 1
high bid of 100.16 for IVzs
2.40s, at a price of
basis of about 2.38%.
Dated Dec. 1, 1948 and due on
Dec. 1 from 1949 to 1959 inclusive.
adelphia,
100.09, a
was
a
lowest rate
higher than the
rate
$700,000 tax anticipation notes to
J. P. Morgan & Co., of New
of
made by the
Marine Trust Co. of Buffalo, and
R. D. White & Co., jointly.
100.008 for 1.40s was
proposal will
to bear, and no
ous
Second high bid
incl.
1954
to
proposal must specify in a mul¬
tiple of Vs or 1/20 of 1% a single
rate of interest which the bonds
(2593)
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4761*
Volume 168
310,000 Dec. 15,
$9 000 June and
Bidders may bid for
(to 1974
a
different
rate
of interest
in a
multipieof y4of 1%. Interest (J-J).
These are the bonds authorized at
general election on Nov. 2, and
payable from unlimited taxes.
proceedings authorizing tho
issuance of these bonds have been
435,000 iy4s. Due on June 1 from
1955 to
2,055,000
1957 inclusive.
IV2S.
from 1958 to
Due
on
1, 1948.
are
The
taken
June
1
1969 inclusive.
All of the bonds are
the
dated Dec.
bidder
.
;
,
under
the
supervision o£
Peck, Shaffer & Williams of Cin¬
cinnati, whose approving opinion
will be furnished to the successful
at
his expense.
Enclose a
62
(2594)
bond
of
certified
or
the
THE
bonds
check for 1%
for, payable to
bid
cessful bidder at the bidder's
Enclose
pense.
the Board of Education.
for
Offering
—
bids
until
(EST)
noon
bonds
election
FINANCIAL
Lebanon
Township Local Sch. Dist.
R. R. 11, Box 148,
Cincinnati 31), Ohio
Bond Offering—Wm. A. Thomas,
Clerk of the Board of Education,
will receive sealed bids until
will receive sealed bids until noon
(EST)
•
Clerk
of
the Board
(EST) on Jan. 6 for the purchase
not to exceed 4% in¬
Dated Nov.
terest
certified
of
$1,000.
building bonds. Dated May
of
Education,
$250,000
3%
building
bonds.
1, 1948. Denomination
Nov.
Due
1,
•
to
1973.
interest
of
to
000
for
Bond
a
payable
$650,
Offering
will receive sealed bids until
W. V.
Archer,
Clerk of the Board of Education,
—
will receive sealed bids until
(EST)
on
chase
of
(EST)
of
noon
1, 1949. Denominations
$6,500 and $7,000. • Due Jan. 1, as
follows: $6,500 in 1951 to I960, and
Jan. 1, 1949.
Due $4,000
$7,000
of
First
the
National
Caldwell, Caldwell.
the
election
1965.
Bidders
These
bonds
were
election1
at the general
will
bonds
are
furnished
be
Franklin
promptly. Bond attorney's opinion
at option and expense of the sue-,
cessful bidder.
Enclose
check for 1 %
certified
a
offered, payable to the District. -
Sale
Dist.,
I
awarded to the First Cleve-
land Corp., of Cleveland, as 2J/4S,
at a price of 100.659, a basis of
about
2.173%.
The
bonds
are
dated .Jan.
1,
1949.
to
1963
Due
Dec.
sealed
Nov.
for
2.
Enclose
certified
a
$2,050, payable
on
check
the Board
to
of Education.
Oberlin Exempted
Jan. 1,
J
1*1964
of interest
be in
% of 1%.
2.
for
of
works
v.
bonds
168,
Ohio
Sale—The
water
Dec.
15
—
the bonds
$2,800,
payable
to
the
1949
dated June 1, 1948.
are
April
on
1955
to
Oct.
and
inclusive.
high bid of 100.37 for 2s
by Fahey, Clark & Co.
1,
-
from
Second
was
made
Greenville
City Sch. Dist., Ohio
Dec.
were
awarded
14
The
$758,000 con¬
equipment bonds of¬
—
fered
inclusive.
101.37
—
v.
to
168,
J.
2378—
p.
A.
White
&
Sale—The
$400,000
16—v.
168,
2487—were
p.
2V4S
high
bid
made
was
of
by
Township (P. O.
Nutwood), Ohio
1,
Rt.
Bond Offering—Harlan F.
Mul-
lett, Township Clerk, will receive
gym¬
nasium construction bonds offered
Dec.
equipment
Spencer.
These
the bonds authorized at
are
the
general election on Nov. 2.
Principal and interest (M-S) pay¬
able at the First National Bank,
Bellaire, and the bonds are pay¬
able
from
unlimited
A
taxes.
transcript of proceedings evidenc¬
ing the legality thereof and the
printed bonds wilKbe furnished
at
option and
sealed
Jan.
of the
expense
cessful bidder..
Enclose
check
of
for
bonds
1%
the
a
suc¬
certified
amount
bids
until
noon
(EST)
3 for the purchase of
not to exceed 4%
on
$10,000
Irving
ance
to
Co.
of
the
these
taken; under
Squire,
Weil, Roth &
Cincinnati.
The
of
interest fire ap¬
bonds
the
Sanders
have
been
supervision
&
Dempsey,
of
of
Cleveland, whose approving opin¬
ion may be obtained by the suci
i
.
" :
paratus bonds. Dated Jan. 1, 1949.
Denomination $500. Due $500 May
bid for
in
a
M-N.
ized
a
different rate of interest
multiple of V4 of 1%. Interest
These
at
Nov. 2.
the
The
bonds
were
general
author¬
election
-
A.
Shadyside
Dec.
10
168, p. 2276 — were
Stranahan, Harris &
Co., Inc., of Toledo, as 2V2S, at a
price of 100.128, a basis of about
—v.
to
2.48%.
Dated
due
Dec.
on
inclusive.
-
Dec.
1948
and
15 from 1950 to
1979
Second
15,
high
of
bid
102.18 for 2%s was made by
Pohl
acquisition and
15—v.
The
bonds
1948.
dated
are
Denomination
bonds
will mature
Dec.
of
der
$1,000.
not
later
for
2V2S
bid
made
was
earlier
not
improvement
fered
Dec.
were
awarded
Trust
Co.,
16—v.
three years from date of issue, and
wil be callable beginning not later
10 years
of¬
p. 2378r—
Northern
the
Chicago,
a
York, and Maynard H.
Murch
&
Sharon
Township (P. O.
Worthington), Ohio
Offering
Charles
—
D.
Wing, Deputy Clerk of the Board
of Townshinp Trustees, will re¬
sealed
until
bids
8
p.m.
(EST) on Jan. 5 for the purchase
of $20,000 not to exceed 3% in¬
fire
Dated
bonds.
house
ally reduced premiums, the high¬
Due
$2,000
printed
3%
of par. The
bonds
approving
Bond
Offering—Margaret D.
Michel, Clerk of the Board of Ed¬
ucation, will receive sealed bids
on
approving opinion of the
P
n
vr,
purchase
(EST"*
of
or)
Jan.
$205,000
5
not
of
Rate
tiple
Oct.
1,
to
be
to 1959.
1950
interest
y4
of
The
of
in
mul¬
a
J-J.
Interest
1%.
will
bonds
sold
be
to
the
highest bidder at not less than par
and accrued interest. Bids may be
made
all
upon
or
any
number of
bonds of this issue. These are tbp
authorized
bonds
election
the
on
Board
at
the
general
Enclose
Nov. 2.
check
tified
a cer¬
for
$500, payable to
Township Trustees,
of
Township (P. O.
Route 1, Phalanx), Ohio
Southington
Offering—Earl
Clerk of the
Board
of
B.
Wolf,
Township
Trustees, will receive sealed bids
until
to
These
ized
at
j
...
author^
were
general
a
election
on
bond for
School
Local
District
Ohio
Collins),
O.
(P.
-
!
Bond Sale
The $20,000 con7
struction and equipment bonds of¬
fered Dec. 11—v. 168, p. 2378—r
—
awarded
were
to
Fahey, Clark &
Co., of Cleveland, as 2s, at a pricO
of 100.217, a basis of about 1.96%.s
Dated Jan.
j
1, 1949 and due $1,000
May 1 and Nov. 1 from 1950 to
on
1959 inclusive.
