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MONDAY
BFC 18
Reg. U, S. Pat. Office
Volume 168
New
Number 4763
General
RAILROAD
Air Commuting, Inc.,
The
for
company
1,767
be
shares
offered
of
for
Burnham
&
poses.—V.
167,
10
New
shares
York.
sold
for
notification
of
and
1,000
option
an
three
will
for
shares
be
with the
The
at
to
January
The
corporate
the
on
plan
City,
of
reorganization
Kan.
has
the
by
extended
been
pur¬
reported
30
days
consented
to
extension
an
his
time.
of
decision
by
Judge
December
A.
Mellott
J.
24,
over
year
rejecting
or
ago.
"
of
$1,471,216,
168, p.
16
letter of notification
a
filed
was
with
the SEC for
compared
the fund reports a net invest¬
with
$1,363,435
15,000
shares
($3 par) common stock being sold for the benefit of Manhattan
Building Co. at $6.50 per share.
Underwriter, William C. Roney & Co.
—V. ICS, p. 2533.
Alabama Power Co.—Earnings—
Oross
1948—Month—1947
revenue
Operating
$3,905,048
Provision
for deprec. —_•
of plant acquisi¬
adjustments
'
Amort,
tion
General
taxes
Gross
income
on
Sept. 30—
1948
Total
operating revenues—.-™
Expenses of operation,——_
Maintenance
Taxes
and
(no
income
Prov.
and
Amortlz.
of
debt
and
prem.
Divs.
income
585,193
515,262
j 3,687,313
(3,752,256
3,972,317
3,299,870
$675,964
$9,652,775
$9,654,430
269,837
3,233,136
2,954,839
5,095
5,004
Cr2,659
**•
disct.,
1,702,420
1,340,755
1,563,332
965,599
$570,524
—
105,000
105,000
$298,781
20.660
$6,618,879
$5,358,879
$6,276,201
1,260,000
$5,016,201
V
Balance
$403,781
$465,524
——
60,052
32,118
2,330,340
1,456,542
....
—
.
$1,628,286
credits..
loss
1,260,000
————
$1,628,286
The
SEC
Dec.
15
been
the
the
plan
Other
approval of the
He
said
$1,835,751
735,490
$782,609
300,000
$1,100,261
of
Blair
&
Co.,
of
announced
Subs.
committee
Lloyd
and
Gas
Inc.—SEC
the
quarterly
was
impelled to take this action
which,
the
cash
that
$50,000,000
E.
Dewey,
Curtin,
Chemical
pointed
trustee
Bank
for
Trust
&
Co.,
$12,000,000
York,
New
N.
Professor
has
been
had
determined
dividend
occurred
Commission
longer feasible. The Commission
Corporation
ox
Other
141.583. C65
4,533,648
60,602 268
974,004
887,111
11,545 580
1,183,121
1,092,019
.13,680 ,344
9,435,053
12,633,926
1,087,463
1,055,583
12,475 ,665
li,967,039
1,064,221
969,673
11,916 .050
10,308,879
2,627,189
2,548,101
31,363,758
27,586,729
——
tax—
———■
Other income
to
defer
ordinarily
subsequent
to
con¬
paid
by the
its
on
Dec.
of
&
Divids.
24,293
196,554
82,647
82,819
1,475,672
468,983
2,749,904
2,655,212
752,631
642,334
236,161
33,035,983
9,350,914
3,122,943
28,138,359
7,131,825
264,286
E.
on
1,732,987
1,776,718
20,562,126
18,172,600
752,000
2,399,856
14,162,482
Undist.
14,198,052
980,987
§623,138
6,399,044
3,974,548
§623,138
6,399,644
3,974,548
by A.
Co.)
stocks.
com.
net income
subs,
the
have rendered the plan no
request the Court to remand the
2,833,934
for.com.
15.
changes in
approval
earned
G.
of
believes,
will
1,460
Income
stocks -(owned
and
consideration
120,035,641
48,104,015
121,255
t
Int. & other deduc. (net)
Dividends on pfd. stks.
Bal.
1948- -12 Mos.—1947
11,086,134
—
income
taxes
Gross
Subs.) -Earnings—
(&
12,890,861
Operating income
Trans., gas & water, net
Seeks to
Co.
5,954,863
Depreciation
of
consolidated.
American Gas & Electric
Co. & Subs. Consol.—
net
inc.
(as
980,987
j.
tUndist.
ap¬
Alabama Tennessee &
See
St.
Louis-San
Stock and Bond Quotations
mission
1st
Co.—Proposed Bond Issue—
has
applied to the Virginia State Corporation Com¬
authority to sell to two insurance companies $3,500,000
for
New York
Stock Exchange
trust
bonds, the proceeds to
indebtedness,
construction
and
outstanding
be
used
for
extension
oi
facilities.
New
York
This
corporation
the
By
how
of
industry
coordinated
air
is
in
plan"
use
reduce
can
of
use
distributing
detail
for
dissertation
the
benefit
of
principal
the
and
costs
air
that outlines
business
histories,
case
distribution
three
booklet
22-page
a
the
and
its
managements.
booklet
increase
services:
explains
profits
by
a
travel,
passenger
and air mail.
cargo
Exchange
Curb
Copiei are available upon request to R. E. S. Deiehler, Vice-PresidentSales, 100 East 42nd Street, New York 17. N. Y.—V. 168, p. 2533.
Stock
American Bantam Car
authorized
capital
consisting
of
class B
par shares
no
articles
of
836,183
be
convertible
Until
on
the
to
2,317,366 shares
class
A $1 par convertible shares and 1,481,183
by .the filing of an amendment to the company's
the
New
York
Curb
Exchange has been
1
amendment
stockholders
holders
San
to
share
be
one
per
notice
York
Curb
share
to
share
that
into
three
in the
transactions
Exchange
the
class
votes
class
B
per
election
in
the
may
be
stock
Stock
class
B
the
class
A
A
convertible
by
stock
delivery of
legend relating to
39
39
40
Exchange
Bell
V
System
Exchange.
Montreal Curb Exchange
Stock Exchange
818,938
2,467,179
14,966,971
15,007,985
501,534
185
1~706
9,951
993,793
24,360
819,124
2,468,885
15,478,456
16,026,137
1,800,111
1,845,747
20,081,449
consol
stock
com.
City El.
,—......
inc.
&
of
........
income
■
Int.
&
misc.
Federal
undist.
net
subsidiaries.!...
Expenses and
taxes
33,127
29,530
21,878,101
626,140
deductions
43,178
44,629
523,005
42,341
134,722
60,017
60,017
814,922
720,209
1,621,448
1,576,848
19,193,825
17,529,164
$4.28
$3.91
gen.
Income
Dividends
on
Consol.
for
Consol.
tax
pfd.
stock
468,600
t
520,499
842,976
720,209
-
"Restated
water
42
early
Over-the-Counter Markets
46
Transactions New York Stock Exchange..
Stock and Bond Averages
37
from
properties
that
operating
and
revenue
were
expenses
sold
in
and operating revenue
transportation, gas anc"
will be disposed of at an
revenues
the
of
1948
or
date.
Gas
Electric
and
Company
is
currently
proceeding
1899
Salt Lake City 1
cer¬
Act
of
tPrior to
Jan.
Machine
1, 1947.
&
§Loss.—V. 168,
Foundry
p.
2109.
Co.- -Cancels
Standby
Credit With Banks—
The
the
1935.
American
company
announced
Dec.
16
that
it
has
made
ararngements
cancel
48
;j______48
Combined Condition Statement of Federal
Reserve Banks
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
Established
48
Condition Statement of Member Banks of
Federal Reserve System...
...48
>
to
its standby credit expiring June 30, 1950 and term loan agree¬
amounting to $7,500,000 which was concluded June 12, 1947 with
1871
"
300 North 4th St., St. Louis 2, Missouri
Morobors
New
St.
Teletype SU 464
with
plan to divest Itself of its investment in Atlantic City Electric Co.,
subsidiary not retainable under the Public Utility Holding Company
28
28
a
stock
to exclude
the
tAmerican
its
earns,
stock.
earnings
of com.
deductions
43
Section______45
system
common
system
per shr.
42
Toronto
...
OLDEST INVESTMENT HOUSE IN UTAH
4,055,311
Redemption Calls and Sinking Fund Notices. .48
EDWARD L. BURTON & COMPANY
S. Main Street
6,399,644
Total inc. parent co.
41
General Corporation & Investment News-Cover,
State and City Bond Offerings.
____59
The Course of Bank Clearings
47
Light
on
Total inc.
40
...
Stock
Foreign Exchange Rates....
160
§623,138
39
Dividends Declared and Payable
Established
980,987
—
,:v
_____40
Miscellaneous Features
Utah Power £r
t80,764
inc.
-
ment
Specializing in
subs,
Miscellaneous
38
—39
_
Transactions New York Curb Exchange
that
and
directors.
class
a
convertible
and
share
settled
tificates either stamped or unstamped with
filing of the amendment.—V. 168, p. 541.
A
stock
of
Francisco
Toronto Stock Exchange—Curb
.
provides
for
entitled
vote
further
New
also
38
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
Stock Exchange
29
____38
Exchange________._._
Detroit Stock Exchange.
Los Angeles Stock Exchange..—
Montreal
increased
«•"
,u"
■
(Parent
33
:
Cincinnati Stock Exchange
Cleveland Stock Exchange
has
been
-
Co.
Atlantic
Co.
(Bonds)
Chicago Stock Exchange
Co.—Capitalization Increased—
incorporation,
advised.
The
stock
1
V V.
Co.):
From
(Stocks)
Exchange
Stock
St. Louis
The
net
subsidiaries
of
Exchange
Boston
American Airlines, Inc.—Issues Booklet—
"'airconomy
Stock
New York
Baltimore
collateral
and
mtge.
refunding
undist.
.Divds.
,
company
Total
of
f
The
"•
'■
""T"
.
Electric
'
Alexandria Water
7
of
Elec.
v.-
Income of Amer. Gas &
1577.
p.
City
Co.
In This Issue
Northern RR.-r-Control—
Francisco-Ry. below—V. 168,
inc.'
net
Atlantic
first
mortgage bonds, 3%% series due
1978. The Guaranty Trust Co. of New York, N. Y., has been appointed
paying agent. See offering in V. 138, p. 2425.
or
$
—
above)
Y.,
de¬
5Vo
Vice-President
'
The
to be
was
of
168, p. 2533.
1948—Month—1947
,
revenues..
Maintenance
:<
.V
of
and
In
of
include Enos
Electric
&
Consolidated—
Operating
that" it
declaration
have
advance to subsid¬
company's
$18,000,000
retirement
it
the
Inc.,
American
$482,609
directors
which
of
reason
plan of
toward
plan
also
members
Undist.
,
the
Finance at New York University.—V.
Trustee and Paying Agent Appointed—
•
jeopardy by
was in
under
might not be possible to replace the cash
to realize additional funds through borrowing.
71,144
developed with reasonable certainty that the financing
by the plan cannot be effected at the present time
Commission
stocks
who said the committee represented more than 5,000
preferred stock, said the plan of "reorganization for the
already approved by the SEC and the District Court in Port¬
since
applied
$853,753
of
The
$6 preferred
first
land, Me.,
1,179,093
1,049,553
$1,925,661
89,910
board
circumstances
and
preferred issues.
of
company,
was
taking formal action to
request the District Court of the United States for the District Of
Maine to vacate its order of Oct. 11, 1948 approving the amended
plan
of reorganization of the
company. The Commission's action followed
the filing of a report with the Court
by the company stating that it
that
of the $7
Carter,
shares
168, p. 2426.
American & Foreign Power Co.,
Rescind Approval of Plan—
\ v
has
representing holders
Operation
;
■
_
,
Oppose Interest. Payment to Parent—
Period End. Oct. 31—
78,462
Special
,
Federal
$1,706,748
■■
61,319
two
Mr,
bentures.
1946
2,943,550
2,523,892
913,419
for
fiom operations—.—-
loss
'
1947
2.343,339
expense.—..
req.
depreciation..
templated
4,503
—
piri. scock—
on
585,193
expense...
Other deductions
Net
48,766
268,729
debt.
!; /
;
$14,570,499 $15,567,686 $13,564,133
9,155,842
10,298,446
8,402,358
repairs—.___
misc.
prov.
tax)
for
Net
-V.
$848,852
long-term
the
Federal
48,766
taxesSj
.
previous
entertain such further
may
the company announced Dec. 20 through its Chairman, C. Shelby
Carter, tljat it had asked the SEC to prohibit the company from paying
to its parent, Electric Bond & Share Co., interest on $30,000,000 of
indebtedness.
The request for this action was decided upon after the
deferment by the company of the quarterly dividend due Dec. 15 on
iaries
Net
1948—12 Mos.—1947
(
income
a
658,836
—
Federal
Int.
334,000
;
is
$3,360,463 $44,400,304 $38,288,844
1,818,921
22,747,217
17,141,229
301,550
3,975,550
3,635.805
2,014,594
expenses
1
.
Loss
subsidiary cf The Southern Company, which latter company
subsidiary of The Commonwealth & Southern Corporation)
Period End. Nov. 30—
the
(& Subs.)—Earnings—
Nonoperating income (net)—__.___
<A
in
Commission
the
appropriate.
of
v
30 last
American Cable & Radio Corp.
General
Air-Way Electric Appliance Corp.—Filing With SEC—
Dec.
:
1246.
Nine Mos. End.
the
plan, the present common and preferred stockholders do
.participate in the new company which will be formed to take
the assets.—V. 168, p. 1357.
•
On
statement.
annual
to.the 8,826.998 shares of capital stock out¬
to $31,541,146, contrasted with $31,392,-.
fiscal year ended Nov.
income
year.—V.
the
30 amounted
have
to
was
approving
plan.
Under
not
a
in
22
applicable
Nov.
on
For the
ment
24.
down
656
Dec.
on
assets
standing
Federal
for
that
so
may be
as
committee
A
corporation, a balanced fund in the Lord, Abbett & Co., Inc.,
group, had a net asset value per share of $3.57 on Nov. 30,^
compared with $3.74 a year earlier, Harry I. Prankard, 2nd, President,
;r
Kansas
at
proceedings to it
proceedings
2533.
p.
This
Treasury Department, which has tax liens against the company,
handed
the
ruling
Court
168,
investment
Manufactruing Co.—Plan Ruling Delayed—
final
District
below.—V.
Corp.
Rayon
MISCELLANEOUS
-
Stockholders
Net
Aireon
Bemberg Corp.—President Resigns—
American
American Business Shares, Inc.—Net Asset Value—
Underwriter,
741.
p.
North
INSURANCE
-
will
receive
five years
sold.
for
used
will
See
SEC
shares
underwriter
the
and
each
Proceeds
which
of
par)
(no
share
per
shores
two
on
Co.,
letter
a
INDUSTRIAL
-
American
White Plains, N. Y.—Filing—
filed
$100
at
each
5100-per share
15
capital slock,
publicly
share
one
Dec.
cn
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, December 27, 1948
Stock
York
Louis
Stock
New
Exchange
Exchange
Chicago Bd. of Trade
York Curb Exchange Associate
Chicago Stock Exch.
Phone
CEntral 7600
Bell Teletype
SL 593
2
Chase
of
group
Bank
National
New
York,
Other revenues
Total
Losses
,_
depletion
and
retire,
on
of
dividend of 50 cents per
25 cents per share on the
common
stock, both payable Dec. 31, 1948 to holders of record Dec.
22, 1948.
A similar year-end distribution was made on Dec. 31, last
year.—V. 166, p. 1678.
16,
ended Dec.
week
the
Net
kwh.,
cr
joint
securities
Inventories'-—at
for
plan
Share
&
Electric (Bond
Co.
31%
owns
its
of
Dallas
&
&
Power
Co.,'
share
control
retain
&
its
of
The
•
"The
Electric
Bond
in
and
tion
American
of
distribution
reached
Co.
Share
&
.
'
_
taxes
—
5,814,135
—
3,703,818
taxes
•
of
1
10,951,534
93,791
10,496,860
43,523
43,353,471
290,694
41,348,602
180,752'
deductions
Income
Transfer
Pfd.
to
3,385,059
336,373
1,253,353
(net)
surp.
230,410
1,199,613
res...
divs.
to public
applic.' to mi¬
Portion
interests
nority
43,644,165
12,799,415
790,914
5,173,988
10,540,383
3,722,978
11,045,325
equity
Power
in
of
&
American
Amer.
Light
income
of
lass
Power
new
Trust
of offers
approximately
Co.
Gulf
5,819,898
5,353,452
134
Total
10,664
5,830,563
,
Expenses
169,077
to
carried
sol.
earned
112,815
167,464
,
449,662
762,830
con-
5,475,211
,
STATEMENT
INCOME
12 Months Ended Sept. 30—
Other
>•
-
committee,
1947
$14,358,501
$12,188,461
10,665
,—
______
incl.
taxes
Net
income
than
168,
taxes
669,890
762,830
——.—
income
—V.
$14,369,165 $12,330,467
449,662
439,350
__
other
taxes
$13,156,673
_
has
of
Provision
Selling,
before
for
administrative
Balance
Total
;
Taxes
general
income
Fixed
Int.
with
on_funded debt
Interest
on
___,
Provision
for
Number of
Earnings
,
For
there
common
a
net
only
convertible
of
shares
inventories—.
profit
if
of
earned
for
168,
163,
p.
Profit
after
"After
in
—V.
Oper.
deductions—
rev.
Rent
taxes
for
lease
_________
of
—V.
168,
Operating
Other
income
Income
"$1,188,983
126,024
Beaunit
49,292
49,010
495,402
"$1,810,409
The
in
its
w
11
1946,
Life
interest
stock.
of
the basis
______
15,781,220
common
American Teleohone &
Dec.
on
his
1,606,932
father,
$4,730,861
1,384
27,197
Net
income
Dividends
applic.
$277,288
to
pfd.
stocks
for
$365,088
112,531
Oper.
——
—
-
$1,047,244
815,770
$1.28
:
$704,887.
815,770
$0.86
"
Net
—V.
;
;
.
$252,557
the
period
Inc.
Purchase
—
North
American
Corp.
of
Financed
of the majority shareholdings of North
American Bemberg Corp., for $17,111,126,
was financed principally by a loan
insurance company, and by a private sale of
and
Alien Property,
and one
This
was
disclosed
by
the
company
as
it
formally,
—V.
168,
p.
2003.
1948—10 Mos.—1947
g
jg
$
' J
12,438.366 127,9)6,062 115,188,695
28.835
226,485
214,392
£"
oper.
13,335,004
22,944
rev.——
12,409.531 127.689,577 114,974,303
9,753.079 102.811,874
89.196,933
13.312,060
10 983.913
Commenting
on
At
$2,816,601
a
President. Lionel Rogosin,
sold some of the stock he
subsequently
has
"
consent
Southern
District
the
'
York, J. S. Sayre,
in part, to trade practices
in part, to practices which
of New
have
abandoned."
long since been
Mr.
further stated that
Sayre
company
"under all the circumstances,
management had concluded
it was in the best interests
of the-
investment
in
in
its
own
mills
Net
Other
as
Bemberg—
rayon companies. Dec. 21, the follow¬
North American Rayon and American
two
Net
Common
$8,725,265
49,277
1.388,437
1
-
3,122,178
$4,484,536
dividends—345,954
243,754
2,323,538
stock
preferred
2,144,790
$2;695T940
2,383,100
$2.11
$2,095,992
2,383,100
$1.77
stock
Earnings
Ditisheim, Charles B.
successor
p.
2534.
was
announced
American
1,167,822
$5,365,432
-
Surplus for period
Common shares outstanding..
No
.
3,751,253
taxes
,
Rogosin said Beaunit agreed, with its purchase, not to use directly
and Herbert Bayard Swope. Directors who will remain on
boards of the two companies
are:
John E. Bassill, Ben Allen,
Hans
$8,774,542
$10,505,122
—
—
income
income
Cumulative
36,322
'
—
Federal
for
$10,468,800
—
income
income
Provision
4,101,023
;—_—
—
Interest
1,542,367
5,037,105
—
expenses
income
Gross
any
directors of
operating
1,608,185
—
,1
losses
for
operating
Carrier
Corp. and
outstanding
1947
1948
$29,769,991 $26,265,532
12,655,900 11,896,877
j
Operating expenses
Provision
and American Bemberg,
elected
(& Subs.)—Earnings
Sept. 30—
•Operating income
according
bought to
that its distributing
policies with which
168, pi 2222.
familiar."—V.
are
Beneficial Industrial Loan Corp.
key employees.
board meeting of the
were
I.
$3,008,723
608,609
$2,400,114
15,385,435
11,138,496
President, stated that "the decree relates,
in which the company never engaged and,
Rogosin
$4,062,190
608,609
10,331,930
14.675.646
10,552,216
Inc.—Consent Decree—
decree entered on Dec. 17 in the U. SL
a
for
Court
District
9 Months Ended
obtained $3,999,330 by selling privately 216,180 shares
to net the company $18.50 a share. The purchaser was
with its purchase, not to use directly
of the yarn produced by North
but to distribute the yarn to present
The commitment extends for five years, he said.
indirectly
ing
.1,053,467
$3,425,210
10,202,057
1,580 440
1,174,748
1,378.172
after charges
969,018'168, pp. 2116 and 2539.
•
income
operating
they
New Directors for North American and
$4,041,617
20,573
1,332,848
1,076.012
949.975
signed. The company still expects and is confident
outlets will continue to adhere to the company's
Co.
North American Rayon
Bemberg amounts to little more than half of the
American
~
u
1358.
of Pennsylvania—Earns. Corrected
and its business to accept the decree, but this is nqt to be
construed as an assent that all of the allegations of the complaint;
were
in fact justified or could ever be established."
Mr. Sayre said further:
"The
company
has always maintained and still maintains that
with respect to many of the facts complained of. no violation of law
exists; but it believes that, on the whole, it would serve no useful
purpose to litigate issues which have
mainly become academic and
for these obvious reasons it consented to the decree which the Courti
purchase
of
company's
viously
Ra'.a-ce
S.
1948—Month—1947
—
exps
that,
I, Rogosin said Beaunit agreed,
or
345,000
$4,758,058
Securi¬
Washington,
at
Bendix Home Appliances,
directors and
customers.
$363,704
Commissioners, the
stockholders at a
D. C.
Consequently,
stockholders, the company
Telegraph Co. owned 14.83% of the capital
Operating taxes_
432,027
stock of the two companies.
$23,306,909 $17,977,691
333,865
to
share for each five shares
new
one
1947.—V. .168, p.
31,
Operating revenues
1947
•$1,136,914
1948
$1,648,732
30—
Rogosin, son of L Rogosin,
Lionel
11,984,142
2,460,963
118,719
of
Commission
Exchange
•
company
of its
1948—12 Mos.—1947
176,730
$396,007
offered
offering has not yet been set.
the
Bell Telephone Co.
a
Insurance
The
The
1,121,346
$1 r2l.033
does not exnect to register the shares with the
the
income
of .Transport
Board
the
to
be on
date
company
and
said.
check for the properties at the O.A.P. offices Dec. 21.
A four-year
loan of $10,500,000 was obtained from the New York
Trust Co., the Pennsylvania Co. for Banking and Trusts,
Chase Na¬
tional
Bank, the First National Bank of Boston, and Penn Mutual
$0.73
207,482
and
1947,
cap'tal stock.
application
The
Uncoil,
—
Corp.
Rayon
Beaunit
233,827
1,437,975
10(1R
Treasury savings
S.
$914,130;
1948.
Operating revenues
Bemberg:
Gross
in
$2.071.100
of
d^n'-ppW.inn
fot
deducting U.
'
601,488 i
Mills,
company's
presented
$171,578
$1,690,530
3,739,232
$8,325,690
$9,716,121
—_
stated that the stock will be
of "not less than $33" a share.
$689,355
Corp.,
American
Bemberg
Through Loan and Sale of Stock—
to
1,598
Int. & other deduc. (net)
—
—:
subscript''ons cannot be accepted from U.
515,248
$93,767
Rayon
r
28,750
—-
notes—at cost, plus
$705,660.
{Represented by
value shares after deducting declared value of 56,332
treasury.—V. 168, p. 843.
•
par
of
The
$1,239,686
35,084
2534.
four banks
$394,409
(net)
p.
from
after all interest, including
$346,281
principal
amount
of
27,520
500,000
403,700
2.477,868
4,732,701
—
1932
6,132
100,000tl,544,340 '
1,332,220
6,265
1_____
—
par),.
5,492
4,724
bonds,
liabilities—
company
plant
(net)
($1
no
Offering
Offering—Dean Witter
distribution of 19,370
shares of common stock (par $10) at $21% per share..
Dealers discount 65(?. The offering was oversubscribed.
160,000
28,
85,902
93,103
125,197
(other)-:
payroll allotment plan
——
tAiter
its
held.
Dec. 20 made a secondary
on
the Office
$0.81
$772,435
586,821
-
;
Telephone Co. of Canada—To Offer Stock—
com-rany has asked approval of an issue of 1.030,000 additional
pr ce
Barker Bros. Corp.—Secondary
American
Federal
$369,186
467,066
84,414
Z
taxes..
company
'
167, p. 2682.
from
$189,823
$3,325,690
Bell
$2,018,809 $18,653,126 $19,117,664
x,694,600
18,177,197
16.069,798
178,421
1,706,125
1,856,353
$150,147
7,370
share—
per
American
.
1
$9,716,121
—_
etc.__:
under
current
held
shares
$1,191,513
'
48,173
outstanding-
shares
Earnings
6^470
44^366
234,035
1948—Month—1947
184,616
1
wages,
Interest,
^08.700
sell -scrip
168, p. 2427."
or
1948—10 Mos.—1947
taxes
76,933
$2,067,386
revenues
211,876
-.1
(trade)— ___"__i
reserve
1947.
In
profit
Capital
Arkansas Power & Light Co.—Earnings—
Period End. Oct. 31—
444,199
i—___—
shares
charges--
income
Beaunit
Operating
1,221,732
8.155
surplus since Dec. 31,
Total
Co.—Earnings—
$459,356
accounting periods ended Sept.
1477.
9,983
1,961,762
contingencies—
Capital surolus
2115.
p.
Oil
Months Ended Sept.
Federal
25-year
notes, assented, and after provision for Federal income
$6,000.—V.
8,750
8,783
and withheld
stock
Common
;•
j
"$168,200
Income
$436,224
$37,650,
on
8,750
(at
Spool 'Cp.
.<
$145,788 "$1,23C,196
4,358
41,213
debents..
A
ser.
on
Bareco
5,629
137,000
1_
outstanding—
nine
cost)
and sundry invest¬
reserve)_l.______.
Period End. Oct. 31—
430^175
25,135
taxes_
share
common
corresponding
was
taxes
for
income
1_
per
the
payable
6%
reserve
Federal
profit
x
3,254,217
:
payable
Re~ervC
New York,
Trust Co.,
the Bankers
12,240
76,519
__
hbtes and acceptances
Appropriation
2,660
receivable
expenses,
Earned
"$106,668
income
7^748
;
2,15".401
receivable-.-
notes
5,002,261
fot employees savings
"$110,047
3,379
charges
Net
"$453,727
8,010
expenses—
■„—____
—
Interest
Net
467ll66
$428,214
and
inet)_____,_
1947
$369
1,085,77-1
1,. 46.137
80.9CO
(at cost)..
accrued
stock
98,617
,
30
$271,545
(le_s reserve)_______
and
Silk
Stowell
in
Miscellaneous
.
3,704,046
102,261
—
Miscellaneous earnings
accounts
Amounts withheld
the acquisition of the shares."
holders
$1,948,159
1,897,956
160,250
income—
income
Gross
$4,686,565
4,323,766
depreciation
depreciation—
SO.76
SEPT.
SHEET,
BALANCE
and in transit—
plus accrued int.
,
of the common stockacquired by a
1948—Mc nth—1947
.__
Nonoper.
$11,221,227
$5,321,407'
sales
409,700
81.61
tReserve for Federal income
Transit Co.—Earnings—
expenses—
Sept. 25,'48 Sept. 27,'47
sales
Cost
$310,097
409.700
LIABILITIES—.
Co,—Agent for Scrip Appointed—
for
revenues—-
Inc.—Earnings—
From Jan. 1 to—
Net
$660,315
:
Accrued
..........
..
attorneys in
arranged
agent
Taxes-
& Co.
A. P. W. Products Co.,
$920,062
^0,700
$2.25
charges
Accounts
Shea, Lane, Sandomire & Zimet;. and Doug¬
our
Operating
2534.
p.
9,400
575,900
—
Net
Total
1,184
440,000
408, 700
$2.74
hand
on
Total
The
Net
Expenses,
25.921
565,000
142,006
__—
Income
51,320
705,030
1948
assets
Deferred
v
Mr.
■
as
Baltimore
ONLY)
1948
subsidiaries
$895,398
securities—at cost,
Goodwill
Lines were
desiring-to purchase
representing its capital stock, through Dec. 20, 1949.—V.
to-act
•
"Loss.—V.
(COMPANY
$1,101,500
$1,119,864
nctcs
23,206,434^21,295,623
5,073,307
OF
$1,510,983
Building construction
Graham-Newman Corp. was the
jointly.
.
& Wilcox
company
N.-Y.,
9
Income—From
"Fixed
behalf by-the ivlanu-
pur
shares
70,000
*
as
on
168, p. 2534.
Babcock
?
■
surplus
COMPARATIVE
22,404,863
439,350
*. 669,890
24,418,926
5,353,586
186,275
_
taxes
Bal.
22,262,857.
142,006
24,408,262
10,665
—
135,274
$1,876,184
outstdg.
ments—at cost-(less
.
•
executive
the
made
Indies Steamship
West
and
acted
Newman,
Operating
.
■
$7,60,123
.112,469
inc. taxes
Miscellaneous
ties
i
$93">,031
Merchandise inventories—as per books
Mortgage
,
$1,450,620
60,363
$1,826,621
_.
w_
banks,
Investment
,
,
8,877,816
1,033,317
63,809
Accounts receivable—trade
■
&
income
Income
D.
in
1945
.
8,545,697
1,227,011
66,866
1,.20,255
119,315
share
per
U. S. Govt,
' *
'of: Jerome A.
Parmalee, Benjamin
'
consist
'
of
Chairman
Operating
'
Light Co.—
Net
equity (as above).
Other
for Fed.
Cash
(Including Baltimore Coach Co.)
22,262,857
24,408,262
5,353,452
Lewis
Bloom,
S.
result
as
"
•
5,819,898
1946
ASSETS—
and
(director of the Plymouth
now
,
49,563
profits
,
Insurance
committee
per
10,590,175
1,607,968
79,205
11,699,564
cxp.
income
accrued
136,090
Co.
subs.
•
directors
of
$1
'
of
adm.
income
Earned
reorganized executive
of directors held on
enlarged from eight to 14."
said:- "As a
Period End. Oct. 31—
Net
excl.
sales,
Net profit
Capital shares
and
"The firm of Greenman,
—V.
41,529,354
13,420,434
717,843
4,992,130
471,586
33,930.
210,642
—_
«t
Edgar
principal participant.-
11,532,163
—
a
(Financial Counsel).
group acting severally/and not
12,294,487
income
Newman
Employees
executive
company,
Atlantic
The
Gross
oi
board
the
of
board
the
to
Chairman
meeting
Jacobs, Jr.
statement
a
facturers
2,919,352
(net)
K.
Chairman;
the
of
In
.
.
special
reorganized
Newman
3,152,012
income
Prov.
102,103,133' ^76,821,855
: v
named
were
designated
Government
Co.,
of
.
1947
1943
Other charges & deduct.
$45,265,365
$44,923,823
capital)—
" :
has-been
revenues—
oper.
Other
•
approp.__
res.
of
Total
.
Sandomire & Zimet are to be General Coun¬
G. Frank Dougherty is to be its General
Attorney.
'>
''
In his announcement, Edgar S. Bloom, Chairman of the board, said
in part: "At the request of new interests who have acquired shares in
Atlantis Gulf and West Indies Steamship Lines, the board of directors
1948—12 Mos.—1947
and
Property retirement
-
1949.
' •>'
share on
24,
Jan.
on
dividend
a
$15,565,755 $13,727,968 $10,828,607 $10,785,067
discounts
&
Operating
Greenman, Shea, Lane,
sel
$
'
$
$
38,847,672 177,789,216 153,150,830
17,987,165
85,700,564 63,654,627
4,006,408
21,753,107
18,809,971
3,437,887
14,687,587
12,805,467
45,776,799
22,155,300
—
expenses
,25-
Graham, and Robert G. Stone.
Howard L. Aller,
ACCOUNT
INCOME
$
revenues
Operating
Net
The
.
estate,"
■
al¬
returns,
gen'l &
Other
8,407,749
8,385,002
2,100,000 /-1,500,000
243,187 •,
242,425,'
:
;
directors are: Jerome A.
William
and
receive these residual as¬
operating groups.
to
five
1918—3 Mos.—1947
Subsidiaries—
Operating
deplet.
is
American's
of
CONSOLIDATED
Other
the
of
members
a
-1948
in
17,473,705
Co., National Transit
Pump & Machine Co., Equitable Ofiice Building Corp. and of GrahamNewman
Corp.), Benjamin
Graham
(President
of Graham-Newman
Corp.), Robert J. Marony (Vice-President of Chicago Milwaukee St. Paul
& Pacific RR.), Louis A. Green (partner in Stryker & Brown, security
brokers), William G. Rabe (Vice-President of Manufacturers Trust Co.),
American, said.-
Period End. Sept. 3C—
Federal
at
redeemed
be
must
received
2534.
p.
depreciation
Sell.,
17,664,234
13 277,314
year—
one
(working
Newman
new
Cordage
by American Power & Light Co. and by
in the interest of avoiding extended litiga¬
conservation
the
of
President
stock
was
15,895,573
interest, etc..
wages,
within
—
assets
A.
Newman,
main
the
accord
Co t
.*.
—1
16.
Dec.
income.
common
new
after
sets
and
additional
committee
that these proposed ratios
of allocation may be adjusted in the event of a contingency, such as a
sale of the Pacific Northwestern properties or an increase in Federal
income taxes to an extent that substantially would affect American's
consolidated
less
lowances
Atlantic Gulf & West Indies SS. Lines—Six New Dirs.
stipulate
plan
to, the
amendments
'
•
_
Jerome
Power Co., operating in the Pert-
Wash., areas.
and Spokane,
Ore.,
The
due-bi'lls
stock
COMPARATIVE
set uo under the plan to
subsidiaries, Pacific Power
Light Co. has been
Pacific Northwestern
and Washington Water
Light Co.
land,
&
all
168,
Mos. End. Sept. 30—
Sales,
24,484,181
72,315,104
28,369,068
82,499,190
'
market
or
that
common
15—V.
9
.
Sept..30,*'43 .Bee. 31,'47
$36,163,698 $25,227,946
168, p. 2318.
Six
>
and
Belding Heminway Co., Inc.—Earnings—
CAPITAL
—a
payable
current
'The
Power
coct
Total
—V.
Light Co.
American
of
■
„
,
OF WORKING
—_
:
salaries
Dividends
Net
stock
In
50%
$147,031,956$122,087,231
Long-term debt due
Light Co., Montana
a holding company, for
Light Co., Texas Electric Service Co. and Texas Power
Electric
&
,
taxes
Accrued
&
Minnesota Power
Power Co. and Texas Utilities Co.
The last is
Gas
stock dividend of February, 1948.
payable
Accrued
subsidiary common stocks to be distributed to American's stock¬
under these ratios are those of Florida Power & Light Co.,
The
$5,0"$4.50
$2.od
Liabilities—
Current
Account's
holders
Kansas
The
Depreciation
preferred
$5
of
17,470,617
13,697,588
8,123,039
stock
com.
L
Less
American's common stock
of
stock.
The allocation to the preferred stockholders is to be in a per
•ratio of six to the $6 preferred 5.05 to the $5 stock.
5%
674,781
(Jess res. fOT doubtful sects. I
lower
Total
specified1 21%,
and
and
bills
18,165,393
674,781
CONSOLIDATED STATEMENTS
Notes & accts. rec.
reorganization of the company
as originally formulated by
the company and its parent, Electric Bend
& Share Co., soon will be filed with the SEC.
The amendments, authorized by directors of both companies at sepa¬
rate
meetings, cell for distributing 82%of American's assets to its
preferred stockholders and 18% to common stockholders.
Under the original plan filed last April, both companies had agreed
on
all points except the allocations.
American at that time proposed
giving common stockholders only 16%, and Electric Bend & Share
the
20,372,369
224,927
Assets—
Chtrent
Cash- and
to
for
"Adjusted to reflect 20%
Reorganization Plan Amended by Directors—
Amendments
avail,
income
CONDENSED
amounted to 254,606,600 kwh., an increase of 20,460,000
8.73%, over the corresponding week of last year.
dividend
a
,
E&ftitii** £ei: cumuon snare
of this company
declared
have
' t
Oct.
inputs of subsidiaries
the System
1948,
" 1
*
8,347;,966
Net income Tor period—
Preferred dividend requirement-^
Light Co.—Weekly Input—
American Power &
For
—
charges;_J
Federal, State and foreign inc. taxes
year-end
a
(net)
property
Other'income
quarterly dividend of
usual
the
and
declared
have
directors
The
$
'
.
Cost of sa-les——
Depreciation
Interest
share
directors
cents per-share in cash on the common stock, both payable Jan. 20
^"
W holders of record Dec. 31. The cash dividend will also be paid,
94,052,003 271,937,384 226,217,211'<
on
the stock to be received, it was announced. Scrip certificates will
986,888
1,907,871
1,522,397
,be issued in lieu.-of fractional shares.
,
,
.95,038,891 -273,595,225 227,739,608
Tne New York Sttocx c,xcnange on Dec.
17 directed that Exchange
78,057,705 232,050,-6 5 l'SO,664,853
contracts fn common stock on Dec. 29, unless made specifically • for
1,970,972
5,761;640, . 5,021,787
"cash", shail be ex 37y2c per share (12V2C of which represents the
170,576
4oo,9_.)
371,303
cash dividend payable 011 the stock dividend); and that said common
512,080
1,458,948
865,682
stock be not quoted ex said stock dividend until Jan. 20, 1949;
that
551,297'
691,171
213,573
all certificates delivered alter Pec. 31, 1948. in settlement of Exchange
5,428,235
12,770,523 '< 12,437,002
contracts made prior to Jan. 20,
1049, must be accompanied by due
Sales, less discounts, allowances, etc.
Co.—Year-End Dividend—
The
1948—9Mos.—1947
3 MOs., 1848
$
adequate f dr.'the next two yeafs
American Manufacturing
.Beecli Aircraft Corp.—50% Stock Distribution—
Corp.—Earnings—
Ended Sept. 30—
Period
the New
to meet the requirements not only
for its regular lines but also for the AMP Automatic Pinspot'ber and its
Other new products.—V. 168, p. 2002.
is
Steel
Armco
headed by Manufacturers Trust Co. and including the
of New York, Chemical Bank & Trust Co., Bank
Vork Trust Co., the Marine Trust Co. of Buf¬
falo, and Manufacturers & Traders Trust Co. of Buffalo.
The company stated that after paying off its outstanding $1,000,000
loan under the agreement its current net working capital of $11,500,000
banking
a
Monday, December 27, 1948
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2678)
named
his
Rayon and
Wiggin.
to succeed
resignation
American Bemberg,
,
Bassill. who had pre¬
presidency of North
John E.
from
the
effective March. 1.—V.
, •
L. 1
; .
...
,
168,
per
"Including
$3,881,600
in
-
operating
'
carrier
1947.
NOTE—Operations
in 1948
share
common
in
and $59,832 in
income
$5,498,266
in
1948
and
;
resulting
included.
Canada,
1947 are
of
,
in
net
income
of $59,440
'Volume 168 4 Number 4763
CONSOLIDATED
•
BALANCE
-ASSETS—Cash, $18,270,634; U.
••
'instalment
-
notes
receivable '
monthly instalments
serve
for
losses,
over
SHEET,
SEPT.
30)
1948
maximum
a
period
$119; 199,482;
of
months)
18
other
(less
and
notes
of
reserve
$22,2211;
for
depreciation
'property, at
,
.carrier
(less
cost
materials
.discount and.
and
other
$138,559;
of
for
supplies,
and
expense
securities
fixtures,
$888,940;
at
cost
able
(less
"for
operating
carrier
$315,211;
cost,
deferred
total,
charges,
$144,369,724.
unamort.zed
$905,135;
',.77
•
April.
of
1946
(issued
..cumulative
and
outstanding,
preferred stock $4
in
100,000
d.vidend
capital
stock
ytA \
-■
of
1948
brokers
for
7
9.Mos; End. Sept. 30—
t Amortization
Steel
Foundry
Ended Sept
30—
& Machine
/
1948
■Sales
______
"■Profit
______
Income
Int.
and
1947
'-v
____
"
$8,446,245
Not
j
25,566
oil- •
'
was
1947*
1
1945
1945
Box
211,845
146,702
_
tected
the
$3,301,037
$3,201,274
37,499*
33,718
35,174
5,118'
22,355
33,734
$3,353,138
income—
$3,24T,110
$1,527,183
$1,284,918
,
$1,469,654
$1,220,830
•
bef.
Profit
Fed.
tixes
for-Federal'
income r(
on
1,295,000'
outstdg- sharef.^.;'
per
lor renegotiation of
Stated
'1,330,000
600,000
Earnings
share
per
"After
the
all
$115,628
$0.19
charges, including depreciation.
company
entitled
was
to
provisions'
of
the
this
loss
refund
$927,183
$609,913
300,000
$1,913,110
450,000
300,000
$3'.09-
$2.03
450,000
$4.58
;
$4.25 "
1
Internal
'p
\
-10 Mos. End. Oct. 31- -9 Mos.—End.
Net
sales
Profit
charges.—
3,220,925
taxes
Earnings
i
per com, share
167, p.
$1;
Period End. Sept. 30
profit
&
Fed.
Capital
after
inc.
$1,660,006
$1,305,199
300,000
300,000
$4.75
$5.36
$4.14
shares
Earnings
"Loss.—V.
352,418
share
per
352,418
$1.06
168, p.
147.
Net
$323,851
352,418
Equitable Life
Assurance
20-year
a
3% note, it
instalments of
annual
balance
of $7,500,000
prepayment
On
per
Nov.
$1.35
New
on
$0.92
Loan, Etc.—
cost
oil
Soy
solvent
of
due
of
that
loan
if
the
note
commencing
Sept.
1,
this
1968.
The
course
It
food
and
extraction
and
Vitamin
manufacturers,
sugars.
Both
2539.
units
:•
.
*
sales
"Net
(&
at
combined
Products
1947
with
sundry
»
Prov.
Canadian
.
„
■:
Net
inc.
No. of
inc.
2,101,492
733,496
...•
'V*
^
in
of
the
first
of
$6.50
..
of
1947
and
additional
an
1948.In
special
tlie
in
for
reserve
BALANCE
banks
accounts
and
receivable
on
(less
plant
property,
SHEET
hand,
SEPT.
30,
and
$10,648,071;
provision
for
on
Gash'
capital
,
Boston
materials,
■.
interest
offices:
on
on
investments
investments
files
provision
The Commercial
as
$255,626
8,066
40^891
33,722
$321,487
;
net-losses
NOTE—Company
William
of
as
has
and.
a
been
of
"regulated
made
of
$28,005
for-
$11,745
in
$213,839
in
1947.
investment
Federal
1948
and
and
capital
$4,535,963
393,223
403,016
419,890
269,266
212,704
107,526
262,034
976,664
964.358
721,522
2,472 139
$1,581,498
$1,145,293
$1,408,563
(,4o,762
043,762
t49,762'
$2.43
$2,43
taxes
provision for pension plan.—V.
who
joined
to
of
cordinate
has
-the
641,762
,
$1,76
168,
$2.17
1252.
p.
Burroughs
John
created
8.
organization
post
in
of General
Coleman,
President,
1929,
S.
and
been
century
direct
doing
and
all
of
these
business
has
sales
in
operations.
the
and
European
area
since
service
most
.
Denmark
and
countries.—V.
Switzerland,,
well
as
168.
208,764
dealers
Burroughs
as
in
other
2539,
p.
;
45,208
$133,430;
company'
dividends
and
and
taxes
1948
1947
1946
$2,385
$2,27.)
$316,414
received____
3,778
$62,360
226,965
"
Total
$289,323
Federal
$320,192
14.246
___■
income
Provision for
-■
taxes
:
$2,279
$2,385
8,960
.
(
■
8,757
56,500
contingencies_________
60,000
...
73,046Net profit before depletion_______
Capital shares outstanding
40%
stock
Zinc Co;—Earnings-
&
Quarter Ended Sept. 30—
Recepits from lesree__;.._____i.______
17,476
1
Copper
793,960
of
Earnings
3,735
$285,589
"Loss —V.
:
$189,446
"$6,575
600.000
600,000
600,007
Nil
Nil
share_______l„___—
per
$0.31
"$3,478
168, pi 42.
BALANCE
at
standard
of
cost
_{
and' taxes
1,686,247
47,123
wholly-owned
Net
1,0.16,791
1,458,505
32;477
$358,748
sub:idiary________
4,847.620 :
operating
employees,
Taxes-
pavablc
Unsecured
Reserve
$761,569
commissions—121,512
to' bank
stock
Stock
($50
($50
223,965
re'servei
and
for
depreciation
$1,663,719 at Sept.
cf Aug.
40%
A
stock
fiscal
and
30.
285,530
amortization
of
$1,696,620* at
'
;
$3,121,357
31.
*
dividend
was
■
declared, from, surplus in
due
12
In
line
the
company's
past practice,
this stock
stock.-and
Sept.- 30r 1-948',
$119,000
DIVIDENDS
earnings
and
of
ON
the
$131,000
-there
of
preferred
remained
preferred.
COMMON
abnormally
stock
unsold
_
STOCK
large
have
$101,500
.
.
for
cash,
been
of
,
to
-
30,
p.
Service
2319.
$2.72
1948 were
1947
gross
operating
,
Co.—Earnings—
1948
taxes
on
1947
1946
$5,204,404
$4,770,225
$4,281,939-
3,421,555
'441,096
2,972,248
2,450,006
390,248.
income-
profits
redempt. cf bonds in
272,778
415,845,
,
295,699
.'Cro'7,477
$1,086,433
$1,613,812
,
tax
1945
.
.
..——
Crl04,649
1
income
50,353
29,673
$1,159,328
Interest,
Net
$1,116,106
13,641
$1,627,453-
462,713
453,571
917.5G3
$696,615
deductions2_______-
etc.,
income.
Dividends
oil
preferred
$662,535
$709,884
154,839
152,903
152.908
$541,776
$509,632
$556,982
stock
Balance
—*V.
165,
—2
2319.
p.
:
Callahan Zinc-Lead Co., Inc.—Earnings—
Quarter End. Sept... 30—
1948
1947
1946
sold,
but,
$9,898
—
"After
charges and ordinary
the decreased
tAfter
company
mining lease.—V.
was
1945
,
"Profit
;
to
$1,108,975
offered
common -stock
the
revenues_;_____—
Total
$256,000 of
.
OMITTED—Due
need
Nov.
$1,496,012
$2.73
November,
,
.
was
to the public in-order to eliminate, brokerage fees.
common
ch
with
ended
months
excess
operating
Nonoperating
"■
February,
1948,
rights were given to the common stockholders to purchase $357,500
common* stock.
Sale of $250,000 of preferred stock was also author¬
ized.
1944
of
Net
and
of
of
'
•
has been changed to end Sept. 30,
year
Refund
3.256.250
$8,102,233'
31
month
1,556,750
3,252,60 0
surplus
'."After
the
$7,584,214.*—V.;168,
were
Prevision for Fed',
"
110,958
1,541,500
'.Total
Aug.
199-,163
1,937,500
110,958
-
par)—,
for
12 xMos. Elided Nov. 30—
132,353
•
1,937,500
par)_.—_________________
shares),__
Operating revenue
Operating expenses
Provision for depreciation______..__,
> $642,804
v
_
accrued—>■; 149,680''
payable
for, prior, veavs; unsettled. taxes_^—a
Preferred
Common
Earned
and
wages
and
note
accrued- expense)
(550,000
revenues
the
For
revenues
$8,121,367
vv.-:
payable;* (including
1.910,811
414,769
$1,503,804
share
California Water
Acccimts
$8,628,931
414,769
56,375
$8,102,283
;
Oct. 31, '48
requirements
common
per
Gross
30, '48
$8,771,872
1,918,573
dividend
-$8$9,244*.
4,911,673
49,207"
Nov.
Balance
350,852
353,025
>
income
Earnings
equipment and
'
Oregon Power Co- -Earnings—
operating revenues_
Preferred
4,553
—
equipment'-'
assets
■
$213,735
836,720
re.:erves..__'_^
assfitsr—
in
Gross
iV Aug. 31,'48 Sept. 30,'48
.1
;
California
'12 Months Ended—
SHEET
setting
up
a
reserve
$1,400
t$2,441
taxes, but before Federal
of
$40,000
against
an
*$3,543.
income taxes.
investment
in
163, p. 342.
Financial
Seibert,
La
On
account
Salle
of
the
fluctuations
in
the
rates
oi
of
on
.!'■
'
Chronicle (Reg. U. S. Patent Office)
William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9578.
Herbert D. Seibert. Editor and Publisher;
President; William D. Riggs, Business Manager. ' Published twice a week Tevery Thursday
(general news and advertising issue)
with a statistical issue on Monday],
nth*"
St., Chicago 3, -111. (Telephone State 0613); 1 Drapers) Gardens, London, E. C., England, c/o Edwards & Smith.' Copyright 1948 by William B. Dana Company.
Reentered
matter February 25, 1942, at the
post office at New York, N."Y.;Cuhder the ^ct of March 3,. 1879.
Subscriptions in United States, U. S. Possessions. Territories and Members of Pan*
Union, $35.00 per year; in Dominion of
Canada, $38.00 per year. .Other Countries, $42.00 per year.
Dana
135
has
Manager
announced
headquarters in
European countries."
With his headquarters in London, Mr. Arris will direct 'the opera¬
tions-of Burroughs subsidiaries in England, Holland, France, Belgium,.r
major cities of
_
.
NOTE:
the
newly
a
Operations.
.
second-class
American
4
$2,394,231
513,073
company
turn
Butte
166,760
banks
in
LIABILITIES—
and
'
income
'52,742
$3,166,576
$1,609,229
be to
"The
;
the
$145.096
$433
Inc
receivable—net
*
directly
profits
therefore.no
..
..
realized
net
bv
"•
hand
leased
Other
■
.
(les
"11,431
"Before
Co.,
Box
current
instead
fee
income
"Net
♦
realized
•
194-7
$373,790-'
$4,483,221
41,319
other
appointed
European
paid Feb. 12, 1948—
Total
(including,
ipccme
1948
income
$2,352,911
38,357
"This company is expanding its manufacturing, selling and servicing
in the European area," Mr. Coleman said, "and Mr. Arris'
115.,224
:
capital -stock
10
dividend
NOTES—The company's,
Expenses
Management
■
for
Fund, Inc.—Earnings—
and
$3,128,219
activities
$240,260'
68,925
"•Land,* buildings,■■■machinery and
stock
3 Months Ended Oct. 31—
$3,325,392
—
17.
l,201i,2.96
stock
common
stock
Investment
reacquired 'ahd held' in treas¬
ury at cost (preferred, 6,400 shares, $595,021;
common, 125,184 shares,
$900,425), total, $152,686,522.—V. 168, p; 2427.
•>
-
Dividend
1,2 S3,659
__
Arris,
job will
937,258
slock
for-i revaluation
on-
Other
States
contingencies. $3.915 290: reserves for warranfes and
special purposes, $2,957,038; 3%% preferred stock,
$19,220,000; com¬
mon stock, $12,309,620;
paid in and capital surplus, $10,842,230; earned
lfess
J.
been
$1,334,726
preferred
onl
Accounts
4n
for
$68,879,175;
1945
$5,745,280
1,798,110
profit
1,158,355>
•
transfmrr'd
Inventories
reserve
accruals
taxes
1948
$4,151,021
2,517,461
.
$1,177,518'
surp lu?_—________
ASSETS—
Due
payable,
$11,224,291;
1947
$5,645,680
$3,368,172
taxes
European
Dec.
'
$226,935
months
decline
United
(after
Subs.)—Earnings—
1948'
i_
Can., inc.
&
W,
just
*
equipment
(&
'
made
$10,000,000 United States tax. notes), $9,414,426;' deferred credits- to
income, $271,828; reserves against price decline in-inventories, $4,500,-
surplus,
transfer red- to
.
,
was
.
Co.
42,780
income
$1,533,549
COMPARATIVE
.
nine
$30,710,320;
$2.42
; Burroughs Adding Machine Co.—New Appointment—
1140.'
p.
91,000
N
LIABILITIES—Accounts
reserves
168^
*
on
Brockway
($100,000), $10,100,000;
reserve).
17.813
$1.91
and
7,742,830
exps._
16,172.
.
2,946,323
"Including
134,44'4
from: sales.
surplus
Reserve
1948
$25,365,442;
total, $152,686,522.
000;
$i.bo
^
$9,326,379
warehouse and. shipping
____
_
cutstdg.
Larnings per com. share
Month of
'.
$5y855,503
'648.287
513,332
share
Common* shares
Sept. 1948
$1,311,962
income
inco me
Teta'l
2,336,736
$1.93':
price
S.
1947
$3,469,736
.
$6,271,721
and
Net
1,169,157
-
1948
:
—
—
than Income
.
$18.69*
(& Subs.)—Earnings—
charges
;
Year Ended
Gross
Surplus
4',514.441.
depreciation of $13,632,972), $34,659,315;
prepayments
and1
deferred
charges, $5,602,003; patents (less amortizationl, $374,322: goodwill. $1;
payroll),
Total
and inventory adjust-,
reconversion1 costs re¬
for
110,000
1252,
p.
1899;
Operating- profit
1,947,700
Income
charges and Federal taxes.—V.
sold4$4—'i—
income
Dividends
supplies, work in process and finished goods (less reserve),
$45,536,787';
Stocks, bonds and riotes.of other companies and miscellaneous inve t-f
accrued
Federal
to "price
reserve
168,
Sept.. 30—
Expenses
also provided.
was
Treasury bills and Dominion of Canada bonds
$338,332;
$8,591,000, and
$1,377,071. of
tAfter
Prepaid' insurance
CONSOLIDATED
ments,
refundable
$2,138,919
1,263,645
$1.43
figures,—V.
common
1947
$1,884,844
Other; income
$-3,235,847
•
Glass Co., Inc.- -Annual Report—
admin;;
common
;
.
first
■
and
potential
administrative and selling expenses, but;
amortization, Federal taxes
and
inventory, amounting to $1,019,923 after taxes,
notes
to
——s—
ware
Dividends
customary provision for inventory adjustments
ASSETS—Cash
effect
Surplus, balance: beginning of period
26,236,630
$1.65
.depreciation,
available.
months
168,
Interest
568,069
2,336,736
"
$8.78
factory,
of
2,336,740
(Not
however,
1947,
of
N et
2,327,817
2,481,034
nine
$2.00'
out.
Provisiomjor
33.647.007.
4,152.014
'•
"1948
share
Expenses
)W
$2.44
incmhe Crow? -oparatio-nA-^w^—li----'Financial, expense- and income (net)___
t
484,135
9,597,450
deduction
NOTE—The
710,562
<
15,707.583
deduction
sales
Gross
n
755,747
8,510,914
1,393,731
12,853,696
charges.
Net
Selling,
&
Earns, per com." share__
"After
1946
$3.80
Freight
on
$26,849,532 $24,lo9,568
3,137,309
3,751.913"
1,252,465
1,613,000
outstandings
common
dividend's.
p.
aver¬
$10,495,536
Less:
and,
1919.
p.
„
per
U.
sharei_i_
.
Also,
.
1,947,700
of
control;
subsidiary which
service items—•
liquidated,
being
are
—______
"Other
1947
v
32,891,260'
966,369 ;
21,009,185
shares—2,336,740
before
at
1
*$3,900,630
taxes
a
5
'
7,544,544
23,117,086
'
taxes-
sundry
taken
are
1,947,700
Brockway
1945
102,515,346
888,698
2,491,064
after- taxes__
common
1948
including
the
as
plant.
company,
167,
3" Mos. End. Sept. 30—
21,345,904
$4,743,979
giving
the
Glass
■
i.
Preferred*
$2,388,249
22,709,825
1_—,
to
168,
;
1946 ^
•
37,087,441
Fed.
est.
Jan.
from
1,947,700
_
their
price,
31—
Months Ended
—V.
and
charges
for
per
31,
At
the
Ina much
important
profit after charges" and taxes—
the
a-,
the
Division.—V.
'
Oct.
Bulova Watch
Aug. 31,'48
been
most
the
down
Box
Net
5,633,537
.
$7,412,597
ments- and
v
.
6,370,870
outstdg.__
turned to* income.
type
vitamins
Subs.)—Earnings— Y
950,859
sales
on
Special
1948
plant & equip.
on
has
shut
the
Gross /income
charges——
began opera¬
sells
'•
■ •
earnings
Discount
first
its
sales.
1947
(Including Domestic Subsidiaries)
excess-profits
cents
75
Cost
*'*
taxes
profit.
Three
$8,021,736
—$2,619,879
Sept. 30—
shrs.
"After
r
.
Total earnings
Depr.
The
245,770,891 205,881,315
profit—' 36,136,582
27,228,389
operating
Other
the
Sept. 30—' "
S
Net
>
-
dividend cf
which
of
(E. L.) Bruce Co.
producers of Beta Lactose and bulk milk
of
Borg-Warner Corp.
f
Division,
beyond
wore
favorable
a
of
Net
*
pharmaceutical
are
other
above
as
profit
Earnings
permits
Waterloo, Iowa. Tio be built
mill will be the second of its
Products
Milk Sugar Division,
9 Mos. End.
agreement
at
tcwer
National
p.
9 Mos.
tNef
Capital
was
about
Labco
/
be repaid in'
1958,- with the
desirable.
final
which
at
charges____—
per
i
"
to
1,
loan
appears
a
Is
Sept.
$1,500,000, the new
to be
operated by the Special Products Division.
tion at Kankakee, 111., Nov. 18."
The
^*5
$2.55, the same amount as
paid Dec. 21 to stockholders of record Dec. 6.
Processing Co. has begun construction of a new say-
paid in 1947.
1948
and
revenue
stock..
both
to
company.
,
Ended
shares
Brazil)
in
Briggs Manufacturinff Co:—Earnings—
cf
$15,000,000 from the
the U^i-'ed States, represented
by*
announced
$750,000,
5
1948, the directors declared
bringing the year's dividends to
Borden's
bean
Society
is
Nov.
on
30,
share,
was
the
of
loan
Box
„—
alter
Deprec.
the
the
March
of
as
the
of
advantageous
Bi%elow—^-Earnings—
"Consolidated
depreciation,
(est.)—
revenue
the
properties of the Box company and pay all fixed charges,
fee.
It has- an option to buy the plant and
equip¬
Common
accrued
operating results as shown in dollars
age rates of exchange.—V. 168, p; 2222.
352,418
Nil:
Borden Co.—Further Details
with
$508,139;
'
estimated
capital
of
lease
a
Earnings
f
,
,
-
connection
payable—trade,
NOTE—The
Y
In
1
•
operation.—$8,990,749
expenses,
Aggregate net
$475,842
-
outstdg.
sales
Net
■
(less
:
earnings from
amortization,
1948—9 Mos.—ii947
"$221,942
the
as
Income
lor
Month of October—-
Gross
Subs.)—Earnings
1948—3 Mos,—1947
$373,642
on
(Including Subsidiaries Operating Public Utility Services
chgs.
taxes
company
value
par
be
of
all
after the completion of the production facilities,
to show operating losses, and in August,
decided to
was
Earnings
1478.
(&
the
to
in
;
purchased
continued
within, two; years,r—V.
Profit
Brazilian Traction, Light & Power Co., Ltd.—Earnings
300,000
$6.23
losses
acquired,
even
inventories-
Months
9
Net
\
797,721
$1,494,272
it
Brown &
U.
S.
tax notes, at cost of $1,050,000),
contingencies, $50,000; reserves for inventory
valuation, $100,0.00;. capital stock ($5 par ), $2,250,000; earned surplus,
$6,732,059; total, $10,885,762.^V. 168, p. 1140.
2,102 yzo
1,115,252
Bohn Aluminum & Brass Corp.
Net
and
$10,885,762.
income—estimated
on
Operating
-
total,
$706,495; ;reserves
1V*7
2,775,258
Common shares outstdg.,
than
supplying one
company
well
payrolls,'
$309,999; employees' saving bond purcha.es and withholding tax, $73,5 53;
miscellaneous accrued taxeS,'$155,111; reserve for Federal taxes
Sept. 30-
-
920,897
_„$1,925,544
-,
' - 300,000
banks
LIABILITIES'—Accounts
i.
2,415,169
1,295,381.
Net. profit
—V.
1948
•
amount,.
$14,351,888 $12,022,090 $12,583,532 $10,414,580
_
after
Income
1947
less
box
boxes,
Bex
as
wai; contracts,
in
further
company
maintain
other
for
serve
Revenue
'
1948
against
ment
hand, $2;041,137; accounts receiv¬
$1,873,686; inventories, $3,199,620; deferred charges,
assets, $265 036; property account, at cost (less re¬
depreciation-of $1,644,719), $3,221,389; patents—at nominal
$284,894;
of
Black, Sivalls & Bryson, Inc. (&
Subs.)—Earnings—
*
ASSETS—Cash
hoped-
wc; • i*ne purchase price
the Brockway Box Go. stock¬
of
the
able—customers,
of
tax
i
«•'
Nil
result
a
Federal
"v*
•
t$339,590
$0.58
tAs
estimated
an
$283,000 under the carry-back
Code.—V: 167, p. 2570,
•'
$37,740
_
is
possible
1,' 1943, a lease agreement for the plant and equipment will be
entered' into* with the Jefferson Wood Products Co., which will manu¬
facture various wooden items.
The Jefferson Wood Products Co. will
675,000
BALANCE SHEET, SEPT. 30, 1948,
,
_____
common
It
be
<p«k,
all
of
seemed
the stockholders
capable'of
The
or.
/
profit
with
value
_
tProvision' for amortization, of emergency facilities has been, computed
the new shortened period ending Sept. 30, 1945.
tAfter provision
$2,892,705
'7 ;
will
Oct.
est,-);;
shares
Earnings
and
paid.
were
dividend
b*ockwu,/
$63,600
was
Unfortunately,
the
taxes'
profit$2,064,138
Capital
we
book
net
arrangement
Glass
wood
30,354
20,603
;
stock
common
13-month period
past
$68,995
of
$142,041,
company sa ea- and. operations were dependent almost entirely on
Glass company,
the stockholders of the Box company were pro¬
the
268,976
181,081
of
President, staled.
March, 1948, the company
of
the
and
dividends
total
Warren,
i
This
this
earnings iw the
stock
a
by an- agreement
at
company
$2,111,854- f$2,054,902
461,119
418,395
■552,144
'
Net
fixed,
holders,
1947.
______
purchases."
and' misc.
Prov.
1946
63,306 |
outstanding
time,
$3,985,263
L„
ACQUISITION—In
1948,
out¬
Co.—Earnings—
<"
$5,853,806-
___
____________
taxes
:
1948
•"
Robert
Net
Preferred
of
$73,046, or
resumption of
the
1949-,
1140,
p.
remedied.
is
$195,790.
that
purchased, $125,921; payable
$56,887;. dividend payable,. $276,113; net
share on 1,725,653 shares of $1 par value
2,889 shares in- treasury—outstanding at
•_
profit
Grcss
.-
Discount
series
Net
Months
pay¬
$10,000,000;
(issued
condition
was
no-par shaves), $10,000,000; common stock ($lo
par)',
$23,831,000; paid-in surplus, $1,185,750; earned
surplus, $21,456,456;
total, $144,369,724.—V. 163, p. 1139.
Rirdsboro
$3,856;
stock repurchased,
Gross; profit on-sales—
$4,124,522
..Bell., gen. & adm. exps.
590,368
Depreciation;233,117
standing,. 100,000
9
this
total,
dividends,
taxes,
Bower Roller Bearing Co.- -Earnings•
sub¬
of
dividend"
shares),
no-par
series
stocks
$3.25
$4,305;
were
i,
count, etc.,
$2,287,226;- minority interest
sidiaries, $12,522; cumulative preferred
sold',
accrued
franch.ses
$924,062);,
$4,244,795;
2(%%; deben¬
1, 1961,
$20,000,000;
2%%
promissory notes',
due
1967, $20;GG8,G00; promissory notes for $3,000,000 Goliad an
(3Va%y due July 1, I960), $2,780,400", deferred income; unearned dis¬
tures,
for capital' slock
expenses, $235;
investment securities
Oct;. 31, 1948);„ $33,858^.795; total, $34,321,807.—V. 168,
plan,
pension
Therefore,
.7'1
(equal to $19,62 per
stock—exclusive of
capital
debt
LIABILITIES—Loans i payable,
$20,425,000;
Federal
income
taxes,
-$4,366,498; accounts payable (incl. accrued interest, $514,613), $8,498,-077; purchase-money obligations-, $282,000; employees' thrift accounts
employees'
due May
to
capital
assets
,w
(incl.
scld,: $24", 106;; receivab.e
LIABiLITIES—Accrued
;
(2679)
placed in the Unenviable position of having insufficient working capital.
the directors-, after reducing the common stock dividend
on
March 1, 1948;. and further reducing it on June 1,
1943, decided
to stop payment of the common dividend
entirely until- such time as
.
$24,321 807,
depreciation, $2,163,796), $3,115,022;-
at
other
$187,748;
and
$815,025).,
reserve
and
assets,
furniture
CHRONICLE
cost,
$31,$33,682,451; cash on demand deposit,. $508,056; dividends and
receivable;( $102,887; receivable from brokers for investment
interest
re¬
accounts
receivable (incl. $29,582 due from employees),, $501,167; investment
r(26,288 shares common stock c.ass B of American Business Credit
Corp., at cost), $749,154; real estate, at cost Less reserve for depre¬
ciation
FINANCIAL
,
297,831),
(generally
$8,153,149),
&
; '
' •
" .. BALANCE SHEET, OCT. 31, 1948
ASSETS—investments,, at market quotations, (average-
,
Government obligatiqns, $100,671;
due according to' contract in
S.
COMMERCIAL
THE
exchange,
remittance
tor
foreign
subscription^
auu
auvertisements
must
be
made
In
.
New
York
.
.
funds.
.
a
•
4
(2680)
THE
COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, December 27, 1948
4
with
Campbell, Wyant & Cannon Foundry Co.—Earnings—
the
operating income (net)-
Interest
received
and
Total
i,
Cost of
136,442
paid (net)
._i
Administrative
Provisions
Net
and
684,300
income
.'
$972,407
$1,124,593
—
517,388
517,388
——
$455,019
$607,205
344,925
$3.26
paid
Surplus for period
Capital shares outstanding
;—
$2.82
—.
Foundry
Steel
Ordnance
344,925
—
Earnings per share
♦Excluding
17,545,489
563,270
1,380,323
593,600
amortization
on
profit
Dividends
502,067
1,301,560
15,906,625
-
taxes
and Camp¬
in liquidation,
Co.,
BALANCE'SHEET,
ASSETS—Cash
SEPT.
1948'(SEE
30,
ABOVE)
♦
in
banks, $563,141; accounts receivable
$6,000),
$2,059,193; material
and supplies, $2,353,789; products finished and in process, $395,459;
patterns in process, $62,096;
funds (cash and U. S. certificates of
indebtedness) reserved fcr acquisition and improvement of production
facilities, $2,000,000;
investment in
wholly owned subsidiaries not
consolidated, $35,000; investments at cost (less provision for loss),
$36,363; land contracts receivable, $16,482; municipal bonds, $140,038;
property, plant and equipment (less provision for depreciation and
amortization
of
$3,426,253), $5,375,139;
land—plant sites, $111,905;
investment in real estate
(net), $171,142; prepaid insurance and other
deferred charges, $95,797; total, $13,415,545.
(less
provision
hand
on
and
accounts,
doubtful
for
ASSETS—Cash
U.
for
held
being
is expected to
the
LIABILITIES—Payroll accrued, $477,614; accounts payable, $911,435;
payroll deductions for government bond purchases, old age benefits
taxes and income taxes withheld, $52,719;
provision for Federal taxes
on
income, $875,222; provision for other (axes, $63,735; provision for
S.
BALANCE
hand
on
and
(at
benefits taxes, $55,421; provision for casting
returns, $181,358; unclaimed wages and unadjusted credits, $58,292;
capital stock
(548,000
no
par
shares),
$4,050,220;
earned surplus,
$6,717,087;
cost
of
2319.
P
stock,
capital
of
shares
3,075
168.
Dr$27,560;
Canada
Steamship
SHEET,
demand
SEPT.
deposits
banks,
$2,759,234;
and
$715,485;
ticket
$1
share),
per
capital
$479,083;
$5,601,679;
surplus,
168,
Operating
Oper.
exel;
Other
$25,875,089
953,662
13,679,845
155,755
retir.
res.
oper.
Other
income
1,868,461
2,937,624
2,457,204
150,000
125,000
1,625,000
1,500,000
$535,214
$5,764,159
424
88,256
Interest
(net)—
Offered—An¬
Ltd.—Bonds
Lines,
series
1948
of
The
large
amount
bonds
proceeds
will
the
issue
ships.
of
of
the
the company's
$5,421,373
154,734
140,689
1,822,835
161, p.
—V.
stock
towards the cost of two
now under construction by
substantially to the capacity of
applied
$394,949
$4,029,580
$3,695,098
period—
the
for
Balance
—V.
780,440
780,440
$3,249,140
—J,
168,
A
Oper.
and
Federal
980.
140,442
111,345
1,595,306
$200,887
$2,904,446
67,023
67,023
stocks-
$226,882
$133,864
$2,100,097
share
$0.13
$0.03
$1.24
com.
12,477,316
10,306,314
1,959,000
1,965,000
$4,530,236
$4,391,412
(net)
16,154,581
13,650,401
2,712,000
2,481,000
$6,115,799
the
ICC
of
from
5%
value
Dec.
Dec.
Int. and
services,
G.
the
year
dollar
of
other
Canadian
fixeu
expected
only
and
freight
will
from
rates
and
effective
made
low
of
year
had come
April
last
to
—V,
other
69,829
56,685
109,587
70,326
$4,448,097
$6,225,386
168,
1,382,179
1,328,427
1,773,812
1,801,803
$3,119,670
when, from a gross of $114,000,000 the
revenue
of
17 cents on each dollar after
operat.ng expenses.—V.
168,
2319.
p.
Central
$4,451,574
to
value
having
all
income
Earnings
1947
1948
after
per
charges
and
,485,620
234,270
$1.06
taxes..——
$3,680,528
$0.50
,
share—
common
authorized
applied
received
of
Gross
profit
sales-JA^lL-i-h,
on
Selling, general
and
operating
administrative
Total
i
charge—'nterest
Provision
for
Federal
interest,
,$3,122,630
2,921,795
2,700,412
$2,019,899
—
discounts,
_
$4,941,694
-Ji-:—
expenses
prof't
credits—cash
Income
1947
1948
discts., returns and allow..— $13,117,010 $10,475,412
sold—.—
__k——
8,175,316 ' ' 7,352,782
goods
$422,217
5,711
etc.__
13,660
$2,025,610
$435,877
—___-31,001
32,443
783,500
apply
to
the
in
stock
to
—
income
taxes
—
income
$1,211,109
Times pfd.
divs.
Number
common
of
Earnings
per
earned
shares
oustanding
4.33
30
432,680
out
at
its
____
$2.66
brought the
Oct.
The
29,
be
number
of
shares
common
outstanding
to
the
notice,
and
bearing
in
October
entered
into
several
agreements
first time enter
the
classical
music field.—V.
939.
rate
168,
such
the
Sept. 30,'48 June 30,'48
Passenger revenue—
$4,553,449
which
pp.
1899
9 Mos. End.
688,156
Express and freight rev.
460.611
Other oper. rev...
195,883
Mar. 31,'48 Sept. 30,'48
$4,513,593
721,559
365,129
126,277
revenue—
nection
__
Maint.
rev.
service
and
—
and
and
Depreciation
of
value
to
stock
of
the
on
road
the
outstanding
plans
stock
common
the
would
bondholders
of
held
to
committee
stock
common
25%
of
bonds
double the
to
and
274,368
be
shares
the
cut
reduced
to
of
compensate
$50
said
by
this
them
par
•
outstanding
and
par,
for
proposal
50%."
The
thoir
like
a
outstanding stock, and
than the Reading Co,
•
interest
"dilute
would
committee
the
by others
said
the
it
rep¬
than
more
50%
to
the
recapitalization plan
the
Mahaffie
to
which
Act,
that
holders
of
plan
any
is put before
the
open
75%
before
of
it
Period End. Nov. 30—
way
the
the security
for
become
can
holders.
Terms
of
reorganisation,
voluntary
a
securities
affected
effective.—V.
give
168,
their
p.
ap¬
2320.
Corp.—Earnings—
1948—Month—1947
Operating revenues
Oper. exps. & gen. taxes
Net
Int.
$500,250
$6,289,872
465,353
439,812
5,509,846
4,344,034
$96,704
$60,438
$780,026
$1,109,350
Drll4
468
1,927
$60,324
$780,494
$1,111,277
26,007
26,136
334,809
273i727
16,500
6,700
67,200
$27,488
$378,485
$562,350
13,092
13,092
157,102
157,102
$40,960
...
$14,396
$221,383
$405,248
other deducts,.
inc.
on
equiv.
spec,
Dr 145
$54,052
income
and
$5,453,384
$96,559
income—net-
Gross
1948—12 Mos.—1947
$562,C57
operating income.
Nonoper.
and
charges..
income
stock
__
div. require..
further
the
to
notes
275,200^
Dec;,
and
to
to
by
admin
Bank
the
$2,739,164 $11,806,206
724,748
2,134,463
378,168
1,203 908
96,801
$5,693,155
The
First
and
the
(
expenses
the
transaction
to
exceed
that
the
rate
end
will
file
Applicant
in
Applicant
is
shall
said
period,
the
period.
For
legal
and
con¬
clerical
the
issue
of
sale
financing
of
the
the
securities
of
business
the
Public
of
the
Utilities
share
one
subject
of
two
of
to
issue
par)
as
to
at
and
application
sell
price
a
with
cash
share
to
most
the
for
per
relation
be
may
offer
shares
the
SEC
the
303,330
to
be
market
advantageous
of
stock
its
to
stock,
common
shares''of
fixed
by
the
the
at
the
to
time
applicant.
stockholders
stock
right
for
sub¬
following basis:
to
subscribe
for
stated
right
for
to
subscribe
to
basis.
forth
posed
509,075
510,506
l,489,98g
of
—i
2,955,340
139,958-
—_
——
132,437
$1,339,738
._
$2,731,126
184,101
—.—
371,226
$1,573,840
...
$3,102,352
income
Net
133,036
—
3;334
$1,078,880
income
$2,046,217
,.566,040
Surplus
for
Common
shares
per
in
$153,980
the
in
the
of
and
in
$181,768
(Includes
respect
entire
at
to
1948
1947
income
of
operations
Cuban
$7.22
for
prior
of
production
from
cane
$114,826
in
1943
years,
of
net.
blackstrap
340,800,000
physical gallons)
was
placed in
Cuban
Sugar
Stabilization
Institute
by
Cuban
The molasses produced by the company Is valued
the
of
with
1947
(estimated
decree.
basis
$3.81
1948
consolidated.
marketing
Presidential
283,020
share
not
hands
$1,057,064
outstanding—
common
$233,759
♦Including
subsidiaries
—
,;389,153
$512,840
283.020
year——
Earnings
the
846,562
4,970
.
Dividends
and
203,239
356,954
.
taxes
income taxes—
S.
of
realizable value as estimated by its
officials, namely,
16.6c per gallon of 52%
total sugars, f.o.b. tank cars, Cuban
port terminal, less certain expenses and loss the statutory participation
on
the
cane
growers.
CONSOLIDATED
ASSETS--—Cash
may
desire
to
subscribe
be
not
for
by
232,076
of
the
303,330
shares
of
common
stock
condition that such shares be made available
on
stockholders of
all
the
applicant
on
the
at
estimated
of
$14,929),
the
banker
in
or
subscription
SHEET—SEPT.
30,
1948
on
growers
$191,842;
cost
paid
at
for
cane
at
value,
(less
$189,512, (less estimated sales expenses
at estimated realizable value, $28,861;
cost,
$681,780;
receivable from
interest and rentals, $114,769; growing
alcohol,
supplies,
average
advances,
investments, $427,632;- property, plant and equipment,
for depreciation of $1,275,795), $3,421,407; pre¬
and other deferred charges, $393,683; total, $8,818,513.
reserve
expenses
LIABILITIES—Acounts' payable,
in
$214,308;
estimated
amount
due
growers—1948
cane
crop, $157,474; accrued taxes, $433,767; other ac¬
liabilities, $26,175; unclaimed interest and dividends (see special
contra),
Cuba
on
$11,268;
$2,688,690;
$3,264;
sugar,
for
reserve
capital
estimated
freight
and
handling
molasses and alcohol, $72,010; deferred
charges
credits,
($9.50 par),
$727,935;, earned
contingencies, $250,000; capital stock
surplus
arising on consolidation,
total, $8,818,513.—V. 166, p. 664.
surplus, $4,233,621;
foregoing
period.
Nine
Net
Months
a
contract
with
an
Ended
Sept.
30—
1948
sales
Cost
of
1947
$15,936,857 $16,097,169
products
Selling, general
into
enter
sold
and
11,776,713
1,302,640
1,149,349
$2,857,504
$3,970,285
63,358
administrative
10,977,535
42,151
expenses...
investment
by
dealer, to be selected by it, whereby such invest¬
security dealer will agree to act as manager in the
it and
consultation
bv
members
with
the
the
of
applicant,
NASD,
of
chosen by such
subscriptions for
man¬
the
used
Other
income
-
—
pro¬
be
Operating profit
■,
A
■■
issue.
proceeds
applicant
First
528,326
were
used
extension
of
a
its
the
of
outstanding
Boston,
the
common
stock
short-term
proceeds
of
are
notes
which,
it
to
payable to
is stated,
9,
acquisition of property, the construction, completion
of
applicant's
facilities, and other lawful purposes.
1948, said bank loans aggregated $8,500,000, and appli¬
financial
additional
is
Bank,
the sale
for the
Dec.
cant's
from
reduce
to
National
rate
It
realizable
$896,604;
and
cane,
Total
As
and
hand, $2,184,898; special deposits,
contra, $3,264; accounts receivable, $94,923; estimated amount re¬
ceivable for 1948 crop blackstrap molasses sold, $378,848; sugar on
hand; including sugar sold, at sales values, $722,021 and sugar unsold,,
deposits,
negotiable.
BALANCE
banks
in
see
security
or
The net
by
2,925,736
expenses
Century Electric Co.—Earnings—
t$871,087
Conferences
rights
applicant proposes to
1,020,166
14," 1947.
applicant
issue of 303,330 shares of common stock will not be
Any shares not subscribed for by stockholders as set
will be disposed of in a manner to be determined after
above,
close
331,674
Jan.
5.341,918
propsed
ager
granted by the
permanent airmail
the
New
be issued,
solicitation
t$l,245,858 t$l,399,4l3
of
-
The
2,405,021
t$174,843
the
that
that
subscription
689,520
*
stockholder
any
England Public Service Co., owner of 77.8%
presently outstanding common stock, has waived its preemptive
proposed
337,095
185,120
and subject to the foregoing rights and
right to subscribe for any number of shares
the
which
proposed
is
the
832,640
to
U.
crued
is
of
ment
f$l,060,738
other
&
expenses
Cuban
materials
the
purchase.
2,855,549
196,145
shipping
depreciation
income
which
stock;
common
allocation,
common
958,010
retroactively
Other
of
amended
share of common stock; for each share of 6%
preferred stock,
right to subscribe for one share of common stock; for each two
shares of preferred stock, 3.50%
series,, the right to subscribe for
959,135
$21,302
,1947
$11,160,820
income
Total
.
molasses
and
the
The
♦Airmail revenue is based upon a
temporary
Civil Aeronautics Board
pending determination of
rate which would
apply
tOther
JThe
period of approximately 30 days on the
a
each
banker
$21,288
ior
income
Gross
The
in
company
of
to the Jurisdiction
reasonable
made
proposes
scription for
and
profit
Provision
at
note
$350.
purpose
an
to
($lo
such
offering
8,663,900
147,061
1948
4,222,521
molasses
and
cane
Manufacturing,
follows:
as
proposes
stock
applicant
the
filed
summarized
common
2,509,909
$168,349
Subs.)—Report—
an
of
any
the
consist
case
interest,
of
five-day
of
to
in
Commission
the
said
that
states
has
company
be
may
3,033,908
470,408
*
(&
J$8,677,954
♦Cost of
proposed
that
delivery
unless
within
that, until
notes
ahd
company
new
and
at
the
Boston
annum;
amount;
stating the
execution
contrary
of
has
Proposed Stock Issue—
418 961
$3,938,881 $15,563,538
S. A.
Sales
about
<the
,
Central Violcta Sugar Co.,
at
the company
short-term
per
such
company and are not subject
Commission of Maine.
3,120,083
882,861
351,397
2320.
p.
The
outstanding
of
be
the
Commission.
that
1948;
effective
proposed
for
to
proceeds
order
168,
Years Ended Sept. 30—
Uran
company
proposed
had
the
order
net
stk.
proceeds
other
the
this
company
on
rate,
the
not
of
stock
before
to
this
the
common
2V4%
the
states
solely
are
be
exceed
to
of
aft., pfd.
requirements..
div.
—V.
shall
as
the
$8,500,000, the amount author¬
Aug. 31, 1948, and that, to carry
company will be required to borrow
rate
interest
application
938,404
repairs
Oper. profit (or loss)
Other inc. deducts, (net)
Net
annually,
shares
rate
,
that
renew,
of
the
will
become
estimated
expenses
pas¬
oper
Traffic, sales, advertis¬
ing and publicity——
General
$5,931,502
expenses:
ground
date
payable
application,
new
with
The
shall
shall
underwritten.
Operating
of
$1,000,000 in
prior
It
.
senger
interest
correct, the stockholders' committee may be
its plan for'a conference- to decide on terms "less
stockholders," since an ICC examiner has recommended
Reading Co. be prohibited from voting its holdings when
sacrificial
Balance
or
sums
from
securities
intention
the
notes
program,
company
application
to
-Quarters Ended-
Flying,
change
aggregating
interest
its
It
Total oper.
the
that
of
the
pending
Commission
renewed
days
amendment
Capital Airlines, Inc.—Earnings—
♦Airmail
is
sale
now
Boston
the
the
-
or
to
five
notify
issue
by such
notes
sale
short-term
and
states
additional
an
issued
,
to
one
corporat:on
for the
of
the
from
It
its
of
issue
short-term
Bank
interest
least
471,540
a very favorable bearing on its future, Glenn E.
Wallichs, Pres dent, said.
Through them, Capitol not only will broaden
its
distribution in international
markets, but will enrich its catalog
1478
period
1949.
further
amendment
1948.
«re,itXE,ec''ec* *.° ^ave
and
protested
company
through
tax.
excise
NOTES—Eecause of the larger earnings Working capital has increased
materially this year.
On Sept. 30 last, it totaled $2,204,748, against
$977,250 on Dec. 31, 1947, and $1,004,021 on Sept.
30, 1947. 'Of the
increase
to Sept. 30 last,
$20,000 took place when holders of the 5%
subordinated convertible notes, due Nov.
10, 1948, converted into com¬
mon
stock.
A further
working capital increase occurred in October,
when $290,000 of notes were
converted into common stock.
These con¬
of
the
construction
further
The
versions
31,
reduced
short-term
of
from
understanding with The First National
to
$0.45
the
in
order of
least
request
430.000
Sept.
share——..
common
$253,151
20.70
(30,000 shs. outstdg.)..
♦Including charges to customers for
as
voluntarily
representation is
put
Issue—
company's
automatically
reduction
proceedings
1S48,
7,
by
be
to
reduction
from
National
ized
approved
company
March
proposed
Net
to
plan
the
.
common
the
this
Pfd.
Power Co.—Note
10
the
the
notes
including
150,283
—
to
by
short-term
an
9 Months Ended Sept. 30—
♦Gross sales, less
Net
Group Op¬
of
-
including March 31,
1949, short-term notes,
i.e., notes
maturity of nine months or less, aggregating (together with
short-term
notes
outstanding)
$10,000,000, such maximum
a
other
amount
Dec.
on
application
$5,103,351
Income
*
\
$1.54
'
stock.
the
3 V* %
(he
stockholders'
of
the
If
and
up
Dec.
3 Months Ended Sept. 30—
4
company's
reduce
to
that
issued
The
$4,108,952
v
Maine
SEC
received
Sales
Cost
$3,217,886'
_
2004.
p.
The
be
notwithstanding the increased
8, he said, comparing it with
Capitol Records, Inc. (& Subs.)—Earnings—
Net
_
804-412
-
$2,608,091
-
resented holders
$5,910,755
deducts..
income
company
-
the
outstanding
means
amount
Net
ex¬
meet
1933,
net
a
operating
bond interest,
shareholders. This gross
operations
and a fair return to
be approximately $350,000,000.
realized
company
deducting
after
have,
rail
charges,
to
record
taxes
4%
stockholders
for
common
to
half.
$100 par
are
fraction more than six cents left from each
a
earnings
gross
This decrease in net revenue
the
costs
railways
MacNamara,
A.
company
and taxes,
penses
today are far out of
allowed to charge
Vice-President of traffic, said
transportation
and
which
price
Net
'
17.
This
is
the
their
for
on
operating
with
22
and
plan
of
in
This
committee
bonds
the
number
$5,840,429
-
$4,600,065
__
income
804,349
Plan—
1948—12 Mos.—1947
tax
income
Gross
1,447,824
$3,412;503
-J
2222.
Taxes based
Railway
com.
p.
Under
$24,982,380 $21,971,830
income
oper.
Other
Canadian Pacific Ry.—Net Revenue Decreased—
line
—:
—
Central Vermont Public Service
1948—9 Mos.—1947
taxes__
income
35,969
$4,860|327
Co.—Earnings—
$18,966,552 $16,662,726
revenues....
exps.
35,353
$4,499,752
deducts—
protective
proval
Central Illinois Public Service
Operating
1,165$312,232
requirements.
168,
require
ships,
add
$2,914,658
2319.
p.
1,700
$293,905
for
poses
of
pfd.
to
1,794,224
$4,824,358
$434,347
Central RR. of New Jersey—Stockholders'
1,726,275
$367,149
applicable
Net
be
These
will
company,
lleet.—V.
$5,852,415
de¬
other
(net)
the
maturity.
before
$535,638
(net)
Period End. Sept. 30—
new
$140,000,
freight
bulk
new
subsidiaries
of
$521,883
income
Divs.
offering in
issue will commence on Dec. 15,
payable Dec. 15, 1949-56, inclusive
and $200,000 per annum payable Dec. 15, 1957-66, inclusive.
The sink¬
ing fund will be sufficient to retire more than 97% of the entire issue
sinking fund fcr this
the
and
ductions
etc.,
Earnings per
42,859
approp.
income
income
div.
equity
Gross
10,461,193
"
$5,378,514
23,840
$17,079,775
t
1,698,816
215,193
$498,043
revenues
Net
211,934
247,409
income
income
income
Bal.
$21,846,092
10,811,558
_
j.
v
1948—12 Mos.—1947
$2,041,003
taxes..,
taxes
Prop,
bitt Thomson & Co., Ltd.
in
$4,454,399
terms
1,328,496
taxes_
income
' ' ''
1948—12 Mos.—1947
$311,067
Pfd.
payable,
$2,379,703
revenues
exps.,
1948—Month—1947
-
$432,647
operating
to
Federal
.
1.957,003
-
1943—Month—1947
The
issued
be
'
154,877
Net
Carolina Power & Light Co.—Earnings—
Period End. Nov. 30—
stocks.to
170,707
Interest,
earned
1141.
p.
determined.
income)
Gross
$2,838,729;
$14,730,246.—V.
total,
construction
and
13,635,399
Non-oper.
$359,826; unearned transportation revenue and
liability, $254,435; 15-year 3Vz% convertible income de¬
(deficit),
surplus
1949
securities
1,133,868
due Sept. 1, 1960, $9,850,000; accrued interest on debentures,
reserve for uninsured
losses, $166,659; common stock (par
$689,500;
its
bonds
$20,053,801
Net
accounts,
refund
bentures,
value
accounts
$4,000,000;
of
types of
$1,599,812
employees
card
travel
banks,
payable to
liabilities, including payrolls, $596,118; transportawithholding taxes, etc., $382,090; deposits on air
accrued
taxes,
for
1949
the
COMPARATIVE INCOME ACCOUNT
revenues
eral
deferred charges, $397,551;
unamortized debt
and other assets, $240,877; tctal, $14,730,246.
LIABILITIES—Notes
yet been
funds
in
and
Operating expenses —1,309,506
(other than Fed¬
and
expense
provide
Taxes
parts purchased for flight equipment, orders for which
cancelled, and other property and 'equipment not in use,
$1,860,355;
property and equipment (after reserve
for depreciation
of
$7,034,206), $5,406,683; uncompleted property additions, $200,614;
investments in and advances to airline service organizations, $55,596;
expenses
'
'
to
and"sale
issues
$1,912,860
been
prepaid
"
1
and
issue
such
have not
Operating
able
$3,000,000 first mortgage bonds
4% 1948 Series, due Dec. 15, 1966, at 99% and interest
to yield 4.05% by the Wood, Gundy Corp., Ltd., and NesAn annual
'
replacement
discount
sold
>'
1948
the
of
Period End. Oct. 31
. lVa%
notes, series A, due Jan. 1, 1949, $1,000,000;
receivable, $1,662,116; maintenance and operating supplies
$343,224; inventories of replacement parts (after reserve
olescence
of
$377,575),
$803,b9o;
engines,
equipment
and
ob
have
total,
the Canadian market of
1949,
by
1948
30,
in
..-
made Dec. 14 of the public
was
of
and
Treasury
Net
nouncement
end
amounts
exact
cost),
for
the
requirement
tNet loss.
old age and unemployment
$13,415,545.—V.
at
be made
accounts
tion
bell, Wyant and Cannon Engineering Co., inactive.
CONSOLIDATED
presently
are
permanent .rates
'
CONDENSED
Dr33,129
$19,276,259 $21,297,974
—
selling expense
Federal
for
Board
such
during the next few months.
161,596
7,222
.
_
produces sold
Provision for depreciation and
of
$19,132,596 $21,169,507
.
Other
1947
1948
Aeronautics
Determination
rate.
Nine Months Ended Sept. 30—sales
Net
Civil
of determining a permanent retroactive and continuing airmail
purpose
(♦Including Subsidiaries)
the
program
borrowings
intention
in
of
for the
the
the
remainder
amount
applicant
of
to
of
the
year
$1,500,000.
pay
off
'
'
bank
1948
■
loans
requires
Other
Depreciation
Provision
Provision
existing
^
—$2,920,862
1
—
„
for
i
inventory
for taxes
on
2.
83*679
600,801
.
reserve
income
$4,012,436
89,779
.
470,906
150,000
200,000
859,000
—
(est.)
1,331,000
1
1
'
"
T
Net
1*
profit
Capital
•
income
deductions
Earnings
shares
per
—
*
$1,221,232-
outstanding
share
$1,926,851
528.328
.
499,655
$2.31
$3.86
Volume 168
COMPARATIVE
SHEET
BALANCE
ASSETS—
Cash
1
Accounts
;
5,581,329
166,825
(net)__„__::
Inventories
Recoverable Federal taxes
:
income-,.
on
29,394
passengers
Balance
to
—V.
goodwill—.
1
$40,033
surplus—
2321.
p.
Months Ended
9
sales
•Net
Total
&
Total
____________
Trade
and
Salaries,
other
accounts
I
127,622
$965,355
255.,997
146,842
17,858
PayrplL and withholding taxes accrued
Employees' accounts—pensions, etc
_
Contribution to salaried employees'
profit shar¬
ping investment trust
1__
Accrued interest
and
Long-teim
55,196
403,400
for workmen's
Resorves
claims
compen.
21,667
550,000
32,168
appropriated
exps.Ji
price decline
invent,
for
Reserves for. taxes on income,
Capital, stock-,(par value $10
Earned
and
(est.)
Raid-in
/___
surplus
1,
June
been
appointed
—V.
—V.
168,
1252.
p.
"
Cab
Manufacturing Corp.
Period End. Sept. 30—
Net loss
Capital
from
=>$58,164
$$119,777
stock,
common
433,444
433,444
433,444
Nil
Nil
}After
crediting
dividends
Transportation Co.—V. 167, p.
of
1947
$4,101,799
8,215
7,836
89,929
claim_„__
goods
Gross
del.,
Provision
-
•Provision
and general
for
Common
losses
Earnings
3%% promissory note, due.serially to Dec. 1, 1963.
and
of
the
increase
loan
will
working
be
used
capital.—V.
retire
to
168,
bank loans
of
$2,400,000
237,416
outstanding_____________
317,156
266,315
$1.25
$1.37
000;
'
'•
?
-
.
Railway
U.
S.
&
.
oper.
ASSETS—Cash
income
1.704,080
1,561,435
21,502,678
20,607,677
(less
1,758,314
16,117,393
18,094,565
assets
43,551,356
40,484,342
1,838,558
2,588,101
28,994,353
33,712,020
share
$0.23
$0.32
$3.63
$4.24
number
On
of
of
merger
allowing
for
shares
outstanding
Chesapeake
preferred
NOTE—There is included in
at
Ohio
and
ends
and
November, 1948,
a
533;
$71,427;
:
net income
share
period to Nov.
before
such
this
deduction
stock.
deduction of $936,300
$2,774,358,
was
equal
tized
deduction
was
$34,612,153,
$4.35 per share
or
taxes
—V.
shares
on
sold
at
168,
$286,313;
each, $19,342),
1579.
p.
results
of
operations
of
its
wholly-owned
bonds,
due
H,
series
Co.
Trust
was
-
New
York,
1,
Dec.
Dividend
income—•From
1973,
has
the
for
trustee
authenticated
bonds.—V. 168,
these
y ■
Richard
respective
stock
poration.
owned
The
37a%
delivered
Interest
have
Gasoline
Acquisition
all
the
of
will be
Co.
capital
under
and
owns
Warren
of
management,
Warren and Chi¬
gasoline plant
in the Conroe oil field of Texas and currently is producing approxi¬
mately 45,000 gallons daily of natural gasoline and liquefied petroleum
gases.—V,
168,
operates
a
,
Reidy,
$8,660,770
161,175
W\i'-
•
i.
Vi1
=>'
..v'
30,
depletion, depreciation, and amortization
ended Sept.
30,
for
of
The
consoli¬
Cost
Assistant Secretary since
1941, has been
for 22 years.—V. 168,
named
p. 2428.
of
sales
sales
..I
Selling and administrative expenses
Property, franchise and other'taxes____
Federal
and
State
payroll
404,198
83,869
70,891
tfixes
107,560
119,100
$4,850,350
Net
Ended
Sept. 30—
profit after Federal income
tax
$1,240,331
Earnings per share—___________
Quarters Ended—
Other
1947
1948
$5.28
$1,540,448
$6.56
$601,491
$2.56
Net
profit after taxes___
Earnings per share
$429,433
$389,501
$421,397
$1.83
;
566,620
V;
$5,416,970
$1.66
"A$
the
to
fourth
on
of
quarter
Nov.
8
stated
in part:
and year-end inventories plus
to slow orders.
•Based
per
State
income
taxes_
on
750,000
for
both
periods.-
the holidays always have
C.
W.
Metcalf,
The
R.
field
with the evident purpose of laying pipelines and putting the weils
production—depending of course on tne results of the tests. The
company has a modest interest in the field."—V. 163, p. 1039.
CONSOLIDATED
into
•Net
to
report
probably
Sales
Operated
&
1948—3 Mos.
rentals
•Net
$5,405,106
profit,
tEarnings per com. shr,
——
•After
shares
charges and
preferred
after
147,730
1948—9 Mos.—1947
50
52
1,011,699
$2,016,016
$4.59
$2.69
V.
$0.13
$0.33
$0.11
NOTE—Provision
necessary
figures
the
sale
do
of
tor
Federal
income
taxes
is
believed
to
be
because
of deductions
allowable
for
tax
purposes.
not include adjustments to surplus account arising
real
estate
and'other
similar
items.—V.
168,
p;
2321/
un¬
The
from
f-' '
Other
members
Trust
&
located
are
Co.
at
of
Chattanpoga.
by the
two
companies
occupy
Monongahela,
a
substantial
the
in
volume
of
principal
business
cities
of
outside
Latin
the
U.S.A.
and
America
and
through the following subsidiaries: The Superheater
Montreal; Combustion Engineering Corp., Ltd., Montreal;
of
Engineering-Superheater, Inc.—Merger—
Engineering Co.,
Inc.
Southern
above.
Corp.—Weekly Output—
20,130,055
6.12%.—V. 168, p. 2540,:
or
167, p. 2683.
:',i
.
9 Mos. End. Sept. 30
1947
1948
1947
$272,763
$250,117
$233,442
$216,418
outstdg._„_
299,954
$0.91
299,954
$0.83
299,954
share,
after
shrs.
per
—V. 167,
income
com.
p.
$0.78
299,954
i.
$0.7?.
2429.
'
E.
announced that System output of electricity
The company on Dec. 22
(electricity generated and purchased) for the week ending Dec. 19, 194P
to 237,900,000 kwh., compared with 237,000,000 kwh. for
amounting
corresponding week of 1947, an increase of 0.4%. Local distribu¬
of electricity amounted to 226,100,000 kwh., compared with 217,kwh. for the corresponding week of last 'year, an increase of
3.7% —V. 168, p. 2540.
the
tion
EARNS.
FOR
THE
12
MOS.
ENDED
SEPT.
•
after
■_
taxes
1948
Consolidated Retail Stores,
y,y84,250
9 Mos. End. Sept. 30—
•
3,971,083
;
v
30,
$78,055,709
charges
Net
profit
$6,013,167
Common
shares
Earnings
per
•Before
outstanding
common
sales
discounts
of
Bottling
$7.66
$2,245,605.—V.
Net
Co.
of
N.
Y.,
Inc.—Loan
the
terms
of
the-loan
the
$1,500,000 additional by November,
company
has
the
^
right to borrow
1949.—V. 167, p; 2683.
v-'
;
shares, outstog.
com.
per
•Includes
Placed
,
Under
2,016,655
1,109,160
3,160,241
1,738,133
2,800,602
2,100,452
$985,606
etc._
taxes,
profit
Com.
1)38, p. 1142.
Privately—Company has consummated a $4,500,000 loan
from the Metropolitan Life Insurance Co., the proceeds
to be used for general corporate purposes.
^
_
'
1945
2,190,235
1,204,629
charges-
after
Earns,
Coca-Cola
1946
1947
$24,404,343 $21,701,691 $22,733,863 $17,700,146
sales
•Income
Inc.—Earnings—
1948
J907.495
370,361
$2.21
$1,422,108
367,361
$3.68
$700,150
362,361
$1.76
699,601
share___
$0.81
stock.
Bank
and
representatives
profit
Earns,
President, Etc.-—
sales
Profit
$5,613,300 $15,827,733 $16,467,800
303,344
240,132
776,028
ordinary taxes.
fBased on
772,202 common
dividends on 36,974 shares of 5V2% preferred
Corp.
Santry,
company;
manufacturing plants owned
acres
taxes
Cluett, Peabody & Co., Inc. (& Subs.)—Earnings—
Net
1947
as
also
is
weekly kilowatt hour output of electric energy of subsidiaries of
adjusted to show general business conditions of terri¬
Frofit
52
50
______
serve
Allen
900,000
(& Subs.)—Earnings—
Period End. Sept. 30—
will
1948
no
Income
Units
new
10 Mos. End. Oct. 31
Net
before next
Childs Co.
Mr.
Compo Shoe Machinery Corp.—Earnings—
168, p. 2428.
little
is
other
or
tory served for the week ended Dec. 16, 1948, amounted to 349,283,156
as
compared with 329,153,101 for the corresponding week in 1947, an
formerly Vice-President, has been elected President,
Clizbe, who has been elected Vice-Chairman of the
board.—V.
there
debt
Consolidated Edison Co. qf New York, Inc.—Output—
Clinton Industries, Inc.—New
succeeding
still
is
Combustion,
Committee.
Lima-Hamilton
Joseph V.
the
9,912
1,301,326
I
shaves
funded
no
this corporation
360,859
$3,444,289
share__.
concerning oil and with winter ap¬
chance, for more exploratory work
spring. For some weeks now the lessee of the Killens Ferry
checkerboard has been testing the five gas and distillate wells in the
"There
proaching
National
Ltd.,
Com.
•Earnings
1948,
model changes,
tendency
and
25,839
645,516
Net income for the periods
Chairman,
indications now are that it may
not equal the averages of the first nine months.
October business and
results were good but November and December may be somewhat slow
due
to customers'
operations.
Many of them are in the process of
a
Federal
of
Executive
the
of
of
Commonwealth &
$1.79
__
'
J. F. Griswold,
board
include:
$3,398,487
Total
Interest expense, less interest earned.-..^
Depreciation and depletion
for
be
company
Chairman
the
of
President
See Combustion
386,298
income
Provision
new
$3,012,189
1946
Sept. 30,'48 June 30,'48 Mar. 31,'48
the
board
Orient,
increase
Months
Nine
and depletion
the
Engineering de Mexico, S.A.; Combustion Engineering LimiThe Superheater Co., Ltd., London; The Superheater Co.,
Ltd., Sydney; Compagnie des Surchauffeurs, Paris; and Stein et
Roubaix, Paris.—V, 168, p. 2224.
8,428,898
630,177
1
;
name
1947
16,480,424
JL'____.
the
outstanding
tada, Brazil;
$22,152,379 $12,035,275
...
shares
Pty.,
,
1948
(net)
under
1948,
Combustion
•
Sept. 30—
merchandise
Operating profit before deprec.
Chicago Mill & Lumber Co.—Earnings—
and
Combustion
and
31,
978,316
There will
merger.
Chairman
be
115
Co.,
1948,
Ended
Dec.
with
outstanding.
companies do
the
applicable
Months
Effective
Vice-President, Guaranty Trust Co. of New York;
Poor, Chairman, Poor & Co.; and Scott L. Probasco,, Chairman,,
through
for
tTotal
Clinchfield Coal Corp.—Earnings—
,
Inc.—Merger
Pa.; Chattanooga,
Tenni; Chicago; East Chicago, Ind.; and St. Louifj,, Plants operated
by subsidiary companies are located in Canada, England and France.
$6,482
the
the
shares
of
of
new
will
Domestic
were $1,759,210
(including cost depletion in the
applicable to sales of real estate and timber)
of
amount of $358,648 was charged to surplus aris¬
ing from adjustment of properties for Federal income tax purposes.—
V. 168, p. 1141.
V,
which
the
some
provisions for
the period of nine months
1948.
Co.,
Broderick W. Haskell,
$6,507,130
subsidiaries amounted to $413,502
in
1,200,000
Superheater
as
American
'{•-••*..■'■ f.
.'I
security transactions)_____4_x__
Sept.
and
payroll
city, State and sundry Federal
withheld for bond purchases, $3,822;
effective
becomes
of
of. directors
of
serve
Fred A.
2,175,735
-
a__
4«*The company's proportion of net profit of subsidiaries not
Nine
Secretary. He has been with the company
>
accrued
accrued
President of Combustion,
Harold H. Berry, VicePresident and Treasurer of Combustion; William H.
Bourne, Trustee
of the
estate of George L. Bourne (deceased);
O. W. Floyd Coffin,
Vice-President of Franklin Railway Supply,
Inc.; John E. Dixon. Presi¬
dent of Lima-Hamilton Corp.; George F. Goetz,
Jr., President of Globe
Corp.; William B. Given; Jr., President, American Brake Shoe Co.;
1948
natural
Chicago Great Western Ry.—New Secretary—
TV
of
A-
Coal
Edward
of
30,
consolidated
incoine_i___^_
on
dated less dividends
paid by such
the period of nine months ended
844,
p.
taxes
(exclusive
profit
amount
•
operated
of directors composed equally
representatives.
Gasoline
their,;
already owned by the Warren cor¬
Chicago Corp. ywas through a wholly-
board
a
Warren,
Federal
$115,095;
expenses
will be^made up of 12
and will hold office until the first annual meeting of the stock¬
of the new oompany on April
12, 1949.
Frederic A. Schaff,
holders
contingencies.^.300,000
for
payable,
funds
Engineering
securities
board
President
1,643,150
/,■>
■'
; f. •,»-
K.
outstanding
.
company
corporation
Midland
W.
Provision
Net
not
the
by
.
and
announced on Dec., 17 that
purchased
Co.
SEPT.
security transactions
not
$8,980; prepaid
total, $13,718,240.
$116,341;
Chairman, and Samuel G. Allen, Chairman of the board of Superheater,
—$10,465,095
long-term debt
88,150
for depletion, depreciation and amortization...
1,394,080
on
tProvisions
2540.
■••
corporation;
subsidiary.
Midland
subject to
cago
,
this
Petroleum Corp.,
corporations
Midland
of
.
President of
Wagner,
President of Warren
and
of
Engineering-Superheater, Inc.
approved
persons
com¬
Total income
new
and
p.
Acquires Stock in Natural Gasoline
jFirnw-
inc.
subsidiary
ENDED
MOS.
others
Provision for
Chicago Corp.
NINE
indebtedness,
invest¬
$3,000,-
municipal obligations at amor¬
1948—$2,219,645), $2,192,471; ac¬
10,
operations,
employees'
consolidation
The
will
;
of
$40,000,000 principal amount of
FOR
Oct.
$132,785;
expenses,
senior
who
EARNINGS
certificates of
miscellaneous' investments,
Capitalization
•
Total income exclusive of div.
From
Trustee Delivers Bonds—
Guaranty
CONSOLIDATED
short-term
value,
future
to
$228,848;
The
Cleveland-Cliffs Iron Co. (& Subs.)—Earnings—
subsidiaries,
& O.
The
(market
Combustion
on
$4,375
.
payment
cash
The merger of this corporation and The SuoWieaier
Co., hoth with
headquarters in New York, was approved by stockholders on Dec. 22.
317,156 shares outstanding (add additional stated value
from
conversion
of
preferred stock
of
$214,778), $531,936;
surplus, $192,118; earned surplus, $926,532; total, $3,819,805.
paid-in
earnings per share for the 11 months ended Nov. 30, 1948 were
$3.98, and net earnings per share for that period before deducting
the unusual tax charge applicable to prior years operations were $4.70.
,
Federal
These
Government and Connecticut
Chairman
the
Including
'I
for
Treasury
Combustion
$165,-
stock,
arising
the com¬
on
discount
mon
to 35 cents
The
corresponding deduction for the
1S48 was $5,617,800. The net income for the period
30,
trade,
payable,
payables,
Stock. "
mon
■C.
before
common
on
provision
$82'6,870 in 1947.
$3,819,805.
accounts
and
wages
extraordinary
fExcluding
and
1948
charge to reserve for contingencies.
a
contingency reserve
for
plant
rehabilitation
and
other
anticipated
extraordinary expenses, $231,709; capital stock ($25 par), $5,000,000;
surplus, $8,076,525; treasury stock (3,000 shares at cost), Dr$70,544;
total, $13,718,240.—V. 168, p. 446.
income, 1948, $250,109; pay¬
due April 15, 1949, on 15-year 5%
debentures, $50,000; 15-year
5%
sinking fund debentures, $650,000;' unexpired maintenance con¬
tracts, $37,119; preferred stock, 61,131 shares outstanding (less amor¬
accrual for one-seventh of possible deficiency in income
excess-profits takes for the years 1939-1945, and interest thereon
Dec. 31, 1947, less potential income tax saving on such interest.
to
salaries,
sundry
total,
$300,000;
(net).'
$379,793 in
offset by
$69,681;
sundry
ment
and
per
loan,
S.
cost
taxes,
,
charges, $155,919;
tax
refunds
tax
otf
LIABILITIES—Accounts
commission, $122,849; other accrued
$26,062;
taxes
payable, other than
Federal income taxes, $151,248;
provision for possible losses on War
Assets claim,
$58,560; provision for Federal taxes on income, 1947,
representing
The
deferred
and
expenses
Marquette,
,
and
accrued
S.
chargeable
of
$34,291), $1,065,725; prepaid expenses and
investments, $32,712; property, plant and equipment
for
depreciation
of
$423,644),
$1,315,616;
intangible
reserve
State
BALANCE SHEET, OCT. 10, 1948
income,
■
$65,616
LIABILITIES—Bank
respective
of
Pere
requirements.'
dividend
;
30,! 1948
SEPT.
and on hand, $246,857; accounts receivable,
for doubtful accounts
of
$25,000), $736,099; ac¬
affiliated companies, $87,073; War Assets claims,
receivables, $24,2b0; inventories (less reserve for in¬
other
3,324,603
after
'•
•,
,
SHEET,
adjustments
3,749,988
cam.
..
special amortization
to reserve for
in banks
ventory
and
$1.09
approximately to the net amount of
refunds,
flncludes $305,709 interest
receivable—trade, $634,307; miscellaneous receivables and ac¬
cruals, $21,821; inventories—priced at cost or cost standards, n3t in
excess
of
market
(less reserve),
$2,939,346; plant and equipment at
cost less reserves, $2,992,757; refund of prior years Federal taxes On
reserve
$89,929;
■
•
1,513,412
"•Calculated
after
"•
308,558,016 285,819,864
on' Federal
197,000
,
$0.72
counts
receivable,
supplies,
taxes
oper.
per
periods
and
S
1
■
27,696,489
_______
railway
Net
•
$
28,072,879
(less
counts
inc.—
railway
Net
•Earns,
trade
1948- -11 Mos.—1947
inc.
profits taxes
excess
Other
$
■
revenues
and Canadian
$2,448.
:__
2
charged
BALANCE
1948—Month—1947
:___
share_
common
to
U.
$7,930,837
197,000,
,
■'
equivalent
1947
;
ment—U.
$387,363
taxes_-_-___-
;
taxes
247,661
deducting portion
amounting
22,
received
•
344,750
350,000
qontingencies
ASSETS—Cash,
$1,509,866;
special cash deposits for
and employee bond purchases, $232,670; temporary
1__
tized
148.
p.
Chesapeake & Ohio Ry.—EarningsPeriod' End. Nov. 30—
,
per
•After
Oct.
were
_
$410,521
income
$8,625,587
—"/•••
share
per
for
outstanding
and losses
V'"'.'',
1,200,349
58,560
_____________
Federal
$1.75
share...
expenses
$1,825,127
34,290
War Assets claim.
on
A
shares
of
reserve
$8,076,525
Federal
on
2,284,887
1,984,307
expenses——
adjustments--—
inventory
income
Net
to
per
interest
$4,110,014
$4,734,165
1,998,825
^
admin,
for
$214,886
8,410,701
$8,076,525
-
dividend
•Paid
Cherry-Burrell Corp., Chicago—Note Placed Privately
—The company announced Dec. 20 the sale privately to
Prudential Insurance Company of America of $4,000,000
Proceeds
surplus
Earnings
_-_r-
$2,735,340
for possible
$141,707
Capital' shares
"•
Prov.
4,629,087
177,138
6,251
7,934,818
expenses
sold__
profit
Selling,
received
$267,472
2576.
of
>,
_____
,
Surplus
1948
$4,636,399
Sept. 30—
Nil
Cost
189,943
—
1
Jan.
Total
433,444
$0.16
Assets
assets.
income
•Special
'
War
=>$148,520
tProfit.
Parmelee
for the
agent
less discounts, returns and allowances.
income, recoveries and losses, net—____
Misc.
•Includes $111,740 Federal tax carry-over credit in both periods and
also
includes
dividends
received
from
Parmeleq
Transportation of
$356,629 in the nine months period and $89,157 in the three months
period.
transfer
5,403,742
admin. expenses_____
and
plant
$5,027,361
$5,735,392
;
selling
of
expenses.
Surplus,
N. Y„ has
par value $1.
•
outstdg.__
share
per
Inc.—Transfer Agent—
2224.
p.
9 Months Ended
Sales,
1948—9 Mos —1947
t$68,572
sales,
Broadway, New York,
176
Co.,
Clary Multiplier Corp.—Earnings—
Subs.)—Earns.
(&
1948—3 Mos.—1947
shrs.
Earns,
168,
$5,656,312
79,080
—
income
of
Sundry
2116.
p.
Trust
&
Oct. 5, '47
$4,619,084
t408,278
Oct. 10, '48
income
Depreciation
Transferred
'
Checker
Cost
$-16,049,946 $14,799,720
*
_____
of
168,
Clarostat Manufacturing Co.,
Guarantee
Co.—Earnings—
-
tNet
286,474
;
Total
168, p. 2540.
Total
York has been
appointed trustee,
under
indenture dated June
1, 1948,
$6,000,000 Vk'/o
sinking fund debentures,
New
___—
Title
Pri¬
Sold
Co.—Debentures
Sales
of
issue
an
,
40 Weeks Ended—
agent
1963.—V.
$4.84
~
Power
Colt's Manufacturing
in 1943 $6,727,113
taxes of $7,689,089
175,979
,
,
.
Co.—Trustee and Registrar—
Co.
paying
for
due
'3,824,276
286,728
surplus
Trust
and
providing
5,178,590
4,746.4G8
share)
Guaranty
registrar
400,000
859,000
5,283,280
1948
year
a
V.
1584.
p.
Clark Equipment
297,500
_
167,
1,262,099
$3.69
—
share
Central
Miscellaneous
1,250,000
Debenture notes
Res.
1947.—V.
2,007,637
1,250,000
income
on
outstanding
common
•After Federal and State excise
23,81*2
511,080
______
taxes
payable
Earnings per
$4,949,879
1,260,899
$3.93
113,811
90,000
__
State
note
shares
Common
in
__
Federal
*
318.357
.289,455
$4,655,018
!
,,
tAfter class A dividend
taxes,
Federal income
and
expenses
Colorado
4,241,650
251,399
_______
$6.75
vately—The company has sold privately to Northwestern
Mutual Insurance Co. $600,000 3 7/b% sinking fund debs.
Proceeds
will be
used to
expand surburban area operations. 'The
issue has the approval of the Colorado Public Utilities Commission
295,212
3,433,680
___
_______
profit
Net
316,193
_______
—-
taxes
r__
share
com.
1945
$983,425
1946
$980,730
174,686
$4.87
1947
$62,410,158 $52,960,728
8,656,290
9,776,196
________
»
Minority interest
531,231
__
accrued
per
171,534
requirements.—V. 168, p. 1900.
1948
!
;;
:
Income
•
15,917
payable
bonuses
and
wages
'
$1,000,000
„
.
'.''
,ii
_
.
payable to banks.;
$14,799,720
$16,049,946
______________
LIABILITIES—
Notes
tEarned
''
Sept. 30—
revenues-.
income
Interest
•
'•
'
'
1947
$971,763
173,253
$4.86
$1,285,575
shares.
of com.
5
Corp.—Earnings—
1948
profit
Number
•After
5,196,306
103,467
1
136,279
168,
•Net
10,614,118 113,643,637 119,306,385
$94,825
$32i,696
$644,299
10,027,899
___
City Ice & Fuel Co. (& Subs.)—Earnings—
58,267
6,679,594
Deferred charges
and
Revenue
11,000
,___
Patents, trademarks
Coca-Cola International
Quarter End. Sept. 30—
1948—11 Mos.—1947
1948—Month—1947
166,825
—-
Sundry notes receivable
Sundry receivables, deposits and advances
Property, plants and equipment (net)
(2681)
CHRONICLE
FINANCIAL
&
Ry.—Earnings-
Period End. Nov. 30—
$1,420,279
2,916,673
4,937,902
$1,651,712
1,793,812
_____
receivable—trade
Street
Cincinnati
Sept. 30,'48 Dec. 31,'47
__
COMMERCIAL
THE
Number 4763
items.—V.
provision
168,
p.
-
share.
for
-
On
Nov,
-
sundry other deferred expense
company
Co.—Stock Subscriptions—
offered
458,158
shares
of
common
stock
(no
thfe holders of outstanding common stock -of record on that
for subscription at the rate of one share for each nine shares
par)- to
date
5
bonuses and
2429.
Consumers Power
.
370,361
$2.42
6
(2682)
of
common
THE
stock
stockholder of
■
Since
£or
5,
stock
exercise
of
aggregate
the
of
right
421,144
over-subscribe,
issued
statement
stock
common
with, right
to
for
for
Accounts
which
not
were
filed
and
post-effective
dcregistering the
making
$407,616,
$13,897,752,
a
balance
subscribed
of
^7,014
At
a
stockholders.—V.
meeting of the board of
promotions
Executive
T.
and
The
D.
Arthur
above
168,
James
V.
Spachner,
E.
Purvis,
9,
shares
The
in
Ita
suipliis
G.
Jack
at
will
continue
with
present,
to
the
have
the
exception
Frank
Robinson,
Vice-Presidents; Paul W.
Johnson, Assistant Treasurer.
Guenzel,
of
J.
168,
1,
1949,
and
Corp.—V.
168,
Chase
N.
William
-P.
1797.
p.
Flint
Hooker
has
been
elected
-President-of
as
-
.
Mr.
in
Chairman
1947
and
Co., Inc.—New Director Elected—
1,
1948
to
become
President
of
the
trust
Continental Gas &
SEC has granted
1949, in
to
its
which
parent,
Electric
directors
and
capital
the
have
declared
a
regular quarterly
stock, both payable
N.
in
1946.
In .1948,
Jan.
15
tola,!
the
and
of
company
July 15
$2.50
for
and
the
paid
a
1949
dividend
holders
to
and
semi-annual
of
$1
Oct.
on
15,
well
as
the
compared
as
with
$2
B
Class.
per
to
the
20
31,
government
Continental Motors
Corp.—Army Engine
a
•to
and
authorization
produce the order,
The
In
order
tank
announced,
contract
for
facilities
C. J. Reese,
will
and
President,
168
special
from
the
tooling needed
Dec.
on
winter.—V.
168,
.2005,
p.
'
are
share,
Continental Oil Co.—New Director &
Vice-President—
py Lauinger has bean elected a director. He has been President
on
The
Co,<
publishers
■:''•
Ira
H.
Co.,
Co.
Cram,
has
s
been
formerly
elected
expanded
manager
Cosden Petroleum
Corp.
:6 Months Ended Oct.
31—
after Federal taxes &
for
inv.
and
(&
■
"The
All
further
5*
--
exploration
shares
per
other
_l
contingencies..
'
Pure
Oil
Class
reduce,
$704,701
300,000
200.000
$504,701
465,730
dividend
B
$0.97
2255.
p.
Life
has
company
of
Assurance
called
for
$2,475,000,
Society of
redemption
all
the
which
ol
United
its
debentures
are
owned
States.—V.
by
168,
p.
'
9 Mos. End:
'Gross
1948
Exp.,
depr.,
amort.,
$5,666,501
5,332,016
etc,
income
Profit after
for
Net
(net)
No.
of
depr., etc.
per
:'$397,574
21,188
$1,126,739
204,400
518,115
Cr331,289
Crt600,000
:
$350,503
$608,624
1,498,906
$517,615
1,472,906
$0.23
$0.40
$0.35
of
m
Department of
year
$600,000
of
1942
Minority
Net
'
/
1948
Earns,
$1,014,690
301,761
212,806
$416,312
$1,316,451
be
95,801
69,660
53-, 989
238,424
140,181
606
603
■
$335,254
650,000
$190,543
$0.52
share.
COMPARATIVE
on
hand
Marketable
Notes
and
and
Common
accounts
per
650,000
$1.03
$1.09
SHEET,
"After
banks
.
.cost
$1,692,713
..I
25,111
receivable
:
I.
depreciated
Dairy
taxes
fund
2,255,573
30
$1,732,845
.25,111
2,179,013
3,516,655
8,235,156
assets
833,176
in
*
$4,822,268
3,495,300
3,456,561
5,595,360
10,359,169
13,750,000
14,300100
in¬
1964
inven¬
other
and
14,000,000
4_-
1967__.
future
con-
5,500,000
(par
5,500,000
5,500,000
10,000,000
15,427,137
$100).-
10,000,000
;
3,295,885
;
3,295,885
18,140,830
13,124,985
'
:
•
10,000,000
15,427,137
3.295,885
17,778,445
stock
;
15,427.137
4H_$102,451,197 $93,669,567 $79,986,005
—
and
1948
1947
of
reserve
$25,850,255 in 1948, $24,180,221 in 1947
JRepresented by shares of $10 par value
par value in 194G.—V. 168, p. 2117.
1946.
and
of $30
Cummins Engine Co., Inc.—Initial Common
Dividend
•quarterlyiid'vidend of 25 cents per share has been declared
the common
stock,'payable Dec, 29 to holders of record Dec. 24.
—V. 168, p. 1142.
;J
•
...
;
An init'al
or.
.
FINANCING
//'
.
.
Outstanding
.
•
85,0.00 shs.
Period End. Oct. 3L—
Operating
Oper.
entitled
and are
exceed
the
Federal
$1,203,013
deducts—'
taxes
oplek
as
Net
196,249
_____
shall
be
Other
revenues.-__,
income-
$333,196
•
1948—12 Mos.—1947
$1,089,411 $13,623,807 $12,025,635
603,569
6,198,284
7,097,968
171,938
1,991,725
1,800,089
673.568
of
sum
.
Co.—Earnings—
1948—Month—1947
..
revenues—_
■
rev.
basis,
purposes
-
Dallas Power & Light
50.000 shs.
'
-
Gross
shows
net
-Int.
$313,904
$3,433,798
1,933
earnings,
$3,127,578
12,961
$335,129
in¬
•"
■■•
1947
years
and
$313,904
«
360
'
•
$3,44S,759
to
$3,127,933
it
has
•
1948
^
$180,209
516,351
516,351
$0.27
$0.35
»
Period
2006,
p.
$318,063
Prov.
"
'
Inc.
'
to
to
$59,457,830
r-'y 1
•*
.
234,465
the
shares
per common
2,169,011
2,085,438
426.159
415,231
99,799
1_
1,249,656
144,121
and
77,288
66,922
$9,567,899
-
...
$1.89
,
$3,584,162:
Prov.
1947
-•-
'
113,280
,2,000
Oct. 30,'48
Nov. 1,'47
of
Crystal
for
Taxes
depreciation—
other
come
than
Prov.
for
^
inc.
2,172,350
1,751,751
"1,608,300
10,519,563
1,542,951
Net
income
Shares of
1,902,488
,1,954,236
532,526
outstanding
Earnings per
"Par $10.
.
-•
578.503
1,472,415
291,100
' •'<
1,510,366
••
16,634.107
641,815 " * " *613,522
1,029,440
-
4,754,000
Cr860,862
745,092
7,921,285
:" 726;188
.r9,3CU,000
•
share
,
7,121,707
,
^ 4,690,000
$0.36
"1,542,714
>
.
6,720,585
■
"1,542,714
com.
6,395,935
....
4,519,871
'
402,225
expenses-
taxes.—.
$6,647,448
labor
247,699
73,288
—
and
dry
...
ho.e
costs.
54.499
138,833
206,603
—__
184,852
180,000
112,500
$2,405,151'
——
$1,289,194
97,135
I
69,303
$2,502,286
27,496
$1,358,497
726,000
421,650
$1,748,790
$924,850
402,655
268.483
$4.34
;
—
loan—
and
State
:
;
income
taxes
$3.44
(est.)__
1—....
...
outstanding
—:-
;
share.4—
for
reserve
—.1
&
doubtful
investments
Zook
by
Co.
3,500
(after
(at
in
11,797
for
deferred
-
hand, $1,763,107; accounts receivable
of
$7,623), $762,394; inventories,
shares of the capital stock' of The
$2,260,310; r.ote receivable from officer
on
accounts
67,366
cost),
shares
reserve
of
company's
depletion
capital
and
charges, $44,064;
stock),
depreciation
total,
$21,375;
of
fixed
$4,669,130),
$10,637,247.
notes
$3,221,246;
payable to banks, $2,425,000; common stock (par $8),
capital, surp'us, $329,085; earned surplus, $2,374,046;total,
168, p. 1253.
Des Moines &
■
12,517,522
stock
4Par $30.
1947
'
$9,806,212
material,
administrative
income
bank
per
unsecured
l
.The'
its
of
2,177,597
.
1,012,737
common
19^8
purchased,
$10,637,247— V.
..
taxes—
Prior years' adjust,
(net)
that
money
urogram
322,226,407
11,399,375
342,941
Interest
16
the
Denver banks will join the RFC in the
$1,200,000 of the money.—V. 168, p. 2006.
income
shares
«i5
316,846,868
employees'
profit—.—
use
modernization
a
LIABILITIES—Accounts
payable—trade, $969,835;
accrued
salaries
and wages, $31,854; accrued
taxes, other than income taxes, $161,954;
miscellaneous accrued
liabilities, $13,008; provision for Federal and
State income taxes, $950,212; dividend
payab'e Dec. 15, 1948, $161,008;
Oct. 27/45
15.228.662
fund—
Operating
up
;
Fed.
$4,184,312;
344,909,594
17,407,841
2,493,677
to
2,'46
349,901,504
in-
taxes
pension
Nov.
543,987,902 540,483,167
with
Waxing
'
and
____
ahead
143,010
income
assets
$1.85
oper.
expenses
Prov.
**$'
corporation, which-will
go
"
Dec.
announced
Six
years.
leaseholds
on
(secured
9U ooo
:
$1.79
$
and
l^___
than
income
$1,601,684;
$186,878
93.000
567,877,126 572,737,202
Corporation
the
ASSETS—Cash in banks and
(less
...
Cudahy Packing Co. (& Subs.)—Annual Report—
Years
revs.
$544,512
1948
.
$181,457
outstanding
share—
the, operations
to
putting
products
for
Sloan
including
,
:
Earnings!
30,000
41,868
8,121
gen.
$3,997,996
80,236
13*2,923
!!___
^
expenses
$3,953,633
.
349,800
common
adver.,
525,084
164,037:
income
Capital
$3,594,116
346,726
.
"Consolidated figures,
Co.—V. 166, p. 1577.
three
services
Interest
Net
"1948 l1.-:
-*.•-.
-
next
other
Total
*
—
sales
656.269
Finance
buses
new
Operating
2,480,649
$3,40
-
Sept. 30—
Inventory reserve
Inventory loss
Minority interest
of
847,971
$4,523,080
$5,740,625
2,527,046
.
200
Surrendered
1
-
______
per
709,187
$4,609,902
£
lent
be
Depreciation
4,040,477
1579,
Net profit
Common shares
215,654
$708,579
Tramway Corp.—Gets RFC Loan—
would
Depletion
V
-
108,976
$3.29
Profit after charges
Federal income ' taxes—
dividend';
com.
oil,
Taxes
,
Earnings
CO.96)
164,01)7 >
Selling, general and
"
6,186,149 "6,085,096
Orystai Tissue Co.—Earnings—
$5,371,051
—
214,436
*
2,694,400
$3,319,039
available
Reconstruction
Crude
.
sales
chgs.
2,468.600
24,233
Derby Oil Co.—Quarterly Report—
42,033,415
$10,266,039
2,851,976
427,200
$
Nine Months Ended Sept. 30—
Gross operating
income
i'5,398,939
share
1,967,542
2,040.648
$344,303
income
buy
Other
pericd__
outstanding..
9 Months Ended
fixed
the
—
6,467,638
108,784.-,.
2,061,402
2.403,202
408,550
income
arrangement,
234,465
_*
$74,691,023 $59,858,335
302,957
459,024
492,321
$005,272
loan
49.622,324
exps
Common
Net
,taxes__
ever
• ;
7,769,816
Minority stockholders'equity in earntogs, principally .Pacific Mijte, Ud.
p.
490, C03
Fed¬
166,040
'2,544,502
banks____
1948—12 Mos —^'1947
$6,258,994 $32,585,533 $28,590,298
3,956,216
20,330 240
16,516,657
2224.
1946
_
________
Subs.)-—Earnings—
652.403
than
income
$6,000,060
308.877
168,
4,785,123
depreciation/-
other
(&
$7,241,361
maint.__
and
Denver
-244,910
234,465
Other exps., net of other
income—
U. S. and Canadian taxes on income
—V.
&
for
^
~
$74,211,648
$85,515,949
334,935
$1,396,938
$0.23
*
~
.
334.935
1948—3 Mos.—1947
inc.
income
Gross
Int.
Net
56.564,733
payable
for
other
(other
Federal
"1945
V 1947
...
Operating expenses.^.-Deprec. and amort—
income
&
$146,316
442,433
.* '
~ 231,768
sold
and
$1,731,873
eral income)
Net
$0.55
■
-
1948
—J
notes
$1,948,852
End. Sept. 30—
for
Taxes
for
499,419
.
$85,049,716
.
losses
surplus
$173,483
$147,455
to outstanding 4V2#' pfd. stk.
2117.
p.
rev.
The
'
__1
on
764,912
corpo-
$1,613,917
Operation
<
Int.
831,153
to
earned
168,
Gross
•
Subs.)—Earnings—
inc.,' net, excl. of deduc.
goods
726,693
771,214
/
*
1946
52,468113,981
94,282
Dayton Power & Light Co.
books
*'>
'
-
■/ '
.
1947
$138,560
shr.
for depreciation—l—,r,
Divs. from Fibreboard Products
of
rate
-V.
Credit
its
on
'•"■;•
.
carried
67,364
res.__
before
are
Manufacturers
1948,
$200,000.
deducts..
surp.
Balance
16,639
1943
to
Dividends applic.
126
___.t$ 11.720
the
other
Preferred dividends
and
(net)-—X
and
Bal.
after
1947__—•—
(&
400,000
$16,924,051 $17,099,510
income
Transfer
position,
1946
168,
200,000
Total
stock
deducting
$19,156,819 in
and
com¬
7,880,184
993,550
pfd.
Total
following purposes:, (a)' To
borrowings from Manufac¬
1947
3,125,358
;
other
surplus
one
1945——.$10,344
charges.—V.
396,590
Other
the
company
Crown Zellerbach Corp.
Contrib.
SEPT.
possible
.i," After
quarterly
a
dividend
Co.—Earnings—
com.
Sell.,
650,000
...
Plant and equipment
cattle
Plant
rehabilitation
used for
for
shares outstdg.
and
650,000
1948
at
of
Years Ended Sept. 30—
"Net
income
'
Cost
$709,492
BALANCE
and
surplus
record
and
guaranteed, are expected to approach $1. per share
the year ending Aug. 31, 1949."—V.
168, p. 1142.
oper.
$0.29
CONSOLIDATED
in
securities
Inventories
in excess
Net sales and
$667,303
ASSETS—
Cash
fcr
■Earned
Declares Initial Class A
Dividend—-Ap:-initial quarterly
dividend of 5 cents per share has been declared
on the
class A stock, payable Jan. 5 to holders of
record Dec..20,
1948. It was also announced that
"earnings on the class B
stock, after payments on the class A stock, while not
admin,
com.
to
on
of all costs, principal and interest
Corp. Company est'mates that as of Sept. 10,
2,417
453,774
224
taxes.
outstanding
not
payment
117,620
507,491
98,970
$28,300,000 $13,750,000
3,443,706
4,165,055
.
1,533,098
Capital
now
in
long
;a.
.
PRESENT
months)
figures
$1,406,680
30,993
29,*703
<
947,612
gen¬
taxes
4Cjmmcn
in
$1,193,874
76,650
,
interest
per
(7
tlncome
Ended—
income
shrs.
$339,662
185,755
income
Com.
28,805,000
$449,13^
income
deductions
for
28,186,002
—
Interest
•Prov.
1948—9 Mos —1947
$29,200,692 ,29,998,880
10,326,599
________
l;
'•
3,422,926
Federal
.
tory price declines
tingen-ies
4'A'/c,
...
retail
•
-Earnings—
31,287
income
Total
10,262,252
are
$634,892
Operating income
Other
Additional
168, p. 1142.
1948—3 Mos.—1947
depre.)
1942.
plus accrued interest thereon,
Co1tSoteSsaie7-a-Sd--oSS $10'711-38S
Other
in
America, Inc. (& Subs.)
Period End. Sept. 30—
inc.
an agreement with
obviates a reserve for
created
1947.—V.
exps.
"75,000
1,498,906
fSrf "XeSK
Vyear 1342'
reflected
above statement for
(op.
'
$0.15
amount
for
48,528
"Loss.
Net
■
TO
payable
51,185
Earnings
habdity.for
the
Creameries
$2,005,715
1,413,100
$217,279
1,498,906
shares
rtt=nn°>SfS'^tACCeptan.ce tax Treasury
.fay
.0 company 5
^
Available
78,410
".$376,386
share.—
in
'
•
.
enjoy
to $2 per share
up
Depletion
Not
$1,048,329
263,200
respect
contingencies
5,606,462
$480,479
—'
capital
Earnings
$6,654,791
145,994
contingencies..
profit
1945
5,707,823
$334,485
Federal income taxes
Prior year's Fed. tax
adj.
Res.
1946
..
wholesale,
earnings
___$22,8C4
Other oper.
outstanding
the Equitable
2540.
$5,310,250
are
cf
present
1944
Flood
Operating profit
Other
•
'
for
mtge. bonds, series B,
First mtge. bonds, series C,
stores
centered
are
To reduce the present current liability
with additional working capital.
1943———___
Sales
-
1947
1
and
shares.
will
(bi
the
1942
Cost
Earnings—
Sept. 30—
profit
interest
taxes* .etc.—
come
rights being vested in the
preferred as. to; distribution of
following schedule
dicated charges-, for
preceding years.
Total
Coty Inc. (& Subs.)
two
200,000 shs..
Six Mos. End. Oct. 31—
Copperweld Steel
Co.—Redeems Debentures—
The
•Jn "he 'amount
"
■
t.
1,156,736
others,
___;
Fir t
formed
outlets, have
and
maturities
wages,
-Reserve
all voting
available
full,
provide
465,730
$1.68
~V.' 167,
\
1,662,038
company
To
Earnings
arrears.
store
'
annum,
or
pay in
turers Credit Corp,
Crown Drug
1947
$837,287
share:
preferred
The
$1,137,287
—
"Disregarding
!-
charge of Continental Oil
effective Jan. 1, 1949—V
168 '
outstanding
common
for
Gas
in
a..__
Common
and
eral
banks
payable..
Accrued
stock
warehouse
and' 'from
$1)100,000 shs.
out
sums
PURPOSE—Prooee'ds
Subs.)—Earnings—
charges.
Net .profit
Earnings
Oil
1943
Proxit
^Reserve
of
activities,
2224.
p.
'
...
Vice-President
exploration
of
B
current
Accounts
which- began
-and
these
,
of
10c)
voting,
per
L.
charges (incl.
expense).
___i-—_J_.$102,451,197 $93,669,567 $79,986,005
payable to
Incl.
.
the .predecessor
Authorized
(par
non
dividends .first
per
unfilled orders
Petroleum
Publishing
Journal," Tulsa, Okla.
of
company,
EFFECT
shares. Class. A -shares
in the event of liquidation,
earned.
be
provide
this
Md.:
-
(par
B
cents
16.
handled In Continental's
Muskego plant and
large government-owned
factory there, Mr. Reese stated. It will
jobs for
approximately 1,500 persons when production starts
a
Co.
of
store
a
All
business
GIVING
slock
common
receive
engine recently
announced
Notes
speculation,
a
Crosbie
retail
EARNINGS-—The
Order—
The corporation
has received an initial
$18,800,000
Ordnance Department for a
new
type air-cooled
as
contacts.v
stock
common
and
on
making
paid in 1947.—V.
C.
the
as
the
(c)
year,
1253.
p.
D.
16.203,903
12,809,360
47,611,61'/f 33,781,435
.218,127
•'
216,634:
24,885,987
21,685,467
168,286
27,111,552
Washington, D. C.,' where -the executive
predecessor
.
on
each
class
of
Business
.
A
Dec.
share
The
York (City.
moved to
operation-in
■payable to the
dividends
quarterly of 50 cents
cents
20
record
Offered—
:
Delaware corporation
a
original
New
equipment--..—
discount
Efserre
Washington,
•CAPITALIZATION
'■
Class
assets,
of
and
less_
or
Total
selling of mill supplies of various nature, including tools'and
■machinery, hand and powered items, and .electrical and all machine
items.
Sales are effected
by direct representation in the industrial
field, as well as through the company retail store outlet; direct mail
Class
per
of
the
in
and
company,
"orders
166, p. 757.
year-end
15,
to
warehouse
successful
Corp.—Extension Granted
dividend of 50 cents
Jan,
share
one
formerly conducted from
Y., an ofifce in Baltimore,
was
and
The
of
.
com¬
mem¬
Continental Insurance Co., N.
Y.—Yegr-End Dividend
share
and
The securities, offered
1920's
Class A shares
The
$17)099,510
-. I/-
>'
?
17,412,391
—
50.939,607
cost
Pa'epoid and deferred
'5,550,174
mission
corporation .an extension of time to
July 1,
issue 37,500 adidtional shares of common stock
United Light & Railways.—V.
stock
large building at 508 H Street, N. E.
the
it might
•''
Inc.—Stocks
BUSINESS—Company is
the
warehouse
a
•offices
company.
Mr: Edmonds is also a
d'rector and member of the executive
of the Warner Co. and a
director and finance committee
ber cf the United
States. Rubber Co.—V. 168, p. ,148.
A
•been consolidated and
formerly was President, of Bond Crown & Cork Co.,
wholly-owned Continental subsidiary, which position he
a
Dec.
on
'
$16,V24,05J
v—
at
Ncv. 42/46
$3,593,197 $10,545,497
doubt¬
LIABILITIES—
Washington,
successor
in
company
..
mittee
The
class
as
business
California Con¬
Edmonds
imington,
resigned
of
V'
" T'
'
G©.
of
Brooklyn,
Continental Can
"Plant
3,747,160
-
•>
•
accounts
•investments,
have been oversubscribed.
new
•George P. Edmonds, President of the Wilmington Trust
Co., Wilming¬
ton, Del., Iras been elected a director.
W
741.
p.
HISTORY &
Jan.
board,
Li
SHEET
Nov. 1/47
$5,156,823
—
for
reserve
Inventories
10,706
•
650,000
V 5,688,-958
$5 per unit.
at
Treasurer
new
-
—tt' 1 3,747,0'o0
LZI--
shares
the
ful
,2uz,U82'
8;345
-1650,000
1
Receivables, Jess
4,026,893
Co, and H. C. Marshall & Co., Wash¬
ington, D. C., in November offered 50,000 shares class A
common
stock—non voting (par $1) and 25,000 shares
class B common stock—voting (par 10b) in units of two
and
Treasurer, who will have duties appropriate to their
188,266
'
130,644
a.
:
...
l_l
;
.
1
1
shares).
BALANCE
Oct. 30/48
Cash
Jaires T. DeWitt
Treas¬
duties
same
vl'
•
subsidiary
surplus
Crosbie
<
Vice-President;
Executive
in
(650,000
Total
Kelier,
C.
193,911
4,131,251
-'
;
CONSOLIDATED
.ASSETS—
'.853,348
debt
the follow¬
1948,
Monday, December 27, 1948
$1,870,981
586,764/
—
:
contingencies
interest
stoOic
—V.
Spence,
R.
as
Assistant
Effective
of
for
Earned
1949:
1,
CHRONICLE
$1,787,118
income.
on
/
Lomnioii.
Paid
liabilities
accrued
taxes
debt
Minority
offices.
tainer
term
Reserve
for.
Dec.
on
Jan.
and
liabilities
to
2429.
p.
directors
effective
John
individuals
responsibilities
and
made,
McCurdy,
John
and
urer;
were
Vice-President;
Laurence
Saner
L^ng
subscriptions, 412,144 shares were purchased by Com¬
/Southern Corp. (parent) and 9,085 shares were subscribed
independent
FINANCIAL
COMPARATIVE
payable
and .other
current
the
Container Corp. of America—Officials Promoted—
ing
Federal
Other
an
with
amendment
&
LIABILITIES—
each
total
monwealth &
for by
to
shares
Exchange -Commission
registration
such
share,
per
the company has issued 408,792 shares of such
the -exercise of the subscription warrants therefor,
and 12,352 shares of such common stock upon
the
and
SQf the
$33
1948,
the
of
at
upon
$13,4*0,136,
pSeour'Pties
held,
-over-subscribing subject to allotment.
Nov.
common
then
COMMERCIAL
.
•
.
.•£__•
2,505,097
a
ballot
to
Central Iowa
reorganization
mortgage
bondholders.
holders
of
plan
The
RR.—Balloting—
will
ICC
be
has
submitted
to
authorized
a
vote
of
distribution
first
mortgage 1V2% bonds, due 1931.
Ap¬
proval of two-thirds of the bondholders is
necessary for the plan to
become effective.
The
reorganization proposal was approved by the
ICC last September and
by the U. S. Court for the Southern District
of Iowa early in December.
Ballots are to be- returned before Jan. 19,
and only holders of securities on Dec.
21 are permitted to. vote.
Al¬
though five classes of debts were involved in the
reorganization, two
classes
have
already been settled.
Another
two,
capital stook and
unsecured obligations, were found
by the ICC to be of no value.—V. 168,
p.
1360.
>,
'-4:514,238
$4,32
.
.,
company's
first
$.12,19
>4467,489
.
..
$4J2
Diamond Alkali Co.—Official Promoted—
John A.
Sargent, Vice-President
elected Executive
of
Finance
since
Vice-President.—V. 168, p. 2224.
May, 19^7, has been
.
expenditures
U946
12 Months Ended NdY; 30-•'
$
&"
$
GrQss*earnMgs. utility:/ operations--. 118,388,023 165,195,383Oper. and maint. charges/. etc.—— 1
Federal normal tax and surtax™-*-,
Balance
Other
utility,
from
15,021',237
Capital
V,
15,663,142
336,995
190,207
15,853 349
5,229,213
15,760,<798
4,900,032
10,624,136
6,997,430
6,997.430
9,887,933
6,997.430
™_
shares
outstanding--.
sharei2—
per
168,
2?41.
p.
^
15,237,621
—
Net. income
''
2,979,348
Bullion production
Development,
general
-
Prov.
1,447,631
450,941.
Gross,
expire.
Reserved for
,81,159.
Jim
$349-735
$1 240.803
taxes-
1,756,009
582,755
60 ,97ft.
'
_™.
Net
profit' J/TT J Ji-T $1,153,657
fEarnings
shafc_i>/'
perr
♦On. l,94Gi568 'shares of oflpilai
accrued benefits. ui:der The
•'V.
163/ p.
$0.81;'
; '
(includes
stock,
;
.
$0.80
'
/
shares.
Penuu and. Sept.
effective about June
Operating
Net
oper;
Other
2,756,250
income
(net).;
income
Income
Net
deductions™.
income———
Oommon
.—V.
168, R. 1480.
stock; div;
1948—12 Mos.—1947
"
par)
for'cbm, 'div.,
1,289,338
Indiana
$9,939,682
taxes' _-V/
Winchester,
..(net)
•
GroSs
Indianapolis, - Ind.
Pf,4»
deductions-
f
dLVs.
Net
;
'
d
&
1948—12 Mos.T-1947
59,737
748,692
_
Applcable
$1,431,886
32,306,854
778,599
667,350
7,877,476
591,908
$171,057
$2,023,795
to
U.
subs,
of
Non-subsidiary
Total
33,154
384,896
'$169,558
equity
;'
$1,539,123-
$1,523,043
V/-rl-
.
1,539,123 ;
236,241
(other
,1948^- ':
:
..
$ 1,522,357
River Electric.Light'Co/a-
v.
.
,1747
l
.
Net
income
:
.
523
4,138,240
26,578,001
21,852,427
,
53,849
'
54
;
"
45
-87,572'
101,107-
15,260,
maximum
or
convenience
with-
Edison's
excbsive
to
A
It
will
accurately
to
ten
40
,
company
$1,500,000 in
1949,
notes
end
to
2'v
has
received
promissory
matu.rc
would be issued
FPC
Net
notes
words
^Ear-TUned
Jewel-
at
time.—V:
a
168.
life
CONSOLIDATED
issued
ASSETS-^-Cash
(less
'•
OF
INCOME
20,308,472
(COMPANY
1948—3 Mos.—1947
$4,015,778
/
-'
40
523
for
pn
1,925
$3,738,979. $15,801,795 $13,324,967
397
357
1.948
1,482
17,589
7,728
48,209
34,153
85,075
345,211
763,891
fQr, Federal/taxes
'
,
,
J
208,000
862,495
744,429'
$3,707,203
$3,437,819
$14,543^932
$11,781,012
Increased 21.9%—
,
—
630,000
,
:
.a—-
—
the
or
issuance
about
of
Jan. .1,
1
341,900
-
$326,339
$518,335
$1.15
$0.65
23%
greater
168, p.
1143.
1948
—
93,542
13[669
■
Surplus
I
;
—
-
.for
:
1
Earnings; per common share
117,000
$168,045
38,263
50,438
$97,407
;
38,263
50,438
;
period_J_—.
Common-■ shares .^outstanding
140,960
$186,108
...
dividend's—
:
TO/7,49
10
!
taxes
dividends.
$79,344
67.251
67.251
$2.20
$1.93
♦includes'only interest actually received; accrued interest earned but
not
collected
is
not
89,073
304,345
187,181
$609,293
$305,583
$1,195,427
18,750
17,742
58,086
$899,885
52,223
$628,043
$323,325
$1,253,513
$952,109
205,000
93,150
388,000
260,150
$423,043
$230,175
3,347,507
$0.12
3,347,507
$865,513
3,347,507
$0.07
$0.26
$691,959
3,347,507
$0.21
Operating profit
Non-operating revenueTotal
—'V.
taxes
for
168, p. 1144.
included.
Corp.—Bights to Subscribe—
Contingent upon effective registration under the Securities Act of
1933, and the making of am offer by the corporation, holders of shares
of record at the close of business on Dec. 29, 1948, or such later date
on
which such registration becomes effective, shall have the right to
subscribe, on or before Jan. 12, 1949, for shares, of $1 par value, to
the extent of one share for each five shares held.
The subscription
price is to be determined—shortly before the offering is made.
Th New York Stock Exchange on Dec. 21 directed, subject to the
offering being made, that the shares be not quoted ex-rights until
'
further notice and
that
all
certificates
delivered after the
record
date
finally fixed by the corporation must be accompanied by due-bills.
168, p. 2541.
: / ;
—V.
Fidelity-Phenix Fire Insurance Co.—Year-End Div.—
share
directors
declared
have
year-end
a
dividend
and the regular quarterly -dividend of 50
capital stock,
both payable Jan.
of
40
cents
per
cents per share on the
to holders of record Dec. 31,
15, 1949
1948.
In
the company paid a semi-annual dividend of $1 per share
of 20 cents per share on Jan. 15, a semi-annual of $1 on
1948,
extra
an
year,
a
quarterly of 50 cents on Oct. 15. or
compared with $2,20 paid in
Field
a
total of $2.70 for
1947.—V. 168, p.
1254.
""
Enterprises, Inc.—Merges Subsidiary-
Marshall Field
effective
distributors
was
of
Dec.
on
Jan.
officers
1,
of
15
announced the merger with
this corpora¬
Chicago, national
Childcraft, which
1949, of The Quarrie Corp.,
Book Encyclopedia and
1,
The
acquired Dec.
Former
Field
World
1945,
the
as
a
subsidiary.
Chicago
firm
have
been
elected
officers
of
and will direct the new Educational Division.
These include:
R. G.
Lamberson, Vice-President
in charge; R. C.
Preble, Vice-President and General Manager; W. V. Miller, G. M. Hayes
and
W. F.
Hayes, Vice-Presidents; C. J. Weitzel, Treasurer; R. F.
Walker, Assistant Secretary.—V. 160, p. 1079.
Enterprises,
Inc.,
Fifth Avenue & 28th Street Corp., N. Y. City—Reduces
Funded Debt by
58% Payment-
that Sterling National Bank
& Trust Co. of
prepared to make a 58% principal distribution upon
the mortage bonds due Jan. 1,
1961 upon presentation for1 notation
to indicate the reduction of principal.—V. 152, p. 677.
it
13,117
;
pension. trust
interest_____l_^__
income
Common
intangibles
597,966
62,167
71,557
90,197
notes—
to
'.'income
$1,087,060
$1,499,772
$1,027,494
696,385
—
1947
$1,233,978
.
'
Operating
expenses'
Intefest and expenses on-notes payable_/__
of
1948—9 Mos.—1947
$394,656
104,261
depreciation
,
taxes—
Nine'Months Ended Sept. 30—
.Contributions
Earnings—
1948—3 Mos.—1947
$713,554
operating
1947
$13,491,7-84 $13,340,742
1,556,339
860,235
♦.Gross..; eq.rnings_—
Minority
other
profit.
Deferred development &
the
1948
share——
doubtful
trade accounts
other accounts receiv¬
$1,926,863;
$120,155), $1,606,809;
Falconbridge Nickel Mines Ltd.-
July 15, and
Earnings, etc.—
.
for
SHEET, SEPT. 30, 1948
deposit,
on
payable to banks, $1,500,000; trade accounts
payrolls and payroll taxes, $312,064; accrued taxes,
expenses,
$248,616;
Federal, State and foreign
taxes on income,
$742,934; portion of long-term contracts maturing
within one year, $95,052; long-term indebtedness, $4,379,084; reserve
for general contingencies, $130,140; reserve for miscellaneous operating
purposes, $160,295; reserve for pension trust premiums, $63,940; capital
stock out'tanding (244,190 27/50 shares), $1,220,953; additional paid-in
capital $1,351,729; earnings retained for use in the business, $5,910,728;
total, $16,642,483.—V. 168, p. 1798.
and
The
.
profit"——J— .l—
Federal
and
$526,948;
tion,
Provision
$293,404
of
LIABILITIES—Notes
interest
as
j;.; ;-206,939
.
per
"(Exclusive
$5.
$16,642,483.
Ferro Enamel
84,088
Profit /after- charges—_-J
Provision; fbr ; Federal income
Net
t$318,763
$1.31
$411,022
$1.69
$4.08
par
advances.
$86,529; timberlands, at cost (less depletion), $2,575,682;
land, $140,634; buildings, machinery and equipment (less reserves for
depreciation of $871,488), $3,686,237; deferred charges, $225,069; total,
ONLY)
than
input
860,000
able, $192,968; inventories at lower of average cost or market, $5,580,327; advances to logging contractors, $506,235; prepaid insurance and
other
expenses,
$115,131;
miscellaneous
investments, accounts
and
1948—12 Mos.—1947
$3,738,939 $15,801,272 $13,323,042
438
income
34,387
Cr-14,653
304,834
$997,229
stock,
BALANCE
hand
on
reserves,
25,320,138
STATEMENT
inepme—:L;
89,633
11,209
received.
insurance
receivable
83,441
Cr6O,590
$83,236
3,837,080
*•'
.
other
on/
Preferred"
National^ B^nk., New York, $750,000; Irving; Trust Co., New
York, $250,000; Stat^ National Bank of El Paso, $250,000; and El'Paso
National Bank, $250,000.
746,900
capital
shares
244,191
4,728,788
Employees- Credit Corp. (& Subs.)—Earningscombining
months from the date of Issuance. The
the following banks in the1 amounts indicated:
Chase
203,200
Net'profit £___
Capital shares outstdg..
Earnings per share-:™
It is expected sales for the year will be
approximately
than those, of 1947, T. Albert Potter, Chairman, said.—V.
$1,500,000 Notes—
authorization
to, be
$1,258,131
prqfit—
♦On
744,429
Earnings.
nine
to
$749,916
$1,201,586
for¬
862,495
Weeks- Ended Oct. 9—
Sales
Net
El Paso Electric Co.—To Issue
and
208,000
L
Amortization
four
$2,233,929
106,781
383,018
(net)—_L„
206,939
Elgin National Watch Co.
2323.
The
Fed.
for
Misc. credits
Provision
157,911
control, has been announced by this corporation;
vinylite plastic disc records 30-minutes of dictation and
backspace
56,544
$587,480
129,793
171,252
763,891
$1,701,1-72
companion piece, the -Disc Edison Secretarial Instrument, provides
range variable speed control- and instantaneous start and
stop.
p.
116,080
earned
345,211
$1,371,298:
is light enough to mail for 3c.
wide
comm.
85,075
con-
taxes
1945
1946
$633,836
expense
84,088
surphis
1947
175,591
Fed. taxes
$1,573,863
diction
Its seven-inch
1143.
$2,058,338
deductions..
Inter-Co.
and
:
Action"
168, p.
of
to
the
1,482
15,436
dictating instrument, the Disc' Edison Voicewriter,
new
Misc.
34,153
;
< Thomas A.) Edison, Inc.—New Product—;"
A
well.—V.
as
that
sufficient
not
102,773
"
profit—.
1,948
r-V. 168, p. 2006.
*
Total
48,209
157,911
„_
was
(& Subs.) —Earnings—
...
357
1,371,299
—
paid.;
60,000
that
$484,707
profit—,
7,728
For the week"1- eilded Dec/ 16, 1948, the System input of subsidiaries
-;i pf. this ^rporatiiom/amounted to 77,834,000 kw.h., an increase of 14,007,000 "kwhM:or,21.9(f/, ,".over;, the
corresponding week of last year.—V. 168,
p.;;2541.i-V.V,--y. ;/J-,., -,.V •
"
-
—81,849
paid—
If
Mr.-Koontz be divested
shares be sold first
that
that
and
3948
397
.
$1,871,609
—„
-i—
—
dividends
40
21,850,502
1,925
i^v.--i—
Weekly
'263/350
;236,24l/
„w_—/„
dividends
Convertible
brother, Patrick D.
shares
of
voting
trust
while acting as receivers
$15,024,404 $18,104,797 $13,048,135 $14,805,849
14,539,697
16,046,460
12,414,299
13,604,263
expenses—™.
17,589
.inci^e;>
Net
:
Common
26,577,478
$1,608,259
$1,7-58,598
income- taxes__
——
taxes,
Prov.
'
taxes
4,138,200
/—
_J_—
.
taxes
.r.: pn;
;
$1,615,9.61;
ASSOCIATION" ONLY
—
'
5,037,3^3
than
income)
v
eanied
Other
Fed.
17.0,433
$l;590,629
"
ruled
directed
Period End. Sept, 30—
Total,:$4,016,216
$1,786,399
18.4,735
*,fc.
r
subsidiary
Bxpens.es.
it
claims
income;
Gross
438
carried
Other
1,523,048
263,350
$1,775;364
OF HOLDING
and
Horn's
Operating
21,850,502
Expenses:
.„—_
interest
26,577,478
*
•
•
above).
fas
tixes
Bal.
/
12 Months Ended Oct. 31—
Federal
4,138,200
8,382,202
1,601,545
; 5,037,801
sol.
2?,759.
-
EARNINGS
General
1,139,955
•
77,652
above
(as
Fall
1,312,646
income
-on-income
$1,623,460
77,652
.i——i„1—
/
Dividends from
222,054
5,037,363
Period End; Sept. 30—
'
"
From subs,—oonsQl.—
22,124
;and^•fhteresLl-rll£,4J£JT^ff.-C
from
252,8471
f
i
-
for
Gas
.interest--—L/—J—-
Balance
Dividends
1,601,544
of Electric
Gross' Income—
$1,638,898
$137,902
Valley
-1
taxes
400,386
32,974,204
.
.'wzi.z———
390,477
A
income
—
Expenses,
400,386
1
mi-
Provision
EASTERN UTILITIES ASSOCIATES—
Earnings
8.697,590
$2,013,937
31,868
—
E.
38,189,258
8,358,970
public^__ \
522,244
Blackstone
minority
to
S.119^10
2,186,880
and
Expenses;
•
Applicable
347,173
37,410,659
Total
$1/491,692
51,813
Co
to
17,742,991
355,214
49,001
774,011
$119,244
inc. /
g«)ss
requirements-
v.
19,173,649
86,209
.
8,070,609
to
* '/taxes-on
.
$201,426
income
Electric
4,143,608
Other., taxes
54,301
income,^—./Jr.
Net
t
256,958
193,123
,
Other
-
■
$147,126
•
and
Other
11,452,962
7,684,353
Light Corp.—
-
Pfd.
13;401,586
—
COMPARATIVE
from
2,839,437
(net.)—„
applic?
equity
in
-
:
Utility oper., income—
income (pet>i/
Other
Gross
8,613,493
14,082,820
4,998,491
Pwr. .& Light; Corp.
income of subs.
...,
"
Deduct.
1,515,446.
10,117,008
19,016,979
2,167,491
89,250
nqritjj-; interests
$1,210,610 $15,268,322 $13,843,021
1,031,629
13,087,743
11,577,318
'"'
82,565
taxes—
98,000
stock,
♦Earnings per share..$0.34
256,958
'deduct;" (net)_,
Portion
■
$1,321,123
1,091,433
*
safd,
Cohon
Mr.
stock
Elk
sales/
Costs
and for additional'
..,
1948—Month—1947
revenues/.
income
$
re¬
* public
b
other
Fed.
Federal
....
64,240
incpme
Interest
Ind.—
Eastern Utilities Associates (& Subs.)—^Earnings—
oper.v,revs,
Net
1948—12 Mos.—1947
64,240
—
pthe'r income'
a
3,000 shares of 5%
at par.
Underwriter,. City. Securities Corp.,
Proceeds will be hised for further additions to p^ant
period End. Oct. 31—
Court,
this
payable,
offered
'/•■
The
Evans Products Co.
.
tirement & deplet.
letter of .notification with the SEC
cumulative preferred stock (par $100) to be
-
committees
deceased
his
common
remaining 38,000. shares should be sold
Electric Power- & Light
for
Operat.ng
*
all
of
.
serve
appropr atidnsRent for lease .of plants
,,
r
$3,419,048
34,608,796. 170,628,392 144,567,443
15,721,758
70,896,339
59,764,192
3,481,140
44,926
Co.,
and
unlawfully
Horn
Court
fpr that corporation.
312,365
(& Subs.)—Earnings—
$
$
3,595,954
cents
16 filed
Koontz
B.
Elk
& Co., investment firm,
of West Virginia had up¬
organized
by
Cohon
stockholders
956,002
$3,731,413
$4,834,246
1948—3 Mos.—1947 '
V-—
Utility plant
'•/ acquisition ; ad^ustmts.
Property deprec; & re-
1,375,000
7,427,257
6,458,484
Sefjt; 30— ;
taxes •'
Amort.
Files With SEC—
The company on Dec.
the
of
purchased
of
Prov.
2,731,552
$9,561,361
1;375,000
8,503,671
Telephone
.
Arthur
had
certificates
■
$305,196;
Light Corp.
Federal
1,326,490
26,573
1,031,250
30
that
Koontz,
Morris
of
the Supreme
that
contention
Interest
Maintenance
Net
working capital.
2,589,692
and
41,452,774
Operation' j._—18,807,794
Newmont Mining Corp. and Ol.in
Eastern
■v
219.363
2^18.
Period End.
Co.—Subscriptions—
at
the
Corp.—Stockholders Upheld in Su|t—»
partner
105,028
$4,906,868
$5,247,997
413,750
68,095.
,
$451,637
168,"P.„
Subsidiaries—Operating revenues
2,940,797
3,425,625
$7,528,384
purchased
held
.■
per share, or a total of $302,283.,
shares and resold the shares to
Industries, Inc., at 30 cents per share,
or $13,478.
This leaves 44,926 shares unsold, which will be resold on",
the Salt Lake Stock Exchange or in the over-the-counter market.
See
offering data in V. 166, p. 2309.,
(10 cents
186,567
surplus-
.
-V.
The stockholders subscribed for a. total of 1,007,611 shares of capital/
underwriters
Cohon,
announced Dec. 21
9 Mos, End. Sept. 30—
$409,491'
5,710
109,018
require.
Operating income
stock
61,615
$9,016,715
1,179,026
3,646
30,490
*
The
3,583
.
East Utah Mining
Elk Horn Coal
Morris
eign, taxes on inc. (est.)
1,031,250
6,566,125
dividends——
18,975
2„L.-i—
inco^tne
income1'*;
Bal.
$7,162,640
first pfd; divs,
cum.
(less
stock
value, $12.50), $797,138; common stock ($2 par), $134,502; cap¬
ital
surplus
(paid-in),
$398,048;
earned
surplus,
$373,594;. total,
$6,586,981—V. 168, p. 1797.
$4,801,841
34.479
Pfd.
Dividends—Cash:
5%
8,131
$8/955,100
$335,686
$8,978,325 $11,011,792 $12,676,907. $13,769,068
1,815,685
3,483,408
2,737,225
4.208,607-
-.
729
$405,845
$486,116
Net'
Other
Gross
394
/
$9,722,454 $12,'650,334 $12,443,478
$8,960,051
18,275
revenues
4,891,696.
$778,118
Electric Power &
2,430,625
•
(par
satisfy
$781,701
1949.
1,
$41,216,921 $36,607,000 $54,559,049 $47,364,18$
29,500,620
24,454;12l. 38,483,090
31,979,910
revenues^—
Prov. for Fed. inc. tax—
1948
year of $50,000), $175,000; 4%
subordinated sinking fund note
instalments due Within one year of $75,000), $600,000; preferred
,712,512
$8.46,603 $19,751,555
440,032
10,788,324
2__—4
Income /'deductions
Federal/'; incojtue taxes—/
r
,
30,
LIABILITIES—Notes payable, banks, including term loan and sink¬
ing fund note instalments due within one year, $3,820,000; employees*
taxes
withheld, $5,028;
dividends payable Oct. 20, 1948; $29,567;
interest and expenses/accrued, $46,719; miscellaneous, taxes accrued,
$20,437; reserves for Federal income taxes, $180,959; deferred income,
unearned discount, $991; term loan (less Instalments due within ons
$2.61
1948;—12 Mos.—1947
1948—Month-—1947
.
-i
costs
income
Gross
;
1948—9 Mos.-rl947
Oper. rev. deductions—a
$2.96
(& Subs..)—.Earnings—
(Del.)
reyenues —$1,890,827
opmehfc
/••':
-
30-'-
67,501
SEPT.
including cash items, $792,457;
$287,532),
$5,540,28?;
cash value, life insurance, $10,448; refundable Federal
income and excess profits taxes, for years prior to 1945, principally
under carryback provisions of Internal Revenue Code, $21,422;
de¬
ferred charges, $49,924; furniture, fixtures and equipment, cost (less
reserves for
depreciation of $45,684), $57,604; intangible "assets (less
reserves for amortization,1 $80,417), $114,846; total, $6,586,981.
$993,991
/
...
El Paso Natural Gas Co.
Qther
.
•
..
'Balance;
v •
on April 11, 1949 will consider a proposal to amend
certificate.of-incorporation to provide, for the issuance of four new
$5 par value common shares fn exchange for each of the $20 par value
common shares held.
At Sept. 30, 1948 there were outstanding 11,158,-
Duquesne Light Co.—Earnings—
.
67,500
SHEET,
(less reserves for doubtful notes,
$ 1-40,«O0O estimated
The stockholders
will become
.
♦222,372
$1,063,493'
$1,129,385
—
.Opejj:,.-^y^cd^et;pta^j,^-, 1412,315
Exploration. '$Hd4.-4^v.eiv.> v.
.
-
; • ;■./: *'
split-up, if approved;
168, p. 2006.
/
.
Operating;
$1,662,977.
J ••
$085-
1041.
common
requirements
PeriodEnd-OctrSl-—
.
.465,413
Emergency; Gold- Mining -Assistance Act.—
The
173,143
$1,196,885
16,796
$91,543'
$113,627
$1,285,865
BALANCE
7
ASSETS—Cash in banks and on hand,
instalment notes receivable
him
the
207
dividend
_
(E, I.) du Pont de Nemours & Co., Inc.—Plans Fourfor-One Stock Split-Up—
t
-
—V.
12,609
J™
25,305
42,933
$1,370,028-
♦Includes special charge of $19,837 representing that portion of pre¬
mium and,, expenses on redemption of bonds which is equivalent to
fesujting: reduction in Federal taxes on income above.—V. 168, p. 2429.
$1/19.7,564:
443,07$'
$1,580,827 ' $.1,565,924
$0.59-:
,''
1
•
2,339
$108,339
$126,236 '
$1,260,560"
la,120
,
$1,122,845.
340,019.'
303,322
1,878
(net
income:,
Net'". income \_1
(
Operating/profit
Non-operating income—
*
$1,327,095
48,000
76,000
13,833
e?iJei)se
deprec.:™..
$105,999
$4,688,285
2,985,314
442,411
602,900
; Balance appl cable to com. stock and surplus
"Earnings per-common share—381,994 shares—
$3,623,66^
2,264,662
,
Income; deductions
'
$4,060,096
income™-
pper-
Other-income
$1,42.
1:945
$124,358
288,94 1
-
and
oper.
costs.,-
ior.income
Outside
29a,300
_•
1945
1947
7
'
$4, 191,220.
$5,311,032
3.381.038
60,300
$431,121
281.122
44,000
$473,599
Federal;' income" taxesJ.
Utility
1948—12 Mos.—1947
1948— Month—-1947
:
deductions-.
Preferred
1948
t$4,209,541
'
COMPARATIVE INCOME ACCOUNT
revenues
Ltd.—Earnings-
Sept. 30—
The company
Period End.Oct. 31—
.
Dome Mines,
9 Mos. End.
' /
Oper.
.5,872,860
;
provide funds for the construction, program cur¬
said it plans to refund the promispermanent financing prior to the maturity date.
to
with
■
s'
•
•
Operating
523,177
•
$1.52
$1.49;
-
4,187,j0j
.
.
notes
.sory,
70/070,399
15,358,233
-.I-,.J
income
Earnings
1
-
89,495,020
,
and
in-.progress.
rently
99,129,828. 85,315,241
4,537.000
4.217,000,
operg._
Gross
corporate
income____
Deductions from income
•
.
10,458,200
inc.
CONSOLIDATED
Proceeds will be used to reimburse the company for past construction
Detroit Edison Co. (& Subs.) —Earnings—
'
1948,
.1947
■
(2683)
COMMERCIAL & FINANCIAL CHRONICLE
THE
Volume 168, Number 4763
New
is
announced
York
is
Offered—A
$5,000,000 4%% cumulative .redeemable
sinking fund preferred shares was offered Dec. 15 in
the Canadian market by A. E. Ames & Co., Ltd., and
Brawley, Cathers & Co. The issue price was $98.50 per
Fraser
new
Companies, Ltd.—Preferred Stock
issue
of
share.
TV..
TProoor.
Cnmnnnips
eifchpr
riirectlv
nr
t.hroueh
its
whollv
owned
8
THE
(2684)
Subsidiaries, Fraser Paper, Ltd., and Restigouche Co., is engaged in the
manufacture of sulphite and groundwood papers, paperboard, chemical
Wood
pulps
and
lumber
Auto
The
products.
of improvement and modernization of the mills of the
Company and its subsidiaries has been in effect for several years which
program includes the replacement of obsolete equipment and the addiion of certain improvements to the processes in the mill.
It is eslinated that approximately $5,000,000 will be expended during the cal¬
A
auto
show
On
Dec.
Class
21,
on
the
for
each
no
They
also
basis
share.
par to $37.50 per
and
the' public
to
Oldsmobile
Life Insurance
3^2% unsubordinated notes.
on
activities
of
General
Phoenix
and
Its
EARNINGS
Net
wood
FOR
FISCAL
YEARS
SEPT.
ENDED
Sept. 30—
Plan-
Dec.
on
employees
76,000
plan
total
now
The
payroll
in
$25,000,000
some
stock will
The
be
Oct.
of this
1
$0.52
Gross
the end of the
the bonus of G-E stock," he
"Eliminat'ng
total number
plan
and
this
under
said.
about 85,000 employees, 49% of the
are buying bonds both outside the new
an
aggregate annual rate of nearly
duplication,
employees,
of G-E
the
plan
at
$30,000,000," Mr. Lockton said.
-
Payment of the bonus according to bonds purchased under the plan
contingent upon the participating employee leaving the bonds on
deposit with the company for five years following the end of the year
which
the
bonds
purchased.
are
employees now buying bonds under the plan will be con¬
tingently credited at the end of the year with G-E stock representing
of
and
the
ployees
bonds
remaining
in
the
purchased
during
1948
plan
w.ll
receive
income
from
years
the
1948
the
on
this
date,
any
In the event
allowed
contribution
of
the
company
G-E TV
that
the
cost
Co.
for
of
Co.
television
the
at
West
Electronics
for
television
New
152-162
transmitters
Coast
single-unit
placed
been
the
by
announced
at
Unit
mobile
before
the
General
transmitter-receiver,
for
announced
the P
& prem.
,
Other
&
engineers.
This
unit,
by
inc.
"P"
facilities
are
"J1
h.
of
p.
investment
other
units
new
at
of
generating facilities
that
time
similar
of
huge
will
size
are
exceed
on
of
on
1948,
its
PG&E
line.
power
will
order
for
for
two
of
Equipment
for
$50,000,000
°f
$50'000"000 at Mos* La"d^
mechanical drive turbine, and auxiliary
2430
equipment-
11,504
52,029
42,672
485,287
Gross
Int.
income
&
debt
Net
295,973
3,877,886
3,552,297
9,717
9.717
109.732
116,608
Cr792
$466,721
$434,864
(Cr)
expense
pfd.
on
General
76
73
2,012
731
77,281
9,197
150,448
42,177
Crl,947
170,876
10,063
•••
(est.)—
93,850
' 1
■
575,891
contingencies.
•
100,000
443,595
•
1,955,032
stock
of
sales,
has
been
total
number
of
General
Motors
/or *he4£°urth duarter of
third
433,909 for the
quarter
of
common
and
preferred
1948 was 433,191,
1948
and
with
stock-
compared
436,383
for
the
were
402,325
the balance
Oct.
stockholders
4,
1948.
holders
of
$2,526,931
$2,663,048
$1.62
$1.47
$5.37
$5.66
for the nine months ended Sept.
reports
30,
1948, net
This compares
$4.39 per share during the
(less
accounts,
(at
cost
SHEET, SEPT.
banks
in
receivable
bonds
223,006
2,676,064
2,676,064
$241,858
$3,769,156
$3,778,883
(B. F.) Goodrich Co.—New Development—
a plastic coating which offers the vast horticultural
and fresh food packaging industry a new and
original technique
preserving and packaging is announced by W. S. Richardson, Presi¬
field
in
dent
B.
of
The
F.
Goodrich
wilt
Chemical
of the material,
use
which
and
annually
Co.
called Good-rite vinyl resin latex,
packaging
has
specialists
resulted
in
of
common
stock
of
record
Nov.
18,
and
30,775
preferred stockholders in the fourth quarter of
Were holders of the $5 Series
preferred stock and 9,476
6f the $3.75 Series
preferred stock.
1948,
were
21,390
holders
will enable
spoilage
dollars
of
and
damage
to
fruit, vegetables, and a host of edible and decorative products. Three
years of intensive research has preceded its introduction commercially,
Mr. Richardson said.—V. 168, p. 2431.
The directors recently declared an interest
payment of 2% upon the
outstanding 20-year gold debenture bonds, amounting to $33,830, pay¬
able Dec.
1, 1948 to bondholders of record at the close of business
Nov.
26,
1948.
similar payment
A
OF
INCOME
FOR
was
THE
and
$5,078,333;
mineral
lands,
value),
(after
etc.
$13,707,832;
accounts
$4,096,141;
inventories,
in miscellaneous
total,
and
machinery, equipment,
and
depletion
$197,648;
unemployment
insurance
and
Net
$60,000;
year,
3'/4%
promissory
abandonments
arid
stock
(outstanding 470,283 shares of no par value), $12,439,030; capital
surplus, $611,328; earned surplus, $5,488,640; total, $30,235,262.
extent
on
nesite Co. in the
rowed
by
of
contingently
bank
a
loan
Magnesite
which
40%
under
Co.
is
$480,000
or
Refractories Co.—V.
General
liable as guarantor to the
made by Northwest Mag¬
agreement
total amount of $2,400,000.
Northwest
$1,200,000,
is
company
40%
of
To date the
this
amount bor¬
amounts
agreement
contingent liability
a
to
the
of
168, p. 1361.
Time Instrument
other
and
Interest
charges
debenture bonds
on
Net
(&
costs
Net
&
Oct. 4,'47
Oct. 5,'46
$8,745,624
$6,384,873
$5,782,981
8,930,674
7,875,825
5,821,182
5,180,534
$1,375,128
$869,799
$563,691
$602,447
expenses
operating
income
income
(net)
Oct. 6,'45
69,120
37,456
34.181
3,401
$1,444,248
$907,255
$597,872
$605,848
573,086
386,931
218,013
for
inc.
$379,859
$221,333
taxes
*
contingencies—
ASSETS—Cash
net
tEarns. per
income
$871,162
share.
com.
■^Includes
provision
75,909
153,326
$37,028
$79,264
$42,236
10,000
10,000
20,000
33,830
,67,560
$6,802
,
SHEET,
SEPT.
30,
$8,396
1948
$47,067;
receivable fiom' management
receivable—tenants, $424; prepaid insurance,
prepaid expense, $4,727; real property
located at 257-265 Fourth Avenue, New York, N. Y. (after reserve for
depreciation of building of $390,556),
$909,444; goodwill, $520,713;
agent,
$11,251;
$787;
deposit,
on
accounts
prepaid
$8,161;
taxes,
'
,
LIABILITIES—Interest payable on debenture
bonds, $33,830; accrued
on first mortgage, $675; Federal, Slate
municipal taxes, $1,518; first mortgage on real estate, $135,000;
deferred credits, $4,505; reserves, $2,400; 20-year debenture bonds, due
accrued interest
$350;
expense,
and
June
1,
$1,691,500; capital stock (3,381 shares), $3,383;
total, $1,502,575.—V. 166, p. 2660.
1949,
Guenther
deficit,
Publishing Corp.—Declares $10 Div,, Etc.—
have
directors
capital
addition
bbnus
of
cost
a
declared
which
Jan.
living
covers
a
dividend
of
$10
per
share
on
the
to holders of record Dec. 15. and in
and a profit-sharing distribution. The
the last quarter of the year, amounts to 22% of
payable
stock,
3
honus
employees' salaries for the period. The profit-sharing amounts to 10%
of the corporation's net earnings for the full year and is also payable
to
employees.
of
$520,324
$2.42
for
Federal
$1.37
$1.00
profits
excess
$0.52
tOn
taxes,
333,243
per
also been
168, p. 46.
have
share
paid
on
the
stock in
Agent Appointed—
Oil Corp.—Scrip
Gulf
78,958
$10
of preceding years.—V.
January,
arranged with Bankers Trust Co., New York.
Y., to act as agent for holders desiring to purchase or sell scrip
representing capital
stock of Texas Gulf Sulphur Co. distributed
by Gulf Oil Corp. to holders of its capital stock.—V. 168, p. 2431..
This
Consol.
$232,590
*305,557
Provision for Federal &
Canadian
$112,937
$1,594
Dividends
Total income
13,583
$119,653
33,830
BALANCE
Subs.)—Earnings
$10,305,802
:
$219,007
6,856
bonds™——
loss
The
sales
$106,081
-16 Weeks Ended
—
Oct. 9,'48
Net
$112,926
—
debenture
on
$370,584;
Corp.
1948
Sept. 30,'48
age
notes due May 1, 1963, $5,000,000;
replacements of real estate, plant and
$3,500,000;. reserves for
contingencies,
$500,000;
capital
for
equipment,
30,
Year Ended
77,417
___
Depreciation
pensions, $129,984;
interest
accrued,
$68,196;
allowance for Federal income tax
(less
$1,740,000 U. S. Treas notes, tax series), $101,508; notes payable, ac¬
count of acquisition of The Kentucky Fire Brick Co., due within one
reserves
SEPT.
dper. profit, before deprec. &
interest
old
last.
1,
6,727
—_
.
income
Expense
$30,235,262.
payable, trade and others, $1,293,453; ac¬
accrued taxes, $160,990; miscellaneous accruals,
$584,474;
wages,
June
ENDED
Mar. 31,'48
electric current—
Gross
of
LIABILITIES—Accounts
crued
income
Rental
Sales of
com¬
less reserve, $4.80,000;
depreciation
for
reserve
and
$6,503,315;
stocks
investment in 4,000
$14,154;
shares of Northwest Magnesite Co. (at cost)
deferred accounts, $54,680; real estate, buildings,
on
YEAR
—j3ix Months Ended—•
investments
nominal
or
hand,
on
reserve),
$300,808;
made
Sept. 30,'48
has
corporation
N
shares.
NOTE—The' total
to
p.
9,
1943
Oct.
(41
4,
1947
stock
were
consolidated
weeks)
(40
is
income
net
and
$2,462,283
weeks)
for
the
the
for
fiscal
fiscal
year
Gulf States Utilities Co-Earnings-
to
up
1947
year
up
Earnings per share com¬
$6.96 for 1948 compared with $3.97 last year.—V. 168,
2430.
Operating
Oper.
&
exp.
Federal
Period—
Week Ended
Dec. 7
1948
Operating
—V.
revenues
168,
'
2542.
p.
—Jan. 1 to Dec. 7—
1947
$53,950
____
1943
$50,000
•
,
1947
$2,654,097
Net
Other
$1,867,435
revenues
1,088,982
taxes
gen.
Depreciation
Georgia & Florida RR.—Operating Revenues—
1948—Month—1947
Period End. Oct. 31—
$1,461,140/
was
166,667
——
1948—12 Mos.—1947
$1,644,529 $22,227,166 $19,068,941
895,362
12,550,490
10,650,757
154,167
2,214,298
1,840,431
188,245
2,289,019
2,051,658
taxes—
197,366
revenues-
$434,418
$406,755
$5,173,359
3,307
3,152
28,989
49,298
$431,110
$403,603
$5,144,371
$4,476,798
57,004
62,293
759,280
671,096
$4,385,090
$3,739,549
income
oper.
(net
income
Dr)
Balance
-
Interest
i
_
amortization
&
•
Georgia-Pacific
Plywood
&
Lumber
Co.—Net
Work¬
ing Capital Increased—Dividend Outlook—O. R. Cheat¬
ham, President, on Dec. 18, in commenting on the com¬
pany's present position and plans for the coming year,
said in part:
The
regular
stock,
rate
the
year
on
by the
$1
been
per
highly
which
on
have
been
quarterly
payable
voted
of
has
program
of
the
Jan.
15,
directors
1949
Dec.
which
is
and
management
progressively
dividend
share,
successful,
of
to
14,
25c
holders
in
share
of
This
approximately
fruits
embarked
reflected
per
1948.
the
in
record
the
Dec.
maintains
20%
the
of
the
common
31,
the
the
was
later
felt
advisable
to
defer
any action of increasing dividends until
company's net
working capital has been
in excess of $6,500,000, with ■ current cash
balances running in excess of $2,000,000 and a current ratio of better
than, two to one, in view of the
volume of business being handled
plus the outl.ook for further increases, it is felt that these funds
will
be
date.
to
a
While >the
point
required
for
Earnings
*
of
now
the
conservative
operation
of
the
$374,1Q6
dividend
Applicable
to
shares
per
stock
common
outstanding-—
share
which
taxes.—V.
168,
$341,309
requirements.—
:
Representing that portion
bonds
is
eouivalent
p.
724,250
528,000
$3,660,840
2,182,820
$1.68
$3,211,548'
1,909,968
$1.68
of premium and expenses on redemption
to resulting reduction in Federal income
2542.
Gulf Power Co.—To Sell Bonds
business.
Privately—
asked SEC permission to issue and sell an
aggregate of $1,000,000 first mortgage bonds, -3y8%
series, to be
dated April i,
1948 and to mature in 1978.
The bonds will be sold
for cash at private sale to institutional investors at 98.58 and interest
from Oct. 1, 1948 to the date of delivery.
Net proceeds to the com¬
pany are estimated at $978,450.
The
view
of
the
very
satisfactory earnings during 1948 the board
consideration .to the advisability of increasing the dividend. How¬
in consideration of plans for further increasing sales in 1949
and working capital requirements for
handling the volume of business,
a
income
Preferred
66,153
_
1948
annual
estimated
In
it
Net
early
operations.
our
on
of
earnings for the year.
increased
charge
^Special
Common
1948
year
$4,526,096
$2,355,578
ever,
represents holders of preferred stock
figures compare with 403,134 common
preferred for
the
third
quarter
of
1948.
minimize
to
thousands
period
same
gave
30,866
$6,454,947
223,006
1948
30,
mon
with
These
27,284
$6,445,220
_
$689,332
share——
ASSETS—Cash
fourth
Quarter of 1947.
Cr93,663
$243,716
Balance
STATEMENT
prepaid
was
General Motors Corp.—Stockholders Number
433,191—
/
1,735,335
307,829
$760,357
per
part
Manager
$9,917,919
324,009
disct.,
income
Divs.
3,887,282
Cr24,277
debt
of
4,580,266
$750,327 $10,119,711
$756,736
long-term
on
(5,239,959
{3,418,410
:}
Other deductions
463,655
Pennsylvania
expansion
^68 Jlc1egPresldent in charge of the corporation's sales division-
the
755,919
.
taxes
horticulturalists
BALANCE
mon
ht,m!?viR,nPar<k/1\ fJormerlv
Of
768,521
93,298
note retir.
company
The
and
598,044
377,952
$5,809,990
13,829
earnings of $2,062,207,
Oct.
PG&E
™2K£te\the
record
1,508,500
taxes
Income
$5,432,038
1
1947.
It's
$300,000,000.
General Foods Corp.—New
Vice-President—
Of
1,800,000
of
Amort,
1
130,740
or
postwar
new plant's 300-000 kw- wid supplement the"
wlfr L ™sent system covering 46 counties in Northern California.
tnT I.! ^?°SS LandinS Plant, General Electric will supply two 100,000RfYsm H?Kiene 0rs °Pe with a 129-375-kva, generator; three 7,500-kw.
tu'bin,e generators; transformers; switchgear, pump motors;
f*C"er Bet? fof fche turbine generators; fan motors; crane equipment
SwifUhno eiCVa
5lt: circulating water-pump motors; d-c excitation
1948,
193,818
is equal to $4.41 per share.
most of the power generating and
*a hUge new plant being built hy the Pacific
?nMonterey\y Slff
™
219,468
income
The
wil1
oL rEWtrirqr pm!n
The
150,000
25,122,119
$6,492,704
841,459
income of $2,072,946, which
.
tr^.e«^f^n^lectric c°;
V
$1,441,871
with
of the strongest
the
area.
t,?° S™ppl7 Ma^ority
p
29,247,303
299,059
17 Wks. End.
on hy the utility to furnish power to
Before the end of 1951 many other
Wl11 be added and nearly two million additional
f
plants in the Bay
168
150,000
deprec.
Gramercy Park Building Corp., N. Y. City—Int., Etc.—
Res.
part
Power Plant at Moss
Landing, Calif.—
V
5,651,750
plant acqui¬
adjustments
17.
kwh.,
f
$6,193,645
amortiz
on
for
Net
the
Pri>g^anl b!:ng carried
-1 Ca'ifornia°
n
404,000
'iiHmS?
5,631,200
for
Development of
taxes
Prov.
6,531,353
$1,887,705
and
delivered,
the one de-
with
one
power-generation chain,
Station
r
new
Dec.
*
'
79,485
deductions
Other
horsepower supplied to the system.
By the end
Five
ended
$1,362,386
—
and
Oper.
ra2'er' WiH make Station-F"
E
G
expanded
postwar
475,000
Federal
100.000-kw. turbine generators for the Pacific
according to General Electric
have
31.677,894
466,700
Amort,
168, p. 2542. >'
180,717
-
_______^
Interest
51 Co.'s Station "P" in San Francisco has been
a
<T
$57,323,610
38,484,094
va¬
*
It was given exhaus¬
production.
The second of two G-E
tlirhini
and
Depletion
Pacific Gas & Electric Gets Second
100,000-kw. Gen¬
in
$64,693,374
sition
10,742,089
of
$1,706,988
from
Corp. and prop, taxes.
Amort, of 3 V4% note exp.
erator—
links
increase
an
of last year.—V.
7,699,610
—
sources.
Deprec,
communica-
taxi companies
1948—12 Mos.—r-1947
1948—Month—1947
-
exps.
profit
income
General
unlt features high selectivity.
e*8,
tests
by
168,
3,055,502
total, $1,502,575.
Announced—
FM
i*?e L52'162 mc frequency band, has been
tIi
and
NOTE—The
Broad¬
Syracuse, N. Y.
The units will be
Portland, Ore., and San Diego, Calif.
Transmitter Division of General Electric
Co.
Designed for police departments, public
utilities,
tive field
Video
Park,
stations
Mc
has
feet.—V.
square
$5,186,748
448.
p.
1948—3 Mos—1947 '
1948—12 Mos—1947
$9,406,598
$7,893,739 $35,440,948 $30,554,157
Total profit
Transmitters for Video Broadcasting Co.—
contract
new
Sept. 30—
to the plan for
ginning of the following year.
Any bonds purchased by employees through payroll deductions fol¬
lowing suspension of the bond deposit will be delivered to the em¬
ployee.
A
Gross
$9,285,956),
price of bonds purchased under the plan
Were to reach the
$30,000,000 mark before a calendar year ends, the
company will suspend further deposits of bonds under the plan for
the balance of the
year, and commence depositing again at the be¬
used
168,
Refractories Co.—Earnings—
sales
rious
notes
holding period, any employee may withdraw from
time and recover whatever ha has paid in, both in
The maximum
Electric
275,000,000
3,523,034
expenses
Provision
Corp.—Weekly Output—
kwhi,
165,815,107
operations
Other
the G-E
bonds,
stocK.
any single calendar year Is $4,500,000 to be paid in the form of G-E
stock.
The employee subscriptions are limited to $30,000,000 a
year.
A
to
em¬
bonds and any cash
balance, and the accumulated income to his credit.
Hs will get the stock
bonus, however, only if he leaves his bonds on
deposit for the full holding period.
casting
of
of
of
the
of
at
Five
1949.
1,
bonus, and the accumulated
plan
actually
under the plan.
company
Jan.
commences
Regardless
the
the
of
approximately
five-year "holding period" during which the bonds remain
deposit
stock
price
deposit with the
on
The first
On
cost
reserve.—V.
output of this corporation for the week
sales
Net
Earnings,
Those
15%
contingencies
to
the corresponding week
over
General
Fed.
is
in
electric
amounted
Period End.
period.
required five-year holding
manufacturing
$5,494,514
preb.
not
"About 30%
of those buying bonds outside the new plan are also
participants in the Stock Bonus Plan, presumably because of the
$10-a-week and the $43.75 monthly maximum limitations for eligibility
to
$750,000
6.9%
Cost
include approxi¬
mately 14,000 employees who are purchasing U. S. Savings Bonds by
payroll deductions outside the plan at an annual rate of about $5,000,000. Mr. Lockton said.
He added that many of the employees sub¬
scribing for bonds outside the plan intend to use their savings before
does
employees
participating
of
of
revenue
Operating
the
year,
applied, is $10 weekly, or $43.75 monthly.
estimate
1948
or
plan provides that employees
who by payroll deductions subscribe for the purchase of U. S. Savings
Bonds, Series E, are eligible for payment by the company of a 15%
bonus of G-E stock on the cost price of bonds purchased by the em¬
ployee.
The maximum deduction for purchase of bonds, upon which
Inaugurated
capacity
Period End. Nov. 30—
$0.49
-;
_
General Public Utiltiies
.
the
to
annually, he said.
plywood
four
General
of
tions
of
3.
Subscriptions
deductions
Washington
Springfield Ply¬
procedures
through
and
subsidiary,
Georgia Power Co.—Earnings1947
$400,286
earnings of The Stuyvesant Insurance Co. which were not
the previous year's earnings.
tAfter abnormal appropria¬
figured in
this company, representing 44% of all
employees, are participating in the new G. E. Employee Savings and
Stock Bonus Plan, as of Dec. 1, John D. Lockton, Treasurer, estimated
some
these
of
directlv
operates
owned
60%
2431.
30
*1948
t$383,893
Earnings per common share
Co.—Savings & Stock Bonus
Electric
its
consummation
and
owns
Corp.,
annual
■^Includes
General
successful
now
plants in Washington and Oregon—two of these at Olympia, one at
Bellingham and one at Springfield.
These plants have a combined
In¬
p.
profit
of
Washington Veneer Co.
the
With
Co.
subsidiaries
terms
of
the enlarged
Veneer
making small loans.
Fiscal Years Ended
A stock from
the
the subsidiary companies, Bellingham Plywood Co., a
subsidiary, was merged into Washington Veneer Co. in
exchange for 30,000 shares of the latter company's common stock,
giving Georgia-Pacific an approximate two-thirds direct ownership in
168, p. 2430.
Mutual
announced the merger of '
Dec. 22
on
subsidiary units, thus simplifying Georgiaand operating activities.
the merger agreement, approved Dec.. 22 ny the
company's
corporate structure
wholly-owned
Corp.—Borrows $1,500,000 Privately
was announced Dec. 22, has bor¬
The
President,
Cheatham,
the
stockholders
lines
clude financing new and used motor vehicles for purchasers and dealers
and
held.
the par value of the class
See also V. 168, p. 2430.
change
voted to
York
principal
two
of
share
par
unveiled
be
series of unusual exhibits—V.
$1,500,000 from
approved a proposal to split-up the
new shares of $1 par value in
stockholders
the
stock
B
exchange
will
Cadillac
Buick,
1949
a
Plioenix
R.
of
Pacific's
Under
lines
Pontiac
The
presented in
held
27.
and
show.
Owen
two
corporation, it
of New
Co.—Split-Up Ratified—
Gemmer Manufacturing
be
rowed
The
Monday, December 27, 1948
Merges Two Untis—
complete showing bf all of
and the first combined
at the Waldorf-Astoria in New
display
one
will be
Jan.
Chevrolet
General
—The
CHRONICLE
first
the
in
cars
1940
to
20
Waldorf
also
Motors
since
Jan.
1949
the
will
projects.—-V. 168, p. 2324.
1949 on unfinished
year
from
The
at
program
endar
no
General
GM
corresponding sales will show an increase. In addition to its pulp and
paper operations the company owns and operates two sawmills, one
eaoh at Cabano, P.Q., and Plaster Rock, N.B.
FINANCIAL
that
announces
1949
York
&
Show, Begins Jan. 20—
company
the
Total average sales to the public of all products of the company and
its subsidiaries for the ten years 1938 to 1947 inclusive was 157,371
tons.
In 1947 such total sales amounted to 183,355 tons and for 1948
.
COMMERCIAL
company
has
prior to the issuance of the bonds, to increase
represented by the outstanding common stock of
$2,665,000 to $6,560,000 by the transfer of $3,895,000
from earned surplus to common stock capital account.
■«•••••
The company will use the proceeds of the sale of the new bonds
to provide a portion
of the funds required for the construction or
Gulf
the
also
stated
proposes,
capital
the company from
168 :
Volume
acquisition of permanent improvements, extensions -and
its property or to reimburse its treasury in part for
made
for
such
COMPARATIVE
additions to
expenditures
ASSETS—
that
,
order to finance its
proceeds'from the sale of the'
in
construction' program it. will use the
new
bonds and
cash
on"
hand
and
estimated
168,
2431.
p.
FINANCIAL
received
be
to
from
' •
CHRONICLE
BALANCE SHEET AS AT SEPT.
*.
,
I—
nbteS—,
Accounts receivable (net)—/—
/——
Inventories ——1—1/
U.
S. Treasury savihgs
$627,076
250,000
1,075,154
882,171
573,138
762,497
_
122,017
98.080
6,449,328
6,702,771
10,300
225,287
10,300
364,877
Total''_v—li————=-^-—wZ_/Z.—; $9,835,260
$9,697,771
Leasehold
——a-.--—>;
value )i//
(net book
Deferred
(& Subs.)—Earnings—
«■
(less amortization )__i—
charges
Het sales,
•other
♦Cost
-
goods
sold
13,144,178
>jnv: for depredatiom/
Sell.,
.
362,976
.
.
gen. and adm. exp.
190;054
-
1,013,198-
=976,866
4,100,304
4,019,725
-
1,024,777
.
Accounts
48,807,336
754,654
48,915*857
13,101,862
•
Interest
profit.
oper.
Interest
$1,811,399
$2,093,767
$3,818,730
20876
32,801
192.19S
$7,94T,259.
138;8€0
$3,126,568
$3,91(J;935
$$,088,1*9
dividends^.-
and
earned
tax
corporation—prov. for
eerp.-^ai. for prev.
Loss
income
on
retired
property
sold
•or
$1,832,375=
(net)
Prov.
for
inc.
40,241
Cr4,224
TrZ69
retirement
accrued
and
•Itebenture
taxes-
i.—JZ
te*—
1,466,000
3,024,320
$2,521,544
$4,982,644
651,614
3,040,863
credit
balances
profit
2,172.045
2,172,045
Cash dividends
Capital
shares
Earnings
$0.59
$1.16
$2.29
•Including
j.
outstdg—
share.;.—
per
*
materials
r
royalties paid,
1954s
Deficit from
.
purchased.
maintenance
taxes and other operating
and
cost.—V.
.
168,
p.
$5,660,131
Net profit after taxes—
Earns, per com. share—
—V.
1948—9 Mos.—1947
552,759
2,634,372
$0.43
$0.40
$2.01
income
Earnings
-
per
<
'In
Sept. 26—
after
shares
outstanding
388,490
_
-
shares.
common
—$2,722,866
t
^
—
°$6.70
—,
addition, net tax refunds carried to surplus amounted to 45 cents
per
share.' tBefore
for
past
charge
A
employment.
After
$1)090,221 under the retirement plan
this charge, net per common share was
of
$3.24.
'
168,
Home Oil
own
r
of
business
—V.
168,
been
have
may
advised
to
register
all
30,
■
Honolulu Oil Corp.
shares
1
1947
1948
.
oper. exps.,
taxes
&
general
\
'1
1
1945
$8,619,289
•'
$9,251,233
•
5,157,825
4,091,765
'
2,970,014
2,610,244
said
of.
income
$855,000 principal amount
Total
Fed.