-
Offering—L.
of
the
receive
noon
(EST)
L.
bids
sealed
>
Marsh;
Education;
of
Board
will
until
Jan. 3 for the
on
pur¬
chase of $88 000 not to exceed 4%
interest .building
bonds.
Dated
Jan. 1, 1949; Denomination $1,000,
Due. $2,000 May and Nov.. 1, 1950
1971.
to
a
Rate o'f interest to be in
multiple of
M-N.
The
of
V4
1%.
will
bonds
Interest
be
sold to
the highest bidder, at not less than
-
and accrued interest. All bids
par
must
state
the
number
interest
accrued
of
to
bonds
date
.
of
delivery. The Board of Education
to pay for printing of the bonds; '
purchaser to pay for opinion as to
legality and expense of shipping s
bonds.
Enclose
certified check
a
for $880, payable to the Board of
Education.
Wadsworth
*
Bond
Clerk
will
Sch± DistOhio
Local
of the
sealed
(EST)
Hoerger,
Education,
of
Board
receive
*
noon
.
Offering—E.- F.
bids
Jan.
on
5
for
until
the
purchase of $19,060 3% school ad¬
dition bonds.
Dated Jan. 1, 1949.
Denomination
Oct.
$1,000. Due $1,000
1, 1950 to 1968. Interest J-J.
Bidders
rate
of
1/4..of
may
bid
interest
for
in
a
different
a
multiple of
The
at
Wadsworth.
-
issuance
b^nds
the
1%.
payable
Citizens
will
he
Bank,
The proceedings for
of
the
bonds
havev;
been taken under the
supervision
Squire, Sanders & Dempsey, of
of
Cleveland;
thorized
on
Nov.
These bonds
the
at
2, and
;
were au¬
general
are
be- in
a
terest
tees
195R.
M-N.
to
Rate
election
payable from
of interest to
multiple of Vt of 1|%.
pay
Board
for
printing
bonds.
Purchaser to
ion
In¬
Walnut
of
Township Local Sch. Dist.
(P. O, Ashevillfe)r Ohio
of Trus¬
The
*
Bond Offering-4-H. F.
the
of
Solt, Clerk
the Board of Education, will re¬
to
pay'fqr opin¬
legality and expense of ceive sealed bids until nogpjEST)
shipping bonds.. Enclose & certi¬ 011 Dec.' 31< for the purchase of
for fied check for $200,
payabl£ to the $225 000 ' 4r% * construction : and
to
as
Board of Trustees;
equipment
bonds.
it
<
"
Dated Jan.
f ''
i
>
'
.
1,
\
•
,
(EST) on Jan. 4 for the unlimited taxe$. Bidders to whom
purchase of $20,000 not to exceed the award is made shall pay. the
4 % interest fire apparatus bonds.
cost of printing the bonds: Enclose
Dated Jan. 1, 1949. Denomination a certified check for
$190 payable
$1,000. Due $1,000 May and Nov, 1, to the Board of Education. ;
j
-
bonds
the
Enclose
noon
1950
multiple of V4 of 1%. Interest
a
M-S.
the
"
Bond
$13GjO
different rate of interest
a
bid for and the gross amount of bid
1, 1949. Denomination $1,000.
exceed
in
and
Jan.
not to
bid for
Bond
from date at gradu¬
est
Due
$1,300.
Township Local Sch. Dist«;
(P. O. Kinsman), Ohio
f
as iy2s, at a
basis of about
1.34%.
Dated Dec. 1, 1948 and
due $30 000 on Oct. 1 from 1950
to 1959 inclusive. Second high bid
of 100.827 for 13/4S was made by
the Union Securities Corp., New
terest
noon
Sept. 1, 1950 to 1959. Bidders may,
Clerk
bonds
168,
to
price of 100.962,
ceive
Sorter,
Education,
Vernon
Sale—The $300,000 build¬
Bond
of
Board
by
(P. O. Cleveland 20), Ohio
The
than
nomination
Shaker Heights City Sch. Dist.
and
the
Townsend
Pohl & Co.
than
from
beginning
than
100.22
Offering—Wilbur
of
(EST) on Dec, 31 for the purchase
of $13,000 4% heating equipment
bonds.
Dated March 1, 1948.
Den
de¬
high
1
<
•
.
will receive sealed bids until
1948 and due $5,000
Second
-
•
Bond
168, p. 2276—were awarded
inclusive.
1959
for
$1,000,
>ayable to the Board of Educatiom
June 1 and Dec. 1 from 1950 to
on
Dempsey,
• Enclose
a
$150, payable
of Township Trus¬
Board
Clerk
Dec.
on
&
Springdale Local School District
(P. O. R. R. 5, Box 395-A,
Lockland), Ohio
<
,<
;
the First Cleveland Corp., of
Cleveland, as 2s, at a price of
100.336, a basis of about 1.939%.
Dated Dec. 1,
the
tees.
to
1,
date of-issue in
such serial installments as may be
years
to
land
athletic field
have
supervision
expense.
check
Nov. 2.
Co., of Cleveland.
& Co.
certified
high bid
velopment bonds offered
Squire,' Sanders
purchaser's
15, 1948
$100,000
bonds
Cleveland, whose approving
opinion may be obtained at the
of Cincinnati.
Sale—The
Bond
ing
$120,000' water
improvement bonds offered
works
of
Village
District,' Ohio
*
1,
Due
of
Exempted
School
■
Bond
Milford, Ohio
30
White & Co.,
said
of
been taken under the
made by J.
was
2.
issuance
the
Dec. 15 from 1950
13/4s
$500.
Savings Bank:,
bonds were au¬
the general election
The proceedings for
at
Nov.
on
The
dated Dec.
are
of 100.10 for
of
Sale—The
—
and mature on
offered, payable to the Dis¬
together with the
opinion will be fur¬
nished
by
the
Village.
These
bonds are dated Dec. 1, 1948. Due
and Nov. 1, 1950 to 1959. Rate of bonds will be a
part of a total
on Dec. 1 from 1950 to 1974 inclu- !
interest to be in a multiple of J/4 authorized issue of
$150,000. Le¬
sive.
of 1%. The bonds will be sold to
gality to be approved by Peck,
the highest bidder at not less than Shaffer & Williams of Cincinnati.
Clinton Township School District
par and accrued interest to date
(P. O. Tiffin), Ohio
New Carlisle-Bethel Local School
of delivery.
The Board of Trus-,
Bond Offering — C. C.
Mann; tees to
District (P. O. Springfield), Ohio
pay for printing of bonds;
Clerk of the Board of Education,
Bond
Sale—The $375,000 comwill receive sealed bids until noon purchaser to pay for opinion as to
legality and expense of shipping struction and improvement bonds
(EST) on Dec. 28 for the purchase
bonds.
Enclose a certified check offered Dec. 9—v. 168, p. 2276—
of $60,000 3% school addition and
for $100, payable to the Board of were awarded to Braun, Bosworth
construction bonds. Dated Jan. 15,
Trustees.
& Co., Inc., of Toledo, as 2y2S, at
1949.
Denomination $1,000.
Due
a price of 102.069, a basis of about
$3,000 Nov. 1, 1950 to 1969. Bidders Jackson Township Local Sch. Dist.
2.31%. Dated Dec. 1, 1948 and due
may bid for a different rate of in¬
'(P. O. Marathon), Ohio
on Dec. 1 from 1950 to 1973 incluterest in a multiple of % of 1%.
Bond Offering—Virgil Minnick,
sive.
Second high bid of 102.02
Principal and interest (M-N) pay¬ Clerk of the Board of Education,
for 2V2s was made by J. A. White
able at the Commercial National
will receive sealed bids until noon
& Co.. Cincinnati, and New Car¬
Bank, Tiffin. .All bids must state (EST) on Dec. 29 for the
purchase lisle National,Bank, of.New Car¬
the number of bonds bid for and of
$30,000
3%
school
building lisle, in joint account.
gross amount of bid and accrued
bonds. Dated Jan. 1, 1949. Denom¬
interest to date of delivery.
Norwich Local School District
The ination $1,000. Due $1-,000 May and
proceedings looking to the issu¬ Nov. 1, 1950 to 1964. Bidders may
(P. O. Hilliards), Ohio i
awarded
Sale
to 1959 inclusive. Second
trict.
Bond
con¬
Jan.
These
thorized
$19,000 street
improvement bonds offered Dec.
13—v. 168, p. 2276—were awarded
to the First Cleveland Corp., of
Cleveland, as l3As, at a price of
100.557, a basis of about 1.66%.
multiple of V4 of 1 %.
prescribed by the successful bid¬
Hartford
(P. O. North Bend), Ohio
Second
for
Stranahan, Harris & Co., Inc.
Cleves-North Bend Local Sch. Dist.
Bond
est to be in a
awarded
Co., of Cincinnati, as 2V4S, at a
First
Cleveland
Corp.
of price of 101.776, a basis of about
Cleveland, as 13/4S, at a price of 2.084%.
Dated Dec. 1, 1948 and
100.107, a basis of about 1.715%. due on Oct. 1 from 1950 to 1972
Due
terest construction and
certified
a
the
The bonds
on Dec. 28 for the purchase
$200,000 not to exceed 3% in¬
au¬
2275—were awarded to
p.
(EST)
of
election
general
Education.
struction and
$14,000
offered
multiple of
Enclose
Bond Sale
Bond
to 1970. Rate
a
are
the
at
Nov.
on
to
These
thorized
check
Char don,
p.m.
$1,000. Due $6,000 June and $7,000
Dec. 1, 1950 to 1963, and $7,000
1;
cinnati.
8
1949. Denomination
June and Dec.
Board
inch
until
Bond
Dated
bonds.
able at the Farmers
Village School'
District, Ohio
Education, will receive sealed bids
the
County Superintendent's
The bonds
office in St. Clairsville, until noon
at
$280,000 not to exceed 3% in¬
terest
'building
coupon
'bonds.! promptly. Bond attorney's opinion
Secopd
1950
bids
Dec. 28 for the purchase
high bid of 100.636 for 2V4S was
made by J. A. White & Co., Cin-t
from
Ely, Clerk
Education, will
of
Board
on
Dated
$22,000 con¬
struction and improvement bonds
offered Dec. 14—v. 168, p. 2378—
were
the
receive
The
—
(P.
(EST)
-1 of
Ohio
Bond
Twp. Local Sch. Dist.
O. Grove City), Ohio
Bond Offering—Sara
of
of the bonds herein
Canal Winchester Local Sch.
Jacobsburg), Ohio
Bond Offering—William C. McFadden, Clerk of the Board of
bonds. Dated Jan. 1, 1949.
on
Nov.
2.
Enclose
a
certified'
Denomination $1,000. Due $10,000
check for $1,000, payable to the
Sept. 1, 1950 to 1969. Rate of inter¬
Board of Education.
(These are the bonds originally
script of proceedings evidencing1
the legality thereof and the print¬ scheduled for sale on Dec. 1.)
ed
Mead Local School District (P. O.
coupon
gen¬
A tran¬
2.
to
a
J-J.
authorized
Bank
These
Nov.
on
for
Interest
authorized at the
bonds
eral
1961
different rate of
interest in multiple of % of 1%.
Sept. 1, 1950 to 1970. Rate of in¬
a multiple of % of
1%. Principal and interest pay¬
at
in
bid
may
terest to be in
able
on Jan. 5 for the purchase
$100,000 6% construction bonds.
Dated Jan.
Dec. 29 for the pur¬
$84,000 school addition
coupon bonds. Dated
Denomination $1,000.
noon
building
$1,500 Oct. 1,- 1950 to 1959. Bid¬
ders may bid for a different rate
of interest in a multiple of % of
1%.
Prim and int. (A-O) pay¬
generail election
for
one
house
thorized at the
1949.
15,
the
to
fire
Denomination
1949.
Denomination
$1,000, $10,000 in 1950 to 1963, and $11,000
Bond
Sale—The $550,000 con¬
$500.
Due $5,000 May in 1964 to 1973. Bidders may bid struction and improvement bonds
and Nov. 15, 1950 to 1957, $6,000 for a different rate of interest in offered
City Treasurer.
Dec. 14—v. 168, p. 2378—
May and Nov. 15, 1958, and $6,000 multiples of V4 of 1%. The pro¬ were awarded to J. A. White &,
Brecksville School District, Ohio
May and $6,500 Nov. 15, 1959. Rate ceedings looking to the issuance Co., of Cincinanti, and the Peo¬
Bond Offering Postponed—Sale
of interest to be in a multiple of of these bonds have been taken
ples
'of the $80,000 construction bonds,
Banking
Co.,
of
Oberlin,
lA of 1%.
Interest M-N. These under the supervision of Peck, jointly, as 2V4S, at a price of 101.originally planned for Dec. 15, has
Shaffer & Williams, of Cincinnati,
bonds were authorized at the gen¬
been postponed until either Jan.
945, a basis of about 2.06%. Dated
eral election on Nov. 2. Enclose a whose approving opinion will be Dec.
17 or 24. They will be dated Feb.
1, 1948 and due on Dec. 1
certified check for $1,045, payable furnished to the successful bidder
from) 1950 to 1971 inclusive. Sec¬
15, 1949 and will mature $13,000
without cost.
Enclose a bond or
to the Board of Education.
ond high bid of 101.80 for 2J/4S was
Dec. 15, from 1950 to 1953 inclu¬
certitied
cneck
for
1%
of the
made by the Northern Trust Co.,
sive, and $14,000 Dec. 15, 1954 and Falls Local School District (P. O. bonds bid
for, payable to the
1955.
Chicago, and McDonald & Co.,
Logan), Ohio
Board of Education. These are the
Bond
Offering — Noel North, bonds authorized at the general jointly.
Caldwell Exempted Village
Clerk of the Board of Education, election on Nov.
School District, Ohio
2.
Sandusky, Ohio
check
3%
struction
follows:
as
Rate
be in multiple of
of 1%. Inter¬
est A-O. These are the bonds au¬
noon
Dec. 29 for the purchase
on
of $104,500
may bid for a different rate of
interest in a multiple of lA of 1%.
Monday, December 20, 1948
exceed
1961
Exempted Village
School District, Ohio
Bond Offering — W. W. Shurts>
(P. O.
sessment bonds. Dated Oct. 1,1948.
CHRONICLE
3% interest building, site
*•Spencer Township (P. O*
acquisition and equipment coupon
/
Spencer), Ohio
successful
bidder "without
cost. bonds.
Bond Offering — F. H. Rice,
Dated Jan. 1, 1949.
De¬
Enclose a bond or certified, check nomination
$1,000.
Due
$4,000 Township
Clerk,
will
receive
for 1% of the bonds bid for, pay¬ April and Oct.
1, 1950 to 1960, and sealed bids until noon (EST) on
able to the Board of Education.
$4,000 April and $5,000 Oct. 1, Feb. 16 for the purchase of $15,-
*
Denomination $1,000. Due Sept. 1,
as follows:
$6,000 in 1950 to 1954,
and $7,000 in 1955 to 1959. Bidders
Enclose
the
are
&
Peck, Shaffer & Williams, of Cin¬
cinnati, will be furnished to the
Colerain
on
Dec. 30 for the purchase of $65,000 3% sanitary sewer, special as¬
Interest M-S.
ex¬
check
Nov. 2.
on
inger, City Auditor, will receive
sealed
These
authorized at the general
Flick-
C.
R.
certified
a
$600, payable to the Board of
Education.
Barberton, Ohio
Bond
COMMERCIAL
i
Volume 168
Number 4761
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
(2595)
1949.
Denomination
$1,000.
1950
Due
1972
to
inclusive.
'
Second
Each bidder shall submit with his
bid- a Sum in cash or its equiva¬
interest payable
at the County thereof have
been approved
by
Treasurer's office, or at the fiscal the
Board of Directors
and the
agency of the State in New York
Department of Internal
Affairs.
City, at the option of the pur¬ The
issuance and
$5,000 July 1, 1950, and Jan. and
high bid of 102.13 for 2%s was
July 1, 1951 to 1968, and
$4,000 made by Field, Richards:& Co.,) lent equal to 2% of the
amount
and $5,000
July 1, 1969, to Cleveland:
1
'
•,
*
bid.