2,766,331
2,941,972
income
2,551,552 -
it buys additional
$7,083,047
$3,729,666
14,347
16,216
15,959
Net
$14,094,029
$7,097,394
3,920,000
1,725,000
income
$10,174,029
$3,745,883
21,053
34,257
192,750
$5,351,341
$3,027,174
1,172,179
703,307
$3,475,855
$1,854,995
937,743
937.743
937,743
$10.85
for
$5.71
$3.23
$3.72
,
COMPARATIVE
ASSETS—
CONSOLIDATED
:
BALANCE
♦Capital
assets
56,477
94,376
26,761,943
25,269,886
228,556
202,236
——
„—
—
Prepaid and deferred charges
Total
SHEET
$15,743,934 $14,999,370
_
1
— __
—
other
;—
„,
$6,035,771
—
Unappropriated
Treasury stock
earned
in
Honolulu
1,137,636
—
surplus.;
:
26,284,059
163,055
;
25,514,940
163,055
Net
oper.
(net)——,.
1948—10 Mos.—1947
trans-
$3,430,588
2,877,253
$31,867
$86,825
$553,335
2,308
1,818
,35,733
27,702
$88,643
$589,068
73,762
79,710
739,148
$881,132
751,660
11,760
„
Net
626
168,
$8,306
t$ 150,080
$39
$117,712
-
$3,753
$13,613
$4,788,860
1,380,843
1,025,669
$306,215
$4,709,706
food,
beverages
—iL_—_Z
1946
1
Rent
insurance, etc.
5,336,596
-
estate taxes
(net)—
the
Net
allowances
500
500
410,041
256,942
$22,353
$397,572
$245,571
5,199
244,876
92,636
$60,982
43,421
2008.
.
Inter-Mountain Telephone
Co.—Stock Subscriptions—
Of the 95,000 shares of common stock (par $10)
for subscription by stockholders of record Nov.
offered
Co., at $10
The
by the underwriters headed by Courts
&
share. Stockholders' rights expired Dec. 15.
per
Southern
Bell Telephone & Telegraph Co. and The Chesapeake
Telephone Co. of Virginia owning 32.8% and 12.2% of the
stock, respectively, as stockholders subscribed for
proportionate share of the new stock, or 42,776 shares.
These
Potomac
&
common
underwritten.
not
were
Sale
of
.
Bonds
Privately—The company on June 10,
1948, sold privately $750,000 1st mtge. sinking fund bonds,
series C 3V2%, due April 1, 1970, to the Mutual Benefit
Life Insurance Co. and John Hancock Mutual Life Insur¬
Co. at par and interest. Proceeds were applied to¬
reduction of the company's bank loans incurred
PURPOSE—Company
intends
apply
to
$133,182
1,539,245
950,017
4,350,055
2,593,955
2,293,602
Operating
1,565,700
6,612,800
3,914,179
$1,392,635
$620,375
$3,217,063
$1,831,437
2,458
.
profit
.
is
rents
and hotel services
flncludes additional tax of $16,072
$175,002
and
other
for the year
sale
Of
for
construction
new
substantially
CAPITALIZATION
GIVING
EFFECT
PRESENT
TO
Authorized
sinking fund bonds:
Series A 3%, due June
Series B 3%, due Dec.
6%
•No
1,
397,000
750,000
$1,500,000
non¬
—
35,000 shs.
35,000 shs.
250,000 shs.
$10)_
(par
(par $10)—
authorized
in
$989,000
—
1976
1970
1,
stock
(participating)
stock—voting
FINANCING
Outstanding
•
1972—
1,
non-cum.
maximum
190,000 shs.
is
provided in the indenture,'
amended, of the company securing the first mortgage sinking fund
nor
is any maximum in authorized amount provided in
the
indentures supplemental thereto creating the respective series of such
bonds now issued and outstanding.
Certain restrictions are provided,
amount
7,413
12,802
27,099
bonds,
however,
first
the
in
Jan.
Total income
$1,395,093
$627,789
$3,229,865
$1,858,536
102,617
53,731
294,515
103,215
472,118
.
—
210,203
1,087,915
574,140
Deprec. and interest
•Provision for taxes—.
service
is
respect to the amount of
which may be issued.
additional
bonds
BUSINESS—Company was incorporated in Virginia
The business- of the company is that of furnishing com¬
services,
mainly local and
toll
telephone service.
the company in sections of Virginia and
furnished
On
nessee.
with
fund
AND
20, 1922.
munication
indenture
sinking
mortgage
HISTORY
Aug.
by
31,
1948,
the
company
had
This
Ten¬
telephones, to
45,085
service.
—
$820,357
$363,849
$1,847,435
$1,181,181
capital share
$1.78
$0.79
$4.00
$2.56
Nejt income
Earns,
per
S.
•U.
—V.
Federal, Dom. of Canada and Republic of Mexico income taxes.
168,
1146.
p.
On
Period End. Oct.
exps.
and
1948—10 Mos. —1947
$799,851
$7,861,779
$7,708,162
649,291
661,573
7,094,569
6,532,962
taxes—
stock
Operating
$138,278
$767,210
$1,173,200
10,064
75,709
143,332
was
furnishing
$141,206
$213,987
$910,542
$1,335,917
131,648
131,539
1,314,709
1,316,947
90,642
90,642
906.417
906,417
$81,084
$8,194
$1,310,584
$887,447
local
in
service
29
offered
to
stockholders
certain
or
Equitable Securities Corp.—
Mason-Hagan, Inc.
—V.
168,
p.
1694.
shall
Evans
&
not
be
sub¬
43%
—
Scott, Horner & Mason,
A.
as
their assigns.
28%
^
11%
Inc
10%
Co., Inc._
8%
'
162,717
$131,141-
income
'
income
company
such stockholders
Clement
Non-operating
the
Courts & Cc._
$780,432
operating revenue
Oper.
1948,
areas.
UNDERWRITING—The' underwriters agreed severally and not jointly
to purchase from the company at $10 per share and in the
percentages
set opposite their respective names, so
many of the 52,224 share's of
scribed for by
1948—Month—1947
31—
Gross
Co.—Earnings—
31,
Aug.
exchange
common
/
International Business Machines Corp.—New Vice-Pres.
income
Gross
Income
charges
Interest
adjustment
on
bonds,
■
.
5%___
Deficit
—
.
.
Albert
L.
directors
cents
all
share,
per
special
a
payable
During
of
10
the
of
168,
stock
70
cents
p.
quarterly
dividend
1,
1949
1948,
year
per
declared
20
usual
the
March
cents
—V.
Dec.
on
share
per
the
and
of
to
share,
dividend
paid
extras
of
for
compared
of
each
four
10
20
record
of
10
dividend
cash
extra
share
one
company
as
an
cash
stockholders
three
and
Treasurer,
has
Treasurer.—V.
shares
Feb.
4,
quarterly
cents
per
with 40 cents
of
cents
10
per
held,
1949.
dividends
share,
paid
in
or
a
1947.
'46.
Months
Net
Ended
Sept.
10—
tax
of
rents
sold
Z
railway
1948—Month—1947
1948-7-11 Mos.—1947
22,648,152
$24,336,834 $10,401,440
°$5,243,934
oper¬
18,463,800
7.268,227
Maintenance
179,333
157,318
1,698,347
1,564,454
U.
40,604
23,634
358,521
340,619
$168,800
$157,870
$1,866,677
1,884
21,078
16,700
S.
Other
$170,767
$159,754
$1,887,755
income
Misc.
deductions
Fixed
charges
1,495
,
686,405
2,778,823
3,412,445
2,405,132
1,003,023
912,066
selling
$47,365,095
$33,177,732
$19,574,463
22,330,776
21,105,807
11,183,392
3,641,590
3,040,101
163,026
175,000
172,000
8,461,635
6,232,040
2,181,369
3,261,010
3,034,440
2,755,206
'$409,656
$879,391
Ur392,374
748,776
163,597
$9,114,694
earnings
and
and
Federal
taxes
income
(incl.
for
gen.
expenses
repairs
tax
for.
taxes,
depreciation
etc.)
$339,120
$1,042,988
2,384,102
2,436,130
1,410,709
678,970
912,502
2,301,110
$6,051,622
•$3,009,512
•$2,668,831
3,934,565
2,403,105
$1,669,619
Balance
Profit
Total
14,787,811
470,781
$1,652,919
1,967
17,674,419
1,059,975
(net)—
gross
$10,826,219
Oper.,
1946
$17,404,218
$9,507,068
income
Total
8,411,348
inc.
1947
3,033,705
$12,334,893
oper.
of
88,272,499
Divs., int., management and service
fees, etc., from United River Plate
Telephone Co., Ltd.———
Sundry divs., int„ advisory fees and
$1,028,282
689,460
income
position
.
$98,673,939
Interest and management and serv¬
ice fees from subs, not consol
Provision
Other
the
111,593.399
—___
Gross profit on sales.—
Telephone and radiotelephone
ating revenues
$1,191,754
803,017
payable.
to
$135,930,233
goods
expenses
revenues
elected
2226.
1948
sales
accruals—
oper.
p.
International Telephone & Telegraph Corp. (& Subs.)—
Other
Railway
been
168,
-f
Hudson Motor Car Cof—Extras in Cash and in Stock—
The
Williams,
Vice-President
Cost
121,665
1,143,863
the
the year 1949, the company estimates that
will approximate $1,200,000, which
in excess of the balance of such net proceeds.
The company expects
to provide by new bank loans the additional
moneys required
in the 1949 construction program.
In accordance
with the charter, the stockholders have authorized bank loans up to,
but not exceeding $1,500,000 at any one time outstanding.
expenditures
Common
$8,339,572
from
Howeveiv for
purpose;
voting
1948—9 Mos.—1947
$14,179,918
proceeds
the common
stock to
the extent necessary for
the payment of all
outstanding short-term borrowings.
The balance of such net- proceeds
wili not be segregated into any separate fund devoted to a specified
Subsidiaries]
$3,136,093
offered
8,
on a
share for share basis at $10 per share, 50,193 shares were
subscribed for by the stockholders and 44,807 shares
$3,373,603
1,583
17,104
18,338
45,773
46,648
508,383
511,379
252,973
$356,869
from
50
24,545
as
costs
Net
on
$123,499
$111,523
$1,362,268
$1,139,902
67.38
67.05
68.19
earnings
$590,249
exchange
before
(net)
of
interest
subsidiaries
and
—_
Interest charges of parent company
67.14
$51,179
foreign
other charges
Charges
Operating ratio
profit
•Less
Income,
307,969
253,025
227,492
tax
280,256
229,629
for Federal income
1,140,000
246,937
debentures—
Amortization
Prov.
Crl 13,708
1,165,192
on
income-
charges—
p.
Preferred
Interest in
$5,225,482
$6,486,963
5,095,671
$13,430,634 $12,696,161 $11,582,635
10,655,895
10,339,606
9,108,057
548,620
488,798
449,720
—
Interest
Net operating
Series C 3 !/a %, due April
Notes payable to bank
1948—3 Mos.—1947
sold
.
Net
real
-
—V. 168,
.
Co.—Earnings—
refin., freights, etc—
Operating
Net
$7,309,565
5,940,845
:
Total
of
$4,320,118
—
7
[Including Co.'s
Railway
1947
and
Operating expenses
Refund
zz_
'
1800.
val. of metals
50
49,497
——Z
389,588
Period End. Sept. 30
•Railway cper.
1948
$7,489,789
income
Taxes,
property
$3,763,191
389,588
•
$39,033
Corp.—Earnings—
Sept. 30—
cigars
♦Gross
38,853
$6,090,549
$387,619
'•
1,000
oper.
Operating taxes
Illinois Terminal RR.—Earnings—
Hotel Waldorf-Astoria
Nine Months Ended
of
$4,750,007
81,404
Period End. Nov. 30—
sales
<
pfd. stock for the period—
—
Howe Sound
3,320,873
2431
p.
of
lease
for
2,598,661
...
t
______
royalties
•Includes token adjust.
Net
100,095
120,177
$221,506
168, pp. 2432,
total
J$39,587
revenue———
JLoss.—V.
Rent
amount
$341,683
income—
Balance
and
oper.—
£axes (est.)
Net
$5,990,454
3,661
"
deductions—
(Dividends applic. to
$853,431
$34,175
transp.
from
Rent from lease of oper.
$4,174,303
322,475
'
Deductions
Income
$409,300
241,488
-
Rev. other than transp._
rev.
2,645,434
—V, 168, p. 2543.
$273,355
from
$2,536,973
2,033,960
9
1948—Month—1947
portation
Net
2,943,899
10,747;
1'
income———
Gross
income
Operating expenses
rev.
186,405
'
$330,936
rev
income
Rapid Transit Co., Ltd.—Earnings—
*
Net
16,273,142
$42,790,910 $40,565,868
—
depletion,
depreciation
and
amortization
of
September and $32,199,959 in June.—V. 168, p. 1042.
from
rev.
—
47,500
1,137,636
for
Period Ended Oct. 31—
•Gross
9,449,000
;
—
reserves
$32,897,865
$4,579,847
47,500
——
(£>r)_
Total
•
__9,449,000
—
—
Capital surplus paid-in
Appropriated
earned
surplus—j
•After
18,377,864
$383,958
144,074
Hudson & Manhattan RR.
payable, "accrued property, income and
stock
1,457,212
$42,790,910 $40,565,868
—
taxes
Capital
$3,405,774
$2,539,507
in the construction program.
1948—12 Mos.—1947
$2,027,575 $27,312,217 $23,668,583
1,772,722
Fed. inc. tax_^
for
Other
LIABILITIES—
Accounts
$264,901
217,953
oper.
__
ward
Co.—Earnings—
Sept. 30, '48 June 30, *48
•
assets
funds
168, p. 2119.
$2,247,732
Miscellaneous" income
Special
cost
$2,786,297
937,743
_
periodShares outstanding
Earned per share
Current
minus
and
average
$3,489,604
1,875,486
$6,423,057
(est.)
Dividends
Surplus
the
price to
plus
$3,716,312
9,609
709,100
__
taxes
The net
the
of
1948—Month—1947
*
-
deducts.
rev.
$3,700,652
38,302
3,750,972
paid
operation
changes in the landlord's
debentures.—V.
Period End. Nov. 30—
2,308,392
$14,055,728
"
income
income
because of
$567,655.
was
constantly' by'
varies
Houston Lighting & Power
Gross
Interest
1,
corporation
-V.
and
;
operating
Other
2,534
Operating revenues
$368,073
Operating expenses —255,544
-1st mtge.
exp.
leaseholds
4,839
were
option to buy, subject to certain conditions,
gen.
abandonment
Net
fund
1948, no
for that
'
Depl., depr., amort., surrend.
of July 1-Sept. 30,
out of the earnings
in
,
1846
income $22,155,524 $13,941,143
operating
Costs,
dividends
Lowery, President.
v
(& Subs.)—Earnings—
9 Mos. End. Sept. 30—"
Gross
266
shares
Income
-
734
also with¬
payable into
the period
sinking
an
1948—10 Mos.—1947
$3,410,613
rev._
UncoHectible
their
Prov.
their
of
according to Jas. R.
1948,
2225.
p.
the
to
Corp.—Earnings—
1948—Month—1947
$265,167
ance
by Dec. 30, 1948. The directors are considering a
be of benefit to shareholders of record at the close
Dec.
on
accrued
corporation has
Oper. revs.—Electric—
names
which
results for
the
Telephone
was
paid by
the corporation on such debentures.
According to
from the landlord, it held, on Dec. 31, 1947, under that
agreement, $855,000 principal amount of debentures, acquired by it at
a cost of $599,899, and as of that date the net price to
the corporation
as
Co., Ltd.—Registration of Shares—
Shareholders
their
plan
withheld, there
$9,697,771
and sinking fund payments have been
accordance with the plan of reorganization.
in
request a hearing.—
$366,807
information
Oper.
:
interest
5 to
;
interest
26,
1042.
p.
1,552,760
366,380
-
1948, the balance of appropriations by directors
for current expenditures for plant improvement amounted to $5,024,502.
^-V.
Associated
revenues
company's
•
Sept.
for
interest element and
'
NOTE—At
$9,835,260
-
months
of the Initial borrowing, the company plans to
promissory note held by the Chase National Bank;
Period End. Oct. 31—
1953, part or all of the debentures acquired under agree¬
ment with its landlord, New York State Realty & Terminal Co., dated
July 1, 1943, at the landlord's average cost, plus interest at 4%
per
annum
from
the
respective datfes of the landlord's > purchases,, less
U947
$2,470,117
388,390
$6.04
1948
taxes
i
•
'
tThe
\
.
39 Weeks Ended
Common
7,473,500
1,758,086
366,380
period.
1,940,262
$1.43
Hollingsworth & Whitney Co. (& Subs.)—Earnings—
Net
the basis of
payment
$4,915,956 $18,873,095 $16,264,539
594,671
—;
the debenture
provided
or
until Nov.
168, p. 2325.
•
property
paid until all interest
be
made
On
1948—3 Mos.—1947
sales
171,649
341,155
held out of 1943 earnings the sum of $109,443 Which was
the sinking fund for the redemption of the debentures.
No
1145.
Heyden Chemical Corp. (& Subs.)—Earnings—
Period End. Sept. 30—
addition to
•In
;/-_—_
——
14
2008.
p.
Net after
Total
labor,
repairs,
proceeds
.
121,871
Or808,034 £>r1,573,791
__Z—
—
the
in
27,598
112,245
6,559,000
operations -after charging amortiz.
168,
Operating
,
—_.
Capital stock (par $1)
may
Gross
54,112
293,410
._
debentures
income
-
2,1.72,045
$0.53
799,000-
"
$1,155,015
_
72,000
174,164
146,644
:—
withheld—^.
fund
-
$37,400,000
Interested persons have until Jan.
Indiana
93,419
,
4,018,283
2,172,045
,
——
-outstanding
$1,266,882
651,614
/
—
spend about
.
the
New York.
V.
will
it
December,-1949.
The total amount of credit would be
the amount of any bonds or debentures issued by the com¬
repay, the $5,000,000
117,628
'<
92,800
Surplus for retirement of debentures————
Net
81,988
224,446
years—1_
expenses
interest
sinking
taxes
677,000
i.
yr.
which
for
with
reduced by
43,917
57,578,,..
-29,627
'
f est.
$661,410
27,494
187,634
85,378
,.
.
$699,964
„
Unemployment.insurance
Deposits
*Cr76,249
445
'Crl,437
i
,
Sundry taxes accrued-or collected/—L—_—.♦__/
Sundry
/ '
'
»,
.;
1,797
charges
Fed.
-
.
.
(net)-/
Misc.
curr.
w
Federal
Total
,
—J—:.
Rlty.'&,Term. Co.'for rent
.
the ^debentures—3rd quarter
on
tax on
inc.
■'
" '
v"
_i.—
York State
Fed. inc.
Fed.
■Gross
payable
New
Due
"
'
•LIABILITIES—
...
revenue,/$16,231,751 $16,410,460 $58,811,757 $68,529,974
oper.
Of
and
royalties
ending
With
Sept/ 25,"48 Sept. 27,'47 Sept. 25,'48 Sept. 27/47.
.
-
company
program,
-Years Ended—*
-——3 Mos. Ended-
1
Period--
:
•
^
■
A
has asked the SEC for permission to enter into a re¬
volving fund credit agreement with a group of banks from which It
would borrow up to $25,000,000 from time to time until Dec. 31, 1949.
The company pla,ns to use part of the borrowing on its construction
The
pany.
'
9
Approval of Credit Pact with
Banks—
651,110
investments .'___„—_/_
Hazel-Atlas Glass Co.
Illinois Power Co.—Asks
1947
——_z.
Prepayments
.
(2685)-
30
1948
$728,926
expenditures for property
1949 in the amount of approxi-
during the years 1948 and
$7,500,000. * Thecompany states
operations.—V.
&
Gulf contemplates
purposes.
additions
mately
COMMERCIAL
THE
Number 4763
$540,706
$198,388
operating
1946.
•Incl.
.—V.
Net
depreciation
168, p. 2543.
—
$55,617.
.
:
t
income
•Loss.
10
EARNINGS,
9 Months Ended
Income
Current
income
ceived
U.
from
dollars-'-
S.
$3,120,257
not reavailable in
supplemental
indenture,, dated
authorized
'
.1946
t'
$2,795,479
1947
$3,127,891
1948
-----
issue
which
$494,000
income
U
in
Other
avail.
or
2,000,722
_
Jan.
held
•
$2,476,620'.
tb,701,257
$3,127,891
2,259,843'
$2,939,983
——
income
as
record Jan.
of
DEALER
First
with
$4,940,705 ' $5,387,734
$9,237,877
2,928,376
2,965,811 * 3,168;241:.
earnings-——
General expenses and taxes
gross
First
Profit
$2,012,329
-
exchange
foreign
on
$6,069,636
$2,421,923
X>rl7,434
„' 111,844
$1,994,895
$2,533,767
(net)—'
.
401
.
and
Paul,
retired.
haVe-.'been
and
VHad
entered
the
Linooln,
dealers.
Co.
Belden,
Minn.;
Neb.
are;.
Minneapolis,
Inc.,
in
Co.,
Interest
charges
678,970
(Includes
paid
River
of
out
Interest,
—V.
Plate
-
and
management
168,
with
proceeds
net
1948
its
complete; the
to
EARNINGS
>V
/T
Operating revenues
Operating
THREE
___.*
ex-pense
$4,222,172
—3,£82,213
._ai
——
(F. J.)
Jacobs Co.—Reports Record Automotive Parts
Business—
'
Automotive
breaking
their
level,
annual
Rex
parts
may
total 50%
models
that
will
shortly
machinery
be
introduced
bottle
public.
the
to
vending
Two
machine
ended
Sept.
30,
41
1948
Surplus
are
$228,088
$261,893
Federal
of
cents
70
after
and
to
cents
57
for
the
on
the
the
the
taxes
$103,9/1
of
,
Jewel Tea Co., Inc.—Current Sales
re¬
168,
—V.
168,
than
(The)
$
11,254,890
140,642,118
116,875,593
stock
Of
1943.
income
Dec.
22,
this
and
each
cents
The
•
payable
share,
per
17
payment,
20
cent's
1948
50
dividend
stockholders
of
of
70
record
Dec.
—V.
17,.
share was from net investment
capital gains.
Distributions of 20
realized
distributions
the
for
80 cents in 1947.—V. 168,
Publishing
Co.,
Portland,
has
company
sold
$1,222,852;
par),
of
stock
common
346.
a:
C.
The bonds
to
are
of
interest at the rate of
and
new
'
4Vfc %. The
first
moved into
company
held
corporation
their
.
are
covered
now
by
or
a
of
Security program—the first of its kind in the auto industry.
The 16,770 employees of the X-F Willow Run, Adrian, Detroit engine
Dowagiac
plants—and
under
Employees also
and
accident
The
the
program
is financed
week
a
V.
p.
free
hos¬
and
for
maximum
a
of
sick
weeks.
13
Wholly-Owned
of
five
All
cents
union
higher
hour
an
and
salaried
for
each
non-union
executives
hour
Railway
Railway
Federal,
Other
revenues
$3,604,747
expenses
1,933,643
Equip,
Joint
1,502,205
•
North
Timber
196,544
170,552
1,533,049
^riu,oo7
ur*o,io2
168,
$3,788,485
2121.
p.
profit on
Gas
Co.,
Inc.—Stock
Sub¬
scriptions—Of the 93,062 shares of common stock (par
$5) offered for subscription by common stockholders at
share, 78,449 were subscribed for; employees
shares and 12,036 shares were pur¬
per
per
share
per
share
1947——
•Based
The
the
is
company
of
purchase
and
Kansas
natural
and
transmission
operating
an
the
in
gas
wholesale
Nebraska.
public
and
State
retail
Company
utility
of
Kansas,
distribution
produces
small
a
in
U.
in
bined
36
population
52,000
in
towns
meters
served
attached
approximately
32,000
furnishes
Company
Kansas
to
Ammunition
electric
power
wholesale
in
and
company's pipe
served at wholesale
gas
for
heating,
Hastings,
houses;
and
to
Neb.;
various
CAPITALIZATION GIVING
for
There
been
$50
'260,577
8,479*718
4%
20,000
instal.
Feb.
Cumul.
$5
Com.
$100,000
on
fund
debs.,
3%'/r-
1,
plan
the
5,903,831
1 $3.91
requested
Co.,
to
provision
.
all
for
.
"
•
$100
Dec.
on
5%
par
-
preferred
preferred
their
near
cooking to
Kearney, Grand
United
fuel
at
States
several
along its
:
-
:
22 that the $100
series D preferred
cumul.
stock
pref.
(no
the
of
common
plan
of
snare
a
new
stock
•
Bank
City
to
agent,., to
in
of
an
the
has
company
exchange
for
'
,,
notes
to
asked
SEC
National
interest rate of 2%%
issue
permission
City
and
Bank,
each
Farmers
,
old
common
;.
y-
,
Profit
before
and
Net
min.
Fed.
j hi/
York, These, notes will
1, 1949. The purpose
,
and minority interestEarnings per share on
p.
1948—9 MOS.—1947
2009.
$1,770,829
2,750,000
•
1,065,579 '•
1,007,752
.
$0.41
$1.43
$1.35
(& Subs.)— Earnings-
for
Federal
income
taxes
Common
50,000 shs.
1,000,000 shs.
by payment
anticipates
of
y4
maturity
of
T%
profit after all chgs.
(est.)
130,000 shs.
.
558,372 shs.
than
sales
on
Fed.
taxes
Canadian* taxes
price
inventory
premium
installments.
—
for
tBy
per
1947
as
inventories. .The
interim
indices
on
The
no
732,087
623,893
income
3,883,595
3,726,823
other
and
871,927
value.
15,814,767
stock
common
20,306,112
Dr 95,713
0r95,7l3
reacquired
stock——
treasury
$55,301,004 $46,791,391
for depreciation
of $10,169,945
deducting $2,001,600
taxes
notes
corporation
is
at
in
1948
in
and $9,629,447
1948
and
$56,600
in
tax
negotiating
the
net
present bank debts,
r
If
when
and
pleted,
the
require
the
preferred
be
of
approval
stock.
arrangements
of
the
the
of
increase
holders
(
working capital,
such
twOrthirds
of
of
"
* t
the
■>
have
of
168,
of
the
com¬
called
which
declared
a
cents
25
p.
each
for
would
outstanding
would
stock
common
Distribution—
directors
year.—V.
be
•.
,'!■«
5"k
stock
dividend
payable Jan. 20 to holders of record Jan. 3.
distributions
loan-are
a
will
of. funded, debt,
of the. holders
■'
for
stockholders
preferred
upon
.Approval
Stock
The
stock,
meeting
acting
for a long-term loan of $10,000,000,
be used.as follows: $8,900,000 to retire
will
and the balance added to
required.
5%
r
which
satisfactory
special
a
purpose
not
of
proceeds
Net
were
2543.
-
made
-
on
the
common
Four quarte"iv
during the
;
INCOME
cash
calendar
current
ACCOUNT, YEARS ENDED SEPT.
'
sales
Interest
30
1947
1948
V/
$51,515,224 $40,718,86''
cn
receivables,
divs.
and
other income-
Income
of
sales
;
before
branch
Provision
depreciation______________
administrative
and
887,213
«
540,893
$52,402,437 $41,259,765
34,358,850
27,223,637
expe)lses_t_
11,179,035
age
Provision
for
on
Provision
for
and bank
taxes
loan
profit for the
surplus
Restoration
of
at
Preferred
576,081
Common
$0.11
to minority int.
48,338
"1,555,000
1,200,000
39,547
48,638
$2,747,906
year
beginning
of
year___*_____-
8,861,103
contingencies!-—
for
reserve
120,650
145,140
$2,002,829
7,841,224
900,000
46,100
$75,000
134,137
payable—
'income-/.—,
on
320,376
insurance and old
unemployment insurance taxes___
notes
1,452,213
355,709
group
3,852,175
1,878,022
for
pensions,
benefits-!
Earned
$12,509,009
Treasury
of
determining
Department
ac-
dividends
254,850
dividends
surplus
Earnings
the
15,399,544
25,965,747
par
the
$175,000
the Lifo method
which
605,947'
inc.__
on
Liquid Carbonic Corp.—Plans Increase in Debt—
>
Earned
$11,719,088 .$10,809,057
-282,900
121,100
payment of preferred dividends.
NOTE—These earnings are based
1,067,735
1,628,452
by
$0.28
outstanding—.
common sharc___—
$4,285,123
2,351,999
'
on
decline
$5,020,071
contr.
for
107,900
(est.)—
603,265
;
stock,
tAfter
576,081
taxes
shares
•Earnings
•After
and
25,790
13,656,785
445,795
"
Total
Net
132,357
14,748,384
assets_l_"__-
liabilitiesZ_"_____
accrued
collections
-/
3%%>
5,506,000
8,203,144
15,749,487
1947
Net
1948
!___
365,000
218,987
13,485,208
market-.
or
and mLcl
Proportion of profits applicable
profit after depreciation and interest .(est.)
Prov.
and
and
Fed.
Treasury
Interest
v
Lane Bryant, Inc.
Sales
2,750,000 :
S.
Selling,
$1,686,263
•/
•
303,943
$0.72
,187,910
1800.
^
-
.
536,643
shares
168,
cost
I
1947
10,185,700
Depreciation
taxes
)
30
6,070,109
______
(net)—
of
taxes
and
reserves
1947.
Cost
1948—3 Mos.—194.'?
$576,000
$2.72
-
•
will mature July
$905,184
'
/
,
secured
taxes
in subs.
after
profit
.
cost:
securities——.
other
taxes
•After
Total
_
SHEET,, SEPT.
■
$500,000
(& Subs.)—Earnings—
Period End. Sept. 30—
amortized
lower
CONSOLIDATED
is. to finance construction.—y. 168, p
Lambert Co.
"
*
'
,
sell
(o
New
$5.95
payment, value.. tRepresented
820,340 shares in 1948 and 814,044 shares in 1947.—V. 168, p. 944.
in
receive
Seeks Permission to Issue Notes—,,
The
',,
_____
U.
$9 in cash in exchange for each share of
In exchange for each share of 6%..series
provides one share- of 4<fc preferred stock,
common
1"
BALANCE
?
payable
held
in
have
stocks
.
common
share.-
.—V.
$300,000
30,000 shs.
prepayment
the
806,930
807,930
$8.81
.
*
tne
at
for
.
and
shares and $8 in cash.
In exchange-for each share of
preferred stock the plan provides one 47/ preferred share,
.eight common shares and $1 in cash. The plan also provides 66/100ths
Net
pari__l
made
stock
1,210,395
no
series D
746,371
lines.
due
($5 par)
be
Naval
central
Outstanding
$500,000
stock
may
preferred
5%
$2,193,907
13,863,521.
1948
at
Total
I-
of .common stock and
series B preferred stock.
9.2285
securities
for
and
-
Three Months Ended Aug. 31—
.
t
pref. stock
year
series
bonds
retail.
and
industries
1965
'Prepayment
each
fund
which
ann
5-1-49-51--
—_
sinking
due
■C
>
*
<•
surplus
of 6,114 shares
Cost
deemed
reserves
stock
certificates
transfer
1,451,000
1,615,860
e814,226
30
.share____~___'.
'
billings
.{Common
-
the Exchange opening
corporation's new
Y„
N.
3,048,113
Earned
.
par common stock
were
admitted to
notification chat the
for the revision of capitalization has become
surrender
York,
New
Sept.
at
common
contingencies
$3.94
$3.04
'
488,036
17,112,528
/stock dividend payable Dec. 1
Reserve
$5.16
•
old
744,714
3,120,000..
$55,301,004 $46,791,391
14,559,117
outstanding.
\
'
$4,809,443
stock--
common
receivable—trade
for
Prov.
This action followed
company's
'
37,688,302
53,991,852
•
21,83.9,703
CONSOLIDATED
Common
740,908
,
EFFECT TO PRESENT FINANCING
in
1965
mtge.
series
due
of
Sinking
1st
note
unsecured
about
of
at
and
power
Authorized
*2'/4%
in
85,663
.
/.
67,174,152
1__
LIABILITIES—
1,1841605
'
" $1.45
$0.79
stock and
cumulative
'
.
4.737.009
.
1__
Insurance,
tProv.
"
at
com¬
14,817
820,807
,—
Government
7,738,810
announced
Exchange
preferred
par
of
promissory
gas
'
•
current
assets.
!
•Property, plant and equipment___*_Z___—____
exchange
therefor the new 4%
preferred stock, new common stock and cash, in
the amounts provided for in the amended plan. v
i V '
;
"The amended plan provides one share of,.4%
preferred stock, 11
of
are
system,
-t
equipmexit
income ;
per
Prepaid
8,219,141
Lighting Co.—Plan Effective—
Curb
series B
new
,Trust
its
towns
The
line
near
near
38
natural
'
Other
5,159,739
2009.
p.
.company's amended
natural
'
Nebraska.
185,000.
the
are
to
distributes
towns
Norton, Kans., and
Hastings, Neb, and to the
and
Depot
at
and
39
approximately
natural
large state institutions
Island,- Geneva
is
in
and
in
States
of
.
_
in
1
surplus, Sept.- 30^——- $25,965,747. $20,206,111 $14,847,033'
of shares of common.stock..A"
S.
5,866,346
presently
23, 1918.
In place of these issues the
bear
The
company
supplies natural, gas
Nebraska and to 10 towns in Kansas
retail
and
the
amount
and also sells and rents gas appliances.
gas,
engaged
company
A
-
$78,020,275 $62,666,009 $41,821,245
Other -securities
555,681
Dec.
chased by the underwriters at an average price of
$15,543
per share and resold to the public at $16.50 per share.,
The
1946-
\
>
55,224
' '..
on
Accounts
2,177,563
includes
statement
168,
York
New
7%
par
l'/c
BUSINESS—Company was incorporated in Kansas,
May 18, 1927, under the name of Kansas Pipe Line & Gas Co.- Name
was changed
to present title April'9, 1941.
■
•<:
i
$10,014,464
185,227
1—.1
1,499,520 shares
on
shares
AND
;
•
$29,013,860 $21 ,$21,971 $16,057,428
Advance
1948
•Profit
subscribed for 2,577
HISTORY
'
.
.
65,288,316
Marketable
,
$12.50
'___■
L_
___!
ASSETS—
*. 745,566
6,422,027-
2,362,790-.
stock—1947_
Common
•Profit
Holders
Natural
.
,1947
of, property,
A
for
effective.
Kansas-Nebraska
to'
according
'
'
.
■
'V.
income,
selling & admin. :
-surplus, Jan.
Accounts
provision
dividends
___L
-Prov. for preferred stook dividends^.
Net profit on common stock—1948_
1,788,843
Cn.Oob
..
Total
stock would be removed from unlisted trading at
Dro,Jc2
1948
reeeived_>-__
outstanding
13,036,091
189,953
on
(net)
...
Earned
<
$3,353,515
sundry
Total
V, ^7,396,338
863,402
i
17,578
stock
Kings County
Dr)__
organization,
2361.
p.
$77,965,051 $62,651,192 $41,735,579
incl.
and
Number
Co.
_____
1,919,000
$774,998
167,
discts.
on
Dividends
90,266,304
-
6,232,074
2,515,000
'
in the
member
depreciation
for
Earned
Bonifas* Lumber
Star
before
income
preferred
1948—11 M~s.—1947
(net
.
110,698.733
4,047,930-;
-
4,900,000
1,814,000
$837,608
1948.
year
every
(& Subs.)—Earnings—
.less
and
inventories
206,000
income
"
10,602,057 /13,781,657.
322,053 '/ 'I 402,777
3,962,979
115,502
350,000
oper.
the
of
Net income
,.
■
j
9,738,655
.
2,345,212/
employees
rents
'
•/
$3,821,973 incentive payments
These payments,1 as an average,
:
sales,
plant
v.
(
'
..
5,785,089
.
3,591,441
371,938
156,000
ry.
of
taxes
9,Months .;,-12 Months
-
475,000
rents
'
2226./'
p.
'"
Can¬
and
dealings at the same time.
—V.
1,897,691
accruals
facil.
Net
Subsidiaries];
income taxes—
tax
-
^
70,075,507
interest—.
State
of William
and
Net
participate.—
$3,102,154 $37,924,961 $31,963,079
1,601,641
20.253.810
18,905,600
Wall's'
become Mr.
'• V ;
'
'
'
Provision/for Federal and Canadian
•
Ry.—Earnings—
1948—Month—1947
oper,
ry.
$1,047,618;U
85,599,251
__i
taxes
income
NOTE—Above
oper,
Federal
$50,-
»*,'•'
other
and
necessary.—V.
Kansas City Southern
[ncome,
Prov.
$14,443,046.
30,354,042
profit
Co.
2432.
Period End. Nov. 30—
will
-
•• i
allowances
expenses
cost/of; 12 3/10,
total,
Dr$22;
3-Months...
•••
expenses___.__^
..(wholly-owned subsidiaries)
Net
by two separate funds established by
covered.
makers
pattern
168,
$15
through payments
employees
except
dependents—receive
program inaugurated last Oct. 1.
receive $2,000 fr^e life insurance and minimum
of
company
by
28,000
the
benefits
entire
worked
their
payable,
;par),,;
Corp.—Earnings^-
income
inc.
Net
the
K-F Social
and
Net
„
pitalization
($1
$2,610,379;
treasury,
(net)
interest
Estimated
Coverage—
phases
more
for
Total income
Cost
■:
from, operations.'
Gross
Bond
total of 44,357 employees
a
one
York,
New
deductions
r
from
proceeds
24,864,910
selling
income
adian
Dec. 16 disclosed that
on
dependents
in
—T
and
Profit
Other
larger plant last July.
Kaiser-Frazer Corp.—Social Security Plan
The
and
'
been
distributed
President.—V.
Link-Belt Co.
Other
accrued*;, taxes,
payrolls
stock
surplus,
sales.l
General
Sold
in
of
effective.Jan/ 1, •1949.-ia-V. 168,
this company
workers
Earnings
for 20 years and will carry
run
accrued
common
earned
sales
Net
mortgage bonds to Mutual Life Insurance Co., New York,
and Jefferson Standard Life Insurance Co., Greensboro,
N.
by
$1,255,841;
_,•••'
[Including
2226.
$2,500,000
Reindel,
&
$•
Lincoln,
7- ;|and
contracts—contra, ,$240,000;
payable,
$158,148;
-
Privately—The
•
Period Ended Sept. 30, 1948—
Ore.—Bonds
i
also
has
1
Net
$936; accrued interest, payable, $2,549;
income, $63,264; long-term debt -due within;.
on
surplus, $3,135,377;
168.
Cost
Journal
secured
banks,
drilling
1948
year
p.
to
and
accounts
taxes
Kimberly-Clark
*
per
brought total
'
Vice-Presidents
''■*
7Nine Months Ended Sept. 3ft—,
sales to customers,
less discts/.'"-.-
'
cents
April 20, July 20 and Oct. 20, this year.
on
year-end' dividend
$1.30 per share, compared to
to
year-end
a
to
cents
from
made
were
declared
!
-
Marshall, Melhbrn,
and'named General"
of
'
' *
'
Superintendent,
.
>
the-income
F.
,
,
advances,
payable
income,
on
State
($22.50
"shares
Johnston Mutual Fund, Inc.—70-Cent Dividend
Dec.
J*
$1,132,120; due to affiliated companies, $113,686;* dividend, pay¬
able, $583; long-term debt, $3,362,261; cumulative convertible preferred
$
on
\
Genexal'Factories
<
46.
p.
the
by
necessary
168,
firm
law
year,
$
13,225,028
directors
to: 1,097
double
1948^-: ^ ^
30,
in
contracts
and
receivable
$47,360;
taxes
and
paid-in
The
SEPT.
accrued Insurance payable,
092;
2326.
p.
$26,262;
deposits
accounts
payable,
Federal
Nov. 29, '47
"$
Retail sales
discounted),
LIABILITIES—Notes
other
Dec. 4, '48
SHEET,
for loss of which $147,028 is pledged to secure
reserve
$860,061;
certain
.
—48 Weeks Ended—
Nov. 29,.'47
made
Vice-President
''
expan¬
$700,000
.
Up 17.5%—,
—4 Weeks Ended—
cars,
Co.—New
the
a
of
who has. been associated with the law firm of Cahill,
Carey,
Zachry
pn Dec. 17,
process, $399,897;; inven-/
$27,3.28;V prepaid* Expense,
$135,939; investments and advances, $510,945; propprtfes,"volant,.; and*
equipment (less reserves of $4,464,018), $8,494,589; deferred charges,
$570,169; total, $14,443,046.
JVUVV v;
against
1947.—V.
$2,500,000
Lincoln Electric. Co.—Makes Incentive Payments—,
1,047,006
$o;4?
$24,885;
tories,
notes
Dec. 4, '48
_________Au.
payable—contra), $2,862,125; due "from affiliated-com¬
due from officers and employees (less :$3j645 nptek
notes
panies,
the
on
dividend
shares,
the
equipment ana lnstruand substantial additions
business.—V;
Glass
l.„.The above changes become
ASSETS—Cash, $507,189;. U, S: Government bonds at.cost' plus ac¬
interest, $1,594; notes receivable (net), $22,064; accounts, receive
ab.e (less $5,847
months
share
per
yearly
period
same
nine
BALANCE
,
of
service
expenditures
other
company's
*•
Davis,
....
portion
a
crued
$329,801
income
<
.
■■
1946 and $75,000
preferred
1362.
p.
'A'--16,305.
-
and
the
Vice-President.:
assistant.
AkiT--$428,851',
period—
for
t
——l_—65,477
shares outstanding-..——
..
1945
,
State
in
for
company
providing, for
share
per
share
common
per
equivalent
was
cents
of the
L'i__
_
Earnings per common share.*
(& Subs.)—Earnings
W.
»a
Ross S.
•:
—JZ-L,; * $510,632
new
also
1946
earnings
shares,
common
quirements
net
:
dividends
receivable
consolidated
348,500
dividends
Common
1945).
The
,1
:
,
1947
and
-.62,036
income
in
.-•'••••'
Curtis
named
Gordon,
Net
Preferred
,.
1948
depletion
$572,668
v,
Income deductions
Common
2432.
p.
$280,613
depreciation,
.
—
—
>«'
'♦
.
The Northwestern
—
which/-includes, construction
S.
Wall, a member of
Bloch, has been elected
&
Counsel*
"
improved Launderall automatic
Sulphur Co., Inc.
Septv 30—
earnings
'After
——-1—
income
Total
to a questiop,, he said
from present indications,
year,
(also after charge-off of $206,355 in 1947, $215,463
in
income
Wall
answer
and
new
a
the company's Coca-Cola
market, he said.—V. 168,
Jefferson Lake
,
In
calendar
said
of
President,
20.
1949
also
for
Other
is running at a recordinformed stockholders
atr
company
greater than in the company's last fiscal year,
9 Mos. Ended
•Net
Dec.
the
machine
washing
ready
Jacobs,
on
volume in
Jacobs
Mr.
C.
meeting
auto
this
of
finance
to
additions to field
trucks*. 10 instrument
Libbey-Owens-Ford
$539,953
32,710
income
J
,
business
parts
les$, not :
have ^
$143,000 or.*,
would
Milwaukee, Wis. has loaned
large
.•
increase
Stuart
Operating
used
be
hoist
40
shop
.recoid
'
7—77—
___
Private Loan
—
for- 1949/
buildings;
mentJ,
Inc.—Earnings—
V."
MONTHS ENDED toEr
3^ 1948
will
.
program
■new
Oil Industries,
FOR
'
'•
or
.
sion;
cons^ruct-oxl-program...
1694.
'•
previous
market ), .been.'used,
$1,000,000 on a 12-^year 3xk% basis, payable/
$75,000 yearly starting Sept. .1, 1949, according to* Rodney ¬
s'/ Durkee, President..; *;:'■
"'7r'■ •'
to
fees,
service
connection
in
Kerr-McGee
!
...
•
p.
$3,768,927
etc.,
Telephone Co., Ltd.. (incl. approx. $900,■OOO
earnings, amounting. to $4,834,565.—V. 188r
year's
pr.or
2432.
p.
$1,621,265
required
the
use
available*
made
are
the company
..'
will
company
financing
2,301,11ft
-
dividends,
United
from
912,502
$1,315,925
charges
Net, income
,
$6,070,037
earnings
of
variations.'"''; '/V-/
level
company's'
of
Proceeds
interest
before
income
computation
Mutual Life Insurance Co. of
Harold E. .Wood & Co.,
Dallas, Texas;^United.'.Trust j.
Topeka,; KansV; Estes &
Co., Inc., Topeka, Kans.
PURPOSE—The
Net
the
Lane-Wells Co;
iepre-:;
' V •',:jV,/
Chicago, 111..;',
.>,•
Co.,
price
the
excess
.
Minn.;
Pierce & Co.,
Rauscher,
\
&
....
Cruttenden
Neb.;
for
agreement :«
dealer
a
Cruttenden .&
and
The\ dealers
Lincoln,
ox'
into
Monday,;.December 27, 1948'
<
inventory method (of oost
estimated net earnings
been $19,6,000 or .32 cents peii,( share,
as compared with
23 cents per share reported tas/t year*»t-V. 1l8, p. 2009.. '.
.
,
,
official
computing
•
Abilene, Kans.; Beecroft, Cole & Co.,
of
Co.
1949.
2,
of
Co.
Trust
Trust
Frank
St.
Balance
fund
: m
AGREEMENT—Company
sentatives of
Total
sinking
for
;.;
.
onjy
semi<-annualiy.
The monthly indices of, the Bureau, of Labor
Statistics of the Department' of Labor, have„. therefore been
usedL'in ■:
;
DIVIDEND—Directors have declared a stock dividend,: pay¬
31, 1949, of one share of common stuck lor eaijh 10 shares
V STOCK
318,859
180,274
received
used
were
$6,000,000
:
cepts as
1945, the company is
first mortgage, sinkipg
have beeii"'issued, of:
1,
$6*000,000
1965.
{Liquidating value $100 per share.
-
dollars
S.
due
series
April
of
as
aggregate of
an
,.
,
able
Current
to
fund: boards,- 3%%■
subs.,
presently
or
ONLY
COMPANY
PARENT
Sept. 30—
subsidiaries
from
FINANCIAL CHROMCLEv
&
COMMERCIAL
THE
(2686)
per
•$6,915,393
at
end
common
of
as
to
provisions of preferred stock.,
254,850
728,100
11,451,059
year
share
restricted
$9,844,053
803,100
——
8,861,103
$2.40
$3.01
cash
dividends
.
on
common
stock
under
^'Volume 168
"THE
Number 4763
-
COMMERCIAL
FINANCIAL
&
CHRONICLE
(2687)
11
'
-
/CONSOLIDATED BALANCE
»
t
ASSETS—
-
Cash
"
"Notes
ahd
Prepaid
ln«urance
.Invests,
Other
in
tLahd,
and
Total
Bank
■
premiums, general taxes, etc.
subs, not consol.—at cost—
'—..,
_
—
———r
payables
payrolls
Reserve
income
due
'Capital
surplus
Earned
of
no
surplus
Total
subs,
in
'
"After
a
it.
'•
■
manufacturing
of
redwood
this
$246,900
in
and.-fir
timber.
-
Gross
'
made and
was
expenses
profit
Interest
_!™_
Cost of sales
of
>
income
$1,285,113
48,262
on
241,989
420,743
6,379
1,095,440
com-
6,309
10,105
$386,475
.
$0.55
'
$0.59
1948—Month—1947
$1,405,819
oper.
expenses
1,037,322
809,794
10,876,065
income
taxes..
161,500
145,000
2,251,920
1,520,200
tax accruals..
97,382
101,245
869,446
106,00 7
1,293,456
17,110
184,937
109,149
168,
2121. '<■
p.
$226,663 *' $3,292,544
$246,440
-
Louisiana Power
&
Period End. Oct. 31—
;
$1,662,347
deducts..__j.
1,271,316
taxes.
oper.
$240,018
$213,154
Income Irom plant leased
to others
...a
Other
income
Gross
'
^
_
*
Dr2,140
23,844
614
32,471
$2,851,247
Dividends applic.
"After
*
v
74,690
stock
for
698,703
46,189
-
$189,172
to pid.
1948,
$2,389,931
—
$167,592
.
the
*
'
356,532
356,532
$1,487,734
period—
for
output of this company
.totaled 41,624,000 kwh.,,hpurs as
the corresponding -week. last year,
Electric output of this-company
.
Dec. "18,•-1948,
compared with 34,315,000 kwh. for
an. increase of 21.3%.
' f
.'".--T"
for- the week
the
week
Dec. 11,
ended
39,720,000 kwh.,., as compared with
corresponding- week last- year-, an-increase of
34;261,000
••
-
71,012
.
81,388
-
p.
the
2433:" 'v"
.Income
206-inch
The
to
world's -largest—at a cost of $l,715,000.v"V * •
the program will require from 12 to 15 months'
will not be closed down during 1940, however.
said
The
Since
•
engine
completion
and
project will ihcrease capacity
ingots into slats or plates an
in
the
1918,
boilers.—V.
168,
p.
mill
has
been
163,563
•
•
by
-
accounts
Working Co.—Sales and Earnings—
177,529
603,675
^ •
'
418,150
:
Quarters Ended Oct. 31—
1948
*
$95,540;
1947
Net
sales
—...1
$7,534,408
earnings after charges and income- taxes...
1,268,576
1,158,049
$0.90
$0.82
tion
$6,984,429
Net
__r
per
Earned
dividend
of
share
per
share presently outstanding
common
surplus
25
of Oct.
as
cents
paid
per
Nov.
on
31, 1948, after provision for the regular
share and an extra dividend of 37'/2 cents
15,
1948,
amounted
to, $7,134,894.—V.
1,000,000
10,982,129
5,754,794
3,340,415
|
Macon Dublin &
The
ICC
Dec.
9 approved a plan of modification fcr $1,733,000 firstbonds, due 1947, of the road. Of. the bondholders/ 75%
the plan.
However, the ICC excluded the Seaboard Air
mortgage -5%r
'must
approve
Line RR.,
Savannah RR.—Bond Plan—
holder of $5,000 of the bonds,
plan calls for extending the bonds for
1972.
rate
Interest
of
its
on
5%.
payments
The
on
also
road
a
from voting.
the bonds will be
has
agreed
The mcriificati:n
25-year period, ending Jan;. 1,
to
continued
suspend
the
at
dividend
and
doubtful
$133,550
in
tAfter
of
$226,550
reserves
/
Period End. Nov. 30—
Net
sales
Net
1948—3 Mos.—1947
profit after taxes..
"Earnings
$9,394,546
per
1,019,182
shares—
1948—9 Mos.—1947
.
$0.81
$2.55
$2.14
"Based
year,
on
decline
600,000 shares of capital stock outstanding.
in
reflected
sales
in
volume
the
nine
month
sales
and
earnings
the fiscal
$693,039
$1,185,788
$2,201,948
12,607
15,074
258,600
$2,821,374
■
25,670
827,000
*.'>
figures,
was
and
'
O'Connor,
boys'
said.
The
seasonal
slump
in
radio
sal.es
re-1,
Issue
in
all
con¬
of
Tide
Water.
conditioned
upon
the
the
at
meeting.
would be
issued
and
that
The effect of this
Mission Corp. would
outstanding
remaining
shares
stock
would
be
Mis¬
of
distributed
the
for
reason
the' pro¬
Water
business
owns,
to
Co.
forth
sets
do
be
in
47%
of
to' sell all
which it will
still
and
or
commo.l
part
receive
as
its
of
the
by
that
of
is
no
Stock
approximate
Corporation including the control
Develpment Co.—V. 168, p. 2434.
Co.
.stock
dividend
a
-
Oil
although there
any
retain
block
intact.'
Western
the
position,
so,
Co.
stock
Pacific
a
the
preserve
common
that
approximately
will
and
purposes
Associated Oil
further
of
the
ih
47%
eon-
corporation
&
revenues.^—
Light Co.—Earnings—
1948—Month—1947
.
$1,455,092
926,041
.
1948—12 Mos.—1947
907,689
82,475
133,311
11,545,240
1,647,671
$446,576
revenues...
$219,373
$2,825,415
income..—
16
other
47
$446,592
income.——i.—
$219,420
$2,489,735
1,425,103
5,344
1,043
$2,490,783
,
54,777
to
85,560
790,687
797,129
$391,815
income.™..:.!™
$133,860
$2,040,072
$1,693,634
pfd. stock for the period™
266,856
2327.
p.
'265,856
$1,773,216
;_™_a._
168,
10 148 877
$2,830,759
deduc-
(net
-
$1,260,273 $16,018,326 $14,063,715
$1,426,798
Mississippi River Fuel Corp.z-Registers With SEC—
/
Dec. 21
.
499,864
439,864
499,864
$1.45
$2.70
$2.65
$0.84
hand
C
SEPT.
30,
on
(at
common
(New
stock.
Jersey)
houses
headed
Of
remaining
area.
by
filed
was
These
in
with
shares
July,
1948
Union
1948
but
shales of
SEC
covering
purchased
a
group
of
from
invest¬
Securities
508,520
the
were
by
Co.,
Louis
the
3,320 shares
and
United
stock
common
outstanding,
owned
are
by United Gas Corp., Columbian Carbon
Co.—V. 165, p, 1457; V.
168, p. 2327.
^
Carbon
deposit,
$2,923,621; U. S. Treasury
redemption value), $89,337;
reserve
$23,000), $1,440,260; -ac¬
current
(less
products
from
additional
of
Co.
.
and
and D
customers
to
Oil
Corp., who will head the
underwriting group.
Firms in the group of
selling stockholders
In
addition to Union Securities
Corp., ar,e Kuhn, Loeb & Co.; Stone &
Webster Securities
Corp.; White, Weld & Co.; A. C.
Allyn and Co
Ind.; .Equitable Securities Corp.; John W.
Clarke, inc.; Dewar, Robertsoil &
Pailcoast, and Walker, Austin & Waggener.
Corporation, which
was
organized ill
1928, owns and operates a natural gas
pipeline
system extending from northern Louisiana
to the
Greater St.
$1,423,545
499.864
'
ment
a registration statement
shares
Standard
300,000
$1,349,278
(last'payments
U.
S.
The
for
company
has
issued
$1,800,000 ill equipment
finance- for the road
1954),
h.
n.
net
renegotia¬
V.
cash
due
Government
amortization.
Missouri-Kansas Texas RR.—-Invites Bids—
,
to
surrender
January,
for
$28,692;
\
payable
accrued
(trade),
salaries,
$121,716:
wages
and
accounts
other
payable
invitations
trust
part
diespt
168,
freight
for
bids
certificates.
of
the
locomotives
to
The
purchase
costing
be
received. Jan.
of
3,000
seven
estimated
an
4
offering is designed
price
$2,426,694
2544.
p.
v
current), $2,000,000;
$550,000;
common
earned
stock
surplus,
($1
Missouri
—>
par
value),
$4,862,974;- total!-
The
-
"
Vice-President in charge of operations and
General
McAn men's and boys' chain, has been
darned
years.
42
in
as
and
states,
New
operates
John
11
England,
shoe
a
The
post has been vacant
>
owns
and
reservoir
Vice-President,
also
Co.,
coordinate
the
Thom
McAn
stores
538
Ward
a
located
warehouse
between
to-scve
chain.—V.
their
es
168,
General
p.
2433.
be
in
factories
stores
in
in
the
chemicals
and
all
the
coordinate
over
industry
'
retailing
division
Manager
of
operation*
of
the
Melville
Thom
with
the
Shoe;
McAn
22
renewed
holders
its
its
of
plea
to
the
ICC
stock
common
in
expansion
of
that
recog-the
view
the
of
citrus
and
The
road
expressed itself as willing to acquiesce in the
preferred stockholders receive three
shares of new B
stock for each 7 shares of the
old preferred, provided
the
stock
of
•
was
B
new
This
given
"very
be
stock
the
tion
.more
for
moderate
each
recognition"
three
of
by
even
stock
sma'l
one
increased
could
"an
common
ways,
the
seven
for
road
of
the
without
present
common
contended:
common
common
share
one
common.
could
be
accom¬
capitalization
could
$11,000,000; the stated value of the common
permitting inclusion of an allotment for the common
increasing the $609,000,000 capitalization suggested fcr
company by ICC Examiner
capitalization by retirement of the
the use of cash on hand.
of
the
of
about
reorganized
bonds
participation"
proposal
reduced
R.
H.
Jewell;
serial
4'/4%
or
by
secured
reduc¬
serial
through
road's
suggestions
were
iner's proposed reorganization
Several groups of
East,
Mass.,.
changes
organization.—V.
the
the
anticipated from the
in the Southwest.
that
stores.
Worcester,
Dec.
on
accorded
revenues
The
Mr.
Fallon
will
all three Melville
manufacturing
company
nition
plished'in
Exec. Vice-President—
Pacific RR.—Company Urges
Equity Recog¬
nition—
increased
compensation,
the
in
exceptions
holders
in
the
examiner's
168,
p-
to
the
exam¬
formula.
securities
in
contained
recommendations
2434,
system
for
have
asked
for
company's
the
re¬
mer¬
and operations of
chains—Thom McAn
boys' stores, Thom McAn women's stores and the John Ward
stores—and
continue
of
for
cash
Development
and
<-V.
■
$725,914
Thom
and
serves
McElwain
President,
the
Executive
caused by a delay in getting into television receiver production coupled
with
a
seasonal
decline
in
radio-phonograph
sales,
Richard -A.
directors
80%
outstanding
Balahce
41,530
1,036,300
-
444,800
•1"'
$421,831
surplus,. $349,272;
163, p. 1483'
two
cities
men's
its
present
oper.
tiohs
79,313
*
(others), $19,090; inventories (estimated), $2,482,800;
receivable,
arising from sales of manufacturing
corporation
chandising
,
during the first six months of
will
stock,
Corp.
stockholders.
Dividends applic.
33,691
_
taxies
Fallon.
of
factories
which
As
'
A
Int.
1948—9 Mos.—1947
.9,265
a.
paid-in
nearly
200
Co.
capital
Mission
1,170,876
contingencies,
Lester R.
13
value
to
stock by Mission
Corp., of
Development Co. for every 3 or 4 shares
outstanding, the precise rate to be deter¬
now
of-
of
Tide
Corp.
Gross
-
be
The
share
one
consummated,
rev,'deductions..
Net
$4,557,967 $10,555,397 $12,229,783
2,995,379
.6,913,938
8,316,847
MelviHe/Shoe Corp.—Names
.
$6,700,792 $17,365,036 $19,514,962
485,257
1,281,198
1,527.497
$1.70
tor
$8,933,685.—V.
'
the
at
Other
$2,742,061
__
$24,915;
$499,864:
for
Development
par
Mission
stock
application
Net
Executive Vice-President of this
corporation.
Magnavox Co.—Quarterly Sales at New High—
retain
of
Oper.
in
$330,435; accrued taxes (State and county),
$21,072; social security'
taxes, $31,188; contribution to profit-sharing trust
(employees' retire*
ment ..plan),
$142,250; Federal income taxes (less. $1,275,709 U. S.
Treasury Savings Notes,.series C and D, at current
redemption value)/
jail; long-term-bank'loan 2%% (including $200,000
Manager
of
Period End. Oct. 31—
de-»
for
present
stock; until the outstanding amount of the extended
bonds has been reduced by one-half or more.—V.
168, p.; 1364.
' * ' ;
$5
owned
so
the
to
$16,562,273 $12,598,992
accounts
1946.
1,473,201
LIABILITIES—Accounts
payments
its
outstanding,
Asso¬
consummat'ob
amount
life
.(others),
-capital
of
of
provisions
transaction
Water
approximately 1,417,000 shares of
Development Co. in the ratio of 2 shares
Federal
.
reserve
The
at
the
Tide
Mission Development Co.
the
stock
excess
Operating.^
8,007,595
■'.
$2,168,258
on
due
time
be
Mission
Mississippi Power
*•
9,000,000
394,855
claims '^receivable
of
168,
stated
Corp.
Mission
•
9,000,000
.....
iftsurance, $11,000; landt buildings," machinery, equip¬
ment, : etc,/-(after
reserve
for
depreciation
and
amortization
of
$1,919,736), $1,751,528; patents and patent
applications, $1; deferred
charges, $.91,808; total, $8,933,686.
168,
2543.
,p.
of
179,889
$1,167,732
18,056
discontinued
rebate
value
the
of
proposed stock distribution
trol of Mission
.*•*.*'■
"
accounts:
of
stated.
Corp. to continue its dividend
Mission
'--162,^93
527,420
%
*■•
..
464,226
series
receivable
of
shares
to
from
proposed
a
Development Co.
Mission
transfer
present ^intention
107.668
$583,774
receivable,
•facilities
(1)
stock
Development Co. whi'e the
Mission
r
.
.
all
2433.
be
control
announcement
exempting
1940
by Mission Corp.
then
to
Mission Corp.
Which
251,453
.162,461
■
2,218,338
•,
ASSETS—Cash
of
common
The application further sets
forth
that
posed transaction is the desire of Mission
value
I
BALANCE SHEET
counts
Earns,
to
-108,091:
"
for possible decline
Savings Notes,
stock
of
in
The
248,598
deductions.
•contract
M and M Wood
\
sion
$274.1'9l
'
-
.
1948—3 Mos.-—1947
-Common^shares outstdg.'
Earns.-per. com.; share.
stem
to
16.
immediately.—V.
dividend,
share
Value
197,462
-
$3,366,338
..Net '-Income -a/■
for
converting
estimated 10%..
operated
the
receipt of
retain
mill
Completion of the
"carbon and low alloy
Dec.
turbo-supercharger
started
'
contract
controller
on
,
A_
electrify the company's
of
Development Co.
Mission
policy,
$405,014
Mill—'
approved a-plan to
mill—the
plate
company,
complete.
Dec. .21
on
Force
$1,000,000
a
company
be
order
an
Act
all
to
application
-■!'/•;•'
•
Lukens Steel Co.—To Electrify
for
Water
$12,598,992
$28,082,372 $16,562,273
''
The directors
issued
the
by the board
dividend in stock, if
93.856
-
exps.
.Provfcr-Fedr inc.•
i> Piwi
16
mined
■'
—
opers.
_
Air
—
electronic
the
the
will
Company
owned
capital
146,700
1948,
kwh.: for
168,V
adm.
to
1949.
,
.
allowances
.meome:.
•-
*
totaled
&
gen.
Other Income
ended
.
for
4,984,786
169,545
1947:and
'.' Net; pn)fit- from
(Ky.)—Wefekly Output
•
Electric
7,162,583
Federal
par
Period End. Sept. 30—
sales
Sell.,
Louisville Gas •& Electric Co.
:
9,624,302
...
reserves
its-
and
year
5,000,000
Cost of 6a]eSA-^AU___.
2121.
p.
139,676
i,592,224
Master Electric
Co.—Earnings-
/
$1,844,266
$1,796,012
168,
502.067
•
etc.™
without
$210,492 In
Co.
Mission
of
178,962
taxes
Net
-V.
the
one
preciation^and depletion of $4,615,660 in 1948, $4,100,516 in 1947 and
$3,833,878 In.1946.-- tAfter
deducting D. S. Treasury tax notes of $4,254,350 in 1948, $2,629,580 in 1947 and $2,241,040 in 1946,glnciudes
-$5,000,000-funds for-expansion program.—V.
168, p. 2227.
545,665
$2,152,544
Balance
..
" 226,561
''$28,082,372
19,361
$213,781
'•
income...—™™
1,959,724
597,138
579,885
',
note..
stock,
Co.
announced
was
presently approximately 1,417,000 shares.
application sets forth that Mission
the
•«
accrued.A»
(outstanding 600,000 shares
Earned su"rplUs'
iiL__._A2_:l.T.
$2,372,710
Dr60
deduct.
%net+.
income
retire
1949
the
a
237,874
''
than
to
3,
notes
ending
that Mission Corp.'s board of
directors
at
meeting held Dec* 4, 1948, prior to the considerat'on of this
applica¬
tion by the Commission, would
declare a
1946
2,617,381
$1,000,999 4
other
Jan.
through
signed
type
modernize
bombers,
units
of
sale
transaction
sideration
$2,754 233
and
-notes
Common
""
'
$263,862
other
taxes,
the
Oil
The
2,700,360
amortiz,
•"■-•■
have
new
a
The
of
1,050,000
—
commissions
promissory
.
Dec.
on
Investment
this
Tide
1
payable-
State
V-
l,97o,ba.j
$2,818,836
SEC
the
involving
'
1947
•■■■
equipment purchases,
a
(net)___T
of
•
13
income
Int.-and
Net.
i,
.1
liabilities—.' 7'
3%
1,989,334
'»
•
3,396,671
...
applications
1950
proceeds
••
.
accruals
$Prov>for Fed;' and State inci taxes
Advance
from, forign
affiliate
for
$1,455,888 $18,187,149 $15,012,394
1,088,183
13,378,979. 10,662,791
154.ool
J
and
/
1948—12 Mos.—1947
151,013
revenues
The
_
of
4,942.385
Miscellaneous
$2',203,494 s
Light Co.—Earnings—
1948—Month—1947
revenues.-..
rev.
amortization
§7,050,000
less,
equipment™™..
patent
Accrued
,
Operating
and
1948
..J...
JPayrollrand
!
-
depletion
'
Total;'__lA-i:iLi:...^^.._—.—
.:
984,696
16,817
income
oper.
and
...
'
ry.
and
87.30
,
$2,517,290" $2,183,279
.-.Accounts
914,168
147,176
Dr 1
-1,200,000
$11.71
BALANCE SHEET, AUG. 31
or
and
Bank
ser.al
31,
Regulator
aircraft, it
big
2,834,000
cost
National
unsecured
maturing
program
Force
of
new
stock
Hrade-marfcs? at cost-less
'
(net
2121.
the
of
at
Air
Wi'l
the
on
of
approximately
priced
Wisconsin
Mission Corp.—Sale of Tidewater Oil Stock—
:
$18,768,368 $14,725,842
used
157,500
—
1,800,000
•■--•'
Prepaid insurance, receivables from
employees;-etc.
___P:
-'Invests, in foreign
affil. cos., etc.
8,989,135
Federal
controllers
Production
$4,620,939
the
manufacture
re-activated B-29
systems
204,661
$7,413,142
for
on
/The
1,830,406
207,081
V,.which is not in excess of market.
.
$1,756,637
rents
1,808,507
and
company
calling
used
900,000
$3.67
Inventories,
■
revenues
facil.
'
Is
v '' * >
borrow
$4,416,278
Obligations 6f the U. S. Govt., at cost
v.-u
1948—11 Mos.- -1947
oper.
Net
Mimteapolis-Hotieywell
This
of
1.
First
loans
,
to
Order—
$2,360,939
Patents,
Railway
.Railway
£>r)„
31
$11,740,335
deprec ation
proposal
City Bank of New York,
York, Mellon National
New
258.
p.
$4,381,142
for
of
and
construction
240,000
■fPlant
(net
156,
bank
company's
2,020,000
'-Receivables.
Louisiana & Arkansas Ry.—Earnings—
Oper.
—V.
1946
$7,206,061
Cash
*
1952.
short-term
the
237,000
provision
National
Co.
Pittsburgh
2,735.000
ASSETS—
of business during the company's
last'quarter runs below the
period for 1948, the iiscal year ending March 31, 1949 should
the largest in the company's history."—V. 168, p. 2326.
of
company's
the
Trust
loans will be evidenced by
maturities,
beginning
May
Company proposes to use the
460,000
■:l
volume
rents
30,
finance
■
•
Co.
outstanding
patents of $583,158 in 1948, $460,196 in 1947 and $477,141 in 1946,
$0.63
approved
from
The
4.253,000
.
similar
ry.
ENDED AUG.
221,650
a
6,734,828
64,409,465
'
$11,518,685
Earnings per~com.mon share.__:
410,533
$6,431,010
6,173,468
semi-annual
Nov,
Proceeds from
p.
;
$7,804;683
&
a™.
-"After
'
—a
"Period End. Nov. 30—
& Trust
Milwaukee.
of
9.
Bank
profits taxes
excess
8,517,562
$517,526
953,063
$4,500,000
Bank
the
ciated
Cartoun, Chairman of the Board, on Dec. 17 stated that,.
"Der.pite the apparent return to normalcy in business, sales volume of
company for the first three quarters cf its liscal year is already
.running somewhat ahead of the same period of 1947; and unless the
Federal
with
1947
2,600,875
Divs. paid on cum. pfd. stk. 4V2% ser.
Dividends on common -stock™.!™.:
the
—V.#
in ten
Dec.
on
of
Hanover
profitv-™_$7,027,335
Net
.
$645,386
•
$606,722
168, p. 945.
Net
Central
235,559
430,258
SEC
tiggrefeate
$36,472,950 $25,338,958 $16,448,340
22,353,390
16.324,390
10,201,656
™_a_
income taxes:.:
Frov, for. Fed.
$1,352,883
a.
™„a._
share
$1,323,942
368,455
!
tax
YEARS
1948
com-
Net profit before income taxes.__
,
Longines-Wittnauer Watch Co., Inc.—Sales at Record—
Jt.
The
the unpaid
on
made
was
8,501,549
Milwaukee Gas Light Co.—Notes Authorized—
.
$1,304,620
38,830
$1,260,512
—*
deductions
shares
Equip,
loan
United States.
the
"Net profit from operations.
Other income (net).
14,466,049
278,955
for
per
Other
paid
73,993,465
665,745
$1,118,847
Income..—
charges..^—
oper.
after
with
term
15-year
Selling, admin, and gem-expenses..
M. -Fred
,
to
is
7,394,286
—V. 168, p. 2121,
an
net of freight, agents'
mission,- allowances, etc.....
52,879
income
prove
balance
the
COMPARATIVE INCOME ACCOUNT FOR
,•
,
.
By having
County, Calif,
The interest rate
year.
$5,000,000
year, a
Sales,
$1,207,633
.
Miscellaneous
.
Net
Net
,
•
1946
17,934,213
17,685,139
-
—
'Provision
-
in Mendocino
$8,577,557 $92,209,697 $79,358,037
969,116
'
primarily to finance the California project.
The
interest rate of -3%, and requires a minimum payment
of $300,000 a
year, beginning in the year 1950. (An additional $300,000
may be paid anhually without penalty.
Further prepayments may be
made by paying penalties which are considered standard in this class
of loan). •;
• '
carries
State
—V.
countries.
1948 -10 Mos.—1947
.
$3,611,926 $92,721,921 $79,629,030
34,369
422,224
'
270,99.9
40,008
—.
$19,219,326 $15,770,669
$18,892,771
—
income
mon
$9,791,769
7,703,806
more
this loan will be used
1947.
1947
1948
income
Total
:
become
approximately one billion
purchase price was $1,400,000-. - A
...
Earns,
has
contains
The
Equitable Life Assurance Society
-loan
and
1948
Sept. 30—
income
•'Operating
■:
$9,831,777
Operating revenues
Operating expenses
Operating ta>es
J
•
-
>
Co.—Earnings-
1948—Month—1947
Operating revenues
,Uncollectible Oper.. rev..:
.
Operating
Net
eastern
of timber land
acreage
.
payment'of $400,OC0
During the
8,861,103
Los Angeles Transit Lines—Earnings—
-
•
period End. Oct. 31—
>
Eugene Holland,
—
facilities
shipments to far
equal installments of $100,000 a
balance is 2 V2 % per annum.
•t
•'
$226,900 in 1947.
tAfter
depreciation of $17,135,894 in 1948 and $15,126,970 in 1947.
9 Months Ended
Other
Michigan Bell Telephone
he
-
•
acres
estimated; that
cash
2,366,149
'-^Represented by 828,100 shares in 1948 and 728,100 shares in
-
after having been
pointed out?.—
war,
prewar,
Annual Report
—
additional
for
the
.
in part:
Bays
heed
since
industry
'
y
approximately '56,000
$49,280,791 $41,124,598
-
time
,,
manufacturing facilities
lit .is
347,712
7,281,000
10,921.500
11,451,059
-
•
.
3,166,149
—
-
of
reserves
fcr
reserve
—
.
.P_
398,772
7,281,000
12,421,500
consol...
($100 par val.)
Value..
par
first
"in- tne
,
on the west coast, better service can be pro¬
vided in that area and important savings realized through lover
freight
1 costs.To- provide
a
reserve supply of
raw material,
we purchased
3,000,C00
900,000
5,000,000
L—
_<
,
■
*
cumulative preferred stock
stock
co.'s
at
•
.
States and ouf export
ern
•
1,158,457
2,178,101
1,203,373
1,575,478
——i—.■„■■■
fundable
or
contingencies
stockholders' equity
ICoiVimon
t
L_<
for
Minority
1,275,519
1,105,537
iactoi:
apparent as new uses of our products have been developed.'
After con.Sidering several locations, decision was made to build a complete man¬
ufacturing unit at Ukiah, Calif.
This new plant Will serve eight west-
$300,000
2,607,203
1,705,777
credit balances—.1.—
taxes.
payable to bank
option Dec. 1, 1949
Reserve
$3,900,000
expenses-A-i...—.....—
Notes
3Vi'ir
18,504,6(2
—_-i-—
and
deposits and
for
The
$49,280,791 $41,124,598
-
— -r«
1
.
^President,
■
;
fortlie
1948
yeany
p.'.2433.
Masonite Corp.
396,444
21,796,180
—-
...
'
t
.
400,399
"
682,749
*"
168,
t
*
Accrued
Customers'
/
997,597
in
regular
tV.
306,742'
324,189
/
receivables-.—___™__
and
loans' (current).
Account
*
11,227,116
11,822,262
mkt., whichever lover
valves,' etc.
LIABILITIES
*
$2,316,557
8,701,674
10,498,110
buildings, machinery & equipment, cyl-
inders
!
foreign
investments
appeared
a
1947
$2,430,698
-
receivable.!—.—-
cost of
ax
1
30
1948
i-i™—
accounts
.inventories val.
SEPT.
SHEET,
•
™„.a„_
J.
F.
He
Will
men's
and
Mojud Hosiery Co., Inc.
(& Subs.)—Earnings—
Nine Months Ended Sept. 30—
income after chaiges and taxes
Net
"Earnings
"After
per
common
provision
for
1948
preferred
1947
$1,664,858
$713,607
$3.04
$1.25
share
dividends.—V.
1G8, p.
2122.
12
">
■>
"
'
'
Monsanto Chemical Co.—Earnings—
(Incl.
American
'
•
fc
'
'
•
1948
Cost
of
admin,
86,251,434
1
1946
1947
Gross
,1945
72,887,648
expenses
13,721,229
11,846,904
8,824,489
Net profit from opers.
19,409,534
1,405,868
21,094,511
,499,803
Other income
*
'
'
Gross
1
*
,•
.
costs
Exc.
income
104,895
474,279
553,252
8,160,779
961,074
minority interest
Prov.
employee
relief
,
Bal.
55,931
89,702
159,258
179,135
—V.
;
divs.
for com.
303,763
;
■, ■
•'
,
-•of
'
Cost
allocated
§After deducting. $803,000
3,677,175
277,103
"•$157,255
Other
NOTE;—The provision for depreciation, amortization and obsolescence
to $5,044,520 in 1948, $3,937,203 in 1947,
for the nine months amounted
from
$175,504
—L-IL
operation's—;
DT 1,433
income
Y
"
CONSOLIDATED
/
Balance
Other
"•'
(Excluding
'
,
Subsidiary Companies) Y
.. Sept. 30,'48
Dec. 31,'47
and;Australian
British
,
•."■ASSETS—
••
\
.
i
less
/than
(at approximate cost,
t
market,,
less
reserves)________
2,339,203
-which
in
Miscel.
unconsolidated
investments,
739,622
•
v
715,000
company—-at -cost
receivables and. deposits
715,000
and
f
1,723,874
1,635,541
3,598,231
Buildings
Machinery and equipment
Phosphat deposits*-less depletion
Patents and processes_L__
24,682,087
109,368,235
877,911
,
Deferred
)
93,755,938
792,056
1
dividend
16,859,876
2.65%'
-on
government
1.
5,797,305
481,166
1948_
$62,500
•
Sales
due. ann.
Reserves
Nov.
1,
for
500,000
series
8,089,400
each)——
Oct.
.7,
the
1948,
claims
U.
Net
there
of
sale
sales
the
scrip, through Dec. 18,
1950.—V.
to
Y
-
Other ry. tax accruals—
Y ♦Includes
as
customers
and
Sept.
at
balance
$5,015,572 of this amount
of
1948,
30.
advances
as
88,963,531
received
was
Oct.
on
1948.
25,
amortiz.—long-term
11,044,015
debt—
—^
Prem,
retir.
on
Prov.
retirement
—
for
of
instalmment
1,566
loans
taxes
on
"Net
5
reconstruction
claim
for
amount
the
over
damage to plant
to
be
property.
the
from
received
insurance
...»
.
-
Y
;
preparing
4,700,000
$7,094,458
in
coverable
$6,560,935
the
NOTE—Depreciation
this
site
for
caption
1948
reconstruction,
was
insurance company.
tAfter deducting U. S.
from
of
and
-i
,
.
amount
an
expenses
■■
Treasury
$3,755,397 in 1947.—-V.
■
/'•
ravings notes
168,
1905,
p.
'
\
.'
.
nine
of $6,133,148
"
,
;
in
1947,
amounted
(other than
months
of
taxes
1948
income)
and
the
ASSETS—Cash,
period
same
notes
1948
and
capital
accounts
stock
$906,769), $18,525,468;
of
of The
Oil Well
Engineering
1948
Montana Power
Operating
revenues—
Oper. rev. deductions,—
Federal
Net
Other
$1,763,833
$1,657,994
982,642
800,565
taxes—________
opsr.
$21,692,641 $20,328,610
10,365,003
9,130,862
181,345
263,293
3,741,527
3,582,429
$599,846
$594,136
$7,586,Hi
$7,'615,319
14.360
revenues-
income
1948—12 Mos.—1947
1948—Month—-1947
5,501
59,622
68,275
(net)*—
Int.
income—
other
and
tions
Net
)L__
$614,206
$599,637-
89,814
_
)
income,—
$524,392*
$497,845
applic. to pfd. stock for the period—
Dividends
$7,645,733
New
1,432,577
$6,537,746
957,534
$6,251,017
,
.
; 957,534
fund),
Balance
"
—V.
168,
_
__
,
L
$5,580,212
'A-
$5,293,483
2122.
p.
$8,432,540;
earned
surplus
(of. which
i
Moore
lative preferred stqck),
Enameling
«fc
Mfg.
Co.,
t).—
Lafayette,
West
Files With SEC—
The
comp-nv
on
Dec.
16
filed
letter of
a
TJie/directors
notification/with the SEC
*
-lor 10,000 share*
Proceeds
to
go
(no par) common to-be offered at 35 cents per shared'
William B. Rodgers. Underwriter, Cohu & Co.
.
Motor Wheel Corp.—Earnings—Y
:
Period End. Sept. 30—
Net
shares
Earnings
per
$923,238
;
outstdg.—_
com.
•.•■
provisions of
lent1 to
$1,696,913
845,752
845^752
$0.63
$2.60
$2.00
$1,869,048
Net sales for nine months of
$32,383,173 Tor. the
William
Federals taxes
for
are
after*
and: $200,000-for
";mDn
this year amounted to $42,986,518,
same
period 'of-1947.—V.
168, p.
Earnings
per
—V. 168, p.
shares—..
shares
1484.
-
*$325,047"
$622,912"
T>1-10,©09
reserve
Net-profit
Number capital
1948—3 Mos.—1947-
$732,912
531*033
$1.38
<
Cr28,000
\
$353,047
•
•r
dividend,
on
cents
per
the increased number-of
cents per share
on
dividend.—V.
168, p. 2122.
Y
40,000
$1,723,675
•
531,033
531,033
$0:66
$3.19
*
3531,033
$3.25
-
•
tion^of
is-equiva^.
-
before the pay¬
*
"
f
'>*'•/
y
..."
Y"
;
use
of plant
replacement iunds. Y
The issuance:, of
'
ratio-of
•'
common
consolidated
Trust
will
someiComnMra.
•
'association, and :the balance^ by the
*
•
•
sinee,..unless .the
equity- is maintalned 'at not less/than
capitalization; certain-
operate
,
shares -is-.a necessity,
.
to
restrict
improved
be
requirements
~
promptly
is
also
Y
the
director
;
of
the
•
/
.
Lackawanna & Western
director to fill, a vacancy on
\ I
/ :•'••:
t
Delaware
elected
'/■■'•••
a
during
the
a
'•
*
National
Manufacturers '<fc
'
Traders. Trust
Railway Express Agency, -AssocfaNew- Jersey State Chamber of Commerce,
Biscuit
Co.,
Co. and a trustee of
the East River
Niagara Hudson Power Corp.—Files Amended Corpo-
Simplification Plan With SEC—• -/--.-.Ti-Y:
rate
of
amended plan
25%
:
of1 the
Corp.'jwas
the
new
Hudson
and
for the corporate simplification
filed
The
/
of
the
for
Niagara
solidation
>
Dec.
The
consolidated
Corporation.
"
-practically $16,000,000 had .been spent by-Oct. 31,'1948. This was ac-3
complished by. increasing debt only $6,000,OOO. For -the $25;000*000 yet
to*be spent .about $15,000,000 is planned to be secured by debt issues:
of subsidiary; companies; about $3,500,800
to £4,008,000 ; by /the /sale v
common shares of-the
construction
of
has been
/President,/-announced;
company's plant improvement program "from 1946 to 1952 inclu-r
contemplates, not additions of. approximately $41,000,000* of which'
pf additional
President
1941,
Americanv Railroads,
Power
Gas & Electric Association—^New Com-
•
avail¬
*
/
'
'
income
net
decreased.
earnings must
These
the Lehigh & Hudson River RR.
Savings Bank.—V. 168, p. 2435.
The
sive
$2,413,675
"
690,000
$1,693,826
(
1949.
•*<*••<•'"'.
Mr. -White
Prior to that,
shares,
the stock outstanding
in
White,
since
board.
Co;.- Buffalo:
.31,-Ud49 to - holders of:'
stock dividend,
share were paid.
contrary,
actually
'
Stock Financing Planned in Each' of Next Three
D. Campbell, President, on Dec. 14 said in
part:---
com¬
2010.
1948—9 M9S.—1947 >
$1,733,826
A
25 cents
Years—F.
v
Inventory
30 paid a 50%
Co.
the
.
Nov.
New England
Mueller Brass Co.—Earnings—
-
Jan.
of
capital
finance the company's
few years."
) -,-Y', -
An
as
Period End. Aug. 31—
-Profit after Fed. taxes-
quarterly -dividend
capital r stock, s payable
1949.
on
stock
Quarterly Dividend—
a
was
New Director Elected—
Y
-
845,752
$1.09
37%
ment-of-the
compared with £1,174,016 for Federal taxes
and $100,000 for inventory contingencies-inr the < like period of 1947. > --•■
pared with
14,
company
The current
$535,897 s $2,197,722"
845,752
share
inventory contingencies,
-the
on
Jan;
declared
21
quarterly distributions of 25
v./
Y. Current earnings shown for the first nine months >of-1948
"deducting
The
1948—9 Mos.—1947
1948—3 Mos.—1947
profit after taxes-_
Com.
>
per.'share
record
,
Dec.
on
the
On
return.
present rates,* earnings on New York intrastate busi¬
continue
to fall and are expected to yield
only 3.2%
on
to
next
1365.
p.
net
dividends
and
about
increase of 25% .
Despite the
business, the company has
an
investment and in
the
on
will
sary
and cumu¬
$21,322,823; total, $94,997,081—V. 168,
National Tank Co.^-25r-Cent
interest
During this period
service.
added,
were
in.order to attract the not less.than $200,000,000 of new capital neces¬
RR.
Y
telephone
for
additional
no
increase of
an
telephones
new
invested,
Telephone & Tele-
YY
'
"
investment has risen from $540,about $245,000,000 necessary to
.
capital
average
demand
ness
American
the
by
added:
our
meet- public
for
pending before
Commission.-
Service
,/
1946
"Based
only $6;20 per
■
'■
■
dividend action was taken in the
would be permitted to charge more
the
100%- owned
is
large increase in capital
able
"That sum must come
share, which has
share.
per
to
soon
Co.,
realized
usual quarterly dividend of $2
application for higher rates is now
An
Public
850,000
^
.
.,
company
000,000 to $785,000,000,
$13,425,000
approximately
York
company
"Since
tax
is available for dividends under the terms of the debentures
"
*
•'''.
•.. •
than 50 years of telephone operation,"
more
Whitmore,
Mr.
Whitmore
Mr.
credit, $411,078; reserve for Federal, State and
foreign taxes on income, $6,458,819; 2%% debentures due June 1, 1967,
$15,000,000;
insurance
reseves,
$723,192;
reserve
for contingencies,
$1,200,000;
4Vz'/o
cumulative
preferred stock
(par value,. $100 per
share), $16,320,000; common stock (par value $10 per.share), $14-,344,610; capital surplus (increase of $25,347 since Dec. 1, 1947, resulted
from acquisition, at a discount; of preferred shares .for the sinking
$7,683,594
1,107,987
101,792
through
'Y-'.YY
to
its service.
'graph
payable, $6,773,523; accrued1 taxes, wages,
interest, etc., $4,0HX,496; reserve for replacement of "last-in, first-out"
deduc-
(net)
the
cents
39
amounting
currently
said.
According
The
:;'
r
'
Co.—Declares Usual pividendr-^
declared
22
approximately
the
LIABILITIES—Accounts
less
by
surplus,
for
at "
$19,123,116), $25,877,098: deferred charges, $250,177; total, $94,997,081.
inventories,
Gross
Dec.
expectation that the
$447,754; common stock of Fretz-^Moon Tube Co., Inc. (50%
interest)'at cost,, $447,000; advances to employees, $46,953;
deferred
botes,
deposits, etc.
(at not more than cost),
$430,705;
U.. S. of
American
lJ/8% certificates- of indebtedness appropriated for, use, in
plant
improvement program, $4,000,000; land, buildings, machinery,
equipment, etc. (after reserves for depreciation and amortization of
Co.—Earnings—
Period End. Oct. 31—
p) 48.
Dec. 31 to stockholders of record the same date.
President, stated that the company failed to earn this
accumulated
/-
interest)
(50%
)'
on
been
cost,
.
168,
payable
Whitmore,
from
reserve
Ltd.
Co.,
share,
amount
the first
in 1947.
for doubtful
inventories $33,245,532;
(after
directors
The
Carl
he
SHEET, SEPT. 30,
receivables
$11,726,395;
taxes,—V,
income
Federal
including
ti
per
30,
respectiviely.
$1,136,522,
and
during
$1.10
.
charges,
•
Sept.
ended
aggregated $1,319,062 in
$1,057,623
BALANCE
months
nine
$1,229,325
to
on
1,075,844
the
for
CONSOLIDATED
>
,;Y Y'1'V. Y.'
!
838,536
"
Y'
Y
<"
,
and
Taxes
of
certain
charges
$142,616
$0.77
$204,506
all
New York Telephone
'562,950
-552,791
'
ten-year preference stock—.*—.
Common -stock k'ilXY--—
Co.—Earnings
1948—9 Mos.—1947
$489,864
$352,0.95
$2.64
$1.90
1948—3 Mos.—1947,
New York Life Insurance Co.—Buys Plant—
See Sunshine Biscuits, Incl, below.—V." 168; p. 2327.
■/il.V--
$2
and inventories destroyed together with the expense
continuing
X'
of
4,100,000
i'tZ
Y*
aggregating $8,082,282. Also
$1,281,243 representing re¬
expenses to reduce loss at
both the Texts City and Springfield. Massachusetts plants,
incident
to the destruction at Texas City. The total is less $6,000,000 payments
included
income-*.
.V
directors to study and
recapitalization of the company. Appointed
committee
a
Honduras Rosario Mining
&
profit
"After
-;Cash »dividqnds declared on;>,
Jhe "portion of insurance claims arising front destruction tjlYTexas
City plant" at Dec. 31, 1947 included the estimated net book value of
the plant property
Consolidated, net
appointed
Earnings per share/—
134,250
,
•
inc.
f
Y
'
.
262,393
,
Texas
City plant is carried in the accounts at
1948 at the cost of the original plant, plus the excess of>.cost
also
Period End. Sept. 30—
235,535
286,831
—
bank
Fed., State and foreign
1948.
R. T. Zickl, of New York, Chairman; H. 3. Baker, of New York;
R. Baxter, of Philadelphia; W. R. Daley, of Cleveland; J. W. Davin,
Cleveland, and F. H. McHale, of Indianapolis.—V. 168, p. 2327.
of
reconstructed
Sept. 30,
board
10,
797,848
319,275
annuities.*
Dec.
were:
H.
*
for
Provision
per
holders of record
to
15
$7.50
of
Appointed to Study Recapitalization—
explore the possibilities of a
75,981,283
13,928,129
$11,992,856 $10,495,270
Interest—other
on
March
*
>
.
.
dividend
extra
an
payable
stock,
preferred
New York
$5,312,000 due from
,
,
declared
21
4,966,577
15,280,742 Y 9,126,349
14,126,597 - 7,249*866
Unemployment Insurance Tax.
Railroad
of
Dec.
on
record
of
The
$12,402,140 $11,293,118
the insur¬
companies, which is included in the above statement as a receiv¬
a
1947'
409,284
the
oh
Committee
goods_j._
___:
.
3,975,063
25, 1949.
Accrued and unpaid dividend arrearages on this stoek
presently amount to $81 per share.
The quarterly dividend of $1.50
per share recently declared on- the preferred stock is payable 'Jan. 3 to
expenses—
general
)
$
83,931,047
8,414,000
"4,412,929
491,500
' 455,222
1,064,478
907,164
Feb.
$114,884,516 $97,520,563
purchased
and
income
and
428,175
adjustment
directors
share
'
—
1948
;
administrative
Interest
" '
To Pay $7.50 Dividend—
The
"
pi: 2228Y!
168,
'■
Balance.
Other
-Y-
\
received
been
1,107,500
r;.■
Subs.)—Earnings
covered
remains
tdxes-
S.
1,470,568
manufactured
of
Selling,
companies
insurance
,
claims,
income
8,374.840 100,308,988
9,552,056
1,400,991) r
Nine Months Ended Sept. 30—
property damage and $3,950,000 was
continuing expenses,- etc., under use and ocpu-
of profits,
,-pancy insurance.
■
As $12,000,000 had
the
against
_1_——
income
National Supply Co.
$
S "-
$
income
railway opfer. YncYk
,
1948—11 Mos.—1947
1948—Month—1947
Gross
Net
.
369,547
$2,187)174
Chicago & St. Louis RR.—Earnings—
Net
.
369,547
2122.
consecur
upi-s but unit sales have increased
$3,020,430
$2,650,883
168,. p.
holders
192,414,800
amount, $13,362,000
and
same
$2,556,-721
$132,500
period—
the company's sales have been greater than they
month in the year previous.
He added that not only
was
1,059,219
227,460
•
New York City.- will act as agent of holders
scrip for the capital stock of the above corporation in the purchase
!
21,265,095
229,060,915
recovery
/of
-V.
Y.The Bankers Trust Co.,
of
253.703
Balance
$9,126,201
562,785
the 37th
1,051,250
7,428
Period End. Nov; 30—
National Steel Corp.^—Agent for Scrip) Certificates—
>Yl
for
losses resulting from the Texas City plant destruction were settled for
:$17,312,OCO. which is reflected in this statement at Sept. 30, 1948. Of
of
the
in
Cost
The
283.554
^
87,604
Net income-k—... $185,866Divfdends. applic; to pfd. stock for the
which
in
dollar ^vohime
well.—V. 168, p. 2122.
26,905,034
28,373,482
Total
able.
taxes____ Y;
87,604
v:'; 4,406
a
;
:
1948—4 Mos.—1947 '
■
$2,745,879 $12,520,380
171,664
' 843,657
136,402
$3,843,400
$3,706,998
-—1—
earned
Y
93,146
_
$277,876
mtge. bonds—
on
$4,232,237
9,418
$227,532:,, $4,325,383
4^771
-
-
9,163,200
25,000,000
21,372,475
27,621,454
—33,813,739
Earned surplus
ance
$3,870,066
was.the* company's
and
/
shares;, convertible-/___
$5
45,302,797
6,066,496
1,062,934
r;
6,678,181
v
convertible—
shares,
B—250,000
..Common stock (par value
Paid-in surplus
the
before
month
were
500,000
.
1,231,816
48,652,667
_
$3,25 series A—80.894
for
Int.
tax
income
„
;•:'£
Other int. .and-deducts._
payable—trade
and- State
;,-'•,
'
u
$218,114
$273,105
i-'
(net)—
1
income—
Gross
:Y
Y;
-''Y
accounts:
Federal
George Marks,. President, said that November
tive
>
'
depree.,-amortiz, and obsolescence
pensions
—
interests in subsidiary companies/--Preference stock without par value:
-this
for
charges,
deferred
Y
3%
debentures
1950 to 1957,: incl.
Minority
"On
*'
■/''
$1,500,000;
reserve
1 1948—Month—1947
•
J
Profits
1,023,293
2,339,203
30,000,000
.♦
M,775,783
30,000,000
1971
1.
lor
$4
(payable*,
miscellaneous, $204,921;
$1,269,515;
income
'
1948—12 Mos.—1947
$2,836,742. $2,783,300 $35,244,686 $32,538,414
2,368,913
2,153,616
27,381,883
25,670,622
-254,724 .411,570
3,630,566
3,160,794
taxes
'•'
■-
subsidiary 'company
Reserves
v
date, $141,057),
total, $8,894,478.
Y •
Y
National Bellas Hess, Inc.—Sales & Profits—
;
7,247,348
466,203
%
contracts!.—________
,
debentures due Nov.
Canadian
to
1948—Month—1947
.
oper.- revenue
Other
accounts
the
in
Net
..
.at
amount
over
recorded
are
•
100 Years of Service
Public Service Inc.—Earnings—
revenues^-—;
New York
-12,699,715
131,453
containers—1,055,600
payable Dec.
Deposits for returnable
Advances
consideration
■
commemorating the completion of a centdry- of
industry and. to, the American public, has just
"The First ; Hundred Years of
Jersey Zinc Co."^—V. 168, p. 2544."
: ;
New
Federal
$263,359; investments,
depreciation of $883,-;.
etc.,
(less
.
Not^s payable to banks in Brazil—
•
purchase
other tangible -assets
retired
inventory,
receivable, _$342,9?6;
supplies;
equipment
168.
ago.—V.
year
a
Y:.
Oper. rev.- deductions—-
shares at $10), $3,613,000; capital surplus,\ $47,225;
surplus, $319,521; total, $8,894,478.—V. 168, p. 1046.
Y'
192,414,800
Accounts, payable and accruals_^i^r_li*i____;
t Estimated income tax liabilityM"net)'2L
Preference
mill
of
excess
and
Period End. Nov. 30—
LIABILITIES—
accounts
and.
■ ;
,
week
corresponding
70-page illustrated, book entitled
a
Operating
-
;r
17, Hie Association reports electric output
decrease of 263,875 kwh., or 1.61%'below
the
Period-End. Oct. 31—
1,635,478
229,060,915
plants
LIABILITIES—-Notes
¥
___________
Nil
330,000
1
1,871,774
_Y.
charge!
Total
plants
Nil
BALANCE SHEET, OCT. 31-1948
,
.
,
New Orleans
643,000
share___—__
a
li:<
row
$73,131
>
€43,000
and " miscellaneous accrued
liabilities, $254,2611' reserve1 for> contingent
purchase -money obligations, $93,600; 5%' cumulative preferred .sto kY60,000 .shares at $50—(less 2,761 shares retired through sinking fund,
$138,050), $2,861,950;' common stock, $1 par (313,000 shares at $1 and
3,531,066
31,711,857
___________
;
property,
$135,909;
3,363,525
-1
■739,622
subsidiaries___u_
associated
;
(less amounts
-
in
The
common
$3,842,545;
002),
26,154,465
1,775,783
for
ft.
ctt.
issued
71;000
t;
$56,706
ASSETS—Cash, $472,854;.
prepaid expense,
30,184,592
—___
•funds restricted to government contracts—_ia"■Portion of insurance .claims arising from devstruction of Texas City plant.
Investment
•Y
$15,001;
*
-Investment
per
59.000
-
l—
$2,552,317;
which is less
V.
-
shares -outstanding.
16,718^717
5,312,000
claims
ment of
Inventories
1.
' "v.
••■"
income
Earnings
"Receivable from insurance companies in settle.
taxes
;
This company, r in
service -to
American
.
'36,434
40,085 ►'••
;
StMe» income
Y.:':
•■
16,352,101
18,888,328
reserves——
-
Net
Common
5,018,147
securities—at cost_
Receivables,
v..
$
j ;
17,275,560
Government
and
Federal
SHEET
BALANCE
•
charges!-
of- the
aud the
••'
*
•
New Jersey Zinc. Co.—Completes
$180,565
$155,792
Y---'
'I
$2,508,000
outstanding debt,
the
to
•• ■ _•yyy,
2544.;
5,061
...
applied
Dec.
This is
237,176,000
'
$2,932,665 in 1946, and $9,015,241 -in 1945.
ended
16,120,549 kwh:;
P.
Profit
sale-practically
cash
a
be
to
production of 16,384,424 kwh, for the corresponding week a year ago.
Gas output; for, the Dec. .17 week is
imported at 224-,606.000 eiii' ft.
This is a decrease of 12,572,000 cu. ft., or 5.30%
below production of
$4,129,782
,3,360,915
269,952
week
the
For
of
1947
___> $3,788,123
!____
sales
of
of
case •
have
Weekly Production Shows Decline—
Co.^—Earnings
1948
.
Selling, general and administrative expenses
government fees.
to
.
sales
Net
including credit of $1,097,195 insurance recovery for Ios6 of
profits resulting from destruction, of Texas City plant (less estimated
income
taxes of $675,000).
tLess $675,000 applicable to insurance
.
In
wpuid
our
properties
balance, if any, to calling preferred shares."
$1,304,418F. $1,603,640
National Alfalfa Dehydrating & Milling
"Not
)
dividends.
proceeds
1
,;M.
,
willingness to dispose of the New Hampwhen it is feasible we will not;, do,, so
until it can be accomplished, ,by sale or exchange, without. da,ma,gii^g
the structure of the holding company or jeopardizing the maintepance
Maine
and
shire
303,762
•
w*
;
Although we indicated
$1,907,402
;■ r
surplus_i_\ $1,601,648
and
li. 945,
168,
$1;608,181
,
303,763
.
6 Months Ended Oct. 31—
4,101,205
$2.71
6,987,663
$1.63'
12,395,367
$2.79
"11,568,483
$2.51
____
•recovery.
$1,905,411
pfd. stock—
.
stock.
(common
698,443
1,314,183
500,000
to
surplus
Earns, per com. shr.___
'
dividends
cumul.
on
934,577
1,281,431
1,315,920
will therefore be necessary to issue kpproxiof association common stock in each,-of the
that it
125^000. shares
years-1949, 1950 and 1951, and we believe that the economies effected
through tile new equipment and in other ways-vyill make it possible
to
maintain the > present
dividend rate on the increased volume of
7,044,977
630,002
1,430,952
|
______
earned
decld.
.
if
anticipate
We
mktely
"
1,360,206
\
1,452,989
: 646,374
tax,
other charges
before
Balance
Divs.
City
Net income transf.
and
,
____
Texas
for
than Fed. income
for Federal income tax
Interest
6,911,111
(est.)
appltc.
to
other
.Taxes,
12,956,950
v
542,754
§1,345,949
profits taxes
Net
(est.)
22,176,478
1,528,430
17,539,354
_______
12
1,348,877
issue,
in
,
•
feasible, approximately 125,000 shares of common, stocks
any year when1 our riew capital requirements exceed $5,000,00.0, V!hi.v,
to
6,076,491
7,376,544
1,136,304
•.
997,926
9,617,723
1,277,992
The common share equity is presently 25.75% of
capitalization. We also have a regulatory commitfneflt
payments.
consolidated
$17,680,318 $14,425,084 $13,257,504
____J
Depreciation
12,133,623
823,327
605,092
1,081,967
20,815,402
charges
inc.,taxes
dividend
1946
1947
...
Total gross earnings
Prov.
income
Income
Normal
Monday, December 27, 1948
•
i
$17,492,023 $14,207,765 $13,176,588
188,295
217,319
80,916
revenue—
'"'t.
.
Operating
'
.
CHRONICLE
'
1948
Maintenance
t
i*
•
income
'•<:■•
-
54,440,683
6,813,254
49,888,539
operating
1
60,212,831/^3,3^,559
119,382,197 105,829,063
goods sold
Sell. •&
4
Nlne Months Ended Sept. 30—
t
Other
9 Mos. End. Sept. 30—
Net sales
vv"
*
Narragansett Electric Co.- -Earnings—
companies)
subsidiary
*
FINANCIAL
COMMERCIAL' &
THE
(2688)
*
1
17,
J",
exchange
Machold,
of
stocks
company Nfor-stocks
dissolution- of
*'
.
of Niagara
Hudson Power
Niagara
•
piari;! contemplates
Hudson
i
of Niagara Hudson
Earle
SEC,
provides for an
plan
operating
eventual-
Buffalo
the
with
Niagara
completion
of
the
con-
Eleotric
Corp.,
Central. New
York
Power* Corp.,
and New York Power & Light Corp. into a single
operating company,/. The proposed .consolidation was approved by the
F. S.
Commission on Sept. 29,. 19.48, and awaits approval of the SKC.'
Upon the* consolidation, Niagara Hudson will receive all the ,9.580,989
the. common. stock* of - the< new, operating company initially
Y shares of
*
to
■■
.
provisions; .of- the - Declaration t of-.:
the percentage of earnings available'for
!
;
A:
be
issued.
"
•
*
•
The principal features of the amended: plan arerJ
(1)
-into
Reclassification
of
1,939,220 shares
of
the
new
.class
A
operating* company's
stock
and
7,473,172
common
shares
of
stock
com-
stock.
tnon
Iciass"
The
&
""
FOR
*4'
MOS.
9
'
'
ENDED
SEPT.
1
'
1948
share annually and will be convertible for'a period of
years into common stock of the operating company;
,
*...••• Operating income —'-r'—,—-A
1--—,
$628,712
(2) exchange of four shares of* Class A1 stock of the new operating
Operating expense
173,345^
company for each share of Niagara Hudson first and second preferred
Net
operating profit——..
—_
$455,367
stocks;
•
''
'
Sundry income additions—4,290
!(3> an offer by Niagara Hudson for a period of six months after
the effective date of the plan to exchange 78/100 shares of common
Total income
$459,657
stock of the new operating company for one share of Niagara Hudson
5,529
common
stock, plus approximately $2 per share in cash. This cash • Lease rentals and sundry deductions.;-;
Intangible drilling costs„^__'_„_
:J_^_ ■
156,312
payment is the estimated amount per share of Niagara Hudson com¬
of
$1.20
loan!
that
To -the extent
-i
retire
to
bank
the
the application
reduced by
is
loan
Provision
-
of'Cannings, the $2 cash payment itself will be reduced. In any event,
iib- stockholder
will be
required to make any payment prior :to .two
from-the effective date of the
plan.
Assuming earnings in
the
meantime are
sufficient
to
eliminate the
debt, no payment at
would
"This
be
required.
plan,"
the
Fred
Class
stock
into
stock
,
class
the
>Eaeh
l>e
share
of
and
A
stocks;
common
(3)
exchange
to
stock
conversion
the
at
1
the
Hudson
ftew
of
such
will
until
Its
Oklahoma
which
Operating
period
extended
is
Federal
by
of
In
the
on
the
present
has
been
remaining
stock
common
paid.
shares
of
income
most
Niagara
Hudson.
Hudson
Niagara
Power
respect
the
outstanding
Corp.
the
upon
will
tfra
plan,
Steps
will
bring
With
Hudson
its
class
terminate
the
direct
stropg,
completely
in
affairs
—V.
that
has
public
upstate
under
been
North
John
and
utility
operating
York."—V.
New
of
stocks
-
168,
effective
The
\
Bassill
March
this
obligation
ment
16
of
by
of
and
Bassill
Mr.
minority
of
directors
Corp.,
renewal
clause
also V. 168,
.
of
resignation
American
said:
stockholders
North
take
to
employment
my
In
Net
President
as
Bemberg
"Having
during
American
effect
contract.
the
Rayon
March
on
I
contract
my
fulfilled
period
of
at
1,
Corp.
the
the
the
output
68,721,000
totaled
this company
week
the
ended
as
compared with 63,735,000
last year, an increase of 7.8%.
of this company for the week ended
output
kwh.,
week
Dec.
kwh.,
date
and
compared
as
last
year,
with
168,
the
This year, after
The
will
Dyox
14 consecutive years of earning
about $1.60
earn
Process
(chlorine
the
net
the
arrangements,
td
During the year 1948,
ihonths of January, April,
•
share,
or
at the
162, p. 686.
aggregate,of $2.—V,
an
to
and October
July,
*
per
decided
have
directors
utilize
1
in
This
been
The
"i value.
of
|
modern one-story building.
approximately $200,000
a
This purchase
$36,900
annually
will" ef fect
in
rental
less
was
the
.
major
factor
the
in
company's-operations.
:
will be
and
are
estimates
used
the
in
that
furnishing:
orders is
favorable,
the
Baltimore, Md.
V-
7
-
•>•;
.•
1148. '
Dec.
filed
16
and
maturing
Of this amount,
registration
.a
statement
with
amount
outstanding
now
SHEET,
Sept.
after
SEPT.
shares
of
units
(50c
$100
Harrison
ere
par)
Co.;
&
.will
.
used
be
Bioren
debentures
The
&
and
10
..
due
Jan.
1974,
1,
r-
;
Net
statement
racing
a
7329)
No.
(without! underwriting)
15,402
$85,777,668;
1949),
30,
-..'V
were
sold
at
-■ t,
Total
Quarters Ended—
Mar. 31,'48
\
income
—
opers.—
:~t Si-'-.
.Operating expenses
49,204
;
_j.
59,546
$1,157,562
operating
.Sundry Income
profit
$139,739
„
——
24,664-
207,817
57,900
-
inc., taxes
•
on
Provision
:_
abandonments__i.
for
Income
taxes-
pfd.
stock
held
co.
per
Earns,
per
—'v: 168,
1,067
1,912
$156,593
$162,014
1,581
3,504
80,236
'
39,342
36,734
10,199
r
;
.
.
___
<
9,055
$51,315K
18,182
$97,488
$3,009,718
161,758
_
cf
control
-
meant
Dumont
other subsidiaries
firm under FCC
one
proposed decision. Paramount
oral argument, and is Al¬
;
•
' '
1
stations, in Washington, Pitts¬
which Paramount admits, it
Television Productions, Inci—
Chicago
finds
and
Angeles
Los
respec¬
Dumdnt,
' •;
controls
Paramount
stations.
$711,163,
of
' 1,056,400
$2,480,534
$598,237
30,168
v
31,000
$680,163
:
;$1.46
share
com.
p,
,
$1,791,560
93,000
'$568,069
* -
$0.72
.*
-
77,043
"$2,387,534
$5.1'2
$1,714,517
' '
$3.68
$1.70
$1.22
$0.56,
$2.61
fixed
1
•
■
*
5
$93,725
•
Telephone & Telegraph Co.—To Offer 828,920
new
stock
by
share
essary
for
20%
The
at
revealed
stock
five
for
•
"Since-our
22
stockholders
each
applications
authorities.
from
Dec.
on
to
directors.
■
ratio
of
the
end
at
and/or
':. -
■
taken
FCC
The
and
of
without
found
also
three
and that
approval of both the
stock
B
the
of
Dumont,
Paramount
elects four
Included
directors.
eight
by Paramount through its control of class B
Assistant
and
Treasurer,
who must give
con¬
monies can be paid out.
any
also
found
that
is
the
second
Herrfeldt, who began his association with this corporation
as a salesman, has just been promoted to the position
and
General Sales
Manager of
Park & Tilford
ago
President.
his
168,
who
Johnson,
D. Schulte,
not as yet
has
549.
p.
Inc.—New President of Unit—
Bonwicku has
J.
Jim
Arthur
by
announcement
an
succeeds
plans.—V.
future
Pathc Industries,
/George
to
Herrfeldt
Mr.
known
made
according
Corp.,
Import
..
Paramount
Vice-President
been
President
elected
Pictorial
of
Films,
Inc., a wholly owned subsidiary.—V. 168, p. 2546.
*
Pennsylvania Power & Light Co.—Paying Agent, Etc.
The
Guaranty
new
1
series
has
also
v:
f
Trust Co. of New York, corporate trustee under the
first mortgage bonds, 3'/4% series due 1978,
$10,000,000
of
paying
been"■appointed
168,-p. 2545; ; „;
agent
and
Subs.)—Earnings—
Pet Milk Co; (&
,
$
$
-
37,872,137 115,683,464
99,393,081
19,780
Dr6,089
8,014
3,301
9,823
15,655
13,551
38,083,702
37,875,871
115,707,133
99,426,412
423
goods sold, sell.,
and admin, exps... 36,
Propor.
paid
of
93.549,662
1,013,952
110,952,730
357,63(4
47,774
1,105,637
44,429
681
808
2,336
2,266
385,000
(net)
35,592,092
249
41,306
Depreciation
to
-
6,981
income
Total
of
series".-*-
of
(net)__
assets
Miscellaneous
gen.
$
38,073,420
sales
disposition
this
1948—9 Mos.—1947:
1947-
1948—3 Mos.
Period End. Sept; 30—
on
of
registrar
,/
..
686,500
1,146,000
1,839,500
1,986,142
2,511,586
"
59,446
applic.
prof,
min. int. in
sub.
co.
*
-
estd.
for
income
Federal
taxes
tory
i
inven¬
Net
,450.000
450,000
;
loss
2nd
to
offer
share,
828,920
on
be
a
filed
with
to~
> •
total/capital
tq
over;
50%
shares
date
to
of.
be
ratio of one
shares held.'
Necthe
in
preferred
will
-■
debt
the, war;,
'a
697,065
112,500
741.063
27,093
252,594
81,281
28,944
.30,923
divs.___,
110,018
110,018
330,052
86,838
330,052
period.!
474,547
outstand.
440.069
profit
stock
dividends—
pfd.
stock
divs
Common
stock
for
shs.
Earnings per
com.
■
regulatory:
ASSETS—Cash,
for
reserve
miscellaneous
$1.33; <
share
CONSOLIDATED
offered
be
financing
bonded
of
plans
$100
will
common
the
be
stock.
Treasurer
years
Surplus
' :
' '
947.
can
class
'
'
share__
pfd.
the
officers
B
of
Prov.
,
1,358,700
366,300
408,300-
by pub._
company
common,
17,852
.
and
:
Park & Tilford, Inc,?—New Vice-Pres. of Unit-
Common Shares to Stockholders—
r
J.
Para¬
firms
in
It
all
action
class
the
Common
*
'/Net- profit,
,
Pfd.
The
Intangible drilling costs*.--
$4,064,415
225,182
.
.
,
___j_
profit —'
on
sub.
$160,102
444
,'Lease rentals and sundry deductions
'Loss
$1,016,362
51,825
75,214
Earns,
1,311
___
______
that
Laboratories
television holdings any
for
and
television
five
Dumont
FCC
Interest
t
$1,194,676
income__
Net
16.
$141,050
__,
Total income
a
ask
Corp.
since
controls,
corporate
and
are
Cost
$2,951,818
64,594
$155,526
->
~
capital
$3,85^,598
$991,698
37,114
*
income
Pacific
Net
trans¬
2328.
p.
ruled
16
Dec.
its
permitted
this.
of
stations
that
says
controls
six
Profit
^—1.—;
—uj.—.—.—
from
Divs.
-
$224,696
-
and
other
Two
Katz
&
Prov. for possible
June 30,'48 Sept. 30,'48
'$215,072
the
acquired
proposed
168,
,
new
the
Net
'
1948—9 Mos.—1947
$3,417,596 $11,649,712
$9,872,792
2,425,898
" 7,793,114
6,920,974
,i:
(estimated(
1947 (regis¬
$10 per share
$188,943
__________
the
Dumont
B.
$
(& Subs.)—Earnings—
Co.
for Fed.
Prov.
Oceanic Oil Co., Los Angeles, Calif.—Earnings—
Operating
York.
13
mar¬
1948—3 Mos —1947
income
Deducts,
Proceeds
and 40,498 shares were deregistered Dec.
Allen
the form of
•:
.
..4/"
Bstd. net-inc. to surp.----
■
(In¬
plant.
shares
Commission
advantage
television
have
Harry P.
receivables
and
Of the 55,900 shares of stock filed with the SEC Nov. 28,
tration
to
(unsecured), current, $72,200,000; acFederal income taxes, $1,341,311; dealers'
$3,793,184
2,635,622
V
■
fr.
inc.
Other
the
Philadelphia; C. T. Williams & Co.,
Co.,
of
investi¬
an
largest class A
stockholder of Dumont,
and since the class A stock is widely held,
has a considerable leverage in lining up class A stockholders behind
Paramount proposals. Mr. Raibourn, the FCC said, spends approximately
15%
of his time on Dumont business, and he and other Paramount
officials have participated
in Dumont board discussions as to where
Dumont should apply for television stations.*—V. 168, p. 2435;:
'<
payable
revenues—
Operating expenses
.WW"
securities are to be offered
shares of stock.
Underwriters
Woodcock, McLear & Co., Philadelphia.
construct
to
income
common.
debentures
of
Inc., Baltimore^-and
■m
6%
$600,000
covering
60,000
in
of
maximum
the
is
exceptions
take
Paramount
The
30,, ,1948
$18,600,319;
hand,
on
________
SEC
Panhandle
effect
customers.—V.
Paramount's
that
came in
file
to
New
sent before
•
Sept'. 30—
Period End.
.
-
on
completes
ruling that Paramount does control Dumont, the FCC pointed out
stock
March 31, 1950, equal to 38%
over
$712,500),- $9,500,000;. 5%
Operating
company
total
the
Pacific Public Service
-
v.-
said
In the four officers elected
total of $8,500,000 of its 10-year
a
BALANCE
bank
in
j.. -
-
The
of
(equities in receivables withheld), $4,579,193; unpaid insurance
p.
_
Ocean Downs Racing Association, Inc.,
it
which
the
gas
it can not expand
it does,
to
FCC
class A
1953,
announce¬
•
^-—Registers With SEC—
issued
no
sinking fund series and carries
of consolidated net income
•but
not
preferred- stock ($100 par '
•;value), $3,700,000; common stock ($10 par value), $5,485,840; paid-in
surplus, $3,665,819;" earned surplus, *■ $2,431^-165;. total, $106,466,377.—
proportion of its products
television set than in the average
or
until
already has three television
and
In
i
greater
a
average
set.
Hhe present backlog
added.—V. 168, p. 1143.
radio
ment
stock
preferred
bringing
payable/$586,850;
beginning
today
stop-order
controlled
Inc.,
ruling
certain
that
claims and adjustment expenses,.-$165,448;--unearned' insurance pre¬
miums, $2,810,751k31/8%. subordinated notes maturing* in 1958 (subordhtated -to- other borrowed
funds-: and ^subject
to annual payments,
/
appraised
•
It-is
the
in
payment
up
Boston.
capital posi¬
company's
.
amortization.
hold
to
Specifically, the FCC said, it proposes to deny two applications now
for new stations for Dumont and three pending applications
for new
stations for three other "firms, which Paramount admits It
controls.
Affected
would
be Dumont
applications in Cleveland and
Cincinnati and applications by Television Production in San Francisco,
United
Detroit
Theatres
in
Detroit, and New. England Theatres "..in
outstanding 11,250 shares of
reserves
tuners;>v switches- and other productsJ to the principal television manu-^
! factum's and continues to sell practically all radio manufacturers.
.The-management
Issued,
were
counts
.■
'
•
at private
subordinated notes to two insurance companies.
LIABILITIES—Notes
/
The supplying of essential parts to the television industry has become
,a
value
.
estimated 'saving to the company
an
and
the
investigating
natural
stations
days
20
sale 15,000 shares of a
at $100 per share.
The
the
improve
16
ketable securities (at cost—market.value, $80,000) $37,500; cash deposits
.reinsurance agreements and for purposes required by insurance
laws), ♦ $51,503;" repossessions,
(at estimated
realizable value),
$186,330; equity in Pacific Finance building (cost) $510,404; furniture
iand equipment v(less
reserve ; for
depreciation, $247,412),
$698,052;
unamortized leasehold improvements, $206,583; deferred charges, (pre*
paid
interest,
stationery: and: supplies/ insurance, ; etc//. $398,018;.
total, $106,466,374..
•../ r .'
J'
•
" •'
'
' '*
the
Del.,
pending
.
rate of 50 cents
" "
than
,
is
as
Paramount
-(under
(III.)—Buys Crystal Lake Plant—
price- of
to
Aug.
company
cluding instalments
company,
iplant-is
-
copimon
failing
after
Court
i
The
M
with factories in Chicago and Crystal Lake, 111., on
15 exercised its option to purchase the Crystal Lake plant it has
leasing from Edward F. Bessey,- President of the company.'1 The
Dec.
$2.00
1947
order
on
CONSOLIDATED
-
Oak Mfg. Co;
par
the
25
ASSETS—Cash
•
.
.
of
shares
810,000
.
Wilmington,
Communications
five
already
tively•
preferred stock, 41/2% convertible
series, were converted to 64,281 shares of common stock at the con¬
version price of $17.50 per share, during the second quarter of 1948.
In
addition,
2,500 shares of common stock were 'issued under the
employes' stock option plan at the option price of $18 per' share.''
current
any
$921,503
460,000
•
The net income originally reported was $721,490
common stock was
$1.33 per share.
>
sold
$100
of
June
to replace
dividend action at this time.
stockholders have been paid dividends
postpone
548,584
entitling the holders to purchase, on or before Dec. 31,
aggregate of 30,000 shares of common stock at $21.50.
The
that the bulk of the capital expenditures necessitated -will
completed in the first half of 1949.
Rather than resort to other
and
$1,376,121
_
$9,500,000.
anticipated
financing
1
Circuit
circumstances, under
controls—Balaban
$7,080,000 represented refunding of the 3%% subordinated notes issued
in 1947.
On Aug. 19 an additional $1,000,000 of 3%%
subordinated
Agene Process i nitrogen trichloride I
in the treatment of flour.
Is mow being installed in flour mills and is proving satisfactory.
It is
funds
Btop
to
Appeals at
in the case
Commission
burgh
109,687
for
income
company
the
be
the
series
3%%
\x
development
new
a
•
sitting
judges
controlled five stations through Dumont and
Dumont
9.40
___—.—;
for
FINANCING—In
the
On
$2.00 dividend, this
a
share.
per
dioxide),
Co.
the
of
Court
*
The FCC
$1,031,190
$2.51
;
preferred stock is designated 5%
an
Novadel-Agene Corp.—Earns About $1.60 per Share in
company
long
that
has
206,50o
$1,484,871
108,750
stock oustanding_
new
2228.
p.
Argued—
order
an
by implication said that some expansion might be
permitted Paramount if it chose to. modify its stockholdings in DumonJ;.
1947
warrants
Dec. 11, 1948,
kwh. for the
6.8%.—V.
of
increase
an
63,782,000
stock—
common
at
seeks
Commission
The
13.65
common
three
dividends of
pay
Production
petitioned
Court
Pictures,
it
and
$1,237,690
;
for
to
Panhandle's
Federal
The
1948
I
4
The
21.
.
also
as
that
$2,744,871
1,260,000
taxes
—___
new
1948,"
1948—Postpones Dividend Action—M. F. Tiernan, President, on Dec. 16, said in substance:
,
'
-
inc.
for
further.
■
,
\
Commission
Power
United States Circuit
Dec.
on
the
It
mount
..that
Comptroller of' that
and Treasurer.
requirements—-.:
portion of that year.
See
for
1586.
158, p.
-
,
18,
for the third
comparable provi¬
No
trols Dumont Television—-Commission Bars New Expan¬
sion in Field as Long as Picture Firm Has 5-Sta,tion Limit
period have been restated to give
effect to the applicable portion of 1947 year-end adjustments, including
a
nonrecurring tax credit of $590,000 resulting from filing a consoli¬
dated Federal income tax return with Lockheed Aircraft Corp. for a
notes
v
dividend
NOTE—Earnings
(Minn.)—Weekly Output—
for
kwh.,
68.139,000
corresponding
into
upon
The
■
Earned per share—
corresponding week
Electric
•
earned-
NEW
of
"
income
Malayan
for
$91,000
„
appointed
affiliate,-has been
an
Number cf shares of
automatic
government."
provisions
.J:
-
■
<
«
provision for Federal
Federal income taxes.:
for
Net income
my
govern¬
expiration
waived
request of
Northern States Power Co.
Electric
totaled
7
'
i
income——.
tion,
;
'
before
Times
American
and
the
1949,
previously
had
up
Paramount Pictures, Inc.—FCC Rules Paramount Con¬
Cranston, Assistant Treasurer and Auditor of Owens-Corning
Preferred
Corp.
2545.
p.
,7
■
168, p. 2011.
Income
and to our customers during a period when any.
change in the method of distributing our product would have
injured many of them, I have tendered by resignation to the
Bemberg
2545.:
•
Nine Months Ended Sept. 30—
2545.
p.
set
dividend.
427,500
$2,821,313
" : $3.41
Federal
seeks
Commission
gation
7 Pacific Finance Corp. of Calif.—Earnings—
'seriously
boards
427,500
$3,716,871
<
$4.40
Pa.,
rules.
will
ownership
radical
requirements-:—:——-
to common stock and surplus
common share (827,013 shares)
p.
quarter of
fotf this
third
the
reserves
1947 accounts.—V.
the Third
District
action
•
isued
td" the
his
announced
corporation
1949.
1,
statement
3,248,813
—
the
Hugoton
stock
The
*
according to Harry R. Winkle, Vice-President
Rayon Corp.—President Resigns—
Dec.
on
of
640,798
Corp.,
—V.
serving
company
168,
in the
Commission
Federal
$3,889,611
$4,144,371
;
company,
/
financially
a
include
decision;
of
The
for several
way
the
to
from paying its own stockholders a dividend of Hugotoa
company
most
American
E,
director
a
$4,818,452
674,081
:
by
before
was
The
36,645
FIberglas
Its
simplification
Hudson
stocks
common
of
one
corporation.
-
corporate
Niagara
of
and
A
the
is
in
damage
charged
were
figures
income
appeal
reserved
$3,852,966
67,518
applic.
Hal M.
"This
repairing war
contingency reserve amounting to
to $139,000 for the nine months.
Philadelphia,
1,945,300
-
$4,750,935
—
,
dividend
stock
Provision
"v
2,239,000'
Owens-Illinois Glass Co.—Comptroller of Affiliate—
date
.
said,
of
of
program
holders
class
integrated
people
a
System
of
owners
2,750,000
(net)
Earnings per
Corp.
effective
of
and
and
company
stock
$19,268,150 $17,275,378
12,278,216
11,477,112
-
taxes—
income
Balance
warrants
option
B
at
Machold
Mr.
the
in
close
completion,
become
:
1947
'
..
Niagara
years.
;over
the
of
Power
costs
$5,000
1948
An
this
deductions
Preferred
"
important
fulfillment
income
income—
Gross
Income
rata in exchange to the remaining holders,
pro
Niagara
$0.26
sions were included
the
the
Niagara
stock of the
common
$0.54
and depletion.
but before depreciation
locations,
1948
—
State
Thereupon
of
$0.14
$0.14
93,000
"
1946.
and
quarter
stock
the effective date
the Securities and
plan.
commenting
The
taxes
Co.—Earnings
Utility operating income
-
Hudson
in
—'——-
at
to
$277,000
totaled
shares.
paid
dissolve.
in
to 15 more proven
deductions
revenue
and
stock
common
pursuant
after
years
part
Gas
Natural
Operating revenues,
the
Other
the
in
interest
distributed
two
in
or'
Kern
Twelve Months Ended Sept. 30—•
share.
per
at
that there are from 10
127,000
$584,0C0
Panhandle Eastern Pipe Line Co.—Dividend
Net
be
indebtedness
stock
rights
the
or
its
not
than
more
will distribute
Niagara
the
all
of
whole
a'
$26,875
Co.
Oil
46,000
$154,000
taxes,
purpose
the leases held jointly with Universal
Bluff, and Oceanic's geological depart¬
developing
is
company
44,000
NOTE—The
1948
1
1948—9 Mos.—1947
629,200
584,200
$711,000
$370,000
$151,000
Earnings per share__
•After
(& Subs.)—Earnings—r
$200,000
$196,000
and
I
Income
Net
production as of Sept. 30, 194J stood at
price received therefor being $2.24 per
net
average
(lbs.)_
plant,
depletion—
and
Deprec.
will
company
after
years,
as
at
company
not
unless
thereafter
of
three
company
time
dispose
operating company
All
*>f
operating
new
The
Consolidated
Commission.
common
will
.
will
in
dividends
.Hudson
succeeding
to
operating
plan,
Exchange
No
the
of
daily,
ment indicates
the
of
operating
time
Hudson
new
exchange' offer
of
the
the
of
from
or
Niagara
the
option
during
option
time
of
the
daily
company's
barrels
1,043
privilege will expire.
Upon the -termination of the first
period, the class ,A ,stock shall thereafter., be redeemable
conversion
any
stock
A
$107,143
telephone
19*8—3 Mos.—1947
-Not stated' '
income—_w__l—•
barrel.
Niagara
the
of
the
common
.operating company for
stocks;
<4i
to exchange
class
$242,527
.)—
sold
tin
Metallic
President, on Nov. 1 said in part:
1947 it was stated that as of March 1, 1948
Keller,
,
The
holder into 1 1/10 shares of the
operating company during the first three years
effective date of the plan, and into one share of the
stock
following
I
the
cqnvertible at
common
"
of
18,000
-
and. improvements to its
purposes.—V. 168, p. 2545.
Period End. Sept. 30—
annual report for
drilled.
Hudson first
and second preferred
common stock of the
operating
company
for Niagara Hudson
common
stock, plus cash;
<5; to dissolve Niagara Hudson Power Corp., the holding company.
A
*
company had from 50%
to 100% operator's interest in 44 pro¬
ducing wells in Kern County.
Since the latter date the company has
completed 16 wells making a
tot^l of 60 producing well in Kern
County.
During
the same
period six non-productive wells were
simplification
■
common
45,090
c__
corporate
Pacific Tin Consolidated Corp.
654
the
-
,,
M.
the
In
Machold
Mr.
corporate
profit.7—^
Net
.
stated, "is a further step in compliance
requirements of the Public Utility
Holding Company Act.
It is part of the Niagara Hudson's/ program
11) to consolidate its principal operating subsidiaries into a single
operating company;
(2l
to reclassify the new operating company's
■with
taxes_:„
additions
other
for
'•Net
-years
all
income
Federal
for
ma#e available fry the sale of stock would be used by the
to repay temjiorarS' loans from banks or to provide lor
extensions,
149,030
10,199-
Loss-, on•. abandonments——,——:
bank,,
outstanding
Hudson's
Niagara
Funds
company
4,491
.
required
and
this
;;
$279,318
_
stock
"Successful
$277,138
2,180
___—
mon
President,
$380,728
103,590
..
financing should be by equity, if possible," M. R.* Sullivan,
stated;
equity financing will require improvement in earnings,
we are making every effort to secure rate increases in order that
may be accomplished,f he said.
long-time
30
1947
per
elk
13
(2689)
CHRONICLE
FINANCIAL
-
ACCOUNT
INCOME
COMPARATIVE
will be entitled to cumulative dividends
stock
A
COMMERCIAL
THE
Number 4763
168
Volume
BALANCE
$3,080,407;
doubtful,
items
accounts
575,008
1,372,573
440.069
440.069
2,013,415
440,0fe9
$1.55
$3.87
$5.33
'
SHEET,
SEPT.
30,
1948
trade accounts and notes receivable (less
discounts of $186,854), $5,905*320;
$58,729;
employees
accounts re¬
and.
receivable,
$95;726;r finished" goods- and work in process, $21,239,668;
and supplies,
$5,903,533;
investments and. other .assets,
estate,., . buildings,
machinery and equipment,; (less
for. depreciation of $13,414,5r5>, $14,826,576; goodwill. $h247,-
ceivable,
materials
$1 074,326/ real
has
today,
increased
additional
reserve
857;
deferred eharges
to-operations,
$516,133;
total,
$53,948,275,
14
(2690)
THE
& 'FINANCIAL; CHRONICLE
COMMERCIAL
Monday,-December 27, 1948
'
LIABILITIES—Notes payable,. $11,000,0Q0; accounts, payable, $7,484,•021! accrued salaries and wages, $247,168;, accrued taxes, $353,398;
sundry accounts payable,.$415,115; Federal taxes on. Income, $2,103,575;
•reserve for possible future
inventory losses, $1,000,000; insurance re¬
serve,
$588,160;
minority interest
in
subsidiary company,
$3,458;
4Va.%
cumulative, preferred stock
($100 par),
$10,000,000; common
stock
(450,000 n.o-par shares), $7,912,817; common stock in treasury
shnrpsi'■
nr*iRi
(9.931
earned * surplus,
$13,003,905;
total,
share?!,'
Dr$163,342;
$53,948,275.-—V. 168, p. 1587.
booklet, describes
V (The
proper : selection /of
the
detail
in
19481948—3
Period End. Sept. 30—
Mos.—1947
Net profit after
taxes-.
Earnings per share,—
$
1948^-3 Mo$.^X9.47
f
/
Subs.)—Earnings—
—.
$0,70^
$0.99
$2S8 /
,
.
.
$12,888,002 $10,885,338 $15,776,315
223,392
317,999
165,043
operations.
-
' ' $''
$
'''
*
other
•
"*
$2.36'
'Capacity, production from the 27 plate and window! glass,'paint, and
chemical Plants operated by this company during .the third quarter
coupled with peak, seasonal demand lor the firm's products have re-;
suited, in an all-time sales record of more thaq • $73,800,900,.'L according
't^i Harry B. Biggins, president. ■
•
:
"Sales for the month of August exceeded $25,000,000^.^thei highest
month in the firm's history. These record-breaking sales; resulted pri- ;
marlly from exceptionally heavy demand from the building: industry* for...
glass and paint products. The volume of safety glass: supplied, to> auto-;
motive, manufacturers during the period remain^ed at,ya;,highvleyel/rr
Mi. Higgins reported.—V. 168, p. 2328.
.
Ended Sept. 30—
1948
1947
1946
•
Gross sales, less returns and allows. $33,412,618 $28,151,296 $32,299,890
Cost of goods sold,—
20,117,740
14,640,150
13,951,804
Provision for depreciation
i__
1.096,102
825,143
525,806
Sell.y gen. and admin, expenses
1,310,774
1,800,664
- 2,£45,964
from
•
•
.
other corpcrate purposes.
.
$13,111,394 $11,203,338 $15,941,358
268,505
422,889
756,391
4,900,000
4,153,000
5,873,000
-540,000
t it
—
Other
deduqtions —
_s_
Federal taxes on income—
Statq franchise taxes
—
Sales
Cost
and
$7,402,889
—
$6,627,448
$9,311,966
19,344,812
.-w
14,187,128
5,844,791
Estim.
expenses in connection with
issuance of preferred su)ck,_—
Dividends
on
preferred
Dividends
on
common
stock
Earned surplus, Sept, 30
♦Earnings per share-^—
*On
taxes——,.
444,735'
—
tions
and' administrative expenses ($585,000 in
■
Interest paid, less interest earned—
Depreciation, depletion "& amortization-—2^.iProv.
tlncluded in selling; general
for
income
& state
Fed.
.931,072
,2,891,516
taxes—*—
SEPT.
30,
1948
;
.
demand deposits,
$8,390,007;. IT. S.
Gavernment and inunicipal securities (at cost), $5,581,402; U. S/ Treas¬
Earnings
buildings,
—V.
Philadelphia Co. (& Subs.)—Earnings—
Including Pittsburgh- By.
Co.
and
Oper. rev. deductions of,
utility cos,
—
Net oper.
inc.
.
\
-
;
ended
12
mos.
ended Sept.
35,886,714
54,763,052
"4,124,000
-2. ;"':V
828,529
•;
•
•
22.
$0.10
$1.71
$1.76
2
•
the
offering,
bankers
to
-voted
the
extend
3%
debentures,
due 1963,
their underwriting agreements
new
of
terms
15.
The/syndicate,, which:.isritanaged* by Halsey, Stuart
Int2, bought the $50,000,000 i2sue ; i» : a: competitive sale- oh
;
30,
2,050,000
507,000
203,000
v.
655,000
239.000
355,000
135,000
1,517,000
1,990,000
577,000
2
753,000
.
1,001,000 2
1,256,000
.
Interest and
,.
2
Net
304,030
.
416,000
in febod
received
.
6.680
19,020
199,251
2,355,983
2.336,903
$368,181
—
available -for
Balance
140,000
1,2.7,000
NOTE—In
tl>©
on
to
$381,663
$4 454,844
$4,582,690
2.393,
687,500
687,500
$3,767,344
$3,875,190
paid—
common,
stock,
etc.—
1948 the company received the final instalment
canital stock of North Coast Transportation Co.
June,
of
sale
the
Dividends of $550,000' received from the: North
Co. during Oct;, 1947' and $1,028,000. for the
end»d
Oct.
3J.
1948
(1947—$550,000)
are
non¬
recurring
and,
together
with the Federal
income
tax
applicable
thereto/ have been excluded to give a better comparison of Puget's
operating performance.—V. 168, p. 2124.
*
;/
Greyhound
Corn,
Oast* Transportation
the
The backlog
volume.
$6,918,613
$6,817,507
185,494
dividends
preference
$583,312
$554,302
627*
amort
income
Prior
..
*
be
19,950,927 *18.091,035
1,929,904
1,850,158
1,599,754
122,150
f
.
220,C00 r.
,
;\-v
to
>
2
'■
■
Net oper, revenues^Other inc. deduct, (net)
.,324,000
;
.
■
continues
and
dcprec.
cxp.,
.
,
and
business
•
1948—12 Mos.—1947
r
$2,305,216 $28,698,338 $26,850,798
409,000
216,000.
.
'
1947
1948—Month—1947
$2,267,063:
general taxes-1,564,761
Federal taxes on income
148,000
$268)000'
244,000;
.
Oper.
2)
2
Taxes.
.
2'
-633,000
2 794,000
1943
30,
^'and Profits /
Taxes
1,639,000
_———.-
.ended Sept.
mos.
New
755,118
■.
Pu?et Sound Power & Light * Co.^Earnings—
of unshipped orders has increased since the end of June and ,is now.,
running, some 80% ahead of a year ago, Philip \V, Moore, President,
said on Nov. 10.—V. .168, p.' 748. •.
>;
, ;/■...
$16,430,793
1,086,448
v
Period End. Oct. 31—
V';:;2,'2:2'2:'
policies.
,
$10 997,368
663,560
$0.15
342,979
share
com;
Operating revenues—
figures for the recond quarter, of 1947'aqdvlhe nine
the 12 months ^n^ing Sept. 3O( ,1947 include ,$TO,O00' of
non-recurring gain arising from the maturity of certain insurance
) 3,130,41'6
$12,163,016 $13,057,923
—
^
.2 $6.95
NOTE—The
months
47,458,839
2,616,475
■
ity cos.
Other income (net Dr)_
12
$1,473,487
'
y.
and Profits
$178,000
540,000
1943
Sept. 30,
Seconq quarter 22-2—f----.
Third quarter —^
•
9 mos. ended Sept. 30, 1947
;
3,423,675
tax.
of util-
rev.
:
,
$1,436,446
Npvv 22. It paid a price of 100.68 ^eriii oh itsf subsequent, rsoffering
to ,the public it priced the debentures at 101.209, to- yield 2.9% 2 to
maturity in 19C3,-^-V.. 163, p. 2329. ,
2 c*
" ■
• •:>?..;;
»■
After Income i
Income
653,000
212l.*2—''
quarter —_2_2—_2
mos.
..First,quarter
41,580.895
—
Prcv, for Fed,
*
.
,
.
.$446,000
9
Period End. Sept. 3C—
1948—9 Mos.—1947
1948—12 Mos.—1947
Oper. revs, of -util. cos.1. $57,167,585 $51,561,112 $75,884,410 $67,020,048
•
Profits Taxes
—
Cecond quarter
Third
railway subsidiaries of Philadelphia Co.)
28,220
$87,111
Public Service Electric & Gas Co.—Time Extended—-
Co.
$4,183,969', $4 .0.71,361
Income and
street
other
per
168, p. 2436.
have
III.—Earnings-
1348— 2 22.VV.V1'
First quarter
■
subsidiaries
and
28,220
$126,775
require.2
investment
!/';4:073r673^Ji(382,3iy
—j.—i..:
Profits Before
1947—
(Not
£06,879
$1,816,466
$1,778,146
341,700
.until Jan,
.8:7..:,
Poor & Co,, Chicago,
747.
p.
10.997
■
amor¬
$3,149,212; reserves for contingencies, $1,123,019; reserves fcr deferred
compensation, $464,428; reserves fcr repairs and replacements of leased
property, $90,000; 3Va% preferred stock ($100 par value), $5,000,000;
common stock
($1 par value), $1,500,000; paid-in surplus, $4,890,411;
earned
Surplus, $24,396,376; Ters reacquired common stock, $1 par
value, held in treasury, 19,950 shares, at cost, jDr$518,700; total, $47,168,
9)645/
share.
per
$115,331
168, p. 1048.
LIABILITIES—Accounts payable, $767,398; accrued federal taxes on
income, $6,803,532; other accrued taxes, wages, salaries and expenses,
665,675.—V.
a
699,178
-
2,942,892
v
for the periods
Net income
for depreciation of
$8,264,735)*, $15,769,326; patents, trademarks, etc. (at: cost, less
tization), $2,583; deferred charges, $293,196; total, $47,665,675.
of subsidiaries
-stockholders
ury savings notes (at cost plus interest), $3,534,850; account? receiv¬
able (lesvreserve), $3,728,748; inventories (at lower of cost or market),
$9,684,6S0; miscellaneous investments and deposits, $680,883; land,
reserve
$2,323,345
.
38,284
$154,995"
outstanding)—
-mow
■
and
machinery and equipment (after
stock. div.
—V.
■
$5,572087/ $5,464,672
before prov. for minority stockholders
minority stockholders:
Dividends accrued on pref. stk. of subs
Portion of net income applicable to common
•
hand:
on
$2,477,324
$153,615
74,675
—
income-——
Earned
'
444,294
•
Provision for
ASSETS—Cash
Net
Pfd.
$9,782,929
1.527,253.
Net inc.
1947),
CONSOLIDATED BALANCE SHEET,
28,261
"
.
828,355
^
$10,456,501
465,446
2,878,560
,
stock,
common
767,803
c-—,—
(net)^
:,2' Balance ■.22--22—2-'-
$24,396,376 $18,526,676 $12,278,197
$4.91
$4.47
$6.2$
—_
1>480,050 shares of
Gther "income
9,723
2,220,075
Or1,354
$2,323,038
,307
378,394
$9,688(698, $8,954,574
deprec., 'etc.—2---—'
Operating profit before
,
—
$2,449,063
Int.
.
——58,103
131,250
2,220,075
stock
725,60Q
$154,969
*
$229,670 '
Gross income——and other deduc¬
;
,
$26,747,701 $20,8X4,577 $15,156,757
surplus
Income.
;• $221(100'
income (net) -2,v.
8,570
Nonoper;
.
,
Federal & state payroll
Tptal
8,738,248
594,800
^
,
.
•: Net' income
Earned surplus January 'I—
10,296,539
879,30818(800
9,000
.Net, oper.
...
Vl,t90(3,87 -■60,136',55&
!
3)913,470
Selling, general & administrative expenses—j. v 2 4,075i952
Provision for bad, debts
J. ,v:;; .25,007, >
21,039
Taxes (other than Federal & State inc. taxes):
532,709' ;
463,301
Property, franchise & other taxes—
,
912,5782
,
1947
,$86,557,488 $7.3,867^36.
operating revenues-
SB-lCS
0f
1948 2/
*
,
.
.
:
,•
,
-
Operating expenses (in¬
cluding maintenance)
Federal taxes.on .income
9 Months Ended Sept. 30—
-
1 •,••,',
/•. Fertod End. Nov. 30-- *
ma-^Mohtb—1947
1948—12 Mcs.—1.947
Operating
revenues—22,.,$1,142,678 $1,053,077 $13,340,402 $11,786,886
Pittston Co. (& Subs.) —Earnings—
►
"f
;"";V; comparative : income agcount
'
income'-,—,
Gross
?
to. issue or renew
first occur, short-term notes, i.e., notes having a maturity of
months*or less,, up to a maximum.,,amounj, (together with all
outstanding short-term notes) of $6,200,000, The company pro*
poses to issue s.ttch notes as funds are required in' order to continue
its construction program and to meet its other cash needs.. The com-'
pany had outstanding at Nov. 1, 1948,
short-term notes aggregating
$2,100,000) The application states that the company believes that under
•present conditions it will be .able to borrow .such.funds at an; interest
rate of net exceeding 2Ms'/o per annum,. but that it has no commltipOnt
from any bank, as. to the interest rate.
The company egtirnqtes that, it
will receive $6,750,000 from peimanent; financing by Sept. 30,
1949,
.and that the proceedS'.frora' such permanent financing will be used to
'Tepa-y '•'the'-'afebft-ierm^ 'notes/ then outstanding and' the bafanfce for
further,: expenditures on the company's construction . program and for
•;
67,075,872 206,864,605. 196,623,041
6,268,240 "23,095,998
21,071,104
73,819,478
8,895,303
Sales'
•
9 JVIos.
profit
income
7 granted company's application
Dec.
on
time to time until Sept. 30. 1949,.. of until the company shall
have received at least $4,0C0,000 from permanent financing, whichever
shall
•
The directors on Dec. 20 declared a dividend of $10.09 per share on
class A stock, which covers all accumulated dividends to and in¬
cluding Dec. 31, 1948, payable ,Dfec.; 28 to holders of record Dec. 21.—
V. 167, p. 852.
1
" ■'
GYoss
^The SEC
Jrcm
.nine
Pittsburgh Plate Glass Co. (& Subs,)—Earnings—
the
Other
detailed
a wide,
variety of daylighting needs.—V. 168, p. 2124. ^
$
(Chas.) Pfizer $ Co,, Inc. (<&
Public Service Co. of New Hampshire—Note Issuer
;
complete technical data section is ^appended ,-as well ;a$!
instructions for selecting the right pattern of glass block forA
>
'
Petroleum & Trading Corp,—$10.09 Dividend—
glass
and its usage for light direction and diffusion.
>
12 * months
.
Purity Bakeries Corp.
Gross income
$11,334,487 $12,394,364 $15,910,921 $15,675,675
Income deductions^i-w
5,434,876
7,021,463
7,327,826
8,715,369
Minority interests in in"
r
"
•
•
;
,
-1—
qome
——
1,651,442
Period
1,719,083
Consoi, »net
iiioorae-^
Operating
$4,662,992
$4,097,485
$6,931,652
$5,241,224
Oper.
stocks
on
; • 194^121947.
$13,812,395 $12,213,421 $18,311i929 $16,225',2l9
1948—9 Mos.—1947
End. Sept. 30—
revenues
9,712,863
735,000
deductions—
rev.
Federal taxes oh income
8,551,148
515,800
*
Pfd,
5%
non-cum.__
Common
1,473,420
1,473.420
450,000
450,000
600,000
202,005
269,340
269,340
790
790
790
.790
2,335,793
1,946,493
,473,420
4,282,286
week
of
ended
output
Dec.
18,
kwh., or-5.1%
168, p. 2546.
the'corresponding week of last
over
h
'
:
year.
„■
,
Pioneer Service & Engineering Co.—-Weekly Output-routput of the operating companies served by this corpora¬
for the week ended
Dec, 13, 1948, totaled 276,016,000 kwh., as
compared %ith .252,456,000 kwh. for the corresponding week last year,
increase
Electric
•
for
of
9.3%.
:
,■*
v
.■
.•
;
output of the operating companies
the
week
ended
Dec.
11,
1948.
■!
■
served by this
totaled
corpora¬
272,317,000
kwh.
as
increase of
6.9%.—V.
168,
p.
2436.
,
Pitney-Bowes, Inc.—Earnings, Etc.—
Nine Mcnths Ended
Net
Sept. 30—
income after charges and taxes.
Provision
for
preferred
dividends—
,
/
1,479,861
on
shares
stock)
998,967
$2,027,427
common
'm.;,
$1,989,846
-
:
Co..
1948
1947
*$1,020,206 t$l,02^,175
♦This
per
stock
common
common
represents
$10,606,482 for the
a
and
surplus—-
4Q,801
$936,632
$1.01
of 9V;>%
on
sales and rental income
period.
tThis represents a 10l/2% profit,
$1.99 ■!
$2.03
$2.64 '
1947
property
of
tax accruals because
those taxes.—V. 168, p. 1907.
accruing
has extensive oil and gas- concessions in the Gaspe
Canada, which it proposes to drill. Its principal property
Dome, covering over .23,040 acres, where a deep
well is scheduled to be drilled.
;
■
/.
,
/
than
The
Chemical Bank: & Trust CO.
transfer agent for the 4.70%
.
of
a,
change
in.-methodr of
:
;
.
Quebec.Power Co.—Earnings-
•
/ ■;
9 Months Ended Sept. 30—
the company
distrib¬
above
1947.
than 6,000
Taxes,
more
stockholders of the corporation received divi¬
totaling $810,000 during the year, the company announced, com¬
pared to $709,000 for 1947, an increase of $101,000, or 14%. This in¬
cluded a year-end payment of 30 cents a share (the regular 15 cents,
plus an extra 15 cents) for common stockholders, as well as a quar¬
terly payment of $29,600 to preferred stockholders—V. 168, p. 1258.
The
Pittsburgh Corning Corp.—Issues Booklet—
A
of
16-page booklet on the control of natural daylight through" the use
functional glass block fenestration has been released by this cor¬
poration.
•■.'•,
'appointed New York
?
388,429
.
365.576
*
252,276
296,620
$478,119
$479,494
$473,356
414,898
414;898
414,893
$61,220
$64,596
$58,.353
284,865
taxes
__i./'
-
•
337.500
337,500
depreciat'on-^
and profits
income
' Netprofit.
Divs.
Subs.)—Earnings-
-V.
1948
1947
'
,
for
months
9
ended
Sept.
30
_
168,
1367.
p.
'
Reading Company—Merger—
16.993,480 -13,813,149
4/-/—
other
'
$30,7li,513 $26,040,250
than income
income
2,177,903
taxes.——.
1,384,394
-and
,2,927,710
.
.4,—
income .(net)
Gross
$4,886,666
,
$4.220.«ni
income
44
J I/ $4,883; 738'
-
—V.
1,198,919
Frank
H.
Life Insurance
President
and
has been elected
Chairman
a
director
of
the
of
A new
=
three
SEC
The
to
the*, be a I'd" of
carry
General
—V/. 168,;,p; :2436. ;
company
bidding,
p.
on
Dec.
2546.
21
filed,
a
lric^Fil^''^^;3EC^-;
registratlonvstatement with,; the;
!,.
.
;
,
*
$12,000,000 first mortgage bonds, series
19.70.;•
the underwriters will be determined .through,qompefcitiye..
Proceeds will provide funds for construction, cpsts.-T-rV* 16?//
•
"•
with
ended
pet.
a
loads
Sales
up. to
two
$250,694.
share* invlike
■-
:>:
; ;-v ■.■ ■■ y.,
tons/ has been** announced: by K. D. Hilty,
Manager. He- also announced^ the. addition of "five new
hi the D-23 series with grose vehicle- weight 'ratings'of
pounds.
-
-
Thc^new'Speed1 Wagonr the. Reo Mcdel D-19X,/ further expands * the
which last year was -broadened bv the introduction, Of
.
heavy-duty, unit ^wlth/ maxUnuih*gross yeirielt 'weight
;>
V./
• ;
The D-19X; with a G. V. W,
.
$7.23
was-
f
rattog ,ol 76000 pounds.
.
484,104
$1.48
loss
of $784,528; ;or: $1.62"«
,.,
"
486,804
Sept.: 30,- 1948,* net
profit
$3,500,012
$719,544
'/.'v''
the IMod.el 31/giant
,
,
months
1947
1948
Reo .truck, line
of
■
.
Speed Wagon truck, designed for the pickup market and able
'combinations
covering
names
> • ,
1947.-
21,000-56,000
Public Service Co. of Indiana,
The
2230.
4., / Announces New. Truck—
Co., of vPhiladelpbia >
;V'r*.••/
Reichel,
p.
Ended Sept. 30—
This compares
period
—New Director—
Dr.
168,
profit after taxes^i,^w_-.__^_„4_4_-/.44J
:—.1.
Earnings per share——~
/—"4—
—;$3,18X603 / $2,997,874
American Viscose Corp.,
•
Inc.—Earnings—
Number capital shares—
168, p. 3436.
Provident Mutual
.
approved the merger of the properties of the
the Reading Co; for ownership, management,
Net
$4.N)6,7gi
1,702,103;;
Reo Motors,
For
income
10
into
operation —V.
9 Mos.
Br2,868./Dr23,803
Interest charges (net)
Net
RR.
■
—
Net operating revenue.
Other
Dec.
on
Hill
1,425,833
3,218,689
ICC
Chestnut
i;753,144
2,050,381
taxes___
depreciation
The
1,899,813
.
-
dends
(&
—_
Maintenance
•.
Pitney-Bowes payments into the Employee .Retirement Income Plan,
a
new
deferred, profit-sharing "program begun during the year and
financed entirely by the company, totaled $304,000.
Total profit-sharing payments were $668,000, an increase of $174,000,
35%
been
12 Months Ended Sept. 30—
Operating revenue
Operating expenses
checks for $241,000,
covering year-end quarterly ".dividends'' of
$121,000, plus $120,000 in earlier payments- which employees had au¬
thorized the company to withhold at 3% interest until the year's end.
or
also
for
for
Frov.
'
for
16-as
2,510,522
Provis'on
v
$3,575,904
2,112,769
*
355,758
337,500
$3,945,368
2,742,877
cumulative preferred stock, series B. / ,>
168, p. 2436.V
v 1 '*
Potomac Electric Power Co.
for
Dec.
$4,229,789
revenue '
Operation, taxes and
Surplus
Provision
on
has
1946
"1947
1948
._i.
other expenses
TFi.xedv;eharges.'1'^___T.lr_—1—
Paying: Agents // \
offering of both securities in V.
Provision
on Dec. 16.
The "dividends" were equivalent to nearly^ four
base pay above regular earnings for employees with three or
more
years' service, and proportionately less for those with shorter
.service.
v
*
...
.
Power-Joncas
'
.The Chemical Bank & Trust Co., New York; <N. Yhas- been ' ap¬
pointed trustee, paying agent and registrar for the; new ussue,of $5,500,000 first mortgage and collateral trust bonds, -3(4 %. series due 1977,
nounced
yearly totals were reported
company
the
Gross
weeks'
The
(par $1 Canadian funds) of the
is being made bVHiFcox, Van Meter
Underwriters, at $1 .per share, j
shares
2,000.000
of
December,
of
2,300 employees of this corporation received cash wageand-salary "dividends" totaling $364,000 during 1948, the company an¬
uted
and
In addition, company has an undivided 10% interest in a structure
.$5.23,295
/ known as. the Bald Mountain Anticline, covering 54.000 acres, and a
1947 and 1946, respectively,, represent income
well is presently being drilled on this structure, Jtnown as Imperialin excess of $2,600,000 for the calendar years 1947 andJ-1946:-whichGaspe No. 1 Well. The company also owns by option a 10% particlpatwere
transferred to a : reserve for possible ra,dditional^Pederal. ineome*:-'•*
ingl interest .in the development .of the Mississippi Anticline covering
taxes and other, contingencies.
The Public ..Utilities'«Commissioner s of'
over 29,000
acres. All ±hree properties are located within
50 miles of
Oregon has assumed jurisdiction over that reserve; ////;/':
'<)■?■::■* the deep sea Gaspe Harbor.—V. 168, p. 650.
NOTE—Income for the
periods prior to Jan. 1, 1948 has-been-:
restated to give retroactive effect to an adjustment made in Dec.,
in
$1,08
profit
Employees Receive Wage-and-Salary DividendsMore
$2.96
•
charges
$988,374
share
same
$3.41
of Philadelphia, principal
*The reservations of income in the amounts of $247,630
recorded
See
Balance for
Earnings
!
$0.86
•
depreciation,N Federal taxes, all other
interest.—V. 168, p. 1367/ • *
stock of thin enmpanv
Inc.,
The
is
"'t;.' ■:
$2.23,
'
r
83,574
—
Oct. 4*47
$2,390,544
805.045
805.045 *.
Peninsula,
-:j"--•
of
offering
Art
capital
$2,235,763"
82,637,581
.
/"
1,757,090 '
523,295
1,933,769
247,630
Potomac Edison Co.—Trustee and
*
Oct. 2,'48
195,274
•
$4,818,980-.$4,516,143
'Reservations of income
v
/
.
$686,604
V 805.045
for. minority
$4320,874
compared with 254,724,000 kwh. for the corresponding week last year,
and
..—40 Weeks Ended—
$2,746,312
Oct, 4,'47
*
Quebec Oil Development, Ltd.—Stock Offered—
deductions
Income
Net inc. to earned surp.
'Earns, per share (based
Electric
tion
-142,054
$3,288,527
1,298,681
r
income
;
tion
an
142,756
$3,507,288
(net)
income
Gross
,854,856
for this company arid its subsidiaries for the
1948 amounted to 159,891,000 kwh., an increase
7,710,000
—V.
Other
805,045
$1.06"
share-
com.
♦After, interest,:
600,000
202,005
-
f
1803.
electric
'1
$353,797
putstandihg-;
shs,
Earns., per
•
991,*300^..? 642,501'
$4,59017'40"
228,240
$3,146,473
$3,364,532
Utility oper. incomes-
1,473.420
Philadelphia Electric Co.—Weekly OutputThe
Com,
deduction
!
stock
—V. 168, p.
»
•
Oct. 2,'48
income
""Nit
11,261,844
12,729,882
;
of
Philadelphia Co.
; —cash-:'. '
■•••■
6^
cum,
pfd.——
$6 cum. preference—
<5 cum, preference—j._
;
-
(&*Subs.)-
—12 Weeks Ended—
period—• ■' '
'
Dividends
-V /
?
,
1,236,619 ; V 1,275,416
.
Portland General Electric Co,—Earnings^-
at Reo
.
,
,
rating of 8,000 pounds, is now available
dealers throughout the coujntry.—V.
168,. p., 2230.
Volume 168*! Number 4763
Republic Pictures Corp.
THE
Subs.)- -Earnings—
(&
30 Weeks Ended—
i
Profit
before
'
/capitalization
„
•
COMMERCIAL
Net
.
taxes..—A—;
income
,!
$102,578
40,000
__
taxes .-aA--_a_—
profit.
Common
A_a«—
,per
share—.*:
common
■'■Disregarding
$62,578
6'//..cumulative
$889;319
pfd.
stock
class
A
dividend
arrears
«r
Nil
/
V.
stock.
vately—Kidder, Peabody & Co.
the
to
corporation
ratio'of
at
Period End. Sept. 30—
*'
-
before dcpr. and ' 7*'
'
'tax/s< Jl/—^—_—J
$316,959
Depreciation
a^—23,175
Inc.
25
23,175
/franchise taxes
—AJ
-
'
•
" 120,000-
■>
"
/
09,000
•-
of
and
by
432,000
>
"I * ■ *,
514,000
,
class
no
value
par
will
be
Net
profit
Com.
$173,784
per
'•V Shipments
those
year
during
the .third
of
months
a
sh._-_—
com.
of
1948
the
third
for
to
cash
and
•'
-
government
liabilities
while
1947,
,
the
of
sale
of
to
by
in
the
$1,097,837.
of
:
"/During the third
share
and
a
and
'
Bankers
and
Trust
Co.,
York has been
New
163,
Rochester Gas
Operating
revenues
€80,351
2,269 647
735,452
345,596
Gross- 'income
Interest
debt
and
Prov a for .losses
the
value
expenses
stated
are
Dcf'd
portion ;of.
dur. .per*,of
.
f
Ne.t
the
on
1948
company's
and
<F. C.)
Profit before
Federal
•*' f Net
devel.- of
a
income
2329.
p.
loan
per
dends.—v.
shares,
common
467,977
on
168, p. 488.
A
y; \,
*
SEPT.
30
72,425
A
for
—V.
stock
"
y
,
"'"•
NOT
Cther
-STATED/
"$2,694,649
share
—V.
the
for
$3,266,649
1,213,081
$2,053,568
-
9
168,
■
•.-
2438.
p.
w.
Oper.
deprec.
and
$2,170,978
$2,053,568
249,798
168,437
/
taxes
19471
$1,436,589 '
'1946
i
•-
$1,205,034
$1,361,195-
742,273
190,243
■
for
30_
877,830
792,398
and
$2.05
excess
taxes
during Jthe
"
before
Balance
and
deductions
'
•'82,280
deductions, (net>A__Special write-off of series "A" bond
premium
and
expense—
Dividends
—_
preferred
on
102,462
■>
121,068
.••>
$342,575
35,626
$1.13
of
30
Schrader
Ind,,
&
A- Three
r
$341,228 :-
Income
$305,602
$306,949
—V;
In
addlt
/
cumulative
Oct. -I,
'
■
directors,
affiliates
its
to
Austin, Inc., South Bend,
a 6% cumulative preferred;
'•
'
//•'*
shares/of preferred. stock
officers,
and
Entitled
from
500
on
to
cjompany
company
South Bend, Ind.—Preferred
&
offering 500 shares of
are
stock at"par ($100).
•
Co.,
at
share
per
at
the
and
offered
by
employees
plus
rate
of
the
the
i948
1947
$4,343,900
$4,581,494
receivable—-
45,307,895
33,204,041
acquired for resale-
55,151
contracts
stock
Co
(wholly-owned)
10%
of
stock
of
dividend
net
is
profits
provided
after
for
Federal
periodic
HISTORY
Ind'ana.
in
AND
retail
income
redemption
Indiana
BUSINESS—Company
and
It
6%
taxes
per
and
preferred
is
one
of
the
companies,
in
their
line
incorporated in 1925 at Kokomo,
oldest "and
of
business,
Ind.,
as
an
corporation.
The purpose of the company was to- sell tire$,»
auto parts and accessories, radios, sporting goods,'household
appliances, paint and related merchandise at wholesael and retail. ' "
batteries,
The
k
comoany
Hartford
City,
presently
Mar on.
1947—V.
operating retail stores in
Muncie; and both retail stores
South
and
all
A____
-
541,240
—
are
now
total
of
14
operating.
separate
depletion.
$94,831
1,220,467
$0,078
tNet
income
1404.,
168,
1948
Sept.- 30—
1
_____a1^^.——
1947
.
$1,778,555
$1,352,650
595,908
248.295
85,563
per
1_
.-
l._—
^
$1,182,647
—
share..
common
1
$1,018,792
$3.58
$2.55
f,
/
:
-■
retail
and
wholesale
outlets
Sept.
'*; 3 Mos. End. ^ov."31—
salesiaa/
1948
$18,313,131
Net profit after taxes
/■A "Loss.
168,
tBased
p.
on
1259.
/
1,100,000
4,660,800
1,737,774
1,022,443
40,260
$•458,532
$559,346
$314,924
$83,397
deprecia-*
22,228
20,417
16,379
20,993
$480,760
inebme
$579,764
$331,303
$84,390
99,409
and
Surtax
profits
excess
profits
for
Net
5,000.000
Dfv.
53,091
37,710
143,555
-
201,596
115,476
tax_
"A*—
taxes—
income
decld.
pr.
881,030
792,398
4.282,352
652
'
.
'
$226,031
1947
stk.
$241,495
$0.70
$163,158
161,283
161,283
$0.75
$0.50
161,282
share
com.
com.
Net
and
income
includes
in
$648
.
1945
in
$2,758
representing
1943,
$33,318
161,283
$0.10
$13,443
net income of
In
1947,
English
the
1,381,907-
of
the
Canadian
Sales
subsidiary
include
company.
service
part .of the costs
administrative expense.
and
CONSOLIDATED
of
British
bonds,
war
for
reserve
is
SHEET,
accounts
accounts
of
typewriters
in
SEPT.
and
and
selling,
30,
notes
$167,3751,
$106,963;
reserve),
of
included
other
general
1948
hand, $842,128; Dominion of Canada
on
$107,088;
doubtful
(less
rentals
which
BALANCE
•ASSETS—Cash in banks and
and
and
sales
equipment,
receivable—trade
$3,937,843;
Inventories
accounts
lower
(at
of
cost
or
market), $7,043,981; accounts receivable—officers and employees,
$11,911; accounts receivable—other (less'reserve), $4,562; real estate
contracts
receivable, $7,468; investment in real'estate (less deprecia¬
tion), $19,066; sundry investments, $4,102; plant and equipment (after
reserve
for depreciation of $4,559,564),
$5,257,826; patents subject to
amortization, $4,980; prepaid expenses and deferred charges, $214,172;
goodwill, trademarks and formulae, $947,965; total, $18,510,055.
1946
•LIABILITIES—Notes
payable to banks (current), $1,000,000; trade
accounts
payable, $773,109;
dividends
payable,
$162,165;
payable; maturing July :15, 1949, $300,000;. United States income
taxes payable) $332,110; United States income taxes
accrued, $672,105a^
foreign income taxes payable and accrued, $88,165; other taxes and
other
notes
1947
1946
1945
$6,715,531
$2,283,604
$830,777 "• "$45,953
.
expenses
"$353,507
Nil
$0.76
capital
stock
Interest
payable and
Nil
to
liability,
3'/4%
1957,
accrued, $1,128,900;
$301,956;
(payments
inclusive!,
of
notes
$2,400,000;
book
coupon
payable
$300,000
inspection
and
maturing
due .annually
July
15,
Julv
on
15,
1957,
1950
insurance, $50,798; reserve
for employee retirement
fund, $320,000; reserve for unrealized losses on
foreign exchange, $68,541; common stocks, no par (issued and out¬
outstanding..—
reserve
for
.
Month's Epded Sept. 30—
Gross
revenue
_JAA„1.-AA—
9
Water
14,225
60,000
subsidiary company; and $18,790 in 1948, $15,917 in 1947, $11,646 in
1946, representing net profit and $503 in 1945 representing net loss
3,570,410
<■
••:,;■
maint.
43.246
Cr 733
•
standing 322,613 shares—less
oper. "and
23,580
;11,765
yrs.
—
on
per
$3,702 in 1946
surplus,
Shawinigan Water & Power Co.—Earnings—
Gen.,
31,072
Cr23,8J8
A-
ex¬
contingencies-
Earnings
-
of
$2,863,873
2,401,571
expenses
for
'NOTES—(1)
$13,944,629
shares
1945
$4,116,658
3,640,739
48,674
cess
$9,553,680 $18,244,112 $13,879,281
$0.92
(& Subs.) —
1946
1947
$5,938,850
1,351,489
contract
/.fEarns.. pe^-SharC—A/_'
1°48
3,826,280
Adjust, of taxes
9,225,000
' $1,018,837
$0.97
72,886
Prov.
$23,104,281
..
1—aa
Nil
30—
sales
Foreign income and
729,270
7,040,000-12,815,000
'
$0.45
$1.29
1927.
1,665,879
244,690
$16,593,680 $31,059,112
>
$$60,541
88,892
Fed.
5,500,000
1,739,047
*
$266,979
1,849,688
(after
taxes___
1945
$480,251
194,480
143,854
5,750,000
1948
charges——
dper.
1946
$6,223,392
Fed.'normal
342,371
1,835,845
K
1947
Other deductions
1048.
p.
167, p.
End.
and
Total
1,166,706
436,186
shares.
common
amortization
680,114
455,812
.
496,590
$639,992
Net
$51,749,943 $39,522,232
-
tOn
charges /
600,446
1,570,017
pi'oflty/AAAAAA'A--A-----J-.^
1948
.
:
-
$20,314,865
1947
'
$533,250;
$5,843,965;
NOTE—The
1946
liabilities
$18,085,633 $16,726,345
of
rentals
5,736,330
5,041,770
4,624,544
(translated
3,223,281
expenses-
—
earned
44 shares
surplus
in treasury), $4,484,991;
(accumulated
since
May
31,
capital
1934),
total,. $18,510,055.
2,635,587
2,722,625
net
567,717
518,879
480,734
the
963,033
of
Fixed
charges,
Exchange"'--—--.—
2,101,448
2,812
2,137,811
39,515
2,437,500
2,362,500
2,250;000
1,645,479
1,549,977
1,345,621
English
includes
subsidiary
rate)
of
and
(translated
$564,634
in
and
current
the
net amount of $214,399
Canadian subsidiary in the
the
at
assets
current
Assets
par).
of
the
foreign
2,177,072
2,812
Provision
statement
official
of
subsidiaries,
960,233
above
at
amount
1,197,967
Taxes
Prov.
__a__A'a—
for
for
'depreciation-,
inc. " and
profits
taxes
Net
profit
i__ija_'_—
Surplus
—V.
stock
dividend—
dividends
$2,876,062
600,000
a
1,960,425
$841,905
1590.
$715,637
•
$2,123,195
current
profit
after
shares
per
in settlement
years
company
1941 and
the
amount
(& Subs.)—Earnings—
outstanding
its
in
1948—10 Mos.—1947
Fed.
common
of
included
are
1948—Month—1947
$602,200
Common
v
assets,
p.-255.
taxes
Earnings
' 1,633,687
$489,508
than
Soundview Pulp Co.
200,000
1,960,425
168,
Period End. Oct. 31—
NOTE—The
/i
168, p.
$3,402,330
other
$21,712—V.
Net
Common, stock
A
but before
'
profit from opers.
Other
income A—
405,684
'
431,678
168,
excess-prdfits
Preferred
there.
tSO.lll
depreciation
for- period
ministrative
Bend,
separate
stores
at
Elwood, Kokomo, Logansport, and Warsaw. * At
City a retail store is operated, with a wholesale department
it, and'also a separata retail .farm implement and service store
located
$0,068
50,453
542,345
of- capital -stocks
Mos/End/Oct. 31—
and
wholesa.e
within
and
:
after
of
tion
reserves
Columbia
is
1.220,467
Selling, general and ad¬
annum
of." preferred stock/
wholesale
was
t$134,777
1,220,467'
charges and Federal taxes,
Provision
40,970
ihc.>:(unearned int.', finance chgs,, etc.)
Power; purchased
largest
1948—12 Mos.—1947
$32,964
1,220,467
sales
Cost
486,764
,
_„y—
168/f5/;2013:
'-Gross
Dividends
1948.
Co.—Earnings-
1948—3 Mos.—1947
dividends
Mos.
Net
Seeger Refrigerator Co.—Earnings
v.
dividend.
of
payable " semi-annually,
June t -and
Dec. 1.; Company acts as registrar,, transfer
agent and fiscal agent.
Callable after June 1, 1950 at $104 per share
plus dividend.
A sinking,:
fund
//
./
being
are
shareholders
$100
dividends
$1.90
dividends
inc.
and
Offered—Harrison
$429,931
$2.07
—
,
$0,001
taxes
tLoss.—V.
3
/) ( Joseph E.) Seagram & Sons, Inc. (& Subs.)—Earnings
/
(H. J.)
210,000
$470,009
ended
.fortlosses of $1,120,429 in 1948 and $901,055 in 1947.
tAftej. reserves/for depreciation and amortization of
$172,239 in 1948
'and'$129,072-iin, 1947.' tGver equity in net assets thereof as shown by
-Net
Stock
112,785
$639,931
210,000
(L. CJ Smith & Corona Typewriters, Ine.
SEPT.
deposits
Insurance
•
,
$47,855.
year
'35,626 •'
35,62€"
$333,678
stk.
176,126
$680,009
.
outstdg.
receivable—other
C'108,050 "
,
_LAAAA':
:
$369,30511
stock
Balance available for. commop
—V. 168, p. 2541
-,
10,641
$46,932
requirements—!.
Fed* taxes a.
Earns, per com. share
$570,346
$445,037
99,906
income.—--■_a_A—j_-ac;_A-__a
19,732
$60,628
,
&
/ LIABILITIES--;v
I •'
; Notes payable — Unsecured
(having
maturity
'
terms..^of! mot-more than. nine months
$29,995,000 $20,600,000
.Profit-after
Net
3,910
$752,716
1948
books/of/-subsidiaries [at- dates of acquisition—Unamortized portion.
^Including Federal Vincome taxes-amounting to $1,435,000 in 1948 and
5.921
10,046
$469,211
other
7,901
$856,136
$1,526
profit
Net
-
BALANCE SHEET,
'■■■':
demand
and
$2.01
profits
"eliminated
were
-,v
common
Balboa
$l,032,710/in
■
Int.
1,023
$57,374
EARNINGS FOR THE QUARTER ENDED SEPT. 30
779,544
Federal
of. co"st.<oL,
acquisition
/A"After
$564,425
$434,991'
4,215
/;-".
1,452
-
Months -Ended
,(2)
'
Non-operating; income
$748,806
'
.
558,330
183,731
$464,995"
4a--A
$848,235
taxes, and depreciation but before depletion.—V.
"After
630,960
par value):
$2.60-convertible,^stated value $50 a share_^._
Common .stocky par value $1 a share)——
; fCapital ./surplus • 1'ilLliiy
——a—
Earned .'surplus ••'Alll—
•
'
Balance
-
all
tEarnings
$51,749,943 $39,522,232
lncome.Ai^A—'A
on
'
*■ ••.
781,342
Federal
291,866
$56,551
share—
$1,002,607
105.225
983,584
'
•
,
,
309,113
$80,361
^
shares
Surplus
18.257
1,305,754
o^ceivables
Deferred
income1 bond/
$1)000
',1948
yevenues*.a_I'aay„--a
exps.
2,382,430
21,300
——
Common
$1,020,864
1.676
—
g
Works—Earnings—
12 Months Ended Oct. 31—
Operating
for each
•.'.
■
$3,423,151
2,686.677
28,300
$78,908
2231.
p.
Preferred
yPreferrecl;stock-(.no
f
■,
y San Jose Water
present -security holders $25
:
:
'
•
$3,844,025
230,548
(net)
dividend
per
"Net
"667,067
$2,172,654
-
Dealers', [reserve-yi,w,AlAj.Other ..-'durtent 'liabilities—
4%. sub. holes, due,Dec. 15, 1951—1—
Sl.ieijOVs of Alabama, Tennessee
$650
$308,398
226,319
End. Sept. 30—
after all
$1,687,931
/
A
of subsidiary, companies^/Deferred charges
The Frisco said that in moving to obtain
and
1948—12 Mos.—1947
$333,527
taxes—
income
"After
955,496
Total
Will- offer
stock
Co.—Earnings—
1948—Month—1947
income—
loss
Loss
$1,687)931
.$3,128,150
divi¬
•.
.
in
tExcess
$0.99
preferred
after
line
common
stock which have
common
433,501
/Property''andfequipmeny^—__a__
$48L543
bonds,
it
income
168,
"Net
87,648
•'
Cr34,596
\
,hand
on
3.200 shares
$1.86
outstanding
approximately
and
smaller
Power
Silver King Coalition Mines
"
the
par
Fed..
income
on
interests
ASSETS—
.
of
a
168, p.' 2438.
applic. to com. stk. and surp
Earnings per common share (226,584 shares)
364,570
-
77,298
Crll5,672
The ICC has aut^rized the road- to acquire ?control of the Alabaipa,:
'[Taxes payable and accrued-—
& Northern RR. Tne acquisition will give the Frisco System
/Dividends payable A—1
v;
first, direct,entry into-Mobile, Ala.
The transaction involves the
Norlhern
and
Petroleum
1259.
p.
1, last, had approved the list¬
of $1
See V.
Income
oper.
Capital
its
control
income
Period
Tennessee
&
President
Asiatic
168,
Bal.
800,122
share__
provision
minority
,
St. Louis-San Francisco Ry.—Acquisition—
purchase by Frisco of
Dec.
on
shares
deductions-
Preferred
1,030,020
—
.."-•
is
and
1946
;
-
(Inc.)
Corp.—V.
Sloss-Sheffield Steel & Iron Co.—Earnings—
•.•^•.'«^l^.-AvCONSOLIDATED
/Invest,
$884,652
$1.79
-
Exchange
Bliss Co,
Income, .deductions
ENDED
$3,266,649
/•Sept..;:30,:l94'7.'-y:-;y.
to
1946
"A
.
1,364,270} : 'NOT
522,000j STATED
shares
common
Other
"
offices
paid_„
common
,
All-ot 'th«
"Instalment 'notes
1947
^profit' $842,270
"Based
22,918
*
incurred
outstanding Sept.
per
"Including
i
'>•/-,
'
taxes-
Curb
W.
revenues
rev.
UtUit
over
-income»_4»-
dividends
Earnings
$2,764,312
amounted
stock
168,
"1948
taxes_;iAA_A_fA'_'J'-A
Incoihe
"Earnings
r
Federal
64 284
•
432,402
deductions
Common
Russell Co.—Earnings—
"1
Federal
-
$2,690,378
credits of
preferred
1947 periods.—V.
'',/■
19,128
acquis,
cos.
net^def.
Co.
Oil
62,653
498,583
_
of
Jncorpe.-before-prov.
-Cash
6 Months Ended-Oct. 31—
Oper.
608,289
expense
receivables (less
A Net income carried to earn. surp.
Preierred> dividends .paidAA^-^A^-A^
selling expenses,-in connection with the company's gas operations.
.-NOTE—Dividends
23,018
'
•
Operating
760,167'
expenses.*-
and vCanadia-n .taxes
.
respectively,"in the 1948 and 1947 periods,'representing
produced for sale, less cost of handling and
$480,000 in both the
19,396
1947
.
1,316,861
$2,817,716
deducting
after
to E.
Period End. Oct. 31-
,071*134
-
residuals
of
York
the 62,500 additional
sold
Sierra Pacific
'
16,568
•
,$7,260,694
3,114,932
equity in net assets thereof, etc...
.Cdmmon shs.
and $2,263,128,
YEARS
1948
discount
on
He
company.
Union
After Taxes
$8,775,695
3,762,106
a-i—a'_
Operating-gen* admin,
$4,007,239
1,197,183
.
'"Operating
,
.—a—"
income
Net
of Shell
„
a$4,014,899
1-/———.
director
a
England, has been elected, effective
Petroleum
Sheller Manufacturing Corp.—Add'l Stock Listed—
ing of
,
•
deductions
FOR
,
Operating:income
.
>
C«nuuean
stock
Net
ACCOUNT
Prnv'.yfor, Fed.Arand Candian taxes
-_1 > ' 2,674,329 A .2.374,653 '.
Vv-priyipcome. (estimated) 2—_______
Prov. for deprec. of property, plant and equip.
2,376,726
'2,360,707
ProvKJ jn-for. Fe^'°r-,1 income taxes-^-AA—
ii': 1,032,000
1,130,600 ! ; "A-NetV
income before deduct, portion
Provision Vfor other taxeS—a———_A___Ai—3,465,045'.
3,317,788
•A--..applic. to minority .interests
i Bprtjon - of. net income applic. to
$4,004,180 ' $3,989,949
Operating income,
J—a_a.
.'*' .minoritywinterests in subs, consol.
Other inebme
'■'
10,719
' 17,230"
Income
Corp. and
Seaboard Finance Co.—Annual
Report—
'::Net .operating
.
oneli
o*
*
('
.
_
Wilkinson, C. M. G., London,
1, 1949, a director of this
director
-
1589.
p.
CONSOLIDATED' INCOME
-
13,170',422/ 11,110,835
resale—+12-746,871"'/ 583,380
ior
-
H/
contracts
32,804
983,371
168,
$3,484,039
2547.
Net Profit
102.260
1947
$27,469,572 $24,867,962
——a
purchased
Maintenance'-A-----------gas
.
par)
100,858
(6 Mos.'l
share-
com.
p.
Gross
(other than shown h§low)
"Operating •'expenses
Electritoit? and
$1.91
168,
Jan.
preferred
(no
27,215
2 119.208
1948
*
of
'35,148
.
income
30—
%
$28,523
240,685
"V'-:'
J Electric Corp.—Earnings—
&
has
Before Ta"xes
11946.
1
Vl2 Months Ended Sept.
$2,563,489
1,345,570
$3.69
per
The New
: 43,121
paying agent >-
'
1,345,570
$1.47
sold
carry
951.824
:
820
p.
to
640,627
r
registrar for the issue.—V.
$4,961,699
1,345,570
$3.02
—V.
FOR CALENDAR YEARS
EARNINGS
$3,000,000 v ../• .recoveries K/v-I—A--A
Amortiz.-of excess of cost
Proceeds
of cap." stocks
of; subs.
•
named trustee,
$1,975,247
1,345,570
'
1945:
1
j
be
27.408
Privately—
The company has placed privately an issue of
3% sinking fund debentures, due Feb. 1,.1966.
$4,061,789
Earns,
one
issuance
$24,283
"
will be used for working capital.
Net profit
Com. shs. outstanding—
a
-
225,643
*
These
dividends
were
paid Oct.
1,
1948.
A preferred dividend, o;v
per share and a common stock dividend of $.50 per share Were
paid on: April I and July 1, 1948.—V. 168, p. 1368.
-VV %
V;
Placed
85,000
835,600
otner *-
quarter of 1943 a preferred dividend
$1.25 per
stock dividend of $.50 per share were declared.
Inc.—Debentures
and
239.641
•-
common
Theatres,
common
580,100
•/
$1.25
RKO
15,000
1,901,009
$6,877,708
indirectly
$249,929
'•
including
•; ■■"/Not-.a.vailable.-^V.
Current'/
30, '1948
Sept.
on
amount
for
will
issue
-645,490
1948
Sept.- f?0.y //MS Including provision for Federal
taxes; amounted, to $1,370,457, a ratio of 4.36 to 1. - -
B
'
$706,205
19421
-1943.
;• •',/
on
B
their
the
capital
loans.
Gross Profit
*
period
the. same
••
$5,979,202
securities
of
at
considera-
or
Commisison.
class
working
by. bank
AND
Securities
raised
class
"1947.
were
1.33^.'..greater than those
/'■Current, assets amounted
■
1948
No
directly
when
$9,375,
be
additional
l£44.
0.89% less
shipments for the first nine
of
stock,
stock.
stock
common
Indiana
$100,000
"194-1.
$3.50
stock
Net Profit
149,000 /
#4.-15 C
149,000
.
$0.65:.
quarter
quarter of
were
'
ago.,
149,ooq v'
$1.00
45,000
673,416
been
$596,2j*9,
$122,460
"
Shs.'"oUtstdg'.A—.149,000
$2,693,663
l,5bu,o2l
contingencies-
income
Shell Transport & Trading Co., Ltd.—New Director—
value
"
Earns,
value
par
common
given
or
Net Sales
'
no
•■
an
surrendered by the holders
A
■■«
1948—12 Mos,—1947
^..es___
for
Feaerai
of
out
1948—9 Mos.—1947
charges
15
$5,651,110
Prov.
stock,
common
common
paid
alter
*
t
value
par
aggregating
the
financed
,
SALES
V.
•
used-
being
now
no
par
the* prdceeds
be
to
are
Y-
no
share
per
authorized
6-7,400.
■
'
cents
stock
'
! $1,2.74.390
$1,097,824
69,525
$244,635
State "
and
' '
'
37,500 shs.
Period End. Aug. 31—
Profit
such; exchanges.
PURPOSE—The
1948—9 Mos.—1947,,, A
1948—3 Mos.—1947
Profit
1,000 shs.
37,500 shs.
for
A
remuneration
for, soliciting
-,
been
r! fitter Co.,'Inc.-^Earnings—
outstanding
other
t37,500. shares
1, 1963.
class
Shamrock Oil & Gas Corp.—Earnings—
■
1,000 shs.
-
exchange
of
(26911
Outstanding
—T
B:
in
shares
15
df 'the
oi*
t'on
16 announced ''
Dee.
on
the sale privately of $400,000 3V2% note, due Dee.
financing
present
$100)
(par
.are 2,085 shares
(no par)
2,500 shares, which are to be
authorized
949.
p.
-share
Fed.
to
Outstanding
-$0.32
- A
168,
stock
stock, class
;
,1,817,860
1,817,860
/■/.
a—•
preferred
on
Common
587,738
(M.) Rich & Bros. Co.; Atlanta, Ga.—Note Placed Pri¬
.
effect
CHRONICLE'
Authorized
$1,477,057
-•
———-A—-----
shares: outstandhig—/A—_a_u—.a:
"Earnings
giving
July 24,'48 July 26/47
Common
Federal
FINANCIAL
&
$4,969,405
^
—
$5,273,495
976,500
976,500
$5.09
$633,258
$5.35
•
share—
received
claim
1940.—V.
for
in October,
relief
166, p. 59.
from
refund of $530,623)
profits taxes for th»
1947 a
excess
Itt
(2692)
THE
South Porto Rico Sugar Co.—Annual Report—Carl S.
Nadler, President,
Electric
In
&
the
of
sale
assets
Russell
of
Co.
<fc
totaled
It
has
that
taxes
ernment
be
may
due
by Russell Ai
A
the
to
Operating
on
Dec.
Rico
Porto
1248.]
15,
tion- of > balances
make
Sugar
Because
due
and
predictions
any
distribution.
date" !(March
datee funds
South
15,
Sept.
by
the
in
entered
Puerto
the
Rico
Russell
with
&
& Co.
the
will
made
15
of
$4,081,766
rev._
«,•
...
Net oper.
Net
after
—V.
shortly be ended
it
of -record
on
next
Russell
&
the quarterly
following the
income—_
—V.
$227,324
$5,225,457
145,070
4,349,094
its
in
the
Puero
that
Ry.—Estimated
selling,
income
Total
from
be
-
Court
Puerto Rico
decree.
covering
basis
and
$
i
.
:
.
filed
of
Provision
for
($1
is
registration
a
not
of
stock
10
shares
(cost
Series
and
"G,"
in
1,241,251
due
receivable
(less
and
LIABILITIES—Accounts
for
reserves
tural
costs
future
taxes,
to
'
400,000
$11.99
—V.
4,474,404
$7.49
first
SEPT.
30,
1948
the
of
$5
par
stock
from
each,
no
and
operations,
$1,062,966;
other
assets,
■
accrued
items,
for
reserves
$1,000,000;
not expended
$1,520,454;
esti¬
Tlie
$108,000;
estimated agricul¬
for
harvested in
be
to
on%cane
a
52,000
shares of
issuance
of
no
par
eight
168, p.
increase
an
value
in
authorized
1,000,000
to
shares
new
the
in
A,* ;,
2548.
shares,
exchange
:
Southern
for
724
California Edison
directors
tures
Dec.
on
17
approved
Harold
Hess
1949—approximately
for
1948
and
the
Major
items
distribution
in
demand
included
plants,
the
in
lines
and
1949
Holland
Machine
service
additions
and
were
also
national
organization
are
and
completion
of
from
necessary
both old and
Edward
first
improvements
the
Edison
to
in
Southern Co.
Also
2548.
including
V
$
Gross
revenue
9,972,272
Operating expenses—
Prov.
for
Amort.
of
tion
plan
Gross
long-term
on
of
prem.
Other
Divs.
-V.
pfd.
1,461,763
18,631,784
21,862,449
640,241
587,753
6,388,649
7,622,867
5,040
5,224
Cr55,866
8,126
Cr48,464
Cr44,391
341,223
:
stk.
Taxes
(inch
341,223
3,412,229
4,094,675
43,784
53,982
568,744
529,886
8,923,155
tion
1948—Month—1947
$708,410
Int.
$740,872
$9,545,298
$8,813,854
371,061
4,717,836
and
debt
63,320
787,850
income
Gross
Divs.
7,200
131,948
137,974
86,400
845,577
86,400
792,428
11,052,353
$161,623
$161,316
$2,055,282
$1,982,782
21,038
258,950
252,450
148
1,850
1,773
Cr4,673
2,024
Cr9,849
15,740
$142,574
34,358
debt-
$138,108
$1,804,331
$1,712,819
34,358
412,296
412,296
$108,216
$103;750
$1,392,035
$1,300,523
23,538
by
Dec.
15
—
.
■
pfd. stock'
168, p. 2163.
;
!
.
ah
extra
dividend
of
record
Feb.
25,. 1949.
of
cents
50
Jan. 28,
1949,
share, payable
A similar extra
-;;.L
total of $1.50 per share
a
1949.—V.
168, p.
2548.
declared a stock dividend on the common
at the rate of one additional share of said stock
held, to be payable Dec. 30 to holders of record
recently
■
•■
Securities
on
ruled that the
14
common
of
>
■■:.•'•
;■
■
Committee
the
Curb
York
New
Exchange
on
stock be not quoted "ex" said dividend
168, p. 2548.
-v.
years.
dividends
the
on
will
Period End. Sept. 30—
1948—3 Mos.—1947
$5,782,865
Earnings
Other
(& Subs.)—Earnings—
Sterling Drug, Inc.
be
before taxes—
taxes (est.)
Income
and
;
ending Feb. 28,
year
until further notice.—V,
Street
Co.]
Net
profit
Preferred
■
7,100,000
!
7,009,213
$3,230,455 $11,017,438
$10,313,693
2,300,000
2,227,017
$3,482,865
—
dividend
^
1948—9 Mos.—1947
$5,457,472 $18,117,438 $17,322,906
107,100
109,376
323,052
328,127
$3,375,765
$3,121,079
$10,694,386
$9,985,566
$0.89
34,231,335
$0.83
$2.83
$2.65
32,001,100 103,138,131
98,448,582
__
1948—12 Mos.—*1947
Earnings available for
...
,
'
'
4,933,600
4,324,297
6,516,712
5,565,594
7,688,434
3,611,989
.10,351,942"
stock
common
—
Earnings per share
Sales
—V.
—
—
168, p. 1487.
10,069,183
"
'
•
'
•
.
-
,
;■
.
3.213,475
4,748,075
'
682,728
....
to
on
$13,396,352 $14,735,844 $18,680,008
6,286,693
$18,934,294
8,465,068 ;, 9,786,361
7,839,052
Dec.
4,821,860
4,709,928
un¬
90,551
143,312
Cr20,250
$3,293,934
$5,413,330
1,929,443
1,756,085
2,555,712
$5,223,377
$7,169,415
$6,888,421
John
he
on
hearing
amended arrangement
postponed to Feb. 1.
was
approved
asked
the hearing
that
plan to give'creditors
cents
for
an
Raichle
decided whether to obtain the loan.
a
has
$400,000
a
Raichle, Jr., counsel for the company, made the announce¬
successfully requested Judge Knight to defer a scheduled
G.
as
hearing
dollar
the
to
notes, or 100%
$4,332,709
1,216,372
Corporation
which has been in receivership since
Knight, Buffalo, N. Y., was informed
Engine Co.,
Judge
cash;
postponed until
creditors.
of
The
stockholders
The loan would be used to finance
the choice of
in
payment
be
25%
settling
in
in preferred stock.—V.
claims on
cash
168,
and
the basis of
15%
in
five-year
2163.
p.
105,296
$3,527,520
Sterling
Federal
Finance
22.
Frank
30
3,491,588 "'.3,459,546
the
February,
3,963,666
stocks
Reconstruction
The
loan
743,780
■*
3,882,750
4,718,993
.
511,795
Co.—RFC Approves $400,000 Loan—
Sterling Engine
5,066,386
net income
of
Standard
Elec.
&
and
taxes
$4,743,892
Income
of
& ,Elec-
trie Co.
.
~i—__
ard
chgs.
Gas
of. StandElec.
&
net
578,495
■■
v.;
Co._
income—_
^;
■
-
703,840n
-
V.
•
777,700
424,877'
'
,.
.
\.
635,585
cumulative
Gas
&
$3,883,952
shown
preferred
of
of
Standard
those
Gas
above,
figures
&
$5,089,657!
$12.40
Gas
&
Electric
companies have not been
Electric
and for
Co.
and
comparative
its
$10.87
$3.47
Co.
and,
purposes
the
accordingly,
the
with
1948
those
of
&
1947,
periods
have been eliminated
from
for
the 1947.periods.; Dividends received from those com¬
the periods are included in "Other Income of Standard
Electric Co.":
tNet of operating revenue deductions
including-1
.
for
the
nine
months
of
1948,
$388,513 for the 12 mpnths..of
months of
$393,713
for
the
nine
months
1948, and $467,652 for the 12
1947 of provisions for Federal and State income
Launches
V
'
(& Subs.)—Earnings—
Net
taxes.
Sept. 30—
>
profit
capital
—
——
Number
1948
shares———
Earnings per slqare
*After
—
$3.23
first
1946
$4,895,968
1,021,200
•
$4.79
$4,504,230
1,021,200
$4.41
$4,023,529
1,021,200
$3.94
'■
charges and Federal income taxes.
a
half
share,
comparing
of 1947.
,
•
30, 1948, the net profit was $3,301,875
For the six months ended June
or
1947
with $3,216,814
1
or
$3.15
;
share
a
in the
...
of
panies .during
Gas
9 Mos. End.
$2.52
consolidated
subsidiaries in
—
:
.
Zurich,
Sunshine Biscuits, Inc.
$5,807,589
stock____,————
Esso
•
*
$3,740,520
' 1
"Super" Tankers—
SS
886,590
3,
subsidiaries
Shipbuilding & Dry Dock Co., Phila.
first of 48 supertankers now on order or under
construction, was launched Dec, 4, at the company's yards in Chester,
Pa.
Delivery .to Standard Oil Co, of New Jersey is expected in about
five weeks.—V. 135, p. 2007.
/
912,174
1948, Louisville Gas & Electric Co. (Del.) and Louisville
Electric Co.-(Ky.) and subsidiaries ceased
to-be majority-owned
Standard
The
.
584,12.6
Earnings per share of capital stock:
Prior pref.-stock—
$4.00
Suh
First of
Co.—
—_iL—
$320,025
—V.
Subs,
2548.
p.
declared
directors
shares
two
20.
The
38,203,789
public——_
inc.
accounts
185
income
Balance
—r—_
capital
distributed
Other
1,026,593
j
discount
expense
on
and
168,
paid on Jan. 10, 1948.
payment in February will make
directors
each
Dec.
record
46,578,053
deductions
on
Minority interest in
the
Net
Divs,
Co.
of Philadelphia
benefit of the marine trade, the announce¬
Standard Oil Co., covering similar heavy
was
the fiscal
oils
v.
.
Esso
stockholders
to
extra
The
for
the $6 prior
approximately
continue
>
marine Diesel fuel
Stores, Inc;—Extra Dividend—
stock, par value $1,
$7
758,194
7,200
—)
Other deductions
the
on
oper.
Consol.
income-——
of
for
to
11
50 cents
Mr,
4,167,458
taxes—j
long-term
on
Amort.
hope
by
i
a
28,813,090
—————„
"On Sept.
Gross
stocks
22
fuel.—V.
the
13,
the
for
Dec.
Dec.
paid in
that this action represents the
stated
'v''''
reductions, in the prices of
be
share, payable Feb. 11 to stockholders of record
the
regular quarterly dividend of 25 cents -per
The
7,911,141
income
Standard Gas
61,358
adjustments
taxes
on
of
Sterling Aluminum Products, Inc.—Stock Distribution
holders of
V
V;'.; ;
to
1949
an
bunkers at the same range of ports.,!.
amplifies,
March
of
2438.
share
a
;
Boston,
1
will also
made
On
and
income—— $14,090,023 $15,191,816 $19,586,486 $19,412,187
tOther income
Dr693,671
Dr455,972
Dr906,478
Dr477,893
plant acquisi¬
income
$1.75
at
ports.
ment
Net
1948—12 Mos.—1947
346,281
depreciation-
General
for
oil
Sterchi Bros.
per
3,860,846
Total
expenses-
Federal
p.
10,243,280
2014.
"
Amort. of
of
25,
642,875
Gas
revenue.-
for
V
35,215,924
res
State
Expenses
Prov.
dividend
for Federal income
Prov.
Manager
;.;:y
(New Jersey)—Unit Cuts Price—
reduction
a
fuel
This
$70,537,159 $63,354,896 $93,591,434 $82,616,140
taxes
Southern Indiana Gas & Electric
Co.—Earnings—
Operating
Credit
2163.
Export Corp.,
ships'
ment
complete mech¬
electric
depl.
for
$51,195,510
v——
p.
'fuels and Diesel
Bal. of income of subs.
of
Period End. Oct. 31Gross
toward
'
taxes)—
Prov.
$53,003,439
!
i
—
—
retirement,
to
&
1,500,000
13,465,060
21,249,078
There
for
subsidiary.
a
years.—V. .168,
15
Railways
—_
25,132,849
—
surplus
168,
Coast
pairs of raking teeth at all
which .changes the angle of
V. •
1948—9 Mos.—*1947
& gas purchd.)
1,822,510
3,775,000
—
—
affiliate serving the marine trade, on Dec. 23
25 cents per barrel in the price of bonded
New York, Philadelphia ;(Paulsboro, N.„J.),
Baltimore
and Norfolk.
The reduction also applies to other bunker
fuels supplied to the marine trade at all East Coast ports and at Gull
joth. than income
held
(Cr)_
incomep.
16,202,295
Pa.,
Division
Jan.
Railway Subs,
Operation
Income
_
168,
1,268,892
past
directors
Pittsburgh
1,494,811
announced
General Credit Manager of the New
these
7,715,975
5.051,033
possible future price declines-—2,500,000
stock
^
13,465,060
bunker
floating reel and basket which
dividend of $1.50 a share
a
on
the
Operating revenues—
taxes
2,543,989
110,249,829
debt
exp.
subs.
Net
2,119,991
disct.,
deductions
on
8,919,337
211,999
) 9,082,527
'
debt
and
853,717
211,999
1,292,084
61,604,359
10,626,770
1,489,302
subs.—
of
51,137,684
taxes—_J
income———
Amort,
97,011,091 115,969,923
888,950
,
t. xes
Federal income
5,358,337
$
acquisi-
adjustments
General
Int.