Jan. 1, 1973. Bidders
may bid for
,a different
Withamsville, Tobasco Local
rate of interest in
Watonga School District, Okla. !
rriulSchool District (P. O.
Wples of y4 of 1 %. • Interest
Bond Offering -r- Glenn
;
.
63
.
Jan.
chaser.
,
the
The
bonds
highest
to
be sold
to
delivery of the
bonds
also
are
bidder
subject to
the fa¬
for. not less vorable
Landes,
Opinion of Morgan, Lewis
than the par value and
These are the bonds
Clerk of the Board of
Batavia)', Ohio
accrued &
authorized at
Education,
Bockius, of
Bond Offering — Mildred
.the general election
Wy- will receive bids until 8 p.m,i interest to date of delivery.. The opinion will Philadelphia, which
on
Nov. 2.
be furnished with¬
;Enclose a certified check for
newski;. Clerk of the Board of (CST) on Dec. 20 for the
opinion
of
purchase approving
Winfree^ out cost to the successful
$4,-;
bidder.
500, payable to the Board of Edu¬ Education, will receive sealed bids of $98,000 construction and
McCulloch, Shuler & Sayre, of These are
equip¬
the bonds authorized at
until noon
cation.
(EST) on'Dec; 28 for ment bonds. ■ Due $9,000 in 1951 Portland, will be furnished the the
J-J.
,
the purchase of
$30,000 3% build¬ to 1960, and $8,000 in 1961. These
Jan. 1, 1949. De-f bonds' were authorized at the
elec¬
nomination $1,000, Due $1,000
May tion held on Nov. 30.
The bonds
successful
'Warrensville Heights Local School ing bonds. Dated
District (P. O. Cleveland
22), O.
tified
1950
sive.
Second
for 3s
to
1969
was. made
Cincinnati.
v
Washington
\<
high bid Of 101.45
by Pohl & Co., of
\
Shaffer
*
•
nati,
for 1%
County
Stx
at
Clairsville,
the
»
to
10 for the purchase of
$35,000 not
to exceed 5% interest
to
the
bids
noon>
(EST) on Dec. 28 for the purchase:i sealed bids
of $40,000 not to
exceed
3 y2%
Dec; 29 for
until
noon
(EST)
on
1963 to
the
purchase of $50,equip¬ 000 not to exceed 3% interest
wafer system bonds.
1, 1949.
Dated Nov..
Denomination $1,000. Due
$2,000-; 1, 1948.. Due Nov. lr as follows:
Slept. 1, 1950 to 1969.' Rate of in¬ $3,000 in 1950
to 1965, and $2,000
terest to be in
multiples'of y4 of in 1966.
Principal and interest
1%. Principal and interest
(M-S)
(M-N) payable at the City Treas¬
interest
ment
construction
piayable
at.
the
First
National
urer's office.
Bank,
Powhatan
Point.
These
bonds were authorized at
the gen¬
eral election on Nov.
2. The bonds
the
bonds
chase.
payable from unlimited taxes.
A
transcript of proceedings evi¬
dencing the legality thereof and
the printed bonds will
be
fur¬
Bond
works
7—v.
to
pay¬
<
p.m.
(EST)
sealed
Dec.
on
purchase of
bids
$65,000
until
28
for
3%%
|
and
interest
(A-O)
school
homa
the Commercial
Co.,
Wooster.
Tulsa,
this issue have been taken
under
the supervision of
$40,000
Nov. 2.
on
certified check for $1,000, payable to the Board of Edu¬
2V2S.
64,000
',
L.
168,
Due
2y4s.
1963
36,000
2378—
p.
1951
to
from"-
1956
(EST) on Dec. 28
purchase of $13,006 4%
equipment purchase bonds,
ire
ated Dec.
1, 1948. Denomination
1,000.
Due Dec. 1, as follows:
1,000 in 1950 to 1956, and $2,000
1957 to 1959.
n
or
a
Bidders _may bid
different rate of interest in
multiple
re
the
leral
*ose
a
of
V4
bonds
of
1%.
These
authorized
election
certified
on
at
Nov.
check
2.
:
from
1964
Meeker
School District, Okla.
Sale—The $17,000 build¬
Bond
ing
and
Oct.
&
27
furniture
were
bonds
awarded
to
offered
Calvert
Canfield, of Oklahoma City,
as
l3/4s, and the $8,000 transportation
offered
at
awarded
the
to
time
Bank
of
2s.
as
.
building,
The $375,-
—
repair
and
ment
equip¬
bonds awarded on Nov. 15
group composed of the Com¬
merce
Trust Co., the
to
at
a
Carrolton
Exempted Village
School District, Ohio
Bond
Sale
The
$345,000 conequipment bonds
ffered on Dec. 10—v. 168, p. 2378
f
were awarded to VanLahr, Doll
Isphording, of Cincinnati, as
VzS, at a price of 102.23, a basis of
ruction
and
bout 2.29%.
d
due
—
Dated Dec. 16, 1948
$15,000
on
Oct.
1
a
est
previously
columns, were sold
price of 100.115, a net inter¬
cost of about
2.38%, as fol¬
lows:
$152,000 2s. Due from 1950 to 1957
inclusive.
19,000 2V4s. Due in 1958.
204,000 2V2s. Due from 1959 to
1968 inclusive.
Verden,
from
Okla.
Bond
Offering — L. W. Taylor,
Town Clerk, will receive
bids un¬
til
est
J
—
2
(CST) on Dec. 21 for
$8,000 not to ex¬
p.m.
the purchase of
ceed
6%
interest water works
system improvement bonds.
Due
$1,000 in 1952 to 1959. The bonds
will be sold to the
bidder
the lowest rate of
offering
interest
agreeing to
interest.
thorized
Dec.
7,
at
by
and
and accrued
bonds were au¬
pay par
These
the
a
election held
vote
the
of
58
school
bonds
C.
J.
to
on
14.
13—v.
TENNESSEE
lows:
Greenville, Tenn.
$11,136.1143%s.
Due on Jan.
from 1950 to 1952 incl.
24,000 l3/4s. Due
Jan.
on
1
Price Paid.—The
$212,000 school
purchased as 2%s and 3s
bonds
from
1
.
by the Equitable Securities
Corp.
1953 to 1956 incl.
18,000 2y4s. Due
of
Jan. 1
on
from
All of the bonds
are
Nashville,
dated Jan.
price of
Tripp & Co., Portland.
Portland,
price of
100.35,
basis
a
par.
Lawrenceburg,
3y2s,
as
which
all
bids
These
Oct.
on
received
18,
were
Bond
gan,
Offering—Leo
City
sealed
Auditor,
bids
purchase
ment
until
of
bonds.
originally
inclusive; and $3,000 in
tional
Jan.
of
at
a
about
A.
will
Dec.
These
offered
receive
20
$71,353.30
Flana¬
for
bonds
for
the
improve¬
were
sale
on
Dec. 8.
Oregon
Offering
Stanton,
District
ceive
sealed
(PST)
—
Marguerite
Clerk,
will
S.
re¬
on
bids
until
8
p.m.
Dec. 20 for the purchase
of $300,000 not to exceed 6% in¬
terest school bonds. Dated Dec.
1,
1948.
Warrant Sale—The
$8,500 war¬
offered
on
Dec.
1
were
awarded to the Bank of
of
Amity,
3s,
as
basis
a
at
of
price
a
about
Second
was
high bid of 100.12 for
made by Blyth' &
Co., Inc.
The warrants
1948.
Due
1953.
These
thorized
Oct.
13,
are
dated Nov.
$1,700 Dec.
at
warrants
1948.
Interest
2s
1,
were
held
au¬
New
County Treas¬
ment
Dated Jan. 1,1949 and due
Jan. 1, 1962.
County (P. O.
Lewisburg), Tenn. *
Bond Sale Details—The
$65,000
improvement bonds awarded Dec.
6 to J. C. Bradford &
ville,
as
Co., of Nash¬
previously noted in v. 168,
2488—
100.04,
2.07%,
were
sold at
a
price of
a net interest cost of about
as
$51,000
Trust Co., of Kane, has
purchased
$25,000 construction and equip¬
in
Bonds
Mercantile-Com-
Marshall
on
PENNSYLVANIA
the
of par.
on
p.