6,089,337
depreciation-
9,154,708
$2.29
Subsidiary Companies:
depf.
Mos., '48 12 Mos., '48
Holland,
the
been
payable
Period End. Sept. 30—
Approps.
10
New
a
Sl,442;887
225,000
—
income--
on
Standard Oil Co.
CONSOLIDATED INCOME ACCOUNT
power
(& Subs.)—Earnings1948—Month—1947
2,832,766
$2.64
stocks, the declaration of future dividends
light of conditions then prevailing, •
the
Maintenance
Period End. Oct. 31—
while
preference
prior
[Not
'
the
declared
declared
that
considered
by the vast increase
p.
309,508
3,260,622
third contribution
had
for
both
VAV;;V'''
hydro-electric generating
new
steam-electric
168,
$3,142,274
________
are
Boshell/ President,
dividends
transmission
customers.
He
have
•-.'V.'V-V
company's
generating station at Redondo Beach.—V.
O.
added
plant expendi¬
in the company's
new
$3,635,102
shares
common
named
been
prior preference stock, and
:
and
—$1,590,686
225,000
taxes
3,550,000
•total
—V.
Gas & Electric Co.—Resumes Dividends—
directors
preference stock,
Dec. 31,
1948.
budget of $74,091,-
budget
bildget
M.
Standard
authorized;.,
construction
1,824,197
374,480
length of the 64
pitch; control
Co.
for
than
greater
construction
substations, made
for electric
are
$14,000,000
largest
history/Quarterly dividends
construction
$4,966,471
stock
raking conditions,,
has
Co.—Budget Approved—
a
$6,022,821
■
New Holland's
851,195,510
debt
Capital
haymaking. The New Holland Baler, first one-man, twinetying pick-up baler produced commercially, and the New Holland Field
Bale Loader already have cut huge chunks from the farmer's
haymak¬
ing schedule.
•.
He
The
is
rake
$53,003,439
•
$469,549
chain
different
for
951,964.
940,789
'
r
payable
Federal
Earned
delivery rake completely engineered for mechanized
production, according to George C. Delp, President
the full
14,209,799
21,521,236
—-
Reserve .for
34,063
share——
positive
a
—
—„^
Funded
$4,932,408
Machine Co.,
—
assets; (less reserve for depreciation)
Sundry other accruals
in
Holland
—
_—_i
charges
Accrued
anization of
contingencies,
reserves
approved
share held.—V.
par
side
now
and
teeth
the
168, p. 2438.
the
is
New
times
Southern Acid & Sulphur Co., Inc.—Stock Increased—
common
:
assets
Sinking fund payment
1948—12 Mos.—1947
78,999
Exclusive features of the rake
The
each
receivable
Accounts
-
$5,943,822
SEPT. 30
——————
—
Deferred
■
}
/
'
.
Total
854
:
'■
(
V
1948
1947
V_—$16,671,230 $22,763,471
_———;—i—
5,532,466
4,835,407
i 8,024,672
8,131,355r
i—_;
._i
319,046
303,514
"
Inventories
1259.
$468,695
pfd.
cum.
v
CONSOLIDATED BALANCE SHEET,
$1,122,674 $15,131,799 $12,390,576
653,979
9,187,977
.7,458,168
$532,046
2231.
p.
hand, $3,790,597; marketable securi¬
payable and
recently
686,527 I
$4,561,072 *$8,288,054
$5.22
$9.62
7—$1,668,671 *$2,006,268
$1.91
$2.31
•ASSETS—
Sperry Corp.—Unit Manufacturing New Product—
$25), $5,000,000;
surplus, $13,099,883;
stockholders
6.152)000
provision for possible future price declines in the
$1,500,000 after anticipated income tax credit, tBased
of
amount
Cash
2,539
applic. to 1,237,346
168,
The
SHEET,
on
per common
farming
crop, $455,000; 8% preferred stock (par value
stock of no par value,
$19,906,783yearned
The
5,479,492
2,765,000
share-
com.
846,506; common' shares,
on
used
be
Co.—Earnings—
_
.
common
total, $43,369,287.—V.
4,072,563
781,084
2,148,000
deducting
stock¬
other
will
2,387,719
dividends
400,000
5,220,138
rehabilitation,
but
net
1949,
$529,507
(net)—.
income—__
Earnings
uncollectible,
.
by
par),—V. 168, p.
income
Net
$5,984,233
$9,345,623
$12,590,852; U, S. Savings Bonds,
(cost and accrued interest), $100,417;
$3,283,893; trade and other accounts
$2,279,167;
incurred
income—-
oper.
income
.permits use of
■515,882,643; deferred charges
$56,022; total, $43,369,287.
income
768,310
1956
hand,
estimated
3,-
per
After
Esso
$21,766), $873,875; working
assets, growing canes, etc., $5,679,125; investments, $48,897; real prop¬
erty,
plant,
etc.
(after ' reserve
for
depreciation
of
$16,598,784),
mated
$1,297,818
;
on
will
stock
Jan.
*
•
held, plus the privilege
purchased
1948—Month—1947
.
deductions—
Balance
* $6.98
on
The
record
Income deductions
455,000
400,000
;
Public
Cr3,086
21,830
(no
revenues_|__
interest),
1,
Aug.
molasses
sugar, and
(est.)—
profit—;
JEarns.
Other
Service
Net
372,242
,
BALANCE
banks
accrued
•
the
Associated Telephone Co.—To Withdraw
Period End. Oct. 31—
$8,100,537
1,747,148
5,220,138
CONSOLIDATED
■
•
shares
not
stock
Operating
Oper. rev.
$7,904,999
2,527,086
dividends—,
ASSETS—Cash
$12,179i719':,$20,606,073
231,407
272,176
1,023,000
t
1948—9 Mos.—1947
i $4,257k746 .*$6,231,506
1,293,899
1,845.831
:
LIABILITIES—
16,967,859
$13,568,959
$5,608,671
share
of
being
$2.60 cumulative preferred
195,538
Including depreciation of $594,793.
ties
23,414,606
crop——______
common
<
Subs.)—Earnings
1948—3 Mos.—1947
.
,*
Net
a
with
company has asked the SEC for permission to withdraw its reg¬
istration statement (No. 7640) filed Aug. 24 last
covering 22,000 shares
Accrued
—______
per
V
earnings
Expenses
The
ACCOUNT
1,782,542
dividends———
*
.
$9^75
$1.83
168, p. 2439.
Accounts
taxes—prior
Earnings
$11.23
$2.75
,
preference
Depreciation.—-—.
Registration Statement—
1,697,769
1,049,421
Common
statement
underwritten.
Proceeds
and betterments.—V. 168, p. 51.
construction
Other
profit
Preferred
$
common.stock.
par)
each
additional
issue
V Southwestern
-
-
268,536
taxes
future
1947
.
$
-912,174
.
$4,565,583'
$5,259,711
share of capital stock:'
;
stock
——
preferred stock-——————-
per
$5.477,757!' i
'
i
.
$2,954,155 ^$3,134,315
Period End, Sept. 30—
6,529,266 311,498,196 251,348,833
outstanding
share for
new
for
The
Gross
income
of
424,877
——
53,985
(158,750.
$3,769,900$5,843,837
635,585 ;•
,584,126
$3,379,032
—_—
cumulative
$4
Gross
Co.—Registers With SEC—
16
shares
holders
one
subscribing
for
Dec.
on
will
$8,377,691
(net)_____
years
Prior
157,500
206,500
inc.' tax
deductions
673,855
'
56,185
239,000
35,150
(A. E.) Staley Manufacturing Co. (&
1948
,
v
Federal inc. tax
107,430
to
of
holders.
mo¬
taxes_
income
Adjustments
Net
and
prior crops, etc.—
income
Fed.
Earnings
of
subsidiary
$8,109,155 $11,786,417
income—
federal
28,764
482,515
-i:
,
■
35,777
income
Net
—-Jan. 1 to Dec. 14—
1947-
6,036,685
company
offered
Von
heretofore
proceeding
above
—*22,936,975
sugar
for
Income
1,498,154
.
511,190
336,218
—u-i
•
168, p. 2548.
SEC
manufacturing,
...
lasses of
$6,364,347;
-
,
in-
taxes)
Permanent
INCOME
Balance
Net
$3,957^27
$4,473,740
$6,335,583.
$6,621,537
V -28,158
$6,607,660
;
13,877
$4,445,582
3,925
—j—'
come
Prov.
$2,247,529
.
* •
,
"
$31,046,130 $35,201,023 $24,872,858
taxes, -etc
-
Gross, Earnings—
Week Ended Dec. 14
Southern Union Gas
for such
Supreme
Rican
the
consent
;—
producing,
'•"
—V.
Southwestern
of
$3,953,602
•legal expenses
Taxes ! (other
than
;
;
1948—10 Mos.—1947
462,468
earnings
The
'
1948
1947
1946
Sugar and molasses produced— $30,486,968 $34,674,680 $24,496,148
Sundry receipts (net)——
559,162
526,343
376,709
Cost
Co.—Earnings—
$558,830
.
$
Gross
Years Ended Sept. 30—
income
cos.
fr. others
assoc.
int.
Total
2438.
p.
2163.
p.
1948'
consummated
decree
consent
pending
the
CONSOLIDATED
Total
168,
.
the
for
$3,54.7,286 $40,714,706 $33,106,787
..<4,682 .... >76,178 •
49,752
9,562
,
charges
168,
Southern
common
Co.,
Authority-was
the
of
suit
provided in
as
Land
company,
expected
is
13.3%.—V.
V
-
from
Divs. &
.
Period-
of
the
provisions
this
and
kwh.
interest:
Divs.
1948,
$4,072,204
$3,542,604 $40,638,528 $33,057)035.
•7.3,103,708V .3,107,720
31,392,098
28,583,741
r 207,560
409,666
4,020,973
.2,225,765
_____
future
any
the
to
accrue
Deep 15)
or
Trustee from
to
warranto
quo
against
Co.,
11,
\
Gross income1
r-
by Russell
accordance
in
oper.
__
business
of
2,642,000
1948—Month—1947
Operating revenues
Operating expenses
Operating taxes
Insular Gov¬
close
time
and
amount
Rico Sugar Co.
15,
the
Dec.
the
to
tax-consequences, collec¬
not possible at this time- to
it is
the
when
distribution.
The sale
at
ended
week
i,
1948—12 Mos.—1947,
-
undetermined
to
Porto
June
of- record
expenses,
as
received
are
of
distribution
Any
stockholders of
Co.
the
,
revenues-——
Uncollectible
capital gains resulting from the sale.
[A first distribution in complete liquidation of $2.50 per share was
made on
Dec.
24. 1948 by the, trustee to'the common stockholders
South
for
ONLY)
(COMPANY
Mos!—1947
1948—9
30—
dividends
from
Income
INCOME
STATEMENT OF
Period End. Sept.
the week ended. Dec. 18, 1948,
as. compared
with 2,714,p00 • kwh.,* for the
year, an increase of 12.5% .;', ...
the
on
of
company
Monday, December 27, 1948
-
.
-,
for
Period End. Oct. 31—
in escrow $1,000,000
of Puerto Rico, for
Co.
\
Corp., fiscal, admin, and
for
liquidated its mortgage and • has placed
to he so segregated by the Treasurer
requested
Income
$416,000
and
2,993,000
CHRONICLE
Co.—Weekly Output—
company
Southern New England Telephone
Co.
improvements
FINANCIAL
kwh., as compared
with
corresponding week last year, an increase of
the livestock and agricultural
equipment.
In addition to the
amount received, the sale includes
approximately $400,000 to cover ratoons and expenses incurred on the
growing crop prior to the sale, which amount, subject to audit, is
pending payment.
Another $400,OOo is due Russell & Co. to cover
advances for, crop expenses incurred after date of sale.
and
this
of
Electric output of this
.
of Puerto Rico, we have been advised as follows:
has received payments of $4,537,208 for the lands
Authority
Russell
the
with
connection
Land
output
totaled
3,052,000 kwh.,
corresponding week last
During the fiscal year ended Sept. .30, 1948 there were paid the
regular dividend of 8% on the preferred .stock and dividends aggre¬
gating $7 per share on the common stock. •
.• v*
:
The company also is committed for the purchase of supplies, ma¬
terials and necessary replacements including a cane crushing unit for
one of the
Dominican properties to cost approximately $1,000,000.
As
in the
past, the financial statements included below do not
include the assets, liabilities or profits of Russell & Co., Sucesores, a
Puerto Rican. partnership in which the common stockholders of this
company have
a
beneficial interest under a trust agreement * dated
April 18, 1917, with the American Colonial Bank of Porto Rico.
4
&
Southern Colorado Power
Dec. 2 said in part:
on
COMMERCIAL
Sells, Then Leases Kansas City Plant—
Hanford
New
Ybrk
Main,
Life
President
Insurance
of
Co.
this
on
corporation,
Dec.
18
and
announced
officials
a
of
the.
purchase-lease
agreement, under arrangements made in February, 1948, covering Sun¬
shine Biscuits' large new- biscuit and candy plant now nearing com¬
pletion iM-the Fairfax Industrial District of Kansas City.
(Continued
on page
56)
Volume 168
THE
Number 4763
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2693)
17
Stock Record «» New York Stock Exchange
OMLT RM6E OF PMIXS
WEEKLY VOLUME OF TMUNS
YEARLY RANK OF SALE PRICES
FOR EVERY USTII ISSUE
'
J *!
Range for Previous
Highest
I per there
Lswcst
8 perthare
66% May
90
;
I per
110
share
1*
100
Abbott Laboratories
ACF-Brill
Dec
16
13% May
18%
Oct
14% Feb
11
23% May 15
Adams
55
Jan
37% Dec
24
46% Jan
40%
Oct
27 y8 Dec
8
10 Va
Feb
7% Feb
10
30 % May
6
May
25%
100
Dec
Feb
19 y8 Nov
99
Nov
No par
22
Dec
6%
Feb
16%
Dec
31'/a
Jan
13% Dec
75
Dec
67
Nov
26
75
May 13
Feb
24% Nov 30
34
May 21
13
109
May 24
Jan
76%
Dec
48 %
Dec
102
90%
10%
104
Nov
Mar
90
Apr
12%
Dec
7% Dec
Nov
Mar
2
5%%
23
$2.50
198
3
prior
3%
14%
conv
514.50 conv West Ry 6%
egheny 6c preferred
Allied Chemical 6c
X171
22%
Feb
17
Dec
22
21% Jan
29% May
36 %
Oct
26
Dec
23
34% May 20
Jan
39 % Mar
25
Feb
11
37% May 15
*67
105% July
42% Oct
81
Mar 24
69
May
18
May
90
.
202
30% May
91
Jun
24% May
8%
Jan
73
Jan
35
5% May
46
Oct
51,
i07
Mar
x25
Nov 10
Nov
44
60% Dec
11% Apr!
34% Dec
Dec
80
Mar
47
20 % May
65%
7
50%
20
May 21
24.
52% Jun
16
10
Mar 22
American
Nov
23
68
Mar 22
3%%
Amer
9
31
Jan
18% Mar
9
77%
Jan
58% Feb
9
70
17%
Feb
36
May
50
Feb
May
Mar
76% Feb
163% Oct
18
Feb
74
28%
Nov
18% Mar
100% Jan
30
5
27
110
51
15% Nov
6
20% Jun
19
Sep
26 y4
Feb
18%
Dec
24
Feb
14% Dec
23
102
Mar
83% Dec
21
94
48% July
118% Oct
33% Feb
10
94% Feb
11
Dec
25 % May
107% Jun
49% May 21
American
Distilling Co
2
7% May 20
American
Encaustic Tiling
17% July
14% Mar 16
20 Va July
13% Dec
2
Dec
6%
Feb
86
Dec
115%
Jan
Dec
25 y4
Feb
1% Sep
19% Oct
19
16
Apr
26
American
4% May 15
20
15
89% Jan
14% Jun
24
77% Jan
12
Dec
101 y4
Feb
37
Nov
July
42%
Apr
37
Dec
6
5% May
9%
Oct
3% Dec
15
16
$7
Jun
46
Jun
25
53
22% Jujy
6
May
x34%
Jan
20% Feb
11
26% May 20
10%
Jan
5% Dec
10
8% May 21
90
106y2 Mar
49
55
Jan
Apr
9% May
12
79
5
Dec
13
92
Oct
10% Feb
11
15% Jun
13% Jan
5
19
6%
24
Jan
Jun
13
6%
Ice
Co
.
91.
90%.
non-cum
91
-
102
Feb
116
Dec
16% Dec
16
Jan
30%
95% Feb
27
26% Jun
•-
108
Jun
American
9
7%
20%
11
.
36
20%
29
8,400
*81%
.
26 Va
j
(1
3%
26%
33/a
35
1
93%
36
36
35%
73/4
54%
20%
.
103%
20%
20%
20%
20%
81%
*•;
62%
623/4
62%
62%
11%
8
♦11
33 V4
*103 V8
103%
8 •,..'
-.3%
^
11%
Ik
103 Va
33
*103%
3%
174
8
81
7%
21 Va
21 %
107 Va
«43
43%
*15%
20 Va
;
55'
20%
*62%
8V«
8%
33/8
15
21%
21%
21%
*107%
108 Va
44
•V
43%
15%
15 %v
15
15%
15
83%
83%
*82
39%
40%
100%
100 Va
30
30%
5%
;
*15%
33 Va
•*.
32%
:
1
.
■
1%
,"
8 S/8
*103
7
8%
9Va
•
3%
81
813/a
174
4,400
103 Va
'
"
,
33A
3Q0f
20,800
>
;
9,300
3%
813/4
•
173%
31%
80
t
140
32%
,
6,8604
.
173%
•
1%
81
40%
41
37
37%
3%
3%
*46
48
25
*6
*11%
6%
797/8
12%
16%
16%
*77
1,000
4,300
15%
1%
45
14%
15
14%
15'A
83%
*83%
83%
39%
40%
39%
40
6,500
100 Va
99 Va
993A
2,700
101
100
30%
5%
5%
30%
6%
13/4
*16
13%
13A
63A
500
17
13'/a-
4,200,
1%
5,600
46 Va
2,900
6 3/a
1%
46%
6 3/a
2,300
5%
*5 V4
.
45%
'
30%
30%
5%
50
63/4
3,300
46
1
3%
47
25
24%
6
*5%
*46
41
40
413/a
403/a
37%
40%
*37
79%
1%
45%
6%
3%
15 Va
83%
14
40%
*75
!
1,400
40%
373/a
37%
37%
41%
373/4
3,000
1,200
33/4
33/4
3%
33/4
3%
3,500
48
*75
*47
25'/a
"
48
25 Va
79%
*47
25%
5%
6
5%
79%
*75
48
25
100
25%
*53/4
•
10,400
6
1,700
79%
*75
*11%
123/s
*12
'
12%
12%
12%
*11%
12%
*16%
16%
*16%
16 3/a
*16 Va
16%
*16 Va
16 3/4
300
17 Va
17%
17 %
17%
II,700
*96%
98 Va
*96%
98%
200
16%
16%
17 Va
17
17%
98
*96 Va
1,000
16
15%
17
5%
16%
16%
17
70
43%
*
13 s/a
47
12
16%
21%
108%
*42 Va
*153/4
24%
79%
*11%
21%
*107%
17
37%
3%
6%
t
:
43
14
25
24%
*6
15%'
30%
48
24%
•
40%
*37
600
21%
•
13%
6%
3,400
-
•
108 Va
43
*153/4
45%
63/4
3%
:
*5%
13/4
45
-
21V*
14
.
1%
,
7
31%
78%
17
13%
46%
6%
5%
*15%
13%
46
-
98%
200/
33%
83 %
*30
30%
*5%
17
13%
101
.
43%
;15
39%
101
30 Va
5%.
37 Va
*96%
20
■
U Va
*107%
213/a
107 Va
43%
.
100 Va
17
16%
78%
15%
43 %
common—_1
80%
*79
39%
13 Va
*77
313/4
84%
3%
100
803/4
1733/4
313/4
39%
5%
*46
•81%
174 Va
31V*
~
81
153%
*37%
1
803/4
4,1001
•
64
11 Va
3%
*83%
'
1%
5,000:
103 Va
103
>
107%
16
\
*40%
50
32%
♦79
1
No par
.
42,600:
8
54%
|
323/4
174 Va
81%
174%
31%
81.
107%
30 Va
1%
80%
31%
15%
30 %
I,200
35
.
•■>
2,606
92%
'
39%
100%
*100
1,900
.
11%
V
3%
8
,
3%
174%
174
...
31%
84 Va
,
82 ;.
.81%
,
'
21
"
1,300
3%
47
34%
20%
63%
32%
.v;
.8
3%
108 Va
*43% / 43%
*15%% 16
*15
3,700
26%
-
91%
55%
*11
v.7%.
-
73/4
53%
*62
*103%
a
*
7%
52 %
11
33 %
174 *
*83 %
39%
200
18,600
78
3%
*42
92%
83%
27%
-
.26%
7
3%
47
*44%
47
93%
91%
7
263/a
7%
63%
..
.
7
preferred
28%
52%
'7%<
32%
82
100
Locomotive
283/a
51V4
52
*61%
.
V.
3%
,82
American International Corp-No par
American Investment Co of Ill^_—1
3
,
•
7%
„
'
18% May
28 Va
•
7%
52
47
preferred—
283A
3%
91%
36
,
37
♦36
'
'-A
8
*44
7
:
2,100
47
\ *43%
33/a
47
10
com
26%
*44%.
•
3%
.
No par
preferred
conv
American
26 %
*26
26%
3%
47
American Home Products
14
Nov
13
14V2
May
Jan
26%
26%
3%.
13%
com
10O
26
26%
*15%
Co
SS
Leather
&
16%
77%
26%
1,900
*16%
*16%
27
>
1,000
163/4
17
,
77%
No par
$6 preferred
American Hide
8%
178%
27 Va
No par
American Hawaiian
98
*7%
178
823/4
'
40c
preferred
8%
178%
763/4
.
No par
$7 2nd preferred A
43% May 17
7% Jan
5
28 Va
*92
93
♦73/4
177
26%
32
Amer & Foreign Power com—No par
9
16
200
823/4
*5%
Export Lines Inc
4,300
77
32
.—l
American European Secur
Dec
28 Va
84
24%
102%
27 «/a
103%
*173%
20
15
6% Nov
42
28%
*66
833/4
,
81:
100
Co
26
Dec
28%
28
24%
*101%
76 Va
21,
Feb
17
100
24%
102 %
68%
*92
178 %
26 »/a
*107%
Jan
17 Va
*17
68 Va
24%
7%
7%
178
4,800
102'/a
98
*92
8
179%
16,500
*
preferred series A_100
conv
98
*7%
178%
2%
47 3/8
26 3/4
3%
No par
5
Jun
74y2
3%%
*92
8
2%
47%
*65%
24%
103
263/a
32%
8
No par
JNo par
25
16
37
3
98
68%
*65
26 Va
3%
*103%
Cable
Feb
6%
13
7%
3
25
*101%
67
*66
*82 Va
32%
_10
American Crystal Sugar com
10
4%% prior preferred
100
American Cyanamid Co com—___ 10
16
Oct
43
24%
102%
30
2%
46%
76%
51
preferred
Colortype
24%
noi%
463/4
67 Va
2%
46 V4
46
27
com—No par
Jan
46
3% May*
Jun
American
15
22% Jun
Dec
Chain &
non-cum
24%
2,500
84
11 Va
American Car 6c Fdry com—No par
7%
preferred
_100
5%
67
14 Va
76
*11
American Chicle Co
65%
Va
8,300
14%
26%
63%
„
65%
2%
2%
45
10
3%
*82%
/20%
,
65%
*64
2%
18,800
/
•
103
3%
■
76
20%
preferred
14%
26%
-
,
14%
*1003A
;
27%
26%
51
—100
Inc—_1
65%
179
*82
*61%
preferred—
Broadcasting Co
American
May 21
88
101'/a
•
May 18
38
Co
14%
26%
:
50
U
conv
7%
Aug 23
4
Aug
Shoe
133/4
14
17%
92
-
3 Va
*26%
*36% ;37%
" 7%
7%
10
20
103
3 Vb
*17
47
10C
19%
♦100%
3%
27
*91%
par v
20
20%
100%
3%
75%
*43 %
U
common—
conv
193A
19%
10034
-
77
26%
*3%
■
8,600
27 %
*76
-
19%
2%
7%
84
27
Amer Cable & Radio Corp
1"
American Can Co common—L—25 '
*
21
28
56
38% Dec
4%
American
3
Dec
Feb
Oct
-
49% Jun
104% Jan
Feb
110
47'/a
••
3
24"
92% May 14
177
Jun 14
28% Nov 29
115% Jan
Jun
6% Jun
Chemical_No
Airlines
cum
Brake
Amer
9% Nov 22
6
54%
20 '/a May
105% July
111
3
196% Sep
May
94
Nov
6% Sep 21
3% Nov 10
Feb
99-
Dec
36
103
26
~*7%
May
75 % Dec
166
32% Nov
110% Nov
Dec
~3%
May 19
14% May 14
43% May 15
9% Mar 17
Agricultural
preferred
American Bank Note common.
6%
preferred
i
American. Bosch Corp class A
29% July 13
Dec
*82 %
100
183A
45%
103
176
28Va
6% Oct
May
107%
28%
Alpha Portland Cement
—No par
Amalgamated Leather , Co com—1 .
6%
convertible preferred
50.
Amerada Petroleum Corp
No par *
2
9
* v
Corp common__No par
preferred
100
preferred—
18%
24%
*92
176
17%
26%
conv
18%
69
*101%
26%
3%%
6% May 17
121
*17
common_No par
18%
2%
24%
No par
Mfg
*64
7%
*175
—5
18%
•
47%
*67
25
7%
1
No par
65
2%
200
1,800
3,400
33/8
14
47
*101% 103
*92
98
No par
Dye
Co
Allis-Chalmers
3
Jan
Kid
4%
3
Jun
50
20
Dec
34'/a May
Jun
31% Oct
,
10
83% Feb
Allied
30
42% May 27
98
6
3y8 Nov 24
Feb
Apr;
Dec
v
Dec
73
99"%
91
26% Nov 30
May 17
14
2%
24%
Allied Stores
Dec
48%
par
gtd__100
Allied Mills Co Inc
30
67
2%
*47%
14
-
18%
37%
29%
103
3%
65
4165
1
Allen Industries Inc
Nov
164
'
18%
37%
28%
20 Va
19%
noo3/4
3%
18%
38
28%
19%
3%
1,900
18 3/a
38
28 3/a
18%
20%
45 y8
18%
28%
19%
103
4,000
45 Va
45%
2%
39
18%
273/4
.19%
81
2%
28
273/4
*100%
45 Va
1,300
67%
6T%
*76
3
for
Sharet
41%
28%
20%
103
A
100
preferred-No par
Allegheny Ludlum Steel Corp.No
96
Apr 23
11% Jun 14
2
22
preferred
45%
68
81
2%
Sales
the Weeh-
t per thare
*37
27%
19%
100
—
4% May 15
58 % Oct
18%
28%-
19%
5
453/4
18%
♦37
673/4
3
46
2%,
.
*76
31.
♦76
3
45%
18%
41%
14 Va
100
10
common
18%
3%
Inc———No par
Vicksburg Ry
Gold Mining.
4%%
preferred
Allegheny Corp common—
Nov
56
6c
45%
45
67%
66%
81
2%
Frldby
Dec. 24
Dec. 23
f per share
tper share
66^4
*76
2%
*36
19%
19%
*100%
_1
66%
66%
Thursday
Dec. 23
I pet share
81
2%
41%
28
80% Jun
5
10
27 %
Corp—lo
66 Va
*76-*
4&
'18%
,18%
*35
Inc
22
,
Feb
1
Aldens
Feb
44
Reduction
Alabama
45
10
No par
Juneau
Nov
25 % May
81
2%
Express Co
Alaska
2'/a Dec
Feb
5%
Air
May 18
67
*76
2%
Steel po
4% May 20
21% May 21
37
65
102% Aug
2% May
8
*66
Wednesday
Dec. 21
9 per share
No par
-2.50
com
Addressograph-Multigraph
Admiral Corp
;
27% May 15
108
22
3%
Acme
1
27
22% Dec
10
2% Nov
9
4iy2 July 27
9
Feb
38%
112
Nov
,
;
HIGH SALE PRICES
Tuesday
"Dec. 2U
9 per there
Par
,
Adams-Mills Corp
45
Oct
60
Apr
May
2% Nov 30
Feb
Monday
Dec. 18
Co.—
Motor#
38
43 %
10%
LOW AND
Saturday
-
Abraham & Straus—
May 1*
6%,Jan.
55% Jun
5% Dec
\
.
,
2
79% Jan
1
7H% Oct
.
9 per
thate
*.
EXCHANGE
Highest
63% Oct
8,7% Jan
July
,
J an
STOCKS
.
NEW YORK STOCK
Range sines Jan. l
Year 1947
Lowest
97
97
97
97
200
'
Range for Previous
*
Year 1947
Lowest
Highest
9 per thare
Range since Jan. 1
Lowest
Highest
$ per share
18 y4
Jun
80
Dec
.7%
15
21% May 24
94% Jun 10
Amer Mach 6c
72% Dec
Feb
6% Feb
11
10% May 27
Amer Machine 6c Metals
American Metal Co
Dec
14%
Feb
28% May
39%
Feb
■
■
9
35
July
93
8%
24% Mar
32% July
7
97
Dec
6
Dec
1 Dec 20
29
Feb
8% Jan
10
'35
24
American
American
24
Amer Power
,16%
Feb
6% Feb
28
11% Jun
Dec
129%
Feb
80% Nov
30
117 %
Feb
69 y4 Nov
30
95% May 14
86 % May 14
Dec
17
Dec
Feb
-
186
12% Feb
13
162% Nov
.
Oct
3
9% Aug
16%
Feb
6% Dec
23
15% May
22%
Feb
16% Feb
176
14
34
:
Jun
42%
48% May
142
.
Dec
32
Oct
70%
172
Dec
40:
158-
Jan
371
Feb
23%
jun
28% July
21
Jun
29%
May
47%
146%
31
!
Feb
18%
149%
20
Oct
Jun
62
82%
Apr
135
Dec
7%
Dec
°TT0
Oct
9
17
Oct
x337/e Nov
29
93% Dec
24
May
110%
Feb
Jun
103%
Feb
5% May
10%
Jan
.
68%
62
,
May
69%
30% May
36% Dec
38%
Dec'
30
35
51
Jan
25% Oct
42
Nov
101% Nov
46% Jan.
Apr
Mar
,
111% Mar ■"
58% July
14%
Apr
24%
Dec
9%
Dec
16
Jun„
30
Apr
-
6%. Feb39%
For footnotes
see
Oct
Sep
8
67
4 % Mar
24
Nov
••
2
16
Jun
10
Jun
2
May 19
41% May 27 '
45% Jun
2
38% Jan
par
par
par
100
American
*
Steel
Foundries!—No
Stores Co
No pkr
American Stove Col
■
No par
:.
American Sugar Refg common—100
7% preferred
——
100
American
Sumatra
6%
Tobacco
25 ;
common-—
preferred
—_
150.
* 60
Am Water
Works
.'
7%
Woolen
preferred
——100
$4 conv prior preference
Smelt
Amer Zinc Lead &
6%
*23%
♦39
54
34
$5 prior conv preferred
Anaconda'Coppef Mining—
Anaconda
Wire
&
Cable..
25
50
*51%
32%
,
No par
Oil Corp—lo
16
Anderson-Prichard
14
20
Andes
Copper Mining
A P W Products Go Inc.
Archer-Daniels-Midland
.*39
34%
54
150
35
*35
130
11%
393/4
121
11 Va
39%
*121
17 Va
*163/4
17
*16 3/4
1493/4
150
149%
60%
60%
135%
60%
60
118
118
6%
27
36%
53
323/4
33
118
397/a
54%
151
27
27
54%
36%
130
22%
*
*102%
*4%
.
*26%
11
~4% *
•'
39%
743A
24,200
20
6%
24%
6%
39
,
4,100:
-
171
r
24%
543A
6,600
' 700
.
100»
39
.
54
151
35
"■
55 Vb
8,100
152
,*35
420
•
A
36
,128
-
128
1,200
\
/
*21%
40
39%
17
149%
11
-
39%
*121
149 3/i,
62
*118
149%
623/4
6%
95%
*93
95 Va
*93
*80
82
*89
5%
53%
*53%
32%
33 Va
32%
33%
33
53/8
5%
62 3A
10,400
62
390:
;
9,600
118%
120
6%
6%
343/4
35%
5 Va
13,400
136
*118
82
5 3/8
700
149%
62%
7
200k
17
61%
95%
82
7
34%
2,800
2,900
135%
118%
36 %
11%
39%
122
16%
>
61%
6%
500
*121
136
35%
213/4
39%
.
1493/4
60%
7,000
11%
39%
122
163/4
*135%
118
11%
27%
213/4
22%
163/4
62%
1173/4
26%
,27
63/4
353A
3,700;
10,100
93%
,
93%
81
81
,
5%
y
55
33
32%
33%
323/4
33%
33%
33
3,200
33%
33%
33 Va
*55
500/
100
5 Va
-
55
55
x26V4
26%
25%
26'A
*101%
103%
*101%
103%
27
103%
*52
53
22%
22%
27
2»600
14% /14%
151%
36%
53
22%
-22%
22%
11
*10
11
♦10
54
'
*52
22%
*10
54
25%
♦102
♦52
40"
57%
25%
253/4
103%
22 3A
22%
223/8
10%
*9%
—*4%
4%
26%
26%
4%~
™,265/a
;
'
18,100
1,570.
4 Va
*4%
4 Va
*4 Va
26%,
27%
27 %
22%
22%
■
100
10%
"1*4 %
4%
26 3/a
54
*9%
/
1,300
103 Va
*52
103A
26%
25%
*102
-
54
"
'
—5
400
" 8,100
,
86%
•.
73%
*169
6%
130
263/a
603/4
33%
33%
*
24%
35
135%
60%
53%
.33%
1
■1
14%
*128
"11%
122
'
no
54%
151
-
61%
*
5%
53
20
1,900
-
103%
:
*39
74
171
6%
*80
5%
8%
86%
r
%
6
34%
83/a
83/a
86%
95
82
97
6
*333/4'
36%
95%
..
5%
33
"
6 3/a
*24
.,135%
61
135%
60 Va
118
6%
36%
*80
11%
39%
121
135%
60 Va
97
6
34
*
150%
*95
*52%
14
22 V*
60
%
72%
24%
213/4
40%
97
1,000;
1,900
"
*169
21%
33:
*32%
8%
14 Va
21 %
11%
30
86
72%
171
21%
122
29%
"
54%
130
*128
8 Va
27
6%
*102%
20
No par
24
149 %
134
:
53
'
293/4
680
7
6
853/4
*
'
—
36% Jun
*
6%
..
6%
33%
26%
f; 150
5%
133/4
6 3/a
*95
<
263%
95%
,
5%
*71%
*169'
6
13,300
77
6%
34
Shartt
133/a
•
29%
26%
*16%
,
6%
24
77
26%
ii y4
7
85%
14
39%
53%
149
149%
73%
75%
6%
129%
*121
36%
*80
1
6c Co_—21%
3
6%
24
86 Va
171
13
26%
82
*95
No par
com
Anderson, Clayton
6% May 26
13%
*169
13%
75
129%
'39%
•
.
6%
73%
14
8
8%
„
123/4
"21%
7
17
36 Va
Anchor Hock Glass Corp com—12.50
$4 preferred
—No par
34% Jun
'-33 Va
60%
5
11
Apr
149 y4
;•
t
*
743/4
171
39%
53%
•
8%
86 Va
'
American
14
5
:• *39
"!
(
150%
common—No par
Co Inc
-
;•
6%
*23%
<
135
*
74 %
13%
60 Va
135%
60%
*117% 118%
—100
"American Viscose Corp common—14'
5% preferred
100
■
171
34
16%
American Tel 6c Tel Co___——100
American
?
-
12%
95 Va
6
Sales for
the Week
75
29
*33%
Friday
Dec. 24
I per thare
95 Va
63'8
34
>
Dee. 23
9 per thare
29
95 Va
*6
8%
86
,
*6%
29%
*33
86%
8%
-
*73%
7
*93
6 Va
34
12%
13%
29%
Thursday
Dec. 22
f per share
75
*6%
-
95%
6
*32%
.
5
Tobacco
Jun
107
*
*33%
""i28,
130"
* 26%-27
*21V2
22 %
*11% " 11%
* 46
1 40
*121
122
par
60% Jun
9
3
Mar 17
9
112% July 28
8% Jun 24
13
18% Feb 11
5
9
104
10
98
10
8% Apr 22
56"% July 28
11
46% Mar
May 21
Mar
120
16
Feb
page 28/
Nov
5
American
22
71% July
21
30% Feb
Jan
3%
51
Apt
144
,
76% Mar 16
5% Dec
27
68 Va Jan
1
50%
9
95
6%
12%
*73
30
30
*93
,13%
13%'
*170% 171
6% * 6%
*24
24
*39
■», 397/a
/ 53% 1 53%
*149% 450%
American Snuff Co com_—_—25
6% non-cum preferred.—^,.100
26
158% Jun
\
14
115% NOV
6% Dec
Jan
41
54% Mar 29
46% Feb
12
11
24% Jan
147% Mar 17
131
May 27
131% July 15
20% May 25
23
120% Aug
8% Deo
Jan
'
2
Dec
60
Oct
26%
Feb
163% July
'.41% May
X116%
Feb
Seating Co.——_No
Amer Ship Building Co.—NO
Am Smelt 6c Refg common—No
7% preferred
-—
13%
7
Wednesday
# per share
73
*6%
'
29%
7
,
No par
„
13%
73
13%
73
8%-* 8%
*85 %
86.%
*74% * 74%
No par
preferred
9 per share
*32 % * 34 '
com.—No par
'American
35% May 18
13
16% Dec
Apr
35% Jun
8
10 % Dec
9
25
46
140
10
34% Feb
$5
*6% •"
—1
No pir
,.
& Light
*93
-.100
-
Co
Molasses
News Co
29%
■
Amer Rad 6c St Sin'y com—No par
7% preferred
__i
100
American Safety Razor
—
5
27
68
Mar 19
21% Dec
Oct
163% Jun
MarlO
116% Mar 15
Oct
174%
,
25% Nov 29
Dec
May
28
'
11
,
125 c NOV
Jan
34
116
12% Jan
/
27
38
139
Mar
Dec
25% May
136%
Sep
46% Feb
1
Dec
July
Jan
No par
$6 preferred
'16% May 21
.
./73
*6%>
.
Ltd com_No par
preferred
2
11
Dec
11% May
.
4%%
-
Dec
7
76%
Dec. 21
13 Va
Fdy Co com—No par
preferred
-100
3.90%
9
1 85
170
Tuesday
Dec. 20
9 per thare
Par
12% Nov 30
HIGH SALE PRICES
Monday
Dec. 18
S per share
Sep
15%
x25% May
LOW AND
Saturday
STOCK
EXCHANGE
Jan
28%
101
Dec
I per share
STOCKS
NEW YORK
-28
-
-
4Va
28
7,900
300
1.
900/
COMMERCIAL
THE
(2694)
tfEW
■v
>!'
&
CHRONICLE
FINANCIAL
Monday, December 27, 1948
STOClf RECORD
YORK
■
STOCKS
Range for Previous
Year 1947
.
$ perthare
it
t per share
24% May
37%
99 V
y
May
'.9% May
130 %
89
17
Dec
% Dec 21
68
Jan
Jun
55
110
Feb
14
Jan
9
19
Jan.
13% Dec
Feb
11% Dec
18 % Jun
99,.
DecA
132%
Feb.
12% Mar 16
98% Dec
1
111
99
Dec
134*
Feb.
87% Dec
k 2
106' ' July
13%
Feb
20%
Dec
•
25
Dec
34
Mfty
99
Dec
112
Feb
-■
Jan
Feb
11
May
44%
23%
Jun
34%
Feb
25% Jail
62;'
Jan
77
Mar
Apr
40
Dec
31 Va
Dec' 21
Sep
10
Feb
105
Nov
113%
Sep
102
Feb
91
Dec
105.
Aug
91
Feb
Apr
111% Dec
22% Mar
July.
73
121
57
9
9
.
48
99
July
Sep
27
12%/Feb'
13
Dec
18% Feb
12% NoV
17%
Dec
29% Jah
15»/4
Jan
Jail
27%
Dec
4% Feb
7% Feb
4% May
49f
36% Dec
Feb
35% Jan
-■
13
preferred series
$3:75 series B
conv
100
,__25
*102%
7"
*96%
30%
30
%
30%
100%
103/.
102%
14% '
14%
109%
*73
.44%
Y*
100
,
98/
14%
*13%
107%
.
,11%
99%
Va
95
30%
100%
100%
104
*102%
14%
100'%
100%
103'A
lOJ'A
14
14:
14 vB
46 Va
46%
4 6 V2
466%
3,500:
64%
631
63
:
2,200
39%
11,000
94-.
20
55
55!
55
102!.
'21/
10
Automatic Canteen Co of' Amer/.—5
*11%
Corp/(The) conlmoni!_3
$2.25 conv preferred!—,
No par
7%
*13%
2
Avco
Mfg
:.
7%
*44
7.%
107
107
95'/a
95%
95%
20 •'
20%
2.500
53 V4:
53%
52%
*103
205
5
13 '/a
14
"7%
*
13%
7'/a
7 V4 '
7VB
.*
11%
11%
43 Va '
45
43 ■'
4»y
■
76A.
43
7%
;
3,700
7>/4
2,700
7'/4
7 */8
23,900
43
42%
100
3,100
12 ;
11%
-
-
110'
/
21
4%
*13Vb
7%
11%
7 VB
*20Va
5
4%
13%
7VB
1,500'
21
.
490
104 >/4 • 1046%
105
•
*20
f
.
11%
.
'
340
20%
102
*13 VB
7%
4 yj %
107 %
94%
5
7%.
>
600
20 Vb
20/
.
115/'b
7 Va
.
1
102
5:%
7 VB
7%
,"4»
45
101%.
21
38%
V
54//
i>3 v4 •"
■
82
*80
>-
39
600
l,JiUd
20%-
54
11%
,
107'/4
81
7,100
'
94%
20 vb
*13u'„ /'T3%>
11%
.
38%
94%
'-5-
7%'-a
11%
78
107 V4
94%
*20"../
■
!
76'
107%
,
'
39%
:
Va?
2U '/4 /-
101%
•,;i3%:
7;,.'
.,
.
107% '
/
■
5,%u-.
13 VB
*
7%
75
38
54.'
;
-,
12*
62
94
.
*5»/b
13%
7
—
60"
CCVb
•
VB
*10114 .101%
•'/ *20
./ 21c,/
'
5%
55%
107%
106 l/a. 107 Va
».•
55%
38%"
1,300
101%
46
75%'
4l0*
96
102%
45
.
100",
100
31%
14"/
99%
14<v
45
75"
■
1,200
5,600
99
316/4
31
102%
,
14 VB
.
■
200
12'/4
'95/
96%
30%
230
13 6/4
13
100
*99%
98
5
103
38%
20-y8
5%
,
75-."
.
93%
*20%
8
"
60
-
V
14'%
*11%
'
13
30%
44%
38%. '.39
"
20%
*101%
26
900
.
96'A
110
*13%
11%
13
55 VB
94.
94
•
55
*74%.
107%
conv
3,300
47'/4
96
*109%
'! 14%
ll'/a
13 Vb
*96%
■
'
-14%
;
45 /,
..
55
76
A__100
100
Tack
.
48.100
7'A
47»/4
;'r
110 %
11%
101'/a
:
38%
Austin "
860
90 '/2
7
"96%
*96
,
12%
*13%
30%
101%
•
102%
14%
preferred—
.-100
Corp.
No par
Nichols commoii/^^—No par
ConV^pri'or' pfd/( $1.20)
No par
Autocar Co
„—~.5c
4%
Atlas
/
6,900
,
69%'/' 70
99%
100''.
98%
101
103%
54%
Atlas
•
:
V4
47
47V4
96 V4
111
"
100;: ;
*
*14%
^^-5
Jun
96%
13 V4
97^!
98 "
*96
38%
—.
89 '/a
69%
47%
47%
:
11% V
,
100 "
100
100
Powder'common———Nopar
% Jan
46
.
11%
13% "
53%
Preferred
,
Jan
12%/
13%
*20%
7% Oct
19
26 "
22
4%
Va Apr 16
19
90V4
68%
,/■
*110%
"
13%
■■
12
53%
Atlas Corp
.16% May 21 7
9.;
6% Nov 30'
xll •' Nov 10
/'
48
110 Vo.
! 13%;
12%
13%
86, W I SS Lines 'common_L_1
^
8
9% May 21
•14%!;
12%
45
5% non-cum preferred!,,
Atlantic Refining common,,
Jan
9;.
24% Jan 20
,
*13%
14%
.
13%
45%
23
114
,
20" Oct 19'
4% Dec *24r
27%
5% May
*13%
RR_l__LNo par
Dec
64
./. 89%
6%
,
Va
:
"
25% May 21
% Aug '27,,,
7
'
25%;/ 25%
"
Shares
'
96% ;.
,
110.%
111
30%
Atl G
Jun
90
6%
6;
69%
/47%
i96 v
26'/b / 25%''
theWeeE
share
'
101%
23
99
,
89%
Dec.
I per
fur?;,
Sales
;
„
24/
Dec. 23
'
7 j-.:-
Friday
'Thursday
I per share
share'
/ 25%
25%
/
'
96%
„
110%
30%
Atlantic Coast'- Line
50% July 12
114
May 22
xl9% Nov 26
26% Joiy
21% May
,
*96
101%
A
24
July 14'
81
21
97
;;v
89%
6% >'
68%,
48
48
47%
111
S per
25%
89 %
71
70
10
Co
Investment
64% Dec
6
47%
*95%
*110%
"'
iVaHlVa
7V4
71
Topeka & Santa Fe com__100
5%
non-ciim preferred
100
T F Incl'—
--10
Associates
Atch
19% Jurt
13% Nov 29"
Feb
66
Jun
preferred/^—..—___l0O"
2nd;
62
18% Feb
59
30
7%
9
11
120% Sep
2
107% Jun"' 3
3r.
10 *A May
40% May
.
May 10
35
5
84
96
Jan
X98
3
26
Sep
66
.
7%
vhr share
25%
25;Vb " 25 %
'89% ; 89%-:
89%
89
$3.75
19
•
25%
70%
$4
17% Aug/9
" May27
•'
^—lOo "t
comL/~;5
of" Illinois
Co
prefer|ed;:_r—_—.--No par
preferred conv/
No par
Arnold, Constable Corp_'_—-—:—5
Artlobm Carpet Co Incl—-No par
Associated Dry Goods common—!
6%, 1st, preferred
—100 r
99% Jun' 14
% July 12
22
25%
$6 conv
115
9
17%
Sep
10 Va May
t pefthare
.^--.—lO,
prior preferred.,,—No par
Armstrong Cork Co* com!!—No par
&
Armour
9
56% Jun 11
29
Nov
Jan
106
10
88
Jan
Dec
41% Feb
103
38 '/»
91V*
25
15% May 19
6% Dec' 21
Oct 4
15%
Steel Corp conrfi1"
4% %. conv preferred!,
Armco
23
..
•••'•"T t
$ per share
;•
Wednesday
Dbfc/23'
Dec.'Sl"'
-!' dtdi
Dec. 18
.
Par
share
32% Oct
101% Jun
23% Nov 29
Feb'"
109%
Dec
103
$ per
tper share
Feb ;-
'
Tuesday.
Monday;,
'bu/;.;
Saturday
EXCHANGE
AND HIGH sale prices
LOW
STOCK "
.
Highest '
Lowest"
YORK
NEW
since Jan. 1
Range
Hi'^Kst3^'
Lowest7
.
2,000
f'
B
Dec
13
13 % ;
16
Dec
24%
7% May
16% Feb
Dec
18
May
,
Feb
16%
Jan
Feb
28 %
Apr
x20
Dec
19%
Dec
.
.
21
4% -„noh-cumi
May 14
28% Jun
14
Jun
15
45
'11'
10 V;
7
16% Mar 31/
16% Dec
15
23% Jan
31
Feb
13
83%
Dec
110%
Jan
80% Sep
17
17%
Dec
20%
Aug
16% Mar to
; Jan
22% May
96%
Dec
108 >A
Feb
69
Bath
43% May 15 *
Jun
12% May
18%
18%
95
Dec
28
May
Beaunit'
Beck Shoe
100
Jan
9
16
Dec
23
Beech
.8.
Beech
;
34% Apr
Feb 11":
37% July 23;
20% May 211
5 V
39% Feb
24%
103 %
17
Jail
Jun
Bell
15
Feb
11
38% Jun
17% Sep
25% Nov ;
10
Dec
14
28%
Jan
21
■
Nov
3
103%
Feb
68
'
Dec
86%
Dec
24%
Dec
19%
Apr
133%
Dec
13%
Dec
35%
32%
Jan/.
Oct
23% Feb
25
Feb
l
16/
102
14
17
Jan
27
8
14% Jan
24
•85/-
20%
207
25
'May
12% May
$ per
36
share
Jan
73/
15Vbi(
15 Vb
31"%/'
31V2
A
31%:
14
May
28% May
14% May
29% Nov
*34
34%rl'
34%,«
34
34%
*14%
15%
*12
12%
comlttdnl-^—10
*15%
15% 1
*15%
i5-ye
100
*90%
92
*90%
92
1-5
! 34%
.
.
15"
45%
25
10%^
10%'
22
221/4
22 "
73'
73:
75
88%
89
90
25%"'
25
Indus
Loan/corn_.
7%
—1
—
Steej (Del)
Bethlehem
*25%
1
100
,
88%
75-,
18% Dec
13 '
Dec
9
Bliss
&
41% July
32% Mar l5'
44% July
Bloomingdale
24%
19% Nov 10/ /.
29% Apr 16
22% Dec
20
37% May 18
Bohn
96 ■" JUti
12
Bon
Jan
19
32
61
Nov
26
Dec
Jari
31% Nov
3
35%
Feb '
16% Dec
13
49%
Jan;1
37% Nov
30
55
Oct'
42% Feb
11
75"
Sep
30
96
May
6% Feb""
39%
7
Dec
13%
Dec
96
Dec
18%
9%
30
May
J
Feb
32% Dec
Feb
6% Nov
Dec
29
Feb
7% Dec
44% Jun
Feb
x27% Mar yi
25
Nof
109%
Apr
92% Oct
>
13
27%
lOVs
9%
4
90'
Dec
15%
Dec
28% Feb
8% Dec
27
20% Dec
36% Jan
106% APT
27% Feb;'
13% May
20% Nor
15
25%
95
Jun
Dec
120 ;
Jan
9
May
69
Dec
125'
Feb
-
17% Feb
33% Aug
14
99
Deb,
120
,
65
25% May
37% Noy
31
Nov
>'" Dec
14% May
26!' May
102% Apr
23%
22
75
40
Jun
90%
38% Feb
29% Feb
14:.,
22%
16% Dec
17
24% Jurr
Dec
104%
May
100
84'
Jun
95
12% May
6
May
72'
Jun
11
Dec
79
Dec.
3
Dec
13% May
94% May
19May
2*%
Apr
51%
Dec
1%-Dec
6% May
21% May
12% May
110 :,
Dec
38*;
Dec
18
Dec
9
.
% May
33%
Nov
For
72% Dec
Jan
16% Jan
io
13:
13!
Jffii
79 / Mar
6 "
.
2"% Mar 17
16 / Mar 17'
27% Oct
34 Va
x55t
•
Ja il/
"
Dec
98% Jan
15 "
23% Feb
11*
52
Oct.
17%
132 {
Feb'.
Jan
1% Dec
5
Feb!
Dec
21% Dec
9
Nov
38% Feb
15% Feb
10
Dec*
spa
—1
Ine——:
(The)——
Brown
<
&
Shoe
BigelSwl——__*._i.l
y4
54%
T
onVp
7%"
$5
common
,
.Buff
l
114
Dec
5
No par
!_——„——1
Nlag El Corp 3.60% pfdT— ^100
Co
34
"
■
preferred"^
3 Va%/ cdnv/2hd prerefredJ
100
27
29V4
29% "
.
""
18%
9
9
24■
2"
Jan
9'
4% May 18
27% July 14"
105
July 9'
35% Jun* 16
..
———_1
Bush Term Blcffer7% preferred—100
Butler Brds common..
15
4 % % ' preferred
_—!—_„ 100
,
—
,
-Butte
1
*
Copper; &f Zinc—^.
—j.5
Byers Co (A" MT comrh6h!!_No par
7%
participating preferred—100
Byron* Jac^cS^I^',Co
—No par
.
'•
SALE
19 V4
/
.19%
15%
*121
8 Va>
-
19
Vb?
22 %
*31
88V
88
13%
73%'
"
82/;
14%
14%-
8%
8%
*109
8%
76"
•*3%
*20%
*99V2
1021
,
8%
771/2
3,%
217/4
100
*25
25%
*34"%'
35/
*53
54
16%
39Va-
,
"
*85 '
16%
16%
11,400
39
54 «/4V
39 6/4
39
39 Va
4,600
541/4
53%
54%
5,300
94
91%
91 ¥2
*91%
94
32 V2
32 '/b
32 '/8
*
95
15%
124
•/;
*93},.
19rA
28
r
28'/4
30 ¥b
30'%
98%.
...
19 Vr
19'
19
18%
15%
15%
16
122
8
x7%
658/b
31
*30%
3L
*30s/b
87%
*87%
88»/4
*87%
88-6/4
13%:
13%
13/
lS'/a
13 Va
V13%
35
35
16%
16%
17
16%
it:
17 r
86.
4
18%
85%
86
86
85 %
86
*85%
73
73.
^
!
73
.
%
*77
'
'
73%-
.•
so,;.
*77/
14% -14%"
8'/,
8%
103/, 106
T
8%-
•
3
3 Va
21%"/21%
*99% 100
24%/ 24%'
'
21%
100 "
21%
3.
83'a.
108
,
•'
,
22
v
:
100'
24%
24%
1
34 6/4
*24%
25%
34%
*33%
3414
*34
54
*53'!-'
54'
*53
75
-
/
3%
101%
25'A
-22%
25%
75
3%
22%
*99%
3%
100!
9,900
1,700 •
5401
114/1'
8% V 8%
8%
22%
22.
320 T
1(000
76.
80
112/
76/
,
18,500
14% "14 3 4
:
8%
.8 ¥4
86/4;
110
*3'/b
100;
,
8%
*75
3;
;
500 t
18%
87/
*77.
14%;
8%
75%
100,
100,
*24%'
•
75
3 VB
146%
300'
1,900.
35/;
,
73""
!
100
3L!
35;
35%
*35:,
80
,
..
40
510
66 ¥2
*30%;
87%
13%
-
•
,
13,500 '
8
v.77/b
■
65%
'
'65%
88*/4
:
1,200
9,200
;
121V
121
122
*121
8
.
400
196/4
15%
65%
72%
73%
*72%' "t 73/
*77 '
82/ *'"•
*77/_- 82
14%' / 14.%'".".'" -'".14%:
14%
8%
8%;
*8%r., 8%Z ;
102 / 103%
lor .102"
8%'
8%
8%
8%75
75%'
76% ; 77% ;.
3
3,600
95
65 V2
31-
13%'
3,500 :
9!
31 ¥4
15%
7%
4,700
19«/b
..
*30'A
*93
95
/
1,900
-
98Va
8%
301/2'
*93
/
19
9
30%
29 '
.
35
31
*87%
35
8,000'
28%'-
19% '
*121
66
7%
7%
*96
7,300
"
28
87/B
95
15%
8VB
!•
8.
*65%-
"• 29':/;/*'• 29;
30%
I8O/4
•
'
\
2T
*96
9
30%'
30 «/a
1,000
30;
19%
8%
33
27%
'
98%
19 'A
100
800
2'/a
32 '/2
3k
29'■
•
.
*953/4
•
270
/.
:
7%''
27%
30./
Vb
520
61 Va
*2
33
30
■
'•
29
28%'
196/4
7%
29%
30%
J*121
"
27'A
/
;
%
9
/30%:-
7:»4
24 6/4 '
.•
.
6%
6%
30%
29%
27%
6%
*
v
2%
32'/4
15%:
;
16%
2%
18%
.■' 86 V2
33
2 '/b
20%
■
32%
2>/8
10%. 19%
'
;/61/,;
2V8
93
.
-24 /
61%
53%
'
53%
-
3,700
24%
33%
16%
„
38%
*91'%
98
...
16%' 16%"
73%
*77'
16%
94
300
4,200
22 ¥4
61
23%
'•
.
16 "Vb
54%
'
22 Va
22
39
61'
33 «/4
*95%;
13%" 13%
35%' " 35%
84%.
Sharit
33/
23%"
'
41:
21%
*33 6/8
30%,-
31% "
88"'.
31%
*13%
35 V2 v
thd Week
'
t per share
13%
13%
>
22*
61
,
*40
33%
27%
■
124"!
8 Va
*87%
"
thare
27
27
,
13'%
23
6IV2
%,
41/;
'
21%
23 %
"
9,
65%-
*13',
*40
.
„3o
15%""
8
;ieT?
Dec. 'ZV
DeU. 23 '
for
Sales
Friday/
TharsdAy
s per
4,500.
9
*31
16%
84%
2,000
1,400
29 V4
Vf
%:J
98% - :
65% :
65%
s
3,000
6%/ 6%
30V«.f.';30y2,-;.f"7%*>. 7%
30
*121/
124
8
65%
10
13%
,
27
15%'
15%
400
1,900
27%
9%
26%
32%
.
30%^ 30%
*93/
95"
19 " ' 19 %'
31
27%
•
PRICES
iter share' f
S
28
10'%
10%
*136/8/13%
*40
s 42
*2
29%
.
'
9
>
'
94
129
*95%
18%
98%
"
-100
preferffed
loo
Burroughs Addlhg Machihe__No par
\ Bush Terminer/-.
10 VB
39Vb-
7%"/''
27%
*35 Vb
3% %
.
27%
10;
10%
13'/2
54 Va
*90%
,
6%
29".
BuloVa Watch Co Inc—
^^-,---5
Burlington Mllls^ Corp'rcomint>h—1
,
27%
10
16%
*31">> *•
•-
*27%
*18%
/
7%
"!
5,600
15,800
26%
23 Vb
•
'7b"
6%
*30
28%
*
21%
2
29
*95%
'
No par
—
4%
15%JUit
89
-
-
preferred*
i——100
(The) Co common'—__No par
Bullard
;
3
10% July
commAli!
preferred !
Buffalo Forge Co.
:
135'/4
*27%
13
94
7%
29f:
V/a
*92%
Budd
33%
1356/4
10%
41
54%
*32%'
33
28%
34r
33%
*132/ 1347/s
29
'33%
135%
13%
13*
2 '
2%
6%
*6%
$3.60 preferred
No par
Brunswick-Baikd-Collertder *—No par
i
'28%
33%
7
1,700;
10%
*39%
33
54/
*90%
4.
23%
136/a
22%
22%
34
*30%
Bucyrus-EriC Co
29:
33%
*134
HIGH
.
*39%
94
*30%
—15
C6* Inc
28%
25%
25.
10%
*32%
61
*33
400
1,200
13%
V 2%
6
22;
'21/:
11;
38 :
*18
Mar
4>
Mar" 1
•
31V4 May
7
15% May 21:
119
Jun
2
44 / May 14
xl9% May26r
'
California Packing common—No par
5%
preferred/'.
."—60
—
Callahan Zinc/Lead ,
_^.-^__l
Calumet 8c Hecla Cons* Copper—-_5
.
24/,
29;
14% Mar 16
.
40% Jun i5;
54% Sep 15
3
May 17
8% Mgy21
5
101% Nov*. 4'
48% Feb"
25% Feb";
47%
.13%7N
41/
*13
22%
23
_i._t_5
No par
75
91
26
(assehted)_100
*
3
Jah
27% Mar 17
Jan"
34%
—5
22%
1,400
*74';-
.
10%'
40vi
54%
BrasS/
A„.
Maine RR
25.'"
27,000
13%:
40%
&
25%
7,100
10%
22%
22
26%
*90%
Co
by;
35%
35/
xIOVb
.:
*90"
76;
89f
'
•'
.
25%
23;
•
/■
'
5,600
.-220
looo;
1,100
120/
300
"
Dec
3% Feb
8V4 Feb
toofnor^f.
Juir
21"
30
10%
5
—100
18
88
10%
75 *
Feb
22% OCt
10 4/
8% Dec
Jan
" Jun
17% JUn
16/
92
13%
15
3
100
.
.
7% Nov 10"J.
24% Feb /
108 %
Apr
12% Feb
Deo
88'
21'
77
Mar/
Va
,97
*91
.
1,700
27'/
16%
39%
.
15
May
!
15
13%"
16%
Jun 2i:
16
14
80'
13%
41
13%
i.^_No par
Stores
*74'.
75%
90-
25 VB
10%
*26 V2
10%
167/8
July 12
11/
Mar 31"
.800
15
:
92
89'*/
27%'
33.
&
class
22%
*'/<*
-
135-/
61..
,11% May 15,
24f
81
22
t per share'
!"'
16%
40 Vb'.
'1
80
Feb'
35 ' '
10% -/
22/
300
15%
,11%
10%
13%*
10%
" 26 % '
13%
26 V4
13%
;
10%
!
~'
23^8
Co
Browh
21% May 15
43% Jun
1
Feb
26%
13%
*39%
Co_—
t per share
61%
!
5
13
Dec
34%
10%
10%-
Dec. 22
No par
BrotherSl.i.
—
17
78% Aug
Feb
34%
10%
22'%'
34%
7
Wednesday/:
: 2u%
—1
.
24% May 17
124% JUly 2
Mar 30""'
7% Dec
92'
Dec;"* i
'
14% Feb
86% Feb
80
2
Aug 11
23% Nov
9
Sep 28'
92-
*al
Tuesday
'/4
''
:f. Nov
15
DOc. 20/
22%
12% JUly 26
13
14%
*10"
10 Vb
Roller/Bearing Co—
5
Bratiiff Airways Tne
,,.2.50
Brewing:Corp;of America"——//_15
Bridgeport Brass Co_^__—No par
Briggs Mhirufadturing'*—No "par
Briggs & Strattonr—No par
.Bristol'-ivTyerS Co comkiofi— 2.50
3%% preferred
100
Brooklyn s Unioif Gas
No par
r
10
23% Sep
s
26'
90% Feb
Feb
101% Apr 27
.
1
14%
25%
27%
27%-
33
Bordeh
25
37% JUn
15% Mar 16*'
14%
Monday*
tjper thare
No par
coirimon!^
Borg-Warner Corp coirifnofi
3%% preferred ___!
34% May 18
;
*11'%
Saturday
Bower
71
30
25% Nov
1,000
*15-
11%
33% '33%
61
Bond
11% May 15
36% Jun - 9
Feb
3,400
4d'
34%
*34' '
15 6/4
90
135/
23 Va
Jun
16
Ja-n
•^20
16
31 ¥2
16
34%
LOW AND
B
Boston
10% May 18
31%
34V4
'
Dec. 18
;_—*!
new
Aluminum
Ami
5% May 15
10
24'
63';
1,300
100'
2,200
73/
*31
11V4
29/- -20%
33%135 V2
.
,
61%
9
42
30% Nov
16
316/2
34%
14%'
76'
,
33%
May 24
;
22
23% May
2,100
'
73
15%
31*
'
Laughlln Inc_j^„2.50
Class
27% May 15
1% Aug 26
Jan
40%
51
.
73'
15%
11%-'
10%
*25%
29%-
f.
33%
! 27%
10"
stock
Mfg Co—No par
Co"
Boeing" Airplane
66% July 13
87% Nov
102
81
4
8
Feb
3% May
DeCklt
(E W) Co
f
88%
25V4
*135
135%
27%
Par
Bliss
Jan
Dec
16'/4
31%
87
20 '
14%
22%"
90 /'
'
29'
34
33%
*135/
Bigelow-Sanford Carpet—:— No par
Birmingham Electric Co!— No par
Blaw-Knox
59
37% May
1,400
/
29%
29%
cdm- .No par
preferred
exchange
67
38%. May
7,500
11
20
20'/8
60'
44%
16 6/4
31%
11%
34%> S? 34%
34%.
10 %
new york
116'
May
>
/
*85 6/2
31%
14%
92-'
*90%
.
34 Vb
Black &
,
72/,
38»%
10%
15%
-
10%'
2
17% May 15
'
,
22%
14% Sep
"
3,700
'
34"%
19% May 18
1
1,5(0
20%
127
12
*22*.
Foods
Best
14
Dec
89.
L'
15%
*14%- 15%:
*10%
36% July 15
Oct.
20
73-
44
323/8
87*
'
20%
*31 *
15
*34
11
•'
16 Va
31%
*38
Id'/a'
16 6/2
*85 '
87-/*
'' '
72
15%?
*30%
12%
24
10
73V':
15%
15%
Nov
xl3 ; Feb
■
32
20/.
20%
.,
31%
34%
$ per share
26% Dec 18v
Feb
150-
47'%
20%
.
446/4'
*10%
16%
31%
*85 ,/"!
151,
12%
'
x20%
Va
68
'
'
'
737 6"
*71%
73
*71%
*14%
Highest
$ pet shark
20V'
r
•
f per thare
2,400
38%/
44 ' :
ll1
16%
^
*38"
44 Vb
,
_50
Co——
since Jan. 1
Range
Lowest'
Highest
177
*85 /•: g7-
stocks
Year 1947
20
23%
67 6/4
46%
46%
20
216/4
18,ICO
15,800
'4,100
23 y4
r.
■
•
45%.
■
38 V
;
•
*30%
10
22%
68!
■
10!%
21
-
68
20% /
11-
I
Co__
21
11%
10%'
:
22 y4
-''•47;..-
x44
32% " 32%
85:;../
__!_1
Range for Previous
Lowest
86' r
*16%'
32% :
-
38';
44%
IIT'.V.", II'
—10
Best &
37% May 15
Nov
*85
29%
45 %
20 %
44 Va
-11%'
11
32%
Cum" pfd $4
37% May 27
39% Oct 22
'
44%"
44%
!
16% / 16%
20%
y.v
20
'
pfd $3.25?ser of 1946. No par
div ser of 1948. No par
Cum
139% July 14
9
44%
11% * 11%
_2.5o
100
68 %
*
••
x37 %/' 37%
*37 Va .>.39
39
44%
2i% '
68%/
21%
.
47/2
•
'
_1 _1
Beneficial
'
% July 23
.16
26% Dec
18Va
*
x20'
22'/4
21%:
Home ApplianceS—. ._33Vac
Bendix
'30% May 24
125 V Mar
Jan
47
710%
"
16%
RFt;_
Howell' Co
&
20% 1
*68Va X 70!
>
'
33%
Bendix Aviation-
9J
30% Feb
150'
47%
16%
4%i % * preferred
21% Jan .2
26% July .9
87% Mar 10
,
y
11%-
11%
10%
"20%
goo'
13%
*13%
14'
11%
•
'
21% May
77% Dec
'
70
47%.,
*32 V2
pfd
_!
Aircraft'Corp
Packing
Belding-Heminway
Bell Aircraft Corp
2
20% ''
21%
_25
—
(A S) 4%%
20%
*68%
21%
*37%
:—__!100
pfd
Beech-Nut
19% Mar 22 T:.
22
26
.
14% Dec
90% Dec
24% Jan"
106% Aug
11%' 11% •10%' 10% 7*
20% .- 20 %/
" 21.:'
20%
13%
14
14
f
11%
10%' 10%
.
20% / 21%%
No par
__
comm0n_.
Mills,. Inc
Creek
"
22
*21%
_5o
Inc
conv
8/
2
14% Feb 16;
10% Nov 30 "'
:
14%
11%
/
10%
■
*14'
.
11%
.
1
_*._5
,r
Foods" Co
3%%
„
6
32% Feb
Jan
16% May
Beatrice
Dec
30
20%
21%
Works Corp'!—1__——_1
Cigars
Bayuk
„
8
Iron
8% Jan
Oct
10% May
2
90
&
4%% preferred
Barnsdail Oil Co
44% May
Jan
,;i4%
•;
'
70'
62
30%
10%
48
24% NOV
Jan
40;
Feb
39% Mar;'
10%
*47-
Dec
12,
10%
*68 V*
Jun
Dec
11%
_100
Conv
18
5% May
11%
5%
preferred/—*:
_100.
Barber .Oil
Corp" (Delaware) __!„10
Barker
Brothers comiiidhl.
—10
«:
14%
11%
comtttoh
Ohio
-•
/-13
Bangor
35%
29
&
:
—J.1
20%
59
Feb
9
Baltimore
14 V4
*14!
—i
Works__
Loconfb,tive
80% May 12
Nov
31
Feb
TX lnc—!
(B
preferred
__100
ArOostook common—50
.,
36% Nov 29"
54'/4 Jan
39% Dec
8%
11'
40% Nov .30 :
•
July
20%
45% • Dec
Baldwin
31% Jun 22
601 Feb 11;,
15% Feb
Jan
Babbitt
3 v
16% July 13
29% July 14/
13% Feb 10
Feb
55%
3'
10/ Mar ie/
•
69
9% May
42%
;
23
25'/4
11% May
60
11% Dec
16% Jun
17%, Jun
13% Feb 11:
May
Feb
;
Campbell; W!'&/C Fdy—/r
No par
Can Dry Ginger; Ale cftttjri*
1.6^%
$4.25
conlr/preferred!
Nopar
Canada/''^otttherm Ry Cb——100
Canadian. Bfeweries Ltd——No par
19% May 14.
Canadian Pkeific Ry—
47% Dec
Cannon
7
Mills'
—4.
-
-
25
—No par
1%
5%
22
34%.
*53
1%
5%
.
1%
5VB
*22
22
34%
54/t
1%
5VB/
22% :
*33%
*53
v
1%
5
■1.
1%
1%/
514
r
*22
5 1
22'-/
22%
.
1%/"
-s 5
54
1 %
16%
.
346/4
*53"! '
346/4
300
54- *
1%
1%
4,900
4
51/4
56/4
5»/b
5 '/4
*21'/2
V8
22 '/b'
22 6/4
21%
21%
400
9%
13,200
5,700
'
9%
105%
*39%
9%
9%
*104%
108
40
*16%
40
17%
*16 V4
13 Va
13%
13 Va
*41;
42
•
*41*
10
,
106!..
9%105"
10
-
/ 105
*39%/
40
17/:
13?/4 r
*15%:
16%'.
42 Va
*41-
"•
9%" / 9% "
105.'-
40/
13%.
-
/
13%.
42%
105-
*39 •'
40/
*16!
16%
13% '
9-/4
*105!
"
103'
>1041/a
40'
*106/8
13'A
13'a
.
120 ;
1
39'
*37
16%
40;
107
60
'
13%'
*41
42/
*16v
13%
41'
J
41
*40%
IT!
136%
42
26,666'
100
Volume
168
Number 4763
THE
COMMERCIAL' &
FINANCIAL
NEWi YORIC STOCK
CHRONICLE
(2695)
19
RECORD
-r
Range for Previous
Year 11)47
Lowest
Range since Jan. 1
Highest
.-if pet- share*
,
Lcwest-
,
$ per shdre
■
t per
'
.f
thdre
■
,
Highest >
i
•■■...*'
:/'4t pet 'share
:-
7
50
5'%
102
38
Feb
X-yfiX May
13
48'/2 Apr
Feb
Jan
128
21
"i
■
56
«
Jan
15
i; Aug.,26
*
'8% Mar
3% Sep 20
100% Feb'18.,
' Dec v
;
-45
»■
•
;
,.'■29%'May.
64
.
/ Nov 30; /
"6% Mar l' ';
52%:
130
Jan,
Feb
jFeb
,
x50
;9
17'% May'
10
Nov
147%
5
.
10
■
28%
Dec
22
Feb
13
Dec
13Q
108 %
Jan
97
Feb
10
105
156
Apr
123
Feb
11
140 '-
Feb
22% Feb 28 «*
*18,% Dec 16
197* May
19%
xl77*
32%
21%
Dec
Feb'
Dec
22%
14%
,
Feb
7% May
Jan
16% Jun
Jun
July
,7%
Dec
Dec
116
39% Jun
77'/a
Dec
4Va May
s
20% Jan
•
18% Feb
20
38% July
•' 7,' Nov 22
100% Nov
Apr
74
Oct
8
83
Jan
Dec
14%
35% Mar
19
21%
12% Nov 30.
19 %
May 21
11
Jun
29
28 Va Apr
8
24
1
20
!
7% Dec
31% Dec
July
7%
Feb
"
23
20
*
76% Nov 10
4
Feb
"7% Feb
9
Nov
11
9
Jan
6
Jan
24
123/s July 13
12
Jan
2
Jan
7% Jan
2
225/a July 14
15% July 13
.s
6%, Feb
4% Mar 16
v.
27%
Feb
54%
Feb
34% Dec
Jan
26'A Dec
34%
51% May
7% Mar 16.
30
-
Dec
56
July
Apr
4%
Nov
7 % Mar
Dec
42% Mar
31
66%
Oct
29%
Jan
15%
Feb
10 :
Feb
14% Feb
Sep
Nov
111
.
21% May ;
37% May '
Dec
63% May
Dec".
Jan
Jun
_i__
101% May 26
27 • : May 17,
26
48% July
Dec
101
24%
38 %
88'
34% Feb 10
105
Oct
Feb
i
13
9,
108 % Jun
25,
9
5.%.
78% May 20
Dec
20
9
'3
191%
2Q
Jan
1155 *
May
May
Cleve
May
Dec
Dec
t
18i
Aug
12
8
22%
8;
May
213/4 Dec f
135
Dec
Cliiett
31% Dec
.183
x87% Sep
1
A
& Pitts
>
Jan
453/4 Jan
12% Feb
16
*
V
2nd
preferred-;
10 3/8
77/8
200
193/4
19
193/4
6,200
13%
13 y8
13%
9,000
26%
"26
26%
"25 3/4
26
300
223/4
23
2,900
93;;:'
8
31%
19
313/b
IOYb
10%
IOYb
1,200
10%
10fi/8
10%
IOYb
10%
IOYb
16,300
101/4
"9 Y4
10%
97/b
97/a
500
181/8
18%
18%
18%
181/4
18%
3,100
91/4
V
95/8
9%
9Ya
O3*
93A
2,400
5%
5'/a
: „••' .• s'/
5
'
y
„
>5
51/4
: 81/4
77/b
Vk
33
325/8
26%'
27
263/4
263/4
263*
26%
SO3*
51
"50%
52%
323/4
33%
601/2
663/4
"12%,
13:
V
-
50 3/4
671/8
4%
;/
•■''
323/4
33
67
13
"16
16%
*
i
'
4%
4%
•:>
53
"36
;
"121/4
.
13
51'A
;
323/4
661/2
*
16
•
•
*■
I
/
16
4% A
53 ;
52%
•
/
38
96%" -97
■*
20 y8
20%
203/8
43%
43
43%
53Y8
36 /
:';v
.201/8
253/4
13
.
*7%
25 YB
77%
18
28%
;'
18
28%
•v-
73/4
"76%
"28%
28%
971%:
21.1/4
97 Ya
973/e
'20%
211/4
43 '/a
43%
"28
185
"82
/' 85
255/a
/
10
541/4
13,800
293/k
293*
4,300
.»•(
fi
98
98
160
21
2,600
435/b
44
6,300
40)
28%'
28%
"160
"28%
70
:
~
900
185
"82
1,200
/
29%^
>160
185
"82
.500
75/8
79%
18% .18%
;
29%
:
26
73/8
"77%
18 %>
85.
"82, 1
"2534
>
8
77%
17%
" 185
-
280
36
21
,
x77%
18
"28
"160
17,900
531/2
533/a
1
26
"7%
;/■)
s
85
,
8
11 Va
173/4
"'
185
"82 *-
"253/4;
25s/8
"75/e
3/4.':;,;
400
*41/2
'
"751/2'
28%
"160
437/e
433/8
200
161/4
,"35
29%
73/4
18
36 ,1
i
,
76%
"IT3/;
28 Va
"160
85
.
12%
531/2
283/4
25Ye:
73/4
75%
18%'
185
i
*: 433%;
43
J
2,400
,4'/4
,
5334
:
9,800
66%
12%
53%
20 Ya
,
300
33'/4
66 *
"16
53Y4"
"97
20% :
50%
328/8
.'
28%
97
8.900
5,900
2,800
27
50%
,
4%
"35 ;
8,G00
143/8
35Y8
1
27
533/4
' /
36
;
16,400
14%
16 y8
53%
1,900/
81/8
35
■
;■ v. 41/8
'
53/8
333*
33
531/4
:/ 28 3/8 ^ A
97
:'
■
253/4
■'
.
1
8%
23
14%
16
1,200-
IOYb
35
9.7%
.
1,100
5
10%
137/a
20%
8
37,000
775/8
5
34%
28
78
325/8
(•-' 77
10%
•
333*
■
32 y8
♦.
•
5%
14
r
26
78
100
5%
343*
"121/4.
70,
3.000
27%
5Vb
;5
'
137/B
38
-
323/a
78 / /
,
8
77/8
34 5/e
v
93%
"265/8
27% /
35
28
:
8
77/8
;
"93
93%
"26%
"
•
„
22%
"83*
;
•27%'
31 %
A-'
22
223/g
■-73*
14%
653/4
■'
1,500
195/a
"77/e
79
'
10%
13
8
133/4
"50
.
1,400
131/8
'20 '/a
.
8
343*
10 3/8
347/8
;
300
33%
,
;
323/4
52
"36
10%
8%
27Y8
"25%
85
85
»39i/2
40
109
23Y4
105%
.
f/:; X4:f
Coca-Cola Co
2
;
,
< *
*
1 -24
•
1
105%
105%
403/4
V-
72
$3.50
: 42
.13%,
* 24'yB
24%
5*
27%
!
:*
•
24
;-v
.
"75
5 "
-
138
"70
713/4
"70
"40y4
42
"40%
273/4'
138.
r
,
Monday,"
Dec. 20
■t per share
137:
/
42
13
.
/
.■
■" 5-
24
"136.
*
% Dec
1
"90
1
"138
1
32% May 15
31s* Mfty 12
101/4 Feb
14%
13
'7% Sep 28
Jun
"
*
$ per share
137
61
323*
91
InciY/^o
24- •V;(^lumbla, Gas~System
Columbia
$4.25
Pictures
cum
w
&1-
287/tj Feb 27
16
35% Feb
Feb
37% Apr
433* Jun
4
6
Columbian
Columbus
Carbon
171/2,
171*
18%
"181/2
17%
17 VB
183/4
18%*
9%
11
-
1.1
10%
"93/4
91/4 <
9y4
10
93/4
•Hi*
"93*
10y4
.21%,
22 V8
.22 5*
21Ys.
11
93*
$ per
31%
Shares
136
"1050
21%
■
221/4
10%
/.,
21%
..
"213*
:'••
11
9%
50%
Q
t
;*
1
.
491/2
29Y4
30
30"
37
48%
49
94%
& Southern Ohio Elec__ 10
30
37
par
94%
"941/2
17V4
167*
/
q 3/„
491/4
v
*
11*,'.
IOYb
9
'49
wiuNo par
c
22
,
—
32
31'*
32
91
"89'*
90
!
270
16%
161*
17%
5,600
173*
17%
17 Ya
I?3*,,
3,000
17%
173*
5,700
18%
18%
900
IT3*
17%
"18%
19
"9Y4
10
10
10'*
540
11 Ye
IIY4
ll3*
123/4
950
ioya
10%
11
11
223* ••
22%
22%*
221*
,213*;, 22%
101/4
1
21%
11
107*
;
,
'
107* •
220
J
103*
11
9%
50%
29%
29 s*
9%
9%
.
491*:
,
;
..
-
-
4,200
23%
227/a
227*
3,100
ni*
18,800
103*
10%
8s*
Pit
287*
*
x36'/2
37s*
37%
381.4;,;
373/4
48%
48%
48%;
48
48%
49
95
94%
95
931/4
94
95
17%
i7',-;
17
171/a
173*
173*
;
9,300
10'*
50%
4Q0
" 291*
2,500
29
291*
38
v.
>
*
29%
38%,
29
9%
50%
83*
'
&dQ
491/4
:
473/4
.'.
/
1
223*
#
r
93*
"49y2
371/4
-
6,100
,
187*
11%
22
^
22 Vs.
4oo;
•>
•
"21%
800
,
61%
"60 3*
for
the Week
share
136
61%
/■—
Sales
Dec. 24
.
135%
10
10 y4
>
,300
,i73*
I?3*
11%
11%
221*
....
-
61%
"1050;:
"9i/2
V
10
77
Friday
Dec. 28
9ir X: ',,188 Ye,
IS3*,
16%
15%
177/8
17%
17%
par
Co_!__!.._No
15 5*
17%
183*
4,300
142
"76 *
135%
—
91
153*
18
9%
commoh_i_No>par
preferred
*
2,300
4,300
273/4
"138
'
I per share
v
i
321*
15%
I
«
10,100
5
,
27%.
Thursday
-
61%
32
17%
18 3*
—————
78% Jun
"90
91
-
76
i36%v;
.:.
61%
153*
17%
*11;
135
133*
25%
47'8
PRICES
"1050
321/4
33%
;
r,
"1050
iTya
-
-
l3y4 May 21
15'
20
155*
142
76
'$ per share
■.
X
61%
"9%
v-
Columbia Broad Sys. lne ci A^-,x2.50
"
Class B———;
—^—
;
2.50
:
70
72
42
■
l3»/8
27%
"138
,
753/4.
.
"181*
par
preferred-!.;!!-—-20
Southern'Ry^comJiilOO
"90
91
;
.
15%
142,
753/4,
"
25%
•;
5
27%
f
Tuesday --i;U
Wednesday
'•/"/ *• ?Dec. 21'.'Dec. 22 K
—
323*
33'*
13%
27%
"138
■'
77
"40
25%,
: 4%;.
5
.
271/4.
/■
142 1,;
"751/2
V
61 Va
"1050
__
".%,. ,17% >Li
.
4%; non-cum 1st ttefer-red^iisl-lOO
i7% July 14' W 4%; non-cum 2nd .pretferredi^/2100
30
2,100
"70 1
24%
24%
47/8
281/4,;
'135%
137
61
6iy2
33 y8
183/4 July 15
CbrpFboih-.-No
130
235*
"105 >■ 107
107
.13 i/e
13%
131/b
24
5%
-
27%
•
•"
;/r
131/4
24
<:
$ per share
*
137
"1070
par
24
<3olo-Fuel & iron
5,200
108%
23%;
713*
42
LOW AND HIGH SALE
Saturday
!.//:■ Dec. 18 •-'. ■■■ :
Colonial Mills Inc——j.20
22Y8*Oct* 23
"105
40%
"
108%
23%
713/4
.
"40%.
k
/
'753/4 *7634
76 %
■
■"24%"
5
27/a
27%
"138 /•••' 142
par
223A Oet 22 ■.."/ 5,% t conv
183/4-. Jun-25- W Colorado* &
;
"105
"70
?" >
13%'
13
?
5
l
42
"40%
13%
1
"61
par
108 Y4,,
233/8
107
40
403/8
"103
23%
105%, 105%
"713/4
"70
i-
.
1/
X: Por i
prefefred"!.!^———r^No
A|kman—!^_—^No
'"23
.
40
40%
109
108 3/4
-1
24
-
"40%
.
(The) common^No paT
Collins &
s
18
26% May 21'
40
108
"23%
*
1
.
il*
Colgate'Palmolive-Peet -com—No
2
40%
108
109
24
105%
"70
;
A
is^las
: 39%
39%
"108
295/8
/'Tt^4.
:
•
-
."107ya
,
—100
20
48%
Dec,/
263/8
Jan
23
90
Jan
2
26 3/4 July
4
Jan
xl6
Nov
30
2
% Feb
10
A
2% May ;
94
Dec
25%
.
Nov
■
1233/4 Jan
33% Jan
8% May /
21
Nov
104%
Dec
/
*
Nov
28
Feb
x24%
,
Feb
29V2
Feb
108 % Mar
H Ya May
20ya
9
Mar
Feb
83/4 Nov
363* juiy 12
-
32
Consolidated ;Coppermines" Corp-
10
1071* July
6
11
Consolidated
21
Consolidated Laundries Corp__
5
Consolidated Natural* Gas-——la—15
40% May
54y2
Jan
373/4 Nov 24
51
17
May
121/a May
30
Jan
19'/a Feb
11
28
193/e
Feb
11
Feb
24
8
Va Dec
8
15% May 12
IS3* July 6
10 % July
17% Mar
7% Nov
10".-
Jan
■
'
Dec
383*
99%
Dec
114%
Feb
29% Dec. 23-,,
Feb'
98% July
100
32% May
94%
Dec
48
-
Feb
331/8 Dec
104 V2 July
90,,
Oct
18
363*
;
37%
.
5,800
Dec
Dec
3QVa
Dec
Dec
May/
May/'
203/8
Feb '
TO3* Mar 17
106%
Apr
84% Mar 23
445*
Feb
29% Nov 30
110Y4 July
13%
Feb
55%
Dec
92
For footnotes see page 28..
106i/4 Dec
Consumers Power Co
.
283*
283*
25%
26 y
26
>281/4
28 3*
253/4;
251/4
25%
,'
4i/a
4
221/4
99
22%
"106%
22
1063/4
12
"40"
4'/a
22%
4
22'*
4
<-
"8%
9
/;
21%
22%
"1067*
106 Ye
12%
123*
123*
123*
91/4
83*
8 3*
"8 3*
4
1071*
121/4
9
106 3/4
106
7*. '
"1065/a
106 %•:
40%
39 7*
40
393*
40
39%
40 j
39%
40
20%
20%
20%
20%
20
20
19%
197/e
193*
19s*
ll3/4
11%
11%
11 3/8
11%
11 3*
11%
11'*
ll3*
8Y4
-
,
.
8 3*
391*
19 s*
:
12 3*
.
6,100
25,500
107
12s*
/
,
>11%
.
/,.
4'/8
22'*
22
1,000
800
;•
41*
t
121*
12%
9
■
"83/4
106 3/4
12%
9%
8YB
9
1063*
12
' 9%
1
500
4,400
1,300
83* "
39%
4.600
197*
2,500
•
'■•■
Aircraft-*--—1
;
:^No par
9
:
•
9
/
,
9
9
9
9
;
,
9
<
;
9
;
x8i*
1
•;
r$4.52
5
preferred__-l_>i„i-_No
Container Corp of America
r
9%'
;
9%
9 '**
9%
,
93*
4%
preferred
,*%-100
.Baking Co com__No par
May 15
July 13
$5.50 preferred
Continental; Can Inc
No par
cbmrnork—120
SO3*",
30%
30%
1043/4
.'1043*
104 Vs
1043/4
1043/4
1051/4
par
com—20
30'
105%
"1051/4
1053/4
1051/4
105%
34y8
3.4%
"104
>
94
13%
,"843/4
34
-9.4
86
,
Continental
-
3
13% May 21
64 V4 Oct 26
com
$4.50 preferred ———^.No par
23
y
28 3*
25%
281/4;
"251/4
251/e
9%
9V»,
93/8
:•
■v":a
83/4
9 %•
9'*.
11V4
1,300
1,900
.9
9%
14,300
-A
99
-
1,500
28 3*
28%
25%
:
6%
Vultee
20,400
8%
281/4
Corp__P1.33 V3
pfd——100
Stores 'lhciLlaii.1''
2,900
25%
8%
25%
90 5*
'
17
40
10
48% Mar. 17
Consolidated
MRv 25
92% Sep
Oct. .7
8% Nov
Retail
907/a
25%
281*
92 1
810
90%
25%
«
45,500
;
8 3*
28%
4
3'*
3
31*
91'*
87/8,
4
10,100
V'"
,
25%
25 s*
83/4
4
17%
90%
91 %
251/e
8 s*
■
2,900
95
25
91
25%
8 s*
:
:
251*
92
25%
,
175*
49
17'*
,
95
91 y8
9 03/4
■
:
48Ya
94%
49
,
3
3
3
8s*
2 81/4
Consolidated Textile Co Inc-i*!_10c
99% May 25>
17% July 13
"
HYa
94
Consolidated
3%
25 Yb
;•
35%: Jun
42Va Jan
1
'
-18% Mar 20-
2SX 100%
Sep 27 >
Consol RR of Cuba
Aug 27-
K-\ •••'-■
3()
2*
Grocers
,
3
92
"25
Consol Edison of N Y com!—No par
$5 preferred
:~~No par
12% Jun
31*
251/4
5
xl8% Jun
-
18
3
913/4
'
Publishing Inc___No par
Congoleum-Nairn Inc---jr_!_i.No*:par
Consolidated Cigar_l__i_:
_^No,par
6% May 21
25% July 12
3%
-*
•
,
■
>8%
,
Conde -Nast?
■
3'
-
Commonwealth Edison- Co__->n_25
May 21 /
*:
17
■
CommonwTths& South eom__Nepari
$6 preferred series—L—No par
19
*
commoh_w%!^10
3;60% preferred „—-.X—100
Commercial Solvent's—*-_l-_No par
7
Apr 27'
293* May 14
11% May. 20
5
11% Mar 16
Commercial- Credit
106
8
1033/8 Feb
Feb
15%
16
Dec
Sep-
21
103/4
Dec
Dec
4
7
33/4 Oct
11
Nov
July
*
293/a May 26
30
35%
J
53% July 15
104
14
Nov
8% Feb
Jan
33%
Apr '
4% May
90
25
14%
23% May
30
Oct
115%. Feb
May
20 y8 May
44
60
81
"80 3/4:
,
.-
4%
"52
10%
'"26
,,43/4
275/8
7%
gtd—50
11
-.
491/4 Dec
393/4- Aug
•
4,100
■
33%
16
4%
■•■•/'
33
33
'
stbcki—il^!_i_50
2OV4 Dec
20
Nov
Jan
Mar
50
43/4
'1';
13
16 <:
-
Dec
7%
1057/8
'
36
87
^
RR Co 1%
NEW. YORK: STOCK T
'
'
;
9%,
77/s
807/e
33
9Yb
653A
"12%
38
"76%
^.i^i^_100
:
11
9
22'/2 Feb
303/b May
X
11' tNov
Jan
Oct
"80%
•:••. 8
15.
18'/a
531/4/
1
Feb
Feb /
i2a/4
/
53%
••
■
par
9% Dec
Feb
86'
18 Ye
y
43
^No par
*?■(?■ EXCHANGE 1
-2&%: May
y
'
;
Oct
Dec
1,400
7%
"93/4
33 y«
65%
4y8
52
■
"82
cum
*.
1- 96 •' Apr 20
5
11
Dec
7,103
3,200
23 I/b
no4%
8OY4
93
10
53%
l
—No par
10
Nov
Feb
Apr "
5,700
103/a
5%
71/8/
33'A
223/8
: io.3/4:. 1
'
15
10 r
163/4
5%
227/b
105
104%
"26
1
r.r
10
50 3/4
1
32
.
16%
"160
4%
4Juj&y 8
23
16
11%
7%
/
' 105 7/b
"77/B
*
107/8
101/2
*
.
5
'
533/4
-—20
—
July ,1
Oct
63
200
16%
;
A
23
803/4
31%.
f
5
"96V2
.
5
7%
.
•$ per share
*
2
.
1332
•
32%
32 Va
.
Nov
18 y8
'
■>:
8 'A
275/8
'peabodys& Co com-i—No par
preferred—1-100
Highest T
22
60% Dec
,
16 Vs
*
213/4
18 y8
.
5%
32'/a
'
27%
53%
Clopay Cor.pi__—__i—i—L_il——1
1;
t per share
Feb
17%
7'
•
'■*
_100
stocks
17%. Feb i-
May i?
'
13%
3%
14
"50
!
65%
"i6
Ry. Co com7—100
preferred
*
9 Va
>
933/s
-
ID3*
335/8
''133/4
323/4
65%
."UV*.
MolybdenumL_„-i_i—No par
Clihtpb lhdU5tries;Ihcl!-_£i_!_—11/
./Range since Jan. I
Lowest
18
*
;
33
51
•,.'32%
: "
par
Climax
92% May 20
20%
May
May
May.
•
: "50
5
10
*Feb
46
4%
*8
33 y8
5
20
;
-105 Va July
23%
5
preferred-!—i__ 100
Special gtd 4%-
18% Mar 22"
Feb
•
Jan
56
93/4
327/«
10% Jan
.
36% May IT
147
July 13
137
Nov
65 Va
18%
95/B
—100
35% Jan
*
75% Dec
Dec
t.per share
•
18 Vs
9%
7%
Illuminating com„No
Range for Previous
May.)
is v8
43/4
Cleve; Oraph. Bronze' Co; com——
47%. May 19
27% Dec
X, M Year 1947
Lowest
Highest ;
t per thari
ioy4
-
.——100
$4.5Q preferred
.7
23
23% Nov
Feb
91%
"9%
8%
i'-—-I—-X—-
nohfcum
Cleve Elec
20
,
34 V2 Apr
Sep
40
C; 48% Mar
154
10%
...
105/a
•:
5y8
—
; _^1
C C .C & St Louis
'
.
103/8
—1—No par
Clark Equipment Co
.'•..' 5%
4
-42% Oct
111%. Jun
15
69 % Nov
39% Mar
Dec
17
"105
79% -1 793/Y ''j
9%
Machine- Co.^.10
preferred
City Stores
Aug
5
July 12
Jun
22 5*
13
31/4
,
i8y8
City. Ice & Fuel.*——No par
City Investing. Co commoni—.5
May 24
176
29
4% Dec
May'..
'
...
5y8
10%
com—„_8.50
I T Financial Corp
5.% %
3,900
'
Feb
.
2.
21
27% Mar iq
July 12
Jan
57
C
3
Jan
22%
-
84% Apr 20
22% Nov 30
Dec
Jun
10
preferred!
Cincinnati. Milling
8;
33
9
21
Copper Co
i
22/4
19%
8%
10S/8
,"33
'■■'■4%
9
40
26%
10
163/4
'
■.
-
26%
803/4
5
105/8
1—2;
25
L——1—2.50
Elec
18
500
26
103/b
10%
8
"26
1
313/4
80%
5
"51
Cincinnati Gas &
NOV
18%
5%
22%
•
11
preferred-——ill—_2—100
17
.4
105% Jan. .6.
42%
31%,,
80% "' :
•V: 8y8
Chicago Yellow Cab__—__i__No
293A Jun
Jan
31%
;
No par
vtc_£
Chrysler Corp
35% July
109'
Mar
71
preferred
10
80
8%
27%
"9%
Chickasha Cotton Oil—__——10
Childs Co common.*.,
——_1
5'% %
26%
10
13/8
"93
"8%
■:
103/8
Ch'ie®pck Is & Pac RR, Co—Np par.;
;"A* Coriv preferred series Alii—1;100Y
3
253/4
16%
19%
22 3/8
•
93%
"263/4
11
"
^
27%
.
315/s
1
&, P vtc
Milw St Paul
24
115%, Feb
Nov
(The)^™_—_
65.% Jun
15% Jan..6.
'
..
—____^_1_-__j!_40
Chile
7% Mar
Npv
43%
A
Jun
25% Dee' 21
Feb
95
42
12,200
IOO1/4
132
5%
1
26%
23
23
93
8%
27%
■W
26 V*
26
s
par
1
26
31Ya
313*
1
1001/4
10 y8
123/4
-i,/$3 convertible preference__No
3
75% Dec
8%
5
"80
20
4,600
:i
132
16%
193/8
263/4
18
36% Jan
'
"7%
,
263/4
Feb
Feb
34%
34% Nov
16 Yb
13%
/
23/4 Nov
"
8
20%
12%
263/4
176,
-
8
;
263/4
15'* Oct
31%
163/4
105/8
par
19% Nov
Mar
20%
Jun
33
10%
Chicago Pneumat Tool com__No
19% May 27
4 s* Apr
2
90
Nov
94
May1
1140'
10a/4
"7%
19%
23y8Feb
Feb
11%
12% May ■*
Jun
:»7i/2
103/4
13 %
50% Nov 30
Jan
34%
'
..
Feb
28
4b %
May
141;
11
11
33
May 21
11
30
52
513/4
<
132
":18%
.
105% i.
8OV4'
40
July 22
3»800
138
100'/a
'131
18%
7
*:
33
17
44% Oct
,
31'/a
"99
"
" 18 Vg
.}
80%
35%
!
51%
5%
32%
'343/4
"
2,000
36%
U35
9%
81%
!«
7.
21
,
5%
22 y4
32
"80%
,v
z
14'%
2.
Dec
J
•
72% Oct' 22
Jan
x61%
33%
35y4
Jun
16 3/4,
7
14
42J/2 Sep
31 Ya
100%
10 ye
'105
35%
22
\
53/8
.
Chicago & Northwest com—_Np par
5% preferred——l—i_100
57
10%
Dec
7
105
20 Va
Co
A
18 y*
22 y*
23
49% Mar 20
15%
-.1
41% July 13
23% July 15
495/a July 15
45 Ya Jan
89
7
•
81%
preferred XXX
1—No par
Cab Mfg
—il__;
1.26
Series
2,100
6%
35%
,t
138
513/4
*•' 132
25%
10
10
105
■7y8
81%
:,■•> 5
Chic
523/4
30 3/4
163/4
16%
93/4
105
;"32%
Class B———No par
13% July 13.
15
2 5'/a Feb ,18
140
IVb
preferred___100
9%, Jun .30
13% Dec 2Q
Nov
20'/a
Dec
163/4
,!2oy8
convertible
Class
353/4
"135
"98/2
"131
263/8
18%
19
"i8y8
22%
Chic & East 111 RR Co com-i.No par
3
35%
13Va
32
6s/8
•
22%
Chicago Great West'Ry Co com__50
;
5% preferred
:
50
Chic Ind & Louis Ry Co class A__25 '
Feb
.10%
Dec
26
22%
?i03yz
Chicago Corp
Feb
331/4
34
!
145/s May 21
8%
Feb
14%
X- 3%%
'17% July 14
:
30
Feb
32,
26%
7
31 y8
131
.22%
Chesapeake & Ohio Ry common^-25
.
29
July 13
123*
-
6%
'
v
Chesapeake Corp of Virginia.^
9
12%
32%,
6 3/4
136
51%
100 »/4
.,'12%
Checker
15%
27% Jun
30 y2
131
5
&
90 1
136
535/8
"98%
53/8
par
Copper Corp__
8
11
53%
99%
Products__^____-_j3_/l"
15'* Jun
May
45% Jan
54%
53/8
Sugar Co______9.50
30
.
,
v
136
26%
93%
25% Mar 16
'134
30%
25%
Oct
'
133
12%
1,200
9,300
32
■t
32%
353/4
170
11,300
30'/a "J 307/b
31
•
14,000
26%
'
131 y2,
23%
54%- Jan
85
35 y2
:/
"93 y8
•
23
35%
5%
"2J
102 %
% May
3534,
99%
10
"25 y4
14%
106
'
par
30 Va
Dec
353/4
31.
:
ey8
1053/4
26%
26Y^
6%*-
55
6
>1043/4
26%
■' 32 a/4
•
65/a
'55%
Corp.3.46%,pfdj_100
Jersey-^j-lOO
Pasco
Belt
$4.-50
"32
*
65/8
16%
10
par
38%
107
.16%
_l__„____No
6% May
23% May
13% Nov
8
"18'/8
,
Champion Paper & Fib com~-No
6,
12%
12%
12%
32
65^
14'/a
:
"53
<
105
105
30% /
,
'
'
12%
-.31
6 5/8
30 yB
26%
183/4
26.
/.
Chain
33
30% /
131%
99%
132
11
4% May
8% May
78
de
31
35*/4
30%
99%
14
Dec
27
30%
*
"130%
.
Jan
Feb
125%
"106
>
26%:
26y2-
,
"14
;
6%
Shares
-
267/8 Jun
Jan
96''
■
131
54 Va
100% Jan
12%
23
Cerro
Certain-teed
y
%!
14%
55
6%
for
Sales
Hie Week
"
par
Century Ribbon Mills___^„^_No
May 24
30
"14
"52%
6ye
",105
263/4/
Friday
Dec. 24/;
$ per share
'
Violeta
Central
26'/a
14%
6%
54
16
12 Va
56%
C 54
par
18
,"20% Feb
4% May
2% Dec
12V4:
133
28
5% May
95
1053/4
135
17% Feb
Apr
32
132
90
6% May
.
105%
' ;■
24% Feb
Dec
36
105%
26%
31
' 36
Feb
Dec
3%
Oct
Dec
*
Jan
Jan
40%
:r
1104 %
*
tCCntral RR .of New,
1
"52/2 t 55
5%
Thursday
Dec. 3H ?
f per share
i
Ry CO vtc__—No
Central NY Pr
May 27
"14
55
5%
31 'A
6 3/4
ft35%
preferred series B vtc_-'—100
Central Hudson G & E Corp^_JNO par
Central HI Light 4%% -pfd^-^J-100
8
15
Ga
14%
'53
5ye
>;
12 5/e
31%
65/8
'preferred^'__20
Central Aguirre Sugar ;Co^„i—__5
Central 'Foundry COj,^^.
IXi
1
of
>14
5%
30% "31
v
27
10% May
81%
7% Dec
Jan
30'
Dec
23":
Feb
16
f
"
$ per share
14%..
263/4
*il2%
1
Coj commoni——25
\
-
1
55
31%' '
30 %
%
'. > Dec. as X
f per share- •
.
5Va
26% 1
110%
May
100%
87
263/4
"5
5%
3
39% Nov
Oct
"7% Jan
10% Dec
6
16%
General
(J I)
Central
6
Jun
12%
,20% May
1
8% Mar
108
a
9 '*
,/
•"52%
'
5%' t.
105%
61C4 %
.
•
39
Nov
11% May
.,
513%
'
-
I__No par
l%i 2nd preferredl-i^-Y-Y-—100
Celotex Corp eommonY^
y--No Par
7
11% Sep
l23/8 Jun
96%
22%
.
•'
55
5Vs
$4.75 1st preferred-,:
5
17
Dec
,
n3%. -14%.
PRICES
Wednesday
Dec. 21
tper share
452%
'
' .1 ^
Celanese Corp ,of Amer torn..No par
25
28
11%
,
';
7%';:preferred_^ifi7;,Y-___t-i.-l00:;
•
9
34% Jun
&
Caterpillar Tractor-^——_Y3^.No
July 2
May 21
•
21
:
Feb
'
■'J.*
6% Feb
'10%, Jan
100%
Case
'
15
.'>22% Dec
t
-<••# per ihare
.1
Conv preferred 4%. series„!vw-i;-50
Carriers
2
-<
.5% Dec
.
/:
•
..
SAL*
Tuesday
-
Dec. 20
'
1
8'
68y2Mayl5
Dec
x87
•;
Par
■
.
May 20
■
•
i,
Capital Admin class A common—_f
$3 /preferred -A——^™ia
Capital: Airlines Inc
—1
.
22
43'* Jan-
35 y8 Dec
Dec
158Va
Dee/
49% May
•30
Oct-
7% Feb""
47
*132,
s
If
.
"
Jan
,
■*;{ X-V -7/ it.- •
- -
Monday
Y:
,
"
Vs May
i
I
*•" .f. I- '■*
1.
Dec,', 18
110% Nov
5'
Carolina clinch; & Qhip: p,y^_.i_100
V
'39% Jan*
26%. Dec?|o > 32:/-July 28 • Ca'roiiha power &'Lf£ht—+—No par
.50% Feb V \30
41% Jan 12
*
Dec "17
Carpenter Steel Co_—<•
'_!„i5/
21 »/2 OCt
12 % Dec 10
'-19% May 21 ; Carrier Corp. commqtt-i—4I1—__10
Dec •"
,,V 35% May.:;
.
it
•
Feb-
57 V2
15%
Nov
27,
c •
14%
Apr y
May,
Dec /
?
LOW AND HIGH
Saturday
EXCHANGE
■
-
.
It*
;.;• -stocks'
-i.v«4v
NEW YORK STOCK
,
31%
34 Ya
301/8
34%
34
297*
104
r
30
29'/a
,•
"105%- 106'*
33%
34
29%
29Ys
31
3.400
,
120
104%
104%
'
,
105
104%
104%
106%
106%
1053*
1053*
210
33%
33 Vb
33 s*
2,500
95%
"94'*
95%
33%
"94'*,
;
"94%
95%
"94'*
95%,.
135*
13 5*
13%
133/4
"133*
137*
13%
IS3*
13%
863/4
863*
87
86
86
86
87
87 \
87
31%
321/4
31%.
20
133*
"853/4
"94
13%
31%
31
96
'"
.
32
313*
32%
96%
"95?*
96%
96%
96%
87/e
85*
83/4
83*
83*
593/i.
593*
r
31%
32%
\
31Yb
2,900
600
t:
; 16,100
33%"
•
„
$3.75; preferred i.i-*-l—l_w_No par
J'ibr0!!!_lj.-5
PoTitinpnt-sT
Continental Insurance—
XCL
"95
96%
«
"95
"96
963/4',
*
8%
Cf>3/,
87/a
83/4
..59.34
59%
>
.
59 y4.
59
~
ea-
8 3*
60
v.-
83*
60%
"96'*
83*
60
96 3*
83*
61%
100
-
1,100
2,50a
'
Year 1947
#„.w,
Highest
Jboiwwt
35
43
12 Ma
Feb
19% Mar
55
Dec
Jun
14
Cooper-Bessemer Corp common
5
$3 prior preferred.;.—.:
No par
x49% Mar 17
55
July 12
11
Oct
13
42 M2 Mar 24
1
15
Cornell Dubiller Electric Corp^.
12 M» May
20%
Feb
9% Nov
10
15% Jun
51%
Deo
61
Jan
50
Feb
13
67y4 July 14
18 Mi
Dec
32%
Feb
18
Nov
10
88%
Dec
105%
Dec
105%
28
23% Oct 15
97% July
1
98
July 21
66% Mar 24
88
Nov
88
Feb
Oct
86
Jun
3
Jan
56% Dec
1
Aug
164 Ma Oct
18
8M4
Jan
3% Dec
1
2%
Dec
4%
Jan
1% Dec
16
3% Feb
26 Mi May
Dec
40 M2
Feb
13
39% Jun
14
,
94% Aug 31
98M2 Jun
Feb
107
Mar
11 Ma
Dec
16
Oct
22 Mi
Dec
30
&7
«
<
29
8% Dec
5 Mi Jan
13
22
Jan
2
13
52% Mar
36% Dec
23
Apr
34%
Oct
23% Dec
22
34% Jun.
98
Dec
108%
Feb
91% Feb
24
105 Ma May
22 Mi May
,
130 y.
Oct
95
Dec
9
37 M4
96
<
Dec
66
65% Dec
1
78% Jun
2
34
Jan
17
25
Dec
3
12% Feb
11
165
Jan
Jan
12 Mi
101
82% Dec
113%
56
Jan
,
Feb
27 Ma
Oct
6% May
r
21
23
Nov
Feb
129
Dec
■
70
»
Feb
,12 Mi
147
Jun
>
4% May
12% May
68 Ma Dec
Mar
:
19%
Dec
24%
*
177
Apr
7% Dec
155
Sep
Mar
••
21
12 Mr Nov
29
15% Dec
7
Cuneo
150
61
Feb
4% Feb
11
18% Feb
13
28 y4 Sep
132
Apr
:
Jan
133
137
27
1
2
July
*
30 Ma
Feb
21% Mar 16
19% Aug
90 Mi Nov
26%
Sep
19
Sep 28
30% Jun
10
97
Sep
85
Oct
8
94% Juh
24
*95%
18
18 Mi
18 Mi
37 Mi
-
243/4
*95
^
22
213/s
*66
27
27 Ma
*160
8%
22 Ms
18 Ma
18%
37
36 Ma
36 Ma
3 73/4
373/4
24%
24
24 Mi
95
13
*12 Mi
••
*68 Ma
,
*17
:
'
95 :
22 Ma
<
213/4
*17
17%
"/
!'
.
48'%
4
.
7
Mr
48 Ma
-7%-
,
7Ma'
-
223/4
-
*132-
23,
:
23%
-
26 M4
*26
26%
21%
21%
86%
86%
,*86%
V
'
140
26 Ma
1,166
22"%
26 Ma
11,000
D
•
'
M4 Dec
2
6
14% May
23%
Oct
14% Deh
13
17% Jan
IIVa
Jan
24%
Oct
18% Feb
14
28% July 14
24
Dec
35 Mi
Jan
24% Feb 25
82%
;
:
20% Jan
24
13
Dec
101% July
82% Nov 16
84
101% July
20%
21%
*86%
87%
*14 Ma
15
20
1
_7
100
*14%
Corp common
"3% %
5%
Jun
17
94 "
Jun
—
(The)
Chemical Corp
10
84
Dec
12%
Sep
23 Ma
Feb
8% Nov 30
15% Jan
5
Dayton Rubber Co__
11
Sep
20%
Feb
8 Ma Sep
24
13% Jan
9
Decca
33
Aug
45%
Oct
Dec
1
May
46%
Oct
31 Mi Dec
Dec
38 Mi
31
29%
27
20
13% May 24
—100
Delaware Lack & Western
50
Denver & Rio Grande West RR
Escrow ctfs for com
100
Escrow ctfs for pfd
—100
Detroit Edison
1
20
Detroit Hillsdale & S W RR Co__100
Detroit-Michigan stove Co
1
Detroit
7%
34% May 24
29% Feb
5
38% Jan
20
50 Ma Jun
24
Feb
7% Feb
11
13 Mi July
12
11
39% July 15
19%
Dec
14% Feb
44 Mi
Dec
32 Mi Mar 16
58
20%
Dec
2 7 Ma Mar
20
Apr
9
21% May 17
59
Aug
62 Ma
Oct
56
Dec
2
60 Ma Jan
10% May
17 Ma Jan
13% July
8
Ma Dec
13
16
July 15
9
26%
Oct
22 Ma Mar 18
26% Oct
23
22
Jan
11
Dec
22
16% Jan
10
20% May
31%
Feb
19 Mi Dec
20
28% Jun
2
35%
Apr
47
Jan
35% Mar 12
42%
Nov
50
Jan
38
17M4
Dec
24%
Feb
11 Me Dec
liy4 May
18%
Jan
13
15%
19Mi
Oct
13% Dec
Dec
25
Nov
41
Distill
Divco
19
56
Apr
21
Dec
1
23
Jan
5
Feb
13
40
Jun
16
11 Ma Nov
22
19
Feb
24
Dome
Feb
Oct
29
Jun
45% May
76
Jan
Nov
47
32% Feb
29
67% Apr
Sep
20
50 Ma Oct
22
Dec
114%
Feb
97
Feb
6
106% Jun
15
91%
Dec
104%
Oct
90
Feb
13
106% Oct
22
xl8Ma Nov
29
31 Ma Jun
21
14
23
Dec
Dec
98M»
May
80
42% July
Feb
Dec
21
11
18
May
197
July
115%
Dec
129
M4 Aug
92%
Dec
107 M4
Sep
Sep
14
115 Ma Jun
Dec
110%
19% Mar
188% July
Mar 18
164
113% Jan
11
11 M» Dec
24
Highest
# per share
S per share
I per
*233/8
233/4
2,100
3,900
113/a
18 % Nov
30
25% May 27
Eagle-Picher
24 Mi
Apr
i°% Oct
11
Eastern
12% Dec
10
20% May 18
19% Nov
1
14% Dec
51
Jan
12 % Dec
23
223/4 Jan
Eastern
42% May
48% July
38 Ma Feb
10
46% May 15
163
Oct
157
Sep
27
31
198 Ma
Dec
Dec
10
14 Ma Dec
24
8
42
42
41 Ma
*41
43
11 Ma
11 Ma
11 Ma
11 Ma
11 Ms
15%
15%
15 Mi
15 Ma
153/a
14
14
14
28
27%
13%
14
27%
273/4
*27 Ma
28
*27 Ms
473/8
473/8
47%
*47
10 Ma
10 Ma
10%
10 Ma
30%
31 Ma
30 Ma
31
31 Mi
Jun
17
33% Dec
1
175
6%
18%
25%
Dec
88
Dec
27 Ma
lllVa
8%
15% Aug
104
•
V
1
•
Dec
4% May
-
92 Ma Jun
Feb
17
16 Ma Jan
Feb
92
Dec
15
Feb
5
Ma Jan
5
36 M4 Nov
10
Feb
13
65%
Feb
10% May
33% May
16%
Feb
:
3%
Sep
32% Feb
Jan
1% Nov 10
13% Feb 11
19%
Feb
171
Dec
156%
July
Feb
Jan
47
11
Jan
Dec
135%
82
39%
11% May
-145
Mar
57%
Oct
>
24% Mar
19
Dec
8%
63
56% Jan
9
13% Dec
16
9
Dec
8
11
*6%
Dec
12 Ma Jan
Jun
3
El
20 Ma July
6
101 Ma
101 Ma
102
102
*104 Mi
1043/4
104
104
•
v
-
n
48
48
''101%
*101
i,—No
A_
*104%' 1043/4
193/4
47 Ma
inlb4%
193/4
*101 Ma
*
105 Msr
1
.'48%
48
48%
i'01% 101%
-
193/4
-
Ma'"-86 Ma
*83
*12%
12 Ma
"*83 y2
105 Mi *'
19%
83%
83 Ma
12
12
12 Ma
12 y4
12%
*119 Ma
120
179
115%
115
97
*115Ma' 116
1st pfd——100
5
11%
11%
*11%
Ma
115
115%
*11%
24%
Jan
8
Jun 10
6M2N0V
4
Ma Jan
5
Feb
11
50% Feb
11
16% July 12
65% July 15
14
68% Apr
59
Feb
Sep
4Mb Nov 29
9 Mi Dec
20
7% Mar 17
Oct
34% Dec
18
13% Aug
3y2 Dec
21
For footnotes see page 28.-
9
Jan
100
com.2
:
u._
Paso
Amer
5
No
40 Ma
«
18%
par
par
par
*203/s
1%
2
19%
20%
*49%
153%
*153
140
153 Mi
*137
*137
50 Ma
__15
*13%
—50
*543/4
5q
45 Ma
*45
12%
3l3/4
323/a
■41
V 40 Ma
•403/4
■
34
*33%
2
143/4
41 %•
20
203/8
20
20 Mt
2
'
153
*153
' 139
*138
140
50
50 Ma
133/4
14
20%
20 3/4
20%
55 Mi
57 '
57
14
45 Ma
*45
*66
66 3/8
66 Ma
66%
66 Ma
14
13%
14
13%
14
14
13%
14 Mi
14 Ma
14Mt
14
*14 Ma
14%
If Ma
14%
*30 Mi
31'
31
313A,
*99 Ma
*56
5
5
4
1
:
Exchange Buffet Corp
;
66
Ma
Ma
9 Ma
4
93/8
9
9
3
2.50
*4 Mi
12%
66
-4%
9%
83/4
-
*34 Ma
66
4%
3%
9
8 3/4
35
/
3 Ma,
1Mb
3,000
400
59
45
Ma
1
1,100
67
133/8
13%
4,300
J 4 Mi
145/s
3,000
15
1,900
*29 Ma
30 Va
1,000
100 Ma
lOO.Ma
*14%
15
293/4
102 Ma
2
.
160
4%
*4%
5
1,700
13%
13%
14
13,000
56
57 % /
*56
66
61
900
80
63
4
Ma
4%
4%
4%
4%
4
3/a
3,600
9%
9%
93/4
93/4
9 Ma
9 Ma
3,200
:
8 Ma
4,800
•'
8%
8%
3%
'
•
*3%
9
35%
35
35 Mi
'
4
55 Ma
*61
400
9%'
9 Ma
4
66
,
"
4 Ma
4%
9 Ma
' 13
55%.
*61
'
"
4%
35 Ma
12%
13
55 Ma
55%
55 Ma
*61
4%
4%
4%
12%
123/4
13
56
29 Ma
101
*100
4%
14 Mi
*100
1,300
600
603/4
13%
14%
143/4
"
13 Ya
*56
663/4
13M4
30%
•
'
34%
34%
4%
56
56 Mi
•
*61
43/4
*14 Ma
*293/,
99 Ma
x99%
101
*61
13
12"%
100
50
4%
14 Ma
700
153 Vb
,140
503/4
*45
Ma
14 MI
•
30
14 Ma
57 '
6 6 Ma
14 Ms
14 Ms
200
6,500
15,500
13%
21
57
66 Ma
21%
20 %
21
45
153 V4
*50
14%
*45
45 Ma
14
x29 3/4
'•
503/4
'
25
Eureka Williams Corp
Evans Products
Co_
*50
*
66 Ma
4%
1,600
2
*138
*13%
21
55%
14 Ma
No par
common
140
14%
*13 Ma
14
*45
153 Ma
503/4
503/8
Ma
14
43/4
14%
34 Ma
2034
21%
!
56
45 Ma
1
2
*138
-
66 M2
1
14%
*33%
M4
2
*152%
153 Ma
138
50 Ma
14
34%
21%
•
lo
preferred series A
Pittsburgh RR Co
xl%
■
151
20 Ma
100
3,400
11.000
7
7 Ma
40 3/a
>41%
1
30
Ma
41%
•
'
5
Bldg
403/4
3,700
10 Ye
97
'95
7 Ma
14 Ma
13%
100
10%
30
.
91
*89
95
*33%
4
common
'
35 Ml
3
y
11 Ma
r
100
Gas
&
91
11 Ma
2,400
2,200
14%
7%
140
*45
14 Ma
95
1533/4
*543/4
14%
91
21
60
164
31%
>7'
1%
1%
2
2,700
16,400
31 %
14 y4
14
34-
-
1,400
13
43
32
14%
14
13%
•
1,500
15,500
13 Ye
*162
163
'
14
17
12%
■
33%
18 Ma
-
/
•31%
94
6%
■6%
6%
Shares
'
94
94
*91
>
the Week
42 Mi
\
123/4
11%.
11
11%
11
Sales for
13%
42%
313/4
92
*89
92
*89
12 Ma
163
163
143/4
143/4
143/4
14%
11
162 3/4
163
32
32%
M4
80
700
16%
I
14 Ma
42 Va
1
12%
42%
'
18 Ma
16%
*14
14
20
20 Mt
56
'
*49%'
14
*19%
44 Mi
16%
'
share
f per
18 Ma
16Mb
183/4
x41%
123/4
44
40 Mi
33%
1%
12%
393/4
'
13 Ma
43%
*162"
!
16
Ma
13
63/4
*133/4
&
Eversharp Inc
Ex-Cell-0 Corp
40 Mt *
143/s
63/4
7 Ms
■
10
14 '
20% May 17
11% Jan
5
;
63/l :
14
14
700
.
'
11 Mi
Friday
t per share
"
94
*90
94
*90
■<
14
4%
RR
10%
16
183/4
19
15%
'"
91%
*89
-
11
36
shares..
Endicott Johnson Corp
5%
88%
14
Phonograph
Empire District Electric Co
Erie
14%
15
88%
*10%
*34
Electric Mfg Co—
preferred
Equitable Office
-32 Ma
3
1—No
i
No
Natural
-
18%
19
'16 Me
164
*162
323/4
*14%
100
1
(The)-—.,
43 Ma
323/4
1
12%
43 %'
,
164
*162
100
*14 Ma
13 Ma
43%
10
15%
■
143/8
14%
*13
2.50
Co__
15%
15%
■
-10
common
Erie
49% May 3
7% Mar 30
'
-
"18%
18 3/4
18 3/4
1
97% ;
116
Dec. 24
Dec. 23
# per share
t per share
11 Mi
11%
•Thursday
Dec. 22
„
115 Ma
115%.
11%
500
121
120
*97 Ma
97%
J15 Ma
.
Wednesday
Dec. 21
share
Va
11%
SALE PRICES
Tuesday
J per
121
973/8
'
LOW AND HIGH
I per share
120 Ma
11%
Dec. 20
10,900
97%
115 Ma
Monday
183
120%
11%
Dec. 18
1793/4
973/8
115 Ma
Saturday
12%
12%
180
Ma
900
12 Ma
2,000
179
11%
400
85
*84
13
123/s
,
7,600
12 Ma
1783/4
119 Mi
*96 3/8
1,600
Y
20
*12 3/4
120 Mi
1793/4
119 Mi
97
104 M4
12 Ma
123/s
120 Ma
96%
<97 Ma
*97
'
500
102
19%
83 Ma
*12
178 Ma
13
180 Ma
172
171%171%
*119
.
"'
20
*12%
12 Mi
83 Ma
83%
12
86
7,600
-
102
.
19%
3,300
4
103%
,
19 Ma
19%
83 Ma
>
'■i'19%
'19%
13 Mi
*12
13 Ma
i-
102
105" •
T
"
20
No par
No par
common—
Emerson Radio
9,300
13%
43
conv
Emerson
15% July 9
16% Aug 27
104
Feb
50%
76
27
9 Ma
5%
3,800
49 3
preferred
preferred
6
97
Feb
Co
5 M2 %
Oct
Apr
4
Elliott
32
13%
Elgin National Watch Co
49
Mar
Mar
6
31%
31%
4 7 Mi
Electric Storage Battery—No par
74% Jun 14
34
Feb
Ja'fl
27% Jun 14
23
*25% Jan
-
2
17
3,600
49 Ma
preferred
10
11
133/4
Electric Power & Light com..No par
49 Mi Feb
150
10 Y4
47%
preferred
29 Ma Dec
Feb
7
Ind
$6
Jan
13%
10% Nov
32% May
23% July
Elec & Mus
500
10 Ma
50%
preferred..
$7
12% Feb
85 '
NOV
7% May
>17% Dec
2% May 24
Convertible
26
Oct
12%
10
49
47%
common
21
Dec
67
Dec
373/4 Jun
Electric Boat
*47 Ma
48 Va
48%
common
Auto-Lite
Electric
Oct
4% Deb
47% May
1
21
Oct
9% Mar 18
3% Dec
Jun
1,500
26 Ma
47%
Co
Nut
147
59%
107
1
16 Ma Oct
14
26 Mi
133/8
10
preferred
Stop
166
17
19%
56
4Ma%
Elastic
11
Aug 19
55 % Feb 13
38
2
12
10
45
11% Dec
27% May
102- May
Jan
8% Jun 24
14
493/4
Inc..
Co
Products
14 Me
13 Ma
preferred
4M4%
8,000
51 Mi
Edison Bros Stores Inc common
Ekco
15 Ma
133/8
Manufacturing Co new
Feb
x55
46% May
9% May
106
1
15 Mi
50 Ma
common
123% Feb
139
19% Nov
15%
19% May 17
8
10% Dec
50% May
'
2
1
Feb
Feb
109
2,000
13%
1
>
Ma
52
preferred
Eaton
11
27.Ma
31 Ma
31%
11 Ma
15%
10%
10%
10%
400
11 Mi
*47 Ma
48
400
43
*41
13%
Stainless steel Corp——o
Eastman Kodak
39 Ma
41 Ma
51%
Co
Airlines
Eastern Corp
20
3 9 Ma
*39
-
25% Aug
Nov
193/4
39%
19%
39
13%
Far
Jan
20
19 Ma
39
513/4
t per share
16
11 Ma
19%
19%
39
13%
YORK STOCK
EXCHANGE
19%
11%
113/4
51 Ma
NEW
Highest
share
233/,
19%
STOCKS
Lowest
*233/8
13%
Duquesne Light 5%
Range since Jan. 1
Year 1947
9Ya
513/4
DWG Cigar Corp
Range for Previous
Lowest
9 Va
39
28 %
31 Ma
9%
11 Ma
11
ii%
2,800
9%
23%
*233/b
24
400
61
*58
61
16,900
Mi
9
9%
9 Mi
11 Ma
61
*58
61
Y4
13%
series
series
$3.50
2
203/s
20
27
No par
common..:
15
$4.50
Preferred
22
46
20 Ma
513/4
(EI) & Co com
Preferred
Jun
4 7 Ma
20
*273/4,
No par
3
15% Jan
116
111% Aug 24
47%
20 Mi
153/a
31 MI
9,000
2 7 Mb
47 y2
14%
5
2,000
20 Va
Ma
47
x20
14%
103/e
6.200
47%
26
47 Ma
15 Ms
10%
28
83/4
153/a
No par
6,000
263/4
13%
47
2,100
9
85/s
13%
*47
39
83A
9
113/4
*39
313/4
39
.
323/4
26 Ma
15 Mi
46%
39%
*58
2,300
28
32M4
313/4
19%
11%
Corp
Du Pont de Nem
9
99 "Ma Jun
8%
313/4
'39
5,100
93/a
27 Ma
/
32
40
19 Mi
11 Ma
2nd preferred-
17
124% Jun
28
Feb
94
39 Me
*58
12
*11 Me
11 Ma
11 Ma
Duplan
12
12 Mi Dec
39 Ma
20 Mi
42
May 20
Feb
Nov
313/4
*313/4
*233/8
42
May 15
19
July 16
32 V*
9 Ms
42 Ma
98
20
31%
83/4
23%
9 Me
•
2
Jan
313/4
26 Ma
9 Mi
*23
233/4
11 Ma
par
:^.No par
Dresser Industries common—.—50c
3%%
conv
preferred
i—100
Dunhill
International
1
17%
10% May
14% Nov
173
83
31 Mi
—No par
$4 preferred series
$3.25
9 Mi
i
No par
Ltd
Mines
Douglas Aircraft
Dow Chemical Co
15
9 Ma
*23 V*
2
2
—
32 Ma
.
100
3,300
9%
9Mb
9%
27 Ma
47
61
*41%
Dr.
36%
98%
''
A
*"
"
93/a
8%
•
9
8%
20%
*57
62
*57
92
.19 Ma
26%
47
20 %
20 Mi
*91 Mi.
9%
32 Ms
8%
r-25
Pepper Co
:
Doehler-Jarvis Corp_„
39 Ma
20 Mi
92
.27 Ma
39%
26%
47
47
6,800
92
9%
4
*46 Mi
2,500
26
273%
39%
8%
253/4
19 Ma
25%
93/8
*3P/4
'
26 Ms
9
25%
No par
9
Class
*8%
1
46% Dec
34
40
193/4
Ltd
Corp-Seagrams
Oct
21 Ma
32
39 Ma
40%
Corp
55%
Dec
32
40%
19%
Car Co
T Motor
25
28% May
16 y4 May
32 Ms
40%
No par
common
Dixie Cup Co common
2
Jun
*31%
*39 ■>
preferred
partic
Diamond
26
20% Oct
Match
323/8
31%
100
.
16
*91%
.
27 Ma
•
400
13 Va
92
*91M.
9 Ma
9
9
10
28
-
>
; *14 Ma
19 Ma
28 Mi
283/4
60
87
87
13'A
;
25 Ma
91 Ma.
92
9%
10
9%
92
*91 Mi
22
.
V
16
/ 25 Ms
92
8%
9
8%
*91%
*91 Mi
92
28 '
92
*91 %
92-
31%
5
Sep
10
19%
6%
xl9% May 21
13
19
253/8
12.50
Raynolds class A
Diamond
July 29
19^ May
18
19"
25 Ms
.
v.
13%
19
19 Mi
25% ••
32%
1
Corp
Vilbiss Co
De
10
Jun
46 Ma
21
Mar 17
Steel
Devoe &
46
13
preferred
40 M2
May
May
49
Feb
common
Delaware & Hudson
6% May
Oct
Co
&
88
*14
'
19
'
"
32 Mi
Deere
Ma Jan ' 2
46
22
Deep Rock Oil Corp
15
16
*14
22 /
713 Ma
25 Ms
•
8%
No par
Jun
14 Ma
19
*91 %
1
42
88
Ma
25%
*91%
92
8%
1
50c
Inc———
,21
*863/4
22%
,
*86%
■5 *13
•<
14%
14%
15 Mi
22
<
.
14 M4
19
9%
Records
88
25%
92
*91 %
22 ;
*13%
15
-•
*14%
'.
28 Ma
25% May
A
25
9%
Feb
10%
153/4
•19%
•
92
-50c
*14
V
28 Ma
45 Mi Mar
32% May
5% May
19
2&'
Dayton Pwr & Light common
Preferred 3.75 % series A_:
Preferred 3.75% series B—:—100
4
94
preferred
conv
Davison
31% Aug
Sep 27
1
pfd series A—,—.—100
Davega Stores Corp common:—2.50
Dana
80
1,200
1,200
23
23;:
*132
263/8
Y
18,500
•7 Ma
7%
'•
140 V
r>263/8
26 M4
1
•
48 Ma
48
23 Ma
:
"
10,300
•
125
125
■7%
23 Ma
*1321
7%
"
48%
.\:l'%
7%'
17%
127
>48
140
:;>2oo
7 Mi.
73/B
7 Mi
*125
•
100
12 Ma
*17 Mi
17% >
68 Ma
*12%
'
12%-
23%
.
26
'
'
48%
*132
140
■
127
125
8,600
8
.73/4
*65
\
; 68 Ma
42%
7 Ma
7 Mi
7 Ma
.
4,100
178
'
*17
12%
130
14%
14 Ma
*160
7%
73/,
,.
*65
68 M4
27 Ma
*27
V
•
500
66 %
Ma
66
178
*.<
.
20
2,900
"
-14%
143/s
*160
7%.
.
*65
12%
21%
27
.27
110
22
"
67
*66
*;'•
178-,
7%
.
•'>'*
13
127
'
26
26 Mi
95
-21%
*160
,
-17%
21%
26%
No par
*94
21%
700
8,800
98
*95
95
f
140---
*132
,
■
■
8 Ms
48%
..
23%
/ 22%
22%
140
•
66%
7%
V
7%-
73/8
7%
7Ma
-
*132
49
*48%
48 3/4
48%
-94Ma.
2,000
"
.98
21%
178 •'•••
*125
*95
14% i 14%
.
*17
■
—
24
900
"
95
27
*12%
126
125
130
!
66
68 Ma
;
1
*.
24 3/a.
14%
v
8
.
v~
17% •
7%.
•••
7 Ma.
7%
7 Ma
*125
69
*12% ; 13
-■
17%
*17
■<
*160
8%
8
8 Ma
69
•.
1,400
8%
22 Ma
66
14%
1
178
*160
178
8Mb
*68.
15
15
*95 Ma
9
■'
,
■
91%
97%
18%
27
*
15 Mi .->15%
'
66
7,900
*95 Ma
,
27
*26%
31%
23
233/4
213/4.15
66
66 Ma
*26 Ma
-66 Ma
•; 2i%
21%
1,900
303/4
18%
94Ma
96
■
•
■
1%
30%
18 %
94 Ma •'95,
V
1%
8%
24%
*95
4,500
3%
22 Ma
9
*36%
37
24%
..
96
-
-
36 3/4
i
95%
953/,
95 Ma
-98
66%
37 Mi
24 Ma
37
243/4
3%
173 Ma
23 y4
8%
18 Mi '
•
173 Mi
80
23 y4
.
23 Ma
18 Ma
6,600
18 Mi
9Mt
.
97%
*95%
97%
*9
9
23%
*26 V*
.
5
Inc.
Cutler-Hammer
x31% May 26
18% May
98
31
30 Ms
23%
*21 %>
NO par
No par
Curtiss-Wright common
*
1
Class A
1
1
Cushman's Sons Inc 7% pfd
100
12% July 21
Dec
31
10
58%
58%
2
30 Mi
30 3/4
30
92%
3 Ma
*1%
2
•
90
95
*91
174
3 Ma
3 Ma
1% '
.
2,100
,
*93%
Ma
59 Ma
173 Mi
17 V'
3%
1
23%
*95 Mi
preferred j.—
Prior preferred—
May 14
6%
21 Ma
<
2
*95
$7
2'
Aug
3 Ma
1%
24%
100
10
-100
Inc
Press
3%
37
100
pfd
non-cum
*173 Mi
174
*173 Ma
1%
-18 Ma
Cunningham Drug Stores Inc—2.50
Curtis Publishing com——No par
13
13 y4 July 15
17
6%
RR
58
23%
Corp
7% preferred
J
Cudahy Pacicing Co common
4% %
preferred
4
July 30
17% May 18
Mar 11
48
Jun
Zejlerbach
58 Ma
58
*23%
2.50
6,400
19
92
'
94
*91
35/8
9
203/8
■
92 Ma
173 Ma
*95%
19 Ma
52
52 Ma
*91
2
9
52 Ma
240
92
3%
98
10%
523/4
18 3/s
*173 Ma
y2
10 Mi
523/4
94
58%
180
10 Mi
18%
2
9
"
*49
483/4
10 %
94 Ma
58%
160
49 Va
48%
18 Mi
*91
1,000
2,000
10 M4
*93 Ma
3%
*95
Cuban-American Sugar common-.lO
9
88
24% Jan
1
Feb 11
•
122% Feb
Cuba
13% May 21
;
Xl6-
C
'
-17%
Dec
14
l7y« Aug
174
30
17
19 Me
2
30 Ma
16%
93 Ma
3%
..
Jan
Oct
165
1
Feb
Jan
*172%
No par
com——-5
$4.20 preferred
No par
$4 2nd preferred
NO par
Crucible Steel of Amer com-_No par
5% conv preferred.100
28% Jun
34%
58 Me
30 Ma
17
1,100
,
48
*51%
'
54%
18%
58
91
,
16%
48
51
v
54
93%
18%
'93
57%
preferred
$2
29
121 Me
(The)
51
51 Ma
,
543/4
16%
,10 Ma
10 Ma
10%
91
58%
1
2
America
of
Cork & Seal com—
Crown
NOV
May
51 Mi
;
18 Ma
100
preferred
of Wheat Corp
Crown
21
13% May
22
*
51
92
1
Jun
10M4
*9.1
103 % July 14
129
48
10 Ma
-,
27%
*54 Mi
16%
48 Ma
*48
48
10%
%
18 Mi
3% %
Dec
'
48
10
15 Ma
27
4,600
56 Mt
15%
27
27
543/4
*54 Mi
17
163/4
16%
93
Creameries
41
.
*46%
16 Ma
16%
18%
'Cream
25
v
*16%
93%
26 Ma May
10
Steel
*50 Ma
27
46 Ma Mar
6
17 M» Nov
543/4
15,500
8Ma
55 Mi
153/a
*15
27
27
263/4
*92
2
15
24% Dec
Mar 18
x21
Jan
Mar 19
177
26 3/8
54%
preferred
.
100
Cum pfd 3Ma%
ser of 1947——100
Corn Products Refining coin
25
7% preferred
100
Coty Inc
1
Coty International Corp
1
Crane Co common
25
2
75%
195
Dec
27
.'543/4
3%%
Dec
Sep
*26%
*54 Mi
Corn Exchange Bank & Tr Co—20
Corning Glass Works common
5
4%
61%
170
26%
54%
1
Nov
49
Copperweld
22
26%
15 Ma
8
8Mb
56
55 Ma
56 %
15 Ma
.
8
8Mb
8
15
*54 M4
5
50
Co common
Convertible pref 5% series
2 1Mb Oct
15 Mi
15
55 Ma
56 Ma
15
15%
*15 M»
14
Corp
56
Shares
$ per share
I per share
for
Sales
the Week
Dec. 24
Dec. 23
,
I per share
8%
8Mb
56 Ma
56 Mi
56 Mi
'
$ per share
8 3/8
8 Ml
8%
8 Mi
,
56
Continental
33
Feb
•
16
9
Feb
•
Steel
1
„
Delaware—:—5
of
Oil
19% Apr
Mar 16
17%
Dec
18
Continental
69% Jun
11
55
Jun
44
Oct
14
Continental Motors
Dec. %'i
Friday
Thursday
Wednesday
"-Dec. >21
»
<
$ per share
9 per share
Par
24
Dec. fc0
Tuesday
Monday
Dec. 18
.-*r
.
share
10y8Jun
27
46% Feb
19
May
Dec
27 Ma
Apr
>14ye May
Feb
55 Va
Apr
12 Mi
Feb
6
12%
6% May
I per
I per share
"
EXCHANGE.",
.
Saturday
STOCK
YORK
NEW
•
Highest
Lowest
..
t per share
.11 per share
Range since Jan. 1
,
HIGH SALE PRICES
LOW AND
STOCKS
Range for Previous
Monday, December 27, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2696)
*
4
1
8 Ma
36 Ma
3%
3%
8%
8%
353/4
Ma
36
2,300
*3Va
5
600
35
•
Volume 168
COMMERCIAL
THE
Number 4763
FINANCIAL
YORK
NEW
"
1
Year 1947
'
•
'
STOCK
Monday
44
-
May
25
,
Vi
g per share
Jau
60
Jan
31%
Feb
54% Jun
20
Apr
„
May
~9%
Feb
5
D tec
14%
Dec
11
Feb
20
May
42%Mar
35
% Feb
11
Dec
23'A July
16
16%
9% May
19
2ft
20"% Feb
10
Dec
Feb
9
99 Va Jun
24% Sep
26% Jun
69% Oct 26
Feb
53% Feb
61
Feb
42
28
Dec
53
Dec
18
JUn
Jan
Oct
39%
14% Feb
28% Nor 29
42%. Jun
Dec
96
Dec
9
May
41%
Jan
26
Dec
23
13
Dec
17%
Jan
13
Dec
17
110% Feb
May
9
Aug
12'A Dec
17
4% %
Ffrth
23% Feb
11
40% Jan
May
15%
Feb
9% Mar 17
27
110
Florida
Power
Dec
79
Follansbee
12% May 24
1
22
105
Machinery &
3%% conv pfd
3.%% preferred
Jun
21
92% Dec
16
Foster-Wheeler
26%
Jan
22
Mar 16
12% May'
25%
Jan
10
Dec
16% May 21
Francisco
July
17
8% Aug
MO
9
May 15
13
47% Oct 22
Freeport
22
Jan
10
Feb
18
Froedtert Grain &
18%, Dec
39
Jan
17"% Mar 12
12% May 18
24% Jan
5
74
84
Feb
Sep 28
6% Dec
10%
Oct
Jan
16% Dec
2 '
9% Dec
20
24
9
-•
Aug
Jan
12
17% Feb
12% Feb
27
17% July 21
Dec
16% Nov
30
23 V4 Jun
9%
Feb
5% Feb
11
43%
Feb
28
14 % May
23%
Dec
Dec
16% Dec
11% Feb
13
Jan
45
17
Oct
109
43
6
8% Feb
July
28
Dec
18%
Jan
14%
Feb
9
11 V»
*.
Apr
23
Sep
83% July
Feb
72% Sep
37
47%
28 % Nov
30
44% July
23%
Dec
33
18 Va Dec
21
24
Dec
160
9
144
137
32
May
34% Dec
V,
87
Feb
Jan
X125
15
3
Nov
51%
Jan
120%
94
v,
"18%
Jun
13%
11%
125
87% Nov
9
9
Mar 13^
Jan
'
26
26%
95
£
•
Dec
•
81
Nov
22%
v;
•
•
Dec
General Cable
104% Jun
4%
49
Dec
41%
Dec
95
Dec
3
'■
May
5% Deo
;
-.
12% May
66
Nov
General
1
11
120
Sep 15
4% Mar 11
,
:
110% Feb
Jan
22% Dec
12
22% Feb
11
Apr
>98% Apr
Feb
18% Dec
10
Jan
79% Dec
29
72 % Jan
23
27% Feb
13
87
Dec
18
17
Dec 20
98Feb
Dec
-
Feb
,r
'Jan
2 ,101% Oct
Dec
3 9% Nov
48% Feb
Sep :■
Feb
'4
:
OCt,
-
16
'75'
>
-
-
.113
Feb
Mar
Feb
'
30
-90
34% May
20
Dec
59
.*
29%
Oct
14%
9
92
Dec
>
Dec
-
"
Outdoor
•
,.
,78
May
1
;
1
H'nr
root
5%
5%
28%
28 Va
•28% '
5%
5%
4,900
600
9%
*28%
9%
39%
*13%
14 %
*17 Va
17%
400
5%
5,000
5%
29 %
5%
900
6%
39%
14%
17%
17%
17'A"
29%
105
105
•104
105
45%
44%
45%
105
44%
43
44%
5%
29
106
10
10
10
10
10
10
•157
161
•157
161
*157
161
lOVi
161
11%
■
1,300 '
900
29
!
700
•103
106
'
*11 Va
11%
9%
9%
9%
9%
*75%
123
105
78
9%
*75%
*75%
77
30 A
29%
30%
18%
18%
18'/a
18%
133
133
133
*132
95
*90 Va
94
133
92%
13'A
12%
13
51%
51
51%
132
132
1,700
18%
2,700
132
132
30
39%
39 Ve
39%
27,200
397/a
39%
39%
3,700
*92
12%
51
94
*92
94
.
12%
12%
12%
51
51
100
12%
51
,
51
123
124
124%
*124%
124%
124%
iui%
104%
*104'/a
106%
*104%
LOW AND
100
30%
18 »A
39%
92 Va
12%
51
7,
•*30
39 '/a
1
105%
•104%
800
4,400
"
75%
75%
78
30
18%
*124%
124%
124%
240
106
106
106
16,500
1,400
300
HIGH SALE PRICES
Saturday
Monday
Tuesday
Dec. 18
Dec. 20
Dec. 21
/
9%
29%
123
105
V
STOCK
9%
9%;
18'/a
13
124
100
1,700
11%
29'/a
•51
13%
100
1.
11%
18%
•90 Va
95
10V4
161
*157
11%
29%
•132
106
no
•
161
18%
52
•51
10'/a
9%
•llVa
29'A
; 133
12 V2
1
No par
*103
106
*157
11%
43'/a
43%
*103
■
78
•75%
'
106
*103
*
43%
43%
•103
106
•9OV2
Nov
Cement
Utilities
Wednesday
Friday
Thursday
Dec. 22
50 Va Oct
Sales
Dec. 24
Dec. 28
for
the Week
Gotham Hosiery
Sep
30
31
May 26
xl2
Feb
Dec
36
Feb
16 Va Dec
Jun
Grant
15
14% Sep
14
2
Co
(The)
"♦32
(W T)
.105% Feb
,
>
5
L_
;
5
.
17% May 17
Feb
12% Nov 24
20% Jun
51
Dec
44
57% Feb 10
UH
14
.
Jan
2..
81
.
July 21
Jun
23
7
:
::;;
ITVa
:
32
89
77
'
32
preferred—
19%
4,300
102'/a
20»/4
•
'
J
3,400
82
*73
77
140
32%
32V»
32%
*87
.
89
20%
5%
>
20l/e
20%
51 7'i
5%
59'A
101
41 Va
101
41%
100%
100%
20%
1
5%
*50
51
•
1,900
5%
114%
,14 7A
14%
14%
59%
59%
59%-
59%
**'
15%
•
<•
5%
101
*101
:
101
101 Va
41%
41Va
100%
*100%
:>
15% ,15%:
,15%
15%
/
20
5,400
a
4,800
500
*100%
102%
41 Va
41%
8,300
*100%, 101
15%
15%
42%
15%
2,300
•v
14%
59»A
t 200
•
*100%- 101
101
2,900
I ,400
■
5%
118
14%
:
101
41%
41%
*114
'
15%
50
300
20%
50
118
200
6,000
76
59%
'
5%
*114
t
17%
20 Va
5%
5%
14%
'
*75
'
114%
41%
'
17%
20%
20%
50 i
*49
f100%
7
77'•
14%
14%
59%
*75
116 %
*114%
14%
76 >/a
*75
17%
'
20%
*49
48%
-
75
89
*87
-
.17%
-
.
3
3%
2%
2%
3
15%
•-.
6%
6»A
6'A
*6Va
6%
6%
■:
1,300
16'A
16'A
16%
16%
*16%
16'A
27 Va
27%
27%
25
25%
25%
25%
96
96
*6%
*27'A
27%
25'A
25 V4
25%
97
97
97
12
12
12%
12 Va
*32
33
33
33
12%
12%
12%
247/a'
96%
*95 %
i
.
-«
:
12
34 Va
12% "
12%
16%
;41Va
40'A
37
41%
12%
12%
76
41%
42%
16%
16%
16%
16'A
16%
136'/4
136 %
135%
*73
76
'
*73
36%
37
14
13%
13%
*13%
10%
10%
10%
10%
36%
41%
*73
76
36%
36%
*13%
14
76
700
500
800
25
25 Va
2,300
96%
96%
740
12%
*12%
"12 Va
1,200
33
12%
27%
97
12%
16'A
27'A
*31
136
36%
14
107/a
240
76
37%
37%
13%
14
10%
9,100
136
*73
37
14
5,000
16%
*135%
76
36%
4,500
41%
16 '/a
16%
16%
100
12%"
41%
41%
41%
136
32
12%
12%
*73
135%
6'A-
>16 Va
25%
*31
136 Va
37 %
*13%
12'/a
33
16%
136%
*73
41
Va
)
21,400
27%
*95%
135%
16% I
.
136%
No par
12%
12
*31
„
3
A 6%
6%
16%
28
40%
;
2%
3
*27'A
1
«
*
23 '/a
*78
.
17%
17%
.,17%;
75
116%
101
6%7
*95
137/a
10%
11
93
1,600
500
.
3
100
*
>
Grumman
Aircraft Corp
10
Guantanamo Sugar common
1
$5 conv preferred..
No par
Gulf Mobile A Ohio RR com_No
par
$5 preferred——
Gulf Oil Corp..
21
1R%,Jh1V 70
32
*87
*73 '
'
*16V4
100
Greenfield Tap & Die Corp
Greyhound Corp (The)—
58% Jun 16
>
79%
27%
12
13% May 17
.4%%
20
T6V2
*32
5
4
32%
91
19%
79%
'
Co Inc_„
Common——
16
6%
_1
com
24
25% July 12,
9
Jun 14
*31%
*87
*101V2
102%
*101%
'
140
-
300
19%
77
1,700
700
•
23>
82
•
>
122
22 Va
23%
27%
——No par
(H L)
98
103 Va
19%
7,900
26%
122
25
•
—100
Green
30
*101%
5%
24Va
*26%.
a
*16%
9
"
—
7
•
10
40% Jun
97
97
123
'
21
14
';
32%
91
58 >A
'
7 3%
3
Gt Northern Iron Ore Prop—No par ;
Gt Northern Ry 6 % pfd
No par
Va Dec
103 Va
*73
14»A
-
41%
16 »
Bay & Western RR
85
..
101
*■
Green
10
23%
76
*114%
>;ao2
41%
27
Feb
V 22%
1,200
24%
.122
23%
*23
23%
'
>•
' 14%
•100
Jan
7
22%
*70
76
5%
;
H8
14%
*101
•>;
77
Feb
22%
5%
122
121
*79%
48%
■7" 58%> 58% ' rrv
10
Jun
26%
19%
\'X 20Va
'
*5%" ••;.: 5%>
'
Great Western Sugar com—No par5
7% preferred ———100
Dec
Dnee
'
1
49 " '
.
7*115 7
1
9
26%
121
19%
5
26%
120
500
35,500
2%
*120
26%
80
-.
123
5
26%
19'A
75 ;■"
20%:'
48%"
.
17
5 Va Mar
*120
4,700
2%
llVa
19%
•
24%'
80
75
::
"
23VaJun
90
Jan
19%
13%
11
%'
24%
*101%
7.17%;
'78
>•20%
'
145% Jun
Feb
19%
13%
'-••.•
5%
*27
"
17% ■" ;vr"
"! *75
23
10
11
'•:'•
23%
91%----
32
2%
11
123
79%
'r ;'•> *87
87 V-
■,
'17%
27
60
:
24%
13%
2%
5%
22%
103%
*70
24%
13%
,
•
> 87- •
13% Sep
Feb
•24%
1,700
2,400
-
!_No par >
——
$2.25 conv pfd
50% May 15
•;
-32%
•
•
l
Co common
preferred
Grayson-Robinson Stores
July 14
••■■";'
13Va
23%
19%
76 7
13 Ve
24
79%
">
:900
13%
24 %
23%
119
23%
*10lVa
:
97%
26%
120
700
122%
97%
20
*120
>
5V»
24,100
•122%
11%
*19%
58%
58
58%
Shares
122%
97%
13%
3
11
■'
so
.
par
new_^
City Steel——
3%%
15% May 21
11
123
*5
?■'
J
27
23 Va
19%
*77%
*70
Feb
132
A
*120
5 Va
24%
23'A
103 %
^
Apr
29VaxFeb
Jan
123
*2%
19%
*24
: 26%
58
24%,. 25; ■'
13%
13%
,,
2%
18%
*119
?
*97 Va
13%
2%
19
23%
*101%
-No par
;.i„;
Granite
40
25
13%
19
;
100
Graham-Paige Motors——^—:
Granby Consol M S & P
Mar 27
"23%
97%
13%; '13%
97%
'
Grand Union
9% Mar 16
v
r -19%
100 *
Goebel Brewing Co.:
——_l
Gold' A Stock Telegraph CO.—100.
Goodall-Sanford Inc____10
22
29
118%
"
*122%
11 Va
> 5
27 7"/;
*21
conl—___No par
20
99
V 24%
•
3
58%
J22%
13 Va
11'
7
7
,
•
2
8% Apr
8:
•,; 13 Va
u'j.
1
$ per share
Sper share
58%
97%"
*120
'
23%
Safety Razor com
No par
$5 cbnv preference——_No par
5
23
Nov
.
S per share
*122%
;
11%
5Va
118%
-No par
Corp. com
Oct
89
58%
11
.7
23%
*26%
;
3
•
123 Va
*5
13'
:
122
••97%
„
19%
23%
121%
98
24%, >25
: 13%
13%
■■
ii»A
*19-
Corp——w_20
Oct
Nov
",''13
?
3 Va
*121
(B F) com.—_-_No par
$5 preferred— ___No par
Goodyear Tire & Rub com—No par
•'>'$5 preferred —:
No par
23
5% Jan
.
.
.13%
11 Va
;;
'■
{■'■
.
58 Va
122 ^7,)
„
*-97%
24%
•
13%
*3
—5
j'.i ■if
;
•13
>(:• 24%
$6 pfd™No par
18
23
r
Goodrich Co
105% Oct
4
23% Jun 14'
17
,
98
•
,
$ per share
58%
58%
122
122"Va
;
>*97%
J.>12%;
:
No par
Corp—
35
Feb
1
Co.
Equip Corp.:
.
iper share
58%
58%
>122
,4%% conv preferred—■——__50
T'
64% Oct 26
103% Aug 11
'
$ per share
10
com
11
Dec
5%
*13%
14%-
17
No par
18
Oct
''.4pw
•13%
18
29
5%
18%
Service—J'u——____ 10c
GUdden Co' (The)
;
6% Oct 28 v
17
V " 57% Apr
76% Dee
13% Dec., .16% Sep
14'A
39%
"^4.^0 preferred—>No
24% May 17
22
•
13 Vi
180
17%
*17
40
39%
Gillette
14%
6% May
31% May
39%
39 %.
Gimbel Brothers common—-
May 15 '
122
20
2% Dec
95
*9%
40%
38%
preferred
preferred——J—
3% %
6
15 Va Dec
8%
9%
40 Va
"
39%
Advertising-^.—No par
Portland
Public
4%%
-
18 -;
Oct
5% Feb
:
16% Nov
4% May
'9%
40%
39 Va
-4%% preferred—
100
Gem Tire &'Rubber Co com——_5
15
May 13
55% July
96% Mar 18
12
10
40 v8
38%
—No
$3.75 series.——No
Gen Time Instr
"JUtt 17
'
28 f May
38% Mar 17
35% Aug
21% Mar
July
•9%
•
900
700
3,200
7
"
6%
40%
900
,
74
*6%
6%
17%
9%
1,600
21%
*73
7
6%
*17
39'A
;
Corp
'
27
Feb
8% Mar
*
6
10
Jan
70
21
74
*6%
'■
6%
17'/a
39%
25
47% Mar 16 *
27% Mar
May
*73
"
3
Aug
163%
9%
7
6%
17 Va
"
39%
39% Mhy 21 '
96%'Jun
2"'
>
•
94% Mar 11
49%
Dec
6%
29
297/a
Par
Gen Steel Castings
General Telephone
82% May 19
Mar 10
14% Dec
Feb
133
6%
6%
17%
;■
74
39 %
Refractories——No par
General Shoe Corp_i:._———_r
85% Jun
July
17
6%
*73
6%
*17%
78
General
29% May 1830 Va May
20
Feb
Dec
74
38%
Railway Signal com
No par
6% preferred
;_100
Gen Realty Si Utilities——
10c
132% Oct 23
'
21
Feb
37%
21%
18
•29%
Gen
■■
6% May 24 '
13
30
14%
21
38%
par
Gen
12
Dec
21V4
39'A
—
Motors
General
May 18
128% Jan
'
;
Nov
31% Jan
May^
*
21 Va
14%
•18
par
Gen
24% Nov 15
Jan
28
21%
•'
12
38%'
Preferred
Jan
Mar
,9
*11%
•17%
;
;
14%
•132
$5 preferred
Jan
33
11%
9%
•75»A-
50
par
.
14 '
107
11%
,
9%
.
30% Jun
Dec
12
•13%
10%
'
Sper share
29
Dec
*11%
•16%
9%
EXCHANGE
17
90
11%
.
44
6%
STOCKS
'
21
23%
*43%
39 >A
preferred
conv
Gen Public
21%
44 Va
21%
6%
40
28%
•157
—100
15% Aug £0
,
44 Va
14%'
•45%
100
common—
Gen Precision
8%
44%
No par
preferred
'
>
11
,
*43%
1
8%
:—i____No par
NEW YORK
Highest
22% Feb
24
8%
17 Va
9%
&
No
com
5%
Oct
109
8%
-
10%
8 Va
74
9%
com
3%%
Feb
61%
'
-
13% May
0
74
No par
com-;
Corp
$3.50 preferred
4% May 21
15% Jim 24
Feb
71%
21%
12 Va
preferred
18% May 27
Nov
106
11%
•11%
—
24
33
11%
12%
preferred
2nd preferred
13
124
44 Va
11%
conv
7%
1
18% Dec
>
Jun
99%
1st
4%
Corp.
3
125% Jun
11
*
Dec
43%
10%
;
5
2
7
Feb
7
44% >
24%
10%
*
';*
28%
common——5
No par
Co
General Cigar Co Inc
2% Feb
-58'
V;'*:", 5% May '•<;.;
21
Baking
preferred
$8
16% Feb
26% Nov
V'v- 51-% May. '•'■
*8%
6%'
5%' •7.5%
.-
■
8%
26'/a
80
General Bronze Corp
6%
<
•17
10% ;
•
91%
*24
24%
10
24%
*10
82%
*90
26
*24
*24
10%
3,900
1,900
12,300
1,000
20ft
1,800
v
28 Va
82%
!
1,500
9%
9%
27
*8%
18
•13'A
—No par
com
1
26
8%
6%
40 %
■
90%
25%
24%
16%
:•
"
14%
013 %
;>39%
83
90%
8%
^
24
3,000
Jun
Oct
Jan
103
5
82%
92
25%
25%
10%
•
*44'A
;>:■
17 Va
;•
82%
9%
*90
74
'
6%
.
16%
27%
21%
*■
6%
*6'A
"
27
10%
*8%
f
11% ' 11%
.
27%
11%
"
,
44 Va
"
,9%
10
80%
.
12%
'?
23%
43%
12% Nov
105% Jan,
85Dec
••
*44 Vk
*24
24%
10%
9%
26
12%
t
,237/a,
27
83
3,300
'
12%
\
23%
92%
25%
-•
1,200
13%
105%
Feb
;
*24
81
91%
■
23%
27%
105%
Feb
30
25%
12%
,
105 %
Dec
36%
.Deer*
91%
25%
'
1
•
20
27
13 Va
.
*105'A
General
29%
17% May «■
81
Sl'/a
•'
'
102
.*99
105%
20
28% May
28%
,
8%/
'
•103
128% Jun
50% Mar 16
119
-
90
27%
10 Va
'8Va
•104
108
26 r
;
28%
■v-
24%
'
.10Va
100
Range since Jan. 1
4%
40%
*24
.
•■..76%
i—
10
t per share
Feb
108
9%
■/
'24 »"(•
23%
,
''
Mar
106 '
9%
n;
13%
24
12%
lJ
."■i
13%
13%,;
12%
■
.
105 Va
10
-
26 %
Amer Transportation
_5
$4.25 pfd series A_____
No par
25
35%
Dec
9%
79
92%
*25%
;
9%
'■>
•
80
*91%
>
23%
27
7,000
$4.50 preferred
36%
21% May
85
,
13 Va
•1.2%
i2^;
23%
28
*79
•
,12%
tv .•■•••
-12%
28
1
General Instrument Corp.
17% Jun
;
13%
30%
102
26
5,800
2
12% Mar 17
•
;
9%
27%
General
124%
Apr
8,000
307/a
*99
,
>27
14%
;
.
140
Dec
19%
■
\
30%
30%
102
27
16%
General Mills
Lowest
16%
Apr •'
1,000
16%
18
53
Jan
May
101%
-17 Va
14%
14
,
17'/a
14%
8
99% Jun
"
17%
30%
*99'/a
"
27
13%
17 Va
lSVa
28
17
'
13 %
1,000
17%
29%
102
27
500
; 53%
*17%
30%
*99%
'J
5,400
105%
53%
14 Va
25
Feb
97
31%
Oct
Inc
Oct
13
118% Feb
Feb
26
18% May
29%
27
•'V
-*9%
——50
—No par
13% Dec
40% Feb
Feb
I 20%
3% May
'♦1
30
100
45
44»/a
*105
53%
16%
2
93% Feb
•
17%
45%
105 7/a
53%
16%
15
19%
May
17%
•44%
*105
53
14%
21
Sep
Dec
19
44%
105 Ya
53
13%
1
107%
:
44
*105
52%
-700
16%
Jun
Dec
45 Va
105%
100
•
167/a
96
Aug
65%
2% May
65%
65
14%
3
Jan
13 Va
23%
'
20
com—.
Foods
129
Oct
*64%
52%
13%
24
*12%
>
;—_I
1
Electric Co
13% May
65
65'/a
44%
27
13 "A
19%
19%
14
General
S per share
Dec
>13
*19
105%
100
•
900
19%
65 Va
"
26%
240
19%
20
44%
29%
29%
100
95
*19%
*19Va
16%
General
r
17
*93
20
20
14%
May 27
Highest
Dec
17
92
20
105 %
44%
,
92
*19
16%
July 14
82
Mar 19
Year 1947
•
2,700
14'A
Range for Previous
I per share
28
27%
16%
Jun
Lowest
700
2,100
14%
43
131'A
300
1
5%
16% 716%
41
X122
5%
15,400
2,800
General American Investors com—1
34
16 % Mar
Dec,
17
preferred-^.—>>--i_50
31% Mar 11
103
Dec
65'A
55
29%
par
——
com
^
Industries
conv
Feb
54% July
100
94
65
75 Y*
Co—
Jan
Dec
123
92
65
54
75'A
(The)_>_»:
39%
May
43
28
65
-
21%
—-
45%
Dec
; 10%
27%
-
Gaylord Container Corp——1.66%
July 13
14ViMay
May
Nov
4% %
30
159% Dec
Apr
1
9% Mar 17
8
V
17
27%
19%
*105
21%
(Robert)
Co
Gar Wood
-
May 12
71
:
36%
17
27%
20
54 Va
common——1
(The)
Inc
Gamewell
63% May 15
106
146
11
,
36%
17%
.
5%
19%
-44%
100
Gardner-Denver
May 20
105% Jun
22
Feb
185
Dec
100% Jan
'
26% May 4
18 >A May 15 v
99% Mar 24
Oct
Dec
13%
149% Dec
36%
5%
20
104%
*26%
common.—10
Co
preferred
Gamble-Skogmo Inc
5$> conv preferred
16
9% May 20
1
16
Oct
"
*98
Malting Co Inc_i
6%
Aug 19
22%
9%
14%
17%
91%
17
'—100
—
preferred
Gair Co
48% Aug 19 >
4% July
26% Aug
58%
3,000
400
14 Va
5%
20
54 Va
Sulphur Co__—-10
Gabriel Co
<■
5
12% May
14% May
,
4%
4
10% May 22 :
16
-.39'..Nov
102
2,400
22%
24
,
7%
17%
*36
Shares
39%
22 Va
V 24
7Va
36%
20
44%
•
Fruehauf Trailer
10 % May 21;
15
6% Dec
21
Dec
14%
•
5%
20-
65%
Corp__10
li
,100
Sugar Co———No
35% Feb
Apr
14 Va
7%
17%
*19
104%
6% prior preferred——25
Feb
48
7 Va
5% .I
92
20 Va
Franklin Stores Corp——1
50%
103% Mar
Chem
Corp
36% May
11% Nov
17%
the Week
share
39
-
*35%
5%
27%
•
Carp_:.L——10
Food
47% Jun 14
38% May 21
25% Jan
5
X101
7 Va
7
39
18
*17%
5%
27%
par
Food Fair Stores Inc———__—l
20
10% May
100
Nov
23%
36
17%
27%
20
—No par
Steel
10
Jun
22 Va
23%
14%
91%
*65
Florsheim Shoe class A,——-No par
6
12
27
Dec
22 Va
14%
27%
.
Corp__——7%
Dec
5% May
36
.
38%
24
7%
90%
*20
1O0
$4 preferred-,
82% Nov
24 Vi Feb
8%
36%
'
5%
38%
22 Va
*23
14%
92
*19%
.
Florence Stove Co—,— -No par
-
Dec
18%
7
14%
27%
(The)
32 %
Dec
17%
1
24
*90Va
& Rubber com.—>25
Tire
preferred
May
23% May
77
7%
14%
36%
21%
*27
Carpet Co—
No par
Fllntkote Co (The) common—Nopar
14
21%,Jan.
Dec
Dec :i
Sales for
Deo. 24
t per
«
21%
39
21%
*23
•
24
19%
7Va
14%
17%
'5%
'
Friday
Deo. 23
t per share
38%
39
,
36% -
,
"5%
—100
—;5
—1
„
First National Stores-.———No
36% May 20
15 % Jun 24
40%
91
Firestone
May 27
xl04
Jan
■
23%
7'A -V
.
*17%'
-Fidelity Phen Fire Ins N. Yl——10
59%. July 12
20% Ailg
9
20
preferred
Tarrant Mfg Co;_
Felt
7
49%-Mar 16
v
'
May
*36
.
''
22%
14%
:
•14V4
Stored com^——5
Ferro Enamel Corp
29
107% Jun
1
103% NOV
107% Aug
30
14%
4%%
7
9
"21%
,
39%
21%
>•■•.
,
23%
7V«
•
Federal Motor Truck—_JNo par
l5
18% Mar 17
62%
>
Televis'n & Rad Corp—1
Federated Dcpt
19% Dec. 24
90
99
18
,
39
-23%
'22
*23 w
Thursday
Dcct 22 1
$ per share
Sper share
-
59%
Sep
22>
'
:
1—__1Federal Minibg & Smelting Co__i_2
Federal-Mogul Corp
—^5
,
39%
*39
.
$ per share
*
Fedders-Quigan Corp
,
3
Jun
■-
Feb
26%
51% May
14% May
24
Oct 23
;
Co__—_No par
&
Morse
Farnsworth
16;
26% Jan
46% May
42% Jun
104
43
-
20'AMay22
12 % May 18
31% May 14
21
,2ftVi May
;
16
,
5% Dec
28% July
107% Jun
Dec
11% Jun
•i
Mar 11
Va Feb
14
Apr
97 Va
,
Nov 24
t per share
Fajardo Silgar Co ofporto Rlco^20
Falstaff Brewing Corp———:—l
28% Oct ! 29
11%
,32
Fairbanks
28
'
14
~4%
■
10
33% Oct
Nov 30
37.i.
Xl9y« Nov 30
Wednesday
Dec. 2L
'
'
Par
t per share
Tuesday
Dec. «t»"
•
•
$ per share
21
LOW AND HIGH SALE PRICES
Dec. 18^
EXCHANGE
Highest
(2697)
RECORD
Saturday
STOCK
NEW YORK
Range since Jan. 1
Lowest
Highest
I perthare
CHRONICLE
STOCKS
Range for Previous
Lowest
&
10%
*91 Va
91 Va
*91 '/a
18%
18%
18 %
18%
18%
92.'
18%
91%
.18%
18 Va
18%
18%
18%
4,000
5'%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
2,400
5%'
*92
V
Gulf States Utilities C6-^,^^.No odr
,y>
■*91%
,
94
*92
93
94"
*91%
94
10%
92
94
94%
;
14%
Xl3%
48
13%
14'A
49 %
49
49
48'A
48%
68%
69
68%
68%
F
68%:
16%
16%
16%
16%
—16%-
68%
69
16%
16%
f
-
-
.14
14'/a
.
94%
*94
14 Ve.
4$
,♦94
14 V\
14
*48%
30,900
10%
*91%i 93
~18Va
—No par
25
10%
(':
69 V4
16%
48
14%
-
68%'
-16%
48
69%
17
.
14%
14 Va
lfe%
20
94 Va
*94
'*48
V 69
30
8,700
48 Va
/
/
8,900
69 Va.
17
700
-
9,500
COMMERCIAL. &, FINANCIAJj^CHRQNiCLE,
THE
22' "(2698)
STOCK
YORK
NEW
.■
RECORD
'
" a
f.
Ranee for Previous
Year 1947
■:
,
Lowest
■
Lowest
$ per
$ per share
\
Highest
1
l/ec.18
/
.
t per share
Par
I per sharq
share
1 ■
'
"
Monday
Dec.
•
Saturday
,,
SALE PRICES
LOW AND HIGH
-
stocks
v
NEW YORK STOCK
EXCHANGE
- ■
Jan. I
Range since
■
Highest
,
'( t per share
'1
'
'
-
•
.27, 1943.
>"•/!(' It
1,1
•
,
,
per share
t per share ^;.y^..$+per.sh<fre
j
'
'
W. !,
'"V-iyO*
»• :*
1'
.
*-•' p ; •
Dec. "Jt
1 '• Dec. 23
$ per share
j,
>
.
.
$ per
the Week
'/
share
Shares
-
'
H
Dec
39
19 V4
31
Jan
Jun
82 y2
Feb
15 Va Nov
14
(.43 : Dec
,■'87% Dec
UQ2 % J)ec
r 19 % Apr
ttiWa Oct
9.
12%. NOV
10
Jajn
12-/8 Dec
16
112
Feb
79
108 V4
Sep
xlOlVaFeb
Dec
21% Feb
19
27 V2
39%
Dec
10 V4
Feb
100%
Apr
4% May
...
9%
35%
Dec
35
May
Dec
rX95,
78
9 '
11
Jan
28 .»
:14V2
May
6044
Sep
i
Dec
126
22 V4
63
13% NOV
Feb
Mar
0"
29 %
38
Dec
Oct
118
Sep
Jan
128% Feb
14
25 V4 'Oct
30% AP?:
lb
17
29%
Sep
13
29
Oct
7
7.8
2ft3A May 20
25
86%, Jun
12%
12%
12%
'12%.
106..
Jun
2ft;
9% Dec
Dec
Dec
33
28
1
Apr
x29Va
Nov
21% May
14 Va May
31V4
Jan
21 Va Feb
5
20 V4
Oct
9 % Dec
23
17;
(
25
Jan
15 V» Feb
14
May
30
25%.Nov 12
61.
35 V4
Jan
48
Jun
29 Va Nov
22
30
Nov
36
Dec
24% Nov
26
21
22
83 Va
*80 Va
83%
29%
30 V*
^J__25
Heinz (H J> Co common,
r-w—•—-100
netf—-,_10
7%
nori-cum preferred new—25
Hercules Motovs—v-Nq par
Hercules Powder common—;_Nd par
5tyo preferred ——100
Hershey Chocolate com-j——No par
$4 coriv preference—
No par
preferred
3.65%
—
(G. W) .common
Helme
31
*98
34 Va
13%
43
43%
121%
-
26%
17%
17%
20%
-20V4
*78
79%
"l3V»
44
Dec
,
28 V4
85
Dec
*26
34 V2
/
Feb
11V4 Dec
22
18% Jun
9
56
Feb
29 Va Dec
22
46 Va Jan
14
Oct
27
Nov
10
34% Jan
2
Sep
81
Oct
19.
94% Jun
7-
Oct
25
Houston
105%
49
Mar 12
$2.25
3%Vfr
37% May
45 Va
Jun
38
16%
Jan
28%
Dec
20% Feb
11
38% Juu
JLO
Houston
20V4
:
Dec
29
Feb
14 V4 Dec
21;
23
Jun
7
Howard
9
Howe
Jan
33
38% Mar
31 Va May
Jun'
47
31
3 % Sep
29
8% Sep
28
33
May
12 Va
May
1544 May
43'A
14% May
20
12% Dec
10
10 Va- Dec
24
2 y4 Nov
30
Oct
Jan
,
Feb
7%
3% May
12 V4 Sep
Nov
4
14
Apr
8
19
•
/
Inc
Foods
Corp
Hussman Refrigerator Co:
16
;
Range for Previous
Lowest
Lowest
.Highest
>
stocks
,
share
$ per
S per share
$ per share
share
24
39 %
Aug
30% Apr
18% May
32%
Dec
27% Mar 16
42% July 14
37 % May
64 Va
Dec
62% Feb
90
93
Jan
97
Jan
26%
Dec
;24% Jan
='
•"
11%
7% May
22
37% July 12
11
»
11
12 % Jun
26 % Aug
9% Feb
Dec
July 13
97% May 17
95 % Mar 16
Aug
15
11
3
20% Nov
30
25 Va Jun
9
Jan
17
July
7% Nov
26
la^ jan
28
50
Dec
38.Va Dec
17
56
Jun
3
58% Nov
24
76% Jun
11
Jun
25
1
Dec
12 V8
169
Dec
30 %
180%
Feb
Feb
150
160
10
34% Mar 10
47% Nov
17% Nov
15 Va Feb
11
21% May 27
Feb
6% Feb
11
8% May 24
42
33
Apr
12% May
6 Va
Jan
Oct
8 Va
Sep
13
100%
Dec
108
3
Dec
Dec
18
Feb
7
1% Nov
103
11
10
21
July
8
Jan
3% May 18
12
26 Va Dec
15 Va
11 Vb Feb
125% Feb
May
9% May
?3 % May 15
21
86
Mar
16% May 24
155
1
Nov
x34%Jun
46%
Int'l Harvester
2'A
5Va Nov
26
9% Jun
34%
Oct
23% Feb
11
38Ve Jun
9
76
96
Jan
71
Dec
21
93
Jun
3
186%
10%
Dec
3%
25%
Dec
>
Dec
59%
34% Oct
24% Mar 16
Jan
135
Sep
Feb
86
23
139 Va July
2
64% Jun
2
42% Mar 17
Oct
107%
5% May 20
3Va Mar 16
Feb
137
174% Jun
Oct.. 18
160
Feb
36%
Dec
94 %
Feb
5%
Dec
130% July
38% May
Jun
1
July 22
99
28
Int'l
Preferred
98
*26%
9
May
16
Feb
6% Dec
Dec
116
Feb
65 % Dec
"13
'46%
58%
Apr
37%
Jan
40% May
>45
1
63%
May 20
14
14
104
107%
Feb
52 Va Jan
24
64
Dec
39% Nov
22
43
Jun^
45
Oct
Jan
Jan
2
12
65% July 12
Mar 12
26%
4
35
Mar 31
9% May
17%
Feb
8% Nov
26
16% Jun
24
9% May
17%
Feb
8% Nov
29
16%
24
Foreign
26%
Feb
17% Mar
26% May 27
Interstate
19
20
Apr
May
27%
30
22% Mar
Oct
Jan
158
Aug
6%
Jun
13%
19'A
Dec
9
16
Dec
104%
Feb
39% May
Feb
39% May 20
145
May 25
May 27
Dec
13
23 % Jun 14
92% Jan 30
18
79% Dec: 18
39% Feb
18
'53
104Va
Jan
Dec
Sep
89VaOct
27
Jun
46%
Oct
20
108%
Dec
125 Va
Oct
33 % Sep
100 Va Feb
24%
Sep
20% Feb
19
98
Dec
112
Jan
145
Dec
151
Dec
,
.
99% Oct
145
Jan
11
28
29
Dec
39
101%
Feb
86%
25Va
Jan
40%
Oct
29 % Mar 16
83% Feb
6
30% Nov
3
14
Jun
22%
Feb
12
Feb
14
10
89
27% May
35%
Jun
14
37
34% July
Jun
4% Dec
24% July
80%
1
Nov
137 Va Jan
29
143%
9
,
*153
48
May 28
99
May 11
;42%Jun 11
113% Jun 9
.35
Oct 28
106
May.21
158
Jun 11
-39% Oct 23
93% Apr 16
43% Jun
1
,
$6
12
13%
*13 Va
13%
i
x0%
5,400
2%
2%
3,500
*13%
13%
8C0
Dec. 2;i
for
Shares
share
$ per
.
the Week
Dec. •£ 1
tper share
$ per share
Sales
Friday
Thursday
(Dec. k'i
slidre
33
29%
30%
*83%
84
*95
96
*95
98
*95
93
*95
93
*26
26%
*26%
26%
27%
27'A
27%
27 Va
27%
27%
27%
27 %
9%
9%
.1 9%
9%
9%
9%
1.600
21%
21%
21%
21%
21'A
2.800
8%
4,000
41 %
4,100
40%
'63 %
41 Vs
41%
17%
17%
17%
17%
8%
*7%
C '/a
*7%
8 Va
600
13 Va
87%
13%
13%
13%
14
14'/a
6,000
88
87
87
87
1%
152%
800
27 %
26%
27%
15,900
165 '/a
165%
165 Va
165%
5%
5%
5%
5%
5%
5%
5'A
26%
71
71
*70%
4
3%
51%
94%
*93
51%
.
..
3%
*93%
30%
139;
51%
6%
6%
%
*68
69%
r
42%
1
6
94%
*54
*32
6
%
69
58%
42 »A
58%
4*2%
58%
42%
*54 Va
34
55
*32
•54%
34
6%
•
.
%'
54%,
*32
9%
9%
9%
9%
*9%
19 Va
19 %
19%
*24%
9%
J
24%
25
30
*30%
30
*143
148
50c
'*
4%
'*18
.' 79Va
-*46
95%
38%
*106
.
- 32
*100
'' *153
32%
*84
36
*143
4%
18% *
79V2
=47
,
„
95%
39 Va
108%
>32
101%
160
32'/a
86
36%
■
,
9%
9%,
19%
24 Va
31%
143
101%
160
42%
68
61
.200
42
42
2.000
54 Va
55%
34
42
42
; 34
9 Va
9%
18%
24 %
24%
*100
*153
*84%
36%
32%
86
37%
• 32 Va
*12%
12%
12'A
*84%
37%
9%
r
.
148
9>A
19%
24%.
31%
31 % '
31%
9%
31%
148
*143
4%
4%
18'A
*18
"
18%
80
47
.95%
39 %
106
32%
101 Va
160
105 Va
.'32
100
*153
109
32
101%
160
38%
•30Va
101%
*153
100
400
95%
38%
109
31
38%
32
39
103%
32
r
102%
160
*153
40
6,700
200
900
10
160
9,200
32%
32%
32% '
86
85
85
38%
38 Vb
38%
10,600
^co
12 Va
900
*92%
94%
32%
85
38'A
39 'A
38%
12
12 %'
12
12 Va
*84%
95%
*94
*106
*100%
84%
85%
38%
47
101%
32 Va
32%
32%
10,100
210
47%
*94
5%
47
80%
>
148
*143
18'/a
47.'A
*105%
31%
1,400
81%
80 V*
38%
400
31%
5
47
95%
24%
*80%.
80
38%
500
19%
24 Va
*18
47
*94
1,300
*18%
18%
80
■
9%
9%
45,400
5 Va
5
'18'A
300
9%
9 Vn
.
220
34
*32
-:■
9%
*18%:
24 Va
*
56%
*54%
*32
18%
5
3,500
68
*59
*9Va
*143
6%
*6%
6%
9%
31
11,200
94%
59%
19%
148
440
52
C8%
9%
31
138
51%
*93%
59 Va
'55
*32
*143
1,800
18,800
67%.
42%
42
*54%
25
200
3%
V 6%
*18%
*24%
5,700
69%
69 Va
55
*93%
.
30
51%
420
5,800
30%
3%
138
138
94%
-
59 %.-
6
*57
34
Va'
'
•
:
30
51
9%
4%
4%
18%
* *18%
80
80
*
-80
47
47
*46
*94
95%
*94 *
38'A 38 Va
38%
106% 106%
106
32% 32%
*31%
*100
59%
138
9%
9:/b
4%
*18%
*153
32
.94%
6%
'
;
71
.71
3%
29%
51%
*93%
Va
70
69%
*57
6
138
51%
*93%- 94'/a
71
29 %
27
27
27
3%
3%'
138
51%
26%
*69%
72
29%
~ 139
51%
t
■
26%
26
30%
29%
139
42
152
12%
2,600
165%
26%
138'
139
13 Va
165 Va
73 Vs
29%
30%
29%
51%
13
151%
70
700
2
*1%
166
166
152
'
*138
.12%
.
'
•
1%,
2,100
26%
26%
4
87
,...
■
27%
5%
3%
4
1%
151%
13
12%
152
5%
*71
74%
3%
-
3,800
17%
26%
27
26%
v
41%,
41%
5%
5%
*70
■
165%
166
5%
166
1,500
41
26 Va
26%
27
159
27
152
152
152
■'
.
'•■
12%
12%
13*
12%
26%
1%
13
153
-1%
13%
87 Va
:
2
152
27%
■
>85%
13%
87%
*1%
65
159
*153
41
•
8
1%
13%
64
17%
41%
17%
8
*85 Va
13%
166
,
8
8V4
41'A
64
*7%
41%
17%
17%
41%
8'/a
41%
*62
159
*153
159
*153
153
■
63
1
2,500
2'. %
8 Va
40%
40%
62
•■
-
30
130
27%
27%
41%
8%'
8%
8%
8%
63%
*7%
152
21
21 'A
39%
17%
26%
9%.
21
21
41 V8
12%
'
84
8%
1%
11,000
*83 Va
64
13%
900
31 Va
84
26%
*153
86
32%
30 (a
30%
30%
30%
*83'/a
17%
1 %.
32%
33%
*32%
■
'
29%
84
39%
8
m
33
32%
*83%
8%
159
•
*151
' '
10 V8
2%
10%
■
96
*62%
13%
Johnson & Johnson common—12%
4%. 2nd preferred series A—;—100
Joliet & Chicago RR stamped—100
Jones & Laughlin Steel com—No par
5% preferred series A
100
Joy Manufacturing Co_
1
16,500
13%
10%
Wednesday
■
39%
8%
39%
*.63
86
Jacobs (F L") Co_—_—_
1
Jaeger Machine Co—r-No par
Jersey Cent Pwr & Lt 4% pfd—100
Jewel Tea Co Inc com——No par.
3%% preferred-/
■
—100
Johns Manville Corp comNo par *
3% % preferred
100
5,300
13%
prices
sale
high
and
Tuesday
S per
30%
41%
-
par
;
45%
13%
V2 :
13%
13%
1,000
13
45%
■
13%
19,900
84
20%
21%
8
1
45
12%
12%
45
13 %
41%
25
—
12
45%'
1,700
7%
7%
%
'
33
*26
No par
preferred
7%
2%
*17%
r_15
No par
Island Creek Coal common
.7%
'
2%
share
96
—No par
Intertype Corp
7%
2,300
15
46
10 «/2
9%
shar^ ctfs——No par "
Stores
15
45
13%
—
Dept
14%
44%
2%
*9%
preferred
,,-—25 *
International Telep & Teleg—No par
7%
Feb
Jun
14%
44%
10%
27%
8%
—No par
15
44'A
13%
9%
63
*—100
International Silver common
10,900
2%
27%
?57
International ShoeJ
34%
10 Va
9%
No par
Salt——*
33 %
13%
26%
*68
International
34
2%
10
of Cent Amer com—No par
preferred
_1—100
5 %
32%
32%
13%
27
Int'l Rys
40
32
Mar
-
29
1,0U0
10%
26%
•
Corp
$4 preferred
45%
44%
'
"
44%
*11
Dec. 21
*83%
84
*95
_No par
Co com
85
45%
13%
29%
No par
—
International Paper
85
*44%
.2%
32%
29%
*83
/
■
410
85
44%
7 Va
46
5C0
28%
'28%
'
*83%
10%
S per
share
33%
-+—1
Nickel of Canada com—No par
Mining
29
85
44 %.)
11%
45
Monday
29%
preferred
—„i_——*100
Hydro-Electric Sys "class A—25
Int'l Minerals & Chemical com—5
International
11%
Dec.
*32'A
100
30%
29
28%
1
"
_5
preferred—
30%
30 Va
28%,
14;:
-
13%
13%
S per
7%
4%
2%
•
7 Va
7Va
7%
12
10%
10%
*13%
Int'l
6
May
22% May
Dec
2»A
—+—100
common
29'A
30%-
46 %.
13%
13 V*
Par
__1_
Iron
31
1.900
32%
32%
7%
13Va
10%
,
Business Machine——_No par
11
11
24
163
Int'l
4.600 »
31
45
39%
Interlake
11%
30%
low
common-.
11%
44%
Saturday
Rubber—„_fto
101 %
11%
45
40-/4
540
101%
11%
32%
1
Ingersoll-Rand common—No par
6% preferred
100
Inland Steel Co
—u/__No par
Inspiration Consol Copper—
—20
Insuranshares Ctfs lnc_—1„—1
Corp
3,3C0
102
101%
11%
*14%
Rayon
preferred—
10,700
28 %
101%
14%
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—
%
1,300
35%
11'A
45
21%
4 Va
25%
35
27%
44'A
Co
Intercontinental
25%
.28
28
100 %
32%
»
__—;———No par
Illinois Terminal RR Co
—5
Interchemical
1,700
101%
14%
=
common_100
6 % non-cum conv pfd ser A—100
Leased lines 4%_i———_—,_100
RR stock ctfs series A—i—„1090
Industrial
1,500
20%
35%
44'A
RR Co
Power
; 9%
20 Va
26
14%
Co—i————-20
Illinois Central
Illinois
t
x35% May
x21
Idaho, Power
*9%
35%
27%
45%
*ny4
800
10
20'A
9%
25%
45 Va
7%
26
^
20
10
*83 Va
46%
26
26%
28%
12 V*
26
1,300
13%
28
85
7%
"11%
'=
300
31
13'A
13%
35%
43%
■
35% Jun
27
May
30
6,700
9%
*29 Va
31
26
44%
No par
t
9%
9%
'9%
*29%
34%
84%
Dec. 18
:
20
-
11%
-
■'-
';
-
■
S per
79 Va
26%
14%
exchange
,
*78
35% '
28%,
32%
79 Va
*i»
20 Va
9%
84
2.9 Va
'
4,100
31
20
83 Va
33%
■22 «/4
*25%
i.;
32
31.
f... *28%-
22
25%
84 y4
29 Va
21%
21%
25:%
i
700
240
1,000
26 Va
28
240
-
27
117
20%
13%
27'A-
>■
123
27
27%.
20
13%
34%
'
9,700
19%
13'/a
20%
44%.
116%
13%
10
2,200
18%
'9%
9%
*29%
*121%
120
13'/a
'44%
,
800
2J
35
13Va
•
117
1
78
9%
123
*26%
.
900
115%
18%
*18
44'A
stock
york
new
Jan. 1
* Highest
Range since
Year 1947
32
'■
117
116%
30
r.101
11%
11%
26%',"
26%
1
6.66%/
— 1
——
28'/a
101%
11%
44^4
.
21%
,26%
i-T
28
13%'
14%
;
non-cum
Hupp
May 17
5
14% Jun
27
Hunt
26%
35
*101
,13%
43%
:
preferred
100
Hudson Bay Min & Sm Ltd—No par
Hudson Motor.Car—"—Nc par
5%
3
22% Jun
50
34% Jan
Feb
21%
30
——5
Manhattan common—100
Hudson &
7
Dec
8
Feb
7%
26%
34%
102
J
13%
"14%
'
Corp—_———— 1
Stores
Sound Cp——f
-
13% Mar
May
....
1
!
:
■
'
3
7% May
preferred——50
com_—.—No par
preferred ——100
Light & Power.i
No par
Oil of Texas v t c—n—25
conv
Household Finance
'
"
22%
*34V4
22%
,
,
1,900
93
*98
99
22%;
*
35
78
*20
...
35 Va
28 »A
101%
11%
?31 %
*28 Va
'84'A
*44%
32%
30%
13%
9%,
20%
20'A
.
83%
30%
*34%,
21%
.
.
21%
*81%
26
26%
*28
5
Co_^
pfd series A $4.50 div_No par
Houdaille-Hershey com——No par
2nd
36
Jan
20%
*20'A
30
•V,
10%
*10
11
"
19%
May
1
13
Dec
99
26'A
26
*10
'
Electrochemical
"26Va
,
*21%
83%
30 '/a
35' v-
79%
9%
9%
13>A
26 Va
14
2,500
20%
*96--,
22%,
21
20%
*78
30 Va
13 y4
31
.
"
Hooker
9%
30 Va
9%
'
9%
V *30.
*13Va
;
18
20'A
79%
30
42% v 43%; r :r'.. 43%
lSlVa
*121V2 123 „.;
117
18
17%
,.
99
"
13%
>-
117
~
Mining—-1 ——12.50
Homestake
.■
117
117'
117%
43
42%
26%
9,200
.,
.*80
30 % *.
.
*34'A
35
121% 121%'
27
'
27 tV.
122%
26%
.■
.
*98
"J 3%
,44%
-
*121%
,
83 %,
*22%
*13 %
'
'
1,000
8%
20%
%r
20%.
.
...
r
•,
...
30%
22%
•34%
14
21
*80
90
22 %'
34%
14%
* "17%
20V4
"78
'
30%
22%
34%
.26%
,83%
30 V*
99
*22%
7%
8'A
,
21
22
*80Va
.
*98
99
"117
& Sonjs—__^—5
(A)
520%
160
20%
7%
20%
*21
22%
"121%
Dauch
&
8'/a
20 Va
20%
5
60
X7 Vat
7%
7%
t'
2,200
200 ;
5
60
7%
"
8'A
f
21'A
Holly Sugar Corp——!—^-^10
5% conv preferred'—-t,---!—1—30
16
Dec
7%
..
8 Va
21v4
preferred—-.———-—100
'
•
20%
20%
*5 Va
vr," 60
-800 i,
149 '/a
*147
x20%
,
;
>60
60
8
•8%
*
5%
*5 Va
,
22%
3%%
21%
21 Va
v
,
*20%
Hollander
1
35% Jun
102
,
"22
*80
k *30
"38
'■ *22%
"34
' *14 '
43 %
Gorp--—^-u_::w-^r_5
Paper Co—10
Hires Co (C E) The——^-1
Holland Furnace Co^.„,-_—1--5
24
5
61-
60
5
Hinde
.
42% Feb
21%
5
5%
20
•
23%
23 Va
.*147
310
106%
i'.>®23 va^
149%
t147 /,
'
21 Va
22
7—**15
Hilton Hotels,
14% jan
2
37 ' .Jun
1
2 5 y* Jan'
2
29% May 20
I6V2 May 17
3Q% Jun 28
30
.Oct 30
23 :
Mar
12% Nov
22 V2
.
44%
Jun
23%
149%
*147
%v,
23
900
80%
*106
/.?105
^
23%
,.-"23%
23%
149%
J
600
12%
*80
80
8,200
13
12%
12%
.
80
'
r;-,n05
,
*12%
106
80
:
106. '
106
;
"
10%
i
80%
^80
80
,12%".
17%
17%
*12%
1
12%
12%,
12%
,17%
•
600
32-
*30
.,*30%
,
....
17%
17%
12%
Co
Inc—J.—>——5
Hey'den Chemical Corp—
.A—1
3%%; cum preferred———100
'
•/'
,
12%
Hecht Co common—
Hewitt-Robins
2;
27% Jan
Nov
17% Nov
:
20
10:
12?% July 27
Mar 22
114
=
29
23 % May 21
57-V* Apr
6
2
10
.120% Dec
Sep
134
24% Nov 30
35 V4 Oct
20
4i% Dec. 15
Feb
.
134
'•
27V4Ji?ly 12
Jun 25
42 '
" 2"1
103
May 28
91
27
34 Va Dec
5>
28% Jan.
17%
17%
31
*30%
31
*30%
.*
17%
8V4
—2
Hayes Mfg Corp
Hazel-Atlas Glass
11% Jun 10
95 Va Jan
July
.
"f
34,V4 May 15
'('/»yuu
4'
79
;Jan
5
10% Jun 11
20% Dec 2Q
22
22% Nov 17 =
42%t" Feb
;
150% Jan, 28
20
20% Oct
Apr
103%
108
27% Jun,
Mar 10
x20
Jan
30%
May
90;
;
Dec
6Va Feb
Jan
22
;
-pec
J[un, 16
9
107,
10. *
24
6% Feb 11■'
Oct
Dec
25
(
;
*■
59
Feb
12
-May
;6
t
Jan
5
6% May
75 Va
t
22
x 14 V* May 21
89
Jan 12
Mar 22
25
-v.—.
Oil Well Cementing—5
Hall (W Ft Printing Co_
—6
Hamilton Watch Co c0m_
Nd par
Halliburton'
16 V* May
14ft V» July 30
20% Dec 22
Jan
160
i\28lA May
(.
,
31
31
17%
12%
12 %
4 % cony preferred——_—„---l(H) ■■
'
80
Hanna (M A), Co $4.23 pfd—NO par
*105 *
Harbi$on-Walk)Refrac com—No par
"' 33%
6% preferred
—1—;_„—100
*147
Hart Schaffner & Marx—.—10
.' *21 %
Hat Corp of Amer ciass A—-—,/—1
*=5
4%% preferred
—100
60
Hayes Industries Inc
—
1
8
Hackensack Water
35V4.0ct 15
2'4'H toept to
Feb 10
f
for
Sales
Friday
Thursday
Wednesday
Dec. %£
Tuesday
Dec.
300
K
Dec
22
21
May 20
Kalamazoo Stove & Furniture
Kansas
16
Dec
May
108% Mar
29%
Dec
Nov
9
98 ¥2 Dec
94
14
X89
23% Feb
11
48% Mar 12
98
May 11
100% Dec 21
48
Oct
22
60% Jun 22
47% May
58% July
13% May
20% May
18
Nov
13% Dec
9
26 Va
Feb
20% Feb
20
26 Va
13%
21%
Oct
15% Dec
23
22% July 12
Jan
For footnotes see page 28.
-
;18
May 22
July 13
3.80%
4%
4%
preferred
preferred-.,—
cum
Kansas
10
,
12%
—100
-
100
City Southern
non-cum
com—No par
preferred
—100
92
1C0
38%
38 Va
*53Va
55
92
*99
(Julias) & Co
5
Kelsey Hayes Wheel conv class A_ 1
*14'A
*21 Va
1
*15%
Kayser
Class
12%
City Power & Lt Co—
B
93
100
38%
39
53Va
53%
*92
*99
22V»
14V»
*21 Va
14%
22Va
16
*15%
16
14%
*92
100
12 %
93
93
100%
39%
39%
*53%
14'A
*100
54%
39
54
'*92%
94%
100%
100%
39'A
39'A
100%
39%
93
54
14%
14'A
14%
Va
*20%
21%;
*
15%
20%
21
*15%
16
15 Va
T-4 CM
101
*100
39%
100
80
39 Va
2.7C0
4
54%
300
14%
21%
14%
2,200
*20%
*20%
21%
200
15%
15%
*15%
16
300
*54
14'A
54%
54
14
H
COMMERCIAL
THE
Volume 168 V Number 4763
$ per share
per
>
share
52 %, .Jan
13
30
2/%
103
May
M»y24
Oct
27
.:104% July 14
Feb
11%.Feb
19
;
63
Oct
Dec
-
92
Jan
40
'
Jun
59
Apr
52%
"14% Jun
2
Jan
2
75
8
37% Oct. 23
.
'
13
39% Jun
58% July
8
12
4% Feb
Feb
4
Laclede
5
6% Oct
11
La
*
Dec
9
20%
10
14
Jan
Dec
44
Jan
14"%
Feb
56
Feb
May
,,49% Jun
24
May
56%
.";21% May
30 %
38
95 ■'
i
.
9
93 % 'Dec
Apr
3
Feb
11
10
12% Feb
% May
Jun
44%
Jan
May
>1% May
8%
Feb
3%
Feb
l7/8 Jan
14% May
4 %
30% Mar
1...
Feb
*9%
Feb
5% Jan
50%
Feb
41% Feb
25
>10%
„->17
8
1
x48
Aug
12%
Jan
8
47
13
r*;'8% Nov
'(13%
9
,70% May;24
Dec
55 %• Mar 16
Dec
;,28%Feb\ll
15% Dec ; 7
10% May
55% Jun
68 % Dec
13% Jan
85
9
Feb
20
2
'• Jun
*;3.7
,18%
:, Feb >•/ 14% Nov 13
79% Feb
■y\ 57 % Feb 28
27
Dec
*10%
*58 % May
•
12% May
'17%
137%
Dec
39%
28%
Apr
Dec
Oct
.
Nov'
X18
172;:VJan >138
Dec
34
.
*22
3
93%
11
"10%
38
1
4%
4%
*2%
*22%
21%
453/a
Dec
Oct
41
152
'
30% May
98
'•
v2
35%
*35
•'
88
171
,39
7.8% ■; 9
67%
Stay Cement-Corp_——No Par
7*65%
66
65'/4'
66
-21%
21%
203/4
21%
19%
19%
19 'A:.
193/8
: 111
10%
36
Jan
27
40
Apr
.U29
Oct
14
142
Deo
i. /
>27%
'U%
;
30% Mar 16
Jan
: 94% Dec
:"Mar
8
2
13
,
Nov
.10
Jun .10
X16% Feb
9% Feb
11
Jun
6
18%, Aug
500/ Dec
5
12 %
Jan
Nov
12
>10% Sep
8
Manati
^>ugar
Dec
14'/a
Feb
7% Dec
17
13% Jun
28
Mandel
Bros
22%
Dec
32% Feb
16% Dec
22
5% Feb
10
7
; 3% Jan
19% May
6% May
14
>
: 6 % Dec
May
14% May
24%
Oct
63 %
26%
Nov
35%
12
k
Jan
18% July
24% May
Nov
190
Dec
47%
X165
14%
93
50
113
-
Feb
8% Dec
.
Jan
33
Jan
.
48%
35% May
84
Nov
110
Jan
Dec
10
Apr, 16
21% Dec
-
.
Jun
18
112
Jan
>
9
41% Jan
24
.
Jan, ,13
12% May 15
43% Jan 21
17
12
'•■$6-' 1st
Mcoall
Stores
preference—-No par
cum
_'Jl-
Corp
23
—No par
%
Year 1947
Range since Jan. 1
Lowest
Highest
S per share
t per share
STOCK
YORK
NEW
10%
>1
;18Va
88 %
*87
:
,Xl8
*490
Ji,
83/4
I■
16 3/a
7%
19 %
195/a
193/4
6%
6%
*163/4
7 22 3/4
7*94%
12%
'
*34
18%
>55 %
"18 Va
38%
38%
100
1,600
173/4
18%
13,700
18 v*
•
■
'7%
,20
65/b
Monday
223/4
;.22%
>95%
'95%
.*94%
.10V4
10%
■;io%
' 123/e
20
10%
^,56
9,800
12
12
56%
5,100
23%
96
,
2,600
56%
2,400
18%
18%
"1,200
39
39 %
2,100
171
39%
88
88%
87%
87%
84
171
171
39%
,88
873/4
^*83
171
85
10
40
*T69
40
*,87 %
4,300
88
80
39%
'
83
7 83
83/4
•83/48%
,*33%
34
,21%
1,11%
21%
*87
88 Va
'*83
140
85
30"
•" *93/8
9%
1,800
*33%
,.35%
*33%
35%
200
*111 Va.
112%
*111%
112%
,21%
213/4
21%
213/4
,
Thursday
:
'
Dec. 22
Rec.
87%
9%
36
21%
.
>87%
r
93/8
9%
111%
111%
.,'7
."'220
>22%
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
ao
10,900
4,900
18 3/8
39
,,21%
2,000
6 3/4
163/4
■v
500
,
39
88
7110%
20%
163A
19%
,
18%
*83
.
8 Va
8
6 3/4
56
500
16 3/4
17%
12
2,400
73/8
*163/a
38 '/a
*87%
111%
7 Va
7 Ve
73/8
18 Va
*168
34
540
>490
,7%
38%
88%
>
>
*
6%
56
171
39 %
34
7 f;,Dec. 18
,
1
>.87%
21% 722
Saturday
.
,756
.,,,*168
,39
9
*110%
22
56
"
84%
,
7)4
>*110%; 112
12%
'
18%
8%
35 Va
7*21%/
712%
200
193/a
19%
123/8
95 Va
3,100
943/4
*187/b
>
10%
32%
11%
r
23
>10%
23
7*94% 7 95%
.10% ;?io%
,
21,300
..*10%
>16 3/4
17%
2378
7%
63/4
17%
7
7133/8
>31%
163/a
7%
200
137/a
> 943/4
19%
73/8
»
37»A
:*36 Va
S?490540
:>, 7
7
16%
400
11
19
-
90
18
95
520
,
7,000
93%
,*430% 135
31%
t
*10%
:
400
5,800
22%
,
*17%
37%
>
24%
38 Vb
21%
*91 Va
150
153
,
3 .7%
,
93%
17%
>94%
7%
,
31
6,200
r* 23 3A
*i: % 135
>133/8
13%
-
1,100
19%
21%
.-,,*36
800
21
.152
233/4
/
'
18,800
66%.
*66'A
38
17%
1,100
5,200
15
,.19%
153
21
7%
'88%
88
*83
.V
8%
t
173/4
800
>21
19%
;xi7% ■
7%
7%
667/8
,21
*.18 %
7 Vb
'
19%
*87 »/4
88
83
:.83
73'/a-
14%
;
'
,7:91%
,
6%
39% h.393/4
,*88%
39%
17
4,400
1
'
.19
*16%
171
*168
171
*39%
*87 %
•
'6,800
17
'413/4
7.14%
/ 3,7%
11%
37%
37
;
42%
73%
173/4
7 23 3/4
95
'18%
18%
12,200
9 Va
65
73%
*66
31
;*94%
373/4
19
363/4
*168
.
/EXCHANGE
.Highest
7.30%
65/s
STOCKS
Range for Previous
Lowest
73%"'
1,7%
1.4%
13%
.,16%;, 163/4
-" 7% : 7%
.
12% ,12%
56
'•^51/2
56
5S
39%
-.17%
17 Va
•".
.37
77%
225/8 •23
12 3/4(
90
171 %
K
41 Va
'
12%
3,100
88
*64
135
>13%
.520
7%
-
7,94% 796
:'103^ ; 10%
10%
10%
88
,•65
,
7,95% '95%
preferred
Dept
"130%
16%
.
700
171 >/4
16%
153
*36
,37
,7Vb
.
'
65/s
16 3/4
363/4
100
common.——5
$3.75 preferred ———1„
No par *
$3.75, cum pfd 1947 series—No par
$3.40 cum pfd.^.
4-No per
Maytag Co .common.
—-No par
S31 preferred
.^No par
7%
May
*151
718% ' 19
,19 3/4 .,.20%
19%
193/4
„
6%
17%
*18%
26
,93
20
6%
16 3/4
1
Jan
47% Apr1 20'
Jun •' 3
v85
*400% Aug
■97% Mar
4
873/4
40 %
•
23%
.233/4
7,37%
38%
,20% ' 21%
7*91 Va :93Va
.*173^
18
,
/ 16%
8
..
5,100
35 %
*34%
65
(
7,600
8%
8
>9
67
67
152%
,24%
*490
*16%
77/«
3,900
46
"*
9
14 %
.
8%
17
213/4
i,45%,
9
"17%
>94% 795
*711
11 Va
/8
*
1,800
; *38
41
143/a
>
.*36
20%
7%
23
,
*•
8%
21%
,
:*38
771
71
.
,:l33/8
133/4
30% 730%
19
.
800
2,200
40
.16%
>17%
*130% 135
*490-- •520
8
Corp___No par
Co-i.:—
Chemical
176
6
Dec
Electric
Mathieson
16%
173/4' 173/4
-■
*7%
20
i
4%%/preferred v——J—100
(Glenn L) .Col„_—^
1
Martin-Parr^ Corp
No par
Masonite porp —
-,No p^r
Master
40%
,
7%
8
.
22
:
7
*91% ; 93%
8%
*16%
'
>
720%
520
•
.*7%
■
,19
20%
,
,
*7
'
prior ,pfd_"—100
6%
Ry
Oct
.
*490
"'f'
——5
45
29
1 20%
,
Martin
69% July
9
27% Mav ?n
:r77% Aug 13
Dec
,-82
St
40
,.,38%
7.21/ 7 21%
'11%
11%
19 %
19
Marshall Field & Co com——No par
'
.19% Jan -16
35% Mar 16
,,,85
108% Mar
Nov
Market
16
12
8 Va
453/4
171
65%
900
22%
171
O
>39%
9
>64
'67%
*22
745%
.8%
: *8
35
873/4
171.
*, 8%
3,200
21%
>35
v 87 3/4
.
2 3A
,8%
<
21
35
87%
*
Co_'—J———L-—1
Exploration—"—1
/ Marathon Corp ■
_6.25
Marine Midland Corp_——
5
-
>
23/4
>45% .,453/4
78 VB
,-8%
8%
'35
737%
94%
•
94%
'
45%
800
,
2,300
8
8%
21
8 VB
2,700
5
"453/4
19%
*151
•133/8 r 13%
31
*31 Va-
■
•■•
20%
45
,
10V8
373A
4%
^22
8
'
,
.
23/4
.»
7^20%
36%
-
9
v
43/4
x45%
19 V\
17%
36%
8%
38
1,600
*
7
8
45
•
,203/4
93
*■130% -135
31%
'95
*1-1%
Maracaibo Oil
22% Apr ;16
11
31 %
_—.—..No par
-Shirt;
Manhattan
103% Jun : 9
>
t
o
27 V4 Feb
May 20
29% wiay 13
,
84% Mar 27
Dec
Jun
8
17% Sep
Feb
,88
42
23
22
Feb
4:106
*
7% May
Dec
7
~
25% May 17
,
"18% Dec-22
Jan
49%
39% May
15
9 % N iv V;
Jan
39% May
175
17
92% Dec
k
'
,
Jan
14% Jun
20
2QVs Dec
Feb
34
23
Apr
26
*
17
Feb
is;
111% July
Dec
525
18% Mar 18
Feb
Dec
34%
22% May
,97 %
-
:;'.6%
Feb
8%
16%
.
,1520
Dec
277/8
May
/
17%
8
.45
.
!07/a
373/4
10%
22
22
:.2i%
7
..,20%
,7152
21%
9234
36%
1*94%
23/4
>19'/a
*23%
38%
21'%
*130'/a 135
13%
13%
23/4
719% 719%,
,,
1
.
Mahoning Coal RR 'Co_i„—_—,50
Oct
May
9
38%
18
36%
!
,
4%%
9 %
-.
10
com—
Co Inc ,com-^_-No par
vpfd-Vserie»
—100
Madison. Square
prarden'-lJ-No par
Magma .Copfrer
___10
Nfagnavox' po;•• <THe)c^_^,>:_:
1
24% May 20
21
Dec'14
25
Forbes
&
2%
14% 714%
66 '/4 'M 661/4
.20% ,.20%
,
24% '. 24%
'
93%
,
*17%
Macy <R H)
V
4
(.15% Apr 12
20
'
'
,
v
A%
:
.71% : ,71%
717% 718
"
,15
.451
"
'
38% ,38%
21%
2iy„
791%
10
preferred —1-——•
100
Trucks Inc>.7——5-
6%
Mack
39% May 27
103 % Jun
10
Co_^———.—i.
MacAndrews
Feb
5
21% Mar
Dec
455
Nashyilie_i—j__—_50
Jan
Nov
...
1 15%" Feb
,11% May
Apr
72
151
.152
23%
,
23%
'
(M) &-:jSons Inc Com—1
series
^_100
;
Steel
Lukens
"
16%
&
pfd
Lpwenstei'n
.•4' 4%%
Jiny
*151
4%
800
,
93 Va
.*91
;793%
700
26
"
UL6 %
,18%
143/4
22
103/4
; 16%
739%;
'
^100
21%
*91
*74%
"'78%
765%
,
,-j._-_No par
Gas & Elec Co (Ry) No par
7
*373/8
739%
"16%
70
1
>36% i 37
22%
t 22 %
37%
171
66V2. 67
39%
40'/a
•16%
1,600
260
'J 26
37
10%
*38
7- 83/4
3,000
10 %
43
;• 36%
,10%
873/4
'
*69
10
»-43
93%
170%
'
2,000
173/8
17
10
5,000
5%
*5%
44
*373/4
45%
*38
5
5
6
26
22
,"87
718
,7%. preferred
i,ioo
9%
36%
,*168
87
170%
15
Lousville
45
17 3/8
;
,; 8%
,35%
35
18 V8
Louisville
44 Va
7*25%
21%
21%
,44
*37%
9
*66%
87
9
20%
■
.35%
,
170
39%
'8%
::
600
*423/4
27
:*9i
4'45'/a
7. 8
,
8%
69 Va
4
24% Jan
>17
Nov
41%
.
Dec
6
21%
21%
*34%
.
*■-45
■#.f:
441/4^45
a;
8
*37%
10%
43
36'/a
I
".,23/4
,22%
.22
451/4
7 9
8%
*86 Va
17%
*253/4
V; *,7% ";.8%
;• 8
9
8%
8%
.7170
4,100
55
'
(:10%
2%
23
7%
45
-
2%
44%
21%
/
f
80
37 %
5%
*5%
•
8%
45 %
8%
par
913/4
37 Va
"♦54%
44%
5
5%
.43
738
738
7,4% 7 4%
14%
22
35% May 15
Feb' 11
'38'
18%
Nov
30
-
.10%
710%
*22'/a
*
-
Mav 1 5
125
,:/93%
23/4
23
°7%
*45
5
1,400
90 3/4
c
37%
44%
17%
l0»/a
10%
35%
,21% ...22
93%
^91
•; .4'% 7; 4%
3
.
150
' 30 Va
30
>,
,91
36%
5%
5
735%
•
(The) —ii——u—_1
Jnc-
30
100
65%
564%
*547/8 T 55
53/8
.,45
.26%
j
7126%
22
37%
10%
16% 716%
Jun
158
10
'22
Nov
*
*91
*10
"35%
22 "
22%
*91
38
91
,
17»/4
6
17%
*43
:27
-
•; 39% ,.39%
Lone
4
July' 15
21% Sep
7
Nov
>20
.
.,'99%
687/8 Jun
lOVa
""26%
"35%
36
5%
45
101/8
Long Bell Lumber ^Md), A_1.N0 par
Lorillard (P) Co ,copmon_iJ_^—_10
May 21
<' 30 %
.<
5
•
26 V*
Mar
Nov
Feb'
101%: Aug
'
13% May
134
i
-29%: Oct
17% May
.93
~
19
37 % Dec
23.:
53
9
Feb
18
21% Jan
5%
*43
27
*35%
;
90%
.31 '/4
441/4
5
45
27
-
"90%
,37
•44 'A
10%
*43
3yi-% ponv pr€ferredi_,,_i__Ll00
Lp.ck.heed'Aircraft poTP_--i——---l
'
29%
"29%
210
7 96
„96
^12%
133/4
65%
.
,2.500
„
*
65
,44%
5%
—Ro par
Loe.w's
96%
*123/4 *"14
133/4
44%
•-
•.
21
43%.7 .43%
'
V 20%
{,21
54%
53/4
Corp___7_N0
21%
96 %
54%
17%
Stores
21%
800
13 Va
54%
5%
products—
,*13%
'54%
17%
,
44 %
13%
54%
54%
Lipuid Cprbohic Cgrp .corn--.-No par
14
24% J,un U-
,
"91
361/2
5%
Oil
Lion
11
23% Jan ' 14
-
*90'/a
,
13,300
2,200
56
44 Va
'
5
&<• :^p}by^_—^—7
Life, Savprs Corpr_—
5
Liggett & Myers Thbacca com—--25
».7 %
preferred - —-.^-—--.----lOO
Lily Tulip ,Cup Corp—,——-.7-No par
Liipa-Hamjlton Corp
—5
Link! Bplt fco—_iL—^__^No par
May 14
Jun 10
44
lyic^eill
r Libby
1.74.%jyiar 30
55
91
17%
Libbey Qwens Ford ,<?]assl^_-No par
2
91
■
16
30% Jan
109% .Feb
35%
v
Oct
Nov
33
f
Oct
63
May
>8% Dec
.
Lerner
1
12
'
Aug
19 V2
56% J.un
J.0V2 Apr
,
!
37
5%
.
55%
%
,65
29%
Shares
I periShare
v.
,f
21%
65
,30
,90%
90%
736% .737%
Sales
thuWeek
96
.
*12%
729%
17%
Corp
Lo>u) .os Finx
26% Jun ,14
»
38% Jan
29
Mar 12
82
157
Apr
24 %
•
2
Nov
May 20
"30
-* 13
for
(FrMay
,55%
433/4': ,44%
;13%
96
f
.65%
5%
& Sons COiCpm—^-3
(James)
Lehman
May 15
X2
31% Mar 16
•«,
Jan
Dec
47
,
96%
Dec
•33% May
.10
8
191% July
May
-
20
-,.43%pec
.Apr
40% Oct
•29% Mar
78
..16% Feb
Feb
59%
11
May
169
Feb
25'-,
May
,
.46% May.
'•
56
23
Jan
July'12
10% May 12
-
> ,8%
Dec
24
Dec
Jun
.26% July 12
19
38% May
.14
24
4%
•
19% Mar 30
25%
Dec
.8%
,
2
Jun
5%
.
13% May 22
9
65
!
55
44
21%
13%
*12%
67
29%
30
*54%
3.85%; cumulativp .preferred—_ 100
Lehigh-Coal & NavigMtiop,"Cq— 10
Lehigh
Portland *;£!Pinent___'_—25
Lehigh Valley RR_
50
Lehigh Valley Coal cpm_————1
$3 nori-cum 1 st - preferred —*N0 par
'-i
50c non-cum 2rid .pfd—,,-No par
- Jun 16
>99
•39
4% Mar 16
30 Va
.
137/o
'
17%
12
Lees
"*13%
.,*66
I per share
4
.55%
*13'A
•
,213/8
795% 796
Co—
4
pfd.:>75 Pesos Mex
29% May 6
•47
May 18
J. 26% May 28
1
13%
67
*90%
*36%
common—L4-—No par
Bryant
23
pec. 24
,
;
'
4%% .preferred
—50
Paue-WeUs
Co—,-——i—
—1
Lee Rubber & Tirc-71——5
21% Dec
-
13%
share
433/8
.
21 '/a
96
(The) —.—No par
6%
Co
Lane
s
211/4 " 21%
96
43%
14% May 15
Mar 19
;*i3%1 H%
7
21%
67
S per
55
56
13!%
13%
96 Va
21%
*29%
55%
55%
.
"43% ' 43%
13%
>96
Light
Gas
Consolid
Lambert
55i%
744 % 745 %
45 V4
Thursday
z D®c> 28
1
.
Dec. 23
t
t per share
J per;fhare
ij
Wednesday
Dec. £1
,.jMeg,7o
■
56%
13%
»1__- *-^JNo par
53% May .17
,Oct '
' 35
.
Feb
101
Dec
:
Feb
55%
»44
-100
,
1
9% Mar 12
42
2o7/8 -Aog
.
Apr
Mar 24
L
Dec
12
24,.
5% Dec
17
preferred
Kroger Co (Tne)
Oct 22
49
.
'*«•
.t
County
v.4 %
(2699)
Tuesday
Monday
r
i«
t per ,share
Kresge iS S; Co>^>-.>—10
Kress (S H) & Co——.-—No par
3
16
40% NoV
Oct
v'
.95%.July 15
.
Feb
45% Feb
Oct
-7
4% May
Mar
'32
* Feb
40%
,
,,29% Feo; 11
\ 89
-Nov. 9
102% Aug
34
45
•
24
11
Jan
20
Jun
A 90
20
38%
% May
•25
Feb
20
16% Oct
1
-
>:;:>>
.;
,i>ec.
>
,
Copper—£---—~~No par
Land Co
5
Keystone Steel & Wire Co new No par
Kimberly*-Clark Corp com—No par
74% conv 2nd preferred———100
Kinney i& R) Coi.common^
1$5 prior preferred———No par
Koppers Co Inc common——10
Kern
Apr
85
116% Feb
Dec
11
65 %
19
Pep
Ded
.51
Saturday
7
EXCHANGE
Kennecott -
23
'
12"%
Dec
CHRONICLE
LOW AND HIGH BALK PRICES
«,TOpK
/ .
NRW YORK
,
;$ per share
60% Oct
42 V4 Feb
40% Nov
21%
:
.Highest
Highest
$ perthare
•-
fUnge since Jan* 1
Year«47
,41% May
FINANCIAL
STOCKS
Range for Previous
Lowest
&
20.
2,000
Friday
Pec. 23
Sales
Dec. 24
for
the Week
'
24
Dec
35
Mar
24
May
46
33%'
May
82
■
Dec
107%
Feb
25
Feb
11
Feb
88
Jan
5
101% Jun
14
Nov
10
'42% Jan
15
45%
Oct
32
„
$ per share
$ per share
Feb
29
••
36% May 21
■.
.
'.V "
Par
:
•+
t.per. share
*30
...»
'*92%
Publishing____No par
*24%
4414
May 15
McGraw-Hill
r
•35
52%
May'
Mclntyre
Porcupine
McKesson
&
$ per share
30%
•30%
30 %
30 %
30 %
.30%
*92%
94
*92 34
94
36
36
.33%
33%
34%.
34%
'*24-/2
20'/2
243/4
"243/4
35
:'
34 Va
.
.
%-xva
243/4 ' 243A
36
w%
30%
31
700
*923/4
94
130
33%
33%
'
'
1,300
25
*24%
■
>
Shares
$ per share
30%
^92% ;V92%
44%
31
share
92i%
94
*
23% Mar 17
I per
92%
25%
Corp
,
-303/8
30%
com—__—„1
3%' % -coriv preferred.
——100
McGraw Electric' Co—L
1—1
Stores
McCrory
$ per share
J per share
'
:
200
"
56%
Jan
105%
Dec
87
Feb
44
30% May
Dec
9
29% Dec
22
41
t
Feb
87
1
•.35Va May-15
Jan
5
98% Jun
2
17% May
25%. Feb
18% Feb
11
24% Jun
9
21%
31%
Feb
16V8 Dec
24
.24% Jan
12
23%
Oct
15
17
105%
Feb
80% Mar 24
Dec
16% May
88%
40%
Jun
50
Dec
Feb
20
May
May
,24 % Jan
55% May
73
Feb
13% May
19%
Jan
65%
12
Jan
48
.
;
Dec
Dec
103
Dec
.
12 % Jan
44% Feb
17% Feb
35% May
47%, Jan
Dec
,11.1% Aug
9,7 %
12% May
48%
Nov
136%
Jun
10% May
156
Feb
35
Nov
11
Nov
14%
Feb
66%
Jan
42% Nov
11
Dec
Feb
87
51 %
Apr
70%
Dec
54% Mar 11
99
Dec
102 Vb
Dec
98% Oot
7
May
15
Dec
104
Jan
123
Oct
56%
Oct
11% May
25%'
32% May
8 May
51%
Jan
.13%
Sep
for
footno
Feb
32
■
sct
.
Nov
15
25
Nov
10
42% Feb
140
10
13% Feb .11
May 10
July 13
;:98
'78
May
21
18
73% Jun
14
•
9% July 13
34
23
44
._j?eb
11
715%
21
July 13
Jan
5
Jun
29% July
Minn
24
6
St
P
&
SS
3.20%
Minn
$4
Minn
conv
Min
&
M
pfd
cpm^
series A_,
preferred
Moline Power.Impl
Mo-Kan-Texas
RR
/*2,2i/4
"2234
373/8
,*96i/2
■
*.104%
106
.*105
13%
43%
134
12
93/4
7*89
9%
,t
44
9° Va
...106%
.13%
.
45
*41%
2,900
30
*93
95
16%
16%
*
21
16%
16%
16%
15%
15%
16
83a/4
83%
83%
31%
32
32
32
20%
21
203/4
20%
12%
12 VB
12%
12
12 Vb
*48
48%
*47
48'A
13'/a
133/b
3,400
8%
2,300
12%
*131
11%
9%
42%
*89%
*96%
*105
,*31%
5%
;
54
23
*35%
54%
533/4
5%
53/s
23
36
1.25
101/8
10%
No par
*231/4
24%
*56%
,88%
22
:22%
22
38
37
"97
96 3/4
106 V4
106:%
;
37%
13%
*13%
46 V4
423/8
42%
133%
130%
131
131
*130%
113/4
12
9%
10
44
90V2
*89
65%
*103
12
12
.
9%
10
45
.45
89
90%
66
65%
104
*103V8
11%
12%
9%
9%
45
■45'/a
89
■<
89
13%
54 Vs
54%
53 3/4
,54%
54
53/s
5%
53/8
53/8
lO'/s
241/2
,
34%
35
10
10
22%
22%
5%
10
22%
1 1
130 Va
so
;*
j!
12
1.500
10%
.
1
j
>
3,000
45%
3,800
*89
13%
13%
13%
6.600
119%
*118%
1197/8
U
ll
'
230
55
5
54%
%■•
23 Va
34%
34%
9%
22 Va
89
22 Va
,23
34 Va
400
10
55
351/4
1,000
8,400
80
119
10
14
45%
12
.
;
43%
10
9%
,
.
;
46%
1,300
13%
35%
46 VB
*42
11%
,
"1
20
67
118%
2234
107
90
,13%
.
',120
130%
45%
:
700 *
37
104
118%
23
1,900
66%
133/4
223/4
22%
300
*103 VB
1183/4
23
>
68
135/a
5%
1,100
88 Va
104
1183/4
,
573A
T
98
-,*13%
132
■.
'
67%
il8
14
8%
>
>
*103 Va
66%
104
1,100
4,000
*106
133/4
."•45%
42
43%
•'
.: 900
37
106%
•457/a
131
190
*97
97
42
22%
*23%
8%
88%
45'/a
lk.No par
com
1
.^No par
*105
13%
573/4
*13 Va
13%
651/2
—J
96 3/4
21
8%
*87
457/e
IO31/2
com."
106%
213/4
*37V4
98
7,800
/
32%
,,20%
573/4
87
213/4
•
:
83/8
56%
42%
103%
133/4
83/B
133/4
*64i/a
118
39
13%
87
22Va
-
49
'56%
8%
57
-88
833A
*83
1
453/a
,65
-.13%
13
16 Va
15%
*41%
13%
103 Va
'
•48%
13 VB
22
*37
>12
49
.
«
50
13
313/4
88
1,100
15%
21
57
,
!
{
21
16 Va
.200
500
20%
83 3/8
12
12%
|
3,700
,
20%
43%
>
764
20
30
95
453/4
..
*103
100:
43 Va
43%
30
.95
2o-y4
21
8%
8%
-.39
45'A
44
;
571/4
,
^__No par
1
44
-29%
95
153/4
,...*48%
.
..,.99
13%
3
..
57
,*871/2. 90
;. , .221/2,22%
....
*37
118 Va
Tool.i
:*8%
.>
,
'98
45
*131%
*113/4
-
...49
! 131/8
98
.
13%
preferred, series A
Mohawk Carpet Mills.^.
Mojud Hosiery .Cd Inc
:*47%
373/8
i
*117'/2
,7%
Machine
90
—No par
1
10
$6.50
Monarch
*87'/2
*41%
100
44
29%
203/4
31%
:
121/2
,--13
8%
8%
,5.7% 7 57%
vtc___No par
Mfg__—.1
preferred
Mission Corp 1 —J
,
A
44'/a
833/4
*83
32
12 Vb
..
49
100
Regul
*31%
'*93
163/4
15%
15%
84 3/a
....-203/4-/20%
> 13
.10
Minneap & St Louis Ry___—No par
.293/4
,
21
16 3/4
16%
15%
<123/8
13
No par
com.
preferred
Minn-Honeywell
17
18% July 13
1st
8%
3
May 17
121% Oct
22% Dec
it'2b.
17
Prod
Steel
30 Va
,' 93
>20%
21
*83
31 %
12%
'.*48
5
Copper
Midland
153/s
84%
93
'
Co/l_ 1——_i_-_—5
Mid-Corjthnent Petroleum.^
16%
31%
No par .-
series—1/11.100
17
1*20% / 21
i
Edison 3.90,%; pfd_100.
preferred
4.35:%
Miami
:
*203/a
15
—I—4-No par/.
& .Scott.—No par
6
14
105% Jun
Machine
'21
84%
common——_—^^-1
7
16
',34% psc
9
Jun
,56% Apr
11
Feb.
4
Feb
23%
Feb
51% Dec
10% Mar 16
109
Feb
8
3% May
19% May 27
t69% May
9
84%
Mesta
Metropolitan
J06% Dec. 23
9% Mar 17
30
30
Co
Transp
Merritt-Ghapman
Mar 16
129 »/a Feb
Min
27% Jun 15
11
38% Feb, 11
6% May
28% Mar
&
& :Co Inc
,,$3.50 .preferred
;44%Jun
47% May
114%
Merch
Merck
t95
*16%
Co—
n
*
"97
*20%
.
8
,
104% May 25
8
Mfg
"30
30%
301/s
-
*93
4*93
—10
Mead Coi*p common,
L*.l—No par
4 % %
pfd (1st series)—_—100
4% 2nd pfd (2nd series)
50
Melville .Shoe Corp^ia—1—1——-11
Mengel Co t (The). ..common.———1
5%: conv.: 1st .preferred-—.
50'
Mercantile Stores ..Co
Inc..—3%:
Norris
McQuay
"44
" 45
'
Co__1——1
McLellan-Stores
44 Va
443/4
44%.
>30y8 v30%
No par
preferred
63% July 13
13
10
5
18
.95% Jun 23
Mar 10
„
Mar
15%
50% May
.
,
Nov
13
Dec
45 %
5
11
-62% May 15
18% Jun 24
,92
18% Mar
Apr
29% May
16
28
>36
101% Nov
33
46% May 28
>85% Nov 19
% Mar
8
725
Jun 1 2
,19% May 15
21
118% Nov,
.43% May
,33
96% Jun
2
20% Dec
,
23% May 25
21
31% Dec
25%,.Jan
16
Dec
$4
Mines.l
Robbins Inc com
24%
55
.
'•
3,700
5%
23'A
4,800
35
35
;;
7,800
23
>
5 s/8
10
10
*10
10%
22%
223/4
*22%
23 %
jt
1,000 >
1,200
,
>
400
i.'
24
THE
(2700)
COMMERCIAL
f per
9 per than
thare
17%
Dec
10
Dec
23
20
Nov
65
47% Mar 16
Dec
6
May
27%
Dec
14%
Nov
20% Jan
27%
Feb
*19 % Dec 21
17% May
25
2:5% Dec' 21
13% Nov
10
Apr
107%
Dec
9%
9
13
Motor
9per thare
19 per thare
I
Friday
Thursday
*v
Dec. 22
,
Dec. 23
,,;.
t per
< per thare
perthare
Sales
for
;.
the Week
Dec. 24
.
*103
106 '
*107%
110
No par
Utilities
Co
5
9%.
47%
103
47%
Sharet
thare
\
104
103
*102
108
108
108
*
108
19,000
10%
11,100 ?r
*22%
23%
22%
22>/a
500
19%
19%
19%
19%
19%
23%
23%
23%
23%
23%
*9%
9%
53%
54%
54
10%
10%
10%
10%
10%
10%
10%
*22%
23%
*22%
23%
*22%
23%
22%
22%
20%
20%
20%
20 %
19%
20 %
19%
No par
___5
23%
23%
23%
*19%
Inc
Products
9%
10
No par
Co
&
9%
54%
10%
-
'■
23%
23%
23%
Dec
14
33% Feb
16
45
2
112
23%
.
" 55
.
Jun
2
Jan
2
Dec
16%
Dec
12 %
Sep 21
44%
Feb
34 ■'
Dec
17
43
Jpn
56
Jan
50% Jan
23
55% Jan
8
19%
Feb
14% Mar 16
Feb
20
19%
19 %
19%
19%
19%
19%
19 %
19%
15%
16
16%
15%
16%
16
16%
16%
16%
16%
1
14%
14%
14%'
14%
14%
.14%
14%
14%
14%
14%
14%
2,200
1,000
3,900
16%
Mfg
14%
10%
10%
5
comi
'
40
*110
40%
.
111
13%
10%
*10%
10%
39%
1
100
.10
50
13%
13%
13%
*33
35
*33
*50
13%
34%
52
*50 %
52
500
34
34
;1
20
3,800 : 1
13%
51
*50%
51
1,900
111
13%
34
*50%
600
'
13%
34
13%
34%
13%
34%
*50%
13%
.
fi
'3,500 *'
'
<40%
40%
*110%
111
*110%
.
10%
19%
49 Va
*49
40%
111
*110%
13%
52
*10%
10%
*40
49%
111
34
34%
52
*10%
10%
40%
*110%
*50
No par
10%
40%
110
110
1
4,200 ' :
,'
19%
15%*
preferred
Murray Corp of America
4% preferred—
Myers IF E) & Bros
29
50%
19%
1
4%%
'
37% Jan
19%
Brass Do.————
Corp com new
Munsingwear Inc
1
Murphy Co. (G C) common
May 15
1,100
9%.
55%
9%
53%
'«
9%
10%
9%
54%
5.
300
545/e
*9%
53%
1
Lines
,
900
109
10%
9%
9%
55'/8
.
^ 103
104....
54%
No par
103
*108
103
108
104
108
103
110
*107%
10,700
47%.'48%
V
47%
46%
47%
47%
47%
Mullras
% Dct 26
14% Oct 23
•
A—No par
47%
47%
Mueller
107% Jan
10
*47
Corp
Motor Wheel Corp___
17
Jun
PRICES
Wednesday
Tuesday
Dee. 21
_
3
(John)
Motorola
16
9
,
com_____5
Co
series
series B
Morrell
Jan
Feb
Nov
40%
112
Dec. 20
9 per thare
Far
,
Moore-McCormack
Jan
15%
May
Monday
Dec. 18
preferred
.
preferred
Montana-Dakota
29% May37
23
May 27
24
Jun
9
22
Oct
35
Saturday
Montgomery Ward & Co
May 21
21% Dec
27%
Mar
$4
27
May
19% May
17
•
,
17% May 15
11% Jan 23
•
$3.25
May 15
112% Apr
6
10% Oct 18
15
Feb
9% May
■
Chemical
Monsanto
122
1
105% Mar 17
99% Dec
9% Dec
24
<•
••
RECORD
LOW AND HIGH SALE
STOCK
YORK
Monday, December 27, 1948
.
1
64%
15%
'•
61% May 17
29
45% NOV
63% Feb
128% Feb
May
49
STOCK
.*
EXCHANGE
|(
9 per thare
than
J
CHRONICLE
'
'
110 % May
Highest
Lowest
Highest
49 V» May
NEW
Bangs sines Jan. 1
Year 1947
• per
;
STOCKS
Basic for Fmlou
FINANCIAL
YORK
NEW
Lowest
&
N
May
14:
May
<
21
29%
May;
19
30
21% Jun 25
Jan
19% Dec
.
Jan
Feb
4% Sep 29
8% Feb 11
16% Feb
9% Nov 26
16%
14
9% May
;
Jan
34
Dec
29
27
Jan
34%
Feb
26% Feb 20
33
Jun
162% Oct
5% Nov
43 %
May
8
National
7%
Biscuit
3
Fibres Inc
Co
Can
National
Cash
100
City
National
Container
14% Aug 23
National
6%
Jan
24% Mar 17
32
Jun
2
National
Dairy
Jan
14 % Dec
21
May .21
National
Department Stores
National
Distillers
14% Dec
38
Jun
10
16
177
Jun
7
130
Apr
28
6
Jan
95
74% May
21% May
11%
Products—No par
27%
28
.27%
28 Va
27%
5
14%
14%
•14%
14 Va
14%
No par
17%
17%
17%
17%
17%
17%
12%
12%
12%
12%
12%
28% Jan
.
23%
11
«
20
Nov
2
Natl
Power
&
Lt
cNational
National
Jan
21
17%
20% May
12% Dec
Feb
10% Dec
10
30% May 27
15% May 26
Natl
Jun
9% Nov
10
12% Jan
Natomas
9
29
29%
Dec
24%
18% May
13% May
Feb
18%
107
Feb
Nov
29
Nov
12% Nov
Feb
100
July
Feb
26
19% Jan
30
104
Nehi
6
serial preferred
20% Feb
11
34% Oct 22
24
43% Jun
9
New
York
Air
York
Central
98% Jan
12
24
12% Jan
8
Dec
17%
Jun
Feb
12% Nov 30
Feb
70
Feb
12% Feb
11
18% July 12
39
10
92
N Y Chic & St Louis Co
121
Dec
20%
Feb
26
62%
Feb
July 12
144
July 6
23% Apr 19
11
9
3
Mar
49% Jan
Jan
290
Feb
11% Mar
20
•
Aug
Dec
Feb
200
Jan
27
61'
19
255
19
Nov
84 %
Dec
10% May
80% Dec
Sep
20% Feb
107
Mar
86% Jan
6
16
Sep
:
.100% Aug
•
&
5%
N Y Power &
17
2p
Jun 21
,
Bangs
33%
25%
8
.8 per
thare
.
'
16%
25% Jun 21
Noblitt-Sparks
i8
17% July
Noma
1
Dec
20
36% Jan
55
Feb
18
62% Nov
25
Aug 24
28% Jan
13
Dec
33%
Jan
14% Mar
17% Jun
17
6% May
83 %
Dec
10%
23
:
Feb
115%
Jan
Dec
30%
13% May
90
90%
22
22
18%
17%
83 Va
*83 Va
22
22
22
11%
11
Va
*10%
8
Jan
3
9%
9%
9%
93
Nov
25% Feb
22%
Feb
16% Feb
102%
Feb
78
Jun
30%'
*93.
93%
36% Jun
11
27% Jun
11
American
Dec
103% Oct
11
Aug
22 %
Apr
19|% Aug
25%
Oct
16
33
Jun
90
Aug 11
*93
*56%
58
13%
14%
13%
74
'*68
Ry
14
Natural
Gas
Pacific
3,400
300
•
:
30
<
;
74
56%
<
13%
'70
*68
8%
13%
56%
7.600
13%
56%
56%
*70
8 % NOV
Nov
109% Dec
5
9
17% Mar 20
9
27% May 17
40% Apr
45 %
Jan
33% Jan
2
Dec
13%
Feb
3% Sep
20
12 !
Dec
18%
Feb
27
Dec
38
Jan
91%
Dec
6%
22
24
$3.60
73
31
30%
31%
30'/a ' 30%
30%
30%
31%
31%
31%
32
31%
31%
32
xl2%
'12%
12%
12%
12%
12%
12%
12%
72%
72%
72%
*130%
131%
130%
73%
133
74
72%
13%
*13%
14%
13%
22%
*21%
22%
*47
53
*47
55
*230
255
*230
255
'
.
:
1.600
-
12%
40,000
13%
?*21%
2,700
53
255 /
*47
•v
84% Jun
10% Mar 18
Ohio Edison Co
Tire
Norwich
*8%
8%
8%
8%
30%
30%
30%
30'A
30
•"
,
255
8%
8%
30%
93
93
93
16%:
93
.
.
*15%
16%
*i5.%;
.,
7
"
13%
*21%
22
.
*86
92
<-
*47
51
*46
*230
'
255
*230
>
255
8%
9
«
8%
4
30%
9
3,800
30%
30%
30%
r
93
91%
91%
*91% .92%
*91%
15%
15%
;r i6%
16%
*16%
16%
*85%
87%
*85%
1,400
92
16%
:
*15%
88
86
•,
87%
.
*85%
86
t
,
30%
87
-
,
'
!
20
13%
290
j
i
.
"'220
*'
*19%
13%
,13%
13%
23%
23%
23%
58%
58 -
27%
*26'A
27%
15 Va
15%
15 %
23%
58
23%
23
23 %
58%
15%
*
10%
84%
30%
*27
30%
10%
58%
*83
84%
*83
18%
18%
18 Va
18%
18%
18%
18%
88%
88%
88%
89%
89 %
90
89%
90
88%
90
10%
25
_50
—■:
10 '
10
9%
10%
9%
17%
18%
17%
18 Va
17%
37%
37
37
36
36
*36%
.
-
9%
4
88 Va
5,600
16,500
540
1
V
770
109%
108%
108 Va
10%
10
10%
10%
10%
11,600
18'A
17%
18%
18%
18%
6,900
36
36
.
18
3%
3%
3%
2.50
12%
11%
11%
*11%
12%
27%
27 Va
27%
98
98
98
*11%
109
*11%
12
36%
*36
4
4
4
4
4
3%
*11%
108%
36%
*35%
4
No par
Co
10
18 Va
>
9%
18'A
.
15,400
>
32%
109 Va
109
109
109%
108%
108%
18,700
84%
32
88%
18%
18%
108%
2,200
18%
;
32 Va
<18%'
—100
'
15%
84%
•
84 %
s
I
r
6,100
1,900
27%'
10%
10%
v
31%
32
31%
31%
59
*'15%
15%
10%
10% ,r 1Q%
10%
84%
30%
30%
14
*27
27%
15%
15%
300
23%
58%
•58%
*27
27%
-
'
Sharet
20%
13%
23%
23%
t
*■
thare
9 per
*19%'
13%
23%
58%
'15%
15%
*83
84'/a
*83
.
58%
*27
27%
'*
15%
10%
10 Va
10%
i
30%
*83
*
'
58 %
'
13%
•
V
20%
*19%
21
20%
Dec. 24
Dec. 23
f per there
I per there
thorp;
Sales for
the Week
Friday
Thursday
•
Dec. 22
<
13%
13%
13%
.
*19%
-
20
,21
13%.
9 per
Wednesday
<
Dec. 21
i-9 per thare
9 per there
*20
'--Tuesday"
Monday
Dec. 20
Saturday
•
No par
_LNo par
comnion—10
Inc
Pharmacal
1.900
'
-.r
;V:86%'86%
1
Rubber-
&
•
' ;
51
55
*230
8%
.<*30%
10
preferred
Northwestern Telegraph
Norwalk
.
<
1,200
12%
13%
22
*21%
•
79
136
78
*133%
13%
-
22:
T2%
78
135
!
'
135%
75%
74
■
134%
13
13%
*21 %
,
'
134%
f
131
22
13%
50*
4.6%
7% May 21
14% Jun
9
;
2,000
*32%
30%
32
13%
*72
31%
31%
58'A
Co
Ry
Northwest Airlines
'
100
"
31
23%
Co
preferred
preferred
$4.80
<•»
i'1
6,700
13%
13%
70
15,300
95
*93
70
■
^
8%
8%
95
v
70
93%
*93
'
;
8%
i
100
31
'■>'
*30
93%
93%
*93
58
a
*101%
31
8%
,
13%
14%
*68
*30
95
*56%
*26'A
Aviation
Central
Northern
Northern
9%
14%
*14
14%
102
v
—10
Northern
Mar 19
•
103%
9%
9%
9%
93%
8%
95
_4
25
Co
11
24
700
Northern States Pwr Co (Minn)—
79%
:!
11
10%
102
30%
*93
8%
*93
56%
56%
/
8%
8'A
30%
95
-25
preferred
North
5,100
••"•••
11
32%
*130%
•
'
Chemical Co
Nop.co
13% May 10
2
82% Mar 10
'•
10 Va
14'/8
-
102
i
800
22
11 'A
14%
*100%
102
t-
J
300
10%
9%
*14%
14%
*100%
'
93%
,
*93
-
Dee. 18
Norfolk & Western Ry com
American
-'*21%
31%
*
13 %<
2.50
_1
1
North
1,400
4,300
-'
11
10%
*29%
8%
13%
*21%
'
!
■
Corp_
Adjustment
•:•
18
83%
10%
11%
10%
' ;
LOW AND HIGH SALE PRICES
5
■
22%
17%
*83%
21 Va
21
•
;•
-
'
400
3,900
'
.,
Industries
Electric
6,600
11
90
*22
•
,l
2,300
21%
A
89%
18
110
3,900
"ii
*21
83%
<60
18
V
22'
•
18
83 Va
30%
93 Va
71
*68
31
•',
16
Sep
25
13%
"I
102
*29%
8%
*230
•'
-
Dec
30%
53% Jan
64%. Nov
•
%
21%
91%
..
18%
*14(4
14% ,14%
*100%
58
—50
EXCHANGE
\
Dec
Dec
26
5/8
91
,
*11
9%
9%
9%
95
<-j
—100
NEW YORK STOCK
Highest
perthare
20
Oct
56% Dec
„
21%
A
*10%
11 Va
10%
10 Va
10%
*56%
pfd—10Q
N Y Shipbldg Corp partic jstock—1
N Y State Elec &? pas Corp-'
$3.75 cumulative preferred—100
since Jan. 1
Lowest
t per share
Nov
'
•fir
6,600
•
6
18
18
17%
84
Va
22
22%
10%
10%
;
'*47
A
*22
22%
94
-No par
Co
series
17%
.:
100
134
6
6 Va
6
'
>
1,300
170
134
21%
%
*83
*169
j
•
8,400
-<
31%
31V*
•31%
26,900
95
*94
134
*133
6
16% -'
,
3,200
12%
16
169
168%
133
17%
22
18
18%
84
*93
Light 3.90%
13% Dec
23%
RR
Harlem
22
18
83%
30'/*
N Y New Haven & Hart RR Co-100
Preferred
22
18%
83%
30%
170
'
„
Highest
dper there
Y
N
9
22
21%
<
>30%
18 Va
12%
-
22
92
8%
No par
preferred-
non-cum
91%
%
STOCKS
.
Lowest
$5
Jun
88
Jan ' 2
Range for Previous
Year 1947
*
25
19% Oct
14 % Feb 27
81.
York
common
92
4
*93%
preferred series A—__
100
City Omnibus Corp
No par
Dock
91 %
92
*29%-
'
100
New
Mar 18
96
95
<6
23
102
—No par
com
*21%
*31%
N Y
39% July 12
10
25%
Jun
6%
2
14% Jun
6% Mar 29
15%
Jun
16
95
7,200
•
••
18
21'A
1*6
23
14%
No par
Brake
Dec
137
Apr
Nov,
Nov
July 12
26% May 21
18
90% Jun
29
22%
19
230
Nov
New
11% May
52
Feb
Aug 17
50
12
May
18% May
80 j.
May
64
Dec
102
32% May
-
13
38
32%
Dec
Dec
99
44%
35% May
22%
3
16'A
95
M4%
12%
16%
28%
14 Va
14%
*
31
10
Nov
90% Mar
12%
133
17%.
A
*9%
Oct
Feb
8
17
*21%
*100%
Feb
87
Nov
Jan
12%
7,800
2,600
28%
18
*168%
6
1®6
*14
100
26
Feb
Mar
13
3c87%
common
6
'
23%
10%
46%
May 15
38
106
Dec
108%
17%
30
31%
134
134
17%
10%
Newberry Co (JJ) common—No pax
3%% preferred
100
New England Elec System—
20
New Jersey Pr & Lt Co 4% pfd__100
Newmont Mining Corp
10
Newport Industries common
1
4%% preferred
100
Newport News Ship & Dry Dock—1
35
x27% Mar 12
<28%
>14%
*94
170
*168%
17
*22
1
Inc
conv
Dec
,
2,800
9%
11%
'
'
No par
Bros
132%
17%
*83
No par
Corp
30%
169
132%
6 .*
*18
1
Co
4%%
95%
-
Fibre
Co
Neisner
11%
28% Nov
Vulcanized
169
6
21 %
...
10
Co
31%
31Va
31%
nr
25
24
Jan
7
9%
28%
14%
17%
15%
16%
169
*21%
'92
No par
;
94
6%
_No par,
May 17
19
26
98
,
Tea
16
94
17%
National Sugar Ref Co—
No par
National Supply (The) Pa com
lo
4% %
preferred
100
6
2
13%
•
ex-dist
Shares
16%
94
6%
-
Cast-No par
Steel
Corp
National Steel Corp.
5
Jan
94
31%
16%
94
*132'% ,134
1
.
16%
»
*168%
National Linen Service Corp
May 17
25% July
16
4,900
11%
9%
28%
3,400
36 -/
35 -
11%
12%
■-
;
250
.
6%
6%
-
7
9%
11%
14%
>
.
200
11,800
172
"
.
7
9%
,'11 %
17%
28 Va
14 Va
94
16 %
*93
10
common
&
Jan
.'
Ll
.
10o
100
Co
Malleable
25% Jan
9
80% Nov
6%
7
114% Oct 23
16
16% Nov
Sep
Lead
: 12%
No par
preferred A
preferred B
Nat]
1
7
7
"
11
11%
'
6%
35'/a
35
-
31%
172
28 Va
9%
'
—12.50
conv
National
1%
Stamping—
Gypsum Co com
preferred
$4.50
10
25
Dec
100
9
Prod
:
2
A Dec 13
i;
9%
9%
•
9%
11%
6%
,
35%
•
2,400
11%
36
31%
172
7,500
i: '4,100
10 V«
10%
*35%
'
2,100
•h
5Va-
»
10%
31%
171
6%
.
6%
7%
9%
11%
24% Jun
Sep 20
7
9%
147% Apr
7% Feb
4
19% Nov 12
81% Mar 10
Nov
12% May
Mar
»'
Feb
Jun
Nov
15% Feb
Jan
1%
26%
jf Dec
105
23
Oct
Jan
8%
15% Dec
11
29% Jan
162
6
34%
*
11%
172
»
11%
36
31
-
31 %
•
171
6%
9%
1,
Co
*35%
250
19%
-5%
10%-'. V-
10%
it
-
17,600
24
19%
•'
5'/a
'
36
10%
36
30%
36
11 %
common
National
96% May 19
Sep
6% Jan
88
14
Dec
167
Dec
21%
20% Jun
Oct
36%
Dec
136
Sep 27
85
190%
25% May
165
15
Feb
107 '
Dec
New
-
8
Jan
25 %
14% May
7
'
-
*
3
Nat Enameling &
96
6%
10%
10%
<
172
35
/ -i"-; 5%
19%.' "
15
24
*
'
22% May 21
18
7
7
7
1
20%
10
*171
36 %
38
12% Dec
172
*171
171
6%
Cylinder Gas Co
17 % Nov
30%:
35%
26%
Oct
35%
30%
30 %
6%
Feb
23%
35%
30%
•
30%
35%
17%
17% May
11
36
19%
-
Vv14%
147/«
24
5%
10%
10%^
*6%
13% May
24
10%
>
-
19%
,
5% ;
,
10%
.—No par
Register
Lines Inc
National
2
19%
'5%
0
14%
23%
15
23%
;
10%
10 %
K
*34%
6
19 %
36
10
,_1Q
Oct
Dec
10%
171
5
'«
*10%
10%
30%
19 %
5%
;
14%
23%
15
23%
*35%
10%
*35
5%
.v.
14%
23%
19%
19%
.
5%,
■
*10%
10
Corp
15%
14% May
19%
#5%
,
4
14% Jan
10% Mar 15
15
24%
1
common
Dec
13% Jan
14%
24
5
Dec
7%
13
,
i9 %
,s
-1
*
preferred—
National
17
9% May 20
28
;
24%
.
_1
i
National Automotive
22
Jun
48
9
Feb
9% Dec
Co
14%
24%
14%
_5
100
.
National Aviation Corp
National Battery Co_
9% May 21
32% Dec
Dec
July
Acme
Corp
National Airlines
175% Jun 23
10
'
National
5
10% May20
13% July 8
17% Mar 22
32% Oct
1
13% Feb
187
Dec
8% May
9
Jan
45
Mar 18
24
165
Nashville Chatt & St Louis
29
16
•
10% May
Nash-Kelvinator
32% Sep
24
'
Dec
8%
Feb
100
4
....
*11%
12
12
-
1,100
200
v
O
111%
Dec
9
92% Jan
2
26%
j
Feb
16
103
Jun" 18
21
Apr
35% Dec
26% Feb
11
43
Jun
15
18
Dec
22
16% Apr
14
18% Jan
17
17% May
93
27%
107
Dec
7% May
86
15%
24
149%
28%
Mar
7% Dec
11
9
24
Feb
88
Dec
22
100
Jan
5
20
Jan
2
23
Jun
17
Feb
Jan
26
Jan
144% Nov
15
15% Nov
93
-
36% July 13
Xl09% July-13
12V* Apr 20'
Feb
28% Feb
Nov
10
92
33%
19% May
68
22% Feb
Feb
163%
.
Oct
Aug
Dec
13% Feb
118
May
Sep
May
84
July
80
Dec
80
27
Jan
47% Dec
July
May
16
Sep
9% May
19
Feb
80
Oct
50
-Jan
$4
Jan
46%
Oct
*33% Dec
43~%
Jan
37% Jun 23
154
Jan
9
23
Jan
5
6
,89
Feb
27
73% Jan
20
11% Feb
27
8% Dec
:
.-
22
34% Feb
50%
Nov
'25% May
;
39%
Feb
*89% Dec
129% Jan
131
168
Dec
Feb
-
22
189
Dec
20
130
Nov
9
For-fot tnotes see,page 28.
27%
27%
98%
99
33
33%
33 Va
33%
Omnibus
8%
(The)
Corp
convertible
Otis Elevator
6%
8
<55% July 13
>44% July 23
104% Jun
7
147
Mar 18,
17%
.
33%
32%
*17 Va
17%
17%
*17%
29%
30%
30% "30%
97';:
33%
17 Va
t
17 Va
17%
17
29%
30 Va
30
90 -i.
97%
97%
96%-
No par
2.50
Co
Owens-Illinois
No
Glass
,97%
-7%
Fisheries
*a0
•
2nd
preferred non-cum—.—No par:
Pacific Mills —:
Corp*—
'
i—
i25'
:—No par
Pacific Telep & Teleg common.,100
6%
preferred
i
100
89
*22
';<
28%
16
67
39
*80
*18%
19%
•-31
:
•
'
.-
:
133
14%
8VA
-
48%
14% i
8%
,r*37:
:>*37
39
*18%
19 ,f,,
30%
31%.
50 Va
—50Va
50%>'
19
8Va'
;.*60
67,
"
4
"
30
8^
.-•133
30 Va
-'30%
•
-•
.*89%
90
133'A
.
J33%
30Va,<
■
90 %
»
133%'
15%
3,400
■
89
47%
49%
-
>.*18%
30%
>
v
V
50%.
19
•
'5PV4,
29%'"30%
..'89%;<. 90%
,132V*133%
'14%<
v;
66
*37
'
18%
,3pVa
30%
50% X5C%
30 '
90%
'
30Va
90%
132 %:~133 Va
.*14%
8% •
•%.*60
.39.
18%
.
3t)7/a
15
-8%
•*60
,
\
1
20
49 Va
V 8Va
,15
8%
;
500
83
48Va
;
«
50
'
16 Va
16 Va
*80
40
400
15,000
149 !
*146
80
67;".
39 f
•
;
7%'
89
16
80
14%/14%
8%,
*60
67
j
1,820
r'
30% ; 32
149
.-
'
5,100
:
*22% >23' '
48%
.
47%
47%
Va
40
50Va
•-
'98
•'<
30%
15%
*80
84
'
50%
30%, 30%
90
.90
*131%
,
*146
i
300
30%
7%
89
120^
-16,200
18
30
98
900
■"•;
•33%
32%
*17%
-
84 /
15%
15%
'
30 Va- -31Va
*18%
^'
f
\
'
:
-
<*37
•v
,-31%
50%'
8%
'60
'
"
14%
14%
•
1
'22%
"22%
29%
147%
147%
100
*99%
;
"7%
*88 Va
•
88
98
7%
•29
28 ('a
28%
145
*15
48
•'97%
,22%
*22'A
ioo
'
83
-
■
88 :v
«
22%
145
47%
\i4%
; 9%
-39
J
*80
.
48%
?62
10s
-;No par
.
*8%
•
non-cum—No par.
Pacific Finance Corp of Calif
Pacific Gas & Electric;•—-
Lighting
83
48%
;*i4
10:
preferred
Pacific
:
•
Inc.
common
1st
*88%
29%
*15%
'.,-7%
7%
'
par*
12.50
Co
7.%
148
*145
•;
16
*15%
7%
>
>r
96%
22%
28%
29%
148
-
'•
-
90
*22
22%
29
—100
preferred
"■
*145
Outboard Marine & Mfg
Outlet
*22
:>88'A
90
*88%
„
7%
7%"
7%
<
%>
.30%
29%',
29%
>88%*
100
A
_lo.
common
Amer
86% Jan
.
6
common
preferred
Oppenheim Collins
Coast Co
Apr 13
•
■'
-28%
*27%
27%
27%,
98%
32 7/a
33%
33%
•
:*i7
*
Pacific
May 27
No par
J 98
98
*97%
100
.
Oklahoma Gas & Elec 4% pfd
20
Oliver Corp common
_1—No par
4%% convertible preferred
100
Pacific
73
43% May 28
21% Jun 15
29% Nov 30
29% Dec
2
preferred-;
Ohio Oil Co_
L
15
;
13
47 % Mar 16
62% Jan
29
4.40%
15% May 17
60% Sep 30
<15% Mar 20
.
27%
27%
27%
8
common
"
:
13,800
•
8%
800
..
..^1,480
Vf 66 ;V
V'? ^'"10
V '39
>18%'. 19%
.;:.,.100
i,
11,500
•v-50%'.. 50% ^ S V;r" 1,200
30 :, 30
• •••:. £• %
2,100
/
90
90% > v:
830
3(50
133%133V4-'.
:
"
<30% f:30%. "
.
t
(
Volume
THE
Number 4763
168
COMMERCIAL
NEW
Range for Previous
Range since Jan. 1
Tear 1947
Lowest
Highest
I per thare
8 per share
May
21%
Jan
4%
Dec
8%
f per thare
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
18
Pan
Oct
39 % Nov
29
7%
Feb
4
.
Feb
Dec
May
18
July.
8% Noc
9
13% Mar 16
55
Nov
46
Feb
5
66
90
Dec
109
Mar
92
Oct
20
100
Packard
11% May 21
21% Jun 21
Jan
5%
96% Dec
19%
37
109
Dec
7
2
34% Feb
Jan
2
Feb
Feb
38% May
48%
7
16%
Apr
Ine
convertible
NOV
27% Dec
7
Feb
Parker
38% Feb 27
"
11
Rust
Parmelee
May-47
Patino
Proof
&
18
Jan
7
49% Jun
1
Coal
Coke
9% Dec
17
15% Jan
2
24%
Feb
15 V4 Feb
11
21% Nov
1
Penn-Dixie
Apr
27
18.
34 Va May
7
Penn Glass Sand Corp
xl07
Dec
'117
Jan
109% Oct
18
Dec
22
Jan
16% Dec
15%
Dec
112
20% July
20 ''
267/a
Feb
38
May
51%
Jan
111
Dec
118%
Sep
Dec
55%
Nov
28% Dec
22
Jun
101%
Feb
86% Feb
17
45%
81%
6
22
May
22%
Dec
23
12
Pennsylvania
Apr
22
22
Pennsylvania Salt Mfg Co
Apr
45% Jan
6
Oct
21
Dec
24 Va Jan
22% Dec
20
30% Jan
98% Oct 28
13%
Jun
37
36%
Dec
21%
Dec
Dec
95
Dec
35%
88
Dec
109
85
Dec
101
Jan
93
Jan
22
Sep 29
21% Nov 29
45% July
91
Jan
6
97% Jun
•
88% Oct
16
13% Sep
13
87 % Jan
22
92 % Aug 31
De$ 14
30% Dec
98% Apr
110
Jun
10% Dec
17
Mar
80% Dec
21
Dec
18%
Jan
32%
Deo
26
16
Dec
16
Dec
12% Feb
165
Aug
169
Aug
168%
Nov
203
Jan
157
Feb
16
32 %
Apr
42%
Feb
30
Dec
21
May
8 % May
10%
Nov
15
Dec
102
140
36 Va
15
Apr
169
14
1
10
Jan
2
11
20
Jun
9
Jan
27
170
Dec
11
1%
28
96
Oct
22
5%
84%
Sep
70% Dec
15
82% May 10
20%
Dec
15
Feb
13
26% Oct
Jan
145
Jan
9
200
May
17% May
38%
Oct
161
26% Dec 21
July
46% July 13
Range since Jan. 1
Highest
Highest
1 per share
t per share
Lowest
I per share
10
Sep
14 %
Jan
21
Apr
38
Dec
33
19% May
11% May
35%
Oct
29% Feb
19%
Oct
11% Dec
7
12%
15%
Nov
12% Jan
28
Dec
Jan-
46
14
Jun
16% May 20
14% July 12
Feb
57/a Nov 26
33% Dec
43
Feb
22% Nov 29
57
71%
Nov
62% Feb
16
71% Jan
32%
Jan
27
28% May 25
16
May
May
15% May
18
Feb
Dec
102%
Feb
81
Mar 11
30% May
38%
Jan
32% Jan
Dec
20
—«
Publicker
Apr 26
39% July 6
24% Jun 25
51% May
21% May
},
—...
25
'
61%
Feb
29%
Dec s
;
io«%
Oct
109%
;
24%
Dec
36%
20%
*23
23%
23
23
23%
23'A
23
23
108
108 Va
109%
109%
23%
108%
108'A
97
*96
96%
107
19%
19%
40%
*85'A
19%
40%
40%
*85%
8 '
;
Dec
•
14
Jan
x25
Feb
Jan
42
101% Feb 13''
Feb;
5
53
5
19%
19%
*
90
*96%
107
19%
40%
40%
40%
85%
85%
*83%
38%
39%
39
89 %
91%
*89%
91%
*93
4
100
98%
300
107
40%
♦83
39 %
30
20%
40%
85%
39%
109%
19%
40%
87
38%
38%
109%
f.
98%
107
38%
5,800
6,400
85 %
100
39%
12,800
95
*90
91%
:.
100
11%
-*88%
91,
*88%
91
*
91
*88%
91
*88%
91
*88%
91
58
•56%
57%
57%
56%
57%
12%
*11
12%
*11
12%
11
11
300
31
*30%
31 Va
31
31
600
58%
——Nopar
♦10%
class
B
11
*80%
16
101
*100%
101%-,
*102
115
♦102
115
11
11
11
80%
80%
31%
31%
82
*80%
31
30%
V 15%
15%
•
*140
*15%
'150
-*160%
165
150
*160%
8
30
31%
31%
31%
3,100
15%
15%
*15%
16%
500
*140
150
*140
165
*161
150
*140
•
165
:
150
*161%
166
14%
14%
84
*160
*82%
7,900
8 Vs
8%
8%
2,600
15%
15%
15%
15%
1,40<J
*160
185
83%
,r
185
*160
•
83%
*82%
185
*82%
83%
110
71%
71%
71%
71%
71%
71 Va
30
20%
20%
20%
21
20%
20%
1,100
143
*137
143
142
*137%
142
27%
28
28
27%
»
Monday
,—5
1
*36
37%
*36
'*10
37%
12
12
12
12%
12
13
13 Va
13
13%
7%
7%
7%
27%
28%
65%
65%
20%
>'■
10
4,500
*36%
Friday
10
42%
41%
*36%
the Week
I per thare
10
37%
Sales far
Dec. 24
Dec. 23
t per share
10
42
*10
Shares
10 Va
200
42%
42
43
37%
36%
36%
400
2,600
6,700
12 Va
11%
12
'
11%
11%
11%
13%
13%
13 Va
13%
13%
5,000
12%
13%
-
13%
7
7%
7
*26
-
27%
♦26
65%
65%
65%
19%
;
27%
Thursday
Dec. 22
37%
13%
66
27%
1 per share
43%
42%
10
27%
10%
*36
No par
*137
/
Wednesday
4 par sharer
*
142
HIGH SALE PRICES
Dec. 21
I per share
27%
267/s
Tnesday
20
Dec
♦137
27%
26%
10 Va
20
7 Vs
7.
4
65%
■
7%
X27%
•
65'A
20
7%
;
7%
*26%
,
27%
65%
27% *
27%
900
65%
65%
3,200
20
20%
2,900
12,900
.
19%
19%
19%
84%
84%
84%
85%
38
38
38%
38%
38%
38%
3,600
20%
20%
20%
20 Va
20 Va
20
20%
7,600
25%
25%
25%
26
25%
26%
25%
26%
33%
34%
33%
33%'
33%
34
33%
33%
8,900
13,100
30%
31
30%
,31%
30%
31%
30%
31%
11,300
*106%
107 %
19%
20
84
84
84
84%
85
36%
36%
37%
37 %
38
20%
20 Va
20%
20%
25%
25%
25%
25%
34%
34%
34
34%
30%
31
30%
30%
*106%
107 %
106%
20%
31%
8 %
72
43%
'
30%
20
43
84
30%
20
*10
*20
8%
185
*70%
43%
7
8%
•
20
10 Va
27
30%
*137
,
28
*65%
30%
84
72
43
No par
82
31%
30%
*160
*10<
36%
1,400
20
*70%
% per share
5
30
11%
*80%
82
*80'/a
•
16
15%
LOW AND
com^.
11
11%
30%
*14%
83%
83%
Dec. 18
Inc
11
*160%
14
165
.
8
.
185
*160
20%
27%
1
115
8V8
30
14%
14%
185
143
8
8
15%
*137
No par
*15%
8,700
101
*102
70
'
Saturday
com
31%
101
115
81%
31%
101
11%
*80%
v
101
*102
*11%
16
*140
30%
30'A
30%
*19%
5
31
11
83% ,'83%
*70%
72
STOCK
Industries
31
56%
*100%
165
*160
1
31
150
15%
100
31%
57%
115
.
'16
8
100
*11.
*102
82
*140 ■
*160%
30%
100
11%
*100% 101'/a
"
,
30%' 30%
'
58%
*30%
-
115
11
^
56%
•
31%
101
88 %
11
58%
11%
31%
*100%
*102
preferred series A—50
$1.40
div preference
Pullman
'
Inc
Pure Oil
May 18
(The)
5%
3
July 12'
33
*96%
*105%
87%
Pub Serv El ds Gas com
108%, Sep
11
•
96%
107
140
700
«'
1
*85
86
410
•
30 Vs May 15
"
32% Nov 24
x28Vs Feb
108%
19%
19%
87
90
91%
96%
♦105 %
107
41
38%
108%
96%
107
830
10,100
*10%
Public
;
'
—
—a
20%
*85%
$4.75 cum preferredNo par
Serviee Co of Colorado—20
94
15
95
20%
11%
class B_;
conv
52
*93
20%
*94
86%
Electric Power Co
4%%
*51
96
20% '
96
86%
Procter & Gamble
9
51%
20%
*107/a
Pressed Steel Car Co Inc
11% May 18
35% May 21
•
Co
Potomao
51
51
*95
20%
11%
Pond Creek Pocahontas
Poor 8c
51%
51%
96%
88
Plough Inc
Plymouth Oil Co.
•
3,000
7,000
•10%
Per
4
53 Va
*85%
EXCHANGE
24
800
46%
52%
11%
NEW YORK
12% July 28
70% May
6
16%
46
52 Va
88
t per share
9% May 10
16%
45%
52%
1,400
*85%
preferred class A
•
16%
45 %'
52%
*
20%
STOCKS
Year 1947
*16%
45%
52'/a
12
*10%
:—5
preferred
Range for Previous
Lowest
16%
45%
.
11%
12
Pittsburgh Young 8e Ash pfd
Pitts ton Co (The)
7
470
16%
16%
11%
88
5%% 1st ser conv prior pfd—100
Pittsburgh 8c West Virginia—
100
23
400
103
*102
11%
*10%
Petroleum
73% Feb
103
11%
11%
*85%
Hosiery
Oct
93%
*102
57,400
11%
•
July 15
39% Jun
22%
51
*105%
,
500
8%
*21%
88
$5 convertible preferred—No par
Pitts Consolidation Coal Co
1
Pittsburgh Forgings Co—___—
1
Pitts Ft Wayne 8c Chic Ry com—100
7% gtd preferred—
—100
' Pittsburgh Plate Glass Co
lo
Pittsburgh Screw 8c Bolt
No par
Pittsburgh Steel Co com
No par
July 28
July 15
155
7% NOV 10
•140
10
23% Jun
11
142% Nov 10
Oct
•
8%
22%
*85%
$4 preferredPitts C C & St Louis RR_
100
Pitts Coke 8c Chem Co com—No par
-
10%
8%
*21'A
*10%
—25
-—--—Nopar
8
10%
8 Va
22%
100
PiUsbury Mills Inc common
13
■
93
Mar 16
10% Feb
Phillips
Sep
113
10%
300
com new_No par
preferred
Phoenix
-
15% Jun
14
Oct
•
15
10%
700
'
—100
Phillips Jones Corp
5%
99
95
19%
*90
*97
20%
39
-—100
97%
100
29
94
40
preferred
3.60% series preferred-
*28%
51%
*23
87
4%
500
108
20%
23%
38%
.
51%
20%
*107%' 108%
'*■
16%
36%
16%
36%
8,400
37,700
93
51%
.95
20%
12
17
*106
;
300
,
"
113
29
97%
103
103
52%
*51
3
—
22%
46
52%
39%
.7
Dec
103% Jan
16%
46
53
*85 %
3
1
May
16%
45%
52%
100
common
preferred series A
16%
16%
44%
*23
Corp
11%
16%
*93
3%%
•
102%
11%
52%
Philip Morria Se Co Ltd common—5
8
22
102%
11%
45%
No par
common—No par
Philco
9
July
39 % Dec
102%
52%
19%
19
22%
3,000
'
16%
16%
2,400
19
8%
8
8%
*21%
45%
25
50
Phila 8c Reading Coal & Iron——1
Jan
8
98%
*10%
12
*10%
*16%
Brewing Co__
No par
(Chas) & Co Inc——
1
*97
10
28
*109%
106
*28%
4,500
18%
36%
106
700
44%
10
16%
*36%
28 %
*27
'
113
16 Va
v
29
22%
11%
11%
28%
96%
10%
16%
36%
106
9 6'A
8%
*102
102%
11%
97
5
Jan
*102
5
107
34% Jan
-
100
—
Corp of America—
36%
900
1,400
44
10
16%
600
7%
13%
28%
'
28
*109%
16%
♦105%
96%
22%
16%
36%
29
8
8%
23
113
106
29
10%
12
8Va
*22%
*96 %
1
10% May
*10%
*105%
38% July
—.
100
33%c
No par
36 %
*105%
30
x96%
100
—100
Apr
Apr
59% May
97%
16%
16%
36%
106
*96 %
$1 div preference com——No par
7
85%
Ry Co
16%
16%
36%
100
—-100
82% Nov 16
Feb
«
29%
preferred
preferred
87
Dec
16%
30%
preferred
14% May
-
17
*29%
4.3%
77% Jun
96%
16%
5
4.4%
Jun
54% Jan 21
108
17
106
3.8%
25 Va Mar 16
Feb
♦109%
37%
8
81v
July
113
105
9
28
.
*109%
?%•
18%
*27
26%
13%
43%
18%
28%
*26
29
10
18%
18 Va
*27
16%
16%
37%
105
10
111
10 4
114
16%
lo
100
18%
27%
113
17%
103% Jun
88
v
-50
10
10
10
18
27%
*109%
113
17
10
18
27%
18
*27
115% Jun
14
Jan
Dec
18%
27
*109%
10
10
10%
18 Va
27
21
Jan
18
7
*10
25% Sep
63% July
99%, Dec
.
43%
3
Jun
9
44%
17
12
"
44
20
50% Mar
;
44%
•
11
-.
43 %
91 Jan 28
103% Sep 20
Mar
67
44%
Dec
104
Feb
171
44%
22 -■ Nov
Nov
98% Mar
43%
10
44%
20% Dec
Oct
Dec
96 %
44%
May 19
Dec
30%
*28%
55
85,
,
28%
Mar
25
81
28%
Phelps-Dodge Corp
Philadelphia Co 6% preferred
120% Aug
109% Aug
Jan
*
28%
Pfeiffer
8
26%
28%
July 13
Jan
25%-
28%
com
common—
$6 preferred
Electric Co
23%
28%
1-—
Phila
9,200
28 Va
59
,
24%
*28%
20% May 15
64% July 12
*■
24 %
7%
2
16%
26
4,000
24%
13%
13
29%
25%
2%
.24%
25%
26
7 %1
900
2%
24%
7%
20
104% May 15
24% Jun 14
40
2%
24%
2
13%
14% Feb
7
40
2
24%
*25%
40 % Feb
Vi Dec
41
*39
2
24%
13%
44% Dec
93
40
2
29,000
25%
7%
Oct
48
40-
10
24
*7%
Jan
Pfizer
40
2
1,203
105
13%
series A pfd
preferred
Petroleum
40
2
7,200
23%
*103
7%
59
10% May
21
May 19
17% Jun 21
40
2
100
8
19%
23%
13%
Dec
109% Aug
27% Jan
23%. Dec
111%
Co
4%%
104
11
Milk
Pet
40
2
4,200
96
19 V*'
105
23 Va
7-%
'Pepsi-Cola Co
5
41
:
*103
51
8
*13%
62%
Dec
97%
9% Feb
7
23%
105
8
7%
Drug Stores Inc__
Peoples Gas Light «fe Coke__
6
"
RR
& Eastern
23
♦103
100
,
19%
13%
Peoples
Peoria
23%
105
30,100
16
50%
*95
13%
48%
May
Apr
49%
18
'
7% Nov 26
..
Jan
8% May
22% May 24
99
8
19
23
24%
No par
48
20 Va May
77/a
19 Va
24,800
8%
*15
96
8'
10
Light Co
120
9% Nov 26
7%
19
*103
26
100
19
conv
19%
23'A
24%
7
23
3%%
7-%
19 Va
102%
102%
'
24%
com—No par
21
Feb
*
*94'/a
13.%
preferred
Penn Power &
6
*19
96
*7%
Co
16 Va Dec
34% July
34
5%
7%
8%
19%
7%
-
*94%
51 %
3,200
2,600
4%
8%
8%
15%
50%
13%
Corp
Cement
36% Dec
103
Feb
May
14
Jan
•
96
8%
15%
50%
NO par
!
36
22
96
41
4 Va
5
Enterprises^.—
Sep
8c
96
40%
4'A
15%
50%
23
2
No par
Penney ( J C) Co—<
Penn
51%
40 Va
Shares
"
4
4
8%
*15
3%
No par
Penick 81 Ford
37
8%
15%
*15
50 %
24%
2.50
Transportation^
Mines
16% Jun
13% May
1
!
Co.
15%
51
the Week
there
3%
40%
4 Va
4
< per
3%
41 Va
40-
4%
8%'
Sales far
Dec. 24
1 per thare
4
23%
105
'
*39%
1
__No par
29
Dec
Mines
41%
*94%
8%
23
Va
3%
Friday
Dec. 23
1 per thare
4
8%
8%
8%
18%
*102%
—1
Park Utah Con solid a ted
Parke Davie 8s Co
10
24
,1
Pafk & Tilfdrd Ihc
May 21
3% Msty n
2;
4
*15
-95%
8%
~1
41
4%
Thursday
-
Dec. 22
50%
18%
—100
Inc
41%
8%
15%
*94
.
3%
3%
4
Wednesday
•
21
t per share
3%
52
—1..
preferred'
Paramount Pictures
30% Jun
Feb
Oct
'
51
20
6% Mar 16 •
9
4%
8
Cbs
33% Jan
24% NOV 29
May
Jun
26% May 27
10
24 % Dee
May 2T
105
.
Mar 16
Jan
38%
100
:
Dec
41%
*51
com—1„_Nhpar
11
14%
preferred-
Refining:
Jan
15 %
4%
May 17
'<■
*15
*
conv
25
HIGH SALE PRICKS
Tuesday
9 per share
4%
8%
,
Transp—5
Parafifine
34%
Dec
&
Panhandle East Pipe L com—No par
Panhandle Prod &
18% Feb
8% May
32%- Sept
Petrol
4
2%'
Airways Corp
Pan-American
11
11% Jun 21
43
28% May
No par
Car—
I
•
41%
28«
97
July
4% Jan
Dec
American
10
41%
18
53%
Sept
2
33%
Motor
1 per thare
3%
11
32% Jan
Dec
Dec. 20
3%
6% Feb
__iv.
__
Oct
Monday
1
18% Dec
9% Feb
Jan
LOW AND
Par
(2701)
RECORD
Dec. 18
8 per share»
2
14'/a
CHRONICLE
Saturday
-
6% Apr
6
62% May 21
5% May 17
3% Dec
59%
Dec
STOCK
EXCHANGE
40%
13
YORK
STOCK
NEW YORK
Highest
Feb
7
FINANCIAL
STOCKS
Lowest
3 %
&
com—No par
___No par
:
common—Nopar
preferred—'——
•
—100
Purity Bakeries Corp
V
107*
No par
107
*26%
26%
*18%
19%
'
26 Vs
26
106%
26
26
\
26
26%
107
26
.
107
*106%
107
300
26
*25%
26
900
20%
200
13%
68
34,100
1,300
8
27,600
v
'
,
,
:
20
-
Mar
•
34%
Dec
10%
Feb
.80%
Feb
63% Feb
.15% Jan
6% Oct
-
17% Dec
7
9
'
.
:
.
■
Quaker State OH Refining Corp_10 '
25% May 23
19%
*18%
*18%
19% 1
*19%
*19%
20
20%
20 s
R
7% May
;
68%
II
Dec
8% Dec
^
94% Dec
105% Mar:
7% Feb 20
15
11
-
7
NoV 10
89
4 Jun
17
'
98V2 Jun-
$3.50 1st preferred
Radlo-Keith-Orpheum L
4
28% May
41
Feb
25% Dec
22
17% May
32
Dec
22% Feb
20
X36 '
July 28
32% Dec
38%
Feb
31
Jan
28
35
May 17
16% May
16% Feb
20
27% July 12
36% Feb 24
July
31
Feb
10
108% Mar
101
37
Dec
22% July
48% July
33
Nov
39
9% May
96
Oct
11
May
'
1
18%
16%
Feb
Feb
'
15
r Jan 21
11% Dec
17
18
45
.
Apr
Jun
—
2
"
18
Nov
4%
non-cum
2nd
1
100
__No par
1
-
*69
c
—1
pfd
13%
-
8
-
13%
13
70
' 13%
-
—No par
68%
8%
7%
13
67%
67%
8
7%
7%
*91%
26%
26%
*31%
*92
93
92
27
*26
27
27
27
•
92
*26%
27
27
25
*31 %
32%
*31%
31%
22 Va
*42
22 Vs
43
37 Va
10%
21%
22
42%
37 Vs
50
50
preferred-
*36 %
*42
37 Va
11%
11%
21%
*8%
9'A
*8%
9%
21
8'A
52%
9%
*8%
*99
104
*99
*21%
10%
11%
50c
-
*99
104
68
26%
31%
37%
11%
Inc
13,
67%
25%
43
*11%
Bros
13%
67
26%
31%
10%'
Reeves
16
12%
68
7%
92
*36%
' 10%
13%
67%
26%
*42
"^P1/4
>
93
21%
Real Silk Hosiery, common—:——5
7% preferred—
100
May 21
12%
13%
69
'
—50
-
Reading Co common
4% non-cum 1st preferred
15% May 27
106
Ralston PUrina Co 3%%
Raybesfcos-Manhattan
Rayonier Inc common
$2 preferred
27
39
16
Dec
34% Jun
Radio Corp of America com—No par
;
75% May 21
11% May 19
104
12 %
43
♦36%
•
10%
*99.
12
7%;
7%
7%
92
26%
27
92%
92%
25%
26
26%
26%
31%
31%
22
21%
92%
150
.
'
26 %
$00
26%
26%
4,400
31%
31%
31%
300
22
22
22%
2,000
44
*43
44
100
*36%
37
104
92%
*26
'
*43
43
10%
7%
37
37%
37%
200
10%
10%
10%
700
10%
*99
104
*99
104
12
11%
11%
11%
12%
9
*7%
8%
*8%
8%
20
19%
19%
2,200
v
.
Reis
12%
Dec
14%
Nov
20% May
10 V* Dec
29%
Feb
17%
Feb
62
84%
Feb
Dec
8Vg Dec
1Q
14% Jan
19% Dec
23
26% May 21
8% Dec
52
Dec
$1.25
7
15
66
Aug
4
12%
Dec
17
Aug
8% Dec
21
96
15% May 21
Nov
102
Jan
78% Dec
21
99
11% Dec
24%
Aug 24
Jan
33%
Oct
22
29% Jan
4% May
9%
Jan
6% Feb
10
3%
Dec
8%
Feb
2 % Dec
20
9%
Dec
15%
Feb
13% May
8
5% May 20
11% May 21
30%
Feb
22% May
101%
Dec
14
May
91
Dec
113% May
24% Feb
110
For footnotes
Apr
see
page
5% Nov 29
22% Feb
103
Jan
11
5
15 Va Dec
15
82% Feb
17
28.
33% Oct
111 %
Oct
21
10
No par
5
100
>
.
Republic
Steel Corp
com
preferred
21%
8%
9
*78
'
*20
53
8%
*51
25
i.
*50%
9%
83-
_1
11%
11%
_1
7%
50c
2%
7%
2%
8%
9
*78
8%
52%
8%
9 Va
82
78 %
78%
8%
52
9 Va
9
9%
80%
*75
80%
19%
8%
*52%
9%
*75
19%
1,100
8%
2,300
53
50
9%
16,500
80
11%
11%
11%
11%
11%
11%
11%
8%
7%
8%
7%
8'A
7%
8 Ye
2 'A
2%
2%
2%
2%
2%
2%
2%
100
11%
8%
5%
5%
5%
26%
104%
26 Va
15%
15%
10o
8%
52
2%
26%
104%
100
8%
♦75
8%
52
8'A
5%
—:
8%
52
11%
'26%
15%
*19%'
2'A
5%
15%
*99%
*8%
8
11%
26%
107
20
8%
*50%
10
*104%
9
20
1
No par
6% conv prior pfd series A
100
Revere Copper 8s Brass com—No par
5%%
*20
—50c
Republic Aviation Corp
Republic Pictures common$1 convertible preferred—
23
21% May 15
102-
prior preference
Reo Motors Inc-——
7
July 14
div
' '
& Co—
Reliable Stores Corp
Reliance Mfg Co common
Conv pfd 3%% series
Remington-Rand common
$4.50 preferred
13% May 24
22
(Robt)
*99Va
100
*104'A
15%
99%
.
.
•
.
3,000
6,700
10,400
5%
5%
5%
3,000
26%
,
26 Va
26%
26%
26%
26%
26%
13,500
104%
104 %
105%
105 Va
♦104 %
107 %
300
15%
3,100
107
5%
15%
15%
15%
99%
99 Va
99%
5%
15%
*98
1
5%
15%
99%
5%
15%
*98
99%
-
60
26'
(2702):
Monday, December 27," 1948
NEW
Range for Previous
Year 1941;
Lowest
Range since
Jan. 1
Lowest
Highest
i
NEW YORK
-
t per
STOCKS RECORD
share
$ per-share
LOW AND HIGH
STOCK
EXCHANGE
Highest
■l
,
$ per share
,
Saturday
Monday /,
Deo. 18
t,
.
Dec.
6%
11%
Dec
Feb
4% Dec
22
19% Jun
.39
Jan
Jan
92
8
19% Nov, 9
124
May
'}■ Par
t per share
9
16%
May
36% May
45
Dec
r
Apr
Feb
33% Dec
Dec
43
Feb>
80
Feb
17
104
25%
104% Jan
13
Dec
41% Jan
18
21
J
■'» 4%
;
21
convertible preferred—* 100
*100
102
Reynolds Spring
1
Reynolds-iR JJ 'Tob class B.—JlO
*6
5%%
2 .;, •
50 h
Jan:,. 8
Oct
14
94
Jun
Dec
<
—2.50
Reynolds; Metate Co com*..—.No par
5
11% May 26'
17
50»/2
Dec
19
6
44'/a
May
85
■
Feb
Rexall Drug Inc
May 15
29%<Apr 22:3
Mar 19
-
22
24% May. 18
-
Common
4%
5
'
6%
33%
43
43
—_
10
100
*84%
33%
84%
17%
17%
3.60%
133/4
18%
5%
Deo
31
Jan
15% Jan
r,
26
49
Jun
21
Richfield
18% Dec
Feb
24
28,'
Jun
15 f;
Ritter
10% Mar
Sep
6% Feb
Dec
20%
Sep
24%
14
15% Mar
Nov
19%
Oct
17 "
12
5 '
19% Feb
18
7% May 21
4% Sep-29
42% May
68 %
Oct
54.% Dec
29% July 12
26%
Feb
8% Dec
16
Dec
4%%■>'
11
May. 28/
18% Jan
6 ;
tpreferred-,
conv
Ruppert
Dec. 32.
44..
26%
Thursday
--
.A-
177 a./
5%
,—25
10
26%
19%
5%
10
-
26
21%
18%
18%
18%
55
54%
54%'
9
8%
*54%
1
23,000
21%
102%
6% '
6 '/a
2,400
10
6 '/a
1
2.1UJ
'
33% '' 34%
33%
34
12,900
43%
43%
44./
44,
85%
84%
85%
85%
85%
1,203
17
17%
17'A
18
3,300
26%
26:
26%
25%
27%
19
;
19
19
■
25%
,
19
5%
30
10
26' "
26-
*20%
21'
20%
18%
18%
*25%
9%:
26%
18,100
18%
19
5% /
5%
6
4,600
9%
10
.,,25%
.
5%
9%
9%
9%
2,300
5%
,
25 '/4
-
*25%
•
1,300
26%
*25
26
20%
21'•
21
21'
21'/a
*20%
21
800
18%
18%
18%
18%
18%
18%
19
55%
4,100
55
55
55
55
55
55
700
9
9
9
2,100
.
300
'
,
*54'%
'
9
5
4%
21%
*99%
.
17%
17
5%
*25
-
V
Sharef
43%,
85%
17%
25%
*20%
1—5
*43
84%
19 %
10
6%..
34%
'-<■
21%
102
9
for
the Week
share
'Spe
,
5
20%
*99%
6%
33%
44
.
5%
"
*6%
17%
y
4%
-
if
1
.-No par
6%
47/a
20%-
Sales
Dec. S t
Sper share
101%
84%
;~2
(Jacob)-
%'
20-1-4
5%
.
..'20%
*99'
26%
26
.
Friday
-V
Dec. S3
share'„:
4.%/'
.V
•
21%
100
*42-
v
85%
*19%
10%
5
$ per
:"337/a.'34>:v
17 %l
20%
10%
;
84%'
5%
com—1
Royal Typewriter
Ruberoid Co (The)—*1
72"
'
Controls
,
-
6
34V4
*42'/"
1
20%
Copper Mines—
Ronson Art Metal Wks Inc.—
.
26%
No par
Robertshaw-Fulton
27% May 27
3
17%
Corp——No par
Roan Antelope
July 12 v*
23% Oct
8 :
Mar 16
Oil
Company;
21
100
6%
6
34%
series*
*
Preferred
21%
103
.
-v.>.
23 % May
PRICES
Wednesday
$ vershare
y
47a "
21%
*100
Rheem Manufacturing .Co——l
1
SALE
i;
Dec. 21
per share
'
90
Tuesday
bdA
"
'
f per share
YORK
STOCKS
8%
8%
,
8%
9 %
87/a
S
x20
Dec
40
Jun
5 %
16% Dec. 15 ]•
26% July
114% Mar
Dec
108
107% Sep
Jan
12'/a
Jan
32% Feb
8'A Feb
May
37%
Dec
66
Dec
68%
Dec
67.
57
Dec
60%
Dec
58
18
,
9
80
79
12
7 % May
11%
Feb
23% May
55%
Jan
Dec
92
Dec
103%
Dec
r
11
48% May 15
'139% May 28
29
101
91 %
10.
Nov
.
18%
Jan
12
83%
Dec
98% Mar
79
51
:
1st pfd
May 20
-
95
May 27
Jan
Oct
7 A
24.
87
110%
4.40%
7
-
47
11%
11
39
38%
118:
*87
91
16%
16%
111;.
-
1*1%
10% ; 11%
'
48
*38%
*110
*87
8%
series A_
8%
*81
100
8%
82
81 •
81
12%
12%
12
12%
29%
-
29%
29% •29%
47.
92
91
88
88
*88
12%
12%
*82%
83%
100
11'/a
11%
11%
11%
11%
10,603
39%
1,800
39
39
38%
*110
t
118
*110%
90
8%
8%
12%
29%
29%
46%
46%
47
93%
*93
95
39 %
*111
90
8%
47
*92%
82
.
39 Va
115
*87"
8%
81
115
*87
3,200
91
"•
8%
8%
8%
17,200
82
11%
29%
88%
88
88
88%
12%
12%
12%
12%
*82% ; 84%
*83%
84%
*83%
12%
2/0
49
12
92
8,503
48%
80 %
.
46% i- 46'/2
47
*90%
No par
8%
17%
111%'*
49
11
91
8%
17
111%
48%
■
5
17%
111%
48
*87
118
91
16%
111%
111%
47%
39
118
*87 *
17
111%
47%
39
>110
16%
111
47%
38%
*110,
100
Scranton Elec Go (The) common—5
3.35% preferred —i——100
Apr, 12
47%'
11
t c—100
v
$3.40 preferred
i
Scovill Mfg Co- 3.65% -pfd
9
<
15% Jun
3
16%
110%
Savage Arms Corp—i——_—__5
Schenley Distillers Corp--,
1.75
Scott' Paper Co common,.,
No par
93% Apr
Dec
'•
Preferred series A 5%
15% Aug 24
>
16%
111%
47%-
t c—No par
com v
'
5% non-cum ( preferred^-St Regis Paper Co common
35% May 21
5
16%
111%
*10
St Louis Southwestern-Ry Co—100
16 ?
Feb .18 V.
39% Mar 10 <'
NOV
Jun
13% May 27
87% Nov 30
13%
St L-San F Ry Co
Joseph/ Lead**
16%
10o
.1-—
St
6
16% July
.
1—5
commoni
,
9 >
Feb;13 A
88
Sep
5%- preferred
11
Jan
8% Feb
102% July
90
Safeway Stores
•1 61% Jun
25% Mar-5
49% .Jan
40 %
2
16
Jun
Jan-,. 2
;
8
98% July
Dec
Oct
Jun
113
39% Feb ?24j
55%
May
21% Jan
21
80%
81%
80%
80%
11%
11%
11%
11%
11%
6,300
29%
,
29%
29%
29%
29%
11,700
47%
1.7U0
*45
380
47
47
93-
93
*93
95
89
89
*88%
89%
190
•12%
12%
12%
12%
12%
4,400
84%
84%
84%
*84'A
88
%
'
323
86
50
.
11% May
24%
Feb
13% Feb (11
39% May
55
Feb
44,
*
Feb
26 % July
19
Dec
19%
Nov
15% Feb
10
Mar
43 %
11
10%
40%
Dec
Feb
35% Feb
5% May
30 % May
July.
31% Feb
11
Oct
16%
Feb
9% Dec-15
Dec
16%
Feb
5% Dec
17%
23::.
6%
10 Ye May
101
20%
Feb
16%
Dec
110
Apr
5
94
Dec
Seaboard Air Line
7
preferred series- A_Seaboard Finance Co—
20'/a Jun
"
5
v
'
Seagrave Corp _i
4
104
24% Nov: 26 (■'
Servel Inc
1-
Jan
$4.50
31
36% Jun
2
24% May
40%: Oct
30;
Feb
11
46% Oct
22
18
.May
33%
Jan
175/a Feb
11
27% Jun
10
70
Dec
82
Feb
68 ;
14%
Dec
21%
Feb
9.
11%
2
$3.50
12
9
13% Oct
28% Feb .11
46% Jun
15
9%
Apr
5
Feb
Dec
Feb
4
25
Dec
Feb
51
1
Dec
Jan
6%
41
7% Jan
11
34% Dec
36
24
14
May
18 Va
Dec
15
Feb
Mar
117%
15
May
44
11
65
,
Sheraton
5
<
A)
Pen
9%
9%
9%
_1
*12%
13
36%
37
,__1
22
35% Jun
3
28
Dec
17
39% Jun
18
No par
V
_No par
102 %
Jun
80
Dec
14
90
Apr
19
91-
Sep .29".
98
July" 9
(A
87%
Dec
Dec
35%
Jan
•13% Mar
17 Va
Dec
3% May
Oct
"5%
15% Dec
Feb
14% Feb
96
5%
42
54%
26
11
Nov
5
5% Mar
39
Apr
-
104% Jun
52
22
45% Aug
17
Jun
14
May 17
8% Oct
6
-
7
60
.
Oct
22%
Jan
11% Nov 30-
16% Jan
56
Jan"
36'/2 Mar 17
36
40%
Nov
••
"J
8
26
261.
25%
35%
-
35
22%
22%
126%
126 V2
*20%
21%
*24%
24
21
20
23
50'A Jun
70
July 12
73
,
Jan
5%
6
Range since Jan.
Highest
$ per share
S per share
20%
May
Lowest
$ per share
Feb
12% Dec
7%
Feb
4
Feb
14%
Jan
4
Dec
17
Dec
93%
Jan*.
Sep
-
8
68%
May
Dec
63 <-'• Aug 25
31% July
24%
17%
Feb
90%
•
22,;, Dec
20% Feb
Oct
Feb
7% Dec
.
8% May 27
24
73
1.
>
20
Jan
2
,
30% Jun
20
•
14
61 Va Mar 17
Spalding
Sparks
74
"
18
15% Feb
27
Nov
45%
Jan
21% Aug 19V-
99
Nov
112%
Feb
Nov
12
Jan
*
Dec
37%
Jan
19% Dec
8
29% Jun
3
Aug
79% Oct 18
91% Jun
10
95
16V
23% May 15
29% Jan
104
;
12
1,900
39%
38%
38%
38%
38
38 %
2,000
36%
*35%
36%
*35%
28%
36%
*35%
36%
36%
36%
*35%
29 Va
29 %
29%
29%
29%
29 %
29%
28%
28%
28%
29
29%
30
30
30 Va
6,900
16,200
Edison
*35%
25
Co
28%
29%
29
29%
28%
28%
28%
29
49'
49
48%
49
39%
39%
39%
No par
common,_No par
preferred
*59%
60:
100
*663A
Par
,
& Bros Inc
1
No par
i
1
No par
-.
1
Inc
preferred
New
Jersey
14
Standard
Oil
of
Ohio
common—„10
*110%
May
18
Jan
11% Mar
6
15 %
May 21
Dec
Sterchi Bros
49
Jan
32% Mar 12
88
Dec
20
6
Feb
Apr
113% Jan
8
11% Jan
9
15
*7
31
11
17
18% Dec
23
26% Jun
Sep
9% Feb
32% May
45 %
Jan
34% Mar
l7Va May
101%
13.
36
Jan
43
22
Oct
18% Feb
11
28% Jun
24%
Dec
24
May
47
V4
140 *
Feb
14
Mar
1
Feb
235
18
Jan
21V4
For footnotes
see
Oct
page
8% Nov
28
10
f
Jun
19
Co Inc
'
Corp
>
111%
193/a
6,500
100 %
700
112
112
112%
3,200
common_;
40%
23%
23
40%
40%
40 lA
41
600
*37%
38%
38
300
34%
35
*91
93
*37 Va
...
34%
35
93
*92
39
13
13
.
13
13
35
34%
35'A
93.%
93
93
*37
13
13 'A
700
35 Va
35
*91%
7,100
94 >
22%
,
22
24
23%
24
23%
243A
24%
100
25%
12%
12%
123/4
13
13':
13
12%
13
9%
9%
9%
10
9%
12,200
1,300
10 Va
9%
15%
15%
15%
15 %
15'A
15'A
15%
15'A
1,000
133/a
133/a
133/a
13 3/8
13%
13%
13%
13%
14
4,900
21%
22%"'
21%
22
21%
21%
21%
21%
215/a
22
16,200
9%
13%
21%
23%
13%
13%
9%
15
24
12%
34
15
„
<
*15
9%
*15,
10'/a
9,100
'
1
"6%
*92 ;
:
No par
*60 3A
i
^__i.__lOo
*115%
1
7
,
.93
>613/4
116
6%
*92
1
*60%
*115%
614
7
92
92
60%
60%
116
11
11%
111
preferred
series
A———25
17%
175/a
175/a
series
B„25
19%
19 Va
19 Va
19 3A
*1153A
18%
preferred
■<
37%
37%
37%
6 3A
7
93
61%
4%%
Sweets Co of America (The)
200
8,000
40%
•
9%
preferred^i__No p£ir
V...;
10,400
9714
71%
40 %
13 Va
13%
-
24 3A
*95%
40%
39.%
34%
33,600
245/a
97%
*40
*13
*91
725/s
24%
14%
*37%
.
72%
24%
24%
14%
13%
93
72%
*95%
72%
-96
145/8-: :
38%
35
*■.
14%
38%
13.
1
24%
14%
*13%
common
common;.
40%
.,
72%
x96
14%
13%
*91,
;
_5
Sutherland Paper Co..':
190
'
18%
100%
1414
38%
34%
-
-15
Superheater Co (The)—^
No par
Superior Oil of California—25
-Superior Steel Corp—
50
9
16% Jan
_5
Sunshine Biscuits Incj——.12.50
Sunshine Mining Co___10c
17
44% Jun 14
41
14%
72%
25 Va
97
13%
100
Corp
14%
24%
*96
38%
1
common;..-
14%
72%
25
97
.
4%%
'
V*
9
19% Jun
11
32% Dec
Mar
Inc^__
24%
97
14%
*40
Class A 4%% pfd
11% Mar 31
160
Chemical
Oil Co
24%
'97
14%
preferred
Sunray Oil Corp
July 13
9 % Dec
t
14%
21
13% Mar
May
<
2
24%
*95%
Spring common—1
$4.50 series A
Sun
120
17% Dec
12%
8% May
Sun
:
July 1
15% May 24
21% Jun
9
Jan
A,.
Stokley-Varv Camp Inc common
1
5% prior preferred—
__t_20
Stone & Webster:
—No par
Studebaker Corp (The)
__1
1
98% May 25
70% Nov 24
50% Mar 19
Oct
Jan
29Va Jun
6% Nov 30
91% Dec
75% Mar
»
18 Va July
86JA
193/a
25
34;
18
86 'A
250
20,200
100%
*100»
112%
20 Va
12,800
12'
Dec
112
86 %
99
20
17,10)
4% • convertible preferred——50
Starrett Co (The) L S
No par
16 Va Mar 16
19
98%
39%
May 26
15 {
112%-
86%
19'A
101%
2,303
•663/a
41 %
11% Jan
111
19
*100%-
20%
4,800
73 Va
43 Va May 11
Feb
86 Va
*86
19%
102 %
,
100
16
253/4
72%
30
Feb
113
112
86%
18%
102%
,
20
850
15%
2514
73%
-11
Jan
112
*853A
19%
*98%
,
73%'
36 % Nov
17
102
19%
15%
25%
39 Va
Oct
25 Va
86
100
15%
25%
t
653/4
47
21%
4,700
10,200
,
66%
May
10% May
8
39 %
37
16
27%
66 V4
66
Feb
19'A
20
v86Va
86%
19%
99%
19%
100
&
99
'7
65%
39 Va
38
P)
7%
65
66%
Feb
Stewart-Warner
64
66
39 %
49
(J
•.
663/8
Jun
2
*64
39%
41 %
Jan
65
66%
3%%
18
62
40
Standard
17
26%
7%
1,103
66
11
11
22'A
39%
23
9% Dec
26%
703
68
22
67
15% Oct
12% Feb
*63
22%%
3,10)
40
97% Jun
Oct
4%
66%
35
Feb
4 3/8
%
39%
10
Sterling Drug Inc
5%
4
66%
14
Stores
7%
1,200
5%
39%
Oct
Steel
26%
7%
share
13
13
66%
11% Feb
24%
7%
7%
Shares
39%
89
19%
27
?••■
"
for
the Week
5%
63
22%
Sales
;
25
23% Nov 30
series
*63.
13
t per
No par
Feb
preferred
-
*99
_No par
Indiana
Jan
13% May
14% May
62
*85%
No par
17%
3%%
62
20
,No par
10% May
Stevens
68
23
22%
26'A .26%
23%
99
of
.•
7%
63%
*63:
*43A
20
Oil
8
26%
7%
68
19%
Standard
7
2614
63%
7%
•
99
15
Jun
26%
7%
23%
20%
92% Jun
preferred—
97
26%
*63
23%
99
of
prior
39% Ju-n
*23%
5%
4%
*98%
Oil
$7
36% May 21
16% May 26
23%
*4%
4 Va
*12%
5% ;•/
98%
Standard Oil of California
10
'68
%
120
Dec. 2 i
S per share
13
20%
Standard
20
4
5%
19%
16
preferred——
Feb
4%
,/■;
98 Va
15
88
4%
12%
6
Friday
Deo, 23
$ per share
13%
5%
Thursday
Deo, 22
*
22
prior
23% Dec
13%
66%
PRICES
Wednesday
20'/a
Oct
$6
Oct
13%
6
*63
SALE
-
S per share »■
-•
6
G8
HIGH
Deo. 21
,
*98%
No par
Standard G & E Co $4 pref
36%
,
v
'
,
No par
com
Jun
104 % Mar
AND
Tuesday
Dec. *;«•
No par
Brands
Jun
Jun
Monday
15%
73
7%
66%
25%
53
125-
66 Va
15%
121
Dec
66%
25%
13
114
67%
15%
27
15%
*66 %
25%
36% Feb
109%
67%
15%
54% Jan
July
%
*60
253/8
July
May
1,200
67 %
66 %
15%
44'A July
10 Va May
9,700
60
25%
63
51
40
*58%
15%
50% Mar
105
49%
39%
59 <••■•
25%
11
Jun
48%
39%
15%
27
May
491A
38%
58%
25 aA
Feb
30%, Nov
48%
59-
25%
Nov
105
48%
39%
58%
1
common.,
97% Feb
Jan
48%
38%
15%
86;.
Dec
49
4%
7%
100
2,500
,
59%
13%
26%
preferred—No par
:
:
.V
-_5
38
39%
6
23%
lOJ
58%
4
18
133/s
*63
54%
48 %
$ per share?
*4
46
,
39%
$ per share
6
'
*43
*54
•
60
13%
■
45
39%
LOW
17%
23%
;
Saturday
uec.
*43;
.59%
68
STOCK
•
*
100
37'A May
,
*39
.,
7.50
Jan
11
5,000
*39
Feb
69 Va Feb
7%
39
Feb
July
31% Aug
2,1C0
7%
38%
36%
80
1,403
3%
7%
.
3%
29%
125
•
54,700
100
100
11%
preferred
$3.50
7%
17 Va
16%
•
3%
11%
114%
>
7%
"
16%
100
3%
•54%
May
27% May 15
109% Oct 22
7%
16%
*99
11%
May
»
7%
•
.
54%
May
1
3%
12
89"
30
16%
99 Va
3%
54%
(AG)
Standard
■:
16%
*98 Va
3%
600
45
2
$4
,
16%
99%
•
*98:
60
35J
15%
*15%
11%
38%
Squar- D Co
Squibb (E R) & Sons
2
15%
*53,
17 V2
94
16%
15%
*43.
Withington
$4.50
3.9C0
98.
12%
81,
Mar
.
15%
16
85
96".
48
1
Conv
29
23 Va
63
16
*83
96
54%
Sperry Corp (The)
Spiegel Inc common—
:
28%
28%
85
96 i
12
Spencer Kellogg & Sons——
May 14
Feb
102
16
*83
96%
*53
$5.5o preferred
May 15,
,
18%
Dec
15%
29
84
*95%
*43
Spear & Co common
5
29% Jan
.
13% May
83
15%
84
95%
12%
V
1
28%
£4
95%
54%
EXCHANGE
,
29
*82
44%
NEW YORK
20% May 20:,
7% Jun 25
26
May
16% May
1
S per share
17
May
8
23%
28%
83
95%
12%
non-cum
Highest
4 ya
73
28%
83
*94%
STOCKS
Year 1947
Lowest
15
'28
■
*43
California
Range for Previous
3,300
*52%
Mobile & Ohio stock .tr ctfs
,
30)
23%
12%
Railway
11
58% Feb
66% Dec
28%
21
23%
46
Southern
33% Feb
Feb
Aug
28%
*20%
54%
23
Jan
77
23%
12%
Pacific
50 %
21 "
23
1,900
*52%
Southern
81
*20%
*23%
*20
34,500
^,50
pre'ferred
9
NOV
21
23%
21 %
24%
600
22%
123%
•22%
*127
Greyhound-Lines,_-__5
conv
62% July
May
22%
129 %
23%
7%
Southern Natural Gas Co
-.
22%
128%
*20%
7%'
30% July
57% May
24%
7%
30% July 12
68
21
714
25% Mar 16
28
22%
129%
34%
v
7%
20'/a Feb
11
22 %
127%
'
*43
Feb
43% Feb
22%
128%
22%
3%
Dec
Dec
5,400
34%
3%
Jan
50 %
1,900
25%
35%
17
34 %
Apr
2,600
4'/a
*34%
100
Southern
5'A
4%
35%
3%
28%
9
5%
35'A
16%
South Porto Rico Sugar com_No par
8% preferred
25
15
5 Va
4 %'
„
25
*97%
5'/2%
7,700
5%
4-
25%
17
50
37%
5'A
4
25)
98%
3%
com_4.50
37%
403
5%
;
25%
3%
Co
38%
400
3,200
13
25%
16%
G
13
-
2,200
9%
35
126
24%
V'a
,
13
9
26,.
98%
&
9%
35
*
22%
•'
9
-
25%
35
17
42%
34%
-26%
*15%
E
79
„
38.
126%
preferred
*78
4-
5'A
4
28
Carolina
79
38'A
5%
95%
Dec
42% Jan
78
4
83
July
2
78
*78
37%
22%
^
22
27
2,800
22%
38%
126%
preferred—;
27
Dec
10,800
36%
22
38
28 ,•
preferred
Southeastern
-
28%
36%
38
*94%
5%
43% May 24
27%
36 %
22%
36%
*81;
South
22
14% May
37% May
27%
22%
9%
Solvay American Corp 4% pfd-„100
South Amer Gold & Platinum,
1
16 '
26%
35%
22%
79
Smith & Corona- Typewriters_No par
Socony Vacuum Oil Co Inc——__15
9
Jun
5
4
Feb
Jun
23
3'A Nov 24
8%' Jan
Nov
22
27
36 '/a
9%
■■
4,900
22
9%
5%
2,000
10
100
26%
*9%
4-f
5%
10
*98%
35%
*12%
5%
3,800
22%
12%
4
100
17,800
26%
.
*78
100
3%%
4.20%
5%
-'/e
10
100
*
36'/a
100
"
r
—
5
9%
*98%
12%
5%
.
23%
5% <'
9%
100
12%
15
Corp
5%-
9%
*98%
12%
No par
Co_4
O)
26%
-
5%
9%
100
10,
13
4
*35
Smith (A) & Sonis Carpet Co com—20
"
5%
7
13
.-
•
5%
10
Dec
Oct
29 % May
—
4
,_5
Smith
23-
39%
•
*9
20
-
10
*6%
"
__.15
Sloss-Sheffield Steel & Iron—
160
39%
10
9%
*98%
77%
Skelly Oil
11
9%
100
77%
23
Feb
67/a
38%
'% 5%
5%
9%
*98%
77%
21
10
18
5%
9%
100%
77%'
Jun
92% Feb
Oct
5%
9%
*98%
No par
25 Va Oct
Dec
23
*6'A
!0%
10'A
36
;
6%
38%
38%
10%
7
22%
Sinclair Oil CorpI
6 '/a
-38%
38%
10%
27%
21
1,800
3,400
38%
23-
Co____,
16%
44
*6%
36%
Simonds Saw & Steel_^__
16%
43%
10
,5%
.
700
16%
43 'A
38%
r
26%
Simmons
52%
16%
43%
V-
23
Corp of America
52%
16%
44%
-
10%
36%
-
52%
16'A
44
39%
22%
Co.
52,%
5,700
16%
10
277/a
Oil
18%
*6%
36%
No par
18%
38%
27%
A
18%
10%
36%
G)___.
17%
44
43%
22%
May 15
32'A Jun
*16'/a
,
18
53
39
•:
_1
Silver King Coalition Mines
8
16%
43%
17%
*52%
'
7
No par
Jan
•
16%
43,%
18
52%
,i—_—No par
pref series
(W
Shell Union
71/2 May 18;
v
23
<
Gas*—
16%
43%
,
17%
52%
■
*6%
:_1
common.
(Frank
20"' Sheaffer
Dec
6% May
27 % May
39
Apr
&
18%
1
10
No pai
Corp
conv
Shattuck
■
Feb
Mar,
Oil
Dohme,
18
53% V'53%
38%
_5
i——_—.—1
common
Steel
Sharp &
15
15% Jan
Sharon
J
35%
May
4
Shamrock
78'A Dec
-
23
No par
Co
preferred
22
Dec
24 %
Feb 25
Dec
16%
43%
_5
Seiberling- Rubber Co.——
8% May 15
14% Jun
-
26.,
.——1
Co.*
Seeger Refrigerator
18%
54%
*53%
_No par
-i—
Sears Roebuck &
;
12"% July 12
18
—.100
Seaboard Oil -Co of Del*
1
25 s"
43% Nov
;
20
Feb
14
8% Oct
t c—No par
com v
5%
59% May -6
Mar25-:
9% Deo~17
Jan
30%
'
6 >
62% Jun
>
60%
116
*11514
6"%
*1153/4
6014
116
*1153A
90
"
11
11%
11
17%
17%
*17%
17%
17 %
17 %
3,900
19 '/a
19
19%
18%
19%
19%
19%
10,200
38
37%
37 Va
38
37%
37%
*37%
9'A
9%
9%
9%
243/a
24%
24%
11
11 Va
.
171
9 Va
24
171
9%
25
172
t
*37 Va
9%
25
'
9%
9%
253A
25%
171%
171%
173
14
14%
14%
14%
14%
,14%
*14%
*33
33%
33
33
32%
32%
*32%
9%
9%
9%
171
11%
143/4
323A
4.16%
*9V4
9%
*14V4
33
9s/8
15
33 Va
93/4
9%
9%
*9%
914-
18,000
800
9%
26
173
4,400
700
14%
33
2,600
^
'
14 V4
32%
1,900
116
17%
233/4
10
4,200
92
*60
11 Va
9%
172
6%
*90
60%
11
23%
*169
116
6%
92
60%
19 Va
23%
171
*90
60%
'
9>A
*167 !
6%
6%
92
17%
11 Va
37%
*90
*.
9Va
1,700
500
1,200
Volume.; 1681
THE- COMMERCIAL
Number* 4?6S|
NEW
Range for Previous
Year 1947
Lowest
t per share
30%
!
Jun
'
Range since Jsnv<l.
Highest,
*
Lowest
fper share
$ per sharei
377/a
YORK
28%, Dec. 23
Jan
NEW
YORK
36% Jan
Swift & CaCr.„~-r~
Dec
27%, Jan
9% Dec-'22
22]> Jan os?
Swift
Dec
28%
Feb
lTVa Feb, ,27
261,
Jun
Sylv»nia EJec Prod In® com
797/a
Dec
104% Mar
80
91
Aug 13"
5%^May
10 Va* Feb
i:
May
"*
22r
4% Mar 12:
37/a May
7%-Jan
20 % Aug
147/a Mar*16
53%
Sep
687/8 July
10 Va
Jan
24
Dec
587/a
46% May
52
Nov
5% Jun
15% Nov
Gould
Talcott Iric
(James
9
67
15
Texas
n572
__25
5472
4%
47/8
25% May
8
Texas
Gulf
Producing,.
T_1
16%
13
71% July 12
Texas
Gulf
Sulphur_—_!-_—No par
63 74
25
Texfts Pacific Coal & Oil new——10
Texas Pacific Land Trust- 7
28,%,
9%
29>
974,
9%
the Week
share
28%
.28%,,
287a
5,500
9%
9%.
9%
16,200
6,000
974/,
Shares
24
23%
237a
23%,
24
24
24%
81
80'
807a
81
81
290
5
1,600-
80;
81
.
5'
5
107a
no>>
'
47a.
5 %
*10.
4
5;
■
10V2
16 74
16 7a
54 72
547/8
53 72
5
*10
4 7a4 7»,
16
54%
10
28%
V
Sales
::
t per
2374
10%
3%
Dec. 24
I pershara1
*80"'
5
*10
4
10
26
82/
10%
Feb
Oct
237a
81
9%
Friday
Dec; 28
Sperehara^
29.74
16
Nov
47
19
23%'-
4
Co___
9%
82
no
5
97/
29'
Thursday
Dec. 22
Sper share
29%
PRICES
Wednesday
Dec. 21
23%
4%t.
Corp—L—__
Corpi
Tennessee
Jun
"81 Vs-
Corp„j^._
29
93A
233/4,
No par
Telautograph
19% May 27
30
Nov
9%-.
Tuesday
t
S per share
28%
j
.No par
preferredu'_:_-^-i^---
Symington
28
28%
International' Ltd-.-
$4
lis/4 May 21-
3% Feb: 11
13% May
3
.'
7% May 18 :
9% Mar 10
Feb
14
Dec
Dec. 20
$ per'share
25
irr
18%
i»
Monday
Deo. 18
Par
27"
27
RECORD
Satarday
I per share
*
>
LOW AND HIGH SALE
STOCK.
EXCHANGE'
,
20%
10,
STOCK
CHRONICLE
STOCKS
Highest
"
&; FINANCIAL
47a
163/8
4
16
541/4
7a,
16
537a
53
107a
47a
16
47a
10*
4 7a
53 7a
10
*4 7a
16
53%
100
4%
1,500
167a
900
53 7a
24,600
>16
523'4
16%
2372
163/4
1674
167a
167a
167a
16 74
167a
167a
16%
627a
6374
5,100
62
621/4
58%
617a
59
607a
5974
603/a
2372
„
163/8
6372
■
237a
237a
13,500
237a-
24%
233/4
24
2374
237a
23%
23%
7,200
2,200
I
■
-
15%
Jan
34%
Dec
29
41
Jan
58%
Feb
45% Dec
21
65 3/4
13%
Dec
15 %
Dec
10% Dec
20
20% May 24 :,
18%
Dec
19%
Dec
xl4% Dec
9
Feb,10;
48% May 13 i
24
Supi share- ctfs
Texas
May 24
Inc
$1.25
May 22 ^
i—1
—*l_r
Pacific Ry
&
Textron
Co—
12%
Dec
21%
14% Jan
8-
Dec
Thatcher Glass Mfg. Co'common-—_5
59%
Feb
26% Dec
23.
46% Jan
9.;
17%
Feb
12% Apr
15:
15% May 21
$2.40 conv
The Fair
preference^
May
9% May
13%
Feb
10% May 15
Thermoid
common
45
Dec
Feb'
5% Nov 30r
5% Dec
60'% Feb
6%
Aug
14%
16%
Jan
24%
Oct
10
Sep
16%
Feb
■
38
May
85
Dec
59%
3% May
Feb
47% Jan
-
6% Dec, 10';
19
Apr
Feb
85
7%
Feb
39 %
Feb
59 %
Oct
19% Feb
Dec
108%
Feb
95 Va Jan:
15% May
21%
Feb
94
:
40 %
May
53%
10% May
15%
Oct
22%
20%
10
Jan
14
Nov
May
57» May
7%
Dec
Feb
Dec
112%
Feb
12%
Dec
15%
Nov
12% Mar 16
Dec
38%
Jan
17% July 30
48
Jan
31% Dec
17
92
27 '
93
Dec
K)4
Jun
7
Dec
16
96
Feb
30
Nov
51%
97/a May
12
17%
Dec
Feb*
24
Oct
58%
15%
25% May
37%
Jun
Oct
17
Dec
91%
85
115
39
16
122
Jan
59 % Jun
15
16 % Jun
15
Dec
-
30- ;
11
12
Oct
28
Jun
Apr
Bearing
Corp
Corp .common—
57a cuiv prior
Twin,, Coach Co
Udylite Corp
com__No
May
3,800
11%
5,900
77a
513/4 July
4%..
8
non-cum.
Union
Tank
25%
110
Dec
22% Dec
<
Sep
1
103% Nov 29
30% May 19
110% Jun- ' 3
.United
19% Apr
2
90 % Mar 22
United
36 '
United-Carr
Jan
33'%
Dec
8%
Dec
83
Dec
v 53
29
Feb
,,
Feb
5
2% Nov 30
Jan
41
July
Lines
7
5% July 15
Carbon
97
14%
14%
3,000
187/a
19
1974
18%
19 7a
19
1974
19 74
19%
19%
20%
19,400
1007a
*98 7a
5
5
57a
27
*24
267a
32
*31*
9872
*98%
5%
5%
2772
6%
32
27%
67a
9%
407s
41-.
123/a
123/4..
9%
307a-,
307a
297b
41
40%
*90
Dec
21
19%
Oct
163/4 Feb
13
82% Apr
28% Jun
37% Jan
21
46 3/4 Jun
48
10
58% May 17
United
Dec
13
Gas
21
23
May 24
21% May 26
United
11% Dec
United
Merch
22
7%
;
,
15% May
233/4
Oct
163/4 Feb
27
89
Feb
20
Oct
15% Feb
11
May
Dec
107%
Feb
92% Feb
11
13%
Dec
33 %
71%
Dec
94
37
Dec
53%
5% May
253/a Jan
93/a
Oct
4% Dec
9
Nov
17% Dec
18
196% Mar.
166 3% Oct
Jan
8
18
327/8 May 15
101
Jun
H33/4 Jun
9
179
22
58 3/4 Dec
23
76
Feb
19 % Dec
23
42 % Jan
1774 May 14
Jun
8% Jan
36
9
7
Jan
2
Oct
11% Sep 27
73/4 Dec -17
2174 Jan
Oct
39% Feb
16
53 74 July 13
58
July 9
373/a May 21
73
Dec
Feb
49
Jan
13
Jan
22 7a Dec
22
•
168'
Feb
86
Dec
6
377a Dec
10
121
Dec
21
93/4 May 20
94
May
7
49% May 15
137% Jan
51% July
37% Nov .30
Dec
587a Jun
81
Feb
63,% Dec
72
61% May
80
Dec
6
133
Dec
150
Mar
XI73/4
Nov
23
Feb
1
73/a Mar 17
129% Mar 16
17% Feb
10
1
23
140% Jun
8
Dec
Jan
8%
Oct
4% Mar 16
Jan
12%
Feb
87/a Feb
11
96%
Dec
109 %
42% May 20
67a May 21
123/s May 26
Jun
85% Dec
20
5%
Dec
103/4
Jan
98 7a Jun>, ,9
3
Nov
30
x333/4
Dec
52
Feb
22
Dec
21
34
Jan,21
May
% May
22
Feb
16
Feb
13
20
Jun
„
11%
Nov
-
stocks
•
YORK
Inc—.
-
7
5
674 Jun. 15
17
1st
S
73/a Dec
43% Dec
Feb
Hoffman
107
2,900
487/a
4974
4974
49%
36 %
*3574
367a
*106 7a: 10772..
.
*106 7a
22%
1077a
*106 Va
237a V
1077a
23
17
6
7-
14
8
170
May 22
157a May 21
70
May 20
U
S
Leather
Partic
U
S
&
Machinery
*106 7a
107/a
1078.
117a
10%
11,7a
11%
62,
62 7a
62 7a
64
62%
63
20
20
19%:
■
19%
7%
7%
77a
*19 7a
77a
367a
3672
36%
30
30
367a
3174
23/4
1
2%
27/8
43%
43%
2% a
2'3/a
274
27*
36,.
31%
*297a
23/4
44 %
2 7a
2%.
*293/a
27/a,
*43 7a
m
2
193/4
'77a
2%
20.v.
77a
203/8
7
'
■
27a
2
36
393/4,
39%
4074
*5%
62
57a
5%
5 74
2L72
7*,
2 74
2 Vi
100
27/a
26,000
44%
274
403/s
3974
407*
*5 7a
53/8
57a
57a
*6074
617*
52
.
/
607a
217a
217a-
21%,
217a
217a
21%
38 7a
387a
38
38
38
v
,,
38%
52%
52 7a
*
1972
19 34
197a
113/4
12
-19
62
51
5274
*61..
Lines
Co
Co
19 74v"
197a
A
117a
11%
HIGH SALE
38
1,700
5174
51%
193/a
3,600
12 7a
17,200
Friday
Dec. 28
87«
U S
77«
U
S
1%
Dec. 24
10
273/4 Oct
157a May 17
26% May 21
Van
Norman
16
Van
Raalte
157a May 21
Feb
12% July 19
19% Dec 21
297a Jan
Feb
857a Dee 24;
94 „
'Jan
May 28
86
95
Jun
page 28t
Feb
13
6
4
Vanadium Corp
4%
47a
44
8972
383/a
>387a
38',
1237a
1227a
5o
42
42
*65
66
No par
71
13572
No par
1874
preferred—.
-25
Corp_
—
1
—50
1
13572
*38
>,
8%
i
*85 %
f
9
<
4%
3
3
*23%
17
117
1
5
f20
100
*156
—
com—-.-1.
100
of America—No par1
7%
45
21
,21
12%
—
Co
—
:
Pacific Ry
preferred
2.50
20
com-100
*85
100
i5?
45
86.
I
9%
23
(1274
47a
.
.19%.
*155
*21
'
,
38%
-
121
1357a
135%
1872
43/4
423A
183/s
*38
87/B
*84
3
227a
i
22
17
4%
1978-..
7%
;
.
*163/4
5
197a
157
7 Vi
44
197a
207a
13,500
*47a
4%
4%
43/4
1,500
4%,
18%,
*38
8,7/a
t
3 7a
17
*53
54%
38%
121,
42%
66
157 •'
77a
-
*53
393/8
122
66
713/8
134%
13574
134%
18%
18%
*38
47a '
9
87
'
3
9
3
1
19 %
r
22
*1674
4%
17%
160
7%
45
21
2174
21
(
10
'
233/4.
233/4
127a
123/4
12%
127a
12%
197a
20
20
207a
1
86
*85
86'A
86
*86 Va
20
20
87
*85
87*
*85
87
-.86
*85
87
*86
86%
19%
2074
*85 '
1074
.
8%
*84
3
22%
*17
4%
19%
10: :
2-174
*4 7a
37a
22
45
45%
187a
*38
9%
87.
474
7%
772
18%
39
197a
*156
160
772
*45
43/4.
*84
23
*156
7,500
43
703/4
23%
12%
1,460
4274
20%
127a
8,000
66
93/4
*23
21,
10
3974
1227a
39
121%
70 7a
9%
23(
88 7a
65 Va
9
*1972
100
*8774
**
43%
39
47a
800
54
24%
707a
213/4
23
443A
23 74
657a
'
*163/4 ; 17%
434
478,
5
197a
6,700
8%
707a
3
i
1,800
123/a
*433/4
88
387a
50
187a
45
23%
88
4,900
1274
*8
54
227a
8%
60
18
87a-
227a
,*22
22.
12%
44%
447/a
.
*84
87
18%
12%
8%
*56
13572
,135
'
1872
*8»
42%
707s
47a
45
874
1213/4
42...
187a
176
217a
90
*6472.
39
47a
"
583/4
87a-
3872-
717a
*173
87a
127s
121
65
■
176
210
19 74
18%
*88
387/a
:
100
4,500
5834
12%
12274-
100
22%
21%
187a
90
20
'
8 74
44%
*88,
-
*173
213/4
60
4%
.
*99
175
r.
22%
707a
443/4
9%
1,600
101
547a
42
'1 157
77a
44
200
1017a
45
37a
*16%
,■
5
20
-
173/8
237a
65
.974
227a
96
*17%
55
22%
42%
85%
3]
,<
*94
177a
*8
7178
8%
-24
com-No par
1227a
8572
86
'.
S
39
*38
4%
95
177a
*547a
136
1874
39
*4%
Vertientes-Camaguey Sugar Co__672
non-cum
136
1874
:
22
95
8
9
66
42%
70%
21%
1774
*44 3/4
55
3874
*65
71%
*8:,
233/4
90
1237a
93/4
5%
*88
-100
*2274
Chemical
2374
—10
com
Inc
45
*5472'
23%
*88
-10
Vick
55
2372
I
44
44 74
*5472
,
9
22%
21%,
123/8
*8
9
Shares
95
*57
4%
2.50
Vicks Shreve &
83/8
60
21%; 227B-
.
187a
10
Co
Co
8 74
*57
2274
12 7a
preferred^
13
74
4%
.
183/8
Universal Pictures Co Inc
93/4 Dec
8
60
217a-
for
Sales
the Week
$ per share
22
*172
4%
100
preferred
8%
*57
175
123/s
conv
474 7*
*172
18 3/8
preferred
Universal-Cyclops. Steel Corp
'8 7e
175
12%
com
Tobacco
*17174
87s
101
187a
-
Leaf
9934
102
12%
United Stores $4.20 non-c. 2d. pfd—5*
$6
conv
preferred
No par
United Wall Paper Inc common
2
47«
10174
1013/4
S per share
95
21%
50
Stockyards
*17%
17%
common
non-cum
United
1774
12%
common^—
Co
95
1774
17%
preferred
Tobacco
22 3/8
95
*7%
:
preferred
Corp
22
18%
4%
20
Smelting Ref & Min
S Steel
22%
95
_1
;
1st preferred
non-cum
77«
U
Co
S per sftorgf!
,
95
—10
common
Corp common
—I
pfd series A——
,—100
Rubber
S
Sper share?
•
6,800
;
19%
11%
'
Thursday
Dec. 22
"
22
60
"
20-
1,300
PRICES
Wednesday
»
.
21%
No par
Plywood
33/4%
U
*57
200,
21%
38
197a
117a
Dec. 21
$ per share
*17
'
102
872
5
100'„
preferred-—
U S Pipe & Foundry
U S Playing Card Co
S
2274
*171-74 .175:
comrgon—No par
class
.,
96
com-.
4% %
U
$ per share
5,5004
62%
21%
.
52%
19%
11%
Tuesday
.
51%
19%
LOW AND
Dec. 20
*60 7a
t
ll7/a
1172
7
Monday.
1874
-
29,600
'
52%
12
Dec. 18
*10172
710-
27a
3974
5 3/'e
*5
39
*38
52%
Saturday
20
1,400-
31%
2%
*44
40%
4074.
21%:.
-21%
383/4
2274
1,300-i
■
36
*29%
2%
447a
607
62
*6072-
'
*94
700-
7%
36
31%
23/4
447a
45;
44%
7*,;.
X3972-.
572
11%
1974
774
367a
3,600
'
40%
*38
193/4
774
367a
27,300
"
"
*29 7a
2%
2172
200
11%
6274.;
31
,
13,100
1077a
10%,
7%,
*6072
Chemicals—No par!.
conv
14% Feb
16
300,
237s
62,,
"
5
23
107/a.
'
100
preferred^—
21% Feb
see
8,300i
5,800
61%
*17
;
150-
Feb
94
29 7a
85%
10 3%
363/4
*574
-,
preferred-
:
Industrial
S
common
Universal
Feb
Nov
106 V
"20
40-3/4
-1
.
Universal Laboratories Inc_,
91%
94%
28,%
84%
*3574
3674
10
,
61%,
No par
103/s Jum 11
29%
Nov
49
>
297a
120
8534,!,
10%
*487a ,.'44-72
,
No par
237a Jun
Dec
84
85 74
6272
No par
Gypsum Co
47»'7o
U
Securities
Mar 16
Dec
39
"
preferred
Feb
Jan
1
*
Feb
13%
20%
107
•
•
4
56%
12% May
26% Dec
V 28%
227a
,
19
Feb
2 87/a
867a
22%
7%
5
.
STOCK
Feb
192
For footnotes
Mfrs
Dec
"23%
Dec
18%
283/4
85%
2294
*19%
&
Mar
Dec
163%
22
29 74
877a
237ar,
Improvement Co„-1372
—
Freight Co
1%
U
24
19% Jan
8
37
S
Apr 21
87% Oct
5
Feb
U
13
38
48 3/4
S
5
Apr,
39
$4.5o
4
-
24%
103% July
60% Feb
287a
227»
52 74
U S & Foreign
U
2
Jun
Dec
46%
Dec
88:
863/4
-
Par
9
24% May 15
10,,
Dec
•;
.
Co
EXCHANGE
Jan
23% May
95
*86 7a
*8672
23%
—No par
NEW
Dec
May
Fruit
$ per share
Feb
393/a
*90
88
*90
87
'
$ per share
Jan
106
Coal
Cos—-4—.
United Engineering & Foundry-.;
Highest
20%
Dec
123/4 May
95
95
*85 7a
49
3,400
23,900;
108
*90;,,
*3574
313/8
41%
41
87
49 7a /
1,800
108
95
3574
31%
500
7,800
12%
417a
*85%
■„
317a
97/a
393/4
39"
*12
1077a
857»
483/4
; 20
v—100
Electric
/ :■
S per share
J
4,300
407a
*90-
353/4
*106
ul
common-
preferred
United
Range since Jan. 1
Lowest
8574
90
6%
*10674
95
49
'
United Dyewood, Corp
May 27
Range for Previous
Highest.
41
1077a
35%
23 7a
coin—30c
26
Year 1947
307a
307a
40%
*106-
487a
Corp__No par
Stores
20
.
30%
417a
1,900
26%
*97a
12 7a
100
5%
6 7a
40
I2u
106
357a
*29%
4% Feb
60
19
307a
,
*25.
400
100
5%
97/a
39
:
106>
48%
36%
X39% Dec
Feb
Jan
I per share
30"
'
.
36
10%
% Mar
n
127a
7a
380
32
*98%
6 7a
*97a
4074
12
99
3274
100
67a
97a
40:
*4872
.——No par
Cig-Whelan
10%
Feb
9%
,
1274
*3572
$3.50 convertible preferred-w^^lOo
19%
'
86%
,
93/4 ,
67a
41/
407a
1077a
67a
3174
127a
41
106
x27'
6 72
*97a
'
5:
39%
-
30 78;
407a
107
*98 7a
26
■
63/a
9%
*106
5 74
26<
12%
407z
1007a
57a
40%
*972.
*3172'
*9872
57a
6%
39
*31
103
*26-
6%
'
Unite
95
Lowest
Co
Fastener
Dec
Dec
18,300
97
1474
*12-
United Corp common————__1
$3 preference
v-—.--5
11
7%
987a
14
6272
5
Feb
7
987a
14
7:
,100
3% May 15
47% May 20
593/4 July
24 % Jan
7
99
14
-—100
55
3
67/a
77a
r
200
x987a
common—10
—
11
Jan
7
•
1374
*26
United Biscuit Co—-No par
United Board & Carton ,Corp_l
10
2
Dec
12% May
preferred—
Inc
preferred
5%
Jan
100 V2
17
137a
5
common^-
14
Jan
77a
100
7%,
107a
*15%
7
Dec
43%
16
133/4
10F1
*
Air
4 72 7o
65%
11% May
33/ May
11%
16
13%
5%
_No par
2% Feb
9
1074
107a
16
99"-
9872
*5
Jan
4 Vb
Dec
Nov
107a
107a
14
*31
.
»25
"t
57a-. convertible
United
24
10 74
10%
70
100
18%
preferredj—~/——50
Aircraft,Corp
25
9% Nov
57% Nov 30
107a
*15 Va
102
.
'
1
Apr
22%
102
-
—-50
Car——
23
10274
107/8
•
* 2
U02
7
29%
41% Jun
227/a
102 74
167a
10%
87,
Feb
227/a
2274
102;
'
*1372,
5
2874
23 % Oct
85%
10%
23
*15
86%
15 % Jan
13% May
14% Dec
10%
16%
8774
38'% Dec .13
4
1074
1074
107a 4,
1674
297a
20
20
1074
1074
1074
-
16%
7%
29
22
16
7,200
10%
'
24
67
41%
8574
Jan
38% May
407a
*C5
Dec
Dec
41%
series^—No par
7-
127%
40 3/4
$3:50
19
40%
41
Preferred
27% Feb
46%
4174
4074
24
Dec
92
2,100
-4072
Jan
38%
10,500
18 7a
41%
107a
—50
com
23%
18.
1C72j
:■
Co
500
18
4074
par
California—1—
2,400
18
90*
of
320
3%
28%
'
18
4
Oil
867a
37a
28 7a
37a
28%
18
Nov
Pacific RR
2,600
18 7a
80'
Union
867a
600
8%
44
1027a
223/4,
Jun
Union
Vb
437a
86
3 7a
287a
1
*8
20
18
107a
Rfd $4.50 ser-^-No par
1
29
*28 74
87/a
44
85 72
"
37a-'
37a
.
1,300
..
'102
40%
No par
6
87
*8572
372
44
660
77a
20
187a
95
38% July
96% July
86
28%
*8 7a
87/a
44%
35%
*6%
"
20
3,000
233/o
*90
11
*8 7a
44
77a
574
3474
35
63/4
20
590
400
57a
1027a
series——No.par
21% Feb
87/a
44
37a:
$3.70
79% Nov 10
45% Sep 27
31% Jan 26
6%
197/s
28 74
Preferred
Dec
35
3574
6%
197/a
57a
227a
40%
100
57/'a
57a
800'
10272
233/8
103
7%.'
35
674
86
33/4
29-
7
35
9%
8672
3%
*2874
53/i
19%
*8 7a
Jun
Jun
35
33/4
35
437a
1
98 '
Apr
J.6%
44
8672
8772
5%
*12%
63/4
83/4
*8
18
par
Rubber C6-.
43
29%
28 74
*1674
——1
&
44
13
*19 7a
20
53/4
277a
*12-3/4
57/a
34%
678
27
13
427a
-
574
57a
2778-
5 7a
3574
67a
20
18 7a
,
No par
preferred-
6%
19%
83/4
23%
1
,—
*35
574
*27 7a;,
*12%
574
57a
,
,187s^
—No par
;
5%
35 74
9
Nov
.
13
Feb
28%
171
27
127a,
91.-
24%
86
26.7a
*123/4
57a
2774
127a
1
(The)
Un El Co of Mo
120%
91
*
13
57a'
572
27 7a-
12%
^10272
Bag &, Paper—/-—^-^NO/par
Union Carbide & Carbon„
_No pai
28%
*
3,900
263/4
53/4
28
,
Union
,
8
Dec
20
5%
2674
;
Corp
Asbestos
Sep
44%
:
preferred—No.par
Dec
41
1,900
*3%.
1
preferred^*
18%
:
15%
*86
6
—2
■„
conv,
15%
3"%
15,7a
"7 3/4
—No par
prior
75
2%
15 7a.
Sep
27
Dec
50
15
104
16% May
26%
15 74
*43
r
5
—:
1
102*
15 7a
*
39% May 26
43 % Nov
1
110
Roller
Underwood
15'
6%-
No.par
;
City Rapi Transit corn—No
Union
15"
100%
Dec
20
27% Feb
103
s
15
19%
—100
$lt50;
2
23
7,300
15:.-
7
53/i
No par
$4.50
>
11
3574-
com—No par
Century Fox Film
Twin
5
-
bec
9% Mar 16
Mar
14 % Jan
24
37 % Nov
105
5
11
83/a May .27
32% Jan 21
Dec
9%
Jan
36% Jan
100% Jun
463/4
10%
,
—-
Co
$6. preferred-!
•Truax-Tr&ei Coal Co
20th
4674
107/8
1
—50
Axle_,
Tri-Continontal
5
43
47
107a
5%:
& Western Air Inc
^5
Transue & Williams Steelu^—No par
25% Mar 31
2
6 % Dec
Feb
May
9 Vb
Jan
19 % Aug
'
42%
*46 74
107a
12%
Transcont'l
107% July 22,.
5 ;
4% Dec,
15% July
43% May
Nov
427/a
453/b
107a
■*2778V
com
preferred
Transamerica
11
10% May 15
11;
21%
7
,
43
457a
103/4
i
15
Products
Detroit
/Timken
22 3% Mar 11
233/4 Apr
5
5J/4 Feb
$3,75
42a4
43%
107a
.
$3,50: cum preferred
——No par
Tide Water Associated Oil com-i_l0
Timken
43'
45%
10%'.
i
Transit. Carp—No par
Co
(The)
1
Steel
preferred
Thompson-Starrett
May 21
13% Jan
10
9% Nov 29"
15% Nov
99
34% Aug
6
55
Avenue
4%
104% July 12 ;
237/a May. 27 '
2
Mat 17"
Co
Thompson
*42 7a,"
453/i
1072
No. par
Thompson (J R)
t
„
31% Nov, 4,;
32% Jun 15 ;
13
40% Nov 30
Jan,
13% May
16
1% Mar 11
17
8
(
May 26
47iJan
19% Mar 16
25%
18
Thomas
9,;
95 % Jun
6;
May
May
20
Third
>Jun,
10'% Jan
4374
45%
10%
15
—No par
div/conv preferred
$2%
13% Apr/19
5
39% Feb, 11
Mar
9 ':
24
30
7% Oct
;
Jan
106
21
34% Dec, 21
4274-
47
15
No.par
41
12
43
46 74
10%
50c
^
preferred-
conv
42%,
*
_*_100
common^.
10
*23
4%
*
19.7a
*157
77a
44
21
4,400
300
26,500
135
2,000
183/a
3,700
39
4%
600
8%
3,600
88
100
3 %
5,900
22%
600
17%
100
4%
1,600
197a
800
161
10
7%
5,300
44
270
217a
10
107a
23%
23%
12%
12 3i
3,100
107a
237a
12%
3,000.
500;
'
2,800
193/4
20
867a
85%
85%
10
887a
*86 7a
88 7a
30
2,500
28
COMMERCIAL
THE
/(2704)
Highest
• per thare
50%
Dec
69
May
14
Nov
16%
48% Jun
29
Dec
Feb
93
11
Jan
17
22
23
'
•
Par
i(
34%
35
91
Va-Carolina Chemical com—No par
8%
6%
preferred
div
Virginia
$5
—
partic preferred
—10o
Co com— 10
100
pfd
Va Iron Coal & Coke 4%
Ry Co common
6% preferred--Visking Corp (The)
1
25 "
25
29%
29%
29%
30
30
30
30
5
25%
25%
25%
25 V*
Vulcan
20
20
*25%
26%
*25 %
26%
31
*30%
31
*30%
100
*59%
*58
Dec
45
Feb
28 % Dec
40
Jan
29% Nov
Oct
38
Feb
24"% Dec
14
39% Apr
26
30
Dec
33%
Nov
25 % Dec
21
32% Jan
5
30
Aug
33'/a
Oct
29
15
32% Jan
13
57
Apr
Apr
75%
Feb
57% Aug 16
Jan
2
Wabash
177/a
Jan
12% Dec
15% Jan
8
Waldorf System
Apr
3
7%
Detinning Co common.
preferred
—
31
97
15%
114%
*15%
Dec
34% May
97
15%
114%
15%
34%
90
8%
97
15%
16
32,600
»
15%
114%
113%
1133/4
15%
15%
*15%
16%
220
28V»
28%
29 %
29%
2,$0d
29%
29%
15%
■15%
29%
28'A
28%
.
16
.
„
.
170
30
30
1,600
25%
26
25 3/a
26
1,800
25%
26
*26 Va
263/4
31
*30%
31
*30 3/4
31
59%
*58
59%
29%
29%
30
25%
25%
.;.
800
102
*97
*113%
25%
.
3,200
8%
-
15%
29%
29%
10
90
8 3/a
102
*97
3,400
38%
89 Va
114%
15%
*113
16
*15%
16
*
8%
Shares
share
*37%
37
*89 Va
8%
15%
15%
31%
36 Va
89 Va
8%
114%
15%
113
25
31
36%
89 Va
8%
97
99
*95
15%
113%
36%
91
8%
Virginian
2
38% May 11
5
97
15%
*113
8%
f per share
36%
35%
*89 %
$ per
t per share
for
the Week
Dec. 24
Dec. 23
Dec. 22
Sales
Friday
Thursday
Wednesday
.
$ per share
91
8%
HIGH SALE PRICES
Dec. 21
35%
35
AND
Tuesday
20
*89 %
8%
97
Elec & Pwr
preferred
.
1 per share
I per share
*89%
14
Jun
<•
Dec,
Dec. 18
—100
3% %
18% May 15
117% Jun
6
109
Feb
121
"•
/
;
Monday
Saturday
Victor Chemical Works common—5
24
23
147/a July 13
1247/8 July 12,
14% Nov 29
Oct
15% Dec
107 %
"77
96% Apr
7% Mar 16
Nov
112
1
Oct
85
NOV
10%
I per share
I per share
32% Dec
Nov
104% May
5Vi May
LOW
STOCK
EXCHANGE
Highest
Lowest
,•
$ per share
35 % May
85
NEW YORK
Range since Jan. 1
Year 1947
Monday,- December 27, 1948
CHRONICLE
STOCKS
Range (or Previous
Lowest
FINANCIAL
&
25%
*26
26%
31
*30%
297/8
25%
25 %
,
220
20
W
13%
29%
36%
Apr
100
Dec
109
xl7% May
7% May
10%
Dec
18%
20
5%
Jan
Waukesha
16% Dec
Jan
Feb
34%
Jan
Wayne
2
Wayne Pump' Co
105
Dec
Nov
121%
13% Feb 13
104% Mar 16
103%
Dec
112%
106%
Dec
116% Aug
Jan
Jun
114
111% Oct
47
5% May
38% May
4
4
113
113
Jun
107
Jun
20
A
West
14
51% Jun
15
West Va
25
110% Jun
11
Jan
5% Nov
75%
Jan
34 % Dec
20
10% May-18
46% May 20
27
7
16% July
,
series
Lines
Air
Western
143/a
143/a
91
91
23%
v
*16
31
Dec
23 % Dec' 21
30
i
33% Jun
9
85% Feb
11
11
95% Apr
101% Jun
23
91% Feb
Aug
106% July
40% Jun
9
Elec
Weston
10
100
100
Jan
25% Dec
23
76
Dec
80
Jan
5
53 %
Oct
37
Mar 16
57% Oct
90
Dec
1017/e Mar
83
Mar 18
92
Jan
5
Wheeling Steel Corp com
$5 conv prior pref—
Feb
23
Feb
27% Jan
7
White
34
19% May
9% May
29%
July
29% May
5% May
.
?
Feb
90
Feb
34
84
Feb
12%
x53
Aug
Wilcox
9
10% Nov 30
17% May 17
Wilson & Co Inc
.
11
'
,
,
Mar
Dec
99
Jan
69
Dec
16
88% Jan
Nov
12% Dec
16
19
Jan
8
$4.50
21
20
Dec
31%
143/4
14%.
109%
109%
*108%
115%
115%
115%
Co
40
40
*104%
5%
35
W'
;
*104%
5%
343/4
34%
31%
*28
*26% •26%
26
26%
*60%
61
60
60 %
15%
153/a
155/a
15%
31%
31%
3PA
32%
32%
82
21%
21%
5,700
14%
15%
15
15%
13,600
110%
*108%
110 %
*108
109%
115%
115%
*114
115%
280
106%
*106%
107
170
108
108
>'"■
*105%
1073/4
23%
24
23%
23%
:
*96%
12.50
*27
28
263/4
100
*100
108
*100
16%
17
17%
393/4
40
39%
40
40
106
*105
5%
5%
343/4
353/a
35 %
35%
35%
12% ,112%
123/s
12%
26
26%
26 Va
26%
61%
593%
593/4
60 %,
60 %
60%
15s/a
153/a
15%
15%
32
32%
32 Va
323/8
32%
32%
23%
24
233/4
243/B
\
*903/4t
343/8
91%
*96 3/a
98%
*96%
26%
255%
25%
25%
*25%
26
23 Va
24%
..*23%
24%
14 %
143/a
14'/a
18%
183/4
18%
'
54
*10%
10%
'V' 10 Va
10%
7%
7%
73/8
7%
*84
85
24%
*23%
24%
19
18 3/4
54
:
54
29
14 3/a
14
19
•
*24
54
54
54
29
,Vl8%
*28
84
14 %
i(14%
19
455/a
84
24%
29 3/a
Va
-
,-V
14% Dec
16
18
Jun
10
125
Dec
3
X138
Jan
Motors
com
pfd series A
conv
Nopar
*54%
No par
common-.
$4.25 preferred
■
35
Dec
28
Feb
5
37% Oct
22
53
Dec
May
Wilson-Jones
Wisconsin
13
Nov
19
145% May
14%
18%
230
100
18%
10%
10%
75/8
7%
7%
7%
10%
7%
54 %
55%
X53%
53%
53%
54 %
103/4
11%
11
11%
10%
11
693/4
69%
69 Va
69%
69%
:
8,200
2,800
90
200
30%
*29
10 %
;
!
.154
"54
30%
10%
■"'7.
1.4%
18%
*29
10%
14
7%
*10%.
W-i.
2,200
46 Va
45%
85
24
14%
.v.':'46
455/a
45%
150
600
108
*100
108
*100
108
*100
24%
1
47,200
25%
23%
5
1,100
9,500
:
98%
'V- 108
29
2,200
10,900
.
92%
97%
26
54%
::
J
24%
913/a
*965/8
*84
*54
24%
*903/4
97%
83%
5 *28
:
23%
91
83%
54%
3,100
15%
833/4
29
4,000
60 Va
15%
83 3A
*54
2,300
•26%
83%
*28
\
31%
*28
313/4
*28
'31%
*28
83%
_No par
20
800
12%
45%
/.
'' :
36
12 3/a
45%
19
2,600
5%
5%
1
5%
45%
14%
*105
5%
45%
1
140
106
,
106
*105
45%
1
180
:V
40
25%
*100
.
10
V
17%
90%
•
320
f
104
163/4
45%
*
*102%
102%
102%
15%
•
*96 3/s
263/4
108
*107%
1073/4;
23%
::
97
108
106%
107
25%
253/4
90%
903/B
-
:
163/4
313/4
*60
•••
102%
*101
12%
12%
*28
313/4
2,400
82
21%
*115% 115%
33
.
12%
123/s
26%
26%
83
35
12%
26%
4,100
4 Vb
21 %
5%
53/8
700
4,200
:
3%
-w\
83
106 r:.
12%
90%
.
*393/4
1
106
34%
98
com
—„
16%
4
600
1,500
,
263A
26%
56
11
—No par
*67%
70
.—10
_.
55%
55%
11%
11
*123/4
13%
V
*
,11%
69%
13 %
69%
69%
!'' *12%
■'
1
Oct
43
143/4
14%
600
9,600
.
:
10%
1.6Q0
.
.
Jun
15%
Oil
143/a
16%
*90%
—
preference
Willys-Overland
"
16
135
Co„_
May 27
65% May 15
\
14%
A
173/a
3%
21%
109%
115%
*96%
.
preference
conv
Prior
1
88%
•
$4
July 30
21%
■:*29 %
No par
—No par
SS)
20
(The
Machine
12
51
Oct
i
Sewing
31% Nov
67/8 Mar 17
Oct
17
Motor
White
8
19% Jun 21
Feb
9-
Feb
64%
Mfg
White
126
26
'-*4V
May
51% Sep
10% May
Dental
22"% July
2
27% Feb
& Lake Erie Ry
24% May 26
16
27
9% Feb
Dec
13%
;
<f 6%
■
Dec
14
Feb
17%
20
21%
14%
*108
5%
35
No par
Instrument—.
55
26 y2 May
213/a
21%
106
5%
100
Nov
Wheeling
83
40%
pfd series B
May
22
83
39%
39%
*104%
4
V 26%
16%
No par
.—100
'•
4
4
27%
83%
.
.
16%
Air
31
July 21
4
.
83%
213/g
83 %
'
16 3/a
.
14%
26%
26%
83 %
16%
16%
,
1
62% Mar
115
4
4
*26%
24
13%
18%
133/4
107
.
3.80%
11
%'
/
*18
102%
Brake
No par
Westinghouse Electric com..
12%
3%% pfd series A
100
105
14
14
1073/4
16
Dec
13%
10
23
18
133/4
14%
15%
Dec
17%
102%
100
88
16%
17 Vb
106 %
Western Union Teleg class A.No par
94%
16'/a
107%
Western
22% May
16%
102%
36% May 21
72% Jan 15
Westinghouse
16
107%
26
May 19
14
16 3/a
107
16
39% Jun
163/s
U06%
10
15% Dec
16%
16%
*106%
58 % Dec
29% Nov. 24
24%
*101
25% Nov
Oct
21%
24%
106%
Feb
Sep
21 Va
24 5/8
*17%
108
Mar
38%
23%
213/a
245/a
102%
42%
26%
,23%
21%
14%
115%
38% July 12
May
*23%
245/a
17%
109%
,
-
7% Mar 17
27% May
23%
21%
102
5
com
22,100
20 3/4
106%
A__
10%
*24%
17%
21"%
14%
22% Mar 12
RR
10
243/8
14
27%
21%
Dec
series
16 %
83%
Dec
Pacific
100
10%
10
20 %
*106%
Supply Co
Western
Maryland Ry com
4% non-cum 2nd pfd__
Preferred
16%
4
27%
*83
100
Inc
91%
22%
*24
v
100
B
14%:
*90%
10%
14
9%
90
243/8*
1,200
:;v
*14%
20%
20%
24%,
2,800
9%
9
14'%
91 %
22%
23%
20%
9%
20
7,000
9%
18%
*17%
V
13%
> 4
32%
Dec
23%
24%
16%
*24
■
•10%
20%
*23 %
;.2o%
V
9%
102%
14%
143/a
91 %
10 %
23
9%
9
1,000
2,706
23%
*101%
23%i
100
12%
29
%
*90%
14%
91
10
28
102%
23
9%
14%
913/4
May
17
9 % ~
9%
14%
91
9% May
26% Dec
65
9
9%
9
9%
*115
Auto
9
23 %
14%
*108
pfd
4%%
Pulp & Paper com
preferred
Western
*101%
102%
22%
23
100
100
Virginia Coal & Coke
4%%
*12%
9Q
*101%
102%
No par
—
Power
preferred
*58
12%
90
92%
Nopar
;
—
Penn
4.20%
22% Oct 20
10%
Co
Elec
preferred
6%
West
18
38% Feb
100% Feb
Oct
Jan
9
No par
_1
.
preferred
7%
9
25
16% Apr
Dec
3
100% Oct
32y2 May
Penn
conv
Class
22%
9Q
12%
9Q
*12%
60
123/4
.*58
*91%
5
West
20
105% Nov
Inc___
West
4
*101%
23%
5
preferred
Indies Sugar Corp
119% Jun 22
xll3% Apr 15
103% Mar 29
Jan
$4
101 %
22%
60
*14%
Oil & Snowdrift com—.2.50
Wesson
5
2
26% May 21
19% July
1
3
19% Mar
117% Mar
112%
10
29%
101%
23
.
22%
—1
,
Tobacco
Webster
6% May 24
34% Aug
86% Jan
Sep 27
Nov
29%
103
*101
—5
Mills—
Knitting
7
3% Nov 24
X80
12%
90
5
Co__
Motor
Sep
22
1
12%
oq
1
Foundry & Pipe
No par
Petroleum Corp
3
Washington Gas Light Co—Nopar
30% Jan
23
13% Dec
12%
ilOO
preferred——
Warner Bros Pictures
20% May 28
593/4
12%
No par
Co
Baking Co common
15
Dec
59%
12%
29
•"
Warren
Feb
90
100
No par
5% %
May 22
32
——No par
common
60%
12%
29
No par
Warren
26
105
Ward
2
16
12%
Dec
83% May
21% May
14
Feb
26%
,41
Walworth
2
3
Co
preferred
(Hiram) G & W
34% May 14
27 Va Aug
3
23% -Feb
Dec
Jun
10
Nov
22
Jan
27
101
4%%
preferred
Walker
xl9% NOV 10
5
20% Jan
36% Nov
1
Sep
.
11
9% Nov.
Feb
4%
Aug 26
27% May 21
13% May 24
167/s July 13
10% Mar 12
RR
Walgreen
4
105
x83% Mar 12
17% May
30
8% Feb
Feb
Feb
May
19%
29
13%
Dec
21
357/b Jun
24
19%
Dec
12
28 % Dec
xl8% Mar 17
Jan
106% Mar
Dec
88 y2
21
100 % Apr
Feb
July
24%
66
Feb
41% Nov
29
49% Jun
14
Co
El
Pwr
preferred
6%
Co
Woodward
Iron
Woolworth
(F
10
-
*125
15 Va
15 %
*125
128
133/8
15%
15%
*125
128
1
*13
15%
15%
*125
128
;
%
Co
73
500
14,900
'
900
13%
13%
100
15 Va
15%
5,100
128
*125
128
15%
*125
*32%
33
700
44%
45
7,200
15%
.
*33%
33%
33%
33%
33%
33%
33
'
33%
33
33
10
—
*69%
11%
13%
*13
15%
128
/
13,100
55
107/a
-
10
Co
W)
15
-100
com.
—
*13
7%
7%
*54
44%
44%
443%
45%
445/8
451/3
44 Va
445/8
44%
443/4
V 14%
' 14%
Worthington Pump &
13% Nov 30
75
Dec
94%
25% May 15
Machinery
58% Dec
Apr
81% Feb
Prior
2
83
Dec
100
Feb
x62
Nov
29
53
Dec
80
Feb
58
/ Jan
5
62
Nov
^■8
May
18%
May 17
96% July 28
8
Feb
Wright
July 15
69
9
Mar
pfd
Prior
94
60% Mar 19
70% Mar
4
ll%,JUfl 21
No par
pfd 4%%
14%
143/a
14%
143%
14%
143/a
106
common
4%%
61%
63
61
62
62
62
series
conv
*65%
68%
—_r__„_No par
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co.———r—5
81
68%
*8%
Aeronautical
66%
*78
100
series
9 •
—
,
64%
65%
64%
*78
81
*78
68%
68%
8
3%
68%
14%
5,700
61%
62%
640
65%
65 Va
65%
670
8%
*78
80
78
*67%
67 3/4
67%
67%
8%
8'%
,8%
*8%
8%
*83/4
-
>.
if'i •'
1
rv
..
l,t 'Y.i M V
^
4i -*v
Jan
16%
Feb
23
34% Jan
27
16% May 24
Dec
21
48
Oct
23
28
37
23%
Oct
15% Feb
21
24
.83
Oct
65% Feb
27
89% Oct
16
31%
Feb
14
Nov
9
May
Yale
May 25
22
50% Mar
14% May
53% May
<
2
Dec
10% Feb
45
10% May
37% Dec
Xl9% May 27
&
York
Towne
Corp
4%%
Mfg
Co
233/4
25
_—
50
Young (L A) Spring & Wire.No Par
Youngstown Sheet & Tube
No par
Youngstown Steel Door..
No pai
38
•
233/4
24
■;
24
r-
X22
%
22%
22%
•
•.
900
j.
22%
22%
113/8
113/4,
113/a
115/8
11%
113/a
11%
115/8
11%
373/4
38
37
373/a
37%
37 %
373/a
373/a
37%
37%
19 %
195/8
19%
195/8
*19%
19%
19 Va
19%
*19%
19%
*
i 19%
73%
73%
.72
72 %
72%
723/4
72%
725/a
'1143/8 "
14%
*14
143%
14
14 %
14%
14%
14%
14%
32%
32%
313/4
323/4
31%
31%
32
32
31%
32
33/4
33/4
33/4
33/4
33/4
3%
33/4
4
paid
May
72
,:•
32
9,900
1,500
200
14'/4
31%
.
73 V4
14%
72%
•72
i
3,500
;
11%
38
*
.t'
jv.
'
22 3/a
22
22%
'
.,t c
*19%
.
700
■**,
■
113/4
11%
1
common
preferred
„
•'Lii'V*
,
T'•'<
33% Aug
10
78
67%
67 %
83/4
68%
8%
14 Va
61
65%
80
*78
80
14%
61
66
65 %
65%
14'/a
62
61 %
<
•
7,500
2,300
'
14% May
5%
•Bid
8
25
Jun
Special
July
10%
asked
and
sales,
19% Feb
3% Nov
12
sales
on
prices;
wd When
no
distributed,
x
July 12
Zenith
6% May 19
Zonite
85
11
Jan
tin receivership.
day.
this
Radio
.No par
Corp
Products
IlEx
Corp—
$40
1
-
liquidating
dividend
10.
Stocks,
'
:
Week Ended Dec. 24, 1948
Saturday—
Monday
Tuesday
Total
stocks
Foreign
Bank
Government
Bond
(Number
Bonds
'
...
Bonds
Sales
of
Bonds':
$275,000
——„
2,642,000
302,000
$6,000
1,000,095
2,957,000
225,000
996,480
3,034,000
3,967,100
304,000
972,290
2,274,000
354,000
^
——
259,000
" 1,080,540
——'
5,000
$1315,000
2 950 000
3,187'oOO
4 276,100
2,628 000
—
~
Wednesday
Thursday
**.
$15,914,100
'
$1,719,000
$11,000
Week Ended Dec. 24
;
1948
f
Stocks—No. Of shares
•'
\
5,392,575
Bonds
U. S. Government
$17,651,100
1948
5,724,440
295,192,208
249,101,304
$1,243,000
$3,235,000
360,000
3,950,000
24,368,000
1,719,000
1,345,000
81,888,060
76,353,520
951,227,900
24,745,000
$17,651,100
$26,529,000
$183,000
$10,000
.
910,072,900
-
1947
1948
...
Foreign corporate
*
—
-
177,000
$767,000
Jan. 1 to Dec. 24
1948
1947
1,327,000
$48,094,000
79,261,000
132,000
43,000
8,861,000
1,755,000
7,683,000
636,000
" $1,502,000
' $58,710,000
$87,580,000
.
574,000
Foreign government
160,000
71,179,302
■'■■;•
Domestic
Total
$13,000
91,000
221,000
105,000
73,438,382
1,404,395
1,273,306
Stocks—No. Of shares
Bonds
$79,000
15,914,100
$574,000
..
,
Week Ended Dec. 24
■
11,000
'
Total
1947
$7,000
Foreign
$1,000
4,000
5,000
Jan. 1 to Dec. 24
1947
'
IilternatlonarBank
Railroad & industrial
$7,000
Corporate
$10,000
102,000
11,000
14,000
46,000
279,470
Friday
5,392,575
Government
$13,000
.• 80,000
115,000
89,000
146,000
131,000
1,273,306
Tuesday
3,295 000
5,000
Bonds {Par Value)
Foreign
Foreign
211,820
Monday
$2 000
—' ■'
..
v
Domestic
99,130
236,845
217,441
228,600
Saturday
-
<
5,200
rCash sale.
•
Shares)
Week Ended Dec. 24, 1948
$1,040,000:
983,140
Total
/ 4,300
/
Daily, Weekly and Yearly
-
United States
360,030
Wednesday
Thursday
.Friday
■
3%
changed from National Bond & Share Corp.
cName
Int'l
Railroad
Number of and Miscel.
Shares
Bonds
.
delivery.
3%
Transactions at the New York Curb Exchange
Daily, Weekly awl Yearly
v
Deferred
.
Ex-dividend.
Transaelius al Ike New York Sleek Exchange
•
a
3%
33/4
183,000
10,000
!'
'
Total
$997,153,960 $1,055,184,420
Total-
$767,000
-I
'COMMERCIAL
THE
Number 4763
168
Volume
Bond Record
the
"and
ere
interest"—except for lnoome and
week, and when outside of the regular weekly
italic
The
letters
in the
column headed
range
Cash
and
deferred
shown In a footnote in the week
are
"Interest
WEEKLY
-
bonds.
defaulted
FINANCIAL
indicate
Period"
CHRONICLE
in
each
the
ease
YEARLY
-
delivery
sales
when
it
the
one
No
bonds
account
point.
a
HIGH SALE
LOW AND
GOYKBNMBNT BONDS
Year 1947
Lowest
NEW
Range since Jan. 1
Lowest
Highest
YOBK
Saturday
EXCHANGE
Highest
Monday
Tuesday
Dec. 18
Dec. 20
Dec. 21
STOCK
U<
Lu«
tfttgb
unless they are the only transactions of
the range for the year.
taken of such sales In oomputlng
is
mature;
SZd of
mere
or
disregarded in the week's range,
are
in whleh they occur.
month
Figures after decimal point
Bangs for Previous
29
(2705)
New York Stock Exchange
«»
FRIDAY
NOTICK—Prices
&
Low
Hirh
PRICES
Low
High
Lew
SalM fo«
the Week
Dec. 24
Dec. 23
Dec. 22
High
Friday
Thursday
Wednesday
Low
*102.3
Bends($)
High
102.6
High
104.25 Sep
100.4
Deo
106.6
Feb
Treasury
3VaS
1949-1952
102.7
*102.4
10>.7
*102.4
102.7
*102.3
102.6
108.21
Feb
105.1
Sep
20
105.28 MarlO
Treasury
3s
1951-1955
*104.27
104.30
*104.27
104.L0
*104.28
104.31
*104.28
104.31
*104.28
104.31
*104.28
104.31
111.23
112.6
Feb
107.4
Sep
17
108.28
2%S
2%a
1955-1960
*108.5
108.8
*108.4
108.7
*108.5
108.8
*108.5
108.8
108.9
*108.6
108.9
_—1951-1954
*103.28
103.31
*103.28
103.31
*103.28
103.31
*103.28
103.31
*103.28
103.31
*103.28
103.31
:_1956-1959
Sep
May 17
*102.4
*102.4
102.7
100.18 July
108.10 Deo
106.13 July
Treasury
Treasury
108.10 Deo
Treasury
23/4S
*108.14
108.17
*108.16
108.19'
*108.18
108.21
*108.19
108.22
*108.20
108.23
*108.20
108.23
108.27
*108.24
108.27
*108.24
108.27
*108.24
108.27
*108.25
108.28
*108.25
108.28
1960-1965
*109.7
109.10
*109.8
109.11
*109.9
109.12
*109.10
109.13
*109.12
109.15
*109.12
109.15
Treasury
2%s
;
2%s_.._;
2%s
*108.24
114.8
Treasury
Treasury
1958-1963
114.8
1949-1953
*101.16
101.19
*101.16
101.19
*101.16
101.19
*101.15
101.18
*101.15
101.18
*101.15
101.18
Treasury
2"%s
1950-1952
*102.16
102.19
*102.16
102.19
*102.16
102.19
*102.16
102.19
*102.16
102.19
*102.16
102.19
May
104.12
Feb
May
Feb
104.12
101.18 Dec
2
102.23 Sep
30
102.22 Feb
2
102.23 Sep 30
108.6
Treasury
2%s
;—1952-1954
*102.28
102.30
*102.28
102.30
*102.29
102.31
*102.29
102.31
*102.28
102.30
*102.28
102.30
Treasury
2'%S
—__1956-1958
*103.24
103.26
*103.25
103.27
*103.25
103.27
*103.25
103.27
*103.25
103.27
*103.25
103.27
2%s
1962-1967
*101.22 101.24
*101.22
101.24
*101.24
101.26
*101.25
101.27
*101.25
101.27
*101.25
101.27
2%s
1963-1968
*101.11
101.13
*101.11
101.13
*191.13 101.15
*101.13
101.15
*101.14
101.16
*101.14
*100.31
101.1
*100.31
101.1
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101.1
101.3
104.24 July
104.24 July
101.7
Sep
20
101.11 Jan
7
104.14
Sep
104.23
Feb
101.19 Jun
14
101.19 Jun
14
Treasury
Treasury
101.27
Dec
10418
Apr
100.24 Mar 13
100.25 Jan
7
Treasury
2%s
Jun 1964-1969
101.20
Deo
104.4
,Jan
100.23 Jan
28
100.26 Apr
2
Treasury
2%s
Dec 1964-1969
*100.29
100.31
*100.29
100.31
*100.31
101.1
*100.31
101.1
*100.31
101.1
*100.31
101.1
101.24
Deo
104.10 May
100.23 Sep
17
100.24 Sep
10
Treasury
2%s
1965-1970
*100.27
100.29.
*100.28
100.30
*100.30
101
*100.30
101
*100.30
101
*100.30
101
101.24
Deo
104.16
Apr
100.16 Sep
10
101.12 Jun
1
Treasury
2yas_
1966-1971
*100.22
100.24
*100.23
100.25
*100.25
100.27
*100.25
100.27
*100.26
100.28
*100.26
100.28
101
Dec
103.20
Apr
100.7
13
100.27
2y2s
Jun
105.17
Jun
102.26
100.7
Deo
103.19
Apr
102.26 May 25
100.7 Oct
4
May 21
May 25
Treasury
100.17
Oct
r
101.16
*100.11
100.13
*100.11
100.13
*100.13
100.15
*100.14
100.16
*100.14
100.16
*100.14
100.16
2%s
__Sep 1967-1972
*101.26
101.28
*101.26
101.28
*101.27
101.29
*101.27
101.29
*100.28
100.30
*100.28
100.30
2y2s
Dec 1967-1972
*100.11
100.13:
*100.11
100.13
*100.13
100.15
*100.14
100.16
*100.14
100.16
*100.14
100.16
Treasury
Treasury
2%s
1951-1953
2Y4s
___^1952-1955
Treasury
2y4s
1954-1956
Treasury
Treasury
2y4s
1956-1959
3
2V4s
Jun 1959-1962
11
Treasury
2y4s
Dec 1959-1962
Treasury
100.23 Jun
Jun 1967-1972
Treasury
Treasury
2s
Jun 1949-1951
10
101.7
Deo
105.18 Sep
101.14 Sep
102.13
July 13
102.8
Sep
102.24 May
100
Mar
4
100.4
May
100
Deo
102.24 May
100
Mar
2
100.2
Feb
10
100.21 Oct
102.12
Apr
102.12
101.12
Deo
102.6
102.4
26
100.21 Oct
100.31 Sep
10
101.13 Mar 22
101.14 Apr
16
101.26 May 18
26
July
102.23
101.20
Deo
102.25
103.1
*103.5
103.8
*103.5
103.8
103.5
103.8
*103.5
103.8
102.2
*102.1
102.3
*102.1
102.3
102.1
102.3
*102.1
102.3
*104.17
104.20
*104.20
104.23
*104.20
104.23
*104.20
104.23
104.21
104.24
*104.21
104.24
*102.8
102.10
*102.9
102.11
*102.9
102.11
♦102.9
102.11
102.9
*100
<
100.2
*100
100.2
*100
*100:
100.2
*100
100.2
*100
*100.12
100.14
*100.12
100.14
102.11
*102.9
102.11
100.2
100
100
*100
100.2
*100
100.2
100.2
*100
100.2
*100
100.2
*100
100.2
*100.12
100.14
*100.12
100.14
100.14
•
Sep 1949-1951
.*100.17
100.19
*l(ft).17 100.19
*100.17
100.19
*100.17
100.19
*100.12
100.14
*100.12
2s
Dec 1949-1951
*100.22
100.24
*100.22
100.24
*100.22
100.24
*100.22
100.24
*100.17
100.19
*100.17
*100.26
100.28
*100.26
100.28
*100.26
100.28
*100.26
100.28
*100.22
100.24
*100.22
100.24
2s
Treasury
Dee
103.2
Jan
100.31 Sep
27
103.4
July
100.30 Sep
27
100.20
101.8
Apr
Oct
4
100.7
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101.1
101.3
*100.25
100.27
*100.25
100.27
2s
1951-1953
*101.7
101.9
*101.7
101.9
*101.7
101.9
*101.7
101.9
*101
101.2
*101
101.2
2s
—1951-1955
*101.7
101.9
*101.7
101.9
*101.9
101.11
*101.9
101.11
101.7
101.7
*101.6
101.8
2s
Jun 1952-1954
*101.8
101.10
*101.8
101.10
*101.9
101.11
*101.9
101.11
*101.9
101.11
*101.9
101.11
Treasury 2s
Treasury
2s_—
14
Sep 1950-1952
Treasury
Treasury
Treasury
101.18 July 13
101.19 July 13
100.16 Apr
2,000
100.19
Mar 1950-1952
Apr
101.28 July
Oct
103.7
*102
2s.
Apr
101.22
*103.4
102.2
Treasury
Apr
Apr
103.7
f
*102
Treasury
Treasury 2s
Apr
May
102.20
*103.4
Dec 1952-1954
*101.10
101.12
*101.10
101.12
*101.11
101.13
*101.11
101.13
101.11
101.13
*101.11
101.13
1953-1955
*103.6
103.9
*103.8
103.11
*103.8
103.11
*103.9
103.12
103.9
103.12
*103.7
103.12
l%s~
_1950
*100.7
IOO.9
*100.7
100.9
*100.7
100.9
*100.7
100.9
100.7
100.9
*100.7
100.9
Treasury
International
Bank
5,000
for
Reconstruction & Development
90
Deo
90
Deo
*Bid
102
July
103.4
July
94.14 Jan
asked
and
price.
No
94.10 Jan
sales
15
15
98.30 May 17
99.30 May 17
transacted
this
10-year 2y4s
day.
a
1957
*97.20
98
*97.20
25-year 3s
1972
*97.24
98
97.24
Odd
lot
transaction,
r
Registered
RANGE
Friday
BONDS
New York Stock
Last
Period
Sale Price
or
ENDED
DECEMBER
98.8
98
98.8
98.16
98.4
98.16
January 1
No.
High
Low
BONDS
Interest
-
J-D
68
104/(j 105%
100%
Friday's
Low
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105'/a
or
Bid & Asked
High
5,000"
98.16
6,000
Bonds
Range Since
January 1
Sold
Low
No.
High
—
60
51%
60%
J-D
16
*56
*57
60
52
60
J-D
15
3%s Series No.
107
High
J-D
3%s Series No. 14
1980
*98.4
Week's Range
Last
Sale Price
Period
New York Stock Exchange
City
Corporate Stock—-
98.8
>98
24
Friday
Sold
Bid & Asked
Range Since
Transit Unification Issue—
3%
*98
*98.6
transaction.
WEEK
Bonds
Friday's
Low
New York
*98.6
97.28
98.16
97.28
97.24
Week's Range
Interest
Exchange
FOR
bond
98
*57
60
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60
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3%s Series No, 22
J-D
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3%s Series No. 23
J-D
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3%s Series No. 25
J-D
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50
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3%s Series No.
Foreign Securities
17
3%s Series No.
18
3%s Series No. 26—
,
J-D
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2-2300
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New
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1957
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1951
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62
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1952
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1978
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16
-
—
FOREIGN SECURITIES
funding bonds of 1931 due__1951
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External" $ bonds of 1944
1979
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3%s Series No. 1—
A-O
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37%
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__
62
62
FIRM TRADING MARKETS
—
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62
J-D
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62
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J-D
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J-D
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,
——
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J-D
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J-D
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33/4s Series No.
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—
*58
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J-D
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11
J-D
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For footnotes .see page
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33.
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s
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'J-D
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.
•
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Teletype NY 1
-971
THE .COMMERCIAL' &
FOR WEEK ENDED
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Monday,' December > 27, 1'948
RECORD
BOND
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1962
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3 V28
'
for
footnotes
see
page
33.
92
.1951
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34
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1949
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1970
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-1952
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January 1
<
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f
s
Bands
/
1928
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i
Friday's
Bid & Asked
Low
Colombia
>t
Week's Range
Interest
110%
•;
Volume 168
Number 4763-
THE
COMMERCIAL>& (FINANCIAL1CHRONICLE
(2707)
31
NEW YORK BOND RECORD
RANGE
Friday
BONDS
/interest
New York Stock
Exchange
'
,
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&
•
&
1st
&
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series
B
J-J
21911
mtge 3y8s
1st mtge 3%s
F-A
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& Erie
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-1985
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_1982
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_
3s
&
™„Gen
Chicago
Pacific
1st &
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■
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59%
200
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23
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126
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1955
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102%
1st mtge 2%s__1976
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42
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——
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100
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99
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gold 4s____—___1953
i
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96%
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94
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105
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119 Vi 120
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1949
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106
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108 %
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1977
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107 %
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1982
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___1970
income 5s
104
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100%
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J-J
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15
1965
Crucible Steel 1st
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11
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24
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debentures
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86
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ref
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deb
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mtge
106 y4 106%
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&
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81%
70
95
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conv
&
106% 107
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I" ~~195l
Consolidated Cigar Corp
3V4s____
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3s
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ref 4'/2s
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103
;
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106
59%
•
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extl 4s
ser
103
—
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92
102 %
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104% 104 y4
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1972
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105
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'
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1961
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ref
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1982
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____1956
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101
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72
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mtge
1st
77
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1961
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(stamped modified)
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s
22
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—
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103 % 104
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105
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1959
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94
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89
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75
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228
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gtd 4%s
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Columbus & Toledo
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H
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series B
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4%s
A_!___—.—1974
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106
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94
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103
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88 %
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—1969
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55%
__:1978
"4s
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39%
4
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92%
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49
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____
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67
49
93%
*
4s___1952
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54%
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11963
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1st &
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'
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1966
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St
10
64%
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&
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80
60%
'52%
J-J
Cincinnati Union Terminal—
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55%
107
Cine Gas &
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1st
mortgage 2%s__
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90%
25
165
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120%
79
77%
65
1994
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111,
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55
1_1962
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or
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80
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.___1994
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ref
I
119
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48
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A
84.'
54 %
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_
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99
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21
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93
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112
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112
109%
2
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108
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74
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2
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85
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75»/4 n 75 >/4
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24
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42%
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Southern
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75 >/4
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1983
inc
DECEMBER
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^93
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:■
—
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__
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/
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'
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&
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WEEK
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109% 1097/8
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—
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& ref
ref
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or
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ref
Last
Sale Price
*
\ '
General 4s
1st
* Period
FOR
Week's Range
59%
58
59%
24
*97
43%
48%
11
661/2
76%
20
4
59
M-N
52%
126
661/4
A-O
■
65
71%
50
99
71%
60
'
67%
96%
102
D
Dayton
Pr &
Lt
1st mtge
1st
mortgage 3s
Dayton Union Ry 3 Vis
Deere
&
Co
23/4s
23/4s_
1975
___ZZZ 1978
B
ser
1965
debs__i____ZZZZZ 1965
Delaware & Hudson 4s
extended
1963
Delaware Lack & West
RR Co—"
N Y
Lack
1st
&
&
ref
Western
M
5s
AIncome mtge
Morris
&
Coll
v
Tr
Delaware
ser
1%
&
1%
Light
3s
&
ref
&
ref
3s
conv
3s
M-N
66
66
2042
-1993
fixed
M-N
3
67
67%
101% 101%
A-O
J-J
85%
Apr
65%
J-J
1966
M-S
J-D
_1982
s
64%
791/4
103
97%
1958
J-D
1995
J-D
73%
J-D
71
4l/2s
Det Tol & Ironton RR
2%s ser B_ 1976
Dow Chemical 2.35s
debs___
__1961
tSADul So Shore & Atl
gold 5s_ _-_1937
Duquesne Light Co 23/4s
____1977
stamped
1965
Erie Railroad Co—
Gen mtge inc
4%s
.
A
ser
1st
cons
mtge 3%s
ser
1st
cons
mtge 3%s
Jan 2015
ser
1st
cons
1st
cons
^hin
'"'or
Div
mtge
3%s
mtge 2s
1st
s»e
E
ser
ser
mtge
foown'oc
54%
2
87%
100 Va'
37
65%
44
79i/4
68%
103
80
93
51%
70%
105%
M-N
105
104
M-S
4
107%
G__
33
"Z"
*96y4
86
95%
104%
K
Kansas
1st
1st gtd
City Power
gold 4s__1990
& Light 2%s__1976
mortgage :2%s
i___
City, Southern Ry
mtge 4s ser A
i.
-1978
A-O
J-D
93
.
1st -3s__1950
A-O
_1975
A-O
3%s series B__________1968
Kansas City Terminal Ry 2%s
_1974
93
'68%
1
86
97
471%
S9Va
99%
99 %
96
10
.97
47%
F-A
58%
8
V
•
■
1st mtge
ZZ
100%
99%
100
101% 101%
102%
102
A-O
*98
99%
1961
J-J
*100%
_1961
J-J
*108
4V2s
.*111%
81
76
74%
106%
86
20
96
98%
2
38
49%
•
/
13
•
96%
100%
142
M-S
110
1031/4 103%
-
103 %
unguaranteed
Laclede Gas Light 4V2S conv debs—1963
Lakefront Dock & RR Terminal—
1st
142
2
141
10
102
mtge sf 3%s
68%
stamped
stamped
M-S
52
44
*
100%
112%
112 Va
97
—
98
176
1
99%
103 Va
%
13
%
1%
107%
107%
14
%
68%
65
Deo
1970
A-O
90
M-N
2003
M-N
2003
M-N
2003
M-N
46
A-O
72%
95
2000
J-J
81
86%
*8iy4
85
78
86%
99i/4
96%
100
Vallev
i_;
*
stamped
modified
.
111%
88%
90
89%
90
95
•
412
96
93
90
98%
1
95
100 Va
1
84
96
82%
96
95
60
71%
93%
67
67%
15
67%
66%
68%
9
38
37%
38%
297
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
_1965
Liggett & Myers Tobacco 5s_
^—1953
A-O
A-O
36 Va
36 y8
42
42%
*38
42%
41%
66%
1
46
72%.
39%
26%
38V4
30
14
43
29%
36%
'
32
71%
75
27
59
_
45 Va
40
67
*119%
107% 108 y4
90
81%
22
100% 100%
*92%
98
82%
—
RR—
stamped modified
4s registered
4%s stamped modified
4%s registered
5s
96
95
_2U03
73%
95%
1975
96
a
M-N
64
99
J-D
2003
93
—'
J-D
1997
J-J
81%
_
1997
102
Ltd—
F-A
*81
'
Co
107
J-D
Lehigh Valley Ry Co NY 4y2S ext_1950
*95
.
%
105%
A-O
.
M-S
156%
J-J
/ v
114 y2
169
F-A
4s
*98
100 y4
97
__
100% 100%
F-A
Lehigh'
*95 '/2
52
__
*97%
ZZ
F-A
105%
M-S
A-O
99%
97
A-O
—1954
106%
M-S
J-J
103
104%
108
__
52
—1964
100
.1953
J-J
1968
5s
101%
.1971
*108
stamped
:
_•
,—1974
Lehigh Vai Harbor Term gtd 5s„_ 1954
112%
2
102
Nitrate
A 1st mtge income
reg
.'
Lehigh Coal & Navigation Co—
S F mtge 3%s ser A
Lehigh Valley Coal Co— -.
5
67%
A—
Sh & Mich Sou gold 3V2s
3y2s registered Z._____^—:
Lautaro
1031/2 104
103
ser
Lake
103
A-O
:1961
Kings County El L & P 6s
—1997
Koppers Co 1st- mtge 3s__1964
tAKreuger & Toll 5s ctfs
—1959
5s
'
-
__
J-J
———
__j
96%
97%
J-J
Kentucky
Stamped
101%
102%
gold 4s^__
-—1987
& Indiana Term 4y2s—_1961
Centrarl
98
97%
*991/2
J-D
1st
5s
M-N
93
*99
J-D
105 %
1
•
-
71
104%
83
98%
98%
196
73%
72%
95%
104 %
1
105%
76%
98
110%
100%
97%
J-J
J-J
82%
11
1031/2,;
J-J
A-O
66%
1964
3%»___^
68
1990
H__
ofifp
■
10
■
Ga Div
1st 5s____- 1956
(NY) 1st cons gold 5s__
1995
Elgin Joliet & Eastern
Ry 3%s
_Z 1970
El Paso &
Southwestern 1st 5s
1965
Ed El 111
5s
88%
54
76%
^
M-S
97
14
109% 109%
103%
M-S
"1995
~Zl961
-
J-D
Kentucky
1970
G__
I
debentures_____
&
Jersey
102
89
J-D
1993
__
Detroit & Mack 1st lien
gold 4s
ASecond gold 4s_____
Detroit Term & Tunnel
East Tenn Va
99%
1
H
series
Jamestown Ffankl & Clear 1st 4s__.1959'
Central Pow & Lt 2%s____1976
103%
Plain
int)____
series
99%
103 %
80%
—
(3%
2%s
13
(4Vi%
Detroit Edison 3%s series
Gen
5
96%
87
2018
Salt Lake
mtge
101
*82
1973
'
A
ser
contingent
Gen
95%
95%
Kansas
contingent int)
Income
101
M-N
1993
ZZZ!
.
contingent int)
Denver
A-O
M-N
mtge & coll tr 3VaS_
.1977
Denver & Rio Grande
West RR—■
1st mtge ser A
(3% fixed
AIncome mtge
23
103%
1973
May 1
&
98%
103 %
division
1st
98
J-D
Kanawha & Mich
C___
4-6s
Power
98%
J-J
div
due
Essex
A-O
47
78
120
121 V»
107%
111%
"
12
Monday, December 27, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2708)
NEW YORK BOND RECORD
WEEK ENDED DECEMBER 24
FOR
RANGE
Friday
Week's Range
Friday
Last
Interest
BONDS
New York Stock Exchange
•
Bid & Asked
Sale Price
Period
Low
Little Miami
gen 4s series A
A Lombard Electric 7s series A
Long Island unified 4s
1962
1952
M-a
1951
3s debentures
1st 6c ref mtge 3s
6c Nashville RR—
1st 6c ref M 3%s aeries F
1st & ref M 2%s series G
1928
101A
102 Va
100
102
32
3
107 Va
110%
17
100%
102%
105%
Ref
108%
*106 %
A-O
—
Ref
Ref
Coll
1st
&
ref
M
3%s
-2003
St Louis
Dlv 2d gold 3s
Knox 6c Cine Dlv 4s
Atl
87
79%
79%
76%
-A-0
9714
97 %
95
101%
•
96%
92%
95
MS
*93
1955
MS
106 % 106 V*
.1972
M-N
.1960
2047 1
J-J
18047
J-J
1975
Corp 1st mtge 3s
1960
Metropolitan Edison 1st mtge 2%s_1974
Metropolitan Wat Sewerage & Drain
(see Foreign bonds)
Michigan Bell Telephone Co—
3 Vis
debentures
67
*__
M-N
85%
M-N
70
70
94%
98%
9614
;~5
10214
102
102
98
83% ; 91%
2
78"%
'
21
98
102 Va
.99%
3
97
10
101
99%
1974
Ref 6c
102
1st
1951
Cons Gas
mtge
C
US
*100%
1952
impt 414s series
Michigan
M-N
*101%
F-A
MS
1969
MS
1969
MS
_1940
A-O
27As
1st mtge 3%s
A Midland of N
J 1st ext 5s
Minnesota Mining & Mfg 2%s
1967
Minn St Paul & Sault Ste Marie—
1st mtge 414s inc ser
A—Jan 1971
A Gen
mtge 4s inc ser A
Jan 1991
Mo Kansas & Texas 1st 4s
_1990
Missouri-Kansas-Texas
Prior
lien
40-year
Prior
ACum
1st 6c
A 1st
RR
55%
56
56
.
101% 101%
101%
*83
1979
51%
,
51
11
98%
83
17
74%
36
71%
80%
67%
82%
68%
12
68
69
69
71%
23
61%
47
80
61
7
4 72%
A-O
76%
74
7614
1965
F-A
80
79%
80 %
87
71%
90
MS
43%
42
43%
318
30%
51%
230
71%
90%
72
90%
18%
31 Va
series
F
1977
M-S
8014
79%
80 %
series G
1978
M-N
80%
7914
80%
44
1949
M-N
27%
26
27 Va
434
1980
A-O
80
7914
80
108
71%
F-A
8014
79%
80 Va
215
71%
61%
61%
1
61%
68%
US
1968
F-A
*103
3s
•100%
99 Va
1958
J-D
56%
56%
58
57
54%
1955
M-N
80
79%
80
11
68%
83%
Constr M 414s series B__
—1955
Mountain States Tel & Tel 2%s
1986
3148 debentures
:
1978
M-N
74%
74
75
35
64%
75
Morris 6c Essex 1st gtd 314 s
Constr M 5s series A
M-N
88 Va
National
104 Va
3Vas
&
1st
3s
98%
103
A-O
104 % 104%
1967
J-D
M-N
1952
J-D
1961
*
J-D
Ref & Imp 4%s series A__
New Orleans Term 1st gtd 4s
%
116% 116%
99
5
115 Va
99
102 V* 102 V*
J-J
*98%
J-J
104% 104%
1
1953
J-J
103% 103%
3,
-
:
A
5s
A
5s
414s
A
of
101
102% 107%
100% 404 *■'
514
of
Certificates
New York
Cons
93
80%
*90
91
80
87
F-A
1956
93%
87
10
90%
78%
92%
deposit
A
of
<
94%
92%
84%
deposit
D
series
s
1950
F-A
»
—
of
series
A-O
deposit
C
Certificates
A 1st
1954
B
series
Certificates
A 1st
A
series
Certificates
A 1st
7-b
deposit—.
92%
93%
93%
25
—
85
97%
84%
1954
96%
Central RR Co—
1998
F-A
60%
59
60%
*400
59
70'A
2013
A-O
66
65
66
197
65
Ref & impt 5s series C
2013
N Y Central & Hudson River RR—
General mtge 314 s
1997
314 s registered
1997
A-O
71%
71
72
123
71
'
series
impt
A
4%s
series
A
Lake
Shore
coll
gold
314s
81%
81%
*75 %
J-J
1998
1998
Mich Cent coll gold 314 s
1998
F-A
1998
F-A
314s
registered
,
60
60
1
63
-
79%
88%
95
93%
95
16
93'A
98%
99 Va
98%
99 Va
16
98'A
104%
102% 102%
4
101%
106'A
99'A
26
MS
102%
M-S
99'A
M-a
J-D
A-O
90
90
A-O
86%
86%
56%
M-N
103% 104
J-D
102% 102%
1
102'A
103'A
98%
15
9 7'/a
101'A
97 'A
100'A
98'/a
A-O
100
F-A
113% 113%
J-D
102%
102% 103
70
99%
107%
.1968
J-D
105%
105'A 106'A
45
104'A
111%
94
103%
103'A
.1952
97'A
100'A
84%
19
78%
89%
104% 106%
225
103%
106%
.1963
J-D
.1960
A-O
1990
M-S
ref 2%s
ref 2%s
ref
ref 2%s
2%s__
4s
98%
Pittsburgh Steel 1st mtge 4%s
Pittsburgh 6c West Virginia Ry—
1st mtge 4%s series
1st mtge
A
4%s series B
1st mtge 4'As series C
.
Pitts Youngstown 6c Ashtabula
J-J
series B
series C
4'As series D
68
Pittston Co 5'As
Potomac
Elec
inc debs
1964
1st mtge 3%s__1966
Pwr
1977
1983
mortgage 3'As
1st mortgage 3s
97 Vn
91
1951
F-A
967/a
101
N Y & Harlem gold 3%s
Mtge 4s series A
Mtge 4s series B
N Y Lack & West 4s series A
4%s series B
2000
M-N
2043
J-J
*—
97
98
100
2043
J-J
*99% 114
97
M-N
1973
M-N
2007
J-J
65%
64%
66%
May
46
44%
46 Va
Terminal
1956
1968
4s
1
97%
100%
15
98'/a
102
99%
9
97
100
98%
98%
7
96%
99%
98%
101%
99'/a '
12%
99
*96
97
3-D
*106
108
m-n
*105%
102
99
99
3-D
13%
8'A
13'A
*11'A
14
9'/a
25
__
—
94%
..
,
99
106
106
"102
'
106%
f-a
*103'A
f-a
*113%
110%
113%
m-n
*113'A
109
111
j-d
*104
105
103
110 Va
105
103
110%
a-o
*104
a-o
*__
88'A
m-n
*99
,99%
j-j
100% 100%
4
100 Va
103%
a-o
101
101
5
100
103'A
j-d
92
92
25
79%
a-o
92%
92%
1
81%
A-O
91'A
92%
11
79 Va
93
107%
117
103'A
99
*107% 111
f-a
.
89'A
84%
93
93
j-d
j-d
99%
100
100
j-j
105% 105%
*-_
101'A
105
101'A
109
j-j
90
100
*98
m-a
106'A
101%
j-j
f-a
*106
m-n
90
105%
*103% 104
108'A
101%
107%'
j-j
105'A
100
1973
Providence
108'A
F-A
1965
1958
1958
1959
1960
Ry—
:—1962
1974
1977
110
104%
12%
—
Pittsburgh Consolidation Coal—
3%s debentures
:
105
14
*100'A 101%
F-A
Ry—
118
31
105'A
105
99%
j-d
F———r,——,1953
112V4
113%
,
103%
93
10
95
99'/a
m-n"
m-n
series G—..--1957
106
100'A 100%
3-D
1937
25%
13%
103
—
107% 108%
105
j-j
1971
1967
1974
1981
1978
ref 2%s
45
*112
68
58%
7
13%
93%
j-j
1977
1961
59%
13%
*104'A
f-a
1974
83%
58%
13%
F-A
Co-
series B
106%
Apr
.1974
.1980
Marquette Ry 3%s ser D
&
84%
J-J
Apr
6c Wash RR
100
A-O
i
.1985
Income 4s
64
91
117
112
9
26
59 3A
82%
5
100
A-O
.
100 Va
1st gen
8lVa
58
106 Va
.1965
B
1st gen 5s
1st gen 5s
2
102%
series E
mtge 4%s
65%
13
35%
5
94
69%
1975
328
58,
23
82%
N Y Connecting RR 2%s ser B
N Y Dock 1st gold 4s
102'A
97%
60
91
53
104 »A
100 3i
*100%
A-O
99'A
97%
104
*104'A
97%
57 V*
99
98%
J-J
.1960
1st
*93%
96%
A-O
A-O
gtd 4s series H
1960
Cons gtd 4'As series I
1963
Cons gtd 4%s series J_—!
1964
Pgh Cine Chic & St Louis RR—
Gen mtge 5s series A
1970
Gen mtge 5s series B
1975
Gen mtge 3%s series E
1975
Pittsb Coke & Chem 1st mtge 3%s_1964
Chicago & St Louis—
Ref mtge 3%s ser E
—1980
1st mtge 3s ser F————a—1986
103'A
96%
61
5
*__
101 'A
96%
76
80
*—
F-A
New York
16
60%
61"
60'/a
F-A
registered
3%s
81%
25
J-D
.1985
.1965
Qqnsgtd 4s geries
„
J-J
99 Va
103% 103%
97'A
*Conl gt'd
V-
84
6c
95%
90
Phillips Petroleum 2%s debs
1964
Pittsburg Bessemer & L Eric 2%s__1990
76
4s
Ref
15
38
t§APhilippine Ry 1st s f 4s
A Certificates
of deposit
102%
81
81
99
92'A
Cons
90%
89
90 V*
99
98
97
1st 6c
fNew Orleans Texas & Mexico Ry—
A 1st
93'A
91%
1975
Pgh Cine Chic &c St Louis
1952
.
10
-•
99%
27
—
98
96%
J-J
1st 6c
98
MS
103
96%
A-O
1st 6c
'
I
103
98%
.1981
1st
103%
101%
*102% 103 Va
98
2
92%
4'As series D
1st &
102
99
10
28
.1984
A
•'
105%
118%
101 Va
1
2
103%
101
101%
100% 101
100% 100%
103%
Philadelphia Electric Co—
99
104 Va
98%
J-D
Philadelphia Co coll tr 4%s
101
104
98%
96 %
.1978
5s
96%
98%
13
J-D
gold 4'As series C
100 Va
'
.1983
General
105
101 '/a
'
1
101'A 101%
.1987
General
103%
.
F-A
New Jersey Power & Light 3s
1074
New Orleans Great Nor 5s A
1983
New Orleans & Northeastern RR—
97 Va
.1986
91%
102%
—
101 Va 102
102 %
J-J
1986
102
17
*97% 101%
A-O
1988
New Jersey Bell
Telephone 3%s
N J Junction RR gtd 1st 4s
103
*100
M-N
1982
-
108%
98'/a
101% 101%
.1980
100%
97
45
5
3-D
1965
gtd 414s series B
debentures
106
*106
101%
.1982
ser
series
5s
Phila Bait
98%
3-D
84%
89%
♦84
F-A
1954
Supply
Naugautuck RR 1st gold 4s
New England Tel 6c Tel 5s A
105
25
Pere
1970
1st mtge 3s
2%s debs„
103 Va
J-D
.
St Louis—
debentures
93'A
6
3-D
Peoples Gas Light 6c Coke Co—
3s conv debentures
Peoria 6c Eastern 4s ext
93%
100 Va
4
91
91
*99%
A-O
1st mtge 3s ser B
1980
National Dairy Products 2%s debs_1970
3s
1
102
Conv deb 3'As
Gen mtge 3VaS series F
v
N
National Steel Corp
94%
3-D
Peoria 6c Pekin Union Ry 5%s—
Nashville Chattanooga 6c
94%
104% 104%
J-D
debentures
f
s
Gen
60%
debs
Tel
General
102%
2000
3s
series P
debentures
General
104
101%
M-N
Co
94%
93%
.1981
Pennsylvania RR—
Cons sinking fund 4%8
General 4%s series A
'
1991
19
10
26
98%
J-D
1st mtge 3s___
90%
&
—
6
J-D
1960
Pennsylvania Glass Sand 3%s
Pennsylvania Power 6c Light Co—
90 Va
—1981
(John)
103 %
10
F-A'
Pennsylvania-Central Airlines—
A 3'As conv income debentures- 1960
Pennsylvania Co—
1952
Gtd 4s series E trust ctfs
69%
.
Jan 1967
Moh'k & Malone 1st
gtd gold 4s
Monongahela Ry 314s series B
98
12%
A-O
1st s f gold 4%s— .1955
Paterson & Passaic G 6c E cons 5s .1949
Co—
series I—
99
95%
94%
.1979
3%s debentures
3Vas debentures
84%
80%
J-J
J-J
33
gold 5s series H
*
.A-O
Paducan 6c 111
5s
ref
95 Va
99%
.1977
0/OO
V "3 Vas debentures
79
5s
ref 5s
99
17
12%
.1974
„
R
Tel 2%s debs
ref M
&
2%s
57%
ref
6c
95'A
98'A
—
99'A
.1971
series N
ref 2%s
Pacific
93 Va
49%
68%
84
1st
101%
1978
A
104 %
J-J
.1970
1st & ref 27As series Q_
101%
1962
ser
100 %
99'A
M-S
.1966
I
L—
3s series
ref 3s
1st &
66
17
51%
1st 6c
100%
101 %
5014
74
J-J
100
91'A
101%
M-N
1st 6c ret 3s series M
106%
96
72%
J-J
J-D
1st & ref
87%
103%
11
*104% 105
*__
10014
J-J
1962
D
.
gold 514 s
A 1st &
Morrell
82%
'
80
3
ref
&
1st
4s
—
1975
Pacific
AConv
A
A
B
series
6c ref 5s series A—
A General
A
series
series
414s
92
10
98'A
A-O
ref 3s series K
1st 6c
RR—
adjust 5s series A
^Missouri
A 1st
5s
4s
lien
14
93
98
94%
45
93 %
101'A
*101'A
.
65%
»•
Telephone—
Bell
1st 6c ref 3%s series
102
100% 100%
99
102%
105
105
105
A-O
86'A
*97%
J-J
—1*77
1st & ref 3s series J
—
.'82%
J-J
-1979
1st mtge 314s_1969
23
84%
101
A-O
1078
G8
60
91'A
91%
1976
—
Oregon-Washington RR 3s ser A—1960
Michigan Central—
Jack Lans &
Sag 314s
1st gold 314s
103
60
21
93
93
101%
Pacific Gas 6c Electric Co—
102
A-O
1988
9 6'A
73
61 %
101.
96%
J-J
J-D
107%
62'A
84%
85
US
tOgdensburg 6c Lake Champlaln Ry—
;
§ Alst guaranteed 4s
1948
Ohio Edison 1st mtge 3s
1974
1st mtge 2%s
1975 '
Oklahoma Gas & Electric 2%s——1975.