J-D.
to
merce Bank & Trust Co., of St.
Touis, and C, H. Little & Co., of
Jackson, jointly, as 2y»s, at a price
of
1, 1949 to
election
an
Dec. 14—v. 168, p.. 2379—were
awarded
2.89%.
interest
State
on
Amity,
Lafayette Township School District
(P. O. Lewis Run), Pa.
(J-D) payable at the fis¬
Sale — The $150,000 re¬
funding bonds offered at auction
1953."
Legality ap¬
Winfree, McCulloch,
Sayre, of Portland.
rants
O,
Bond
1,
Due $25,000 Dec. 1, 1952 to
1963. The bonds must not be sold
for less than par.
Principal and
agency of the
York City or at the
County (P.
Jackson), Tenn.
1959. Op¬
Yamhill County Union
High School,
District No. 5 (P.O.
Amity), Ore.
100.30,
Josephine County, County School
District (P. O. Grants Pass),
Madison
by
Shuler &
Tenn.
Sold—The Equitable Se¬
Corp., of Nashville, has
purchased
an
issue
of
$67,000
3*/4% funding bonds, at a
price of
1100.79. Dated Sept.
1, 1948. Legal¬
ity approved by Charles & Trauer^icht, of St. Louis.
curities
Dated Nov. 1, 1948.
De¬
nomination $1,000.
Due Jan. 1, as
$2,000 from 1953 to 1958
proved
Fidelity
Bonds
Wasco, Ore.
National
of
the
Co., of Knoxville, in joint
account, as previously noted in
v.
168, p. 1951—were sold at a
1, 1949. Second high bid of 100.62
for 2y2s was made
by Charles N.
•
and
Trust
1957 to 1959 incl.
Bonds Sold—An issue of
$15,000
bonds'was sold on Dec. 13
to
the
United
States
Miller,
bonds.
offered
cal
City School District, Okla.
Bond Sale Details
000
same
the
Meeker, of Meeker,
Ponca
$225,000
Bond
the
$500,
yable to the City Treasurer.
Offering
Grants Pass, Ore.
~
to
"
Due
in¬
clusive, and $1,000 from 1955 to
1959 inclusive.
Principal and in¬
terest (J-J) payable at
the Farm¬
ers State
Bank, of Estelline. A cer¬
tified check for
$300, is required.
<?f168, p. 2379—
awarded to Blyth & Co., of
Portland, at a price of par, as fol¬
cer¬
returned unopened.
inclusive.
En-
for
a
of
3.405%.
"
inclusive.
noted in these
noon
ap¬
$15,000 2%%
general obli¬
gation bonds. Dated
July 1, 1948.
Denom. $1,000. Due Jan.
1, as fol¬
lows: $2,000 from 1950 to
1954
was
the
The
Offering—A. J. Lundberg,
City Auditor, will receive sealed
bids until 8 p.m.
(CST) on Dec. 20
Salem, Ore.
Dec.
the
District
for the purchase of
street improvement
Bond Sale—The
$59,136.11 issue
1949-A improvement bonds
fered
of
the
Estelline, S. Dak.
Bond
follows:
to
bids until
the
of
District Clerk, will receive sealed
bids until Dec. 29 for the purchase
for
City Na¬
tional Bank & Trust
Co., both of
Kansas City and the First Secur¬
ities Co. of
Kansas, as
;r
,
Bank
$140,000
Wellston, Ohio
Offering—W. A. Lausch,.
City Auditor, will receive sealed
Bond
close a certified check for
2%
the par value of the bonds. ■
All bids
unconditional.
Bond
Davis of
from
Due
2V2S.
1968
a
'
cation.
be
exceed
amount
to
SOUTH DAKOTA
Denom¬
City
by
principal
•
$500 Jan. 1,
from 1950 to 1969, incl.
Principal
and interest (J-J)
payable at the
County
Treasurer's
office.
En¬
Clatskanie), Ore.
are
1955 inclusive.
were
at the general election
Evan
jointly—v.
bonds
Enclose
the
to
on
treasurer's Check for 2%
the
p.m.
water
Okla.
sold at a' price of
par, a net
cost of about
2.38%, as
follows:
•
pished to the purchaser at the
pense of the District. Issued under
the authority of the Uniform Bond
Act. These bonds were authorized
District,
interest
Squire, Sanders
$ Dempsey, of Cleveland, whose
approving opinion will be furex¬
School
were
.
at
Banking & Trust
Proceedings
for
of
revenues
7:30
interest
Columbia County Union High
School District No. 5 (P.O.
2379—were awarded
National
Bank
&
Citv and
'
Principal
payable
of
successful bidder. Enclose
tified check for $2,500.
Okla.
Bond Sale Details—The
different rate of interest in
multiple of V\ of 1%.
a
Princi¬
proving legal opinion- of Winfree,
McCullough, Shuler & Sayre, of
Portland, will be furnished ,the
Co,, of Okla¬
Oct.
a
p.
out
must
building and improvement; bonds
awarded Nov. 22 to the First Na¬
tional Bank & Trust
addition coupon bonds. Dated Jan.
for
Cushing
,
the
in 1958 to 1960, $4,000 in
1961,
$3,000 in 1962 to 1964, $4,000 in
1965, $3,000 in 1966 to 1968, and
$4,000 in 1969.
Bidders may bid
pur¬
.
First
thereafter.
not
of
8
1, (949. Denomination $1,000. Due
1, as follows: $3,000 in 1950
to 1952, $4,000 in
1953, $3,000 in
1954 to 1956, $4,000 in
1957, $3,000
168,
sub¬
are
redemption on
on any interest
Department and
levy of ad valorem taxes.
Sale—The $150,000 water
system bonds offered Dec.
the
date
maturing
1, 1954,
Water
Trust Co., of Oklahoma
City on a
bid reflecting a net interest
cost of
about 2.43%.
Wayne Local School District (P. O.
R. F. D. No. 2,
Wooster), Ohio
"Bond Offering — Mable
Shelly,
Cerk of the Board of
Education,
receive
the
All bonds
after Jan.
or
able
printing of
by
Jan.i
on
District, Ore.
5%
pal and interest (J-J) payable at
the City Treasurer's office.
Pay¬
certified check
"
a
1969.
payment
OKLAHOMA
th$ successful bidder. Enclose a
^certified check for 1% of the
offered,
borne
(PST)
p.m.
ject to call and
Jan. 1, 1954, and
of at¬
expense
and
Antlers,
promptly. Bond attorney's
opinion at option and expense of
able to the District.
be
Enclose
for $500.
nished
amount of the bonds
The
torney's opinion
are
will
on
and
Dated Jan.
coupon.
8
ligation bonds. Dated Jan. 1, 1949.
Due Jan. 1, as follows:
$1,000 in
1952 to 1955, $1,500 in
1956, $2,000
in
1957
to
1962, and $2,500 in
Zanesville, Ohio
Bond Offering —
Henry F.
Stemm, City Auditor,, will receive
office,
until
until
general ob¬
>...
Superintendent's
St.
able
Education,;
bids
a bond or certified
check
of the bonds bid
for, pay¬
the Board of
Education.
be
bidder
Cincin¬
or
payable
Treasurer.
general obligation bonds.
ination
$500.
Due
OREGON
Cave
without, cost.
of
furnished
of
held
certified, cash¬
ier's
(PST) on
for the purchase of
$10,-
20
000
Junction, Ore.
Bond Offering — Isabel
Small,
City Recorder, will receive sealed
will
Enclose
Alledonia), Ohio
Offering—Floyd Phillips,
Clerk of the Board of
will receive sealed
Williams,
successful
Local School District
(P. O.
Bond
.
&
par
bonds, payable to the
Water
until
Dec.
are
payable from unlimited taxes.
The approving
opinion of Peck,
cer¬
Bond
Offering—The Board of
Commissioners will receive sealed
bids
his bid.
inclu¬
general
election
Nov. 2. Enclose a
a
the
of
bonds,
Net arts
—
from
Enclose
5%
District.
.
15
for
value of the
Bond Sale—The $135,000 build-; and Nov. 1, 1950 to 1964. Bid¬ will be sold
to the bidder
offering
ing bonds offered on Dec.