75%
94%
95 V*
85%
85'/a
101%
97%
10
7014
J-D
Mead
99
100
62'A
J-J
debentures
3%s
—
69
M-N
High
Low
O
.*14)0%
J-D
1st. mtge & con 4s ser B__.
.1954
Manatl Sugar 4s sink fund—Feb 11957
Manila RR (Southern.
Lines) 4s—1959
May Dept Stores 2%s debs
:1972
'
61
States Power "Co—
Northwestern
111
106
2047
M
Macy (R H) & Co 2%s debs.
Maine Central RR 414s ser A„
January 1
61%
<*A
1st mtge 2%s—
1st mtge 2%s
1st intge 3s
(Wise) 1st mtge 2%s
97
.1980
,
61%
Q-F
2047
(Minn)
89%
97
A-O
2008
H_
ser
8914
89%
Range Since
No.
High
101'A
100
Q-J
•
lJan 12047
registered
—
& impt 4%s series A
& impt 5s seriea C—
& impt 5s series JI—
trust 4%s
Northern
Louisville
1997
101 Va
Q-J
1997
'
lien 3s
General
3s
4s_
SJiVU
registered
4s
99%
MS
2003
34
1
lien
Prior
102% 18214
A-O
US
i
Sold
Bid & Asked
Low
.
Bonds
Friday's
or
Pacific Railway—
Northern
107% 107%
F-A
1966
Sale Price
Period
1'
Week's Range
Last
High
107
18
•
.
100 A
100A 101
100^ 100 &
*1007,5 —
M-a
-1963
As Elec 3%s
Low
—
.
,
January 1
107
25
25
m-s
1949
1949
*10414
J-D
1949
Guaranteed ref gold 4s
4s stamped
Lorillard (P) Co deb 5s
Louisville Gas
M-N
Sold
No.
High
Interest
.-BONDS
New York Stock Exchange
Range Sine*
Bonds
Friday's
or
N Y New Haven
1st
<fe
Hartford
mtge 4s ser A
mtge conv inc 4%s
River
&
Port
ser
A.2022
5
70%
M-N
1954
M-S
1st 6c ref
69'A
286
60%
75%
31
&
N Y State Elec & Gas 2%s
5
9
9%
304
4%
77
99
*
J-J
99
15
62
A-O
1963
62
3
94 %
97
98%
7%
3
gold
1st 3%s„_
—
414s
gold
§ATerminal
1st
—
5s
gold
J-J
Jfe
ref
414
s
145
*210
210
216 V*
1964
J-J
215
99'A
86
98%
99'A
86 Va
100'A
60'A
97
;
R
13%
7%
95 Va
99
69
Reading Co 1st & ref 3VaS ser
105
?106
5s
J-J
series A
For footnotes see page 33.
1974
42%
42
42%
30
32
Copper & Brass 3y»s_Rochester Gas 6c Elec Corp—
97
Gen
107%
52%
F-A
*
38
30.
40
F-A
*19
20%
12%
29"
M-N
*73
*95%
J-J
.
.F-A
♦102
J-J
.
M-S
80
73%
97
93%
104
101%
100% 101%
*107%
26
Gen
86%
87%
127% 127%
*110
115
mtge 4'As series d
mtge 3%s series h
series i
Gen
series j
t A Rut-Canadian 4s stamped
tSARutland RR 4'As stamped—
mtge 3'As
mtge 3'As
83 V»
107'A
*107%
m-s
*106%
.1969
m-S
j-j
j-j
108 Va
107%
m-s
m-s
.1941
102%
107%
104
106
123%
1977
.1967
.1967
.1949
93'A
101
m-n
105
105
105
8%
8%
10
10
1
5
714
13
10
7'A
15%
98%
101%
Saguenay Power
106%
109%
St Lawr & Adir
127
m-n
78%
99 Va
49
1960
105
2d
86%
d_ .1995
Revere
Gen
1937
1937
.1940
.——1943
N Y Telephone 2%s ser D
1982
Ref mtge 3%s ser E
1978
Ref mtge 3s series F
1981
Niagara Falls Power 3%s
.1966
Norfolk Southern Ry Co—
A Gen mtge 5s conv inc
2014
Norfolk 6c Western Ry 1st gold 4s_1996
Northern Central gen 8c ref 5s
1974
0#»n
*143% 148
J-D
103
$N Y Susquehanna 6c Western RR—
5 A 2d
J-J
142"
2037
2037
8s
Quaker Oats 2%s deb.
'
§ A General
mtge
52%
4%
M-S
1977
M Y Steam Corp
refunding 5s
1972
:
mtge 5s
ref
85
457
1st
77
76%
12
80
102% 102%
9%
J-D
;1955
4s
N Y Power & Light 1st mtge 2%s—1975
N Y 8c Putnam 1st cdns gtd 4s
1993
{A 1st
ref mtge 3s
1st 6c
__
Chester—
4s
JAN Y Ont & West ref ,4s—June 1992
AGeneral
69%
*76
100 Va
3%s
RR—
ref
A Gen
Harlem
1st
&
100
*101
Public Service Elec 8c Gas
92%
129
109%
116.
105
108
St L
3s sesies A_
1st gold 5s
gold 6s
Rocky Mt & P 5s stamped
1971
m-s
98
98
96
1996
1996
j-j
*70
75
70
a-o
*86
1955
j-j
*98
109
98
St Louis-San Francisco Ry Co—
1
1st;mtge 4s series A-:
^1997
A 2nd mtge inc 4 'As ser A—Jan 2022
75 Va
82'A
84%
330
80
59
61
312
51 Hi
-
100%
79 '/a
86
100
89%
,65%
•
t
Volume
168
Number 4763
THE
COMMERCIAL
&
FINANCIAL
(2709( ' 33
CHRONICLE
NEW YORK BOND RECORD
RANGE
Friday
•"/
■'
Interest
BONDS
Exchange
•
tor
Sale Pride
Louis-Southwestern
1st
4s
bond
Dept 3VaS B
Scioto V & N E 1st gtd 4s
Seaboard Air Line RR Co—
100
J-J
.1971
.1979
F-A
J-J
Indiana Ry 2%s
Southern
Pacific
1st
4%s
4%s
Gold
.1994
4%s
1st
87
23'A
12
1
.1969
94%
—
98%
M-N
74%
98%
93%
96%
.
_
..
mtge 2%s series E
74%
101%
101
94
1986
J-J
J-J
.1994
J-J
87%
95%
80
76%
5
90
110 % 110%
13
110
108
Memphis Div 1st gold 5s
_1996
J-J
St Louis Div
.1951
J-J
1st
gold 4s
debentures
-1983
A Spokane
Internat 1st gold 4%s -2013
Standard Oil of Calif 2%s debs_ ..1966
Standard Oil (N J) deb 2%s
-1971
Sun ray Oil
Corp 2%s debs
-1966
2%s
debs
—
21
14
Apr
51%
Af-N
5%s
51%
2
46%
94%
19
7
Texas
&
New
Orleans
'
.
98 3^4
96%
1950
J-D
107
107
Shore
RR
5
96%
1st
22
103%
106
Funding
&
92%
100%
1
88%
98%
7
118%
127%
•
.1970
Term
RR of
New
J-D
.1985
Pacific-Missouri
A-O
.2000
Texas
A-O
.1990
J-J
*96
'
90%
.
90%
'
118 3 A 119%
—''
99%
98%
99%
Orleans
3%s
Third Ave Ry 1st ref 4s
AAdj income 5s
-1974
J-D
-I960
Ja
1
94%
48.
Pacific—
*100%
99
—
102%
70
67'
71
120
66%
85
44%
41%
46
508
37%
64%
J-D
—
M-S
-1961
*100%
—
M-S
—
*100
;
V7'.
97%
100 7/«
100*.
tWisconsin
§Alst
3s
Electric
Co
of Mo
3%s
1971
debentures
Union
Oil
•2%s
of
1968
.
Calif
deb
3s
Pacific
2%s
1970
2%s
mtge
6
98
105%
7
101% 101%
103 %
series
1
100
100%
Jan 2014
May
1950
1951
99%
99%
10
96%
99% 100%
13
96%
Af-S
90%
16
87%
A
91%
97
101%
53
98
103%
101% 101%
27
95
102
101% 101'A
30
88 %
84%
28
80%
94%
29
99%
101%
96%
99%
100
99
100
M-N
1960
41%s
estate
J-J
•
101%
M-S
83%-
83%
1951
2V8s
1st
B
Central
100% 101 %
M-S
*97
98%
99% 100'A
2
J-J
1949
Af-N
10142
1992
J-D
*94%
1970
M-S
1960
1949
*111%
J-J
J-J
of
103%
113%
76
43
30
J-D
J-J
*104%
& Power 2%s
1976
J-J
*92%
;
'
93
*94% '95"
43 'A
96%
105
103
__
45%
19'A
190
45%!
1971
Service
75%
70
Af-N
1936
77%
64
37
73% -76
45 %;
J-J
deposit
1976
Public
101%
,
Ry—
4s__.
100 %
111'A
3
„y
100 Va
94
9644
94 %
93 Va
"l
103 y8103 y2
-■
A-O
_1958
4s
103%
94 %
95%
*95
J-J
_1967
102%
10142
—
95%
102
99
31
10142
1973
debentures
S
J-J
IP'7!
Mfg
&
67 Va
142
99% 100%
100%
3.%s
101
Elec Lt
Deferred
Included
not
1033/4
F-A
.-
-
A-O
Wisconsin
101%
101
__
J-D
-
C
109%
96
___1991
-
1952
1st mtge 4s
69%
100
1976
RR—
debentures
Ref
*
57%
101%
95
107%
98
J-J
21
101
100%
100
107
M-N
•
1967
debentures
Union
A-O
60
ACertificates of deposit
Wisconsin Electric Power 2%s
a
M-N
1975
mtge & coll trust 2%s
58%
—
general
Yonkers
1st
60
J-J
Telegraph Co—
ACertificates
U
Union
Af-S
§ ASu & Du div & term 1st 4s
A-O
_1949
59
Wheeling Steel 3%s series C
1st mtge 3%s series D
Wilson & Co 1st mortgage 3s
102
J-J
1960
-I960
68
5s
Winston-Salem
109
60%
debentures
conv
107%
59%
5s
2%s
109
106 y2
*108%
101
106
105%
i?
60%
real
gold
107
55'A
98
M-S
Gen & ref M 2%s series A
'
107%
47%
2361
—2361
—
Union
106
guaranteed
4s
Western Pacific 4y2s inc A
101
99%
97%
1966
Wheeling & Lake Erie RR 4s
98%
85
3y2s series I
Power
Maryland
Western
116%
85
100
103
106
106
1967
Ltg 5s stpd gtd
3%s
mtge
Penn
100%
104% 105%
-
105 %
94%
14
106'/a
2.65s
M-N
6
91
106
Western
Terminal RR Assn of St Louis—
A-O
97%
90%
J-D
Registered
98%
114%
97%
Af-N
100
•
J-J
90 y2
80 %
*98
West
100
100%
*100%
75
40
M-N
102%
92%
6
98 %
98%
Apr
*51
57%
95%
74
75%
Apr
F-A
Gen
105%
100%
97%
102
83%
4
75
97%
80'A
Apr
!
A-O
West
'
102
;
•F-A
Westinghouse El
.1965
100 ya
92 y8
101%
(subordinated)——1970
Westchester
973/4
—-i. "
debs
25-year
.1985
101%
Baking Co—
30-year
.2019
95'/a
*102
RR 1st ref gtd gold 3%s~2000
Washington Terminal 2%s ser A—1970
104%
93%
' ^ '
RR Co—
Warren
109
102%
19738
-_
Ward
113%
97
J-J
109
93%
98 %
95%
95 Vi
A-O
--1973
1st mtge 3'As series-B
——1971
Walker (Hiram) G & W 2%s debs_1966
Walworth Co conv debentures 3y4S_lS76
98
103%
93%
M-N
100
99 y2
103
96%
Af-N
—1995
Gen mtge 4s inc series A——Jan 1981'
Gen mtge inc 4yiS series B—.Jan 1991
110
108
J-J
-1973
103
112%
w
Wabash
94%
91%
*101% 102%
■
—
F-A
94 y8
io6ya
*99% 101
A-O
soya
6
*103
J-J
1958
5s
cons
105%
46
98'%
107% 108
Af-S
-2003
1st gtd 5s
& Southwest
1st lien & ref M 3yis ser C
84%
1
v
103
P
105 y8
105%
101%
Vb
98
120
5
95
t
■
105
—
*101%
ref mtge 3s series
conv
Virginian Ry 3s series B
89%
105
__
103
95
M-N
-1972
,
63
108 %
103
—
95
.
debentures
97%
106%
-
*106%
*
■
A-O
3 Ves
96%
*105%
Af-N
A-O
102
34
106
Southwestern Bell Tel 2%s debs_ -1985
799%
V;: 2
'52
96%
97'A
97
99
843/4
'
21
78
108
series A
95
93%
84%
93%
110%
r76»/a
105
F-A
4s series A—1955
__1957
g
104
83
106 %
Co
92%
77%
A-O
6%s series A
&
74%
93%
80%
17
78%
90%
94%
76%
High
100%
96
5
99 %
—
A-O
6s
gen
2%s
95%
—
A-O
gen
&
-1956
83
99%
*93%
Af-S
96%
24
:(
A-O
Af-S
Af-S
Va
102%
15
90%
1956
&
Devel
Swift
98%
91%
52
.
94%
99%
J-J
1961
96
9
t
90
-1956
Devel
*
75
Low
20
93%
1975
-1978
3VbS
124
7
..
,
102%
93%
—
J-D
1996
2%s series P
1st mtge 2'As series G__.
Southern Ry 1st cons gold 5s
Devel & gen 4s series A
,
91%
2
"
93 %
Af-N
f 4s series B
s
1st &
101%
122
96%
January 1
100 y2100 y2
debentures
_1963
Va Iron Coal & Coke 1st gold 5s-.. 1949
56 %
97 y*
77
Cons
Virginia Electric & Power Co—
1st & ref mtge 2%s series E
96%
92 >/2
.23
—
92%
__
M-N
.1981
94
—
M-S
1st mtg 3%s ser A. .1975
Pacific RR- Co—
1st mtge
96
93%
J-J
.1977
A
San Fr Term
Southern
97
95%
Vandalia RR cons
74%
92%
Co—
(Oregon Lines)
Gold
102%
6iy2
10
1st
J-J
.1987
98%
128
—
Range Since
Sold
No.
,
High
127%
18
94%
94 %
Bonds
Friday's
102%
23
A-O
.1985
100
100'A 100'A
J-D
.1963
debentures
Southern
Biscuit 2%s debs
——
103
68%
96
J-J
.1976
debentures
89'/a
94
F-A
or
Bid & Asked
A-O
—1966
U S Rubber 2%s debs
1976
2%s debentures
—1967
Universal Pictures 3%s debs___—1959
93
127
'67%
.y
,
Sale Price
Low
109
80%
ZZ
99% 100'A
68 %
A-O
2%s debentures
2%s
98%
66
f
Last
Period
High
1
'127
J-D
.1965
.
South & Nor Ala RR gtd 5s
Southern Bell Tel & Tel Co—
3s
'101 y4
J-J
.1966
..
Skelly Oil 2%s debs_
Socony-Vacuum Oil *2%s
j.
Low
1
100% 101%1
A-O
tr 7s_. .1941
tSASilesian-Amer Corp coll
,
New York Stock Exchange
January 1
No.
85
M-N
-
(Jos E) & Sons 2V2S
Union Oil 2%s debs
:
85
Week's Range
Interest
BONDS
Range Since
J-D
.1989
Seagram
85
J-J
1st mtge 4s series A__
.1996
A Gen
mtge 4%s series A—__Jan 2016
Shell
High
104 V4 104 %
J-J
2+
'
United
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
1971
'
Bon^s
Sold ^
Ry—
certificates
2d
'
DECEMBER
Friday
Friday's
Bid & Asked
Low
St
ENDED
Week's Range
-Last
Period
New York Stock
'
,
WEEK
FOR
in
included
delivery
sale
year's
range,
the
in
the
§Negotiability
impaired
Bankruptcy Act,
94
ABonds
selling
by
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, r Cash sale
y
Ex-coupon.
maturity.'
being in bankruptcy, receivership, or reorganized
assumed by such companies.
as
94
under Section 77 of
securities
or
♦Friday's bid and
102%
n
year's range,
^Companies reported
the
not
92%
94
asked
prices;
no
sales being transacted during current week.
flat.
v."
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
In
footnote
a
and
the
in
deferred
week
in
AND
YEARLY
RECORD
delivery sales are disregarded in the week's range unless they are the
only transactions of the week, and when selling outside the regular weekly range are shown
they occur. No account is taken of such sales in computing the range for the
which
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,
18, and ending the current Friday, Dec. 24.
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.
'
• .
>
•
Dec.
Quotations for Friday December 24
Friday
STOCKS—
New York Curb
Week's
Sale Price
Motors
warrants.
Aluminum
Acme
Acme
Wire
Adam
Hat
Co
Low
1 Va
Alloys
1
1
common
for Week
of Prices
Par
ACF-Brill
Sales
Range
Last
Exchange
Friday
STOCKS—
Shares
High
Low
l'/a
2%
3
3,100
4 Va
1,000
4
x/s
Dec
7%
2
1,500
1%
Nov
3Va Mar
600
1
Aero
Supply Mfg__
Agnew Surpass Shoe
Ainsworth
Air
Mfg
Associates
Air
Investors
Convertible
(N
Appliance
4.20%
3
Soutnern__
Airlines
Fisher
Allied
Altes
_1
Bros
Aluminum
$3.75
Co
Goods
Industries
Aluminum
Ltd
common
Mfg—J—
Power
Gas
&
preferred
For footnotes
6%
&
5%
class
4%
com
page 37.
24 Vb
850
23%
Dec
32%
18
187/s
7,800
15 V2
Feb
preferred
American Mfg Co common
Maracaibo
American
American
Meter
American
Potash
Jan
4V8
15%
94%
95Vb
28
Nov
46%
1,550
27 Va
Nov
5%
12%
Dec
7
May
American
Oct
American
Seal-Kap
22 y2
Apr
Amer
7%
%
Apr
"
48 V*
7
6%
46%
48%
49 V2
1
1%
1%
1%
1
iy4
1 Va
65%
4,000
6%
i
36
6
6
6%
17%
17%
17%
600
38%
37%
38%
3,700
Feb
Sep"
3
Feb
7
Jun
Dec
13
$6
Superpower Corp
series "preferred
Jan
American
Jun
American
Thread
Oct
39%
40
200
38
Mar
51
Jan
22%
23%
950
x22
Nov
36
Jan
X21%
Nov
36%
Jan
23%
22%
23%
5,400
24
25%
2,800
3%
3'%
100
3%
18% Mar
27 Va May
Feb
3
5%
Jun
common— _10c
%
%
%
16,500
% Mar
«
58%
57%
58%
250
42% Feb
4%
4%
300
4%
Dec
5
Jan
5%
5%
900
5
Nov
9
Jan
Jan
_
preferred—
Writing Paper common5%
—8
5
5.%
1% May
Oct
72
May
1
16% Mar
31
107
7,300
10%
5
2
'/4,Aug
2%^ Jan
90
Jan
7%
Jun
19% May
41%
Nov
113% May
Amer
—
5
100
5
Dec
8%
8
2
5% Mar
Jun
4%
25%
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Dec'
18
2
__:
common
Anchor Post Products
Nov
Dec
-_10
B
Jun
l'Va
1,300
Class
Jan
65Va
14
23
class A.
Dec
40
4%
1,600
40
Chem
Mar
Dec
Oct
Nov
15 %
14
4%
Jan
22
33 ,'
30% July
2
Dec
200
-
1
Mar
1%
7,400
iy4
65%
/22
500
*
22
89 %, Aug'
200
7y4
Nov
18%
--
25
Co
Republics
4
Dec
■
25
Co—
&
5
Dec
Nov
——
Metal Products common.
American
2%
Co
6 %
Sep
13,400
10
23%
Oct
48%
—100
Jun
—20
Laundry Mach
25
American Light & Trac common..
Rubber
American
94
46%
l
Jan
21%
105
2%
100
•
43 Va
Dec
Jan
7,600
Jan
Dec
13%
Feb
5
40
33%
87
%
3% May
Dec
50
79
4
75
High
Feb
150
10
■
28y4/28'A
1%
28
13%
8% May
Light—
—-
'
1,200
Jun
38
Feb
Low
WfC
34
50
50
j.
3% May
2'%
33%
93
100
A
Oct
Apr
Range Since January 1
High
13%
Hard
90%
5%
-•
Apr
preferred—
preferred
convertible
93
16%
common
Electric
see
2%
1,100
5%.
•
i._.—
American Fork & Hoe
4%%
5%
9%
Nov
Aug
Jun
2%
1
Shares
1
American
.6%
for Week
—25
$2.50
Apr
14%
-
convertible
90%
*
Beverage common
American^ Book
Co__j_—._J;
American
5%
16%
♦
common
American Bantam Car Co
B
100
*
American
Class
*3
Nov
5%
100
—5
common..
Cities
9V4
American General Corp common...,_10c
$2
Sales
Range
of Prices
Low
Par
Oct
36
'
36
preferred——100
Aluminum
Aluminum
American
5%
1
America
cumulative
500
1
common--—x—
of
x9%
.1
Investing Corp
(Mich) common
Brewing Co^
Altofer
*3
100
Inc
Products
5%
5U
pfd
common
Internat
Jan
'
2
Great
&
9%
10
l—.
Power
Allied
1%
Va
3% May
5% Mar
6% Aug
common—
Alabama
Alaska
2
1
Alabama
Alles
4
5
J)
preferred
Electric
Air-Way
Nov
Stores.:
common
Inc
4V8
1
;
Nov
31%
10
Inc—
1
2%
.
,
Stores
High
1
•
'
Sale Price
Week's
Last
New York Curb Exchange
Range Since January 1
"
3
'
8%
300
5%
Feb
8Vi
Sep
400
13%
Sep
19%
Jun
2%
Oct
'
..£1
dep rets ord reg
15%
1
104
1
Argus
Inc
Arkansas Natural Gas
6 7c
preferred-
——10
6
—
x8
Dec
100
98%
Jan
108% May
1,600
3%
Dec
6% May
106
...
3%
3%
5%
6
common
Common class A non-voting—
200
800
3
8
3%
6
1,200
5%
6%
5,300
W
Jan
4
•
8%
3
1
Apex-Elec Manufacturing Co_.
Appalachian Elec Pwr 4y2% pfd— .100
Angostura-Wupperman
15%
V
'
'1—
4%
Feb
4%
Feb.
12%
10% May
....
Apr
8% May
8Ya May
11
.
Nov
34
THE
(2710)
COMMERCIAL
YORK
NEW
RANGE
lart
N«W
Ysrk
•f Price*
»Low (
Arkansas Power & Light $7 pfd
Aro Equipment Corp
Ashland OH & Refining Co
---*
3-50
Shares
Low
112
•Amm
~7%
Feb
American dep rets rsg
Asso.*!tted Laundries of America
Jun
1,400
7%
Dec
14
12%
Feb
23 '
Colonial Sand ft Stone Co
4Jun
Coast
Line
Dec
1,400
to
Dec
250
6 to
Feb
400
A
to
•
20
20
•
.5%
6'to
-6'to
3%
3%
49%
50'to
300
48 to
4%
5%
10,300
3%
18%
18'to
20 to
6,100
18 to
lto- Jan
Feb
Dec
——
2,400
Jan
2lto
Dec
5%
3%
1
50
Co
8%
Atlas
1
Automatic Steel Products Inc
-1
Automatic Voting Machine
Avery (B F) ft Sons common
6% preferred
Ayrshire Collieries Corp com
—1
2% Mar
Dec
4%
Apr
64'to
Jun
'
7
4'to "•
300
3 "to
Dec
7'to
7'to
800
6%
Feb
91/2 May
9%
200
9 to
Dec
16% July
4'to
to
6%
Apr
*
-25
24%
S
xl5% xl6
—
Feb
26
July
15 to
200
Feb
27
1956
to
4%
preferred series C
Consolidated
Consol
—
Consolidated Royalty Oil
B
——
36 to
Bellanca Aircraft
A common--
(H C)
5%% prior
common
Jan
11
Jan
7%
5 to
100
9 to
Dec
5
5
5'to
Inc:
Corroon ft
9 to
1,500
16
Jun
Nov
7
May
17
Jan
1%
lto
1%
900
lto
Pec
34%
33%
35%
1,050
33 %
Dec
preferred class
A
13%
I
8%
-
6%
>107
1 to
70
Feb
11'to Aug
21'to
Nov
Feb
112'to
Nov
5 Va
July
2%
Jan
3,800
1%
49
Dec
11%
Feb
26
Dec
lto
2%
li'/a
A
2%
11'to
to
8%
8'to
8%
900
8%
4'to - 4'to
14 to 14 to
1,700
3%
200
13 %
Jan
4'to
Feb
1
50
5%
-
5'to
45
3
41%
6
...
Feb
•.
175
% Mav
11%
6
■
Apr
May
•
-15 to May
9%
Dec
45
Jan
17% May
% May
4,200
45'to
3
41
45%
Oct
Jan
2%
Jan
8%
Aug
40
Nov
1,300
3,500
"
15%
■
Nov
2%
HV2
to
•--
Jun
2% Mar
300
__
Jan
114to May
107
72'to
z
1,000
.
Jun
Sep
1,100
.
Oct
8%
Nov
300
13'to
30
Feb
8%
1,800
26%
1 'to
5 'to May
•
1,500
12%
Oct
'Oct
>
95 to
2,350
26
Feb
7'to
'. Dec
55
290
*30
13%
7'to
39
25 to Mar
3,000
__
common
American
3%
Apr
Croft
Cent
Crown
—
Co
ft
fMd)
Petrol
Nov
10%
Jan
Jan
28 to
Sep
Crystal Oil Refining
Apr
35
Sep
Sep
18
Jan
6%
Nov
9
to May
7'to
1,000
llto
25
3
3
3%
•
7
6 to
7
•
Feb
4% May
6 to
Nov
Jun
'56'to May
25
100
23
Dec
50
68'to
380
67
Dec
350
16 to
Nov
30
partic
•
-wu.f-.,2 to
--
$6
Uimuioii.
t/O
•
—10
8
-100
common
preferred
Dec
11
Jan
6
100
6
15%
preferred
Cuban
Tobacco
15%
1,700
5%
4%
5 to
3,700
15 to
15 to
15 to
200
14 %
19 to
20
600
15
4%
•
Dayton Rubber Co class
Dejay Stores common.
July
22 to
July
Derby
13 to
Jan
Inc
8 to
10s
1%
1%
700
•
21 "to
21 %
125
•
lQ
5
1
8%
8 "to
common
Co common
2.50
Bruck Mills Ltd
class B
21%
8
100
rets—
Oct
12%
Oct
Feb
Manufacturing
Gasket. ft
11
500
1,100
2%
Jan
10
Sep
23to
Jan
Sep
27% May
47/s
Sep
5% July
7
Feb
20 to
12
Dec
May
32
ii
Jun
Dec
5%
Oct
10% Mar
12 %
May
4
Domestic Credit Corp class
Dominion Bridge Co Ltd
100
Jan
8
Nov
17%
Dec
13
Jan
11 % May
37 to
Oct
Feb
5%
200
Nov
u
Dec
3%
Nov
Oct
35%
Aug
30
100
10%
9'to Aug
130
9%
100
2'to
>9%
Nov
14'to
1,600
14'to
8% July
5% Mar
2,000
7
7
3,600
Nov
Mar
9
to Aug
140
Sep
;
Apr
12%
<
Oct
19
11%
Jan
2 % Mar
4 %
Oct
>
600
18'to
Feb
28%
Jun
}
11
100
11
Dec
14
Jun
t
6%
7
1,200
Jun
■{
7
7%
2%
2
23
11
■
*
5%
7%
Feb
11%
Sep
15
May
f
7
Dec
12'to
Jan
i
"2%
Nov
3%
Jun
1
£1
1
A
1
•
500
3,400
-JA
25
25
25
13 to
13%
9%
9%
21% Mar
Feb
11%
400
'Jun
29
j
16% May
•
100
,
~9%
Feb
11% Mav
\
Dec
79'to May
'>{
•
Draper
Jun
Driver Harris Co
to
%
21,800
'to
Sep
2,600
1%
Dec
3%
Jan
Duke
13to
Sep
63'to
600
30%
30%
150
30%
Dec
'40
Jun
|
72 to
Nov
83
May
j
6%
Oct
8
Jan
2'/a
Nov
lto May
1%
60 to
£1
Jun
17%
60 to
•
24%
Dec
Dunlop Rubber Co Ltd—
4
4'
200
__
—
■
•
—
6%
6%
—
'to 1,600
*7
Feb
11%
lto
—
__
3%
Oct
2'to
6%
Feb
8%
Corp
Power
Co
1
«
Nov
t>V4
Dec
8% May
1
Duval
2%
2'to
2 to
2,000
2
Nov
20'to
20 %
25
18
Jan
Apr
__
Dec
•'
3'to July
3%
Feb
12%
__
-
—
—
—
:
____
m
•
-
•
—
—
—
East.
9%
Feb
20
Oct
22 to
May
25
Aug
16'A Apr
xl4to Mar
18
9V2
9%
400
9
May
17'to Aug
Feb
9V2
--
12%
.
100
4'to
9 to
100
8
Mar
1%
2,200
12% May
12%
12%
•
Gas
Oct
A
Fuel
Amu
4%
4%
common—
4 to %
prior preferred
preferred
-_10t
!
16 to
1,500
Dec
Dec
}
-Jan
2 to
14
•
5'to May
'
Jun
:5
-100
„
Eastern MaUeable Iron.
3%
States
May
i
76
65'to Mar
83
49
58
2'to
200
62 to
62 to
50
57
preferred
$7
series
'
A_
Sugar
shares
2.75
51
Nov
2'to
Feb
May
Jan
4 'to
May
May
Feb
52
52'to
14
13%
14
2,000
10 to
—1
62(4
60'to
62 %
1,025
50
1034
1,100
88
Nov
52 to
-1
$6 preferred series B
Eastern
■
"2'A
Corp.
7
475
225
_2'to
L
Mar
88 to July
76%
73'to
28
Eastern
Feb
76
72 to
76
6%
Com
•
1,000
5
11'to July
3'to Nov
12'to
luJ
to
.
to
Jan
4% May
20%
Texas Sulphur
■
•
4
rtvg
6%
IJ'to,
•
Jun
7-/8
20'A
•
Dec
4'to May
10
Mar
1
voting
Class B
non-voting
Canadian Industries Ltd—
6%
20% May
104'to
•
16
5
Class A
Apr
16% Mar
100% Mar
150
5%
2'to
Chem Co Ltd
Dominion Tar 8c
12
—
20
26
9%
10%
50c
Dominion TextUe Co Ltd common
10% July
—*
Jun
4,500
Dec
2%
28
100
5
Canadian Canners Ltd
common
Convertible preferred
Canadian Industrial Alcohol—
35
17'to
22 to
Duro Test Corp common
1
;Apr
2%
Durham Hosiery class B common
Callite Tungsten
Corp
Camden Fire Insurance
Canada Bread Co
Ltd—
Canada Cement Co
Ltd common6 to %
preference
3
22 to
Dominion Steel St Coal class B
1%
1
Nov
'
32
•
Amer dep rets ord reg
Dobeckmun Co common——.
1,100
ft
£1
1%
100
Jun
9
Distillers Co Ltd—
dep rets ord reg
Duraloy (The) Co
Calamba Sugar Estate
Calif Cotton Mills Co
California Electric Power
i 13 to
1
Amer
American dep rets 5
% pfd
3.% May
16 to
Sep
Dec
3
Apr
13 to
25o
500
2'to
1%
Nov
1
Raynolda class B—
Diana Btores Corp common
21%
12 too
Cable Electric
Products common
Cables St Wireless—
Dec
2%
10
Detroit Gray Iron Foundry
Detroit Steel Products
13 to
-----
-
—8
OH Co new com—:
120%
1
Butler (P H)
common
300
100
4%
10%
1,100
2,700
22
4%
*
2.60
10 to
22
•
Buckeye Pipe Line—
lto
20
1%
4%
11%
38
Mfg class A common
8% debenture
Devoe St
ioto
250
-
7'to
Jun
9% May
10%
1,600
-r
,
to7
7'to
to_
13 to 13 to
__
-
Dec
Feb
5%
13
16%
1
common
Denmson
Detroit
8 to
—1
Feb
5'to
5'4
__
50c
Dec
Jun
18
"
Brown Forman
Distillers
4% cum Junior
pfd—
6'to
10c
14to
Apr
to Mar
£1
A
2,400
Jan
300
5%
Davidson-Brothers
24
9% Jan
£1
ord reg
Class B
Jun
D
—
British Columbia
Power class
Jun
1%
2.80
Mills
Davenport Hosiery
Day Mines Inc
♦
•
53 '/4
Nov
Jun
11 to Mar
Dec
Feb
22
.
Oil Co
4%
Feb
%
3
—
—
-
-2.80
B
'
—
116%
•
common
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
19'to Mat
13 to Mar
•
»
5%
Oct
37 %
8,900
-500
2'to
1%
x_
May
6
5%
11%
—
80'/4 Aug
18%
15'to
•
7'to
300
3,600
*
jj}
7%
5%
10% May
17 to
'
;
1
—
2%
900
25
-
17 to
•
4,000
-
67%
'
•—
•
14'to Aug
6 to Mar
%
7%
5'to
Cork Internat'l "A"
jji ug
13 to
6%
> 41 to
♦%
«
—
Crown
200
llto
•
.
Crosley Motors Inc
Crowley Milner
__
1
•
——1
Brewing Co
Oct
39
13%
xl3%
—1
im-r-'irnirnm-*
(ord reg)_£1
i
-6
dep receipts
Petroleum
Creole
Crown
7 "to
900
9%
8
25
dep
Burry Biscuit Corp
•—
-
convertible preferred
6%
31
8%
100
Bunker HH1 ft Sullivan
"Burd Piston
Ring Co
5
Burma Corp Amer
9%
21%
101%
•
1
—*-
Reynolds common
Cosden Petroleum
Aug
7% May
Jan
9Dec
600
9'to
com.*
bearer
Amer dep rets
ord reg
British Celanese Ltd—
Amer dep rets
(E L)
common
Cuban. Atlantis Sugar common
OH Co
Brown Rubber Co
26
200
•
5c
Range Co
Jun
18
Feb
15
1,300
•
^British American
Tobacco—
Amer dep rets ord
*
Jan
14
<
Nov
.
•
Co
Brewing
19
pfd
Brillo Mfg Co
common
ClfilSS A:
Bruce
9%
5(4
*
—
Breeze Corp common
Bridgeport Gas Light Co
British-American
6
9%
9 to
25
Brazilian Traction
Light ft Power
Bridgeport
Dec
4 to Mar
200
17'to
5%
9%
.
>
Co common
cum
16%
%
1
Borne, Scrymser Co
Bourjois Inc
1
7%
7,400
-1
Blue Ridge
Corp common
Blumenthal (S) & Co common
*
~5'to
~4%
5
J
1
.
Bickford's Inc common
Blrdsboro Steel
Fdry & Mach Co
Blauner's common
Bohack
1,000
Feb
2b to
—
1
•
1
Co—:
Varnish Co_
&
Copper
Coro
Dec
Feb
3%
9 'to May
Courtaulds Ltd—
Benson & Hedges common
Convertible preferred
■
8%
38% Aug
Jan
34
10 to
Bell Tel of Canada
common
Benrus Watch Co Inc
■
50
36 to
7%
5%
*
Beau-Brummel Ties common
Beck (AS) Shoe
Corp
1
66% Sep
Seelig Mfg—
$1.20 convertible
f
'
«$1
Basic Refractories Inc
Baumann (L) Si Co common
'
8%
1
American shares
Barium Steel Corp
ft
Feb
45
2,000
—
1
Cornucopia Gold Mines—
1% preferred
Baldwin Rubber Co common
Banco de los Andes—
Barlow
•
53 to
58%
108 to
-
•
8
10
Car-Na-Var Corp
Cooper
52%
53'to
3%
3%
29to
4,200
Jun
Cook Paint
——
4
High
Nov
1,750
4,200
;
'
1
Utilities
Gas
Liquidating Corp
*
Mining Si Smelt Ltd
Continental Fdy ft Machine
—-
Low
5
400
7%
8
58
60
107'to 109'to
97'to 100
9
9%
21%' 21%
100 to ,104 %
'3%
3 to
—
100
100
Consolidated
Continental
Babcock & Wilcox Co
Baldwin Locomotive—
4
'«
1
•
—
series B preferred
4 to%
May
9%
'
•
-5
—1
Consol GEL P Bait common
7 to May
32
ext
Rangs Since January 1
6,200
6%
4 to
4%
35
Shoe Machinery—
Compo
Vtc
4%
35
.
Service———28
Community Public
-
—
28
Inc
Hotel
Commodore
5 to
4'to
4
33%
3%
28 'to
6
warrants
Colorado Fuel Si Iron
Colt's Manufacturing Co
*1
Corp warrants
Plywood Corp
Airlines
Shares
Low' High
1
Colonial
'
Atlas
-:>>
tot Week
' Range
of Prices
Last
TSale Prlee
Par
Aug
115 to
Associated Electric Industries—
Associated Tel & Tel class A
Atlantic Coast Fisheries
Exchange
Curb
High
11,600
'/
8
20'to
19.
20%
1
York
New
Range Since January l
High
Sales
Week's
Friday
STOCKS—
for Week
Rung*
gal* FrfM
Par
Atlantic
EXCHANGE
CURB
WEEK ENDED DECEMBER 24
FOR
'
Exchange
Curb
Monday, December 27, 1948
CHRONICLE
FINANCIAL
Sales
WMk'i
Friday
STOCKS—
&
81 to May
;
Associates—
of beneficial int
$5 pfd shares of beneficial int—
Easy Washing Machine class B—
9'to
July
14
•
Aug
Feb
63 to
Feb
8%
1
14% May
Oct
7%
preferred
Canadian Marconi
100
Capital City Products new
com.—:
.Carey Baxter &
Kennedy Inc
Carman & Co
Carnation Co
1
5
1-1
2.50
common
Biscuit Co
A ord
Amer dep rets B ora
Carter (J W) Co
common
Casco Products
1
&
Co
2s
«a
Light 4% pfd—
Central & South West
Corp——
-100
"
CeDtury Electric Co common
Cessna Aircraft Co common
Chamberlin Co of America
Charls Corp common
Cherry-Burrell common—
Chesebrough Mfg common
Chicago Rivet & Mach
Chicago & Southern
Voting trust ctfs
Air
400
425
50
2%
2'to
1
-TV
4'to
33
—
4%
—
■
4'to
33
300
50
4%
4%
75 to
75%
xl5
76 to
100
xl5
3,800
-100
6 to
-100
100
11%
25,600
7%
1,300
6 to
56
6 to
-100
300
85%
10%
58
15 to
85%
11 to
6 to
6 to
6 to
—10
10
3%
58
430
Sep
Sep
1%
Sep
5'to
Jun
4%
7'to
Jan
31
Dec
Jan
4'to
73%
xl5
Nov
Oct
84
July
19 to May
Apr
90
8%
Feb
Jun
&
Share
common
$7 2d pfd A—*
Electromaster
pfd
Emsco Derrick Si Equipment
Equity Corp common—
$3 convertible preferred
Esquire Inc
Eureka Corp Ltd
Eureka Pipe Line common.
11%
Oct
Fire4 Association
Jun
(Phila)
Flshman
14'to May
5 to Apr
Feb
57%
300
54
Apr
70
Jan
16 to
(MH) Co—
Stores-
17%
275
15% Aug
5% Jan.
18
Jan
Dec
8%
Jan
Jan
to
Jan
Amer
Ford
dep rets ord reg—
Motor
Ford
Motor
Amer
of
Fox
lto
300
%
Feb
1%
Franklin 81mon ft Co Inc common
43%
45%
22,700
31%
Feb
66%
13
—20
llto Mar
9%
32
to
700
1%
6,800
8%
200
31%
33 to
2,300
5%
300
14
Jun
Jun
14'to May
Feb
11
-U
4 to
1,600
46 to July
Dec
8% May
3%
Jan
'to
Dec
Aug
30'to May
17.%
—
I
29
■
July
17%
1,000
"9to
Jan
4%
12,800
3 to
Jan
5% May
10'to
10 to
6,400
9'to Nov
15 to ' Apr
5.9%
■
•
4%
10'to
'
■
61
17-%
4
*
■
.
w
;
Jan
46
270
•
1'" -2'to
2%
30to
31'to
...
6 lto
Oct
2
Jan
3% May
175
>
600
30
-Nov
38 to' Apr
14
2%
—
Dec
'
Feb
19
Pitt
Fort
Brewing
fPeter)
4%%
Fuller
4'to
18
May
..;
4.%
4'to
21 'to
21'to
3% Aug
1,900
200
.:•<
5 to May
.
conv
\k
1?
~8%
"ito
l,60(f
Jan
23'to
Oct
Jan
35
Aug
vii Dec
-1.28
8
Co—
~8%
8
1
.—50
preferred
2
Jan
7%
Feb
10to
Sep
800
7'to
Nov
19
Jan
300
6%
Sep
9
Nov
'Jun
1
Co_
Brewing
(Geo A)
16%
8
to
24 to
250
24
Dec
32
8 to
8'to
9 'to
1,500
8
Nov
12 to
Jan
12%
13%
600
15%
24
25-
Apr
Jun
1%
Feb
lto
Feb
7 to Mar
24
7% May
Jan
4%
Jun
3%- Jun
10%
51
Jan
July
5 to
Dec
7%
common
27,500
:
7% May
2
4%
1,000
to
2% July
Dec
20 to
dep rets bearer
Jan
1%
Oct
Feb
33
18 to
5%
8 to
15%
Feb
Dec
"
„
1,000
2 to
Jan
France—
12 to
~I%
Dec
8%
of Canada—
1,300
5 to
1
4%
%
1
Class A non-voting
Class B voting
lto
—4
500
4%
1
1
•
4"b
98 to
Dec
l'to
14,000
-i
6 to
1,200
1%
14% May
Jan
11
1,200
12
34to
ito
July
2 % Mar
.10
.£1
6 to
15 to
11%
33
Oct
7
Sep
6%
_1
to tl
5c
5%
14%
lto
-100
5%
15 to
300
.
10
150'to
'
3%
56 to
600
2,900
~6%
Ford Motor Co Ltd—
56%
44%
4%
~6%
4%
33 to
—1
$2 div cum preferred
21
May
21% May
—10
5
300
3 to
92
1
IIIo
First York Corp common
13
;
10'to
t%
100
1
8
10c
ft Instrument—
Falrchlld Camera
Fairchild Engine ft Airplane
Fansteel Metallurgical
—
Jun
25
1
1,300
.
%
Sep
HO
6%
16%
Feb
126
144'to
Jun
Feb
Feb
9%
39,500
143
10
1
Inc
Empire District Electric 6%
Empire Mill work Corp
21
Sep
11'to
10%
10%
143
1
Electrographic Corp common
86to
July
6
P
6
& Light
warrants
Sep
Dec
—4
Option
Feb
5%
54
5
7%
Bond
Electric Power
Jan
Dec
10
1,500
8'to
82%
100
3%
Electric
-38 to May
Jun
Club Aluminum Products Co—
Jan
7
1
page 37.
6%
10
10'to
1
see
Dec
14
Co
footnotes
•
400
Claude Neon Inc common
For
1%
Jan
53
112
1,725
6
ordlnarv
Dec
Sep
.
14%
Controller Co
Development
2%
Jan
Jan
6
Dec
Dec
108 to
150
—10
Colon
Apr
14
—10
Cockshutt Plow Co
10
875
"7 to
Lines—
Clayton & Lambert Mfg
Clinchfield Coal Corp common-
Dec
14
City Auto Stamping
City & Suburban Homes
Mfg
2'to
40
Dec
—5
Chief Consolidated
Mining
Clark
8'to
20%
6 to
—10
Cities Service common
Clarostat
July
2% July
Dec
6 to
10
3%
-2.50
Feb
4% July
—
__
-
145
Jun
l'to
'20
10
,
4%
—_5
—1
7,200
,
-100
5Central States Elec
6% preferred -100
7 % preferred
Conv pfd opt div ser
Conv pfd opt div ser
1929
2%
111 'to 112
2%
'
•
1
Central Maine Power Co—
3.50% preferred
Central Ohio Steel
Products
Central Power &
100
41'to
2%
40
-;l
1
10
Catalin Corp of America
8%
8%
—,
150
20
£1
common
(AM)
1%
20
--
•
Carreras Ltd—
Amer dep rets
Castle
1%
—»
•
Carolina Power &
Light $5 pfd
Carr-Consolidated
139%
— —
Feb
15
July
3%
Feb
8
July
7 to
Jan
Garrett Corp common
Gatlneau Power Co
6%
Alloys
Co
2
—
100
1
*
—
6
6
300
1%
lto
700
Jun
!
13%
Nov
17% July
|
84
Feb
92% July
'
6
Nov
10%
9
-
*
common
preferred—
Gellman Mfg Co common
1 %
Feb
Dec
Apr
3'/a May
THE '-COMMERCIAL .&
Number 4763
168
NEW
YORK
FINANCIAL
CURB
(2711)
CHRONICLE
35
EXCHANGE
•
GRANGE FOR
v.;
: ; •
.
V->«S.
v
'• '
,uS BTOCK8—
-iNew
•"
.
Curb
York
_',
•
.
General ^Builders Supply
5
".-•-:"t''<:*■ / •*
Exchange
.//.•
,,
Corp'
'•4* conv preferredGeneral Electric Co Ltd—
—
.
'■
■/:
t:'
Par
■;
;vi. :
__|
low
3%
"3%"Dec
1,000
•
-3
-
Gcnerar* Public Service $6 preferred—*
Georgia Power $ff-preferred—.—
*
-A $5 :pretferred^v«.i^.—•••
7
»/2
-50
800
~3 %• _3%
-1,300
3'/b
2,500
-2%
•
4-
18V4
p
Inc—
Gobel '(Adolf)
Godchaux Sugar* class.*A
400
16
Class
B.
Goodman
22
;
Graham-Paige Motors
6%
Dec
*'1,000
500
Feb
%
Loblaw
Oct
;'2l%
41%
'TOO
22;;
800
>•
731/2
77
39%
■731/2
60
0
3,500
ItT
3%
Jan
Dec
91
1/2' Nov
66
pfd—25
11
>
Nov
4,700
Oct
.10% May
May
t
May
mi
7
Jan
10
8%" Nov
...<
100
i7ff
"9%
Jan
Dec
i%>Jan
■
11
10 %
11 V4
2,800
fs'"Apr
93/4 Nov
22%
213/4
223/4
1,900
151/8 Mar
253/a
12 3/a
12%
400
11
Aug
15%
25
July
30
Jan
_7»/8 "73/i,
2,000
Dec
11
May
-TV/a
•
7%
.
25
450
50
500
10 %!• Dec
Mar
67
—8
—
10
223/2
20%
22 3/8
1
97/8
97/«
97/a
%
May
Dec
Oct
.Aug
Jun
Jan
24 % May
10
July
26
24%
Feb
26%
18
,12,000
•!
% Mar
1
Jan
Mar
5,800
Iff
Feb
'
-
7% Mar
1,500
85
Dec
76 3/a
Dec
49
44
Apr
15
Feb
235/8
Apr
112%
Dec
Nov
18'/a
Jun
9
Aug
693A
800
183/4
18%
1
*
2
475
78
68
68 3/4
preferred B ctfs of dep
Corp
Apr
110
77
preferred A ctfs of dep
Lynch
100
25
—
Chain
Feb
20
25
22%
22
Groceterias class A—
Steel
Louisiana Land & Exploration
Louisiana Power ft Light $6 pfd
9% "Jan
19 3/8
4,400
12%
13 3/4
123/i
600
Jun
'Nov
'
6
6*/s
300
6
8'/a
8%
700
•7
Mar
110%
275
*'<01
136% 136%
10
133
Apr
500
'36
18 3/2
Dec
Dec
8%
♦
8%
Jan
51/4'Sep
1,300
66
10'A
10%
•
-
64%
•
6
5%"
6%
100
7
Dec
'Dec
18% Feb
6 T Feb
100
9%
173/4 May
6%' Nov
11% Feb
Nov
-•
5%
600
3,800
%
Common ctfs of dep
*71*
% May
57% May
521/2
"•5 %
—
Lone.Star Gas Co. (Texas)
*:293/4' Dec
*
>,
Ino
Longlnes-Wlttnauer Watch Co
Long Island Lighting Co-
Jan
.*'503/4
Nov
1 Dec
22
53/4
93/4
-
8
preferred—28
common
Class B
Locke
Jan
'15% Jun
' Dec
2
'
1
Co
common
Llpton (Thos J)
*^25% Aug
12% Aug
•
1
Great Atlantic <& Pacific
Jan
10%
2'/8
V\
•
-
—
•
—
118%
13%
*
Corp
5
8
/
•
22
7
"9;,/4
800
2,600
-
7 3/2
5»A
22
; *
-12%
-100
53/8
9>/a
8
Inc
(R Q)
Material
Lit -Brothers
/Jan
1,600
-
High
<,Jun
M.T00
•21%
Tourneau
Lionel
Jun
12
■■■: 1,200
22
1
conv
-
.-233/2
"60
*" 35
:
*.
40 %
•
£—10
Grand Rapids Varnish
OTay Mfg Co
Le
Line
Dec
1
21%
11
13
-
*
—■
Jan
Bep
'
50
Gorhom Inc class A
Gorham Mfg common
•'
'2
—
•
Mfg Co
23 Vi
21
13;;,
•
*
—
i
•
Feb
Jan
10
10%
—1
*$4.60 prior preferred
Qoldfield Consolidated Mines—
Apr
Apr
--22 \
LOW
13 3/a
'■
*7'A
22
-
V Mar
5V«
Mar
5"
9
_53/4
Lamson Corp
5%/ Jan
2% Mar
—
''^ 21%.
8
■.
Inc common._ia.~
Apr
x9
■
~9 Va
———1
Mines Ltd
onore
Lakey Foundry ft MSchlne—————1
of Delaware
1 '
Utn&tonMouotype" Macnine
1
La Salle Extension University
1
Lelcourt' Realty ctommon
1
Leonard Oil Development
28
Nov
/100
117
"Feb
110
.
Globe-Union
'40
1053%
31/2'Mar
1,700
19
18%
Range Since Jsnnary 1
High
13-VB
Laclede-Christy
Company—.——I
Apparel ' Inc
—
1
iflM
j
-.tAg". /.Apr
'
4 1/8
-
Low
L'Aiglon
-;Jan
'
Nov
2% Nov
—
-
Glen Aldbn Coal———f
GHenmore Distillerles clasa- Bj,—.^——!
!--8'
<
xiuo% <"Jun
4
Bhsree
•f Prices
FU
•'*9% May
Feb
95
•
ti Week
lawrt
27% "Jun
7
'
7V2S Dec
27
"96%
'
Gladding: McBeatt .ft: Co,—.—
25
Gleaner Harvester/Cmp-i-—...2.bo
Oct
5%' Dec
,-'
Giant Yellowknife Gold Mines.;
1
Gilbert (A C) common—
——>—•
—
7%
•2,800
34%
33%
;
3%
;
OoneralPlywoodCorp common-*:—50c
—
•
u-
7%-
>
•
■
34%
*
6%
*"
"51/2 ! Jun
—•
5%
1
Curb Kxehange
High
-
'22%'Dec
-6Vb
peneral'Phoenlx-Gdrp—.—--—f-i—1
Co-——.—
3%-
•
\'84it^preferxedi',«erte»;'A-i^^-L^-L.--10, •••
Gilchrist
Low .High
,
GeneraL Firepr ooflng common-—-_—*
General Outdoor -Adv 89$ pf<Lw~:100
.
A frllsy
STOCKS—
>New Yerk
IsafiliSMlMisqr 1
;
-»Am«r>tiep rets*'ordvreg^-^—•'.General Finance Corp common——1
.
.-,-
24
-
for Week
i Shares
sf Prloer
,
ENDED DECEMBER
Sales
Range
'
vgale
A.
com—^1
a®
;
Week's
Friday
; ••• i;s
WEEK
Jan
IO1/4 July
'14'A May
Tea—
M
-
Non-voting
'1% \lst
.'
common
stock
•
preferred
109%
-——100
108
—
.
•vGreat^orthern1 Paper
Grocery'.Stores "Products
Gulf 8tates
r
Utilities
36%
——<.—25
common__25c
$4.40
pfdi
Gypsum Lime ft Alabastlne
5
381/4
37 *
&i/2
•
-
8%"
900
Feb
—
•8
-12"
'
70
•
Jun
May
Macklntosh-Hemphlll Co
140 " Mar
443/2
Nov
Nov
Maine
Jan
105
Apr
■13 Vz "
Public
Service
Marconi
Hall
Lamp
Co.—
Bridge Co Ltd
Hammermill Paper new com—
naruurd
Hecla
-
1
10%
10%
;6%
6%
:
11 5/8
12
7%
m
w
:—100
common——
'
Co
10
-;§«
preferred
Hubbell (Harvey)
Humole Dll
Lock
16
67
.
45
-
:•
175
30%
100
30s/8
106%
-.
74
2%
••
2%
3%
1
Hydro-Electric Securities
2%
20
19....
1,600
20
17%
16%
-400
/
Hone
v
Dec
Jan
Jan
1103/4
Zinc
Co
common
Imperial Chemical
—•
£1
-.1
4
•
,
ft Ireland
16 3^
-•
Mid-West
Midwest
,;Jan
<
Miller
421/2
Jan
>
Feb
:3% May
Feb
,*"25
shs
International Products.
...
88%
10
'
47
46
:V
<
163/8
Jan
•
T0%.
10%
5'/a
10%
•
"2,900
47
' 10
■
<900
10%
10%
200
9%
s
.
•900
12%
1%
—____1
33/4
t.'15v
Feb
Dec
;
59
Oct
24
Apr
9ya Mar
114
Jun
93/4
,137/b
Dec
%
Jun
17
'1%
15
700
%
Mar
Wohl
>v4% %
•
Co
3•:
3%
1
Jefferson Lake Sulphur Co
Jim Brown Stores common
Preference
: -
3,000
13 y8
Feb ;
Julian
3%
NOV.
%
Dec
/
..
T5/8
Apr
4
1,500
33/a
Nov
9%
5%
300
4%
Feb
5%
700
4%
Feb
8% Aug
9% Jun
>4%
Sep
,!6%Jun
19%
Dec
,:.25% Jan
_*
ft
Kokenge
Co
•4%
convertible preferred—
Minnesota
Power,& Light
•
Montgomery Ward & Co class A
Moody Investors partic pfd
Morris Plan Corp of America
Mountain
Producers
Mountain States Power common
4%'
100
1
/Walter), ft Oo
Kimberly-Clark Corp—
,41 l
m.
15.
nrofprwrt
.
'
:
.8
:
*
<8-'<
Jan
4%
cum
com
/.
lflW
10Va
,
Kiugs wunty Lighting V% pfd B—.100
5%
preferred
D
200
11% Mar
ll3/a
Dec
7%
425
^63/2
NOV
10
10%
300
-
'
(I B)
Rubber CouKnott. Corp common
—
60
-footnotes
Co
-see
....
page
37.
_1
.60
993/4
Apr
8,900
23/2
'■
1,225
27%
./•
-50
45 '/j /Feb
800
37 Va
■■
17
•' 2
-
45
163/4
17
%
"2%
11%
1,3„
...
2%
12
111%
20
400
11%
300
7%
•■
3>4
Jun
July
111
7% Jun
6V4 May
Feb
Feb
7%
,200
7
Dec
103/a May
13/8
3,900
„1
Nov
23/a May
6
Dec
Jun
60
-Jan
5%
300
1
6
63/4
1,500
_7
7
7-3/8
r;5oo
6%
19
_63/4
"6%
65/8
93/a
,10
Sep
53/4
Feb
Jun
Jan
Apr
32%
Feb
2,700
Oct
i% Apr
;
6%
6 5/8
30,800
'5%
Nov
6%
Dec
9%
150
93/4
Dec
133/8
Jan
Company
15
•
15
1~6
,
19%
925
.
193/4
193/4
•
128
<•*6
Feb
24
20
18
400
/
2 3/4
7%
700
50
31%
313/2
400
'8%
9 3/4
1,100
•
2
Jan
30 3/i
5
Mar
23 3/2* Dec
71/4
7
•2%
1
1
•'23/4
7'/4
1,600
3
2,200
r
Jun
*5
"
9% May
38
Jan
Mar
96
9
•
Apr
May
Apr
22% July
Mar
7
1,800
7»/4
Apr
253/2
13'/4: Feb
100
23/s
2 >/2
1
May
10% Sep
'
Jan
>104
Jan
,27,r
-
,..83/4
Oct
53/2
Jun
963/2
63/a Mar
2%- Dec
Jun
'
Dec
87
87
50
86
98«/4
100
100
1
•
•
lOo
10
983/4
25
2'/2
23%
1,700
96% Aug
2 '/4 Dec
23/4
103% Jun
3'/a May
3'/2
35/8
10
Aug
178J/4
Jun
Nov
403/2
Jun
Feb
4% May
17% Apr
347/a- Nov
33/a
1,800
13%
13%
31%
12%
550
Feb
26 3A
700
31
•
162
30
169 3/2 1693/a
3»/2
Jan
97 Vz Mar
23
10
10
113/a
113/2
113/2
500
11 3/8
'••93/2
113/2
1,700
8
123/4
123/4
100
11
10
300
93/4
•
July
27
Aug
July
26>/4
50
115
Sep
25
263/4
50c
common
Oct
143/2 Dec
33/4 Aug
23
•
8
*
2.50
Mfg Co
Muskegon Piston Ring common
Muskogee Co common
Muter
"7
>8y8
Feb
93/4
103/4
33% May
Jan
143/2 May
118/a Aug
133/4
Dec
Oct
Nov
N
Nachman
Namm's
10
Corp
Hess
National
Bellas
common
305/8
Nov-
17
11 Mar
93/4- Jan
12% May
Dec
-
Dec
'2'/2 Mar
450
29'/a Mar
common
Nestle Le
11 3/8
l65/8
-<8
8'/4
1700
73/8
7'/2
700
~33/2
"3»/2
100
3'/4
35/8
16,100
4!Zz %
Co
convertible preferred
New Jersey Zinc
—
New Mexico & Arizona Land
Nov
New
v-23/4
Dec
New Process Co common
Park
Mining
Co
Dec
62
"• Dec
Auction
Co
N
Y
N
Y
&
Sep
N
Y
Merchandise
Oct
N
Y
Shipbuilding
common
Honduras
Rosario
16 '/4 July
16
Dec
May
17 3/a
Feb
10% May
'7% Mar
■
11'/a
Mar
22 y8
3
Nov
Jun
4% May
2
Nov
'3% Jun
73/8
—
•"33/a
Dec
15
73/2
Feb
13%
Apr
17% Aug
100
8 Vz
Dec
16
16
500
13%
Feb
6
5
5
6
100
Feb
Dec
96
May
Nov
6
Jan
■
81/2
•
80%
410
4%
78 3,4
23/a
25/a
3,500
"1%
2%
65/8
7 3/4
8 3/a
673/4
1,400
8 »/4
'800
15/S
2,300
s.
-
—1
.
83/a
• 1 Vz
"Nov
5
-600
661/2
7%
66%
1
1
78 3/4
--80
100
.1
20
25
8«/2
'
•
>6
1%
12 »/8
Oct
Jan
Jan
;> 72% July
*10% May
Nov
Feb
83/4
•
7%
(Feb
*593/2
75
'
31
Dec
Oct
10
3,500
83/4
10%
400
>10
*
class A
Mur Co
New England Tel & Tel
New Haven Clock & Watch
1'
:
Oct
37% Jun
123/4 Jan
Dec
12
,
Corp
(Herman)
4% July
Feb
85,8
16,300
11
30o
Neptune Meter common
_9>/8
TO1/*
10
•
1
Machinery
Nov
7
37%
•
ft Stores common
1
National Pressure Cooker common—22
National Radiator Co
-4
National Rubber
30%
333/4
_85/8
9
•National Mfg
107%
•
6,900
5
*
1
National Mallinson Fabrics
100
3
*30%
25
:
15% Jan
"
Nov
5
2%
~3
1
•
Breweries common—
Sep
4 3/a
5
1
common—!
Inc
95
'700
Jan
,48%
23/s
>*88
-
Dec
103/2
Jun
July
Jan
May
273/8
28
250
27
Feb
32
105/8
105/a
300
10%
Dec
15
Feb
14%
10
12% Mar
a9V4
•:23/4
NOV
4% May
Founders
10
21
11
-
?
"Nov
52
Dec
"9%' Dec
11%' Dec
195/a
>
Dec
6%
Feb
123/4
Dec
203/4
Jun
Feb
19
May
1
Niagara'Hudson'Power common
'
1A Jan
14
Mar
16
Apr
5%
'243/2
Jun
93/4 May
Jan
173/4
5%
■*
1st
2d
Class
B
preferred
preferred
1
100
100
;,8
'96
Jun
75/8
23,800
"63/2
Nov
94'A
1,050
92
Feb
105
Jun
120
92
Dec
117
Jan
92
10%
1
May
11% July
*3/8
16,400
Va
Dec
5
93/2
1,700
83/2
Jan
-*
7%
8,900
.7%
Dee
12% May
Feb
,23V4 Nov
optional warrants
Niagara Share Corp class B com
Niles-Bement-Pond
Nineteen Hundred
-1
Corp—
shares
'
1,800
5,000
9%
20
-
700
1,900
1A
"9%
7
Brewing
-
2%
31
43%
11 y4
J
Wnb*elr«T
For
-
11%
;
•Kleinert
.Krueger
.
.
1
:
27%
100
10 3/4
Nov
; Feb
31/2
■
1
"Klrkland Lake G M Co Ltd.
Klein (D Emil) Co common
Jan
17% May
.
.'ii9': /Jan
/
r2%
<
1
1
126
200
28J/4
-
100
King Seeley Corp
Kingston Products
Kirby Petroleum
Aug
15
23/4
50
3%
,108
73/8
.;
"l Va
■
(new)
pfd(new)
,15%
11%
11%
__
Kings County Lighting
NOV
7
8
75
3,000
5%
Mills
Mt Vernon-Woodfcorry
-
18,300
1223/2
•
Kldde
8%
__
•
_
Kennedy's Inc
Key Ca common
8%
5y8
200
43/4
100
Murray Ohio
Nelson
8%
Jan
3y8 Mar
Jan
43
K
1
100
25 3/4
Dec
53/4
Tel ft Tel
States
Mountain
National Union Radio
pfd
>/a
5%"pfd—100
Molybdenum Corp
Monogram Pictures common
Monongahela Power Co—
.
4.40% cum pfd—
4.80% cum pfd series B——
Monroe Loan Society com class A
National Transit
Kalser-Frazer Corp..
1
3%
„•
Mining Corp of Canada
National Steel Car Ltd
Kansas Gas ft Electric 1%
JKawneer Co
4
Nov
,::20% May
7ya Apr
4%
i*
6
109»/4 1093/4
"43/8
:/^%May
-'Nov
53/8
5 Mi
13'A
8,900
Jan
3%
1
1
*'
300
9,100
23/8
50o
common
"7% preferred
National Fuel Gas
jeannette Glass Co common
83/2
153/2
13/4
10
Co
National
'"
8'/2
13 V4
23/a
8
Apr
30% Aug
-12% Mar
2% May
'9% Mar
600
500
r
4
l/2
Oct
'9% Mar
1,300
1%
15%
!
-Apr
Sep
200
'15%
%
3/2
153/8
Dec
443/4
■
'
1
il*
Italian Superpower
Corp com cl A—1*
96
110%
Dec
7
"46
11,100
'9%
12 V8
13% Jan
Feb
10%
.5
Oct
12% July
Dec
92%
'9%
.—1
Feb
Oct
17%
,
Oct
875/a
.550
10%
n
Jan
17%
Jan
*221/2
_•
——
U
9%
"90
107
r.__10
v t c new._—
Irving Air Chute
600
•
International Safety Razor B__
International Utilities common...
•Investors Royalty
Nov
.113/2 Mar
*
shares—
Fireman Mfg
■873/s
196 7.
-
10 %
50
International Metal Industries A
International Petroleum coupon
Iron
33/a
8
4,*
Preferred $3.50 series
Dec
'
88 %
Dec
July
8'/a Dec
29
50o
Mid-West
11% Mar
21
107
36
5
Midwest Piping ft Supply common
Refineries
Jun
Jan
7,600
11%
200
—
•
Abrasive
Oil
7%
200
'11%
36
17»/a
Products—
-«$2 non-cum dividend shares—
Midvale Co common
Jun
"
16%
36
1
Corp $1 conv pfd
Steel
"7%
83/4
1,000
16%
16 S/8
.5
...
International Cigar
Machinery..
International Hydro-Electric—
Registered
450
4
15%
'16%
Indianapolis Pwr ft Light 4 % pfd__ 100
Insurance Co of Norths
America—10
.
9%
Dec
36
——10
.1
Corp
Ex-distribution
Midland
4% May
'Dec
16
Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon...
.Registered
-Imperial Tobacco of Canada—..
Imperial Tobacco* of>Gloat Britain
-
9%
17
1
2.50
1*
/ Missouri Public Service common
Illinois
1,400
6 >/4 May
Corp—
-Midland Oil
-
Jun
>88
i*44
May
20% Oct
28o
15
t c
West
Apr
*2y«
,8
;
Class B
Dec
119
•
Hygrade Food Products
Middle
•:% 243/4 .Jun
Feb
-2%
325
Apr
45
41'A Mar
:3
Mlcromatic
*
35%
Jan
-•4
1
4,900
173/2
13/4
6
*
Oct
148
2%^ Nov
——
:
May
(Jan
l3/a
17
Middle States Petroleum class A v t c—1
20%
Sep
Sep.
x65
200
•
8
1% Mar
,2
17V2
1
Co
Participating preferred
32 y4
149 J/8 May
4,000
Pec
'
1053/8
800
>
75%
;
Nov
4% Mav
Dec
30%
80
"21 V
20'%
.75%
Dec
5%
"i%
,
—100
preferred
Iron
Michigan Bumper Corp
Michigan Steel Tube
-Michigan Sugar Co common.
-6% preferred
.
Jan
11 %
393/4 Aug
400
106% 106 %
Inc common.——5
&
55%
Feb
153/2
25
31 %
Nov
'
Dec
Jun
2 Vz
50
1
Metal Textile Corp common
*
1,600
6
»13
13!/4 Mar
CK|/A*
7% Apr
'Mar
■24
Jan
jm
75
Sep
7%
:
150
45
5%
139
•
1st conv preferred
'U
•
'A
Mesabl
113% May
Dec
■41
800
16%
•
*/>'•;' Common stock warrants.—
11%
Dec
33/2
6
—.'
Warrants
-Apr
23/2
r
Chapman ft Scott Corp—
:V'£%%
•OLUft
r sdr
Merritt
ll"3/8 May
12
Sep
8%
b.
1,500
3%
29%
&
Huyler's ^common
:
Jan
900
•
1
Co
ft
Co
Apr
300
183/8
•
Dredging
Mfg
Feb
,3y8
Nov
83/4
"g'A-
~3Vz
—•
ft Co class B——
Johnson
Menasco
'
Dec
10
"
200,:
10%,.
-
28%
Refining
_•
Mfg Co..
_,5
Hussman Refrigerator $2.25
pfd__—-•
Hurd
100
45
9%
3
*
*
16 Vz
Mead
"D
73/4
130
6%
44'/8
10%
-1
common
•' Nov
6%? Dec
•
McWllliams
('.73/2* May
9% Aug
Nov
39% Sep
17%
9
1—3
prelerred
(A G)
"
1'
110
68 \'z
63/B^
•
(Geo A)-&
10
*50
1,600
„
Dec
Feb
100
9%
Dec
-Sis.DO
McKee
23/4
.
J
McCord Corp new common
Jan
Jun.
28
May
•
1
10
MeClanahan Oil Co common—
Nov
'
43/a July
2% May
"
_..B
Inc
*
941%
*
67
1
:
lovi'
8'/2
93
1%
4 7/8
:~6%
900
(l
*
8%
Oct
563/4
•
Nov
■1
100
•
8*
19
Dec
2 .'
3,100
12
ioy4
93
-46
-
3,100
7;
.
15%' Dec
700
•
81/2
itJ3/4
Apr
34
'
1,200
11
7%
3
——100
Horn & Hardart
Baking Co__—
Horn 4r Hardart common—^
<
8%
•
w
ft Co class A
Hormel
5%
83/4
25c
Holllnger Consolidated G M_:
Holly Stores Inc
Holophane Co common
Border's
.13/8
X4%
83-4
-
1,300
9%'May
173/4 May
Dec
-Feb
<12
21
10
—
Mfg Co common
convertible preferred—
•
Sep
-5%'Feb
270 '
r,
2% /,
1%
5
,
common
w
47
2%
5%
100
2,100
*
,—:
400
■t
'
16
46
1*
preferred
Hoe (R>
,2%
1
—
Henry Holt ft Co
*
46%
.-;—1
-A
Heller Co common
5%
preferred
A%
15%
com—1
common
Rubinstein
Class
7
1
:
Inc
-Mining Co
Helena
;■
6
7
25
Hartford Rayon common
Harvard Brewing -Co—
Hat Corp of America B non-vot
Hathaway Bakeries
5%
5
Electric Ligni
Haseltlne Corp
Beam Dept Stores
6
1,100
<1
Massey Harris common
7
<
«—*
Feb
10 5/a
2,300
: L3%
Marine
International
McAleer
B
Hamilton
ll>/4
13 Va
*
Marlon Power Shovel
H
10 5/8
13%
•
Communication Co Ltd
-
105/8
1
—
Mapes Consolidated Mfg Co
Sep
53/4
0
10
Co
Mangel Stores common
Manischewitz (The B) Co
' 9% Sep
/.
•
98% 100
l_
,
97
13%
100
——
■
Corp class B
"
12
',
36
COMMERCIAL
THE
(2712)
YORK
NEW
RANGE
North
North
13-
,'ii
1,800
7%
7%
2,000
6%
38
37%
400
33 % Mar
500
33
37'/a U
1
*
Inc.
Corp
Northrop Aircraft
Novadel-Agene
37'A
37
Class B common
37
1% May
8% Oct
Dec
Feb
48%
1%
Jun
48
Mar
Jun
4
May
21% May
3% Mar
Nov
97%
97
900
2
Sep
89
1%
2
Feb
Nov
Mar
15
"2% "2%
"2%
9
1,200
12%
14%
Scullin
Steel
4,200
common—
Co class B common
Semler
22%
Jan
Sentinel Radio
B)
(R
Inc.
Corp
Ohio Power 4%% preferred—Oklahoma Natural Gas
1%
100
Brass
Ohio
Poindexter
Old
Omar Inc
33
101
Nov
38
7%
8
30%
1,000
5,700
8
•;.7 V
7%
1
Securities
700
1,000
7
7% (
■
Sep
17%
Jan
Jan
15
22%
22%
22%
14%
Nov
14%
1
—
Jan'
39% Jun
9% Oct
July
Oct
5
Jim
109 %
Feb
12%
•
olass B
Dec
48
Jan
30
37 %
37%
O'okiep Copper Co Ltd Amer shares
Overseas
325
36
1
Distillery
Oliver United Filters
36%
106% 106%
'•
13
2%
Feb
1%
1,100
2
25
Aug
Dec
'*■
.13
May
Pacific Gas & Elec 6%
1st pfd
1st preferred
Lighting $5 preferred™
Pacific Power & Light 5% pfd
Pacific Public Service
$1.30
com_
1st preferred
Parker
Patican
Pennroad
Corp
common
11
Sherwin-Williams
Canada
Shoe Corp of America
Bick's Breweries Ltd
Silex Co
Ltd
2-
2%
1,040
2
Dec
6%
Jan
1%
100
1%
Nov
4%
99 %
Oct
108%
Jun
6%
Prentice-Hall
Pressed
Metals
Service
4%%
51'A
2,050
43
Feb
70
100
9%
Dec
4%
4,800
3%
Dec
11%
10%
11%
2,200
8%
Jan
11%
6%
61/4
6%
900
6%
Dec
Feb
22
2
2%
1,500
2
1,100
xl0%
36
211
California
2,300
Standard
.
x
4%
4%
—
—
9%
Jan
May
4
Mar
13%
37
"
28%
29'A
29
24%
.
—
29
—
29
Standard
Products
Co
7%
Starrett
(The)
(A)
Corp
—
Oct
Stop & Shop Inc—
3
2%
2%
44% May
Stroock
8%
Apr
93A
Feb
16
May
1% Jan
500
6,200
Feb
3
Jun
May
95iu
75
93-%
95%
21
20%
21
11%
12
'•
6
6
99
Dec
30
87
"
•
13%
88
14
580
8%
Jan
100
x96
152
July
—
16%
_
% NOV
16,800
17% '
75
14% Mar
r
%
%
100
%
Feb
*
*
25 %'
25%
200
24%
Dec
31
34%
300
30% Mar
52
Jun
37
Dec
Feb
21
Dec
Oct
July
6%
Nov
8%
Jan
%
Feb
2%
Jan
Dec
77/a May
4
3,200
13
72'
27% May
23 Va
15% Mar
2,000
11%
550
15%
Dec
Jun
Apr
200
%
Nov
l7/a
11
250
10%
Dec
15%
Jan
11%
12
11%
Dec
20Va
Jan
33%
850
1,050
27%
Jan
37
Oct
5 %
1,000
7
Jan
14'A
725
5%
14%
14
2%
2%
1%
2%
5
2%
17 Va May
Feb
3%
Nov
1(1 :
3,000
;
Nov
13% Mar
Jun
■
Inc
^
—
14% Apr
Realty
&
Allied
k
*
■
—
—
55
Mar
7
67/B
7%
4,600
5% Nov
9%
11%
5%
5%
1,100
6%
20%
200
3%
4,325
1%
1,400
3 %
X3
1%
.
x3
1%
Dec
3%
17%
18
200
17%
Dec
26%
243i
24%
24 3i
300
24%
Dec
32
2%
2%
2%
1,700
i-W
..
1%
2% Nov
2
2,700
86
30
85
Nov
28%
29%
100
23
Mar
9
Dec
8%
Nov
13%
3%
Ajug
JJan
43
1% Jan
!
,9%
5
4%
__
10
32%
'1
1
9%
31
7%
9%
.
100
4%
300
32%
900
7%
500
17
6%
*
—
1.25
19%
—
400
20
—
6
5%
■
6
16%' Dec
500
13%
Dec
21
.—1
10%
10%
12
1,500
Xl0%
Nov
13
13
13%
15
May
18% May
V
dep rets def regis—
'"
;« .—£1
—5s
9
91%
92%
—.1
18
-
1
—: •'
__
900
10c
5
75
1
5
4%
5
400
4%
Jan
Nov
Corp
Corp
Chemical
of
Canada
—
$3.75 pfd series A_
Yards of Omaha
5%
8%
Sep
United Chemicals
.
common
Oct
United
Feb
United
%
1,000
800
3%
4,400
1%
Feb
7%
Apr
6%
United Milk
Apr
11%
Jan
7%
7%
18%
18%
500
10%
10%
10%
5,300
7%
1,900
1% Mar
3%. Jun
900
1% Nov
3% Apr
4% May
3% Jan
.—49
—
—
1%
2
1%
1%
1%
3%
1
3%
800
1%
1%
9.900
Nov
18% Dec
?
1%
Sep
Feb
Nov
6%
Apr
4%.May
31
May
...
6%
1,100
4%
Nov
9
Jan
400
8%
Oct
12
Jan
U
2%
U
2"%
100
18
Dec
2%
2,400
2%
7%
200
—
Products
—
—
92%
93
53%
—
—
3%
•
"
53%
3%
43
2,900
%
6%
8%
Jan
7%
NOV
Jan
2,600
3%
43
—
A
common
Preferred
Apr
Apr
,r—
*
10
7
A
325
—
—
19%
21
20%
21%
Nov
97%
52%
Nov
3
Nov
62
Jan
5% July
100
*
—
11
13
•
—
—
38% Mar
70
fa Feb
29%
—
20%
21%
87%
20
Jun
% May
Dec
36 % May
Feb
20%
Dec
3,200
16
8,300
17%
Feb
23%
Oct
11
Dec
30
Jan
20
Dec
25%
Jan
425
—
United Molasses. Co Ltd—
9% Aug
23 Va Aug
12 Va
Jun
Dec
5% Mar
6
—
—
•
United Gas Corp common
United Light & Railways—
10%
7%
1%-May
Dec
2%
Jun
9%
2%
•
100
Corp warrants—
Elastic Corp
Amer
1,700
Jun,
99%
,5%
„
Products com——50c
dep rets ord regis—
preferred
United Shoe
.
Specialities
U S Air
.
*
5% May
—
—
—•
,
--
S
and
International
$5
1st
preferred with
250
2
49%
51%
6,275
250
48
warrants
Dec
41%
13
Dec
11%
Feb
19 % May
1%
Feb
Feb
86
8%
300
1%
1%
2,800
14%
14%
14%
1,900
3%
2,700
475
70%
3
3
74
Apr
Nov
37%
8%
1%
—
62%
1%
37%
8%
:*
75
Jan
Jan
Nov
8
37%
37%
_1
.10c
Securities
July
10%
6% Nov
.
49%
5% May
Nov
-% Nov
243%
—
—
1
common*—.
Conditioning Corp
U S Foil Co class B
U
25c
10
25
25
Machinery common
Preferred
United
Jan
—
100-
United Profit Sharing com
7%
Nov
% Dec
7%
6%
4
United NJ RR & Canal—
1
88.
Union Oil Co of California—
Oct
3%
5
4
P
Jan
July
66
-
Feb
9%
Union Investment Co„
Jun
5% Nov
1%
Oct
Dec
2
2%
.
!Ii
United Aircraft
24%
900
1,500
H
Oct
7%
51% Nov
3%
'
2%
58
Nov
26% Nov
Union Stock
11%
5%
4%
*
—
Jun
Jan
5%
_3
*
••
'
11% Mar
49 V2 Mar
400
92%
Dec
Jan
5%
1
"li
~2VH
Union Gas
93
Mar
37% Apr
14%
•
_1
600
U
2% May
Nov
_1
.—
1
Jan
Jan
10
■
Jan
19%. Jun
700
14%
Jun
'
—
Jan
May
16%
.2%
■
__
124
May
4% May
86
•
118%. July
16%
Construction.
Inc
16
13%
■
100
.
Stocks
Unexcelled
■;
12
31%
Nov
10
26% July
5% Jan
Dec
__
_1
10% Feb
24% Nov
2,300
13%
Ulen Realization
Dec
20%
Dec
19 Va Mar
5 VA
100
600
11%
5
Tung-Sol Lamp Works com—*
80c convertible preferred.:
Jun
5%
11
26%
10%
'
-
2%
Trunz
May
11
25%
1
•
Tonopah Mining of Nevada.
Trans Lux Corp—
——
Tri-Continentai warrants——*..
Jun
.
5
2%
52%
Shipyard Corp common——20
._70C
Toklan Royalty Corp—
-100
Toledo Edison 4%% pfd—
Jan
34
£1
page 37.
2%
5% Apr
3% May
5% Jan
4%
1%
Todd
20% Jun
1% May
1
—
--
Ryan
see
Oct
21%
„
pfd——..100
Tobacco
3% May
i
Inc
For footnotes
8% May
Nov
2%
32 Vz
311*
Tlshman
15% Aug
•
Corp common
Inc
6% Aug
3
50
11%'
11%
1
common
Amer
1%
Ryan
Oil
May
2% May
Oct
10%
—15
—
Thor Corporation common
Tllo Roofing Inc.—:
Jun
Nov
.Mar
12
'
Savoy
3
122
600
3,100
110
_
*
Taggart Corp common——
Tampa Electric Co common—
Feb
Mar
79
139%
180
13%
%
u
—3
Sayre & Fisher Brick. Co—i.
Schulte (D A) Inc common.——
Jan
Feb
Aug
11% July
5% Dec
500
144% 145
l
Corp common
(Del)
1%
102
July
19%
250
6%
•
Jan
600
-
90
Rolls Royce Ltd—
United
Feb
99% Jun
90% Nov
425
88
Dry Goods
<?onv
25%
11% May
30% Nov
800
24
7
„
25c
Swan Finch Oil Corp
1,100
Feb
2%
20%
♦
Superior Portland Cement, Inc
Superior Tool & Die Co
13
3%
68
2%
__
_5
Sun Ray Drug common
Oct
20
67%
21%
•
1% May
Dec
Feb
7%
>
Jan
Jun
24
1
Dec
Dec
9%
200
Oct
6%
%
8
2,500
15
4%
7%' May
19%
7
97%
Dec
Aug
Sep
1%
'7%
,
__
—•
(S) & Co common
Sunbeam Corp_„_
2%
Feb
10 V* July
48% Jun
3%
11
Jan
May
25%
*
Feb
2»A Mar
15% Nov
4
87
15
36
550
1
Stetson (J B) Co common—
Stinnes (Hugo) Corp
95%
-
145
Richmond Radiator
1st
Nov
Mar
22% May
4% Jan
600
100
400
1,000
8,700
4%
Nov
10%
_•
Salt Dome Oil Co
Feb
26%
1
8
11
Rels
Samson
Juu
19% Mar
1
Apr
Jun
•
Ltd common—
preferred—.
July
47
41% May
28% Apr
29'A July
29% Jan
May
25
400
114%
113
__
1
Jun
6%
Nov
•
Corp
July
31%
,
Dec
1% Mar
—
1
18%
7%
Manufacturing common-- *
Reading Tube Corp class A
—6.25
Rlc Co—
Regal Shoe Co—
-*—1
Lawrence
6%
Jan
26
2,300
10
19%
1%
1%
114%
l
Jan
400
2
28%
•
Dec
12
8%
Reed Roller
St
Dec
■,
26%
—
•
:
& Co common
Sterling Aluminum Products
Sterling Brewers Inc.—
SSterling Engine Co_„
Sterling Inc
Jan
5
4'A Mar/
28%
l
33A
10%
1%
5
Aeronautical Co
Consolidated Petroleum
Ryerson & Haynes common
5/
4% May
v
io
Co Ltd
29% Aug
14% Mar
10% M&r
35%' Jan
300
1,100
%
9
21%
3
16%
20
/
—
1
•
——
Steel Co of Canada
Stein
7%
1%
Kavtheon
Royalite Oil
Oct
-
4% Nov
10
"
1
Oct
92
10 %
*
Russeks Fifth Ave common
,
2%
2%
16%
9%
3
1
Dec
•
...
2%
16
30
400
2,000
1,800
500
39 %
%
8%
^
21%
•
75%
300
—10
Standard-Thomson Corp
Feb
41
9
35
92
ioq
Field
Jan
Nov
33%
100
„
__
Standard Tube class B
Jan
R
(The)
4
94
>
-
% Feb
700
—
38%
2%
2%
—1
preferred
24 %
9% Mar
Aadlo-Keith-Orpheum option warrantsRailway 8c Light SecuritiesVoting common
io
Railway & Utility Investment A
l
Rath Packing Co common,_10
Raymond Concrete Pile common
x*
Roosevelt
Nov
May
Oct
3
1,600
36
19%
—
Standard Power & Light com
Common class B
•
Rotary Electric Steel Co
20
Apr
Feb
7
37
28
28%
'
—
2.76
Tobacco Security Trust Co Ltd—
Amer dep rets ord regis—
Rowe
Jan
270
Dec
Sep
8%
%
15,50j0
3,500
2%
25/8
—
3,100
2,400
8%
1
Amer dep rets for ord reg
Rome Cable Corp common
2%
—
35
l
50
8%
1
Rochester Gas 8c Elec 4% pfd F
Roeser & Pendleton Inc common
Jan
37% Aug
8% May
Dec
88
2,500
19%
35
__
10
Jan
25
8%
2.50
Rio Grande Valley Gas Co—
(Texas Corp) v t c—
222
.
1
3%
%
5
Rice Stix
Tl%
May
25%
>
9%
3
24%
(Ky)
Feb
•
(Robert) & Co
Reliance Electric 8c Engineering
17%
14% Jun
:.
•
19% Nov
__
270
--
—...
—5
1;
Jun
Oil
Dec
*
preferred
Dec.
6% Mar
200
228
27%
24%
Texas Power & Light 7%
convertible
Apr
3%
—
—
^25
25
-
Standard
Technicolor
$3
11%
1,600
7%
73/8
1
3%
Dredging Corp common
1
$1.60 convertible preferred—:——20
Standard Forgings Corp
1
8%
12
5%
loo
common
200
%
4
222
9%
Standard
58%
4%
12
5%
_•
Oats
13%
3%
Jun
108% Ape
22% May
Dec
13%
—
25
25
—25
Co
Brewing
36
25
24%
;2.50
preferred
Jan
18% Apr
11%
July
76
Edison—
Standard Cap & Seal common—x
Convertible preferred
3,900
68
22
"5%
100
6%
104
Oct
17
Dec
900
12
•
600
65%
lo
preferred—
Quaker
120
„
„
—1
Oct
~2%
Nov
36
67%
_1
Quebec Power Co
105 %
22%
'
M^y
May
4
Feb
53%
—.
—10
9%
Feb
11%
2%
25c
Manufacturing
3,100
—
•
'
common
541/4
__
12.50
common
Pipe Line
29%
Aug
2
11
5
>
16
12% Feb
531/4
227%
1
Spencer Shoe Corp.—.
$7
50
common
joo
200
Dec
.
Stahl-Meyer Inc
11% May
6
Jan
2%
common
Oil
Pa
Southern Pipe Line
Southland Royalty Co
July
9%
2%
America—
cumulative
Pyrene
50%
3%
1
Colorado—
Co
Jan
v
9%
Puget Sdund Power 8c Light— !
$5
prior preferred
Puget Sound Pulp & Timber com
Pyle-National
Jan
5%
2
common
of
54%
Dec
50%
—_1
Producers Corp of Nevada
Prosperity Co class B
Providence Gas—
Public
Majr
3
"3%
50
19%
14%
105
15%
x2% Nov
1,500
19%
__
•
1
4.56% conv preference.
4.48% conv preference
4.32% cum preferred
_
;
of
39
1,600
•
common
Inc
6% May
400
1,600
3%
3
•
1st preferred—
8c Lambert Co—
Pratt
Dec
4%
40'A
3
*
common
Corp of Canada
4%
4%
39%
40
50c
shares
47/a
1% May
15% Oct
Jun
250
__2.50
Mining Co
Power
Oct
1%
20
common
Alexander
Dec
8%
100% 101 %
100%
1
Pleasant Valley Wine Co_
&
28%
3,400
*
Pittsburgh Bess & Lake Erie RR
Pittsburgh 8c Lake Erie
Pittsburgh Metallurgical common
Scale
Dec
0% Mar
~6% ~7%
•
Amer
Nov
Dec
35
100
—
original preferred
4.88% cum preferred—:
26 % May
24
2%
Jun
.
;•
5
Jun
~6%
100
Southern
Aug
49
40%
100
24
4
Nov
21%
100
2%
Pioneer Gold Mines Ltd-
Piper Aircraft Corp
Pltney-Bowes Inc
2'/a Nov
1,400
Southwest
Jun
113
85
873A Jun
5% Jan
Feb
13%
4
——1
Co
South Penn
'24
l
common
Johnson
Powdrell
3%
45%
25
_
Feb
2%
—
;
100
Corp
14% Aug
Nov
1% Nov
1%
Oct
Jun
19% Jun
2% Jan
75% Mar
2% Nov
4,000
12
•
1
—
Manufacturing common
South Coast Corp common
28%
3%
45%
2.50
Governor
15 %
•
Boss
Sep
4%
__
_1
SSolar Manufacturing
Sonotone
May
24% May
4%
dep rets ord regis——„ £1
Oct
31
Feb
50
,
700
__
Publications—
19%
Nov
Nov
74
100
,
>
Sioux City Gas & Elec Co—
Oct
4%
Mar
17%
80
3 %
——2*
Philadelphia Co common
Phillips Packing Co
Pneumatic
500
.15%
•
Co
Pharis Tire & Rubber
Polaris
15%
9%
250
28,100
~
Penn Water & Power Co
Pinchin
11
21%
Sep
27% Jun
2%
54
*
——
Simplicity Pattern common
Simpson's Ltd class B——
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer
Feb
2%
•
——*—
Simmons-Boardman
24%. Jatf
4% Maj)
13%
Dec
%
—*
class A
common..
15'/a, Dec
1% Mar
15.
Jun
.
3%
10 % Mar
11
Dec
100
preferred
4%
Sherwin-Williams of
Nov
4%
—25
common—
Solar Aircraft Co
34
Feb
78
1%
—•
3.90% preferred——
Smith (Howard) Paper Mills.
July
Sep
25% July
76
78
,■
22
2%
——8
2%
Shawinigan Water & Power—__
Shelter Mfg
Co.—,—a.
:
1.
__
97
Mar
11
2
Pep Boys (The).
Pepperell Mfg Co (Mass)
Perfect Circle Corp„_
Pierce
10
21
21%
__1
common—
23
Jun
75 %
3
34
Feb
1
1
-
:
17 %
Jan
2%
30,000
3%
1
Penn Gas & Elec class A common
Penn Power & Light 4%% pfd
Traffic
3%
106%
12% Mar
23%
Penn-Dixie Cement warrants
Penn
100
a
—
common
$1 cumulative preferred
$1.32 cum preferred
15%
15%
15%
_5
„i
Telephone
Apr
75%
—
Shattuck Denn Mining
Apr
32% July
Mar
101
91
*
3%
Ltd™
Co
29
300
•
Parkersburg Rig & Reel
Patchogue Plymouth I Mills—
Peninsular
200
*
—.
Corp
Co
Pen
2,100
36
100
x
.
Page-Hersey Tubes commonPancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount Motors
10% May
Jun
30%
104
*
Feb
32%
104'A
29%
—25
6%
34%
33%
34Vs
_25
5%%
Pacific
200
7%
7%
7%
.3
19%
25
$3 convertible preferred
Pacific Can Co common
18%
—1
1
Control
Safety
Sentry
50c
Corp
19%
1%
2%
Dec
10%
1,200
15%
5
Serrlck Corp class B
Seton Leather common
Ogden
1%
15%
High
26 %
V500
500
4d0
5,700
50,
6,400
16
Allotment
Oct
Oct
.
15%
„
„
$5.50 prior Stock
certificates
Jan
9%
Low
1% ;
1%
•
1—
'
stock
Convertible
1%'
—
Rang• Since January 1
2,000
27
17%'.
17%
—
-1
Segal Lock & Hardware—
Selby Shoe Co
——
Selected Industries Inc" commorf—'
13%
Dec
•
for Week
Shares
High
26%
—
Securities Corp General——«—
1
Seeman Bros Inc—
———•
Sep
103
Low
.—25
—
conimon——
Co
Sales
Range
of Prices
Par
Manufacturing
Feb
,7
12%
.Week's
Last
,
Exchange
Curb
Scovlll
7% Nov
19,500
11%
14%
8%
10%
2%
3,700
York
New
High
•
,
3A
Mines—
———*
North American Utility Securities
•
North Central Texas Oil
8
Northeast
Airlines
1
North Penn RR Co
—50
Northern Indiana Pub Serv 5> pfd-100
Northern States Power
(Minn)
*
Low
High
Low
—-5
Amer Light1-& Power common—l
American Rayon class A
-*
Nlpissing
Friday
Sale Price
STOCKS—
.
Range Since January 1
Shares
ef Price#
Par
EXCHANGE
WEEK ENDED DECEMBER 24
FOR
for Week
Range
Last
Sale Price
Exchange
Curb
CURB
Monday, December 27, 1948
Sales
Week's
Friday
STOCKS—
York
New
CHRONICLE
& FINANCIAL
3%
Jan
July
Jun
5% May
Mav
Volume
NEW
Friday
STOCKS—
York
New
Low
Par
U
S
Radiator
United
Stores
Corp
Insurance
Isarco
A 7s
Nov
.45
2 %
2%
3,100
400
35
Last
Period
^
Bale Friee
A7s ex Nov 1 1947 coupon
Altalian Superpower 6s
3% May
July
Oct
100
22%
29
Jan
Kansas Power
2%
4,200
2>A
Jan
McCord
207/a
207/b
21'A
800
Nov-
3%
Dec
19 3A Mar
Low
Valley
J-D
104%
1047/a
J-J
$108'A 108%
107
109 V4
1956
r-A
$101% 103%
101%
103%
i-o
$101
t
—
RR—
to
$63'A
65
58
1967
ms
1961
u-N
2004
J-D
103 Va 103 %
1
1968
A-O
106
106 %
10
1971
A-O
102'A 102'A
2
N
*4 convertible
Venezuelan
preferred
10
Jan
Sep
98
Y
5%
5%
57/8
Nov
10'A
Jun
2'A
Dec
5'A
Jun
4,800
2%
2 %
2%
Westchester
&
1st
Power
Ltg
2,500
•
15V2 May
121A July
1st
mtge 3s
Park
Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3'As_1964
*
3'As
Hydro-Electric
A6Vis with Oct
W
•
1%
1%
preferred
Waitt & Bond Inc
$2
Waltham
Ward
Watch
Co
Tablet
&
Stationery
com
Westmoreland Coal
10
:
Weyenberg Shoe Mfg
Whitman (Wm) & Co
1
Wichita River Oil Corp
;_10
Wilson
5 %
Brothers
preferred
1%
6%
2% Mar
V
100
1%
Nov
,
112
.
10
pfd__
:
„
—
24%
ms
$113
—1951
a-o
3s_—1965
u-s
14%
_
14%
14%
.
»A July
25%
Jan
Sep
18%
Jan
Dec
16%
1st
40'/a July
Jun
Jan
18%
100
17"% Mar
9
9
100
6%
Feb
11
6%
6'A
300
5%
Nov
11%
9%
9%
100
9%. Dec
9
1st & ref M
4%
24%
Spalding
5
200
15
15
400
14
Jan
19
200
17
Feb
29
100
—
10%
8
10'A
—
200
Terni
103
Sep
United
14
Jan
United
Feb
9%
American deposit receipts
5s
6%
£1
preference
Wright Hargreaves Ltd
•
7
>■;.
1
—
7': 1%
7
22'A
Oct
6%
Nov
9%
2nd
2
u
10,000
"l%
•
Nov
"2%
May
2
103%
99'A
115
101
113
114
97%
$105*
$101'A
101 %
—
j-J
"3
105%
101
101
101%
„
103% 103%
105'A
103
20
101%
105 »A
$99% 100 Vi
r-A
98
95
101
100'A
$104'A 105'/4
u-N
105'A
95
95 'A
104
1950
A-O
$121
126
1968
A-O
$64
67
63
J-J
$20
25
16
30%
A'-O
$20
24
16%
30
30
30
$12
j_
1946
■
114Va
122
75
•
1948
Electric Service
with Dec
ex
Dec
1
A 5s
income
4s
1949
100%
J-D
19
38
100%
100% 100%
103'/«
Co—
1940
1947
1
1956
18
28
$25
1958
coupon
coupon
27%
$12
Hotel—
debs
1954
renn
Electric
West
Penn
Traction
5s
M-S
1964
—•
Washington Water Power 3 Vis
West
J
160
68
103'A 104'A
103%
j-j
1970
-
Electric Co of N J
Waldorf-Astoria
1
H£
34
145 Vi
99%
a-o
-1989
stamped
A 7s
Jan
100
19
93
Hydro-Electric Co—
Jan
13
—
106
—
3'As
Elec
&
trust—:
A 7s
•
99%
A6'/2s with Aug 1 1940 ccupon__1958
A 6 % s ex Aug 1 1947 coupon
1953
Nov
95
—
(Calif)
Corp—
stamped
(Hugo) Industries—
A7-4s
7% May
Gas
3rd
Stinnes
Dec
Feb
3%
105%
103
(Hugo)
A7-4s
May
29
103%
103
1970
Corp inc 5s
12% Mar
29
82%
2
146'A 146'A
$102
F-a
_1973
3'As—
Gas
5s
collateral
5s
Jan
B__
ser
Gas
(A G)
AStarrett
May
3
26%
1971
Southwestern
Jun
1973
a.
3s
mtge 3s
Stinnes
18%'
•
29
2%
Edison
3%s series A__
Counties
14
150
California
Southern
Southern
Mar
—
mtge 3s
May
33
—
inc
California
Nov
108
103 »A
$101
Steel
Southern
20
—
..
-—
2
Woodley Petroleum
Woolworth (F W) Ltd—
—1952
Joaquin Lt & Pow 6s B
Scullin
Apr
•
Inc
u-n
May
161
104
104'/a
$12
J-J
10
Feb
140
'■
:
$25
1960
A-O
115%
Jan
101'A
Co—
1998
2% May
6% Mar
1,300
—
150%.150%
,
coupon—1960
coupon
1953
*
1
107%
100
$104% 105'A
San
Apr
7 % July
'
25
w
Industries
1%
,
7'A
7
~v'
1
common
common
Wisconsin Pwr 81 Lt 4%%
Woodall
2,050
* 7
5
Inc
w
Dec
12,600
93
106
104
104% 104 %
J-J
Safe Harbor Water Power Corp 3S-1981
Jan
Jan
1
Willson
Winnipeg Elec
1%
2
4
2%
93
J-D
67
102%
Co—
1940
5Vis series A__.
Feb
13
*
(The) Corp
Williams (R C) & Co——;
"
Nov
1
Wickes
Products
Apr
8'A
•
20
Westmoreland Inc.
July
1 VB
550
1%
1
Oct 1
6% debs
Borough Gas & Electric—
Queens
11% July
110%
3,200
3%.
___1.25
preferred
•
Western Maryland Ry 7% 1st pfd—100
Feb
1%
1%
$6
ex
50-year
3% May
Nov
106
9%
3%
Aircraft Corp
Wentworth
Manufacturing
Western
1%
8
'
—~
1%
1
Utilities
200
9
Baking Co warrants
Texas
900
—.
30
Warner
West
«
1
preferred
cum
1%
9%
9'A
100
1947
6Vis
Public Service Elec & Gas
1%
Wagner Baking voting trust ctfs ext_*
1
A
17
$103% 105%
J-J
1970
Piedmont
Waco Aircraft Co
4s
mtge 3'As
10334 104 Vi
104
Jan
5%
1
20c
Inc
Vogt Manufacturing-
Nov
1,000
5
Petroleum
Venezuela Syndicate
5
67
6
25
1969
».
4Vis
England Power 3'As
Ohio
5%
17
15'A
'18
17
Milwaukee Gas & Light
1
28%
16
$12
J-J
New
common
High
1966
3Vis
Light 3%s
Extended at 4%
Valspar Corp
Low
20
1963
Corp deb 4 Vis
Midland
22% May
&
No.
High
27
+25
1952
Range Since
January 1,
Sold
1963
Electric Power
Kansas
233A
24%
2'A
Bonds
Friday's
or
Bid & Asked
Hydro-Electric Co—
1 1940 coupon—1952
19% Mar
.
Exchange
with Nov
24 %
5
•
Sugar
Utah Power &• Light common
Sep
Jan
2%
10
Utah-Idaho
8%
3
40 'A
2%
40
-10
Universal Products Co common
Dec
Apr
Sep
38
„
10
Curb
1
5 V2
600
5%
York
High
Lou)
High
5%
5%
50o
Oil
New
Range Since January 1
1
com
Universal Consolidated
Universal
Co
Week's Range
Friday
Interest
BONDS
Share*
37
24
DECEMBER
1%
1-
common
U S Rubber Reclaiming
(27131
-
EXCHANGE
ENDED
for Week
Range
of Price*
Sale Price
WEEK
FOR
CHRONICLE
Sale*
Week'*
Last
.
Exchange
Curb
CURB
YORK
RANGE
FINANCIAL
&
COMMERCIAL
THE
Number 4763
168
J-D
72
86
106
108
102'A
108%
117
120
82%
82%
107
107
$108%
_2030
A-O
1860
J-D
118% 118%
1959
F-A
100% 101
—
:
5s
.
'
Western
Newspaper Union—
6s conv s f debentures
Friday
BONDS
York
New
Curb
Week's Rang*
Interest
Last
Period
Exchange
Sale Price
or
Friday's
Low
Appalachian Elec Power 3'As
1970
Associated
1953
'
J-D
J-J
Electric
Assoc Tel &
Atlantic
Bell
4%s
Tel deb
5%s A
*—1955
City Electric 3 Vis
1964
96 Vi
Jf-N
January 1
Low
No.
9
102 Vi
96
65
101
__
96%
101 '/a
6
96
105% 105%
__
/-J
High
1
103%
i
7-92%
High
108
Foreign Governments & Municipalities
1007/s
104
106%
Telephone of Canada—
5s series C
Bethlehem
Boston
1960
Steel
J-D
•'
6s
1998
1970
3-D
$108% 110
—
Q-F
2%s
Edison
108'A
__
$160
165
;
100
100
4
100
■
155
98%
111
BONDS
New
York
Curb
Interest
Exchange
Period
1948
J-J
88%
87
88%
21
81
97
A
1954
M-S
92
90%
92
48
82%
99%
(20% redeemed)
5Vis (20% redeemed)
Cities Service
Jan
5s—:
1966
M-S
105%
105
105%
4.
104
1953
A-O
104%
104
104 %
8
103
105'A
Debenture 5s
1969
Jf-Q
106
106%
12
Agricultural Mortgage Bank (Col)—
A 20-year 7s
April 1946
A20-year 7s
.Jan 1947
Bogota (see Mortgage Bank of)
106
Debenture 5s
Debenture
Consol
3s
1977
Gas El
Lt
&
2Vis conv debs
Consolidated
1981
Gen
Q
City)
(Bait
A-O
Af-N
87
85
87
$104
105%
107
197
ACauca
107'A
78
106%
Cons
99%
99%
3
99% 100%
14
96%
101% 102%
34
101'A
100%
1
—
97%
a-0
$111%
—
111%
—
A External
100%
N
J
115
Division—
Af-N
1st mtge 4s ser A
1993
1993
May
1985
J-J
1950
u-s
mtge 4s ser B
►
3%s
Si Fuel
Elmira
Water
Ercole
Marelli
Lt
& RR
Elec
A6Vis with Nov 1
A6Vis
ex
Nov 1
5s
Mfg
61'A
61'A
48
48
98 Vi
98%
88%
62
{111%
7
•
1940 coupon—1953
J 26%
1953
1981
M-S
1950
J-J
1963
J-D
1958
J-J
Mountain
6sTJ
Indianapolis Power & Lt 3'As_
6Vis
A 6
A 7s
28
24
Vis
(Dec 1
(Aug
series
A 7s
1970
1941 coup)
150 %
54%
U-N
F-A
1952
J-J
—
M-S
—
70
—
70
70
$67
69
39%
58
84%
66
1
—
stamped
5'A
5'A
1
6%s stamped_1958
(Plan A)
reduced
to
2%s
14
78
5
$24
35
26
35
v*
/
~
2008
U-N
1951
7s
$12%
8
J-D
,
—
—
W
$41%
—
—
—
—
103%
__
—
112%
Mortgage Bank of Denmark 5s
1972
J-D
—
2008
J-J
—
1997
J-J
14%
2%
2012
J-D
—
6%s
1919
M-S
1921
J-J
.
$28
$61
64
J
31
1
$41%
Af-N
1947
1927)
Oct.
15
;v
v
V:
'
—
(issue of
'c
12
—
Parana
31
1
1957
F
1952
30
39%
'42%
42
-
44
44%
22
62
27
81
stamped
(Plan A)
to 2%s
103%
61'A
1
56
61'A
"104% 104%
1
103%
2
17%
28
__
25
27
de
A 5
;
2%s (ser ABODE)
Janeiro
ARussian
Vis
14%
75
$23
1%
1%
24 %
l'a
1%
99
6
13%
15%
18
1,4
1%
24
3%
3%
(Plan A)
stamped
reduced
to
Government
14%
—
1%
__
"No par value,
a Deferred delivery transaction
(not included in year's range),
d Ex-interest,
Odd-lot transaction
(not included in year's range),
f Ex-distribution,
g Ex-stock
div.
h Exprincipal. n Under-the-rule transaction (not included in year's range) ,
r Transaction for cash
(not included in year's range), x Ex-dividend, y Ex-rights,
z Ex-liquidating dividend.
.
^Friday's bid and asked prices; no sales being transacted during current week.
A Bonds
being traded flat,
§ Reported in receivership.
' V".
'
' '
36
17
$26'%
(Republic of)—
Interest
102%
102
j-d
35
-
32
35*-
32
32
$34
f~a
38
32
j
-
35
33%
*34
17%
2
106'A
35%
—
■
34%
17%
33%
16%
36
$32
1952
1
__
35%
17%
34'A
Interstate Power Co—
ctfs
Rio
61
100%
16
61'A
1957
escrow
31
—
—
102%
102
u-n
38
—
102'A 102'A
,
1955
coupon)
(July 1941 coupon)
A Debenture
36%
e
-—1958
1941
6 Vis
Interest reduced
Sec—
C
series E
A7s
A7s
series
$35
A-O
A7s
is to
4s
Trunk Western Ry
Green
A
__
J-D
.
J12
3%s—
stamped
Grand
International Power
J-D
1947
-48
Finland Residential Mtge Bank—
Guantanamo & Western
■
Co—
1947 coupon
Power
62%
61
—
*
stamped
Mortgage Bank of Bogota—
A7s (issue of May 1927)—
Peru
5s
65%
—
1931
65
29%
97%
110
High
61%
AMortgage Bank of Chile 6s
55%
1
15
—
.
1953
City (Peru)
Maranhao stamped
AMedellin
A 1st
Eastern Gas
Lew
—
—
109
Interest
of
J-J
$60%
$60%
'
Danzig Port & Waterways—
101
Delaware Lack St Western RR—■
Lackawanna
January 1
No.
V„
1955
1
ALlma
1954
'
High
Loan—
5%s
5s
,Low
Range Since
Bonds
Sold
Bid & Asked
,;■■■
A-O
1948
7s
Municipal
External
External
—
mtge 4Vis
Valley
Danish
88'A
102
—
T
Gas
J-J
1962
ref mtge 2%s ser
1st ref 2%s series R
1st
—
J-D
1976
(Bait)
J-J
1969
Pwr
ref mtge 3s ser P
1st
Last
Sale Price
•
A5s
Week's Range
or Friday's
Friday
168
102%
SCentral States Electric Corp—
•
104
Range Since
Sold
104% 105 Vi
105%
7
' Bond*
Bid A Asked
98'/a
•
tive;
j-J
64%
65'A
17
55'A
75
"w
Abbreviations used above—"cod," certificates of deposit;
"conv," convertible; "M,"( mortgage; "n-v," non-voting
i,"
when issued;
"w w,"
with
warrants;
"x w,"
■
"cons," consolidated; "cum," cumula¬
stock; "v t c," voting trust certificates;
without warrants.
•
Slock and Bond Averages
Below
listed
on
are the daily
closing averages of representative stocks and bonds
the New York Stock
Exchange as compiled by Dow, Jones & Co.
\
.
Stocks-
—Bonds-
10
30
Dec.
18
Dec.
20—.
a.
.:
Rail¬
Util¬
trials
Date—
20
Indus¬
roads
175.69
15
Total
10
Second
10
65
Indus¬
Grade
Grade
Util¬
40
ities
Stocks
trials
Rails
Rails
ities
Bonds
52.89
33.20
64.03
100.88
100.99
90.08
102.31
98.57
98.56
10
First
Total
176.84
52.75
33.15
64.22
100.89
101.07
89.95
102.32
Dec.
21—_____
176.35
52.60
33.14
64.07
100.94
101.09
89.87
102.27
Dec.
22—
176.39
52.72
33.05
64.08
101.07
101.07
89.67
102.31
98.53
Dec.
23
176.49
53.12
33.13
64.25
101.11
101.50
89.22
102.45
98.57
Dec.
24
177.42
53.53
33.20
64.59
101.14
101.57
89.36
102.50
98.64
—
98.54
i!
38
(2714)
THE COMMERCIAL, & FINANCIAL
,
OTHER
!■
.
•
2;
3.50
100
16%
Mar
12 >
l.oilr.
High
-
Dec.
13;
302 *
18
3.50
—.
410 r"
3.75
15
*
21-
8 Fidelity & Guaranty—
Western;National Bank.—
—50
21
40
29%
-21
2
Casualty
"
29%
5
49%
50%
42
42
42
::
•
>
1
Apr;
Deo?
28),
Feb
30%
44
.
%
_50:v
38%
38%
-10L
1975
5s series A—
-45%
1975
4s
53 %
49
,
$13,000
13,000
55
Mfg
Corp,-
Paper
common—
Corp.
'■
Feb:;
52%
_.5.
-10
Jun-;
43
Jun
68
Jan
45
Jun
77
Jan
Goodyear. Tire
Gossard Co
&
Rubber
Dr
Exchange
stocks—
Range
of Prices
American
Agricultural Chemical
*
Refining—
i_100
Tel
American
Woolen-
Anaconda
Copper
Boston
i
&
&
Tel—
12%
6;
7
Boston
*
25
37 '/a
38%
18%
19%
405
—
100
7%
Drior preferred
5%
Boston
Personal
Boston
!
100
—
1st pfd stamped
&
8%
<
Cities
100
32
4
Dec
Street
Co
275
43%
45 %
305
31%
—100
26K:
20 y8
34
„
Stores
General
L*
Electric.
—1
(Del)
6%
System—
Tel
&
49% Mar,,.
38.90
Feb
Fob
7
20
Oct
1
9
—-50
Association
•
Inc
*
8%
«
9
,
81
41c,
16
110
1,000
8%
78%
106
-
16
6%
4,796
81
1,038
65c
,
40
2,000
106
10,
16%
1,539
6%
50-
60%
Dec
4%
15
5%
350
15
400
13%* 13%
34
168,.
X33% X34
48
Hart
7% Sep
14%
25c
7%
13%
55
Mfg
12 %
Nov
Dee..
Nov
Nov
16
Dec
22% May>
3%
Feb
4%
DeC
7% Mar
1
May
85c
Apr
Jan,.
13 y8
Feb.
?
11% Macsx33 %
16% Sep?
18 yd July
Dec
41
May
Now
42
\
Feb"
58% May
1,750
48
Nov
62%
34
,
i
39-
180
38
Dec
49%, Jun
139,
12%
Dec
15%
23%
24%
970
23%
Dec
33%? Jun
Jan
V.
Advanced Alum Castings
Aetna
Ball
Allied
Laboratories
American
Armour
Tel
&
Asbestos
Avco
Bearing
&
Co
Tel
Co
Co
capital
4%'
17
149% 150 %
1,200
148
149%
6%
Roebucl?
Secur
Convertible
Container
Corp
7%
150
4%
Feb"
7%
16%
Cent
&
S
W
35
Towc-1
Co
For
(Thei
Co
common
i'nc__
page 46.
Nov
36%
Oct
Laclede
Feb"
24%
Nov
16%
16%
100
15-
9%
1,850
7%
8
2,050
•
19
Jun,
10
May
7% Mar
6%
Apr
MayMay
Jan
10
19%
450
19%
Dec
24% May
12%
13%
400
12%
NOV*,
21 %
16%
Dec
22
—
800
16%
5
100
4%
170
32
29%
39 VB
13%
14
26
25
26%
12%
12'/2
250
22%
7%
150
10%
Feb
15
450
25
Dec
11%
Feb
34% July
14% July
i
600;
15%
800
6
150
450
7%.
2%„
39%
July
Feb
6%
7%
35
Feb
32
20%
-
Jan.r
Jan
May
6% July
27%
50
22%
6%
20
*r30"
-
Feb;?
20
v
3
39%
x37%
400
12%
100
12%
Oct)*,
Jun-
32'
8%
Dec
!
Dec
29
Jan.
Aug,
14?,
May
37/a Jun
2-% Mar.",
800
39'/B
12%
Feb.
Nov/,
43
Nov
,
7%
1,100
34% May
1
Feb*
53
Nov
16% May
Jun
1
6%
6
6%
33
33
5
10%
29
-
"9%
dep.
9%,
1,200
38%
Sep
10"
500-
Now
13
Dec
36%
Dec
21Va' Jan
r
■
.
9 %
July
*
Jan..
.'
;!
xl3%
2
23%
*
•
14%
71
13'/a
Dec.
21%
Jan*
20 %
Now.':
37
Jan
150
43 %
Dec
48
41
500
37%
Now
43
10%
„
700
2,100
43%
40%
10%
200*'
707/a
71
400
68
22
,J23%-
-
9% Nov
Mar '!,
Jan—c
-
24%
500
23%
13
10%
13
200
12%
Dec.
18 Va
10%
10%
450
10;
Feb'
"11%
•
33Va
Dec
Oct
18% May
867/a Oct
23%
*
^
13%
43%
Jun::
May
Jan:;
San
1
com—*
2%
8
14%
200,.
8
25%
.
500"?
33
25 Va
25%
'
4% May
9%
33%
16% May
800
30%
Feb
41
600'
33%
13%
13%
12%
13%
13%
Jun
Feb
23%
Nov
30%
12%
39%
12%
Nov
10V4
Feb
Oct
18%
Nov
500
May
118% Aug
Febt
200
1,100
«■
32% May
92% May
•
25
Dec
12%
••
100
new—
2%
6% Oct
3,100;
14%
32%
.50
—10
2%
7%
14
Jun
"
Inc
(The)—.—*
11
11
1
8
8%
100'
•
600
"19% May
14%
6'/a .Feb'*
&
7%.
7%
400
4
1
Radio
7%
7%
400
5% Marv
Va
Jun
10%
Jun
12% July
Jan
10% July
*42%
39%. 39%
11%
11
3
2%
3
900
2%
Dec
14% July
5% Jan
4
5
5
5
700
4%
Feb
8 % May
Light
Nash-Kelvinator
53%
Sep
North" American Co-
54%
500
45%
Feb
66 %
July
44%
100
44
%
Dec
62
Apr
18
100
16
Sep
18%
15%
Jun
11%
500
31% Mar
500
11
Nov.
May
•
Apr
8%
8%
2%
100
8%
Dec
2,000"
2%
Dec
6
250
1%
Feb
2%
100
10%
Feb
York
Packard
Pan
Motor
American
•
•
15%
12
Nov
26%
Jan
Nov
14 % May
64%
Jun,
66 r Mar
32
Jan
64%
50
34
34
33%
*
73
111
53%
44
5%
28
73%
111
53%
10
200
8%
14
26%
75
64
25
110
50%
45%
300
32
5%
200
50
5 %
23
Feb;
Dec.-
,
800
28
RR
5
capital—
Co
Car?
*
Airways Corp^.;
,i__
new
_2'/2
Oil-Co
Radio
Corp
15
12%
14% Mar
700
.33y2
4~%
~4
83/b
"4%
8%
23%
900
Dec
Nov
5% May
11% May
18% Mar
300
8%
8
J»n
8 %
900
18% July
26% May
23%
7% Nov
30%
30%
x25%
100
Jan
45
Feb
•
,
Jun
42
42% July
•
common
Jun
Feb
4
2,400
8%
23%
8%
!_*
(The)
21%
12%
200
12%
14.3/4 Mir
1
com.
—
Inc
Pure
14%
12%
10
Paramount Pictures Inc
Pullman
J
May
Jun
Jun
Feb-
64%
33%
May
Dec
9%
3,000-
Jan
!
Corn
Central
July
38
Apr
41%. Sep
80
,
Jan
115% Mar
Standard
Steel
63%
Jun
Sunray
7%
Apr
United
29
Jan
common.*...*
Studebaker
Oil
N J
Wilson & Co
common
;
common
100
4%
8
800
26Va
13
7%
15
Oct
11% May
Feb
33%
23
500
4%
Dec
26%
5
Sep
.
Oct
7% July
15
17
16%
17
8,800
:
25
72%
71%
73
7,950
;
__i
Feb
32% July
23
Jun
69 %
Feb
91
11%
1%
!
Feb
6%
300
7%
26 Va
1
common
Spring..
Corp
Corp
Corp
13%
7%
*
2>/2
Corp
Oil, of
Standard
FebDec
Aug
America
Schenley Distillers Corp
Soconv Vacuum Oil Co Inc.
65
Jun
Steel
Rexall Drug Inc
Nov-
%
of
Radio-Keith-Orpheum
Republic
-
»
Jan
28%
3,300
9%
9V4
Dec
27% Mar
200
10%:
28%
6
1,800..
39^3
13%
700
45
19%
1
Dec
10%
5
250
5
9%
10%
*
Jan
23
_*
850
75
10
37%
1
Co
10
11%
53%
17
Dec
13 % May
14%
2%
Dec
•
Utility Corp.
15% Nov
6%
14
33%
Feb'
11
29
38%
5
.:
May
22."
100
32
2
!
Oct
30-
-
Feb
Motors
Dec
*
common
footnotes see
31
*
preferred
Club Alum Products Co
Public
Graham-Paige
1
Chrysler Corp (new)
Cities Service Co common
Coleman
Electric
General
Jan
10%
*
Convertible
General
40-7'Mar
20 %
9% Mar
1%
*
Chicago
Jan>
Nov
12%
15
Apr
300
29%
5
—
200
11%
com
7% Mat:;
12%
*
Aug
Gas
Jan
11
————.1
Television
16>
f
9
30
5
•
Co.:
System
13%
Oct
Nov
16%
.»*
Curtiss-Wright
Pepsi-Cola
14
St
Ry
1,350
2%
50c
5%
\
Jan
19%
13%
*
common..
Motors
Farnsworth
13
29
"7%
1
.,.——
common
6%
1%
5
Gas
29% May
10% Dec
Dec
5,700;
39%
& Santa Fe__.
Steel
Dec
9%
9%
16%
1
17%
--
10%
rr"','-'-
&
14%
11%
L—
Pacific
200
Dec
25
Radiator
30
18
22%
300350
22%
•
Air Lines Inc—.j-z.
14%
1
common
&
35
—_*
com
Chicago Electric Mfg class A pfd
Island
1,050
1,100
2,100
com-—
Unlisted-Stocks—
44%-
53%
.1
Chic
Rock
34%
9%
*
10
common
preferred
20
350 ■'»:
15%
Jun
25%
—*
Inc common.
6%
—
.12%
1
Cherry Burrell Corp common.
Chicago Corp common
Convertible
36.
xl4%
74%
11
29
•
Bankshares
Continental
Oct
'
5
preferred
Util
16%
35
-
21 %
Jan
25%
—,
Columbia
7
14%
Dec.
44%
50
Westinghouse Electric & Mfg com—12%
Jun
May
7%
—*
15%
150
350
5
Pacific
r
Jan
100
1
new
U S Steel common
Canadian
-
15%
10%
Salle St
26% Jun
15
10%
14%
common..—
Certain-teed Products
158%
19%
Dec
10%.
^50
''
Bethlehem
% May
11% July.
t
Dec
8
'
Corp
Wieboldfc Stores
Jan
Jun
Jan
12
14%
Corp_-_J
•
Union Carbide.&.Carb capital (new)—*
United Air Lines Inc.—
10
:
8%
34%
14%
Dec
7
,
Jan
2% May
-
50
14%
common
La
Nov
Sep
600
-
6%
common^
(The) common..
South
1
26%
8%
1,000
6%
capital
Corp
Dec
8%
6%
25
New
capital—
Corp
Dec
_
5
'■
fr"
I
2% May
1
Burton-Dixie Corp
Biscuit
Nov
Mar.'.
6%
6
Dec
5
Co
Dec
53%
1;
common..
12% May
1%
—*
5
Apr
Jan-.
20
208
;
10%
12
8
9%
Thor Corp
!l
850'
10%
2 %
..
capitals—
&
7%
7
„5
common
Atchison Topeka
500
10
111
3,500
42'.'
July
23% Mac
4
.
1%
10
RR
Co. (The)
200-
23%
10
t
Dec
1%
Borg (George W) Corp—
Borg-Warner Corp common
Carr-Consol
7%
High*
22%
1%
1
Central
Feb
Feb
300
Berghoff Brewing Corp
Binks Mfg Co capital-.—
(E J)
3%
100
18%
100
Feb
9.%
10%
18%
5
common
7%
3
Aviation
Bros
400
Mar;
28
1,020"
9%
common,
Anaconda.Copper Mining—
Armco Steel Corp.z.
1
& Seelig class A cony.^
Bastian-BJessing Co common
Belden Mfg Co common.
Brach & Sons
4%
16% May
18%
1%
10%
*
Swift International Co Ltd ctfs of
Range Since January 1
Low
3,400
10%
5
common
common
Sundstrand Mach Tool
;
23%
.1
American
High
19%
Dec
Feb
400
10%
Alleghany Corp
*
Barlow
Butler
18%
Jun,
May
2%
550-
27 >/4
22%
——
American
*
Manufacturing Corp__
Bendix
Low
19 Ve
Sep
21
15%
vtc„
Swift & Co capital stock
for Week
—5
common?.
common
common—
Mfg
1
Jun
9%
v-
1,250
-
10
y
25
Sunbeam
Sales
Par
—
600
19% May
27%
•,
—
f
'.'•v '
Chicago Stock Exchange
Corp common—-
100
10
Manufacturing
Wisconsin
Shares
2%
9
4 >/2
8
1
11% May
__1
(ex-distrib)
cap
common
Shoe.
Bush
Stone
Apr
12%
Range
20
Jan
„1
com
Inc common
Stewart-Warner
•;
Jan
48%
of Prices
L
Products
Standard Oil of Ind capital—
6% Dec.
96
125
2,574
Last
Jun
28%
51%.
Standard Dredging common.
78%
25c
106-
51%? 52%
Sale Price
12
Dec
19%
4
'
Oct
Jan
May
16%
31%
-1
Sinclair Oil .Corp..—
Society Brand Clothes common.South Bend Lathe Works capital
Spiegel Inc common
j
Jan
12%
STOCKS—
49%
9% Mar
50
18%
*
Trane Co
Week's
Now
Dec
150
30%
4 %
io
Signode Steel Strap common
,,
38%
Friday
18 %
350
11%
~7
Serrick Corp class B common^.
Shellmar Prod Corp common.—
:
Apr
*
24 y8
21
14
150
10%
'■<
St Louis Nat Stockyards capital
Jun
54c
10
Corp—_12%
16% July
20%
31%
10
Sears
Jun
21%
Nov
July
195
51%
39
100
1%
preferred
Sangamo Elec Co
.Apr,
49 y8
51%
100
17
:
11
common.*
common
Potter
Jun
36%
35
,.25
Waldorf
;-r
Glenn
i
5'/a
15
Oct
Sep
800,-
.
Jan
13
Feb
Dec
12
Co
Corp
Pennsylvania
Oct
54 ■■•!
41% Mar
395
15
25c
8
—5
Fruit Co__
10
210
25c
•
Drill
40
47
14%
20
Torrington Co
Admiral
&
(The)
West
&
39 '/a May
Oct
100
System Inc
Westinghouse Electric
new
Penn Electric Switch class A.
;?
i.!-
Jun
40
7 V4
-
Jab
19%
65%
?
18
2%.
•
Peabody Coal Co common
5 %
prior preferred
42% May,.
4%
100
United Shoe Machinery common
U S Rubber Co.;
<
Jun
9
46%
•
,
19%
Octv
250
9 V
1
&
Standard
Oak
59% July
46.35
31% Mar v
28
35
Jan
40
14%
GO% Mar
?
650
9%
20%
——
Cylinder Gas
Nuu
Jan<
Feb,
_2.50
United
——
.corn
Oct.
26%
Feb
Rexall Drug. Co
Twist
Tool
common—
Northwest Bancorp common
26%
Aug >
Feb^
3ya
,__25
Union
135
:
1-6% May
9'/2 Jan
9
17
__
—100
-
common
Modine
19
26 %
42%
—2.50
_
Webster
2,378?
.
317
Quincy Mining Co
&
8%
Jun;'?
Jun
18
17
3
—10
com
National
72% Mar
665
1
Pennsylvania RR
Stone
39 %.
32%
Sept..
4%,
—
North Butte Mining
Northern RR (N H)
Shawmut
10
38%
8%
_5
Electric
RR
Field
Co
$1 prior
Jun
56 y«
Cos—1
Tel
64%
4%
*
Nash-Kelvinator
England
195
,
1- ;
cap
common
Middle
Sep
8% May
55 y8
prior pfd—50
Narragansett Racing Assn—
New
54%
43.20
J a nr.
3 %
'.v7% Nov ;-
"
900
41%
9%
'
•
50
^
10
18
(new)—
Marshall
74
15
—
Mergenthaler Linotype
Service
52%
•'
1
Products
McNeil
Martin
Jun
18
4
Isle Royale Copper
Kennecott Copper
new,*
capital—!
Co
Mickelberry's Food
17% Aug
455
70
31%
*
Hathaway Bakeries-———.
.
1,185
/
43.20
39 %
.
Gillette Safety Razor Co
England
53%
.1
—
60%
230-
21
34.
Capital Corp
Co
common
common
Libby common
Lincoln Printing Co common
Ry24%
National
-
Feb
65
550
58%
9
10
Leath & Co common
Oct
51% Aug
9% Aug
10 /■ Aug
Dec
20%
New;
Feb)
47/a
34
National
Feb
50
26
Corp
13%
34",
45
64%,
10".,
Katz Drug Co common.
Kellogg Switchboard common
4% May
r
Sep
4%
—100
8%
,
15%
1
common
common-.^
International Harvester
Miller
16%
69
8 VB
17%
National
5%-pfd adjustment
Lamson
5
300
47/a
Employers Group Assoc
General
21%
Dec
*
May
110 «'
Dec
14%
Pneumatic
Warrants
July
43% May
Feb
200
16
40
Dec
58'/a
■'
100
Massachusetts
1st preferred series Au—
t
Independent
Libby
5
Eastern Steamship Lines Inc
First
Dec
Sep
5
Service
6%,
36%
»-* OO
43
69*
IIZ100
RR.^
Calumet & Hecla.
Eastern
Central
Indiana Steel
Oct
2-:
5%
Feb>'
5"%
14
Brew
Brick
Dec
127%
Mars
.;
Aus*.
•
10%
82' "•
12%
15%
15%
,
Jun
43
5%
'
2%' Noyi'';'
8
800
17%
Corp
Illinois
Jun
40%
2
5%
•
Prop Trust
Providence
'—j—'
100
850
700
41%
common.
Jun
57
2
■
class A 1st pfd unstamped. —100
cl A
Corp
40%
Nov
5
,
34
.
Dee
6-
*
common..:
Lindsay Lt & Chem
RR—
Maine
Common stamped
5%
52%
Feb
115
2,214
19
100
__
(G)
158%
30%
95,
38%
Dec
Nov.
x33%
315
1
'
36%
147% Mar
253:
118% 119%
6%
12%'
•
Harvey Inc
Illinois
High:
36%
75
170-
2,790
33 y8
'
Range Since January 1
Railway—
.
&
32%
100
Hupp
Low
149'/a 150 J/4
35
36%
High
;
' ■; 29l/a May
'
common';—.*
Corp
Werner
Hubbell
High
37% ;, 37%
i
40%
149%
50
———
Elevated
Stamped
Sales
39'/a
—100
Albany rr
Boston Edison
Boston
1
Lou)
Sugar
American
Hein
Shares
Par
American
Heileman
for Week
Sale Price
-
25
150 ^
;
90
Dk
&
Instrument
Harnischfeger
Last
•,
Jlllyy
■
Mar;,
»40 :••,- x34%: Feb(
2V4
.
■
common
(W H)
Lakes
t
Week's
190
•
7%
'2%
90!-
Fox- (Peterl.vBrewing) <common.——1 %;,
General. Candy class A,
5
45% July
Hammond
Friday
6%-
-1
(Ther)-."..?—
Mills,-, pf. America Inc...
Four-Wheel': Dri^e* Autcr^ti. -L—
Great
Boston Stock
25
Oct.
BONDS—
Co
Range Since January 1
Low\
34
Mbtors^Gorp 'common——10
Gibson Refrigerator Co common;
1
Transit
Shaves
■•25^.W%00&r
3-3%-
Generals
Baltimore
for Week
High':
_„r";
Flour
July?
Jan>
42
Ldw
r 25%
.y
Domestic: Cr edifc^Gorp f class,; A*
5%. Oct
2F(v
150
-25i>'25%'
Dodge
Jan,
Jan
25
415
,
-
Jant,
23
Apr,.,,,
2
60
*—.
'
20
Sales
Range
of Prices
Comakmif
Cumulative- 'preferijesl^ttewKr-L'--.
Eddy
5
Week's,
Sale Price-
•
Edtson> commbni
Consumers Co—,. J
Mills—
common
Amsterdam
New
17
•
,
Commonwealth
Range Since January 1
Low.t>
13%
3.25
3.25
"100
.100
Maryland &:Pa RR»
Vernon-Woodberry
Mount
New
*
vtc.
common
13%
•
1st preferred v t c_—,—U
5%
STOCKS^—
-
Parr
Low,;- High,
•
:Monday, December. 27, 1948
Last
i,,
of. PricesShares
.
Arundel; Corporation
Baltimore ^Transit Co
;
.
Friday,
■
for Week
Sale Price
•
WEEK ENDED .DECEMBER, 24,
Sales
Range
Par
1
•
■
Week'*
Last
stocks-
FOR
Exchange
Friday
v
STOCK. EXCHANGES
KANGJE
Baltimore Stock
CHRONICLE
Feb
15% May
14%
1
Jun
1
21%
21%
22
l
11%
11
11%
1,500
15% May
2%
1,000
3% May
•
!_•
2%
700
16% Mar
29
Jun
17% May
"
Volume. 168
Number 4763
THE
.
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2715)
.
39 j
■
/
other;stock exchanges
RANGE
Cincinnati Stock
Friday."
1.
'
STOCKS—
Industries
?! American { Laundry
f! Baldwin
jl! Beau
Brummell
Burger Brewing
Churngold Corp
6 %
—.
O & T P
common
Cine
5;
Sub
.25
Bell
Tel
Drug
Formica
,
'
Insulation
*
1
-
23
*
•.
Jan,
19,'
Apr
5%
14
10
11
v/
Feb U
'
90 ;
t.
Nov
102
8
,
200
r
73,,
Mar
Va
81
(E)
Sons 5%
pfd.
10%
16%
Deo
18 Va
.
23
.
23
Dec
8 Va Mar
19Vr Apr,
43
Nor
123
24%
58
I
19 V-
25
16% Mar
40
46%
Apr
49%
Aug
44%
44%
100
40%
Feb
48'A
Oct
Unlisted
Stocks—
&
10
General
\
;
New
York
Standard
Standard
v.
Timken
j
R
Detroit
&
32%
Detroit
213
6ya
Oct
148
-
38%
58
58 Vb
31%
32%
;i
25%
Deo
Feb V
14%
Jun
12 Vb
July
190
.
185
;
200
Feb
32
20
Mar
34%
.
31% May
42%' Jun
/
65%
Mac
Dec
4 Va
Gar
Wood
Gemmer
8'/b
Mar
73%
16%
139-
S;
17 Vb l V
20%
■
;!
V
70%
22 Vb
7 Va
166,
Nov
Feb
Dec
69%
Mfg—
Feb
24
NOV-
.
40%
35
American Coach & Body-
American Home Products (Un)_
\i
Cleveland Cliffs Iron
common
23%
King-Seeley
16
Illumin
Masco
McAleer
92%' Jun
v
35%
Jun
Great
,,
Lakes
Park
Halle
Bros
Interlake
21Va
Jones
!
&
Kelley
common
_
34%
Feb
42 Va
9
22%
Nov,'.
34%
3
37%
Nov
51
27
32%
Feb
50%
a32%
80
a
21'/a
13%
31
60
90
78
Medusa
Portland
120
25
Metropolitan
Ohio
Brass
Patterson
t
I
,
•;
50 Vs
151
12%
—
-
10
11%
50
22
Mar
33
S
;
—4
—
1
—
Richman
Oil
Dec
80
Dec
14 Va
Jan
j
38 VB
Dec
56
11%
500
»
152
-
Feb
16% May
31
Dec
-
29% Mar,
36
39%
12
150
11%
Nov?-
15
12%
241
10
Feb.,
15 V4
:
•
-
U
Coach
Jun
_
Steel
common
Van
Dorn
Iron
White
common
•
-
Jan
35
33%
Feb
42
515
36%
24 VB
L
4% Mar
2%
100
16%
13 Vb
13%
_
_
10
40
—
i
1
_
(Un).
30
J---2
•
33"
Jan
48
Jun
16%
Feb
22 Va
100
7%
Feb V
15
•
Jan
Jun
22%
Feb-
33%
Oct
752
39 %
Dec
47
Apr
Jun
686
23%
Nov
35
44%
42
39%
Feb
59 V2
50
70%
489
8%
8%
250
40
a72% a73 Va
♦
6%
210
1%
Door
see
(Un)
page
46.
.—
231
«
al4 V4
a
14%
20
23%
Jan
5%
600
5%
5%
class
18
115
8%
6%
Nov
8%
Jun
to £
Dec
22%
Jun
100
Dec
15
12%
Feb
19
100
2 »/2
Nov
950
1%
Dec
1%
100
1%
Dec
27/b May
1%
960,,
1%
Dec
2% May
3%
800
2%
Dec
1%
1,015
1%
500
2%
1,000
4
4%
970
3
3
700
17
2%
1%
1%
1%
1%
3%
1%
__
—
1% ■>.
2%
,
'•
■
__
24
%
.
24%
24%
2,048
26%
26%
100
_1
3%
3%
3%
—
5
6%
10
common
11
13%
1
1
_
13%
2%
5%
5%
520
Jun
6
May
2
Jan
2% May
3%
4
Dec
July
5% May
3% Jan
24%
Dec
33%
25% Mar
3%
30
Oct
6
4
Nov
8%
12
.Tan
Jan
12
Feb
16%
,
Oct
Oct
200
2%
Oct
200
,
Jan
Jan
8%
Feb
Jun
Jun
6 Vb
3% July
1,000
.
2%
2%
—
-
3
2,147
2%
__
1
■
11
Jan
Feb
2%
100,
6%
10%
'
4% May
1% May
1% July
1% Mar
100
3%
—2%
.
B
8
100
17
2%
.1
_
Mar
Oct
2%
17
*
_
4
9% May
1%
——
_
_
Feb
819
1
.
^00
.
6%
14
8%
5%
1,515
5%
6%
1
__
1
common
common
_
—
1
_
2%
Nov
3%
,
500
5%
Dec
7%
1%
1
com
1%
200.
1%
3% May
•"
Jan
1%
420
1%
Sep
2% May
Dec
1%
—
Sep
2%
*
Jan
Angeles Stock Exchange
Clary
Sales
Range
for Week
af Prices
Par
;v;.
Low
1
Company
common
Week's
Bale Prlea
3%
4%
5,130
3%
768
20%
Dec
49c
50c
700
49c
Corp
Dec
1
v
&
of
a34%
10%
Feb
18%
Dec
295
10 %
Dec
20
Mar
6%
1,626
8
7%
8%
2,915
Aug
6%
Nov
13%
9%
9%
1,707
9Va
Dec
15
Jan
a34% a34 Va
15,341
Feb
38%
Jun
20% Mar
52 ye Nov
31 y«
Jan
65%
Jun
•
27
28 ;
990
53%
405
5%
5%
1,200
17%
17%
17%
400
6%
•
53%
5%
—
common—
America
729
10%
20
•
Iron
Jan
17%
2.50
——
_
Jun
77 %c
6%
8
*
Corp
Jun
»28%
4
16%
9%
....
7%
10%
6%
•
Corp
Colorado Fuel
16%
2
com
High
Dec
22%
200
Investment
LOW
3%
20%
Inc— -33%
.
.
Multiplier Corp
Range Sine* January 1
High
10
—
Appliances
Packing
Shares
1
_
6%
3,775
9,000
1
*
16%
_
—
16%
16%
9
9
19%
19%
50
62%c <•' 70c
2,500
——
50c
Exeter
Oil
Co
&
Garret
Ltd
class
Merchants
Tele
&
Stores
Radio
class
—
*
800
6% Feb
28
5
Dec
Jan
6%
Sep
12% Mar
5% Apr:'.
22%
Oct
16%
49
Aug
127/8
Jan
30 Va
Jun
9
!
8%
Dec
Dec
Motors
1
Bk—
—
100
■
19% Nov
(The)
Corp
»
67% Marf
7
;
•
Dec-
1%
Mar
Dec
14 V,
87%
12
Hancock Oil Co class A
Holly Development Co
Hudson Motor
Hunt
Foods
common
Inc
Intercoast
May
Jan
Oct
May
_
common
3 V,
^
Petroleum
Corp
petroleum Co
Lockheed\Aircraft Corp
Manufacturing Co
Merchants
Petroleum--C6_
13 Va
300
10
Jan
58%
1,036
51
25
25
41%
41%
118
122
9%
265
9%
Dec
3%
3%
1,200
1.55
Jan
al3% al3%
113
12%
National
65%
Feb
89%
Nordon
14
Nov
19% May
Mng & Dev Co__
Mallinson Fabrics
Corporation
Ltd
Northrop Aircraft Inc
——
11%
Mar
25
—
*
_
3%
a
6.66%
13 %.,
10 Vb
Oct
100
608:
V
8
Sep
24
10
i
160
39
Nov
Dec '
Jun
Nov
36% July
48% Oct
Mar
90
May
15%
65%
Feb.;;
412
Jun
131
;
14%
July
Jan
5% Aug
(22% Jun
325
10%
Dec
18% Mar
9%
340
8%
Dec
17%
Jun
1.05
1.10
10%
8%
10c
1
1.10
1,400
1.70
Jun
8Va
1,035
8%
—5
\—1
Z_ 10c
/
1
8
Jan
May
10%
_33%c
43%
a
26%
,
44%
a26% a26 Vs
1.20
8
Nov
15
Jan
Apr
463
40 Va
Nov
51
10
20%
Jan
30
1.20
a
97Vac Feb
1.25
3,650
17%
:al8
125
1.10 Mar
14%
1
2 V,
1%
2%
3,603
1
_1
1.65
1.45
1.65
8,150
95c
2%
2%
150
1
1.85
1.85
200
Mt
Oil
320
Nov
8
1
Diablo
95c
,
Feb;;
5%
58
Monogram Pictures Corp
Dec
Nov
-
Corp
Kern County Land Co—
Lane-Wells Company
Menasco
295
12%
*
_
Kalser-Frazer
Lincoln
618
_2
1
_
Co
Independent Exploration Co
May
24% May
14
Car
10
7%
Dec
10
—
common-
Hilton Hotels Corp
1
309
7
—
55c
1
_
Gladding McBean & Co
Goodyear Tire & Rubber Co common—*
{
309
__
1
Corp.
A
67 %c
9%
Corporation
General
A
Natl
May
194
•
footnotes
Jan
May
310
al4% al4%
_
Youngstown
For
6V4
27
1%
8%
Feb
13%
_2
_
Co
Farnsworth
Sep
July
5
23% May
70%
*
Youngstown Sheet & Tube
Steel
^
Feb
a6%
a6%
100
Nov
5'%
_2
__
Petroleum
Fitzsimmons
Jun
25
a
21%
4%
1
Dresser Industries, Inc.
May
40
25
Dec
6%
common
Creameries-
Oct
26%
a
39 Va
a43%
Works
_
24%
•
36%
Oct
4%
2
1
July
if
common
Refining & Chemical-
Motor
-
a26 Vb
Ohio
S
Warren
—
*
_
Products
__
Home
Farmers
*
—
(Un)
15
50
16%
50
♦
(Un)
Thompson Products Inc
Twin
31
24%
if
20 VB
Feb
Oct
6
35
300
Dec
2%
'
31%
4%
13%
3,450
Jan
4%
1
—
Paper
Feb
200
4%
8%
-
_
v
12
4%
14
Oct
•
21%
--
a
Consolidated Engineering Corp
Consolidated Liquidating Corp
Feb
48
40% Mar
50
4%
4V2
24
4%
1
__________
Aircraft
Chrysler
May
11
4%
—
—
(Un)
of
•
Feb v
Sep
...
Bros
Central
;
#
B...
Bros
Standard
;
v.
19%
'
4%
_
common
common
Metal
Radiator
California
Jun
74
90
35
•
450
23
4
19%
Chica Oil Corp—
Broadway Dept Store
Jan
237
13% July
65%
Bolsa
Oct
17
43
.
Dec
Feb
_
Blue Diamond Corp
Oct
Dec
41
a
64 Va
13
26%
Apr
8%
Aug
-
_
Tube
2%
17
Barnhart-Morrow Consol
Nov
31
of America
Republic Steel
Jun
100
52%
Manufacturing
Basin Oil
May
66
38% Mar
12%
12%
43
"
11%
■
Pennsylvania RR (Un)
,
Jun
395
13%
•
Raisin
Barker
Jun
122
a3174 a32%
.
Sargent
Radio Corp
Jun
6%
21%
1 Mar
100
_
..
V..x;:.
Aug
53
790
a39 VB a41
•
25
Nov
47 V, Mar
74'
<1
Paving Bricks
class
10%
4
20% Mar,
9%.
1
Products
Wi
6,654
296
.
_
Rust-Proof
Bendix
Feb
50
14
31
National Tile & Mfg
c
Dec
5%
100
~
2%
•
23
■
4%
1
Stamping
(H
300
5
20%
Last
Nov
42
50% Mar
41
'j.
•
Cement
v.
Jun
18
STOCKS—
16 Va July
31% Mar
12%
,
,'w
•
20%
•
6
5
20%
*
Los
Dec
92%
Feb
186
26 V2
74
a
Trans
—
__
Oct
=
33%
Feb
106
58 Vb
74-
.
——
—
j
Jan
10%
58%
Davis
Bandini
Dec
•"
9 Va
130
21%
13
class B
G)
Feb
34%
'
5%
—
Oct
14
1
&
5%
V«
■
1
_
Wayne Screw Products
j
(A
23
Dec
6% Mar
18
_
common.
'
McKee
,
58%
_
Jan
-.50
Steel (Un)_
5%
Apr
*
>
Lamson & Sessions
t
176
500
.1
Oct
a41% a41%
•<
100
class A
(Un)
Lime
250
,
-10
common
Apr
100
a59% a59%
.100
Laughlin
8%
Jan
18
81%
58 Vb
*
com
♦
_
45 Va
Dec
Feb
a44% a44%
a38% a39%
Steamship
Island
29%
212
Jun
Jun
Dec
...
*
common
(Un)
3%
Jun
158%
...
j' Interlake
20%
8%
20
1
Chemical
Warner
26% May
■r,
12%
10
_
Iron
24%
v,
72
al27/8
1—*
(Un)
preferred
1
222
89
(Un)
Rayon
Dec
Feb
a47% a47%
1
Cooperage
Industrial
Dec
29%
20%1
•
Friday
*
Rubber
16
20%
a23% a24V8
a39 V4 a39 V4
.
■
20%
-
1
Superior Tool & Die
Dec
256
—*
Towing
Jun
1
_
Packard Motor Car common
U
4
147% Mar
1,376
a32
(Un)
..
Bros
17%
14%
Apr
High
<
Jun
74 Va
2
common:
Rubber
Preferred
Grelf
Feb
class B—
Corp
Sugar
National
54% May
87% Oct
a39% a39%
Gray Drug Stores
1
12%
1
_.
_
Mfg common
^Michigan
River
3
430
15 V2 "'15%
73 Va
15
commofx
16
a31Va a31%
15%
J
Firestone Tire & Rubber (Un)—.—_—25
'!
Vlay
1
Screw
Standard
5
com
common
Tire &
1%
Jan
Jun
Rsnge Since January 1
190
100
Controller
Goodyear
Dec
■
_
common
Wines
Sheller
620
a247/e a24%
Cleveland Graphite Bronze (Un)
1
Consolidated Natural Gas (Un)__—,_15
j
1
10
_
Car
Drue
LaSalle
Jun
29 '
Dec
LOW
37/8
al49Vaal50V8
—
:
F)
100
Jan
'
_
Motors
Motor
Scotten-Dillon
High
3%
25
$4.50 preferred
(B
Jan
1
l
Brewing
Electric
Rickel
Shares
100
Chesapeake & Ohio
Goodrich
33%
29%
—
Kingston Products
for Week
1
American Tel & Tei-(Un)
f
Motors
Dec
14%
Kaiser-Frazer
Sales
Range
Low
5
.—
|
General
24
;
common
Goebel
May
23-
-
i
67% Mar
of Prices
«■
50c
|
General Electric
100
•
Industries
Motors
Hudson
Exchange
Week's
-
Sale Price
|
Faultless
24
1
*
common-
McClanahan Oil
{
60
*
Deci
14%
,
120.'.;
41 Vb
70%
Last
Railroad
24
_
...
-
Howell
•
Oct
5% May
•
19%
224
112
24%
40%
Par
Erie
25%
—
__
_
Manufacturing
General
Kinsel
153
72 ;
0
>
46% May
18% Sep
12 %
35,.
16%
24%
STOCKS—
Electric
Dec
1
__
corn-
Corporation
Gerity-Michigan
21
50% Mar
10
8
—10
Divco
3IV2 July
19%
20
—25
_—
new
_
Products
Electromaster
Feb
v
Steel
Fruehauf Trailer
Feb
••
Friday
Mfg
10%
9%
Jun
4%
13
Cleveland Stock
Eaton
270
1
Jun
24%
16%
*
(Ohio)
Chemical
10%
Navigation-
Michigan Stove
Peninsular
Dow
10%
Detroit
32%
125
,•4%
16%
^
J)
Electric
2%
7%
2%
Feb
100
36
4%
•
Cleveland
Dec
1
Parker
,
Feb
5%
Detroit Gray Iron common
Parke
'
2%
20
Dec
10%
f,
_
Jan
;•>
58%
36
—15
1
B
Brass
High
400
435
—
Cleveland
45%
65%
V
39%
12%
'
Oct
10% May
158% Jun
Mar i
V;
156
27%
"
U S Steel
Akron
_
Edison
!■':
50
(N
Oil
v
37Vb May
/v;
'V
Oil
.
11
27%
_—0
:/-rV
"
Low
2%
5%
ft
Brass.
Bros
Jan
Nov c;.
t-
20
33V3C
'
100
'
117
7%
*
Brands
•.'*
Range Sine* January 1
High
2%
Motors
27
44%
25%
10
\
Socony Vacuum OilV'-
&
common
Consumer's Power Co common
Continental
Shares
2
Products
Aluminum
23%
«•
25%
10%
Central
Standard
\
10 Vb
J
Pepsi-Cola
!
{?
70
43%
*
Pennsylvania RR
{
Metal
Consolidated Paper common
Jan
for Week
of Prices
5%
Burroughs Adding Machine
Apr
700
7%
Packard Motor Car
V
8
49 %
32%
25%
—
Motors
•
Jan
Dec
:
National Cash Register.—
}
6%
25%
44%
•
,
|v"
31%
1
I•!
j
Jan
37%
80
~
7%
7
Fed Dept Stores
General Electric
.
Bohn
Dec
71%
Feb
American
<
Low
l
Brewing
Detroit
32 Va
10
■■■•
25%
-,
149% 150 Vb
—* -l
z
Columbia Gas
Curtiss-Wright
Dayton Power & Light-
l>
149%
,
25
Cities Service
I
62%
20%
20
29 %
25%
7%
100
—
City Ice & Fuel__
J
»:
common
Brown-McLaren
142
38
28%
w
^_.l
-
Ohio
{
_*
—
i
Tel
|
7%
493
Feb
Altes
Davidson
29 VB
Rolling MilLi— _•
Chesapeake
j
7%
"
10*
July
Electric
Sales
Rsnge
Sale Friee
,
Airlines
&
65%
37%'
American
Tel
60 V
1
American
J
65
t
!; Allied Stores
American
65
20%
21
Week's
1
Par
Allen
47 Vb
18%
Randall class B
U S Printing common-
■
5
STOCKS—
Jan
*
44%
•
Last
Jun
47%
Magnavox Co
2-5525
Exchange
Jan
6%
Detroit Stock
Jun
47%
if
WOeiwari
FrMajr;
44,1/4. 45 :/■
50
Telephone:
Jan
Apr
18%
Kahn
'
Jan
•
6 V4
211
«■
DETROIT
Nov
Jan
May
65
Chicago Stock Exchange
Building
Jun
o
20
New York Curb Exchange
Exchange
Jun
80
7Va
..
Exchsngo
May
297/e
102'/a
.
25
7%
Detroit Stock
Apr
1,771
17,
Members
.
York Stock
May
23
rv
...Oct
23
10
7
Dec
-
5
25
44.
Va.
Dec
New
Ford
160;
5%
6%
*
_
Gibson Art
Jan
14%
r
Jan
32%
74%
7%
16%
—
common
Vb
74
.
Crystal Tissue
Dow
5
74
13;
Dec t
90
5 %
.50
Crcsley Motors
28
96
90
.20
Cincinnati Street
Dec
550
,
Watling; Lebchen & Co.,
High
■
23%
6 %
28
96%
_100
—
v.4
201
-
14 Va'
6%
common.. .8.50
——
N
5 %
14 'I
6V2
180-'
{/ 1 584 ~
15 V2
5 %
5%
LJL.
Cincinnati -Gas &. Elec
4%
preferred
C
15 Va
LOW
'£
23 Va*. 24 Va
.
24
Range Slnoe January 1
*
■,
7%
6%
—20
.—.8
Mach_.
——
—
Shares
Low-i High
——*
DECEMBER
for Week
of Prices
Par
Aluminum
■
ENDED
Sales
Range
,
Sale Price
WEEK
Exchange
Week's
Last-,
FOR
1
alO%
a 10%
50
_1
16c
18c
6,100
1
11
11
100
Jan
Vs .Jan
2%
July
Dec
1.05 Mar
24%
Jun
3% Mar
1.70
5
1.95
11%
Dec
15
11c
Nov
24c
Feb
13 %
6%
Apr
1.60 July
Dec
Jun
Dec
May
Jun
May
40
COMMERCIAL
THE
(2716)
FINANCIAL
&
CHRONICLE
Monday, December 27, 1948
OTHER STOCK EXCHANGES
RANGE
DECEMBER
ENDED
WEEK
FOR
24
'
V. .'Vy
Friday
•
Sale Price
: STOCKS—
r
'
.
Y'Y'YY.
Oil
1
————1
•/* Pacific
Co
Gas
Pacific
Elec
&
5%
30c
2,100
10
70c
Apr
Socony-Vacuum
Nov
3%
Feb
'Par
Southern
Railway
...
Feb
17
Jun-
Standard
Brands
Oil
30 Ma
31
1,819
30
Nov
36
Jan
Standard
33%
27%
33%
27%
150
32%
Dec
35%
Jan
Standard
595
26%
Nov
27%
Sep;
Stone
Feb
51%
—
—10
,*
——
Webster
&
(N
Rexall
Gas
Oil .&
Inc
Drug
Rheem Mfg Co
—
15
Ranch Oil Co
Trading
Sierra
Corp
—
—
—
1
*
:
22%
Calif Edison Co Ltd com—25
4.88%
cumulative
4.48%
25
—?5
—25
*
•
convertible
——.
preferred
prefy.
cumulative
4.32%
4.56%
conv
Southern
Pacific
Standard
Oil Co
Company—
—
Western
28%
48%
^
—
Oil
Union
United
Steel
Nov
15%
Jan
49
Feb
7
Mar
16%
Dec
20%
Ma*y
150
15'A
Apr
20 Va
Jun
United
Feb
42%
Nov
Warner
Bros
Western
Union Telegraph
Union
Carbide
Union
Pacific
1.30 May
•
46
20
159
Feb Y
28%
Y
25c
700 *
22c
Oct
32%
Feb
Y
Mar
—25c
10c
Co Ltd
Zenda Gold Mining Co
i-
Stocks—
Unlisted
i
150
26
May
28
606
24% May
28%
Jan
22%
25%
Feb
7,026
Jan
S
Corporation
Rubber
26%
Nov
44%
Feb
£2% July
862
55
Jam
72%
19% Mar
430
200
15
10
Dec
9%
105
/;
Co
Y>
Stand San Corp.*
—
American. Tel
7
Tel
&
Baldwin
Steel
Armco
•
;/,
Baltimore & Ohio RR Co—
7
Barnsdall
Oil
Co
Aviation
Bendix
Corp
Bethlehem Steel
>
Borden
v
/"a34
*
.—15
I Budd Company (The)
a54%
—
8c
-Apr
;
:—25
Co.
Ry
Caterpillar Tractor Co.—
Cities
Service Company
r
Columbia
Gas System
Commercial Solvents
s;
10
Edison
Commonwealth
&
48
46'A Sep
31% May
Dec
15
91
Co
Feb
17%
Feb
45
Feb
3 7'A
39%
30% Mar
100
&
Continental Oil Co (Del)
5
a56%
Crown Zellerbach Corp
7
Curtis
f.
Publishing Co
Curtiss-Wright Corp
Class
"t
...
(The)—.
common
Feb
8'A
Power
&
v)
General
Electric
\\
General
7%
:
•
j
;
I..
Interlake
Iron
I
International
\\
Kennecott
!
14
Libby
Tel
Tel
&
Copper
Corp..
McNeil & Libby.
7
Dome
Sun. Oil
Nash-Kelvinator
24%
Jun
69
Jun
331/4
Jun
6%
50
Mar
24%
Dec
7Va
Feb
20
York
New
Central
&
Gas
•
Feb
32 '
34%
11
3
100
23'A
Feb
Corp.^
I North American Aviation Inc
.1
North American Co
10
125
July
62%
Oct
Star
»i
Ohio
Oil
Company
4,
%
Car
American
Pan
'
Motor
/
:
48
Feb
Paramount
Airways
Pictures
Pennsylvania rcailroad Co__.
—...
Oct
100
53
62
Apr
'
a^%
53
'
1
118
8Vs
Pullman
Oil
of
4.
Regis
Paper
R%
Nov
/
42% Feb
16%
60%
Oct
...
■
22%
90
14%
Dec
19%
Apr
70
13
Apr.
48%
Feb
13
14 %
Dec
63% May
215s Jun,
17%
Dec
!_1.75
Schenley Distillers Corp
For
footnotes
see
page
46.
■
15
745
18
467
1
Y
985
12%
Dec
18% July
26%
Fed
40%
•
a293a
25
41
942*
Apr
Jun
Mar
Jan
.28
45% Julv
23% July
287/a July
576
19%
Dec
347
24%
Dec
16%
Feb
;~7%
Sep
20%
22%
10%
20
47%
197
39% Mar
61
79
50% Mar
.:Y;
v
255
2%
739
27% July
'
12 ys
1
Jun
50% Mav
70%
Nov
Feb
2
535
19%
2 Va
19
Week's
18%
3% May
Dec
23 % Mar
vi
Sales
Range
tor Week
Shares-
of Prices
Low
High
Low
241/4
203
25%
6»A YY-; 50
5%
5%
Range Since January 1
High
24 Va
24%
4%
'
13%.
Dec1
33%
151
13%
4
170
4
8%
545
8% Nov
23%
693
18%
Feb
16%
825
16%
Dec
'
/'
Jan
8% May
19% May
8%
631
7%
Nov
22
Jun
10%
11%
172;
12
Nov
10%
553
10%
Dec
12
Nov
24 Va
50
23%
Feb
39% Jan
37%
39
480
31%
Nov
18%
Feb
38%
10
20%
21%
:_10
211/4
540
5
2%
2%
1,365
30
31%
469
30 Va
30%
165
Y 8ya
8%
90
pfd.
10
8%
.34%
36
52%
259
41 % Mar
57
235
32%
Nov
25%
31
175
Feb
44
Tel
965
8
Feb
15
;
-,
Oct
33
19c
Dec
'.
Jun
33
;
Mav
38
391/2
Apr
Nov
23%
Jan
11/4 Mar
Dec
29%
Jun
10
Jun
Aug
Exchange
of Prices
Low
Brew
Electric
MotoTs
305
1491/2
Dec
.100
30%
484
■30%
18 '
10
23
10
•
50.
8
320
7
Dec
11
1
400
2%
Feb
6
58%
58%
58%
195
19%
21
237
19%
41%
.42
535
33
2
148
'(■, 2
>
21
42
-
13%
'
27
Jun
Jan
'• Nov
-
31 y« Mar
-
42% May
51'
66 Vo
Nov
21
Nov
1%
Mar
Dec
Mar
42%
Oct
2%
'<
Jun
Feb
Mar
30
21
Dec-
12
39%
Nov
45%
Jan
.350
9%
*
common
21 Va
42
21
•
common
Shinkle
&
9%
100
9V4
NOV
12
Jan
6%
7%
388
6%
Dec
10
Apr
Dec
171/4 May
'
Key common
Laclede
Gas
*
...
Laclede-Christy
May
1
Shoe
15-
115
Dec
20
*-
Dec
38%
Sep
9%
33'% Oct
...
Apr
10
.23%
5
—50
Feb
16
200
21
6
...
v
'
(Un)—_—10
common...
Si D
-18
27
Jun
1551/4
•
7 •Apr
38%
(Un)
Brew
19
Jan
1
common
High
Lota
16%
____10
common
common
Range Since January l
High
149% 150 %
9% :. 9%
150
Byrkarti Mfg common—
Falstaff
for Week
Share*
13%
16'A
..100
Sales
•
380
1
^...3
common^Y-:---15
Shoe
Jchnson-S
Jan
Steel
common
13
300
380
13
4%
—4
common
5%
34
34V4
75
28
16%
16%
25
16%
18
-.1
5
-.20
common
common
13
—.5
_—
common—
McQuay-Norris
Meyer Blanke
1
18
15
17
10
—
6'/a May
Apr
Mar
341/4
Dec
23%
Dec
Jan
May
19
Mar
3% May
5% May
Oct
2%
295
26%. 26%
85a..8%
385
22%
Feb
33 %
410
8%
Dec
13% May
a29% a293a
40
Feb
32%
26
Feb
Jan
39%
Dec
7%
Apr
52%
Mar
30%
•
"
Range
Sale Price
vY'Y'.
Tel.
&
International
May
13%
Pec
30
Nov
6
Dec
309
24%
Week's
Bank Bldg & Eqpt common
Preferred
49 % May
Nov
2%
150
'32%
23%
Dec
23% May
39
24'A
11% Mar
348
36
321/4
24%
May
5% May
11% May '
26 % May
34%
%
Dec
10
1,175
21 Va
Hydraulic Pressed Brick common—1
Jan
Dec
Mar
24 Va
10%
.1
Co
Griesedieck-Western
21% May
8%
-
13
10%
*
Inv common
Brown
JUU
7%
/
24%
Feb
36%
26%
22% May
Apr
•
497*
52%
:
.
48%
Dec
21%
-
,
23 %
..
.
Dec
20 y8
310
21%
&
r
16%
.
225
6,539
23%
.5
Electric
American
Apr
34%
.
36%
May
lo
&
American
10 '/a
4
12.
22 %
20
:Par
Dec
8%
31
20% July
Dec
251/4
-
*
STOCKS—
8%
80
8
5
\
26Va
2%
Gas
Jun
General
__
Dec
20%
Last
Jan
__
Oct
16
16%
v
4,771'
10'/a
v,
Jun
-
May
8%
5% Mar
6,679
Friday
16%
'
Oct
May
•
July
13% May
,
17%
16%
39%
40
St. Louis Stock
27Va
'
1,465
18V2 May
56% Jan
8c
Nov
—
•
....
1
'7%
.
1,000
Nov
13%
50c
Co
77/a May
Nov
200
'
9c
8%
*
Republic Pictures Corp
Republic Steel Corp
St
Feb
18
%
:
9c
15%
Warrants
:
4i/a
Y'; %
45y
% /:'
-1
Mining—
Vanadium Alloys Steel.——*
Westinghouse Air Brake
*
Westinghouse Electric Corp.—
12.50
17% Nov
l
Corp
13
Toy
319
•
Radio-Keith-Orpheum
25 Va May
Oct
13 Va J11IV
65c
768
•
America
Dec
9%
r
100
15%
•
Company
Corp
17%
5
//;'
19%
Co
Laclede
Pure
Radio
175
11
65c
10%
25
Inc
657/a
17%
Sale Price
Y
150
a33V8 a33%
,
Nov
50% Mar
4%
Oct <<
__
50
....
49 Va
978
Jun
331%
a33%
33%
Pepsi-Cola Co
Phelps Dodge Corporation
Dec
165
58%
65c
18%- 18%
1
Inc
15%
50%
Mar
7
-1
10%
y.
Jun
7% 7; Y 387
16
;
721
Jun
38
8%
425
Y
11% May
65'%
15%
""% '
.13%
Co
■_15%
2%
-
Jun
17
Dec
Nov
11
1
Brewing $3.50
Pittsburgh Plate Glass-
General
•
Dec
7%
50%
131/4 May
16%
18%
—•
Co.^
11%
470
58
______1
Fuel
Huttig S
Packard
Apr
Jun
:5% Jan
.
Feb
__
,
27%
158%
625
,
8%
54%
7%
...
Pittsburgh
907
.
10
'14 Northern Pacific Ry Co -.—^—'—100
High
Dec
147% Mar
46%
—.
Improvement
Manufacturing
Renner
Jun
15
■■'/
37% Mar
208
12%
Low :,Y
17%
Pittsburgh Screw & Bolt Corp.
Oct
40
'
.
Nov
12%
Range Since January 1
21%
50%
20%
Gas
San
Feb
Nov v;
.
11%
"
Shares
11%
11%
53%
:
16
«
Supply
National Fireproofing Corp
Nov
42%
:
Nov:
51%
v
26^'a Aug
16'A Jun
Mar
50
'
123 8 July
Jan
350
'■
Jun
1,727
58 Va
Ludlum Steel
*
Natpral Gas Co com——*
Mountain
*
32
•
Jun
49 %
376
7%
com
Brewing new common
Lone
25'A .Mar
17%-
33
Dec
22%
11%
54%
',/:
common.
commonl.
Gas
Joy
100
14?a
Dec
44%
149% 150'A
149%
«
Follansbee Steel
330
y'14%''-'
18
23%
130
High
21%
I—Ills
Duquesne
30
Corp.—V;
RRX.—12%
Low
.——50
i_
Light—..
Columbia
Oct
July
Y13
9% Feb
■
15%
-•
■
;
4% Feb
:
•
1,575
a20% a20%
383
Y
24% May
Sales
10
Century Electric Co common
r
23%
Dec
for Week
5
•___
El
Oil
Blaw-Knox
28% May
Feb
108
•
a54%V a53%-a54%
5
*
238
__£
'
May
16
48
Range
»
Corp
Arkansas
12%
8%
14
9% Nov
Jun
10
874
al4%'al4%
<
Corp__U.——
;Nat Distillers Prod
21 Va Mar
7%
' al4%'
Magnavox Company
23%
a44% a44%
Co
Allegheny
30
,
Montgomery Ward & Co-' Inc—iy_*
i '
3%
a55% a55%
a55%
Loew's Inc1
Jun
Feb
100
a9%
'.'Y-V
al5% al5%
Par
12%
/
•
Corp..
27%
Dec
a30% a31%
.
"
Feb
930
10%
Last
Jun
Dec
25
^
•
14%
:
21/4
a38% a39%
__
38%
9%
Friday
Jun
17
7%
11 %
255
a38% a39l/8
July
Apr
3% May
49'A May
Pittsburgh Stock Exchange
'
39%
Feb
7%
Navigation
preference
United
a51% a51%
Corp
Int'l Nickel Co of Canada
•
International Paper Co i___—i__.1.15
•
63%
25 Va
24%;
11
Nov
2 Va
60%
div
United
Apr
250
50
a31%--
Illinois Central RR Co
■t
61
290
•
25
11%
9%
200
Par 7v
May
Feb
a20% a20'/4
a39%
19
Mar
10%
a23% a23%
__
210
2%
Week's
Julv
1,875
Goodfich. (B F) Co
—.-.-1—*
i.
a58% a58%
Graham-Paige Motors Corp
.1
v, ; 3 ,,
3
3
Great Northern Ry Co pfd_—1_—a413s a41%
Greyhound Corp
5
all%
al0% all%
U
■j'|
Mar
alO% al0%
__
°
Corp...'
33
340
393a
Utilities
393
85
7%
7%
s
Co...—
Public
Nov
a56% a56%
Foods Corp
General
51
830
24%
'
5
Light Corp—-
50
172
10%
2
of Prices
11% May
10
8%
—
1
A
Electric Bond & Share Co.
Electric
5
—♦
1
19
10 %
Last
—2%
common.
Scott.- Paper
's*.
»
30
150
Sale Price
.——13
Corp
Oct
65-
410
22%.
22
92% Aug
a23
>
",v.
!
425a July
Jan :
47
50
275
.'•••.
Nov
Feb
35
a22%
Oct
167/a July
3a v8 Mar
13 V8
8%
83
23%
a83% a85%
Friday
Works
Jun
235
3*
8%
;
,
-.1
Oct
Jun
Dec
27%
100
Dec
Dec
Y: 10
17%.
25%
' j\
'•
Continental Motors Corp
43
;
,
Jun
11%
33
'Y
;
—100
Brothers
Salt
May
10%
115
17
22% ;
'.-••77'*Y
•*
/,.
..
5
Nov
' .I'
v
Reading Co commoniiiiYY^-ii—50
,
117% July
:
7% Oct' /.
Jan
4%
810
,V:
25%
__
37%
«
Coal
$1.40
40% Jun
55
'■ ■
...
Service
Dec
230
:
.10 ;
II—.10
Public
May
157% May
Nov
11
—
Corp..—*
(N Y)_.
•
290
__
"-13%
65
Mar
6%
___*
Tel
Motors
Corp
Feb
3
*
25
Company
Apr
a40% a41%
10%
12%
'' '
■
Publishing Co
Philco
34
675
Co
'•
Locomotive
16% May
25
11
Southern
/ Consolidated Edison
..
45
25%
_i
6%
Corp
16
Pennsylvania Power & Light16'A 7
16
16'A
Pennsylvania RR
IIIII50
10 A/: 36%
Pennsylvania Salt Mfg. com
36%
•
Philadelphia Electric common20%
20%
*
Si div preference common:
22% '.7 22%
Mar
-32
a54% a54%
44%
45
—•_*
Corp
Commonwealth
j
13 %
—
10
Inc..
7
7
9%
Dec
a39%
5
STOCKSPacific
Canadian
Nov
18%
Pennroad
41 % May
•l>
49
34%
34%
Oct
283
:Y
a33%
a34
/a38% a38%
a54% a54%
a7% a8%
a38%
5
*
Borg-Warner Corp
s.
8c
National Power &
4'A May
Dec
148% Mar
80
10%
10%
6%
544
2%
Jan
415
,
/a44% a44%
//'/__ /
...I—5
—
(Thei
Y;
12% Mar
1,341
all% all%
—
__
300
»
Gimbel
Apr
5c
Nov
6%
/:
31
a54 a54%
:10%'V.
2%
26%
•
625
—
5
Corp..
Company
45
695
—
—100
7
19%
,
'
1
General
May
1.80
•*
3V2C Dec
888
36%
7
—
a2%
—
7
__
Delaware Power & Light com—.
Electric Storage Battery..
:
Oct
7/
a32%
a33
1 a25% a25%
/.6%
7
::
al00% al00%
7%
7%
:
,
Works.———13
Locomotive
3,400
36%
Corp Y——-
.
Baldwin
3%c
a32%
50/
L-——10
Armour & Co (111)
5
Atchison Topeka 81 Santa Fe Ry—100
Avco Mfg Corporation
(Del)
3
Copper Mining Co
Anaconda
2%c
——
Amerjcan Woolen Co'—1
1
32
19
._
10
Lehigh Valley RR__
150
68% July
Feb
x(a May
10
Mar
149%
Feb
13%
<
a41%
50
Inc
Budd Company
Chrysler Corp
86%
Feb
2c
149%
49%
420
19%
10
: -
Sep
Jan
38% July
5% NOV
:
70c
a54%
I—100
Co
70
23
22%'
__
•
American Stores
441/2 July
Nov
400
26% 27 Va
7%-- 8
13% -13%
'
American Smelt & Refin Co
i
115
:
Co,
-;/; ,/ /v..
Oct
20
Feb
-
1,000
a2%
•
—
1-
American Radiator &
21%
1,053
3%c
27%,
•
Airlines
a60% a60%
(Del)
■■■;
American Tel
13%
Nov
1.40
;
Jun
a60%
r\
'
Jun
17
Nov
1,400
a6
;
Jun
66%
5
Pictures
23%
9% Feb
2%c
v
29 y.
Feb
V/:/r.'Y/i/ STOCKS—
/;/;
/// //.;, .'•//,//./,Y''"■'//■'•">
'>-Y /.;/;YV
"r\:j'-"
—
Feb:
Co
15% May
67% Mar
1.35
17
Philadelphia Stock- Exchange
■
.>
29% July
428
1,182
July
5T%
—10
21%
Jun
18
316
Co
July
370
35
__
1
Mfg
Allis-Chalmers
American
-
v
Alleghany Corp
.
Railroad
42% May
873
1.35
11% Mar
Jun
Mar
36
455
;*V;v'-t'"
——1
Mng Co
& S
Development
Imperial
i
Iy'V/'Vy
Mining Stocks—
140
30% July
25
119
71
a5%
13%
85% Julv
Mar
878
29 %
—
13%>
Jan
52%
Feb
501
Westinghouse Electric Corp
Woolworth Co (F W")
May
55c
Sep
15Va
i,769
Jun
215
Feb
122
40
44%
Oct
9c
6,000
Carbon
&
Lehigh
1
71%
52'% May
Mar
70%
.
463
Jun
May
22
United Aircraft Corp
United Air Lines Inc
U
32%
110
40 -40%
/ 71
40%
.
38 'I
72%
Jun
4Va
: 28%
29 %
•
10
Co—--
Lines Inc—-——
Cons Chollar C
i
'»
common—25
■
Corp
Oil
Consol
Western Air
.
California
of
States
Universal
-
Mar
185
72%
7
Nov
Curtis
;
28%
4a39V4a40Va
__
*
657
15%
10%
al0% alQ'A
15%
Nov
' —'
72%
Corp
775
11%
19%
10%
19%
15%
10%
11 %
21 y4
Dec
a52% a54%
Twentieth-Century Fox
20
66% '66%
—
Inc_5
Air
24 %
.
29
48%
1
4%% class B preferred
25
Textron Inc $1.25 conv cum.—.
.*
Transamerica Corporation —-----—2
Transcontinental &
28
24 %
i
Sunray Oil Corp common
.
28'A
*
of Calif
36
28
37%,
Tri-Continental
19%
22
i
Co.
3,338
22%
29%
37 %
28
28 %
24%
29%
48%
22%
28%
__
25
preferred
7% May
Dec
Sulphur
60c
25c
25c *
—
4%
Gulf
47
a53
:
100
a39
;
6%
Sep
Company
-
600
al6% al7%
70c72%c
25% 27%
5%
6
16%
17
al6% al6%
._
Mar
3%
560
.
Signal Petroleum Co of Cal
Sinclair Oil Corp
Orig
Tide Water Associated Oil Co
a38% a39%
+—30
__
47
47
—15
a37'A
a36% a38%
25c
9c
9c
*//;Y YYy/ 161/ 161
Signal Oil & Gas Co class A
Southern
Jun
u
27'A
——*
& Co——
Security Company
Shell Union Oil Corp.—
V
Texas
359
1
Co——.—
Finance
Seaboard
Sears Roebuck
Jun:
4%
5
5
Inc"—
Stores
Safeway
32
25%
1
Company
Ryan Aeronautical
22
Texas
23 Va
Feb
25
July t,
•
f
High
Feb
35%
.
____1
55
4%
4%
1
Richfield Oil Corp common
Rice
Corp
47% Mar
24%
—
20 %
25
.i—."
49
■ ■__
«
20
Inc
i
Low
15
109
17
a40
25
125
1,095
—
—
Feb
16%
a39%
790
1,191 '
17
J)
Range Since January 1
High
a40
(Ind)—
Co
Low
•
378
4%
Co common—..1
Co.—_——r*.'
2.50
Petroleum
Republic
Reserve
__
Shares
*
a50
a51
a50% a50%
Ya507/e
for Week
^-___.__15
Co
Co
Inc
Co
Oil
Studebaker
Indemnity Co
Pacific
Pacific Lighting Corp common
Oil
12%
30 %
25
Sale Price
r
High
Dec
1.95
2,900
STOCKS—
—25 \ 33%
,—25 >
common
preferred
redeemable preferred
Sales
Range
Last"''
Range Since January 1
Low
32c
2.70
Week's
of Prices
Friday
Shares
al3% al3%
'■■■■
1st
6%
"•
High
30c
2.55
__
2.60
Products
Clay
Sales
for Week
Low
Par
Occidental Petroleum Corp
Oceanic
'
Week's
/ Range
' of Prices
•
Last
Apr
St
Louis
Public
Sears Roebuck
.
.,
Stix-Baer
Wagner
&
Service
& Co
Fuller
Electric
class
:
common
common
50
A
;
4%
320
4%
Dec
•
38%
38%
35
321/4
Feb
5
13%
13%
100
13
Feb
47V2
472
45
Dec
15
471/s
45
4%
7
43
-
.
,
Feb
May
17% May
55% July
,
Volume 168
Number 4763
COMMERCIAL
THE
&
CHRONICLE
FINANCIAL
(2717)
41
other stock exchanges
RANGE FOR WEEK ENDED DECEMBER 24
Friday
Week's
pacific coast securities
Dean Witter
".I,'..'
.
'•
'
New York Stock
"
••
v.-*' —
Exchange
Exchange
Honolulu Stock
"•MEMBERS
(Un)—.
Kern. County Land Company
co.
a
"
'
••
Leslie
LeTourneau
.
14
' '
WALL STREET, NEW YORK 5, N. Y.
Telephone BArclay 7-4300
SAN FRANCISCO
Teletype NY 1-579
'
LOS ANGELES
-
-
Magnavox
Inc—
Co
Friday
Reduction Co
Alaska
Sale Price
Alleghany Corp
Min
(Un>———
—
American & Foreign
American
Power
Ainer Radiator
San
(Un)
Corp
.175 r
-2%.
500
•V.
8
•
(Un)
a
a8%
14%
al49%
:
(
4% May
•
6'/4
Oct
10
4
!May
Feb
11%
American
Woolen
Co
•
(Un)
a35%
Anaconda Copper Mining (Un)
,
Anglo
.—50
National Bank..-, —20
California
Armour
&
i
:
Atlas
Co
(111)
(Un)—^
.
67 "
;
Jun
.
155
.
Feb
33
Top & Santa Fe (Un)_. -100
(Un) ——_____.l
—5
Imperial Diesel Engine
-2.50
Mfg Corp (Un)
-—3
Avco
Baldwin
Locomotive
(Un)
Baltimore & Ohio RR
Bandini
1,252
31
Feb
40 Va
2,236
•27
Dec
32'AJan
a7 Va
178
7%
Dec
15
139
89 y4
Feb
102
20
Feb
a
100%
of
California
Oil
—
•: 5%
-100
Bendix
;
Aviation
Corp
Bethlehem Steel
,
Borg-Warner Corp
Byron Jackson Co
•
Calamba
100
295
281
17
100
1
(Un)
—5
_
Pac
Trad
i
California
»
Canadian
Corp
Common
20%
Dec
31
9%
NOV
Dec
19 V»
OOt
12%
12 Vs
5
-
31
Mar
25
May
36%
1.85
2.30
5,200
22c
4,654
18c
23C
23c
10,100
18c
2.30
23c
Glorox Chemical Co
Columbia
River
_
30
ft53%
a55
19 Va
19%
—10
5
al43A
10 »A
'
a6%
a6%
!.
18
17%"
...Jun
4%
jJun
40 V4
Sep
645
17%
9 Va
Nov
12%
1,101
.12%
Dec
10%
10%
Commercial
Solvents
52%
Nov
64%
25
Nov
1
—100
«;
Commonwealth, & Southern
Consolidated
6%
83
.10
100
58
3%
8%
10c
34 y4
392
28
Feb
13 y4
13 y2
200
10
Mar
51%
51%
53
507
50%
31
31%
30%
660
1
1.35
1.40
1,700
68c
_25
31%
31%
1,478
31>/4
Sep
Consolidated Edison Co of N Y
Natural
Cons
Gas
Co
Nov
Jan
10%
Jan
Feb
15Va
Sep
Fisheries
4%
al5
al5
7%
4%
5%
31%
34
30
30
27%
27%
50%
50%
52
—
...
27%
——_—-100
(Un)
r.<
Consolidated
'
Vultee
Aircraft—
Continental Motors (Un)
Continental Oil Co (Del)
.
Public
Tel
Service
Tel
&
—
100
•
RR
Co
315
89 Va
89 Va
8%
Zellerbach
'-'Preferred
-
a
5
—
Di
Giorgio .Fruit
Class
B
Corp
cl
(Un)
A
17%
100
17%
Dec
27% May
3% Oct
3
1,335
25%
393
4
100
4
Dec
356
21
i Mar
; 20
4oy4
55% a55% v
9
895
24%
4,675
23%
247
91%
20
22 y2
Dec
a21%a21%
:
"J 7'.a .7%
;'7%
7%...
77c*
200
550
77c
Bond
Share
&
Co
Jun
S &
(Un)
20
;
Dec
19
Jan
60%
;
Food
Tele
&
May
<
26% May
5
16 Va
802
16 Va
Dec
22
May
(
8 Va
580
7%
NOV
22
Jan
i*
52'A
130
Feb
58% July
58
31%
Machinery & Chemical—
♦ Foster
Kleiser
&
r.
•
34%
Feb
5 y4
Dec
,.
50
,
.
General Motors Corp
General
General
Qonv
;
Food
4%
35
21
905
19%
Dec
89
32%
Nov
26'A
Feb
42'A May
Feb
15
Oct
11 Va May
Nov
15%
,•
Paint
2nd
Corp
a
Feb
16
42%
Jun
Gladding McBean & Co——cJ
*
a23%
Mar
30
44
Mar
%
'/a
Dec
14y4
Dec
-r
Great
North
Greyhound
Hale
Bros
Ry
non-cum
39 y4
a39%
a 58%
.585
16 '/a
>300
19%
15
..-:.7.23 &
65
j.
51
Feb
Mar
14
Sep
23
Tide
Co
Company
Water
,24
Union
Carbide
.
38
July
Union
;
-i; Idaho Maryland Mines Corpi;(Un)~1
Independent Exploration
33 y^c
^international Nickel of Canadan (Un) ..*
^
International Tel 4^;Tei (UhU——c—;*
;TXL Mining G6——'^.1—— JP2
Apr
53
Apr
,39% Mar
r
50
.3
.40
.(
5%
Mar
For footnotes see page 46. <
13%
1,060
1,734
3%
200
48
12
Dec
19
Dec
22
500
4
%"
Dec
64
52%
Feb
100
13%
Nov
10%
1,050
*10%
Dec
200
210
*1,600
9
"; 150
795
9V4
9y4
"41c
9%
4 43c
130
.
35
39
26%
Oct
34%
May
Dec
,
18 % May
16%
21
May
Dec
21c
"Jun
Feb
35
May
32%
265
Dec
7c
27%
175
38%
Feb
42
Oct
.30 Va Mar
46Va
Jun
'
159
40
122
Feb
2201
oct
;
22%
2,333
15
Feb
<32%
Jun
16%
C17
1,027
.1.4%
Feb
28
544
24%
Nov
29%
240
25 Va Mar
:
23
Jun
34
May
*
,
483
T 1.60 Nov
8%" Oct
25
*
Mar *
8% Nov-
c
6 00
41C
Dec
10 %
*.
.78
22%
19
,29
.
Carbon
219
33%
250
32
44
Feb.
40
22
Feb
•"
Jan
62% July
30% Jun
20
20
347
20
Dec
29
Jun
667/a
1,461
54%
Jan
73
Jun
73%
1,063
69%
Feb
90%
Jun
a21%
a21% a21%
a52 7/a
16%
a29 Va
*
22%
23 Va
10 Va
10%
Air_——-5
(Un)
11
aAlVe
—•
—25
'
Dec
Nov
21% Mar
42% July
Feb
38% July
1,750
.12%
13
115
1,470
2-%
20
Dec
23% Feb
..
.
Jan
30 Va May
19
Nov
10
Apr
3% May
Oct
2V8 Mar
570
70% :
68% Mar
87%
250
36
Nov
45 Va
225
225
310
40
38%
<
Jan
Nov
11%
"
13%
■
10'A
23%
70%
»
21%
12%
.2'A
Jun
! 32% Jun
Feb
10
38%
10%
70%
66%
Feb
I 19 '/a
112
23%
i' 1 40
Jun
Jan
165
29
13
10
16%
36 %
1,071
11
:
Feb
Sep
52%
'
1,150 /
40% a4I V4
287/a
,
11,616 V
23'A
(Un)————5
Inc
a
29
V
106
a52 7/a a 54%
■10%
28% May
16%
15
35
31V* Sep
369
a 28%
:—^_i25
com
150
16 Va
100
2.25
Dec
3%
Jan
440
7%
Feb
11%
Jun
July
''
•
West
Indies
—
(Un)—r——
Sugar
10 Va
!
100
1
(Un)
90c
-
Western
Western
,
Union
270
30
90c
6,100
■-(.:
6
266
4%
50
5 Va
15%
835
(15%
Dec
.12%
<15%
—10
.24%
15%
15%
a44 %
Yellow Cab Co common—l—————1
———-4.J.25
24%
150!
•
.
6%
6%
19 Va
20%
979.
89
a44 Va a44%
.
20^/a
23%
335
—
21
.
22% May
-f
.24% May
,
33%
■
Jun
^49
Jun
Dec
V11
Jan
Dec
;■} 27%
Feb
-
Nov
6%
19 Va
42
:. 10'A May
Nov
23%. Dec
Jan
Jun
24% May
Dec
<
May
,10 .Jun
Feb
21
a5%
15%
;
_7-50c
1.80
Feb
19%
150
14
301
Mar
31c
1,232
Nov
Dec
9%
510
21
(Un),7.1
Dept Stores
4-,—-
10 Va
a5%
—
Telegraph
Westinghouse Elec Corp (Un);
Wpolworth (F W)MUnj_
Preferred
J 10
6
!:'•■:■ 6
;—
9>/a
83 c
.*—
5
(Un)
U T_.^
9
270
1
,
Western Air Lines Inc (Un)_4——
——1
Nov
92c-. Jun
34
Nov
708
66
Universal Consolidated Oil———_ 10
Utah-Idaho Sugar Co
(Un)
——5
Preferred
Jun
:v. 16% Jun:
Jan
Jan
29 % July
Nov
72 Va
Corp
Lines
Wells Fargo Bank &
May
July
28 Va
28 Va
26%
.
66
& ,W&stern
Calif
Jun
Nov
24% May
23
77
49%
common—___10
,:. Westates Petroleum com
■x,..' 2.85 Jun
32
.
72%
—---2
Victor Equipment Co
Warner Bros Pictures
Jan
<*17% Jun
280
.
Apr
Aug
LTap
*
30%
25
,
J^n
May
24 %
48 Va
—
(Un)
(Un)—:
'
5%
lr60 Jan
13%
a30 a30y4
10,200
.13% May
15%
1
9
200
"
1
^United Corp of Del (Un————1
U S Steel Corp common
48% Oct
Nov
1; 10% Feb
"
-
415
8c
33%
——.(<.12%
55
50
185
€3
••
Sugar
Aircraft
•
"
49%
25
Oil
&
of
Air
10 y4
10%
Co
United
16Va
4%
%
.
22 %
(——
Corp
Transcontinental
Jan
Feb
,
Ass'd
United
13
—y2
Dec
17
28%
(Un)—
Transamerica
Jan
"28
A
.Texas
42%
40% Jun
% 65% Nov
Nov
20
.
13%
".toe——i._—6.66%
!
.
N J
Jan
16
-
Jan
'
May
48% jun
Feb
"
Calif
of
Jun'"
3%
•i
15%
23
30
24%
(Un)_—
of
Co
72%
155
13'/a
•4%'
Inc
Co
Oil
20%
"53
Hudson Motor CaT Co
Hunt Foods
Brands
Standard
Dec
10 y2
16%
Jan
29%
Co—.
Standard Oil
Dec
a41%
i—.1
7
24
a26 Va a26%
10%
10 y2
*
Jun
34%
,32% Jun
<
40 %
15%
38%
—
Co. pfd Ser A—
Pacific
57%
a 40%
64
.•
35
.
"*
a41%
(
Dec,
28
Corp
470
,
Jun
Dec %
120
11
;•
Oct
35
Oct
610
590
Nov
55
(.
•
33%
370
a27% a27%
preference
5,789
a3
•
159
preferred
conv
Standard
,
Inc_j.;_—
Hawaiian Pineapple Co Ltd
Holly Development
Holly Oil Co (Un)—
4.48%
Sperry
7% May
Oct
31%,Mar
50,
41 y4
a3
3
—
(
'41%
16%
'
37'A
—
37 'A
,
(Un).
Feb
a58% a58%
pfd ; (Un)_*
Corp
Stores
Conv
Southern
Jan
"
41%
May
Jun
11
'
Feb
,34%
970
7c
——-.5
5
■
49 Va
Nov
11%,
17
16%
350
SQ
31%
Feb-
30
15
(Un———
Oil
6
12 y8
J
29% Aug
Feb
22
"'
22%
Swift
10%
22%
22%
26%'-
26
8c
•
Jun
57 y2
.>•8% Jan
.
May
4<v210
•'u
a34%f
' tT—
16% "17%
—"
46 '/a
a237/8 a25 y2
25
100
Ifi Vo
P10
Dec
59
7
— 371
.-26%^;
a33 %
(Un)_r50
28
.: 12 >/8
preferred ———_100
V' Goodrich (B F)' Co common (Un) -.!.-*
Goodyear The & RubberMUn)
Graham-Paige Motors (Un)—i„_!_1
4%
Dec
6% July
34
412
11
10
a
.
31%: ,31%
; 26%
—5
Cement
Pulp Co—
Union Oil
Golden State Co Ltd common^.j_
;
a26% a26%
Studebaker Corp (Un)—
-1
Sunset McKee Co (Un)—„——.. 10
16 y8
128
11
Jan
19%
239
24
Jun
a
-I;
8
330
9%
50%
8
23%
21%
a58
„
2% May
"
8
9
50
23 Va
11%
58%
696
23 Va
Jun
common-
preferred
Portland
So Cal.Gas
Jun
.
60
-
3%
...
185
13 Va
—_10
Stores Inc.
:
Mining———
4,56%
Oct
9%
.38%
-____—___
31
13
•
Southern Calif Edison Co com
4.32% preferred
Jan
39
a 39%
Corp .(Un)——.
;
V4
24
Maurico
Socony-Vacuum
Oct
8%
Vl3%
'
General Electric Co (Un>„—_
(
I
Feb
20
23%
Nov
5%
Jun
33% a34%
1
5
common
!
Dec
Jun
• -
31
(Un)„__*
a27% a28y4
a27%
75%
15%
Feb
9
2%
4
a
"
854
Ye
.55 V*
,
100
130
"8
7%
7
220
;
.
q
13
—£—————
Soundview
Apr
Dec
25 y8 Mar
963
7'/8
58
41
2%
21
—1
Signal. Oil & Gas Co class A...
Sinclair Oil Corp (Un)
Jan
2,725
Radio—-
•
28
Feb 1
.
Oct
8%
4
:
Farnsworth
'
Nov
Dec
r-'ft
Sears, Roebuck & CO-——•
Shell Union Oil-!—-15
"
'
8 %
Jun, |
May '
5% May
11% May
18%
._*
100
W Fine Foods Inc—
San
Sep
Sep
550
—
61
19
q
"'Corp—-——
Oil
Bros
Safeway
July
220
Plantation Co j—
104Va
2%
————-25
.
13
Dec
5%
100
_
I.
Santa "Cruz
12% July
1.00 Feb
,
10%
237
(Un)—.
Dec
Dec
:
Jan
,
58 '/a
430
Emporium Capwell Co
Eureka Corp Ltd
Ewa
13
Roos
*2
Dorado
Oct
8
^^1.
Riverside Cement Co class A
Jun
626
Bridge (Un) —,
Dec
17%
:
238
V
—1
Reynolds Tobacco "B" (Un)lj,—
Rheem Manufacturing" Co—k_!
103% July
28% Jun
May
10%
Feb
457
2%
Qo-a.--——-,1(
Steel Corp (UhV——a—
Republic
34% Jun
i-
Dec
Feb
50c
400
___.
Kodak Co of N J
Oil Works—
Eastman
El
7%
426
Oil Fields Co (Un)
Chemical Co common
Electric
Dec
4%
'
1,000
.—
—
\ Preferred
Apr
63%
Feb
9
Oct
23»A
Va
•
(Un)
Preferred
Rayonier Incorp common
16% Mar
Dec
95
America
of
.
,Jun
,10%
Feb
49
9
y4
4
350
'19
61
141%
Feb
49
Republic Petroleum
497/a
Nov
94'/a
'
v
Sep
Jan
*.
Corp
25
Jan
10
Dominguez
Dumbarton
8
7%
23%
a21
_
55 % July
Jan
Jan
52 >A
1
28% May
6% May
Dec
210
com.
Doernbecher Mfg Co
Dow
Dec
257/8
212
common^....
$3 preferred
2% Feb
,
"
■a
75
8%
19
*
Radio Keith Orpheum
(Un)__
Ry Elec & Realty Co common
: 24 y4
Curtis Publishing Co'(Un————
Curtiss-Wright Corp (Un)1
Cypress Abbey Co £
•)
28
22%" Oct
.94%
Corp common.
1
:
Crucible Steel Co of America
Radio
16
.,
Nov
Jun
Feb
—1
1".
62% July
15
9%
Apr
July
27% Sep
16Va
8
Mill Co * (Un)—20
Puget Sound Pulp & Timber (Un)__„*
Pullman Inc :(Un)„———
—•
Pure Oil Co (Un)_
*
110
8%_
Jan
32
23%
—
7%
(Un)
65 '/a
20% Mar
13% Mar
1
20 Va
115
1,395
4%
4
,
25
Nov
i
91
a40'/a a40%
—
—33 ¥3
Feb
50
9y8
/.
Mar
12%
(Un)————50
50%
50
8Va
47
103
>—
(Un)_
32%
15'/a
' 8'/a
868
'16
—
——7
11
17%
.
25%
1
29 Va Mar
10
16
a40%
•.
•
(Un»4
170
43'/a
15 y2
(Un—— —15
| Creameries of Amer Inc
Crown
a53% a53%
W 9%
36%
35%
Dec
140
,
6% May
Sep
181
\
9% May
Mar
33
90
90'/a
110
com
Companies common:
Richfield
1
4%
29%
936
:
52
16
common
pioneer
Sep
■
—1
-
Sep
Feb
7
141% 141%
141%
Phillips
11% July
V
12%
3,834
33%
common
preferred !
Petroleum Co cap——
Pig'n Whistle conv prior pfd—
37
99
4
1,050
30%
Aggregates—
Electric
&
Pioneer Gold Mines of B C
Dec
a 39%
10%
200
Jan
Dec
99
9%
25
7%
Sep
7%
a39%
375
!
—5
Phelps Dodge Corp (Un)
*Jun
33%
39%
10%
——5
Co
1,95
Dec
164
a
d
<■
Nov
Dec
Pepsi Cola Co
V
(Un )—•
Jun
18% May
1,020
44'/a
38
Apr
786
(Un) — .ill 5
July
27
4%
Pennsylvania
68% May
,
7%
■'
69
Feb
19 y8 May
33%
3
Feb
17 %
4
Pa'cific Western Oil Corp
4—
Packard Motor.Co.com (Un)
Pan American Airways (Un)
.".'
7%
25 y4
32 %
353
5
Pacific
Jun
33%
,
825
1
Jun
Coast
Pacific
100
;4.
58
18%
56
18%
<
15%
Preferred
*
•
17
Feb
'
34%
—5
13% May
Jun
Feb
9%
Feb
Jun
Apr
13%
—25
Jan
11
300
40'/a
t
8%
•V15
— 72
:
83
:
13
Jun
_
;l
18% July
12%
35c
(Un)c
22% May \
11% Jan
Fjlters class B—
*
Sugar Co (Un)
.———20
1st
May
34
Nov
25
Coppermines
235
1.
al5%al5%
(Un) —-_10
j
.
Nov
Gas
Jun
*
Commonwealth Edison:
Jan
4%
Apr.
C
9
„
Nov
450
18
'
13% July
Mar
6
; (
43%, Nov
100
25'/a
,
10%
25
Apr
-20c
17% al7%
Jun
July
Amer
.'6%
Oct
•: 65
25'/a
Jun
21%
12%
12%
—
Paramount Pictures
a
A80-:
—:3d
.
Jun
20
Feb
15 Ve Mar,
8% Feb
f
2.35
Paraffine
17%
,60
65
14%
707
10
(Un)_,
48 Va Mar
200.
al5 ;,
225
Jan
a
May
3%
Jan
•
Jun
51c
3%
Nov
3%
3Va Mar
39c
Dec
—20
(Un)
Co
9
.
Jtm
Mar
1
;
;
Jan
7
(Un)_—____*
(Un)...
*
S
.
Jan
3.50
51
Packers
1.15
•
17%
Apr
Colorado Fuel & Iron common
4%
41%
1st preferred
redeemable 1st
79
43 y2
.
Nov
Dec
—10
5%
Feb
47
:
|
•
7%*Ftob
34% Jan
180
20c
.1
'53
25%
4%
,;
a29%a29%
2.45
5 Va %
29 Ye
•
(Un—_
Co
500
17% Jan
27 Va
\7
2.50
Service
12 V#
;
,
Jun ;
25%
-
^
Cities
4.585
1
■
Dec
May
350
10
Chrysler Corp
12%
,
800
10
voting trust ctfs
Feb
22%
35
2.65
250
voting trust ctfs
Preferred
9%
1,230
J
.
36% July
33%
6%
•
.389
23 %
.:
10
7y4
Eureka Mining Co—
Chesapeake & Ohio Ry (Un)
Chicago Milk St Paul & Pac—
18%
22%
10% alO Va
32 Va Mar
33
47%
Central
60
May
2.55
7'/8
Co
a32
-25
Pac
Jtm
39%
6Ve •Feb
190
__*
20
...
j
Apr
Jun
24%
Nov-
T——
47%
Packing Corp common
Ry (Un)
Tractor
38
•
Dec
7%
20c
Feb
15
United
Pacific
Oct
Nov
7%
(Un—*
com
14
220
1
Pacific Can
July
17
30% Mar
-
133
6%
16%
Dec
8
50
15%
25
5%
pfd
25
Pacific Lighting Corp common
—•
Pacific Portland Cement com (Un)__10
360
2.25
a25
6%
990
i
;.
23% May r»
,,
a31%
(Un)_.
—
Co
Sugar
Pacific
Jun
20 y8
a24%
71/4
8
'
Apr
Nov
20
Oil
Onomea
75
-
a53% a54 Va
•
50
1
■
Jan
18%
RR
5
_—
Celanese Corp of America
;
6,459
a22
,,
10 V4
____*
Mills.J
Pacific
Caterpillar
■
v-
Co
"
Calif
2.60
a38% a39%
___l
Cotton
2.40
-
*
Cement
California
3,255
a22
212
a 17%
a
1
Sugar Co Ltd (Un)_„
Oceanic
Oliver
Jan
.26%. Feb
81
11%
Dec
^May
Mar
11%
195
a22
2.40
-
4 y4
230
'
California Ink Co —
:
34'/a
10%
11%
—15
„
Sugar
Calaveras
;
16% July
7% Jun
4y4
34 y2
2
Boeing Airplane Co "(Un—„ —5
(Un)
17'A
Feb
a33% a33'/8
Bishop Oil Co
Blair Holdings Corp (Un)u...;
Borden Co
Dec
10 y4
17
(Un)
"
11 '/a
341
4%
—5
(Un—_
225
294%
.
295
<20c
8
17%
a
-10c
(Un) —
American Aviation (Uirli
Olaa
9
ioy2
1
—
1——
Mav
7% Nov
835
11%
—
(Un)
Ohio Oil Co;(Un)
Feb
3,300
7%
u y2
'
■
(
^ep
s
4%
5%
10%
;
24
N Y Central
Oahu
May
119%
5 Vb ' Dec
5ya
7%
13
A„
N
_■_„
alOl
a20 a20%
Dec
14%
"
:
< North®. American Oil ;Cons
^Northern Pacific Ry (Un)
May
; 33
28 »/4
al00%
10%
—10
North American Co( comnwn;
North Amer Invest common^
57% Aug
a6%
-100
Petroleum
Bank
Basin
._„
(Un—_
34% Nov
27'/a
Corp
Atlas
;
'~
32%'
562
a7'/e
■!
36
a
-18
;Nash»Kelvinator Corp (Un)—:—
National Auto Fibres——»T..
North
May
;*Jan
70
28%
—5
Atchison
Feb
Natomas Company
16% May
148 y4 Mar
V50%
6
a347/e a36%
32
12
15
Jun
*
;
}
23%
ZI5
National City Lines—
National Distillers Prod
Mar
Sep
12% Mar
51% Jan
833
a60Va a60Va
14'% May
,
l Va
50
50
.
al495/8al50y4
51
8
a!7%
*
(Un)_.
Mfg Co__
Morriso'n-Kndusen Co
26 y4 May
7
75
a
a53 % a54 Va
-14
>
*30
13%
Dec
1
(Un)
Montgomery, Ward & Co
High
Dec
2%, Nov
2%i. Dec
,'.
1,910
al%
a8%
a8 %
al4%
______
Viscose
3%
19%
480
al%
■
American Smelting & Refining (Un)
American" Tel & Tel Co (Un)
100
American
Low
20
7%
Power (Un——
Stan
High
2%
2%:
1
—
•
40%
High
Nov
Range Sine* January 1
20
:
59% July
101
Low
al0% al0%
-.5
^Mindanao Mother Lode
Shares
Feb
a32
Inc—'.1
M J & M & .M Cons
for Week
3%
Light (Un).;
&
&
X
'Co(j—— UO
Afnerlcan Airlines Inc (Un)
:
of Prices
Low
»
(Un—
Juneau .Gold
Range
-
Par
Air
Sale*
Week's
Last
STOCKS—
43
a
(Un)
McKesson & Robbins Inc
Meier & Frank Co
Menasco
170
1
McBryde Sugar Co
Exchange
a56
%2
1
Co
Matson Navigation
San Francisco Stock
8
'
.—7
Marchant Calculating Machine..
Martin (Glenn L> Co—
HONOLULU
-
2,025
a43 7/a a45Ve
a44%
—1
Libby McNeill & Libby
Lockheed Aircraft Cotp ——1
Loev's Inc (tJri)——
—
Macy & Co. (ft H) common.—.
San Francisco Stock Exchange
Los Angeles Stock Exchange
arid other principal Security and Commodity Exohafege*
8%
a55 %
10
(R G)
!4
8%
8>A
hzi5
Co —
Salt
Range Since January 1
High
*
Kennecdtt Copper Corp
Shares
Low
—1
t
for Week
"
Par
KaiserTFrazer Corp
Sales
Range
of Prices
Last
Sale Price
STOCKS—
!
^2
COMMERCIAL
THE
(2718)
CANADIAN
RANGE
'i "i 1
i
Friday
v.E^Ie P^lce
Abitibi Power & Paper common....—
c
—J
H-——
preferred
preferred
$1.50
$2.50
preferred
10%
I—I.
;18 %
•
^20
Acadia-Atlantic Sugar class A
B'%T
*>14%
15
1,20
'Low
38
-
„*
100
103
Aluminium
—
Ltd
"
Argus. Corp
*
4.%y/o
Ltd
4% %
pfd—
;-100
7% Mar
54 »/a
690
33 V4 Mar
58%
59 'A
700
25%-
TOO
24
100
44
45
6
7
45
5
40
26
"26
-21%
Mines
22%
>22%
a8.25
a8.25
Dec
j
45
7%
5
i.,22%
'
Dec
7
10%
%
262
,23
;28
155
28
'■
Sep
13
%jl;Dec (
l4Jun|
26
Mar
18
,
28
Dec
28
ec
r43
Mar
58
ov
275
.
'807
kj"55
510
.23
,22 %
.
I100
III.— _I—
42 y2
42%
16
48
•
36 y2
Feb
29
Feb
60%
...18
18
100
,39%
40%
332
•
-
'.Nov
22
Sep
39%
•
Oct
17
Dec
37
55
61
',.61
—
%;
44% Aug
Jan
15%
36%
36%
—
25
135
.
19
Mar
279
42'/a
..20% ;^0%
28%, May
,;.pec
T 75
462% 4an
5
al8 % al8'/4
•
,Dec
22
..
.464
4.74%, 47.4%.
(
Placer Development
T.Feb
Nov
67
May
30
Jun 5
47%
Nov
1
29% May
*"
42%
41 %
450
PpWeh vSlver ,po
24% Mar
■'Li.
—II
Ltd
Jan
Jun
17% Mar
40%
7%
.>58
•
common
80
66c
491
41%
Ltd
Penmans
Jan
Oct
Dec
'
25
«
I.^10I„
Tubes
15c
2,760
v
I
?,>Jan
%I',Apr
45
•
.
Light. Heat, <b Povjer com.
Page-Hersey
Power
'
'
:M»
-1.
Ltd—
Mines
65
,1.4P0
40
all'/a ;all%
Flour Mills vpommon__
Ottawa
Feb
•7%
'
Ottawa Electric Rwys
65%, Jun
49
'
n\gh
Mar
37 '
30
40
;' .i7%
'tJ*.
^Corp„—
Ltd
preferred
I_.
Ontario '"Steel" Products
25% Nov
Sep
1
—
7%
Dec
Feb
'
5% Mar
150
l70
20c
;
57-%
Car
'[
January 1
Low
V.780
-
'
Ogilvie
*
6
70
•
pec
9%, Dec
Feb
43
,
20C
_100
.
103
~Jan
25
Steel
Range Since
Shares
>37%, 37%
•
1
.i.^5
National Trust Co
Noranda
s':
—
***-
Sales
.,
for Week
,
of Prices
how r*High
—r
0
National
Apr
24% Oct
Feb
2,450
Asbestos Corp
Bralorne
16%
100
-
9%
2!
__
Bathurst Power & Paper class A
i. Bell Telephone 4
I—.
.
■■
25%
25
common
preferred '
.;
h
39
-
103
Warrants
,
21% May
36% Mar
"-38-""
Drug & Chemical com_
Preferred
19% lyfay
17% Mar
60
2,460
—
19%
JLp3
59
—_
Anglo Can Tel Co
C
12% Mar
2,475
15
—
Weed's
Range
,
'
*
Brewerles4,jpopimon«i—
preferred —I—141———
,
National
High
•9V2
>
?7/s
»
Aluminum Co of Can 4%>pfd
»
flange .Since January 1
Low
21V4
Algoma Steel
if
JShar.es
53
w
Agnew-Surpass Shoe
National
7%
;t
High
21%
•'
\,
Sales
for Week
ofPrfcei
„j|
f.
,
Last
Sale Price
STOCKS—
Par
Ranee
_par
MARKETS
DECEMBER «4
•
We«k'a
'. .last
1'
ENDED
Exchange
Canadian Fundi
Friday
STOCKS—
LISTED
WEEK
Monday, December~27 ,*49^
i
Montreal Stock
•
FOR
&, FINANCIAL-OHRONICLE
40% Dec
3,525
10
7
Feb
24
Jan
:
Feb
20%
Jan
of .Qan^da
Quebec Power
16
16%
16%
57
V 12
16%
16%
,21
21%
37
15
15'%
917
24
£4
65
•
Peb
,11
1,330
56
12
LtdiCommon
Transport
LljL—
Provincial
Oct
11
July
17
44
Corp
Price Bros & Co
22%,,SeP
17% Dec
„68 : \ Jan;
V
54%.Mar
375
v
['ZllVl
10%
35
;
-
,15%v,Oct
,18% pec::
Feb
15% Mar
320
i1
Brazilian Trac Light &
M
British
i;
V
•
•
American
Oil
Power
•
II„I„
18%
,-18%
18%
1.-555
.._*
common
Referred
24
.,£3%
,24
1,355
25%
25%
225
^25
•
■
St Lawrence ,;Corp
22% May
25
1st ^preferred __-I—
preferred I_.
May
27% May
British
Columbia
Forest
Products-—*
Br^lsh Columbia Power Corp ci
i-BruclCi/Mills $1.20 partic class A_
y Class B
v.,Canada Cement
,
-5%
5%
500
32 %
32%
645
32 %
>24%
'
,
27%
•*-
20
Sep
Sep
Feb
28%
.36
July
.
.
24
24 %
1,410
29%
710
27
"Jan
'I "30
Aug
18
18
2
12
JJan
18
'Nov
-
v
$1.30
VI
.
"
:
^ .....
Steamship
preferred
5%
.
,
.
.'j,
,
-a9 %
Canadian
*.,*
common
Celanese
35%
'IV*
$1.75
series
'.$1.00
series
i
Canadian
■„
11
15
i'V Spries
class
Jun
237/s
J50
14
13%
16%
22
22%
.
Sbut^pm: Press Co—
Southern
Canada
Pacific
15 '• Mar
50
1,-359
r
V 22
Dec
''
23
38
72
35% Mar
40
Co of Canada
Steel
United
'Aug
22%
100
21
r Mar
23
Aug
13
100
12
1
Cockshutt
r,
„*
..46%
46%
„«*
fTl%
11%
»11
%
33%
11%
34
1,370
,13%
13%
200
33%
-w*
13 V*
common
.-23
Railway
,
50
/TO
150
:T0
Jan
44
285
,
.^20
9%
1
16
16%
5,160
;
.9%
9%
12%
May
14%
Oct
,
Jan
1,834
29
.'29
Disflllers
Seagrams
18%
Dominion Coal 6%
...Dominion
Dairies
"25
preferred
common
-'21
1
.
16% Mar
22% May
27
-
33% May
21% Jun
-
Feb
'
Feb
", 16
Feb
'
8
-
.
^Dominion Foundries & Steel—
; Domhiiori Glass
*1% preferred
f
V,
common
49
a 140
al40
.4
144
Feb
155
12
Mar
..16%"
.
/ .17
1,340
28%
25
.a22
3
.19
25
17%
—•
26%
_—*
;
26
27
-505
40
590
-i-30
|i34% a34%
5
,
-
.
10
70
16%
Feb
•17%
67/s
1,800
a81
20
P3
82
82 %
305
6%
75
82%
I
6%,
v,
__
*
,1—
,'.p25
—100
\
Walker Gooder&ara, & Worts.
Weston
(Geo)
Wilslls
II
101
May
20
Jun
"
8%' May
97
v
Jan
67
Feb
82 %
Dec
0
Mar
21
Jan
25
10
101
Feb
101
Nov
,18%
..
27%
16%
20
1,751
27%
•_21
,
Nov
,a,16;,4 a 16%
—
24
:
8% May
Nov
Feb
-
Sep
31% May
Mar
24
125
22% Mar
L 28
_n:,. 18%
18%
100
17% Aug
21
—•
'.,.34
35 V*
1,969
.100
,a99
a99
common
Ltd
July
.20
a25
,101
—
23%
__
—
.
|
Jun
25
Mar
5% Mar
6%
a81
,
—
TOO
Jun
17 %'• Nov
29%
28%. Dec
•18
Sep
Oct
July
.May
,
Electric
...Winnipeg
common
5%, preferred
'
..Zellers Limited compion.—
5 'fo
preferred
VVt.
I_
Jan
.
a25
^—.—.——25
—
a25
5
.28%
28 %
50
1^25
—
Jan
,34%
.65
25
35%
.
Oct
45
May
...
'
1.7% July
1 Nov
27%
Dec
v99
Apr
Oct
^,,29
May
'
Banks-—
':-
Cangdienne
Commerce
oyal
.-10
...
20
.,20
528
21
25
J. 21% Jan
;Jun
,20
23
25
26%
25'A
■■'. 26
.—10
r___I_____L—.
250
1,490
,22%
?2%
;:dS
25 %
2,521
23% Mar
26 Va
-
-
*
Aug
.
•v
\.Feb
24
Nov
>,
Jan
,28
,,
: .257/8
pec
Jan
28
67«k. preferred
41
Feb
96
10
41
—
.
20%
.
Jan
*
Feb
23
39%
,
__
'
Nov
48
Feb
1,7%-,
19
__
—
16%'Aug
131% Nov
.38%,Van
'330
9
—
,
Dec
29
..-•706
9
'
.Feb
-<91%.Mar
,1,453
31
>
420%
y*
.;
18%
28%
420%
30%
>
10% Nov
L Nov
.10
615
•
> Dominion. Bridge
21% Mav
•/12% Mar
9
,
'34% Nov
\15
'•ll'/aMar
2,142
121% 124%
122%
'■*
:
44% Mar
80
551
t:,28%
17
—
common-
Steel; Corp—
preferred
5%
r
14 %
Mar
•
20% Mar
55
12%
12%
5
Smelting.
Consumers Glass
*
47%
.422
,
—*
Viaiv. Biscuit; common
Jun
.47
Mar
•
*
Plow
Consolidated-; Mining &
•24%
.4.7 %
..
18% May
Nov
Sep
85%
20% Mar
Dec
13
Cardy Corp Ltd class A
.
Aug
40% Aug
Power
Standard Chemical common-—
I 5%
preferred
_1
15 <lt;,Jun
>8y# Jun
9% Mar
750
14
i6%
22
Aug
27
1,535
84
;L23%
a22
_—
...Canadian
•
.
,
37
LI
Companies
4%,^preferred
t-23%
Class B
Jan
22%
common
.Canadian Locomotive
A
—
L*
Oil
,,
17% Mar
1,240
.20
Mar
?35% Mar
*
25
„
A
Class. B
Canadian
11
310
>30
53
3.1% Vuly
1,174
83%
;','41%.: 41%
,11%
■
She^wlns Williain^s of Can, ,7% pfd-,^100
Sicks ...Breweries
uqipmon.I
•*
V Simpson class A •
!
*
.Oct
42
15%
Dec
-.24
84
/1st
preferred
—
,-99
2nd. preferred
:—_—__l
Shawinigan .Water & Powpr .SPth—n-i-#
Jan
pfd_—L20
„_
—
Canadian Ind Alcohol class A
v
Dec
—125
„„
Converters
Canadian Cottons
:1'
14
35%
419%
.,20
common...L.J
new
14
,-35%
,
50
_
Breweries
Canadian
,
Mar
9
5
2414
Aug
,
;Ca,nadjan Car & Foundry common—>,_•
*
Class A
_I
20
j
a§%
.14% Mar
Dec
12
23
'
^...
Canada
■
:
preferred
21
,
--i.pt ^awrence..Paper ,Co—
,feep
•l'".6% Oct
5
-29%
VI
tf
Feb
"16% Hov
■117
*
Capada Iron (Foundries 6% pfd—„lo
Cahada Northern Power Corp
•
li
24%
80
26'/4
4 17
17
4% May
^20
-V
if
1_*
96
26
—*
•
common
Dec
.-3
*w*
i
2%
775
■.■•*2Vs
A—*
.
Building Products
3
21
.15%
■
L*
St Lawrence; Flour Mills common.
;
m.
,_49
1
.
2nd
■
Feb
40
Dec
Jan
35
Jun
~
v..
20
.
Dominion Steel & Coal class B
__
^25
y Dominion Stpres Ltd
4-*
Dominion Tar & Chemical common—.*
;
Red preferred
I_;
16%
492
.23%
23%
140
,21%
21%
30
21%
21%
275
14
Feb
23
Mar
__
—
23 %
—.
*
21%
26%
Dec
20
Montreal Curb Market
19% May
>1
_
if
.16%
16%
32%
Feb
Jan
Canadian
27% May
22% July
Week's
,
%
Dominion Textile
1
•.Donnacona
Dryden
11%
12
11
Feb
a 168
al68
5
165
Mar
.99%
99%
25
"98
' May
,25
25
50
25
Oct
12
—•
common
7% preferred
2,858
Paper
4%%
__
pfd—„ 100
Paper
—
:
*L
"170
29
May
Atlas
:
20
Electrolux
,,
Corp
:
Enamel & Hpating Products.—Famous Players Canada Corp
16
«.*
.
50
16
14%
45
14% Mar
19% May
18% May
15
;i5
25
11%
17%
14%
15
420
14
; Dec
24%
24%
225
19
Mar
25
Nov
85
145
84
Nov
91
July
17%
17%
186
105
—
:_*
16
,14%
85
__1
105
10
__
..
15
/
Dec
Jan
Gatineau
5%
Power
m'_
common
preferred
General Steel
5%
Wares
&
Howard Smith
Paper
£ Hudson Bay Mining
15
*
15
55
'> 102 102%
100
Alabastine
Oct
20
Jan
Sep
16%
100
108
Jan
,
14
Feb
101
Apr
105
13
Mar
17
30 %
31
—•
& Smelting
55
56%
19%
19%
10,911
Columbia.
11
4 °/o
13%
13%
25
25
!>6%? preferred
Indust
4Vi%
25
•
23%
125
4
Mar
"13%
Jun
6
.353
4
Mar
6%
Jan
11%
11%
14
,13
,
Sep
Dec
163
7'%
Jan
12
Oct
13%
Sep
16%
Jan
11%
Apr
.,'50
14
,
158%
6
158% al58'/4
2
14
12%
12-
.
a5%
•
668
12%
Jan
3,950
—100
1C2 103 Va
.
145
a4
25
665
4
.14% Jun
8% Aug
4V4 Mar
6
4 %
:
__1
Preferred
a5%
a4
—*
43%
Ltd
Jun
Canada
&
Canada Packer's Ltd.,class A
Canadian Dredge & Dock Co Ltd
35%
3% Mar
■
i_—ri-.
6%
I 78% Mar
Dominion
20
Jan
14
Mar
20
Nov
615
12
Jan
14%
115
Jan
,
Jun
-
24
33
23
Oct
37
Jan
,.25
Jan
18
Jun
19% Mar
24 Vz
Jan
61%
60
Feb
Sep
18% Mar
120
17
15%
33
50
24
7% Aug
Oct
24% Mar
•
17
Jan
82
Dec
Feb
3
July
14
Feb
i
Nov
151
1,035
#
2OV4
-.33
21%:;'
Sugar
*
—9
3%
Sep
60
,
6%
6%
1,475
L*
19%
20
1,100
19%
Dec
25
ja84
a84
25
.84%
Dec
92
8%
8%
100
8
Sep
13
20
Sep
6%
Nov
Investments
Ltd.
Canadian
Gen
Industrle§j5ommou
"Co
•
Dec
Sep
22
4,666
a80
a80
10
—i_i
a2.00
a2.00
2
•••■ T2
com-"'
7% July
"
21%
"121*
—
Canadian Ingersol Rand
25% May
£i
common
10
__
A..."
Company sgmmoo-
Burnett
May
Feb
100
—
Acceptance Corp
preferred _4l
19%
common_5
4
preferred
cl
Papkers Ltd
Class B'
Brown
Canadian
•
a
—
of Vancouver Ltd_j..5
Brewers & Dist
Jun
17%
70
16%
"
Imperial Oil Ltd
Imperial Tobacco of Canada
9
345
Jun
18% May
600
16%
•
common
16%
50
12%
,5%
—
Belding-Corfitelli i% pfd—
—100
Belgium Glove & Hosiery Co com„
High
Jan
11%
-
__
•
common
44-4— 4'
Lime
*
Z100
...
preferred
Gypsum
_
.100
•
B
Paper-class
Low
,
11
—
Power &
High
12%
—
Steels ' Ltd
British
Foundation Co of Canada—
Gair Co preferred——
Low
Ltd^-i_I_i,,il^I?
W'orks
Glove
Acme
Bathurst
/.-.Eddy Paper Co class A preferred
for Week
Range $ipcc J^nu^ry 1
Par
Juiy
105 ". Jan
Sales
Range
Last
Sjftle Price
13% May
"
'
——100
Funds
preferred
5%
_;_•
12
12
ill11*
———.
Jan
23
25
'
.
1.45
1.50
200
.
r 23
'
'
2% May
Apr
50
10
Mar
14
Jun
125
■
>
j
22
MarJ
25
'1
Jan
i
•
■
International
6%
Bronze
common
——*
preferred
International
25
Nickel t of
'^International Paper
International
International
Canada
Co
Ltd
Jamaica
Power "
—4
Public
Service
the
Woods
Lewis. Bros
MacMillan
f
,
!j
Class
11
70%
7,498
<;il
\ Mar
16 Vs
Jun
'47
295
139
Mar
53
,Jun
13%
225
14%
2,225
12%
13
47
46 Va
13 %
com—*
12
10% Mar
B
A
—,r2
Cassidy's Limited .corpmon
7%
preferred
Mitchell
1„__——
;
(Robt)
■__<*
Montreal Cottons preferred
Montreal Locomotive :
•112
■
y}r..
'36,
•
■.
Montreal
Murphy
Tramways
Paint Co
./ For footnotes see page 46.
12
500
-
•
Jan
37.
V" Oct
11% Mar
11
11
25
•11'""Dec
Mar
25 %
Jun
Commercial Alcohols Ltd common——.*
.6%,
:;3%
32%
Consolidated
"50
9 v;
.'.160
Bakeries of Canada Ltd—*
Mvir
ipo
160
50
155
Oct
Jan
Nov
5%
41
25
Oct
18%
19
162
•
14'/a
14%
14
14%
201
.
13% Mar
21% May
17% Jan
900
•v
16% Mar
225
'
14
Oct
16
9
Feb
11
5
Mar
9%
9%
550
,6%
6%
700
19%
19%
325
100
,!_•
a95
21%
a95
50
95
Mar
3,000
Apr
July
%
Sep
21% Nov
Dec
16
22
14%
-
9
Nov
795
%
13%
21
19%
-
100
23%
9% Mar
Dopnacona
19
265
16
Feb
21% May
a35
10
33
Nov
38
May
19
17%
17%;
41
42*
com—•
—:—T20
18
*
55c
—
Engineering Works Ltd—i_*
Dominion Oilcloth & Linolepm
_•
Dominion Square Corp
—;
__*
Dominion
18%
*
17%
Woollens
Paper
&
Co
Worsteds—
Ltd™
*
•
Easterp Steel Products Ltd
East Kootenay Pr 7 % pfd——:
Mills Xitd preferred—^
Esmond
38
Feb
40
220
14
: Mar
21
Nov
Fairchild
53
45
Jun
50%
Dec
44
Oct
Ford
24
July
19%
50%
50%
100
.39%
40
150
30
Apr
22
22
100
22
Feb
"
22
-
f.
9
'"'
Feb
18%
150
J6
55c
40c
35
k
33%
Feb '
851
20
13%
13%
102
10% Mar
20
20 %
1,785
19%; Oct
"•
37 XA Feb
Dec
,
Jan
Dec
39%, Jun
57
Nov
18 %
Jun
\2«j% May
Aircraft
Ltd
,
^20
Fraser
Co
of
Companies
Canada class
10
% May
a23
14
25
Aug
29
Oct
16
;16
65
16
Dec
19%
Jun
1.30
1.35
600
36
36
40
36
Dec
2
Sep
—
5
A
6% Mar
7 %
a23
a23
Fapny Farmer Capdy Shops Inc——1
Manufacturing Ltd
1
——*
Motor
325
7%
100
80c
Mar
2%
49
31/4
Jan
Jan
.Tan
2
56
2%
1,500
25%
*
1
•
'26
795
21
Jan
27
Jun
56
57
427
42%
Feb
—62%
Nov
..
"
Nov
.
95c
46
„
f
•
-
19
,
Feb
33
45
a55
^
42
Aug
38%
.20
.
21% May
May
500
a55
Fleet
19
„40
.200
-v
\
14% Mar
;
37%
38%
Feb
2,738
5,252
V
;
-13% Jan.
.4 '7% .Sen.
15 Ve Jan •'
Sep
45
Dominion
Feb
-.a34
39.55 39.75
—
Nov
*
39.70
Consolidated
5% preferred
Cub Aircraft'Corp Ltd——
^-*
Feb-..
16 % May
•
25
Paper Corp
Textile Mills
Jan
,130,
25
•
14
Feb
4
23
Jan
Dec
55
,
108- 4, Nov
.,'26
10
•
Montreal Telegraph
112
36%
Feb
Mar-
75
_*
—
100
—
38
12
v
365
—*
Oil
„_^_1
—
12
14
Oct
4% May
Apr
28
*
common
„
15
199
i
Dec
'
3ya
a24
i_*
——j.-.,
preferred
-< 53
74
.»
Feb
130
2,300
12
14%
Massey-Harris
531/2
al2'/a al2%
155
■>-
a24
_3
class
142
3%
l*
41—;
A)
44;
Export
140
I;j%
20 V2 Mar
v26%
i}
I s
I i
1%
74
*
—4—4.
(John
62 %
53%
Nov
56%
;
613
74
Jun
56%
.5
Molson Breweries Ltd
I;
Mar
56%
12%
Ltd
McColl-Frontenac
it
46
I
3%
•
100
Jun
*
—*
common
4—41
Ltd
Mailman Corp
5 %
Jan
39%
980
Consolidated
Sons
&
Laura Secord—
h
27
29% Mar
34%
'
bf
>7% preferred
Lang
H
Ltd
;Labatt Limited I (John)
Lake
10
.34%
"
International Utilities Corp
J
a20% a20%
34%
15
common
Petroleum
_•
—•
Jan
/
.Volume t168
.Number 4763
& /FINANCIAL
COMMERCIAL
CHRONICLE
1
:
■
.V
■_
>
.
LISTED
CAMADIAN
■
_
.
MARKETS
RANGE FOR WEEK. ENDED DECEMBER 24
1
••,•.,0-'
•
I
I
Friday
peek's
^S»le«
•"
:
.fi.V'S'r--"'-'
•
,
i
Paper Co Ltd
Hfelifaxjlnsiirance
•
Par,'■,
'.
Hubbard
com———*
Co
Feit >Co
common
,?
r
i
"
Iritern&ljjppal
.yn\\
\
Co.Ltd
MacLa,i;en Power'&
!
Tel
f
&
"Rights" when,
"
Massey:Harris
j-
Minnesota
i
and if,——*—10
as,
Co
com„———:,10
6%%
conv
&
Ontario
Paper
.1-*
Nova
|
Scotia
Lt
&
.
38%
"
.<
>
77c
Paul
Power-Corp of Can
j,
.V6%- N
r.
<G
.
Reliance
j,
6%
87c
'21 %
<74%
74%
9%
R-,u
*
Ltd 5%
Grain
Co
red
Ltd
Russell.Industries
<
/
Jun
.
STOCKS
Jan
3d Vi May
k'
MA'r
8%
a28%
Abitibl
Jan
i^8Vi%diec
Dec
21
'
•
20
Gas
\
>
•
IOV2
;
-19% -Apr
♦;
109% Mar/ '^V
10 Vi
13
Apr -f/
20
Apr
112f
Oct
14 Ve
2iya
Mar ->
Nov
t.
.
i-.:
I—*
"41c
V-V.v'
.■
Thrift Stores Ltd
United
•'*/
41c
.•
Securities Ltd
-ilOO
*
41c
Aquarius
Wesbecl Products
Ltd.i
i--°
Woods
^Manufacturing Co Ltd—i.—*
!
'
—
•
.
"
16%
37'A
-39
—
1
Corp
common.
Preferred
2,402
>v
—
Arjon Gold
110
"
1
Ashdown
109
.Mining-Stocks—
'
Mines
Argus
460
39
1.
Porcupine
Warrants
36%
---
Rouyn Mines
Apex Consol Resources
Armistice
j
—
Oil
Anglo-Huronian
22
16%
16%
—
Canadian
25
-
111
16
———1.
Lead
Anglo
'v.".
r——-*
—
Yellowknife
Anglo
'*50*
•
1
,
Cyanamid
Anacon
78
-150.--
.
common,—
Ltd
American
5
10%
.111"'
—
American
Nov
50
18
*
..
Area
•
—
—
Aluminum Co of Canada pfd—
Amalgamated Larder Mines
25-<v-
a49% a49%
—
—
—
Aluminium
"370
18
17Va
pfd—vlOO
common
Yellowknife "!—1
Gold
Algoma Steel
u'
1,650
■-
15
i——,—* ''—
Sangamo Co Ltd
L
Southern JCanada Power
6%
Southmont Invest Co Ltd
,
Oil
&
Surpass
Alger
.90
-/•'.I
.
53
18
—
Acme
Akaitchp
'
110
"14%.
—
pfd—__20
Paper
Preferred
Agnew
i'•,
65 '
21
53
_1
&
,
00
35.
"•
14%
20
109
/A
,
<
14'A
-
Power
$1.50 preferred—
class A
Acadian-Atlantic
385
9%
19%
———
Ltd
Vi Oct
■Mn
7,737
>
.
allO% allO%
>
rl4%
preferred—Ji—,50
& Paper 7%. pfd—,—100
(Can)
"
—
1st pfd_100
cum
5
-
26%
'
-—"
—
'^O-'A
J,an
Jan
116
21%
—
part 2nd
Quebec.Pulp
Reitmans
•
Ltd
:
Sep::
„
,',.250
77c
—
*
Service Stores Ltd—
26
> 65
39
.,26%
»
—
——100
_
5
•
18
-
18
0
common
10
'':r
'
—
V
.
Pr
6% preferred
Nuclear Enterprises
.-26,.d;;
a8%
Dec
15
,
High
•
*
I),
260
>.;50
'
a28va a28%*>:-..
--
Co___—5
Corporation Ltd
,
Mount Royal Rice Mills Ltd!
I!
!i
10
a8*/a
•
•
pfd—20
Moore
Low
>a3>.25'.
28
'
Paper Co———*
Maritime-Teleg
' 10
a3
'-v/"
*,'
.j
.
-Rfcttf e Since January 1
:
;15. 15%.".%
v
V
26
class B—_*
^Shares
.
High
-'J?
Metals
IiWestmmjt
Loo.awGroceteria
t
Prices
Lou?
'
.
.
\
IndUst Ltd cL A,*
Foundation Ltd common_j.*.
i
i
_^
*--10
Ltd
Toronto
-for Week
-'.y"Sale Price.**!
t \
\
}
V
Great Lakes
-j
STOCKS—
Hardware
class
Ashley Gold & Oil
50
Athona
Mines
39e
Jun
14% Oct
A
:
.1
(1937)
.1
9%c
•
I6V4C
Jan
27c
Nov
12 %c
•
Alta Mines Ltd
Ai'no
Mines
J—1—
_L_1
*
s
—
Base
Metals
Bob's
—1
Mining Corp Ltd_
•
4c
4c
2-500
7c
2c
-
—
,
Ltd
Band-Ore Gold Mines Ltd
2%c
8,500
3 Vic
Jan
17Vic
Jan
/
i_
4'/2C
57c
55c
57c
6c
6%c
14c
14c
2%c
2Vic
10c
15c
Atlas
Oil
Steels
—
Atlas Yellowknife
""1,000
'
Mar
500
\
-
Atlantic
4V2C
1,000
7,400
Aubelle
68Vic Nov
Mines
Aumaque Gold
Lake
Gold
Mines
Ltd——
1
Bordulac Mines Ltd
—
1
—
Aunor
33,000
Gold
Bagamac
Fouscadillac Gold MineiLtd—-----—1
Bouzan Gold Mines Ltd—
•
Buf.alo
Canadian
Gold
Mines
Ltd—.1
12c
A,
Mines
Bankfield
Consolidated
Mines
Ltd
Consol
Central
Cortez
Explorations
33,700
2c
of
Nova
of
Toronto
Base
Metals
Cadillac
Mines
-
6,500
Ltd—1
Ltd
5c
5c
A—
9c
13Vic
16c
8,100
4Vic
5c
Bathurst
9c
•
Mines
Ltd
5c
*
—
—*
_x
—
Gold
Power
„
Bell
24c
——-J
—-1
16'A
17c
,
—
16%
640
24c
1,500
Gold
A
Yellowknife
Telephone
15c 17%c
1-93
2.00
,
30 %c
Mines
Bertram
Jun
82,000
17%c
2.00
Dec
class
Hat
Gold
class
A
Bobjo
Ltd,
Mines
Eonville
17
24c
r
Kirkland
41c
17
—
Gold
Btdgood
Ltd.
Mines
A
5.25
26c
i.,
&' Sons
Bevcourt
Dec
5,500
4.90
•Berens River
23 % Mar
Mines .Ltd
Eldona
class
Bros
Beaulieu
Biltmore
Sullivan
Elder
'
:
Belleterre Quebec
Mines Ltd
East Malartic Mines Ltd
East
i.
—
Mining
8,000
—
1
Scotia,,
8,500
2,500
—
-1
Duiama Gold Mines Ltd
Duvav
43c
2c
2c
19c
29c
.
Montreal
Beatty
Cheskirk
Dome
—
of
Bank
48,500
19c
Candego Gold Mines „1
*
Cartier-Malartic Gold Mines Ltd—_1
Celta Dev &
Mining Co Lid—..—
*
.
*
Bank
Bank
1
—
25c
12c 13 %c
preferred
20
20
4.50
25c
17
Dec
Aug
Dec
18 %c
Oct
11c
Dec
18% May
Ltd
Gold
:
—
—
Bordulac
Falconbridge
Nickel Mines
Goldbeam Mines Ltd
Goidvue
Mines
Hillcrest
Colliers
Ltd
Boycon
Ltd-fe—
Cons
Bralorne
"
■—
Gold
Mines
Mines
Joliet-Quebcc
Kerr
Ltd—
Mines
Addison Gold
Traction Light &
Lake
Brewis
Ltd—,—5
International Uranium
Mining Co
Lake
Mines
Brazilian
Hollinger
Jack
Pershing
Pwr com
Red
British
American
Oil
common
Preferred
—
•___
British
—
Ltd
Columbia
Elec
4%
pfd—!
British Columbia Forest ProductsBritish Columbia Packers class A
Mines
Ltd
Class
Lake
Rowan (1945) Mines Ltd—
Lingside Gold Mines Ltd
B
—
British
Columbia
British
Dominion
Power
A—:—r
—
Louvicotirt
Goldfields
Macdonald
Nechi
New
Mines
Ltd—;
Mines
Porcupine
Bruck Mills class A
Cons Dredging Ltd
Thurbois
Broulan
Ltd
Oil
———
Buffadison Gold
Ltd—
Buffalo
Normetal
Mining
Corp
Ltd
Norpick Gold Mines Ltd—
Norse
Man
O'Brien
Mines
Gold
Canadian
Buffalo
Red
—
———
———
Mines
Ankerite
Buffalo
——
—
Ltd
Lake
Pandora
Cadallic
Pen-Rey
Gold
Gold
Mines
Building
Mines
Quebee
Labrador
Quebec
Manganese
Quebec
Yellowknife
Ltd—_
Class
4%c
Ltd—
Piccadilly Porcupine Gold
7%c
Ltd'_
14 %C
Mines
Feb
65c
Ltd,
14 %c
Red
Crest
B
Burrard
Dec
89c
Mines—
A
class
:
—
Feb
19.%c
Development
Gold
Jan
20c
8%c
Mines
Co
:
Product's
Burns &
class
A
Caldwell
Linen
Calgary
&
2nd preferred
Edmonton
Callinan
Calmont
Jan
May
Flin
Oils
Flon,
Red
Campbell
Lake
Gold^ Mines Ltd
Rochette Gold
Mines
Co
Ltd
Canada
—
Cement
common,—
Preferred
Santiago
Mines
Ltd—
—
„,,5
Senator-Rouyn Ltd
Sherritt-Gordon Mines Ltd——,
—.
11c
42c
2.29,"
10 %c 14 %c
Canada
141,500
42c
42c
2.29
Gold
Mines Ltd
Lines
SS
Standard Gold
'Sullivan
Cons
(1944)
Cable
Canadian
Bank
of
Canadian
Ltd—
Mines Ltd———1
Mines
Asbestos
Breweries
Canners
Corp
"Vinray
Malartic
Mines
Malartic
Westville
1st
Mines
Mines
Jan
class
B
Commerce—f,—
Ltd
United
(West
Jan
20IV2
common
Canada Wire &
Canadian
Mines
Nov
Dec
53 V2
<
2,400
Canada
Siscoe
Stadacona
24%
29%
—
Canada Permanent Mortgage
400
1.99
—
Malting Sh Warr
Ltd—
:
Ltd—
Ltd
common
preferred
—
Preferred
Canadian
Class
——
Car
common
A
'
OH Stocks—
Canadian Celanese
"Anglo-Canadian Oil Co Lid,,.
British
Dom
Oil
&
Dev
,
Preferred
Canadian
'Consol Homestead Oil Co Ltd
Decalta
Oils
11c
Jun
21c
Ltd
Dec
.
:
32c
Jun
Oil
Co
2.25 May
Ltd
83c
New
Pacalta
Ltd
Oils
Co
Ltd
8c
Petroleum
2.30
18 %c
Western
Royalite
Oil
Oils
Nov
Ltd
Class
B
— _
Co
class
A,
___
Indus
Alco
"A"
voting,
—
'.Canadian
Locomotive
Malartic
May
Canadian
8%
Oil
Cos
common
preferred
July
32 %c
Apr
Canadian Pacifio Railway
Canadian Utilities preferred
Dec
3.65
Nov
Cariboo Gold
Dec
32c
Dec
"
Rights
Pan
Nov
14 %
1.85
Pacific
•
Canadian
Home Oil Co Ltd
New Okalta Oils
common,,
32%c Nov
Gaspe Oil Ventures Ltd
Globe
new
Canadian Dredge
Food Products
Canadian
Corp.
Centra)
Jun
Jan
2.65
Castle-Trethewey
Central; Leduc
21%
103%
—
Oil
Patricia
—
—
Gold
Mines
Jan
44
&
COMMERCIAL
THE
(2720)
RANGE
Week's
Range
for Week
Sale Price
Centremaaue Gold
J <;
6c
Cochrane Dunlop common —i.
Cockshutt
2.45
6% Mar
8 ¥2
1
Yellowknife
Colomac
Commoil Ltd
Coniagas
Mines
__
8,500
5c
700
31c
35c
1_—_—*
75c
80c
1.46
1.46
500
1.00
1.00
1.46
5
■
,
Malartic
57c
49c
57c
18c
18c
18c
class A
Apr
Dec
1.10 Jun
Dec
Dec^
85c
Jan
21c
Jah.
Jun
32c
Jun
91¥2 Mar
131%
Feb
Jacknife
Jan
13>/oc
11c
14c
41,050
Consolidated
Mining & Smelting
5
122 V2
121 124 Vb
1,920
Consolidated
Press
8V4
50
3
Oct
30
145
Mar
Conwest
Croinor
Cub
,___
t
Petroleum
Decalta
Lake
Red
Dickenson
Distillers
Ltd
Steel
&
Dulama
Woollens
Gold
—
Oil
_
Malartic
East
Sullivan
Mines—
Eastern
Nov
1.60
Jan
Kirkland
18%
45,700
10c
July
48c
4,000
20c
Nov
45c
July
82c
Jan
Lake
^8%
class
Paper
Elder Mines
Eldona
El
Sol
Gold
Eureka
Corp
Lake
Shore
Mines-
Lake
Wasa
Mining_____
Jan
Oct
65c
13 ¥»
Nov
23% Mar
380
24
Sep
27
Feb
1,138
22
Mar
28
Jan
550
6
Mar
12 ¥4 May
23
Feb
13%
Feb
27
23%
195
11
25¥b
13 ¥4
3,000
Jan
Jan
30¥2c
Jun
18c
581,800
4c
Aug
18c
28.000
15c
5¥2c Mar
13c
Nov
Feb
50e
May
26c
38c
8,700
1.90
2.27
99,975
1.33
3.10
3.25
18,725
1.64 Mar
7 ¥2
160
7
¥4
6¥4
Jan
3.50
May
10
Sep
Mar
20
37c
5,400
24c
July
74c
74c
69c
74c
32,450
55c
Mar
9c
9c
9c
3,700
8c
Nov
515
16 ¥4
56c
49c
57c
4.40
4.45
350
Jan
1.54
—100
112
4% C
14'¥4
-36%
310
34
7 ¥2
100
113
55
5¥a C
5,500
15,
36
__
Fittings Ltd class A
Fleet
Ford
Motor
Class
B
Frobisher
Gair
class
,'i
-
l A
!
Co
A
Exploration
2¥b
Jan
5¥<>
Pr
General
Steel
:
,
4c
Oct
14c
Jun
15c
July
37c
Oct
Oct
50c
Jan
5,000
42c
45c
49c
28,211
6c
20c
-
6c
2,000
20c
33c
32,200
7c
2,500
•
•
common—'
Preferred
1
5,755
113,600
__
1.30
1.42
23,250.'
12c
500
23 ¥2
__
3,500
12c
1.40
__100
i__-
Yellowknife Gold Mines—___
Gillies
Lake
Glooe
Oil
God's
Gold.
23 ¥2
35
Mines
Gold
Nov
7c
2
May
Golden
Arrow
Golden
8% Mar
Sep
Jan
3 ¥*
Sep
Manitou
—
Goldhawk
Porcupine
5.75
5.90
500
7.75
Jan
3c
__
3¥20
9,500
2¥2C
Dec
6¥2c
1.13
Jan
1.05
1.25
16,900
38c
Mar
1.36
4c
2c
Feb
5c
May
700
6c
Nov
15c
Jdji
-
■
2,000
f
•
Preferred
19%
19%
4%c
16,000
2¥aC July
87c
93c
18,200
60c
1.07
1.15
7.000
&
1
<
3
class
Jones
Oro
*
A
1
Oil
Gold
Mines
Ltd
4¥»c
•
Mines
Lencourt
90c
1
Gold
Grafton
Little
Gold
class
Co
&
class.A
Loblaw
Groceterias
Class
A
Guayana
Gulf
Lead
Gunnar
_L
Mines
Class
Dec
94
Jan
Sep
2
108
Jan
Dec
.3%
;
Mar
■;t
.
1.50
Jan
505
Nov
J
115.
13...
102
14
.
4.70
99
5
8c
4.90.
8 ¥2 c
.
-
:
46c
17c
..
6,a95
-
Jan
106 ¥2
Apr
Jan
22/200
6,925 t
2,000
52c
26ȴa Mar
31 ¥2
85
24 ¥2
Apr¬
29% Aug
11%
40
il ¥2
Nov
13¥a
Nov
1.50
36 ¥2 c
39c
18,100
35c
9 ¥20
9¥2c
11c
18,400
15c
3,200
2.30
1
——
Gold
class
_______
•'
2.10
2.31
65c
65c
72C
..
'
Red
Madsen
Malartic
Lake
'
9¥4c 11%C
I
15,750
8
9%c
17,200
37c
4,900
26c
1.05
22,300
73c
Nov
6c
7c
6,000
6c
Nov
2.83
2.89
7¥aC Feb
Oct
1.95 Mar
4,626
14c
•
9 ¥2
250
9
6%'
6%
280
6c
6¥2c
7,721
4c
4¥2C
,4%c Dec
66,000
11c ll7/ac
.
7,500
3c
Sep
8¥2c
Sep
2.50
:
2.50
2.35
'
5,500
12¥2c
I
47,615
1.50
16 ¥2"
16 ¥2
25
15¥4
2 TO
II
10c
225;;:
11c
4 ¥26
•
11 ¥4
I
1
11 ¥a
*
7,800
4¥2c
21%
22 ¥«
26%r
___!—
.~ 9t
14 ¥2
1
'
*'
.
•
_____
Oil
23%
*
Millsr
Mercury-
10%
7c
—
f
^
Mining
^i_„
Corp
8,600
6%'c
7c;
23,000
12c-
6,040
23
r
•
6¥2c
10
-Model Oils
Dec
Feb
Montreal Locomotive —^
9c
Jan
Moore
Jan
Morrison
_____ _____
Porcupine
Corp
—
120
Nov
Mosher Long Lac i———
Feb
53
Oct
Mylamaque Mines
May
11
Nov»
National
19
19
100
18
Nov
20
Dec
20 ¥4
Dec
Mar
441/2 May
1.15 Jun
Dec
3.20 May
81c
81c
1,200
60c
Nov
45c
55c
18,700
22c
55c
1
45c
22c
500
17c
37c
Jun
Drug
common
Halcrow
16 ¥4
1
Swavze
1
Halliwell Gold"—
Hamilton Bridge
'
1
—
16%
4¥2c
2,000
2c
8 ¥2
_:
13 ¥4 Mar
375
4c
Alabastrine
2¥4c
-
9
3¥2c
l%c
3,000
Sep
Apr
6% Mar
200
Rock
Harker
Gold
Harricana
Hasaga
For
Gold
i_l_
.1
1
Gold
Gold'
footnotes
page
46-
*
T
:i
I'J
tee
21 Vic
1
Mines_i_
8c
.'
—
.
21c 24 ¥2 c
75c
8c
'.68c
9 ¥2 c
75c...
12c
24,650
8c.....-3,000
,..
July
5¥2c July
3,500
5c
Mar
14,127
62c
.Nov
Sep
•31c
Jan
Apr
17 ¥8 May
6c
3c
9,000
Nov
35c
30
Oct
May
X-9 ¥2
¥4 July
Class
National
B
Sewer
Pipe
National
Steel
National
__■!
Oct
class A
May
New
Sep
New
Calumet
__i
Mines—
-
10¥ac Nov
29c
*■"
Jan
•
24 ¥»
■'
-
Dec
11c
15 ¥a Mar
5¥ac Mar
Jan
75c
i
1
Jan
Jan,,
3
F.15. Aug"; r
I 750
,6.10 Mar
43c-
3,100
.
11 ¥a
"
Mar
28c
Marc.
19 Vi
260
14
May 1
Feb
Oct
67C
-
Dec
54c
i
May
Ndv
21
76
Apr
74
130
65
3¥a
50
3
Nov.
8c
Oct
7c
Nov_
7 ¥4
Dec
7 ¥2
Dec
10 ¥4 May
15 ¥a
Dec
Jan
9¥ac
1
—1
—5
10 ¥2 C
5
11 ¥4
10 %c
8,000
7 ¥2
150
11 ¥2
135
•
..
FCb
4
}
15c
-
•
Feb
37c
Mar
14 ¥4
355
13 ¥t May
16
28 ¥2
225
27 ¥2
Apr
30
Jun
16
18
175
10
Apr
17
Nov
15%
Apr
17
Nov
58c
Nov
34
Jan
—*
"
15 ¥4
5
48c
9,800
27
115
22 ¥2
45c
45c
26
15%
0
23 ¥a
600
28
28
40
2.10
2.25
8,050
103 ¥a 103%
2.22
1—100
preferred
Bidlamaque
Jun
8c
22c
110
8¥ac
3,000
Sep
15c
•
72
—_—10
:
(Wm)
j 66 ;• Mar
-
-
3 ¥2
*
Car
Mines
Neilson
Nov
1¥2c Oct
1,000
19
Nov /
,
_
May
_
"
_
'
19 ¥2
25c
Trust
Jan
29C
55c
42c
1
—0
——*
—
Petroleum
50-
55c
1
,10
9% Mar
*
—
—
National Hosiery class A
12c
1.04
-
•
300
1.60
Nov
9% May
23 ¥4
Mar"--.
7
Mar
6c
Nov
Mar
10%
......
Preferred
Negus
Hard
^ 15
—20
National Grocers common
National
Gypsum Lime &
Oct
Oct
8c
¥2
May
¥2
Mar
*
—
10
15
DeiC
23
Dec*
—*
common—
Brass
270
23T'a
7c"'
Apr
49
38
Feb
2,14
!
235
36c '
1.55
Brick
Milton
2.95
25¥20
•
335
.
12c
6%c
—__—___l
Red Lake.—:——1
100
110
Jan
3.15
16
;25'.
9
53%."
53
34c
1
Gold;
75
815
Sep
40c
24 V
75
14%
"14
53
5
Porcupine
45
39
9¥#
Apr
3c
1,745
26%
McKenzie Red Lake.-
65
15 ¥2
Feb
July
11
Oct
11
-
500
•
—20
,
common
52
39
Oct
1.54
"
McCdll-Frontenac
104
15
Jan
Nov
-
40c
•
3.10 Nov
14,400
27c
1—i
10%
.
15c
Feb
2.14
common'
52
Nov
'
1.85
*
1
:———
10 3/4
100
3.00 Jan
,
-
4% Mar
22¥ac
-_
16c
-
Feb
NOV
Dec
Jan
1,09
17c
3c
'/•
Dec
9 ¥2
1
l.
:
McCabe Grain class A
McMarmac
Oct
1,000
;
Aug
¥20
95c
*
Mines-
Gardens
Milling-—
Preferred
McLellari
May
5¥2C
Feb
20c
-<v 1.95
July
6c
1
Martin-McNeely
Feb
19c
5 ¥4 c
Jan
25c
Nov'
40c
6%
A__:
Gold
Gold
Nov
Apr
8¥2c
1.80
6,035
II,000
•
1.02
—
Fields
Gold
.14c
Nov
11c
1
Dec
Aug
6c
26c
9c
1
Mines
Magnet Consol
83C
■
Mar
36c
.
Jan
G.10
6¥2C Aug
7,500
Feb
28 ¥4
Jun
17
2.90 Mar
:
.
Jan
30 ¥4
14 %c
1
%-a.
Export
B
2¥a
.,
14c
59c
July
10c
1
MacLeod-Cockshutt
...2
200
Nov
Nov
67c
__
1
105
-
6c
20c
*
Macho River
25
,
500
I,400
18,000
29
1
15
101
7c
86c
28
Macfie Red Lake
85
75C
__1
.'_
Gold
Jan
Jun
Feb
2.29
1.30 Mar
1
Mines
Dec
85c
_1
Mines
7,275
„
5,500
6c
11%
Mines
MacDonald
2.18
16c
*
16c
50c
A__
Yellowknife
Leaf
8 4 V2
class
Goldfields
Louvicourt
Leaf
*
Lakes Paper common—:
1.25
Dec
80c
•
Marcus
*
preferred
1.19 May
Mar
5c
Jan
Dec
Nov
6c
7c
*
B
Maple
*
A
Jan
48c
Hosiery class A_,_,
Maple
42c
__
8c
17 ¥2
20
Dec
48c
1
;
Long Lac
Feb
70c
■__*
—
_.
Jan
Aug
Mar
1.04
Feb
11c
5¥2c
1
National Drug preferred —1
Great
*
3c
12
19%
Feb
6c
1
Lingman Lake Gold Mines—
Dec
50
—«
Gordon Mackay
Jan
4¥»c
Lawson
8 V2 c
■
Goodyear Tire common
70c
May
25
May
1
:
25c
135
94
1
Mines
14% Mar
Dec
9.75
3.710
35c \ "
11 %
11
Oct
8,000
7c '
7c
11
-
4.10 Mar
7,500
28
*
Mines
Goldvue
Jun
15
Moneta
Goldora
25 ¥2
4¥2C
27
75c
2.85
Jan
Dec
4c
Apr
21
1
:___
;
19c
Dec
75c
12 ¥2
Mar
11
1
:
;
Dec
22 ¥4
•
Sep
1
Eagle Mines
Jan
10c
14 ¥4
Mines
Dec
45 ¥2 c
1
Jai)
Jun
1.78
14%
"U"
Feb
1
Gold
Nov
4%c
Larder
Laura Secord
Mid-Continent
Goldcrest
1.15
*'
Jun
23%
•
:
22c
60c1
"
3c
88
1
;___
____•
15'" "Jan
>
44,500
30
J_ :
1
Lake
Goldale
4.75
Nov
8%c
25
102:
:
1'
Nov
7%C Oct
32c
4ic
8e
Mclntyre
Giant
11 ¥2
14
40c
__
'
1
485
•
/ 15
:
4%c
9c 10¥2C
13 y2
14
;
-«
Wares
25c
Lapaska Mines
105
—
Nov
2,033
16c
*
85
j_—_—'•
Feb
59c
5¥2c
Gold
Lamaque
26
;___—______100
Bakeries
General
58c
Mar
4¥2C
Jan
6.95
2.10
-
Jan
3.00
'r 88
88
preferred__*_______100
Oct
7c
Dec
Massey-Harrls
Gatineau
21c
Aug
12 ¥20 Nov
5.35
27%
25%
27%
2.15
Aug
3c
Oct
9¥a
115
Mar
25c. Jun
7 ¥2 Sep
„■
2,300
Y_-
•
;
preferred
Oct
8c
Jan
471/2
Mar
4c*
75
' 26
/•
3¥2c
1.0OO
15c
1
Lunward Gold
18% May
3 ¥2 May
200
>
11%
—
.
*
_100
5,100
1,538
Lynx
5.05 May
Dec
85
2,000
'
1.90
_l
*
.
preferred
i
75c
7%'
11%
_
.
•
;
;
Ji
*
.
Manufacturing
Freiman
70c
7%
—__10
5c
16c
5.75
Jan
4.55
3.60 Mar
•„
685
14 ¥2
75c
preferred—
Jun
May
5.65
MacMillan
Products
84c
Jun
16 ¥a
Mar
Aug
Macassa
7 ¥2
Fibre
Mar
1.95
Jun
25c
Dec
35c
26,778
'il
Federated Petroleum
39%
11
12,312
52,600
May
16
37c
.1
July
29% Mar
Jan
40c
13
52c
Oct
May
55c
Dec
2.27
Aug
16
1
11
Apr
150
Lexindin
•
Preferred
8 ¥4
34c
Dec
Federal
Federal Kirkland
Jari
25 ¥2
2.10
Leitcli
34c
1
14 ¥4
7c
1
Leduc-West
*
_____
Mar
32c
Feb
17c
•
com
12
24 ¥2 Mar
2.10
Jun
1.10
12,400
24c
Falconbridge Nickel
I
Famous Players j
%
Fanny Farmer Candy Shops:——
Grain
Nov
1
Lebel
9¥2c 10 ¥2 C
•
20
»
13 ¥2 May
„
Nov
48c
36c
-
_I
Gold
La Luz Mines
18 ¥2
Feb
10¥a Mar
150
55c
Dec
19% May
26 ¥2
21 ¥4 Mar
295
22c
1
a-
Mar
3¥ac
28c
600
.2,320
23¥2c
1
1 /
.
Doc
i6c
__
»
Rowan
1
___!_
Mines.
Oct
28 ¥2
Apr
4%c
5C
;
1
Fortune
1
_____'
Gold
41c
Mines
Lake
20
A
12%.
50c
1
London
Eddy
1,474
12%
1
Lake
26
*
*
15,010
Jan
!
-
14
112
,
34%
...
Gold
Jan
11% .11%
__
8%
34¥2
Laguerre
64c
13 ¥4
3.15
155
41 %c
Labrador Mining & Exploration
22% May
39c
53 ¥2 c
L—:
Feb
23 ¥2
*
280
25
1
Ltd
Sep
16%
55c
(John)
16%
25
26
Labatt
23c
16%
_1
13%
25
34%'
1
365
40
___
Feb
Mar-•
39c
2.25
13%
49c
____l
Dufault
150
Steel
15 ¥20' Oct
Mar
30.900
1
23%
9,580
__
Dec
10%.
116
.
8%
1
Townsite
55,400
0
Jan
193,^
1
;
Lake
"■ 5c
16%
Mines-
Oct
111
J_
_i
Gate—
Kirkland
95c
11 ¥4
__.
East
.
Jun
1.
8c
'
1
;
Golden
Nov
28C
17V2c
7
10
19 «/8
1
33 ¥2c
62c
IOV2C
120
25
1
19%c Nov
26c
1
Jun
7c
Kirkland
55c
*
Nov
2c
750
_i
Kirkland-Hudson
25 Va
—
Nov1
60
Jan
28%
_<■
Dec
16 ¥2
Oil—
36c
43 ¥2
19%
common____*
Mining
Jan
61c
__
Mar
Gold
21c
27Vic
*
18c
*
:
Mines
49c
43c
a
42c
28
28 -
6
Mines___
Mar
10%
Ltd—
Quebec
Mar
13c
•
1
Mines
Joliet
7c
25»/8
i—__
—,
Nov
'
1
10c
32c
lie
31c
26%
12c
'
•
,__1
6,500
12,200
16%
__
*
12,000
-
44c
9'/2c
ll¥2c
4,500
Oct
Nov
.
Jan
9c
-
class
Mines
Leduc
East
1.00
2,500
._.♦
Coal
Stores
Crest
Aug
B____25
common
&
Duvay Gold MinesEast
45c
103,800
1
Dominion Textile common
Donalda"
700
*
Steel
Dominion
1.00
29c
*
Magnesium
Dominion
2,000
Kenville
1.35
10
:
Dominion Malting
Dominion
Kelore
Mar
23c
2
Foundry
Dominion
Nov
90c
1.28
*
Dominion Bank
Dominion
35c
Nov
1
.__
Mining
Mines
Dome
July
35c
1
Lake_.
Seagrams
Diversified
18c
28c
1
Yellowknife
Discovery
1,125
45c
6 ¥2 May
Mar
4 ¥4
100
sl.30
9Vic
20c
19c
II
•
^
\
Kerr-Addison
1
Mines—
Lake
Red
Dexter
22c
39c
1
Nickel
Red
Detta
5% '
*
—
14% Nov
Nov
32
Jan
25
1
Ltd
Oils
Delnite Mines
Denison
65
9V2C 10'/2C
42 Vic
•
_
__
13
Feb
114
Gold
4,420
30
45c
_I
Jun
5.35
71/3
Gold
Joburke
1.60 Nov
1.30
__
1
Mines
D'Aragon
Da vies
1
*
Pershing
Aircraft
8.50
18,812
114
Mines
22c
—
1,690
14 ¥4
71/2
Uranium
Kayrand
■
12 ¥»
13
Gc
<■
Petroleum
43c
1
.—
Dec
11%
__
100
International
5%'
0
;
Mines
10¥a
32,500
Nickel'Co
30
Craig Bit common—'
Crestaurum
154
Mar
70c
200
6%c
International
1.25
1,30
Imperial Mills
2,500
5¥2c
Inglis (John) & Co
Inspiration Mining
Jellicoe
*
Exploration
Cosmos
152
151
Sep
11 ¥2
7c
10 ¥a
1,924
International
8'/4
9c
33,850
Jack Waite Mining
*
100
Sep
56
nov
10%
Homestead Oil_.i__
a
5c
Jan
7C
25
Aug
Consolidated
A
Nov
35c
preferred
16%. Jan
Cadillac
class
75c
55
;
Oct
Mines
—
Mar
Jan
10 ¥a
__
Imperial Bank
10
Imperial Oil
:
;
Impe-rial Tobacco of Canada ordinary_5
4%
Beattie
Gas
50c
31¥ac
.
1.51 July
„
Central
Consumers
500
55
'
Dec
500
Feb
'70c
34c
Huron & Erie common
11c
17,205
1
24 ¥20
'
.
1
13c
_2
Dec
1
Jan
80c
Dec
Consolidated
-__
8¥2C
•
& Smelting—*
_L
1
Apr
Consolidated
—
Hugh
10
389
7,500
20c
—
41c
10%
95c
____1
___.^
28c
7,300
10%
16c
Nov
14 ¥8
Mines.
23c
25c 27%c
u———*
Bakeries
July
36c
65c
10%
1
___—:
Gold
Hunts
9c
1.40
610
J
Jun
Sep
Nov
Mar
46c
5c
29C
♦
-
3,700
____—_—0
_
Consolidated Astoria
Consolidated
6c
35c
_
Mines
Coniaurtim
5¥2c
Hosco
Aug
17
Feb
10
---*
1
Petroleum
___
Commonwealth
25
500
6,000
70c
__
—5
—
Howey Gold
37c
1.72 July
Vi
Oil
Hudson Bay Mining
13 %c Aug
6,900
5¥2c
Hollinger Consol
Jan
Aug
3,500
315
"
*
—
Nov
24,500
32c
2.10
7%
High
7c
42c
Dec
5 Vic
12%
1
«'<
A
Nov
30c
7 ¥2
class
Holden
1.75
2.00
*
Plow
2c
4%'c
12
Mining
Low
7c
34c
__
__
_1
Oct
79c
5———
Range Since January 1
High
9¥2c l0%c
i
1
__=
—
Highland-Bell
Home
6c
*
—
J_
Heva Goid Mines—
Feb "
30c
July
7c
2.10
*
1
—
Shares
Low
_1
Mascot
Highridge
370
1.75
Gold
Hedley
3.00 Mar
Jun
5c
Willans
for Week
Nov
12¥aC
Mar
4c
2.20
'
500
18c
1.60
1
Malartic
Cochenour
11,450
18c
*
_—
Oils
Coastal
34,000
2.45
1
Chromium
Citralam
2.60
2.60
10c
1
Mar
30c
8,900
9c 10¥.c
1
Dec
11
__
Gold
Chimo
100
Heath
33c
Jan
16c
Feb
13 ¥4 Sep
75c
Oct
Aug
5c
10,500
11
52c 64 Vac
55c
Mines
Chesterville
7c
11
common
Mines
Sales
Range
of Prices
Par
High
\
Mar
13c
8,100
.—
Cherpical Research r_
Cheskirk
Low
STOCKS—
1
Range Since January
Shares
High
14c 15¥ac
1
o
Chatco Ste^l
Week's
Last
Sale Price
J
of Prices
Low
Par
Porcupine
DECEMBER 24
Sales
Last
Central
WEEK ENDED
FOR
Friday
Friday
STOCKS—
MARKETS
LISTED
CANADIAN
Monday, December 27, 1948
CHRONICLE
FINANCIAL
i
7c
1
1
2.33
2.25
2.33
14,500
10
18c
Mar
25 ¥a Mar
18 ¥4 Mar
24
Feb
1.91 Mar
26¥4 May
30
2.99
Nov
Feb
Apr
103%
2¥2C Mar
8¥ac
Dec
Mar
2.54
Dec
100 ¥a
75c
Dec
,
&
THE, COMMERCIAL
Number 4763
"Volume, 168
CANADIAN
RANGE
Friday
Sale Price
Low
New Jason
New
1
Marlon
Newnorth
New
Gold'—,—
Gold
Norzone
New
Rouyn
New
—
Pacalta
New
Thurbois
Nib
Oils
Nordon Corp
Notmetal
1
f-.'v
■
•
North
Inca
Slaaen
Jan
Slater
4,125
16c
Dec
22c
Dec
Southam
6,000
4c
Mar
10c
Nov
4c
Mar
22c
7%c
Oil
13 %c
13c
1
84.200
I,300
55
2,255
i5c
9%c
6c
48c
Jan
July
Nov
900
*
14c
Oct
24c
_
<N)
_
Olsen
_
1
3,700
34c
Mar
29c
2.000
20c
Ncv
39c
27
25
25
Nov
30
May
19
19
19
25
17'A Mar
20
Dec
1.40
1.38
1.40
3,700
1.18 Mar
45c
47c
3,033
6'A
6%
285
6%
6'A
•
•
common
*
*
Gold
13c
Dec
Steel
1,500
4c
July
10c
Jan
Steep Rock Iron
38c
Aug
55c
Jan
Aug
of
Canada
67c
Mines
Oils
32c
23,300
14c
Apr
48c
4c
4c
4,000
2c
Aug
7%
200
Sullivan
5%c Nov
7%
27c
*
»
___1
1.80
8'A
3»A Mar
Surl
;
-
—1
Omnltrans
1.6O
1.50
1,000
32c
92c
90c
Dec
7,600
1.65
Jan
Taku
Jan
Cons
Mines
1
—
___l
_____•
14c
__
—1
15c
4c4c
6,500
3c
July
River
Taylor
5c
July
16c
19
.i-
19
__
.
/
5
3%
225
10c
'. Apr
16
75
5
9%c
5
Gold
Lake
Lake
Osulake
1
—
Mines——i—_!
1,800
V
19
Dec
10% Jan
Oct
Mar
5c
ll%c
(Eastern)
Petroleum
Page
5,000
6c
Aug
18'Ac
Feb
98c
59,600
50c
Mar
1.15
.
I
13c
17c
II,100
lie
Dec
6c
3.05
30'/2c
TUbes_i_;
6c
525
4c
2.60
__
1
:
Porcupine
Pandora
Pan
Ltd
3.05
47,050
80c
21c30'Ac
paramaque Mines 2
Parbec
Malartic
Paymaster
lie
Feb
Traders Finance
3.65
Apr
Nov
Nov
36c
Nov
Feb
39%
Perron
Gold
Pioneer
"
•
Mines
;
Gold
Glass
7,200
86c
Dec
1.55
Jan
United
Corp
950
4c
Aug
7'Ac
Jan
United
Fuel
22c
32c
34,250
22c
|Dec
40C
Dec
6c
8,000
4c
Aug
8c
5c
__
' *
\
River
Rouyn
-
27%
Voting
J
Preston
3,500
2c
May
5c
Mar
United
40c
15,300
31c
Dec
46c
Jan
United
8c
Dec
20c
Feb
Upper
Canada
72c
3,400
64c
Nov
82c
Feb
Ventures
96,900
4c
Aug
13'/2c
16c
2.05
3.10
Oils
2.30 Aug
3.50
Feb
Waite
6c
78,600
4c
Dec
25c
Jan
Walker
40c
2,500
34c
Nov
56c
Jan
39%
40%
Feb
47%
70c
1,000
88c
Jan
Dec
600
.
37
50c
Mar
500
50c
Aug
74c
990
11
Feb
17% May
11%
1134
11%
600
10%
Feb
—1
1.49
1.40
1.49
3,550
1.25
41c
42c
35c
Nov
44c
10
30
9
Apr
11
Sep
53
53
50
50
Oct
54'A Mar
West
Dec
10
*
'
__
—10
40
__
2,000 :■
64c
4,600
55c
.Renabie
95c
2,300
52c
Mar
42c
42c
1,600
33c
Nov
14"%
1
—
Mines
1
14%
15'A
2,095
5'/2c
-it
Renfrew Textiles class A_
Richmac Gold
t
•
">.
vy+i
(1936)y*
■
>;
Jan
23
Dec
80c
Jun
1,350
46c
Nov
5'AC
Oct
170
11'A
79c
Feb
12%c Jan
10
170
285
19
1.08
Mar
2
;
50
29
Oct
12
Jun
20%
Nov
Dec
20
14,910
175
Jan
19
20
70c
Jan
Dec
10%
65c
Oct
12'A
July
34
9,800
24
Dec,
>
Mar
35c
5%c
5'/2c
1,500
,1.99
1.99
300
7,'/2
__________,_.i——*
u%
80
12c
4,824
11%.
12c
7%
8'Ac
*-—2.4
1
9
9
404
23'A
23'A
100
50%
50%
90
17
17
205
Apr
1.03
Nov
2.20
4,650
1.15 Mar
2,000
7'Ac July
■
.
_w
■
—25
17
Jan
10
13'A Mai-
11'Ac 13 'Ac
1
_*
2.19
2.12
u.—__♦
—
7% Aug
16
Feb
25
Jun
45%
Apr
51
Dec
18
Oct
*
'
—
«
Dec
17c
6%
6%
6%
100
1.52
1.56
9,000
1.27
Nov
2.35
5.65
5.35
5.75
3,426
5.15 Mar
7.20
5'Ac
6'Ac
308,255
5c
Dec
3c
3c
2,000
2C
Oct
8.65
8.55
8.70
7,915
28
/
-
2.50 Nov
1.56
1
(Hiram)
W)_____
(G &
common
.___
27%
i\a/4-
4c
Malaritc
8% May
5V8 Mar
4.60
Jan
Feb
13c
.
Mar
5c
;
,
Jan
Nov
9.85
Class
Dec
1.05
Oct
(Geo)
Preferred
Winchester
35
500
6c
1,000
13
14%
Dec
13
Jan
19 %c Mar
Nov
8c
Nov
'
6c
Oct
10c
36%
75
26%
Feb
38'A
22%
305
19
Dec
25
30%
31
115
30%
Dec
36 %
6c
i
31
__.
May
Nov
Jan
May
28
Feb
Jan
525
22
99
99'A
170
9 7'A
8c
9c
6,000
5c
Mar
12c
1
7 %c
7'Ac
10,000
6c
May
10c
Apr
1
8c
8%c
10,500
5c
Aug
lie
Mar
.*
34%
35%
23%
common
23%
.100
__—
J
—
Larder
—
Winnipeg Electric common
Jan
Winora
Nov
Wood
9c
101%
Apr
Jan
Feb
Jan
Yellorex
4,155
20%
35%
Dec
8c
Feb
Jan
Jan
Gold
(Alex
_1
&
Feb
Yellowknife
Feb
Ymir
13
5c
120
120
2,20
2.27
4,908
17C
20c
18,000
15c
61c
63c
5,000
55c
Aug
6c
6'Ac
2,500
3c
Oct
1__*
2,22
1;-
:
-i.
2,000
'•
-
5
3'Ac
Oct
127%
2.00
,
Jan
2.90
Mar
117
Jan
Nov
r:
40a, i' Feb
'*
Dec
81CorMay
Apr
11%
5c
,_100
pfd
James)
Mines
28c
Sep
8'A
Nov
13
11c
31% May
Apr
22
r_.
n
Wiltsey-Coghlan
9c.
Oct
7
8c
10%
36%
common
A
3.00
Dec
24
13
Mines
Mar
105
200
28
11%'
11c
Products
Grocers
86c
Apr
1.99
11
1
Western
16%
10'A Mar
*
___—__—_j(_
Wright-Hargreaves
,Regcourt Gold
49c
10
Jun
Feb
90c
Mar
94c
42c
•
Dec
Dec
Jan
2.10
Nov
60c
62c
^1
Mining
Quemont
Dec
9c
3,400
;
92c
«
:i
Wekusko Consol
17% May
__
_____1
Jun
5'A
3.50 Jan
Nov
70c
'
__
68c
;
29 %
9
18'A
10%
170
3c
Waterous Ltd
16%
Gold
1 85c
70c
preferred- -—-50
^__
Amulet
4c
68c
Manitou
8c
19
Wingait Gold
Queenston
100
450
11
Villbona Gold
Weston
Quebec
76,800
9
23
10'A
•
Vicour Mines
Jan
39c
__
__1
•
"——-1
Dec
2.30
16'A
Labrador
16c
9c
21
/ ''.a
:
20c
1
Quebec
Jan
Nov
*
Mines—i
Ltd
1.80 Aug
16%
Purity Flour Mills common
Purity Flour preferred
Jan
61c
>
Aug
56c 57'Ac
■
3,550
3.35
1
B
A
—
3,820
2.15
__
J
1
Prospectors Airways
4'A
2.30
'
.
Steel
12,000
•
East Dome
125
12,260
_1
B___
Hill
Keno
3'Ac
*
Metals
Pressed
Jan
1
certificates—
trust
Jan
1.99
23%, Mar
45
5%
2.70
;
'
''
.
9'Ac
3c
15c
1
Corp
2.05
<
Sep
5%
20
Westeel
Power
27%
25c
4,000
2.58
.9
.
Resources
class
36c
_____*
—_/___
31c
10c
♦
A__„
Class B preferred
United
.
2.15
1
Gold
class
class
class
70c
1
;
Gold
Nov
19c
Dec
0
•
Class1 A
Powell
Mar
1.05
■
♦
Gas
8'Ac
__
__
9%c
—1
Powell
99c
Mar
__
;__l
Gold
Reef
Nov
Jan
5c
1
Peninsular
Jan
15c
6'Ac
rights
1.15
__—A__l
—
Porcupine
A
5c
;__l
Mines
Porcupine
2.40
Oct
7,000
2.65
*
Works
Transcontinental
1.10
1
)___
Mines
—.——_:
Crow
'
,
Piccadilly Porcupine
Pickle
Iron
28
—___—1
—
Cons
Gold
pen-Rey
Nov
14,265
1.35-
7c
Toronto
1,185
1
'
Sep
*•
27%
.100
37 %
_*
—2:—
•
94c
3c
24,500
■>
Elevators
36 %
1
:
Oil
1.44
1.52
llh
Feb
70c
Apr
12c
122,910
Toronto
-1.15
*
Cadillac
Western
Nov
6'Ac
1.27
Tombill Gold
36 %
Mines
Sep
82
1.45
30c
•—•
^
common
Taburn Gold
Union
-Pamour
15
Feb
6%c
1.37
•
common
(Pearson)
Jan
15%c
—
Hershey
7'Ac
76c
—_1
.
Rights
Dec
Dec
Sep
6Vac
__
.
1
Pacific
3,000
*
Gold
Thompson-Lundmark Gold Mines
Tip Top Canners class A—
Tip Top Tailors
1—.
Jan
98c
i—1
Mines
Pacific
14,425
—
.—1
Mines
—3
Red
Osisko
8'A May
21% May
1
7'Ac Jan
8,000
6%c
common
Orange Crush_____„
Orlac
1.65
Sep
24c
Mar
10c
3,500
4'/be
6c
Exploration
Ontario -Steel
8'/a May
Feb
52c
140
1.48
50c
Gold
Tamblyn Ltd
May
1.84 May
'
Orenada
Oct
Jan
G8c
13%
50
82
1.50
Jan
67
67 c
13%
1.60
111
O'Leary Malartic
Omega
Gold
126,700
59c
.—1
Inlet
Sylvanite
Oct
2.20
1.40 Mar
15,460
35c35%c
__
•
—.
1.65
1.79
*
—
4'A
Apr
1.62
51/4 Mar
25
13%
13%
55c
17Va Mar
80
10c 10'Ac
*
common
101% Jan
Dec
44c
81%
Sudbury Contact
Co
7
20
20
1
Bros
Jun
7%
32c
:i
common
Ogama-Rockland
Okalta
Mar
39c
,
•
•
Mines——*
Mines—!
Gold
96
37'AC
_
<
O'Brien
Jun
45
24
'
1
_
_
'
Stedman
4c
75,500
Jun
250
26
98'A
_
4,900
52c
13c
31
Mar
97'A
■>
Co
Starratt
Nov
3.15
1.50 Mar
15,408
Mar
18
27
_
common.
Standard Paving common
Preferred
Nov
10c
6c
52c
58
24c
15c
3.05
13c
Mar
High
24
23%
Malartic
Co
Standard Chemical
1.50 May
Dec
1.02
43
11,300
14c
2.98
__
2.99
—1
.'
82c
1.12
-
Low
500
30
97%
Nov
1.32
28%
23%
—100
Springer Sturgeon
20c
1.10
Gold_—_
Star
Apr
4Gc
54%
-•
Northland Mines
North
33C
Dec
55
_1
;,••••
Northern fCanada
.
28c
Sep
i
29%
Range Since Januarv 1
High
27c
Gold
Jun
7c
9'Ac
104,500
Low
45c
Siscoe
Jan
12c
53,500
72c
Shares
♦
—
39,816
l.io
_____
_—
Gold Mines—
Norseman Mines
Preferred
18c.
79c
1
______
Mining
Norpick
Nov
15c
6c
1
^
Jan
7c
14c
•
Malartic
31c
14c
__
for Week
•
9%cll3Ac
5
____—
Mines
Simpson's Ltd class A
Class B
Aug
•
,
Nipissing Mines
Norbenite
3c
1
Mines
Noranda
15c
7,000
lie
Sales
Range
of Prices
Par
Nov
65c
Nov
16,150
5c
14 %c
___1
_
31'Ac July
10,665
20c
16c
•
1
'U
Yellowknife
Nicholson
1
_
__
Merger
60c
STOCKS—
High
16%c
18c
1
Week's
Last
Sale Price
•
4%c
—1
—
24
Friday.
Low
45
MARKETS
DECEMBER
Range Since January 1
Shares
High
56c
58c
ENDED
for Week
of Prices
Par
LISTED
WEEK
FOR
(2721)
Sales
Week's
Range
Last
i
STOCKS—
FINANCIAL r CHRONICLE
lr
Mines
Bear
Girl
Yankee
:
61c
'
*•
10c
•
Nov
■■
Robinson
Cotton
Robinson
(Little)
Roche
Long
Rochette
Oils
,Roxana
—1
—
Oct
11
515
8
Mar
12c 13'Ac
13c
———__1
.—
11
19,700
3%c
Oct
11
common—,
Lac
Gold
100
Nov
18c
12c
12c
__
1,000
9c
Apr
17c
Aug
43c
40c
43c
4,500
54c
Nov
——10
25'A
25'A
25%
320
23'A Mar
25%
Dec
23%
24
105
16
Feb
27%
Oct
16c 18%c
28,500
5c
Sep
18%c
Dec
5c
Mar
.___
Oil
Roybar, Chibougamau.
Rupununi Mines
Royalite
Russell Industries
Toronto Stock
May
23c
_—_————*
Co
Royal Bank
*
:
1
i-__ _
17c
—1
—
—__
__
6%c
6%c
7c
25,200
17%
•
common
18'A
450
23c
Canadian
Last
STOCKS—
Nov
1st
preferred
__49
new—
21%
21%
25
21'A
84
__
84
30
80
4.00
10,092
St Lawrence
1st
Paper—
preferred new
San
Antonio
San
River
Gold
Mines
__
Ltd———1
..yr'
Feb
4.35
3.00 Aug
4c
500
3c
Dec
12c
11,000
6c
Oct
17c
26
__
42c
4c
8'Ac
'26
100
25'A
Jun
41c
__
:_25
Aug
Co
42c
31,100
36'Ac
Dec
67'AC
26
*
Water
&
Power
1
common.
100
Preferred
Canada
Low
High
7'A
7%
200
Apr
10
Jan
25'A
26
105
25
Sep
30
May
112 112'A
120
72
Mar
135
Jun
Vickers
Dec
t
common—t_
Preferred
4
4
4%
950
103 103'A
—
60
6%
3%
80
6Vb
Feb
Mar
Jan
115% Jun
r:_
20
20%
600
15'A
23
Oct
*
Industries
Canadian
22
21'A
22
295
19% Mar
24'/a
Jan
_*
74
62%
74
830
20'A
Apr
74
Dec
138
138
5
Oct
192
Oct
,—100
:
126
Apr
Feb
23%
23%
95
20% May
24%
47'A
47'A
75
44'A Mar
49
ll'/2
11%
50
10
11% July
c_
1.51
1.57
2,400
2.25
1.97
2.30
27,635
20'A
20'A
23%
Range 5>ince January 1
•
and Dominion Sugar.,
Canadian
Jan
11%
com___*
Shares
High
26
Pulp & Paper com—•
Oct
Canadian
2
3 V2
*
Westinghouse
3%
3%
1,250
53%
53'A
10
17'/i
17%
1,625
6
Canadian Western Lumber____—
Shawinigan
Sales
for Week
7%
!
Jan
.
Low
Par
.
Corp
Columbia
British
Brown
85
Aug
7%c
__
Ltd——.—_—
Rouyn
3.80
4.00
1
—
Scythe & CO preferred
Senator
Aug
fir
99
——1
Gold
Sannorm Mines
26'A
Dec
of Prices
'
Asbestos
.
Week's
Range
;
Sale Price
Andian National
St Lawrence Corp—•
Fnnds
Friday
Jan
19%
Feb
13
Exchange-Gurb Section
6'A
200
29
31
45
3%
39
4% May
Feb
57
Mar
Dec
'
Preferred—
f'
_100
__
^Shea's Wpg Brewery tlass A„^.ASOc
,
v
Feb
July
Consolidated
Disher Steel
Sheep Creek Gold _ir_—
.
Sherritt
50c
Gordop
-^hirriff's preferred.__!
%. •<
:
;
»
•••-;■'
■
Sick's Breweries common
,
120
—
'
•
/ -
.Voting- trust certificates
__________
Sigma Mines (Quebec)
1
Silanco
1
Silknit
Silver
Mining
Ltd
—
preferred
_______
Miller Mines
Silverwood Dairies
Silverwood
__
'
.
•
1
•
•
•
,
1
' ' 1
'
■
__
__1Q0
'
Nov
3.20
16%
16%:
common
Dominion
Bridge
Foothills
Oil
—u__
20
Oct
20'A
Dec
11'A Mar
17'A
Nov
International
Paper
<250
11% Mar
17'A
Nov
Minnesota
Ontario
6.50 July
'8.50
Feb
Oil
7.0C
Feb
Pend
Humberstone Shoe
7.80
8.00
500
7c
5,100
35
35
25
38c
34c
38c
38,200
9%
100
94
94
24
30c
33
20c
Sep
Apr
July
9% July
94
Dec
&
14% Mar
j'
21% May
2% May
t
'.
3.40
30
20
Dec
56'/4
56%,
980
46
Mar
21%
475
20
Feb
20
*
20
1,085
Price
Reliance
12%
Jan
Southmount Investment
Bros
Grain
5c
5c
1,000
5.50
5.80
870
*
Jan
Jan
Petroleum
3.50
1
1
37
Supertest
3.40
Paper-
Oreille
56 %
56 %
25
55
55
50
40c
40c
150
47%
47%
25
—*
ord_____!
Feb
21'A'
common
Selections
27
56%
a
/_^____—
48c
99% May
.•T*
*
300
45'/2c
17%
6'A
Dec
Apr
345
y
.
47c
—
1.82
Mar
1.43 Mar
•
16%
9'/2
class.A
For footnotes see page 46.
■
16%
—40
,__i
West Dair pfd——
,
98c
*
Paper
•
*
47%
2.60
3c
4.10
Jun
May
33'A May
Jan
22'A
>
'
Jan
70%
Jun
28
Mav
6'Ac Nov
Feb
6.50
56
Mar
67%
22
Jan
55
Dec
37c
Jr.n
45c
Nov
45
Apr
48
Apr
2.25
Nov
Jun
f
46
COMMERCIAL
THE
(2722)
Monday; December 27, 194$
&/ FINANCIAL CHROKJCLE
-H-
OVER-THE-COUNTERSECURITIES
Friday ENjjewhjy *flfoy1r,,k>
'S' '*
.•
Par
Mutual Funds—-
Incw
—1%
Corp
—-10
Shares
,
1
Fund
Affiliated
Bid
Amerez Holding
Business
American
Associated Standard Oilstooki
Shares series A-w—————2
Axe-Houghton Fund Inc
1
Axe-Houghton Fund' B
5
Beneficial Corp__—...—-.
1
Blair Holdings Corp™
—1
Bond Jnv Tr of
•
—1
Inc—:-10o
Corp_™5
America-
Inc--,--
Boston. Fund
Bowling Green Fund
Broad Street Invest
Managed Funds-
4.10
24 '/4
4.02
20.63
7.78
16 24
Paper
Petroleum
Baton &
Stock Fund
—J
Equity Fund Inc.
-*
Fidelity Fund
-7.18
24.34
11.17,
Securities^
National
Investors
5,19
12.78
7.92
shares
Chemical
6.68
4.24
1
5.92
Selected Group Series—_1
Low Priced Com Stock Series 1
3.47
,
..
<►
bond
Institutional
New
—
Series
Bond
Stock
Series
Series
New
England
York
4.92
I
Aviation
Bank
stock—
5.17
7.84
8.54
10.07
11.04
10.5T
11.21
11.17
12.24
10.38
11.38
9.83
supply,
———....
stock
Insurance
6.33
4.31
4.69
Machinery
Merchandising
6.94
7.53
Metals
8.02
______
7.01
9.74
Public
7.25
7.86
Railroad
5.64
6.12
Railroad
'
2.64
Fund
Inc—.—-—1
—-5
Incorporated .Investors
Institutional Shares Ltd—
Aviation Group shares—lo
Bank Group shares:—
lo
Insurance Group shares
-lo
Stock >and Bond. Group.
lc
investment
of America.
Co
Investment Trust of
■
-1
4.06
PUtnam
4.53
4.90
4.88
5.30
5--2-49"
1.30%
1.65%
9-
1-48
6-1-49
1-49
bl.50
1.35%
1.65%
10-
1-48
7-
1-49"
bl.60
1.50%'
1;55%
7-'lr48
4-
1-49
bl.50
1.40%
1.65%
11-
1-48-
8-1-49
bl;60
1.50%
1.55%
8-2-48
2-49
bl.50
1.40%
1.60%
12-
1-48-
9-
1-
3-49 *
10-
5.00
4.18
■'.,
"4.51
Standard
State
8.57
7.82
Bid
8.77
73c
1.01
1.11
12.22
.
13,01.
28.12
2.78
■' C——I—.—*
Series-
V
1.04%
March,
70c
1.04%
March; 17» 1949.
20.71
Bank df the Mahbatt&n Co—10
17.31
18,42
Bank of New York—
5.91
Bankbrs Trust:
18.36
Bid
3087
100
..110
—
Brooklyn Trust
27%
323
—-100
98
•!»-,
x9.l9
Chase National Bank-..^—--—15
34 »/2
16.30
17.79
16.43
Chemical Bank ft Trust
10
Commercial National Bank &
4034
1538;
3.29
t'3.57-
Trait Co
• ■: un
Continental Bank & Trust
10
Com Exchange Bank A Trust.20
37%
24
Empire Trust
82''.,
16.78
21.36
25.51
27:83
13.49
14.72
11.46
12.51
230
6.57
7.55
4.57
4.99
Independence Trust Shares—1
2.15
2.45
,
Unit
Type Trusts-
Diversified Trustee
-
Ser ies E
-
,
.
Shares—
Serier
1955—._^———1
•Series, 1956—....
...
81'/a'
Bid
Home
5-
30
50%
Insur Co of North America—.10,
106
Fiduciary
Trust -X
_119>
*
39
42
58%
62'/a
—10
2iy4
441/2
22%
•
—.
common^.!
201/2
22%
Merchant
13 y2
Casualty
33
21%
.JJ
26%
22y8
28%
29%
Federal
——
,
Securily Issues
m
National
-..4
NatlonaL Fire
American
"-j.f
vv
,
y,v« ■;
■
Tel
&
Tel
-V;'-$^9. V W-A®E
'•affcwasd973 .102%
.
*o
i
354^^9(78
T
..
v.
;
99:^^'>100.V5J,.
Bid i
Oil
&
Refining1
si.30. conv- preferred^.—
Black.,Hil)-Power-•& Light-~
-.5.40 %
-preferr®^ —'--100
v,
Ask
23
124
'
y,»><„-
••
Par,
Ashland
.
Arkansas Pow: & Lt
Stocks—
.;
,
l03 >/4 >
;
'91
'94' '
'
Du* Moht
.5%
1
(AHen B)" Laboratories'
convertible preferred^.i.20^
'20%
20%
4
o,
.,
;.
<
' 7
•
1978
Louisiana Pow A Lt IV*
88.
^95i4i"
2%s^...^.l967
Cudaby Packing
■'
;
c-
'
.
Kentucky
101
100.
Narragansett Eleo 3s-~~.—1978
101
Causalty (Detroit)—10
23
—10
%:
25%
48
50
New" England Power 3s.
"
UtfllfllsVl^jtf^UFl;
99 V2
New England 'Gas & Eleo—
102
102 W
^1978
89%
98 ,;7.
--
4 V2 %
preferred
•
86
!•,
N Y State Electric A Gas-^
103%
,
4v50%:
..
preferred-
•
-
8VA
---
.100
105
107
61
63%
National Union Fire—,.JB
37
39
102
103
Okla Gas & El 5%%
105'/a..
107-;
38
New
Amsterdam Casualty.
Hampshire Fire...
2
29
31
10
42
45
Pacific Pwr A Light a^s—-1977 : 100
101
Penna Pow & Lt 4.60% pfd-100
Potomac, Edison 4.70%,——.-100-
102%
103%
102;
103
14%
16
San
103
Pub
105
106';
243/4
26%
65%
Bower 3s
Ohio
1978
,
85
,
New
York
Fire
20
21%
River
Northeastern
10
78
82
Northern
51
53
—
5%
...
12.50
—
24
34%
36%
36%
Phoenix
61%
64%
Preferred Accident
62
Providenpe-Washington ——1Q,
58
6%
Diego Gas & El 3s..
1978
Pacific
Fire.
Indemnity Co
...
,
gfl
A978
West Penn Power 3s—_
160*
10
59
62
Reinsurance Corp
85
82
85
Republic. (Texas)t
.33
...—10
15%
3%
(N Y)—.2
Fireman's Fund of Frisco, —10
;
102 '/4
1Q3
103%
Ser
,
100
4.40%.100
'
(Indiana;—
,3.50% ..preferred
—100
Public Service of New Mexico.7
Reynold!
,,
88
4.50%
I
•
86V2
82
14%
15%
I02y2;
103V4
'
Vi
(R J) Tobacco— -7
preferred :
„__100
.......
.«.;
.
■
Tennessee Gas Transm's'n Co—
,4%
35
(Colorado)
pfd
.
493/4
—5
20
102,
88
102
in
,__10
....
102 1
Public Service
Wise-Michigan Power 3s™1978
34%
—10
>./:*,
35
631/a
10
; v y
*<"'• i<tu'
—.i• >;• 1
,
19%
30%
.
313A
7%
Pacific
Employees Group Assoc.—
Employers Reinsurance—
7
15
17%
81
10
Cram A Forster Inc
"
14%
45%
__10
Bonding—.
Fire
28%
—10
.5
Life.
General
29 " ■"
-
iJ
263 317.7-.-
,
"'-'j*-..
.
Assur..—_8
Massachusetts
—10
Fire
1 220
""
Chesapeake &'Ohio RR— 3
...il If *
3%s
__--.__1973V102.% : ;:103 >/4
preferred^
10%
131/2
31%
43>/4
$2.10 Prior preferred...
$1.05 Convertible
North
Camden
.
254
NatTRank A Trust.17%'
39 W
37Va
Sterling' National ™.i™'^:Ji5; L' 64^ v"
67J7-;
Title Guarantee A Trust.^.^.12,
€% iV 9%
United. ^tater Trusti-^—_100;53p ;
560
—
91/4
—25
—
100;
Public
8d;-s
13%
12 y4
; 4.7,•
•
110
Jersey Insurance of N Y—2-220
—25
„
Connecticut
Continental
Ask
58%
Bankers 8s Shippers
Ask
Bi4
1001,160.
.
>A.,
54'%"
52%
50
Federation Bank & Trust:
Bonds—
Ask
New
Boston
.
2.47
48%
—25
—10
.
Irving Trust
*16 ->
.16, KlhgS County-Trustn™iul00 1,385
1,425 ,
Lawyers, TTust- -™-;_._—j26
44. /.
43'-,
Manufacturers -Trust*Co™V—20. .' SZVz
55%-iMorgan (J-Fr*&"Co*lnci__:H00" 206
206^;
National,City Bank™
»12% ,. 3$
-40 "
New York -Trnst, - - - •
80
83 Mt
•
/26W
;42%
-
Trust
Industrial Bank of CommerceilO"
85 Vz
;
Bank:
3.42
,
56 y2
American Surety.....
Automobile —
1.09%
North Amer Trust Shares—
10
—10
1709%
bl.l6"*T.0fl%
bl.16
-
.
—10
Re-Insurance
...
39Vi
23%
Investing Corp—
Merchants 8s Mfrs—
American
Guaranty
40%
38.14-
8214
—10
American Fidelity 8s Casualty.5
American of Newark..
_2%
bl.16
?
Par
First; National
,
Centoal Hanover Bank at Trust 20
Maryland Casualty
American
10, 1949.
Ask
25Va'v
;
.
9.38
<1+-.
4
March
City Banks & Trust Cos.
Par
1958
Bid '
Casualty——
5
Equitable Assur—.5
-1.09%
1.08%
Recent
Automobile
%
bl.18
•J
.Mardhj 24„ 1949-
New York
79c
,
American
Ask
1.08
1.08%
6.35
49.00
15.38
5.08
American
1949—
1.06%
9.80
Wall Street
44.37
Alliance
j.
1.06%
7.10
91.66
American
*
bl.15 '
bl.'15f
1949—
bl.15;
81c
46.00
Wellington Fund———.—.1
Whitehall. Fund Inc_~____
1
Wisconsin Investment
Co.__.l
4.64
A Surety
24,
bl.l4v
9.02
Income
17.83
43.48.
Casualty
17t 1949
bl.13
Feb. JO, 1949
V
Feb.
Fund Shares—1
United
10.06
89.83
Aetna
"1.50%
20Va
73c
..-1,
25.24
-1
Aetna,' Insurance—
AethaLife.—
Agricultural
2...
" bl.60
.
: Bid
Feb.
1.00%r
,bl.!3
Feb. 3, 1949^.—-
■'
'
3-49
11.03
5.80
Union Preferred Stock Fund—.1
9.22
Loomls Sayles Mutual Fund—*
Fund—10
bl.13
Jan. 120, 1940--..
Jan.27, 1949—-
15.24
19 y4
Shares—280
1634
23.14
wi
0.90%
■
Union; Common/Stock FundJ—I
Loomis Sayles Second
Fund-—
1949-'
27.29
10.19
2%
Boston—1'
Union Bond Fund series A,.... ■ 1
Series B—————X
13.32
26.89
fc
I-
Trusteed Industry
7.47
1
bl.13-
'
632
I
1,5Q%,
bX60'
"
13,39
Boston—..!
,
Ask
bl.12
1949..—
!6,
81c
26i67
,
Dec, 30, 1948Jan. 13,
.-J#' f
Investment Corp.*
Street
1-49L'
1.50%.
United Slates Treasury Bills
10.56
2.54
Co Tnc.___.40o
Inves
bl.60
47.15
Shareholders Trust of
21.90
bl.'50 *1.40%
6.88
25.38
^Fpnd .Inc.__.~-
Selected Amer Shares.
-1.62
1,58-
20.26
(Geo) Fund.
'•
1.60%
5.75
Scudder, Stevens A. Clark
4.38
'
24.53
Keystone Custodian Funds—
B-1 (Investment - Bonds) ——T
B-2 (Medium Grade Bds)—..l
B-3' (Bow Priced Bonds)
1"
B-4 (Speculative Bonds)
1
K-i (Income pfd Stocks)—.1
K-2 (Appreciation- pfd Stks) -1
.6-1 (Quality; common Stks>-1
•f
S-2 {Income com -Stocks)—1
S-2.,(Appreciation com, Stks).1
S-4 (Low Priced com Stks) ^11
Knickerbocker
1-43:
hi .50
3-
lr48
6.1-7
6.28
14.17
1
Republic Investors Fund.
Russell Berg Fund Tnc.———1
1
Investors Management Fund
.
bl.50
1-49
1-48
15
Sovereign Investors.———1,
.
1-3-49
2-
6-
Jan.
Petroleum & Trading.
T-
-
5-1-48
i-
11.88
9.64
1
_
3,73
4.03
Income Foundation Fund——10c
Tobacco
#
Ask
Bid
1.55%
8.17
2.42
/
5;63
—I
equipment.
"
Due
9.89
5,25
1
—1
■
9.49
8.00
5.84
7.53
-
—
7.50
10
shares—lo
Utility—
„
1,50%
12-
17.67
10.84
Pacific Coast Invest Fund—.!
6.46
1.25%
-
Dated
-
1.55%
1.55%
8.79
9.02
8.13
7.50
Rate
10.32
8.59
16.12
1
—-
Ask
Bid
Due
11.62
9.42
—IV
1.
Dated
Bate
10.77
10.60
1
—:
9.28
4.60
Plan
Howe
7.84
10.24
shares—————lo
.0293
fT.
10,38
5.83
-
100.0097
__T_
Federal Intermediate Credit Bank Debentures
6.78
9.47
9.45
shares——————lo
Tobaoco
Utility
5.62
7.23
6.39
t
-Diversified preferred stock
1
Electricial
equipment———1
6.17
5.38
Railroad stock: shares——lo
Steel shares——
—Jo
1950—LV
1,
9.53
5.83
6.09
...
Building
6.76
6.91
Equipment shares——.lc
RR
$l%s Jan.
.9862
.0274
.0377
3.65
bond series.
Diversified Industry...
:
1
Diversified Investment Fnnd.1
5.15
5.68
shares-
Petroleum
Railroad Bond
:019'8
.9720
15.07
8.70
—1
Automobile
46.66
—lo
shares—
Mining
.0073
.
U%S Apr. 1, 1949——— T00.0041 7
tlVaS June 1, 1949 —. 99.9-776 ■
>■: M V8S July IV 1949——
99.9688
tl%s Oct. 1, 1949—--.— 100.01231
ll%s Dec. 15, 1949J—7._:_„ 100.0186"
3.79
14.05
Ask
.0092
•
6.47
.
•
Bid
il%s Feb;' 1; 1949^-——-100.0013V -U%
Mar.
1, 1949-—— 100.,0003
5.38
3.34
Fund.————1
Agriculture
5.78
633
Investing Company shares-lc
Low Priced shares——
lo
Merchandising, shares
—le
Maturity—
■Certificajtes-of Indebtedness—
1
.1171
Stocks Inc—'
Chemical
shares—Jo
Ask
>•
3.48
Industrial Stock Series
'•,;
100:0922
4.63
3.18
^
•
_1%%
7.09
Speculative Series.—I
Stock Series.
1
6.63
4.80
Fully Administered shares—lo
General bond shares-—-—lo
Industrial Machinery shares le
r
■
1950
6.87
i
t April 1,
7.30
6.29
6.49
Income
14.54
43 .'39
Equipment shares lo
shares—'—
—Jo
Food
8.56
Bid
Int. Rate
MaturityTreasury Notes—
1
—1
Priced
Preferred
-
Electrical
Ui S. Certificates of Indebtedness
13.73
—1
Low
-
J°
——jo
Building shares—
-
7.87
12:08
14.19
<
1.91
5.76
shares—lo
Automobile shares
—Jc
Aviation shares—--———JO
119%
,
26.31
12.99,
Corp—1
National Security SeriesBond series
^
25 y4
13.37
Agricultural
•;
.
'
-Corporate
:
.
Dollar Price
24.69
1.75
Group Securities—
U8
I'
4.45
__1
.-1961
Panama Canal 3s_
I
4.65
4.04
Balanced Fund —..——1
3.82
X23%
'Fundamental Trust • shares A—2
General Capital Corp———-1
General Investors Trust1
4.22
lc
lOo
Nation-Wide
16.33
22.84'
Fund Inc_l
Corp
—Id
First Mutual Trust; Fund——1.
Fundamental Investors Inc——2
Boston
"4.06
Fund—«!
Invest Fund Ino—1
Mutual
dther Isstita
3.73
3.68,
Mass Investors 2d
25.13
3.66
i_20c
Inc—------—5
Financial Industrial
First
2350
15.27
1
——l—1
Fund—
3.76
,4.05
—.lo
.:
Manhattan Bond Fund Ino
Mass Investors Trust—
17.89
5.10
33.17
Howard-
Balanced
shares..:
4.07
3,67
3.38
—lc
Steel shares.
•
..
•
shares
point
a
.
3:73
3.47
;
,
.
3.50
8.33
.
3.69
■General Industries sharee—lb
Home Furnishings shares—.le :
None-Ferrous Metals
lo
Trust—:
1
Chemical
Fund———
1
12.74
13.79
Christiana Securities com—100 2,930
3,030 Preferred —-———--100
141
146
Commonwealth Investment—.1
5 29 ' ,5.75
Delaware
Fund™—
-1
13757
14.83
Dividend Shares--—
~?50.
1.39'
1.53
Shares
Century
3.02
32nds. of
one or more
Bonds—>Vv^Bid'^^'-Ask' V;."Federal Home-Loan■Bahk0i-V"^1BM ',
Anty
I%» Oct. 1,
—I—
99.22 ;v 100/.
4.1%s Jah:>,20; 1949-—lM;.-, i, 1QQ.3
May^1? 1952-1M0.,..—: t $TM
,l%s AP^4$V,1949^^^-^.J:/100,T .400.4*'
1%$; Jan; i; 1953-1951_—C ■ 98,;
lpO.i.
98.12 "
J.65s -July, 22,- 1949s.
*00.1
2,y4$ Feb. I, 1955-1953_—_ : 100*28 > .l01'.4f
l%s Sept, 15r 1949t.a^_iJ. 100-3 ,1,00.6
Pedoral Land Bank
3.38
Drug shares——_—_—__lc
Electrical Equlpment shares-lc
•
shares.
Figpres after decimal point represent
Ask
3.17
Business Equipment shares.lc
.
9Vz
7.61
15.43
.4%
3:
16.32
4.15
30.85
.le
Automobile
94.83
Bid
Far
mutual Funds-
-
7.04
14.20 *•
4!4
21/4
' 91.04'
1908
7 ;77
15.02
Ltd..—1
.Canadian In v. Fund
■"
§.20
8%
,—.1
Ltd J—.
Fund
Bullock
Ask
4.73
3.75
22 Vf,
3.67
-
Sescuritlea———.1
Aeronautical
'.
Obligations Of Bovernmqnt Agencies
v.<y
4 '/4 %. preferred ^..——.100
Texas Eastern Transmission^j*
.
.
.
.
94
..
96
.,
16%
Fidelity 8s Deposit of Md_.
Fire
Assn of
Phila
5
firemen's of Newark
167
St Paul Fire &: Marine^
10
—5
Globe 8s Republic
-5
Globe A Rutgers Fire com—15
End preferred
.—15
General Reinsurance Corp
Glens
Great
Fails
American.
_
—5
Hartford
fire
Hartford
Steam boiler.
.10
27%
12%
24%
26%
48
50
10%
11%
Surity
———10
Security (New Haven)10
Springfield Fire & Marine._
10
Standard Accident.
27
30
77
32%
Travelers
32%
44 V4
,32%
32
1191/2
33
34
122%
35
U
S
605
Fidelity 8s Guaranty Co—2
Fire
U S Guarantee
Westchester Fire
—
2JS0
630
49% '
,
12%
,
13%
1
1%
Odd lot ;sale- (not .ineluded in year's range)
62%
*
b Big yield price,
d Deferred delivery sales- (nol>;
included
^in year's -range).
Y.
Stock Ex¬
change.
nAdmitted to trading N. Y. Cu*b:'.rCash sales (not included in year's rahge).
tEx-stock
dividend.
x
Ex
(Un) Admitted
dividend.
.
y
e
Ex-lntbsest. -f Flat price,
on
N.
Unilstbd'' "piadint^pifmbges.',wdWhen delivered;" wiWhen issued;
to
Ex-rights,
k Admitted to listing,
z
Ex-stock dividend.
51%
59%
4
10
—
a
46%
30%
100
!■
78
52
30%
—10
Corp "A"
29%
49
82
31%
,
Tucker
5%
75
Seaboard
U S
Hanover fire
5
72%
75 %
38
40
•No
par
value,
dividend ,paid on
tin default.;
May
10.
tThese
bdnds
are
subject to
all
Federal
taxeS.
cash'
HEX' $40
r
rolume
168
Number 4763
,
y.
THE' COMMERCIAL
&: FINANCIAL
CHRONICLE
(2723)
47
»
Week Ended Dec. 18
1948
Bank :; clearings, this
will' VhoW^^ah^ihc^ease: edhipared
week
peliminary figures compiled by
itibs -of
it
the'5cduhtry, indicate that fdr' the'-WeeTtr'ended"
all cities' of the United
ings
year " ago:
a
„
*uiSon telegraphic advices fn)ilrit? tii€?"chibf"/
based
us,:
1-
stands*?.# $15,243,340,021' against
$13;223j622j40k "for the
same
gain for'the week ehded Friday of 20.1%.
a
mmary for the week follows:
•'•■"+;,
.
Chester^
weekly clear¬
Reading
Our comparative
Is
Boston.
f
jv" '
j*
20.1"
+
836,ed0,000
+
446,015,889
+ 17.1
304,242,908
239,332,322
+
1,071,000,000+r-
i.—.
St. Louis
i
!
-
j;
267:ooe,aoo
+
11.2"
207,492,000
+
«"
;
+./+;,:'.'
it..',;
i
!>.
I
All
'
.
|
Total
West/ Virginia—IJuivtington—
29.lv
Fifth Federal?
$15;243,340;021 $12,363,703,296
23^t
+
.
+15#! Y-
1
■
|r| the
In the Cleveland" Reserve District the totals
Richmond Reserve District the totals *are
by
1.4%.
In
the" Chicago^ RCservC
y Reserve District of 10.6%'.
Total (10
a
the
totals
of 6:8 % adid'
record
cities) ___—!_
Ended/Dec. 18
ederal
ReSerVe Districts
t Boston
d
d
YoVk.i—
New
-—
h, Atlanta.
■
|th Kansas CityL-.-—10
ph. Dallas
.632,040,742
1.7
1,005,495,701
!
958,951,646
4.0
841,311,512
■/;;
475,503,863
7l8,0"48,'43S7
„——
557,'438,870
+
6.8
557,679,572'''
,
40S,028;015516,439,291
+
8.0
•>
;.
rotai'l-——ill cities
—
+
538/488,872
-
25.5
267,800,804
'.■17
-
0.1
.773:,336>844
v.-
17,095',056,820—
7,948/411,215 •;
1.6
17,412,146,964
0.5
+
St.Paul
North
y
1
523,909,887
3.8
I,578,471
1,006,483
+ 12.1
—23.3
8,595,341
10,414,277
3,412,578
—
.•
6,372,465
6,074,433
+ 15.6
5,428,823
3,858,775
+ 17.2
53,303,000
39,218,000
6,629,231
7.5
4,873,107
+
7.1
52,579,956':
+
6.9
t
+
3,513,342 V
32,066,911-
15,539,026^
23,575,459
3.1"
+
835,139,022*
.
II,912,001'
+
+;■>
3,211,298
9,837,010
42,729,446"
3,132,525'
3,415,571....
8.4
-
1,253,8681 —18.7
3,609,373
3,693,22T
:
.>
64,466,725
6,648,226
5.6
+
18,303,982
953.649
12.4
8,677,686
696,111
-
755,080,890 >•
633,615.750
2,226,0521
2,993,417
+ 38.5
10,224,225;
7,569,472
5,233,863
3,469,183-
+
27.0;
4,637,724
3,464,216
+
25.5'
3,129,974
2,797,191*
1,128/561,936 "
—
1,062,939,215:
+
6.2
—
4.7
332,800/000
156,038/364 -i
124,150,446 !
952,695,885
■
349,100,000,
780,773,956
'
/
3ob, lob/boo /
145,624,075./,
t 7.1
120,059,708.
+
3.4
2,163,239 ' —17.5
1,733,624
614,772,434
+
+ 616,947,022 /
—
131,733,996
-217,300,000+
91,659,161,
114,92^368/
69,305,297,/
1,683,506
_1.227.996
557,438/876
0.4
379,492,454
Minneapolis—-"
!
Wun
7,288,281
; 7,548:885; ^ 3.4
291,527,568
:
South Dakota—Aberdeen!
592^31,525
277,861,712
104,949,891 )
9,400,442 t
4,083,465 y
4,359,594 i
Dakota—Fargo!_„
202,729,648
Montana—Billings^
Helena,—
13,943,047/455
7,344,099,003"
/ 720,580,321
325,143
102,072,189'
4,354,894-
_^..
Minneapolis—.
322,550,380'
322,025,029
16,829,029,318 "
1.4
i| 4,769,925 /
B
*
56,570,000
13,625,079
___.
!
Minnesota—Diiluth
'
253j082',455
841,517,059 ''
7 7,984,324,393fJt
ItSide New York Cityrv——
434,632
134,577,700
76,385,620
7,709,750
881,294,301 J:
■•
Ninth Federal Reserve District-
379,492,454
>
23'9',98l;6l9- '
/ "
2,460,628
116,778,495
7,079,908
0.8
—
3,248.237..
65,059,096"
523-,000,887
." 358,262,328 '
'■
5,529,3867
3,313,557
4.2
+
51,173,157+
197;300,006,4
90,312,637/
+ 37.9
—
16,027,814
1,018,997 +
!__
Total (4 cities)
780,773,956
840V499.868'
*'
6
Frlncfeco—--.--^10
72o;s«o,i2i
616,947,022
—
!"
1.7
29,362,804 +
City!
338,927,215
952,695,885
0.4
+
432;632,263
"
"
1.4
1,062,939,215'
614,772,43'4'r*
270,200,000'
1.8
+
21,115,892
72,664,292
4.7
+ 13.0
j
1,549,793'
3,754,602
Tennessee—Memphis:/.-;. !u!_
Illinois—Quincy———+ _i_:_
'•1 168^880,772 ;
454,206,358
6.2
727,980,747
1,128,561,936-v
-
i.;i:
480,989,416
19,689,114"
3.3
10,675,760 *
v
69,041,903
Louis!——
Kentucky—Louisville—
i.^—_
730,242,190
997,464,903
0.5
Eighth Federal Reserve' District—St. Louis—
8,630,280,704
1,064,983.411
338,927,215
•f 22.2'
497.Q38
13,001,268/J.
Des Moines
^:495i446,260
10,310,488,722
454,206,358
7,129,644
Missouri—St.
7.3
1.1
+
7,246,125
7,024,200 X
Illinois—Bloomingtbh____—______i.
Dec. %
675,523,674
51,989,838
66,304,000
Wisconsin—Milwaukee!
.
2.9
"
7
1945-
9,421,732,301
;
"
4
Minneapolis I—
th'Sah
"
16
—-
$
1946s'
or
2,845,94.8c*,.
,
174,765,206;
ll1;627!726
..
5,913,486
/_!!_
Springfield—
1,046,330,739';/
:
——10
——
St; Louis—
tfi
"
^
Inc.
99/164.696C
71,344,789
—
4,259,163
1,490.246/'
CLEARINGS
194Y
626.233,172 r;
"
7
6
-
BANK
3,205,299
8,244,000
1
225,765/971+
—
727,980,747
Iowa-VOedaT RapidsiL_*__:__*;___:_
Sioux
24;691,066
77,738,162271;700,000
11,962,365
,
9,15i;320,l514 ^
"
11
RiChmohd'"—
|th Chicago
th
$
cities
12 "
Philadelphia
OF
1948
'
,
;+ +'
12
__
h" Cleveland—
h
V
3.2
4.4
1,917,527 7
w
District—Chicago-
Total (16 Cities)
SUMMARY
Wefek
2,339,766
+ 11.1
—
135,814,491
South Bend—___
Terre Haute!
Chicago!!—
by Federal Reserve Districts;
140,323,533;/
+
480,9897416"
718,048,435
______
,
a summary
11,227,00d':
3.7
-
4,044,110
IndianapoliS:^—
Rockford:
In the followiiig we furnish
8.7
3,897,677_
84,968.872
___ ___
Peoria
I
8.1
f
79,083:590* '
685,199
Indiana—Fort Wayne!___ +;'+
in; tti^Rariia's
+
-
234^25,486 J
134,713,509 !
Seventh Federal7 Reserve
an
3,059,483
13,239,000-;
147,184,180
86,519,39$
115,059,424 /
7,541,890"!'
Orleans!
Decatur
-
v
4,571,8057'
Michigan—Ann Arbor
Grand Rapids—
Lansing
"loss
IrT the" St. XiOhis1 Reserve DistHct .the totk^"
register
of 0.1%;
.
24,558,^62
80/295,480»
258,900,660'.
5,202,96$ *:
———:
Mississippi—Vicksburg—
0/4%, in, thie Dallas Reserve Districtx>f /25/5%; add
4co Reserve District
5,260,216 I
6,638,197, i
Federal Reserve District—Atlanta
Louisiana—Now
larger:by 4.0% but
are
District
:
s
of
686/880,772
475,503,863
Alabama—Birmingham——_______
smaller by 1.1% andviri the Atlaritr::
ipbdvement" of 6.2 %,< in the Mfrineapolir Reserve District
ecrease
Siktli
^_a__
Florida—Jacksonville—
in;the Boston' Reserve '
[eserve District
841,311,512
4,021,99L'
Macon
that in the New York District (including this city) the totals show
of 1.7%.-
4.0
67,8bo,4ll-
Augusta—.
at this center having recorded a decrease of 3.3We"grbhp ~the^ cities
icordirfgoto%h<3; FederaL ResCrvb THstrtCts^if^Whit^
,
(6 cities) 11__—
Georgia—Atlanta!!—
a^itttof,0.5%'^thl^dhl^'
was
jearings
P 2.9%
1 istrict
+
224,117,58$/'
Tennessee—Knoxville
Nashville':!
tliaif
^appears
3,113.341,
958/951/646
141,801,595
Mobile—-——
Outside of this city there
4,546,053..,.
25.6,986,670
Carolina—Charleston—______
Total
and'j
v/eek in 3 947.
9.7
288,561,016
3,308,284'.;
14,394;o0b !
___
for the whole country having amounted to,$i6,829,029,318
agSihsf $l7,095:056,820
same
+ 56.3
8.1
,
Maryland—Baltimore-^.District
of'ColumbiA-—Washington-;
869,318/202
.
the last"'day';bf;%h&^Wgek!i^
| Ih thp 'elaborate detailed >st^t^mefitf5
widfeh^we
tithe
26,763,7007
+
Reserve District—Richmond—
Richmond—
South
^pMih|ly^in"tIie"above
igs
254/485,5747
24,950,100>
.
for wefek—$18/243,340/021 $13,223,022,498
able*to give final:
+
6.274,174
'
137,207,041'
332,068,446
+ 20.6
4,690,920,
4,876,83b
6:458,037-;
176,276,068 -
-
/
{ Complete and eXact detials f of the4 WC6k covered' by "the foregoing will appear
l- our
issue of "next" week. We cahnotr furbish
4hem today, iridsthuch as tti^week
lids Saturday, and the Saturday figured are not available at tihrie' of
going-ip press.
K are
1.9
0.7
327,138,726
Virginia—Norfolk!———
/
6,043,302
730.242,190
997,464;9oF"
cities)!;——_
(7
21.9'
;
10,056,348
1,003,455/7011
0.3-
t
32.44&6P0,
;
5,043,959/
+
Holiday
1,946,623
8,780,013 :
9,806,626
353,552,017
Pennsylvania—Pittsburgh
+.30.5
.
-
cities/one day_
Totalall cities
296,086/901
39.146.90Q
Youngstown
■
+
—:
1,838,154
923;332'^
12,511,340/
+ 44.2
205,315,954
375,278,052
372,802,705
;
2T.1
_
2,720,525
3,488; 109
2,526,354 Y,
+ 20.0 "
7,895,120
209,238/719 7
/
Mansfield.,.p..,,./
+
TotklJall cities, five
dayS^„„^r„
.
"
7,873:977
190,598,043
'■+'>
—
3,175,838
4,211,831'*
.
-^,1.7
_———
242,157:509-
'+
+
Ten cities, five days—
Othdr'cities, five days
3.4
+13.4
1,064,983,411
785,436
2,101,629
701,000,000
966/000,000
4.5 -
—
2,346,440
4,046,457
743,320
v
+ 22.7
—
+3i.i
:
0.5
11,477,'385
12,987,663
___;
312,480,007
„
—
6,314;335""
4,855,580
•
1,012,952 '
—" 2.8
3,516,244
.
+
795,079 i
1,143,247
7"
5.6 !
+
—
1,404( 744;.
29.6
+
18,732;978--
+____—„$12*327/738,66% $10,109,623,932
2,915;60%360
2,254^79'364
'
1945
$
6.9
—
1,046,330,7397
409,748,954
_
.
14,087.554
Coiumbus_^_^
29.5'
—
Baltimore J.
,
—7;";——7
1,431,542,,
942,7047
1,247,136"
i,oi7;ooo!^do
.
(11
Cleveland—
27.1'
296,800,000
387,309,989
Cleveland—
3,397:495/;
6,031,518
2,661,245
—
Cincinna tir'/._.
•
35£f;425,000
PittsbUtghL—
;
f'
—
OhiS^-C a n ton*
28.1.X
i
%
v
%
-_
_
San Francisco—
1946
%
Fcrurth Fedelral Reserve
District^—Cleveland-
26.4''''•
_
Kansas City
,
,
+
529,213;925
—
or
Dec.
lbvf
$6,714,604,755
522,284,512
Philadelphia
{
' +
669,178,022
+_/_!,
3,69Jl;38S(
gso.ooo.Voo
—
Deleware—Wilmington.^.
$8/065,59%767
Chicago.
'
1,221,661^/
NeWjersey—Trenton____
*
1948
Ybrk%—
v
1,319,082-.
WJilk'es-Barrel'—
York———,,
-
Total
Week Ended Dec. 25
-_L——i—
Scranton
week- irrl947: Af -
Ir&ritigs—Returns by Telegraph"
New
1,332,237
:i
Philadelphia.;
'+>' +.+•',;,-/+
+
>.
tdoVa—
Bethlehem;
Inc.
$
DisTrlct—Philadclpiiia
Lancaster—
will be 15.3% above those of the
corresponding-week last year> Our preliminary
•is centei* there is
Third Federal Reserve
P ennsyl v an la^Al
SatuMifc/DW.' 25;clJea^ingS'
Statek froihv^hi^ht it is possible to obtain
1947
$'•*
with
—
6,301,851/+
248,700,010'
81,740,672 -
'
8,295,400';/
+13.4'
:
6,056,370"
171,513,413 +
62,533,438/
5,608,391
+26.8
3,317,759 .
3,644*552 •!
3,788,947^;, +15.1
8,941,818;. +23.2
432,632,263 +
_______
>
4.9
+10/0
3,219.553 V
11,017,022
Total (7 cities)'-
5,500,143,053
+
,
95,373,700/
400,028,015 f
+
4,400,178 "!
1,592,334"
2,073,879".:
8,949,093
5,812,837
358,262,328
6.8
253,982,455
■&>
I
We nWhd&bur^
»k ended
detailed|i^^
'Dec; -18 for four years
7
Tenth Federal
for the/
Nebraska— Fremont——a..
/I ',;
Hastings—
Week Ended Dec; 18
1948
Hearings at~
rirst Federal
r /
%
+•'
.
-;
—-————
Jorband——/——
"all' River——
>'
.
>v/1
———'_.
issachusetts—Boston—
$'
Inc.
;
:? 7 'C
or*;
"V
;
—
5i5;o79,94^;
569',966,768'1
2,027,857/1 v,Vh- :/
0.9
Jprlngfieldll^——
rorcester-.-^,;--^--—;
ldw'Havejt-4.--~-^.-.7^i
lode Island—Providence
•
9.6
■j
20,639/57tf^|"lf:J
8.9
13,159/861.
—
'
.
35,lii;300
+
:
6,616,416
.
/,16,067,32T/
.30,938,500
;
1,591,786
Federal
Reserve
Ifn'gfh'a* m tOSi
District—New
'
•/
—l
——
Siffl'if a__—J—,
/
——.
York'—
I.
7
:'
-
21,693,800
7-'
/
+18.5
••
98,022,622:
—
l,95l;626^r''
1,848,692
' +
2,078,280"
/
77
Chester—
24,087,766 J /
115/027,964f'u
3yracuse__—•
tnecticut—Stamford
14,112,318 •'>
Jersey—Moihtclair-.—
/::; 901:048
•-
'
fewark/-^—
7
7
81/041,392:
5.6
1,621,179
1,742,585
3.3
14/875,041
•
+
657,2847+37.1
■
..
13,793,708
Galveston..
X,
——
(6
cities)—i—_.
57,457,190 '
2.9
8,636,563
/. 760,641' ./7 '
41,498,995
—
Yakima:
Oregon+-Portland__
__
10,310,488,722
1,532,539'!
1,533,068
8.0
538,488,872"
;
9,522,145
:___.
San Jose———
Barbara:.
545/039;
;Y 30/071,986
(10
cities)—840,490*868
Grand Total
(111 cities):.—:
Outride New York—
—.
44,866,428
tNot
8,630.280,704
446,145,763
included 4ii
JNot
available.
totals.
16,829,029/318'
•
327,650,389-'
4,320,733
■
,
167,356,000^
17,675,233 !
,
5,166,006
4,186,000'
2,797,931"
9,226,423
—25.5
116,405,781
4,850,978;
157,402,1891'
58,561/861+
10,950/139*.
458,344/829+
11,335,382
5,158/184/T
9,399/182
Stockton
Total
6,300/978
220,549,000
23,680/472
+23.2
322,025,020
9/298,040!
13,264,769/
.____
1,752,512
1,254,153
267,800,804 »r
2,140,427"
x
7t051,256:
202,729,648?'
Franfeiscb-^-
12,121,978 /
Pasadena
7,620,333
+ 20.7
9,834,889
'
4,339,896!
160,071/066 ^
64,580,620^;
Califdrhia-^-Lbhg Beach^i
V
2i7,128,38Z^
10,856,548
5,982,972 t + 33.0
269,05l;000 -33.6
27,096,665
+10.2
6,668,897' + 3.1
3,990^9T
+37.6
115,890,259+
1_
Utah-^—Salt Lake City___
San Francisco.
239,981/619
District—Sail
—
7,803,003
372,332,005^
+ 30.0
+
,
5,038,447;
9,570,090 ;
7.6
+ 11.6'
516,439,291
4,665,618-"
12,112,702
___
Wasttingthn-^-SeattleY-
82,010,838/!/
5,799,873t
+ 26.6
2,039,799
6,874,000
Wichita Falls
Louisiana—Shreveport—
4,353,113
129,802,744"
5.6
+ 17.9
+
316,060
373,489),
6,158,386
1,910,152 V'
7,955,542
178,522,327'
29,851,430 v
.
—.
8,944,511
r
+
409,313
494,800 Y
+ 15.8
as—
——.
Dallas!-^—
Worth!!—i„Yi.:.
Saiita
/
59,134,299 '
9,421^732,301
8,442,904,402'
13,350-,777 <7 77
49,816:584— 1.9
9,151/320,514",..
/ 991,833 "
;
V
•
65,478,253
+10.7
1,134,079
'
12,291,212-
■7
48,928,193
—.
7 65,053,172
/l8,768,7l4"
0.1
+. 9.7
2,228/332
'.
10,068,04l,9f61
20,093,548 v* + 19.9
12,861,686 V
11/110,651
2,786/209 7
4.6
13,770,327;
2,651,411
2,305,251
'1,191,943
-11/122,861
+14.7
f;', 8,844:704,925:7' 9,146,645,6057 -7:
York_7——„—
rbtai (12 citie§)i_L
2,968,843
DistHci
Forth
632;040/747:?:"495,446,260
+189.7
2,382',976V'7
1_—.
jamestowh——_1—
JOfUiern New Jersey—
12,669,817
-
557,679,572
Twelfth' Federal Reserve
3,517,278
93,531,102
——.
7.3
cities)
Texas—Austin:.—
4,536,632
22/734,806"
/ i
36/691,077 '/
'
—
6,965,969
15,362,545
Eleventh Federal Reserve
Total
675,523,677
(10
1
370,710,451
'
Springs
Ptieblo——
Total
135,803,641
14,948,164
"
"
7.7,311,898
,
i.
2,022,792
,
St! Joseph,—
Colorado—Colorado
7 6,083,396"
4,741,107
+10.2
;_+
+
+ 23.6
587,544- +10.6
6,602,912,.
128,601,477+'
5,908,159*11,803,638 *'■
344,681,393 ^
671,088'
.
f
I'k 28i,ll8,32(i i;;
6.2
■
1,520,739'
' l,675;245"7 //
v
—
513,890
650,000
7,646,753
^
Wichita£—_
1
635.387
«
;
Kansas—Topeka
423,100:618
1,322,086
7.2,164,896
1.7
626,233,172
York—Albany—______
Jew
538,339,844
J
+ 12.2
37,280,000 +;
-
/
(12
iuffalo
015
12/93^,840^4'
—_.
|V kampshlr^MahdheSter-/..—."uH
7
"7 1,731,588
7/ :7. 7 • 894,551
+
: 1945
/ 1/282,697:
7 3,925,511
.
;
6/67^141^7.:i"-,.JBi303,JB72y.+''.'&9
*.
_:
MiSsbtfri—Kansas" City!!—
"
4,687,825
8.1
+ 24.8
7
7,639,37.97
8,574,921
.
,,
—
916,526'
2,337,127
i^h^cticut-i-H^tford!C-l--7_Jil:;;! \.,/v v 32&Q*,>&&■:*
v
Y
.7:-!,65^27"
—
2,206,245
:
v
f7/7C'' 2,347/76^7
—.
—
—
Omaha—
7/7'$ /
4,786,180 /—10.7
;
1,143,811'
ecftiid
1946
Dec. %*
1,9361307";+
1
1,954 539
!; > 4,272,979
——v/'."
ie# Bedford—
roki
Lincoln
.
1947
fceserve District—Roston-
dne—Bangor—
Reserve District—Kansas
City-
'
4,926,978 +
9,440,919
841,517,009'+
:f17,095/05B;820'
7,984,324,393^ 7,940/4ll>215v
—
0.4
122,626,967
—10.5
+
,
4,507,357'
1.7
107,560/814+!
+ 10.3 r'"
55,952,631
+ 10.7
+
—
10,347,410
2.4
8,066,894 !
2.7
440,228,133',
+ 17.0/+
—
—
4.7
10,016,750
!
5,128,152 "
0.4
0.1
—
1.6
+
0.5
+
6,501,184^
773,336,844J i'
592,731,525"
8,896,230
*
80,669/795'
4,562,117^
75,162,873 '
35,860,055!
7,918/1413
5,940,310:1
358/617,262"
8/104,916
3,394,872+
17,412,146,964": 13,943,047,455
7,344,099,003 "
5,500,143,053
48
(2724)
THE COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, December 27, 1948
Company and Issue—
Foreign Exchange Rates
Bush
Co.—
mortgage 50-year bonds, due I960-:
Chicago & Western Iridiana RR.—
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
to the
Secretary of the Treasury the buying rate for cable transfers
Ijive below a record for the week just passed:
1
Jan
Paga
14
2535 'r
1st and
We
the different countries of the world.
on
Date
Terminal Buildings
1st
refunding mortgage 4 Vis, series D, due 1962—Mar 1
Chilean Nitrate & Iodine Sales
Corp.—
:v
5%
sterling income debentures—
Dec 31
Compania Salitrera de Tarapaca y Antofagasta—
232Q
.
232L
____
FOREIGN
EXCHANGE
CERTIFIED
RATES
RESERVE
FEDERAL
BY
BANK
TO
TREASURY
UNDER
ACT
TARIFF
1930
OF
20-year 5% serial debentures, due 1968
Cooper-Bessemer Corp., prior preference stock
Eastern New York Power
Corp.—
1st mortgage 3(4%
bonds, due 1861_
General American Transportation
Corp.—
'
-
DEC.
17,
TO DEC.
1948
Noon
Country and Monetary
Buying
Transfers
in
York
New
States Money
Dec. 20
Dec. 21
'
_
For
Nesbitt
.297733°
.251247°
.251247°
.200003°
1.212313
Closed
.200000°
.022846
.022846
.054406
.054406
.054406
1.000000
1.000000
1.000000
.920000
I.OOQO60
.919631
.020060
.020060
.020(160
.020060
.208535
—
.208535
.208535
.208535
.208535
Chechoslovakia,
Jcoruna..—
Denmark, krcine—
—
France
pound
.022846
.054406
4.031484
;
4.031484
4.031484
of,
.004671°.
.004671° :
peso
guilder—_u—
.003150°
.003146°,
.003150°
.301678
.301678
.301678
.145249
.145287
i
.145316
.375850 ' ;
.376875
•
.376444
.375812/
.11——-
s
-
-
1.000000
-
Zealand,
.920208
of
South
1.000000
.916875
3.991542
3.991542
.201580
.201580
.201580
.040325
.040325
1.007500
pound
.278228
Closed
.278228
Ltd.,
tApplication depends
Brunswick
New
York
Gas
Power
&
7%
(In
thousands
of
dollars)
:
Dec. 22.
Assets—
Gold
:
■
fund
for
gold ctf.
22,325,429
F.
bonds,
advances.
868
an,d
1,530,259
52,824
—
—
1,477,435
+
<
—
11,421
;
159,644
23,773
—
143,451
+
20
—
573
securities:
Bills
106,871
5,020,995
-
Certificates
Notes
+
4,001
5,960.369
;
.....
+
806.950
—_—
Bonds
—
11,056,550
—
deposits adjusted
principal increases being
City and $102,000,000 in the
deposits credited to domestic
21,250
7,000
—
55,903
+
22,844.864
all districts. *.
Total
Due
loans
from
F. R.
securities—
Notes of other
+
banks...
—
150,078
+
3.434,415'
—
32,302
:
assets
11,100
+
49
items
premises
Other
23,271,969
foreign banks.
Uncollected
Bank
and
+
......
&
RR.
Assets—
;
+
144 250
...
50,212,613
—
490
—
+
142,082
+
Loans
Deposits:
:
Member
U.
S.
24:397,448
t,:
940
in
this
acct.
gen.
19,898,699
1,574,577
483,970
—
183,117
—
S.
.
;
2,521,717
+
605,366
+
645,661
+
18.223
+
87.866
+
21,248
—
21,825
S.
+
2,485,408
—
15,293
+
108.389
+
268
3,233,422
+
445,103
118,056
—
6,898
166.
tVol.
are
165.
227 L
§Vol
grouped in two separate tables.
167..
week.
Then
follow with
we
The
...
in
our
"General Corporation
announced ' this
dividends
in the week when
week
loans
580
carrying:
obligations
8
17
4,066
14
securities
86
12-31
12-10
1-15
1-10
12-30
12-20
12-23..
+
57
280
626
891
—
36
15,044
—
11
12-23
12-29
12-20
Book
Co.
iquar.).
$1
2-
1
$1
1-
7
Co.
(year-end)—.-
12-31
15c
1-14
12-31
75C
12-23
Houses,
Iron
1,537
Common
1,093
$1.10
5V2%.
127
1-15
12-31
27 Vic
1-15
12-31
25c
12-31
15c
—
—
(quar.)
Co.
—
Spring of Holly, common
preferred
(quar.)——
12-22*
12-31
12-22°
1216c
12-29
12-20
133/4C
12-29
12-20
25c
12-15
12-
50c
—-—
—....
American
5
Works—
(quar.)
(quar.)
Manufacturing
Extra
2,187
(year-end >—.....—
preferred
American
73
Inc.
Machine
&
i-ia
12-2T
1-10
15C
...
5,575
—
Felt
American
918
—
303
2,406
12-20
12-30
$3
American
19
—
+
12-30
(extra) —+*
^—(year-end)—,___—
$3
Co.
Fidelity & Casualty Co. (quar.)...
American Fidelity Co. (Montpelier, Vt.) —
Quarterly _—;
...
4,213
+
398
1,754
Balances with domestic banks
12-2tt
3c
American
472
+
—
4,826
Banks..
1
Arch
American
625
+
10
;
12-39
1-
$1.50
iquar.)—;
American
21.
+
261
4,141
Reserve
pfd.
6%
Metal
Alloy Cast Steel Co.
198
2.285
...
Federal
vault—
Mfg.,
5c
159
—
1
196
3,930
33,440
1
securities—total
Paper
12-23.
1-25
75c
iquar.—
Quarterly
249
—
2
470
__
Co.
12-31
American
205
—
Reduction
12-31
25c
iquar.)
Products, class B (year-endi.
All Penn Oil & Gas (increased quar.)——
Allemania Fire Insurance Co. (Pittsburgh) —
897
+
24,575
with
Albermarle
or
bonds
in
62
487
obligations
banks
Government
Reserve
1,884
(
bills 1
Treasury certificates of indebtedness
Treasury notes
Cash
Air
+
pfd.
partic.
12-23
50c
(irreg.i.—.—
common
conv.
12-31
lie
Inc.,
non-cum.
1,771
Rotifer*
Payable of Ree
lie
Participating
+
136
When
Share
25c
Investors,
$2
■<
2,515
pur¬
Treasury
S.
Air
All
15,595
for
are:
Per
Name of Company"
'
76
table' in
.
+
.
second
a
declared.
agricultural
loans
to
S.
87
—
In th»
we
and: Investment News Department"
1947
25,289
____
purchasing
securitiesr_;
estate
Other
22,506,629
for
Government
Loans
U.
U.
liab., incl. accrued divs.
tVol.
under the company name
Dec. 17,
312
25,529
dealers
Government
loans
U.
587,001
+
and
Other. securities
2,844,364
536,448
.
issue.
27
ord of past dividend payments in
many cases are given,
carrying:
or
Other
acct.
549,383
Treasurer
Other
Other
brokers
to
U.
42,618
;
bank—reserve
Foreign
+
Dec. 8,
1948
62,870
.
chasing
Real
notes—
j
Dec
show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
(in millions of dollars)
v
—
Other
'feeserve
v.,
Investments—total—
loans
Liabilities—
Federal
Dec. 15,
Loans—grosst———
Commercial, industrial, and
29,790
—
and
Other
assets
1
Loans—net
240,871
23
which
\vl. I.
1S48
45
+
1260
bring together all the dividends announced the
we
current
Demand
banks increased in nearly
.
■
1,087,409
+
districts,
inc. (+) or.
9.346,957
11,914
2123
Any time
Co.—
Dec. (—) Since
.
Total
all
Chicago' District!
724,800
154,188
+
in
first
$227,000,000 in New: York
member banks follows:
911,886
944,531
1
DIVIDENDS
Eorrowings decreased $144,000,000 in New York City*
$32,000,000 in Chicago, and $161,000,000 at all1 reporting
member banks."
A summary of the assets and liabilities of reporting
Loans
148)524
§1591
Jan
164.
Dividends
,
,
increased
the
.
—
$36,000,000.
—6,765,740
-4-
2328
l
exchange
maturing bonds for a new certificate issue. Holdings
Treasury bills increased $86,000,000. Holdings of Treas¬
ury notes increased $59,000,000 in New York City and
$57,000,000 at all reporting member banks. Holdings of '
Demand
24,'
1947
1
Jun
of
other securities decreased
since
232T
Jan
Ohio
General mortgage 5s, due 1951
Corp., class B preferred' stock
or
Die.
+
426,237
Industrial loans———
Govt;
t2004
Ohio
Wacker
.
-
4,001
+
219,628
S.
Any time
1949—.
.531909°)
22,959,922
—
U.
due
Tennessee Coal, Iron
R.
reserves
cash
Discounts
2123
.561799°).
1948
634,493
Total
2019
14
.561799°)
$
certificates———
Other
1
Jan
31
Co.—
,561799°t
Dec. 15,
" 1948
■
-
Redemption
1954—_Jan
stock
Power
&
.561799°t
,
125T
due
A,
Heat
convertible preferred stock..
Power Co., 6% debenture
bonds, due 2024_
Pacific Portland Cement
Co., preferred stock..
decrease (—)
'»
•
.
■
series
preferred
1st
Light,
.658300°)
Increase ( + )
.
bonds,
.588223°)
,
2325
Dec
4.007500
decreased $280,000,000. partially reflecting the
27
stock—
.588223°)
.531909°)
2225
Anytime
.658300°t
,531909°t
l
Dec
!i
1949
4.007500
.531909*t
1991
Apr
.588223°t
,
2541
1-
,
preferred
Co.,
Electric
Purchase money 4%
Leather Co., 5%
4.007500
due
1
...
,
.658300*1
type of merchandise.
upon
.•
Jan
.653300°+
Reserve Banks Combined
'
"
4.007500;
.531909°t
peso
Jan
__
1950—
.588223°t
peso-.
,
1955
.
Co,, Inc.—
trust
of
,
t241»
12142'
.658300°t
-
Statement of Condition of the 12 Federal
;
due
1477
1
.5g8223°)
;
peso
Pag»
1
1951___Any time
due
.561799°t
peso
'
iquar.).
—
Anglo-Chilean Nitrate Corp. (initial 1 _—...
Telephone Co., 4V2% pfd. (quar.)
4
.
Total
liabilities.——
148.329
.
+
2,757,579
7)—
...
(Section 13b)
capital accounts—.
179
+
+
448.189,'
27.543
131,119
5,629
8,366
+
88
+
6.068
-
72,702
deposits adjusted,..-....—:
deposits, except Government—
U.
200,984-
Government
8.
deposits..
Interbank demand deposits:
Domestic
cap." accts.. 50,212,613
142.082
+2,844,364
banks
;
706
3
1,028
■44
9,518
516
5Ve
870
_
14,847
4-
4 31
Austin,'
to
56
100
161
+
....—.
:•
Automobile
94
of
note
gold
liabilities
Contingent
re¬
and
U.
S.
Govt,
week
accounts,
...
for
respondents
Commitments
on
foreign
make
0.3'
0.5?/;
bills
Rubber
ously. reported,.
Year-ago figures have' been adjusted to
:
10 :
916
indus-
-loans.
6.090'
•
+
28
'f
1.597
1
2-
1
1-
30c
2-
1
l-20»
1-
1
»
Redemption Galls and Sinking Fund
de
——
i—1,-+—'
(irreg.)
Refractories
(extra)
Paper,
1
12-21
1-25
12-30
1-14,.
;
1-14:
12-22.
1-11
12-28:
15c
12-29
12-20.
10c
-
—
—
12-21
1-
1-15
24c '
Lo§ Andes, American shares——Manufacturing
Co..'.
Bathurst Power, Si
12-21
12-21
1
1-25
15c
70c
—T——-
1
1
1-
5p-~
———
12-21
1„
'37 Vic
-
S
1-
5c
<._r——
(quar.).—
1.^—•
Barcald
Basic
3,371
1-
5c
(quar
(quar.);...
Co;
Beverly Gas.<& Electric
Banco
gross basis.
a
Extra '
:
cor¬
_____ 0.
to
49.0'
V
(quar.)
..I.———
—
$1.50! preferred
24,886
_
12-17"
25C
+25C
5c
tBeginning June 30', 1943, Individual loan items are reported gross,
i.e., before deduction of valuation reserves, instead of net as' previ¬
R.
combined-
liability;
purchased
trial
certificate
to deposit and F.
serves,
1-15
5c
Baldwin
."Ratio
1-15
1
—
Banking Corp., com.
Extra
56
1
2-
demand deposit accounts,, except
Interbank
during
1,482
!
2-
25c
(quar.)
Nichols., & Co.,
Inc.—
convertible prior preference
$1.20
672
_
'
i
—:
preferred
Atlantic Company (quar.)
Atlas Steels, Ltd.—
413
+.
'
,
;
22V2C
Associated
48,290
...
——
Foreign banks
Borrowings
Debits
Total liabilities &
'
Demand
Time
...l
Surplus
Other
'
Liabilities—
49,404.773
Capital Accounts—
Capital paid in
Burplus (Section
12-31
Ltd.—
Class
B
.r: t25c"
(quar.) _:J.—:———
Petroleum
Corp. Mincreased
quar.)
1
2-
1
t3TVaC:'.\
(initial);—v—
.
Class/. A'
3-
3-
1
2-
1
t75c
?<
Bay
3-
1
2-
1
12-29
; 25c
,
.—
12-22:
12-22.
12 Vic.
Condition Statement of Member Banks
The condition statement
of
weekly reporting member
System in leading cities
following principal changes" for; the week
ended Dec. 15: Increases of $626,000,000 in reserve bal¬
ances
with Federal Reserve Banks, $706,000,000 in de¬
mand
deposits adjusted, and $516,000,000 in demand
deposits credited to domestic banks.
" >,
banks
of
shows
the
Federal Reserve
the
Commercial, industrial, and agricultural loans • in¬
$67,000,000 in New: York City, $26,000,0b0 in the
Chicago District, $16,000,000 in the St Louis District, and
$136,000,000 at all reporting-member banks: Loans to
creased
brokers and dealers for purchasing or carrying
United
States Government and other securities decreased $70,-
COO^ObP,. largely in .New York City,
•
Holdings of Treasury certificates of indebtedness in-'
creased
>
2331
Mortgage Corp.—
•Announcement
!
Jan
dye 2024—July
A,
....
bonds,
collateral
New
.233629
UVol.
•
series
mtge.'5s,
Ry.—
Watch
6%
Union
20-year
.278228
.233629
,
.233629
1st
4%
Cottons,
National
* 0
.278228
.233629)
Lake
mortgage
Montreal
.040325
.233629
debs.,
Co.,
50-year debenture bonds,
Salt
8t
mortgage
1st
.201580
.040321
.278228
•Nominal rate,
"•
2330
Date'
.
1955
$1.20 convertible preferred stock.
National Sash Weight Corp.—
.916875
3.991542
3.991542
Power
6%
Longines-Wittnauer
1.000000
.917500
.
'
due
F,
bonds, series A, due
Cooperative Federeq de Quebec—
2%jZV%% bonds due 1949-1964..—
t
.040321
Africa,
1st
.376971)*.,
.091324
[Switzerland, franc
Uruguay,
Uruguay,
Uruguay,
Uruguay,
232i"
CALLED
La
.145316
.201580
Norway, krone
Portugal, escudo
Bpain, peseta
Gweden, krona
Tlnldn
Closed
1.991542
pound
l.OOOOOO'
l.ocooco
Free
Co.,
Denver
,
•
.922500
-
Cuba
.301678
■
ISSUE
Paper Co., Inc.—
convertible notes, series
Appalachian Power Co., 6%
.003154°
,
i
'
'
Newfoundland, dollar—
Official
,
W.
6%
.004671°:
.004671°
.301678
rupee
.145262
Netherlands,
ENTIRE
■
A.: P.
4.031484
.003144°
Mexico,
.
.
Company and Issue—
.919375
Butte'Electric
.004671°
Dominion
2324.
Jan
-
.
„
(Metropolitan), franc—
Free
Efew
Closed
1.031484
sterling
Official
JEtodla,
'
'
—
Bngland,
Corp.—
1st
1.000000
.922812
.020060
Oadada, dollarOfficial
3.212313
,
31
II
notes
2326
.022848)
franc-
2323;
,
.200000°
3.21?313
cruzeiro-
sinking fund 3%
2429
1
——Dec
series A—i.^i^.-!
Inc.,
7
Jan
.251247°
.925000
Aelfjum,
Brazil,
—Jan
_
211?
2544
Park^Lexingtpn
.297733°
3.212313
—
stock,
J.l,
2
mortgage leasehold bonds, due 1964
i_
_Dec 31
Pennsylvania Water & Power Co.—
.200000°
Refunding, mtge. & collat. trust 3 V* % bds., due 1970_Dec
31
3.212313,
Tampa Electric Co;, 1st mortgage 3%.
bonds, due 1978—Jan
1
.022846+
UpiOh Oil Co. of. California, 3%
debentures, due 1967—Jan;' r 1
.054406
r** Walgreen
Co., 4% preferred stock-jan 31
.297733°
.251247°
(John
Jan
1
$
,
.297733°
.200000°
pound
$4.25, preferred
Dec. 23
Dec. 22
$
>
.297733*
.251247°
"regular" products..."non-regular" products
Tor certain industrial products
For
Australia,
Cable
United
$
$
-•
-
-■
■
in
INCLUSIVE
Dec. 18
Dec. 17
-
1948,
for
Rate
Value
Unit
Argentina, peso—
23,
$398,000,600 and holdings of Government bonds
bf corporate bonds, notes,
preferred and;common stocks called for redemption,
including those, .called under' sinking fund provisions.
Below will be found
a
list
Bessemer Limestone
A
Biltmore
redemption or last date for mak¬
ing tenders, and the page number gives the location in
the current volume (except where indicated) in which
the details were given in the "Chronicle."
OF
Date
Central RR., .4%
National
Union
gold bonds, due
Mortgage
Corp.—
1952—.
1
.Dec
27
,1
& Steel
Co..
common
Bower
.
548
548
2231
Date
AJgoma Central Terminals, Ltd,— ,
+5
1st'mortgage ujdeb. stock and
;
>
Page
du^ 1959. .Dec'31
14^7
r'T
-
bonds,
Appalachian Electric Power Co., 4.50%
;
.
pfd. stock—--- .Jan
mtge. & collat. trust inc. bds.,
ser.-
A— .Jan
3
-
23X8
1
2222
Co.
'**
6%
.
6%;
Corp.
12-31
1-15
12-31
12-31
12-15.
1-
1
20c
1-
1
1-20
1-10'
$3
12-22
12-18.
40c
r_—
1-
$1
3
12-15
12-23
3-
8
75c
3-19
10c
12-24
12-16
3 7 Vic
1-23
12-20
(irreg.)
2-
1
1-15
1-
1
12-1T
$ 1.50
2-
1
25c
.
2-
1
t50c
-
.
:
t$1.50
:
Broadway, Department Stores, Inc.—
Common
(qugr.)
——<• Class B f(quar,)'_'__-'.--—_V--.--—+-r-'-'--rBroadway-'Market: (Detroit): (extra) — —
BErooke (E. & G.) Iron Co. (year-end,).—
Burnham
1-15
1-15
70c
(quar.)..
1st; preferred : (quar,)
2nd preferred ,(quaf.]-—
12-30'
—
Bowling Green Fund (quar.).
Brandtjeh .&".Kluge, Inc.' (quar.)..———
Brahtford Roofing Co., Ltd.
(increased).—
British' Columbia Telephone Co.—
REDEMPTION
_
Rdller Bearing
1-21
t25c
-r~~
Yards'Co.
12-20
_noc
—
—
.r—
Stock
12-28
tlOc
—
—-—-
,
Bros.
...;—
Boston'Investment Co. (year-end 1
2120
l
common.
Bloomingdale
,
PARTIAL
Company and TsSiie—
Bolivia Ry.,'5%
Extra
Page
1
Ltd.,
(quar.)—.
Quarterly
Bourboh
4
stock..... .Jan
A
Birmingham Fire Insurance Co. (Alabama*
:f
20-year collateral trust bonds, series A. due 1954— -Jan:
Special .interest notes: (unattached to bonds).—
.Jan
Taylor-Wharton Iron
Class
TENDER
Company and Issue—
Illinois
Hats,
•
The date indicates the
NOTICE
(year-end
1-15
$1.50
Foods",: Trie.' (quar.)
Best
1-31
50c
& Cement
12-29
40c
Baystate"! Corp.. (increased).-r—r—r-
+
.
'
25c
15c
1-18
2-1
25c
40c
1-17"
-,
12-20
1-
4
12-29.
iz-zd
12-21:
12-22.
^Volume 168
THE
Number 4763-
<
When
Per
Share
Name of Compcftiy
1-
7
Goodall
1-28
1-
7
Stock
$30c
1
—'
Quarterly;
4-28
4-
7
1-28
J30c
7-28
7-
J30c
10-28
10-
Quarterly
——-—
Gordon
Ltd.—-
Carrier
12-15
12-15
Gulf
10c
12-28
12-21
1-25
1-11
Co.
Chain
Ohio
Store
Hartford
12-31
$40c
1-
3
12-20
f50c
(s-a)__
—
1-
3
12-20
1-15
12-18
tlOc
flOc
4-15
7-15
6-17
tlOc
10-15
9-17
Hecht
Helena
Investment
3
12-24
3-
1
2-11
1-15
12-31
Hercules
50c
Products.J.--,——.w
1-
25c
—_
1-10
12-28
Higbee
Henkel-Clauss
$6
56'Ac
—
1
1-15
12-28
2-
50c
12-18
5%
.
Bank
National
.___
(quar.)
of
___
York
New
5c
12-29
12-22
12-31
12-20
80c
12-31
12-20
Hook
40c
2-
1
15c
(quar.)
2-
1
1-
Dairy
Railway Equipment—
(year-end)
preferred (quar.I
.Hudson
12-18
Stock
12-23
7%
_
City Stores,
Class
A
Clinton
(quar.):
Trust
_
12-28
12-23
(N.
Y.)
Preference
7%
Gas
Continental
Huttig
1-
3
12-23
Illinois
1-
Car-Na-Var
1st preferred
(quar.)
12-31
12-27
2-15
1-31
2-
$1.50
1-
1
11-
1
Inglis
2-
1
1-15
2-1
1-5
2-1
$1
$2.50
30c
12-31
Investors
7
12-31
7
12-31
Jacobs
12-16
Jahn
I-25
1-
1-15
_
1__
s-a)
12-20
3
12-20
12-29
12-20
Pacilic
12-29
12-20
Panama
1-
1
12-21
1-
1
12-21
1-10
5%
pfd.
2-4
Petroleum
Door
12-31
James
Co.
Class
12-30
1-15
1-
3
1-
3
6%
1-28
1-
10c
12-24
12-17
—;
$1.75
12-27
12-22
I2V2C
1-25
1-10
25c
12-31
12-23
28'/«C
1-
3
2c
2-
12-20
5%
1
1-15
Keith
12-28
(quar.)„_—„
20c
2-15
2-
1_
130c
2-25
1-31
t$l
preferred
Woollens
1-31
Krueger
(G.)
2-
1
1-15
Kuehne
Mfg.,
175c
2-
1
1-15
Lafayette Fire
137'/a c
(quar.)
&
2-25
125c
Worsteds, Ltd.—_____
2-
2-
1-15
1
1
(quar.)_——.
t$l. I2V2
Co.,
1-14
1-10
12-28
Co.,
12-17
B
$'2.10
1-
3
12-20
Rhinelander
12-28
12-22
Rhode
common
Power &
Paper
(quar.)
2-15
1
2-
50c
—
1-17
12-24
1-1
12-16
1-
1
12-20
1-
3
-12-17
1-
3
12.-17
Si-
1-25
1-15
93%c
1-31
1-20
15c
12-31
12-24
12-31
12-23
—
(extra)______.
______
Co.
Ltd.
$1.50
(year-end)
50c
(quar.50c
(Helena),
Inc.,
class A
Electric
Stoel
RR.
(year-end)
25c
1-15
1-10
1-25
1-
1-25
1-
3
175c
1-25
1-
3
(quar.)——
$$1.50
1-25
1-
3
preferred (quar.)—.v—l——i—______
Bridge. 6% 1st preferred (s-a)
160c
1*25
1-
3
(quar.)—
—:___
(quar.)—
Lawrence
1st
Mills Co.,
Paper
(irreg.)
preferred
.
—;—.
Louis
a
$3
$1.50
preferred
Eastern
Elastic
Nut
Stop
Electric
Elgin
Sweeper
Extra
class
Empire
A
Lawyers Trust
1-
8
12-27
12-23
Lessing's,
2-15
9c
(quar.)
I71/2C
Corp.
.
2-
1-15
4
12-27
12-20
12-15
Longines-Wittnauer
12-15
Lorain
12-27
1-15
1-
20c
1-31
1-15
Manhattan
1-
3
Marven's,
1-
8
Massachusetts
12-28
1-
3
12-21
Mastic
12-24
Maule
Quarterly
——______
Federal Screw Works
Products of
Fibre
5%
■
Canada,
participating
—
125c
50c
preferred
$1
50c
Fleury
Bissell, Ltd.,
Florida
Public
43/4%
5%
Fuhrman
Brewing Co.
Fuller
6%
Schmidt
B.)
conv.
Gardner
5%
&
(D.
&
preferred
4'/o
(s-a)
(Indiana)
McQuay,
5%
Merchants
Ice
5
1-31
1
12-24
1-
6%
1-15
1-
Foods
Genesee
Brewing
Corp.,
pfd.
Merritt-Chapman
&
Middlesex
20c
12-29
12-15
Mill
Stock
4
Stock
12-18
Millers
12-31
Milliron's
Minneapolis-Moline
$2.25
preferred
Gimbel Brothers
2-
1
Mississippi
3
12-29
Missouri
3
12-29
Missouri
2-
1
1-10
Mohawk
1-15
1-
4
25 '!o
1-15
1-
3
15c
1-15
1-
4
1-15
1-
$4.50
'
preferred
56'/4C
(quari)
_____i_;
(quar.)
T V2 %
12-27
preferred
preferred
12-31
12-21
Southern
12-21
Southern Franklin
1
1-
1
12-21
1-31
1-12
1-31
1-12
12'/2c
12-28
25c
1-
12-15
1
12-15
12-27
12-15
6%
preferred
6%
preferred
Standard
$6
12-22
80c
2-15
$3.50'
3
12-22
1-31
1-
1-31
1-
5
28c
1-31
1-
5
37'/2C
37'/2c
1-15
1-15
12-31
Co.-—17'/2c
1-15
12.-31
12-28
12-15
——__
—
—
,—7
(quar.)—
Power
Process Co.—
Mortgage Corp._
Co., Ltd., 4'/2%
Edison
Power
Co.
&
.
1-*
1-28
$6
$7
preferred
prior
•
$1.50
$1.75
$1.50
1-10
12-15
1-15
12-31
12-31
—,—75c
(quar.)_
$56'/4c
12-30
12-27
1
1-15
$1.50
$1.75
75c
1-25
12-31
pfd.
prior
(accum.)—
!»
—_
(accum.)
—
6% preferred (quar.)
conv. pfd. (quar.)
Phosphate'
&
Acid
preferred
Mfg.,
3
12-20
Standard
12-24
Standard Steel Spring, 4%
1-13
12-31
$1.75
1
12-31
12-14
25c
'
1-15
12-27
Co.—
(accum.)
pfd.
<quar.)_
$1.62'/2
$1.50
2-15
2-
1-31
'
1-15
1
Monroe
Plan
$2.25
Society,
Corp.
preferred
(John)
&
1-
3
12-20
(quar.)_
97'/2c
1-
3
12-15
____r——
Corp._
Liqueur
Loan
Morris
17'/2c
10c
62'/2c
1-20
12-20
1-
Paper
Wholesale
50c
Works
(quar.)'/.—______—_—60c
Stearns
Mfg. Co
5c
Stetson (John B.)
Company, common
50c
8% .preferred
ts-a)_.
51
Stony Brook RR. (s-a)—_—
—
$2.50
Extra
*
*■
50c
Sun Oil Company, 4'/2% class A pfd. (quar.)
$1.12'/2
12-17
(quar.)
Light, 3.90%
of
Co.
class
pfd.
5%
A
America,
"A"
(quar.)
Company
12-31
.
:
Fuel
Standard
$1.25
Implement
$6
5
Co.-—
12-31
50c
___.
12-14
Navigation & RR. Co.
Light,
3
2-
Standard Gas & Electric Co.—
(s-a)
preferred
Power &
1-10
1-
1-
,
Southwestern
1-10
37%c
28'/2C
(quar.)
England Telephone Co._____^ r
Bell Telephone (quar.$1.25
New
Springfield
1
1-15
$6.25
;—_
(year-end)
preferred (quar.)
Southern
1
2-
7 ;....•
(quar.)—_—
A
Colorado
2-
130c
$53c
12-24
Common
7%
130c
3
com.
(quar.)
12-31
12-22
1-
(quar.)
Gas
5
12-28
50c
(accum.)„____
California
5
1-
12-24
(quar.)____
Inc.--
California Edison Co.,
4.56%
Southern
1-
3
1-
—
Hungerford) Company
preferred
1st
1-10
22c
(quar.l___
common
(quar.)
1-10
25c
Scott -(s-a)
Power
$5
1-10
(irreg.)
——
(J.
Southern
*
12-22
$1.25
■
20c
(Boston)
Ltd.,
Co.,
1-10
75c
pfd.
&
preferred
12-31
1-
C.)—
1-25
12-31
1-
1
12-18
2-
1
3-14
pfd.
(quar.)
<quar.)_,
1
5c
1-15
common____
5c
2-
1
1-14
____________
56'/4c
2-
1
1-14
37'/2c
1-29
(quar.)
12-29
lr
8
Super
Mold
Tennessee
Otjin Insurance
'Extra
12-30
1-15
12-31
1-15
12-31
1-
5
12-31
1-
5
12-31
2-
1
1-
1-20
12-31
(quar.)•___'5c
1-15
12-31
1-15
12-31
12-31
12-24
5c
Refrigeration., & Warehousing Corp.
Semi-annual
1-10
1-20
'
_/
Terminal
1
1-17
50c
$1.50
of California (quar.)____.
Iron & Steel (year-end)___
Corp.
Taylor-Wharton
1-15
3-
.
,
$1.50
-r-.r
4,
.
25c
(quar.)
!
_
(quar.)
Monroe Auto Equipment
3
25%
——
3
K 3
com.
7% prior preferred (quar.)
Department Stores, 5% pfd. <s-a>_
convertible
$6.50
12-29
1-
15c
,
common
(quar.)
$1.50
Falls,
1-
871/2C
dividend
(quar.)
(quar.)_
;
1-15
$1
(quar.)—
Georgia Pacific Plywood & Lumber—
1-
12-17
1-13
—
(quar.)
dividend
12-22
12-24
12-17
12-31
_______
Co.
Trust
4.48%
(year-end)
12-31
Morrell
Common
Co.
Creek & Mine Hill
50c
Class B. (quar.)
..
12-22
1
12-31
12-31
$1.25
—
Southeastern Investment Trust,
Storage—
7%
Water,
Bridge
(N.)
Smith
1
l-» 3
2-
D.
Extra
$2.12
12-17
12-27
$2.50
(iccum.)___i„____
Miami
-
Class A
(s-a)
Slater
75c
__
(quar.)—„—
$3.50
preferred
12-24
12-17
1-
25c
Cold
12-15
12-11
12-29
5c
(quar.)__________________
&
1
12-22
General
preferred
12-28
12-31
pfd.
12-18
Distilling
Merchants
1-
25c
2nd
12-15
12-27
12-31
$1
(Washington,
Company
3
1-15
—
Shareholders
1-
12-31
$1.75
.
—
Shakespeare
5
1-15
12-31
10c
pid.
1-
8'/2c
Co.
1-15
"
Louis—
St.
Extra
5
$2.50
:
5%
i-
1
f$1.25
(quar.)
Inc.,, common
12-27
$2.50
Cable
conv.
_
2-
50c
$4
—
______
(year-end)
s-al
Co.
12-20
$4.50
."
(initial
Stores
7»/2C
Co., common_f__
$1.06'/4
'
(quar.)
Semi-annual
(quar.)
(quar.)__
11-6
of
(quar.i!
Quarterly
12-21
l'/2%
$2.75
:/:
A
Co.
Company,
3
1-
(year-end)__^—_
General
iA'/o
12-31
Corp., common.——
1st preferred (quar.)__
_______
Gary Railways
A
4
Co.
1-15
J
$1.50
_______
Investment
12-24
1-31
30c
(quar.
preferred
Security Storage
12-15
1-13
:
preferred (quar.)
$6 pfd. (quar.)L__
conv.
:
$1.25
(s-a)
General,
Corp.
5%,
12-20
1-3
Extra
Co., Inc.—-
Electric Light
preferred
(extra )___
class A
&
1-
1
12-28
(initial)25c
(initial)__________—10c
McLellan
1
1-
common..—50c
preferred
H.)
1-18
Corp.—
1-20
$1.183/4
(year-end)——
pfd.
Gas, 6%
preferred
Securities
3
*25c
(quar.)
Preferred
1
Co.,
12-30
15c
common..—
(quar.)—:
1-
15c
^
(Bait.),
Stores,
(F.
*1-
$7
12-31
1-20
«juar.)14c
Co.
Aircraft
B
Class
12-27
1-17
125c
(quar.)„____
•
Utilities,
preferred
Class
McGraw
12-27
1-
$1.25
Franklin Process Co.
12-20
1
1-10
5%
25c
(quar.)__
$1
(quar.)__
pref.
I-
12-31
$1.25
(extra).
Corp
non-cum.
Seattle
1-10
37'/2c
Estate
50c
—
(year-end)——
preferred
12-31
65c
(San Fran.)_'_
Firestone Tire & Rubber Co.^—i——
Bros.,
6%
12-28
(quar.)_____
preferred
Register
&
Co.
Fund_.l__—
5%
preferred
McDonnell
12-20
50c
-
.
—
Springfield Corp.
4'/2%
(quar.,25c
12-24
;_—
4'/4%
Real
Asphalt
McCormick
10-20
1-
Bond
Industries
McFadden
50c
(irreg.i_
-_—_i
Fisher
II-
Co.,
Ltd.,
McCaskey
Ltd.—
common
Fireman's Fund Insurance Co.
$5
7-20
25c
Participating
Participating
First
4-20
8-
50c
——Ll—•_—-—
Extra
1-20
5-
/—
(extra)—
Bureau,
2-
50c
——_——
(s-a)—_—
preferred
4'//-.
50c
50c
—.
Watch
& Paper Co.
&
1-15
SOc
/
,___—
____
H.)
(R.
Company
3
'
dividend)
Company
Macy
12-31
2-15
15c
(year-end)—
1-15
1-
Securities
______
(stock
Dock__
Power
30c
_—_______—
Quarterly
&
125c
(quar.)——
Light Co.
Fashion Park, Inc, (quar.)
Coal
12-24
Co-
(quar.)__;
MacLaren
125c
Telegraph
Carbonic'Corp.
Lunkenheimer
5
3
&
12-30
25c
/
&
3
10c
—__
(quar.)—
1-
(Ed.)
Schuylkill Valley Navigation & RR.
Scotten Dillon
Co.
(spe-cial)
■
(quar.)
preferred
12-28
5c
;
(special)
1-
5%
25c
—^
1
Schuster
1-14
12-20
75c:.
1-
12-15
1 1
1-21
12-24
(year-end)
1
r'
12-24
;$3
37 '/2c
1
Inc.
Telephone
Liquid
Co.
Co.' (quar,)
1-
20c
—
Electric
Filing Equipment
Lincoln
1
Electric
&
12-27
5c
(quar.)—__3————
Corp.
Gas
Special
12-31
Co., Ltd.—
Fairbarks Company
River
12-27
25c
Empire Southern Gas (quar.)
_______—
Esmond Mills, Ltd., 5% pfd. (quar.)
—
Fall
Lawrence
8
15c
________
Alloys
Phonograph
Millwork
12-31
1-
Common
_____
&
•1-15
Ltd.—
<quar.)_
Co.
Empire Brass Mfg.
$1
&
,
Radio
37'/zc
—a.—
(year-end)
Refractories
Emerson
—__
conv.
Industries.
American shares
Electro
50c
stock
of American (irreg.)
Corp.
Musical
<fc
common—
(quar.).
Associates,
Utilities
$1.25
1st pfd. (quar.)
Duquesne Light Co., 5%
1-
2-
.
3
Ltd.—
2-
I
3
5
12-28
150c
183/4c
Avenue
Corp., Ltd., 1st pfd.
preferred
(quar.)______
—
Eason Oil Company,
4
12-20
12-31
25c
./
1-
1-
1-10
2nd preferredj (s-a)
—$1.50
Saudi Arabian Mining Syndicate, Ltd,______
,
tlOc
Scarfe & Company, Ltd.,.class A (quar.)_A__ ",
$20c
Class R (quar.1
* '• 110c
30c
_
Co..
1-15
1-15
1-
-
Superior & Ishpeming
Latrobe
,
25c
(quar.)__
Lawrence
2nd
St.
12-14
2-
1-25
(quar.)________.
Button
Common
,,,12-14
1-20
12-14
12-30
18%c
Corp.
2nd
1-10
50c
.
~
(initial)
Textile
Russek's-Fifth
2-15
1
12-30
75c
(quar.)
(extra)
St.
3
$1.50
——
Corp.
4
4
3
1-
$1
52'/ac
(quar.)__,—_*
Protective
1-
75c
(quar.)___..______^_
(Pgh.)
Paper
St.
2-15
1-20
15c
.
Engineering,. common_>__ :
common
preferred
1-
2-25
J$2
1-14
1
3-
_______—____—12'/2c
Rubinstein
25c
_______
1
3-
1-31
&
new
4
1-
:
2-
<12-22
Electric
1-
1-14
$1.50 "
55c
1-12
Riegel
15c
;
12-20
12-28
Rochester
.
3
12'/2c
Roan Antelope Copper Mines,
10c
.
1-
—_
12-21
12-20
__
12-20
_—______
Riegel
12-27
A (year-end)
(New Orleans)
Co.
3
1-31
12-20
_____
pfd.
1-
1-12
12-21
3
Co
conv.
Insurance
1-15
$2.50
12'/2c
3
3
12-20
1
class A (quar.)____—____
3
1-
12-20
12-31
12-20
3
'
12'/ac
$$2
.
33/4%
12-15
12-16
2
1-
5
1-
1-
12-22
3
12-29
12-29
1-
1-31
3
1-
Inc
1-
$1.25
1-
10c
$1.06'/4
(quar.)
$1.75
$1.25
12-22
(quar.)
com.
Paper Co._
Rich's, Inc.,
12-22
$1.75
12-14
2-21
20c
Extra
1-31
12-27
$1.10
37'/2c
*
50c
________—;
Island
5
—$2.50
Special
12-22
1-14
5c
Reliance Life Insurance
12-22
1
7'/2 %.
1st p.d. (s-a)
—
preferred
conv.
1-14
2-
—10c
Electric
12-20
1-
1
2-
lquar.)_
12-22
15c
12-21
1-15
2-
(quar.)_—20c
Pump Co._.
Reliance
; *«•'.
common
(quar.)
$2
Class
Reda
3
(quar.)___
7%
Products
Top Brewing,
3
12-28
12-28
37'/2c
—_______
Graphite Bearings,
1-
'
$10.09
;
—
(quar.)
Income Shares
1-
pfd. (s-a)
(special)
preferred
Brewing
Lake St, John
1-15
2-15
Lake
preferred
12-15
$1.12'/2
•Semi-annual
Paper Co., Ltd.—
conveitible
Red
4'/4%
12-15
12-28
1-12
12-11
(qaur.)___—$1
Extra
___
$5
Service
preferred
$20c
common
pfd.
Randall
12-28
1-12
1-31
4.40% :preferred
all
(quar.)
E.),
Creamery Co.,
_______
—___________
Ltd.,
Supply
Public
60c
Quarterly
$1.50
&
Water
(quar.)
of Colorado,
preferred (quar.)—
12-22
$6
1-31
12-22
»
Service Co.
12-22
•
clears
payment
Knudsen
1
Public
12-29
50c
12-31
75c
.
preferred (s-a)
12-29
62'/he
L_
Kewanee
(quar.)—________
—
redeemable
(George
$5 2nd
1-15
"**
•
1-15
35c
Corp., 5% preferred (accum:)2l-—.
& Co., Ltd. (s-a)___^—.—_____
12-23
(s-a)
12-31
________
K.J Co., Inc._:
25c
________
Co.
quar.-)__
(initial)
Co.
12-13
12-22
3
1-20
20c
Bros.
1-31
70c
(quar.)
preferred
Union
Inc.
Porter (H.
12-31
____
3
1-
$1
$1'
12-23
$1.50
Kellogg Switchboard
1-11
Co., Ltd. (quar.)___;
(year-end)
1-
'1-15
90c
12-13
(quar.)___.
12-24
"1-28
(year-end)
(interim)
10c
(this
preferred
Plainficld
Pollock's,
37Vic
$2.50
Kansas Power & Light, 4'/2% pfd. (quar.)_
Kaynee Company, common (quar.)
7% preferred
(quar.)
—___;
.11
75c
_
—————-
Corp.
Inc;
12-29
$1
20c
(quar.)
12-23
3
12-18
(quar.)
Lumber
5c
arrears)
6%
preferred
Prcpper-McCaUum Hosiery, 5%
1-
12-23
'^0c
(quar.)___
com.
12-15
25c
12-21
'
-
preferred
3
1
12-27
12-31
'35c
Price
1
12-14
1
12-29
$1
'
Prestole
1-
12-27
1-
30c
(increased
12-31
Shoe
common
(year-end)
preferred
Co.
12-17
2-
12-31
$1.25
.
1-15
87'/2c
t$4.50
50c
30c
(quar.l____
12-20
.___•
12-28
1
12-31
&
Ordinary
12-27
1-
$1.25
—
Prentiss-Wabers
$2
4
12-28
preferred,,
12-22
A
3
12-
12-31
Pinchin, Johnson & Co., Ltd.—
1-15
1-
1-
12-20
*
(year-end)_______
convertible
arrears)
62'/2c
k
preferred
Fund,
Sons,
Ltd.
(quar.)
Co.
Pickering
12-22
1-
1-14
75c
Insurance Co.
3
(quar.)
Common
1-15
1-14
1
12-31
$1.95
$1.25
(year-end)
Co.
30c
City Structural Steel—
25c
__
(quar.)___
Fabrics,
^Mutual
(E.)
93%c
(Joseph) Crucible Co.—_—_—
Manufacturing
3M»%
Kansas
12-22
3
$1.50
<quar.)_
class
5%
preferred
(quar.)__
Kansas City .Eire & Marine
———
(extra)
Inc., common—
Inc
System,
12-31
3
Co.
(s-a)
12-31
_______
——_____
Shares,-
preferred
Bridge
4%.
1-15
1-
12-17
Service—
(extra)
t$l
iquar.)__,
(Bridgeport)
1-15
(quar.)
Mfg. Co
preferred
Telegraph
Co.
all
12-27
2-
$2
(year-end)
Cement
1-19
3
1-15
1-
37'/2c
,
1
$3.60
12-16
3
12-28
15c
___
B
Inc,
10c
Delaware Rayon Corp., class A
pfd.
Johnson-Stephens & Shinkle
5
1
1-
(quar.)
Philip Morris & Co. Ltd.
1-10
$2
10c
(W. E.) Company
Deerfield Glassine
(quar.)
1
2-10
$1
1-15
Bros., Inc.
Dean
Detroit Gasket &
1-
2-
12-20
12-28
75c
Y.)_
.'
1-20
(quar.)3----,————
2-
12-22
25c
Trading Corp.—
$1.25 partic. class A (This payment clears
12-24
tlOc
2c
.
IN.
Corp.
25c
—
_____
A
Commerce
$1,121/2
Curtiss Candy Co., $4.50 partic. pfd. (quar.)
Cypress Abbey Co._
Dana Corporation, common——————
preferred
12-29
12-20
12-28
B
Kahn's
12-30
3
$4
Ltd
Johns-Manville,
Joyce,
Cunningham Drug Stores, Inc._,
1-
1-15
(Extra)
L.)
River
12-24
40c
25c
12-20
12-29
25c
of
3
$4.50
,
12-20
—
1-
Permanente
12-20
12-24
Telephone
Extra
Perry-Fay
2-4
12-31
1-
12-30
Fisheries, Inc.
Coca-Cola Bottling
2-4
12-15
12-31
12-29
American
3-1
2-25
3
$2
75c
—
___________
Co.. Uncreased),,—,
Co. _!
;__w—
Paper
3-1
$2.25
accum.)__
Oilier
series
Elevator
Oxford
3-1
JlOc
Mortgage
(F.
&
Otis
1
10c
$lOc
Co., 5% preferred tquar.)
Engraving Co. (year-end)
James Manufacturing Co., common (quar.)_
3
1-5
3
1-
12-15
3-15
$1.50
Company
Orangeburg Mfg.
Co
Qswego Falls, Corp.
1-
12-27
100%
Y.)
Gear
10c
•
;
Extra
k 3
Oil
12-20
(year-end)__
Public
$5
3
(s-a)_
Enterprises,
30c
Co.
International
1-
90c
—
12-22
12-28
$1.75
—___
3
1-
15c
(s-a)
(quar.)
Industries
37'Ac
(quar.)
Ocean
3
Crystal Tissue Co. '(quar.!—
4xh 'k
Co.
Corp.
1-
30c
iCummins Engine Co. (initial quar.
Dominion
Leather,
Olin
1
Milling Co. 4%
Johnston
Donnacona
Ohio
1-
25c
Brownhoist
Mfg.
1-3
conv.
Nuclear
12-27
25c
12-20
2nd
12-15
3
50c
1-15
1st
2
25c
__i_
Co.
Engineering
1-15
12-20
$1.75
(quar.)
Northwestern National
5r/o'
Bank
1-15
2c
12-15
pfd.
Bell
3
(stock aividend)___
(N.
Ry.
preferred
Northwest
1-14
1-
Ry.—
Mfg.
1-
(quar.)
(accum.)
(John),
Insley
5%
Judd
1-
Extra
5
&
25c
Extra
5
adjustment
50c
$1.25
•International
—
12-24
Co.
Corp.
Western
&
40c
1
Ins.
Hundred
$1.50
\
common.,
Car
&
Brick
12-30
6%
1-10
quar.)__
(s-a)
Sash
15c
Extra..-.
1-10
$1.50
(quar.).
Investing Corp., $7
10c
Dominion
12-23
50c
50c
(quar.)__—_—.
Dominion Bridge
Indiana
3
1-31
(quar.)
preferred
Cribben & Sexton Co——
Dodge
Northern
Telegraph
Central
50c
2-
—,
4'/2%
Northern
Industrial
C
(year-end)___
Corp.
,
Dixon
North
12-22
Indiana Associated Telephone $2 pfd. (quar.)
Indiana Gas & Chemical $3 pfd._____
47'/a
(quar.)
Terry Shoe, common (year-end)
5%
preferred
(s-a):.__
Creamery Package Mfg. Co. (quar.)
Dividend
12-23
1-10
75c
—
Craddock
Diebold,
3
1-10
$1,621/2
Davidson
1-
12-30
12-21
(quar.)__
33/4%
4%
2
Cooper (Peter) Corp., 6'/a % pfd. (quar.)____
Corn Products
Refining, common (quar.)—
77c preferred
12-23
1-31
25c
2nd preferred
3
1-31
Machine Tool Corp.—
Converses Rubber, 5%
i
B
Industrial
.'
'■ .
preferred (quar. )__■_—^
$6 1st
5
Hampshire)—
(accum.)
Connecticut Light & Pwi\, $1.90 pfd.
$2 preferred (quar.)_—_—
Consolidated
1-
18c
(New
preferred
1
1-
125c
—
Commodity Corp.
Concord
2-
Norfolk
125c
—_
,
■-
$7
25c
Cohen (Dan) Company (quar.)
Collingwood Terminals, Ltd., common...—,
5
25c
(quar.)—T.
1-
30c
_____
1
12-16
Fire
Northwestern
•
Hulchins
2-
12-28
1-
dividend
Class
30c
______
Co.
4334C
-
(quar.)_
common
Nineteen
Helena)
(increased
com.
Hunt's, Ltd. class A
-
Common
Mutual
Niagara
12-31
1-12
kl-31
$1.50
(quar.)
(quar.)
Telephone Co. (quar.)
Steel
Co. * (extra)
Newburgn
12-24*
RR.—
York
12-16
3
$7.50
RR.
York
12-20
1-11
1-
25c
(accum.)
New
12-15
1
$1.50
iquar.)____
New
.
5
1-
1-31
(s-a)
Motor
A
pfd.
Louis
St.
&
prei-erred
12-.28
46c
Extra
12-18
12-28
Chicago
1-10
1-15
1-15
1
Northern
Chicago
60c
Drugs
20c
—__
London
N." Y.
40c
Extra
20c
Chicago Corp. (quar.)_____
Chicago Molded Products Corp. (quar.)__
New
93%c
(year-end)___
com.
(quar.)
preferred
3
preferred
12-17
12-28
15c
<quar.)____
Co.,
Power 6%
12-20
$1.25
!
common
preferred
Home
50c
$2
Chase
Co.
England
12-20
25c
(quar.)__
Rubinstein,
Corp.
Holly Sugar Corp.
-
New
1-
2-
5c
5
6%
1-15
Inc.—
(initial)—___
com.
new
$6
1-1
12-31
Co.____:
Co.
Laundries
50c
(quar.)
preferred
Stamping
Tank
England
12-20
$4
Delaware,
New
1
1-15
1-15
20c
50c
(see
Cement
National
1-
1-31
(quar.)'50c
12-20
12-28
50c
tquar.)___
(quar.)
Company,
5%
Corp.—
preferred* (quar.)
Chambersburg Engineering /(extra)
Champion Shoe Machinery
(year-end)________
Company
preferred
National
1-
110c
$1.50
Quarterly
1-14
Holder»
Payable of Rea.
1-31
_•
12-20
1-la
$1.25
of
Shops
When
49
fl2'/2c
Telegraph___
&
Distillers-Products
2-15
2
12-30
(year-end)
common
Rubinstein
1
3-15
1-
3
(quar.)___—__
______
Telephone
Nationar Shirt
1-
60c
—
common
preferred
12-27
60c
(quar.)
Company
33/4%
50c
(year-end)
(quar.)
"transit
preferred
20c
(year-end)
(year-end)
com.
<quar.')__—
Co.,
7
10c
& Company
Hotel (Pa.)
Gas
National
20c
(quar.)__
States
12-15
60c
Hatfield-Campbell Creek Coal Co., common__
Participating preferred (quar.)_:
Haverhill
Electric Co.,
Haverhill Gas Light
3-18
J 10c
4'/2%
Charleston
Hall
Harrisburg
1-3 h
3iy4c
Co
Mountain
3
2-
t25c
(quar.)__
_—Jz.
Extra
12-16
1-15
4Gc
(quar.)__
1
Share
Royal Rice Mills, Ltd.
1-
10c
pfd.
2-
Company
1-
.
$2.75
_;
(year-end)
12-16
1
8%
~
Steel
1-
50c
'
Mount
Per
^
,
Name of
12-15
2-15
class A
Knitting Co.
preferred
3
12-30
__i
Service
H.)
B
5%
•'- ■v
Co.
common
preferred
Central
Class
Harris
1
Co.
(P.
12-16
12-23.
(s-a)___
partic.
Co.
Rubber
Public
Ltd.
1-
15c
Transit
$1.25
Holdera
10%
_________
&
When
(2725)
Payable of Rec.
$1.25
(quar.)
Company,
Gas,
Gro-Cord
3
—------i
Corp.,
Griscom-Russell
&
3
_
Cannon- Shoe
10-
25c
(&-a)
Canadian Western Lumber (quar.) LLL-Quarterly
—r_
Iti
Quarterly
Quarterly 7
10-28
U8%C
(quar.)
Canadian!Fire Insurance
Indemnity
Greenwich
62V20
A
Canadiaai
Grafton
7-
$1.80
(increased quar.)
(quar.)_.i_—L—
Co.,
14-
7-28
1-
-
preferred
Canadian: Converters
1-28
4-28
Hanes
-•
(quar.)
Inc. (quar.)__-__^
Manufacturing Co. (year-end)
Gotham Hosiery Co.
(quar.)
1-
__j._
CHRONICLE
.
Share
Foods,
28'/8c
California. Portland Cement (qu«r.;)
Campbell UA. S.) Company—
" '•'•.
pfd.
Gorham
12V2C
—-
Company 5%
Co.
J30c
common', (quar.)
'
'
dividend
J30c
————
4-V(2%- preferred
(quar.) ___—
California Pacific Trading—
$1.50
convertible
preferred
(accum.)
Class
Rubber
J30c
:a—
Quarterly
Quarterly
Butler'si.: Inc.;
$2.50
H.)
J60c
Quarterly
/Common
(P.
Goderich Elevator
'
Quarterly
_____________
..Class B
(year-end)
FINANCIAL
Per
Name of Company
30c
t$1.60
Quarterly
&
Holder«
Payable of Rec.
Glatfelter
(Burns- & Company—
Class A, (year-end)_—___:——
■
COMMERCIAL
50c
$1.12V2 •'
\ 1-15
II-
1
12-31
Morris
Mount Carbon
12-22
1-25
1-10
&
Port Carbon RR.
(s-a)____
Mt. Diablo Oil, Mining & Development
1-10
1-25
(Philip) & Co., Ltd. (see Philip Morris)
:•
-Extra
__j__
(quar.)
Texas
$1.25
_■
t
lr13
lc
3-3
ic
3-
12-31
3
2-15
'
'2-15
$6
Power
&
preferred
Thayer's, Ltd.,
Tiffany
&
Light,
7%
$1.75
2-
1
$1.50
preferred
2-
1
1-10
____
$$2.50
1-
3
12-17
——
$35
12-23
12-20
(quar.)
(quar.)
$3.50 preferred
Company
(year-end)
1
accum.)
1-10
(2726)
50
FINANCIAL 'CHRONICLE
COMMERCIAL &
THE
■
MonSay, December 27, 1948-
;
• ,•
■
I
Todd
Minnesota (s-a)
class A (year-end).
Company,
Uhion
Manufacturing
Union
Stock Yards of
(quar.)__
conv. pfd.
Co. (initial)
12-27
12-29
12-24
1
12-23
1-
12-23
12-15
85c
12-31
12-21
American
87 '/2C
2-
1
1-15
$$1
1-
3
12-28
17(4c
participating preferred (reduced)
Distributors, Inc. (s-a)
4
4
(s-a)
Corp.
Shoe
12-31
American
—
25C
1-15
12-31
American
Ice
50c
1-15
& Mining-
Smelting, Refining
Common
(quar.)
1-
6
12-24
1-
3
12-22
12-24
12-10
$1.50
Wabash
Inc.
Railroad Co.
Wagner
Electric Corp.
37 (4c
2-
30c
1-
(year-end)
—
(stock dividend)
Washington Gas Light Co.
(quar.).-—
West Coast Telephone Co., $1.20 pfd. (quar.)
$4.25
.
6%
preferred (quar.)__
preferred (quar.) ______
4%• ..prior
Will
12-20
12-31
1-
American
Molasses
American
News
2-
1
1-21
$2
1-
1
12-27
75c
1-
1
12-21
$1.75
1-
1
12-21
previous
include divi¬
given in the
dividends announced in
give the
paid. The list does not
announced this week, these being
dends
Service Co.,
of Company
Name
Products Co., Inc.__;
Laboratories (quar.)
W
P
A
Abbott
Extra
35c
r-
-
__
$3
$6 pfd. (s-a)
Abitibi Power & Paper Co., Ltd.—
Abercrombie & Fitch,
$37(4c
$62%c
$2.50
Acadia
1- 3
1- 2
12-30
1-10
12-31
12-31
partic preferential (quar.).
Qlove Works,
Ltd. (interim)
A
Class
Acme
Manufacturing Co. (quar.)_
Addressograph-Multigraph Corp. (quar.)
D.)
(J.
Adams
Admiral
(quar.)
Corp.
Extra
25c
_™_
dividend
Stock
held)
conv.
&
Surety
Extra
(Hartford)
Co.
Extra
..
Life
Aetna
(increased).
.*
.
preferred
>5%
•
■
•
-
Engineering Co.
Standard
~r
Corp.
Inc.,
Alden's,
All
$1.50
$1
37(4c
$1.66(4
(quar.)__
1-3
2-15
12-28
1- 1
75c
75c
:
J
common
12-31
12-31
1- 1
1- 3
12-29
1- 2
,12-28
» 12-28
1- 2
1-2
1-20
\ - $3
2 (4c
12(4c
62y2C
1
$3
'? .25c
40c
&
Allianceware
$2.50
Co.,
Dye
Allied
Chemical
Allied
Laboratories,
Allied
&
Products
inc.
conv. pfd. (quar.)_
(year-end)__—
(quar.)
(quar.)_
60c
75c
Extra-.
Corp.,
Stores
Allied
4%
Extra
$25c
85c
___,
(special).-.
Ltd.
Aluminium,
$75c
75c
12y2C
—
(quar.)
Air Filter Co., Inc., com.
$7 preferred
Quarterly
Insurance
Co.
(quar.)_
(N.
Co.
Extra
Note
Bank
Co.,
(quar.)
common
_
-
Year-End
6%
Bemberg,
common
(quar.)
(quar.)
Bosch
class A
Corp.
4%
.
M
Class B
American
Brake
conv.
Shoe
Co.,
com.
(year-end)_
(quar.)
preferred
American
7%
preferred (quar.)_
Cast Iron Pipe 6% pfd. (s-a)
American
Casualty
American
American
6%
(4 %
(stock dividend)
Co.
Cigarette
preferred
&
Cigar
(quar.)__
prior
Common
3'/a %
'7%
convertible preferred A
Dairies,
Inc.,
American
Dredging
Export Lines,
American
6%
Express
Felt
Co.
Co.
American
.4(4%
American
(quar.)_—
(quar.)
(s-a)
Inc
(quar.)__^_
1-14
12-20
1-15
12-31
40c
75c
40a
60c
1-15
1- 3
1- 3
1- 3
12-28
12-31
12-20
12-20
12- 6*
12- 6*
1- $•
1- 2
12- 6*
12-20
25c
1- 2
12-20
1- 2
12-20
1- 2
12-20
1- 2
12-20
25c
25c
1-15
1-15
1- 5
1- 5
$1
$1
$1.75
$3
12-27
12-27
1- 3
1- 1
preferred
Fruit
1
5%
1-5
(N. Y.)
(s-a)!
(Abilene, Kan.)—
$1.50
30c
$1.12(4
12-31
1- 3
1- 3
87(4c
25c
$1.75
,
$1
50c
$1.50
$1.50
American
American
American
Rubber
preferred (quar,)._—_
Arrow-Hart & Hegeman Electric Co
Artcraft Mfg. Co., 6%
conv. pfd.
(quar.)
convertible
4%%
Art
Extra
(quar.)_
Corporation
Arundel
Class
A
Class
B
Exfra
_.r___
.
»,
(increased
Co.
Investment
-
Atlantic
Atlantic
Laundries
Atlantic
Realty,
Atlantic
$2.50
1st
:
pfd.
(s-a)
Refining
preferred
$6
$3
preferred A (quar.)______
B (quar.)
Atlas Imperial Diesel Engine Co.—
•
"
Series
A
preferred (quar.)
Atlas Thrift Plan, 7%
pfd. (quar.)
Auto Fabric Products, class B
(quar.)
preferred
3.75%
Class
(stock
Finance
Auto
1
dividend)
(quar.)
A
F.) &
preferred
Sons
quar.)
(B.
Ayshire
Collieries
(B.
Babcock
&
6%
4%
Houghton Fund, Inc
Inc.
T.),
Wilcox
Welt
Co
Co.
________
(quar.)
Extra
Baldwin
Company, 0%
preferred. (quar.)__
Locomotive
Works—
Baltimore
1- 3
1- 1
1- 1
12-29
1- 3
1- 3
12- 1
12-23
12-23
12-17
12- 2
12-24
Bancohio
7%
Porcelain
convertible
Corp.
(quar.)
preferred
(quar.)
the
:
:
Manhattan
Co.
(N. Y),
(quar.)
Year-end
Bank
Bank
of
of
—
New
Y.)
Extra
1-2-49
12-23
12-14
12-18
York
&
Fifth
Avenue
—
12-18
1- 2
1)20
1- 3
1- 3
12- 7
1- 3
12-10
12-10
1- 3
1- 3
■
12-16*
12-16*
Bank
Black
$3.50
(N.
Y.)
(quar.)____;
^
•
1- 3
12-24
75c
50c
,1- 3
1- 3
12-17
12-17
12-14
12-21
$50c
1-15
12-15
50c
12-29
12-29
12-10
37 (4c
1-11
-12-28
$3
1-31
1-14
37 (4 c
12-29
12-18
81 (4c
*
12-29
12-18
12-10
$1
12-29
12-18
20-?
,.1-oq
>1.4
1-28
5UC
2-
i
50c
2-
1
1-14
.1-14
1-14
.
12-20
1-1-49
50C
3
1-
j.
12-
12-21
1-
-
1
1
1WV
1-
50c
3
I-
$1.75
pfd. (quar.).__;
(quar.)
7%
Co.
3
12-23
loc
12-29
12-16
25c
12-30
>12(4C
12-30
12-20
15c
1-10
42-24
30c
—
/
..
9UC
12-20
12-24
1-10
;
70c
Co,
$1.05
12-20
12-31
12-20
12-27
12-17
.12-27
ZZ
"
_i_—_—
25c
1
12-15
2-
1
v
1-12
12-31
12-18
-12.-31
12-18
37'/2c
1-
3
12-15
1-
3
12-15
12-30
12-20
$1.37(4
25c
Brass_Z
&
Aluminum
,12-15
1-
/
75c rk
'
&
Bohn
12-15
1
1-
•
50c
s
(quar.>__
12-17
12-30
50c
$1.50
Laughlin, Inc., common (year-end)
-5% conv. preferred
(quar.l—
Bohack (H. C.) Co., Inc., 5.(4% pfd. (quar.)
BJiss
•1-%
$1.50
(s-a)__—
Corp.
Co.
W.)
J 2-20
$2
(quar. )_•_
Mlg.
Decker
(E.
1
12-2)
12-30
'
y
Extra
Bliss
12-30
:• 75c
—___ik
(year-end)—
Inc.
Hotel
&
25c
(George
Borg-Warner
(quar.)_—___
W.). Corp. (quar.)
Corp., common (quar.)—
•
Boston
Wharf
(quar.)„
Co.—
Inc., common (year-end)
preferred (quar.)_„
—
.___
preferred (quar.)___
——
Bowes Co.,
Ltd., class A (quar.)
Bralorne
Mines,
Ltd..;
u—j,'
Brantford Cordage.Co.; Ltd., common^-—_.
'
$1.30 preferred (quar.) —
Brazilian Traction, Xight & Power Co., Ltd.
-y •• 6%
preferred (quar.)
Bridgeport Brass Co.'/ ■
<-
3
12-17
12-20
12-30
12- -1
1-
1
12-20
37y2C
1-
1
12-20
31(4c
6%.
5%
■
1-
1
12-20
$12 (4c
2-15
1-31
HOC
>15
12-28
>15
12-20
1-15
12-20
'
$!2>4c
$32(4c
$$1.50
--
,
3% %
(
■
aV
3
12-15
12-31
12-16
12-30
12-14
>15
12-31
1-
3
12-15
1-
3
12-15
1-
3
93%C
1-15
1
$25c.
participating- .preferred
•
;
„
pfd.-~<qutmfi;^'_^^_____,'—$1.37(4c
Bridgeport Gas Light Co. (quar.)
'
35c
Bright- (T."G1);"& Go.,T!Ltd. -(quar.)
$25c
Brillo Mfg. Co.,-. Inc., common'—
30c
$2 cumulative- class A dquar.)
50c
Bristol-Myers Co•'*•%•'*.).' ■
5'/2 % '.conv,v
n
12-18
1-
$1
'
"
3
12-30
60c
—
Botany Mills,
•
12-17
11-30
1-
1-
$1.25
(quar.) _z_—
Warehouse
Storage
Boston
3
,
40c
'
Boston
12-17
12-31
87'/3C
(quan)
3
12-17
1-3
$1.50
Co.
Insurance
Boston
1-
3
1-
$1
$2.25
Boston & Albany
-
12-17
1-17
$1.50
■
preferred (quar.)__—
RR. Co.—
Herald-Traveler Corp.
3
,
Extra
,3(4%
12-17
1-
25c
L'i
1-3
25c
Club
Book-of-the-Month
Borg
60c
Development
Bonanza
1-3
12-
$0.234375
■'>; 3
12-
.8%'
2-25
(quar.)
.
Oil'C6.,'vLti3.—
Gtommon ,.(
v3% % preferred^ £piar.3v__^_ii_:__--_-_
Celanese,-••Ltd•.■i4%•,ex, •«..
American -deposfct ireceipts or-dinary (final)
British
£t«;
'
4%
5%
■Class
A
pref.
Class
A
Brooklyn
Broulan
12-30
1-
3
12-15
1-15
12-31
$15c
2-
1
1-29
$40c
■/,
Columbia
British
3
2(2%
(s-a)—__—_______
Columbia Forest Products, Ltd.— %
British
1-
$60c
preferred (quar.)_r_i___^_____
—
preferred
(initial)
,
Columbia Electric Ry. Co., Ltd,—
prior
5
t$l
4%%
British
1-
Ltd.—
Electric;
Columbia
British
1-15
12-31
Corp.vLtd.—
-Power
tquar.).—__i
$2.50
Trust Co.
(s-a)
Porcupine Mir.es, Ltd.. (interim)
-
$2c
3
;
12-21
1-10
12-20
1-
Co.,
Brown
Durrell
5%
Co.,
$3.60
Bruce
Shoe
Co.,
L.)
6%
preferred
1-
3
12-15
(quar.)__
20c
1-
2
12-10
1-
2
12-10
Z__
80C
1-
3
12-15 t
90c
1-31
93%c
12-31
12-27
$1.25
1-.2
12-20
1-
1
12-31
2-
1
:
(quar.)
Newspapers,
preferred
Bucyrus-Erie Co.,
L
;
Inc.—$1.50
(quar.)_y
(quar.)____
.
1>14,
(
preferred
(year-end)
25c
$2
12-28
1-19,
12-17
$1.50
(quar.)___
7%
•
Co.—
(quar.)._
-preferred
Company
$1.25
' '
Buckeye Steel Castings, common
Budd
12-15
(year-end i_
(quar.)__
Company
*3%%. preferred
Brush-Moore
12-15
3
10c
common
Brunswick-Balke-Collender
$5
2-10
3
1-
(quar.)
common
preferred
(E.
1
1-
(quar,)
_
Distillers,
', 4% junior preferred
Brown
3-
15c
(accum. )^
common
(quar.)
preferred
Brown-Forman
'
$1.50
20c
preferred
$6
Brown
6%
(quar.)
Yorktown
,'12-29
30c
10c
:
preferred (quar.)
of
12-13
12-14
3
(quar.)—
Corp.,
BlackhawK-Perry
12-24
5c
(quar.)„_
RR., $5 pfd.
Bangor Hydro-Electric, common (quar.)