14—v.j ders may bid for a different rate the lowest rate of interest
and
168, p. 2378
were awarded to
of interest in a
multiple of y4 of agreeing to pay par and accrued
Field, Richards & Co., ofCleve-; 1%., Interest M-N? .These bonds interest.
Each bidder shall sub¬
land, as 2%s, at a price of
100.83, were authorized at the general mit With his bid a sum in
cash or
'a basis of
about 2.66%. The bonds election on Nov.
2. No conditional its equivalent
equal to 2% of the
are dated Dec.
15, 1948 and due on bids will be received. The bonds amount of
Dec.
bidder.
check
follows:
2s.
1949 to
Due
Nov. 1
inclusive.
on
front
on
Nov. 1 in 1962
1961
14,000 2y4s. Due
and 1963.
Sold—The Kane Bank &
The
bonds
1948.
are
dated
Nov.
1,
.<
bonds, representing the bal¬
Nashville, Tenn.
urer's office.
The approving opin¬ ance of an issue of $75,000 author¬
Bond Offering—W. M.
Winfree, McCulloch, Shuler ized by the voters in March 1947.
Carr, Jr.*
& Sayre, of Portland, will be fur¬
City Clerk, will recevie sealed
Lower Merion
Township Sch. Dist. bids until 7:30 p.m.
nished. Enclose a certified check
(CST) on Jan,
(P. O. Ardmore), Pa.
4 for the purchase of
for $3,000.
$2,000,000
Bond Offering—Frances J. Mc- not to
exceed 5% interest water
Lane County School District No. 69
Cabe, Secretary of the Board of works of 1948, series A1
bonds.
(P. O. Junction City), Ore.
School
Directors,
will
receive Dated Dec. 1, 1948. Denomination
Bond Sale—The $250,000 school sealed bids until 8
p.m. (EST) on $1,000.
Due
Dec. 1, as follows*
bonds offered Dec. 10—v.
168, p. Jan. 7 for the purchase of $2,950,- $40,000 in 1951 to 1955, $45,000 in
2379—were awarded to the Pacific 000 building coupon bonds. Dated 1956 to
I960, $50,000 in 1961 to 1970;
Northwest
Co., of Seattle, and Feb. 1, 1949. Denomination $1,- $55,000 in 1971 to
1975, $60,000 in
Fordyce & Co., of Portland, joint¬ 000. Due $118,000 Feb. 1, 1950 to 1976 to 1984, and
$65,000 in 1985 to
ly, as 3s, at a price of 100.54, a' 1974. Registerable as to
1988. Principal and interest
principal
(J-D)ion of
basis of about 2.86%.
1,
1949
1950 to
and
due
1964 incl.
on
Dated
Jan.
1
The bonds
Jan.
from
ma¬
only.
est
at
a
successful
turing after Jan. 1, 1954 are call¬
able, at par in inverse numerical
order, on said date or on any sub¬
on
sequent interest payment date.
above
Multnomah County, Wilkes School
District No. 7 (P. O. Portland
The bonds shall bear inter¬
rate
bidder and
by the Board
are
the
designated
award
by
the
determined
of
School
of
the
Directors
bonds.
Bids
requested for the whole of the
terest
issue
of
bonds
bearing in¬
payable
urer's
at
office
Bank & Trust
at
the
interest
the
or
option of
rates
multiple of V4
City
at
the
Treas¬
Chemical,
Co., New York City,
the
bid
or
bonds wil be full
holder.
must
be
All
in
a
i/10 of 1%. The
general obliga¬
payable semi-annually at tions of the City
payable from ad
rate of V2%, %%, %%, %%, valorem taxes to be
levied with¬
1%, 1%%, iy4%,
1%%/ iy2%, out limit as to rate or amount.
1%%, 1%%, i%%, 2%, 2y8%, The approving opinion of
the
16), Ore.
Chap¬
Offering—R. O. Sproul,
2y4%, 2%%, or 2Vz% per annum. man & Cutler, of
Chicago, will be
District Clerk, will receive sealed
The bonds are offered for sale un¬ furnished to
the purchaser with¬
bids until 8 pm. (PST) on Dec; 7
der and subject to the
provisions out charge. These bonds are part
for the purchase of
$55,000 school of the Municipal
Borrowing Law of the $4,000,000 issue authorized
bonds.
Dated Jan. 1, 1949.
De¬ of the Commonwealth
and are to at the general election on Nov. 2.
nomination $1,000. Due Jan.
1, as be sold and delivered to the
a
certified or cashier's
pur¬ Enclose
follows:
$4,000 in 1950 to 1961,, chaser
only if and after proceed¬ check check for $40,000, payable
and $7,000 in 1962.
Principal and ings
authorizing
the
issuance to the City Treasurer.
Bond
64
(2596)
THE
COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, December 20, 1948
of
Port
c.
Pulaski, Tenn.
$11,000 in 1975 and 1976, and $12,- Securities Corp. of Texas, of San
Offering—W. M. Rainey, .000 in 1977 and 1978, optional
Antonio, is making public offer¬
Town Recorder, will receive seal¬ Nov. 1, 1963, :or on any interest
ing .of $220,000 series of: 1948
ed bids until 11 a.m.
(CST),, on payment date thereafter. Legality
Jan. 5 for the purchase of $300,000 approved
*
by Dumas,; Huguenin & bonds,, divided as follows:*
not to exceed
.3,%% interest elec¬ Soothman, of Dallas,' and Vinson, $120,000 2%% county hospital and
tric system revenue bonds. Dated Slkins,; Weems
&
Francis,
of
- and municipal airport bonds.
.Dec. 1, 1948. Denomination $1,000. Houston.
Due Dec. 1, as follows: $7,000
; Due June
from 1949 to 1956 inclusive;
\ as follows: $10,000 in Lower Colorado River
Authority
1950, $11,000 in 1951 to 1953, $12,$8,000 in 1957 and 1958; $9,000
(P. O. Austin), Texas
000 in 1954 to 1956, $13,000 in 1957
in 1959 and 1960, and $10,000
Bond Sale.—An issue, of $3,050,land 1958, $14,000 in 1959 and 1960,
from 1961 to 1963 inclusive.
:
•
60,000 3%% county hospital and
and municipal airport bonds.
.;
Bond
•
Due
The
1948.
bonds
•
*$15,000 in 1961 to! 1963, $16,000 in
1964 and 1965; $17,000 in 1966 and
1967, $18,000 in 1968, and $19,000
,in 1969 and 1970. All of the bonds
which mature
June 1,
on
1955, and
'thereafter shall be callable for re¬
demption
Town
at
in
the
option
of
the
inverse numerical order
Dec.
m
tional
Bank, Dallas.
voted direct
are
entire
from
County,
ad
follows:
1, 1954, and thereafter on
interest payment date prior to
maturity; at par plus accrued in¬
1949
to
terest
the
date
demption plus
fixed
for
premium of $25
called June 1,
.1954 to Dec. 1, 1959, $15 if called
June lr< 1960 to Dec. 1, 1964, and
,$5 if called June 1, 1965 or there¬
for
it
each
if
Bank & Trust Co., New York
.City,
at the option of the hold¬
at the
Union Bank,
or
thereof
ers
Pulaski.
Bidders
requested to
are
a rate or rates of interest in
multiple of % of 1%. The Town
will supply the approving opinion
of Chapman &
Cutler, of Chicago,
name
a
bids
all
and
tioned.
Enclose
for
of
2%
be
must
certified check
a
the bonds, "payable
the Town Treasurer.
to
;
TEXAS
.
Andrews
condi¬
so
'
Indep. Sch. Dist., Texas
Bond
Offering
President
of
J.
—
the
P.
School
*
1948. Denomination $1,-
15,
©00.
Due Dec. 15, as follows: $18,©00 in 1949 to 1953, $19,000 in 1954
to 1958, and $90,000 in 1959. Prin¬
cipal and interest (J-D) payable
at the place to be designated by
the pruchasers. Any rate or rates
named
?F
%
11
must
of 1%,
mitted
in
be
multiple of
a
All bids must be sub¬
uniform
a
on
bid
blank.
a
The
:r
printed bonds, a copy of the pro¬
ceedings, the approving opinion of
any
recognized market attorney
selected by the purchasers, and
District
will
furnish
the
will deliver the bonds to the bank
designated
the
purchasers
without cost to them.