4%
12-31
12-28
3
1-
$1
12-24
-
$1.25
'
40c
$1.75
$1
Extra
7%
1-15
1- 7
1-
12-28
—___
Son,
Bismark
12-10
1-14
Steel—
preferred
(quar.)
Bangor & Aroostook
Bank
1- 3
1-31
1- 7
11-30
$1
(s-a)___—
Co. .(year-end)
Machine
12-15
12-18
12-24
8%c
20c
.
1- 3
12-27
12-27
1- 8
11-30
.
49
1-3-
$15c
common
Inc.
&
12-15^
50c
$$1
$25c
Birmingham Electric, 4.20% preferred______
Birtman
Electric -Co.
(year-end)
1- 6<'
50c
B, Inc..
(quar.)____
(quar.)
Fund
Houghton
Backstay
...
Canada,
1-3
■
$$1.75
—
-Year-end-
i_ 5-r
30c
$1
12'/2c
37V4c
$1.50
(quar,)
—
Steel
Bird
•
21c
20c
25c
pfd.
12-22
-t Ml-30
& Cement—
Manufacturing
Bird
12-21
1- 3
1-15
$$1.50
& Spencer Co.——
—
Bingham-Herbrand Corp., common....—v
.5% convertible preferred (quar.)—_______
Binks
Manufacturing CoV: (quar.)
12- 3 :
1- 3
11-29
12-27
,
1-3-49
Billings
,
37'4c
Inc.,
Products,
Allied
Avon
<
12-10
11-29
1-
30c
preferred (quar.)—
Bickford's,
12-29 -.112-15
'7c
25a
Automobile Insurance Co.
Avery
.
-12-31
3
12-27
«1
T2-31 ■•.12-16^'
" 1- 3
12-15
■ *1- 2
• 12-15
,1- 2
12-15
1-10
,12-21
10%
________
(irreg.)
—_—____
(Hartford) (quar.)
Sales Company
Auto
—_
.
1-20
'■*
50c
Inc.,; common
British-American
<
Loan,
preferred
conv.
Bibb
; "
56%c
17*/4c
10c
/
15c
Hedges,
&
Bethlehem
)'■ - 1-.
$1 y";2- rr
93%c •" 2- 1 <v
convertible
4%
Axe
12-31
12-22
$2
12-10
12- 6 *12- 6 •
•
12-31
50%
preferred series 1946—
preferred series 1948——__
Watch CoM Inc. (quar.)—
4%
————'
(quar.)
City Sewerage (quar.)
1-20
1.
(quar.)__i_—,
preferred
$6
Industrial
Bessemer Limestone
•' $1.50 <
(quar.)
5%
12-15
25c
Inc.————
Appliances,
Home
Benson
Zrt 1 ;,v'""
+•.><■
3- 2 ,"-1-28
$2.50
2- 1
12-3L
30c
1-15 ' 12-23
,_x__20c
-1- 3 '• 12-23
(s-a»__
$1.25
1- 3
12-18 V
Ry.—
Topeka & Santa Fe
1-1-49
12-27
; 12-27
■
6-10
3
20c
?.3-10
,
2
1-
yr
Corp.,
$4
1-1-49'
$15c
t60c
'62'/4c
25c
quar.)
—
Common
„
7-
(extra)____
of
3-10
35c
40C
com.
6-10
4-1
Benrus
11-30*
12-10-
■
(quar.)
(irreg.)
3-10
12-10
,
$75C
(quar.)___„—_
Ltd.,
3
1-
35C
$3.25
• 3^.13^$''•••
Hardware Co., Ltd.—
(J. H.)
Ashdown
12- 1
12- 1
1-15
1- 5
.
(quar.)
Construction
Metal
.
<18
hi
7-12 f
*.
s3oc
(quar.)
Beneficial
1- 3 >-12-16 ^
1- 3"- , 12-16.^
1- 3>; 12-14M
•. :-l,,1-~ 2 ^ra-iS <
50c
12-27 ;"12-10
$2 > 12-27" :-12-10 f;
25c
12-28 .",<12-20 *.
l.
25c
—____
Beneficial
y-y.: t
25c
25c
59%c
$1.50
7y2c
(quar.)™_
class A
Co.,
(quar.)__L_^
3
•"4-
25C
(quar.)—
& Hosiery Co.
Glove
1
I-
■____
preferred
Bendix
•
preferred (quar.)_
$5 preferred
(quar.)
$5 preferred (quar.)
$5 preferred (quar.)
B
12-14
2-
50c
$5
Class
2
""
preferred (quar.)—__r
Bell Aircraft Corp.
(year-end)^—
Bell Telephone Co. of CanadaNew common
(initial quar.)__________
Bendix Aviation Corp. ;(quar.)_;
—__
4
Armstrong
12-14
1-
25C
5%
•
$1.25. •_
1- 2 • 12-15
$1.25."4-1
3-15
—;
$L2&Wv<7-- 1
6-15
______
$1.2510* 1
9-15
Arkansas Natural Gas, 6% preferred (quar.)
- 15c :'M>lB-2912-13
Arkansas Power & Light, $7 pfd.
(quar.)_,_
$1.75ipi*h*;3
12-15 *
$6
preferred (quar.)________
$1.50 .—1- 3
12-15
Arkansas Western Gas
(quar.)__
20&"<12-31 "12-15
Armco Steel Corp., 4y2%
preferred (quar.). ,/$1.121/4
1-14
12-15
Armour & Co., $6 conv. preferred
(quar.)__
$1.50
.1-. ,2,L' :.T2-*IO V
12-14
2 '
50c
(s-a)__—
Ltd., common
3 >
7
T2-15 ;
1*
1-17 <
-J-
-
Belgium
,,
Edison Co.
2
1"
vExtra
v
Arizona
3
1-
—_
Co.
delding-Corticelli,
7%
12-15
1-
84 %c'
(quar.)
Manufacturing Co.
Belden
12-15
50c
.
Packing
3
40c
Extra
12-21
1-
50c
.
.
•.
RR.
Creek
Beech-Nut
$1.25
—
(quar.)__
dividend
8tock
Beech
'12-15
21
12-21
Bros., Ltd.
(year-end) ____—
Aircraft Corp.—_________—
Beatty
Beech
,
(N.
25c
11l-<
2-
12-31
preferred 1 (quar.)
prefeired (quar.)_______—
$1.40 preferred (quar.)__l—_—
,12-31
^ 1-15
/ 1-15
12-31
$1.40
'
12-1(0*
25c
'
$1
common
4.
12-iG*
12-10*
.1-1
25c
(quarj>_„
(quar.)___
(qqar.j
A
12-28
$2.25
$1.40
>
2- 1 ^ 1-17
American Woolen Co., 7% preferred (quar.)
$1.75
1-14
12-31*
American Wringer Co., common (extra)__!_
15c
12-28
12-14
Common
' >
30c
,1- 3
12-14
American Zinc, Lead & Smelting Co., com._
10c
2-15 '12-30
$5 prior preferred (quar.)_____
$1.25
2>- 1 1- 6
Amra
Corp.
(increased)
20c
1-16 , 1-5
Anchor Hocking Glass Corp., common._/_l.50c ,.,12-30
12-23
$4 preferred
(quar.)
1
.1——; $1
1- >1
12-23 '.
Anchor Post Products
" v
" '
■
' r '
6%
prior preferred (quar.)
$1.66 1-31-49
1-21 ■ r
Anderson-Prichard Oil
(quar.)
' 25c Vl2-30.;> U2-17
Andes Copper Mining (extra)™.—-.>■
25c . ^2-30
.12^17 <
Angerman Company (increased
' "'rT5c";
1-IC 12-27 i
Anglo Huronian, Ltd.
(s-a}'____.
_
$10c -1-29
1- 5
Apex Electrical Mfg. Co., com
(increased).
' 26c w <1- 3 ; 12-20 '
7%
preferred (quar.)
^______
$1.75
1- 3
12-20
Arcade Cotton Mills, common (extra)__^___
S5 '
1- 2 -12-21
Common (quar.)
$1 > • 3-31 r 1 3-23
Common (quar.)
•
$1- ; '6-30
6-23 ;
6%
preferred <s-a)__!
—_-f—
$3
6-30
- 6-23
Argus Corp., Ltd., common--;
$15c J 3-1 V ,1-31 <
4y2% convertible preference (quar.)__4„ t$1.12,43- 1 ■ ■
1-31
(quar.)_
preferred
5%
12-20
12-15
i
$2.25
12(4c
Tobacco Co., 6% pfd. (quar.)$1.50
Turf Association (year-end)$1.50
Viscose Corp., common (increased)
75c
1- 3
1- 3
1- 3
$1.25
—
A
Class
2- 3'<12-15
•: • "
Telephone & Teiegramr (quar.)—
Thread Co. 5% pfd. (s-a)__—__
American
12-15
12-15
12-16
12-16
$1.75
$1.25
—__
(quar.)
preferred
5%
American
Babbitt
$1.12(4
Inc
Co.
Axe
•
(quar.)
Growers,
Surety
Telephone
12-14
12-14
12-16*
•
Fork & Hoe Co,
American
American
(year-end)
com.
__________—
preferred (s-a)
Atlantic
City Electric
Co.
preferred (quar.)
(quar.)
Atchison
37(4c
(quar.)
American
American
common
Refining,
Sugar
preferred
7%
12-17
12-17
50c
preferred
-
American
Class
1-3
12-3
1- 3
12- 3
2- 2>. * 1-5*
1- 3'; 12-6*
35c
35c
$4
—1
Extra
:
—
com.
12-15
3:
12-28
50c
..
(quar.)___—
A
1-
$4
$i.i2ya
(quar.)1,
common
common
Co.,
Lumber
Class
-12-15
1- 3
'I 30c
(quar.) —_____:
—
American Stores Co.
(quar.)
olis)
Baldwin
Co.—
(increased quar.)
Year-end
American
States
1- 5
1- 5
Cyanamid
American
American
.12-11
12-20
—r
—
(year-end)
;—
Insurance Co.
(Indianap-
1-1
1-14
—'
-
(quar.)
Stamping Co.
12-15
12-17
•
(quar.)____
Crystal Sugar Co, com.
preferred (quar.)___
American
4
Co.,
Can
preferred
1- 2
1- 3
$2.25
(s-a)___.
preferred
4(4%
>13*"
12-3
25c
:
—__—
_____—
B
Extra
American
1-31
12-27
25c
Extra
Class
2- 2 *
75c
25c
tquar.)__
preferred
American
3- 1
25c
$1
(quar.)__
;
(quar.).
Roof Corp.
Bakeries
American
12-10
10c
Extra
American
1- 1
25c
_1
'
__
Asphalt
American
12-20
12-14
12-13
12-13
12-20
Y.) —
'___
Extra
12-20
12-20
12-20
12-15
i
Extra
.
Cq.,
1-12- ,.12-?4
_.
—;—
Co.,
&
preferred
conv.
Beaver
12- 6
12-20
12-31
,1-1
Foods
33/a%
12-11
$3 •. r 1--1"''/12-11
$3
Ll-! 1 r-'12-11 ;
50c
(14 3 ^x12- 2
75c '' 1- '3
12- 2
$1.50
"1- 3 j 12- 2 "
$1
12-31
12-10
(quar.i__i_:'_'
common
American
Associates
(quar.)
Alliance
American
12-10
; 12-10
Co.,
Snuff
25c
$1.75
—
preferred
American
$3
American
1- 3
(quar.)
2-18
3-3,
V
75C
bommon
12-23
1-1-.
75c
50c
preferred (quar.)—
4%
Beatrlee
12- 6 1
50c
50c
-—i
$1.25
(quar.)
Amalgamated Leather, 6% preferred
Amalgamated Sugar Co. (quar.)
American Aggregates Corp,
5%
2- 1
12-10
12-10
Manufacturing
Goods
Aluminum
933Ac
(quar.)
preferred
12-27
Canada, Ltd.—
of
Co.
Aluminum
12-15
12-20
12-24
12-10
^
'."V
.
(quar.)
preferred
$3.75
(quar.)
common
Co. of America
Aluminum
1-5
■-
Western Ry. Co., guar, (s-a) _
Allen Electric & Equipment Co
Alliance Realty Co. 25c ser. A pfd. (s-a)'__
(
12-24
•
1- 3
1- 1
1- 7
A- 3
25c
$4.05
B
Allegheny
3
1-20
75c
8%c
(quar.)
Products Co., class A
Metal
Class
>
_
preferred
4(4%
1
1
12-31
7c
(quar.)___
preferred
Alberton
,
12- 3
12-15
12-15
12- 3
12- 3
Markets
Super
6%
1111-
$1.25
Agricultural
Insurance
Co.
(Watertown,
N. Y.) (quar.)
—
Ahlberg Bearing, class A (quar.)
Ainsworth
Mfg.
Corp.
(quar.)—
Alabama Power Co., 4.20% ,pfd. (quar.)
Alan Wood Steel Co. (see Wood (Alan) Co.)
Albers
12-18
12-15
12- 3
;
v
(quar.)
Inc
Fund,
Affiliated
(quar.)—
.
Co.
Insurance
Extra
Aetna
50c
40c
20c
50c
50c
—
Insurance
Aetna
37(4c
»>2(4c
(quar.)——
(quar.)
pfd.
6%
Corp.,
Casualty
Aetna
12-18
12-31
1- 3
1- 3
1- 3
_____
Aerovox
12-10
12-15
12-15v
12-16
12-18
each nine
of
share
(one
12- 1
12- 1
1-2
1- 2
$25c
$25c
25c
50c
15c
preferred (quar.)
prior preferred (quar.)
Atlantic Sugar Refineries, Ltd.—
$1.50
Payable of Rec.
1-10 ; 12-17
1- 3
12- 7
1_ 3
12_ 7
1- 3
12-22
Share
12(4c
65c
- ;
Holders
When
Per
common
(annual)
class A (annual)
12-10
T2-31
1- 3
' 1
2-19 1
nl2-15,12-20>'
/ >'I- 5
.1" 5
12-15
12- 8
' 12- 8
$1.50
(s-a).— __
(irreg.)„___
Bausch
12- 9*
•••-:'••
H2-31'"'
i- 3
Co.
preferred
$3
.
-
(Ludwig)
•,12-23
56'/4c
(quar.)
-
12-23
12-31
50c
(quar.<—__—11.
12-lfe
3
1-
12-31
50 c
tquar.)__——_
preferred (Sra)
& Lomb Optical Co.
4(4%
,
50c
.
Baumann
$1.25
?
Insurance
Reserve
1-15
12-30
t' 1-14
1-15
.V
3- 1
•
12-30
*1- 5
1-15
1-15
50c .Ml- 3
$2.25
12-27
$2.25 / 12-27
(initial)
com.
new
(accum.)
preferred
$6
"
-
'■
t$1.12(4
Optical Co. (quar.)
American Piano Corp., class A (year-end)—
Class
B
(year-end)
—American Power & Light $5 pfd. (accum.)r_i- -
6%
preceding table.
25c
American
American
Below we
».
——
—
American
weeks and not yet
«
-W
97(4c
, 25c
$1
25c
Co.
(quar.)—_——1—
: 10c
(bi-monthly)_——25c
Metal Products,
Co.
1- 1
$1.75
preferred (quar.)
—
Machine & Foundry
" ' - ■
3.90%
prefered (quar.)—_
American Macnine & Metals
—
American Mail Line, Ltd. (annual)-——T—
American
Maize-Products,
common—____
American Metal Co., Ltd.
*
4 V2 %
preferred (initial quar.)
—_
12-31
$$1.75
Co. /(increased)——_______r_
Oil
preferred
;4 V2 %
.
12- 9*
1-. 1
1-15
■
''
Bastian-Blessfng
Co.'
M&nufaeturing Co.,-
12-15
35c
___
12-10
(quar.)_——_____
Bates
■
12-31*
1-15
■■__<-—
4(4.% preferred
12-^10
1- 3
Canada,Ltd.—•
Corp., common
...
Barnsdall
V1-
7%
American
■Extra
1-15
(quar.)_:___^___
(s-a)>_—r;
Corp.s
Bros.
Barker
.12-20
12-17.-,
12-17
12-14*
.-1-4
.31 Vac
.
American
12-27
1
common
Co.,
Locomotive
American
Extra
(quar.)__
Co. of Illinois—
(quar.)___
—-—I-
Investment
preferred
5%
-
12-29
1- 3
10c
(ye-ar-end)>66c
common
12 27
1
1-
75c
Co.,
12-27
1
$1
Company, common
preferred (quar.)
7%
1
1-15
$i.06y4
pfd. (quar.)
S.)
(J.
Young
1-14
_______
Candle Co., 8%
Baumer
&
12-29
1
'1-
Lake Erie Ry.-—
lien (quar.)
&
Wheeling
2-15
30c
—•
—
.
$40c
(quar.)__—.
common
Inc.,
Stores,
Wieboldt
2%
(quar.)
Ltd.
Breweries,
Western
12-31
75c
7»/zC
_____
Freeze,
Velvet
12-31
1-15
87YzC
_________
(year-end)
Coach Mfg.
—
_
(quar.)
preferred
7%
Vagabond
25c
$1.75
Home
,
S.
common—^.1—
(quar.)——
Products (monthly)——.ij--
preferred
7%
1-14
1-15
American
U.
__—-
Rubber Co.,
Hard
American
25c
1- 3
12-29
$1.50
(quar.)
Oil
Barber
12-20- ;
1- 3
.
—-
.
75c
;>.3
$1.18%
preferred
'7%
.
1-4-49
45C
(accum.)M_—_
Y.)
cN.
,
Barber-Ellis Co. of
,
2-9
12-3
v3"15
,12-22*
20c
$6.50
———_^__
preferred
Co.
Trust
Payable of Rec.
Shaw
•'
Guaranty Co. of
& Mortgage
common
participating
Bankers
-v
•
Felt.
preferred
2nd
:
.
r
Securities Corp.—
Bankers
6 %:
-i '' V ■
3-15, .- . 2-^
a' ..•>•<'
•
.—.
(quar.)___—
&
Hair
American
$5
1-
1-14
50c
preferred
4%%
•—-$
Extra
held
share
America,
"
Company
Bond
Bankers
2- S 't
.
held—
—i
Common extra stock dividend 1/10.0 of a '
share of Atlantic City Electric
Co. for
Common
1-
<•'
25c-i
share
each
for
mon
12-27
3
1-
Share * Paydble of Rec.
.
;
quarterly cash dividend
Common
(stock
dividend)
2/100 of a
share of Atlantic City Electric Co. com-
12-27
3
.
36 (4c
1
,
& Electric Co.— •*
Gas
Common
each
United Shirt
S.
3
75c
Cigar-Whelan
$3.50 convertible preferred (quar.)
__
United Distillers of Canada, Ltd. (year-end)
United Milk Products, common
(reduced) __
U.
.1-
37 (4c
Omaha (year-end)___
Stores Corp.—
United
75c
12-27
45C
$1.50
Co.,
Coach
Twin
3
15c
(year-end)
Corp.
12-20
1-
15c
(year-end)
B
Class
Towmotor
12-29
$2.59
-•
of
Co.
Insurance
Namdof Company
Payable of Rec.
Share
Name of Company
Title
Name of
Holders
When
Per
Holders
When
Per
/
Holders
When
Per
(quar.)
2-
1
1-19
$1.75
1-
3
12-17|
15c
12-30
12-14
Volume "168
Number 4763.
THE : COMMERCIAL
•
"
Year-end
6%
Forge
Watea
12-28
Extra
Inc.
,1-15
12-28
12-28
12-20
12-27
12-17
_________
Central
12-
3
1-
$40c
—
1
9
6
12-17
75c
v'
__
11-
3
12-17*
pfd.
Extra
Burnham
Corp., 6% preferred
Manufacturing—-■
■
Bush
5%
non-cum.
*'4V2%
Bush
preferred
convertible
Terminal
Butler
(P.
Bldgs.,
C.
1.
T.
preferred
Water
12-16
Central
Illinois
12-16
Central
Illinois
&
1-
Central
3
12-17*
1-
3
12-17*
1-
3
&
6%
12-10*
Central
Power, 3.40%
Central Ohio Light & Power,
1-
1
12-15
Central
2-
1
1-14
Central
40c
1-20
12-31
Central
$1.75
1-15
12-31
6%
$1.50
1-15
12-31
6%
1-15
12-31
62VaC
2-15
1-31
62 VaC
2-15
50C
Burlington Ry.
5Va%
(s-a)
'
Class
•(-"
B
(quar.)
Extra
Bread,
Canada
Crushed
'
Extra
j-
Canada
Flooring,
Canada
Foundries
preferred
Class
B
Ltd.,
&
12-
class
(initial)
B
Forgings,
3
12-
1-2
12-
8*
1-
2
12-
8*
tl5c
1-
3
12-17
2-
1
-
___
—
(extra)
15c
1-
Canada
Life
1-15
Canada
Canada
Sitamship
5%
non-cunt,
Canada
Lines,
preferred
1-
Varnish
Breweries,
Canadian
Eronze
New
.
,,
60c
1st
,
$1
.
-
12-28
'
1-
1
(quar.)
2-
1
3
12-
8
12-
8
Common
1-
3'
12-
8
Chiids
1-
3
12-
8
3
12-
8
12-31
12-
8
12-31
12-
8
$25c
12-31
12-
$15c
...
1-
1-31
3
>
$15c
, •
1-
12-
3
1-15
Canadian
General
Canadian
General
Canadian
General Securities, Ltd.—
•,
Class
•.
Class
Ice
Canadian
Industries,
7%-*
preferred
Canadian
5%
1
OiF
(quar.)
;
Cos.,
preferred
(quar.)
8%
Clearfied
12-15
Cleveland Builders Supply
1-1-49
12-15
Cleveland-.Electrfcylhuminating
1-31
$$1.75
1-15
12-23
1-
12-10
.
(quar.),
r
.
$$1.25
4%• non-cum.,preferred '(s-a)_
-
4V2%
1st.
preferred
;
Vickers, Ltd., $7
Canadian
Western
Lumber,
,
(accum.)___
pld.
$$1.75
2-
1
1-10
$10c
1-15
12-15
4-15
3-15
Cochenour
Ltd.
(quar.)
_
___
$1.50
class -A
Mills.
(quar.)
Class
B
^
•
A
B
1
•
year-end)
V
of
$3
its
/— __;
requirements
at
1
Cardy
65c
Consolidated
Corp.,
Qarey (Philip.) Mfg. Co.
common .(quar.)—
5%
preferred, .Cquar,)___.—
Company. 3%% 1st pfd. (quar.»_
Carolina, Clinchficld & Ohio Ry. Co. (quar.)
Carnation
Carolina
y-
$5
Power-&
preferred
Carter
(J.
.
Light,
Mills,
preferred
A
(quar.)
preferred
B
(quar.)_
,
7%
I.)
Castle
(A.
Celanese
$4.75
,»
7%
Companv,
preferred
Cassidy's,
Ltd.,
M.)
12-23
12-20
12-30
12-16
$1.25
12-30
12-16
93 %c
1-
12-15
1-20
$1.25
2
1-10
50c
2-
y;
1
1-10
1-
3
12-15
1-
3
12-20
&
Co.
preferred
1-
3
12-14
1-
3
12-14
__
____.
common
preferred
(year-end)_
58%c
80c
1-
2
12-22
(special)-
(quar.)
1-2
12-12
$1.75
(quar,).
1-
2
12-11
$$1.75
1-
3
$1.75
60c
12-29
12-31
1
00
,
8%
3.60%
(N.
;
1
12-17
1,
12-17
1-
3
12-23
1-
1
12-21
15c
12-31
12-21
70c
1-10
12-27
1-15
12-10
1-15
12-10
12-24
1-
1
12-16
$1.50
1-
1
12-18
1-
3
12-20:
1-
3
$1.70
arrears)
Inc.
«25c
25c
—*
1-
30c
1-15
1- .3
30c
12-31
12-17
$2
3-31
3-15
:
—'
-
(quar.)_
$2
—i
•
Sugar,
preferred
common
(irreg.)
12-17
12-31
12-17
12-31
12-17
40c
w.
50c
1-
3
12-17
$1.75
1-
3
12-17
$1.75
4-
1
V $1.75
7-
1
6-17
9-30
9-16
(quar.)
Atlantic
Sugar
preferred
preferred
'
-w
$1.75
(quar.)
com.
50c
—
(quar.)__
Packing
Co.,
1-
$1.25
(quar.)
(quar.)
(quar.)
1j,i2
12-17
1
3-17
12-31
12-10
$1.50
•
12-31
12-10
•
-w
(quar.)_
I—1
Cumberland Gas Corp.___
Curlee Clothing Co., 4>/a%
!
-w'
pfd.____
12-17
$1.50
.w
--.
common
3-18
3
4-
$1.25
Cuban Telephone
Co., common
6% preferred (quar.
preferred
*
___■
(quar.)
Curtis
12-17
12-17
12-31
-w'
preferred
4V2%
12-31
12-31
30c
—
(quar.)
Cudahy
12-13
40c
.)
(quar.)
common
3
30c
_____________
Securities,
preferred
5%
12-15
40c
(quar.)
7%
5%
12-31
12-31
Inc.—
(quar.)
Cuban
12-20'
1-17
31c
(year-end)
(quar.)__
15c
1-15
$1.12 Va
Lighting, Inc
1-
25c
.W
3
12-17
2
12-17
12-27
Publishing Co., $4 prior pfd. (quar.)
75c
.)
$7
preferred
(accum.)
_1
■» $12.25
Dan River Mills, 4Va% preferred
(quar.)___ ' $1.12%
Davega Stores Corp. of N. Y.,"common (s-a)'
50c
.)''
12-15
12-27
12-15
1-1-49
25c
;
3
1-
12-28
$1.12 Va
'
-w
1-
1-15
25c
■
Curtis
12-10
1
■
;
5%
preferred (quar.)
Davenport Hosiery Mills,
David
&
1-1-49
$25c
3'
12-18
3
12-18
1•
12-18
1-
$1.75
(year-end)
12-15
3
1-
25c
Inc.
3
1-
$1
■w'
12-10
1-
w
Frere, Ltd., class A (quar.)
t5c
1-15
12-31
1-15
12-31
&
Trust
Life
90c
12-31
12-
12-31
12-
7
50c
1-
3
12-22
$1.50
Co
3
12-21
12-31
12-15
Long
De
Pinna
6%
Hook
5%
&
1-
3
12-10
Eye
preferred
pfd.
(quar.)__
$1.37 Va
1-
3
12-11
$1.50
1-
3
12-11
$1.75
1-
3
12-11
Inc.
1-3
1-3
$5
$12.50
Insurance
12-30
12-30
Co.—•
50c
1-
3
12-20
2
12-
1-
3
5%
1-
3
12-20
3
10c
4-
1
3-20
t$l
1-3-49
1-30
&
Edison
Detroit
Hillsdale
Detroit
Devoe
preferred
(annual)-
-
dividend)
pfd.
12-24
12-30
12-24
12-24
5c
15c
(quar.)_
_
.3%
(quar.)—
1-
3
12-21
12-28
1-
12-14
4
1-
1
1-
12-16
1
12-
3
12-
3
$1
12-31
12-10
92VaC
(s-a)
12-31
12-10
$1
;
quar.)
Di
5c
preferred
Canada
Tunnel
Co.
(quar.)_
1-
3
1-
2
•
12-15
1-
2
12-20
75c
1-
5
12-16
1-15
12-24
1-
5
12-20
12-27
12-17
(irreg.)
(quar.)
South
&
Western
;
RR.
'
International Bridge
Raynclds, class A
3.
Co.
$2
___
(s-a)
40c
(quar.)__.
50c
1-
3
25c
1-
3
$1.50
1-
2
12-16
25c
12-29
12-13
25c
12-29
B
.7
Giorgio
Diamond
T
Fruit
Corp.,
Motor
$3
Car
preferred
(s-a)_
_
(quar.)
Extra
Disher Steel Construction
Disney
12-20
12 Vac
30c
Corp.
&
conv.
(Walt)
class
A
11-27
12-13
Co., Ltd.—
pref.
Production
11-27
(accum.)__
(see
Walt
$3.37 Va
1-
3
12-17
Disney
Productions)
Disston
(Henry)
Distillers
Dixie
&
Sons,
Inc
75c
1
CO
12-15
Co.. Ltd.—
American
District
Diversified Standard Securities,
2
12 Vac
(quar.)
-
convertible
12-20
10c
(quar.')_„:
12-20
1-
15q
(quar.)_—___:
1-3
SI
2
$$2.50
(cash
(reduced
Detroit
$1.50
30c
(year-end)__
11-
45c
-
(quar.)
Co.
12-17
5c
15C
.
Denman Tire & Rubber—
Class
(quar.)
12-15
12-27
Canada
dividend
Delaware RR. Co.
12-16
2
.w
of
Delaware Power & Light, 4%
,,3.70%
preferred
(quar.)
Co.—
Co.
-W
(s-a)
Inc.
1
1-
50C
Corp.
Manufacturing
Stock
12-16
1-
Co.
Securities
Dejay Stores,
12-29
$1
.w
common
Records.
Decker
12-10
25c
(quar.)__
(quar.)
Phipps Stores (year-end)
&
12-10
12-31
$1.25
Co.,
Debenture
12-27
common,.
pfd.
preferred
Dean
12-15
$2
37 VaC
(quar.)
preferred
De
12-31
—
Corp.
Semi-annual
__-T
non-cum.
Coke
Detroit
Co.
quarterly
Light & Power
Inc., common.
&
Chemical
Dayton Michigan RR., 8%
7
90c
,
_L
_____—
Coal
Common
Bank
preferred (quar.)_
Connecticut Fire Insurance
$2.50
•
flOc
$7
Consolidated
12-20
t$1.25
Commonwealth Water & Light
$6
preferred (quar.)__
preferred
1-2-49
25c
common,
7%
12-20
12-31
3
J12V2C
(quar.)
General
12-16
Corp..
preferred
Decca
,
common
preferred
(accum,)_
Commonwealth Water; 5J/a%
preferred
12 20
1-10
D. C.)—
quar.)
National
Special
1
1-
$1
(year-end
(Wash.,
$6
Increased
all
Co.,
7%
12-20
1-
$1.50
(quar.)
Commonwealth & Southern—
Ltd.,
12-14
5c
Assn.
Y.)
Connohio,
12-14
Co.—
^increased
Connecticut
12-24
12-10
Corp.—
Dayton Malleable Iron Co.,
12-31
12-29
(quar.)
preferred
,
$1
40c
25c
''
B
Davison
$1.50
Alcohols,,-&td/j/common
Commercial
12-17
1-
6-1-49
683/4c
—
preierred (quar,)—
Common
1-18
12-20
$1.50
(quar.)"
American
5 %
—
Credit
12-22
common
Forster
12-31
$1.25
Southern--Ohio -Electric
Commercial
40c
1-
1-10
3-1-49
20c
&
Commercial
40c
H 00 cT ■v*
12-3
87 V2C
Combined Enterprises, Ltd.,
5%
preferred
(quar.)
12-20
$1.75
12-15
12-29
20c
pfd.- (quar.)——
Connecticut
CM
12-27
3
12-15
(quar.)
Extra
62VaC
(s-a)—_
Extra-
.-
Extra
(quar.)__
7%
$1.50
60c
;
Corp. of America, common.......
1st preferred
(quar;)
2nd
12-15
Inc.
.Cascades Plywood Corp.
3 Va 'b
preferred (quar.)
(J.
1
1-10
40c
10c
6V0
Case
*'■:
$1.25
6%
<■
1-
$35c
■
common-—
(quae.)
W.L Company
Carthage
$2.75
Insurance
"
(irreg.)
12-20
12-11
f4c
(quar.)
Title
12-30
25c
Ltd., class A
1-3
12-15
Ltd
.
(quar.)_
12-20
12-31
20c
Co., common
preferred B (quar.)
Breweries
12-17
„
Seal
preferred
Davis
Packers
12-24
>-*
3
12-27
__4
(Boston)
Co.,
12-18
1-
—
Semi-annual
75c
1-
25c
quarterly basis)
a
River
time
12-16
$1.25
Colonial Ice
Columbus
Inc. •
$2.60 convv preferred
Carbons
Radio
12-31
$3.50
$50c
12-20
12-27
K3
—
preferred... (quar.)
Loan
12-18
(quar.)l_
:
Extra
preferred
Columbia
Capitol Records,
:
Collins
.: "
(quar.)
A
5%.
12-18
$25c
Co.—
Columbia
are
subject to the
sufficient assets to
3
62V2C
Mines.
12-20
12-27
13 3/10c
'
payment.
preferred
12-13
1-
1-15
$1.75
—
Columbia
91c
charter
$3.50
12-13
12-17
12-10
$1
Gold
Co.,
Plow
Collateral
6
12-31
12-27
Colgate-Palmolive-Peet
12-13
12-13
'
Ltd.—
Co.,
—
above payments
-corporation having
meet
1-
12-10
Foil
Common^fnow on
Common", (quar.)
,
$6
(year-end)
Class
6
12-29
$2
"Class
12-15
3
1-
12-29
75c
—
Administration
The
•
1-
$2
—_
.
Year-end
1-
1
12-10
(Cincinnati)—
_
Wilans
Cockshutt
75C
!——_——
.
-
Capital
6-15
9-15
$37Vae
commcn_r._—
Year-end.
.
7-15
1-15
-7
1-1-49
20c
.(quar.),_______
Extra
Cochran
$50c
_,
Canadian
Westinghouse Co., Ltd. (quar.)
Canadian Wirebound Boxes, Ltd.—
A
$10c
.
Qu a r te rly
Class
$10c
Quarterly,
12-20
$1.75
(quar:)_—
Bottling
3
Quarterly
t
Coca-Cola
1-
&
7%
'
12-21
3
$1
4
12-31
12-31
87 Vac
(quar.)
Special
12-17
3
1-
12V2c
(quar.)
12-20
12 Vac
87 Vac
Co.—
International
Forster,
&
Class
12-15
1-
.____
.(quar.)i;rii"/:;_.
preferredv A
$37 Vac
1
12-28
50c
(quar.)__
12-15
1-15
—
preferred
preferred
Cuban
12-15
Counties' Gas & Electric—
(quar.)—
12-
1
Co.—
Co.
12-28
25c
Special
12-24
$1.50
preferred -(quar.l
4%
1-13
1-15
1-
$1.12V2
Yards
preferred
4
12-30
6%c
.
7%
12-31
'.
Coast
$1.12 Va
A
Stock
1-
50c
Corp."-4quar.)
(monthly)
Clinton Water'Works,-7 %f pfd.
Cluett Peabody 8» Co/-4 •
$4.50
(quar.)
1st
Zellerbach
Crum
2-10
Co
Coal
Industries
$10c
Canadix.n
Cannon
I
2-15-49
.Mahoning' 'rty.VCs-a)
Union
Clinchfield
12-10
2-
Cleveland
"12-10
2
$3.50
12-14
12-14
(year-end)
payment clears
A
&
8%
12-27
$1.75
1-
t25c
Year-end
Crum
12-24
10c
preferred/ (quarJ
Clinton
^.,,7:..
(quar.)
Canadian Silk Products. $1.50 ol.
•
2
1-
\
&
4%
——
(Payable in pound sterling)
Canadian Refractories,, Ltd.—
'
1-
2%..
preferred
(quar.)
Canadian Pacific Ry. Co.—
t
2
$4.50
*
3
t$l
__________________
4%
t
$$2
1-
1
3
_
Co.
Western Investments,
12-15
1-
Lambert-Mfg.L,(ypar-end)
12-15
:
12-31
12-14
12-28
3
•
Corp.__
America, Inc.
Cork
12-11
1-
(quar.)
75c
$1.S1V4
Crown
12-17
3
12-31
12-20
5
(accuip.)
(This
Class
8%
3
1-
1-15
12-28
10c
WW
1-
12-31
Corp.
Crown
8-15
$1.37Va
(quar.)
$22VaC
__
pfd.
comvei'tiWe.. wqfgrrsd.
&
1
50c.
$20c
(quar.)
(year-end),
_1—,1——
Ltd.,
5 V2 %
,
9»
$1.13
L.:) ^ompanyji4t,_L
3
class A
common
$1.25
12-15
$10c
Blackwell
A
5-15
62V2p
Multiplfer "Corp,,^cWmon
Clary
12-15
12-31
1
2
2
50c
Milner, $3 prior pfd. (s-a)_____
Class
2-15
6-
of
Cork
Crown
—_____
(quar.)
&
Crown
12-15
1
$1.75
l- 3
$$1.50
$$1.50
Machine, Ltd.,
1
1-15
J
Wheat
partic.
Crowley,
1-17
i«
12-
1-
75c
_—,___
12-18
12-18
1-15
50c
(quar.)_
Y.)
3
3
1-
$1.13
Ltd.
preferred
$1
Washington Pa.-^-
1-
1,
(year-end)
Canadian
»
of
6%
Crosse
12-20
3-
11-
12-31
50c
Crompton & Knowles Loom Works
12-20
2-15
■ -
L.),
Shipbuilding
12-11
lr 3
35c
;(quar.)
Investing^Co.,J_S.Va.^.^fd.
Clayton
A .(year-end)
B
1-
12-31
/.'I ■ ,3...
s
(N.
12-14
12-31
40c
?
(quar.)
of
8
$1.75
City of Paris Dry .Goods-CQ.^^common (s-a)_
7%
1st preferred (jquar.)Jif>4
+S2
8
9-
(R.
Creameries
8
6-
10-14-49
$1.12Va
City lcev"&r.i^eLiCoi;,(quar;l^i._
$20c
3-
7-15-49
12-10*
12-15*
$1.25
(year^end)
Electric
preferred A
Cramp
8
$1.25
City
•
4-15-49
Co.
Corp.
Cream
12-10
12-
Steel
12-10*
1
3
Co., Ltd., common—
preference (s-a)
Crain
12-10
$1
11-30
(D;
12-31
1-14-49
■
12-27
1-
Bit
6%
12-10
$1.37 V2
,
Craig
Pacific
11-30
Clark
12-30
12-10*
1-
—
Co. (year-end)
Reynolds Corp.
dividend preferred
(quar,)_____
$1
12-14
12-30
12-27
25c
Phosphate
12-14
3
$1.25
Texas
11-30
2
1-
2-21
12-15
&
12-14
12-28
12-15
12-31
933/4c
-
Insurance
Corroon
12-10
12-28
12-10
1
3-
$1.37Va
(quar.)
Coronet
12-10
12-31
25c
1
12-
12-31
25c
:
c__
1
3
12-17
25c
(quar.)__—.
1
1-
12-28
5
$1.25
(quar.)
i._
1-
Ltd.-^-
1-
12-10
25c
(quar.)
common
Corning Glass Works, common
3V2% preferred 1945 series (quar.)
3Va% preferred 1947 series (quai\)___—_
12-17
25c
Water. Co,
-preferred
1-10
12-28
•
30c
(quar.)
__——
$5.25
12-21
75c
—
7%
12-31
Co.
(quar.)___
Cornell-Dubilier
12-30
75c
;
CincinnatiSubarbarr.Bail tTelephone Co.—
Quarterly t
h-'i.
7
1-13
12-29
75c
I-
,
7
RR., 'ccm.__
(quaiv)^_i^_-I,__
12-27
20c
7
1-
50c
1-
Electric. Ltd. (quar.)—,
Investment, Lfd.^.
12-
1
$2
$25c
$75c
3
$2.50
$183/4C
J
1-
2-
—;
$$1.12 Va
-(quar.)
Corp.,
75c
87V2C
-
preferred
1-3-49
Cooper-Bessemer Corp., common (quar.)
$3
prior preferred
(quar.)
Copeland Refrigeration (quar,)_„____—
Coplay Cement Mfg. Co., 6% pfd. (accum.)_ 1
12-23
$2
5% :,prefewed
Citizens
$$1.50
3
common—
'iquax>>_____
1-3-49
$1
Co.,
common——*
preferred (quar.)
Continental
12-21
1-
preferred:(quar
5%
7-15
12-28
75c
12-27
12-15
3
$1.13
_
Gin
Continental
12-15
preferred - tr|uarf)-____—
5%
1-15
7-30
$70c
_______
-
3
—
Cincinnati^ rNew-Orleans «Si
.
Ltd.—
preferred
(quar.)
Canadian- Foreign Investment
Quarterly, —,
45c
1-
1-10
1-
$1.50
—
(extra)
increased
preferred
12-20
33V2C
Company,?$&;p0_ preferred (quar.)___
Papeiy.-444% pfd. (quar.)
4%
7
—_____
A
Common
12-15
12T-U
50c
Continental
12-28
30c
Securities^; 7% ' preferred (quar.)
Cincinnati_Gas»&;«fiiectric Co., common—
8
12-
$30c
u increased
quar.)
Fairbanks-Morse Co., Ltd.—
6%
preferred
(quar.)
Canadian Food Products, Ltd., common.,—
Class
2
$5c
Christiana
$433/4C
,
.
AVs%
1-
12-17
3
20c
—
preferred
4 V2 %
3
$1.12 Vb
conn
Baking,
5%
1-
1-
t$2
Continental Can Co.. $3.75 preferred (quar.)
Continental Copper & Steel Industries (quar.)
Continental Foundry & Machine—•
12-20
3
(quar.)
Chiliicothe
1-
.Canadian
t
2
$1
A
30c
(reduced)-,
1——
(quar.)
preferred
$5.50
12-10
12-30
50c
—
(quar.)
common
of
Assurance
12-15
1-
Commons (quar.)
3
•
Cottons,
1-
•
/
$4
Oil, common
1-
$$1.75
(year-end)
Common
2
1-10
;
(quar.)__
lr
$5c
Regular.
1-
.
31 V4c
(quar.)_
Pacific
4
4
12-15
1
1-
}16'Ac
(quar.)
(quar.)
(quar.)
America,
Corp.
Continental
Ry.—
Tool,
Co.
Continental
12-11
25c
textrai
:
preferred
4%
1212-
Co.—
preferred
$4.52
12-11
1
$30c
A—
series
Cotton
Common
$ioc
preferred .(quar.),,
Collieries (Dunsmuir), Ltd
Canadian
preferred
Chickasha
•
$25c
prelerKOd.,( quar.
1
1-
$1.12V2
—
5%
1-10
$31V4C
i-*. $15c
u
(year-end)_
preferred' (quar.)
Chicago.:Back Island &
"„'.v Special
1-10
(quv.r.)
iquar.),,^
$4.50
1-17
1-17
(Toronto)
Co.
12-20
1-15
$50c
$75c
(s-a)
53c
Stores,
Power
.
$'$4.50
Ltd.
(quar.)
Textile
Gas
Container
12-17
1-
35c
Western
preierred-series
*
1-10
2-'l
2-, 1
-
preierred
1-1-49
10c
(quar.)
$3
11-30
1
North
Chicago
Pneumatic
'.
Extra
12-20
1-
&
-.'Common
5%
Go.
Retail
Consolidated
8
56V4c
——
Chicago
3
$25c
preferred -(quar.)
com.
$1.12 Va
(quar.)__
25c
Lumber .Go."
+$1.50
Paper Corp.,
preferred
Consumers
12-20
(quar.)
Canal
&
Extra
-
12-15
12-
$$1.25
6-Z< non-cqm.
V
1
1-3-49
$25c
——
common
convertible
preferred
Canadian-
;
3
$aOc
4.———i,f
_
.'Participating.
Canadian Celanese/'Ltd.,
$1.75
12-15
1-
$20c
-
:
12-20
3
2-
$31 ViC
(quar.)
«
quar.),
(quar.)
Canners, Ltd.,
Participating
6%
';
1-25
1-
$$2'
_
Ltd.• (quar.)
x.—^,-,4
_
non-cum.
Mill
$$1.50
'
."
Dock .&
Chicago
$$1.25 /
preferred
Canadian
Chicago
12-15
Co.—
(initial
common
Year-end
.
5%
12-31
$15c
'
•
_____
Co.,-Ltd.,
Bakeries, Ltd. (initial)
Canadian
12-28
_■
3
of
Co.
—,—
4'/4%
12-15
—
12-28
$$5
-
uquar.)
5% pfd.
12-
(quar.)
Year-end
Ltd.—
Canadian
.
B
$25c
Ltd
Power, Ltd.___^._o/L__.i.iPermanent Mortgage, •'Utd.4,iiLU4--i
Southern Ry.
(s-a 1 ^—
1
3
3Va%'convertible preferred (quar.)
Chesterville Mines,
Chicago Burlington & Quincy RR.—
12-15
Northern
Canada
preferred
Smelting
&
Canada Ltd. (s-a)—
Consolidated
12-18
1-
__
12-15
1-15
Assurance •■(qupr..)l„—^v^-rV4-'-:
Machinery,
canaaa
preferred
Mining
Consolidated Press, Ltd., class A
Consolidated Rendering
12-15
12-31
1-
Chemical Fund, Inc.
(year-end)
Chesapeake Corp. erf- Virginia
(year-end)
Chesapeake -& Ohior .Ry.,>, vommon (quar.),—
7
146 c
_
Canada
convertible
■■
Consolidated
'
$1.06 v41
Ltd.—
.(quar,)—-—-
12-31
55c
Gai Wines; -Ltd.----Chefford.Master -Mfg. 5% preferred
Chemical Balnk & Trust Co. (N.
Y.)
1
1-
$10c
—
$$1.50
!
5%
12-20
^
Products
Chateau
9
11-30
1-15
3
$2
_
12-15
3
11-30
12-30
12-15
$1.03
Champion,.P^per & Fiber, $4v50 pfd. (quar.)
Chase Candy Co., 5%
preferred A (quar.)
12-15
12-27
1-
4V2%
12-15
$1.75
-
Dry Ginger Ale, common———:
preferred (quar.),4——
$4.25
12-15
12-27
$$1.12V2
(quar.)_
12-15
12-27
25c
1st pfd.
12-15
1
Ltd.
—v——
-Canada
7%
4V2%
Stone,
3
12-30
|20c
——
Extra
(quar.)„
Utility Co. (year-end)
West
t50c
Trust
Extra
Public Service—
preferred
Central
1-
12-15
12-13
12-15
12-31
12-31
$1.25
,12-10
12-20
1-15-
(quar.)
12-27
Consumers
12-31
37V?c
62V2c
(quar.)
4 V2 %
prior preferred
(quar.)
Ohadbourn Hosiery Mills,^common
1-
15c
:
_______
Ltd.,
pfd.
Certain-teed
1-
15c
„,
———5
Canada
•
$2.50
12-15
$5
2
43%c
(accum.)
(accum.),
Co.,
12-13
12-27
34 %C
(quar.)
(quar.)_
25c
■
4.15%
1-31
12-27
75c
;
pfd.
.common
Central Vermont
12-10
3
C
Telephone
12-31
Trust
Investment
Consolidated
2-10
1-
37V2C
A
Century Shares Trust——
10c
conv.
Co.,
1-
preferred
12-15
12-10
25c
12-13
12-10
1
12-31
15c
7% pfd.
(accum.)
1
1-15
15c
l.
Co._
B
1-
85c
40c
u«.r.)—
12-15
3
12-31
$1
12-27
12-10
3-
$1.50
(quar.)__.
1
3
1-
15c
—
Liquidating Corp. (liquidating)
Consolidated Lithograph Mfg., Ltd. (quar.)_
12-10
1-
12-15
1-
$1.12 Va
—
3
12-27
12-31
12-31
1-
90C
35c
12-17
1-15
30c
Paper Co
Republic
12-31
$1.18
v'
.
35c
12-17
—________
States Electric,
Central
—
iquar.)___
preferred
$1.17 Va
——
12-20
3
(quar.)
com.
75c
1
1-
1-7
Power
common
Corp.,
Investment
12-20
1-
12-24
3
2-1
(quar.)
Extra
pfd.
12-15
27c
1
87V2C
12-17*-
Y.
1-
1-
(Boston)__—
12-20
•
&
(quar.)__—
Consolidated
12-17
1
$1.02Va
common—
1
N.
3
25 c
preferred (quar.)—
Consolidated
12-15
1-
1-
$1.12V2
(quar.)
2
5%
Grocers
Consolidated
12-20
<
12-28
$1.02Va
(quar.)-,
pfd.
1-
preierred
1
$1
43/4%
Power,
preferred
12-20
1-
Light
common
Utilities
Gas
Consolidated
12-20
1
Electric
Gas,
Baltimore,
Consolidated
12-20
1
$1
(quar.)_;
Power,
1
1-
1-
32VaC
—
1-
——„
Forge Co.,
(quar.)i
62c
—
Manuiacturing
3.50%
B
1-
of
4Va% preferred B (quar.)_
4%
preferred C (quar.)
12-20
_
—
75c
Common-,.-——
1
(quar.)
(quar.)
—
;
'.
Camden
preferred
(quar.)
com,
(quar.)
pfd.
1-
Co.
12-18
30c
Consolidated
12-18
50c
Co.
Gas,
quar.)_
_
(quar.)
Camden
4%
Trust
&
Light, i*/a% pld.
Public Service—
Maine
10c
12-31
12-31
(quar.)
&
31V4C
Service
_
3
31 Vic
(initial quar.)_
(quar.) —„
Hecla Consolidated Copper Co.—
'Resumed
Camp
1-3
1-
ivansas
$2.50
(quar.).
preferred
31V4C
28VsC
Central
Packing, common (quar.j_
preferred
(quar.) ——.
5%
4.10%
■
12-16
37Vac
Process
Bank
preferred A
12-17*
California
Calumet
4.10%
12-15
(increased
Corp.
12-20
1
12-31
Payable of Rec.
$1.25
(quar.)—1
$5 preferred
51
Holders
When
Share
Company
Consolidated Dry Goods. Co. (quar.)_
Consolidated Edison Co. of N. Y.—
1-12
1-15
12-27'
30c
Elsctric
3
(quar.)
preferred? (quar.)
California
1-
Franklin
3
preferred
$4.70
Illinois
1-
Oregon Power Co.,
preferred (quar.)
6%
Hanover
Central
1-
California
>7%
Central
_
Electric Power,
preferred
$3
Central
12-10
20c
(quar.)
Financial
12-17*
12-10
3
$1.75
_
California
3
3
1-
_+.
preferred
B
11-
(quar.)—
common
series
preferred
■■■
,
_______
(quar.).—,
7%. pfd.
(accum.)
Extra
5%
(quar.)
preferred
H.). Co.,
5% Initial
•
—
!
-
1-31
$1.50
(quar.).
t25c
,
7
30c
$1.50
;
1-
1-12
30c
U5C
(quar.)
______
•
59%c
non-voting
preferred
Per
Name of
7
62 V2 c
(quar.)
MinltlailfiFMpodtKstsl^iTTCOin- voting,—-
50c
Burlington Steel Co., Ltd.
1-31
1-31
$20c
Extra
6%
1-
37Vac
_____
preferredPibre
Common
50C
(quar.)_
25c
Extra
12-17
12-28
$4.50
Holders
1-31
$30c
(annual)
________
(2727)
Payable 0/ Re c.
50c
Central-Aguirre^Sugbr'Vt'rednced)
Central. Ooal;.&'vCoke'^
$2.50
—
Share
.
(quar.)
Central
12-20
1-
90c
_
•
Ooxp,;, common
preferred'4fluar.)
Knitting Co., Ltd.
Celtic
50e
(quar.)__
Co.,
5%
12-28
1-15
25c
____
_
Building Products, Ltd.
Buikley Building, 7%
preferred—
Buliard Company
Bulova
12-28
1-15
Name of Company
v..
Celotex
15c
(year-end)
pifcxerred
1-15
2V2C
Corp,_
Electric Corp.—
Niagara
3.60%"
2VaC
(qilar.)
National
Buffalo
12-28
3 Vac
i.
Co.
1-15
When
Per
1.
Payable ot Nec.
10c
(quar.),J.
_
iquar.)
preferred
Bufxalo
A
____
.
B
Buffalo
class
__________
Extra
Class
Share
...
Infc.,
CHRONICLE
FINANCIAL
..Holders
When
Per
Name b/ Company
Budget Finance Plan,
&
deposit
Theatres
rets,
Corp.
Cup Co., class A
ordinary
7Va%
3-
3
12-22
10c
(interim)
1-
3
12-15
VaC
1-
3
12-10
(reduced)
(quar.)
^___
62
...J
52
THE
(2728)
COMMERCIAL
CHRONICLE
FINANCIAL
&
Monday, December 27, 1948
*
L
(quar.)
Corp...
Doehler-Jarvis
—
——
.
»»»o
pfd.
Corp.. 5%
Fields Co.—
Credit
Domestic
Dominguez Oil
(quar.)
J-.f
of
Pennsylvania
Corp.,
Class
preferred
(s-a)
1
National Bank
First
1-31
1-17
First
2-28
2-17
First
25c
3-31
3-17
Fittings, Ltd., class A
1-12
1.-15
1-15
12-15
12-JJ
12-31.
I""!!—I
Dominion
Col'"co"Ti±~6Vo
Dominion
Dairies, Ltd.,
$75c
$12%c
_
,$44c
pfd. (accum.)
common..(quar.)—-
_
'
non-cumulative preferred (quar.)-*—
Dominion Fire Insurance Co. (s-a)—-y
Dominion Foundry & Steel,. Ltd. (quar.)—__
Dominion Glass Co.. Ltd.,-common .(quar.)_
5%
7^"preferred
(quar.)
(quar.)
Common
.
Common
Hon
& Lomason Co.Chemical Co., common
3
-12-17
3
Goulds
Dow
&
12-
6
preferred A (quar.)—-—
2nd preferred (quar.)
——
Co., 7% preferred (quar.)„,—a.
$4
$3.25
Drug
Dow
Draper Corp.—
Foster
6%
i--io
12-15
?"?![,
? I
——
Dryden Paper Co., Ltd. (increased quar.)..
Duke Power Co., common
(year-end) — .—
$30c
l-io
■
Extra
12-27
i- 3
iz-io
25c
1- 2
12-10
Electric Corp.-,Bradstreet,' 4% % preferred (quar.)-.
Metals & Supply (extra)-——
Dunhill International.
Inc.. (quar.)—-———'
$1.12%
25c
25c
5%
(quar.)
conv
10vC
Dumont
&
Dun
Duncommun
Goods, Ltd.—
Dunlop Tire & Rubber
1st preference
(s-a)
Pont
<iu
7
.
preferred
(no
coin
„■
preferred A
$7
Kodak Co.,
Stock dividend
Gary
—
-
6%
1- 3
1-22
12- 6
12-24
General
prior preferred (s-a)
Ecuadorian Corp., Ltd. (quar.)—
——
Monthly
——
1-^-77-
$7 preferred (accum.) —
I Electric Storage Battery Co.
Quarterly
Special
-
75c
(year-end)—-
Watch
5%
►
Electric
Emerson
preferred
7;%
Co.,
Mfg.
(quar.)
.
common
—
Co.—
—1
—.7'
Emsco Derrick & Equipment—
(
4%
convertible preferred (quar.)—.
Enamel & Heating Products, Ltd,——— 7
Y.) (quar
class A Jyear-end)
Empire Trust Co.
Class
(N.
Credit,
Employees
(year-end)
B
Johnson
Endicott
.
.
.
common
Equitable Credit
Participating
Class
Fashion
Craft,
Fashion
Frocks,
Faultless
Federal
5%
Inc.
(quar.)
Co.
(irreg.)
Rubber
Bake
Extra
Federal
Ltd.,
(year-end)
pfd. (quar.)
Shops,
Inc.
_._i_
——
—
(quar.)
Fehr
Bank & Trust Co.
(Frank)
Brewing Co.,
Extra
Feltman
5%
Curme
preferred
6%-pfd.- (s-a)__-
(quar.)—
Fidelity-Phoenix Fire Insurance Co.
.
Year-end
Field
(Marshall)
:«
-
—
(see
1- 3
1- 3
'
' '
-
;
-
12-30
• 1.- 1\
,
12-27
12-17
$25c
9-
1
12-31
12-13
$25c
12-
1
1-
2
12-
12-
1
1-
2
12-
Hahn
1
2
„
1
Brass
Extra
Co., Ltd.,
Hall
Mfg.
Ltd.,
Corp.,
class
M.)
1- 3
1-
1- 3
Hamilton
Gas
Corp.
Hamilton
Mfg.
Co.
Fire
Increased
1- 3
12-28
1- 3
-
preferred
Hart
12-22
$1.25
;1-
1
2- 1
Fire
Extra
Corp.
Class
of
12-10
12-23
12-17
-
&
Rubber Co.—
;
■
•
75c
preferred
Co.
&
Distilleries,
Falls
$1.25
50c
$1.50
40c
(quar.)
McBean
Gler.more
(quar.),
6%
Insurance
preferred
Co.
(N.
Y.)
(s-aI
__
(quar.J
40c
Extra
Glidden
Company—
(cash dividend)
Stock
4%%
40c
(increased quar.)
2%
dividend
Class
convertible
A
$4.50
$2.50
Golden
4%.
Bros.,
(quar.)
Inc.,
(quar.)
common
preferred-(quar.)
Manitou
State
Co.,
preferred
Goodrich
(B.
Mines,
F.)
Ltd.,
12-29
1- 3
12-27
1-25
1-5
12-16
2- 1
1-20
12-31
1- 3 '
1-3
1- 5
12-23
12-10
1-
3
12-10
r__-_~_____
Ltd.—
common
(quar.)__y_——
4%
5%%
12-31
1-15
'
"
,
"
Extra
".
$5
■
preferred
Comoany, common
___;
(quar.)
12-24
50c
1- 3
12-14
1- 312-14
50c
pfd.
non-cum.
(quar.)
Corp.
J.)
25c
(quar.)
7%
1- 3
1- 3
12-10
12-10
$5c
1- 3
12-31
12-31
12-10
$1.25
1- 3
12-17
$25
new
$1.37%
40c
433Ac
$26c
5c
com.
(initial)
___
(quan)___._
par
Products,
Products
Rug
Co.,
Highway Safety
Ltd.
(reduced)'___
Corp.
'
- -;
_
r 12-31
1-28-49
1-15
62VsC
1- 3.
& Dauch
Dauch
Paper
.
30c
•*
Quarterly
H.)
Home
Insurance
Home
Title
Ltd.
Co.
com.
(N.
Y.)
Guaranty Co.
Products
preferred
Hardj rt
Baking
(N.
fquar.)._
(quar.)
J.)
Co, (year-end)
(Frank W.)t Ltd., class A (quar.)__
Hotel Gibson Corp., 6%
pfd. (quar.)
conv.
Houston
5%
preferred
Oil
Houston
Oil
5%
5%%
Co.
preferred
L-. 3
12-31
12-30
12-20
$1.06'A
82%c
$1.12%
$2
50c
$12'/2C
$1.50
12-28
12-28
12-30
1-3
12-27
1- 3
1- 1
12- 2
common
SO'Ac
50c
933Ac
1- 3
1-15
1-15
12-28
' 62%c
SI
12-28
12-17
12-31*
12-31*
12-10
12-10
12-28
12-10
(quar.)_
(quar.) _______!
common———
_'___
Material,
(quar.)
(quar.)
Motors-^;
;_
___:
(Texas)__
preferred
Electric
2- 1
25c
(quar.)
Corp.,
(quar.)___-
Field
12-11
12-17
2-18
1-
12-23
12-'2
12-20
12-21
12-15
12-1
12-2.0
Corp.
Natural Gas,
preferred
Houston
Howell
pfd.
Finance
3
12-28
3- 1
20c
J
(initial)—
preferred
(Joseph)
Household
12-17
12-31
12-11
;•
Co.—
4%%
Houdaille-Hershey
1- 1
1-25
1- 3
65c
."
Horner
33A%
r
12%c
(s-a)
(Brooklyn, N. Y.)
preferred
Company,
$2.25
12-1
50c
25c
(resumed)__
(quar.)
(quar.)
2nd
conv:
Home
12-31
12-29
$1
lc
50c
1
(quar.)
(quar.)
A
Electrochemical
&
11-30
1-15
50c
Inc.,
class
non-cum,
Horn
1-2
,
(quar.)_
Company,
& Co.,
(Henry)
Hoover
"12- 6
$6c
Extra
$1
1-
1- 3
$1
(quar.)_J__;
preferred
Holly Development Co.
Holt
1-15
$25c
;
•.
(D.
5
30c
50c
Co
(R.)
& Company. $4 class A (quar.)___
Hollinger Consolidated Gold Mines, Ltd.—
Quarterly
;
Hollingsworth & Whitney Co.—
Holmes
12-24
12-20
■
.,12-21
12-31
Paper Co. of Canada, Ltd.— ,1
Hoe
$4
12-21
1-18
$5c
•
&
Hinde
•
(year-end)
Inc.
12-20
12-20
12- 4
12- 4
12-20
1-10
25c
r
prior, pfd.",(quarA
5%
Appliances,
12-20
25c
Additional
Hinde
12-10
$1
$1.50
Co.,
Pap>er
Steel
Hightstown
12-10
12-27
12-13
&
2
1-
$1
^___
(quar.)
12-20
,
1- 3-; 121-23
1-10 ",12-27
1-10 - 12-27
2- 1
1-18
1-15
12-28
1- 3
12-17*
12-31
12- 6
1- 1 ; '12-10
1- 1 / 12-10
1- 2
12-20
1-2
1- 2
1- 3
1- 3
1- 3
1-25
30c
•
$4.50
12%c
62%c
15c
,
r^_„_______
Hibbard, Spencer, Bartlett & Co,—
f
Monthly
Monthly
Highland Bell, Ltd.
(irreg.
$4.25
12-15
91'Ac
(quar.)z_
common
(quar.)___
preferred.
Hooker
1- 1
(quar.)________
.___
Hendershot
Hercules
30c
35c45c
(year-end
common
W.)
"
$1.12%
25c
Co.,
(G.
.;
25c
,
12-11
12-27
75c:
•
class A
(quar.)
preferred
Helme
~
.
12-11
1-14
$1
$3
America,
preferred
11-26*
1L15
12-31
1- 2
<
(Walter E.) ,& Co.,
11-24*
12-31
1-15
1- 2
(quar.)
Extra
3
1- 3
25c
$1
Co.
preferred
3.65%
Heller
1-
$1.50
$1
$1.12%
tlOc
(quar.)
.
(H.
1- 3
12-31
1-1
12-10
12-22
Marx__*___
preferred
1- 3
12-28
12-27
1- 3
11-24*
12-16
12-17
12-20
12-18
12-18
12-18
(quar.)
'•
Gold & Stock Telegraph Co.
Goldblatt
^
12-21
12-21
12-21
12-20
12-15
12-15
12-15
12-20
12-20
12-10
12-16
$1.12%
preferred
(quar.)
preferred
.
_
12-31
12-31
12-31.
1- 1
1- 1
1- 1
12-30
12-15
12-29
1-1
60c
pfd.
B
4 %%
Honeymead
56%c
Globe Steel Tubes Co. (year-end)
$1.50
Globe-Union,
Inc.
(year-end)
45c
Globe-Wernicke, 7% preferred (quar.)
$1.75
Godchaux Sugars/ class B
(annual)"
$4
Golden
12- 1
12-31
1-15
'
(quar.)
Extra
Gladding
v
$1.06,/4
______
12-15
12-31
40c
10%
(quar.)_-
(quar.)
preferred
,
12-15
/
-
Instruments, common
$1.06 V4
33A% preferred (quar.) ____A_!
933Ac
3 'A %
convertible preferred-81V4C
Genuine Parts
Co.
(quar.)
20c
Georgia Power Co., $5 preferred (quar.)— J
$1.25
$6 preferred
(quar.)
$1.50
Gerber Products, 4%% preferred (quar.)
$1.12%
Giant
Portland Cement
Co.
(initial)
10c
Gibson Art
Co.
(quar.)
75c
Gibson Refrigerator Co.
(quar.)___
'
15c
Gillette Safety Razor,
common
(quar.)
62%c
.41/4%
&
Insurance
Hein-Werner
dividend
1- 3
35c
Hayes Industries
(quar.)
Hazel-Atlas
Glass
(quar.)
Heinz
preferred
Co., 4%%
Ltd
Tobacco,
1-15
12-29
7-15
6-29
' '
'
2- 1
12-31
2-1
12-31
2- 1
12-31
12-28
12- 7
1- 2
12-10
12-31 . 12-13
1- 2
12-15
1- 3
, 12-14
1-14 / 12-14
.1- 3
12-14
»•
$1.25
common...^
_______
6-29
(quar.).
1- 6
12-15
; <
,
-
Times
12-29
(quar.)
1- 3
Y.j—
Co.,
Schaffner
6-29
preferred
12-16
1-2D
$20c
(N.
12-14
$20c
Gas
Battery
1-15
preferred
1- 3
$1.50
Co.
• »
.
(quar.)_____
Hat
1-10
$1
$1.37%
35c
(quar.)_
Co.,
Hartman
12-17
12-17
12-29
:
1*2-14
Ltd
1-10
1-3
1-3
1-15
$$2.50
$$2.50
1J2-18
1-3-49
1-3-49
$ 10c
Hartford
12-10*
2- 1
A_
12-28
$1.12Va
$1.06V4
Extra
12- 1
12^15
*
(quar.)
(quar.)
preferred
Harrisburg
12-17
12-17
_2-16
12-15,
12-15,
12-17
12-18
,
12-28
25c ,12-28
Extra
7-15
' V
1- 2
1- 3
75c
1
(quar.)__
Insurance
Harris-Seybold
$5
25c
25c
150c
(quar.)
1-2
$12%c
Ltd.___u
quarterly
7-15 '
preferred
12-15
1- 2
$1
(year-end)
preferred
J50c
conv.
,,42-17
12-. 6
25c
Co.
Paper
preferred
4% %
12-17
_
(s-a)_.
12-27
1-15
10c
-
35c
% %
6%
12- 8
12-16
25c
(Irreg.
Extra
Hammermill
4
12-J( 8
12-30
10%
dividend)
(quar.)
Co.,
12-, 8
d
2
25c
preferred
Bridge
12-17
1-25
25c
(s-a)_^____—
1-
F.»
Printing Co. (extra)
Company, common (quar.)
$50c
preferred
1-2
Extra
4%
"
1-2
<W.
Haloid
"t50c
Glens
Co.
5-1
1
;llr;4i
1- 2 \ 12-, 8
,
$20c
(stock
Lamp
2-1
-
$50c
—
Corporation
2-1
$20c
Harding Carpets,
'
preferred
$30c
•>
;
B
$5
common._i._.____*._
(s-a)__
_______
(C.
:
—
$1 preferred
Extra
■
-
,
12-17
;
933/4C
(quar.)
Ltd.
Quarterly
Quarterly
Quarterly 1—___^—
_
12-6
2
11-
(quar.)_-__,
of Canada,
3
(quar.)
11-19
12-20
6-1
pfd.
Alabastine
1- 3
___.
12-23
"1-1
62%c^
(quar,) ../..50c
40c .
Marshall Field)
'i
12-14
12-23
12-31
12%c
3c
6c
(N. Y.) (quar.)
■'
$25c
15c
preferred
Common
5c
Shoe Stores Co.—
12-17
lt6-10
,!
3-1
12-27
,
3-1
$25c
A
General Tire
12-23
12-15
12-15
12- 1
40c
(quar.)
——
&
$25c
Extra
$6
&
Harbison-Walker Refractories—
m
,' 3-10
1- 3
Quarterly
$1.25
preferred
$1.50
,•,.12-10
1- 2
12r 15
Co.
Hartford
$1
75c
(quar.)_^___
12-15
<.
B
4'/,%
.
dividend I
12-15
12- 4
12-17
1
2nd
Products
Stock
12-14
(cash
12-31
___
12- 3
12-20
12-15
12-15
12-10
Special
Federation
Power
12-28
3-30-49
6-30-49
12-31
$1.50
General Refractories Co.
(quar.)
50c
General Steel Castings, $6 pfd. (accum.)
$3
General Telephone Corp.," common (quar.50c
4.40%.'preferred 1 quar.)'_'___
,
55c
12-23
25c
of New Jersey
Gulf
Corp.-
Corp.,
1- 7
.12-27
1-15
Gypsum Lime
$1.75
$1.25
>
1-14
$1.25
12-31
interest
_
12-18
35c
50c
(incrd.i
1-20
...
(quar.)
12-15
12-28
12-15
Hart,
preferred
5%
(quar.)
Paint
$5.50
12-21
1-2
12-27
1- 3
12-31
-
...
Insurance Co.
Inc.,
12-13
$1.50
1
2-
—
General Public Service Corp.—
$1.12%
t$1.25
15c
50c
'
15c
Quarterly
Co.
(Boston)
12-17
1- 3
.
$1.25
Corp.
Class
>
(quar.)
&
r
.
1- 3
.1- 3
i
12-24
preferred (quar.)
Corp. (quar.)
5%
12-16
3-16
(resumed)
Family Finance Corp., common (quar.)..—
4%%
preferred (quar.)
Farmers
81
Traders
Life
Insurance
Co.
Farrell-Birmingham
Oil
12-15
$3
$1.25
Gulf
1-15
12-21
1
1-
$10
,
common____
12-30
5 7e
5%
1-2-49
4-1-49
65c
20c
20c
20c
-30c
56V4C
(Syracuse)
^
RR.,
3IV4C
25c
25c
____
1
12-31
-
$2.50
$2.50
25c
Airplane Corp.
.
12-2T
2-
12-28
$1.25
(quar.).
(quar.)
12- 8
1- 5
1-17
12-22
12-24
preferred fquar.)
Class
12-31
' 12,-31
12-24
Y.)
(Dallas, Texasi
Ohio
&
12-13
.
1
,12-18
12-20
12-17
12-14
12-27
12-27
12- 7
12-11
12-11
————4
Fairchild Engine &
Mills,
General
1-15
12-30
1- 2
1- 3
12-31
12-31
12-27
1- 1
1- 1
& Co., common—_—
(quar.)—..
A
(quar.)
Co.
beneficial
$1, convertible
$6
preferred
preferred
37 %c
Trust
of
preferred
$4
Co.
12-27
1
35c
12-29
2< 1
2- 1
1- 2
12-30
(quar.)
Investors
;
$3.75
General
12-20
12-15
12-15
12-15
12-21
1-1-49
J26c
12%c
(Max)
T
Fireproofing
General Motors
...
—
(quar.)—
$5 preferred
common
12-13
1
1-
20c
preferred
Hanover
v
-
12-= 1
1-
50c
preferred
50c
Instrument
"
(quar.)
(N.
Hamilton
(quar.)
preferred
General
1-1
1- 1
1- 1
$1
5c
lc
10c
preferred—
—
Eversharp, Inc.,
Ex-Cell-O Corp.
Mobile
$5
12-17
12-20
12-20
$1.06y4
15c
50c
>
12-11
12-13,
20c
Co.__
$5
Co.
Insurance
$5
1- 3
12-31
12-31
Co.
General
1-1
40c
Equity Corp., 20c preferred (s-a)
Estabrooks (T. H.) Co., Ltd.—
4.16%
preferred '(quar.)
Evans
Products Co.
(quar.)——
Factor
^
——
preferred (quar.)—.—
Corp., partic.
4r!>,
preferred
General
12-10
12-20
$1 1-25-49
t50c
1-31
75c
1- 8
10c
12-29
10c
12-29
40c
1- 1
——
....
Corp.,
Extra—
Corp.—
25c
l<s-10
3
1-3
, 13
12-31
12-31
$1.06V*
20c
jJr
1-
$1.50
(quar.»
Sugar,
5
1-
12-28
25c
General Time
'
———
12-15
12-22
(extra)
Co.,
General Electric
General
12-10
1- 3
1- 3
12-31
1- 3
1- 3-
(quar.)
____—
3
Extra
12-31 *' 12-18
12-31
12-18
'1-24
12- 4
1- 2
12-10
1- 2
12-10
Capwell
Emporium
General Industries Co.,
$1.65
50c
25c
$1.75
50c
:
Company,
1-
1-20
1- 2
(quar.)
Controls
20c
50c
-65c
62%c
683Ac
-
-
preferred (quar.)—__
5% %
preference (quar.)
Elmira & Williamsport RR., 1% pfd. (s-a).
Emerson Drug Co..
8% preferred (quar,)..
Elliott
Supply
pfd.
General
12-17
Co.
Trust
Class
—
(year-end)—_
(Seattle) —
...
National
Elgin
Builders
conv.
12-20
1-15
1-15
12-29
1- 3
1- 3
12-31
$1.50
$1.50
$1.75
Gulf,
(quar.)
Candy Corp.
Consolidated
Products
•Electrical
General
Inc.
Ferries,
prior
12-23
12-17
12-10
(quar.)_____
20c
Corp.
General
$5
1-13
3
Extra
-
pfd. (quar.)__
(quar.)
Publishing Co. (year-end) _______
Guilford Realty Co., 6% pid. (quar.)______
1-
1- 3
$5c
Guenther
75c
preferred
12-15
12-15
12-10
1-15
2-15
3-15
,v
Guaranty
12-17
Gulf
;___
(quar.)
Jo'Jc
(quar.v
Co.
12-17
-
12-15
preferred (quar.)
—
Electric Power & Light, $6 pfd.-(accum.)...
6%
Transportation—
1- 3
i
Guantanamo
1-10
15c
40c
_
6%
Tanning
Products
Watch
12-28
12-20
.
12-23
;,1- 3 '7f 12-13
25c^ v0l-J 1
12-21
-..r
'*<
50c
,, 1-10
12-28
Gruen
.12-28
15c
(quar.l__
^2"23.
$1.12%
—-
—
12-15
Hall
12-30
$1.12%
1-10
■
(quar.)
11-30
10c
Pfleger
12-30
12-20
.
$1.75
common
3
12-28-
Ltd.,__
preferred (quar.)__
Cooperage, class A
Griess
1-
"•> M
<
tr
.
$75c
(quar.)
Co.,
r
,1,2-20
>
B
Grocery Store
3
Ltd.—
Bros.
Class
3
(quar.)
com.
Co.,
Wire
Corp.,
12-10
1-
$1.12%
of Texas,
12-30
30c
4%%
Grief
1-14
1-31
75c
Bronze
1- 1
2- 1
2- 1
preferred
Hajoca
(quar.)
American
$4/25
6%
1-14
.
General
•
12-31
12-15
Investors—
preferred
Certificates
(quar.)
preferred
Electric
-
,
series A (quar.)_
Baking Co., common_li_2-i.__"_:
Brewing Corp. (quar.)
,
—-——
(quar.)
Co.
Boat
Co.
General
5%
7%
1-
(quar.)
American Oil
General
(Texas)
Co.
Manufacturing
Elder
Electric
$2
(quar.).
preferred
$4.50
(quar.)———-
Co., common
Electric
Paso
(quar.)_
(quar.)
preferred
7%
preferred
4%%
(accum.)
common
12-23
$1.06%
(quar.)
preferred
participating
Products
Ekco
Ltd.,
Co.,
Saddlery
.12-16
,
'
$$3.75
West
Greyhound
1
1-, 1
(Winnipeg)
2nd preferred (quar.>
Great Western Sugar Co., common
12-31
1-31
Co.
12-20
12-lfL
,
12-30
6%
1-24
20%20c
130c
1$1.25.
1$1.38
dividend)
$1.60 1st pfd.
& Co.
Power
Common
Stores
Bros.
4V'4%
(quar.)__________
1-2
$1
12-28
75c / 12-28
fl2%c
12-31
21c
1-25
21c
2-25
21c
3-25
—-——
Monthly
Edison
(quar.)
125c
—
(monthly).,
Steel
Edgewater
preferred
12- 6
12-23
*25c
'
,
,
Quarterly
Great
Greenwich Water System,
1-24
$1.50
12%c
(year-end)
(quar.)
Assurance
12-15
1-
int,
12- 2
.12-2Q.
,
Ltd.—
preferred
12*1'21
12-31
Properties—
1
-.1-
$1
37%c
28V8C
34%c
25c
•
(quar.)_
common
Co.,
Life
West
preferred-—
Ore
beneficial
convertible
$5
(quar.)
of
Felt
West
7%
Iron
Greening-(B.)
$1.50
35c
(quar.)
12-30
(quar.)—
1
25c
25c
(year-end)
Corp.," common
Paper
7-
10-
$1.50
,
1- 3
12-30
—
Great
25c
American
$4.50
♦
3-15
25c
,
25c
6%
'■>
12- 3
50c
5%
Extra
El
1-2-49
General
1
12-15
15c
(quar.)^
Manufacturing
General
__
'
-
12- 3
-
-
Washing Machine Co., Ltd.
Easy
Eaton
<•
12-20
50c
Great
0-15
(quar.)
(stock
preferred
12-20
12-15
1- 3
Towing,
Certificates
12-15
3
4-
15c
25c
(quar.)--—■—-—
Extra
12-15
Gemmer
12-15
3
75c
17%c
55c
12%c
$11
10c
preferred (quar.)__
1- 3
_
B
Class
5%%
3
11-
35c
150c
112 %c
(quar.)___.
Co.,
&
Co.
preferred
1- 3
(quar.)
Washing
Extra
12-15
(Theo.)
5%
Lakes
Northern
12-31
1
Corp.
Gatineau
4%%
6-15
(quar.)___
Steamship Co., com.,,(year-end)
preferred (quar.)
Great
1
(quar.)
preferred
Lakes
Great
;.
(quar.)
com.
B
12-20
1-20
,
(initial)_l_
25c
preferred (quar.)——-Machine Corp., cl. A
6%
;
Great
Paper, Ltd. com
A preferred (quar.)
12-17
135c
1
Lakes
1-
37%c
37%c
37%c
37%c
(quar,)__^
(Julius)
■
Jo'Jc
Great
3
1-
30c
Packing
Garrett
$1-50
(year-end)
common
(quar.)__
,■
Extra
1-2-49
(accum.)
12-15
12-17
3
12-31
$1
37%c
25c
i_
common
convertible
■
,R
Y.)
Co.,
preferred
12-15
15c
12-27
.
Inc.—
preferred
5%%
$1.50
—
12-15
common....
Co.
AVz-%-
•
1
$1.75
(accum.)
3
Co._^__
(N.
preferred
25c
$6 pfd. A
Eastman
Easy
4%
.
$3
(reduced quar.)
and $2 par)
par
States Corp.,
Co.
Extra
Garlock
12-30
1-
12-31
12-27
12-27
12-28
$4
convertible
B
12-20
12-31
1- 2
40c
$30c
$1
$1.12'/a
$3.50
1-
2%c
Company
A.)
Company,
Class
|
preferred (quar.)
$1
Eastern
Gannett
12"2^
$5
B (accum.)—
Association, Inc.—
Racing
Trust
-.,1- 2
<«
r__/
Inc.
Manufacturing
Garfinckel
.
class
.
12-Jl
12'3*
12-10
.
12-31
12-28
1-18
Inc.,
Loom,
Gardner-Denver
-
■
1-15
1-15
-
class
$1.20
(quai.)
Galveston-Houston
1-10
1-10
l-2o
the
(George
Fuller
12-18
1-18
1-25
.
$2.50
12-15
Extra
12-22
12-31
2- 1
preferred (quar.).——
——
8J''3C
$4.50
preferred (quar.)—-—$1.12/2
Duquesno Natural Gas—
' ..
$4 convertible preferred (resumed)
50c
$5 convertible preferred
(resumed)———50c
Duval Texas Sulphur (year-end)
50c
E. T. & W. N. C. Transportation Co.—____
$2
East Pennsylvania RR. Co.
(s-a) __________
$1.50
Eastern
Gas & Fuel Associates—
,
4V2%
prior preferred (quar,) —
$1.12%
6%
preferred (accum.) —
$1
6%
preferred (accum.)
~
$1.50
Eastern Massachusetts Street Ry.—
6%
Fuller
Fulton
$62 Ac
25c
Industries
Products,
Fry
12-16
j2"3®
12-27
12-17
$40c
$62%c
12-31
3
3
(quar.)
Malting,
(quar.)
preferred
of
Fruit
<
$3.50
Eastern
$2.20
Frontier
,"}„
«
1- 2
1-14
...
Corp.
(s-ai
——_—
(E. I.) de Nemours & Co.—
Duplan
,
B
(Allen)
Mont
i,
1-
1-
:
pfd.
&
.
.12-20,
-
6%
Grain
';'0A
.
,12-20
.
Company,
Y.)—
(N.
1-14
Corp.—
common
Co.
12-52,
,.2- l(
lrl4
—
(accum.)
Insurance
American
Great
12-22
2-15
;'
56V4C
,
,
12-20,
•
10c
(quar.1)
(quar.)
Coal
(quar.)___
12-29
30c
,
(s-a),
preferred
12-29
Extra
(quar.)_
Ltd.; new
Cos.,
Froedtert
1
Brewing Co. of Michigan—
County
preferred
Frick
12-15
$1.75
$1.75
preferred
7%
Luxe
.
Quarterly
(quar.)
Canada
of
Co.
preferred
Fraser
12-31
Laboratories, Inc.—
preferred (quar.)
—
'
Du
5%
7%
l- a
2-1
de
Fox
12 22
1-1
-
prior
Franklin
To'oo
," '
1
oOc
20c
prior
6%
1 3
J-*
15
12-23.
1-15
i-±j>
1-15
1- 3
.
Corporation, 4% preferred (quar.)—
Drexel Furniture Co. (quar.)
—
Dravo
6%
Foundation
common.—
12-20
(quar.)
preferred
preferred
preferred
prior
Inc.,
12-24
15c
common
12-
12-29
12%c
12%c
Stores,
Extra
2
class A pfd,
prior preferred
6%
5
I-
1-15
12-30
12-20
12-14,
12-14
1- 3
1- 3
1-3
1- 3
3
i
Corp.,
Grayson-Robinson
3-10
,,12-26
1-15
$l5c
25c
933/4C
32%c
1-
Corp
Kleiser Co.,
&
12-17
12-17
1
,42-20
1-
(extra)
Transit
Building
3
3
25c
25c
,
12-10
12-21''
r,
75c
t$1.50
(quar.)___ .
20c
—75c
40c
common
Works
Bridge
Worth
Street
.
Toy,
$2.25
i-
Foster-Wheeler
fa
1- l
.
Inc.,
_;
It
....
.
;
1-
3-
l-: 3
12-30
12-30
quar.)
(quar.)___
Ltd. (quar.) _____—
Grant
(W. T.) Company, common (quar.)_
3%% preferred (quar.)_
Gray Drug Stores, Inc.
1
12-31
$1
50c
■
(initial)
common
(initial
Industries
Grand
5 %
Dairies,
preferred
1
Wallace, $3 class A (quar.t__,
Light & Power, 6% 1st pfd. .(quar.)
Pitt
Fort
1-1
*5c
®l
81.Ac
$1.75
Inc,—
5%
Grand
12-
30c
Inc
preferred (quar.)
Company (quar.).,
41st
120c
*25c
(cash div.)
America,
Extra
if
v>
A^__.__—
&
6%
1
12
preferred
4%%
Co,,
$50c
(quar.)
Inc.,
11-29
12 %c
Stores,
Foremost
1 3
12
i
i
Fair
Fort
,
Light
Co.,' class
Pumps,
1-
$1
130c ■
$1.12%
25c
(s-a)
Formica
3VlJ
Douglas
•'A*
1-
Fisheries
Gorton-Pew
3
1-
*
.»
<
1-1-49
75c
Stock', dividend
<t
1
1- 3
$15c
(quar.)--—
A
Class
Foreign
1_ 7
\
1-15
1-12
&
Shoe
Mills-of
Flour
12-28^-
{25c 2-1,49
J25c; 1-3-49
preferred (quar.)
Textile, Ltd., common (quar.)
7% preferred (quar.)—
Donnell & Mudge, Ltd., common (quar.)
$1
7
1-
$20
•,•
(s-a)
B -1
Forbes
-
Dominion
Power
Class
12-10
12 28,
1-15
$50c
$25c
Square
Tar
'
iquar.)_.w_
—
preferred
Corp.,;$2
Florsheim
Food
t2|° 2"l-49
f
York
Florida
in'
,1- 3
1-15
35c
——
Steel
Dominion
1_ ^
$25c
Corp., Ltd.——& Coal, Ltd., class B (s-a)
& Chemical Co., Ltd.—
(quar.)
Dominion
Dominion
.
$$J
$35c
—
(quar.)
preferred
5%
,
Ltd.
Co.,
Malting
Dominion
V*;
Storea__
12-27
Goodyeai Tire & Rubber Co. of Canada—-Reduced
L_.
12-27
1-10
Payable of Rec.
Share
,
Holders
When
Per
Name of Company
■
12-17
1-10
*
Snmmnn
'■
National
1- 3
-$1-75
—-
(N. Y.)
"25c
25c
"
(quar.)—____
common.....—*
<
A
3 % %
►
$2
$1
$1
Co.
Finance
Holders
Payable of Rec.
Share
of Company
First- Boston
»;■»"
„,W*j
j-"
31'Ac.
—
Name
Payable of Rec.
12-27
12-10
Share
50c
When
Per
Holders
When
Per
:
t
Company
Name of
com,,
(quar.)
-
——_—__
—
'
,
1- 3
12-20
12-30 / 12-20
$1.37%
,12-30
12-20
i
25c ;1-10
12-24
12%c
$1.25
.
=
,
.
Number 4763
Volume 168
Per
.
Name
of Company
Rtibbdrd Pelt'Co., Ltd., common'-
,'Clais A preferred (s-a)
Humphrye$ Manufacturing
'
: Stock;dividend
$75c
30c
'
12-31
12-20
12-20
12-15
$1.25
12-30
12-20
;.5%; preferred B (s-a)
$25c
.
2-1
.12-31
%
■'!. '•<
Terminal RR. Co. (increased quar.)
imperial Tobacco Co.-of Canada, Ltd.—
,
4^; preferred (quar.)
12-27
12-27
-4%%
$1.03%
37 V2C
; 4% preferred .(quar.)
$1
5'/#
preferred-(quar.)
$1.25
Indianapolis Water Co., 4.%% pfd. (quar.)
$1*06%
5%'preferred1 (quar.)_L;!
•—>—-—
$1.25
Industrial Acceptance Corp., Ltd., common.
137 Vic
14'Va %
"preferred
(quar.) —$$1.06%
1
5%• preferred (quar.)
-• t$1.25
Industrial Rayon Corp.
'
StoCk
dividend
5%
1-3
1-15
.1- 1
,1- 1
1- 3
1-3
12-31
12-31
12-31
preferred f(quar.)
——•.
Indianapolis Power & Light"Co), com. (quar.)
_
.
.
IngersoH
Class
A
16c
—
,
Mfg! Co." (quar.)__-_.
Tool, Ltd.—
—_C—.——
$12 Vic
&
(quar.)
(quar.)._—
Co., 6% preferred
.
Insurance
(S-a)____
l-3l
Certificates,
Inc.
Co., Ltd.,
(s-a).___
12-31*
1- 3
12-22
,1- 3
12-22
25c
12-27
12-30
12-16
1^-29
1-14
$$1.
$$2
$$4
Co.__
Extra
&tertMoiiht&fn,TOlOphdner:'C6.^,'c0m)r^quar.)
1- 3
50c
—+—,—-
Inter-County Title Guaranty & Mtge.
12-30
12-30
12-28
20c
20c.
dividend
Co.
(ouar.)______
■Special
-Special
International
1-28
Class
A
(quar.);
32-17
1-3
12-17
preferred
International
Co.
of
10-30
Liberty Life
Quarterly
(quar.)
International Silver
7%
pfd.
Interstate
Telephone, $6 preferred (quar.)_
investment-Foundation, Ltd., com. (interim)
ff% convertible preferred (quar.) -—.
Investors'Mutual^"Inc. (quar.)---..
Iowa Electric Co., 6V?% pfd. B (accum.)—
/
1% preferred A (accum.)
Iowa Electric Light & Power Co.—
6% preferred (quar.)..
'
6Var/o preferred (quar.)..———
r«j7%
preferred (quar.)
Idwa Power & Light, 3.30% pfd. (quar.)—
Ifohrite Ironer Co. (quar.)
—;—
j
....—.—_
Trust
Co.
Creek
Coal
$6
preferred
7%
7%
5%
(
5%
1
1-3
12-20
1-
12-15
1
12-15
12-15
12-23
12-15
Special
Little
12-15
.Locke
12-31
12-15
•
....
—
—...
Jamaica Water Supply
,
,
'
$5 preferred (quar.)——...—
,
5%
6%
_______________
Lake Sulphur
Year-end
(quar,).————
—
*—
.
Jenkins
>.
.
Jewel
Tea
12-15
Loft
12-15
..
.
.
»
common (year-end)
(quar.)—,
,
1-3
11-30
11-30
5%
11-30
5%
5%
-
preferred
A
1-
11-30
Lord
Journal
Fublishing Co..
&
•
12-17
12-17
1- 3
12-10
2-1
1-18
„
2- l
■,
1-14
(quar.)
Kansas dty Southern'Ry.
.
4%
preferred
(P.)
2-1
2-
1
1- 5
12—3
1- 1
12- 3
$1.50
1-15
50c ~
$6: preferred
V
$6 : preferred
Lusk
1- 3
1- 4
12-. J
1-15
12-18
25c
2-1
1-19
"
10c
4% %
•
»
12-17
■
:$i
$1
3-
1
1
2-14'
..
,
12.-15
1-15
i2-29
12-15-
$1.25
1-3
.12-15
i2-3l
Mackinnie
12-31
$5
Kansas,Gas I; Hlectric, icomm«nv---i-
12-10
40c-.
•$6-preferred, (quar.)$1^50
.
MacLaren
1- 3
■t
Class
12-11
7%../preferred.,lr(quar.);___—. $1.75... 4"'3
,Kansas-Nebraska '. Natural
Gas, ;common„»_
$5 preferred
Drug
Co.,-$4.50
25c
;—
preferred
(quar.)
Kearney i(James R.)-Corp.,-common-__6% preferred (s-a)
•
1- 3
$1.25
(quar.)
Stock^ dividend ..a—
Katz
-
1-31-49
$1.12 V2.
12-30
75c
1-1
>
i-r2
,
11-15.
-
12-15
1-3
1-15
1-31
Oil
&
Power
1-3
■
Drilling
B
•Stock
1-3
1-
12-23
3
12-10
1-" 3
1240
1--3
12-10
12-28
12-16
1- 2
-
■
5%
12-10
2-
(s*a)
'
12-31
12-22
42-22
-1-1
12-20
12-20
12-9
12*
"!
9
12 -
9,
1C
12-24
12-24
12-15:(
12-15
23c
12-24
12-10
47c
12-24
12-10-
50c
12-23
12-
$1.75
12-23
12-.1
5c
12-23
12-13
12 %C
1- 3
12-15
1
1-3
12-15
$1.50
1-
2
12-31
$1:37 Va
1-
2
10c
12-31
$50c
1- 1
25c
12-20
$$1
1-20
12-30
42-22,4
50C
12-27
.12-17
12-27
12-17
88C
12-31
12-1*7
50c
12-29
12-20
%
12-31'
1-
3
75c
1-
3
12-20
12-23
12-17
$1.25
II-
1
"
& RobbinS, $4 preferred (quar.)
Candy, 5% % conv. pfd. (quarf)
McQuay-Norrls Mfg. Co., common (quar.)_
4% %
preferred (-quar.)
$1
Johnson
&
1-15
13%C
_
McPhall
Mead
12-1$
12-
f$1.00%
,__——
McKesson
1
1-24
12-23
12-17
12-27
12-17
4%
12-30
35c
Co.,
1-
$1:06 %
3
1-3
3-
1
1-
2-
1-
3
12-20
12-14
12-14
Year-end
5%
12-15
Merchants
Acceptance
Merchants
Bank
2-24
&
$3.50
■;
1-15
12-27i
.
12-30
12-
1-10
i
3
Corp.,
New
25c
(quar.)
class A
York
1-3
12-10
1-
3
12-10
12-31
$1.75
—
12-10
2rl5
35c
12-10
12-10
-
Mesta
Metal
12-15
1-
2
2
.12-10
(increased
12-20
12-30
12-20
1-
Machine
Thermit
12-20
1- 3
12-10
1- 3
12-10
87%c
(quar.)
(quar.)
1- 3
$45c
2-4
1-15
25c
1-13
12-10
75c
12-24
12-15
12-15
25c :
(quar.)_
-15-49
3
12-20
12-
$1.75
12-22
12-10
12-23
12-17
12-31
12-20
30c
12-20
12-11
97 VaC
Paving Brick Co
Bridge Co«_
-
1-
2
12-23
12-
1-
2
12-
12-15
$1.50
2-1
1-14
40c
1-15
12-31
1-15
12-20
1-15
1245
1
12-23
$6
1-3
12.-15
1-3
12-15
t25c
•
1-
12-27
12-17*
1- 3
12-15
15c
1-15
12-24
30c
________
Miekelberry's Food Products
$2.40
preferred
(quar.)-;.
Middle. States Petroleum, class B (year-end)
Class
A
year-end)
:
Middle States Telephone (Illinois) (quar.)_
Middle West Corp. (liquidating distribution)
One share of Kentucky Utilities common,
$10 par, for feach two shares held. Sub-
12-23
II-1-49
12-18
1-
3
12-20
$1.10
2-
1
1-15'
Ject to. the consent of the SEC-
15c
1-10
12-28-
15c
! 12-31
1-15
12-26
$1.50
______
$1.25
3
11-?9
50c
4.40% preferred (quar.)i
____^
Michigan Steel Tube Products (quar.)_____
2
12- 3
12-
12-20
37 VaC
:
Bjumper Corp. (quar.)_
Michigan Gas & Electric Co., common
2
12-23
12-29
$1.08%
20c
Michigan
2.
50c
$1.75
9
Corp.
(quar.)
Copper Co.
(Txtra)—
Michigan Associated Telephone—
6%. preferred (quar.)
3-20
12-
12-10
$1.12%
Miami
12-20
1- 3
5
1- 3
15c
Metropolitan
.12-23
2-
62 Vac
(increased)-
Metropolitan Edison Co., 3.90% pfd. (quar.)
4.35% preferred (initial quar.)________
12-27
:
3
$ 50c
Metals Disintegrating Co., 4%% pfd. (quar.)
Metropolitan Building Co. (auar.)____
7
1-1
12-
$$1.12%
;
'
12-
12-10
1
Co.
preferred
12-30
75c
quar.)_
______
<te
7%
12-13
,12-
com.
Forming Corp.
Metal
12-10
1-
12-23
1-31
3
50 c
(quar.)
Mills,
preferred
Messenger Corp.
12-22
12-31
12-31
Company,
4V'2%
1-10
12-28
60c
1-3-49
12-10
60c
12-22
11-27*
$1.20
12-22
41-27*
60c
12-31
12-10
.
Midland, Bakeries Co.,
1-27
1
,.:.$2
1-
3
12-15
12-20
:
4%
preferred (quar:)—
Midland Steel JProducts, common
12-5
il $8 Pon-cum.
preferred (-quar-.)
preferred (quar.)—__—
8%
'
2-1
$1.06%
40c
1- 3
$3
1-3-49
$1.25
.
12-28
1-14
12-15'
1-15
12-3IV
Miller
^
.:
(year-end) ______
Co. (extra)—
,
4
.
.
•
Class
A
1-2-49
12-20
12-20
25c
1-2-49
.12*20
12-30
12-16
11- 6
'Common
•
Miller
,
&
tl2%C
12-31
Special
12-31
12-10"
$1
12-10
$12 %C
50C
1-3
1-15
12-31
1-15
12-31
1-15
12-27
1-15
12-24
$1
25c
10%
25c
$12.50
$1.25
'
•
12-20
12-i 3
12-30-
,12*20
1-
3
12-23
^
50C
12-22
1-
.
(quar.)
(quar.)
(quar.)
!prior
—
12-14
12-13
1-14
12-22
1-
4
12-13
56 %C
10c
1-
2
12-13
12-29
12-18
1-15
i-;5
37 %C
1-2-49
12-20
1-2-49
12-20.
4-2-49
3-20
37 VaC
(quar.)—
$1. rprior-. preferred
common
/
—
7-2-49
37 VaC
10-2-49
25C
—
(quar.)
(quar.) __—i
4Vi% convertible preferred (quar.)
Minneapolis. Brewing Co.
—
Minneapolisrfloneywell Regulator (extra)
MinneapolisSt. Louis Ry. (year-end) —
Minnesota
Ontario Paper Co._.
>
12-14.
1
12-23
15c
37 %c
•____——_;—_'.
preferred; (quar.)_ii•
preferred (quar.)
—__
Miller-Wohl Co.,
12-14
15c
(increased qyar.)_
——
pyior preferred
$1 ^prior
.
12-7
20C
13%c
12-31;
12-22
12 %c
__
Hart, Inc., com,
Common
'
(quar.)
.
Common
l~ 3
25c
1-15
$6
Co.—
preferred (quar.)——.————
Manufacturing Co.—
(increased-quar.)
1-2-49
$250
$1
$2
Common
.75c
(Irreg.)—_
12-31
25c
—
4%%
,
12-31*
lrl5
_—^_
'—:—_______
Midwest Rubber Reclaiming
1240
$1
12-31
1-15
$1
Midwest Piping & Supply-
12-15
$1.50
——1'
(year-end)
(reduced)
Company
12-28
1-15
i
(quar. )_____
common
15c
10c
.
Midvale
——
11-30
$1.25
Ltd. (increased quar.)_____
Publishing Co. (quar.)___
Mergenthaler Linotype
Mersey Pkper Co.i 'Ltd., common
1247
I-2-49
v'
12-31
25C
!_
Meredith
.12-17
12-29
of
preferred
Mercury
1247
p~
12-27
12-29
12-15
$30C
10c
Merck
II-24
1-6
12-15
3
1-2
60c
2-24
12-10
3-10-49
V
1-
62 %C
_:
1st
preferred (s-a)__—
Mercantile Stores Co., 7% pfd.
12-20
3-10-49 x
.
12-15
12-15
Melchers
12-15
1-3
1- 3
1- 3
2c
preferred
Meadville Telephone Co., 5%
1
12-31
15c
(quar.)
common
(s-a)_____________________
preferred (s-a)
Distillers, Ltd.—
6% participating preferred
(s-a)—Mengel Company, common (quar.)
.
1C
L-'-ri-'''
prkerred
12-31
$1.05
31%C
—
_________________
:
12-31
34%c
.
r
52 %o
_—.—_______
convertible
Year-end
(H.
dividend
12-20.
62 %C
(quar.)
preferred (quar.)
McGraw Electric Co. (year-end)
_:
Mclntyre Porcupine Mines, Ltd. (extra)
McKee (Arthur G.) Company, cl. B (irreg.)
1246
$1.06
(quar.)
& Paper
12-31
(Max)
preferred (quar.)—*
5%
preferred
43.50
1^-31
12 %c
!:
Magor Car Corp. (quar.) ___u-_-———Mahoning Coal RR. Co., oommon_______^__
12-15
.
12-20
•
& Electric—
Macy (R. H;) &vOo:__—
Mading Drug Stores, common^^____^__.—_
55c preferred' (quar.r^—^I-1"—_——
Magna vox Company (quar.)
:
12-15
-
1-. 2
12V2C
12-11.
-12-15
1- 3
10%
1-3
31 Vic
R!) Export ed:," Ltd.—
-Class A (quar.)_________
MacMiUan
12-10
25c
common
McCfory -Stores Corp.—
Common (increased quar.)
12-27
$1.50
,
.
$2.50
1-15
1-7»
12-27
25C
— rr
(irreg,)
12-20
50c
12-23
1
25c
Participating
Factor
Company,
—
participating'preferred.
$1.50
.
.
(quar.)——————$1
Kansas City Title & Insurance (K 'C.)_>——""
Kansas Electric Power; 5% preferred .(quar.),
preferred
1
2-
,
2-14
3-
1--2
1-
$2.50
firreg.)
Co.___
see
(quar.
preferred (quar.)—
_________
5 Va % preferred (quar.)_—
McBrine (L. Mt) • Co., Ltd,, preferred (s-a) _
McBryde Sugar Co., Ltd._______„___—____
McColl Frontenac Oil Co., Ltd.—
4% preferred (quar.)
McGord Corp.,
common
(stock dividend) —
MacFadden, Publications
95c
-
(irreg.)
McBee
12-23
4-1-49
:_
Lykens Valley RR. 81 Coal Co. (s-a)
Lynchburg & Abingdon Telegraph Co. (s-a)_
Lynn Gas & .Electric (quar.)
MacAndrews & Forbes, .common, (year-end) _
6%
preferred (quar.)_
—
•''
12-27
Royalty
1
$1.50
(quar.)—
_
12-20
10c
Investors
McAleer Mfg, Co.,
12-23
62 %c
—
(quar.)_
& Sons—
Luzerne County Gas
1
62 %c
■
preferred A
.
$20c
pfd. (quar.)
12-15
Max Factor
1-
12-10
1-
5
•
Miami
(quar.)
Co., common
...
65c '
$1.25-
preferred
12-15
i2-31
.
(quar.) —
Lowney ( Walter M.), Ltd.——.———
Lucky Stores, Inc., 5%% preferred (quar.)_
Ludwig Baumann & Co. (see Baum^nn,
,'IjUdWig,)...
' V- ;
._v.,
'•
•' ,'.j.
Ludlow Typograph Co., common (year-end)
12-31
—.
12-31
12-10
12-30
15c
'
6%
10c
(quar.)——
(quar.)—____
preferred (quar.)
6%
preferred, $25 par
4% %
'
3.80%
Taylor
Lowenstein. (M.)
1-5
Kansas-City Public Service Co.—
5% preferred (accum.)—.
Light, 4%
5%
20c
(Ottawa)
Extra
/
12-14
12-29
Furnace. Co._^_J—
12-15
tlOc
preferred (quar.)__
!___!__
Los Angeles Transit Lines (quar.)
Louisiana Power & Light, $6 pfd. (quar.)__
Louisville Gas & Electric (Ky.l, common—
5% preferred, $100 par (quar.)__
Z*
12-15
:
Ltd.
—
,
12-15
12-29
Kalamazoo Vegetable Parchment Co.
Kansas City Power &
1"
12-29
75c
.^common^ (increased)
12-31
40c
12-15
12-17
Joplin Water :Works, 6% pfd. (quar.)
Joseph & Feiss Co. (extra) _—___1
Kalamazoo-Stove
&
Lorillard
;
,12-14
93%c-
(quar.)
12-31
37%c
t$l
'15c
J15c
—_—__—.■
Lorain Telephone Co.,
1- 1
12-29
f-.4%-:>2nd preferred A (quar.),—
$1
4;% 2nd preferred B
.-I—87%c
Jones & Laughlin Steel,
12-31
1-15
50c
'
(quar.)____
Theatres, Ltd
11-30
12-29
,
1-15
12-30
75c
$1.12%
Second. ~Fund__-___
Massachusetts. Investors' Trust-____-__—__
Mathieson Chemical Corp., Com. (year-end),
7% preferred (quar.)
___________—
Maul
Macotta Corp.-—
-
12-10
40c
Corp—
convertible preferred
convertible preferred
Massachtise^s
12-18
,
12-31
Lonsdale, Company
(initial)—
Lorain Coal & Dock—
12- 9
$1.50.
37l/2C
.
1240
.1-3
12-27
4c
Mascot
12-23
12-28
1
$1
12-21
1-3
1-
13*11.'
20o
v
12-21
12-28
,-ti: 1* 20c,
,
12-14
.
Johlison vQil ;Refining___-___
12-28
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 66/100c
12-15
12-15
$1.50
preferred (quar.)_______—
Oil
Co.
(quar.)__
4Va%
12-15
(quar.)
Candy Corp.___—_____^—
Hosiery Mills, Ltd. (quar.)
•!- 3
1- 3
1- 3
...
.
CO.
12-22
1
12-18
Firebox Co.
Inc.
12-15
12-31
12-15
12-15
$2
Mills Corp., common____.
preferred (quar.)
—Martin-Parry Corp,
Mary Lee Candles (quar.)
—
Maryland Casualty Co!," common (resumed)
$1.05 convertible preferred (s-a)
$2,10 prior preferred (s-a)
Maryland Dock Co., common (quar.)
12-15
1- 3
12-11
1- 3
.12-17
-t.'M
London
v
3
12-10
"12-31
6%
•
12-17
I-3
3
12-20
,
12-28
60c
common
Martel
,
12-11
1-
60c
(Marcus)
12-15
1- 3
3
1
1-
&t Coal
RR.
Extra
1- 3
$1,25
$1.50
10c
10c
Company,
3%%'preferred
Johnson & Johnson
Chain
Locomotive
Loew's
$1.75
Bros., Founders shares.........^..
Non-voting common.
,—
7% preferred
—1—__—
1-
$1.10
50c
7%
preferred A (quar.)...————
1st preferred (quar.)
12-15
7
(quar.).
Navigation
Aircraft
12-15
1- 2
$1,25
i
(quar.)
.
Lockheed
Jamestown. Telephone Corp.—
Jefferson
12-31
1-14
12-20
12-1Q
$1.06%
(year-end)—
(quar.)_____—_____—
Co.,
preferred
6%
12-31
2-
12-20
40c
12-18
12-15
1-10
75c
Steel
12-15
/
.
.
12-31
12-31
12y2C
25c
$1.50
;
(quar.)_____,—
Extra
■
12-30
$1.50
$25c
xt$1.75
xl%%
xlV4%
xl%%
Ltd., com. (quar.)__
(quar.)
preferred B (quar.):—
preferred C (quar.
preferred D (quar.)
preferred A
12-10
12-29
(s-a)
1- 2
1- 2
1-2
1- 1
12-30
20c
(quar.)
Marshall-Wells
25c
Guaranteed
1- 3
——
12-24
$1.60
$1
.
preferred (quar.)
Schuylkill
Co.
& Son_
Marshall" Flerd"&~Co"T%"%~~pfd.~(quarTlir_
'v$l
Oiglnal capital
Special Guaranteed
12-15
12-15
.
'
Brothers, 6% preferred
Little Miami RR. Co.—
$1
'
;
12-17
40c
r—r~
Lit
12-20
12-15
30c
$1.50
quar.)—______
Co.—
convertible
$1
12-16
1-2
$1.50
(year-end)-
——
*
1-15
1-2
25c
—_—
.
5c'
(quar.)
—
12-20:
$17%c
—
(quar.)^
Corp. common
(Fort
_—
Lipe Rollway Corp. class A
12-10
12-16
,
Co.
Match
1-15
20c
(quar.)
12-31
$1.75
12-11
$200
1-3
,
12-17
1- 3
(quar.)
(M.)
12-31,
1- 3
Basket, Ihc., corinnon (quar.)
Marsh
12-20
1-15*
20c
Common
•
3
1-3
$1.75
preferred <quar.)__L
Telegraph'& Telephone Co., Ltd.-
preferred A
I-
1-17:,
50C
Corp
preferred
7%
Market
12-22
■
4:25c
$1.25
Co., 7%
1-3
1-3
_
.
(year-end)——_—
(increased
,
Belt
Co.
Insurance
(quar.)
Inc.
Co.
■Extra
Lion
-
.
Jamaica Public Service,
.
2-
1-15
5c
:--i
(quar.)
Co,
Link
Stores,
Material
Loew's,
....—
v
Lii>e
$1.50
$1.62%
$1.75
82V2C
10c >
■
Island
Indiana)
Wayne,
Lincoln
.1-1
30c
12-27
$1.20
12-27
30c
12-31
$1,25
12-31
50c
•
1-14
$2
12-27
$1.50
1- 3
$50c
-1-15
$75c 1-15-49
,
r 12c >»
1-21
81V4C
12-31
87V2C
12-31
'■
—........
National Life
Lincoln
12-10
43%c
(quar.)__
■
Irving
12- 7
12-31
12-10
75c
Bakeries, com. (initial quar.)..—
$4.80 preferred (quar.)__._.i.___—
interstate Company (The), com.
(Interim)
5% prior preferred (quar.)
Interstate Department Stores (quar.).....
Interstate Hosiery Mills
(extra)
—
Extra
12- 7
-
Midland
Water
12-27
30c
30c
30c
18%c
10%
__
12-30
$50c
.
—
75c
12-30
t$1.75
Interstate
«
Co.
Extra
—___—.—
Co.,
Ins.
pfd. (s-a) '
(Greenville, S. C.)—
preferred (quar.)
Liberty Products Corp. (stock dividend)
Liggett & Myers Tobacco, 7% pfd. (quar.)
Ltd.—
Paints, Ltd., 5.% pfd. (s-al__
Shoe Co.__———!—________
International
12-18
t25c
$2
—
•
12-17
1-10
—_
12-15
1- 3
1-3
1-15
Ltd.—
Liberty Loan Corp.,'class A (quar.)___^____
Class B (quar.)—
——
12-15
„
Corp.
Brothers,
$1
Canada,
1-2-49
.
Lexington Union Station Co., 4%
Stores
12-22
preferred
Marlin-Rockwell
1- 3
'
1-22
Common
12-17
30c
$1.75
50c
-■
7% pfd. (quar.
(increased quar.)
& Co.,
-
12-27
$40c
—
'■
(Chas.)
50c
(increased quar.)
preferred (quar.)
Nickel
7*
*
Common
1-2-49
96V4C
Lehman Corp.
Leich
.
12-23
12-22;
$1
62%c
...
—
Lewis
80o
12-31
35c 1-15-49
30c 1-15-49
—.
3-22
12-21
25c
—
.
(quar.)
Lerner
4% % preferred (quar.)
—
$$1.12%
International Milling Co., 4% pfd. (quar.).
$$1
International Minerals & Chemical Corp.—
International
1-
(quar.)_
& Sons
preferred
12-17
42%©-
-
1
$3
—,
(quar.)„__—________
common
(James)
3.85%
i
12-15
1-3
Educational ' Publishing Co.—
$3.50 preferred
(accum.)..—. ....
International Harvester Co., common (quar.)
: Special
International Metal Industries, Ltd.—
Co.,
$2.50 preferred
Lees
5%
*
&
-
15c
*
4-
12-31
-$4
:
:
—
1- 3
Marine
12.-22
1-
Leath
-
1-15
37Vic
•>
.
international Cellucotton
V
.
(s-a)
Extra
1- 3
60c
Marion
2
12-15 (.
$$7
Maritime
1-
12-18
1- 2
(quar.)_____„—_—
(Toronto) (s-a)
12-22
$1
—_
preferred
6%
„
12-23
.
i
12-16
12*28
25C
1- 3
.
12-16
Trust Co. of- N>
- (quar.)__
Stock dividend .(one- share of common for
12-20
1
.
(s-a)
3
.
—
each nine shares- held)__v——
Maple Leaf Gardens, Ltdr——
!____
Corp., 5 % preferred (quar.)
Marchant Calculating Machine Co. (quar.)_
Marconi
International Marine Commuhica-
12-10
,
12-31
Marathon
1-
Ltd—-————T
(John)
12-
12-31
12-28
1-7
12-27
30c
——.'
Common
12-15
1-7
•
v
12-17
40c
i._
—
12-31
1-15-49
12-31
Manufacturers
'
12-15
20c
25c
25c
Manufacturers Life lns.i Co.
12-31
1- 3
________
12-15
6?^ noH-cum. preferred*(qUar.)™C___
International Bronze Powders, Ltd—
L
*'''"6% partic."preferred < quar.$37%c
International Business Machined—r
-Stock
1-3
-
12-20
12-20
50c
preferred
common.
12-10
3
145
25c
—
12-17
J75c
•
Coal
1-15
2Vic
—
Extra
Intercolonial
12-31*
10c
<s-a)
Interbanc Investors,,Inc....
Inter-City Baking, Ltd. (quar.)
7 %
12-31
1-15
$1.50
—
1-
$1
30c
,
.
..
50c.
Insuranceshares
^ Extra
4%
12- 6
'
Extra1
:
12-20
7
3c
12-10
—_—
* 12-20
1- 3
$3
" ' ' v
Shares_--_1__.__
.Group
1-3
3
1-3
(quar.)^,_,„-_-
$1.06%
—
12-27 ;
30c
$1,20- conv.
12-10
12-10
$1.12%
*'
12-20
1- 3
7%C
Mansfield Tire & Rubber
3
3
$1.50
Maxwell &-Moore——_______
Manning,
1245
3
t25c
Laclede Gas Light—.—5c
Laclede .Steel Co._—
1
50c
Lamaque Gold Mines, Ltd.. (irreg.) _——112 %c
Lambert. Company (quar.).—_——
37Vic
Lambton Loan & Investment (Sarnia, Qnt.)
,t$1.50'
1 Extra
t$l
Lamson Corp. of Delaware, com.
(reduced)
30c
6%
preferred (s-a)
$1.50
Lamson & Sessions Co. (quar.———
6Z%c
Landers, Frary & Clark (quar,)-!—
37%c
Lane Company
(increased)——
62%c
Lang (John A.) & Sons, "Ltd:-———t25c
Langendorf United BakeriesNew common (initial quar.)
25c
$1:80 preferred (initial quar.)—45c
Lawyers Title Insurance Co. (Va.)—
.
12-20
1-
12-24
12-28
1-
*25c
__w—~
Class' B
lr
;
Extra
3-1
1- 3,
,$$1
.
____
Institutional Shares, Ltd.—
*
12-16
3-10
2%c
11-30
12-30.
Coc (year-end)
Drug
Labatt
Insurance Co. of North America—"' "'!'■-'
*
Increased semi-annual
8%
1-12
12-17
1- 2
Ltd.!___
Central RR.;- 6% pfd.
Corp.,
(quar.)i.
(The) Company—
4%% convertible preferred (quar.)—
Manhattan Financial Corp., class A (s-a)
12-20
.
When
Holder*
Payable of Ree..
Share
m
53
Maltine
3
(
.
——
Machine
Ingersoll-Rand
-
12-17
12-17''
12-13
12-13
12-10
' 12710
12-10
Silica
4% vpreferred
^
12- 9
l- 3
Maine
12-20
1- 2
7V2C
Kirsch Qonipany, common
(quar.)
12%c
$150
preferred (quar.).—j:-,—T—
37%c
$1.50
preferred
(quar.l
i
37%c
Knapp-Monarch-Co. (quar.)-—„ 15c.
-Koppers Company, Inc.—
Oofnmon
(increased quar.)
50c
4% preferred (quar.)
—
$1
Kroehler Mfg., 4%% preferred A (quar.)—
$1.12%
Kroger Company, .6% ^lst. preferred_-i_i.i—•
$1.50.
Kuhlman 'Electric vOo,—.. •,, 7%c
Kuppenheimer (B.) Co. (s-a)—^
\
75c
Kut-Kwipk -Tool Corp., 6% pfd. (S-a)__1—^
15c
LaCrosse- Telephone Co. (quar. )-a—J20c
La France Industries, 4% pfd. (quar.) —20c
La Salle Extension University (quar.)
7Vic
-,
12-15
4-
common, (quar.)
preferred(quar.)
Year-end
12-14
2-1
1- 3
convertible
•Kinsel
12-21
12-28
12-14
50c
partic. pfd. (s-a)
Independent Pneumatic^ Tool Co., common—
•'.Voting trust. certificates——
Corp.—
preferred
(accum.).
preferred
2nd
convr
,
Mailman
35c
(quar.),—_
(quar,.)—.
preferred
Pefv
Name of Company
12-15
—'—.'25c
Corp.,. common
KtngspOrt Press, Inc. "(quar.)-.
Kinney (G. R.) Co., Inc.j common—,
1-10
"
.
'J 25c
$30c
50c
_
5 %
12-15
1-2
2- 1
.
Imperialle Fuels, Ltd., 6%
6V2%
4%
11-16
$1.18%
20c
lujhpls
r
4%%
12-11
12-31
1-
25c
&, Company
King-Seeley Corp.,
Hlinqrs Commercial Telephone Co.—
*$4,75 preferred (quar.)
In.diana & Michigan Electric Co.—"
1- 2
tlOc
—
Holder»
12-30
,
$4.50
■Extra'
•
$2
^Interim'' ,1-
_
,
,<■
Leased- lines 4% guaranteed (s-a)____!
Imperial Tobacco Co. of Canada, Ltd.—
Industrial Stamping &
(Walter)
Kimberly-Clark
12-15
—.—
(quar.)—..
Company,
Kerr Addison Mines,
.12-30
50c
'
:
B
(2729)
Payable of Rec,
Share
of Company
37VaO
preferred (quar.)_ ,$1.12%
JLtd.:
—
$3c
Keyes Fiber, 6% prior preferred, (quar.):—$1.50
Keystone Pipe & Supply, 5% preferred (s-a)
$2.50.
Class
Kendall
Kidde
Ideal, .'Cement Co.. (increased),—
Illinois Central RR.-—
Industrial
12-20
12-31
1- 3
preferred
.
Name
.12-31
Kelling Nut Co., 6% preferred (quar.)—30o
1- 3
Kellogg Co., oomnion (increased quar.)„^_-.
35C
Kelsey-Hayes Wheel, class A (quar.) _*_,—»
37Vic • ■'»!<- 3'
12- 8
20%
When
.
■
12- 8
$1.50
$$1.25
——
-
(quar.)
Ifydrq-Electric Securities Corp.—
I
Holder?
1- X
1- 1
12-31
FINANCIAL CHRONICLE
&
Per
Payable of Rec.
$25c
common-.-
6%
preferred • (quar.)
Huron & Erie Mortgage (quar.)
Huttig Sash & Door
5 %
When
Share
;
—
Co.,
COMMERCIAL
THE
1-2-49
12-20-
25c
4-2-49
3-20;
25c
7-2-49
25c 10-2-49
20c
56V»C
1-
3
6-20
9-20
6-20
9-20;
12-17.
1- 3
12-17
75C
12-20
,12- 4
50c
1-3
50c
12-20
50c
1-20
12-20.
12-
6
12-31
.
54
When
Per
'
Holder*
»f I'x:.','
f>,
FlNANCTALuCHRONlCLE
COMMERCIAL■; &
THE
,(£730)
* ■'
.
Per
■
■
When
»
Monday, December -27,
.When
Per
Holder#
Holder t.
'
Nam* of
*
Gompanp
;
-
v
Share
■
Minnesota power & Light,.- 5% pfd, (quar..)
Mission Appliance Corp.
Mission Corp. (stock dividend)—
One share of Mission Development $5 par
Pairubleof Ree.:
l6p'.
■
12-20.
Name of
v; ^
12- 6
.Extra.
,
three ;shares^ held
each
lor
common
$1.10
dividend
(quar.)--
Class
A
(initial)
common
—-—i.-*
-
Extra
12-15
3
12-8
12-30
12- 9
Extra
12-15
3
13- i
150c
12-24
12-13
Steel shares
10c
8c
12-31
1-
12-20
3
1-10
1
12-15
20c
1-
1
12-15
20c
1-
7
12-31
62 %c
1-
2
12-15
12-20
First mutual
12-31
1*
11-27
On
1-U
1-
3
—
A
7%
preferred
(final)
Nelson
12-15
New
1-
1
12-15
1-15
12-16
New
1-15
12-16
1-3
12-16
Plan. Bank
2
12- 3
1-
2
12-3
New
1-15
1-
3
12-
1
New
Jersey
1-3
12-
1
New
1-3
12-1
New
Orleans
1- 3
12-
1
t$1.75
1- 3
12-
1
15c
1- 3
12-15
59%C
1-3
12-15
Morrison-Knudson
Co.
(quar.)
I
12-24
New York Power &
New
12-11
3% % preferred (quar. >
$4.50 preferred (quar.)
New York Trust Co*, (quar.)
12-13
12-13
12-20
25C
quar.).
12-13
25c
1- 3
25c
.
12-15
1- 3
—
2-1
12-15
12-30
12-13
12
12-30
12-15
Common (increased
%c
Extra
f
$1.18%
*
$1^0
Co.
Aviation
Year-end'.
Biscuit
Co.,
Bank
Co,
National'Cash
American-
North
American- Car
.
12-28
12-18
12-15
North
12-31
North
12-31
3%
1- 3
12-13
806
12-27
12-15
12-29
12-13
12-22
12-22
1-14
1-14
2
12-
1-4
12-20
12-21
12-10
12-20
12- 8
Northern Pacific Ry,
12-6
Northern JPaper Mills
Extra
1-15
12-31
12-31
12-15
Northern
2-1
12-24
12-14
1-2
12-15
12-30
New
1-14
12-20
1-
3
1.7-15
1-15
X-
3
1-
3
for
1-2-49
1-
2
,
1-3
Corp,; A%■%!
pfd.
-J- 2
9
$1
-
t
—
4-2-49
—
12-
each
Nunn-Bush
(J.
(quar,)™.—.
.-
506
12-21
12-10
12-1#
12-16
Common
■
12- 3
12-20
12- 3
3
$1.50
15C
15C
2-
14-
1
3
Class
3
1-
3
12-16
12-20
12-10
12-21
•
1
1
12-10
42-28
12-10
30C
1-
3
12-10
1-
3
12-1Q
•2-
1
1*14
12*15
*,*
.
4.40 %
Ohio
preferred
3-15
12-15
25C
1-14
1-5
Ohio Service
com.
37 %C
12-31
12-22
Okalta
15C
12-20
12-
Oklahoma
a-
250
—
1
—
-
12-10
4%
1- 3
12-15
5 % %
1-3
12-22
15C
(quar.)—i—..
Corp., Ltd. (quar.)-..
12-22
$1
——
1-15
12-31
5©e
1-3
137 %C
1-15
12-15
12-15
Old
—
preferred
125C
1-15
12-15
Service
1-
11-24
3
12-24
12-
8
12-24
12-
8
12-31
12-10
the
12-15
Extra
Phoenix
12-22:
12.-10
12-22
12-10
1-1
12-14
.
Pierce
4
(initial).—.
(increased)
(quar.)
preferred (quar.)——,
Colony Insurance Co.
Quarterly
—Il'I
common
new
$1.25
(quar.)
.
-
I- 2
11-22
37 %6
(quar.)——
Co,_
12-31
12-10
tlOo
12-30
60c
1-31
— —_
206
1-15
$1.31%
—_
1-20
$10
i-
3
12-31.
12-17
Insurance Co. of America-
——
_—„——
amount
of
80c
200
12-20
12-10
20C
12-20
12-10
a
1-
3
1-3
12-27
12-31*
12- \
12-
r
12-
1'
I
f•
share
5% '■
•1-1
$142% ■' 1- 1
$1.12%
.
(quar.)__^
preferred
1245
91
91
1- 1
12-15
30c
30c
(quar.)
12-31
12-31
li-22'
1-3
12-14
25C
25c
A
11-22
62 %C
1-3
12-15
$2.50
=: 1-10
12-31*
93% C
i-
One
(s-a)
12-15
12-10.
1-3
12-14
$1
1-3
12-14
1-
3
12-15"
15c
!
.
Co.
1-12
12-31
$2.50
1-12
12-31
12-27
12-1T
12-27
12-17
456
1-3
,
(quar.)
Fashion 'Mills
(quar,)
,y:;
Mills,
dividend
at
the
1-15
53%C
•
rate of
60e
t
i
15c
12-24
,1-
7
12-15:
1-
3
12-20C
12-14*
12-14*
256
12-29
12-10
6%
6/100ths of
one
12-29
12-10*
1- 3
12-10.
$1.75
1- 4
held
"
(quar.)
7%\preferred:(quar.)_/
Pittsfield & North Adams "RR.
(quar.)-™.,
(s-a)
1240^
15c
Pittsburgh Screw & Bolt (quar.)_,__^__™_
Company
1-1
$1.75
share of each
Common
Pittston
12-20
20c
50c"
40c
(irreg.)
Pittsburgh, Fort Wayne & Chicago Ry.—
.
1
20c
Full
Stock
75c
$1
Co.,; common
% Extra'
■
'J! -I
Pittsburgh Forgings Co.__^--^_—
12-31
•
1-23
.
fractional
(No
$4 preferred (quar.)
Pitney-BOwes, Inc., 4%% pfd. (quar.)
Pittsburgh Coke & Chemical (year-end) i—
Extra
_22
;_2
12-15-
12-31
1-10
Extra.
Pilot
Pillsbury
7
•
--7* $1.25
Corp
Governor
5-31
12-
_
11
-
I
.
$1.50
-
12-
'
;[
1
;
(year-end)
;
12-22
i*" 12-11
12-24 "
12-10
12-31
12-19
1- 1
Issued,-but in lieu there-*
2nd
5% preferred
2-28
12-29
12-21
*
/ I.V;
-
Silk
(Albert)
Pick
11-30
$1
(year-end)
1-22
•
•25c fV
issued)
,
12-20
12-15
12-28
'12-28
'
r
,
12-10
1-3
held.
;
:
com-•
(Frac-
Philadelphia Electric Co., com. (quar.)___>
$1 preferred
fquar.')
2;
Philadelphia Reading Coal & Iron—
.
.:.J increased : ___2__-_^_2-—wkidL-d*.
Philadelphia Suburban Transportation Co.—
5%
preferred
(quar.)_.,
Philadelphia & Trenton RR. (quar.)__
•
Philco Corp.,. 3%% pfd. A (quar.)
Phillips-Jones Corp. (special.)_^2---2-t2^4-*—;
Phoenix Insurance Co.
(Hartford)
(quar.)
3
07 %c
(quar.)——'
in
noii-cum.
25c 3-21-49
41-
preferred
Extra
be
cash
12-22
1-
-
dividend-
stock
shares will
$1.25
St Electric,-com.
Gas
Old Line Life
■
—
Holding Corp.,
Oils, Ltd.,
75C
(N. Y.)—
(quar.)....
.
be
par
Will'be
25C 6-20-49
non-cum.
——
Common
$1.23
r
*
Ohio Water
—
12-31
$1.12%
;
common
12-10
Machinery..
12-20
1-10
8
shares
Philadelphia" Dairy Products—
256
pfd.
$5
.1. 2
25c
pfd. (quar.)_^__
Ohio Public Service, 3.90%
12-20
12-
$140
3-15
12-31
12-20
506
-
4-1
3
12-14
;12-20
$1
common—
$1.25
1-
12-15
3
1-3
$25C
Common.
1-15
1-
12-30
12 %c
l™
(quar.)
Common-
12-31
•
$4
$2
$1
_______
12-16
20 c
-12-20
1-3
$1.25
1-3
$1.50
tic
$5 .preferred (quar.)
$6 preferred
(quar.)
1- 3
$256
Corp,
Philadelphia Company, common
•
12-13
;
3-15
25c
will
1-1
$1
12-15
Co.,
shares
paid.)
$4.50 1st preferred
(quar.)_
common
1
25C
tional
12-20
16c
3
100%
/;-v*
two
each
-v' 35c
(quar.)™
1
Match
for
mon
Carlisle
of
12-31
25c
1-
Ohio
share
1
common
prior
Ohio Leather Co.; 5%
One
$1.50
(quar.)__preferred (quar.)„_
5%
;
1-
,
;
••
^Rubber (1st liquid, distrib.i—*
Pharis. Tire
Of
(quar.)
12-15
12-20
12-27
ipe.
-
—
1-15
(quar.)™
4-
Manufacturers & Stores
(quar,)
Motor Bearing (quar.)-—__
Paper & Type (stock dividend)...
Co.
Co.,
; ■
Mines,
12-31
(s-a 1
$1.12%
-
(quar.)-
Co.
1- 3
ia-27
10c
<
250
common (quar.)
t
preferred: (quar.)
p $142%
Petroleum Corp: ;'of American■
45c
Pfiaer (Chas.) & C0.r 3%"% pfd. (quar.)™_
87%C
f 1-18
93%C
'
Milk CO.,
$1.20
.™._^
53c
.
4% %
•
(quar.)—.j—
preferred
4%%
12-15
3
f
806
(quar.)
$1,12%
$1.25
PerrOn' Gold
•' v',
17 %C
'™_—
Finance
12-31
(quar.). "
(quar.)
*1
12-31
12-10
*
<12-6
1-20
•"
.
.
f
Jr
12^.7
12-31
•"42*10
$142%
preferred A (quqr-.)ji^-u^L,l..>l,_^
B (quarr)u__u
.«■
•
B
Co,,
12-20
■
*
1-15
12-20
■
;
"*j
12-20'
•
,1-17
12*16.
1-3
$1.25 '
preferred (quar.)
'
12-27 -lJ-iS
Peoples Drug Stores (increased quar.)™™"' rv' aoc
,*,12- 8
'$1.50
12-22
Peoplea Gas Light <&, Cok^-_
^
j1-15
12-11
Peoria Water Works, 7% preferred'(quar.)
'i; 1- 3
$1.-76
10c
12-20 -J 12-1Q
Pep 'Boy$ * (The)1 (irreg.
•r- 3
*"200
Perfect Circle Corp. (quarr)^-^-^—^-,—
12-10
Perfection Stove!C6. (quar. >„_
12-24
12-15
37%'c
•
class A
Co.,
Edison
Ohio
1-10
1
Brass
--250
3*
(Minn.)—
Oglethorpe Fund w-—
OgilVte Flour Mills, Ltd.,
20
(quar.)
*———-
(quar.)
Co.
••2i"4";
50C
j-
-
147
2-13
,.1,
87 %C
■
*.
2-15
v
$5.50
Prior preferred
42-28-'42-l0
7 $1:50
■
12-1$
$5
38of
156
.i*
(increased)
Candy Co.__._
Oberman & Co., 5% pfd.
Ohio
12-
Shoe
-v
Pet
1-7!'
12-22
1-
(accum.
(voting -stock
(hon-voting- stook>^___^_^_^_^-
Common
;
pfd.. • (accum;)
comv-T,
12-31
1-
3%%
•
Prior
—^
Telegraph
preferred
com*
-12-2'0-V' '• '12-10
12-3
-12-17
".26c 8-15-48
50c
pfd.
—
12-
12-31
12-29
ivi
.
75c
Compahiy—
C.)
Penobscot Chemical Fibre -COr—
Nutrine
3
12-20
—
Co.
7%
1-7
7
4-21
;
*22%c
.'•
Pennsylvania- Water &- Power,
12-23
12-16
•
;
4$1B0
12-17
-3
12-11
V';i $75c,*
12-27
12-23
12-29
12-23
-
it-io
preferred A .(quar,
Pennsylvania Telephone, $2.10
3
12-19
12-31
50c
«;
12- 9
1-
12-20
12-29«
■■
$45c
(qu*r.)_
12-6
5Cc
12-1512-31
1-14
62 %C
(quar.)_
1Z-2T
(quar.)
.12-18
12-31
•
$1.50
-
2
12-28
25C
$1.50
c
12-31
1-
$37
20c
12-20,
1-15
25c
$1.25
20C
12-20
506
Norwich & Worcester RR. 8% pfd. (quar.)_
Nova Scotia Light & Power Co., Ltd. (quar.)
12- 3"
12-20
common" (quar.)..
National Safety Bai«k & Trust Co.
Special
12-
'
(quar.)
preferred
Northwestern
12-14
25c
preferred (quar.)..
preferred
(quar.)preferred (quar.).——
——.
preferred (quar.)...
Car
12-15
•y\
Pipe *Lii)e*-Co}—
37 %«
(initial)-,
preferred
3%%
12-14
;25e
4%%
4%%
National Standard
12-15
1- 2
j
Pennsylvania Power Si Light, oommon-^;_*
4% % ^preferred ■ (qilar.)
Pennsylvania Salt Mfg. Co.—
' >
12-22
12-27
20c
Power
States
preferred
$3.60
12-10
5
115c
._
Co.
preferred
$6
-
common,
$4.80
12-31
1-
137 %C
(quar.)
share
Cooker
1-14
2
-
Extra
5%
Mfg.
National Shares Corp.
"12-10
;
C017).—
———
12-20
15c
held)
&
,
12-10
:
12*-:;2
4%% convertible preferred (quar,)___i^i.,^i2®%0;n>l2f28;j!»?'12^14
4%%
preferred- (quar.),
22%c:-12-14Northern Natnral Gas Co. .• (increased')
;
12-10
130c
common
Co
12-20
60C
-
12-3
12-3
12-20
;
Corp,^
12-10
115c
6% preferred B (quar.)
Screw
Ltd.
Oil,
Illinois
1- 3
12%C
...
Extra
Pressure
1
1-
■
'
-
1- 3
50c
(increased quar.)
Radiator
.
25e
Northwestern Leather
Hosiery Mills, Ltd., class A (quar.)
Rubber
12-20
2-
50C
*
(year-end)——-
Ltd;
406
Northern- Indiana Public Service -Co.,
(Hartlord) —
common..
National
3
-/
:
40c
Northland, Greyhound Lines—
(reduced).
National
12-17
12-30
Pennsylvania Bankshares. ^ Securities v " '
'* :
:;°*j
Corp.- (year-end),
-75c
Pennsylvania Coal As Coke...
4r-*
50c
Pennsylvania- "Engineering- (year-end)
- 4:
25C
Pennsylvania Exchange Bank (N. Y.) (s-a)i.
40c
Pennsylvania Glass Sand Corp., com. (quar.)
40c
5% preferred (qUar.)._^_u——
$1.25
Pennsylvania Industries, Inc*-— ■
t-15
Extra:
Northern
7*
$1
Grocers, Ltd., common
preferred (quar.)....
National Lock Co:
:
North Star
12- -7*
75c
_
Co.
(quar,)
3..
1-
30c
f.
1-15
Investment Corp.—
preferred
(accum.)
;
v$4.60
.12-26 :-11-20
preferred, (accum.)12-20r 11-30
North American Raycn, class A^^_____•?. '.7-fiww.1- 2 v 12-20
Class b
-w——-12-20;
North American Refractories (quar.)^ ^1-5: ^'12-27
12-10
12-28
80c
_
Inc.,
Service,
1-
$40C
^
:
American
600
_
Linen
12-30
9
$1.25
(quar.)
6ya%; preferred.—•
Corp., $3 preferred
Penney
6%
12-21
12-
25C
Co.
(one
1
Co
Finance
$1.75
Quarterly
dividend
$4
20c
Telephone Co.— r"
Common (quar.)
$r preferred (quar.)
Penman's, Ltd., common -(quar.).,
12-17
'
87 %8
American
10%
II
National Enameling & StampingNew
common
(year-end)
Co.,
2-
««k»-
Corp.
American
500
(year-end)-
City Lines (extra).
$4 preferred A (quar.)™.
Lead
$1.25
,—«.»,
preferred
25c
—_—
■
Gas
12-17
12-
Peninsular
12-15
2-1
Inc——
*
50c
National
Fuel
12-17
12-3.0
i2-3r
•
—,
$6
$1.25
(increased quar.)_™Aviation, Inc
$50C
Y
(initial)
National Glass Co.,
12-30
i-—
Peaslee-Gaulbert
,
1- 3
,12-24
1-15
12-23
$2.50
pfd.
preferred (quar.) ^.£*.—,3——a:
Producing & Refining Co;
Pemco
-d
8c
Extra
Corp.
1430
N.
Register Co.
Insurance
12-17
1
preferred
prior preferred™
North
12-15
12-24
400
,
1
12-23
100
National Casket Co.. $7 preferred
(quar.)
National ■ City Bank of N. Y._„__
Fire
Electric
convertible
1-15
400
,
(quar.)_
common
of
dividend
Steel
$3
12-27
1-15
25c
—
—
(resumed)
common
National
North
"200
.
common—-.
Breweries, Ltd.,
(quar.)
Can
National
12-24
12-20
40C
National
National
12-24
12-28
12-28
93%e "v- 1-
—
Bronx
National
1-3
-
v
5%%
1%■ preferred
National
12-10
(stock dividend)—
—-1-
12-31
35c
;
_
——
National
National
Extra'
75c
(quar.)
Inc. (Md.)
Fibres, Inc. (extra)
Corp. (irreg.)
National
5%
12-10
l-2r49
...
;
Noma
4o
70c
—
Automotive
5%
12-20
60c
—
•—
Common
1-1-49
12-31
15c
30c
,12-23
Companies? common (quar.)--—$1/ .-1-15
preferred (quar.)
50c
12-24
Paramount, Pictures (quar.) _—^
.Parmelee Transportatien'
■ r;T2-2R"
Paterson & Hudson River RR
———
;
$1.25 ; -1-15
additional share of-common sto6k-($5
Noblitt-Sparks Industries,
$1
ccmmon_.
Bros.
&
National
National
1- 2
50c
-
(quar.)-
7Ya%
guaranteed
(s-a)
Nation-Wide Securities Co.,
.
12-10
37%c
Fund
Inc.,
Eastern
-
'
12-15
50C
(irreg.)-.
Express
4%
-
for each Share heldr to effect 2-1
split up.
Subject to stockholders ap¬
proval at meeting Dec, 22._^^_-—
12-15
12-20
50c
(quar.)(year-end)__
Nasb-Kelvinator Corp.
Nashville & Decatur RR.—
:::
~
_
Corp.
%
'
12.-27
3
1-
.
Paraffine
;
WW,
t-T—
4
1
12-31
50c
■
12-15
»•
*
1-14
..
f,
(quar.)m
:
12-11
1 /
SI
Panhandle
par)
12-17
12-31
$t
'
r
3
400
—_
Investment
Myers (F. E.)
..
1-
120c
quar.)
Muter Company (year-end)
Mutual Chemical. 6% preferred
Mutual System,
6% preferred
'
-
12^28
2-1
1-
'
preferred (quar.)
Murray OhiO Mfg. Co. (quar.)
Year^end.-—
•
Nineteenv Hundred
One
4%
Stock
1- 6
$40c
Nichdlson. File Co.
•
Company, 5% pfd. <quar.)_i_^-Pan- American Investment- Fund? Inc
■
12-15
97%c
Tubes,
Page-Hershey
*
,
12r!7
12-23
37 %C
—
; '' Pal Blade
12-10
3
12-27 ;
:
; 37%c ?
Consolidated. (resumed)
Tin
Increased
Year-end
1-20
12%C
3
1-
$1.. vs
6%
'
1st
*
12-17
:~:'f
$1,50
$1,50
12-31 * '.12-31
93%c % 2- 1 ;*'v: 1-17
(quar,).__
93%c
Newport Industries, Inc.
4 V4 %
preferred
(quar.)
Niagara Hudson Power Corp.—
5 'k
1st preferred (quar.)
5% 2nd preferred series A (quar.);
Niagara Wire weaving Co., Ltd. (quar.)
12-13
12-27
.
30c
12-21
.
12-13
12-20
$3.50
$3.37%
*
Pacific
•?
12-22" '
1-
93%C
#1.12%
."■■
Intermountain
Panhandle
$1.50
3-15
50c,
Pacific Public Service (quar.)
——
Pacific Telephone & Telegraph Co., common
'"■■/■'f Q'/o preferred (quar.)™
—
6
.",-12-21
1-15
preferred (quar.)
Newberry (J., J.) Co., 3%% pfd.
Newport Electric Corp.—...
03.%C
.3% % preferred (quar.)
12-20
12-
1-3
6
12-20
12-
12-11
12-37
12-
$2
2
3
$6.50
506
k v
Co. (OhiO),
Pacific
7
1-
$1,18%
12-20
■
6
1-
lr3
Newark Telephone
Co.—
(G. C.) Company
4%% preferred (quar.)
Murphy Paint Co., Ltd.™
Murray Corp. of America-
.
Pacific Portland Cement,
6
B1
:
(quar.).
-,L
convertible preferred
(quar.)
National
Pacific Lighting Corp. $5
12-13
25c
—
Class B
12-15
12-
5%
National
1- 3
12-24
3-30
1-
10c
1-3
12-
12- 6
42-20
-75c
..
12-10
.'■*
12-6
1
12-30
H
(year-end)
—
" 5%
preferred (quar.)_——_™___—
Pacific Indemnity Co. (quar.)-i—
12-16
12-31
*
12-8;
fcorp. of California—
12-31
1*17
1-5
2nd
Finance
406
12-20
Common
$1.50
State
3 *
TOO
12-24
Murphy
National
lr*
6
12-. 8
10C
preferred———>———
preferred
1st
non-cum.
Pacific
12-31
1-15
12-
*
1- 2,
1- i #
$$1.25
common-^.-
506
....
12-10
Co.,
$1.50
—......—.,
Light, 3.96% pfd. (quar.)
Electria & Gas Corp.—
Coast
$4
12-15
25C
pfd." iquar.)
Munising, Wood Products Co., Inc.—
National
.L.
;
*
12-15,
1.-2
•
*U5c
.
T'''
12-20
$25c.
C0._——
$5- non-Cum.
12-20
3
-
12-29
—
(initial
Extra
National
(accum.)
12-20
-
Munising^ Paper, 5%
New
preferred A
New
$1.25
CO.—
common
Stock
3
$1.25
—
York
5
1-
56 %6
1- 3
1-20
1-
1-
'
Manufacturing
National
1-14
York & Hariem RR, (s-a)
New York Honduras 8s Rosario Mining Co»^
—
:
Brass
Special'
Pacific
$1,12%
common.
12-15
(initial)—I—
common
National
Service*
12-13
30c
preferred (s-a)_.
$6.75 prior preferred (s-a)—
Extra-'
12-31
$1
12-23
—-—.
Year-end
Mutual
1-15
75c
eoc
7%
■
Pacific
50C
Inc.
„•
'■
Pacific
$1.06%
12-30
Special
;
Mount Vernon-Woodberry Mills, Inc
■
Public
Year-end
•'1-
$1:50
Common
4%.% preferred (quar.)
New Process Co. (year-end)
—■
New York Central RR. Co. (resumed)—....
N. Y, Chicago & St. Louis- RR.—
-
6%'
Pacific
Pacific
l-
13C
4% pfd, (quar.)
pfd. A (quar.)...
$4.25
12-23
Additional
New
Water,
$1,75
(quar.)___
12-31,
Prior
*
12-17
NeW Jersey Power & Light,
12-16
12-15
206
(s-a)_™_^-^._^__._-
$1
(extra)
Motor, Finance, .$5- preferred
Products Corp.
Mullins
Co.
$1.50
Motor
Mueller
Haven Water
59%c
-iquar.)™
12-15 '
12-31
12-6
Jerse'y Zinc (year-end)
f$1.75
preferred (quar.)_
Haven)
Pacific
.
25C
(New
.12-10
r
(year-end)
^
preference (quar.)
—
Associates, Inc.—;
. ■■
preferred (initial "quar.)
—
Atlantic Telegraph Co. (
Car & Foundry (quar.)
^—
Gas* & Electric iquar.);
Coast Aggregates, Inc.—_™—-—
$1.50
12-17
12-31
206
175C
; Extra
™——
Morrison.-Cafeterias Consolidated, Inc..—
7% preferred (quar.)
•
12-15
—
145c
Morris Paper Mills, 4% %
New
(quar.)
1-
(quar.)
12-27
f 10c
preferred (quar.)
New England Telephone & Telegraph.
NeW Hampshire Fire Insurance Co. (quar.).
New Haven Gas Light (quar.)—
12-15
12-20
12-20
Common
5
—
150C
_i
.12-27"
15-.
•
BfeWing
$136
Calumet
130c
—
Pacific-Aniericah Investors, Inc.— ■'
12-23
Co.
170c
Telegraph Co.
(year-end)
Ltd., common (quar.)
Motorola,
Machine
Mines, Ltd. (initial) _—
New England Electric System (reduced):
New England Fife Insurance Co. (quar.)
New England Gas & Electric Association—
12-31
Pabst
1-31
1-31
12- 7
2-0
(Herman) Corp.__^_—_-^__.—_
Britain
1-31
25c
Stock dividend
4%%
43C
.-.-.$1.
■ [ s,
10'C
2-15
1
Jiff
1-14
--,1-14
-3-15
$1.12%;'
preferred
2-15
T-
12-20
12-15
425c
& Power Co.* Ltd., com.
(quar,)—-—
Oxford Electric Corp (resumed)—-—-—
5%
256
(quar.) ..._^_™
New Brunswick Telephone Co., Ltd. (quar.)..
Moore
Morris
12-17
Common
7% preferred A (quar.)_
7% preferred B (quar.)
Drop Forging, common
(quar,)
4%% convertible preferred (quar,)——
.
12-15
1
$1
•
preferred
2
50c
—
2-15
12-20
1.2-31
.
1-31
10%
1
1-
—
2-13
2
1-15
;
LiVhtTHeTfi
Ottawa
1-31
35c
■
„
issue being
Dec. 31 at $40
Increased quarterly
Extra
—
4%
quar.)..
3
entire
on
1-31
17 %c
1-
u
—
2-15
1-
.
(
350
(quar.).
Corp.
1-
—
share plus this dividend—
Montreal- Locomotive Works, Ltd.—
.
Co.
(reduced quar.).,..—
Nekodsa■'Edwards Paper (increased
Ltd.
redemption
Moore* Corp.,
Extra v-
National Uriion
V
$2
$76c
(quar.)
Extra
7%
preferred
9c
shares—
shares
Fire Insurance
$1.05
per
Montreal.
1-
12-10
&"
Be
shares..—
equipment
trade
$1.75
—
called for
Retail
20c
(quar,)—
Cottons,
1-15
group series
Railroad
12-17
1-3
^—
87VaC
„_„
2-15
10c
...
2-13
126
156
80
series
series
Railroad
:
Nehl
62V2C
(quar.)
1-31
12c
stock
Stock
,
11-30
Class
estimates
series
Selected
12-10
12-lj)
J25c
Preferred
12-16
12-20
-4%% preferred (quar.)—™-————— 1$1.12%
Monarch- Life Assurance Co. (Winnipeg) —
Semi-annual
■t$1.80
Monongahela Valley Water. 7% pfd. (quar.)
$1.75
Auto Equipment, 5%
pfd. (quar.)_
Monroe Chemical Co., $3.50 pfo, iquar.)
fund..—
preliminary
12-31
12-31
shown;
Balanced
-
11-30
Monroe
trust
following
1-15
10c
$1.50
Oregon
*
,125c
—
the
are
12-20
1-31
91.12%
(
Orange & Rockland. Electric ,;- >
'V"'.
4%
preferred
(quar.)-:-r_jr^-;^™--.-u--.
American Lumber :,(year-ond);-^^-a_
Oswego Falls Corp.;, ,4% % preferred (quat.)
Otisr Elevator Co., 6% preferred (quar.
Ottawa Electric Ry. (quar.)—
--4----<—
12-31
,
(quar.)
12-31,*
12-31
12 %c
preferred (quar.)—
Montgomery Ward & Co., com.
..'Extra
1-15
'■:;
12-31
-
Common
■
12-3 i
12-31
6c
Shares
Steel
12-31
1-15
1-18
9C
,»
$4.20
1-15
6C
8c
3
Montreal.
7c
lie
12-23 w
12-31
■
convertible^^^pveterred-(quar.) i';
125c
11Debenture;Co._^--_—.>.?4$lr;25;v,.3
Products^COv^Ltd.^^Vvv.v'1"^.'--
Loan
Ontario
-
12-31
1'
Participating
Ontario
distributions;
such
12-23 ;
12-31
10c
..
Oneida,
^
Metal
$1
common
Corp., 8% preferred (quar,)—
Ltd. (oktra)
Ontario Beauty Supply; Co-., Ltd—
-
Payable of~Re c.
306
'Omnibus'
-
6
Automobile shares
150c
Utilities,
12-
12-20
1-
Montana-Dakota
12-20
12-21
12-20
1250
iquar.)
■
1
20c
commir.
2-4
12-30
160 '
*'
estimates
are
Low-priced bond series
Speculative series
Low-priced common stock series
:
2-15
25c
*,47%e/
a-
:»
v'2-r 4
1-
America
Ltd.,
below
2-15
.
1-1
125c
Knitting
M
V — —
Bond series
:?
12-15
1-
shown
amounts
of
12-14
i- 3
$2
♦—-j—...-
Molybdenum Corp, of
'
3
12-20
The
Terminals
v
Share
v;
'G7in:.lndnstfbS."'4#:,preferred :A .(quar:)
iii:
Oliver Corp,; 4%% :preferred (quar;)_
Omar, Inc., common (quar.)T.--—-—
1.7 6% preferred■ (quari)^-2_-4^^-r----—-
t\
12-13',
f- 2
'
37»Ac
$1.22%
5% preferred (quar.)
.—
Molson's Brewery, Ltd. (-quar;)—————
Monarch
I-
75c
1750
(special)
common
1-
20c
„
,*
-
Mojud Hosiery Co.,
B,
1-3
25c
Carpet Mills (year-end)
Petroleum Corp. (quar.)
Mohawk
M
National Transit: Pump
National Tfust Btlnds—
n.i%
(quar.)_:_—_™;—_
Modern Containers, Ltd,,
Mohawk
A*
(quar.)
Gorp.J._w_-li^...«w^.._
Machine - Coir»*ij.v
, .
.
.
V
$1.15
,
—
—
preferred
'
preferred
National
12-31
—y
Mississippi Valley Barge Line (s-a)
Missouri Portland Cement (year-end). ___—
Mitchell (J. S.) Co., Ltd. (quaf.).
Mobile & Birmingham RR., 4% pfd .(s-a)_ V
Mobile Gas Service, Common (qu«r.)__
4.90%
3.8%
:
12-14
1-15
12-13
12-16
53%c>
(quar.)._.._
12-27
"
12-27
^—
preferred
50c
2fic.^
0/Company r
Hame
Old Town Ribbdn' St carbon Co;™_^-™—
/
1-212-13
400
'
*,.
-
$l,12%
*i'4kiiii±i>Lsr
4y<%
12-23
1-3
•■v;
i
25C
■.— .i.—u.——
Mississippi Power, $4.60 preferred
Mississippi. Shipping Co. (qu&r.)-.
Stock
12-10
12-28
Mississippi Glass Co.—
Year-end
(increased quar,)
a
...»
preferred fquar.)"!
National' Tea, common^(extra)
$2 in cash. Subject to approval by SEC.
Mission Oil Co. (j£Cansas)^___>iJ„^_-r.„„»^i.^
■
—
11.
Payable of Bee.
feOc,
.1*-
4%%
or
-
"Share
Company
National-Sdgar .Refining..
National Supply Co., com
$1.25.
...
-
;
*
12-21
11-29
30c
•
12-21
11-29-
$2.50
1- 3
50c
12-30
12-17,
1243
'
Volume 168 ; Numberv4763
1
'
■
r
111
1
"r
i
v
i
!
^
'
-
THE
•
r
.'r>*
-
When
Holderi
Pleasant
Valley Wine^_~'-—-r—,—_
r_.
10c
Plough,-(Inc.
-;.J5c
Plymouth Cordage Co.,1;. common—60c
Employees
stock
:
—
1-
•.
3
v
12-20
Oil< Co. • (cash dividend))
(quar.)w 50c
dividendV■ / *2 %
Pojaris Minlg. Co/ (quar.—
•
.-5e
Port
Huroq Sulphite & Paper Co.— ./'•/-i-' ;V'"
;
-
43A7*
;
12-
$2.50
,
5*
12-20*
2914c
—
&
preferred
Cotton
Co.,
1-
12-20*
Ltd.,
1-
12-20
1-
12-20
common
(quar.)_____/.--i.—
Mills,. Ltd.
*62'Ac
(quar,)_^
&
Ltd._—
12-31
'.Q0mmon...:tquar,-),\i„_v__>%^c-v^/.w4.AJ_-ai"-/.'vvi0c^
47o
Porland
Porter
(quar.);.
K.)
$1
(quai\Kl__;-__—
45c
1-15
-62Vic
Electric
,<•.
Co., Inc;
Portland
Transit
Portland
1-
Woolen
3.60%
preierred
Corp.
(quar.)
Canada, Ltd.—r
.-,
/Common- (interim)
6% 1st preferred (quar.)———
•
6%
non-cum.
Pratt •&
Steel
Preston
East
Prfce
partic.
Lambert,
Prpssed
Bros.
preferred
pfd.
Proprietary
Mines,
«V*
1-2
12- 1
1-15
12-24
Royal
/I7V2C
12-20
1-
*3c;
12-
3
$2.50
12-31
12-13
RR.—
Trust
&
_
Co.
(N. Y.)
Service
Public Service Co.
preferred
Publication
&
Gas
preference
of
Co
_______
35c
common
5%
•
•
12-20
12-
1
voting
common
1-
$1
_____
3
12-15
(quar.)__
50c
12-23
50c
12-23
12-9
12-23
12-
50c
12-23
12-9
(quar.)__/_____:$1.75
1-3
12-17
Pilget Sound Power & Light—V* '
./ •
W5 prior preferred .(quar.$1.25
1-15
St:
12-9
_______
(quar.50c
Extra
,
•;
.__
pommon.. non-voting
; Extra 7—>
.77*
original preferred
Ptiget Sound
Pulp & Timber
(quar.)
Pure
Company,
Purolator
5%
Products,
Pyie-National .Co.,
'
•
pfd.
Inc.;(quar.)
conv.
common
,
$1.25
(quar.)__
;
(quar;)__
Quaker
6%.
Oats
(irreg.)
common
Manitou
Quebec
Power
Radio
$3.50
Mines,
Radio
Keith
1st
Co.,
Gas
Co.
50c
partic.
Real
Estate
class
Title
Insurance
Real
Real
of
" 5%
,
Stores.
Corp.,
4%%
Philadelphia
preierred
Reed
Drug
Class
Reed
A
Bit
Co.
Reinsurance
Reis
Corp.
Reliable
Stores
Reliance
Grain
Reliance
-
Mfg.
3 'A %
Co.
(s-a)
1-10
.
12-15
3
11-30
12-21
,12-10
2
12-17
1-13
12-23
1-
'■$2
2
1-
12-15
1-
1
3
; '
12-31
12-31
12-20
Securities
12-30
$2.60
1-
1
12-20
1-' 2
11-29
30c
12-20
2-
12-29
1-
2
12-
2
10c
12-31
15c
_____
12-
12-22
31'Ac
1-
$25c
2-
1
(quar.)
5%
dividend
Class
3.60%
4.50%
Industries,
Convertible stock
1-15
;
Rhodesian
Selection
Rice-Stix Dry
Common
7%
*
1st
12-31
12-28
Seton
12-15
Common
9>
5'A%
1-3-49 ;
12-
9
1-
1
(year-end)—
60c
10%
.$1.37'A
(year-end)
preferred
»
2nd
preferred
River
W.)
,$1.25
4-
l
"7-
1
6-15
$1.75
■',11
10-
1
1
1
-7-1
$1.75
10-
1
■-
'75c
&
dividend
Potomac
1- 3
Mines,
12-16
&
Co.
Simplex
$3
(quar.)
Company,
Inc.,
Corp.
12-22
'1-10
12-29
3
50c
12-29
prior
67*
Smith
(L.
C.)
Smith
12-17
(A.
5c
Mines,
Smith, Kline
12-20
12-
4
Smith
2
________
12'Ac
12-22
II-17
Corp.
&
/
1
1-
3
12-10
12-10
1-10
Solar
Brand
Aircraft
(s-a)
(increased)—.
Mills,
l/10th
47*
1-
12-
3
3
3
12-10
12-15
12-22
12-15
12-24
12-16
12-24
12-10
2-15
1-15
12-29
12-17
3
50c
12-20
(Pa.)_.
1-
3
40c
2-
1
50C
12-29
12--15
5 Yo
12-24
12-10*
12-14
1-
3
12-15
1-31
12-31
*50c
1-20
Co.
(quar.)
15c
1-10
1-15
1
2-
1
12-15
12-15
77*
11-
7
2-
1
1-
7
1
1-
7
12-28'
12-15
3-ll'
2-25
2-11"
12-2#
,1-28
12- 6
12-20
12-
12-30
12-20
1-
3
6
12-16
57*
12-31
12-15
15c
12-24
12-10
12'Ac
1-
3
12-15
1-
3
12-15.
57c
1-
2
12-17
56c
4-
1
25c
(quar.)_
1-
8
3-15
12-16
12-24
12-
43 %c
12-31
12-15
25c
6
1-
3
12-20
3
12-20
25c
1-
20c
1-12
1-
3
15c
1-15
1-
3
11.1%
12-21
12-
8
'
15c
pfd.
conv.
(quar.)__
common
1-
3
12-27
1-
3
12-27
1-15
12-31
*12'Ac
25c
2-
1
1-19
$1.25
(quar.)
share
a
Sun
(stock
each -share
div.)
1-
3
12-20
107*
1-
—
held.__
(quar.)____
Gas
Co.
(stock
12-27
12-31
12-10
3
12-23
62y2c
preferred
(quar.)___
com
12'Ac
10c
(quar.)
$1.12
12-20
12-
dividend)..:
11-
1
3
1
12-29
1-
3
12-15
12-15
12-17
12-17
107*
Sundstrand
Life
Machine
Insurance
4»/4%
Tool
Co.
(Canada)
(quar.)__
common
(quar.)
A
4y2 %
convertible pfd, series
Sunshine Mining Co. (quar.)
Superheater Company
B
12-14
12-24
12-14
12-20
12-10
*$5
1-
25C
(quar.)
series
preferred
11-30
12-24
25c
(quar.)
12-30
50c
50c
Corp.
Extra
Sun
1
1-
Corp.—
Drug Stores,
A
12-15
1-
75c
(quar.)
Corp.
3
50c
50c
(year-end)
preferred
Oil
for
preferred
Corp.
Chemical
$4.50
com.
1-15
26 A
(quar.)
quar.)
1
12-16
12-
1
c
1-
2
12-
1
2eyBc
1-
2
12-
1
15c
(increased
50c
12-23
12-24
35c
12-24
*$1.25
1-15
11-19
12-
12-
2
2
Supertest Petroleum Corp., Ltd.—
Common
$1.50
(year-end)
preferred
(s-a)
*75c
Sweets
Corp.
Co.
of
America-
12-17
1-
3
12-15
1-
3
12-15
1-14
12-30
25c
25c
&
Company
Electric
Products,
preferred
Sylvanite
Gold
Inc.,
common.
(quar.)
Mines,
(James),
Inc.,
Extra
preferred
1-14
12-30
40c
(quar.)
Sylvania
4'A 7*
1-15
25c
(quar.)
Extra
Swift
1-13
25c
Steel
Year-end
1-
12-
35c
$1
Ltd
common
—;
(quar.)
1
12-20
1-
1
1
12-10
12-20
10-30'
*1%C
(quar.)
.
7
*
1st pfd.
/
12-15
2-
50%
(quar.)__
Propane
12-31
20c
Inc.
preferred
Summers
$4
•
2-
87'Ac
& Company
Studebaker
Superior
Ltd.—
(quar.)
3
25C
(quar.)
12-15
1
*50c
Inc.
of
(S.)
Talcott
Clothes,
1-
12-15
35c
(extra)
(stock dividend)
Coke
Sunray Oil Corp.,
12-22
50c
3
50c
convertible
Sunbeam
1-3-49
12-31
20c
:
preferred
Stromberg-Carlson Co.,
1/
3,
&
preferred
1
12-29
I"
1-
!12-31
6
15c
12-
1-29
1-
12-17
*75c
______
Extra
12-
12-31
12-31
$3
:
Typewriters, Inc
French Laboratories
&
(quar.)
Corp
Mills, class A
Shop,
Sun
$1.25
Iron
&
12-10
$1.25
12-29
*75c
(quar.)
:
Coal
12-20
$4
(increased)
(Howard)
Society
Ltd.—
A
& Corona
Paper
Common
(quar.)
$2 preferred
(quar.)
12-13
2-
50c
(quar.)
class
Steel
O.)
4
^
1-10
1
12-20
Corp.—
preferred
12-
1-
12-22-■
10c
(quar.)_„
(quar.)
preferred
12-20
$50c
12-15
CO
5 7*
Corp.
10c
—_
1-3
I-*
20c
Sloss-Sheffield
12-17
12-29
Oil
Stop
$5
12-31
1-
12-
12-20
5c
(quar.)
:
Press, Ltd., 5%
Strawbridge & Clothier,
1-3
20c
:
Sloane-Blabon
12-17
12-29
1-2
*$1.25
Manufacturing Co. (special)
Skenandoa Rayon, 5% pfd. A
(quar.)
12-15
1-
$1.25
,.
12-15
12-20
12-30
-
*15c
A—
Dairies, Ltd.—
(quar.)
Corp. (quar.)
dividend
Year-end
12-14
50c
—
Paper
Products
Stovel
12-21
12-31
*25c
Singer
$1.25
common—
Silk Mills,. Ltd.—.
participating class A (quar.)
shares
12-29
20c
(quar.)
!—_•
Copper
12-22
Sinclair
12-24
12-21
*30c
Simplicity Pattern Co.
57*
Riverside
Antelope
12-22
12-29
5c
—
Paper
12-22
12-29
5c
.
-—
Raisin.
12-29
$4
vl_
12-21'
3
*25c
12-27
12-17
75c
Container
25c
(quar.)_„
1
t$l
dividend
35c
(year-end)
Ltd., class
Dairies,
preferred
Aluminum
Stonega
2:
Western
preferred
Stock
—
Ltd.
Silverwood
Stone
1-17
12-
1-15
*$1.75
12-22":
12-17
1-
5c
Engineering Co.__
Stores, Inc. (quar.)_-/./i.______
Bros.
Sterling
Suburban
(quar.)—
Ltd.
Silverwood
6-15
9-15
3
*2c
2-
12-29
12-27
$1.25
Products
Strook
(quar.)
Breweries,
Special
Sigma
$3
(extra)_____—
11-30
*20c
Co.
Sick's
RR.
obligation—
12-
12-20
1
12-24
t$l
Year-end
59 %c
.___
3-15
$1.75
—
12-22
,
12-10
1-14
25 c
^
Stokely-Van Camp, Inc., common
57* prior preference (quar.)
1-
12-10
*15c
Stix-Baer & Fuller Co.,
3
12-20
1-28
$1.25
12-17
1-
12-20
12-20
$1
12-14
12-29
12-20
12-28
25c
31'Ac
(quar.)__
Extra
12-15
4-
Optical
(year-end)
preferred (quar.)
4'A%
preferred (quar.)
Stewart-Warner Corp.
(quar.)
America—
(quar.)
preferred
(year-end)
12-31
40c
preferred (quar.)
Sherwin-Williams Co. of Canada—
7%
9-15
1-
$1.75
—
—
(quar.)
conv.
Shuron
12-15
$1.75
•
—
of
Co.
Inc.
Co.,
12-24
*20c
3-15
(extra).
Products
Corp.
—
12-15
$1
$1.75
(quar.)___
preferred (quar.)
American
II-30
$1.75
.
Bonn
7
—.
Extra
$2
1-
.
1st
Spring
Stoker
4'A7*
12-17
2-25
12-20
1
12-28
$3
-
dividend)
Sterling Motor Truck Co. Inc. (reduced)
& Stern Textiles com.
(quar.)
12-17
1-2-49
1
1-
,
60c
com..
50c
15c
(increased)
pfd. (quar.)
common
preferred
Sheraton
12-10
12-20
57*
Products,
4%%
12-10
1
1
Mfg., Corp.,
$4
Metal
Extra
1
1-
$1.75
Argentine Mining Co._
5 7*
Shellmar
——
(quar.
guaranteed
Ritter
9
5%
common
(H.
12-
1-
1
12-31
5c
12-27
1-
12-10
15c
___.
Sheller
45%
Extra
Rleke
Extra
(quar.)
Sheep Creek Gold Mines, Ltd.
9
Steel
Stonecutter
:
12-
96c
(quar.)
guaranteed
_:
12-16*
1
50c
2nd preferred (quar.)—:
Rickel
12-17*
1-
12-10
*50c
12-20
1-
,
12-20
1
Tube
participating
Stock
12-18
12-20
10c
A
1
1-
93 %c
:
Stern
10c
—
Common
(quar.)
Rico
12-31
Association
Year-end
12-27
90c
•
(quar.)
preferred
6%
12-16°
20c
_
(quar.)
2nd
Co.,
12-27
Shawmut
series
1-
5%
(stock dividend)-
(s-a)
12-18
12-20
,
12-27
Equipment-Mfg. Co.—
Sterling Drug, 3'A%
Sterling, Inc. (stock
1-1
*30c
preferred
2-19
12-27
25c
(quar.)
Co.,
12-11
Co.—
(quar.)
redeemable
12-31
12-13
,
23c
(quar.)
25c
;
Inc. .(quar.)—
12-31
35c
12-15
12-15
7/1- 1
1-
12-20
1
3-1
50c
12-23
r
1-
12-21
23c
•__
12-21
3
12-10
75c
(irreg.)
Extra
Sterchi
-12-20>7
12-31
1-
12-20
25c
com.___
Participating
Steel
,12-16
1- 1
40c
40c
Shawinigan Water & Power
4%
12-21
1-17
93c
100
(year-end)
preferred (quar.)
7%
12-18
12-27
50c
12-10
17
1st preferred
7.7*
(quar.)—
11-22
1
12-29:
•ftfe'lOc
{$1.25
__
12-21
1-
25c
•
12-15'
55c
——
Dohme,
12-15
—
(quar.)_
—
Sharp &
Shattuck
12-15
(quar;)-___.—
2nd
!
Extra
Gas
12-15
2
15c
(quar.)
Corp.
2
$1
(Frank G.) Co. (quar.)
Shattuck-Denn Mining (year-end)
3
—
Fredericksburg
Steel
1-
1-17
2-1-49
156
(quar.)
Stedman Brothers, Ltd.
Steel
Co. of Canada, common
6
1-
12-21
15c
$1.12'A
(s-a)
11-22
1-
(quar.)
I
-
c.—
11-22
12'Ac
preferred
Richmond,
Sharon
&
$1.12'A
2-1-49
,
12-18
*
Calif,
A
preferred A
5%
12-10
12-
12-18
40c
Common
1
12-21
—___—
(quar.)__——
Biyos.
(extra)
/i
Oil
12-29
12-29
12-15
12-15
12-31
$1
___.
Co., class B
Starrett (L. S.) Company
(quar'.)_.
Steak-n-Shake, Inc. (quar.)
Stecher-Traung Lithograph Corp.—
12-22
25c
5
3
$1
class A
Co.
of
Screw
Standard
12-10
$1.37'/2
A
Co.
Extra
6%
:12-22
.'50c
(quar.)
convertible preferred
Common
Ltd.——
7Y<r
Richman
class
preferred
(quar.)
1
3
1-
1-
12-31
25c
'
12-21
■
1-
.,
II-30
12-17
70c
Standard
12-10
$1.57
(quar.)
conv.
Shaler Co., class B
12-13
I-10
(quar.)(_^.____:
7%
77*
90c
•*3c
$1.25
preferred
Standard
1-
1-12
12-23
47'Ac
•
preferred
Milling
Standard
12-28
1-14-49
Oil Co. of Ohio—
3%7*
12-23
^
20c
77*
77*
preferred
40C
(quar.)
Steamship Corp.,
Standard Railway
12-15
$1.25
i___—,
Inc.—
&
Standard
12-20
12-28
y
12-15
18 %c
Corp,
(irreg.)__
B
,1-10
12-28
—
1-15
3
(quar.)
Fruit
12-27
,
25c
(quar.)
1
1-
(quar.)
Oil Co.
'
12-23
50c
(quar.)
2-
Co.—
$1
A
Standard
12-10
1-10
12'Ac
com.
25c
4%
12-31
31'/4c
Corp.
55c
12-20
Co.
partic[pating
Class
12-17
65c
(quar.).
1
(quar.)
Mlg.
12-15
60c
___.
1-
12-28
series
preferred
$3
12-21
1-: 5
12-31
25c
(year-end)
Seven-Up Bottling Co. (St. Louis)
12-
1
~i 12,-29
45c
common
$1.50
Patricipating
8
$1
12-10
10c
Standard Holding
12-18
12-
$2.50
(accum.)___
$4.50
Leather
1-3-49
1
preferred
preferred
1st
prior
Corp.,
$1.50
—v-
Trust,
$5.50
Inc.,
Goods Co.—
(extra)
1st
7%
Co.
Paper
1
Serrick
2-
com.
2
12-20
„$2
Shares,( Inc
Selected
Servel,
1-
Co.
preferred
Service
12-14
12-27
$1.3144
preferred (quai.)—_—__—
preferred
(initial).——
Rhinelander
7%
;—
—_
—•—
1-
$1
—
(resumed)——
(quar.)____
American
Shamrock
—___
(R. J.) Tobacco,
B
(year-end)
12-18
(quar.)
25c
convertible preferred
2
Co.—
pfd.
A
12-29
tl5c
____.
Stock
5 'A Yc
prior
class
Selected
1-15
Reynolds
^
4y27*
12-29
$1.12V2
.____
Brass, Inc.—
(quar.)_____^_______—_
1-
J
12-20
12-20
$1
12-10
_
(quar.)_
Refrigerator
1-17
25c
A
Securities
2-1-49
preferred
2
75c
1-17*
*18c
(initial)
common
(quar.)___
(special)
Investment
1-17
87'Ac
(quar.)
1-
12-17
20c
preferred
Standard
2-14
83 %c
12-17
12-31
& Sons—
E.)
(A.
Standard
(year-end)
3
Standard Dredging Corp. (year-end)
$1.60 conv. preferred (quar.)_
Standard Factors
Corp., common (quar.)
12-14
1
preferred
Selected
15c
A
preferred
Seismograph
3*
(quar.)
&
3
3-
$1.12'A
Fund
common
Co.
Seiberling Rubber Co.
3»'
B
preferred
1
1-
15c
pfd. *(quar.)_
(resumed)
Acceptance Corp.,
t$25
common...
dividend
2-
i—:
12-22
1/
12-15
50c
Corp.
50c
(quar.)
RR.,
Co.,
Surety
40c
—,
12-10
85c
(year-end)__
Ltd. (extra)——
Line
convertible
Secger
12-10
1-
3
1-1
50c
12-15
12-23
57*
1-15
25c
—;
common
Clark
&
Finance
Securities
12-15
35c
——
1
12-29
1-
91'Ac
12-10
7V2C
(quar.)
CKn
_______—
preferred
Seagrave
$1.18%
(quar.)
Reymer & Bros, (quar.)
Reynolds Metals Co., common
,
5%
Co.,
Air
Seaboard
preferred
Copper
&
Seaboard
I-15
5'AC*
t
Scullin Steel Co.
12-11
2-1-49
prior
12-20
3.367*
3
lw
Electric—
(quar.)
Standard-Coosa-Thatcher Co.
Co.
Co.,
(quar.)
Stevens
12-11
15c
-Stock
12-30
$f.25
preferred A-(quar.)_l:
2
(quar.)
6 Ye
-.$4.50
2
1-
A
Revere
,
,
12-21
3
6%
•
Common
Seaboard
1-
75c
(year-end)
Electric
12-20
1-
preferred
Corp.,
1772c
R.)
preferred
preierred
$3.75
Scruggs-Vandervoort-Barney, Inc.—
12-21
6%
i
-
,
—
(quar.)__
$4.50 preferred (quar.)
Ltd., class A
Republic Investors Fund, Inc.
■
Scranton
12-15
1-
$1.75
(quar.)—
Extra
(quar,)__
pfd;, (quar.)_
__
Scudder
20c
Renfrew Textiles,
Republic Steel
J2-17
A»(quar.)
Scott Paper Co.,
$3.40 preferred
(quar.)
Scovill Manufacturing Co., common—
•;
$3.65
preferred
(quar.)—_—
12-20
1-
$1.25
_______
preferred
12-31)
(E.
Staley
(quar.)__,
12-16
1-
Investors
7-18
$3
pid. (quar.)__/_
5%' preferred (quar.)_
Inc.,
12-17
8-1-49
(year-end)_—
(111.)—
f
Rand,
12-30
27'Ac
Co., Ltd.
convertible
Remington
$4
5Vfe%
__________
——
$4
12-23
6
1
$1.25
A
Y.)
12-13
12-27
12-
1-
v60c
'$1
prior
Corp.
Extra
,
(N.
(Canada),
12-20
1-18
(year-end)——
(Robert),-$1.25
Reitman's
Squibb
75c
40c
Ry.,- 57*
12-20
30o
*12'Ac
-
2
50c
Mines, Ltd. (quar.)
Springfield Fire & Marine Insurance Co._Z
Square D Company (quar.) ^—
Association,
!
1-
25c
12-31
4-18
—25c
Shoe
3
12-31
1-15
&
12-20
12-29
15c
5 7*
12-17
1-15
5-1-49
Scythes
'•
Extra
Regal
2
12-28
2-1-49
$,1.25
(quar.)
1-
-
20c
27'Ac
:
common
Co.——/
12-
$1.10
)
(quar.)
Gas
2
shares
Sperry Corp. (s-a).
Springer Sturgeon Gold
27'Ac
8%c
Inc.
Sovereign
(quar.)
.(quar.)
Bros.,
12-21
A
(quar.)
Company,
Roller
Reeves
pfd.
12-31
3
A Aquar.)
(Washing¬
(irreg.)
common
1
1-
preierred
prior
Owl
2-
$1
Southwestern
II-29*
1-
$1.25
preferred (quar.)
iL
Southwestern Life Ihsurance Co.
preferred
preferred
•
Hosiery Mills
preferred (quar.).
preferred A (quar.)
Reardon Company, common:
$1.50 preferred (s-a
Red
12-15
5Vfe%
12V4c
Silk
Reece
12-23
5Va7*
$4
Co.
preferred A (quar.)
Southwestern Associated Telephone
$2.20
preferred
(quar.)
12-31
25c
preferred
Works
Atlanta
12-20
(year-end)
1
6
&
com.
1-3
(quar.)
Mfg^. 70c
Water
Schwitzer-Cummins
.
r
1%
b%
San Jose
Savannah
1-15
12-20
$6
30c
San.-Nap-Pak
*$1.50
(quar.):
*$1.75
_
—,
5
I-20
$1,75
2-
12-
_//_
Co.
Southwest Natural Gas
1
12-10
12-28
>50c
:
Estate Trust
12-10
12-17
(quar.)—
ton, D. C.) (s-a)
I. ,'Extra __r
.
12-10
3
-
A
12-20.
preferred (quar.)
Southern Oxygen Company
__
—_
5
12-
$7
*40c
.
(quar,).i_—!
Ltd.
outstanding
7
1
12-20
2-15
317IC
(all
3
1-
12-20
1
12-31
(quar.)
Co.
12-
$2
Loan
ptd.
(The)
12-
1-
50c
(quar.) /;
57*
lr
25c-
12-28
.
12-27"
*30c
(quar.)
12-23
$1.25
12-24
12-
owned by Commonwealth & Southern
Corp.)
Southern Ice Co., common
12-13
(s-a)_—;—$1.50
Reading Tube Corp.-—
Southern
12-
3
i extray-V
preferred
(Pa.)
12-20
*$1.12'A
(quar.)
12-20
$1.25
3
Common
8
3
1-
12-31
I
12-20
12-
12-10
12-17
—
12-10
62'Ac
1
(quar.)
(quar.)
—__________
(quar.)
Roofing Co.
*$1.75
(year-end)
com.
Co.
3
1-
pfd.' (quar.)
2nd
States Iron
87'Ac
v
35c
Iuc„. $2
Pacific
Southern
conv.
4
12-17
27c
Power, common (quar.)_
participating preferred (quar.)
Southern
1-1-49
1
37'Ac
1-
,
1-
12-31
12-31
$1.75
Canada
3
1
12-15
1007*
(quar.)___j
3
1-
3
Co.—
1-
$1.25
1-
Works—
1-3-49
25c
12-15
75c
3
~
A
Print
(quar.)
California Edison
1-
7
3
25c
12-
12-28
1-
25c
(quar.)
"
&
,12-
15c
(quar.)._/_,:
$2.40 pfd. (quar.)-iJ
;
Inc. : (year-end) ____r-
Rayonier,
com.
Paper
preferred
67*
3
12-15
12-24'
$1.75
1
&
(quar.)
1-15
50c
I$1.06
$2.50
_;
Bleachery
12-22
1-17
93%c
Co.
(s-a)
7%
I-
1-15
$1.12'A
(liquidating)—
Co.
(quar.)__
50c
Bag
12-22
*17'Ac
pfd. A
dividend
Southern
12-17
'■
50c
Pile
3
$1.12'A
pfd.
(quar.)
original pfd.
4.327* preferred
1-24
(increased)—/.
Concrete
<
.
57*
Ltd.,
series
Electric Co.
3
6
1-
„
12-18
Sulphur
-57*
2-25
Corp.—;.
Raymond
Reading
Sangamo
1-
12-
1-15
$1.75
12-23
12-31
50C
Southern
Ltd.—
Remedial
Co.,
'50c
R&ybestos-Manhaltan,
4%
Francisco
Ltd.
,
12-11
.Rath
Reading Co..
San
Sangamo
*25c
12-20
50c
(quar.)_.
Map CompanyDiego Gas & Electric Co.,
5% preferred (quar.)____.
12-20
;/\*2c 1
,,v:
12-15
common____*
San
12-20
•2-
12-29
Sanborn
12-20
1-10
12-20
12-17
1-10
(quar.)
&
12-17
10c
Extra
12-20
3
$1.50
,/>
preferred
1st
12-10
3
1-
12-17
3
3
$1
Advance
Common
1-
:
Acid
Southern
12'Ac
!
:
Stockyards
1-. 3
2-28
-
common
Packing, Co._
.Raytheon Mfg. Co.,
4 40%
12-20
Rico Sugar
preferred
Stock
7
12-28
1-
(irreg.)
preferred
7%
7
12-
3
12-15
1-
Extra
107*
preferred,(quar.)
National
12-
3
12-
1
(quar.20c
Co.
Porto
Southern
20C
—
Dry Dock Co.,
1st
12-29
(quar.—
preferred
John
1-
50c
(quar.
Louis
12-31
$1.50
(increased)/—.
preferred
Orpheum
Ralston Purina
3%%
Ltd;/
America
convertible
3
12-10
2
12-27
1-
68%c
(quar.)
Pittsburgh Water 4'A7*
8 7*
18 %c
common
Regis Paper Co.—
■
12-10
$1.25
"
:___
Co/ (quar.
Corp* of
preierred
$2
preferred (quar.
Quebec
1-
1-
„
15c
30c
$1.25
Industries, Ltd.,
25c
(quar.
Co.,
4%% pfd.
Company,
St:
7 '
1
12-15
50c
7%>. preferred (quar:.)__^_i._________
71
12-
1-
1-10
•/25c
.
preferred
12-
»
10c
.
Extra
80.
(Jacob)
C.)
4V2 %
12-30
12-28
/' 50c
;
Oil
12-15
107*
St. Joseph Light & Power,
St. Lawrence Flour Mills,
9
12-28/
50c
Extra.
.
1-1-49
1-1-49
(quar,)_—^
St.
•
12-15
$1.37
Co
South
12-15
/__
Safety Car Heating & Lighting Co. (year-end)
)
Safeway Stores, Inc. com. .(quar.)
57* preferred (quar.)
Saguenay Power Co., Ltd.,;474,7* pfd. (quar.)
>
1
12-
3
(year-end)
Service
South
$1.25
preferred (quar.)
77*
,.r
Oklahoma—
(quar.)__
Corp.
3
12-31
12-31.
40c
(quar.)
1-
1-15
1-1-49
(quar.)
(quar.)____
(F.
Russell
50c
1-25
$1.25
j,—
Company (year-end)
Ruppert
Russell
t
Telephone
$1.12'A
Stock dividend
12-14
—
___
Electric
dividend
preferred
Ruberoid
,
3;
12-27
Southeastern
Southern
Corp. (year-end)
Typewriter Co., common
77*-'
,12-10-
6
12-
^
Inc.
12-15
Common
Gil &
12-30
12-24
Bank
Inc.
(quar.)
12-31
1
11-20
12-20
<12-31
25c
Public
1-
12-20
10c
62'Ac
preferred
Southeastern
1-
1
1-
SIVic
(quar.)
convertible
12-15
<
Holdert
Payable of Reo.
$1
(s-a)
preferred
12-31
,
Reiining Co., common.
preferred (quar.)
Electric Steel (stock dividend)
Rotary
•12-24
National
5'A7*
$2
"
conv.
12-15
20c
Quarterly
5%
3
25c
(quar.)
common
pfd.
Brothers,
67*
52
162
■
3
$1.25
Rotlimoor
■
Public
4%
Roosevelt
<b*reg.K-—J-.1.
17c
Washington Insurance; 4quar.).,:c3Qc
•
.
Pendleton,
conv.
Roos
12-27..
1-15
*
_—____
1-
1-
>
/
:
.
(quar.)_^._i—
A, (quar.)__/__
preferred
Cable
47*
12-10=
1
1-
&
12-20
1-15
12-31
tl'Ac.
.
Providence •&-Worcester
$1.40
J75c
Ltd,——
Co.
preferred
prior
Rome
12-20
56'Ac
pid..(quar.)__.
(increased)—
5%
11-19
1-15
(quar.)__;_
Mines;,,Ltd.--*Co,,. 4% pfd. (s-a)
Gas
Providence
Special
Public
12-31
Company—
5%
3'.
*35c
&
preferred
.*
12-v3.x
12-
*$1.50
V(quar.)
A
,
2
1
.
Dome
Prpeter & Gamble Co.,
Prophet (Fred, B.) Co.
1-
-75c
4'A7*
12-15
12-27
Rockwood
12-15
v
Roeser
Inc.—
Car,
&
Providence
;
.
.
12-15
,
12-23
45c
________
of
Plywood ite Timber " (initial)
Genesee Vaiiey ,RR. (s-a)
Rochester Telephone Corp.—
4Va% preferred A (quar.)_
Rochester. &
v
12-31
3
12-3L
SlVic
.
Mills, 6% /pid./(quar.)__-. 7 « $1.50
Potomac Electric Power-,, common
(qua^)-"-v-;22'Ac.'.
Power
12-24
(Penna.) 5% pfd.—
Co/,.,5% pfd.• (quar.)
r_
General
(H.
_______
Common*
22-
*20c
Robinson
12-24
12-31
.<__'_/
When
Share
*20c
Co.,
'•
preferred
55
Carolina Electric St Gas Co.—
10c
Drug
Robinson-Little
9
South
tlOc
Robinson
..
Per
Name of Company
Solvay American Corp. 47* pfd. (quar.)
Sonotone Corp., common
(quar.)
$1.25 convertible preferred A (quar.)
Sorg Paper Co., bVx% preierred iquarjv___
12-20*
1-
t50c
preferred
Robinson
5*-'
11-
1-
20c
—-
L,)
Holders
20c
,
Robertson 4P.
12-31./-11-
,
12-23
..
,
v
(2731)
Payable of Rec.
Co.—
Extra
..
When
Share
"■
t;
Fulton; Controls
Common
.;
12-31
1-20
12-20
Stock
Name of Company
,1
Robertshaw
12-15
y
^
,
12-10
,1.-20
6c
.
—
12-23
••
Plymouth
,
CHRONICLE
Per
,
•
FINANCIAL
11
*\
!-7't
Per
;
' Name of Company,
i/r V /; - <''•■>: \<Sbqi»e Payable#J Rec.
Plarit'.('Thomas G.) Corp.—.,,
7%4 1st preferred (aQcum.).^-.,
12-31
12-21
./• $1.25-.
•
COMMERCIAL .&
.■wwMwrtWftH'n
1-3-49
15C
12-31
12-15
25C
12-31
12-15
56 y«c
1-
2
12-15
'
£6
•;
v
Share
of Company
*25c
$4 preference (quar.)_
——
Taylor-Colquitt Co. (quar.)—__—-_r—
Taylor Instrument Cos. (quar.)_—
—
Ltd.—
Taylor, Pearson & Carson (Canada),
Common
3
3
3
12-10
.
50c
(quar.)
1-2
12-22
1
$1.75
1-1
12-24
12-11
25c
12-20
12-
6
Corp.
(extra!
Gas Transmission
1-11
12-
1
35c
1-
3
.12-10
common
$1.02 y2
1-
1
12-10
4.25%
______
—
Texas
Gulf
Texas
&
Ry..
1-
3
12-10"
1-
3
12-21
Corp.
1-
1
1
1-49
(quar.)
Ltd.
(quar.)—
12-31
12-10
$1.06 >/4
12-31
12-10
20c
12-27
12-13
Royalty
Mining
Iron
Toronto
1-15
Co
V
$1.75
1-
.Class
3
1-
3
12-15
1- 3
•12-15
;
1-
U5c
1-3
12-15
1-
3
12-15
1-
3
12-21
'
f$1.25
(quar.)-—':.——
"
45c
Torriiigton Company
——
Torrington Mfg. Co.^_-__——-—1__
"
1-27
1-17
12-28
12-17
25c
20c
Co
Manufacturing
'
;
12-15
3
$15c
__________
Mortgage" Co.
,
50c
;
—
..
1-10
87V2C"
Securities 'Corp.. $1.75 prior pfd..—
Traders Finahce Corp, Ltd.", class A (initial)
Towne
1-
1-15
I-
12-14
1-
3
12-14
$25c
(initial)--————
B
1-
3
12-14 >"■!
(quar.)"—
preferred
preferred
4%
Co..
3
1-
3
\53»/aC
1-
1
12-10
'
(quar.)~
'
12-23
12-23
12-20
1-15
Products
Chemical
Convertible
50c
(quar.),—
Corp.,
1-10
12-31
62Msc
12-28
12-27
1
Tuckett
Tobacco
Twentieth
12-30
12-20
t$1.75
1-15
12-31
Common
50c
(quar.)
Citv.
5%
prior
5%
62V2C
1-
3
12-24
Walt
62 '/2c
1-
3
12-24
6%
Class
12-18
Trust
25c
of
Co.
Y.
N.
12-
1-15
$1
; 12-23
(special).
4
1-
12-20
133/4C
3
3
Asbestos
Union
Carbide
Union
Metal
Rubber
&
Co.
(quar.
Carbon—
&
Mfg.
Co.,
•V,
_
1-
3
r
12-10
1-
3
12-10
1-
50c
class A
class
A
$G
preferred
(quar.)
Pacific
Extra
RR.
Co.,
25c
85c
-
Warren
Brothers,
12-10:
12-10
Warner
12-22
12-10
class
Washington Title
Class
B
(s-a)
*
—
(quar.)___
C
(year-end)___
Company (quar.)
■———
Union
Sulphur
Union
Trusteed
Funds,
—
,
Fund
Bond
Bond
Fund
Union
Freferrcd
Union
Common
Twist
"C"
Drill
Class
3
$3
Tool
&
United
A
Fruit
,
Gas
United
Income
Industrial
$1
12-29
1-
2
12-22
2-
1
1-11
Wesson
Oil
2-
1
1-11:
Weeden
&
12-20
12-14
West
12-23
12-
3
West
t75c
1-3-49
12-10
West
50c
1-14
25c
Quarterly
12-10
West
12-
8
West
N.
25c
Y,)
12-31
12-
6
v
'ivfV'';
L—:
$1
1-
3
i
•.
Light & Railways Co.. common—
1% prior preferred (monthly) -16.36% prior preferred
(monthly)
6%
prior
preferred
United
United
National
i".
(annual)
common
Piece
$4.25
Printers
United
Machinery,
preferred
conv.
United
Stores
United
Wallpaper,
4%
U.
U.
S.
2nd
.
(irreg.)
preferred
(quar.)
Guaranty
(Bait.)
S.' Finishing Co.—
preferred (quar.)
&
12-17
12-20
1st
2nd
(year-end)
preferred
preferred
(quar.)
(year-end)
12-28
Pulp & Paper
_
(quar.)
Co.
common—
_______
(Toronto)
12- .7
1-17
3iyiC
1- 3
12-20
12-20
1- 3
12-15
12-10*'
12-10
40c
12-29
12-13
1- 3
50c
$1.50
1- 1
1- 3
12-15
12-15
12-20
12-10
12-31
12-27
12-27
12-10
17y2c
25c
SI.75
$1.75
$1.50
55c
12-20
12-27
12- 4
12-10
12-17
25c
25c
25c
$1.12y2
$1.25
12-30
2-15
2-15
12-24
1-15
1-15
12-24
1-3
1- 3
12-22
1- 1
1- 1
1-19
1-19
12-15
12-20
12-20
12-13
12-15
12-15
12- 8
12rl5
12-15
1- 3
12-29
12-31
1- 3
1-
5
1-
$1
150c
135c
12-31
1-15
1-15
12-20
12-20
12-23
12-15
12-15
1- 1
12-20
12-29
12-17
1-15
50c
1-14
11-10
1-2-49
11-10
(year-end),—______—
Ltd., class A (quar.)—
(quar.)
Western, Insurance Securities—■
6%
preferred
(quar.)
$2.50
class
A
1-
3
2-
1
1-20
Inc.
(s-a)_
75c
1- 5
11-26
50c
Light & Telephone Co.,
Extra
Western
Western
95c
12-27
.
12-20
Massachusetts
N.
Common
Y.
preferred
Western
Pacific
$1.12 Ma
12-27
12-20
Common
$1.50
12-27
12-20
5%
Cos.
(quar.)
Pennsylvania
&
1-
50c
12-27
12-14
RR.
(quar.)
:
1-
3
12-31
$1.25
1- 3
12-31
75c
2-15
2- 1
Co.
A
(quar.)
12-28
12-16
f 40c
1-10
12-24
25c
12-20
Ltd.
,
'j
12-13
12-
1
t3V2C
3
11-26
25C
Ltd. (reauced)__
(monthly)
1-
1-
3
12-20
2-
1
1-20
3-
1
2-19
10c
2-28
3-15-49
I-
25c
6-31
12-10
3
12-31
15c
1-31-49
12-23.
;
12-10
12-20
37>/2C
(quar.)
Co.
»
preferred
(quar.)
(quar.)
(quar.)^
1-20
>
4-20
37>/2c 4-30-49
7-20
37V2c 7-30-49
12V2c
s-a)
—
1-
3
12-15
37V2o
r.
1-
3
12-17
1-
3
12-17
25c
12-22
12-13
12-22
12-13
t20c
12-31
12-15
56V4C
—
class A (s-a)
Mills, Ltd.,
1-
3
11-19
1-
3
12-
J37VaC
2-
1
1-13
2-
1
1-15
2-
1
■>. 1-15
2-
1
1-15
12-20
12-10
Co..
Steel Door
Ltd.
(C|uar.)
common
—
t31»/4C
(quar.)
(quar.)
Products
Less
y2c
—
(resumed).
Corp.
British
Less
30%
closed
not
loe
—_
1
dividend,
this
for
tax.
Non¬
income tax.
Jamaica
income
tax.
Corporation and
(Continued from page 16)
"The
which
leases
basis,
the completion of Sunshine's modernization
program," declared Mr. Main.
"Our modernization program, which
began several years before the war. was necessarily delayed because
of the conflict,
but has been vigorously pushed forward since thenInstallations of the most modern machines at Kansas City have al¬
step in
long
a
in full swing."
made this transaction the
reported by the New York
Life Insurance Co. Sunshine officials believe this also to be the largest
undertaking of its kind in the food industry in the entire mid-west
It
that
stated
the
for
kind
it3
of
will soon be
sale-lease price
and production
started
was
largest
single
a
property
consists of a newly constructed concrete and steel
site in the Fairfax Industrial District,
a five-story central portion containing, the admin¬
istrative offices, with a two-story wing on one side and a three-story
wing on the other. In all there are more than 773,000 square feet of
floor area.—V. 168, p. 52. •
The
property
building on
$1.25
2-15
2- 1
a
44-acre
has
structure
Superheater Co.—Consolidation Effective Dec.
•
See
31—
Inc. above.—V. 168, p. 2330.
Combustion Engineering Co.,
Swift & Cov—Annual Report—
.
reported by company ior the
which ended Oct. 30.
Sales during the company's 63d year
$2,261,114,041,
This compares with $2,248,766,634 reported last
Higher sales and lower net earnings are
fiscal year
were
"v.".
year.
Net
all company operations totaled $27,889,210 for
Last year's earnings totaled $34,334,977 before
$12,000,000 provision for high cost additions to fixed assets.
Earnings this year were $4.71 per share, compared to $5.80 for 1947.
For the services provided in assembling, processing and distributing
the
a
earnings
from
fiscal
year.
1948
agricultural products handled by the company this year, net earnings
per dollar of sales amounted to
1.2 cents.
On meat operations the
averaged less than cne-quarter of a cent per pound.
"Measured
against the costs of doing business, our profit was
modest," reported President John Holmes.
"Today's costs are high—
whether for
livestock, raw materials, construction, repairs, employ¬
earnings
costs
or,
other
mounting
"These
and
tures
expenses.
costs
,,
demand
great emphasis
place
even
closer
the need for
on
scrutiny of expendi¬
efficiency and team-
work.
„
"The
company
said
Mr.
sale
of
maintained
has
$35,000,000
in
'Fixed
debentures
strong working capital position,
fortified bv proceeds from the
last May.
With prevailing high
was
..
the company's financial requirements are
previous time."
'
a
"This position
Holmes.
assets
This
provements,
D1
preferred
12-16
Sheet & Tube
preferred
preferred
year.
L__
12-13
12-28
$1
prices,
$1.50
(s-a)
12-29
Investment News
11-26
5
Ry.—
(s-a)
Canada,
common
Knitting
ment
SI.50
62V2c
(accum.)
12-27
1-2-49
Co.
12-11
12-29
$1.25
—__—
General
12-20
1-15
70c
Electric
12-28
$1
12-15
40c
preferred
12-11
50c
(quar.)
Corp.
a
40c
$1.40
12-10
,
1S1.20
Western Grocers,
12-10
1
tPayable in U. S. Funds, less 15% Canadian non-residents'
tPayable in Canadian funds, tax deductible at the source.
resident tax 15%; resident tax 7%.
Stores
(quar.)
1
1-
18%c
common
Mfg.
•Transfer, books
—
(s-a).,;^.....^.^
1-
12-28
'
50 c
(increased
4'/2%
preferred (quar.)_.
York Corrugating Co.
Zonite
Department
Western
12-11
f50c
Casualty & Surety Co.__________
12-15
2
5%
Tile
Corp.,
6%
12%
12-14
12-11
1-
(quar.)—
convertible
5%
Western
12-14
1-15
1-2
25c
(initial)
com,
convertible preferred
Zellers,
Western
5
1-31
25c
12-20
12-30
$1.50
(quar.)
:
Youngstown
12-20
37 Vac
11-15
Extra
12-15
62 V2c
11-15
12-31
25c
Youngstown
3
U2MsC
.12-31
$1.25
convertible preferred
York
2
preference
12-24
50c
$2.50
$1
-
-
12-14
$1.50
(quar.)
(quar.)
Virginia Water Service Co.,
4V2%
preferred (quar.)y_
Assurance
12-13
common
6%
York
12-15
1- 3
12-27
$1.05
pfd.
Utilities, $6
preferred
1
l-'3
represents
2J/2c
$1.12y2
West
5%
._
common
Special
5%
1-
1
50%
Co.
Lothrop,
&
Fibre
Yolande
3
1-
$1
___________
(quar.)
(quar.)
(quar.)_
preferred B (quar.)
Texas
Co.,
6%
J$1.75
25c
•«_.
common
Steel
6%
„
1-
:
(quar.)
Co.,
Co.,
12-24
$1.86 »/4
(s-a)
Cab Co.—
Yellow
1-
$1.75
* \
Power
2
dividend
Stock
The
preferred
4.20%
1-
56>/,c
series)
preferred (quar.)
Combing Corp. of
Yankee
30c
50c
(quar.)_
-
30c
Foreign Securities Corp.—
Common
$4.50
$6
1-10
12-17
.
(quar.)_
(quar.)
(quar.)
preferred
Penn
Western
$4
U, S.
West
West
Inc.—
Fidelity
preferred
12-31
pfd.
(quar.)
17VaC
—
.1
pfd.
convertible
7%
A
preferred
West Virginia
11-15
12-31
$1.06 V4
—
_
—.L—
(quar.).
$4.20
Corp..
&
V
40c
$2.50
_
(quar.)
common
Corp., Ltd
Stockyards Corp.—
70c
$1
.
—
_____
Steel
United
(quar.)
-i——j
preferred
class
12-15
12-20
conv.
(quar.)
Electric
6%
'
Co.
Gas
12-15
■'*
—
.
Publishers
_
Shoe
6%
United
1-3-49
10%
4%
(quar.)___
Penn
Western
(quar.)
&
Extra
1-3-49
50c
-
12-15
Works—
Dye
preferred
United
1-3-49
53c
'
——
Non-cum. partic. preferred "(auar.)
,
United N. J. RR. & Canal (quar.) _______
United
58 V3C
.
.
Corp.,
Ohio
$1.12 */2
10C 6-15-49
25c
4V2%
(monthly)——.
Co., Ltd. (interim)
Molasses
$7
12-20
12-20
:•>" 1- -3
•
United
—._
&
preferred
12-
12-15
35c
(year-end)
Inc.
Michigan Steel Foundry Co.
7%
—
___„
—
3
(quar.)
Extra
12-28
—_
(Brooklyn,
9
;60c
—
(quar.)—
Bank
1-
12-
3
I—
ready
—__—
Seashore RR. (s-a)
Kootenay Power & Light, Ltd.—
7%
:'p
——
12-10
1-
12- 1
15c
(quar.)
:
Corp.
Company,
Jersey
12-20
ItWysong & Niles Co.
Fixture Co.—
(quar.)
Snowdrift
&
1-26
30C
t25c
agreement with the New York Life Insurance Co., under
the New York Life purchases the property and simultaneously
it to Sunshine Biscuits for a long term of years on a net rental
$1.25
(quar.)__——
preferred
$5
&
Fund,
Wellington
20c
(quar.)—.
Co.
Extra
75c
$1.75
'
1-15
1- 3
1- 3
1-15
1- 3
1- 2
'20c
Co.,
Showcase
preferred
Webster-Chicago
12-15
2-15
25c
1-14
12-10
12-31
12-26
12-26
12-31
12-20
6c
5%
12-24
2- 1
62y2c
75c
25c
$1.50
$1.50
25c
Weatherhead
12-24
.
12-i.o
12-31
Power—
(1897
Iron
12-13
12-17
12- 3
35c
(quar.)
Products
Screw
Weber
12-29
10c
—
(accum.)___ :
Co
Fund
;12-10
12-10-
Corp...
United
Mills
Knitting
12-31
IOc
dividend
12-13
1- 1
1- 5
1- 5
25c
(quar.)
Extra
12-10
12-20
12-20
•
(quar.)_
A
—L_—___ L__
ofd.
(quar.)
Illuminating
12-10*
Ltd.—
preferred
Co.
United
Extra
--„
Investments,
class
Wayne
Motor
15c
(quar.).,
class
Corp. 7%
United
.
pfd.
—
Fuel
6%
United
12-10
..
50c
(quar.)_—i.——
D.vewood
Wayne
12-20
9c
15c
—
Corp.,
Extra
United
12-14
12-20
32c
:r
__
—
;vv
Corporation,
Co.
12-20
——
iquar.)
United
Waukesna
12-27
$1.37y2
$3.50
25c
$20c
(quar.)
12-14
19c
Fund--
Stock
United
Waterous," Ltd.
12-23
19C
"A"_l
Stock Fund
Drill
•
,
Fund: "B"„——
Union
A
Extra
Bond
Union
Union
6
Insurance,, com. (quar.)
preferred (quar.)_
Class
Non-cum
Inc.—
Union
—
12-
3
6
12-23
..'■'w-.'"'- 75c
J—_i.—
12-
3
1-
$1
————
Co
Year-end
,
1-
$1.25
12-18
12-15
12-13
45c
(quar.)
common
(quar.)
Ware River RR., guaranteed
Warner Bros. Pictures, Inc
12-22
25c
(quar.)_
(quar.)_y
x
1- 1
12-27
12-27
$2.62V2
preferred
12-22
12-31
25c
preferred
Wright-Hargreaves Mines,
Wrigley (Win.)., Jr., Co.
12-16
25c
62V2c
30c
Productions—
preferred (accum.)
Company
(year-end)_
Baking
12-10
1-
30c
(quar.)___y____
Worthington Pump & Machinery Corp., com.
1- 3 >12-11
12-27
12-27
12-17
1- 1
12-17
12-20
12- 8
1- 3
12-20
1- 3
12-20
1- 3
12-20
1-3
11-30
12-27
11-30
1- 3
11-30
12-27
11-30
12-27
11-30
12-27
11-30
5c
$1.50
t
(quar.)
Wool
1-10
1- 3
25c
"
Union
1-20
t25c
62MjC
50c
$1.75
75c
25c
1- 2
4
1-15
12-10
62y2c
5c
(quar.)
conv.
Ward
1-20
5C
(quar.):
(Alan)
Woodward
Disney
5Mj%
12-10
3
,
—
$1
j?
-
(quar.)
Products,
25c
(quar.);
common
•
12-20
50c
Union
:
(year-end)
Year-end-
1-
'
12-20
35c
—-
Walworth
12-20
$1
25c
Quarterly
12-31
12-17
1-14
4-15
7-15
12-13
12-13
12- 8
12-31
12-15
80c
preferred (quar.)
preferred (quar.)
5%
6%
(quar.)——
preferred—;
51/2% preferred iquar.)
prior
75c
1-30
1- 3
2-1-49
6-2-49
8-1-49
12-24
12-24
12-22
1-15
12-31
15c
Company, $2.50
B
1
1-15
11-30
62V2c
37J/2c
37V2c
37V2c
50c
$1.75
80c
$4.12V2
-
Special
3-19
12-20
25c
Vitamin
1-20
2-
Yale & Towne Mfg. Co
{
Baking
&
1
'$1
(quar.)
H.)
Co.
Woodward
12-15
25c
Special
3-1-49
Tyler Fixture Corp.,
Udylite Corp.
(quar.)
""
1
1
1-3-49
62 y2C
preferred
"Underwriters
12-
12-
12-23
12-23
62 M»c
1- 2
1-20
12-20
:
2-
—
Common
Corp.,
Inc.
•
12-21
12- 6
$1.25
(initial)
Co., Ltd., new com.
System,
2-1
12-28
Monthly
Co
Iron
12-31
12-20
$1.50
—
(quar.)
&
Mold
Walker
37 V2c
—
convertible
preferred
12-10
25c
preferred (quar.)
Woodley Petroleum, new
12-17
-
3
12-24
20c
5%
12-10
12-16
12-27
87V2C
30c
(year-end)
Extra
Transit^—
Rapid
7%
1- 3
1- 3
55c
t25c
JS1.25
—
3
12-
12-13
50c
-
common
Electric
Oil
Wood
5%
—_L
common
12-
12-27
40c
——
common
preferred
6%
Wiser
1-15
2- 1
12-20
3
50c
Company,
non-cum.
Wisconsin
12-10
1- 1
1-
25C
5%
12-22
50c
Vogt Manufacturing Co, (year-end^_^.__
Vulcan Corp., $4.50 preferred
(accum.)
$3 conv. prior preferred (quar.)
Vulcan Detinning, common (year-end)
Walker
Street
4r/2%
12-20
1-3
;
$r
$1
Lovett Grocery
V,preferred A (quar.
&
'
tax)
Railway, common (quar.)—
preferred
(quar.)
preferred
(quar.)
6%
preferred (quar.)
Vlchek Tool Co., common (year-end)
7% : preferred
(quar.)-
Waldorf
Corp.—
preferred iquar.)
Corp., com (quar.)
LaSalle
South
Twin
(quar.)
(quar.)
convertible
$1.50
pfd.
7%
Film
Century-Fox
Common
208
Ltd.,
Co.,
common—*
Works,
Co*,
12-16
-
25c
Extra
—
dividend
6% preferred B
Corp., common
7%
preterred
(quar.)__
Wagner Electric Corp.
(quar.)
12-24
35c
1-
,*Winn
12-24
12- 6
12-21
12-15
1-17
12-13
1- 3
12-16'
3
'
*
preferred
A
class
Stock
preferred (quar.)„•_
Victor Equipment Co. (year-end)
Virginia-Carolina Chemical Corp.—
■6% partjic. preferred (accum.)_
Virginia Electric & Power
-V
$5
preferred
(quar.)
Virginia Iron Coal & Coke—
4% :convertible preferred
(quar.)_
Wagner
12-20
$1.50
1-12
Cuba—
of
—
Chemical
Wacker
12-15
31c
preferred (quar.)
Inc.
(irreg.)
-
12-15
12-31
»
$1.25
Ltd. ______—
________
Willys-Overland Motors, Inc.—
$4.50 preferred
(quar.)
Wilson
& Co., $4.25 preferred
(quar.)
12-15
12-15 r
12- 1
12- 1'
12-31
1- 3
1- 2
1- 1
2- 1
12-20
$56c
Co.
Sugar
—
Wabasso Cotton
12-31
1-10
Trunz,
—
preferred (quar.)—
Vulcan
5
3c
(initial)- :V-:
B
—
(year-end)—
com
1-
2%c
pfd.
(s-a)
'
'
(quar. I —_i.L_*-——
Corp.
Tri-Continental
SG
6%
Co.
preference
Products
Trico
Co., $1.25 pfd.
•:
12-20
50c
31V4C
Year-end
Trenton
12-14
;
'
(s-a) _—Ll'_ - -iuIL-L-
Royalty
Transwestern
Treesweet
12-14
1-
t$l,12Msi-
$25c
4 V2 %
Trailmobile
;—
Inc
6%
J25C
;Class
(s-a)—.;'
6%
—
1-1
,
3
(quar.):
Virginian
7
'
$25c
pfd.
$1
3«/2%
12-15
v
"
tl5c
common'-—
Ltd.,
15c
40c
62V2C
25c
$2
25c
7V2C
(quar.)
—
(increased)—
prior pfd. (quar.)_
Corp.,
Cuban
*-<•
Winnipeg Electric Co., common
$4 conv. preferred
Company—
5.8%
Ltd.,
'5%
Victor
12-30
,
1-
f 10c
Ltd
Works,
.
Towle
Viau,
2-15
1-31
3c
:———
iquar.)
A
Toronto
11-30
~
U5c
.
Quarterly
12-15
1
5%
Co.,
12»/2c
Wilsil,
12-16
quar.)—
preferred
(Less
3
3-
(Consider
12-29
6%
Corp.
4'/2%
12-15
12-20
5C.
$1.06 >A
Co.
Vertientes-Camaguay
12-24 ;
"1- 3
■;
Light
Freeze,
Oil
75c
-—
3
1-
25c
Oil
River
Electric
Wico
of. Canada, Ltd.
Formerly Verney Mills of Canada—
12-21
75c
Norman
Verney
12-15
12-28
Corp.
Brothers,
Tooke
12-30
'15c
Edison,. 4Vt %
Tonopah
35c
:
(quar.)——
(s-a)
—
preferred (quar.) ——
preferred
7%
Van
Velvet
2
Corp.,
12-15
Wilcox
12-29
30c
2- 1
$2
.1-2
25c
12-30
preferred (quar.)—
$1.12Vi'v
1- 1
—y-yy—
r
15c
12-20
—--'if
20c ',12-20
preferred
Appliance
Valspar
Wichita
Co.—
Sugar
&
Whitney
1-20 L
12-15
12-15
quar.)
(quar.)
>.
Co. (increased
Knitting
Utility
$3.75
(quar.)———
Packing Co. com.
Toklan
?
—
1-
12-27
'_y__;______-L_
CO.
Corp
12-15-
2- 1
1- 3
Co.—
Tobacco
Blake
1-2
75c
$8.7525c
—-
12-10
12-15
12-27
common.;
_______
prior pref. (quar.)—
$4 preferred (accum.)
Whiting Corp.
_;
Wlllett
(quar,)
(quar.)
4'/2%
(quar.)
A
lower
Utica
12-10*
12-
Y.)
12-10
3
3
3
75c
$2
621/aC"
—
pfd. (quar.)-y
111-
;
$1
-
(quar.)_
Ry.
Machine
Sewing
'■>. Year-end
12-20;
y__
class
Utah
12-20
3
1-
; 1-3
U5c
1- 3
t
12-15
25c
Wheeling Steel Corp.; common (year-end) y
$5 prior preferred
(quar.) ____________—
"Whitaker Paper Co:y-_-_-__yy_y>_LiLL-L->-.-".
White Motor Co.
(quar.)____
___L—___
White
12-16
1-1-49.
$1
25c
(quar.)—v—
3-17
12-16
1-3
$1.50
convertible
50c
12-27
12-20 >... 1
1- 3 > 12-I7_
I2r20
11-38*
1-1-49
704
50c
1
1-3-49
(quar.)
Osgood Co., com. (increased quar.f
preferred (quar.)____.
Wheeler
12-31
(increased
Idaho
60c
12-13
3
12-20
50c
40c
Clothes, Inc. (quar.)-_—-——Tip Top Tailors, Ltd. (irreg.)Tishman Realty & Construction Co.—
Increased quarterly
Tobacco & Allied Stocks, Inc. (year-end) ——
Tobacco Products Export Corp (year-end) —
Timely
Toledo
1-
93%c
—_———
12- 8
4-
$1.25
25c
'}, 683/ic
12^31'
Winding
Extra
Utah
12-15
'
—
1
Upson-Walton
V
$1.12 Ms
1- 3
1-12;'
Company,
Upson
12-28
1-
12- b
1-12
Steel
preferred
8%
8-lfl
1-10
12-24
(quar.)——_—.—93%<
A
(N.
Leaf
Universal
3-15
2
Co
Axle
Detroit
1-49
-
t25c
(quar.)—.:-—.
preferred
-
6-25-49
50c -"'j
^—•—
Drug Stores, 4Va% pfd. A (quar.) .
4 V4 %
preferred
B
(quar,)——L—
Tide Water Associated Oil, common (extra)
Tobin
1
4
Wheeling & Lake Erie
2%
(quar.)
6%
CO.
Trust
8.
Common
12-15
50c
50c
i
Extra
12-15
:
—y——.—
common
Radiator Corp.,
Universal
12-13
1-
—----
i,—_—
-
Stores,
Timken
12-11
12-13
•50c
Thrifty
$3.75
1
1-15
31V4C
,
Common "
Thor
Thrift
1-
■
1
preferred
Universal-Cyclops
'
-
Common
v
U.
57,/ac
(quar.)
Cotton Mills, common-——
preferred
Thomaston
12-11
1
25c
Textron, Inc., common (quar.)—_____
$1.25 preferred (quar.) ——————
$2.30
12-20
1-
12- 3
12- 8
$1.75
r—
-
-
dividend
preferred
5%
12-10
12-28
25c
inc., common.————
preferred (quar.i__
4%
12-29
$1
50 c
12-23
12-31
Printing & Lithograph—
S.
U.' S.
,——
Textiles,
I
3%%
U.
(quar.)—*
Plywood Corp,,
Stock
75c
—
Weyenberg
$1.50
.
—
Pipe & Foundry Co; (quar.)
Playing Card Co; (quar.)—
S.
S;
12-20
15c
(year-end)
Producing
Pacific
U.
$1.50
—1—
(quar.)
Company
(quar.)__(
Service, $6 pfd.
Texas
Texas "Electric
Shoe
12- 3
Lines,
UL 8.
12-20
12-29
'
$1.25
•
'f25c
Ltd. (quar.)
Manufacturing Co.
(George)
12-23
preferred (quar.)—
,L—_
$1.25
4I/2.% preferred (s-a)22Vac
1st
Extra
12-29
Weston
International Securities Corp.—
&
S.
U.
12-10
20c
(quar.)
Mfg. Corp.
&
Westmoreland
*2-22
12-22
1-10
50c
,
Inc. (quar.)__________—;___
Water, $6 pfd. (quar.) ______
Westmoreland,
12-22
35c
75c
———
(quar.)
common
—
preferred
S.
$5
12-15
25c
Malleable
Haute
Terre
U.
U.
1
1-
10c
——
i
-
-
Gypsum Co.,
7%
1-1
$1.06 v*
preferred (quar.)
8%
5%
Payable of Rec.
Share
*■
.
&
50c
—————-
Extra
'
Chemical Corp.—•
Products &
Tennessee
S.
12-15
25c
50c
»•
Tablet
-
Special
U;
12-11
2-
Co.—
12-28
J2-28
(quar,)^*
conv.
of Company
Stationery, common—___
preferred, (quar.)
—-T—.
preferred
(quar.) ——______—___
5%
Corp.—
prior pfd. partic.
Participating
S Guarantee
U
—
——-—
(quar.)i——--
Storage
Cold
S
$2
12-11
12-31
t5c
—
—
preferred
(quar.)
—
preferred (quar;)-—————
4J0 %
8
25c
(interim)
U
12-15
50c
■
Ltd.
Temple Coal $6 conv. pfd. (accum.) _
Tennessee, Alabama & Georgia Ry. CoTennessee
12-
3
t25c
——a
Teck-Hughes Gold Mines,
Telluride Power,
7% ,pfd.
Tennessee
3
1-
preferred
7%
■
(year-end
Inc.
Technicolor,
1-
25c
(year-end)
Co., class A
B' (year-end)
Class
Name
Western
Holder$
When
Per
Holden
Payable of Rec.
12-28
12-16*
12-28.
12-16*
1-1
12-16°
Share
25c
25c
$1.75
Company
Foil
S.
12-10
1-
u.
12-10
1-
t50c
common
1-
J45C
Ltd.,
(G.)
Tamblyn
Name of
Payable of Rec.
When
Per
t
.
Holder s
When
rer
Name
Monday, December 27, 1948
COMMERCIAL.& FINANCIAL CHRONICLE
THE
(2732)
,k
of
the
greater than at any
-
company
were
increased
$19,396,868 during the
represented expenditures for plant rehabilitations, im¬
modernization and additions, less depreciation and retire_+
hnnnvor
1"
+
ATo In>»
.Volume 168
Number 4763
portion of the expenditures
and
to
promote
to
was
efficient and
THE
maintain
economical
in
units
and
condition
sound
COMMERCIAL,& FINANCIAL
operations.
to
Dallas
completes
its
1949),
any
With building, costs doubling since
1940, depreciation funds pre¬
viously provided were not adequate to meet current ; replacement
requirements, the report stated.
To meet ttxis situation the company
$10,000,000
from
reserve
for
high
1949
and
date
the
which
on
long-term. financing (estimated to be in
event all loans are to mature not later
available
tion
January,
,
the
tn
$12,000,000
year,
'.'The
set
was
ahead
year
its
accumulated
aside
this
for
well bring
may
additions
cost
In
addi¬
earnings as an
to
fixed
assets.
other's
problems,
get the job
can
cash
purpose.
cient .freedom.
the
We
have
confidence
challenges, whatever they
11
April
COMPARATIVE
,'
Other
income
Total
Cost
of
3,258,089
*3,059,719
and
for
2,611,542
tion
re¬
of
inventories™
admin,
Gain
cn
property,
Taxes
to
Premium
tired
this
Interest
taxes)
Surplus,
begin,
2,377,653
23,367,181
2,648,282
:_
period
____
'
1,167,995
5,481,029
-additions
to
his
be
119,143,149
113,852,336
Third
to
from
action
an
5%
An
to
application
by
having
Kane
the
1941
have
been
earning
Surface
for
no
objections
to
had
The
to
bought $11,000,000
in
cars
Manhattan
by
the
he
asserted
has
forth
mer-
the
full
159,344,453
_____
Approp.
for
tions
to
Dividends
high
fixed
paid
155,891,855
addi¬
cost
assets-
10.000,000
9
12,000,000
15,397,710
__
____:
.12,436,612
Months
Net
'■Net
tories
133,946,743
131,455,243
$5.80
charge due to replacement of portion
involuntarily liquidated during prior
is
the
for
Net
of original "Lifo"
t53 weeks.
invenr
in
ASSETS—
2,293,435
1,159,047
832,000
871,500
440,400
$1,357,492
Earnings
per
outstanding
branches
improvements,
—
;___
20
,___.
__.—
Accts.
notes
receivable
charges
Other
dated
11,655,600
11,396,165
23,513,4^9
44,979,172
New
York
75,678,972
v
2,894,050
99,827,132
(curr.)__:
20,875,586
For
get
15,632,833
1
.
910,465
Capital
stock
($25
par)
Accrued
general
Provision
for
Serial debs,
"Lifo"
4,103,642
3,761,625
.____
47,219,862
26,575.990
year)—
2,500,000
1,500,000
1,250,000
;
26,530,927
11,885,346
5,767,000
5,767,000
high
3,000,000
cost
additions^to
12,000,000
16,000,000
16,000,000
(jDr)__
131,455,243
119,143,149
1,818,668
1,818,668
._.
Total
1,818,668
1947
V.
437,1^7,501
522,504,904
'After
for
reserve
and
Mr.
1946. i
168, p. 1626.
1948, $124,331,623
t77,804 shares at less than cost.—
.
'
*
'
a
quorum
to
at
Dec.
meet
for
be
17,000 shares
sold
Griffin
at
&
Dec.
on
($1 par)
$1.12V2
and
Vaden,
capital.—V.
168,
filed
17
that
Corp.
'';
2164.
p.
will
of which
$1
at
be
with
notification
of
stock,
shares
Proceeds
consider
said
he
estimated
taking
directors
on
the
7,000
shares
share.
per
used
for
the
SEC
Oil
would
working
to
V.
is
Tishman
Fresidents.
the latter
The
of
The
will
to
Hearing
Power
for
Corp.
in
oil
stock
for
authorization
its Big Inch lines which
company's natural gas
to
construct
vote
in
21
did
be
For
with
the
founded
Tishman,
real
estate
take
find
for
stated
out
"Earns, per
oil
would increase delivery capacity of the
system by 75,000,000
V
2232, 2330.
facili¬
cubic feet
day.—V.
a
'V;'-■
7;:\,
168,
tember
for
with
they
Cost of
M.
Sears,
and
the
why
in
list
prices
are
continuing
parts
increasing
motors
in
the
of
in
Period Ended Oct. 31—
1948—Month—1947
Operating revenues—Operating rev. deducts..
Fed,
and
normal
Operating
Other
Gross
$178,200
178,185
$3,738,535
2,643,155
2,354,398
15,200
10,500
560,600
425,500
"$3,206
"$10,485
$534,779
$506,825
34,809
32,545
454,280
having
an
in
reserves
/
■
income
-
$3,286,723
$22,060
$989,059
$769,800
10,177
8,128
117,587
directors
Dec.
on
20
total of $1.35
Lester
M'.
" it,
$21,426
$13,932
$871,472
$618,247
interest
quarter
a
properties
168,
have
in
iti\<
to
the
of the
elected
168,
p.
President
and
168,
of
Taxes
To
SEC
enable
meet
cash
10
the
approved
Electric
Service
construction
lend temporarily
following
Co.
proposed
Dallas
and
expenditure
Power
&
Light Co.
needs,
to Texas Electric
Texas Utilities Co.
from time* to time, cash
which
cash
between
December/1948
and
the
date
pletes its long-term financing (estimated
on
which
to be
Texas
in May
or
Electric
com¬
June of 1949)
income
p.
2588.
1948—9 Mos.—1947
$0.68
$1.98
declared
each
a
have
Net
applic.
income
income
per
"Of officers
ing
maximum
$7,475,264
$1,507,888
$2,122,842
493,640
427,694
401,649
-2,524,968
3,124,755
160,819
194,658
$3,856,869
$919,375
$1,526,535
734.300
734.300
734.300
$5.23
$5.25
$1.25
year-end
dividend
record
Dec.
of
45
24,
1948
30.
net
$1,687,934
earnings
$2.30
or
$2.08
$1,314,545
last year.
were
share,
a
734,300
.
Corp.—Earnings—
1948—3 Mos.—1947
1948—9 Mos.—1947
$15,927,941
10,637,795
9,013,590
»
$56,968,223 $46,025,458
32,095,262
25,631,340
5.270,391
'vi
■
2,424,976
1,811,000
7,273,682
$5,442,849
$5,103,351
$17,599,279
72,878
$15,123,72T
387,419
113,552
41,048
other
$5,144,399 $17,986,698 $15,223,279
in¬
72,758
65,516
340,362
299,854
1,845,000
6,590,000
5,600,00(1
ino.
taxes
V
..
income—'—_
V
;
190,000
$3,272,969
share—
'
.
130,000
550,000
$8,787,423
$7.11 -4
$6.91
$2.39
income
.
%
$3,043,883$10,546,336
$2.21
against
510,000
for
depreciation,
depletion.
etc.>
$432,131 and $293,176, respectively, for the quarters ended
and
totaled
1947.
For
$1,263,925
the
in
nine
months
ended
$823,634
and
1948
Sept.
in
these
30,
1947.—V.
168,
California—Earnings—
—
1948—3 Mos.—1947
Discounts received,
etc.-
137,438
income
of
Sell.,
adm.
depl.,
Prov.
for
&
406,316
,
23,876,974
156,399,186
85,011.166
5,844,937
18,011,057
284,375
1,162,638
853,125
6,521,531
etc._
iosses
vestments
44,695,697
124,817,914
6,173,296
exp.
6,574,885
18,806,529
16,551,768
paid—
Deprec.,
s
-441,627
387,875
genl.
Interest
$
95,494
54,348,732.
31,210,253
sales—
&
1948—9 Mos.—1947
$
44,600,203 155,957,559
54,211,294
—
125,224,230
69,237,974
17,034,882
in¬
on
on
advances
600,000
425,000
800,000
1,000,000
1,35G,303
& operations
prop.
1,058,180
3,763,810
3,145,541
Federal,
State
inc.
taxes
Net
other
&
profit
earnings
on
1,050,000
1,425,000
5,350,000
3,600,000-
7,043,427
5,206,346
23,493.986
13,749,940
per
$4.88
$2.80
As
corporation
traffic
cargo
1946
$9,218,693
2,943,590
1,129,737
730,000
1,248,900
474,717
10,650
10,650
$1,034,604
$1,684,040
$644,370
stock—
share
.V
$1,034,604
300,000
$1,684,040
$3.45
$5.61
300,000
12,846
$631,524
,
300,000
$2.10
employees' preference stock of subsidiary, represent¬
of 25% of par value.
in
taxes
to
President—traffic
part to
the
of
$1.07
included
with
cost
of
sales.—V.
estimated
and
miles,
a
gain
'who
United
having
of
in
with
said
168,
Year Ago—
mail
month
same
by
these
a
passenger,
the
released
ton
over
airplane
last
year
time
on
^ 7
a
off
Harold
increases
of
or
a
from
year
gained
October;
ago,
6Vfe%
freight ton
and 3%
from
were
but
a
drop
and
year
Vice-
due
in
revenue
of
22%
totaling 4,631,070,
were
up
11% from October. During
all
scheduled
within
15
up
53%
miles
flights
minutes
with
94%
scheduled
of
November,
from November,
totaling
from October;
express
but
1947,
■
Almost
ago,
a
Crary,
":•//'
miles, totaling 920.080, were
1%
year
miles,
but
completed 93'/2%
departed
='■
58% from
17%
of
Revenue
November
month
these
October.
figures
sales,
gains
compared
the
October.
but off
substantial
as
effectiveness of overall operating efficiency.
month.
United flew an estimated
89,788.000
the
from
Mail
showed
November
according
ago,
time.
\
$1.46
payroll
United Air Lines, Inc.—Traffic Exceeds
The
8%
1947
$15,487,238 $15,516,470
sh._
common
than
2331.
cents
1948.
i-
common
Sept.
$
previously been paid, this makes
equalling the 1947 record.
1,777,104
participation
.
$5,515,727
per com.
"Other
and
outstanding-———
and
1945
"Fed.. State & local taxes
12,500
com.
1946
124,794
exps._
State
on
passenger
—
to
1947
1488.
from
—„
shares
subsidiaries)
$1,998,048
against
Federal
30.
Sales
$2.79
shares.
to stockholders of
dividends
Net inc.
Common
'"I
191,420
income-/
697.310,
Net
said.
$1,316,468
Period End. Sept. 30—
products.
Orders for trucks
volume, he said, with the sale of
with the growing number of Tow-
"Minority interest
Preferred
resigned
interests
•
company's
income—estimated—,—
on
had
other
126,099
Sept. 30—
and
charges
p.
family
transactions:
at
any one time will not exceed $7,000,000,
and to
amounts which at any one time will not exceed
$4,000,000.
proposed that loans be made by Texas Utilities to Texas Electric
amounts
Dallas
is
Texas
their
proposes to
Dec.
on
;
hfe
his
$7,349,165
ended
Union Oil Co. of
the
$3,556,193 $11,376,844 $11,838,556
214,641
621.657
873,962
common
_________
on
of
$0,956,489
income
Cost
1948
sales
said
with
meetings
1736.
1948
Chairman
now
Co.—Earnings—
before taxes
minority interest
Texas Utilities Co.—Loans to Subsidiaries—
The
Net
in
Mr.
,
■
busy
so
for
stock
$6,837,024
share,
to
company.
and
Sears,
Ipc.,
2232.
been
him
him
paid.
was
Kansas City,
attend
hired
stock! buyers.
Corp.—Earnings—
NOTE—Charges
Vice-
(Including subsidiary, Trane Co. of Canada, Ltd.)
.
never
asking $1,000,000
give
other
$18,505,620
During
;
but
to
$3,039,843
amounted
President, stated that net sales in 1948 will ap¬
proximate $14,000,000, as compared with $14,500,000 in 1947, the
larg¬
est year in the company's history.
Sales of parts and services in 1948
will exceed last year's, he said.—V.
168, p. 1405.
:
and
Tucker
2,040,000
Earns,
the
2439.
p.
been
generation
years.—V.
9 Mos. End. Sept. 30—
'Loss.—V.
to
charges—
Net
share for the year,
per
Mr,
591,678
p.
for
Earns,
share, payable Dec. 29
conrtact
promised
good
proportionately
three dividends of 30 cents
a
151,553
income—________
Net
had
he
time
provision—
a
for
Prov.
the
use.-
Trane
$31,603
deductions——;
Income
said
had
quarter
proposes
262,975
.
_________
1948—12 Mos.—1947
$209,079
197,086
surtax
income
income
The
per
'
119,465
general
come
would
said that in line with increasing costs
industry, an advance was made in Sep¬
truck
and
misman¬
Harrington gave
complaint of Theodore
the
secured
former mayor of
products sold—
Gross
President,
lift
and
officers
its
charging
>.
and
buyers,
Operating profit
'Other income..
Ycar-End Dividend of 45 Cents—
Co.—Earnings-
the
and
outstanding
plant
asking the court to appoint
to
answer
Delivery, selling, admin.
p.
Texas Public Service
an
(Granick)
taxes
company
other
President
$0.61
parts
and
;
313,781
on
Lester
its
petitions
any
V-.-;'/
third
192,655
and
that
sales
based
The
1948—3 Mos.—1947
share_
com.
and
complaint
>:
(Including domestic
Sept. 30—
1948
tax
Total
Net profit after taxes—
the
on
against
or
properties
fields.—V.
former
$3,639,393
lose
may
.•/<' /<
hearing
of
expenses
the
Prov.
crUde
Cal.
paid
Net
them
Corp.—Earnings—
Period End. Sept. 30—
Gross sales
Tucker
corporation
funds
-
Union Bag & Paper
28.
Assistant
as
ten
set
the
.
Smith
167,
the
building operations of the organi¬
grandfather in 1898.
Both have been with
than
more
12
1946,
income
Interest
Tishman
the
represent
by- their
for
company
act
the
by
board.
$1.79
or
Construction Co., Inc.—New V.-Ps.
will
■
the
Sept.
V.
:,
•
a
alleged
12,
of capital shares
Earnings per share——"
be able
will
not
to
had
property.
Alan
required
to
at latter
between
either
of
barrels -of
the management division
they
Towmolor
on
16 involving
additional
of
■
file
income
Net
large stockholders would
offer Dec.
purchase
to
never
of
failed
one
as
\
that
another
on
No.
stockholders'
Dec:
which
proxies
County,
proposed
and
David
board,
throughout
Commission held oral "argument Dec.
request
Jan.
On
income
Federal
outstanding
present
a
unsuccessfully
their
purchase
Fresno
former
head
of
sons
the
the
Increasing Capacity—
pp.
to
the
at
hoped
Water
of land
and
leases
along
Valley and Guijarral Hills oil
"Based
on
is
Oil
acres
Pleasant
20 declared a year-end dividend of $1.50 per
stock, payable Jan. 20, 1949 to holders of record
Texas Eastern Transmission Corp.— FPC
ties
unable
properties
the
Stockholders
It
Tide
40.000,000
for this
$1,000,000
identified
.
31, 1048.
This makes a total dividend of $2.50 per share out of
1948 earnings, 40 cents having been paid on Dec. 10, last, and 20 cents
each on April 15, July 9 and Sept. 10, 1948.
Payments in 1947 totaled
81.20 per share.—V. 168, p. 2429.
vV
.■v/V:
Federal
27.
in
calls
Field,
pay $42,000,000
1,640
the
up
30,000,000
Another
Underwriter,
additional
Dec,
The
on
Dec.
on
capital
corporation's
Vote
was
oil
of
postponed
was
Western
sent
proposal
Nose
Robert
Taylor-Wharton, Iron & Steel Co.—$1.50 Dividend—
The
buy
50%
represented
attempted
not
' v:
.
court.
trial
he
He
Period End.
Pacific
had
Water's
Coalinga
zation
share
Get
time,
and
company
charging breach
got
not
i.
letter
a
common
10,000
Inc.
to
company
to
than
be.obtained.
again Dec.
Tishman Realty &
company
21
proposal
less
20
that
Thomas,
and
neither
a
after
Other
F.
companies
Tide
Taylor Food Co., Raleigh, N. C.—Files With SEC—.
The
Dec.
on
was
,;
Thomas
solvent
that
high regard for Preston Tucker." Mr.
grievances whatsoever,"—V. 168, p. 2589.
no
—V.
held
would
quorum
Humphrey
these
366,137,102
depreciation of $130,886,282 in
$120,480,185 in
Co.—Fails
a
that
.
$0.91
the purchase plan. He indicated he
hoped these
do so before the next
meeting on Dec. 27.
He said the representative of Mrs.
Doheny
to
in
day,
on
was
30%
of outstanding
action at the meeting.
proxy
16,000,00o
133.946,743
surplus——
■(Treasury stock
Oil
about
not
22,000.000
reserves—
for
voted
Mission
own
11,565,634
5,767,000
assets
Earned
19,911,202
•
for
General
7,920,000
23,600,965
maintenance of
properties
Reserve
successive
reason
meeting
a
taken
basic
inventory price decline-
Reserve for deferred
fixed
of
329,979
$1.07
Net
Humphrey, President, said the company, in the meantime
will continue negotiations with the
seller, Mrs. Carrie Estelle Doheny.
The properties are in the Coalinga Nose Oil Field in Fresno
County.
20,889,818
replacement
for
special
William
2,928,967
taxes
taxes
income
379,966
$1.14
stockholders
required
be
to
17,500,000
9,225,000
26,030,398
inventories..
Reserve
48,500,000
accrued liab._
(due within one
for
Prov.
1
;
payable and
of
The
hope that
150,000,000 150,000,000
81.000,000
Notes payable
Accounts
150,000,000
had
have
Total
second
vote
meeting
debt
4.
to
if
Underwood
meeting.
522,504,904 437,147,501 366,137,102
:
LIABILITIES—
Long-term
the
a
stock
'
"
April
he
9 Mos. End.
1946
Buy Oil Properties—Another meeting Dec. 27—
California.
A
<
1947
,
._.
he
have
168, p. 89.
Plan to
1,843,730
consoli-
said
director.
a
$1.94
403,008
Associated
said
Resigns from Board of Directors—
as
$2,510,491
share
common
from
30
$2,679,206
—
per
the
of
been
It
contended
scheduled
Depreciation
52,010,389
2,027.904
45,244,443
Total
Earnings
—V.
.
Attorney
has
Granick
Mr.
corporation
that
67,508,113
162,476,916 137,537,034
not
profit
17,148,958
;
subsidiaries,
Net
99,859.317
80,273.966
___,
SEPT.
$2,696,914
Tidewater
assets
from
120,879,764
sales
(less
Inventories
Due
Net
28.641.076
;
reserve)
$4.04
QUARTER ENDED
1948
$
.
11,314,814
___
___•
*
and
Deferred
$
140,276.632
securities
$3.84
THE
announce
338,300
share
common
and
warned
in
Igoe
days
Bryce B. Smith,
$718,647
336,140
.
Oct. 26,*46
51,383,007
Investments
Cash
Marketable
Nov. 1,'47
incl.
.
$1,421,935
338,300
__
shares
L.
stand
years
■
2,189,492
profit
and
remains
misapplication
damages.
BALANCE SHEET
$
estate,
1946
income taxes
Common
faith
condition
Jan,
must
Granick
$6,330,544
EARNINGS FOR
"Real
1947
$9,055,284
always
bankruptcy.
in good
solvent
case
and
Granick
1948
of
'
Michael
Tucker
"I
years.
Oct. 30,'48
It
if
replies
Mr.
82.77
__
COMPARATIVE CONSOLIDATED
to
filed
five
$8,531,717
■
..
Presjon Tucker by
act
^
charges
after
Federal
119,143.149
$4.71
._
Sept. 30—
sales
Profit
Surplus, end of period—
Earnings per share—
Ended
______
11,252,172
Corp.
Meanwhile, Cook County Circuit Judge Cornelius J.
Thomas* Steel Co.—Earnings—
130,395,321
•
corporation
an
the
Total
Securities
the
offering of the company's' unit#
business, Dec. 16.
(See also V.
168,
of
receiver.
a
sep¬
1945.
p.
.
Webster
&
on
2589.
financial
directors
"convincing"
disapppeared
or
168,
end
p.
the
was
the
agement
was
either
groundlesss."—V.
books
of
that
Judge
company.
the
•
Another reply, filed on behalf of a
group of 565 Tucker stockholders
by Attorneys Frank J. Adams Jr. and William T. Kirby, also said the
bonds
Bronx,
Stone
bankruptcy laws.
"
■
168,
\
.
and
the
committed
petitions
of buses
continuing
said,
"have
merger
the
Avnue
for
,■
with
Avenue
worth
and
Third
remained
evidence,
the
have*. been
Third
2.92
.
$3,000,
asked the court
to
place the corporation
bankruptcy proceedings.
The other, filed by five
alleged total debts from Tucker of $5,471, asked that
the corporation be
reorganized under supervision of the court.
The reply, filed for
lease
the
$4,594,072
2.57
r
'/
involuntary
companies
by abandoning street railway
increasing its income by operation
reason
entities.
that
V, /'•
at
total
a
under
power
guaranteed
that
shown
remarked
was
street
been
corporate
that
them
"owner
income
liabilities
current
The corporation denied
it is insolvent Dec. 22 in replying to two
petitions filed against it by creditor groups under Federal
bankruptcy
laws.
One filed
by three companies that aserted that Tucker owes
into
recommended
closed
corporation
referee
that Surface
said
the
mortgage
direct
to
Tucker Corp.—Denies Insolvency—
per¬
enter
assets
subscription
2330.)—V.
p.
.
the
the
said
to
its
the
were
started
relinquish
plaintiffs
adjustment
order
to
Avenue
3,138,443
2232.
p.
White, Weld '& Co.
Transportation Corp., a
Harry C. Kane, Supreme
savings and cut duplica¬
enable ;ithe
operation.
Avenue
income
while
148,246
surplus
(net)
stemmed
the
judgment in
substituted
arate
bus
Third
its
He
payment
16,394,739
by
tax
current
167,
that
work.
allowing
report
yielding
Mr.
21
effect
clerical
and
for
of
his
buses.
to
992,369
34,334,977
131,455,243
of
Dec.
franchises
1941
a
operation
685,222
19,258,205
1,691,438
27,889,210
year
of
316.016
the
"
30
1947
$6,982,918
2,388,848
$4,923,536
capital
subscribed—
banks,
Recommends
directly involved.
was
In
2,413,729
Other
'ger
Surface
of
on
would
it
I'ecommendation
car
holder"
amend
was
______
Corp.—Referee
SEPT.
$8,061,979
Transcontinental Gas Pipe lane Co.—Securities Over¬
by the Third Avenue Ry. Co., the Union Ry. Co. of New
an# the Southern Boulevard Co.
They asked for a de¬
franchises
and
•to
>
,
approximately ten
CAPITAL,
__
_
ago
street
re¬
taxes
for
8,020,678
ex-
debt
taxes
income
7,191,025
said
bookkeeping
referee's
petual
Dr951,513
9,009.449
10,234,162
11,289,323
year—
income
0881,551
9,204.828'
trust—™
unamortized
income
Other
inc.
charges
Federal
Net
—Cr741,841
than
funded
on
7,069,746
new
pension
and
pense
67,395,373
;r
who
City,
claratory judgment
fixed
of
etc
(other
Contribs.
90,689,980
8,657,573
10,729,410
disposals
of
York
101,512,378
exps
corporation
recommended
was
eight years
12,612.535
Depreciation
Transit
this
of
referee,
The
2,163,483,165 2,077,348,109 1,196,794,003
Replacement
from
—V.
such sums of money as may be
Electric with cash for the pur¬
Texas
of
to
It is provided
Avenue
Merger
Court
service,
inventory
1949)
the State of Texas,
and
from
borrow
Working
Ratio
Merger—
1,310,975,697
-
placements
Selling, and
Third
$
1,308,364,155
subsidiary,
—_
sales
prov.
i
to
assets
have
Dallas and Texas
time to time (not
of
current
Total current liabilities
will
sufficient
not
are
WORKING
1948
that the aggregate amount of all
such borrowings to be outstanding at any one time shall not exceed
$7,000,000 and that all of such borrowings shall be repaid not later
than Sept. 15, 1949.—V. 167, p. 751.
:26,'4G'
Oct.
$
2,364,372,130 2,251,826,353
_V
_.
income
inci.
tNov. 1,'47
2,248,766,634
requirements
proposes
than January,
without
Utilities
Texas
Utilities
Texas
cash
to provide Dallas
described herein.
poses
of
resources
Utilities
that
OF
'
Total
an
temporary
however,
and
necessary
«
2,361,114,041
the
Texas
earlier,
within
meet
^
1
'
*
•
revenues—
will
Americans
cash
estimated
STATEMENT
'
or May,
Sept. 15,
than
amount exceeding $2,500,000 which will
in part, of Dallas and Texas Electric fop
expenditures of the two companies.
To the
construction
the
for
Electric,
suffi¬
with
that
provide
STATEMENT
Oct. 30,'48
'
service
free
;
INCOME
Fiscal Year Ended—
•
Sales, «incl.
that
operate
they
be."
mgy
CONSOLIDATED
when
the
for
extent
new
done
December, 1948 it is
treasury funds in
used to meet the needs,
be
Last
problems to test the stamina
American business," Mr. Holmes
pointed out.
"In our own industry
predictions are always perilous.
We expect to continue operating our
business in' a manner that will assure full
production and efficient
distribution of essential foods.
■
I •' •
;"Management and labor, working together and understanding each
of
In
57
(2733)
Dallas
1949.
appropriated
between
CHRONICLE
1,934,670
1947,
were
up
ton miles totaling
dropped
14%
from
,
Twice
as
Many Freight
Ton-Miles Flown
in
1948—
Continued
gains
in
air
freight,
air express, and air mail and ai»
increasingly
important
part
for
air
cargo
in
the
overall
airline
picture
were
forecast Dec. 21 by
M. P.
Bitkley, Manager, of Ail"
Cargo Sales.
He said that, indicative of the rapid expansion of air
■V*A
58
this company
cargo,
1948
in
as
In
flew
the previous
volume
with
almost
twice
freight
many
as
miles
ton
in>-
are
parcel
due to
he said,
anticipated,
Costs of sales
and
expenses———
28,659
this
the
demand,
in
upsurge
Coast
and
United
New
added
the
of
loads
all
broke
Res. for govtl.
income
48%.
ment
sales
Net
profit
tlncludes
♦Loss.
Net
and
Deprec.
1948
$6,378,206
expenses-
inc.
state
1947
$6,015,460
1.501,000
1,250,000
tax
2,108,867
2,196,814
2,679,433
depletion—
and
Net
$2,284,773
dividends
$2 317,646
1,193,655
1,193,655
$2,107,507
895,241
$1,123,991
$1,212,266
1
shares
quotations
(no
795.770
$2.87
$2.91
397,885
t$5.30
dividend
preferred
will
(less
BALANCE
in
Mav,
in
1945,
earnings
these
1947
payable
for
share
per
and
1946
in
$2.65
are
BALANCE
U.
SHEET,
SEPT.
30,
two
to
hold
most
of
over
the
the
land
the
'
state
income
United Drill & Tool
and
accruals,
provision
$1,498-,903;
$2,107,836;
taxes.
The
contin¬
for
reserve
a
would
and
Helemano
issued
inome
tax—
Provision for Federal income
1948.
90
made
and
total
a
with $3.10 in
paid
13
cents
last,
to
per
of
$2
1947.—V.
stockholders
its
share.
cents
30
1948,
March
for
25
year,
See
$1,989,132
Waialua
■
$453,300
$1,197,500
187,500
187,000
Earnings
surplus
per class B
share——
"
Issues Booklet—
The
titled
a
corporation
"The
division
First
has
SO.69
-
.
$1,028,132
just
Drill
of
trustee
illustrated
28-page
a
Whitman
Tool
&
booklet
Barnes." which
Corp.—V.
168,
652.
p.
is
York,
New
issue
of
Period End. Sept. 30—
en¬
There
presently
3,110
been
have
shares
5222
♦Federal
39,436,418
of
Cr305,967
9,072,924
Other taxes
Prop,
1,624,662
retir.
reserve
and
appointed suc¬
bonds, and
has been
Y.,
N.
$976,899.98
15-year
1,158,132
6,021,660
2.941 402
2,395.035
11,035.738
drawn
for
'
1
redemption on
Jan.
31,
Net
oper.
$4,228,196
revenues-
incbme
Oil &
Wesson
Q.
A.
10,314,674
'
Gross
(net)—
$5,171,474 $23,085,555 $19,539,795
7,795
645,379
488,254
155,702
income
Port,
a
•■After
three
$5,179,269 $23,731,934 $20,028,049
The
168, p. 2440.
credit
of
$1,583,000
and
12
recurring deductions
series bonds.
for
months
of
215,856
265,310
reduction
Sept.
and
in
30,
taxes
income
1947
expense
on
for
well
Period End. Sept. 30—
♦Federal
expenses
$2,828,618
M:
273.401
retir.
res.
$18,612,410
Other
1,007,110
906,200
767,800
$962,987
$2,497,404
$3,490,880
3,271.439
(net)
3,513,563
16,286,766
income
12.416,740
Interest
other
and
ductions
$3,102,914
will
authorized
stock
of
to
transfer
2,343,688
3,237,391
,
account and
of
preferred
income
each
no'
from
par
earned surplus
share
is
After
credit
the three
for
..
3%
series
U.
,
ACCOUNT
FOR
$1 075,000
months
premium
tLoss.—V.
bonds.
Aug.
the
2
fiscal
this
at
and
took
23
time.
Nov.
1,
ended
year
167,
no
the
on
of
50
of
1,
1948,
1947
each
cents
1
the
year-end
paid
company
and
Nov.
1,
$1.—V.
of
United
States
♦Gross
Net
earnings
earns.,
come
1947,
168,
Balance
♦After
provisions
after
per
preferred
all
taxes
pfd.
on
$7,396,135
quar¬
and
p.
on
in¬
3,927,950
2,311.758
2,519,4^3
2,426,617
810,425
charges
Federal
$4.76
taxes
on
$4.59
income
and
caused
,
Interest
Geddes
has
been
elected
for
State
Prov.
for
est.
income
Fed.
10,934,824
220,193
112,331
885,000
800,000
12,700,000
10,400,000
20,255,079
14,666,726
taxes
income
taxes-
•
-.
250,000
t5,500,000
Reserve
from
for
provided
operations
—-
...
4,964,631
of
divids.
Cash
divs.
to earned
declared
declared
per
on
on
common
pfd.
com.
♦Including
surp.
20,255,079
800,000
•——__
14,666,726
5,764,631
1,168,000
1,168,000
1,168,000
1,603,605
stock
stock
3,207.210
,1.165,258
$16.37
share
depreciation:
depreciation
1946,
$23.15-'
§$6.51
1947, $32,932; 1946. 11,491.
amortization: 1948, $1,144,493; 1947, $1,-
1948,
and
$91,840;
$1,006,770.
.
a
director
to
fill
the
vacancy
in
par
stock
Two
$2.50 par shares were
1948
and
on
1978,
stock in 1947 and 1946.
issued in July, 1948, for each no par share.
old
no
par
value
treasury
from
and
TO
GIVING EFFECT
Bonds—
3%, due July
PRESENT FINANCING
*
A,
3Va%,
due Dec.
C,
3%%,
due Dec-.
5%
stock
preferred
Common
stock
ject
to
1, 1975——
1, 1977—
1,
$10)
(par
200,000 shs;'
1,250.000 >
2,500,000;
161.554 shs.
300,000 shs.
283,232 shs.
$1,250,000
2,500,000
1978—
$25——
(par
specified
issuable,
are
Outstanding
t$6,056,OOO
——-
aggregate principal amount but sub¬
restrictive provisions of the indenture under which the bonds
♦Without
.
other
and
funds
' •!
■
B,
limit
tExcludes
as
to
$20,000
held
in
treasury.
...
paid all dividends on its 5%
preferred stock since Aug. 11, 1945 (the date of merger) and there
has never been a default in the pavment of preferred stock dividends
by either of the company's immediate predecessors.
Company has
declared and paid dividends on its common stock at the rate of $2
per share ner annum
since the merger, constituting a regular semi¬
annual
dividend nf 75 cents per share payable in Jan, and July
of each year,
and an extra dividend of 50 cents per share payable
in Jan. of e'ach year.
At its meeting held on Nov. 15, 1948, directors
declared
the
regular
semi-annual dividend of 75 cents per share
and an
extra
dividend of 50 cents per share on the common stock
of record on Nov. 26, 1948, payable on Jan. 5,. 1949. "Inasmuch as the
additional stock will be issued after this record date, such dividends
will not be
payable on the additional stock.
v
DIVIDENDS—Company
has
regularly
is in the m'dst of a large
demands for utility service in
PROGRAM—Company
CONSTRUCTION
to
program
meet
the
heavy
by it.
In addition to the large increases in de¬
mand
for service by
existing customers? the company has obtained
a
substantial number of new customers since the close of the war.
the
served
territory
During
1946 and 1947 a total of 7,017 new electric and telephone
was
added.
Additional growth of new customers in the
is anticipated
ritory
the
■
—
Cash
1,
Series
fore,
adjustments,
profits in 1943,
postwar
out
reversed
J
,,
.
Mortgage
tomers
profit
Dec.
due
Series
609,761
26,047,673
180,947
10,325,063
tlncluding Federal excess, profits taxes of
$2,100,000.
SBefore postwar adjustment reserve, earnings, per common
share amounted to $7.88 a share.
IIBased on present outstanding $2.50
by the resignation of C. F. Moore.—V. 168, p. 1299.
932,764
/.
;
Prov.
tlncluding
New Directors Elected—
M.
15*914,367
5,589,304
25,114,909
.
$1.53
provisions
reserves.
Eugene
—
Total
137,780;
■
exps
income-;
II Earnings
after
requirements-
except
gen,
32.666,606
7,551,697
33,050,309
902,101
-
and
42,108,326
9,058,017
33,952,410
profit
admin,
Profit transferred
4.020,756
dividend
.
$
$-
223,048,533 193,970,041 126,385,319
180,940,207 161,303,435 110,470,952
$4,799,525
reserves
for
share,
31
,
2589.
div. requirements
common
—
1946
-
v,
net
sources.
expansion
were
1946
1947
$7,300,248
after Fed.
and
Earnings
for
1948
sold
goods
Balance
Other
Smelting, Refining & Mining Co.—Earn.
En^ed Nov. 30—
.
.
:
dividend
common
Net
11 Months
of
Gross
,
1948,
AUG.
from
♦Selling,
action
Aug.
sales
tCost
taxes
1299.
31,
a
May
on
arising
redemption
on
1948.
March
on
and
expense
Distributions
Feb.
1948;
income
in
Sept. 30, 1947
and
p.
terly distributions of 59 cents ea,<"h
2,
reduction
of
ended
Net
Chemicals, Inc.—Omits Dividend—
Dec.
on
declared
on
For
portion
12
of
directors
usually
for
and
,
YEAR& ENDED
sik insti¬
part
Authorized
common,
4,518,854
$2,132,862 $15,546,779 $11,388,766
deductions
S. Industrial
The
made
of
months
non-recurring
to
two1 shares of $2.50
v ,,f V'V l
J
into
convertible
now
stock,
INCOME
in
CAPITALIZATION
value share was- -spUt-into two
$ ■
$2,307,624
—...
,
and
first
1978, at
1,
The bonds will be cold to
Series
par value.
The common stock: account now amounts
represented by
1,200,000 shares of $2.50 par value.
this two-for-one split-up of common' 'shares; 'each' con¬
par value common
3%%,
First
\
• •
.
the comoany has
due Dee.
series C 3%%,
bonds,
used
internal
common
$241,250
of
be
C,
repairs
for
$2.50
CONSOLIDATED
795,290
the
of
1948
Net
subscription.
15.
spent
Expenditures
additional reaves
each five
ares
for addit'onal shares at
shares of such common
The warrants expire at
proceeds from the sale r< the additional stock
to pay the company's $300,000 current bank
loan
and
to
finance
in
part the company's construction program.
Other
funds
required
to
finance such construction program
will
be available from the sale of $2,500,000 first mortgage bonds* series
During the coming- years sub¬
to modernize a' number of plants
Depreciation charges axe. inadequate to
be
$3,000,000
Because
$4,476,550 $18,784,170 $15,907,620
de¬
(net)
to
facilities.
meeting
the
Dec.
PURPOSE—The
$3,362,718.
of
have
new
special
a
vertible
Gross
'on
by
taken
not
anv,
(CST)
tutional investors.
stockholders field .on July 26,
1948, there was adopted an amendment to the.articles of incorporation
changing the authorized common stock from 2,000,009 shares of no
par
value
to 2,500,000 shares of
$2.50
par
value.
The directors
209,949
1,223,797
t$168.525
revenues..
income
if
101.39 and interest.
will
replacements
for
shares
oper.
rights to subscribe, at $20 per share, for
stock on the basis of one such share for
^mortgage
and a hydrogen plant at Houston, Texas,
modernization' of other facilities are under
and
accounts
sums
construct
At
10,979,564
273,345
156,800
ended
stockr
its outstanding shares of
transferase warrants^ evi¬
the holders of
Dec. 1, 1948,
issued to
record
of
stock,
(ll
Gretna
expansion
capital
Net
unsubscribed
Sale of Bonds—As announced Dec. 8,
Plate
at present costs.
and maintenance amounted to $2,915,282.
$16,455,303
213,000
approp.
,
Stock
arranged to sell through Harris, Hall & Co. (Inc.)
The First Trust Co. of Lincoln,. Neb., $2,500,000
\ /
provide
12,559,543
1,425.466
Blue
plant at
as
equipment
'
ONLY;
.
16 at $20 a share. The offering repre¬
balance of an issue of 47,206
the company's stockholders at *he
Dec.
(2) the privilege to oversubscribe
pr'ce, subject to allotment out of the
p.m.
Report—
12
mantling of a number of old plants, the dismantling and sale of oil
at Brookhaven, Miss., and Sylacauga,
Ala., and other disposi¬
tions.
The
net
result is an increase in
buildings, machinery and
from non¬
redemption of 3%
1948—12 Mos.—1947
$2,582,233
2,256,598
8.668 Crl,0(57,497
Other taxes
Prop,
-
and
stock,
mills
the
arising
(COMPANY
2,502.071
____
taxes
EARNINGS
1948—3 Mos.—1947
Gas—
Nat.
revs.
1842....„
Telephone Co., Inc.—Common
Lieht
company
common
said
3
During the past fiscal year a total of $5,754,888 was expended on
capital additions and $2,292,170 was-written off to cover the dis¬
and
Oper.
the
stantial
OF
Nov.
way.
$2,755,513 $18,968,191 $15,010,514
ended
premium
STATEMENT
Operating
Unit
at New Orleans,
shortening
4.752,225
58,794
$3,143,155
* 4,547,887
68,411
income—
months
in
plant at Memphis,'Term., a pew ccffee roasting
La., and other units wero completed.1 Enlarge',
plant at New Orleans, construction of a new
shortening
new
of
as
2,364,962
1,172,332
to min. int.
net
miles
p.
price. During the subscription period, which
22,541 shares were purchased by the
dencing
2589."
p.
Snowdrift Co., Inc.—Annual
President,
plant
de¬
(net)'
applic.
Consul,
$4,383,898
other
and
ductions
168,
Dec. 15,
common
said in part:
ended Aug. 31, 1948, a new refinery at Gretna, La.,
Petersen,
ment
Interest
operating effie'ency of 98% for
were flown out of a total of
system
a
scheduled
1949, a total of
Corp.—Increases Interest
Corp. above.—V. 168,
During the year
Other
Inc.—Oct. Operations at 98%—
reports
shares offered first to
on
15, .1948 to Jan. 31, 1949).—V.
Petroleum
Warren
4,919,277
s
.•
*
2589.
705,029
when
the
sents
income
deplet.
approps.
.
1948
5.983,152
taxes
1946.
"
..
Hall & Co. (Inc.) and associates an*
nounced the offering of 24,665 shares of common stock
outstanding 4% cumulative preferred stock at $102.r
(being the redemption price of $102 per share, plus
share
per
See Chicago
i
32,250,386
1,268.897
168. p.
Western
held,
8.147,713
.
Offered—Harris,
of
1948—12 Mos.—1947
1948—3 Mos.—1947
-
•
holders.
•
10,389,249
■
electdc properties of this company for the
totaled 117,490,000 kwh.t an increase rf
108,175,000 kwh. for the corresponding week
the
18,
scheduled miles.—V.
same
$20,452,406 $16,566,387 $88,653,295 $73,507,284
revenues
expenses
1947' and
in
shares
par
no
\
output of
corporation
722,695
United Gas Corp. (& Subs.)—Earnings—
Operating
Dec.
the
over
The
t,
registrar and transfer agent for the capital stock.
accrued dividend from Dec.
Operating
600,000
„
Co.,
an
'
•••
•
••
.
of
output
ended
1947.—V.
com¬
Walgreen Co.—Partial Redemption—
issued
&
Trust
and
•
Western Air Lines,
$1.87
$1,74
;
Years of
100
United
of
$390,800 ' $1,010,000
__
.
Colonial
Dr245,4U
reserves
V
■
.
(par $10)
The
Dr480,840
'• Dr245,411
Wrest Penn Electric Co.—Weekly Output—
Agricultural Co., Ltd. above.
Trustee
sor
$1,215,132
62,500
cessor
Balance
■"
of
Walbiidge Operating Co., Inc., Buffalo, N. Y.—Succes¬
Net profit for periodExtra prov. for replacem't of facil-
in
tax-notes
in 1948
p. 1300.
Power
774,000'
Dr480,840
Dr245,411
$427,786' in 1947 end *324.Q<U
in 1948, $638,747 in 1947 and
for depreciation of $12,235,879 in
1947
and $12,402,864 in 1946.
HAfter U. S.
of $5,010,000.
♦♦Represented by 1.200.000 $2 50
SAfter
$12,610,060
8.61%
current
the
Dr480,840
in 1948,
$776,727
for
reserves
1946.
shares
—v., 168,
.
1078.
p.
3,200000
5.805.751
17.7721171
1948
$563,731
of
t.After
in
Government
■
3,200,000
5,805.751
1947 and
m
-+—.i
,
—a—$86,255,806 $75,308,614 $62,009,337
1946.
par
record Dec. 8
with 50 cents
and June 25,
of
compares
on
sharp
ner
158,
This
each
38,742 shs.
reserves
$680,560
•
.
'
5:805.751
shares—1——-
8,000
16,871 shares in
and
292,000
f728.°it
35,073,640', 28,063,687
—
per
Total'
.
6,177,771
:
3 '
'
17,813,036' 17.813.036 M'17.813,OV>
3.000.000
2,758,750 '
2,758.750
stock-—-
Preferred,
to
11,665,951
surplus.--—^ 3,200.000
in
7
$5,160,000
'
surplus-—
Common,
Waialua Liquidating Co., Ltd.—New Name—
1947
$1,968,500
771,000
294,000
This
of
25,
'
■
inventory
future
statement—--Capital stock reacquired, at cost—
stock
capital
.
pfd. stk. of no par
(outstdg. 300,000, shares)—
surplus,
$62,009,337
3,027.193
7,200,000
Earned
exchange for
in
payable^—payable
inc. taxes—
Paid-in
week
;
63,334
T>153,414
,
—
State
possible
October
1948
$747,300
tax—
Sept.
'
•
48.387
$6,144,105
' 292,000
291,565
$4,911,817
292,000
408,190
)!$9,277,623,
conv.
**Common
Ltd.
Co.,
of
share
One
be
-494,997
-'
^ '/
banks—
Capital
Reorganization Ap-
investments.
and
Dec.
on
dividend
on
pared
Quar. End. -9 Mos. End. Sept. 30Federal
company
cash
paid
Corp.—Earnings—
Sept. 30, '48
before
' ' '
• ■
$86,255,806 $75,308,614
.
to
and
for
cum.
' value
,
taxes
operations
sugar
.
LIABILITIES—Accounts payable
154,421
,
losses
$4
each
share of stock of the present company, which during the period of
reorganization is now operating as Waialua Liquidating Co., Ltd.,
through change of name. A. C. Budge, President, states that much
of the company's earnings come from income on land and investments.
gencies, $2,301,986 common stock (795.770 no par shares), $11,952,538;
earned surplus, $11,080,876;
total, $28,942,139.—V. 168, p. 1299.
335,288
trademarks--':'
and
dividend
Fed.
Res.
$3,225,800; capital surplus. $65,total, $7,667,972.—V. 168, p. 1189.
companies
new
1,335 974
6
1,330,823
6
——
dividend
Common
Est.
assets* including good¬
deferred
charges and
Pays 90-Cent Year-End Dividend—
and
p*
on Dec.
14 approved a plan of reorganization under
companies will be formed, viz: Waialua Agricultural Co.,
of
of
17,379,112
•'
payable and acrued liabs.
♦After
take
each
565,710
48,387
19,448,946
.
less)
or
and defd. charges—,
payable
Accounts
(amount
securities
Agricultural Co., Ltd.
new
Ltd,
1948
Treasury
S.
$28,942,139.
Federal
Note
1948
30,
$20).
(par
'
■
1,245,932
1,116,243
105,399
cost
LIABILITIES—
stockholders
The
'
$4,381,533;
stock
r'<
.
1,251,188
to
1947.
and
income
/
•
1,251,188
to
companies—
(at
T-—
exps.
Preferred
common
Waialua
bonds, $4,000,000; ac¬
counts receivable, $2,333,592;
inventories at lower of cost or market,
$2,015,491;
investments,
$1,215,391;
other
assets,
$411,697;
land,
buildings, equipment, wells, pipe lines, leaseholds, etc.—at cost (less
reserves
for
depreciation and depletion of $30,217,058),
$14,238,327;
trade
marks, contracts, etc., $1;
deferred charges, $346,107; total,
Profit
SEPT.
effect
give
to
split in July,
proved—
which
CONSOLIDATED
for
Prepaid
1943
respectively.
ASSETS—Cash,
SHEET,
marketable
$1,727,565;
earned surplus, $1,330,123;
466;
""After deducting manufacturing, selling, general and administrative
tOn an adjusted basis to give effect to the two-for-one
split
±AcHn«ted
.
stock
common
.
-.
and equipment--: 23,185,845
1,304,530
affiliated
patents
ex-
—,
Total'—————————'———
reouirements.
and
reserve
Federal
advances
and
(at cost)
50,122
insur—
.
2,761,658 " 2.771,734
36,553
;
29,757
3,905,078
life
23,306,667
"v'!
-
.
.
.
t$0.49
.
$1,680,949),
$22,834;
$504,788:
against
taxes—
in
machinery
Process,
$1C2,562
32,258
$1.03
—
of
of
refund
and
,
-
—
investments
SBldgs.,
accruals.:*. $$58.582*r dividends
and other governmental
reserve for contingencies and in general, $513,373;
marketable securities reserve, $142,206; preferred stock ($20 par value),
expenses.
$1.73
$189,563
161.290
.
$1.08
prepaid expenses, $42,580; total, $7,667,972.
payable,
charges,
for
allied
Misc.
197.885
+$3.46
par)
Earnings per share—
,
161,290
$948,789; processes and intangible
subsequent write-downs), $600,000;
$1,304,800;
—
stk.
com.
$197,890
•
outstanding—
preferred
$3,750,325),
$482,004
795.770
—
Surplus
Shs.
42,000
$1,461,956;. accounts recei^ble, $523,096;
inventories, $2,186,541; other investments, $177,445; plant and equip¬
ment
(after
depreciation, amortization and obsolescence reserves of
$1,377,245
895,241
$1,091,118
profit
130,000
Cr 152
LIABILITIES—Accounts
Common
etc
Investments
replace¬
:
.
raw
:
—
profits
cess
6.0r0
32,205
115,000
income taxes-
inventory
ASSETS—Cash.
1945
$3 697,096
902,000
1,417,851
1946
$5,466,374
1.414.000
Sept. 30—
after
6.000
19,870
(net)-
of
—
surrender value
Cash
Claims
8.000
—
CONDENSED
(& Subs.)—Earnings—
United Carbon Co.
9 Mos. End.
of
five-for-one
ket
♦Profit
1.547,268
28,284,139
purchases
-
tLoans to girtners and others
$182,615
36,835
—
income
♦After
the
income.—V. 165, p. 1238.
non-recurring
$120,936
$345,433
$357,725
_
♦Earnings per common share
1948—9 Mos.—1947
$1,714,595
$1,587,587
146,545
*1,000,704
*445,036
33,024
Land
Inc.—Earnings—
tl43,034
—
$149,591
59,359
chgs, other than Fed.
charges
reserve—:
Common
Net
9,099,895
3,086,871
24,832,843
receivable
notes
for
Inventories
•
Application
.
1948—3 Mos.—1947
$598,817
$512,996
LJ.
1
Reserve for Federal
year
United Aircraft Products,
$286,074
25,853
—
taxes
Miscellaneous
its
Period End. Aug. 31—
$331,872
__
-
income
Total
were carried just prior to Christmas when
previous cargo records.
During December, the
company flew an estimated 2,905,000 cargo ton miles, 41% above Decem¬
ber of
1947, and 43%
above the January-November, 1948 average.
—V. 168, p. 2439.
"
Peak
United
10,601,770
$5,293,077
3,014,702
5,850,456
.
'
1,021,$94
mortgages,
converted
and boosting carying capacity by
profit—
income
Other
Between October, 1947, and December, 1948,
DC 4's to its all-cargo fleet, bringing
England.
four
the number of such planes to 23
$7,764,721
3-014,899
materials
increased its cargo
company
1946
and on band$13,465,822
securities-..——„——3,014,801
Advances
31,860
post.
meet
1947
and
♦Accts.
,4 6PO.R78
31
AUG.
SHEET,
1948
■
in banks
U. S. Govt,
$862,329
$1,732,293
1,415.215
31,004
$2,329,957
1,969,426
Depreciation reserve
BALANCE
ASSETS—
1946
Cash
products of detinning, smelt¬
ing and other factory operations-
full year's operation of air
a
Monday, December 27, 1943
>
CONSOLIDATED
1947
1948
Sale of
.carrying capacity between Chicago and New York by 80%, between
Chicago and Denver by 45%, and added new service to the West
Fed.
CHRONICLE
Vulcan Detinning Co.—Earnings—
Quarter Ended Sept. 30—
estimated,
December
Gross
To
.
FINANCIAL
&
year.
United flew 20,068,000 freight
ton miles compared with 10,161,000 in 1947.' In addition the company
flew-7,233,000 express ton miles, an increase of 5% from 1947, and
9,271,000 mail ton miles, a gain of 7%.
Further gains in air mail
1948,
COMMERCIAL
THE
(2734)
for the immediate future.
large increases 'in all of
The company estimates that expenditures fov
the remainder of the year 1948 and ine
amount to approximately $6,000,'000,, of
necessitates
company.
and
cus¬
ter¬
This expansion, there¬
the utility facil:ties"lof
property during
1949
and
1950
will
plant
years
wh'cii
i" to be expended for electric properties,
$1,324,000 for telephone properties, and $235,000 for gas and water
properties. The expenditures for the gas and water properties include
approximately $50,000 for completion of the relocation
of a gas
supply line, and the balance is essentially for general improvements
approximately
of
the
$4,441,0000
existing systems.
•*
incorporated in Kansas
Electric Light Co., which
June 7, 1922.
Company
is the
surviving corporation resulting from the merger effective on
Aug. 11, 1945 of Western Light & Telephone Co. (Del.) into Kansas
HISTORY
AND
BUSINESS—Company
was
Sept. 22, 1909, under the name of Concordia
changed • its name to Kansas Power Co. on
Volume, 162
Power.
Co.
merger
L.'ght
Number 4763
(Kan.i,
The
name
was
changed to the
Telephone Co., Inc.
&
•Company
is
public
a
qf,,
THE
the
utility
natural gas
purchased .from ,otherst
manufactmes
and
sells
ice. • ^The
For
part-of
its
load
It
:also
and
-
and
program. "
Accounts
1
percentage
ex»reise
writer
of
,<af
are
stock
not
additional
the: warrants
agreed
follows:'-/,
,as
.The/complaint in (she
The
Hall
.&
Co;
(Inc.)
and. the
pursuant
purchased
.
by
under-J
Beecroft,' Cole'. &
Estes
&
The
Co.,
of
Percentage
!
168,
I*
'■•••.•"
9
,
Co.
(inc.)™,!
also
was
Insurance Co., Oakland,
Registration Statement—
;>,v
Brake
The
Reserve
sh?res
common
.nrod
to
Cleveland,
Deo.
16
fi'.ed a. letter of
par)
preferred
;»
per
share,
increase capital of
2,000
at
without
shares
$55
underwriting.
company.-—V.
164,
the
Proceeds
2738. '
p.
•
Orders
booked
Orders
unfilled
Profit
will
Walter
P.
been
died
Marshall/Vice-President
elected
Dec.. 6.-
on
President
to
succeed
Period End. Oct. 31—
late
Common
16,134,424 158,267,643
1,391,439
2,820,443
4,449,745
834,836
*1,623,302
10,516,905
4,046,899
16.676
Due
shr.—
88,167 329
—
47,837,875
sales.
±
sales
13,016,342
$3.51
and
administrative
June,
138,123,594
2,831,798
6,117,077
5,787,550
expenses
profit.,
income
—
Loss on disposal of capital assets.
Expenses preparatory to production—west Coast
Expenses—real est. not employed in operations
5,035,811
4.000
-
2,442,597
157,000
compensation
taxes
profits
1,180,000
profit..
""
1,262,597
shares
Earnings
8,262,581
per
2440.
"Restated
outstanding..
share
reflect
for
solicit
1
<
for
$82,780,764
depreciation
168,
2589.
p.
for
It
1.
Kirby.
in
the
the
will
It
reorganization
a
reduction
a
/
•
plans
Feb.
to
Homer
preferred
six
of
W.
•Rich,
V. 168, p.
before
company
be
will
plan
held
in
determine
approved
company's
in
capitaliza¬
of
asked
,20
other
represent
ICC.
the
ICC
holders
to
the
in
■
in the East, the committee said it
pro¬
participation for preferred stockholders in
the
road,
Brown,
Frank
New
V.
N.
and
"to
attempts
oppose
eliminate
to
equity.
committee
Edgewater,
Dec.
on
to
the
members
adequate
the
stock
authorizations
proceeding
of
Downs, Fa.;
16,298
E.
are:
York
J.;
Max
Stanley Baxter,
City;
McMullin,
Richard
R.
Ziegler,
Manhasset,
Humpton
Philadelphia,
VI,
Chairman;
Forest
Hills,
L.
I.;
Penfield
Dorothy
New
M.
York.—
2589.
2,197,000
3,280,834
698,163
655,414
2,690,113
2,582,671
2,690,676
$2.18
——
Woodley Petroleum €0.—Ruling
The
Dec.
$0.96
'
Committee
ruled
17
two
shares
the
of
Stock Distribution
on
New
York
the
capital stock be quoted
additional share of capital
one
of
Securities
on
that
distribution of
5,873,169
.
common
to
called
holders of
to
obtain
to
Members
3,784,000
:
amend
diminish" .the holders'
or
6,528,583
Surplus for period
$80,799,898
reserves
1947—V.
337,000
(est.)
.
Common
should
reorganization
Benjamin
37,251
(est.).
Examiner
of
it
33,376
2.271.00J
..
685,186
on
in
11
IOC
Composed
253,359
:
incentive
for
Jan.
ICC
which
10,699,875
$72,QP0,000 to about $47,000,000.
group
posed
12,438
Preferred dividends..——
10,533,581
r.""
"305,668
deductions
for
Provision
Net
842.189
other
Provision
-(After
reorganization
on
from
16
2,690,954
16.507,351
Ry.—Reorganization Hearing Post¬
before
1947,
authorize
5,791,810
10,943
1,427
2,690,713
16,507,592
16,173,044
Br743,558
...
$5,352,510
hearing
Dec.
reorganization
667,698
10,700,699
—_—__
new
6,322,628
15,514,500
...
adjustments.
and
1.318
3,563,179
15,514,500
—
shares)...,
......
1948
734,534
TS7
'
reflect
20,060
688,570
...
'
the
from
A
5,124,112
515,017
7,000,000
Shareholder's Group Ask Say in Revamping—
124,380,134
10,185,681
—
—
directors.
in
postponed
tion
3,609,529
2,159,848
17,582
—
to
scheduled
was
"1947
175,346,360
155,434,072
—;
1,898.548
7,337,COO
—
$6,647,657
A
Subs.)—Ann. Report
deprec. and amort.).
amortization.—.
10,206,828
claims
poned—'
$2.97
1948
2,667,682
4,176,893
excess
compensation
Wisconsin Central
13,016,342
(excl.
workmen's
and
"Restated
40,825,784
13,016,342
deferred
3.479,982
on
for
officers
Total
of
Cr5,797,000
34,514,886
(&
and
Preferred treasury stock (11,800 shares at cost)
72,354,279
8,101,000
29,224,495
$2.53
taxes
Capital surplus..
Operating surplus..
69, 994,956
$2.45
income
Reserve for contingencies, etc.—
607,622,382
33,546,345
13,016,342
for
(contra, incl. in other assets)..
Reserve for guarantee and
policy adjustments..
1947
947,803 731
3,750 000
$8,255,186
'
1
Liabilities
1,056,556 283 987,383,571
730,934 046 715,566,792
36,579 454
$82,780,764
$9,495,496
„
prior year
:
Sundry payable, customers' deposits, etc..
v..
Reserve for renegotiation refunds after taxes-
$
8, 101,COO
839,367
payable—Trade—
profits taxes
auto¬
$
.
—
Preferred stock (155,145 no
par
Common stock ($1 par).
27, 379.070
145,814
payroll, incentive compensation, taxes,
Reserve
com¬
in
583, 342,409
>
27,889,516
1,018,966
—
etc.
JL189.
Miscellaneous
7,320
*301.660
.
p.
from
1948—12 Mos,
•
15,552,716
514,489
income tranfd." to
168,
Accrued
exclusive
trade
3,394,433
595,250
$80,799,898
...
—
Accounts
and
any
accoun'cf
"Deficit.—V.
itself
the
$
—
oustdg.
com.
Operating
25,000
-earned rurp'us
;r
restrained
4,108,927
31,008,573
LIABILITIES—
<
an
3,750,000
Total income—
1,343,355
430,908
Deducts, from net inc.
Net
insulated
on
8,147,022
16,627,326
_
assets
Total
1,262,215
144,231
month.
Other
suppressed
automotive
braking
26,306,478
■
shs.
General
14,230,501
117,728
Orl4,991
during
and
.
63,602,823
—
Depreciation and
160,310,654
*286.677
income
of
—
in
Bendix.
braking patents
Willys-Overland Motors, Inc.
Net
1,429,004
Co.,
•
6,344,563
21,787,197
current
or
action
whether
601 155
1,231,627
Delayed income (net)
for
field
711,275,535
charges^
168, -p.
Other
.
Nemours
reserve).—_
...
assets
current
Minneapolis
1948—10 Mos.—1947
17,366,051 159,C95,647 174
income
curr.
de
and
Fiscal Years Ended Sept. 30—
36,933
Net ord.
Net
—V.
57,293
Grors or^'. inoome___„
from ovd. inc.
Pont
1948—9 Mcs.- -1947
reserve
per
Cost of
Deducts,
.Extraoid.
after
Earns,
the President,
L
Egan
who
Joseph
du
Westinghouse
brake
Net income.
be
•
ACCOUNT
1948—Month—1947
communication
(net.)
INCOME
15,535,276
15,477,978
Net oper. revenues
Ordihary fuccine — 'non¬
t
the*
to
I.
,822J729,P40 744 797,608
730,934,046 715, 566.792
_v:
refunds
'
Operating revenues
Operating expenses ~W.
,
Assistant
'
•</
'S'' COMPARATIVE
.
and
the
of
Federal carry-back tax
SEC
Western Onion Telegraph Co.—New
President—
has
E.
that
railway
Period End. Sept. 30—
(no par)
comshare -ami the
per
Co.,
$
O.—Files
notification with
and
offered
will, b?
conspiracy
Trial
Westinghouse Electric Corp. —Earnings—
,
Inventory
preferred
$10
a,t
Co.,
alleged
(less
latest .cost
Deferred
brakes
the
Income taxes.—
($50
stock.; The
Finance
*
•
company en
for (i,0Q0
;mon,
•
the
part.
'
Sales billed——
With SEC—
of
taken
of
(less reserve)
*1947
$7,467,204 $14,999,524
9,342,371
9,864,611
tProperty, plant and equipment......——
charges
—^._r.
.a——v-i.
It -charged
by forming
a
corporation
jointly
with
Bendix
to
exploit braking system patents.
This
corporation
was
the
BendixWestinghouse Automotive Airbrake Co.—V. 168, p. 90.
The, company has asked the SEC for' permission
to
withdraw its
registration statement
(No.
7642)
filed Aug.
25, last and covering
18,000 shares of common stock
(par $10). The registration statement
became effective Sept. 29.—V.
168, p. 1736.
Western
1947.
9,
Corp.
charged
in
motive
Western Pioneer Automobile
Calif.—To Withdraw
!
part
have
cross-licensing automotive
petition
5
T
.
.
It
id
1
Air
Motors
systems -by
basis.
'-j0
-
ZI
"Zl'
,
that
to
complaint charged that Westtinghouse
(competition
in
the
manufacture
and
sale
15
,
i
only
covers
The
25
%
2440.
p.
General
10
Co.__
Lathrop-Hawk-Herhck
-V.
._i_
I-jAIIy.
1
25
Inc,_:
6mall-M Iburn
The
Lincoln,- Neb^t___^____^_^_
Co
Judgmeat
Westinghouse is said
Automotive
"♦
*
.
The. First Trust. -Co.
^ulieti Collins'& Co.
December
Other
against
the 1 remaining
defendants will
begin in
the
near
future,
according to the Justice Department. They are Bendix Aviation
Corp.,
Hydraulic
Brake
Co.,
Wagner Electric
Corp.,
Bendix-Westinghouse
the
to
eadii
filed
was
deposits.....
seeurlties, at redemption values—_1
receivable—Trade
market
and six (Other corporations with conspiring to
monop¬
olize the automotive and industrial brake business in
the United States.
^
,v
■
Harris,
be
sase
Oovt.
S.
59
30
1948
demand
and
Inventories—At lower
Westinghouse
which
several' underwriters
subscribecLlor;
to,
the braking system industry.
judgmeat ^requires Westinghouse to license its existing auto¬
brake patents, 77 in number, to all
applicants on a royaltybasis, the Justice Department announced.
free
.
•
the
trade in
The
.
of
U.
motive
the
names
CONSOLIDATED BALANCE SHEET. SEPT.
ASSETS—
■
Cash
operations,
UNDERWRITFirtS—The
'
<of
12
months
ended
Aug.
31,
1948, the .company derived
approximately i65,7%
of-its ■ gro.s- operating
revenues
from electric
32.8'/ from telephone/5.2% from -natural
gas, 1.8%
from
water, and 4.4%' from ice.
,
(2735)
anti-trust consent Judgment has been entered in the Federal
District «Cou-rt of New Yonk againsc the
company terminating restraints
gas
•
CHRONICLE
An
and
and
FINANCIAL
Westintgiiouse Air Brake Co.—Consent Judgment Ends
y
sells
water,
electric
&
Anti-Trust Suit—
generating.,
electric
energy;
sells
sells
ihe
Western
ctstributas
distributes
budding
of
in
selling-
company
.surviving
.
name
principally
and
,
as
present
engaged
purchasing,
transmitting,■< distributing
and
in
furnishing telephone service.
appliances
rarporatian
company's
COMMERCIAL
Curb
"ex"
stock,
capital
Exchange
Dec.
on
$8,
par
28
on
the
for
each
stock held.
The Exchange has received notice that
tjie certificates for the above
distribution will be mailed 'by the transfer
agent for the corporation on
adjustments.
Dec.
27 to
holders
of record Dec.
11,
1948.—V.
168, p. 2440.
STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
<
,
:
ARKANSAS
-
the
Ei Dorado Ind. Sch. Dist., Ark.
Bond Sale
The $500,000 con¬
struction
bonds
flection
thje W.
authorized
at
an
August were sold to
Stephens Investment
.Co,, of Little Rock, as 2%s.
in.
R,
,
,
Unified
School
District,
Alameda
.
County (P. O.
Oakland), Calif.
,
*
Bond
Offering—G.
E.
Wade,
County Clerk, will receive sealed
bids until
10
opin¬
ion of
Hawkins, Delafield & W ood
of New York
City, that the bonds
are valid and
legally binding ob¬
tion./Enclose
a.
certified
or
Big Pine Unified School Districts,
fnyo County (P. O. Independ¬
ence), Calif.
Bond
Offering—Fay Lawrence,
County Clerk, will receive sealed
(Calif. PST) on
Jan. 3 for the purchase of
$226,000
.'vided
bonds, divided
•
follows:
as
$4,310,000
March
1,
series
A
bonds, due
$150,000 in
$175,000 in 1956 to
$2,106,000
series
B
bonds, due
(March 1, :as follows: $76,000 in
.1:951, $75,000 in 1952 to 1955, $80,-
$113,000
1965,
1974.
i
>
and
1951
1,
to
in
1966
series
as
C
1954,
$60,000
1959, $65,000 in 1960 to 1964, $70,.000 in 1965 to
*
1969, and $75,000 in
1970 to 1974.
Dated
nation
.
March
$1,000.
1,
1949.
Principal
Denomi¬
building
follows:
.
Due
Feb.
1,
the bonds shall bear.
Bidders will
be permitted to bid different rates
of interest and to split rates irre¬
spective sof the
bonds.
maturities of
the
The interest rate stated in
the
pay¬
Board
of
Bond
Sale—The $185,000 build¬
ing bonds offered
168,
14—v.
2482—were awarded to the
p.
Bank
Dec.
011
Dated
(F-A)
$6,000
in
and
$5,000
in
1969.
Feb.
tion $1,000.
J.956,
1959,
1, 1949.
Denomina¬
Principal and interest
payable
at
Treasurer's office.
the
Each
of
America
National
bonds
dated
are
mature
Dec.
Dec.
on
1
1,
from
101.10
for
2V4S
was
1949
to
National
Bank
of
School
Bond
—
1, 1949. These bonds were
authorized at the general election
on Nov. 2.
Costa Mesa
School District,
Orange County (P. O.
Santa Ana), Calif.
bid shall
be in
bids
be
considered.
The
legal opinion of O'Melveny &
Myers of Los Angeles, approving
the
bonds,
will be
furnished
the
successful-bidder without expense
to
the
bidder.. Enclose
a
on
Dec.
28
11
a.m.
for
the
(Calif.
PST)
purchase of
$295,000 not to exceed 5% inter¬
est building bonds.
Dated Jan. 1,
1949.
Jan.
Denomination $1,000.
1,
follows: $15,000 in 1950
1968, and $10,000 in 1969. Prin¬
cipal and interest (J-J) payable
as
at
the
County Treasurer's office.
certified The proceedings for the issuance
bonds.
able
at
the
County
Treasurer's
which
able to the County Treasurer.
shall
of
bear.
mitted
River
Mills
Elementary
Dist., Shasta County
Sch.
(P. O. Redding), Calif.
Bond
Offering—Ruth
A.
not to exceed 5% interest
Dated
2,
1950
building
1949.
will
at not
be
De¬
Due $600 Jan.
1965.
Principal
(J-J)
payable
at
Treasurer's
office.
County
bonds
$600.
2,
to
interest
and
Jan.
sold
for cash
and
the
The
only
less
than par and ac¬
interest to the date of de¬
crued
livery.
to
interest
Each bid must state that
the
the
pre¬
offered for the
bonds bid for, and the rate of in¬
for
bonds
certified
10%
bonds
of
bid
shall
or
the
bear.
En¬
cashier's check
amount
of
per¬
of
irre¬
must
be
in
a
multiple of
be furnished to the successful bid¬
without charge.
Delivery of
der
said
bonds
successful
will
be
made
bidder
at
Treasurer's office
as
to
the
soon
bonds
can
estimated
1949.
ized
be
prepared,
to
be
about
These, bonds
at
2.
Enclose
check
a
the
County
the
as
which is
Feb.
were
the' general
cashier's
15,
author¬
election
on
certified
or
for
$10,000, pay¬
the County Treasurer.
Mendocino County
Pittsburg Community Hosp. Dist.
Contra Costa County (P. O.
Pittsburg), Calif.
Bond
the
for,
payable to the
Chairman Board of Supervisors.
(P. O. Ukiah),
tal
Sale—The $350,000
bonds
168, p. 2483
Broaddus,
20—v.
awarded
to
Chicago, and Dempsey-Tegeler
Co.,
bids until 2:30 p.m. (PST) on Jan.
of
not to exceed 5%
were
hospi¬
Dec.
&
of
2V2S, at
purchase
—
on
Paine, Webber, Jackson & Curtis,
County Clerk, will receive sealed
for. the
offered
of
Calif.
Bond Offering—W. J.
10
be
rates
rates
any,
the
a
split
The interest rate stated in
able to
separately
will
different
to
the
bonds
rington of San Francisco, approv¬
ing the validity of said bonds, will
and
if
the
y4 of 1%. The legal opinion of
Orrick, Dahlquist, Neff & Her-
Nov.
state
bid
and
bid
the bidder offers part and accrued
to the date of delivery
interest
Bidders
specify
spective of the maturities of said
bonds.
Pres-
leigh, County Clerk, will receive
Dec.
$1,000.
Due Dec. 15, as follows:
$30,000 in
1949, and $25,000 in 1950 to 197L
Principal and interest (J-D) pay¬
must
Fall
coupon
Dated
interest
Due
to
construction
Denomination
Bidders
terest
—
1948.
rate
close
.Bond Offering
B.
J.
Smith,
County Clerk, will receive sealed
until
or
15,
office.
mium,
Union
uncon¬
House
registered
cashier's check for 3% of the par
value of the bonds bid
for, pay¬
bonds.
Park
without
certified
a
high bid of sealed bids until 2 p.m. (PST) on
made by the Jan. 3 for the
purchase of $9,600
District,
Orange County (P. O.
Santa Ana), Calif.
County
multiple of Vi of 1 %. Each
Enclose
nomination
Buena
bidder
All bids must be
ditional.
1948 and
1963 inclusive. Second
Security-First
Los Angeles.
successful
Trust
be for a single rate of interest to
apply to all of the bonds and must
a
the
charge.
Savings Association, of
San
Francisco, as 21/4s) at a price of
101.45, a basis of about 2.04%. The
Jan.
and
to
or
&
in
1955
Court
to
O'Melveny & Myers
of Los Angeles and the
opinion of
said attorneys will be furnished
to
Sch. Dist., Orange
County
(P. O. Santa Ana), Calif.
bids until Jan. 18 for the purchase
of $150,000 school bonds.
Dated
1957
of the bonds will be submitted for
approval
Brea
bonds. Due Feb. 1, as follows:
$5,000 in 1950 to 1954, $10,000
,
will
specify the rate of interest which
-Chairman,
of
for,
Offering
B.
J.
Smith,
County Clerk, will receive sealed
in-, bid must be for the entire
$226,* terest
(M-S) payable at the Coun- 000 of
bonds, and no bid for a part
/
ty Treasurer's office. Bidders must of the bonds
'
3%
Supervisors.
as
and
'
the
to
$5,000 in 1955 to 1969.
113,000
High
School
District
to
due
$50,000 in
in 1955 to
able
follows: $6,000 in 1950 to
1952,
$10,000 in 1953 and 1954, and
bonds,
follows:
as
bonds.
1960 to
<$1,550,000
March
$100,000
p.m.
for
Elementary School Dis¬
trict
OQO in 1956 to 1959, $85,000 in 1960
'.to
2
not to exceed 5% interest
follows:
as
1951 to 1955,
1961, $100,000 in 1962 to 1970, and
.$200,000 in 1971 to 1974.
,
bids until
check
amount of the bonds bid
cash¬
(PST) on Jan.
i 11 for the purchase of $7,966,000
not to exceed 3% interest building
coupon
or registered
bonds, dia.m.
cashier's
or
ligations of the Board of Educa¬
ier's check for $2,500,
payable to
the Board of Education.
CALIFORNIA
Berkeley
bid must be in a
multiple of
of 1%. The successful bidder
will be furnished with the
%
of^ $580,000
interest County
a
about
St.
Louis,
jointly,
price of 100.07r
2.493%.
The
a
as
basis
bonds
are
dated Dec. 15, 1948 and mature on
Dec.
15
from
1949 to
1968
incl.
CO
THE
(2736)
COMMERCIAL
Columbus), Ga.
$550,000 2V4%
bonds offered
on Dec. 21—v.
168, p. 2590—were
awarded to a syndicate composed
of Courts & Co., Citizens & South¬
ern
National Bank, both of At¬
water and sewerage
168, Sept. 1, 1958, or on Sept. 1, in any
awarded to the year thereafter prior to maturity
ing bonds offered Dec. 20—v.
p. 2590 — were
Bank of America
Savings
as
Enclose
of
of the amount
value thereof, plus ac¬
interest; at 104%
if re¬
deemed in any of the years 1958
to
Due
3s.
26,COO
1 from
bonds
Dist.,
Sanitary
Sacramento
(P. O. West
Sacramento), Calif.
Yolo County
Sale
Bond
R.
15
Dec.
rate
of
awarded to
An¬
were
Moulton & Co., of Los
H.
geles, as 3s, at a price of 100.20,
net interest cost of about 2.98%.
a
The
bidder
highest
second
John
price of
about
3V4s, and $40,000 3s, at a
100.14,
was
$60,000
Co., for
&
Nuveen
net interest cost of
a
3.13%.
'
Willits, Calif.
Publicly Offered
Bonds
The
—
San Fran¬
American Trust Co., of
cisco, is publicly offering $125,600 municipal improvement
follows:'
bonds, divided as
1949.
1950
$35,000 2% sewer bonds of
'*//,
Due $5,000 Jan. 15, from
incl.
to 1956
1949.
1957
30,000 2V2% sewer bonds of
Due $5,000 Jan. 15 from
.
1962 incl.
to
2%%
60,000
of
bonds
sewer
$5,000 Jan. 15 from
1949. Due
1963 to 1974 incl.
bonds
The
15,
Jan.
dated
are
$1,000. Principal and
(J-J) payable at the City
'Treasurer's office.
These bonds
held
at the election
authorized
21. Legality to be
Sept.
on
approved by Orrick, Dahlquist,
Neff & Herrington, of San Fran¬
cisco.
.
,
CONNECTICUT
Naugatuck, Conn,
Offering
Bond
Moody,
sealed
R.
Treasurer,
Borough
receive
will
until
p.m.
bids
4
$35,000
Dec. 1, 1949 to 1963. Principal and
interest (J-D) payable at the Nau¬
gatuck National Bank, Naugatuck,
Denomination $1,000.. Due
or
holder's
the
at
First
.
National
option,
the
at
Boston.
of
Bank
They will be prepared under the
supervision
of
authenticated
and
to genuineness by
the First Na¬
tional Bank of Boston, and their
as
will
legality
whose opinion
will be furnished the purchaser.
The original opinion and complete
transcript of proceedings, required
in the proper issuance of these
bonds, will be held in. custody by
of
Rugg
-
!
;
be
approved
by
Best, Coolidge &
Gray,
Ropes,
Boston,
the First National Bank of Boston
-
and
.
available
upon
.
request.
livered
about
for
examination
Bonds will be de-
the
to
Jan.
12,
purchaser
1949,
or
on
the
at
First
National Bank of Boston for Bos¬
ton
and
Dated
.
No
bid
for
accrued
Dec.
Dec. 23,
23,
less
interest to
1948
than
and
date
due
awarded
900 2V2%
tis,
was
public school bonds of¬
20—v. 168, p. 2272—
a group composed
Harris Trust &
Savings
Dec,
awarded to
the
of
Bank: of
Blyth'&
Chicago,
Co.,
Inc., New York, R. S. Dickson &
Co., Charlotte, and Courts & Co.,
Atlanta,
basis
at
about
of
104.44,
of
price
a
a
Bank, William
of 104.32
was
headed
Offering —W. P. Walker,
Clerk, will receive* sealed
on
Jan. 11
for the
purchase of $160,000 not to
exceed
4%
bonds.
interest hospital
cou-
Dated
Sept. 1, 1948.
Denomination $1,000. Due Sept. 1,
as
follows: $5,000 in 1951 to 1956,
$6,000
in
1957
to
1960,
$7,000. in
1961 to 1965, $8,000 in 1966 to. 1968,
Jan.
on
syndicate
Fenn & Co.,
Phelps,
by
14
were
school
bonds offered Dec.
to
awarded
a
syndicate
Johnson,
Atlanta,
p.
2483—were
syndicate composed
a
$50,000 Dec. 1, 1962 to
June and $50,000
and $35,000
1S|6§,
pec.
1,
1966.
Principal and interest
payable at the City Treasurer's of¬
fice. All bids shall specify the rate
of
interest,
and
other things
all
being equal, the bid of par and ac¬
crued interest or better specify¬
ing the lowest interest rate will be
given preference.
The City will
furnish the printed bonds and the
approving opinion of Chapman &
Cutler, of Chicago, and all bids
Enclose
must be so conditioned.
a
of the par
certified check for 2%
amount of the bonds bid for.
Waterloo, Iowa
will
Clerk,
City
W.
Wente,
receive
sealed
Offering —H.
Bond
bids until 8 p.m.
Jan. 4
the purchase of $150,000 air¬
for
Nov.
Due
on
1,
as
1953,
to
1949
(CST)
Dated Dec. 1, 1948.
follows: $6,000 in
$7,000 in 1954 to
bonds.
port
1962', $9,000 in 1963 to 1965, and
$10,000 in 1966 to 1968. Bidders
should specify the coupon interest
rate and, all other conditions be¬
equal,
preference
will be
to the bid of par and ac¬
crued interest or better specify¬
ing
given
the
for
6
(CST)
purchase
$685,000 2V4s. Due on Aug. 1, from
1950 to 1958 inclusive.
320,000 2V2s. Due on Aug. 1, from
1962 inclusive.
1959 to
All the bonds
are
bidder
Halsey, Stuart & Co., William
Tindall & Co., and
Wyatt, Neal &
Atlanta, at a
price of 105 66, a net interest cost
of about 2.23%, as follows:
both of
Hornblower & Weeks,
Milwaukee Co., Milwaukee,
jointly, for $605,000,- 2V4s, and
$400,000, 2%s, at a price of 100.06.
Mt.
(P. O.
the
All
1948.
bonds
were
Principal
dated
and
3%
Dec 16
$350,000
Hospital bonds offered on
were awarded to G. H. Walker &
in
26,
the
by
a
Newhard,
Dec.
IDAHO
interest
These bonds,
on
Bond
Clerk
binding ob¬
ligations of the City payable from
1954, or thereafter on or
1,' 1958; 4% if re¬
on Jan. 1, 1959, or there¬
after on or before July 1, 1963;
2% if redeemed on Jan. 1, 1964,
or
thereafter prior to maturity,
.1,
before
July
deemed
plus
each
in
will
Offering
of
the
receive
—
sealed
re¬
payable
at
the
First Na¬
Huntington. Regprincipal. Each bid
must be for all of the bonds and
tional
Bank
isterable
state
must
terest in
a
of
to
as
a
single rate of in¬
multiple of y4 of 1%.
approving
opinion
of
Koss,
apolis, together with a transcript
of the bond proceedings will be
furnished to the purchaser at the
City.
of the
expense
certified
or
cashier's
1
1
Scottsburg, Ind.'
'
Bond Sale—The $13,500 electric
utility revenue bonds offered Dec.
17—v. 168, p. 2483—were award¬
ed to the City Securities Corp., of
Indianapolis. The bonds are dated
Dec. 15, 1948. Denom. $1,000. Due
on July 1 from 1950 to 1961 incl.
IOWA
Mason
p.m.
(MST)
on
works improvement
bonds.
Dated Jan. 1, 1949.
De¬
nomination $1,000. Due July 1, as
follows: $6,000 in 1950 and 1951,
and $5,000 in 1952 to 1959.
The
bonds will be ready for delivery
sometime shortly after Jan. 1. The
1%%
water
city will have the bonds
printed
and will secure a
satisfactory
legal opinion .from
Stinson, Mag, Thomson, McEvers
& Fizzell of Kansas City, as to the
at
its
expense,
legality
the
of
have
not
The bonds
offered
been
Fund
School
and
proceedings
the issue of the bonds.
the
to
Commission,
so
the
refusal
sale will be subject to the
by the School Fund
and all offers are
subject to rejection by the City
Commission.
Enclose a certified
of
purchase
Commission,
or
cashier's check
or
bid bond, for
$1,000.
Lyon County (P. O.
Emporia), Kan.
Sale—The
Bond
•<,.«.
hos¬
$250,000
pital bonds offered Dec.?; <20—v.
168, p. 2484 — were awarded to
Halsey, Stuart & Co. Inc., Chi¬
iy2s, at a price of 100.54,
basis of about 1.40%. Dated Jan.
cago, as
a
1, 1949 and due $13,000 on March
1 and $12,000 on Sept. 1 from 1950
to 1959 inclusive.
of
Trustees,
bids
until
Bond
Acadia Parish (P.
City, Iowa
bonds
Dec. 20—v. 168, p. 2591
Sale—The $131,000
offered
on
—were
awarded
as
follows:
Jan. 17 for the $75,000 street improvement bonds
to Carlton D. Beh Co., of Des
unlimited ad valorem taxes levied purchase of $300,000 not to exceed
Moines, as 4s, at a price of
4% interest building bonds. Dated
on
all
taxable property
located
100.20, a basis of about 3.95%.
Feb. 1, 1949. Denomination $1,000.
within the City. Legality approved
The bonds mature on May 1
Due Feb. l, as follows: $11,000 in
from 1949 to 1957 inclusive.
by Spalding, Sibley, Troutman & 1950, $12,000 in 1951 to 1953, $13,000 in 1954 and 1955, $14,OCO in
56,000 street construction bonds
Kelley, of Atlanta.-*
8
purchase of $52,000
Dec. 30 for the
for
$3,000, payable to the City.
'
Millen, City Manager, will receive
sealed bids,,until 8 p.m. (CST) on
Enclose a
check
*
"
U,
LOUISIANA
Marilyn Meils,
Board
for
fixed
Principal and interest
demption.
(J-J)
in¬
accrued
case,
date
the
to
Gooding), Idaho
opinion of counsel, consti¬
on
value, together with the following
6% if redeemed on
Jan.
Gcoding County, Gooding Class A
School District No. 231 (P. O.
vote of 1,255 to 68,
tute valid and legally
thereafter,
McCord, Ice & Miller, of Indian¬
Carmel), III.
Sale—The
Bond
Co.,
redeemable at
30 days' notice,
in inverse numerical order, at face
date
The
Wabash County
Lane,
are
option of the City on Jan. 1,
1954, or on any interest payment
terest
dated Aug. 1,
second highest
The
1948.
and
thereafter
and
the
Inc.;, Gr, H. Walker!■&. Co., premiums:
,
Space & Co., of Savannah, Brooke,
Waggoner,
168,
offered
York, and Dempsey-Tegeler 8c Co., of Chicago, at a price
of 100.05, a net interest cost of
about 2.36%, as follows:
\
composed of the Robinson-Hum¬
phrey Co. Trust Co., of Georgia,
both, of
$1,005,000
bonds
of New
was
Sale—The $750,000
improvement
to
The
—
1948
Blair & Co.,
Griffin, Ga.
Bond
Sale
of Chicago, Braun,, Bosworth
& Co.,
made by a
Inc., New York.
Oct.
Bond
pon
1:30 p.m.
$15,000
and
1, 1959 to 1961, $30,000 June
and
Jan.
sealed bids until
Paine, Webber, Jackson 8c Cur¬
Dated Jan.
1.96%.
15, 1949 and due on Jan. 15 from
1955 to 1974 incl. Second high bid
payable in Atlanta.
Pahokee, Fla.
A
Dated
June
$25,000
1958,
Dec.
White Phillips
Co.,
16—v.
Dec.
fered
1,
1949.
bids until 8 p.m. (EST)
Jan. 5 for the purchase
on
1, 1949. Denomina¬
tion $1,000.
Due $6,000 July 1,
1950, and Jan. and July 1, 1951 to
awarded to the Har¬
buildingy of
of
authorized at the election held
.
p.m.
were
Blair -&
County (P. O.
Savannah), Ga.
Bond Sale—The issue of $1,000,-
on
FLORIDA
City
a.m
$280,000 not to exceed 2y2%
interest building
of 1949 bonds.
Cook & Co., and
Blewer, Heitner & Gynn, all of St.
of delivery will be considered.
Louis, jointly, at a price of 104.87.
$250,000 2%-s.' Due $25,000 on Jan. Due Dec.
Torrington, Conn.
;
15, from 1949 to 1968
1, from 1950 to 1959 incl.
inclusive.
The
second
highest
Note Sale —The $300,000 tax
250,000 2V2s. Due $25,000 on Jan. bidder
was F.
S. Moseley & Co.,
anticipation notes offered on Dec.
1; from 1960 to 1969 incl.
21—v. 168, p. 2590—were awarded
Paine, Webber, Jackson & Curtis,
250,000 2%s. Due $25,000 on Jan. and
to Day, Stoddard & Williams of
Kebbon, McCormick & Co.,
1, from 1970 to 1978 incl.
New Haven, at 0.8465% interest.
jointly, at a price of about 104.76.
par
-
funds.
5
ris Trust & Savings
Chatham
Dated Dec. 1, 1948.
bonds.
16
Dec.
Co ;
&
Bond
on
coupon
vyill
11
1948. Due
ing the lower coupon interest rate.
of
The City will furnish the approv¬
Co., $330,000 not to exceed 4% interest
ing opinion of Chapman & Cutler
water
works
revenue
coupon
all of Chicago, and the Moline Na¬
of Chicago, the purchaser to furDated Jan. 1, 1949.
De¬
tional Bank, jointly, as 2y2s, at a bonds.
nish the printed bonds, and all'
nomination
$1,000.
Due
$7,000
of about 3.27%, as follows:
price of 108.03, a net interest cost
bids must be so conditioned. En¬
and
July 1, 1950 to 1952",
of about 1.83%. The second high¬ Jan.
$333,000 4 Vz s.
Due on Nov. 1
close a certified check for 2% of
and July 1, 1953 to
est
bidder
was
Lehman
Bros., $3,000 Jan
from 1950 to 1954 inclusive.
the par amount of bonds bid for,
1960, $8,000 Jan. and $9,000 July
3,295,000 3V4s.
Due on Nov. 1 Kidder, Peabody & Co., and Hornpayable to the City.
blower & Weeks, jointly, for 21/:>s, 1, 1961, $9,000 Jan. and July 1,
from 1955 to 1979 inclusive.
1962 to 1964, $9,000 Jan. and $10.KANSAS
at a price of 107.22.
All
the certificates are dated
:•"
000 July 1, 1965, and 10,000 Jan.
Nov. 1, 1948.
El Dorado, Kan.
r-;■ St. Clair County Sch. Dist. No. 189 and July 1, 1966 to Jan. 1, 1969.
(P. O. East St. Louis), III.
Bonds maturing on July 1, 1954,
Bond Offering—Harley E. MeGEORGIA
Vick
Dec. 29 for the purchase
of $700,000 21/4 % public building
(EST)
until
bonds. Dated Nov. 1,
$20,000 June and $10,000 Dec. 1, 1950 to 1952, $25,000
June and $10,000 Dec. 1, 1953 to
Hall
City
4
William
—
of
Co.,
until
bids
Minneapolis, M. B.
of Chicago, Seasongcod & Mayer, of Cincinnati, and
Dempsey & Co., of Chicago, at a
price of 100.02, a net interest cost
liams
interest
were
Schools,
1
City Treasurer, will receive sealed
bids until 2 p.m
(CST) on Dec.
28
for the purchase of $825,000
(CST) on Dec.
bear in a multiple of y4 or 1/10 of 27 for the
purchase of $175,000
1%.
3 V2% Illinois Avenue Bridge cou¬ 1954, $6,000 Jan. and $8,000 July
The
bonds
have
been
vali¬
pon
bonds.
Dated Dec. 1, 1948. 1, 1955, $8,000 Jan. and July 1,
dated
by the
Circuit Court of Denomination $1,000. -Due Dec. 1956 to 1964, $8,000 Jan. and $10,000 July X, 1965 and $10,000 Jan.
Palm Beach County and the ap¬
1, as follows: $13,000 in 1949, and
proving opinion of Caldwell, Mar¬ $9,000 in 1950 to 1967. Principal and July 1, 1966 to Jan. 1, 1968.
shall, Trimble & Mitchell, of New and interest (J-D) payable at the Bidders will be required to name
the
rate
of
interest
which
the
York City, will be furnished to
City Treasurer's office. The bonds
the purchaser without charge. Enbonds are to bear.
Said rate must
may be registered as to principal
cose a certified or cashier's check
be in a multiple of y4 of 1% and
only in the name of the holder on
not more than one interest rate
for $3,200, payable to the City.
the books- of the City in the City
Treasurer's office. The bonds will shall be named by each bidder.
University of Florida (P. O.
oe
delivered with the approving Interest J-J. The approving opin¬
Tallahassee), Fla.
ion of Ross, McCord, Ice & Miller
opinion to Chapman & Cutler of
Certificate Sale—The $3,628,000
of Indianapolis, will be furnished
Chicago and said opinion is to be
dormitory revenue,
series 1948
to the successful bidder at the ex¬
paid for by the City. The printed
certificates offered Dec. 20 — v.
No con¬
bonds to be supplied by the suc¬ pense of the School City
168, p. 2590—were awarded to a
cessful bidder and all bids must ditional- bids will be considered.
syndicate composed of Shields &
Enclose
a
certified
or
cashier's
be so conditioned.
These bonds
Co., of New York, Leedy, Wheeler
were
authorized at the general check for $10,000, payable to the
& Alleman, of Orlando, Allen &
election held on Nov. 2.
Enclose School City.
Co., of New York, Robinson-Hum¬
(These are the bonds originally
a
certified check for $1,750, pay¬
phrey Co. of Atlanta, Watkins,
offered on July 28, and not sold
able to the City.'
Morrow
& Co., of Birmingham,
due to legal difficulties.)
Rock Island County School District
Robert Hawkins & Co., of Boston,
Huntington, Ind.
No. 40 (P. O. Moline), III.
Stubbs, Smith & Lombardo, of
Bond Offering — A. N. Doyle,
Bond Sale—The $995,000 school
Birmingham, Thornton, Mohr &
Co., of Montgomery, Allison-Wil¬ site and building bonds offered on City Clerk-Treasurer will receive
■1949. Denom.
'
interest
Thill,
sealed
receive
will
Clerk,
City
P.
Offering—John
Bond
to name the
the bonds shall
(CST)
of
bids
Dec.
Sioux City, Iowa
Offering—C. A. Carlson,
Bond
of
111.
Aurora,
requested
are
construction bonds
quisition and
offered
ders
$100,000 ac¬
The
—
Co., New York City. Registerable as to principal only. Bid¬
& Trust
sealed
on
All of the bonds are dated Dec.
Sch. City,
Superintendent
receive
Due
1, 1948.
•
ILLINOIS
of
Co.,
l3/4s, at a
a
basis of
from 1950 to 1957 inclusive.
Ind.
Offering—B. W. Gorman,
Bond
&
as
101.02,
about 1.55%.
bid, payable to the
Connersville
of
price
5%
for
Rapids,
Cedar
INDIANA
1, 1949 and mature on Jan. 1 from
1950 to 1969 inclusive.
1969; and at 101% if redeemed
m
any of the years 1970 to 1972.
Principal and interest (M-S) pay¬
able at the Central Hanover Bank
1948.
West
1966
check
Ravenscroft
to
District Treasurer.
Atlanta, at a
price of 103.52, a basis of about
1.85%. The bonds are dated Jan.
to
1,
Dec.
dated
are
a
Martin & Co., all of
1962 to 1965; 102% if
of the years
inclusive.
1961 to 1968
The
Savannah, J. H. Hilsman & Co.,
Norris & .Hirschberg' and Milhous,
1961; 103% if redeemed in any
redeemed in any of the years
Dec. 1 from
on
certified
lanta, Johnson, Lane, Space & Co.
crued
follows:
$24,000 2%s. Due on Dec.
1949 to 1960 inclusive.
1956 to
1958, $15,000 in 1959 to
1961, $16,000 in 1962 and 1963,
$17,000 in 1964 and 1965, $18,000 in
1966 and 1967 and $19,000 in 1968
and 1969. Interest (F-A). The Dis¬
trict will furnish printed bonds
and
the
approving
opinion of
Myles P. Tallmadge, of Denver.
of the par
Francisco, at' a
net
percentages
at the following
bers
Association, of San
price of 100.05, a
interest cost of about 2.92%,
&
of their num¬
in the inverse order
Trust
National
Sale—The
Bond
turing in 1964 to 1973, are redeem¬
at the option of the City on
able
Monday, December 27, 1948
CHRONICLE
(P. O.
Muscogee County
$9,000 in 1969 to 1971, and $10,000
in 1972 and 1973. The bonds ma¬
Stirling City School District,
Butte
County (P. O.
Oroville), Calif.
Bond Sale— The $50,000 build¬
FINANCIAL
&
<
Bond
O. Crowley), La,
Offering—Joyce
Brea'ux,
Secretary of the Police Jury,
receive
sealed
bids until
10
will
a.m.
(CST) on Jan. 11 for the purchase
of $1,000,000 not to exceed 4% in¬
terest
court
house
bonds.
Dated
Denomination $1,000.
Due
as follows: $21,000 in
1950, $22,000 in 1951 and 1952,
$23,000 in 1953, $24,000 in 1954
and 1955, $25,000 in 1956, $26,000
Feb.
1, 1949.
Feb. 1,
Volume 168
Number 4763
THE
in
'
1957, $27,000 in 1958 and 1959,
$28,000 in 1960, $29,000 in 1961,
$30,000 in 1962, $31,000 in 1963,
$32,000 in 1964, $33,000 in 1965,
$34,000 -in 1966, $35,000 in 1967,
$36,000 in 1968, $37,000 in 1969,
$38,000 in 1970, $39,000 in 1971,
$40,000 in 1972, $41,000 in 1973,
$43,000 in 1974, $44,000 in 1975,
i$45,000 in 1976, $47,000 in 1977,
$48,000 in 1978, and $49,000 in
,1979.
Principal and interest (FA) payable at the Parish Treas¬
,
,
urer's
office,
at
or
bank spe¬
any
terest
J-J.
COMMERCIAL
Denom.
$1,000. Due
$22,000 Jan. 2, 1950 to 1959. Prin¬
cipal and interest payable at the
City-Treasurer's office, or at the
National Bank of
are
able
of
their
principal
order
average
on
any
certificates
of
sue
2, 1950. These
part of a total is¬
are
$222,259.63, and
issued
are
to fund the deferred or unpaid
portion of the cost of paving rein¬
forced
concrete
cified by the purchaser. A certi¬
stalling
fied transcript
streets, and in¬
subsurface drainage
in
the
opinion of Chapman & Cutler of
City. They are secured by and
payable from an irrevocable lien
Chicago, ■' will
and
successful
him.
held
be
furnished
bidder
These
vote pf
jand the approving
without
bonds
the
cost
carried
to
by'
a
559 to 244 at the election
Dec.
on
16.
Enclose
a
certi¬
fied check for $20,000, payable to
the Parish Treasurer.
streets
Board
of
sealed
bids
Jan.
on
Aldermen
until
for
18
will
11
receive
(CST)
purchase of
a.m.
the
$195,000 not to exceed 4% interest
public improvement bonds, divid¬
ed
follows:
as
$65,000 Series A bonds. Due Feb.
1, 1951 to 1969.
65,000 Series B bonds. Due Feb.
■*
;
1, 1951 to 1969.
65,000 Sewerage District No. 1
./bonds. Due Feb. 1, 1951 to
1969.•
-
Dated
Feb.
1,
1949.
Denomina¬
Interest (F-A).
will be
upon
fur¬
cost
to
must be
them.
Separate
bids
submitted for each issue.
Baton
Dist. No. 1
Bond
Rarrow,
Board,
until
Rouge Par. Con. Sch.
(P.O. Baton Rouge), La.
Offering
—
Clarence
of
amended)
certificates
as
promptly
at their maturity. The
governing
authority is obligated under the
act with the duty of
collecting the
liens
and
interest
aggregating the
purpose of
thereon
same
and
for the sole
the payment of this is¬
of certificates.
sue
by
B.
Legality to be
A.
Campbell,
of
St.
Landry Parish, Prairie Basse
Gravity Drain. Dist. No. 15
(P. O. Opelousas), La.
Bonds
Sold
Chas.
follows:
as
$21,500
drainage,
bonds.
L.
and
unlimited
Denomination
tax
$1,000
$500.
25,000
drainage,
bonds.
acreage
v
■......
tax
4%,
successful
terest
be
may
as
bid.
specified
Light Revenue Utility bonds.
in
the
principal and in¬
payable at the School Board
Dated
tion
Feb.
1, 1949. Denomina¬
Due Feb. 1, 1951 to
$1,000
Treasurer's office, or at any bank
1969.
specified by the purchaser. A cer¬
and the approv¬
ing opinion of Chapman & Cutler
of Chicago, will be furnished to
cured bonds
tified transcript
the successful bidder without cost
Full financial information
to him.
with
issue
this
tained
election held
a
Rex
bonds
the
certified
on
and
be ob¬
to Busi¬
Beard.1 These
authorized
Nov. 30.
the
at
Enclose
check
to the
payable
may
application
Manager
ness
are
District
bonds
of
upon
the
to
respect
for
$160,000,
Treasurer School
Board.
•
•
Jonesboro,
,
Bond Sale—The
Jones, Weil & Arnold, and Weil &
Co., all of New Orleans, at a price
100.01, a net interest cost of
about 2.92%
The bonds maturing
of
1951
to
and
those
1964
incl.
1954 incl.
were
bonds
are
become
sold
23/4s;
maturing from 1961 to
bear
dated
bonds and the
ord
as
interest.
3%
Jan.
redeemable
The
1, 1949 and
on
Jan.
1954.
without
bonds
a
1,
Iberia, La.
Publicly Offered—
Public
offering of $220,000 3V2%
paving certificates is being
made by John Dane, of New Or¬
street
leans.
Dated
Oct.
16,
1948.
successful
to
bidders
them.
These
authorized
were
held
certified
on
Bank,
Nov.
check
at
23.
for
the
Enclose
2%
of
the
of
Cross,
Carl
A.
M.
The
1,
Loeb
Bond
168,
In¬
S
a
bonds
1
e
—
Jan.
on
made
was
Bank
and
of
2272—were awarded to a
composed of Lehman
Bros., Goldman, Sachs & Co., both
p.
syndicate
of
New
York,
Stroud
Co.,
of
Philadelphia,
Laird \ &
Co.,
of
Wilmington, Hirsch & Co., of New
York, Union Trust Co. of Mary¬
land, of Baltimore, and A. E. Masten
at
a
&
Co., of'Pittsburgh, as 1.90s,
price of 100.027, a net interest
cost of about 1.8979%.
are
Jan.
dated
1,
Jan.
from
The
1,
1950
The bonds
1949.
to
Due
1974
on
inclu¬
second
highest bidder
Fenn & Co., R. W.
was
Phelps,
Pressprich & Co., Paine, Webber,
Jackson & Curtis, Hornblower &
Weeks,
Smithers
non
&
Eldredge & Co., F. S.
& Co., Donald MacKin¬
Co., Mackubin, Legg & Co.,
mature
serially
by
the
First
National
Chicago, and Associates.
V
Boston,
Mass.
Note Sale—The issue of
$5,000,000 notes offered on Dec. 22 was
awarded
to Halsey, Stuart & Co.
Inc., New York, at 1.02%, plus a
premium of $130. Second high bid
are
-dated
bids
were
4
re¬
Oct.
2, 1948
$22,000 Feb.
Due
i953. Principal
1, 1949 to
and in¬
conditioned
upon
Housing Authority, Mass.
loan
rary
fered
notes
Dec.
first
20—v.
awarded
were
$450,000 tempo¬
to
series
168,
of¬
2591—
p.
the Second Na¬
tional Bank of Boston, at 0.774%
interest. The notes are dated Dec.
1,
1948.
der
Hughes, of Harrisville, which
the
was
opinion
will
out
the
bonds
the
bonds.
be
expense
furnisheq
to
the
Bond
water
Sale
bonds
168,
Shawmut
Chicopee, Mass.
j
v.
National
The
—
$1,225,000
offered
Dec.
21
—
2591—were awarded to
syndicate composed of F. S.
a
p.
Moseley & Co. of Boston, Stone &
Webster Securities Corp. of New
York, Coffin & Burr of Boston,
E.
H.
Rollins
&
Sons
of
New
York, Lyons & Shafto and Robert
Hawkins
&
2s, at
as
of
both
of
Boston,
price of 101.93,
a
about
Co.,
1.81%.
The
dated Jan.
1, 1949.
from .1950
to
basis
a
bonds
are
Due on Jan. 1
inclusive.< The
•
1974
second
ers
ern
highest bidder Was Bank¬
Trust Co.;1 New York,, North¬
Trust Co., Chicago, and Harris
Trust
& Savings Bank,
Chicago,
jointly, for 2s- at a price of 101.50.
Norfolk
County (P.
O.
Mass.
Note
Dedham),
,
Offering—Ralph
D.
Pet-
tingell, County Treasurer, will
ceive
sealed
(EST)
Dec.
on
chase
of
-
bids
until
28
re¬
prior
purchaser
to
delivered
Bank,
The
at
purchaser
of
shall
the
Peoples
Tawas, or at
East
place
other
with
upon
as
the
Bond
Tuberculosis
Maintenance
notes.—
Hospital
Dated Dec. 28, 1948. Denomination
$25,000.
Due April 8, 1949.
De¬
livery will be made on or about
Dec.
29,
1948,
Bank
in
at
of
Boston
be
First
and
funds.
validity
Bank
the
Na¬
against
These
authenticated
National
of
the
Boston,
to
as
by
the
of
legal
Boston, a
opinion
of
Ropes,f. Gray, Best,, Coolidge
&
Rugg, of Boston, approving the
legality of this issue will be fur¬
nished without charge to the
pur¬
chaser.
"•
Series
Dec.
"R"
17—v.
awarded to
posed
a
bonds
168,
of¬
2484—
p.
syndicate
com¬
of
Halsey, Stuart & Co.,
Braun,
Bosworth
&
Co.,
Inc.,
Hornblower
&
Weeks, of New
York, and Field, Richards & Co.,
of Cleveland, at a price of 100.36.
on
bid
a
reflecting
cost of about
Dec.
from
15
1958
to
1960
on
inclu¬
Drexel & Co., Blair & Co.,
Inc., Jones B. Shannon & Co. and
was
S.
First
National
(submitted
of
the
Bank
of
second
1, 1949.
Due 10,000 Jan. 1
from 1950 to 1957 inclusive: These
bonds
were
authorized
at
the
election
held
Kalamazoo
to
Boston
high
bid
0.87%.
of
St. Paul,
1948. Due
Not
Sold—The
issue
of
$110,000 not to exceed 3% interest
Dec.
1
from
1953 to
f
Fergus Falls, Minn.
;
Certificate Offering—Iver Mick-
City
Clerk,
will
sealed bids until 7 p.m.
tificates
Jan.
of
receive
(CST) oil
indebtedness.
3, 1949.
Dated
Due Jan.
1, 1950 to
1952. Bidders to specify the rate
of
interest.
Enclose
a
certified
check
the
for
bid.
5%
of
the
amount
of
■
Freeborn
County (P. O.
Lea), Minn.
Albert
Sale—An
500
Dec,
Dec.
lows:
of
$161,-
1, 1948.
mazoo, as 3s, as previously noted
in our issue of Sept. 27, v.
168, p
issue
22 to
(P.
Bond
tion
Sale
with
special
Details—In
the
sale
of
assessment
1303, it is
now
bonds-
were
100.02,
a
Mich.
connec¬
the
$50,000
bonds
reported
sold
at
a
the
to
that the
price
of
basis of 2.991%.
ditch
bonds
awarded
was
on
Piper, Jaffray & Hopwood, of Minneapolis, as 2y2s, at a
price of 106.149, a basis of about
1.504% to optional date, (Dated
Due Dec. 1, as fol¬
in 1952, $9,000 in
1953 to 1955, $10,000 in 1950 to
1958, $11,000 in 1959, and-$12,000
in
$9,500
1.960 to'1966,
Bonds of said
is¬
having stated maturity dates
15, 1948,! later than Dec. 1, 1958, will be
Denomination $1,000. Due $8,000- each
subject to redemption and
March 1, 1949 to 1953.
Principal 1 prepayment on Dec. 1, 1953, and
and interest payable at the Amer- j any interest
payment date thereBonds
dated
are
sue
Dec.
ican National Bank of Kalamazoo,
Interest M-S.
Bids shall
be
con-'
after, in inverse order of serial
numbers, at par and accrued in-
ditioned
upon
the
unqualified (terest plus a premium of $10.00
opinion of Miller, Canfield, Pad- for each bond so redeemed. Prindock & Stone, of Detroit, which cipal and interest
payable at the
opinion wijl ,be furnished without' Northwestern Nation a 1 Bank,
Vexpense to the purchaser, prior, ;.to1 Minneapolis.1
Legality ^approved
the
delivery thereof*' approving by Harold W. Moody, of St. Paul,
the
legality of the bonds. The and Dorsey, Colman, Barker, Scott
Township ; will pay the cost of & Barber, of Minneapolis.
1
printing the bonds. Bonds will be
delivered at the American Nation¬
al
Bank of Kalamazoo, or
such
other place as may be agreed
upon
with the purchaser.
Rochester, Minn.
'Bond
Note
City
ing
fund
27
until
for
not
will
8
the
to
receive sealed
p.m.
(EST) on Dec.
purchase of $105,000
exceed
2%
anticipation notes.
1948.
note
interest
tax
Dated Dec. 27,
Denominations and form of
to
be
at
the
pption of the
July
27,
1949.
Principal and interest payable at
the City Treasurer's office.
Bids
purchaser.
opinion and
notes
for
a
the
shall
cost
be
of the
of printing
paid
the
by
the
certified
a
total
par
notes, payable to the
'
Ypsilanti, Mich.
Offering—N. G. Damoose.
Clerk, will receive sealed
Bond
City
bids until 5:15 p.m. (EST) on Dec.
29 for the purchase of $7,926.63
not
cial
to
p.
offered
15,
1948
ond
by
and
1949
basis of about
a
2.04%; The bonds
from
mature
to
dated
are
1953
on
Dee.
Dec.
inclusive.
high bid of 101.04
was
>15
Sec¬
made'
composed of Allison-
group
a
Dec.
Moody, of St. Paul, at
price of 101.34,
a
011
2592—were awarded
Williams
Co., J. M. Dain & Co.,
Piper, Jaffray Si Hopwood.
and
Due
shall be conditioned upon the un¬
qualified opinion of the purchas¬
er's attorney approving the legal¬
ity of the notes. The cost of such
the
bonds
168,
to Juran &
Offering—C. L. Anderson,
Clerk,
bids
City, Mich.
$170,000 2VZ%
improvement revolv¬
permanent
20—v.
Traverse
Sale—The
exceed
2 V2%
assessment
Dated
interest
paving
Dec.
15,
spe¬
coupon
1948.
De¬
MONTANA
Custer County
(P. O. Miles City),
Mont.
v
Bond
Clerk
Offering
the
of
—
J.
Board
>
F.
of
Doyle,
County
Commissioners, will receive seal¬
bids
ed
until
10
a.m.
on
Jan.
11
for the purchase of $175,000 not toexceed 6%
interest court house
construction
bonds.
Dated
Jan.
15, 1949. Amortization bonds will
be
the
bonds
bonds
tire
first
will
the
of
choice
be
Board.
are
the
If
and
serial
second
choice
amortization
sold and issued, the en¬
issue
may
be put into one
single bond or divided into several
bonds as the Board
may
deter¬
mine upon at • the time
of sale,
both
principal and interest (J-J)
payable in semiannual in¬
during a period of 2»>
nomination $1,500, one for $926.63.
Township Unit Sch. Dist.
(P. O. Glennie), Mich.
Bonds
jointly. Dated Dec. 1,
on
1967 incl.
to
Due Dec. 15, 1949 to 1957.
Curtis
6.
Mannheime r-E g a n , Inc.,
Greenman & Cook, Inc., both
O. Kalamazoo),
bonds.
MICHIGAN
Dec.
and
Township Mid wood Fire
Dist.
value
The
on
County (P. O. Blue
Earth), Minn.
*
Bond Sale —The $90,000 2M»%
drainage bonds offered Dec. 7—
v.
168, p. 2374 — were awarded
Bond
2%v of
1949.
on
Jan.
Livingstone & Co., jointly
for $743,000 2s. and $204,000
l%s,
at a'price of 100.97.
City.
22,
(CST)
R.
Note Sale—The
Dec.
sealed bids until 8 p.m.
Jan. 5 for the purchase of
$80,000
street improvement bonds. Dated
Jan. 3 for the purchase of
$10,380
not to exceed 2V2% interest cer¬
check
on
Village
elson,
1957; $405,000 2s, due
.
due
Minn.
N. Schochet,
Attorney,
will
receive
—
1956 and
Somerville Housing Authority,
V. ■
Mass.
2591—was awarded to the Second
National
Bank
of! Boston,
at
0.847% interest.Dated Dec. 22,1948
..
1.91256%, as follows:
$158,000 2*4s, due on Dec. 15 in
: Enclose
and
Bovey,
Offering
Bond
net interest,
a
purchaser.
issue of $100,000
notes offered Dec. 20—v.
168, p.
or
pay¬
Faribault
Mich.
$947,000 nonutility water re¬
public
funding,
were
such
Sale—The
calable
fered
State
may
be agreed
purchaser.
Detroit,
pur¬
$75,000
certified
a
MINNESOTA
the
furnish bonds ready for execution
at his own expense. Bonds will be
a.m.
the
for
11
th£
with
upon
for
witn-
delivery
thereof, approving the legality of
bid¬
Boston, at 0.79% interest.
City
such other place
$759.26,
City Treasurer.
the
American National Bank of Kala¬
The second highest
Bank of
to
check
bond3
the
unqualified opinion of J. Rus¬
sell
or
The
at
as'may be agreed
purchaser. Enclose
able
be
bonds.
Clerk's office
Bids
1.02%, plus $109, was made by sive and $384,000 l%s, due on
Morgan & Co. Inc., and C. Dec. 15 in 1961 and 1962 inclu¬
J. Devine
& Co.,
both of New sive. The bonds are dated Dec. 15,
York, in joint account.
1948.
The second highest bidder-
Note Sale—The
delivered
be
cashier's
P.
Brookline
the
will
terest
(F-A)
payable
at
the
Peoples State Bank, East Tawas.
shall
62
ion shall be paid by the
purchaser.
The
City shall pay the cost of
printing
$1,000.
of
copy
17—v.
dated
are
MASSACHUSETTS
First
$2,000,000
Dec.
&
1, from.1952 to 1964 incl.
high bid of 101.16 for iy2s
Second
genuineness
The
offered
Rhoades
certificates
1949
as no
Bonds
Denom.
,
1.35%.
notes will
school
First
Dougherty & Co., of
Philadelphia, Kaiser & Co., of San
Francisco, and McDonald-Moore
& Co., of Detroit, as
iy2s, at a
price of 101.30, a basis of about
Jan.
sold,
the
Chicago,
Webster
payment
^
&
Co., all of New York; Laird, Bissell
&
Meeds,
of
Wilmington,
F. W. Craigie & Co., of
Richmond,
purchased, payable to the City.
Allegany County (P. O.
Cumberland), Md.
Trust
Company of Georgia, of Atlanta,
Schoellkopf, Hutyon & Pomeroy,
of Buffalo, Coffin &
Burr, Inc.,
Reynolds
&
Co.,' Roosevelt
&
tional
MARYLAND
Harris
National Bank of Portland, Trust
principal amount of bonds to be
sive.
New
■
Savings
of the
not callable
upon
cost
election
,
Certificates
the
composed
Se¬
transcripts of rec¬
will be fur¬
passed
as
nished
$294,500 electric
3y4s; 1955 to 1960 incl.,
Tax
prior
to their stated
maturity. The ap¬
proving opinion of B. A. Camp¬
bell, of New Orleans, the printed
La.
awarded^) a group composed of
Newmari^Brown & Co., Scharff &
from
are
The
certificates
Dec. 20—v. 168, p. 2591
to a
syndicate
awarded
.
light utility revenue bonds offered
Dec
16 — v. 168, p. 2484 — were
as
Interest-F. A.
(State
construction
on
;
150,000 Water Works and Electric
rates not greater than
general
offered
—were
not
ceived.
of)
Certificate Sale—The $6,695,000
/" :
(CST) on Jan. 19
Dated Oct. 1, 1948.
Due Oct. 1,
for
the
purchase
of
$8,000,000
from 1949 to 1968 inclusive. Le¬
school building.bonds. Dated Feb.
gality approved by Chapman &
'1,
1949.
Denomination
$1,000.
Due Feb. 1, as follows: $210,000 in Cutler, of Chicago.
1950, $260,000 in 1951, $290,000 in
Thibodaux, La.
1952, $350,000 in 1953, $370,000 in
Bond Offering —- Chas. O. Na1954 and 1955, $380,000 in 1956,
quin,
City
Clerk,
will
receive
$390,000 in 1957, $430,000 in 1958, sealed bids until 10 a.m.
(CST)
$390,000 in 1959, $400,000 in 1960, on Jan. 17 for the
purchase of
$460,000 in 1961, $470,000 in 1962, $450,000 not to exceed
4% interest
$490,000 in 1963, $510,000 in 1964, bonds, divided as follows:
$530,000 in 1965, $550,000 in 1966,
$150,000 Public Improvement, Se$570,000 in 1967, and $580,000 in
1968. The bonds will bear inter¬ ■;A, ries A bonds.
: 150,000 Public
Improvement, Seest at the rate of 2%%'from date
•;
ries B bonds. /, L
)
to Feb.* 1, 1952, and thereafter: at
or
Maryland
F.
Boagni
and the Planters Trust &
Savings
Bank, both of Opelousas, jointly,
have purchased $46,500
bonds, di¬
—
a.m.
such rate
was
J.
New Orleans.
Secretary of the School
will receive sealed bids
10
the Laws
(as
the principal and interest
these
vided
East
of
1934
accord¬
ceed forthwith to collect sufficient
to pay these certificates
rec¬
nished the successful bidder with¬
out
for
in
they ma¬
ture that it is the madatory duty
of the governing authority to re¬
assess all of the
property covered
by the paving project and to pro¬
The
transcripts of
passed
as
State
pay
approving opinion of B. A. Camp¬
bell, of New Orleans, the printed
bonds and the
issued
are
which act provides that should the
collections of liens be insufficient
approved
tion $1,000.
ord
and
with Act 92
ance
the
on
Offering—The Mayor and
against
the
abutting the improved
property
to
Breaux Bridge, La.
Bond
assessment
(2737)
construction bonds offered Dec.
Co., and C. T.
jointly, for 2s, at
price of 101.05.
call¬
ment date after Jan.
CHRONICLE
Williams & Co..
pay¬
in
maturity
FINANCIAL
Mackey, Dunn &
a
Commerce, New
Orleans. The certificates
&
stalments
Princi¬
pal and interest (J-D) payable at
City Treasurer's office.
Rate
the
of interest
y4 of 1%.
to
be
in
multiple of
be
years from the date of issue.
If
serial bonds are issued and sold
they will be in the amount of $1,The cost of such opin-1 000 and $250 each, the sum of $8,a
62
COMMERCIAL
THE
(2738)
19,000 local improvement assess¬
said serial bonds will be- Lincoln County Sch. Dist&.. (P. O.
ment bonds.
Due oft Dec. 1
Libby), Mont*
payaole on Jan. 15, 1950, and
f
from M949 to 1951 inclusive.1
Bond
Sale—The $260,000 con¬
a like; amount on the same day of
All of the bonds are dated Dec*.!'
.each year thereafter until all of struction bonds offered Dec; 15—
such
bonds, have been paid. The v. 168, p. 273—were awarded toi 1, 1949. Second high bid of 100.19
bonds, whether amortization • or the First National Bank, of Libby,! for 1.60s was made by White,
750
serial' which mature
Jan.
on
1954;,
15,
redeemed
be
may
date from and after
due
any
and after
on
date of issue and
prior to maturity in whole or in
part, but if in part only in order
of their identifying numbers, the
five years from
lowest
$1,750, payable to
(These are the
for
check
fied
the
Enclose a certi¬
interest.
acerued
Clerk.
above
offered on Dec.
originally
bonds
the sale
poned.)
which was post¬
of
16,
Bank, Mont.
Cut
$264,000
Sale—The
Bond
and
at par
first
numbers
gen¬
bonds offered on
to Kalman
eral
obligation
Dec.
20 were awarded
Co., of St. Paul, as 3s, at a price
of par.
Sale consisted of the fol¬
lowing issues: $214,000 water im¬
&
provement;
$10,000
sewer
im¬
provement,
and
$40,000
storm
sewer improvement.
;
;
County High Sch.
Flathead County,
(P. O. Kalispell), Mont.
Dist.
M. R. Wood,
Secretary, will
Offering
Bond
District
Assistant
until
bids
sealed
receive
—
8
p.m.
Jan. 11 for the purchase
not to exceed 6% in¬
bonds, divided as follows:
(MST)
on
of $737,480
terest
Agriculture
Vocational
$218,851
Arts Building
and Mechanical
bonds.
School
Annex
bonds.
of the School
be the second choice
amortization bonds
If
bond
single
several
bonds
Trustees
interest
trict bonds.
the
as
Commissioners of State Land
(J-D)
in
payable
be
to
a
will
they
19 for the
one
purchase of $180,-
be
choice
be
serial
and
redeemabe in full
interest
and
payment
after
10
on
any
100,000
the
the
bonds.
13
bonds
choice
first
of
sum
will be¬
$11,000
will
day
same
all
Enclose
885.10,
thereafter,
are paid.
certified check for $21,each
of
a
for
culture
bonds
Vocational, Agri¬
the
and
Building
year
such
Mechanical
1
Arts
certified
the High
School Annex issue, both payable
issue,-
and
a
check for $51,862.90, for
to the above
Secretary.
interest
be
of
10
Bond
15—v.
ed
$55,000
168,
p.
Kalman
to
apolis,
of
Dec.
about
a
price of 100.18,
3.476%.
Due
as
in
full
bonds
second
are
years
from
dated Jan.
highest
date.
was
the
State, for 3!-2S.
Garfield County
(P. O.
Jordan), Mont.
Bondg Nat
Said
—
The
County
rejected the bids submitted Dec:
17 for the purchase of an issue of
Teaneck
inter¬
and
(P.
are
1, 1948 and mature
from
1949
Second
1.55s
bonds
to
1958
high bid of
made
was
on
inclu¬
100.147
j[
than
less
their
par
certified
a
issue,
pay¬
tric
6—v.
to
bonds
revenue
of
National Bank
168,
Stern
Vineland,
inclusive;
1968
callable.
■
'
the
The
bonds
!-*//■ ■"-A///
were
awarded
National
of
100.13,
about
000
to
2.0392%,
4s, due
1952
Jan.
follows: $145,-
as
Jan.
on
1950
15 from
15,
1953;
due on
IVzS, due
$135,000
Jan. 15 from 1954 to 1956 incl.;
due
13/4S,
and
on
due
1958,
Jan.
Jan.
on
and
15
$165,000
15 from 1959 to
incl. All the bonds
are
in
2s,
1962
dated Jan.
on
These
168,
approving opinion of Vandewater,
Sykes, Heckler & Galloway, of
New York
close
for
p.
2593—
Manville
Bank, as l%s, at a price
a basis of about 1.72%.
bonds
Bond
fered
Gaddis, Town Clerk, will receive
sealed bids until 10:30 am. (EST)
onJan. 10 for Lie purchase of
$300,000 general obligation cou¬
pon bonds. Dated Jan. 1, 1949. De¬
nomination $1,000. Due Jan. 1, as
follows: $15,000 in 1950, and $20,?000 in 1951 to .1954. Principal and
interest (J-J) payable at the pre¬
siding
2s,
on
Dec.
Dec. 1
on
at
Jan.
the
from
1
bonds.
1949 to
1949
from
Due
to
1962
inclusive.
All of the bonds
are
dated Dec.
faeturers
basis
a
Nov.
to
168,
Paine,
Not
not
—were
bonds
duPont
&
of 100.168.
1.70s, at
a
NEW JERSEY
Belleville, N. J.
Bond
1973
on
are
Nov
inclusive.
dated Nov.
second
Sale—The
Dec.
17—v.
bonds.
Due
1949
1958
to
Dec.
on
1
from
ful bidder for the $779,000 school
bonds offered
inclusive.
54,000 water bonds.
1 from
1949 to
Due
on
Dec.
1958 inclusive.
p.
.*
on
Dec. 21—v. 168,
2593.
The
group
purchased
$768,000
New
will
multmle of.
be
delivered
at
New*
York
City will be furnished,
purchaser without/cosL
a
certified / or cashier's,
the
to
Enclose
check for $3,620, payable to the.
village. /;'■'./'"-A' A A..A /AA'A
1
Milford, N. Y.
Offering—Ann Yale, Vil¬
Sec¬
—
The
!
Bond
lage Treasurer, will receive sealed
bids until 11 a.m. (EST) on Dec;
$30,000
sold,
all bids
as
i
offered
2593—were
about
Dec.
22—v.
168, p.
1958
bid
of
Co.,- of New York, as
price of 100.135, a basis
1.67%.
Dated Oct. 15,
inclusive.
100.08
for
Second
l%s
was
high
made
by-George B. Gibbons & Co., New
York.
lows:
.
•"/
-
v-
./
interest noupon or
divided
as
fol¬
AAAA/A-//■■./A-;
Municipal Building, 1243
Denomination- $1,000,"
for $500.
Due Writ. I/as:
/ / follows: $1,0C0 in 1949 to 1967,
and $500 in 1968. A;" .•'■/ *//""/ j
5,000 Water, 1948 bonds. Denom¬
ination $500'. Due $500 Feb. I„
$19,500
bonds.
one
:
awarded to Francis I.
1948 and due on Oct. 15 from 1949
to
5%
exceed
registered' bonds,
were
(P. O. Irvington), N. Y.
Bond Sale—The $60,000 school
purchase of $24,500 not
to
No. 2
of
Princeton
$195,000 bonds
Township Sch. Dist.
168, p. 2485—
(P. O. Princeton), N. J.
were
awarded
to
the
Fidelity
Bond
Sale—A syndicate com¬
Union Trust Co., of Newark, as
posed of Drexel & Co., Philadel¬
1.60s, at a price of 100.27, a basis, phia, Minsch, Monell & Co., F. S.
of about 1.54%. Sale consisted of:
Smithers & Co. and Rand & Co.,
$122,000
public
improvement all of New York, was the success¬
offered
a
York, N. Y., or at such other place
as
may be agreed with the purChaser, about Jan. 17, 1949. The.
approving opinion of Vandewater
Sykes, Heckler & Galloway /of
Dated
Greenburgh Union Free-Sch. Dist.
1 from 1949
The
same
//A/A :A A!AAA.'
highest bidder was B. J. Van In¬
gen & Co., and Julius A. Rippel,
Inc., jointly, for 2.40s, at a price
Due
in
1/10 of 1% and must be the.
for all of' the bonds.
The
or
bonds
headed by J. G.
Sold
rejected..
interest cost of about 2.298%.
The bonds
*4
'Co.,
was
to be
of interest
fire apparatus purchase bonds of¬
fered on Dec. 15—v. 168, p. 2486
York, jointly, as 2.35s, at a
of* 100.17, a basis of about
1, 1948.
Principal
(M-S) payable at the
$6,000 in 1967 and ,1968.
Farmingdale, N. Y.
Bonds
2.13%.
to
$11,500 in 1953, $10,-
30 for the
p.
15, 1949. The second highest bid¬
was
Kirkpatrick-Pettis Co.,
Omaha, on a bid reflecting a net
der
$13,275 in 1949, $15,500 in
Bank of Malverne, Malverne. Ratu
the
Nov.
on
of
purchase
1954, $10,000 in 1955, $11,000
in 1956 to 1958, $6,000 in 1959 to
1962, $5,000 in 1963 to 1966, and
White & Co. of New York.
Webber, Jackson & Curtis, and
Rogers, Gordon & Co., both of
price
2.83%.
the
for
500 in
;'//.////,■'
high bid of 100.19 for 3s
•
17—v.
awarded
29
1950 to 1952,
second
Trust
*
Treasurer,
will
receive
until 1:30 p.m. (EST)
follows:
dated
of
for,
$180,775 not to exceed 5% interest
general improvement coupon or
registered bonds.
Dated Dec. 1,
1948-.
Denominations $1,000, $500/
and one for $275.
Due Sept. I, as
water
from 1949 to 1978 inclusive.
made by a group
bid
bonds
bids
Dec.
on
Y. /
are
of
Offering—Albert J. Brown,
Village
The
due
and
Law.
cashier's check for 2%
or
Malverne, N. Y.
Bond
Buffalo, Manu^-
about
1948
Town
the
under
amount
1
-
Watertown
Traders
of
1,
•
New
the
the
sealed
composed
&
Wood,
&
City, will "be furnished to the
purchaser without cost. Enclose a
certified
Buffalo, Blair & Co., Inc., .Roose¬
velt
&
Cross,
Hornblower
&
Weeks, R. D. White & Co., First
of Michigan
Corp., and Donald
MacKinnon
&
Co., all of New
York, as 2.90s, at a price of 100.77,
Pequannock Township Sch. Dist.
(P. O. Pequannock), N. J.
Bond Sale—The $300,000 school
2485—were
Delafield
York
a
Nov.
on
price of 100.28.
syndicate!
a
or
on
approving opinion of HawT
kins, Delafield & Wood, of New
—
ond
Dec.
Hawkins,
operates
Cheektowaga Union Free Sch. Dist.
No. 3 (P. O. Buffalo 21), N Y.
Bond
Sale
The
$2,300,000
building bonds offered Dec. 20—
v.
168, p. 2376—were awarded to
Ingen & Co., New York.
offered
a
/delivered
The
pur¬
$20,000
incl.
1959
to
be
25, 1949, at the office
of
New
York
City, or at such
other place as may be agreed upon
with
the
purchaser.
The Towm
highest bidder was Northern New
York Trust *Co., Watertown, for
1, 1948.
Second high bid of 100.02
for l3/4s was made by B. J. Van
bonds
of
1, 1949. Due on July 1, from
1950
will
Jan.
about
office.
multiple
1/1.0 of 1% and must! be
for all of the bonds. 'The
a
payable to the Town. 7
bonds
The
or
same
bonds
Bank, of Watertown, as
par.
54
of
improvement bonds of¬
21—v.
168, p. 2593—
to
Town .Supervisor's,
Rate of interest to be in
Dec.
National
_
Hamilton S.
—
for 2.70s.
mature
awarded
were
York
Offering
par
Sale—The
system
G. Hempstead),
(P.
New
of
Black River, N.
.
Bond
cashier's check
$1,410,000
1968 inclusive.
to
or
of
of
Marine Trust Co.,
assessment
sewer
bid
a
certified
a
$720. oavable to the District.
Hempstead
a
for
City, will be furnished
to the purchaser without cost. En¬
and interest
the
to
renewable
balance
from 1961
2.40s, at
66,000 water system bonds.
incl.; $45,000 3s,
bonds
are
Sale consisted of:
Dec.
Co., of Kansas
City, and B. J. Van Ingen & Co.,
of New York, jointly, on a bid re¬
flecting a net interest cost of
the
/A/
Sale—The $126,000 bonds
Bond
offered Dec. 21—v.
obtained
group
period, in which to
chase
only
Manville, N. J.
elec¬
&
The
option,
similar
as 1V2S. Dated Dec. 1, 1948
due on Dec. 1 from 1949 to
and
2485—were awarded
p.
Bros.
30-day
,
.
Nov. 1 from 1950 to 1961
on
&
New York, N, Y., or at such other,
place as may be agreed with, thej
purchaser about Jan. 19, 1949. The
Denver, v The bonds are
1948 and mature se¬
inclusive.
&
1953 inclusive
offered
rially
Bank
for all of.the bonds. Interest M-N.;
The bonds will be delivered at
dated Nov. 1,
bidder,
Due
Neb.
$580,000
Alliance,
Sale—The
of
Chemical
a multiple of .% or
1/10 of 1%, and must be the same
NEW YORK
housing bonds offered Dec.
20—v. 168, p. 2484—were awarded
$60,000
Bond
Co.,
the
at
interest to be
.
of
issues
1, as follows: $2,000 in
1954, and $3,000 ih 1953 to
Trust Co., New York City. Rate of
improvement
bonds offered Dec. 21—v. 168, p.
Landis
Bond
on
Principal and interest pay¬
able
by Julius A.
Township (P. O.
Vineland), N. J.
Sale—The $55,000 emer¬
(EST)
Nov.
1949 to
O.
$355,000
The
—
Due
Kean,
1962.
Township
Bond .Sale
f
various
A
1949 to 1958.
Dated
and
Principal;
payable at' the MilNational
Bank,
Milford.
of
interest
tiple of x/4
be the
The
1,
1948.
interest
ford
Rate
Dec.
or
same
bonds
to
be
in
a
mul¬
1/10 of 1% and must
the bonds.;
for all of
will
be
delivered
at
York, N. Y., or at such other
Groton and Dryden Central School place as may be agreed with the
District No. 20 (P. O. McLean),
purchaser, about Jan. 15, 1949.
The approving opinion of Vande-;
New York
•
$139,000 not to exceed 6%
est hospital bonds.
.<■
made by
was
Teaneck), N. J. '
Rippel; Inc., Newark.
NEBRASKA
The
1, 1949. The
bidder
dated Dec.
1
The
1.47%.
able to the above Clerk.
inclusive, and $3,700
Jan. 1, 1969; redeemable
10
a
about
Co.
check for $300 for each
1950 to 1968
on
iy2s, at
Trust
follows: $2,700 due on Jan. 1 from
due
2485—
p.
Harrison, as
price of 100:10, a basis
Vineland
private sale. Enclose
1957
storm
2375—were award¬
& Co., of Minne¬
3V2S, at
as
basis
a
Sale—The
system bonds offered
sewer
168,
of
Bank
to the
and all bids and to sell the bonds
at
20—v.
date from
years from the
issue
not
for
$90,000
Mont.
Dec.
gency
payment
after
J.
$24,000 paving
improvement bonds of¬
National
of
N.
Newark,
Sale—The
any
on
.The bonds of each issue will be
sold
on
Fort Benton,
1.80s
White, Weld & Co.,
Taylor & Co., jointly.
Co., Detroit; Weil, Roth & Irving
Co., of Cincinnati, and Walter &
awarded to the West Hudson
were
serial
and
be redeemable in full
000
until
fered
.School Board. The bonds will
and 24 bonds in the amount of
$1,each, will become payable on
June 30, 1950, and the sum of $26,000 will become payable on the
East
Bond
bonds the second choice of the
the
payable on the same day
each year thereafter until all of
such bonds are paid, and of the
issue for the High School Annex,
one bond in the amount of
$629,
County Treasurer.
for
Sch. Dist. No.
Amortization
one
come
100.106 for
of
chase
from Dec.
from the sive.
value with accrued interest, and
$629, and of the issue for the Vo¬
all bidders must state the lowest
cational, Agriculture and Mechan¬
rate of interest at which they will
ical Arts Building, one bond in the
amount of $851, and nine bonds purchase the bonds of each issue
at par.
The Board of Trustees
in the amount of $1,000 will be¬
reserves
the right to reject any
come
payable on June 30/ 1950,
and
p.m.
date
years
date of issue.
date
in
will
School Board. The bonds will
and
of the
bonds for the High School Annex
issue shall be in the amount of
*
E bonds.
bonds
bonds the second choice of the
be
Building
shall
of $851, and
amount
tional
and street
Sch. Dist.
first
the
Mechanical
and
District Clerk,/ will receive
bids at the Clayton Na-.
Bank, Claytori,: until 7:30
clay,
bonds,
follows:
Amortization
.
Arts
as
$80,000 High
$1,000 each, except that
of the bonds for the Vocation¬
Agriculture
•
.
Clayton School District, New Jersey
Bond Offering—Kenneth Bar¬
000 not to exceed 6% interest con¬
divided
amount of
al,
>
,
the
in
be
•'*
p m.
rl, 1949 and mature on Jan. 1 from coupon or registered bonds. Dated
1950 to 1969 incl.. Seeond high bird Nov. 1/1948. Denomination $1,000.
—
period of 20 years from the date
of issue. If serial bonds- are issued
sold
Co., New York.
bids until 1
Dec. 29 for the purchase ©J $38,000
not; to exceed 5% interest building"
,
of
Board
&
sealed
as
1.80sy at a
price of 100.304, a basis of about
1.76%^ The bonds are dated Jan.
(EST) on Jan. 3 for the pur¬
2593— were awarded to a group
of $125,000, hot to exceed
composed of J. B^ Hanauer & Co.,
and Investment, for 3s.
6% interest scnooi coupon Or reg¬
>
istered bonds. Dated NdY/l7T948/ Newark, R. H. Johnson & Co., and
Martin County (P. O. Fairmount),
Herbert J. Sims & Co., both of
Denomination $1,000. Due Nov, 1,
Mont.
New York, as 1.85s, at a price of
as follows: $4,000 in 1949v to' 1954,
Bond Offering—H. E. Christian-1
100.11, a basis of about 1.83%. The
$5,000 in 1955 to 1973, Und $6,000
son, County Auditor, will receive
bonds are dated Dec. I, 1948 and
in
1974.
Principal and interest
sealed bids until 1 p.m. (CST) on
mature from
1949 to
1971
incl.
(M-N) payable at the Clayton Na¬
Dec. 29 for the purchase of $100,Second
high bid of 100.28 for
tional Bank, Clayton.
Each pro¬
000
not
to
exceed
6%
interest
l%s was made by a group com¬
posal must specify in a multiple
drainage
coupon
bonds.
Dated
of Vb or 1/20 of 1% a single rater posed of Ira Haupt & Co., Ryan,
Jan. 1, 1949. Denoim $1,000. Due
Moss & Co.. and J. R. Ross & Co.
of interest which the bonds are to
Jan. 1, as follows: $8,000 in 1950
bear, and no proposal will be con¬
to 1959, and $10,000 in 1960 and
NEW MEXICO
sidered
which
specifies a rate
1961. Principal and interest (J-J)
higher than the lowest rate stated
Albuquerque, New Mex.
payable at any suitable bank or
in any legally acceptable proposal.
Bond Sale
Of the $2,910,000
trust company designated by the
The legal opinion of Orrick, Dahl- water and sewer revenue
bonds
successful bidder. Rate of interest
quist, Neff & Herring ton of San offered on Dec. 21—v. 168, p. 2375
to be in multiple of x/4 or 1/10 of
Francisco, approving the validity —a block of $1,500,000 were pur¬
1%. Not more than three different
of said bonds, will be furnished
chased, as 2.70s at a price of par,
rates of interest may be bid. Ap¬
to the successful bidder without
by
a - syndicate
composed
of
proving legal opinion of Faegre
charge, together with a certified Shields & Co., New York; Stern
& Benson, of Minneapolis, as wel]
transcript of proceedings. Deliv¬ Bros. & Co., of Kansas City, First
as printed bonds will be furnished
ery of said bonds will be made to
01 Michigan Corp.,
B. J. Van In¬
without cost of the purchaser.
the successful bidder at the Coun¬
gen
& Co., both of New York,
ty Treasurer's office as soon as Barcus, Kindred & Co
Valley County Sch. Dists. (P. O.
Chicago,;
the bonds can be prepared, which
Nashua), Mont.
Peters, Writer _& Christensen of
Bond Offering — Thelma Wittis estimated to be March 15, 1949.
Denver, J.-M. Daiii & Co., Minne¬
Enclose
a
certified
or
cashier's
mayer, District Clerk, will receive
apolis; Seasongood & .Mayer, of
sealed bids until 8 p.m. (MST) on
check for $15,000, payable to the
Cincinnati; Jones B. Shannon &
1948.
are
semi-annual instalments during
and
bidder
highest
Second
15,
was
divided into
or
Weld
•
sealed
Jan.
All of the bonds are dated
determine upon at
Both principal and
may
of sale.
time
School Dis¬
High
95,000 -Libby
entire issue
may be put into
for each purpose
one
N
$165,000 School Dist. No. 4 bonds.
the
issued,
and
sold
bonds will
and serial
choice
Board.
price of 100.038, as fol-j
struction and improvement
Amortization bonds will be the
first
a
lows:
Jan
High
518,629
3s, at
as
Monday, December 27, 1948
principal« amount
of
cojne
;
V
;1;
CHRONICLE
FINANCIAL
&
Bond
Sr.,
Offering
District
—
Clerk,
,
■
water, Sykes, Heckler & Galloway
receive of New York City, will be fur-
Roy L. Bell,
will
New
olume
168
Number
THE
4763
COMMERCIAL
or
ished
est.
the
to
'
certified
a
er's check for
illage.
without
purchaser
Enclose
cash-
or
$500, payable to the
Mount
Bond
Kisco,
N.
Y.
to
Offering
J. Everett
—
arles, Village Treasurer, will reeive
sealed
bids
until
3:30
p.m.
EST) on Dec. 29 for the purchase
f $186,000 not to exceed 5% inerest
public
improvement,
©upon or registered
1.48%.
acquisition bonds offered Dec. 18
v.
168, p. 2487—were awarded
^
'
.
OHIO
.
Batavia Local School District, Ohio
Bond Sale — The $-ll£00 land
J.
A.
White &
nati,
as
2s,
at
of
about
basis
a
Jan.
1 from
125,000
Due
Oct.
1 from
",ov. 1, 1948. Denomination $1,000.
,Ue May 1, as follows: $18,000 in
#49 to 1951, $23,000 in 1952, $21,in 1953, $7,000 in 1954, and $9,-
School
Bexley
Bond
Offering—L.
of the
Clerk
Krumm,
M.
Board of
All
Ohio
District,
from
Jan
Education,
1950
to
as
of
the
Due
Second
101.08 for 23/4S
of
101.78,
a
The bonds
-
high
bid
of
made by Sea-
was
& Mayer, of
songood
bonds
dated
are
1, 1949.
63
Township (P. O.
Jefferson, R. F. D.), Ohio
Bond Offering — Robert
WayTownship Clerk, will receive
man,
bids until 8 p.m. (EST) on
the purchase of $5,000
sealed
Jan. 4 for
/
not
to
exceed
equipment
6%
interest
fire
bonds.
Dated Jan. 1,
Denomination $1,000.
Due
1949.
(EST) on Jan. 11 for the purchase
of $750,000 coupon bonds, divided
rate
of
interest and agreeing to
and accrued interest. Each
pay par
bidder
shall
subipit with his bid
-
in cash or its equivalent
equal to 2% of the amount of his
a
sum
bid.
/
Cincinnati
„
Nov.
on
Hubbard, Ohio
Bond Offering — A. J. O'Brien,
will receive sealed bids until noon
clusive.
con-
1950 to 1959 inclusive.
of
price
a
Plymouth
House
struction bonds.
clusive
bonds.
Callable
1, 1955.
East Market
55„G00
.
at
dated Jan. 1, 1949 and mature
Dec. 1 from 1950 to 1969 in¬
from
1
lighting
1
(2739)
basis of about 2.56%.
are
on
Oct.
on
2%s,
as
;
Oct.
on
Street
Due
CHRONICLE
aoout 1
inclusive.,
1059 inclusive.
v
ox
playground
and
1050 to 1959.
1948
bonds. Dated
oasis
a
park
'
bonds.
Dated
1.95%.
due on May 1
1950 to 1955 in¬
1949 and
1,
and Nov.
FINANCIAL
Sale consisted of:
$155,000
Co., of Cincin¬
price of 100.16,
a
&
ruu.uo,
Osage County (P. O.
Pawhuska), Okla.
Bond Offering—W. H. Lunday,
County Clerk, will receive sealed
bids until 11 a.m. (CST) on Jan. 5
for the purchase of $250,000 not
to
exceed
interest
4%
free
fair
Denomination $1,000.
bonds.
Due
$25,000 in 1951 to 1960. The bonds
will be sold to the bidder offering
Village Clerk, will receive sealed $1,000 Dec. l, 1950 to 1954. Bidders the
lowest rate
of interest
and
Principal and
bids until noon (EST) on Dec. 30 may bid for a different rate of
nterest
(M-N) payable at the as follows:agreeing to pay par and accrued
'
for the purchase
of $43,870 3% interest in a multiple of Va t)f 1%.
~ount
Kisco
National Bank
&
interest. These are the bonds au¬
$700,000
2i/2%
School Building sanitary sewer, special assessment Principal and interest (J-D) pay¬
"•rust Co., Mount Kisco. Rate of
thorized at the general election
bonds.
Denomination
$1,000. coupon bonds. Dated Jan. 1, 1949. able at the National Bank of Ash¬
nterest 16 be in a multiple of Va
on Nov. 2.
Each bidder shall sub¬
Due $17,000 June and $18,000 Denomination $1,000, one for $870.
tabula, Ashtabula. Bonds will be mit with his bid a sum in cash or
r
1/10 of 1% and must be the
Dec. 1, 1950 to 1969. Enclose Due $3,870 May and $4,000 Nov. 1,
ready for prompt delivery. En¬ its
ame' for- all of the bonds. The
equivalent equal to 2% of the
a bond or certified check for
1950, and $4,000 May and $5,000 close a certified check for 1% of
onds will be delivered at New
amount bid.
$7,000, payable to the Board Nov. 1, 1951 to 1954. Bidders may the amount of the bonds to be
ork, N. Y., or at such other
of Education.
bid for a different rate of interest
Sapulpa School District, Okla.
sold, payable to the Board of
lace as may be agreed with the
Bond Offering — Marjorie
'50,000 2% Library Improvement in a multiple of Va of 1%. Interest Township Trustees.
urchaser about Jan.
00 ih 1955 to 1963.
.
17, 1949. The
York
ew
Denomination
bonds.
pproving opinion of Vandewater,
ykes, Heckler & Galloway, of
and
Dec.
City will be furnished
1, 1950 to 1959. Enclose
bond
the purchaser without cost. Enlose a certified or cashier's check
certified
or
o
or
Water
District
5
No.
tExtension (P. O. Schenectady)
New
Bond
Sale
traction
168,
$5,200
con¬
bonds offered Dec.
15—
2377—were awarded to
p.
oosevelt
&
3.20s,
s
York
The
—
Cross, of New York,
price of 100.21, a
at
a
asis of about 3.17%
The bonds
-
dated Dec. 1, 1948 and mature
re
March 1 from 1950 to 1969 in-
n
lusive. Second high bid of 100.14
or 3.40s
was
made by Tilney &
o>, of New York.
Bond
aled
bids at
Van
T
office
the
of
John
DeWater, 54 Market Street,
ughkeepsie; until
Jan.
n
Richard
—
District Clerk, will receive
ane,
.
Offering
for
5
1 p.m.
the
(EST)
purchase
of
265,000 not to exceed 5% interest
chool addition, 1949 coupon or
egistered bonds.
Dated Jan* 1,
949.
Denomination
1.
an.
1962,
o
969.
$10,000
and
ultiple of Va
the
be
onds.
or
in
be
a
1/10 of 1%, and
all
for
same
the
of
Principal
and
interest
payable at the Farmers &
J-J)
Manufacturers
National
oUghkeepsie..
Bank,
The bonds will be
elivered at New York, N. Y., or
such
other place as mav b^
t
with
greed
25,
an.
pinion
8
of
approving
The
Vandewater,
be
purchase
without
urchaser
certified
to
Nov.
cost.
Enclose
cashier's check
or
Offering
istrict
has
sale
led
chool
for
Cancelled—The
called
on
off the
Jan.
the
bids
amount
of
5
bonds due to
onstruction
f
were
of
in
bonds
excess
author-
Central Sch. Dist. No.
Bond
1/4
of
bid
1%.
for
in
Johnstown-Montoe Local Sch. Dist.
(P. O. Johnstown),
Due
election
a
Nov.
on
at
the
are
the
general
2. 'All bids must
the gross
amount of bid and
accrued interest to
Enclose
ery.
$300,
a
:
certified check for
to - the Board of
Burlington Local Sch. Dist.
(P. O. Homer), Ohio
$60,000 building
offered
bonds
White
&
2M>s, at
of
20—v.
awarded
168,
p.
J.
A.
to
Co., of Cincinnati, as
price of 101.24, a basis
a
about
2.36%.
Jan.
dated
Dec.
were
—
The
1949.
1,
bonds
Due
are
May
on
and Nov. 1 from 1950 to 1969 incl.
The
Liberty Twp. Local Sch. Dist. (P.O.
second
highest bidder was
Ryan, Sutherland & Co., for 2V2S,
at a price of 100.76.
/
: V
Colerain
Township Local Sch. Dist.
(P. O.
R. R. 11, Box 148,
Cincinnati 31), Ohio
Bond
the
Sale Postponed
—
Sale of
Clerk of the Board of
will
(EST)
purchase of
ceed
bonds.
The
(P.
O.
5, 1948.
R. D. No. 5,
19), Ohio
noon
receive
(EST)
on
sealed
bids
1949
enomination $500. Due Jan. 1, as
ollows:
$1,500 in 1950 to 1955
2,000 in 1956 to 1970, and $1,000
n
1971.
Principal and interest
J-J) payable at the Farmers and
Merchants Bank, Spencer. The ap-
roving opinion of Vandewater,
ykes & Heckler, of New York
to
uccessful
ere
the
be
validity
of
to
the
bidder."
on
at
These
an
1972.
Rate of
multiple
a
of
bonds
election
June 22.
1%.
of
Dated
Va
of 1%. These
Jan.
1,
1949.
be
in
a
multiple of
bonds
were
au¬
and accrued interest. The bid¬
der
to
whom
pay
the
the
award
is
made
attorney's fees for
tiffed check for $3,780, payable to
the Board of Education.
for opinion as to legality and
of shipping bonds.
En¬
close a certified check for $1,880,
payable to the Board of Educa¬
pay
terest to be in
1%. These
ized
Nov. 2.
from
tion.
These
thorized
at
the
are
the
bonds
election
au¬
held
on
•'
••'.
i
1'
.■
V
1
•
'
••■
'
Martins
i '1
'.r-'
Firry,
■*'
sJ
.i''f ■' ^"
^
Ohio
Sold—An issue of $350,electric
light
system
first
000
mortgage revenue bonds was sold
recently to a group composed of
Braun,
Bosworth
Co.,
&
Inc.,
of
about
2.57%.
The
bonds
New
Richmond
Local
Sch.
Dist.,
Ohio
the bonds
general
Tomlin,
Education,
of
noon
The bonds will be payable
unlimited tax and prin¬
multiple
bonds
eral
were
of
Va
at his expense. Enclose a cer¬
tified check for $3,750 payable to
the Board of Education.
Richmond
of
These
1%.
conditional
The
bids will be received.
approving
opinion
of
Peck,
the Board of Education.
Olmsted Exempted
Village Sch. Dist., Ohio
Ohio
Sale—The $335 000 bonds
offered
Dec.
20—v.
168, 2487—
were
awarded to Halsey, Stuart
Inc., Chicago,
as
Itys, at
a i
Bond Sale—The
$259,000 school
addition bonds offered
—v.
on
Dec. 20
168. p. 2486—were awarded to
Fahey, Clark & Co., of Cleveland,
submit with his bid
or
its
interest
of
rate
par and ac¬
bidder shall
pay
Each
interest.
crued
a
in cash
sum
equivalent equal to 2%
of
the amount bid.
Sale—An issue of $20,000
transportation
equipment
awarded
was
Okla.
School District,
Tipton
Bond
Dec.
on
Verden,
Heights
(P.'O. 6420
20), O.
Sale—The $16,000 drain¬
sewer, issue of 1948 bonds of¬
Dec.
on
13—v
168,
2578
p.
awarded to the First Cleve¬
20
bonds
to
the
Sale
works system
nold, of Oklahoma City, on a bid
reflecting a net interest cost of
about
The
2.92%.
bonds
mature
$1,000 annually from 1952 to 1959
inclusive.
Watonga School District, Okla.
Bond
Safle—The
$98,000 con¬
and
equipment bonds
offered Dec. 20—v. 168, p. 2595—
Van Wert, Ohio
Offering—John A. Jones,
tional Bank & Trust Co., of Okla¬
Due
Dec
on
15
from 1950 to 1954 inclusive.
Bond
City Auditor, will receive sealed
bids until
(EST) on Jan. 6
purchase of $25,000 2%
the
noon
"improvement bonds.
works
Dated Nov. 1, 1948. Denom. $1,250.
Due $1,250
March and Sept. 1,
struction
were
awarded
1959. Bidders may bid for
different
rate
of
interest
in
multiple
of
Va
M-S. Enclose
of
Interest
1%.
certified check for
a
$300, payable to the City.
First
the
to
homa City, and Evan L.
Na¬
Davis, of
on a bid reflecting
net interest cost of about 1.97%.
Tulsa, jointly,
a
The
bonds
1951
to
mature
serially from
incl.
1961
n
-
;
OREGON
1950 to
a
improvement bonds
168, p. 2595—
to C. Edgar Hon-
21—v.
Dec.
awarded
were
Okla.
$8,000 water
The
—
from
1948.
water
Bond
offered
Bond
Josephine County, County School
District (P. O. Grants Pass),
Oregon
Bond Sale—The $300,000 school
bonds offered
Dec.
20
v,
168,
—
OKLAHOMA
First
will
$50,000 4s.
3
Sch.
sealed
receive
(CST)
purchase
of
p.m.
The
bids
Jan.
5
until
for the
be
sold
to
bonds
election
the
at
the
are
held
authorized
on
Dec.
a sum
bid.
in cash
or
V""
.V'
its
received
purchase
of
equipment
were
held
until Dec.
on
29
for
the
$10,000 fire fighting
bonds.
These
bonds
authorized
at
Dec. 1 in 1952
on
Dec.
1 from
1957 inclusive,
Due
on
Dec. 1 from
.
All of the bonds
Port
Bond
are
dated Dec.
/■"/.'
;
of
Newport (P. O.
Newport), Ore.
Offering — Lyle Hassel-
brink, Secretary of the Board of
Commissioners, will receive sealed
bids until 7:30 p.m. (PST) on Jan.
for
the
purchase of $25,000.
3
Bond Offering—Sealed bids will
be
on
Due
1, 1948,
equivalent
'V;'
the
1958 to 1963 inclusive.
7.
Idabel, Okla.
Due
150.000 2.1/2S.
Each bidder shall submit with his
bid
to
of
1953.
1954 to
interest
These
Bank
Portland,
price of 100.01, a net interest
of about 2.48%, as follows:
and
the
offering the lowest rate of
and agreeing to pay par
National
100,000 2s.
.
shall
a
cost
$60,000
building
Due $5,000 in 1952 to 1963.
bonds
bidder
on
at
awarded
2595—were
p.
Dist., Okla.
Bond Offering—Ellen Graham,
Clerk of the Board of Education,
Barnsdall
Nov.
2, and are
payable from unlimited taxes. No
on
lowest
agreeing to
and
er
authorized at the gen¬
election
the
be procured by the purchas¬
may
equal to 2% of the amount of his
different rate of interest in
sold to the bidder offer¬
shall be
ing
Tiptori, and
cipal and interest (M-N) will be
the National Bank of Frederick,
payable at the Port Clinton Na¬
as
IV2S, at a price of
tional Bank. Award will be made jointly,
100.025, a basis of about 1.48%.
011 the above date at 8:30 p.m. The
Dated Jan. 1, 1949 and due on
approving
Opinion
of
Squire,
Sanders & Dempsey, of Cleveland, July 1, 1951.
/
V
;
and accrued interest for the bonds.
a
$10,000 in 1951 to 1961. The bonds
on
(EST) on Dec. 30 for the purchase
$40,000 3%
building bonds.
Dated Jan. 1, 1949. Denomination
$1,000. Due $1,000 May and Nov.
1, 1950 to 1969.
Bidders may bid
of
of
(CST) on Jan. 5 for the
purchase of $110,000 building, re¬
pair and equipment bonds. Due
author¬
election
an
bonds.
Bond Offering—Harold
Board
First National Bank of
for
Nov. 2.
the
multiple of Va of
a
are
the
at
expense
North
Columbus,
Bond
Co.
15, 1949. Denomination $1,000. Due
$8,000 May and Nov. 1, 1950 to
1965, and $8,000 May and $9,000
Nov. 1, 1966 to 1972. Rate of in¬
15,
bonds, purchaser of bonds to
review and opinion of the Shaffer & Williams of Cincinnati
legality of the proceedings in con¬ will be furnished to the successful
nection with the issue of bonds,
bidder without
cost.
Enclose
a
and
shall also
pay
the cost of bond or certified check for 1 %
printing the bonds. Enclose a cer- of the bonds bid for, payable to
&
Dated Jan.
cation will pay for the printing of
their
/
building bonds.
the
Jan. 5 for the
$1,000. Due Dec. 1,
interest to
shall
terest
land Corp., of Cleveland, as 3s, at
par.
The bonds are dated Dec.
Clerk of the Board
the
furnished
authorized
De¬
will receive sealed bids until
bonds.
noon
Dec. 30 for the purchase
of $375,000 not to exceed 3% in¬
on
—were
cost
par
will
1949
1,
mature serially from 1950 to 1969
inclusive, and are callable in 1959
at a price of 103.
lock, Clerk of the Board of Edu¬
Akron
will
(EST)
Va
to
in
be
the highest bidder at 8 p.m. (EST)
on the above date, at not less than
ity,.as
Jan,
Bond Offering—Charles S. Wel-
cation,
will receive sealed bids until
school addition
Interest M-N. The Board of Edu¬
bonds, award of which
scheduled to be made on Dec.
garage
onds
ex¬
L. Darr,
Education,
of
of
7:30 p.m.
C.
—
Board
fered
a
1,
to
the
age
for
Jan.
Dated
the
not
$188,000
interest
for
Offering
of
interest to
Nov. 2. The bonds will be sold to
dated
10
Bond
Clerk
Clerk
Education, will receive bids until
Richmond Road, Cleveland
thorized at the general election on
are
Jan.
on
until
bids
Exempted Village
District, Ohio
nominations $1,000 and $500. Due
$4,000 May and Nov. 1, 1950 to
of
interest
Bonds
4%
Education,
sealed
of
$104,500
building
Ryan, Sutherland & Co., both of
originally
scheduled
for
Toledo,
and
Prescott,
Hawley,
Jan. 6, has been postponed.
Shepard & Co., Inc., of Ceveland.
on a. bid reflecting
a net interest
Coventry Local School District '
issue
follows: $26,000 in 1950 to 1952,
and $25,000 in 1953 to 1964. Rate
withdrew the offering
40,000 not to exceed 5%
receive
noon
bonds
as
—
Road,.
Youngstown 4), Ohio
Bond Offering — E. J. Blott,
Bonds
of
Canceled
Churchill-Hubbard
317
Brown,
Clinton
School
1969
.
Bond Sale—The
2377
high bid
of 102.06 for 2V2s was made by the
First Cleveland Corp., Cleveland.
Port
1968, and $4,500 May and Nov. 1,
payable
Education.
date of deliv¬
Nov. 1 from 1950
on
to 1973 inclusive. Second
different
multiple of
state the number of bonds bid for
and
1949 and due
a
(M-N). These
authorized
Denomination
1
the
to
4% interest building and improve¬
York
Offering
istrict
certified
or
payable
ment
(P. O. Van Etton),
New
bond
a
$500,
Village.
(The above takes the place of
originally scheduled for
sale on Dec. 17. >
purchase of $378,000 not to exceed
Etten, Baldwin, Erin,
Chemung, Spencer, Barton,
Cayuta
and
Newfield
Id
$1,000.
follows: $1,000 in 1950
as
interest
bonds
until
Van
as
3% interest
improvement
and
may
of
rate
sched-
$265,000
the fact that
zed.
us
15,
10 for the
1959, and $2,000 in 1960 to 1969.
the
5,300 payable to the District.
Bond
$30,000
of
Denomination
bonds.
to
Jan.
on
construction
Sykes,
furnished
for
the issue
the purchaser about
1949.
will
(EST)
p.m.
eckler & Galloway, of New York
ity,
check
Ohio
eral election on Nov. 2.
Bond Sale—The $150,000 build¬
Brady Lake Sch. Dist. (P. O. R.F.D. ing bonds offered on Dec. 20—v.
168, p. 2378—were awarded to
No. 1, Kent), Ohio
Bond Offering—Edith E
Mer- J. A. White & Co., of Cincinnati,
as 2V2S, at a price of
102.15, a basis
rell, Clerk of the Board of Educa¬
Dated Jan. 1,
tion, will receive sealed bids until of about 2.07%.
Due
1950
1963 to
in
interest to
of
Rate
ust
$1,000.
M-N. Enclose
Jan.
1, 1949. These are
the bonds authorized at the gen¬
follows: $15,000 in
as
for
Education.
Dated
Bidders
oughkeepsie Union Free Sch. Dist.
o. 2
(P. O. Poughkeepsie), N. Y.
check
a
$500, payable to the Board of
$3,720, payable to the Village.
iskayuna
$1,000
$500. Due $2,500 June and
the
election
Dec. 14.
emergency series P bonds. Dated
Jan.
1, 1949. Denom. $500. Due
$5,000 Jan. 1, 1950 to 1954. Prin¬
cipal and interest (J-J) payable
at the Bank of
Enclose
Lawton, Okla.
Bond Offering —D. L.
Shelton,
City Clerk, will receive sealed
bids until 8:30 p.m. (CST) on Dec.
28
for the purchase of $245,000
a
Newport, Newport.
certified check for
of the par value of
able to the Port.
5%
the bonds pay¬
PENNSYLVANIA
Cambridge Springs, Pa.
Bond Sale
The $61,000 im¬
Airport, series C bonds. Due $30,000 in 1952 to 1958, and $35,000 in provement bonds offered Dec.
—
1959.
the
The
bidder
bonds
shall
offering
be
the
sold
to
lowest
—v.
168,
George
p.
G.
17
2379—were awarded to
Appegate,
of
Pitts-
64
burgh,
Jan.
of
ond
bid
made
was
due on Jan. 1
196^ inclusive. Sec¬
of
for 2V4s
101.19
by E. H. Rollins & Sons,
Elizabeth
A1 of the bonds are dated
Dec.
1, 1948 and those numbered from
43-400 inclusive become optional
Dec. 1, 1952.
on
*i>
...
District
will, receive
(EST) on
purchase of $300,-
Texas
10 for the
000
general
obligation
.
coupon
Sold
Bonds
sealed bids until 8 p.m.
Jan.
School District,
Abernathy Indep.
school
10,
Dec.
on
awarded
of $150,000 was
block
a
Of the $225,000
—
De¬ to the Central Investment Co. of
nomination
$1,000.
Due $15,000 Texas, of Dallas, on a bid reflect¬
Feb. 1, 1951 to 1970. Registerable ing a net interest cost of about
3.13%.
as to principal only. Each bid shall
specify in a multiple of Vs of 1%
Crane County (P. O.
a single rate of interest which the
Crane), Texas
Feb.
Dated
bonds.
1949.
1,
.
bonds
bear. The purchaser
to
are
the
charge
without
receive
will
opinion of Burgwin, Churchill &
Ruffin, of Pittsburgh. Enclose a
certified, cashier's or treasurer's
check for $0,000, payable to the
District.
San Antonio.
1966 to 1970.
in
V.
—
Boyd,
M.
sold
to
Registerable
as
to
principal only. Each bid shall spe¬
cify in a multiple of % of 1% a
single rate of interest which the
bonds are to bear. The purchaser
receive
will
without
the
charge
to
ples National Bank of Charlottes¬
ville, at
about
$40,000
follows:/'
all
on
scribed
limitations
the
Enclose
law.
a
000
1969
All
20—v.
Dec.
to
awarded
were
Co.,
York,
New
&
Dulles
168,
Co.,
C.
G.
Haas
&
and Wurtsman
of Philadelphia,
iy2s, at a price of
a
basis of about 1.49%.
The bonds are dated Dec. 1-, 1948
jointly,
100.065,
on
Dec. 1 from 1949 to
The successful bid was
1968 incl.
non-callable
Second
bonds.
high bid of 100.539 for l%s was
made by the First National Bank
and
not
were
Sold—The
all
as
school
Dec.
Dated
issue
4%
and
sewer
$85,-
has
been
works
than
purchased
by
the
Re¬
construction Finance Corporation.
Dated Sept. 1, 1948 and due on
Sept.
from
1
Bonds
1949
maturing
callable
after
beginning
incl.
1980
to
1955
are
Sept.
on
1,
1955.
Bond
bined
enue
Sale—The
public
as
to
bonds
com¬
system
offered
Dec.
rev¬
16—v.
&
Co.,
Richmond,
RobinsonHumphrey Co., of Atlanta, Varnedoe, Chisholm & Co., of Sa¬
vannah, and E. H. Pringle & Co.,
of Charleston, at a price of par,
net interest cost of about 2.67%
a
at
follows:
$42,000 4s.
Due
1953
to
bonds
sold to
$100
Sale—The
payable
Russ
office
Vt.
Bank
the
to
of
Canadian
as
iy2s,
at
both
ONTARIO
debentures
Sale
awarded
Scotia,
follows:
as
sive, and $204,500 3s, due on Dec.f
1 from 1959 to 1968 inclusive. All
at
a
1949
from
1
the bonds
Due Jan.
Sewers, 2% bonds.
1, as follows: $144,000 in 1949,
$146,000 in 1950, $150,000 in
1951, $154,000 in
1952, and
in 1953.
dated Dec. 1, 1948.
are
Ste. Etienne of Le Malbaie School
Que.
to
1952, $13,000 in 1953 to 1955,
and $14,000 in 1956 to 1958.
Sewer, 2%% bonds. Due
Jan. 1, as follows: $2,000 in
1949 to
1958, and $3,000 in
to
du
Denomina¬
tion
$1,000.
Principal
and s in¬
terest (J-J) payable at the Bank
of Nova Scotia, in the Cities of
1,
onfj
Canada,
3s,
at
of
about
1948
a
Dated
Nov.
rially
on
1,
price oil
3.24%.
and
as
basis
98.92,
Provincial^
Banque
Nov.
a
due
from
1
se¬
1949
to
inclusive.
Sorel, Que.
Bonds
Sold—An issue
of $300,-'
000 municipat improvement bonds
sold
was
Securities
minion
ronto,
Dec.
on
at a
interest
cost
2
to
the
of
Corp.,
Do¬
To-\i
price of 96.53, a netji
of about 3.785%,
asj
follows:
1963.
Jan.
$108,-1
000 school bonds was awarded
Nov. 22 to the
1950
35,000
^
Sold—An issue of
Bonds
1958
in
1958
to
Commission,
1959
on|
inclu-i.
of
The sale consisted of:
$12,000
3.242%,
$169,000 23/4s, due
Bank
the
$750,000 Asphalt Pavements, Play¬
grounds,
Fire
Apparatus,
Road Making Machinery and
1949,
a
Dec.
of 100.62, a net interest
cost of 1.97%, as follows:
in
at
bid reflecting r
on a
16
Halifax,
of
jointly,
Toronto,
Dec.
on
to
$913,000
Commerce,
net interest cost of about
a
The
—
offered
of
price of 97.166,
Ottawa, Ont.
and the
Corp.,
of
Bank
1948.
$20,000 3s.
Due
on
March 1 from
1949 to 1958 inclusive.
3V2*s.
280.000
Due
on
March
1 ;
from 1959 to 1968 inclusive.
1 shall
fiscal
the
at
State
in
the option of
them
if
agency
bid of 102.49 for l%s was
made by Laidlaw & Co., and the
Mercantile
Commerce National
eral
high
a
company.
We have
a
metal stencil
Department
for
in our Addresso-
investment
Bids
banking and brokerage firm in the
must
specify:
above
any,
par,
at
alphabetically
arranged
every
This list is revised daily and
up-to-the-minute
country,
States
by
and
firm names.
Cities, and within the Cities by
will purchase
the bidder will
at which
were
These
authorized at the gen¬
election
Nov.
on
certified check
the amount
of
your
the holder.
purchase the bonds at par.
bonds
on
offers you the
service
available.
(b) the lowest rate of
bonds;
interest
a
information
for
Investors look to
Country.
Addressotjruph Service
most
price of 100.046, a basis of about
1.49%. The bonds are dated July
the
graph
which such bidder
the
of
City,
bonds
premium,
Houses
Investment
Annual Report to the
Mail your
York
New
the
the
Treasurer's
City
the
or
(J-J)
interest
and
at
were
National
First
Chicago,
gen¬
offered
—
Securities
minion
ofiered
to the Do¬
awarded
than $1,000
(a) the lowest rate of interest and
$296,000
were
6
bonds
sewer
Dated Jan. 1, 1949.
1, 1956.
for
awarded
Dec.
canada
and
a
pf their numbers. The
VERMONT
improvement bonds
Dec. 22 — v. 168, p. 2596
Granby, Que.
$373,500 water
Sale—The
Bond
shall
bonds
more
nor
at
Bond
QUEBEC
pay
numbers.
their
of
of
eral
shall
1 shall
other than
that bond No.
Principal
of San Antonio, and Asso¬
Burlington,
than $1,000
last numbered bonds shall mature
ciates.
•
of not less
15, 1948.
■
a
Dated
multiple of $100) and will mature
O. Laredo), Tex.
was
Dec;
1, 1971.
in the order
Sold—An issue of $475,-
road
Dated
of denomination other than a
be
on
Dec. 1 from
on
inclusive.
1965
election
an
1,000,000 3y4% sinking fund de¬
bentures. Due Dec. 15, 1961.
Denominations of not less
(provided
were
1 from
1949 to 1952 inclusive.
195,000 2V2s. Due
than
1, 1948 and mature on Jan. 1 from
1950 to 1959 inclusive.
Second
Dec.
on
bonds
$1,000,000 3% sinking fund deben¬
tures. Due Dec. 15, 1956.
Public Safety Building
$90,000
bonds.
$150,-
Jan.
& Co.,
receive
(PST> on
Construction
numbered
last
mature Jan.
Dec. 6.
168, p. 2379—were awarded to a
syndicate composed of R S. Dick¬
son & Co., Charlotte, F. W. Craigie
as
The
1963.
1,
authorized
000
Lind-
interest coupon
more
nor
order
the
in
&
Due on Dec. 1 from 1949
inclusive. Optional after
1979
Dec.
debentures, divided as follows:
certified check for $250.
~
purchase of $465,000
Bridge
$100
fax, is publicly offering $2,000,000
multiple of $100) and will mature
3y4s, 3y2s and 3%s. Dated Dec.
1, 1948.
Bonds
$400,000
utility
16—v.
and
& Co., of Hali¬
interest.
and
bidder
successful
Montreal,
of
Co.,
Mackintosh
C.
128,000 Sidewalks, 2V2% bonds.
Due Jan. 1, as follows: $11,000
will
of denomination
be
Underwood & Co., of Dallas,
Webb County (P.
Newberry, S. C.
of
issue
(provided that bond No.
000 school bonds has been sold to
R. A
principal
price
.
Dec.
Denomination
bonds.
The
Bonds Sold—An issue of
$180,-
system revenue bonds
,
Victor
—
not to exceed 3%
T exas
of
of
$156 000
Clerk,
City
J.
the
of
property
close
Jan. 1 from 1950
on
Offering
$375,000
Parkhurst
taxable
&
Mead
printing of the bonds. En¬
1, 1949 and mature $2,-
annually
Jan. 5 for the
were
of
City
general
for the
rejected. The bonds are
were
berg,
Indep. School District,
Mission
water
Va.
sealed bids until 5 p.m.
bonds
of Fort Worth, jointly.
1, 1948. Legality ap¬
McCall,
by
The
WASHINGTON
William N. Ed¬
the
and
C.
issue
combined
000
S.
Corner,
Sale—An
1,
Aberdeen, Wash.
system revenue bonds was sold
recently to Moss, Moore & Co., of
Dallas,
bonds.
1949. Denom. $500.
a
Offered—
Publicly
syndicate composed of Nesbitt,
&
Co.,
of
Montreal,
Burns Bros. & Denton, of Toronto,
Thomson
tax to provide for the pay¬
a
ment
to 1979 inclusive.
% water works and sewer
wards Co.,
City
were
offered
bonds
dated Jan.
Texas
Sold—An
of $15,-
addition
are
Debenture
dated Jan.
168, p. 2488—was not sold, as all
$285,000
bids
bonds
the
on
inclusive.
are
bonds, divided as follows:
Bonds
on
$5,000 March 1, 1950 to 1952.
These
from
1
Sold—The
Not
of
cost
revenue
Matador,
SOUTH CAROLINA
Moncks
bonds
Bonds
rejected.
000 4V2
Due
Nova
Crowe, of Dallas.
Bond
Jan.
Hampton,
13—v. 168, p. 2488—
sold,
Dated March 1,
highest
sewer
offered Dec.
proved
Media.
of
1976
to
inclusive.
1949
bids
interest
net
a
Not
Bonds
water
as
and mature
for
R.
school
(Province of)
A
(CST)
p.m.
Edward Island
Debentures
sealed
Magisterial
on
1978
to
the
Bond
2487—
p.
due
3s,
bidder
J. Edwards, Inc., on a bid
reflecting
7:30
receive
for the purchase
27
high
$12,000
Lampasas, Texas
bonds of¬
improvement
and
fered
was
until
,
ISLAND
EDWARD
Prince
»
Ethel Sowle,
—
will
Clerk,
3y4s,
due on Jan. 1, 1954; $168,000
23/4s, due on Jan. 1 from 1955
to 1968 inclusive, and $120,-
000
second
The
1949.
Offering
price of 100.19.
a
PRINCE
works
bonds:
District
All the bonds are dated Jan. 10,
Sale—The $100,000 fund¬
Bond
,
ing
1968
to
1969
from
1
Chesapeake
300,000
3.1395%.
O.
Springfield Township (P.
Springfield), Pa.
Jan.
on
to 1979 incl.
pre¬
certi¬
fied, cashier's or treasurer's check
for $4,500, payable to the District.
by
due
Hannaford, Birks & Gordon, and
of
Montreal,
Montreal,
Bank
jointly, at
inclusive.
1965 to 1972 incl.
property within the Dis¬
within
trict
levied
taxes
1955
from
1
1954
to
23/4s,
$840,000
inclusive, and $480,000 3s, due
54,000 3s. Due Jan. 10, from 1973
valorem
ad
Jan.
1950
from
1
Jan.
on
from
10
Jan.
Due
3y4s.
has
12,
liability and there has been levied
follows:
as
to 1964 incl.
46,000
City
$60,000 not to exceed 6% interest
$50,000 3s. Due Jan. 10 from 1950
taxable
of
cost
Dailas,
Moss, Moore & Co., of
as
2.891%,
inclusive;
p.
3.0763%,
interest
net
a
$1,500,000 Wythe Magisterial Dis¬
trict bonds. $180,000 3y4s, due
jointly, at a price of 100.0829, on
a bid reflecting a net interest cost
of
price of 100.005, on a bid
a
reflecting
on
Churchill &
Ruffin, of Pittsburgh, that the
bonds are valid, general obliga¬
tions of the District, payable from
opinion of Burgwin,
Jan.
Wis.
Tomah,
Bond
Dec.
Richmond, and the Peo¬
for
Ottawa, Toronto and Montreal.
The second highest bidder was
A. E. Ames & Co., Royal Securi¬
ties Oorp. Montreal, McTaggart,
WISCONSIN
000
2379—were awarded
John Nuveen & Co., of Chicago,
and
indefinitely postponed.
& Cq. of
as
168,
been
bids
Oct.
—v.
Sale of
—
bonds, origin¬
scheduled
Folger, Nolan, Inc. of
Washington, D. C., Branch, Cabell
improvement
Antonio,
Postponed
ally
lottesville,
3V2s and 33/4S. Dated
1, 1948. Legality approved by
District
Secretary,
will
receive McCall, Parkhurst & Crowe, of
sealed bids until 8 p.m. (EST) on Dallas.
>
•
Jan. 4 for the purchase of $225,000
Grand Prairie, Tex.
general obligation coupon bonds.
Dated Jan. 1, 1949. Denomination
Bond Sale—The $150,000 sewer
$1,000. „Due Jan,. 1, as follows: improvement and extension,
$11,000 in 1951 to 1965, and $12,000 series 1949 bonds offered Dec. 15
Offering
Bond
p.
Michigan Corp., B. J. Van Ingen
& Co., both of New York,
Scott, Horner & Mason of Lynch¬
burg, C. F. Cassell & Co. of Char¬
bonds was
McRoberts & Co., of San
street
Sale
the $600,000 school
—
Craigie & Co. of Richmond, First
Texas
Rose,
Bonds Sold—An issue of
School
Township
$100,-
2V4%
Glen
Wash.
.
road bonds has been
sold to the First of Texas Corp.,
000
.
District
(P. O. Pittsburgh 21), Pa.
Penn
.
Sold—An issue of
Bonds
16
Dec.
District
(P. O. Yakima),
of
offered
bonds
7
Bond
$1,800,000
offered
2488—w^re awarded to
a
syndicate composed of R.- S.
Dickson & Co. of New York, F. W.
TEXAS
Secretary,
.
Va.
Sale —The
bonds
168,
v.
Inc.
McKeesport School District, Pa.
Bond Offering — L. R. Travis,
Hampton),
Bond
school
No.
O.
(P.
County
City
Monday, December 27, 1948
Yakima County School
VIRGINIA
1966 to 1973 incusive
Dated
and
1950 to
high
1.87%.
CHRONICLE
FINANCIAL
&
Due on Dec. 1 from
163,000 2%s.
price of 101.03,
a
about
1949
1,
from
2s, at
as
basis
a
COMMERCIAL
THE
(2740)
or
2.
Our charge for
addressing envelopes for the
complete list (United States or
$5.00 per thousand.
Canada) is
' *
Enclose
cash for 5%
bid of each issue,
All
addressing completed within 24 hours.
We
can
also supply the list on
gummed roll
-
Bank
DIVIDEND NOTICE
Nob^e
and
Brooklyn
The
Board
of
West
22,
COMPANY
Streets
York
New
Directors
of
the
American
Manufacturing Company has declared the quar¬
terly dividend of 25c per share and a year,
end dividend of 50c per share on the Common
Stock,
holders
pavable
of
Dumber
December
Record
22,
^ Trust Co., jointly.
Rutland,
MANUFACTURING
AMERICAN
1948.
at
31.
the
to
1948
close
Transfer books
of
Stock¬
business
will remain
open.
notes
the
B.
BROWN,
was
awarded
National
on
Bond
Bank
Boston, at 0.92% discount.
Dec. 22,
1949.
were
Dated
Oct. 20,
•
by
Kenneth
B.
—
bonds
a
small additional charge.
The $13,000 con¬
offered
The
second
Pacific
Hill
I
for
Dec.
18
awarded to the Old National
Bank, of Spokane,
1948 and due on
high bid of 0.974%
Treasurer.
& Co.
of
Second
made
Sale
struction
Dec. 20 to
Shawmut
labels at
Sprague, Wash.
Vt.
Note Sale—An issue of $150,000
was
ROBERT
payable to the city.
highest
Northeast
23/4s, at
as
a
2y2s, at par.
bidder
Co.,
was
Spokane,
price of 100.38.
Herbert D. Seibert & Co.,
Publishers of "Security
25 Park Place
inc.j|
Dealers of North America"
REctor 2-9570
New York 7)
@FedFRASER