These bonds
are.
by
being ^offered
subject
election, to be held
to
Dec.
on
May
on
1968
1
to
Nov.
and
John
to
ollowing
are
&
A.
check
for.
$5,500, payable to
the
}
Avinger Independ. Sch. Dist., Tex.
i
Bonds
Not
Sold—The
issue
of
$20,000 pot to exceed 4% interest
)
school house bonds offered Dec. 1
■i
was
not sold.
■-
Jasper,
Bonds
Texas
bonds
and
1948
dated
are
callable
are
authorized at
vere
Sold—An issue of $210,sewer system
purchased re-,
Phillips In¬
on
Year
*
Total
1947
J....
Sale—The
park
offered
15,
Bond
May 15,
Lynch,
bonds
issue
of
on
Dec. 7
Eddleman-Pollok Co., of Houston.
Orange County (P.O.
Orange), Texas
Sale—The
Bond
to
127
156
23
134
Dec. 1 from
3s.
Due
on
Dec.
of
less
than
par
bank draft for
or
certified
Estabrook
Augustine Indep. Sch. Dist.,
was
cently by the J.
vestment
R.
Co., of Houston, and the
Central Investment
of
Dallas, jointly,
Co. of Texas,
3V2S and 33/4S.
1, 1948.
Dated Nov.
as
Due Nov. 1,
A
■:-h
*
r
•
15, 1948.
and
(P. O. Seattle),
Brown
—'A. A. TrempCounty Treasurer, will receive
sealed bids until 10:30
(PST)
on
Dec. 28 for the purchase of
$300,000 not to exceed 6% interest
Augustine has pur¬
of $16,000 3*4%
bonds.
Dated July
Due July 15, as follows:
1956 inclusive,
1957 to 1968 in¬
clusive.
in 1963 to
1966, $8,000 in 1967 to 1970, $9,000
in
1962,
1971
to
$7,000
1973, $10,000 in 1947,
DIVIDEND NOTICE
Weems
&
Francis,
obligation
general
a.m.
bonds.
Dated
>"
j
"
•
Bonds Sold—An issue of
a
(500)
a
share
on
the
December 31, 1948 to
*
ers
of
Capital
Company, payable
record
at
stockhold¬
the
close
of
business December 22, 1948.
I
L. G. CLARK, Treasurer
December
15, 1948
£
Dallas,
15,
as
1948.
McCall,
Dallas.
The
bonds
approved
&
are
Crowe,
College
8
group
Publicly
City
until
000
7:30
for the
18
to
not
of
6%
two
'
—
receive
sealed
interest
on
exceed
interest
3%
voting machine, first series bonds.;
Dated Jan. 15, 1949. Denomina¬
tion $1,000. Due $5,000 March 15,
to
1950
tain
1958.
entire
rate
Each bid shall
con¬
only one interest rate for the
issue,
but
interest
such
include any fraction of
Bidders must a!gree to fur¬
may
1%.
1964.
The
District
opinion
torney's
the
of
issue
at
in in¬
verse numerical order on any in¬
terest payment date on and after
five
years
from date of issue.
Principal and interest (J-J) pay¬
able
at
without
cost
to
City. Delivery will be made
at the City Treasurer's office.
CANADA
reserves
Canada
(Dominion of)
Bills
Treasury
par
of
of
Sold—An
issue
$75,000,000 Treasury bills
sold
on
Dec. 9 at
0.412%.
an
Dated
and due on March
was
yield
average
Dec.
10,
1948
11, 1949.
the
ONTARIO
Perth, Ont.
Debentures
Sold—The
issue
of
$100,000 3% public school deben¬
tures
offered
awarded
to
Dec.
on
the
10
Midland
were
Securi¬
ties, Ltd., of Toronto, at a price
of 102.56, a basis of about 2.705%f:
The Dominion Securities
Toronto,
fered
a
second
Corp., of
high bidder, of¬
price of 102.44.
bids
to
QUEBEC
Bond Offering—A. A.
County
Treasurer,
sealed
bids
on
until
Tremper,
will receive
10:30
a.m.
Jan. 7 for the purchase
20
years
frpm
bonds at par
date.
Bonds Sold—An issue of
water
works
awarded
and
$62,000
bonds
sewer
until
was
general
Dated
Feb.
vard, Hodgson & Co., of Montreal,
at a price of 98.72, a net interest
1,
obligation
1949.
bonds.
Due in two
tp 15 years from date, optional at
par
in
inverse
numerical
order
The
I Legality approved'. by Preston,
right to re¬
all of the outstanding Thorgrimson & Horowitz, of Se¬
in inverse numerical attle.
-.r.:
Loretteville, Que.
*
of $125,000 not to exceed 4% in¬
general
town has reserved the
1
Seattle), Wash.
'•*;
obligation on any interest payment date on
Dated Jan. 1, 1949. Due in
and after five years from date.
deem any or
A
headed by the Columbian
(CST)
p.m.
"purchase of $45,-
terest
Wash.
(PST) on Jan. 10 for the
purchase of $40,000 not to exceed
part of an
Offered
Place*
p.m:
bonds.
Bonds
Wauwatosa, Wis.
Offering — P. H. Rienerr
Clerk, will receive sealed
.
&
Bond Offering—The Town Clerk
will
by
authorized issue of $125,000.
Stephens County (P. O.
Breckenridge), Texas
rejected.
was
the
bonds
,
3%s and 4s. Dated Oct.
Legality
Parkhurst
the
as
of¬
2380>
sole bid
p.
and
WASHINGTON
chased by Moss, Moore & Co., of
Stock of the
168,
Bond
the right to redeem any or all of
the unmatured
and
outstanding
&
construction bonds has been pur¬
clared
16—v.
sold
not
$2,750,000
bonds
revenue
-
Dec.
on
and
'(PST)
$25,000
The Board of Directors has dedividend of fifty cents
WISCONSIN
Milwaukee, Wis.
nish printed blank bonds and at¬
1952, $20,000 in 1953 to
1955, $21,000 in 1956 and 1957,
$22,000 in 1958 to 1960, $23,000 in
1961 and 1962, and $24,000 in 1963
high bid of 99.45 for IV2S was
made by a syndicate headed by
Drexel & Co., Philadelphia.
T exas
'
1, 1949. Denomina¬
tion $1,000.
Due in 20 years, op¬
tional on and after 5 years from
date. '
1951
•
ond
Sanger Rural High School District,
i**11
March
Dated
„
of
Houston.
TECHNICOLOR, INC.
Cole,
receive
for the
Jan. 1, 1949. Denomination $1,000.
Due Jan. 1, as follows: $19,000 in
or-cashier's
$300.
Wash.
Bond Offering
ac¬
S.
will
purchase of $600,000 school bonds.
bids
School District No. 401
er,
C.
—
Treasurer,
son
issue
and
to
Offering
bids until Jan.; 12
sealed
Rollins & Sons, Inc., Lee
$500 from 1949 to
1958
Bond
Jan.
Jan. 1 from 1950 to 1969 incl. Sec¬
an
house
Treasurer's
in New York
County Sch. Dist. No. 17
(P. O. Yakima), Wash.
J
on
$1,000 from
Optional
on
July
15,
1963 or on any subsequent interest
payment date.
Interest J-J. Le-r
gality approved by Vinson; El-
of San
follows: $4,000 in 1950 to 1952,
$5,000 in 1953 to 1957, $6,000 in
as
y
Bank
school
County
at the fiscal agency of
City. Le¬
gality approved by Preston, ThoN
grimson & Horowitz of Seattle./
or
—were
County Treasurer's
Higgin- office, or at the fiscal agency of
Corp., Paine, Webber, Jackson the State, in New York City, at
& Curtis, George B. Gibbons & the
option of the holder.
The
Co., Inc., all of New York; F. W. .bonds will be sold with the opin¬
Craigie & Co., Richmond;. Scott. ion of Preston, Thorgrimson &
Horner & Mason, of Lynchburg- Horowitz of
Seattle, approving the
Hannahs, Ballin & Lee, of New legality 'of the same; Enclose a
York, and C. F. Cassell & Co., of certified check or cash for 5%
Charlottesville," as IV4S, at a price of the amount bid.
of 97.029, a net interest cost of
King County, South Central School
about
1.532%.
The
bonds
are
District No. 406 (P. O.
dated Jan. 1, 1949 and mature on
Texas
Bonds Sold—The First National
chased
the
at
on
kins.
bonds
revenue
Jan.
follows:
as
State
fered
King County, Highline Public
Co., New York,
Sons, Baltimore,
Equitable Securities Corp., Nash¬
ville, L. F. Rothschild & Co., E. H.
Alex.
-1965 to 1968 inclusive.
a.m.
pur¬
1, 1949.
Due
$180,000 in
1951, $185,000 in 1952, $190,000 in
1953 and 1954, $195,000 in 1955
and 1956, $200,000 in 1957, $205,000 in 1958, and $210,000 in 1959.
Principal and interest (J-J) pay¬
1,
Bonds Not Sold—The
Seattle.
will be considered.
a
of
from
1
11
the
for
$1,750,000 not to exceed
general
obligation
Dated
auditorium
p.m.
.
1964 inclusive.
1949 to
re¬
2
VIRGINIA
net interest cost
as follows:
on
F.
Richmond, Va.
Bond Sale—The $5,000,000 pub¬
lic improvement
bonds offered
Dec. 15 —v. 168, p. 2380 —were
awarded to a syndicate composed
a
11
interest
6%
date.
22
Dec.
check
Knickerbocker, and Rotan, Mosle
& Moreland, all of Houston, at a
$920,000 234s. Due
will
until
Enclose
award-
a
price of 100.125,
of about 2.84%,
Edward
—
bids
crued interest
$1,200,000 road
were
on
bid
No
group composed of the
Eddleman-Pollok Co., McClung &
San
96
any
interest payment
and after 10 years from
Legality approved by Pres¬
ton, Thorgrimson & Horowitz, ol
Vt.
for the pur¬
chase of $296,000 general improve¬
ment, third issue coupon bonds.
Dated July 1, 1948.
Denomination
$1,000.
Due Jan. 1, as follows:
$2,000 in 1950 to 1954, and $1,000
in 1955 to
1959. ' Principal and
interest
(J-J)
payable - at
the
Farmers State Bank, of Estelline.
bonds
until
bids
Jan.
on
bonds.
96
17
27
order
Treasurer,
sealed
(EST)
awarded to
was
Offering
City
ceive
$150,-
playground
and
on
21
326
.
date
Orange, Texas
Bond
'
VERMONT
Oct. 9.
000
sealed
(PST)
$102 "
313
i-_
Burlington,
Nov.
O.
Port
Local
?
$25
1,793
1,908
2,020
1940
State
$1,721
.
480
________________
_
Federal
$1,848
1,910
________
15 from
election
an
of Seattle (P.
Seattle), Wash.
submitted
The
M-N.
Interest
1964.
*
000 water works and
•
1969 to 1978 inclusive.
280,000
7*
of the
1968 inclusive.
May
after
Offering—The Secretary
Commission will re¬
the
County
38,000 3 % s. Due on May 15 from
4s. Due on
of
able
sharp rise in State indebtedness.
Cities accounted for $8,859,000,000, or 59% of all local govern¬
ment debt in 1948, Census figures show. Their
outstanding obliga¬
tions were up 9.4% from the 1947 level, after
having previously
dropped off from a total approaching $10 billion in prewar 1940 to
slightly over $8 billion in 1947.
Per capita amounts of outstanding public debt have been as fol¬
lows during recent years, according to the Census Bureau:
cause
"1932
1956 to
in¬
Legality ap¬
proved by Preston, Thorgrimson
& Horowitz, of Seattle.
main
Underwood
in-»
any
five years from date.
the
58% in the past two years
on
terest payment date on and
office,
1.5*
in
par
Yakima
,1946
*
:
•v
$270.9
State government debt has increased
$12,000 31/4S. Due on May 15 from
1950 to 1955 inclusive.
3d
District.
8.2
$275.1
1948
It
cashier's
25.0
at
numerical order
verse
cancelling out reductions of the six preceding years and reaching a
level above that of 1940, its previous high.
Large-scale borrowing
by a number of States to finance veterans' benefits has been the
of
bonds offered Dec. 14
or
3.7
15.0
♦Decrease.
$100,000
hospital
Donds, divided as follows:
The
$252.3
13.8
_
Total
Co., of Dallas, have purchased
50,000
Change
2.3*
3.0
Local Governments
County (P. O.
Madisonviile), Texas
Sold—R.
%
1948
$258.3
States
Madison
Enclose
certified
Federal Government
Co., Kansas City, Dempsey &
Ho., Chicago,
Charles A. King &
Co., New York, McDougal & ConIon, of Chicago, E. M. Newton &
Jo.. Boston, and Newhard, Cook
k Co., St. Louis.
issue
outstanding bonds
Jan.
(in billions)
Co., San Francisco, Barcus,
&
Co.,
Chicago,
Ira
& Co., New York, Raus-
Bonds
indicated by the following
as
1947
&
an
up,
,
:her, Pierce & Co., Dallas, Russ
k Co., San Antonio, Stern Bros.
k
debt
.
Kindred
iaupt
local
In addi-
—
reservation of the right to redeepa
Bond
Outstanding, June 30
underwriting
group:
First
of
Vfichigan Corp., New York, Weedn
State and
Due in
from date, with a
two to 15 years
Port
summary:
Nuveen & Co., the
also members of the
is anticipated that delivery can be
effected in approximately 60 days.
a
from
1
and
until
Dated Jan. 1, 1949.
bonds.
chase of
1948
bids
(PST) on Dec. 20 for the
purchase of $150,000 not to exceed
4%
interest
general
obligation
ceive
in
Commissioners
sealed
p.m.
STATES
on
of
receive
Public debt of the Federal Government makes up 93% of the total.
As compared with a year earlier, Federal indebtedness was down
with
May 1, 1975.
on
Syndicate Members
ion
hurst & Crowe of Dallas.
2
States—State-Local Debt Increasing
inclusive.
1970
property
Board
the
June 30, 1948, according to a report soon to be issued
by the Bureau of the Census. This is equal to $1,848 per person.
Due semi-annually
717,000 2V2s. Due
an
18.
$40,000,
936,000,000
ly thereafter to $65,000.
Roach,
Board,
Interest school house bonds. Dated
Dec.
of
amount
341,000 2%s.
will receive sealed bids until 2:30
p.m. (CST) on Jan. 4 for the pur¬
chase of $275,000 not to exceed 4%
the
in
levied
taxes
the
Debt of all governments in the United States amounted to $270,-
The
is
maturity
payments increasing gradual¬
a
bond
after. Principal and interest (J-D)
.payable
at
the
Central
Han¬
over
the
re¬
inclusive.
1967
to
initial
United
•
lo¬
County within
the limits prescribed by law. Le¬
gality approved by McCall, Park¬
UNITED
4,992,000 2y2s. Due semi-annual¬
ly on May 1 and Nov. 1 from
any
•■i
15 to: a syndicate headed
Said bonds
taxable
within
cated
40,000 31/2% county hospital and
municipal airport bonds. Due
$20,000 on Dec. 1, 1964 and
1965/
John Nuveen & Co., of Chiago, at a price of 100.0478, a net
nterest cost of about 2.534%, as
1,
O.
Wash.
Offering —The Secretary
Bond
of
will
Dec.
obligations of the
and are payable
valorem
all
against
awarded
was
,
jy
June
on
bonds
revenue
dated
are
Interest J-D. Principal and
«
)00
1 from
Dec.
on
interest payable at the Dallas Na¬
^
.
$20,000
1966 to 1968 inclusive.
Betlingham (P
Bellingham),
cost of about
$11,500
Nov.
on
3.565%,
22
as
1949
to
195.3
Sa-
follows;
3s. Due ont Sept,
15,000 3V4S. Due
to
1
-
from
inclusive..
on
Sept, 1 from
1954 to 1958 inclusive.
35,500 31/2S, Due on Sept, i from
1959 to 1968 inclusive.
AH of the bonds
1, 1948.
\
are
:
dated Sent.
@FedFRASER